The New York Herald Newspaper, September 13, 1869, Page 6

FINANCIAL AND COMMERCIAL, SUNDAY, Sept. 12, 1869, ‘The past week was most remarkable perpaps for ‘She very sudden change which was given the aspect of affairs by an untoward bank statement, Looking @t the general situation from another standpoint than that oceupled by the gold and stock gamblers the prospect at the opening was one most flattering to the merchants and the business community, whose Jegitimate interests are directly dependent upon a healthy working of the money market. The bauks had gained in their reserve and were in a position to meet the fall demand for money from the South and West to move the cotton and wheat. The prospect at the close is a far different one, and it remains to be seen how Jar mischief wilh be done. As might be expected under such circumstances, the bank statement is the general theme of discussion, The changes are so yemarkable and so inexplicable that the feeling of distrust forthe future of our local money market ‘was in nowise allayed by it, but, on the contrary, greatly increased. The showing last week was 80 favorable that it was hoped the transition to the activity so usual in the fall would be by an easy de- cline, but in the sudden loss of nearly seven millions of their reserve of specie and legal tenders the banks threaien to plunge the money market at once into spasms. The chief feature in the statement is a loss of over four millions in legal tenders. This is aggravated by a decrease of over two and a half millions in specie. Yet the deposits have fallen off only a million and a quarter. The inconsistency of these features finds a paratiel in au increase of loans to the extent of over six mul- lions. The stories afloat during the week of com~ Dinations to lock up greeubacks seem to have some Joundation in the array of facts thus presented, for on no other hypothesis can the incongruities of the statement be reconciled. The totals of the last two statements are us follows: Loans. Speci: Circalation. Deposits. Legal tenders. ‘The changes are Increase in joans.. Decrease in specie. Jncrease in circulation. Decrease in deposits. Decrease in legal tenders Net reserve, Sept. 4 Net reserve, Sept. 11. At the corresponding time last year the net excess ‘was nearly twenty millions, and yet the money mar- Ket in the succeeding November was so stringent that the most extravagant rates of interest were had on call loans, If, therefore, we start out this year with this reserve of the banks reduced to only ten mitlions—or half the som—in what condition shall we find the money market a month or two hence? The “bull” cliques in Wall street may be discon- certed by this state of aifairs, but the events of the past year have shown that the values of stocks have pecome so purely artificial under the influences of clique manipulation that they refuse to obey the natural laws which should operate in such circumstances. The state of the money market has been long since eliminated from the calculations of the bolder and wealthier operators. We had a signal proof of this last spring when prices advanced throughout a very stringent money market. The present condition of our local Minances 18 therefore no criterion for the course Which stocks will take in the immediate future. They may go down or they may go up. It is just as the cHques determine. The blame lies with the cliques, however, for the sudden change in the posl- tion of the banks can be attributable only to their interference. It is known that a combination has been formed to lock up greenbacks and make money tight in order that the small operators who came Ynto the stock market in swarms jast spring and wsammer may be forced to let go their stocks. The Professional operators and cliques have been ‘‘short”* ever since they unloaded to the public in the begin- ning of the summer. A few of the cliques are on the “ball” side, for the lines are never distinctly drawn. It is the effort which the “‘vears’’ are making to de- Press stocks that disarranges the condition of the banks. In a war of cliques the money market would not influence prices. Then the respective combatants would employ the strategy of overissuing stock, or putting down “third rails,’ or some other plan inimical to the real value of the stock at issue. But now the cliques are arrayed against the public, and the latter are very sensitive to tight money. The “anterest account,” then, becomes a very important consideration, and its daily increasing proportions fmghten the more timid and cause a “break,” whieh decline leads others to throw their stocks overboard, and so the “bears’’ succeed. Were the mischief which is thus done confined tothe gam- biers no one outside of their own numbers would complain, But such speculation absorbs the capital of the banks, and the merchant who comes to look for accommodation on his note at threo to six months Is sighted for the stock broker, who can give abundant collateral and pay shaves and commissions. If we inspect the above statement carefully we shall find that the small de- crease in deposits is due to the withdrawal of green- backs and the substitution for them of national cur- rency. Except in the item of specie we believe the banks are no poorer than they were a week ago, ‘but the stock “bears” have contrived to pick out the greenbacks and, by retaining them, startle the street with an extraordinary loss in reserve, They do this at a time when, owing to the programme of the Treasury, only iwo miilions of bonds against the sale of a million of gold, making the total disbursement the ensuing week only @ million of doliars. Mr. Boutwell again has an opportunity Of defeating this conspiracy if he feels #0 disposed. The gold market during the week was alternately ‘Weak and strong, the speculation on the whole be- ing 8 falling one, owing, it is conjectured, to a hitch im the plans of the gold clique by which one party thereof could not resist the temptation to unload and “take profits.” The balance decided to main- tain and renew the movement, which was partially buccessful, but required great perseverance, as the complications in French monetary affairs on which the movement had (gen originally based suddenly vanished with the restoration of Napoleon's health. ‘The course of the market during the week is shown in the table: Highest, Lowest. londay Puesday Wednesd Thursday. Friday... Baturday, 135% a4 Foreign exchange was firmer on the disappear- ance of borrowing rates and the re-establishment of high carrying rates in the gold loan market. Sight sterling recovered to 109, but at the close yielded to 108%, and sixty days was quoted 108% for prime. Southern securities were dull and without feature except for the special tax bonds of North Carolina, which declined, aud the Tennessees, wiich were active and higner. The wild speculation {in the Gold Room, the un- @asiness and activity inthe money market and the general “bear” movement of ihe week ied to a de- line of about two per centin the leading issues of government’bonds. On Saturday, under a temporary bange in the rate on calland through a feeling that the “hear”? movement had touched bottom there was ®@ reaction and prices were gateady,: as follows, at tne close:—United States ourrency, sixes, 109% @ 110; do. sixes, 1881, registered, 121; @ 121%; do. do., coupon, 121% @ 1217,; do. five. ‘twenties, registered, May and November, 121 a 121}4; do. do,, coupon, 1862, do., 122 @ 122%; do. 40., coupon, 1864, do., 1213, @ 121%; do. do., cou- Pon, 1865, \213¢ @ 