The New York Herald Newspaper, October 3, 1872, Page 5

FINANCIAL AND COMMERCIAL. The Wall Street Markets Besieged by the Cliques. —_ +—__— ‘THE SECRETARY OF THE TREASURY AGAIN He Seeks to Undo Their Work by Re- leasing Government Money. Purchase of Three Millions of Five-Twenties. Preparations to Checkmate the Treasury Gold Sales To-Day. STOCKS LOWER AT THE CLOSE yoann Clique Tergiversation in Pa- cific Mail. A Lively Advance in Boston, Hartford and Erie and Wells-Pargo, THE WABASH RAILROAD ELEOTION. WALL Street, WEDNESDAY, Oct. 2—6 P. M. @n 'Ohange to-day cotton was in good demand and firmer. Flour was steady. Wheat was irregu- Jar; easy for inferior and steady for prime. Corn ‘Was lower. COMPARISON OF THE EXPORTS, The following shows the exports, exclusive of @peele, from New York to foreign ports, for the week ending October1 and since the beginning of the year: 1870, 1871. 1872, For the week.. $3,257,780 $5,558,596 $4,716,428 Prey. reported, 133,724,800 172,680,653 100,640,895 Bince Jan. 1..$136,984,679 $178,2: 248,249 $171,363,333 THE TREASURY PURCHASE OF BONDS. There wore fourteen proposals to sell bonds to the government, embracing offerings amounting to $3,168,100, at prices ranging from 111.49 to 113,37. The Treasury accepted three millions at prices ranging from 111.49 to 112.25. The extra purchase occasioned a great deal of DISSATISFACTION and unfavorable comment, especially as one house succeeded in selling a million at a large advance upon the other prices, which fact started a sus- Picion that Mr. Boutwells intentions were known to the firm beforehand, or that he had made the award as they suggested. MONEY STRINGENT. ‘The gold clique concentrated their operations to- ay upon the money market, which they kept ac- tive and stringent to the close. “The close’? has become a very indefinite expression of late, although, strictly speaking, it is three o’clock, the hour when the banks are sapposed to end their business, Recently, with the excitement and ac- tivity in money, accounts are suffered to remain open a half to three-quarters of an hour beyond Ume. The lowest rate was 1- -82—equivalent to 11 per cent—and the highest +4 per cent, ‘which was exceptional, and paid only ih @ hurry by one or two a who became = HARMED oo cea Sin. ee thee BS as te “bia at the Board. ‘After the bond awards some of the German bankers, who had money coming from the Sub- ‘Trea: ny; Joaned it in advance, breaking the rate to 1-32 again. For a time it looked as if the government money would overwhelm the efforts of the clique, but as only $800,000 of the $3,000,000 of bonds were Pent in this afternoon they soon got control of the ‘market again and cidsed the rate at 1-32 and 7 per vent, equivalent to about 18 per cent por annum. The Treasury will pay all greenbacks for the bonas bought to-aay. Mercantile paper was neglected ane without reliable quotation. FOREIGN EXCIANGE gt weak and lower, the prime bankers reducing the rates for sterling another +s percent. Prime wixty-day bills in London sold at 107 for cash, gold, The following shows the range of the nominal quotations:—Sterling, sixty days, com- | mercial, 10634 a 107; do., good to prime bankers’, 107% a 10734; do., siort sight, 1083; a 1085; Paris, sixty days, 6.4114 a 5.36/¢; do., short sight, 5.323, a 8.3154; Prussian thalers, 7014 a 7134; Antwerp, 5.3714 ®@ 5.30; Switzerland, 5.364 @ 6.30; Hamburg, 35a B53 5 Amsterdam, 8934 a 89% ; Frankfort, 40% 840% 5 3 eee 93), a 04x, GOVERNMENTS RAMPANT, ,~ ‘tho government market opengd Very dull and prices were about steady With almost nothing doing at the early Doards, After the announce- ment that govérfiment had accepted three mil- Yions at the Sub-Treasury the market advancea quite suddenly, and was strengthened in its im- provement by a recovery and advance in gold and arise Of 3¢ a 34 per cent in the THE LONDON MARKET, ‘where securities generally have been strong to-day, fm consequence of an easier feeling in money, coupled with the certainty that any alteration, if any, of the bank rate to-morrow will be a reduction ofit, The following were the closing quotations, currency sixes being exceptionally weak, with sales at 111% and arccovery to 112:—United States cur- rency sixes, 1117¢ 112%; do., 1881, registered, 114 a 11434; do., do., do., coupon, 116 a 116 ; do. five-twen- ties, registered, May and November, ex int., 112 a | 11244 ; do. do., 1862, coupon, do., 11534 81153 ; do, 46., 1864, do., do., 11544 a 115%; do, do., 1866, 46., do., 534 & 116; do. do., 1867's, registered, Sénuary and July, 114% @ 11434; do. do., 1966, coupon, do., 1144 a 11456; do. do., 1867, do., do, 11434 @ 114%; do. do., 1868, do., do., 114% @ 11454; do. ten-forties, regis- tered, 108 a 108%; do, do., coupon, 103 a 10834; do. fives, 1881, registered, 110) @ 111; do. do, do. coupon, 0% a1, wy GOLD UNSETTLED—114j A 119% a 114, The gold market was unsettled, owing to the fevious movements and changing tactics of The clique. With the crsh gold in their posacs- sion they put the borrowing rate early in the day to one-hals ‘per cent for the Clearing House, and, under Gover of this Bcarcity, sold freely, causing a fleclprxe from 114% to 113%. Next they restored the ed-up gold to the Clearing House, and by making cagh gold heavy they both operated against the money market and enabled their buying back their gold, preparatory to assuming the de- fensive against