Chicago Daily Tribune Newspaper, January 7, 1878, Page 6

THE CHICAGO TRIBUNE: MONDAY., JANUARY 7, 1878 10 be expeels n mining. An Increasc In the Blsex Hills gold prodact {a expected. THR BANK OF ENGLAND, The teport of the Bank of_England for Nee. 10, : Rurplus, $16,30,350: private deponits, Government gecnrities, $06, 070, 28, 50,31, 080 notes wnemployed, $58, 8730507 notes fn clrenlation, §132,0 hand, $120,4u1, 25, THE BANK 0OF FRANCE. ‘The condition of the Has Cash and bullton, $111,400, 1033 #1560, 148,0803 bonda on hand, $62 155,000 notes %00; public deposits, $41,774,300; privata deposits, $00.481, 832, © ° UOLD AND ORBENBACKS, Qald was 102K @102 in greenbacks; Greenbacke were 07 4/BUTN centson the dollar FINANCE AND TRADE. sithin Fathee nacrow fimits, Wheat and com were weak varly, and pork sympathized in the move- fnent to some extent, while there wae littlc chanzo The later fecling was on account of reports that Dritish con- in the minor cereals. Business of the Chicago Banks Still Decreasing, v NEEF PRODUC 3 \Were siéady and ulet at §0.50 r exirs mess: snd for city, and T@THc public deposita, £101, 77D, 040; A" ehol H1LS-Prices ranged the sxme Axon Friday. iard and tarpentine wers A i quote: Garbon §28,012,200; w= Va8 quated at 74@7c forcountry. Eale was made of 400 briseity at 7'¢c. NREADSTUFFS. FLOUR~Waa dull, with no material change In pricess the demand being only focal, and for smait lota. The fone of th market was weak. 200 bria spring extras at £3.2335.57)6t 110 brl t $2.75@3.501 100 b termst and 78 bris buckwhest do t closed at the following Cholce to favorite brands of winters, €6.7347.231 Rood to prime brands of winters, £5.500 ©.23: cholce to ine apring, $3.30R0.00: falr to good spring, B4.73@3.331 low spring, €3.00@3.73: falf to Rood Mionetota springa $3.2%3.80; choles to fancy Minaerota springs. $3.7530.231 patent arringe, $7.000 9,001 low grade, $2.824@3.751 T7e, 83,238,403 buck+ wheat, $3.0543,50, fn good demand, and frmer, Bales were 43tonsat $11.25 per ton on track, And $11.23011.50 frec on board cars, BcrarxiNas—Sala was madeof 5 tons At $10.00 per descrintiona autet. 184es do Uilonis Tegal test, 150 dea,, 1 175deg. teat, e Michizan Tegal 20c: extra winter fard ofl, 73c1 No, 1. iinsee, raw, dic: hotled, Tkt Bperm. ' £1,00; nestafoot ol do extea, Hoct do No. et winter, winers oil, were again emall, cither to buy or sell. well an in Chicago are regard to the eitnation In the Fast of Rnrope, and prefer to be qniet thi events take ona more defl- nite mapect. They see reason to believe that the declaration of either peace or a more general war would cause very wide changes In quotations, and are afeald to risk the chances, #olong as neither event seems to be more probable than the other, Dry goods were in n vety faic demand. the past few days & noticeable increase in the vol- nma of orders has taken place, firm, The grocery trade displayed increaned netiv. ity, and & better, firmer feelingipervaded the mar- ket. Coffecs were the dullest of the staplaarticies, Teas and sugars were faitly activo and decidedly Rice, sieaps, splces, eosps, eic., were quoted about ateady. No changes wero observable in the butter and cheere these stable articles remaining quiet and steady. Drled fruite, both domestlc and foreign, wero Fish met with & reateicted aemand only, and prices were 1o a conslderable extent nominal. In tho lcather market nothing new was develooed. Tagging, tobacco, paints, and colurs were qnoted There was a gencrally quiet market for oils, with httle or no variation fa Linsecd was strong at Friday's advance. Lard and turpentine were neulected. . Lumber was quiet and unchanged. Dealers nre confident of & good trado as soon as travel can be resumed in the coantry, oot logs 18 much improved, snow having visited the lumber reglons geucrally. market was dull and outside People eltewhere as Floancial Bnsiness of 1877---Trade Sta- lstles for FEleven Months, [+ . 2, wimier-bieahed. trictly nure, £1.00) 1, A3ci bank off, 5t Striits, of France, Dee. 20, Fales were limited to ‘The Produce Markets BMore Active--« Hogs Steady--—-Provisions 1, 30" deg o 3033 re- Were aulet and steady at §°@3sc for Tho local demand (8 improvine, checked Just now by the cold weather, LTIV AND GAM Poultry, exeept turkeye Venlion was dull, aid most of the as tiio Now York taw atin that Siate af P1 ducks, dresse in_cleeulation, £3.25, Total, 483 small fota fram E—Were (n falr reaoest. receints come an ‘this marke riihi*a thie salc of this Wheat and Corn Rather Weak ~--Other Grain Steady. Prices romain FONRICN EXCOANGE, sas D3~rrimeta chol ruled B, the offerlngs st $1.31, snd prime was quoted at ‘wax wealk In consrquenca of Increase recelpt | geinmence to markst thelr crop timothy was wanted, and ming very light, Progress of Packing—Movemont of Produce During the Week, 27.s MinuLiNDs-Sales were 30 tons st $11.25@13.00 per TINANCIAL, The cleatines of the Chicago banks Jast week wera 33 per cont leas than for the corresponding ‘Transactions for the last quarter ©f 1877 were 10 per cent lesa than for the last quarter of 18705 and for the year 1877, 4.3 per cent less than for the year 1870, These figares sliow that the recent Luelness bas not been ‘yorable aa that of the Orst partof 1877, Increnned clearings of the first part of last year that mnke the average loss for the twelve months #0 moch Jess than the present rate of loss, figures show that businers, as measured in paper dollars, fs stlil decreasing, and, conpled with the xeporta of faflures, that debta contracted on the ‘ants of apecalative 1873 arc not caey to pay out of the profita of hard-pan 1877 and 1 ramo time, the busincsa of the country. its popula- lirosds, and weslth are increasing. distress of which we hear so mnch does not come from a decrease of wealth, but from a change in its o A jost And_ steady: Baginaw or 10t ordinary coarse, -‘:U‘ u!?;y. without bags, antinués good, and the market lo ey good do, 3333Rc fine, 6 nest, New “‘York fine salt, dniry, witn hegt, Attonrs—9ates wora 10tons at 811.25 per ton on teack. Tnited States as nt Conx-MEAL~Conree was quoted at $13.75@10.00 per WHEAT—=Wag rather moro active, and easter, The market was weak catly, declining te, but closed only e lower than the latest price markets were reparted qutiet, and New York was dutl, witli buyers id setlers apart, wiil otr receipis were M car-lomd belng Inspected