121K; do. do., registered, Janu- ary and July, 119% @ 1204; 40. do., coupon, 1865, 40., 120 & 120}; do. do, coupon, 1867, do., 120% @ 120%; 40. do., coupon, 1868, do., 120 @ 120%; Ven-forties, registered, 110 4 110%; do, do, upon, 110% a 110%, dn the money market as high as gold interest was ‘PHU for two or three days of the week, but om Sat ‘urday balances were to be had at three o'cloak at five per ov Despit favorable bank statement last week Ahere was @ heavy decline in stocks on Monday and Tuesday, inatgurated by the sale unreservedly of a heavy instaimery of Lake Shore Railway shares held by the Now Yor Central Railroad Company. The 4ecline was from t\xo to ten per cent. The Vander- Dilt stocks were du'U and closed heavy in conse- @once oF she determen; Pf CONAp|IdalipD. The fea, NEW YORK HERALD, MONDAY, SEPTEMBER 13, 1869. . ture of interest was the restoration of Erie to the call at the Stock Exchange and its advance to 3034, It was subsequently removed from the call on the ground of insufficiency in the registration, and the point tn dispute is now before the appropriate committee for settlement. After the bank state- ment on Saturday the market became weak and closed with the following quotations:—Cumberiand, $2); a 334; Adams Express, 5634 a 575g; Wells-Fargo Express, 18% @ 19; American Merchants’? Union Express, 37 a 98; United States Express, 6134; Mer- chants’ Union Express, 10; Quicksilver, 13% a 15's; Canton, 56 a 58; Pacific Mall, 77% @ 7734; Mariposa, Tig a 10; do. preferred, 137 a 15; Western Union ‘Telegraph, 37 a 374s; New York Central, 204% & 20495; Erie, 373, a 37%; do. preferred, 62 a 65; Hudson River, 1815; Harlem, 156 @ 157; Keading, 9614 a 9649; Milwaukee and St. Paul, 76 a 76%; do. preferred, 85's a 85%; Toledo and Wabash, 78\ & 79; do. preferrea, 82; Chicago and Alton, 15014 a 150)s; do, preferred, 150 @ 152; Ohio and Mississippi, 31% & 81%; Michigan Central, 188 a@ 139%{; Lake Shore and Michigan Southern, 1017; a 102; Illinois Central, 138; Cleveland and Pitesburg, 110 a 110%; Rock Island, 1113; a 111%%; Northwestern, 80 a 80}; preferred, 89 a 895. Annexed is a comparative statement showing the shipments of specie from this port last week and during the year to date, together with those for the corresponding periods in 1863:— 1868, 1869. Thirty-sixth week...... $520,525 $50,420 Previously reported..... 65,022, 531 25,217,638 Total... wees e eee $65,352, 05 ‘The specie exports from New York since January 1 to date in the undermentioned years have been a3 follows:— + 3,264,953 I ee ee 37,921,831 Subjoined 1s the total valuation of foreign imports at the port of New York for the week ending Septem- ber 10, compared with the previous week:— ‘Sept, 3. 116,405 405,672 Dry goods General merchan: Total for Week... .....++ ++ $5,522,077 $6,997,373 ‘Yhe imports of dry goods for the week and since January 1, 1869, compare with the corresponding periods tn the two preceding years as follows:— For the week. 1887. 1368. Entered at port... $2,004,237 $1,857,313 ‘Thrownon market, 2,579,187 2,304,205 since Jan. 1. Fatered at port... 63,135,116 ‘Thrown on market 72,787,029 59,772,200 1,296, 630 73,901,050 10,344,146 COMMERCIAL REPORT. SAroRDAY, Sept. 11-6 P. M. CorrEen.—Rio was quiet and we heard of no sales. Prices, however, were steady at yesterday’s unotations. Other kinds were dull but unchanged. Corton was firmer at the opening bul @alland heavy at the close at yesterday's closing quotations. ‘Tere was but ittle demand, and that was almost entirely confined to small lots to supply the present wants of spinners, Sales 960 bales (ineluding 475 to arrive), of which 883 were for spinning and 87 on speculation. For futwre delivery the market was quiet. Sales 200 bales average low middling, for September, at 30%;c. ; 100 do. basis low middling, for October, at 28igc., and 100 do. do, for December, at 26340. We quote sie i 3 yeeipts, 20,089 bbls. flour, 147,509 bushels wheat, 99,261 do. corn, 14,416 do, oats and '2,896 do. mait, The flour market ruled dull ana heavy to-day, but Prices were not generally lower. California flour was dull and nominal. The sales were about 7,00 bbls. For Southern flour the demand was light, but prices were generally steady. The salen were 400 bbis. ” Rye flour was quiet but steady. Sales 400 bis. Corn meal was in moderate demand. Sales 450 bbls. We quote: Ro. 2 State. . On B575 Superfine Stat od Wa % Extra State 6m 675 Choice do. 6a 700 Saperfine Western......- 60a 695 Exra do... « 640 675 Extra Minnesota. . 70a 850 Round hoop Ohio, shipping brand 625— 650 Round boop Ohio, trade brands. 6a 700 St. Louis low extra. 65a 700 St. Louis straight ext 700 7 St. Louis choice dout 800 900 St. Louis choice family. 900 Wo Southern choice and 800 ns bouthern superfi 800 California four (sad gb Rye four. 10: 660 5 bu _ B 636 5 50 i prin; decidedly higher. The sales comprised about 110,000 bushels ‘at $1 46 for # sinall lot of soft No. 4 eprin; FH 50 for fair do" in store, $1 69 for ‘choice do, delivered” $1 48 for mixed apring, 81 Al for No. 3 dow $1 88 a $1 61 for amber winter— main'y at $1 60 a $1 61 for full loads—@1 60 for No. I spring, 1 #5 a 81 75 for white Western, 81 69} = 1 75 for white alifornia and $1 624 a $1 68 for'do. Southern. Corn was dull and lower. The sales were 45.000 bushels, at $110.0 $1.16 for new mixed Wesern, according to condition; @1 17 a $1 18 for white Western and $1 19 for yellow do. were a shade firmer and in fairdemand. The sales we 55,000 bushels, at 65e. a Tlc., closing at Tle. bid for prime loads. Rye was dali and beavy at $1 15a 8117, at which prices there were afew einall aales Western. Barley and ariey malt remained dull and nominal, Fueigure were stil quict, Dut rates, were very frm to all rts. The epgagements were :—To Liverpool, 23,500 bushe 000 bbis. flour at 2 and per steam t"103gd.; cheese at 43x, The charters n bark to Genoa, with 875 hhds. tobaeco at Cadhz, with 1,100 bbls. petroleum; a British ston) to the Continent, with 4,000 bbls, petro- to Trinidad and back, with sugar, on private aB . Od. ; @ bri bark (now in lem, and a bri term GUNNTES were quiet at former prices, viz. :—B: Vic. a 1 othr 38:40a 234c. Bales 100 Dales cloth is boston ide. TAY was in moderate demand and steady at our last quo- tatiol Hops.—The business was small, but prices were without change, thongh favoring payers. ‘Small sales were effected at be. a 12c. for old and Ie, n 2c. for new. HEMP was dull and prices were nominal at the quotations published in our Inst insue. No sales. MOLASSRE.—The market was quiet but firm at former figures. The snes were 250 bhds. Cuba clayed, to go to Bos- ton, at ae, We quote Cubs centrifugal and mized, Sic. 40c’; do. ciayed, 4c. a 490. ; do, muscovado, 43c. a 60c.'; Porto Rico, We. = 70e.; Barbados, ic., and New Orleans, te. . NAVAL Stones.—Spirits turpentine was again fn good demand and the market was firmer, and. prices advanced ‘avout Je. per gallon, closing at 48xgc. 8 44c. for merchantable sales o! at lots, There were bbls, (part to arrive) at 43c. 9 483gc. ; retail lots were selling at 443c. a 45c._ For all kinds of rosin the market was dull but unehan| 6 sales were 500 bbl . No. We quote strained. 2 a 8 40; No. 2, €2 60 a 8245; No. 1, 3 34 25; pale, $4 60 n B5 50; oxtra do. and window glass, a 89. Tar was quiet but firm, at 3 for Washington and 75 for Wilmington, OrLs.—Linsced was selling in amall lots at 9c.a $1 In Other kinds were inactive, but steady at the wublished in our Inst ‘asus 8.