The New York Herald Newspaper, July 1, 1869, Page 9

FINANCIAL AND COMMERCIAL. Wavnespay, June 90—6 P. M. ‘The stringency in the money market was without edatement to-day until very close upon three o’olook, when fands rather freely offered at. eeveb'per cent, gold. Up to this period of relaxa- don, however, the demand had been active at rates fayging all the way from one-eighth to one-half of one per cent per day in addition to the usual seven Mf cent. Indeed, the latter condition was disre- gatded in loans at high figures, which were made swith or without it, as suited the lender. To the bor- Tower it was only a small fraction of the rate which he really paid, The excitement in the crowd gath- ered on the sidewalk and pavement in front of the Stook Exchange was at times very great, while in every office and counting room the singular and protracted derangement of the money market ‘Wass steady theme of discussion. The evidencos of ita. ertificial ongin. were much more visible to-day. Tho “bear” cliques took advantage of the Grain of currency into the Treasury through the government sales of gold to initiate a movement against the holders of stocks. Ome of the moat powerful agendles to accomplish such a acheme is of eourse a disturbance of the money market. Large @Ums were withdrawn, but stocks refused to go Gown. They were in strong nands, as the course of ‘prices has gince shown. It will be remembered that in furthering tnetr plans they bought tnree per centa, gud took them to the Sub-Treasury and had them amoelied, thus reducing tho legal tender reserve of the banks and curtailing their ability to ‘accommodate with loans. Unfortunately for their Plans the shipments of currency to this city from ‘the South and West began to revive. Atleast the remittances thither ceased. The last card to play ‘was tho deliberate tying up of money in the various ‘banks. Yesterday morning the Clearing House figures showed eight of our principal banks creditors for over five millions of doilars ! This fact will de- monstrate the capital represented in this unscrupu- lous combination, It is only fair to say that the of- cers of the banks, where about a million was looked up, earnestly disclaim any connection with the clique, and state, in explanation, that the figures for whioh they are creditor represent money paid out 4n cashing coupons and other tokens of value shortly coming due. This morning f@ome curiosity was manifested to examine the balances at the Clearing House again. A glance ‘was sufficient to show that over four and a half @illlions were still tied up. To-morrow morning there doubtiess will be equal interest exhibited in the debt ard credit position of the different banks ‘which are suspected of lending themselves to the scheme of the stock gamblers. The firmness with ‘whioh rival operators have held out against such #B exhausting tax upon their nervé has begun to oreate some alarm in the ranks of the combina- tion. This afternoon, in connection with the sharp qise in prices at the Stock Exchange, there wasa ramor that some of its members, largely “short’’ of atocka, had deserted and gone over to the ‘bull’ It will be remembered that the great Erie jue disintegrated in the same way, one of its prominent members, as he acknowledged in a sub- Sequent afidavit, withdrawing his money from the “pool.” It the disaffection of the one or more mem- ‘bers reported to-day be true, it will be the entering wedge to the disintegration of the present powerful ‘ombination to “break’’ stocks and gain profit at the “cost of disturbing and deranging the legitimate course of business. It may be well here to correct a falseimprossion. Itissaid that the District Attor- ney has been sblicited to take steps for the prosecu- tion of those who exact extra legal rates of interest. ‘The District Attorney has no power whatever in the ‘matter. Usury is not a felony nor criminal. The only party to make complaint is the one aggrieved. His wedreas is to refuse to pay principal and interest, ‘which he may under the laws of the State. The lender would have to sue, Usury would be a com- Plote defence, The litigation in such a case would be of @ civil and not of acriminal character. Lend- era at the present time know that they can demand usury with impunity. There ts no punishment for them except the bad faith of the borrower. Should the latter take advantage of the law he would be proscribed and ostracised. fle would have no fur- ther need of remaining in Wall street, for his occu- pation, like Othello’s, would be gone. Commercial paper was inactive, and prime double mamos were barely current at ten to twelve per cent discount, Foreign exchange was firm and the prime bank- era were indifferent about drawing large amounts at tneir quotations; the impression prevailing that with the disbursements of gold interest to-morrow and thenceforward until the July coupons are paid bills ‘will be in better demand, not only to make the usual payments, but to remit as the equivalent for the coupons held abroad. The stringency in the money market forced the sale of bills in second hands at fractions of an eighth to a quarter less than the prime bankers’ figures, but no new bills were drawn ‘at any concession. The range of bankers’ rates was 10034 @ 109% for sixty day bills and 110% a 110}¢ for sight. Commercial bilis were sold at 10934. In Southern securities there was a firmer feeling in ‘Tennessees, but the new North Carolinas, Mis- souri sixes and Alabama eights were weak, and the rest of the list heavy. Towards the close of business @ large sale of new transfers was made at 58. The following were the closing prices at the last board:— Tennessee, ex coupon, 61.063; do., new, 57)4; Vir- ginia, ex coupon, 5734; do., new, 61% bid; Georgia aixes, 85 a 86; do. sevens, 96 a 9614; North Carolina, @X Coupon, 58% 9 5674; do., new, 5234 @ 53; Missouri sixes, 9034 29014; do., St. Joseph's, 92 bid; Louisiana @ixes, 7207234; do. levee sixes, 67 a 68; Alabama ves, 6234 a 65; do. eights, 95 a 96, Government bonds were heavy, and would pro- bably have been weak’and declined in answer to the gevere stringency in money, were not the payment of the interest on the July bonds so close at hand ‘and the quotation in London strong at 80% a 80x. Muoh interest is felt as to the fortncoming state- ment of the national debt for the fiscal year, ‘which ends to-day. The next and ninth purchase of