



MONEY M AK E 4.
{"newspaper_name": "The New York herald.", "edition": "01", "page": "p4", "byline": ""}
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Tuesday, Jan. 5-6 p. M.
The sales in the Stock Market to-day how a farther
Improvement Indiana advanced per cent; Erie Raj.
road, /; Reading Ii Norwich and Worcester Il stoning
ton, Ii vicksburg, /; Ohio, Mohawk /; Long island
declined Ii Farmers /, and Pennsylvania Ss3 Advices
from Philadelphia that the impression il gaining
ground rapdy that the interest tn debt of Pennsylva
MIA due in February will not be paid in cash in full Thi
has been opinion all along and the day approach
many who have heretofore believed would
be paid will think the contrary. The message Of the
Governor is anxiousy looked for will undoubtedly
settle the question.


The Money Market is very tight and the rate Of inter
est full per cent The banks very cautious in
their movements and do let single dollar
than they compelled In Philadelphia money ont
OF the banks Is worth q u per cent How long this
will last tell. The government banks are,
doubt induced to contract their operations account Of
the movements in Washington, and the uncertainty tha
hangs the disposal Of the government deposites-
The pts of the government from
large for many months previous, while the 4.
peniturss large AZ usual. This creates drain
upon these hanks and reduces their resources. There
be safety for these institutions until Congress
adjourns.
The Fremen's Insurance Company Of Boston. have
declared dividend Of Ave per cent for the last six
months. payable the 18th inst. s.H&
The Bank Of Utica has declared dividend of three and
half per cent, payable on the LIST inst


The Bank Of Munroe, and City Bank at Rochester have
declared semiannusi dividend of three per cent


Domssrcs EXPORTED FROM Bosror ron THE WEE ENDING


JAN. 4.


~ 5v's'n naoiioo. .4l0 Dol00


wose s inaies' ......... ....".1


Airca. Al


Total. ;. ............... "a
Total amount exported during the year 1874, 1884
Foreign exchange continues very high with limited
demand. Sterling bills command 10 I0l per cent and
do not see the smallest chance Of rates coming down
Cotton bills in bad rcputehose making remittancss
refusing to take grades offering at any prices Al
though the present state OF the cotton market the prp
cipai cause ofexchange continuing high 1t must evsn
tusy be the prime Of decline in rates We anti
cipase very moderate trade the coming spring Our
jobbns houses feel much alarmed at the existing state Of
the cotton msrkets and those doing Southern trade are
afraid their bills recsivable will prove so good AZ an
ucipated. This will haye injurious effect on the
spring trade and tend very much reduce the mports
noalh he msrahants Of this city have within the past