The New York Herald Newspaper, December 18, 1872, Page 9

FINANCIAL AND COMMERCIAL. ‘The Money Market Active and Stringent. VAGABIES OF THE BATE ON CALL. Up to 90 Per Cent and Down to 7 Per Cent Per Annum. 4 FURTHER DECLINE IN GOLD. The Price Falls Off to 111 3-4 and Closes at 112. THREATENED “SQUEEZE” IN GOLD. The Foreign Exchanges and the Domestic Exports. A Firmer Speculation at the Stock Exchange. Disparity of the Influence of the Scarcity of Money. “eee Tho Question of a Mortgage on Pacific Mail— Government Bonds “Off” with Gold—Rail- road Bonds and the Southern List. WALL STREET, TuEspAyY, Dec. 17—6 P. ‘w.} On 'Change to-day cotton was about steady for “spot,” but closed easier for “future.” Flour was dull, Wheat and corn were quict and unchanged, but closed heavy. THE EXPORTS OF THE WEEK. ‘The total exports of domestic merchandise from ‘the port of New York for the week ending Decem- EF 17, 187%, Were $5,702,541, q THE FOREIGN MARKET. The London quotations come unchanged for con- Sols and United States bonds, or “stocks,” as they Qre designated in the English market. Eries, how- ever, have been unsettled at a higher range of quotations, say a 3; per cent. The Paris Bourse continues depressed, and rentes show a further depression Of 10 a 20 centimes, CONGRESS AND THE FINANCES. ‘The question of the new loan and an increased allowance for commisstons has been discussed again to-day in Washington, but the committee will await further teatimony before taking action, which, as far ag can be inferred from their present feelings, , Will be against any increase of the rates allowed In the Funding act. Mr. Boutwell, in response to the special resolution demanding his authority for enlarging the volume of the curreney, has answered by quoting the legal tender decision of the Supreme Court, which limits the currency to $40,000,000, MONEY STRINGENT, ‘The money market was stringent throughout the forenoon and up to the close of banking hours. The earlier business on government bonds was at 7&7 coin, but on stock collaterals the first rate Was 1-32, equivalent to 11:4 per cent per annum, from whioh there was a steady hardening until as high as % per cent, or 90 per cent per annum, was paid in the vicinity of a quarter to three o'clock. Before the arrival of three o'clock the rate had Telaxed again to 1-16 a 34, and at ten minutes past three money loaned at 7 per cent, and continued to be offered at that rate during the rest of the time the crowd remained ON THE SIDEWALK. Of course this last rate was exceptional, as much as, if not more so than, the % per cent, but'the oné was received and the other was paid, so that they both go into the day’s record. In view of the Speculative manipulation of money by the cliques at the Stock Exchange, it is diMcult to say what the real situation of the market is. The domestic exchanges are in favor of the city, and the banks, if leit to themselves, would gain in Tesources. But the Treasury is drawing away a Million a week by the sale of gold, thus substi- Suting an impracticable for an available element of their reserves, the Fourth National Bank paid into the Sub-Treas- ary 50 per cent of the GOVERNMENT MONEY heretofore standing on deposit with them, the Treasury having called in that percentage, which in cash amounted to $1,545,846—leaving a balance Fematning with them, therefore, of the same amount. The stringency of to-day may be ex- Plained in great measure by this withdrawal of government money, and the scarcity of the current season may be aiso referred to the heavy payments for taxes at the City Hall, one statement showing that the Comptroller has accumulated seyeral mil- Uons of money against the redemption at the close of the week of the temporary city obligations Known as revenue bonds. Hardly anything is Going and much less is said in commercial paper, ‘put geod buyers are ready to invest as soon as the rate on call shows signs of permanent relaxation. Meantime prime names are nominally quoted at 10 12 per cent discount. FOREIGN EXCHANGE STRONG. ‘The foreign exchanges have been quite firm in face of a large supply of sterling drawn by a Phila- delphia and French firm, and some of the leading drawers manifested their unwillingness to draw by raising the.r rates over those of their brethren. At the close ta strength of the market w: challenged by the rumors of a “corner’’ on cash | gold in the morning, but rates remained unaltered, closing as follows:—Sterling, sixty days commer- Clal, 108% a 108%; do., good to prime bankers’, 109 #1005; do., short sight, 1104, 4110; Paris, sixty days, 5.30 a 5.25; do., short sight, 5.214 a 5, Prussian thalers, 71\¢ a 71%; Antwerp, 5.2744 5.22%; Switzerland, 5.271; a 4.22),; Hamburg, 944 995); Amsteraam, 397, a 40);; Frankfort, 404 a } Bremen, 94% a 9534. THE RAILROAD BOND: The railroad bonds were steady, except for Union Pacific frate and incomes, which were % per cent lower. There wasa fair inquiry for all the leading issues, but actual business comprised an ‘unusnally large number of small lots. The follow- ing were the bids at the close of the call:— New fe Cen 6's, 1883. 91 De}, Lack & W 7's con. to we Wab ist in, ex... ro ry sth di ‘ork Cen 6's, sub. 86 fork Cen Tet Ee 100) 7 6.100! ope Oat Ae fe a Fie ae a e Kew 2 Ist, * 88 TH.