The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-12-31
: Ex-Dividerd.

Ex-DIvidepd.
Within tho past two weeks, there has been a very
great decline in quotations for all kinds of Stocks good
bud and Indifferent. The best State stoc, have fallen
of ssvsrn cent The cause of thi6 decline in the
market value Of the sound dividend p1y,p State stocks
can be found in the scarcity of mon ~ and cond;
ton oil our foreign affairs There have been so many
reports soat IN relation to the Oregon that the
SUCK market during the 4 month has been in a very
'es SKATE ana piices <ery much unsettled. Several
saos nave TAKEN pot ssssion of operators and every
thing hiss been shaki wind, uncertain from what
quarter tho next. squall may Every is
IN os much unc .fanty ever but in the absence Of
nai causes .er ALARM little confidence exists
md it is ossibe for week two there may be
little activity in the stock market and some little i'm
proynment in prices but these political frebrands will
" from time TO time thrown into tho camp, and panic
upon panic will, from time to time be experienced. We
have no doubt but that throughout tho pre- session
Congress, the stock market will be continual state
OF excitement We anticipate a very great contest be
tween the Government and the banks and 10 the
OF political events, the Government places itself in the
power OF these institutions, they will dictate their
terms upon any question in which they deeply inter-
ested This Government Is weak, compared with those
Of Europe, in a financial point of view. With very
limited credit at home and abroad it is placed i'm
mediaely at the mercy Of the banks and capitalists
whenever 1t comes into the market for loan
1t, therefore, appears plain, that in the event Of
a large Government loan being necessary to place
the country in state of Defence the Sub asury bill
would hot be heard Of again. and the modification Of the
tard with eye to its reduction hardly again be au
God to- For this reason, there has been movemen
made to lay aside all legislation upon the Oregon ques
ton at least for the present with the hope that may
be arranged Gf arranged at all) in quiet peaceabl
way, by negotiation.
1t is the opinion Of those who have opportunities
obtaining information upon the subject that there
IL much better understanding between this Govern
ment and that of Great itan in relation this question:
than is generally imagned but that the matter left
open for certain purposes that will in time be better un
derstood Both countries have very deep interest in
an smcatle settlement at this time The subject has
without doubt been prematurey agated, and be
arranged in way very Great Britain deep.
ly interested in a reduction of tariff to the loves
standard and it is in her power that
ducton by an immediate settlement of the Oregon ques
ton more liberal modification Of commercial sys
tenn would be Of value to the manufacturing and
commercial classes Of Great Britain than the whole Ore
gon territory, from ~ to 81 49, II becomes question
whether tho Hudsons Bay Company shall be pro-
ected in the claims they have to the territory in dispute
squaffers than the immense manufacturing and
mercia interest of Great Britain in perecting
cial treaties of favorable character with those
countries containing large markets for their fabrics &c
Inc returns made by the banks of South Catolna the
own OF november, ls45, compared with those Of the LIST
" '"' sumo month, in 1914, were annexed