The New York Herald Newspaper, September 21, 1872, Page 8

8 FINANCIAL AND COMMIERETAL, ‘The Rout of the Wall Street Cliques. Tho Secretary of the Treasury Fires 2 Bomb Inte Their Retreating Ranks, Prepaymont of the November Coin Inter- est on the Public Debt. GOLD FALLS ONE PER CEN ‘he Highest Price 116 1-8, the Lowast 113 °%4,! the Closing 114 +8, THE PROTESTED CERTIFIED CHECKS. ‘The Banks Will Not Surrender Their Position. OLEARING HOUSE AOTION AVOIDED. “Morally Right if Legally Wrong.’ The Rate on Call Declines from 30 te 3 Per Cent. A GENERAL RISE AT THE STOCK EXCHANGE. The Erie “Corner” Maintained, but the Steck Lower. WALL STREET, Fripay, Sept. 20—6 P. ‘w.} On 'Ohange te-day four was firm. Wheat was @ull and jower. Corn was active and higher. Cotton was active, but decidedly lower. THE DRY-GOODS IMPORTS. The total imports of foreign dry goods at this port for the week ending September 19, 1872, were $3,250,871. The amount marketed was $4,153,283, THE WALL STREET EXCITEMENT -@till further subsided to-day, and the markets there promise an early return to their wonted quiet. The restoration of confidence and good feeling was soon indicated in a stronger condition of the stock mar- ‘Ket and a considerable decline in gold. ‘The action of the Bank of Commerce and City Bank was dis- puted apparently by those only whose interests ‘were to be fostered by a continuance of the mone- tary stringency and derangement, although many an impartial mind regretted that those institutions had found it necessary te transgress the letter of ‘the Jaw in order to overreach the speculators. Stil) they bad CUT THE GORDIAN KNOT #o cleverly and the end was so eminently calcu- lated to justify the meaus that no wonder was ex- pressed when it was reported that the overs of the Metropolitan Bank were ready to throw them- selves into a similar breach and stand against any trial with them of the clique tactics. The whole question came up for consideration at a special meeting of the Clearing House this afternoon, but after much deliberation the association decided very properly to do nothing official in regard to the refusal of the banks to pay legal tenders in return for certified checks, although the sentiment was @xpressed unreservedly that the two banks had m “MORALLY RIGHT IP LEGALLY WRONG.” Indeed, the Clearing House, in refraining from condemning their course, virtually endorsed it. The point was further raised and made that banks faving the accounts of Wall street brokerage rms should modify the certification of the heavy a#hecks incident to that class of business, so as to @rovide tor payment through the Ulearing House a the manner which has been so long customary and is still practised. There have been no further *egal developments in the case, so far as the Bank of Commerce is concerned. The checks on the ity Bank were not protested, and have not as yet made their appearance through the Clearing House, but they will, doubdticss, be pre- | sented there in the morning. The details of the meeting at the Clearing House as far as they transpired, the proceedings having been, as usual, strictly private, and the views of the oficials of the two banks will be found given at More length in the adjoining columns, THE MONEY MARKET pened active and stringent, borrowers paying, in addition to legal interest, a commission ranging from 1-32 to 1-16 per cent; or, in other words, as high as nearly thirty per cent per annum. As the day wore on there wasa gradual relaxation, and the rate on call declined to as low as three per went before the closing of the banks, the market closing nominally at 3 a 5 percent. It is still too early to quote commercial paper, sa which there hhas been yery little doing this week, and that little at high rates, Foreign exchange continued unsettled, and quo- tations must remain nominal until the gold loan market is restored to ease and steadiness, Prime _Bixty- day sterling sold to-day for habe as 107% “cash, and “good”? bankers’ bills at 10744. The rates at the close We give as they were nominally quoted, as follows:—Sterling, sixty days, commer- cial, 107 a 10714; do., good to prime bankers’, 107%; a 10844; do., short sight, 105% a 109%; Paris, sixty Gays, 5.40 a 5.33%; do., short sight, 5.3134 a 5.28%); Prussian thalers, 70% a 71%; Antwerp, 5.36% a 6.28%; Switzerland, 6.964 a 5.28%; Hamburg, 35 a 35; Amsterdam, 89440; Frankfort, 40% a 40%; Bremen, 03%; a 9414, THE RAILROAD BONDS, The following were the bids for the railroad bones to-day :— New York Cen 6's, 1888. 91 New York Cen 6's, New York Cen Os, re New York Cen 6's, sub. New YorkCen 7's,'76 Erie Istm, extended, Belly'le & 8 T ist m 9s, 29 hern 7s, Ist in: 75 on'st 95 Glev & Pius ann nm, 83, Chic & Ait Ist m 105 Chic & Alt ine a Ohio & Miss 2d tn, con.. 8714 St degus fiten Mistm. vz Mil & 81 1, hag Gy, hn Ww RR 7's, etd by Mi T Union kao Ist mbds,... 