The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-02-23
.s.---UxteheIor,a new
>
N u N X Y NJ A IL K j. L.

SUNDAY, req. Zs-O e NJ.
The stock market q little depressed at tbs
close yesterday and should judge from the appear
things in the street that there would be- before
the lapse many days great change in the market of
pnfavorablc character For than month past
holders have with difficulty sustained prices but 1t has
had no influence upon outsiders. 1t is impossible to
draw in elass OF specuistors Whistler prices are
too much iplatedwhethsr tbs future is filed with too
many or MOTIFS than say but
something prevents outsiders from taking hold OF the
fancies and until that something is removed !. will be
useless to attempt any movement Ia the street 1t is
diiou--in fact I'm possibeto work up to
moderate height while there il such scarcity OF out
side spectators in the market 1t has been attempted in
Reading and those cpgsged have fct themselves with
the stock, without the NEST remote probability os
getting rid OF it at anything cost They have beer
csusht in the trap set for Others and hes the
,ishte,t fympsthy for them Erie r. r. has baea gal
vanized three times but it takes such
dous charge TO 1t at alt hat thoss interested must
get up new battery. We have frequnatly suggested
the policy Of appoiptipg committee to thoroughly in
vestgae the affairs OF the Ee Railroad Company, AMI
il those Interested do not in the matter they will
regret it when too late. An attempt has bsen made
since the Injunction upon the Morris Canal removed
to get up movement In that stsck. II was sort OF
epasmodc action, and subsidized Tho fast Is the
have very little interest in th6 canal and
what they have not likely to be or any bene TO them
The prospects OF the canal for The coming sssson do not
partae Of the favorable character that invests
other companies engaged in the transportation Of coal
their works commenced lat year being yet in
finished state and the capacity Of the canal remaining
what it has been for years pa,sthat is small
to earn suicent TO pay expenses and interest. That
their deficiencies Wilt be greater this year than last
must be apparent from the TACT that there remains
~ thptr e-ors nnvtn tan nero nj
annum, and which will absorb sny increased earnings
that nay be made Whe4 this stock is once s5sorbad
the whole smount Icing SLIGO oo0aud the bonded deSt
Of F5oedo provided for by act Of the Legislature
authorizing issue OF preferred stock bearing
before ten per cent interest,", more, necessary to
induce specuatorsor 1t Is tpecuators not capitalists
who buy such secu.itiso- eound calculation may
be made Of what the will nave to earn before til.
abused and defauded old can have chance
Of q dividend.
The fact IT, the spirit q speculation is dormant aud
We zee no way Of Swing 1t lie aud activity Tie REGULAR
brokers in the stree. have to satisfy themselves with an
eighth or quarter per cent profit their Transaction.
and TO secure that compelled operate on their own
account. Evsrythng in Wall street is A. stand sill
and holders Of stocks are anxousy looking op-
portuny to realize without much losr We fear they
will long lock in vain, When we calmly look at til,
eadng fances on tie books of ths stock exchange as
closey anayzc them whom We look back and sec what
they have been for years. and what they nov when
we figure up how much han been received from them Ia
the ,hape Of dividends, and how much OF the dviaend
paid has been actually earned when reflect upon tho
many changes and reveos which the most prosper
Gus incorporated companies Ia the country have expsr
encd ard see how powerful competition ha. become and
now rapidly hircressEg and extending It n enough to
dnguft even the most reckless spsculator and iii the
mind OF every CAREFUL cautious capitals, with all sorts
approximations. 1t 10 matter Of astonishment to
that any be found with enough to carry.
for length Of time any stock about the scundness aud
value Of which there 10 the slshtest doubt Tbs frequent
disapp eintments realized regarding the producne CT
different stocks Is alone sufficient to deter capitalists
touching them than once; and 1t seems to us
that the most prominent farcies the list have been
long enough before the public for their merit. 10 b.
pretty generally known
The steamship Cambria, ct Halifax from rjver,oo,
with four days later intelligence from Europe doe, n.
bring such favorable commercial accounts as We have
ceved by previous steamers The cotton market had h.
come Inactive sgain and quotations were not susinsa
Breadstuns gradually seting down TO price, cur
rent previous to tho slight speculative movement In thu
market. Provisions we're IN better demand The LON.
Ion money market continued easy, and cspitsl wa,
HeRirg employment ct most reduced rate, Of int,re,
eullon In the Bank OF England rapidly and steadily
Increasing. There were numerous indications OF mar
nanent abundance In tho supply OF money Notwitb.
tandrg all thir there nisns of speculation 4,
utice Of commerce, or In any Of the leading stock a.
urcs Of the day. tits curious stat. Of thip,, ard
re cufous TO zee what will be the next u,ovemo,,
n the fpapcia and commercial world
The annexed statement exhibits the best ssfimat. va
~ o'n q TIE d'rbptiop 81 the esyi,a stock OF b,