The New York Herald Newspaper, March 29, 1872, Page 8

FINANCIAL AND COMMERCIAL. STOCKS STRONG AND BUOYANT. ERIE QUIET AT 57 A 59. ‘The Speculation Running on Other Features. New York Central Wanted in London. Pacific Mail Still Hoping for an Increased Subsidy. Gymnastics in the Market. Money Vigorous Fedestrianism in Pursuit of Funds at 1-8 Per Cent. THE GOLD MOVEMENT SUBSIDES. Governments Lively and Advancing. Foreign Exchange “Off”’—A Sharp Decline in the South Carolinas, WALL STREET, } THURSDAY, March 28—6 P. M. On ‘Change to-day wheat was unsettled and heavy. The cotton market was strong and higher, but toward the close lost a portion of the advance, MONEY STRINGENT. ‘The money market opened easy and the offerings early in the day at 7 per cent were so abundant that borrowers became confident of continued ease and were in no hurry to supply their wants. As a Consequence there was a sudden congregation of money seekers alter two o'clock, and the naturally active demand being thus ag- gravated lenders were enabled to dictate terms, and the interval to the close of banklog saw @ smart scramble for fonds and an advance in the rate to +4 per cent, which was in fact strongly bid at one time near three o’clock. ‘The scarcity was also due, doubtless, to the reten. tion of money from the street by parties interested 4n a fall in the prices of stocks. Paper was quoted 7.12 per cent discount for first class bankers’ and prime mercantile paper. Foreign exchange opened inactive and heavy, and the leading bankers lowered their rates to the basis of 10934 for sixty day and 110% for sight sterling, GOLD LOWER—110% A 110%, The decline in exchange and the retention of the game rate of discount by the Bank of England, despite the prophecies to the contrary so freely ‘made yesterday as an interpretation of the yielding in British consols, induced a sadden pressure ot gales in the Gold Room and a decline from 110% to 110% within the first hour of business. The price subsequently reachea to 110%, and the coincidence of a fierce hallooing of extras announcing a “war ‘with Spain,” based upon the hostile attitude of the two vessels at Aspinwall, may Or may not explain the recovery. The course of the market 1s shown in the table: WAM... oe 11045 M. 1:30 P. P.M. In the gold loan market the rates ranged from @per cent for carrying to flat for borrowing. The operations of the Gold xchange Bank were as fol- lows:— Gold cleared... Gold balances + 1,869,704 Currency valances + 1,539,922 The Sub-Treasury paid out $55,000 on account of redeemed five-twenties of 1862, and the European steamer took out about $20.000 in specie, GOVERNMENTS BUOYANT, The patient government lst, alter so much unde- verved neglect when everything in the ‘fancies’? was ao strong and buoyant, came in at last for its share of the activity pervading the street and anderwent a, to the holders, very gratifying Bdvance in prices, the improvement being all une more remarkable as gold was “off.” The secret, however, of the impotency of gold as an adverse in- fuence is the exceedingly large rise in London to- day, 4 per cent, in five-twenties, The following were the closing prices:—United States currency sixes, 11514 a 115%; do. sixes, 1841, registered, 1143¢ 115; do, do. coupon, 115% @ 115%; do, five- twenties, registered, May and November, 112% a 11234; do, do., 1862, coupon, do., 12) a 112%; do, do., 1864, Go. G0,, 112% a 1123¢; do. do., 1865, do. do., 112% a 118; do, do., 186%, registered, January and July, 112% a 112%; do, do., 1865, coupon, do., W144 @ 111%; do. do., 1867, do., do, 112% @ 113; do. do., 1868, do., do, 112% o 113; do, fives of 1881, funded, registered, 109%¢ @ 110; do, do. do., @oupon, 109% a@ 110; do, ten-forties, registered, 107% & 1083¢; do. do., coupon, 10844 a 10834. The government offer to buy bonds elicited pro- posals of about $3,800,000 at prices ranging from 109.83 to 110.39, The million was obtained at 109.33 & 109.60, 48,951,000 SOUTHRRN SECURITIES DULL. ‘The Southern list was generally dull and irregu- lar. The new south Carolinas were exceptionally active and weak, declining from 393g to 37, but rallying to 3% ‘The April and October bonds sold at 86)4. Otherwise prices were about steady, the North Carolinas being firmer at 37%. The following were the closing quotations:—Tennessee, ex coupon, (7 a 6744; do. new, 67 a 674; Virginia sixes, ©X coupon, 56 @ 67; do. registered stock, old, 56 @ 6); do, sixes, consolidated bonds, 6834 a 69; do. sixes, deferred scrip, 16% @ 17%; Georgia sixes, 74478; do. sevens, 88a 90; North Carolina, ex coupon, 87 a 88; do., funding, 1866, 26 @27; 10., do., 1868, 23.24; do, new, 22 a 23; do., special tax, 1) a 16; Missouri sixes, 94% a 04%; do., Hannibal and St. Joseph, 93.4 95; Louisiana sixes, 69 a 62; do., new, 65 a 60; do., levee sixes, 61 a 63; do., do, eijlits, 70 a 89; do., do, eights, 1875, 78 a 8; do., Penitentiary sevens, 63 a 67; do, railroad eights, 70. 80; Alabama fives, 63 a 05; do. eights, 96 a 95; do. eights, Montgomery and Eufaula Rau- road, 85490; South Carolina sixes, 52 a 64; do., new, January and July, 35 bid; do, do. april and October, 45 a 363; Arkansas sixes, funded, 64 9 67. THE RAILROAD BONDS, The following were the bids for the railroad bonds:— New York Cen 6's, 1 WN York Cen B York Cen Ense Ist ra, ex. 98 New Jer Cont Ist ta, B.. 10436 New Jer Con 2 an. os. «« 1URIG Pitts, FW a Oni Tat m. 105 Pits, FW & Chi $d m 2d Dub & Sioux City Pontnasuiar tat m con. St Louis Iron M Int in. 944 Mil & St Paul 1h mA's,..1075 Mii A Bt P ist m, 79-10.. 9 A Mii & St Paul let m...... 28 Mil & St Paul, lowa div. 68% Mar &© tt. 96 Jol & Ob} co Col, Obie & Ind } Col, Chic 4 ind 34 im, Tol, Peo & W. Tol, veo AW. WD. P} DOb P00 me WA 20 ene Man & Sido con, rt) » Lock & Wen: iat mo. 105 Des backs Went id wi. 18 NEW YORK HERALD, FRIDAY, MARCH 29, 1872.