The New York Herald Newspaper, December 20, 1872, Page 9

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z ta Northwest’ Rock island... 83. Boston, Lay Bis SRS Oe ONE. sh A GOLD BANKER’S Stringency of the Money Market Unabated. SS ORDERS AN INVESTIGATION. Banking and Curreney Committee Report ~ a Bill to Prevont the Locking Up of Currency, +t _+____ ACITATION IN GERMAN FINANCES. | Heavy Gain in the Bullion Account of t | the Bank of England. eon “OFF ANOTHER POINT. ‘The Effect Upon Erie of the Restitution of Ite Property by Jay Gould. ISE OF FOUR PER CENT IN THE STOSK. Higher Prices and a Firmer Market at ernment Bonds Dull—Advance in Foreign Exchange—Active Demand for the Railroad Bonds, WALL STREET, ‘Tavaspar, Deo. 19-3 PM} On ’Change to-day cotton was in demand, but at Tregular prices, being firmer in the better grades, ‘out easter in the lower qualities. Flour remained ‘dull, while wheat and corn were quiet and without | -material change in value, | THE FOREIGN MARKET. } “The monetary excitement in Germany, alluded to riefly in Gespatches from the Continent, has occa- stoned neil result as yet in London, as far as may ‘be inferred from the quotations coming to us to- day, all of which show steadiness if not firmness. At was announced early in the forenoon that THE BANK OF ENGLAND had made no alteration in the minimum rate of *discount, which remains as before, at 5 per cent. | -The week's bullion report is quite flattering, how- ‘ever, and indicates growing ease in London, the | Ancrease having heen £601,000, or over $3,000,000 of \our money. Erles are the only security which show improvement, and their advance to 43% at the time of the regular closing of business in Lon- don is evidently a slow following of this market. ‘It was reported that the price of ERIE IN LONDON ‘this evening had gone up another 3 to 44, which is ‘the equivalent of only 54% in our currency, indi- | cating that the extent of the Jay Gould restitution nd of the advance in the shares here had not ‘been fully appreciated on the other side; but per- ‘haps the quotation 44 was made quite early in the ‘evening, or before the gatherings at the clubs in London had opportunity to act upon the closing ‘New York quotation of 5744. The agitation in the | German markets is attributed to reckless specula- | ton in the shares of the new banks which are springing up all over the Empire. So far it has | affected us to no great extent; but a good deal of German. cupital haa bean recalled already, and hence a HARDENING OF FOREIGN EXCHANGE and an advance in the rates, bills on London rising % because of their availability in the transmission homeward of the money thus recalled, ana also for emittance against European coupons or five- twenties. The following shows the new standard Of quotations:—Sterling, sixty days commerctal, 108% a 108%; do., good to prime bankers’, 109 a | 10934; do., short sight, 11034 a 11034; Paris, sixty days, 5.30 a 6.25; do., short sight, 5.2114 a 5.20; Prussian thalers, 713g a 72; Antwerp, 5.271, a 6.21%; Switzerland, 5.2734 a 6.2154; Hemburg, 95 ® 95%; Amsterdam, 40a 40}¢; Frankfort, 40% 0 41%; Bremen, 95 a 95%. MONEY STRINGENT. ‘The stringency in money assumed even severer features to-day, hard as had been the previous condition of the market. To borrowers on stock collaterals the lowest quoted rate in the open deal- || ings at the board was % per cent—equiv- @lent to 45 per cent per annum—and this extrava- gant figure was only a third: of that which was @ubsequently paid in the dealings on the sidewalk, | where as high as % per cent per diem, -or 185 per cent per annum was given for the use of money upon pledge of the ordinary Stock Exchange collaterals. There were dealings at 77 per cent coin, itis true, but they were confined either to ‘the government dealers or to those broker-bankers -who never lend at more or pay more than 7 per -cent coin, 5 THE.STRINGENCY IN CONGRESS, ‘The persistent stringency in money which is <caused a3 alleged by the withholding of money by ‘the pools: operating at the Stock Exchange has ~aroused the attention of Vongress, and a resolu- tion was introduced to-day directing the Banking .and Oarrency Committee to make an investigation ofthe matter, It will be seen by our Washington reports that the same committee have “reported ‘by bill” on the subject of the locking up operations of last year, in which the Tenth National Bank was involved, the Dill sub- «mitted being very stringent in its provisions for the punishment of any national bank or bank offictal for participation in any conspiracy to advance the rate of interest for money, THE RAILROAD BONDS. The railroad bonds were firm and unaffected by the stringency in money, the buyers of this class of securities being a8 @ usual thing parties who have ready casi. The inquiry took in nearly the whole range of the list and transactions were heavier and more numerous. Tho following were the bids at the close of the call:— New York Cen 6's, 1888. 