The New York Herald Newspaper, March 28, 1872, Page 5

FINANOIAL AND COMMERCIAL. | THE ERIE SPECULATION WANING. A Tumble in the Shares from 66 to 58. Daniel Drew and the “Bears” Charged with the Mischief. YVanicl Takes Away the Breath of the “Bulls” with an Enormous Sale of Erie. 60,000 Shares at 55, “Seller a Year.” CONSTERNATION AMONG THE “BULLS,” The General Harmony and Buoy- ancy Interrupted. A Flurry in Gold and a Rise to 110 5-8. Governments Up—Moncy Easy—A Pot Pourri of Inconsistencies, WALL STREET, } ‘WEDNESDAY, March 27—6 P. M, On Change to-day wheat was irreguiar and not so firm. The cotton market was strong and Xc. eal MONEY EASY: * The money market was aotive In the earlier hours of the day, and borrowers on stock paid seven per cent in currency and coin alternately. After two clock there was a marked increase in the supply, and at the close the transactions were generally at six per cent. Among the government dealers the Tate of renewal was seven per cent, the fresh busl- ness being t 00 small to merit quotation. Prime paper was quoted 7 a 12 per cent discount, im which range 1s included bankers’ acceptances and mercantile notes, ADVANCE IN FOREIGN EXCHANGE, ‘The further withdrawal of bankers’ bills originally Offered in connection with anticipated smipments of Erie stock to Europe, and the expiration of a number of sterling loans to tho stock brokers hard- ened the rates for bills on London ana necessitated @ good deal of buying by the stock brokers in settle- ment of their contracts with the exchange brokers, The advance in bills on Europe is shown m the quotations, which closed as follows:— Sterling, sixty days, commercial, 108% a 10934; do. good to prime bankers’, 10934 a 1094; do. short sight, 110 a 11034; Paris, sixty days, 5.23%{ a 5.20; do, short sight, 5.1654 @ 5.15; Prossian thalers, 72a 7243 Antwerp, 6.224 a 6.1834; Switzerland, 5.2234 a 6.18%; Hamburg, 357° a 364; Amsterdam, 40% a 40%; Frankfort, 40% a 4114; Bremen, 7834 & 79. GOLD STRONG—110 A 11054. ‘The demand for goid in connection with the set- tlements in exchange and, as reported, the inaugu- ration of a deliberate ‘bull’? movement in anticipa- tion of the usual “summer rise,” suddenly ant- mated the long dull and quiet Gola Room, and col- lected a noisy crowd within its walls, the gathering at one time in the afternoon recalling some of the busiest scenes of the apartment, Several theories are offered in explanation of the risein connection With and in addition to what is saiu above. One {s that the brokers so famous in the gold conspiracy or 1869 have caught the Vanderbilt party heavily “short? of gold, and have started to “squeeze” them. This theory 1s modified again by a represen- tation that both parties are working in harmony, the movement of the original clique having been de- layed until the present occasion, pending the re- cetpt of advices from London, which are now at hand, to the effect that the Bank of Engiand will, to-morrow or next week, advance the rate of dis- count—the expansion of speculation in Great Britain having impelled the bank to decide upon guchastep, Adeciine of % percent in consols is interpreted as a sign of this intention on the part of the bank, although it may be just as readily referrea- to the usual depression at settling day, walch is now athand, On the strength of all these various ipfu- ences gold advanced from 110 to 110%, but closed offerea freely at 1103,. shown in the tavie:— ‘The course of the market is In the gold loan market the rates ranged from 4 per cent for carrying to flat for borrowing. The ee of the Gold Kxchange Bank were as iol- ‘a — Gold cleared.. Gold balances .... The Gold Board voted to make Good Friday a holiday, and will, therefore, adjourn {rom Thursday to Saturday, nnd COMPARISON OF THE EXPORTS, The following shows the exporis, exclusive of specie, from New York to foreign ports for the week ending March 26° and since the beginning of tho jear:— " 1870. 1871. 1872, For tho week... $3,569,550 $4,441,002 $4,078,234 Prey. reported.. 37,826,325 £14,680 48,957,989 Since Jan, 1.. $41,385,883 $58,955,721 $63,016,223 SOUTHERN SECURITIES DULL. The Southern list was dull outside the new South Carolinas, which continued steady and pretty active at 30%¢ a 40, Virginia consols fell off to 58 as @ consequence of the latest muddle in the finances Of that State, North Carolinas went off to 36%. The following were the only quotations made at the last call of the board:—Tennessee, ex coupon, 67a 6734; dO. new, 67 a 6734; Virginia sixes, ex coupon, 5434 bid; do. sixes, consolidated bonds, 58 bid; do, sixes, deferred scrip, 17 9 1734; North Carolina sixes, new, 23; do. special tax, 1544; South Carolina #1Xes, ex coupon, 52 a 53; do, sixes, new, July, 305 @ 40; do, sixes, new, October, 39; Missouri mixed, 95 9 053¢: do, Hannibal and St. Joseph, 92%; Louisiana levee sixes, 62 bid; do, do. eights, 80; Arkansas sevens, 73. THE RAILROAD BONDS. ‘The following were the bids for the railroad trom 1 bonds:— New York Cen 6's, 1888.. 94 In pea Gal & Chic gu Chi, RL & Paciic Mor & x New York Ven 6's, 1867. 913g New poe oo os, an . us n es Rew ork Gen ‘7's, 1876, . 104 con.. $845 Obio & Miss 2d m, con.. 8255 ety Ist m co! cy it Loulsé& [ron M 1s 94)5 Mil &8t Paul Ist mé's,,.107 Mi est Pi io, Pon os at m. imiou Pac lat Union Paci Un Pre inc 10" Beilevilie & So AvaT al aT T Alton & Tol, Chic & Tol, Peo &'War Ghie & N York & NU lan & Bost, Hart & B ay on, Hart & Erie gtd. 4 Cedar F & Minn Lat m... 83% xls Det, Mon & Tol a fan Lake Shore diy 29g ‘alnesy’ ‘Ash, pn Gt Weat GlevivulnewiewAdbold. 