—TRIPLE SREY. NEW YORK AND OSWEGO MIDLAND RAILROAD, At the meeting of this company at Oswego, on Tuesday, the President, Mr. Littlejohn, read the annual report, of which the following is a svnop‘ After giving cost, mites in operation and rolling stock in use, he sud the total receipts of the road since op-ning was $13,729,400, Three hundred miles of telegraph belonging to the road is 1n operation, and the receipts, aside from the business of the com- pany, pay running expenses. The milk trains through New Jersoy, he stated, were worth to the Midland about $239,000, and these trains will be run- ning by May. He was opposed to the election of railroad commissioners for issuing of town bonds by the voters, and said {f the act now before the Legis- lature becomes a law partisans would control the elections, and in many cases loafers would run in a gang of birelings ta many of the towns, and nom- inate one of thelr number who would not’be mt for town constabie. The tron 1s all purchased, and there is now en route three ships from Wales loaded with steel-faced ratis fur the Midland, He hoped to get through to New York by August, put could not say deGnitely, as unforseen circumstances may Interpose, In speaking of the future of the road, he said in the second year of through running, not only the interest, but 4 fair dividend, would be paid. The receipts for carrying coal amounted to but $70,000 instead oj $200,000, but he was rot inclined to complain, for the trade was one which could be relied upon, and musc materially increase. on motion the meeting proceedea to elect direc- tors and inspectors for the year 1872, with the fol- lowing result:—D. ©, Littiejonn, Cheney Ames, ‘William Foster, D. W. C. Stephens, J. W. Merchant, E. T. Bayes, John A. Randall, Jonn R. Clarke, Henry E. Bartlett, A. C. Edgerton, Edward Palen, Elisha P, Wheeler, H. R. Low. MISCELLANEOUS. The annual meeting of the stockholders of the Lake Shore and Michigan Southern Ratiway Com- pany ior the etection of directors for tne ensuing yeur, and for the transaction of other business, will be held In Clevelana, on Wednesday, the 1st of May. The transfer books will be closea on the 30th of March and will reopen on the 2d of May, ‘The earnings of the Milwaukee and St. Paul Ratl- way for the third week in March compare as fol- lows:—1872, $84,828; 1871, $79,734; invrease, $5,094. At the annual meeting of the stockholders of the Derby Coal Company of Pennsylvania, held at Poiltpsburg, Pa., on the 26th inst., a board of direct- ors was elected and organized as follows:—Y. Casa- nova, President; A. M. Soteldo, Vice President; P. 0. Casanova, Treasurer; M. Munoz y Castro, Secretary; William Girod, William A, Gibson, Felix McCloskey. At a special meeting of tne Board A. M. Soteldo ‘was unanimously appointed general manager. THE HOLIDAY TO-MORROW. Good Friday will be observed strictly as a holiday by the Stock Exchange and Gola Board, but the banks and bankers will be under the necessity of remaining open as usual until three o'clock, to pro- vide for the payment ot drafts and similar demands upon them. STOCKS STRONG AND ACTIVE. The stock market was strong and tho business more evenly distributed, now that Erte has become yess a specialty. The accession of new men and money in the market is readily observable botn in the vista of faces im the gallery ond corridors of the Stock Exchange and in the busy buying by many brokers who had been long complaining of the duiness of the stock. So faras we may judge from the indications of che past few days, the inside or professional speculators are selling and the out- siders are buying, reversing the precedent of last year, when the wealthy cliques were buying heavily all the way up to the time of the Chicago panic, while the outsiders, taking the HERALD’s advice, sold their stocks in the spring and early summer ana went in the country. Hundreds of persons have made money by the rise in Erie, and the friends who Know of their good luck are down tn Wall street to double their winnings ana to specu- late anew. It 18 this great popular accession of buy- ers which has advanced prices the past few days in face of the sales of pool stock. The features to-day have been so many that they are hard to give in detatl. New York Central rose 3:4 per cent, rep- resenting the more conservative and legitimate inquiry in connection with the bullish feeling of the community, anda Lake Snore 2 per cent, As to New York Central, a report was in circulation that the Tise was particularly due to a sudaen development of activity in the shares in the London market, ‘where they have been for years a quiet favorite with many dealers, Pactfic Mail closed with a rise to 63%, because of the initiation in the Senate of a movement to give the company the subsidy asked for, Erle fluctuated between the lmils of 57 and 59, 1oliowing therein the fluctuations in London. Tne agreement for a sale of 50,000 shares of Erie at 55 has been daly ratified between Messrs, Daniel Drew and Duncan, Sherman & Co., and a deposit of ten percent made in the Trust Company, to be increased to twenty per cent on the demand of either party should the price fluctuate in a manner to require the safeguard of additional margin. Thestock must be delivered during 1872, the option having been “seller the year” and not “geller a year,” a3 was at first reported, making the possible duration of the contract, theretore, only a little over nine months, HIGHEST AND LOWEST PRICES. ‘The fo!lowing table shows the highest and lowest prices of the principal stocks durlag the day:— 1! Bl ae sate) x Central 3 New York 03% a 59 67 1834 T1% 15 114% 96. O44 9236 91% 189 TM 82% 81% 4 94 116% 116% 6336 623, 81% 8135 51 49% 39 38 Hannibal and St. Jose; a 45 Boston, Hartord ana Erte 945 8% Western Uuion Telegraph 73% T23¢ Pacific Mall......... 03% 6236 SALES AT THE NEW YORK STOOK EXCHANGE, Tharsday, March 28—10:15 A. M. 10000 US's, “Bl, cx 115%, GLOQ00US $-20.0,"65,nb10 11235 9000 a0... oe 1D'g do ++ T1296 10WW0 US 6-20, ¢, *0: 10000 US 5-20%s, 0, 168... 113 1000 do «+ 30000 US 8, 16-40, Fo... 107 10000 US 6's, currency 25000 Oster. «vee 10 to 10:30 A.M. 800 sha Bos, H& brie.c 934 400 9 A 3 gs Me ito i £00 88: 200 3 400 88) 7H 38) Buu Be 700 B84 700 a 0u0 bss 1200 ‘ eS REE: 600 Tol, Wab & W. 500 a 200 Mil & St P Rit: 40 do, SELSSPZERLAVST ITZ a Firat Bonrd—10:30 A. M. Q00she Nf CAH RR % aw do, v7 $2000 Tenn es otf 67 J Bay 56000 ae {5000 80 Man, Aplevicr? 