91 New York Cen 6's,r ‘Seah denity it i 5 Bur & Fe 1 113, FEE ee prbecssse eee a7 ae = 222m ‘sigstee ‘The Southern State bonds were quiet and gener- ally steady. The North Carolina Ratiroad sixes were firmer, with 6¢ bid for them. The other chauges were not of moment, and varied only in the particular that the offered prices were mostly lower, There was no pressure to soll bonds, however, so that the asking ™ ‘figures were about as before, The fol- LAL AND COMMERCIAL. tor coupon, W030 81; do. new, #03 pager ax AT @ 605 ary & . axes, ams, Ox & 81; do. sixes, deferred scrip, 164 8 16; Georgia sixes, 700 80; de, sevens, 8Y a 00; North Carolina, ex coupen, 24 8 85; do, to North Osrolina Railroad, 56 s 60; de., funding, 1066, 26 a 28; do., do., 1868, 25 a 26; do., DOW, 90 & 23; 40., special tax, 13 & 15; Missouri sixes, 0¢ 8 05; do., Hannibal and St. Joseph, 92 s 03; Louisiana sixes, 60 0 55; do., new, 50 @ 55; do., levee'sixes, 608 60; do., do. eights, 65 270; do., do. eights, 1875, 65 a 70; Aln- bama fives, 658 60; de., eights, 75 8 82; South Carolina sixes, 50 a 54; do., new, January and July, 23 a 24; do., do, April and October, 25 a 26; Arkansas sixes, funded, 43 a 47. GOLD LOWER—I11}¢ A 111%. The gold market opened weak and fell off to 111% om the amnouncement that the Treasury would begin on Saturday the prepayment, without any deduction or rebate, of the January interest on the public debt, but rallied and advanced to 111% with the advance in foreign exchange, the reaction being nelped by the non-reduction of the Bank of England rate of discount. Subse- quently, on the’ report that the Bank of England had gained £000,000 sterling in its weekly bullion account, the price receded to 111% and left off Weak at 111%. The effort at “squeezing” gold was either a failure and haa been abandoned or is in abeyance pending the stringency in the money market, which is an obstacle that was not antici- pated when the movement was undertaken; or Perhaps the cashing of coupons yesterday at a re- bate of six per cent was significant of the means of relief at hand should the “corner” be pressed, not to speak of the Treasury order for the prepayment of the January interest, The bids for THB GOVERNMENT GOLD advertised to be sold at the Sub-Treasury amounted to $8,981,000, the prices offered ranging from 111 to 111,56, the million being awarded in one lot at the latter and highest figure, The suspension of Di- mock, Myers & Co. was officiaily reported to the Board to-day-_ A bfoker doing business on Wall Street was also reported in trouble, but it was as- certained he had no outstanding contracts in gold and that his complications were entirely of a legal nature and relating to his monetary obligations with a banking firm who had taken proceedings in Court for redress of their alleged grievances, The Sub-Treasury paid out $97,000 on account of inter- est and $5,000 on account of redeemed five-twen- ties, The course of the market ts shown in the table:— : ly 2P.h. 11% «8 P.M. P.M. 1s 12M. + ML P. 11%, 1P. M. « 1K 4P.M.. mx In the gold loan market the rates ranged from 1-82 for carrying to 1-64 for borrowing. The ope- ‘rations of the Gold Exchange Bank were as fol- lows :— Gold cleared Gold balances. Currency balance: GOVERNMENTS DULL. The government bond market was directly sym- Pathetic with the course of the gold market and at the early boards was lower, with the 67's “off” to 116. The decline brought in buyers, ana prices recovered 3 @ 3, the market becoming dull again and leaving off steady at the follow- ing quotatio! ‘United States currency sixes, 112% @ 112%; do, sixes, 1881, registered, 113% @ 114; do. do, coupon, 117% & 11744; do. five-twenties, registered, May and November, 112% a 11234; do, do., 1862, coupon, do., 112% a 11214; do. do., 1864, do. do., 11234 @ 11234; do. do., 1865, do. do., 112 a 113; do, do., 1867, registered, January and July, 111% @ 112% ; do, do., 1865, coupon, do., 115 a 115% do. do., 1867, do. do., 116% ® 116%; do. dos, 1868, do. do., 116 & 116%; do. ten-forties, registered, 109% @ 109%; do. do., coupon, 109% a 109%; do. fives of 1881, registered, 110% a 111%; do. do., coupon, 111 a 111%. STOCKS MORE ACTIVE AND FIRM. The inconsistent relations of the stock and money Markets were again a nateworthy feature of the day in Wall street, the larger business and firmer feeling in the one being in striking contrast to the excessive stringenoyim the viuer,” It to not im- probable that the sharp rise in Erie had much to do with imparting strength to the general list, but the argument from this standpoint is offset by the downward career of Pacific Mail, which lost as much as, ifnot more than Erie gained, and from its more recent leadership of the market, ought to have exerted a greater influence. The story of sErie 1s given at length in an adjoin- ing column and will be interesting reading to the thousands of Erie stockholders at home and abroad. The price of the stock opened at 533, as against 52% the previous evening and advanced to 57% during the course of the day, leaving off eventually at pretty nearly the highest figures of the day. The VALUE OF THE BENEFITS derived from the