9 ANK STOCKS. The following were the bids for the city bank shares:—Manhattaa, 151; Merchants’, 120; Me ohanion’, 190; City, 225; Pacws, 102: Faltom, 160: NEW YORK HERALD, THURSDAY, MARCH 28, 1872—TRIPLE SHEET, Greenwich, 225; Merchants’ Exchange, 94; Seventh { Ward, 101; State ef New York, 113; Commerce, 117%; Mechanics’ Banking Association, 110; Mer- cantile, 126; American Exchange, 11514; Bank of the Republic, 115; Hanover, 10244; Irving, 127; Metropolitan, 140; Market, 125; Nassau, 106; Shoe and Leather, 160; Continental, 94%; St Nicholas, 113; Marine, 165; Commonwealth, 81; Importers and ‘Traders’, 178; Park, 158; New York National Ex* change, 97; Central National, 101%; Ninth Na- fiemal, 109; Tentu National, 75; Oriental, 160; Bankers and Brokers’ Association, 90; German- American, 106 34. ‘With reference to quotations for the above stocks, ‘as well as for all securities deait in at the New York Stock Exchange, it siouid be borne in mind by the public that, under the rules uf the board, the prices 1m all transactions are the rates per cent. Thus 120 for Harlem, Reading or Merchants’ Bank would mean $60 per share, the: actual par of the shares in these several instances being $50, GOVERNMENTS STRONG, The government list in the forenoon was steady and quiet at its recent monotonous range of prices, but with the advance in gold and cable reports of nise of 3¢ per cent in the five-twenties in London the market became comparatively active, and quotations moved up to the new position they are entitled to by the higher figures for gold. The following were the closing prices:—United States currency sixes, 11544 & 11534; do. sixes, 1881, registered, 11424 @ 114%; do, do. coupon, 11534 @ 11554; do, five twenties, registered, May and November, 112 a 112); do, do,, 1862, coupon, do., 112 a 112%; do. do., 1864, do. do., 11234 a 112%; do. do., 1865, do. do., 11255 a 112%; do, do,, 1867, registered, January and July, 112% @ 112%; do, do., 1865, coupon, do., 111 @ 11134; do. do,, 1867, do., do, 1123, a 112%; do. do., 1868, do,, do, 1123 a 112%; do, fives of 1881, funded, registered, 1095; a 100%; do, do. do., coupon, 100% & 109%; do. ten-forties, registered, 107% @ 108; do. do., coupon, 108 a 108%. STOCKS ACTIVE AND IRREGULAR, ‘The stock market was active and buoyant, witha general advance in prices, outside of Erle, which acted very much as if the movement therein had culminated, and underwent a decline for the day of 8 per cent—viz., from 6610 58, The very first sale ‘was at 66, the nextat 65, tae next at 64and thence & “break” to 60, a recovery to 6234, and finally, near the end of business, a second “‘break’’ to 68. The first sale at 66 was so far in advance of what was the level of the cor- responding and controlling price in London that 1t must have been the result of an order to “stop” @ loss on the “bear’’ side of some small speculation. London was weak all day, and the price there fell to the equivalent in our currency of about 6134, Lut must have gone down still further at the clubs during the early evening in order to account for the fall here to 58, unless we attribute the latter to the moral, or immoral, effect of an astounding transac- tion which came to light this afternoon, involving a sale of 50,000 shares of Erle at 55, seller twelve months, the buyers being a number of English capitalists and the seller Daniel Drew. The details of this extraordinary transaction, as they transpired on the street, are given in our local article elsewhere on the subject of the great Erie speculation. Up to this time the other railways and the several miscellaneous stocks which are the usual vehicle of speculation from day to day had been ex- ceedingly strong, and the market gave promise of entering on a career of intense activity and buoy- ancy, the rise in prices by the time the banks had closed on an easy money market haying ranged from one to three per cent, the latter extreme being almost touched by Ohio and Mis- sissippi, which sold at 61%. But the action of Mr. Drew in selling such an immense amount of Erie, the sudden demonstration in the Gold Room and numerous other incidents were all suddenly collected together and interpreted to mean that the Vanderbilt party, under cover of the feint to-day, nad sold out the balance of the stocks which they haa been feeding to the street pending the rise in Erie and joined interests with Mr. Drew and other “constitutionul” “bears” for a grand smash of the market and arapid bear campaign in the interval to the beginning of tho ‘summer rise,” which rise is to be something unparal- leled in Wall street, the money market here, the abundance of money in London, Frank- fort, Amsterdam and Eerlin, and the growing speculative fever in Europe fustered by the plethora of money there, all being expected to conspire, with or without Erie, to set the two continents in a furor of stock gambling. Our speculative fancies are be- coming every day more widely known in Europe, Even in phlegmatic Amsterdam the burgher bankers are beginning to deal in what would be deemed a very rash manner in several of our railway fancies, meluding the Union Pacific shares and other non-dividend paying securities. The contem- Plation of the possibility, not to say probability, of such @ grand scheme to break the market preliminary to all this anticipated inflation and ex- citement in May, June and July next, made some sudden conversions among the “bulls” this after- noon, and before the close of dealings caused agreat deal of stock to be tossed overboard, But lightened of this load the market recovered 4 steadier tone, but with quite a reaction from the highest points of the day, As showing how curlously a stock not ‘usually neglected may be forgotten in so widespread @ business as was done to-day, Reading may be cited as having been utterly ignored, not a single trans- action in it being recorded. The directors of Rock Island have deciared a semi-annual dividend of 4 per cent cash, payable April 23, the transfer books closing April 8 HIGHEST AND LOWEST PRICES. ‘The following table shows the highest and lowest prices of (he principal stocks during tho day:— Now York Central.......