5000 frie fin’. $0.9 Long Dock 5000 Alb & Sts od n 700) Mich & 6 f bas. 1400 Fac i's 4 by Bi 7000 Unton Pac (a m, 3000 B Cn THOU 0. +60. 550) U Pac i go ‘3000 % sam, 1000 97 Pty « * 51 do ex i 34 do, 8 # gy do ig 3 do wi Bow a ta i a 0,0, co $6 83 fee 89 Mil & Bt 63 Cid do 68 1 bay 81g ag ES it 5% ioe, Har 96 is 2a do We 200 do. 8 4” 200 = ao ii & i Be 300 er Es 1834 600 Ob0d Bi fi Ey 1008tL & I 4 ‘Te 10H & Bt 45 Be Baad FA I 64 Be Bow as 500 1400 Tol, W &W KR.bo 78! 700 63 do... < 100 6 ‘1 400 8 SLi 100 do... 116 0% 200 Reading 14% bie 1000 U 8 Express. 4 ol WO d0...eessceeg 14% Li 200 do. ¥ u 60 1300 NYC & HR. a oy 400 38 200 500 ae +00 py 900 820000 20000 ‘9600 US 1000 US 7900) US 509 Ly 2 0 97 bie i 1500 ” 20 ” 200 ¥1 9 Sau NY Hf 3 60000 9a 4a en By i 116; 63: 11s ry iy 60: in By ed 0 ua 1 47 a 82 9535 825; 55g 83 85% 2 863 4 %%_ 8 ry 8) 984 a 9655, 82! $6 Bi, os 888; ee Es by Second Board—1 P. M. 0.» 58% 20000 sha NYC&HRetfs. 9214 6's, old, B7dq 40000 do, + Ns 15000 8 O6's,0,'3 &Jy.. BE 40 Erle R oT 6009 do 87 200 do ig 100 BIg B00 + 963) 1100 1000 Erie 34_mty + 9 200 9000 U Pac RR Iat., 92 400 6000 Un Pac 7's, 1 85 2300 1000 On Pac Iu! 8 BW do 25000 Bost, H 14 10, 0 100 she % 100 C 4a 500 Ma Coal Co. . 22 200 Quick Min Go. 600 do. a 200 do, 4056 200 do 1% 200 do 4p bua do a ‘200 do, aig 800 Quick Min Go-pt.... 12 400 do.. co bug 100 Mariposa ‘Mf Go Ly 100 aistinons Min pi rad do By 1:00 ag 63% 200 2g fe io ay 7 AS 63 100 lly ee a0 ie if o g Bs, 800 86 ig ho ois oe Bq 0 a 20 do. BS 936 10) U8 Bxp 1 bug 9ONYCABR Ey 50! 1300 ms bes 97 50% ge a +4 x 22 Western Union. 73: Facite Mall... 63 a western... 83/50 COMMERCIAL REPORT. Cotton Moderately Active and Firmer—{e- ceipts at the Ports 5,090 Bales—Wheat Dull but Firmer—Corn Higher—Spirits Turpen- tine Lower—Grain Freights Lower—Whiskey Lower. THURSDAY, March 28-6 P. M. CorToN.—The market for cotton on the spot was very feverish and excited at the opening and prices for some grades were advanced \c. per Ib., to which we conform our quotations, remarking thatthe market was weaker at the closo, when prices were altogether nominal. Future dell- veres opened at advauced prices, but closed tame and de- ciining, The following sales were reported on "Change: Day, Last a. port... boa 120 073 Consumption. 48 50 503 Speculation, 529 62 591 Tn transit, no 200 30 Total... 64 432 2,081 —Ineind 8 to arrive, For future delivery (basis iow micd. 3 have been as follows:— ing) the Saies last evening after three P. M.—March, 10 at 22 April, 300 at Bsc. at Se oo dP 200 at 228;c., 600 at 22%Z0., BU0 at 2 If-1éc., 700 at 22%c., 22 11-160, ; May, 600 at 38\40., 200 at 28 6-160., 910 at 23 B00 at 28 &-16e., 1,000 at 234¢e., 400 at 23 B-l6c., BU at Bike. Suife., 400 nt 93 13-160. 300 ,* 400 at We. Exchanged—100 Total, 8,90 bales. Sulea to-day up to three . M.—March, 500’ at 224@., YO) at We: April, 900 at 22° 11-160,, 00 at 293/c., BUG at 227%0., 700 ab 800 at 29 15-16e., 200 at bat 28 15-1éc., 1,200 wt 22740, 200 28e, at 22 15. FO at Bd%ec. Wu at 22 13-16c., 10 at 21 18-16¢,, 100 at 22740, ; May, 2,500 at Hike, Bh 28 o-le,, 38 1 at 23 M-lde., 2H) we + 200 at rat 8 11h, Of at BBiee., UA ak 38 Tete Iuiy, 100 ut 937%40., 200 at 2846,, 100 at wire, 100 at BBC, 140 at 23 13-160. ; ‘Atguat, 700 at’ BXe., G0 at 2BiC., 200 ab 2330. ; September, 500 at Joc.; Ocrober, 200 at” vo, E: changed—e. paid to exchange 100 Marca Yor 100 Maj paid to exchange 100 April for 100 May. Total, 20,50. ba Grand total, 29,750 bales. The receipts at the vorts’aum t tollows:—a veaton, 11; New Orleans, 1.970; Mobile, 3 Savannah, 619, Charleston, 442; Wi'mington, 129;' Nor: folk, 307; Baluinore, 380; New Yor, 577; Boston, 18. 5,00, This day last week, 6,8¢@. This day iat year, 1: Kates on cotton to foreign porta close. steady as to lows Liverpool, by steam, ‘4d.; by sail, Jad; to il steam, 446, gold; nail, 34¢.; to Hamburg, by ste: pressed; 4 to Bremen, by st Cy E3 compressed; sai to Baltle’ ports, by sally gold; to Mediterranean porta, ov steam, Ic. We guote:— Goignan Aluogma. New Urieuns Tezan % a aay 2234 a a Pa By pated 33» 28% a3 u Pr 243 BY =the quoun based on cotton running in quality not it more than halt a grade above or below the grade q COPTER. The inquiry still continued fair, but little was 4 in the way of transactions. ‘Prices remain We heard of sales of 3,510 bags Rio per 5 ig: ass and 5,000 bags per Contest, how at Hampton Roads, to go to Baltimore. We quote:—Cargoes Rio ordinary, j, do. 15ige. a 1580. : do. good, Le. a 1644 do. prime, isis ‘a Ife, goud, in bond, mxty days; Marae: bo, by c. & 1ige.; Laguayra, 18c. a we.; St. Domingo in bond’. 14e, 2 14er.; Java, 2uc. a 28e., gold, duty paid, -Recelpts—Fiour, 6.240 bbls. ; wh do. ; corn meat, 1,360 b ariey, 24,000 do. mar! were unchanged, hol firm in their views; choice family brands, vein, wera held firmer, ‘The sales were about $7.0" bbie,, inciding 250 bbis. superfine rye and 360 bbis. of Southern, all at prices within the range of our quotations, Gorn, meal was yulet but frm, We bear of sales of 200 bbis. Western yellow at 5 45, We quote ta FLOOR AND GRAIN, eal : Mf ‘an: jour being 2 3 PI 3 Kound hoop Ohio, shi Round hoop Ohio, tr Family Rt it BL Louis chofee double extra. Rt Louts choice family southera supert Southernextra. ee ee ers Zasssezaszeesseaeeusezes2 : to & Corn meal, Brandywine. Ba vmere... . Soccer e. pMOOM CRETE Mase tos BSSSSSssossesssvessenssue PRPS SSPEPP DEERE DRE EEE EES * * for Nortweatera Club. ore hatce The wales were avout. b4UN0 ce 6 {iicc. Tor wines ‘aBoat, 100, for do. in 8,800 bbia, one pee 5s. orth German bs sleum, 68,4 NO! ar fro phia to ‘Bremen’ 8,600 bbla. refined ~ on private terms; a British bark, from Phiiadelpma to a Con- tiventar bbls, retined petroleum, at or about bs. Rumored—A bark, about 4,000 bbia,, same voyage and rate, day, resulting in sale OU a eaten of Mascrtabe sonar my : gi bie ath alas 1i0"bbla New Orleaue at” from 6fc. « ‘quote — Cuba—Centrifugal and mixed.. Claved.. vy | Boe 2450, Uo. a 7c, NAVAL bTORKS,—Tue market for spirits turpentine was dull and a tride lower, closing rather weak, The sales wero only about 8 bbls. at 71gc., closing at Tic, Rosin was in fair demuad and sieady. bbls, commo: at i 1,24 bbls. strained at $4 1236 flat, 250 bbis, do. at #3 15, 250 Dbis, of good strained, in lots, at BS 40, Tar remaine ujet und uneuanged, YETROLEUM.