restitution made by Jay Gould is, estimated to be in cash about six millions of dollars which, distributed to the capital of $86,000,000, would be about 7 percent. Asthe rise in the stock has been only about 5 per cent within the past few days the advance is either dispropor- tioned to the cause, or the estimate of the value of the property restored (or to be restored) is too great. It is said that Jay Gould has prepared to take advantage of his own virtue by laying in o large instalment of Erie shares against the rise to follow to-day’s developments. So far Wall street has taken the matter quite calmly, as will’be seen in the modest rise in the stock, but we are yet to learn what London and England will do to-morrow when the news 1s laid before the British public in the morning papers. DIVIDEND ON ERIE PREFERRED | ‘stock, if we except a decision in the United States Court just made.that the preferred stock, in the matter of dividends, is anterior to all bonds and obligations except the common stock. The specu- lation in Pacific Mail has assumed new features, and the decline to-day from 8234 to 76% is attributed to @ lack of harmony in the recently organized “pall” clique. Western Union Telegraph advanced vo 8134, closing at 80%. The general market was firm and at one time a % per cent higher, but fell off again and lost a portion of the improvement later in the day, the newer features in the rise being Ohios and “O. 0. and 1.0.” The directors of the Rome, Watertown and Ogdensburg Rallroad have declared a stock dividend of five per cent, payable February 15, the transfers ciosing on the evening of December 31. The Stock Exchange governors have ordered the expulsion from the ‘board of R. R. Butler, lately charged by his partner, Mr. W. B. Clerke, with wrongful appropriation of the securities of the firm, HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest priees of the prinoipal stocks during the day:— om new has transpired as to the SALES AT THE FEW YORK STOOK EXOHANGE, Thursday, Dee. 1010115 A. M. 20, 0, %65, 0.. 115. $10000 US b% ae $e USERS He * pcer eon 32s rer — SESz5: u m4 ° i i & 500 1300 100 0 : 0 100 1200 53 300 500 833 200 400 ot Ey fou oA 20 Dh 900 7 100 70) it 1000 +. 86 BBEEE seShnSbessesssseses: 2 rs 2 SBBSSSSESSSSSSSSSESE stg ay rd—10130 A.M. Sa a Bit nggse J EEUEsastapanerepressegcegeese do. do. do. 3 é 3 do. 5 Mar S| Z Ist m.. sag? ae Se 3 a 8 5 B: cee EI : Sees: segagegsareseeeerrsereecae Br rei | 2 on ee eee ee ee SS ae ae oe we SESSeS ee: ae 60 300 ‘300 3 100 200 200 200, 3000 100 ig 2 ‘200 1000 300 500 200 1500 600 00 g 3 400 100 1000 400 Fd 300 800 a 100 800 1200 100 2000 900 200 400. 10 SB KK SSSSTS LEVIES 4Ss. cs eeo eS! ttt RRS RS aa be i Sees ESS) £3 aaa 12:15 and 2:15 P. M. - 11244, $73000 US 6's, cur, 12130 P. M.—Before Call. SESEEE 23 = SESESES 5 SBS! SESE SESESeeds: z fe, = = SESEEESESE SEESESSSSSSES: S ss: et SEESENSSEESE Se Dat Zana! eeeesesctess SEEEEE e ! seuauenuaey YERErEE = 3S 88 SESSESSSSESEESESSESESE Ay et PEzES S| eageanggunegaeeyeoegeerts BRESEREEEN EE: See engee > S223: Take Shore... S186 Union Paciiic.; 37% COMMERCIAL REPORT. Cotton im Demand; Receipts at the Ports, 0,293 Bales—Fiour Dull—Wheat end Corn Quict—Oats Firmer—Pork Steady—Lard Weak—Groceries Quiet— Petroleum U ngeod—S ptrite in pentine Steady—Rosin Firmer—Whis- key Firm. Tnurspay, Dec, 19-6 P. M. The merchandise markets remained dull to-day and prices generally tended in buyers’ favor, though fow radical changes occurred. The depres- sion of gold and the cuntinued stringency of the money market created an unfavorable influence, and tended to curtail the already timited require- ments of bayers, so that there were comparatively few exceptions to the generai rule of inactivity in commercial marts. On 'Change business continued light, there being but 8 limited movement in any- thing. Flour and wheat were aul, but un- changed. (Corn was dull aud nominal, With scarce enough doing to warrant a market, Oats were in more demand, anda free movement at better prices was the result. Whiskey, having been carried up to $1 per gallon, was kept steady at that figure. In provisions there was buta slow movement at about previous pMces. Cotton was in good request, but ‘at irregular figures, being firmer in the good grades, and easier in the lower qualities, Groceries remained quict, and the mar- ket was weak, excepting for coffee, which was firmly held. Petroleum was a little unsettled to- day, in consequence of the complication of the agreement between producers and refiners, the former to produce only a suficient quantity to meet the demand, Naval stores were in fair request and steady for spirits, but firmer for rosin. Corron—The market for spot cotton ruled tolerably active under a fair demand for’ spinning purposes. Ex Porters were unablo to operate, owing to the continuance of the freight embargo. The annexed quotations show an advance of fc. in the price of mjddlings and ec. in the price of good middlings, while good ordinary was re- duced 3¢c. and strictly good ordinary 1-16c., the market Closing weak at the revised quotations. For future de- livery the market was sor the most part weak, though fairly active, and closed with a downward tenaoncy at the lowest prices of the day. The sales sum up as fol- lows Last Eve'g. Total. 