into atare, day, Tie nows made ahurt selit &'ihte male the he same parites wern huyers Iater [a tha pession ro Toported e lower, which wes stdered ominous of mare troule in the attempt to Just the Kuropean diifent tradlag for fiture on ac & vory god shiping detn: Tentauppiyy and mnstof direct. caport to (814, declined clised at £1.07¢, Felter arst T United Btaten 10-40s.. i, 48opde good. United $tates new At United States now 4\; United States new 4 nei BROKERS' QUOTATIONS, 8 . Chieagn City 7 per cent honds. Chicago City 7 per cent tewe! Chicago City 7 pet ceny dull end unchanged. Friday. The British AL—Commun, 28AT0e: good du, T1@TBL me- o B £ a3a5iet clinic ¥ ~0X~Common, 3 2440k w0l do, £ Ew Eholcest, 88 eddte, ninon, AT {es finé, Audidel 83@38c; chutce, The prospect for eetting Thero wad ver Nt of outalile parifes, but partion ta the cure urchases were for ehraary_opeued at anced to $1.00. and n Yery quict at fgele . Ecller the month int with apet No, 2 closed st ¥l Tho hardwaro Wool and Uroom-carn rere quiet, the Western orders belng few and far be- tween, and the Eastern demand bas fallen off. Seeds were quiet, partly on account of the meagre suppiy, a8 buying orders wero on the market, and better pricen wera pald for timothy. eanter, being more fibely offered, to nrrive. Hiides, salt, and potatoes were unchanesmi. fralts were quist and atenfly. falr thoulry st recent pricea 1ight, exceptof turkeys. Game was firu, bxcepl GRALY 1¥ s1AUT. ‘The report of quuntitlen of breadstufla on pas- 'aago for the Unjted Kinalum, os vrinted yesturs duy, should read as foliows: 00LOS e=Uon) medium, W8A10E; Kood 1ne; 2023491 gomd comman, 0ATet eilfum, 41a 6301 tine, 432 i} fanis 'cloleest, ki 7dc, for maple; 8t 36.00 3 Tosarancs Comonn 0 G- Light & Coke her of Comnerce.. West Dirlalon (taflway7 *And faterest. —\Wns nuoted irm a §0.. ht And 4.0 for alatm, deliy ered. K Y—1at I butter deinanid, with no change In ales fouted up 0 bris st 81.U5 per WOUT~=IVag nuiet and steady. The stock telight. and ubtiesy all be wanted i the W os te stock of woo lomeatie, and W, 320 bal fediin unwask medlum do, s t befare syrini, Total, UT, 400 bu. in 0, 1 3Minnceuin, firat storade, N, 2 0 8t 81.00, R 3,000 I fre ou board curs, 4 rather weak, Friday: thouzh the Lriclan forelzn, Quois. e waslied, 376 ity it il wouls Fras: medium 00, 21 contre tommon. 1N@ {01 Ol LIVE STOCK. ¥ the WWestern Anoctated Press. Nrw Yonk, Jan. b.—Gold quiet, opening and closing at 102, selling during tho morning at Carrylog tates, 1-30@3-04, 7 gold, 7, 8, and @ per cent, arid silver at London not guoted. IHero eliver-bars sre 110 In greonbacks, 110 fo gold, Bilver coln, %@X dlscount. Giovernments steady, TRaliroad bonds qulet, States bonds steady, " tock market to-day wae irregulse. Coal shares opencd at an aidvance of D per cent, but under prossure tosell they soon declined 124§ percent. A recovery of about 1 per cont wan fol- lowea oy a decline of 4@1. citned 1@ !5 per cent at the opening, but later a wanced @1 per cent. Babsequently this improve- Tonliry met with & ‘The vilerings were The local loan market was yery qulet last week, The sapply of aegutiable paper was Iimiled, Dank- era rostricted themaolves, 28 a rule, fo the accome modation of their regular customers, and make them advances only for tho ordinary pueposcs of Dat ootside borrowers with €hoico collateral can oblaln losns st the banks and Rates of discount aro A@7 per paper, and 8@10 TCOUN=Was qnint ao regarded ns favor: voluma of arrivals and ufalie orilera were very (o (n number, the shippin; 1 roapect of fnereas re, hut the o KN L mar- needy increseo In Jegitimate business, Flour and wheat, ited sellers for on the street cent for call and short firat-cla pee cent on regular commerclal paper, Currency is sccamnlating In Chicago, the ship- ments being considorably smaller than the re- than the pree 3. » furnish tho fol- | 106 0 thovione, J, 11, Drake & Co., of this city, e, Fuary ROl at AI%G And selicr Sy at 414 e, bth cloning st the . Gilt-edged recelpts of N renilatn over re; e tlie month. Spot. Cash wheat at $1.03'4, with throu, ewt, and 2 per cent rommissdon on would vost 518 Lotk for urders, romps shipment, 51s4 per bu t the faso Canti corn ot 42%e, with through freights oo per, ent commiwlon on the curreacy Yalue, would cost 208 !id Cork for orders, DINECT IMPORTS. Tha following statement shows the dilferont Kinds of forsign goods on_which dntles have been pala ot Chicsgo during the vast week, with the forclgn value of the wame. i, the ciisrency selling value of theso gouda In Chlcago I8 auout $93,000: jass of Goodt, Cl ar of ' frelghts a3e nee ‘The gencral 1le* de- Now York exchange closed weak at 23¢ per #1,000 preminm. ‘The clearinga of the week were reported 28 fol- TJows by Manager D. R. Uale of theChicago Clear- ccelpts) at dides 2o bu | Woek befurd Tt ewt In gold and 2 e free on board cars. Total, . GATS—Vere a little more actire, and & shade consequenca, uf inereased offctines, Th ain amafl, bul the weekly statement In 1o stock, and IATKeF recelpts afe genor- Tho trading wis market was irm and higher, the advance from tho int ranging from 4 to i} per cent, the Int- which Toes to 48, claware & Hudson, Lackawanna sold up to 48, Morris & Essox to 7, Laku Snore to G1{ catern Union to 77l A X aily expected this woek: aiora: SeReral’ metidn: in tho market duriog the past weok, and mora atabiliity to prices than for many weeks' previous. recelpte wers conslderably larger than of late thers wasn correaponding increnss In the wrade requires ments, and seflers found no difiiculty fn reatizing and atquite as satiafactory priccs as provailed the week There was liitlo fault (o Lo found with tho quality of the supply, espectally that of the fiest halt of the week, tho general sveraga being goou for the time ‘Bhippers and the loc wiih Jess rvaerve than neretafore, and, all thines con- sidered, the past week must bo regaricd ae fairly satlufactory In {ts general results. The bulk of the trading was done within narrower Nmits than weual, very little stuff selling below 83,00, and only & smail welghing 1,600 and aver werd taken by prporters at €3.23a: this class were offered-uot 50 N A very large uru to - chulce stoers welgh- York,” Albaoy, Chicagd butchers urcareciicel falr to giod Central ta 15! With gold at Ju Micligan Central to 6115, Pauama to 115 bid, Northwestern tali b, nreferre 10 