New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-08-09
MINING BoARp
WEDNESDAY, Aug. S-P. N.


With again very great activity and an almost unpre-
cedented aggregate Of transactions at the Stock Board
there was little hesitancy in prices at the opening
Several parties came in TO realize profits the rapid
advance Of the last few days and there was more dig
position shown in some quarters to begin to put out
short nes The stocks offered for ale were, however,
taken very freely and being wanted, the market
harder ed toward the close Of the session. The orders
for time purchases large and difficult TO execute
in euch an excited market. Central opened at 81 bat
sold at the close at S62 There was recov-
cry in Pacific Mail Steamship Co. to 70,
without important purchases. 1t is yet mystery by
which route across the Continent the new line will he
opened. The parties interested will give no informa.
ton The general impression in the street, however,
is that the Tehuantepec Itbmus has been selected.
Panama is dull, and sold at 1921! Hudson RivS,
under considerable sales, fell off TO IS. The August
business thus far lie quite up TO the average OF the
previous month. Harlem was in demand, and the old
shares appear to have caught the infection of activity
which marked the rest Of the market The
July earnings show large increase Erie
improved to 26i, having opened at 20 The
Western shares were in large demand, and
the market reacted in some cases from the advance
Of yesterday. Michigan Central fell off to 65l, Rock
Island TO 82 g.; but at the close the market became
finn again for all descriptions Tbs tone OF the mar
ket changed suddenly at the Second Board, and the
market again be same scene OF excitement, which
continued after the cose of the session. almost every
sale being at an advance the preceding The sales
were unusually large. Michigan Southern old was
very buoy ant line Of 1000 shares being taken at
20. The stock afterward sold in the street at DO
against 194 yesterday. Galena ran up TO 794, and
Rock Island So Toledo was among the most buoyant
stock closing at Az bid, against 452 at the morning
Board. The improvement is based on the Increased
traffic of the road and the understanding that the
floating debt has will be arranged go that the net
earnings can be applied TO dividend. Illinois Central
went rapidly to 50 bid with free predictions OF 80 this
month. A bear sale Of 0O0 Erie was made at 26l,
seller sixty but the market closed at IA bid In the
Bond market prices were strong with large amount
of trapsac1iops The MIST active bond was Mich.
Southern DDS, Ct which $50 900 cold, the market
advancing to 70i bid The purchases were by parties
well informed in regard to the negotiations going on
with the Company. State stocks were trmer, but not
active. At the close the whole market had an ad-
vancing tendency. The closing quotations were:
United States Sc, 1874 1922 Tennessee State Is, s9s
90; Virginia 6s, e1la9l2; Missouri Go, 81 os2; Pa
cite Mail 791979I; New-York Central Railroad,
s7aaS7I; Erie Railroad, 27l02i; Hudson River
Railroad, 59o59l; Harlem Railroad l6i sl7; Harlem
Railroad, preferred 49049l; Reading Railroad, AT
04sI; Michigan Central Railroad, 67i06S; Mich
ipan Southern and Northern Indiana Railroad, 2Oi o
2Ol; Michigan Southern and Northern Indiana Guar
anteed, 49o49I; Panama Railroad, l229l22l; ILL
nois Central Railroad, $685. Galens and Chicago
Railroad, 79Is7ssi Cleveland and Toledo Railroad,
Az 0472; Chicago and Rock Island Railroad S3SS34
Chicago, Burlington and Quincy Railroad, S6l o6;
Illinois Central 7s, 941 d9iI.
The market fer foreign bills is dull at previous quo
tations. Sterling is 1904 1881; Francs l595 l4i.
FTeigtts TO Liverpool: 81, 900 bush. Wheat at lid,
in ships bags; 1000 bbls Flour at So. To London:
500 bbls Flour at &c. Cd. To Glasgow; 1000 bbls.
Flour private terms vessel Of 23i tuna 10 port
south of Europe for s. 625 The bark Palace, of 366
tuns, built in Rhode leland. was sold fer $1,000
$4,000
HE business Of the Sub-Treasury was: Receipts,
s44'S4 57-for Customs, $223, 900; Payments 49,
2a5 oS-Balance, $566 ,729 80.
The dividend and extra dividend just declared by the
old New-fork Life and Truit Company together 10
y cent, we understand leaves surplus undivided Of
$4,000, or AZ v cent premium on the capital The
Indemnity Insurance Company have declared a semi.