The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-01-23
FINANCIAL AND COMMERCIAL.
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MONEY "a A n X EFT.

SUNDAY Jan. PIP N.
During the pa,t week the endescy prce in the stock
market has been downward The fluctuations have been
very moderate but general thing the closing quota
tons yesterday lower than those current At the
close Of the week previous 1t that greater
difference does not exist There buyers In the
ket AID the bears earnestly and energetcay
at work in pressing down prices Az strange
it may seem, the bear interest Is unusually large Ope
aors for fall do not appear to be deferred BY the
dueed rates ruling for the leading fances. The only
thing that keeps stocks out Of the street the Hrmness
Of holders, but hardly suppose that they will
main in this inactive state much longer II would be
better to let prices down little If there any guarAn
ty that activity weud prevail but there no in
timAtons that IT would have that effect The only way
Is keep the market STEADY possible until the
for speculation arrives when there Is very little doubt
holders will be well paid Tor their perseverance, tho
low prices ruling for the leading ncies that keeps the
faith and hopes Of holders They know very well that
there margin for further Decline and any change
that takes place must be for the better It would not
surprise prices settled down fraction 80 between
this and the middle Of February but that would not
shake our confidence 10 an important expansion ct
very remote period Later intelligence from Europe is
st hand but DO not look for anything Of def
nite decided character Oar next advces viii probably
be but repetition of those have received by every
steamer during the past six weeks and cannot there
FORE expect any relief from that quarter Judging from
the increase in value Of imports must have
active spring trade, which may give impstus
meps in stocks and remove the susgshness which now
hangs lhe incubus on tbs market
Albert Eicosys sssulsr semi weekly ssls of socks
and bonds tales place sontay, At the Merchants Er
change at half past twelve O'Clock.
The directors the York Central Railroad Conpa
ny have declared dividend Of ave per cent payable on
the hrst Of February
The export o, specie from this port last week was only
t. 4 limited extent,
SHIPMENTS OF SPECIE FROM THE PoRr or NEW YORK.
Ship Ca Cod, Hong Kong, specie. IS 600 90
Steamship Baltic AverIosl, gold bars.... 4,loo 90
Previously reported in 1854. ........ 459 2o2 10
Total this year. ,56s, So2 10
This reduces the total to very good weekly average
but the movement thus far this year greatly In
of last The steamship Europa viii leave this port on
Wednesday next for Liverpool she will probably carry
cut ,rge amount OF specie
The Auditor OF the State Of Michigan, in his AnnuA
eport gives the annexed exhibit Of the public debt fund
&c and unfunded -
FIsANcEs OF NicHeAS-PuBuo DEVELOPMENTS AND ExPEy
General Fund bonds, cue May 1850 500 900
Uuyertity bones, due July. 1888. $4,000
Detroit ad Pont Railroad bonis due July 1883 % ol0
Pene'entaIy bends, dusJannary, 1859 ....... 10000
1860. ........ 40 600
Full paid SIS 600 600 loan bond duo Jsny 1888 III 600
Adjusted bonds oue January 1858 .......... 3t3 sol
ACKNOWLEDGEMENTS. ss75, 30I
The part paid Ave million loan bonds outstanding
will II funded previous to January 1854
Bonds issuAble for outstanding tor / / war.
rants "y......,.. 1000 90
Making the total furdsi and fupdable debt not
yer due, ard for the payment OF ~hich pro
The amount due the trust find s....... is6 o5e 10
The receipts into he st ate treasury for thu year
s7f2oT 90 sgsint expenditure Of $500 40 80 leav
rg balance hand at the close Of 1915 075 o. which
will BE- shortly increased BY receipts into the treasury of
more than half million
The entire debt and Liabilities OF the Comm on resth o.
Mas kchuset;s, including ave Millions Of ssrip
rom 1877 TO 1ssl, s58 100 IS
lscrese onrins the ear, ......... l6S, 900 o.
The amount loaned to the several roads amply Sc
cured, and funt hss teen created TO meet III pay
meut Of over 81 100000 OF the bslanca
There remains Of the fun led debt uuptovided
fiI6, 900
And temporary leans or a'sius debt, pro
posed 70 be paid BY State tar ........... $4,000
Total ............ :. ................. 1896 0t0
The property OF the Com wealth inc Idtrg the
curity held for its han railroads and real esa e. Sc
valued At 81 o7q 7ee Amounts to.......Si o9lI S7 81
Surplus resources. ................. A23s,TT 06
III. various productive securities In ths haods OF
resAuer including thoss In the Western Railroad Loan