New-York tribune., 1876-06-02

. scarcity for delivery, rev hunui0o Su"io a ",
0 s'%'.S cootral having been bought in because
St,;Inro 10 deliver, which rather hurt thah hepcu
OF li'i' tbe nrce Immediately dropping from
s'C N"a' % s2l,QS2l2. Delaware, Laekawanna ana
ev.',arn sold at 10G9 i0Gl2@ lO6. P"cihe MALL
.~s,inr at 27s took a lurch down to Zoi9'
i";ad 70 27lo. and closed at 2Js4. Some sen-ap-
....oo accountants have figured from the recent
p0'N of the Company that it Will require al the
roy g last wears earnings just i've years 10 pay
@ =. debt, and that at the expiration
Va ,bat time it will be poSsesSeu VI
=, ~ half worn cut steamers. NeStefh ou'o"
IA at 67G67l2067ls. The strength OF TINS Seo'H
sOu 60 he due TO the alleged certainty OF dlvi-
And Of 10 per cent in July it being reported 'na'
sha Fxeeative Committee at its meeting yesterday
uie 80 recommend the same to the directors next
- We have authority for saying that no aetloh
,sas taken Yesterday, whatever may he done ID the
t,ure If the opinion which seems to prt 'al qUh'e
o,,te,s;velv be correct. as il probably 3, 10 LUG
ST. that the Western Union Company Ia hol
N a condition which can justify DIVIDEND IL
- difficult TO see why the declaration VI
ono sbould strengthen the stock. Flnahciai hen
re with force that in view of the stu Iuf'hci 0oi
nsttiop which 1t must encounter as the A'i"Oio anu
Pacific extends its Ines, it should huSDaiu ''s io
sorrces and keep itself strong iof lIle hsh' i"'"o'
t,an divide its last dollar. or perhaps ooIoW p"'
ton of the money necessary to exc OUT 'uVue"u VI
~, nor cent. We hear that the business OF the AT
Iantie aud Pacific Company shows natierilg ul-
movement under the late reduction in rates. both III
the number of messages and the aggregate amonht
of money received for their Transmission. indeed
that the result of the lower rates has proved 50 salts
factory that still further reductions are contem-
Mated especially to aud from tie fashionable Sum
mer resorts like LOug Branch, Newport, Saratoga,
&c The rate to Saratoga Is, as we are informed 10
lie reduced from 30 cents to 20 cents and to Other
places in proportion Ohio and Mississippi and Enc
stocks were inclined to weakness during the whole
dav New-York Central was well taken care OF at
40 and no sellers. Options put out. In eX-
press stocks United States was stronger at
72le and Wells Fargo at S97s Both these stocks
have been gradually strengthening of late. The
latter Company is. we believe. the only one of its
kind wherein the stockholders are not personally
liable for the RISKS of the business and hence the
shares are in demand for investnegt. There is very
little of the stock on the street. the shares having
been largely taken for California account. During
the past six months the Company has been doing an
upprecedentedly large business, aud since jan
nary has earned handsome surplus above
the d per cent dividend for the current halfyeAr.
The general market closed weak and feveTish, with
declines from last night of d per cent each III st.
Paul Common, Ohio and Mississippi. Northwest
Common and Preferred. and Lake Shore Ss in + re,
o. in Michigan Central, and per cent each III Pa
ciic Mail and NJ j. Central. Petroleum, Rock Island,
and Western Union advanced each ls aud st. Paul
Preferred So per cent Other stocks closed the same
as on yesterday The following table shows the
RANGE OF THE MARKET.