The New York herald., 1851-12-23

There moderate panic day among stock specu-
atos Holders snxiously looking for the Baltic for
more favorable news with the hope that reaction in
prices may be Yesz ed The Baltic is nearly due,
with four days. lGter She will, without doubt,
bring something important, and business of all kinds
win be partially suspended until something def
mite relative to the result of the et0 is known At
the rtt beard to day, there grand rush to get
rid Of stocks frrt There were any number OF sellers
and very few buyers, except among the shorts for
delivery. Erie Railroad declined Per cent; Reading,
IA; Harlem, IA; Long leland, 4; Canton Company
14; Norwich and Worcester, Ia; Morris Canal "a
There large sales Of all the ncies and at the close
prices weak snd tending downward There great
dis.ruft in the public mind, and sheud not be
prised it. in the absence Of unfavorabe
by the Baltic, the market steadily settled down. and
prices touch lower points than have been realised
many weeks All confidence in the future Is gone No
feels dspoeed to touch anything for purposes Of pe
cuation Every appears determined to keep clear
Of s responsibilities and Obligations until political af
fairs brighter sspec 1t is best to be prepared for
emergencies The affairs Of Europe ere in very un-
tetted condition. and know not when steamer may
bring tina. would put prices for stocks for cotton
for real tetste land lotsn fact for every species of
property down ten 20 TWEEN per cent In times like
these the safe IT, Of course the best, and that is
perfect quiet--inactvity.
At the second board the transactions were limited,
without any improvement in prices The bears have,
doubt, svsed themselves Of the temporary panic to
take in their shorts and the profits accrued.
Should the banks become alarmed 1t the complexion Of
politics in Europe and call in their stock loans, there
would be such depreciation in the leading fancies
has not been known for years.
The receipts the ece Of the Assistant Treasurer of
this port, today, amounted to $4,000 payments,
$75ql4 l4-bslance, S26oo,4e5 90.
W. tha fant t6atG
Minturn & Co., Of this city, and highly respectable
firm Of Boston had made arrangements supply any de-
mand for small amounts Of sterling exchange which may
srise frem Eve thllings upwards This arrangement
will be Of great to great number ofour adopt
ed citizens well strangers who sciourn de-
eroue Of making safe remittance to their friends in
Europe. We hope the parties embarked in this enter
prize may successful in making foreign exchanges
work with great facility the highly responsible
banking house Of Clsrks Dodge Co. have been within
few years, in making inland exchanges work from
Boston TO st. Louis, and afording a and cheap
medium Of exchange throughout the entire country
Tie Boston Tube Company will carry the business
hitherto conducted BY walworth Mason, in the
Of the company This fact improves the value Of Edge
worth sgsn lad been feared that the works might
be abandoned Of the failure Of the agents
wan.
The earnings Of the Botton and Maine Railroad the
fiscal year, ending November &c. 1851, follows
Besros MAIZE RAILROAD.
From Hownter 30. 1850 to
Prom Nay 81, isso, 70 Ncvtm.
ber ~, lssl................ s7'ASl l577s3 So
Total, l,........ sess Os5 Is SsO3e6s 40
The dividend paid has been per cent. and there is
surplus remaining the proceeds several years gather
| ing, Of ss5,o32 e.
Tie demand for land warrants has lately been limited
and prices have not been firmly sustained. The pro
bability Of bill pasepg both Houses Of Congress, max
ing the warrants issued and be issued under the
September 1850, assenabe the those issued
under previous sets s the In the event Of hs
there will be greater uniformity in prices without, per-
hsps any depreciation Ct consequence In the value Of
| the old issues.
The report of the Tsasurer Of the State cf Alabama
recently made 70 the Lssture Of that State gives the
annexed general ssmsnt of the condition Of the Tres
| eury:-
| FrSAscrs oy AL.rss.-Rrerprs AND DISBURSEMENTS.
R.ceipts for the fscai year ending Nov. LIST,
BsaDc. in Treasury st date Of last report 5ssols IS
sl,las,44l 81
The disburemen,s during the same period,
were........s Eloio %
Leaving balance Nov Ist 1850 of...... soe37e7 Sc
Receipts during fscal year ending Nov. lst, -
eel......... oooWo 10
s13227A OIL
Disbursements during period ........ 5l3559 %
Balance In rressury Nov lst s5l.,.... sso9lsl e7
In addition TO the above receipts Treasury Drafts have
been received from the United States account OF
pene incurred by the State In the war with Mexico the