New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-06-23
Mich. Central.
| 100. ex div. l0f
THURSDAY, June 22-P. N.

lOO...... 75i Illinois Central. IChleago a. H. !:
300..... 7ji 20O-.-..-..i22 IU0...- sio. 20
THuRspAY June 22-P. M
Gold orened at 1871, sold up TO l43!, and then
declined 10 l4lI. The extreme quotations OF the
day, li3Ialill. The closing price was 1879.
Governments were shade better on $50 Bonds.
The balance Of tho list was steady. There is but
little doing and tie Bonds are all firmly held.
Miscellaneous Shares were duh and steady; Cam
ton, 80; Atlantic Mail, i73. State and Railway
Bonds were duh, with small transactions.
Tho Railway share list opened firmly on the
street, and the attempt made 10 rally the mar
kc,, which partially succeeded in Cleveland Pitts
burghs, on rlmors that arrangements had been
made to paw the dividenda-the stock sold at 6si;
Hudson Ii0. At the Board, the market opened
dull, and the amount of business done Was very
small. with the exception OF Cleveland Pittsburghs
10 900 shares OF which stock changed hands on the
call. After the Board, in the street, prices DO
eli ned fraction and the market closed heavy. The
market shows but little strength, and tho leading
shares are almost entirely neglected. Tho feeling
obtains strength that several of the roads who
promise 70 make dividends during the present aud
ensuing month, will DO so in opposition 10 lost In
tercs.s Of the stockholders Common sense bust.
pess men are unable TO zee why road that has ex-
pended all its earnings, and created large floating
debt pay fos necessary equipment, should borrow
money sell stock 20 make dividend or make
scrip dividend, trusting that their business will
increase 10 as TO enable them 70 make good the
amounts 80 anticipated. This has been done to a
large extent and IS suicidal 10 tie interests Of the
Az ilty 4, in
insolvency or new crop of bonds 70 patch up the
inismanagemcIt. At the Second Board the market
was steady, land prices improved after the call.
New.York Central, s2j a93; Erie, 75.; Hudson,
1881; Michigan Southern, Ga GC3i; Rock Island,
9si; Fort Wayne, 95i.
Money continues abundant az 4 per cent Large
amounts 60 begging. Commercial paper IL very
scarce for good names, and cas- per cent is the
nominal quotation.
Foreign exchange continues extremely dull with
decided weakness Of rates, though without any
change in quotations. We quote Bankers ster-
lir,. co days, 1905 9ll0 SIG; rankers Sterling, 3
DAYS, 1891; Commercial, l09a 1904; Francs, long
date, 5.l2ia5lli; Francs, short date, 5.IOS5si.
The business Of tho Sub-Treasury was |
Receipts. $i,226,6ls ls-for Customs, $4,000; !
Payments, 1924, 364 06-on account Of Loan,
siss, 600; Balance, 81, 9o2, 1888 g..
Freights are firm. Tho engagements 10 Liver |
pool are 81, 900 BUSH Wheat at 3Ia3ld., and per
steamer 50 bales Cotton at ID. 600 boxes Cheese,
los. To London 80 tuns OIL Cake at Us Cd. To
Antwerp, so hhds. Tobacco at lis. Cd.
Mr.. Ii. II. Van Dyck has been appointed and
confirmed as SubTreasurcr at NewYork.
The latest reports from the South received by the
Government show that there is at least 1900, 900
bales Of cotton there; every effort will be made TO
brne it TO market Immediately, and thus relieve
the distress prevailing there.
The affairs of the Marposa Company, under the
management of the new board of trustees, seem TO
be assuming a much better shape for the stock
holders than they have been in for ZONE time be-
fore We learn from ono Of the officers of the
company that tho note OF $50 600 and interest, in
gold due under tho Garrison settlement "
June N, has been paid. The estate has been
leased 10 Mcssrs. Dodge Brothers Of San Fran
cisco and put into their possession 10 be worked
by them for tho purpose Of paying of the
" California indebtedness which. on the y tn OF
April amounted 10 about 81 ,OO0 beside the amount
due hands and workmon of about So, 900, making
a total Indebtedness Of about $ll3,0oo In gold,
which, by the economical working of Mcssrs. Dodge
Brothers will probably be materially reduced. The
next California steamer will probably bring the
annual report Of Mr.. Omstead; if so, it will be
printed in time for the annual meeting Of stock
holders which takes place July3, TO elect new trus-
tees. The transfer books Of the company close
Juno a. and will not be opened until after the cleo
ton. The required assent OF two-thirds Of the
stockholders is being obtained to enable tho Com
pany To Issue "proieEed stock"
The dry goods sales wero tolerably fair to-day.
Wimerding, Hoguet & Co. had a large offering of
linens, handkerchieis, silks and dross goods. The
which were Of superior quality,
sold very well, and were largely duplicated. The
prices showed something " IN advance from Pre-.