The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-08-01
NEW YORK HERALD, WEDNESDAY AUGUST J. 1860. tx

course his Is merely a temporary state of things
II is question as TO whether the bullion brokers or
The foreign bankers have the longest purses. The
former are boarding up bars and y ro,a Al a
-, -.vst, In the hope that the
bankers "A .,entually be compelled to accede 10
their terms; he latter are not drawing anything
IKE as IiuCn as usual. ssctcause they cannot lind
~"y 'n"e yer their bills with. A few weeks
VIZ probably decide the contest. The Africa,
tomorrow win probably take oat from 500, 600 to
$500 COO in specie.
The volume Of business done al the Stock Ex-
change to-day was unusually large even for the pre-
sent season. and though in the middle Of the day
pause occurred, chiefly in consequence of the
suspension of an operator for the fall the market
soon rallied, and closed firm. The movement OF
prices irregular. The most popular stock of the
day was Michigan Southern preferred, which rose TO
44a in the morning, closing at 43a bid against Al bid
at the close yesterday. The advance is doubtless
due to the announcement in this mornings HERALD
that the interest due tomorrow on the bonds of
the company would be promptly met. All the
bonds of the company improved, and the common
stock rose per cent. Some Of the Western
stocks we're better; others were lower; Galcna
declined J; Illinois Central, 1, and Michigan Cen
trail I. Cleveland and Toledo advanced !, and
ROCK Island IL; Panama was steady; Pacific Mail
declined ] per cent; Erie was firm; New York
was offered in excess Of the decline, and closed
lower than yesterday. Hudson River declined per
cent, probably in consequence Of the suspension
alluded 70 above; Harlem preferred advaneed3 The
inquiry for State stocks was moderate as usual OF
late; bet ire Western railway bonds were more
eagerly sought for than usual. At the close
Of the day the market was firm. The fol-
lowing were the last Virginia 6's,
eol oli; Missouri 6s, 81, ]; Canton, l93
2ol; Cumberland Coa l43 !; Pacific Mail, $50
SC; New York Central, s3s 3; Erie, 23i "a;
hudson River, 56s 81; Harlem, I6s II; do. pre-
terrcd, A 4; Reading, As q 4; Michigan Gen.
trail, 594 d Michigan Southern and Northern Indi-
ana, lsl 10; do. guaranteed, 433 I; Panama, l2e
!; Illinois Central, IS 1; Gaena and Chicago,
70 !; Cleveland and Toledo, $50 q !; Chicago
and Rock Island, rs a /; Chicago, Burlington and
Quincy $50 I; Illinois Central rs, o5 a 95l.
The Prince Albert arrived at st. Johns, N. F.,
this morning, with dates from Europe to the Gath.
The funds were shade better; cotton dull; bread
stufis had an advancing tendency.
The Marine Bank has declared a semi annual d.
vidend of three per cent, payable On the 18th Of
August.
The EJfsess says
II is reported that the completion OF the arrange.
men for tie reopenng Of the Tehuantepec rone, the
United States In will forwarded by that transit,
and flat the government intends to withdraw from each
side Of the shmus Of Panama the naval force thai has
been stationed there long 10 the great OF the ma
ton, and with fatal effect TO the officers and who
have been compelled TO perform this service.
The present companies carry the mails for no.
thing, relying upon contingent promise of the
President and Postmaster to recommend their
claim TO Congress for settlement. As they do not
intend to spend any money in lobbying the claim
through, il will probably fail. Under the circum-
stances, il Is probable that they will relnquish TO
the Tehuantepec Company the "honor" of carry
ing the mail whenever they are so requested. Per.
haps il would be well, however, TO land a few Of
tie marines who will be then liberated from duty
a. Panama and Aspinwal, in order TO guard the
Tehuantepec route for rumor says that the regard
Of the residents along that route for the rights Of
property is not Of the incest character.
The exchanges through the Clearing House TO-
day were oslo, 5j7, the balances 1901 ,9J4 10.
The sales al he Mining Board to-day were:-
100 sbs Gardner. .b3o 800 shs Silver Hill boo IL
loo Suiliord. ....... 3ls 100 do.......c IL
lto NriL state. leo 2,6 100 Central. e,S
80 Isle Royale. go 131