The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-31
FINANCIAL AND COMMERCIAL.
MONEY MARKET.

WEDNESDAY, Dec. 30-G +. nj.
There is literally nothing doing in Wall street or
at the Stock Exchange. Quotations for stock show
an irregular feverish state Of the market but the
extent OF business il so limited and the number OF
operators engaged so small that no opinion can be
formed regarding future movements or the probable
position Of prices from one day to another. At the
first board today Missouri .6s advanced per
cent; Cumberland Coal. {; New York Central Rail.
road, 1; Erie. 1; Reading I; Chicago and Rock
Island, 1; Ia Crosse and Milwaukee 1. Delaware
and Hudson fell off 1 per cent; Michigan Southern.
(old), /: Panama, /; Chicago, Burlington and
Quincy, 1; Harlem, I. AT the second board the
market for some stocks was little better, but there
IL no business at the board and II i hard work 10
keep up even the present poor show. Delaware and
Hudson declined per cent Michigan Central Bonds
4. Pacific Steam Ship Company advanced B. Eric,
1; New York Central. !: Chicago and Rock Island.
4: Ia Crosse and Milwaukee \: Reading. l. The
money market continues abundantly supplied with
capital and not the slightest difficulty Is realized in
placing stocks with satisfactory margins.
The Assistant Treasurer reports to-day a. fol.
lows:--
Total receipts. s2sit3 81
pay tuen's. ........................... 1ikl0 80
balsuce. ,is9o5i o.
The receipts today include s21 900 from customs.
and the payments include $4,000 in California
drafts.
The steamship Canada from Boston for Liverpool
today, carried out $3.50 900 in specie.
The coupons OF the farm mortgage bonds Of the
Madison. Fond du Lac and Michigan Railroad Com.
pany due Jan. L. 1855 will be paid at the Broadway
Bank on presentation on and after January 2 1858.
This company by their recent purchase from the La
Crosse Company Of the walertown road have now
base and trunk line from Columbus to the city OF
Milwaukee. The company are extending their Inc
west from Columbus through rich country. and
having no floating debt TO embauass them. they ex.
pect to push their work forward TO completion al an
carly day.
The Mddletown and Middcsex county banks have
declared each semi annual dividend Of -four per
cent and tho Genital Bank Of three per ocnt-sll Of
Mijdctown, Conn, and payable on the 9th Of jan
uary.
The steamship Arago, at this port from Sou,hamp.
ton and Hayre brings -four days later intelligence
The advices do not differ materially In tone and
character from those received by the Persia. The
failures were rapidly increasing, and numerous large
houses besides those previously reported, had sus
pended payment. This was expected and we must
look for similar accounts by every packet for many
weeks to come. Quotations for Consols DO not show
any change. In financial affairs generally there
was no change. The cotton market was reported
dull AZ lower prices. Brcadstufs were also lower
with an inactive business. There had been no change
in the market for American securities, aud prices
NAMED at nominal points.
Annexed Il letter from Philadelphia banking
house to their correspondents in tha city,
The Camden and Anlboy Railroad Company give notice
that they have pledged with their note dated December
IS 1857 twelve months their bonds OF 1852 Nos sol
10 500 s2 20 S25 SSH sps 20 800, s6e forty bonds
az which have been offered for sale They caution the
public against recey ing them the companys note Il
noi due ard the holder had right 10 sell the bonds
some Of them sold berc TO day and several brokers
have been appledteto sell them under suspicious
stances. We mention H. and tvo or three others
have had oriers from your city 20 sell large amount Of
The same oan and suppose that the holder OF the bonds
mentioned has gone to New York hnancerng as he could
not sposs of them here
The interest coupons OF the bonds of the Cincn.
natl Gas and Coke Company. due January /, viii be
paid at the Bank Of Alyicaa