The New York Herald Newspaper, April 12, 1872, Page 5

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

FINANCIAL AND COMMERCIAL, The “Bears” Buy the Government Gold to Lock It Up and Make Money Tight. Money Stringent, but Relief Supposed To Be at. Hand. Stocks Waver and Fall, bat Recover, Advance and Close Strong. A Hot Battle Between the Cliques. THE “BULLS” GO HOME HAPPY. Advance in the Bank of England Discount Rate. Consols Heavy, but Five-Twenties Higher in London, THE EARNINGS OF THE ERIE RAILWAY, Railway Treffic Receipts for the Past Three Months, WALL Street, } THURSDAY, April 11—6 P. M. On ’Change to-day wheat was dui and about mteady. The cotton market was quict. MONEY STRINGENT. The money market was stringent, and tho rate on ©ali ranged from 1-16 to 44 per cent, the most of the Gealings having becn at the higher rate, which, on many occasions, Was paid in ad lition to the 7 per cent, After three o'clock one of the banks loaned @ large amount at 7 per cent coin, while 1-16 was bid, ‘Tho tact had its effect, however, for the dual loans toward half-paat tree o’ciock were at 1-32 a 1-16, The return tide in the money movement was quite perceptible to-day, one bank receiving over a uil- Mon and a half from the interior. The eitlux of cur- rency ia still going on as regards other directions, but the result, for to-day at least, has been a coa- siderable gain in the imports” over the “exports”? of currency. Paper 13 still only nominal. Foreign exchange was dull and steady on the ‘basis of 109 a 10944 for good to prime bankers’ sIxty- Gay sterling, and 110 a 1103; for sight bills, Com- mercial bills are scarce, GOLD FIRM—110% a 11014, The gold market was firm on the advance tn the Bank o/ England rate of discount, the minimum of which is now 4 pev cent, as against 81, per cent yesterday and 3 per cent yesterday week. The Taising of the rate nad very little Ill effect on consols and none at all on Americun securities, our five-twenties having, cn the contrary, improved 4 per cent in the London market alter the alteration was announced, Gold was, as a consequence, maintained in a neutral attitade by the two facts, closing finally at 110 7-16 » 11034, The Sub-Treasury disbursed $200,000 gold on account of redeemed five-twenties and past due coupons, In the gold loan market the rate ranged from 7 per cent gold for carrying to flat for borrowing. The operations of the Goid #xchange Bank were a3 follows:— Gold cleared... + $24,257,000 Gold balances. |? + 1,223,603 eurreucy baiances. + 1,348,119 THE GOVERNMENT GOLD SALE, There were seventeen bids for the government gold, embracing a total of $3,813,500, the prices offered ranging from 109.80 to 110,51, The million ‘Was disposed of at 110.492 110.51, It 1s thought the gold was bought by the “bear’? clique im stocks, and will be paid for in greenbacks, io order to aggra- vate the monetary stringency. GOVERNMENTS STEADY. ‘The government list was only steady and fatled to respond elther to the greater firmness in gold or to the rise in the London market, the check to ita buoyancy lying in the protracted strin- gency of the money market. Tne following were the closing quotations:—United states cur- rency alxes, 116 @ 116%; do, sixes, 1861, registered, 114% a 115; dou. do. coupon, 11534 a 116%; do., five-twentles, registered, May and Novem- ber, 10944 2 10934; do. do., 1862, coupon, do., 112% a 112% ; do. do., 1864, do. do., 11254 # 112% ; do, do., 1865, a0. dO,, 11836 a 118% ; do, do., 1867, registered, Janu. ary and July, 112%, a 112%; do, do,, 1805, coupon, do. 11% @ 112; do. do,, 1867, do, do, 1123¢ a 1133 do. do., 1868, do., do, 118 a 113%; do, tives of 1881, funded, registered, 110 a 11034; do. do. do., coupon, 110 211034; do, ten-lorties, registered, 1081; @ 108g; do. do., coupon, 10834 a 10834. SOUTHERN SEOURTIIES DULL. The Southern list was quet, and prices expe- tlenced very lite change, the tone of the market being unusually dull, The following were the quotations at the close:—Tepnesseo, ex- coupon, 06}; a 07; do., new, 663g a 67; Virginia ex- coupon, 60 a 55; do, registered stock, old, 44 a 60; do. sixes covsoliduted bonds, 64 a 56; do. do. deferred scrip, 16 & 17; Georgia sixes, 73 a 73; do, sevens, 87 a 90; North Carolina ex-coupon, 36 @ 387%; new, 21 a do special tax, 14 a 16; Missouri sixes, 95 a 9534; do. Haumibal and St. Joseph, 9234 a 03; Lousiana sixes, 58 a 62; do., levee sixes, 60 a 03; do. do, eights, 75 a 80; Alabama tives, 53 @ 62: do, eights, 85 a 90; South Carolina sixes, 50 a 63; do. new, January and July, 81 @ 873g; do. do., April and October, 85 a 36; Arkansas sixes, funded, 60 a 55. 1H# RAILROAD BONDS. The call of the raiiroad bonds was responded to by pretty lively aeaiings and @ well distributed busi- ess, The several Crie mortgages were represented, except the fifth. The inquiry ran chiefly upon the Western bonds, those nearer home being already well held at high prices. A small Morris and Bssex second went at 99); and a Fort Wayne second at 102, which are regarded as unusually good figures for second mortgages. The Uuton Pactfics were all ‘oft’ again to the extent of 4 a1 ber cent, and the Central Pacifics were 4 lower, The following were the bids a8 tuey stood at we close of the call:— New York Cen 6's, 1468.. 