—Receipt, 59 packazes lard and 50 kegs do. Pork continued to rule dull, there being no demand except for smail lots, pee, however, were unchan, being quoted #3) 87%4'a $21 at the close were fted to about 700 bbls. In lote at #31 a Bil 1234 for new mess, Brin 308 for prime and extra prime $00 0 Wo 60 for ‘estern prime mess, For future delivery there were sold 260 bbis. w mess for January.at $26 50. Live boga were dull at Ge. a 10'4c., with arriv 1 head. Beef was only in moderaie demand, bat steady’ in value. About 100 bbia. were sold at ‘#13 for plain mess and #10 a # for extra do. Tierce beef continued to rule dull and nominal at 810 2 817 for prime mess, and $20 a #80 for India da. Of beef hans, which were scatce and firmly held, 50 bbis. wero sold at 4260 For cut meats the market was quiet, but prices were Tagen were sold at Lic. Heady.“ ADuU BO pac ag ied shoulders, 18iz0. 1740. or pickled bam, and’ 193ge. a do." Bacon was dull and prices father heavy of f quence, For lard tho market the market was quiet, demand being ght, and prices remained heavy. The salen were 600 pkys. ai Iie. a.19. for No. 1 to prime steam, And 19M. # Liye. for kettle fendered, including 260 pkgs. Tor hile month at Iéc., buyer's option, P2TROLEOM. Crude, in bulk, waa held at 18%6., but there was no demand of moment and no sales were reported, Crude, in bbis., was dull and nominal at 240. Refined was tn highs demabd ‘and the market was beady, though prices no lower. Standard white was quoted So, at the close, The saira were 500 bole. at B274c. cash; 2,00 do., deliverabis next week, ou private tera, and 1,000 40. for Novernber and December at $44c. Naphtie was Gull and nominal at le. m Wige. In Philadelphia the market was inactive, but prices were without change, closing at 42igc, for the first hall of September, and Gage. for the iaat half do, Sales 1,000 bbis. for the last half of September at 3240. Hick.-Of Carolina there were sinall sales within the range of Sige. a¥ige. for common to prime, Prices were aldsc. for dry suited and pick for hams, and 18e. a1 4c, for smoked and ba we 1 steady. STRARINE was in light demand. A few amall sales were m: ithin the range of 19c. 20)g¢, for fair to chotee, in hbds. and tieroes. SEEDS.—Linseed continued to rule dull and nominal at 82 15, cold, duty paid. In Boston 8,000 bags and 4,000 pockets were wold at $2 124, gold. Grass were inactive, but steady in value, . SUGAR.—The market for raw was tolerably ative, the de- mand bein, Cag | from redners, and prices were ravher irmer, cloring at {13c, = luc, for fair to good refining Cuba, ‘he sales were WO hhds. at ll}gc. a 18590. for Cuba ana Porto Rico, and Demarars on private terms, Refined was firm, with a fair demand, 6c. for hard, 15%e. a Lhe c, for soft white, 1biqe. for extra C and 144 . for yellow, TALLOW. The market was quiet, but prices were steady, Salen 75,000 Ibe. at Lge, a 12%¢c., aa to quailty ¥. ite i. The mar were made of t closing mt $1 22 mae ection in. at $1 20 B1 25, COURT CALENDAR—THIS DAY. SUPREME CouRT—CHaMBeRs.—Reserved ci i—- Nos. 11, 12, 26, 48, 40, 43, 40, 48, 50, 54, 72, 76, TH, 8936, 99, 102, 105, 110, Lid) 121, 198, 190, 11, 182, 140, 148, 152, 159, 160, 162. Gail, 165, MABINE COURT.—Non. 3508, 9516, 8473, 2268, 2520, 9590, 3631, 3582, 3633, 3984, A646, 4536, son 3538, 3630, 8540, 3641, 3642, 3643, 3644, 4645, 3646, 3647, 3648, 3640, 8650, 3661, 3552, 3653, tain John Hayman, of Salem, died a few day #incé, aged eighty-four years. He is the last of the fe of the ship ret, lost at sea in June, 1810, ring the war of 1672 be was the first lieutenant of schooner 8' WmnAs ter, ~ ing—pays forty per cent and pel pound of its weight. iDimmonds and sugar must pay cle of necessity, every implement THE CAMPAIGN IN OHIO. Specch of George H. Pendleton—His Views on the National Finances. Mr. Pendleton, in his speech at his residence near Cincinnati on the 10th inst,, an extract from which we gave yesterday, thus refers vo our national finances: Thave tn my hand an oMetal statement of the re- ceipts and expenditures of the federal Treasury, published in pursuance of law, for the three months ending on the last day of Jane, 1869, It snows we receipts to have been, from taxation and sale of public lands, $109,847,618 97, or reducing the amount collected in gold from the customs ($44,021,834. 77) to currency, at 33% per cent, the re- ceipts for three months were $124,651,229 99, or more than $500,000,000 for the year at the same rate. It also shows that, in addition to this enormous amount from taxation, there was realized from loans $44,952,422 20, making a total for three months from all sources, in currency, of $169,000,000. Daring the same time the expenditures are stated for ordinary or paneee, at $66,011,024, or reducing the inverest on the _ public debt’ to currency, for payment on account of forty-four millions, and paid forty-nine millions, leaving an actual payment of about tive millions, but in order to effect this payment was an excess of revenues over expenditures of forty-five millions, and the Secretary paid a premium of $1,374,680, or more than twenty-five per cent, EXPENSES OF ARMY AND NAVY, ‘The army consists of fifty thousand men and costs fifty million doilars a year. The navy costs twenty- five million dollars. lo we need these vast armamenis? For what useful purposes are they kept up? And, if it is necessary to have so many men, why should we have general and staif officers sufficient for an army ten es ag great, It is said (I do not vouch for its truth) that a brigadier general sits in the ante-chamber of the White House and plays usher to the President. An expenditure of fifteen million dollars for the army and eight million dollars for the navy would be a pe ‘The last oficial statement of the value of all property in the United States was $16,000,000,000. The last official statement of the amount of bonds outstanding 18 — $2,172,000,000, Taking these figures as nearly correct the capital in- vested in bonds is -more than one-eighth of the whole. We know that the only tax paid by te bonds is tive per cent on the income, The income for that quarter Was $27,450,406, upon which five per cent would be $1,372,520—that is to say, one- eighth of the capital of the country paid § ), 000, waile seven-eights paid $123,000,000, Active capital engaged in business, requiring labor to make it profitable, supporting men, women and cliidrea, ‘and giving heaith to the commercial and social sys- tem, and Hable to reverses and losses, paid seven- . een nS a tor dollar, as tne dead, inactive capital of the bondholder, which, without labor and without loss, brought bim six per cent iuterest in gold, THE TARIFF. But this is notall. Of the whole amount of taxes thus collected for three months, the tariff duties paid $44,021,834 in gold, or $58,605,445 In currency. Mr. Senator Sherman, I perceive, says this 13 a just, honest, reasonable taritf, based on tne principle of taxing luxuries—not necessaries—and of furnishing reasonable protection to American industry, Let us see. Coral, pearl and tortoise shells are admitted duty free; cameos, diamonds, emeralds, garnets, gems and rubies pay a duty of ten per cent ad valo- rem; bracelets, chains, of gold or silver; earrings, studs, gold rings and manufactured jewelry pay & duty of twenty-tlve per cent; clothing, forty per cent ad valorem and fifty cents a pound 1a addition; hats and stockings pay thirty-five per cent and flity cents a pound in addition; Linen clothing pays forty per cent; gloves filty per cent; sheetings thirty-five per cent, and flannels and blankets thirty-five per cent, an cents per pound in addition; carpeting tnirty- five per