The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-31

Will be observed that the above quotations in many
instances exhibit decline from those ruling at the close
Of December, while in Others there has been an I'D.
vance Within the past sixty days prices of all descrp
lions OF stocks have been very unsettled very much
oppressed The causes of the define and the depression
IN hemarket have not been yet entirely they
we're in measure local During the anxiety that ex.
listed to learn the complexion Of accounts from Great
Britain in relation to the Oregon question: our local d
cues were lost sight Of and relief was expected a.
soon as our foreign affairs assumed more peaceful
shape; but when they become Quoted down, was dis
covered that there other for the
state of the stock market.
The attention Of capitalists now 10 turned towards
Washington, and nearly much anxiety il exhibited 10
learn the result of the contemplated changes in the cab
net and the action of the Senate upon the notice resou
tions as existed few days since for the arrival of the
steamer We cannot look for any permanent improve.
ment in quotations for really good fancy stocks until
our foreign affairs become quiet or are permanent
ly settled upon amicable terms
stated that the managers Of the North Branch Ca
NAL incorporated at the last session of the Legislature of
have voted refund the money already
paid upon the stock and to abandon all farther efforts to
obtain their charter and to prosecute their work The
reason assigned s that the unsettled state Of public ar
fairs preciudes the possibility Of procuring money
enough to pay the balance the stock and 10 10 ON
and complete the work.
The Treasurer Of the State of ylvania arrived in
Philadelphia yesterday, for the purpose OF supsrntend
ing the payment Of the February interest on the public
debt There Is in the State Treasury more than sun.
cient amount Of moneyto every dollar Of interest
due on that day This h another evidence ofths ability Of
Pennsylvania to pay promptly the interest the debt
and establishes the credit of that state and
soldy Spectators in her stocks may from time to time
for certain purposes circulate rsporsthst the interest
running to maturity will not be paid when due. but the
fact that three payments have been prompt
ly made. 10 sufficient TO guarantee future payments
The State Of Pennsy resumed the payment the
interest on funded debt while her finances were yet
in very confused state, while very large amount Of
inter est in arrears and while the operation of thu
new revenue laws still matter Of much doubt and
uncertainty Notwithstanding these difficulties the State
not faercd been behind hand farthng in paw
ing each semiannual dividend when due The financial
condition Of Pennsylvania has within the past year much
improved the taxes both those arrears and thoss Ia
We'd under the new laws have been paid more promptv
than heretofore showing that the efforts Of the State Go
vernment to redeem its credit have be en- noby seconded
by the people, and also showing that solvent State m
much more successful in its collections Of revenue than
one delinquent The people of delinquent State be.
come perfectly Indifferent to the payment Of the state
demands upon them They do not feel that anxiety to
qudae their taxes that they would IL the credit Of the
State had never been furnished An ntsrsstpsyng state