The New York Herald Newspaper, October 1, 1868, Page 5

NEW YORK HERALD, THURSDAY, OCTOBER 1, 1868—TRIPLE SHEET. commercial bills, 108 8 106. Bankers’ bilis on Paris at sixty days, 6.2134 @ 6.20. Consols and American securities were quoted thus in London to-Gsy and on the previous dates men- FINANCIAL AND COMMERCIAL, ‘Waowespay, Bept. 0—6 P. M. ‘The gold market was steady to-day until after the ‘Adjournment of the board at three o'clock, and the uctuations were from 1413 to 141%, with the closing transacdons at 141%. Subsequently, however. under a bearattack, the price declined to 1403s, and the latest gales on the street were reported at this fgure. The bears circulated a rumor to the effect that the Trea- sury tad been @ large seller during the last few daya;. but as the Assistant Treasurer de- @ings to give any information on the sub- ject we are unable either to confirm or deny it. The practice of selling gold secretly, still persevered in by Mr. McCulloch, is, however, gene rally condemned, and in view of the actof Congress a semt-annual-dividend of four per cent (free of gov- ernment tax), payable on and after October 15, in this city, The transfer book will be closed on Octo- ber 3. The receipts for customs and the receipts, pay- ments and balances at the Sub-Treasury in this city for the expired portion of the week have been as follows:— Prohibiting the payment of commissions on such Custom House, ————Subd- ————. sales Mt is considered reprehensible, But even ad- | ao... an annnes ens. ees, rat in mitting the propriety of secret sales, there 18 n0 good | sept. 29.. 410,059 3,685,581 L@p7,311 97,907,308 reason why they should not be published in the daily }| Sept. 30.. 419,000 4,219,192 7,626,600 499,900 statement of the business of the Sub-Treasury, for the public has a right to this information, and Con- gresa should strictly deflne the duty of the Secre- tary of the Treasury in everything connected with the sale of gold and bonds. It was at One time reported that the Assistant Treasurer ‘Was selling bonds, but this was oMiciaily denied, and there is no apparent necessity for sales either of gold or of bonds on the part of the Treasury at present, Why, therefore, it should select a time when the The exports (exclusive of specie) from New York to foreign ports for the week ending September 29 and since the commencement of the year compare as follows with those of 1866 and 1867:— 1866, 1867. 1868, $2,012,568 $3,330,103 $2,686,708 43,286,217 139,572,340 120,204,772 For the week. Prey. reported... Sincé Jan 1,..$145,328,783 $136,902,503 $122,981,480 Annexed are the last three Boston bank state- meuts:— Sept. 21, Spt. 28, money market is being made artificially active to Sept. 14, replenish its currency balance suggests a question bauer er $102, 472, aa bey as to the purity of tho motives actuating the de- 13,374,430 19,400358 aaoa2 447 partment, or, at least, reflects unfavorably upon its 40,640,820 39,712,168 89,127,659 business management, There was an active bor- 26,183,876 25,184,048 25,150,081 rowmg demand for coin early in the day, and: loans were made at rates varying from 1-64 to 7-64 per cent per diem, but afterwards ‘the supply largely increased and transactions were Receipts and Disbursements at the Office of the United States Assistant Treasurer at New York for the Month of August, 1868. reported “fat” and at rates varying from two to ten | Humusyals ens, by balance. sapere per cent per annum for carrying, and it was this 13, 279,450 merease in the supply more than anything else sy which prompted the bear raid on tne market late in 030,000 tho afternoon. The volume of business was again 807,125 very large and the gross clearings amounted to pe gc $130,714,000, the gold balauces to $4,177,582, and 6,671,968 ‘whe currency balances to $6,361,250, The mar- + 10,858,499 ket ts largely oversold, and the efforts of the 5,876,410 speculators to depress the premium artificially will ‘whimately be followed by a sharp upward reaction, the condition of the Treasury being suficiently pre- carious to occasion uneasiness with regard to the future, while the condition of our foreign trade is by no means satisfactory. The Sub-Treasury dis- bursed $22,165 in coin in payment of customs duties during the day, and the price of gold varied as fol- Jows at intervals:— 54,298,708 sees «6 $41,854,160 Total.......seeeeeeee Payments:— reasury drafts. . soe 00+ $30,303,470 +. 219,440 Do, m' currency. Tas BP ibis (aes 141% . M... . 0140 96 ‘The money market has developed increased ac- sas Gr. Treasurer U.8..$7 490,118 apse tivity, and the general rate for call loans was seven | Do, disbursing accounts....... 12,634,373 per cent, although first class houses were enabled | Do. Assay OMice... + 2,205,969 to supply themselves mainly at six. Some difficulty | 10- interest accounts: wn OR ei asoieee im borrowing even at seven was experienced by | Recetpta for customs in September, 1868. 13,270,450 ‘tnoge who failed to provide for their wants before | Receipts for customs in September, 1867, 11,967,824 two o’clock, and applications were made for loans until after three o'clock, while in some instances peven per cent in gold is said to have been paid. ‘The stringency was known to be artificial, however, and the bulls on the Stock Exchange undertook to resist it under the belief that it will prove only tempo- Yary, and hence the railway share market showed sur- prising steadiness, allowing for all the circumstances of the situation. Even New York Central fatied to Increase in 1968.,... $1,311,625 Statement of Business at the United States Assay Office at New York for the Month Ending September 30, 1868. Deposits of gol Foreign coin Foreign bull United States bi aectine, although its rates of throngh freight have TOtal, + eve eee just been largely reduced, the reductions in some in- | P ener earns stances being equal to fifty per cent. Erie, too, | Foreign bulifon. eiowed much stubbornness, and the Western shares | United States bullion (con United States bullion (old coins) were on the whole steady, although in the morning United States bullion (Colorado’ the market was weak, and a very uneasy feeling pre- vailed. It is known that a strong bear combination ts at work to back up money, and the in- Uimations are to the effect that the mone- tary pinch during the remainder of the week will be very severe, although if left to the ope- vation of natural causes the market would be easy at four and five per cent. The conduct of the bears engaged in this operation is very discreditable, the design being to create panic and so impoverish the money market for the sake of the few unscrupulous speculators engaged in the movement. In the dis- eount line there is greatly diminished activity, and commercial paper has to submit to higher rates cor- United States bullton (Nevada) United States bullion (Arizona). TOTAL. s+. 