whatever Mr. Boutwell may do to- ‘morrow in the matter of selling gold. The Sub- Treasury pald out $52,000 on account of interest pnd $17,000 on account of redeemed five-twentics, ie ve COURSE OF TNE MARKET te shown in the following table of the chief fuctua- tions of the day:— 1:14 My M. 2PM 3PM ear P.M H P. Mo... 1144 @ Ld In the ‘gold joan market the rates ranged from % per cent per day for borrowing to 7 per sent per annum for carrying. The operations of the Gold Exchange Bank were as follows :—~ Gold balane Currency bai ti ‘ ee 4,047,972 THE RAILROAD BONDS, The following were the bids for the ratiroad onds:— ew York Ce Hen & 8tJo, 1g. lew York Gen tn, re. Han & #1 J, con, ww York Con 0’, sub,. S646 Del, Lack & Wisi in, oa 00 she meron Un Tel whW YORK HERALD, THURSDAY, OCTOBER 3, 1872—TRIPLE SHKEr, ae 2288 BP Be Reaae ‘ meee. Pr 2 cra Se ae it se =, saaest 2° 2} Sop! 1! cs << $3 100 bg rf 98 8 £00 200 00 32 eee Fs Pa Sentssaseseesss: o ti = = N aS Be aN avenge .% bed Pauls zt Minh "st mi. 8134 THR CITY BANK STOCKS. ‘The following were the bids for the city bank shares:—New York, 132; Manhattan, 150; City, 255; Phenix, 101; Tradesmen's, 148; State of New York, 111; American Exchange, 114; Chatham, 160; Hano- ver, 90; Irving, 127; Metropolitan, 134; Citizens’, 185; Market, 125; Nassau, 10714; Shoe and Leather, 160; Corn Exchange, 127; Continental, 0134; Marine, 165; Commonwealth, 84; Manufacturers and Mer- chants’, 100; New York National Exchange, 97; Central National, 100; Fourth National, 111; Tenth National, 80; Oriental, 170; Bankers and Brokers’ Association, 80; German American, 103, SOUTHERN SECURITIES HEAVY. The Sonthern State bomds were generally heavy, a8 a consequence of the stringency in the money market, and actual business was at a little Mne in prices, The Tenneasees were fairly active at 324. The Missouri sixes sold at 92, The following were the closing prices :—Tennessee, ex coupon, 72% a 73; do., new, 72% a 73; Virginia, ex coupon, 44)¢ a 60; do,, registered stock, old, 37 a 40; do, sixes, consolidated bonds, 503, a 51; de., sixes, deferred scrip, 15a 16; Georgia sixes, 70a 71; do. sevens, 86 a 88; North Carolina, ex coupon, 81 a 34; do., to North Carolina Railroad, 44 47; do., funding, 1580, 22 a 25; do. do., 1868, 20 a 23; do., new, 19 @ 21; do, special tax, 10 a 14; Missouri sixes, 92'{ 2 9234; do., Hannibal and St, Joseph Railroad, 89'; a 9044 ; Louisiana sixes, 50a 58; do., new, 49.65; do. levee sixes, 50 a 65; do. do. eights, 70a 75; do, do. do., 1875, 70 a 75; Alabama fives, 67 a 62; do. eights, 80a 84; South Carolina sixes, 400 56; do., Dew, January and July, 231; 2 24% 3 do. do., April and October, 24a 26; Arkansas sixes, funded, 48 a 50. STOCKS UNSETTLED AND IRREGULAR, The stock market was unsettled, in sympathy with the fluctuations in the money market and the changing fortunes ef the speculation in Pacific Mail, which stock, as the latest bone of contention between the rival cliques, has become a leader in indicating the course of prices generally. Pacific Mail was weak at the first board in conseqnence of @ pressure to sell by parties who had early word from San Francisco of the confirmation of the loss ofthe steamer America at Yokohama, in pretty much the manner already given in the cable messages to the HERALD, Meantime a branch of TNE BEAR CLIQUE, who had lost courage in the movement to depress the stock market, had invited a settlement with the “bull” pool, but were repulsed with the infor- mation that the latter had no stock tosell, After considerable hesitation they decided to cover, and their purchases for that object caused a rise in the stock in the afternoon to 773g, Ata still later hour and close upon the time for adjournment .the oxt- siders got the news of the certain loss of the America, and with it astory that much uneasiness was felt because another STEAMER WAS OVERDUR. In the depression thus created the stock fell off to 7634, the simultaneous triumph of the clique in keeping money stringent to the wind-up ef business on the sidewalk alding a general downward move- ment in the closing quarter hour of the board. Erie was exceptionally strong at this period and rose to 4834, The other leading features of the day were West- ern Union Telegraph and Boston, flartford and Erie, the latter rising 114 per cent to 814 (although clos- ing at 8) in consequence of the reported struggle of the Vanderbilt, Erie and Hudson Canal interests to get possession of the road. Western Union rose to 71}, but fell back to 70% at the close, in sym- pathy with the general tendency of prices at that time. Otherwise the changes were not of note, med sd im oe and the. p pusiness iS ie day light. The annual | 0 election of t e. we Pe TOLEDO, winthh eSTERN Railroad Company at Toledo this afternoon r¢- gulted in the choice of the following diréétors, of whom eight at least are fully identified with the interest of the Canada Southern Railroad, while the Lake Shore party are represented by hardly more than four of the remainder :— Daniel Drew, Azariah Boody, Horace F. Clark, Milton Courtrignt, Alexander M. White, Augustus Schell, John F. Tracy, Isaac H. Knox, Sidney Dillon, A.B, Baylis, David Dows, George Cecil, Kenyon Cox, 3.8. Casement and John Ross, Up to the close of business in Wall atreet no re- port had been received of the organization of the new board, but the presidency will doubtless go to Daniel Drew. The earnings of the St. Louis and Iron Mountain Railroad for the third week in September were $53,270—an increase of $16,253 over last year. Wells-Fargo Express shares were strong and ad- vanced to 89. The Baltimore and Ohio Railroad Company have brought out a loan in London for $5,000,000, being half the amount authorized by re- cent action of the directors, HIGHEST AND LOWEST PRICES. ..