The New York herald., 1850-02-18
COMMERCIAL ARPAIRS.
MONEY MARKET,

Sunday, Febs lJ-0 +. me-
During the past week the stock market has been
more buoyant than have 1t for several weeks
previous and an advance has been realized by holders
Of some Of the fancies, Of two and three per cent
There have been large purchases Of nearly every stock
in the list time, principally buyersoption and the
opinion is pretty generally entertained that very few
Of purchasers will be able to take the stock when
the time for delivery arrives Sellers time, sellers
option, have made contracts to large amount, and
have made the best Of Q wide margin against them,
compared with quotations for cash. Most Of the cash
purchasers have been shorts while the specuators for
Q rise have purchased principally on time, buyers
option Operations Of this kind upon en- easy msney
Market show that the bulls weak, and havenot the
means to buy cash stock. This is doubtless true
Most Of them up to their In fancy stocks and
have been obliged by hypothecston and In every other
way to raise money for the purpose Of keeping them
II possible, in hopes that demand would spring up,
and improvement in prices take place. The result
of the recent advance In several Of the leading ances
is easy to foresee. Most Of them will get into few
hands at high prices when the holders will make the
discovery that they have market, and will be
compelled to let prices down, to induce specuators to
come In purchasers. Several fancies have been
completely used up In this way, and We need 60 no
further than LoEg Island and Norwich and Worcester
sttcks instances to illustrate the correctness Of
this remark. Fancy stocks for speculative purposes
are any thing else and the danger Of
clique Of heavy purchasers getting the bulk Of one
their hands without active outside demand con-
tinuipg Is great that IL is only attempted when
everything else fails to initiate prices Harlem Rail-
read scosk is In this position. The bulk Of the
entire issue Of old shares is held by small clique Of
spectators, and they compelled to purchase most
Of what daily offered to sustain prices possible,
at all events, to prevent . serious decline. When .
fancy is we'll distributed 1t is easier to get up specu-
iative movement and initiate prices but as prices ad
vance the stock becomes concentrated until 1t finally
gets into few hands, and breaks down from Its own
weight Long Island is too much concentrated for .
,peculative movement, and the holders Of this and
Harlem are anxious to sell what they have than
to buy more but they forced to purchase or suffer
prices to fall with large lots IN hand.
II Is high WAGER in Wall street. and the tide must
soon turn Those who keep with the tide will glide
smooth enough but those who attempt to stem IL,
will soon End themselves struggling beneath the sur
face Those who stand on shore, watching the move
merts Of those In the stream Of speculation, WILL after
ell be the sAfest place. but they must be careful lest
IN aiding victim escape being swallowed up they are
drawn In and drawn down with him. Bull stock specu-
iators perfect jack osnterns they draw outsiders
into ditch and then leave them to get out the best
way they The best way Is to avoid these bright
and moving shts and make no attempt to follow them.
The annexed statement exhibits the quotations Ia
this market for the principal speculative stocks for
each day the past week and a the cese Of the week
previous Prices have during the week just closed,
In proved but the market has been very unsettled and
We should not be surprised at any time to give
way
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