The New York Herald Newspaper, November 30, 1872, Page 9

| | | | FINANCIAL, AND COMMERCHAL, An Easier Feeling in the Money Market. The Rate on Call Recedes from 7 Per Cent Coin to 5 Per Cent. A FURTHER DECLINE IN GOLD. ‘Consequences of the Reduction of the } Bank of England Rate. Consols Firm and United States Bonds Buoyant in London. ACTIVITY. IN PACIFIC RAILROAD BONDS, te Clique Maneuvres and Manipulation at the Stock Exchange. THE LAKE SHORE SPECULATION. ‘Another Rod in Pickle for a Victim of Northwestern. Gould and Smith, Pacific Mail and Stockwell. WALL STREET, Frupay, Rove 2 0PM.) On Change to-day cotton was éasy, but not -quotably lower. Flour was quiet and casy, and cotton active and firmer. THE DRY GOODS IMPORTS. ‘The total imports of foreign dry goods at this pert for the week ending November 28, 1872, were $1,230,080, The amount marketed or consumed during the same period was $1,338,567. THE FOREIGN MARKET, As anticipated previous to the Thanksgiving holiday, the Bank of England’s minimum rate of discount has been lowered to 6 per cent, the gction of the directors being all the more signifi- vant of easy money in the London market, as they were doubtless quite careful to make the reduction only after suficient assurances that there would be noimmediate iuture necessity for restoring the rate tothe standard just abandoned, The flow of bullion in favor of London is illustrated in the gain by . THE BANK OF ENGLAND of £1,753,000, or about $9,000,000 of our money, the past week. The Bank of France is also a gainer this week, the extent of the increase of bullion in that institution being a million francs. In quota- tions we have the result of the two days since Wednesday. Consols are firm at 92% for money And 02% @ 93 for the account. Our 67's have jumped to 94a 944, and an advance of 14 a % per Cent has also occurred in the ten-forties aud new fives, In Paris rentes close this evening at a farther improvement to 52.97, MONEY EASIER, ‘The money market was easier and the highest fate on call was 7 per cent coin interest. As the day wore on the offerings became more plentitul, and by a quarter to three o'clock loans had been made at as lowas Sper cent, the last dealings being at 6per cent andthe market closing 5a6 percent. The Treasury has called in a further ten per cent of the six millions of money on special deposit with the Bank of Commerce and Fourth National Bank, and those institutions have con- Jointly paid in about six hundred thousand dollars to the Sub-Treasury in this city. The special deposit has been reduced to ubout $4,250,000, Mer- cantile paper was in better request, but wituout modification of rates, FORBIGN EXCHANGE UNSETTLED. The news from London of the reduction of the Bank of England discount rate induced a weaker feeling in sight sterling, and the leading drawers of foreign exchange lowered thety rates an eighth percent. With a subsequent active demand for bills, arising out of the lower ruling of goid, the game drawers restored the sight rate to 110, and putup the sixty-day rate to 10344, actual business being at a concession of 1%. The market can be quoted firm atthe concession. ‘The following shows the range of quotations :—Sterling, sixty days’ com- Mercial, 10734 a 10834 ; do., good to prime bankers’ 10834 0 10834; do., short sight, 100% a 110; Paris, sixty days, 5.3054 25.30; do., short sight, 5.2 5.25; Prussian thalers, 70; a 7134; Antwerp, @ 5.2734 ; Switzerland, 5.324¢ a 5.4714; Hamburg, #053; Amsterdam, 3044 a 40; Franktort, 403, 40% ; Bremen, 94 8 9434, GOLD LOWER—1)2% A 11274. The gold market opened weak and underwent a decline trom 112% to 1124, the dealings at the latter quotation being quite nomiual, however, ‘The decline occasionen a reaction by its own effect in inducing a more active inquiry and stifer rates for sterling and the price went back “e 124, the recovery being helped by the advan «4 govern- ment bonds in this market to figures which put an end for the present to buying for exportation to Europe. The Sub-Treasury patd out $150,000 on account of iaterest on the public debt and $21,000 on account of redeemed five-twenties of 1862, The | course of the market is shown in the following table :— GOLD FLUCTUATIONS. 1 23 112% 3 P. M. 112% 4PM. 1124 a ita: P.M. 11235 oi the gold Joan “market the rates ranged from 7 percent for carrying to 1-32 for borrowing. The operations of the Gold Exchange Bank were as fol- lows:— Gold cleared... Gold balances. Gurrency balances THE RAILROAD BO} The chief feature in the railroad bonds was a ip advance in Union Pacifics, the first mort- gages rising to 88%, the land-grants to 765; and the incomes to 86%, the last-mentioned being held at the close at as high as 87, The following were the bids as they ee after the two calls:— New York Cen Os 19.. 91 Chic & NW Ist m New York Con os 18: Han & st J i Ore Cen Oye. s Dein tack ew Kew an Gen Gs, wp. =EE> ‘SF So $ 26 bi insula St Louls & Mila StP Mila st P Mil & St Pr Mil & St Pi | MILA St Chic & M Col. Chic & Cok Chie & Itc PI mn * Tol, Peo & W, WT a | ol, Peo & W 2d 180 | 864 Tol P & W con 7's...... 75 N York AN Haveniis.. 