

TO the Inha bitants or New Jersey -Tak,

MONEY MARKET.


Sunday. October 26-e p. M.
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During the past week there has been more specua'
ton in stocks than have noticed within the previous
month The bulls and the bears have for the past two
or three weeks been engaged in severe contest for the
ascendancy; and the bulls have finally trumphsd Some
of the heaviest brokers in Wall street have for
lime been operating for decline in fancy stocks, while
two or three large houses aided the Of
SPECTATORS, have been working for an advance The


times being favorable for improvement in prices not
only for stocks but for every thing else the bulls have
proved too powerful for the bears. The advance
been too rapid to be permanent and unless reaction
takes place. there must be reports Of explosions in the
street II lis possible that the bulls may permit through
out this week. slight decline In prices for the purpose
of enabling the bears to strengthen themsevss that
they meet their contracts at maturity rise Of be-
tween four and Eve per cent in such stecks Long
Island, and Norwich and Worcester, in less than
wees is sufficient to break down the wealthy ope.


tors Sales Of these stocks for the past onth have
averaged several thousand shares daily and contracts
to large amount made at the lowest state of the
ket are becoming due every day. upon which there
losses to those delivering Of from three to five per
per share II is therefore for the interest Of the bulls
and of those having stock coming to hem to keep prices
to point within the Of those heavily indebted
prevent the market and those operators from break
ing down.


Prices for many OF the fancy stocks higher now
than theywere at the turning point in the last speculative
movement, and the reaction that must take place,
will without doubt be limited than the last so that
the turning point 9 the other extreme will be made be-
fore prices 60 down to the former line Every specu
tive movement goes little beyond the previous one,
and in this way prices ultimately become inflated
much beyond their real value, that collapse takes
place. and the bulls and the bears fall together.


It will be seen by the annexed comparative table that
prices throughout the past week have been steadily but
gradually, improving; and some in the list closed ut
prices several per cent above those ruling the close
of the week previous For the past two three days.
the bulls have had things in Wall street all their own


