The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-03-19
FINANCIAL AND COMMERCIAL.
ZONE MARK r. II.

SUNDAY, March lS-6 p. NJ.
rhs past week has been an active aud a buoysnt
one in the stock market. Prices generally have al.
vanoed, and much stronger speculative feeling aas
appeared than we have before noticed. State stocks
railroad bonds, and some favorts railroad shares,
have been in demand al rapidly improving prices.
The purchases for investment nave been large aud
iae future presents many favorable features. Money
abundant and cheap; the banks easy In t,e
cifefent departments. First rate busiress paper,
such as the banks want, is 'arce owing to the
great contraction of business. The limited amount
If business doing in TIE different branches must
make this arcity permanent, and the ,cumustioa
of money csn find no immediate outlet ex,ept
through stock securities. This uDd 1ubedy, IL the
first cause of the enhsu cement Of Sats stocks and
railroad bonds and win, without doubt, lead ultt
mately TO considerable speculation in the stock mar.
ket generally. Outsiders looking closely into the
character ard condition of any stock they touch and
will net tske hold of anything not possessing real
merit. So loDg IS they exercise this caution, 80
long will they avoid those dangers which too often
beset buyers. There are enough good securities on
the market, with q good margin for an improve
neut, ard the attention of sps ,ulators should b,
confined to that class of stocks. We do not see
any thing in the future calculated to prevent our
having an easy money market. very active revival
of business might in short time create demand
for capital, and our accumulations would become
distributed but do not see the slightest ndica.
items Of revival Of business but on the contrary,
evidences of q very moderate movement. Our i'm
portatons have not been smaller for the season. for
many years, and our indebtedness the other side
Is at present matter of NO consequence good
demand exists in England and on the Continent for
our public securities, and the expectation Of specie
cannot, under any circumstances, reach an amount
of any importance. Our gold receipts from Cali.
fornis remain within our own limits, and add largely
10 our metallic currency. Our banks are In
strong position better fortified with specie than ever
before, and on all sides Of evidences of grow
ing prosperity. We are just entering upon 9 new
growing &c sson, when farmers will provide for
the cultivation Of unusual extent of ground. This,
We trust, will lead to abundant harvest and the
remuneration of the producing classes throughout
the country. good crop next fall would set us
all up again. and remove all vestiges of recent dsas
tiers. It has been many years since the United
States occupied in the financial and commercial
world fuch proud and independent position, and
If we disposed to conduct foreign trade upon
proper principles, we can maintain ourselves as we
now stand. The European war tested our resources
to their utmost, and we have now nothing to fear
from the continuation Of hoslities in the Crmea or
in any other part of Europe.
Albert b. Nicoay's regular semi weekly auction
sales Of stocks and bonds Will take place on Mon.
day, the 10th instant, at 12k oclo,k, ct the Mer-
chants Exchange. The sale OF Fort Wayne and
Southern Railroad bonds will take place on the
22d instant not on the oath, as stated yesterday.
The Treasurer of the State of North Carolina will
receive proposals at his office in Raleigh, until the
14th of April next, for the purchase OF one million
of bonds, redeemsble in thirty years. These bonds
are issued by the State of North Carolina for the
construction Of the North Carolina Railroad andin
addition to the faith Of the State all the stock held
by the State in said road, and the dividends arising
from said stock are pledged for their redemption.
They will bear date the LIST day Of April 1856, and
viii have coupons attached for the interest OF ak
per cent. per annum, payable the fret days of April
and October in each year. Both interest and prin.
ciIa will be payable at the Bank of the Republic,
in the city of New York unless where the purchaser
prefers to have them payable at the Treasury Of
North Carolina. They will be issued in sums of
one thousand dollars each. These bends are by ex.
press enactment exempted from taxation for any
purpose.
The State Treasurer of Michigan has advertised
that the bills OF the Government Stock Bank at Aun
Arbor must be sent in by the 2sth of April next,
and that final dividend from the securities in his
hands viii be made on the 10th May next.
This annexed statement exhibits the quantity aud
vaIue Of cA,tair articles other than foreign dry
goods imported into this port during the week
ending Friday, March l6, 1856