The New York herald., 1862-12-25
FINANCIAL AhO CONNER CIAL.
WDsEspAY, De. 24-6 p. N.

*
vernment is disclosed. The plssure Of specul
tors upon Congress for a fwthelssne of grcenbacl
for the purpose OF aiding thesxpansion and sti
further initiating values is ersevere.
Money is worth s per ce per annum on cal
At this rate brokers borrow II they need wthor
difficulty. Mercantile pape sells at 6 a z for th
best names Government ftitcatss OF indebted
ness are freely offered at o. Demand notes rang
from 1861 q.
There was very little de in exchange to-day
We quote first class banke' at lb "a for sterling
and $50 3.s71& for fraIs. Gdd is again quit
heavy. There were largealcs attiie public boar
To day at 1872, and ut ts closet was offered a
1925. For six weeks he buyes OF gold hav,
made nothing on the opeation, ad itwould seem
from the experience Of as past days, that dis
astcr alone win not caue il to atance.
There was but one les.ion ohe closed board
to-day. At the pnblic board tire were calls Of
stocks at one z. D. and hali-pastrce. The mar
ket throughout the day was duland prices were
rather lower. Coupons of lSSaeclincd T. and
Treasury notes C.3ol "a. Rainy bo,ds were
very firm, and so were coal stock palsware and
Hudson advanced per cent. he general list
declined a 2s per cent, thaeaSidt decline
being in Pacific Mail. which wasiicrcddown 20
l33 at the first board on sellers ,tion, ht rallied
afterward to 1881. The several liqnesn Michi-
gan Central, Toledo Pittsburg, &C., ctlinue to
maintain prices by buying freelNhe e'e OF tho
money market enabling them to rry lac guam
titles of stock. At the call of the ubic,ard at
half past three, the market was stady
The following was the business the S-Trea
sury this day.
Total receipts. ts...................... S'32l 81
FOR customs wv w
Payments .......s...'........'. ~ ~ ~
Balance .'o,pZs w
The Hartford and New Haven Railroads. de-
cared dividend Of three per cent, frf 90.
vernment tax, payable January 2-stoqders
in this city will receive payment At tiinion
Bank; the Chicago and Rock Island kaa o
semi annual dividend of three per cente Of
tax, payable January II; the North Riv ank
u net dividend of three and one-half ptnt,
payable January 5; the Western RaIlroam M
pany dividend Of four per cent, nee OF go.
vernment tax payable January to stochrs
Of Dec. 23 the Boston aud Lowell Railroan-
pany dividend of s20 per share, net, JAM;
Lacona Manufacturing Company 20 per cox
ira, and Pepperell so per cent extra, Pie
January to stockholders Of December 2e
Chicopee Manufacturing Company diA
OF $6 per share, payable December 26 tos
holders of the 22d inst.
The China took out 100000 to-day.
The following were the earnings Of the
waukee and Prairie du Chen Railroad Compan
FOR the second week Of December, 1862. Sit
For the second week of December, 1851 ........ II
Increase .......,........'....... ~
The following were the Rock Island amin
.six montbs) from July to January !, lstc--
Estimated for November and neccmber. -.... sIS s
Operating expenses estimated for No
yenber and December ..............tl lS9
Six months intcrest on bonds. $3.50
Six month"; previous rent. ............ 6a.5Oo
- SOS
Ne, earnings, six months. hs...................s,lI I'M
Discount OF per cent and United States tax. Ia
leaving surplus for six months. .Sb7a
The Phiadelphia Ledger Of yesterday remal
The question, in what form our states propose "
the interest their loans continues TO occupy attc
No doubt payment in "groenbacks' is oil that The
requires all perhaps that, IN the vast majority OF
morality might uet now exact. But % far az stat
any corPorati0ns whoever expect TO borrow again
concerned the question Is not of mere law. II Il
or public policy and OF reference 70 the future. s
whose credit Is very high can borrow at or ~,
cent Pennsylvania used 20 borrow at Iess than
and continued TO do % until, by bad financial
she impaired her credit, though, under good man
ment. II has largely revived in the last few ye
Daring the war Massachusetts, has borrowed at about
wh,lo we are paying six And the little State OF IN
leland has borrowed 5000 900 quito lately. We begar
pay in specie or ts WORTH and have twice done 3d.
pose we now break down. Certainly IL will be asked,
PENNSYLVANIA State that can afford 20 ray twelve an
hs per cent for the maintenance of her honor but
anord 20 pay twonty y-eight or fhirtyW Weakness
biiry - 20 in a course admitted 10 be right-wll
Inferred. Abont seventeen millions of our leans are
IN Europe. We have now twenty millions Of debt
due. lhc remaining twenty millions are rapidly bee
ing due We shall certainly want " take up our dc
somehow before long. our credit, then, our ablit,
borrow AZ premium, becomes q matter Of vast iral
tanee 10 Pennsylvania.
The Boston Post of yesterday thus notices L;
Superior mining mstters:---
Copper stocks. notwithstanding tho high price
copper and the good condition Of the mincs have
somewhat stagnant Minnesota, with quantity
stock in the market, has declined 10 80 Quincy has
cined % 40 bid: both oi these mines probably viii
clare dividends during tue present week. Pewabc
Franklin have been III dc'uand at about -, which frc
o. tho lnincs say IS either too low Quincy and Min
sofa are too high knowing say both will declare
dends soon; Isle Royalc has been firm and in good
maud ut from 10 To 1bls Mcsnard aud Pontiac have
settlins bri rallied Saturday both miues are IN a
financial condt ion aud owe nothing and the prospect
the Mosnar il Is said are very iatering while there
a much better venture nov at 4, than II was a me
ayo at 10 RcCkand has been dull az IL bid although
mine Is said - be improving rapidly Superior also ID
better and the stock II IN demand at D. Acton Is IN
demand nj bid late accounts from the mines are sta
70 b. very favorable
The st. Louis Republican furnishes the foil,
ing statement Of the whole debt Of Missouri, mi
NJ to the present ume:--
Miscellaneous debts. Observation-Disclosures. sGO2
Pacific Railroad bonds (nlainl .........1 1000
Pacic Railroad Southwest branch) ........ 4, 900
Hannibal and ST. Joseph, .,....,.....,........3,p 100
North NSsoniis ,vV
Iron Mountain. sV,vuo
Cairo and Fnfon. n.......s.............. ..... bJU
Platte county y.....,...........s., 100
R.NouC solst. ..ssss.ss.s....s....... S5i
State defence warrants... 10
Arrears Ct interest due ,S12
lpiN.. s.s....sss.. VI ,3V,
A small portion OF this debt bears 5%s per c.
interest. aud another, but hconiderable amor
2 pea cent.
stock Exchange.
NEpSxspAy. Dec "a, 1885,
$4,000 rs G's, 81, con to2S 50 shs pacMsSCo. .b3 10