cent, and forty cents a yard in addition; sole leather pays thirty-five per cent; giassware forty per cent; hatchets, chiseis and brace bits forty-five per cent; coal oil about thirty per cent; iron nails about fifty per cent; bar iron about fifty-five per cent; pig iron about sixty-five per cent; tea pays sixty per cent; sugar thirty to flity per cent, and salt 125 per cent. And this Mr. Sherman calls taxing luxuries and not taxing necessaries. Jewelry of the most expensive character pays nothing, or at most tea per cent, but hoes and spades and hatchets and nails, articles used by workingmen, pay thirty to fifty per cent. A Jace shawl worn only by the very rich comes in at twenty-five per cent; a worsted shawl worn by women who live by washing or sew- ing—I had almost said who yy Washing or sew- cent for every are admitted at twenty-five per cent ad valorem, but coffee and tea forty to sixty-five per cent. Every article of luxury is taxed lightly. Every art- ¢ of industry, every tool by which the farmer, the mechanic, or the day laborer plies his avocation, 18 taxed heavily. And as if there were a special design to oppress our Western agricultural interests the raw material, such as we produce, is admitted at a very low rate, while the manufactured article 18 largely protected. ‘The manulactured woollen goods are taxed heavily, ag I have told yon, but the wool of our Western Re- serve is subjected to such sharp competition that the farmers there have been almost driven from the market. In every county in Ohio the number of sheep has been largely.diminisued within the last last year and the total decrease 1s not less than 1,500,000, Well has an intelligent writer sald “that our legislators have bluderingly discriminated in favor of the rich against the poor, the idle classes against the laboring classes, and articles of luxury against articles of necessity.” Not blunderingly, for Governor Hayes was m Con- gress when this tariff was revised, and Mr. Sherman boasts that for ten years he has takea part in preparing every law on finance or tax- ation, and both are going around the State congratu- jauing the people that they are so justly, #0 evenly, so wisely and so lightly taxed. Ido not wonder that Mr. Sherman told us at Canton, and toid us truly, that he never knew the diiference between a Tevenus and a@ protective tarlif. These gentlemen, when driven on these points, tell us that the poor, the laboring mea, the farmers, do not ase imported ok and therefore do not pay these tariff duties. ‘t is true they do not use imported goods and do not pay these duties to the government. Tuat ta one of the enormities of this system. The price of the domestic artucle is regulated by the tari, The home manufacturer fixes his price that he may just undersell the foreigner. The consumer ‘pays the price, and he has the exquisite satisfaction of Knowing that none of it into the Treasury, but all of it goes inv the pockew of the manufacturer. Tne Commissioner of Internal Revenue, Mr. Wells, in his last report, says that the duty on lumber paid into the Treasury in 1868 was two million two hundred and fifty thousand dollars, but that 16 cost the people sixteen millions to collect it. The duties on salt yielded in 1367 one million of dollars, but the price of every bushel made in this country was raised to the consumer from twenty- three to forty-eight cents @ bushel. The effect on agricultural interests produced by this tartifl need not illustrate to an intelligent Western audience, You feel it, The effect on commerce is stated Commissioner Wells to be such thatif ships avail ble tor foreign trade were furnished us without cost we could not employ them. ‘THE SECRETARY OF THE TREASURY PAYS PREMIUMS ON BONDS. I said the expenditures were unnecessary and Wastetul, and that they were all in the interest of dea ‘tive capital. The last report of the Secre- tary shows that he is hoarding $11,214,336 in coin, and $12,144,000 in currency. Why? To what good purpose? The customs of a haif year are there. The people are paying six per ceit in gold ag in- terest on the public debt, and the Secretary is hoard- ing this immense amount. Each month, with great parade, he sells 81x or nine millions, and with the proceeds he buya bonds, giving in the market for them twenty-five per ceht above par, They are now redeemable, On their face—by the law—in equity, they are payable in legal tender notes. The holders gave legai tender for them when legal ten- der notes were worth not more than half what they now are, and yet the Secretary of the Treasury in- sists on paying a premium of twenty-five per cent. Twill not argue again this question. I prefer to rely on the authority of Sherman, and Morton, and Stevens and Ewing. They say che bonds are pay! bie in greenbacks. Then they ought to be so pal and tae people are robbed when a premium 1s paid. If they are payable in gold the Secretary ought to pay them im gold, and not buy up the paper of the iv ernment at a discount. [tis dificult to speak of this conduct of the Secretary with the respect which Is due to his high office. “It costa the people, as Mr. Ewing has well said, more than all the frauds of the whiskey Ting, and is scarcely more honest than they, Under this process of paying premium the market value of the bonds has gone up from ten to twelve per cent, and lo! tne Secretary exciaims, “What a marvel of financial ability! My magic touch has, in three months, raised so aie the credit of the govern- ment |" My friend, pay off a few of your notes in the same way; then stint your family, cramp your busi- hess, seize pon the earnings of your children, and ingist on giving to your creditors twenty-five per cent more than your note cails for, and your credit will improve; always provided the public does not consider you @ fool, or the Probate Court does tue consign you to a lunatic asylum, THR DRBL NOT DIMINISHED, And in the inidst of transactions like these we hear of large payments ou account of the public debt, and Governor Hayes congratulates hiunself that im four months the debt has been diminiahed $43,000,000, He says the debt, on the ist of March Was $2,625,000,000, and on the ist of August Was $2,451,000,000, Why, gentlemen, every otner Secretary thought the Pacific Railroad bonds were a part of the public debt. Chase and MeCulloch al- Ways included them. They amount to $64,000,000, Add these to the $2,451,000,000 and the total appears to be $2,545,000,000, or Lwenty millions more than in March, Figures won't Ite’ may be @ very true saying, but they can be so turned and = twist that they convey tw us com: mon pie, who are not Secretaries, but oniy ‘xX payel a very faise impression. if the public debt statement were made on August 1, 1t would show, according to Mr. Chase's ryle of state- ment, $2,662,000,000—according to Mr. McCulloch's plan,’ $2,635,000,000, instead of $2,481,000,000 accord- ing to Mr. Boutwell’s plan, But, even according to his plan, the statement shows an increase of more than eleven millions of dollars of bonds which bear interest In coin, And as fT these causes combined were not enough to palsy trade and produce that stagnation which we call “hard times,’ the Secre- tary has continued the contraction of the currency. On the iat of bey armen a 1865, the ourrenoy, consist- Ing oF bank notes. jegal tender no! amounted to $61,626,000, On the Int of September, 1868, d unsed 071.465, ® coptraction cy September, 1869, consist- ing of the same two items, amounted to $05,920,000, @ still further reduction of $10,000,000, But the Secretary