The New York Herald Newspaper, February 2, 1869, Page 8

FINANCIAL AND COMMERCIAL, —nne Monpay, Feb. 1-6 P, M. ‘The stock market was in a decidedly erratic dondi- tion to-day, and the fluctuations were frequent and prices very irregular, By many these were thought to be the upheavals before the financial earthquake, which, the “shorts” say, 18 going to be the end of the present inflation. But time goes by and the prophesied “break” comes not, thereby setting at wmaught all the experience of the wisest operators who have made Wall street a study for a lifetime. There was a good deal of wavering to-day, and the deciine of four per cent in New York Central created ‘no little apprehension; but the instant the stock touched that figure there was a perfect rush for it, and within five minutes the price had recovered a Jarge fraction of the fail, It is very cer- tain that the fluctuations which prevailed today have induced a great many to go “short,” The presence of this element im transactions is a healthy one. The difference upon the market would be readily felt in casé of a panic. Adecline where there are no “shorts” is like a fall from a balloon—there is nothing to check the de- scent. A panic in a market well supplied with “shorts” 1s like @ fall down a stairway where the steps tend to catch and arrest the descent, The movements of the cliques are again perceptible, It has been already intimated that their plan contem- Plated Jobby influences upon the Western Legislatures to affect the prices of stocks, We have already seen ‘the first results of this policy in the Dlinols Legisla- ture, where @ bill has been passed to reduce- Tallway fares. Uthers are pending to pro-rate freight charges and to preyent control of the roads by non-residents, The Northwestern stocks declined in view of these measures, but were immediately bought up by the old cliques which used to control them, ahd are now held by these cliques despite the damaging effects threatened by the enactment of these measures into laws. The cliques are “long”? of the stock, and they are well aware that the bills referred to were introduced for atockjobbing purposes and will be allowed to drop when the proper time arrives, while the one which hhas reached final passage will never receive the Governor's signature. Mcantime, in furcherance of the same general plan, they have visited the Ohio Legisiature and caused the introduction of a bill which in substance provides that no person shall be eligible for president, vice president or director of any railroad in that State uniess he shall have been a resident of the State for one year next pre- ceding his candidacy for office, and unless he is the vona fide holder of at least 100 shares of stock, If he removes from the State his term of office shall then cease. The bill further provides ‘that at any election the owner of stock, in order to Vote, shall be obliged to produce a certificate of his stock as. evidence of ownership and of his right to vote thereon. It is further providd® that all meet- ings of stockholders, directors and executive com- mittees shall be held at the principal office of the company, which shall be within that State; that al} dividends shall be declared and made payable in cash only; that all convertible bonds of the different railroad companies in the State may be converted tnto the capital stock, but in no other way shall the same be increased for any purpose what- ever; that the treasurer or financial agent of ahy company shall give ample security for the faitnful performance of his duties, and shall also keep his office at the principal office of the company in that State; and that all moneys belonging to such companies shail be kept on de- posit in the State. Of course the object of this bill isvery visible. Toledo, Fort Wayne, Ohio and Mis- sissippi, Wabash and other railroads crossing or touching the State of Ohio were aimed at. Timid holders to-day were frightened into selljng and prices declined. Doubtless a good deal of uneasiness was occasioned by the less flattering prospects of the great Erie projects and by the delay in removing the {injunction in the Jencks-Vanderbilt scrip dividend ease. The Erie was not called at the boards to-day, ‘the oMicers maintaining a dignitied opposition to the brokers on the subject of registering the stock, It is asserted that the clique are unwilling to expose the amounts of over issues which were necessary in order to raise money to consummate the recent mumerous contracts and leases which they entered into with various Western lines. Registration would expose a state of aifairs, perhaps, of a most starting character. Many brokers oppose the expulsion of Erie from the call list, and as there is no penalty attached to transactions in the Long Room or on the atreet they dealt in the stock to-day. Under resolu- tion Adams, Wells-Fargo and United States Ex- press were also passed over. The express stocks ‘were generally firm im the ebb and flow of prices, Adams touched 69% under large purchases, said to be made by the officers for the purpose of paying the ofiicers of the Merchants’ Union, who have surren- dered their principal routes. The delay ih register- ‘mg haa inspired the belief with many that the Adams stock has gone or is undergoing “‘watering’’ fa order to carry out this arrangement. New York Central in its decline went to 158%. ‘The transactions in gold were below the average, Dut as the premium steadily declined under a Pressure to seil the inference is reasonable that most of the sales were on speculative account. The high price prevailing up to Friday of last week has in- duced the “shorts” to take hold of the market, and they hammered it to-day quite successfally. The opening price was 136), from which it had fallen to 1354 at four o’clock, with an upward reaction later in the afternoon, The range im price was as fol- Jows:— 20 A. M. +. 