The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-10
M u N K Y M AR X EFT.

FRIDAY, Jan Go PM
There is nothing in the stock market Prices
current at the first board to-day do not vary aeriay
from tho.e ruling at the close the second board yester
day The transactions show disposition the part Of
spectators to keep the market active and there
IDENTITY anxiety among outsiders to in and take
their chances There is money enough in the street at
rates varying little from the legal standard The banks
have just completed their quarterly returns to the
Comptroller, and they will without doubt discount more
literally. 1t is the prevailing opinion in Wall
street, that money will, during the spring bs very
cheap and abundant and that speculation must
as matter of course become active Wall street has
been quiet for long time There great of new
excite men: in that vicinity Speculation in fancy stocks
acts safety valve and lets of great deal of extra
excitement 1t is actually necessary to get up move.
mept in fancy stocks often In every months
TO give outsiders who have pleh of money chance
st rid OF it. 1t is full Fix months SINCE we have had
much activity expansion the market and it is our
impression rem certain Indications that We are now
upon The eve Of imitation of prices that will relieve
these who have so long and patiently carried large
lots of stock and put the burden upon other shoulders
NO chan ges OF Importance have taken place in the posi-
ton cor dition Of the prominent railroad and
other incorporated companies the stocks which are
continually offered the street in large quantities. but
speculative demand will carry up prices rapidly in tn,
OF every opposlon LII matters little what thePe
stocks worth buyers when in of excitement
nothing about the intrinsic value of security
they look entirely to the chances of getting higher
prices than they paid without troubling themselve,
much about the causes likely to produce such result
1t is no more or less than q species Of gambling
At the first board Erie Railroad declined per cent
New Jersey Zinc Il; Reading Railroad sold at 57-divi.
dend of three and half per cent of. There sales
yesterday at CO.. COS The result Of the payment of
this dividend will be injurious present holders of
the stock 1t has astonished some Of our shrewdet
operators
The receipts at the office Of the Assistant Treasurer
Of this port to day amounted to Ss7 532 AZ payments
SIS $50 i7--balance s1,73l,sO0 So.
The U. Mail steamship Pacific for Liverpool omor
row, (sasurday) will take upwards half
Of dollars in specie This is not large, and the aggre.
gate for the week will be compar atively email Another
steamer from Chagres with later and two three
millions Of gold dust from California will be along in
few days This will largely increase supply Of pre-.
cious meta and give q wide margin Tor shipment.
The demand for foreign exchange to-day moderate.
ly active without change in rates There is fair sup
ply in the market. We quote bills London, 10 1ol
per cent premium; Paris Of Is Of 1885, Amsterdam
Ala a4l1s; Bremen, rs a 7S15 Hamburg, 363< 36s.
Bids for the issue Of Erie Railroad Convertible
Bonds amounting to three millions of dollars, will be
opened Saturday at two O'Clock. 1t the
im ression that they will be all taken at prices ranging
from IS to 90 per 1t is learn arranged to
allow any 10 be taken below the lowest price above
pam,d Tie company have fixed minimum. and those
who particularly anxious to get any of this new issue
OF bonds. Hutt govern themselves accordingly
The Empire bank. in Broadway, organized last
evening. by Appointment Of ex Governor VIM. G Bouck
a. President. and Mr. Kierted as Cashier. Mr.
jane, Puidy. late Of the Custom House, has beeusap
pointed first Teller
The Ohio Lite and Trust Company have declared
semi. annual dividend Of four per cent
The Greenwich Savings Bank hos declared the usual
semi annual dividend
The annexed mt exhibits the value OF merchan
export from this port during the month Of Deem
Der 1851 distinguishing the destination and extent Of
shipments to each country
COMMERCE or THE PoEr NEw YoRK-ExpoRrs FOR
DECEMBER. 1861.