--. The following table shows the highest and lowest prices of the principal stocks during the day:— Highest, Lovest. how York Central. e & mR Western Union Telegraph. Pacific MBllssssssseessessegeene SALES AT THE NEW YORE YORE aTOGK ‘EXOHANGE, Wrilnesday, Oct, 2=10:15 A. M. $1000 0 US 80, ©, 65, n,. 113% 10 A. M.—Before Call. 1000 esigearayay eags72 SESES= = SSESES eez¢ 2 SE 2335 S523 assesses eee eee ere SRVSq: 76 6 i fat fi 76% ij ioe 7 Bia 7 J6'q 600 do. 7 : iit ie Ohio ‘ie Miss KR... Bs | HE 0, c& 16 1% “First Board=10130 A. M. 200 shs Pac M 88 Co. . ¢ 6 600 do. ° 0 Ry son ve Os, ty oe 25000 Missour: i Union Pac Ist ni. uh 200 re Sas SSF SE. at by 1000 NV Con tet m,n. 10246 700 1700) Ohio & Madm.xi 86" 100 000 MUL ARUP Ist... 923g 800 400) Me StP. oe 00 WHC Cal Aa tn 50) 100 By H&B lst in 2000, Bur. CR&AM oy 70) ae Tw Cen Pac cold,b... 99 500 s 7 she Bk ot Com'ee.. 7. 1600 continental Bank. 914 7 CoN YC Ds ha Western Un 4 u 22. ait a SF72E2e aa 10 pore WO & Pitts. gid...be aeegie 5 E 2 S ates "the tales since our last aya St rie, all kinds, ver ae ay $8: SESSSEES: a6 af 8 7 Baty ramet H 100} 5 Round hoop Onto, f Famit 0 SETSABSSESESSEESESES! ens and 2:15 P. M. 115% $29000 UB 5.20, ¢, ry 1000 US 5-3, ¢, 168. 3 6000 a. foot! 2] wn eee up Wino Us 5a. ry 165, 10000 U: Eee C he 2000 US 5-: 500 2h US On, cur. 12130 P, M.—Before 100 shs Erie RR. 2200 shs Pac M SS Co. pa do: as the high rates asked, Sehoy. to check transagtions, was fal ‘ern nt | The engagements were a Liverpool, by ? accommodation for grain, bi focomimioat @ uit tho asking rate was 400 di 60 LS 4 M8 RR. 100 do $9000 Tenn 6's, old. 3000 mu NY Lie he cotton, at 9-16e, or dd. ; an Arg C harleston to Liverpool, full a 5000 Un Pac 100 shs_ Mar Min pf. 50 Nou ean bo is en stat SERSSi br ri quote :— de 100 i 8 ape Co. CobaOentrifigal and mixed ibe! layed = Muscovado, groc Porto itleg S55; 100 B, “t SERR,. % Setoter and {, but not authenticated. Crude in balk was also more SReeee =P = at 12%. aud the remainder at half of October at 13'4¢., closing with fellers ankiny Ie and bugers bidding ‘Yse. Tot quotably hi No sale ried, not quotal pigher. "No aul cre Te but there why considerable, inqui ree "abo mee 3 Reswenses Re 100 30 stan & i i RR.be S SUM, K& TR 2:30 eg 4 Pp M. a % nd 4 00 shs Pac M880 8) bole of Wentern told tate te yesterday at ee : vay 100 Mil€ St Paul quoted at about IS, a 1s'ge. r ket v 100 U8 Ex Co, lower road, and at Oi City $4 ket was décldedly higher. with considerable many Dut crs and no sellers: 230. was bid. for standard a tai ot ers last half of month, but that P heard of sales of from 5,000 to and 1,00 bbls. in New Tork: for 100 do. WNYC HRE 600 do, do. ; lard, 216 bbls. ‘and tlerces a for mess pork showed a trifle more ‘animation ap? and prices were @ shad ier. Sales were reported of 500 ee for October at $1 ieee 1,000 bbls. each bpeen and ibe ris oe: 00 SESTEESS SAAR AAR BR KERR 2 Eg iS sales were conaiuved chiefly to jobb former prices were realized ; quota market for Wester 2 SREB VAAe pat the mm ‘ket remained oe We hear of Western heat a g f 8346. 40 hd: a 9 Weller ix Ha fh at 944 O%e., 200 boxes’ do. at Un Ex. 63° “ COMMERCIAL REPORT. Cotton in Fair Demand find Firmer= Receipts at the Ports 8,833 Bales—Fiour Steady—W heat Irrcgular—Corn Lower— Oats Steady—Coffee Quiet—Spirits Tar- Firmer—Pork Firmer=Lard Lower—Petroleum Active and Higher—Whiskey Steady. Wrpxespay, Oct. 2—5 P. M. circles was scarcely so active to-day, yet @ fair business was consummated in most of the leading commodities, and generally at full prices, Dry goods were fairly active, though the auction rooms have ceased to be the great centre of attraction in this branch of trade. In breadstuffs there was a rather better iving way & trifle, while the upward tendency in the rates of freight was checked. this check prove temporary or otherwise will be a mat- ter of no little moment to shippers. The demand for Toom was about as active, but shippers determined to pay no more, if so much, as they paid yesterday. Corn ‘was lower, though a good business was done, and chiefly for export. Oats were stillin buyer's favor. The movement in provisions was still sluggish, but the pork market nevertheless ruled stronger. creased disposition on the part of sellers to realize. There continued a fair demand for cotton both for spot and fu- ture, and prices showed considerable improvement. thing special transpired in the grocery market; refiners of sugar are pretty well supplied and are looking for lots at easier prices; but there seems to be no disposition on the part of sellers to make concessions. cidedly more activity to-day and prices re taking advantage of the present offerings, expecting still higher prices, which Inevitably will follow as long as affairs continue in their present state at the creek. There w in maval stores, perticularly spirits slight advance on yesterday's prices was realized. Corree.