New-York daily tribune., 1861-05-01


which it is feared may break up The line, or, a. any
rate largely by fear of capture reduce the number Of
pas .engers taking this route. We have reason to be-
ieve that the shps Of this line ere abundany able TO
take o. themselves If attacked and that no steamer
which the Confederate pirates own would he able TO
keep within eight Of either ofshe Mail ships four hours
Panama did not sympahse with Pacific Mall, but sold
the extent Of 100 shares at yesterdays plice. Cen
tral active but firm the opening pice, ~
a725 decline Of p the closing price yesteT-
/ day. Erie was without important change. Harlem
Preferred t of to 30. seller ten against 81 yester-
! d'y. The Western shares were heavy, and
Mt active excepting Illinois Central, which
closed at - against ~. The absence OF demand
for bayers options indicates the moderate interest
which is taken by Tie pubic in the present stock
movement. Some cash purchases are being made by
parties who think that the lowest Toint has been
reached, bu the principal buyers aIe still the shorts
VINO generally de.rous OF putting their options ont
again. Between the Boards the market anglid
and heavy, and AT the Second Board, with moderate
transactions, lower prices were established After the
regular session there nothing Of importance done,
and quotations were unchanged. In Border State
stocks there s much less excitement than OF late,
and quotations are comparatively steady. The
. tucky, and Missouri ard the ARRANGEMENTS making
in the Western States 10 prevent the necessity OF dis
gorging the Bank Departments at once upon Wall
has tended TO keep these stocks from further de-
cline, and these canses have been largely aided by
the oversales OF the bears who find it very difficult TO
get the bonds for delivery. Virginas are very scarce
and after selling al A. cash, in the morning. 49,
seller thirty, III the afternoon. kentuckys fell off to %,
- II
market is not very active but steady. The closing
quotations were: Tennessee U.s. i6q49; Virginia Gs,
i26i6; Mssourifs, 39l a 39l; Canton Coal Company,
81 do; Delaware and Hudson Canal Company, s0d
81; Pennsy lvania Coal Company 72d'3; Pacific Mail,
63 6i New-lork Central Railroad 72d72l; Erie
Railroad 2Oi 02ol; Hudson River Railroad, 36 36
Harlem Railroad, II "a l2l Harlem Railroad Preferred,
81 a30, Reading Railroad, 81 a3Is Michigan Central
Railroad AZ aiil; Michigan Southern and Northern
Indiana Railroad. l3dl3!; Michigan Southern and
Northern Indiana Railroad Guaranteed Stock, 2oi
q2Sl; Panama Railroad, loll a lG2 Illinois Central
Railroad, 81 aj5, Galena and Chicago Railroad,
s. a 81; Cleveland and Toledo Railroad, 81 a234;
Chicago and Rock Island Railroad, sc. a &c. Cbica
go, Burlington and Quincy Railroad, % JSi Hi
nois Central Railroad -,
= The foreign bill market continues very dull and
heavy. Leading sterling could be bad at 1915 lo',
and fnt,ca.s commercial names at lO2a l0i cent.
.it hese prces the importation of specie pays large
profit and the Bank Committee should come forward
and resume liz operations in the purchase of bIs as
th, bankers appear disposed TO hang back
Freirhts-The rates are again lower and offerings
are light To Liyerpool p 900 bush. Wheat at ,. a.
sd in bags I5,0OO bush. Corn at , a. sd, in bulk,
eo9 bbl- Flour at o. loo hhds Tallow at 2os, 100
pkgs Lard a, 2js 500 green salted Hides at rs. i'd,
and 400 bbls. Resin at 2f 3D. and by steamer 500
boxes Ctecse at JOs.
The business of the Sub-Treasury Receipts,
$iO7 5s2 oO-or Customs, s2l, ,7l9 Sc Payments $40
3Gi 50; Balance, siO,s693l 3s
The earnings Of the Chicago, Burlington, and Quin'
cy Railroad line in the rhisd week Of April We're
F.:s.:. F,.ss -is. H. $50 % De- De- sSs - .
ro,Ai..........,7.g5 o sp.7a 20 Dec.si9cis 81
The Ere Railway Company wa organized to-day by
the election Of Nathaniel Marrh President Samuel
Narsh NJ Vice President II. y. OTIS Secretary and
Talman j. Waters Treasurer, and the Direction of
the late New-York and Erie Company as Directors,
Mr. Wright Of Binghamon, and Mr.. Diven, of Elmra,
being substituted for Mr.. Cobb and Mr. Gclpcke; the
capa in shares to consist Of 80 much OF the
present $50 00o may be assened 10 the contract
Of reorganization before the 18th Of july next, ard the
caval in preferred shares 70 much OF unsecured and
iudgmcri debt as shall be .ented by the same time,
together with the averages If interest thereon, the
whole estimated at about ss0 Oo0 or the equivalent
of about 900 preferred shares Under the terms oi
the contract for reorganization with M"1'rS GregoTy
and Davir Trustees and the acts OF the Legislature OF
New-York authority ia given 10 assess the Share
holders both common aud preferred TO meet the bid at
the SALE which for the entire arcarges OF mortgage
interest And the power has to-day been exercised by
ordering ssment of - cent on the par value
Of the new shars both common and preferred, payable
on the exchange Of the bonds certificates. Interest
will lie allowed these assessments from the date oi
their payment and will be charged on them after the
lst day of September next.
The Bank Of the State of NewYork has declared a
dividend Of y cent, payable 10th May The Me-
chancs' Banking Association has declared dividend
of 81 y cent, payable LIST prox. The first mortgage
bondhoders Of the Tere Iante and Alton, AMI Belle
vile and Ilinoistown Railroad Companies are request
ed to call at the Office Of the Company No. IL wall
street. TO sign the agreement for reorganization IL Is
understood that the State Of Tennessee Will pay to-
morrow the NAV coupon the Skies OF lSbS Ihis
issue amounts 10 900 600. La uncurrent money there
is not much change. Baltimore bank notes, however
have improved TO 10 discount, on account OF the
resumption of mail facilities and the more loyal tone o
the ndvices from that city. Southern bank notes are
still dull at 80 y cent discount. Kentucky and len
nessee notes are 10 cent discount AT Chicago, ex-
! change on New-York ia IJdl7 T. cent premium, and
| at ST. Louis 2dIj " cent. Further suspensions OF
mercantile houses are mentioned to-day from the causes
/ TO which alluded Yesterday. Under the circnii-
stances btse susrensiops carry dishonor, ana III