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

FINANCIAL AND COMMERCIAL, A Rather Easier Feeling in the Money Market, LOANS ON CALL 4 A 5 PER CENT. A.Decline and a Rally in For- eign Exchange. 4p Advanee in the Bank of England Discount | eights, 1975, 70 » 80; Alabama Rate Looked For, GOLD FIRMER IN CONSEQUENCE. The Stock Market Depressed and Prices Down. Vindication of the Herald Report of the Loss of the America. Another Decrease in Erie Earnings. WALL STREET, WEDNESDAY, Sept, 11—6 P, On Ohange to-day wheat was heavy and irregu- Flour was strong and the market fairly Cotton was weak and underwent a fur- ther decline, MONEY 3 A 6 PER CENT. ‘The money market was easicr and the rate on all was barely 5 per cent, taking the average of At first the quotation was 5 a © per cent—a good many loans being renewed at 6 Percent, But after two o'clock there was a sud- den pressure to lend balaiices aud the rate fell to @asper cent, money being the day’s business. eroent before the nou¥ of closing the banks, ime paper is quoted 8 to 10 per cent discount. Foreign exchange was lower carly in the day and prime sixty-day sterling sold at 1077%, but advices from London represented that THE BANK OF ENGLAND ‘would very probably advance the discount rate to- morrow morning, and the market closed with a re- action anda firmer tone, prime sixty-day sterling being accessible at not less than 108, and as much as 100 being demanded for sight bills. The prophecy ofan advance in the Bank of England rate is based upon conjectured early withdrawals from London of money due to Germany on French indemnity ac- THE GOVERNMENT PURCHASE OF BONDS. The Sub-Treasury received offers of $4,494,600 five- twenties at prices ranging from 111.08 up to 112.37. As gold at the same time was 112% a 113, the pur- chase of the million advertised for was in no way interfered with, and that amount was accepted, the Prices paid ranging from:111.08 to 111,44. ‘The Sub-Treasury paid out $66,000 on account of Interest and $8,000 on account of redeemed five- twenties of 1862, GOLD FIRM—112% A 11334. The gold market openca heavy, as a consequence of free sales, which were tempted by the relaxation im the rates for loans of cash gold; but became steady and eventually firm, in sympathy with the temper of the foreign exchanges, the apprehension ofa raising of the Bank of England discount rate in the morning being quite general. The course of the market is shown in the table:— GOLD FLUCTUATIONS. SSP. In the gold loan market the rates ranged from 6 per cent for carrying to 1-32 for borrowing. The operations of the Gold Exchange Bank were as Gold cleared. Gold balances. Currency balances. The European steamer took out $54,800 in silver, COMPARISON OF THE EXPORTS, ‘The following shows the exports, exclusive of | specie, from New York to foreign ports for the eek ending September 10 and since the beginning | of the year:— For the week. 4,430, | Prev. reported 122,793,470 158,824,806 151,593,555 Bince Jan. 1... $127,224,438 $163,228,613 $156,503,554 GOVERNMENTS STEADY. The government list was heavy and a shade fower at the early boards, but rallied with the Srmer tone of the gold market, Bteady at the following quotation: States currency sixes, 112 a 112%; 1881, registered, 113 113}g; do. do., coupon, 115 @ 115%; do., five-twenties, registered, May and November, 1135 @ 113%; do. do., 1862, coupon, o., 113% 4 118%; do. do., 113%; do. do., 1865, do. do., do., 1867, registered, January and July, 112% a 112%; do. do., 1865, coupon, do., 1125; a 112%; do. G0., 1867, do. do., 112% 2113; do. do., 1868, do. do., 113 a 11314; do. ten-forties, registered, 107% a 108; do. do., coupon, 107% a 103; Togistered, 1114 9 111%; do, do. do. coupen, 111% | 1864, do» do., 113% a 113% @ 114; do. do. fives of 1881, | 20 TE CITY BANK STOCKS. ‘The following were the bids for the city bank ®hares:—Manhattan, 149; Merchants’, 116; City, | : 255; Phenix, 101; Fulton, 156; Gallatin National, 118; Seventh Ward, 100; State of New York, 110; } Commerce, 1184; American Exchange, 115; Chat- | ham, 150; Bank of the Republic, 113; Irving, 127; Metropolitan, 134; Nassau, 108; Corn Exchange, 127; St. Nicholas, 110; Marine, 165; Commonwealth, | ». 