The New York Herald Newspaper, January 8, 1869, Page 9

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NEW YORK HERALD, FRIDAY, JANUARY 8, 1869—TRIPLE SHEET. y FINANCIAL AND COMMERCIAL. TuunsparY, Jan. 7—6 P. M. ‘The money market ts working with comparative ease after the atringenoy of the past month, To- day the great volume of business was done at seven percent in currency and im coin. The threats of Jegal investigation have doubtless frightened a great many lenders from asking unlawful rates, but it is reported that as high as one thirty-second commis- sion was paid—underhandedly, of course. There is nothing to prevent the exaction of seven per cent in coin; at least such is the impression, aud hence for such transactions the real rate is between nine and ten per cent, Coin interest was paid between brokers on stock collaterals, while the currency’ figure was paid on governments and other prime securities, As an offset to the extreme of a commission on the one hand, it is said, on the other, that some balances could not be placed at seven per cent currency. The facts, both ways, show the easter feeling prevailing, The market was not uni- form throughout the day, however. ‘In the morn- ing and until two o’clock in the afternoon there was but a limited inquiry. Borrowers took it for gtanted that funds were plentiful, and postponed their engagements. Towards the close of banking hours the demand was quite lively, and during this period gold interest was paid. After half- past three o’clock money was again plentiful and was lending freely at seven per cent. The indl- . cations are that the stringency has entirely passed for the present, or until artificial causes or the re- ‘tura of those which created the recent tightness again disturb the tendency of the interest rate. here are vague rumors that the present inflation of the stock market will result in an attack by the “bears,” who will resort to the old stratagem of “docking up greenbacks.’’ It is hardly probable that money will return to the ease of last September, when call loans were made at four per cent. Forty or fifty millions of doilars have gone to the South and have been or will be absorbed there. The flow of currency in that direction at the present time ia still going on, but on a diminished scale. More will go in the spring in the shape of Northern capital, which, under the temptation of the high price of cotton, is seeking investment in that region. Schemes for transporting Northern wealth and labor to vhe South abound among our men of enterprise. Emigration has set in and will be a strong cur- rent in the spring. The revival of cotton culture is a fever just now with capitalists, ‘The total crop in 1860-1 was nearly 6,000,000 bales. ‘That for 1868-9 is estimated at 2,600,000. There is, therefore, a wide margin for the investment of Northern capital and the employment of Northern labor. The development of the cotton and other re- sources of the South and the grain crops of the West will in a few years require all the currency of the country. Congressional theorists on the subject of Fesumption should bear these facts in mind. While the period of stringency in our money market has ended, it is, therefore, no sign that money will mot be active at figures approaching the legal rate. The shipments of greenbacks from the West are quite abundant, but not enough to make up for what has gone to the Soutt® They will tend to reduce the rate of interest to six or seven per cent, but not Jower. No good business man will now complain of ‘these rates; a less rate would indicate redundant or ‘unemployed capital. At this time, when the coun- try should put forth every energy to recuperate from ‘the losses entailed by the war, it will be a good sign to see money healthily active, for the fact will be Dut the reflection of new enterprises in the develop- ment of our resources. Gold to-day was firmer aad active, for the several Teasons of the increase in the national debt, the ‘firmness of exchange—which 1s at the specie ship- ping point—and large purchases by private bank- era, probably to cover short sales. These very Feasons also prove the really weak undertone of the market; for tt required the strength of their combination to sustain the pre- mium at but a slight advance, The opening price ‘Was 13534, from which there was an exceptional ad- Vance to 13534. The great bulk of business was done at 195% and 135% The range of price is shown as + 13536 2 see 186% 13535 Yok SEM, + 136% ‘The gross clearlags were, only $44,624,000, the gold pesca $7,008, 339 “and the currency balances 94,020, 27, _- The ‘Bremen steamer took out $500,000 in fhe carrying rate followed the money mar- “ket and ranged from seven per cent to twelve per ogpt and +32 to ne, «Sealers in commercial pan4t report Ime tnauiry. ‘The market can hardly be said to bs 2°tiVe, HOWEVER, Buyers, on the one hand, are disposed to do business at the rates recently prevailing, the high rates on call loans being dissipated; makers, on the other, are unwilling to pay these rates on account of the easier feeling tn the general money market. Asa consequence few transactions have taken place. The country banks are largely represented among the inqutrers. The discounting rate ranges from eight to ten per cent for the choicest names. The government bond market opened with great animation and was very buoyant until high prices induced realization; '67’s touched 108%. At the afternoon board there was a reaction from the best figures, followed by a partial recovery on the street, where prices closed as follows, at half-past four :—United States sixes, 