The New York Herald Newspaper, February 4, 1869, Page 9

Dnata es Ne TO FINANCIAL AND COMMERCIAL. Webnespay, Feb. 3—6 P. M. ld was drooping to-day, despite the strong etorts fade by holders to keep up the premium. Large anbunts were purchased yesterday and to-day tostay ‘eh market; but gold is a commodity very dificult to catrol, in these times, when it is the popular wish jeul the general expectation thatgold must godown, ‘th least rise is suificient to draw the metal into the fmrket from the hunds of those who fear that it will meer be as high again. Besides, there is a steady demand for our’ bonds and for railway Millions of dollars’ worth have gone over and since the beginning of the year. ‘The and paper drawn against them have obviated great extent the immediate necessity for specie sstpmients, against which to make foreign exchange— great draught upon gold in the United States. are indications in the orders received by for- yeh banking houses that the European demand for jAlerican securities, which proved such profitable dtestments @ few years ago, 1s likely to be revived. 77) capitalists abroad fully appreciate the immense jexancement which must take place in such railway ®@perty as is adjacent to or in the line of the great tal route which is to connect the Pacific with Atlantic and bring the merchandise of Asia and East to the counters of the New England and le States. They are already purchasing largely the stock of several Western lines, The effect of purchases, should they continue, will be to }Opense in a great measure with specie shipments fall some day in the future, when all these securt- (will be sent home, thereby suddenly enlarging itibalance of trade agaiust us to such an extent as ‘flureate serious apprehensions for the effect upon our ‘@auces. ‘This latter is, of course, a gloomy view to ftte of the subject. At least it will be so regarded Wall Street, where, in the couleur de rose aspect ‘Ghings, the reaction is but dimly seen, if, indeed, of price was as follows:— BP. Me sweeeee 30 P.M. M. + 18515 4. M.. + he quotation at five o'clock this evening was 94 a 13534. Cash cola was in plentifui supply and ‘las were made ai from six to seven per cent be- 40 Clearing House time and four to seven per cent ;@x. The gross clearings were $54,299,000; the @i balances, $2,013,547, and the currency tances, $2,655,822. In connection with the 4ptions of gold and foreign exchange a jMusal of the following table will be interesting, ‘swing as it does the total exports for the expired ‘tion of the “cotton year—that is, from‘ the 1st sOsepteinber to January 30—as compared with the “Bi periods in 1867 and 18 1869, 1868, 1867. Feipts................1,400,000 1,211,000 1,129,000 Horts to Great Pritain. 419,000 "524,000 461,000 Horts to France...... 129,000 104,000 2 Borts to other foreign Dts .... + 192,000 126,000 ‘Ml exports 900 754,000 ‘&r on hand $,0U0 , 835,000 }1s evident from the tenor of the despatches re. wed from Albany that most of the railway mea- 8 Introduced in the Legislature are for the old ol, Which it 13 unnecessary here to explain. ‘we is @ noticeab.e exception, however, in ” bill to prevent the repetition of the over- wing of stock, so extensively done in the se of the Erie Railway, which, if enact- y into a law, would be a step toward tecting the rights of stockholders so necessary to ider railway stocks popularinveatments, The bill (question provides that it shall not be lawful for railroad company incorporated under the laws his State to increase tts capital stock in any unt beyond the ainount named in ita charter, by Aconversion of convertible bonds hereafter issued, fess the consent of the stockholders of such com- Qy is first had and obtained to the issue and sale ‘such bonds in the manner provided for ob- ‘ing the assent of the stockholders to the in- vase of the capital stock of a railroad company, the ninth section of the Railroad act of 1850, ‘d all bonds go issued and purporting to be con- jtible into the capital stock of any such company all state upon their face that the provisions of this j have been complied with. There are thousands persons whose income Is derived from legacies of lway and similar securities, Indeea, many nilies are dependent upon the value of the tka and bonds which were left them by bequest m the estates of heads of households. Many an Ugent widow and many a helpless erphan will be tnkful for a law, such as the above, protecting ym in rights which have been so frequently and flagrantly violated by unscrupulous stock gam- hg railway officials. doney was in better demand, owing to the chang- f about of loans, produced by the sifting of col- erals to throw out the marketless stocks, foreign exchange was dull, with a weak tendency. ® nomial rate for prime bankers’ sterling was 1%, but @ good deal was done at 1093;. fhe stock market was quite dull, owing, tin some yasure, to the unpleasant weather. The sales at 2 boards were less in amount than they have been talongtime in one day. New York Central was imated under the effects of the reports from Al- py. It opened at 165, sold down to 163, rose to 544 and closed at 165. Pacific Mail fluctuated a eat deal and a large “corner” is said to be pre iting in connection with the question of dividends. adson River and Harlem were improved and soyant. The Northwestern stocks were steady and mm. Adams’ Express closed at 68% @ 68%; United jates Express, 60 a 6034; Wells Fargo, 31}; @ 3144. Erie, like Noah’s dove, is wandering about not ading whereon to place its foot. When driven om the Long Room it made an effort to fold its ings in the Mining Board, but on the discovery tat the lease of the latter apartment from the gular