The New York Herald Newspaper, June 28, 1872, Page 9

FINANCIAL AND COMMERCIAL. THE NEW CAMPAIGN IN ERIE. The Atlantic and Great Western Company’s Ambition. JAMES M’'HENRY INTERVIEWED. The Two Roads in the Past and What They Can Be in the Future. + ERIE STOCK UNSETTLED AND FEVERISH, ‘{ho Stockholders Puzzled as to the Results of the Alliance. \A FIRMER SPECULATION IN GOLD “Advance in the Rates for Bills on Europe. ‘Stocks Buoyant at the Close on the News from Geneva. Advance in Government and Railroad Bonds: QREINVESTING THE JULY INTEREST. WALL STREET, } TauRspay, June 27—6 P. M. On Change to-day wheat was quict and steady, ‘Who flour market was dull. Cotton was weak. MONEY 4 PER CENT. The money market was easy at 4 per cent. Prime paper was quoted 5 a 7 per cent discount. ADVANCE IN FOREIGN EXCHANGE, ‘The demand for bills of exchange on Europe as a Wehicle for the remittance of the July interest col- Yected for European holders of American securities Maving absorbed the offerings of the leading foreign bankers a further advance in rates was made to- ia and the prime houses now ask 110 for sixty- y sterling and 110%; for sight, allowing a liberal commission or brokerage for round amounts, \ THE GOVERNMENT SALE OF GOLD. The government offer to sell two millions of gold ‘elicited Lids for a total of $5,215,000, at prices rang- fron: 112.80 to 118.3244. The two millions was Wwardes at 113.82 8 113.19. This transaction ter- aninates the government programme for June. The #uly programme will doubtless be announced in time for the papers of Monday morning next. ' GOLD 113% a 113%. ‘The gold market was steady early in the day, but became strong with the advance in sterling, and tthe price advanced from 113% to 113%. At this juncture it was reported that the Geneva Confer- ence had finally adjusted all the questions delaying jthe’ progress of real arbitration, and would to- ‘morrow begin regular sessions for the determina- ‘tion of the DIRECT CLAIMS jon both sides, and gold dropped off to 113%, the juotation at the beginning of business, and closed it 11334. The Sub-Treasury paid out $1,720,000 on ‘account of interest and $102,000 on account of re- \deomed five-twenties. Cable despatches state that e Bank of England weekly report to-day showeda in of £966,000 bullion, and that the discount rate fas unaltered. Money on the street in London was quoted 24 per cent. The course of the gold market 4a shown in the table:— COURSE OF THE GOLD MARKET. 118% 1:20 P. M. In the gold loan market the rates ranged from1 to 4 percent for carrying. The operations of the #old Exchange Bank were as follows :— Pola cleared. + «++ $19,068,000 ld balances. 2,198,609 #urrency balances. . , THE SPECIE SHIPMENT ‘to-day was $80,000. It is estimated that as much as $2,000,000 will go out on Saturday. GOVERNMENTS HIGHER. Governments advanced with the rise in gold and held the improvement to the end, the day's busi- ness revealing a demand for the reinvestment of ithe July interest and a scarcity of bonds which adily account for the firmness of the market. e chief dealings were in the ’67’s, which advanced to 117% a 117%. The following were the closing quo. tions :—United States currency sixes, 1145 @ 114%; alo. do.,1881, registered, 114% a 114% ; do. do., coupon, ‘n9x @ 119% ; do. five-twenties, registered, May and (November, 114% @ 114%; do. do., 1862, coupon, do., 14% @ 114%; do. do., 1864, do. do., 114% a 114% 5 ‘do. do., 1865, do. do., 114% a 115; do. do., 1867, wegistered, January and July, 113% a 118%; do. do., 1865, coupon, do., 116% a 117; do. do., 1867, do. do., ITH a 117% ; do. do., 1868, do. do., 117% @ 1175 ; do. ten-forties, registered, 110% a 110%; do. do., cou- pon, 111% @ 111%; do. fives of 1881, registered, 11254 B 112% ; do. do., coupon, 112% a 112%. THE RAILROAD BONDS. The railroad bonds were noticeably strong on Jarge orders from parties desiring to reinvest July interest moneys. The prices asked were above bidders’ views, and hence not much was done. The following were the bids at the cali:— New York Con 6's, 1883. 9 Han & St Jo, 1g. 101 New York Con6's, re.. 9 Han & 8tJo'con, a jew York Cen 6's, sub. 9) Del, Lack & W'n ist in.101 jew York Cen 7's, 1876.102 1, Lack & West 2d m. 99 Tol'& Wab Ist m, ex... 99 Tol & W Ist m, St L div. 98 Tol & Wab 2d in 1014 Tol & Wab equip ‘Tol & Wab con conv. Gt West Ist m, 1888. New Jer Cent, Istm, New Jersey Cent, a m.101 stm. ‘5—sNJ Southern 7 ng Ritts, F Os ley & lev & Tol n 96% Clev & Clev,Painesvile&Aoid. 9 Chic & Piev, Paimesy'le 4 A, n. 964g Chic & troit, M & Tol bds.’... 9° Chic & @ Ohio gk Ohio & 100 Ohio & 101% St Louls & 5 102 Mil & St Paul ist m 8's. 104% Mil & St Paul Ist m.... 93% Mil & St Paul, lowadiv Sieg Marietta & Olin Ist at. a 3 ony mec zo 2zzZ oem depp The Southern list was dull and steady. The fol. lowing were the closing prices:—Tennessee, ex do., new, 74% @ 75; Virginia, eX coupon, 44 a 60; do., registered stock, old, 87 @ 45; do. sixes, consolidated bonds, 54% a 65; do. sixes, deferred scrip, 16 & 17; Georgia sixes, 75 @ 80; do. sevens, 89 a 90; North Caro- Una, ex coupon, 85 a 87; do. to North Carolina do. do., 23 a 26; do., new, 22.25; do., special tax, 16 » @16; Missouri sixes, 97% & 98; do,, Hannibal and St. Josoph, 045 & 95; Louisiana sixes, 55 a 60; do., new, 60 a 65; do. levee sixes, 60 a 65; do. do. eights, 78.880; do. do. eights, 1876, 83 a 87; Alabama fives, a 05; do. eights, 85 a 90; Sonth Carolina sixes, AM & 66;40,, Lew, January and July, 908 30yA;-4@ coupon, 7436 @ 7! Railroad, 40 a 45; do., funding, 1866, 26 8 Northwestorn preferred NEW YORK HERALD, FRIDAY, JUNE 28, 1872.