The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-03


The stock market opened little more buoyant this
morning Transactions ct the board were only 10
moderate amount but prices little better, and
there evidently feeling Of confidence taking the place
Of doubt and dstust The opening of the year has
been Of suspicious character much than was
generally anticipated This looks well, and perhaps
brighter days near at hand The large arrival Of
gold dust by the Cherokee from Chagre removes, for
the present. all fears and spprehs relative to
supply Of specie and gives pretty good margin for
future shipments. This will undoubtedly have good
effect on the stock market. There is a good bs-
els for speculatons in certain stocks, and those
who discriminate properly in their operations will,
without doubt, make money. several leading fancy
stocks Ypls low. close examination Of the
list, will enable outsiders to make judicious
selections which, with careful calculations, moderate
purchases, with unlimited means, will give spaculstors
for rise extraordinary advantages. The is IA
vorabe for the bulls Our advices from California rela
tive the mining products Of the mast favorable
character. The large receipts Of gold dust show that
the quartz mining machines in successful and extern
sivs operation In short time supplies Of gold
dust from California win not depend upon the seasons.
Rain the want Of rain viii make difference. Arri-
walls OF gold will not only be uniform in amount,
but that amount will be much larger than heretofore As
enormous the production has hitherto been it
regions that the gold product this year-lS52-wi
coed any previous one since the first discovery the
metal in California. This must have influence upon
the minds Of fpeculators and it appears to that
cannot be otherwise Of the most favorable chayac
ter
From Europe, the intelligence by the steamship Africa
L. both in political and commercial point Of view i'm
portant interesting, and encouraging The coup detGt
continues successful and from present appearances Of
the political horizon in France the permanently Of the
position taken by Louis Napoleon is pretty nearly set
tied The effect financial and commercial affairs has
thus far been Of the most favorable character not only
in France but throughout the Continent and in Great
Britain The guarantee Of stability and sodty in the
different governments Of Europe is all that capitalists
and the manufacturing and commercial classes require
extend their operations and give great impetus to every
branch ofindusty There be confidence feeling
safety where there sudden and frequent changes
the form head Of the government and if the form
and head changed by vioence-if revolution follows
revolution with the rapdty realized in France capitalists
and business of all grades will hesitate long before
involving themselves in any enterprise which requires
any length of time develope and produce desired
| Futs. This is why the movement made by Louis Napo
leon popular among these classes 1t is guaranty
of strength and permanence in the of the
country which has heretofore been prolific Of political
revolutions.
The variations in quotations for stocks to-day not
Of much Importance At the first board, Erie Railroad
advanced Ii per cent; New Jersey Zinc with extern
sive eaes principally for cash Several heavy capitalists
have, for time past been quietly buying up this
stock and they control the market The
of the company will not be rapidly developed and there
very little doubt but that they will prove much greater
and productive than have been anticipated. HUI
son River Railroad went up per cent; Norwich and
Worcester u; Sussex County, sa Erie Bonds, convert
ible d. At the second board there slight reaction.
| Erie Railroad declined per cent; and New Jersey
| Zinc, 81.
The receipts at the office Of the Assistant Treasurer Of
this port to-day amounted t. Se7 112 81 payments,
S54 $40 81 balance, 81 5,e'6 06 amount OF interest
| paid to. day, $500 600.
The value of foreign dry goods entered at this port for
consumption, for warehousng, and the amount with
drawn from warehouse during the ending the 3let
| of December, 1851, is as follows