The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-02
Nj q n + u Nj A II Il. E II.


For several days past The stock market has been active
and huoyant All the leading railroad stocks have been
Ia demand and holders have exhibited particular de-
sire to realize at present prices Fer few days Erie
Railroad was depressed by the probability oflsrge lots Of
new stock coming VI on the market but 1t merely
temporary Every lot offered found immediate purchase
CTS and prices within the past three days have
been steadily working upwacd The earnings Of the road
have been equal TO The estimate for July. Harlem well
maintained in spite Ct all the bearing upon it. Several
very strong operators have lately taken hold Of it, and.
the probability is that It win slowly but steadily appre-
ciatc There is doubt but that il is By all odds the
cheapest railroad stock on The list Sonington Railroad
has advanced two 20 three cent within the past few
days The opening q The route to Boston RIA New
London and stopineton, viii command a great deal
Of through travel ana sdd largely the profit of the
Stonngton road. This company has paid regular Ave
per cent dividends FOX several years past besides uceas-
irg annually lis sinking fund fr the liquidation of its
funded debt. There j w.do margin for i'm
proS,ment in this stock, and think that part
Of it will soon be covered Norwich and Wor-
cester Railroad will Undoubtedly be slightly bonedr-
ted by the opening VI this land route but not to the ox
tent the Storington VIII An arrangement is about be-
Ing made TO establish more equitable tariff Of charges
for freight the East I'm steamboat routes which, if
rer will o. course, be adynug eous to MI compa-
mics concerned. 1lc Norwich and " orceser Railroad il
not properly located TO compete successfully with other
routes and have ,e hope OF any great permanent
improvement III the finances of the company market
value Of the stock hudson Rivci Railroad stock since
tic burning Of The steamer UeDy Clay, has advanced
several per cent At The close OF The market yesterday
il was lower We rot hat the travel sle
road has been increased much by be disaster of wedne-
day last for the fT. eject Of lch accident is to
duce travel generally. Reading Railroad is the highest
deprecated railroad stock Tho lst and its position the
most precarous. II j. Sustained rs the nancering Of
the clique who hold immense quantities OF the stock
and they probably viii keep prices up uot compelled to
realize Montgomery Mining stock dropped little ester
day IL Is stated that the didcuty which has for some
time existed between the chemist the company and one
Of The directors relative the owuarship OF the patent
under which tho zlnc paint manufactured course
Of nmicahlo arrangement. halrycr the result Of the
arbitration may tc i Is aij 70 haze nothing do with
the operations Of the company. New jersey Zine has
for some time past huctrGcd between twelve and thirteen
per cent Speculation ia 1t has been rather quiet lately,
and hodtrs Eel confident that its productvepess will
be clearly how that pueh7ssr viii be plenty at
much higher prices Florence aud Keyport l. steadily
approaching Il appears 10 lie vel managed. and may
prove good investment. Norris Canal has hardly been
heard Of lately it. o.I.rg compare very favoraby With
hoso for Tho corresponding period last year. but
seems disposed to touch the stock r. may get gall
yanic shock two du,pg tIc Tn movement In the
e. Canton Company has been steadily settling down
since The publication Of The lasG c-nml report and it
would not surprise n iii continued in that course unit.
just previous 70 another report Outsiders afraid Of
it and not disposed 70 operate in IT, either for rise OF
fall. The market, the whole, Is in condition to be
most ayorabiy affected by much activity among fpecu-
lators Comparatively prices low, and there Is o
wide margin in nearly every stock on tho list for an I'M
provement. The present Abundance OF money, the
. tf.c H..
greater volume must give impetus to speculation
and an upward movement 10 prices
The annexed statement exhibits the revenue and
pcnditue Of the government of tho United States for
the quarter ending June 80 1852, compared with the
corresponding quarter in 1851 IL win seen that there
has been reduced movement In each department -
FINANCES OF IIE U. SrATEs-REyEsuE AND ExpErprTuREs