The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-04-18

WEDNESDAY, April l7-sP.M

Tho stock market to-day yielded slightly 10 tho pres
sure Of currency changes, and holders manifested
siderable anxiety to part with their investments The
brokers, after tho board little pale, and tho
little knots Of anxious faces who had been
plating the fading margins illustrated pretty plainly
tho pers Of speculation Tho public know but little
Of tho wire puers Of the Stock Hxohsnge-they knew
les Of the ways and resorted to- to get up
tiacsl state Of thnga They would hardly credit the
truth were they to hear IT, TO the things
done there. The human beings congregated tho
corner Of Hanover street and Wall brokers deal
Ing In Thousands Of shares Of fancy stocks daily
Such ides naturally leads TO the conclusion that
capital and credit TO be found In abundance and
that all the dealings are legitimate and proper.
careful investigation into the facts OF the case prove
the entire Absence OF both Of these trning ndispcnss
bes Neither capital credit prevails In any great
abundance, and yet these disin gushed traders vii
manage to blow up stock bubble when the air Is in .
proper condition to receive t-fu Of all kinds Of de-
structiblessurc to explode and to carry trouble
disaster and lors every side We do not hesitate
express belief that this game haA been played with
iess success this year than ever before TIL brokers
themselves the holders Of those worthless stocks
Tho public have dealt In them ess thu any former
period. Tho decline about commencing will da-
mage this class ten per cont where the outsiders will
suffer- I've Heretofore the has always boon the
case.
There is feature In the late speculation worthy
Of particular notice. The Phadelphia brokers have
been the most prominent buyers Of stocks Those
who remember tho usual influence exercised by these
people heretofore, will also remember that they lose
their margins in ALL street Whom they bite sharp,
the New Workers. spare them some-whsn they b.
come little indisposed Why at reduced rates they
are relieved Of their troubles. We commend to the
particular attention Of the New York brokers the fact
that this little amiabls civility will be required Of
them In short time, and they must be prepared to
do 1t up about right.
At the first board to-day, Farmers Loan declined
x per cent; Long Island y; Morris Canal 4. New
Haven Railroad advanced 4, and Hudson River Rail-
road ~, since previous sale AT the second board
FARMERS Loan advanced 4 per cent; Canton Company,
"a Bre Railroad, y, and Reading Railroad, y. There
vas partial recovery At tho afternoon board
The receipts at the once Of the Assistant Treasurer
Of this port to-day amounted to SIS sos So payments
Sll30U So balance $46O6 ola 70.
The steamship EUROPA, for Liverpool carried out q
very large amount OF public stocks consisting prinoi
pally Of United ststes SIS and Pennsyivania 5s She
alsc carried out about $4,000 In specie II IL fortu-
nate thing, just now that have stocks to remit or
we should soon have our supply Of specie reduced.
Sterling exchange closed nrm at oS ~ per cont
premium.
Three new banks are about going into operation In
Boston; the Bank Of Commerce, with . capital OF
$4,000; Bank Of North Amercs, 100000; and the
Haymarket Bank, capital not named.
The Ocean Steam Mill, In Newburyport has declared
. scmhannuA dividend Of three per cent, payable on
demand
The Merchants Insurance Company Of Boston, have
this morning declared semi annual dividend Of NJ
teen per cent, payable demand
The requisite number Of shares In the new stock OF
the Vermont Central Rslrosd Company have been
taken the number having reached about Al 900 sharss
This reeult make the subscription binding on the
sharcholderr and nsures settlement Of the floating
debt outstanding against the road More than COOS
shares have been taken In Vermont and New Hsmp-
oh ire, since the meeting ct Windsor
The Directors Of the Georgia Railroad and Banking
Company have declared . ssmi-annual dividend Of
s3x per share from the earnings Of thu last msnshs
payable after the 18th inst.
The import trade OF Rio Janeiro has net boon very
productive during the past two years, the supply Of
articles generally having been greater than the de-
msnd for consumption. ruinous depreciation in
prices has been prevented by an extensive sIports-
tion to neghborins markets. Valparaiso and California;