New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-10

There wac moderate reaction in the Stock market
this morning. and prices for majority Of the leading
speculative shares fell of about per cent from clos
ing prices OF yesterday. On the second call however,
just at the close Of the session, the market rallied
little by the bidding Of Of the largest operators
for tire rise and prices became somewha. frmer i'm
mediatey afteIward. Between the sessions the trans
actions not large but at the Second Board the
operations were again animated for the bull ac
count and prices rallied considerably; recovering
about one half OF the decline OF the morning. Later in
the day, and after the adjournment of the Board,
prices fen of again, the market finally closing dull
but steady at the quotations. 1t is evident that
within few days there has been q great
deal of change in the position Of some OF
the most Influential operators, who have not only
realized ON early purchases, but are nov disposed
to take moderate interest in the other direction.
Under such circumstances and at the high points now
ruling the market begins to drag, and is probable
that in working for further rse the operating parties
will be obliged to contend with much more powerful
opposition. The market has been sustained thus lar
remarkably WELL but the impression gains ground that
the improving condition of railways s scarcely i'm
portant enough Just to Justify rapid advance.
The fact, too that the outside buying has been 30
largely on tme for mere speculative turn, and that
but very limited number of shares have been taken
for investment, is held to be against the market
The supply Of stock in the street held by brok.
ers and spectators, is probably larger than it
has been for several months. The first sales of
New-York Central were at 7S., and at the close the
stock touched 7si, but was quite firm at the quote
tion. The sales at the First Board $50 shares.
The August business shows an increase Of about
$64 eco, which is rather less than anticipated.
III aiding was steady at ASS: but wss not especially
active. The Western shares fell Off with scarcely
exception, but rmer With the rest Of the mar
ket in the afternoon. The largest dealings in
Gaera, Rock Island, and Michigan Central, the latter
falling to 46i. The most decided break was in ILL
nois Central, which fell off to ca, affected, undoubt
edy, by the lower quotations received from
England by the Europa. Southern Guaranteed sold
down to 2il, and short time to II, but
the dealings uhimportant, and the stock for the
time has lost its speculative attraction. The trade
in State Stocks moderate, and prices, uTSn the
whole were fraction lower. The largest business
was in M.ssours, which fell off to Si2. In Railway
Bonds the transactions were well distributed but not
large in any single security. AT the Second Board,
the most important operations were in New-YoIk
Central and Galena both AZ an advance over morning
prices Illinois Central advanced to 6S The closing
prices were For Missouri 6s S4iaSii; Canton |
Company lsalSl; ca beIland Coal Company, Pre- |
ferrsd, l4I Is; New.York Central Railroad, 79i
79l; Erie Railroad, a as; Hudson River Railroad |
36s dS7; Harlem Railroad, l0l dlO;; Harlem Rail. |
road Preferred, 37i a37l; Reading Railroad, 45i q |
45i; Michigan Central Railroad, 46s a.; Michigan
Southern and Northern Indiana Railroad, 6a6i; |
Michigan Southern and Northern Indiana, Preferred,
2ii aga; Panama Railroad, llSdlls,; Illinois Cen
trail Railroad, 6S 6Si; Galena and Chicago Railroad
'3s G13ii Cleveland and Toledo Railroad, % 26I;
Chicago and Rock Island Railroad, 6eI a69;; Lii.
nos Central Bonds 81 a ST. Pacific Nail, 81 sSi,.
The business in Foreign Exchange Is not importan.
for Saturdays steamers and rates are without essen
tial change. For sterling bankers bills are quoted at
llOd ll0t. Commercial signatures 1898 dllO
Freights to Liverpool, 400 bales Cotton at 7-32i;
$50 bbls Resin at Is 90; % tuns Oil at DIS Cd; 30
boxes Cheese, per steamer, at 37s. I'd. To London,
300 tups OIL Cake at 70 rs. A ship of 500 tuns to
Aspinwall with Coal at s.. A vessel from So. Island
10 Boston at l0c An Italian vessel TO Civiti Veccha
with Tobacco, on private terms.
The business of the Sub-Treasury was: Receipts
l97 ,99l 47-for Customs SIS, 900; Payments, 81.
Il9 -; Balance, 1884 ll &c.
The following is statement of the earnings of the
IewYork Central Railroad, for the month Of August,
$50, compared with lis earnings for the correspond
ng month of the previous year:
Years Earuinu
.......'................seSl5I VI
io~~'''.''.'s sS'f 10
Increase. $S4o2 81
The receipts Of the Nev-York and Harlem Railroad
'ompapy for August were as follows:
Receipts for August lSss...............slo lis %
Norip"iof Angus, lScS................... S.S5 81
o. q. n
The earrings of the Cincinnati, Hamil on and Day
a.lrnaA ~ 4 {. n Il