—The general market remained quiet, but there steadier tone manifested. We learn of sales of 956 and $000 bags of Santos, ex Fi We quote :»—Rio, ord fair do, We. a 1ige.: Quict—Rosin The movement in trade ordinary, 16sec. Net receipts, 1,0) busines, holders Great Britain, 435; coastwise, 30. ‘Sales, 200. Stock, 14,964. ddlings, 17%. a 18e.; middliny ati Exports coastwise, 650. 0 Ral les, 600. higen) bas S12, Bates, 70) t. 2, 1872. Cotton qui sks: ood ordinary, I7c, & 17340; low. middling ge. alive) Aniddling, 17spe. Net recelpts, 1.343 bales. Exports —Te Ld Lh 113; Sales, 300. Stock, Lard was lower, with in” In the petroleum much more doing Md rosin, and a ee for Ko. Dye. for rejected. R; shane at ce for Xo. 2 Barley quiet and w $4 a sia 0 cash, $12 ribs, Adon @ $12 75 seller December | bage Rio, ex Merri vorite, both on private terms. cargoes, Ite, a Itige. 1ége. w WKe.; prime do, 1 9 days; Maracatbo, 15! St. Domingo, 19%. a Me. ; Jawa, 18% Cortox.—For cotton, on the spot, the demand was fair Patnre deliveries, under Loxpox Money Manxzt.—Lonnon, Oct, 2-5 P. M.— Congzols closed unchanged. America secuttieneKatht ig doing and prices nomin money a 92% for the ‘account, United States re atan Igc. per Ib. better pved demand, advanced an ‘ge. @ Ye. per Ib, with Sale bone The sales re ported. on ‘Change to-day V-Day. Last Bee'g. Total, Solay en eee Te a fair business. sum up as follows :— M. The ran eabt anehany pave rntion.. The market opened quiet gn stealy. a: per Lonpos, ngugee Mai Linseed oil an per wn Spirits turpentine, 43s. 6d. & 44s. per cwt toum closed buoyant at 51}sf, will draw interest from Octol | lows -~To Liverpool im | - zs fil Te Vinee, b reseed so Baltic ports, at The Novembe' in NT. ANDREW | BY, STOCK.—FOR BAL 9% The quotations are based on cotton io ant aay not “oY ged than half a grade above or below the oiprgom ap ORAur.— 1878) bash mag de 17,109 He a wheat, shola: corn, 128,400 do. ; corn, mei 3 barley, ur marks rated a qui it bt se sienity for ‘all ul grades at at the ogc bot tor shi nipping SSSESRESSASSSSSNTSSRssVsa Snpneeresrsenee Borcceh | SD col cococe’ PSencwrowe shade lower for good but for unsound “Sorte BIg ie i Chicago: 1°38 for Milya = Es, a8 ee 25 » £3 SB? SESSSSASSREASSRSSTSRTES i 64 arrive; $16) a. $i Ge. toarnves inter: $1 19 : by : ibe: for! amber; ‘choles white held-at 82 a $2 08 Gorn ‘as lo’ losin 3h $0 anol, ithe an posines une 22 3 are ES Py rc Same Mor iin uther Oat: ing but Closed more active . i ‘about, ‘atend about 113,000 bushels B8e. a 3 for estern; 38. ae stained white; 4c. a oe white, chiefly ‘at die. Fie ¢ ye j de. a tnd B00. tor old fancy ‘State’ wie Barley ani reinained inactive more or less nominal in the Absence of transactions, Paxicuts.—Berth room kn bs nin, tin request to-day, pecia’ uy in grain, had a ten- hartering business Ir for vessels for all purboren aud full former Faten ales cotton Wt 7-10d. a Bai cy . was bid for cd. cot els 4d, 300 ba Yonden Bite 000 bn To Antwerp, ackages of pro- |. To Rotterdam, an Hackages ilo. at charters include:—A Norwegian to oe rea otter 7 22,000 bushels wrath atl eats i Ho i dont ta Warters grain ‘at Ox talian bri ‘charth Roads for orders, 2100 quarters grain at IE or if direct Sd. off, 410 gratuity’ a Brithsh bark (lo. arriv on the a British 0 ar ort inthe Cnived ‘Elogdou, ta o Barcelona, 1,400 bbls, reflied troloum, 6s, 6d.; a Brit: ish brig hence to Liverpool | 00) bois. naphtha, 7s, 64.5 0 lean quarters grain, to Cork for order 'e), 2, agarters grainto a air dia British brig hence nish brig, 165 tons, trom Kl xo of flour, at $1 73 per ond to Rio Grande, fui farieston or Savannah to Contin British park ‘from ASSES.—The market remained very auiet for Ge- ions, and without reported change in prices, We ft Orop, a— de. Navat Stores —There has been more demand tor spirits of peapenting to focday, rg 308 the market was firmer. We ote sal les of yeas at 66c., 25 onl and Witiskey bbls at Oe", nnd 58 New York bbleeat 6c... clos- ing firin, Rosin was alse in better demand and very firms 1,600 bbls, of strained sold at $4 50a 8, $4 15, 0 No, zat bog bola. do, at #4 75, and 100 bbls. No. 1 at $5, Finuained of Washington brought $3 ent 0 PrtRowr On ‘Change today the market for refined was decidedly more active and higher. Sales were made early of 5,000 bbls. for prom) livery at 25e.; lat S00 rable from the nh bbls. at 240. de j(ictiverable from the f0th to the 20th of dS) bbIs. of high test, also done early, at i, ales of standard white were’ announced at The market closed firm at tive and firmer. We hear livery, part of which was Se. ; also 1,000 bbls. for test tor prompt ‘deliver y guith. other ‘OR were ‘also timer it We — te Naphtha was in dem e creck the mal n nie upper Cet ee 3 upper and $9 95 0 20. ‘The ¥ lade tphi ain firmer, but tl 4 vance; quoted at eee we , which was the sate rumored VISIONS. —Receipts—Pork, ls ent ogee! 220 The market In Jobbing tof for extra Time a as quiet but firm. Bakes cee ton ‘lent at Sige, with that viee vn for Bes ani boxes short rib for at oe . heavy ae made dnty ins i sib'n i toe prises toes [oy ne UGAt. itt the Acinand wai ey moderate, ales do., part at private boxes, spans ehh W, ‘and. “480 ‘boxes, description. ‘not ive Yate terms. Beined was quiet, but previous figures, 0 Tere oe ja—itefining. Interior 0 common, 7340. To priine ier @wike. tetoceny. UF Raat prime, $¢0. 