The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-16
com MERCIAL AFFAIRS.
MONEY MARIE
TuuRpar, April l5-sP.N

THURSDAY, April 15-SP.N.
The weather in the early part Of he day doubt had
tendency deprcss prices for stock! generally Thore
was lees activity the leading railroad securities and
lower prices ruled An additional aovemen mt was appa
in other stocks The prominent was New Jer-
scy Zinc. which advanced u per with very large
sales. New Haven Railroad went up 4 per cent: IIar-
lem, Y. Eric Bonds ISL declined Il pep cent: Edg-
WORTH -; Long Island u: Norwich and Worcester,
We have noticed for some time past daily sales of bank
stocks. TO extent This Is hing new in Wall
street and ID doubtless the eject Of such rapid increase
Of these institutions in this city With the feeling that
exists among stock spectators the pause the market
cennet but be temporary Money is 100 abundant and
too cheap and stocks Of the mo uncertain value
too easily hypothetical to be made available by
those who involved in this species of excitement
The movement has such Roadway that its
impetus win carry it further. without
the aid of any influence. any increase Of
outside operators. Those who purch .sed at high
prices CT anxious to realize profits at least
and charges and they will therefore, make great
efforts to extend the imitation The bSar influence in the
this moment IL strong The bears are not
anxious TO involve themselves deeply in
before tho MAJ kct has touched its eliminating point
when the steam Is UP in Wall street it very easy to
keep the excitement the supply Of fuel holds out
II is not difficult for weak parties carry large lots Of
fancies at moderate rates Of interest There is not
bank in Wall street that will loan money on fancy
stocks with very limited margin for depreciaon and 80
long such facilities can be obtained there will not be an
over quantity of stock pressing for sale The un.
favorable feature in the existing state Of things the
absence Of shorts. This must later have
furious influence on the market, it all COM
pulsion to purchase and leaves it optional with
all parties to buy not they please. This
will not do for holders at high prices. They
A.
chase for the fulhment Of their contracts for only
sustaining prices but for any Improvement they may re-
quire TO give profit The bulls have this depend
this Sellers of stocks have generally been
holders at low prices and those who have sold on
time have held the stocks for the maturity Of their
tracts. The bears therefore occupy a strong position
and when the proper time arrives, will into the
market in great strength Until then the bulls will have
the field entirely to themselves The higher prices 60
the wider the margin for depreciation At the second
board Erie took quite start and nearly three thousand
shares sold 1t closed firm at advance of = DER
cont. In other stocks there not much done but
prices current in the morning fully sustained
The receipts at the Office Of the Assistant Treasurer of
this port today, amounted to s46l32 rs; payments
$3.50 16-balance, So, $50. 397 80
The members q the Stock Exchange refused to allow
transactions to b. made in the Montgomery Mining Com
pany stock at the meeting Of their board until CON-
mittec shall report on the rsspectaby Of the concern
which seems, at present, doubtful.
The time fixed BY the recsvers Of the Commercial Bank
Perth Amboy j. for tho Of the notes and
other claims against that bank expires on the ed inst
ReceiveY-T. G. Marsh, Perth Amboy; Cortlaadt Par
kef Newark; Oliver 8. Halstesd, Newark
All claims against the Pssples Dank Of Paterson must
be presented by the 10th May The receivers are Jacob
Van Arsdnle, Peterson Q. s. Van Wagner Paterson;
VIM. r. Day Elisabsthtown.
The Manufacturer Insurance Company, Of Boston
have declared q dividend Of IL per cont The Neptune
Insurance Company have declared . dividend Of 7 per
cent. The Washington Insurance Company have de-
cared dividend Of PEP cent The Boylstoa Insurance
Company have declared semi annual dividend Of per
cent payable demand. The Grand Bank MARBLE
head) remi annua dividend Of per cent Ma.blehead
do, so per cent
The steamship America, at Halifax. from Liverpool
brings days later intelligence Europe The
news does not amount to much what little there
cannot be considered eherwise than unfsvorabe
character Quotations for cotton dropping No
tal decline since the last steamer had been realized
the market heavy not only for this but for all
most important staple exporting products