87h Umoon Pac ig7’s.... rbd non Pac ine 10% 3° Bo u Ji Cent 7 per cent, i875 105 GOLD LOWER—1153¢ A 110% a ais. The gold market opened at 11534, but within five | minutes broke to 1143 on heavy sales to realize, | aithough the clique endeavored to stay the down. ‘ward tide by bidding up the terms for the use of cash gold until as high as for the use Of about half a million in to-day’s deliv. eries, The highest rate recorded on the book was, however, only three-quarter per cent, the brokers having huddled into a dense crowd in the corner of the Board and transacted the business amid great excitement and confusion, pending which there wasa faijure to record the one per cent before succeeding rates had been notified to the Registrar and entered, With this demand for east gold the price reacted to 114%, but again went down hy She sun to 13% on the anuoULCMeUL trom Wash. ne per cent was paid NEW YORK HMRALD, SATURDAY, SEPTEMBER 41, 1872.-TRIPLE SHIRT. Ington that the Assistant Secretary of the Treasury had sanctioned the prepayment at the usual rebate of 6 per cent of the NOVEMBER GOLD INTBREST on the pablic debt, the authority for which wes | than ever, Tam glad indeed to see that there is at conferred in a allowing such prepayment any timo denng sixty days before the interest mile due. “It never rafas but it yours.” law passed by Congress new obstacle to the enccess of the clique | munity who have taken the tronbie to come here 4m an old law, which had decome almost obsolete | and express their thanks for what we have done from disuse, the discovery and application of which | for tho made a fresh link im ‘the chain of them defeats, When, however, it wa’ perceived later in the day that relief from the #peration of this'law would've only a slow process # best gold recovered to 184%, and the:dtique woud up the market with @ firm | be utterly at ft» mercy? Sepposing he wanted tome by'Bidding tht price to the'end. The ¢ourse | Money to pay * loan; he gets a check certified and of the market durtng the day is‘skown in the fol- lve it to tare yap dehtor oa presenting lowing table:— ‘In the gold loan marketwe rates ranged from 25% per cent per day for bof¥ewing to 4 per cent per "annum for carrying. The operations of the Geld Exchange Bank were as fiilows:— Poort The Sw-Treasury pala ‘out $66,000 on acoownt of interést ‘and $14,000 om account of redeemed five- twenties, ADVANCE IN’ GOVERNMENTS, ment vonds, which underwent an imprevement for the fve-twenties, ranging from 3 to % per cent, although the whole of it was not retaimed to the | close. The 61's seid at 11434, but were offered:a quarter per cent Jower at the close. The following were the final quotations :—Umited States currency | sixes, 111% @ 11234; do. do, 1881, registered, 114: a 114%; do. @o., coupon, 1853, & 115%; @e., five- twentics, registered, May and November, 114 a 114% ; do. do., 1862, coupon, do., 1144 -@ 114% ; do. do., 1864, do. do., 114% a 114%; do. do., 2865, do. do., 11456 @ 114% 5 do. do., 1867, registered, January and July, 118% @ 118%; de, do., 1965, coupon, do., 11334 @ 113% 3 Ge. do., 1867, do. do., 114.0 114% ;.tto. Go., 1868, do, @o., 114 a 114% ; do., ten-forties, remis- ‘tered, 101% a 2083; do. de. coupom, 108:a 10834; do. Aves, of 1881, registered, 110% a 11134; @o, do. do. coupon, 110% ® 111%. SOUTHERN SECURITIES FIRMER. The Southern State bonds were firm and gene- rally higher at the close, but quotations comtinued to be mostly nominal, the amount of business hav- ing been too little to test the tone of the market. The following were the closing prices :—Tennessee, ex coupon, 713, 9 723¢; do., new, 713 & 7234; Vir- ainia, ex coupon, 45 a 47; do., registered stook, old, 36.40; do. sixes, consolidated bonds, 50 a 51; do. sixes, deferred scrip, 15 a 17; Georgia sixes, 70 a 78; do. sevens, 85 a 88; North Carolina, ex coupon, 31 945 do., to North Carolina Railroad, 45 .a 48; do., funding, 1866, 24 a 25; do. do., 1868, 21 a 23;.do., new, 2034 a 22; do., special tax, 10 @ 14; Missouri sixes, 91% a 92; do., Hannibal and St. Joseph, 89a 90; Louisiana sixes, 548 56; do., new, 49 a 65;.do., levee sixes, 60 a 60; do. do., eights, 70 a 75; do. do., eights, 1875, 70 a 80; Alabama fives, 55 & 60; do. eights, 84a 86; South Carolina sixes, 45; do., new, January and July, 23% a 24; do, do., April and Oc- tober, 24 a 25; Arkansas sixes, funded, 48 a 52, STOCKS STRONG. The stock market was strong, but, quite natur- ally, irregular in its improvement, The popular impression that the clique had been signally worsted in their latest designs upon the money market and had unwittingly driven all the banks of the Clearing House into ao fresh defensive policy against them imparted at once @ bullish feeling to the speculative movement and started stocks on the upward turn almost as soon as the Board opened. Indeed, it is believed that the clique were frightened into “covering” their contrac’s, and some heavy purchases of Pacific Mail were traced to their ac- count, the stock being at the same time freely fur- nished, the Pacific Mail pool, who appeared