The New York Herald Newspaper, November 27, 1872, Page 5

FINANCIAL AND COMMERCIAL. ‘Culmination of the Great “Cor- ner” in Northwestern. THE STOCK RECEDES TO 90 A 95. Quiet Termination of the Famous Speculative Sensation. Set'lements Effected with Everybody Except Henry N. Smith. ———-———— The “Bear” Leader in the Hands of His Friends and Lawyers. The Tender of Northwestern Preferred. His Legality in a Court of Law and Pros- peets Before a Jury. AN ANALOGOUS CASE FROM CHICAGO, A“Corner” in “No. 2 Wheat” Broken by Deliveries of ‘‘No. 1 Wheat.” fea Me ES DECLINE IN THE STOCK MARKET. -_ Gold Steady and Qniet—Governments Higher and Strong—Foreign Exchange as Be- fore—Mousy Easier—The Govern- ment Purchase of Bonds.” WALL STREET, } Tourspay, Nov. 20—6 P, M. On ’Change to-day cotton was quict and easy, but not quotably lower for lois on the spot. Flour Temained dull, while both wheat and corn were @ull and lower. THE EXPORTS OF THE WEEK. The total exports of domestic merchandise from this port during the weck ending November 25, 1672, were to the value of $5,799,772. THE FOREIGN MARKET, Advices from London continue to indicate a more ebeerful if not an easier condition of the English money market. Consols have again advanced and re ‘¢ higher than yesterday, and an equal im- provement is noted in the quotations for United States bonds. There is a chance of a reduction of the Bank of England discount rate on Thursday morning. The news from the Paris Bourse reflects the further agitation arising out of the political complications, and rentes show a fresh decline of ¥ centimes, to 52.62, MONEY EASIER. The money market was as stringent as usual in the early hours of the day, and the rate on call ranged as high os 1-16 per cent; but after two o'clock there was an evident and quite sensible in- Crease in the supply of loanable funds and a gradual yielding to5 per cent, at which rate the Jast loans were made, with quite an interval still femaining before the close of banking hours. Mercantile paper was neglected and nomial Foreign exchange was only steady for sight and firmer for sixty-day sterling, the former at 110a 2103; and the latter at 108%;, THE GOVERNMENT PURCHASE OF BONDS. The Treasury programme for this week being @oved one day forward on account of the Thanks- giving holiday of Thursday, the Sub-Treasury in- wited proposals to-day for the sale to the govern- ment of a million of five-twentics, and was offered " only $1,059,150, at prices ranging from 112,35 to 112,99. The price of gold was taken to be 112X, which limited the purchases to $489,150 at 112.35 a 112,74. In furtherance of the alteration of the programme for this week, the government sale of gold will be made to-morrow (Wednesday) under the otherwise usual conditions, GOVERNMENTS STRONG. ‘The government list wis strong and higher to the extent of fully a quarter per cent, witha scarcity in the supply, indicative of the in- herent firmness of the market. The following were the closing quotations:—United States currency sixes, 11% a 113%; do. do., 1881, registered, 11534 @ 116; do, do., coupon, 116% a 116%; do. ilve-twenties, registcred, May and No- Vember, 1125 @ 112%; «lo, do., 1862, coupon, do., 112% a 112%; do. do., 1864, do. do., 1125 9 112%; do. do., 1865, do. do., 112% @113; do. do., 1867, registered, January and July, 11634 @ 11534; do. do., 1865, coupon, do,, 115', a 115%; do. do., 1867, do. do., 11534 a 11534; lo. do., 1868, do. do., 11534 a 11544; do., ten-fortics, registered, 108 @ 108%; do. do., coupon, 10834 a 108%;; Co. fives of 1881, registered 109g a 110; do. do. do., coupon, 10944 a 110, GOLD StEADY—112% A 113, The gold market was quiet and steady at an av- erage of 112%, tie extremes having been 113 and 112%, There was no fresh interest manifested on the part of the German bankers who had sold Northwestern preferred the day before. They doubtiess closed up the business by buying all the equivalent gold and forcign exchange at the same moment, 10A, M... 10:03 A. M. In the gold loan market the rates ranged from 5 per cent for carrying to 1-16 for borrowing. The operations of the Gold Exchange Bank were as fol- + $71,221,000 + 1,020,498 Currency balances. + 1,236,758 The Sub-Treasury paid out $92,000 on account of interest and $75,000 on account of redeemed five- twenties. THR RAILROAD BONDS, In the railroad bonds Peninsula firsts were offered at 102, against 111 bid the previous day—a tesult of the subsidence of the “corner” in North- ‘western. The following were the bids at the call of the railroad bonds:— Del, c Tole Wi To &W Tol & W Gt West lorris AD Mor & Alb & Sus 2d bas. “95 NJ Cen Mich Cen ’s, Ist m, 1882 43g Pitta, F chi Bur & Qs, istmilz” Cleve & h S07 p 20m. Cleve & Mich tok NL 6,7 Cleve &: v & Tol sf. Chic & Liev & Tol new bds..... Chie& 103 V; PainesvilleaA.oid 98 — Chic & Alton me.. 8 nF & Anawbds.... 94 “ Peninsula Ist m con: ..:100 t,'Mon & +81 St Louis & Jron M Ist'm 934 hee Ube thy MUP Ea eit div y F aul 7's, gol ake fhiore MAN'S Bt Paul, Ist Pac by 96ig Mil & St Western Pacitc baads. Wig Col. Chie Gen Pac gold wils.... 4.10 Col, Chie & Gen Pac State aid bde.107 Tol, Peo & njon Pac Istmbds.... 