boasts that he has reduced the threo per cent certificates nearly $12,000,000, and the com- pound interest notes more than $10,000,000, These Were used as the reserves of the banks. If they have been thus reduced their places are supplied with legal teader notes, and these am unts must be added to the eg aaa and thus we have @ con- traction this year of $38,000,000. Why, gentiemen, after the close of the war wn 1815 the country banks of Great Britain contracted their issues seven mniilion pounds, and the joy produced by the peace waa turned into agony by the prospect of universal bankruptcy. EFFECTS OF CONTRACTION. Have you considered what contraction brings with it? It brings umiversal fail of prices of apens and labor, while debts, taxes and moneyed obliga- tions remain fixed. The man who has money be- comes much richer, because his money will pay. for more land, more Wheat, more labor. But the man who owes money becomes much poorer, because he must sell more land, more wheat, and perform more labor to pay hia debts, It breaks down all business, because, if prices decline, the more busi- ness & man does the greater his losses. It juces unsteadiness and panic and gives rise only to ille- gitimate gambling transactions. And yet in the resence of these truths—in the presence of this Immense taxation and of this erushing public debt—the administration continues to contract the currency. This system enhances the value of the bonds—it enhances the value of the gold interest—it enhances the value of money, but it requires more wheat from the farmer, more machinery from the manufacturer, more toll from the laborer, to raise the money to pay bis taxes, and it sweeps away the profits of years to pay ordinary indebtedness, We are to do what no nation ever did or ever will do, We are trying to Daya war. debt war taxes with a currency. Great Britain thade the at- tempt for ten years after the wars of leon, but three times in ten years the distress became go great that she expanded the currency, and at last she funded the debt, abandoned all idea of ever paying the principal and repealed the most onerous taxes. ‘The system is radically unjust. ‘The debt contracted on our expanded currency should be paid in the same currency, The dollar which 1s paid should be of the same value as the dollar which was loaned, No device of the public creditor, no scheme of the Treasury Department, should be permitted which will make the dollar which 1s paid worth twice a8 much and therefore be twiee as diMeult for the taxpayer to earn as the doliar which was loaned. ‘This cry for a speecy “return to specie payments” before the debt—which was incurred on an immensely inflated currency—bas been substan- tually reduced 1s @ plan to increase the wealth of the bondholder forty per cent at the expense of the taxpayer—is a device to cheat labor and to enrich hoarded capital; it is a scheme to despoll honest m- dustry of its rewards and to heap treasures upon idleness; it 18 another instance of the fact that in this antemillennial world “to him that hathjshall more be given, and from him that hath not shall be taken away even that which he seemeth to have.” ‘The administration, for the first time in the history of the republic, bas the power to make times hard or make times good—iu other words, it has the power to make money plenty or make money scarce. Who are responsible for the present hard, and I may say deplorable times? Why, of course, the administration, which controls the government in favor of the bondholder; or in other words, the bondholders control the gov- ernment in favor of themselves. Who are responsi- ble for the acts of the administration? Gentlemen, itis you, the people. While the administration has the power to nake money plenty or scarce, you have the power to make the administration do its duty— ahiot from you in October will be sufictent. 1 regard the sugden contraction which has been brought about—a contraction which has ruined thousands of our best men—one of the most heart- less and cruel acts ever perpetrated upon a people by their rulers, I have so often expressed my opin- jon as to the propriety of dispensing with tne national banks, of the substituting legal tender notes for their circulation, and thus saving twenty mil- lions of dollars a year in gold, and as to the best mode of pay! e pobuc debt, that I will not ‘weary you here Tecapitulation. The whole policy of the a@migistration should be reversed. Pay tne debt; pay it hemestly according to the contract; pay it in money as valn@bie as that which was received for it; pay it in legal tender notes; abolish the national bank system; pay off the bonds on which they are founded; save the f pee ly interest; use every appliance of economy and man- agement in advancing this policy. Then when the debt is paid, when taxes are reduced, when seventy- = five millions suitice for the government. when all property is subjected to a just rule of taxation, if it be advisable to contract the currency and resume ments it can be effected without great dis- the inevitable suffering can be borne. specie pr aster, ani MARRIAGES AND DEATHS. Hays—THoMpson.—On Thursday, Sepvember 9, by the Rev. B. B, Leacock, J, HENRY Hays to LILLY eau, only daughter of Amos R, Thompson, all o cl Hupson—Burtis.—At the reatdence of the bride’s parents, by the Rey. T. F. Cornell, SrePHEN R. HuD- SON to SARAH A, BurT?s, all of Brooklyn, Youne—Dovatas.—At the residence of Hugh Tay- lor, Esq., in this city, on Priday, September 10, by the Rev. Howard Crosby, D. D., JosePH ©. Youna, of Milwaukee, Wis., to Macais W. DovGas, of Glasgow, Scotland. Glasgow and Edinburg papers please copy. Died. BLEECKER.—On Sunday, September 12, in the 14th year of her age. ANTONIA, youngest dauguter of Anthony L. Bleecker. The frienas of the family and of her grandfather, Anthony J. Bleecker, are invited to attend the fun- eral, ag ‘Trinicy church, on Tuesday afternoon, at two o'clock. BoWERMAN.—At Fordham, Westchester county, on Saturday, September 11, Saran G., widow of John A. Bowerman, and eldest daughter of A. H. Van Pelt, aged 29 years and 10 months, ‘The relatives and friends of the family are re- fully invited to attend the funeral, from the resi- dence of her parents, on Tuesday afternoon, at haif- past three o’clock. Carriages will be in attendace at Fordham depot on the arrival of the train leaving Twenty-sixth street and Fourth avenue at haif-past two Be var) Bross.—At Jersey City, September 11, Sanan E. Bross, in the 61st year of her age. The relatives and friends of the family are respect- fully invited to attend the funeral, from her late resi- dence, 26 York street, Jersey City, this (Monday) af- ternoon, at two o'clock. CHAMBERS.—On Saturday, September 11, NANcy CHAMBERS, ‘The relatives and friends are invited to attend the funeral, this (Monday) afternoon, at one o'clock, from the residence of her son-in-law, No. 237 West Twenty-seventh street. Coun.—On Saturday evening, September 11, at half-past seven o'clock, after a long and painful ill- ness, Mrs, LoTriz CoHN, wife of A. Cohn, aged 56 years. The relatives and friends of the family are invited to attend the funeral, from her late residence, 314 West Thirty-first street,on Tuesday morning, at nine o'clock. Conover.—On Saturday, September 11, at South Amboy, N. J., Mra, CATHARINE 8, CONOVER, Of this ‘3d year of her age. nd friends of the family, also those of her sons, John T, Conover, Daniel D, Conover, the late Gustavus A. Conover, and of her sons-in-law, Captain P. V. De Graw and Win. Schaus, are respectfully invited to attend the runeral, from her late residence, 312 Weat Twenty-eighth street, on ‘Tuesday afternoon, at one o'clock. Monmouth county (N. J.) papers please copy. Cox.