98 Bur, © R& M75, Ist 2% SOUTHERN SECURITINS FIRM, 1 There was very little doing in the Southern | Stave bonds, but the tong of the market was | | firmer. The Virginia consols sold at 65, which continued to be offered for more, and the new South Carolina October bonds at 30, the July issues being better, at 24 a 23. The oid North Carolinas are growing scarcer and were held this evening at 38 The following were the closing quotations:— Tennesseo, x coupon, 75% & 76; do., new, 75% & 76; Virginia, ex coupon, 43 & 51; do., registered stock, old, 39 a 42; do., sixes, consolidated bonds, 55 @ 65%; do., sixes, deferred scrip, 15% a 17; Georgia sixes, 70 @ 80; do. sevens, 87 a 90; North Carolina, ex coupon, 36 a 38; do, to North Carolina Railroad, 47 a 50; do., funding, 1868, 27 9 30; do. do., 1868, 25 & 28; do., new, 21 a 23; do., special tax, 14 @ 16; Missouri sixes, 042%5 a 96; do., Han- nibal and St. Josep, 9144 a 924; Louisiana sixes, 55 a 58; do., new, 50 a 56; do. levee sixes, 50a 60; do. do. eights, 70 a 80; do. do. eights, 1875, 70 a 80; Alabama fives, 68 a 62; do. eights, 82a 85; South Carolina sixes, 50 a 55; do., new, January and July, 24.8 2414; do. do., Angust and October, 208 30; Arkansas sixes, funded, 40 a 45. GOVERNMENIS BAMPANT. The government bond market was buoyant and prices generally advanced despite the lower price of gold, 0 that, in estimating the day’s improve- ment, it is necessary to add to the actual advance in quotations the amount of the decline in gold. Tius the '67’a have risen to 11614, against 115% 01 Wednesday, while gold has gone off from 112% & 1127% to 1124g a 112%, taking the last quotations of the two markets on both days. The '67's are therefore 3; per cent higher than they were on Wednesday, which fact is more patent in the Lon- don quotations than in our own, owing to foreign prices being based upon A COIN STANDARD of value. The '62’s and older bonds, which are nearer the chance of early redemption at par in gold, follow the fuctuations of gold more closely, but on this occasion have resisted that influence 80 much as to show but a trifling reduction from previous quotations. The currency sixes have risen to 114%. The following were the closing prices:—United States currency sixes, 114 a 1144; do. do., 1881, registered, 116 8 116%; do, do., cou- pon, 116% a 116%; do. five-twenties, registered, May ana November, 112% a 113; do. do., 1862, cou- Pon, do., 112% a 113; do, do., 1864, do. do., 112% & 118; do. de., 1865, do. do., 113 a 118%; do. do., 1867, registered, January and July, 11514 a 11524; do. do., 1865, coupon, do., 1153; 115%; do, do., 1867, 116 a 11644 ; do. do., 1868, 1155; a 115%; do., ten-forties, registered, 108%; a 10854; uo. do., coupon, 108%, & 10854; do. fives of 1861, registered, 10024 @ 110; do. do., coupon, 109% a 110, STOCKS FEVERISH AND STRONG, The frst response ef the stock market to the news of the reduction of the Bank of Kngland rate of discount—a contingency on which had been based so many hopes of an active advance in stocks—was quite a disappointment to the street in the first hour or so of business, during which period prices slowly declined, imparting a weak appearance to the market, and greatly discourag- ing the outside speculation for arise. This doubt- less was a result of the clique strategy, by which stocks are now 8o largely controiled, and was part of their programme. When, however, the cliques gave over the effort to depress and sought to buy, the market rapidly advanced, so that in the BACKING AND FILLING of these professional operators it was subjected to intermittent fits of strength and weakness, ac- cording as it was led in one moment by the BUOYANCY OF LAKR SHORE or depressed the next by the active weakness of Pacific Mail. As a whole the result was the achievement of a standard of higher quotations, the advance for the general list ranging from \ to % per cent, outside of the two features just spect- fled, and others which were the subject of wider fluctuations, The pool in Lake Shore are the Clark-Schell party and Jay Gould, whose interests have been closely affliated ever since their alli- ance in the Northwestern “corner.” Lake Shore was, in fact, sold out to a large extent by the Clark party with a view to get MONEY TO HELP JAY GOULD in that famous “corner.” The earnings of Lake Shore are likely to aggregate $17,000,000 for the current year, and as the dividend of 4 per cent will be Que withim the next two months the present speculation has been undertaken to put up the price to a point at which it will stand the removal of the dividend and continue to look very cheap for an 8 per cent dividend-paying stock when the dividend 1s taken off. The price to-day ranged as high as 95—an advance of 13¢ per cent. New York Central, sympathizing with ths general activity in the “Vanderbilt” securities, ran up to 957%, and Union Pacific and C. C. and L C., which are like- wise, definitely or indefinitely, classed in THE SAME CATEGORY, were equally emulous of advancement and under- went a generous improvement. The exception to the general drift, and persistently weak spot of the market, was Pacific Matl, which was treely sold by the Stockwell party and lowered from 88 to $434, with a view to exciting a specuiation for the decline. Itis also said that the Jay Gould mem- bers of this clique have “gone gunning” for the “Jong” stock which Henry N. Smith is reputed to be holding, to the extent of about 60,000 shares, and which was bought by the latter a few months agoina compromise with the Stockwell