The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-02-21
FINANCIAL AND COMMERC IAL.
MONEY MARK K II.

MONDAY Feb 2o-eP n
Notwithstanding the warliks character OF the new
from Europe the upward emit In stocks cen ues
rAs Bltics advcss made public through tns rs'Al
edition Of the HERALD at IN early honr ana vsfe Won
dss.tsd bv the financial msrsia classes before
businsss hours commenced. The shsst on shs ssook
market IT, therefore, indicative OF the feelings OF spscuia
go. .ns othsrs sfrer elaboration and reflection. The
tnsir,po 90 has OF course differently construed and
N s the opinon Of many that general ID inevitable
We do not agree With that OF the question: bat must
admit that very few gsmsns be presented In favor
Of our position. judge alone BY tbs tone Of the
public and private accounts could not resist the
belief that all negotiations ct end and that it
only aimed for Of the parties to maize
formal declaration Of They will long hesitate about
making that movement; and at present It II dim
salt to tell In the event Of its bsis made which would
make IT, Matters the other side rapidly approach
Ing eliminating pont a.d that fact aloss has been
suoisnt to give favorable impstas to ananaiA affairs
hGs. It 10 this feeling tbst gives activity 70 the stock
xks and those who have based their opsrato npon
Chs psSbaeitss Of protrAotsd gsns 81 throughout
nrops, and the superstition that would prove dis
asous any local interest In this country have simply
nAds mistake, and II they do no. already, the time Is
not far ditant when they win their 1t has
never opinion that European var would asst
- unfavoraby, and nothing In the late news to
create ApprenenGen1 SnroWu praoucAi pusinses
men sntsr into opsrationr both Of financial and com
nsrcal character with conhdsnos snd IL pretty osr.
tain they have no fears regarding the future.
At the nrst board 10 day the transactions unusu
ally large 1T an improvement In prices Sales time,
buyers option made ct very triaing advance
those oasnt for cash. Hudson Central Bonds went
IL per cen:; Indiana LIST Mortgage Boncs n; New IA
ven Railroad, Michigan Central RAILROAD n; New York
Central Bonds Canton Company, Y; Nicaragua IRAN.
~, u; Perm Coal Cumberland Coal y PArksrvsin
Panama Railroad, SKI Cleveland Columbus and oacinnssi
Railroad, \; Cleveland and Toledo u; Erie Railroad
BEADING Railroad, 4; Hudson Railroad, Y Crystal Pa
~ The rise In Panama Railroad stocks within the past
few days has been very rapid week two since IL
dull at par II quite active Of II per cent prsmum
The extension OF this road has recently been rapid and II
win doubtless bs completed ct the day nxsd This pre-
baby Is the Of the rise just realised Ncarsgua
veil maintained and h destined to reach much higher
points. Mere than three thousand shares were sold 10
day. Erie Railroad the card ct The nrst board The
kansActons wore In small lots and principally for cash
psr cent dividend the LIST Of April is talked about
With large surplus. This story may do for ths bulls
srcue but tho bears very inorsduous Such state
snts used 70 10 believed, but they have little effect
Parker Vein has advanced greater per cont than any
other fancy the list and at the close to day active
demand existed
Al the second board the market was wen maintained,
with considerable activity Some OF the fAAcss expert
snoed sighsvsry sght, reaction All the strong stocks
were Arm at prices current ct tina Hrst board
After the adjournment Of the board III. following salss