to have “missed their tip” as regards their renewal of operations in this stock, which they have bought “high” and sold “low.” The smaller “bears” all over the street took the alarm also, and jomed in the general scurry to rectify their speculation. As @copsequence the market advanced an average ofla2per cent, Harlem rising 3 percent to 113, Western Union nearly as much and Northwestern and Pacific Mail nearly 2 per cent, Panama recovered to 128, The Erie “corner” was greatly relaxed but waa still closely main- tained. There was at one time a difference of 34 per cent between cash and regular transactions, but for the stock itself the highest borrowing rate as 34 percent, the lowest ‘fat’? and the closing \% per cent. The price opened at 51% and advanced to 5234 cash, but declined to 49 on a report that the steamer Rheim, coming up the bay, had a con- signment of Erie on board, Either the report was untrue or the steamer’s express packages were not delivered to time for to-day’s deliveries, for the stock reacted to 511% and closed in that vicinity. It was also rumored that Daniel Drew had been selling quietly, but that the German bankers were still capable of maintaining the corner as effectually as before he lent them his volunteer assistance. The best prices of the day were made toward three o'clock, or when the money market was #0 remark- ably easy, subsequent to which hour there was a reaction of more or less, but of no important ex- tent. HIGHEST AND LOWEST PRICES OF STOCKS, The following table shows the highest and iowest prices of the principal stocks during the day:— Highest, per" 985 based York Central. Wabash.... Northwestern Northwestern preferred. Rock er . preferred. Ohio and ississippi. Union Pacific ¢. ©. and I. © Western Union ‘Telegraph. Pacific Mail In Philadelphia to-day Reading recovered to 112};. THE ANTI-CLIQUE BANKS, —+——. The action of the Bank of Commerce and the City Bank on Thursday in refusing to honor the certified checks presented by the clique had an ex- cellent effect upon the Wall street operators yes- terday—that is, it afforded a feeling of relief to those operators and business men who had no interest either in the success or failure of the | “corners.” There was, to be sure, considerable | nervousness leit after the scare of the day pre. | vious, but as the cliques remained perfectly quiet. | | evidently rendered powerless for the time being by the resnit of the bold stand of the two banks mentioned, the majority of the real business men who do not tnake it a prac- tice to operate in stocks felt more reassured and confident that there was no immediate prospect ofa “crash.” A HERALD reporter, anxious to as- certain whether or not the cliques had made any biading, called upon Mr. Vail, the | CASHIER OF THE DANK OF COMMERCE, | during the afternoon, and broached the subject to | him. During the conversation that ensued Mr. | Vall remarked :— “They have made no new move, as far as I | Know, tu the way of an eifort to prsh us from | the stand we have taken, It is my opinion that the matter will now go to the Courts, and that that will make our path clear for the future.” “1 suppose you know,” said the reporter, “that bank, who contend thatit had no right whatever to refuse payment of cheeks endor: by itse “1 know,” was the frank reply, “that there are a few men who find fault with what we have dong; | but lassure you that the great imajority of the business community will agree that we did what was | | i | | | { | RIGHT AND PROPER, Just a moment or go before you came in a very well known business man came in to see me, and said ibe, Sire Vail, ever sigce tus bank was starved ‘The restoration of a confident fecling in the streot each aols ol was instanced in a remarkable advance m govera- | knew right ‘wellithat new moye toward compelling the banks to do their | there the Whole question will be decided in a way | there are a few who condemn the action of your | do | Bed ei Ri I Dave held thirty-three of its snates, and I 8 ¢. o 7] 709 &: have always he) them against ali temptations to 1 b > : 98 do. ‘fell, and after what it has dene in this lock-up & 4. . 2 business My confidence has been made greater ta bare | least one bank that hag had The courage to stand | 99 do, : x ae. Up against so gigantic a villany as that contem- | fy b “ By 100 Onte® i plated by the men in the lock-up cligne.’ That oe $e. - wy 8 g Here was a | man, sir, is only one of many of the wesiness com- 19, do. : 89 vy ¥. 