The New York Herald Newspaper, October 4, 1872, Page 8

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FINANCIAL AND COMMERCIAL. The Financial Situation as Affected by Political Developments. The Georgia Election and Its Suggestions. A DECLINE IN THE STOCK MARKET Advance of the Bank of England Rate of Discount. GOLD UP TO 115 14. Normal Influences Intensified by Clique Interference, oe THE MONEY MARKET STRINGENT. —_—- ‘The Inconsistent Relations of Gold and the Foreign Exchanges. Why the Bank of England Raises the Discount Rate. Food for Financial Philosophic Thought. WALL STRERT, TauRspay, Oct. 2-6 P, iu} @n Change to-day cotton was in good demand pnd an 3c. per pound better. Flour remained Bteady, while wheat and corn were rather easier, ‘but not quotably lower. Operations and business in the Wall street mar- Kets were guided from the outset by the sudden ‘Bews that THE BANK OF ENGLAND @irectors at their weekly meeting this forenoon Bad raised the minimum of the discount rate a further one-half per cent to 5 per cent, This ‘ection was explained in part by a subsequent able despatch stating that the bullion of the bank had undergone a farther decrease for the week of sever halfa million pounds, The raising of the rate wi discount is regarded as an anticipation and ‘preparation against the further export of specie from England, particularly in the direction of the Wnited States, our imports, large as they have ‘been, not having kept pace with the TRANSFER OF FOREIGN CAPITAL © this country, both in the banking business airectly and through the negotiation of American railway loans. The intelligence had at first little effect on gold, the market for which, while con- trolled by the clique operating, was inherently ‘Weak under its tendency to sympathize with the Jow rates for foreign exchange. The early effect in foreign exchange was to cause a little firmer feel- ng im sight bills, but otherwise quotations re- mained as before—viz., 10734 for PRIME STERLING, pixty days, and 103%¢ for sight bills, with a discount 80 large buyers of 3; a {per cent. Subsequently, when the gold clique renewed their operations in the gold loan market, and caused % per cent to be bid for the use of gold to-morrow, exchange broke down and was to be had at as low as 107 for sixty-day and 108% for sight bills of prime @rawers. These rates are pretty near the point which will allow of bringing specie from the other Bide. The effect of the advance of the Bank of Eng- Jand discount rate upon THE LONDON MARKET fvas to depress consols and five-twenties 3¢ @ 4% per eent, but the latter recovered and the ‘67's ad- vanced to higher prices than before, closing at 9254, gpgainst 92'; yesterday, the lowest quotation after e alteration of the bank rate having been 92%. The jeyancy of American securities secms, therefore, direct challenge to the movement of the bank to depress the outflow of money from London, MONEY STRINGENT, ‘The moncy market was stringent as a conse- Puence of the persistent locking-up operations of fhe “bear” cliques at the Stock Exchange, whose plans are aided by the confessed poverty of the ity banks. The government money was of little @vail against them, for they contrived to absorb it a@lmost as fast as it came from the Sub-Treasury. Whe rate on call advanced from 1-32 early in the Bid ONE-EIGHTH AND INTEREST @t three o'clock, and closed at 7 percent, gold, ft a quarter past three o'clock, the last loans being made by parties who got thelr money from the Treasury at a late hour. THE EQUIVALENTS of the rates just specified are 11 per cent for the opening, 62 per cent for the highest and 8 per cent fer the closing transactions of the day. Very natur- ally, there was nothing doing in mercantile paper, and quotations are only numinal. THE GOVERNMENT SALE OF GOLD. ‘The offer of the government to seli a million gold élicited bids for a total of $4,503,000 at prices rang- Ing trom 113.60 to 114.57, The clique brokers bid for $2,000,000 at 114.57, and were awarded half that pmount at their price, The restriction of the sale floasingle million was not generally anticipated after the extra purchase of five-twenties yester and the announcement caused an ADVANCE IN GOLD TO 115%, the lowest price having been 114%, the rise being helped by the direct buying of the clique, who held their control of the market to the last gmoment and closed the sales at the highest point of the day. As previously mentioned, they caused the “shorts” to cover quite freely by putting up the rate for cash gold to-morrow to 24 per cent, thus checking at the close the tendency to a decline resulting from the buoyancy of our bonds in Lon- don thisevening. The COURSE OF THE MARKET fs shown in the following table of the principal prices of the day:— + 14% 14 2PM. M 5 ibs % 115.54 11534 In the gold loan market the rates ranged from fiat to 1-16 for borrowing. The operations of the Gold Exchange Bank were as {cliows:— Gold cleared + $58, Gold balances. Vurrency balances. The Thuringia, for durope, took out $64,000 in silver. The Sub-Treasury paid out $101,000 on ac- count of interest and $5,000 on account of redeemed Bve-twenties, THE RAILROAD BONDS, The following were the bids for the railroad bonds :— New York Cen 6's, 142, New York Cen b's, 822,000 Tol & W Ist m, St L div Ete Tol & Wab 2d ToL & Wab eq "y Hana a uae Se: Chie, ke HY Pacltic