The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-13
FINANCIAL AND COMMERCIAL.


MONDAY Dec l2-6 p N.
The news from Europe, something else, has had an
uniavorails influence the stock arkst At the nrst
board day nearly AL the far ciss the list fell off, and
at the adjournment the do inward tendency continued
Canton Company declrsd \ per cent; Nicaragua z;
Cumberland Coal II Parker vsin u; Delaware and Hud
SOL u; New York Central Railroad q; Eris Railroad,
/; Harlem, u; Norwich and Worcester l. Reading Rail-
road, !; New Haven, u Cleveland and Toledo Railroad
advanced per cent There considerable activity In
railroad bonds and the transactions were unusually large
generally at better prices The depreciation In prices and
inactivity La leading fancss attribute principally TO
the complexion Of foreign financial advioss by the
Arctic. In the HERALD Of this morning publshs.
extract rom the London Chronicle OF November 2sth,
giving fair exposition OF financial affairs in Eirope and
the probable effect OF the political movements upon
the uturo Of prices 0nr views cor eide with those
therein expressed and believe the predictions will
be verified The of the Turks in the different
battles fought placed the Emperor of Russia in
very difficult position His are bar TO further
negotiations, and the decided demonstration made by
France and England is calculated to involve the whole Of
Europe in general If 1t is confirmed that Eng
land and France have entered into treaty for the in
date protection Of Turkey and intend demanding i'm
mediate evacuation Of the Prncpahtes by the Russian
forces the bail will fairly opened and shall foon
have startling intelligence from the seat OF active
operations Financial affairs are, tharsfors, In
settled condition. and likely to continue The
movements Of specie from london to the Continent Is
creating good deal Of speculation and apprehension
financial circles and the supply to meet that drain ia
derived principally from this country 1t fellows that
every effort will made to keep up the Mt from this
side It must be done at any aid every sacrifcs and
must be prepared for any emergency that may arise
European capitalists and anancier have disappointed
In the receipts of gold rom Australia, and they de-
pend upon California and the Atlantic States to MI up the
vacuum caueed by the large weekly fsa.itsnces from
England to the Continent. Gu. weekly shipments are
therefore, likely to inc, ease instead of diminishing and
The sSec. UPON the banking interest cannot be otherwise
than unfsvorable.
At the second board the stock market heavy and
lower prices ruled Erie Railroad declined per cent;
Cumberland, ~ New Haven Railroad 4 Harlem, 4 Par.
ker Vein, A. Nicaragua closed At prices current in the
morning The more extsnsivs operations in Nsw Jersey
Fanklnite stock at 75sa *, new company, started
We believe under very favorable auspices.
The East River Insurance Company have declared Z
dividend Of three and half per cent payable demand
The Marine and Fire Insurance Bank Of Savannah has
declared dividend the 9th ins Of six per cent for
the last six months The Planters Bank declared div
dsnd Of Eve per cent for The time The Central
Railroad and Banking Company declared dividend Of
four per cent for the time.
The annexed official statement exhibits the condition
Of the four leading departments OF the New York city
banks November 20, and December 8, and TO- 1853
average amount for the week, and
ton the morning Of the day the reports dated
This prevents all preparations for the purpose of raking
n IN ora AN