kay1xation or tlas OHIO River,

MONEY MARKET.
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Monday, Dec. I'D IL Ms


There was perfect panic n Wall street to-day, and
the bulls looked blue enough. The war fever runs
high and according the predictions on Change, there
must be rupture with Great Britain in less than sixty
days Long Island fell on per cent, Canton 4, Nor.
witch and Worcester I, Vicksburg Harlem l. stonng
ton Erie Pennsylvania 6s, J. Morris Canal Read
ing Railroad ., Ohio 6s United states IS D. Kentucky
6's closed firm at Saturdays prices.


AT the second Board further decline took place in
of the fancy stocks the list The quotations
ruling at the second board compared with those current
at the frat show falling off Of per cent. Norwich
and Notwithstanding u. There were many sales
at both Boards, seller option, which show that many
operators Anticipate another decline. We have not


duller day in Wall street for many months, and the
general impression is that prices have not approached
within many per cent Of the lowest point The falling
of n the quotations for fancy stocks is every day
affair but when government securities and good dvi
dendayng State stocks decline two and three per cent
in day it is strong evidence that there is
thing more than ordinary at work.


The effect OF this days panic in the stock market will
be felt Tor many days Immense quantities Of stocks
have been hypothetical with the banks tor loans at
low of interest say from four to six per cent The
decline to- day has reduced the margin of the
railroad stocks three and four per cent, which will in
duce the banks to draw in their loans and raise
the rate of interest This will tighten the money
market, reduce the discount lines Of the banks,
and check stock speculations very materially AL
though the brokers Of Wall street WILL without doubt
be restricted in their operations the commercial classes
generally will bs benefited by the contraction of the
bank movement.


The Planters Bank of Georgia has declared dividend
flour per the last months, eight per
per snnum.


The directors of the Marine and Fire Insurance Bank
Of Savannah have declared dividend of four per cent
the profits of the last six months being at the of
eight per cent per snnum


The State Treasurer of Psnnsy has addressed
other circular to the County and Treasu
rcrs urging the mmed ate payment Of tax arrearagas
From this circular, learn that the balance in the
Treasury at the close OF the fiscal year ending with
the 30th of November, S3sl, $50 Os. OF this S2S
28s 80 unavailable, leaving balance in available
funds Of 1896 10 The February interest is estimated
at 5000 0c0 TO meet this there in outstanding
taxes subject to collection for the year ls.5 S6l6 0oo
outstanding taxes for previous years, S257 making
the outstanding tax due the Treasury, Ss73, 600


We annex the United States Treasurers weekly state
ment showing the amounts at his credit in the various
repositories and the mint by returns received at the
close OF each tho past three months This table shows
the amount deposit in each bank, &c, the date
given, and not the amount subject to draft


MONTHLY STATEMENT TREASURER OF THE UNITED