16% 2 P.M. + 135% 10:05 A 106% 3 P.M. 135% 106% 3:45 P. M % 136 3:60 P. M a 135% 3:55 P. M. 135% 4 P.M... “ 13575 clearings jounted to $34,987,000, the gold balances to 1,177,344, and the gur- reucy balances to $1,619,201. Loans were made at from 5 to? per cent for carrying. The decline is at- triputable to the absence of a necessity for specie shipments for some time to come. It was also ru- me that the Treasury was about to sell coin. The Senate Finance Committee at their session this morn- ing resolved to report @ bill prohibiting the Secre- tary of the Treasury from making further secret sales of gold. Foreign exchange was firmer with the decline in gold. Quotations closed:—Sverling, sixty days, com- mercial, 1033{ a 100%; bankers, 109) @ 100%; short sight, 11034 a 110%; Paris, sixty days, 6.18% @ 6.15; short sight, 5.12% a 6.114%; Antwerp, 5,19% a 6.15; Switzerland, 6.18% o@ 6.15; Hamburg, 86% @ 30); Amsterdam, 40% a 41; Frankfort, 40% a 413; Bre- men, 75% & 7934; Prussian thalera, 71% @ 7234. The government bond market was steady at the opening, but prices yielded at the afternoon boards with the deciine in gold. ‘The closing quotations this evening were as follows:—United States axes, 2861, registered, 111% @ 111%; d0., coupon, 112 a 112% 5 do., 5-20's, registered, 109)¢ @ 100%; do., coupon, 1862, 112% & 113; do., 1804, 100% @ 100%; do., 1865, 110% @ 1104; do., new, 1865, 108% @ 108%; do., 1867, 10335 @ 108% ; do, 1868, do., 10-40's, registered, 102)¢ pon, 10844 @ 108%; currency bonds, 101347 1085. Money was in good demand, particularly in the afternoon, at seven per cent on call, Commercial paper was unchanged in rates, vut offering in better supply. Southern securities were twactive but firm. Prices closed for the list a8 follows:—Tennessee sixes, ex coupon, 675{ @ 68; Tennessee sixes, new, 67%, a 6774; Virginia sixes, ex coupon, 58 @ 55),; Virginia sixes, Low, 62 4 63; Virginia sixes, registered, 50)¢ a 60%; Georgia sixes, 83 & 85; Georgia sevens, 02% a 93; North Carolina sixes, €x Coupon, 63 & 63%; North Carolina sixes, new, 61}g @ 62; Louisiana sixes, 724 74; Louisiana levee sixes, 69 a 604; Louisiata levee eignts, 8634 a 86; Alabama eights, 028 92); Alabama fives, 66 @ 67; South Carolina sixes, 72 a 78; South Caroling aixes, new, 70.@ 71; Ony of Memphis, 52), a 63; Mobile and Ohio sterling, 61 & 62; Mobile aud ‘Ohio interests, 60 a 62. ihere was a decided improvement in the inquiry for city vank swocks, The following bkls were made et the regular boat New York, 194; Manhattan, 140; Merchants’, 122; Mechanics’, 126; America, 145; Phenix, 10 Mechanics and Traders’, 125; National, 110; Seventh Ward, 112; State of New York, 314; Mechanics’ Banking Assoviation, 1 Ocean, 106; American Exchange, 115; Bank,of North Amer- tea. 109; Hanover, 108; Irving, 108; Metropolitan, 408; People’s, 34); Laat River, 102; Market, 117, Shoe Erato, may, in the manner herein provi time to time increase or seven) the number of its directory and other oficers; and may, in like manner, from time to ume, alter and prescribe the time, election, and their term or terms of office, authority and duties respectively. A majority of the share- holders of any such company by an instrument in writing. signed by them respectively, from time to time, mm person or by proxy, may empower the bourd of directors to make the alterations and by- laws herein authorized, and, whenever an instru- ment of that nature sisall be fled company, signed as aforesaid, said board may make such alterations and bylaws when, in their judg- ment, the interests of the ake require the same. But any corporation avail provisions of this act is hereby required to have a majorit, im which such company Is located. iy U8 6s, "Bl, cou... | YODY Hi robust A and Leather, 128; Corn Exchange, 126; Continental, 9834; St. Nicholas, 106; Commonwealth, 101; Im- Porters and Traders’, 127; Park, 153; Manufac- turers and Merchants’, 1013; Central National, 1063¢; Ninth National, 1083; Oriental, 147. Prices at the beginning of business in the stock market opened steady for the general as SO At for a few of the present favorites. From these ‘Was a decline, and the fluctuations became irregu- lar, so that it became impossible to describe the list in general terms, The greatest depression was in the interval between the morning and afternoon boards. The closing of the last regular board were as follows:—Canton, 60 a 61; Cumberland, 383, @ 39; Western Union, 38 @ 38%; Quick- silver, 233, @ 23%; Mariposa preferred, 28% @ 25; Pacific Mail, 118\% @ 118%; New York Central, 161 a 16144; Erie, 8934 a 384; do. preferred, 62 a 65; HudsonRiver, 13444 & 135; Harlem, 133 a 135; Reading, 9634 a 96's; Michigan Central, 118 a 119%; Michigan Southern, 944 a 9434; Illinois Central, 138 a 140; Pittsburg, 92 a 93; Northwestern, 833, a 83%; do. pre- ferred, 91 a 9134; Toledo, 10434 @ 104%; Rock Island, 130g @ 131; St. Paul, 66% a 6634; do. pre- Terred, 81}, a 82; Wabash, 653, @ 6574; do. preferred, 76 a 78; Fort Wayne, 12034 a 120%; Ohio and Missis- sippl, 38 @ 38}4. ‘The closing quotations of the last open board were as follows:—Cumberiand, 383g a 3934; Quicksilver, 22 bid; Mariposa, 744 a_ @ 25;. Pacife Mail, 1183¢ Telegraph, 38 a 3844; New York Central, 16135 a 161943 bid; Reading, 964, @ 9%63¢; Chicago and Alton, 162 bid; Bankers and Brokers’, 105 8 106; Alton and ‘Terre Haute, 40 a 42; do. do. preferred, 67}, bid; Wabash, 6534 a 65%{; do. preferred, 75 a 784; Mil- waukee and St. Paul, 66 a 6634; do. preferred, 81}, a 81%; Fort Wayne, 1204121; Ohio and Mississippi, 37% @ 38; Michigan Southern, 0434 a 9434; burg, 923; a 92%; Toledo, 104% a 104%; Rock Island, 130: ferred, 91 a 913,. do. preferred, 23% ji9; Western Union Hudson River, 134% @ 135; Harlem, 153 Pitts- 7% @ 131; Northwestern, 833g; do. pre- The subsequent street transactions were tame, ‘and the market ‘eft off? at half-past five o’clock with the following prices:. 