party, who had him heavily “short” of Pacific Mail and | could have forced him to settle at a most DISASTROUS LOSS, but preferred to let him cover on the condition that he went “long” 50,000 shares, half the profits of a future rise to go to Stockwell and all the losses to be borne by Stockwell should Smith carry the stock six months. So, at least, the legend runs, The present movement is said to have for Its object the depression of the stock to a point which will compel Smith to sell out the 50,000 shares, owing to the exhaustion of his margins, whereupon Stock- wells guarantee will expire by reason of Smitn’s failure to hold the stock six months, as agreed upon in the terms of their mutual contract of speculation. The other weak feature was Erie, which opened at 53%, but went off to 53, owing to sales for account of THE LONDON MARKET, which, though higher than on Wednesday, was still below the market here. There were active deal- ings in Erie pending these fluctuations, and the ubiquitous Jay Gould was also reported to be operating in this stock, depressing it purposely in order to buy a controlling interest, re-clect himself President and gratify a personal ambition to wipe out the disgrace of his notorious ovor- throw from that position. Wabash, which {s to retrieve the heavy losses of Daniel Drew on North- western, advanced to 70%, but toward the close dropped to 69%{.. The sudden death of Mr, E. C. Frouk, an old member of the Board, was an- nounced this morning. The Governing Committee will take appropriate memorial action to-morrow, and meantime the flag of the Exchange building is flying at half mast. 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 941g Erie...500+ 8 rt Lake Shore. : 95 93% Wabash....... . 70% 60% North Western. « 864, 85 Northwestern preferred. 1 90% 90 Rock Ieland iL 100% « 54 53% +76 76 + AU 46% + 81% 365 €,, C, and I, 6 Big 33% Western Union Telegraph 1% 11% Pacific Mall. .......c0006 88 Hid In Philadelphia Pepa a was steady at Tm SALES AT THE NEW YORK STOOK EXOHANGE Friday, Nov. 29—-10:15 A.M. - 10000 US 6's, "81, bh Py 116 $45000 US 5-20, c,°67.... 116 Saat se 6. ‘be 10% BHO do... + 116% ‘BUD0 US 5-20, ©, "08..+++6 MO%@ 10 A. M.—Before Call. Byanewe retort Ui ax se ; 4 eC = 8 ssa88 * g ‘Co. oti ecapoenesce: seseage e2ke, 5 S SSee: = SsQ SEseee! hoa Me 88% ci 3 ze -< Se Si 7 4 10000 Lake Shore div b 1000 Cen. hay dy 2 be i 00 Wow Union Pa PREIIN TE: ASS lt cs ts SECResee b agi Vn BI 13 Shoe 10 Continental Bank.. 89! 2v Fourth Nat Bank, 100 Chant Bank Ex Bauk eeeeeeserssr Be Me ne +4 s SESESESESESE cake Roa Zz < Aas AIAIIIIIAVTAISAIA ES! esereess: SSESSESEE; Seuee eS ES: See SEeeezseeseeee 12115 and 2:15 P. at te ey ee ©, ‘67. 13:50 P. M.—Before Call. . WS Pe oro eM ER, o wo do. 1000 Union 100 T, W & 100 do. $10000 S C6’, n, A & O. 400) Mo 6's, Asyium Db nay Un Pac do. 500) Mich Nous? 100 shs Con C of Md. New Ven Uoal x SS Bae rae #! eR aS ESS emaeyesequqen rae 20 do. 400 Harlem 100 shs New Cent Coal, 47% guo West Un Tel.....b3 Fi 2:30 to4 P. M. 200shs LS & M SRR 100 do. 500 do, 209 Mil & StP RR 4500 Union Pac RR. 800 « 100 L8 a OLOSING FRIOES—4 0 O'OLOOK P. M. Western Union. 77; Quicksilver eee \s-Fary U8 Express... 79 Pacific Matt. NY Central, Receipts at the Ports for Two Day 38,483 Bales=Flour Qulet—Wheat Fasy—Corn Firmer— Sugar Quict—Coffee Active—Pork Nomi- nal—Lard Steady—Petroleum Nominal= sin Firm=—Seeds Ac Goods Quict=Metals Dull—Wool Quict—Whiskey Firmer. Fripay, Nov. 20—6 P. M, The trade movement was fair to-day, though there wae more invegularity im the merchaudiae | with ses toported of Lye markets than for some the receasion of the gold premium having dency to unset! values to some extent, The weather was also Unfavorable to an active prosecution of outdoor business, and had a tendency to restrict business. Nevertheless, the business of the day presented a fair aggregate, considering that it was nearly the close of the week, and taking into account the other adverse influences. At the Produce Ex- change business was fair tn certain commodities, but very small in others, Fiour was quict, although there was some inquiry for export, which led to some business, Wheat was less active than on Wednesday and prices were a shade lower at the close. Corn was more active, both for lots on the spot and for for- ward delivery, closing firmer at 64 bid and 66 asked for January delivery. The receipts were very large, both of wheat and corn, bat there was no pressure to sell, and @ large amount was ordered to be put in store. There was rather more disposition to deal in whiskey, and the market was accordingly stronger, The pork market was entirely nom- inal, purchases being deferred until aiter the Ist proximo whenever it was practicable to do 80, when, it is expected, the “corner” will have been turned. Lard was dull and a further concession was made, with- outeliciting much response trom buyers. Petroleum Was inactive, but held nominally at previous figures. Spirits of furbentine ‘was quiet and casy, but rosin was in fatr dewand and firm. Groceries remained quiet, with the exception o coffee, which was deait in to 4 consider- able extent, the market strong. East ‘ndia goods remaimed quiet and unchanged. Linseed has been. iM active demand gince our last and Mion ed firmer, Metals were very Gina a transactions unimportant. WReumee Receipts for ihe past thrce days, 81 pack SKS. —Kece! for tl oy ree da: ac ence The mar«ets et hoes under tah ‘Tecan ait & : fair de- mand, ruled Sener We quot i were not sought after and rénhaed e Buttoine TKRIAL,—The di limited since o1 a 7; North * $b a gue ana? Philadelphia River, $74 front, from yt, Lime was only in moderate request, bui at $1 50 for Reskinsy common 1 75 tor do. lump. ‘Cement wag quiet at $1 60 per bbl. foc howeadue, Pathe sold at $2 5u (time) for MMaauern CANDLES.