208 Ey 0 do. $8 do. A 300 do. a do. 3 wo 9 INTEREST OF THE PUBLIC.” Leah . E| ” . iret “Yet, Mr. Vail, @ees the bank assume the right to refuse payment ef its own endorsed checks when- ever it secs it? If it does, would a depositor not ou t zh "replied Mr. ut the ease rightly,’ rev it - “ ‘a8 thoy say, is busines: if you come te a bank, deposits certain naraber of cer- ted checks from other banks, and after they'kave ie throtigh the usual eourse draw against ‘them, he bans bank would unquestionably pay the money on Amal re’a the @iierence in thease of Smith one ts itr h 3 can percvive on a just here, ‘as_you pe Memout’s reflection. We certilied ‘vhecks'on the 1fth witich they cowl have deposited.in THRIR OWN BANK ef deposit and drawn against. Pearce the ‘bunks would have known oxaci ere they ‘were, but they Mid nothing of ae kind. They simply got the checks in their ession after they'were certified, held them'back for a couple of 4 days and presented! the ta for paymerit at one desk. You can easil, this is ‘not the customary ing bammneen, and the men’ who attempted enbacks bY the mothod ‘they ado) har ey were not going on done 60 1200 ‘Tegular ws Why, ger Bu; we give certifies: ‘Tons. for $4,000,008, git away, before the | 1p Ra Cemtral NatBk. 100% 300 regular metho@of the o chedk passing through the | 28 Man & Mor's Bak: 100 100 Clearing House, checks should be presented for | 11 (bags Bank.. 11 500 rover and above that amount, Don’t you sce that @ 8 om “ony set of men by combining'could ruin any bank 109 in the county by that means? A: bank’s stability, 4 500 you nowt 100 x0 PENDS SOLRUY UPON CREDY 100 209 and no panwin the country'ts ‘atell times ready to | 300 ‘200 meet all its obligations im a:rush.?? 4 1 “Well, supposing the @lique had made their de- | ip) 900. posits in your bank and then drawn against them 1” 1100 “If they Mad deposited the certified checks, and they had in the reguiarscoarse of. business gone to the Clearing House, we would have been duly cred- ited in greenbacks with the amount deposited, ‘Then, if they had presented their checks, even for the whole amount, we would pay them. but, mind you, in oe 80, we shoukd be leaving our- selves open ‘the guspicion that we were pli into the hands of aciass of men who were attempting to bring on a iockup of currency. A resolution was passed by the Clearing House, Ou must ‘banka making such action on the Part of any ban! from the benests oft the, Glearing “rouse; 80 we'd have tobe jud ged according ‘to our motives. I hope you gee that the case of a depositor drawing against his deposit is entirely different from a pany, demanding ment of a certified check be- fore it is deposited. ‘ “will the ank stand firmin the position it has “it wil at all hazards, It has taken the only right stand that could be taken.under the .circum- stances. We knew what the designs of ‘the m were who were attempting to witharaw from cir- Glee ANTAL amount of currency, and we felt justified in doing what we did. Under a like cir- cumstance we would do, the same thing again. We have, I think, in a measure, put acl plot ‘that, 1f successful, would nave been ruinous to the best interests of ‘the business community, and 1 know that all right-minded men not in any way interested in the rise and fall of stocks that are made use of in Wall strect as means of specula- n are IN OUR SIDE.”? “Then the bank win risk all consequences of its actions?” “It will to the bitter end. Itis in the right, and it must prevail despite all legal quibbles of techui- calities.’ ‘This ended the conversation with Mr. Vail, which, by the way, it may be said, was several times inter? rupted by business men who came in to congratu- late the Bs ofMicers.on the stand they had taken against the cliques. The reporter soon afterward called at the City Bank, . Moses Taylor was not in, but he ascer- tained from Mr. Cartwright, the cashier, that the checks which had been presented the day before by the clique and had been refused payment had not called a meeting, Which was held at half-past two resolutions tllowing ank to repudiate uni 83 ON abgointe rounds of bankruptcy, The suit, pegs Bs Messrs, Sinfth & Gould wil} ntl, 6 proceeded with, and the law court will determine whether these banks acted up tothe spirit and letter of their charter, The representa- tive of the Heap also called at the office of Messrs, Sinith & Gould, 7 oe taeae and was in- formed that if these banks tmagined that the only result of their action would be the costs of pay- ment, they were mistaken, and THE GRAVE CHARGE of violating their charters will be instituted and a ! demand made for thetr repeal, se gentlemen | Were sanguine as to the result, and talked of claim | ing consequential damages, The meeting alto- | gether was unsatisfactory, and leit a vague tm- | pression that any bank which shouid choose to take | 4 the risk might be moraliy justified in repudiating, | though the legality of such a proceeding was aito- gether unquestioned, SALES AT THE NEW XORK STOOK EXCHANGE, | $5000 T'S 5.20, ¢, "62 | 1500 US 6-20, ¢, "4. 