—On ‘Change to-day the market for refined continued dal and entirely nominal. Prices were a shade but no disposition was siown to do business; quoted Bt Wipe. w BBd4 pot, or balance of month. Crude, in Duik, remained steady, but dull and nominal; held at 123c. a 12%%c. ‘There continued a moserate inquiry for cases, Di We learned of no transaction ; qui nominally at 2730. a Se. Naphtha continued dull’ and unchanged, the nomial ice belug Wye. a 1U3¢c. for Western or city. At the Creek be market remained quiet unchan; ‘Crude quoted at 83.65 on both upper and lower roads. The Philadelphia mar- Ket was also quiet and prices were a trifle easier. Refined quoted at ule, w 41}¢0. for spot or balance of montu, PROVISIONS.—Receipts—Pork, 458 bbis.; beet, 100 pack- ages; cut meats, 1,510 packages; lard, 1,807 bis. and tferces wod 10): kegs. The market tor mess’ pork was moue: active and yney ¢ at yesterday's prices. We hear of sales of 260 bbls. for April ria? uA ‘bbis, for May at $12 1234. and_ 850 bbls. of old mess al 600 bbls, for June at #8) #12 80, cash. Late last evening, 500 bbis. for April and 750 bbis, tor June wold at the above prices, The jobbing trade day was unimportant, Bacon continued sn-good demand and stealy, The transactions were principally rorexpor ‘aT, Sules 1,250 boxes at 744c. for short clear W for long clear do,, and 7c. for city long clear. Dressed hogs continued quiet and were a trite easier; quoted at Siow Gc for elty (packing acd ' 6x0. | for pi Be continued guiet and unchange: Sales in lots made, ageregatin, rege about 75 bbls, at prices within the range ol @ 1 for mesa, $10 a 812 for extra mess, $15 a $18 for prime mess, tlercea, and 818 a $20 for India mess, tierces. Beef hams were aleo quiet, but without chan; ce, Small sales ‘were made within the range of a |. Cut meats con- ate: We hear of sales of 100 packages 055 25 boxes dry-salted note moked shoutders, 6c, a 6'¢c. ; ary-aulted shoulders Be. a 5i4c.j plokle fo, hams, 8%4c. a 9340. ; do. bellies, 7c. jose. Lard—The market for Western continued qulet and without essential change in prices. We ear of nies of 100 tlerces extra choice at 9, cash, 750 tlerces for April at 8 15-16c., 500 tierces for May at 9'<c., 750. tierces for June at 9j¢. and 150 packages of No. 1 Western at #3sc. ok City lard continued quiet but steady ; sales 100 tierces at 0, m B36. Wt Soctiiued fa tale puipad and We mark rromined firm. Sales terces Carviina at 60, a 90, ; 200 bags Patna at 7 & Tce. and W0 dage Hangin ot Bc, 81140. UGAR—The market for raw continued quiet, and prices ft anythiugitended in buyer's favor. We hear of sales 0} Mg bhds, centrifuga: at 9%c., 190 bhds. Cuba reining at Sige., 80 hds. Texas sugar at 7ie., and 100 boxes centrifugal at ¥igc. Refined was also quiet, but without material chauge in prices, Messrs, C. Amann & Co. report te stock, recelpi and sales as follo tunued and pickled hams at fro. shoulders at 5),c. do. Oe. a! ir Hl Bowes. Bags, Melado. Btock (ascertained by actual count, Laem specula- rch. 1y 1872. 15,489 98,478 150,880 420 88806 1AM 1,678 64,872 258.301 2,098 82,196 158,884 ao Stock this day, March 28, 1872 $2746 1044171; Campari Min Stooe— ie rs ard) April 1, 1870: font denis Mos April 1 169 33,044 421038 B4098 BUS —Wequote:—Ci ‘to common renning, 734c, a84e, ; fair to good (arr refining, $c. a8%c. ; good to’ prime retin: ing, 84. @ 87 rocery, Yo, a 9gc.; prime ir to good gi a rocery, #%q & 9340. ; coutrifugal, hhds. wad boxes, fo a 9c, ¢ molasses, ds. and boxes, 746, a 834c.; molado, 4c. a 640. Havana—Hoxes, Dutch standard, Nos. 7 to 9, Tg0. & BIC. 3 d0., WW to 12, B/gC. @ W250. ; do. 15 to 1d, 9340. w WOKE. ;do.. 18 to 18, 1U4ge, a 1Lge. 5 do., 19 to 20, 1140, #1140. ¢ do., white, Llc, @ 1uc, Porto Bico--Common to orime ‘re fning, te, a 8'yc.; fair to cuolce grocery, 9c. a Uc. Brazii—Dutch standard, Nos. 8 to Lt 73g. a 9c, Java— Dutch standard, Nos. 10 to 12,84c, a 934, Manila—Superior and extra superior, 734c. a 84c. New Orleans—Reuning grades, 744c. & B40. : erocery do, 9C. a 1c. ARLNK remained duil, and, in the absence of transac- tions, entirely nominal, TALLOW was in {alr demand and a shade firmer; sales 800,00 Iba, (part. lust glut) at 8c. for fair kages, and Yo. for choice, os Packages, free, WiishEY.—Kecelpts, 763 bbls. The market was dull and lower ; sales 75 bois. at DOMESTIO MARKETS, rs rie Gapranton, March 25, 1873, Cotzon firmer; good ordinary, Yic. a 204. Net receipts, 211 bales. Sales, 1,000, Stock, 84,955, ne NEW ORLEANS, March 28, 1873. Cotton strong; middiings, Bic. Net receipis, 1,970 bales; gross, 1,970. Exports—fo Great Britain, 7,986; to Genoa, 1,543; to Barcelona, 1,717. Sales, 12,00, "Stock, 151,178. ee MontLE, March 28, 1879, Cotton firm; middlings, 2c. a Wisc. Net receipts, 432 bales, Bales, 1,600, Block, 36,979, SAVANNAH, March 28, 1872, Cotton very firm; middimgs, 213;c. a 20, Net rece pis, 619 bales, Exports—To Great britala, 869; to the Continent, 200. Bales, 7 Stock, 45,831, , GuAaRLEstoN, March 28, 1972. Cotton strong; middlings, 22c, a Qiac, Net receipts, 442 bales. Sales, 500, Stock, 20,343, BUFFALO, March 28, 1872. Cattle.