New-York daily tribune., 1858-08-02
SATURDAY, July 3l-p. II.


| SATURDAY July 3l-p. II.
The only move nert Ct any magnitude in specn.-
tive way this morning was in Reading, which, uuier
the esd Of the parties who have given the st
its moving impulses lately advanced TO JOl with ssss
of about 800 shares II is evident that the Tsf
ket was purposely checked on Thursday and Ffd.y
with the design Of drawing out larger liae Of short
stock, ard the use was tolerably successful Reading
s difficult stock TO corner, however, il hs. is the
object of tie operators and figures s1vsocs there
must he very warm contest between buls snd bears.
The speculative feeling a. the Bosrd seemed b concsn-
rste ia this stock 10 the exclusion Of nearly everything
else although for most Of the prominent shares prices
were sacon higher than The close Of yesterday. Toe
| advances were partially lott afer the adournmsnt,
but during the session the market manifested f.r de-
| gree Of frrnness and Strength. New York Central
opened at Ssh but fell off the last call and in the
afternoon was down as loE as Sif, scsouut of
nor which was circulated to the efsc. thst the dyi
dend would be less than I q cent, and that pnaea III
Albany were selling out IN consequence These re-
pcrts have been often gwen out ard have generally
slight foundation, that it is somewhat astonishing
they should have any uence. The dividend question:
We have doubt is yet undecided, and these rnnors
are probably manufactured to order, as bs)re. Mich
gen Central went up TO G2 but not sustsined and
|
Rock Island tie transactions were uninpotsnt, a,d
the quotatons were Lot materially different from tn ose
ruling at yesterday Second Bosrd. Pacific Mail de-
| cned TO Sol and was aferward offered down to So
This is attributed partly 70 the threatened competition
| from the Cunsrd Line from Panama 20 New-Caledonil,
and partly from the anticipated reopenng OF the Mics
regina Line. We suspect, however, that the realizing
sales Of parties who were large buyers ST los prices
hss had about as much effect upon the market as any
thing. The Nicaragua prospect did not seem to be sny
| check upon Panama, which would suffer quite
as much in a competition, the stock rising to ll2s
| tie morning snd c,oaing at the price
| bid The trade in bonds about the sverage of
daily transactions. Ssate Securities very steady
a. full prices. In Railway Bonds the largest dealings
were in La Crosse Land Grants, which from ,. went
| up TO 242. The Chicago, ST. Paul and Fond du Lac
| Land Grants sre becoming more active, with sales az
| III 10 III. The cars advetsed to run through
from Fond du Lac TO Oshkosh to day, aud will there
| connect with line OF steamers on Lake Winnebago.
| There was no session OF the Second Board bu, an
il formal gathering of the brokers wss held In the
Beard room, usual. The transactions were uoi11-
poIsnt srd the market closed dull The closing prices
were for New-YoIk Central, Sii ass; Erie, lSl lS5
Hudson River, 2S! a 2St Harlem III all! Canton,
| 90i a20l Reading, 30 ajOl Michigan Central e.
| %! Michigan Southern, 23l d2i; Panama, ll2l a
! ll?3; Galens, SlQs72 Ro,k Island, "a ali!
Poledo, 375 a 3s, &c.
Tie market for Foreign Bills is very quiet, and not
very finn. The supply Of good commercial signatures
continues limited. The mail by the stea ner to-day
was light one. Sterling IS 9a9! q cent; Francs
| J.l33 G5lli.
Freishts are dull. To Liverpool, 5000 bbls Flour
st ls. 81. ale. %. To London, zoo bbs Roain al
2s. "a. To Antwerp $50 bsles Compressed Cotton &:
| lc. TIE bark Ocean Esgle sod to III, Pacific Mal
Company, for the California trade, for sll ,5OO A
brig for Glasgow, on private terns
TIE business Of the Sub b-Tressury was: Receipts.
s2s6 2l1 $685. ,4o3 Sc from Cas,omsi Payments,
Sss2 2ll 2s; Balance, $5,l4730 70.
Tie week closes with no new festure in the money
msrktt. Ii anything, the supply Of cspi.s Offering
for employ ia larger, while there is inerssse 10
the demand. l. is not unlikely tAat the preparations
for the bids for the Government losn have some
Influence in producing te present qaie. IN the market
TIE supply Of rscsss pspe. in the discount houses is
much below tie wants OF investors at cent and o.
course urde, this state of things, the oferogs a. birk
sxreu ely limited. Ia case large bmk on is
discount day hsi not single note offered, and in su.
cther case the ofisrrg fer only 81 eco. Bank OF
fcers ere RON forced to sex ior paper instead o: h,y.
ing 6ro1gh, to them "a sc:- s1 1 psr'Ois There are
few orro symptoms yet 0; tha, Tev'al OF tisde wi'o
va, 70 come as the Fall advanced, 'nd wss 10 iu1isa
employment for cur surplus esptsl CAL ioans are
essy reso..ed on current securities, and money is
pressed On the prominent stock houses At Sei cent.
Ire Ewopesn sivice, by the recent steamers s-e
lot favorable regard TO bds for the nes Government
Iosn 20 be awarded neat Mondsy week, although this
tone msy have been adopted IS rase TO rstuce tie
premium bid here, snd give EUropea1 capitalists an
opportunity to &C. il q; ow rate. Tbs vie~ ia con.
frned by The ;sci ,hst some patss Ters engaged il
bearing IN the Io1don maIket, oderug It IN advance
Of its issue st sS Sill the foreign houses here ,e little
vet from their correspondents TO encourage the idea
that srse bids viii be made from the other side a. raes
Of premium which VII be accepted. Tue Secretary a.
in the case OF Treasury notes bids has decided tha, lie
will 10, consider bids put in for the whole or rone
Tire deposit to be made s. the tins Of making the bds
isl = cert. ard no, the whole smount OF the pre- num-
IS bss teer supposed BY come parties.
Msssrs. Clsik, Dodge & Co. viii psy me LET Of
August coupcrs of the cities o. Daverpor; ani Bur
| Ere.or.
Met,r Ch,s Gr'bsn, Z. whi:ehopse ard c. K