board forbids its use for the sale of railway jocks, it had to go out upon the sidewalk, which is #® present uncharitable domicile. It may be that ae present diMculties which surround the stock ave been all foreseen and were all invited, in order > break the price, so that the clique could buy up rhat little they are not possessed of, as the pre- (minary to some development with which to force he price to twice its present figure; but the gene- ally prevailing opinion 1s that the clique has run he length of its abilities; that they are {ithont money, after the numerous extravagant fdertakings out West, and that the whole “con- ern” is in @ mire deeper than Erie ever can hope to ftricate itself from. Will the genius of the chief Va of Erie prove equal to theemergency? Or will sink helpless in the sea of troubies which beset m? The officers have submitted their annual re- irtto the State Engineer, from which it appears atthe total amount of stock on October 1 was 536,900 preferred and $37,755,300 common, making aggregate share capital of $49,302,210. The nded and floating debt of the company is $28,212,535, which would bring the total cost the property up to $74,544,745, The receipts r the year were $14,376,872, while the expenses, cluding interest on the mortgage debt and nts of railroads, were $14,354,200, The surplus on ind October 1, 1868, was $191,679. As the great oreak” in Erie occurred subsequent to October 1 \e report is of no account as an index to the mount of stock overissued to consummate that reat speculative scheme, As compared with the tatement of tho previous year, the stock, floating bt and bonds have been increased $19,528,902. wf this amount $16,191,000 were in common tock, which was sold at @ discount of $4,774,220, ‘ne bonded debt was increased $968,880, and he floating debt $1,368,922, The total amount xf stock October 1, 1868, was $46,402,210, of this amount $8,536,910 18 in preferred stock, leaving of common stock $37,765,300, The bonds and floating debt together amount to $28,242,535, making @ total of $74,644,745 to repre- sent the cost of the road. The earnings for the year were $14,276,872, The operating expenses wore a fraction over eighty per cent, The cash balance on band October 1 was $191,679. Governments reflected the advance in London and felt the effect of the recent shipments, and sustained the advance even after it was known that bonds had reacted in Europe from the highest prices. ‘The market closed strong to-night with the follow- {ing quotations:—United States sixes, 1881, regiatered, 111% @ 111%; @o,, coupon, 112% @ 1194; do., five. twenties, registered, 10054 & 100%; do., coupon, 1962, 113% 11934; do., 1864, 109% @ 100%; do., 1965, 107% WTI; Go, MEW, 1965, 108% & 108%; do, 1867, 108% NEW YORK HERALD, THURSDAY, FEBRUARY 4, 1869.—TRIPS.E SHEET. 9 108% ; do., 1868, 109 @ 10934; do., ten-forties, registered, 102% @ 10234; do., coupon, 1083, a 108%; currency bonds, 101%; a 101%, Southern securities were quiet and steady for the general list. Virginias, new, were better. Louisiana levee sixes were “ofl” about 34 per cent, Memphis City sixes were in better demand at ¥ @1 per cent higher, The market closed with the following prices:—Tennessee, ex coupon, 6734 a 679%; Tennes- see, new, 6734 @ 6734; Virginia, ex coupon, 5734 a 68; Virginia, new, 625¢ @ 68; Virginia, registered stock, 5034 8 50%; Georgia sixes, 82 a $6; Georgia sixes,small, 92/4 a 93; North Carolina, ex coupon, 62}; a 62%; North Carolina, new, 61 613g; Missouri sixes, 861;; Louisiana sixes, 714; Louisiana sixes, levee, 6744 & 68; Louisiana eights, levee, 85 a 863¢; Alabama eights, 92 @ 9234; Alabama fives, 65 a 67; South Carolina sixes, 7234 @ 74; South Carolina, new, 70a 72; South Carolina, regular stock, 62 a 65; City of Mempbis sixes, 5234 a 5334; City of Atlanta eights, 80 a 85; City of Savannah sevens, 89 a 91; City of New Orleans, consols, 78 @ 80; City of New Orleans, railroad issue, 14. 76; Mobile and Ohio sterling, 62 2 65; Mobile and Ohio eights, 50a 53; Mississippi Central Railroad, first mortgage, 68 a'70; Mississippi Central Railroad, second mortgage, 50 a 52; Memphis and Charleston, first mortgage, 87 a Memphis and Charleston, second mortgage, 75 a 80; Memphis and Charleston, stock, 49 a 51; Greenville and Columbia Rallroad, guarantecd, 55 a 57. Prices of stocks at the last open board closed as follows:—Merchants’ Union Express, 18% a 20; Quick- silver, 23 a 24; Canton, 60 a 6034; Mariposa, 7 a 9; do. preferred, 26 a 26{; Pacific Mail, 117% @ 118; West- ern Union Telegraph, 38% a 30; New York Central, 16534 @ 16514; Hudson River, 136 a 136%; Harlem, 134 139; Reading, 96% a 96%; Chicago and Alton, 15¢ a 164; do, preferred, 152 a 164; Alton and Terre Haute, 67 a 6934; Wabash, 6534 a 66; Milwaukee and St. Paul, 664 a 67; do. preferred, 8134 a 82; Fort Wayne, 121 912134; Ohio and Mississippi, 3834 @ 885; Michigan Central, 115 bid; Michigan Southern, 94% a 9434; Illinois Central, 139 bid; Pittsburg, 9334 a 94; Toledo, 10534 a 105%; Rock Island, 130a 130%; Northwest- ern, 83% & 84; do. preferred, 92 a 9234; Lake Shore, 1013¢ a 103, There was very little done on the street after the adjournment of* the Long Rcom, the inclement weather tending to “burst”? the market. Prices at @ quarter past five o’clock this evening were as fol- lows:—New York Central, 165 a 1653¢ (sold at 165, seller three); Erle, 36 bid; Michigan Southern, 94a 9414; Rock Island, 13024 bid; Reading, 963g @ 96%; Northwestern, 83% a 84; do. preferred, 92 a 9244; To- ledo, 105 a 10534; St. Paul, 66 bid; do, preferred, 81 bid; Ohio and Mississipp!, 381g bid; Pacific Mail, 117g a 117K, * SALES AT THE NEW YORK STOSK EXCHANSE Wednesday, Feb. 3—10:15 A.M. 215000 US A's, 81, cou.. 11235 800 shs Mariposa pref... 26 40000 US 5-20, 6, °62,..b8 1135 100 Mariposa Min Co... 8 do. 4g 100 vse tage 2d ¢ 126 id a ESE: 8 92: % & 136; 61 i i 4, ‘a a Se Bu lo. id 98S, 3000 Hud 10 rH 2000 di x do. et) 50,0 Mich ch ‘Cer 1984 2010 Mich Cen 4's, 0 ba 118 200 Chic AN WRE..... 84 10°0 Alton ‘er Hist. 9 100 do.... « Ba}, 1000 ChiaNWec bie. M56 53 Cho ANW pref... $1 C&R WW dows. ! & Ng 900, 0, Cink 915, $00 Cleve & Tol 85 853 6 J 84 % % 84 55 Half-past Two o’Clock P. M. : 810000 Va 6's, ex c..bee 3000 Virginia 6's, new.. 500 Tenn 6's, ne 10000 La, 6, Ib.. ee WEpxEsDay, Feb. 8-6. P. M. CoTToN.