216044; Brie, 8844 @ 3833; Michigan Southern, 9444 a 944; Rock Island, 13035 a 131; Reading, 96; North- western, 835g @ 831g; Pittsburg, 9134; St. Paul, 653¢ a 66; Ohio and Missis- sippl, 37% bid; Wabash, 6534; Pacific Mail, 118% a 119; Western Union, 38 bid. New York Central, 1603 do. preferred, 9075 a 91; ‘The United States Supreme Court has delivered an opinion in the case of the North Central Railway, Pennsylvania, vs. Jackson, deciding that railroad bonds! held by foreigners abroad are, taxable, and that companies can withhold the amount of the tax, The bill introduced into the Ulinois Legislature aiming to transfer the management ot the roads of that State more strictly under local control pro- vides:— ty That railway company organized under the any laws of this State, or any consolidated railway com- other |, from hh (to not less than iy organized under the laws of this or place and manuer of their in the office of such ing itself of the of its directors residents of the States The earnings of the principa! railways for the past year, as compared with 1888, are given in the accom- anying table:— te 1867. 1868, Chicago and Alton $3,892,861 $4,544,133 Northwestern. 11,712,248 13,429,534 Rock Island.. 3 4,487,791 Hilinois Central. 7,823,463 Marietta and Cincinnati 1,294,095 Michigan Central. 4,570,014 Michi#an Sonthern. 4,984,458 St. Paul.... 6,517,562 2,964,039 8,007,708 1,923,862 i 14,381,303 5,523,611 2,756,232 According to the Augusta Chronicle the present cotton crop of Georgia will yield from $30,000,000 to $40,000,000 in gold. Mr. Forney, who 1s making a Southern tour, writes from Raleigh:—‘‘The estimated value of the cotton crop for the last year, including the recent advance in price, is over $250,000,000—a fact which certainly dispels the idea of prolonged poverty and refutes the cruel accusation that the freedmen wiil not work. raised nearly $15,000,000 worth of cottan, and all her products for the same period foot up $40,000,000. At this rgte the South will soon be richer in a few years than she has ever been.” North Carolina alone has SALES AT THE NEW YORK STOCK EXCHANGE. Monday, Feb. 1—10:15 A. M. 200 she Mariposa pref... 24! 8 Pac M 88 Co. 1s Clev & Pitts RR. 47 ©, C, Cin & Ind ‘it 100 Chic &N'W RR. 10 do. Quarter-past Twelve oClock P. M. 1 4 tea es ~ . 7000 US 8's, 6 101 Gove US 5-90, lost 1g 40000 a bi 10mg 1% 50000 a8 108g + 108% 1000 US 6-00, 6, 08.2 e WUs%y Half-past Two o’Clock P. 1 aha Mich Bou RR. 100 do. i Seeetere Pee ss ae iy i MONDAY, Feb. 1-4 P. M. Corron.—Receipte 1,963 bairs. The from all classes of buyers was moderate, but the market wasfirm at Saturday's quotations. No Liverpool advices were received to-day, in consequence of which buyers and sellers were in- disposed to realize to any extent. The sales were 3,495 bales, jnelading 1,883 on speculation, 1,049 for export, 615 for spia- ning and 696 were in transit. For future delivery there were no sales. We annex the closing qiotations :— nominal. The sales were only about was dull at from #6 for onpertin to though but very few brands bro sales were 275 bois. Rye flour wi sales being 200 bbls. tore 6 oe eholee family, Saal! nolt tucbanged, the 1, ‘orn sneal low of sale, but, unal- in Value, Sales 300 Vola’ Brandywine at ob We for lots on the spot, raat. 8 z it ait Q! do. corn, 67.191 do. malt ‘BEI r ut 3c. HAY was moderate! Shipping, 80c. 0 We.; retail tots, 8110 a $115; longrye straw, $1 10 a $1 20 and short do., 9c. a G1. ‘Hove. The demand was still light, and prices were in favor of the yg We ,augie:—Prime and | choice grades, 1 to good, and oe after at former prices, viz. :— chor 6c. a 2c. ; fair a lic, inferior to common, 6c. & HemP.—All kinds were dull and nominal at former quota- tions. ‘MOLAseES.—The market was active, but prices were steady at former quotatious. We heard of no sales, NAVAL Srones.—Receipts, 1,200 bbts, spirits turpentine, 11,800 do. rosin, 490 do, tar and 720 do, erude turpentine, For the former the market was depressed by the liberal arrivals, and prices were a trifle lower, closing heavy at S7c. 58e. for merchantable and shipping lots. | We heard of no ales, “The rosin market was extremely quiet, and prices nd without being quotably lower; sales 105 bbls. strained at i. We Serer cigeinn, $2 6) a #2 65; No. 2, #2 90a No. e320 a 84 25; pale, B40 a5 BU extra do, 6a ‘ar Was uachanged. Orrg.—Linaced was qulet but higher, being quoted at 81 ( $1 05, in casie and Dbl. 5 6,000 ‘gallons were sold for the Balance of this mouth at $1 OR -Crtde Whale was rm, wits sales of 800 bbls. inferior at PROVISIONS.—Receipts, 57 bbls, beef, 854 packages cut meats, 396 do. lard and. 1,74 dressed hogs.’ ‘The pork market was excited, and with @ small stock in store and higher Prices at ile Weat there was an advance of 81 a #1 bbl, on new mess. e sales com) about 2,700 bol 831 0 $82 for new mess, #30 We rime mess and $81 for thin do. were (0 bbls. new mess for March delivery at #32, Total stock mess Lg correspondi date last ec logs wore selling at Ide, a 1430. for Weatern and 1 Tie. “Boot wa quite freely sbuche, after at steady” pri was souche r the'sales being Ail pb. ne Qi a Bil for plain mese Sod B12 5 Of tierce beet, which’ was steady in of 100 tierces within the range of 8298 Sil a for India do. Total stock — 86,811. B ‘The sales were in demand and firm, dry salted aud pickled shoulders, 1c. a 15440. Ife, a 1840, for plokled hame und 0c, for amoked do. ‘Bacod was quiet and we heard of no sales of m $ wover, ai § .+ * sz ds HE g ae seller's option. ‘PETROLEUM.