—TRIPLE SHEET. do., April and October, 20 ® 20%; Arkansas sixes, fanded, 560 00. sony AND STRADY. his ‘The stock market was intensely dull and prices underwent very little Muctuation, except in the case of Erie, which declined from 56% to 5444, rally- ing to 55}, and in Pacific Mall, which fell off to 71%, and closed at 78, after @ rally to 73%. The news from Geneva that the Conference had settled the matters 80 long in dispute, and would proceed forth- with to the actual work of arbitration, communi- cated A FIRM TONE in the closing hours of business, but without excit- ing activity. The duiness of the day is well illus- trated in the fact that there was not a single sale of either the common or preferred shares of Milwaukee and St. Paul—stocks usually active enough to be frequently features of speculative interest and at- traction. Reading in Philadelphia was quoted 123, HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest prices of the principal stocks during the day:— New York Central... Rock Island........ tee Ohio and Mississippi 45: 4534 Boston, Hartford and Erie. 8% 8 Union Pacific, sees BB 8156 C., C, and f, 0. 8645 Western Union Telegraph TA Pacific Mail......... nh ERIE AND ATLANTIC AND GREAT WESTERN. The recent arrival in this city of James McHenry, T. W. Kennard and other magnates of the Atlantic and Great Western party has diverted attention afresh to the subject of Erie and the approaching election, which is to be held on Wednesday, July 10. Naturally Wall street has jumped to the conclusion that the advent of these gentlemen, and of JAMES M’HENRY in particular, means a timely interposition of their influence at the election in behalf of their favorite corporation, which, without Erie, would be noth- ing, and, with it, would be—well, the result in be- neficence is almost incalculable. Those who are familiar with the history of the Atlantic and Great ‘Western know it as a great QUAGMIRE, in wnich were sunk millions and millions, not only of greenbacks, but of “good pounds sterling, man,’” drained from enthusiastic investment seekers and fortune hunters here and on the other side of the Atlantic, the mania for its shares and debentures having been an episode in the financial history of Great Britain, when the enterprise was headed by the luckless SIR 8, MORTON PETO, the great railway contractor and bridge builder, whose presentation of an army of ‘‘navvies” to the Queen for a sudden emergency in the Crimea won for him his elevation to a baronetcy and a wide- spread business fame, which gave him and his frm & monopoly of many important contracts in Europe and America. His tour through this country six or seven years ago, when Mr. McHenry was the active superintendent and manager of the Atlantic and Great Western, will be remembered for its lavish banquets and magniloquent speeches, the oratorical Part of the display being calculated to give the im- pression that the “A. AND G. W.” was about to absorb all the railway lines in the country. These initials and the subsequent col- lapse of Sir Morton Peto and his corporation caused a good-humored paraphrase of the title of the road by the country people along its line, who to this day frequently read the letters A. & @. W. R. R. on a passing train as the “AIRTIGHT AND GREAT WINDY”? Raillroad—a spirit of ridicule which we have already seen evinced at the Stock Exchange in the comical interpretation of such railway initials as “0. C. & 1.C.,” “U. P.,”” “P, M.” and others, Pacific Mall as “Perpetual Misery” being, perhaps, the wittiest of these efforts on the part of the “bears,” with whom such epithets usually arise, just as the one applied to Atlantic and Great Western arose with the residents on the line of the road, who are without knowing “‘bears,"’ also for the reason that not being possessed of stock, bonds or scrip they like to see the road depreciate. THE OFFICES OF THE COMPANY in Nassau street, with their menagerie-like com. partments separated by iron bars and wired screens, presented no unusual stir to-day, and the clerks were quietly engaged at their usual avoca- tions. Mr. McHenry is the guest of Mr. S. L. M. Bar- low, that gentleman in sundry visits about town. But no special action seems to have been taken as yet, nd has spent most of his time in company with at least as far as has transpired, in Wall street. THE PLANS for such action as is to be taken by the Atlantic and Great Western party in the Erie election were arranged on the other side previous to the de- parture of Mr. McHenry, who comes, therefore, simply as an agent to carry out such instructions as he has been intrusted with, being at liberty to modify his course of procedure as his discretion shall decide or direct, In an adjoining colamn Mr. McHenry tells his own story to the indefatigable “interviewer” of the HERALD, and gives a very ex- plicit account of the present situation of the rela- tive interests of Erie and Atlantic and Great Western. SALES AT THE NEW YORK STOOK EXCHANGE, Thursday, June 27—10:15 A. M. $5000 US 5-20, c, "64..... 114% $2000 US5-20, ¢, '67..... 116 10 A. M.—Before Call. + 14% 00 shs Erle RR. 55: 200 UY dL S&MS KR. 96: ow do... 963 300 100 SI 98 20 200 do, DS 96) 70 700 Un Pac 37 600 300 vf 400 1000. do, 20 200 Del, Lack & W RR: 108' 109 400 &'N WRR. u 0 f teeo 500 do. 3 72 2100 100 do bs 1700 400 Chic & 110 2a 6 do 300 1 1000 4000, C &1 ORI BOE 50 co i 20 200 1100 300 1200 Board—10:30 A. M. $4000 Tenn 6's, old..... 7434 200shs Pac M88 Co... 72: 10000 Virginia 6's, def... 16% 100 do... By 1000 Missouri 6's. 200 Harlem RR. 6 Mi He 10 LS &MS RR. 966, 8583 oS 56 en . 85) B64 56 hy ie at a0 4 100 Con Coal of Md ony (* ageat ihareng i 10) Del & Hi Canal... 2 BB Quick Min Wo.) ¢ 3 100W U Tel Tt luo do. 7 ONY CS 10} 20) Pac M 88 Co. 103 100 do. Lit a0 ‘ a) Pi 0 £00 a 1700 % 20 45% 200 45! 300 rs +0 “0 i oo as $00 a ‘500 Ly 1915 and a5 P.M. Us a ne re ii Pe aaa aly i 20,0. 16800. 117 iow vi “HS 20000 US 6's, 1040, r.be 1 9:30 P. M.