The New York Herald Newspaper, December 11, 1872, Page 9

FINANCIAL AND COMMERCIAL. A Steadier but Still Active Money Market. FURTHER DECLINE IN GOLD. The Price Falls to 112 3-8 and Closes at 112 1-2, Political and Financial Strategy of Secretary Boutwell. The London Market Lower and French Rentes Higher. ADVANCE IN FOREIGN EXCHANGE, Government Bonds “Off” with the Decline in Gold. —+__—. LIVELY DOINGS AT THE STOCK EXCHANGE, Henry N. Smith Ousted from the Presidency of Hannibal and St, Jo. “NEVER MORE BE OFFICER OF MINE.” Porplexing Prolongation of the Protracted Puzzle in Pacific Mail. WALL STREET, } TuEspDay, Deo, 10—6 P, M. On 'Change to-day cotton continued in mode- ately fair demand, with prices shghtly favoring ‘the buyer for lots on the “spot,’? while “future” deliveries were barely steady. FLOUR was dull and heavy, but not quotably lower. ‘Wheat was easier for the low grades, but steady for prime. Corn was in better demand at im- proved prices, THE EXPORTS OF THE WEEK, Tho total exports of domestic merchandise from the port of New York for the week ending Decem- Der 10, 1872, were $4,586,084, THE FOREIGN MARKET. The London quotations show a deciine of ' in pretty nearly all the United States bonds cailed in the English market, and { in Eries, while consols Bre reported easier, but without actual change in prices. It is dificult to explain the heaviness thus Indicated as existing in the London market, un- less on the hypothesis that the more settled feel. ing in France is inducing the withdrawal of the Money sent over when “the crisis” of last week looked serious, French rentes have advanced to 63.50, MONEY ACTIVE. The money market was active throughout the ay, but without the wide fluctuations that char- @cterized the business of Monday. The early de- Mand was sharp at 7 per cent gold, and the first transactions were at rates ranging from the one Just quoted to as high as 1-32 and interest, and possibly 1-16 flat, There was a steady relaxation, however, from this climax, and the last dealings Were at plain 7 percent, the quotation closing Ta coin percent. Commercial paper was donc &t 12per cent for prime names and quoted 10 a 12 percent. Foreign exchange was firmer as a Consequence of the easier terms for cash gold, the Gecline in gold and the uneasiness as to the fate of drafta on the suspended Belgium firm of Jacobs Freres. Prime sterling closed on the basis of 1085¢ @ 108% for sixty-day and 11034 a 11014 for sight bills, GOLD DOWN—I13 A 112%. The failure of the gold clique to stem the down- ward current of the gold market was more sig- Bally illustrated in the fall to-day from 113 to 112%, the last sales occurring at a reaction to 112%. The sales of long gold by par- 4lea who foresee the inevitable consequence of ®@ heavy reduction in the imports the coming sea- fon, owing to the over-importations of the past year and overstocked supplies of goods now in market and in warehouse, not to speak of the nor- mal tendency of the gold premium in view of the increasing prosperity of the country, readily ex- plain the decline which will probably be the faster henceforward, as it had been intertupted by ARTIFICIAL INFUENCES. The Sub- Treasury paid out $310,000 on account of Aaterest, and $23,600 on account of redeemed five- twenties. A great many gold brokers are quite ‘uneasy as to their customers’ accounts, because of ‘the small margin for which they are carrying gold nd the liability of the market to decline suddenly 6per cent any moment, It is also well under- stood that Secretary Boutwell is planning to suc- eed Senator Wilson in the United States Senate, and will exert every effort to depress gold and make favor with the capitalists and moneyed men ‘who compose the Massachusetts Legislature, and who are desirous of contraction and. SPECIE PAYMENTS ‘aa are the creditor class and moneyed men of the oountry in general and of Massachusetts in par- tidular. The course of the market is shown ia thea 9 1124 11234 @ 112i¢ In the gold loan market the rates ranged from flat for borrowing to 7 per ceut for carrying. The operations of the Gold Exchange Bank were as follows :— + $65,975,000 2,933,705 3,876,132 THE RAILROAD BUNDS, Tn the railroad bonds there was rather less doing, ‘but business was at better prices, ana the tone of ‘the market firm. The Union Pacific firsts advanced 40 80%. Erie thirds soid at 07, and Boston, Hart- ford and Erie firsts, unguarantced, at 43. The fol- Jowing were the bids at the ciose of the cail as ‘amended by the quotations of the second beard:— Hew Fork Con Oo, 1863. $144 To! & W ist m m. StL div. 90 New York Ce: UA yeu k Cen Pte Gt West tet, 1 Ut West st 24m 6 ‘108 ee t, %B.. Morris & hesex ast m. J i ist m, new,. 