—Receipts, 765 bbls. crude and 365 do. refined. ‘The market for the former continued to rule dull and heavy at Me, a 223gc., and we heard of no sales of moment. For re- fined the market was also dull and heavy at 87c. a 37: though the offerings were light at these figures, No Siete ranieaee Gerace Te te Rea at in ia the market was r oifbe aalea were 500 bbla._ Standard wi for this month at 863¢c., 1,000 do. for March at 36}4c. and 2,000 do, from March to June (600 each month) at 36{¢c., the mar- at about Bbc. a S840. arolina continued fn demand and firm, the sales being 142 casks at 9540. a 1Uc. ‘SUGAR—The market for raw exhibited a good of activity, the demand being chiefly from refiners, and prices were loose at lige. a 11d¢c. tor fair to good refining Cuba and 12,0. for No. {2 box. “The sales comprised 1,650 hhds., ‘art at L14ge. a 113(c. for Cuba, and $5 boxes on private terms. ined was moderately sought after and steady in value. We quote:—bard, 18). soft white, 1c. a 10.3 yellow, c. , ERDS,—Linseed was in fair request at former prices, the ing meth te 7 1,500 do., to arrivo, per ‘Avon, at 82.80, do., aud to Jo "Boston 2,000 bags, at Wi a do, All kinds of grase were dull and unchanged. TALLOW.—The demand was moderately active and: prices were steady. There were sales of 50,000 ibs. at 1c. a 1 WHIsKEY.—Recolpty, 1,187 bbls. ‘The business was uniin- rtant and prices were shade easier. A small lot of resvern was disposed of at 9c., tax paid. REAL ESTATE MATTERS. ‘The real estate market opened quietly for the week yesterday, there being but one auction sale of prop- erty. Important announcements, however, em- bracing the présentation of large plots of unimproved real estate, as well as valuable improved property, both in the city and suburbs, give promise of con- Unued activity. We give below particulars of yes- terday’s sale: Auction Sale of Real Estate Yesterday. N¥W YORK PROPERTY—BY JAMES M. MILLER. House and iot on the ne cor of Lexington av and Sith jt 20.6x95, Jacob Coben. se eeeeeee } Real Estate Notes. ‘The assessed value of real estate and personal property in the First Congressional district; New Jersey, is as follows:—Camden, $16,500,000; Cape May, $3,209,003; Atlantic county, $4,813,393; Glou- cester, $2,296,800; Cumberland, $18,450,000; Salem, $17,356,375. The commencement of active operations on the, Shawneetown and Edgwood road, in Dlinois, has caused business to revive in old “Shawnee” most’ astonishingly. Real estate is In very active demand. The Shawnectown Mercury, of a recent date, con- tas a full column of notes of recent transfers of lands and town lots. The consideration of the transfer of the property on “Putnam avenue, 300 fect east of Howard ave- nue, 75x100, south side,” recorded in Kings county on Friday last, was $1,500, and not $15,000, as re- ried . ‘The national banks of the United States own, tn conjunction with “farniture and fixtures,’’ 23,288,001 worth of real estate, ‘The Girard estate brings to the city of Philadelphia an annual income of $800,000, and 1 is believed that within ten years it will amount to $1,000,000 ber annum. Mrs. Gaines proposes to give a lot in New Orleans to the State of Louisiana for the purpose of buiid- log apon tt a State be ,e Cuba. a8 areal estate investment, is said to be Worth $25,000,000, Of the 44,920 butldings in Chicago 28,164 are frame structures. There is aaid to be a peculiar risk in purchastn real estate in Califorma, The law gives a divorced Wile & lien on it In some cases, and When it happens to be free of that encumbrance to one if an earth- quake doesn’t turn up with a first mortgage on it. ‘The Buflalo Lrprese says some little excitement exists along the line of the Erie Railway. A few of the conductors have been ordered to New York, with'a request to explain as to their possession of vaiuable horses, fat corner lota, &c. Some have been made and some conductors have resigned. A wealthy Massachusetts capitalist is im corres- pondence with Majo? EF. C. Kandolpn, Chief of the Piedmont (Virginta) Land Agency. He proposes to purchase real estate in Virginia sufficient to locate a colony of New England immigrauts—from 1,000 to 1,200 acrea. The land must de cultivated, with com- fortable buildings, and water power sufficient to run the mills which the settlers will build if they do not find them already erected. They will pay 000 for their purchase, and propose to take iim possession anc begin-work. Mr. ©. D. Jones, of New York, has purchased a house and lot on the corner of Ninth avenue and nd street, Mount Vernon, irom Mr. William H. r8, for $5,000. Also a lot of ground on Fourth avenue, in the same village, from Mr. John Berry, vith a view of erect- tng upon it a large building wo be occupied for manu- facturing purposes. OMicial Transfers of Real Estate Yesterday. TRANSPRRS IN NEW YORK OFTY. Not Sha.6, re 8 of rooms wt $8300 corner 45th wt, 24. inti Wa of Rll Dt w of Sullivan Tasab eb ba 69.6x77.71 Bleecker at, Vroom Greenwich at, Hower st,0 Wie of Vorwtines Hx60 ea # of Fors Grenard it 69, 38 & of Hester si, Sor 4 Now 5 LEST LC aan it ty gia Now Hi, 878 04 96 Bogard Plot No #1 Dyckinan University plac Witett at, w a, Whiett at, No ‘Sth ot, Tomek jath at, =e Zhe ry >. = Beet FR RRES So eeetD sae Eesss=e ze BSssss 222: PREPS £2222 322222 BBR: NEW YORK HERALD, TUESDAY, FEBRUARY 2, 1869.—TRIPLE SHEET. RPP aa PP, i] SPPPEEPIBEDEEESSES FEPREPPEFERPRES a0 Tanne ie Ihiat at ie ‘21,600 ist Ist Fy Eid 3d ie "165,009 on ae Sth 6,000 bi Bowery, ber] Grand st, No 198. 1309 Grand et, No 292: i Feari ei No ian 3 m08, 3300 N 48 mos, Won etNo tyre per sree eee Som th st, No 48, E (store, &c), 4 yrs, per yr. 4,000 "360 + 7,000 + 1000 : "80 25,400 000 1960 and Central cor, 50x100) 1,650 nselyea st and Central ay,” 8 w cor, 25x83 i Union st and Rochester av, 6 corner, 75x62.6x61.11x81.3 1,000 Union st, # % 78 ft.» of Rochester ay, 76.10x61,6x87.6.... 1.000, Willoughby and Prince sta, s w corner, 21x60. 6,500 Woodhull wt, #s, 89 ft w of Henry st, 20.0210. 3000 Woodhull st, 8 », 235 ftw of Hic 55) Tith st, n a, 125.9 ft w of 4th av, 6,000 Gm ot, ws, 100 fw of Gab ‘900 eEEeESEEEe: 8 £2888 South bth at, No 236, store, dc, 54 youre, per yer m 0 206, 8 er year. TRANSFERS TH WEOTOURSTEN COUNTY, -CORTLANDT. Gentrest, 8 adjoining Lanas Conkling’ SOr14..