The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-23
FINANCIAL AND COMMERCiA!
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MONEY MARE IT.

TUESDAY, Dec. 22-6 r. VI,
There is no life in the stock market Spectators have
about abandoned their occupation and the stock Exchange
Ls nearly Deserted The bears ouinumber the bulls and
che sbsecce Of buyers makes very dull market There
are plcn,y Of sellers but nobody wants railroad stocks
anything like prices and there are not many who
wan, them NJ any price Outside holders are continually
realizing The abundance and choapncss of money gives
greater strength TO stocks than they would otherwise pos
ess aud gives some desperate operators opportunity
10 bypotbccatc on favorable terms Al the first board TO-
day there was universal decline In prices We have not
a solitary exception to report The downward tendency
continued from the opening TO the close Tennessee state
G's fell OF 4 per cent Brooklyn s's a; Illinois Central
bonds 4; Metropolitan Bank -; Pacific Steamship Com
psny, 4 NewYork Central Railroad, u Erie, Lacrosse
and Milwaukee, y Readiog d Michigan Southern, old, al;
do preferred, a; Panama, i; Galena and Chicago Ia;
Cleveland ana Toledo X Al the second board there
nc material alteration in quotations very limited bust
ness va transacted The inactivity among operators
-aut have depressing influence upon prices as the sea
son ad,alct. Tic brokers - the stock Exchange have
tho Geld Of speculation entirely 70 themselves No one
outside has ilas desire g. touch railroad stocks, and
probably viii not until all recollection Of past losses has
beer obllcrateo. Business have been banl.rupted
rs their Investments railroad securities. Nearly every
failure during the present nancs, rsy4on ca be traced
directly indirectly 10 railroad investments The lcs on
which has been so dearly bought will not be for
gotten and no, until Il s We expect very active
speculative movement in that Glass Of securities
The Metropolitan Bank has declared sem arn1a div.
dend Of four per cent, payable January 4 the Seventh
Ward Bank annual dividend Of Eve per cent, pays
Die January2.
The interest on the State deb, Of Virginia will be paid
on the I'd OF January, at the Bank Of the Republic
The interest on the state debt OF Missouri will DO paid
on the I'd Of January, at the Bank Of Commerce.
The Assstan, Treasurer reports to day as follows
Total receipts. sl6I ESQ %
Total payments. lsl ato ~
Total balance .oss,oVo "
The receipts include s52 goo from customs
The exchanges at tho bank Clearing House day were
slacc2 ess 80 and the balances paid seo2,sl1 25
The Emigant Industrial Savings Bank has declared a
semi annual dividend deposits at the Of per
pcr annum on sums Of $500 UNDER and at the
iye per cent all larger sums, payable January Is.
The city OF st. Louis has understand provided Cor
the ntcres, on her debt and $500 900 principal.
The notes Of the g. Albans Bank Of Vermont, and Pah
oaoque Bank, OF Connecticut taken In deposit at
Che Metropolitan Rank at the rates other Eastern
money.
The movement in foreign exchange FOR the packet from
this nor, 10 morrow wednesday, has, far been quite
limited The last from Europe has had the effect OF
making nearly all bills unsaeablc Great distrust exists
in the public mind, and the safest course is generally
adopted. The specie shipmen, will be large Sterling
bills range from 81 to ga per cent premium Some
drawers are asking Oh per cent On Paris We quote
&c 25c &C. lssfc The shipments Of specie from this
FORT and Boston Europe by every steamer is likely
10 continue large amounts. We can well spare IT. and
they want the other side more than we do on This
The annexed i y comparative statement OF The exports
Exclusive Of pecie from New York 10 foreign ports, Tor
The week, and since January IL
1855 1855. 1851
Total for the week 81 ,e31 sol 1,37s2oo l,222Ieo
Previously reported. 66bl0,70 TS,6l5,ss0 1l,O-00o3
Since January Lee. .sos i42 O9j 5e,ssi,09o i22i2s3
The Gu .aso Press publishes statement 10 detail giving