4 New York Cen 6's, 1687, Giacr, & Tol Ist, 1890, jal & Chic extenued, 4 Ohio & Miss con. . Obio & Misa 2d m, con. & Buty Sioux Oiy hat mf Popinsniar Ist m con... t Louls & Tron M lat m. 9 Sig Chic re eee 1, BLL diy Bu ™m 4 ab idm ct. eae ‘ab equip bi Ses2e5 ae he Pe ae =. $e #z a3 3] Fy 2 Xd my, 1895, STOCKS ACTIVE, UNSETTLED AND STRONG. The stock market opened weak, and was the wene of considerable excitement at one time, owing to the sudden anxiety to get out of stocks, The ad- vance of the Bank of Kugland rate of discount and she continued suringency in money readily explain NHW YORK HERALD, FRIDAY, the alarm and depression which continued to bring about this pressure toseil. The chief decline was in Northweatern common, Lake Shore, Omos, Western Union, St, Paul and Pacific Mail. Except for the first mentioned the average decline was pretty nearly oue per cent, Nortnwestern declined from 81 to 18? Tne ‘bears’? were in great glee, and were recklessly pursuing tneir victory, when the arrival of reinforcements to the ‘bulls’ in the shape of relief to the panks by tne influx of money suddenly turned the fortunes of the day, like the prosence of Phil Sheridan at Cedar Creek, The crowd came whirling mo the Stock Exchange, actually deserting and forsaking the in- telligent amusement afforded by the antics of “Wicked Hen, the erudite —Cincin- natian, whose advent in the basement oppo- site the Stock Exchange has recently varied tne entertainment in Wall street and vicinity. The “bulls,” all elate with excitement, followed up the advantage thus gained and succeeded in wiping out pretty nearly ali the decline of the forenoon, and tn some cases advancing prices to the best of the day, Lake Shore, Ohtos, Union Pacific, Pacifle Mail and New York Central being the more signal ilinstrations of thelr success in this respect. Erle advanced to 64, in sympathy with the London mar- Ket, At ® meeting of the directors of the Pacific Mall Steamship Company, held to-day, the bylaws were amended, changing the time for the annual election from November to the last Wednesday in May. This will make a contest next mouth similar to that of last November, or only five months since. Reading stock has been @ropped from the lst and was not quoted. In Philadelphia it ranged from 117 to 11654. Boston, Hartford and Erte fell to 3% and recovered to 9%. “0., O, and I, ©.” dropped to 80 and recovered to 31%. Tenth National Bank stock was quoted 70 a 75, HIGHEST AND LOWEST PRICE: ‘The fotiowing table shows tia higaest ant lowest prices of the principal stocks during the day:. Lowest, New York Central...... N ort. Northwestern p: 9 Kock Island... 10}, St. Paul.. +s 6934 St. Paul preferred 1054 Obto and Mississipp! M6 Union Paciiic .. 37 Jiaunibal and St, Joseph. BI Western Union Telegraph TB Us Paciiic Mail.......+++ eens OBIE 6175 RAILROAD EARNINGS—BRIR TRAFFIC. We are glad to welcome the republication of the earnings of the Erle Ratiway—a good beginning on the part of the new directors, ‘The revurn is as fol- Jows:— ‘fhe first week tn April, 1872. ‘The drst week in April, 1871, Increase Over 1ASt YEAT....seeeeeeeseee sees $55,565 Tne following comparison of railway trafic for the first quarter of 1872, witn the corresponding business of last year, 1s trom the Financial Cironicie of tuis week: — EARNINGS FROM JANUARY 1 TO APRIL 1, 1872. 1871, 1 I Central Pacific... + $1,686,435 $2, $ Chicago ana Alton,.... 1,08¢,603 1,082,631 Cle, Col, Cin. and ind, — 867,458 L, Shore'und M. So... 841,324 Marietta and Ch . 3 Milwaukee and St, Paul Pacitio of Missow St, Louls, All, and ‘1, St. Louis and ton fi’n. St. Louis, K.City anu Ne ‘Yo, Peoria and War.. ‘ToL, Wab. and Wesv’ra Ind., Bloom. and West, *Approximate, SALES AT THE NEW YORK STOOK BXCHANGE, Thursday, April 11--10:15 A. M. 02, #1000 U 8 5-20, ¢, se 112; 00 US ba20's, 0, "67. Mtoe” ae ve Hatt aun oy st ws 1,014,181 4,106,507 4 116,850 10 to 10:30 A.M. £800 sha Cha NW RE po #3 20000 N Y C& H scrip... 800 West Union ‘el, 600 ‘ao BESSSESEE ee Khe Ee eens ERS 3 RE, Satan Se22 ‘500 do 200 Mil & St Pani’ pi 100 Han & St Jo RY, Firat Boncd—10:30 A. M. . aig aig 20000sha NYCA&H 1 ctfe, 1000 do. 400 Erte RR. by do 8.0 Mien South 2d m.. Hy Buy Ven Vac gid ba 9176 RE lat mn. 94", . we ry Hig ye we tS ad Lee 5 Bog y 3 4 BOLO Peki And Deo 7 wu oD 00 MASE Ist. Fd os $0 89 do 95 ‘BodU WU Tel 7's baa... 9544 600 do wis 4000 Mil St Tet o's 93; ‘ie 1UW Tol, P 19 1000 Bos, 11034 00 Tie is in® eo Ulig my i, 1103 13s 355 By WW) do. 3 tC, 0,0 & a 72% 260 Union vac sf 2% 800 8745 73% BOD 8754 7 #00 875 72% 100 8134 ag £000 81% WA 00 iis tay oi 6 6 do or, 19 140 do, 87 ¥7'¢ 70) Ohio & 4% 7% 30 do. a Jw) ao. i, Te 110 4 00 Wells-Fargo iix...b8 #0" 1:00 i lu) Mi a St PRR, 0% 200 4 100 “do 6 700 406 WANYCR AR 200 “75, bdo. 1% 200 a 20 = do 9735 800 “4 70 do. 97%, 400. 4 100 do $4 1409 iq ns 0 8% 1100 +] 200 do. M9 600 0 ao 7% Bg 4 #00 9744 bu) Bos, H & 4 200 91% 1400 400 978g B00 , 600 10000 NY 8 4 8500 US 5.20%, c, 68... 11814 4500 18 2500 i 1.688 1084 15000 1000 USB's, 10-40, 6... v8 25000 12:30 to 1 P. M. £09 aba Un Pao RR...03 87 1600 0. 7 Es ES 400 it 110 Be rv 703 | APRIL 12, 1872.—TRIPLE SHEET, eErese ae a3 Necond Bourd—1 P. M. $10000 SC 6's, m, JatJiy 27 y WOO area Oe Big: BUEN Mrs BG 12000 Chic Ale Ys 0555 Ti Cen bonds. 1600 Obio de M 2d, eres ae seeeen o SEEEE n a 1 7 F; by 38: su nw Big 100 Oh aN Guy 2000 ay 10 a 200 ie i F 4 + 92 000 97% B00 46%, 97 20u 46% Bers 400 6% : 808 ws 38 30! 63% 400 Bd», gs is 3 42g 400 ib* 245, 6U 915 9 400 og $455 400 oe . ot 400 y 914§ 300 & 100 New Jer Con RR 169% Lud we dO W936 6 Lo” £00 Chic & NW ‘iti. 5975 200 ao. oy Es 636 ina, ri Rendinj (aro Bos, Har « Erie a Lake SI Os, Han t8tJo.... B0%y a 80% 740 Col,C&Iud ea Biya 51i2 38 hen 91g Cotton Market Quiet and Decidedly Lower tor Vrompt Delivery and Easier for Bue tures-Reccipts at the Ports, 6,268 Bales— Wient irregular, Spring Lower aud Winter Higher—Corn Higher—Gats Lower—Pork und Lard Firmor—spirits Turpentine Easi- er—Waiskey. Lower, THURSDAY, Apri 115 P. M Corron on the spot was neglected and entirely nominal in value, with a drooping tendency, The quotations sub- Jotued show w decline of 2c. per Ib, on ordinary and };c. per Ib. decline on good ordinary and low middling. The bet- ter qualities were unchanged. For future delivery » fair business was {n progress at former prices, The transac- tions toot up as follows:— To-Day, Last Bocning. Tota’. Fr) 192 205 208 9 Bil Speculation 7 ibs = Total... aes 308 va we —Inciuded fn the above are 189 bales to arrive. For tnture delivery (basis low middling) the sales have been as follow! Bales last evening, after three P. M.—April, 700 at 23¢ 5.0 5.16c; June, 200 at 287%c., 70) at 28 16e.; Jul at 23 1s-lic.; August, 10) at 2s’ 11-16e,, 200 "it Octover, 100 "at ‘Total, 2,700 bales. Sali Wisc. to- Bp 0 (three F. Me—aprl, At 92 15-N6c., 00 at 240.) B.N.: 10 at “B274c.5 ‘regular; 800 at 22 15-16c., 10) at S9740., 800 at, 24 15-160,, 100 at 23 1-160., notice after 4in ; May, 800 at 2ige., GO at 23 Sco, 70 at YAc, 100 at Bi Tle. Bn) at, Bic, B00 at 25 8-160., 100 at 2igc., 100 28 B10. 