New-York daily tribune., 1858-08-04
TUESDAY, August 3-p. y


The Sock m6Ihe. WAS falling one today, but
had greater activity al the reduced quotations. snd
became slightly firmer in closiug transactions. The
great speculative movement Of the Day continues to be
n Reading, which opened quite stiorg at 5ll but
csme out freely at the quotation, and at the second ca
was sold down to 90. The contest is quite amin ,.ed
and tie tactics o. the leaders 10 the speculation are
curious and complicated. Rock Island was hammered
smarty on sellers options, but at 76 the stock was
taken freely, and the market stiffeped considerably
sf'eTwsrd, the cash price advancing again 70 76l on
the ttcord call. Michigan S1utheIn declined to 23!,
with larger sales than of late 10 daily ops.a
lions, but there WAS an evl1eLt change IN the
tone of the market a. this point, ani the
stock was funer for the remainder OF the day.
The ssles Of Panama larger thsn usual, ami the
shares were in good demand, bu, some of the buyers
ST low prices evidently realizing aGd qlotations
dropped of fraction in closing sses. Pacific Mail
went down to s., but in request al the quotation,
ard a; the Second Board WAS " to S2 sgsiu. Parties
who bought a, lower piices have been realizing, and
the great doubt II regard to the extra dividend has in
duced some sales In New.Yolk Central the deal ,gs
were very small hut tie stock was firm al slI. Erie
also attracted but slight attention. We understand
that The heigk business Of tie Ece does not suffer in
the competition goiI on. The road mss made
connection with Clev,lsnd by the Lske and daily
lire will be started within few days. AT the Second
Bcsid tie market was stronger upon general &c .le
without marked sctvty. Most of the leading stocks
fraction higher than IN tie morning Tle trade
in State Securities durrg the day under the usus
average in smoun', but quotations ware quite firm.
IL Railway Bonds, slso. the Transactions were snsn
Illinois Csntrs's advanced ! per cent. Foad "a Lac
Lsrd Grants slso improved per cent. Tas compile
ti0n Of this road 10 Oshkosh is an item Of great i'm.
pCrsIce 20 these bends, complying, as il does with
al the requirements OF the law and giving to the bonds
poitive vslue as first mortgage on the section Of
road recently completed ard upo tie Isl 900 acres of
land which are thus secured. Tae bonds $50 possess
coniirgert interest the entire engh Of road son.h
Of Ford iu Lsc to Chicago, ss second mortgage
Tie entire work has thus far cot s0ou; nike Millions
OF dolsrs ard the First Mortgage ard Lsnd G.sn s-e
s. uOCC0. TIE ne. esrnings for this yesr, IS nearly
SIS csr be estms,ed by tie business thls fr viii e1
esed s25O,O0o which is considerably io excess OF
The f;st moitgsg= interest. l., c osse Lsni G-sn:s
sod s. rm pa % - turg the isy. 1ns report oethe
Committee Of the Brokers Board sill be fouCd below
Tht.e e 4 fsr oustids business doing in Cty Bonds
sid s gradual sbsopion Tor invessnstt Is goiOg on
Chicsgo 6s lwyer loat s.. Louis Is snd Louisville
6s water Loan the most prcuiostt 10 daily trars
sclicrs TIE closing prices were: For EGe, lSeISl;
Residing, 5f} c5ol; New-lork Central, 81 81;
Michigan southern, 93i q 93l Toledo, 36i oS7; Rsck
Isard, 7ti ia7t. Hudson Rivef, 9Sl GLena s.;
Missouri Is, So So; Milwaukee ard Nrss;ss;p,i
i5i; Parsms, llil q ll5i Pacific Nal, So Sc
Tie Gtmsrd for fcre'go Exchange WAS very light for
the steamer tomorrow uPto - ooock tc-isy. and the
msket, although well sustained, was yery inactive.
A tha. time demaud sprnrg up srd fair an1gnt Of
busress dore at fell prices including one ON IF
ss0CC0 2, O. = csrt :sken f. remittance on sc,,uo;
oi Pep.sy sylvauia sac Coupons. Tas l.-ss of s3oi
s,siirg wss q a . vita sSne drAsers s.kne 10 .
cant ras lpA Of 80 ts.ices. s.s do.s = sGs 81