The New York herald., 1850-10-28

vance has put some them deeper into the mre than
they before, and II is impression that ct the
close Of the market yesterday, the bears much
more deeply involved than upon tbs opening. Within
the past two months prices have advanced five and
ten per cent Reactions have, from time TO time, been
experienced, but they have been moderate compared
with those Of previous years. Holders have not been
lsrmed in the least by these temporary dspressions
and have merely withdrawn from the market and
waited patiently for the upward movement to again
commence, which, has frequently been produced by
demand for from the bears for the fulfment Of
their contracts The improvement in prices for many
stocks is the result Of q corresponding i'm
provsment In the sctual value Of the invest
ment In several instances the advance in pr-
css has not kept pace with the improvement in ths
affairs Of the company. Many, no doubt, entertain
the idea that the recent rise Is purely speculative
that the imitation is entirely artificial that COL
lapse long will be realized. Nothing short of
long train of disasters in the working OF the principal
lines OF internal improvements, b,ing about the
result anticipated Several stocks have bsen carried
up with the rest that worth more, perhaps
not much as they six months since but out
Elders not Sc easily imposed upon now, and are
pretty shrewd in their selection for investment, per-
msnent or temporary. Upon examination Of the
list Of sales daily made at the board Of brokers IL will be
which stocks sude 10. The easy money market
enables purchasers TO carry their stocks without much
trouble and confidence among holders Is great that
It will be found almost apostolic to get prices for good
securities down than two per cent,
during the dull II holders of fancy stocks
should put them upon the market, what could they
do with the proceeds! They could deposit them In
the banks and lose interest and ths. is about all.
There is at this moment immense amount OF money
seeking employ M snt-the bank deposits rapidly
inereasing, and the probability is that from this
time to the opening Of the spring trade, capi-
tai will steadily increase in quantity upon the market.
This Of itself sufficient guarantee that prices will
be sustained but the prospect of receiving good diy
dends upon nancy stocks which Nave heretofore been
considered the greatest ancies must have very great
influence upon holders. and keep the market steady
All the good. souud dividend paying public sscuri-
ties win not vary much during the next four or Ave
months. with one OF two exceptions they range
pretty high, and probably will be maintained at
present points. Railroad bonds are In demand, and
capitalists have become ratis6ed that better
safer securities be had 10 the market None OF
the six per cents In this market selling above
par while State stocks bearing the rate Of in-
terest, command q premium ranging from ave 70
twenty per cent. The seven per cent railroad bonds
the best investments know Of and IL is mat
ter OF much a,tonishment to that the market has
not been swept Of every anoat. The decline in
Delaware and Hudson Canal during last week, q
of holders to get prices down. ss to buy in
for the purpose Of getting hold Of many Of the
shares about being Issued, possible. The result
ticpsted not realized and the old stock has regain
ed old prices Canton Company has nearly recovered
former prices Holders have not offered their stock
much lately, and the transactions during the week
have been comparatively limited Fsrnsrs' Loan has,
by all odds been the most active fancy the list, and
learn that Of 1t has been Withdrawn from the
market, than any other on the books o. the Beard
The largest purchasers those having to tho
accounts Of the company, from which should Judge
that there Is beo~ the surface than is dreamed
Of by outsiders generally We shall know In . day
two all about IT, As for Erie Railroad stock the lsss
said sbout 1t the better We say nothing In favor
oft at present prices Investment aud not
dpossd to cay ssythng against II. IL would be we'll
for the public to rsSolsct what have said sni 60
yern then selves accordingly. 1t "a selling at about
six per cent bslow the market price Eix months since
Harlem has not improved much since II arranged
TO extend the road to Chatham The earnings show a
bsndsome Increase last years, aud the prospects
Of the company very nstterng. holders feel
hdsntthst will touch seventy in less than
six months. Eor~ich and Worcester has become
great favorite within the past day two. It will
be by the tsole Of qsotations given below that
advance of three per cent has been realised since
Thursday, and the sales have been quite large. The
gross earnings Of the company for the Juue
July Ausut and September 1880 amount TO SOS $40 t0
against ss4 9i4 IL for the months In 1s49
showing In the four months this year, OF
$40 e35 IS This looks very we'll and is sucient &c
secure least three per cent dividend the LIST OF
January next II Ia one ~ the cheapest stocks the
lst, and will without doubt, improve. Reading Rail-
road s moving uprsrd again, and IL b the Impression
In the street that It vl touch seventy this time The
amount Of coal transported this road during the
first three weeks Of October bat little short OF
one hundred and ffty thousand tons. During the re-
msinins ten days, about sevsnty.hve thousand tone
will be transported making an aggregate Of two han
dred and twenty. Eve thousand tons for the month.
THE, With the other business Of the company, viii
give a gross income OF about four hundred thousand
dollars It Is stated that the net receipts for the month
will be full three hundred thousand dollars Morris
Canal closed firm at quotations. Several thou
sand shares have been taken out Of the market By
Boston purshsers and there large holders In ths
market, In Pbnsdelphis sad Baltimore. The bears
have made desperate efforts to depress this stock how
well they have succeeded vi be by the quotations
II would be veil enough for the bears to understand
before they involve themselves any deeper la street
contracts for this stock, that the canal and It's
revenue comprise but . portion Of the property
and reeources OF the company. The dock pri-
yilsges and rights Of the canal compeuy In Jer-
seq City are invaluable. and estimated By those
beet scquspt.d With the value efsueh property be
worth ct least hslfs million Of dollars Jersey oity 10
destined TO be the great depot Of the western trade
The Erie railroad must ultimately terminate ct that
point. The Morris canal viii make II Q great coal
market and the railroads starting across New Jersey
viii give jersey City great importance ss an entire
port Dock property ct that point, mpst before the
lspee Of many years, be Immensely valuable, and
the Morris Canal Compsny win derive immense
advantages from Its possessions at Jersey City It's
income from this source win add largely 10 the
revenue Of the company, or the disposal Of the pro-
perty, rights and privileges win reduce the capital
Of the eorporstior 10 nominal sum. The pros
pects Of the Canal Company from the great increase
In the value Of It's property, from the improvemsnts
soips on IN the canal and from the additional reesipts
askt