1881, registered, 1104 ; do. do., coupon, 11144 @ 1114; 5-20's, regis- tered, 107% a 10854; do., coupon, 1862, 11234 a 1124; dO. dO., 1864, 108% @ 109; do. do., 1865, 1093, a 109%; G0. do., new, 1866, 108 @ 10834; do. do., 1907, 108% a 1083<; ao. do., 1868, 108% 10834; 10-40's, registered, 108% a 104; do., coupon, 106% 100%. Southern State bonds were more active on account of the ease in money and @ sudden feeling that the prospects of the South are very encouraging. ‘frans- actions were more numerous than usual. Tennes- ees, Old, were quoted at 66 a 66; Tennessees, new, @ a 66%. North Carolinas improved, despite the delay in the interest, to the figures 643, a 65 for the Old and 6254 @ 62% for the new issues. Virginias, ex coupon, were quoted 63 a 64; Virginias, new, 56), 57; Georgia sixes, 7834 79; Georgia sevens, 89; a 90; Alabams fives, 61 a Alabama eights, 8414 a 95; South Carolinas, old, 69870; South Carolinas, new, 644 65, and aiissouri sixes, 8735 a 88. ‘The Lou- dsianas were very aclive at the close, with the quo- tations:—Old bonds, 60 @ 70%; levee sixes, 631; a 63%; levee eights, 60% a 713. ' Railway speculation was the feature of the stock Market. Prices were very active in response to the further easing of money. Erie came forth from its comparative obscurity and was quoted up to 40. On the subject of the proposed Western connections of this road the Cincinnat! Chronicle of Monday iast says:—"Wo are advised from Columbus that the Proposition made by the Erie Company to lease the line of the Columbus, Chicago and Indiana Centrai Raliway, whicn has been agreed to by the Board of Directors of this Western company, is likely to meet with stubborn opposition from some of the stockholders, who are averse to having their interests transferred to the control of the Philistines, It is held that the interests of these lines are distinctively Western; that the natural Eastern allies are the Pennsylvania Central and Baitimore and Ohio, and not the Erte road, which crosses the matn trunk forty-seven miles west of the Eastern terminus—the capital of the State; and that to give the Erie company the control 14 to Place the stock held by citizens of Ohio and Indiana at the mercy of the New York gambiers and to leave the people along the line who have con- tributed of their means for its construction and development without adequate protection. The whole market is now in the hands of the cliques, who are openly projecting all sorts of extensions and expansion to the Missis- sippi river to meet and tap the Pacific Railway. They are profeasediy seeking the enhancement of the roads which they control, but their benevolence is singu- larly exercised at the very opportune moment of an aay money market and leads to the suspicion ¢hat road will not be completed for a long time to come, Railway investors buying at present figures. will orely discount the future. New York Central was eglected until the close, when, in the furry of very Duoyant market, it rose to 167%. SoutWern 1s the last slock.set down for 8 dividend, eoverding to the programme by the New York Central directors, It touched 91% at one | market Period of the day. Pittsburg, which went below 84 on the announcement of the result of the election for directors, went above 89 this afternoon, on the strength of rumors of a two per cent quarterly divi- dend and a fifteen per cent scrip dividend. Wabash was also advanced on account of an expected dividend. The Northwestern stocks were strong. Ohio and Mississippi! was neglected but firm. Of the miscellaneous list Pacific Mail was most active, touching 121. Canton ‘was quoted up to 51%. Prices closed on the call at the last open board as follows:—Wells, Fargo & Co.'s Express, 23% bid; Adams Express, 483; a 49; United States Express, 4134 bid; Merchants’ Union Express, 13% a 1434; New York Central, 1585; @ 157; Erie, 3934 a 3974; do, preferred, 62 bid; Hudson River, 184 a 13436; Harlem, 124 a 126; Reading, 9434 @ 94%; Chicago and Alton, 147 a 150; do. preferred, 148 bid; Wabash, 61 a 613;; Milwaukee and St. Paul, Tl @ 7134; do. preferrea, 8944 a 8974; Fort Wayne, 118% 119; Ohio and Mississippi, 335; a 33%; Michi- gan Southern, 913¢ a 9114; Pittsburg, 89%; Toledo, 101% @ 101%; Rock island, 118% a 118%; North- Western, 825, @ 823; do. preferred, 84% a 85. Business on the street after the boards was ani- mated. The following were the closing prices at half-past five o’clock:—New York Central, 157% & 187%; Erle, 395 asked; Michigan Southern, 90% 91; Rock Island, 118% 9 119; Reading, 9434 a 94%; Northwestern, 82% a 82%; Northwestern preferred, 86 @ 8544; Toledo, 101% asked; Pittsburg, 89 a 89%<; St. Paul, 717 asked; , St, Paul preferred, 9034 asked; Ohio and Mississippi, 335; a 33%; Hudson River, 135 asked; Pacific Mail, 1203¢ a 121. The following wete the bids for city bank stocks to-day:—New York, 128; Manhattan, 140; Phenix, 101 ex; Commerce, 1193f; Ocean, 107; American Ex- change, 11374; Market, 111; Shoe and Leather, 122; Corn Exchange, 130; Continental, 96: St. Nicholas, 108; Marine, 150; Importers’ and Traders’, 125; Park, 147; Central National, 105; Fourth National, 101. From the compilation of gold quotations, prepared by Mr. J. O. Mersereau, the Register of the Gold Ex- change, it appears that the total dealings in gold during the year 1868 were $19,754,000,000, The high- est amount cleared on a single day was $177,000,000 and the lowest $20,000,000, The average for the Year was $54,338,762 daily. 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 a8 follows:— Custom House. Recetpts, Tan. 4..$297,866 Sud-Treasury,-———— Receipts. Payments, Balances. $1,907,752 $2,634,610 $81,570,558 Jan. 5.. 