The New York herald., 1851-10-29


There is nothing in the stock market to day.
Quot do not vary materially from those current
yesterday Tie money market is gradually but steadily
improving. We do not anticipate such an abundance
Of capital such reduced rates OF interest as have been
experienced within the past two years, but we look for
moderate supply Of money at moderate prices Public
affairs in Europe in such unsettled state that
cannot expect full return of confidence either at home
abroad. We must be prepared to receive by any
packet from Europe advices Of nature Gale ulated to
disturb our commercial relations and interfere mate
rally with the movements of hnanciers In the event Of
outbreak the continent the effect here would at
be disastrous Our public securities would doubt
less appreciate and the demand become more active.
Our export trade would be seriously restricted while
import trade would largely and rapidly increase. The
effect Of the last political revolution In Europe upon
mercantile affairs has not yet been entirely obterated
1t is Of too recent date to have been forgotten ard
another movement Of like character would Of course
produce like results 1t may be considered premature
speak Of these events at this time but they not far
distant ttose whose minds much devoted to local
specuations internal mercantile operations think
The European revolutions of ls4s created great demand
for public securities and oded markets with
the fabrics and merchandise Of every country There
home demand for European manufac-
tures, and for the purpose of realizing cost or any
thing like cost, they shipped to this country In
the event of another outbreak should be glutted
with foreign goods wares, and merchandise; and pay
ment in specie, public securities would be required
While all Europe would be looking for markets here for
their pre- duets, should in vain look for markets in
Europe products; and for the tine, should
be rapidly running up indebtedness, either of
private or public character. The present aspect OF
European affairs in poitral poiut of view, is by
means indicative Of permanency, and whatever change
takes place must be favorable to the republican prn
cpss Of the people One step forward may plunge every
nation into political revuson, which would derangs
and disturb the financial and commercial systems Of the
world, for indefinite period. Our internal aTa,rs
political financial and commercial in a sound ard
prosperous condition, and far they concerned
We have nothing to apprehend but our connection
with Europe, In all except the first named Of these
things, is Of so intimate a nature that aqeced
for good evil by whatever affects the people Of the
Old World We must therefore keep close watch upon
the progress Ct political in every part
Europe and prepare ourselves for the storm 1t a2
piosehes.
At the fr,t board, Harlem declined u per cent New
Haven Railroad a Portsmouth New Jersey Zinc Z. ;
Erie Railroad = Canton Company a Hudson River
"a Norwich and Worcester advanced per cent Long
leland ,. Reading Railroad y. There appears to be a
want Of confidence among operators Since the great
bear suspension, different feeling has prevailed In the
,tre.t and the want OF spirit has been generally
felt at the board The back bone Of the market has
broken and sfer a few weeks we look for duh quiet
depressed state Of things the stock exchange At the
second board several Of the fancies closed heavy Erie
Railroad fell of "a per cent, and offered at further
depreciation Harlem q. Norwich and Worcester sd
vaneed = per cent.
The teps the Office of the Assistant Treasurer Of
this port to day, amounted To s73 "a "a Payments
s6iib 20 Bslsnce, t3,oOs 4p6 o.