00.26 sees Total deposits—payable in bars. Payable in coi $1,519,500 22$1;481,241 Total.......... Gold bars stany) Transmitted pg United States Mint, Philadelphia, for coinage. SALES AT THE NEW YORK STOCK EXCHANS=. ‘Wednesday, Sept. 30—10:15 A. pr Pag Ex..2d0 52 ng responding with the advance in those for call loans, da a Ip the dry goods trate to-day there was a general | ¢o00 US ps @isposition to make concessions in prices, witha ee ei ree. wih 50U 8 es call. view to effecting sales, and this was particularly | goxo Uss20, cou ‘87... 108%, 60 NY Ceniral i noticeable with respect to domestic cotton goods. ue Ln 1-40, 1a 38 5g rio ‘The auction sales were weil attended, but the bid- 300 do @ing was not spirited, and many kinds of various aed BR. Sabrics had to be passed. 1000 = ‘The Mariposa mining property has recently paseed 100 Mich Bo. ‘to the hands of new parties, and it is announced 8 = 7 ‘twat the dimiculties of the originai company will’ be 100 Minois RR. soon settled. The estate is in the hands of trustees bgt ideo ypd ‘who are developing it in the intorest of the stock- holders. The encumbrances upon it, which atone time amounted to nearly two hundred thou- sand dollars, together with a floating debt of about seventy-five thousand dollars, have all been retired, and the titles to the property, which were in litiga- tion for a long time, have at length been perfected, while the entire franchise has been included in a deed of trust. By this the trustees, of which Mr. Jobn A. Stewart, President of the United States Trust Company, is one, have power to issue new certifi- cates inexohange for bonds and preferred stock to the amount of four millions, and in this way it is es- timated a million of dollars in cash will be raised as ‘a working capital. The market for government securitics has been @on and rather heavy all day, and prices closed & fraction lower than last evening, owing mainly to apprehensions of monetary stringency. The reduced quotations have, however, brought in outside buyers for investment to a moderate extent. The “short”? interest has been materially increased, and this will sesist the ultimate reaction. At the close at five o'clock the quotations were as follows:—United States, 1881, coupon, 113 @ 11334; 5-20’s, registered, 10834 @ 108%; do., coupon, 1862, 1123 @ 112%; do., 1864, 10044 @ 1095; do., 1865, 109% a 109%; do., new, 2865, 107% @ 1084/3 do., 1967, 107% @ 107%; do,, 1868, 108 @ 10834; 10-40's, registered, 103% a 104; do., cou- pon, 104 a 1044. At the commericement of business the railway share market Was heavy, and at the early session of the open board prices were lower than at the close Jast evening, Erie selling at 46%, New York Central 126% and Pacific Mail 106%. At the first regular board the market was less unsettléd and there was Giminished pressure to sell. New York Central closed on the call 1 lower than at the same time yes- terday; Erie %, Reading 3, Michigan Southern %, Cleveland and Pittsburg %, Fort Wayne ‘4, Pacific Mail 1%, Canton 1s, Tennessee sixes (ex coupon) See gens Eegabasuasiiali Wepnzepay, Sept. 00-61. M. Corrnr.—Rio was in taproved demand and prices re- mained steady. The sale were 3,000 bags ex Mariann on private terms. Of Maragdbo 710 bags ex Grassbre {were disposed of om privatelerms. Other kinds were dull and unchanged. Corron.—Receipts, 16 bales, There was a fair de- mand from spinners ani some ingufry from speculators, and prices for middlingjand low middling were a shade higher, the market firm, The supply on sale was light. The sales were bales, Including 1,623 for spin- ning, 405 on speculatiog tnd 70 for export. Subjoined are and = Mobileand = New Orleans and Texas, 1%, new iasne 144 and North Carolina sixes (new a— ya ery fesue) 1, while Rock Island was }g higher. Govern- ots Ment secarities were steady at a decline of 4 8% By eek per cent. At the open board at one o'clock | Oi rt aiiik dteceipts, 4 ancke. and Brie wold at atx, New York Central 127 | nour, sb. corn fa SQA bushels wheat, a. and Pacific Mall 10334, the market being steady | corm, 8479) do, oate, for Sain "ana Wester tout anv and quiet, At the second regular board the | under increasing recel ices again favored buyers. Spring market was steady but dull, and Reading closed sj | Wheat tranenres ff Fao mee ey at Jat brands holding their own higher on the call than at the first regular board, and Rock Island 5, while Fort Wayne, ex-dividend, ‘was 1% lower. Government securities were steady at the morning quotations. At the open board at haif-past three the volume of business was light and gkow York Central sold at 127%, Erie 47%, Reading 9054, Fort Wayne, ex dividend of two and a haif per cent, 108%, and Pacific Mail 1094, During the re- mainder of the afternoon Pacific Mail was strong. but railway shares were irregular and at the close at six o'clock the following quotations were current:— Pacific Mail, 111 @ 111%; Obto and Mississippi, 284 a 28%; Mariposa preferred, 129¢ a 13; Western Union Telegraph, 34.8 9444; New York Central, 127 a 12744; Erie, 46% @ 467%; Regding, 93% a 03%; Michigan Southern, 83%; a 83!;; Cleveland and Pittsburg, 85 a 85%; Rock Island, 102 8 10244; Northwestern, 8% a 8834; Northwestern preferred, 885 a 88%; Fort Wayne, 108% a 109, ‘The foreign exchange market opened weak and sales of bankers’ sterling at sixty days were reported as low as 108%, but it gained strength as the day advanced and at the close it was firm at 103%. The main cause of this improvement was the enlarged floating supply of gold and the consequent change in the lending rates in favor of the borrower. Atthe Close bankers’ bills on England at sixty days were quoted Mt 1085 m BBY; at three dayr, 109.8 100); cases. nt 9,000 bbis. Southern flour was Inactive and | with ales of about 500 bbis. Califo: flour, without noticeable @ange in Lychee, wae, dull and tend ing downward. Sales ee made of about 2,000 racks, bog rut range of our qw Rye flour was inactive, Hee etna anlce ‘wetepontned to about B00, bia. . We note sales of 1,50 bbis, at yWesteren white and yellow. We 3 3: 23| SSSSSSSSSSseusses 5 7 7 2 7 8 SBSSHaSacS pee ee, Bsssaussses%sessas2 mecas. 