The New York Herald Newspaper, January 14, 1873, Page 9

FINANCIAL AND COMMERCIAL. The Money Market Working Satisfactorily. The Relaxation Slowly and Stead- ily Progressing. An Irregular Movement at the Stock Exchange. FALL IN UNION PACIFIC SECURITIES, Washington Lobbyists and Politicians Operating in Wall Street. An Advance in Rock Island and a Further Decline in Erie. CONGRESS AND THE FINANCES. The Gold Market Lower and For- eign Exchange Heavy. Recovery in Government Securities—Interest- ing to Holders of Virginia Bonds. WALL STRERT, } Monpay, Jan. 13—6 P. M. COMPARISON OF THE IMPORTS. The following shows the imports, exclusive of specie, at the port of New York for the week end- ing January 10, the first in the account for the new year:— 1871. 1872, 1873, Dry goods.. $1,811,342 $1,617,996 $1,562,478 General indie. 8,829,450 4,631,205 9,785,628 Total for week.. $5,640,792 $6,249,201 $5,348,106 THE FOREIGN MARKET. The London quotations show steadiness in con- sols and @ fractional yielding in United States bonds. Eries were weak all through and declined to 47, but closed at areactioa to 4734—equivalent to about 68% in our currency, the price at which the shares closed in New York, showing a more uniform relation of the two markets than has been their experience for a good while. WAUL STREET AND CONGRESS, The proceedings of Congress to-day had more than usual interest for the street, chiefly on account of a proposition from Mr. Boutwell for the enact- Ment of alaw that the amount of legal tenders shall not be less than $356,000,000 or more than $875,000,000, This matter is not within the prov- ince of Congress to act upon. The legal tender de- | Cision of the Supreme Court prevents the further issue of legal tenders. If the present limit be $856,000,000 then Congress can autuorize no more. Congress can sanction CONTRACTION, BUT NOT EXPANSION. As to the limit of the legal tender issue, whether it ts $856,000,000 or $400,000,000, the question should be decided by the Supreme Court—a test case of some sort being arranged so as to invite the opinion of that tribunal. The otner matters were resolutions te repeal the tax on the circulation of banks, 80 as to allow circulation to State banks, and to repeal the law under which the Treasury withholds only one-half the amount earned by the Pacific railreads in the service of the government, carrying the mails and the like. A motion to lay the latter of these resolutions on the table wayde- feated, and the former was referred to the appro- priate committee. MONEY EASY, The money market was easy, or at least it was called 80, out of its contrast to the recent strin- gency, the rate on call being 6a 7 per cent on gov- ernment bonds and 7 per cent currency to 1-64 “and interest” on stock collaterals, the prevalling and average rate on the latter securities being 7 per cent, coin. Toward the close of banking hours there was an abatement of the demand, and by three o'clock the rate on the street had fallen to 6 per cent on stocks, and the quotation closed 6a6percent. Mercantile paper was in better re- quest and quoted 8 a 12 per cent discount for prime names. Foreign exchange was nominally steady, but heavy, and sterling was to be had at a broker- age of 1-16 @ % per cent off the prime rates, which were 109% for sixty day and 110% for sight bills, GOLD LOWER—112% A 112. The gold market was lower in its average quota- tion and duller, the excitement of the past week having died away with the weaker tone of the foreign exchanges. The highest price was 112 and the lowest 112, the latter being only nominal, how- ever. count of interest and $4,000 en account of re- deemed five-twentit The course of the market is shown in the table:— 12% 2 P.M. 11214 12% «3:00 P. M. 12% 112% 3:30 P. M. weve MDG 12 12% In the gold loan market the rates ranged from 6 per cent for carrying to fat fer borrowing. The operations of the Gold Exchange Bank were as follows: 4P.M. +1125 @ 11234 Gold oleared. ++ $31,205, Gold balances. 1,848,218 Currency balances. ao 1,505,715 THE RAILROAD BONDS. The railroad bonds were firmer for the general st, with fair activity. The exceptions were the Union Pacifica, which declined to 85 for the first mortgages, 74 for the land grants and 23 for the in- comes. Soston, Hartford and Eries declined to 425. The following were the bids at the call, as amended by the prices in the later dealings at the Board :— Now York Cen 6's, 1887. 90 Del, Lack & West Ist m OT New York Cen @'s,re.. 89 i Del, Lack & W 7's con... 97' Tol & W Ist m, StL div 92 abe ‘est Ist mo, 1888. Gt West 24 m, 1893. Galena & Chic 24 m. Chic, RI & Pa Morris & Essex Ist in. jor & Kesex 2d m. H §3 Southern ist NJ Sout ri Pits, FuW, Harlem Pitts, FW ic 2d Alb & Sus Bitte FW de Chic Sd mn. 9404 Alb & Sus 2d BPW ACS Dc eutbdsiy Chic, Bur & lev & Pitts 20 m.......100 ich’ 807 pei Clev & Pitts 3d in. Mich Bo &'N Clev & Pitts 4th m lev & Tol new €, BP & A old bas. SP aA pene &ki & M s 4 Mil & St Paul Ist, 7 310, 9% qi aot pamate wi Paul, Lowa div sv}, Mil & St Pauldaim 4 Marietta & Cin Ist Ww Tolig Coh che # in © 2 Chie &N WBE cee. 101% Col, Chile & Ind € 2d Chic & N W con bds.... 9155 NY AN Ho's « W Chie & N Wexten bds. 913 Bost, H & Erie 7's, Ist m 4245 Chie 4 NW istm........98% Bost. H& Ko gnarntd.. Uy H Ced Palis & Min Ist m.. 79% N SECURITIES QUIET. The Southern State bonds were quiet for the gen- eral list, and prices steady, The Virginias were inclined to firmness, in consequence of the adop- tion by the State Legislature of a resolution ap- pointing @ special committee to meet the bond- bolders in a conference at Richmond, February 3 prox., for the adjastment of the matters in dispute between the State ana her creditors, The Tennes- Sees and the new South Carolinas were ® fraction lower and steady. ‘The follow- ing were the closing quotations:—Tennessee, | eX Coupon, 80 & 80%; do., new, 804% @ 8045 Virginia, ex coupon, 46 a 60; do., registered stock, Old, 87 @ 42; do. sixes, consolidated bonds, 654 a Goss de, do. deferred scrip, 16 @ 16; Georgia sixes, The Sub-Treasury paid cut $360,000 on ac- | eu | 200 af & 7 20”) Pac RR of Moad 200, 000 Chie & Alt Ist. 5 Ww 10 shs Park Ban ww ‘5 Metropolitan Bank. 133 bo Sen Bani 9 400 40 Fi lo gw 10 M land Coal Py 1 | WW) Amerwan Goal, 6 8) 660 West Un Tel. Big 200 Uy Ot eee w ae 10) Goo on ww cL loo 0 T0 wo too 0 luo 400 wo bo aa soo Ww ww iw WEW YORK HERALD, TUESDAY, JANUARY 14, 1873—TRIPLE SHEET. 