57 ‘Tol, Peo & Prin pac \ers é N York AN jon Pac inco Kost, H & Cent? per cent, 75..102"" Cedar F & AltA TH 20m, pret... Bur, CR & M76, Ist, g. 8896 The Southern State bonds were heavy, with a lower rawze of prices for Virginia consols and the few South Carolina Jnly issues, while the Tonnes- sees and Missouris were only steady. The pew Missouri Asyium sixes were quoted 99 @ 91. NEW YURK HERALD, WEDNESDAY, NOVEMBER 27, 1872—TKIPLE SHEET, ‘The following were the closing prices:—Tennessee, ex coupon, 76a 76; do., new, 7534 a 76%4; Virginia, ex coupon, 47 a 60; do. sixes, consolidated bonds, 6434 a 5536; do., do., deferred scrip, 15% @ 17; Georgia sixes, 78 a 80; do, sevens, 88 a 9; North Carolina, ex coupon, 35% a 36; do., funding, 1866, 28 @ 30; do. do., 1868, 26 a 28; do, new, 21 @ 22; do., special tax, 1334 @ 15; Missouri sixes, 95 @ 95/4; do, Han- nibal and St. Joseph, 91}; 292; Louisiana sixes, 56a 58; do,, new, 50 a 56; do. levee sixes, 50a 56; | do. do. eights, 70 a 80; do. do. eights, 1875, 70 a 80; Alabama fives, 55 a 60; do. eights, 83 a 85; South Carolina sixes, 50 @ 57; do., new, January and July, 23% a@ 2434; do. do., April and October, 30 @31; Arkansas sixes, funded, 40 a.45. STOCKS UNSETTLED AND LOWER. The stock market was unsettled, with an even- tual dectine and a feverish tone at the close. For the first hour or so there was a fair degree of buoyancy and strength, a bequest of the previous day’s activity, but the improvement ia these early Qealings bronght out heavy sales, under which there ensued a decline ranging from +; to 3% per cent (outside of Northwestern common), the greater extreme occurring in the case of Pacific Mail and Northwestern preferred, the latter having served its temporary uses as a legal tender in the proposed settlement of the contracts between GOULD AND SMITH, while the former was purposely knocked about by the Stockwell party, with a view to inducing a new “short” interest. The Northwestern ‘corner’ was relaxed to-day, by the complete, or nearly complete, achievement of its object, and the only settlements outstanding and in dispute are those between Jay Gould and Henry N, Smith, which cannot be brought to issue at the stock Exchange, as neither ot these famous operators is @ member of the Board. The purchases “under the rule’ last night, for account of Drake Brothers, were nullified this morning, and an apology made those gentlemen for the rash and hasty order to the Board to BUY IN THE STOCK. Gould being the aggrieved party, held Garland, Martin & Co. responsible for the stock instead, and had it bought in for their account by Osborn & Chapin, to whom it was sold at1ls0a140. As Gould is a member of tne defaulting firm it is a curious transaction as it stands; but, doubtless, he intends to hold his partners responsible for their quota of the loss incurred by the firm in the difference between the contract and market price of the stock. In our explanation of this matter yesterday it should have been stated that the stock was loaned to and not borrowed from Joslyn, Bach & Co. Like Artemus Ward's Mormon love story, the topics of the money market are oftentimes very confusing, and, like Dundreary, THE MONEY REPORTER is often compelied to unravel mysteries which ‘no fella can understand.” Hence a slip of the pen or @ lapse of the tongue is not a very strange acci- dent, but is still one to which every well-regulated money writer is studiously averse. The final draw- ing in of the Northwestern seine having revealed no further victims of the “corner,” the lines were relaxed and the stock, after the-sales at 140 a 150, was next offered at 104and then at 100. The pool have every share that is in the city, and as their load has cost them all the way from 70 up to 200 (for they had to buy some small amounts from out- siders at the latter price, in order to perfect the “corner’), the extent of their profits is not readily calculated, but is hardly less than two or three million dollars, Perhaps they can sell the stock to the Lake Shore party at 75 a 80 per cent, or per- haps they will wait their opportunity and sell it back to the public. THE PROFITS OF THE ‘CORNER’ have reduced the price of the stock to the pool to about 60 percent. As to the dispute between Gould and Smith, it will doubtless go to the Courts, and many persons think that Smith will havea good chance before a jury of defeating Gould, when he proves the tender of the intrinsically more val- uable Northwestern preferred stock in lieu of the common stock, which he borrowed and was re- quested to return. We believe there is an absence of rulings on the ingenious point raised by Smith’s lawyers, 80 that the custom of the Stock Exchange would be cited for a precedent and have its proper weight im affecting the decision. A somewhat analogous case, however, occurred in Chicago, where a contract to deliver No. 2 Spring wheat was defeated by a “corner’’ in that grade of grain. The seller made a tender of the superior article, classed as No. 1 Spring wheat, and the Courts up- held it as a@ good delivery and satisfactory dis- charge of the obligation. HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest prices of the principal stocks during the day :— Highest, Lowest. New York Central. sree 95 94 Gicve obit 52% 51% Lake Shore 92% 913g ‘abash.... 687 67% Northwestern . 160 100 Northwestern preferred. + 92% 89 Rock Island... 110% 10915 St. Paul.. oe 5215 51% St. Paul preferred. % uty Ohio and Mississippi. 41% 465 Union Pacific 36% 8536 C., CG. and I. ©. aeee 835% 32% Western Union Telegraph. 1836 7 Pacific Mail........0000 91% 87% In Philadelphia to-day Reading advanced to 11614. SALES AT THE NEW YORK STOOK EXCHANGE, Tuesday, Nov. 26—10:15 A. M. $2000 US 5-20, ©, '6°,m. 115 $1000 US 5-20, ¢, "68. .... 11636 10 A. M.—Before Call. ++ 78% 800shs LS & M SRR. i 20 do. 500 shs Western Un. 200 do, 200 17% 400 92 100 i7% 300 921 1100 77% Tw 2 200 1% 70 9 Py A i oa 92 1600 77% 50) oid 1300 7784 £00 wai 500 TR 3 do. 92 KO do. rie 200 Atlan 3 1633 800 do. I7ig ONY C 91g 300° do. 9 200 do. oF 100 = do. 94, 0 do ‘ fi di +6 ey wf 3 M4 ‘3 '* rit aN a rd SEEKS TESS2EL2 Buy Had Rade Phas Wee ABN Tot aay uy sibds.. ‘ol RR 1000 Lake Shore divb %% 100 1000 Clev & Tol s f bds, 1024 5000 Union Pac lstm.. $75, 509 ‘4 6000 do. «oo 3 5000 Chi & 99 100 fr 1000 T.& W Ist, StL div 8045 400 1000 Gt West Ist m, "93.9542 200 hf 5000 Chi&ItTdt Pac 7's. 102 ig 1000 Tol, PAW Istm, ED SSTBTE SESE aKa area ana 1300 800L S ‘ bth tot eee Sueuze 11 Del & 1) Maryi'nd Coal 200 American Coa). Am MU Ex Go, ,.