government boads will be made to- Gay at the Sub-Treasury. The following were the closing street prices this evening:—United Sates sixes, 1881, registered, 11654 a 116%; do. do., coupon, 12034 a 121; do., five-twenties, registered, 116% @ 116%; do, do., coupon, 1862, 121% a 121%; 40. d0., coupon, 1864, 117 a NK; do. do., coupon, 1065, 118 a 118%; do. do., coupon, 1865, new, 1105; & 119%; do. do., coupon, 1867, 1105¢ a 119%; do. o., coupon, 1868, 11994 a 119%; do., ten-forties, registered, 10754 a 1074; do. do., coupon, 107% a 108; currency bonds, 1053 a 106, Gold was strong, bettveen 137 and 1374. A few sales wore made at 136% in the period just before Clearing House time, when cash gold might have ‘deen bought as low as 13634. Later it advanced to ‘the highest figure, in sympathy with the strong tone ‘to the foreign exchanges. It remains to be seen how far the disbursements of the July interest have been Giscounted. The price to-day was curiously firm on tho eve of an outcome of over thirty millions of gold, The range of the market was as follows:— Loans of cash gold were made at rates ranging from 6-82 to 7-16 for carrying. The disbursements of coin interest to-day amounted to $337,766. The steamer China, for Europe, took out $352,5801n specie, ‘The following is the report of the Gold Exchange Bank:— ‘The stock market was strong and excited, particu: Marly for Now York Central, Hudson River, Michigan Bouthern, Rock Isiand and the Northwestern stocks. The foature was Michigan southern, over which a aovere struggle took place between the “bulls” and “bears,” who seemed to have chosen it fora test of their relative powers. The following paragraph from the Evening Telegram so graphically paints the situation at the time it was written that we cannot elp quoting it:— The great contest between the bull and bear cliques Pontinues to with but little decisive results e fortunes of the day inclining, ever, at this hour tn favor of the bulls, These latter, in spite of the strategic movements of their in aries money “tight, after resiatt imation which yesterday and the, da i@_ demoral! vious threatened thom in consequence, have this succeeded in pushing forward their lines, and. @ithatamdine the acarcity of ammunition, some of the weaker on the some wav in their ine and slgns of weakness, bat appears, at the first as 16 indication of lately atrengtnened trom other parts ‘ooh ti ‘The rumors of disaffection referred to above, and the relaxation of money to gold interest jast about the close of banking hours, gaye the ‘bulls’ fresh courage after their first advantage. By a bold and resolute movement they carried Michigan Southern (or Lake Shore, as it is doubly termed since the con- solidation) to 11034, New York Central to 196%, and Pacific Mail to 89%. The rise in the reat of the rail- Ways was from one-half to two per cent, and corre- spondingly great in the general list. The rise in Michigan Southern was over four per cent from the lowest ‘price of the day. The ex- press stocks were weak for United States and strong for American. Quicksilver showed signs of a Movement, and was higher, “The Philadelphia and Reading Railroad Company have declared @ stock divend of five per cent. Rumors were in circulation that the Chicago and Alton Ratiroad Company in- tended a scrip and stock dividead of eighty to one hundred per cent. The result of the New York Cen- tral stockholders’ meeting in Albany to-day was not known at the close of business. Toward four o'clock borrowers: who had failed ‘to make up their accounts were again on the street in quest of money, and as high as an eighth and interest was paid for large sums atthatlate hour. The effect was @ reaction in stocks, which closed “off” from the highest point of the enthusiasm at three o'clock, when money had relaxed to gold interest. The following were the closing prices of stocks at the last session of the Stock Exchange:—Can- ton, 61}¢ a 6%; Boston Water Power, 15% 9 1534; Cumberland, 833 bid; Wells, Fargo & Co.’s Express, 82 a 3234; Adams Express, 62 a 63; American Ex- press, 4234 @ 43; United States Express, 727 a 73; Merchants’ Union Express, 15 bld; Quicksilver, 163¢ @ 1674; Pacific Mail, 883¢ a 883g; Western Union Tele- graph, 3834 a 3835; New York Central, 195% a 196; Mariposa, 734 @ 934; do. preferred, 15 a 1634; do. ‘certificates, 42 asked; Hudson River, 164% a 165; Readiag, 9834 a 9334; Alton and Terre Haute, 35 bid; Chicago and Alton, 160 bid; do. preferred, 160 bid; Toledo, Wabash and Western, 72 @ 123¢;* do. preferred, 82; Milwaukee and St. Paul, 7534 a 76; do, preferred, 86 8 86)g; Ohio and Missiasippi, 33 a 8834; Fort Wayne, 155% a 157; Michigan Central, 128 bid; Lake Shore, 108% a 108%; Illinois Central, 142 @ 144; Cleveland and Pittsburg, 100% a 101; Rock Island, 118 a 118%; Northwestern, 81% a 82; do. preferred, 95% & 96; New Jersey Central, 10314 8 104; Morris and Essex, 68 9 90; Hannibal and St. Joseph, 119 a 120; do. preferred, 120 bid; Columbus, Chicago and Indiana Central, 39% a 4034. SALES AT THE NEW. YORK STOCK. EXCHANGE. Wednesday, June 30—10:15 A. M. e Sees SESEEEEz25 qn be Rivdet mess. 1017 ebs FourthNBk.ex d 10836 NatBank.exd 92 ver M 3 S855 $2500 US 5-20, r, 10000 US 6-20, ¢, 20000 a &RI& Pac Tr 10's, ot 4 10000 StL, Jack & Chi lst 93 100 sha West U Tol, 200 Pac M 88 50 Han &8t Jo 10 Dub & Sioux STREET QUOTATIONS. Half-past Five o’Clock P. M. 89 a 894 St Paul pref. 1 109 ©. Pacific Mail. Wert Un Tei, @ 9834 Rock Islan 1 ‘74a 76 Northwestern., 61% COMMERCIAL REPORT. Wepwzspay, June 90-6 P. M. Cortoy.—There was a good degree of activity in the mar- ket, which continued to rule firm. Spinners were the princi- pal operators, though sales to @ considerable extent were made on speculation, The sales were 6,006 bales, including 392 for spinning, 1 on speculation and export. Tore were no ales f0F future delivery. Wequotes nde Modile New Orleans and Florida, and is Ordinary 8 MGAEN and Tee Good ordinary. Bo! Low middling Be Middling. 34 3 Bb: 36 we heard of t prices were unchanged, Other inde yemained aut’ Toe" FLOUR AND GRAIN.— Receipts, 9,007 bbls. flour, 1,000 do, corn meal, heey? bushels wheat, LIL do. corn, 40,070 do. oats, and 11,239 do rye, The flour market was dull and heavy and 10c. a 15c. lower to sell to any extent. There was but a light trade omena. id for expt hough 36m. Calfornie me dul and notatoal, Th ‘aliforn! nomini e sal were about 7,000 bbis, was dull and nomi- yuthern nally unchanged; sales 850 bbis. flour wasqi po i Oe er Co mene 4 Wing ‘small sales, at our quotations. We it Superfine St Ext 238 = i eeenvett cmueseanaact PEASSSSSSSSETSSSTRESS bout ‘au and rm. California flour (sacks and bbi Rye tlour. Corn meal, Corn meal, Corn meal.’ J ersay. ban —The market for Wheat opened firm under a fair d mand for export, Juquiry for speculation, salen but Closed henvy, eved with frelguts a" pedin ~The sree abourgiR00 umbels at Ade ior mon to Chicago 40 for soft do. for Nos. 1 and dmfxed, @1 4734 8 G1 48 for No. J for red Indi fot amber wister and #i 1% 8 for 0. and Galitornta, Pri despatones ey a for were dull and nommMal at 76c. Bbc. T3go- forratiroad Tois. “Rye, barley and barley malt were dull and nomini FREIGHTS were more active for grain, rates for which how: STesgescteoe a Mince auviieon ah, de Bo fale otton at 6-80. 8 hinds. tobacec i 50,000 bushels wheat at 80. ‘To London, a at ‘0 Londot 8 bags, and 26a. in bbia, and 1000 bushels te ead 0 Antwerp, 100 bbis.’ apirits tur- pentine at 4s. 9d. The charters were Two barks to Cork for cake ‘wheat on pri ord¢ with about 3,600 in eh 9,400 bole. petrolenm, ‘A’sohooner,. 2200 bi city’ to Spanien, Main aud back. $2,000 tursency, hy uaaian vessel, abou 00 tons, from fa port in Biclly to New Ort, yoteral ¢armpat & hump aun” 0 JUN NIRG.—We of no er Hy i it IB 3¥ge. nd Wie. for clo. Leos yah Lis a tolerable notre And prices re- sw BI UH for retail lots, 10 for long do, ©. & 180, gol jn shipping 4.950. for short rye atraw and @1 Hume waa dull arid nominal at 12 pila Bo,, dou, for’ jute; 100, a 1G. doy COE Bik 80, do), for Tampico, in hond, | Hore.—The' demand was still moderate, but the market Was stoady at 79, @ 199, {QF inferiox to choles erates, rage as ieaekel om, Oa Sania breed at 81 9 8! ein ots for f ee aay Hivkg Ae ht AH ue ii | 3 i it ‘ po rans it became ‘with sellers a1 16 aid fo buy above 18. The sales were being only 200 Dole, at 16%{0. 160 do, Thies. Crude ia bole, ‘at 16igo. and was dal and nominal. Re. s fowar‘cloning nc Sle, = Siige. The antes ‘was lower, inj 1c. 5 bbls at Bl: at o7 i do, Be. 000 do. tor for re Bn Bepesel ic.,Or at an rerage of 83, In Phila ™ ral-as it fs usually on the Inst Prices at the opening were Sic. a 31c., but the fed ait bigher at ihe clots, whan ‘Was quoted abou! o. The sales were it BIC. 5 do, for July at 82c., ry ty do, oe lo, from daly. to Denecae at 334, Fc. a within, the range of Bie. a 8404 for Carolion. Voan.—The market for rey was quiet, but urichany c. fair to ood refining Caba quoted Iie. a 11%, ‘be salon ware 535 Mat eS, a He for, Cuba, aud Porto Rico, an xes, part at 11 5 120, Refined was steady at 1bgo. 1630. for hard, 14, Téize. Yor soft wiltes Lacra Wiigorfor’Sxira G, and’ BM for ©. for yellow. 1ED8.—All kinds qere duiland nominal at yesterday's ‘quotations. » but steady in valuo, Sales 5,000 Ibs. at STEARUNE was 190, a 10840, for fale to'prime in binds, wnd terces. TALLOW was in moderate demand and firm, with sales of 60,000 Ibe. at 114, 948. ‘Waisxny. 665 bbis, ‘The market was quict and heavy, shou ‘were no lower. Sales 150 bbis, at 930, a r p REAL ESTATE MATTERS. ‘The market ta rapidly settling to a condition of stagnation, not alone here, but throughout the Union, the activity that prevailed during the spring and more recent months in sympatliy with the animation that ruled in the metropolitan district having sub- sided in the same spirit of coincidence. ‘The dealings in the market yesterday were very light, and no sales of any considerable number of lots are announced to be held. ape LOWES are the particulars of the dealings esterday :— ten vORE PROPERTY—BY A. J. DLEROKER, BON AND 00. 3 story briok, 8 story frame houses and lot, No. 79 B: at, 15 fen of leecker at, Lot 20x120. LY JOBRPH M'G) Buildings and lot ne side of Water st, 63 ft n of Pike at, and running through to South st, lot 41.4x161 PLAINFIRLD, N. J., PROPRRTY- AND 00.—JUNE 8 lots corner Central and Pemberton avs, each. 8 lote adjoining, each, Slots conch. Ht joining ot 38 {ia a Bon YA. J, BLEROKED, SON yn Eli adjoining, exch joining, each. ‘on Pemberton a 8 adjoining, each, 8 adjoining, each 8 adjoining, each. 8 adjoining, each. All lots 259x100, Real Estate Notes. ‘The sale of Rahway lots held by Messrs. Johnson & Miller on Tuesday was most successful. The attend- ance was very large and the bidding prompt and spirited, The entire offering, consisting of 193 lots, was disposed of, realizing the gross sum of $16,400. The following property, situated at Tarrytowa, N. Y., was recently sold at private sale by Messrs, Mallory & Blackwell:—Captain Dean’s pace, con- sisting of seven acres, purchased py Mr. L. Roberta for $47,000. Mr. Roberts retained one acre and sold the balance of stx acres for $40,000. Gray’s roast about 200 acres sold to Dr. D, W, Paine for The immense number of lots that have been sold during the past six months alike in this city and Brooklyn, New Jersey and Westchester exhibit the rapid and steady growth of this metropolis, which ia its character and development presents much matter for reflection. The following article, from the col- umns of an exchange, contains much wholesome thought yn this matter. The ideas are not new, and nave Indeed been expressed here before; but a3 the problem discussed is one that still presents itself eat our solution, it cannot be a8 uninter- ng— Deplorable as some may the fact, there is no Gearing the constant and increasing tendency towards the wer of our great cities. It has come to be a settled thing that every large city should grow larger; and in a ratto, too, much be- yond the natural growth of the Pomieenon, of the country generaliy, or the section of country of which the city is the metropolis.» Thus London has been steadily and rapidly grown size and popuiation for a thousand years, in te of repeated plagues which have decimated the inhabitants, and sweep- ing fires which have laid large portions of the city in ashes; and in spite, too, of parliamentary ac- tion and royal procianiations, and every ef- fort to keep tt @ small city. The great city of London was in very early days a small walled and fortified town; abovt two miles of walls being sufficient to enclose tts 400 acres of terri- tory. Now itis a city extending from six to ten miles in every direction, or about thirty mules in cir- cumference, with @ population of over 3,000,000 