Mor 'W Essex Ist cf iD Istia, new Southern'7’s, 1 é eee re 1 Pitts . lew & Pitts 34 in ees ry m. ere ent,'75 Jot. Mu 4 Bt Paul lowe diy i’ aad NEW YORK HERALD, FRIDAY, OCTOBER 4, 1872—TRIPLE SHEET. In the Southern State bonds the Tennessees Were strong, the new South Carolinas weak and ‘the others steady and very dull, The following were the closing prices:—Tennessee, ex coupon, 12% & 78; do., new, 72% a73; Virginia, ex coupon, 444 & 50; do,, registered stock, old, 37 a 40; do. Bixes, consolidated bonds, 50:4 a 61; do. sixes, deferred scrip, 1534 a 17; Georgia sixes, 70 a 78; do, sevens, 86 a 90; North Carolina, ex coupon, 81 @ 83; do., to North Carolina Railroad, 443.47; do., funding, 1666, 22 a 24; do. do., 1868, 20 a 22; do., new, 19 a 21; do., special tax, 12 a 14; Missouri sixes, 92 a 9234; do., Hannibal and St. Jozeph Railroad, 89 a 90; Louisiana sixes, 52 a do., new, 48 a 53; do. levee sixes, 60a 55; do. di ‘eights, 70a 75; do, do, do., 1875, 70 a 75; Alabama fives, 58 a 63; do. elghts, 80a 85; South Carolina sixes, 40a 60; do., new, January and July, 23 a 24; do, do., April and October, 24a 26; Arkansas sixes, funded, 48 a 52, GOVERNMENTS STEADY. The government bond market was steady for the gold-bearing issues, a reaction from the sharp ad- vance of Wednesday overcoming and neutralizing the effect of the further advance in gold this after- noon. The currency sixes sold again at 111%, but were inrequest at that price at the close. The follow- ing were the final quotations:—United States cur- | rency sixes, 11134 2112; do,, 1881, registered, 11434 a 1144; do. do. do., coupon, 1157 a 1163¢ ; do. five- twenties, registered, May and November, 112% @ 112%; do. do., 1862, coupon, do., 11534 a 11556; do. do., 1864, do. do., 11534 a 11656; do. do., 1865, do. do., 1155 &@ 11574; do. do., 1867, registered, January and July, 1144 a 11434; do. do., 1865, coupon, do., 11444 a 11434; do. do., 1867, do. do., 1143 @ 11434; do, do., 1868, do, do., 11434 a 11434; do. Lcaatendnoil registered, 103. a 10814; do. do., coupon, 108 a 10834 do. fives, 1881, registered, 110% a 111; do. do. te coupon, 11034 a 111, STOCKS WEAK AND LOWER. The stock market was heavy all day and underwent & decline ranging from % to 17% per cent—the latter extreme occurring in Northwestern, which broke to 6934 just as the Exchange was about to close. The depressing influences, outside the constant ham- mering and opposition of the “bear” clique, were to-day the advance of the Bank of England rate of discount and the result of the election in Georgia, the anti-administration majority in that State hav- ing excited fears that the Grant ticket may be de- feated throughout the entire South, while serving at the same time to help the opposition chances in Pennsylvania and still more remotely in THE NOVEMBER ELECLION throughout the whole country. It is a visionary influence, certainiy, after all the professions of Mr, Greeley; but the surer prospect of his election threatens the removal of the present debt-reduc- ing, bond-buying administration and the substitution of something experimental. At least Wall street felt in a bad humor over the result in Georgia and conjured up pictures of a new financial policy, which might be hostile to the steady, easy-going way of the present régime. So that with the Mephistophelean mischief of the “bear” cliques and their tightening of the money market, THE DISCOURAGED “BULLS” helped the depre ssion by gradually relaxing their hold upon their stocks, their wavering purposes being taken advantage of by the “bears” to start a rattling decline of everything in the closing half hour of business, the extent of which will be seen in our table below. Boston, Hartford and Erie went off to 734, and the low priced fancies were conspicuous sufferers all around falling more propor- tionately than the higher priced stocks. Atiantic Mail became active late in the day with frequent sales and a decline from 20 to 1834. HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest prices of the principal stocks during the day:— Highest, New York Central. Erie Lf TAs Tal 402% 42% 3835 3756 C., C. and I. C. 84% 8339 Western Unio: a 60% Pacific Mail. TONG 75 SALES AT THE NEW YORK STOOK EXCHANGE, Thursday, Oct. 3—10:15 A. M. 124 149g $5000 US 5.20, r, 65 n.. $2000 US 6's, cur My 1000 US 6-20,'¢, "65,1... A. M.—Before Call. 200 shs Un Pac RR. 200 do 3600 shs West Un Tel 3700 do do. 100 Erie RR. 200M & St P | 200° Wow. 10) Ohio & Miss RK Board—10:30 A, M. $4000 Tenn 6's, new 1 ahyBric RR... b8 4316 2000 NC 6's, spec ta NYC &HRRR, be 93 5000 8 C 6s, ny J Ne do. a 2500 LShore dl 3000 Cen Pac RRgd bs 1000 | do 6000 Union Pac ist’ m: 2000 Alt & TH i c 10000 Gt a 1000 Pitt 2000 01 FLW & 0 ist I jo & Nise m. gold oR £ M Ist. “il & Nash 5 Ger Amer Ba 100 Panama RR 100 West Un Te! 900. 0 bee Bo 200 20D, Lak éW do. 10.0, 0 #4 K ” 12115 and 2:15 ++ 1124 $74500 US 5-20, Wag N53 100) do... 110 Ws BOO) US B's, 10-40, 14” 26006 US 6's, cur. 12:40 P. M.—Before 7 100shsC ANW RR 0, eH RR On n Pacific RK | {015 & M8 RE, ¢ oe " Second Board=1 P, M $4000 Con Pac gid b 9% HO shs LS aMERR LW practi bs Wo 1 apne bd aa | futute cellvery (basis, Jow middling) the sales have been | as.follo' | Southern supert 79 0 94 90) 3 s 14 20) Mito iy iow id 100N 928 1000 92 100 ig 150 900 Pi 75% 100 do ba 300 75% 5000 &NWRR..b¢.83 70! 1200 75% OO di . 