¢ ells-Fargo Ex.be Es8S835) “eeses: FSAI OS 100 Pac M 88 Co. Ww do.. 100 Mariposa Min pref. 4 a © 200 shs Pac MSS Co... 300 do.. “bec 400 200 90% 400 9039 WO oh =| 9% wn 0 200 907 wo o 100 0 i we rz r 600 0 wo 40 89 200 200 Hog 200 100 8875 100 0 iano 400 ts 100 de 200 do. le a5, 40 Pitts, FeW'a C. 100 do. te 803g 100 M & Bt P RR. 200 A 200” do. 109 #97, 6 s Bee 200 90% 100 Mil & St P pf. 100. 17% 100B, H&E RR.be.08 300 17° 200°" do...... ° BM 00 16% 400d 8a 100 16 100 Fy 30 do. 15% 100 do. 8 10 do. WZ 4 Del, L &WRR 6 100 do. 153310 io. 9634 100 U 8 Ex Co. 77% 2)Han & StJoRR: 2 de. 78° 10H & Std pF 200 © do. I7% 100 Ohi 47, 10 do uw IWNYCK 9 7 100 on 300 ow 100 oe 300 94: 200 9 70 9 300 95 200 95 200 076 BRR 12115 and 2:15 P. $5000 US 6's, °81, Mi $5000 US 5-20, c, "68. 50) US S21. Hes tous be 140 4000 US 5-20, c, 11534 2000 U 55's, 10-40, 2:40 P, M.—Before Call. 300 shs West Un Tel.... 773¢ 200 shs M &8t P RR, 100 do “6 is 10 0 4 NW RR pf 83 94 2 % BES: eeeRese PAS S555 Second Board—1 P. M. 00 Tenn 6's, olf bitin on Pac hs OC&l 100 New Cen Co 100 Ti, 300 U Pac: 300 77'4 100 Iilinois Cent 600 Tits 100C & NW pt. 200 ii 100d 400 do 1g 100 Mariposa Mint Go pt 2 aN YC &URR. 6 5 be 4% 9434 200 eH 400 200 do... 100H & StJo RR. 100 hae 300,C& TORR, 300 de 7, 100shs West Un Tel.b3 100 do. 300 SEES A: SEaER SRRRRRRRERR mee 22S ahe Rk EAE Sat tags cere ts aa EEESR ood 500 Kan & Texas RR. 5) Han & St Jo RR 100 do... 50) Ohio & Miss 200 do. 500 di 2 do. 100 lo. 12) do. 300 do. 20,0 &7 BW * do, 300 de 100 do. 600 ao. 50) do. on do. 50 do. 400 do. OLOSING PRICES—4 O’OLOOK P, M. Western Union. 7734 a 7734 Rock Island Facifle Mail... bry a iy St Raul Stain ohh ¢ Han & St Jo pi %* a 95 (Nominal quotation.) ston, H&K Pato, Northwest'n pt. 9 a 9014 COMMERCIAL REPORT. Cotton Quict and Easy; Receipts at the Ports, 29,180 Bales—Fiour Dull— Wheat and Corn Lower=—Pork Nomi- nal—Lard Lower=—Freights Quict— Petroicum Dull—Spirits Turpentine Nominally Easier—Rosin Firmer—East India Goods Gencrally Quict—Metals Quiet and Easy—Wool Firm—Whiskcy Again Lower. oy TUESDAY, Nov. 26—6 P, M. The trade movement was slow to-day in nearly . all departments, the storm putting an estoppel to most outdoor business and acting as a hindrance to mercantile transactions generally. The market underwent few radical changes, but prices as a general thing tended in buyers’ favor when there were any changes at ail, The dealings in cotton were to only a limited extent, but prices showed no material change. At the Produce Exchange the markets were almost universally dull, and nearly all there deait in sold lower. The movement in bread- stuff was especially slow, there being very little demand either from the trade or for export. Flour was exceedingly dull and prices favored the buyer without being decidedly lower. Wheat was dull and lower for ail kinds, the market closing almost nominal under free offerings and almost no de- mand. Corn was also dull and lower, and there ‘Was in consequence nothing done for export that we heard of. Oats were quiet without especial change in prices, Whiskey was dull and lower under full receipts, The movement in provisions ‘was still very slow, and the transactions in pork ‘were confined to small lots at extreme prices. Lard was dulland lower. Freight room continued scarce, particu. larly by steam to Liverpool, but rates were not materially changed. Vessels for charter were inquired after to some extent and full rates wore demanded and gencrally pald for cargoes of all descriptions. Groceries attracted bat little attention, nevertheless there was no material change in prices, Fast India goods were generally quiet, but dealt in to any extent. while spirits were no the turn better, Petroloum ‘was held with considerable firmness. Fenerally quict, and. the tendency of prices in buyers’ favor, Wool has been compara- wort was rather tively quieb but very firm. Asites.—Receipts ior the past three days 9 packages. There has been but little doing singe our last; bus Dot withetending P a9 have remained the same, We quote Pot Boiping Mareitazs,—The demand for brick has been only moderate, but prices are. not. materially chan from those last'quoted, Lime has been in moderate ply and in limited request, a: $1 50 for Rockland coun and $175 tor do. lump. Cement remained quiet and steady at $160 per bbl. for Rosendale, Luths sold quite freely at $2 9) for Eastern spruce. np iy Canpixs.—The market hi tions excepting adamantine, which have sold mod fair ina jobtdng way attull prices. We Sle. a Sie. + patent do., de. dc. paradine, We, a 3lc. ; adamantine, 200. tor 16 07. Corron’on the spot was nezlected and nominal. The seareity of freight room rendered it impossivle for ¢x- orters to operate, while the purchases of spinners were imited to the supply of pressing exigencies. Prices were wholly nominal, and the annexed quotations were surely dec. a Ye. per Ib. above a trading basis at the close of the market, when future deliveries were unsettled and tend- ing downward under the ene of heavy receipts at the stupping ports, ‘The sales reported on ‘Change sum been quiet for all jen up as tollows:— %-Day. Last Evening. Total. Consumption. seers 0D 475 784 Speculation. 26 a sol 1,069 above are 100 bales to arrive. For fu- ‘is low middling) the sales have been as ast evening, aiter three o’clock—Novem- a an le $-16e. ; December, 400 at 19c.. 400 a 80 at 19¢., 100 at December, 100 at 187§c., 100 at 18 13-16e., 200 at 18%0.,, GOO at 700 at ate. January, 100 ai’ 187%e., atl8 13-l6c., 87 4c.) + February, 400 at 19 1-16e., 70) tgc., 1,100 at 19 8-16c. ; April, at “lv7%c., 100 at ae! nd total,” 13,100 pales. up. ‘thus Galveston, "hos Noto,” 204! ‘ forio! + tal, 29,180. | "This This aay last year, 17,158, foreign ports were firm at the ‘tol- lowing figures:—To Liverpool, by steam, 34d. a 9-16d., roe; sail, 34d., no room; to Havre, by steam, Uae. aw Laces sail, Ic:, compressed; to Hamburg, by steam, 4., compressed; to Bremen, by steam, 1c. ; nail, Hac. to Baitic ports, by' steam, via England, n-lea. to editerranean ports, by steam, via England, "11-16d. ‘We di Rates om cotton to amie Uplands, Alabama, New Orleans, Texas. a a 16 19 ing 13 Es 1933 Hi any 2g 203 sare based on cotton in store, running {n et more than half a grade above oF below the ®.