& So Towa Ist m MN Gal & chic extended, Butt, N % Chie, RI & Pacitic, Bud H 0534 Morris & ksgex ist Hud iy u iF a ets om. HBarle oN NOC ‘en lst ab & 99 NJ Southern atm Fs Alba 24 Pitts, FW & Chic 3d mi. Hoh Wi, Clev'& Pitts con sf. ot tel 1003 4 Wafy Cleve Clev Ch Clev,, id 9935 ener A Lal Ny Lake sno! se on 100. 8 Western hei bonds. NS Mt hous 4 tron Mist % | Cen Pac at Mud st Paul 7s gold. Fi Gon Pac 8 ey au wae” MIS | U1 Tay MILA StPaulzd mn | Chie & Mil ist nm dole a Chie Ist hed And C24 mo. 73 W, W. To Pee waren | N York &N Havent Boston Hart & Fg ‘edar F & Minn tt Bure ka'm 7's, Ist SOUTHERN SECURITIES DULL, The Southern State bonds were less active and \jox the general list steady. The Virginia consola m. u nic & Ind G Istm. S86 | To-day the Bank of Commerce and | With the advance in London. declined to 56 id Missouria, after a rally to 05, were offered at 94%. The new South Carolinas were unsettled, rising to 24% and receding to 24, The following were the closing quotations :—Tennessee, eX coupon, 79 a 8044 ; do., NeW, 79% & 304 ; Virginia, ex coupon, 48 a 50; do., registered stock old, 37 a 42; do, sixes, consolidated bonds, 56 a 6644; do., sixes, deferred scrip, 15% a |) Hy Georgia sixes, 1 10 a 78; do. sevens, 38 90; North Carolina, ex coupon, Sta 8; do, to North Garolins Railroad, 54 a 60; do., funding, 1866, 27 a 30; do., do., 1868, 25a 28; do., new, 20 @ 25; a0., special tax, 13 a 15; Missouri sixes, 94 @ 94%; do., ‘Hannibal and St. Joseph, 92 @ 93; Louisiana sixes, 52.055; do., new, 50 a 55; do., levee sixes, 50a 56; do., do, eights, 604 70; do., do. eights, 1875, 60 @ 70; Ala- bama fives, 55a 60; do., eights, 75 a 82; South Carolina sixes, 50 a 55: do., new, January and July, 24; @ 25; do, do, April and October, 26 @ 27; Arkansas sixes, funded, 43 a 50, GOLD LOWER—112\ A 111M. The gold market opened weak, and within the first hour of busines3 the price went down from 112g to 111M, the decline being helped by the Custom House report of an export of nearly six millions of domestic produce from this port the past week, This announcement supervening the sales of sterling already referred to in the para; graph on the subject of foreign exchange would have had more effect had not the market been alarmed by ramors of an intended “squeeze” of cash gold, for the use of which to-morrow the “shorta’ paid as high as 3.32 this errernnes As it was thig apprehension caused A REACTION TO 112, which price was bid to the close of business, Tho Sub-Treasury paid out $77,000, on account of interest, and $2,500 on account of redeemed five- twenties. The course of the market is shown in the table:— 4 ay 1B. 1PM. 11% 11% He PM. 112 nix” Py 11% 3:30 Pp. In the gold loan market the rates ranged from flat to 2 per cent for borrowing. The operations of the Gold Exchange Bank were as follow: Gold cleared.. + $26,565,000 Gold balances. 1,148,240 Currency balance: + 1,280,333 GOVERNMENTS LOWER. The government list was lower for the gold bonds, in sympathy with the decline in gold and steady for the currency sixes, ‘Considering the ac- tivity of money the tone of the market was frm, the changes referred to being the result of the gold decline only, The proposition to permit free bank- ing on the basis of 5 per cent bonds makes the new fives strong. The following were the closing quotations. United States ‘currénoy sixes, 112% a L do. sixes, 1831, registered, 113% @ 114; do. do, coupon, 11734 a 1175; do. five-twenties, registered, May and November, 112% a 112%; do. do., 1862, Coupon, do., 1125 a 112%; do. do., 1864, do. do., 1125; @ 112%; do, do., 1865, do. do., 113 a 11344; do, do., 1867, registered, January and July, 11244 @ 112% ; do, do., 1865, coupon, do., 115% @ 115%; do. do., 1867, do. do., 11614 @ 11634; do. do., 1868, do. do., 116 a 116%; do. ten-forties, registered, 1091¢ & 10947; do. do., coupon, 109% a 10942; do, fives of 1881, registered, 111 a 1113; do, do., coupon, lll a ILL. STOCKS UNSETTLED AND STRONG, The stock market was alternately strong and weak, but, with few exceptions, retained enough ofits spasmodic improvement to close at an ad- vance upon the opening prices. The activity and rise in New York Central were hailed as a signal of the popular. ‘inquiry for stocks which takes hold of the market periodically, and was the occasion of & good deal of buying on the part of conservative operators and dealers despite the stringency of the money market, It was feared by a good many that Lake Shore would “pass” the dividend for the current half year, but assurances to the contrary within a few days past have induced a recovery in the stock to 95. About the best prices of to-day were made between noon and the close of the sec- ond call, or before the scarcity of money was made known so positively. The stringency at half-past two o'clock occasioned a reaction of hardly more than 4a % percent, the market improving sub- sequently to the extent of 14 a 34 per cent. THE MOST ACTIVE FEATURE was Pacific Mail, which opened at 76, and, after ad- vancing to 7834, declined to 763%, its closing weak- ness being attributed to the announcement that the Board of Directors would hold their regular meeting to-morrow, at which would be submitted & proposition to create a mortgage of $2,000,000 on | the property of the company for the purpose of raising means to build new steamers in place of those recently lost. Western Union Telegraph fell off to 7934 a 793¢ on the report, possibly, that the Congressional committee would this evening dis- cuss the measures before it on the subject of a postal telegraph system. Wabash at 72%; and Ohios at 475; were conspicuous among the stronger fea- tures of the day, while Erie, at 53 a 6334, kept pace The Northwestern stocks were neglected and Rock Island was quiet and drm. HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest prices of the priucipal stocks during the day :— Highest, Lowest. New York Central 98}, 97% Erie... 53, 53 Lake Shore. 