The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-05-31
mon ET MAR EFT.

SUNDAY, May 500 p. n
A The close Of the stock market yesterday quotations.
for stocks ruled fraction lowe. than ut the clo Of the
week previous Throughout the week prices lusuated
considerably and TIE inactivity Of spectators produced
slight depression The bears have indac by fail
ing If in Of the leading ancies to sell short to
considerable extent, under the impression that tho
market would continue 70 down; but the bulls have
proved strong tho opposition and easily
downsald movement. There appears to be apprc-
benfon the part Of holders OF stocks OF any import
ant probation in prices They hypothecatc with
such moderate margin and ut such low Of interest
that there il difficulty in carrying large Of fan
cef and there H. therefore, very little danger OF any
great decline long this state Of things continues
The banks disposed to afford every facility for spcou-
alton The rapid accumulation Of specie compcls them
20 extend their discount line to moderate much
as possible the effect Of such dead weight, aud the
brokers for their share Of the expansion. The
abur ebeapness Of money must attract specu
atort 70 those stock securities which have long bsen
neglected and which have not yet been Affected by The
rrscuative excitement Of the past twelve months
Stocks generally are at this moment much lower than
they have beea within the past twelve months most
Of those the list sidcraby below average Of
he past two years This may strange to those who
have not carefully watched the market for some time
past lat II is true notwithstanding the active specula
dtiou IN the wnoe OF the present
season. When money worth from seven to twelve
per cent per annum, quotations for stocks ruled far
above those current This Is incon iscncy diff
cult TO reconcile to mind. but only of those
frequently met With in the stock exchange Compare
lively prices for stocks which yield dividends fixed
but depending upon the their business should
sue much higher than tb. quoted rates The dividends
paid by railroad and importation oompanes of all
kinds must, while the country continues in such highly
prosperous condition be large and tho stock OF these
companies should, Of course, command higher prices
hen money worth In he market three ana four nor
cent per annum, ard stock investments pay ten anl
twelve per cent per It follows that such securities
must be worth considerably than under other cir
cumstanccs When money is worth il the market more
than thee stocks pay In the shape dyid ends they
must command proportionate price At present eyery
movement in the money market is In favor OF lower rates
OF interest and Of course higher prices for productive
realize the standard race Of interest for money and n,
capital ulatcs rates Of nerost decline and thu
difficulty experienced IN employing CAP iol increases at
tonton must be more generally turned to stsca and
ihe!r market valve must materially advance phia nust
Sooner later be realized Tho cheapness and excsye
supply Of MONEY. will not only have this effect upon
prices for stocks generally but II will have mos favor
able influence upon the operations of each company re-
presented by these stocks Travel and traffic on all rail-
reads must rapidly INCREASE rates Of fare aud freight will