The New York Herald Newspaper, December 19, 1854, Page 3

rane ale Ht 2 e im Brooklyn, Williamsburg, Jersey City, amd other laces in the vicinity of New York, the depression hay Beem attended with the same disastrous results. It ex- tends even to work under the government, as exbibited In fact, we could hardly mention a trade or business that has not experienced seme loss from the present revulsion; and, a» a proof of ‘hla, we need only mention the fact that even the restau- wants and eating saloons are not doing more than half ‘the basiness they transacted formerly. iA near any ge be er 9 Sipe 9 J is reason to that of our a am unusually hard winter Ta addition to the essot seploptotat wih ve Yel vy any whe cannes af em) many wi e ford to live witbout work. The wanto something to do not more general in Hartford than in most laces, but there are nevertheless hi of menin our midst withoat work, and desti- Many cases of actual i E f & & @ means of subsistence. to presarve a little . Such cases appeal to the sympathies of all men and women, and show the necessity of ea tequiry, that he had been for thirty hours withou! feed} Every one who is acquainted with the state of population, bnows that already there ia the Coe sn Bid og Mein sittin eit ‘each suffering as te here portrayed can exist in our @ reasonable supposition that some- state of things prevails among is @ subject for the investigation and the ebsritable. [From the Newark Mercury, Dec. 18.) ‘tion for the Relief of the Poor are prose- vi At the meet i fy + She Asi outing their duties with great en night, it was reported that $2,000 had alread seam Seleg ana the indications argthat as mueb more ined without much difficulty. The visiters. ve Gf the soversi wards are searching out sli cases of des. ‘itution and suffering, and making such provisions for heir reliof as are ome of the visiters have lies thus but are unable rates. Indeed, in instances, men have 9 found who ex- bent puncape to perform the most menial services at the rate of two shillings or less per day, urging that by work they could if | warm, and atthe same time ‘eure something let Tag saslnternace of, inate, temibok. arene and discriminatingly, the which might be convert- pride to citizen of New- association is thus faithfully perf so elevates the character of a city ity, and the ministration to the ‘Saring, in the homes of the poor. Thé aj fo for all pueh, and the blessings of humanity tin; Letsno one fail in the everlas' recompense. goed work pen ithe Non entered. From the New York Tribune. ‘The Commercial Criais—Distress of the nr ermal Industry tn New and Vicimty. ‘Me iron bi sivend in thi cay b very ich depressed, jm bul is mut numbers of workmen are destitute of ¢mpley- a recent tour through the foundries and ma- eee 2 ee et upon the average not more ‘than one of the men are now employed, and the aaticipations for the future hold out peeta. In Brooklyn, some five hunired men in this - meca‘ bave been ‘veently thrown out of employment, and abevt 2 like number are vow at work—many of A, Imewover apon half-time. One sbop that amber of hands has dischazged disch: qtill more. Stillman, Tike &'Ge, of the Novelly Works, of the 16th inst., write us cone: the trade :—' We consider the business at ina pressed condition. We have now about tweaty- cent. fe po nae in etn Ay at bags 2 last . Wages are falling, are yet higt this tne last yeas ; the rise in the meag time onsiderable. It is impossible for us to say La before us than that it is involved » ment. ? u a PRINTING. Bexperienced men say that they have not known so great a depression of the printing business for many un. Many of the leading offices havo disebarged two- js of their employés, and have reduced the remain- er to two-thirds of a day’s work. A large number of Jeurneymen printers have left the city—others ‘are ‘working a day or two in a week as substitutes in the ‘Ofices of the daily journals; but many more are totally Geatitate of work. scale of prices, as established by Eulon, bas not been materially departed from a8 yet, at a con- ‘that we can learn, although employers +: t @éerable reduction must Place unless business im- roves, and what right ; " ‘This business, as a ctnsequence, exhibits much the @ame piate of depression “as pervades that of printing. At this time last year it was impossible to obtain suf- assistance to get out the works in progress. a yea more than one-third of the stereotypers are TYPE FOUNDERS. »la this branch scarcely anything is doing. Weare Saformed that one house alone ia this city, for the past tenth, showed a decline of business to the extent of php pi mtd type, as compared with the snme TING. Im the same category this branch of bookmaki ‘many be classed. Xt a tecent meeting of the Booubinders! Arsociation it was stated that the business had never worse. The Tract Society, Bible Bociety, Methodist Concern, Har; ’, and other establishments, hail dither dpehatged Targe numer of their hands, or re- duced their hours of labor. Of tho 1,000 men engaged fa this branch of induatey between 20) and out of work. BUT an builders have scarcely under way. woe 4 brickla; lumbers, car pave lelt the alty’ to | Linaashtepentcn eisewlore, contracting mason estimated the quantity of busi- doing in his ‘st about one-eighth of same in 1863. He says that not more ‘300 are now Ha a J Hy ; | 92 day, ean new: be hired on the for $1 50; and laborers who thenobtained from shillings, are fortunate now if employed at $18 carpenters are among the principal sufferers. ‘of the small employers have Rosca thelr shopa; the extensive master carpenters have greatly re- duceu number of their employes, and curtailed ‘the hoars of labor of those yet at work. We have not beard ‘that’ wages have been reduced im this branch. It is necessary to sperk of the coniition of the ship- 88 some weeks since we gave an extended state- their business. The ity of the operative carpenters in this city, num’ mavy hundreds HH & it i 4 now out of ¢1 it, and the nomber de- revs hy the completion of the ‘At a recent mecting of the ship- to ae | & 3 labor daily a cxenta in thie et It was reno! irom $3 to's: atimates at at lout © HU : Plasterers areno better off than the house car- . Although this branch of labor does not bs yi tg Bum! hnead of an entensive firm in the plarvering Canabth ae: sares us that not more than one ono-sixth, or about 200 are now at work. Many of these cannut now com- more than @ day, where twelve months ago they readily obtained fifteen. ‘Of the 1,000 plumbers it is estimated that not more foduetion of the ware although ta nny shops ike of the wages, On | in many shops 1 ours of labor had been reduced. OTHER TRADES. ‘The brass founders and brass finishers share in the reenion. Nearly all of the employers have hours of Iabor one-half. ‘With the tanners and morocco finishers no marked ehange bas taken place that we could hear of. UMBRELLA MAKERS. business shares in the general depression. We were by one manufacturer that where he em- pa Ng hundred persons last year there are now BATTERS. Not more than thirty per cent of the average force in bd Le type de now “cuplayes. Wages haye not been as yet, nor have the hours oi ir been abridg- ed with those who are at work. no tig og TAILORS. About one half of the tailors in New York are out of employment. A leading wholesale mannfacturer of informed us that, next Saturday, at least ono thousand persons, who are now at work, will be dis- have not been reduced'as yet, We are m five thousand to six thousand taflors an tHfis city (moxtly females) do not know where to get the next job fiom. The pre dull in the ex- gree; tie wheorule tae ead, | workmen. if ty ~ f He were never worre with the: large numbers of labor ef the others. ‘The soap and candle makers are said to have been less affected by the ‘hard times’ than almost any other Dualness, probably from the faet that the major part of the work in thie trade is performed in the winter and spring months. Organ builders are also exempt from the general de- many of the steamships this port the wages of firemen and coal- paseers have been reduced some twenty to twenty-f aS ee aud very strenuous effort is being made to re- the rates of compe all of them. The Erie Railroad Company of perird employed in loading freight and repairing the from $1 to clgnig quite per day, winch is the rate ef wag: Pied to the same class of employes last winter. It med better to thus reduce the amount of. compensation than to throw any o/ the mea oatiehit out of employment. It is not likely that the men wi Tefuse to come into this arrangement, as to remain idle through the winter would be a h: 8 experiment. THE DEPRESSION EBLSEWHEKE—DIFFERENT TRADES, From different parts of the country the prevailing ery of * nard times’? is echoed and re-echoed far and near, Lely Michigan, several hundred workers in iron have recently been thrown out of employment. Tn Buffalo, between 300 and 400 men in the iron busi- nese havé been thrown out of work. In Albany, provi- manifested sione are and but little distress nas yet itself, The toga and Sackett’s Harbor Railroad, after $150,000 has been expended upon it, ani debts to has beem dis. the amount of $250,000 been contracted, continued, throwing out of work some 5,000 laborers, said to be suffering tly in the northern wil- derness. The snow is upon t! and it is feared that many, particularly women and children, will die of eold and starvation. y! ‘A large proportion of the bande at Cooper's rollin; mill, at lom, were discharged a few pond since ic concequence of the proprietors turning their attention to another branch of irom work. On Saturday last, a man fell down in the streets of Trenton from faintuess an) exhaustion sed by hut . He had not tasted food for three da; At Newark the manufacturers are com- plaining, an¢ at Plainfield, where hundreda of jhousands of dollars worth of clothing is annually made. there is but little doing. We understand that the shoe trade is also suffering. It is well known that at least one tenth of the inhabitants of eur eity are engaged in the manu- facture of ladies’ «i ‘and that tens of thousands of dellars are paid out im the course of the year to binders and jonrneymen. Pri are lower, auc work is less abundant it was a few months since. Pen vania suffere no less than her sister States. The Reading Gazette says:— * The resent and unexpected reverse which bas over- taken the iron trade—eo prosperous coring Oe last two rears—in, we are beeit ‘to say, having its ¢ ‘upon the @stablishmente of this county. We learn that the Leesport Iron Company, and the Mesars. Ecker,have coun- termanded orders for a considerable quantity of machi- very, with which they imtended to increase the productive capacity of their works, and are prey tions for a iderable reduction of their business, to meet the hard times which stare them in the face. We tly fear that we shall shortly be compelled to notice fie ais. dl of many workmen from our wanufactories. In Philadelphia great numbers of workmen have been Gismissed; the Messrs. Norris alone discharged six hun- dred from their locomotive works, ‘The Germantown Telegraph, speaking upon the same nm _ Fven in the iron bi in which the proprietors of some of the principal establishments were threatened with the crime of beeomi: the tables are tu than they can bear. of the largest have either failed, suspended work, or reduced the number of their ‘workmen one-half, thoir wages reduced from twenty to twenty,five per cent. The result of this is, that thousends of first rate artisans are thrown out of em- ployment on the approach of winter, with families de- ‘pending upon them for support. But itis the rakes in iron who eaffer—in nearly .all the manufac- c bs fradony not sparing the mercha: ho ipal ‘Suter same ‘condition of nie rs ist ists,” Even the J aioe: 4 dusiness—aseldom sensibly af- fected by the in a most depressed condi- ‘The Telegiaph sake, “What are tho causes that pro- duce there hard times ?”” re] 3: It is because we are great buyers al inst of buyers athome. We net oy pon to pomlign pey_ior goods that we should manufacture ourselves.” The Wilmington Republican says:—‘‘One huyired banda have been disohasged by one establishment in this ey peed a ee - pat bay t ‘oathape proca is yment is as as the Teatou for this curtailment of the number of Jm Norristown, on Monday morning dust, Messrs. Thomas, Corson & West reduced the wages those in thetr employ 20 per cent. The Swede Iron Gom- yany Rave also reduced the wages of their hands to a hike amount, At Woodatock, Vt., the firm of Daniel Taft & f£0ns, manufacturers of iron tools, &c., have been compelled by the pressure of the times to a1 ment. Habilities are stated at $40,000, but their asseta must be much r. At White River Junction, near Lebanon, Messrs Latham & Co., iron founders ‘and manufacturers of mac! and also of cars and ateam engines, have been com to close their establish- ment. ‘The Rutlond and Washington Railrosd Company owe them $100,(00, whieh {s unavailable, at least for the [Rens They employed between seventy-tive and one andred handa,”” In Massachusetts affairs wear no very promising as- pect. The Boston Traveller has the following:— During the sum and day laborers have comman their o j, tnd it has been with dim- culty that contractors and master workmen could get and sufticient laborers atany price. But for some weeks there has Leen a general falling off in the demand for men, for the simple reason-that there has been a falling off of orders for work. Some manufactories have been compelled to discharge large numbers ef hands, so that where there have been hundreds employed during the summer, there are now few or none but the foremen and the apprentices remaining; and other estabjish- ments which bave not discharged thelr hands generally, havo yet found it difficult to keep them employed. e understand aleo that in Worcester some of the large ma- chine establii its are rapidly decreasing the number of thei and also the number of hours during which they employ those who remain, «FROM WESTERN VIRGINIA. A correspondent of the Tribune at Parkersburg sends the following:—*The -pressure for money has placod a bar to the further construction of the Northwestern Virginia Railroud, so important to the prosperity of this place and section of our country. Thirty days notice, an required by thelr contracts, is being given to the con: tractors on whole }, to'cease work, This will de- stroy the hopes cf our town for some time, and prove exceedingly disastrous to the poor laborers, who aro thus suddenly deprived of the means of subsistence at thig most inc! it season. God pity them! The cons tractors can go on, provided they will, take one-half of their pay in the bonds of the company. Provisions are enormously high for this region. Less than eighteen months ago flour was sold at $3 75 per barrel; now it is $8 60, and all other things in proportion. Tt is as much as people can do to live at all.’’ {Argument of the Tribune philosophers conoerning the causes for this general depression:—) THE OF INDUSTRY, publish, to-day, » ‘collation of facts, obtained ox- for the Tribune, from the various classes of roe- 8 and tradesmen of this city, regarding the imine- ly dreary and prospectively desperate condition of industry and commerce. To such original statements are added extracts from various journals in different qaai ters of the Union, whieh, with hardly anexception,exhibit kindred distresses. These all e the force and invul- nerablences of arithmetical details. They prove that the chief ee nahaive to the life beh nation are now partially or w! collapsed; armies of toilora are hurled from the factory or the shop into the street, awaking in the morning to the of stealing fora subsistence or starving outright. iy may be a matter of indifference to the slave-drivers, who have shaped the national legislation of this country from the start, but to the workmen of the North, who are not yet on chain- ange, tt is @ question of wild extremetios—of ath. In keeping with this state of things genvrally, this city, whieh, Secretary Walker's re- | port in 1847, with his trade doetrines, was according to British free to advance majestically in unbroten prosperity up to the of the world,’’ has, time she became ‘‘the clearing house under that system, fallen to scondition which in is considered the attendant of revolution; for insnr- rection there is sinere: accompanied by want of work. Let us glance at the industries of our community; | fron, for example, which is the base of civilization, and | without which no nation can be great or independent, where is it? One-half of the brawny sons of Vulcan aro out of employment; @hey are ready for hard blows and hot blasts, but the polley which looka to British free trade She teneces, has tora Iabor from their hands. The other half, employed, have the same bright rion Toot as vietims—condemned, though not yet sacriticed. ‘ext, the printers, the exponents of civilization, are shown in our rerumé to be ina state as calamitous to themselves as injurious to the Faget gh oie y work and bread. And so runs the story with almost every vocation necessary to n civilized state. What a picture is here presented! The same exhibition as in 1942, as 1524, and other periods, and the same to be shown at in- tervals until we alter eur polic: ,and give due protection to American indurtry, up to the time when it has the age and strength ery for self-sustenation. There is one branch which, it {a affirmed, has not suf- fered in common with other and that ij the sé of costly knicknackeries, ‘women’s superlative var. ‘Taking thisas an exact presentment, it shows hat certain rich classes, including those who lire upon thaving paper at from 26 to 60 per cent, can allord to ars monty profusely for foreign goods, though tens of thoueands of native workmen are wanting the first ne- cessaried of existence. Theso delectable phenomena are also exhibited in Europe—startling contrasts of wealth sod ex! and poverty, of ease . In count whose institutions and legislation are ada) togeeance the well being of the greatest number, ean never In a word, these statements’ doleful and irre. fragable, are not to be slighted. We call upon the men at Waehington who claim to represent the. people, and who are agitating a scheme of increasing by BO) cont their own