++ ay New York Centrai scrip . 16 Os sseesseee ee Eri a cig 91% Northwestern. 81% Northwestern p oa Rock Island.. 115% 68; 6236 81 80% 61 4856 80% 8846 4454 43 Boston, Hartford and 9% 8% Western Union Telegraph .. 4 12 SALES AT THE NEW YORK STOOK BXCHANGE, Wednesday, March 27—10:15 A. M. 1560) U 150 Ears 3 = 3 J J = n a ? Fs = 223°: Se 28 Ses" SgOpeeteseseeene do 800 West Union Tat...i8 200 ao. 10v0 400 se esesasS* ZeeSEs Set E85 ESESSSSSTESETE Wshsa Nf CAH RRB 9456 ww BOW NYO&H iotfs..opg Wig 67 «200 Erle RR. uN 67 bb 68 200 : By fs 140 GOs sees 2 6 B85 20H 80 } ene eate ee 7300 i Bo 8000 C, B& iiss a PaoRi'ng by Mo. is Joys Gan Woes ts BULK 50 = do 400 do 4000 «00 do 4000 800 do. 2000 10 Brie Rt 2000 ao. 2000 oS sant? 4000 300 do au so 8a 8000 800 = do & > ao 40000 4 400 Cevak 60000 10 do 50000 4 80 do 4000 453 50 © do 1000 6 400 sto. a 2000 101%, 200 do. 4 1000 we 40 | do. i, 500 20 Panama 85 8000 7@ 100 NJ Cen 18 1000 96 200” do... 13 8000 1100 Onn say 1000 1100 2 5000 ‘99% 500 814 56 abs 800 817 10 14 70 81g 0 200 2 5 200 ig “ Cy 89 F: 2 is id 100 3g 100 ta 400 Am 40° 800 100Cant 95 500 200 24 107, 200 $m 20 79 West 600 D Te ao i . 723g 500 1244 Taig 500 1235 4855 100 9 43g 200 O16 at i Bas 3800 3 8% 118 17 76 635, 63: 68 6 eesc8 : 2322 Sass. 20000 7 Y U8 6.90, o,'65, n. fiovo Tia fisoous 20,6, er 0000 U 13 4 1 ‘2500 Ut 194g 10000 iH 800 she 2 9) x Weer ny e ‘B00 Ps il as D5 i 7 iio & iy toy 3" 3 9 rte th 8 200 & 82 200 bd Boke uo ary ae ‘800 br 0 495 200 Lake 4 = 2800 4 1200 N 947% «1500 20000 N 897, 300 49 ooo u oes boo & i S34 B00 ry 5u0 Mil a 400 B06 500 bs) 900 . be 2000 1800 . BOG 2600 9% 800 : 60 Second Board— SSSSEZEEEE 900, 5035 a0 Walle rargo © Fi ‘argo Ex... 200N ¥ O&HR......b6 is 1000 do 1800 5049 500 boo” o B0U 50; 600 *. 10000 - 4 5000 89 ‘Tov00 89. 10L 4000 s sees RR 3 Pod 2 Wal Ohio & Miss, Bos, Har & Ei How emdon, 4a Han &8t Jopf. 64 Co. Ckind Gen 96% COMMERCIAL REPORT. Cotton Market Excited, Very Active and Firmer; Recejpts at the Ports, 7,775 Bales—Wheat Dull—Oats Firmer—Rico Ac tive and Higher—Spirits Turpentine Active and Again Higher—Rosin Lower—Whiskey Lower. BESTS 2 WEDNESDAY, March 27—6 P, M. Corron.—A vigorous movement took piace in “shot cot- ton” to-day, which, however, was not general, the business being pretty well concentrated. Messrs. William P, Wright & Co, sold upward of ten thousand bales of cotton, mainly for export—thia forming the heaviest transaction probably ever made at this port. Prices were marked up 3¢c. per Ib. for all des, the market closing strong at the advance, Forward deliveries were excited and 4c, per Ib, higher, clos- ing strong. The sales reported on ’Change sum up thus:— fo-Day, Lat Evy. Tota. ach gg TO Consumpt 1195, Baa 1,687 ec oT 9 016 Tn transit 2918 = 2,918 Total. - 14,610 583, 15,143 —For future (oasis low middling) the sales have been as follows:—Sales last evening jh { a Mareh, 800 at 220.2%; April, 1,400 at 22! Bot at B40 200 at $4 Feo 1d at esc $00 at 22 F660. 1,200 at abe"; Teme, 40 nt at 2%e. ; September, 200 at Ie. Exchange et M4 100 exchange 300 April for 800 May; 1-16c. paid to exchange Aprii for 100 June, Total, bales. Sales to-day up to three P, M.—March, 200 at ne 100 at 223¢¢., 200 at 2a%¢c. 5 April, 700, at 28 5-16c., 2, Wsgze., 400 at’ 22 7-160., BG ar aahge., 10) at 2g “+ 10 at Biie, Bj gett at at 22%0.; May, GW at Bc., EY A Se one HM 283607100 at" 23. 9-160., 800 at BAe." Sid jtem| Di r, 200 each, changed — ales, Grand total, les. Ye receipts at the ports foot up as follows :—Uaiveston, 14; New Orleans, 4,44; Mobile, 1664 Savannah, 100; Charl 815; Wilmington, 187:" Nor- 1718. "The any Tost we ane 0h Tie da Inst ‘year, 9,57 y last week, 4,891. 1 9579 Hates on cotton to foreign’ ports closed as tollows:—To Liverpool, by steam. 4 aA sail, i¢d.; to Havre, by steam, 346. gold; sail, 3c. ; to Hamburg, by steam, 3g4., com- pressed; Ac. A Bremen, by’ steam, 30.” gold, compressed; sail, 5¢c.; to Baltic ports, by sail, %¢. a lc, gold; to Mediterranean ports, by steam, Tc. We quote:— lands, Alapama, New Orleans. Tera. Ordinary, 205, wag 2u ae i ae ae wm 4 Midauing .. + 3B Pa 23 FA Gooa middiini 23% bi ut EY The, quortons are based on eoxton running In quality no more than halt a grade above or below the grade quote CorYE,—There. has been a trifle inore Jaguity to-day, but the market generally remained quiet and prices more oF less nominal. We hear of a sale of 4,500 bags Kio, per Lord Bal- timore, on private terms. We qucte*—Cargoes Bio ordinary, 16 Ibe, 5 do. re 15}ge. @ 15340, ; do, good, Lc. a 16% jc, gold, tn bond, sxty days; Maracai- Laguayta, 180. © 200.; St. Domingo dn le java, 2c. We., gold, duty paid, FLOUR AND GRalN.—Receipts—Fiour, 7,862 bbis.; corn, 85,600 bushels ; oate, 13,300 do, ; barley, 8,600 do. ; corn meal, 853 bags. The market was dull, bat nomi un changed, The sales were about 7,900 bbls, at prices within the range of our quotations, Corn’ meal continued quiet and unchanged, We quot Ro. 2 Meat $4.50 2 86 00 6Wa 6 6 67a TH 70a 7100 6 00a 650 ba 700 xtra Minnesota. 70. a Round noop Oblo, 7Wa 736 Round hoop Ob: 1508 80 Family. 80a Yiu 1a BUS BW a 850 . Ba £8 950 alt dive 40 50a 5 60 57a 650 L100 n 875 660 a 1175 Bia BS 80a 67 ices were enti nominal, thor inter Rite firmer. The sales were edntned o about 10,000 bushels, in lots, at $1 69 for red Pen il 68 for white Cana- da, in bon: was quiet, but a firmer, Saies about fing Steet hh nh ely fee Souheem white nominal at't6e. a 776, Ouse were lizacr, but an Western, afloat. Canad: or gL Oo a Bt oe five ny gules, and praise within ipemnae ‘98. for Western in store, rm tiem FREIGHTS.