New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-07-11
MINING BOARD.
Tuesday, July 10

TUESDAY, July l0-P. ".
Business at the Stock Exchange to-day was more
active and the excitement was greater than at any
time since the Winter Of 1857 and 80. The buyers
were wei distributed and the eagerness to ill ORDERS
and to take hand IN the speculative movements, was
unite remarkable for this Of the year. For the
Western shares it Amounted TO mere scramble as to
who should get in first and the bids rolled up on the
calls with great rapidly. The only exception was
Chicago, Burlington, and Quincy, which, as during
the sessions yesterday, dragged at unchanged p1ces
duIiug the day. The buoyancy extended to New
York Central Erie, Reading, Harlem Preferred
ard others Of local stocks but there was ies eas
ticts in these than in the Western shares. Without
giving details in particular stocks, we may descToethe
market as a strongly improving one throughout the
session of the First Board The registered sales foot
40 nearly % OO0 shares for the day. and the private
transactions were also very large. In Bonds thTe
were also brisk movements, and the demand for State
stocks in the afternoon wae vigorous, at anmproveuen;
of cent in Mseours, anda small advance in ohers
Railway Bonds were in steady demand aso and for the
Mortgage ssues Of the Erie and Michigan Southern
roads ALTO there Was a very spirited inquiry Michigan
southern Second Mortgage advanced 10 56l at the
Second Board and the bonds were in demand at that
urce a. the close The Sinking Funds also were in re
ouest At 7Si The aggregate transactions a. both ses
sions were sl94OOO and it is Singular coincidence
that the smount was equally divided, footing up ssI Oo0
AT "a, Board At the Second Board the excitement
continued and prices in several instances were higher
than the beet quotations OF the morning just before
the close of The session however, the market was
nls tame and after the adjournment prices gave way
l54 q cent for nearly all Of the leading stocks, the
market cloing steady AZ the decline, but rather dull
There was evidently considerable realizing during the
day, the early movers in the speculation taking the
opportunity TO gather in their profits upon strong
market, but the increased supply OF stock seemed to
have but tle effect for the time. To those who watch
stock operations cooy, il has been evident that the
excitement of yesterday and to-day was too violent 10
lat although the general current OF tho market Is un-
doubt. dly toward improvement hence the halt IN the
movement this afternoon was not unexpected,
and il will generally be regarded as
healthy feature in the operations If, as II
seems not unlikely, the reaction is more strongly
develcped tomorrow. The increased activity and the
material advances of the last week have drawn inque
nnnber Of outside orders and this important element
ia so movements viii undoubtedly increase as the
facts upon which he Improvement In vades Is based
are develooed. u is not yer no rever important
enough 10 prevent an occasional backward step ana
sucb check will be all 'he better for the market The
closing prices were For United States %, 1874, lOl!a
ln2 Indiana State 3d. s9GS9l; Tennessee State 6s,
S9s go Virginia 6s, 81. d9li; North Carolina State
g.. 95,; Missoari State 6s, 81 sslsi Cumberland
Coal Preferred 10 al; Paiic iIail. % a92i: New
York Central S33 aS3l; Erie Railroad, 2o3 02oli
Budsop River Railroad 49I 1915 Harlem Railroad,
I2sal2l; Harlem Railcoad Preferred 80 a39li Read
ing Rsiroad, 42laf2i; Michigan Central Railroad.
jI3a52; Michigan Southern, l6i0l6ii Michigan
s ,uthern Guaranteed IS e35l Psnans Railroad,
l2G, ei27; DlDoil Central Railroad 65l col, Gaena
and Clieego RsiIosd SCI 0sGi; Cleveland and To-
ledo Railroad 2Ia32l; Chicago and Rock bland
Railroad 72iS72li Chicago, Burlington and Quincy
Rsilrcad 75s 07j9
Tie busneas IL foreign bills for The steamer to-nor
row has not been large but the rates are firm. lnero
being large amount Of settlements 70 make aoont ths
lime Il banker took advantage Of the opportuDtyto
advance the rates y cent. The supply OF OUTSIDE
signatures has been moderate Sterling Is 1893 4iV'
with sales at 1925 al09j. Francs l3a5 III
Freights-1o Liverpool; 1000 boxes Cheese per
steamsr at j0s; 200 bbs Flour at "a ID. a "a oa
600 bush Wheat 10 bays, at Cd. 5000 bush' "hea,
Ter steamer) in bags, at lOj.i so boxes Bacon ana
10 bhds Hams per steamer at 35s. To London' 20
boxes Tobacco at 25s. H. 600 buSh. Wheat In oags'