—Defore Call. 500 she # 4 1600 Peo i ay $0) do. 2 7 WLS aM 1000 Erie 1 ry 900 do. Bs 100 Go. os 1 do vm do i ao ts it a Mo 8 % © Wo @ do. i by Bec P.M. 91500080 65,n, Jaa sy 2% WW) AQunnee $08 i aeeee: 2 SES w oz, Ss SESEISSESSESSERES LE ESEESESEE See) $eseeeetoonede a4 Pree Seek Sysesssee Suseesse: Pareeeeee & COMMERCIAL REPORT. IEE TTD ETE RS Cotton Market Steady Under a Moderate Demand—Receipts at the Ports 608 Bales—Wheat a Shade Easicr—Pork and Lard Steady—Spirits Turpentine and Rosin Firmer—Whis- key Nominal, Easier—Corn Tuvaspay, June 27—6 P. M. Corrne.—No round lots changed hands, but there was @ fuir business consummated in jobbing par- cels, which realized full prices. We quote:—Rio— Ordinary cargoes, 160. a 16%o.; talr do. 17%c. a 180. ; good do., 180. a 18%e.; prime, 19. @ Ip., in bond, 60 a 9 days; Maracaibo, 20c. a 2c.; La- uayra, 20c, a 22c. '4c., gold, per Jamatea, 194¢e. Ceylon, 200. a pot cotton the market was s Future delivery was r ut under a better dem: nd. easier at the openin; subsequently recove Consumption . ve L027 163 asis low middling) the sales alter 8 o’olock—July, 255-16c., notice after ery ( ‘Sales Inst evening 4c. notice after 8th: 100 a 00 at’ 25 3-16c., regular; August, 1,200 at 25% ¢-4 October, 10) at 2 00 bales. ' Sales t 00 at 25 bth; teinber, 300 at 20) 400-at Wisc. Total 16-16e., 200 25%;0., 400 at 25 283ge., 200 at 23340. 5 tabs vember, 100 at 20 3-160. ; Decem- c., 400 at 19 9-160. 10 exe) nge 60 July tor GU vember shipmeny’ Savannah, '19¢c, Exchanged—i-16 follows :—Galves- W8. ‘This ‘day ‘last week, 1,024; this day last year, ‘ates on cotion to forel; loses 1, sd. Good ordinary. Low middling Middli —The quotations ton running in quality not more than half a grade above or below the grade noted, FLOUR AND Gratn,—Rocet 616 bbls. ; wheat, "Phe flour mar- ere was’ some inquir; comprising about 11,099 ket ruled quict, but ste export, but the sales were light bart of which were lust ‘evening, and Southern and 150 bbls. superfine rye. Corn 1 was in better demand. We learn of sales of 750 bbls. at $3 30 a $3 45 for Western yellow, and $38 tor Marsh's 2 3 > 3 mrcace® gsgeauce: Parr aasevesssssesussssess IIIB Sse BszE: 8t. Loui St. Louis straight extra. ce double extra How! arom Bers Southern superfine. Beane! Sma Szee PRP PEeEpasEE REESE EE [Sees Rp PS cose 6, sales were about 103, 2 Milwaukee sprin In store and afloat; 175 for’ white Genesee stern. Corn was heav: he sales were about 181,00) bushe afloat; $168 for winter red though fairly sores, by yand rye were Dserice of transactions. ‘ Freicurs.—The inquiry for berth room has been mode- rt for accommodation by sail. Rates were he chartering business was less active; moderate business consumm pool, by steam, 4, rosin on private terms; 1,000 boxes cheese, 32s. rain at Ged. a 6 t. To London, by sai 4. 5 1,000 boxes cheese, . To Bristol, by ste oT \. for corn and 7d. bushels grain at steam, via Southamp- jerces lard, Sc. 8,500 cases petr rivate terms. The charters were :—A bark (rechartered), rs grain to Cork for orders, 6s. 3d. ; bark, 3,000 quarters grain Roads for orderr, 5s. a. ; an Itulian bark, r order, 6x. 3d.; ifdirect, 4 Dutch’ bark, hence to nean or’ Adriatic, grains to Cork foi cluding west coast of Ireland; Gibraltar for orders to the Medit 2,500 bbls refined petroleum, 58. 9d.; an American bark, lump sum; a Duh f cargo, iphia to a Continen bbis. refined’ petroleum, 4%. 3d., 4s. 434d. oF 44. 6d.. to ports or lay days. joLasses.—The market continued dull and more or Jess nominal for all descriptions. We quote — Cuba—Centrifugal and mixe Clayed . Muscovado, Feiining. Muscovado, grocery. 449 tons, to Bristol in it the higher prices asked bi Fincipally in lota, it BL Yge. ; 125 I was a shade stronger, but ers were slow to take hold. The sales, have been :—140 bbls. at 52¢.; 100 bbls. at 52 w York bbls. at Ste. ; closing at S2c. a enerally quiet, excepting tor good démand,'and sales of Strained quoted a 000 bbls. at $3 20 provision bbls. brought $4 3734. Prrkoreum.—The market exhibited considerable firmness, Th reported on 'Change. or early July delivery, ‘at 22%c. a 22%4c remained quiet and steady at 123¢c. lected and nominal at 27¢- nominal at about Ide, At the creek the market showe uiet_and unchanged a $3. on both The Philadelphia was steady, ulthough very quie for spot or balance ‘of month. Later we he gales of 00) bbis., buyers first half of July, at 2244¢., and 3,000 bbls, a 474 bbls ; cht meats, 931 Tar remained for refined, although quict, Quoted for spot, ‘ase oil was neg- no animation, c 6,000 bbIs: for Ji balance of mont! Provisions.—Receipts— packages; lard, 1,34 bbls. and’ tierces. mess pork continued moderate! material change in prices, bbls, cheek Monday f active, but showed no Sales were reported of 30; 1,250 bbis., for Ju bis. for Septembe niet, but steadily held ity quoted at 7gc. i for the range at % steady: about 60 in lote, sold within the range of $8 a $11 for mess, $10 # $12 for extra mess, $15 a $13 for prime meas, tierces, and $18 a $20 for India mess, tierces. Beef hams juotably changed ; quoted within the ‘ut meats—The demand for smoked meats was fair and the market very strong. scriptions met with but little inquiry, were current. We do. shoulders, 64. were dull, but not range of $24 a $28. * ad Ke. ; pickled ham: H for Western was quiet and wbout steady. Sales 250 th; 50) tierces for June 94c., 500 tlerces new to arri erces t arrive in Aw it terces ‘at Pas tlerces tor Ju at 8&c., 200 1 ac and. Sales 40 tierces at 8%c. a Hike. tck,—The market hai tive to-day ; still there been a fair business consumnated at former prices, lina at 8%e. a Hye, 30 bags Rangoon at ; e market for raw continug without noticeable change in prices note sales of 15 hids, Demerara at 10%o.. and 134 boxes of Refined way dull and somew! for A and 12%. a Ic. for hard. report the stock, sales and re- molasses sugar at 8c. woted at Wigs. Messrs, C. Amann & Co. ceipts as follows :— Stock (ascertained by actual count, Ineludinj 1 Receipts, since Total. Sales, since the Ist Stock this day, June 27, 1872.. 