8W) at 237-820, ; June, 200 at 2 at 2B 13-1 BOO ab Bice, 100 at 38 wide, + bOD at 23 500 wt 23 cy 100 at 23 Ib-ibc., 4 eptember, 100 at 214. ; Uctor der, 200 at 2044¢. Exchanged—4e, pata to exchange 100 April for’ 100 May. ‘Total, 7,00 bales. Grand total Rates on cotton to foreign ports ciose) as Byvaaliy Si6dcy to Hambu Fee at tne porte sum New Orleans, 3,413; Movtle, 23 BH; Wilmimgton, 92; Norf javanns ‘ 05; Baltimore, Tia Yor, 851; Boston, 68. | Tot . 'Tiis day ‘Inst week, 8119” ‘This day last voar, 9732. We auote bes Cntande, Alaama, New Orleans. Texas Ordinary. wy iG » 2 Good ‘ordi 2 Rs is By —he quotations are based on cottun ranminz in quality not more than half a grade above or below th grade muoved. Correr.—The inarket remained dull and entirely nomi for all descriptions, We quoi ew Ho ordinary, [4 igc. ‘a 1530. ; do. Bc. a 164C.; do, id, an bond, aixty days; Maracatbo, Lee. Ane. St. Domingo (a bond), 10.5 flour, 6,673 bb's.; wheat, ‘200 bbls and 373 et was quiet but aquregaie about Dag heady. The ales ca portion last evening 9,400 bbia, including 600 bbls. Southern and 100 bbis, fine rye, at prices within the range of our quotations. Corn meal continued fn limited demand nd about steady. We hear of gales of 300 bbls. Western yellow ut Gu 49 on the et super= a . 0 ra. bu Kound hoop Ob! °5 Round hoop Obto, tr 0 Family. 00 Bt Louis 5u Bt, Louis stra, 0 At, Louis choice doubie St, Louts choice family. Rye flour... Southern No.4’ Southern suyeriine, Southernextra. ‘anil & ERODE seDeESoeE eee eee eee eed = winter was scarce, wanted decide . which was virtually The asics were about 63,000 bushels, at in store, #1 BI for choice do., $1 Of for ing atloat, $1 6) for do, in store and ‘do afloat; #1 #1 for amber State, #1 7). #1 78 1or red Jersey. Choice amber Michigan held’ at $1 90, Onis were duil, lower and almost nomial at the opening, Dut closed more active at Sic, a 5130. for Wertern afloat, The salew asgregute 115,009 bushels, at ble. w 5L3gc. forbright and heavy No. 4Chicago afont, and B2c. a Sige. for white Obio on the tra continued in’ fair demand, with sales of 9,000 bu 12% for Canada West, ad 5c, for two-rowei State in store. Rye remained quiet, but firm; 000 bushels of inferior Western sold at Bsc. ; choice quoted Corn was firmer and in good demand. ‘The sales were about 67,000 bushels, at 72ige. a 78c, for mixed ant Tago, w tie. tor Weatern yellow, Southern white nomial, at Fe. a Tic. FRAIGHTS.—The market for berth fretghts was dull, but rates exhibited no material cli re. ere continue ia tar call for vessels for the petroleum trade, and thuse chartered were at about former rates. For other purpoacs thers was 5 a! | ber year. He | Men” Who had mann & Co. report the stock, and receipts Hhds, Bower. Bagr. Meludo Stock (ascertained by actual a3 aed count, including specula- ftom, Aoi 1, 152, 8G152 145 Receipts since April 49,379 2,083 T ee 186.511 2,827 Bales since April i. 43,448 80 Stock this day, April11, 1872,. 92,412 08 1,007 Comparing with stock” Aprils, 1871 sha 278 4,853 prt 14) As 4.0 ‘April 18, W809 B93 TH) oe —We quote : Inter common refining, Bige. or to. . Tye @ A fair to good fairretining, 83c. a 85¢¢. ; good to vrime reine ing, Sige. » Bac. ; taly to good grocery. 9 a 94c.4 prime to choice grocery, 4c, e. centrifugal, thds, wad hoes, BM QC. : da. and boxes, Zigs. a 8550.5 melado, oxes, Dutoh st 9, 08. 7 to 9 Begs a - 5 lon, 19 to Porto Rico--Com: bit “ty Totes fda, tou WY to 1a, Sige. ‘ 10.. 16 to 18, Wage, & 11h: & Le . 13 20, 11%, 60; fair to choice xrocery, 9. a 1c. dard, Nos. 8 to 12 Vgc @ Ye, Java— Nos. 10 to 12, 8c, asc, Manila—Superior and extra superior, 7igc, a '84c, New Orleans—Reaning grades. 7140, a 8°50. ; erovery do. 9. & TALLOW was in fair demand and scarce, Sales 60,000 Is, at Sie, for common and YHe6. for choice, 131 Receipts, 77 bbls. ‘The market today was gilet aud again iower. " Sules were reported of 150 bls, wt DOMBSTIO MARKETS, Corton quiet; good oritt Sais. e Bosces Met roceipi Dotto + good oriinary, 20'y0. « et ace! 183 bales. Bales, 80, Stock, 19,37), eens ‘ Naw ORLEANS, April 11, 1872. Cotton steady ; middlings, Me. Net receipts, 3.419 balow; grom, O40. Exports to Liverpool, 8167. Sales, 4100, Stock, 0 April 11, 1872. cx} Mont. Cotton quiet but steady; middilugs, wife. a Mize, New receipts, Lag og Exports to Great Brisain, 1,781, Sales, 80U. ‘Stoc! 307, BAVANNAH, April 11, 1872, Cotton quiet but firm: middlings, 45, ‘Net receipts, bales, Exports—To Great Britain, 8,833; coastwise, 1,092. Bales, 1,500. Stock, 59,537, ey tives eaten 116 une SVEL LM, ApriL AL TPR: fobacco active, Sales 8, lugs, at + good cuttin, leaf. gan. lugs, at $i go 6 OBWRGO, N, ¥., April J1, 187%, Flour steady and unchavged? sales 4,000 ubla. at $8'for No. 1 sprn #8 50 for amber win! 9 for white winter, $9 50 for doubie extra, eat SCAI alea 80) bushels No, 1 Mil- 000 bus hoice waile Canada on ¢ quoted at B1 80 a BI 8. Cora sales two cary at 7éc. Barley dull; rales 1,600 buah- 1 up lake Canada on private terms. Opn Bees 2 at tineh : bolted, #1 60 for undo.ted, per owt shorts, $26; shipatuits, 327 a 908; middlings, $28 a #80, per ton, as to ‘quaity. Hixhwiues, ‘Sige, allroad frelghts— Flour to Boston, Wc. ; to New York, ble. ; to Albany, 42cr CMOAGO, Aprit 11, 1872, Float in tmproved demand; ales of exird spring at, 8 25 #86 50, Wheat active and tirm at @1 924 a $l 20g for No, Pepring. Corn at 38 ye. for No. % Kye in ry improved demand at Wo. for No. % Barley firm at dlc. Vrovisiona firm. Pork wold at $14 10, Lard quict at $8 45 & $8 60. Bulk meats stendy and firm; sales of shoulders at Hee clear rib uldew at g7¢c. & os clear widen at Gye, Hane in pickle sold ut 7c. a Se. Whiskey firmer ; B2c. bid; held at 4c. a }gc. higher, Hogs moderately active at #4 126 a $84 65. Cattle irmer. Recetpts—4,00U bbla, Hour, 2,000 bush- ela wheat, 18,00) do, corn, 25,000 do. oats. 1,000 do. barley and 8,000 hogs,” Bhipments—fh0 bbls. flour, 15,000 bushels Wheat, 00,00) do, corm 3,00) do, outs, 1,000'do, rye, 9,000 do, barley and 6,000 hoya, MUNICIPAL AEFATRS. BOARD OF ALDERMEN. The Aliecmen Get Into