The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-02
III u N 4 Y M A II X II t.

THURSDAY, May lie NJ
The stock market opened little buoyant to-
day but the transac lions large larger por
ton Of the operations for cash than usual and the
bears evidently buying in their shorts All the rail-
stocks in moderate request to-day at slight
Improvement in prices Edgeworth and Portsmouth were
in demand and several hundred shares Of each changed
hands at advance Ct fraction prices at
the close yesterday Ii is the impression in the street
that money will be very abundant about the middle Of
May the first Of June and that the rate Of interest
will rule as low at any time during the past year
This may and may not give impetus speculation in
stocks 1t does not follow that easy money market
promotes speculation We have known an upward move,
ment in the nces when money has been worth two and
three per cent per month and dull depressed Of
the stock market when money worth but four and
five per cent per The brokers have everything
to gain by getting up excitement in the ancies
and We have doubt they will contrive in way to
do Outsiders generally pretty clean Of stocks aud
they would, doubt, bite quite sharp If the hooks
properly bat,d They have, however become cautious
and not easily drawn in as in times past
when outsiders full Of stocks It l. for the interest Of
the brokers to depress prices and compel holders to sell
cut. The plans laid accomplish this object almost
invariably succeed outsiders get pretty well used up
when the brokers get the bulk Of the ancies in their
hands at low prices they change their tactics and
cording their ideas then. would think sudden
revolution had been realized in the financial affairs or
every Incorporated company that from the poor misera
bic nothing securities they had become the most
valuable investments in the country. IL makes vast
difference in a mans public opinion whether he wants
buy sell any stock and It curious TO watch the
Of Of the leading operators in Wall street
their remarks from time time relative 70 any
particular security II change actually occurred
often in the condition position 81 any company in
the minds Of spectators relative to the value Of its
shares We should not know from day to another,
what any security in the market worth stocks
well held for rise and in the usual Of Wall
street matters, upward movement should take
place but indications o. such II things
at present.
The receipts at the Office Of the Assistant Treasurer Of
this port to-day amounted to $4,000 Is payments
S4314s 90; balance, So e07 .S0i co
The receipts Of the Long Island Railroad Company for
s12302 o. showing increase Of 81 500 50 this year
The report Of the Mechanics Bank Of Augusta, Geo.
dated April eth 1851 shows line Of discounts Of 81 $40
ca, q which s1ls32G0 in exchange: deposits not
bearing interest s3o9s7G specie $40 2i9 p crcua-
ton sQG2 4SS capital 100000 The dividend declared
the 9Th inst ten dollars per share Of the paper
running and lying only thousand dollars
considered doubtful.
The earnings q the Erie Railroad Company for the
month 81 April in each Of the past years
annexed -
Nrw YoRE ASp Ems RsuHoAb
Receipts frtin passengers and mail So $50 -
I.n. "a fern aIN e