3000 7533 1600 754, 700 1200 754, 20 200 To 400 400 TB, 250 300 ‘75%, 100 1700 754 200 500 76% 100 600 75i4 200 500 ‘Tie 600 100 7533 300 1200 T5'q 600 100 753% 300 300 ‘7534 100 1000 Tig 200 60 M: us" 700 ool 874 400 100 87° 200 $00 87 100 70 86% 1300 70% 100 70 7m 70) 200 We 100 70% 00 7! 400 0) 200 i 1300 0 900 70! 100 bi 300 70 100 Wi 100 400 1000 B00 4d 1990 5 90 do. 200 Am Mer U' 200 Atlantic Mt 100 600 800 200 CLOSING PRIOES—4 O'OLOOK P, M, Western Union. 607% 0 0, No Northweatin pf. 85% 86 Atlantic M NJ Central, a 90K Seaakananne + 9g eS x Pacific Mail. N Y¥ Central. COMMERCIAL REPORT. Cotton in Good Demand and Firmer; Receipts at the Ports, 11,267 Bales— Flour Steady—Wheat and Corn Easy— Oats Firmer—Grocerics Quiet—Pork Firmer—Lard Weak—Petroleum Firm— Spirits Turpentine Easier — Rosin Firmer—Whiskey Steady. Tuurspay, Oct. 3S P. M. Trade matters are in statu quo—a good thriving business and a generally healthy, buoyant state of affairs still being the most noteworthy character- istics. All the leading articles of merchandise con- tinue to be sovght after, not only for home consump, tion, but for shipment hence to Great Britain, Continental Europe and elsewhere. The extension of American com- merce to foreign countries goes bravely on, and méw fields are opened up almost every year, until now we have penetrated into every inhabitable country on the globe, where it has been found possible to obtain a foot- hold or put an entering wedge. It is true that, owing to the exceedingly low cost of production of many commodi- ties in Great Britain, we have not proved successtul com- petitors for foreign custom in certain branches; bugwe have every advantage in cther branches of com: while we are constantly making progress in this direc- tion. Thus we have to chronicle a fair degree of activity in almost all articles of export, while our tonnage capa- city is being taxed to the utmost, and as it has seldom been taxed before. To-day the movement in breadstuffs was fair, but, under a pressure to realize in wheat and corn, the market exhibited signs of weakness; yet there was no essential change in prices. Provisions remained nearly in the same condition as hitherto noticed. There was a little better feeling in the pork market, but lard re- mained dull and heavy. Nothing of particular impor- tance occurred in the grocery market, ither as regards to the demand or prices current. There was considerable inquiry for raw sugar, but at figures slightly under those now current, which holders showed no disposition to accept. There was quite a brisk movement in cotton, particularly for “spot,” and the supply being hardly sufficient to meet the de- 2 | mand, an advance was readily established and the market closed firm at the improvement. Petroleum re- mained quiet, but very firm for all descriptions, Quite a large business was reported in Philadelphia at a further advance in prices, Naval stores were irregular, spirits being easier and rosin firmer. No particular cause was assigned othor than that spirits were offered more freely and rosin was withheld. Corrox.—The demand for spot cotton was beyond the supply, and an advance of ic. per Ib. was readily estab- lished, tne market being very strong at the improve- ment, owing entirely to the paucity of destrable lots: Future deliveries ruled i¢c. per, 1b. higher under good demand, The sales sum up as follov Bodo + Last) ae » Tota’. 2,008 Er 1, b | Gobet aan Speculation In transit. Seed oy a Total 259 635 SM =Includ bales to arrive. For —Sules last eve! Oat 18 15-16c. ; Rk ing, after three o'clock.—Octo- m at 18%se. ; Decem- ber, Ty Ly m- February, 200 at 1940.5 ber, 100 at 1 916c., 1 April, 30) at 290-4 Dales, Siiles to-day up to M.—October, 300 ro 18'gc. at 18 3-16¢., 1,3 100 at 18 200 at, 18%c., 400 09 at 18 200 at Ilse. 500 November, i00 each, at 155-16c, together; October and November, ‘ach, at 18%c., to- 00 Getober and November, 100 Ee wt 18 7-f66°, to- | i fa SO ae, Wee 100 at ASB 30) at 8 abo at 8 6c. at al 300 at lige. at 16e.,'100 at 18%¢c., io at 187-160, brat i Toe: December, 800 at 18%40., 50 ae ieie., 300 at tse y G00 Bptat 00 at ton. 160. 60; April 203¢¢.." 300 Tou Ng 1s t00 bales, Grand ae 1ev00 bales. tNotex’ stock of cotton in this portis as follows:—In warehouses in New York, 9,619; in warchouses in Brooklyn, 1,501; on, wharves, ‘bu, and on, shipboard (rot cleared), 9,489, Total, 31,205’ bales.] Rates on cotton to foreiyii Parte closed firm, as, talows:-To Livernool, by sueamn, i, 'o Havre, {iS gous’ sill, p70 Hambury, by seat, 36. bd men, by ste gold, com) reseed To Baltic ports, by teat via Englands lll6d, fo. Mediterranean: porte by steam vin England, 11-160. ‘The receipts at cho ports film up as follows: alveston, 759 bales; New Orleans, 812; Mobile, 1,118; Savannall, 2,016; Charleston, 1, 083 Wilmington Norfolk, If 080 New Yo ork, 408; Bost i | 3. "Total, i2,267; this day last Week, 9.372; thisday’ last your, 7,073. We quote :— Uplants, Alalama. New Orleans, Texas, Ordinary... 15k 15% Good ordinary. 