83; Importers and Traders’, 172; Park, 152; Manu- facturers and Merchants’, 100; New York National | do, Exchange, 97; Central National, 100; Fourth Ni tional, 111; Ninth National, 110; Tenth National, 60; Oriental, 170; German American, 103, THE RAILROAD BONDS. The following were the bids for the railroad a 224327, = 5: i SS ees tere! 2228 SOUTHERN SECURITIES DULL. * The Southern State bonds we: The only dealings the new South Carolinas, the October issues con- Unuing to maintain their advance upon the July | issues and selling at as high 4s 28. It is now stated that the sudden improvement in these bonds was ccasioned by forced purchases to replace what are Known as laud commission bonds, which, bearing April and October coupons, had been offered for the issues of those months familiarly known to the Board. The rise in price drew attention to an oid Jaw of the State, and hence the explanation which fuller, if possible, moment were in NEW YORK HERALD, THURSDAY, SEPTEMBER 12, 1872—TRIPLE SHKET, ‘was current yesterday for the higher quotations. The law referred to has been virtually annulled by the Validating act of last Winter, making all the bonds and obligations of the State EQUALLY BINDING and repealing all discrimination as to in- terest payments. The following were the clos- ing quotations for the Southern list:—Ten- Negsee, ex coupon, 72a 7234; do., new, 71% & 7234; Virginia, ex coupon, 45 a 47; do., registered stock, old, 38 a 42; do. sixes, consolidated bonds, 51 @ 51%; do. do., deferred scrip, 15% a 16; Georgia sixes, 70078; do. sevens, 85 a 88; North Carolina, ex coupon, 8334 @ 35; do., to North Carolina Railroad, 469 47; do., funding, 1866, 25 a 27; do. do., 1868, 21 a 25; do., new, 2034 a 22; do., special tax, 12814; Missouri sixes, 9294 a 93; do., Hannibal and St. Joseph Railroad, 91a 01; Louisi- ana sixes, 560 a 64; do., new, 48a 52; do., leveo sixes, 565 @ 60; do. do., éights, 70 a 75; do. do. 8, 55 a 60; do, eights, 83a 85; South Carolina sixes, 52a 56; do., new, January and July, 26 a 27; do. do,, April and October, 27 a 28; Arkansas sixes, funded, 48 a 53, RAILWAY EARNINGS, The following is the oMicia) report of the earnings of the Erie Railway for the frst week m Septem- ber and since April 1, a8 compared with last year:— For week ending Sept. 7. Previously reported. Total earnings since April 1..$8,107,542 $8,244,909 Decrease for Week......+.++ + $24,216 Increase for 21 weeks to date. The gross earnings of some of the leading rail- CLIQUE BUSY AGAIN, | roads ior the expired eight months of 1872 com- Pare as follows with 1871:— Ch 0 and 3,357,469 leve., O. O, 2,860, 21¢ Illinois Cent, 4,977,416 ke Shore 1,086, Milwaukee 8,978,209 Wabash. 3,801,987 STOCKS WEAK AND LOWER, The stock market opened steady despite the dis- appointment at the nature of the dividend on New York Central, and for an hour or so there was an appearance of strength, with a slight advance upon the closing quotations of the previous day. The news got abroad, however, that the Bank of England would likely raise the discount rate in the morning, and the check thus given the speculative mood was taken advantage ot by one of the cliques to make a dash upon the market late in the after- noon and offer a great deal of stock. The effect was @ pretty smart decline, some of tne leading features, such as C. 0. and I. C. and Pacific Mail, going off about one per cent, the yielding of-the latter being helped by a despatch to the Lloyd's that ‘THE STEAMSHIP AMERICA had been burned at Nagasaki, as reported, al- though thé argo would not prove a total loss, he ‘pulls’ were either B228"" (OM 12S street or tod indifferent to notice the attack. At least they of- fered no resistance, and prices at the close were the lowest of the day. Erie was depressed by the continued falling of in the earnings—a fact which fully outweighed the new-fangled plan for bringing the terminus of the road into New York city. Har- lem declined to113, New Jersey Central advanced to 105 and Lackawanna to 100%. The annual elec- tion of the Ohio and Mississippi Railroad Company will be held at Cincinnati October 10, the transfer books closing September 14. The annual election of the Western Union Telegraph Company will be held October 9, the transfers closing September 19. HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest prices of the principal stocks during the day:— New York Central Cores Lake Shore.. Wabash... 7 Northwestern .... 743 133% Northwestern preierred,. + 90% 20 Rock Island. 110% 110% St. Paul..... . 5536 St. Paul pr » TOM 165 Onto and + 4% 4356 Union Pacific = 86% 36% C, O, and I. 0... os Western Union Telegraph Pacific Mail......... SALES AT THE NEW YORK STOCK EXCHANGE, Wednesday, Sept. 1110315 A. M. $1000 US 5-20, c, "65,0. he $100000 US 5-20, c, '67/.. 112% $1000 US 5-20, ©, ‘67. .83 “ 10 A, M.