—Recetpts, 1,103 bales, Consequent upon the favorable cable advices from Liverpool the market continued active and a further advance of ic. @ 3¢c. in prices was es tablished. Speculators and exporters were again the chief operators, The sales were large, being 10,409 bales (includ- ing 842to arrive), of which 4,694 were fér speculation, 2,628 for export, 922 for spinning and 9215 were in transit, For future delivery the business was moderate. Sales 250 bales low mfddling, for March and April, at 29\4¢., and 100do, d for February’and March, at sale the market closing quiet bus strong ab the follow stg quotations andaand — Aobiteand Neve Orleans Florida, “Memphis, “and Texan, 28 $s 6 wy BOG i mi . Sa 31 Co¥ree.—The market for Rio was firm st yesterday iotations, with a continued fair denand. There were a 4,000 bags, per inverugie, and 2,018 do., ex Jupiter, on pri- prebenc nna Other kinds were dull and nominal at former notations. “PLoum AND Gnarn.—Receipts, 3611 bole. four, 190 do, na 2407 ongp corn mais 42:0 butts corr S40 do, ont 995 do. malt, ‘The four market remadned anil and aimost no demand oe oldire supply of tra Bi oman 4 ex o theit views, Western were = but, in the absence of dimand, were nominally unchanged. California new four was dull and nominal. The sales were about 6,00 bbis. Southern flour was dull and nominally uachanged. The sala were confined to 275. bis, Hout was in fair demand and stent, the Sales, 300 bois. We quote :~ Mn 9575 ba be SB 18 PF THe 75 bie 6% 7On 8h TWe 13H Thue 1000 THe 800 " tf a 1000 a Toa i300 Bouthern choice and f On te Bouthern superiine and ex: 6008 I Call{prota flour (sacks Sa lobe Rye dow be 740 Corn mi 450 ae Corn meal, 6%— 610 Cornmeal ‘Jersey. . —Waeat was in limited demand, at prices cmatderably be- low the views of seii and ness was Heat StS heSnray nets bie eae 8 for No. 1g in choice load of do. n store. Shiv- del 1,09 fot very cho! per a 65 a #1 573g for common to cholceNo, 2 in atore, ot holders saked more. Corn was dul and at the clone lower. ‘The sales were about We. for new mixed, closing at %. « 1°03 for old do, in Wo. aw estern and Southern, and were quiet but firm, with sales of Ie. § white ‘or yellow Sputhern,, buthela at Being’ Seon Vielivemd, Of barley and Eatiey malt we heard of no but y but atendy. engayemente Wwere-To'Liverpool, 630 Wales 6 sotton wt de A nt uahela wheat at. fs a steamer alee @ ton a A latter rte, wi an navances, ig00 ‘bushels. wheat at igde 70cde. ‘orn a fide To London, cases bbis. flour at x. 6d, To Qe. We heard of no charters. GUN NIRS, Bag were quoted at 16)gc, and cloth 2lc., with- ‘out sales of mm rte nt Hora,—The foartet eos wachanges, petng, Out ‘and heavy. ote t--Prime and choice grades, I6e. @ Mo. ; fair to good bE ray pe ba We. Hay—was Slow of aalo Bong rye aucee, Tinwr--Ail kind jeu at but we beard of no sales, Other kinds were dul end .un- changed, PROVIsIONS,—Receipts, 11 bbis. beef, 100 Jara, 287 do. cut mests and greased hogs, 1 0 markes for pork was only ‘active, but contiaued thelr views, ‘There were sales of about 64 bbis. at 852 50 for new 48175 for old do. and $29 60 for Western ime ‘or future delivery the Pe 3 air f a gia’ s io far exited 2 817 for meas an a 0. tates of 160 bbls, within the range ot these prices, "Beat e steady ; sales were mude of 125 bbls. at $30 a BSL. f £81 a Ual for prime mess and at £27 heard of no sales Some wa wih hae wi ent, ‘or cub though quiet, was firm at Moe, for dry salted and picki shouiiers, IB, 1Sxe for smoked do. Ihc. @ IBc. for okled hams and Wo. for smoked do.; dale 7B packusea at Bacon was held with firmness, but the bual- Hess was light; the sales were 50 boxes long’ clear at 17: We quote:—-Cumberland cut, l6e.; short rib, 17¢., and short clear, 17:40. For lard the market was moderately active and rm at a sales packages: iia atte for Ho. Ltsneme steam. and ketle’ rendered; fing & 000 tlerces, for February and April delivery, ab Zc, PrikoLeum.—Kecelpts 1,675 bbls, crude, £45 do. naphtha, |The laiter was alow of prices were lower, closing prices, but We heard of no sales, Tce, Carolina waa sendy at $340 w 10, but we heard of ales of triomen UGan—The market for raw continued firm, though the furw ‘good. aa ‘Cake wae ae ike. @ Tien and tales ‘were made of 299 bnds.,art at Iisge: for Cube. Hee fined was slow of sale at abou: Hard Teice.n 4) att white We. 8 ey further of MG Jubas Linseed ‘continued steady, with sales — ‘cont : 1,000 bage in Boston, per F. B. Fay, at ‘gold, dut Paid, ialtktods of arden ware. ull bel’ sieasy et yematday's quotatio ‘NE.—The transactions were Ii and prices were ba res og ey nee nia a ten prices, the "ALLOW, {hoi was former siace ‘being 85000 Iba ah dow 120. WiIskey.