9535 94% Wabash. 72% Ti Northwestern... 83 1236 Northwestern preferred. 8635 865 Rock Island. 11034 109% St. Paul... 546 bay St. Paul preferred. . TMs Tim Ohio and Missigsippi. 47% 47 Union Pacific, 388 3734 c., C. and I. C,....... sone 3639 pore Western Union Telegraph. 80% 9s Pacific Mail.. TB 76 In Philadelphia Reading ‘feu off to 116%, but re- covered to and closed at 1) SALES AT THE NEW YORK STOCK EXCHANGE. Tuesday, Dec. 17—10:15 A. M. oe ee be Lh ae = US 6000 US 5-20, &, 7...88 L a 10 A. M.—Before Gaul. 900 shs Pac M SS Co 100 do. a xy: sass ra FFFE es= pransnznans spas 3000 Bou) NY 7’ 2000 Broakiyn is, Pi i 95 109 Va 6's, old, w0 NY C 300 ‘ ) Lake eek Si bds.. rans 2000 Tow Unton Pac int mi, 99 70W Var Pac lye imc.., Shik a pil T Chi. St Cc, shah 100 us te 08, "4 a3 Pa) Ur 18:30 P. M.—Before Call. 100 shs Un Pac RR..s3 S&M SRR. rt 100 BEE ea eS: 2 SSSSs eee = SESEEESESESE 10000 MI Hoosen n, ona ay Been ie 4th. 00 bd 100 * 10% 40 do... BY” BY dowssss 20 + 98 40: 83" i 33M) Martens lis. 97% 100 Chic & RI 11034 100 fi% 100, do F an "Go Hs 20 - Us 400 vis 3 7% 90 774 100 800, . De 500 Mee WOM th casas 1900 TT, 400Del, L & With... 800. 2? 200'T, Wa W RR... be 400 wo" a 7 1600 1a 50 do, 200 200 B, H& i S00 do. 100 Erie RR, 100 H & StJo 200 do. 200 1, dv. 200 1000 48% 300 Ipe,c &tG RID CS Bo 100 20 Ovseeeecereree 80 200 2:30 to4 P. M. 500shs Erie RR 5 600 LS & MSE 100 shs Con C of Md. 00 Con Coal. eamtngnassca—3 do. 30 Kansas if Texas, WoC, C&T 20 CLOSING PRICES—4 O'CLOCK P, M, Western Union. 79% a 7934 Northwestern. £244 a $8 Quicksilver ...: 46%. Northwest'n Pie a6 8 87 icksilyer pl 6 Ni Central.... 10136 a 102 Pet ams Be: ‘ Ohio & Miss, - Han & StJo Han & St Jo COMMERCIAL REPORT. Cotton Unsettled; Receipts at the Ports, 25,880 Bales—Flour Dall—Wheat a Corn Unchanged—Oats Easier—Groce- ries Quiet—Pork and Lard Steady—Pe. troleum Nominal—Spirits and Rosin Dearer—East Ind per Firmer—Wool Higher. Firm—Whiskey Tcrspay, Dec. 17—6 P. M, While the general stock movement continued emphatically slow there was soine little increase in certain departments, which resulted in Jai sales of @ number of commodities at full prices. Duiness constituted the chiefest feature in trade circles, however, while, as a rule, there was less of buoyancy and frmness, even when there was no positive decline, which was the case In several instances, The lower ruling of the gold premium was the occasion of some depression, but the ap- proximation of the holiday season affords the best solution of the existing quietude in most departments of trade. Cotton was quieter tu-day, though there was not much change in quotations, On ‘Change flour was dull and heavy, but, in the absence of any export demand, there ‘was no inducement for reducing prices, and quota- tions were therefore nomiually the same. Wheat was exceeding dull, and the scarcity of freight room preveated sales to any extent, There was almost no demand for corn, which remained about the same, with very light sales, The improved movement in whiskey continned, and prices farther advanced, holders asking $1 per gallon at the closing, The provisions trade remained em- phatically duil, and prices for most articles were merely nominal. The same quietness continued in the grocery market, but there was no change noticeable as to values. Potroleum remained dull and entirely nominal. Naval stores were decidedly better under less liberal offerings and more demand, Metals ‘wore generally qaiet, but copper sold to @ considerable amount at advauced orices, East India coule wore Goods Quiet—Cop- | hold. Wool sought | after and commanded full prices, Asuzs.—The market hay been very quiet, while prices Jobbing sales of pots were made at $825. Poarls remained nominal. Bur.pina Marentars.—The demand for brick has been moderately fair, and prices very firm, in consequence of the close of navigation. We quote cargoes of common $7,25 a $775; North River, $7 75 i $15; Philadetphia front, from yard, 1 $500 in timited demand'and stcady Bt $1 tor Rockland common and $1 75 for do, lump, Cement remained quiet and unchanged; quoted at $1 50 per, bel. tor Kosendale Laths wore in ight supply’ and ster spruce, no material change in the market singe our I ‘port, most descriptions remain- ing very quigt but steady. Wo quote Ble 3 patent io a tc. Paramine! $e. @ tor 16 08, he demand tor lake hag been fair aince our rket closed decidedly Armer. ‘The sales Acchogate about 50,000 Iba, of lake at Slime. a 820. cash and 82c, ‘or future dblivery, closing atSde. cash. | We also Rote sales here of 9 pigs o ts’ tin on private terms, eral lundred slabs re sa to have boen sold at trom a t the close, market condnued quiet for all 8; butt, ne heloss, prices were frin, Aside ral jolbing tra ave only to note sales a8 Rio, ox ‘remnpler, “at Baldinore, on private d 1,000 bags, ex Aquidna, on private terms, iain Seott &'Sons report the sto Staies, this date, as follows The 00) bases Now Orieang, 1,125; Mobile, 700; Savannal, 0, Baltimore, 16,008, ew York, 7,251. —Rio--Ordini uy ganze Bi, al c argoes, 1734 od J va—Governt c.; Laguayra, Ble ee, The, Domingo, Isc. a 13ke., Bol a ‘orton.