=—Before Call. 200 shs West UnTel..s3 71 00 do. i 500 do. 400 709 Pac M I do. ick M Co... YC&HRRR do. do. a 00 $00 Quick” 200 Quic! into 8 10) £00 a | Jou 00 200 WwW oi First Board—10:30 A, M. $2000: 40shgNYO&H RRR 694 C000 N u loan, to do. 83 300) Cen Pac goid b. 1000 Un Pac Ist 18000 Un Pac 10's, inc., 79 9000 U Pac 7's1 4 b.sd 79% 1000 NJ Cen Ist m,new 105}4 80 600 Tol & Wab 2d m., 94 Tol 2009 do, Joo Mil & St Paui dd; 3 5000 Col, & IC Ist m: 92°" 600 17000 do... 1 1% 2000 G, © & ‘ 13000 Mé& St P, fod! 1000 Tol & "4 25 shs B’k of Coth’ce.. 118% $0 Fourth Nat Bank.. lil 10 Ger Amer Bank.... 108 100 Canton Lo. 20) Quitk M Co. io '% RR be b3 100 At ev & Pitts, gtd. WO 100 7g Cen RR.....be 10.4% 100 ils do. 1 Ww 7 8g do. wo i 900 ft a Ty | 200 7h 0d 4 West Ty 209 5 Tit 84 | 400 do. 71% 10. do. Mis | 200 71 WOM &8t PRR DCU 8535 | 7% 30 do. see O55 | iii, 500 | ms 2 8 SASS SSS SSS ne Rate a8 14:15 and 4:15 P. M. . Hd £000 US 5.20, o, "07. 500 US 54 U3 10 do. 112! 10000 US 6-20, ¢,°65...08 114” 800 do. ssanail 112) 89000 US §-20,r, 05, n... Me ns 19000 0. da 40 U8 5-2) wo do. Siem US 8. 00 Mit a BER RHR Ls. | 1800 | 00 @o. 1 |i do 1 500 de i |i 4 i) lw ad | 00 do. ' me eky Att m0 NY Ge Od ion Brie a 10. fo G: H toa F my i a Ese ni ¢§ s e ind somewhat slack. . $0... 500 9 homme essed hogs were in SSESSeee: January, at 8c. mess, for prime mess tierces, ‘al mi ulet, $32, Cut meats—Th 1 ert tony” «rs Was only & SEEEEEEE to rr The market for Western 3-lde; sales 250 therces, for Septem- tlerees of extra steam at 9c, e & 2 we SE Sea aseless sone SEERSURESEEZLELEESEEEEZE 2: = SESSeSese: st Hy 6,000 nds. and’ 7 a0 Es S935 SEe3! eee Se: jolasses, hhds, and ia 10. se. 8 1130. 5 do., 19 to ic. Porto fining, et Rrocery, fair to choice, geeeeey lanila—Superior THe. a Bsc, ‘ it ae generally quiet, but pi ‘olin - & Y} atna at 7%c. @ 8c., and 250 bags Rangoon at TEARINE Was |i i dat ue, ~~ in beter demand and firm; and 100 tierces, to arrive, at 10! TaLLow remained quitt at Ye. a Je nly small sales, SSSSSESEEES & & ge. for common to niskey.—Keceipts, 90 bbls. The market continucd pybut was again casier, The sales foot up 400 bbls. ze. & Sai Ess eR SS SEReSE SSESSEEE2ESE2E Ss! ” a iy DOMESTIO MARKETS, &: 8 oe Cotton easy; ordin es = i ZR SSeEsees Perret Eg F: RRS 872, Cotton dull and tending down; low middhii y 20540. ; middlings, SOc a ate Net Feceipin 2 oval . Bross, les, 800. Stock, 13,693, i aogete M ; Cotton nominal: mladiings nominal Net recep Exports coastwise, ae geee a 872. Migs ee’ Net veces 1,663 bales. se : CuaRieston, Sevt. ordinary, 17%{¢. a’ Te. ; Iie” Net recolpt =) anatton caster: good ‘ngs, 185¢c.; mi La Waporis cousiwlse, WJ." Balen, 50 a & es rits turpentine tor stral lag? et , rude turpentine firm 4 60 for }ellow dip, $4 60 for virgin. Lovravsuix, Ky., Sept. 11, 1872, Business to-da} ded “on dec 7 National Peace Union in sesvion here, “Cunt of the BurFAto, Flour, 10,600 bbls. ; 10; Sept, Haars, corn, 129, do. ; oats, 51,000 3 shipments—W heat, 61,125 ‘bus! road shipments fi COMMERCIAL REPORT, 0) bushels Mitwaikee No.2 pri if 0 i Sales in small lots at 53c, @ 53430, Shict; Western ‘held At 37. Walande of Mastkee ane Oswreo, Sept. 11, 1 Bales 1,700 Loker me eet toe No $143, Corn dul Cotton Quict and Easicr—Receipts at the Bales—Flour and Wheat a@y—Corn and Oats Steady—Coffce ‘Turpentino Ports, 4,725 ‘ay Flour unchanged. Spring, $9 25 for amber $1050 for double extra. Wheat qu ul Winter at $1 65, l. te. Corn meal—$L 60 fo) Miltieed unchan; ships middlings, $22 ion mnal treiglitse Wheat’ ae ghts—Floly to Quict—spirits Higher—Whiskey Easier. Wepneapay, Sept. 11-6 P, M, Corrre.—The market still remained quict for all de- scriptions. We hear of sales of 4,674 bags Rio, ex Watch, on private terms; also 2,200 bags, ex Selgravia, at New Orleans, on private terms. We quote: cargoes, 14340. a 15c. ; fair do., 153g¢. a 6c. ; good do., 1640. a 16%c.; prime do., 17!4c. a 17%c., gold, per Ib., 90 days; Maracaibo, 163gc. a 18e, Cortor.—The tri Jar and lower price tended to represent the value or ol cotton on the dock and to arrive was unsaleable, except at materially lower figures. fairly active at easier rates, the market cloglug tame. The sales sun up as follows :— 8 i Ww ushels: wheat, 13, —Rlo, ordinary | bushels corn, 2,504,000 te ¢ r ationt on the canal from Bunulo and Oswego 8 Near as Can be asceriai 76,000 do, corn, 61,000 do, oats aud Cnreaco, Sept, 11, 1872. and high yy deregylar: 3 0. 5 He. ‘a 1Byg0.s St. were at irregu- mn in store. New ‘ctions tn spoteotton No. I Spring sarce at plosiag tt 4 25 bid ; seller tober $1 1734; No. 3 Bprit Future deliveries w . Corn, in fair dem: r 36 jer September; rejected, 35c. Oats #1 ed, 2034¢, Rye steady ; ©. 