97,486 ith stock, June A 13,673 ining, inferior to common, 7c. a + White, Ige, & prime, 9, a Dg; fair to choice grocery, 4c. a 104e. Brazil—Dutch standard, Nos. 8 to 12, 1d Bec. Jone pane standard, Nos. 10 to ‘93¢c. a 9%. Manila—Superior and extra superior, 7%c. a 3. Steduure remained dull and entirely nominal. TaLtow.—Stock light and the market dull. The best bids were not above 9 ‘Waisxey.—Recetp' bbls, Tho market was quict, owing to the firmness of holders, who were unwilling to realize except at the improved price noted yesterday ; eld at $2c., without buyers. DOMESTIO MARKETS. Cotton nominal; good ordin: 17 Oe err site 38 i Die. Net re bales.” Btock, 2,110, iS: coe ns, June 27, 1873. Cotton easier; middlir nee ont ipts, 109 bales: i fc. recel H Gross, 109. Bales, 550, Block, hia” Mosits, June 1 Cotton dull; middlings, 2c. Net receipts, rf Dales, Sales, 100. Stock, 746. Cotton quiet; middlings, 2c. may aeea, aie balce: es i a rece! ports coastwise O11. Sales, 1i5. Stock, 2,061. Cuanteston, June 27, 1872. Cotton dull; middlings, nominally 5c. ' Net rece! W bales Block: 6107. e® Rominally rere Burr: N. Y., June 27, 1872, Lake imports—Flour, 4,700 bola; wheat, a0 bushels; corn, 128,480 do. : oats, ‘91,000 do. Canal ‘shipmente— Wheat, 34,422 bushels; corn, 347,208 do. ; onts, 49,819 lo. ; Rall shipments trom’ clevators—Wheat 4000 bushel corn, 91,167 do. ; onts, 36,656 do. Canal freights lowe Wheat, corn, | 16%c. -j outs, 70. Flour quie Western f, $7 25 9 $7 75; Dakera, $8 50.0 887 white, $9 mber, $8 75 4 $925. Wheat weake; sales 8,000 ‘Milwaukee No. 2 at $1 ted M hel waukee spring No. 2, $142.0 $143; Chicago » ring No. 1 al a $142; white Canada, si 78 & $1 85; winter, $1 708, 182, Corn ‘dull, with little demand; sales 20,000'bushels lo. 2 at S13¢c. ; 8,000 bushels do. at S2c., quoted blige. a Bio. Oats active; sales 20,000 bush at S8e., quoter C. $8c, Barley malt in good geynands ‘quoied, ‘Uanada, a a $130; Western, $1 Oswxao, June 27, 1872, Flour dull and unchanged. Sales 00 bbls. at $8 for No. Lapring, $9 25 for amber winter, $9 75 for white winter, $10 tor double extra, Wheat dull, Sales 1,290 bushels No. Milwaukee club, in car lots, at $1 55, Corn quiet at 59, a 6c, Corn meal—$l 1 for bolted, $1 49 tor unbol'ed per ewt, Millfeed steady; shorts, $16; shipstuffs, $18; mid- diings, per ton. Highwines Sic, a 9c, Canal freizhts— Wheat, 734¢.; corn and rye, 6igc. to New York; lumber, $350 to ‘the Hudson, $4'50 to New York. = ‘Railroad freights—Flour to Boston @0c., to New York 59c.,to Al- bany 2c. Receipts by lake—47,000 feet lumber, Shipments by canal—16,000 bustiels corn, 634,000 feet lumber i] Curcaao, Juno 27, 1872. Flour guiet and unchanged. Wheat fess active and lower) No. 2 spring $1 26 cash, $1 21% August, Corn rm: No. 2 mixed 42\4c. a 42%0,, August, Oats firin; No. asic, cash, 2040. 8 30e. July, 28 age. AUMUSt. jet and 'w ea 2 at 57 wmeb ang ‘dd. ong quiet. Pork, $12 its cash; Ju firmer and higher at $12'80. Lard ste: ss 85 '$8 00 al a Hams in pickle firmer at 9c. a 120. tk meats firmer; shoviders, 4340. a 48c. ; short rib ‘middles, 6c. a 63%c. Whiskey steady at 860. a 85390 Live hogs active at $5°75 8. $4. Freights steady and unchanged. Heccipis- 4,00 flour, 29,000 bushels wheat, 221,00 do. corn, 43,00 do, 2,000 do, rye, 19,00) hogs. ‘Shipments—2,.W0 bbls. flour, 68,000 bushels wheat, 272,000 do. corn, 169,000 do. onts,'3,000 do. rye, 7,000 hogs. EUROPEAN MARKETS, Lowpon Money Manger. . nm solsand American securities unchanged. Consols opened at 9246 for money and 9244 a 92% for the account. States five-twenty bonds, 1862, 91; 1865, old, 92; 1367, 9154; ten-forties, 89%. Frankrorr Bounse.—Franxronr, June 27—P. M.—United States flve-twenty bonds closed at 9644 for the issue of 1862, sgh Ais Bounse.—Pauis, June 27—P. M.—Rentes closed at it. 70 Liyenroon Corton MarKer.—Laverroot, June 27—5 P. M.—The market closed firm. Middling uplands, 1 11344. ; middling Orleans, 113;d. ‘The sales o1 the day have been 15,00 bales, including’ 4,000 for speculation and ex- port. Livenroon Breapsturrs Marger.—Lrverroon, June 27— 5 P. M.—The market 1s quiet. i Livenroon Provisions Marxer.—Liverroot, June 27—5 P. M.—Cumberland cut bacon, 27s. 6d. per ewt,, and 328. per ewt. for short rib middles, Loxvon Propuck Manker.—Loxpox, June 27—5 P. M.— Sugar, 80s, Od a S7s, per ew! tor No, 13 Dutch standard on the sot and Ss. 6d. for do. afloat Spirits turpentine 45s, per cw! FINANCIAL, A INGS BANK, 185 Chatham square and 62 New Bowery. New Youk, Jung 22, 1872, The twenty-Afth semt-annual payment of interest will be made on and after Monday, July 15,0n all suns of from $1 to $5,000 entitled thereto under the bylaws at the Tate of s1X per cent per annum. Interest not withdrawn will be added to the principal and draw interest accordingly. INTEREST ON DEPOSITS "MADE NOW WILL DATE FROM JULY 1. Bank open daily from 10 A. M. to3P. M.. and on Mon- day and Wednesday evenings from 5 to 7 o'clock. HARRISON HALL, President, Josxrn P. Coorxr, Secretary, C.D. Batter, Treasurer. A GMQNEY, 10,LOAN ON BOND AND MORTGAGE « in New York, Brooklyn and New Jersey. Principals only apply to SAMUEL 8. WOOD, Jr., 155 Broadway, room 10. NASHVILLE AND CHATTANOOGA RAILROAD Company.—Interest coupons maturing July 1, 1872, ‘Will be paid on presentation on and after July 1, 1872, by V. K. STEVENSON & BON, II Pine street, New York, NONTINENTAL NATIONAL BANK. New Youre, June 26, 1872. ‘A dividend of three and one-half per cent (3% per ci has this day been declared (free of tax), payable Ju The transier books Will be closed. from the 29h iast. to July C.F, TIMP hier. LEVENTH WARD BANK. Kk, June 26, 1572, New Yor Dividend.