—The paarkss, wor quiet for all descriptions, but prices were steady, We quote :—sperm, Ble, a Bhe.§ patent do., Adc. a 480. + paraiino, We, @ Slo. 7 stearic, 280, 290.5 A Fine, Be, De, 16 0%, et for Rio’ continued very ita inued ood demand, Tho sales ae. OBE 3 Foreninegan : 1,600 bags, ©: jab ah ox Dusk Swart 6, at New Urlean fom Ordinury cargoes: at do., and 4,000 bags, ex all on'private terms’ We quote Ie. a tair cargoes, 1c. jp parepes Le. tc, 8 Wao, do. 1b, funguayea, Toiee: a tis ie ‘St mh i i Loge. w LSGe., old wow days Pyar ed tla on Corron.—‘The Aémand for spot cotton was rather bet- ter, but Ww, Prices, which, holders generally de- Clining to aacept, contined busihes to natrow. limits, The (oho of the market we the close was decidedly easier, though the quotations, which are nominal, show no de- cline. Futures were in moderate request at essontiully unaltered rates. The sales reported on "Change to-day were,as follows + ‘Baporti 16%e rc. 8 1RIG ow tea. Steculation In transit isovs are did bales to delivery (basis low siddling) the lows sales Wednesday, after three o'cloc 200 at 18 11-16e,, st 18} ‘ at 18 9.160, Unt 1 eu (0) at Sue FiO at Inset; wary, 400 40at Asie. ; February, 100 at 18 16c., 100 at '190. Kxchanged, chi se ‘1,500 Bocember tor March. ake Jan- 13-160. ; bibs ‘800 at ttre 0 vslook, 160.5, e 200, 183K 7 100. 3 13 28.820. To). at 18 Bib, 100 at 13-160. + December, ie at is! He oo “a at a 9-16o. 5 100 at Fé. io at $i ‘i Liig0 c eis is 19%4¢., 100 at 19 1-1 ri, 600 ai May, om x ) Exchanged—Llte. pal pana: qfotal, ” 14.700 palos irand bales, The receipts the as fat ag heard from sum up as, follows -—Ualveston! Siok bales; New Ori Saat ;, Mobile, 1,994; Charleston, 2784; Wilmington, 31 Nori ik, 1,790; "Now York, 714i Hoston, ‘otal, 17,848 bales. This day last week, W178 bales. This day last year, #4:3G1 bales. ‘Rates ot cotton to foreign pore losed atthe following figures :— To Liverpool, by steam. i.e 01G1.. room acaroe; by 1 Sriod. 5 to Have, by stedin, 134 * com sompresied ; to . COM. praised remen,. by steam i, “ga. ; to itic ports, roy via Eng Moditer- ranean ports, by steam via England, 11. Wd We quote :— Uylants, Alabaind. New Orleans, Texas Ordinary ... 10% 16! 17 Good 0 8 183 ins » Stroet good ord WHI 18 19 194 Low middlt 1 19 19% 195g Middliny 19} 19! 19 20 Good mi 201 20) Eis 21: athe quotations are bared on cotton in store, running quality not more than halfa grade above or below the grade quote Frour ann Grarw.—Recetpts—Flour, 11,186 bbis. : wh 461,876 bushels: corn, 512,74 ti com ma 675 bbs, an Oats, 40,182 bushels; bar 1 do.;' rve, The flour market was quict But a dy. Thore Yas some inquiry for shit ning drades, butlittie Was The solos agxrogate about 9 ew finds nd including 2,000 bls. extra at 8 Jorn meal was in tair requost, with 05) bbls. taken at $3 25 0 $3 40 for 883.9) for Brandywine. Western yellow, and $3 85 We uote :— No. ¥ state $3.50 285.00 Superfine Stato 575 a 625 Exta State. 70 a 725 Choice State 750 a 775 Supertte Wesiern 775 w Bw Extra Western 67 a 700 Extra Minnesot 750 a 910 Round hoop Onto, stip 685 8 7 00 Hound hoop Ohio, trade brands 7% 0 80 tf 80) 91000 ita’ 70 a 800 St Louis straight oxita 80) a 875 St. Louis cholce douple 900 a 1000 ‘St. Louis choice family. 1050 a 1200 California. 800 a 850 Rye flour. 400 a 50 Southern No. 2. 42 a 62 Southern superfine 550 a 625 Southern extra 71H a 875 Southern family. 900 a 13.00 Corn meal, Weste 325 a 350 Corn meal, Jersey. 360 a 365 randy win 385 a 390 400 fo. b, 300 9 3 66 Puncheon: ey 50 f. 0. b, —Wheat was quiet and closed weak at about $1524 $1 53 for No.2 Miiwaukee. The sales were about 75,000 bushels at $1370 $145 tor rejected and No, 3 Spring, 6149! Ha 1 51 tor No. 2 one 0, $1.52 for No. 2 Milwaukee, SL bsg for choice do., $165 lor red Winter, $182 a $186 for Ete’ Michigan, “in store "and Afloat, $2 & lot of very choice do. Corn was active And firmer; Gio. was bid for Januar; delivery. ‘The sal Toot up_about 170,000 bushels at ie 646. for mixed, pelt 65e. tor Western yel o Esa eonth rn white. Oats were quiet but firm, sales comprise Shout 4000 bushels at bissc. for iow Western mixed, ailoat; Sige, for do, binck: Tilinois in bags, on the per} bc. tor do. stalned white, atlont; on the track + choice would bring 58c. a Svc. if here; ‘old Western mie held at fae. in store. Barley was in, ‘air demand. with gales of 2400) bushils Canada (Wednesday evenii ng) at $116.91 17, Rye washold at previous figures, without usiness. te uonrs.