226,121 1,230,912 1,822,351 78,601,922 Jan. 6.. 283,037 — 21,66,020 2,505,288 80,838,874 Jan. 7.. 414,000 20,627,942 20,277,024 80,889, 702 SALES AT THE NEW YORK STOCK EXCHAN3E. Thursday, Jan. 7—10:15 A.M. ‘2% sha Ninth Nat Bank. 108 200 Canton Ci 51 1000 0 8 6" (0000 US 6's, 1000 108%, : 108'5 100 Hind River 1083¢ 160 Bost, Hart Erie RR 273g he 100 do, bet call 27 Hie e Fi 8 BE: rh ciudsgeaesagaangosssessssees = a Re Ee SSREER ESSE: RG 200 Al & To i 2000 P. Ft W & Chi lst. 100° 200 Chic & Alton RR.. 10 sh Bk of Commerce al YY Ohio & Miss RR... 0. Pi a M7 KOH a Sts 2 5 Cen Nat Ban) + 105% do . e* 0. 03° 1 Chic AGE RP | gf 125 Fourth Nat Bank... Wt 100Co,04" ux we? 2 ORR. 44g = Clock P. M. 49 aus Canton Oo... 5000 20000 3000 U: 29500 0 191000 tor? ap 1500 108% 200 24000 10842 500 85000 US 10939 100 5000 100 bo00 Us‘ 0 500 i> °a 36000 US 108% 310 ‘cou Tost ite 125000 108K 8 Tin Toe 108K 100 F, FL 10000 106% 900 Cley 1500 1063, 0 do, 60m 1 100 Mil & SI 897%, ist Si Bm torn # 4 a 1000 i} 100 7 “yo? as 18000 %° 30) on ter & 10000 “ ax 100 Ht St Jos 3 F---} g ins Central Basi He 4000 ig duo Leke RR..,.. 98 | | TuvRsDar, Jan. 1-6 P.M. Corton. - Receipta, 6,863 bales, The market opened quiet and heary, but closed steady at yesterday's quotations with a moderate demand. The sales were 2,910 bales, includin 1 t 1-877 on speculation, PA spinning, 146 foe expert, and in bales low middling for February and March at Uplands and Mobileand NN. 0. and Memphis. Teras, Ba, is" 4 Middl tall prices, while otbets were ath Nee’ crete, 1,26 Baga, 8x Edith Mary, Bod S106 dane eae hale a y FOUN axm GnAtn.—Recelpin, KATH Dhia. oar, TER do, and 2,941 bage corn meni, 119,392 4 corn, Bata “ae osin, 10 ao. 00 doe ate Piece tee Tharket opened Armer for the low grec \oeed steady lea, but oc}: at Yenterday's prices. In other grades there wan but litle doing and but Ilitle change, the demand betny light at our quotations. California was doll The balea were, ab re more sendy. Inoderate demand at- steady prices, the tales pave | was dulland heavy. Sales 350 bbis, 0. |, Bran was leas active for ‘owii ive for e! ht room; but choice wheat was ef ig? 4 is soe woes, dit fast Divito oe 500 85, ie bbe; Got Huasing and Bustaell property (@h’ ward), ote ree foo) | TRANSFERS IN WiEOTCIIRATER COUNTY -GREENBURG, bois, ‘Warren ot, © Sib feet © of Albany post road, 200 AVAL STORRS. —Recelpts, 000 bbls, spirits turpentine, 120 Onat do. erude do,, 8,600 do. rosin and 800 do, tar. "For the former | Linden ar, es, 100 feet from Churchill's os , th continued | 94 ay and lat at. n e corner, 100x125. were lower, | 9d av and 21 st, n w corner, 100x! Boia at | Eastin, ib fet Zar, Zon. 1,000 187th'st, so 181 ft ¢ of Alexander ay, 100xi00. 5,000 YONKERS. Chestnut st, ss, 700 ft e of Guion st, 800x538. North Broaliway, 4,9 ft north bn Spring’, @, lot TRANSFERS IN ESSEX OOUNEY, N. J.NEWARK. Berlin st, n s, 260 fte of Hanbury place, 60x100. Clinton and Mulberry ats, n @ cor, McWhorter and Oliver sts, n ¢ cor, 35x 6th ay, s 9, 251 ft w of Roseville ay, 181x343. 5 ‘Morris Caual, # s, narrow strip of F G Agnes’ prop, 9x76 600 SOUTH ORANGE. and bbis, ‘In t al sb adj 8 © Adams, 5 86-100 neres 20,000 February to April (00 each month), at 02. “Lard wasn | Mivawsrnas av uviuow OOUNTE. m3 mr Ree progr ve 1 aiahet pry Meyers price | Brunswick and South 4th Fas € cor, 10095. 6,500 and closing a OO OT Te ate ee cereobd ae. | Waytedt, ou, 104.6 @ of Varick sl, 169x100 paps mand at the sales 1,700 bbls. at #1 and 600 3 do. on private terms, but und the same price. Other | Chestnut at, «8, 100ft from Luke st, 26x71. aw Newark at, #8, lots Nos block 5, clty all ob Bl = Newark ¥ at Lot No 15, map W B Ogden's, § ste g decidedly higher. The sales were Le oe at $29 60 for | ots Nos 1d aud 15, block No's, map C and Washington av, m6, near Pallando av, 252197.....-..-0+0 Hobart ay, ws, between Cottage and Bilver sta, 25x100.. 2,300 Anderson at and Bergon road, west corner, 801x100x126x CHAMBER ‘OF COMMERCE. Resumption of Specic Payment—The Ocean Telegraph—Purchase of the Battery for Gov- ernment Purposes. in sales of 500 pack: art at 16c. for packenes, park et ite. for shoulders. We quote:—Pickled Woe. ; A regular meeting of the Chamber of Commerce dry salted do.. 12c. 3 smoked di hems, 6c. sible: ‘aamek do., Be. 190. ‘intair | Was held yesterday afternoon, Mr. Opdyke pre- uest_ and commanded wwore light. Sales 600 pac ages at are for No. 1 to "PROPOSED PURCHASE OF THE BATTERY. prime steam and Kettle rendered; also 750 tlerces forthe bal- | 716 paysrpewr, as chairman of the special com- i <4 fang fei rm fo vcp see mittee to report on the subject of purchasing the Bat- polag ight, but prices were ‘The sales were 500 bbis., | tery for the purpose of erecting government ware- _ o houses, said that the committee did not consider: it steady. lk, at 183ic., an 8,000 do the balance of this month, improv alba: Nolosiig, fa advisable for the Chamber to take any action on the subject at present. mand and the market was stronger. closing firm at 82'<c. for standard white, The sales were 500 bbls., for the balance of this month. at 820. ; 1,500 do., on the apot, at 2Bi¢c. ; 1,000 do. THE OCEAN TELEGRAPH. Siifen 100 do, for February ahd 600 e. fre er a General WALBEIDGE presented a memorial asking Congress to grant the application of the New York, Newfoundland and London Telegraph Company to Jay @ cabie on the shores of the United States. Mr. Low seconded the motion of Mr. Walbridge to adopt this motion, which was unanimously adopted. RESUMPTION OF SPECIE PAYMENTS. Mr. A. A. Low then offered the following preamble aud resolution: Whereas the al 3 bbls. were sold on private terms, In Philadelphia the mar. ket continued to rule dull, but prices were without change of moment. Salea were made of 1,500 bbls. standard white, buyer's option, up to the 30th June, at B5c., and 500 do., from Mareh to July, at Ste. Rror.