0244, Toek Taland to (M1, 8t Paol to 903, pre- ferred at 723, and Wabash fo 18, The transactions sguregated 138,000 shares, shich 2,100 wero Erte, 4, 001 Northwosiern _common, 81, Panl, 5,100 Lackawanna, 0, Hudson, 2,600 Morris & Lesex, and 7,000 West- Money 6@7 per cent, closingat 0, durlng the afternoon loane were mado e high aa Prime mercantlle paper nome Althougti_the Freslu car-lote of No. 2 sold at 2 fata uf rexular Wore tufned oyver o coniract at 2 No, 3 white wi flmnt snppty and. gnlr 2ugaTiie on i ', 200, 4382, THB YEAR 1877, ‘The yearof 1877 was ona of great disappolnt- Though very atrong hopes of n Fevival in prosperity were indulged after the settle- Tient of the Presidential contest and the announce- aont of the resldont’s policy, dtprovement in busincas at tho Houth was quickly Beun, with some evidence of more healthy uctivity spring melted into summer without eat chatge in the wituatlon, urope, and the assurance that large craps wonld be produced in this country, roused a sirong feel- Unhappily, anticipations far beyond indulgedicrazy specaiationcrowded and channela'which whould linve beenopen’ 1o legitimate business: and 1t war rices had been pushe purposes of the operators in produce and in stocks While this country was holding grain for fanc yprices. Great Britaln’ Inrzely snppiied its needs While the money-market cd by a cigantic soccola'fon, thoe ut- autlon hecaine NicCos<ary 10 prevent & most Qisastrous crash, and the resonrced which should have been avaniable for fudustry were cramped. w elecilons, the meeting of Con- falation which sull s uil cap.tal, Under theao clrcumstances 1tis gratifying tnat the closo of the yeat b sreater erob of fallurce, and that tn r a littie exceedod s 7,00 b by mample at &, and 4,200 u do 4t 23@I7%c frew i¥as In JIKhE local reqnest, the sales being "No- 4 wavalady 8t e il !l;.lg for [resli reecipts, January was nominal at ) Lake Bhore, 2, ment in business. chilefy of sanipies. trade both bought 2 nd though marked ~{vas quict at nnchanged price lhl.’llml the offer! 4 dererted st thine B¥c auid January was quoted at 575, the former closing with weilers at tho glven quotation, A s wers saladle and neglected, Sterling dull; actaal business, 481§ for sisty wailiite, Aud ‘Thon the war in Februury sold at The Treasury disyursed $810,000. Customs re- celpts, £112,000. eneral merchandise (Inclu 74,0003 produce export statement is asfolfow, Increase, $82,600; specle, Increase, 87,085,1003 lexal-tenders, decreane, $UNH,G00: depoalt 00; circalatlon, br fevd, nd 41343 for oxtra 3, Baiples wors fafl except clilce lots, vetfer than N offerings of wilch wera far bahinid the domand was rejorted et soine of tho naltaters’ ords ales were reported of 1,29 bu m No. it at 34y 1,600 b feed ALiTes 1,000 bu bY sample at 473030 ou track. Total, on foond that s o dafeat tho polnte ut ‘$.6804.63 fly at $2.754:1. 23, ‘Thosn ud common and mediun mixed (ots, Sto atiand ot proviuus agotations, or AL 8.7 smoothh thelfty otn ed with Nu. 2. <N 'The foliosing muasunably nddrees hias beon lasned by » number of prominont commission merchauts crease, S4, 201, 300: resecve, dncrease, 81 The banks now hol legal requirement. fom o . F caminun ¢ 10 LN stvers welgiing fron A0 werg salahie AL $23.105 ! ctatuly acilve and sicady. Baice wera 03 & baste ot the folluwlags EatraDeares—Qraded Chulce Heeves—Fine, fat, ear to 3-year-olid ateer, welghing 1,500 175, 130 {n excess of the ‘aovenxwENTS. The unsessanable weatlier of thy past few wasks liag lous facurn In the ear, freezing weathier will msve inuch corn from a worthlessurss, but will fall 1o rustora 1o Kuod, sound at which hua buen daniaue W, curn Is betag erbliel by dealers, whaare scl curn far apring dellvery as anfint thele purcinges rom furmers, « faw worde ul cautlor 'Thio freeeing weathier will ch Ance of corn very muelt, and will ren necesaary the exerelso of Sound dry co from thiat whicli le dap ot governtug tho spection of graln n all the Jnportant precine of n small quantity 1t 0 n will prevent GENERAL MARKFETS. ALCONOL—Wad ateady &t $2.0032.10. ~=Was quirt and unchanged. Soall Iu from the] Western maqufacturers, tern trade fu dull. Quotatlons: Cholce green hurlG@7e: red-tipped imedlum do, 6@3%es green brush, witk hurl enongh to wurk It, ShRocs red-tipped do, 4@ Sle; keeen covers and inside, 4%@3c; atalk brald, 44 @t red and Inferfor brush, 4@434cs crooked, 3a4%c, DBULTEI—A qulet and fairly stesily market was wite nessed. The rocclpts aro Incressing some. but they ara not yet very liberal, and the current wants of the tradu are allout suliclent to {ake everything arriving. uyers bought to & moderate extent Fancy creamery, 306 Finally cume stcers welichlng 1,500 ectimtnation fn buyl oald be kept sejaraia aged, Under the ruies 1,150 to 1,30 1., it (ruled-Bieers Buichen'® Kock— s i Bt ba v 15 cominon. weorr, ha 1 eliolen cow, clghini A0 to 1, 1001 unuinun cattie, weigl 3. e, @ fow umher of wagon- of govd qualit) amage and cauve loss of {nspection of*the entire conteinta of tha erlh or Bin, away anl destruy 8 small qutant ity of (3]ured corn than to nlx It with cholve, corn ahould be eribhed w Ainericant faprss. New York Gentrul bushels of *poor lifengo & Abon. mnexed range of prices: B1ct good 10 cholce Rrades, 23325ct medium, 14@17cy inferlof (0 common, 8@ 1403 rol, 1 DAGOING—Trade was unimproved. smali movement At the fllowlng quotstions: Stark, 24cy Brighton A,23sc; Lewlstan,21}e; Otter Creek, ey Anierican, 10333 bitrlaps, 4 and 3 bu, 13@13cs gun+ ufes,alagles, 1@ 14%cs do dauble, 24821, SE~Trado was quictat pravious priees, orat for good t0 beat factory; and &t 84 10%c for Ly faz, (0 titow Vealu—t'er 100 (b1 (uatl onday eud Tiirsdaj cs advanced 10GH1% of R §1, 104,93, the followiuie ' d: up & noteh, sad at tha closo of lilgherihan un the provious Saturday, whily eomnon to good mediuny g YinK 108 stowed o materiu) changu, was favorable, aud from the open- onday down tu the end of the week nd uedrly every. 0f thio catira fino—tho bLest of tlie sewion thua tar. trada anilcipate large recolpts for tha ens %, bt it 18 not holloved that prices will ko ent TaLey VIL T §4,000 100, Butur. Tiare waa & brisk uF AnIp frozen olding unth warm puch corn will never inspect Nuw. 3, and If . 