—The Board of Directors have declared a semi-annual Dividend of three and one-half per cent, free of tax, payable on and after July 10. CHAR’ E. BROWN, Cashler, IFTY-FIFTH DIVIDEND.—BULL'S HEAD BA New York, June 26, 1872.—A quarterly dividen four (@) per cent, free of all taxes, was thisday declared out of the het earnings of the last three months, payable on and after the Ist day of duly next. G, W. WILLETT, Cashier. isc COOKE, M'CULLOCH, & ©0., No. 41 Lombard street, London. Foreign Exchange, Commercial Credits, Cable Transfer Circular Letters for Travellers, available in all parts of the worl JAY COOKE No. 20 Wal NEY TO LOAN—ON BOND AND MORTGAGE, IN sums to suit, New York, Brooklyn and Westchester county ; Second and Leasehold Mortgages cashed. HINMAN & SON, 23 Pine street. OTICE.—NEW YORK, JUNE 2%, | 1872.—COUPONS maturing July 1.1872; on, the Bohds of the Norfolk nd Petersburg and the South Side Railroad, payable in New York, will be paid at the banking house of Mesars, Duncan, Sherman & Co,, less the tax of the State of Vir- imtia, umposed on the market value of the I Ist May, 1872. JAMES E, OUTHB: co. Ab ds, as of the , Treasure: FFICE OF THE WEST WISCONSIN RAILWAY Company, 74 Broadway, New York, June 25, 1872.— The coupons of the First Mortgage Land Grant Bonds of the West Wisconsin Railway Company, duc Will be pald in gold, tree of government ta that date at this office. F. E VBRI 5.000: WANTED—FIRST MORTGAGE ON IM. ee roved property, well rented, near the city, 8. C. SMITH, owner, Frankfort House, 202 William st WANTED—ON FIRST MORTGAGE ON improved city property, worth over double anted, Address M., box 146 Herald Uptown 1,265 Broad wa: agents. TO LOAN (WITHOUT BONUS) ON IM” $10.000 roved property near City Hall, Brook- yn; $400 and $800 for this city. GEORGE B. WALTON, July next, on and alter 12 000 WANTED ON BOND AND MORTGAGE A on first class New York city property. dress A. D, Herald offic 7 AND $10,000.-SECOND MORTGAGE $15.000 4 sale, on first class city property; bondsman Al. No brokers. J. 0, HOYT & SON, 171 Broadway. 250. 00 TO LOAN ON BOND AND MORT- JU, gage on real estate In this city, without bonus. Liberal loans on first ciety propers a JOHN F. CONREY, 162 Broadwa: A WOMAN’S ENCOUNTER WITH A RUFFIAN, She Finds Him in Her Bedroom and Pulls His Coat Tail Off as He Jumps from Her Window. John McCarthy, a native of Canada, twenty-eight years of age, employed in the packing box factory No, 74 Wooster street, was arraigned before Justice Fowler, at the Jefferson Market Police Court yester- day morning, by Officer Loughlan, of the Eighth precinct, on acharge of burglary. Eliza Frey, @ good-looking German girl, residing with her parents at No. 69 Greene street, appeared as complainant. She states that about half-past four o’clock yester- day morning she was awakened by feeling a hand tightly clasped around her throat, and heard a voice exclaim, “If you make any noise I'll choke you to death!” The unwelcome visitor then com- menced to take improper liberties with her, at which she shouted, and endeavored to free herself from his grasp. The villain, finaing he could not accomplish his purpose, and fearing the woman’s shout for help would lead to his capture, let go his hold and made for the window, which wae open, in the rear of the first floor. As he placed his foot on the window sill Miss Frey Jumped out of bed and succeeded in getting a firm hold of one side of his coat tail just as he leaped from the window, and, planting her feet firmly against the wali, held her assailant suspended in mid-air until a sudden ripping of cloth let him down on the pavement in the yard in no gentle manner. AS his coat tail parted Miss Frey fell half- Way across the room on ber back, still firmly grasp- ing in her hands the tail ot the rufMian’s coat. She soon gathered herself up, and, looking out of the window, «discovered McCarthy lmp- ing through the alleyway leading into Greene street. Her cries for assistance had alarmed the other inmates of the house, who raised an alarm, Officer Lougtlan, of the Fighth precinct, hearing the cries of “stop thief! and seeing McCarthy emerge from the alleyway In his stocking feet and minus his coat tail, took him in custody. He was marched to the station house corner of Prince and Wooster streets, and provided with ac- commodations until the opening of the court. The shop in which the prisoner is employed is situated directly in the rear of Mr. Frey's residence, there being only about four feet space between the two buildings, He gainea admission to the shop, and, placing a plank from the shop window to the bed- room window of Miss Frey, pulled off his shoes and made his she into her room before he was dis- cov ye ae a the charge, but was fully com- mitt JAMES WHENRY. The Expedition After. a Golden Fleece Which Landed from the Russia. The Erie Railway Direction, the Mantle that Has Clothed Wolves’ Shoulders, To Be Won by the English Capitalists, JASON IS INTERVIEWED. How the Honor of America Hangs Upon the Success of His Scheme. ey ee GENERAL M’CLELLAN AGAIN TO THE FRONT The Erie Railway To Be Rescued from the Spoilers. THE DREAM OF HONESTY. On Tuesday there arrived in this city, by the steamship Russia, a party of English and Ameri- can capitalists who are known as being very largely interested in the ratiroad affairs of this country, Theircoming, after the recent eruptions of the great Erie volcano, and the peaceful but precarious quiet which has ensued, was sufficient to awaken suspicion that something new was afloat that must be of great importance to the public, Wall street felt the presence of these unobtrusive gentlemen in the land as soon as they set foot on our rotten wharves, and while they were refreshing