2d Sich eo 4 NLT Cleve & Pity 3d Clev & Tol at Cleve & Pitts 4th m. Chic @ Aiton s Chic @ Altist m. SS8 Kt Louis 4,Jron M18 Mira st P'istm, 7310. stern Pacific bonds. YI Mile St Paul 7's, gold. 98% | Cen Fae gold bdg en 101 Mita St Paul, Ist ines, OC! genes. Mil & st Paul 2d m rs Mm N York &N Haven dis Bost, H & E lst in, ‘7: Boston, Hart & Cedur # & Minn Bur, OR &M suupestacenssassezs FS « SOUTHERN SECURITIES DULL, The Southern State bonds were quict and neg- lected outside the Tennessees, which opened firm NEW YORK market, and the inquiry on the part of the raliroad companies has fallen off, because there is now no advantage in an exchange of them for railroad bonds. The Missouris were heavy and the gene- ral list steady, closing a3 follows:—Tennessee, ex coupon, 81 a 813;; do, mew, 80% @ 81%; Virginia, ex coupon, 47 & 50; do., registered stock, oid, 39a 42; do. sixes, consolidated bonds, 55% @ 56; do. sixes, deterred scrip, 15% @ 16; Georgia sixes, 70a 80; do. sevens, 88 390; North Carolina, ex coupon, 344; a 36; do. to North Carolina Ratiroad, 50 55; do., funding, 1866, 27 a 30; do. do., 1868, 25 a 28; do., new, 21 a 23; do., special tax, 14a 14%; Missouri sixes, 05 a 95%; do. Hannibal and St. Joseph, 92a 93; Louisiana sixes, 50a 55; do., new, 50a 55; do., levee sixes, 55 a do. do, eights, 70a 80; do. do. eights, 1875, 70a 80; Ala- bama fives, 55 a 60; do. eights, 80a $3; South Caro- lina honetga 50 a 55; do., new, January and July, 23% a 24!;; do. do., April and October, 25 a 23; Arkan- sas sixes, funded, 45 a 50. GOVERNMENTS LOWER, The government list declined in sympathy with the decline in the gold premium, but in lesa propor- tion, the '67’s selling at as low as 11614. The currency sixes were, on the contrary, steady and firmer. The following were the closing quotations :—United States currency sixes, 111% a 1124; ; do. sixes, 1881, registered, 11334 @ 113%; do. do., coupon, 117} a 117% ; do. five-twenties, registered, May and Novem- ber, 11834 9 11334; do. do., 1862, coupon, do., 11334 & 118%; do, do., 1864, do. do., 11334 @ 118%; do. do., 1865, do. do., 11854 @ 1133¢ ; do, do,, 1867, reglatered, January and July, 1123; a 112% ; do, do., 1865, coupon, do., 115 @ 115%; do. do, 1867, do. do., 116% a 11656; do. do., 1868, do, do., 116 a 116%; do, ten- forties, registered, 10934 a 1095; do. do., coupon, 100% @ 109%; do. fives of 1881, registered, 110%; a 11134; do. do., coupon, 1104; a 111 )4. BTOCKS FEVERISH AND STRONG. The stock market was feverish and to some ex- tent irregular, but was mostly firm, and eventually experienced an improvement in its quotations. A sort of see-saw between Hannibal and St. Joseph, which went up to 4444, and Paciflo Mail, which went down to 74%, had the general market for “candlestick,” with, consequently, narrower fuc- tuations for such stocks as were most removed from sympathy with the gymnastic performers at either end of the log. The decline in Pacific Mail was an astonishing picce of good luck to the “pear” clique, headed by President Stockwell, with whom the work of depressing the stock had got to be quite a serious business, threatening, as it did, to engulf Mr. Stockwell in the predicament so familiar to HIS LATEST ALLY, Henry N. Smith—viz., an overwhelming abundance of contracts to deliver shares not in his posses- sion. But while this matter was absorbing the concentrated attention of the giant intellect of the clique along comes the twofold disaster to the Pacific Mail of the loss of the Sacramento—one of the best steamers of the line--and the accident to the Orizaba. The difficulty was solved, The stock, which closed yesterday at 7934, tumbled this morn- ing to 7434, the great crowd of speculators who had begun at last to find out the real drift of the operations of the pool going short of it in hopes of catching some of the profit of the remainder of the decline. But calculations of this latter nature were doomed to serious confusion late in the after- noon, for the price suddenly ran up to 79% again, closing at the HIGHEST OF THE DAY, Natorally this advance occasioned profound won- der, as will the whele Pacific Mail movement until the pool decide when to begin to retrace their steps. well much more skill than he was originally cred- ited with, but his success is marred by the incon- sistency, not to say unfairness, with which his spec- ulations have been conducted, particularly in the matter of robbing his enemies of their tactics og locking up money and causing embarrassment and trouble in the money market. After Pacific Mail the street was occupied with the evolutions of Han- nibal and St. Joseph, which went up 534 per cent for the common stock, while the preferred ad- vanced to 64. The sudden IMPROVEMENT OF OVER TEN PER CENT in these shares the past few days is. due tothe preparation and successful accomplishment of a coup d'état In the Presidency, & la Erie last Spring, by which Henry N. Smith was ousted from the chief executive of the company and restored to the ranks of the directory. The new Board, as at present constituted, got rid of Jay Gould last month by the operation of alaw of the State of Missouri compelling a director who ceases to be a Stockholder of record to vacate his ofice. In the meantime Mr. Smith had held over as the former President of the road, and doubtless fancied he was to enjoy the honor for another year at least, But to-day the directors came together on a brief notice, elected Alderman Jenking Van Schaick temporary Chairman and proceeded to ballot for officers, The consequence was the REMOVAL OF SMITH and the election in his stead of E. 8. Higgins, ‘‘the carpet man,’ and the selection of John P. Acker for Assistant Treasurer and Fiscal Agent, to whom Smith soon after turned over the company’s books and papers, The other officers of the road were re-elected, Rock Island declined 145 per cent to 1124, and Erie fell off with the London market. For the rest of the list better prices or a steady market prevailed, the inglorious inactivity of Northwestern being exemplified in a single trans- action at 87. The Harlem Ratlroad Company have declared a dividend of 4 per cent cash, payable January 2, 1873, the transfer books closing Decem- ber 20 and reopening January 3, The stock was quiet at 117 a 117%. 