70 @ 80; ao. sevens, 58 a 00; North Carolina, ex coupon, 83 @ 34; do., to North Carolina Railroad, 55 a 60; do., funding, 1866, 25 a 28; do. do,, 1868, 24 a 27; do., new, 19 a 21; do., special tax, 10 @ 14; Missouri sixes, 923; & 934; do. Hannibal and St. Jo- seph, 90 @ 9034; Louisiana sixes, 50 a 55; do., new, 45 & 62; do. levee sixes, 50 a 55; do. do. eights, 60 a 70; do, do. eights, 1875, 60 & 70; Alabama fives, 60 a 64; do. eights, 82 a 90; South Carolina sixes, 40a 50;.do., new, January and July, 22 a 23; do. do., April and October, 23 a 26; Arkansas sixes, funded, 35 a 40, GOVERNMENTS BETTER, The government list wavered a little at the early boards, under a further disposition to sell, in sym- pathy with the weaker ruling of the gold market, but rallied at the last board, and in subsequent dealings improved a fraction and closed strong. The currency sixes advanced to 113%. A continuance of easy money seems to be all that ig now necessary to start «@ fresh and active demand for government securities. The following were the closing quotations:—United States currency sixes, 11334 @ 113%; do. sixes, 1881, registered, 1151f # 11534; do. do., coupon, 15% @ 116; do. five-twentics, registered, May and November, 112% @ 113%; do. do., 1862, coupon, do., 113% & 113%; do. do., 1864, do. do., 11344 & 113%; do. do., 1865, do. do., 114 & 114%; do. do., 1867, registered, January and July, 114 a 114%; «do. do., 1865, coupon, do., 113% a 11344; do. d0., 1867, do, do., 114% @ 114%; do. do., 1868, do. do., 114% a 114%; do, ten-forties, regis- tered, 110% a 11074; do. do., coupon, 110% a 110%; do. fives of 1881, registered, 111% a 112'¢; do. do., coupon, 111% a 112. STOCKS UNSETTLED, ‘The stock market was unsettled and the course of Prices irregv lar, with the average result rather on the side of buyers, the market towards the closo becoming fairly steady, with a moderately firm undertone. The weak spot was Union Pacific: which, under a pressure of sales on orders from Washington, declined to 34, the orders being predi- cated upon the action of Congress in proposing that the government shall withhold payment for the carrying of mails as long as the road remains in default upon the interest of the government mortgage. It is not unlikely that some ef the honorable members of Congress and a goodly proportion of the Washington lobby are ‘short’ of Union Pacific and hence the movement to depresa the stock. Not that it need amount to much for this reason. The experience of Wall street brokers is quite uniform that LEGISLATORS AND LOBBYISTS are among the uninckiest of their customers, and that in nine cases out of ten it is a pretty sure thing for profit to “copper” an order from Albany or Washington—or, in tess technical language, to Operate contrary to such an order. It is hard to understand why the men who load the dice should make bad play; but we give the facts, as any broker will attest. Itmay be that the game in Union Pacific will prove an exception to this experience; but then it has merely the chance of doing so. A further break in Erie to 581; was attributed to in- tended new issues of stock for the acquisition, among other objects, so it was strangely rumored, of the Rome and Watertown Railroad, though where the connection was to be established was not explained. It was also said that the property conveyed by Jay Gould was heavily mortgaged, and still another rumor had it that the company could not pay the dividend on the preferred stock. Some of the sceptical auditors of these various state- ments fancied they perceived in the whole of them a deliberate effort to weaken the stock in order to permit purchases by Jay Gould and his Lake Shore allies, with whom Erie is now THE GREAT DESIDERATUM. Rock Island advanced to 1113¢ on a rumor that an injunction had been procured preventing the sale Of the $6,000,000 new stock notified to the Stock Exchange and which is due upon the market day after to-morrow, but fell off to 110% when the rumor was denied. Professedly shrewd parties as- sert that the new stock has been already taken care of, and others insinuate that it may not be issued at all, except as a dividend to present stock- holders, fora small consideration per cent. An advance of one per cent was recorded at one time in Ohios and C., ©. and I. ©., but they lost a por- tion of it laterin the day. Western Union Tele- graph got as far as 845s, when it declined under large sales to realize profits, but reacted at the close to 8494. Pacific Mail was feverish within what for it was a narrower range of fluctuations— viz. 7g 271%. Boston, Hartford and Erie advanced to 87, on the announcement of developments in the Boston Courts impugning the validity of the Bur- dell mortgage. New York Central wasla2 per cent lower. THE CLOSING PRICES, The following table shows the highest and lowest prices of the principal stocks during the day :— Highest, Lowest, New York Central. 