—Carolina was dull at 830. a 93gc. for common to choice. We heard of no sales, SrEps.—Linseed was dull, but steady, at $220 » 82221, gold, duiy pald. We heard of no further sales. Grass were dull ‘and une SuGAR.- The market firm in their views, demanding full prices, viz :—Fair to cood Tefining, ILA(c. a 11%40. ; fair to good grocery, 11¥cc. prime fo chotce do., 18%jc. a 125yc.; centrifugal chhds. boxes), 10\gc. a 1#0,; molasses (hhds. and Ike, melado, Ze, refining grades, 1 tution of the United States gives to Congress the pot coin money and regulate the value thereof," and in pursuance of thia right the governtoent has established mints and continues to coin money according to and in conformity with the standards of other great commer- cfal nations, necessitating by law iis use in the payment of di- thes on imports, while itis indispensable to our traffic with foreign countries; and whereas Congress, impelied by stern necessity, has assumed the right, under general or 1ni- piled powers, to issue Treasury notes, making them a legal ender for debts and pecuniary obligations of one form and another, and the value of this paper money is not reulated by any fixed relation to the gold standard; and for want of 8@b regulation the business of the country is conducted with aiMeulty and with much risk and uncertainty, because of the constantly varying relation of currency of ‘legal tender to gold; therefore’ Resolved, That this Chamber recommend to the Senate and House of Representatives in Congress assembled to ndopt the ition of the Hon, James A. Garfield, of Ohio, in a bili submitted by him tothe Honse of Representatives, on the 10th day of February, 186%, the object of which was substantiaily as follows, viz. :- To authorize the Secretary of the Treasury to redecm (and cancel) greeabacks,” oF the ordinn Venter notes aw in cirenlation, at « axed price for gofd from month to month, the market value, as nearly asjit can be determined, being as: sumed, in the first instance, nnd ata difference of one per cent a month for every ensuing month till the valne of the two are equalized i. ca it the rato of redeuption be tn the propor- tion of 135 cents in paper for 100 cents in gol the Int uf feb rusry, ¢ rate i March will bg a {4 ts to 100, and in April as 133 fs to.100, und go ong # d eb further, That tb3- Ghamber recommend to Con- gress that, In order 49 »%et any deficit in the public revenues caused by auch 2 Temption of legal tender notes, the Secre- tary of 16 Fsazury be authorized to issue bonds of the Lnlted aie for a longer or shorter arm of years, as cany YO" emed expedient, to the full extent of such redemption, and as rapidly as it goes on; and Resolved, Turther, ‘That in order to secure a prompt and advantageous sale of the bonds to be isened in place. of the Treasury notes to be so redeemed and can- bolled, and to supply any need of a circulating medium for raw was dull, but holders were x08) 95 e. a11Xe.: grocery do., 11? ¢ salen were 266 hhits. Gabe dimost all at i13xe- for prime refining, Refined was {n moderate demand, “and steady at ib¢ hard, 1440. a 14%c. for soft white, 13%e. u ide. for yellow and 14\4c. for extra G do. Stock raw to-day, 80,948 hhds., Hil boxes, 47,600 bacs and 1e4 melndo, : TRATINE was dall, but higher and sparinely offered. We quote 183c. a 19c, for lots in hogshe: TALLOW was in mocerate request al There were sales of 75,000 Ibs. at 11}<e. white grease at 17c. WHISKEY.—Receipts, 665 bbls, There were small sales at former prices—viz., S4c. a #1 for Western, duty paid. REAL ESTATE MATTERS. Prospects for 1869—Sales Yesterday. The business of 1869 in the real estate market moves quietly enough at present, but gives promise of remarkable activity before many weeks. Several very large and important sales are either announced or on the tapis to be held shortly, and brokers are felicitating themselves upon the prospect of an ex- ceedingly busy, and, by consequence, profitable spring. All the indications at present are of g still further appreciation of city and suburbs; ropesty during the present year in the ee paca ive of its oes sevice es continental pre-emi- peor ai cs ben hata a that may arise in consequence of the with . eamercial ceutre of the New r u iC ac this develop, -#® aiacent disreits, subsidiary £0 | Todt maybe made fecleae ty fhe Compr activity. _, went and increased wealth and business ney as the basin for the issue of an adalt te _frojects having In view the eeniiig Ge < ae al bank soten| end! that the Banking @ city proper with its several outlying dis- | modiiled as to adinij yf : wins no longer ‘aiscussed in the abstract as pro- |, hava ical i un is law for the collection of duties on Positions proplematical, in. regard to feasibiltty y virtue of which the Secretary of the Treasury ture, but are beginn' 4 f e ‘ 5 1s%e. for cent of the import dnties in, legal fendec; provided the Tare: and bid far, before the close of the present year, to | going provisions for redeeming and cancelling sand Hules "ay (¥ X ‘0 lve, te too slowly, because of the atea: a Te ea rere proc co WAY | npbrelatig h uiue of ald aos coglmplaed by the pl ie be is ‘of redemption above urged. : ; tage of real esiate investinent, and much cay . J 5 rel which last year was embarked in the uncertain ron. eet | gen het cer but red tures of the