The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-23
MONEY MARKET.


The stock market continues very much depressed and
prices very unsettled There will be very little done
in TIE stock market until the arrives she is
fuliy DUE and her accounts may be received any
msnt Long Island fell of per cent? Farmers Loan Ii
VicksouIg}; Canton went up per cent; Norwich and
worcester Il Erie Railroad 8; Reading Pennsylvania
- closed firm at yesterdays prices.
The Board of Brokers is becoming again quiet. The
Erie Railroad excitement is subsding and the changes
the question has produced among the members are
der all the circumstances, very proper ones. com.
promise has been proposed between the bulls and bears
II the Erie corner, and il probable that all the difficult
ties which have created much excitement between
the parties in fair way being amicably arranged
The amount involved in this question 10 not large
mas been reported The difference to either party will
not be moro than $4,000, and compromise many re-
duce this to very trihng Had the bulls or cor
been confident in the position they at first
sumed they might have established price that would in
the event ofa decson in their favor upon all contracts
have given the receivers than times at least
the amount now invoved but being taken unawares by
the bold and decisive taken by the leading bears
and the unlocked for proposition convert the bonds
for new stock, they precpitatey established price by
which their contracts to be regulated This price
was 3d. or 10 per cent above contract price, which,
1000 shares, would give the bulls $4,000 At the
time the bears fixed the price fer the stock
&c. or Is cent below contract price, which, 1000
shares, would give the bears $4,000. The question
issue was which of these stocks lawful delivery
The decison made upon a involving only 5000,
and given in favor Of the bulls by tie vote The
other cases still open, and although the principle
involved the it the intention Of the shorts
to contest IT,
One Of the rules Of the old Board Brokers 10 that no
member shall retain his seat long a. he has any out
standing contracts due and not fulled notwithstand
ing which, there at least two membsrs-Msssrs
Graham and Fendin the board who voted against the
shorts, who indebted at the time to some of the
beans interested the question ISSUE This fact OF
ITSELF could be Of very little importance had one of
these Individuals Mr. Graham understood the delicacy
Of his position and been satisfied with quietly giving his
vote according to his views; but the contrary, he
made great sxertions to defeat the shorts and made
violent speech against the interests those through
whose forbearance he permitted act at the board
This was going little too far and the gentleman has
been very justly deprived Of his seat These changes
have given different complexion to the two parties in
the board and the shorts in the majority which
has given opportunity for q compromise which will
without doubt, be made> and the matter dropped.
Counterfeit bills on the Bank Of Smyrna Del. have
recently been put in circulation in Baltimore One Of
the denomination Of Eve dollars, signed A. stockley
cashier, and Isaac Davis president was discovered
few days since. II has been ingsniousy done and well
calculated 10 deceive.
The receipts Of the Western Railroad Company, for
the week ending January 18th instant were a. annex
ed:-