Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-01-29

EFFECT OF THE FOREIGN NEWS IN
NEW YORK.
The following, from the money article OF Mon
days New York Herald, shows that, in the great
commercial metropolis, the war "panic" has en-
lirely subsidized
SUNDAY, January 25 6 P. M.
The sock-markel closed, yesterday, very firm,
al our quotations, and the tendency OF prices was
upwards. The transactions al both boards, after
the news by The steamer became known, were
very large, and the advance on prices current The
day previous varied from three TO five per cent
This improvement was produced entirely by the
complexion of our foreign advices. The change
in The ideas Of stock Spectators, yesterday, was
very great. II twas generally considered that The
news would be very unfavorabe, and That our mar
kets would be much depressed after The arrival
Of The steamer, instead Of which the advices have
been highly satisfactory and the disappointment
has been 80 agreeable, that very rapid rise took
place in stocks, and confidence generally has be-
come re-established. Private letters from Lon
don and Liverpool give more encouraging &C.
counts Of The present and prospective condition OF
commercial affairs in Great Britain and in Eu-
rope, than we find in our files; and, altogether, We
have not received more important intelligence
from the other side for many years. and coming
as il does al this time, when Congress is in ses-
sion, and Just before the spring business com
mences, must have very great effect upon our
political and commercial affairs-an effect that
will, we anticipate, be attended with the mos, sa-
tisiactory results.
The prosperity of This country will rather be
increased than retarded, BY this lille excitement
it acted at the time as check upon any move
ments out OF the legitimate channel, and nipped
in the bud whatever speculative operations might
have been in contemplation. hn uninterrupted
course Of trade for any great length of time, is
likely 10 derange many Of its ramfcationS and
endanger its prosperity; and We, therefore, look
upon these temporary checks from time 10 lime, as
SO many safety valves, that prevent any very Sc
rious explosion from over expansion.
We annex table giving the quotations for
The stocks in this market, for each day OF The
week just closed, and for the last day OF The
previous week. There was very little variation
in prices, until yesterday when an advance
varying from three TO five per cent, was expert
enced. Desperate attempts were made to break
down The market, but the accounts from the other
side were OF such favorable character that all
the efforts proved abortive.
From the tone Of the leading English journals,
an amicable settlement Of the Oregon question
appears TO be very easy matter. 1t has been
suggested by the London Times, that this question
might De settled by continuing the 49ih degree
from The mountains 10 The Pacific, giving Great
Britain Vancouver's Island, The harbor Of ST.
Fuca, and the free navigation of The Columbia
river. A proposition of'his kind was once made
10 Great Britain by MIR. Galatin, under the adj
minislralon Of MIR. Adams; it now comes in a
semi-oficial share from The Government OF Great
Britain, and We have no doubt some settlement.
approximalng very closely 10 The above division
OF The territory, will be agreed upon. The mild
ness OF the British press in discussing The Oregon
question, is so totally different from that anticipa
ted that those on this SIDE deeply interested in The
preservation Of peace, nave been most agreeably
surprised