—The inquiry for Toom still continued berth very moderate and rates showed no materia) chan: The chartering ousiness was quiet but rates firm. Vessels for pe- troleum were about the only ones sought after, The e~ ments re) iy were as follows:—To Liv steam, boxes bacon at 224. 6d.; 12,000 bales by Soe ight eae ve ace aoe es el i ‘in Itallan Dark. 410 tons, hence to. Genoay ‘Leghoru or Naz ples, full cargo of rosin and case petroleum, at ‘ise. for rosin ‘and 2bc. for case; a Hritish brig, lence to a direct port in the Cnited Kingdom, 1,600 bois. refin leum at 3 & British brig, 198 tons, to Pernambuco, general carco, lump sum £475, Rumor Brit bark (now at an out port. from Philadelphia to Continental port, 5,000 bbls. refine petroleum at bs. Lp per pe 4 aloe feel eee for ceentte an ‘and nominal for } altho descriptions are held with firmness. We hear of sales of 125 bbls. New Orleans at from 3c, a 69c. We quute:— New Crop. ia Crop, Cuba—Centrifugal and mixed 180, a =, Cla Ble. a 34c, Ble, w 5c, Bee. a 36c. ey BSc. n 45c. 0c. a 0c, market for spirie turpentine was fairly active and firmer. We hear of sales of 170 vbis. spot at 72}6c,, 200 bbdis, at 72c., 100 bbls. naked spirits at 68¢., 200 bbls, to arrive on private terms, 100 bbis. to arrive at Tlc., closing at 713g¢. a 720, Rosin was in fair demand but lower, The sales were 3,000 bbls. strained, at $3 15 a #8 20; 700 bbis, common do, at $3, 80 bbls. pale at $6 75, 200 bbis, do. at $6 50 a Tar was quiet and weak, A sale was ro- ported of 60 bbis. Washington at #3 25, PETROLEUM.—On "Change to-day the market for refined continued dull and nominal, Holders were rather firmer in their views, but the market is in that condition when it is im- Bossible.to obtain a correet quotation. We quote Dominally 4c. @ Me, for spot or remainder of month, Crude in buil teady at 1250. a 12%0., but entirely nominal at those gures. Case of! met with a hmited inquiry at former prices; held at 273¢c. a 28. Naphtha was dull and nominal at 10¢c. = 1030. for Wentern or city. At the creek the market was was 6 steady on the lower road, but a trifle firmer on the upper; quoted at $8 65 on both roads. The Philadelphia market re- mained quiet but steady, We hear of sales of 500 bbl standard white for prompt ery at 244c., less return. Also ‘9 sale, late last evening, of 4,000 bbls. suitable to vessel at 213¢c. Later we hear of sales in New York of 1,000 bbis, standard white for balance of month at delivery at 8136; bbis. tor pam at For future delivery the aalee wero: =500 and 260 for May aria In Jobbing lots ut 100 bbia. at. 1B Bacon was in good rineipally. for export, and prices were steady, oxes short clear at 73g0, and 160 boxes long cleat reased hogs were quiet and unchanged. City quoted at bo. a OG, for the range. sBeef. was ia Deuter request, but he (ransactions werg light and at former prices. Sales 150 bbis, and tierces at @8a Bll for moss, BIO R'ki2 for extra moss, 816 a $18 for, prime mess tierces, and $18 a G0 for India iness tleroes, Beet hams remained ‘aulet and unchanged in ‘Small’ gales were made within the range of #28 a 827. Cut meats—The market was quiet and Bricee tended in buyers! favor, althougt quotations are nom nally unchanged, There was a moderate business from atore at former figures. We ‘Bmoked shoulders, 6. a Bo. ¢ jam, 10. & month at 812 75. for April at #12 75 tho ‘sales were abo demand, Sales, 1, at Zo, price, 0. fckled shoulders, Be, » 53gc. ; do. hams, 6c. & ‘a0, belltes, Ze, a Se. for boxed oF loose. Lard-- The market for Western remained quiet, was a trifle 3 1,250 Be. tl he matket to-day has been moderately active, fle firmer for all descriptions. ‘The sales were about hee 100 bags Patna at 7390. @ a 240, ‘TEARINE remained dull and entirely nominal. HSUGAR There was a trifle better inquiry for raw to-day, although the market can by no means be called active. Prices were about st Sge., 120 hi 8 at Bic. 1182 Boxes of clayed an and 188 boxes, description not given, was in limited demand, and steady at former figures, uote:—Cuba-Interlor to common refining, 8c, — 8340. ; air to, good, {air refining, 849. a%e.; good to prime retin: jdalr to good grocery. 9igc. a 9460. ; prime cary, @ 10c. ; contrifus vitae, and Soxene moiasses, hhds. and boxes, 7igc. a 8c. ; melado, Havana—Boxes, Dutch standard, Nos. 7. to 9, Se. & 8'c.7 do 1 to 12,90.’ a 940. ; do.. 18 to 1b, 9%. & 10%e. ; do., 16 to 18, 1Usge. a L440. ; do., 19 to 20, Lie, algo. ; do. white, 1144¢, a1244¢. Porto Kico--Common to prima re- fining, 840. a 9340.3 falr to choice grocery, 9igc. a lc. Brazii—Dutch standard, Nos. 8 to 1 Tie. &'940. Java— Dutch standard, Nos. 16 to 12,90. a 94c. Mantin—Superior and extra superior, 7340. a 8)gc, New Orleans—Relining ArAdes, THC. @ Ho, ; grocery do., Pio. a 103¢, TALLOW was in moderate demand and steady at the late decline, Sales 45 his. choice at #/¢, a 815-16c. WATSKEY,—Receipts, 607 bbls, The market was quiet and again lower, Sales were reported of 50 bbls, at 8 6c, DOMESTIO MARKETS, SAVANNAH, March 27, 1872, Cotton in good demand; holders firm; middlings, 2c. a 217c. Net receipts, 100 bales, Exports coastwise, 92. Sales, 960; “Stock, 49,103, NEW ORLEANS, March 7, 1879, Cotton strong; mfddlings, 223%." Net receipts, 4,044 pend feng 4 ae PP ge rer erent Britain, 4,452; to avi ry bales Btocl My sid on MowtLE, March 27, 1872, Cotton firm ; middlings, 217¢¢. a 22. Net receipts, 166 bales, Sales, 1,200. Stock, 86,547. CHARLESTON, March 27, 1872, Cotton quiet, but firm; middlings, 214 Net receipts, 845 bales. Kxporis coastwise, 290. Sales, 100. Stock, 19,051, OswEdo, N. ¥., March 27; 1822, Flour steady and in good demand; sales 2,10 bbis. at 97 75 for No. 1 spring, #8 25 for umber winter, @3 76 for white winter, #9 20 for double extra. Wheat unchanged; sales 4.000 bushels choice white Canada at 8185; two cars amber Michizan at $178; ove car No.1 Milwaukee club at $160 Corn dull; sales two carsat Tic. on the track. Bar- ley