—Receipts 531 bbls. ‘The market was more active, bul unsettied and lower, sales belug about 17> bbls, at 9c. a Me,, tax paid. THE DRY GOODS TRAD. ‘The firmer ruling in the cotton market has extended to dry goods, which, under a rather improved demand and in view Of the advance and buoyancy of cotton, have sold more freely and generally at an improvement in prices, The leading cotton goodsare generally 3c. a 30. higher, while some are held fully Ic. above inst winter’s quotations, The cotton market for the past two days bas been excited, the quota- Hous trom Liverpool showing an ndvanes to 12d, for middling upland. In view of this advance, and the probabilities it would go still higher, holders of cotton fabrics here were induced to demand increased rices, and quitea number of sales hay asia of A4c. a 1c. higher we been consummated on the ices. ‘The market was unsettied and excited to-day, quota. ns merely showing an approximation to real values, and ‘Qs the market is ina sort of transition state we omit details. ‘The Ist of Febroary has come and gone, bringing, as we predicted t would, no repetition of the failures and disasters of a month, which is owing exclusively to the most opportune advance of cotton, and, by consequence, of cotion goods. We annex the current quotations for’ the leading kinds of j BROWN MUSLINS. by 12. 1636 ‘tre Ls nose 10% New York Malls, 21% 20° Utica... Py 35 18 3 13g 113g Monrni 14% Danueil 16 DRILLS. Ig 8 14 Wino Ws Amoskeag ao. Walon... 2 pogeeauiebi in GINGHAMS. - 16 Lancast REAL ESTATE MATTERS. Yesterday was another busy day in the real estate auction mart, which, nothwithstanding the very dis- agreeabie character of the weather, was crowded by eager speculators attracted by the numerous sales announced to be held. In Brooklyn one sale was held at the Commercial Exchange. Bidding at‘each of the sales was quite as spirited as the day previous and the prices obtained fairly appreciative. Ww we give particulars:— Auction Sales of Real Estate Yesterday. NEW YORK PROPERTY—DY A. J. BLERCKFER, BON & 00, lot on Madison av, ‘$1 1 9 corner of 76th st, 28.4x100, i 1 Lot adjoining, 26x10. na 300 8 lote adjoining, each 8,900 1 lot adjoining, 251100. 8600 1 lot adjoining, 2x1 9, 1 lot n e corner of 74ch st, 26.81 000 1 lot n 8 of 74th at, 100 ft © of Madison av, 95xi08.3. 750 4 lots adjoining, éach 6 Tot edjpintage deat ra Hota ft sty 100 fe oF 700 as e . Hot adjoining,’ asai022 7000 1 lot adjoining, 25x22 650 1 lot adjoining, 5x102.2, 1 lot adjoining, Wx 102s 6,660 1 lot axjoining, 25x102.3. 2 lots adjoining, 25x 41 re 6,500 Batory brick house and lot, No 889 8 na, be- rT. Washington ‘and Uresewich ats, wn lss60, we, Four story brick house aad igt No 904 Sianton si corner of Lew! also two story house and lot No 103 Lewis st, 75 ft on Lewis st, 25 ft on Stanton st, D Wemley....17,450 BY JOGEPH M'GUIR! House and lot ss of 128th st, 105 ft @ of 8d av, 18.9x99.11, ig pe Ligier yj Heap mt, get00, ‘MILLER, jarey ay, 0 w corner on Keap sty h 8, 100 the of rer av sisted: pert sen Soa tt wot Marcy av, 2.4:i6i. w ay dig above, ichane sis, ‘ HA iF ci HEHE £ a ssre Sask geEseagEeszeee = 3 553 exzce eae a One toes NOR ORet CBNO RI ttt 8 sesasss E Real Estate Notes. ‘The following transactions in New Jersey real estate are reported in the several towns men- Uoned:— Centreville—Three acres unimproved land, be- longing to F, Stonckin; sold to 8. 8. Wood, Jr., of Bergen Point, for $9,000, Roselle—Fifteen acres unimproved Jand, belong- ing to Wilitam B, Martin; sold to John Lindsley for $10,500, Seven 82-100 acres unimproved land, be- longing to James Richmond; sold to Eliza Wheelon, of Newark, tor $3,885, Somerville—Farm of 104 acres, belonging to Adrian King sold to H. L, Greenman, of New York, for New Market—Farm of forty-nine acres, belonging to Charles Boice; sold to E. J. Anderson, of Somer- ville, for $13,000, Farm of thirty-nine acres, belong- wee G L, Larkin; sold to J, Brewster, of Now for $6,100, Plamfeld—Honse on Richmond street and house on Second street, belonging to John D, Fisk, sold to L. & Hoyt for $15,000, Ten acres of unimproved Jand, belonging to eco Coles, sold to KE. Has Heated i wistnt abel Sensei in} uel Kellogg, sold Mitchell ot New Yorks for gare Three acres unlinproved land, belonging to sold to L. J. Ackerman, of Bergen, for Cranford—| three acres anim longing to Geo, A. Meeker, sold to of Brooklyn, for § 3. hteen land, pelonging to John 7, sold I. Ric! 000, Farm of twenty-two acres, bel wo . Bender, sold to Joho A. Dun- ight acres unimproved iand, be- Pearson, soid to James Timon; et ow aee me juarter acres aca fd York, for $1,400, Heng the Andrew D, Mr. Robert Hoe has frouna fern ta te" uge of Fart 1 4 We 5 ‘th this Stat’, for the sum This gives the Ta othe river ional fromtage of hundred im f& few atreet, to William Bonesteel, far igen yellow Iie, oh Furman how on Fat weekly, 46 semi-monthiy :—Joni 4 bimonthly and 9%. quarterly, making the 0 Ly a We fa Ous, | a0 a i house on the sare street, to John Scott Smith, pe. G. P. Ridnour, store on Wall street, to F. 8. 'yokoop, $6,500. Daniel H. Johnson, store on the same street, to James O. Merritt, $9,590, Aseetas Newton, houte}on North Firat street, to HK. & W. Humes, $ . ©. P. Ridnour, house on John street, toJ.E. Van Etten, $2,500, .Peter Marten, store on North Front street, to Spore & Hays, $1,500. course of erection at the preseat tine uf Stapleton 10 @ present time at Stap! and Clifton, 8, 1. F . Oficial Transfers of Nen! Estate Yesterday. TRANSFERS IN NEW YORK OLTY. Church st, © s, 35 ft 8 of White st, 100<i5, Chambers at, ne cor of Weat Broadway, 220x236. Church at, e 8, 25 ft s of White 16x10, art. Eaacx sh Ww 74.5 itn of Divisich st, S6.