660 Export. Const 31,0) Speculation rs 30 Total... ‘Tose 2,520 —Included in the above are 360 bales to arrive. For fu- ture delivery (basis low middling) the sales have been as follows :—Salos lastevening after three o'clock—Decem- Der, $00 at 19%4c., 200 at 19 5. January, 2,300 at Tice, | February, 200 at | 800 at 19840,, B. P. B.; 100 at 400 at 19 Ide, ; March, 100 19 13-16e., to other April, 100 at 20 5-320. N60. § May dia Be. ‘at 205-160. ul, 5,305 bales. Sales to. to '3P. M.—Decomber, 260 "at 19 $-16c.; 200 at 19 9-i6c., B. P. 1; 300 a gat 19s 6O) at 1081s Jadtuary, iad 9H al CF al .; January at c. 300 at 19 7-160, 400 ACL ebruary, 200 at 10s, I Vi 1 7 ry ; at 19 13-16c., 100 at 194c-. 100 at 19 15-16¢., atld estar 100 at 1 “ . 3 April, 100 at 20 3-16c., 200 at 20%c., 100 at 20 7-820., c., 300 at 20i¢c., B. P, B.; May, 400 at 205160. 500 ic. Total, 13, les. Grand total, 18,400 bales. ‘The rece! pee aera from (Galveston, New Orleans, and Mobile being missin; p aggregate 9,292 bales. Rates on cotton to toreign ports closed firm the following figures:—To Havre, by steam, 1c. a 13¢c.; sail, 1c. com- ressed. To Hamburg, by jompreaaad, To 0 remen, by steam, verpool, b: steam, $d. a 11-164, } , by steam, ddd. 8 Ka., January, regular boats, We quot Uplands, Alabama, New Orleans, Texas’ Ordinary... 7 It 17 10% 18 Good ordinary. . 18 183 19 19) Strict good ordinary 18: 1934 19) w middling. 19 19) 1 20 alin P} 20) Middling.. a Good midditng 22 23 The quotations are based on cotton In, store, running in quailty not moro than half a grade above or below the *Sorenu.—There was but little doing in any description to-day, but, notwithstanding, the market remained ‘rm. We have only to note a sale of 3,076 bags Rio, ex Hidalgo. on privats terms. Wo quote :—Rlo—Ordii Ipige. w Io, 5 fair, cargoes, 16}ic, a 16K 1740. & 17%e. pam goes, ac a ernment bags, 90. ; do. (150, He 5 Smgapore pride, mate) Ibe, 3. Ceylon Taig abies faracaibo, I6c.-a 18}¢.; Laguayra: Tot a ltee: J amalca, Me, a Ibe. ; St, Domingo, 13440. a 13Kc. F m4 *frouR aND Ghaix,—Recetpts—Flour, 7,597 bbls. ; wheat, 4,760 bushels; oats, 23,850 do. ; corn, 19/900 do.; barie: 15,000do. ‘The flour market’ was ‘dull, but. there Fathor tiore inquiry for shipping grades, without lend- Ing to business. The sales aggregate about 8,600 bbls, in- fT all Kinds, at prices within the range of the ‘ap- quotatiotis”| Gorn meat "was generally iets sales were made within tho range $0 a'$3 bd tor Western yellow and white and $3 86. $3 90 for Branay- wine. We quote :— 3 No. 28tate. ++ $3 50 a $5 02 B18 a 603 70 a 72 750 a 775 575 a 6% 0 Round hoop Ohio, shipping brands. 6% a am Round hoop Ohio, trade brands. $00 @ 1000 Famliy......... {ms gw St. Louis low extra’ : 800 a 82 raigh 900 a 10 00 10 50 a 12 00 800 a 850 California. 400 a 5.00 Rye flour. 42% a 52 Southern Noerfine.. 550 a 62 South extra. . 125 a 875 Southern family. 900 01300 Corn meal, Weste: $25 a 350 Corn meal, Jersey. 360 a 365 Gorn meal, Brandywine. 88 a 390 jaltimore..... 0. De 36) a 365 0 50. f. 0. 8, ‘about $150 a —Wheat wi it 1 54 for Chicago and chotce Northwestern, and $1 55 1 56 for Milwaukee; choice held $153. Tho sales wore about $0,000 bushels at $1 42 a $145 for inferior Chicago, $154 for Northwestern, $1 80 for red Western, $2 1 White Genesee; | other descriptic entirely nominal. Corn was dull 6630. though one lot was reported sold at O7c. Ti sales ‘were only about bushels; 66, for medium new, é4c. for aif in store, a 67c. for old'mixed, afloat, 663g¢. for new Western yellow and 67}¢c. for old do. Oats were decidedly better, closing at 480. for prime new mixed, ‘The sales, foot up fully 50,000 ‘bushels nt a6c. a 463,¢. for new black Western, 47e. a '49e. for dark to lig! mixed do., Sc. for old white State, delivered, 52%c. S33ge. for fancy new white Qhio and yc. a S0c. for com- mon stained white Western. Barley and rye remained quiet and were generally bald above the views of buyers. cuts, Scarcity of room til ended to check trans. berth fr but ere was ho aj eh 0 1b Tae vet i for sneriee were pe mand, but the actual business smal. not essentially changed. The engagements were ‘oO Iiv Heat, 4a boxes acon, 60s. ; 400 bales Cot- +, and by ; f re; (or ‘were neglected and d nominal at a 4. pie sail 22,600 bushels grain nt vessel load from. 13,000 bushels grain at 1 So Lond om by ste 1G be baste Srate at Ot: ARE EY tor to Rotterdam or Antwerp, full cargo of provisions on private terms; a Norwegian bark hence to Havre, 3,400 bbls. crude pi leum on privi ;a Norwegian bark, 3,000 quarters grain to Cork iertordors Ys, a Norwegian bark, frou Philadelpnia to.a port int ited Kingdom, 2,000 bbls. residium at 74, ‘Motassxs.—There was no trade of consequence reported to-day, and prices remained nominally the rane. We quote — ota Crop. New Crop. - —a = Cuba, centrifugal and mixed. al Cuba, layed... 