10255 11 Brie........ oe 59% 58% Lake Shore 93 9214 Wabash... 73: 13% Nerthwestern os (No transactions.) Northwestern preferre 873 tied Rock Island. ALL 1093 St. Paul + 62 513g St. Paul preferred. 7 Ww Ohio and Missiasip; 47 46 Union Pacific. 86%¢ 34 C., C. and TC. 30% 28% Western Union Teleg! 84% 8335 Pacific Mall..........+6 1% 10% In Philadelphia Reading was strong and ad- vanced to 114%, but receded to 114 at the close, SALES AT THE NEW YORK STOOK EXCHANGE. Monday, Jan. 13—10:15 A. M. $2000 US 5-20, r, '67..... ng 10 A. M.—Sefore Call. 100 shs West Un Te! on do. 20 50 500 2) ds iw do. 900 do. ee 20) Pac M 58 Go. 100 do. do. SUP RR, do. it COR ge BONG 100 BC 6's, ny In & Jy 2 1000 Miskourl 6's, i 10) Alabama 5's. ‘T00U NY 7's, b i. y 200 Brooklyn 8's, Wi; 934 1000 N_¥ gold Joan, '87 115. 3000 Erle Ist in. 1OL 200 100) Harlem Ist m:... 100!4 200 5000 Alb & Sus 20m... 98 000 © Pac State ai no 10000 Lake Shore conr bated 1000 H & StJ 5’s,con.. 92), 1000 Chie & Pac i’s, 10055 200 1000 P, FW a4 ent PS oo 5400 Ohio & M const. 923s Too) Ohio & Miss 20m, 85 * WONY&N HOS... W' do, wares 91% 1000 West Un Tel 7 6000 Lat Bi'n& Miss 1 aS 200 shs West Un Tel..c 84! 70 do. 84 2 F # & 100 cy 200 : 84% 100 B, 1 Basg 100 200 . 8, 20 109 84g 10 100 84% 100 400 Bie san 8 FB ousk a 300 4g 600 do 46 100 Maria dig 29° 2400 46 100 N Cen Co 183 464, OD 46: 100. Am MU Ex ‘ 100 Mil & 51 100 ¢e. : oe 300 oa 5 do. 170° 100 a 5 15 Adams Ex : 95 100 Mit & 10 Wells: Fargo | 83i¢ 100 & Bt a 100 Pac M 88 TH, 100 Pitts, Fe Fo 500 di 71% 20 Del, L& +, 9 woo 200" de. 33 0 di 1000 do. ce 500 do. 120 Mor & Kasox 600 do. ISNY,NHH & Hart RR ll 100 do. 3p SOStL,K ON pf... 60 SONY C & 100, C& 38 zs i 2 0. 200 4 30 do. 3 500 o. 300 do. ' 7% = go. $0 do. a e & 8 0. ~ Mo de: Tito °S 3 200 200 $9 oo ae is 200 500 200 1300 Ey 12:15 and 2:15 P. M. 100 US 5-20, r, 67. BSE os ESSSEEEEESESESES Bees 700 ao. 10! 100 Mil & St Paul RR.. 51g pt 10...» 5): 20) Ohio & Miss RR. .83 100 do.. 50 2, 20 COs,n, inéJy 2 10000 Un Pac Istm..... 8534 600 do. ty 101 10000 Un Pac 7’s, 1g. 74% 1200 do. 101 5000 do. + a do. 101 Tis... Wy 400 do 101}, 4000 Mich South 2d mm. $843 200 Harlem 15 100 L8 4M 1000 North Molstm... 91 10000 Un Pac 10's, tuc.. 73% 16 do. ‘5000 dk 2 cali 73° 500 do 100 shs Md Coal Co. 2 71 Bk North Ame 200 New Cen Coal..b¢ fi Pac : 3S Co. be St = 50) do. 100 do. 200 ct 10) Atlantic MSS Gi 20 West Un Tel... 6) do. 2:30 to 4 P. M. 2 shs LS &M SRR. 50 de % i a we %, a Be 31% Ett uaa 3414 m0 We 70 Fy 500 5435 300 Be 1700 4 eB Fy od Ss 900 3. 400 1100 $855 FEES: 100 Sepeetete SASSesee S33 CLOSING PRICES—4 O'CLOOK PR. M Western Union. 81% a 8434 Northwest'n pf. 87 « uicksilver..... 44 @ 4544 NJCentral.....1003%% a 101 dam -. 96 «Rock Island. 10% eae Ex 34 85. Bt Paul. 1 Am Mer Un Ex. 6934 St Paul pt. 79% Wabas a 71% Ohio & M Ka 2%, Han & 8tJo. a # $85, Han & Bt Jo pf. 69 a 70 927% «Boston, H & gE Sig 8 8% Mss a 8494 CO, C&T Ci... 88% a B89E fie Northwestern.. 3 @ COMMERCIAL REPORT. Flour in Sellers’ Favor—Wheat Firmer ry More Active—Corn Dull—Cotton Dull and Easier—Naval Stores Gen- erally Firm—Petroleam Dull—Pro- visions Quiet. Monpay, Jan. 13—6 P. M. The markets were very quiet to-day, with but few unimportant exceptions. While there was apparent the same indisposition to press sales pe- fore mentioned, we noticed a more general willing- ness on the part of sellers to meet buyers, and in quite a number of cases prices were lowe! there was no general depression, and many of the leading articles of merchandise were held as firmly asever, The trade movement was slow, and it is very doubtful whether it could be stimu- lated by any concession. Business was light both on and off ‘Change. Flour ond wheat were firmer, though not active Corn was dull and nominally unchanged. Oats were in demand and better. Whiskey was a trifle off, but 1airly active. Pork and lard were less active and the market closed easier. Freights remained without noteworthy change, Cotton was less active, with a downward tendency, Corrgx.—The jobbing trade has been light, but there is a fair inquiry for Brazil grades in an in- voice way, and some sales are reported at full prices. The market is strengthened by the Rio telegram in to-day, which quotes a further ad- vance and @ very strong market there. Sales of 1,281 bags Santos, ex Antelope; 4,200 bags Rio on speculation, ex Asteria, and 2,000 bags ex Merri- mac, We quote:—Rio—Ordinary, cargoes, Ic. & l6ige.; fair cargoes, I7e. a 17%4c.; good cargoes, 180, ‘a 18ige.; prime cargoes, 18%(c, a 19c.; extreme range for lots, 16c, @ 19¢., gold, per Ib., 60.0 90 days’ credit, Java, government bags, 19. a 1940. ; do., grass mata, 19}<c. le. ; Singapore, Wc. @ i7c.; Ceylon, 16¢. a 18e.; Mara- caibo, 16}gc. a 18¢.; Laguayra, 160. a 1830. ; Jamaica, 16e. w I7¥ye. : St. Domingo, Hc. ; Casta Rica, Uo. a 18340. 5 Mexican, I6)ge. @ I7ig0.; Angostura, Lite, @ I7 gc. | Sa- vanilia, 16ige. @ 180, ; Curacoa, We. a 170, Corton.—The market for cotton on the spot was dull fad wo some gatentuominal, a feapmeg priggn, Fusures | Cousols and ruled dall, with moderate rations at a decline of Kc, ad-l6c. per lb. The sales ‘ou, up as follows :>— me day, Sat. Boenin pele a Sat, Boentng, Total. 5 culation; iD iit In transit. 4 i ‘Total. 3 7: = For tw iw middling) the sales is deem as follows: Sales ven orlock—January, S00 at 1 BO at TT 819740. 100 at 19 13-166.; Maron, 900 at 00 at 20 5-320., 30 at aie, at 20 '9-¥6c., 100 at 2i<e.; May, 700 at 20 uivec, | Exehansed—L16c. p 300 January “tor February. pale rom up to three 15 is ies; March st 700 at “d0e. i re} al Cy he Hoo at 200 800 ot Lit Ma Miri 20) at 236" 500 at 207-160., 200 at 203z0., B) at 20 916c., 100 at 20 7-10e., at 2 13-32., at May, 300 at 20 13-16c., 300 at c., 100 at 20 I8-1bc., at Wie; Suite, 900 at 2ike, Total, 7,450 bales, Grand totai, 11,150 bales. Hea ne mee pd x n Ie, A «Charl ton, 0245, Wilmington, of; Norfolk. 