The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-25
FINAN GAL AND COMMERC GAL.


THURSDAY, Dec 4-sP NJ
The spectators OF HE Stock Exchange had quite spirit
ed contest this morning. and the result greater sc
witty certain speculative securities and in some Of the
smaller class slight Improvement in prices. At tho ars
board Tennessee state 0s declincds per cent, Missouri
6s y; Cleveland Columbus and Cincinnati L. Cleveland
and Toledo. * Chicago and Rock Island, 4; Ia Crosse
and Milwaukee, u Shoe and Leather Bank sivanced y.
per cent; Erie Railroad Panama, u. The bulls opened
pretty strong Central but the stock freely Of
fercd at steadily recedng prices that they abandoned II
and concentrated Eric for temporary imitation The
result In this advance from Tx per cent 10 ls
per cent with very large transactions. The sellers
buyers option sixty days, Immediately turned about
and purchased street, sellers option for delivery The
movement Is simply Of local character. There h. in fact
nothing IT, 1t reported In the street to-day, upon
what considered good authority tha tho New York
Central Railroad Company would either pass the February
dividend reduce the rate Either course highly
bablc The great reduction in travel and traffic the
present fscal year set in, and the large decrease
in the company's revenue, would justify such
movement. The management may not have suTicicn,
moral courage To take such step and therefore submit
toa the sacrifices ncccssGyto amount money
required TO pay the usual semi annual few weeks
will determine the question. All the first class Western
railroads will either PASS cut down their next d
yidend.
wa nadc over sa,urdsy. The members might lust
well have adjourned over 10 tho year. There is
hardly business eaolgh IN the sacet o provide good
Christmas dinner for ans crc nenlhcr Ac.ar the drst
beard % CA, the market riiercd ont lao. Bu, for
the great sbIollncc Of money, should IN all proba
bty see prices for sccks i've and tea pr cent below
current rates Beyond the ln,3 NJ The stp EScb tnge
no one hardly dreams Of now l,yc ia.ns IN 81 Tread
securities We have not yet realized tho dulnes q aid
winter. Deep and severe storms vii tyilF
greater inactivity business operations aui freers up
the little hope that suslains spcculator
The steamship North STAR from this port Tor Soathamp
ton and Bremen Saturday, will take large amount
Of specie.
The Assistant Treasurer reports to-day followss-
Iosa r%eipts sSi a. -
payments ......,..........t........s 81 Co =.
balance jssos.21 ~
Tn Peoples Bank has declared a semi annual dividend
o four per cent payable January g. The Rank Of Aer
ca semi annual dividend Of three and half per on
the fun and pro ra,a the scrip stock, payable the
eth or January. Tho Atlantic Rank Of Brooklyn, semi.
annual dividend Of Eve Per cent, payable January2
Tho Mercantile Fire Insurance Company have declared
semi annual dividend Of eight per cent, payable Janu
Uy2
The Bridgeport Conn Bank has declared semi annual
dividend Of Eve pcr cent, payable Januaryl.
The following dividends have been declared In Newark
Newark Banking Company, hvc per cent; New Jersey
Insurance Company, Eve per cent Newark Mutual Fire
Assurance Company per cent for the past year; Gas
Light Company, four per cent
The Newcastle, Wilmington aud Delaware Railroad
Company have declared semannua dividend Of three
and half per cent
The Washington Insurance Company, Providence have
declared dividend Of nine per on, Of the profits OF
the lac, six months, payable the "a day Of January.
The dividend In July six per cent making fifteen per
cent for the year II is the Oldest company in
Rhode Island having been incorporated in February 1900
The exchanges at the Bank Clearing House this
ing we're s4Oos 43 20, and tho balances paid amounted
70 81 Coe,oi3.
The Boston aud Providence Railroad Company have dc
ciarcd semi annual dividend OF three per cont payable
Jan. 4 1858.
The Crosse Democrat Of the 18th inst referring TO
the opersticnof the Ia Crosse and Milwaukee Railroad,
says
The work has been on The bridge tunnel also
between there and Sparta Teams have beer sent up the
Ia Crosse Valley, and filling and excavations viii DO
commenced fey miles from our city within short tune