The New York herald., 1844-12-06
MONEY MARKET.


There was further improvement to-day in stocks both
in quotations and extent Of transactions. S,oningoa i'm
proved Ii East Boston, Harlem. /; Canton 4; Farmers
Iii Illinois, /; Pennsylvania 5s Il Ohio 6s ii Erie Rail
road, !; Heading Railroad fell oft while Norwich and
Worcester, Long Island and Morris Canal, closed firm
yesterdays prices The Improvement in prices anticipated
Immediately after the reception Of the Presidents
sage, has, in measure been realized but the prevailing
feeling favorable that look for further advance
in quotations.
supposed the amount to be paid by government on
the LIST proximo will seek investment in other securities
particularly in sound State stocks and thai the demand
created by this movement will have very favorable in
fuence stocks generally in this market The panic is
about over and operators before them open
field There does not appear at present. in the political
horizon the slightest obstruction to free and fearless
extension Of business Of all kinds. The attempts Of
SPECTATORS in fancy stocks of all descriptions but par
ticuary in the stock Of delinquent States proved
dbortive and harmless Sometime previous to the recent
political contest set Of operators extensively into
the purchase of stocks Of the delinquent Western States
in anticipation of the election of Mr. Clay and the dst
button Of public land proceeds among the States. The
contest having been decided contrary to their expecta
tions became necessary for this clique OF spectators to
get panic in the stock market to enable them to make
up possible Of their losses by operations in other
ances The organs Of these cqes predicted rapid and
complete ruin to tho country quence of the eec
tion Of Mr. Polk and srved by every possible MEANS to
destroy confidence and break down the market. The
leading whig papers in this city, Boston, Philadelphia and
Baltimore devoted their columns to this object but their
Efforts proved ruess and the operations Of trade and
continued uninterrupted, and prosperity con-
tinues TO smile upon The second movement made to
advance the market price Of these stocks was made few
days since, through the columns Of the Cotlrier En-
q,cr advocating the annexation Of Texas, provided
the public lands ef that government distributed
among the States of this Union. We In this
ment fair sample Of the consistency OF these strong
party papers; and these rapid revolutions perfectly
consistent with the character OF these journalism fact
were they adopt different ii would be the ex
treme Of inconsistency. Not having succeeced in
elecng the presidential candidate favorable 10 the
distribution Of public lands, these organs
seriously advocate the annexation OF Texas solely
upon the condition that the public lands dis
trbutcd among the States Ssck obbing s at the foun-
dton Of all these things, and whatever will
advance the interests Of clique Of find ad
vocates in these party journals and are carried out with
the feeling Of party politicians To those who take the
principles Of the party leaders their own these
ments may very strange but when the motive is
exposcdwhen the same influence is brought to bear,
that worked such revolution in the course of the Co,
rsr and Enquirer, the United States Bank question,
the 1t seen, and tho effect gone. Until the
Presidential question disposed of the whig organs
very loud in their condemnation OF annexation hut
that there Is political capital ose and cleo
icns hand they at the disposal OF set of specua
aiors, who would sacrifice every important interest Of
the country for probability of filing their own pock
eta from the spos The influence Of these Journals Is
fortunately very limited, and does not extend beyond
their immediate uelghborhcoi.
Ths revenue cfths general government y subIscslos