The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-14
FINANCIAL AND CONNER GAL.
NEY MARK EFT.

TUESDAY, Jan. 1852. NJ.
me tendency Of prices upwards this morning,
with pretty active market AT the board Hudson River
srs mortgage bonds advanced per cent; Illinois Ceu
kal bonds, u; Canton Co., y; Reading, NJ Michigan
Central a; Illinois Central Railroad l; Gaeps and Chi
o.go i; Cleveland and Toledo y; Ia Crosse and Nil
wautic. n The duest and heaviest stock the
ket 10 Gay New York Central Rail- osd Il fell OF
sotion with very small saes. The stock marke, 10
ained entirely by the efforts Of holders The disposition
70 realize Ia pretty general; but there Is outlet
Dor stocks, and It would be highly dangerous
10 attempt 10 supply the street freely Tho
speculative movement for the has
passed AWAY Az business operations Increase, tho de-
mand for mercy among tho commercial classes will DO
active and the banks viii DO compelled 10 call in
hreo Of demand loans. That may throw stocks
toe market, aud compel weak holders TO realize at
time when demand exists outside the street. Al the
second board market DULL and prices ruled
Reading Railroad fell OF u per cent, eseus and Chicago
u; sev.land and Toledo u. Illinois Central Railroad
advanced y per cent California staio rs, 1875, dc
cnped per cent In quencc OF the decision Of the
Supreme Court Of hat State that the creation OF debt
snd above $500, 900 unconstitutional small lot
81 boc--vas sold at 60 per cent but have idea
Mat holders generally will submit " any such sacrifice.
The people OF California will take advautseo Of such
. plea that 10 RID themselves OF just. not legal,
Chains. II the debt ns,ituuonal IL will be made
constitutional and the State creditors properly protected
s much to be regretted thai the system Of nnancer
ing pursued In the early history Of the STATE Was
- 10 overlook or esregard this point but we have
doubt is within the power Of the people remedy The
evil even at this late day. The decsion Of the
suprcmo Court tnd the agitation OF the quesaon, mat
Ser how favorable the result cannot but Affect inju-
rijusly tho credit Of the State, and place holders OF
State bonds In very unpleasant position; but that the
people o Csioroa will under the I'm outaon OF re-
puds,on we do not for = moment believe. At the best
unfortunate affair, and will produce great deal
Of difficulty IN the financial world.
Tue s,esuFhip George Law, al this port from Asp,n.
wall brinpe 81 2ec eco In gold. Tue California gold or.
rived hts time last CISCO year, wa, 81 SCI, co., and
The year before QsS6) 81 e2oo2e The corresponding
remittance this year therefore, shor.s very great fall
hg OF Ctmpsr,d with las, year the decrease Is $780,
coo, and with the year before se5o,o.o.
Toe Ar slant Treasurer reports day as follows
Total receipts el42 SIS 66
Ictsl peJ mchh..ss...s....... loilN ~
Total bs ance ............. Iii oTe os2 a.
Tho payments 70 day include s7s, 500 In California
srsfn and checks.
The warrants entered II the Treasury Department,
Washington, on the 10th inst, were as foIlows:-
v or the redemption OF stocks ...,...,. fap7o 81
For the Treasury Department. 500 20
war warrant. received ana entered ssss 90
War repay warrants received and entered 49,. sos 81
For the Interior Department $4,000 90
from Customs 1887 81
Erom miscell Sources. ............ $50 So
Ga account OF the Navy 1000 90
The Ocean Scam Navigation Company has declared q
sem annual dividend OF Ave per cent payable the LIST
tf February. The Buffalo State Line Railroad has also
dscssed cash dividend Of I've per cent and stock d.
vdcnS OF twenty per cent, the latter contingent upon
vote 81 ee stockholders upon the question OF Increasing
the cssial.
The Irving Savings Institution viii pay deposi,ors At
sae rate elk per cent on all entitled thereto for
the las, six and three months, ending December, 1885,
on srd s'ter ci,e 10th inst
The Nine wv snd schuylkII Haven Railroad Company
have declareds sem annual dividend Of per cent clear
Of ss'e tar psysbe on and after the 10Th Inst The In
turance Company o. North Americs Of Philadelphia
have declared soma nnus divee end Of per cant, CLEAR
o. State tar, payable On demand.
The msnufscursrs Of white lead. shot, lead pipe, &C.,