—The whole market was tnsottled and feverish, opening ‘at advanced pricos under the stimulus of an active ema tor aed ‘spot and future delivery—subse- duently reacting ner the Beste of large omérings, and eM caitts nus torade onthe canis oh an advaeee na grades of spot oon — Decembor, 19 9 for Ja *y, 19K. tor Fe! ts 01 h, 2040. for Anal ate! for May and 2%, June—these figures ‘Phe bales sum up as follow Po-D Lat veg. Thin Export. “ 800 490 Consumption Speculation . |. In transit. . Total —Tnetuaed ta’ are ig bale’ Above ie y aoresy Sas low ening a the sales ws as follor ales last apant er three P. M. > cember, 400 at 19 7-I6c.. 1 5 400 at 19440., 300 at 19 7.1 1Ge., 100 at ge. Cy 3 jivo rar) 7-16¢., B. P! , 6 it 19) 934 January, "200 at 1954 400 at 19 11-16e. ‘ebruary, 300 at 197; a, fat W154 10 400 ; March, 100 at 20 5.32c. April, 200 at 20'7-16¢., 700 at 20340. Sales to-da; t 100 fi i a Ny 1c. ie hake ~ S. H i$ 11-160. ia} at 19 23-820.," 1 Want} sities Ke “too 9 F a at 19540, 0 at 10° s.i60, 200 af 19 9-160., 10) ‘ rg 193¢0.. 500 S160, 600 at “ike sc at aa iti at 19 $B, 1 at 19 .t0e, ati v4 0 at at 4 Jo; do at 19 18:1ee" DAL IHG.” BOD at IO IS ISS 400 at S00 at 19%c., 600 at I 2 20340-5100 at 20%40., 100k 20 1. at it 2080.08. P. B. 5 20'1-16e., 800 ut Bho, ib at t 200,,'S, P. 0 at Be, 200 at 19 1516. ie at 10 1S-160. 5 at iv 300. » "pales. Grand 23,200. Pau on cotton were the following figures:—To Havre, by steam, 1x. Uy sail, le, compressed. To a ch by steam, ca npressed. To Bremen, by steal pool, by steam, yd. iw steam, 9-[6d. a Syd., coo ceipts at the ports suin up as iol New € Drleans, 1 000; Savi ¢Wlimingtony, 174; Norfolk, "2,096; New til, 35,880. This day last week, sae i We uote nile, aun our Ortoane, Hf 199, Ordina Good ordinar: Texas. 8 Strict good srtiiaey i ha 16 i “316 Low middlii 19% Midaliny ae . Good midi 22 22h ose quotations aye based on cotton in store, runnitty in quality not more than half a grade above of below the Flour, 16,263 bbls. ; whea corn meal, 100 bbls, and 2,500 do, rye, 378 Arx.—Reetipt 60,920 pled corn, 22,300 di 4,145 bags; onts, 25,625 bushels barley, do. The flour market ruled dull, but there was no pres- sure to sell, and pricey were nominally the same. The sales were about 12,500 b Including all kinds, dora it uiet; 200 bbls. wolg a meal was hin the range of $8 30 3 50 for Western yellow and $3 40 a $3 W for do. W iter Ne quote = State, $3.0 ngs 02 Supertine si 575 9 605 Extra State 700 a 725 Choice Sta 19 a 775 Superfine We 575 a 625 Extra Western 1675 8 70 Extra Minnesota. +70 8 90 Round hoop Ohio, shipying brands 2685 a 70 Round hoop Ohio, trade brand. 725 a 80 FAM ee 800 91000 . Le 70 a 800 800 a 875 9.00 a 10 00 10 50 a 12 00 California. 800 a 850 Rye foi 40 a 50 Southern No. 425 a 525 Southern superfine. 550 6 25 Southern extra... 725 9 875 Southern fainil 900 a 1300 325 a 350 2360 a 365 38 a 39 » £00 3 3 60 - 1050 Which prices Ww The sales were about 45,000 use Ltnosty, in_ lots), at 43 a $145 tor interior Spring, $ $1.52 for No. 2 # Chicago, $1 56 a $1 97 for iair No. 2 alwaakes, $1 O48 for No. 1 do., $2 a $2 04 for white Michigan and $150 for am- Winter. Corn was dull, but nom lly ee same in Sales about 42,000 bushels, at 6 c. In store and 67e. afloat for Western mixed, closing with no buyers at those prices; other descriptions were entirely nominal. Oats were quiet and somewhat easie e ‘sales were only about 29,000 bushels, at 47e. a 47\sc. for new black Illinois, 463gc. for Western on the track, 49, for stained white Western and 50c. for new white Dhio. Old West- grn mixed held above the views, of buyers Barley— Sales 10,000 bushels Canada, at $115. Kye nominal at Herth, freights were still quiet, owing ityot room. Rates remained withou ‘eesels tor charter were in fair de ‘as comparatively more business con Is for oit ana gener cargo. vere Liverpool by steai ;oO0 bushels grain at.sd.; 40) boxes bacon, Os. ; and by sul, 800 bales cotton, 3c. @ 7-16d. 317) bags horns,40s, ; and {00 bois. rosin on private terms’ To London by steam, 7,500 bushels grain on private terms.’ To Glasgow by 18. tallow, ‘The charters include:—An ons, to Antwerp, full cargo provisio British bark, lence wadirect © a port general cargo, lump sum; an American tons, to Liverpool, general cargo, at current ence toa ni Mad mn private term port, 5.09, cases in nd ship, 1,174 rates;'a Norwegian bark (relet), Uinental port, America 2700 bbls. napht hence toa Spanish A petroleum at 6s, vs.—The general market has been quiet but ver frm for cloth, “wiile bage were dulland almost entirely nominal, Sales were made in Boston (siuce our last) J,u00 rolls of domestic cloth at 12ise,, We, auote: Domestic. eloth, 1245 1340. for Win: iis and isige, a Lie. “tor tho’ Shine “montis. Lust th entirely nommnal. Bags, 148 Mowe ax Jurm-For hemp the market remained dull | mi more or less nominal for all descriptions. Manila quoted at 10%c., Kold. Jute has also been neglected, Lut tteudily held within’ the range of Se. a fc., gold. Jute | pa have sold qu te freely since our Inst at ruil price. | Sales, 6,000 bales at 24gc., currency, and 12,000 Lales on private terms. Hay axp Straw.