8 24346, ; rege ic." Pork nominally un- Barley steady; No. 3 F changed, “Lard. nominally ss'small, quotations lower; sho ys Last Eve'g. Total 86 667 c, Bacon ‘and lower at He. talo, 12%c.; to Oswego, 20} bbls. flour, 53,800 bushels whe: 00) ilo. rye, $3,000 do. barizy, ‘Shipments—3,(00 bbls, hels wheat, 225,000 do. corn, 44000 do. 120 795 bales to arrive. Freights to But- low middling) the sales hi at, 225,000 do. corn, ts, flour, 57,000 bus! EUROPEAN MARKETS, Maréti, 1,000 at 2 11-16e, Total, 8,400 bales. Sale: M_Sepieeaver, 10) 8% 19 9-160, 200 Loxpox Monry Mark: Consols closed at 92: ‘Lonvon, Sept. 15S P. M.— lor money, and 9234 10 re " 8 Bounst.—Panis, Sept. 1—P. M.—Rentes closed at WERPOOL CorroN ManKer. P.M.—The market closed unchi day have been 10,000 bales, inelt ng 8,000 for speculation y, Middling uplands, ( 4 MARKiET—LiveRPoor, Sept 11— read-tufis is quiet. “! Manker—Liverroor, Sept. 1 Lrvrrvoor Breavs: 62, M.—The market fo: Liverroow Provist P. M.—Lar, 40s, 6. per ewt. Manker.—Livenroot, etroleum, 17}4d, a 18d. per gallon, Com- ary, 20 aut ‘old form contract; . M. mon rosin, lis, se All, Se. To To Mediterranean ts at the various ports ; New Orleans, 290; Balue ports by yorts, by. steain ra Were'as follows FINANCIAL. IND OF $175,000 ‘ty; $7! NEW yn; $100,000 to Joan y mortgages. Address ATTORNEW, Lox $19 Post office, New York. —MONEY TO LOA + Fible unimpro pought and sold. tate Anctioneers an Alabama, Nev Or 165 63 MPROVED AND ACCE! , 1 Pine streét and 26 sed_on cotion fn sto more than half a grade above or below the 5,501 bbls ; wheat, | 4 Ddo.; corn meal, - 4,00) bushels; tye, 1,650 do, | =The quotation —TRUST MONEY TO LOAN AND BUY FIRST ©: y real estate, in sums to st a! bonus, Address COUNSELLOR, box 2,58L New York Frour ax Gra Is as; Di bis flour marke: ruled d AND MORTGAGE.— f unchanged. The offerings were lizht and sales o +a portion ot which were last eveni tinted quiet tor both barrels end city sacked, showed no material change. NEY TO LOAN ON ng Island City Property. IMENT, box 2,254 IRST CLASS RAILROAD BONDS, We offer for sale a limited amonnt of the Leavenworth, Atehison and Northwestern Railroad Company's First Mortgage Seven Per Cent Bonds, interest guarantecd by the Pacific Railroad Company of Missouri. The Bonds are duc October 1,” 1389; interest payable April 1 and October 1 at the National Bank of Commerce, ‘hole amount of the loan $500,000. The road runs from Leavenworth to Atchison, Kansas, Irs, anil ts leased to the Pi til December 31, 1882. avenworth, Atchison and Northwestern Ri er cent of the gross earnings, but neve The Pacific Raliroad of Missouri agrees to deposit the semi-annual interest on | he Navional Bank of Commerce. s been in operation under this lease for the erefore, confidently recommend these Bonds 4 seauirity in every respect, and advise in- as we are enabled to offer them at the low price of Sane a e Extra Western Ex ra Minnesota. Round hoop Vio, siping b Round hoop Ohio, ‘trade brandi Sac Louis choice double extra Reaeoole x-1! Corn meal, West Corn meal, Jerse, SF SHASERASSERATE SATE: Pneeeee 2? corse’ Seome: Wheat was steady hut less active; 125,000 bushels at $1 494 | No. 3. chicago, $1 67 0 $1 | kee, $1 65 tor choice No. 1 to arriy Wiilter, $1 65 a $1 75 for amber. iémnand; the eales toot up about ‘$i 64 tor do. good 2% Broad street. No. 6 Wall street. RST CLASS MISSOURL COUNTY BONDS.—WE rot the Bonds of Greene county, pay over clever jonds mature in 1 Was steady and in WO bushels at rem: Missouri, at 60 and yer cont per annuni on the investment. terest eight per ce debt is jor old do. Instore, 453c. for fanc ‘or old mixed Ohio, and 4 ic, Barley and rye were inactive and nom- rs E & DAY, 16 Wall street. 30 WALL STREET, rk, @ same facilities to depositors as banks, and allow inter at the rate of four por cent. point at current rates with tmmediate returns, Special attention paid to chotce St ILLE CITY 8 Interest payabl DREXEL, MOH 53 Exchange place. OANS OF $10,00) TO $20,000 MAY BE OBTAINED ON Send description to box Nn: Ts.—There has been a good business consum- mated to-day In grain by vessels on the berth, but there commodation tor other produce. i The chartering business con- tinued only moderate, but there was a noticeable im- provement it the demand 1 m trade, and Fates remat | was little call Rates were uncly i rent on dally balances Collections made on any Bonds, &c., for Investors. im 7,000 bushels gr a * at Sid. To Bristol, by steam, 4, HN, om private term: i. 10 Hamburg, 40) packages charters include =A Witish! bark’ to ters grain, at &., or if to the first class city property. 5,467 Post office, New York. NEW York Cork for order: West coast 149d grain, same a 2d. off; a German bark, hence to Od: refined petroleum, 4: sinore, for Maid to the 19,009 cases of ct Continental port, 400) bbls re- ns. Lasss.