—thero was very litile.doing in berth freights on account of the ‘ity of accommodation, but were without Iterable ol change. The cnartering bu: has been odees te pues bet rates were current. wane rain at om 600 ai bales a ‘at igo. a. 91-1 Ww, by steam, 7,500. b wea std. The charters inclade -o4 Norweular (rriet), 3,100 quarters {fairest id. of; an T Penarth Roads for orders, 70; spanish 400 fi it ark rain, to Cork for orders, 7s. 94., or lian brig, 1.809 quarters grain, to Cf 4 British brig, henoo to a ence to Cor! bbls. refined d » a Danish pee iaite to Rio, 2,600 bbls. capacity, at $1 2). Goxatxs. Nothing of importance has trang Fed wince gu last, and prices were witho nie: quote :— Domestic clot nize. for Marly jelivery and 13c, for future delivery; bags, 1430. Heuer axo Jute —Tho market for hemp remained very quiet, but prices were nominally steady. We quote:— ila, Pets » fod Jute was also inacti ve, but stendily held at'3e. gc, fold. Jute butts continued in fair de- and les reported since our last of 1,300 bales, at days, and 900 balesat 2'c., currency, ov days. HAY "ann Steaw.—The demand has been fair since our hay and straw, and pricesshowed no change, hipping hay, $1 10; retail qualitios, do., $140 : $1 30 u $1 40; short rye, d0., 6c. a We., an The rece ts are mie the increase and have quite, liberal stace our fast, but stoc docs not wales. owing to a continually good rms; a Norwegian bark, ge ot Continent at 7 pes urrency, demand from brewers. Prices fanerally, were unchanged, yet there were some few sales made at prices slightly of those current. We quote :—New hoi Movasses.—No trade of importance wi day and prices were more or less Bominal, Ott Gre Quba, Centrifugal and mixed...... Io. @ I Duba, clayed ‘We. Cuba'Muscovado, refinin; Cuba Muscovado, grocer; jorted to- ‘€ quote :— ‘New Crop. =—s + Wo. a 700. 70c, Rs. FOr spirits of fur eating, the a trifi esday at 62740. for Souther B30. Tor New York, Woslt’ wan {4° moderatel if ucst and CH ‘at the recent a ey Pe vale a pated strained at $410 9 nd HOW bile. dor at BA 10s also, 2000 Bhin to arrive at 9015, "Ter and pitch not dealt in i bai inthe | general market has becn quiet for the past it sales were le former pa joes a. We quote:—Lineced: in casks. tc, & $1 40.8 $1 0), natural Winter “S100; biencned do., $1 65; crude whale, 68. a 70c. for oh lS 8 65e, for Southern, 72c. tor natural winter, 2c. for bleached do.’ Lai , 76e. for prime for resent make and 62440. a Gio. tor No. 1 Men 8 Side. for select 4 48c. @ BUc. for choice brown. Crude cotton PrrnoLeow.—On aoe, to- pnd refined cent dull, and nominally AL oe ay Corgoes, quoted at 27ic., but contracts eow ‘considerably less, rade in bulk was easier, reek ler the influeuce ofa eeenedty aash market at ys Creel arora atiiigc, Cases wi juoted seni at3ic. a 8%. Naphtha was also nominal at v7 c. for Western oreity. At the Creek the mar. ket gave awd and prices were decidedly lower; quoted 05 on the lower road and $725 at oi Suey tn The ne Enliadelpinia mark market twas, quiet ut 8 Sem. for cai win 000 ih reported wold is? ior first half of latter ‘month, atthat price. Contracts could have been had at 26! <c We alse note sales ot 4,000 bbis., for first half of December, on private te iowitons-Reeey ipts—Pork, 105, Nbls.: beef, 42 pack- veut Hot ined, Lr bois. wud tiere Fei ekaC he mses peck romaine dull and worainnl Unchanged. There wasnothing doing exrept in bing way, where sales were made of 50 bbls, Bacon’ was Tikowise qnict aud wightiy, im the Buye We hoard of sales of 200 boxes city long Clear, tor fiest hall of December, at ie, and 00) boxes of do.’ tor Tast halt of Deceiabex at and lower; quoted at 140 for pigs.’ Heot way tn moderately of ats india int ane on Bargibat trmiy hat a inca werd quiet bat ae KO8 of or first ‘halt Cn but prices were ‘sboat at 83-16c, cash; 280 tierces ar jae. ith sales ot 200 tierces at m. e market i been quict since our last, but jonsiderable firmness manifested. The sales roling at 73gc. w Sige, and 150 bays Rangoon at7eo. sac. Svaar.—Quietness continued the most conspicuous feature in @ the market ior raw, but there was no percep- tible change in values; 216 Noxes of centrifugal sold on ‘and at auction 464 bhils. of damaged ¢ Cuba 100 boxes Of do, at disc.” Refined ‘nlso es and receipts as follows -— Thds, Boxes. Bags. Melalo, Stock (ascertained by actual fiom: Novenber la 2.890 S7BAT 75602 1,515 Receipts sin 9,151 S73 =m 9,018 “1,736 Bales fined ‘the et’ “or' “No: ee 347 1,176 Comparing ‘with ‘iicck, be: S87 S180 28 cid a a oe ccinber fy 1388 + 62829 1OLTOL 207.548 B74 Rrocery, ‘al Hodge. a 10sec. ; oenitrl ig imoltsses, hhds, und boxes, Sige, ec. Hiavana--Hoxes, Dutch standard, Nos. 6 da 0 9.1, 106, 'w A0ss0. 5 ows 1B, 16 15, i dg 18 to 18, at do! 19 to 20! 12ke: a Forte Caen common jc axes wolte, 940. a ‘Bier A Broeety, lair to cholce, 10%e. a Wc. Brazil—Dutch standard, Nos. 8 to 12, 8c. a te. Dutch standard, Nos 1016 12, ihe, a 10s. ““Manila— Buperl r 8 de: superior, Bye. a here hay beemquite # tat ts iy oy, Jas nid tae Avi regaie 3i,\ aga, including spot, 2600 bags on the spor and ‘ex.s Bags trom store, 2,50) oda also go business in linseed et was strong. The 10.000 Hass on the titi ing Castle, 2,500 my atgra, 2.000 bags ox Artist, ony $2 216. gold, ‘an agsex Bianca, Xt $245, gol ays} (O00 pockets to arrive, distal, nt $ WO Clover re: quoted at choice was is tive but steady, at $3 1 $1 95 KARINE, ithe market rwantather' monetiied 80 tierces solil at 8%o. Some parties were asking hig! ‘TaLiow waa steady, with sales Sines OU last of 125,000 Ibs. ‘at B3ge. for fair outside to prime city, ‘Tonaoes hasbeen very alot, the sales: boing confined almost entirely to the home trade. Prices show no ina- ferial change. We note salves 01 100 Gases sundries, 100 do. do., crop of 1871, 1c, a 6: Oito, crop of iard, on private tormas; 100 bakes Hy a 1 5, and 20 htids, Kentucky ag oe. a Receipts, 654 bbls. ‘The inarket was moder- vo and a shude firmer, Salos 300 bbls. at ¥2)sc. .