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. 96% 95% ty Ces 52% Lake Shore 03% Wabash.. 6946 Northwestern 87 Northwestern preferre oly Rock Island. 112% St. Paul.... 53 St. Paul preferred..... it) Ohio and Mississippi. 16% Union Pacific...... 8736 0., C, and I. 0.. 35% 34% Western Union Telegraph. 11% 18% Pacific Mail...........+ 19 14% In Philadelphia Reading was strong and ad- vanced to 117, SALES AT THE NEW YORK STOCK EXCHANGE, Tuesday, Dec. 10—10:15 A. M. $2000 US 5-20, ¢, U4... 134 $10000 US 5-20, ©, "67... 116% 10 A. M.—Before Call. sons ‘ AG &HRRR 0% 100 shs Pac MSS Co 500 d ERAEERY a qusceees BINS FFE Board=10:30 A, Me Ha X 0 40) shs Pac M 88 Co... TB diy Tenn es, eis ‘at 1000 Erie 34 at 81, but fell off to 80%. The recent advance in hone securitios bes brought 9 good gupply og the | 1 2000 Cer Bin Union Fa stn » & do. iW The street is beginning to allow Mr, Stock- | HERALD, WEDNESDAY, DECEMBER IL, 1872. —TRIPLE SHEET, 2 rT fh, 500 =” 200 4345 1008. * 15 13 40000 » 2 38 oD) 6 3 82% iow 138% oo Ft 2000 2? in io 91% 100 2 2a a3" 300 b 9B is 100M Sur ha B03 00 100 6 96° 1200 ‘ab 94! rr 10 sei sm 3H 09 do. =, 98% 300 87 ie 48 it a Ey Hs To do. 33 96° 100 : "As 10 do. ‘C93 10 1 400 West Un © 7 SMU a Se BHR SS os io de oie ae hg BS 19 do Be ie aS Go. ne 40. it SB 100 Pac M 83) T 3 & ex td 5 a SLRESS ; mene ree FEES BEgESeEPCSEUCERETCERERCEEESEESHECECUEEE fs % a7 41%, di a% de 4 ao. 4 a do. 100 do. 700 sod 2000 do. ou 4 Iw d 100 1000 00 800 300 200 200 600 100 2400 3) 200 Ei 100 300 do. yin) 500 L 100 H & Bt Jo pref,..-¢ 63 600 lo Ghio & ye RR... 4736 700, 1000, C 35 1100 400 cu) 009 Bur, C R & M ist. 200 shy Lhd Un Tel.! La do. 810 yeceteedteeee E EESESES di 200H & 8t 100 Ohio & 100 de Jo pf....be ial e 4 2:30 to 4 P. M. 200) shs Pac M SS Co. 1300 do. SS [ECE SE EUENS ESB ENECEUNSESERESE EES SEESSS CLOSING PRICES—4 O'CLOCK P. M, Western Union. 774 a Tk Northwestern. Quckalver ie + 8 No central. pt. mi a iit rp y ntral, 1 ES P it a 932 Rock ‘48 8 Express. Pacific Mail NY Central Harlem... Lake Shore. Union Pacific COMMERCIAL REPORT. Cotton in Demand, but Easy—Receipts at the Ports, 24,19¢ Bales—Flour Dull— Wheat Easy—Corn Firmer—Oats Easier—Pork Nominal—Larad Easy— Groceries Quiect—East India Goods Quiet—Petroleum Entirely Nominal— Spirits Turpentine Firmer—Rosin Easier=Copper Active=Wool Quiet= Whiskey Firm. TuEspay, Dec. 10—6 P. M. There was @ trifle more of animation in com- mercial marts to-day than there was on the first day of the week, yet the markets were very gener- ally dull and in not a few cases values had a declin- ing tendency. The demand for dry goods and other leading goods continued very light and busi- ness was small and unsatisfactory, On 'Change things were in much the same condition that they were yesterday, four remaining dull and heavy, very little being wanted for export, while the local trade bought sparingly. Wheat was very dull and common grades were lower. There was some demand for shipment, but buyers insisted upon a concession, which in some cases was granted, Holders were quite generally firm, however, and for choice grades full prices were demanded. Corn continued in good request and prices again ad- vanced—there being fair sales at the improvement, There was @ deadlock in the pork trade and scarcely anything was doing, while prices were entirely nominal. Lard was about steady under an improved demand, Freights were very quiet, generally for want of room, rates being nominally unchanged, Sugar attracted but little attention, and for refining grades prices were nominally easier, Coffee was generally quiet, but, notwith- standing, the price of Rio was marked up fully ‘40. per 1». Petroleum remained in the same nominal condition as hitherto noticed, Svirits turpentine, under a better de: ruled firmer, while rosin, to contrary, was weak. Metals were generally quiet, with the exception of copper, of which large sales were made and the mar- ket closed higher. East India goods were quiet. Wool ‘was also quiet and unchanged, ana the recent improve- ment in whiskey was maintained. 4quss.—The receipts for the past threo days have been | limited, aggrogating only packages. No trade was re- ported, except ina jobbing way, where fall prices were realized for pots; but pearls remained entirely nominal. Wo quote :—Pots, $8 50, Bow.pina Margniats.—The market for brick {s a shade stronger, as is usual at the close of canal navigation ‘The demand has been only moderate. We quote :—Pale, $575; Jersey, $7 25.0 $775; North River, $7 75 a $0 25; Croton, $12 a $16; Philadelphia front from me 3008; oe ry $45. Lime has been quiet, with former still cure Font Rockland common quoted at $l had do. lump At $176, Cement was steady, at $1 60 pe for Rosen- dale. Laths sold moderately, at Corroy.—The ora for actu i the absence of freight room, was q aialy fo from peaks rd in Me iy which were plenti offered. "rhe movement in future deliveries was slow at 1 Vor, ly for th rads fully about tormer prices, the market closing tame at about yesterday's prices, The sales — up as fotows) al Total... its fois —Tnotuded'in tie above’ ars” 888 bales to ture delivery (basis low middling) the antes jes last Sie" ‘atter three PE eg IE oa Bo Mido at 18-160. ‘at i at 10" Ssi6e.; “April 300 at Tosge> otal 21 today up to to'three P. M.:—December, 400’ at ya, Fy at jort notice, 100 at 187%c.. 400 at 1B 15 Go. 500 at wary, peri 1-$20,, 100 at 19c. : year, ron. k be mn cotton to fore! rts Were nominal ae ee 1 {eHow Sxaree io ver- Pool, by 988 am, a 3¢d., com- essed, paid: to Elavre, Oy sicam, Lc. a ‘1ige tail, 1e., ie Beaty hoa ACE RHE hredapled steam, via mae 73 Wet ie Qeaina iy, «Be ict rdinar, is 16 Bi. 16 16 aoc wi ihe Midd) oe 1s oe ddiing. at 4 aie, quota uotations are based on cotfon in store;ranning in uality not nt more than halt a grade above ot below the grade ‘quotes ioe tee te market for Rio was very strong, and al- rices were ad- rads, POther deserip- ane note sales the transactions were moderats, p er Ib. on all jotably chan tn c. H rime cargoes, 15) nicer a 5 do. (Ll 50,412 ar one gapore “onoan’ grass bh Ic. 16}a0. ; Maracaibo, 16c, a 16946. ; Lagu Jamaica, 14o. a Iéc.; St. Domingo, Size. itt fen eo CaNpLas.—The market romained quict since act for all a er there was no perceptible change in 1 Priges —Sp Sic, a 830.; patent do., & 430. Ino, 0c. a Sic; stearic, 286, a Dantine, i for leguncen Correk.—Thero has been an active demand for lake since our last, and the market closed decidedly bette The sales reported foot up fully 1,500,000 Ibs., at 30! cash, and S2e. for Spring Tmouthe’ delivery, closing at @ 31%e., cash, and for fu-ure delivery. Other metals ‘wore neglected and without material ehange tn prices. Froun anp Graix.—Receipts—Fiour, 10,964 bbis.; wheat, Bisa bushels; corn, 6.600 do. 5 corm meal, Hd bi and Go. The dour uarketruted dull and "he envy “but tions are nominally unchanged. The sa! 1 aol ali kinds, foot up only about 7,600 bbls. at iricbs iwltnine the Fange ofour quotations. Gorn ined was steady; 400 bbls, brought $528 for Jersoy yellow. $8 00 for’ Wostern d $3.85 wa $3 0 fe cd "33 3) a $5 02 575 605 700 7% 750 17 + 675 a 625 675 70 78 900 6 85 700 725 8 00 800 a 1000 70 a 800 ae Louts straight extra. + 800 @ 875 t. Louis choice double extra. + 900 91000 BE Rae choice family. 100 2120 California « 800 a 850 40 50 425 525 550 625 1 875 Southern family. + 900 a 1300 Corn meal, Ma » 325 350 Corn meal, gone » 360 365 385 a 390 40 fob. 3.60 3 4 10 50 —Wheat was duil'and heavy, common’ grades being 2c lower. The sales were bout 75,00) bushels, at 1 43 for rejected Spring, $1 50 a $1 58 for Sptitnen t $1.58 {or No;'2 Milwaukee, $1 6) for a small No.1 do., $1 70 a $175 for red Win- STAD for amucr'and $2 for white Michigan Sora was in good demand and better, The sales ager rate about 140,000 bushels, at 65 a ri store fOr Western mised, Gorge. B16, 10F do, yellow, and 70c. a 72c, for do. white.’ Oats were quiet and Somewhat easier, The sales sum uj up about bushels, at 4734c. @ 50c. for poor to choice Western mixed afloat, Bie. ‘a 6330. for Western white afloat, d4c. tor choicé white on the track; old nominal held above the views of buyers. Barley—Sales 10,000 bushels Western, at 9c, fs Pominal, at We. a 2c. for Western aud 920. a 9c, jor State. Freicuts.—Accommodation by vessels on the berth was still scarce and wanted; consequently there was little or nothing doing, but former rates of frelghtwere nominally the same. ‘The chartering business was algo quiet, There are but tew vessels available, and ie those offered are gon- erally at figures beyond the views of shipjers. The en- gagements were -—To London, by eail, 4,04) bbls, ollcake, 15,000 bushels grain at 10d., and 1,500 bbis. of rosin, Tumored, on private terms. The obly cli we have to Feport wis a German brig (now at Baltimore), from Riche mond to Ito, 1800 bbls, Hour at $1 25, und a French brig, 278 tons, to Hi reed general cargo, Jump sum. Guxxixs,—Cloth has been in moderate demand at full prices, but bags were neglected authough held at former qures. Sales were reported of sof Antelope at 11c., 29 rollgof Ludiow at oc. and at Boston 50) balge at 1c. cash, and 1,000 rolls of Ludlow for Janur wry We quotes Dotnestio cloth, 1siger for spot alld 1blger tor futures, Bags 14 ally Hes AND Jor kinds ofhemp, has been ver; more oF less hominal at previous figures. > Manila hutd at 10740. gold. Jute has also been quiet, but steadily held at 3c, a $c. gold. Jute butts sold moderately at steady prices. We note sales of 1,000 bales on the spot on private terms.and 500 bales at 21-16. cash, Hay ANp StRaw.—The receipts since our last have been much more liberal, and parties are storing all they can, conveniently, for the Winter months | before the close it navigation. "The market remain firm. Shinping hay, 6110 a'81 157 retail ‘qualifies $1 3 1 3) a $1.40; short rye do., 9c. a ports from the other side are very encourag- dthe result is that we have @ decidedly firmer Ket here. The rec en com- paratively tatr, bu revious years. Domestic hops are now worth 40. a 48¢., a8 to Guality, and English are quoted at 37346, MoLAsses.—The market continued quict for all descrip. tions, but there was no noticeable change in prices. small sales ot domestic were made within the range of the quotations appended. We quote Chg A New Grop. Cuba, centrifugal and mixed Ie. =a Guba, clayed. 200. a. Quba'muscovado, refining. 220, age Cubs muscovado, grocery. Be. a Porto Ri 280. as He. & BHo. = English Tat w OF! 8 650, 650. a 7¥0. Svat Srouss-‘Tiio’ markt’ for spirits of turpentine opened easier, but subsequently, under a moderately fair demand, closed decidedly better: Sales were ro. ported of York bbia, at Oe., 150 bbls. Southern at c., 390 bbls, at 60c. for Southern and 6le, for New York bbis.,’ closin Gog, 8, Ole. for, merchantable order. Rosin contin and easy,, closing somewhat under the figures urrant yesterday, 8 ‘Sale: bbls. strained at 3, bbls. do. at $3 Ax ihe close the Tange wes 75'0 $8 8). Tar and pitch were not dealt in, but held nominally at previous figures, ‘O11s.—Linseed o} been very firm, while the saloa have been on! te. Other oils have been lightly dealt in, and at essentially unaltered fgures, Wo quote — . in casks; crude sperm, $1 45 a $1 50; Winter, $1.6), and bleached do., $1 65: crude 4706. or Northern, Sic, 0 690. for Southern, nd 720, bleached do, 650. for No, 1 Ctude cotton seed, 45 for selected light a bhe. $1104 1 40, Neatstoot lubri ming Perrongum.—0: inge to-day the market for refined continued In exactly the same condition that hes charac. terized it for a month past, Receivers were still firm in their views and demanded 27340, for cargoes, while ex’ orters showed no willingness to pay above 26 A: and the bids were few at that price. being genera Crude, in bulk, was firm, but there was little pos osltion shown to operate ; quoted at 13¢. Cases were nominal the same ae before—namely, 0c. 8 gic. Naphtha at trac bys Ro attention and was easy, being quoted nomi- for Western or city. ket: Wea aot but re yg shade firmer; cued ra he lower road, and sae sao sol City, The Philadelphia: market was duit » 52a. @ S5e, for choice ‘brown: nominal there were purchasers at prices r those current, but holders showed no their bids; 27c. was still asked for car- ee disposition Yo meet paaipia Fork. i 490 pote. do, ; bbls. 1s; cut meats, 1 The market for mess pork cor dull and New mess quoted nat $13 25 for for Ppa Al old offered at $13; fest on private terms. Bacon continued in buyers’ favor under yt) ee 3 and a limited demand. Sales 50 boxes Bese cash, and 500 boxes of short clear for March at Thge, 1d hogs attracted but little attention and closed dull it 6340. Boot was $12 for new Plain ‘ess, bbls; for tietess, and. tBu’ 4 ma i Se oo 'y were pn & 13e. for slike, Ga eked haa ose; ie ; should an a Me, 108 fe rao. . ho ulders ity for do. shoulders: Bee. Sec, n De. tor diy salted ‘shoulders, an fresh hams. W. Lard—The mark pot lots: or Wenecn wi steady, but, futures ruled a litle stronger. | Th Were :—200 tlerces new at 7%0., cash; cen No. Tat Tice. ; BO Werces, deliverable niter January 10, atéc., and {bi dercos for February at@ivo. Oily lurd was dull at Ke. Sales 100 tierces. been about the usual business con- lay at unaltered prices. The s: comprise 50 tlercs today at 7%o. a 834c., and 200 bags ‘tangoon at7e. a7}4c, Patna nominal. ness in the market for raw con- , and under more iberal offerings and @ limited demand prices on refining goods were nominally an. isc. easier, and the appended quotations may be regarded ‘as nominal, We have only t0 npto sales of 3 Titus. of re: fining Cuba at de, Oge., and 2 boxes, de- scription "not. given, © on ‘private terms.” Re- fined “was in “moderate demand aud steady. te:—Ouba—Kefining, inferior to common, fair to good fair, d3¢¢. 8 2946, ; ood to prime, grocery, fair’ w good, ac; & 10e;; primé se igs Whe. ugaly hi Oxa8, ei ‘molemie, inde ‘and ‘boxes Shc, eMail, Be, PR ae err qPoxes,, Duteh Nos, 1 BHC. & 9140.5 Cf doy 1h 10 8 1a ‘ania to sige, 1X6. ; do., 19 to 20, 1 aig sna tie, fons fair to, ohatog: gemmon Yo, Pipe Bekait-Dutch” ' Nos. 8 to 12, 840. @ java—Dutch standard, nia of Wo 1d, 940. w 1K, Mi Mailia—superiog and extra wu Datateierme note a sale of 5,100 bags of Pernambuco on in oenle conmauens and prices were nominal. ‘The last. iettace, Bold from store. Clover has been purchased rately at slightly camer Geures. Sales pati a die, timothy re. wpe Aa ced a vod moderately fair fo lerate! ir for most on dentiptons ‘and prices "were without Moticeabls exon Sa comprise: 6 cases, 1870 lo. doe Massachiue it o. do dar daae do, 1871 ‘crop. Has. tao. ‘io, private terms a to Tattow.—The market continue: aides were nominally easier: CM com eG este Se petisod is'nt See hee nas ben al ast, there has n vel little doing in this branch of trade: and the wrobabitity fo that there will not be unt after or the hohe er eae i Manufacturers are buying small lots to supply their im- mediate requirements, aud, no. materi tony was paroeptple, Wo tg Hd & Wool, 600. a i Ton" tied aban Oa Cape pe 000 Ibe. Fall bts 20. 0 Iba. Ibs. Texas, 4,000 Ibs. dome: 000 Ibs, Mestiza, ou private terms; 10,00) ibs. fe a Wins est ne is Tho market was quict ay t the closing price of yesterday. Sales 15) S DOMESTIC MA TIO MARKETS. nar 4 eenatON Dec. ood ordina Not recep ig 2,837 x, someon ine i Coastwi Nm Onan, Deo, 10,1872. 18 seat smidalingseo. a i9ice weer Py bal ina 100. Sales 1,500; last ovening, S800" Stock Montte, Dec. 10, ton firm; ane middlings, 18c. ; ia ‘Bio. x gaunt 585 bales, Exports coastwise, |, Cotton steady ; bales, Expo Sales, 700. 8 X hae ct bse sua Sat Bales, 117% Stock, ae end Cotton in pons demand, and eaandy otadtingn i Se ie mand, : a” | Ihe Net receipts 1,04 ‘bales.’ Gules, 2,000. Witurnarton, N. ig. Deo. 10, 12, Spirits of turpentine dull at 550. for strained. Crude turpentine ste. bad Dor virgin and if jour ter ie aa ae at $8, tab nela‘nt 9 unchi bal it STC bushels In-cat- lots at 680" "Corn meal sold. at ‘$1 20" for bolted, and thet unbolted, per owt. Mill fued stondy; mi . 10, ier. 38 ‘for No iS jor jor pris and ad unehangs 5 shorts an per ton. Railroad trel tips ovr to Philadelphia, to Boston, T2c.; to New ork, S20: to tues) i by lake, 17,800 bushels wheat, 10, 1872, , Deo. a tate orts—Flour, rition ‘wont bgt s . mente=Wh oats 28 600 bustle; coin,’ Os Ont | thie No.2 West ley quiet; Car Rye nom! Weatern, $lis We, PF 0, 2 Toledo at 420, re West tern, 830. a 88c, ; State, ie malt aniety Winter Rye malt held at he lake {8 still open, Onr0aco, Deo. 10, 1872. Flour in good demand At $6.0 $6 75 for extra qe Wheat opened firm, but closed dull and lowers, No. a $120; Car rovisions unchanged, Spring nominally Tnold vat $12) 2 Spring 61,12 a70 ADOt, on, gelert Degemntr sh 13° setter Jan. uary; 1 6434, according to ovdtions rejected, Sto. % Bon Gots avlot and wake sales of Ne, mixed at 8130. @ 81% or seller De: 4 31%c,, seller January; rejected, strong firm and in fair demand a 2, Bo. a.23}40. tor rejected. Rye firmer an at 6lo. for. arley quiet and weak at. G)igc. a Glo. for Noa Fall: Pork fein ’and tw fale’ demand; no egal gales; sales, deliverable in March, at $11 87 2, Lard-—Demind good at full prices cash sates at 11 seller December, 740.5 seller Ju eneraily held ae ige. higher, Green hams sold a ound averages; green short ribs at $5. WI lemand and higher, at 89c, Dressed hogs sold at $4 35 a . Receipts—10,0W0 bbls. flour, 60,000 bushels wheat, 000 bushels corn, 40,000 bushels oats, 4,000 bushels ryé ‘and 21,000 bushel: hey. Shipments '-7,000 bbis, flour, 17,000 bushels wh corn, 24,000 bushels oats, 29,000 bushels rye and 10,000 bushels barley. EUROPEAN ¥ MARKETS, Loxpox Moxey Manger,—Loxpox, Dec. 10-11 A. M.— Consols oponed at £174 w Bis4 for money and O1% i a for the account. United States five-twenty bond old, 9134; 1867's, 94; ten-t forties, 88 3 Dew fives, 8874. railway shares, 42 Pear aie Bouuss.—! ‘ants, Deo. 10—A. M.—Rentes opened at Liverroot Corron Marget.—Liverroon, Dec. 10-1 P, M.—Cotton firm and unchanged; sales of the day esti- mated at 12,000 bales, including 3,000 for export a speculation. ince the last report to the 9th inst. have been 500 bales, Liverroon Breapsturrs Manker.—Livenroor, Dec. 1 M.—The receipts of wheat at this port for the pe three days have been 41,000 quarters, including 1 American, ———+-> + —___ FINANCI AMy Acs TORS.—WE ARE SELLING AT PAR - and d interest, an and recommend to carctul investors, the First ortyage ‘Seven-thirty Gold Bonds of the North: ern Pas sine road Company, Special attention 4 called to the ample Jand security on which U ese vonds rest 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 23,000 sores ne per COOKE & ee ‘00 —SECOND MORTGAGES WANTED, TO TH tent of $93,000 on New York and Brooklyn Propert CALLENDER & tine K, Pine si A "THE UNDERSIGNED HAVE A TRUST FUND oF + nearly $200,000 to loan, in sums of $5,000 and up- wards, on first class New York dwelling and. store Drop: ert, Principals wishing to obtain loans to the extent of half the real value of EN ope can do so, without ons by applying to CALL ER & LAURENC: By by Pine s st. EY,TO LOAN ON BOND AND MORTOAC York, Brooklyn and New Jersey, Princl- pals only ‘apply w SAMUEL 8, WOOD, Jr., 155 Broadway, Terms liberal, A MONEY To, LOAN, WITHOUT BONUS, IN 8UMS +. $0 sulton frst cliss Heal Estate In this cits Brooklyn. brincipals only apply to W. H. HAYES % SONS, 81 Cedar street. ET INCOME OF 14 PER CENT ON IMPROVED real estate; would not be sold if the money was not wanted in business. Dr. HEATH, 200 Broadway. FFICE OF THE NORTHERN PACIFIC hor Company, 23 Fifth avenue, New York, Dec. 2, 1872, The books for the transfer of registered bonds will be closed on Saturday, December 14, to prepare for the pay- ment ‘by check, of the semi-annual interest due January Tho payment will bo mado, as herotofure, by mailiug to the address of cach bondholder of record at the closing of the books a coin check for the amount ot interest di All bondholders who have changed their addre sesince July 1. 1872, are requested to send their present address to this office linmediately. The books will be ovens on Thursday, Jantary 2, 1873, . wh BAKNEY, 'reasurer, [ee COUPONS PU RC ARSONS & CO., 12 Pine str street. E WAVE MONEY TO LOAN ON CITY AND BROOK. mort gages 94. 000-052 Ee She, FS clo ERR Will hot deal with brokers TO LOAN ON BOND AND MORT. $175.0 000 gage on Real Estate in this elty; lib ral loans on Arat class property Second Mortgages: tiated. JOUN F. CONRRY, 162 Broadway. ASED BY CHARLES § preferred; 10 per cent responsibly guaran- fh intorest in profits, ‘Principals only wddress box! ys New York Post office. $300. 000 TO LOAN. ON NEW YORK AND Brooklyn Real Estate for term of years In Yarious sums; no bonus required. ILLIS, Montauk Insurance Co., 168 Broadway. $300.00 ' TO LOAN OR BUY MORTGAGES.— Any desired amount, Property in New York, Brooklyn, Westchester and lersey ; Money without bonus, also Fau LP. TODD. cy Liberty st. _COPARTNERSHIPS. OTICE 18 HEREBY GIVEN THAT TUE LIMITED N partnership. of Osborn. & Chapin is dissolved by mutual consent, to take effect this d New York, December 9, ©, J, OSBORN, —} General 8. CHAPIN, partners. FAY GOULD, j Special HENRY N. SMITH, § partners, Limited Partnership. This isto certify that the subscribers have formed a Limited Partnership, pursuant to the provisions of title 1, chapter 4, part 2 of tne revised statutes of the State of New York, and of the sevoral acts amendatory thereof, for the trxnsaction of lawful business within the State of bad kanes Pp contest ed und tended tobe ‘Pansacted wholly on commission, ineludin on commission of stock: as the = ee New York. is ers Gntarested therein and their respect- ire pl ces afiee resi nce areasiollows:—General of Ney York: special ‘The th of New Yor! partner, Ja: outa, al New York. amount cd capital which, ‘tail special partner hé contributed to the common stock is the sum 1 $100,000 in cash. The partnership is to commence on the oh day of "December. 1872, and will terminate on bas a pacer OAS. J. OSBORN, ) General Eg, CHAPIN, Partners. JAY GouLh, Special Partner, | OTIOE 18 HEREBY GIVEN—THAT THE, PARTNER. shin lately subsisting between John 8. Waring and yman ©. Parke, under the firm name of Warin Parke, has Pal par ved by fot ohn B. ty by him. y a Beco, 6, 1872, LYMAN ©. ee PATAL ACOIDENT IN TRENTON. Between one and two o'clock yesterday after- noon @ young man named Washington ward, a resident of Trenton, while driving a team from the railroad depot to his father’s marble yard, at the above place, was violently thrown trom the wagon in consequence of the horse becoming frightened and running away. He met with instantaneous death, The sui is who examined the body that the young man’s neck was broken in the f and that instant death was necessarily the eos He leaves a wife to mourn his loss. He was Gacpen ‘oly aout man, oud wuch sorsow ts felt at ils mutual ¢ consent. All de ‘s are to be received by the 1 all demands on the said part- ent and. will RING, PARKE, st RAILROAD OPERATIONS. —— js The New York, New Haven and Hartford Baild road—First Report Under the Consolida- tion—Traffic of the Past Year—Th» Lease of the Shore Line Road. From the report of the Board of Directors of the New York, New Haven and Hartford Railroad Com4 Pany, just completed, for prosentation to th@ Stockholders at a meeting to be held at New| Haven on Wednesday, January 8, 1873, the followd ing interesting facts are gathered in regard to the, Tecent consolidation of the New York and New) Haven Railroad Company with the Hartford and} New Haven Railroad Company and their JOINT OPERATIONS : On the third day of August, 1870, the New Yorls and New Haven Railroad Company and the Hact+ ford and New Haven Railroad Company entered into @ perpetual agreement, by which all the cail4 Ways and properties of both corporations, excep@ ail moneys, claims and demands which should} thereafter become due on account of subscription to the capital stock of either corporation, became? @ joint estate, and were brought under the con~ trol and management of a joint Board of Managers. Under this agreement the net earnings of the two roads, after the payment of, all expenses, liabilities and interest,. were to be divided between the two corporations in the pro- portion of fifty-seven per cent to the former com-| pany and forty-three per cent to the latter come pany. It was also provided in said agreement that! a8 soon as the necessary legislative authority could be obtained the twe corporations should be merge® and consolidated Into one company, and that ail opportionments of capital stock under such cou- solidation should be made on the asia of Ofty-; seven per cent to the New York cand ‘New ‘Haven. Raflroad Company and forty-three per cnt to the: Hartford and New Haven Railroad Company. on” the Sth of Aigust, 1872, under and pursuant to acta! of the Legislatures of the States of Connecticut and Massachusetts authorizing the same to be done, the Hartford and New Haven Railroad Comte pany was merged into and consolidated with bs ew York and New Haven Railroad Company, ~ name of the latter company changed to tat of NEW YORK, NEW HAVEN AND HARTFORD Ratiroad Company. By the acts of the Legisiay tures of Connecticut and Massachusetts the capi- tal of the consolidated corporation was limited te the aggregate of the capital stocks of the two cor! porations, This amounted to $15,500,000; the capt- tal stock of the New York and’ New Haven Rail- road Company being $9,000,000 and that of Ce Hartford and New Haven Rallroad $6,500,000, Was necessary, under the bates cena! of August 8, 1870, that in consolidating the tw corporations the $15,600,000 of the capital stock ol the consolidated company should be divided tween the two companies in the proportion fifty-seven and forty-three, as above stated. Under this division the stockholders of the New York an: New Haven Railroad Company would have received: less and the stockholders of the Hartford and New Haven Railroad Company more than one share of the new atock for each share of their own stock. To obviate this aunty it was arranged that tha stockholders of each of the two companies shoul receive one share of the stock of the consolidate: company for each share of stock held by them, an@ that any further interest