souls, and very much of this growth has taken place witnin the past 200 lague, in 1655, when 100,000 persons are supposed last t fire 0 have perished, and 1666, wien the destroyed five-sixths of the city and property to the estimated value of at least $50,000,000 Now, all this rapid increase of city area and this enormous multiplication ‘of its population, swelling from less than 1,000,000 in 1801 to 3,200,000 in 1968, has been in a sense ime | not of design and original plan, but by the force of circumstances over which the citizens and even the government have had little or no control. It is just so with the city of New York. In 1700 New York had a population of only 6,000 souls, con- fined to # narrow neck of land just at the junction of the North and East rivers. Now the city limits in its widest. part. From 1700 to 1800 the population increased about 54,000 or to 60,489; in 1820 the population was nearly 124,000; in 1880 1¢ was 202,584; in 1840 it was 312,710; in 1850 it ‘Was 516,647, and in 1860 it was 813,609, and probably 1s at least 1,000,000 to-day, and ig still growing in business, wealth wand population “with greater Te, ex than ever jut itis not the steady increase of large, metro- Politan cities alone that has to be taken into ac- count. The gradual concentration of business in certain sections of a city and the progress of driving back continually the dwelling houses from the vicinity of business, until the great mass of the eg men are compelled to live quite from their places of business, and to ride ce pe ae gee dees Be ul solve, In- tercommunication between different sections of a rE city, and particularly between the dwelli laces of business gene! must pe easy rend ¢ ae , and quick in order to meet the wants of the community. But how can this be secured when ali the eo thorough- cal and wagons and drays and teams of all kinds? one Who has stood waiting on one side of the Strand, in London, or on Broadway, in New York, for a chance to cross to the opposite side; any one who has wit- nessed the repeated daily bloc! f these great Lope Tequiring the sk: labor of policemen to open a free bam ares f who has seen this cannot but have felt that great tie of city life was, after all, how to secure circulation, how to reconcile easy loco- motion with the existence of a large and active busi- ness population. OMcial Transfers of Renal Estate Yesterday. Ix NRW YORK crry. 99.1) one the TRANSFERS und distant west Houston at, N TRANSFERS ana alent ayy at, oon, art lorn i Wrrhinguon al w 9 $5 9 of igh a, rg i fF souith ay Sash by tw of Smith st, 60x5ax fof Pineapple at, 24,6x100, Ww of Bd wt, 93:8x 181,129) 0 7th ay, 100.8150, 4,200 tn of DO Kalb ay Leol Kyors a fit oF Reta jatko at ay, 5 8) 20 Ch wol Yaron av, Gnd Gravor@ad pilblic highway, adjfiniug & J Sail 4 h Isth aty n ay 10 4, 60.6 thw of Cinsson av, fi NEW YORK HERALD, THURSDAY, JULY 1, 1869.-TRIPLE SHEET. : judson County Real Es- South Sth st, n o, 170% w of Jervey av, 28196. mane uas te meena COUNTT, Sn mnie Johnson st, as, 875 ft @ of New Jersey Railroad at Hays st, w fron Ghar Churob af, 6 0 8, 18 fon at. wanes ae 2 100 ft from. Matahall Bim st, 2 120 trom Golimbla’ wt $6300. Middle Tromout av, 30x963......00++sceecssrsesecavseens BEDEMPTION OF NATIONAL CURRENCY. New Regulations of the Treasury Department. Wasiinoton, D. 0., June 30, 1860, The following regulations are adopted in Lieu of all which have been heretofore issued by the Treasury Department in regard to the redemption of United States currenoy:— TREASURY pee eeer * WASHINGTON, June 7, 1869, L.—MUTILATED OUBRENOY. Matilaved currency 1s redeemable y the Treasurer of the United States at Washington, D. C., and by no other officer. ‘ United, States Notes, Notes presented for redemption the abrasion or Joss of substance from which does not exceed one- twentieth of their original proportions will be re- deemed as whole notes. 1, Fragments of notes will not be redeemed tn full, tushy" pa proof is adduced by altidavit that the parts of such notes have been totall as: \e- of @ note 1g not redee able at all, unless accompanied by such affidavit when presented by the holder. The character of the amant must be certtfled to be good by a magistrate or other public officer. absence of such aMidavit, Pegmenis of exceeding by measurement one-half their nal gurfface, will be redeemed in their proportion to the whoiv note—reckoning as a general rule by twent 5 3, Mutilated notes which have been torn, no mat- ter how much, but of which all the fragments are returned, or defaced, no matter how badly, ao that it is certain they aro genuine, will be redeemed at stroyed, and stating the cause and manner struction. Less than their full face value on presentation. 4, Fragments of legal tender notes for which less than the full value hag been paid will be retained six months, toenable owners to return to the’ Treasury missing parts of such notes and receive the amount eee withheld. Such return should give the lateof the ietter from this office transmitting the original remittance, Interest-Bearing Notes. The rules forthe redemption of mutilated United ‘States notes are likewise applicable to mutilated in- poy oninentae notes. © 4 peepous ‘of two years five per cent Treasury notes separated from the notes of Which they constituted apart are of no value except when presented for redemption with the notes which they belong. Coupons should not be detached from the five per Cent notes except by @ government officer author- wwed to redeem them at maturity. But this reguia- tion does not apply to coupon notes or bonds other than five per cent notes, Fractional Currency. Defaced fractional notes, if whole, are not con- sidered a8 mutilated when presented for redemp- tion, nor 1s an evidently accidental dimtaution re- ducing the note by not more than one-tenth of its size regarded as @ mutilation. 1, Fragments of a note will not be redeemed, un- less it shall be clearly evident that they constitute one-half or more of one original note; in which case & note, however mutilated, will be redeemed in pro- portion to the whole note, reckoning by fifths, ex- cots three cent notes, which will be reckoned by 8. 2, Mutilations less than one-tenth will be disre- garded, unless fraudulent; but any mutilation which leatroys more than one-tenth the original note will réducé the redemption vatue of the note by one- fifth its face value, or if a three cent note by one- third its original value. 