them- selves in their several retreata after the long voy- age the men of gold and greenbacks and railroad bonds were vaguely conscious of some presenti- ment that great events were impending over the devoted money interests of the country. THE NEW ARRIVALS, The principal of the gentlemen, both of whom are well known in the Stock Exchanges of London and New York, were Messrs. James McHenry and T. W. Kennard. The former is one of the largest owners of the Lie Railway, and was one of the men under whose direction the construction of the Atlantic and Great Western Railway was begun in 1862, He is said to be @ Pennsylvanian by birth, of Scotch descent, and, having resided a great deal in Eng- land during the past few years, has been looked upon as an exponent ot the interests and actions of the English stockholders of the Erie corporation. Tn this light his mission to America tius last time assumes an aspect of some moment. He was an ally of the leaders 'in the grand covp in the Grand Opera House oitices which so changed the career of the most fraudulently conducted of modern monopolies- THE SOMETHING A BREWING. Mr. McHenry and Mr. Kennard stopped at the residence of Mr. Samuel L. M. Barlow, the counsel for the Erie Company, and have been in close con- sultation with him since their arrival, Mr. Kennard was yesterday at Mr. Barlow's country place, on the Glen Cove road. Mr. McHenry was at the law office in William street, where he recelved de- spatches during the day by the cable from London, He is a large and well-built man, of a lymphatic temperament, apparently about threescore years of age. His gray hairs impress one as prema- ture, and as if caused by the excessive care and thought of his position. He received the HERALD representative with the greatest cordiality and empressement, his face lighting with smiles. The conversation was opened by some casual re- marks, after which the following question was asked :— MISSION OF THE ARGONAUT EXPEDITION. “What is your mission, Mr. McHenry, in coming to the United States at this time ? Has it any con- nection with elther the Erle or Atlantic and Great Western Railway ?” “There is no cause to conceal what my real object is. Itisto protect and advance, directly, by my presence and energies, the interests of the Atlantic and Great Western Railway.” Mr. McHenry here paused to consider how much more he should say upon the subject, RerorTeR—What, sir, has given birth to this new action of yours, and what are the plans by which you propose to attain your ends? THE GOLDEN FLEECE. Mr. McHgNRyY—You are aware that I have the main control of the Atlantic and Great Western Railway. I own a large amount of stock in the Erle, What I intend to do is to conduct the for- mation of a new board of direction for the govern- ment of the latter corporation, and, if possible, to place it fully under the control of the Atlantic and Great Western, ReEPoRTER—You have had a long connection with both companies financially, and should be fully master of the necessary tactics, “THE BETTER END OF THE STICK.” Mr. McHENRY—Yes sir; the construction of the Great Western road was begun by me ten years ago, under agreements made with me py the Erie Company, all of which have since been broken and repudiated by its successive managers. It was long since high time for the play to change, even long before the recent turning of the tables on the infamous Erie Ring. Now, sir, we have hold of the better end of the stick, and not only intend to keep our hold, but to use it well and vigorously for the advantage of owners of the propery upon which so many peculators have fat- tened. KEPORTER—How do you propose to zet the Erie road under the control of the Atlantic and Great Western? PROBABLE BALLOON ASCENSION. Mr. McHENnry—It Is not altogether certain that such will be the case. If the connection now es- tablished is dissolved, the Erie will find itself “in the air’—‘up in @ balloon’—in relation to the Western traffic, while the Atlantic and Great West- ern will be protected elsewhere. RerorTeR—It is said by the old directors of the Erie Railway that the Atlantic and Great Western is deeply immersed in debt, and that tt is for this reason, if for no other, that the fusion should not be made, so as to saddle the stockholders of one enterprise with the liabilities of the other, Is this true? THE TWO MOGULS ARE ALLIES, Mr. McHenay—NO, sir; but never mind; I will come to that by and Pt, What I was going to say is that Mr. Homan, of Western Canada, has been in New York for some weeks on business speciaily connected with the Erie affairs, over which he also has a large control. His interest, mine, represents more than ‘one-half the whole stock of Erie; and, notwithstanding rumors to the contrary Which have been published, we shall both work harmoniously and cordially together in the coming election for directors and officers. Here Mr. McHenry drew forth from a pocket a brief telegram, which was signed by Mr. Homan, and which he received yesterday. During the time that had elapsed since the beginning of the inter- view Mr. McHenry betrayed some nervousness in his manner, but spoke with perfect calmness of tone and his habitual deliberation. Later his voice Was slightly husky with excitemeat, and impressed the listener with the idea that in what he was gay- ing much “more was meant than met the ear,” Assiduously writing down his words, however, and asking only occasional questions as he proceeded, r was one to the reporter that the main fea- ures 0! THE COMING GAMB were by no means intended to be kept secret. The chief actor was only troubled as to how much he could divulge without tmperilling the whole project BL had brought him back across the broad At- THE UBRO OF ANTIETAM, At this pause the door of the outer office in which