---1 509 ibe | Main tt, 8 #, adjoining E Marshall's, 80x10. EAST CHESTER, ‘3d ay, va, lot 527, Mount Vernon, 100x105..... GREENBORG. Hidaon to Saw Mill river Foad, n'&, W Buckley’s prop, Irv pert adi a ena a ot ar pol : ore 1 eth ster s, 138 Tee of Willis ay, 201100... WEST F. fms SE See = = 'Y, N. J.- sbxiio, OUF By ‘86 cor, ma New sty th et $8 ft from South Park p ‘Thom street, jorey property, Yroontle aly, 27100 fa of Franicitn st, 3138.- West at, ¢ 4,169 ft from Mercer st, 13x18). BELLEVILLE. ), BOxt01, ns ‘Winkie's estate, adjoining SH Rutan’s, sy ot Railroi BLOOMFIELD, Walnut st, » 6, adjgintug 8 Birdsal's, 2:200, : ORANGE. Main and Essod sta, n w corner, 154x250... Reock at, ns, adjoining M Milier’s, 80x132. EAST ORANGE, rark st, ns, 815 fte of Washington at, 100x255. Morris isiauex Railroad, 8 s, adjoining TG 664-100 acres. ....--.. spi Mitchell stn 5, 6 ft w of the bridge, Gal69. na, w of the bri bene. Canoe Brovk road, D'S Conklin’s property, 1 acre... © TRANSFERS IN HUDSON COUNTY, N. J.JERSEY Prior and South 8th sta, n w corne: “i HUDSON OF Beacon ay, ns, lots 7 and 4; Grand and 28 to 81, block 3 Tonnelle estate. Borrain ay ote ‘map % and 2, block ", 253 WEST HOBOKEN. Avon! 13th at, nj, 112.9 ft w of av B, 60x184....... 0 UNION. Pennsylvinia av, n 6, lote 58, J Pope's map, 75x iW... a saetimpe athena? Prospect i, 6 iote 819, $20, ‘Macken & Cats map, 60x STREET OPENING ABUSES. To THe EpiroR OF THE HERALD:— The recent opening of Seventy-second street from Broadway to the Hudson river—a little.less than two biecks—cost the lot owners for expenses a little over $/,000, At the same rate of expense it would cost te open the remaining unopened strects from Fifty-rinth street to Harlem river over $1,000,000, Who gts this money? Not the lot owners—they pay it, Not the city—it gets nothing, It is the clerks, the serveyors, the printers, the posters, the apprais- ers, fe commissioner, and the ring men who are behind them that get the money. And then, after the uoney is paid, are the streets really opened? Not at al. Nota sod is turned, not a stone removed, not a viibie change effected. These enormous expenses ‘areincurred for what is called the “iegal opening” of ‘he strect—the whole practical cost is yet to dore, and of that the expense is not yet hinted at. Th “legal opening” is iutended to satisfy the constl- tutional requirement that private property shail not betaken for use without “just compensation’ mado therefor; and the whole proceeding of street dpen- ing Is taken in order to ascertain and award the “gist compensation” to be made for the land, and tiereby to acquire the title to the land by the city. Now it is notorious to every lot owner that the compensation made for land so taken, when not j1n- proved by buildings or presents other special clalms compensation, 18 merely nominal, and never ex- ceeds one dollar for the land in front of each lot to the middie of the street. To get this one dollar, then, the owner is subf6ct to an expense seldom’ less than iiftyand often amounting to $100 per lot. In the Sevmty second street opening the whole award for lan, taken was less than twenty dollars, while the whde expense of ide oy arg getting it was over $5,00. Surely there must ® reform for such an abu as this. These cumbersome he can- Hot ¢ necessary for any purpose ting either the interest of the lot owners or the rights of the city, The do not locate the strect, determine the width, extnt or anything of that sort. Ail these are fixed and determined by the commissioner's map on file, anc the proceedings are instituted only for the pur- poe of determining what shall be the com ion to te made for the land, and how it shall be paid; and ioe we have said, involves an expenditure of fifty to #100, in expenses, for every dollar of compensa- tior awarded. ‘The remedy, it strikes us, is a very simple one, Leta general award of $100 per lot be made each owner for all the unimproved lands Wing within the botndaries of the present anopened lateral streets, as shown on the Park map, and Commi sine the award must be mi “by & commis~ s100 inted by the court,” as required by the comtitution, let the Park Commi be appointed for that jarpoee, and having made the award let them pubis notice to all lot owners of theaward and assessment so made, and that unless the same be ovjected to and special claim filed witain the time limited by the notice the owners will be deemed to have accepted the award, and th % be declared “legal, ed,” and the wou ts done, Nine-tenths of the’ unopened Birets on t! side district would be opened at jing lias no application to the werside avenue or similar works. Speztal cases and claims to be adjusted in the old watch substantially the vision of the bill on this fect lately introdu in the Senate, and we call upon the Legislature to give it a quick passage, and thus put an end at once to the needless deinya and expense in street openings and the unfathomed abuses and corruptions which have ever attended than, ‘TRICHIN A IN ONEIDA COUNTY,—The death of four me@nbers of a LA named Wilbrecht, in Oneida cotnty, from trichi was recently generally no- 47 the in connection with the case Dr, Thomas Fiandrau, of Rome, writes to the Utes Herald that & 'm ical examina. tion of the muscles of one the deceased revealed the presence of myriads of trichinw inan active state, The little worms looked under the microscope like living, writhing snakes. The salt pork wa which the deceased had eaten were fall of trichinm in the encrusted state, ‘This pork was raised by Mr. Wiibreeht, and fattened as usual on corn and grain, There was nothing in the conduct or appearance of the animals when fat- tening or the look of the meat to Indicate disease, The sausages were made of raw meat, and then ed until quite black and dry, avis the German tum, ane Were culen Without Cooking. Jersey City. Orry Manswau’s Monruty Rerort.