% cesar ich st, w 8, $4 ft n of Christopher POSTAL TELEGRAPH. ‘To Tax DIrok OF THE Hexatp:— j I have em muen interested tn the articles which have appeayed Ju the Heratp recently concerning the Postal Telegraph and the Telegraph bilis now before Congress, For many years connected with the telegraphs of the country, with good opportunities of watching their management, I have no hesitation in declaring that your statements are correct and your conclu- sions just. Ifa live and healthy competition existed in the telegraphing business, promising permanency and @ management that would secure to the public Prompt transmission of messages at fair rates, then, indeed, there would be but little need of government interference. But such !s not Hammond st, « «, lby (t © of 4th wt, 25. Lixilé. 20 Lots 197, 198, 190'ant 200, ‘estate ol Boggs (part of).. 15,000 By Bad 0 Madison st, 6 8, 258.5 ft e of Scammel Prince TBL, 20x7 1.3. the case, The Western Union Telegraph Company Lewy virtually monopolizes the business, What opposi- Bust, tion lines there are are fragmentary and their facill- EY ties for business so limited that they can do but little to meet the wants and demands of the public, and, for obvious reasons, nothing whatever to re- lieve the preas from the exactions of the Western Union Telegraph Company. ‘There 1s not a news- Paper publisher in the United States who is not aware that it is within the power of this company to crush his paper out of existence by making enormous charges for the transmission of news re- Ports or wilfully neglecting to transmit them until too late for use. No opposition to the behests or interests of the Western Union Company 1 one of the conditions upon which this company will offer reduced rates for the transmission of press reports, and any paper daring toemploy opposition lines for the transmis- sion of “specials’? is Hable to be cut entirely off from all privileges over the lines of the mono; Hence it B not to Lethon aon that thet pate Of toe untry come but slow! he support of competing lines and are for the most part silent on the subject Of & postal er iy oe Only @ few have the courage and dependence to honestly declare. their views, Many of the best practical telegraphers of the country, who have done more to GEESE PELSTSSSE BEES? SPERSAPSEEP Syears 9 m 96s 10,600 | a Wert lu. of Waslington, 66:96.7) levelop and utilize the telegraph than ail the old 1 West iuib st paisa. fe Wash i +++ 1400 | officials of the Western Union put Sogether, would 18th st, No 408 E, 4 years 9 months. 420 | gladly furnish valuable information to Mr. Hubbard or e 200 | the Congressional commitiee who are now conalder- he ing the subject of a postal telegraph if, like the goo | Press, they were not const ed to silence, There ‘TRANSFE) 1s, too, @ general fear among telegraphers that if Baltic st, n &, 100 {t ¢ of Rogera av, 123x: ever the government assumes control of the tele- Bakio ot and Ro ere av, De corner, 55.7z] 9,000 | graph the jb ype Union Lapmey will in some gers way secure the management, just as they secured Boerut Pid the management of all the military lines during the late war, with how much profit to themselves let Nom. | some ofthe Western Union officials with military titles answer. But I wish to note very briefly a few points cot by Mr. Orton's statement to the Congres- sional committee. He gives fifty-seven cents as the average sum paid on messages transmitted over the Western Union lines. Now, unless deadhead de- spatches and office messages are taken into the cal- ‘culation no such figures can be reached. If ar one rat SELES fo0 fe of Menerole, 382100 ft w of Sinyvesant ay, 100x100. Madison st, u 4, 169 ft w of Evergreen av, b0x1W. 5 doubts chis levhim examine one of the tariff sheets Mekioben st, »', 100 ft w of Morrell, 25x00, #500 | of the Western Union Company, and, if he has Monroe st, 0 of Maroy ay, 3 108 | Knowledge or correct Idea of the business le will Oxford at, ¢ s, 117.10 it n of Atlantic’ ay, 2xll 61500 | Gount - Pacitic at, ns 100 ft € of Powers st, 502%. ‘13,500 | doubt no longer. The charges between New York Quincy st and Nostrand av, n w cor, 18.9262. 6,600 | and Boston (thirty cents for ten words) and between at 150 ft w of Bedford 100. - 7,000 | New York and Philadelphia (twenty-five cents for 5,500 | ten words) are the lowest rates on the list, and it oe can be easily proved that the average amount patd y'609 | OM messages between these points is nearly, if not 6,009 | Quite, fifty cents. What, then, must be the average v0 | paid for despatches between New York and more 60 | distant cities, The tariff on ten words to Cincin- $50 | nati Is $1; to Chicago, $1 75; to St. $2; to 3.209 | San Francisco, $7 60. “These rates are sufficient to 38,0 | indicate how uearly correct Mr. Orton is in his state- ziov9 | Ment that the average charge on despatches is fifty- 11,300 | seven cents, 8,200 Mr. Orton claims credit for the Western Union io Company for recent reductions in telegraphic t. ils, py edna May 440 | Now it is notorious that the only reductions which . y have been made are between points reached by com- 0 ft n of Putnam ay, 40x 10,50 vi 225 ft n of Tillary a "auux497. luable property owned pease lines. Every bit of v; y the Western Union Company can be duplicated to-day for less than ten millions of dollars; the net protits of this company, according to their monthiy Gates ay, ns, 300 fv of Downing st, S0xdi.