80000 do | S000 U8 6-20, ¢, 107... ¢ 86's, Cur... 685 2000 US 8's," 10-40, &, A. MimBefore Call, 200 sis LS &MS RR, 10 rt 409 sha Wost Un Tel... 10 i 6 I | | r 60 Ww) Bu) aa} 0 Pi } 20. Ws seree eee i 2 S' 2 ag ae SEEEES E ae SESSEESESESSSEESSEE: SESSRgEE 3 3S SSSESeSes: S252 been protested, and that the bank would fight the | 300 (oe fight out against the plotters if it took all | 1007, inter, ae 100 THE CLEARING HOUSE MEETING, | 15 200 do. The downright refusal on Thursday of the City | {%Ohloé Miss RR, Bank and the Bank of Commerce, two of the | 2. y ao. soundest and most influential financial institutions | 4% do. in the country, to pay greenbacks for the face value a6 ao of certain certified checks, on the ground of being | 20C &RITRI aware that these checks were presented for the | 1 de purpose of withdrawing from use legal tender 2} notes, had the effect of raising 80 SERIOUS A POINT io I cued wer that the Clearing House Association, at the in- stance of Messrs. Moses Taylor and Henryl. Vail, | 999 cen Pac gid b. 2000 Mil & St 1? As yesterday, in the Mechanics’ Bank, Wall strect, oO About forty banks were represented, and after the | 199 Am MU : President, Mr. J. D. Vermilyea, had called the meet- | 800 Pac M88 Co. OB ing to order, a resolution was presented to the | 0 do Se effect that banks, conceiving that checks had been 2500 8% presented for the purpose of withdrawing legal uw i 3% tenders from use and thereby disturbing the money aA do. -q i market, had the right to decline paying them over | 339 4 60g 1800 the counter or otherwise than through the regular 1 Radar Ss exchanges from the Clearing House, as customary. | 200 de 85g 300 This resolution met, with stormy disapproval, | 1% 4 Se and though amended | several | times anti | .. .§ 1 xd Tove its — spin quite obliterated, — the | 200 do. 69 100 Board = was compelled to adjourn — without | 500 do (8% 800 taking action. It was represented that such a | 300 a @. WH course of oe Se Ss Be NOMINAL BANKRUPTCY a. and repudiation at option would be detrimental to | 399 a +, i 3 the financial interests of the metropolis and in a | #00 4 608} 200 measure decrease the value of checks, which under | 1700 di 69s, 100 such @ rule might, or might not represent aface | 4. 4 Ss Soe value. One gentleman said it would be rather an 3 nick a BB QW arbitrary proceeding to compel every holder of a YC& 9% 1400 check to pass it through the Clearing ilouse before do. ay 800 he could get it cashed, and unless he held a bank 98% 300 account it would be impossible to get legal ten- a 2 ders for the amount represented, Giving a bank ee this privilege would introduce a disturbing indu- 332 {900 ence into business and cause endiess complications, 93% 300 The sense of the meeting was to the ettect that 934% 200 though the action of cliques in withdrawing legal 6 10C& tenders was culpable, yet the proposition to adopt uC & measures which Would give a bank 3 A PLAUSIBLE GROUND 103 for refusal could not be entertained in any commn- 200 nity desirous of maintaining a high finan- 100 clal stutus. Though conceding the action #0 of the City Bank and Bank of Commerce bed to be “morally right bat legally wrong,’ yet in | 10 Marinoss eg view of the want of unanimity which prevailed on | j99 3 do. Ww the subject the meeting felt itself constrained to | 10) do wO take no action on the subject, and would pass no | 400 OO 10. | } 20) od 1 Canton Go, 00 Pac MSS 1 i) RR. FY : Ss feogsssesssss: Rooney 3 aEefootats SEueS' ia aad eecopoce®: a! SSSSSSSE ES aE gabaetse . SEsbs8 ea: +4 SESSEESES ss SEE essentegs ge2e22 agerersgaogepeseavenennnze7 SESEEEEESESERERESELE 100 shs Panama RR. do. ae Fay 49 “ 10) Chic & pret 1 Be au Chie & tak ol 0 4 Ban a 8e6 57 do... 5 10 Tol & Wab i 691) gupeereeesass2es: : sone rst zz a3 Western Union, 69 a Panama, Sanaa —— - Sees —— SasssSS 12115 and 2:15 P. M. Board—10:30 A. M. aad TESTESSSSSSSTS SRS RS 2:30 to4 P. M. Yatra retic: BS ge agen. we Cotton, Active, but Decidedly Lowar=Re- cel] at tho Ports 9,238 Balee-Mlour FPirm—Wheat Dull and Lower—Corn Active and Higher—Vats Irrogalar— Spirits Basier—Rosin Firmer—Coffee Quiet—Pctroleam Dull—Pork Steady— bard Firm=Whiskey Firm. Pawar, Sept. 20-6 P. M. Asnes.—The market remained quiet and unchanged. )"Pets quoted at $8 26.and pearls remained nominal. Re- ‘celpts for the past Cree days 18 packages. Bortpiwc MAreaiat.—There has been rather more in- ‘quiry for brick, at stea€y prices. We quote—Cargocs ‘Pale, $5; Jersey, $650 a $7; Haverstraw Bay, $7 a $3 50; Croton, 912-0 $16; mpage front from ruts 9 Lepthe a 915, Lime The wupp t modera quoted at 9 Fe Cy te: and $178 (08 1a for jump. ated at st oper bel and fair demand, were arma. ne Wo for aster Deen ir a ihe anarketolherwige Femalned guts 8 33. fol meres . a 43e. for patent do., ra es ies a for stearic, and lic, a Isc! ada ‘market was firm under a moderate! ingulty. Ba'en since our inst, 50400) ibe of Lake at wie a ey’ cash and future spain other metals were q but firm. Goreme. was 1; t and changed, we heart UE alee OF RIG bags Be io era ving, o Ire. noe Erne! oreineny: 6 angoes, gee. prime a, arise: ate fe wold jib. Wo days thiaracatvas 6gc. a ibe. ; ra, c, a ldc.; 8 Domingo, in orton, The. ee ai keaton was fairly active pt ety Pepin ction 1 Bi Hon of i, per ih on vis riy ‘growths Orne higher cine "AL this decline arket closed wi improved tone. Future de- iveries, although actlve raled unsettled and again lower, ing, however, with some ‘sales soot up as follows :— considerable steadiness. The Last Boening. Total. wy Sige Iai 732 0 Total sactavesasne Fal sIncludi aiiove is bat lestoarrive, For future clivery (basis low middling) the tales, have been as fol- wi les last evening after three o'clock —Sopt Gerober. 