61.0. 2c. a 28, —a — Cuba muscovado, refining. a3. —a — Cuba muscovado, grocery, ae, —a — Brvellah Is oie. nglish Is} as New Orica + 85c. a Bc, BSc a 68c, Naval, S70} if spirits of turpentine was moderately fair and the market was steady. Sales were reported e280 bbls. at 60c., and 100 bb! c. flat. Rosin was in ray a favor. The transactions comprise :—600 bb! Bika’ 8, and a rumored sale of 8,000 dbls.'for Janu pis, at and 4 rumores le ,! bbis., fo - ary, price not stated, Tar remained quiet; 40 bbia. of North county brought $4 50, Parnoixox.—The market for rofined was completel unsettled to-day, and a definite quotation was hardly ob- tainable. The combination between producers and re- finers, which has been under consideration for some time past, hag at last been completed, and it is said that a number of the wells will in consequence be closed Mil they can regulate them go as to produce only a suifi- cient quantity to meet the demand, Sales were rumored ot ‘300 bbls. dard white (contracts for balance of month) at 2c. goes were still held at 273¢c., but that quotation may be regarded as entirely nominal. Crude, in bulk, sold to @ considerable extent at lie., but some Parties were holding higher. Sales 40) bbls. for balance of month at Lc. Cases were dull entirely noniinal. We quote :—29}¢c. a tha was also neglected and nominal tn th sales: quoted at 1630.0 176. At tho Creek the m: mained very dull, and under a pressure tosell prices wero again decidedly lower; quoted at $8 on the upper, $2 65 a $2 8) on the lower road and @2 96. $9 int O11, C ty. The hilade}phia market continued dull and entirely ‘nomi- nal. Cargoes of refined re still held at 27e. Later we heard of sales In New York of 2,000 bbls, of refined, con- [act for December, at 60., and'3,0W0 bbis, do, tor Yo, at —Receij , 4618 bbls. ; beef, 537 pack- Provisions.- ec apie Sark, 4008 his | re 1 Pp oa; cut meats, 2,6) lo. aha o kegs. thet for mess pork continued quiet nd steady. Sales 250 bbis., seller's December, at a Old nominal at $13 2. Bacon was in leas demand, still there was a fair business consummated. .at, in some in- stances, rather easier prices. Sales 150 boxes long clear, on private 5 250 festern long clear, for January and February, at ox: 200 boxes short clea last half of January, ai boxes do. beg eh, Thee. 5 1s Clear, for March terms. og Were extremely dull teret. lea at from 47g. th ‘and beef hams were pang confined to ‘same reos at I} Rr he al business was consummated to- day ‘and Rangoon, at former figures, but Patna still remained nédminal, ate sales of 60 tlerces Carolina ‘At 7%C. @ 834C., and 200 bags of Rangoon at 7c. a os. juGan.—The market for raw continued very quiet, and while prices were not quotably‘lower, they Were bare! gleady, "We note sales or 164 hid ‘of Unba at 940.) a Inhids. of Porto Hlog abies Ketined meas sade tothe buyer's favor aud quiet Quoted at a for ju 9.5 fair to good to prime, nary ; grocery, Food: oe Pe ogee prime. to © Use. ; cenirifugal, hhds, and boxes, 10c. 105¢0. fem, tihds and TC. ; 0, Havana—Boxes, 1c. Dutch standard, Now, ft a to 9, BY<o. a 9c. do,, 10 to 12, 9340. a 9%c. ; do., 13 to 15, 100. ec. 5 de to th, 10%e."a Ne; do. 5 i pat Wii Ni pede SNE ch ie ©. ; grocery, tnir to choice, I anita Noe’ to 12 Bo. 09 Sap uten standard, Nos 10 16,12 Oye. @ Oe. Manila—Superior and extra ee remained nominal in the absence of reported TALLOW was in moderately fair d a Seles 10,000 ibs. of prime at Sie. wud 170i Dota of Wears inRRY.—Receipts, 603 bbls, The t the closing price of yesierduy.” Sales 0 bois weBiee DOMESTIO MARKETS, Savanwan, Deo. 19, 1872, mceiion frm, moderate offerings: low midditn +4 sige Beings, terse. receipts, 3,734 bales. Sales, 2,241, Cuantusron, Deo, 19, 1872, 936c, a 190. Net receipts, 1,494 it Britain, 1457; coastwise, ‘10, Cotton quict; midaliny bales. Exports—To G Sales, 400.“ Btoce, 42,811, -Wirainaton, N. 0., a Spirits of turpentine firm at 650. Rosin en Bs Is tor strained, Crude turpentine steady at $3 for hard and st 82.80, $475 for yellow dip and virgin. Tar weak a’ Osweo, Dec. If Flour I i § and unchanged. Sales ot 1800 bois at 3 25 for No. Spring, 89 25 for amber Winter, $10'for White Winter and $10 50 for double extra,* Wheat quiet, but steady at $1 62 for No. 1 Milwaukee ciub, Corn dull} sales of two cars at 60c. Barley dull ; sales of 1,000 bushels Bay Quinte at $1 05, delivered to cars, Corn meal gold at st for bolted and $1 25 for unbolted per cwt. Mill- stead) ania oF shorts 26 Sa pipatutts, $22; mid- ., Railroad treights—Plour’ to ° 76c.; to Boston, 72c.: to New York, ( Burraro, Deo. 19, 1972 Lake imports—Flour, 6.200 bbla.; , n 5 Corn, 35,800 do. ; oats, 40,600 do. sornent, io poshala: 1,200'do. Rall’ shij at, 6,60) bushels BA, do. ; oats, a do.: + oats, 40,000 do, barley, 3.00 Spring, $7'a $7 25; bakers, , asvies chine i 950. sales in car lots of No. 2 Milwaukee §| hite Cannda at $1 83. Corn nominal at Boo, “Oats t} sales of Western at 40c., No. 2 Toledo held at 420. arley steady; Canada, 9c. a D5c. ; Western, 9c. 5 State, Toc. Rye nominal at ae. Barley malt firm; prime Winter Western, $1 15 a $1 20; Canada, $1 25. Barley malt held at 9c: Other articles unchanged. Curcaao, Dec, 19, 1872, Flour guist and unchanged. Wheat ‘steady; No, 1 ring, $1 20; No. 2 Spring, $1 13%4 spot; $1 if Januar ; . 