—principally at the higher price, ‘ooL.—ihe market has been very quiet since our last, with bucutie ot importance to nofe. ‘Thursday being & holiday the week was bioken, Prices generally was un- hanged, but firmness was noticeable throughout the Whole market. Dealers anticipate considerable trade during the coming week, but manutuctuters are slow purchisere at prose We heard of sales ot ba Spri vf ip “Gniitoentay Inu. {hae Texas on private jertns 1,000 Lbs, second Galttornia on private terms, 5 bal nia, bales extra julied, 624g0. | 25 be Td bales’ muper: pulled. Gis 0 Ibs, Oregon on private terms, 000 Ibs. medium second do: Dis. Peal 1 420., 12,000, Ibe do, pitied on private tertas 40) {bs Tbe. and’ b bales Montevideo at 1 mesiic We. 5 at di3gc.,29 bags Mestiza Lon | and d ‘delaine al DOMESTIO MAI IQ_ MARKETS. ~~ Gatyxstoi Nov. 29,1872, cofotton quiet: xood ordinary, 0ijc. bales. Exports coi istwhse Stoo Sitso, Yeekly.—Net receipts, ports—To' Great Britain, at tothe Constwise, 4,465. Sales, 5, ‘New Onna, Nov, 29, 1872, Cotton in fair demand and easter good ral fow middlings, 18:.; middiings, 18%¢c. | Net roo pts, 7,718 bales; 8, 9,31 ales. Exports coastwise, Bales today’ 70) ules; last evening, 2.300. Bs tock, bales, Weekty—Net receip’s, 39,738 bales; gross,” 40,482. Exports to Great Britain, 9,975, ‘bales; to the Continent, #2188; vonstwise, 0072, Bale les. Hes, 0,609 bates bal Cotton opened, frm, now low sanidtg arise x Net Fecelpts, 1U04 baler. Exports oy 33, Nor Sales, 1,200, constivise, 7610, Suites, 8000 ta, "15 s0 ports Bavaniyam, Nov. 20, 1872 Cotton quiet and Arn; middlings, 18290. a 18 les, 1,355 bales. Stock Tada Dales, Exports—To Groat Britain, Weekly.—Net Tecelpis, Bt coe to the Contl- nent, 9,600; coastwise, 4,818, Sales, '10, (irae ath Nov. 29, 1872, Cotton dull and ensy; middlings, 18¢c. b 18kjc. ‘Net re- ceipts, aon bales. Fi: try salen, an. Stock, eek poris-to Great iritnin,, 2 coastwise, 713. Sales, 4,500, Flour steady and unchanged; mies ie iain at $8 for No. 1 Spring, $9 tor amber Wint ter, # 76 tor white Winter, $10 50 for double extra. Wheat steady, with a fair demand: sales of 10,000 Herat | No. | Milwaukee Ginb at $1 55, 3,000 di 9,000 do. prime white Wdo. No. 2 do. at $ Canada at $1 8814. Corn dull: sates of 1.00 bushels atic. Barley quiet; sales of 6,700 bushels upluke Canada on pri- vate terms; Bay Quinte nominally $1.0 «$1 0x Corn. meal—$1 5 for bolted, $1 24 for unbolted per cwt. Mill- ued ett shorts, $18: sbi stutts, $19; omen ow York, 62e, road frelghts—Fiour to Bosto e-46,001 bushels wheat parley to Albany. S40, Receipts + 16,000 do, ‘corn, 19,000 do. ‘ fect of lumber.” Shipments by cunal—%,0N bushels what, 000 feet of lumber. Weather Dolsterols: canal cicar, UFFALO, Nov. 29, 1872. Lake my a AG Pitieat 176 931 bushels corn, 12) oats, 19,000 a barley, 22 10 do.; ey 4,500 do.” Canai ‘shipments—W heat, 27,708 bushi at, 100) do; barley’ 37713 dos Real shi: (gi¢vators—Wheat, 2000 bushels: corn, 12.40) 500 di y, 800 do.” FI air 30: white Michigan, ra | » Corn quiet; sales in ‘ ull; sates, in. small lots, of No. Toledo, ae.’ Barley quiet: sales of ada quoted at West: ley malt naist ‘peime Winter Western, anada, $1 25. sions lower ; mess pork Mo, 4 He. slioulders, Ye. & bo: Wren tas .. Other articles unchanged. AGO, Nov. 29, 1872. te. | Wheat tend 14 a 15; han bacon, 8Jgc. & Flour stoady No. 1 Spring, 8! $i 1 094g, Dece: Roe 1, according to lo No. 2mixed, Slee. a ber; reiected, Ae, and higher ; No. 2, nt 24% firm, aud scarce No. 2, at Sie. 10, 2 Fall, 606. vork Arm. nad ta fair 25 mber. Lard fi Thies demand light and, otis firm: ries u nehanged. Whiskey stendy, a Ri ceipts—5,00) bus. near, 42,000. bua Nome 80,000 di oats, 5,000 do. rye, 21,008 bar 18g. ie Shipments—7,500 flour. 70,000 ‘busliels’ wheat, jo. oats, 52,000 do. arley. nearl COTTON REC RECEIPTS, ‘The following are the total net receipts of cotton rince September ly 1872 G eto : Baltimore BUROPEAN MARKETS, Loxnox Money Mannrr.—Loxnox, Nov. 29-5 Console, closed unchanged. Unive States five ds, 1866'%, old, 91%: 4 Eris Hatlway shares, ‘for both money and, Jounse.—Panis, Nov. ents, 52, 97. FRANKFORT. Bovnse.—FRAnKront, | Nov. States five-twenty bonds, 96% for thé issue of isi2, Liyerroot, Corrox Manxrr.—Livenroo., Nov, 29-5 P. M,—The market closed unchanged. The ‘sales of tho day have becn 12,00) bales, including 3,000 tor speculation aad gxport, Salcs of middling uplands, tor November, at 9 15-16d. ; for December, at 9d. ; middling Orleans, ‘for November, at 10? Pal, the market opened quiet’ an sendy madi Jing uplands, 9%. a 10d.; middling Orleans, | 10! 104d, The sales ‘of the week have been 8,00 Inclutting 7,000 for export and. 6,000 on s uaa jock in port Is 420,000 bales, including 5,000 Ar The receipts of the week have been 67, i Dales, cluding 27,00) American. Actnal export, 80 iit Stock at aGa, beuind to this ports is 222000 bates, Including | 122,000 American. Trape at MANcunster.—Liverroot, Nov, the market for yarns and fabrics at Manchester is quiet, but TiveRroot. tera fd Market.