Line ov the Question of Economy—A Lively Debate. The bi-weekly meeting of the above Board was held yesterday, President Cochrane in the chair. NEW CITY OFFICES, Alderman VANCE called up the report, which bad been made a special order, in reference to oftices for city governmeat, The report recommended that the hospital in Duane street be leased by the city. The rent demanded for the building 18 000 per anaum and can be leased for any period from one to ninety-nine years, as may be deemed to the pest interests of the city. This was a saving of $6,000 per year, inasmuch as the bulldings scattered over the city now cost an anaual reutul of $85,000, In supporting the adoption of the report Algerman Vance said that no contagious disease had ever been tuken there; [t had been used for injuries or chroulc diseases, In his judgi.ent, and also m the judge meat OL an architece Who accompanied hun over the building, @ better or more suitable building for the purpose could scarcely be coustructed. in view of the saving of the expense, 1L should bo rememe bered that past practice had shown that on the Japse of leases of buildings tne rent of tose build- ings had considerably mereased. In the building there ate four entrances; At is also a fireproof puild- jug, in which the records of tus city could be Kept. At preseni tuese records were not in fireproof bulld- ings. Alderman FALCONER sald that if it were a ques. tion of business no bustuess man would hesitave a moment to take it—inased, he would scarcely sleep until he had done it, As an instance of the value Of property 1n this neighborhood he would mention: that Laere Was Within iis Knowledge now an offe; Ol $20,000 per year, upon @ long lease, Of @ store 1 Broouie street; a store in roadway, seventy-five teet loo, Nas brought 260,000; this certamly had ong or two rooms Up stairs; butil Was an established fact ee value Of property had greauly increased ately. Ou tne submitting of a resolution that the report be adopted and the resvitttious approved tie fol- lowing voted in the negative:—Aldermen Coman, Fitzgerald, Joyce, Marun, McLaren, Piunkiti. A silent, Aldermen Falconer, Metir~ adade, Vance, Van schaick, Wider, A COMAN inquired if tue resviution did twelve voles, The Chairman deciied that it did, and the resolution to lay over Wes cur- Tied by a Unanimous vole. CONTRACTS FOR CROTON MAINS. Alderman VANCE moved the Jollowiug resolu- tloa:— Resolves, That the Commissioner of Pablic Works be re quested to taks measures to haze the work of digging treaches for Croton mains and filling up the same anu re pleing done by contract, the usual public notice belng given, Xnd tie lowest responsible bid to be accepted, Alderman PLUNKITT moved that it be referred to the Comittee on Roads, in supporting this resolution Alderman VANcE said that he was certain ihat there would be a saving In the adoption of tus resolution of $60,000 now Whhed ®et the gente been elected as reformers, and who were the representatives of seveaty tiousand of the cillzens, to come into line and'show whether they Wanted reform or not. He Judged the time had come when the members of the Board id ve compelled to deciare themselves, when questions of real economy must either be supported or opposed by them, A good deal of reform had been talked abouc; a good deal had been placed on the minutes, but no practical steps had been taken towaras bringing abaut reform by the Board. Now the proposal to reler 1t to @ cominittee was for the purpose of smothering the proposal. This may be done for personal reasons, and it may be done for promoting personal interests, or those whom the opponents of these measures for economy represent outside, Alderman PLUNKITr denied that he had any wisn to smotuer tne resolution, He had forgotten that he was on the Committee on Koalg, and therctore he would move to refer lt Lo the Commitice on Pub- lic. Works, Alderman MARTIN denied that he was animated in voilmg by any other motives than those which were commendable. He was twenty-one years of age, and was able to judge for himself; and wha ever he did he did openly, He did uot employ ify or & Sele g ar in @ factory, and was, sere- fore, not airaid of them asking for an advaace of w frmauve—The 2 baci, ages. ‘The OMATRMAN called the Alderman to order, and but litte Inquiry. The engagementa reported to-day wore ax follows:—1» Liverpool, by stenm, 4,000 bushels grata at 4d. 100 tons oll cake, 101 by yate terms, Tho cbariers comp ig, henes to Genoa, 6,500 cases refined petroleum, 25c,; a Norwegian bark, hence to Continental port, 3,300 bola.’ refined petro- Jeum, 4s. 43gd.; 0 Britian steamship, 77) tons, to Stettin, gen- eral Cargo, on private terms; also late yesterday, an Am can ship from Philadelphia to the Continent, 6,000 bbl e etro!eum, 6s. ; « British bark, from Philadelphia to the Con- Tiuenty 6,00) bbis, refined petroleum, 48, bd. OLA 8. —The marker for both foreign and domestic uit very frm. We of no transactions. We Ola Cre New Cro; Cuba—Centrifngal avd mixed,,....18e. @20e. Cini layed » 7: Bie. a Ste. Muscovado, refining. Ble. a 35c. Yc. a Abc. - ‘26e. a B5c. . Bue, a Abe. 4c, a70c. epirien turpentine eon: by active iaat week, We heat ot sales of 375 bbia. at 65s., 40 bbls. from doek at éo., and jobbing lots from fore at 676, Rosin was quiet but about steady. 