New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-08
"WEDNESDAY, Sept. 7-P. N.


usually well distributed and the speculative move
ments seemed TO receive lis impulse to considerable
extent from outside parties, who have been tempted
into the market by its activity and upward progress
The strong cliques under whose influence the move
ments have been greatly accelerated, sl constitutes
the reserved strength of the market but the specua
ton has attsined much hesdway that has Of late
required less assistance than before. large portion
of the purchases on outside account tiIne but
Their effect s almost important temporarily, as the
purchases Of cash stock. The sustaining capacity of
She market, under steady and scarcely interrupted
rise for more than three weeks has caused grest
deal Of surprise in the street. But few probably,
out Of the entire number Of brokers at the
Stock Exchange, had anticipated an advance
so steady and rapid, and although the
present pect Of the market does not encourage such
an idea, it is still looked for as an inevitable
quence Of the heavy purchases which have been
made on mere speculation, and which have yet to fad
IN outlet to realize profits to the buyers. The most
important dealings of the day were usual in New
York Central which from rs the opening quotation,
run up to 79I and very firm at the FIRST Board.
The earnings of August, although not officially pro-
mulgate| are stated to show a large advance over
those Of the corresponding month OF loJS ranging
fom 900 10 $9O, GOO. There was greater ACTIVITY
in Reading, and moderate advance in prices during
the day. the stock closing steady at Az IL is under
stood that the Philadelphia interest Is nov for the
rse in the face of diminished earnings, the business
OF three days Of the current week amounting to Only
about il goo tuns. The Western shares were all very
firm. and for Toleco, GseIa, and Rock Island,
the demand was very sctive. The business was not
large however in either stock, mainly on accoun. of
the reuc ancs Of holders to part with stock on buoy
- srdt ls nj Of
msso b .kers to fill orierr. Galena touched -. on
the cell, Rock Island went to 7Oa, aud between the
Boards 20 a. although little lover in the afternoon.
Toledo advanced 10 q but did not hold the quota
zion through the day. Illinois Central advanced to
6SI and was very strong during the day. In South
erp Guaranteed the movements were not active, but
the quotations were very we'll sustained, taking into
view the cessation Of the operations which caused
scarcity of cash stock. II is but just to the patties
between whom some difficulties occurred in reference
TO this stock to cay that mutual explanations have
been msde to the satisfaction of all concerned;
the trouble having originated in missp-
prehension Of the matter by one OF the
parties. The trade in State stocks was TO fair
extent and prices were very firm. At the Second
Board there were further advances in New-fork Cen
trail, Gslena, and Rock leland, and the market was
strong and well sustained a. the close. Pacific Mail
declined to S2l, but afterward fraction better.
The decline is caused probably by that Com
modore Vanderbilt contomplstes the transfer Of his
steamers to the Nicaragua route having secured the
control Of Johnson mail contra act. The closing prices
were For Virginia Ga, 954a9jl; Missouri Is, Sl a
S5,; Canton Company, iS9lSl; Cumberland Coal
CompsOy, Ia, Iii; Pacific Mail, 1871 as3,; New
York Central Railroad, 20. a79,; Erie Railroad, a
A.; Hudson River Railroad, &lQ3l Harlem Rsii-
road, l0l alO2; Harlem Railroad Preferred, 49, Read
ing Railroad, 4ii ai5; Michigan Central Railroad,
FaiS Michigan Southern and Northern Indians
Railroad, 6la7; Michigan Southern ard Northern
Indiana Guaranteed, 25i e252; Panama REilrosd lis
Gls; Illinois Central Rsilroad, 6si al 60; Gaena and
Chicago Ralrosd 74971s Cleveland and Toledo
Railroad, 26la2 Chicago and Rock Island Rail
1oad 7ol s7Ol; Illinois Central Is, s72dsS.
The busIess in Exchange is very moderate, and
rates before quoted.
Freights to Liverpool, 500 bales Cotton at BIG
a7.32d 500 boxes Cheese per steamer at 32s. 3D.;
100 tee. Beef at "a. To Bremen, 100 boxes Extracts
SEQ bales Cotton, and 100 hhds. Tobacco on private
terms
The business of tie Sub-Tressury was: Receipts
$lS5 leo 20 for customs $50 600; Payments, 49,
76i 50 balance, $780, ,3Cl IS. The Sab-Treas-
urer fipGs moderate demand for Treasury notes ct
), per cent interest.
The earnings Of the Michigan Central Railroad for
the month Of August were:
Pss@nters soNS = So, 81
sr'ish'.'. 30 e: 5ees "a
Total sl5OS56 20 si7s o6o s.!
Decrease. s3.esi e.
The loss almost entirely 10 the first part OF the
month, the decline in the last ten days being only
$500.
Tie earnings of the Milwaukee ard Mississippi Rail
road tor the month Of August, a. compared with ast
year, as follows:
FREIGHT .......... Az SIl n &536si IS
Psss,re, n, ...-'' ~ 80 81 &6'7 81
MAh ,........,.............. 1855 AZ lS77 81
TstA...................... Sfs,eSo @ eeol'I w
The sdvices from the West generally are favorable
for railroad traffic in September. Tho receiPs OF
grain and flour at Chicago large and consequent
y the traffic Of the roads leading into that city show
IN increase. The Illinois Central delivered, on Mon
day, l.3 cars of produce and merchandise, which is
the largest day for many months.
The tupnage Of the Shsmokin Valley and Potts
vile Railroad has been:
Turaso for week ending Sep s. ..slz7n loisloo
ss2s uras LAT 6,SLLo
Ipcseese. ste. s5~s~