—Livenroor, Nov. 29— GF. MI.—The receipts of corn at this port for the paxt three days has been 12 The market is tat, Which ig American. uarters, all of s. Gd. for average heat 12s, 3d. a Calisornia white, 13s. oe club do. and, Is. 0 His, 9d. for _red Western Spring. Corn, 28. $0. per juarter. The receipts of wheat at this port for the past three days have been 90,00) quarters, tucluding 15,00) Aineriean. Lavenroot Provisions Manxgt—Livrnvoon, Nov, 29-2 P.M. ae. 568, 6d. per bbl. tor new prime mess, Lard, Kivenroon Propuce MAnget—Livenroot, Nov. 29=5 P. M.—itefued petroleum, 19344. per gallou. Spiritatur- 4 eonuck Manket—LoxDox, Nov. 20-5 P, M.— 6d. a Ss. per cwt. for No, 12 Daten standard, Sugar, Ss. on vie oot. Refined petroleum, 20d. a 2054. per gallon. |, £33. Fr ton. fy ae) oi er ton, spirit Sirpentines 8. per cwt. Common rosin, 10s. 6d. @ lls. per ewt. A.~ jay cooxz & CO, BANKERS, re offer to investors the ¥ FIRST MORTGAGE LAND onan? BONDS of the Northern Pacific Railroad Com- “Arention ig gcalted to the ample real estate security o1 which these re hased, " ar dition to the ‘uaal marantes of @ first mortgage on th the Road, its equipments sna! ‘rates sn oe ar y thus tar sold have fealized $5 66 per acre. ITIGENS’ BAVINGS BANK OF THE CITY OF NEW Interest cgmnated from the fi 1h Ray month, and is ps or eetee ‘on balance re in Bank on Janu ing it resent rate of interest if cent; aay, eon ed ‘ont oF before Deeember 1 x teu ttt font from that date, Bank 8 Bowery, south we camer oF Catia street; open every day trom 10.4, Sapeiamil Se Bank eke ig gala anna ieee QuINTAND, President Srynovr A. Bosc, Secretary. TICE IS HEREBY GIVEN TO HOLDERS or OLD Nous riposa Securities that the option at present rates to take the Mariposa Land and Mining Com anys stock will close on the 30th inst., at the office of aripos® Land and Mining Company, 34 Wall sireet, RIE N’ SAVINGS, BANK, OSIESTAL SANT Sr grand sre, Interest fro ‘ery month, TE HAVd MONEY TO LOAN ON FIRST ObABS city property, without bonus; Leasshold end Sec~ ond Mortgages doug nt; also. mi money for South Brooklys Property. ARD & LEAVITT, 64 Wall siroe 1. 000-% -! OR BALE. A FIRST MORTGAGE on and Lot in Carthage, Joilersom Somity, valued at $1,000; uncncumbered; title perleces principal only. al 5 8 LA! LISA E 0005 facturing business, pees to borrow above ton bes! of security; aperson who is a good book reper could attend to that department on moderate best reterences required, Address box IL New: burg Vost oltice, N.Y. sebec e Taret The Long-Pending French Spoliation Claims Being Pushed to a Settlement—How Thoy Originated—Five Millions Suggested asa Reasonable Paymont, For the past seventy years there hag constanty cropped out.in Congress and the public journals, though at uncertain intervals of time, and in @ feeble, languid sort of way, discussions and sug: gestions about what are known as the French spe- Uation claims, Indeed, were all that has bees written about them to be collected, it would prob- ably fill the shelves of the Congressional Library at Washington, while the legislative breath expended upon their explanation in committee rooms and in the hall of national debate would raise agale that would sink all the navies of the uat- verse, But, at last, it seems that something is really going to be done to make an end of them. Senator Sumner, while Chairman of the Committee on Foreign Affairs, CONVERTED AIS COLLEAGUES to arecognition of their justice, and a favorable report was therefore made upon them to Com- gress, for the twentieth or thirtieth time, by the way. This report gave birth to a bill for the relief of the claimants, which bill will come toa first reading early in December, And this time, warned by previous experience, the claimants are going to provide for the proper protection and representation of thelr rights. They hold a meet- ing to-morrow at the store of the Messrs, Griswold, in South street, and it is likely that they may de- termine upon engaging the services of some dia tinguished lawyer to go to the Capitol and advo cate their cause. THE ORIGIN OF THE CLAIMS dates back to the early days of the Republic, but is thoroughly clear from the recorded history of that time, Alter our own Revolution had successfully ended in the independence of the American people 4 treaty was made between the United States and France, providing that in gratitude for the aid re- ceived from the French in the struggle with Great Britain, our government should, at any time ia the future when a war broke out betweem France and the British Lion, take sides in behalf of the former friendly Power, Not very Jong subse- quently occurred the great French Revolution and the crusade of England ana most of the other monarchica! Powers of Europe against the Jacobin Republic. In that struggle the United States found it IMPOSSIBLE TO OBSERVE the terms of the treaty made a fow years pre viously, and, provoked by some outrages commit- ted by French privateers on American craft, ie sued & proclamation of neutrality and entered ints new treaty obligations with England. in the en it proved that American vessels were thencefo ward plundered and d destroyed ‘by both French aa Engiish privateets, and our commerce suffered fi the moment a very disastrous blow. ‘No less the fifteen hundred vessels flying the Stars and