The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-15
FINANCIAL AND COMMERCIAL.
MON Ely MARK EFT.

III
AC the frat board to-day the market heavy, aud
there were indications OF any improvement There
only moderate demand for the fancies Soon after
the board convened it announced that later
from Europe was AT hand, by the steamship Hermann,
from Southampton and operations were suspended
Upon the PRONUNCIATION of the intelligence by this ar
rival advance in quotations for stocks was realized
and more buoyant feeling prevailed. The news by inc
steamship America, Halifax, is considered on the
whole favorable The decline in consols upon the of
declaration of war although greater than might nave
been expected produced something OF panic IN Vhe Lon
don money market but the first depression was not OF
4onU duration They rallied and sold at advance of
a. per cent This Improvement not sustained, aud
The closing prices show decline within week of
81 per cent This enough to produce panic,
ana lint for the favorable accounts relative to the corn
markets would have had similar effect this side Of
She Atlantic Breadstufs had advanced considerably
and as we interested in the prices of and
wheat than in consos the effect here must be quite
couragng As for cotton, expected it would
be sustained in the face of general throughout
Europe; but the impetus protraced hostilities on the
continent must give our manufacturing interests will
than Offset any depreciation in the market value
the staple We have received return Of the Bank of
England by the Hermann, and cannot therefore, show
the variations in the specie department 1t was, how
ever the impression in financial circles that the drain
for bullion for the continent had partially ceased
sequence of the improvement in exchanges favor
England.
AT the first board to-day Canton Co, fell OF i per cent
CIV Jersey Zinc u; Nicaragua, q Cumberland, u Parke
Yin, y New York Central Railroad New Haven Rail.
>ad, Il Erie Railroad a; Harlem a. SA--te'--, -
ana PttsDurg z; Northern Indiana Railroad
fystal Palace advanced per cent with quite number
tsma sales At the second board Delaware and Hulso
INT up q per cent; Crystal Palace 81 New Jersey Zinc
y Cumberland, ~ New York Central Railroad, IL
Reading Railroad q Michigan Central u; New Haven
u; Stoungton, q Hudson River Railroad, q Erie
Railroad, -. There considerable activity at the
second board and the market closed steady and firm al
the Improvement The panic is evidently past and those
who have been selling fancy stocks at great depreciation
with The hope of buying them in again at stn greater
decline, may soon find out they have made mistake
The suspense that have long labored under has
last been removed, and our way through
the mist around us.
The steamship Atlantic from this port for Liverpool
iomorrow-Saturday-wi take out q large amount of
specie. The shipment is estimated at twothrds of a
million OF dollars.
ing market Few of the good stocks offered for sale
al present prices. Parker Vein has settled down to g.
North Carolina has again receded quarter McCulloch
Gold r. The first signs of improvement in the gene
raj stock market would witness immediate rebound
in the best mining fances The bids at the mining board