The New York herald., 1850-05-15
N NEY Ar X ET.

TrEspAs, May Tsp. M.
There considerable activity among the fancies,
to-day without any material variation In prices
lem s in the hands Of the gavanisers and Is under
going few galvanic touches At the first beard,
Reading mortgage bonds advanced n per cent; Canton
Company, y; Mohawk, ~; Reading Railroad, y.
Farmers Loan fell of !. per cent Long Island ap-
pears to have become totally defunct-gone almost
entirely out Of sight The appointment Of receiver
literally killed the stock far speculation is
ceined; and as 1t had any value but that given
by Spectators, 1t viii be very little heard Of after
this.
The receipts at the once Of the Assistant Treasurer
Of thisptrt to-day, amounted to soo,o5o payments,
{6u419;-bslance. s4,Too126 81
At the second board, there was q moderate panic
holders Of fancy stocks and prices fairly caved
In. Erie Railroad declined per cent; Harlem I;
Canton Co. ~ and Farmers Loan lh. There we're
large sHlcs Of Erie and Farmers. The fancy stock
bubble has reached such expansion that the prick
Of pin would collapse II at once
The fancy stock market presents n spectacle very
much resembling the expiring display Of grand pyro-
technic exhibition Of nrcworks-Farmers Loan Read
ing Morris, Long Island, Canton, &c &C. like the mag
niHcent wheels and stars, ani bcngos lights after aE
ring and suffering and dazzling the eye. Of speeta-
tors with brinisncy false as Il wac ephemera are
nov like those beginning to exhibit nothing but smok
ing and bsokcncd remains, accompanied by diaa
srseable odor The only twoexccptions Harlem snI
Ere- thosc still continue 10 Ga and TO sparkle hut u
must coon be over, and like the most brilliant rocket
that went up down dull worthless stick
and for this there good The foundation stone
upon which the late fictitious prices have been built up
for these worthless securities Ia. been California The
late disastrous nom that quarter land disastrou.
IL must be admitted 90 be by all who are not interested
in keeping mp the erAgseraton) has served to cas-,
rio he mi Of mi 10 a..
iou TO realize their apparent profits before the cxpo
sion arrives The growing apprehension Of trouble
ahead. which Is becoming apparent among the re-
heoung portions Of the community appears TO us 10
le well justined-The enormous engagements which
have been entered into here for the purpose Of sending
ventures to California. from whence little or nothing
In parison has been returned thc ridiculouslv
aggrraicd reports 70 the contrary nothwiths, andp
must Inevitably produce embarrassment sooner or
htr In many Instances The loss on shipments have
been IS 20 50 per cent Of the cost and We know of
others where not only the whole invoice was Lost but
feesma'ious made here upon the shipper for 90
p'r cent aud above Now California has been the
sheet anchor Of all those engaged in working up
excite nrnt which enabled them force mp Tho prices
Of ell the wosthless trash of Wall street. fooli-hly
hoping 20 make others believe that because there might
be good grounds for the appreciation Of sound securi
ties that the ntrinsicsly bad would likewise become
more valuable This sheet anchor. IL Is now pretty
clear s about TO fail them and short time will suf
Gee escrc thirgs TO their normal state The
OF exchange too Is well calculated inspire mistrust
The high price Of government stocAs here has on
all orders from abroad, and has even brought back
for sale the result Of which must Inevitably b.
to force us 20 pay part q the heavy balance against
us in co In France, the Bourse that delicate ther.
mometsr of political events is showing evident svmp.
toms Of trouble and distrust. should a war on the
sentiment, -hieh nov appears 80 i'm inent break out
shoud have mplicstion Of embarrsssments that
would force the most reckless spccuator to pause aud
sdoIt for time At least, mastery inactivity.
The Dsnk Of Albany has declared a scmi.annuai
svideu nd of four per cent
Geld deposit certificates 90 No 55s inclusive 81.
nos payable at the Mint Philadelphia
Ths terms Of consolidation Of all the stock property
and sn,ets Of the Apburn and Rochester. and the