5 Fi 3 Orta Boe: for abipping and or ors.—-The market was tolerably active and prices were firm at 20c. a 250 y rime Me. a We. py do. 6c: for inferior Go. Aructs old erop be. a fe. ; new A HEMP,—We hear of no farther sales of Manila; prices were unchanged, Jute waa dull and unchanged: i MOLAssE.—The demand was licht and we bear of no gale of moment, but prioes rempained steady at our last quo- 01 RES. —! f turpenti ile ig reas Tue busiteas ia resin. was lich BO a 82 60; a Byers. 8 ed lewbern, at $3 hands ni @1 We BL Bin ‘asks and + 5,000 gal ry in casks and barre! é hinmetican at Bl, ond in Bomon 9000 do, at Shr Osher kinds were unchanged, PROVIsIONS.—Recel 229 bbls. 68 a cut mite wed 100 kogularde "The markel for pork was {O\erally active, but prices were somewhat irregular, closing quite steady, however, at 828 87%, cash and Tegular's the sale were about 4,500 bbia., at 3745 a $28 50 for new meas (including small lots ae prices), $23 50 a $2450 for prime and @: rime, and $26 25 a $26 75 for prime mesa, ‘or future de- fivery ‘we heard of no sales, Live hogs were slow of sale and ices: were heeryet yesterday's quotations, viz., 8340. a 10¢c. Beet was du the eales being limited to altout 50 bis. at’ 812 8 81950 for plain mess and $20 a $24 5) for extra do. Of beef hams there were trifling sales at 8 829, Cut meats were still dull and beavy at our Jast quotations, viz.:—Pickled shoulders, 12c, a 12)e.; dre salted do., 114¢. ; city pickled hams, I8c. a 19¢.; Western do, Mic. a i8e.; smoked hams, 20c. a2le., and bagged do., Te. & lke. Sales, 40 packages, Bacon was but little sought after, and prices were stil! in bee A favor. Sales, 250 boxes shor clear on private terms, We quote Cumberland cut, 14vc. ; short clear, 15ivc. a 15i¢e. ; jes fifa fl ; short do,, 15'yc. a 15ioc. The business in Was again ight, and there was less Ormness in prices, Sales, 50 packages, Wye, a 19ige. No. 1 to prime steam, and 195/c, a 1 Me. for kelile rendered, PRrnoLROM.—Crude in bulk was slow of sale anil prices were jon buyer's favor, though not quotably lower, The sales were 850 bbis., part at 16}¥c,, closing at about this price. Re- fined was quiet and lower at the opening, but firmer at the close, when S0c. was demanded and 29%c. bid, ‘The sales were'2,600 bbla, at 29. Naptha was in more demand, but Jower; sales 500 bbis. (gravity 69 and above) at 13We., and 1,000 do, on private terms. ‘In Poiladelphla the market for refined on the spot was more active, but lower, aud quite steady for future delivery; sales 6,500 bbls. at 30c. Jae for October, at 80c. w 3034c. ; 1,00) ‘cases naptha at [c., and 259 bbis. do. at Ihe, RIOE,—Rangoon continued in demand and sales were made of 900 bags in bond on private terms. We quote 9c. a ic. Of Carolina there were small sales at 830 a 9 4c, UGAR.—The market for raw was quiet, the demand being light, and_prices were rather heavy, tho lower. We quote:—Fair to.good refining The antes were—400 hhis. at Il'gc.a 12'yo. for Cuba, 1c. for Demeraraand 1c. a 134¢¢. for Porto Rico; also 830 b at llc. al2gc. Refined was gies, at Loge. UW dqc. hard, "14%c, @ 1c. for soft white and 18¢c. @ I4igc. for ow. STEARINE continued in moderate demand. The sales were 000 Ibs., part at 20c, a 202;c, In hhds,, and tlerces. Sepe.—Of linseed we heard of no ‘further sales, It was quoted at #2 25, Grass were dull and nominal at the quota- tions in our last report. TALLOW was quict and easier. The sales were 35,000 Ibs, at le. a 13ige. Witisky.—Receipta, 136 bbls. The market wag quiet but firm at avout 81 85a $1 40, free. ‘The supply was light. THE DRY GOODS MARKET. Apart from a general readjustment of prices, correspond- ng with the reduction in the market values of certain of the most popular fabries and more in accordance with the lower price of cotion heretofore chronicled under this head, there have been few important changes in the market for domestic cotton goods during the past week. Jobers bave in numer- ous cases undersold the agents, even in the face of the proba- bility that they would be unable to repleniah their stocks ex- cept at prices higher than they h: id at, and in this way considerable business iuced, 80 that we find h not q & large business in the aggregate as the result of the week's effort. Some of the principal musiins have been reluctantly marked down, to correspond with wer price of other fabrice; ‘but on the whole jobbers have manifested a disposition to meet the views of buyers whenever by #0 doing a trade seemed likely to result from it. The drop in New York milis before noted is the Diggest fall yet, and this led to a general “ier down” in kin- dred fabrics, a3 a glance at our quotations will show. . The annual statement of the cotton erop for 1267-8, compiled in the oilllee of the Shipping List, Which in universaily acknow- ledged to be the eat authority, showa that the total cotton ‘utements” of ihe crop have been put forth from ters; but though purporting to be original eom- pilations’ they bear evidence of baving been made tp. from the Shipying List statement, and care hae evidently been taken not to have the iigures vary essentially from that. With a crop of 2,509 bales about all absor'ed before the commencement of the bext cotton year at the high prices which bi been currentduring the most of the year, tl good promise for the future. The cable brings immense yields in Asia; but insomuch as there are in coniict with previous accounts and are put forth justaa our own new crop is beginning to come forward and seek a market at home and abroad these # abould be tuken with ® good many grains of allowance. Prices may rule Higher or lower ; but the highly toned cable despatches should not be allow to exert any Influence, as they are evidently not entiled to any. It will be but few years before we again mo- nopolize this great branch of ‘agriculture, becarye, all things consi 0 country can long produce the WWaple in the t manhfacturing centres oi the globe as : Trow years will su‘tice to regain the prestive eat cotton garden of the ¢ Teports the market for prisiting cloths :— much depressed; at the present prices of cotton the manufacturers are losing money. Some turers of print cloth stopped their miil others are runoing two-thirds time are changing on to 000 ao. ee. 3 BU, do.64x64, 7 000 do. 64x64, 7e., thirty days, without fnverert ; 5,000 Go, b4x64, taken at market value when ready for delivery ; total, #2,000 pieces. ‘Accoring to m San Francisco paper there are three San Francisco inlils, which turo out an assortment of £90 dis- tinct varieties of goods adapted apectally to the wants of their conat, thus rendering tuem more and more independent of Eastern and foreign supplies. We append quotations of of dry goods, with the remark that ta many cases they represent the prices of moderate lots only, as large lots aro obialuable generally at sight couces- sions. We quote:— BROWS MUSLINS. 