—In_ Brooklyn, on Saturday, September 11, Mrs. ANN Cox, in the 55th year of her age. ‘The friends’ of the family are requesied to attend the funeral, from her late residence, 92 Carli street, (Monday) afternoon, at two o'clock. DoLE.—On Sunday, September 12, WILLIAM son of William G. and Fanny V. Cole, aged 5 months and 13 days. relatives and friends of the family are respect fully invited to attend the funeral, from the resi- dence of his parents, 154 Congress street, Brooklyn, this (Monday) afternoon, at three o'clock. Doprx.—At Woodstock, on Friday morning, Sep- tember 10, PereR DopIn, in the 80th year of his age. The remains will be taken from the residence of his son, at Woodstock, to the Church of St. Vincent de Paul, Twenty-third street, between Sixth and Seventh avenues, this (Monday) morning, where a solema requiem high mass will be celebratea, at eleven o'clock, and thence to Calvary Cemetery. The nti and friends of the family are invited to attend, DoWLING.—On Saturday, September 11, at the re- sidence of her son, Dennis Dowling, Port Richmond, Staten Island, Mra, JOHANNA sDOWLING, relict of James Dowling, a rfative of Bruff, county Limerick, and for fifteen years a resident of New Orleans, aged 62 years. The friends of the family are respectfully tnvitea to attend the funeral, which takes place this (Monday) afternoon, at three o'clock. Boats leave pler 19 North river, at twelve and one P. M. New Orleans and Limerick papers please copy. FLANDREAU.—On Sunday morning, balf-past L1E FLANDRRAU, in his 19th year. family are reapect- folly invited to attend the funeral, from bis late resi- dence, No. 2 Powers street, corner Flatbush avenue, on Tuesday inorning, at eleven o'clock. Fronx.—On Friday night, September 10, Mary Pa..irs, wife of Vincent K, Fronk in the 6sth year of her se The relatives and friends of the family are respect- fully invited to attend the funeral, from her late residence, No. 325 Garden street, Hoboken, this (Mon- day) afternoon, at one o'clock. On Saturday, September 11, AMy Govan, PE of Patrick and Anne Gough, aged The frienas and relatives are invited to attend the funeral}, from the residence of her parents, 168 Mul- berry street, this (Monday) afternoon, at balt-pagt ‘one o'cloc! HiTomcock.—At Harlem, on Saturday, ll, HANNAR Hironcock, widow of John Hitch cock, late of Westchester, aged 74 years, § months and 20 days. ‘The relatives and friends are invited to attend the on Tuesday afternoon, at one o'clock, from ta byterian charch at West Farms. —On Saturday, September 11, Reszcca Lane. ‘The relagives and friends are invited to attend the fuera), t iurther notice, rom the Vharch of the Ascension, West Brighton, Staten Island, om eg at two o'clock, Boat of the North Shore Ferry ‘will leave pier 19 North river at one o’clock. Lerrerts.—In Williamsburg, on Besarday, Soe tember 11, after a short but painful illness, TiTUs Lerrerrs, in his 63d year. ‘The relatives and friends are respectfully invited to attend the funeral, from the Baptist church at Cold Spring, L. 1., on Tuesday afternoon, at two Prclook. ‘Train leaves James slip at ten o'clock LELLMANN.—On Saturday, September 11, after a lngering sickness, AMALia, the beloved wife of Dr. Oharies Leilmann. Friends of the family Invited to attend the funeral, from her late résidence, 81 Kast Fourth srech, le (Monday) afternoon, at one o’clock, La Dog.—On Sunday morning, September 12, at seven o’cl GARRISON La Dux, aged 26 years, 10 months and 13 days, The relatives and friends are respectfully invited to attend the funeral, from his late residence, No, 304 West Nineteenth streeet, this (Monday' evening, ab eight o’clock. Remains taken to Fishkill, N. Y. ‘ishktll (N. nop A ra please copy. MzrwiN.—Suddenly, on Saturday, September 11, at North Conway, N. H,, Miss HENRIETTA MERWLN, Notice of funeral will be given hereafter. MurrayY.—On Friday, September 10, THOMAS Mur- Ray, @ native of Ireland, in the 46th year of his age. ‘The relatives and friends are mvited to attend the funeral, this (Monday) morning, at half-past ten o’clock, from St, Mary’s church, corner of Kemsen and Leonard streets, oklyn, and from thence to Calvary Cemetery, Leitrim papers please copy. MowToN.—At Baltimore, Md., on Saturday, Sep- tember 11, Mrs, REBECCA MoWTON, relict of Jonn Mowton, in the 75th year of her age. MarsH.—On Sunday morning, September 12, Miss Eunice A. MARsH, aged 59 years, ‘The relatives and friends of the bes Shed respect- fait invited to attend the funeral, from her late residence, corner Broadway and Green avenue, Brooklyn, on Tuesday morning, at ten o'clock, East New York cars pass the door. MERRILL.—At Meridien, Conn., on sunday, Sept. 12, GEoRrGs D. MERRILL. Notice of funeral hereafter. McDowELL.—On Saturday, September 11, TaomAs McDowELt, aged 31 years, 2 months and 11 days. ‘The relatives and friends of the family are respect- fully invited to attend the funeral, from his late resi- dence, Barclay street, West Hoboken, N. J., on Tues day afternoon, at two o’clock, without further notice, ELISSIER,—On Saturday evening, September 11, at nine o'clock, JOSEPH FRANCIS PRLISSIER, at the age of 26 years, 2 months and 3 days, eldest son of Joseph Peiissier. ‘The friends of the family and the members of the Typographical Union No. 6 are respectfully invited to attend the funeral, from his late residence, No. 510 Broome street, this (Monday) afternoon, at half-past one o'clock, without further notce, Prrrr.—On Saturday, September 11, JonN P. Perit, in his 40th year. ‘The relatives and friends of the family are invited to attend the funeral, from the residence of bis father, Joseph Petit, 172 Livingston street, Brooklyn, this (Monday) afternoon, at half-past two o'clock. RigLLeY.—On Sunday, September 12, after a short and severe tliness, JouN FRANCIS, Infant son of Patrick and Kose T. Reilley, aged 1 year, 7 months and 5 days. ‘The relatives and friends of the family are respect- fully invited to attend the faneral, from the residence of his parents, 12 Minetta street, on Tuesday after- noon, at one o'clock. TAYLOR.—On Saturday, September 11, at noon, GEORGE W. TaYLor, eldest son of Alvah B, Taylor, in the 33d year of his age, The relatives and friends of the family are respect- fuily invited to attend the funeral, this (Monday) af- ternoon, at 3 o’clock, at the residence of his father, No, 12 Centre street, Newark, N. J. Interment at Westport, Conn. TAGGART.—At 634 Hudson street, after a long and painful itness, Susan Woops, beloved wile of Arthur Taggart, a native of the county ‘Tyrone, par- ish of Dunnan, Ireland, aged 30 years. The friends and relatives of the family are respect- fully invited to attend the funeral, from her late residence, 634 Hudson street, on Tuesday afternoon, at half-past two o'clock. TAYLOR.—At Newark, N, J., on Saturday, Septem- ber 11, GzoraE W. TaYyLor, eldest son of A. B. Tay- lor, aged 33 years. Interment at Westport, Conn. Twica.—On Sunday, September 12, after a short iimess, WILLIAM M., youngest son of Denis J. Twigg. ‘he friends of the family are respectfully invited to attend the funeral, from the residence of his father, 334 Madison street, this (Monday) afternoon, at two o'clock. THoMPsON.—In thig city, on Saturday, Septem- ber 11, THOMAS THOMPSON, aged 25 years. The funeral will take place from his late restdence, No. 16 Hubert street, this (Monday) afternoon, at two o'clock. His friends and those of his family are Tee, invited to attend. rookiyn papers please copy. VALENTINE.—In Brooklyn, on Saturday, Septem- ber Hy Isaac VALENTINE, 36 years and 4 months. ‘The relatives and friends are invited to attend the funeral, from his late residence, No, 201 State street, a oc street, this (Monday) afternoon at two o'clock. VAN BEUREN.—On Friday, September 10, ADELINE ‘Van Beuren, wife of John Van to attend the funeral, on Tuesday ufter 4 o'clock, from her late residence, 363 West Sixteenth 8 treet. WaTson.—At hia residence, in Westchester, N. Y., on Sunday, September 12, IsRAEL H. WATSON, 1D re. the 72d year of his The relatives and friends of the family are invited to attend the funer: from_ his late residence, Tuesaay, at twelve o'clock. Trains leave Twenty- sixth street, Hariem Ratlroad, at nine A. M. riages will be in waiting at Williamsbridge depot. Wuire.—suadenly, at Toledo, Ohio, on morning, September 10, Mrs. ELIZABETH W. WHI relic of the Rey. Samuel White, ~ remains will be brought to Staten Island, and the funeral will take place at the First Baptist chureh, Graniteville, this (Monday) afternoon, at two o'clock. jages will be in attendance at Port Richmond, on thefarrival of the boat which leaves pier 19 North river at twelve o’clock. ‘Wi1son.—Ia Brooklyn, on Saturday, September 11, NELLIE, youngest daughter of the late John and Margaret Wilson, aged 4 years, 4 months and 19 days. ‘The friends of the family are respectfully invited to attend the funeral, from the residence of her mother, Skillman street, corner of Park avenue, on ‘Tuesday afternoon, at three o’clock. Woopwarp.--In Brooklyn, on Saturday, September 11, of heart disease, after a long iliness of acute suffering, patiently endured, Eowarp F, WoopwakD, aged 71 years, 4 months and 29 days. ‘The relatives and friends of the family are respect- fally invited to attend the funeral, on Tuesday after- noon, at two o'clock, from his late residence in Her- kimer street, seventh house southwest of Albany avenue, without further invitation. Chicago (Ill.) and London (England) papers please copy. DENTISTRY 4 \R. DODGE.—TEETH AT 810, #15, $90 AND 8% PER fet, No. 28 East Twentieth street, near Broadway. EETH EXTRACTED WITHOUT PAIN—12 YEARS; BE- Pee BOTS. TAY VILE RB, 155 JAY 155 Grand, near Broadway. filled and built up to original shape and color without pen Nineteenth street, near Broadway. means of all; best artificial Teeth at lowest possible prices. HE MOST PAINFUL DECAYED TEETH OR STUMPS with cheoplastic gold. 25,000 testimonials. Cheoplastic inserted without extractions at Dr. SIGESMAUD'S, 30 war CORALITE FOR FILLING TEETH IN Worst stages of deeay, without pain; price within, the 5 East Twenty-vlghth street, between Fourth and Madison avenuer. _ FRENCH ADVERTISEMENTS. NE FRANCAISE, PARLANT ANGLAIS, AVEC DE bonnes recommandations, desire une place comme bonne d'enfants ou femme de chambre. S'adresser au 189 East Broadway. CLOTHING ALM MARKS, SIXTH AVENUE, OPPosiTe + Bighth street, —Ladies and gentlemen cin receive the fall vaine in cash for their Cast Off Wearing Apparel, Dia- mond, Jowelry, Carpets, Furniture, &c. The best you ean do is please to eal at my éstabiishment or end nw a note; the number agabove. Ladies waited upon by Mra. Marky True you will be dealt with to your satisfaction and benefit. TH. ROSENTHAL'S, 61 THIRD AVENUE, NEAR Tenth street (formerly 868 Bowery)—Ladies and gentie- inen onn obtain the highest valne for Gast-off Clotiing, Fur- nitire, Carpets, &o.. by calling or addressing, Ladies at- tended by Mrs, Rosenthal, 7 197 THIRD AVENUE (OLD NO, 12% LADIES AND ntlemen receive highest prices for Cast Of Clothing pean ta, Call on or address 8. MISH, Ladies attended iat, ‘ AT By MINT?'S) 608 SIXTH AVENUE, BETWEEN Thirty-firat and Thirty-kecond streeta.Wanted, #75,000 Worth of cast off Clothing, Carpets and Jewelry for the Western and Californiatrade. Ladies and gents, we guarat tee to pay the highest prices in cash for the above articl callor @ note will be punctually attended to by Mr. or AT /E, ONE DOOR FROM WAVER 4A. ley plnce.—Ladies and gentiemen will be astonished at the prices F. HARRIS pnya for cast off Carpets AR we have to fill a large order for the Western per cent more than any other dealer in on or senda note to F, HARRIS, 71 by Mrs. Hi T1SIXTH AVENUE, Al EDWARD MILLER, 136 (NEW NO. 160) SV- nth avenue, near Nineteenth street. Ladies and gen- Hlomen having 0 ny’ cast-off Clothing, O ) Diamond, dewey ry dispose of Scan receive the ralué in cash ary a on or eddressing. Ladies attended to by Mra. TTENTION.NEW ORDERS RECEIVED TO PU chase Wearing Apparel, Carpets and Household Furnl- ire, which must be sent in future time. | We promise to pay o {0 per cent more in cash th olne, Salreasing Mr. of Mra; MONENBERG,' 248 Bevetth nue, one door above Twenty-fourth treet, AT ITHE SOUTHERN AGENCY, 182 SEVENTH AVE: ote ‘wishing to diepose of thelr ouet-off Oloth pein a one a “of ‘urniture, wit please call or send a note to MINTZ, enue.” Ladies waited on by Mrs, MINTZ, ee an ASTROLOGY: —MAD, WALT! DI8TI ISHED CLAIR A, toyueh Tran or tr brerytniagcaloknena, businese {hey nates; gambar, ged Junk, 6 eS ns ADAME HOPE—BY ISTERY ON ALL AF- Miter Sakon Rigpiv-inird rect, Ladies, ¥1; ‘ promined MOR GAT B enn LARGE ASSORTM! OF FIREPROOF SAVES, A tam and second handy Tor ofce aint tor uss, ebeepy Gannon street, between on. i PATRICK. AX® OLD ESTABLISHED OYSTER SALOON FOR sud cheap. ingure at ‘Third avenue, between Twente and Twenty-first streets. — A ~—FOR SALE—A LARGE WHOLESALE AND RE4 z, tall Liquor Store, finely located; 4 years’ icense " lease pens splendidly fitted up ; a bargain if sold this week ; owned! other business; will stand in est! jon. ““DEYO & SLEIGHT, 3 1rd street. FIRST CLASS OYSTER SALOON AND REBT, rant for sale at 203 Chatham street, bits A® EIGHT YEARS ESTABLISHED HOOP 8kIR’ Corset and Ladies Furnishing Business, with Le: ‘and Fixtures, for sale; two storgs in one; the best front an the best show inthe city, Tht stores are also well adaj either for a fur or clothing business. Inquire for three at 233 and 285 Hudson street, near Canal atrect. LARGE, FIRST CLASS MEN'S FURNISHING BI neas, Stock, long Lease and Fix og, for, sale; situal Dear the new Post oflice; established in 1864; having » and profitable trade this stand presents a rare opportunity legitimate business men, and will be offered on reasonabl terms. Apply to ALLEN’ G. FOWLER, No. 8 Park row. A —FOR SALE, BOOK AND STATIONERY STORE! . Goods bt Fancy Goods and Dressmakin, Dr ores, Fancy a Stores, Soap Factory, Vi Factory, Barrel and Cooperag Business, Liquor #to1 llaard Saloons, Olgar Stores, Rese taurants, Hotels, Bakeries, Confectioneries, Groceries; Jery sey City and Hoboken Liquor Stores, MITCHELL'S Store Agency, 77 Cedar street, wi a a GOOD, SAFE BUSINESS FOR SALE.—WILL BS sold cheup for ¢: For particulars apply at 109 Fourth avenue, near Twelfth street, Up stairs, ; good reasons given for selling. ‘atre USINESS FOR SALE.