—Recetpts—623 head, the supoly for the week so far i cars, $07 cars during the same time last week: Market qufet; sales 116 bend Liinois steers, ranc- ing from 1,134 to 1,297 ibs., at 6 20.4 6 40; 101 heaa Canada stockers and ateers, rang rom i768 %) 1,160 los., at $3 8755 a 86 bio steers, Fanging trom 1,028 to 1,137 lba., 883 bead Obio atiil-ted bulls, ranging from at ty $6 1,430 to 1,469 Mon at #5 a $5 25. Sheep—Receipis—600 head, making * the for the week thus far 8,900 nead, against 6,833 head same time last week. Market quiet and dull, Eastern buyers having mostly left; galca 158 head Inuiana sheep, averaxing 84 Iba, at Fa 70; 1nd head Canada sheep, averaging 98 lbs. at @& Hogs—Re- caipts, 1,600 head, making the total for the week thus far Tio head, avainst 13,800 head during the same time last lea week; market dull; ead, averaging 180 Ibs., at § Flour quiet; sales of, Western spring at #678 a 7-25; white, 7 “2 50, Whert qui sales of 1,400 bushels Duluth at #1 Corn duil; sales ‘of 2,000 bushels mixed, m store, #t 57, Oats nomi quoted at 690. a 7Uc.; Canada, S8c. a 0c. OsweGo, N. Flour steady and unchanged; 97 75 for No. ee white winter, #9 2 fo No. 1 Milwaukee club choiee white Canada at 8185, Corn unchanged; sales on the track, Barley held at #1 Barley quiet; State Y., March 28, 1872, sales 1,800 bbls. at #8 25 Tor amber winter, 8 75 for louble extra. Wheat unchanged; 109; amber Michican at #1 70; 1,200 for 8 Bay uinte.” R; 1 60 rs a 838 hi its, B27 didi g28 80 35 a $26; shipstuits, 827; " middlings, a $00 per ton: ighwines, 86izc. Railroad frelghts—Flour to Boston, 69¢.; to New York, bUc.; to Albany, 4c. CHTOAGO, March 28, 1872, Flour—Sales of extra spring at #6 ia be Wheat firmer; w at “du 2 quiet at 30! . fe . let . (%c. Rye—No, 2 strong at bo. a 7 Barley Gem tn auiet at bic. Pork unsettied at #11 80, Lard unsettled at $8 a $8 15. Bulk meats anchan; ies of shoulders at 8%e. a dc; clear rib aides at 570, a 6c. ; clear sides, bic. @ Bilge, Joose. Hams in pickle dull at Sige." Lard firm at S3igc. Hogs lower at $4 a 84 60, firm ; fine shippin, teers soli at $7 25. Recs flour, 2,000 bushels wheat, 23,00 do. corn 8,000 do. oats, 2,000 do. rye, do, Darley and U0, hous Shipments 2000 dbls Nour, 7 bushels whext, 14,000 do, corn, 23,000 do. oats, 9,000 do, bar- Tey and 6,000 Hogs. THE ERIE STOCK MARKET. An Abatement of the Excitement=The Stock Finctuations Very light—Dan Drew's Sale and What is Thought of It—Country Cousins Coming tu—the New York Speculators Fighting Shy. The places where financial bulls ana bears most do congregate, yesterday developed no special ex- citement in Erie, that in the eariy part of the week was the treacherous god before which so many bowed down to rise up ruimed or richer. Those who had on Monday, Tuesday and Wednesday dab- blea in the stock, lost or won, seemed to hesitate, watch the quotations carefully, and, like the cautious trout of the Adriondacks, approach the inviting bait merely to smell the tempting morsel, study the chances .and await aevel- opments. Few, very few indeed, ventured near the bait, and those. who took it were careful to nibble around the borders merely, where there was no danger of their gills, The transactions were light the excitement having materially subsided; and as the English speculators were out of the market for the noncethe sales were principally confined to home operations, The stock opened at about the same point at which it closed the previous day, and moved but litue in the fifues, balancing usually between 67 and 68, All the brokers who on Monday and Tuesday yeiled themselves hoarse in the Interests of foreign houses in the purchase of Erte either deserted the stock room or confined their ventures to Pacitio Mail and other less dangerous securities, Tho street proper was not materiaily excited over the movements 1a Erie, but there were scores who delighted to recount the events of the week and vol- unteer their opinions as to the future. The inclem- ency of the weather had confined the speculators to the interior of the marts of speculation, but yes- terday tho genial sunshine attracted scores to the curbstones, where tne events in Erte were talked of aid opmions as to the future ventured by pro- fessediy Kuowing ones. In front of the Gold Bx- change @ knot of gossiping speculators were con- gregated eariy inthe morning, and the situation ‘Was freely discussed, “The jig 18 up’? said one, wearing a flash red necktie. “Is useless to dabbie in Erie longer, as there's no chance to make anytiing unless you are inside the ring.” “What ring are you talking about?” asked another. “Why, the new directors’ ring, of course, They’ve had the winning hand in this exciwement, you may depend apon it” “Whatreagon have you for saying sof Do you es meal ‘ 1 80 for undolted, per cwt. Millteed frm; snorta, suppose Dix and Mcviellan would lend themselves to 2 pur Can lis iw’t trast em. Dan Drew, you jrades heavy risk yesterday, Do vou think he'd do ie wi private uformation? I tell gate, I betieve Drew is merely a cover for some ose hew directors, and that he knows what he’s lon is that he is working in lows, and they take seta ett are EE on on nt v » Uncle Dan always come out ‘you know he mmskes one who had not before i firmation, 1 see it in no paper but the HERALD, they May have oeen I: upon by some one Prong peg be Lape fin mar “Oh, now, my turn to laugh, Why, long be- fore sot ROSAS I po Drews als was Bee ‘here that you & near iv? Be certainly sold that amount, and know. in; Hn what ne wan abou.” vcsatine e above W! w the widely dirrere: ntons held by “the streo:,’? Ine S6@M to ee the idea that Erie 13 destined ere long to again become the hero of tne fleeting hour, and many, im expecta- ton Of such an eventuality, are husbanding their Tesources with a view of aj stepping in and “chancing” it upon the result. While the regular operators yesterday seemed indifferent to the quotations, it was wortuy of remark that there were more strangers on the street than have been there for months, and for hours the courteous keeper of the door was keot busy responding to tke queries of countrymen he had never seen before as to the price of Erie, So many ruralistic looking persons presented them- selves af the door of the Exchange and inquired the quotations 1a this stock that an ingenious fellow who prpwied about the goor ventured the sugges- tion that the applicants belonged to the hay-mow and cheese press party in the last Legis! » Who had been srt the stock presented to them by ¥isk and Gould in expectation of a rise, and had now come in to dispose of it