2.213" ainnecy, 104? New York, 1,186; Boston, 227. This day 1 dates, This day last e , alter one Fel to foray, oneezaue, o'olookJaiiu- 19%... atid 11-166. ; actiil boar Wise 200 ¢. am at change Ld . compressed. To Ham: sed. To Bremen, by steam, BE St a frees imma Ordinary... 7 1 18 Good ordinary: ia i I int Strict good ordinary 19% 19) 198 2» Blame eB RR Good miadiiing: 22 23 i 23 —‘the quotations are based om cotton In stores running in quality not more than half a grade above or below the grade quoted, Fiour anp Grarn.—Receipts—Flour, 6,658 bbls. ; wheat, 18,600 bushe! 900 do. : corn meal, 300 bhis. ; oats, 22,800 bushels; barley, 600 do. The flour market was strong. uader ‘a fair demand, and in somo cases prices rere higher. ‘This was especially the case with fancy brands” The sales comprise about 15,00) bbis, We Ror $3.50 a $5 50 600 a 600 Oa 750 75 @ 825 Oa 650 Wa 7” 75a 950 oa $00 a 00 a 10 50 2a 825 2a 900 Dall oO 5) a3 00 9 00 a 10 00 Rye flou 55a 650 Southern 4500 550 57a 600 725 a 875 + 900 a12 5) $258 85) 360 a 365 3850 39) 400 f. 0. b. @ a 305 0 50 f. 0. b. —Wheat was in’ rather betier demand, but the was very firm, and prime Spring was’ held above the Views ot buyers, being generally held at $1 66 in store, while $1 653¢ was the best bid afloat. The sales were con: ned mostly to small lots of inferior and ordinary Spring, comprising about 20,000 bushels, at from $1 39 up to $1.57 afloat and in store, Corn was dull and nominally changed, with sales of 55,000 bushels, including old: a new Wostern mixed afloat, in small lots, at 66c. Oats were firmer, with sales of about 21,000 bushels, car lots, at 48igc. \c. fer new black Western, 49c. a Sic. for new mixed Western, S0c. a S2c. for stained white, and 3c. for good new while. Rye was dull and nominal. ruled steadier, with sales of some 13,000 busi 8 Peas were neglected and nomina! Faxtans.—There hi 8 = & = = ’ for berth room, with the chief call from the grain, cotton and pro- as been a fair inquiry vision trades. Vessels for charter have been in light de- mand, with former rates generally current. The en ments to-day were:—To Liverpool, by steam, 8200 els grain at 7d. corn and 74d cotton at 34d. a 7-16d, ; 2000p. 1,000 boxes’ bacon at’ 50s,; 20) bbls. tallow on private terms. ‘To Hamburg, by sail, 400 boxes bacon at 488. 9d. The charters were an Itallan bark (re- chartered) with 2,200 quarters grain, ht to Cork for orders, at 71 British brig, hence iz, with 1,100 bbls. refined petroleum, at 7 ‘16d. ; a British bark from Baltimore to a direct port on the Continent, with tobacco, ata lump sum, private terms, and a British bark, trom St. Jobns to Cuba with shooks, at 35e. Mouasses.—The market’ for foreign stock has been neglected and no sales have been effected. Domestic fiades continue to find an active inquiry and are thrmly eld. Foreign grocery stock is quiet and unchanged. We quote — Old Crop, Cuba, centrifay Ie. w 190, Cuba, clayed dees Cuba Muscovado, refining Cuba Muscovado, grocery. Porto Rico.. Rnglish islands « New Orleans. Navan Stores.—Sp moderate request but prices remain steady for merchantable order. Sales 100 bbia., {n lots, at 6lige. and a lot of 6 bbls. In shipping order at6lic, severai days ago but not previously reported. Strained rosin is held a trifle firmer, with sales of 100 bbls. at $3.85 and 700 bbls. $39), the market closing with $385 bid, In fine grades transactions include 700 bbis. low No. 2 at $4 and 315 bb No, 1 at $41245 a ‘ar is in were effected ot 100 bbls, Washington at $3. moderate jobbing request at $4 a $4 25, Provisions.—Receipts—Pork, 2,279 bbls, ; beef, 215 pack- ogee: cut meats, 4,679 do, ; lard, 3,321 bbia. and tierces and 7H kk The market for pork was dull and operations were confined to jobbin; parcele the sales tn this way amounting to some 250 bbis., at $13 80 a $14 tor new and $i4for prime mess. Lard wai r. ular, opening firm, Dut closin, . We note sales o tierces, Janus, deliver, €.5 J,000do.. February Aelivery, oriva feria: L000 do-, Mare delivery, at's 7-160. ; 1, a elivery, at Bie. 5 0, it 1000 Go. for April city, were sold” In for kettle rendered tlerces No. 1 The. Dressed hovs were neglected and nominal at Sige. ae. for city and 5%e. a stern. Bacon was about steady, with sules of 260 boxes long clear, for March de- livery, at 7c. Cut meats were without noticeable change; D0 Ibs: belites, 14 Ibs. average, realized per Ib., and 2) boxes, 121b, average, 8¢ quiet." Beef han sold to the extent of 100 bbis., Including 50 bbls, Texas at $3); Western were nominal at $33. Butter and cheese were in fair demand at about former prices—the market remaining firm for all descriptions. KoLEUM.—Crude was quiet and the market unset- tled. 934c. in bulk was the quotation om the spot, and ge. the best bid reported, advic@s quo.ed $4 5) a $2 at Oil City, $2 35a $2 450n the lower road, and $2 30 a $2400n the upper, In refined here business was at a siand, aad the old irregularities tn prices still ex lots outside the combination were quoted at 2350. a 28%. For case oil quotations were 23igc. a2940. For Philadel phia delivery we are without transactions to note; the combination’s price was siill 27c., and we hear there are no outside lots offering. Naphtha here was quoted atiltc., and there was more inquiry, Lut we learn of no business resulting, ‘Rick.—The market has been fairly active and contin- ues strong on domestic. grades, which have sold to the extent of @ tlerces at 7c. «Sige. Sales also of 275 bags Rangoon at 6%e. a Te. Suaar.