216 Wamsutta. 104 Mourning. 13% Dunaell’s is &S Ss8 xcs Ba se OFFICIAL TRANSFERS OF REAL ESTATE YESTERDAY, +. TRANSFERS IN KINGS COUNTY—RROOKLY! Carroll fee of Nevi 18x80. Ghinton wf w 8,40 fn of Warren’ iro McDo' at, 496 Mesero! -. BOO mi om, Smith st, w'a, 7 ko ik iy ving Atianti ‘960 3! LE Sth ay and 224 at, # w cor, 1 year, 8 months, per year... TRANGUERS IN NEW JERSPY—NRWA Littleton ar, w #, 297 ft of South Orange Scivalk at, wail {ts of Bowery #t, 287, Drift road, H Multhoupt’s property, 426x440. LEV ILL RS Bridgn a, w a) J F Adams property, 20x Matn roait, ¢ #, near Stone Bridge, Dock Prospect al, © 4, 186 ft n of Holmes at, 6axl CLINTON, Tncob at, w a, 176 ft n of Gold st, FOx100. ORANGE, Tremont av, na, 633 fin wof MAE R R, 60x! BAST ORANGE. ‘Old road, n a, 80 ft w of Sterling et, 112 ft front. HOOKEN. Adams st, @ #, lot 18, block 18, Coster map, 252100. .. WODSON, Colden at 38 lote2, 3, 4, plot 11, block 11, Bramhall’ Thxi00.. ‘aterson at and Summit av, #¢ corner, 7x10). ‘arren at, 60 ft w of Passale ay, 50x100. iy Intersection of Fen Horne Creek and Roms” Diici, n Pi atieadetar, Ww between ‘Van’ Vorst and South Lots 9 and 10, biock 4, Cireinea map, Said mete SION, jock $b, Guttenberg, 26x100.... OBITUARY. Joanna Quinner. In the flourishing city of Lynn, Masa., on the 20th ult., died MissJoanna Quinner, the self-taught lady sculptor, at the advanced age of seventy-two years: Miss Quinner’s entrance into life did not take place until ste had at her forty-seventh ee then it was more b }- Hodeon ay, n lot 361, bi y chance than any bis rted intention on her part. Had her early eda- cation’ in the art been attended to and her advan- tages equaily good, there is little doubt but she would have attained # high rank among American artiste. TROTTING AT THE UNION COURSE. ‘The avenues leading to the Union Course were alive early yesterday afternoon’ with visitors hieing to this time-honored old track to witness the elev- enth trot between Lady Thorn, the queen of the turf, and her great rival, Mountain Boy, for purse of $2,000, mile heats, best three in five, in harness, Stopping at John I. Snediker’s, the great rendezvous of trotting men and horses, we found quite a crowd had assembled there im advance of us. Looking about we discovered among the assemblage some of the most noted trotting men of the day, many of the oldest of whom had not been on @ track for several years, The affair to come off was an exciting one, It had enlisted the attention of the majority of horsemen in this section and brought numbers from abroad, all anxious to witness what they supposed would be the deciding trot between two great celebrities—a test of their relative merits—Lady Thorn having previously beaten Mountain Boy stx times and he her four, two of them recently, By way of résumé we may say that these races began at the Fashion Course Jast year, when Lady Thorn vanquished Moun- tain Boy. This led to @ match on the Union Course, in which he beat her. No further racing took place between them that year; but with the opening of the spring campaign of the present year they met again on the Fashion Course and Mountain Boy was defeated. They then went east and met at the Narraganset Park at Providence, where the mare scored another victory, and again beat him at Mystic Park, Boston. Subse- quently they met again at the Union Course, Long Island, where the mare achieved another victory and gained for herself the appellation of the Queen of the Turf. Down on Staten Island, on a track three-quarters of a mile long, just the distance for Mountain Boy, they again met and he defeated the mare. After this the proprietor of the Suffolk Park, at Philadelphia, offered a large purse for these horses to trot for on that track, Probably this was tie more acceptable to the owner of Mountain Boy, who had refused to allow him to trot in company with more than one competitor, alleging that his horse was of too excitable a temperament to compete in a race where more than two horses were entered, This race was won by Lady Thorn. The Phila- delphians were so much delighted with the trotting on this occasion that they resolved to have another exhibition of the same kind, and for that purpose the Point Breeze Association made up @ large purse for them to con- tend for. Here they met again, and Mountain Boy de‘eated the mare in @ very fine and well contested race, in which a great deal of money was lost by the backers of Lady Thorn, who had staked at long odds onthe result. Another inducement being offered at Island Park, near Troy, they went there, and ona bad track and in @ heavy gale of wind Mountain Boy was again the victor. The result of the two last trots gave great encouragement to the backers of Mountain Boy, who were so sanguine of his ability to beat her that they offered to match Lady Thorn to trot over the Union Course for any amount. This was declined. The proprietor of the Union Course, however, with an eye to business, volunteered to give them a purse of $2,000 to contend for on his track, and this brought them together in the race yesterday. Pool selling was extremely active when we reach- ed the course and the odds were slightly in favor of Mountain Boy, but were soon equalized and con- tinued so until the horses began scoring. Here the mare exhibited such a turn of speed, and her condi- tion was otherwise so much in her favor, that her backers went almost into ecstacies, and odds on her were the consequence. There was, however, much doubt in the minds of many old horsemen as to what would be the result of this race, and much anxi- ety