1 Ralen have been 700 bbis. strained at $8, 84 bbis. NO 2 at 4350, and 59 bbla. black at $250, Tar remained dull and nomiual; quoted at #2 80 for Newbern and #3 for Wilmington. PRTROLFUM,—On 'Change to-day the market showed a little more animation, and prices were the offerings were light. We hear of jes of 4,! standard white, for prompt delivery, ule, id 2, bis. do., for remainder of month, at 21/,c. Crave in bulk ‘was quiet, but firm; quoted at 12c, Case oi! met with a mod- erate inquiry, but we heard of no held at 27 4c, @ Napntha was also in limited request, but without reported transactions; quoted at Yige. a 10c, Atthe creek the mar- ket was a litte more settled, but quiect;quoted at $340 on both The Philadelphia market remained quiet and ined held at 21440. for prompt aeiery. -Keceipts—Pork, 14 bbis. ; f, 2,791 pack $92 Vos ol lard, 910 bbis, and tierces and 73 kega, market for moss pork was fairly active and again firmer for early delivery. “The aales, were:-260 Dole. for April at $19 894 500 ble, (or do, at bbls. for May at $13 50 p 13 60, 1. ‘and 500 bbls, for August at 18 bi condined to small, unimportan’ firm—generslly held above the views of buyers: long clear held “at 76., with bide of 6%e,; short clear uotod at Tic. Dressed noge were firmer under an Improved demand, quoted at Oc, (340. for heavy to let. Beef was in trifle better d made fa Jot of 195 bb A Bacon was quiet, bu sewed nado nleweatin¢ ; for Indin met vat firm § saeein way were made meats Temaine: and ly. ear of sales of BW terces plot ama taser ‘and 95 boxes di alted suoul- re ie uote Smoked shouldgra, 6c. a 6340; do. 1c, & 190. ; pickled bellies, 7e, x 80. for boxed oF loose; do, shoulders, 5ig0.1 do. hams, 80.9100, Lard—The market for let but firmer; prime quoted was Go, for spot, of sales of 300 color and $0. ® . for choice; 600 tierces for May june at 24 and 260 tierces for July cis at Bio, i, fe [ ar Sige, : 280 Heroes te at B3g0, At Chicago 1, for June realized 80, City lard dull; 75 tieroes 801 m.—The market to-day for Carolina was dull and , but exnibited no partioular chan; in former quota: 8. ‘There were sales only in a jobbing way, In torelgn Tre hear of salen of 160 haga Patna a6 1346. « 740, and 2. baga Rangoon at 6740. UGAR.—The market (or raw has been a trifle more active at (air prices, The sales aggregate about 2,363 hhda. fall grades, at prices withiy the jubas, compriein, if our quotations, and 788 boxes centrifugal on private ued wae ju moderate demand and peady, terme, sald personal allusions must not be made. Alderman MARTiN said he was not aware that he ‘Was peraonal. al always ready,” said ne, “to show my hand, and I am never astiamed of it.’ Alderman VAN SCHAIOK Was airaid the Board had no right to Interfere as the resolut:on proposed. Alderman Joyce sald tiat the resolution was all buncombe. Tie, Street Commissioners had a perfect right to employ*whom they pleased, and the resolu- tion was only intended to lower tae price of poor men’s labor. Tne resolution was lost by the negative vote of the following (Atderman Comau lett atver the pre- vious vote):—Fitagerald, Joyce, Marin, McLaren, Mehrbaca and Plunkitt, Aiderman VANCE said that he had other test reso- Jutions, of @ worse character than those he had pre sented, which he intended to bring immuimediately beiore the Board, A large amount of routine business was gone through aud the Board adjourned at nalf-past five O'clUdk. BOARD OF ASSISTANT ALDERMEN. The Board of Assistant Aldermen held its semi- weekly mecting yesterday afternoon at the usual hour. Ous I. Hail, President, occupied the chair. THE ASH NUISANCE. Assistant Alderman Connor moved that section 26 of chapter 45 of the Revised Ordinances of 1866 to read:—But the removal of ashes and cinders and also garbage by ash collectors shall not ve made between the hours of seven ia the moruing ‘and nine In the evenlog under ‘he penalty,” Motious to refer to tivo committees were lost, and then, upon the question of adoption, Assistant Alderman GALVIN deprecated in the strong manner the waste of time made at cach meeting une Board in the discussion of the sabject of the re- moval of ashes, Jt had been disposed of, he thought, at the last meeting, When the question was (uli, mtilated, ‘Asalstane Alderman CoNNOR replied that he moved the amendment at the urgent request of numbers of nis constituents, It was a matter of general complaint that ladies’ dresses, hats, feathers, &c., were destroyed by, and their cyes fllied with, tue fying dust, ‘Assistant Alderman PINCKNEY moved its refer- ence,to the Comumitiee on Public Heaith, The mo tion was agoptet, Suen reference was recom- mended, a4 Mr. Pinckney heid that the matter may have some bearing on the street cleaving contract, which he pronounced “a fraud.’? APPOINTRD OITY SURVEYORS, Assistant Alderman STRACK, Unairman of tho Committed on Salaries and ‘Ofiices, reporwed in favor of concurring With tae Board of Aldermen in the appointment of Heary D. Toda, Wiliam Wid- mayer and Joun A. Merrick aa City Surveyors. A vote of concurrence was passed, PAYING THR PRIN Ported in favor of concurring with the Board of Aldermen to pay the bili of Martin B. Brown & Ca, amounting to $!,511 05, for stationery supplied the Common Council this year, Tho matter was laid over, PROPERTY ILLEGALLY LBASED, Asaistant Alderman CONNOR ealied up the follow- ing resolution, which Was reconimended for adov- tion by the Committee on Law 10 thelr report read Maret 25, 1872:— ‘That the Counsel to the Corporation be and he ts hereby alrected to commence such proceedings as he may deem proper to recover from the grantees Or lessees of all movers, granted or leased by the city of New York without good legal aud adequate cousiderations or mere nominal rev Mr. CONNOR said that recent Investigations show that certain lows and buildings belongtng to the city have been leased or rented at mere nominal rates, from $1 upwards. ‘The same, If properly disposed Of, Would have brought a goodly revenue to the city. The law o'lges that such property be offered at paoia auction, and therefore private contracts en- ered into by the Commissioners of the Sinking Fanc are illegal. There are 115 such lots, Mr. Con- hor velteves, ‘The resolution was adopted, and after the transac- tion of some routine busmess’ the Board adjourned, THE METHODIST CONFERENCE. Second Day's Proceedings—Homos for Super- anouated Preachers to Bo ured by Cone ference—Good Reports from the Churches— Examination of Character. The hour preceding the opening of Conference yesverday was spent in devotional exercises, Tho Conference therefore resolved not to have any other opening exercises but to proceed to business. A Committee on Statistics was appointed. The pas- sage of character was resumed, and the name of President Eider Brown, of the Now York district, Was called. Ho reada brief general report of the progress of Methodism tn nis district, Krom this report it appeared that the coliecitons for benevolent objects have