The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-01-26
FINANCIAL AND coMMERcsAL
WEDNESDAY, Jan. 25--6 p. N

WEDNESDAY, Jan. zO--o l.. NJ
This has been dull day in Wall street. On all
sides the report is that there is nothing doing.
A few bills on Paris. made at the South, sold
here this morning at5.224 $685. but as usual on
Wednesday, the exchange market was not active.
Money is very easy: any quantity Of 1t can be
had at six, and in some instances at 5a on ap.
proved securities. At the discount houses there
is marked disinclination to take any paper below
seven per cent; but at that rate first class long
paper, with two good names, can be disposed of,
and we presume that very choice short acceptances
would go at O., If limited at that figure.
Stocks are dull and inactive. The proceedings
at Albany continue to affect the price Of Central,
which fell OF to 72s this morning, but rallied AFTER
ward, and closed this afternoon at 72S bid against
73} at the close yesterday All the Western stocks
were lower except Rock Island, which sold at ad-
vance over the closing price yesterday. Panama
was inactive at small decline There was fair
business In State stocks and bonds at unchanged
prices. We note q sale of Michigan Southern firsts
at 7Oa. The board of directors of this company are
in session. and win probably devise ways and means
for paying the interest on the first mortgage bonds
before they adjourn. little further delay will
probably be asked on the second mortgage
coupons. The road is doing well the third
weeks business foots up $S2,0i6, against
$4,000 same week last year increase
$9,li0. The Galena receipts do not vary much
from last years. They foot up 1895,
against 100 last year; decrease STA. The
Illinois Central earned s54 $50, against $34 567 in
crease $l9,6l3-57 per cent. This afternoon the
market was better, and stocks closed steady at the
following quotations:-v Virginia 6s, % J; Missouri
6's, 79s a 8; Canton, 16i IL; Cumberland Coal
preferred, IA 1885, Pacific Mail Steamship, 7sl q
~; New York Central, ia a I; Erie, st a !; Hud-
son River, 400 q AL; Harlem, % 4; do preferred,
Bag a 3S; Reading, 37l IS; Michigan Central, SO
a !; Michigan Southern and Northern Indiana, 6
a /; do. guaranteed, 14l Ii; Panama, 1891 4;
Illinois Central, 564 /; Galena and Chicago, 80
a !; Cleveland and Toledo, 203 l; Chicago and
Rock Island, e3!a /
The Assistant Trcasurer's report Of to-day is as
follows
Total receipts. 1862 o76 o6
TOTAL pay ments. OBSERVATION-DISCLOSURES. 96,675 SO
na4nce 81
The Jura, which left to-day for Liverpool, took
ont SOL 800 in specie.
The exchanges at the Bank Clearing House TO-
day were s2ly3ljA1 g., and the balances 81 ,6l5,
SIS 81.
The Homestead Fire Insurance Company has de-
clared dividend OF three and half per cent, pay
abIeson the LIST Of February.
We are glad to hear that in the Legislature TO-
day Mr.. Conkling presented an important remon-
STRANGE from all the principal owners Of steamships
and sailing ships in the harbor Of New York. and
others, against the passage Of pro rata freight
law, or law tolling railroads, as calculated and
certain to ruin the commerce of the city and State
of New York, by driving the shipping trade away
from New York, by way of Montreal and Plrladel-
phia. The remonstr Ance is signed by the members
of the Chamber Of Commerce in body, and by
almost every large shipping and commercial firm
in the city The remonstrance and portion of the
signatures were read by Mr.. ConkIing