18%; Low mmidditi 19 Midaiin He Good mid —The quotati running 28 quality not more than hait & grade above of beluw the Sade quoted. Covert “Mnrket quiet for all doscrit were unchanged. r ordinary. car govd do ; ber 1., Bilay I5ige. 1 Ie ics gen} Ste tray TBA. a Nice, Java aguas fot, Ass bblas wheat, + corn, meal, 760 bbis. ; 2.893'do. The flour market n the aggregate there Wasa fair business. Prices throughout showed no. inaterial change, The sales since our last foot up abort 15,500 bbls, including ail kinds, at prices within the range of the ap: powsled quotations, Corn meal, remained gulet, but very sales were iade of 250 bbls. at $3 0) for Wester nt $3 9 for Brandywine, We ave ino 086 00 ions and pri ie We dupe it do, Bs yi ellew, No.2 8 Extra, Minnesota... 0)... Round hoop Otto. pi) Ohio, trade 1 cows Saas ona Sr SSRSSSASSUSTSSRTSASLTE: St Lonis straight St. Louis choice double extr Rt, Louis choice Lisle wBornac=oxe Southern extra... Southern family... Benn cecacor~1 9 gowe-sec teeta, SPsaSasssasseessusksnssnsal nensaepereaperensnesreeee clyaiug, Lgyeves, Wonks Zhe palcs foo wD Lo Thao bushels at $1 t: $1 5 pe No.2 2 eens gt Mer Mg Bo ReMi No. ears ae TarNo. 2 MuwauKes (@ oxing. at, the mde fre 69 ‘for Western y ct wheat, Corn G2c, for stea for sail, mixed Themes & i ya eae eel e Wamidial at 860. a Se. for Western and Tic. cf afloat, stained new white Btate, 44c. White, and car lots of Chott do. atafe.; old No: 2 sew earn at 4c. in store, with buyers at 44. Barley remained quiet: hela! above’ the views of buyers. “Rive was Inactive an Rominal within the range of 7c. a Bde. for Western and fa Bie, for tate, ries aetna a ners MMen a irifle more activity in its ti a Any rin lens has been articularly ior vessels cotton, wok command Bet ppt eye e agements were :—To Live Grain, at 12d, ndard bushel 200 bales cotton, 7-164 ; tnt ‘and by sail, ‘bushels’ grat 200 bates cotton, on private terms; 10 + 15.000 bushels grain, at 1d. 11% The charters include :—An ane ip, 6,000 re grain to 0 divect Teja, ort, at Be. Ba an Pitherigan bark hence Tat ibis. refined petreleutn u0 6s: 6d. men lialian bi the Mediterranean, 9000 c es refined do., at 3le., pri of saris at a00. mstantinople At s7c.; shy ‘Phiiadelphi Mia toa Continental por bbls, od etrolann Brivate terms: & British ship from Savannah, % BF cotton at 016d, If to Laverpool, and 36d Continent; a British bark, with 1,750 bales got. ton, same voyage and rates; a British bark, with 2,600 bales of cotton, same voyaye and rates: a British brig, with 900 bales of do., same oe age on private te Moassns.—Market very descriptions, and prices not quotably changed. Cuba—Centrifugal and mixed pee Clayed ....... 25 S75 with rates ruling firm. The charter- Di for 3 efor a We i a— 0¢. wane fei tpe irits turpen' tely ao bat shade easier pri We Ean wie salen, ot 75 ol wi bbls, t Ge, hy ote 16 ed C., a ww YK al wi % Tar remained quiet; ro pork, 'RTROLEUM.—On. ‘Change to-day showed teas activ <li ‘was firm at 253 livery, Sales 4000 bbis. spot at 25¢e.. Crude, in was also very strong at 13% c. for early ‘delivery, gh 80) bbls. reported gold at tha pas re, Cases were quiet. but aidy at 29HGC. 0, te was also vary firm, C. iS fe at 17: user or ee ‘At the reek the market wa: lecide aly, bs higher, uoted at $4 20 on both roads, andy iy at Ol ity. The Philadel: Rha mnarket was ddeldediy more. active’ and very firm. he sales reported aggregate about 12,040 bbls, of stand. ard white, for prompt delivery, ut 2074c., and 2,000 bbls. of do., for do., on private terms. ‘we hear the sales variously atimated in Philndel pi "at from 20,000 a bbls, deliverable from now until the 10th of November. PROVISIONS. —Receipts—Pork, 60 bbls, ; beef, 65 packages; culmeats, 216 do.; lafd, 616 bbls. and. tlerees sau kes The market for mess’pork was again a shade firmer, pander a ye seen PBales, 1,00) bbls. et October, at 14 2) and 600 bbls. for do ‘at’ $14.25, In Jobbing lots about 400 bbls. abst agit so Bacon was tra unaet a moderately fair demand, Sales, 100 boxes short clear for November, at 9¢.; and’ 800 boxes of long and short clear for Deecmber and January, at 7%. Dressed hogs were rather easler under, larger ‘offerings and a better supply, quoted at6%e, a Tye. for the range. Beef con- tinued ‘quiet excepting in ajobbin, way, where salea were made of @ bbls. (in lots), at from $6 a $10 for plain mess; $10 a $12 for extra Yo.; $13.4 $16 for prime mess tierces, and $17 a $20 for India mesa do, Beet hams were quiet and weak, quoted within the range of $27 a $30, Cut meats wore in moderate demand, but chieily for lots from store; sales 4000 Ibs. of dry salted shoullers at O40. and 5,000 Ibs. of plekted bellies in bulk at Hse. We quote:— Smnoked hams, 15e. 2 1640.3 do. ahoulders, u gC, A 9.5 plekled hams, Ide. a i4}sc. jo shoulders, Zhe, ‘4 Tie. ; do. ilies, So. 8 Bye, boxed or loose, “Lard-ihe market for Western remained unchanged, but dull and wenk; sles 200 Heres at Bice, ; 100do, of alew, to axtive, at Bic. A. 824e. ; 100 do. do, at Bixc., spot; 100do. Kettled at Mee. a Sic. 'Gity wasanict aud frevly offered at Sige. ; salen 10) s at that price. Rice.—Transactions were only moderate and at un- ghanzed prices; sales 43 tierces of Carolina at trom 8c, a 9e.; 50 bags Patha at 7gc. a 77%c., and 150 bags of Ran- goon at O74e, w 7360, Sugar, market still remained quiet, but very firm. Conside: sales could have been made at shaded prices, butholders showed no disposition to make con- cessions. We have only to note sales of 15 hhds., de- scription not given, on private terms; 45 hhds. ot Porto Rico at 954e., and 1,412 boxes ot refining grades also on private terms. Keflned was in limited request at essen. Hally "maltered prices. Messrs. C. Amann & Co. report the stock, sales and receipts as fo} lowes . Boxee Bags, Melado. Stock (ascertained by actual count, goal specula- tion), October 1, 1872....... « 83,716 87,187 60,049 8,502 Receipt alee tlie Ist of eae is ied 5 a Total... +.» 