The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-12-21
FINANCIAL AND CONNER GAL.
FRIDAY, Dec, 90 p. M.

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FRIDAY, Dec. 90 p. M.
There is better feeling in the street to-day.
! People seem to be getting over their fright. The
| non-recept of news from Washington leads to the
| belief that Lord Lyons is in possession OF in
| formation which induces him to hold back
the dispatches brought by Captain Seymour
| in other words, that he is aware that the
| British government has already received
! from Mr.. Adams explanations which, had
| they been rendered before the Europa sailed,
would have materially altered the British view Of
the case. Money, which has been nnpleasantly
| tight for some days, is easier again. Seven per
cent has induced some of the bank depositors to
lend money in the street. At the close to- day there
were places where money could be borrowed on
good collateral at six. In the course of a day or
two the banks will begin to lend again. Their
specie reserve had fallen this morning to thirty five
millions, but by Monday the SubTreasury disburse.
ments will run it up to thirty-seven and over.
Foreign exchange is held at the leading bank
ing houses at ILL.,. but there is no market. Our
exports are too heavy and our imports too light
for exchange to rule permanently against us.
Gold may, however be sent abroad in consider
able quantities by foreigners in view of possible
complications in our foreign relations. The dry
goods import for the week only foots up s344, 49,
against sl,277,s94 same week last year, and
81 s42 ,229 same week of 1859.
Stocks improved to-day, a better tone prevailed
in the market, and there was less anxiety to sell
fer cash. The market opened feverishy but
gained strength as the day advanced. Between
the boards an advance Of "a a "a per cent was
realized on the leading speculative shares, and at
the second board further advance occurred, the
market closing buoyantly, and the prices Of the
speculative shares being one to two per cent higher
than they were last evening. The following were
the last quotations Of the day United States 6s
registered, 1881, 67a87 do 6's, coupon, 1881, s9%
90; do. SIS, 1874 SO 81; Virginia 6's, 46 472;
Tennessee 6's, Az "a; North Carolina 6's, So a
60 ; Missouri 6's, 3s4 "a; Pacific Mail Steam
ship Company, s41H SIS; New York Central Rail
road, 1914 "a Erie Railway, 1914 x; do.
preferred, 47s4 As Hudson River Railroad, SO
a *; Harlem Railroad, 1914 II do. preferred,
1854 q; Reading Railroad, 321s "a; Michigan
Central Railroad, 45T e; Michigan Southern and
Northern Indiana Railroad, 17s4 49, do. guar
anteed, SO "a; Panama Railroad, lO9s4 10Y
Illinois Central Railroad, 81 So Gaena and
Chicago Railroad, 63H u; Cleveland and Toledo
Railroad, 3oA II; Chicago and Rock Island
Railroad, 46A "a; Chicago, Burlington and Quincy
Railroad, 521a "a; Milwaukee and Prairie du
Chen Railroad, 1734 1874 Delaware and Hud-
son Canal Company, 81 81.
The business Of the Sub Treasury was as follows
to-day
Receipts NEUTRALITY-SUSPICIOUS.. S9S2 500 90
Tor customs. NEUTRALITY-SUSPICIOUS.. 81 900 90
On account Of loan. acknowledgements. $500 O6
Payments ncudng redeemed p. notes. 1851 s2l 81
Balance 1864 ,o69 10
The Secretary of the Treasury left for Washing
further cause for longer stay.
The Africa took only sl94, 1888 "a in specie which
is less than was expected. There has been active
preparation among the bullion houses for large
shipments in case the events of the next few DAYS
warrant them. Should affairs wear tolerably pa
citic aspect some considerable parcels will proba-
bly, go forward tomorrow
The Mercantile Mutual Insurance Company has
declared semi-annual interest dividend of 31a per
cent, payable january.
The Boston and Worcester Railroad has declared
dividend of per cent; the Boston and Maine, of
3, and the Boston and Lowell of "a per cent-all
payable January |.
The Boston Post of yesterday says
There is some talk of a dividend by the Michigan Cen
trial Company, and previous 10 the receipt the English
news ii was, we understand partially decided upon but
the indications that the subject VIII be passed
the present at least till such times the directors feel
account Of its connection with the seaboard running
through Canada.