The New York herald., 1850-08-06

This Il usually the dullest time Of the year Int s
have not this season noticed the usual inactivity
Fancy stocks Of all kinds have been much more ac
tive than government and State stocks generally and
prices have been astonshingly steady Quotations for
United States SIS have been gradually depreciatins
1t s possible as the demand for money Increases for
commercial purposes that and other good
securities will be thrown upon the market and cause
further decline In prices Should this bs realized
the remttsnces Of these stocks abroad would be mad
to greater extent, and the ultimate Absorption By
foreigners Of our public indebtsdnsss. be sooner
realised Some time since, the Secretary Of the Trss
sury estimated, that at the close the fiscal year
June 80 1851, there would be deficiency In the pub
lie treasury of from ten to fifteen millions OF dollars
Events have since transpred showing that there will
at that time be no deficiency, but, the contrary
surplus. The enormous I'm portatons cred during
the past eighteen months, have given the government
revenue from customs larger by many millions of del
lars than anticipated and the apprehension ms enter
taned by the Secretary of the Treasury, that new
loan would have to be contracted, have entirely dis
appeared According to the recent returns from
the Treasury Department, the amount Of government
deposts In the different depositories s101es9is
o. The receipts during the past two weeks have been
very large and the deposits at the present time probs
bly, amount to full twelve millions Of dollars and the
interest on the public debt just paid The mporta-
tions during the remainder Of this season will with
out doubt, be larger than in any previous year,
and the revenue from duties will therefore be pro-
portionably greater than before This will In.
crease the rsourees of the Treasury beyond the est
mates and at the close Of the fiscal year 1851 there
will be without doubt, handsome surplus.
Its. perhaps unfortunate for those Who are deeply
involved in speculations who have large amounts Of
stocks and various kinds Of property purchased at
hish prices that the government get along Ia its
financial operations without resortipg . new loan
for supply Of securities such as are in pro per
credit abroad for remittance has become 40 much re-
duced that shall have to pay TOR enormous i'm.
portstions In some other way, and probably In way
calculated to restrict the operations Of our bank. aud
create stringency In the money market A large
amount Of specie has already been shipped within the
past two months 70 pay for portion ofour foreign i'm.
ports and a. the season advances the expectations f
bullion must increase The I'm lrtstions for
July. have not yet been paid for August may no.
come up TO the month previous but the i'm ports vii
doubtless be 60 an immense amount and the balance
against ne thus twelled 20 sum beyond our power TO
hquidata short Of lsrg. shipments Of specie Our .x
ports have for sometime past been comparatively lin
tied and are likely 20 contiue throug hout the pre-
sent season at least The future g. Therefore anything
but haterinR and resist the i'm preston that
before the close Of the fall trade there will he str,n
gency in the money market that will sfrsigt-n many
Of thoss who have deeply involved thsm selves In any
Of thespeeulative movements ef the day