54,068 "83,082 “60,049 9,602 Salen, sit 7 Tlaeta chai anes sak xt ber. 883 8,160 =—a— 84,022 60,019 8,002 74,878 820,679 6,496 94,962 465,881 417 + 95,653 114,285 134,633 intertor” *, common, —We quote: ; joa Rehining, 8c. a Biel) fair fair, 90, Ry ree ood to rime, 9c. & a rye fs ec. 50. 5 prime te chet si gemeital at tind and boxes, 9c. a ds. and boxes, 7ize. & 8 eo. 68 Hevans— Boxes, Dutch stand- to Kes Ao soho ade mite ae ee "Beal standards Nor lan} juperior and ae ‘superior, 8c. ie a and nominal, in the absence of one a market remained quiet but firm. Sales Ibs niskky.—Receipts, 888 bbls. The market w: at 92c., with sales Ot 350 bbls, eee DOMESTIO ‘10 MARKETS, LALVESTON, Or good ordinary, 1aice" Net Reel coastwise, ney Sales, 500, coin? New Orueans, oct 8 quiets good ordinary, 177%sc.3 low Tniddtiags, mii tings, ye. m Ie. Net receipts, Ssld bale 462, Exports—To Great Britain, 163; coastwise, Sales, Fy Stock, 47,626, Montte, Oct. 8, 1872. Cotton—Market not given; , Sood ordinary, Titge. ; low middlings, 18¢.; —middlin I8kgc, Net reeel its, 18 bales, ixports coastwise, 1. Stock, 6,046, ana Oct. 3, 1872, id ; middlings, iste! Net 16. Exports coastwise, HARLESTON, i low y anid Bee ease thet ge. gelpts, 1,755. bale: Exports gra a Sales, 500, Stock, 1s ‘sie. Witarxarox, N. C., Oct. Spirits turpenting firm at, tic. Rosin fin nt) 18 for airained, $4 60 for No. 2, $4 78 foF ext $4124 for No. 2, $8.0 for pale. Crude turpe mene $3 8) for hard, $5 60 for yellow dip and vine Har steady nt $990 Lovtsvitte, Oct. 3, 1872, Tobacco unchanged; sales 27 hhds, » Borrato, N. ¥., Oct. 3, 1872. Cotton, fi bales, Exp ports Cott 1834 gst Cotton active, in good deman: receipts, 2,046 bales. Gro 8, 2) 1,698. Sales, 1,200, Stock, ee Cotton, steady ; Lake imports—Flonr, 1,775 bbis.;" wheat,” 231,650 bushels; corn, 120,807 do. ‘Canal shipments—Wheat, 118.376 bushels} corr, 113,030 « barley, 1399.” Rall shipments from clevatot at, ace corn, 28; pate, 85,000 bailey, 9650 do, Catial ‘freight Flour atendy We ef “i Sin, $728.8 B7 ont jour.’ stead gator Spring, axersi in 8909; ainber, $8 sui white, $9 $9 40, Wheat ull and Lierers wales oe 20,00) Dushels' Milwaukee No. 2 A at $1 42; quoted "31 42 0 $143. Corn dull; sales of W bushels at Mc. Oats quict and held at S7ife. a 38e, Other articles unchanged. RA dates Y., Oct. 3, 1872, Flour in good demand and market, dteady;) sales of 2,600 bbis. at $8 25 for No. 1B. 25 for amber’ Winter, lO for white do, $10 8) turidctbleextin Wheat in light demand; sales” 8,400 bushels fair white Canada at do, extra, white Michigan at $2 05, Sa) do. No.4 Milwaukee ciub nit of, one cardio at $1 08 Corn quiet; sales ushels at 62, Barley Quit and unchanged;" sales” 9400 “bushels uplake Canada at $1 08 Corn 1 40 for bolted, 1:35 for unbolted per cwt. Millfred tinchanged: shores 18; shi $20; middling, $22 per ton, High wi ines, foe.” Canal freight Burley 8. to New York to Al: Dany. eb freights—Flour to Boston, thes wo New to, Albany, ney. Pasa by Hashels wheats 33,000 bushels barley, ber. Shipments by canal—47,500 hails tere, tect of lumber. t of lum. ae Cutcaco, Oct. 3, 18 Flour, oes an4 ringat gta hg galt ind Tintetited ; sales of ring ot $I, $1 22 0 $123; do., $1 15 cash orsclier October, Nor 8d 0.) $1 i lected, We. a Mise Gorn dull ands shade lower; ra 2 nixed nt See cash or seller September: Sie" seller November, No high, mixed, 86c, ; rejected, 826. a 83c. Oats quist and enki, sated of No. 2 at Aske; igglecteds We. 200. quiet and weak ‘bige. for No, Burley tower and fn fair demand nt Oli. for No.2 Fall Freights in fulr demand and higher: ‘com to Buffalo, wheat to do, 6c, Receipt fob0 bhi. flone, 98,00 budhels wheat: ah0do. ¢ ,000 do. oats, 5,000 do. rye and 68,000 to, barley Silpmrenet as pols: tour, 182,000 ishets wheat, lo, corn, I lo. oats, 5, rye and 740000. barley: inc EUROPEAN MARKETS, Loxpon Moxey Marxer.—Loxpon, Oct. $—5:30 P. M.— Consols closed at 92!4 for ‘money and £234, for United "States tivo-twenty bonds, 1468. old “wie: br em forties, 8754; uew fives, 8945; Erie Railway URSE.—Panrs, Oct. SP, M.—Rentes closed at sgion “LIVERPOOL Corton MARKET. —Liverroor, Oct. 8--5:30 P. M.—The market closed quict and steady. Middling up: lands, 99d. ; middling Orleans, 10d. The sales of the day have been 15,000 bales, Including 3,000 for speculation and expan. Sales of middling Orleans for November at i for December at 954d. big EE Breapstcrrs | Manger. —Livenroor, Oct 8— 5P. M.—The market is steady. Lonpox Propuce bt eed acal Oct. 3-Evening.— Linseed oil, ‘15s, per PrrrovevM MARKET, —Anewenr, Oct. 3.