—The market for Rie—in fact for all descrip- tions—was very firm to-day, and the tendency was up- ward; still there way a quiet market reported, yet at least ' two cargoes were rumored sold, but we were unable to authenticate them. We quote nomi- nally the same as follows:—Rio, ordinary cargoes, Ibe. ige.; tir, 16o. n Ibhac. 5 goods T7ise. Wi pris, 18e. 18i4c.; extreme range for lots, te. a 1 ie ‘gold, per Ib., Ga Od days, credit; Java (government bigs), idise. a 19¢. ; do., 985 he ad) Singapore, 20,620 do., 160. "a Ibe. ; Ceylor Maracaibo, 5c, a Laguayra, famaten, 14% Domingo, 13 ars. Win, report the stoc! Diled States lows :—Galveston, 1,000 bags; New Orleans, 2,174; Mos bile, “1,600; Savannah, 2,500; Charleston, 2,00); Mampton Ronis, 9,00; Baltimore, 18,298; New York, 27,651—total, Frour axp Grarn.—Receipts—Flour, 20,012 bbls. ; wheat, do. ; cori! meal, 600 bbls, an ; arley, 103,662 do.; rye, 770000. ‘The Hour market was dull, but prices were nominally unchanged. The sales since our last were about 11,000 bble., meltiding all kinds, av prices within the range of the appended quotations. Corn me: ined ull, but prices were not quotably changed. 9 No. 2 Sta $3.59 Superfine st 575 a 625 Extra State 70) a 72 Choice State. +790 a 775 Superfine Western. 1775 a 8B Extra Western. 675 a 700 Extra Minnesota. 2 750 a 900 Round hoop Ohio, si 685 a 70 Round hoop Ohio, t 725 a 80 Family, = 80) a 1000 8t. Lout ext + 700 a 800 St. Louis straight extra. 5 800 a 875 St. Louts choice double exir: + 90) 0 1000 St. Louis choice famil 210.50 a 12 00 lifornii 800 a 850 2 400 @ 500 42 a 525 550 a 625 1725 a 87% + 900 a 13.00 32 a 3% 360 a 365 385 a 390 400 f. 0. b, 6 a 365 10.80 f. 0. b, Wheat was dull and lower, closing at about $1 48 a $1 5i and Northwest and $1 53 for No. 2 Mil- 1e sales were about 50,000 bushels nearly all prime No. 2 Milwaukee, at $1 53, but including a small lot at $1 40 for Chicago, 2 65 a $1 70 for red Western and $1 70a $1 75 for amber Winter. Other descriptions were nominal, Corn was dull and lower, The giles were’ about 115,000 bushels at 62c. for new Western mixed, (3c. @ 633ge. for ee sail mixed and 64c. a 644gc. for Western yellow. White was scarce and entirely nominal. Oats Were quiet, but firmly held. The sales aggregaic only apout 26,000 bushels at 54c. for white, on the track; S2e. for old white State, in store; 6c. for new Western, to arrive, and 49. a 50c. for black Western. Freiauts.—Berth freights continued Vary, guict, scarcity of room being the principal cause. ates remained about the same. ere Was & moderate b ness in charters, genc Kae ishels bales . id. The charters include :—A Norweg! » 2,700 quarters rain, to Cork, for orders, at 7s. 94; an Ame n bark, ) bbis. crude petroleum, at 7s., with cargo of fruit, on private ristol direct, 1,800 bbls. ence to Marseilles 2, and back trom Sici terms; a British brig, hence to refined petroleum, at és, ; a Norwegian brig, from Phila- aeaghin T5 Cork, for ontera 2,000 bole renned petrotcum at 6s, 94. if to United Kingdom, and 7s. if to a Continental port. Gunntes,—There hasbeen a little better inquiry from the South for small lots ot both cloth and bags ‘on the busis of former prices. We heard of sales of 1,000 rolls cloth (Lader Co.'s) at 11}c., 100 rolls domestic at 12 50 rolls‘do. at 12%4c. and. 8) bales bags at l4sjc. W quote :—Bugs, l4sec., and cloth, 12. a 12%c, Hemp ann Jute.—Nothing of importance has transpired inthe market for Ng har prices were pemipally the r same. Manila held at ile. a litse. Jute has also becn neglected, but was steadily held’ at 3c. a 5Yc., gold. Jute butts have been freely dealt in at full prices. The sales since our last were :—1, bales at 2 1-16c., cur- rency ; 500 do. at 23-16c,, 60 days, and 6,00) do., contracts for forward delivery, ai'23¢c., currency. Quoted for early delivery at 2 F160, Hay Anp Staaw.—The receipts since our last have been more liberal, and in consequence the market has been trifle weak, ‘but. as yet prices are not quotably low We quo hiping hay, $110: retail qualities, $1 4 $1 60; long rye straw, $13) a $140; short do., 95c. a $105; oat, Bue. a W0c., and wheat, 75c. a BSc. louasses.—The market remained in the same con- dition as previously reported, and the annexed quota- tions may fed as nominal. We quote :— Old Crop. New Cro; Toate ae prs ee Muscovado, grocer: Porto Ric : hi 20 22e, Be. 28e. 30e. & 380. Wc. 8 7c. 800 a He, 6 demand for copper has been only moder: ato, with prices, if anything, slightly favoring the buyer. The sales since our last tate about 100,000 Iba. of lake, at Ble., cash, and small sales of English, best select, ‘28hc. ite tin has been neglected, and nominally ihe saume,ae before, Unimportant sales of Straits were made at 30¢, a 3044c., gold. Tron was in moderately fair request, but the general market was weak. We heard of sales of 700 tons of Engleton at $47 « $48; 10) tons of Cam- bro and 100 tons of Summerly, both on private terms. Spelter quoted at 6%c. a 6%c. for Silesian, and lead 63c. gold, for foreign. Other metals were quiet and without particular change in prices. Navat Storxs.—On Change, fo-day. spirits of turpentine were very quiet and nominally easier. 