in the consolidated stocls which the stockholders of the Hartford and New Haven Railroad Company were entitled to should be paid for in cash by the consolidated company. The Hartford and New Haven Railroad Compan also owned 2,000 shares of thelr own capital, Bo oa which were not embraced in the property conveys under THE PARTNERSHIP AGREEMENT of August ia} 1870, but which property belonged te the stockholders of said company. This stock was purchased by the consolidated company at its then market value, The sum paid for this stock and the, sum paid the Hartiord and New Haven Railroad) for the Parpoee of equalizing the values of the propers es of the two companies and adjusting the ivision of the capital stock of Gan console ated company amounted in the aggregate to $650, $10 33 on each share of the capital wioek of Hartford and New Haven Railroad Com The 2,000 shares of the capital stock of the Hartiora@ and New Haven Railroad Company have been con+ verted into the stock of the consolidated company, and are now held by the latter as an asset. Al though the capital stocks of the two companie: were not consolidated until the 6th day of Augus§ last, yet ag both railroads were, prior to that time, operated under the partnership agreement of Au- gust 3, 1870, the accounts of receipts and expensed for the fiseal year ending September 30, 1872, are ven the same as pene the — consolt- lation had existed during the entire year, The New York, New Haven and Hartford Ratiroad Com; oe now own adouble track railroad Kerra atte the junction of the Harlem Railroad, near W, liams* Bridge, to the city of Springfleld, a distance of about one hundred and twenty-four miles, with @ branch to Middictown of ten miles, a branch te New Britain of two and a haif miles, a@ branch te Suileld of three and @ half miles, and a branch ta the freight grounds, on the Connécticut River, at Hartford, of three-quarters of a mile, About eight-tenths of the entire main line, between tha Harlem Railroad and the city of Springtiela, is now laid with STEFL RAILS, The balance of the main line will probably be tat@ with steel during the season Of 1873; Contracts tor steel rails suilicient for that purpose were, for- tunately, made before the late advances in the price. ‘The company has also @ perpetual lease of the Shore Line Railroad, exten ing from New Haven to New London, a distance of yy, miles, at an annual rent of $100,000, ‘The run: ng canto. ment of the New York, New Haven and flartford Railroad Company consists of eighty-four loce- motives, 129 passenger cars, 1,010 freight cara, poi baggage cars, and ‘261 gravel and other opnring the year ending October 1, 1872, 983,14t miles were run by the passenger trains and: 481,763 miles by freight trains, while 8,925,765 pas- sengers were carried over the road or portions: thereof, and 892,579 tons of freight, exclusive of. trafic on the Shore Line division. Since the 1st of October this company has perfected its arrange- ments with the New York and Harlem Ratlroad Company for the use, in common with that com- any and the New York Centrai and Hudson River Trai jroad Company, of the NEW PASSENGER DEPOT and grounds at and near Forty-second street, the city of New York, and are now runnin, Psp od trains to and from that point. The haulage of the Fgattiyi a cars by horse power w now avoided, and, with the facilities of quick traa- sit by steam etween the new depot and City Hall Park, which there is every reason to believe will be secured within the next two years, {t is safe te assume that the passenger business of the road will be very materially increased. The directors contemplate providing more convenient accom- modations for passenger business at Mount Ver- non, New Rochelle, Mamaroneck, New Haven and other points, and for the Bast fag business in the city of New York, all of which improvements will be carrted out with all reasonable despatch, The {a thee BUSINESS AND CONDITION of the company for the tisca! year just cloged la get forth as follows :— Income from transportation of passengers, Income trom transportation of freight. Income trom pelo of mal Income from other sources. Total income. General expen Wi Damages and gr Insuranee and telegrap! Deducting interest. Net income.... The receipts on th ar ending September 30, Expense of operating the a Paid rent, Shore Line divisio 1872, wer iviston Leaving @ deficit for the year of. CONDENSED BALANCE SHEET. Cost of railroad. Equipment—engiiies and ears pnd gente few Yor! i (2,000 nd suppl nd sapphes Shore Line division. Due from agents and connecting Fr Cash on hand, cash assets. loan, &e Capital stock, 185,000. Bonas 4 due Bonds Bonds due 1s7.. interest and dividends un} As apants p ayable—payroll amd bi Credit balat gph Shore Line divi Profit and loss. Total... —_— oe G18, 306, 453 SWINDLE IN NEWARK. Dr. E. P, Huyler, of New York city, has cause the arrest in Newark of two boss carpenters, named James 0, Lindsley and John Davidson, 0@ the charge of swindling. It appears that the Doctor gave them a job to build two houses for him im Newark, On thelr representation that al oe oe against the houses mn paid It now turns out that they, aait is alleged, did ie all thetr bills, and for these the houses, oF ra the Doctor, can in law be held responsible. Hence ar arrest ona charge of swindling. They are