—Raws are meeting a holders are firm at previous 1 98) hhds, Porto Rico at 534c. a ; bbis. New Orleans, private terms, and 100 po clayed, loxe. Refined are dull, but closed stendy at previous rates ‘e quote :—Cuba—Relining, inferior to common, Sic. & fair to good fair, 9c. & Bee. ; good to prime, 94 to’ good, ‘Sige. @ 9%c.; prime ‘to centritugal hhds and boxes, Qe. a ge; offen a 1d les mhotatwon hhadsy a ind boxen 734c. a.Se. | melado, 450. .. Havana—BHoxes, Dutch standard, Nos. 7 to % 9¢.; do., 10 to 12, ge. a Ke. ; do. 13 to 15, 1c. & 10., 16 to o., 19 to 20, We. a 13, Ie. a AL 19. ‘a 12i¢0, Porto Rico—Refining, com- Jc. Brocery, fair to choice, ge. indard, Nos, 8 to 12, 73,6. .. h standard, No 10 to 12, 9840. a 9%¢c. “Manila— jor and extra superior, 734c. & ic. tive, but very firmly held at 8%. for rime. PRreanuee dail and nominal. SeEDs.—Clover has been in good request for export firm, with sales reported of 1,100 bags at 9'sc. tor fair, 940. @ ge. rime to strictly choice. Timothy dull and nominal at $3 25 a $3 50, Wuisxxy.—Receipts, 1,347 bbls. The market opened steady, but closed easier, with sales at dic. ; the sales comprised 380 bbls. at Mc. d 96350, DOMESTIO MARKETS, Monitx, Jan. 13, 1873. Cotton weak on lower grades; good ordinary, 17%. ; low middlings, 18%¢.;_middiings, 190. Net receipts, 3,387 pales: prose, 3,457. Exports coastwise, 406, Sales, Stock, 64,139, wi, Savanxant, Jan, 13, 1873, Cotton aull; middlings, 19%%c. | Net receipts, 5,600 pales. Exports coastwige, 3,222. Sales, 743. Stock, 78,068, Gauyxston, Jan, 13, 1873. Cotton, weak: good, ordinary, Ic. a ize Net re ceipts, 1,695 bales. Exports—To Great Britain, 4,227; to the, Continent, 1,807; coastwise, 1,113, Bales, 1,500. Piping Jan, 13, 1573, Cotton dull; middiings, 1910. “Net reeelpta 2,004 bat Cotton dull; middlings, 19ic, Net recet les. Ex To Great Britain, 214; coastwise, S082. Sales 40. Stock, 41,1 New Ortrans, Jan, 13, 1873, Cotton active and farm Lape ordinany, 18¢.; low mid- Gling, asic, & 18%0.; middiings 19%e; a 19%e,_ Net re; Cerpts, 182 bales; Kross, 1k3iz, “Exporty—To Great Britain, 6.525; to the Continent, 3.3881, constwise, 2322, Jes, 360; evening, 6, . Wiuaisorox, W-.-Jan. 13 187% Spirits of turpentine gutet at S6c. $3 1746 for strained: $5.0) for No. 1; $3 25 for Crade turpemtine sleady at $3 for hard and and virgin. ‘Tar quiet at $2 30, Oswxco, N. Y., Jan. Flour wf steady ; sales 1,500 bbls. 8 for No. mber Winter $10 26 f0 nt hige Winter, xtra. ie irm ; sales 3 Oud, $1 65; ‘i Ww Burvato, Grain in store—Wnheat, 903,152 bushel ; barley, 880.16 do. ; Tye, ‘12, do. Tmports—Fior shipment frora’ elevators shipment ‘om ele’ 48,800 do.; oats, 22,40 do. ; i jo. on private terms, Corn dui at be, piri: Bay Quinte held at $1 06 a $1 18 Cornmeal, $1 30 for bolted and $1 25 for unbolted owt. Millieed steady.; shorts, ($21; shipstuils, $22; mildiings, 3 per ton. Railroad’ freights—Flour to VAll eiph 4 60. 5 te nm, 72. ; to New York, 62. ; to Albany, ¥., Jan, £3, 1873, pea malt, 10, do. ; parle; 10. Wheat, 4, bushels; corn, barley do. Fi jet, Western Spring, $7 26 0 : bet, 88 SU's $9 28: white: 89 0'm $10. "Wheat duly hiwaukes ‘No, 2 Sprit held at $1 i ote No. 2 w in, $18) 0 Me $100; red Winter, ‘SL7 a $I Go rm; sales’ of 1,000 S8e, Oats nominal; Western ' No. fc, “Barley quiet; Canada, We a 3 ‘ tate, two-re . four-rowell fic. Rye held at Me, Burley mait— west. @ $110; prime Winter W 1 a $1 15; Vestern, $1 anada, $f 0 4 $1 25, Other articles unchanged. Circaco, Jan. 13, 18 Wheat opened dull, but 24, Flour quiet and unchanged. closed active amd firm; No. 2 Spring, $1 1 22, Februar; 1 Spring, nominal; No. 3 1 tid 9 Bt ejected, We, é Xo, 2 inixed, Mig, spot’ 3 jected, 2c, ' Onty steady; No, 2 Bice. a 25% ted, 21. a 22c, Rye dull and drooping; No. F arley, firms No. # Fall, 67ke. a ble at 560. Provisions quiet and weak, but holders not ofieriny very freely, | Fork lower, more particularly of future sales; apot, $11 00; March, $12 05 a $1210, Lard declined de. ; sales at Tigo. 7.400, a Meatsashade enster; grocn ha: wold at 7340. @ Tie. 5 If-pound short clear middies tor February, hogs in fair demand and lower; sales wt it, Whiskey stead, heavy, $4 60 a $4 6254 for lig! 5 Hecelpie4000 “hoi leur, Sn 00 bushels. whet, “S40 do. corn, 9,000 do. oats, 6,00) do. rye, 6,000 do. barley. shipments—8,000 bbls. flour, 9,000 bushels wheat, 5, do. corn, 49/000 do, oats, 14,08) do. bariey. EUROPEAN MARKETS. Loxnox Moxey Manner. ery el kis ned at 924¢ for money, imerioan securities quict on ae aes. Byo.twonly bonds, 1865" id. Rahway shame aign ws DOW ash y 4, Alts Bouxsu.—Paiuis, Jan. 13—A. M.—Rentes opened at Livenroor Corton Manaet.—Livenroot, Jan, 18-5 P. M.—The market closed quiet and easier, The saien of the day havo been 12,000 bales, including 2,000 for speculation al 000 bales Ay 57 preston, Canes nd January at annah or arleston, cem- TRADE at MANCHESTER.—LivRRPOOL, Jan. 13.—The ship- bpd of cotton from arya (Kg Sth Inst., wince ie a da port, have been 21,000 Liverroon BREADSTUrYS MARKET.—LIVvERPOOL, Jan. 13— 5 P. M.—The market for breadstuffs 1s quict. Liverroou Provisions Market.—Livenroor, Jan. 13— 5 P. M.—Bacon, 34s. per cwt. for Cumberland cut, Beef, 96s. por tierce for new mess, Loxpon Propucr Manxet.—Lonpoy, Jan. 13—Evening.— nseed 16s. per ton. Spirits turpentine, 45s. 6d. pe! Perrotwum MaRcet.—Antwenr, Jan. 13.—Petroleum, 52f. fer fine pale American. 4 eo ‘ FINANCIAL, EPOSIT TODAY 1 7H SAYINGS BANK art ¢ Unit es SEND FOR CIRCULA. "85 BLEECKER STREET. ASSETS OVER $4,000,000, FX2CUTOR'S FUNDS TO LOAN.