2 willdrag No, 2down to lis own level Fur thass reasons tha come cliine 0 Miake ferihs untit spring, unleas a fully sssured thie cora ubol which adrances are d 18 sound aud dry. “Ihere 1 no doubt that farmeeawill promato thelr awa (ntereats by susorting thelr corn before ofers ing it forsalo, ‘The incrensed prica thoy will ob- taln Wil moro than compensate for Uma and Ja. 1t in uotorlous that whenevor sny principal portion of gentn offered in_ thu mar- kulats of pour quality priced are depress wricy of thy poor WFico af the good. ueslay's saoply fnapeclon and price. weexk prices of mixalon ‘merchisnte of Caicaro wiscly Tight welghts ai Tennessee 03, Gl Tennensce Ur, new.. Virginia Gs, atd, Woather Lirorgtv AT6 10L Qtfering ANy conc A L—There was an active ileiand for cu market” waa frm st fuil Lackawanna, Jargo evg, $0,501 donut and 51 Podinont, 25 G Haitfing 1ilinots, 83,5@4.00; Gartaherrl #4.30. OPERAGE—\Vas steady. Sales cars otk Darreis at 81. 1581171, a2 care 1ard tierice 1,40 £1. piES3ED T10US—Wero nutet and frm. The offer- {nay were Jatge, but thoso uffored on "Change wore held railicranove hiiyers’ [dews, and fow siles wern excupt of small fata to thal lots were aioted BN, W, A1, 140 0.4 1 Quistily New Y urks FOREION THADE FOR ELEVEN SIONTIIY, ‘The Bureau of Statistics furnishes the fallowing comparative statement of the lmpo of tlio U'nited States for the month onded Nov. 30, 1877, and lor the eloven montha cnded the same, compared with Jlko data for the corrosponding perioas of the year immedistely preceding: MERCHANDIAR, 828,478,809, 01 onit deiuand axtsted, t3 SAN PRANCISCO, 0, Jan. f.—The: followlng are the closing auotations at the $tock Honr Ba% Praxciac bor Hhun exponded. Divuburk, 86.0xa Olita, 87 48300 % $4.703 [ndisnablick, srera maide vt 3 o Deluw Lhelr pros day's mArKet waa pa deinand, anl by nuon mostof the hows had ehanged awiiers At $1.00.64.13 for common to Dacon grwlek, and drags duwn the t farmers would feed ta their stock thelr saftund damaged corn, wie quality of that offesed for sals wonld be lmproved, ‘and prices correspundingly advanced, etg. Heat & Tigicir. wolldated Virdinis. 1 2z Nurthiern’ Liciie, L $4.00.1.00 fur q { guien Pinladelplisa wers activo, and_ prices yml ;1' xrading stove 4 idyin g iearenated iicicher. slerrs Novada. Uniun Cansvilidated, ) B Velinw ket WIEBI 5 demand wis (s wero conslderably higber for Inug, at 81,734 400 for meiliuin, and at §| 4,00 for tles. Extra grades wory salable at cutters. Good to choice o 23 urad 0t $4.50, Et(d=Were ' plenty_sud quict at I 4 Il d. “The reccipis will pi packers an opportuuity to sell the in the nah mdriet Hitla that {a new was de. diraus, hit, stocke begng ghiter feuilng~ amonz o ‘The Western Paper I'rade of this city gives the following atatistices SeT7-Exporte=Tomdstla 0o 10 clioica quall ¥ 00 Numbur of failures o tho trade fast yosr, 17 nanus facturers aud i dewlers, aguluet 19 mavuledturors vad Ddaslers 0 1870, weuker snd light, £3.673 1 btchors' extris, Bi, 0@ ‘OarTiE=Quict und inchangeds hut littlo dotug uwiog 10 tho IKNE Japoly. emly and unchange: @1,30, lecolpts, nuua, o Loxooy, Jan. 5. —Consols, money, 04 7-16; ac- tecetpin, 7,001 count, 4 011, Aworican secarities='03s, 103 40-40w, 10713 now 54, 10 Jan, 6.+Rentes, 10804 COMMERCIAL, The following were the receipts and shipments of tho leading articlesof produce futhis ety during the twenty-four hours ending at 7 o'clock oun Saturday morning, snil for tho correspondiug tima twolvo monthe g Mauger & Avery, of New York, In thelr review of the woul market of 18577, give the followlugs Uno noticaable fact {s that, while thy prics of fine ul oes 1ot show any wreat variation from that of the same grady provious to the diirersnca 1 the valies uf t 0B laty years T becn Iargely oi the %L the sacritca of pri (e DT 1976-Exporta—Domentio 42 rood 10 chotce, 9273 Si0oyain do) sateet with fafr do- rsu wouls. showlug I the demnaud for Ui nuallilc Excess of expt's over impt {HOLD AN JILYKE (COLE AXD NrLLION). RUTT—E210TU~Donicetia vy B > 77005 shlpimneats, 873, BY TELEGRAPIL, TORTIGN CITIES, 50 8. 1w, ~FLouk—No, 1, 288} , extra, 83,730, 00 irador lierring, s; i are {ound 10 MAko falles IUT Attractly g ws wel aw more durabio then Cise made of much Mier wools, duubtediy ronder ileclass of iicativie will u knods perianently 16 yonre lias Given u greates tian foriuerly, e s rt to fureign arkets portton uf their siok, W 1k, therefury, tiat tho growers wha aro ch easlig thelr flocks wanll Liverroat, Jan, 5-| 111 ubiled to rvs 4 uow yrevaliing R Kenvraily Gnain—Wheat=Winter, No. 1, 1137d; No. 2, 124291 0. §, M8 3d; No. 2, 108 6d; white, i Ng.dl. 138344 Ko, 3, v L1d. 2 A well 1o hexr w, Skt the sieep thut ylotd loug are hardy, make becter nore pouuds of clean yajue, than du thoia of the sl atla flevce wools In the i poiut n mind; Stapha wools Are stroages, 1 Curu=New, 2 0d; ald, I'rovisons=Turk, Livenroot, Jai sales, 7,000 bales 1 e merfiio or hazony snedp. “The wverads price of dou United Xtates froul 1637 Lo | for medlut, 424-10:1 and for e gu prives 107 0ir Jears, £ War), were: For fiie, 73 8 for cossae, T0.7- 4K from Ity 177, el ve, wers: fur medlum, 5201 aud for cuarsc, 477 Atden uppics, 13103 Micl new, Siict noatery Hewe VMUUSC) FAMpUCTHER 3 R oy el e i sy@ici suuthern, y ; peculstion aud export, 2,U00; Amier- Thies peschus, b L Bexapsrerrs=California white wheat, 123 84@12s 11d; do club, 124 1106138 343 No. 2to apring, 10s 8@1ls 3di do winter, Plonr—Extra Btato 30s. Corn~\Western mixed,20¢ 3d; o Ol Aerican, S5 Basioy - Amer! F mediun, 7idy sl Avarage prices [oF twelye yeurs, For Bue, 0354 & AN BEECIE, e 2d@lls 7d, Gyt pecaus, ‘loxas, T, iintnetou peanuta, "sw3iye; Tonaessoe do, PROVISIONS, 110G PRODUCT#—\Wers moderately active, but ave eruged lower, though haws wers quoted fitm. Tl do- hiich Lias heretufore suled high a3 compered with mests, and receded under & ‘Ihers was 8 bettor luquity for constmptiva, forelgn buyers beisg mjore numeruus “Tho export wovement con- tluues lazie, wud packing ls procecding wure actively ut uf favursble weatlier. “The Commercial Jlulletis glves § returns of tho puliber of huge packed Lo idste at the d sfuc Nov. 1. 