100 at 18, se! a Bry, 200 ab 10E6: fe old form ‘at 19 S1ée., all old sfe.r od form ecutracts three BIS 100 at li atoms ce Sheet ee at ¢ low inkd 00 at 1s EAE 1, ane one 19 1-160... £00 at Vac goat C. ary sarge Mis wat st’ 200. jiddat 19 ite 100 at 195 Be BL wies 20 February. Tot Rates on cotton to fore! Daid t0 exchange Baia St jen Grand foial, 7.380 bal ales. closed as id October 8. rest: steam. Ie “i sail, by. ‘o Bresien, steam, ic. resed. To sail,’ 0.5 oy the ports sum pas! ee “a few Orleans. 148; Mobile, 7; Savanna, rleston, : vlimington 140; ‘Norfolk, 6743 This last week, 7,208. itedaieat ‘We quote ek, ah ‘Uplean ide, Al muna. New Orleans, Texas, nat i i rt 19 20) —The quota based on cotton In store, ronning {in oa Bot ore than half agrade above or Nelow the Troun an Gnarn.— Receipts —Plour, 17871 bbls. wheat, 112,090 bushels; corn. 986 Nb) 240'bag 5 ote, 62,825, uahels: hadley, 21m doe The tent ‘ruled steady under a moderate demand. The fates singe our {ast foot up about 15,000 bbls eluding all Kinds, Corn meal was, decidedly more active and The sales were avout I, Western yellow at$3 80 the dock. ‘fe quote $3.75 2rgrsaaaessecn Sussuvsrerass Hound he oup Onda, shipping’ brands: und ho ii Round hoop Ohio; trade. brands, o KERRIES, Foc cS coms Sasnsconaas! esse a ee ry itraight extra. St Louts-choice Stonble extr aoice family secon sg SESRSRSESBSSSECHD: uthern Bouthern supe Southern extra. Southern family. Corn meal, Western Corn meal, Jerse © cocoate Corn meal, ae Baltimore 400 t. o, Caloric. 8 Pr pcneon 0 0 f. oO. heat was dull arid te. a 2c. lower, closing Romfaal fee 56 a $1.67 for Chicago and $1 58a $1 80 for Milwauk The sales were about 60, bushels, at 81 car a $ Bor rejected and No, S Spring, $1 65.4 81 36 for ordl- nai for inferior tu prime red Vinten, $1 a by for ainber, $1 75 a $2 02 nomi- ally: for white ” wheat, Corh was active | and Geeitedly higher, closing at Otger bid “tor sine, ‘The sales (part last evening) were shout 10,000 bi GAlgc. a G3gc. for prime mixed, 66e. for ye! esters winite, 70: for mixed deliver ab yomper, Oats were firm for old and rather Tho ules wore, about O00) bushels, at 40o. a 42!4c. for Diack MM RRO ‘se, be for old and i new white Western, on the track; 47. a 48¢. for Western and No. 2 Chicago, in store, cl singe quick, Uae fem. Barley aud rye were auiet and nominal, in he absence of salex, Freaurs.—Traniactions to-day in berth freights have boon only moderate and tates steady, excepting for room for grain, on which rates were a shai r. ‘The char- tering business continned fair, chiefly {or vessels. for the grain and petrolcum trade, with rates ruling firm. 4h> engagements wert 0 mo bush- a 2s 2 els grain at 10!4d- aly j 39 500 boxes cheese, 453. a: S PReY johns at former Fates; and by rail, ps usb ral at Siqd. a 10d. The chartors include & Norwegian bark, 8300 quarters grain fo, Cork, for orders, as a Norwegian bark, uarters » same ‘Voyage and rate; au Fiatlan bark trocharteted). A500 guketors rain chnee voyane and rac; a Ooloniel bark, 400 quarters grain, to adirect Irish port, 8s.; two Italian barks (to arrive), 3,00) and 3,600 quarters ‘grain, to Cork for orders, at 7s. 6d. &, respectively ; an American bark, hence to Bilbo bb's. refined Petroreum, Teported’ at 8a; an Ai bark, from Pilndelphia to Cork for orders to (he United Ingitom, 2°34) bbls. of refined American bai ‘toro @ Continental port, Noid bile of Fenned dent 2 British bark, from do. to Continental port, 8,400 do. at 6s. Gowxtcs.—The slemand still continued. very moderate, and principally for domestic coth. Pricds were un changed, but more or les nominal. Bags were dull, Wo by 8 of 25) rolls of domestic cloth ai 14°., quoted at gf He for Kast India. Bags quowd at Me, light on’ axp Jore.—The ‘emp fro 78. market remained quie but we learn of no change in prices. Maniia quoted a Wig, gold, ute sold in mall lots at Sten ken wots ry butts have been quiet, but about steady, quoted at gc. a 2i4e., curre HAY an Steaw.—There has been a stendy fair demand for both shipping and retail qualities of hay, and prices Show no essential change, Straw was uncharged in price and qiuiets We ie: Shinging a) hay, $1 a $1 05; retail a ies, $1.35 a lower, 75. a 85 rye straw, $1 its ‘phortdo., on the 9s al, Hors.