—$465,000 ON FIRST te Estate in few York git. Also Tends to uilding Loan Qu 8, ress ATTORNEY, box 319 New York Post omioe. ” yr AND SECOND MORTGAGES ght anc by GEO, B. WALTON, 21 Park row. FAASEINS & BRUNTE, STOCK BROKERS, 11 BROAD street. Stock and Gold Privileges A specialty. Any one can speculate with small capital and very little risk, Explanatory circulars muited. AY COOKE, M’CULLOCH & CO., 41 Lombard street, London. Foreign Exchange, Commercial Credits, Cable Transfors. Olreular Lett for travelle available inal p weal the world, SRY COOKE, & CO., on ___ 20 Wall atfoot, ER FIRE INSURANCE CUMPANY | "established 1787. omce 64 Wall street, N Jan. 6, 1873. ew YORK, Ata Meeting of the Board of Directors held ‘this day, the usual Semi-Annual Dividend of Five per Cont, also an Extra Dividend of Five per Cont, was declared ‘pay- able on and atter January 15, 1873, tree of all tax, The transier books Will be closed trom this date until 15ih inst. JOSEPH L, TOWNSEND, Secretary. LOAN, WANTED OF | $3,000, FOR TWO MONTES, 4 Ono per cent per month brokerage will be paid, be- sides the legal interest of 7 per cent; first class market. able bonds given as security, Address BOND, box 3,746 New York Post office. ome & BAZLEY, 46 EXCHANGE PLACE.— Stock Privileges a specialty. Send for our explanatory circulars, Norisk of expense beyond the amount you decide to invest. Al contra MECuaNtos ‘AND TRADE SAVINGS INSTITU. No, 288 Bowery, near Houston street. A semi-annual dividend of six per cent per annum will be credited January 1 on all sums entitled thereto for the six months and three months ending December 31. Pay- able on and after January 20, 1873. Interest not withdrawn will be credited as a deposit. Money deposited on or before January 20 will draw in- terest from genuary: 1. Open daily from 10 A, M. to 3P.M., and on Mondays and Wednesdays from 10 to 7. ALFRED T. CONKLIN, President. Heyny ©, Fisum tary. MoxEY WANTED—IN LARGE OR SMALL SUMS, on unencumbered Property in Duchess county, N. ¥. No expense to lender. FRANK B. LOWN, Poughkeepsie. MONEY ON BOND AND MORT- city property, or wanting to sell dress box 3,045 Post oitice, pee WANT gage on first cl Mortyages on same E SAV per cent per annum, fo the 20th of January be BANK.—DIVIDEND, 6 ble January 20. Deposits erest tron tlie Ist. NH, LYON, President, J Davin Moncan, Secretary. HE ANNUAL MEETING OF TH for the election of trustees of the Mining Company will beheld at the office of the Cot any, $4 Wall street, New York, on Monday, January 2 873; the polls to remain oper! from 12 to 1 fratisfor hooks will bo closed from January 19, 2 P. January 22, 10 A. M. GARRY FERDON, Secreta: ANTED—FIRST AND SECOND MORTGAGES, AT a fair discount; also Columbia ( SAWARD & Lid nce. ANTED—A LOAN OF $9,000 ON WELL LOCATED New York city Real Estate. Apply to JOHN KAVANAGH, northeast corner Forty-second street and Sixth avenue. —_——_. A Brisk Opening for the Beginning of the Week—Parchasers More Pientifak than Sellers—Fabulous Prices Paid for Sixth Avenue Property—New Commis= stoners for the Kingsbridge Extension. Yesterday's transactions among Operators im property were quite brisk, the dealings being con- fined solely to private sales. At the Exchange the usual attendance assembled, Dut not one of the many auctioneers located here had even & show o8 an auction sale. In Pine street, however, the brokers were quite busy and report brisk inquiries after property in all parts of the city. It is a cer- tain fact that buyers of real estate are more plentt- ful than sellers, ‘The latter hold on to their posses- sions quite tenaciously, expecting to realize fabu- lous prices, and in some instances these expecta- tony will be realized, while in others they will be most egregiously disa) ited, ‘The extreme high rates demanded by owners Gre only justifiable on the ground that purchasers are foolish enough to pay them. Here, for in- stance, is a casein point. Mr. Rayner sold, laste week, two lots, 25x100 each, having thereon four story brick buildings, situated on Ene southwest corner of Sixthuavenue and Thirty-third street, to Mr. Edward A. Morrison, for $105,000. Just think ofit! Fifty feet on Sixth avenue, facing a poorly- laid out apology for a park, to realize almost one sixth of » million dollars. It may, however, be possible that the widening of Broadway has enhanced this property somewht bur to the extent it sold for never. It is only su fancy prices which drive up real estatein this city, because some individual has either taken @ fancy vo some particular locality, or is by circumstances forced to buy the self-dame parcel of land for some particular purpose. Itis reported that the Commission long since appointed to award assessments on property taken for the Kingsbridge road extension are t® be removed, and that the commissioners now 6m- gaged on the Northern Boulevard, running from 165th street to Inwood street, will be appointed im their stead. In such an event the improvement so much necded in this vicinity will be brought inte something like a tangibie shape in a short time, Yesterday afternoon the new board of directors of the Gilbert Elevated Rallway held a meeting, at which important measures were discussed, This company have now on exhibition at their office, corner of Broadway and Liberty street, a complete model of the arches and tracks, which it is worth while to inspect. Unless some legal postponaments interfere, there Mie be several Court ssles held to-day at the Ex- change, Messrs. E, H. Ludlow & Co, yesterday sold the four story English basement brown stone house 30 West Tenth street, 20x60x98, 9, for $23,600, MUNICIPAL AFFAIRS, BOARD OF ASSISTANT ALDERMEN, Preparing Work for the Committces—< Nomination of the Standing Com- mittees. The weekly meeting of the above Board waa held yesterday, President Wade in the chair. The