—The receip's since our Inst have been much lighter, but the stock 1s moderately fair and. the market firm. ‘Demand good. We quote: hipping hay, sii 5; retail 1 a $1%); log rye qualities do., | Saw, $101 9140; short rye do, 9c. a $100; oat, Se. a | We,, and wheat 7c. a | ioreeThe market remained very buoyant, but bust | ness has scarcely been as brisk since our lust,’ in or nid 0c. respec- } | tor short rib middies, 4 NEW YORK HERALD, WEDNESDAY, DECEMBER 18, 1872—TRIPLE SHEETS market for raw, Pee cither as regard: a, ihe dem ag guly to note sales of Kes clayed at Scat Refucd was also quiet, but without Fyborted ttn in. price revious figures. Wee 5_Cuba — Kefluing, interior to common, cS fair to "good fair, 9%. IKe.? a Ye.; grocery, fy We.;° ‘prime to che W sit al, hiids./wnd boxes, 10c. ri sete su a standard, ‘a—Dute Now) fo'12 Bio 0 We, SSI Jaa aul extrasape: Tau.ow was in much better demand and the was eo. too Dis. Reported ot 490 hhds. of ox rime: i Cominon outside al ge.) COUNtEY ab 8% and wacco.—The general market continued quiet for all descriiitions excepting foreign, which was in’ quite good demand at about prov ‘ious prices. We note gaica of 100 cases of o1d Cro » can tet wes Poi We. r Lec, ; 100 cases common crop, aves New York to. on private eer aitt Bf cates Onin dons at tee Kentucky, at dic. «ibe, ‘and 50) bales of ii tbe Whiskey, —Rocetpts, 572 bbla. The market, under mod. erate receipteand a continued fair demand, was again Bighor, closing firm atic. advance, The sales were 20) bbl Woot.—Although the general market has been quiet, neverticloss there hus been a moderately fair business consunmated (in a small way) at full prices. The de- mand was almost entirely trom manufacturers, who pur- chased in small Tots as, thelr requirements demanded. The sales have 000 r pulled, S7igc. ed Tbs. medium, 338e 5 19,08 Ths! pple wool, STig0. a 60e. ; 7,500 he seinen e 1K baer to, prime, » Mee. a Prine es market ez e unwashed fleece, +" $5c. 5 000 Lb Tiontevideo, 400. 5 740.5 SO bags extra pile 200 Fall Calltoen 2 bags do. ed al 20. Saget ‘30 bales extra’ Y putled, 55c, a Gle. me Iba. Fall California, 4,000 Iba. tubbed wool, 2,000 fox dombatleteges 18 bales super pulled Sl bales scoured omestic and 30 bales of domestic uoils—all on private DOMESTIO MARKETS, ~~ Gatrestox, Dee. 17, 1872, Cotton firm; AC at l6e. Ha pptiner: 'y, lic. a Zste. Net receipts, |, aioe ey ey 508 bales, 8: ae Jase gygning, 4,50 a Baw Oncxans, Deo. 17, 7a Cotton rices advanced; good or- inary. ites ae ddlings, 19'<c. <anidtings to thie Gonunout’ sb24,''Salg ti jas ae 5 aly. fe Je Gostsnenty Pa e3, it ovening, Cotton quiet and firm; Nomis, Deo ua ; § food ordi tow miduil Isc. a 196, sfnndatings, mS. L900 bales. orts— ritalin 40525 ConstWise, 1813" "Sales, 2008. "Stock, ‘aoe Savanwan, Doo. 1872, mall 2FTR) ood oral inary, 180. a” pale zy ese $ 960. Net. recei Great Britain’ 4,055. Sales, iia ie HARI peat Cotton steady ; middtings, 196, Not recolpte 3294 1 ales, Exports to Great Brituin, ess Sales, 1,10), Stoca, Mean) oursvirte, Dec. 17, 1872, Tobacco active and very vue Tor all grades, "gates hhds, Dec: 7 1 Flour wendy and poohang fod anton 20 Ne ety 2 for No. 1.8} Winte Minter gud! si ba heat ey but rhe 8, 600 bi at $1 63. Corn Grime but aulste Sane’ aetna state, Barley, steady, but dull: sales, 1 it $102. Corn meal tet for bo 1 %, tor T uniolte Dor owt. Raliroad treighthe Plose te Prue: reigt lour to e to Boston, Tae to New York, 62c,, and to i Borrato, Dec, 17.1872, ent,” 2,692 Dusheis; ina sou brake jour 8 a 8 kaise 8 wise, Lake Hao barley 100 bbls. oats, 724 di ‘ley, 6,508 do, ao, Barloy steady; Vanada, . a ; Western, Ba: ley malt easy; prime Winter 15 a $1 20; Canada, $1 28 ' Provisions dull; heavy me “sis, a'si3 50 lard, Sige, a Bice. ;dressed hogs active’ at @&° Other ar ticles unchanged, Deo. 17, 1872. Curcaao, Dec. yFlour in far lemand and firm. | Whent dull and lever; ny, Spring, $1 1 1 TOL a8) U2: elected told ie 5°. 0 it ed, 30) ected, 24 ye fi dt ejeoter rm and sca "Bariey {n fair'domand a "No Frovislons quiet and unchanged. 1 ne. Hams, in piekie, 8i%c. be. ‘Broom Ariay at Pico. 6 Tier rer" Us andl is pemidl averages. Other meats nominally upchan; ed § loa of bulk 5 ae Lb rn 3 in salt, at 3! Whiskey stron; c. a, bbls. yur, 65,000 whea do. corn, do. oats, 5,000 ‘do. 7,000 do. ae dorm Bele 064 8 Hote 19,000 Dushels wheat, 3,000 do. corn, 31,00) do. oats, 11,000 do. barley. HAVANA MAR 1d MARKET, Havana, Dec. 14, 1872. Sugar—Absence of business for want of sto tions nominal; the new crop is arriving. M sugar—Grocery grades in fair demand at 12% re arrobe. Sugar at Havana and a warehouse, 45,00) boxes and 225 hhds.; nzas receipts of the week, 725 boxes and 125 ihds, ; exported during the week, 4100 ‘boxes and 1000 lihds.,_ including i300 boxes Sind hogsheady to. the "United Stage in. falr demand at $16 20 per cwt. Butter quiet and firm. Flour firmer, but not. ‘quotabl fuigher. Hams quiet and weak. Ainerican sugar cured, $2550 a | rd, in kegs, firm at $16 75; in tins, eae firmer at $575," Tallow x quiet and steady. "Cont oli, In tins,in tair de- mand. mer at aba, Sea Lunver firm, Empty hogs: heads’ active at $4 Cooperage scarce and wanted. Freights firmer; small crait in demand for the United States; ‘per box of sugar loading at Havana for the United States, $1; per hogshead of sugar do., $3 25; per hogshead of molasses do., $3; to | 9; per hogshead ot mo- per hogsheatt or sugar Sas on the north coast the United States, $4 lasses do., $3 5) a $4. buoyant. On the United ixty days, omroney" oe & 9'¢ premium ; short sight, oyu 4 premium, sixty days, gold, 2154 a 22 pre- mium; short sight, 24 a 244 premium; on London, 34a $44 premium ; on Paris, 1 Te #818 D premiuin, EUROPEAN MA\ MARKETS, Loxpox Moxry Manxer, —LoxD0x, Dec. 1753 Consols closed at 91 ‘91 for money ani 9% tor the | account. Erie Ri Y shares, 42%. Consols opened at $1% a 91% for money and 91% a $i% for the account. United States five-twenty nag 1865's, old, 92; 1867's, 92; ten-forties, 883g: new fives, 39} Panis Bounse.—Panis, pee 17-3 P, M.—Rentes, 53f. Liverroot Corton Manxer.—Liverroor, Dec, 17-5 :30 M.—The cotton market closed unchanged. ‘The sales been 18,000 bales, including 5,00) for ling up) insgd, “Pne total usiness opened firmer. Mid- jerday we which were Cold regular close of the market, middling Orleans, 14d. @ aye bates, 80 TRADe 4 MANCHESTER. LIVERPOOL, Dec. ket for yarns and fabrics at Manchester is quiet but firm. The shipments of cotton from Bombay to the 16th inst.. since the last report, have been 6,000 bal PE et TS Breapsturrs MARKET. PivEnPOot, Dec, 17— M.—The receipts of corn for the past three days have en 22.00 quarters, Including 20,00 American, The mar- Kets dull, (Wheat 1. M4. per cental for red, West. ern Spring and 11s" 'gd°ror. ved Winters, Corn, 265.64. per quarter, per quarter for Canadian, The re- Ceipta of wheat at athe portfor the past three days have been 17,000 quarters, including 15,000 American. Livenrool Paovisions Manke?.—Livenroot, Dec, 17—2 . M.—Bacon, 38s. per cwt. for Cumberland cut. Beef, 9s, per tierce for new prithe mess. Bacon, 393. per cwt. mopuck Manget.—Livenroor, Dec, 17-5 fined petroleum, 19) per gallon. RODUCE MAKEET.—LONDON, Dec. ven- NPR | ing’ Linseed oil, £33 10s. per ton. Common rosin, 1s. per cwt. Spirits turpentine, 428 td. per cwt. ee F) L TO INVESTOR: E ARE SELLING AT PAR nd interest, and recommend to careful investors, th Mortga Re Seven-thirty Gold Bonds of the North: ern Pacific Railroad Company. Special attention i called to the ample land security on which tese ponds | 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 23,00) acres per mile of road. | JAY COOKE & CO uence of lighter arrivals. We quote :—New gre Western and State, 37c. a Wc., according to quality. Motasses.—Trade continued of an unimportant char- was nothing doing except in a joobing wa: of New Orleans were placed at from Wc, Cuba, clayed Cuba’ muscovado, refining Cuba muscovado, grocery. Porto Ric English Is! New Ori ¥ Naval pirits turpentine was considerably firmer, under legs literal offerings, anda | demand, Sales 295 bbls. at S8c., 50 bbl nod 75 bbis. at ee. closing at the higher price, opened firtn jubsequently closed ‘decidedly slater | with ‘pd for strained, walle holders were demand? ing $ 75, "The ge'or comprise 800 bbls. strained at 250 bbls. do. at $3 50, and 200 bbls. of No.2 at $8 90. Tat | and piteh were noininally unchanged irom former quota- | tous. ‘Oina.—The general market has ben quiet since our last, but notwithstanding the market lias exit siderable firmn lewlarly for tn ol, We quote ;Linseed, We: In casks, and 9 Fude sperm, § naturai Winter do. bleached do., 8! 70. Crude whale, Tc, for 1 a 65c., for youthern, 7c. for natural Winter, bleached do. Crude ‘cotton sced, Se. a Séc. for selected brown, Neatsfoot Jubri PerroLKom.—On 'Cha) opinion was manifested, ; Menhaden, C..8 Bie, Jor choice ty and 524° ig, $1 10 a $) to-day the same difference of | nd consequently there were no | co ransactions reporved. orters say they will not pay | eeertn ae ane dijerqand Focelvere millnot ake fra. Such Igibe cohak | WYANTED-$A.900 OR $0002, ON RLIGIBLE PROP. tion of the market rd refined. Crude, in | erty, in P Tah Wi Soe et morupage.f fair | quired for pooderatel ¥ and was avout st aly ‘a | bonus, Address F REAL ESTATE, Herak ere inactive, but nominally ouchanged; noted At Wo. & 0ac., Naplithe nominal at about 1s 7c. tor West- ert or os reek she market Femained duit and | & $3 50 on the SEper. $3 2) on the | ower road and $2 43 at Oil Cit. The hiladelphia mar- Ket was in. exact Refined was stil, ire ve condition asthe New York. eld ta sib de, ont 3,394 bbis.; beef, MS pack- and Uerces, do., and ii ah 3,280 Dbis. reported for Februar; AE SIS 20. Bncen was’ tn active demand at full prices: | e8 at Zac; and 500 of | r for January and Febru ry, at Dressed | one ed ce. ac. for ‘he Tange ot ‘Western or city. Bad was steady at trom $10 a $12 for new 5 reed $13 “a $i4 for do. SEtTA mens, bois. | $41 a $22 for do, prime mess, tierces: pie Au) do. ‘indie mess do. The sales were thin the range, | Beet aus sold to tenvor °tbin, ne from $31 _n $35, Cut meats were genes | rally qmiet but steady at ea ige. for smoked hams, be. Glac. for do. Ld lOc. for pickled hams, be, tor do. shouldei Die. Key hs 1. Tor di Mies, So, {er dry salt foulders 8 ang yc. a so. for fresh ba. pot if 25,000 Ths. of heavy bellies, In bul 20 baited hams for Januaty st ry boxes shoulders for January at dye. Lard—1 for Western was quiet, but about Cie pad at 7) 80 tlerces; aiso 500 tierc 8 9.1 tierces, contract 1 tor Mar extent of 100 The. 108, —T! na fair business ¢onsummated to- day in both foreign and domestic, and the market wag firm, | Bales 60 terces South Carolia at 7%C. a 3}¢@. ; 