the two were seated was suddenly opened and Gen- eral McClellan entered upon the scene, He was in @ great bustie and hurry, and short of breath with climbing up the long stairs. He looked as if a little reduced in corporeal exuberance by the saltry sun of wanton June, and seemed also somewhat ex- cited. His ‘cheeks, which have been bleached bi the comparative ease of private life since the rebel- lon, were a little pale, and showed signs of billous- ness, which must also be laid at the door of the anne In wren oa it ne expected was le inquired eagerly it some 1 % eas or had ornived yet. Mr. McHenry and Mr. jarlow, who had entered, both answered “No. “It_18 very doubtful whetner he will be here at all Ido not expect him. Do you want to see me ie! act ; nO, o 1 will wait till you get through , iA TRRALD Rgronren I will wait until the General |, Mr. McHenry. bx Fan Gentes! bowed profoundly and drew Mr. Mc- Henry into a corner, where Keo talked eagerly and earnestly for about ten minute: A good many papers were fumbled and looked over between them. General McClellan then made his retreat and did it with as much hurry as he had made his entrance, Then quiet once more sat Loe gary pro- the gray hairs of the venerabie jaw clerk, who been greatly disturbed by these unusual ceedings. HISTORY OF THE GREAT WESTERN RAILWAY. When the conversation was resumed Mr. Mi earnestly referred to the great resources of the Atlantic and Great Western Ratiroad. The terrt- tory which it traversed was so full of mineral and agricaisural Produce, having almost the mono] of the petroleum regions, that the possession of must be of incalculable value to any honestly dis- on railway company undertaking its administra- THE DREAM OF HONESTY, Its owners are determined that hereafter these great interests shall be developed for their advan- tage. Its securities to-day were sone into the poke of Ce? mew — be ie of Ex- change, isin of that singular hostile and opposition which appears to have followed the affairs of the road in this city since its opening. If you made brief reference to its history you would find that at this moment it Pome unusual interest. The discredit to which it has been reduced for several years it has reacted in Europe against all American ‘oad en- terprises, THE HONOR OF AMERICA IN THE BALANCE. The securities of the Atlantic and Great Western were introduced into Europe under the patronage of the most powerful names in the United States. Those who first had charge of its interests ap- peared in Europe and obtained the confidence of the capitalists who, up to this time, by means of the active personal introduction of the then American Ministers in London and Paris, have held possession of its property without maki returns, The original letters of the Presl- dont of the United States, of Governor Chase, of Ohio; the Governors of Pennsylvania and New York, and every member of the Cabinets of the several States and of the national rovernment are held by the leading banking houses in Londun as vouchers for the good faith of the originators and conductors of the enterprise as first repre- sented to them, Until these are redeemed and Justifled by the results of the enterpriss as is ther promised every American railway project ig tore or less discredited. For it is said in Europe, “If the emphatic testimony to the value of these investments borne by tie letters has proven false, on Whom, then, can we rely for evidence of the safety of any other enterprise seeking capital here ” RESTORATION OF OUR CREDIT ABROAD, The importance, therefore, of the present move- ment in Erle to the whole transportation system of America, which is likely to end in the restora- tion to credit of these two great railway corpora- tions, so long under clouds, cannot be overvalued, European capitalists will be found eager to invest in your railway securities, paying seven per cent, when it has become established that both by law and pubite opinion they will be protected. Reroxrer—How will you proceed to effect your proposed movement, Mr. Melienry? Mr, McHenry—It is utterly iinpossible to tell just now, we have been so short a tune here. You Inust now excuse me, as | must go, The reporter bowed aud wishing Mr. McHenry “good day” withdrew, together with | THE ORESSKILL (N. J.) MURDER. John D. Avery + Be Hanged at Hacke ensack To-De y—Confession of the Pris= oner—How He Regards His Approach= ing Doom. At eight o’clock on the morning of the 7th of February last a young man named John D, Avery was arrested at his home, No. 143 Thompson street, | in this city, by Marshal Hill, of the Englewood (N. J.) Protection Society, for the murder of Jacob Erb, @ coachman in the employ of Mr, Elijah F, Clark, of 330 Broadway. Avery was taken to Police Headquarters and was transferred thence to Hack- ensack Jail. He was placed on trial before Judge Bedle, was found guiity, and on Saturday, the 13th of April, was sentenced to be hanged on Friday, the 28th of June. An effort was made to procure a commuta- tion of his sentence, but the Court of Par- dons, at their session last Monday night, declined to interfere. Avery seems to regard his approaching doom very coolly, and Sheriff Pell, who now holds in his hands the death warrant, is of opinion that the unfortunate man does not realize the awful situation in which he is placed. Avery is twenty-two years of age, and left home when eleven years of age and went West, where he worked for three years as a chore boy and farm laborer. After this he led a sort of roving life, subsequently re- turning to New York. On the 22d of June, 1871, he went to work for Mr. Clark, of Cresskill. Here he became acquainted with Mr. Erb, who was employed as a coachman by Mr. Clark. Twenty years have elapsed since an execution took place at Hackensack, The last culprit