The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-27
Those who are Amicted-Read.
Navigation OF the Ohio Rive
MONEY MARKET.

The stock market is rapidly improving Prices advan-
ced to-day in many instances per cent. Transactions
were very large aid generally for cash. Morris Canal
went up per cent; Farmers Loan, Pennsylvania So
8; Norwich Worcester, 8; Reading Railroad, IL
Harlem, at vicksburg, Long Island 81 Csnon, Il
North American Trust, Ohio s., Indiana, H. The
impression in the street is in favor of speculative
men to some extent and old prices looked for quite
anxiousy by the bulls.
The appearance of the markets to-day is very encoura
gng to those looking for advance prices. Stocks
Of all kinds but particularly the anciss have advanced
since the receipt of the foreign very rapidly The
sales have been very large, notwithstanding which the
Improvement appears to be pretty firmly established.
Nearly every operator in the street admits that the ad
vices the other side of highly favorable cha
racter although Of them in the face of the fact
and the admission, bearing the market heavily
possible Some Of these operators who the strong
est bears last week. roaring bulls The market
had become much depressed previous to the arrival
Of the steamer and prices had reached such low point
that there very wide margin for advance and
those coming in the bottom stand very good chance
Of making handsome per cent profit during the specu
latve movement Just commenced There appears at pre-
SENT nothing in the political and commercial horizon
likely to create panic in the stock market Of any con-
sequence but the operations Of the bulls and bears
all times have less influence upon prices and
the market expands and contracts the other OBJ
tains the ascendancy
The Mechanics Bank at Newark has declared semi
annual dividend of three per cent payable and after
Monday the and day of February next
The York Manufacturing Co. at saco, Me- has declared
O semi.annual dividend Of 10 per cent, as usual.
The Palmer (Mass) Manufacturing Co. divides Is per
cent for the last six months, which is little beyond its
usual rate Of profits divided.
The Bank of Poughkespse has declared semi-snnual
dividend of four half per cent payable the and Of
February.
The Farmers and Manufacturers Bank of Poughkeep.
sic has declared dividend of three per cent payable ID
February.
The Pine Plains Bank has declared dividend of three
per cent, payable the and of February.
The Clinton Bank of Columbus, Ohio, has declared
dividend of Ave per cent.
The cotton trade of Great Britain, during the past
year, has been very favorable Prices have ruled
very high but the demand for consumption having been
the wants of the spnners have been
fcienty large to give the market very healthy condi
ton throughout the At the opening of the sea-
the stock in Liverpool was large but prices
low that considerable confidence created in the
minds of SPECTATORS and spinners The remission in
the duty upon raw cotton had doubt favora-
BILE effect upon the past years business than any thing
else, coming, did early in the The
ket was not only literally supplied with the mate
rial in the early part Of the year ls45 but the
ravagant estimates in existence in relation the
crop then coming to market. With such an abun
dant supply both actual and prospective prices must
have materially declined but for the extraordinary in
in consumption which, during the psst year. has
exceeded that of s by weekly average Of 5000 bales
aggregate increase of 900 bales In the early
part of the year lS45, money continued abundant and
the manufacturing districts unusually active In the
early par0f the the harvest bid fair of
being good, and trade generally in q very active
state, and prices not only well maintained but the
tendency upwards. As the progressed and
the havests approached maturity the times experienced
change, trade dropped and for time the most gloomy
forebodings occupied the minds Of men Almost BY
miracle the crops saved and the anticipated def.
cheney resulted in fair supply.
The railway mania had very unfavorable effect upon
the cotton market, immense amounts OF capital were
withdrawn from commercial pursuits and advanced in
the shape Of deposits to the agents OF contemplated rail-
road companies The excitement in relation these
investments, and the mania that existed to become q
deeply involved possible had depressing effect upon
the markets. and cotton participated in the universal
cline. The trade purchased very lightly for many
weeks, and what speculative disposition existed prsvi
ously finally entirely disappeared.
We annex table exhibiting the quantity Of each
description Of American cotton imported into Liverpool
in each month In ls45.
Imports AMrRcAr Corro~ ,.ro ,..x