at a good figure. The sale by Daniel Drew of 60,000 phonons fe already announced in the Heratp, has been fully confirmed, itappears that Mr, Drew can wepply the stock any time within ten months; and ea party made a deposit 0! $1,000,000 to bind the con- tract, which has already been loaned out. It ts said that Mr. Drew oas been offered $200,000 for his bargain, and nas declined it, contident that the stock will tall, and that he will be able to realize the $1,250,000 he calculated upon when he com- pleted the negotiation with Duncan, Sherman & Co. on Wednesday. English View of the Erle Collapsc. [From the money article of the London Times, March 16.) ‘The news regarding the measures adopted by the New York Legislature on the Erie question is satis- factory 1m its intriugic bearing on the interests of that line, as well as on those of tne Atlantic and Great Western. It evidently insures the complete overthrow of Gould and his'‘conteders and that is the only point of special importance for the moment, The pronibition against any director of the Atlantio and Great Western line being a director of the Erie is aeperenny: @ needless provision, sinve it is under- Bt that, according to the existing laws of New York, no individual can be a director of more than one railway tn that Srate; but as the Atlan- tic and Great Western extends aiso to Pennsyl- vania and Ohio, a repetition of the injunction soas to cover the whole line was probably con- sidered necessary. In any case the law must be Tegarded merely a8 an illustration of the way in which legislators still cling to the illusion that they can by Pereouat restrictions protect the Management of large enterprises, whereas these re- strictions can always be evaded, and serve mercly toentrap the public by @ faise show of security. ‘The 1urther clause adopted by the Lure, Te- quiring that every director of the Erie Railway shall bean American resident, breathes a still more nar- row spirit. ‘To the foreign shareholders the nationality of the directors will be matter of in} ditference, so long a8 honest men are selected; but it is a discouraging symptom as to the progress of liveral ideas to find aliens prombited Trom taking any part in the management of public commercial § enterprises, and especially i such as have been carried out mainly by their own money. Among the incidental facts which have trans- pired to-day by telegram 1s an important one, to the effect tiat i has been ascertained the earnings of the Ere line during the past year were $6,000,000 an @Xcess Of the sum reported py Gould. The new organization stands as previously men- tioned:—Jonhn A Dix, President, in place of Gould; Watts sherman, Treasurer, and 8, L. M. Barlow, counsellor, in place of #. A. Lane, while the Execu: tive Committee consists of John A. Dix, Wiluam R, Travers, & L. M. Barlow, O. H, P. Archer and Homer Ramedell, all of whow, With one exception, are pledged to purge the underiaking of Gould and his accomplices, who are now entirely powerless, MUMSICIPAL MATTERS, Comptroller Green in the Markets—A Morn- ing in the Essex, Unien and LKighteenth Ward Markets. Comptrolier Green yesterday spent another morn- ing 1o visiting and inspecting the public markets, Essex, Union and the Eighteenth Ward Markets were examined and found to be in a better condi- tuon than Fulton Market, although certainly requir. jug improvements in many respects. Essex Market, which was first visited, appears to be clean, but a close inspection reveals the dark and flithy cellars beneath, from which the noxtous odors pt Pickling and salting processes conunually arise; and is sur- mounted by #n il-conditioned armory, the flooring of which seems at times ready to descend upon the heads of the occupants of the stalls beneath, Mr. Joseph Cornell briefly weicomed tne Comp- trolier to Essex Market, who replied that he was deeply indebted for the expressions of personal good will he nad met everywhere in his tour of om. ¢lal imspection through the markets, and he shoua reciprocate these kindly sentiments by accomplish- ing, a8 tar as in his power jay, peedful improve- ments in their administration and condition. His purpose in making (hese oficial visits was not to re- ceive or bestow compliments, but to gain necessary knowledge aud be Pamonon to inaugurate compre- hensive schemes of improvement. New York, a proud and noble city, Was msufictently provided With dockage accommodations or facilities for rapid transit, and, owing to malatiministration of public affairs, fabors under the disadvantages of dirty streets, bad gas and wretchedly poor or extremely expensive pudlic balldiugs, Improvement of every kind was needed, Reform did not mean stagnation und stoppage of all public works, but on the con- trary improvement on @ comprenensive scale ade- quate to the needs of iuture generations of the citi- gens of the metropolis, Public markets, ag tie great repositories of food for the people, were always lateresting to the visitor, and needed to be centrally and lather te located, care/uily veaded and nonesuy governed, In auctent times the mar- Ket places of every town and hamlet were especially the scenes of friendly gossip among the people, and of the lamers of ihe popuiace for the transac. tion of ail kinds of business, The cities of Eu. rope have all proper and commodious accommoda- tions for their public markeis. He had visited with pleasure and interest the Covent Garden Mar- kevin London and tue Hailes Centrales of Paris, and could only wish that New York was equally as ‘well provided with markets, His own limited in- fluence and energy wouid be exerted to provide our city with suitable and commodious markets, or to remove their interests irom the arena of politics and place them under private management, ‘The Comptroller then departed to visit Umon Market, at tue junction of avenue C and Aousion street, and the Eighteenth Ward Market, at Sixteenth street and avenue 0, both’ of which were carefully inspected. The latter is an immense and costly structure, but has only a halt dozen ot its atalls occupied. 