200 bags Ranioon at fe. a 740. VGak—There has been NO perceptible change in the | | Purchase First ar Apor T $15,000 IN PAST DUE COUPONS FROM STATE \ of Tennessee bonds forsale at 80. Address lock box 608 Baltimore (Mi.) Post office. | —NON ¥ TO. Lo. Bo Brook: n an ew ely 0 AMCEES, W Sop’ J | A. | pais oats room I SALE—A FIRST MORTGAGE FOR $1,000, ON LOT: sold for $6,000; no brokers. Address ‘MURIGA | FOR, N ‘ONEY TO I P Westehester THIS 15 Til ‘able express: | Wall street. IN EW YORK STATE SIXES, DU AN, only loan of Sew York State sate i in Coil. $100,000 for sale in sums to suit. wheter: NSE -& DAS, I supa more all street, Warten 300D SECOND MORTGA ES, CITY proverty only, to the amount of $28,0N; bonus small; money within one week, 8. SIMON, us a street. raise for. arouape of WARD & LEAV Want BOND coal jand at Wraatere. wit eo oe $10,000, Address M., box 1,995 Post office. $40. QO0- Hite fie T° hae inceane # term of years without b OHN'T $250.00 7 LOAN OR BUY MORTGAGES— Any desired amount, pro arty in New York, Brooklyn, Westchester and Also Money without Honus. PAUL P. ‘TODD. 88 Liverty te $300.000 TO LOAN. ON NEW YORK AND Brooklyn Real Estate for term: of years in various sums; no bonus requires Cc. WILLIS, Montauk Insurance Co., 168 Broadway. NREY, 162 Broadws: so1.UT! “OF COPARTNERSHIP.—THE PART Tp, heretofore existing between George W. Game and ames a. Dewey, under the Orm name of | George W., Gait & Co.,is this day. duesolved by, mutual consent. James J, Dewey is alone authorized to the business of the Iate firin, ORGE We be New Your, Dec. 4, 1872, fas DEWEY. N. B.—All orders. for. the acour” match mustbe senito C. M. Gamit, 136 Bast fhhsy-arst street, whfch wiil be promptly exdcuted, TOTICE IS HEREBY GIVEN THAT THE CO. | No parinersny heretotore existing | between Emit | Bank and John P, Cran, ac 324 Greenwich strge:. in the ely of New York, under the firm name of Blank & Crait, shereby dissolved by mutual agreement, Mr. Blank thos isempowered to settle the affairs of the late co- arinerstip and to receive, payment of, ie oustanding BAS Jou P. CRAFT, jgme a) In presence of Simon 8 Rorpar, COPARTN ERSHIPS. N' TICK. —THE UNDERSIGNED HAVE THIA DAW formed ® coparingrshi er the, Sem name Crommelin & Davis, for tion of @ comumisal business in ajocks, Bonds. sos ack, 5 Wall street 10, GROMMELIN. 17, 1872, JAS WHYTE DAV I. ns REAL ESTATE MATIERS. An Undercurrent Making a Brisk mard ket~The Past Six Monthy Transace Uons—How Business Men Dabble im Real Estate—Money on Mortgage: Easily Obtained—Legal end Priva Sales. ‘To a casual observer circulating among the road estate interest it would appear as if the greate: Stagnation existed in this particular branct: business, Those initiated, however, know better,’ and the readers of the Herat will probably ba astonished to learn, on the authority of the oldest and most respectable brokers and operators io realestate, that during the past SIX MONTHS TRANSACTIONS {n tmproved and unimproved property have heem* greater than during the same space of time sinca New York city was rst settled. ‘Transfers of to are made daily and hourly ut prices deemed almos' fabulous, and yet it is said that business ts dull. our banks were disposed to loosen their pursa strings somewhat and aliow real estate operatord mote margin on discounts, the daily recorda of transfers would be immense. As it is only moneyesk men can indulge in the luxury of purchastag reab estate. Merchants, who are doing extensive buat. ness in their leastinate line, haye been amiocted with a chronic mania, real estate operations These men draw every ¢ liar ne poaetble {rom thele pes ‘Inegs, ang uge the Tater to ol tain accom maada on idm thé banks, and such operators can be met stantly who are daily paying from ono anda ald | five per cent per month for Pega! G because: ihe tea? inload’’ any of the rect proportgr which “they"Garry on & inargin, il are com- Reet to make some of the contracts good or tor= it the ten per cent purchase money. THE ACTIVITY OF THE MARKET, which we mention above, exists consequently? among men of means, or ‘business men, oarryin, on a large trade, or such others who have a credit with the banks. The best evidence that good available property can at all times be realize: i; on 13 that first mortgages can readily be nego- tiated at trom two to three percent. Second mortgages, on the other hand, command all kindé of rates, sometines as high as twelve per cent, ALES AT THE EXCHANGE Toessby’ 3 were og and consisted of the follows ng -—By James M. Miller, auctioncor, one lot om ‘he southeast corner of Madison avenue and 109th street 20x100.11 feet, to G. W. Welsh, $7,900; alae one lot on the southwest corner of Madison avenue ie noe 25x100,11 feet, to Terence Farley, Jor $8,050, By V. K. Stevenson & Son, William Trist Bailey, auctioneer, one lot and atwo story frame house, east side of Monroe street, 250 fect north of Cathu- rine street, 25x50 feet, to T. F. Bayley, for $5,280 walk dager sale was by order of Murray Hait- mal price obtained for the Madison avenue prop- Mew Yorn, Dec, The erty above named, though small, was all that it is worth, in view of the Aepending heavy assessmen! for the extension of the avenue, filling in at grading. Besides that, the lots ‘on’ this thoroughe fare will not be fit to build upon for several years to come. THE PRIVATE TRAFFIC of yesterday embraced an extensive sale made by E. H. Ludlow & Co, of the lot situated on the north- east corner of Fifth avenue and Forty-ninth street. 83 feet 10 inches on the avenue, 100 feet on the side street, besides the stable lot on Forty-ninth street, 100 feet east of Filth avenue, 25x100, for $130,000, By William H. Raynor—One lot on east side of Grand Boulevard, 434.9 feet south of 138th street, 24,11x105; also two lots, 40 feet south of the above, each 20 feet front, averaging in depth 91 feet, eacir lot for $7,000, In mentioning the purchase of three lots by Mr. A. Sothern, in yesterday's HERALD, it was in- advertantly Stated’ that the lots were 16.8 feet front on Eleventh avenue, or West End, Instea of this it should have read seventy-six feet eigh® inches on this avenue, by 100 feet deep. COMMISSIONERS OF EMIGRATION. Letter from Secretary Fish—The Italiam Emigrants Not Banditti-What Is Bea ing Done with Them. The Commissioners of Emigration met yesterday, President O'Gorman in the chair. The Finance Committee were empowered to convert $75,000 of Tevenue bonds to pay a claim of the Broadway Bank. The foliowing letter from the Secretary of State was read and filed :— Kew Yor! ur letter of the 10th inst., relative to the a large number of destitute Italian emigrants, has been re In reply Thave to State that this Department heartily sympathizes with, the distress which may have been occasioned to those unfortunate persons by Impositions in their own country and with the embarrassment and charge to which your body has been subjected by their unexpected wrrival. ‘The proper authorities of the United States in Italy wil be instructed to adopt such measures as may best be adapted towards preventing a repetition of the griev~ ance. It is not, howev: cmed necessary to forward those instructions by cable, especially as itis understood that the Italian Minister cre has himself, through that miodium, communicated with iis government for & ait men, Your ol lar purpose. “1am, gentlemen, your obedient ser rane President O'GorMaN stated that as far as tha commission conld ascertain the Italian emigrants recently arrived are honest, hardworking people, who are anxious and willing to earn honest liveli- hoods. ‘here are, he sald, 230 on Magy Island. In a few days 00 wil go Virginia, where employment has been found for them, are still in Castle Garden, awaiting situations; twelve go to Harris burg, Penn., to places awaiting them, and Ma hg five are employed in wood chopping at nui ville, Vt. A letter from their employers at are numville, speaks in earnest terms of their good con duct. Mr. LyNow stated that an impression had gone abroad that the resident Itallans had done nothing for them, He was pleased to say that ome gentleman, Mr. E. P. Fabie, had volunteer to defray the expense of transporting those wha@ to Virginia at a cost of about one thousand dol- firs. The Italian Consul and others had algo ren- dered them important assistance. Dr. Halleck was appointed physician in Ward Isiand Lunatic Asylum at asalary of $2,000 pe year, and ‘ordered to report upon its Sonditions and the salary of Assistant Surgeon Esroyer was raised to $2,000, THE DANISH INUNDATION, Mr. Christensen, the Consul of Denmark, acé knowledges the receipt of the following further contributions for the benefit of the suiferers by the above calamity:— es tal. V1 ceviously ‘acknowl Total.. A further cabie re trance of 2,500 rix dollars has been made, making 6,000 rix dollars remitted im all. Recent mail advicea from Denthark clearty snow that the distress and si ng caused by the tremendous hurricanes and floods are even greater | and more widespread than tue telegraphic report® indicated, and further contributions are earnest! solicited and will be received at the Consuiate, Broadway, between the nours of nine and Lye, THE FIFTH AVENUE FIRE. ‘The following additional testimony in regard t@ the fre that recently occurred at the Fifth Avenue Hotel was taken yesterday before Fire Marshag McSpedon:—James McCormack being duly sworn, stated—I am an officer of the Twenty-ninth pre. cinct; was on post at time of fire atthe Firtm Avenue Hotel; my post was Twenty-second street, from Seventh to Fourth avenues; I came yu; Twenty-second street from Sixth avenue, y Aan the corner of Broadway Phd @ young man, asked me if | had heard any screams, and told hi ine id not; 1 stood on the east side of Broad— way for 8 few moments, and then J heard screams; saW &man-Tunning down on the we: side of What was the maiter, and hé said the Fifth Avenu Hotei was on fire; I ‘asked him is he Was sure an né sald yes; then I went to the alarm box oj Ht the Glenham Hotel, and sent out the al heard nocry of fre after sending out the Sisra? remained at the alarm box until an engine came along and told the officer where the fire wi r think an engine came in two or three min I then went up to Twenty-third streeé called the ofmicer thal came to me from the direction of Sixth aven' then went to the front door of the hotel and re= mained there until the reserve came; I think 16 was about filteen minutes past Kiya when I sene the alarm; I should think it was about five mins utes from the ort ie young an ante me about the screams until f sent ou! The case, 80 far as the Fire Marshal Is concerned, {efor the present closed, but is will be opened, agaiu by the Coroner to-date Broadway; I crossed over and asked ag