—There has been but little doing in this prance ot trade since onr last report, and prices are somewhat ir- regular, There isa acca oars, eet bat there is no deman’ of conseque: ie Momé ent. Movasses.: sri hong quiet and Rpetisvect tor all deserip- tions. We quo’ 7 New Crop, ba—Centri vesand mises OR 200. Opera Rte. a Be. Ti We, vat Sronsa-—tiie market for spirits tar eating was a shade easier and the demand was only mi 1 Ss) bbls, at Ole. n 2c, closing rather weak nt i Rosi was in active demand and again firmer. The «ales toxlay pare heen, 2,000 bbis. of strained BA $4 35; 1,000 Poe of do. 78 bbls. of Nos, Land. 2at $4.55. $4 70, and 250 foe of pale at$i 2d a $4 w. Tar and pitch were quiet and unchanged. O1ts,—There has been a_ moderate hueiness consumma- ted in linsecd, also rather more doing in Mie) and sperm oil. ‘Menhaden was scarce and in demand, with prices a lc Inseller's favor. We quote :—Linséed trom erush- in casks: crude northern wha’e, ee. ; crude sperm, $1.35: natntal Winter do. 60, anid bleached do., $1 62 a dil, ao. a 48. for selected Mgnt, ai de cottonseed, 46. a For refined the market remained ver: dull and entirely nominal, quoted at %'gc, Crate in bull ‘wae quiet, yet hero was more ink ageiry. Sales were re- ported f 2,009 bbis. (a) reste! day) at W%c., and a rumored sale to- ¥ (4 ely ot mentioned) ‘at, Il Closing nominally at thatpric Gases were, firm a zac. " Naphiha was also Bio, a ie was nal Ne the abeence of transactions, “At the Gree market remained dull, bat no further change in prices wae, Teporieds quoted ab 988.8 #8" on both Toads. The Philadelphia market continued dull and entirely nominal; Fefined quoted at Zi4¢c, Sales were reported of 1,600 bis. Of high test, for promipt delivery, Provisions.—Kece ipts- Ages; cut meats, 276 « vege. The market for i There was no giving away in till continues ver: ices and no disp: buy at present figures, “Quoted nominally at $14 15 for Feinat jer of month or October, bing Ie igs 9 about ents a si Bacon $00 bbls. of mess changed hand ‘was quietand somewhat easier for cash jarcels, rant 100 boxes city, long cloar, at BC. Short clear oe e., cash, Dreseed Hoge Ly et was dull or grat hogs, and age ad a. Dern fed were in good demand. gud. firm “at éye. am Te, for the a Boot eonti tines agit and une! t $8 taees Horses and S170 800004 indi, ay iE game mess ti aad a a me 5 were a jet and steady Cut meats were like- iiss a init af Jb pring tf trade, which ro- wi ized ra rricee * eed bellies, ae th Sigc.3 do. faim tora fates dos ihoulaern, Te Ac. and dry jams, 1c. i ore, BN Lard—the tharket {or taited shoulders, Bice. eaonitie die Western remained ver; ule There oaition shown to very ‘ALany price; quoted at9 1-16e, a K ¢. for spot or month, with sales reported ot 100 tlerces higher price., CY Iard was weak at 8c; sales Tio derces indluding a sigall lot of very choice Acie ‘at Ace. —The market stil amained quict ht steady, The were about rees Carolina, at BYyc seeta bees Pama at it 73qe., and 125 bags Rangoon at Be ks wie. —The market for raw still remained quiet, Re- finers are pretty well supplied and show t little dis: position to operate at present perce rut holders remain Dem ana prices are unchanged. We hear of sates of 19 67 hhds. fair do. f good reiini at Kc. m Baer, 85 Minds. of MBgree roy or ativace torrtic: teh Tear Marionibo at Size and 130) boxes of coatritugal at at tutte! 0 ‘ ()() 10 LOAN-ON MORTGAGE, IN| BU Weak. We quowe scuba: Hentig. in eet atemincay | POO to suite or will buy First’ Mortgage 7\e. Teens tir to rood MeN D! Gc. O Dec. | grocery, lair To gous. oe ay eh ge Se cn 1 et ane es ‘d0., 19 to ae eos ci ae Pe No ex} eee sat ie 4 Pees 8 Ke. 7 raained ig hn note vast ac ‘at I6c. esa Moonee Sabeat den Wise ae of On nitinued a. be! gia market fe ee Hs Havana 328 Ubi. 7 moderately mien firm. irk, “Babes; DOMESTIO MARKETS, Weekly—Net recel nA ibe, 288 ce art iat be Cyr opt a a Great tton easier, in fair Perse ra ee eae Sa we? bitte reel i | | | oe 1840. @ middling [in ta is sen” poor Ra 1,108) coastwise, 1,085" Sales, 1 pone yas 20, 1872, and; buy 5 a in ni me demand yore ince unfav. 0 aoe dud ee ui yorabe fepor a arta qocel a Exports coastwise, 616. Sal es i, tock receipts, 3,752. Exports doast) prefers A, Bont 29, Cotton dull; middlings, 178%0.1 good ordinary, 10 ee Ha iow ical 0a8 balex = Soastwise 14 Siook, 10212 © Weekiy>Net receipts, 12,782." sapere coartwiee, 5 co adar, ite of turpentine let nt B56, wea Sitters wala; fue or pale see $4.75 tor low pale ai Gniek ae sia for ‘i hard, $9 {or ye nie iran ai teecte . LL, Be} 1872, Tobacco fairly actives sales 62 ai ec rio pittee got a aed saig 10 50. OE extra. Want an at Re extra wi Milwaukoo club at $1 6) a $1 62. bt Barley unchanged Ci oa anada at $f ea ce sc fasts any, ong oa, 000 is 8,200 do, air ark ,000 CA Rs Lake tny ries a daca a ae Dashes rf gorn, 120,900 do. ; o@ + Darley iD io.» Ganat shipmenta-Whe els; corns 200,797 do. ont do. at” ane ments tors—Wheat, I yushels; do. ; barley, 6,900 do. : ry sho nto, ‘Canal to | ge.. corn'Ile,, oats 70, 38 7 $0; bakers’, $3 a $8 10; amber, a $8 9 50. bogie SH Mey juiet; sales 8,000 $190, iilwcnkan gt es fit Spring Le, higher ri sales mG Sasi ate fo, Outs tives 100 bushels" Westers at Sie. Oraer onic Curcago, Se Fiour firm and scarce; Minnesota 8p1 mt ea iq a at 2. Fin