The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-11-22
F FINANCIAL AND CONNER GAL
HONEY ~ A h X EFT.

The effect OF tho foreign by the steamship Niagara
upon the stock market was Of an unavorable character
Erie and Reading were in pretty active demand while
the others operated in only to Z moderate nj
New York Central Railroad feu Off n per cent; Erie NJ
Reading, 4; Michigan Southern, 4; La Crosse and MI
wauke, i. Illinois Central bonds advanced 4 per cent;
Cleveland and Pittsburg NJ Galena and Chicago, NJ Nil
waukie and Mississippi, T. Tho downward movement In
Reading to-day decided, and the bears appear ds
posed TO put out hong dates The tendency OF the
market generally towards lower prices The European
sdvces mot a al satisfactory, and the apprehensons
Of financial classes both sides Of the Atlantic again
awakened 70 the future. The fact that the directors
the Bank Of England after long session, postponed by
vote further advance In tho rate Of interest om
NOUS and the effect Of this movement viii soon be seen
IN the increased demand for money In London. Tn
fear Of another advance in interest VIII create
anxiety 70 anticipate it. by securing sup.
plies Of money previous 10 any change. The fact that
higher rate Of interest 10 in contemplation will force
the bank into the measure just as IL did before.
At the second bari the market . fraction lower
for some Stocks Erie fell or y per cent; Michigan Cen.
trail Railroad, q; Reading IA Chicago and Beck Island,
e. Illinois Central Rights sold this afternoon at 12 per
cent, cash. the decline In Erie this afternoon 10 At
tsbuted to the complexion Of the forthcoming report
Ihe company reports, We understand, net earniugs
amounting to aboat eleven per cent It's stock, and
reduction Of only about two hundred thousand dollars in
the floating debt. There active movement In
Gskna and Chicago to day. and cash sales made 1t
ll6 per cent This movement u in anticipation OF large
extra dividend in February next It is the policy of this
company to paya very heavy dividend N February.
Iatt year equal TO 1sh per cent La Crosse and
Milwaukee closed this afternoon steady st eighty per cent
cash
The seAmshp Baltic, from this port for Liverpool to-
morrow, Saturday viii take ont about $500 in specie.
The earnings Of the Cleveland Toledo Railroad Com
pany for the six days ending November IA amounted
s27,la7 against $50 7ao FOR the time last year,
showing Of Sc 397. About two thirds OF the
receipts this year In the above named period from
passengers
The Governor Of Arkansas reports the State rapidly
growing population and wealth In 1852 the
o. taxable property amounted to S42 oo that OF 1855
is $7o oi5, showing mere In four years Of s2
s5se64 or nearly 20 per cent, and he anticipates that
with prudence, skill and economy the State will be able
by the time the bonds fall DUE 10 pay them in full, with
out oppressive taxation.
The Assistant Treasurer reports 70 day As follows
Thursday ,a as oss rs & sss o.
The warrants entered ct the Treasury Department,
Washington, on the 18th inst, were follows
For the redemption Of stock .s2e 46T Of
For the Treasury Department. 03,4s9 %
For the Interior Department. .......... S,2e3 Il
Wsv repay warrants. received and entered. 4C4 "a
From miscellaneous sources................. 400 10
The net esrnngs Of the Eastern Nassachusecz) Rail-
road for Eve months ending october 81 sls9 So
against si4573l II in corresponding month or 1864
gain OF s23 3ll 10. Tho company has ON hand to
meet the income bonds due December l, amounting to
$4,000 and the interest other bonds amounting to
$4,000
The Boston Transcript POUNDS the specuations
upon the late export of about Sibo In silver coins Of
the United States TO Havana
By the oct o. March, 1853 the silver coins issued
lion 81 81 per ounce of neacss-tno over
valuation being designed TO the depreciation OF gold
past the mare, price OF silver bullion Of standard One.
bas bees 81 e. per ounce and the appreciation OF
|, o e
production. would now appear that this depreciation
has already met the overvauaton Of our silver coins, In
Havana al least, or the silver dimes will cost hero 81 rs
per ounceaRd transportation.
Tor wn1i purpose tnese dimes required in Cuba Ia
verpmept was promulgated there pro6ibng the c,rcust
too OF United States co because tncy convey Cd The dea
and very Sess Exhibition Of The o. the 70
vernmentTeeardng the designs OF the U0ed States. II
they are designed for bulon would Seem tina. the large
coips--tho quarters and halves-shouk be preferred
Probabilities favor the Idea that necessity, Knowing
law placing these dimes in Cuba for circulation; for
" drained CT their silver coinage ssuei old valu
top by tbs current 70 India and China and oy he use Of
silver N inc arts.
Whatever may be the reason for the shipment these
dimes very certain they arc worth more In Havana
than be and that government must Immediately
resort 10 another and lighter coinage 81 silver.
Many pcrsons suppose the coins 10 be debas be-
low the former standard IN nnencss but the only AsrA
ton In In tho weight-the half dollar being IL grains
below the former standard weight aud Tho smaller coins
In tho same proportion.
We commend III extract rom Western paper, pub.
hed below relative 10 the position and local advantages
Of Caro- illinois, 10 the attention Of readers being
generally correct though have every 70 believe
that The writer Is somewhat In a regards The
enormous Price OF real estate" Lots sold
Cairo from s26o 10 g. 500 each according 10 Aer To-
calty which annely loss than lots well situated
and like business advantages DO obtained
for u Ciucinnsti Louisville, g. louis chicago at any
Of tine principal cities the valley Of The Ohio and Msss
sppi
rho receipts Of lumber At Albany. by cAasl, from the
amazing naxlcation 20 ahe Inat In nae.