The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-22

End the shos @ the Beard Of Brokers are merely move
ncn upon the sfsec Of the great financial and con-
meroal ocean which the first brisk breeze d!spcrscs
They have influence upon the commercial manufao-
turing and mechanical classes and are therefore little
thought Il by those whose capital embarked in more e
Ultimate occupations Wall street by the whole
country 1t is true that the snews for carrying opo-
ration the public works of the day obtained
in Wall street. but il is only from capitalists who have
connection with the fancy bubbles Of that locality
that such aid il derived
The fancy stocks most used for speculation repre-
sent many millions Of capital, large portion Of
which lie unprcductye, and likely to continue
The works Represented useful TO certain interests
notwithstanding their Encouragement and imperfect
eonduction. Immense Losses have been realized bat
they have been spread over such long period, and
have been generally distributed that they have fallen
lightly upon ALL and insolvency has seldom been the ro-
suit This Is at least fortunate and redeeming fea
turc in the far the transactions Wall
street concerned there nothing to fear The works
continue in operation and the public are benefited by
them just much-perhaps more-than if they
managed with eye TO dividends. Sometimes effort
il made by clique Of spectators to improve the conli
tion Of particular railroad for the purpose Of at
ing prices in Wall street; and for time all looks bright
and prosperous As the object in view has been
accomplished things fall back again into the old chan
ncls and drag along for months perhaps years, until
another galvanic shock gives signs that there life
left According TO the stories daily put forth in Wall
street would think that every railroad canal mining
Transporting and banking company i'll the country had
.uddcnly become wonderfully productve--that compa
mics which had before earned or declared di,
dcnd do within the next six months; and
that they all had suddenly become most desirable invest
ments at any price The next ninety days viii devclope
results in the stock market very different from those
anticipated
The steamship Pacific, from Liverpool, arrived this
afternoon with four days later intelligence from all parts
Of Europe. The political is unimportant. The
financial and commercial advccs continue favorable.
There had been change in the markets Cotton and
in active demand at quotations ruling at the
departure Of the previous steamer The tendency Of
quotations in the London stock market upward and
greater activity noticed among SPECTATORS
The total value OF the foreign exports from Baltimore
for the week ending Thursday, was Sl04,c99 oG.
Breadstuds formed the principal article Of export, the
Of the week comprising $4,000 barrels Of
-four.
The bill making Bounty Land Warrants assgnable,
finally passed both houses of Congress Thursday by
the adoption Of the report Of committee Of conference
the disagceng votes Of the two branches in relation
10 amendments which had been inserted in the bill by
the House There is to doubt that the bill
will at receive the signature of the President and
thus become law 1t will benefit many Of the recpi-
ents Of this bounty Of the government who. possessing
warrants for land themselves unable to locate them
very large amount Of business has been done in the
Chesapeake and Ohio Canal since the resumption Of nav
CATION Nearly 1000 barrels Of -four and 600 bushels
| Of wheat, together with large amount Of corn rye
rhskey, oats &c. have been received at Georgetown
| and Alexandria. The shipments of Cumberland coal
/, have been upwards of two thousand tons.