3 Spring, $1 003 a $1 02; rejected, be. Corn quiet and weak; No. 2 mixed, 0c. spot; 0c. January? ro- lected, 29. Oats declining and dull; No. 2 23)0.; ro- ted, 22. Rye firm and scarce; No. . 8 GLY, jarley in good demand; No, 2 Fall, 6930. Provisions unsettled; prices generally lower. ‘Pork, $1165 spot. Green hams firm at 6c. a 8i4c., according to tl ie average, rs at 34¢.; short clear . d unchanged, easier and quiet at 9o, “Receipts—8000 bbls. flour, 34000 bushels wheat, 51,000 do. corn, 30,000 do. oats, 5,000'do, Bishels witeag BH dor Gores 3,000 de wats OR a i lo. corn, lo, i! ye rye, 20,000 do Darley. eae ‘ps EUROPEAN MARKETS, —Lonnon, Dec. 19-§:30 P. M.— United States five-twent; rie Railway shares, 433¢. Consol for money and 9'%'a 91% for the tos five-twenty bonds, 19052, old, ; ABET, Oa; ten-fortion, Bie; new Aves BG ANKYORT Bourse.—FRanK¥ort, Dec. 19.—United five-twenty bonds 95% for th issue of 1 mane Paris Hovurse.—Panis, Dec. 19—P. M.—Rentes 53f. 40c. Liyrroou Corton Mauxrt.—Livenroor, Dec. 19530 P, M.—The markot closed quiet; middling uplands, 1034. a 10344, ; middling Orleans; 10344. a 103d. Tho salos of the day have been 15,000 bales, including 3,000 for speculation and export. Sales of middling Orleans for December at IVERPOOL Breapsturrs MARker.—Liverroot, Dec. 19— P. M.—The market is dull. Liverroon Provisions MarKet,—Liverpoot, Dec. 19—P. M.—Cheese, cwt. for the best grades of American ‘Bye. Lard, es li — rae AvERFOOL Propvoe Mangrt.—Liverroot, Dec, 19— Eyvening.—Common rosin, 10s, 3d. per cwt. 'Petroioum, 16d. per gallon for spirits and 203¢c. for refined. Lonpon Propuck Market.—Lonnon, Dec. 19—Even- ing.—Calcutta linseed, 643. 3d. a 64s. 64. Linseed oil, £33 10s; a £83 168. per ton. ‘Common rosin, 11s. 6. per ewe, Perrovkum MArket.—Antwerr, Dec, 19.—Potrolcum, 611. for fine pale American. BINANCIAL, (ABOUT $15,000 0N Past DUE COUPONS FROM STATE Of Tennessee bonds for salo at 80, Baltimore (Md) Fost oftee. “+O Address lock box 08 A TGS TO OAs OF FOND, Exp Lee EO | in New Yor! m an lew Jersey. Princl- pals only apply to SAMUELS, WOOD, Jr., 156 Broadway, room 10. RUBA ISLAND GOLD MINING COMPANY.— judgment of $600, with interest and omeiins one of your directors for sale at a discount; al: shares of Mining Stock, received from said director and guar. anteed in writing. Apply at 178 Broadway, room 3. YAS STOCK.—FOR SALE, 200 SHARES MANHATTAN A giss Stock. Address GAS STOCK, how _1+" baa une, M'UULLOCH & CO, ‘41 Lombard street, London. Foreign Exchange, Commercial Credits, Cable Transfers, Circular Letters for travellers available in all parts of the world. JAY COOKE & CO., 2o Wall street. M ‘ONEY TO LOAN—ON NEW YORK, BROOKLYN, Westchester and New Jersey Real Estate; also to Purchase First and Second Mortgages, BERRYMAN, No. 3 John street, room 7. ‘ONEY LOANED ON NEW YORK, BROOKLYN, Newark or Elizabeth improved Property. Bring your papers from 1 to 4 o'clock. ‘WM, BOGERT, 61 Liberty street, basement. EW YORK STATE SIXES, DUE 1897.—THIS 18 THE AN a Smy loan of New York State made payable express i. $100,000 for sale in sums to su! digo: OGWIN & DAY, 16 I street, FFICE OF UNITED STATES ASSISTANT TREAS- urer, New York. Doo. 49, 1872. By direction of the Secrotary of the Treasury the inter. eston the public debt due January 1, 1873, will be paid at this office on and after Saturday, December 21, 1872, without rebate. THOMAS HILLMOUSE, Assistant Treasurer United States. IXPENNY SAVINGS BANK, , Astor plice, Established 1853, 5 : Boents to $5,000 received, Bank open daily trom 0A. M, to 8 P.M, for deposits and payments. N. Bic-As this is the seusgy for making presonts it is sug. gested to those proposit 10 80, jo presentation Of a savings bank book, with a suitable deposit, would be not only an appropriate present, but one whic! the promotion of much good to: e recipient. Let those who are blessed with prosperity reward those who have been faithtul but less prosperous, nor forgetting those Iped us in inaking our wealth. E MONEY TO LOAN ON CITY AND BROOK- algo for. purchase of second mort- ARD & LEAVITT, 54 Wall street. Bay MN 2, 500 7, LOAN—ON FIRST BOND AND MORT- ) BA gage, improved Property. Apply to 1. 