fol- lowing business was transacted :— THE RECENT FIRES, Assistant Alderman THORNELL moved the folluw- ing resolution :— Resolved (if the Board of Aldermen concur), That in consequence of the terrible calamities by fire, which has occasioned the destruction of human lives, in two tn- stances recently occurring in this city, and the great liabilities which exist that there may be ‘a repetition such fatal Legislature of the State be memo: ized to am assed April 20, 1871) chapter known the Building law of the — cit New | York, by. which the owners, or Temes of all hotels, theatres, halls, manufactorios | other bulldings, in which persons are, employed or do congregate, shall be compelled to provide and erect ny of egress und escape from sald buildings, and de all proper and necessary arrangements for ating alarms and extinguishing fires in sch and further, that the Bourd of Commisstonere York Fire Department shall be smpowered te cause such changes as are before described and men- tioned to be made in and on all such buildy erected in this city as will give protection to Ife of fire. The resolution was referred to the Committee om Public Works. UTILIZING THE WATER. Assistant Alderman THOKNELL moved— That a committee of three from each Board be ap~ pointed to consider and report upon the feasibility of utilizing the water from the North and Kast rivers foe purposes of tre defence and cleaning the streets, “We- terred. ORDINANCES, Assistant Alderman THORNELL moved— That it be referred to the Committee on Ordinances, to 9 000 7 LOAN—ON FIRST MORTGAGE ON 2, New York or Brooklyn property. Address | ORTGAGEE, Herald oflce. $6,000 Bai - Address R., Herald office, 30.0) )820,000-820.000—10 LOAN ON BOND AND $8. mortgage on improved city real estate; no Iso money to purchase morteeiee. JOHN W. WOODWARD, 913 Sixth avenue. 15 000 TO LOAN ON FIRST MORTGAGE ON o. improved Real Estate in this. city in three sums of $5,000 each; also two story Dvelling and four Lots for sale; price, $ 0 cash, “F. COOLEY, room No 2, No. 1 Chambers , corner Chatham, over tea store. ts ‘ ag 10 LOA} BOND AND MORT- | $50.000 gage, on New York city or Brooklyn Property. Apply to'GLLMAN 8. MOULTON, 170 Broad- way. bonw: ON a6 TO LOAN, IRST AND SE $200,000 Tna'Sioricazes. on Sew York Brook lyn_ or Westchester improved property, RUFUS K. cHARG, 77 Cedar strect, Notary and Commissioner tor every State, TO LOAN $4.00.000 Troorivn estate ; sums to suit; mo be re :, WILLIS, Montauk Insurance | NEW YORK Westehester _ real red ; term of years. O. mpany, 168 Broadway, —ON 575.000 2°, WAX IN, XEW YORK, BROOK. Do lv. lyn, Westchester and New Jersey; money fof first and second mortgages; money realy. W. H. BERRYMAN, No. 3 John street, room 7. Poon ; wie r TO LOAN ON IMPROVED PROPERTY $750.000 "mn Kew york, Brooklyn, New Jerse and Wesichester county. Principals only néed apply wit papers. KE, M. MASON, No. 1 Chambers street. | | COPARTNERSHIPS. OTICE, Mr. J, H. Gossler, Jr. retires to-ay from our firm. Mr. John Henry Gossler, of Hamburg, has transferred his interest in our houses to his firm, Messrs, John Beren- berg, Gossler & Co., of ur. ‘The business will be carried on in tutu by Mexsrs. John Berenbery, dossier & Co., of Lime r. Thomas M. Devens, of Boston, and Mr. George Gravenhorst, of New York, whois ad, initted a partner from this date: | Mr. J. Henry Gowler and Mr. Guido Wolff are authorized to sign our firm by procuration. GOSSLER & CO, Boston aNp New Yorx, Jan. 1, 1873. rue FIRM OF WALSH & STOWE, I8 THIS DAY dissolved by mutual consent, Mr.’ W. Stowe with- drawing from rm. New Yor, Jan. 13, 1873. The moderegme will continue the business, OBERT WALSH, 214 Manhattan market. HE FIRM OF DICKENSON & O'CONNOR, TRUNK manufacturers, is hereby dissolyed by mutual con- sent. R. DICKENSON. DANIEL ©. O'CONNOR, The business will be continued by BENJ., DICKENSON, New Yors, Jan. 3, 1873. ene asnenann ene BOSTON, HARTFORD AND ERIE. The Boston Glode says :— The attention of the Supreme Judicial Court will soon be called again to the affairs of the Boston, Hartford and Erie Railroad. Messrs. William ‘Tl. Hart and others, trustees of this road, have tlled a bill of equity, enjoining Messrs. Mark Healey, | Henry N. ell and John 8. Eldridge to sho’ cause why they should not be responsible for the amount of the Burdell bends, In answer thereto Mr. Healey, by Mr. B. R, Curtis, his counsellor, re- | plies that he has no personal knowledge of a mort- ese of the road to Burdell, Gregory and Davis, on jarch 16, 1866, but that he }has seen such an instra- ment in writing, and at one time suppaned him- self to be trustee under it. On the 16th of March, 1870, he resigned bis be bea ther with Mesers. Farwell and Eldridge, but a not admit that | Moses Kimball, Thomas Talbot and Avery Plumer were legally his successors. Certainly, when he be- came trustee he did net know of the existence of mortgages which were @ prior lien the prop- erty conveyed to Burdell, to extent of $2,500,000, although he had heard of such, In sub- tance he denies @ personal knowledge of the statements alleged in the bill. He has received none of the bonds secured by the Burdell mort- way He will prove that the Boston, Hartford and Erte Railroad Company sold all but one of these bonds at a fair market value and used the proceeds to pay the expenses of the road. Mr. Farwell, by B. F. Butier and E. L. Barney, his solicitors, says that he is not informed whether the Boston, Hartiord and Erie Railroad Company ever legally made and executed any pu A of its ee nk to Burdell, Gregory an wis, or to anybody else, but ne be- Neves that WoT ‘ee jorth ii the pus eanhy does not legally convey the property, and tha’ trust