The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-22
FuAHC1AL AND col1mKRcIAL,


SUNDAY, August T-6P. NJ
During NE past week the stock market has expert
eaesds but moderate Huctustioos Tbs transAceon.
have been pretty extensive and the movements have
besn ct times In favor Of both buyer and sesr At the
ciots yesterday the tendency downward and there
WIRE indics items 81 moro business during tbs pre-
sst week. II viii tske time to eon6dsaoe
In the fancy securities u the day and until restored
cannot oKpsct asy permanent improvement In prices
In the event q the money market becoming easier
The recent depreciation In the market value Of stocks
gsosray has been great and the decline has Been 90
rapid that operators, moderately tmid, viii for Aloss
time be particularly cautious and careful OF what they
touch In the shape Of fancy securities After such f
No cannot expect . sudden reaction, no matter how
sSusdant facilities for speculation become Local
causes wi undoubtedly, from time to time occur to do
lay the reoovcry and then must not lose sight Of the
position Of things the other side Of the Atlantic.
Is the option Of some Of the shrewdss observers Of
passing events that general in Europe il almost
certain; that Russia will net recede from the position
she taken and that the other powers az upon any
u!matum requiring the withdrawal Of the troops from
the pncipal,ies, hostilites must be the result All
this however, is matter Of opison and parties
are pretty equally divided the question. All reason
ing al arguments, al probabilities without their
usual force and effect the matter depends entirely
upon the will OF man. and hs act contrary 70 oil
the rules Of national Law and Juice. 1t Is more ques-
ton Of time than any thing else. We see by the most
rcest financial counts from Europe that the value Of
money stesoy advancing and public confidence In
thsSuture rapidly diminishing. This lie omnous- IL Ia
true that the funds the other side have not been 20
much affected this, but ii must be borne in mind
that have for many months been the top1ost nave
Of speculation while In England they have. with ell
the abupdance Of money, been entirely free from
hu~A nccu
mously inflated. There they have been moderately Do
pressed. We have bsen extreme and they on tho
other The effect therefore haze up to this time bssn
much greater than In London Paris 1he stead
ness co par lively of the funds abroad cannot be con-
side ed criterion CT the public Ind TO the Same
tent the market had been largely exrasdsd, aud
snidst the runors Of war prices had been Sustained.
There was rot that us,gn fer depreciation except in
the o open rupture Of the peaceful relations.
We DO not look for immediate adjustment OF the
dicolpes existing between Russia aud the other Euro
pesn powers negotiations may continue for months.
and then be the iesgl The winter may
b consumed In aegccistons AMI preparations Wariike
operations may be active bota SIDES and FINELY tsrni
ancsbiy In the event Of the most unfortunate
result he efforts being made 20 preserve the Of
the world not believe for moment that we are
going to ruined or seriously itju,ed In dosncia
srcisl relations Every element of prosperity
within liIns is in sound and healthy state, and
they likely to DO disturbed deaused by poll
teal movements In Europe. Wrys and rumors Of war
busbeers which have frightened capitalists and
commercial men, and nearly ruined them in sutieipa
tion while the reality has proved harmless It probably
will be again; and those who have enough to
cautiously and carefully regardless Of the panics
which the mid at the appearance Of every little
sptc spot in the commercial horizon viii realize The
truth Of our predictions.
Accord Dg to resent of oel report Of the Eageworth
Land Company the assets, at fair Mutation mako ont
Tire stock 10 be worth then hucdSsd per cent
premium.
EDcEwoE7H LAND AND IMPROVEMENT Co,TAxY