Jallea of, owlng to extraordinary calls made upon the churches for the Chicago and other se nearly ten thousand dollars ratsed fof the Ladies? Uulda Aid Society, Several new churenes have been dedicated, projected or pro- gressed. In Irvington, where Metnodism bas never had a stand, a socicty has been organized under Rev. P. switt (formerly of Attorney street Methodist Protestant churci, New Yors), ab present consisting ol eighteen members, A lecture room has been erected ab a Cost ol $9,000, which, together with the cost of the lots, $4,000, makes A GOOD SHOWING FOR ONE YEAR, There remains, however, a debt of $2,300 uapald, The Rey. W. F. Butler has established an exceileat colored mussion in the upper part of Broadwi Known a8 St. Mark’s Meihodist Episcopal ciurch. lt has Dow elghty-seven menibers and ninety-two pupils in the Sunday School. During the year twenty-six persons were converted, including two Catholics; Lwenty-flve were also received on proba- tion, ‘The disitiet has nad very general prosperity and some very excellent revivals during the year. ‘The examiaation of miuisterial character having been resumed, at the call of the name of Kev. W. H. Ferris wnat preacher stepped rorward and acknowl- edged to an error (paruculars not given), and asked the cleinency of the Conference, ‘Tho matter pee, being @ trivial one, on motion of Key. Dre Foster, of Drew Theological Seminary, the Con- ference resolved, by a rising vote, that the con- fession having been mace and forgiveness asked, the Conference had now uothing against the brother, Bis charnaiae was accordingly passed, Luis bus js EXAMINATION OF CHARACTER was then continued, and very favorable reports Were presented from all the charges, ‘The Key, Dr, KiNG culled attention to the efforts made by hig committee, appointed two years azo, to provide Couference homes for wornout preach- ers, They had found one such during the past your in Middletown, Orange county—a house 2b On & lot 80x38), two stories aud aluc, eight rooms, and purehasable for $1,600, This amount, with some assistance from nen, tie inembers Of tue Con- Jereuce promptly esterday, The Revs. J. J. , Seoey Martin and W. OC. Fowler were elected deacons and received into fuil connection. ‘Tho Bishop (AMEs) In asking them the usual disciplinary questions gave them und the eu tre Conlerence sume excellent advice and sugge: tions upon the tuportauce of interior or peart purity and Consistency of Lle and preaching, obe- djeuce to the recoguized authority of tue Churcn, study of books aud men, and being ever ready tO give @ reason to every man for the hope which tney entertalued, A great many good Chrisuans, ue Bishop said, were ready to beleve that tuey had had a good iaectng, Without belug abie to tell wity. Great stress Was laid also on EXPERIMENTAL —- RATHER PREACHING, The candidates were also cautioned agaist tn- duiging in fauitellnding crilietsius of their bretaren. And, said the Bishop, nO Methodist Heed look over ‘his suouider at others, He wiil find enough belore him and beyond to urge Lim forward ia tie pursuie of noliness. Holtness, he said, is in the man, aad hot in his surroundings or in bls oillce, as held by Romanists aud others, ‘Tae Key, J. Sims, of the same class, was continued on trial anocher year, anu Mr. J. W. Bania, who iad Conscientious scruples against receiving stipulated salaries, requested to be allowed ty relive, Uuie! Was pertaitied to advocate Mis own views mouey question and get his pay from ul rather than from men. He was allowed to reti AN IMPORTANT QUESTION. Rev. Dr. Br , Presiding jer of this district, asked the Bishop Whether 1a tue trial of a preacher tue Presiding Elder 18 bound vy the action of the Commitwe of the Conference or waether he caa change it? In other words, whether the exccution of the finding lies with the Committee or wita tie Presiding islder? ‘the Bishop considered the question important, but was not then prepared to uuswer it, Rev. Dr. CRawFoRD cailed attention to the fact that une Lay Electoral Uonterence is to meei to-day uteleven o’ciock A, M., aud he moved tat Unis Conterence adjourn at that hour to give them the THAN THRORETICAL use of tue church, Adopled, Adjourned. The Preacters’ Mutual Assisiauce Society neld thelr anniversary at tree o'clock, at which ime addresses were deilyered by Rev. Di, Foster aud Rey, Mr. Loog. ‘Ine Misstonary seriaon was preached at ball-past seven o'clock P. A, by Rev. Gideou ‘Draper THE FEMALE BiBLE SOCIETY. Presentation of the Annual Repo teidc- dresses by Distinguisi Divines. The fity-sixth anniversary meeting of the New York Female Bible Society was heid at noon yester- day in the Bibie House, Astor place. Tae room was Oiled with ladies inverested in the good work, und upon the piattorm were several noted divines, Tue Rev. Dr. Holaich vccupied the chair. Alter the Teadiny of the eighth chapter of Acts, and a prayer by the Rev. Dr. Howard Crosby, the Kev, K. W. Gilman read the reports of the treasurer and sec- retary. The total receipis during the year amonuted to $11,119 34, which, with the balance froi !ast year ($2,708 20), had beep expended in the most | profitavie manuer for tae benefit of tue suciciy’s mission, During the year the society had veen bereft by death of four of its managers—Miss Kis- Sum, Miss Aspinwall, Mrs, Neeius aad dirs. Astor. ‘fue Rev. Dr. Tyng then addressed tue meeting. rhe subject of his remarks was \e power and tu- fiuence of women in dotag good. In eioqueat aud forcible language he pointed out to his liearcrs how eminenuiy fitted woman Was by nature to spread tie gospel of religion, aud he besougit them aot to ‘Wax Weary Ol tho task of sowing the youd seed, bat call on God 10 lend tem new sirengih 1a Wen eurnest enaeavors vo promote the growth of Curis tanliy. wane Rev, Dr. Ormiston said he thought he had formed @ pretty just opinion of Woman's Worth, She had tie greatest eliciency to do almost evecy- thing; but he was not quite sure that sbe always knew the right time toact He, belug the son of a woman, was aillicted with the sare Laing aimselt. He believed that th’ ‘ork in hand Was specially suited Lo Women, aud spoke of what be had seen of similar missions’ abroad during @ recent visit to England, Wath regard to books, they were of many kinds; some gooJ, some useless, otuers bad, leprous, contaminating to body, imind and soul; but tuere was the Bivle—best of books—that was always read; had beea for ages and would be jor ail time. It had been read far ofteaer tian even the Most tamiliar story books or the “Piigrim’s Progress” and ‘Robinson Crusoe."