- Grattm bv aha Broce of, ne cova, Badu sit rs Graham ay, ns, 55 ft e of Broom 209 | statements, are upwards of a quarter million, or rising | 4 bape aie 16,300 tree millions per aunum. If, then, the capital of the Myrile av, n 4, 27.9 ft ¢ of Aaden ‘st, 69.9x41x23.6x7, ‘1100 | Company had not been extensively watered they 27.9 ft from Baitle st, 10dxii could thirty per cent annual dividends; and yet bid av, @ 8, 13 pay 127.9. Mr. Orton declares that “nowhere else has there ever been so earnest an endeavor made to serve the peo- ple faithiully and satisfactorily.” Says Mr. Orton:—“if Mr. Hubbard’s bill to incor- porate the United States Postal fe bon Company should pass, who would maintain telegraphic facili- ties in the smaller towns'’—the bill providi offices only in towns of 5,000 inhabitants up. wards? I answer, the ratiroad companies, just as they do now. Does Mr. Orton think any one is verdant enough to belleve that the Western Union Telegraph Company are maintaining a large number of noi paying, offices merely to accom- modate the people? ith the valuable franchises— such as exclusive rights of way, free transportation— «&c., obtained from the railway companies by the Western Union Company they have also a ee for the hen ae heal bv telegraph ound smi wns, W! 18 Wel OWL, are ou by rail trongest ar- 8, 305.6 ft’ e of Graham 74.10 ft @ of Leonard ty cor, bem per ye tos TRANEVERG IN WebouROTER COUNT! —GRRRNOURG, Margaret Post's property, na O Horton's, dactes. located in the railway depots and operat way emplo} But to my mind the ai gument in favor of governmental interference in the ee business is that no im kind can be reasonably ex, Union Company. With Poorly constructed lines they cannot cl the rates and do business enough to dividends on their enormous Py moo To improve working of their wires would involve too an expenditure for them to incur. Mr. Orton ts of the superior ability of his operating corps, but he insuited them by umporting an Englishman to examine and report upon the condition of the Western Union lines, as if cee wieaoenens the country competent for the ebeeed & Sebesy Rasiroad av, lot 13, block 98 Harsimers ereresereee of a tel dat Hence the many absurd paren am gn gd tg mes- sages news reports, resulting annoy- the Western Union Company im wo make The men of the country have been so often swindled by telegraph contractors and stockjobbers: that there is no hope of tei ic competition except through government aid; those who would have {From the Boston 2.) what it should be—an impartial, A queer robbery is reported to have been commit | prompt, reliable and cheap agent for communica- ted uy . David ©. Sisson, treasurer of Post 15, | tion—must favor it in some form. G. asker esterday. Mr. Sisson’s ia substan- tially as ioliows:~-He had Just his office in the headquarters of the Post, in the third story of DECLARING THE PRESIDENTIAL VOTE, FEBAUARY 10, 1869, building at the corner of Lucas and Washi —— ‘The electoral votes for President and Vice Presi- Te a eA Min WO’ the Metis, Cecoriad | dent of the United States, In accoraance with him, and in the manner usual with applicants for decision of the penks G8 So Sk of orem, Felief asked for ald. After hearing her story Mr. Sis- | bet, 186%, will be counted belore the two houses of son concluded that her case did not come under his ‘on Wednesday, the a next, cognizance a8 treasurer of the Post. and informed | Under the following joint rule ‘0 houses her that he could not aid her. Asshe requested her to shut the door, which fastened wi dead latch. Whether the not Mr, Sisson says he was too buay to notice; Jess than five minutes he from around the neck by the ben hands of had enterea unperceived, wi! totcsed as'he best Sou resisted as he p could not utter a cry until dragged to a the floor of the ante-room, where, plact at his heaa, the assailant told him that 1 noise he would “put his light ” The maa then roduced a rope about the size df a smali clotaes | #8 they shall appear from the said certificates; and | otes having been counted, the result of the same fine. and secured Mr. Sisson by the neck to the bolt, | the He then went to a stall box wherein the treasurer | shall De delivered to the President of the Senate, who was in the habit of keeping the Post's funds, | Sail thereapon announce the state of the vote and and after examining the several envelopes in | te names nied ifany, elected, which an- which different moneys | were enclosed ob- | Brutes rth Tost tion tained about $400, which he pocketed. He | TsONS: lent and Vice ib then returned to his prisoner and took’ from | ofthe apo. = oer we & list of the the latter’s pantaloons ket ® wailet coataining hava hadigw on “s rnals of the two houses, hig private funds and other valuables, amounting in if, upon the read any such certificate by the the aggregate to about $200, and deliberately left, tellers, any quest get regord to counting with the remark, a8 if addressed to an accomplice | the votes — certified, the saine havi been in the cnt paw the. save ta one “ upon withdrew, aod said question bail be ots what? seo 3 wos —¥ mace ponent” eoewton peta tr, ieee bed malited to that body for its decision; and during the operation, spoke as though some- body was within tearing, Mr. Sisson says he heard No response nor footsteps and saw no other person. ‘The victim was left in the posttton above descril with his head #0 near the floor and the rope so ground his neck that he could make but very li noise, In this position he was compelled to stay for more than an hour, not having been able to make of the House of Representatives shail, in like man- submit said question to the House of Repre- ecision. And no question shall be decided affirmatively, and no vote ovjected to shall be counted, except by the concurrent votes of the two houses; which being obtained, the two houses shall immediately reassemble, and the pre- biding oificer shall thea announce the decision of the himself heard by people on the ground. floor; and “> " ~ final ased hitmse! persis\ gna estion submitted; aud upon such question there = eg by yt “y r run Stall be no debate in either house, And any other uestion pertinent to the object for which the two fonses ey axsembied may be submived and deter- in like manner. mi ooeh t meeting of the two