New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-28
WEDNESDAY,, June Up. n.

WEDNESDAY,, June ~. y.
In the opening transactions this morning, stocks
were rather dull and for State stocks especially the
market had heavy lsok and the dealings were at
slight decline in prices. This feeling continued through
out the first calls on Pacific MAIL NewYork Central,
and Erie but when the Western shares came mp for
consideration there decided change IN the temper
of the Market and from this point to the close of the
session the transactions spirited and prices had
an improving tendency. The most importan! move
ments of the day were in Michigan Central Michigan
Southern Guaranteed, and Rock Island For each
of these stocks there well-sustained demand
through the session, and advance Of I63 cant
in the quotations. Michigan Southern Guaranteed
was particularly strong under the encouraging
statements in regard TO the business prospects Of tho
Company and the promise of an early relief from ts
financial embarrassments. Chicago, Burlington and
Quincy ALEC was decidedly better and the shares were
taken up quickly at the prices quoted The stock
stands at IA at the close of the day. against 70 yes
terday Toledo active at about the prices current
yesterday, and Reading was very firm, with a slight
advance in closing transactions. Pacific Nail Ere>
and Panama were all heavy at the First Board, AL
though for Erie the demand was better on the second
call. The receipts for June do not show as large
results May although slightly in advance Of last
year. We understand the road willis be advertised
for SALE under the late decree obtained BY the Fifth
Mortgage The business in New-York Central vas
not important but the stock improved toward the
close of the session. in sympathy with ihe rest Of the
market. There was q brisk demand for Rail-
way Bonds during the day, and especially
for some of the low-priced descriptions.
The issues of the Michigan Southern road arc again
higher The First Mortgages, after selling ct % IN tho
. t. nafra
Sinking Funds to TIL an advance of 2t v cent; and
the Second Mortgages to 81 against 50 yesterday. The
Company is now paying interest all its mortgage
debt except the Second Mortgage, and this has been
earned and the payment must be resumed as soon AZ
the finances Of the Compsny are fairly arranged. At
the Second Board there was q further advance in
Michigan Central and Rock Island and New.York
Central was also fraction higher. After the Board,
the market strong, and the bidding prices were
generally little better than the registered quotations.
The Share dealings mostly between the operators Of
the Board and street at present. but there 10 dspo
sition on the part Of shareholders outside TO-
cell and with such abuudansy supplied
money market the influences all ia favor Of move
ments for the rse This condition Of matters gives to
the bulls all of the advantages of the Market and rem
deTs the opposing interest comparatively feeble The
season is somewhat adverse to active speculation,
but the tone of the market is decidedly hopeful and
cheerful and while adverse items have bot a slight
and temporary effect, those of favorable character
have an unusually strong influence. The closing
prices were: Virginia &C., g3 S94; Tennessee 6, 81 q
92i; Missouri &c. s4I es4s Canton Co., 1890; Cunt
erland Coal, 1914; Paciic Mail 1871 1891; New-York
Central 81 9S2 Erie Railroad lSa elSl; Hudson Riv.
er Railroad 48 e4Si; Harlem Railroad ~ Obj; Hars
lem Railroad Pref, 3sl 39i; Reading Railroad 40l0
400; Michigan Central Railroad 4ss o4Si; Michigan
Southern and Northern Indiana Railroad 13} 0l33;
Michigan Southern and Northern Indiana Guaranteed
30S30t; Panama Railroad, 1851 1l25s; Illinois Cen
trail Railroad 63s 0s3I; Gslena and Chicago Rail-
road, 62s962I; Cleveland and Toledo Railroad, 3lt
s3ls; Chicago and Rock Island Railroad, 7Oi 07o3;
Chicago, Burlington and Quincy Railroad, 74S74i;
Illinois Central, 7s, 9ls9iI; Delaware and Hudson
Canal Co., 96i U. s IS, "A, 1914 o1o4t
FreigLts--To Liverpool: 500 bales Cotton at 5-32a
3l6d.i 1900 boxes Cheese per steamer) at 50s $500
bbls Flour at ls. l0ld. 92s; $1,000 bush. Wheat at
7l07id in bulk and bags so boxes Bacon tper
steamer at 35s; 200 rkiDs Butter per steamer at
Sos. To London: 30, 900 bush. Wheat a: Cd, In bulk
and bags $500 bbls Flour at 2s. 81. s2s l0Id; l50
boxes Bacon per steamer at 35s. To Glasgow: 200
bbls Flour at 3D. 3D.; 5000 bush. Wheat in shippers
bags at 3d.; tuns Oil at 3Os To Bremen: 200 bales
Cotton at lc Is Tobacco at &c., aud 300 bills.
Shoe Pegs at lie. Cd. bark of $50 tuns from north
side of Cuba home with Sugar at 81 37l v boz
The business Of the Sub-Treasury was: Receipts.
$780, O9 6l-Customs, $64 COO Payments sil7 1913 81
-$23000 California drafts; Balance, $6yS5 905 80.
The market for foreign bills is quiet but steady, with
an increasing supply growing Of the export grain
movement. Sterling is 1891 0los,; Francs, 5.i5s
5.l1a.
The details of the earnings of the Galena and Chi.
cago Railroad Company, for the week sndins june p
are;
Fresht......... si3 100 90 sisso6 Ga. -Dee- sM IS
Passeuser...... T728 81 6est %, .Dcc i6&6 81
Malls, kc...... 1000 90 Loo W....
Total......sx,4sT ssoes 7s... Dee sIf4s S.
The Toledo and Wabash Road earned ths a 49,