613c. was freely bid, but iolders were demanding 62c., te market closing nominally at those figures. Rosin was slight! under more inquiry and mode: offerings. Sales wore made ot 61 bbls, strained at $4; 75 bbls. Ne it $4 20; 25 bbls, do. at $4 25; 100 bbls. No. 1 and pale a and 2,001 bbls. of strained, afloat, at $4. very firm, with saies reported of 40 bbis. a a Oin8.—There has been a light business in some few de- scriptions since our last, but the general market has been Pista and previous figures current. We quote :—Linseed, . # 8Sc. In enaks; crude whale, 68c. . for Northern, 68c, a 65c. for Southern, 72c. tor hatural Winter and 72c: a 750, for bleached ‘do.: crude sperm, $1 45.” $1 60; natural Winter do., $1 60, and bleached, $1 65; crude cot: ton seed, 47¢.; menihaden, 52c. a S6e,' for selected light and 48c. a 5c. for cholce ‘brown. Prrronevm.—Refined continued dull and nominal at 213¢c, asking price. Crude in bulk was likewise dull, but spot was steadily held at 13%c. @ Ie. A sale of '2,000 bbls. for last hulf of December was were neglected, but were nominall; ly at Sle. a 82c, Naphtha was not dealt in,tand quoted nominally at 17!gc. a13!4c. for Western or city. We also note sales of 2.000 bbls of high test ofl for prompt delivery at 2X. at the Creck. The market was very quict, and although reports quote the market unchanged, it fs in, such a condition that definite quotation cannot be given. e Phila. delphia market remained dull, and refined was stili quoted nominally at 26%c. a 270. spot or month. We also Note sales in New York of 2,000 bbls, of crude in shipping order, at 19%c, Provisions.—Recelpts—Beet, 1.711 pac 876 do, ; lard, 1,268 bbis. and tierce: market for mess pork continued dull, ception of a sale of 250 bbls. crop of 187 sold for December delivery at $1425, there Ww. doing except ina jobbing way; 350 Bbls. of mess brough 16. Bacon was in inoderate demand, and rather easier t8.0n the spot; sales 18) boxes z atl4igc, Cases cut meats, W kegs. The 00 boxes long and short cl 41,000 boxes city long clear f onthe on private ierma, Drewed i dull and months on ms. Dre were dull an easier, quoted atsicc. a 6ic, for packing: and ogc. for pigs. eet and beef hams were quiet and without transactions worthy of note. Prices remained the sai me as previously quoted. Cut meats attracted but little attention ; still the: terl Sales 825 city pickle ne. @ Ibe. ; 813: 3 do. howlders, 1% z * plekle d ham 10%¢. 140.5 jo. shoulder; lies, Bigc. oY fresh hams, Re. ake. Tard There was pattitte doing in estern & pressure te sell, the market closed dull and lower. ies 76) tierces new, to arrive, for No- vember del 1 8!4¢., and 500 tlerces for December, at ed at Bec. at the close, Principal for foreign, and the market was steady. Sales tlerces Uarolina at?! To, @ 734c. and 400 Fivate terms. Prices generally ¢ 1 . Refined quoted at 1c. a Wc. for A’s and 12%. for hards, We quote . ine fertor common, Bie. a tise fa a iat, Sige, 0 prime, ige.; grocer: ir to good, ioigors prime ‘to’ choice, Toke, a 10Ye-; centritn: ls. voxes, Ase, and et. Sic. a 9440. melado, 6. Dutch standard, Nos 7 to IAC. ; dow, 13 to 15, 10 126. | do. 19 to 20, 123¢0. @ 1234 White, 1c. a 130, Porto RicuRefining, common to prime, 94c. a L0I¢c. 5 grocery, fair to chole He, a Brazil—Duten Sandan’, Now $t0 12, $40, n fie, Java Dutch standard, Nos. 10 to 1% We. a 13sec, Manila—Superior and extra mporion, Sige. a 94 ‘ALLOW. —The market remained quiet, but there was no Bergentible change in price les were about 900 I 8. 8, At B¥e. for good outside, and 9. for prime ‘onacco.—There has been a freer movement during the past three days in all descriptions and forees c ‘well maintaiiied. Sales were reported of crop (1870) Ohio wrappers at l6c., 50 cases: 12c, a We. ; 1) cases Pennsylvania, crop 1871, of private verms; 100 cases sundries, crop ‘71, om private terms; 333 a T2e,; 200 bales of cases of Ohio, at anction, at M%e. Kentucky at 9¢ec. & Havana at $1'a St 05, and "S00 5 Kontucky was chiefly for the home trade. e past. three days there hay been @ fair business in most deseriptiona, still there activity wi ble last week; then speculators hou. ht auite ireel ing fo a furthor advance, Manufacturers are aud realy fo purchase at recent figures, but show little in the m: willis to pay Righer prices, The sales reported since our \ast were os follows :—10.000 Ibs, mixed wool, 40e.; 10,000 Ibs. pulled, 60e.; 10,000 Ibs. scoured, and foreign, We.n $1 05 {2,000 tba, XX fleece, 7 lambs, 10,000 The. "medium fleoee, 70e. 500 tba. burcy Falk Montevideo, @#2%e.; 15 bags A, G00, do, scoured domestic, + putled, 6230. ;'25 bales Cape, 40e. ; 30 2 WW Dales do. de. a 45¢, 5-150. bales fe. ; Lo bales Fall California, doc. ; 25 do., 000 Ibs, M, ideo, on private Spring Californs, : 80 bales Banda eoured Nevada and 24 dates super pulled ate terms, eY.—Receipts, 1,005 bbls. The market, under heavy rece} and free offerings, was lower, with A me se erepreis te eee Sales 350 bb's. at a chiefly at ie inside price. We also Sales of 1,000 bbis, alcohol, for export, ac aso ® “#0 Hote DOMESTIC MARKETS. GALvestow. Noy. 26, 1872, Cotton firm; food ordinary, 16%e. @ 176, Net receipts, 3,570 bales, les, 1,200 bales, Stock, 677 bates. Naw Onueans, Nov. 26, 1872. Cotton in fair demand ; middlings, 193¢c. 10, 209 Dal Net receipts, Great Britain, coastwise, 1 bales, ross, 11,270 bales. Exnorts— % fH the Continent, 3916 baler: Dale. Saes to-day, 1,500 bales; last evening, 950) Stock, 138,620 bales, pi Cotton firm: low middlings, 18k. ; Net receipts, 2965 Dales. Exports @oust Bales, 5 bales. Stock, 27,283 bales. Cott fet, rood grad Amida Nov. 36, BT ot Potton quiet, go les scarce; middlings,, e receipts, S304 bales. Sales, 2187 bales. Stock, 75,786 bales. Cnanuraron, Nov. 26, 1872. Cotton steady, in fair demand; middlings, 18ic. a Wye Net receipts, 2216 bales. Sates, 1,000 bales, Stool 80,864 bales, Lovisvitus, Nov. 1872, Tobacco firm. Bales very tighten NOY RUPEE Nov, 26, wi Lake imports—Flour, 5,559 bbls.; wheat, 