8s compared with ruturas nflaflm 43@30u, No—Meas ork. 308 ) s widu range o W peTiow s quatity of the frult. thaut 3 per brls cranhersios, oil 1 il and_ cuttivated, $3.00 Valencia urangea, anges, $4.004 Honaa i i CENIES -Tusiness conlinucs to Improve, snd Under the Incieasing de- Excess of exports over fm- ‘rime mess beef, 834, Tacon-Loug clear, cline was chiefly 1 por b 3, 85,06 3.1 por hoxy SIS0 por Case; hax TaLLow~Awerlcan, "y uoLEY Y -] TUEREA TG 1'RTROLEUM~30M8, 2970~Ezporis—Tumestlc. Cattle, Novaees dimitulshed demand, 400, 78 3d; refined, 10)9d. thian for several days past, ra are {0 EHEP humor, ced aliow e stahilily, bul as e Following are thie quotations: 5 Loalslnua, g Te 2244e; good tn 8lyd Ivee; rosstiog, 174 ~Patent cut loaf, 10%@1 161 crushed, 10 AR R AR e o Excess of exports over (ms ollowing as the CALIFONNIA TREASURE SUIUMENTS, The shipuicnts af (reasurs from Californla Jast were §57, 500, 402, The following table vERPQOL, Jan. 5.~Prime mess pork— Rl TR Ao 230 dd, BRe e exira aila e 130 Cheeser o] cel, Vs exi it y 40n 6 " LoNDox, Jan. 5.-LivEarool~\Wheat quiet. Corn Mauk Lanx-Cargoes off of pravious seusoun, aud the sZEregale vacking uf the suason uf 197077 Ly sca and overland, Withdrawn frum store durinz Fridsy for city cansumption: 3,21 bu wheat, 410 bu barley, ‘I'he following grain was juspected into atore in this city Satarday morning: wheat, 10 care H SUtWEAL dliot Cufn stronks 141 Somste Who an mized, n‘-‘um M“ Ca 4% lon- b i Corn, uuchanged: fal tha present sod AMERICAN CITIES, T s, 14,700 YOLIAD AT AT e T8 S18um w30l demend for Awerican silver; 5 cars No. 1 hard No, 2 do, 4 carsNo. 1 soft spring, 04 care No, 2 do, 4 cars No, 3do (04 wheat); 3 cars 1 car now mixed, 13 cars jojected, 19 cate no erade (35 corn); 4 care whito cats, 3 cars No. Smixed, 1carrojected (8 oats); No. 2 rye, 1 car rejecied doj 7 cars No, 2 bare ley, 1car extra No. 3 do, 1 car ordinary No, 3 do, 2 cars feed (11 barley), 'Total, 151 cars, OF Juspected out: 14,685 ba wheat, 0,250 bu corp, ,708 bu oats, 3,060 bu rye, 7,058 Prin 1o ehulee sikyra~Callfh nia eilver driya, & do, prime, Hie o5 10l sseth, Bricke—Allaplee, 14814407 Cluves, 424455 G 184 No.1, woesLul; | rus Klue. ket German mottled. 66ic i, a5 e e, S i L, Sy wdhe! Tigdanic, B w Yurk (hy raif) rlhigar-loat drise. s0@stc: Califor: Rew Vurk (by wes) d sikar:housa $irap, 438 5 leans biwlascs, choice Nsw Yous, Jaa.8.—CuTTon—Dullat 118-16811 7-16c; futures baraly steady; January, azy, 11.324011.53c) March, 11.45¢: April, 11.67.410.83c1 May, 1LTU41L7tct Jupe, 1L.82@10.83c; July, 1088 @11.88ci Auguat, 110611070, Frovk—ilecelpts, 10,084 brls: shade ensler, with only avery limited demand fur oxvors and Lowe use; No. 2. $3.0004. 10; comwou to §o0d oxtra Western aud Biate, $4.2%a3.53; good Lo cholte du, §3.0048.0); comuiea (0 cholca whits wheat Weatern ext $4.8004. 23} COMWOR W KUO, commun €y cliolcd extra St. Luuls, §3. 80.00 Ity Bour unchaugs A4, e, 750 lus opened dull and e sirouzcr, with better expart for uniraded apring; $1.2 ‘i’m“i“:fl;ma Fraukilu.... Chillicuttie, &0 Mass Poux—Was ioderately activ 124 per brl fruim the latest quotalioas of Friday. bale 7 Teported of 2% bris (oly) 8t $1U4U; 100 bris 31 Anuary st §11. 22 Vebruary at 8| q it $ii. 40 Jus Lity, gey White FAY—Waa rathier quiet thy Lot a Brital Columula.] 1o SEATIT,200 $37,800k 492 Fhe fncreased smount sent to China was §3, 52,308 [ Sue siiver, and $2,173,876 1 trade’ ‘The shipuents to Chins of Mexican Jol- ‘I'he total California ahip- tents of wilver were $24,458,708 fo 1876, sud The lncressed demand from Chius waa ofset In part by the decreased demand from other quariers. ‘Tbe totsl colnagp of trade Bollara stace July, 18: Totued, has becu §: UL BULL'S IIBAD DANK, NBW YORK, A plessant variation in thosunouncemeuts of the 1he Hquidation of the Buli's llead Banuk, of New York, which s paylug off fts de- positors In full on demand. Tho numbver of de- positoma at the close wae 535, oad the amount due lhem §157,000. Bluce Dec. 15 the bank bas pald But §100,000. BAN YRANCISCO CAPITALISTS IN TUN BLACK 23 1,010 Lrls sellér 40 rla seller 1730 el aellce . A bris. The markel clused qulel ut § Tor aput $11. 2061122 seiler Februsry ; sud F‘-jwud b §LUGUS11.50; aud extrs 1, which was tn ut 2le per 10 Tho following wore the recelpts aud shipments of bresdatuts aud livo sturk ut this point durig tha pastweek, sud for the corfespunding weekd endiog as datod; $3.00 —Were iu muderata de ¢ rs, 7'«7Hcs gren cure uied, Te3 jwr sured, 7us, lnre were §153, 143 b Fiime tiuces was $4,05:48.731 fancy as active, espec oo demands bul Lite Biari s lower. balcs wero raparted uf 6,030 ‘s aeller Fabru: Selicr March at Ca, fhe market closed u arys §7.404 seler wool estiinuled, Y03 pateat Mluocsols. 87 oAl Was i Oualx—Whea The spow-storar e1. irav 0 pros; o Wt and Bard Toads e wuods Binple tine 10 baok & o lucal iarket {s steady. and irade a4 ount 84 Lhe farmurs 8T, 30T 43 aad 7 'y Bt 37,575 8pOL UF wailer cbruary: wud §7.00 sclier Mxars=Were falsly ctive, with lltle chsuzo ln prices. Shuuliers were 3 shid descriptious 0f widdics were ofured * ruthor murs 124000 1bs greed do st 3hac; U0 3 743 buzes Joud clears 3 shurt clears at o 85,00 fur February s VEAUD 1L slort £l 8t Gie sbot. 314¢ foF Match, 40 U0 fur May; FAUL Bs et 83, G 1o b green e ol for ¢ g 2hit snows Lia el (B VrindivalCuts of meate: when thoy wers fizst yive the wen fa Ver gv QuanLILy Of loge 4llg for winter achanged. Mall quiol and un. elpis, SLOG0 bu wiibout decided ort and houie Lrade luqulrng i for steamer wlxcd: Ga) stesincr wixed January clos- Biks do February, cloain u gt tur eatero. eru. Liatiey dul cbanged. Coru— changes moderat for steaur yellos for new aud old wixel, 8da bl BANG aaked < bld, SRNC asked: Bue for 10 ML BIC b, WiG asked Ua sliade Briier, st Sh0c e, AT S1cady at G0gasc for shipplng. Horehanatoais Leynioo! T For Tt 1o youd tebbiok o A fals New Orieass guuts 1y, i snd beavyy crade, T@THcy relued, cau aks dellverie ANy 7E83EEY B S 4 Firet aud sccond clear drchae Firt connion dressed aldtag. Flooriug, Brst cuwniou, dre Fivuriuy, sccond culnuios Fluorinz, (BIEd coumou, A, 14 Inchos B upwar] 14 Inchies nd uwarda, ' burcs lopg sid “ I3 catern sud state, FEe Matuck buas 1019 1dtach.,. ok boArs 1 o 14 & 1 U vouiion stock boards - The following wery the exports from New for Wke week cudlng ay dated: s e TheSan ¥renclico Lulielin anuounces the salo by tus Uolden G: Utlis of itafour uno Gute, Tustice, Loose, part cured. February, Loa 4 Bolelier, for purchasers wers Califorula capitaliats, Locu tuyestizating the Black Hilis. ds. bnweaalve stul. They are suld | The leading produce warkty wers rather wore — 1 hy the two belhgerent parties smong the monntates of Turkey, With a look of my. taral surprise Uhe tvo: rentldinen apoke Lo each cther affably, aml discuased o some extent theie common business. A sinzle test gatlfie hoth that they could get thegoods they wanted, and they ordered, the one 02,000 and the other 600,000 bayonets, with which to ImEnlu thelr 81 @) for e, fur Western long frm Y AL T 1204 for now | fellowinen, The steel company was the neutral +fron dull | on this uceaston. 