New-York daily tribune., 1861-08-10
NErnNn RnANn.
ERIpAY. Aug. S-P. ".

We have at last break IN the dullDess Of the Stock
market aud toward the close Of the day more excite
nent than has been witnessed since the defeat at Bull
Run was telegr1pbed. The market opened very firm
for Border State ttocks with large transactions, in
rludipg 800 600 Tennessee es by house at 45 ga
advance of / y cent. North CarolDas sold at 20,
showing firm market, end MissOuris were steady at
vesterday's prices. The demand for Virginias for
temporary delivery being supplied, the quotations
declined TO 81. When the shares were reached,
the shorts showed a disposition to take i'll
sone stock, especially Eew.York Central,
which sold up to 73S for the opening ex-dividend,
equal TO 76I There afterward Unregistered sales
as high as 7i}, an advance Of y cent on yetterdays
closing prices, We have an unofficial rumor on the
street that the July receipts will show falling off Of
100000 The strength Of Central favorably affected
the rest Of the market. Erie, Poetic Mail and Illinois
Central were GrIner; Galena sold mp to g., and Toledo
10 29s. Afer the Board the market became very &C.
tive and buoyant. leading operator took 1000
Shares Galena at 64l; Central scld at 74a; Toledo
Il 294, and Illinois Central at 6il. AT the
Second Board there great excitement, and under
transactioDs much larger than usual Shares advanced
rapidly. The shorts were free buyers, and promin
eat operator continued bis purchases The ad-
vance was from la'l y cent. Pacific Mail advanced
TO 76. Rock Island 70 Al l. an advance Of Y cent
Galena was largely dealt in, and advanced rapidly to
10, having been 63l yesterday. Toledo touched 80,
against 29 yesterday. NewYork Central advanced to
Yl9 equal TO 772 dividend on The State Stocks were
firm but not very active excepting Mssour Of which
800, 900 sold at AL. The immediate cause of The
furry OF tho Second Board was the rumor current
that Mr. Chase had made negotiation for ten Inhons
Of oIlars with the Banks which would give the Gov
esnu.ent the means needed Immediately for the prose-
ention of the war. A still more powerful reason Tor
tho movement to-day is the conviction that the issue
Of a very large amount Of Government currency III
the shape Of demand Treasury Notes Of small denomi'
nation VIII create great expansion Of credit and creu-
tation and, necessary consequence imitation OF all
values, among the fret Of which to be affected, Of
course, would be stock values The impression
brought In few buyers to-day, although think tn ey
were almost entirely confined to street speculaors At
The close she quotations were scarcely maintained.
Tennessee &c, 45i 046; Virginia 6s 53054 Missouri
state c., A19Hi; Canton Co., 81 Pacific NAL
Steamship Company, 76076l; New-York Central
Railroad, 74I S74a; Erie Railroad, 26s @2o5; Hudson
Riyer Railroad, 34i a35 Harlem Railroad, lOl % III;
Harlem Railroad Preferred 25I 026; Reading Rail
road. 36l a36l; Michigan CentalRailroad, ~. GA2ai
Michigan Southern and Northern lndiana Railroad
1901; Michigan Southern Guaranteed, 29a
Panama Railroad I078lOs; Illinois Central Railroad
G4i965; Galena and Chicago Railroad, oolSo'ai
Cleveland and Toledo Railroad, 3Oi @3Oi; Chicagc
and Rock Island Railroad, 4O2 94l; Chicago Burning
ton and Quincy 5sS5sl; Illinois Central Railroad ~
$3.50.
The market for exchange is very dull, and rates tend
downward Bankers are not anxious to draw at rate,
which would attract buyers. Sterling is lO6@lo|i
poninay, but bankers signatures could probably be
bought a. I07. line Of Southern bank bills, with
Wisconsin bank indorsement, was passed al iooi'
Francs are 5.32i @52j.
Preigbis less active, To Liverpool: 5000 bbis'
f'ew ssl@ Vi 81. 9d.j 2,os9 husb. Wbeal 1T 80;