—Petroleum, 52f. for fine pale American. A —ADDITIONAT, CAPITAL PROCURED FOR MER- + chant ufacturers and others. Persons with apital seeking investments advired of 9 proved opportu. hikes. Beecengee-OSee Brower 9. Bankers, 17 Willian street, ke. RIGGS, CARLETON & CO., nancial and Suatnese Agents, 98 Broadway. MONEY 10 LOAN ON BOND AND MORTGAGE w Lork, Brooklyn and New Jersey. Erinci- pais only ‘apply to SAMUEL 8, WOOD, Jr., 165 Broadwa: ee ‘OR SALE 10 SHARES NEW JERSEY Ps last dividend 45 percent. Call on Seventh street, Jersey City. URRAY HILL BANK, New Yorn, Sept, 24, 1872. The Directors of this bank have this'day di ‘me | § nee. b AL . wd a ‘orn meal, J 3 Giyidend of $4 per share, payable on and after Oc! Y C nea Bran sents bend 8 1872. bag transior books wan be closed from date to “iat g JAMES STRIKER, Cashier. o. ‘ONEY, PLENTY—ALWAYS ON bg TO LOAN =The wit ma yas 4 n at irregul Be being easier on the lower rades and steady forthe bettes vase ae MOEN PERE, Ph foeneates, Mortgages Notary and Commissioner tor every wate, Bt the International Ex EVERAL SUMS ‘To RD at 2 all FIRST MORT- city, Westchester, Ne New J “riety 5 MONEY 10 ORY MAN, No. 3 tenet f, room 7. Wri LOAN $10,000 TO AN OLD ESTABLISHED je aipam house upon, oon ved urity, and will vices. for interest uj and a moderate om Tiddress TAMES R, ‘box a1) Herald office, gy $3.00: FIRST MORTGAGE ON GOOD | PRO: New aon for sale: a liberal Bonus offered.” *eelpals “sddrens’ AC. ‘Le ixerald Ube 1.000 WANTED SON CHATTEL MORTGAGE, |. 4 Mind and femred Pee would trans: htc ct aca 5. 00 hog tey THE LEASE OF VALUA- re on Broadway, consisting ot 1 Cla ato Be ati Has liber '& liberal ‘bonus wi Bes os REAL ESTA Uptown Branch $60,000, Hera? ta tuie oleh Vondsman, - Addroas F. ,, Herald 4 ‘Wupgise' COPARTNERSHIPS. Ning YORK, OCTORER 1, “1972, —THE, COPARTNER- Nae heretofore existing between Anthony J. Won- dra and” pena Fcholz, under 9 name and style of Cos day dissolved by mutual consent; authorized to sign the firm's name in n Hau ida on. ii parties having any claim or senang rm will please present the Iprosdway, their place of busl- same for set Sines vat ai OSWALD SCHOLZ, ‘EW YORK, OOT. 1, 1872.—-MR. WARREN E. GREEN- Jeaf has an interest in our ‘purines on and after this date, GREENLEAF, RRIS & CO,, 66 Exchange place, CHAMBER OF COMMERCE, First Meeting of the Fall Session—A Eattle Light Business Transacted. The first regular monthly meeting of the Cham- ber of Commerce since the Summer vacation was held yesterday, at their rooms in William street, the Vice President, Mr. George Opdyke, in the chair; Mr. George Wilson, Secretary. Mr. James P. Wallace was re-elected 9 member of the Committee of Arbitration and the following new members were elected:—Joseph M. Yates, William Libby, William Morgan, Joseph Sparks. President William E. Dodge, George Opdyke, J. 8. 'T. Stranahan and S. B. Chittenden were appointed delegates to the Convention of the National Board of Trade, which will be held in this city on the 15th instant. They were also instructed to’ extend the hospitalities of the Chamber to the Board. A communication from Thomas B. Van Buren was read, requesting the co- tad of the Chamber toward the encouragement of American exhibitors “ota to be held in Vienna lay next, Mr. Van mn is the commissioner Pela by the United states to that exhibition, and he seems much embarrassed by the neglect of Congress to make any appropriation to ald Ameri- can inventors and manufacturers in displaying their works. On motion of Sinclair Tousey it was resolved that Commissioner Van Buren be invited to address the Chamber at its next meeting. An amendment to the bylaws was presented, ruling that if the fees of any member remain un- unpaid fora period of two years his name may, upon report, be stricken from the rolls, the New York Steam Vessel Owners’ Association ‘was granted the use of the rooms of the Chamber for meetings for a period of one year, The sum of $109 was spmopriated by the Board as its subscription towarc paving for the flag to be precanted to the police. @ presentation of this anner will be made on the 11th inst., on the an- nual Hla in commemoration of the bravery dis- played Md the force during the riots of July, 1863, and 187) President Dodge will represent the Chamber at the ceremony of presentation, The Chamber, after attending to some minor business, adjourned, THE JEWISH NEW YEAR Services Yesterday—Eloquent Sermons and Charming Music. This Jewish festival opened brilliantly on Wednes- day evening. Services were held in all the syna gogues, both orthodox and reform, and very large congregations were present at each. But yesterday was the great day of the feast. The temples in Fifth and Lexington avenues, Thirty- fourth, Thirty- ninth, Forty-fourth and Nineteenth streets syna- gogues up town, and others not so rich and fash- fonable, were crowded with worshippers. For sey- eral days past the trustees of those synagogues have been disposing of pews and seats, but they had not space enough to supply all who applied for sittal ‘im hence the ete was made and talked up among Israelites to open ‘“mis- sion” temples for the poor and those una- ble to pay for seats. Nothing. was done, however, in this line we belteve. rte the congrega- tions would continue as lay during the year as they were yesterday the hearts of the rabbies and of the several trustees would n@ doubt be rejoiced. But as 900n ag the holidays ate well over there is a very noticeable falling off in the attendance of wor- shippers in every synagogue in the city. loguent sermons were preached yesterday by Drs. Vidaver, Einhorn, Adler, Huebsch and others in English and in German. The burden of their topics, mainly, was incentive and encouragement to the people to review their past lives, and especially the past year of their lives, to pray to God for his mercy and pas ad for their sins and transgressions and neglect of his law and thus to