—During the month of January 145 persons were committed to the City a8 bllows:. ‘13; steal- , 25; and I 10; attempt toikan Ss shoesinn Ue oes le F 9 News iN Brier.—Abont sixty young scallawags assembled on the fists near the Bergen plank road ‘at two o’clock on Sunday afternoon to witness fight between two terriers, one of which was brought over from New York by @ fellow named Ned Fleming. A The literary club of the Young men’s Catholic In- stitute held a debate at Franklin Hall last evening. A wooden box carelessly thrown out of a window in North Second street Saturday, atruck Mr. Hilipot, was passing, and inflicted a severe $ esterday. ‘The raid made by the Chief of Police on the gam- bling houses has compl demoralized the and several notorious gamblers crossed over to New York yesterday, ' Tt ldrumored that the New Jersey Railroad Com- pany have at sang consented to the detective emp! eed in the sep ot as the Central Railroad Com- we been doing for years. B Batley will administer confirmation to the children of St, Peter's parish on the first Sunday in April, rhe meeting of the Board of Education last even- ing was attended by an unusually large audience on aceount of the movement for the employment of German teachers in public schools. Hoboken, Tas KERRIGAN ConTEMPT CASE—INDICTMENTS AGaInst RECORDER PorE.—The case of Mr. Peter Kerrigan, who was released under a writ of habeas corpus while undergoing a sentence of imprison- ment for contempt, came up for argument before Judge Bedle yesterday morning. Owing toa pres- sure of business in the Oyer and Terminer Court the case was postponed till Saturday morning. In the meantime the Grand Jury have brought in an indict- ment it Recorder Pope for ‘oui swearing. Mr. Roan has appealed to the Jury for an- other indictment against the Recorder for cane him to be falsely arrested. Recorder Pope plead not guilty and gave bail to appear for trial. Hudson City. THE CourTs.—Thirty-three prisoners against whom bills of indictment had been found were arraigned yesterday. Among them Gustavus and Emil Haus- man, manslaughter, pleaded not guilty; Wilkinson E. C. Jones, atrocious assault with intent to kill, not galley; the three colored men, William Knight, Wil- m Johnson and William H. Thomas, burglary, not guilty; Peter Baker, embezzlement, not guilty; Theo- jore O. Van Arsdale, grand larceny, not guilty; James Coffey, assaulting a police officer, not guilty. Newark. MoRE ANNEXATION.—A lively movement is on foot among the people of East Orange looking to the early annexation of that place to the city of Newark. A meeting on the subject is to be held on Wednesday evening. Tus NewaRK PaRK PROPOSITION.—Pursuant to invitation of the Park Committee the Essex county members of the Legislature and other distinguished gentlemen visited the site of the projected park, regen located in the upper part of the city. ike all such visite) this one was rendered exceed- ingly enjoyable. A CHAPTER OF ACCIDENTS.—On Saturday even- ing, while’ a butcher named Christian Heath was holding a piece of meat for his wife to chop she missed her alm and nearly severed his arm, just above the wrist, with the hatchet. In crossing her floor last Sunday at her residence, 57 Wall street, Mrs. Rolman slipped and fell. On Dr, Cutler's ar- rival it was ascertained that her thigh was broken hear the hip. She is upwards of sixty years of age and the occurrence may prove more serious than now appears probable. Mr. Peter Nanninger, a well known German manufacturer, residing in Fe! mn sti was precipitated from his carriage accident- ally on the same evening and tnjured severely about the head and body. THE SUSPECTED HOMICIDE—VERDICT OF THE CoRO- NERS’s JURY.—The inquest on the body of the de- ceased pensioner, whose name now appear tobe Samuel W. Buttle, was resumed yesterday afternoon. The only witness whose testimony was at all im- portant was detective Ernest Fisher, of the police force: He stated that on visiting McGuire, the morn- ing of the deceased's discovery, he (McGuire) told three distincts stories; one to the effect that he did not push the deceased, another admitting that he did, and a third that he was not sure about the de- ceased being drunk. After a deliberation of about Leo ge refer! of an hour the jury, about half. past four o’clock, brought in a@ verdict “that the said Samuel W. Buttie came to his death caused by inhuman treatment by the hands of Michael McGuire, and that he begheld responsible.” McGuire was then again taken into custody and held Tor the action of the court. He and Russell are now confined in the city prison. Trenton. INCBNDIARISM.—On Sunday night about ten o’clock the Third ward public schoolhouse was dis- covered to be on fire. Inside the building a quantity of books and papers was found piled on the teacher's rostrum and burning with # blaze. The fire was quickly extinguished with some buckets of water before the firemen arrived. The incendiary escaped, but a reward of $400 is offered for his arrest and conviction. ScHoon Statistics.—According to the report of the State Superintendent of Public Schools, to be submitted to the Legislature, the State appropria- tion for schools for last year amounted to $1,313,358, being an increase over the previous year of $417,423. ‘The voluniary school ‘tax for 1868 was $1,140,142, being more ttian double the amount raised in any previous year to 1867. The sum raised for building and repairing schoolhouses was $805,681. The State normal and preparatory schools, situated in Tren- ton, are valued at $250,000, on which there is an en- cumbrance of $23,000. The attendance at those in- stitutions last year averaged 1,116. Mercer County Court.