held at ¥1 for Bay Quinte. | Rye’ nominally, Bio._ for Corn meal—#1 BU for bolied, $1 50 for unbolted, Millteed unchan; 3, shorts, $25; shipstuffs, 26 a $27; middlings, a $23 a bed per ton. Highwines, le. road fretghts—Flour to mn, B7c.; to New York, B9e.; to Albany, 49c. Cm1¢AGo, March 27, 1872, Flour lifeless, Wheat dull; sales of No, $ apring at 81.19%. Corn nominally unchanged. Oais—No. 2 quiet ashado Stronger at 304c. Kye unsettled and irregular; Qat Bariey firm and stronger; 50c. Bia for pring P ower; Fork sold at $11 30.4 #11 32. Lard weal lower. Sales 250 tierces steam at 8340. a tlerces, for Aprily at 87 200 tierces, for do., at 500 tlerces, for do., ut 93;c. Ruox. dino. & isions | at 8320. Bulk meate neglected ; 370, bid for shoulders, 4c. asked ; sales of clear rib sides Cn a 60. ; clear sides, 6igc, a6i4c- Lave hogs dull and a shade lower at 4 1334 a 14 85. Whiskey dull and lower at 8c. Receipt bola. flour, Sovrye 400). dor bacley and, G00 hore” Ets 000 . Fe, lo. barley an Os. ments—4, Deis four, 4,000 bushela wheat, 21,000 do. corn, 6,000 do. oats, 1,000 do. rye’ and 6,000 do. barley. BUFFALO, March 27, 1872. Flour in light demand; sales Western spring at'86 76 0 7 25; white, $7 50 a $s 50. Wheat dull; sales 400 bushels white Mich! at $171; Duluth spring quoted at #1 44a 8145; No, waukee club, #1 44.0 $1 45; white winter at 1 65 = $178. Corn in light demand; sale 4,000 bushels mixed ‘eatern at 58c, Oats nominal; Western at 45c. Barley quiet; Western, 70c. a 76¢; Canada, 9c, a Ye, AN INJURED MAN LEPT TO PREEBZE AND DIE. Struck By a Railroad Train. Coroner Herrman yesterday afternoon investi- gated the case of Edward Kehoe, the laborer, who, on the 21st instant, was found lying in the hallway of @ house corner of sixty-fifth street, near Eleventh avenue, with a wound on his head, and, apparently, dangerously injured. Deceased had been engaged by the captain of a canal boat lying at the foot of bargin street, North River, to go and take cnarge of the boat. He did so, but during the evening Kehoe became intoxicated, and it 18 belteved he Was struck by a passing train of the Hudson River Railroad, and thrown aside a distance of ten feet and struck on his head, Kehoe, according to the truces of blood, crawled into the hallway of the house named, where he was discovered, bleedin; and almost insensible, at half-past one o'clock A. M. Notwithstanding it was a boisterous nignt, and one of the coldest of the winter, Kehoe was suffered to remain there till seven o’clock in the morning, because the man who saw deceased lying in the cold could not take him in, and no policeman ap- peared to take charge of the sufferer. Kehoe, in addition to his injuries, must have been nearly, if not quite, frozen, and died in a few hours afterward. ‘There seems to be no suspicion that deceased was rposely injured, but it 1s possible he might have aicaoage there remains scarcely & doubt but that he was struck by a passing train in cross- ing the track while inebriated, The investigation Is not yet concludea, and will not be till after a post- mortem examination shall have been made by Dr. Jobn Beach, It 1s & significant fact that at the point where deceased was found embraces a beat of the Thirty-first precinct nearly three miles in length, and as a consequence policemen are rarely seen in that neighvornood. UNIVERSITY OF THE CITY OF NEW YORK, Exhibition by the Jusior Ulnss of 1873—The Webster Prize and Its Receiver. The exnibition of the junior class of '73 of the University of the Uity of New York, which was given at Association Hall yesterday afternoon, was well attended, although the hail was not filled, The audience, consisting cniefly of the friends of the Juniors, attested their appreciation of the several orations by well-meriied applause. The exhibition this year contained quite a novel feature—it was not only an exhibition, but a competition for the Wev- sier prize for the best orator of the occasion. The programme was as follows, the orations being mterspersed with well selected musi “Rel gion and vhe Poet,’ Willlam M. Hoff, Jr.; ‘France and Germany” compared, Alonzo Biauvelt; Mental Cultare,”? Joon K, Brigham; ‘“Jusuce,’’ Frederic P. Jaques; “Wealth versus Education,” James W. Hillman; “Ontvairy,” Clliiord B. Rogers; “College Air Castles,” Edward D. Dudley; ‘Modern Com- merce,” Rovert G. Kemsen, and “Tne Present Stare of the Drama,” hy Heury Perdon, When tne pro+ tonean had been fimshed the President of the iniversity came forward, and, after a few remarks onthe relative merits of tne young orators, said that he thought Mr. Clifford B. Rogers had merited the Webster prize, which was forthwith preseated to him, amid @ snower of bouquets and @ thunder storm of hand clapping. When the excitement ceased the benediction was delivered by @ reverend gentiemau, Whose name did nos transpire, A pot pourri of College airs by the band concluded this quite successful entertaimment, A FATAL RUNAWAY ACOIDENT, CLEVELAND, Ohio, March 27, 1872. The horses attached to a carriage contaming five young men ran away at Rocky River yesterday, One of the wheels of the carriage struck the railing of the briage, throwing the occupants down a steep bank upon @ pile of lumber. Jacob Welker, of Bg gh eae =o iia: Dibble, of e lousiy injured, ‘ibe others ¢ With sight mpries, rps THE COURTS. Interesting Proceedings in the New York and Brooklyn Courts. Motions for Arrest of Judgment—The Bowling Green Savings Bank in Bankraptcy—Dis- tillers’ Bonds—The Case of Michael Hays—Decisions— Business in the General Sessions. UNITED STATES CIRCUIT COURT Motion tor Arrest of Judgment—The Case of Charles Maxsen, Before Judge Benedict. Yesterday, in the case of the United States va, Charles Maxsen, a motion was argued for an arrest of judgment. The defendant was found guilty on the 20th inst, on