Strip: were burned or appropriated by one side or tt other between January, 1792, and July, 1801, / goon as the War hud closed the United States go ernment CLAIMED DAMAGES from France and England for these unjustifiab Injuries; and by Engiand, as im the recent Al bama claims, the amounts demanded were, for tl most part, though with exceeding reluctance, 8 lowed and paid. Altogether, Great Britain = paid an indewnity o1 $11,000,000, which pret? sutistied the merchants who bad suffered 4 privateers for tieir direct losses, Such claimant however, as had had the itl-fortune to be injured! the French have hitherto got notiing, The claims were duly forwarded to Washington, an having been sent to France, were formally acknow edged by that Power. There was hitch, how ever, in thelr pveing paid, inasmuch as in the tir place the Frencu government was 50 UITERLY BANKRUPT that it could not anurd the money to do so, and, the second, it had preferred a long list of cuunte damages due to it by the United states for the no Ouservance by the latter of the treaty of allian: signed in 1778, aud cliumed further that such trea, having been made ‘Lorever” still continued in w abated force. An immense amount of dipiomat squabbling Over these matters was indulged in | the Secretaries of state of these two great nations: jor several years, and at last an arrangement was come to—a very simple and obvious one—by set- Ung one claim off agalust the other and CALLING THE THING “SQUARE,” This saved the United States an immense amount of trouble, but Wus scarcely very satistactory te the persous who had suffered from the French spoliations, These gentiemen urged, and with ap- | purent justice, that they were as clearly entitled to payment us tuelr sellow citizens who had beem injured by England and bud already been paid by tuut Power, aud they ciaimed turther that the United Stutes, having thus tor @ vational advan- tase burtered away tie rights of individual citizens ba assumed the responsibility to the latter for eir PAYMENT. But from that time to tue present not one cent has ‘ws | ever been given by the federal government to ite injured citizens. ‘True there has been on several occasions & more or less Jormal recognition of the justice o1 their demands, but this has never gone beyond fine but empty words aud phrases, ‘The original ist of cmimaats in this matter was along one, comprising provably in all nearly # thousand citizens, betweeu two and three hundred of whom were New Yorkers. All of these geutte- men are now dead, aud their clatms are the prop- erty of probably tour or five thousand ueirs, of whom have been scattered ail over the Union. To-morrow, however, & meeting of ali such as may reside In New York will be held at Messrs. Grig- wolds’ oflice, in South street, where for several days # petition has been lying for signatures, pray- ing Conyress to listen to he dictates of navional honor and even-handed justice, The amount fairly involved in the claim was originaily stuted at between twelve and fifteem millions of doliars, but it is hardly likely that Con- gress would at tuis late day grant so large @ claim, pome years ago it was proposed that five miluons wouid be a iar pasis of settiement, and that thi having been paid by the federal government, coul be handed over to ine claimants themselves, to be divided among them by @ voard of arbitration, This would probably satisfy the claimants, and sweep away Irom the national annals an injustice of which the American people, us @ nation, have certaiuly no wish to be guilty. THE INSURANCE BUSINESS. ———+ ---—— ssments to Make Up Impairments— Examinations by the Insurance Dee partment—The New Stato Superine tendent, ‘The companies affected by the Boston fire have been actively at work ever since to place their af tairs in a satisfactory condition by the levying of assessments upon their stockholders, where that course has been found necessary, and by a reduc- tion of their capital scock in a few instances, For the past two weeks Messrs. Eldridge and Briggs,, of the State Insurance Department, have been en- gaged in an examination of the affairs of the com- panies, with a view of compelling those badly im- paired to make it good. About a dozen companies have been already examined, aud assessments, in most cases from twenty to fity per cent, called . The impairments are so slight that itis be- faved there will be no occasion for further suspen- sions ed other great conflagraiions come upon 18 sud i The Se oclatinent by Governor Hoffman and the confirmation by the Senate of ex-Senator Chapman, of Binghamton, a8 Superintendent, while ae the insurance interests by surprise gives gem satisfaction, As it Was once unders eral Dix had determined to anpoine x-supen tendent William Barnes, Lt in-law of Thurlow Weed, to that position, Mr. Barnes is a gentleman at ability, but the pare ne wok in he prose- out of the late Superintendent Miler rendered his appointment objection: to m: of the tn- surance men. Mr. Cha) is @ republican of the strictest sect and stan high as @ sound bust- ness man and a lawyer, We has’ not yet q al hext week and enter u; the duties of his A N BOND AND MORT. but it w expected he will do so in The to The branch office of the department, a ie the United States Life Lnsurance building, i ieoe way, has beeg broken up aad removed