The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-06
MON EY MARK EFT.

SUNDAY, Dec Sc P. NJ.
During the past week tho stock market hiss been un
usually excited The Split of specr ation has run high
and prices have rapidly advanced We fear that Ia many
instances the imitation has been too rapid and that
reaction may be realized that will produce good deal or
harm It Is however possible that spectators may
tain the movement, and touch points considerably
in advance OF those current It would be we'll
enough however, for those who have Wide margins in
their favor at present prices to realize to sell and
put the profits where they be found whsn wanted
In such times it Is not best have too many eggs in one
basket 1t ia much safer venture little upon every
fancy than to venture everything upon Within the
past week several stocks have advanced ten fifteen and
twenty per cent, and the tendency Is sil upward All
the coal stocks closed in active demand There come
in the speculsons going this class of secu
rites There is substance in such investnents,
however much deprecated the stocks may the
ment be- The consumption Of coal In this country
Is increasing at such an enormous rate, that the
capacity OF every mine, anthracite and bitunnous, will
be tested 70 its utmost in the OF very few years
Coal property must therefore, in a short time, be i'm
mensy yalusblc and all stocks representing such pro-
petty must command good premiums In the market
The movement In all these securities has stronger bet
ter bsis, than any Others and in the Of panic
coming suddenly upon the market, these stocks would
probably stand as well any ths list The Cumber-
an6 Dauphin, Parker vein and Phoenix the most
prominent among the companies, and all steadily
woriisg their way upward. Railroad stocks do not
to DO such iavortes q, formally Competition among
these works OF internal improvement has, to the
present esy period in their history been carried to such
extent that capitalists spprehensye that Ii may
ultimately lead to depreciation Of this kind of
property aud hence The difficulty In getting up any spec
ulative excitement in stocks representing railroads.
Banks and stocks mostly Retained for per-
msnent Investment They generally command hand
some premiums, and very seldom forced upon the
market Railroad bonds have not for come tipe past
very freely offered Prices are well maiut and
holders are pretty firm When consider what an inn
nenss amount Of these securities have been manu-.
featured within tie past few years, It Is astonsh-
Ing that such small portion Is found upon the
market. The bulk has found resting place in the
pocket books Of capitalists in every part OF this country
and Of Europe. Metal mining stocks have not been
much operated in lately and holders generally exhibit NO
dcsre 10 sell. Most Of these companies which have
recently started have hardly got fairly into operation
and Of course have had nothing to present for public
consideration. The time, however, is not far distant
when Of these will exhibit results that will astonsh
those most deeply interesed and most sansune In
their calculations The Great Northern Lead Company
the st. Lawrence, the Ulster, New Jersey Zinc and
Montgomery Zinc will ultimately show more or less pro-
ductiyenes Some Of there companies are In the hands
OF energeiic, rccntinc men, and their affairs are Judi
cloualy maraged but this than we can say OF ALL
At the proper time shall point out the Jfsrence and
give detailed history OF each Tho