an indictment charging him with having smuggled into this port a quantity of gold watches, Mr. 8, F. Russell, counsel for defendant, argued that the first count im the indictment was bad on account of duplicity, in that it charged two offences in one count, and also that the Court had nO jurisdiction of the offence, as it appeared from the evidence that the goods seized were landed in New Jersey. Mr. A, H. Purdy, for the government, contended that the objection of duplicity to the count of the indictment could not be taken at this stage of the proceedings, and could only be taken by motion to quash the indictment, which must be made before plea to the general issue and before trial and con- viction, He also a i that the verdict of the jury covered the defect, If any existed, With respect to the question of the jurisdiction of the Court, he Maintained that late decisions distinctly held that the jurisdiction of the Southern district of New York extended to high water mark on the shore of New Jersey, and that the offence of smuggling was com- plete when the vessel arrived in the waters of the Southern district of New York. ne, Judge took the papers and reserved his de- cision, Smuggling Cigars. Another motion, similar tothe above and sub. stantially upon the same grounds, was argued in the case of John Talbot, who was convicted on tne 26th inst. ona charge of smuggling cigars. The Court took the papers. Decision reserve UNITED STATES DISTRICT COURT—IN BANKRUPTCY, The Bowling Green Savings Bank- A motion to attach Mr. Shepherd Knapp, the Re- ceiver of the Bowling Green Savings Bank, for con- tempt, in having refused, as alleged, to turnish a ree neon creditors of the bang, was postponed till UNITED STATES COMMISSIONERS’ COURT, Alleged Forgery of a Distiller’s Bond=The Case of Willium Messick. Before Commissioner Shields, The United States vs, William Messick.—The de- fendant, it will be remembered, was tried in the United States Circuit Court a few days since, before Judge Benedict, on a charge of having forged a dis- tuler’s bond. ‘Ihe jury disagreed. he eviaence pointed to the supposition that the defendant was a Person of unsound mind. He was dischurged on his own recognizances yesterday by Commissioner Shields, and it is understood that Messick will forthwith be sent to @ hospital or asylum for the ne. Alleged Violation of the Revenue Law. The United States vs, James Egan.—The defend» ant was held in default of $500 bail for examina- tion on & charge of doing business as a retail liquor Conor without paying the special tax required by . ‘ SUPREME COURT—CHAMBERS. The Case of Michnel Hayes, Accused of a Murder Fifteen Yenrs Ago. Before Judge Cardozo. Michael Hayes, charged with having murdered, filteen years ago, in this city, James O'Donnell, ina drinking saloon, corner of Roosevelt and Batavia streets, the full particulars of which have been puo- lished, was yesterday morning brought before the Court on a bench Warrant. He was sent to the ‘Tombs to await his trial. Bail will be applied for im @ few days. Decisions. Thomas vs, Burns.—Application denied, New York Fire ana Marine Insurance Company vs. Goodrich et al.—Order granted, McVeany vs. The Mayor et al.—Motion denied ‘Without prejudice; costs to abiJe event. In the Matter of the Application of Wiillam Scott et al.—Memorandum for counsel. Early vs. Hane.—Motion denied, witn leave to Tenew on payment of $5 costs, Smita vs. Dixon.—Memorandum for counsel. Koch vs. Green et al.—Motion denied, without costs. Tucker vs. Tucker et al.—Motion granted. Cambreling vs. Harris et al.—Decree granted. Youngs et al. vs. Youngs et al.—Motion granted. Order to be settled on one day’s notice, Wardenberg vs. Burke.—Sureties bay A Ae Mowry le and §=§6Machine mpany vs. McCready.—Motion demied, with leave to renew on payment of $6 costs. In re the Petition of Philip Grerhardt for Appoint- ment of Guardians, &c.—Order granted, Brainard et al. vs. Gems!.—Motion denied, with leave to renew un payment of $7 costs. SUPERIOR COURT—SPECIAL TERM. Decisions. Before Judge Sedgwick. James Murphy vs. Charles M. Desvrich.—Motion granted, with costs, Joseph Davis vs. The Broadway and Seventh Ave- nue Railroad Company.—Motion grarted on judg- ment of costs of acuon that have accrued since the original reply. William C. Giles vs, Abraham Harman, Jr.—Mo- tion granted, Adrich Neyhart vs, Charles Brinch et al.—Motion granted, bond to be in $250, Richard Chittenden vs, Silvie Chittenden.—See Memorandum for counsel in papers, James T. Ryan et al. vs. [he Atlantic Mutual In- surance Company.—Order granted, Same vs, Mercantile Mutual Insurance Company.— Same. Same vs. Metropolitan Fire Insurance Company.— me, Lyra Ward, Administratrix, vs. William H. Jack- son et al.—Order granted, In the Matter ay Williams,—Default taken, Susan A. Babcock vs. Stephen Cambreling.—Order of reference granted, Martha A, Babcock vs, Same.—Same, Elizabeth A. Babcock vs. Same.—Same, Henry Babcock, Administrator, vs, Same.—Same, COURT OF COMMON PLEAS—SPECIAL TERM. Decisions. By Judge Robinson. O’Gorman vs, Karnack.—Motion granted on pay- Ment of taxable costs as offered, See memoran- dum. Ackerman vs. Hinkell.—Motion denied with $10 costs. By Judge Larremore. yA hg Jr., v8. Pike.