and indecision were manifested by persons whose opinions are generally of great weight on matters appertaining to the turf, as Mountain Boy’s late victories and his apparently fine present condition had made a deep impression on them. Many were surprised at his defeat, but generally attributed it to the heavy wind that prevailed during the race, which he was Jess able to stand than the gailant and powerful old mare, whose high breeding and great energy under dimicuities made her able to contend successtmlly with adverse influences. Great pains had been taken with the track for this great event, It was in capital order, and had ft not been for the high wind the time would probably have been as fast as was ever made by these horses anywhere. As it was the race wa8 an ahxious and exciting one. ‘The judges for the occasion were men noted for their nice discrimination and good judgment, They were Messrs. Simeon D, Hoagiand, Joseph Burr and Peter Dubois. But to the detatis of The Race. First Heat.—Lady Thorn won the pole. The horses came up for the word, bat Mountain Boy being a few lengths betund the judges dil not give the word, and rang the bell for them to come back and try it again. The wext time they came up the word was given to an evea start, and away they went, head and head. Going around the turn Moun- tain Boy broke up and lost haif a dozen lengths or more before he recovered. Lady Thorn passed the quarter pole #ix lengths ahead of him in thirty-seven seconds. As soon a3 Mountain Boy got the wind in his rear—and it was blowing, as a salior would say, great guns at the time—he cut loose an went at a terrific gait down the back- stretch, shutting up the daylight astonishingly fast, and @ (ae mare passed the halfiniie pole he was at her wheel. ‘Time, 1:12. As they went into the lower turn they were head and head; then the geiding be- gan to show his head in frout and, gaining raj Was 8000 clear of her, He came on the homesir one length in front of the mare; but it was not long afterwards, having the force of the wind in his face, before he found kimself in difficulties, Before be feached the drawgate the mare Was on even terms with him, and McLaughlin, the driver of Mouotain Boy, began to search lor the whip, Which was on tie seat of the suiky. By the time the whip was found the mare was a neck and shoulders ahead, and when the whip was used it was of no avail, th gelding being unable to get away from it. The mare was too much for hun; that he was beaten he pulled Moun Thorn winning by two lengths. ue. was extraordinary time under tge circumsiances, Second Heat.—one handred to forty was tien cur- rent on Lady Thorn, and hedging was attempted by some of the backers of Mountain Boy. There was little chance for that, however, us every person was anxious to his money on the mare, The horses were started at the first aitemp!, Mountain Boy hav- ing a tride the best of the send off. He drew away from the mare on the oulstde and took the pole on the turn, and led to the quarter pole nearly two lengths, in thirty-six seconds, On the backstreten the mare held her own, both trotting very steadily, and at the half-mile pole Mountain Boy led two two lengtus, in 1:11. Going around the lower turn he opened the gap, and as fe cume into the home- strech was nearly three lengths in front. Pater pulled into the inside, and comiag with a rash soon overtook the gelding, the mare seeming not to mind the high wind at all, while Mountain Boy ap- peared to stagger under its influence. At the draw- gate (he horses were parailel, but from there to the stand the mare drew gradually away and won the heat by wo lengths, ‘Time, 2:24. Third Heat,—Che resuit of the race seemed now aettied. Notting but an accident could prevent Lady ‘Thorn from winning. In the pool selling the odds were very large in her favor, one of the pools selling for $509 for the mare and $49 for Mountain Boy. ‘The horses came up well together at the first trial and got the word. As they were going wround the tarn the mare floundered, but was quickly caught by Pifer. Again she made another misstep and was on the point of breaking when Pfifer straightened her in a masterly manner. While this was going on the backers of the mare were much alarmed as they well knew that a break would jose the heat and probably the race. she, howeve! was kept on her fer and then ~~ jared away and was within two lengths of Mountain Boy-as he passed the quarter pole, m thirty-seven seconds, The gelding continued to lead two lengths down the backstretch to the baif-intie pole, Which he passed in i:12},, McLaughlin seem ing inclined to save him as much as ible for the struggle at the end. Getting into the lower turn, the mare closed a trifle, but as the gelding approached the three-quarter, he opened the in to two Jengihs and came on the homestretch with all of that advantage. As soon as he had to face the wind he again seemed to hesitate and the mare com- ing on the inside, as in the previous heats, was seven with him at the drawgate. She there made another mfsstep and came very near Loewe | pfifer Seog her just in time, however, an she foundering again a little further on, and Mountain Boy was even with her; but by the masterly Steadying of Pfifer she was kept on her feet and was forced in a winner of the heat and race by half a length. Time, 2: The following is a SUMMARY. UNTON CoURSR—Wapnespay, September 90.—Purse 2.000 mile best three in five, in harness. Phifer entered b. m. Lady Thorn. i ii 197%. 