58,925 bushels; corn, 109,000 do.;_ oats, fo. ; barley,” 27,800 rye, 2000 do, Canal shipments—Wheat, 15.182 bushe corn, 8,100 do, 12,031 bushels; 6000. rye, 2,000 A813 bakers’ a $900. Wheat lowe ee No. 2 Spring at $1 3391 *hicago iI shipments from elevators—Wheat, corn, 25,250 do; cate, 16,110 do. ; barley, do. Flour dull; Western 7 a $7 50; amber, $3.50 a $875; white, + sales of 8,000 bushels Mitwan: oted ; Milwaukee No. 2 Spring 132; white at $1.82 a $1 33: Michigan, $170 a $1 ulet; sales of 7,500 bushels at for No. 2 Toledo; Western, 37¢. Barley bushels Canada at Western quoted ‘at 8c. « Rye quoted at7ée. Barley maltquiet; Winter Western, $115 a $1 20; Canada, $126. Other articlesunchanped, Osweao, Nov. 26, 1872., Flonr steady and unchanged; ales of 2,500 bbls. at for Nov 1 Spring, $9 for aniber Winter, $9 75 tor White Winter, $10 50 tor double extra. We dy es Of 2,000 bushels No. 1 amber, nein $1 70; do, com- mon white Canada 1175; 1,000 do. white State at $185, Corn dull; gates of Wo cars’at 58c. ; one car at 67c.; one éar at Se.’ Barley duil; sales of 5,000 bushels Bay Quinte ‘at $105; 10,000 do. selected do., part to arrive, at $107. Corn meal, $1 25 for bolted, $1 24 for unbdolted, per cwt. Millfeed unchanged; shorts, $17; shipstufts ‘$19; mid- ings, $21, per ton.’ Canal ‘freights—Corn, 1c, to New York.’ Recelpts by lake—2,600 bushels wheat, do, corn, 146.000 feet_ lumber, Shipments by nal—4,000 bushels wheat, 30,709 do, corn, 24,000 do, ‘harley, 357,010 feet lumber, Amount of grain on the canal trom Oswego te Buifalo for tidewater yesterday noon, as near as can De ascertained, was:—553,00 bushels wheat, 900,000 do. corn, 36,00) do.’oats, 517,000 do. barley, 82,000 do rye. Cnrcaco, Nov. 26, 1872, Flour dull and unchanged. Wheat dall and lower at $1.17 a $119 for No. 1 Spring; $1.09 for No.2 Spring, cash; seller December, $1 083; No, 3 do.. x a 8%¢. Corn quiet and weak at Si%e. a! xed, spot; Sle. a 3Lc., seller Docemb 24c, Oatsin good demand at 2 roldoted, 2te, a 2s. "Rye firm at rm ve $13 a $13 . 2 Fal apot; $1225 a ber. Lard steady quiet at 4c, a l0¥a: 1036 for No. Barley steady at seller Decem- ‘ams in_ pickle for un- ulk meats—Demand light, holders firm; sales from 15 to 26 days in salt, at 4e.; long clear short rib middles, 6c. Whiskey quiet Freights—Corn to Buffalo, Wise, . flour, 47,000 bushels wheat. 57,000 do. corn; 36,000 do, oats, 4,000 do. rye and 27,000 do. barley. hipments—4,1100 bbls. flour, 23,000 bushels wheat, 18,000 do, corn, 38,000 do. oats and 6,000' do, barley. EUROPEAN MARKETS, Loxnon Mowry Manx pox, Nov. 26—5 P. M.— ton josed at, 923, a 2% for money und 2% for the United States ten-forty bonds, 8734; new fives, 88! ; Erle Railway shares, 41g. Noy. 26.—United States of 1862, M.” Pork $i2 30 at 7c, spot. reen hams sold at 7e. a 7330, Heavy to medium; other green meats quiet and RANK FORT BOURSH.—FRANKFORT, five-twenty bonds, 96! tor the iss Liverroor, Corton Manxet.—Livenroon, Nov. 26—5 P. M.—The cotton market closed firm. | The sales of the day have been 12,000 bales, inclnding 9,000 for speculation and export, Sales of middling uplauds for November at Trape 4t MANCHESTER.—Liverroor, Nov. 26.—The mar- ket for yarns and fabrics at Manchester is duli, but prices Are not quotably lower, Liverroou Breansturrs MARKET.—Tiverroot, Nov. 25— 5P.M.—The receipts of corn ut this port for the past three days have been 7,500 quarters, including 5,000 American, ‘The receipts of wheat at this port for the past three days have been, 75,000 qus including 50,000 Americai. The market issteady. Wheat, 18s. 8d. 0 13s, 64. yer cental for club California white ant Ms, 10d, tor red iter. eRPOOL Provistoxs MARKET.—LivERrooL, Nov. 26— L d. ir cwt. Vv. 26—1:30 P. Mow, 4b. 6 i Prrroveum Market,—Anr 53f. for tine pale American, SESH BINANCTAL. AM JAY COOKE & CO., BANKERS Wo offer to investors the FIRST MORTGAGE LAND GRANT BONDS of the Northern Pacific Railroad pany Attention is called to the ample real estate security on d, in addition to the tisnal ge on the Roa, its equipments the Company thus far sold p Epecial attention. is 1 xeourity on which these bonds sual guarantee or a first mortgage on the road, its equi the company thus far sold have The grant averages about 23,000 a property; other fu nant to buy Tm 9 New York Post of A WMONEY,TO LOAN ON BOND AND MORTGAGE «in New York, Brooklyn and New Jersey. Princi- pals only apply to SAMUEL 3, WOOD, Jr., 155 Broadway, room 10, A (OVERNMENT M OF $59,000, WITH PROOFS all in and passed upon and must soon be p Ad- versity compels me fo sell; small part cash, halance in good property, Address GOVERNMENT, Herald office. OTICE 18 HEREBY GIVEN Mariposa Securities that to take the Marinosa Land and ) Will close on the 30th inst atthe ofice « Land and Mining Cotapany, 34 Wall street. 10 BER, SENT, RONDS;GUARANTERD BY THE Nebraska City National Bank. Value of vroperty, $15,000,000, THOS, P. ELLIS & CO., Bankers, 14 Pine street. D IMMEDIATELY.—$190 n and security of five Address #MERGEN- 4 OR $3,000 WANTE: $2,000 Seni etl teat mes the value (part real estate). CY, Herald Uptown Branch office. $4.000.