New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-08-07
MINING hoard.
MONDAY, Aug. 6-P. NJ.


This has been one of the most excited and rampan
days in the Stock market which has been experienced
daring the present movement The tone of the foreign
sayioes in regard TO the harvest and bresdstus to-
sether with the activity in the traffic the West gave
an impetus TO the market which carried the Western
hhares generally from 10 5 q cent Saturdays
rates The orders TO buy were very large especially
on time and time orders never more difficult 70
execute The stock speculation appears to be drawing
IN an Increasing number of outsiders and the market
has evidently been taken out Of the hands OF
the brokers. We think the street operators
have 10 great extent sold out expecting TO come In
again on reaction but in this they have been disap
pointed The shares they have sold for the purpose OF
realizing profits have been at once absorbed by new
buyers prices have pressed steadily ward and they
cane in again if at ALL at considerably higher rates.
The ranks OF the spectators are daily joined by re-
cruits from the public at large who think they zee IN
The immense traffic of tie West, growing out OF the
movement ofthe crops solid bass for the rise IN rail-
road shares and bonds. The largest advances
Of the day wac in Michigan Central, which, from
CO On Saturday, advanced on very small purchases
to67 II was lower in the afternoon, closing at oo.
Toledo was also very buOyant and retained It's rmness
81 the close. II opened at AZ and left OIL at 453 od
npder large shases. Under able management TINS
road lie taking sound financial position, and after the
sdopton of scheme which is under consideration for
the funding of its moderate floating debt, Will again
become dividend paying stock. Rock Island ad
vaneed 70 S22; Gaena to 75l, and Southern Guaran-
teed TO 47l Burlington and Quincy sold as high as 81
under accounts of large traffic and the expectation oil
dividend ia October The officers state that the
Company has earned it, but the policy of the
road in regard 10 dividend is not yet decided upon
Central was very strong and especially at the close
was very buoyant sales being made as high as 500.
The August business anticipated will be larger than
that of apv Augut ever known. Pacific Mail and Pam
anna vere exceptions 10 the general tendency OF the
market both being affected by the preparations Tor
connection for the California traffic. Pacific Mail was
offered as low az ~ against SO on Saturday Ihls Is
nearly as low ar the stock went under the fierce COM
petition with Com. Vanderbilt. Panama sold at ~.
Between the Boards the market dragged somewhat and
lower quotations were established, but at the Second
Board there another rush Of orders TO buy with I'M
usually large differences paid between regular aud
buyers options. Tbs market a little heavy at the
opepinR but gained strength during the session, and
after the Board the busness in the street done at
the highest rates Of the day and the market closed
tive with an advancing tendency. In the bond list
State soeks are neglected but there is good invest
poeut and speculative demand for railroad deposits,
especially tbose descriptions which have been de-
,essed The market at the closed wac: Tennessee 6s,
s9iG9O; Virginia &c, 9lA 09ll; Missouri g. 81 0Slt
Pacific Mail 77877J; New-York Central Railroad,
S6tasSa; Erie Railroad, 2ii Hudson River
,nSsd, 50. a59I; Harlem Railroad, l6s 0l6a; Har-
ir1 aHss~Irosd preferred 49049l Reading Railroad,
IS, c. ~ Michigan Central Railroad 652 066; Mich
4sI, M;cS and Northern Indiana Railroad, 1910
III 1 49,, southern and Northern Indiana Guar
C.n,.aI psl -, Panama Railroad, 1929 1913; ILL
hOaS 7sIs7S' ,aisaesO; Galena and Chicago
,o,. Chicago ~, Sss',sland and Toledo Railroad,
4oi t:,.co RuT;no,. mock Island Railroad, S2I0
s.; Tin0s Central 7s ss 1% quincy Railroad, s5,0
Toe Foreign-bil market sssis,,,
,stnres. with better supply aud No.. numerical Hg
S"ros os The bankers were also 6sa.e demand.
s,ight CO. s,xiOn. Sterling 1921 asI. 70 make
4514i. AN -,
40 "a d 900 bush. Wheat at lOld. SSssss n.d
,s on nyvate terms; 200 bbls Resn at 2s rs Ma
s97s Cd, To London: 10000 bush. Wheat la
no hills, Flour at 80. Sd. To Rotterdam; o.. lsg
Cedar a. &c per 10 cubic feet $50 bbls Beans at o.
rr Dbl r..,.v ,,o.. Receiu
.,oI go 6t-for Customs, sli4,OOOi faynen
400 6I0 IS, Balance, S. 5l,6Ga 81
Tbs following statement exhibits tie e@ri,me'
-, Srasnk;e and Mississippi Railroad for July
SDsr,a,,sou with tie earnings for 'he s0EIesP0h"
ueLtb Of lst year: