The New York Herald Newspaper, December 10, 1872, Page 8

8 FINANCIAL AND: COMMERCIAL. | E2 Sudden Relaxation in the Money Market. THE CLOSING RATE 5 PER/CENT. | #2 Declaration of a Dividend on the Northwestern Stocks. THE PACIFIC MAIL MYSTERY. NEW YORK HERALD, TUESDAY, DECEMBER 10, 1872—TRIPLE SHEET. & Chie Mm, hic, RL A Pac’ aie, Morris & bessex Ist es ville, oaa Tol ode B Mon fA Ere new ba... Bu ve Shore con ¢ ods. 190 ne RR eye 9% We stern renee s none or or 2 Fac gold ‘ P, 885 Union Pac eae 7 Hpion Pac income 10% Fi Wo 87 28 99 94 ‘28 02 SOUTHERN SEOURITIES FIRM. The Southern State ponds were generally firm, and for the Tennessees strong, The latter sold at 80% for both classes, A letter from ex-State Treasurer Kemp P, Battle, of North Carolina, An Active Movement and Advance in says:—''The Court decrees about 80 per cent of all Hannibal and St. Joseph. Smith and Gould in Kaleido-- scope Changes Once More. A: Decline in Gold and Gov-. ernment Bonds. coupons of North Carolina bonds issued to North Carolina Raijroad Company up to and inclusive of January 1 and Apri) 1, 1872, already proved, shall be paid in cash.” quotations for the Southern list:—Tennessee, ex The following were the clomng coupon, 80 @ 81; do, Dew, 80 a 81; Virginia, ex coupon, 47 @ 50; do., registered stock, old, 39a 42; do, sixes, consolidated bonds, 555 @ 56; do. #ixes, deterred scrip, 15% a 164; Georgia sixes, 70a 80; do, sevens, 88 a 90; North Carolina, ex coupon, 34g a 36; do. to North Carolina, Railroad, 60.466; do., funding, 1866, 27 a 30; do. do., 1868, 26 @ 28; do., new, 21 0.23; do., special tax, 14a 16; Missouri sixes, 95 a 954; do. Hannibal and St. Joseph, 924 93; Louisiana sixes, 50a 56; do., new, 500 65; do., levee sixes, 50a 55; do, do, Railroad Earnings for the Past | eights, 70290; do. do, eights, 1875, 70a 80; Ala- Eleven Months. Suspension of a Heavy Banking House in Belgium. THE LONDON MARKET QUIET WALL STREET, Monpay, Dec, 9—6 P. M. On Change to-day cotton was quiet and easy- Flour was dull, wheat was firm and corn was higher, COMPARISON OF THE IMPORTS. The following shows the imports, exclusive of specie, at the port of New York for the week end- dng December 7 andsince the beginning of the year:— 1870, 1871. Dry goods..... $1,788,120 $1,053,366 General mda 59,059 8,004,573. Total for week. $5,947,679 $5, $3,9: Prev. reported. $276, 161,015 $351; ot a0 $506, 373,480 «$282, 108,694 $850,577, 685 $400,317, 046 THE FORRIGN MABKET. ‘The cable quotations show no essential change in ‘the London market, which is reported steady, dull and firm. The French “crisis” has evidently een postponed, for rentes have suddenly ad- vanced nearly 40 centimes, From Belgium we Mave the announcement of the suspension of the ‘well-known Brussels and Antwerp house and bank of Jacobs, Fréres et Cie., Banque de l'Union, with lia- ‘Dilities amounting to 30,000,000 FRANCS. Later despatches this evening state that an exten- ion of four weeks had been given the firm, and that they would meantime receive generous help Trom wealthy bankers in London, Paris and Am- eterdam, which would probably get them afloat again and prevent bankruptcy. <A good deal of ex- eitement was.occasioned in the lower part of the city, particularly in the vicinity of Exchange place and Beaver street, by the news of the suspension, owing to numerous outstanding drafts on the house which had been given to cover consignments of pe- troleum and other goods shipped to the Continent, THE ENGLISH AND GERMAN MONEY MARKETS, The Journal des Débats has an article by Baron Reinach setting forth the state of the English and German moncy markets and offering a suggestion to obviate dificulties. He proposes: The German government has hitherto received Bince Jan. 1 from be hy about £9,; pares in gold and requires | before the end of 1873 a further sum Of £19,250,000 to complete tne change of currency. The with- drawal of such a sum m ys be the cause of tempo- rary crises, but as the French government itself hands over some of the drafts on England by means of which the German Chancellor carries on his operations the French government should de- port a portion of its drafts upon England in the nk of France, withdrawing against it some of the gold held by that establishment, and so pay Germany direct. The drafts on England in the wank of France could be renewed quarterly until the requirements of Germany are met and a nor- Waal condition shall have been re-established, FINANCIAL MATTERS IN CONGRESS, It will be seen by our Washington despatches that Mr. Merriman, of this State, has introduced a bill in Congress which proposes to abolish the usury law with reference to the national banks, and allow those institutions to get such rate of in- terest as may be agreed upon “in writing.” In verbal or ordinary contracts the banks are to be restrained by the usury laws of the States where they do business, Another proposition just made im Congress is to allow the national banks to Issue motes to the extent of the par value of the govern- ment bonds deposited at Washington to secure their circulation. MONEY RASIER. The money market was stringent early in the @ay and borrowers paid as high as 1-16 per cent, in addition to legal interest for call loans, with pledge of the usual Stock Exchange collate- rais, Toward two o'clock the rate fell off to 1-82, and the supply eventually became so abundant that loans were made at as low as 5 per cent a good while before the close of banking hours, and more money continued to be offered at that rate without takers. Mercantile paper was quoted 10a 12 percent for prime names, Foreign exchange was steady ana dull on the basis of 108% for prime bankers’ sixty-day sterling and 110), for wight bills, The troubles of the Mutual Bank will be found treated of in anothér column. GOLD WEAK—112% A 113%4. The gold market opened weak, owing to heavy Sales of long gold by outside and non-professional Gealers, who became alarmed at the prospect of a sudden fall in gold any moment now that the ficti- tious nature of the present and current quotation has been made #0 apparent. refuse to make themselves the tool of the “bull” | clique, who are now desperately supporting the premium, gold will fall to 109, and possibly to 107, Defore the Ist of May next, Alter the early decline ‘thus recorded there was a reaction to 113%; on the ews of the suspension of Jacobs Freres, of Brus- sels, but the market again fell off to 112% and closed at 113, The clique ENDRAVORED TO “SQUEEZE” GOLD, but contrived to get at the most only + per cent, pending which quotation for cash gold they were @uspected of selling their “long” gold in the regular way. The Sub-Treasury paid out $150,000 On account of interest and $6,000 in redemption of called five-twenties. The course of the market is snown in the table:— LP, Wass 113% 11345 M3 ie 13a ais i joan market the rates ranged from 4% per cent for borrowing to 7 per cent coin for car- fying. The operations of the Gold Exchange Bunk were as follow! - $83,946,000 3,831,361 4,301,418 THE RAILROAD BOND The following were the bids tor the railroad bonds :— New York Cen O's, 188%. 9 Ban & §tJo, con....... York #3, distin. StL, art Wab equip bd: 3 eat Ist, 1S8e, Gal & Chic eatenueds 10, en U's, Sub. BB +f Vern Con 7b, 1870, 10H If the “shorts” will | allow the market to take its natural course and | | themselves by the listlessness and indiffer *Ibuy it or sell it.” bama fives, 55 a 60; do. eights, 80 a 85; South Caro- lina sixes, 50 a 55;-do., new, January and July, 2334 a24; do,do., April and October, 25 a 28; Arkan- sas #ixes, funded, 43 a 50, GOVERNMENTS LOWER. The government bond market opened dull, and with the aecline in gold underwent a slight yicld- ing in prices. The decline broughtin buyers, and as the money market began to relax a fairly active demand set in, which led to considerable business at the afternoon boards. The chie! decline was in the currency bonds, which went off to 112. The following were the closing quotations:—United States currency sixes, 111% a 1124; do. sixes, 1881, Tegistered, 11334 @ 118%; do. do., coupon, 117%.a 117% ; do. Hve-tweanties, registered, May and Novem- ber, 113% 9 1134; do. do., 1862, coupon, do,, 11334 a 113%; do. do., 1864, do, do., 11334 @ 118%; do. do., 1865, do. do., 1133¢ @ 113% ; do. do., 1867, registered, January and July, 112)4.a 1124 ; do. do., 1865, conpon, do., 115% @ 116%; do. do, 1867, do. do., 118% a 117%; do. do., 1868, do, do., 116}, a 116%; do, ten- forties, registered, 1091, & 109%; do, do., coupon, 10944 a 10034; do. fives of 1881, registered, 110); a 11144; do. do., coupon, 110% a 111%. RAILROAD BARNI The earnings of the Central Pacific Railroad Company for the past month and the expired por- tion of the year compare with the previous earn- ings as follows :— For the month of November, 1872... + $1,299,990 For the manth of November, 1871.. 897,233, For the month of November, 187! 777,513 Increase this year over 1871 402,757 Increase this year over 1870. + 522,477 Earnings, fret eleven months, ° 12,060,390 Earnings, first eleven months, 1871 . 8,794,713 Earnings, first eleven months, 1870. « 7,401,424 Increase this year over 1871. Increase this year over 1870. The following summary of railroad traMc for the past eleven months of 1872 is trom the columns of the Financial Chrontcle:— EARNINGS FROM JANUARY 1, TO NOVEMBER 30, 1872, 1871. At. & Gt. West... Central Pacific. :: Chicago & Altor Cleve., Col., Cin: @ Indiana. rie. Marietia & Cin. Michigan Central. BATH BOT aul. 6217; Pact of 8,26 “renee Haute St. Louis, Kai a&N.. Tota! Net acre 8e *Fourth week of November estimated. tApproximate by telegraph. + $12,090,223 DIVIDENDS AND ELECTIONS, The Chicago and Northwestern Railroad Com- pany have declared a dividend of 3'3 per cent cash on both common and preierred stock, paya- ble December 28, The transfer books will ¢lose December 14 and reopen December 30. The directors of the New York, New Haven and Hartford Railroad have declared a dividend of 5 per cent cash, payable January 2, prox., the trans- fer books closing December 11 and reopening January 18. At a meeting of the stockholders of the Atlantic and Great Western Railroad Company held this morning the following were elected as the Board of Directors for the ensuing year :—General George B, McClellan, W. W. McFarland, Lioyd Aspinwall, Abram 8S. Hewett, Lawrence Wells, Edward Cooper, James B. Hodgekin, James H. Fay, all of New York; George B. Wright, Join Tod, H. E. Par- sons and Reuben Hitchcock, of Cleveland, and G. Ross, of Condenport, STOCKS DULL AND STEADY. The stock market, whiie dull all day for the gen- eral list, was subject to spells of activity in sev- eral of the leading features, noticeably Pacific Mail, which opened at a decline to 79, rallied to 8014 and closed at a reaction to 7934. It1s thought the pool have depressed the stock as far as they in- tended, and are now endeavoring to cover their speculative sales preliminary to a vigorous “bull” movement; but this expectation on the part of the outsiders has been so often indulged to the eye and broken to the hope, that the pool may defeat e they have inspired among the crowd of specu- lators, “It always beats me,” said one, ‘‘whether The Stockwell! party should look to it, or they may do their Pacific Mail juggling to a non-paying gathering of spectators, THE NEXT FEATURE was Hannibal and St. Joseph, which advanced to 304, On purchases reputed to be for account of Jay Gould, whose operations in this stock are all the more remarkable as the President of the road is his latest enemy, Henry Smith, (1s this more of the extraordinary and mysterious connection of these two men?) It transpired to-day that Gould has withdrawn from the firm of Joslyn, Bach & Co., and Smith from the firms of Osborn & Chapin and Garland, Martin & Co., 80 that they are no longer likely to meet as they did, a Roland and an Oliver, in such @ game as that played in North- western, unless, as the street will sometimes think, they are secretly in league and hooawinking SALES AT THE NEW YORK STOCK EX@HANGE ender. Dec. 910215 A. M. $9000 US 5-20, ©, 6... 117 £10000 US 5's, 10-40, 0.03 10935 10 A. M.—Zefore Call. {40 shs West Un Tel..83 - 7734 Oo do... 400 10 do... 300 Erie RR. pou do. 90 do ow do, eh Soustb..... UL Joao ud E,new ... Zou Con Fac Regd bs 116 Ju Un Pac Ist m..ve HB, 1000 Un Pac 7s, 1000 Un Pac 10%, inc..c: 82 2000 H & Bt 8's, con.. 90 aud) Alt & TH ane 80 6000 Pit, FtW im, 98, etd ‘West, Ant Mm, "88 9596 M & StP. oaty Is B00 3, eae 4 1000" do. 7s. Isus.am bx Banks. J0 Continental Bank 25 Fourth Nat Bank 10) Manhattan Gas. Jey West Un del 200 De 10 wc, -be.sd iw M fy se ete vt. do... Ca iCRR, Board—10:30 A, M. 0 shs Pao MSS Co. 5 rs tk. be ie 12115 and 2315 P. M. 10000 US 5's, Bo US b 5000, Us 5-20, uous oe 20 do 400 Bost, H& E 20 do 100 C) ble R 1100 50) Ohio Miss 1WO,C aL Es Cy 10H & 8tJo RR Ww (le 100 H & St Jo pref. RR. RR. RR... ses IBS¢ $4000 US 5-20, lye be 1a BP. M.—Before Call. 1900 shs Puc M 85Co... 79% RR. 200 shs Erie RR. 100 Erie RR pre 8, 200 Harlem Bou Un Pac 20 LS & MSR 1000 do. 6000 Un Pac 1s, ine 2000 Cen Pac gid b. 1000 1.Cen bas, 5000 Chic & ) WW sh 100 New Cen Coat be 400 West Un Tel...be 7 do. 300 100 600 100 200 she Con © 300 shs C &N W 70 West Un ui 100 wocanv on Jo WO Joo 200 7 100 B00 oy . sg 100 50 Quic ie 834 100 a SC ai ti 957% 100 the crowd by their show of bitter hostility to each | 130 other, Western Union fluctuated between 7634 and 77%; and Rock Island between 113% and 114; otherwise the market was quiet and prices, as an impatient speculator had it, were “disgustingly steady.’ Morris & Essex sold at 93, and closed at 93)g bid. Northwestern common advanced to 88 and the preferred to 92% on the announcement of the dividend which the pool have declared to themselves out Of the prolits of the recent “cor- ner.” HIGHEST AND LOWEST PRICI ‘The following table shows the highest and lowest prices of the principal stocks during the day :— Highest. 96 Lowest. New York Central 95 Lake Shore. Wabash... Northwestern Northwestern preferred Rock Isiand. St. Paul, St. Paul preferred Olio and Mixsissipp! Union Pacific, C., ©, and 1 estern U Pacific Mail. Ib PhUadelphia Reading was steady at 1164, on 5 «0 Oe ISNY, NH & Hart... WL K. 300 Un Pac RR, BO, 1k "do. . FON Y.N WE Hare: 20 Morris & kegex Rit WH & StJo RR i 4035 y 2:30 to 4 P. M. bas iam PRICES—4 O'CLOCK P, M, 19,037 Bales—Floar Dull—Wheat Pirm—Corn Higher—Oats Easier—Pork jet=Grocerics Quiet Freights Quiet—Petrolcum and Naval Stores Dail=Whiskey Firmer. Monpay, Dec, 9~6 P. M. The trade movement wa very siow to-day, the mency of the weather inteugifyja tbe previ- ee ously existing duiness both on and off 'Change. ‘The cotton market was quiet and weak, little in- clination to operate being anywhere manifest. The movement in dry goods was sluggish, but prices were sustained on Change. Flour was very dull, but holders evinced no inclination to reduce prices, Wheat was dull, but holders were very frm in their views and the small sales were at full prices, Corn was more active, and quite alarge amount was taken late on Saturday afternoon and to-day for export at improved prices, at which the market closed strong. Oats were dull and lower under free offerings of com- mon, Whiskey was also in better request and prices again advanced, The pork market remained dull and nominally unchanged, while lard was dull and in buyers’ favor. Freights were quiet and unchanged, Groceries continued quiet, but there was no perceptible change in values, Petroleum remained entirely nominal, parties being still wide apart in their views, ‘ticularly for refined. Naval stores were neglected and prices were nominally lower. Corree.—The market was quiet for all descriptions. No sales from first hands were made, but jobbing lots brought full prices. We quote:—Rio—Ordinary cargoes, I5c. @ 16igc.; fair cargoes, Iéc, a 14c.; good cargoes, 1740. a 17e.; prime cargoes, 18c. a I ; Java—Government bags, 18%e. a 19c,; do, (150,412 grass mats), 19¢, @ 2c. ; Singapore (20,020 grass mats), 1Sc. a 16c. ; Ceylon, 15)gc. a 1634c. ; Maracaibo, Ibe. a 16)4c.; Laguayra, 1533c. a 17}4c. 5 Jamaica, Me, a léc.; St, Domingo, 13)gc. a 13%c., gold, 60 to Wdays Corron.—For spot cotton the demand was only mode- rate and the market weak, without, however, being quo- tably lower. The transactions in {atures were limited and rates slightly easier, The sales reported on ’Change sum up as follows :— Tope Sat’day Eve’g. Total. Export... Consumption. 185 1,827 Speculation 60 60 In transit... 400 70) fete 1,215 2,641 Included in the above are 384 bales to arrive, For fu- ture delivery (basis {ow middling) the sales have been as follows :—Sales Saturday evening after half-past tweive o'clock—December, 100 at 187%c., 300 at 18%e., short no- tice, 200 at 18 13-16c. ; January, 90 at 18%. ; February, 100 arch, 10 at 19240, S10 at 198-160, 900 at 10%, t195¥e., G00 at’ 19 9-16 t 19\ge. 200 nl i total, iNoo" Nate sum ip ttlug—Galveston,, 2.6875 Xow Orlen pate ‘Savanna 230; 1 igloriotk, Ex Taisingre, “78 Total, 19,037. day ‘last wee 23,017. thet following Sigur a@ 11-16d. Mio Havee, by steam, Le ted; to Harbin yy iy i % Bremen, by fonds ig po ‘via’ England, 3¢ The’ receipts at ey year, closed firm get eguoes New Orleans, ie a ss Good evainasy a Strict goad of ordinary 18 ee 16s Tae ry 16 Hy 5.16 i 2 2% 22 wt “4 —The ‘quotations are based on cotton in store, running in quality not more than halt a grade above or below the grade quoted. Foun anp Gnats.—Receipts—Flour, 14465 bole, ; wheat 70,289 bushels; corn, 39.397 do. ; corn meal, 80 bi and 60 bags; oats, 69,436 bushels; barley, 16,750'do. The flour ‘Ket ruled dull, but prices were unchanged. The sales comprising all Kinds foot up about 8,600 bbls. at prices within the ranger the appended quotations. Corn meal steady. nee es bbis. of Western yellow at $3 25 on the dock, and $5 80 delivered. “We quote tate ¥ $5 6 7 7 6 7 801 9 Round hoop Ohio, shipping brands, 7 Round hoop Ohio, trade brand: : F St Louis low extra. . 8 St. Louls straight extra. . 8 St. Louis choice double extra: 3 10 St. Louis choice family. Calitornia, Rye flour. Southern Southern supert Southern extra. Southern family Gorn meal, Western. Bh auue Sepeceecire seca SSSFERSRSRSSSSSSSKRSSTSSSsS g cunmerendnerebnesereceness 5 LP ae Sazenbhsseesssesseesnes Boaces 3 Gorn meal, Jersey... - 3 Corn meal, brandywine. . 3 3 10 °. eid “at $1 66 for prime No, 3 ‘nd $1. tor No. ‘a Milwaukee, The’ sales werg 000 bushels at $1 45 a $1 50 tor inferior and No, 3 Spring. $1 W lor No.2 Silane for January delivery, 73 tor red State. Other descriptions were nominal, C t ‘The sales were about 200,000 bushels Saturday evening) at 65c., with small lots at laid maxed, Ge. for damaged in store, yellow. Oats were dull and lower for g sales were about 26,000 bushels at 470, a Sle. Jor new Western mixed, including new ae illinois, Sze, tor fair white Western on the track, ic. for old in Maro und owe. for do atlost, ‘Burley and roe ware net dealtin, aud were nominally unchanged from former ‘erietcura.—There was little or nothing doing in berth freights to-day, able room. chartering rate ‘inqul trade, w: owing entirely to the scarcity of avail: fates Were noininaliy unchanged. The business was also quiet, but there wasa'mode- ry. prevailing for vestels for the petroleum hout, hows leading to much business, ‘The 0 Liverpool, "1 by steam, 20 rd, 42a. td. To Lon- Jara os. bbl: apples, be; ds “tallow, 4 were pendin Mo.asses.—There was no trade reported except ina Jobbing way, where 80 bbls. of New Orleans were placed at irom ie. a G2c, Quotations unchanged and as tollows:— Old Crop. New Crop. Iie. a te. — a Cuba muscovado, gr Porto Rico. ih Is We. a 650. Navab Stoues.—The market for spirits of tui was dull and easier ; 25 bbls. sold on the dock at 25 bbls. were placed at 62c. ; i it bid, and holders were demanding. 0c. Rosin. was like: wise dull aud enyrely nominal. Strained quoted at 8385 9. safes ere reported, Tar and pitch were firmly held without business. PrtnoLkuM.—On 'Change to-day the market for refined remained unchanged. There were buyers at figures considerably under those asked, but holders showed no willingness to grant concession: ently there was nuthing accomplished ; 2 femanded for cargoes. Crude in bulk was quiet, but firm at Ie. Sales were reported of 1,000 bbis. (Neyhart’s) for December delivery at that price. Cases were steadily held at 0c. a Sle, Naphtha remained nominal at apout Ive. a 17g. for Western or city. Atthe Creek the market was inan unsettled condition, and prices, were quoted nominally lower, the curre figures Being $380 on the upper, $3. nthe lower road and. $3 85 483.90 at Oil City Philadelphia. "market remained’ dui and vale tirely nominal. Refi fed held at a7e. {orca were no buy at that price. Later we 01700 bbls. of city Naphtha in, New York aul? Provisto: eceipts—Pork, 164 bbls. 429 pack- ages; cut meats, 1,146 do; lard, 1,411 bbls. and tlerece and 668 Kegs. ‘The ‘market ‘for tess pork continued very quiet, but was slightly firmer for new, of 500 bbls. deliverable this week at $13 50, Sales wore made , and 300 bbls. of old at $13 26 a $13 50. Bacon quiet. Sale: boxes short clear for January at 7c. and 100 boxes city ton; clear at 71-l6c., cash. Dressed hogs were quiet an easier; quoted for the range at 5c. a 63sec. Beef w a tor. Pric in fair supply but only moderately Ahauly were steady at $13 for plain ines mess, bla. ; $21 a $22 for prime mess, tlerc $35 for India mendo. Beet hans were ‘quiet but steady be t $33, Cut meats—There was considerable more doing jay, and the market was steady. We heard of sales OW smoked shoulders at ac ,000 he bellies, in bulk, fancy bellies, 844¢. ; and 600 boxes dry salted shoulders, deliverable ‘hi ‘monthy atSc, Quotations for other kinds unchanged, Lanb.—The market for Wes ern was quiet, and a trifle in the buyer's favor. Sales—500 eres of new, on the wharf, at IOd tlerces do. at 1746: 0) ty , and 800 Meter tr for January, at FB t 7'4e. for steam, ant for ke! sale Say Herces’ Rice.—There was & tnoterately fait Inauiry torday, at arolina, at 7c a diye. full prices. ‘Sales tterces ot and 200 bags Rangoon, at7e. a 7H4c.: Patha nominal, hvoas, ‘he market for raw was generally quiet, but there was rather more inquiry noticeable, Prices were Hominally, the same. We have only to note a sale hds. of refuing eee, description ae rivate terms. efined was in m an firmer, but not quotably hig! ere quote :—Cuba—Refining, yn igCs' far to good fair, dige. a 9 o oer, to pe Sibcre te hetoe Toise. ‘a ll sscntaiteeal, nhds. a loge.; hnhds. femnana mokeee ™ ‘ae cl 9c. & Tike. @ gf I2iae. Forto 1h Gee. ; Krocery, c. B Mle. do 16 to, "ah ge. ; white, 116 o— Refining, common to prim fair to choles, W7¢c..n I)ge. |B 0 te-Dutch standerd _Java—Dutch standard, N 10 opunerior and extra superior. 6,100 bags of Pernambuco on vate terms. STRARINE Was nominal in the absence of transactions, TatLow.—The market » AEP quiet, but about steady. The sales were ate ‘about, 00, ibs. of Common coumiry, at Bilge. City quate rl fa at Hc. ant 1 bls. The market was moder- tive. tosiay: ahd aguin gfrmer. The sales agure- gate about 87 bbls, AL ge. A De, : DOMESTIC MAI MARKETS. ~“Gatyestox, Dec. 1472, Cotton steady ; go0d ordinary, 16%c. Net recesptar ‘537 pales “Exports to Great Bitaitie ” 2,00. “Sales,” S00, Stock, New Onuawe, Deg. 9, 1872 Cotton in pet demand; good ordinary, I73e, lo’ middlings, 1 middlings, Ie, "Net tecelpts, 2131 bales; grow, Exports—To Gent. Britatn, 73804 sei Tis: Sales, 1,800; last evening, 5,200, 8 Monte, Dec. 9, 1872, jfotton aniet: cood ordinary, 174cei, low tddlings, T7e.} middling Ise Net Feely bales, Ex: Pots bonstwise 210, Suies 0. Honk, 1, wanwant, Dec. 9, 1872, Cotton qulet, but frm ; middling ea 8 Net, receipts, brvsed bales, Exports— To Great Bri tain, 4,104 Con- Unent, 1,287; coastwise, weal bie pe mit 7. sow ‘middninge, To oiiaat Britain, Cotton quiet and dull; miaalingn ‘Bice, 18'gc. Net receipts, 2.202 bales. E: a too 1010} coustwise, 2.000, Bales, 600 tine We sone, rr Spirits of turpen forpirained. Crude tur yentine steady at $3 20 Spar firm at “ for and $5 20 jor virgin and yellow dip, rraLo, Dec. Bui Grain in store <Whent, 466,100 bushels do, ; oats, 126,600 do. do ;, rye, 24 fe “do.” Lake np orte—Wheat, mts, 90,08 do; bare: jour Diners ee a $: of "aliiwautee No. 2 ing, $! 355, quoted, ty Winger st ta "Goi ain anal toes OF Nace at Boe, 28,000 bushels quiet; No.2 Western held ‘at 40c., No. 2 Fle: a Canada, 9c. a 9c. ; West- Barley malt arm prime Win- meay ticles = ra, jatnlee 20 voi” a8 8 85 oro for Winter, 99 75 lor white ie exten ‘dull 4 al rees, Other hel re ‘unech: an for dc ‘of No. 1 Miwaukes Club at irm om bushe' Non? 3 1 55. Corn un- ean 4,400 in car lots tine Up jake ee ete, person Raliroad fre i Wow philsae alpnia, fe 0 ne aera 0 bs aa ota On private ree the ister 000 hashole ai changed ‘Sartoy Ganadi nade at ave U8; met i 26 for feed Semen; shorts, it ¥ ady, at 7c. cash. ras fo weight oO 2 Te.) ACCO} iy cured quiet and ancha: Whiskey stead ceipty—7,000 bbls. flour, pbushels corn, 8,000 bushels oats, 6,000 bushels F: 26,000 bushels bare , shipments bushels wheat, 7) corn, 29,000 bushels,” parle ley. A je, market | head. olce steers 125 a * 373 outa fori i tverage, Shipments, 8a' ay! Live hogs Seiize and, arn. olpts— Tedd head. Kalew at $3 ‘at $370 a $3 80. Bhipments—2,600 head, EUROPEAN Mi MAREETS. - Lonpon Money Manger.—Lonox, Dec, 5-2 P. M.— Consols and American securities closed unchanged. Erie Railway sha: Consols opened at $174 06124 for money, and TK for the neeauRhe Uulted Staten fiver Sens enh ponds, 8, Old, 9134 ; 1867's, 9434 ; Len-forties, 883g ; nenanarone fi Rovner. —Frannront, Dee. 9—United States five-twenty bonds, 963 for the issue of 1862. Pe Me Bovnam cP ancy Bee, henge closed Snviaeben Corron Market.—Lrvenpoor, Dec. 9—3 P. M.— The market closed unchanged. The gry of the day have been 000 pales, including 3,000 for specula- ton nd: export; sales of middling uplands for December nae, Brerapsturrs MaRkE?.—LivEnroot, aaa a . M.—Breadstufts quiet. Corn, new, 28s. 6d. a 288. 9d. eens Provisions MARKET, Lap RETO Dec. = Evening.—Lard, 38. 6d; pork, 738. na DON Pronucy, Manner. LoxDon, ‘Dec. 9-5 P. M. a nec roleum, 204d. per ion; t Ine opene at ‘ead Tae aud closed at Yan, Gd. a hon per CwL 1oF r it ou Manxrt.—Antwerr, Dec. 9.—Petroleum, 8Sf, for fine pale American. FINANCIAL, Bernina HOUSE OF FISK & & HATCH, No. 5 Nassau street, —~ New York, Dec. 9, 1872. The total amount of the Pirst Mortgage Six Per Cent Gold Bonds of the Chesapeake and Ohio Railroad Com- pany is $15,000,000, secured upon a property whose in- trinsic value cannot be less than $35,000,000 to $40,000,000, and the location and advantages of which are such asto render a profitable trafic anda large revenue certain. This entire amount had been sold, and tho original ne- gotiation of the loan was formally closed in September last. In order t0 more thoroughly complete the road with | | fron bridges, solid embankinents, permanent masonry and steel rails on portions of the route ; provide extensive improvements and facilities for the transaction of a large business at both termini, and to furnish a more lb- eral equipment—all of which are demanded by recent indications as to the immediate business of the road upon completion—the Directors authorized the issue of $5,000,000 in seven per cent Debenture Bonds, thatis, bonds ‘not secured by mortgage. an In the negotiation of the Seven per Cent Bonds a moderate amount of the Six per cent First Mortgage Bonds of the company, previously sold, have been re- celved in partpayment, a portion of which remains to be Aispoed of. ‘The bonds are in denomination of $100, $500 and $1,000, either coupon or registered; interest at the rate of six per cent per auutm, pay: lay and November both principal. and interest payable in gold coin in the city of New York. At the present price they yield over seven per cent in gold on their cost, First Mortgage Bonds le ‘st class completed roads are notably scarce and command comparatively high prices; and as the Chesapeake and Ohio Bonds may now be practically ranked among the best of that class of sceurities, the present opporiunity for investment in them 18 peculiarly favorable to capitalists and investors seeking investments on advantageous terms, with the arket value. prospect of an early advance in The completion of the road, a renewal of the demand for American securities in Europe, returning ease in our money markets and the large amounts usually seeking investment in the early part of the year, must lead to the rapid absorption of these Bonds, We receive deposits and allow interest on balances, Issue certificates of deposit available in all parts of the country, make collections, buy and sell Stocks and Bonds at the Stock Exchange, on commission, for cash, and deal in Government Securities and Central Pacific Bonds, &c. bee FISK & HATCH. A TO INVESTORS WE ARE SELLING AT PAR nd interest, and recommend to careful investors, First orwere ven-thirty Gold Bonds of the North- ern Pacific road Company. Special attention is called to the ample land security on which these bonds reat in addition to the usual guarantee of a first mortgage on the road, its equipments and earnings, The lands of the company thus far sold have realized $5 97 per acre. The grant averages about 28,000 acres per mile of roa JAY COOKE & CO. =! LARGE FUND JUST PAID IN WILL BE LOANED on first class New York City Property for five years; also will buy Mortgages, Address ATTORNEY, box 319 New York Post office. BONUS OF $25,000 FOR $500,000 ON FIRST MORT- age, being one-third value of choice city improved Real Estate, or a proportionate rate tor any part thereof. Prime Mortgages and Notesfor sale. address COMPUL- BION, Herald office, A —$10,000 NEW JERSEY SECOND MORTGAGE TO . exchange for part cash and Merchandise or Lots; secirity ample, Principals only having ihe cash. need Address NEW JERSEY, box 10) Ierald “Uptown Branch office, A GSBCOND MORTGAGES WANTED, TO THE EX. +, tent of $18,000 on New Vork and Brooklyn Property. Terms liberal, CALLENDER & LAURENCE, ‘AS Pine stfect, A. WTHE UXDERSIGNED HAVE & TRUST FUND OF sgghearly $200000,t0 loan, in, sums of $5,000 and up- Yards, on first clase N k dwelling aud’ store prop, "Principals wishing Yovobialy donne to he ex ent of waifthe real ralne of roperty can dow, without bonts, by applying to LENDER & LAURENCE, 0 Pine st. MCULLOCH & CO., ‘AY COOKE, “4l Lombard street, London, Foreign Exchange, Commercial Credits, bij! Letters ‘able Transfers. Travellers available in ay parts qa the world. JAY COOKE & 6 2o Wall stres FFICE OF THE NORTHERN PACIFIC RAILROAD ‘Company, 24 Filth avenue, New York, Deo. 2, 1872. The, bool F the transfer of rogistered bonds will be closed on Saturday, December 4, to prepare tor the pay- ment by check, of the semi-annual interest duc January The eet will be made, as heretofore, by mailiag to the address of ench bondhalder of record at the closing of the books a coin check for the amount of interest due. All bondholders who have changed their address since duly 4 in. are requemued Yo send their prevent address to a * dead wee ened on Thursday, January 2 Will be. Feo} january ts . BARNEY, Treasurér, The bool torne York E HAVE MONEY TO LOAN On : ONEY TO CITY AND BROOK 1 property; also for 0g eS AWARD & . $40, 00 WANTED FUR A TERM or YEARS on bond and mortgage on real estate out ot the city, worth doutle the amount and rapidly in- creasing In value; a liberal bonus will be allowed; none but principals deolt with. Address OWNER, box 12) Her. ald office. TO LOAN ON BOND AND MORT $175. 000 age on Real Estate in this city; a ral loans on Bratelies propenyy f ionkee Ad Bro aut u f roi ‘tiated. $300,000 Bukit uch AEE Lewes ars it ‘tot juired. on CG "E. ¥ ikLis, Mo tauk ‘insurance Co., 168 Broadway, | south TNERSHIPS, eokeeoeaaad ‘OTICK I8 HEREBY GIVE: TICK 18 HERGEY GIVEN THAT THE LIMITED t imutual consent, to take effect thinday, °* “umolved by Naw Yours, December 9, 1872, “ia . oe General Lega | | parane Parte fi | to certt nine the Sansceine a ve hemes green, pursnant to the oH se ‘4 4, the revised Reaper, bi meee con ihe ade of Socprpereed cra te rid say a RRM ot te pie wholly aay a art tin ave and se! in ene cl see of alltne ive places eee eee Has of Ne F NewYork, “ine amount of capital wileh suit gpeclal partner has contributed to the common moat the a gay ofp ‘December, and will erminate oD “tas, J. OSBORN, | Generat E. 8. C riners. JAY SouLb, Special Partner, ROW ON THE MUTUAL BANK. The Chatham National Bank the Cause of the: Difficulty—It Refuses to Redeem the Checks of the Mutual and Ceases to Have Any Dealing with It—Ex- citement of the Depositors. oe New Yorke Yor! The Mutual Bank is an institution doing business» on Broadway, between Astor place and Ninth: street, A passer-by on yesterday might have ob-- served an unusual commotion around the building, and ifhe had entered he would easily have perceived: what was the difculty, A number of excited: individuals, with bank books in their hands, were pressing forward to the cashier’s window to re-- ceive cash for their checks or draw their deposits, The paying teller had his hands full, The receiving’ teller had nothing to do. The clerks wrote on with their usual imperturbability, but their unconcern. was not shared in by the President or «directors, . who were seated in an inner apartment ¢ar- nestly consulting. The cashier was engaged inre- ceiving angry applicants, who were roshing in» every moment to ascertain what their losses were, ifany. At no time, however, were there more than» ae people in the office, and these were princi... bert f small depositors. The small depositors were instantly, but with the larger ones there was Inore trouble, as their accounts could not. be easily settled. The cashier, in response to their solicita- tions, would say, * Not for a day or two, but it will | be all right;” and, making a virtue of necessity, the anxious depositor was forced to depart. One young man with a menacing attitude presented a ‘check for $15 to the cashier, saying, “Is that bon Sonar Lge “As good as gold,” said the cashier, ‘then gt me $15 on it,” suid the young man. The money. bt instantly paid, and he went on his way re- joicing. A HERALD reporter sought out Mr. Samuel A, Hills to get a statement of the diMculty, and the following is the story that Mr. Hills told. He said:. “There is no difficulty about the.matter. The bank is strong and solvent, and we have ample security for the amount of our deposits. The cause of the temporary trouble is the action that has ibeem taken by the Chatham National Bank, with which we did business, We had an account of $75,000° with them, and on heer they very unexpectedly~. issued notices saying th.t after that day they would no longer REDEEM OUR NOTES AND CHECES, ‘We always kept an aceount open with them, ané at no time were overdrawn more than $5,000, The reason that impelied them to close accounts: with us I do not know. whey owed us $4,000, which + was paid this morning. REPORTER—What is your capital, and what iss bes amount of your securities ? Mr. Hints—Our paid up capital is $106,000, nominally $200,000, and we have been prosperous business. ‘The securities will ful cover the indebtedness. We had $75,000 in secur’ ties and stocks deposited in the Chatham National - Bank, and the balance, Kol apelact Ors the building, office fixtures and money, we hold in our owm.: hands. On Saturday a run eommenced upon. the bank, and before we closed $23,000 was withdrawn. The same day $12,000 was arpent sited. REPORTER—Do you expect to pay as much to- y ? Mr. HiLis—No, I don’t think we shall. It isa matter of some «dificulty to convert our securities: into money at so short notice. We have not borrowed anything yet, but we expect to do so im aday or two. If we don’t succeed Leuppose we- sh. BE FORCED TO SUSPEND fora short time. We will continue to pay as long as we have any mouey'left. When the money fails. of course We shall be compelled to close. e had: no warning that any such dimculty was going to- ensue; if we had we could have been better pre- pared to meet it. At tis point the conversation was interrupted by the entrance of a blonde young gentleman with: @ long memorandum in one hand and a number of che:ks in the other. His case required immediate attention, so Mr. Hills, with thé explanation given. above, was forced to leave the reporter. In the office the People who were interested continued to- busily draw their money. The paying teller took as long a8 possibie to hand over the amounts. He- counted the money of each person several mes over with great deliberation, but he provavly wanted to be very correct in his payments, One old gentiemen presented a check for $750 with fear and trembling depietea m_ bigs countenance. The cashier took and gazed: earnestly at the figures on its face. Then he PASSED IT OVER TO THE TELLER, who gave the old geutieman five $100 bills and a. number of smaller ones. He looked as happy when. he received the bills as if some disaster liad be- fallen his mother-in-law, and clutching the bilis:- tightly he trotted off. The bank continued to pay all small amounts up to closing hours, A visit was subsequently paid to the Chatham National Bank, and au interview was sought witm the cashier, Mr.G. M. Hard, who, in response tor in juiries, made the following statement. He said :-— ‘e have for the past year been dissatisfied with the manner in which the Mutual Bank has trans- acted its business with us, and for more than a« year we have been trying to get rid of this account,. but did not succeed in doing so, as no other bank would take it off our hands. They have been frequently overdrawn as much as~ $20,000, We thought this rather hazardous; but, as I said before, we had no opportunity to get rid: of the account until lust Friday, when we deter- Mined to tuke strong measures, and the following: circular was issued :— Tar eee erie ATIONAL Bann, ——, 1872. After this date this bank wille cease ¢ woredeem the notes, checks, &c., of the Mutual Bank, Ihave no doubt, said Mr. Hard in conclusion, that the Mutual Bank 1s solvent, but we are glad t to get rid of their account. A crisis may be expected in the affairs of the- bank to-day. REAL ESTATE MATIERS. A Dall Day in Pine Street—One Million. Dollars Offered for the Alexander Ham-- ilton Property and Refused, Yesterday was one of the dullest days in Pine- street, as far as actual transfers of property were~ concerned, that has been witnessed here for~ several months past. Atthe Real Estate Exchange not a single sale- was held and the few persons who put in an ap- pearance came there merely to interchange views* on the existing state of affairs. ‘The news pubitshed in the HERALD exclusively ons Sunday in relation to the decision of the Court of Appeais, beet | the assessments made for the be of the Riverside Park, hada magic: i effect the real estate market. Propert immediate - vicinity of the new Park advanced. in prices—holders demanding higher figures. Ail that is needed now is a little energy upon the part. of the Park Commissioners, and the work pushed ahead with rapidity, to ensure one of the hand- somest improvements New York has ever bad, Owing to the blustering weather yesterday the: Commissioners appointed to adjudge the property affected by the laying out of the new Kiverside- Boulevard were unable to make the tour of the pre route, as intended, but will endeavor to- do go on the first fair day. One effect had upon increasing values of uptown, west side property by the recent decision of the Court of Appeals may be deduced from the fact. that $1,000,000 was offered yesterday by Mr. John McClave for the well known “Alexander Hamilton. property,” consisting of thirty-three acres ‘or | about four hundred lots, and refused, the figures being too low, This Pro} tty is located on, the old aoe 8 as “Mrs... Ward,” amilton Grande,” and is bounded Ons the north by the old King’s ‘ridge road or Bi hurst property, south by 140th street, west 7 i proposal of $1, lots a1'§200. a piece, good, bad or inditferent, W. H. Raynor report the sale of four juli lots le of be Cine Mi Ra nae. e 300 each. 5 tales Will be reid ee at the the "Exchange. ‘THE LOST STEAMSHIP GUATEMALA, Captain Douglas, of the steamship Guatemala, of the Pacific Mail Steamship line, which was wrecked on Florida bar, on October 13, yester- day filed his ore ePCrE, at the omee., of of the company a aul ae iH pod a aad etsowies the same facts ey’ spgetted in yester- day’s Heratp, When Weed i bel aa 4 posed to make it public this gentieman 8 that they had not yet decided upon ite publication.