The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-21
FINANCIAL ANo CONNER clAi


AZ 001.
AO' FsIpAY. July 3o-6 Pm.
~.,s - little more SCI visy IN the ssook m "
- y AAy. bat prices ~ere nos 20 VOL sussainsi
- markss vaIus Of stock generally ,pssrs to be
\seday setthng down. There are some sp ,culs.ors
IN ths uarkst who are bayag o. long time. baysr's
ouseu. With ths h,pe thss thsrs may b. n .-gia 10
49, svor ssSaeems ~i.aio tie length Of their
sr>ok. This olA OF puro issers q sy serve to sustain
~ u,rtst. bit - NO ss,cx cisagss hands Ia tue
cserasoa, TIA effect must D. oi the m vt temp
uAarsctes. Uafrsaussss Zoe this clAss o. sps'ula'
tees, ana tAs probsbsda~ OF psohs In saMr ope'a'
hons. ths market value Of Stock, ranges ss tde
hixhest peInts. There IL 10 MARCIA Tor fasshr
xise, and s,eoulAtoss csaSo', u1iee exstu5 circum
staaoss. becouas desperate eGousa 70 60 hsyond
Fessensbse liniaA, noe sns ssr ioe break down Of
NJ yesx there hs bean csuaoamess on the part
Of speoaiasors which mes 10 : the us kes sses1tly
bst gradually rising fog months since there
m margin for ~ exp ,as, "a, ADD tae accuuuts-
Aoa Of money enabled msay, who very col ION
ppuased In stacks, 60 m.xs favorable turns
n tho street. TIE amount OF capital
lying idls In the nsacs OF the mercantile
glasses turned thsx aaenson 70 stocks as
IA oily available ms~aod ot giving IL empiy.
mont At that tms sooss raod low, and 1t Was
hardly possible to maze mistake. Prices havs
since advanced, AID saosa ~ho purchased vs .
good margin ID their sss-x. ras 'ms has como TO
realize II would havs bsn bs'ser 70 have done 80
. few days ago, bus tho ,toseot q ,meat is fagoe
AHA oCe and should nof iost. Ia q few weeks
the merchants viii b IN tbs m,0st Of an active
buxns@. when they III, WAIT all the capital they
uan Command. Thoss woo hold stocks with the
belof taat higher prices s os realized, OF that the
funds 20 invested gill ss required In th bic leg
kinA.e trade, may m,ks d serious mistake. They
may be compelled 70 rcaj'z- NJ u lower rates,
not d An aosasl loss. VS. have Known holders Of
stocks refuse par. ADD nrtma'ey BE- glad to take
Rfty per cent. man out OF bus,aess having ca
pltAl osn spscuiste Ia socks 9Th iBpunity, bat
merchant may b. requi ed At very short notice, to
tafn al his stock sscur les into cash to meet pay
ments connected With hts legitimate pursuits. Il
is, therefore, best for Scsn 70 realize pro6s whom
they can. and hold their capital in hand for contn
gencas. CT
Theimportatfons arc coming In rapidly. This week
8he vaIue Of Dry gods pus upon tAe market
aneauted to nearly three a~d half million of dsl-
lars, and the impostAaan Of several mercha adiss
has also been unususig isree. The sub treasury il
absorbing . large amount Il specie, and the banks
WI iEd tasir supply Of baiion drawn down In .
variety Of wsyA E,is week ths balance in the
hands q the Assisssrt treasurer Will show an 10.
crease OF nearly mlli0n OF dollars. The currency
of this and the New Eoga d States viii DO de-
pended upon ard rtq1t ed TO move the now crops,
and there viii BE- thereto ., demand for discounts
from dealers in .adssahs vsich must be satisfied.
AL the indications poirt 10 very &C i've fall trade,
aEd a active demand fsr money. We have had
"a ! an easy money m.rsot, for such length Of
time, hat the commsoity have become ca loas and
indide1e0t to tie pfed,c i0rs prsbabili les Of
change. Spectators SEEN 60 think that . change
Il utterly cut Of tae q aeseinn. reaotiou may
oome upon tie money MARKET as suddenly as
cloxd upon the fAce ot the sun any Of
these bet days. About swsa years ago, the
PreaideaA of several Of our Wall street
haakd-g iniatutiops wsrs erj ,stng themselves at
Saxatoea and other fasaionaoie watering places.
when hey xere suddenly summoned By tesegrspdio
despatch 10 return inmedtassiy +, the cisS. Ths
complexion Of financial s6srs had unexpectedly
cAAsged. and frcm ssse and sbundance No had
stxiAseney and contraction. The n,ney market
eiShteasd ~ at oaa and holders OF stssks sursrei
Soae during tas month Of August.
At The second bcAsd ,ess was nothing new. Tn:
niles weee TO very tr,dag exssSt, and prices were
barely sustained, A1rs ga Co nberls id appear "a
b Tho heaviest Az a rs List; the reason pro
baby y bscau6 Stey' no the least productive.
IhsN was . smsu sale cf Nicaragua rransis at .
quarter lower. SRAiars ana Cleveland and Toledo
rsunaA without '6aaaSe.
~ A.staka~k 49, -