0 Yxe.; grocery, falr to good. 9746 prime to choice, nied N Oe. ay hh a ‘Mee. a 10igc. ;’ molasses, ‘ids, and othe fic. I ‘melado, 4igc. & 6: fc. Hava a Kos. 7 to 9, 15, 10c. & ae 7% . gc. 19 to Porto. *itico— grocer fair to sales 6 60 tierces of Carolina at 8%c are a) pecs Patua at 734c. a 8c., and 150 bags Rangoon ai TEARINE.—There were no sales eect to-day, and prices, In the absence of transactions, were entirely nominal. Tautow.—Prime thee were still scarce, and the ReiEss consequent! y, firm, Bales 190,000 Ibs.'at 9c. a Waiskey.—Receipts, 270 bbls, The market was active and steady, Sales 400 bbls. at 9c. Stock here Vctober 1 estimated at 9,071 bbis. DOMESTIO MAR MARKETS, Gatveston, Oct. 2, 1872. Cotton firm and in fair demand; offerings light; good 013 bales. Exports—To New Onveans, Oct. 2, 1872. 1esgo.s mi tint orainars “aig ixet cae i a 18%. ; mid¢ " e rods; 200. Sales, 5680. 8 tock, 4; Oct. 2, 1872. ton frm and in good demands ent ‘omeriagss tow ‘Net receipts, Savannan, Oct. Cotton firm and in good demand; middlings, 4, ¢ Xet receipts, 31H bales Baports coustwise. 19 Cnanteston, Oct. 2, 1 verpool, 2! comstwise, 1,117. Wituixcron, N. oa Get Spirits tury let aly at SAC. sin fii (or "ned, FN. dy 88-25 for low pale. Crude tur- stendine idem at $3 9 (or hard, $5 60 Tor yellow dip. aud virgin. Tar firm at $3 30. Lovrsvinir, ost 1872. Tobacco steady and unchanged; sales 64 hhdi % let_and unchanged. Pah i ai tower: and unchan oat du lower; Flour gule ged penn les of Spring at $1 salts ot Slee aicters No, Sao, ea orm dull ahd lower sales of , cash or seller October; 35c. a Feigoted, 88¢, Oats in far demand and ower at qui ic. for No. 2 all. Provisions quiet and u EUROPEAN MAl MARKETS, Lonsols epened at 92%; ten-t ; ke vty n-forties, 8734; 1. Corton Mani re —Lavraroo, Oct. 25 P. The sales of the da Ratan fackudhes R00 for exnort an 9} iddling Orleans, Set ‘4 mcanirorrs Manner. nab vestoor, Oct 2— —The market is firm. mroeh Teac Provisions Manger.—LivERroot, Oct, 2—1:30 eta, Paopuce hina et. —Livenroon, Oct. 2—Even- jng.—-Common rosin, 128. #128. 6d. per” ewe. Tallow, 44 —Loxnon, Oct. 2—Evening.— Perkoueom” Mannet.: a aerranr Oct. 2—P. M.—Petro- for fine pale At ‘AY JL DEPOSITS MADE ao On Bi ‘BEFORE October Third Avenue & corner Twent; vin " “pant, iat street,’ rd yr cent from fi i) 0 $8, pay 1D monoa’, Sec. dehy Pres't. it. 23, 1872, Iwrenest on City StocK.—The Interest ot ine. ‘ponds and o™ OF NEW YORK, DEPARTMENT OF TINANGS, Comrrnouuen’s Ori stock at Pe its and county of New York, due Novem- ber ill be paid on that fey, by the Chamberlain, in the New Court House, tra: see books will be c at from September 28 to GREEN, Comptroller, 20 SHAR! WEST SIDE Bank. Inquire of WM, ARRAS, 606 Sixth avenue, are FUNDS TO LOAN ON a york} revi roperty at seven per cent and 0 Fee eevee ot GS. DENNETH, No.9 Pine street rrr wousE or rIeR a ‘MATCH, Hassan 9 gizees, ith Savings Banks and amounts. We issue Certifica: ee and bearing interest in case of special de- We make comecsione, for merchants and others in all parts of the countr: ott for in ‘Snvestment Stocks ana Bonds executed at ‘xchange on commission for We deal in Government and other a class Bestyitios, omen A Contral Pacific and ceeenneans and Ohio Bonds. nel am ee nt of Cl enapaan and Ohio Bonds re- al in the hands of the Company will be di: posed of y aa af private sale, giving investors an opportunity ig 18 favorite security w ch ah mm terms Ww! ould nsure an an. savance Bog th nthe he corpplesion of the road and thor xchi ang. ifference nt boat twenty-five per cent may be ized shehiog Separate ome if Gaara centin exchan; Pacliice for these Bonds Per Cons eshanging Cena IRST AND SECOND MORTGAGES IN NEW YORK city cashed at reasonable raves. STERLING, . O. Attorney and Counsellor, 17) Broadway, room 10, OWES & MAOY, BANKERS. $9 WALL STREET, NEW York, offer thi nd same facilities to depositors as'incor- interest on daily balances at the rate of four pet cout Collections made: oa sae aout ten with immediate returns, Special attention paid to ch 8, Bonds, &c., for investors, ico Btor URRAY HILL BANK, Yorn, Sept, 24, 1872, The Directors of this bank kets thi ‘ared aividend of $¢ per stnre. payable a rr ibis oh dpctar 1872, | The transfer books will be closed from date to. Ist proximo. JAMES | STRIKER, Cashier, f | Mirae! AND TRADERS! SA SAVING INSTITU TION owery Dear gar Houston street. Open anugn cee 10°A. M. to 3 P.M. and on Mondays and Wednesdays from ry to 7, Deposity inade on or before October 19 will draw jee from Ist October. RED T, CONKLIN, President. Henny 0. Fisner, Searetary: rs depositing large pace OF UNITED STATES ASSISTANT TREAS urer, New Yorr, Oct. 2, 1872. three per cént temporary loan, certificates, issued under the acts of March 2, 1867,and July 25, 1868, that all such Certificates dated (rom October 1s ta to Getobor 1s, 13, of the denomination of $6,000. between te numbers {out thousand three hundred ad fitteon (4 #15), and four thou- sand five hundred and ginetyrone 4.23) Inclusive, and of the denomination of $10, tween the numbers sour thousand seven hundred and twenty (4,720) and four thousand seven hundred and seventy-five Hy el inctusive, will be paid Cupresentation at this oiige; and that trom and after the 30th ‘day ‘Of November, 1872, such certifleates will cease to bear interest, and will bo’ no loner avail- able as a portion of the lawtul_ money reserve any Na Honal Banking Association. THOMAS Witton Assistant Tr pasurer United Siates. -ANTED—$20,000 CASIT ON BAPE SI RC OND MOTI ‘age of first class clty property; liberal arrange: ments m ae with responsible arty. Address, appoinung interview, F. box 3,824 Post of tee. hak eg LOAN OF $6,000 OR $8,000 ON PROP- erty in city worth double the amount. asked; bondsmen aa Address B., Herald of WANTED FOR SIX MONTHS—LIBY interest. For an interview add ‘O88 $1,000 box 1% Herald Upto’ C. =I HAVE ABOUT $3,000 TO “LOAN, UPON $3.000- Real Estato First Mortgage (well sécured), or T would porchese A Mortgage for the above amount: Address J. B. JO) JONES, Brooklyn E Branch Herald o $5. 