New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-07-09
WEDNESDAY, July 8-P. N,


The Stock market was depressed this morning in
the street. and was hammered with energy by the
bears. At the morning session, however, there was
better feeling and general recovery IN Shares Of
1a2 Y cent, but quotations were still below those
Of yesterday. The bears appeared to have the i'm
preston that the successes at Gettysburg aud the
capture Of Vicksburg should have depressing effect
upon the Share market, and sold freely, some bulls
following their lead. There was considerable ex
element during the session, and the commission
houses appeared to have fair amount Of orders to
buy but no; sufficient 10 prevent general decline.
Pacific Mail was among the strongest stocks, selling
ct 1914 0lSli, about the price of yesterday. Hud-
son River attracted a good deal OF attention,
and after selling at III fell off to l6S, with the usual
wide differences for sellers option, which are
about / Y cent Y day. The scarcity Of cash stock
still continues, and deliveries are made with great
difficulty. The net earnings of this Company for
eight months ending 3lSt May exceed 81 1000
after the payment of interest," which is % y cent
on the capital stock. Estimating the increase OF
the remaining four months at 100000 June is
already kDowD-$50, 0O0), and tie net earnings will
exceed 81 400 900, or 81 v cent. The working
expenses have been decreased this year fr ON
"a to 46 y cent These earnings, if they are
any precedent for the future, more than justify the
pteient market quotation. In the Western shares
che tendency generally was downward. Govern
Inens were quiet at about previous quotations. AT
The Second Board the market was not active, and
quotations were irregular, but Is a whole rather
frner. Hudson recovered to 49, which is v cent
above the lowest point Of the day. Michigan
Southern, New-YoEk Central and Harlem were
better, but Illinois Central was lower. Gov.
srnments were dull at morning rates At the
<-o'cock call the transactions not large, but
The tone was strong, and in the quotations
were higher. The latest figures were:
II. g. Ga, 81, Coup, los Sl05i; American Gold,
1901 1904; Tennessee State Go, 63s6i; Missouri
State e., 7Oia7l; Cumberland Coal, 20i ALL
Pacific Mail Steamship Company, lS2alS2i; New
York Central Railroad lI6i 0ll7i Erie Railway.
s2;a93; Erie Railway, Preferred. lOl1olOli
Hudson River Railroad, H5eH6i Harlem
Railroad, 96i o7; Harlem Preferred, 81;
Reading Railroad, lO2aolO3; Michigan Cen.
kal Railroad, IO8alOSi Michigan Southern
and Northern Indiana Railroad, III 07ii Michigan
Boutbsrn and Northern Indiana Railroad, Guarsn-
ICED, il4oIl4i; Illinois Contra Railroad, los q
1861; Cleveland and Pittsburgh Railroad SASSY;
Galeua and Chicago Railroad, sV1@9V1i NeFe'anu
and Toledo Railroad, lO7 a i08; Chicago and Rock
Island Railroad, s3o93; Milwaukee and Prairie
Du Cher, 5lis52; Pittsburgh, Fort Wayne and
Chicago, 65 as; Alton and Ters Haute, 4O5 al 4;
Chicago and Alton, 64064.
Frights are very dull, and rates are rather easier.
TO Liverpool, the engagements are $4,000 bush'
Corn at good, in bulk aud bags, mostly at the
latter rate, 10000 d. do, in bags to fill up for neu
trsI vessel, o, I'd; $4,000 bush. Wheat at 3D., in
bags ? American flag, and $1,000 do. do. y Great
Eastern. 81 ID. To London, $500 bush. Corn, IN
bags q, I'D. To Glasgow, 50 tics. Lard, v neutral
s.s. q. $50. The charters are foreign bark, with
% 600 bush. Grain, TO Cork and market, ct 70. 3d.
Tbs business of the Sub-Tressury was; Receipts,
% ass us 30-for Cu.toIn. House, $l5oOOO; Pay
msut.. t2.za ,22s 4s; Balance. "a, tot. Ss2 "a
The late victorious news from the Army OF the
Potomac and from the West has increased the con
6dence Of capitalists, 30 that some who were 10"
sav, sgo refusing 70 lend on Western Railroad
.hs,es are now free lenders ou the stocks oil Severa
AZ the best managed roads. The money market