New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-04
SArrRnAY. lime %. N.

10 vS So' go 80 81 |
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SATURDAY, June 2-P N.
The closing operations Of the week in the stock ar
ket were marked by unusual dulness, and some irregu-
lar,y, bat generally speaking, prices were irmer' ad
the disposition TO buy was checked only by the anxiety
Of operators to know the character of the foregn news
close at hand by The Vanderbilt The dealings, how
ever. small as they were, show an improvement IN
prces except in Erie and Michigan Southern, both OF
which have been affected by special cause.-the latter
Inv tbe announcement Of the fact that the Second Mort
gage bondhoders were prepared TO offer resistance TO
any effort on the part Of the Board which
fails 10 recognize their security according 20 It's rank
This feeling has recently found expression, III conse-
quence of the statement by one OF our cotomporares
that doubts as to the validity of the mortgage Were
entertained but we are disposed to believe from what
we learn that no such idea has been suggested to the
Board and that whatever may have been the crude
hints of interested parties, time since, there has
never been any disposition TO dispute the rights OF the
second mortgage bondholder9 We have for some
time been aware of the fact that legal investigations
had been made by the holders Of the Second Mortgage
Bonds and that the result conviction that the
security could not be invaidated but an impression
has been that the Company would undertake no
easures which would not be acceptable this class Of
creditors but that plan would be devised, which,
while fully recognizing the claims Of the mortgages,
wonld enable the Company to emerge from IFS position
of discredt and embarrassment. Under good manage
nent The Michigan Southern road will prove not only
good for every dollar of It's mortgage debt but vaua-
BE also to the shareholders Ii is curious fact that
during the day the entire dealings in NewYork Cen
trail according to the s have been but TO the extent
Of lis shares and this as leading stock illustrates the
bes,atng tone of the market The largest business Of
the day was in Pacific Mall Erie Michigan Southern,
Rock Island, and Michigan Central The Western
shares, with the exceptions given, were very dull,
but the quotations in nearly every instance higher
The bond market is very firm, and for
the best classes of the various railway issues there is
good inquiry for investment. There has been large
absorption of these securities within the last two
months and il has extended to many low priced bonds,
which becoming gradually scarce. AT the Second
Board the dulness quite marked, and nearly all
the prominent stocks were neglected Michigan Gen.
trail and Michigan Southern were the only exceptions,
and for both of these prices better. There
not transaction registered in Hudson River during
the day bat the bidding price was abon per cent.
higher than yesterday. Chicago, Burlington and
Quincy improved z per cent. on Friday price, and
was steady at tie quotations. Aitr the Board the
market was very fair, with but little doing. The
closing prices for Virginia &C. 49, S3l; Missouri
Go, 81 QSi4 Canton Company, 2O4 III Cumberland
Coal, 49, q IA; Pacific Mail, 80 690si New-York
Central Railroad, 81 aS2!; Erie Railroad, 20I e2Os;
Hudson River Railroad, 49, 949; Harlem Railroad
l2I l3; Harlem Preferred 392 a 40; Reading Rail-
road Az 0il3; Michigan Central Railroad 52s 052a;
Michigan Southern and Northern Indiana Railroad
Isls .slJq.D
1881 1885; Illinois Central Railroad GO q 63 Geiens
and Chicago Railroad, 81 064 Cleveland and Toledo
Railroad, 29l 029s; Chicago and Rock Island Rail
road 69:07O; Chicago, Burlington and Quincy Rail
road 76l 076l Illinois Central Is, 903 a9l.
The market for foreign bills is firm at 1903 a09t for
Sterling, aud 5.l74 a5l34 for Francs. The business
for the steamers to-day moderate.
Freights-To Liverpool: 10000 bush. Corn, in bulk,
at ID 5000 bush, in bags, at 3d.. 80 ties. Beef T.
steamer at 6s. To LOndon rs sticks Cedar Dos,
measurement; 200 tics. India Beef js. Sd. To Bre
men: $50 bbls Resin at Is. 3D.. 1000 light Pipe Slaves
at Sl2.
The business of the Sub-Treasury was: Receipts,
$7S 16l 4S-CustOms, s67 900; Payments, $7j2l6 o.;
Balance, S6,62l, 1873 10.
The foreign news by the City of Baltimore and Van
derbit is more favorable than the stock, specua-
TORE OF W all street WHO SOFA NeW-10h central nall
road on the revolution in Sicily anticipated. There
is better feeling both the London Stock Exchange
and the Paris Bourse. Consos and Renes have ad.
vanced. There was no excitement in the Money |
Market IN London, and rates of interest were un-
changed. The demand for accommodations at the |
Bank were quite light The Stock Exchange Com |
mittee have unanimously confirmed the suspension Of
the four members employed by Pulnger in his specul
al. : Il
limited TO three months, while that of Messys. X. |
Johnston, T. UzielG, and Sheldon, viii continue to |
the 18th Of March, when the powers Of the present
Committee expire. In cotton and breadstus there is
no change Of Importance.
We annex a comparative statement OF the imports Of
Foreign Dry Goods and General Merchandise at New
York for the week and since Jan /:
For Ueck. 1865. 1859. 1860.
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