—Trade in this market continued of no special importance, and beyond small rales of domestic trade there was tiothing consummated. 8 steady, although in most cases nominal, at the following 229 Broadway, a 3 AUTHORIZED CAPITAL, $1,000,000, One half the authorized ca) ital of this Compan: 18 $500, 000 is offere: Cuba—Centrifugal and mix Claye Subscription books ‘will be opened on MONDAY, SEPTEMBER 3, af English Island: Navar Storzs.—' | =k = t for spirits turpenti inained quiet and Ww! change in prices. made last evening of bbls. of strained, fi National Park Bank. reuon is unusually liberal, continued quiet, but Sales were reported of delivery at 244¢0. 5c. @ 2idgc. Gruden ti ak roi GENBRAL BANKING BUSINESS, lly carried on by Trust, Safe Deposit panies. nt oF whan the full eaplial Coe C., and er. jet although ester or clty. wat ne Chem ee et On sli The We also note sales in terma, Ten Vork, 5) Doles out pogpta, B68 Eves roberta 4 Foads,and #4 464 ABSOUNCEMBNT FoR FRoP OPFICE OF FISK 4 HATCH, Ohio Railroad Company, New Yorn, Sept. 9, 1972, By direction of the President and Directors of the 4 & 3 pt. The five per cent de. hose whose proposals are pan, s Fi = right to reject any proposals wt interests of the company to acee posit will be applied toward the payment, in case of ac- cepted bids, and returned to th Rot accepted. The President of the Co Mr, C. P, Huntington, is well known as the Vice President of the Central Pacific Railroad Company, and the same energy displayed in the ‘Management of that corporation, and to which its re- ‘markable success is #0 largely due, Is be!ng put forth in the Chesapeake and Ohio. The Board of Directors is composed of probably as strong and atte men as were ever associated together to carry out @ great enterprise, Among them are the fol- lowing well-known New York merchants :— Messrs, A. A. LOW, — WAL. H. ASPINWALL, JONAS @. CLARK, ~~ DAVID STEWART, WM, WHYTEWRIGHT, JR, This road will extend from Richmond to the heart of the Great West, at a point on the Oto River 813 miles be- miles of river navigation, and soon by connecting roads with the whole great system of Western railroads, thus hong of people and inexhaustible products of the West to the Atlantic Const, and in return furnishing them with the manufactures of the East, and cheap coaland cheap iron from along the line of the road. Itstraffic must be immense. It will cost, Tully equipped, upwards of $90,000,000. Of the whole length of the line, 427 miles, at this date 960 miles are coipleted; the grading is near- ly done on the remainder, the iron is being rapidly laid, and during November next it 18 expected trains will run through to the Ohio River. The Western end, 200 miles, will be nearly all laid with steel rails, the bridging class In every respect, The total amount of these Bonds is $15,000,000, The amount sold by us from the date of bringing out the loan 4s $15,689,000, The amount now offered by us 1s made up as follows :— | | | | Repurchased and received in exchange for De- benture Bonds of the Company: coe 2,418,800 Leaving balance subject to proposals.......... $2,923,700 Should the proposals ed this amount a proper award among the accepted proposals will be made. An opportunity for savings banks, Insurance companies, road, at a moderate price, is ly offered. ‘The Bonds are issued In denominations of $100, $500 and $1,000, either coupon or registered ; Interest payable May and November; both principal and interest payable in New York city, in United States gold coin, The accrued interest from May 1 will be added to all accepted pro- posals, ae Proposals should be addressed to FISK & HATCH, Financial Agents, nd Ohio Railroad Company. ze dw B, MANNING, No. 5 New street. executed ai Stock Board at lowest commission. JOH VNT ITALISTS, rp.O TRUSTEES AND C€. Wanted, $3,000 and cent, secured by bonds an estate in Washington, D. mortgages ox improved real worth twice amoumt of loa Rejerence—Certificates of valuation, Photographs amd | full inéormation to be had on application to E. G, LOCKE, 139 Fighth street, between Broadway and Fourth avenue 40 000 WANTED—ON BOND AND MORTGAG q . on property down towa worth $100,000 fobonts. Principals address box 174 Herd office, 5 TO LOAN OR BUY MORTCAGES— $250.000 Boctanyacatted amount, on proper w York, Brooklyn, Wertchester and New Jerse money without | sey and Westchester county. Prix | with papers. E. M. MASON, No. 1 Chambers street. Spee Grare memo, A SUBMARINE TORPEDO BOAT. sidered Unsafe. under water. well seasoned wood transversed by tron beams, 1s capable, it is reported surface fora space of ten hours, She