Stock Exchange, is likely this tobe | an . “-auentiy for Congress to take action. ‘The directed to safer channels of speculation in city and | waited }. n country lots, ‘There are numerous other agencies | frst thing to toll SSekeae tooeie tae at wor! rg zing # lively busipesa in the realestate | into a permanent . “wed to correct the great evil market this year, many of which have already been | propitious time had am. “"« that according to the referred to here, the same having contributed their share in the pasi to induce activity, while others are but the logical sequences of former results. The sales at the Exchange Salesroom yesterday were light, but there was an excellent attendance and considerable interest manifested. Below we give particulars. Auction Sales of Keal Estate Yesterday. NEW YORK PROPERTY—DY A. J. BLEFCKER, SON AND CO. brown stone house and lot, on the # x of 79th ftw of 2d ay, lot 17.i0x102. of the day. The speaker san.“ constitution, the only power 4. matter was to coin money re, Soom lation thereof, but the war conterr. “7 & necessity that could not be prevented. Paper . UCNey 8 departure from the authorized standard, . “4 When Congress issues it it should at least regule © tts value, but this it has never done, Paper mo.“QY has no fixed value; it has differed as widely as 25.* in paper for 109 in gold, and_ now is held at 165. He sald that we can now pass from the paper currency to that of specie without the danger or diMcalty that is generally imagined, Di the war our people were accustomed to hear our English friends say that * the South could never be subjugated, but the result has proved that their prophecies were chimerical; and it wiil be demonstrated that our financial croakers also prophesy in vain in regard to the expediency of an eariy return to specie payments. To return to specie payments with safety, the legal tenders should be retired day by day, and thus, with & gradual Cite all dangers can be averted, The pau, soereee remains to be an- swered is, How rapidly shall the contraction take place? In event and individuals must take care of maelves. The malady is known, he said, and it remains for us to apply the cure. Our circulation must have coin as a basis, A financial plan comprehend! both paper and coin cannot work harmoniously te goed or last Senator Morton, he |, had reported that ‘sagress had in this ~ulate the circu- A G Mandel. BY TRAVER AND ESLER. Building and lot No 206 East 224 st, lot 23.0x77.6, A we aenegese me there 1s $30,000,600 of ‘gold in the Treasu r . s, ot ‘09 | he te is anerror. The exportation oF mold, as Bist at, 8,200 | Well as locking it up, is impoverishing the country, 824 at, 9 | and will ere long bring financial ruln if a cure ts not mite eg speedily appli He did not believe that there is Pa Sey | More than $25,000,000 of gol form ail the 6th ot, na, ‘uo | functions Of trade, and the only wonder ts that it can 44th at a, ‘509 | be kept at 125 whemit is considered that we are con- 46th st, a8, 9,500 | stantiy sending it out of the country. th at, 08, 8,000 8S. B. CHITTENDEN, in seconding the motion to refer fae Nom ji] ay to a committee, made a speech favor of a return to §j te ments Rhee means of contraction. ee 4 amendment that 000 Nom General WaLBKIDGE moved as an 5 00 Both atin the resolution be considered by the Chamber as a gins os Committee of the Whole, of amnich the resident shall be chairman. je amendment was ado; . Aad etter Hed sc @ of ba eh 17 toed Set4 ddci0ad Mr. OrbyEE. said that the resolutions must be 109th Bt, n'e cor 10th ‘ 3 materially modified before they could meet with his T1sth at, #8, 94 ft of approval. He did not belteve im jumping over Nia- ee #8, 100 tte of gara when there 1 8 safer P by crossing at Hert & bridge. What commerce needs, he said in conclu- sion, 18 ® stability to the currency, with persistent and gradual eforis towards a retarn to specie pay- ments. The Chamber then adjourned. THE WEEKLY HERALD. The Cheapest and Best Newspaper in the & e = = si, Country. 2s ae 3 The WEEKLY HeRaLp of the present week, now Gibonee ees 0, | ready, contains the very latest European news by ee m0 = the Cable up to the hour of publication; also Tele. | Suecon 25 | graphic Despatehes from Cuba, Mexico, the New ee $4 | Dominion and other points. It will aiso contain the ie 44 #78 | Speech of George Francis Train upon the occasion ig Cad 10 | of his reception by the Fenian Brotherhood in this ve A i) ba | F 4 city; Particulars of the cause that led to the Assassi- mona *~ | nation of the Into M. Rives Pollard; Interesting In- ye A 1,990 | terview with General Grant—He Speaks his Mind; Devtaw et Sooo | Particulars of the Execution of Gus Holmes (mu- Dusen & © $i | lato) for the Murder of Matthew King (negro), and Bina ‘ 40 | of Thomas Jones in London, Canada, for the Mar- eee Sooo | det of his Niece; a Dark Deed in the Woods; His- tory of @ ‘Terrible Tragedy; Starvation and Death in a Populous City; Romantic Story about Carl Schara; the Current News of the ‘Week; the Fashions; Amusements; Varieties; Foreign InteYigence; Obituary Notices; Industrial Items; Fa- cetin; Scientific, Sporting, Religious and Lite- rary Intelligence; Washington News; Editorial articles on tho prominent topics of the day; Our Ag- ricultural Budget; Reviews of the Cattle, Horse, Dry Goods and Boot and Shoe Markets; Financial and Commercial Intelligence, and accounts of all the tm- portant and interesting events of the week. Tanws:—Single subscription, $2; Three coptes, $5; Five copies, 98; Ten coptes, $16; single copies, of advertisomgenta’ iH Bete i Paired par Ge aie a2 i a esas 8885 5 aH rte 3328 4, a a ore, . ice 443: efits cach, A limited namber aa io ‘ issondo’ — eorted (n the Wancuy Heeace sitana8aees Sah ?r> = 2: game = FS s DaLy—! 5 Janusry mas Se. Dp Mayian, Si, of the Gnarek oft : Oomptrolier Connolly yesterday forwarded to the | Avaustin Daty to Marr daughter of John A. Board of Supervisors the county budget for 1869, which is a8 follows:— Tabernacle, by Rev. ". Crry oy New York, DEPARTMENT OF FINANCE, DD. General Grongy 8. Dopas, Vaited, sates % Courrnotuu’s Ovvice, Jan. & 1862 } | consi LEMEN OF THE BOARD OF SUPERVISORS OF THE Tho tftn section of, the act, chapter 854, laws of ai i section awe “that hereafter all pol lates for the annual expenditures of all boards and te of the coun mt of New GILRS—Jongs.—OD , January 7, at St. York shall be made by the chief officer of every such Bartholomew's eh bv Rev. board and department, in connection with tue | Cooke, D. D., Howarp MaLcoLM GiLEs to Eainy G., Mayor and Comptroller of said city, and submitted | daughter of Elbert Floyd Jones. to the Board of” ‘Su isors of said county at the KENDALI—Dape.—In Grace church, on Tuesday, first meeting in January ofeach year.” * * * | January 5, by Rev. Francis Marion McAllister, In accordance with such provision clerks of | ant , Epwanp H. KEND: of New York, to Miss LovisE 2 oe anughter of the late Robert T. Esq., fobile. RANDALI—=MUIR.—On Thursday evening, Decem- ber 24, at the residence of the bride’s mother, by the Rev. A. G. Lawson, W. H. RANDALL, of Yonkers, N. 4 U0 ANNIB MUIR, of Brooklyn, N.Y. No cards. WarpLow—Scorr.—On Thursday, January 7, by the Rev. Uriah Scott, Mr. JOHN Francis WAKkDLOW to Miss ADELAIDE Scorr, both of this city. WHEELER—HOLDREGE.—Ow Tuesday. January 6, by ey el sng bag M. Warn . FANNIE, daughter Captain Henry Holdrege, all of this city. WeEE—MonkE.—On Tuesday, December 15, by the Rev. H. D, Ganse, EDwanp Db. Ween to Aca [ORE. Younas—Howew..—On Wednesday, January 6, by the Rev. Dr. Armitage, D, D., WiLttam Youxas to Savi A. HOwgLL, all of this city. the several county courts aud other officers of the county government have forwarded to me state ments of the amounts which will be required by the offices and ents under their ci dur! the present year; and the same having been act upon by the Mayor and Comptroller, I have the honor to submit herewith the amount of appropria- Uons required in each case, as approved by them. ‘The estimates of the Board of Metropolitan Police, Metropolitan Board of Health and College of the City of New York, payable from the County Treasury, together with amount uired for payment of the quota of the county of New York of the State tax, and the amonnts to be raised for the several public institutions and asylums, im pursuance of law, are also herewith submitted, CLASSIFICATION OF EXPENDITURES. The expenditures of the county goverament are classed under the following general heads:— First—The lative Department, Second—The Executive Departments, Died. Third—The Judiciary. i BRITIIN.—At Madison, N. J., on Wednesday even- Fourth—State Taxes, ing, sagnaary, $, Colonel WiLitaM Brrrrin, tn the 9ist year of his age. ‘The relatives and friends of the family are seepeet- fully invited to attend the a Fifth—Misce!laneous, I. The Legislative Department, ‘The appropriations juired w be made for this funeral, from the LA Sopenneot are esti as follows. terian church in Madison, on Saturday afte at A i eases « . half-past twelve o’clock. Train leaves foot of and fOCHRAN.—On a A gince one o'clock, after a short illness, MARY ANN, wife of Printing Wm. Cochran, residence 21 Rutgers place. Printin, Notice of the funeral in to-morrow’s papers. Judic’ Davies.—In Jersey City, on Wednesday, January Re 6, SARAH M.. wife of Richard H. Davies and daugh- les—Legis ter of Frederick and Mary Ann Porrett, aged 23 Stationery, law and blank books years, 1 month and 16 days. ‘The reiatives and friends of the family are respect- in the county jali ERRORS OF BENE ey ae fully invited to attend the fmneral, from Grace Se Aah OOOO Total. .........-.-.+0+ a Gite Sout” Bevenia ster eos Seo Jor- II. The Executive ag. s. sey City, on Sunday afternoon. K. The following are the departments or offices in- DicKsON.—On Tuesday evening, January 6, CarHa- cluded in this division, viz:— RINE A., wife of Captain John F. Dickson. ‘The relatives and friends of the family are respect- fully invited to attend the funeral, from her late residence. Ninety-second street. near Second ave- nue, this (Friday) morning, at half-past eight o'clock. Her remains will be taken to the church of St. Vin- cent de Paul, Twenty-third street, near Sixth ave- nue, where a solemn requiem mass will be odfered for the repose of her soul. ELper.—On Thursday evening, January 7, at sever o'clock, AppIr M. H. ELpER, child of R. G. and A. L. $2,000 | Eider, aged 5 years and 6 months. FALLON.—On Thursday, January 7, ELEANOR, sonnet daughter of F. and E. Fallon, aged 7 years an daya. ‘The funeral‘will take piace from the residence of her parents, Sixth street, corner Fifth avenue, South 156,000 | Brooklyn, this (Friday) afternoon, at two o'clock. 1, The Keeper of Harlem Bridge. 2. The Depart- ment of Finance. 3. The Board of Commissioners of Maccomb's Dam iat od 4. The Metropolitan Board of Health. 6, The Metropolitan Police Com- missioners. 6, The Commissioners of Taxes and Assessments. 7. The Department for the Survey and Inspection of Buildings, ‘The appropriations estimated for said departments are as'follows:— Care and maintenance of Harlem (Third ave- nue) bridge. see .. Contingencies—Comptro! om Contingencies—inspection of buildings. Election expenses. Interest on loans. Interest on assessment fund stock Interest on Court House stock... Interest on rlot damages indemnity bonds.. 42,880 | Gartawarrs.—On Wednesday evening, January 6, Interest pe Hot cenaee sedieenptioes bonds. 60,000 | ANDREW J., eldest son of David and Mary Ann Interest on soldiers’ bounty fand bonds..... 240,000 | Garthwaite, aged 31 years, Interest on soldiers’ substitute bounty fand ‘The relatives and friends of the family are him: cor redemption bond sesssecseceeresesess 120,000 | fully inyited to attend the funeral, from ip resi {Interest on soldiers’ substitute and relief re- dence of his parents, 37 Hester street, this (Friday afternoon, at half-past two o'clock. ey see ‘Tuesday, January 6, Mary, wife of William Graydon. The friends of the family are invited to attend the faneral, from her late residence, 31 West Twenty-filth street, on Saturday, at twelve o’c! GREEN.—On Wednesday, January 6, JOHN GREEN, demption bonds.. Interest on soldiers’ bounty fand redemption 95,536 y y in the 57th year of his age. came ay His relatives and friends, also those of his brother Metropolitan Board of Health fund 110,186 | Thomas, are respectfully invited to attend the fune- ral, from his late residence, 77 Hester strect, this (Friday) afternoon, at one o'clock. ' Ma Oe haar Crass segs a lingering ness, WILLIAM HEMMA, aged ‘The relatives and friends of the family, also the members of Concord Lodge, No. 50, F. and A. M,,falso the funeral, (| lay) a from the Forty-third street Methodist Episcopal church, near Eighth avenue, er a lingering illness, Mrs. Er wite of Deacon Wai. W. Hilliker, aged 65 years. ond 3 months. “Sho sweetly sleeps in Jesus.” ‘The friends of the family are invited to attend the funeral on Saturday morning, at eleven o'clock, in e Filty-third street Baptist church, near Sev- enth avenue, HiLiMax.—In this elty, on Thursday, January 7, of ralysis, GEORGE L. HiLLMAN, son of the late Henry fitman, in the 66th year of his age. The relatives and triends of the deceased are re- Spectfully invited to attend the funeral, on Saturday afternoon, at a ae a his late residence, No, 226 West Sixteenth street, 3 en borne Jannary 6, THomas aus, in the 6uth year of his age. woe Telatives and friends of the famiiy are invited to attend tie funeral, from his tate residence, corner Seventy-elghth street and Second avenue, Yorkville. ‘The remains will be interred m St. Raymond’s Ceme- estchester, . ‘JAsEs.—On Thursday, January 7, at her reside . Morrisania, N. ADELINE, Wife of Adri 8 00% aged 68 years. -aa Janes, Funeral services at her late r~ a moraing, at half-past e'~ _«atdenée, on Saturday be In waiting at *” -ron o'clock, Carriages will enart <- «utt Maven depot, on arrival of the one vor-past teh A. M. train (Harlem ratiroa?) from ov | TWenty-sixth street and Fourth avenue, returning at half-past one P. M. Relatives and friends are m- vited without further notice, Hartford daily papers please copy. -aas9N On Wednesday, January 6 Prawn PoRpy, fut gon of Evan M. and Amy Grant Joun- mn. Friends and relauices ate invited to attend the funeral services, at the ‘ejlence of his 'pareut 246 Jay street, Kiyn, this ‘FFiday) afiernoon, at two o'clock. See LENEWAN.—On Wednesday, January 6, {OHN FRAN- cls, the beloved son of John and Eliey Leni*! aged 1 year, 3 months and 6 days. a7 ‘The friends of the family are invited to attend the New York county bonds, issued for repay- ment taxes—annual instalment. Police fund see Police—Coutingent RENIB.... +0006 eeereees +e Salaries—Executive departments. Stationery and blank books, for Commis- stoners of Taxes and Assessment: Supplies for the police... . Seees Total.. ‘ Il. The Judiciary. Under this head are included the following courts and county officers, viz.:— Courts—1, The Supreme Court. 2. The Court of Oyer and Terminer. %. The Court of General Ses- sions. 4. The Superior Court. 5. The Court of Oot mon Pleas. 6. The Su ate’s Court. 7. The Marine Court. 8. The Court of Special Sessions. County Ofvers—1. The Sheriff, 2. The County Clerk. 3. The District Attorucy. 4, The Coroners. 5. The Recorder. 6. The City Judge, 7%. The Legal Adviser of the Board of Supervisors. 8. The Register. % The Commissioner of Jurors. 10. Traustator to the Coyrts of Kecord, 11. The Registrar of Criminal Courts. 12, Chief Clerk of Board of Police Justices, The appropriations which are required to be made, for this branch of the government are mditated ‘py the following tities, viz:— oe JOFONETS’ LCOS... +-0+0e ees e+ seers Tisburseiments and fees of c witnesses. ..... Repairing and press Clerk’s Office, <<, Salaries—Judi¢iary Roe 4, Susi: 4¥, State Tres, Under this head is inclwed the ay | a Fe. quired for the payment of the quota of the county of New York of the State taxes for 1868-0>° 77"? County ‘Treasurer—To pay St; ¥, Miscelianeons, pe I E * feces thls head £5 incinded ine louowing appro. Ke vu for diota lege of the Cit, w York. Children’s Aid Sovlety ° Deaf and Dumb Asylum. Insittution for the Blind. New York Juvenile Asylum New York State Lunatic Asylum. bbe t ng Bond — ° . plety for the Protection of Dest iticplic Children... Samegouzs Mag ‘ewmale lent ‘Asyiuto funeral, from the residence of his parents, 245 West ee 009 | Houston street, this (Friday) afternoon, at half-past * Total. Seescesesereses esses as $886,688 | ORC O'CLOCK. me Sabato sere Witctan Leany tn tne Sath yea of Mis ‘e be Thé agaregate amount of appropriations required PELE DOMES + The friends of the family are respectfally invited See aie sence toto to attend the funeral, from 64 Montague street, this (Priday) afternoon, at one o'clock, without further notice. Mryer.—On Wednesday, January 6, Jonny E. C. Meyer, aged 27 years. Hits friends, and members of Troop B Third ~< ment cavalry, are invited to attend from his residence, 69 Laurens street, his ( Friday) afternoon. at one o’clock MINTONYE.—Suddeniy, on Thursday, January 7, Jonn Mivtonye, in the Sist year of his ‘The friends of the family and those of his brothers, William L., Henry and Mintonye, are go fally invited to attend the funeral, from 71 Tillary aoe Brooklyn, on Satarday afternoon, at two o'clock. Mvrray.—On.Weanesday, January 6, suddenty, of 80,009 | {isease of the kidneys, MARTIN MURRAY, @ native of i by parish of Lusmagt, Kings county, Ireland, age@ FWA. ....coressenssvacsassenroenes soos «$10,806,713 iatives and friend: 1 The purposes for Witch the foregoing estimates a ~ jw ane Seoreaes tevnes are mate may be classified as follows, a» Secs ene [ied oes) afternoon, at one Total....+. R ‘The recetpte of the general fund for the year 1869, as detailed on page —, are estimated ESTIMATE OF THE AMOUNT TO BI TION FOR COUNTY PURPOSES IN 1869, INCLUDING THE AMCUNT OF THE QUOTA OF THIS COUNTY YOR STATE TAXES. + Amount as stated above............ essen «$10,886, 713 Less the estimated revenues of the Gen- eral Fund......... _ pot eon McINtiER.—PATRICK MOINTIRE. 9 native of Car- cee og hy = Be ‘452,000 | he trends and relatives are invited to attend the Metropolitan Rony i Sug ery funeraly-from his late residence, 610 East Poarecate som ag, | Street. on Saturday afternoon, at one o’c! Metropolitan Police 727,365 | thence to Calvary Cemetery. Election expenses. ‘The amount requirea by the laws of the raised in this county for the following institutions, is as follows:— Asylum for Idiots. Chiidren’s Aid Society. Deaf and Dumb Asylum Institution for the blind New York Juvenile asyiam. Natsery and Child's Hospital Society for the Protection of Destitute ho- man Catholic Children. .............. . Magdalen Female Benevolent Asylum. . New York State Lunatic Asylum... 2,768 Salaries—Legisiative Department . Executive departments Judictary < General expenses of Total...........++ The following stater tax levied in 1868% and the required for 1860:— SHERtDAN.—On Wednesday, Janvary 6, CATHARINE L._ SHERIDAN, aged 51 years and 25 days. The relatives ane friends of the family, also the friends of her brothers, Bernard, Edward and Joln, 4Aake | age respectfully invited to attend the funeral, thie (Friday) afternoon, at half-past one o'clock, from the residence of her father, No, 34 Pitt street. Sarru.—FRancts Sor native of the county Cavan, Ireland, in the Year of bis age. ‘The friends of the family, also tose of his brothers, are respectfully invited to attend the funeral, 110,000 | his Inte residence, No, 328 Bast Thirty-first street, this (Friday) afternoon, at one o'clock precisely. . Sovrnarv.—On Wednesday evening, Jannary 6, "| HALLerr, infant son of Chatles HH. aud Almira J. Southard, aged Tmonths and Srrrrie.—On Tuesday, qed ‘22_years, 7 montis and 12 da) he friends and wcgnaintances are respectfully invited to attend the faneral, from his late residence, Mount Vernon. Westchester county, this (Friday) af- ternoon, at half-past two o’ciock. Tarvor.—On Thursday, January 7, Fervor W. infunt son of William H. and Kate Tappoe, i Year and 6 months, Amount of Estimate Tur levied of Taxation in 1908, in 1860. ‘The friends and relatives ars Invited to attend the For city purpoaea, chiding eT | an ra ease ean ators Doarte drut somranienions.,. © 10,873,048” 9,007,289 Trithelts, 18 Sumvik street, oe tatereay aftermase, a8 ‘THURSTON.—On Wednesday, Jannary 6, after a short tliness, Freppre €., oly child of 8. Clinton and Sarah , Tharston, aged | year, | month and 10 For county purposes, including boards and commissions.... 7,082,786 6,177,115 Pa. PE ent sis “apiangg 8280 $20,703,000 | Gaya, “rock orcnecas suteamnenee, Funeral this (Friday) afternoon, at two ofclock, from waren ts, 201 South Tht insolvencies, &c ++ 627,604 600,000 oe ‘of lis parents, P ra street, ‘Total ae nn | | TRERTLIAN.—On Tuesday, January Colonet P $24-147,800 $31,803,090 | srvanr Ite TeecrtsaN. in the son year of his ‘OLLY, Comptroti Tine Tancral will take place from his late residence, Xo, 184 Bloomfield street, Hoboken, this (Friday) af at two o'clock. MARRIAGES AND DEATHS. reve benex.—-Suddenly, on Tuesday, January 6, ‘Married. FRANCES PARKER, Wife of Edwin P. Van Buren danghter of the late Gaius and Sarah PF. Parker. Bavokxer—Stewon.—in Brooklyn, N. Y., at the ‘The relatives and are invited to attend the residence of the bride’s father, on Wednesday, | funeral, from the Park ‘byterian church, Bighty- danuary 6, by the Rev. Mr. Funk, Wiiniam H. | fifth street, between and Fourth avenues, Bruckner, Ph, D,, of Philadelphia, to Buiza HeNni- | (Thursday) morning, at eleven o’elock. Berra, daughter of Geo. H. Siemon, Bavarian Cousul. WHITTELStY,—At Wallingford, Coun., om Thurs- Monroe ( ) Papers please copy. day, Ji 2, LYDIA G., wife of Jared P. Whittet- CATCHPOLE—SIMMONS.—In_ J City, on Thurs- oy fe of this city. day, January 7, by the Rev, Wm. Matson, at the resi- | | WaiTNey.—At Tucl Westchester county, N. dence of Sy brother, ALrngp Carcouro.s, of | Y., on January 7, Pause Wurrxey, in Geneva, N. Y., to Am, daughter of the lave Joun | the doth year 0 fits aye. mors snd tha oper pcae copy. | reece eich ‘shat a es te - olok. On fe iy ty Fo remains wil be ea anon ee eet inter- ree, . ‘ Ment, on Saturday morn’ qaarter past ARL Roy. W. Platts, | eight o’ciock train, Harlem Heltrond. ‘The friends ‘voth Of Brooklva. E. 0. are tyited without fetber notice.

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