The New York herald., 1845-01-27
MONEY MARKET.


The arrival OF the steam ship Cambria at Boston, and
the receipt Of tho here on Friday evening had
very favorable influence the stock MARKET and the
closing prices show advance those previous
to the arrival OF the steamer In the early part Of the
week the arrival of later European advices daily
looked for with the greatest anxiety and operators re-
fused TO make transactions until the came
hand In consequence Of this business very nac-
tive, and stock quotations daily fell off, The of the
European advces considered unusually favorable the
opinions of the bears Wall the contrary not
whstandng. The accounts in relation to the Cotton
Markets particularly encouraging, and we have no
doubt they will prevent many bankruptcies in this and
in the Southern cities The commercial classes of this
city are deeply interested in any improvement
in the cotton markets Of Europs the very mercantile
existence Of many depends upon present prices being
sustained in Liverpool The prosperity of the whole
southern section Of this country depends upon the exist
ing condition of the cotton markets being sustained
We are firmly convinced that prices for this staple In Ii
verpool have touched bottom-that the supplies from
this country will press heavy upon the market
depress prices either home abroad and the
staple will from this moment be sought after by
and spectators than for sometime past. 1t
being the general impression in Liverpool that prices for
this staple have touched bottom ID stated that specu
latons will take place to extent Should any
speculative take place, will give the PLAN
ters Of this country opportunity to get ride Of their
large stocks at fair prices The abundance Of capital lin
Great Britain seeking employment would very nnd
investment in this staple, could those having the
feel satisfied the staple would not further depreci
ate The remark made by of the leading cotton bro.
kcrs OF Liverpool tina. "fair cotton could not 90
low 4fa per pound matter what the supply might BE-
from this country, TO be fair evidence that there
some chance for spectators in Great Britain
The next advices from Liverpool will be looked for
more anxiously than those by the Cambria,
and in the event Of the rece,t being confirmed
the effect commercial affairs in this country will be
sufficient to revive trade and enable all parties to qui
date their liabilities The whole thing II narrow
ed down to this point. The continuance Of our pre-
sent prosperity, the spread of bankruptcy and rain
through the country depends entirely upon the demand
and value Of great exporting staple in Europe.
Should prices in Liverpool the departure Of the st.a
mer Of the 4th Of February rule below those
the 4th inst may expect another revulson In this
and other large cities that will sweep away many
houses and ruin hundreds Of individuals. We cannot
anticipate break down any thing like that experienced
in 1897 and 49, but wi without doubt be sufRc ently
severe to put back many There are this
city at this moment hundreds of commercial houses tot
tcrng to their centre the existence and Of
which depends wholly upon farther favorable advices
from Liverpool and which, in the of farther ad
vices being unfavorabe, would become bankrupt
We annex our usual comparative table Of quotations
or stocks In this Market for each day Of sstweek The