who suf fered the death penalty was William Keating, @ colored man, who killed two childre: in which he A few days ago he made a contessio! details the terrible trageuy as follows :— I rather took a liking to Erb than otherwise, and invited him to come into my little room and smoke his pipe instead of sitting alone. He did so and re in love with my little room for its cleanliness an¢ neatness. I always keep my places in good order. ‘There were many little circumstances frequently occurring which convinced me that he was envious of my muster’s ee reference for me, and was trying to supplant mein favor. It was a part of my duty to look after the hennery. I had done this to Mr. Clark's satisiaction, but now there were fre- quant complaints about the eggs being more scarce. collected and gave up all I ever found. I have seen, and others also, Erb go into the hennery. He had no business there. Still 1] could not prove that he took the eggs. I se of others the best plan to er them lay better. Gave them, under ad- vice, pran and pepper. There were more eggs after this 4 a short time, but the confidence in me seemed to be destroyed. One day Mrs. Clark in- quired after two eggs which sie said were in the nest only a short time previously. [replied that 1 had not seen them. She seemed dissatistied, and I became convinced that I should have to leave, for it hurt my feelings to be thus suspected when I knew I was innocent and was doing my best to please her. I spoke to Erb about it. He made no reply, except a sneering one. Sam Bilding can testily that he saw him go into the hennery. On Thankgiving Day Mr. Clark told me | should have to leave. I wept, for I thought it very hard. I was preparing to leave, when Mr. Clark came to me and informed me that he would try me another month if I would try and do better. Treplied that he had bat to state what he wanted and I would endeavor to do my best. I liked Clark, he was so good, and I stayed. One day after this, in an outlandish place, six eggs were found, which I knew had never been placed there by the hen. Then others were found, he, Erb, all the time going into my hennery. This created suspicion. Then he was always boasting of the large amount of work he had performed in comparison to that which Thad done, intimating that I was neglecting duty, and that he was obliged to assist in its formance. [had made up my mind tv leave Mr. Gaepennt but he requested me to stay another month. Icomplied. During all this time I had no words with Erb, At the end of the month Left, but before oing I shook hands with Erb; [ had no malicious feclings against him when I shook hands with him, though I knew he had injured me, He said lie was sorry, but I doubted his sincerity. I went to New York, and! had money for my resent necessitics. One day I was going down assau street and was looking at a book stall, as I am very fond of books; while I was standing there @ man accosted me and said if I wanted books he would take me around the corner, where I could. have my choice of a bankrupt stock—some were worth $1 only, and others were worth $10. I followed him, or rather them, for there were two ot them. bia took me into a sort of gambling hell, and one of the two commenced to play. I had never seen the gaine before—saw them throw dice, and there were corresponding numbers on the board. I re- fused play at first, but when I saw oné of them win I thought I would have a throw; I did so, and won $5. They asked me totry my luck again—{ won again—and so on until Lhad won $500. Then the luck began to change, and I lost all 1 had in the world except twenty-live cents, I begged hard to try my luck with this, but they would not play for less thas, $1,80 Tleft I pawned my coat, and, be- ing ashamed to show myself at home, made up my mind go to Creskill to try and porrow a little money of Mr. Moore to give me a start and redeem Iny coat. I started, and got out at Tenafy, and walked the other part of the distance. I thought perbaps that Mr. Moore would recommend me to another situation, When I arrived! was too shy to Speak to Mr. Moore, and, undetermined how to act I stood up against a tree I suppose for nearly an hour. While standing here a man passed me and spoke to me—he did not know me, nor! him. I Went into the woods, and as one of my boots pained me I picked up a stick to walk with. Then It was that | first thought of robbing Erb of his watch, b| intention was tomake my way to the barn and Ww: for him until he came and to strike him, but not to do hum any serious harw. I went and _ — niece of an old lightning rod with wiuch to strike im. Idid not gather the stick for that pu , for at that time it had not entered my head to do such a deed. The rod was bent and very thin. I could not sleep much, I patted the horses and wished a thousand times that 1 had never come in. Early in the morning I found another piece of iron, which I thought wos better anited to the purpose. 1 found his old coat and put it on to disguise myself, 1 bat toned it up close to the chin. I waited for him, trembling all over. Toward six o’clock he came and sat down. He did not see me, and | struck, aiming at his forehead. He staggered—so did I— but he did not groan, I put out the light, and as I was commencing to take the watch he commenced recover. I did not strike him again, for, as God my judge, 1 did not wish to kill the man. I snatched at the watch and ran, for 1 knew that if he attacked me I should have the worst of it, for he was 4 stronger man than myself. 1 pulled off the old coat and threw it down. 1 walked on to Crese- kill station. The train was not due, so I went to Tenafly, took the train there and came on to New York. Thad not the least idea that the man would die. L certify that this is @ correct statement. JUNE 18, 1872, : JOHN AVERY.