The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-03-15
FINANCIAL AND COMMERCIAL.
MON EY MARK 4 r.

FRIDAY, March l4-O L. Nj.
Quotations for stocks touched lower points to-
day. The great movement to-day was in Nicara-
qua Transit, and prices were in q very unsettled
state. Before the board this morning sales were
made at l2a per cent, but at the opening IA was
bid, and at the close l45 Is per cent were
the ruling rates. The transactions before the board
at the board and after the board were LARGE princi
pally for cash. The official accounts received by the
Northern Light of flibuster Walkers operations
confirm the worst apprehensions. There is no
doubt but that Walker has been deceived in this
matter. The parties who have induced him to
commit this breach Of good faith are now ready
to sell out for high figure to the company
they have superseded. 1t has been fr0m the be-
ginning a stoCkjobbing affair, and when the his
tory of it is written some individuals who have
heretofore occupied rather equivocal position IN
society, will be presented in their true light The
acquisition of money does not always carry respecta
bty with it. 1t is unfortunate for the progress OF
pure republican principles that such agents should
be made use of. The elements necessary to secure
the blessings of such government can never be
found in q alibustering adventurer. We can
not tell, in the absence of Commodore Wander
bilt, what course the Transit Company will
pursue in this matter, but in our opinion it
would be the wisest policy to withdraw the steamers
from that line at once, and leave Walker and his
confederates entirely and alone in all their glory.
Cut off all communication between him and civil
cation and leave him to fight it out with Guatamaa
and Costa Rica The seizure of the Transit Compa-
nys property and the annulment Of it's charter has
been done for the purpose of raising money. It is
a conspiracy, in conjunction with some "highly
JoS,C hopk tn Ia tho
Transit Company pay over large sums of money to
fill the pockets of the cormorants and to sustain for
a time longer the Walker usurpation in Nicaragua.
We have full faith in Commodore vanderbilt's judy
ment and resources With mind equal to any
emergency he may, upon his return from Wash
ington be prepared for instant action. An imme-
date withdrawal of the steamers from the
Nicaragua line, would meet public appreciation.
The public mind is highly incensed, and no act OF
Walkers since he set foot upon the soil of Nicara
qua, has been so universally condemned. He has
completely alienated the good will of our citizens.
He must hereafter depend upon his fellow labor
ers for funds to carry on his short lived govern
ment. No others will trust him, and we do not be-
lieve they will. He has completely damned himself
with all capitalists.
At the second board the Transit stock opened at
l5a per cent, and closed at l42, cash. Between the
boards it sold as high as l6 per cent. The excite
ment in Nicaragua affected the market generally
unfavorably. Cumberland Coal fell of per cent;
New York Central Railroad !; Erie, Z; Michigan
Southern, J; Reading, ); Panama, 4; Galena and
Chicago, }; Cleveland and Toledo, II; Chicago and
Rhode Island, J. There was a sale Of Michigan
Southern Sinking Fund bonds this morning at s.
per cent, cash. Illinois Central Railroad advanced
per cent.
After the adjournment Of the board the following
sales Of bonds and stocks were made at auction by
Simeon Draper