MONEY MARKET.
{"newspaper_name": "The New York herald.", "edition": "01", "page": "p2", "byline": ""}
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The market during the week just closed has been very
much agtated by the speculation that is going
veral Of the railroad ks but the improvement in pri
has been almost entirely confined to the stocks
dergoing the cornerng operation The usual effect ofany
speculative movement in any particular stock is mode
advance in most others in the list oe ntimes
movement spreads from to another until the whole
feel its influence and the excitement becomes great
speculation confined to two three fancy stocks is
generally Of longer duration than when includes the
whole list the Of the most extensive bulls
concentrated upon the three and very great
imitation is usually the result and the period of an explo
sion put off, but the longer the upward movement cont
nues the greater must be the decline when it does
come. The present speculation is confined principally
to two stocks, the Long Island and the Norwich and
Worcester Railroad. There was wide margin for an
Improvement in these stocks and il has been nearly f
not quite covered Quotations have reached point
above what the most sanguine specuator anticipated
and there s the most imminent danger of collapse
any moment Pricesfor both Of these stocks have with
in the past been per cent above those now
ruling and 1t is possible that they may be ex.
ceeded this tme but when advance has been so rapid
the present and whom prices have become so in
Aated, there too much probability Of great and sud-
den decline to warrant purchases any extent at the
top OF the market The market is in very curious
state II will be observed that the sales made on time
at sellers option, range from two per cent be-
low those time buyers option in other instances
cash sales at less prices than those on tme buyers
option.


We annex comparative table giving the quotations
for stocks in this market for each day Of the week Just
closed and for the last day of the week for the
purpose of showing the fluctuations in prices and the
progress OF the speculative going on in some
OF the fancy stocks II will be observed that in
SEVERAL there has been advance OF ave per
cent.