The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-02-14
CON ERCIAL AFFAIRS.
MONEY MARKET.

Tuesday, Feb. 1876 p. M.
The stock market quite active to day. aud quota
tions continue to improve under the influence Of the
favorable European advices. Government 6s, 1868,
went up Ia per Of Harlem, III Long Island, u; Can.
ton Co., n; Farmers Loan, =; Erie Railroad, u;
Indiana g. u; Treasury Notes declined u per cent.
There were large sales Of the fsnciss 1T the i'm.
provsment, and there appears to be any quantity
Of stock upon the market Holders are satisfied
with small profits, and realize and two per cent,
preferring frequent operations and returns This
feeling is indicative Of want Of confidence In tho
present position Of things and in the future. Even
the bulls appear impressed with the uncertainty Of
affairs in Wall street. and are not disposed to keep
themselves very long in the fsnoiss. The bears are
even more iAcreduousthey offer to sell any quantity
Of any stock In the list at current rates. buyers or
sellers option or in any to suit the
time short, cash credit-and they maintain this
spirit In the face Of the most favorable scoeu hts from
any and every quarter.
The recent intelligence from Europe relative to the
active demand and advance In prices for America
securities has not dampened the feelings Of the bears
in the least, and they express strong belief %
ever In the depreciation Of the market value Of Co.
vernment, State, and all other securities. They say
that the improvement already realized, and the diff.
ference In favor between prices here and In Lon
don, Will cause large remittances OF Government SOCKS
to be made and the foreign market for time, will be
over supplied which must react prices This would
depress prices here and give the bears opportunity
to lay in their shorts It Is an unusual event for
prices for American securities to rule higher in Lon.
don, in any part Of Europe, than in this country;
much So that 1t cannot remain for sny length Of
time and decline must either take place in 10 ndon
. farther advance here. EcssHa
On the other hand, the bulls have the present posi-
ton Of things in their favor and have great hopes
relativs to the California gold excitement. Opera
tors Of small means appear more disposed to buy
than to sell stocks they say there every prospect
Of great RISE and but very little chance for any de-
cline Of consequences. The probability Of the recent
adviees from Europe being confirmed, and the knew
ledge that large amounts Of gold their way
California to this port give the bulls confidence, and
induce them To purchase to the full extent Of their
The stock operators have not besn for long
time, In such position as ct this moment. A dsspe-
rate struggle Is going between the two different fsc
TONS and shall watch Its progress With much inte-
rest 1t perfectly immateria to US which party OBJ
ans the aseendsnoy far as they alone concern
ed but the Of depends upon retrograds
movement In commercial affairs, and the success Of
Tho other upon prosperous and progressive state Of
things We by NO means Indifferent to the result.
The annexed statement exhibits the gross earning
Of the Central Railroad Company, for the month Of
January In each Of the past two years.