8. McLaughlin entered b. g. Mountain Boy. Time. Hats. i 6 ane ‘There {4 at the present time on board the St, Laurent, of the New York and Havre Mail Steamsnip line, # magneto-electric battery of great power, com- posed of seventy-two horseshoe magnets, each cap- able of sustaining @ weight of 140 pounds. The cylinder upon which these play is revolved at the high speed of 400 times per minute, thus generating ‘and charging the conductors with an electric fuid suMiciently continuous and active to produce a steady, unfailing light, that, placed in a reflector of the aizo of those behind the lamps of locomotives and which are intended to illuminate the tracks in front of the trains several hundred yards, will pene- trate the densest fog for the distance of two or more miles, while on dark nights, depending of course on its altitude, its rays can be seen from to forty miles. Indeed, the lighthouse off the port of Havre has had ‘an electric light within its powerful lens for the past three years, and tt has been found more faithful and in every other respect superior to the lights com- monly Introduced on dangerous and much frequent- om, for the guidance of vessels passing near to mm. A point which the electro- etic batteries, Manulacturea by the Compagne L’ Alliance of Paris, has gained over every other is the continuous- nesa of the light. Until this magnetic machine for the generation of electricity was invented a brilliant, perhapa quite ag Rowerty.t light could be obtained, but no dependence was to be placed on it. Some few years ago two electric lights Were placed at the end of an avenue in the city of Paris, and it was hoped that while one burned the other could be so managed that, in the event of its extinguishment by what might be termed a caprice of the generating instrument, it might instantly be brought into use, ‘The light given out by the burn- ing penciis of carbon under the action of the electri- eity was almost as brilliant ag that from the sun, Thousands were present, to admire and enjoy the novel light, but suddenly darkness came upon them and the avenue, aud from that moment the light could not be depended on. It is in this particular the instrument on board of the St. Laurent is so su- perior to other electro-magnetic nachines. On Tuesday night there were, for the gratification of the curious, experiments made with the light on the French steamship, The beautiful movable re- fector, which can be made to throw its disc in any direction, was lighted up, and tnatantly the whole tront part of the upper deck, the river and the shores of New Jersey were made as clear almost as they are when under the solar ray. From ‘the deck, by con- ducting insulated wires, the light can be changed from the deck toa refector high up on the main- #0 that when at sea, without absolute criminal neglect on the part of those in command, there can be no Uae hility of collision or, when near a coast line, of running on shore. As the battery, witu its appurtenances, is manu- factured for about $4,000, it ought to be introduced on every ocean steamship, and of less power, and of course at cheaper cost, on railroad trains, ferryboats, &c. A dozen or two such lights as that which the battery on the St. Laurent supplies, pro) erly dis- posed of, would be sufficient to .illaminate the shores of the city, and another dozen and odd set up in different parts of its imterior would be found more efficient than ail the gaslights we now have in use, and which cost the people so much, Half a million of dollars expended in the purchase of electro-magnetic batteries built npon the plan of the Alliance Company of Paris, and the expenditure nightiy of ten or twenty dollars in carbon pencils, and the price additional thereto of the coal for the furnaces of the donkey engines and the labor of stokers and engineers wouid be all the cost (the interest on the money invested in the bat- teries only should be estimated), of ligiting up the third largest city in Christendom. The electro-magnetic macaie on the St. Laurent and the manner in wh the electric fiuid is flamed at the points of the pencils of carbon are in ail re- spects perfect, and in tine will cause a speedy and complete revolution in the manner of iMaminating vessels, lighthouses, &c. Itmay be added that the day is not distant when the cities of the world will be ligited by electrivity, and ata price mach below that which is annually expended in the consumption of the common street Bis, ACCIDENT IN BOSTON. SHOCK Falling in ef the Roof of the New Skating Rink—One Man Killed aud Several Injared— Providential Escupe of Hundreds from In« stant Death, Boston, Sept. 29, 1808, About a week since the whole population of the “Hub” was jubilant over the completion at the south end of an extensive and adinirably arranged skating rink. It was properly said to be the largest, as it was undonbtedly the finest im the country, and it was dedicated by a grand concert and other fes- tuvities on the eve of completion, and» thousands were present to mingle in the pleasures of the occa- sion. The substantial nature of the structure was belleved to compare favorably with lis other com- mendable qualities; but the error of such bélief has been sadly illustrated this afternoon by the tumbling of nearly the whole of the roof, which covered an area of 245 fect in length by 165 in width. Some painters who were at work m- side were buried beneath the débris, and one of them was instantly killed and two others were severely injured. The cause of the falling of the roof is saul to have been on account of the settling of the wails; but whether that was the true cause or not will prob- ably be determined by a coroner's investigation, here is great excitement in the city about the ca- Jamity, inasmuch as it is regarded as a Providentiai work that the accident did uot take place when the rink was filled with a crowd of people, as it has been weve! times since its comptetion and was to be again to-morrow evening. Several promenade con- certs have been given there, and one political meet- tug has also been held within its enclosure, and on the latter occasion there were no less than 16,000 people present. If the calamity had hap- peoed upon such an occasion this the loss of life must have exceeded that of the failing of the Pem- bertoniniils, in Lawrence, some ten or a dozen years ce, The building is a plain brick structure, 245 by 165, and the roof was forined of fourteen arches, each arch being composed of inch planks and iapyed to- gether to the number of twenty thicknesses, the whole being msecurely held together by fron braces running through the building. The structure con- tained a large gallery and the ice surface which it was to afford would have been 200 by 81 feet, and it was to be illaminated by between and 300 gas jets, It was owned by @ corporation and was built on & contract by Messrs, Hensey, Johnson & Co. at an expense of about $50,000, The accklent will natu- raily render the whole enterprise a failure, and it 13 doubiful if the public feeling will be such as to war- rant the projectors In re-erecting it, ‘A TAACEDY IN KENT COUNTY, VA. Murder, Arson and Rebbery. {From the Richmond Whig, Sept. 25.) We are indeed t constable Kobert 8. Taylor, of New