is divided tight, and through the agency of her own sagine, or, When practicable, by the agency of an inde- endent pump on shore, compressed air ts forced into the compartments, by a regulation of which the | Vessel can be made to sink or rise as the case may require. She is propelled by steam and has two rudders, and can be propelled either turning the vessel while under water. She is able | to proceed in a harbor under water and ailx a tor- | pedo to an enemy's ship without being seen, and | electricity. The great drawback to this engine of destraction is that. the vessel is not provided with any means of ventilation wuile under water. The air which is in the compartment in a compressed state serving by ald of machinery to ventilate the vessel on a sinall scale and to serve the purpose of workingthe sup. The only ire outlet on the vessel is a hatch of Tivo and ones f fect square, and that Is closed and ca'ked while unde? water. ‘The Uhief Naval Constructor at the Navy Yard, Mr. F, B. Delano, says that he has but little confidence ressed it to @ naval ofiicer yesterday, ut tempting Providence and the laws he one in such @ vessel as her, even if paid a bounty, and thin! she is only intended, tf found wor! of he 4 for harbor Terence, it place under water, when gine of war will be fully d Raymond’s men on repairs to hy: 3 ener sira need and B9G08e avenue, Bankers and Financial Agents of the Chesapeake and Chesapeake and Obio Raliroad Company wo offer, tor proposals, all the remaining balance of their First Mort- gage Six Per Cent Cold Bonds, now amounting to $2,923,700. Proposals must be accompanied by a deposit of five per cent, and will be received up to and incind- ing Monday, the 16th inst., the directors reserving the nich it may not be for the Jow Pittsburg, where it will at once connect with 13,000 | giving short, direct and easy grade outlet to the mil- | and the masonry first Unsold balance of loan as above................+. $510,400 | estates and investors to get so good a Bond on a great | iT PAST DUE Bonds want given to the collection of Coupons, &c., throughoet the South. Orders 2,000 for five yoars, at ten per ¥. onus, PAUL P. TODD, 6 Liberty ci | $750,000. & titsew Yor: Brooklyn, New Jer- als only teed apply, Launch of an Iron Steam Sabmarine Torpedo at the Brooklyn Navy Yard— Description of the VesseleShe is Con- In pursuance of an order received from the Navy Department a Board of Survey was convened at the Brooklyn Navy Yard yesterday at noon, for the purpose of examining and experimenting on an fron steam submarine torpedo boat, which was launched at the Brooklyn Navy Yard from the Ord- dance Dock on Tuesday afternoon, The Board of Survey consisted of the following oficers:—Com- modore Y. C. Howell, Commandant of the League Island Navy Yard; Vice Admiral Rowan, Captain G. Ranson, Commanders M. Sicard, W, Whiting, H. Er- ben and Chief Engineer W. W. W. Wood, Naval | Constructor B. F, Delano, Lieutenant Commander | Barelay and other naval officers. The Board of OM- cers met at the Scow Dock, where the torpedo boat had been moored, and proceeded to investigate her power of action and capabilities of working while ‘This formidable engine of war was recently bulit by Mr, Stetson, of New York, and is constructed according to pians of his own invention. She ts about one liundred feet long and is shaped | like a cigar, and when tn the water has searcely ten inches above the surface at | the highest elevation, Her frame is of, and sheathed with iron plating, chain-riveted, and j, of steaming at the rate of eight miles an hour when under water. It is. | claimed by her inventor that enough air can be pumped into her to enable her to keep below the | {nto diferent compartments, both air and water | backward or forward without the necessity of | when ata safe distance explode it by means of in the torpedo, and it is his opinion, as he ex- um: patare and humanity to bi: their ma Yall under examination at the Navy Yard. le says he does not know how a maa will serve unsafe and does not approve of her, She, when at work, will need a crew of about eighteen men to fully equip her and to work the macuinery; but af prov: ie department, not un- likely that some means may be adopted to lessen the Fisk of the possibility of any lives being lost in her. Further ae iments will @uortly take the real * being of this en- lope Comptroller Green yesterday paid, through Pay- master Falls, the laborers on repairs to Croton pipes and cobble stone and block pavements to September 1, $16,000. Paymaster Paw) L pay 1» 60 7 twelve o'clock, EVENTS IN BRAZIL. A Stroke of Lightning Made to