000 —SECOND MORTGAGE ON FIRST CL ‘e Clty ercperty for sale ; due in one ye: weal bonus offered.. Principals address R. A. €., Herald 510, 000, WANTED—ON SECOND MORTGAG or a good Second Mortage, having abou hiee years to run, will be sold. Capitalists having fun oiuvest can ‘state terme. Address, Mr, SHOWS are io 8, Browu, 181 Broadway, (0) WANTED—ON WELL-IMPROVED PROP. erty in New York city; value $110,009; no bonus and no brokers. Address MONEY, Herald attice. st class Property. _ roadway, TO LOAN IN SUMS ¢ 00) UP. $250.00: wards on Now York city fant je Improved Property: principals only apply, a AYES & SONS, dar street. $400), 00 TO “LOAN—IN sUMS “TO SUIT, ON Improved Westchester or Cit eat state ; 0 bonus required. OWL Montauk insurance $750.00 50. 000 | zo TOAN OX nero} HD New J and Westchester natty, ae ta only ‘need app! with papers, to E, M. MASON, No, I Chambers sitcet. _SOPARTNERSHIPS, EW YORK, OCTOBER 1, 1872.—THE COPARTNER. ship heretofore existing under the firm name of mee er Clark & Co. ig this wid Sele by mutual con- sent. bills due said firm lectad and paid by CLAN REN Weguuny,” TWithial EW YORK, OCTOBER 1, 1872—THE ABOVE BUSL- ness will’ hereafter be conducted der the firm name iY reer Lanphear & Co. JOS! WOULLEY, CLARK T, LANPHEAR, ALVAH W. HA EW Y ‘ORK, OCTOBER 1, 1872.—THE COPARTNER- bhp erctafore, existinc between Anthony J Wou. dra and Oswald :cholz, under, tho namo, and ndra & dissolved “iy tual consent; both Hy firme nase in liquidation, All parties having any claim or demand against the said firm will please present the same for setilemen: at 403 Brom Wey tele ae a i. ness, BD) OsWal DS THE VERMONT CENTRAL RAILROAD. Mecting of the Stock and Bondholders President of the Road=The Floating Debt To Be Retired and the Company Converted Into a Corporate Organiza- tion. Boston, Oct. 2, 1872. The recent criticisms upon the management and condition of the Vermont and Canada and Ver- mont Central railroads resulted in a large meeting | in this city to-day of the stockholders and the first of the meeting were to meet the managers and trustees to hear what they had to say for them- selves and to take such action as might be re- were a few PEMALE STOOKHOLDERS, interest in the proceedings as the sex more accus- tomed to financial transactions. J, Gregory Smith, as President and Chief Manager of the roads, made a long statement in defence of the managers and in denial of the charges which have been jaade that he and others h. nanaged the property for their own benefit at a joss for the stockholders. He also gave a BRIEF MWistony of the roud in {ts relation to the security holders, and met and denied in regular order the various reflections of corruption which had been cast won the management concerning the statements tuat | the cars of the National Despatch Company and of | the Vermont Iron and Coal Company are owned by the trustees andl managers of the road, and by them hired for the road at an extraor- dinar’ rote, thus fleecing stockholders and enriching managers. Mr, Smith clatmed the road | was not in a condition to build these cars when required, hence: it was necessary they should be be furnished by outside parties. He also asserted they only litred these cara when all their own were employed, and that the road can pur- chage them at cost when able to do #0, ‘These con- tracts with the car companies, he further claimed, had been a source of profit, and not a loss, to the railroad company. e leasing of the New Lon- don and Sullivan road, the Manager claimed, was of vital importance for ‘the welfare of the Vermont Central, but he made no mention of the leasing of the © meh A Lake Champlain, the Ratiand or the Missiquoi roads, all of which, according to the Treasurer's accounts, have been operated at im. mense loss. The present floating debt of the Cen. tral and Canada roads is neariy three millions of pi and the disposition of this debt Mr. Smith led as the great question to be met in order to restore their credit. NOTES FOR TWO aILLION ae HUNDRED THOUSAND To provide for this auchority’ has been granted to the trustee: d managers to issue notes for oat interest, and con: hate the trust pro) Of this sum $700, tituting them a special len y and income of the road, to be deposited with the retiring the first equi ea loan for that amount, which matures in 1875, The balance ($1,800,000) credit, MR. SMITI CONTINURD:— plaving the road on the is 10 larg e and too important to estion of Mr. Smith and the other trustecs a COMMITTEE OF CONFEREN was LL a al representing the various securi- | ties, who will confer with the managers vypon the matter of forming a corporate body and report at a second meeting of the bond and stock holders to be held in this city next week, The committee C4 pointed consists of William Perkins and Lemue’ Shaw, of the Vermont and Canada se vend Edwin ©. Balicy, of the first mortgage bondhoiders, J. H. Converse, of the second mor | Lg he ‘o'same date were $1,349, 49 of debt above assets $1, ling ad,ourned with Apparent con | in the management of the road and ares | Of tte credit alter the payment Of sie debt and ite | | | OFwanizZalon ab @ Corporate body, Deposits saat on which. ve, hid rentrest at tho yeas ot tase per cent per annum. “Bpecial arrungements of Deposit available in all parts of Ty conformity with Instructions from the Seorctary of the Treasury, notice is hereby given to the holders of $100. 