kent county, for the following particulars of one of the boldest and most cold bi tragedies which we have had to record, even in these times w crime riots in the land, and life and property seem heid as by @ mere thread. While the perpetra- tors of the dark and bloody crimes we are about to picture are yet at large, and while no haman being a3 yet coine forward and told how or by whom the crimes were committed, sill the chain of circum- stances is So complete hat no one made acquainted with them will fati to come at once to the conclusion that on Saturday evening last John ba- ker, a colored man, alter coming the woods where he had been cutting poles, stopped at his hog pen, ou the landof Mrs, Julia Stewart, a white widow woman, in the county of New Kent, and that while leaning onthe pen and resting on his axe, was shot from behind by some one with a run car- rying Minte batis; that he fell and afterwards tried to rise, but was knocked down with the gun with suMcient force to despatch liitm and break it at the breach. He was then dragged to Mrs. Stewart's landing, four hundred S it is supposed, siripped to ascertain, his person. ims shirt was he had any money about ges on him bind part foremost, as if in a hurry, and he barrel of the broken gun tied to feet, after which he was thrown into the river. His coat, which had the holes made by the bails passin, through it, Was not put on him agam, but was le: hanging on @ stake near the mver bank, His body, owing to the light weight attached to it, did not re- main long under water and was discovered Sunday by some colored men. ‘The news spread rapidly, and seon nearly the en tire a atauetatae white and black, were oa the ground. John D, Christian, Coroner of the county, being aperieed of the discovery of the body, ordered Con- stable Taylor to summon a jury as directed by law. Without = mueb liny ie following i" y was procured:—John UD. Odell forvensy, Robe Wright, James Chandler, Richard L. Gilliam, Eppa Gilliam, Wiliam T. Call, Richard Boswell, James A. Austin, Thomas W, Austin anu William A. Burnett, whi examining the body, rendered # verdict that he came to his death by a gunshot wound, in- flicted by some person unknown, The balis, which eniered his left side and lodged in his right side, Were extracted at the inquest. They were shown us by Mr. Taylor, in whose nm they were yeaterday, The gun barrel was loaded when found and haa tie ramrod, big end down. ward, in it, from which itis evident the mur- derer atarted to reload after Baker fell, but before he could finish and draw his ramrod Baker attempted to rise, pane is surmised, he completed his fiend- ish work with the buttend of his The axe, upon which it is — Baker was resting when shot, was found midw: Aeon 2 the hog pen and “the landing.” It had blood upon it, No one doubts but that the object of the murderer in killing Baker was to fet of which he was known to have @ oe eal. the $5,000 In an exaggeration of the amount Hi al puke 90 eae always to carry a conaiderabie person. The deceased y blood, and’ had always condueted itiselt with auch ood Whigher. ta his deatioga ne Wan always provapt and To this ameschant’ of tuwelty, wilt hom he dealt for tw bears tentimony. le owned a farm, and'worked @ part of series clerk, reached the place and flames and about t> fall in, and hethinks it had been burning at least an hour before his arrival, He saw no one in or around the house, When the ruins were examined on Sunday the bones of a person, pronounced to be a female by the doctors present, were discovered, and there is no doubt on the mind of any one but that they are the remains of Mrs, is still missing, and of Whom nothing has been since Saturday night. The flends who murdered her were also in search of money, as it was known. that she Kept several hun- dred dollars in specie, and ‘4 in the house. place with her ‘There has been no one living on the for some time past except ‘Gaker, hence her mar- derers were able to accomplish their hellish purpose without any considerabie danger of discovery. QUARANTINE AFFAIRS, An Encouraging Decision for Shipownere— Quarantine Charges for Towing Vessele— The Profits of Fumigation. ‘The publicity which has already been given to the Management of affairs at Quarantine has awakened renewed interest among the mercantile community of this city and aroused a determination to get rid of the annoyances, extortions and positive ilegali- ties practised under the name of preserving the heaith of the port and exeeuting the laws of the State of New York. Measures will be set on foot this winter which it is expected will result, if not In sweeping away the whole system of quarantine as at present conducted, at least in securing some modifi- cations of its intolerable inconveniences, to use the mildest expression. It is very properly contended that as quarantine is one of the most important features of commerce, there is no question of the right of the general government to take control of the matter, In the year 1855 the Legislature of Louisiana enacted a law providing that the master and wardens of the port of New Orleans should be entitied to re- ceive, in addition to other fees, the sum of five dollars whether calied upon or not to perform any service for every vessel arriving in port. The law which pre. vails here, giving the Health OMicer and his deputies an extra fee for every vessel boarded after sunset, together with enormous perquisites besides for no services rendered worthy of consideration, is exactly similar in its provisions, with the exception of mas- ter and wardens occupying the place of health health officer and deputies. Under the act of the Louisiana Legislature five dollars was demanded of the steamship Charles Morgan and payment refused. After some litigation and an adverse decision in the State court against the steamship the case came be- fore Chief Justice Chase, in the Sapreme Court, under the caption of “the Southern Steainship Company of New Orleans, plaintiffs in error, against the master ‘aud wardens of the port of New Orleans,” and decision given by the Chief Justice in favor of the steamship, with an opinion that the act of the Legislature of Louisiana was repugnant to the con- stitution; that the power to regulate commerce and matters appertaining thereto was given to Congress m comprehensive terms, with the single exception of the power