-%4 safe,” Address W. 4 ¢ ) OA ()—810.0m, _ $5,000, $20.000-SicP ut cond Mortgages wanted, RU Cedar street, Notary and Commis and Territory. $23,000 A prov 0. A. BILLS, No. 635 WANTED—ON FIRST MORTGAGE ON $50.00! strictly first class improved real estate in this city, worth at least four times the nmount. Ad: dress BONDSMAN, box 124 Post office, No brokers noticed. ; SECURITY ine absolutely 1 to ), $1.00 AND buy mortgages: K. McHARG, 77 for every State city. Apply to S20) ( TO LOAN OR BUY MORTGAGES— ‘ork, Brooklyn, Westchester and New Jer Also M ithout bonus. PAUL P. TODD, 55 Liberty # one _____ COPARTNERSHIPS. Br MUTTAL CONSENT THE FIRM OF BAKIN & Greene ihave this day distolved all conartn nip. FRANKLIN GREE satiated THE NEW YORK COTTON EXCHANGE AND THE AGRICULTURAL BUREAU, The appended correspondence between the Com- mittee on Information and Statistics of the New York Cotton Exchange and the Agricultural Bureau at Washington indicates, according to. the view taken by the Exchange, that the Bureau have pur- sued an imperfect method in not taking the wrap- ings of cotton into consideration. The calcula- ions of the Exchange make this crop about two hundred thousand bales more than the Bureau's estimates :— New Your, Nov. 26, 1972, The November report of the Department ot Agriculture has been carefully considered by this committee. The Most important figures havapaes tabulated ag ‘toys - G i. No.of Per Acre. No, of Ube, eran ie A Be 173 1,958,517 182 103,358,644 130 (039,530 125 37! 10 wy 5 m0 170 190 82,0 1,600,816,316 The following despatch was sent to Washington Monday morning: +s ai Boar, Department of Aerieuliure, Washington, tha ve pounds is probably a fatr ercial bales, Gut that ron bands. and onl Dapaniwert oF AcurcurtonE, | Wasnixeros, D. ©., Nov. 25, 1872. Mr. ©, A. Easton: Sir—As (0 (he (are, Tthink it was generally Inctnded in the local estimates, it always being counted im the sale, of acreage, showing the inaications of ducts on the Ist of 5 and included as cotton in any estimate made. Iftnereis exi weration in these returns it is dsual'y im the estimate of the yield per aore, which is apt to be high, ay @ rule, whether the crop be corn, wl cotton. Ak our acre: age Was 0} 1 i from elaboraie returns of yield per connection — with the total “product follow that the rate of production being too high, area, would be made too low. a enn tna y. Ihave tor some’ time thought that the actual area cultivated, or planted with intent to cultivate, is hut larger than our current estimates, and the actual averave of the yield correspondingly lest than the figure reported, ‘axe apt to exclude the area of virtual failure in eu\tiva The accompanying table is a deduction from our No- vember returns, in connection with our previous returns robable pro- Kespectrulty is ODGE, Statistician. jovember. THE SEVENTH WARD DANGER. Pee URES, The Consternation Among the Teachers | RST CLASS TM- | | many, if not all the | Teason for his flight has come tu light. and Pupils of Schoo! No. 2—Frequent and Unsuccessful Appeals to the De- partment for Repairs—OfMficial Reports Sustain the Herald’s Report of the Danger Threatened. The condition of the Seventh Ward Grammar School as described in yesterday’s HERALD has at- tracted much attention in the ward, and the re- porter yesterday conversed with a number of teachers and Mr. William Colligan, one of the trustees, all of whom sustain the truth of the published report. Indeed, Mr. Colligan declared that the danger had not been fully described, This gentleman is one of the most active trustees in the city, de- voting his entire time to visits and inspections of the schools, and, consequently, he is popular with. the teachers and fully conversant with all the needs of the scholars. He charges that the Com+ missioners of Education have long known of the dangerous state of the buliding, declares that he. has time and again, Smciaty and verbally, urged the condemnation of the bull ioe n and the erection. of a new one, and on one occasion carried to one of the Commissioners a specimen of the Saillng an inch and a half thick, that had fallen. Failing to get any satisfaction he requested Inspector Moves of the Building Department, to condemn the ceiling, if not the building. As proof of this the reporter was referred to the minutes of the local board, where he found many records ex- tending back far as 1864, showing that the omicials considered it dangerous to life. Among bg aie is the following under date of April u Cored ‘ ‘The clerk was further instructed to send a communt- cation to the Superintendent of Buildings complaining of the condition of the schools of this ward for the want o! proper repairs and that numbers 2 and31unless attended to Hnmeatnechy, Will be cloved by this, Board, a they are in @ condition dangerous to both teachers and pupils, The minutes and the books of the schoo! show that in July, 1864, Trustee Collins visited the school and found so many children almost suffocated in the illy-ventilated class rooms that he promptly dismissed the children. On the 13th September, 1871, the ceiling of the playroom fell, ant the minutes show that Mr. Haggerty, the principal, reported the danger to the Board and made requisi- tion for repairs. In December, 1864, the Building: Committee examined it aud found it unsafe, yet no repairs were made. Messrs. Bell and Ingergoil. were there in March, 1869, but they refused to repair the building on the plea of want of funds. Coming down to later periods the minutes show that Trustee Colligan in February of this’ ear moved a resolution calling fora survey ani its condemnation, Onthe 7th of that month the local board asked for a new building, or repairs that would render it safe; but the excuse, he says, has always been a lack of money. By request of Sanitary Inspector Sullivan, of the: Department of Education, Principal Haggerty made, on September 3, a detailed report upon the dangerous condition of the building, and it was! placed in the hands of Commissioner Sands, In that report he declares that tne present school’ officers lor the past twelve years have repeatedly asserted and informed the Commissioner of the need of careful attention to the condition of the building, and have asked for a new building or a complete remodeling of the old one, yet all attempts have proved unsuccessiul. He declares that the ex- pense snd method for storing wood and coal ts un- suited, that the means employed for Janitor Kelly to hoist the wood from the girls’ yard. is dangerous ¢ that the janitor’s rooms are unfit