The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-01-10

need be f.h with regard 70 the reserve. But the
iuct~.. Of the week indicate the absolute
necessity Of caution and prudence,
TIE mo, ey market continues very close; seven
Il readily paid to-day by the brokers, and in some
cases. a commission besides. The stringency IL
nrosucinr less effect than It did on the Sick ISx-
change; as for the merchants, they h.-ye not been
much troubled by it We hc..r, however, Of one
suspension, . grocery aoase of Front street-Mr
Rufus Story-whose liabilities are said to be heavy.
He was large dealer in spices, and is said to have
lost $l25 900 on pepper alone
The foreign exchange market for Wednesdays
steamer from Boston has not fairly opened yet,
and quotations are almost nominal. The brokers
generally speak of bankers sterling bills at 1854
100, with good Southern and other out of town
bills at l0s francs city bankers bills, at 6l7A no.
witlu6outhern bills at $50 a 22 The indications
are as BEFORE that the supply Of bills will be in
excess Of the demand, and that the ruling rates To-
morrow will be the lowest Of the season.
| At New Orleans exchange on New York CONT
nues to rule at discount, at which rate specie
cannot be probably shipped from here to the
South. There is nothing new in the other domestic
| exchanges.
| The stock market ia inactive, aud prices steady
| this morning; in the afternoon it fell off, and
closed lower. The reorganization Of Congress
| disincines operators to move with vigOr; and, as
we sec, accidental circumstances have for some time
past exercised an unfavorabe influence on particu
| lar securities Missouris to-day were depressed BY
rumors, probably well based, Of fresh issues Of
stock in aid Of the railways Of that State; they sold
in the morning at 79a and closed at 79s bid against
79s bid at the close on Saturday. Central went of
rapidly at IA for cash. the first board; In the af
,ernoon it sold at 73, and closed that bid against
| 74i bid at the close on Saturday. Panama was
rather lower, the sales being Mt 1874 !, and the
| closing bid 1874. The two leading Western stocks
were better in the morning. but fell Off afterward
closing for Galena 62l bid against 63 OF the close
on Saturday, and Rock Island 623 bid against 62l
| Michigan shares were neglected. Hudson River
was very stronghold at 42s an advance of 1, and
| closed 42i bid. Most of the Western roads will
feel the effect of the late cold weather in diminish
ed receipts during the first week in January. With
the thermometer at 20 degrees below zero, as II
has been the prairies people neither care about
travelling nor take their teams out II they can
help it. In the afternoon the bank statement ex
ercised an unfavorable influence, and the market
was generally lower; stocks closed weak at the
following quotations:-v Virginia &c, 903 81; Mis-
souri, 6,s 79s a ]; Canton, l6a a II; Cumberland
Coal preferred, l52 a l6; Pacific Mail Steamship
75laa; New York Central, 73a q &; Erie, 81 i
Hudson River, 42l q I; Harlem, 9 4; do. prefer
red, s3A "a; Reading. Al q J; Michigan Central
37a a I; Michigan Southern and Northern Indiana
| g. 4; do. guaranteed, leg &; Panama, 1874 q
| J; Illinois Central SIG So; Galena and Chicago
| 622 3; Cleveland and Toledo, I93 20; Chicago
| and Rock Island, 62a at.
We have received from the Custom House the
usual annual tables Of NE trade Of the port for the
! year 1859. As we anticipated the completion Of
those tables and published very full reports Of the
trade Of the port on January L. it il emily necessary
to give here the tables referring to the warehouse
system, which were not included in our returns
The following are the monthly figures of the with
drawals from warehouse, aud entries for ware
| for} bo anf