New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-09-04

MoHnAY. SAINT. 3-P. NJ.

generally exhibited the same declining tendency as
characterized it last week. The principal efforts of
the bears were directed against Illinois Central and
Cleveland and Toledo. The advices in regard TO the
fo mer are quite favorable from the other side but the
quotation fell off during the day to S32. The whole
market for Western shares was weak with the excep'
ton Of Michigan Central, which was in good demand
slight advance Saturdays prices. The activity
in call loans continues TO force cash stock on the market
and unusual differences paid for buyers option on
thirty and sixty days. Az long this process coatin-
ues the bears will be emboldened TO SELL and the re-
sisapce of scattering buyers will not be sufficient to
arrest the decline. the Commission houses,
| however, appear to be receiving orders
more freely from outsiders, especially on time, and
this eil aooper later change the current Of the
| market, and bring about once more bull market.
Nearly every element of speculation favors the bull
movement, aud with year of general prosperity in
the business Of the country growing out OF our unex
ampled crop of cereals, aud the certainty of large
| foreign demand for breadstutfs, we cannot the
panic which the bears so freely predict. After the
Board prices were again little off, but at the Second
Board there better feeling, and when the figures
of the Bank Statement were known, the market took
an upward tendency without any important change in
raes The market for State and Government stocks is
the West for banking purposes. This demand must
have absorbed some two millions during August. The
closing prices L. S. 80, 1874, 1927 1903; Ten
nessee 6s, 90t 9Of Virginia 6s 9O2 81 Missouri u.s.
| 8l2aS2 California rs, n. l., 49, Canton Co., l9l;
Delaware and Hudson 9Oa90i Pennsylvania Canal,
d82; Pacific Mail, 78l079l n. Y. Central Rail.
road, S33 1881; Erie Railroad, 263 26E; Hudson
River Railroad, SIS a56 Harlem Railroad 16i a l6I;
Harlem Railroad Preferred 443 a 1871 Reading Rail
road 45I a 45t; Michigan Central Railroad, 6s d6S.
Michigan Southern aud Northern Indiana, 20I 920I
Michigan Southern aud Northern Indiana Gaarau-
teed 42I 42I Panama Railroad, 1861 a l26 Illinois
Central Railroad S32aSi; Cleveland Columbus and
Cincinnati Railroad 93I 1884; Gaena and Chicago
Railroad 74a77I; Cleveland and Toledo Railroad,
431043l; Chicago and Rock Island Railroad, 79d
| 79l Chicago, Burlington and Quincy Railroad, SO!
asa Illinois Central 7s, ja9jl.
The market for foreign Exchange has recovered its
frmness ard bankers Sterling is held to-day at 1897
ITO. Commercial and bank signatures 1891 1897
Francs are 5l6I 5.l32 The busness for the Boston
steamer is not yet large.
Freights to Liverpool 40 900 bush. Wheat in bulk
and bags for immediate shipment, at l3ol3id; 1870
Id all the week 1iId. for do. all next week;
$500 bbls. Flour at 81. Cd. a is.; so hhds Taow at
35s; per steamer 900 boxes Cheese, and 500 irkins
Butter at Coz. To London 300 bbls Rosin at Sc. A
vessel of 10000 BUSH capacity TO Col and market
at 15Id. vessel to Lisbon, with Staves, thence to
Rio with Salt, and from there TO New Orleans with
Coffee on private tens vessel of IS 900 bush capa-
city, with Wheat in bulk and ships bags to London al
I4d. A vessel with $50 hhds Tobacco, from City
Point to Venice, at 52s, cd.
The business Of the SubTreasury was: Receipts,
1887 GIL 52-for Customs, $O7, OOO Payments, $50.
264 So; Balance $3.50, 0Oi OF.
The traffic of the Illinois Central Road for August
''''.'.'''''.'s2i9gl 1913 o.
lSltH u
s4i3 ~
The aggregate earnings, since the let January have
622 ?32 20
ll17.80I %
Increase in eight months. s4l4 i25 &C
The Land Department Of this Company begins TO feel
the effect Of the revival Of business at the West The
sales IN August %
August, 26.Isi 80
OBSERVATION-DISCLOSURES. s6
The collections were SiS 5i 0S against $29 81 81
last year, an increase of nearly hundred 2 cent
Cairo has become an important outlet for grain in con-
sequence Of the partial failure Of the corn cropa al the
South. For the six months of the present year 1913
40 BUSH grain have gone South from Cairo, against
1853, 309 bush. same time last year.
We hear unofidally that the Burlington and Quincy
read, for the fourth week of August, shows an in-
crease Of SS 600, and $500 for the month. The
Galena ia said to show about s. 600 on the fourth
week. The grain business of this road s now !
enormous. On Friday this road brought in 81 900
bush Wheat. The increase on the New-York Central
road, for August is estimated at $4,000
The earnings Of the Troy and Boston Railroad, for
the month Of July, compare as follows:
H. 1883. 1891 y
Increase. '''''''''''''.''''''''''..' -5flH IS