houses seats shall be provi as follows:—For the President of the Senace, the Speaker's chair; for the Speaker, & chair iunmediately upon bts left; for the Senators, in the body of tne hall, upon the right of the presiding oficer; for the resentatives, in the bouy of the hail not eccupled by the Senators: for the tellers, the Secretary of the Senate and Clerk of the House the which at last parted, The ai the hands of the detectives, State and cit; Blac h - ie! it, Mr. ise are engaged in ‘consid thinks he should be abie to satlant. y identity bas as GENERAL NOTES. ‘The Southern papers are advising planters to plant but litle cotton and stock plantations with ramte. ‘The failure of & Comstock, & Minneapolis mer- | of Representatives, at the Clerk's desk; for the other chant, with liabilities to the amount af $60,000, is foo two in front of the Clerk’s desk either side of the Speaker's platiorm. Such joint weeting shail not be dissclved until the ¢lectoral votes are all counted and the resuit de- clared, and a0 recess stall be taken wuless a ques- tion shall hove arisen in regard to counti: i“ of such votes, in which case it shall be com; for either Hovse, separately in the manner here- invefore provided, to direct a recess not bey mext day, at the hour of one o'clock P. M. reported. Other failures in the saine city are said to be imminent. Martin, accused of killing Fernandez, in New Or- ount of alleged improper intimacy with the Teemor's wifey has been held to bail in $2,000 on @ charge of manslaughter. An Ohio editor ts getting particntar about whst he di expresses himseif alter the follow Foliowing the rule est: fittion:—“Tiie woman Wno made the butter wick ration of George Washi 1789, linmediately we bought Last week is respectfully requested fo @X- | upon the deciaration of the result of the electian & ercise more judgment in roning we ee Joint committee of two members of the House and dients, ‘The last batch had too much hair in’ + | one Senator is appointed to wait upon the persons ter, and not quite enodgh {Of waterfall. THSse no | Siected and inforin Lem of tho resule. sense tn mn aR nO aaa if butter ts in the States and vn 349 dailies, 4,425 weeklies, 277 monthlles, and MARRIAGES AND DEATHS. ‘book and inters. In above Be Soria ceetiy peat = an Married. nav. John ® lain, pamor oF the waveus Se 9 Methodist Episcopal church, Mr. JAMms STILE Bead to Miss ANNIB RODEN, both of the eity of pew York, Mo cards, UMMING—ROCHESTER.—On Tuesday, February 2, at St. Luke's church, Rochester, N. ay by the ev. Henry Anstice. rector, ALLEN J. GuatMINO, of this city, to ANNA M., daughter of Hi . EAGAN—Murrity.—On Monday, February 1, at St Joseph’s church Philadelphia, by the Rev. FP. J. Bar- belin, $. J., JAMES W. Eagan, of Georgetown, ado, 'to Many ©. O., daughter of ihe late Dennis Murphy, of that city. Ensretn—Ssiri.—On Tuesiay, Fe! 2, at the residence of the bride’s parents, by the Rev. James Cameron, Lieutenant Frepenicn H. EDSTEIN, United states Army, to JBannre Virginia, daughter of J. Calvin Smith, £sq., of Kdeewater, N. J., granddaughter of the late George H. Kae. Glasgow (Scotland) papers picase copy. HoLLey.—On Tuesday, February 2, MicrasL HOLLY, aged 32 years and 9 months, friends of the fauily are respectfully invited ee raped the boi gp il i his - reunite, oe ‘ashington street, ursday) afternoon, half-past one o’clock. ba Macy—CoLeman.—On Tuesday, February 2, at the residence of William N, Dickenson, » in this city, by Friends ceremony, A. CoLRMAN Macy, Jx,, of Hudson, Columbia county, N. Y., to Louise Y. Coue- MAN, of New York city. MoNTGOMERY—FRANCIS.—On Wednesday, Febru- ary 3, by Rev. F. Sill, Mr. R. C. MonTGoMERY to Mus M. E. FRancts, all of New York. No cards, ‘Albany papers please copy. Died. BaiLey.—Suddenly, on Wednesday morning, Feb- Tuary 3, CHARLES BAILBY, Sk., in the 72d year of his age. ‘The relatives and friends of the family are invited to attend the funeral, from St. Mark’s church, Seo- ond avenue, on Friday afternoon, at two o'clock. Barsy.—On Monday, February 1, Hannan T Barry. ‘The funeral will leave her late residence, 729 Sixth lingering illness, SipNsy A. BuRpGs, in the 42d year of his age, The relatives and friends of the family are invited to attend the funeral, from his late resideace, No. 218 East ‘wenty-elgntn street, this (Thursday) afternoon, ‘at two o'clock. BrewstTEx.—In Newburg, N. February 3, Miss ConpeLia ;% years. AS A a BRowNE.—Snddenly, of heart q Moraan, Wife of Win. F, Browne, rT age. BF Friends of the family are invited to the funeral, on Friday afiernoon, at two o’clock, from the residence of her sister, Mrs. John H. Grant, Bed- ford avenue, ninth house south of Myrtle avenue, Brooklyn. BuADY.—On Tuesday, February 2, ELLEN, youngest: Gauchter of Patrick and Anne Brady, ‘The friends of the family are respectfully requested to attend the funeral, from the residence of her parents, 254 Rivington street, shis (Thursday) after- noon, at one o'clock. Coorer.—in Brooklyn, on Wednesday aeaine February 4 after @ lingering illness, Mary Cooper, wife of James G. Cooper, aged 43 years. ‘The funeral services will be held in the Lafayette avenue Presbyterian chureh (Dr. Cuyler’s), corner of Oxford street, on Friday morning, at eleven o'clock, Lf gpeger tH on ‘Tuesday, February 2% a son of and Sarah Carstens, years. ‘The relatives and friends are respectfully invited to attend the funeral, at ts parents’ residence, No. 14 — street, this (Thursday) afternoon, at one o’clock, CARRAGY.—MICHAPL CARRAGY, a native of Rathi- bp county Wesumeath, Ireland, in the 46th year of age. The funeral will take place trom his late residence, 225 as street, on Friday afternoon, at twe o’clocl Crossre.