1 was one of the schemes of plundering the pubitc treas- ury lately so prevalent, This morning the Comp- woller will visit Tompkins and Centre Markets, and on Monday will inspect Clinton and Jefferson Mar- kets, Payments by the Comptroller. Comptroller Green paid yesterday the Department of Police, for salaries of the police force for the month of March, 1872, $275,000; Fire Department, for salaries of firemen, &c., for the month of Marcn, 1872, $57,600; also the clerks aud empioyés of the Comptroiier’s ofice, Bureau of City Kevenue and Bureau Ot Markets, for January and February, 1872, $14,050, He will pay to-day the laborers laying water pipes on Madison avenue, to March 16, 1572, $1,104 Department of Docks. The Commissioners of Docks held their reguiar Meeting yesterday. The Executive Committee reported in favor of permitting Jacques & Co, to duild a wharf at the foot of Fitty-flith street, North River, and erect 4 derrick on the same, Adverse to paving J. K. Aus- tn a claim of $500. In favor of permitting the Washington Ice Company to extend a platform foot of Thirty-second street, North river. To permit dames 5, Sutton to fli in the water front between Seventy-second and Seventy-third streets on certain conditions, To require the Second Avenue Railroad Company to remove the bulidings on the bulkhead end of Second avenne and Harlem River, and that the lessee, Mr. Lane, may be put in possession of it. The reports were adopted. A protest was received from the Second Avenue Raliroad Vompany against leasing the bulkhead to Mr. Lane, which was placed on fle. Several communications were received and refer- red, aud the Board went into executive session. Board of As<ietant Aldermen, A mecting of the above Board wus held yesterday, when a committee reported that the Comptroller had told them that he intended to pay tne clerks of the Board to-day, A communication from citizens residing above Filty-math street, requiring additional fire engines, ‘was referred to a committee, The Board then adjourned. IRON MOUNTAIN RAULBOAD. Sn. Louis, Mo., March 28, 1872. ‘The Superintendent of tne Iron Mountain Ratiroad day relative to the taxes cauion whatever to that road, SHALL WE HAVE CHEAP MILK? MEETING OF MILK PRODUCERS. Another Probable Monopcly Formed—Tho Far- mers Claim That They Are Not Getting Enough for the Milk Which They Produce—The Milk in the Cocoanut. About two hundred and fifty farmers from Orange, Putnam, Westchester, Dutchess and other mi}k-pro- ducing counties in the State of New Yor« and the adjoining milk counties 1n otner States, and on con- verging lines of railway, met yesterday afternoon, ‘at half-past two o'clock, in obedience vo the follow- ing mysteriously worded and printed call: ‘The milk producers slong ihe line of this railroad) interested in sending milk to New York are reat meet in convention ut te Merchants’ Exchange, 50 Pine Now York, Ty the 23th 1 at half. Pek Pe Md? “Guestiyas'o’the causes of dissadefuation two o'clock P, M. Questions among mallk producers will be considered und measured sug~ for theli oval. Ttis that each milk station on the several roads sending milk to New York will be represented; and to this end the several ratiroads have kindiy consented to issue free jw York who may wist to. atieni aad: wich fie passes wi a Oi 3 Binur raoovcaen g Ps EE acetate oe . Be unt tary of the meeting ‘o be good. ‘of The farmers were all biuf, hearty looking fellows, comfortably dressed aud wearlug their best store clothes and spring hats. No one seemea to know exactly why the meeting was called, though osten- sibiy it was supposed to be called to remove the “abuses” im the milk trade, Bat 1t leaked out from conversation previous to and during the meeting that the real object of the farmers was to form an association whereby they might control the entire milk trade of New York city. This once done, in- stead of paying but ten cents a quart for milk, as at present—and that 1s certainly enough—milk might be advanced to as high af price as eighteen or = twenty cents @ quart, and the residue would of course go into the pockets of the grasping producers, The initiated present openly spoke of this scheme of a monopoly to be formed when this inchoate aaso- ciation had been formed and chartered ‘and when the new corporate body would own ail the milk ‘wagons in New York and serve milk to subscribers attheir own prices. J. B. Hollister, of Vermont, ‘Was nominated unanimously for the chair. D. K. Simm, of the Hariem Extension Railroad; F. 8, Gould, Housatonic Railroad; George 0. Wilson, New Jersey Midiand Railroad; E, B. Prats, of the Nauga- tuck Railroad, and W. B. Hunter, of the Mont- gomery Raltroad, were chosen as secretaries. A Voick—What 13 the cause which led to this meeting? Way are we here ? I'd lixe to know, J.B, MCNavGHTon, of Vermont—Dissatistaction has arisen trom the disorganized state of the mitk business, Doth in the producing, middie and con- Buming interests. If a permanent orgaaization can be effected, we feel that there would not be so Much dissatisfaction among the producers and con- sumers, A Voice—Tell us what the dissatisfaction 1s. ANOTHER VOICE (Irom @ mun On @ Di )—A fare mer comes to New York to contract for the sale of his milk aad finds that he cannot dispose of his produce witnout tne aid of a middleman, We know that a reasonable price 1s paid here by the consam- ers of mik enough to make che business prontable to the producers. ‘The great complaint is that the producers do not receive enough for their milk. 7. L. HART, O1 West Cornwall, Housatonic Rail. road—I have ascertained that the number of cars of milk brought to New York city daliy is 10,000, ‘The Board of Healtn has shown that 3,000 cans of water are added. If this water 13 taken ‘away the market 13 not suppiled. ‘Tits large supply of milk at ten cents a quart amounts to $10,000a day. If we can do away with these 3,000 cans of water every day we shall accomplish a great deal of goed for all consumers. ‘I'here are neu eaough back in the country to produce the: best qualities of milk. But