8. SAACS, 243 Broadway, room H. 3 20.00¢ TO LOAN ON BOND AND MORTGAGE . on Improved City Property for five years; harged ; also smaller suns. PEND tole neneas RICHARD V. HARNETT, Ill_Broadway, room F, basement. _ () 00 WANTED—ON BOND AND MORT- 50. gago on Fifth avenue Property, worth 100,000; two per cent bonus will be pa’ Aig TAYLOR @ STEARNS, No. 13g 300 000: 7K eay RON NEW YORK AND ahaa Brooklyn Real Estate for term of ears in various sums; no bonus ré Li E. WILLIS, Montauk COPARTNERSHIPS. OTICE IS, HEREBY GIVEN THAT THE (00. partnership heretofore existing between Emil Blank and John F. Craft, at 324 Greenwich street, in the clty of New York, under the firm name of Blank & Craft, ishereby dissolved by mutual agreement, Mr, Blank alone is empowered to settie the affairs of the inte co- Rartuership and to receive parment of It outstanding ne . sigs * JOHN F. CRAFT. In prosonco of Stwox M. Roxpen. ———_--» +_—___ THE BLUE MOUNTAIN ROUTE, A Correction Touching Slecping Cars and Connections. New York, Dec. 19, 1872, To THe EprTor OF THE HERALD:— In a letter from Mobile published a few days ago in the HeraLD your correspondent states that the Pullman palace cars running between Lynchburg and New Orleans, over the “Blue Mountain route,” a eagles tan n. ni nections ce ~ \( ine street. diately made use oi the wires to facts. I find that the sleepers have not been taken Off as stated, and that the connections are as per- bas boon diverted irom sid tte in consequence o the statement referred to, please do me the favor to.carrect that part of your E rR TK article. ral Kastern Agent Blue Mountain Route, henge eaeicncpetaaginctenya! GHASTLY RELIO OF AN EXPLOSION. The men employed in dredging at the Cunard dock, Jersey City, drew from the bed of the river yesterday afternoon the bead of a man. The fesh tly decomposed, but the hair wan at- Taehet ou, skull, It will be remembered that the tugboat pens was destroyed at this place by an explogion and five lives were lost, As two of the bodies haye not been recoyerea, the conclusion Is irresistible that this head is that of sagt the vietima, The County Pbysician wad DQ: Sen Fist Naviowat Bane ov Jensey anty, to the order of Messrs. J. & ness. He told us chew of tobacco” when we set him up in businesa. We looked at bim as an honest man, and now we have found out that he has been speculating and aang all the money he had. He and his wife have told him he could have the money two years and @ half longer—we would give him that time to wi debe —tt he would give us a mortgage on the roperty, avenue to Hudson, R re first street, fro ——_—— _*~ Setzure by the Sheriff of & Wall nseog Banking Establishment for Allene Debts Ameunting to Thirty Thowsand There was considerable excitement in Wall street yesterday, Messrs J, and J. Stuart & Oe., 83 Nassau street, the well-known bankers, at- tached the property of Robert Baile, No. 2 Wail’ street, and Deputy Sheriff Brown took possession of Mr. Baile’s oMce. Mr. Balle is a Prominent gold banker, and the action of the Messrs. Stuart took Wall street completely by surprise. A HERALD Teporter called on the Messrs, Stuart yesterday and ascertained that they had loaned Baile $30,000, which he has failed to repay. “We gave him $20,000 in December, 1871, and $10,000 last August,” Mr. Stuart said. “He gave Us no security, BUT WE TRUSTED nM because we had known him for twenty-five years.” REerorren—Has he refused to pay the money? Mr. StuantT—He hus been fooling us all the time, telling us that he would give us his certified check any time, buthe never did it. Day before yester- day he gave us a check for $30,000 on the First National Bank of Jersey City. The check was worthless; the bank would not redeem it, Rerorrer—OCould I see the check? : Mr. Stvuart—Yes; here it is. ‘The check was as follows:- nF Orrv, Dec. 17, 187%. TY i— rrr J. Stuart & ¥ tugatnd dothars (990,000. ROBERT BALE? Mr. StuarT—Ever since the 27th August we have tried to get vhe money back, but fom Bite y ut could not get it OH, IF TE HAD BEEN A STEADY MAN we should have let him keep it long enou pee we Fane boas nea ea about hs Teices ions in stocks and everything else; had to do something. ‘s ee eye risky speca- ReEPORTER—You have had dealings with him for many years, have you nott Mr. aeingitad yes; we set him up in bust- hixaself that he “wasn't worth » worth of property in Jersey City, and we bp ire ota let refuse ie ir. StUART—He did no! it his wife did. told me coolly that 4 thers I GOULD NOT TAKE THR MONEY TO THE GRAVE with me (Mf Stuart is a ceutlenas somewhat advanced in years), and that I could better afford to lose the money than she could. Now, in regard to that check, he told me day before ‘yesterday, when he gave me the check, that if it were good We should not'require the payment of the interest, which would amount to three or four thousand dok lars. He said, ‘That check is good,” and when we presented it we found that it was worthless, i eepearne Haye. you applied for an order of ar- Mr. STUART—No, we have not; we did not want to deprive him of his liberty; all we did was te attach his office, desk, money, &c, We attached his funds in. the Bank of the kepublie, which may amount to one thousand one hundred dotlara; im the Third National Bank, perhaps three to four hundred dollars; in the Bank of New York, about one thousand dollars, and in London, where he hag perhaps eight to nine hundred pounds. REroRTER—You have always found him honest im your dealings with him? Mr. Stuart—Yes, sir. Our suspicions were aroused but ten days ago. We have loaned him, off and on, FIVE MILLION DOLLARS since we became acquainted with him. He hag always raia his debts promt until this difficulty arose, don’t think he has been acting fairly towards us lately; but then he has been in such ® state the last month that he has not known what he has been esti RerorTeR—Did you make him an offer to compro- mise matters with him? Mr. SruaRt—Yes, we did, We made him a very handsome offer. We told him that if he would give usa Heke on the property we were willing to give him $10,000 cash more and allow him two yeara and a nalf in which to pay the debt, He could pay us in monthly instalments of $1,000, This offer was refused, Mrs. Batle refusing to give her consent. REPORFEE Do you expect to get your money ac Mr. Stuart—We really don’t know; I don’t think we'll get much more than we have secured by attachment, The reporter called AT MR. BAILE’S OFFICE, No, 2 Wall street. The sheriff's officer held possea- sion of the office. Mr. Baile, who is a very re- spectable looking old gentleman, received the re- porter with cordiality, and requested it “as @ particular kindness” not to be interrupted in re- gard to his difticulty with Messrs. Stuart. ie said, with much politeness, that he had absolutely nothing to say: va ur ASSESSMENTS, ners . Ata meeting of the Board of Revision and Cor- rection of Assessments, held at the Comptrotier’s oMice yesterday, thirty-six assessment lists were confirmed, as stated below. A large number of lists, to which there were objections filed against their confirmation, were laid Over for the action of the Board at their next meeting on Tuesday, 24th instant, LISTS CONFIRMED. phaving Forty-sixth street, from Ninth avenue to Norte ver. Paving Seventy-fourth street, from Third avenue te “Saving Sixteenth street, from First avenue to ave "¥aving Eightieth streot, from Second avenue to Third *Paving Fifty-sixth street, from Ninth avenue to Tenth *'Faving Fifty-Arst street, from Broadway to Bighth ave- mSaving Forty-sixth street, from Second avenue to East Paving Corlears street, from South street to Water td ving Eighth street, from Broadway to Pourth ave nue. Paving Thirty-fourth street, trom Ninth avenue to ave enth avenue, Taving Watts street, from Canal to West street. Paving ‘Broome street, from Broadway to Hudson wiiving Broome street, from Norfolk street to East "Raving Bighty-sixth stroot, from Eighth to Ninth ave- Mist Thirty-cighth street, from Lexington avenue to Paving Fitty-second street, trom Ninth to Tenth ave- Wewer in Sixty-fifth street, from Fifth avenue to Ninth npewer in 113th streot, from Third avenue to Hudson v er in Seventy-second street, from avenue A to First avenue. Sewer in Hudson street, from Bank street to West ‘Twelfth str: eel Rewer in listh street, from avenue A to Pirst avenue. Sewer in Seventy-fifth street, from Tenth avenuo to and through Ninth avenue to Eighty-first street. Sewers in. bi ana and Fifty-sixth streets, from Ninth curb, gutter and flagging Eighty- ‘avenue to Public Drive. Regulating, grading, curb, gutter and flagging Forty- im lating, grading, sixth street, from Eleventh avenue to North River. Curb, gutter and flagging Seventy-fourth street, from First avenue to avent ue A. Curb, gutter and flagging Fifty-sixth street, from Sev. enth avenue to Broadway. Curb, gutter and flagging First avenue, from Thirty. third street to Thirty-fourth street. ‘Curb, gutter and flagging Listh street, from First awe enue to avenue A. Flagging Sixth avenue, from Fiftieth street to Fifty. ninth street, Flagging 1234 street, from Third avenue to Fourth “‘Viaguing Fifty-ninth street, from Ninth avenue to Tenth av ingging Fiftieth street, from Fifth avenue to Madison. \Mageing Seventy-seventh street, from Third avenue to Fitth aven| Fingwing Pifty-afth street, from Broadway to Eighth avenue, A DOG DIFFICULTY, Great Dog Fight Near Brooklyn Yester~ day. The quiet precincts of the Prospect Park Fair Grounds course, near Coney Island, were excited yesterday afternoon. The occasion was the novelty of a canine combat, and @ great crowd of New York and Brooklyn dog fanciers ond fighters met at a place near the racecourse to wit ness the struggle. There were two game doge matehed for $1,000—“Brandy” and “Punch’—the latter an imported animal, which was com- the king-pin assassin of all “pups” ar “crossed ter Path. The betting, however, ‘as in favor of Brandy, the New ¥ en When the fighters were placed in the pit, at Balf- ive o'clock, the greatest excitement fe grit Sette tes ‘Sree ote excitement ae ‘the spec. re. Pick tators: in ‘were made and taken. man offered to bet aa Brandy, but there wi hotakers, One Slr sto to was offered and, taken, For the frst | a appeared =e shortly thereatter “Brandy” rent weakened. His stock began to fall, but : soon rallied and after the hour panes, wag evi- dent that his antagonist must fall, Punch het® out until nearly two o'clock, when he sda fell, and in a few moments was A saree amount 0} money exchanged hands on thie resal ing dog, Brandy, is owned by a New Punch is his twelfth victim. There has been ‘among the d men of Now oR re CaN, eat certain class oF 18, * ntood that this strug@’ bre qsterday Would Get i@

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