3, Fragments of a three cent note will not be re- deemed unless such fragments constitute tuliy two- ‘thirds of the note in ils original form. 4. Matilated notes presented for redemption must be in sums of not less than three dollars of thelr original value. Il, CURRENCY NOT MUTILATED. In general currency is redeemable in accordance with the conditions printed upon each note. Assistant t Lies snd Gepomtaries are expected 38 Treasurers ant to exchange perfect notes for United States notes which are unit for circulation when the same shail be presented for redemption or exchange. e department will receive at its own expense, ‘under the contract with Adams’ Express Company, from any officer of the government, private party or corporation, notes which are mutilated or in way unfit for circulation, notes of the denomination of dollars and notes known as the “convertible issue’? author! by the acts of February 25 and July 11, 1862, BN ate they are sent in accordance with the regulations given ‘herein as to amount an mode of transmission. * Fractional Currency. 1, Ail fractional currency not mutilated shall be redeemed by any assistant treasurer or designated depositary of the United States, ora national bank designated as a depositary of the United States, hav- at et funds, in sums of not less than three 101 2. Before being presented for redemption the cur- rency must first be assorted into the diferent issues—which are easily distinguished; each issue must be assorted by denominations and enclosed in paper straps at least one inch wide, securely pinned; each strap, if the size of the deposit will ad- mit, must contain 100 notes of the same denomina- tion; on each strap must be written with ing the number of pieces and denomination enclosed and the name of the owner. 8, The entire deposit must be securely done up in one package, and upon the wrapper the date of de- the amount enclosed and the name of the owaer must be en@orsed with ink. 4 No less sum than three dollars will be re- deemed, and will be paid for in lawful money of the tes, in the order as to time in which they shall have been received, as soon as the currency Can be counted and passed upon. TIl.—MODE OF TRANSMISSION. When parties making remittances fail to give their full address the remittance will be retained until such address is furnished, accompanied by a satisfac- tory description of the package claimed, . By Express. 1, Direct all remittances intended for redemption 8 oe of the United States, Washington, 2 Packages should be put up in wrappers of stout paper or cloth, tied with strong twine, se- cured with careful sealing and plainly marked on the outside, with the amount and nature of tne contents, and with the full name and Post Oillce address of th consignor, thus:— POLOLOE DECC LELELELEOLEDODDLE LEDS DEDEDE IEEOTE LE HO @ hg Fractional Currency for Redemption, Prom John gkiguaurer of the United Staten ©) i ‘rom John Sm! vi ee frees Obto. asa POOOLOREIOLE DOLE DOLE DOLE DOLE DE DEDEDE DODbH When forwarded under centract that fact should also be stated on the package as follows:—‘For- ray under contract with Adams Express Com- . A letter of advice, written on not less than half jheet of commercial note paper, stating the name and full post office address of owner, the amount of remittance and the manner in which returns shall be made, must be put inside the package, 4, Money for redemption may be sent at the ex- pense of the department by Adams Express Com- pany or by any express with which that company ag Made such arrangement, provided the amount gent 13 $500 or more, or ex $1,000, or @ multiple thereof by $500. This restriction ts made necessary oy the terms of the contract with Adams Express Company. Any expense to which the department may be subjected through neglect to comply with the terms of this regulation will be deduc from the Ecos of the remittance, before returns are made. e 5. Postmasters, internal revenue collectors and their deputies, may remit in sums of $100 or more by express, free of charge; but this regulation is con- fined to the officers named. By Mail. 1, Direct all remittances intended for redemption to “Treasurer of the United States, Washington, D. ©.” Letters or packages addressed as above are delivered by mail, postage free, whether they con- ~~ Money for redem tion, after bet! red 5 redemptiot r being prepared as heretore directed, snag be pealed Sf tied ci in aper of suitable strength, and piainly marked on the outside with the owner's name and full addre and with the amount enclosed; the package shoul then be sealed up in an envelope, together with a letter of advice, written on not less than a half sheet of commercial note paper, stating the name and full post office address of the owner, the value of the re- mittanoe, ‘and the manner ip witeh returns shall be made. 3. Remittances to the Treasurer by mail are in- variably at the risk of the owner. All communica- tions to the Treasurer in regard to pact aecer- tained to be lost in transmission by mail will be re- ferred for investigation to the Second Assistant Postmaster General, to whom any further inquiry on the subject should be addressed. 4. It is a protection against loss to register letters containing money, but the registry fee should in all cases be prepaid by the party remitting. TV.—RBTURNS—HOW MADR. Proceeds of remittances will be returned in all cased to the person who made the remittance. 