New-York daily tribune., 1858-08-25
SAIEs Al tuaTInN
TUESDAY, Aug. PAP. y

TUESDAY, Aug. 2-P. NJ.
According 10 general expectation, based upon the
dull appearance Of the market yesterday afternoon,
stocks opered rather heavy THE morning, aud the
early sales were generally at decline, but as the
business of the Board progressed the feeling seemed to
change, aud the leading stocks assumed stronger and
a decidedly improving tone. The most dstermined
bear movements were against Rock Island Toledo and
Michigan Southern, but in each stock the sellers were
caned out OF stock and in closing Transactions prices
had nearly quite recovered from the depression first
established NeS-YoIk Central and Erie advanced
kom the stsrt, with but moderate business and were
in brisk demand on the last ca. Reports Of
favorable progress in the adjustment Of the
quarrel between toe two corporations had a
good effect upon the market, although bu. little
was known in the street as to the actual state of the
question There is now but little, if any doub. OF a
speedy settlement Of the dificulties-the important
points having already been agreed upon by the repre-
sentstyes Of the two Boards. The effect of this ad-
jus,ment must be favorable upon the whole railway
list, the adverse influences Of the competition having
heen felt on al of the prominent lines from East to
West At the Second Board the market wss quite
active and buoyant, with q fair Improvement in ms
jorty Of the leading stocks. The most decided i'm
proyement was IN Michigan Southern which ran I'D ID
2i, though fraction lower in closing sales The
advaLce s no doubt attributable TO the
satisfactory statement OF earnings for the month
of July. New-Nork Central went up Z,
7Sl but wss a shade lower aferward. There was an
improvement of about 2 cent also, 10 slena Rock
leland ard Reading, the better feeling spreading SYM
psthetcslly through the hs Illinois Central wss in
demaId at - during the day. Telssraphic account,
from the President state that the road getting con-
siderable roresse its business The bond movement
ior the day hiss not been important but price. se gen.
Jrally well maintained. We rotce sses OF the Mime.
sots Sta;e s 3 cents at 1909 in the afternoon. Tbs
smell amount Of this oan sn1 the high rare Of ictsres
nske i quite fsyorte security II The mHket Ate
the Board theIe was ght concassion from the hyb
est poists resched during the session but up,n the
whole ,he market WAS steady. The Closing p.iess
we1e, lsr Nes-YoIk Celtrsl 7s. to 7sl; E-is, l7l9
J. Et@1lg, 49, IS; Michigan Southern, 81 a 81.
hutson RIVER, - 2Si; RocA Isl.nd, 72IG7gi: O..
lens, 81 - Michigan Central, 57 80 z; Ml~snkaa
and Mississippi IL l6. Illinois Central. -: P.ci6
Mai, sass; Toledo, 81 81; Missouri 6s, 81 osu
sc.
The epsssent foreign m.l has bs,r Only ,isrs.a
one and al the eoie TIE msrke, for Sterling lost tbs
Improvement which was ro;icsd on Monday. To,
hy mess has been done q; 9. o9i y eso,. but ara
ocst 'srk signatures were dul a; 9, 2 cent.
ffeynts a.A inactive and rates rornirai It, Iiva-.
poo'' .N bales Cotton a. 5-32i; 20 tuus Oh Caka
.~. 10 i'ondoO, vessel with Heavy Go,ds a. On,
4g e's'g0", 500 ht!s. ROsir, CO deck, ais. O.: o0