The New York herald., 1862-06-14
Beading Michigan Central y. Michigan South

, Reading |. Michigan Central u. Michigan South
ern y. guaranteed y, Panama 2, Galena q, Toledo
q. Rock Island q. The only prominent specsanVe
shares which did not advance were Illinois e-essi
and Pacific Mail. Spectators are wso.ing 10
the Mississippi river thoroughly reopened before
buying any more Of the former, tb, latter has been
affected by the vote of the Board of Directors not
to declare an extra dividend at present. We un-
der,tand that the vote was close one, and tnat
several directors protested against further accu-
mutation OF cash assets; but the more conserva-
tive members Of the board, who deem twenty per
cent per annum enough TO divide, carried the day.
The stock will probably soon recover ITS ac-ivity
Between the boards the market was very active
indeed, and prices were a u per cent higher
For Central 95 "a, for Toledo As, for Ere 81 were
bid. At the second board these prices were main
tanned, and further advance OF a In govern
ments, "a in Hudson, "A in Harlem preferred, "a IN
guaranteed, Z. in Galena and a in Rock Island
were realized. The only stocks which did not ad-
vance were Missouris, which declined u; Pacific
Mail, which declined q, and Illinois Central which
declined X Just after the call there was
general rush on the part Of some specula'
tors to realize profits. which caused a decline OF
"A 70 per cert on the more active shares. The
market closed at half-past three at the following
uotations:-United States SIS, registered, 1881,
1887 le4H; de. 6's, coupon, 1851, l07H a;
do. SIS, 1874, 97A Ys; Teasury $40 per cent
l06 a *; Tennessee 6's, 59H 60; Virginia 6's,
81 q u; North Carolina IS, 73 "a; Missouri 6's,
52%aX; American gold, lO5H Is; Pacific
Mail, ll51a a; New York Central, 95 a;
Erie, 3sss "a; do. preferred, s6ss q; Hudson
River, 4s a u; Harlem, 177s Is; do. preferred,
4s1s a "A; Reading, SO "a; Michigan Central, 67A
a y: Michigan Southern and Northern Indiana,
271. 2s; do. guaranteed, 6l2s "; Panama,
1897 I4O: Illinois Central, 64H Is; Galena
and Chicago, Tx 72I; Cleveland and Toledo,
Az "a; Chicago and Rock Island, 67'4 6S;
Chicago, Burlington and Quincy, 7s 1914; Mil
waukee and Prairie du Chen, 80 "a; New York
Central rs. 1876, lo71I los; Erie third mortgage
bonds SO 4: Illinois Central bonds, rs, 81 . "A.
After the board the market rallied again, and
CT half past four p. n. the following prices were
bid:-s5A for Central, 3s1l for Erie, 66A for pre-
ferred, ls1< for Harlem, A for preferred. % for
Michigan Southern, 47s& for Toledo.
The deposits for conversion at the Sub-Treasury
are increasing. To-day they were about s4O0 600.
The business Of the Office was % follows
Receipts. ....."..-......s2936 936 ,oss Is
--For customs s................... lso,oOo w
Balance lie 6i5 ,4S7 81
The exchanges at the Bank Clearing House this
morning were s24,723, AIT 10, and the balances
81, ,7s5 ,559 95.
The Chemung Railroad Company has declared a
quarterly dividend Of two dollars per share paya-
BILE on demand; the Vermont and Canada Rail
road, a dividend Of four per cent payable July 2.
We understand that the subscription to one mil.
hon of the Michigan Southern and Northern Indi-
ana sinking fund mortgage at par. for the purpose
of retiring at once the overdue first mortgages OF
the company, viii close tomorrow, the necessary
amount being nearly or quite secured.