New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-08-05

After the Government purchase the market advanced
and prices closed at highest rates yet made The rise
in bonds has far brought out few investment holders
as sellers the contrary in addition 20 the large pur
chases 1OOs and currency per cents by outside buy
ers there is steady demand for the $40 bonds by in
vestment buyers and during the present week the
amount taken out Of the street ia the aggregate makes
large sum The holders Of Government bonds have as
vet TO seeny security that has appreciated in market
value with the same steady movement. and until this
market value approxmates with gold they will continue
the fayorte investment with large class Of investors
state bonds have been dun and steady. Tennessee
DER cents sold at 63 new bonds 55i Virginia per cents,
exeOupOn, 5si; North Carolina new bonds sly Missouri
per cents SO; Louisiana Levee per cents CHI New
York state bounty loan lO9 Railway bonds are in good
demand for investment and brokers report that they
have largo orders to buy about market prices The
offerings however, are very light. and large amounts
OF Of diyIdendpaying roads are offered at any
price. Bank shares were firm. Bank Of the State Of
New.York sold at ll2; Fourth National. l04i Tenth
National, 1903. Miscellaneous shares were dull with the
exception Of Western Union Telegraph, which advanced
70 3d. upon small purchases. Pacific Mail was buOyant,
advancing TO St active demand TO short
contracts The stock has been heavily OyersOld upon
reports that the quarterly dividends IN septem'
Der would not be paid and is IN active
borrowing demand. Railway shares have been firm on
the ReN York roads and Reading and active and excited
upon the priced Western shares. The unprecedented
rains of June and July gave holders Of West
err stock uneasness and great fear expressed
that the grain crop would prove failure. This has
given dull tone the Western stocks, and has caused
large speculative sales The current reports from the
grain districts disclose the fact that the wheat crop Will
e at least equal year. and that the crop, al
though seriously damaged in certain sections has made
treat improvement during the past three
weeks aud now promises at least two
thirds crop, aud should the Autumn prove
,ald, = fair average crop viii be harvested
Thebreadth land planted exceeds that
Of 1863 and # the frost holds Of the yield viii not fall
much below average crop. Michigan Southern was
firm at 1904 al0Cl Illinois Central sold at 1872; Panama,
lG Toledo and Wabash, Chicago and Alton 1C7; Han
uibal ana St. Joseph Preferred, l23al2l New-Jcrsey
Central was active advancing 1885, Morris Essex
sold at $751; Dubuque and Sioux lO4 The feature OF the
market has been the active in the St. Paul
and North Western shares which have again become tie
faVoTe operators, and have changed hands in large
blocks St. Paul Common sold at sli ST. Paul Preferred
gO Northwestern Common, 49, Northwestern Preferred
49, Rock Island dull and steady at 1l44 Ola. The
earnings Of the road compare favoTaby with those
of last year. and on the first Of October
the usual semi-annual dividend Of per cent
viii be paid After the Second Board the market
tinued firm with large transactions in the Western
stocks At the close the,market fraction lower
tine Western stocks. Ncw-York Central sold at 300
Reading duh at q! @g77. Hudson and Harlem
lower. The market closed steady ~ quotations.
The following the closing quotations OF Govern
snent bOuds: