The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-15
FINANCIAL AND CONNER GAL.
MONnY MARKET

TCHsDAY Dee A-0P. II.
There appeared to be abatement IN the speculative
excitement In Wall strest rrsnescsaons for och form
the bulk Of operations tho market price Of all stocks
h easily sustained Money b abundant And ohssp
that Of employment eagerly sought for, and
securities paying good rates Of interest profit
able investments than loa.isg money sA call Fancy
stocks generally the future vaas Of which h inAennsc,
hold forth sufficient inducements, and arc purchased
fvely. So long lie feeling exists, and the means to
operate continue abundant prices viii b bucysnt and
more or LEES appreciate. At the nrss board teddy
Morris Canal advanced per cent, Nicaragua Transit
4, Cumberland Coal x, Long Island u, Nsr vieh and
Worcester 4. Parker Vein advanced per cent. fhs
stock Of the Greek Coal Company pus upon the
market this morning II opened at and olsssd 1t sK
per cent Considerable seek changed hands and there
was pretty active demand We gave detailed account
OF this company yesterday and the public appear TO have
great confidence In the ultimate pqoductveness Of the
mines The central location Of the somany property,
the natural facilities fer getting out and getting forward
coal and the superior quality Of the article for all pur
poses those whs have examined 1t With tho
great value Of the miaes and induced largo purchases OF
the stock general thing the value Of coal property
Is underaed Capitalists do not TO have Investigated
the subject sufficiently The rapid increass In the
sonumption Of GOAL, they have not realised they
would employ larger portion Of their In ths mlo
nothing safer than investments 5, coal companies whss
they can be made ppon fair and reasonable terms Tbs
time not far distant when they will al oommsadhand
some premiums and ray large dividends The salss Of
Phepx Company to-day were limited and tina amount
stock In the make quite small Purchasers walt
Ing decline before filing orders but holders are not dis
posed to make any concessions. TAs Phsnix sn4 the
New Greek, the leading companies In the Western.
port district and their coal Of susA superior quality
that IL will take precedence Of all others In tho
market This coal differs mat rally from that
mined in the Frostburg district It Is lees bitaminous
and therefore better for domestic and purposes
Al the second board the marie, rather unsstted
Some OF the fancse up and soms down Nor
ris Canal fell Oh per cent: Long Island AZ Cup1bsr-
land Coal ~ New osek Coal Company advanced u per
cent with large sales; Parker Coal Company Crystal
Palace fell OF per cent from ast sale The
In Morris al has not beep very active and
have taken a downward turn. Most Of the purchases
have been Phadlphis count and they badly
get all they want at present prices They have lately
been considerably relieved Of fancy stocks BY sPeoustcrs
In neghborsg cities Pbilsderhia has taken all the
stock Of the Rsa1sg Railroad at high prices all Of Long
Island at enormous advance and good part Of Nor
rie Canal Baltimore has taken Of Canton Co NJ
great profits to sellers here II Philadelphia wants any
Morris any other fancy such advances holders
here will fuTnfh any quantity. IT u pretty eertAis
Spectators in these cities viii have keep these stocks
unless they shoul6 time hence choose to sell them
At considerably lses than half what They COST Tho
probability is that shall get Of them back at
enormous depreciation 1t Is mpvesea shall not
be able to put the whole Of Morris Canal tho Phila-
delphans.
The receipt At the ofeo Of the Assistant Treasurer at
this port TO day, amsuntsd to sloS1oo 81; p,ymens
s52o676 2--bslasce. 81 $40 as 81.
The demand for foreign exchange for retta~ce by tho
steam ship Europa for Liverpool tomorrow (wedoss
day. has been quite moderate We quote bills Lon.
don at 10 to 1O1z per cent premium; Paris 81 lsX
70 u 12,s; Amsterdam AK TO AK; Bremen, TOY to
50; Hsmburg 3sh to ss2l. The steamer will take out
about three hundred thousand dollars In spcois.
Ths steamship Arcticst this port fcm Liverpool brings
four Gays later intelligence from all parts EUROPE Tho
lie not Important, even atereti.g Commercially
the sccoupts little more favorable BresdstuRs
manned steady at prsvisus quotations while cotton
little betta In ns noia aIsirs have No char q