00 chy Peper: also mane to 8, O8 | in Boston Yesterday—Statement by the | and second mortgage bondholders. The purposes i garded safest for the present and future welfare of the parties interested. Probably not less than | higher than pawnbrokers gave, and the firm were f the va 3 | hot very particular in always fading out where the aceboy hg me bee eid seniphes| | valuables which they 1 money upon came froin. e r 2 nm: payable in thirty years, with cight per New England Trust Company for the purpose of The question — what pian can be adopted for me permanent footing to relieve it ofa trust management, and the managers would recommend some plan to place it under @ ed orate management, Felteving is property to | continued in| resent form of control. In accordance with @ riage bond- holders, and Irene Phillips, of the equipment bonds, Areport from the Treasurer of the road was also | which snowed that its floating debt to June 1, 1872, was $2,875,164 42. The availa. making 14 86, | Worth remained in the store, and thon turned He courted tor some tithe the wife of another, and sneceeded finally in making her leave her husband and fly away with him, the husband Conse! noting to adiveree, His own wile was left in misi only when he haa rot quite rea ly that other nlan’s wile andited to Canada. | pounced upo: about fittecn yea brusumaker in for some five y getting toe tile said about $30,00: imate busi: came too insign a lofty pretensions, His ambition was to shine in a» more ex tion In view he what money ho got together, some §: tered Wall stre¢i. To him the oper street were so many Steps in an unknown land. In theory he was an rl adr financier, and set out to put his theor! As usual with people who have an invet in their own id: ideas of others, Lagrave soon began to learp that his jmagininie were not all of them bi that, i was ‘speedily crumb), depths of “pats” and * aoe andthe mutierings of street, just me A SWINDLER’S CAREER, Arrest of the Confidence Operator Lagrave in France. The Story of His Crimes, from a Brushmaker tog Dry Goods Prince—His Wall Street Expe- riences—His Career as a Receiver of Stolen Goods—A Mon- umental Fraud. The cable brought the information yesterday that “a man named Lagrave, who is said to have de- frauded various New York merchants out of sums of money amounting in the aggregate to $600,000, had been arrested at Bagnéres de Luchon, in the Department of Garonne,” Both the name and the man are perfectly tamiliar to New Yorkers, Lagrave, during a career of about twenty years in this city, has been the most pertect confidence operator known in the annals of crime. Lagrave is an American, but belongs to a French family, which came to this country before the birth of this accomplished swindler, At present Lagrave. is @ man of ap- parently thirty-tive years of agé, and always dresses elegantly in the latest styles. He has @ rather pleasant and youthful face, and wears a long mustache mixed with gray. His hair is quite gray, though so young a man, and his manne”s are courteous and suava toa degree. Indeed, he pos- sessed all the requisites of an accomplished swine adler, and, withal, an air of such gentlemanly inter- est that our most prominent merchants, generally pretty shrewd and sharp men, were completely gulled by his pretensions and his elegance, though already bis crimes had been manilold when he began the opera tions which have led to his eap- ture. His family fe is a curious epitome of the cold calculating villain who sacrifices all to self-inter- est, He has been married three times, and dis- carded his first wife because he fell in love with @ second, who was supposed to have money, Inw ghort time he exhausted all mis OND WIFE'S DOWRY, is attention to getting a third, 'y behina, and still resides in this city. While he whe carry; ing on his intrigues in this direction he was at the same time operating in all manner of confidence games With the most unblushing eifrontery. 1b was 00K the ‘The detec- tives at the tine went after ia in hot pursuit, but as is usu: ith these gentlemen found not the slightest of him. Lagrave in the meantime no doubt w to Quebec and escaped across the Ocean in one of the Allen line of steamers to Eng- land. He then made his way across tle Channel into Mane and was, no doubt, (Q HS ILL-BaRNED MONEY in all the delights of the watering place of Bag: neres, when at length the otiicers of the law him when he least expected it. ‘ave began to be known In this city ago, when he had a business as. ari street. He continued in this ‘8 or so after, and neat little sum of inoncy—it is. When he obtaine: nsactions the bru: icimt a calling for Bugene Li t ted sphe and with this laudable inten- sd upon his business and with 1,000, he en- ions of the es in practice, rate faith xporienced sand spurn the more ed on fact— ed capital