—See memorandum for coun- se COURT OF GENERAL SESSIONS. Acquittal of Arata, Charged with Killing Laz- arus Caravanto. Before Recorder Hackett. The trial of Antonio Arata, charged with man- slaughter in causing the death of Lazarus Cara- vanto on the 4th of June, in front of a liquor store in Mulberry street, which was commenced Tuesday afternoon, was suddenly brought toa termination yesterday morning. The doctor wno examined the wound inflicted upon the nead of Caravanto, who lived eighteen days after the occurrence, testified that he found apiece of a brick imbedded in the skull, As the only witness for the prosecution the day before swore that he saw Arata strike the de- ceased with a fle or piece of sharp iron, the indict ment could not be sustained, the proof showing that in the affray ® man named Brown threw a brickbat, After listening to the testimony the prosecution abandoned the case and the jury, on motion of Mr, Joun OU, Mott, tne counsel, rendered @ veraict of acquittal, Sentences. The Recorder sentenced the following prisoners ‘who were remanded a few aays since:— Francis Lynch, who was arrested on a charge of larceny, was placed at the bar and sentenced to the State Prison for five years for an assault with intent 0 rob, judument having been suspended in Novem- r las James Smith, who pleaded gulity to an attempt at burglary, was sent to tne State Prison for wo years and six months. John Casey and Michael Collins, who gave a similar plea, were each sent to the State Prison for one year. Dennis Ranahan, who pleaded guilty to Tegoeny) Was sent to the State Prison for two years, anu Edward Plunket, who made a similar plea, was sent to the Penitentiary for eighteen months, Burglaries and Larcentes. John Waiker pleaded guilty to an attempt at bur- glary in the third degree, the indictment charging that on the 18th of February he entered the clothing store of George Little, 100 Baxter street, and stole louning. by Bay (ha charges with burglartously enter- ing the premises of George Loeser, 88 Spring strect, sud stealing a satchel contaming $ worth of property, offered @ sunilar plea, which Was noceroiger placed guilty to an attempt at PRY, larceny from the person, tie auegation bet on the 15th of February ne stole a waich ant from William Bain, prisoners were each sent to the State Prisom for two years and six montns, Weber pleaded guilty to stealing $123 from his employer, Leopold Schepp, on the 15th of Feb- ruary, and was sent to the State Prison for one Peter Wiederhold, a youth, who, on the 19th of February, stole from his empioyer, Herman Rocke, 336 East Forty-sixth street, pleaded guilty and was sent tothe Penitentiary for one year, William Long pleaded gulity to petty larceny, the chi being that on the 28th of February he stoie a valued at $30, the property of Whit- rt Todd & Co, MR udoiph Benken,' charged with steallng two tuba of putter, valued at $25, pleaded guilty to the minor grade of larceny. Long and Benken were each sent to the Pentten- tiary for s1x months. Allewed Larceny of Pig Iron. The only case tried by the jury was a charge of grand larceny preferred against Cornélius Mahoney, the mdictment alleging that on the 17th of Septem~ ber last he stole about six tons of pig iron from the dock at Piermont, the property of the Ramapo Wheel and Foundry Company, which was subsequently found a short time afterwards on the prisoner’ sloop at the foot of Gansevoort street, A Number of witnesses irom Connecticut claimed to identify the iron. ‘The accused swore that he bought the irom from the captain of a vessel at South Ambos, and produced witnesses who were on the boat with him to corroborate his statement; but their evidence was very conflicting. Witnesses to the good char- acter of the accused were examined, and ata late hour the Court adjourned tilt this (Tharsday) morn- ing, atten o’clock, when the case will be summed up by Mr. Spencer and District Attorney Suliivan. COURT CALENDARS—THIS DAY. SuPREME COURT—CHAMBERS—Held by Judge Car- d0z0,—Nos. 67, 126, 144, 146, 151, 174 SUPREME CoURT—CiRcUIT—Part 1—Held by Judge Barrett, —Nos, 169, R. O, 155, 1209, 1148, 1869, 1050,, 1237, B21, 1297, 100934, 1289, '1491, '1523, 2886, 1015, 7733, 18204,” 1631, 1633, 1537.’ Part 2—Held byt Judge Brady.—Adjourned for the term, SUPERIOR CouRT—TRIAL TERM—Part 1—The samo calendar, Part 2.—Adjourned for the term, } Court or CoMMON #LEAS—TRIAL TERM—Part 1— Heid by Judge J. F. Daly.—Nos, 68, 473, 1066, 1, 2.) By order—Nos. 1929, 1015, 1269, 1409, 1446, 1 1105, 1268, 1647, 1548, 1549, 1550. Part 2—Held by Judge Van Brunt.—Nos. 1033, 1443, 7588, 909, 155) fos] 1663, 1654, 1555, 1650, 1567, 1669, 1860, 1561, MARINE CouRT—TRIAL TeRM—Parts 1, 2 and 38.4 Adjourned for the term, Court OF GENERAL SESSIONS.—John K. Hackett,; Recorder.—The People vs. Hugh McGloin, man- slaughter; Same vs. Patrick Maitne, mansii ter: Same vs, Joon Dunn, robbery; Same vs. John M,) Van Honten, burglary; Same ys, William Johnson, burglary; Same vs. William Johnson and Fran McMahon, allas Frank Wesson, burglary; Same v3. Fuen Kelly, grand larceny; Same vs. 'Catnarin Johnson, grand larceny; Same vs. Michael Moriarty, rand larceny; Same vs. James W. Scoit, grand! larceny; Same vs. George W. Doty and Sherman P, Sage, assault and battery; Same vs. Louis Bleraly assault and battery, BROOKLYN COURTS. UNITED STATES DISTRICT COUAT—IN BANKRUPTCY. The Brooklyn Murket Litigation—Allesed Misconduct of the Assignee—App'ication for His Romoval—Decision of Judge Benedict. in the matter of Ernest Sacchi, bankrupt.