The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-16
co M m ERCIAL AFFAIRS,
I NEY RK K T.

THURSDAY, July l5-6 i. NJ.
The stock market rather inactive this morning.
Prices we're however firm, and very little stock
offered Holders appear confident that better prices
viii be realized before the lapse of many weeks and
therefore not anxious to sell Every arrival from Aus
trae and California to strengthen the impression
that have but just entered upon the gold movement
Of the age All doubts relative to the permanency q
the present abundance of money must long since have
disappeared. 1t is the prevailing opinion among CAPT
tastS that money win be cheaper during the last six
months Of this year than IL has been yet that great
difficulty will be experienced in finding profitable EN-
roymcnt for capital than has before been expert.
oneed ia this country. Every enterprise put for
wpId will find ample for carrying it out and the
rapid progress viii be made from this time forth in
every species Of internal improvement There is wide
margin for advance in nearly every stock security on
the market. Government State stocks funded bonds
investments yielding fixed incomes may for a time keep
along with the general movement but they sooner
reach eliminating point than those securities which are
NOR, intimately connected with the progress and pros
perity of the country at large.
II Is only in such securities that would recommend
investment the margin for rice is 20 much greater
than in those stocks which under any circumstances
give an income Of such per cent and no more 1t
must be borne in mind that ultimately prices every
thing viii undergo very great change IL the supply of
any length Ct time at the present rate and In the event
Of The arrivals increasing (of which there is not much
nit the change will be greater and far distant
Is therefore particularly important that those who
have surplus for permanent investment should
cEtcie great deal Of discrimination In the purchase of
stock securities.
At the first board TO day OF the leading fancie
advanced fraction Florence and Keyport went up Z
per cent; North American Trust u Northern Indiana
Railroad, * Harlem, q Erie Railroad, y Long
Island, Is; Lrie Income Bonds decliued = per cent
Norwich and Worcester, y. For some time past
the stock Of the Florence and KeyPort Com
ward, without much activity in the stock II is, we
believed plank road company somewhere in New Jersey
The movement in the stock appears to be managed by
small clique o. specuators and outside Of that clique
one seems TO know any,Ane about It, We confess our
selves profoundly ignorant Of tho resources Of the
pony It's position prospects few weeks since IL was
selling at twenty eight per cent. IT sells al forty
two We have never report Of the company, and
II our impression II never made North American
Trust Is not dead yet notwithstanding the delay Of the
decision II Hucustes strangely and II would not sur
he Us 70 gee give spasmodic struggle or two when
The decbion PROMULGATED and then relapse into tor
pid state again The Montgomery Mining Company have
not mede much progress in establishing good character
for s stock IN Wan trees Outsiders do not seem "a
take hold although the hook s. pretty wei baited Tho
fact - thav'h el the abundance and cheapness Of mo
ncy md oil ihe facilities for paInns upon the commu-
nifty worthless stocks none 4 the efforts recently msf,
have neoeeied Spectators &c txoe.dDgy cautious