The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-12-25
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MONEY MARKET.

Wednesday, Dec. S4-6 Il. M.
The tendency of prices to-day downwards, and
several of the fances fell off several per cent while
others improved. The market continues very heavy
Long Island fell off two per cent Norwich Worces-
tor 8 Penna. 5's Morris Canal Farmers Loan !
Canton went up !; Erie Railroad %; Illinois 6's
while Harlem vicksburg, and Reading closed firm e
yesterdays prices.
The stock market is in very curious state and 1t is
very difficult to tell how 1t has been produced, where 1t
will end, what will be the result. There have been
failures of any consequence among the old bulls and
there appears to be fears of any explosions. The
bulls generally very strong; two weak on
may have been slaughtered during the excitement but
their disappearance has not been observed and
feels the loss There has been great change In the
movements of of the principal operators that
Impossible to tell where they which side they
at work The most extensive SPECTATORS appear to
be perfectly easy under the rapid revolutions prices
and the conclusion draw is that they
well satisfied with the market, and making money
as fast now as ever All the large brokers, hav
ing immense capitals and resources at command,
all times and under all circumstances mako profit
able specuations it is the spectators Of limited means
and limited credit that suffer by these great and
sudden changes They at the mercy OF the big fish
and in majority Of instances find very little roy In
them is anticipated that after the first Of Janua
There is plenty Of capital, and all that is
sary to bring out is confidence in the securities offered
for loans The deposits in banks very large and
the owners Of these deposits will If the banks contract
much farther loan their funds, the best security
they get First rate business paper has been dis
counted in Wall street at the rate Of per cent per
month and if this rate of interest becomes general the
deposits in the banks will be reduced to very small
amount. There has been vast deal of unnecessary
alarm amor private capitalists and stock Spectators
growing out OF the rum Of war; These fears
away with the few remaining when we may expect a
slight speculative movement in stocks.
The interest the United tates stock due and paya
BILE the LIST Of January next will be paid the follow
ing repositories Of the government viz: Merchants
Bank, Boston ssnk Of America, New York Philadel.
phis Bank, Philadelphia Chesapeake Bank Baltimore
Corcorsn Riggs, Washington.
Bills TO compel banks TO pay taxes the minimum o.
their capital and redeem tho liabilities of the State for
the Daren Bank, passed the Senate of Georgia the
18th inst.
We have been shown a counterfeit bill on the Chicko
pee Bank, of Springfield Massachusetts. The vignette
of vignette railroad train, and the right farm
house the left end Of the bill, group of cattle on
the right end standing grain The date Springfield Oct
L. 1871, b G. Warner, Cashier Geo. Bliss President
No. 3sl. The figure is in each corner.
The receipts Of the Harrisburg and Lancaster Railroad
Company, FIR the quarter ending Nov 80 s45 compared
with the corresponding quarter in 1884, were as an.
nexed.