The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-28
FINANCIAL AND COMMERCIAL.
NONE MARK e r.


rs bears had things in all ali their way this
morning The European news, by the steamship ps,ac,
had Depressing influence the market and quotations
20 day show city general decline At the first board Flo
renee and Keypor fell on i per cent; New Jersey Zinc,
X: Nicaragua Transit, X Cumberland Ocal y; Parker
vein y New York Central Railroad Z; Cleveland and
Cincinnati Railroad, Cleveland and Toledo Railroad, Il
k1e Railroad, Ia RArlem, "a; Norwich and worcester
~; ReAdirg Railroad, Hudson Railroad, i; Michigan
Central Railroad H. In railroad bonds there vas very
little activity without change in prices We know OF no
other cause TO attribute this depreciation In prices TO-
than the co uplexion Of European Advces particular
" those the seat Of appears to DO the
prevailing opinion that general throughout Europe
10 inevitable and in that event. must look FOR an &C
I'VE drain Of capital from this country In the shape OF
spscie Whatever may be the ultimate eject on the
treat interests Of the United States, OF general
war IN Europe il De denied that the Immediate
eject win be rather Injurious than otherwise
The Seventh Ward Bank bls declared seui annual
dividsaa Of four arc hal per cent the Bank o. Anne,
rica four per cent.
The demand for sterling exefnye, for remittance by
the steamer nom this pOr, Liverpool tomorrow, has
thus FAR been Only % . nossrsss extent. We quote
bills London 81 j. /. e. Per cent premium The
Aria will take out 4 Ar<. amour, o. specie.
TIE recspts the oes Of he Assistant Treasurer TO-
day amounted slsl 90 90 paid tlo4 766 54-bAAnee
"a, $780, 37 60
The last apnusI report q the Central Railroad and
Banking Company Gated November 2s, shows line o.
discounts amounting SSls o23 deposits, $685. 255; cir
suton 1904 specie, ss4 22s. The railroad AID ap.
performances put down Al .s5 6b6,s5s the earnings
for the year $685. 49, stock other psne s50 500
The Governor Of Tennessee 10 his message 10 tbs Less
hture Of thst State, the Liabilities Of the
treasury thus -
re ebt s3.S0t, 500
Bonds issued 10 railroads Observation-Disclosures. a46 900
q s. surplus and school fund ! $40 SO
Total 81 267, ISL
The prospective liabilities authorized by internal i'm
bills already passed. amount to about IS ooo
800 and If the Internal improvement bill before the
Legislature should become law, it viii add add
Hona So 400 COO to the sum- making total State lis
bity Of SCI 667 49, including It's present and prooec
tive debt The amour. of county and city indebtedness
BY the OF bonds is estimated At about So ooo
Of the present ndeb ;sdnees OF the State 500 was
Incurred building pike roads The annual interest
pA thereon SCI &c., while the amount received there
is only SIS log per annum, thus showing IN annual
lpss Of SAC 1888 On the investment.
We alluded day or two since to the Illinois Central
uAiroad the sound nature Of the securities which
offers to the public. The next largest work of the kind
n the country the Erie and the contrast between the
Two Is strong The Erie is AGA miles, and has cost
sut bonds gotta ted at loss Of 81 600 900 discount
and extra interest and secured the road and its bust
>ese only some OF the bonds mortgages upon the
soad some upon its income and some convertible into
stock. The Illinois Central Road, 670 miles, Is all
u.ded and its iron AL purchased well as the ties,
snd the whole road far progrs that s nple
Ton for ST. oOo per cent constr uction bonds
. certain Not dollar was issued under par, or
ng paid extra interest The security Of the whole
= two million of government lands, worth more
MAN the whoe face Of the bonds a present prices in
addition to the whole road and its franchise and the
apial stock Of the company Of ten millions of dollars
When the 900 900 sold snc the proceeds Ap
pnsd to the bonds there remains the road and the csp
I'll in addition The security FOR the $4,000, 900 Erie
bonds only item, viz 464 miles of road that for
Sal Goo 900 Of Illinois is e70 miles of road, 100000
acres So coo ,.s If the Erie sny security
ct ALL the Illinois presents the most perfect Of human
sonaterss.
The annexed statement exhibits the quantity and value
Of certain articles exported from this port during hs
week ending and including Saturday Dec a. 1853, dis
Aguishing the destination and extent Of shipments to
soch place.