The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-12-22
MONEY nIARKET.
Sunday, Dec. 2l-5 4

".
Several events have ranspired during the past week.
tending to depress the stock market Among other
things the accounts from Europe, which of very
interesting character, have had very eat infu-
euce upon prices for all principal staples. The
greatest sufferers by the change in sairs in England,
ara the spectators breadstu Instead of advance
on the other side, and corresponding advance here,
the movement has been reversed and decline Of one
quarter to of dollar per barrel on hor.
has already been en- erienced in this market Present
prices cannot be susa in the lace Oh the
things the other side ah,a those VINO nes 70 feai
Use at current quotations will without doubt live TO re-
pre their want of foresight spoc lators in cotton were
prepared for unvorabe accounts but hose received are
much m ore gloomy than they anticipated Is possible
that prices for cotton in Liverpool will as inc
fever increases and that quotations may be ~
by artificial means and it is further possible, thu
soon as these artificial cease natural MY
be sufficiently strong to keep prices up TO the point
reached. A excitement usually has very fav0ra
BILE influence upon prices for this staple, and the de-
pressed condition Of the Liverpool market on the 4th
inst very good evidence that the feeling among
cotton spectators at least the other sds did not run
very high after the article of tho government
organ had been received In political circles tae
panic ragged very extensively but the movements OF the
commercial classes general the index Of the
public mind the almighty dollar 10 potent in
this age than national honor As general thing, poll
icisns operate political capital and the mercantile
classes for capital Of greater actual value and Of
substantial nature and amost invariably the latter
class carries its point.
Such is the universal Conscience in the psrma Of
the presen. peaceful relations existing between this
country and Great Britain that precautions taken
preparations made to meet the emergencies Of
war by individuals No illusions made by the un-
derwriters of either country to the insertion Of the
clause in their policies although during the dcutiea
that existed between this country and Mexico in rela
tion to annexation the underwriters at Lloyds In sovs
raj instances, inserted that clause. The chances for
between the United States and Great Britain
not therefore considered great they wsrs at the
time, Of war between this ountry and Mexico. We
may possibly such unfortunate state Of
things with Great Britain did with Mexico; but
the result will be favorable and perhaps salts
factory, to both parties.
The excitement among all classes, In beth countries
will without doubt rapidly increase until 1t reaches
explosive point, when the charged batteries will be
drawn and the belligerent feelings gradually oozs
out quietly and harmlessly II may be for tho interest
of politicians in both countries to keep this question
open long as possible; but public opuion will be
manufactured fast that may be brought to crisis
sooner than ambitious politicians wish.
The effect of this disputed question, upon Commercial
affairs in this country generally, is very unav1r able,
and every engaged in mercantile mechanical our
suits is deeply interested in this affair." and cannot bnf
be anxious for immediate ancabls arrangement Of
the matter The value Of all kinds of stock securities
must fuctuate long this question Mt issue, and
many tmid holders may be induced by the complexion
OF political affairs to sacrifice their securities
We table giving the quotations for stocks In
this Market for each day Of the week just closed and
at the close Of the week previous There has been
very material alteration in the quotations for some of
the ancies while the State stocks have been very uni
form. The market closed very heavy, with tendency
towards further decline.