—Yesterday morning the criminal trials commenced before Chief Justice Beasley and three associate justices. Charles simp- son, of Princeton, pleaded guilty to grand larcency and was sentenced to ninety days in the county jail. John Stanley pleaded guilty of larcency and ‘was sentenced to thirty days in the county jatl. Thomas McCulley, a youth about nine years old was convicted of sicaling a watch worth sixty dollars,the property of the Camden and ag A Ratiroad Com- By, from the telegraph office. ntence was de- ferred. Margaret Cooke pleaded guilty to keeping a disorderly Robert McCurdey pieaded guilty of steal: coat. Rovert McCarey pleaded guilty of assaulting his son. George Pullen was convicted of an assault and battery on John Gandy, a bill sticker. Wilham Lee and Henry Burrows (colored) were convicted of breaking and entering and steal- ing a set of harness and two horse blankets valued at $160, William Long was convicted of stealing a vest. WESTCHESTER COUNTY. DRAINAGE OF NEW ROCHELLE Swamr LANDs.— The Commissioners appointed to drain certain swamp land in the town of New Rochelle at their last meeting adopted a resolution to the effect that all the swamp lands in the town ought to be drained in order to —— the object desired. They therefore ask for additional power to extend their Operations and area of assessments. THE FRRBHOLDERS’ ASSOCIATION OF WeST FARMS.—The officers of the Freeholders’ Association of West Farms have issued an address tothe tix- payers of the town, setting forth that their object is to correct abuses inseparable from the system as at resent aAminiatered in conduct! town affairs—a 5 for purely rural ee nee en inhabited AF Bigg nn bend centre in that . ers they knew that their taxes unduly inereaseay that taxes are tm- posed without their consent; that taxes are fastened w Ady 8g for the benefit of the few al tne expense of many; that under the present system it is beyond their control to these hep" nope to socompltsh. the desired fetorm. The Ne e A net of the lation will be held at Mulgrew" Hotel, Fordham, on to-morrow evening. LONG ISLAND. Quaens Counry AgRicuvrural Socrery.—The Board of Managers of the above society met at the Fair grounds, Mineola, on Saturday last, and ap- pointed the 9th day of June next as the time for holding the annual Horticultural Exhibition, and instracted thi G society. They also resolved that the anni be held om ee at and 20th of September next and ‘Tas New County Prosect.—A meeting of the citizens of the towns of Hempstead, North Hemp- stead, Oyster Bay and Huntington was hel t Mineola yesterday, to express their views in relation to the formation of anew county out of the above towns, to be called the county of Nassau. Tho mecting was organized by appointing Mr. Wil- Ham 1. MoVoun, of Oyster bay, chairman, and | jy Samuel W. Jones and George H. Shepperd, of Mun. | ungton, secretaries. The irman Uriefy stated the object of the meeting ail was followed by sie part may The regolution was unanim: John A, George 8, Downt » Xf and others speaking in favor of the resolution. Frost afterwards a if Oyster Bay ; Ger Charles RAstveet, of Huntington ; Jon = North tie oy bag oad Kellum, eg 01 movement for this new county, was started oy eens finged” tothe ‘exsrouant. rates. Of taxa ‘ ind Ovaer Bay lized) county expenses (ut $20,000 more than the eastern Smee, bere enough to cover the cost of the criminal esd that comes from Newtown alone; while others hold that the main Korg Sear the movement is the pro- oxed. removal of county seat of Queens from forth Hempstead to Jamaica, The towns within the limita of the proposed new county contain a Population of 40,653, with an assessed valuation of real and personal property of $16,850,000, exceed. eee erat ary a te Gousties m iy fort the thats’ The mprement grows daily in favor. Nine-tenths of the inhabitants of the eastern towns strongly advocate the measure. SUFFOLK CounTY ScHOOLs.—The report of the School Commissioner for the Second district, SuifolM county, shows a rapid progress in the schools, The number of children reported between the ages of five and twenty-one in 1868 was 9,158, an increase over 1805 of11, The average dally attendance for 1868 was 3,229, an increase over 1865 of 1,122, The num ber of children attending school in 1868 was 6,586, an increase over 1865 of 1,396. ‘The number of qualified teachers employed for a period of twenty: eight weeks or over was 107, an increase of 15 over 1865, In the town of Huntington the school popu. lation has increased since 1365, 243; increase of popils attending, 742; average daily attendance, 461. nthe town of Islip the Increase in school popula- tion since 1835 has been 124; increase in attend.nce, 817; average daily attendance, 253. In the town of Brookhaven the school population has increased 258; increase in dail attendance, 373. In the town of Smithtown the school popula- tion has decreased in three years 59; the number attending school has decreased 21; the average daily attendance has, however. increased 5. The ‘amount raised for schoo! purposes in 1863 was $67,684; pub- Me money recetved in 1868, $14,652; raised by tax in 1868, $40,438; expended for teachers’ wages in 1868, $37,464. The schooling per day was actually three mills Cg a in 1868 than in the year previous. The Increase of taxation Is chiefly die to building and repairing school houses. STATEN ISLAND, SaiLors’ SNUG HaRBOR.—It will bo recollected that a few days since an injunction was issued at the in- stance of the trustees of the Sailors’ Snug Harbor, against the collector of taxes for the district in whictt the institution 1s located, restraining him from col- lecting the taxes upon its eS ‘That injuncy tion was on Saturday dissolved. The collector, as soon as released from the restraint it imposed, made distress upon the cattle belonging to the institution and carried them away. i Svrcipg.