Order. Escape of a Gay Lothario Canght in Flagrante Delicto—The Problem of the American Prim- itive Language—A Thick-Skulled Ger man Drivesa Nail Into His Head— The Horse Races and the Ar- ray of Brazilian Beauties. Rio JANEIRO, August 6, 1872, A remarkable case of lightning stroke occurred of late in the province of Rio Grande do Sul, Some men were Jollifying in a hotel during a thunder storm, and one culled out in jest that he wished a. bolt would strike the house and upset them all. His words were immediately followed by a tre- mendous report, and when the party recovered from their fright five men were lying senseless on the ground, one of whom, whose head had been against a wall, was dead. During the flash one who was supping at a table was seen surrounded with flames. He was immediately stripped, and was found uninjured, but his inside clothing was all singed, the lining of a waistcoat pocket burned, and a gold coin melted that was in it with another, His shoes weve also burned, A GAY LOTHARIO furnished an exciting scene a few nights agoina quiet street ofan aristocratic quarter of this deeply religious and ineflably moral city of St. Sebastian the Targeted, A bereaved, but ardent merchant, had ofttimes played the nightly trespasser in @ note far-distant house, and with impunity, until an en- vious neighbor lady revealed the secret of the nightiy visits. The resuit of the disclosure was the placing of two policemen In ambush, and when the gallant merchant had applied the talisman tothe postern gate aud had entered into tho palace of Joy the two dragoons entered by the front to seize him and bear him of to the barred cage of igno- miny and law. But Lothario was spry. Disdaining to don his daily garments, he rushed to the postern, opened it and fled, swiftly pursued, but vainly, for ere they could overtake him he had gained his cas- tle and escaped their ken, leaving them lamenting. And sounds of lamentation were heard that night and morn from that neighboring house, and the postern gate has never more been known to open since that night. AMERICAN PRIMITIVE LANGUAGE, ‘The originator of the American primitive language theory is working hard upon the proofs of It, and, it would seem, ts arriving at results which go beyoud his primary anticipations. As {s well known, the re- searches of modern plulologists indicate that Kel- tic, Gothic, German, Latin, Greek and Zend are not as formerly thought, derivatives of Sanscrit; bu are, with it, branches of a more yore language. The American language, to which the author of the theory refers, 1s considered by him the directest descendant of the su oa sous BEATE tongue, a descendant very little changed, Owing to its exist- ing in a secluded region, freed by natural, Insuper- able boundarics from foreign inroads, and, there- fore, from outer infiuences such as all other languages have suffered from. From such conside- rations, as well as from internal evidence, he be- lieves that the American ee will serve a8 a key to what is it soluble in the Aryan and Semitic languages, and perhaps in the Chinese and other Tu ny ones, although the absence of fixed pronunciation in the latter appears to render {identification really hopeless in tueir case, Indeed, the American lan- guage has served him to decompose and explain most recondite Indian and other Aryan myths, in- cluding the mythology of Hemer, besides the early | Jewish traditions and the names of countries, &c., which had no known signification, and, by its aid, it appears possible to trace several migrations into Eastern and Southern Asia from America; but, at present, the author is chiefly engaged on the forma- tion of tables of the language, with some applica- tions of it im support of his theory, to lay them tn | manuscript before scientific men to whom the lan- guage is familiar and who, therefore, are capacitated to pronounce upon tie value of the theory, One thing there appears no doubt of, that this American language is worthy of the highest attention and study of philologists, as one approaching, ifnot attaining to the perfection of scientific structure, simple in its construction, regular in all its forma- tion and able by a large number of suilxes to ex- press the nicest shades of concrete and abstract conceptions with accuracy. 1 understand the au- thor expects In about a couple of months—that ts, after submitting his tables to native experts and learned men, to bringthe matter to the cognizance of European phitologists and the general public, TUE PARAGUAYAN MUDDLE is still in the statu quo of uncertainty, as far as the public is concerned. General Mitre fell sick a few days ago, but isupagain, Meantime the ilustrated periodicals are caricaturing the rival country’s men and things, and the latest from Buenos ar represents General Mitre in Rio, surrounded by a group of chattering monkeys, flourishing their re- Speetive dailics in his face, whereat the Brazilian press is naturally very wroth, AITEMCTED SUICIDE WITH A NATL. Aman up tn the ancient Germante settlement of Petropolis, the diplomatic Olympus Whence the hich-toned gentlemen of diplomacy look down upon the busy workers of the city, has tried, but unsue- cessfully, to cominit suicide by driving a longish nail into the top of his head with the lid of a cask. ‘'yhe nifil was conscientiously buried up to the head in his skuil, yet the doctors say he will recover and be as good a man as ever. ‘The case has caused much excitement in medical circles, but the only reason for the failure of the suicide that the doctors can assign is that the man is a German, and that the Germans are proverbially “hard-headed.” But the reason limps, for it rather seems to have neat not the want of softness of skull, but the waut o! brains, that saved the man. AN AFFRAY occurred yesterday on hoard the American ship Baltic, bound frown Mejiliones to England. ‘the mate and one of the seamen hada quarrel, but, after an amount of jawing on both sides, the matter seemed At an end and the mate walked towards the cabin. Accidentally turning round, however, he found the man was following him with @ pointed knife, and in the struggle which ensued the mate received a severe cut in the face. Some ofthe other mariners rushed up and seized and dis- armed the man, who was then taken ashore to the Consul and lodged in prison. THE HORSE RACES on the 28th ult. commanded fur more of the bile pathies of the population of Rio and its suburbs t | does jockeying for the popular voter and, notwith- standing the bal weather which befell that day, the’ ublic flocked in great numbers, the show of jan ladies demonstrating that horscracing is being considered perfectly chic and altogether tonishnow by the black-eyed prudes of whom even Rio Janeiro society, bene oho foreign exaniple, is still mainly composed. The ladies even gave a silver breakfast service for amateur jockeys to break their necks for, and have really reached the feng of betting car tickets and sweets upon the events, in quite a spirited manner, and it is said some kisses too, to be paid upon the sly. Thus the world wags on; Brazil is moving with its swing, aud per- haps in another Olympiad Brazilian ladies may be Ses seen crossing the street without their Dinah behind to piay propriety. : A PARALYSIS hag fallen on this region of late in ; diplomacy and commerce. Even the dai Arte which usually furnish material for the él en of the fire chief, though none for trophi ft is victories over the devouring clement, have suffered the same fate and have succumbed igno- mintously before the bucket of Susannah or the squirt of Dr. Slop. There is ® general dearth of incident, for, altuough the primary elections are to take place this month, bo one outside of the omictal circles, marshaling the forces for the vote for the official candidates, appears to care an iota about @ matter which the experience of many foregone fae has shown is a foreseen conclusion. The republicans have abandoned all idea of putting up candidates, and the liberals have generally re- solved on abstention, leaving the conservatives almost to a walk over. Accounts from the River Plate tell of the com- letion of the transandine telegraph between Buenos Ayres and Valparaiso. Here in Rio a com- pany is about to lay aeable from Rio, to connect with the River Plate lines. SHOCKING BRUTALITY IN JERSEY. A Wife's Story of Her Husband—A Cans nibalistic Canaler. A decent looking woman, Mrs, Donahue, ap: peared at the Newark Police Court yesterday and declared that James, her husband, was unt to be at large. He was in the habit, she stated, of spending all his earning in Bi and bag and brati nner. \ Kloking astaed, he bout her aud thelr tro child re ago, badly that they had to go to the hospital. Th children died there. Donahue was arrested and fully committed for trial. A BLOOMFIELD ATROCITY, Atthe Morris Canal basin, tn Jersey La Lage ter two Newark officers took into cus: ae Kinley, ® canal boatman, Raloadl ig charge assaulted Mf. Joseph Minhardt, a saloon Keeper 1D Blomfield. It a) Peare Moxinley ‘and two other BERS ana! hs ea aan Ae tor sald he hud no liquor. enraged the 0. t leged, Fasened hin dows, ney ante fhe her two him McKinley Jumps out of the man’! left breast and his rm in several places: He we Comunitved to answer.