salaries, as wellas those of some other offi. cers of government, to heed such vast manifesta- tions of want ond woe. The time has arrived when the execrable ignorance snd_ pre- sumption which broke down the barriers reare? for our native industry are producing their fruits, The accident | 0 Californian and Syetratian gull, which dglayed the present. Under protec: tion, every class would become comfortable, and gradu- ally rize to the enjoyment of sp ae and luxuried, of it from the tariffs of 1828 and 1842 were entirely in ‘that direction. Let the mechaniecd and laborers give. over the delndions —- free trade aud slays Sate mecha ete ve su) ported ¢] and we Hi ali see the present difficulties and distressep incontinently away, and the prosperity of serene years assured om @ scientific and permanent 8. Cee ALLEGED EXTENSIVE FALSE PRETENCE OASE. “ Yesterday afternoon officers Underhill and Moore, at- tached tothe Second District Police Court, arrested a peraon named Alexander Lemort, living at No, 32 Cran- Derry street, Brooklyn, om a warrant issued by Justice Clarke, wherein it is stated that he has, by false pre- tences ant fraudulent representations, obtaived $16,000 im goods and cash from Mr. Alexander Carpentier, of Na. 47 Stone street. From the affidavit of the complainant, it appeara that between the months of February and June he has sold Lemort $10,000 worth of goods oa eredit, and that he bas endorsed notes for him to the amount of over $5,000, through fale representations. ‘The Court held Lemort to bail in the sum of $5,000, tu answer the charge. A civil suit between these parties is ph — in one of the civil courts of this city, where a is under bonde of $7,000. The matter will soon be investigated and cleared up. As it is now, the case is involved in a great deal of intricacy. ARREST OF A POCKET BOOK DROPPER. Yesterday a man named William Fouche, sliat Frenchy, was brought before Justice Osborne, on charge of swindling a countryman named Rufus Rittenhouse, ont ef $40, by the “drop game.” It appears that while Rittenbouso was walking along Cortlandt street, the prisoner came up te bim with a pocket book, which he re- presented he had found, and which, no doubt, contained a amount of money. Several figures—tives, tens, fea and fifties—were shown the green one, who, imagining that the treat 4 shown him was genuine, gave the finder, (Feuche,) at his suggestion, forty dollars in good money for the wallet. On arriwog at the Northern Hotel, where he is at present residing, he soon found out how beautifully he had been ‘taken in and dene for,” and immediately started for the Third ward station house, where he gave a description of the man that had japed him, From the account he gave of the transac- tion house, Fouche-was arrested by offlear Hope, tified ae ‘the man that bad indneed Rit- tenhouse to Ra With kis money. The wagiatrate held | the accused to bail in the eum of $300 toanewor. ; ABREST ON CHARGE OF BURGLARY. i John Martin and Edmund Gamble were arrested by officer Quinn, of the Sixth ward police, yesterday, ana taken before Justice Osborne, on the charge of having the night previous burglariously entered the lagor bier saloon of Augustus Meyer, in the basement of No. 12 Canal street, and stealing therefrom a quantity of liquor and negars.” They were committed for examination by ‘the presiding magistrate. SELLING LOTYERY POLICIEG, John Warren, who keeps an exchange shop at No. 105 West Broadway, was arrested yesterday on the com- plaint of Herman Vorhies, who charges him with having ‘on the 13th inst. sold to him lottery tickets on one of the Delaware institutions, for the sum of $10, and that he made a hit of $300, but Warren refused to point over the requisite cach; whereupon Vorhies becaiie somewhat vexed, aml made a complaint before the magistrate, where he stated that within the Inst year he bad spent mor than $200 in purchasing lottery tickets at Warren’s of- fice. The accused was held to bail in the sum of $300 to ‘answer. GRAND LARCENY. a Bingham Spingler wae. arrested by officer Curits, af the Fighth ward police, charged with haying, in com- pany with two short boys, who are not yet arrested, en- my the hoase of Annie Guldswith, $28 Greenwich stree stealing, from her persona gold watch and chai valued at $ The party went into the houee in an in- toxieated con mM, and com abusing the in- mates, They beat the complainant in 9 vidlent manuer, and finally snapped the watch out of her pocket. The chain was found in the possession of Spieler. ‘The risoner was taken before Justice Clarke at t intriet Police Court, who held him for examination. ‘ SELLING DISEASED MEAT, » TO TOL KDMOR OF THE HERALD. An article sppeared in your paper of yesterday heated ssaberé, and cigeed MosteD. Kipp, who hal eon ac- rested on a charge of selling diseased meat to my fami- yy T should not trouble you with obis were it not that ipp saya he reristed all cfforta to induce him to settle the matter, preferring rather to meet the ealumny—thas implying that the complaint was made to extort moncy, ‘The complaint was mae by me. I communicated firat ipp the fact that the meat bought from bim on exnoon was rotten when cooked on Sunday tunity to satisfy me on ¢ no satisfaction, and ap- pai tit. As my consiata of twenty persons,I felt so indignant that I preferred the complaint in question, and halt prosecute it to judg. ‘ment, considering it @ public duty so to da. PETER GISEY. Waveniey Hover, Broadway, Dec. 18, 1854. Ball Playing. THE KNICKERBOCKER, KAGLE, AND GOTHAM BASE BALL CLUBS. Cricket.is not the only game of ball that has its ad- mirers. There are now in this city three regularly or- ganized clubs, who meet twice in each week for about eight months in the year, for exercise in the good old fashioned American game of bare hall. The names of the elubs are, the Knickerbocker, Fagle; and Gotham dase ball cluba, The Knickerbocker amd Kagle play at the Elysian Fields, Hoboken, and the Gothamites at the Red Houce, Harlem. These cluby are composed of residents of this city, of various profeasions, a h numbering aboutghirty members, and their conducted in su