MONEY MARKET.


Friday, Jan. I'D r. M.
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The stock market to day was very much depressed.
And q-oAstea., many instances, decline stSa-


ngton fell OF per cent; Norwich and Worcester Nor
ris Canal Canton Co. Ii Long Issnd Il Farmers' LoSn
Ohio 81. Mohawk, and Kentucky 6s, closed yester.
days prices; Erie Railroad advanced per cent; Pennsyl
vania SIS |; Indiana /; Texas Treasury Notec}. The


transactions were limited and Judging from present
Appearances, we should think prices dnd the
lowest point For the past sixty days. quotations have
been steadily falling; many fancy stocks IL the list
now selling from twenty to seventy psr cent less than
during the last week In October When busine in Wall
street dees start, there will be large margin for an i'm
provemen and fortunes will doubt be realized by
many Most Of the Railroad stocks are fact daily i'm
proving In real value, while the operations the street
show just the reverse. The Norwich and Worcester
Railroad Company have just psid per cent dividend.
The Long Island Company doing very fair business
All the Eastern roads declare large dividends aemLannu
ally The Harlem must eventually be good stock iDde
pedent Of any connection that may be made with other
roads, gradual extension Of this road northWard will
lead Il into the heart of very wealthy section Of the
country and increase Its productiveness very materially


possible. and probable that the New York and
New Haven Railroad will connect with the Harlem Rail-
road at White Plains would be for the interest Of both
companies to connect the lines that point We cannot
conceive possible for any other company than the Har
lem to the right ofway through any important ave-
nue. Of the city, obtain depot in the very centre Of
business Could the privilege Of laying rails be obtained
by any other company the immense expense attending
the &C., would increase the cost Of the road
enormously In confederation of these facts do not
but that Eastern or Northern read coming into
Westchester County, or into New York city, must
meet with the Harlem. Should the New York and New
Haven road connect with this road at White Pisns II
will make the stock Of the Harlem the most profitable
Railroad stock in the country Any movement Of this
lid l. kouuo 49, .sw~~
raj years to bring about.


is estimated that the dividends recently paid to the
capitalists Of this city, will amount least two millions
Of dollars; this, with the amount Of the government
debt just paid held by citizens, will swell the sum
to four millions large part Of this amount must be
seeking investment in other securities which win tend
to advance the price ofsound sterling stocks.


The Brooklyn and Jamaica Railroad Company hes de.
csred dividend four per cent.


The Morris and Railroad Company have declared
advidend Of $l.So per share.


We are suthorz to state hst the Coupons for interest
upon the Dollar Bonds Of the swaora Railroad telling
due upon the nrst ofJanuary ls4s will paid upon pre-
sentston At the Bank Of Penn Township.


Forty counterfeit Mexican Dollars offered st the
counter Of tine Ogdensburgh Bank on the 10Th inst.


One Dollar Bills on the shawmut Bank, Boston, altered
to Hvss, in circulation the ends of the figure ons
are or and figure five inserted in their place The
words "one dollar" In the centre Of the bill obteated
by chemical process and Ave dollars" substituted
The deception be easily detected by holding the bill
to the light


The Court Errors and Appeals Mississippi has decd.
ed that the transfer Of the assets Of the Panter Bank to
the Bank Of the United States, Ia null and void. The
Court has therefore decided that the law Of is4o proh
biting the transfer Of notes bills receivable by the
banks IL constitutional.


The impotatioas into Providence, r. H. for the year
just cesed give limited idea Of the trade Of that
city Most Of the articles included in this table were
principally for consumpton:--


iMroRrs INTO Providence, l.. lelS.
Bushels Of Oats. .6949l Barrels OF Flour. $3.50
Bushels of Rye... 60b6 Bales Of Cotton. :. .5S77l
Bushels Of Wheat. 800 Tons Of Coal 81 e4s
Bushels Of Barley 4460 Bushels ofCorn ..7e7,isi


The receipts Of cotton not all for tho consumption
Of tho manufacturers Of Providence but for the esabh
men In the immediate vicinity of Providence an well
for those Of that city.


We annex official returns showing the total value Of
Merchandise imported into the district Of New York from
January Let, 1914, to January LIST, Isas.
STATEMENT or THE IMPoRrs Mro THE DISTRICT or New


Yonx, ron THE YgAR Erpira DEc 3lsr, l644
Duabe foreign goods, January TO July. .S32 s7oo
Dutisble foreign goods for July, ...,.. 6,sls,ssl