1. for amounts less than five dollars, unless tnstructions ,are given to remit proceeds by check, will be made in new currency by mail at the owner's risk, 2. Returns for amounts of five dollars and up- wards will ajso be made in new currenéy, if the owner so requests, cither by mail at his risk or by Sear, at his expense, unless the amount shall be $500 or more, or oxceed $1,000, or a multiple thereof by More than $500, in which case express charges will be paid by the department, 8, For amounts of five dollars and apwards, unless new currency is desired, returns will be made by transfer check on oither New York, Boston, Phila deiphia, New Orleans or San I'rancisco, as the owner may request; or if no placo of payment is men- tioned check on Now York will bo sent. In case of the loss or destruction of bis checks 5 et will, upon notrgoation thereof, meas for Saplate witha forks fr fond ot (on of oue mouth Rok tne expiration of th LJ than fifty dollars, uy Sia remittance is from 4n assistant will, 1 desire undertake to iter 10- itd oes tae is 4 it Pe i E it ibe the aut of ih omni ve currency, guch officer or bank to recelve such parcel, and at their option or the owner its value in money or give & receipt conditioned for such of the received from the urer of the United Stat When the same depositor sail be di y bank to whom the deposit is presented to refuse to ay ~ leaned untll it is made up to-at least iy 2, Notes of national banks which have gone into voluntary liquidation and deposited money for the redemption of their outstanding circulation, and of national banks which have failed, are re- deemed by the Treasurer of the United States on presentacton: and when mutilated will be redeemed yy him under these rules as United States notes; attendant upon their other national banks, whether mutilated or not, are redeemable only by the bank which them, 8. Before currency is presented for redemption be restored by pasting; no allowance wiil be made for fragments not parts of the same note, attached to-each other for the pur- pose of avoiding detection, 4. Government officers will receive currency for all public dues in accordance with the condittons expressed on note, no matter how badly de- faced or torn, provided its genuineness can be clearly ‘ascertained and not more than one-twentieth art of each note 18 missing in the case of United ‘tates notes and not more than one-tenth in the case of fractional currency. 6. All officers of this department are required, whenever any spurious note, purporting to have been issued by the United States, shall be offered to S an officer, to stamp thereon the word ‘‘coun- Half notes that have been purchased willin no cage be red i . Observance of the above is enjoined on all assist- ant treasurers and depositaries, and compliance therewith on the of all making remittances to ea g foregoi Tegulations are applicable re F. E. SPINNER, Treasurer United States.” Approved—Geo. S. BOUTWBLL, Secretary of the Treasury. The Flood in Connecticut. (From the New Haven Pecans 30.) ations of te State particulary along’ the Nauga- Pi ick valley. We have received ee fol feet spe- etn :— factories are stopped. It will or ten days to repair it. No d was done to property. About seventy-five feet of the embank- ment of the Ansonia was washed away this morning. No trains below Seymour . Pas- senna and ba etd sae by bp ae Ri — emporary bridge over faugat a y, has been carried away. 1,038 $600. About fifty feet of the ratiroad track was Additional particulars have been following purport:—In the northern Haven county and all through Litchfield county roads have been washed away, embankments de- atroyed, bridges carried away, dams and ditches broken down, streets and Lobe flooded. Along the Naugatuck river and railroad there was a sweep- ing freshet. At Litchfleid station, on‘the Naugatuck road, the river comme: rising between six and seven P. M., and in about an hour had risen eight or ten feet. The highway bridge at this point was var- ried away. Page & Kinney’s paper mill, whicn has ‘been recently was badi the whole of the west end torn out. Camp's mill bere and Castle bridge, on the Naugatuck, below Litchfield, are reported to have been carried away, a8 was algo the bridge below Plymouth. At Water- bury the ditch of the Manham Company burst, flooding the meadows and ripping up the track of the Naugatuck road. it is re. ported ihat the dam at Piatt’s flouring mill at Waterbury was also carried away. The last train over the long embankment near Ansonia had just time to get across before the embankment caved in, and a terrible centey was thereby providential- ly averted. At Litchfleid station ‘was believed ‘om the quantities of furniture that came down the river that a furniture establishment at Wolcottville been carried away. In the cut below the Ter- Tyville depot the earth was washed across the track for @ distance of forty feet to the depth of a foot or more. In Hartford county the storm was also se- verely felt. No trains were able to proceed over the Collinsville branch. At Hartfora the streets, park and railroad tracks were flooded, and several butld- ings were struck by lightning, At Andover, Vernon and Manchester the storm was very severe,-the rain and hail falling in masses, levelling the crops, bi window glass and damaging the Toads. At Wolcottvilie the damage is about $50,000, dam of the Coe Brass Company was carried away. Damage, $5,000. Turner, Seymour & Judd lose about the same by injury to stock and stopping of business. Some factories will be shut a for a month by the destruction of raceways. At insted the Clarke House was flooded and much damage done to dams. At West Cornwall the storm was terrific. A small stream running into the Housatonic rose to an unprecedented height, carried off the water tube of Gold’s mills and caused damage to dams, &c. A channel of forty feet was cut by the freshet between Pratt & Foster's store and Cochrane & Sherwood’s tin shop, The shower extended a little above Falls Village, on the Housa- tonic road, causing much Gamage to the bridges and track, The roads are badly washed in the vicinity of New Hartford and the bridges are swept away. The damage to the Fes v= Railroad ta immense. All the bridges above Woicottville are re- orted down, and regular travel will be interrupted for several days. The Storm in the Northwest. (Fort Wayne, Ind., (June 28) correspondence Cincinnati Gazette.) BY, far the most destructive rain storm witnessed in Northern Indiana was that of Saturday night and last night. The injury to crops in the northwestern counties of the State cannot be estimated, but ts aw- ful. It commenced raining about eight o’clock evening, continul almost the entire night, and swelling streams and rivers to the over- flo of their banks. Old inhabitants say it is the most disastrous of rains visited upon that section during their remembrance. The damage to railroads ‘was not very great, though sufficient todelay travel some, but everything Is now in good running condi- tion again, and no further trouble ts looked for. About two o'clock this morning there was a serious break in the Wabash and Erie i this place, let- ting the water out of the canal for about twenty-five miles, and completely inundating bottom lands and dwelling houses in ita course, carrying outbuildings and fences, and