The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-03
FINANCIAL AND CONNER CIAL.
MONEY MARKET.

TUESDAY, Feb 2-6 NJ.
The stock market was little depressed this
morning, so far prices were concerned. In the
amount Of business transacted there was about the
gsual activity AZ the hrst board Indiana State SIS
declined ! per cent: New York Central s's, /; La
Crosse and Milwaukee land grant bonds, q New York
Central Railroad, 1: Erie, 4; Harlem, 4; Galena and
Chicago, 1; Chicago and Rock Island, 1. Michigan
Central bonds advanced per cent; Sixth Avenue
Railroad, 4; Pansms, !. In State stocks there
fair business at fun prices First class railroad bonds
were In demand. but there was not large quantity
pressing for sale and holders firm at our quota
tons At the second board better prices ruled through
out. The leading speculative stocks quite active
at the improvement. Missouri State Gs advanced
per cent: Pacific Steamship Company. D. Cumber-
land, 4; New York Central 1 (; Erie, 4; Panama, !;
Cleveland and Toledo !; Chicago and Rock Island
!; Milwaukee and Mississippi, !. Reading bonds de-
clined 1 per cent; Harlem, Z. Bank stocks do not
advance very rapidly. The cheapness of money ope-
rates rather unfsvorably for our banking institutions
They find il difficult to lend money at full rates of
interest and the Influences calculated 10 help up
other stocks have contrary effect upon bank shares
Money Is daily becoming plcntier and cheaper. and
holders are looking about with the greatest eagerness
70 place capital where IL will be earning something,
with strong probability Of returning the principal
in good time. II is very difficult to do in a sat
sfactory manner and this is likely TO increase rather
than diminish.
The Assistant Treasurer reports today as fol
lows
IOta recepu. sz5VVst ~
IotA psynehss''. .s.................s..s $500 ~
Tfd balance. 114 esq rs
The receipts to-day include eco 600 from customs
The business at the Bank Clearing House today
denotes more activity, partially the result perhaps
Of yesterday being quarter day. The exchanges
were f17y0f9l7s 80, and the balances paid were
fls32,s09 o. The currency certificates held by the
banks reduced this morning 10 g. 80 OO0 being
q decrease q csc 600 since yesterday.
Messrs. Bowen, McNamee A. Co., of this city, dry
goods dealers Messrs. r. Skinner a Co. Of Boston.
commission merchants and Mesers J. G. Howe A
Co., Of Boston, dry goods jobbo,s bave resumed
payment aud meet all their Obligations "a they ma.
ture in frl
Tie ~ Fire I'-sSance Company 1ave declared
o semianbusl dividend Of seven Iai cc..t, payable
~ demand.
The Third Avenue Railroad Company ave de
olsfed quartaly dividend Of two r. cent, payable
on The 10th inst.
The City Fire Insurance Company have declared
dividend Of slo per share, payable on the 10th
inr TIE New York ] he Insurance and Trust Com.
psny have declared semianrual dividend Of FIVE
per cent, payable on The 10Th inst.
The closing rates for sterling exchange for the En-
ropa arc "A 10 per cent premium, with limited
bu. mess
The interest due on the Terre Haute and Alton
frst and atcond mortgage bonds Is not paid, bat
that upon the FIRST mortgage viii probably be met
in few day. The holders Of the second mortgage
coupons will he asked TO fund those falling due
WITHIN year