The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-03-09
CoHMBRCIiL iPRLIlh



Friday, 0arch So P.R.
The stock market quite sstivs to day and some
Of the fascies advanced fraction. Reading Railroad
Morris Canal, Erie Rsilrsal and Fsrms Loan appear
10 be the leading speouvs Stocks and the rss real
issd in the nrst tive - ALREADY been enormous.
Within the past three four weeks, Reading stock
has advanced nearly ten per cent equal to thirty
and third per cent prices then currsnt, and Nor
ria has advanced Elk per cent equal to than hfty
per cent prices ruling four weeks sinos The bulk
Of the demand for both Of these stocks from Phila
depha and at present prices the spectators Of that
city will probably get all they want The entire nsvs
ment' up to the present moment, has been confined
exclusively to brokers. They may catch few gudgsons
at or even higher prices but holders nay we'll
make up their minds to carry the stock the public
Will not come In Fancy stocks have their charm
and outsiders are not easily sadaied with them
- in times past. Morris Canal worth cent more
now than 1t was six months ago. 1t never had ana
probably will have any intrinsic value; and q for
making the canal capable of earning any money over
and above its expenses 1t Is completely Of the ques-
ton. We understand that report had been made up,
and was ready for publication but that circumstances
have recently trahspired making necessary to doc
tor" some Of the statements, estimates sc. The hub
BILE may be still more inflated by this nksrsd report
when appears; but the greater the expansion the
more dirastious the collapse. These the only two
fances in which there speculation consequence
but when resction takes place In them all others
will, doubtless go down with them The market ON
the whole, Is in very precsrious position, and may
break down any day.
Government securities advanced day, x per cent,
with moderate sa.s. This has been produced by the
complexion Of political advices from Washington and
the favorable effect of Mr. Websters speech upon the
public mind. The position taken by the Senator from
Massachusetts and the bold straightforward manner
In which he has given his opinions In relation the
matter at Issue, has taken every by surprise and
created considerable excitement In the political ana
financial circles Of this city The fact that organs of
the extreme North and the extreme South approx
mate nearly In their views the great question Of
The day Ia considered most extraordinary. IL is
the less pleasing and satisfactory coming AFTER much
excitement and apprehension as satisfactory adjust
ment Of the points in dispute is almost matter
Of certainty The effect Of the two great speeches Of
TIE ssssionC alhoun's and websters-upon the North
and the South, must be very great. The South will
undoubtedly Be astonished at the position taken
by MIR. Webster, than the North will be 1t Mr.. CAL
houn's views Mr. Calhoun is where he always
he's been this question, while Mr.. Webster has
taken ground, and will probably astonish his
stituents and immediate friends full much tho
people Of the slave States From observation to-
day, We satisaed that MIR. Web.ter has made an
impression puonc mino, OF most
character aud created feeling that win have power
full influence in bringing the slavery question: and all
others connected with it, to speedy and satisfactory
sttlemen Such is the opinion here among the fnsn-
csl and commercial glasses, and We have no doubt
such result will be realized
The Wall banks refuse to receive deposit bills
Of the Dry Dock Bank account the pursued
by the managers OF that institution Ia the recent suit
before the Court OF Appeals. We nov know whs. the
standard Of morality is among the banks Of Wall
street.
The rec.ipts at the oce Of the Assistant Treasurer
Of this port, to day, amounted to sscss5 II. Pay
ments, SIS 45s 20 BAlsnce, S3,70l $50 IS.
D. w. Townsend, ESQ, having entered into mer-
santi. buisss. has resigned the once Of President OF
the Bowsry Bank and, ut . meeting Of the Directors,
last evening Enoch Dean Esq, old and respectable
resident Of city unanimously elected Prssden
In his stead.
We zee by our tsegrsph,c ds,pstchss from Albany,
that MIR Strong introduced resolution into the Sc
nate authorizing the construction OF railroad from
stamford point the State Of New
York. This will be parallel road with the Harlem.
Counterfeit sio's, Of the usnpshre Manufacturer
Bank, at Ware Mas, are In circulation. o. Sage,
President william Hyde, Cashier, aud dated June I,
lsls. Centre piece, three female figures. Bust Of
jefferson the left end and Harrison the right.
The general appearance Of the bills likely to deceive
although entirely different from the true plate.
Notes Of the Delaware City Bank altered from 2's to
bs have recently been put In circulation. and thus
descrbed Vgnette Of the as and altered notes IL
female holding In hand sickle and In the other
bunch Of wheat q, her eide . sheaf, plough, Se On
right end steamboat and the left head Of johns q.
Adams she true Sc wholly unlike these.
The ,choote r Oregon, at New Orleans from rsmpoo,
brought st0,Tt4 In specie.