The New York herald., 1866-07-26
FINANCIAL AND CONNER clAL-


WEDNESDAY, July 25-6P. H.
The stock market further signs OF returning
animation to day. and kilograms to buy from dispersed
multitude Of spoculatogs at saratoga, Newport Long
Branch and elsewhere being flashed into the street
with the rcckessness which only confidence in high
prices can beyel Tho duness and depression OF Mon
day and Yesterday morning the Stock Exchange damp
sned tho spirits of many ardent asprant in the
for wealth tho watering places, but suddenly It
as darkened the prospect has frightened again. and
che Saratoga acquire fresh charm in speculative
eyes by reason OF profits In Wall street. Tim Bobbn
the dry goods clerk breathe more freely the
probability Of being able 10 stay where he and pay his
hotel bills. Mr. Micawber, Junior, indulge more
confidently In the expectation OF being not only able
defay his current expenses but pay or Of his long
standing liabilities Mr.. Thmblerg the slane duck''
and exmcmber Of the Stock Exchange may hope to
mount the ladder OF gold In day and setts up' with his
creditors to morrow sbuil market is always pleas
ant one for the spra sardnes and selts In Wall street.
II furnishes them with food for the Imagination through
which they disport In lako thousand islands,
with every island monument Of gold destined TO gd
the to earthly paradise which is generally but
oroneousIy, supposed TO lie in ga brown stone 'front.'
the Fifth street affected by the woshIppers
OF Mrs. Gruudy and few others Of contrary pcrsua
sion somewhere up town. II Is painful to dispe illu
sions, bat Wall street generally such victims
70 them that they require TO be reminded that call
flesh is grass" and that consequently hardened
hawk eyed whisksy stopped veterans OF the street may
be "groen" 70 their true interest To mako money
''bun" market however, Is moro than TO make
hay whilo the shines, and who could not
a decent living elsewhere would think IL strange and
his luck hard IL hecould not double his investment in
month In Wall street. Hence Is the devec Of
host Of vagabond, shiess adventurers broken down
merchants and defauItes Of all classes wish TO make
up for previous shortcomings by sudden turn Of good
fortune on the Stock Exchange But there Ia
u fair sprinking Of honest industrious men among
the multitude 1t would be unjust TO sgnatize tho whole
under this unnattoring description When the market
those gentomen. great dcal Of flutterng which Is
generally followed by remarkable emptiness OF pocket
among their number for some time afterwards Tho
Jews commonly the most successful speculatos and
when hard pressed they know how fail judicoasly
ana to turn failure into success, although there
one poor fellow with suspicious crook 10 his nose
who exclaimed the sidewalk preparatory 70
fainng 81 pays everybody and nobody pays me;" but
such instances rare, and there Is reason to believe
ihas this unhappy Individual was to the street.
70 be more matter of fact, seriously think that
stocks beg nning describe the Of balloon
(Which will to rise very much higher before II s
likely TO commence falling All the conditions Of the
market monetary and otherwise, favorable to the
ascension, although the following list OF prices for
leading shares tho daos named shows quo ations
considerably higher already with two exceptions
than they were feW months ago.