to lay duties on exports, No act of Congress recognizes such laws as those of Louisiana and New York as proper and bene- ficial regulations. “If the constitutionality of the charge,” said tie of Justice, “for the benefit of the master and wardens can be maintained upon the ground that it secures compensation for services it is dimeutt bo eive upon What grounds the @n- stitutionality of any State law imposing taxes for the State goverament w vessels ianding in its ports can be questiones He might have said ex- actly the same in a case where a New York mer- pay iifteen dollars for the tumi- 1 laden with sand, which re- w York after being partially wrecked on a desert sland. The decision of the Chief Justice should encourage those cowed and victimized shipowners of New York who have been compelled to pay the exorbitant charges of narantine, to clalia restitution from the courts, In the spirit of this decision all these cha for cooperage, lighterage, fumigation, and a host of otiver impositions, are clearly ilegal where that much money charged above the regular rates is simply for the benetlt of the quarantine ofticials and for services not perfurmed. SOME OF THE QUARANTINE CHARGES, Here is a list of rates for towing vessels at and under quarantine for the season of 1368, as regulated by the Commuissioncrs of Quarantine:— For towing vessels from Lower Quarantine to New York, Brookiyn or Jersey Oe ee vice versa— Regular rates, Ships... $50 Barks... Bod brigs 20 Schooners. 20 From Upper Quarantin vali. Reguiar rates, Ships.. 40 $20 Barks. - & 20 Brigs.. ~ 16 Schooneis. ‘ 20 15 From Upper to Lower (Quarantine and vice versa— Bach, Reguiar rates. Ships. . $ Barks. Brigs.. o Schooners...... 15 Moving ships or barks any distance in vee or Lower Quarantine, per hour, ten dollars. Regular rate, six dollars, Conveying passengers from Quarantine to New York, one dollar per head. ‘Yhis ts a choice and exclusive monopoly—one of the many rich plums in the quarantine orchard. A captain ormailor of a quarantined vessel cannot use his own boat. He must either take the Heaith Om- a Cn mgr - Carrying pachag b ipper or Lower Bay, not exceeding twenty pounds, fifty ceats; fifty pounds, seventy-five cents; 100 pounds, one dol- Jar, 200 pounds, two dotiars, ‘This yields a’ handsome revenue. In fact, every- thing about the institution of quarantine turns to gold at the magic toach of the manager. but here comes the cream in the list of charges: RATES FOR FUMIGATING VESSELS, $10 16 12 re are no regular rates to compete with these, ay stand alone, dictated in the wise and sole dis- cretion of that close corporation, the Commissioners of Quarantine, of which Cyrus Curtis and br. Swin- burne are two of the shining lights. Ifa shipowner has cause of complaint inst the quarantine ofticials his only court of appeal is the Board of Quar- antine Commissioners. He then avpeais from Dr, Swinburne as official to Dr. Swiuburne as judge, and ‘thu it can be readily understood why so mach un- satistied complaint exists through the lower part of town among shipowners. But take @ look at the fu- migation charges and bear in mind that medical men have long since concurred in the opinion that fami- gation, as it ix practised, is an utterly useirss for driving away infectious diseases. It is at 4s efective as the enterprise of smoking out mosquitoes with a tobacco pipe. The material used for fumigating a vessel, say a steamer, is worth = perhay seventy-five cents, &@ man's labor is worth two or three dollars for @ day, and al- lowing two days for jhe operation the cost amounts to about five doliars. Quarantine thinks it is worth twenty-five. it takes perhaps ten cents more of the chlorine compound for a steamer than a schooner; the reguiatton diiference is fifteen doliars. FORM OF BILL FON VISITS PROM ARALTH OFFICER. QUARANTINE, &. L, Mr, —— Pay Dr. Reid, or bearer, for boarding —— -—-—— at night, oso —— ——. Maser, Jn the qnarantine season sich documents fall apon the doomed winged coursers of the deep that look into New York harbor for shelter like a shower of snow lakes, SHAR? PRACTICE SOMEWHERE. In the early part of the season the Shipowners’ Association was in negotiation with the Quarantine Commissioners in regard to the rates of Iichterage. ‘There was coustderable cot ndence carried on between the Association and the Commissioners, The proposition male by the Association Was that they would do the lightereas from the Upper Quarantine station at ten per cent a Marge phoney 4 tates; from the Lower Quarantine at fifty per cent advance. The proposition was consid a@fair one and t Shipowners’ Association was told by the board such a reasonable offer would be ombraced. It turned out, however, that the Board, which had all along been pretending to listen to the overtures of the Association, had, even before the correspondence on the subject was opened, made a contract with Shortiand & Oo. for this purpose, Of this matter a Liinself mformed a member of the Assoct- ation. WHAT THE SHIPOWNERS THINK OF QUARANTINE. The Shipowners’ Association can furnish a series of documents bearing upon the extraordinary work- ings of Quarantine, documents supported by the afiiavits. of numberless ship captains. Long ago complained, with far leas reason, of the taiser- able farce practised at this port under pretence of preserving the health of the city. They coinplained of vessels being detained a long time at (uerantine under the most trifling pretexts, the cargoes «is charged there at a very heavy and unnecessary ex- ate not to preserve the heaith of this metropolis, but for the benefit of individuals who fatten upon the Ilfeblood of the commerce to which New Yc rk is in- debdted for her pre-emmence in the Western Hem/i- sphere, while crews, passenger, baggage and even Lew ey have been permitted to land at our wharves and be distributed through our public thoroughfares, Some of the quarantine regulations are su covertly framed as to lead the unitia‘ed to suppose that ves- sela which, in their ordinary passage, do not pass south of Cape Henlopen would not be subject to qua- ranting; but a littie clause has been inserted at the close of the second subdivision which covers the whole ground and by which ail vessels from foreign are subject to the dictation of the Officer, and under which vessels bringing cargoes guano and even sait are subject to quarantine,