The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-09-22
CO M M ERCIAl AFFAIRS.
MONEY MARKET.

Friday, sept. 2I--0 p. Me-
There was sliaht action day in the stock mar
ket and quotations for Of neirs avansed
traction At the hrst board. United States 1892 wen
up q per cent; Treasury Nstss 4 Farmers Loan, "a
Canton Company n; Long Island a: Reading Rail
rosd u: Reading Mortgage Bosds, u. Erie Us, 1889
fell eff u per cent The transactions we're no. YER
large the improvement, but they were principal
for cash This re action I've anticipate such move
ments usually being the result OF very severe panic
but we have no idea that 1t will continue, or eve
be sustained. There are so nauy holders OF fame
stocks, vhe are anxious to realize that any ad vanc
would call out vast quantities. and force the bulls d
the STIR ct to purchase and increase their line lsrre
beyond its present limit let prices do AZ ain to
lower level This the bulls wish by all IN -aus 30 svois
They do not present holders to realize; but, o
the contrary, they anxious to supply them with
additional quantity at niger pricsa The policy of til
bulls is to impress outsiders with he belief that fame
stocks must advance eight and per cent and tht
II would he the height Of folly sell upon an adgan
OF two. three or five per cent In our opiaion vsr
few of these bulls would hold any of the fanoies
prices three i've per above those now curren
and outsiders should be very careful how the
take the advice of that class Of operators. A
individual having wort hess kind property to sci
is the very last person In the world capable Of giv
honest and disn teresed advice to those
purchasing. 1t would, therefore be well for usside
avoid the bulls, and either judge for themselves,
let the trash entirely alone.
he Poussin panic bias nearly suhsided. 10 has prove
20 be what we predicted-a tempest in a teapot. v
hall be q little more anxious Co what 3 49,
will be on the other side, and what course Mir ....
will purtue in the premises IL Is highly probable
will remain In England, watching the course of event
until the difficulty is settled ne Is ordered HON
Urtil that time, IL IL best TO keep cool and leave
paDics to the holders OF fancy stocks. They ba
enough to shs ke in their shoes when the smae
black cloud appears in the political financial or cor
mercal horizon
The European news has had effect on our market
In fact, the intelligence from Europe, by this arrival
Of such slight importance in ansucsl or commerce
point Of view that it is hardly alluded to in the stree
There had been particular change in the position
any Of our staple products regards prices deman
The receipts at the Office Of the Assistant Treasure
Of this port to day amounted TO So, i64; payment
sld 2c6 81; balance S3,7OS,3G2 IS
The Commissioners Of the Canal Fund BY virtue
the act entitled San act in relation TO claims upon n
Canal Fund and expenses not provided for, pass
April 10th, 1S49 gave notice some days since tn
sealed propc sails would be received until noon Of
2cth Of September, for q loan OF $50 900, for viii,
transit Fable certificates of stocks Vt this State besr
an interest Of Fix per cent per annum payable qua
te,ly and the principal reimbursabe the OF Jul
1855. would be issued the propor ais to be for
whole, any part Of the ssid less than
The bids were opened at Albany yesterday. goth ms
when 1t was seen that ths prices offered were Is a
pexed -