The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-29
r FINANCIAL AND COMMERCIAL



"WEDNESDAY, Jan 2s-e NJ.
The news from Europe together with tue feyerish
apprehension that exists amongst ihoughtful mon OF
approaching demand tor money, In Of the natural
sources Of supply, Is protac marked effect on the
stock Exchange Business IN stocks diminishing.
The dispositIon time contracts tor is daily
becoming less. Some lev sto,ks, speculaed In by the
who known 10 understand them, aud who
them for their private purposes are maintained and In
may be quoted shade bet,or. Again. there
are stocks which have been introduced into the
london aud Continental markets which have advanced
sncc arrival OF the Atlantic aud Persia Tho Amor
agents In London interchangeable In prod ueng the
ben, effects American securities, their letters aud
circulars show while they do their 10 encourage
holders at home that . growing and reliable
ket exists abroad With the sime industry the organs
OF Wall street continue TO dstert the truth whenever
and wherever an influence can be exorted In favor OF
tho holders and buyers OF all any kind OF stock
known al the Exchange In the face Of all their
the demand Ia daily cimini-hag Bonds particularly are
difficult OF sale, and Their condition msnestly the
index Of public sentiment Investment In rsilrosd
ties Ia at siard sul all over the country, only 10 be
vves when better and sounder method Of management
Ia Introduced, and when presidents aud directors quit
Wall street and hold their meetings for the legitimate par
poses Of economy and prudence the works themselves
instead or the prevailing one OF doing everything and
any thing 10 help the market price. Money has moved
easier under steady bank expansion Tor dau
The period then for higher prices he's been reached AMI
yet prices fall All the favorable news which has been
auxiousy looked for from Europe has arrived and
Is met by . solemn gathering Of the Stock B,srd.
without any result but . diminished trade and q
falling market. All these results to be OK.
pccted when the unnatural condition Of the stuck
market for some months past 10 considered.
ala ar
to be found in the severe Of extraordinary
win or, aud the wise policy which demands . reserved
fund 10 meet the exsene,es Of time, has been d.
regarded in order 10 promote the specuaions or the
hour. Hence must encounter the fresh demands
for money 10 repair the disasters OF the month OF Janu
AIRY, and In this way 10 swell the floating debt Of nearly
every road In the country They, however, who cosn
gel prudence and wise economy In railroad manage
ment are ssd to be enemies OF public Improvements
II will be seen long who the enemies and who
the friends Of these entcrprses--hey who toll 10 initiate
the msrke, price favor the schemias seller or
they who, Will proper regard and for the public
interest, hold the truth up 10 public view and who ID
rnonish the trustees Of the oommuuty-presdene and
directors OF compancs-to adhere 70 sound principles
and let the spectators take care OF themselves.
After the Adjournment, OF the board the following sales
Of stocks were made at suction
10 shares Atlantic Dock % ......,,...,,,.......so.
40 do Hydevie marble Co. ........... per snare %
10 do Western vlrenis and Kentucky y. X Co. 20
Albert H. Ncolsys regular semi weekly sale Of stocks
and bonds will take place 70 morrow ct lax O'Clock Of
the Merchsnu Exchange Among The other valuable 90.
curi,es to be offered viii be found $3.50 shares Of the
New York, Pennsyvsnis and Lscks~anns Coal Com.
psny an association located in Luzerne county, In the
Lscsawsura district and the properly OF which Is ,ad
70 be very valuable. Tho catalogue also include ITO
shares Of Pacific Bank stock.
Az the second board the market was Inactive, and
lower prices ruled The European news Of chNaoter
calculated TO make stock spectators particularly pru
cent The operations were very limited this afternoon
and after the board the tendency Of prices down
usrd.
The Assistant Treasurer reports TO day as foiows-
Ios rtcepe.. kkl6elo 50
Total payments. ass 63s 10
losi psshce.. As So
The receipts TO day include s2b coo for transfer dr.ns