nanner, in point of system an¢ economy, as to enable all persons who can give the ue- cessary time for the purpose, to enjoy the advantages of this noble game. There bave been a large number of friendly, but spirited trials of skill, between the clubs during the last seazon, which have shown that the game has been thoroughly rystematized,. and that the players Lave attained to great skill and activity. ‘The season for play closed about the middle of Nevonber, and on Friday evening, Deo. 15, the three clubs partook of their annual dinner, at Fijux’s, in Barclay strect.. About forty-five members were it and enjoyed them- selves in » manner that indlented that ball playing does not seriously diminish the appetite, cither for physical or intellectual enjoyment. Too much cag searcely be said in commendation of the quality of the gond things furnished for the occasion, and the mdde in which they were cooked and ecrved tip, an the rapidity with which soups, fish, meats, game and fruits disappeared clearly indleated. ’ The eompany reparated at a fate hour. Theatres and Exhibitions, Broapway TaeaTEE.—The Pyne Opera Troupe appear this evening in the admired opera of the “C.o¥n Dismonds;” the character of Don Henriqne by Mr. Harrison, Rebcliedo by Mr. Borraui, La Ga- tarira, Miss Louisa Pyne, and Diicu b7 Miss Pyne. At the finsle, Misa. L. Pyne will sing Rode’s vele- trated air, with variations. The ‘ Blighted Being” concludes the omusements. Bowrry TarataE—Tbres fav: rite pieces are an- noupeed for this eveniog. The first piece is the farce of the ‘Mysterious Fami'y,” with a good cast. ‘The vext feature wil be the great ascent from stsge to gallery on the tight rop2, by Mde. OLiozs aud ber sister. Tie drama of the ‘Old Osk Cuest’”’ will fcllow, and the drsma of “ Jack Sheppard” con- cludes all. Nrsro’s Garpgy.—Mlle. Nau, who Is delighting the audiences at thie theatre curr night by her sweet singing, appears to-night three operas. ‘The cpeniog piece will be the first act of Donizetti's opera of “Lucy of Lammermoor.” This will be me- ceeded by the second act of the ‘ Syren,” and the third act of the “Somnambulist” concludes the en- textainments. Burton’s Turarra—The much admired piece called the “ Upper Ten,” which is drawing —_ houses, is announced sgain for th's evening. e wy, ene Fee ug: called “ Ay “ey in New Ot 8 . The r! ve casts’ embrace the mo distinguished members of Burton’s company. Waunacs’s Tnzatre—The two new pieces, “ Two to Ore” and the “ Gent'eman from Ireiand,” bave been no succeseful, that the manager announces them again for this cvening. The casts embrace the nemes of Blake, Leste:, Bland, Mies Rosa Ben- nett, Mrs. Hoey, Mrs. Stephens, and ot ier emirent artiste, The “ Artiul Docger” termioates the amusements, Metnororigan Tueatre.— As Mr. Anderson’s engegement is drawing to a clcse, those who wish to tee good acting by Anderson, Eddy, . M Jores, should vit the M . Schiller’s tra, edy of ‘'The Robbers,” with Anderson as Charles de Moor, will Commence, and the play of “La Tour de Neale,” with Eddy os Capt. Bar » concludes the amusement. Amenican Musxom.—The eelections for the after- noon are the piece called “Quite at Home” and the bang! Minne Five - ey ‘eve- e tra; of “ Virginins "—Mr. J. R. Seott in Ke cheracharod thet mes Mr. C. W. Clarks as Teiline, Mr. Hadaws: fe Dentatus, and Mige Emily Masiayer ae Virginia, tex: Woon’s Varierms.—The pepe for thie Ln we iy ne in FINANCIAL AND COMMERCIAL. MONEY MARKET. Mowvar, Dec. 18-6 P. M. ‘There was rather a bive market at the opening this morning. The bears found prices lower and hammered them down to stil) Jower points. There ‘were tellers in abundance, while buyers were scarce aid timid. Gontracts 01 time, either buyers or sel- Tere option, were put out freely, and the feeling ap- pearaj to be gaining ground thst a greater depres shen than ever before reallzed in this country is vot fox distant. It is somewhat astonishing that in such times of distrust and depression that unproductive | {sncy railroad e'ocks command anything like cur- | Tent quotations. Morey is too valuable just now to | let it remain idle, locked up in any fancy se:urity, and we have no doubt there would be a general rash to get out but for the sacrifites required to do so at the present time. The desire to realize ia no doubt general, but many are induced to hold on with the bepe that by 20 doing they may obtain bet‘er prices. The prospect at present is poor enongh, and it would have been mucu better had they madea cleausweap weeks since. At the first board to-day, Mlincis Central bonds fell off 2 per vent; New York Central donde, 3; Cumberland, }; New York Central Rail. road, 2; Reading Railroad, }; Clevelan? aod T':kedo Railroad, 1; E:ie Ratlroad, 3; Harlem, }; Chicago and Rock Istand Railroad, 1. Virginia 6’s advanced 4 per cent; Delaware.and Hudson, }. There was u mole of Stenivgton at 59 per cent. Nicaragua Trensit closed at prices current om Satarday. At the seoond board there was no particalar charge in tbe market. Reacing Reilrcad was in active demand; New York Central Railroad was weak, and cload at } decline; Eria Raltroad im- proved a fraction. There was nothing of conse quence doing in other fancies, spilt After the adjournment of the board the following | sales of stocks and bonds were made at aaction:— $14,000 Ohio and Mississippi RR. 24 short, Int. added, 624; 1,000 La Crosse and Milwaukee RR. 8s. de, 81 900 do. do. de. 824g 600 de, do. do, 82 1,500 Toledo, Norwalk & Cloveland RR 1st mort, do. 80 a ag and Missiasippi Railroad. reese 50 6. go Home Insurance Company... 87 80 do Mechanten” & Traders’ Fire Insurance Uo, 8855 50 do: Keystone Insurance Co.; of Philudelphis.. 60 20 do Astor Fire Insyrance Company. my 200 do Harvey Steel and Iron Cenpan:; 14 200 do Mlinoin Central Railroad, (10 paid) Simeon ‘Draper's regular semi-weekly auction | vale of stocks will teke ;lace to-morrow, Tuesday, ot helf-past 12 o'clock, at the Merchants’ Fixcbange, ‘The teceipta st the office of the Assistant Trea- surer of this port, to-dsy, amounted to $57,154 57; psyrents $1,346,371 87, of which $1,000,000 wae s trapsfer t> the bnilion fuud; paid for’ sssey office, $07,519 66;—balance, $4,239,169 26, A Sew-days since 126 shares of stock in the Trades meu’ Bark, and 145 shares.cf acrip sock in the some ihetitation, were “sold st auction, at the Morchant’s Exchange, at 106 a 106) per cent. ‘Within the ‘part year this atock Pad sold ss high as 149 o 180 percent. When the stock sold at thes high prices it carried a claim upon a large sifrptas whieh had for seme years been accumulating. Toa surpius wae divided some time siace ameng thd stockholders at the time, in the shape of scrip, ani pert of the. sales ma‘e at auction ou the 12;h ins’. was of that scrip, and part of the old stock, surplas éividendcft. The bank will, npon the expirasion of ite pressut charter, continue busizess under the general basking law. . ‘ Ever since the inavility of the diredtors of the New York Central Riflroad Company to pay in | cash the balf yearly dividend decitred in Angust last, and the consequent gradtal decline of its sto2k since that period, there has beeu'the greatest orxiety manifested by the stoukholders. The fear o! | another failare to pay. the February dividend also | very much sggravates tha uneasiness. Persons in this city and Boston interested in the road, who hold | large quantities cf the stock, feelfng anxious to be | represented in the new board, dispatched measen- ; gers to Albany, the headquarters of the ceotral ‘power, urging the importarice to th:mof having a | Voice in the in-coming board. Two directors in | this city and one !n Boston were guaranteed, on con: dition that the proxies in those citfes were secured in faver of the ticket which should be presented ou the day of election.. A vary: few out of the city of Albany were cognizant of any such arrangement. Wednesday last wes the day of election, when the ‘ticket presented contained the namesof Schayler Livingston ‘and Edward G. Faile, of this city, aud Nathaniel Thayer of Boston, in pla-e of John Wil- kinson of Syracne, Henry B. Gibson, of Canandi- gus, and Avarish Hoody cf Rochester. There was no explavation giver, no reasons aszigned, for sam- marily dispensing with the services of those thred expericneed gentlemen. Mn Wilkinson was, at the time of the consolidation, and had besa fram an early period, president of the Utiva ani Syracuse road. Under bis management, that portion of the line petween the Haison river and Lake Erie yielded & very rich por centage to the owners, its stock reaching frequently as high as thirty per cent atove par. His ektll ard indefatigable industry, togéther wit tho admirable ciscretion constautly ised in bis general supervision and superintendence, entitled Mr. Wil- kineon to the merit which was aniversally conceded him, of being one of the moat snecsesfal rairoaa managexs in the country. Mr. Gibson having for many years been connected with the Aubura and | Pr Rochester road, and M:. Boody witn the Dutfaio and Rocl'ester, are aleo gehtlemen of practical expe { rience, having, daring their connection with tnose reads, rerdered ‘themselves perfectly satisfac- tory to the stockholders. whe+e property they baa in charge. There remains a mys‘ery in this mater which must sooner or later be expliited,and the entire transaction Iaid bare. Thor stockbojders | who have.confidence in these men will know the reason why they were uvhesitatingly thrust from } i the boord of direction. It seems that the stockhold- | ers present at the election on Wednesday were com- jelled, by come means Or other, to place their o#n temesapon the back of the tickets before voting. Why :uch an act of esplocage Was resorted to can | be imagined very easily. . | Although # report of the affaira of the road, | sworn to by ‘two of tte officers, was submitted to | the mesting, it did not prove satisfactory to the stockbo'ders present; for as soon as the elestion for | directors was ended, a meoting was held. Chancel: | Jor Walworth was placed in the chair. At this | meeting a resolution was adopted requesting the | directors to appoiat Mr. Swift, of Boston; Mr. Stab- | bins, of Cazenovia, Madison county, in this State, and Mr. Battelle, of New York city, » committee to make examipatiors of the books and affeire of the company, and present a specific report of the man- Sgement of the road during the preceding twetve months. It has not yet been decided by the new board of directors whether they will permit a scrutinizing investigation of such acharacter. Another sear sh- ing resolution was presented by Mr. Leavenworth, Secretary of State, soliciting information upon these points, az well asotters, viz.: Whether the directors have been in tte practice of purchasing from any of the officers or sgents of the road supplies and ma terials for repaitsor construction; of what amount,- kind, quality and price; whether said dire store have purebaeed from on officer of the cowpany a site for adepotin the city of Bufy!, and if e:, the price Jele hoe@o; wheiber Wo bugdred gud bity agrees of Darren gondy load, lying between AYbeay and 8 henectady, have been purclased from Gen. Van Renmelaer; whether it is propor or necessary for 8 railrosd compsay to invest large sums of money in the construction of steambosts on the lakes; whe ther a Jate and present director receives o salary as treasurer, and also salary, perquisites or fees as attorney of the Centra! Railroad Company. These matters of inquiry were referred to the above named three gentlemen, who will report upon them if the directors’ books are “opened to their imepection. These inguisies are very significant, and cestainly mean something. Mr. Leaven- worth would sot have introduced resolu tions instituting inquiries of so grave and im teresting a character as thoss referred te, without he believed there was some foundation for his ae- tion. Being a stockholder, he undoubtedly desires to know the reason why he receives no avails from his money, and why his property has depreciated in value nearly one-half since the consolidation, when the present managers obtained the contro) of it. If Erastus Corning, President of the Company, realizes fifty or a hundred thousand doliars