345,23 for - PENNSYLVANIA RIOTS. BALTIMOM! Tatrixane, Jan 3, - FrLovk—=1mt and nnchangel. panare=Wheat—Westvin diilund lowers No, 2 Wet: | Gow, Iartranfi's Measage—A Deacription of gy Sl vt ding o deady and fiem all roundy Western itxed, spot an:lanuaty, {01 February, Sty @zt Weatern sieamer, s34, Oute dull aud steadrt Weatern white, 30 34e; 4o mixed Ségaae. lye dul and nominal at i, Tay—Dull, hieavy, nad anchanced. ProvEioX a—infl anil wichange HerTe inarket duils cholee WY erg. rull the Birike=Its Causes nnil Results—Qon- duet of the Milltla=Arbitration Ietween Cuuital and Labar, Harnsnuna, Jan, 2.—Cov. Hurtranft héy sent his annnal message to the Qeneral As. sembly. A considerable part of the messago la devoted to the subject of the July rlote. Do ginning with a statement of thelr origln, the. Governoy proceeds to a description of thelr progreas, With regard to the disputed point whether the soldlers or the rioters fired first at Pittsburg, the mebsage says: Having been wedred In amonz a rurging body of riotees, growing moro and moro agareseive, many of whom were nnemmln{ to crowd the soldiers from the ranks or wrench tho muskets from theie hands, nud os A few moments more wonld have sken the ranks and involved the individual soldiers 1n inextricable snd helpless confasion amonz ticlr focs, tne eoldiers fired, Under the circumatunces, they did right to reslst the astomut to disstm or overpowor them. A saldior I tioned vf canmanded tu move as & roldier, and the nndonbted right. in the execution of his onler, to pravent himaelf from belng forced from his post or disarmed. That part of the message which treats ol the riots concliles with the following statement of causes nied results: ruary, 8l SRRt e IO 200 heley wheat, 19,000 b ki Pea—Flon riss wheat, 10,000 bus co 31,00 oy aacen 1A T ) BUIPMENTE—COTN, 20,000 b, CINCINNATIL Cincixxati, 0., Jan. 5.~Corrox=Steady, with falr drém it 1o, Corn 4 iy end fiem o ZvAie, Ity nuict but Srin At Blaoie, Warisy duit unehanged. PRovisio: Demand falr and_market firm; S11.37A11.0 $7.7%067.53: Keatle, 75504 teadvy wales i A8IE, 10 10 dags, €1 Lived. 23, Tlozed meita In falr deniauty (ar sNori eléar, §0.00; fonk and short ele ir, €5.474, acon qniet hut sreuly iS00, $7.000 R inon, eate iriner suvalices, ELANG sides, 5,003 hamis, 83,047, 124, 04 10 nvernge, Wheky—guirt dcglor . Urrei—Firuors cliofce Western resarve, et Centeal Ohiy, 1ag20¢, v CitzRsx—Sieady, sT. LOUIN. 81, Lotis. Jan., 5.—Fs.ovn-tulet and unchang Arate=ihont weaker ntid $1. 193 canl ¥ B s Thus ended the grent ralway atelko of 1877 in i “fllrfllxug A Penusyivania, which resulted In violunco, murder, ¢ Februar; 2! = ' Bttt Foruner & and nrsont which caused (e doath of over Sfiy cistiiana and_five soidiers, and the wounding aod malming of a hnndeeid of more, and the_destrncs tion of " wmilllons of dollars’ worth of proporty, Whilo it fs {rue that the workingruen, who bezan it, contemplated no stich terridlo reanlts, it can. ot ba dewled that the wanner In which they pro. cueded fo enforcs tlielr demandd by stoppine in. Tand commerce and selzing the proporty of cornu. & sell AL Hdiger I, ok Cdhfet and unehangeds €1.01, Trovis Porl dull &t €11.60° eaa, dellverad: £11,0% Fehruary, Lard ianied ut $7,35. Dtk rata wedks car e foue, €473, €3.473, €370 v ribe, 83,0248 M 3. KN o0 cars, Dulk clea &reon clear i feckIpTa~Iour. 3,000 brisy wheat, 6,000 by carn. 26,000 Litt cata, 4,000'but rye, 300 bui Uarfey, 3,000 b, rations and indlviduals, nad driving elilzens from thelr uanal occuprtions in deflance of law, made Lorisvittd 10%4¢. the breach through which the lawloss elo. FLovli~ar; famliy, 4,23 A4.735 A No. 1, BN 0@ 73 1, 1' Gt ¥ =\Wheat ~tarket duli: rood, £1,21 amber and wiilte, 81 . Carn—Starket dulls wiiite 43¢} niixed, 4dc. Oat=3lirket dully wiite, 33¢i mixed, niens af soclaty ponred to plunicr sl destroy, Hy thua inconeiderately Inviting tha co-opuration of “the crlminal clarses, Intor Al fteolf a great and gricvous injury, and it will be lon; Bw. ityg nowminal, at beforo ft can remove the suspicion an Har—Nomiah iANOGILON | aa | GRELRISLWitR which the neaplo whl iew i strikes V=Purk quic atend X e LovialoXuFhrk aiict but ateady at 9120 and organizations. Into tae wierlta of the con. test it Is not nceessaty (0 go: whatover be tho righta of labor. the duly of tho Exccutlve i3 im. perative. In the wnessago of 1970 were Aot forth the principlos wlich govern tho present Adminietra tion in the dischargo of tals uhcrous duty, ta which recont orents inve given additionn! etmphas sia: **No dixobedlenca of regularly conatititod ujh ahokices. it ot Y lacon quigt but sieadrs Tiden Tt s bgars utk meata quiet bt st clear rib, fl(‘fl'Ll: clear, U cieae il m:rfi ¢y eles Y=$1.00. TOLEDD, Totxpo, 0., Jan, 8. ~tinaty=Wheat dull, weak, fowors nmbek Sichigan. miof it No, ' el winter, .J; aitthority will bo permitted, whellier on Tho part of Februaey i35 Y B Nl a8 fndividuai, ¢ Fporations, or cominations of men, IWatrarh kLKt tha, - Cora ks Koo 3 apat seinow, | No wento of weong, “hotvever gricvour, will o A1y tejected, 4831 new, 414 Now damaged, Byt whall q.ut"y vlolence fn secking indemnity there. for, Tha rights of property must be reapected, and vo .nterference with it legitimate use will he tolerated. Every man must be allawed to sell hig otwn labor at his own price, and his workjug m¥st nut bo Interrupted, either Dby force or Wimbdatlan, For grlevances, fancled or real, rediess must be soucht in tho manner the 1aw provides, aud 10 ona must_attwtnpt o overs rlde its process, 1f citizens will recognize theas principles as binding upon thelr consclences and actione, thero can Lo no necessity for Executive lugerference to preeerve the peace, and It must be understood, once for all, that any violation of privute righta, or resistance to public oficers when n the discharge of thelr duty, will bo summarily aealt with, and 1t the civil’ authorities an:l the powor of the county cannohmaintain the suprom- ncy of tho luw, then the whola puwer of the Gum. monsrealth