The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-23
FINANCIAL AND COMMERCIAL,

SATURDAY, Dec. 22-6 p. N.
The money market showed signs of increased
ease to-day. There quite an inquiry for first
class paper, which is growing scarce, and the
amount Offering on call was considerably in excess
Of the wants Of the brokers.
There was a buoyant stock market to-day, on
the strength Of the receipts of specie from abroad
All stocks, State, federal and railroad were in de-
mand at marked advance. The most buoyan
shares on the list were Erie, New York Contra
and the Michigan shares, all Of which continue to
be taken for foreign account. Pacific Mail and
Panama are also wanted at an advance. The rise
in State and federal stocks occasioned some
mark, in connection with the secession Of South
Carolina. United States stocks advanced pc
cent. After the board the market was rather
lower; in the afternoon it active again at full
prices, and closed strong the following being the
quotations :-Tennessees, n IS; Virginia 6s,
II IS; Missouri SIS, 60 q u Pacific Man, 81
n; New York Central, 1874 "a; Erie, 36L
q Hudson River, asa Il; Harlem, Az II; do.
preferred, So q a; Reading, 35s4 36L Michi-
gan Central, 4914 . "a Michigan Southern and
Northern Indiana, l41s Il; do. guaranteed, 32A
. 80; Panama, lisa ll9I; Illinois Central, 66A
67s4; Galena and Chicago, 64H "a; Cleveland
and Toledo, 3OA "A; Chicago and Rock Island,
52H az Chicago, Burlington and Quincy, g.
The following was the business of the Sub
Treasury to-day
Receipts S46SsI0 50
For customs. $4,000 90
Payments 81 236 81
Balance. Zs3s5ol o.
The following dividends have been declared
The Mechanics Bank has declared semi-annual
dividend of four per cent, payable on the I'd of
January; the Tradesmens Bank q dividend Of four
per cent, payable the Sth Of January; the Bank
of New York. semi annual dividend of three per
cent payable on the I'd of January; the Merchants
Bank, semi-annual dividend Of three and half
per cent, payable the I'd Of January; the Upper
Canada Bank, the usual half-yeary dividend; the
Boston and Ftchburg Railroad Company, divi-
dend of three per cent, payable January l; the
Stark Mills, at Manchester. N. H., five per cent,
| payable on the I'd Of January.
The St Louis Democrat of Tuesday SAYS
better feeling is still noted in money matters here.
Dispatches of today's date from New Orleans mention
continued improvement there. The news from Europe
morning. showing that large receipts Of gold be
looked from that quarter also tends TO improve the
institutions not large as they can do, and accom-
modations in the OF discount are not 80 difficult To
obtain heretofore One Of the banks, at least, dis.
counted up TO $50 900 yesterday and today. Yet Of
course there somewhat Of scarcity Of money here.
The calls for sight exchange not 80 large as here
tofore, not because supply has been furnished for
there has been Of creating it, except by ship
ping corn but determination 20 be manifest not
TO submit longer to such rates prevail Certihs
Gates Of deposit at bank have been on by some
| creditors who will wait with patience untn an i'm
provemcnt is had in the exchange market The selling
Of sight the East remains at cent premium
Missouri paper the street rate being OK For gold,
=. 10 u premium Is the rate.
| The Philadelphia Ledger of to-day says
The money market yesterday chars6serizcd by the
IF fhA hau hafa Tha hank
| are discountng quite literally they ought and
ST. Get operations rather readily effected though
we discover little change Of rates Commercial bills OF
short date Of unquestioned credit placed TO mo
derate amount a. JET c cent and ca loans a. AZ
per cent Exchange on New York and Boston Is frac
ion lower and the difference between specie and bank
| paper Is lower than at any time since suspension
| Annexed are the figures Of the annual report
| the Second Avenue Railroad Of this city, ending
September 30:-
Capital stock $500 900 Floating debt, last re.
stock issued $500. $4,000 port..... SIS 900
Funded debt - $4,000 Float debt pr't r'pt "a 900
Expenses OF maintaining road and real estate - go 90
Expenses Of repairs Of machinery l2I52 IS
Expenses Of operating the road %
From passengers $3.50 $50 IL From ohr 81 81
Total. .s263,o6l 70
PAYMENTS.
transportation sos III 81 Interest 500 90
Dividends per cent 81, 900 W
| Annexed are the figures OF the annual report of
the Third Avenue Railroad of this city for the year
| ending September 80, 1867
| Capital stock $1,000
Funded deb, by last report .............. ITO 600
Tota amsun, Of debt (All funded now..... $4,000
Cos, Of road and equipment 80 ,siss1 IS
| Length Of ruzd-milcs.
/ Length 81 double track lnclu'g sides sk
rs,pes az ma,alnng road and al estate s2I Asa 40
Expenses Of operating the road. ...... 357 7o9 os
EArnings-From passengers. e605 AIS So
From other 6,11S 326l0,53T IL
1 Payments--For TRANSFORMATION. :. 379 22s ~
l For interest. ACKNOWLEDGEMENTS. 9,<44 OF
Dividends, loH per ct......... 122,sSo 90
/ Nex cars ..................... 22.2ps 20
Harlem extension. 15,2st ~
4 pers.pal taxee ............... 1898 10
/ paaI STATE ............... 36Ig 81
loan aoeount................ 5000 90 -5ss ool So
Balance Ss<,yvo W
Il