The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-08-08
FINANCIAL AND CONNER c,Al.


FRIDAY, August 7-sPn.
me ssock market very irregular opening this
o owning While snms railroad stocks improved, others
cechnod There active business In the speculative
class Of securities but the trans sctos Almost
urely 90 tine AZ FIRST board New York Central Rail-
ro-d advanced per cent, Erie, y; Reading, y; xchl
rap southern dsferrd, 2; Gsens and Chicago, y; la
ura~e and Mil~suhie, 1; Cleveland aud Pfshoure, y
Cleveland and Toledo declined per cent; Chicago and
Rsck Island, y; Psnams, Is; Mvaukis and M,rssippi,
rhe upward movement 10 La Crosse and Mll~aakle has
brought In good many strong buyers nom the Fast Tue
short 10 The stock ~i ~i.hou, doubt, contest
every inch Of the ground any nauen
cuialed 10 depeas prices The M~sukie aud Mississippi
fsroad Company the active op ,onens OF the Ia
Crosse road and is but natural thai they should be-
Eyery mile aided the IA Croee rad nall IN the
GA ~ the suwsuhe and Misssipp c,mpsny. The oon
s,sr for Minnesota sad Upper Mississippi business the
ocsnon q In Croso IN that c,mpleted
The N~ssipd bs q oomplets monopoly OF that trade
,mpIe'ed 10 within forty any miles Of the
rivw must command The winter and carly spring busi
secs Of hat en,i 70 Territory Tue salvation Of the M~su
e and xsss ppi Railroad depends upon defeating tho La
ort.se Company. The longer they delay the completion
n thai line the longer the trade bc carried by the
gay Of Prairie do Chem rhe Ia Crosse road completed 10
Ia crosse must take the .hole travel aud waio OF that
rvvop There appears be movement among The bsars
% Cleveland and Toledo here we're large short sa,es
to-day one per cent lower han tboe Of yesterday Ene
apoearr N be gradually lworkng up u opened this
morning Al asx and closed 81 94x per cent Michigan
southern continues i1 spssmodic movemeoss II seems
N IN by jcrts-up day two per cent ~ doun The
ues, q. per cent Il 6ckcrs and brisntens up good
ie~I Ike candle lost before going ou altogether. fae
bear. arc putting out .hor conrNcs Tine buyers 90
ton rhey t be,er prices In this vay, and the pr,bs
sinty Of the buyers calling very poor, for they have
10 hand poe lost about mech they ccnvenieuty
carry Michigan Southern preferred guaranteed opened
and co.ed heavy ., 20 per ces, New York Central
reelected day Meaukie and MIssssippi ~ss put oct
'op morning at 40, sellers 90 days Somebody s report
Cd having sold large lot yesterday sosrno,n al 50 per
sens, cash. Il probably bogus, bui actual the sell
ers made q gnod operation
At the seoond board The msrtet active, and 10 %
vefs instances better prices were rcaIs d. la Crosse
and Mrsns,s Land Grant bonds sold at sax per ccu,
rhch s AZ sdvsoce Of s per the previous sale
New York Central improved y per cent; Michigan
utherp, old, u Miwsusls and Mississippi, 3; ~ Crosse
ard Milwaukee, n Cleveland and Toledo fell OF 4 per
osr,: Ere, y; Reading, y
At late hour this afternoon ve received Information
rom q tiled 10 the la pcIi cosa euce tina,
tew or 81 over'ssue Of stock had been made By the
gchiein southern Railroad Conpsuy to the extent OF
esvcu thousand dve hundred shares. Of this eleven
tbcosaud shares are old deferred and ave
hundred the preferred TIE par vslus q these
..ues 10 o. $50 Geo oher s,.suenv have cons o our
sno~lsose In connection with this Affair." ~nics se %
ysr,pns ms, we fOrben mentioning snem 81 this mo