The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-06-17
MON EY MARK II.

MONDAY, Jan. 10 L. NJ.
The stock market opened heavy this morning We
have no. noticed much apathy the part of specu
ators for long time, and there appears to be dis
position to purchase. Holders Of stock generally
pretty firm and appear by means xous to sell;
bat there Is demand for speculation, and Il would
not surprise II prices under this state Of things, gave
way The leading railroad stocks will hold their in
the face Of inactive Market but the weaker class Of
fancss require excitement in the public mind to
sustain the least imitation in prices The immediate
of this depression in the stock market does not
appear. There has been change in the position Of
financial affairs money continues cheap and abundant
and there has been falling Oft in the proauctveness
Of our railroad companies with two or three cxcep.
tions the market price Of every stock the ist Is
below it's intrinsic value; and 1t will be seen by COM
parison, that notwithstanding the speculative
ments from time to time in the market, stocks
generally rule but little above prices current twelve
months since. During the present activity Of bust.
and the mania for travelling railroads must rapidly
increase in value Investments and therefore matters
little with those not compelled to put their stocks upon
the market what local influence operates from time to
time to dcpress prices II il natural enough specua
realize profits and their doing may temporarily
depress the market This is usually experienced after
steady improvement for several weeks but the same
class Of operators in again after prices have fallen
of two three per cent and the imitation becomes still
greater than the previous The excitement in Read
ing Railroad has nearly subsidized Prices have fallen
back about the starting points When proper level
has been reached, may look for another movement
similar TO that which has just terminated Harlem Rail-
road fell of to-day half per cent Present prices will bring
In large number Of buyers and the stock will be-
better dstribut ed and fall into stronger hands
This stock cannot remain long at the low price rul
ing Long Island was little better to-day There Is
Offering ~ consequence and he probability fa
there will not be a; prese nj prices.
The receipts the Office Of the Assistant Treasurer Of
this port to-day amounted to S62O7o payments SOL 1853
50-balance s263S 62G OF
The shipments Of specie continue active The London
packet ok out day S145 600 silver and the IIavre
packet took out $4,000 in gold. Large engagements
have bten made for shipment by the steamship Asia
Wednesday. and the steamship Pacific on Saturday
The Hayre de Grace Bank farce IL a. an end The
trial at Eikton has terminated in the acquitta Of
the parties indcted and the probability is that all the
others implicated and indicted will escape in similar
way or be tried all Some rich and curious de
veopemens made the trial. report Of which will
BE- in another part this day paper II viii be
that the fnancer engaged in this Havre de Bank
the that figure in the susquehannsh the Je-
high the Plainheld the Delaware Bridge and the State
Bank q Morris and that Of their financial opera
tions are Of the most extraordinary character The
facts presented upon this trial may be laughsble to
those not interested In pecuniary way but u IL a
serious matter TO those who have been swnded by these
seoundrels The description given of Charley Wood
sembies a good deal celebrated fnancer who has
operated pretty extensively In this neghborhood
ones altered TO nyes Of Eagle Bank Brighton Monroe
county New York have made their appearance in Alba
ny The appearance Of the note is different from the
genuine that little s only necessary TO detect the
imposition The centre vgnctte Of the genuine ves is
large fpread eagle With the motto ~ purbus Unum'
hanging from its hill The altered note has only small
eagle With the motto and each side of the vignette
separate die-the right female figure In reclining 20.
sition by an anchor, and the left dog 10 watching
attitude. These are not On the genuine plates
The earnings lof the MichigSr Southern Railroad
Csuysry, hT The moth q Ea!, Issi, s,.eY.424i2
-