before 1t gets to tue consumer it 18 manipu- lated. it might be arranged so that every er detected in the sale of watered milik should be sub- jected to a heavy fine ana his milk confiscated, A more perfect orgauization must be effected. We Tmust have a brancn otlice in New York city, and wen ask to be allowed @ fair price for a fair article, Mr. YounG, of the Montgomery Branch of the Erie Railroad, moved that an organization be effected by counties, and [hat one producer from each county be appoluted on aa executive com- mittee. Mr. HopaExrs offered the following resolution:— Kesolved, That a committee on permanent organization, which shall aiso act as an executive committee, shall be aps polmted to consult together, to conalst of une trom the Peighvorhood of each ralirvad sending milk to New York, with instructions to adopt a plan of # charter and to sub- mit the same to this convention immediately. Tne following committee was appointed unant- mously:—J. E, McNorton, 0: tae Harlem Extension Railroad; Perry N. Hail, Housatonic Rallroad; Wil- lam E. Benedict, Erie Ratiway, Warwick ‘Branch; George W. Corwin, Erte Railway; Charles Du Bois, Newburg Branch Railroad; Jonn Loomis, New Jersey Fadlana Kaliroad; Kovert Young, Pine Island Railroad; H. ‘f. Coles, Naugatuck Ratlroad; Artemus Wheelock, Harlem Railroad; Willam D, Havilaad, Moptgomery Brauch Raliroad. ‘The Convention then tovk a recess for hajfan hour to allow the committee time to report. On ‘Ube return of the committee its Chairman read the followmg constituuon and bylaws to the Conven- tion:— First—The name ot this association shall be “The Farmers” Milk Proaucers’ Association. ‘Second—The object of this asagciation shall be to procure a united representation of all ti farmers supplying miik to the New York market in all matters pertatning to thelr iate- rests as milk producers, —Any farmer engaced in produeing milk from cows. York market shall be e:lgibie to membership in jon. ‘he officers of this association shall be a presi a number of vice presidents equal to the number of raii Hines represented In this association, a treasurer and @ seo- ‘The president shal: be elected by a majority of the members present at the annual convenuon, to be held at frich time and place as shall be deciied upon by the com Le! ve cormitteeeasurer and Secretary shall ‘be elected th the President. Fiph—The me manner and at the same time aa the estat The resident, Vice Presidents and other oillcera of the association shall’ form an executive committee, which shall Tepresent the ‘Agaoclation op all ogcasions ta vals between the annual convention ‘Seornth—The annual fee for membership shall be fifty cents. vivhth—The milk proaucers on each line of ratiroad shall sen tccat easociation auxiliary to this, and the president. of such association shall be a vice president of this associa- tion, equest of the members of the Convention the Executive Committee reported back the followin; nominations for oilicers of the association :—Urinne! Burk, of Warwick Branch, President; W. C. Benes dict, of the same place, Secretary; J. B. Hodgekins, of New York city, Treasurer. This ticket was unanl- mously elected, and, after considerable depate,, which resuited in notuiog, the Convention dis- solved, THE SOCIETY SCHOOL Closing Exercises of the Even! School— Addresses by Peter Cooper and Others, Last evening a large number of friends of the pupils of the evening schoo! of the General Soctety of Mechanics and Tradesmen gathered at the soctety’s buliding, 472 Broadway, to enjoy the closing exercises of the winter term. The society itseif is one of the oldest organizadons in the United States, having been instituted in 1798 and tne corporated in 1820, It numbers among its members Professur Morse and Peter Cooper, whose por- traits hang conspicuously over the Super- intendent’s chair, in ove end of the reading room, and other well known and venerable citizens, Eignteen years ago the evening schook was opened. Jt has been continued with varying success ever since, until during the term just closed Its roll contained the names of 430 pupils, mostly the: Bons Of Mechauics and iemselves apprentices to- some mechanical trade, BOOKXKEPING, WRITING AND DRAWING are taught, and the best of it is that this institution is iree and may be had for the asking, There are Ubree freehand classes in the school, one for me- chanical and one for architectural drawing. ‘che average attendance of pupiis has been over two hundred during the winter, and the exhibition last night was richly deserving of the encomiums heaped upon the youthtul artists and thetr pro- ducuons, The school is ander the mauagement ol & committee of tweive members Ol the Society Messrs, H. H. Smith, Abrauam Gaw, Theodore D, Stetson, John v, Carson, Samuel G. Patterson, Abraham McBride, Samuel Mevallongh, David Jar- dine. Wiitam T. veterson, H. H. Winans, Wiliam Miles and Bilsha Suiifen, ‘this committee elects One of its own members Superintendent of the school, and ths duty and honor has been placed: upon N, Smith successively for the pass eighteen years, | He Bresiare last evening at the closing exercises of the school, and in a few remarks in- troduced tae speakers ior ihe evening. The vener+ abie, Peter Cooper delivered an excellent address to the Jads assembled, in which he gave them some good advice in regard to proiptness and fdeitty to duty and to trust, stricc attention to steady adherence to THE PRECEPTS OF THE BIBLE and especially to temperance. Me earnestly com. mended the ope ot Knowledge to toe young pepple, and spread fore them the importance of the ops ortunivies for improvement wich they now enjoy yy contrasting them with those wuich were allowed to himselt in nis youti, were also delivered by Messrs, Ker, and Mr. G, P, Henjarmin and Miss Walsh several musical selections fur the a pleasure of the company. Mr, Pat- tersun ied the audience tn the “siarSpangiea Banner.” Certificates were given to tle schuiars, and Se te ant promenade around tie room and @ look at the viciures the company disvaragd busiuess, a