New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-12-19
MONDAY. Dec. LIP. NJ.

MONDAY, Dec. l5-f. M
With fair amount of business tho Stock m srkst
was heavy this morning, but at the Second Board
after the condition Of the Banks was made known
there was a much better feeling prevailed, aud Erie
improved y cent. There was considerable anxiety
elt at the First Board in regard to the Bank Statement
and portion Of tho decline OF the morning was at
tributabe to the doubts prevailing upon the subject
The bears hogever were It'll sellers to GONE extent.
Erie closed at 35i bid an Improvement Of v cent;
Central was firm at the morning price, Harlem i'm
proved l. Nicaragua, Canton and Cumberland were
steady. Railroad Bonds were inactive and heavy.
Illinois Central fell Off to e2i NewYork Central,
soil Penams, 49, Fries, 1871, esl. The supply Of
yhginias was large, 81, 600 having been sold, clos
ing at sgl. Other State Stocks we're not pressed on
the market The market al the close was quite
buoyent
Tie Exchange market shows no change. The sup
NV Of bills is abundant a, 6asi for Sterling s. l5l
a5.l3i for Francs. The business is limited, and
shippers of produce arc much embarrassed By the
difficulty of negotiating their bills.
The Freight transactions are not large. To Liver
pool we hear Of Grain previous rates, $1,000
bush 1000 bbls. Flour l6ld.; Bacon, &c, 49,;
Beef at previous rates, SC. To London, Dead
weight 1910.
The amount received at the Sub Treasury is s57,-
1874; payment, 81 $40 37 including o. 900 900 trans
fer 10 the Assay Office. The Assay 0fi;e paid out
se7.5is. The Sub Treasury will pay To- n'rros
nearly half million in redemption Of Government
Stocks. belonging 10 the Bowery Savings Bank, and
other parties Over two hundred thousand was paid
&c day to the Chambersst institution for stocks sent
10 Washington on Friday. Nearly sloo, 900 went to-
dsy for redemption. We learn that the Chanbers-s'
Bank has decided 20 send in 81 its remaining Gov
eminent Stocks for redemption, some $500 900, as 1t
ia pretty well understood thai the Secretary Of the
Treasury after his present offer out, will either
NOT renew Il. or If he does, he will Offer lower
premium.
Money on call Il offered more freely to the stock
houses. bu. time .ns are still a. before Ieported
difficult to negotiate. There is better inquiry for
fis.-c.ss paper to-day, AM the rates are lsSI5 v
cent, with an occasional name o. 10 y cent.
As instances Of the great contraction Of obligations
which has taken place among our merch .nts, we
mention ,hs: one dry goods house has obligations
due in all next spring Of less than 600 900, whose
payments last February alone, we're saao, 900. and
grocery house whose payments last spring were
s. OCo to d, 900 per day, have not now single ms
turing obligation aaost.
The Weekly Bank Statement Is very favorable
one; tie specie on hand having increased even more
largely than was generally ant cipsted within few
thousands Of million Of dollars. The very large
payne nj from the Sub ressury and Assay Ofce, on
Saturday, some sooo 900, did not add to the average
| but small enount. The banks must have had in
their vaults at close Of business to day not los thso
twelve millions, and probably twelve .nd-shsf mil.
lions Of doa. in specs. To this will be sdisd to.
morrow, from the sab-Treasury, abou, half mihiou
more to be paid m redemption Of Govetnnen. stock
for account Of the Bowery and othsr Savings Banks