aanually by furnishing iron supplies—it Dean Richmoad, vice- president, was paid two hundred thousand dollars for the site for a depot, and the property not worth one quarter of that amouat—if Gen. Van Rensse laer received two hundred dollars per acre for a large tract of randy desert, which no farmer could live upon—if John V. L. Prayn, a director, is employed under a high salary as treasarer, and at the samp time seceives from the company an additional heavy amount as its attorney—if hundreds of thousands of dollars have been expended on Lake Erie in baild- ing steamboats to run to Clevelard, Detroit, and other places—we say, if theve exist, if such trans actions, have ocurred and are likely to contiaue then the stockholdezs should know is, in order that: they may ascertain the reason why dividends are no longer paid, and why the s:ock ia constantly de creasing at euch an alarming ra‘e. The Mechanics’ and Farmers’ bank, of Spring eld, IMixois, was taken possession of on the 9th instan: by the receivers appointed by Judge Davis. “The Providence Journal of the 1éth inst. says, in reference to the failure of Hil!, Carpenter & Oo.: A rumor was started in Wall street, New York, yes- terday, that one of the Rhode Island banke would have to suspend on account of the failure of Hill, Garpenter & Co, We have taken pains to ascertain the facts from the highest authority. The Providence banks will not probably lose anything, being all protected b; en- dorsers. The Vauk in the country that holds most of thelr paper, and is probably the one referred to, has & capital of over $€0,000, and from $10,000 to $15,000 of their papers, all with another name. The value of merchandise exported from Phila delphia to foreign ports, from the lst to the 14th inat., was $227,350. More copper mines have been discovered in Fannin county, Georgia. The metal is the yeliow sulphuret of eopper. One of the veins ia twelve feet thick. ‘The value of produce, &c., exported from Mil- waukie for the year 1854 amounts to $4,783, 070, of which $1,123,000 was in flour, and $2,437,000 ia | wheat. : ‘The warrante entered at the Treasury Depart went, Washington, on the 16th itst., were: For the redemption of stock... For pasing ather Treasury debi + 66,1 For tte Castoms .,.. 3,810 37 For covered into the Treasury from Customs., 4,408 10 For the War Department ne + 35,208 69 For repaying in the Wi + 91,038° 5) For the Navy Bepartine 10,000 For the Interior 1opartm + 20,975 43 ‘The redemption of the public debt at the Treasury wepartmert, Washington, during the week ending om Saterdsy, wore :—Loan of 1842, 969,000; losa Of 1846, $30,500; loam. of 1847, $264,850; loam of 1848, $29,800; Texan indemnity, $61,000. Total, $455,150, The receipte of the Chicago and Mississippi Reil- road Vompany, for the first week in December, were - $35,453. The following {rwurgace companies bad pelici-r on property recently destrojed by fire ia Pniladet phis >— lin, $40,000; Pennsylvania, ,000; Kina, Hartford, $10,000; $10,000; London and Liverpool, $10,600; i:quitable, Lon: dom, 10,000; North American, $9,000; American, Phila delphia, 1,000; Philadelphia, $500; Equitable, Phitade! phia, $560; Reliance, $400. ’ Total, $125,300. For the week endwg Saturday, Decomber 9, the shipmente of-ccal from the Camberiazd region were swall, owing to the closing of the canal v9 ice During the same period there were traceported over $22,000; Girard oval, Liverpoo! Pt #2 the Cumberland Coai and Iron Company's railroad | SSERSSERRES rf Eeeuee $9 SOs Rese: pace Soosyor ia a 3 £8 steiesee’ 2HEs a3 cys 38 eS E282 BeeeRs gSS288= nainesonsnnan ie Dec. @., 80,593,687 Dec. 16, ., 80,946,664 A comparison of the aggregates for the past with those for the weet previous, shows an— Increase in discounts of. Increase in deposits Increase in specie of. Decrease in efreulation of, December the arrivals of gold and gold dustat thie port have been nearly three millions of dollara, and the Sub-Treasury has let loose about ese mil- lion wore, making the total receipts about foar millions of dollars, notwithstandiag which we find the banks have cnly increased their supplies ia the same time about nine hundred and sixty thousand dollars, If there hadin teat two weeks beam the usual exportation of ove million per weck, the baaks would just mow have been ip a very bad porition. The line of discounts showes « smail increare. ‘Phe redaction of }saee in the banks of this oltv, from the highest poiat since the weekly statements commenced, has bern about seventeen midioas of dollars, equsi to.abent sixteen per cent of the aggregate. Most of thie re duction has been realized within the past three months, and to this suddem centraction must be at- twibnied the collapse which has overteken ararly every interest of the count:y. It is all monsexae for the abolition organs to say vhat the taiffof 1846 is the cause ef all existing difficulties, It is simpty | absurd to talk about the excessive importations being caused by the low rate ot duty levied upon foreign Manufactures. All that humbug exploded long since, and most cf the party papers have gives up arguing tbat point ; but once in a while we find some one bard up for politios! capital, firing awoy at the revenue tariff, just as though all car | Gmancial difficulties had been caused by that feature | im our commercial ayetem. It is the height of folly and ignorance to harp spy longer upom that string. It has been worm out, @ad is completely out of tune. If our protection philosophera would look more deeply into the banking movements ef the country, they wpuld soon fiad the real cause ef ail our expansions and con'‘ractiens; they would socom find that the course pursved by the banks would at one time lead the community into all sorta of speccs lation and extravagance, aud at ancther inte the | severest and most protracted contraction. By am i} 1 4,582 tons, and over the Mount Sivave Iron Com | pany’s rsiiroad 2,220 tone—msking an aggregate from the Frostburg region for the week of 6,802 tone, end for the season, 457,187.10 tons. jeorge’s Creek Cos! and Iron Company's railroad Over the | there wore transported 3,175.11 tors. Total fcom | the Weiternport region for the week, 3175.12 tors, | and for the season, 175,066.12 tons. Total from tue whole oa] region for thé week, 9,977.11 tons; acd singe the Ist of January lest, 632,244.02 tons, of which 481,971.18 tons were trausported over the | Baltimore and Ohio Railroad, and 150,272.04 tors descended the Chesapeake and Ohio canal. ‘The annexed statenen‘ exhibits the average daily | condition of the leading departments of the banks of this \ ity, for the week preceding Sattirdsy morn ing, Dee. 16, 1854:— ’ New York Orry Banka. Loans. ‘pecie, Cireul’a, D 631,798 % 2,446,840 3,653,430 703, i Maihet, ft, Nie shee & Lee’ | Corn Pxebenge , Continental. ....2, Commouwcalt! Otiental Mari Allantic Island ¢ X.Y. Dry Fea Bull's Head ‘Total .. 