ahull be employed, If necoasary, to ;‘;‘: No. 2 Usyton & Mietigan, 43%¢. Oatadully No. 2, “c:. vzn Sexn—>Mamnioth, $4.70) No. 2, €4.40. prline, fToia=Dremod, $4.85, RRCRIPT<—Flor, o) wheat, 19,00 bui corn, 24,00 hug pats 00 bt Buirwrvre—Fiour, nones wheaty 9,000 buy corn, TN by vats, 1,500 bu, PUILADELTHIA. PistaneLrura, Pa., Jan, 5, ent quirt aud A 1411 white, 1, & clluw, GH@ 1105 Mix. Pennaylvania white, Al e s STaAer do nxed, T, PRravisioxs—null ‘snd 13.001 India moss beel, F TicTrER—Criamery, 31d3ie; Weelern rescrve, @ 25, ane=Dnll and ateady;Western, 2:@21e; Cune-g~Quiet and uinchanyed. Priouxti—Nomiualy redacd, 12K@12!4c; crude, compel respect for authorlty, AR 5 $1.10, <" Aw 8 wcquel to tho riois, the Grand Jury of TteexiiTs—Wheat, B,000bug corn, 76,000 bu; oats, ‘uunty entered upon an nvestigation, y ang stminartly demanded iho nttendance of tho rnor and the clvil and military otlicers of tha centive Department to tedify heforo it Aw [ did not think it the time or piace for an tuipurtial investigation of the trounles, or concede the right of tho eourts to command the attendanee of a co- ordinate branch of the Gusernmont [ refused to attend, and directed the civil and miliary otticers to refusy atvo. The queation wan submiticd to thy Sdpreme Court, and, its decision according with tho views of tho Departmont, oll nppearance of conitict butween the Juaiclary and Executive was napplly avurted. Shonld the "Logixlaturo deum it expedient to Investigate the subject, ail nfurmas tlon lu the possealon uf the Govenior or thy De. MILWAUKEE, nea- 21 Itye 7 Wl noc quioty 0 20 tayes Fevruary, VROV tsIna—Gtondys e pork Arm at $11.33; prime bR 4 A ST Spals Dugnsi Haira=Steadr'asnid nrm at $4,60. REcEIPTa~Tlanr, 7,000 brist whieat, 31,030 b, BIIPAENTA—FIVUL, 3,080 hrit: Wheats 62,0 G, LA, efixpiauavoL) Lotn-Quler and une parument, itauv, b -lnluun:‘um;u:anuundln . 2 s, R s . | tne Adittant-Oéneral’s report, and the appondiz pUACWheatoNo, 2rod, ®1.18. Com, mrarse. [ 48 SN Cro il Eiven: PP Paovisioxs—Qalets shoulders, £4.00@1. 12443 clenr Passing from hcee rocondary matters, to the ;n-.5 83,701 clear, £3.73. Ualus, 8452 Land, $7.60@ anml:rmm xllr::p:r ’m“x' l‘:l dlnc strike, while 5, % \ro fu much to causy saticitude, thore 4 muciy l.u&'-“ $3.76@4.03. Kocelpts, 3,004 stipments, | aivo to awaken_confidonce in the finul 6olation of the prooiem. Whils caplial held labor in {eno- rance and bondagze, sirikes wero rare, Thelr fre- qiivit Occurrenca 18 u proof thut Iabor I growine, more and more, 10 un uquality in strength and ime purtancd ta eapltal, Intellivence bas wprend steelf among the lnboring clisses: thay hava learned to road and write and Lo 1uterchanye thelr views, and formed sesoclutions sccording o their new lights, for their protection and advancement, Anid 1 ju Uiis, a8 in many other casea **a Jittio lenming 1aa dunigurous thing,** 1t §8 yet botler than no leaening st all, and ls the progreseivo wlep to higher Intelligence. On the other hand, under tho insuence of clvihization, wealth Lrcane more and more dilfused, and curporations grew up to collect tho large und smatl amounts of unemployod capt- tal, to build the wigantic worka and conduct tha great tndustrics roquired by modern kociety. Thows 1wo rosuits wro the incyitable consequences of fn- creaved Intellizence and civilization, These great corporutions, from the cltiricierof theenterprives, are of necesaly, 1n NOsL caves, monopolles, As stich, the prople have a righs to' demand thut while the profts may accrue to private fudiviiuals, tholr munsgement stiall riso above nierely reldsh alms, and consnit alse thu lvu\llh: uttlity and welfare, It ling como 0 pass that in the conflic, between capital and labor the former Is ulinost whally roprescnted :nlv corporations and the latter by varlous organiza- on 'l nititnda of the neople towarda theso two forces during the geeat stzile lias also desp mignif- eauco. [n the xeneral sympally for the sirikors, dulled ouly by their uwu puinwfal acls, the work- men bave ussurance that fn afl right and Jawful ef- forts to better their coudition tuey will have the ald of peurly ail classes of their fellow-citizen: Aud In the prejudices azainst the corporation those \who control them may realize thut the poy scssion of groat wealth und the control of great euterprisca linposcs obllzations to the public which they cannot afford to fgnoio, In tneso facte, we can dlscern the two roads that may eventoally Jend to the final eotticment of* the contest,—the diustun of higher education among workmen, and the convictiun, on the part of capltal, that it has now to deal with an equal competitor, whoso claime and rights, together with its own, muxt be decided and adjusted by achitration, In this contest, tho primary duty of the Statcis keop the peace, and secondarily,an fac as laws will avafl, t hasten 1o consuiumuilon of tho result. As pertineut to the subject of riots, Uov. Hartrauft thus speaksof arbitration in quess tions arlsing between different classess 1£ 44 Ia to Lho Intereat of the lepabllc that Htigs. tlon ahould cease, it lantill more to tas Inter of tho peaple tuat the condicts between diddureut clanses whould be brought to a cl As it 1u be- coming the public opinion of the civilized world thal the netivuscannot aifgrd 1o submis thelr di Ger- onces tothe costly arbitrsment of the aword, s it 18 bocorbing tho actiled conviction that nothing canbo galned by & war of classes Lo compenaate fur tho 10ss cageed by the aisturbance of il fndus. trial rolattuns, and ‘the dangers threatened to fus alviaual indopendence und free institutions, And In many places the sume iden Is gaining ground amony the trading claswes fur adfusting the cone fletinie clalms of Individuale, &luce, therefore, arbitration hoe been wuccesslally uscd to settle in- tornational questions, and cven the petty disputes of iudividuals, why cannot the sawe pesceful azency be invoked tu adjuat tho relations of capls tal aud Inbur? ‘Ye subject, though important, 1s not new, hut bas fusted In vublic discnssion for some time, and no apology is necded for calilng yoar atlention to_the sugzestions mude iothe met wage of 1870, Dovs it nol scem practicss ble to spooint & court of arbitratlon, com- posed of tHreo or more of the Judges of our courts, ae many operatore, sad & Mke numboer of the rep- revcatathca of the workingmen, to whom could be reterred