destroying gardens, &c. The loss along the lime of the storm is estimated by thou- sands of dollars. The weather has now cleared, and no farther damage 1s expected. (Undianapolis (June b) jaseeneer ananinn Olncinnatt ‘The rain storm of last night interfered considerably with our railroads. On the Chi and Great East- ern an embankment was was! away near Wina- mac, Pulaski county, by which the trains were de- layed. No Chicago mails have arrived to-day, Other Toads have suffered more or less, Chicago despatches of June 28 state that from ail rters of Northern and Central Illinois and from lowa, Wisconsin, Michi and Indiana, come de- tails of disastrous results of late storms. Rivers, sloughs, &c., are full of water, while the lowlands are nearly covered, Nearly all railroads centring in Uhicago have suffered to a more or less extent by the destruction of bridges and sinking of tracks, In some instances travel has been suspended. At Pon- tiac, Il, John McGregor was drowned while at- tempting to save his property. Hail Storm in Wisconsin. The other day at Fond du Lac there was a hail storm which smashed the glass of the whole town. A writer says:—“Such globes of ice never fell in this section before, many si ‘le ones weighing from four to ten ounces each, and cast in every conceivable shape. Rattle, rattle, pelt, pelt, they came, rebound- ing from the pavement and walks like falling can- nister. For twenty minutes the terrible cannonade ry un- protect i wa to its fury.” The river presented a arly lively appearance and a Wwaterspout formed on the lake. Underneath a dense cloud the waters became agitated with violent com- motion; @ conical di mn was met by a joined to the lake beneath bya spiral column of ‘water which constant sheets of lightning were darting, The Rad was lost sie it of in the storm. A horse was killed by the hail and two per- sous by lightning. NEW GUANO ISLAND IN THE PACIFIC, (From the San Francisco Alta California, June 20.) In mid-oce an, 700 miles west of Sandwich Islanas, our government has extended its possessory rights over a barren island hitherto unoccupied. Some Californians found upon it extensive deposits of guano, and, to protect their right of discovery, they te the United States to plant on it the national . This guano is quite unlike that of Peru. It is in phosphate of lime, without the odor of am- ishes the guano now in market. nicl monia that disti The chief ownership is one of our most enterprisiag firms, whose cavairy equipments are to be found all over Oceanica and its bordering coutingnts, Wo, Who are wasting our rich inheritance by taking away the strength of our land and returaing nothing gave it from exhaustion, have no apprecia- fon of guano, ia Europe, where there valuation, more f guano. ‘‘ give say, “and we will pay tte value.” A chartered @ vessel for the round voyage, one of the owners aas 18, accompanied by Professor Atwood, of our A survey the island, to teat the chemical qualities the guano, to take measures of the extent of the de posit and to carry to London a cargo that will com: clude the demonstration. Professor Atwood haa a reputation in London equal to that he here, and we may soon count the Isl f Dem- lowguayofski among the exports we send abroad te pey for our impo! extravagances, MARRIAGES AND DEATHS. Married. BRACH~MaNN.—In Brooklyn, on Wednesday; June 30, at the’ residence of the bride's parenta, Marc; avenue, by the Rev. Mr, Barnhart, Mr. ALEX. ¥, Beacn to r dest daughter of Stephen A, Ontario papers please copy. CaRR—O'BEIRNE.—On Monday, June 28, In 36 Patrick's cathedral, by Rev. Father MoSweeuey, Simon PEeTsR Care to MaGaIs ANNIE O’BaIRNE. McCorMick—Cox,—On Sat , June 26, by the Rev. E. J, O’Rielly, pastor of St. Mary’s church, New York, Wi ‘T. MCCORMICK to’ MARGARET A, Opx, both of this city. Jost—Gorpon.—On Wednesday, June 30, at the remdence of the bride’s mother, im Jersey City, FREDERIC W. Jost to FANNIB, daughter of the Inte Phtitp Gorden. O’BRian—Woop,—Om Tuesday, June 29, at St. Ann's Roman Catholic Cece, OF. the Rey. Fathor Preston, T. O'Brien to ANNA K. Woop. RicH—Sonorieip.—Privately, on Thursday, June Klroy, D. D., J. MASON Rion you daughter of the late Samuel Schofield, all of this city. SATTERTHWAITE—PENNINOTON.—On Tuesday, Juno 29, at Trinity church, Newark, N. J., by the Rev. H. B. Sherman, FRaNKLIN SATTERTHWAITR, of New York, to Rosaiz, only daughter of J. P, Pennings ton, Esq. SHERMAN—DALTON.—On Wednesday, Juzie 30, by the Rev. Dr. Houghton, CHARLES E. KING Suer- MAN, of New York, to Junta, only daughter of tha late Dr. John ©, Dalton, of Boston, Died. BEEKMAN.—On Tuesday, June 29, GERARD T. BeeK- MAN, aged 58 years. » The relatives and friends of the family are respect- fully invited to attend the funeral, from his late residence, 1,109 Second avenue, this (Thursday) af- ternoon, at two o'clock. OLARK.—On uenenr June 29, at Rutherfurd Park, New Jersey, Ropgrt WILLIAM, infant son of Robert N. and Maggie Clark, aged 7 months and 29 days. ‘The friends and relatives are invited to attend the funeral as above, thia (Thursday) afternoon. Trains leave foot of Chambers street at 12 M. CumMING.—On Monday, June 24, DIANA CUMMING, widow of Thomas Cumming, in the 73d year of her re. *franeral services at her late residence, 137 Waver- ley place, this (Thursday) morning, at ten o'clock. Friends and relatives are invited to attend. Conway.—On Wednesday, June 30, of consump- tion, Peres Conway, aged 34 years and 6 months, ‘The relatives und friends are invited to attend the funeral, from the residence of his mother, 13 Crosby street, on Friday a(ternoon, at two o'clock. Dorgian.—On Tuesday, June 29, DAVID, youngest son of Davia and Margaret Dorrian, aged 1 year, $ months, and 3 days. The relatives and friends of the family are respect- fully invited to attend the funeral, this (Thursday) afternoon, at half-past one o'clock, from the resi- dence of his parents, 172 Delancey street. DoyLe.—In Brooklyn,on Wednesday June 30, TERENCE DOYLE, aged 75 years. His relatives and friends, and those of his sons, Patrick, Edward and Richard, are respectfally tny vited to attend the funeral, from his late residence, 335 Hicks street, on Friday morning, at nalf-past ten o'clock. The remains will be taken to St. Peter's churon, corner offHicks and Warren streets, where a requiem mass will be offered Bp for the repose of his soul, and from thence to the Cemetery of the Holy Cross, Flatbush. FREHAN.