—~ ‘This case comes before the Court ypon a petition for, the removal of an assignee chosen by the cmv of the bankrupt. The petition ts filed by Gustav: A. Sacchi, who, sinco the adjudication of bank. ruptcy, has become the sole creditor by the pur4 chase of all the debts, If the petitioner had sought an order for the substitution of an assignee of hi: own choosing in place of the one originally chose! by the creditors upon the ground that he bad b come the sole creditor, I should have felt dispose: to graut the order. But such an order 1s de- clined and the retention of the present assigne asked to be mado dependent upon the decisio of the Court anu the charges of misconduct mad ogainst him in the petition. The complaint against the assignee 18, that, without sufficient cause, b attached two mortgages upon the pankrupt's prop: erty known as the “Brooklyn Market,” one ot $16,000, held by Henry Mull, the other for $30,000, heid by the petitioner, and that he has delayed sale of the property for the purpose of obtaining th rents, in order to spend them in Iitigation. I hav: examined with some care the circumstances unde! which the assignee interposed @ defence to tn mortgages in question, and stopped the foreciosurs proceedivgs taken in the State Court to procure gale of the property in question, and I tlad nothin; to support a charge of misconduct against wi assignee; but, on the contrary, much to justly ni} attack upon the mortgages. I am ‘confirmed, in this opinion by the fact that none of the creditor except the petitioner, appeared to have complaine Of the action of the assignee; that Mull, whose mor’ gage of $15,000 was avtacked ior usury, does not a) pear here to complain; and that when the mort« ‘age Of $30,000, held by the petitioner, who 1s th father of the bankrupt, Was attacked he bought uw all the creditors tnterrested to push the attack at a 1088 Of $4,000, a8 he says, In View of all tne cir- cumstances, Lam inclined to think that it would have been good ground for an application for the removal of the assignee if he had oinitted to attac the mortgages. Nor 1s the method adopted v; him in his endeavor to release this property open to criticism, The charge that he delayed the action of ohe mortgages in order to collect rents to spend in litigation is wholly unsupported by the evidence. ‘the proo’s do not show that he ever collected any rents, or how mucin he has spent in litigation. ‘Ihe assignee admis that he nas paid or become Itabie fur tees in the de- fence of the suits brought to foreclose the mort- gages referred to, but no amount is stated or proved. So lar as the evidence shows, there is no fact waictt Will Warrant the inierence that the defence of the suits Was Interposed for any other reason except ta pretece the property irom what he supposed: to be legal demands. 1t1s true that the ussignee might have sppited sooner than he aid for an order direcung the saie of the property, but when ne did apply the petitioner opposed, and moreover, 1¢13 by No means clear that the property} could, with due regard to the interests of the credi~ tors, be sold earher than it was. If tne petitioner desired tor his own interest to realize upon hia mortgage, proper proceedings on his part in the Court would have given bim relief (1 ition, 611). The petitioner failed to apply to this, and took pro~ ceedings in the State tribunals, thus compelling tha assignee to resort to injunctions in order vo stop nig roceedings there and saved the property for dis< ribution among the credi:ors in this Court, where its distribution belonged. ‘lhe prayer of the peti« tioner 18 therefore denied, with costs of the pro« ceedings to be paid out of the fund, SUPREME COURT—SIACUIT. The Contested Election Case. Before Judge Gilbert, The People ex rel. John P, Douglass vs. Andrew J. Foster.—The jury in this case appeared in Court yesterday morning with & verdict in favor of plain< uf lt will 0@ remembered that this action waa brought to determine whether plaimmuf (a repubil- can) or defendant (democrat) was elected Alaermary of the Eleventh ward. Mr. Foster received the cer- luficate of election and claimed that he was elected’ by one majority. Plain? alleged gross frauds at the election and contested his right to the seat. Upon the announcement of the verdict yesterday Mr. Douglass was congratulated by his friends im the court room, ana it 18 worthy of note that among i a} to shake hands with nin was his opponent, . Foster, COUNT OF APPEALS CALENDAR, ALBANY, March 27, 1872, The following is the Court of Appeais day calendar ie March 28:—Nos, 187, 118, 207, 206, 174, 162, 14, 2. JUDGE DOWLING’S PRISONERS, A Batch of Females Rescued from Randall's Isiand—Are the Police im Collusion with the Harlem Boys? A strange scene was enacted in the Court of Re- corder Parcells at Long Island Oity yesterday morning. Four women, escaped convicts from Randali’s Island, were arraigned. They told stories of cruel treatment and abuse on the Island; but the manner of their escape is singular. Tne women said they had been sentenced py Judge Dowling to siX months’ imprisonment each. Their namey are Ida Muller, Clara Hail, Mary Beeson and Jano Sheban, Ida claims to have been a virtuous girl until sae suffered at the hands of her father, ahd, a¢ the result of a was sent to the Isiand. On Tuesday, Seonk dak: @ long, narrow sailboat, called tne Katie, nove to alongside the docs, and, alter some ersuasion, she weut aboard, They took her to errian Island, where they outraged her, and threatened to throw her overboard when sne re- sisted. The stories of the other women were about the same. ‘They were, however, rescued by differ- ent boats, all halling trom Harlem. Mary Beeson says she Was thrown overboard once, Tne girls ail allege that oue or more of eaci of the boat’s crew, are acquainted With some of the keepers, It }: supposed that the keepers are tn collusion with, them. Recorder Parcells ordered the prisoners to baj sent back. He says it 1s doubtiul if they will be recetved, the keepers have so Often refused to res ceive escaped prisoners. AN EAGLE Smot.—A large bald-headed eagle was? shot at Newburg on Saturday, measuring six fee six juches from tip to tip, He was shot for a Ne York collection of birds, Taey are not generally, molested atthe above place. Twenty-four’ eagi ‘were observed sailing around the same day ani eleven on Sunday. The mouth of Wappingers Cree k} is @ great place for them to rendezvous early eac! spring. They are attracted by the gold Osh whic! are found thereabouts to great numbers, on whic! th subsist. As svon as the river luifly opeud W they go, and are not seen SC Spriy, Poughkeepsie Eagle, March 25. SU Pe