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MONEY MARKET. TUESDAY, Dec. 12-61 M. The stock market presents no new feature. At the first board to-day the operations were limited, and at lower prices. Erie Income Bonds fell off 1 per cent; IIIInois Central Bonds, %; New York Central Railroad Bonds, %; Delaware and Hudson, %; Canton Co., %; Pennsylvania Coal, %; Nicaragua Transit, %: New York Central Railroad, %; Erie Railroad, %; Harlem Railroad, M; Reading Railroad, %; Hudson River Railroad, %; Northern Indiana Construction, 1. The transactions in Nicaragua Transit to-day were unusually large, but prices fell off from the opening. New York Central stock still rules above the market value of the bonds, but it probably will not continue so long. The difficulty of getting argequantities of the stock when required, in consequence of its general distribution, deters sellers from putting out large contracts, and prices are therefore sustained much beyond its actual value. Holders are waiting patiently for a dividend. Their patience will soon be exhausted, when we may look for a greater supply of stock on the market. It was a long time before holders of Frie Railroad stock believed that investment was not the best on the list, and those who would not sell at 80 and 90 per cent have since sold at 40 and 50 percent It will be just so with New York Central. It willgo down as fast as Erie, and ultimately reach as low points. It is now the highest railroad stock on the market, and it is the most inflated, overgrown corporation in the coun try. Its capital, funded and floating debt, amount t nearly forty million of dollars, and will soon exceed tha enormous sum. It must break down from its own weight and when it does collapse, it will leave a sad wreck be hind. From the time of the consolidation it has been going rapidly to decay. Under the different companies the different stocks were kept at a premium, and large dividends paid, in some way, but since the amalgan tion, the tendency has been downward, and the entire concern bas become dilapidated and diseased. Since the consolidation, twelve million of dollars have been added to its indebtedness, without anything to show for it and the roadway and rolling machinery are in such a condition that an expenditure of from three to five million of dollars will be required to place them in decent condition. The opinion is rapidly gaining ground that the New York Central Railroad Company never will pay another dividend above two or three per cent per annum from its net earnings. The Clearing House closed up another bank to-day. The Central Bank failed to make good its account this morning, and was therefore suspended. This concern has been putting up an elegant marble building on the corner of Broadway and Chambers street, at an expense of about one hundred thousand dollars, equal to about one third of its capital,and the probability is that it will, when completed, be occupied for some other purpose than that originally intended. About a year ago, new banks were created at the rate of one per week, they are now suspending at about the same rate. We shall soon get back again to the old number. Bill holders of the Central Bank need be under no apprehension regarding their value. The returns of this bank for the week ending the 9th instant, were as follows:-Loans, $301,172; deposits, $186,249; circulation, $83,733-Specie, $22,405. After the adjournment of the first board the following sales were made at auction by Simeon Draper:$3,000 N. Y. and Har. R. R., 1st mort., int. added. 80% 2,000 Green Bay, Milwaukie, and Chicago 8's, 1st 81 mort., int. added. 18 40 shares Suffolk Bank 30 97 American Exchange Bank 20 23½ Third Avenue Railroad Company Adrian H. Muller & Co. regular semi-weekly sale of stocks and bonds will take place at the Merchants' Exchange to-morrow (Wednesday), at half-past 12 o'clock, At the second board the market was heavy and depressed. The transactions were confined to a few of the leading fancies. Nicaragua Transit fell off ½ per cent; Cumberland Coal, 1/4; Erie Railroad, 1/4; Reading Railroad, 1/4. At the close the market had a downward ten dency. The receipts at the office of the Assistant Treasurer of this port to-day amounted to $62,605 payments, $52,598 21-balance, $6,738,241 27. Paid for assayoffice, $50,198 50. There has been during the past two days a great run upon the different savings banks of the city. The Cham bers street Savings Bank paid out to depositors yesterday a larger amount than ever drawn before in any one day. The Greenwich and Bowery were very busy meeting demands upon them,and the deposits must have been largely reduced. The failureof the Eighth Avenue, the Knickerboel er, and the Empire City Savings Banks has alarmed depositors, and they are hoarding up their money in gold, distrustful of all savings institutions. We are not much surprised at this. The failure of three savings banks in less than three months is pretty well calculated to destroy public confidence, and we wonder depositors do not make a grand rush upon the banks still in operation and draw out every dollar due them. There is very little doubt in our mind, but that the Chambers street, the Bowery, the Greenwich, the Seamen's and, perhaps one or two other Savings banks are perfectly sound and solvent, and can pay every dollar due their depositors, but it will be difficult to make the public believe it, after the losses incurred by the failures which have already taken place. The warrants entered at the Treasury Department, Washington, on the 9th inst., were:$2,763.84 For the payment of Treasury debts 474 12 For the customs 40 For the War Department 91,213 12 For the Navy Department 726 74 For the Interior Department The Boston Transcript of the 11th inst. says:The business community in this city were surprised this morning to learn that one of the largest and most extensive dry goods houses-J. W. Blodgett & Co.-in Pearl street, enjoying a high reputation in all sections of the United States and Canadas, had failed and gone into chancery. The liabilities of the firm are between $1,900,000 and They are reported to owe one commission house in Milk street, $176,000; another, for $151,000; about $50,000. and there The are several failures others at the who South are and creditors West, and the utter impossibility of collecting the vast sums due them, is the cause assigned for this suspension. It is the largest failure of the season in Boston. The report of the Land missioner discloses some interesting facts in relation to the state of the government lands. It appears that during the fifteen months ending with September, 1854, the sales of land were 13,735,208 acres ;a very large proportion of which was in those regions where railroads have penetrated. This settlement of government land contributes largely to the success of the roads that induce the settlement. The land report shows that in the line of the Illinois Central region, where, for fifteen years, the government could not sell an acre, there have been sold 2,377,994 acres, much of it at deuble price. This tract, equal to the State of Connecticut in surface, will, in a few years, become tributary to the Central Railroad. In the midst of that large tract, the Central Company own a large quantity of selected lands-to be put upon the market when its value shall have felt the influence of the sales