for human beings to live in, and in Winter very cold. The report condetnns the ceilings. The report states that the play room is In @ very dangerous condition, the cellings broken and the general arrangements sw dangerous that orders were given to prevent its! use; so crowded was the school, however, that th play room had to be used again. The repor' comments very severely upon the wretched ventil~ ation of the class rooms, declares that the heavy\ celling of the assembly room has fallen on four different occasions, and is Mable to fall at any mo~ ment. The rear stairs are condemned as too nar row, and accidents, the Principal reports, are only’ prevented by the most rigid discipline and watch~ fu'ness. In concluding the report Principal Hag- gerty says that a new school is greatly to be preferred. and the property on each side can ba had at @ reasonable price. Ifthe school was en tirely remodelled, wings added, the yard built over, inconveniences and danger threatened, in his opinion, would be removed, From the above it will be seen that all the states ments of the reporter are fully borne out, not only’ by the official report, but by the teachers, and the’ Commissioners of Education, in the face of frequent’ ‘gent appeals of Mr. Colligan and others for, ‘4, cannot plead ignorance ofthe danger. As yet no children have been withdrawn, but many parents will doubtless retive their children if the Bullding be not at once placed in a sale state. ‘Trustee Colligan reports that Grammar School Ni 12, in Madison street, near Jackson, is fully as bak | as tls one, THE MISSING MERCHANT. ‘The search for Mr. George N, Peay, of Louisville, Ky., who so suddenly disappeared in this city on ‘Thursday morning, the 13th inst., is still continuca, by the police. The gentleman’s whereabouts is ad great a mystery as ever, but something very like @ It now ap pears from facts discovered by the police that Mr. Peay, instead of being the wealthy man he alway¢ represented himself, was in reality in very embar- rassed circumstances. Fora long time he kept & cash box at one of the principal banks in Louis< ville, which he represented contained bonds valued at $25,000. This box has been opened under art order of Court and was found to contain only am old account book. So very suspicious @ circum: stance led to a iurther inquiry, aud the polica found Mr. Peay was by no means in a solvent con- dition, The gentleman who fad entrusted hin with the settlement of some business in New York at the time Mr. Peay was starting for this city stated to the authorities that while Mr. Peay wag in New York several checks were sent to him for the money necessary to liquidate the outstanding debts, but that cach one was retarned, with tne message that they were by teers drawn. When Mr. Peuy sent the last check back he desired the people in Loutsville to forward him a dratt for ne- gotiation instead of checks, This request was com. pled with, and the instrument reached its desti« nation in due course. Mr. Peay having kept the dratt in his pocket for several days with. out using {it as he was directed and had undertaken to do, Mr. Van Ingen, one of the parties who was to have received & portion of the.money, became alarmed and tele« graphed to Louisville. Upon this the drait wag stopped, but Peay had already drawn the money from a gentleman to whom he had been introduced named Courtney, living in Brookiyn. This was the money he had in his Pperensions at the time of the disappearance, and it is impossible at the present moment to tell how much more he may have gathered from other sources, The police are of opinion that Peay has fled, and the only diMeulty before them now is to find out where he has gone to. Captain Irving inclines to the beltef that he bas not yet gone far away from New York, and De- tectives Tilley and Heidelberg are still kept search- ing the city. It is more than probable, though, Mr. ten 3 is still alive (and these recent developments would seem to as- gure the public that he was not foully dealt within New York), he has escaped by some of the Southern trading vessel He was certain! preparing for something of that sort by the assi- duity with which he followed up seafaring men. As no vessels usually leave port at the hour at which Mr. y disappea: there is still good ground for Captain Irving's theory, and, if the gen- tleman si id be found in the city it will certainly be a substantial triumph for the police, Mr. Peay was much more likely to fall into bad company at haif-past two o’clock ju the morning than to find a train to carry him to Colorado. His friends stoutly deny that he could beled astray by persons of bad reputation, but they also were con- vinced he was murdered, and the police think on both po nts they were in error. ie search still continues and the new features developed asd, it possible, more interest to the case. At pt to Rob a Safe. At alate hour on Tuesday morning Thomas Dak ton, a young man only about nineteen years of age, was detected in John McMulien’s coal yard, on the corner of Forty-third street and Eighth avenue. OMicer Linden, of the Twenty-second precinct, found a small clock in the yard, which Dalton had stolen from the office, which he had broken open. Yesterday Dalton was arraigned at the Yorkvillo Police Court, before Justice Bixby, who, on the evidence of the officer, held the accused for trials Subsequently it was discovered that an attempG had been made to burst the lock of the sale that was in the ofice, and which contained considerable — mi The impiements used! were a stonecutter’s matiet and chisel, which were found concealed in the yard. OMcer Linden is in~ quiring into this new phase in the c and wil report this morning in Court with sufficient evi« dence, as he thinks, to show that Daitom, and probe ably others, attempted to rob the safe