eee dull and lower fore cal tember, $118, Sotoler per, $1 18; October, $1 ic. ry sh, cash; mt ore, Teleried, igo. Oats samy ex barley dull and om er No 3 Pail, 6d.) | unchanged yea sts He ey po oa : a but bs a mal No. 2 ‘at 57c. and 57! Pork dull a1 ber. Lard—An advance t ‘as Winter, 940. bid, 9 jammer, $0 Bendy "shsuiders, der a exer Bacon unchanged ae quiet. cep ak lchts—an advance usked,, bat 8 Bh to Buttaig he Ma flow, Loicg00 Hig ees don corneas antS. © bbe it, yee bushels wheat 62,000 do. bare ments—4,000 bbls. flour, els wheat, 158,000 do. corn, 99,000 do. oats, 9,000’ do, TYey, 12,000 do. barley. OOTTON RECEIPTS, The following shows the total net receipts of cow) ton since September 1, 1872:— ae Galveston New Orleans. Mobile. EUROPEAN MAI MARKETS. Loxpon Morry Marxet.—Lonpon, Sept. 20-8 P.M. Consols closed at $234 for money and baie for United States five-twenty bonds, 1965's, old, 8194 we Hore, Sais ten-forties, 87}g, new fives, 89. Erie Rail way share bg Bounse.—Pants, Sept. 20—P. M.—Rentes closed at $4 francs and 47 centimes, 1 Lavguroot Corton, Maier. —Tarmrroat, Sept, 20-8.’ Biadiing Orient ocd. “the sales ot the dey havea mu ims rl cans, he sales of the jave heen 10,00 bak ales, inclu ing 3 4,000 for export and ay | The shipments ot eotton from Bombay siuco ort to the 20th inst. have been ales, hie week have beer 6300) bales, ine Le se 17,000, ex-' stock in port is Toga The receipts of the portand 4 up on speculation. ae, including Amerteatl, ie ia FE 1hON bales The nook at sea bo an clual export, ales. The stock at sea boun a ales, eluding 4000 American, Onan ae Mancuxsten.—LiveRroot, market for yarns and fabrics at ‘Manchester [y" aaity Tat ices are not quotably lower. 001 BREADSTUrrs MARKET.—LtvERPOOL, Sent, The receipts of corn at this port for the’ ree days have been 25, artors, including 10,0) an. ‘The. receipts of wheat “for ie past three di peer «4,000 quarters, tneludin: Bohm athe mare mar- ket is Ww $d. a 18s. 6a, for, California whites tes. 3d. whadet i “toe red Western Spring, and 12s, 4d. for red Winter, Corn, 298 4, 9 20, 64 per quarter, “Flour Sle per, bhi canal. Peas, 39s. 6d. per ‘anor for Canadian, yEnrgot. Pronuce Manxer.-Livanroot, Sept, SPM Est hetrolenm 151, per gallon, Loxbon Propuck Maxnet—Lowbox, Sept 20.-Sagar—/ & Ste, er owt. for No. 12 Dute the shat aa Rod. a 288. for do, afloat. ‘Caloutta line a 64s. Spirits ile tutpentine, 45s. 6d. a 468. por Ewe Whale oily £88 per ton. oo FINAN A PLANTIC SAVINGS ‘BAN: 135 CHATHAM SQUARES FAN 62 NEW BOWER: Money deposited 2 i aw October 1 will receive in- — terest as from that di j Lent my will be computed monthly on sums of $2 andi upw A. GENTLEMAN WITH A SICK WIFE AND FOUR | helpless children, who lost ail by fire and ig totally destitute, bogs to ask some-indy or yentoman to malse him with a sinall loan to commence business; first lass references, Address T. J., Herald office. AT RRASONABLE RATES-MONEY ON UIFR AND! | Endowment Insurance Policies; also on Bonds ey | Mortgazes; Insurances of all kinds tad ed with best companies, . HARBRICH & CO., 119 Broadway. GUARANTEED 3 BONDS, PAYABLE IN NEW YORK X city, for sale, at prices that will pay over 12 per\ the fimourt invested 8, P, ELLIS & CO., Bankers, 14 Pine street, rg AND TRADERS! SAVING oe 2% Bowery, near gp Honston stree Open daily from 10° A. 3PM Sau on Monde; ant Wolpasiays frow Jb: fe begenes mando mer on October 1 will draw Interest from Ist oeerer ALFRED T. CONKLIN, Sent on, Henry C. Fisier, » Secretary. N WW YORK LOAN AND INDEMNITY COMPANY, 229 Broadway, corner of Barclay street, New York. AUTHORIZED ‘CAPITAL, ‘$1,000,000 PRR tt el talists and the business public.” Subscription books wiN be opened on MONDAY, SEPTEMBER 2, atthe banking house of tho as above, and at the National Park ‘The charter of this Corporation is unusually ther: authorizing (he transaction of a ‘g “a GENERAL BANKING BUSINESS, Wns that ustiatly carried on by Trast, Safe Deposit ere 9s sats we A y Trast, Safe Deposit ation of the Board ea] be effected shall have been subscribed. SEL } Committee. Permanent org: when the full cap! GE MoRINNEY “ALL, KINDS IF PERFECT; TARO. j St: wo Documents, such as Checks, Stock aud other Ce at iow at Insnrance Policies, &c.: Mutilated Currene (at low rates) bo: by RACAL arma SUMS TO LOAN—ON gage, in New York and Brook’ Iso to purchase Second Nortgages. Owners may call nt ‘at 5i Wall street, ‘Wnt 9 Stal gt cota of Laight, and 398 Canal street, coi x Per Cent Ln orca on 85 to $5,008 Mone; det ponited » now Will bear interest from Oct, 1, y dep acta, Bl a) 8s, 1ED-—ON FIRST CLASS PROPERTY $3. 000 8A at Kinga nd Manor.” adioining Ruther fied ‘Park, Ww eee om ‘ork 5 worth doubte the amoutl AML erg pe 00, Ee orteay Ivo money How aid to oot Secu fr ny RATEIN, se i 5 Bi ew York Sop ON iat PXent, 39 Brondway. $8. 8.00) TO LOAN—FIRST MORTGAGE ON Goon larger sums, city property only; trust mon a: ED, Boor, io Mine street. dncipals only. sia a DOTY, Attorney, 23 Union somare-