—On Tuesday, June 20, MARTIN Fegan, 8 native of Kings cou! Ireland, 44 years. The friends and relatlves are respectfully invited to attend the funeral, from his late residence, Mott Haven, Westchester county, N. Y., this (Thursday) afternoon, at two o'clock. ‘The remains will be in- terred in Calvary Cemetery. FLYNN.—On Tuesday, June 29, after a long illness, MARCELLA, wife of Patrick Flynn, aged 45 years. The friends of the family are respectfully re- juested to attend the funeral, from her late rest- lence, No, 763 Eighth avenue, this (Thursday) after- noon, at one o'clock. Ggxuna.—In Rose, Wayne county, N. Y., om Fri, day, June 25, WILLIAM S., youl gon of Joseptt Genung, deceased, of Hopewell, Dutchess county, N. Y., aged 20 years and 10 montha. Hitu.—In Brooklyn, on Tuesday, June 20, of cholera infantum, THoMas, Infant son of Mary A. Q. and Thomas Hill, aged 8 months and 4 days. ‘The relatives and friends are respectfully 18 to attend the funeral, from his late residence, Willoughby street, this (Thursday) afternoon, at tw o'clock, Also the members of Stella lodge, F, and'A, M., No. 486, are invited to attend. Huist.—On Tuesday afternoon, June 29, after linge! illness, ALTHEA M., youngest daughter of William P. and Phoebe J. Hulst. The relatives and friends of the family are respect fully invited to attend the funerat on this (Thursday) afternoon, at half-past two o'clock. Richmond (Va.) papers please copy. MarTin.—in Charlestown, Mass., after a long and painful illness, MaRy ANN, wile of Andrew J, Mar+ Un, in the 41st year of her age. The remains will be brought to this city for inter. ment, Notice of funeral in Friday's Herald. Martiy.- On Wednesday morning, June 30, HAN- NaH, wife of Captain John Martin, of ship St. vaul, ied 33d year of age. joston papers please copy. Moman On Wednesday, June 80, THOMAS MORAN, of the parish of Kultruston, Roscommon, Ireland, aged 68 years, jis friends and relatives of the family are respect- fally invited to attend the funeral, from his late rest- dence, No. 854 First street, Williamsburg, this (Thurs- day) afternoon, at three o'clock. California papers please copy. MoCartTNgy.—On Tuesday, Jane 29, McCartney, in the 45th year of his age. ‘The relatives and friends of the family are respect- fully invited to attend the funeral, this (Thursday) mosaing, at ten o'clock, from his late residence, No. 241 East Twenty-second street, McCorp.—On Wednesday, June 30, James H, Mo- Corp, in the 30th year of his age. The friends and acquaintances of the family are Pan, meee invited to attend the funeral, from 126 Orchard street, on Friday aiternoon, at two o'clock. McNaB.—Drowned, at Yorkville, June 29, WILLIAM ‘A. eldest son of Jolin G. and Valeria McNab, aged 17 years and 2 months. ‘uneral from the residence of his uncle, d. 8, Hay- dock, No. 11 East Seventy-third street, this (Thurs- day) afternoon, at two o'clock. Nasu.—On Wednesday, Juné 30, Exiza, the niece and adopted daughter of Mrs. Charles Nash, in the 22d year of her age. The relatives and friends ot the family are re- spectfully invited to attend the funeral, from her late residence, 140 Fourth street, Brooklyn, BE. D., on Friday morning, at nine o'clock, to the Church of St. Peter and St. Paul, Second street, where a solemn requiem mass will be offered up for the re- pose of her soul, and from thence to Calvary Ceme- tery. PaxTon.—On Wednesday, June 80, FREDERICK J. Paxton, aged 25 years. Manhattan Lodge, No. 62, F. and A. M., New York, June 30.—Brethren—You are hereby summoned to attend the funeral of Brother F. J. Paxton, from his late residence, 312 East Twelfth street, this (Thurs- day) afternoon, at three o'clock. W. L. HARTSHORN, M. Perry.—On Tuesday, June 29, THomas J. Perry, only son of Robert Petty, aged 28 years. Friends and relatives are respectfully invited to attend the funeral, this (Thursday) afternoon, at two Gronag o'clock, from the residence of his father, No. 298 Seventh avenue. REDFIBLD.—On Tuesday, June 29, NATHANIGL REDFIELD, aged 87 years. | relatives and friends are invited to attend the this (Thursday) afternoon, at four o'clock, from the residence of his son-in-law, Cornelius Fisher, No. 230 South Second street, Jersey City., New Haven papers please copy. SCHULENBURG.—Friends and-relatives, as also the brothers of the Order D. 0. H. and Blucher Lodge 181, are hereby respectfully informed of the death of our daughter ApOLPHINE HENRIETTA SCHULENBURG, on June 30, twenty months. The funeral will take place this (Thursday) after. noon, at one o'clock, from the residence, N Garden street, Hoboken. The afflicted pareuts, De derick and Anna Schulenburg. TYLEE.—On Monday evening, June 28, Jane B. TYLEE, widow of Edward B, Tylee, in the Goth year of her age. The relatives and friends of the family are respect- fully invited to attend the funeral, this (Thursday) at. ternoon, at two o’clock, from her late residence, 58 West Twenty-third strect, VANDERBILT.—At his residence, 361 Fight street, on Sunday, June 27, after a short, but severe illness, Groras W. VANDERBILT, formerly of the Ninth precinct Metropolitan police. His remains were interred in Greenwood Vemetery. Plainfield (N. J.) papers please copy. VAN SLYCK.—At Cheyenne, eee Territoty, on Sunday, June 27, JOSsPHINR VAN AMBURG, wits of William H. Van hee in the Sist year Of her age. VaN TRiIgT.—On Wednesday, June 30, at her late residence, 49 Cheever place, oklyn, WILHRLAING: CHRISTINA, wife of John Van Triet, aged 46 years. ‘The friends of the family are invited to attend thé faneral, on Friday afternoon, at three o'clock, from Boone Place Baptist church, corner of Degraw VAN VEECR.—On Tuesday, June 29, on board hospt- tal ship Illinois, Lieutenant Commander WILLIAM A, VAN VLECK, of apprentice ship Saratoga, formerly of Hudson, N. Y,. 25 years, WaAt.sor.—In Broo! on Wednesday, Jano 30, MALCOLM ROBBINS, Onjy Child of Josepline B. aaa William J. Wallace, aged 5 months. The remains were taken to Syracuse, : _ WATMOUGH,—At Constantia, Oswego county, N.Y. Mes. Many Waraovan, in the 74th year of ber age. Oswestry (Engiand) pens please copy. ‘i Ms Bre. —On Wednesday, June 30, PaTKIOK WEIR, eu 83. z The felends of the family are respectfully tnvdod to attend the funeral, from his late resilence, Nov 38 Kim sérest, on Friday atteraoon, at two o'ciock YELLorT.—In ay, N. J on Wednesday, June 0, WILLIAM YRLLOT, Lite of Cals Puaeral notice