The New York herald., 1844-12-11


Stocks all down to day stonington fell eff per
cent? Norwich and Worcester, &; Harlem, 4; Mohawk,
4; Canton, Ii Long Island /; Farmers i; Ohio 6s. Il
Illinois, Ii Morris Canal iTexas Bonds are per cent
higher than the ruling rates yesterday.
The stock market is in very feversh depressed state
and from present Indications we should judge 1t was
likely to continue Our foreign relations are in very
unsettled state, and until they satisfactorily ar
ranged commercial affairs generally must be unfavoraby
affected This the principal Of the steady
decline stocks have experienced and admit there
seems be more grounds for panic among operators
since the meeting Of Congress- than previous It is i'm
possible to tell, under the existing complexion Of
fairs with Mexico and other powers how soon an open
rupture moy take place, what parties will be nme-
diately concerned in the movement Another OF
the depressed state Of the stock the great quan
ty Of securities good bad ond Indifferent the street.
in the hands of peculaors unable hold only from day
to day This compels forced sales which the take
advantage Of and create gradual decline in prices It
ia the opinion of many shrewd, experienced operators
that prices have much further to fall before the bottom Is
reached Even the stock obbing press quiet afraid
of advancing opinion and ogtating the subject The
difficulties under which the eques they represent labor
are much more serious than they disposed make
public hence the silence Of their organs The existing
state of public affairs Is sncomprehensble and the result
Of the movements maturing looked for with the greatest
anxiety 1t ispossble that the United States destined
to make noise again in the world, and it is possible
thunder may be heard in quarters little dreamed Of
Any rupture with Mexico, OF ITSELF would be Of the
greatest iusignfcance, and the only importance that
might be attached it, would arise from the probability
Of other powers becoming involved in the difficulties
All these things affect the stock market and Ill the for
tunes of the bears
The Savannah Insurance and Trust Company, hos de-
clared dividend of 6ve per cent their capital stock
Tor the last six months which payable on and after
Monday next.
The Marine and Fire Insurance Bank of Savannah has
declared dividend Of four per cent.
The Exchange Bank of Lockport has passed into new
hands-Henry Harvey Esq and other capitalists of that
place. Mr.. Harvey the presidency, and VIM T.
Rogers cashier.
We annex statement showing the receipts Of the
Reading Railroad Company for November, this year,
compared with the last.
PHILADELPHIA AND READING RAILROAD.
Receipts for the :. month Of NSvembsr ls.. %
cosoes e rent: &C. GD. The Sam: s
Making the actual nett receipts Of the road for
the month Of November, 1914. ......... SOL 02l 10
This, however, is net fair criterion of the monthly
receipts the referred to do not come in regular
y. As the consumption Of coal increases, the produc-
veness Of this road must improve. It requires very
great income to pay expenses dividends &C of this ne
and may be time before dividend is realized but
this must eventually with every other road in the coun
try, be good investment.
Foreign exchange IL very quiet prime bills we still
quote at 81 10 per cent but conceive pos
sbe to sustain these rates The rtaons have fallen
off largely, while exports iron the South are in
creasng so irapdy that exchange must soon rule at
prices much lower than those now current.
Domestic exchange continues very inactive. There
al x..th. 49, IL
when commercial STAIRS were in q prosperous state
that there little demand for internal exchanges
and when rates of all points ruled low or were so uni
form for such length Of time We annex quotations
now current in this market. remarkng that so far as
drafts the different points concerned there has not
been variation in rates any point of more than one
per cent within the past eighteen months