—On ‘Tussday, February 2, of consnmp- tion, GroRGE CrosBis, in the dist year of his aze. Dumfries (Scotland), London (Engiand) and Ros common (Ireland) papers please copy. DEVINEY.—On Wednesday, February 3, ELLEN De- VINEY, aged 8 years. ‘The relatives and friends of the family are respect- fully invited to attend the funeral, from ber parents’ residence, 635 Second avenue, this (Thursday) after- noon, at one o'clock. Fropisner.—On Wednesday, February 3, of con- gestion of the lungs, CLaxe: infant son of Lewis and Josephine Frobisher, aged 4 months and 20 days. Geronar.—On Wednesday morning, February 3, at five o'clock. Monnis GEoxGs, aged 40 years. The friends and acquaintances, also the Knicker- bockers, are respecttully invited to attend the fune- Fal, at his late residence, No. 100 Allen street, on Friday afternoon, at half-past two o'clock. GILLEsPIz.—On Wednesday, February 3, FRANK SHAFER GILLESPIe, in the 20th year of his age. Notice of funeral to-morrow. KEARNEY.—On Sunday, January 31, Davip ye 19 years. ‘The fun will take place from Bellevue Hospl- — hemes, * No carriages allowed. ELLEY.—In Brooklyn, on Tuesday, February 2, Mary KELLBy, in tne 69th year of her age. Her remains will be taken to the Cemetery of the Holy Cross, Flatbush, for interment this (Thursday) afternoon, at two o'clock. KNiGHT.—At Astoria, L. 1, on Wednesday, Febru- me Ann, wife of Henry Knight. MBERT.—On begee ge nie A morning, February 3, JOHN a of London, England, in the 4ith year oi age. His friends are respectfully invited to attend the funeral, from the Holy Communion church, corner of Sixth avenue and Twentieth street, on Frid: LracnOn. Wednesday, of scartet EACH. ry j se fever, CecELIA May, only Yiauguter of A jam C. and Cecelia M. Leach, 16 mooths and 8 days. nds are invited to attend the \iamsburg, eb] 2, FRANCES ELBANOR, youngess daughier of the late oe, Thomas M. Lawren The funeral service will be held on Friday after- noon, at three o'clock, from the late residence of tier grandmother, Mrs. E. Vreden! No, 333 Atlantio street. The relatives ana are respecuuily peo to attend without yard ce. Lesoenvasce bn Taster, F 2, Eva F. LEBOURVEAC, aged 1 year, § months and ¢ days. The friends and relatives of the family are respect- fully invited to actend the funeral, from her late rest- dence, 521 Third avenue, this (Tharsday) after- noon, at one o'clock. bridge, Ndi on Toesday, Rebruary 2 Wir ast ., on tEAM T. Mawarr, only son of W! H, Mawbey, inthe dtm Funeral services at the honse om Friday after- three o’clock. Relatives ané rel: faulty invited to attend thefugeral, foom her late resi- dence, $2 Monroe street, « Friday afternoon, at oue o'clock. McCooL.—On Tuesday evening, February 2, Many McCool, widow of Chates MeCodl, in the sith year The relat ives and frimds are ty invited. to attend the faueral, from Der late residence, 106 ‘West ‘twenty-eight street, this (Thursday) afternooa, at one o'clock. MoGoLprick.—On 2, Wiutias ' Joan McGoLprick, the ved son of Neal auc. =, Ann McGoldpck, aged 3 years and 11 months. Telatives and friends of the family are respect- fully invited to attesd the funeral, from the resi.ience of nts, No 4 Fiushing avenue, near Oxford street, Brootiyn, ais (The iy) a oon, at two o'clock; thence te the Cemetery of the Holy Croas for interment. MoGuine.—in cersey City, on Tnesday, February 2, after a short filness, Patt MoGuixe, a.native of Sas rs Fistino, county Tyrone, ireland, in the year of nisage. ‘The relativesand friends of the famt'y are re=peet- fully invited © attend the funeral this (Phare) v afternoon, at our o’ciock, from St. Mary’s churel of Sowh Seventh and Erie corner stroets, Jersey” City. Tone (Iraand) papers please copy. Biron dreand Watnesttay morning, Febtnery ®, ae of Wilkam Prankard, aged st years and 6 moni ‘The relatves and friends and members of Perse- verance Leize No. 662, F. and A. M., are invite? io» attend the funeral, from her late resvience, $ ven teenth stret, near Eighth avenue, Suuti Brook yo, on Frida: afternoon, at twe o'clock. Pratr—On Geacneene , Shiarnoen, Pebrmary. 3, Pi Notier of funeral ter. QUIN'Y.—At Piaintleld, N. J., on. Wodnesdiny. Te oe eae day), Warren U, gut . formenty Of New York city, in the 62d yeat of is ace. The relatives and friends of the iamily are invited to atend the funeral, from the Friesds meeting howe at Plainfield, on Saturday (seventh day) » ter ooa, at half-1ast one o’clock. Trains leave tool of Literty street, New York, at twelve o'clock noom. sirertps.—On Monday, February 1, Mrs 0 ar GsneT A. SARIS, youngest daughter of the lase Robert Bog’ rs, of Brookiyn. Friends a nd acquaintances are respectfntly invited to attend the funeral, this (Thursday) afernoca, a& two o’cloc’k, from the residence of Miaard Smith, dod Columbia street, South Brook |yn. SAUL.—In Brooklyn, on ‘iucsday, February 2 JONATHAN 8, SAI, in ihe Seth year of his age. ‘The redatives and friencts of the family are respect. fully invited to attend the funeral, on Friday aiter- Nooa, At two o'eiock, from his late residence, Foriy~ ninth street, near Third avenue. South Brooklya. Sricer.—On Wednesday, Fe! ry & in the of his ‘age, EDWIN i. Seiceiy Son of Henry Bite new of the lace Pdwin luc. rorelatives ant frends of Leg ff also oon Division No. 2, Sons of Temperan € reapectiu! invited to atvend the funeral, from the plist L in 111th street, near Third avenue, on anernoon, az two o'clock. i .—-At his residence, in Fairfield, Conn. on ' yonday: February i Manny &. THowe, aged 12 yarn, rehant of worne veisuves and friends of fa ate Invited to auend the funeral, thia ( alternoou, a haif-past two o'clock, 2 Mrs. AN suiia atraaharcvhtos be on vited to attend. Bogiish papers please copy.