prepare themselves for the great day of atonement which occurs next week. The music in most of the synagogues was very fine; and especially soin the Temple Eman- nuel in Fifth avenue. The orthodox Israelites will have another day of such services according to ancient custom, but the reform Jews are content with one day. The shayar will be sounded, and the faithful called to repentance and a new life. The intervening time of the day between the services is peel spent in visiting and receiving visits, and Kew and receivi {dhe as we do on our civil ear’s day, and there Is a season of joy and rejoicing so far as is consistent with the solemnity ofthe season. There are some very strict, old- fashivaed Israelites, however, who spend most of their Jomestic hours in devotions, and will not see or be seen by friends or visitors, DESTRUCTIVE FIRE J AT | ORANGE, N. J. Four Buildings Destroyed—Loxs About Thirty-five Thousand Dollars, Between twelve and one o'clock yesterday morn- ing a very destructive fire broke out, in Orange, N. J.,in the fancy store on the corner of Main and North Centre streets, occupied by the brothers Van Ness. The flames spread rapidly and the firemen were promptly on hand; but just as there was a good prospect of getting the fire under unluckily the steamer blew out her safety-valve, and was therefore useless, A messenger was at once despatched to Newark for aid, which was promptly rendered, the Chief of the Newark De- partment himselt going with steamer No. 7. But the flames had made such headway that four small buildings, all owned by A. H. Freeman, were de- stroyed. An fajoining kell o larger, was saved by the heroism of a youth named Harvey Losey, who, at the peril of lils life, shut a window or door through which the flames were leaping. Some ot the Orange firemen behaved shamefully and refused to obey their officers. They have been suspended, THE LOSSES AND INSURANCES. A. H. Freeman, buildings, jogs Aa insured for $3,400 in Merchants’. RS, & eon} Ness, loss $15,000; insurance $12,000, as fonows Home, New York, $2,500 tna, Hartford, $1,000; Mer- in Kew $1,000; Firemen’s, Newark, $2,000; Newark’ arhecak $2,0003 City Mutual, New. art $1,500; American Mutual, Newark, $1, ed People's Mutual, Newark, $1,000, T. J. Davis, | hoot and shoe dealer, loss $3,; 300; insured in Home, New York, for $2,: Frederick Grundman, grocer, loss $1,800; insured in the Aitna for $1,000; Mer- chants’, Newark, $500. Mrs, Catharine’ Breman, dressmaker, 0x8 '$2,000; insured in the Hibernian Mutual, Newark. Theodore Smith, druggist, loss by water and breakage $500; fully insured in New ‘ork companies. THE LATE DR. D. 0. ), DE LEON, WASHINGTON, Oct. 1, 1872, To THE Epiror OF THE HERALD:— I find in your issue of September 30 an obituary | notice of the late Dr. D. C. De Leon, which casts an unmerited aspersion on his name. The article I allude to charges him, as the head of the medical staff of the Confederate Army, of “being in a great degree responsible for the cruelty to the sick and wounded federal prisoners,” I beg, as a simple act of justice to the memory of A gall lant soldier and high-sones Lape cae that_you will correct this error. nized the medical staff, but two Hmontts after vacated in favor of Dr. Moore. He then filled the ee es of Medical Director to the gn of General Lee for a few weeks, When he es oy wa ks as aid to General Magruder, in ed until the war ended. Even een re aa not return to the United States, but commenced the practice of his prone in| Mexico, ARMY, RAILROAD DISASTER, Accident on the Chicago and Alton Ralil- road—Several Cars Demolished but No- body Badly Hurt. Sr. Lours, Oct. 3, 1872. A despatch from Edwardsville, Ill, says the ex- press train on the Chicago and Alton Railroad ran into the rear end of an extra freight train at the crossing, near that place, last night. The passen- er engine and ba; ¢ and express cars, and four Frisnt cars, were demolished, The wreck took fire, and at last acorn ty the passengers and train men were enleavoring to save the remainder of the train, commen of three sleeping cars and five coaches, W. Bryant, United States ex- press messenger, and the engineer and firemen, Werg slightly burt. mae Alderman Ggts moved that Commis loner Van Nort be requested report Board the ones of all peraiay a ite ite blocks made by @he Assistant Alderman Connor said said that the was made in order to mottony to vindicate himself against the ES ole Geperfnens and 4 gentleman whom he would ene motion was adopted ¢ , Meeting of the Board of of Audit and Aye Portionment. " An adjourned special meeting of the Beara Audit and Apportionment was held in the Com; troller’s office Lingront de IMS ALLOWED, ward Van Wart and others, for materials sup) 82412 Ge D. dngkson cencaloar ¢ B. Govett and others, for smith work, ac. ; D. erg assistant examiner sera Ven Wi PS eames, ital Winds, assistant examiner, September F ackwon, as examiner for month, of September Isaac 8, Barret, as examiner for month of Septembery eiunge Dodge, assistant examtner during September! The examiners appointed to Jook into the for gas against the city (and for which suits have been commenced) were examined by them, and every instance their count pt ce number of pu! lamps differed from those f rl poly sir 4 over bills. The report was received and the Corporation Counsel. im Of the New Yorker Journal