The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-16
III ON Ely NJ A IL X r. IT.


Trrsp.r. Oct l5-sPM n.
The stock market opened quite buoysnt this morn
ing. Every day exhibits advance In sous fancy,
which previously was hardly heard Of North meri-
can Trust advanced to day per cent and the sales
larger than have noticed at any time within
the pact six months. We do not know what has put
prices up rapidly unless there is ansthyr decision
hand IL might be well enough for those interested TO
overhaul the caller dsr of the Court OF Appeals ad
when another final de,ision be expected IL has
for some time past been impression that litigation
In relation to the aarJ OF the North American Trust
and Banking Company, would continue least ten
years longer but may be mistaken in fact there 10
no doubt but that are lsboriug under delta sou,
II there any truth in the reports crc fresy
In Wall street Last winter considerable excitement
was created In the street among stock spectators by
reports put forth by holeeu n North Amsrican
Trust and Banking Company stock TO the effect
that the decision about bring snads roali be
bnsl, and that II 1t In favor Of the Company,
the stock would be- wsrtb atty sixty per o-nt Tie
stock advanced from ten to fifteen per csnt under tn.
Influence OF th-s- statements Finally the decision In
favor Of the stockholders TO hshd ~ tel graph
nom Albany on Saturday night, aud holssrs OF the
stock we're In high spirits. Tn oushout sunday II was
generally anticipated that the opening Of the
k.t Monday morning III, stock would sell freely at
twenty per cent The result showed uncertain all
calculations are. At the frat board on Mond,y the
stock told IT thirteen per csnttso per belo~
clofits price Saturday and continued to depreci
ate, after that until IL touched ten per cent Per
stDe tiEs pact the stock has been comparatively
quiet, and have heard very little about fual d.ei.
siops The sdvence In prices noticed ~t,nia ta. pace
day or two b tie result Of the spscu-tiss f..ias
seueIa In the mslket, and It IL not impossbis but
that a ioItb.r improvement will b. realized. small
~ In l,rge lots upon which there Is not very
rapid accumulation OF Interest, have within the
Isst few days, become fs'oriies With spreaistcrs,
aud the probability Is that the advance IA then viii
be greater In proportion TO the sost than in those q
srsi'r nAshi ude. The stock market ~ just nos In
very iptef,sting condition and its eoar-e for the
next ibir'S Gays viii be watched nth great ceA OF
anxiety and 'olieituds rhos- -ho can looS on per-
lecty inoif'r.nt as TO the result. are Ia the pies
ssBisst Ioiion snd will Of these days lights
AtYitssnt the nov.M, mt & upward aud .s have ne
doubt most Of the sBeies the LIST will touch higher
points The speculative feeling nPr.sis to ipsrssse
price, advance, and it IL really extraorain.ry to
~.teh the operation. Of outside ,p-eulstOr. oae
might just a. veil blew against q monsoon With thu
hcge Of stopping IT, as to attempt 20 reason With sps
cva,ors oi ii.e IN fancy stocks They f.rly nal
With txcitem,nt, aud many 81 them kpoE not What
they do One Of th,se dsys thy will get thalr eyss
open wh'p they vln ind themselves furround.d with
breakers, upon witch msuy fnrtup. will be- wrecked
In the D''sbtims vs expect t. see thv excitement
steadily iEeroa's, end the market mnsh more inhs''d
thsb At yresent All the f.nes' have noshrh Unlisted
TO the f~ne'f'eh r'V'i"' h.'' not Ao'Sncsh n're
then two or Tire" per cent While Others Improved
ten, fifteen, shdt~ehiy per cent TIE ProetnhiiJ 10
ust ho'e which s' yet h''s not moved macy up
"Sro' ~il hs'r 'h'ir Jay enc ~h.n AZ have o'cO"e
as nueh inflated az they vii bar Their .il he great
sesmr'fns s't cut ar't. The e'Hr' have hn-
hsT'''t " Pfo'I'ei's but ihsJ must not pu' N
A. the hr't ho"fd to cay fri' ineom" bona' sd
rh',rh ~ the - h"'th Am'"eah rlns'
mere L''n seehr's = per e'nt aud h.rl'm tase
-"e wy '"'"'Ns "su'.'"s :" W u" ""s
his's' ho W h""os ''a'y 'o'.'A.' /" es" oP''.
u'n'. lie income n0aa' YER 70 u''snu "'''"
he aS'snes 500 no 'e'' are o'un ~ 4'''"u"ns
AZ the s''"ns board farther s"@nos IN
prices YES realized Morris Canal .~a, 40
per cant North Amcriosn Iiust Nar.ieh
and Nors''"r NJ hhe Income bonds - Pert
mouth NY Dock. y We have notio's. ~ithin
the pet kv days lsree sales Of th's last
n'm'd s'oeh AVID an sd'sues of'eou' cue aoi. hdf
Ier cert hss ben rested The activity IN the msr-
ut shows thst On upward movement ha' Commenced
snd, ss u takes but little nopsy TO control great
nuub,r Of sbsrrs " .iil doubtless beco n" fs'o''ts
With large rlass Of sp.culstors Thee incorporated
isnS eOmpsu,,s have attracted considerable ATTENTION
lately The ttocN Of the Canton Company q, Bslt.
nofs fai ttt,lcrl seed, ~ sttnt tueI'e pr cent,
"a. Es,t Bo,ton Canpsny sb,ui Cry pr cert 90 the
fr.tk,t yslu-. and the Portsmeuth prv Uaek Con l..