athomable ed, a food part of his hard. waWwayin the u “bulls? and “bears.” Eugene was always very smart, but he then made the fatal mistake which biers out of ten—that of ranning y—and this, no doubt, it was that proved the keynote of HIS AFVER TRIUMPHS in pursuits which were illegitimate au were vain, He, of course, lost the he had lost the first of it, he shoa’ ways that f wreck as it could be ossible to imagine. This mude him, no doubt, think it was impossi' go bi to the brust business, and the result of his thoughts was that ue foresaw there were ten ways of inaking money dishonestly to one of making it in the iawlul way of business. As after events proved, however, ho required an extensive prac | down swindl before he became a right up and He valued appearances and he | managed to keep them tp until the day ie left this dof his transactions burst like | city, when the a thunder clap | | who, it should be observed, manifested as lively an | | very, nic ‘ is to be disposed of for ‘the purpose of retiring the | floating debt of the trust with a restoration of ite he came in coptact with one Bi | valuable articles, suc! His While look posed to him to go into the loan bu The profits of the business, as shown by gan, seemed to Lagrave a jair ui lig compete: and he with the gentie an office on Broadwa “that loans would be made om all Kinds of collaterals.” ‘rhe principle of the bnsiness was to loan money on as diamonds, watches, &¢., nt per month tn time at the rate of fiv the case mig to ran, after ned, the articles k 1 steam engine pewralroKe: Me Bh the ady ec neing that the amount of money loaned was somewhat ‘The prot of these things is in the as is found by experience, that only about one articic inadozen is ever redecmed, For a time inatiers went on y with rave and he was beginning to everc losses Of his Wall strect ventures. forget But ILL, VORTUNE PURSUED IM, for one day Detective Hider calied 1ito_the office aud carried off Mr. Bill Grogan with hi ‘The charge made against him was that of receiving stolen Fors aud the case was clearly proved at the time, low Mr. Lagrave got out of this is still a mystery; but he was never arrested. Grogan shortly after Teappearted on the streets and went to work again with a will, Lagrave still being his partner in the business. “Aguin they were prosperous; again Grogan wa3 arrested and Lagrave, who protested his mnocence, was let go on promising to quit the | business, which he did. Mr. Grogan continued in 1, and ts in It fo this day, ‘fhe next heard of Lagrave was that he had nego- tiated a large joan with an assurance company on some bonds, Soine little time after these bonds were found to have been forged. Mr. Elder wae again called, from his previous knowledge of the gentle- man, and was put upon his track. Elder found him, and it would have gone very lard with bim had'he not DISGORGED THR MONRY he had borrowed. Thus the affair was hashed up, Shortly after Lagrave was arrested by the same | detective for having stolen bonds in his posses- sion, trying to negotiate them. Hereupon it | seemed inevitabie that things would go hard with him, but ge Out of the scrape by telling @ story. that he had picked them up jn @ water closet ia the Astor House, which, singularly enough, the Justice took as a suficient eXplanation of the case, and lagrave was discharged, But these matters sink into insignificance com- pared with Lagrave’s last achievement, and indeed which only could have suggested itself to a gentie- man of Lagrave’s peculiarly ingenious mind and bold daring. He hired a large store in Broadway and fitted it up ina gorgeous manner. He then went to Stew- art's and bought a bill of is, representin, Be selfas a newly established merchant, who a large Western trade and would bu; iquenvities, of goods, For these he paid cash, jis address, his perfect confidence and serene impudence, and the luct that the goods were not ote out of the city, INSPIRED CONFIDENCE, and when he re-entered the store a few days after. wards he found he could get ail the goods he wanted at six mouths, In this manner he went round to Clanin’s, Jaffray’s, S. B. Chitten- den’s and @ number of other dry goods houses and obtamed credit in the same manner, giving Ms note at six months | in each case. Just as soon as these s his store, they were sent out West to Chicago gad oner towns and there auctioned off. Week er week he would return tothe New York houses buy more goods, until in about five months he di run up an account of about $500,000 to $600,000. The very largeness of his purchases began to excit suspicion among the houses which sold him goods Pehey sent round and inquired of cach other the state of things in their respective houses, and then the disclosures were made that he pursued the same line of conduct everywhere. His store be. visited aud was found to be almost empty. In act THE GAME Was UP, When Lagrave went down town again he found he was not received in the same cordial man. | Ber of Ue before. He saw his trick was discovered And that very afternoon took flight for Canada. ‘That night detectives were sent to arrest him at his residence, 202 Sixth avenue, but they were too late. Of all the roperty he had received uot $6,000 On this charge Lagrave has been arrested in | France and the warrant of extradition is aireac in the hands of the French oifivers of the law, whic! must return bim to this counwy,