was created under the same. denies that the orators are trustees in law, and says they have no right to prosecute the bill, He never acted as trustee, never received, paid or delivered any bonds, and never met to act on any subject as one | of said supposed trustees. He believes that the | Burdell bonds are wholly worthless, valueless and void in law. He denies the jurisdiction of tie State courts in matters of bankruptcy, which shouid come bejore the United States courts, The i — le TO LOAN OR BUY A MORTGAGE IN | ™ | companies occu Mid the streets of this cit: | the now on each side druft an ordinance requiring the several telegraph com> panies whose wires are erected or shall hereafter be erected to run suid wires under ground throughout the city, and that the Commissioners ot the Police Depart t respectively be requested wo unite on such & inea sure for placing their lines of telegraph. Referred. GAS SHUT-OFFS. Assistant Alderman THORNELL moved the follows ing + Rerolved, That the Commissioner of Public Works be requested to report to this Board on the propriety of re- quiring the gas companies to have sectional shut-ofly, the sume as ihe Croton Water Department. Referred, THE RATLROADS. Assistant Alderman THOKNELL moved the follow- ing:— Resolved, That it he referred to the Committee on Ordt nances to drait an ordinance compelling the ratiroad. to remove: all the ave 8 are laid, and ¢ report such ordinance at the next inceting of the tra alreets and pe in which such trac! the commit ot the Board. Referred. STANDING COMMITTEES. The PRESIDENT announced the following as the standing committees :— Arts and Scionces—Assistant Aldermen Krepps, Theiss and Coddidgton. Public Works—Assistant Aldermen Keogh, Keating and Kre qponations—Assistant Aldermen Codington, Clancey and. ‘elsse: Fe s—Aasistant Aldermen Beyea, Healey and Keogh. ghinance—Assistant Aldermen Strack, Sarpny and mn. ‘Lawps and Gas—Assistant Aldermen Krepps, Foley aré yea! Law Department—Assistant Aldermen Thornell, Clan- cey and Strac! YiarkewwcAssistant Aldermen Murphy, Coddington, Keogh, Foley and Beyea. Nauonal Affuirs—Agssistant. Aldermen Weisser, nell, Comiskey, Keating and Strack, re OrdinancerAssistani Aldermen Simonson, Bruchs and Cornell. Frinting and Advertising—Assistant Aldermen Keating, Ki id Thorneti. Tillie Heaith—-Assistant Aldermen Lindon and Wete- "Public Buildings—Avsistant Aldermen Coddington aad Thornell. Ping stmoad Aldermen Simonson, Lit . I Boyes, eo HoadscAwistant Aldermen Lindon, Comiskey sad repps. K ”; i Sed a jian—ae Aldermen Keogh, nd Coddington. Sowers—Assistant’ Aldermen Krepps, Kelly and Line ‘Btrects—Aaaistant Aldermen Beyea Theiss and Lindom, Street Pavements—Assiotant Aldermen Keogh, Sum- mers and Simons Joint Cor on Accounts—Assistant Aldermem te Thornell, Keenan aud Lindon, The Board adjourned to Mosday next at three o'clock. AN ALDERMANIO CLERKSHIP. Mr. Pinckney, the Clerk of the Board of Alder- men, has appointed Mr. Swafton as Assistant Sec- ond Clerk in the Clerk's office. ANEW PARK 00M OOMMISSIONER. The Mayor has appointed Mr. S. H. Wales Com- missioner of the Department of Pubiic Parks, im place of Mi C. Pields. MORE FUSION. ecesstul Attempt at a Germam janization—An Abrupt The fusion of the German democrats and the Ger | Man’ liberal republicans of this city, effected during, the late Presidential campaign, is attempted to be continued by an organization which met for the frst time at Germania Hall, 200 Third avenue, lass. night. The organization is to be known as the Se Liberal Democratic Reform Organization of the City of New York.”’ The mee! was com> posed of delegates of the several Assembly district which have been in tite course of organiza’ during past week under @ call issued jointly by the late German Liberal can Cen- tral Committee and the German Democratic Gene- ral Committee. The object of the mee! was te organize @ Central Committee for the ensuing year, and a full attendance of delegates was pres- ent, about two hundred, completely filing the aar- row heil in which the meeting was held, Schirmer called the meeting Occupied the chair, The list Of delegates rea when it. was found that Cn a4 batt by fo th and Nineveen embly ricts, represented, while two contesting delegations were present from the aero aan eaieat oval OF Se at the beginning occasioned a and contegoma. ine matter was finally reierred te a special committee Bs, Dag tn eee ‘Was thereupon discussed, am vt . titement. and“ confusion, to adjourn the meeting Ex-Ooroner Willig to order, Who tempo assignees in bankruptey, he says, cannot join Nands with the trustees tn the prosecution of a suit In the State courts. Admitting that he was named as @ trustee under the supposed mort e, he denies: u “4, he ever exercised any authoilty or power as suc! Mr, John 8, Eldridge, by Richard Olney, his solicitor, files a demurrer because the bill dues not set out any breach of trust on his part; because it is wanting in equity; because ©. Bradley, G. M. Ba 1 and Charles R. Chapman are assignees in bankruptcy of the road; if they were they would not be proper parties to this bin; elleyaiond of il oe Bak euegmT eR | broke Uy Oe © Guth and the organization to a future meet to ve held ina halt sufiiciently large. core ‘Wersinan urged that the hall was so small that it wou! injurious to the health to remaim jam therein for any length of time, aw, Syn y violently opposed by a large portion of t care Ange: on the ground of being nuconstituttonal, but w' it waa found that = Mclently large to transac terre dee ation the jammed assem Schirmer, by the advice of sever: ee dologates prevent, wi ocariag the mecti siyournea ia the call of the chair, which tharou|