The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-03
C0MMERCIAL AFFAIRS,
MONDAY. AuaSsr 4-6p,

MoHDAv Auavsr Tsp. M
There 10 nothing new In the stock market to-day.
Holders continue rm ct quotations current ON Saturday
and very little stock offered at the board or In the
street This very favorable feature particularly for
the season, and Is indicative Of an upward movement
when the market ID more active. We shall look for IA
vorable change in prices the season b SUN
GENTLY advanced and operators return from the coun-
try. Money is plenty enough, and cheap enough and
see No reason why stocks should not up with
everything else Real estate is too high to touch and
no margin for speculation in houses lots Our
staple articles Of produce abundant that would
be very difficult to get up artificial movement in any
of them 1t therefore appears to that stocks Of
all kinds stand better chance than they have for
time past The rapid accumulation of money must be
employed in some way. Our people not apt to let
their means remain idle in their own hands, de-
post in banks and if other way of using them pro-
taby turns up they will temporarily. If not permanent
ly place them in some stock Another reason why the
great supply OF capital seeking employment will be most
likely to affect tho stock market is the low price ruling
for majority of those the list Notwithstanding the
periods Of speculation which have experienced within
the past two years. and the active movement which has
from time to time been realized in several Of the leading
railroad stocks there is margin in number of first
rate good sound, safe securities for most profitable
speculation
At the first board to day Hudson Railroad advanced
Il per cent; Reading Railrca1, II Florence and Key
port, 'a Montgomery Mining, e; Pennsylvania Coal
Company, ii Virginia Skies, T. At the second
board, Nicaragua went up u per cent Erie Railroad,
81 nil others closed at prices current in the morning
The rceptsa the Office OF the Assistant Treasurer Of
this port to-day. amounted to slo25l7 IL; payments
Slcs21o 5e-baiancc, s435? 123 aS.
The steamship Ohio from Aspinwall brought $4,000
in geld dust freight and it estimated 100000 in
the hands CT passengers.
The earnings Of the Erie Railroad Company for the
month of JSy 1852, amounted to S3ol S25 49, against
s22s AGO 33 for the corresponding month in 1851 showing
increase in the month this year of 3 365 0 of the
receipts in July. 1852 Sl527 Is for passengers
and the mail and sl4eo44 25 for freight.
We notice that books for subscription opened at
the Office Of Messrs. De Launay Iselin Clark No. GO
Wall street the 10Th inst for the purpose Of obtaining
subscribers to build line of subterranean telegraph
Aspnwal to Panama, New Granada and along grade
of the Panama railroad Reading for the
mediation passengers be connected with the ee
graph Offices at Aspnwa and Panama, and from the
Inmates Of to be derived from both sources it
must prove very profitable investment for capitalists
1t is estimated that 1t will pay upwards Of "a per per
annum upon the amount Of subscription prospectus,
giving all the desired information can be obtained at the
Office of De Launay, Ielin Clark, where capitalists
have been invited to call 1t is contemplated to Law the
line underground the wires being covered with gua per-
cha aud buried in the earth similar to the system intro.
duced in Prussia, Germany, and other European
tries and which have been found far superior kept
in order at trng expense compared with the present
defective system of poles and wires and which distin.
guished as air lines.
The Treasurer of the United States Mint Philadelphia
has given the annexed statement Of deposits coinage
in that institution, during the month of July and for
each Of the first months of the past two years -
UNITED STATES Mint. observation-disclosures AND
COINAGE.