The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-11-08

Az the beginning IL the week the general idea that
the market undergoing natural sni healthy reaction
from the rapid Of tho previous fortnrtt TIA,
sdcrs lad been free purchasers. and would after
souabo vausc enter the market buyers again
that, after further decline q day two, the upward
movement woad bc revived ard pr would be higher
Than before The facts have sustained this well
theory on; tia, the outside buying has
been very small and the outside selling very large:
that nslad Of helping Tie carry is natural
ced Of railway stocks, the public have taken ad,auag.
OF the late 10 their stock burhcn the
shoulders OF tho street. H. word ihoagh money s
prcccdont'dy cheap and many capitalists must be unable
10 make interest their loose means though there
every temptation to speculate. and anos, tho entire
force Of Wall "a lately enlisted the bull
side tina, The outsiders have rcscluely prcnied
ty ,hoir former lessons ahsancd from buying stocks
anil so,d oul what they had That this i the tine
&C the sobyc from be abundance cf all kinds :"
speculative stocks IN tho r;roc, New York Central
never more plentiful end a. the time comes round TO-
he usua night the surjec, of the tolls, Is likely
that viii become f;u more abundant Tho
friends IL tho sio,k disposed 10 deride the
a the revival q The tolls controversy but they
must remember that two last year would have
made The toll bin law ard that this Year the PARTY
which Is TIC ascendant identified with the policy *
making the canals profitable an hazards his posi-
blt that tie Central may escape, iii last year; bit
tie looks very dcubtll Judging from the converse
ton d politicians. Tho market has hoen seriously injured
during the past week ~ tho reports ~ the diminished
csinmFs thc Western railways tbe pablc were pre-
pared tor decrease bot not Tor heavy one a. that
which tie oica return dscioso The Calena las fallen
81 $3.50 900 three months The October earn nes of
The three ieaing nuos ln6s compare IL follows with
these q last year.
1855. 1855
Gasna aud Chicago. s25a b.s $4,000
Illinois Contra. ...+.... .s4IzS $50 go
Chicago atd hOsk lsld. lts,5so }rerorted) 10000
u Is argued. not without strong show Il plausbnny
nat an ne roads Which I'D hy these lines such a.
the great Lines from The akcs to the scaDoar must *
hnt corresponding decline thcr business. and, a.
ne prces for Western produce are very ow,oo low IN
fact. "a repay The pfudscei-thd he railway receipts
must continue to decrease for many months 10 come
Some NV focts hayc ro ridTattd In tho rsiarai n.
olut racGc Mail H. Upheld ~ The prospect of the avi
doud 81 IA per cent IT, large bonus prevents decline
IT, stock though TIE ttorenrr The Nicaragua route
aud he prospeci e another opposition from Commodore
Vanderbilt are calculated 10 duntb the pro6ts % the
Ire. Reading Ia been bought ~ by philadephians,
who now il entirely, aud doubtless satisfied with
Their bargain. The New Workers who were whipped in
the hight in doubt who are the most
titled to sympathy the operators who lost their money,
or the operators who got the stock
The following table vii compare tho exports of the
seven principal staple articles for The and year