New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-02
THURSDAY, September Up. u.

20 u.,sn R,r.i..... u. ?. o.ic B1-.n Q'y ar 8.
THURSDAY. September l-P. u.
Mov-Hents q. the Stock Exchange today were
yisoro~ and .ctive sn1 10 the Ws-t-rr shares ePe-
caIly :hers a rspi: recJveTy nom the d-cine o.
yes..rsay afternoon. Tbere was md @dIY some
but;-r 20 replace stock which wa lot by the d.
fsut of yesterday but the rally : 10 great degree
OWING 20 the resh support 81 The strong cqs- 70 tue
-eet BY the operations o which the market hss re-
--ived large share ii irs upward movement Tor
ZONE weeks past - lcng ri-iny market eaa o.
maintained. outsider. naturally buyer, ani the
scientific point Of the leaders IN the present. specuc
ton seems 70 b., 10 prevent, II possible any rec'u IN
prices sufficient 20 alarm those who ere grhidalyirsFh
into the market as purchasers. The uarssc;lons IN
Nes-Yoik Central we're much smaller than Tor severa
DAYS pas. but the demand was BRISK. and the qioia-
tions sdya, eed 10 70 On tie CALL G1lens ADD R'cA
ISLAND were both very strong, and adysrced ra2iniy
the former closing 81 and the lster q; o9.' gam
Of ii 20 = cctt each, from opening Guo;stiona
Michigan Central also 10 better demand, AMI run
ITO 81 before the cell closed Southern Garenteed
wa asO IN ec,iye reque-t selling up % ~ on the cali
Al clos irg s, the price bid. Toledo Hudson RIVER
ard Harlem Preferred were eac1 higher,
but no. very prominent in the usnsactions
Of the day. There was more actyity IA
Illinois Central, ani advance OF ! e cent over
sales at the Second Board of yesterday. Reading
was about the only stock Oh the hst when could De
called heavy ard for this stock the Quotations were
slightly lower than the lowest points established yes-
.erday. Pacific Mail went up 20 81, and III the
sft.rp ION sod as high a. s6l an advance OF per
cert du irg the day. The movement in tnis stock Is
very strong, and i. supported too, by the short
a,sl .ha s.iia loyg ess
now being forced into market to supply stock for
maturing contracts. We tuet The Times will not
take except on to this The Baltic, the pi,neer
steamship Of the hne, is advertised to sail for
AspinwaI October 5. There fair inquiry
for s ate stocks during the day, wIthou. much
activity Missours sold al s}l in the mo ming, but in
the afternoon were up to ST. Nrgnias and Tennessces
we're aso fraction higher Government Is Of IL
advanced 10 1921 At the Second Board the market
was little regua' some stocks scarcely maintain
ING the price Of the morning while Others were lit
{ better The market closed stesiy after the Board
at slight concession in prices. The latest quota
tiops were: For TenDeese rs sSdSsi; Virginia t',
1854; Missouri Is, 81; 81; Canton Company Ia
aISl; Cumberland Coal Company, IL. a ID; Pacific
Mail. So So. New-York Central Railroad, 10! G76s;
Erie Railroad, A a a; Hudson River Railroad, 35l
35l; Harlem Railroad lnl IOl; Harlem Railroad Pre-
ferred. 81 as; Reading Railroad, Il NJ; Mich
gan Central Railroad, A. di7i Michigan Southern
and Northern Indiana Railroad, Ii Michigan
Sou hern ard Northern Indiana G ar.Dt=ed 20 2oai
Panama Rsilroad, III III. Illinois Central R,lroat,
662 Gaena snd Chicago Railroad, az d1s;
Cleveland and Toledo Railroad, - d2Jl Chicago
ana Rock Island Railroad, 60 q CO.; illinois Central
is, s9ld
TIL. commercial editor Of TIE Times, very stupidity
es We think draws inference from a remark in IN
article of Wednesday in regard 70 the effect Of the
fsAure Of two bear operators, which mas not the
s htes, basis 20 rest upon. Upon the text thus OBJ
tanned he proceeds TO air bis vocabulary upon the
policy and history Of the bears WITH that viz
tuous Indignation which gives one the idea that our
neis hbor is psrsona y very much aSgTievei. The
simple truth IT, that referring 10 failures which settled
at one stroke large line of shot CONTRACTS rthom
Juyug, we expressed the opinion that the effect
woulo be to withdraw a stron. sustaining element OF
the market. And notwithstanding the elaborate
argument Of our nsighbor, the statement is strictly
and entirely correct On this point we thi1k there eau
be no difference of opinion, OF at least We happen to
know that large nber OF operators in the Board
ard street, not only entertain but express the same
opinion, sni our cotepporsIy himself must aiInl',
that rising market large line OF shorts
Only snstains prices but scceerates the advance
Nothing s common in speculation for the ilse,
thsn TO base calculations upon the number OF short
contracts outstanding, and half Of the ciqre move
ments in the street contemplate the forc!ns Of the
bears to purchase for delivery az the high prices
which may be established. No one knows this better
than Il commercial editor Of Tht Times, and il is
certainly strange, under the circumstances, that he
should travel back to operations which have 10 rela-
ton the remark in question: in order TO take us 70
tasa. II our cotemporary cannot get the idea we
intended 10 convey through that part Of lis heal
where the wool ought to grow, he would do well
to consult some of the brokers. who can possibly
plain the matter to his satisfaction. II is a little
curious that our ne shbor, who now moralizes rpon
the bear failures cid rot find something in the failure
OF the great bull operator OF the JaId sixty
days siOce TO preach homiJ upon.
The market Tor foreign Exchsoge is quiet and un.
cbsnged. Sterling is 100 llo.; Francs, III! aj.j.
Freights-r TO Liverpool, 600 bales Cotton at Biol
ASA. 30 bbs Lard per steamer, AZ 2js.; II tuns
oil Cake on private terms To London, 100 tuns oil
Cake al POS. A French snip, nov at Balm re, fr
China, Oh private terms. \ vessel from Jacksonville
10 Wmdwaid at el3 3 NJ feet of Llclber A vessel
of go ebls capacity to tie West Indies snt back,
for 500. a vessel % 20 uns 70 the north side Of
Cuba and back, for e., loo, port charges paid.
The business Of the Sub Treasury was: Recei pts,
l.6lS Si-for Customs, $l9s,coO Payment,
sIl7 ,lCs -. Balance, $i@9,27i %.
The business of the Clea..pg House today was
80 90 co., TIE interest On tae Eastern Penrsylva-
ria RAILROAD bonds is paid the office OF Mr.. George
W. Mclean No. a William str,et. The september
interest 90 the bonds OF tae Michigan Southern Com