—On Sunday morning, at eleven o'clock, Mr. H. M. Evans, living on Townsend avenue, on Staten Idland, was found dead in his barn, sus- nded to a beam. Mr. Evans was a well known utener and dealer in provisions, haan one or two places on Staten Island and formerly had a meat store in Whitehall street, ie was last seen at six A, M. on the day of his death, when he went out 7 his house. The family at ten o'clock, having mi: him, instituted search. POUGHKEEPSIE. Fixk.—The large farm residence of George Allerton, the New York live stock dealer, at Chestnut Ridge, Dutchess county, was destroyed by fire on Saturday evening last. The fire is supposed to have caught in the north end of the building from the explosion of @ kerosene lamp, Novhing was saved but a piano. The fire occurring near midnight the family escaped with their lives. Loss $3,000; insured. A ConDUCTOR IN TROUBLE.—Conductor Cross, of the morning way train up on the Hudson River Rail- road, was supplied with two Metropolitan policemen at Yonkers on Monday, who were directed to pro- ceed up the road with Mr. Cross to protect him from cl an antl ieee attack at Croton station. It appears: that on Friday last the conductor referred to put a man off his train at Croton for insulting ladies in one of the cars, The man vowed vengeance, and ae nearly fifty brickmakers at the depot when the train arrived to assault Cross, but the policemen overawed them. Narrow Escars OF A BRIDEGROOM.—A narrow escape from drowning occurred te a new made bridegroom on the Hudson Saturday night. The name of the person referred to is Smith, and he is, resident of West Point. He was married Saturd: morning and in the afternoon footed it across the river to Cold Spring on some trivial business, At six P.M, he set out to return and when about half Wi across fell into an air hole. By dint of rhe managed to craw! on the tce again, when he was suddenly seized, with violent cramps and was unable to move any further. It beng nearly dark he was not discovered, and consequently lay there until the next morning at six o'clock. when he was rescued with planks and boats and when picked up was in an tnsensible condition. Medical attendance was given him atthe Point and be iw now doing comparatively well. OBJECT TEACHING, At No. 607 East Fourteenth street is an industrial school of about 120 scholars, which has been estab- lished and is sustained by Mrs. John J. Astor. This school is for the most part composed of German scholars and is under the superintendence of the Children’s Aid Society, of which Mr. C. L. Brace is secretary, and the society have been forthnate in securing the services of Miss Jane Andrews, a very accomplished object teacher and a graduate of the Oswego Normal School. in this as well as other schools of a similar nature the mornings are devoted to study and the afteraoons to learning how to do different kinds of work, such as sewing, knitting, crocheting and other work. Quite a num- ber of ladies have voluntecred their services jn ad- vanging the intergsts of these schools and are doing @ great deal of good. Mrs. Astor gives her personal attention to the school in question by visiting it seve- ral times Ct, 4 each week and encouraging tig children as weli by her presence as by her precepts. The exercises yesterday were very interesting and ingenious. Letters, iit waa shown, Were taught by sound and not by name, so that the gulf is bridged over between name of a word and the sound, and by this means reading is made much more eas: of attainment. Geogravby is similarly simpittied. First @ plan of the school room is witn the objects it contains, of the ward, then a pian the city, then of the adjoining country and so on. Maps of South America were drawn on the black board with great skill and correctness, An object lesson in relation to roota, such as onions, turnips, parsnips, ac., was rehearsed, which the children showed % aptness in answering. A lesson in phonic spelling, by fying the initial con- sonants and allowing the child to suggest the word, ‘was also rehearsed, Very interesting object lessons were given in relation to the general classification of birds and of species. 18 was @ sort of an ae ae examination, in child’s language, and the children very readily placed each bird in Ite proper class. A very amusing Loy ee det was sung by two of whe children, ‘which ‘occasioned much merriment among the audience. The children passed a highly creditable ex- amination in the higher branches of phonic spelling, showing the different sounds of the vowels, and also in num! and mental arithmetic. Miss Andrews showed aptness and discretion tn the manner in which she condncted the exercises, and proved conclusively that she was the right rson in the righy place. The by the children showed a of cull jon. gentiemen in- terested In educational matters addressed the chils dren at the conclusion of the exercises, and some of their handiwork was shown. Those who witnessed the exercises yesterday wore impressed with the utility of Ped teaching, , and Cg it very desirable the system should be in- troduced into the public schools, eapect tn the primary departments. Prominent am ladies and Mrs. J. J. Astor, Mrs. Al co a. or Butler, Mra, 0. Le re y Ward, Mr Ltvii nm, and iv takes it le in exhibiting the profi the dt t Jastitutions with which he is connected, and shows a highly commendable zeal in all that he undertakes, Nroro Exscrniiry.—The question of the eligt- bility of negroes to hold oMice in this State is about to be decided by the courts, Arule has been ted by Judge Schley, of the Kastern Circuit, against one Richard W, White, the negro and acting Cierk of the Superior Court of Chatham county, at the instance, of William J. Clements (white), who ran agatnst White at the election held in April last, calling pon him to show canse, at eleven o'clock on the 2th , Why an information in the nature of a qo worrante should not be fied against bim, This brings before the courts the whol Hata Chromele, dan. eligibility, a