New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-08-31
MINING BOARD.
THURSDAY, Aug. 0-P. ".

Augs oV-f' n'
The result of more active demonstrations Oh the part
of the short interest and of the croskng in regard to
the Money market slide in the prices OF leading
Railway Stocks TO- day Of from | az cent as COM
pared with the closing prices Of yesterday. Inc RAPID
shifting Of call loans in the process OF ESTABLISHING
higher rates for money creating for the time fictitious
demand has had an influence too, while at the same
time the strong operators who usuay WORK Tor rse
have temporarily withdrawn from the field, generally
with handsome profits. Lacking this support, the
bears have succeeded in breaking the market Tor the
day and in shaking out considerable amount Of con-
tract stock from tirnd SPECTATORS AT tie same time
the shorts have been quietly picking up stock at the
decline established, and have doubt covered fair
amount of their outstanding contracts II this is the
Gaze we may safely assume that desolation and ruin
in country overlooking with abundance, and full OF
the elements of great prosperity, will not be predicted
40 confidently. Tire amount Of business transacted at
both Boards was larger than for come days past, and
al the fret session there was an eager competition
among the sellers-the opening bids drawing out
stock readily, although generally starring at figures
considerably under the standard Of yesterday afternoon
In come instances, the first prices were the
lowest Of the morning, and of the day, but
generally the marke. left off heavy at the
close of each call The exceptions noted were
Illinois Central, and the Chicago, Burlington and
Ouincy-btth of which improved upon the early sales,
and closed steady. The bond market was not much
affected except in two or three instances. Michigan
Southern Second Mortgage underwent the mott I'M
portapt d. cline selling down CT in the morning and
10 e. in the afternoon. The fall in these bonds and IN
the guaranteed stock is TO some extent owing 10 tue
DELAY in a6uting the unsettled questions IN regard 10
the funding ard payment of coupons. We learn, now
ever that measures are in progress to bring these
matters 70 settlement which will probably, be sa1s'
factory 10 all parties interested If the financial affairs
of the Michigan Southern road are ntellgeuty admin
stered it's business will soon bring about
change in public opinion to the value OF the property
Between the boards lower prices were established
New.York Central was cold down to S3s, Gaena 70
n, Rock leland to 49, and other stocks were marked
down in nearly the same ratio; but at tue second
| Board the demand was more active, and although,
generally the prices lower than in the morning.
the one of the market better, and the quotations
were an Improvement upon the prices ruling Oct
the boards From the adjournment up to the close Of
the day the market had ralyng tendency, though
| not active, and the last prices show an advance OF
about per cent from the registered quotations OF the
Second Board. The latest prices were as ionows;
Tenn essee State &c, 90l a90i Virginia State rs,
| eOl 900; Missouri State &c, 8lG8l4i Canton
Co. 1874; Pacific Mail Co., 1919; New-fork
Central, lex div) S3t d84; Erie K. q s27ii Hud-
sop River Railroad, 56I e56ii Harlem Railroad,
l7I0I7I; Harlem Railroad Pref, 4iio45 Reading
Railroad. 44sa45l; Michigan Central Railroad,
6s. a6Ss; Michigan Southern and Northern Indiana
Railroad, 1917 a2Oi; Michigan Southern and North
ern Indiana Guaranteed, 43343l; Panama han-
road. l24sl26; Illinois Central Railroad, 500
Sc, Galens and Chicago Railroad, 77}s78i Gave
land and Toledo Railroad, 45lo45ii Cmcago
and Rock Island Railroad 79i $50; Chicago BUR
lpgton and Quincy Railroad, SsaS8ii Illinois Gen.
trial Bonds, 96t a 96l
The market lie very duh for foreign bills, and some
parties are disposed to make email CONCESSION ID ene''
sales The supply of outside signatures IS ra.le ,
better. Sterling is 1897 1881; Francs 5lol aoi'i
| Freigbts-To Liverpool-3OO0O bush. Wheat IN
bags for imne date shipment, at l2d.i l2,ooo 10 II
buk Sr shipment next week, at I'D; 100 no lar no
low at 32s Cd; 1000 bbls. Flour at 81. 3D.. %o'VVV
| busb. Wheat, reported at equal TO 3d., auu a'ou'
- 600 do. at l2}d To London-4, 500 bbk. flour ~
81. 3D.. and 1000 bush. Wheat, in bags, per s'ea''
| a, I'D To Bremen-5O cases Tobacco at 2Zs' oa. n
vesse to Cork and MARKET with l6oco busn' aso
9, I'D and 900 bbls. Flour at 4s. veese' Vi ~.
,,n. tom AN Ea.ern port 10 the Mediterranean anu
hack, for 81, 600, port charges PAID ve''e ~
bbls. capacity TO a wind ward islano' @ ''' .;,,.
Toe busiuess Of the Snb-lreasury wa ais ;
s2O6 5s5 IS; for Cus'on', eia2oV"i rS'i"'A
1873 80; Balance = soa, "9s To- u;.,i.
m. ,tird week traffic in August over the "'sa'
Van Southern line Amounted to-ioo"' s'''''''
! go, 5S3.