the disputes arlalng between employers and smployes, ¥u that, at lcast, s foll, fair, and fmpsrtial discuselon cuuld be had, and the publie enlightened upon tho merits of the contruversys and, [fthere was uo leyal remedy, the force ol vublic opinion would constrain the parties whose clatine were arbitruted to do Justice to those who were wronged, Any plao ls surrounded with disi- caltle, froin the coual nu{ changing rolations of the great tnterosts involved snd the douhis fuiness of seciiriug s atable seitiement with ihs proper opportunities of ruvision according 1o thesa varying conditions; but since labor no¥ bas organizations, and representatives by whom these orzanizations will ba boand, it seems - pructicavlo fodevise sumo plun by which ail rels tiwns and al-putes of capital aud labor can be bars monlously adjusted. The subject of the militia {s treatad at con- siderablo Iength. Three inberent defects in & militia systew arg polnted out as follows: ‘There aze threa inhereut defects in 8 militia tem, wblch, althouh the: NEW ORLEANH, L B —FLovi—Active hut lowert i 05 XX3, ¥5,0030.01 high uiet And wi Ith tnary t Qe Wd weaks o cnoes, ordinary to oS0 wes@toat sght oxcliange on New oy N U dlacout, SCPTng. exEhaNGs LANECT Dilie New ORUEANS, superfine & TUSTON, RosTox, 1'""‘ 8 —FLovn=In better demand anl ol o Lorn—Qulct; new, mixed and yellow, S pi e sk R e R U Amised, Ishp@Sic. 3 a5 owrgon, Oswgaa, N, Y. Jan. 5 ~GRsiy-Whaat—No, { whitu Siichiean, 31,43 No, | Miwatikeo club, $1.34; ined Daluti club, 1,38, Corn steady) No, 2 Tulido, rrONT. Pronta, Jan. 6, —I1ai vINES: At $1,043 50 brlu ut 81,04 Bteady: sales t50brls Mesrurs, Jan, f,-Corrox—Quicty middling, 10%es sales, 12,000 balesy Tecepts, 11,000; shipmeuts, 1, 500 435,000, Oxieaxs, Jan. B.—COTTON=Qulets nsics, 4,400 baless ordinary, BYizi Koud do, 0¥ay low miiis diing, 10er middiing, 107§ct gowd do, A1dic; mtds aliug falr, 12¢; recelpts, not, 8,500 bales; grows 80001 a2ports ty e Continent, 7,000 stock, 344,00, b " AWOOL. Dostay, Jan. 5.—Woar—Finn but stendy; comblog and dolatria very littlo dolnyy pulled wools_autct and frm, with & steady demands Ohfo No. 1, X, X, and 43badiics Michiyan snd Wikconsln, 30@i3igei comhing sud delatne, 506351 unwashiod comblug, 308 334cs scoured, Sgd0es super and X pulled, dikGece, TETROLEUM. CLEYZLAND, 0. N PRTROLEUM=~Market quiets standurd white, 110 te 11k PITTsURG, Jui. s-PREROLEUN—Wenky crude, $1.u844 8L Parker's for lnmedlate shipmenty rutoed, 13Ne, Plttadelphta deltvery, DRY GOODS. New Yonk, Jan.A.~Duniness rather more active with packaye huusons, but Jubbing trade lequlet. Cotton Kkoode quict sud efeady. Jequot wide sheetings wd- venced by sgeats. P'rinte In ratuer,better domand. Meo's wear woolons in moderste’ tequest. Ferclgn goode quict. TURPENTINE, WiLMINGTON, Jan. S,~SMRiTs TURPRXTINE-~Fir s Jan. rEsTIvE-~Flrm Mr. Gladstone. The Shefold (Eng.) 7e'eyraph publishes the following correspondence hetween Mr. Henry Claytou, grocer, of Clay Cross, and ‘Mr. (ilad- stone: ¢ Clav Cross, Dec. h—Itight Honoratle 8iry A thmber feller, who clalins soue celobrity in that )lnu of bustuess in Clay Croas, who is b1 years of age, sl who is reall¥, according to his age, considered one of tho bost timber-fellers in Derbyshire, His name ia Ilopkinson, and he Is_ particularly suxious to wcasure him- self with Mr, Gladstono in that line, either o Hardwlck Lark, or = Chalsworth Park, or anywheru else, as Mr. Gladstono thinks proper, He also desired me to aay that ho would stake & suvereign that his (Hobkmson's) tree would be down befure Mr. Gladstone's tree, tuks them cquul In circumference, Hoplig you will favor we with an early reply to the above sollcitatlon 1n order that I may communicate our declslon to Hopkinson on the above sub- ject, I hava, ete., HENKY CLaTTON, Clay Cross, T'a the Rizht tion. W, E. Gladstone, I, Hawarden Castle, Flintabire.” ~ Mr. Gladstone's reply 13 s follow #Des 13.—Slr; 1 regard thp challenge which you have tranamitted to me as & kgreat compliment; but I at once egive fu. [ mever bhad preten- stons to excellence; and it 1 had bad them, by this time frous sge and other causes they would baye buen lost. Liwish your friend may long enjuy bis Jaurels, Yourfaithful servant, W. E. Guansyosg. To Mr. Hy. Ciayton, Clay Cross.” ‘The Bueilleld Teeyraph also publishes the fol- lowlug letter, wnitten'by Mr., Gladatous to a Shebicld dem which recently forwarded to i “one of their vriginal Amerfcan patent axes; the blade of pollshed steel and tho Landls of I.lh'kurz"‘ * Gentlemen—I aw very glad you have added that uie- n T Ao AR T ful” articlo tho Americau sx o the list [ Winlmun, Vi pa o e rodustioma aud"T thinik you for | detoted ehieiv o chilpareuit, citcen sl ‘must always be more OF less aflected by the symps+ thied of the community iu which it lves. Ne laws of codes can prevent the comimon soldier fr. {mbiblug the princivles and prejudices of ike men he constantly sssuciates with 1o Lis dall In b sccond plsce, with comparatively thine und vpportumty for battaliow aud regunental arlll, they canuot be expected to have thu steaul- uess of truiued professional woldiers, Finahy, ins voluuteer orgauzation, without pay, tbe iuciiny tlon of the uen must always be conslderca 1o the selection of otficers; there [s never the suine relat! differency botween thom ua dn & regular army, wud, on 1hat uccount, thele CaD REVET by Lie sk abw* lute suthority over the rank and 81 ‘The Governor thluks that thy * conduct of the State troops durlnz the Jate strike was, upoi the whole, commendallo and creditable,” amb suggests some chunzes i iho lyw 10 betier pice pare the trovps fur sttive duiy, favorlug me with & apecien which setins, as wuch trlal as [ have wade, t0 posscss Lthe mer- Its of the orlerinud. | Gud It necessary to study ctiicleney fu propurtion und welght, nd it §s uu- der thus fasus that I tuink the Amerlan ax cowes out well, mpcch!l{ for_sott or [ree- gralved woods. The bandle Is, I think, cxcel- Jout; but 1 always wish it wire cut atraiyht acros®at tho eud, at & rizht augle to Ity dirse tlo or axis, I rewals, gentlewen, your luithe ful servaut, W, GiLapsToNE.” ———— Sloguler Circumatauce. A sivgulag circumstancs occurred in the offico of a steel company tu Brldzeport, Conu., u few duye ago. The authorized agents of the Rus- sian aud ‘Turkish Goverumeuty miet there, cach Lur tho purpose of contractiug for bayonets to