? ‘Thou. wiitvea by some tingly or forty ditierent gy comprising ail classes—kings and shep- herds, soldiers and sullurs—and its pages extendiug over @ period of Sikieeu conturies, yet a goiden thread of unity ram tivouga the whole. The Bile Was indesiructivie, During all the disasters aud confess of Ages it had been preserved; tor God luved as too well to peruit us to ve robbed of its holy teachiags. It had u distinct purpose, as every book not utterly useless must have—that purpose Was Uie saivaiion of Our souls, It was designed to lift us Out of thedepths and convert us to Christianity, Alter a somewaat lengthy bus eloquent dissertation upon the merits of tae oly Book, vr. Ormiston said he lamented that awong Cliriatian women tuere was sO Sight & knowledge of [he Seripiurea, Even among educated Jadies he had found that there was @ great paucity of jamiliarity With tue words of tne prophets aud aposties, Women suould be priest esses in their own houseuolds, whatever people might sav avout their beiug out OL piace in the pub- lic pulpiX At the concivsiou of tue Doctor's ad- dress tho report, as road, was adopted, and tise fol- are ladies elected managers for we eusuing at airs. L. Baker, Mrs, F, A. Livingston, Mrs. Anson G. Pheips, Mra. G. L. Beekman, Mrs, Thomas 0. Doremas, Mrs. Richard irvin, Mis, Barfe, Mrs. Bamuel @ Sinito, Mrs. Gillett, Mra, Kdward J. Wooisey, Mrs, Willam Trasiow, Mrs. Wetmore, Mra, De Witt, Mra, Dr. Purdy, Mrs. Dr, Holdich, Mrs. J, A. Wright, Mrs. J. Beart, re. Re Le Stuart, Mrs. J, L. Graham, Mrs. U. De Peyster, ue M. H. Treadwell, Mra, Ff iMarper, Jt . Chanler, Mrs. Cora Livingston-Barcon, Mrs. Will 4 E, Vodge, Mra. Davison, Mrs, J. 0. Greon, mM Mead, tf ABy 8. ‘Mrs, Jessup, Mrs, Turobull, Mrs. William jail, Mra. Timpson, Mra, Uharles ©. Col- Phiip H. Wiliams, Mrs, Holdeu, Mrs. ‘Ban el Lord, Mra. Hl. W. Jotinson, Fisk, Mra F, Cook, Miss Dufte, Miss Mra, J. N, ER. ‘The Committee on Printing aud Advertising re- J Racbel L, Kennedy, Misa Jane Wardy 6 THE FRENCH ARMS Pan Secretary Boutwell’s Recoliections About Chame brun’s Interference—Squire and the Rom- ivgtoa Recommendations — Ingalls and Mrs, Mason’s Story—That $5,000 Worth of Steck. WASHINGTON, April 11, 1872, The Senate Arms Cominiitee met this moraing at hait-past ten, SECRETARY BOUTWELL was recalied, and testified he had held conversation’ with the Marquis de Chambrun in relation to the letter of Remington to Lecesne, Mr. Hamlin—Did vhe Marquis at any time tell you he gave that letter to Senator Sumner? Answer—1 had @ conversation with Chambran some weeks ago upon the subject of the preamble wo Senator Sumner’s resolution, In that conversation the Marquis said the letter—which he understood ta be the Remington letter—was noi delivered to Mr. Sumner by him, and then stated how it was giveu to Sumner, He sald he gave the letter to Senator Patterson to show to the President, and PAITERSON GAVE IT TO SUMNER. By Mr. Schurz—Did he say Patterson gave to ‘Suniner the letter or its convents ? Answer—My recollection fg he sald Patterson gavo the letter or a copy of it to Sumner. By Mr, Schurz—Did ho not further state, as ap- Dears from his testimony, that be communicated the letter first to Senator Patterson, aud that Pater- son gave the contents to Sumner vefore Chambrua had any con versation with Summer about 10? Answer—My recollection 1s that he said Patterson Gave the letter or a copy of 1b to Sumner; I said the Reungton letter; I see by the preamble there were two letters; I have no distinct recoilection as to What letter it was, By Mr. Hamlin— Did ho not deny that ne furnished the letters to Sumner ? SUMNER’S STIMULATION, Answer—I did not say that; | went to the Mar- ad in order to protest or complain that he bad rawn Senator Sumner into an equivocal position, and the conversation on is part was in the nature of a denial that Sumner had acted by his special ageucy or influence, and he said he tad wiihheld inlocmation from Sumuer aud nad not stimulated him to this investigation. Question—Did Chamorun state the opject of his movement? Apswer—I do not think he did; he never ex- pressed to me his desire to ald M, Pince; I think he expressed friendship fer Place; | bad turee conver- sations with the Marquts, but f do mov recoilec: fur- ther on this potur. COLONEL SQUIRE was recalled. In reply to questions by Senator Hamiin he said he had read the testimony of Onam- brua, but not carciully; at the first trial of Piace Remington was accidentally im Paris, aud, picking up a hewspaper, saw it reported that lis uame Was called as a witness, but he was not there; Reming. ton thereupon calicd upon the Judge and presented hinwelf as a wituess without being summoned; he thought that was in Octover or November; THK CRICICISM ANNOYED HIM, as It was charged or intimated that ne was not dis- posed Lo make guod his charges against A. Place; Remipaton was then called as a witness; he couid not speak the French language and so an tnterpre- ler was provided, though a poor one; Remington made the best statement he could ander the cir cumstances; at the first trial Place was acquitted, and the attorney of Place made severe comments upon Remington, and it was in view of these thiags and his relations to the French government that Remington came to America (o obtain lelters or papers AS TO WIS PAST RECORD; Remington was not ta any way tuterested tn get. Ung up charges against Piace; Remington has been asked by the French government to make certain statements about Place; this was called out by the Frencii government and not volunteered by Kem. ington; Remington applied personally to [rends, Inciuding those with waomn he held oficial rela- tous, to furnish the required papers, nut Lo estab- "lish