14,077 $80,046,604 11,471,841 7,261,111 61,897,008 $102,961,627 + 102,194,488, Balances weck ending Dec. 11 $5,090,446 Lo. do, Dee, 18. 5,006,020 to the last weekly retnrns -— New Yorn Crrv Bayns, Jaans. Deposits, Circulation. cle, 1868, Spe 0,656 $60,018,171 $0,964,106 $13,174,561 June Aug. 2 7 67,617,058 9,424,786 11,102.55) Rept. 17.. 57,612,501 9,506,723 11,860,295 Oct. 22... 55,748,720 9,388,543 10.3087 440,494 9,151,443 12,601)324 $,939,830 12,166,028 9,075,976 11,500,124 April Apr May 1 tement exhibits & comparison of the | condition of the leading departments from the first up | | avenue, 100 sect north of Forty-ninth street, inflation of credits aud curremey the whole comenu- pity are at one time induced to engage in every species of enterprise, to invest all they have and all they can borrow im speculative opera\ions, Ia the midst of this apparent prosperity and artificial expansion comes a contraction, and from ease apd sbur dance we ase almost instantly reduced to wast. Money snddenly becomes aosroe, the beake eal! in their loans, the demand for mgucy daily imcrenass, and rates of interes: tapidly rise, The moans to meet payments become sensibly restricted aykeqm fidence becomes impaized. Tae banks continue t® contrast, aud compel those whom they have ied outof their depth into tae sea of speculation to submit to all sorts of ssorifices 40 sastain thepe- eelves for a time, and finally sink into bankrapicy | axe mercsptile dissolution, The banks are the greatest curse the ccaxtry has ever bcen sffticted with. T) ey are the cause of our excessive imyor- tet'ons, our extravagetoe, oar speculations, and quer auffizing. We bave bad enough nonseme about tue terif. .We must leok to ous legislators to pegu- ¢ the banka. ei Stock Exchange. » _ Morar, Dee. 18, 1864) { 10 shs Read BRO O6% 4 do. Big , 1EDOO Va, 6's 40 sbs Bowery Bk. ..100 409 Del&Hud Canl.98.104 800 260 spEaEtARE GEES do.....b4 m.106% , 160 5 Ek of Commerce.100 _50 5 4 10 Obio 1. 200 Nie Tr: 50 TOO do. 250 Canton € 100 a SP EBEES Re eta) ot Fr we Ws 0 if 70 @ Chic &RIRR... 7% no BOARD. £10000 Va 6a, 9 100 Reading RR..»10 6534 go do... WB BBY 100 do... 83 66) ‘360 she Krie RR... 34% 200 rr) de... Aj, 100 le ae 106 i % = 200 Canton Co......6 17) 50 de, wh 60 Fisrlem, RR. 020 tas 50 Panaina RR,,.b&O 72 200 do. oe M56 100 Reading RR..b® 66 15 NY Cen 7835 800 ao... 20 do TOM 200 do. lo a TN CITY TRADE REPORT. Monpay, Dec. 18—5 P. M. Asis, Nothing new occurred in this line. Breavsttrys.—Flour was less eetive, but ruled pretty of 5,00 bbls, State and Western at Sa prices; £00 Dhls. extra Canadian, fres, at $1, an Doin. fouthern at former figures. Wheat tinued scarce. The sales embraced 4,500 bushels Canadian white, free, at $2.09, and 750 bushels fouthern red at $1 674; per Rye, oats and ber- Tey were unchanged. Corn was in fair supply and Hraitea ‘The cater consisted of only 34,500 bushela, at a voc. for Westerm mixed, and 4c. a’ 96c. for South- ern white and yellow. Corny. About 500 bags of Rlo was sold at Oc. a 108., end [6 Logs government Java et ec. Covron.—Including the salet made on Saturday afier- n and to-cay, about 1,500 bales changed hands. The Ket clowed without farther chat Rates to English ports favored shipperw. about 1,156 tales of cotton were taken at yt, ciety comprersed; about 15,000 or 20,000 bnahela of corm st rates rangitg between 330. a 446. in dglkt ond ‘eps: (00 halt sta of tea at lbs; 1! a flour at about 1s, 64., and 100 tierces of bacon at IGn. ‘io Bvemen 150 bales of Antwerp 150 tons logwood were taken at 278. 6d. rel was taken wp to load with corm for Cowes and market, at 74. in bulk. To California rates varied {rém Sie. a 4Ce. per foot, with » fair business doing, Frurr.—Tbe market was quiet, and prices n= Tay. —The market was stcady, with moderate Hors were scliing more freely at S8e. a 36¢. per Ib. Lrap.—The market, waa unchanged. Yor s lot of English xoft, ¢e., time, was offered and declined. Ga Iona was nominal vt old figures. Jape toege ‘Was scarce aad quiet, at unchanged rates. Morsseve—Sales of about 400 bhds. Cubs clayed were- made on private terms, for distillery. Navat. Storm.—About 1,000 bbla spirits turpentine wore gold at 4€c., cash, and 600 buls. common rosin at $1 85 per 310 Ibs., delivered. O1s.—Whale and sperm coptinued inactive; 50 caske olive realized but €4 9144 each; linseed was sehiing from store at Sle. a 82e. per gallon: inpd oil varied H Provisroxs,—Pork was purchased ia the extent of aT clad ried little. b=} Le 8 st 16 for mess, and # 5 ‘eased hogs and cut meats were made of 490 bbls. lard, at Jie, « 10340 per Inj and 200 bbls. beef at ju figures. “Bu and remained as last noticed. LEsri te at AvcrtoN. joy on iret ry 4 ft., $1,056, one next adjoining lart, south, same $2,050; ore on northeast corner sixty seventh and Tenth avenue, 25{t. Sinch by 100, Same east side Tenth avenue, commencing 20 ft. 5 of Sixty-sixth streat, each £0 by 100 ft., $455; ome sowth aide Sixty-eiath street, 100 feet east of ee i., $510; one north side Fifty. 100 feet we.t of Fifth avenue, $1,120, Kicr.— Tbe stles embraced about 150 cnake, included io which were 60 casks for export, and 50 for home use, ot Jc. for good to prime quality, Sucan. The tet ee a eee eee Now Orleans and Caba were imited. Tre ntatnte A cutee of Manlio Was sols for Botten, rercent off, ah ‘Obio and prixom sob