The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-30
M on EY Nj ARK EFT.

N.
There active demand this morning for all tho
leading fancy stocks better prices were obtained for
nearly every offered The fishing excitement has al
most entirely subsidized. and the market opened quite
buoyant At the first board Erie Railroad advanced q
cent Florence and Keyport, u; Norwich Worces-
ter, %; Nicaragua 4, Harlem. y; Panama Railroad x;
Panama Bonds. l; Hudson River Railroad, O. New Ha-
ven Railroad declined per cent Pennsylvania Fives Il;
Erie Bonds. 1865 l. Reading Railroad ~; Pennsylvania
Coal Co., e. The transactions in Erie Railroad were
very heavy The buyers abundant than sell
ers md the market foned towards the close The ad.
vance in HUDSON River sroad stock attributed to the
burning Of the steamer Henry Clay II doubtless being
the impression that for time ut least the traffic the
road will increase Harlem may be slightly benefited in
the same way This stock is destined touch higher
prices The conversion Of bonds had precisely the
effect anticipated 1t would the stock good to con.
vert the remaining million extension bonds speoua-
tors would then know just what their operations
upon There we're larger transactions in Dauphin than
have noticed for time and prices were we'll srs
tanned.
There appears to be nothing in the perspective
likely to affect the stock unfavorably MONEY is
abundant at four cent he Goldfish excitement has
expended ef many spectators and outsiders have re-
turned from the country and is the prevailing impress
sion that early in August active movement viii com.
nsnce in al the leading isncies With the prospect OF
have ever before experienced with the rates interest
short call loans ruling as three per cent
with prices for stocks generally but moderately inflated
the position Of holders If stocks strong one and thew
Will doubtless reap Handsome profits their
Amidst all the recent activity in speculation quotations
Tor stocks have not rapidly largely expanded The
Leading railroad securities tho contrary, rule low
Inc high rates q interest paid and the large diy-
uends earned, compared with the reduced rates OF
infa r,l,w.- IT,.
tention OF capitalists at home aud abroad and
create a more active demand than We have vet had
Whatever doubts may have existed relative to a con-
tinuance Of the plentiful supply of money and pcrma-
ncnt ease In the market foundation apprehe
any longer exists and calculations be made with tho
greatest certainty based upon ccapness and abundance
OF monoy During the past month"; exports specie
have been less than quarter our receipts and the
large supply of foreign exchaGgc ON the market shows
that Tor some time to come shipments Of specie will DO
limited This, of Itself is sufficient give great i'm
pcus to speculation and stocks are more likely to feet
than anything else. Real estate has already reached vory
high points Prices for houses and lots have in come
instances doubted two and three times aud the imitation
has been too rapid even for the times 1t Is impros.
sion that for time real estate viii be partially neglected
and the surplus Of employed in the
stock market At the second board there was more
bnoyant feeling in the street and stocks generally ad-
Vhnctd nicaragua Went mp "a per cent; New Jersey
Zinc. "a; Norwich and Worcester "a; Rochester and
Syracuse, /; Hudson River Railroad a; Erie Railroad,
"a; Harlem. 81; Northern Indiana Railroad ~ At tho
close the tendency upward
We have two arrivals to-day with later news-the
steamship Europa from Liverpool with three days later
advces parts of Europe and the steamship Pro-
mehcus, from San Juan. with six days later Intelligence
from Calfo and the Pacific coast The news ia not
important by cithe, steamer From Europe acc cunts
do not vary mat rally from hose previously received
Quotation for cotton had slightly declined the corn
markets continue heavy aEd oppressed From California
the news Il Interesting continues favorable rhe
Prometh,s dos no tillg much sJiu ON freight or
in the hsnds OF ass'usors ~ sail steamer OF the 10TH
monthly iemttance.
The receipts a the Office Of Trio Assistant Trea surer OF
this port to-day, aaoipt. Ia 500 oys "; payments
$SI0l77 hC-balance, ~ I.a 80 SO
IL has been reported for days past that new
bank was about b.ipe ganzod in Wall street. to be
called the suffolk bank Dnt have been unable To
learn who nrc the oIigsalors the concern wba. ia
OBJECT Is, or In fact anything about It, There il soma
mystery about the Whole movement 1t has been ta,.,
that Wins Hall purchased building in Wall street oor
lhe .ank 10 do business in and we by Tompson,s
Reporter that Vim b. Cuitiss Is counsel for this epbrvo
sunoH Bank aud We may be Informed on. of thos. .v.
VINO constitute The board oi directors Nov "a c
little curious 10 know more about this ip,ti,,tior M