nis character, but to correct misrepresentations abroad; the papers were stuply for the vindication of Kemington; the latter was not called nor the par pers usea at the secon t trial, but were USED BEFORE THE PARLIAMENTARY COMMITTER; the papers were trausiated into the French ian- ape for convenience and a prin copy handed 0 each member of tat commitice; 38 Was not sure copies were lurnished to the members of tie Vourt that tricd Place; to ms Knowledge tne letters or papers were not authenticated vy the Secretary of State; he thought the signacures of the writers of Uhe letters Were authenticated at the American Legae tion in Paris, By Mr, Schurz—These papers were not procured to help in the settiement of Remington's account with the French governmeat; tie accouats had been settled by tne Committec on War Contracts; ine Witness understood the only delay in paying them was the Waiting te ascertain what will COME OUT OF Tii8 INVESLGATION; if matters remain as they now are the Kemington3 would be the losers; the Remtugvons, if wey had chosen, could bave lakcn advantage of the French governinent, a8 Wey lad been olfered larger prices Tor artas by private parties; the witness gave an account of ihe $5,000 Remington ceruficate or stock which General Inglis testified nad once beea 1a bis possession; 16 Was wn issue Of overstoca; lugails never received irom witness anything but 93,000 for it; Ingulis said if Squire had pamed a jower sum for the stock he woud have taken tt, and squire said u ingalls iad asked more he would have given it; the stock was issucd to another party—Geoera! Butterfieid—for his eforts to pro- cure THR INVESTMENT OF OUTSIDE CAPITAL in the Reinington Company; he thonght the stock Was issued in blank, Butterseld’s eiferts tatied o¢ Were adandoned; if tue arrangement had been cared out the cerudcate would have taken the place of the stock, By Senator Carpeuter—The certificate was not purchased trom lugaus m considerauon of any- (ping; ne never betieved Ingalls did anything In the purchase of arms; the -tock was not pur- chased with retereuce tw any sale or effect to be pro« ducedjt fit bad been legitimate stock th woud have been worth taree (nes as much as it repre- ved. Witness was tuen examined at length: with ard to lis call av tue War Department to pur- chase arms. GENERAL INGALLS was recalled. Had never had an interview with Mrs. Mason at tue tlotman House, in company with General Dyer, avout the sale of arms. nor bad he had a conversation witn any other woman on toe subject. He repeated lus tormer testimony that the $5,000 worth of scrip.caine toto his*possession from a@ Uurd party, in 1360—from General butterdeld, with whom he had private transactions and an ex- cuange of privaie payers. 1n coutradicuion ol tue Marqais de Caambrun, the witness said be had bad no connection Whatever with the Remingtous, By Seuator Stevensou—faere was no truth what- ever in the staiement of Ars. Mason as to iuimse! he never hid a conversauion wiih McKenzie avoul lhe purchase of arias, THOMAS RICHARDSON was recalled, and gave testimony about the papers procured by Realugta currovoratiay We siates ment of Squires that euch yoyerament bad passed upon Remingion's account. - H. G. Reed vrieily testified in relation to the teati- mony of Peck and Chamorun. ‘The Chairman said the committee would close the testimony with tiatof the Secretary of War, Lue two clerks of the War Departmeat and Representa- tive Starkweather, 1a whose presence, it was said by Cyumbran, the letter of Belknap to Fish had been réad, and aiso that of Colonel Benet and Mrs, dla- son, in case she could be found. ‘The committee adjourned until Saturday, BATTALION DRILL OF THE SEVENTH REGI- Ment, The Seventh Regiment, Volonel Emmons Clark, turned out yesterday ior their first battalion drill of the seasov. Notwithstanding the inviting state of the weatner, witch the Seventh usually takes ad- vantage of to make an imposiag presentation of strength and soldicrly bearing, there were ut about five haudred mea in the lime when tie regi- ment formed in Tompkins square wt twenty minutes after five o'clock. A ~ large asscindiage of the resitents of the Seventeenth ward living near the square aid frieads of te regi ment were on the ground to — wituess the evolutions of the command, and it Was noticed that a aunaber of the regiment played, ta ciuzen’s Clothes, the part of on-looKers aud critica, Tue command turied out in fatigue dress, with white belis, and as they ted into the parade ground, Which Was in superb condition, they presouted # really One appearance, The movements of tne various eg ge elicited warm praise, aud, a8 & Whole, the drill showed that the regiment has not lost much during the winter. Some of the alignments, however, were very inferior, and mos such as the Seventh are xocus tomed to execute. The breaking into column of fours and less dificult movements by one or two companies on tne leit of the column were not at all up to the Seventi’s standard of military execution. Among tie evolutions were marening Dy the flank; coluian of fours on the left; close column by divi- ston; deploying tn line of battle and In mass; bait- ing; marching In line of battle and in retreat; gen- eral alignment; changiug direction in column, and exerciso in the mauual of arms. In all about twenty distinct evolutions were executed rapidly, dnd generally witu military precision and few mis- takes. Tue next Dattalion drill will occur on the afternoon oi ine Zo iusiaal, if the weather proves favorable, THE REAL ESTATE MARKET, Messrs, Muller, Wilkins & Co, sold yesterday, by order of the Supreme Court, Marcus J, Waldueimer, reieree;— fonr story brick honses, with stores, on 8d ay., near Fiedinan lots (about) 19100. 12,000 and $12,700 Nos. 8and 48 Grand sh, two io brick front houses ; io Noes iota, s, 8. 18%h at, near dh A. J. Bleocker, Son & Co, sold: — No. 98 Frankitn av. between Lafayotte and DeKalb rooklyn, a three story brick hunse; lot 20x50; use 40 ft. deep. ane James M. Miller sola:— A four story and basement brick and stone house, 120 Bouth Washington square ; house 2x69; lot oxi 9,100

Other pages from this issue: