The New York herald., 1861-12-28
FINANCIAL AND COMMERCIAL

$s 5000 OF which nearly 5000 900 were in over
due Treasury notes and United States demand
notes. This payment is understood to leave the
banks with less than SIT 900 900 of gold ON hand
this evening. They have lost something like ten
millions during the week, the gold having gone
into private safes in this city and into the vaults Of
country banks. At this rate the perplexing ques-
ton of the hour win soon be settled, and fresh
proof will be afforded Of the sagacity and foresight
of the managers Of our New York city banks.
Nothing further has transpired with regard to the
intentions of the Secretary Of the Treasury.
Money is easy enough at seven per cent on call,
and six seven for the highest grade of mercan-
tile paper. Business is limited, however, by the
prevailing financial uncertainties.
Exchange was firm to-day at ll0LaA "a. The
amount Of business done SMALL but at the close
of the day the leading bankers were unwilling to
sell below ll0A. Francs range from 5.l21 to SIS. ]
The stock market opened to-day without much
animation. The discovery that Mason and Sldcll
have not sailed, and that General Scott is not
the bearer of any message from the Emperor
Napoleon rather tended to discourage buyers at the
opening; but as the day advanced private adyices
from Washington were received, reiterating the
assurances that the government will not accept
out, and spectators took courage again. At the
second board the market was buoyant and the
leading speculative shares advanced ~ per
cent over yesterdays closing price. The imbroglio
with Great Britain has caused change in the Ian
guage and political views OF specnlators. Through
out the and fall the loyalty of the leading
bears has been, at the least, matter Of
picion, but now they more bitter against
the surrender Of Slidell and Mason than
any one else. At the close the market
firm, the following being the last quotations -
United States 6s, registered 1881, sc 81; do. 6's,
coupon, 1881, 90 90s; do SIS, coupon, 1874, 500
a ST. Virginia 6's, Al u 40; Tennessee 6's, Al AZ;
North Carolina 6's, SO 60; MissouriG's, 391 39s4;
Pacific Mail Steamship Co., s7s4 IS; New York
Central Railroad, Tx rs; Erie Railway, 2s].
2ss4; do do. preferred, so 50l4; Hudson River
Railroad 36l4 36s4; Harlem Railroad, NJ llL;
do. preferred, q a 2s; Reading Railroad, 331 q
33a4; Michigan Central Railroad, ~ l71l.; Michi-
gan Southern and Northern Indiana Railroad ls14
1919 do. do. guaranteed, 80 a 391.; Panama
Railroad, 100 I031&; Illinois Central Railroad
5914 591s; Galena and Chicago Railroad, 64s4 a
65; Cleveland aud Toledo Railroad, 32sE 32ll.;
Chicago and Rock Island Railroad, 4sL a 49,;
Chicago, Burlington and Quincy Railroad. 54l4 a
54ls; Milwaukee and Prairie du Chen Railroad
Is u 10; Cleveland, Columbus aud Cincinnati Rail
road, 1927 102; New York Central Us, 1864, 9s1i,
a 80; Erie mortgage bonds, s31a S5; Michigan
Central s's, first mortgage, 81 ~; Illinois Central
bonds, rs, s43x a S5
Teegraphic advices were received from Wash.
ington to-day announcing that the President had
signed the new tariff bill, and that the Collector
must begin at once TO levy the new duty on teas,
coffee and sugar
Congress should lose no time in offering such en-
couragements TO shipowncrs will. secure the
construction OF several large first class steam yes
| scls like the Vanderbilt and the Constitution. In
| the unsettled state OF foreign relations
| it is absolutely necessary that govern
| ment should have the means Of transporting
| an army Of thirty thousand across the ocean
| in . single fleet. There indications that new
war with England would not he waged exclusively
| on this side the Atlantic; but, in order 70 land
| an army 10 Ireland, must have more large trans
| ports than We possess One branch Of Congress
has wisely passed an act authorizing the construc-
ton ot-twenty ror- lad vessels and it is probable
that more gunboats will be ordered; bnt trans
ports are as necessary as either, An offer o
liberal subventions to new steamship companies
for carrying the United States mails would proba-
| bly, lead to the end desired
| The business of the Sub Treasury was as follows
! to-day
Receipts -, 49,, ,5o4 IS
FOR customs JoOuO 0O
On account OF loan Observation-Disclosures. 354S 234 III
Payments, including redeemed 6p. 1856 ,9Ts IS
ba'ance s''oo's-i 90
| The exchanges at the Bank Clearing House this
! morning $i1,777,69s 40. and the balances
| 81, ,233 ,243 so.
The Terre Haute and Richmond Railroad Com
pany has declared a sem-annual dividend of live
per cent, payable to the Eastern stockholders at
the Office OF the Farmers Trust Company, in this
city: the Mercantile Fire Insurance Company,
scmi-annual dividend Of five per cent, payable on
the I'd of January.
ADnexed are the details Of the earnings o! the
Galena and Chicago Railroad for the third week in
December
1850. 1861.
Freight. .SlI 907 90 "a. 200 80 Iuc s22 2p6 30
Passengers. ...... 5,693 67 5s23 81 Inc. I2g CT
Mails, &c........ 900 90 900 90
-
Total. .... $4,000 6T Al ,026 81 Inc so 425 ~
The earnings of the Cleveland and Toledo Rail
road for the third week in December were:--