for $32,880 1% ‘Was allowed, 2 THE COMPTROLLER’S MONTHLY STATEMENT, See ee DEPARTMENT OF Frere, ay COMPTROLLER’S OFFICE, Oct. 1, T8n2, Monthly statement of amount of warrantsdrawn,! and for what purpose, against the City and ‘freasury, January 1, 1872, to September 30, 1 inclusive, amounting in the aggregate td $34,909,347 73, also a comparative statement of the cityand county debt, as of the 1st of January and 30th of September, 1872, with statement of and fo! What purpose stocks have been issued during period :— to Boprem STATEMENT OF WARRANTS DRAWN. On city account— To Bist August. In Septem ‘Assemanent bonds ee spi | sessment fun Arrearages of 187i. 2,450,275 be Arching cut in Fourth aventie. - 2417 Board ‘of Apportionment and q Audit 7,188 4018 penses of. 1s ns contract 6 ‘| of, chap. 58), laws 1872, - 1,209 3225 Cledning strecis under contract.. 192318 = Cleaning streets under Police 3 Department. . 419,472 100,000 wticteetitis mpent ial, ) ber of 1870. mn _ or tuntieB ‘nn Department of Public Par! ee 89, Department of Publie Docks. 500,000 pe Department of Public Works. 2,955,956 11 Department of Public Instruction 2,013,700 Department of Po! 2,235,909 250, Department of Fi 209,39 2) Department of He 162,000 18/335 Department ‘of Publi and Correction 1,060,778 100,000 else Heense fund 24,950 1,370 ‘ors and delinquencies, = City contingenc = 6 Free floating bat 5,847 1); Fire Department. 877,267 137, Foundling Hospi foundlitigs).. 55,829 7,418 Interest on city bonds und stocks, 2,726,495 wou Intestate estates. 137 18a Judgment Law Department 1 1,026 Municipal ¢ _ New York Bri 398\000 - Printing for depa wae Ole C 3,236 Removing inightsoll auld dead’ aie 87,700 6,600 Ronl estate (cxpenesot) ‘960 = Revonue bonds of 1871, paid 5,479,100 = Remission of, assessment ie church property . - B Stationery and bla: partments and clvil and police = court 3,233 ie Salaries, advertising and igoutin® encies—Legisiative eparte Tent ¢ 137,495 20,007 Salaries, advei encles—Mayor's ollie 21,134 3,195 Salaries, advertising an. j gencies—Board of Assessors. 16,954 2,208 Salaries aud contingencies De- partment of Buildings. . 88,319 6,180 Sularies and coutingen 133,748 15,538 diciar; 83,010 12,876, Salaries and contingencies Board ; rat Bevision and Correction... 1,166 ~ ‘ax Commissloners—Expenses office ms 477 eB Grand total..... On County Account— ee Afreavages of 1871 Armories and drill Seino and reformatory institu. cleanin offices. Contingens contingencies count, Commissioners of Record—ix- Common schools for Coroners’ fees. 2,00 County Clerk's office, ‘repairing : ‘and preserving records... 1,225 a Copying ont ofice of Court of Common Plexs 387 - Disbursements 1 rn offleers and W: sl Election expenses. ave Lad Interest on county ‘stoc ‘ ponds 1,u10 807 13.48. gary tea 18383 5 New county’ ‘esr os Binding Le Legislauv nts. a10 a printing 1 ment and Judiciar, 7 1,290 Repairing. county ‘offices and buildi Ha 4,543, ~ pers nas of 1871 pa ia: . ber nd — Stutlonciy, Jaw nnd blanic books. 5,627, \y risoners in county pe 1k 8,081,001 4 Salaries Executive Department. — Ts0z7 15,053 Salaries Judiciary Department .. 463,931 32,818 Salaries Legislative Department, 22,453, 3208 WOM aeiiveenreneaie’ cosseseecey 8827081 "$149,408 ion 207,088 Grand total.. : Total amount drawn account city and ‘county. $34,909,347 CITY AND COUNTY DEBT, oe, City— te August 31, cir 30, ag Payable from sink’g fund. rea 216 At able from taxation, 5 1801003 § Reis 63, ae einporar: RY ira inate evenue Doiids. 5,479,100 15,433,097 15,433,997 tile Sc 39,986,708 sas 103 8h 129 190, Late dakig’ itt sig tS eee peo es 106,027,242 927,242 1087 Ey 708 Gash in city and county trea: $3 ih in sinking funds. Arrarages a OF S71. ropriations of and ‘for Public seiigoi buiidi Public works, Tad repair, and other stocks... New York b brldg The above stoc! cordance with special laws for work in progress: assessment bonds for and on account of improve- ments to be repaid by assessments to be collected; revenue bonds in anticipation of the tax levy oi 8 and bonds were {issued in ac. 9, 29 and 1872, and as authorized under chapters Laws of 1872, to meet arrearages of and prior to 3, THE ALLEGED IPT OONOERT SWINDLE. The parties who were arrested on Wednesilay. evening, on a charge of swindling the public by means of a gift concert professedly in aid of the suffering Cubans, were arraigned hefore Jud Dowling: at the Tombs Police Court yesterday morn ing. George W. Brown, thi FY of the Cubans in this city, was the comp! proved the fraud, Mr. William Howe appeared for the defenc- ants, and claimed, first of that there was na such thing in ‘existence as a Cuban government, As @ proo’ thats was intended to ‘give a concert lowe exhivited a contract made with Mr. Kingsland for the use of the A of Music on the evening of the loth inst, Under these circum. stances he asked and obtained, the discharge of his chents. BASE BALL MATTERS, The Mutual and Bultimore nines will contest anew on the Union Grounds, Williamsburg, this: afternoon the seventh game of their championship series, ‘Their game of uesday last, it wil be re- membered, resulted ina “tie” at the end of ten et and, as the two clubs are more evenly matched, perhaps, than any others in the profes. sion, a hotly contested and well- be looked for to-day, eee

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