—THOROUGH INVESTIGATION invited; best of reasons for welling; capital #5,000, Adé dress B. F. 8., Herald office. ah, (CHANCE SELDOM OFFERED 70 BUY A NICE GON q / fectionery and Saloon, with Tools, &c.; in proximity schools, Will be sold cheap, as the owner has to leave the city. Apply at 413 Second avenue, T)BUG STORE FOR SALE—EXCELLENT LOCATION well fitted up; grad stock; doing a paying trade. W be sold low if bought this week, as owner haa other busin to attend to, Address box No. 30 Post office, Paterson, N. Jey RUG STORE FOR SALE-IN LARGE MARBLI buildings, corner of Court and Harrison streets; best Mand In Brooklyn. Apply as above for terms, or to PADg DOCK & CARMON, Su Nassau street, New York. RUG STORE FOR SALE—LOCATED IN THE OF! tre of business ; !ong established; will be sold cheap applied for soon. Inquire of W. M. HALSTED, Patersony ~ — DRUG STORE FOR SALE —WORTH $3,700; WILL ACS cont of any reasonable offer of sell at invantory ; clea oft, $2400 fast year; rent $125; a bargain. ‘Ad ic UGS, box 814 Newburg P OR SALE--A HALF INTEREST OR THE WHOLE OW a first class Confectionery, located at Binghamton, Ne ; terms easy. Inquire of A. SLAUSON & CO., 12 Collegd. , OF SMITH BROTHERS, Poughkeepsie, N. ¥. OR SALE—SECOND HAND AND NEW ogame a Connters, Tables, Desks, Otte Railings, Bank Parth pply at tions, Sash, Doors, Shelving, ‘ce. Must be sol Hudson and No. 9 Vestry street. OR SALE-MEDIUM SIZE FIRE AND BURGLA Proof Safe, of the best manufacture and nearly new. can be bought af haif its value, Inquire of J, SCHORT, I Broadway, near John street, in basement, por SALE—A CONFECTIONERY (NEWLY FITTE! up with a large new awning) and Ice Cream Saloon auitable to keep coffee, tea and chocolate, A rare chanct The owner having other’ business to a.tend to will sell 1t at a sacrifice—$250, Apply at 371 Bleecker street. NOR SALE—A FIRST CLASS SET OF BUTCHERS Fixtures, cheap. 71 Washington street, corner of Baukg OR SALE—A NICELY FITTED UP CIGAR STORE! well stocked and doing a good business. Reasonable Call at 108 Canal st, (OR SALE—AN OLD ESTABLISHED CORNER Li quor Store.-with two years’ Lease of whole house and full license till July next. “Apply to D, SHEA, in the sto1 535 Pearl street. POR SALESTHE LEASE, AND, FIXTURES, wit! ‘Agencies, of a Dyeing and Cleansing Establishment, no doing & good business; an energetic man can make money; will be sold cheap. Apply at 44s Sixth avenue. he (OR SALE.—LEASE, STOCK AND FIXTURES OF fe Furniture Store, established over twelve yeurs by the resent owner. Inquire in the store, 124 Atlantic street,’ rook lyn, Bs Woe SALE.-A BAKERY AND CONFECTIONERY, with Ice Cream and Oyster Saloon attached ; also Bre: Route with Horseand Wagon. There is a first class Soa Fountai nd Generators, all in good order. Lease, two ant ‘a half years unexpired; price, $2,00. Inquire of W, HAR RIOTT F's SONS, ‘wholesale flour dealers, 124 Charles street. - YROCERY STORE FOR SALE—DOING A GOOD B J wines; satisfactory reasons given for selling. Apply the store, 540 West Twenty-seventh street, New York. ARGE HOUSE, FULLY FURNISHED, FULL O boarders, for tale orto let; rent $800 monthly ; quarterly advanced; Fifteenth street; owner in bad health; woul Doasd with family, Address INWOOD, station D, Post office g 'Y ONLY REASON FOR SELLING MY BUSINESS: a Real Estate Broker {s that I am retiring from the fie! atter five years’ success(ul prac Having extensive cx nections with builders and speculators an ener; ter largely into my labors; rent and price asked nomini enter AMURE KILPATRICK, Bull's Head Bank Buildings. 4 PPOSITE GOLD EXCHANGE—A NICELY PITT up Lunch and Sample Koom; Fixtures and low for $1,200; but little cash required. BUCKLE 4 DAVY, 162 Broadway, room 13. 4 A LARGE ASSORTMENT OF HERRING’ ‘in’s, Lillie'sand Wilder's ba gs Bales to be sol AMERICAN STEAM SAFE CO., ee arvi cheap. $4.00 WILL BUY STOCK AND FIXTURES 0) b Fruit and Confectionery Store on Sixth avenueg low rent; good business location, "Apply at 745 Sixth ar $50 WILL BUY, IF SOLD IMMEDIATELY, TH! ye old established corner Bar and Restaurant, 1! ighth avenue; four large rooms, entrance in West Tw tieth street, business good, in complete order. BOO WiLL BUY ONE OF THE PRETTIEST 8A: q ple Rooms in the city; locatfon uptown. Ad jample, Herald office. 5.500. A SHOURISHING GENTS’ FURNISHIN po.) |. Store in Brooklyn can be secured tf appli for soon. Part pay down, part on abort time if desired. Ap to. MCHARG, 7 Cedat street. PPAR ASOD 9 CRS URS AT MIDDLETON & ROAKE'S NEW AND SECON hand machinery depot, corner of Water and Do atreeta, several fine portable and other Engines, Boile Pumps, Heaters, Tanks, Pulleys, 40. A WEESHIE'S | IMPROVED | BOILERS, + ofteet Inereane of power and economy in. fuel; Sta and County Rights to build these boilers for sale. Addi HUGH LESLIE, Sole Proprietor and Builder, Jersey Cit GEARING, PULLEYS, HANGERS AND STEAM E! S_GINES MANUFACTURED AND FOR SALE AT TH. GALLATIN & BREVOOKT MACHINE WORKS, NO. FRONT STREET. Craig's Patent Stationary and Marine Quoillating nein with balanced valve and adjustable cut-off. Gallalin & Bi ving procured from Messrs. Wood, Light Co, one of their patent Shafting Lathes, toy lant of other tools, have determined specialty. They will keep a stock on han order. Everything made to standard ala ECOND HAND LARGE POWER SHEARS, WILL CU' half inch iron; small power a oae small Dicks hand Punch, blacksmith’s Bellows, Tools, 4c., cheap. At Cannon street, HE BEST PORTABLE ENGINE IN THE COUNTR made in Engiand, used scarcely any, has direct and versing motion, le cheap. #, MoSWEGAN, 29 Water street, near Roosevelt. ANTED TO PURCHASE-—-ONE HAND OR STEAI Power Machine, to granuiate and cut tobacco and Daceo stems. Address MENGONI & CO. No. 6 Cathart street, on Monday, 13th. jj Sah Pie Bie! __ MEDICAL, SPECIALTY.—DR. R. CORBETT, MEMBER OF AA FF Go Medica’ Golleye and B.C, Surgeons, London, e ie consulted ns usual on private dineasea. Onion, 20 Céat street, near Chambers, N, B.—No fee unless cured. A™ PRIVATE DISEASES ase nen without mercury. Office and consultations very privi ‘Dr. HARRISON, 177 Bleecker stree t GREAT AND SURE REMEDY FOR MARRIE: Indies, —The Portuguese Female Pills always give inedinte reitef, being spectally prepared for married Indi ‘A indy writen '—These piiis relieved me in one day, without inconvenience, like magic. Price 8. Dr. A. M. MAUR CEAU, office 189 Liberty sireet, or sont by mati. A LADIES’ PHYSICIAN.—DR. H, D. GRINDLE, 1: « West Twenty-aixth street, near Sixth avenue, having 18 years succesafitl and uninterrupted practice in this. efty guarantees certain relief to ladies, with or without medicin bad to the most — in 24 hours. Elegant room for jen re DK. A ~YADAME, GRINDLE, FEMALE PHYSICIAN 18 Weat Twenty-siath street, guarantees relief to all’ f mal comulaiuts. Pleasant rooms for nursing, CERTAIN CURE FOR MARRIED LADIES, WIT! A amranotiea oy uiter Herta i iwitery ; farw practice. Female Tiiig, No i, price #1, oF No. B specially p 1 married Indios, price §B, rch Rover f althy. Sold omloe, treet first ‘door from Fifth avenie, anid at Greenwich street, or sent by mall. Caution,—All counterfeit, ee 2 IN CURE FOR LADIES IN TROUBLE, B' Srv ANe 94 Chatham street, Powerful Monthly Pi and Mixture, $5. Circular free. ; LADIES’ GREAT BENLFACTOR—SUCCESSFUB mediately. Dr. EVANS, 4 Chatham powerful medi ¢ines; also gentlemen treated private diseases cured; m: hood restored. RE CURE WITHOUT MEDIQINE IN 22 HOURS Dr id Madame ESTELA, 15 ast Tniricth street, net ‘Madiaon avenue. R. COOPER, 14 DUANE STREET, CAN BE cone lted on vate diseases; thirty-four years’ practi gables Mimi fake perfect cures OF wo charges made. [MBORTANT 20, FEMALES. DR. AND MADAME D7 BOIB ( Y practice) guarantee certain relief to fled adios, with or without mnedicine, at one interview, Fi Peas Seats ncaa oe ie au . Iha'Eaat Twenty-elghta street, near Third avenue’ - L988, OR MANHOOD from bel geo of yout or even FDr. LEWIS, No.7 Hench s dhiciktinslAinbonlishlnensiinienlinnitidinaaatintanbilinenatigonas MADAME LICHTLRACH, FEMALE PHYSICIAN FRO Paria, | Oflce 18134 Bowery. i a Rellet’ 4 nee 4 gure for rit] tinea IMPOTENGE, RESULTING ‘enue, young, middig manly vi