The New York Herald Newspaper, January 28, 1873, Page 9

FINANCIAL AND COMMERCIAL, An Active and Irregular Money Market. “The Extreme Rates on Call 1-64 “‘and Interest" and 6 Per Cent. DECLINE IN FOREIGN EXCHANGE. A Further Advance in United States Bonds in London. CONSOLS A FRACTION LOWER. Prospecting the Expected Com- mercial Revulsion of 1876. THE GOLD MARKET STEADY. Irregular, Heavy and Lower. Sg a Smart Advance in United States Currency Sixes— The Refunding of the National Debt Stimu- lating the Demand for Railroad Bonds. WALL STREET, Monpay, Jan, 27—6 P. M. On 'Change to-day cotton was in moderately fair demand, and firmer for both spot and future, Flour was dull and heavy, while the market for wheat and corn was quiet, with prices nominally COMPARISON OF THE IMPORTS. The following shows the imports, exclusive of specie, at the port of New York for the weck end- dng January 25, and since the beginning of the 873, ¥ $5,735,456 $4,368,596 General mdse. Total for week. $9,705,70: Prey. reported... 11,231,326 Since Jan, 1......$20,937,030 $22,338,304 $26,7 THE FOREIGN MAR The London quotations came a little lower for consols, as if they were affected by the growing agitation of the Khivan or Asiatic question between England and Russia, but strong and higher for United States bonds, the chief feature being a rise of 3¢ in the new fives, followed by a re- The ’67’s advanced to 93. Erie shares were unsettled and lower, the price falling from 51 to 504, and rullying to 505;—which last ia still considerably below the New York quo- tation. The next settling day at the London Stock Exchange is Friday, January 81, and for consols February 4. THE NEXT GREAT PANIC. The following extract is from the London Znves- tors’ Guardian, of January 11:— The commercial results of the year are generally 1878 is expected to be little more than a repetition of 1872, But we are reminded that we are a year nearer to that has marked every decade in our commercial his- (The last one in England was in 1866.) ‘The meaning of this is that we are so much nearer to a panic, and the question is trom what cause the panic, when it comes, will arise. thought that the cause will be more subtle, that it will arise trom combinations of foreign bankers drawing bills on each other whose paper will not ected, because the élite of them ‘natures in connection with the payment of the French indemnity for a considera- At this moment the enormous extent which the exchange transactions of the world have reached is suggested as likely to afford the means of circulation of fictitious paper; and already the necessity of caution is preached, especially in the event of a sudden outbreak of political alarm. MONEY ACTIVE. The money market was active among the stock- erokers and steady among'the government dealers. With the latter the rates on call were 6 and 7 per rent, On pledge of the usual Stock Exchange col- faterals the rate most of the day was 7 per cent com, with exceptions to prime houses at plain? In the afternoon the demand became more urgent and in the dealings on the sidewalk the rate advanced to 7 per cent, plus a commission of 1-64, but at the close fell off again to 6a7 per jome small amounts having been loaned at 6 perceat. The dealings in commercial paper were dn amore active basis, and prime names were taken quite freely at 8 a9 per cent discount. FOREIGN EXCHANGE LOWER. The foreign exchange market was lower under & better supply of bills, and the leading bankers teduced their rates for sterling to 10914 and 110%, on which they allowed a liberal brokerage. following shows the new standard of quotations for biils on Europe :—Sterling, sixty days, commer- tial, 108% a 10944 ; do., good to prime bankers’, 109 4 4 10034; do., short sight, 11014 a 11034; Paris, sixty flays, 5.283¢ a 5.23%; do., short sight, 5.1934 a 5.18343 Prussian thalers, 715; a 7214; Antwerp, 5.25 a 5.20; Bwitzerland, 5.25 a 5.20; Hamburg, 9534 a 9614; Amsterdam, 40% a 405;; Frankfort, 40% a 41 Bremen, 95% a 9614. GOLD STEADY—113% A 114. The gold market was steady, if not firm, except (or @ few moments after the announcement of the reduction tn the rates of foreign exchange, when there was a momentary decline strength being the result of the application of she main force on the part of the clique. Toward the close of banking hours there was asecond de- tline to 113%, owing to the heaviness of cash gold— a fact betraying the absence of 8 short interest, The highest price was 114, with the bulk of the fay’s business at 113%. The Sub-Treasury paid Dut $95,000 on account of interest and $6,800 on ac- Dount of redeemed five-twenties. It will be seen dy a report in another column that the Board has ABOLISHED POWERS OF ATTORNEY by @ vote of 151 to 64, the 'Change requiring the assent of two-thirds of the members, which it re-, The course of the market is shown in the action of 4% per cent, riodical revulsion which It seems to be necessarily be sus, have sold their si In the gotd loan market the rates ranged from 2 per cent per annum to 1-32 per cent per diem for currying. The operations of the Gold Exchange Bank were as follows :— Gold cleared... Gold balances. Currency balance: THE RAILROAD BONDS, The prospective refunding of the five-twenties has started a (resh demand for railroad bonds, and nearly everything on the list was bid for to-day, as will be seen by the unusually long list below. Cen- tral Pacitic firsts advanced to 100%, but the Union Pacifics were about 34 lower. strong and higher. The following were the bids at the regular call as amended by prices in subse- quent dealings :— Jew York Cen New York Ven 6 ‘The general list was Chic & N W exten bis. phic 4&NWistm BEES. pier secre SESE str ~—= 5 NEW YORK HERALD, TUESDAY, JANUARY 28, 1873—TRIPLE SHEET, Union Paci Ualen Pa ‘w Lilisois Ose Cx szzeuacses: a There was a little more doing in the Southern State bonds, with the tone of the market firm. The Tennessees were strong at 81, and the Soutn Carolina April bonds sold at 25. The following were the closing quotations:— Tennessee, CX coupon, 80% a 81; do, new, 80% a $1; Virginia, ex coupon, 47850; do, registered stock, old, 37 a 42; do. sixes, consolidated bonds, 5614 a 56%{; do, sixes, deferrea scrip, 1434 @ 15; Georgia sixes, 75 a 80; do, sevens, 90 a 92; North Carolina, ex coupon, 3334 a 34; do., te North Caro- lina Railroad, 58 a 60; do., funding, 1866, 25 a 27; do,, do., 1808, 24 a 26; do., new, 19 a 20; do., spectal tax, 18 a 16; Missouri sixes, 93 a 9344; do., Hannibal aud St. Joseph, 90491; Louisiana sixes, 50 a 55; do., new, 45 a 50; do., levee sixes, 50 a 60; do., do. eights, 50 a 70; do,, do. do., 1875, 50 a 70; Alabama fives, 55 a 62; do, eights, 84 a 89; South Carolina sixes, 40 a 50; do., new, January and July, 224; a 23; do., do., April and October, 25 @ 25%. GOVERNMENTS STRONG. The government list was strong, with a sharp adyance in the currency sixes, sales of which were made ut 11534. The others kept their Armness despite the fluctuations in the gold market, the ten-forty coupons selling at 115% and the long sixes of 1881 at 119 The new fives were steady on the level of par in gold. The following were the closing prices:—Uvited States curreacy sixes, 1154 @ 11534; do., 1881, registered, 116% a 117; do., do., coupon, 118% a 119;, do. five- twenties, registered, May and November, 115 a 115%; do., do,, 1862, coupon, do., 1153¢ a 115% 5 do., d0., 1864, do., d0., 11644 @ 1164g; do., do., 1865, do., do., 1164¢ #11634; do., do., 1867's, registered, January and July, 115% a 115%; do., do., 1865, cou- pon, do., 11534 a 1153¢; do., do., 1867, do., do., 11634 411654 ; do., do,, 1868, do., do., 11634 a 11654 ; do. ten- forties, registered, 1144¢ @ 11424; do., do., coupon, 11544 a 1155; do. fives of 1881, registered, 1134 a 114; do., do., do., coupon, 11534 a 11534. STOOKS IRREGULAR, The stock market was unsettled and irregular, with a dull movement. The earlier feature was a “break” in Erie to 64, sympathetic with the decline in London, which was followed by a subsequent advance to 65%; unda closing relapse to 64%, the movement on this side looking very much as if its manipulators were secking to tempt short sales by the foreign bankers, The tone of the market in the forenoon was generally heavy, with a decline in New York Central to 10434 and in Pacific Mail to 72\g. The latter continues depressed by the ab- sence of news of the arrival of : THE STEAMSHIP ALASKA at Hong Kong, although less anxiety has been felt about the vessel since it has been stated that she did not leave Yokohama until after the schedule date for her departure from that port. Lake Shore and Western Union advanced about one per cent, but fell off in the decline attending the activity of the money market. Rock Island was weak all day, and left offat 112%, Late in the day New York Central became strong, and advanced to 1055. The directors of the St. Paul company have de- clared a dividend of 3}, per cent on the preferred stock for the half year ending February 1, payable February 15. HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest prices of the principal stocks during the day :— Highest. Lowest, +105 55 104% 655% 64 mi id 83 Lt 20 1355 112% alg 53% St. Pau! preferre 7944 155% Ohio and Mississi « 49% 484%, Union Pacific + 86% 36 C., C. and I. ©, + 89% 38% Western Union Telegrapn. 84% 8324 Pacific Mail.....0.... e006 2% In Philadelphia Reading was steady at 114%. SALES AT THE NEW YORK STOCK EXCHANGE, : Monday, Jan. 27—10:15 A. M. © 116 US 5-20, r, °67, 118% 53000 US 5-20, ¢, 10 A. M.—Before Call. 800 shs Pac MSSCo... 73 100shsLS&MS8... 95346 200 di + 22% 500 9. 1100 do. 300 Un Pac RR, 300 West Un Tel. 400 a 100 do. 100 Erie RR. 100) do, do. 300 Pac RR of Mo WON J Cont RR. 2 do. do 400 Ohio & Miss R 00 D $3000 Tenn 6's, old..... $035 Tenn 6s, new.b30 St nw Va o's, der, "4 2000 NY 7s, b ly E. 2000 NY C 6's, 183, a SPR 2 do... v0 Mich Cen kit { Ls ee 8 RLS “Bs 20°” dd, cee 95: L, Jac &Chi ist i¢ & Altinc bds be 46 46% Cc te Mo Ist C SeSi5 aseegas tes SSe5etee «a SEESE Sees Risto PEER SEES S eeeese 12:35 and 2115 Mm US Ss, 10-1 ee Hoe So's saat re: eg F Eg2ze2 SEgE ZZ 100 do. 100 Pac RR of Mo. 1000 Atlantic & Vac pf. 200 do. 36! . Second Board—1 P, M. $5000 Tenn 6's, old. 25 shs Mich Cen RR... 20000 Tenn 6s, new. 08! 12000 U Pac 7's 1g b. 1000 Dub & 8 ©) Luo MUL ESE Tat SE 6000 North Mo Ist SSEuEEE 5 PONY ORER ELD ec 108 Bs 102 02 02 on BEE BS Fe Be ee SeReEeey S se rs Be SEe5) SEeEEae 5 VS ck —— ES is Bey = CLOSING PRICES—4 O'CLOCK P, M, Western Union. Noruhwest'n pt. 90 COMMERCIAL REPORT. i RE Oe TE Cotton Firmer; Receipts at the Ports, 20,897 Bales—Flour Dull and Heavy— Wheat and Corn Dull—Oats Firmer— Pork Firmer—Lard Steady—Groceries Quiet—Petroleum Dull—Spirits Firmer— Rosin Quict=Whiskey E Monpay, Jan. 27—6 P. M. Trade was unusually slow to-day—the snow- storm putting an effectual estoppel to negotiations in nearly all deseriptions of merchandise, and di- vesting the markets of what little animation there There was very little done either on or off At the Produce Ex- change business was almost at a stand-still in some departments, the snowstorm and the scarcity of freight room combining to hold in check any ex- which might have cropped Cotton was firmer, | New York, @2c. ; to Albany, dic. port movement latter especially was than nominal. Oats were strong. little better Corn was very qulet, but steady. Whiskey was dull and a little Pork was firm, and lots for immediate de- decidedly, Lard was firm. Petroleum continued quiet, Groceries were generally quiet, but | there was a litte more doing in sugar. turpentine were quict, but firmer, while the mar- ket for rosin was neglected, and prices were nominally livery were higher Freights were quiet. Corr0x.—The de: rately fair to-« and for spot cotton hasbeen modes and prices favored the eeller an ie, nder a inir demand advanced @ part of which, however, was sut wiles reported on 'Change ‘to-day sum Up as follows = Consumption... «L716 1524 2 ‘¢ 4%) hales to arrive. For fature ng) the sales have been as tol- aturday evening after ong P.M.—January, 200 at 19 15-16c 5 205 1 Consols closed at 92%4 a 92%, for money and the acco: “Pans Bourse.—Panig, Jan. 27—Rentes, Sif, 47c, P.M ket closed steady. Middling ‘uplands, 9744. 1od.; middling Orleans, Wd. 1igdt ‘The sal ay have heen ‘12,000 bales, including 7,00 bales Were American. Sales of cotton shipped irom Savannah, or Charlos 913-l6d. ‘The shipment last report to the 27th inst, have been 12,000 bale 100 . f Mfe, 20 at Ua The receipts att 3.004 bales; New 3,37; Charleston, 11.96; Baltimore, 308; foreign ports closed orts sum Up As follow: M4, 4.885: Mobile, 3,920; Savannah, £94 Norfolk, 1 year, 19127 Kat Mire the following figure: steam, Sd., ny atte 16,2 Wg Liver bec 16. Kt P.M.—The m es on cotton to 2, ou jow, 4s 64. perewt Sugar, 338. a 33 per owt. tor No. 12 Duteh standard, on the spot. Refined petroleum, Zid, & 2jgd. per gallon, Spirits turpentine, 41. 6d. per wie Pirmourom ManxerAxrwenr, Jan. 27—Petroloum, sf, per ewt. for fine pale American, steam, 5-160, a 19 19% 197.16 1i}a6 ry Wy ; Hit —Th tations are based on cotton quaity not more than half @ grade above or belo’ je qnoted. Corrine the market toda has been a ontinued. No io, a8 but the firmness —MONEY 70 LOAN ON BOND, AND MORTGAGE nsactions from first hi A Princij apply to Tnclva AULENDER & LAWRENCE, 9 Vine street COMMONWEALTH, OF | VIRGINIA—PasT. DUR ‘consolidated Bends Regi: Si Cepolintad Heiss SEN NING, No, 6 Now stecot finan St, Domingo, Me. ; Costa Rica, I6e. a 18Mo.; Mexlean, 16}ge. aw 17! agora. likge. a 17g Bite dite LOSgc. - 4176. 1 r Receipts—Flour, 7,419 bbls. ; wheat, 20,090 do.; corn me'al, 200 bbls, ; oats, 000 do, ‘The flour market was iat our quotations. The sales, kinds (a portion Saturday), aggregate about 9,200 bbis., kenerally at the inside price’ ot the annexed quotations. Corn meal was quiet The supply is only moderate and the market firm ai the appended quota- tions, We quote No, 2 State. Ma $650 Sioa 7 THa 50 80a 850 ioe hm a pin Ta 80 a trade brand: 800 950 Ha WH 70a 85) 8a 900 950 a 10 50 1084 13.50 90a 1050 45— 650 40a 600 6Da 70 THe 90 9000 1300 Corn meal, Western, 34a 350 Corn meal, Jersey. SMa 365 meal, Brandywine. $95a 400 Baltimore. 400 f.0.b. Caloric. - 30a 365 Puncheons.. 3 195) fo. b —The wheat juli’ and ‘prices were wholly nominal. ness was unimportant comprising x only a few car lots of Inferior Spring at 81 05 a cept in Caliornia wheat, of which eis were placed on Be vate terms, ‘orn dall, but unchanged, we sales were only about 31000 bushels, at’ Ode, for new "Western mixe Goi. tor damp do., 660. for new high mixed and yellow, and Glc. a 663Z0. for new white Dominal at 6ie, U4ae., in store, and a Oats were in fair demand and strong, the market clo decidedly in seliers' favor. The sales foot up about 27, bushels, at 50c. a BSc. for new black Tllinois, 53c. stained White Western, Sc. for good do., Sic.'a Séc. white State, 52%c. a 8c. nominaliy for old, in store, and’ S830. a Ste. for new Western mixed afiont Barley and rye were firm, but, parties being apart in their views, nothing was accomplished, and prices remained nomi- nally as betore, Frevonn.—Business In the line of berth treights has been only inodvrate and at essentially unaltored rates, rteriny business was also slow, but rates were Tmehanged, (tho engagements inelude;—To Liverpook by steam, 45,000 bushels grain (part late Saturday) at 7d, a 744d., 2,200 boxes bacon at 458., 4,000 boxos cheese at 50s, and 25) Bales cotton nt p-16d. a 34d, and, by wall 300 bales cotton at 3-16d.; to Glasgow, by’ steam, 15,000 bushels grain at 7d. 073d. The only charter we heard of was an American bark, to arrive, hence to a Continental port, 3,000 bbls. of refined petroleum on private terms. MOLAssES.—The market Was quiet and prices nominal the same. About 40 bbls. of New Orleans were jobbe Seprimes, within the range of the appended quotations. ’@ quote Cuba, centrifugal and mixed. uba, clayed. pit ‘uba muscovado, rellning. Cuba muscovado, grocery. Porto Rico.. English Isiai New Orlean: We. 550. 0 75c. NAVAL ST0x} ‘ine the market to- day was quict, in consequence of a further advance in prices. At thé close 67c. was quite freely bid, but there were no sellers at that price. The sales, in ‘lots, aggre fate 26 bbls.- at Gre, Rosin was very quiét, but the mar. ‘etremained steady. Strained quoted at'$8 75 a $380 for round lots, We'have only to note a sale of 75 bbls. of ‘ood strained at $38. Tar and pitch were neglected, ut held nominally steady at previous figures. Prrzounom.—The market for refined continued dull, but prices were nominally the same, Sales were madé ate Saturday) of 1,000 bbls. for January at 213¢c.. which was the current price to-day. Crude in’ bulk was firm at 9qc., but some parties were holding even higher than that price, No transactions were reported. Cases were quict but steady at 273c. a 28c. Naphtha nominal at about lc, a l4igc. At the creek the market was dull but nominally firmer. ‘The Philadelphia market was nomi- niu, there being nothing offering and nodemaud. Re- fined quoted at 2le, Provisions.—Receipts—Pork, 1,957 bbls. ; beef, 187 pack- Ages; cut meats, 5,710 do.; lard, '3,245 bbls. and tierces. ‘The market tor ness ork was’ a'trifle firmer under a tritle more inquiry. ‘The sales include 250 bbls. for Janu. ary at $14 05, 250 bbls. tor March at $14 05, and 260 tor Abril at $1435, In a jobbing way about 160 bbls, changed hands atSi4 S70 $14 6). Bacon was firm and in moder- ately fair demand. Saics 7H) boxes of long clear at Tec. cash, 250 boxes of short do. at 8\c., and 80 hoxes of West- ernshort rib at7ic. Dressed hogs were firmer. City quoted at Oc, a 7c. tor packing sizes, and Tie. tor pigs. estern at Sc. a 64c. Beef was quiet but the market firm. In a jobbi 'y the sales foot up about 125 pack- ages within the range of $10a $12 for new plain mess; 13 a $14 for do. extra mess bbia, $21 a $22 for lo. prime mess tlerces, aud $23 2 $25 for do, India mess tierces. Beef hams were quict and steady at $80 for Texas and $33 for Western. Cut meats—The market to-day was quiet, but prices were not materially changed. We heard of sales of 5) boxes of shoulders at 6440, and 5,000 Ibs, of bel- Hen at Zive. Lard—Tho inarket for Western was firm atb}sc, casi i¢ sales Include 350 tierces at S%c. cash, tierces for January at 8c., 00 tierees for March and 500 derees for April on private terms, 1,000 tierces for April at Sic. and 500 tlerces for do. at 8 9-16c.; city was quiet butsteady ; sales 100 tierces at 8140. Rice.—There was very little business consummated to- ay on account of the siorm. The market, however, was firin. Sales 35 tlerces of Carolina at, 8c. a'9c., and sinall, Deeereene sales of Rangoon within the range of 6\%c. aTe. Svaar.—Thero has been g little more doing in raw to- day, and the market remained steady. The sales com- pre hts. various grades of refining at 7c. a 9c. 23 boxes at 93%c., 6 boxes at ke. @ 8%c., 171 boxes on pri: Yate terms, and 90 bags of common St. Domingo at 7%. Refined was quiet, and not materially changed in bush- = SSE price. We quote:—Cuba—Refining, inferior — to ‘common, He. 0.83. ; fair to good fair, Ye. a Vee. ; good to Prime, ie. a Mee 4 grocery, tair to wood, Oc. a Db4c. 5 rime’ to choice, a centritrugal, hnds. “and es, 9c. a Wye.? molasses, hhds. and boxes, Tic, a . Hayara—Boxes, Dutch standard, A9e.:do., 10 to 12, 9ae.'a do., 13 t0 do, 16 to 18, 10! fo. 8 11540. white, Le, to leon commol rime, ic. a O4c.; grocery, fair to. G2eraide. “Brazil—buich standard Now's. to 9c. Java—Dutch standard, Nox. 1) to 12, 9% Manila—Superior aud extra superior, 844c. a'9e. Stearnie.—The manket was quict, and prices were nominally unchanged, TALLOW Was also quiet, but very firmly held, Small sales were made within the range of 8c. a 9c. for com- mngn to, cholee city. Wuisxry.—Receipts 479 bbls. ‘The market was firm at the opening, Dus subsequently, in order, to sll, 340. per gallon lower prises were accepted, and 200 bbls. were dis- posed ofatW@ye DOMESTIO MARKETS, Gatvesron, Jan. 27, 1873. Cotton firm; good ordinary, Ie. 17ige. Net récelvts, 3,054 bales. Exports to the Continent, 398, ; ccoastwise, 467. Sales, 1,000, Btock, 63,807. Naw Onuxcans, Jan. 27, 1873. Cotton active: prices higher: ordinary, 18c, a 18. ; low middlings, 13%c. a 19e.smiddlings, 192;c. Net rec 4,556 bales: gross, 6005, Exports—To Great Britain, 3.0243 to the Continent, 4,378 Sales, 1,500; last evening, Stock, 198,341 Savanwan, Jan. 27, 1873. Cotton firm; good ordinary, bog low middlings, 19e. ; middlings, 194c.; Net receipts, $,237 bales. Exports—To Great Britain, 3,217; coastwise, 1,34. Sales, 60. Stock, 76,874. Monit, Jan. 27 Cotton quiet and firm; middlings, 19¢c. receipts, 3,920 bales. Exports—To Grea’ coastwise, 1,081. Sales, 1,000. Stock, 54,000. Cuantestox, Jan. 27, 1873, Cotton firm; middlings, Ine, & 194ge. Net receipts, 1,005 bales. Exports—To Great Britain, 2110, ; coustwise, Liz. Sales, 1, Stock, 42,194, Wituinctor, N. C., Jan. 27, 1873. Spirits turpentine strong at 68c. Rosin’ quict at $310 for strained, $8 20 for extra No. 2, $4.0 for pale. Crude turpentine ly fey for hard, $5 for yellow dip and virgin. ‘Tar firm a Osweco, N. Y., Jan. 27, 1873. Flour unchanged: sales of 1,400 bbls. 76 tor No.1 Spring, $9.75 for amber Winter, $10 50 for white Winter, $li tor double extra, Wheat firm; sales of one car No, Milwaukee club at $175. Corn steady ; sales of 2,000 at Ge, Barley firm but quiet: Bay Quinte held at $1 Os Corn meal sold at $1.80 for bolted and $1 25 for unbolted, perewt, Millfeed unchanged, at $21 for shorts, $22 for Shipstutts and $23 for mi didlings er ton. Railroad treights—Flour to Philadelphia, 76c. 4 Burro, N. ¥., Jan, 27, 1873, Grain in stone and afloat :—Wheat, 273,009 Vusheis; corn, 202,595 do. ; oats, 81,323 do.; barley, 176, 16,307 do. peas, 545 do.; "barley mait, 18,733 do. Flour Western Spring, $7 25.8 $950.4 $10. Wheat stead, Spring at $1 50; Ww! white Michigan at $2 05, 1,200 bushels No. 2, in store, at 58e. ; 5,000 do. track, at fe. in good demand’; sale of 3,500 bushels No. 2 Western at die. ; No. 2 Toledo held at dc, Barley active; sales of 15,000 bushels Western No. 2. at ic. ; 11,00 do. No. 3 Western’ at s6c. ; 1,800 do. Canada at $1. Tye firm; sales of 2.200 bushels Western at 8c. ; one car Sta at Sie. Barley malt easy; Western, $1 a $110; prime Winter Western, $1 10 a $1 15; prime Canada, $1 20 a $1 25, Other articles unehanged. G0, Jan. 27, 1873, Spring at $6.50 a amber, $8 50 a $9 25; 1,500 bushels phicago No. 2 sO ' Sorn firm ; Onn Flour firm and scarce; sales of ex $7. Wheat quiet and weak: sales of No. Spring, at $113 a $113 cash; $1 Iie seller, February: No. 1 Spring, $1 271; No. $do., $1 113s a 81 11g; rejected, 9c. Corn duit and drooping: kales of (No. 2 thixed at 30);¢. we seller Febrnaty; rejected, Z7%c. sales ot No. 3 Pork stendy "at $1g, spots $12 0) ‘ork sendy a spot: $12 30, se! e ard qniet and weak at $7 10 quiet and’ unchanged. Green hans sold at 6c. 20 Th. averages; 3c. & Bigc. for 18 Ib. averages, Bulk meats and "bacon “nominally unchanged; no sales. | Dressed hogs firm at $4 60 for heavy; $450 for light. Whiskey dull at 88? ceipt:—i,000 bbls tour, 15,000 bushels wheat, 5, corn, 9,000 do. oats, 2,000 do, rye, and 6,000 do, barley. Shipinent-—3,000 bbls. flour, 3,000 bushels Wheat, 2,000 di corn and 3,00) do. oats, EUROPEAN MARKETS, Loxvow, Jan, 7—5 P. M. Loxposx Moxry Marker. United States five-twenty bonds, 1865's, old, 927% ; 186 n-forties, 92%; new fives, 9; Erie’ Railway shares, LiyexrooL Corton Market.—Liverroot, Jan, 17—4:30 —The of the day 00 for speculation and export. Ot the sales November and Liverroot Brrapsturrs Market, —Liverro: ‘ket for breadstutts is is M, . new mess. Bacon, new Cumberland cut. Lard, 3¥s. Propeck Manrker.—Loxdowx, Jan. 27—Tal- Jan. 27— | leases ___ BINA NCIAU, D MORTGAGES ON IMPROVE v ropert romptly cashed. Principals, ad- LLENDER eu WHEN JE, 0 Pine street + on improved property in New York aud Brooklyn. pons of the wanted; also Sue from May next, Address MONEY, Foretgn Exchange, JPINANCIAL, ORTY-FIRST DIVIDEND Hanover Fire Insurance Compa: pany. A semi-annual dividend of Fi Pe on demand at the ofice of the company, 13 keoniway _New Yous, Jan. 2 187% {OR SALE—A PURCHASE MONEY MORTGAGE OF , Secretary. $10,009 on improved first class city Property ; 5 yeura "box. 160 Herald ee. AY COOKE, M'CULLOGH & 0O., Bt Lombard street, London. Commercial ren ee Letters Oireular for travellers 1 f the world. available in all parts of COOKE & CO, _20 Wali ‘co! WV ONEY TO LOAN AND BUY MORTGAGES. D, PHGENIX INGRAHAM, NO, 4 PINE STREET. Returns of premiums and expenses. The company United States and State of New Yor! city, bank and hs teense Goans secured by stocks, and otherwise, Real estate and bonds and mortgages. Interest, and sundry notes and claims due the c Premium ‘notes an Cash in bank.....,... Total amount of assets. Six per cent interest o profits will be paid to the holders thereof, or their legal Fepresentatives, on and aiter Tuesday, the ash of Feb. ruary nex! The outstanding certificates of the issue of 1899 will be redeemed and paid to the holders thereo!, or thelr legal representatives, on and aiter Tuesday, the 4th of F ruary next, from which date all inverest cease. The certificates to be prod ment and cancelled. A dividend of fifty per cent ts declared on the net earned premiums of the company for the year endin Sist December, 1872, tor which. certificates will be lasued. on and after Thesdily, By order of the Board, J, UW. CUAPMAN, Secrotary. Trustees, J. D. Jones, James Kryco, Willlam H. Webb, harles Dennis, Daniel 8. Miller, Sheppard Gandy, W. LU. H, Moore, Wm, Sturgis, Francis Skiddy, Henry Colt, Henry K. Bogert, Charles 0, Burdett, Lewis Ourtis, Jos. Gaillard, Jr, William E, Bunker, Chartes H, Russell,C. A, Hand, Hh ii Lowell Holbrook, James Low, 4 BE . Warren Season y Howland, Robert L, Stua: je ‘oval Phelps, |. Babcock, Alex. V. Blake, leb Barstow, Robert B. Minturn,Chas. D. Leverich, ae Prob G. Wi; Burntiam, Josiah O, Pe jam E, e, Fred’k, Chauncey,C! |. Marshall, David Lane, on i STOCK PRIVILEGES.—FULL INFORMATION GIVEN mailed to any address; no risk ‘or expense amount paid for privileg interest and no margin “puts” and “calls,” a) ten uses during the time, 30 or 60 days, the cost being $100 for every 100 shares. FFICE OF UNITED STATES ASSISTANT TREAg- urer. New Yout, Jan. 27, 1873. By direction of the Secretary of the nthe in- tereston the public debt due February 1, will bo paid at this office on and after Monday, January 37, 1873, without rebate. ___ THOS, HILLHOUBE, Amistant Troasurer, U. 8. FFICE OF THE ATLANTIC MUTUAL INSURANCE » New York, Januar 1475. Company, a b ‘The Trustees, in conformity. to. the chartor of the Com- any, subinit the following statement of its affairs on tho st of December, 1372 -— Premiums received on marino risks, from the Ist January, 1872, to the 3lst December, 1872 Premiums oi policies not marked off Ist Jai ary, 1872.. Total amount of marine premiums....... No policies have been issued upon life ris! hor upon fire risks disconnected with ina- rine risks. Premiums marked off from Ist of January, 1872, to3lst ot December, 1872... § - $5,918,019 95 paid during the saine period. as the following as other siocks.. ompany, esthnated at, . ills + $15,571,206 13 ertificates of Fob- reon will uced at the time of pay- y, tho Ist of April next, Samuel L. Mitchill, J. G. De Forre: . 8, Stephenson, J.D. JONES, President. CHARLES DENNIS, Vice President. W. H. H. MOORE, Second Vice President, J.D, HEWLETT, Third Vice President. oH application at our office; explanatory eiroutars yond the rivileges are not subject to in be called; privileges, 1. cs, \l for many operations reo) LAPSLEY & BAZLBY, Broters, 47 Exchange place. Valley Railroad will be paid by the First National Bank of New York. ward, worth $30,000 amount and wishin; may address N, 0 Second Mortgages on city Improved property ; also $35,000to loan, BAWAND & LEAVETT, of Wal rect, 7 PER CENT CUBAN BONDS—HAVING 23 PER CENT cent on the cost; will nized. Address FORKIGNER, box 6,862 Post office, say ing where to collect. 8.000 WARTED-ON AN UNDIVIDED OnE thi adress DANIEL, liberal bonus will be given, $39,000 rem aTEQRNEYS,, BXECUTORS OF and profitable “investinent—The undersigned offers. for sale, ata small discount, a First Mortgage of $32,000 on Droverty worth $120,000." wat GtGORTON, HE COUPONS DUE FEBRUARY 1, 1873, FROM first’ mortgage bonds of the Syracuse and Chenango ANTED—$12,000 FIRST MORTGAGE UPON BEST single five story tenement House. in Seventeenth 10 bonus; any one having the above fy invest sately tor a term of years second street. E HAVE MONEY BUY GOUD FIRST AND interest accrued; a sum of $50,000 at 10 cents or 70 per be worth 70'whon Cuba. ts recog. iN apeee of real estate in fee in this city, ORGAN, box 183 Herald office. “A es and other partics seeking a safe ORTO Attorne 169 Broadwa:; om 1. q 1) TO LOAN—ON NEW YORK, BROOK. $500.00 lyn and Westchester Real state, in sums to suit; no bonus required U. Be WILLS, Montauk Insurance Company, 168 Broudwa; NHE TT botwoon the cadorsigned under the firm name of Schmidt & Quigloy, d al consent." Mr. Schmidt assumes all liabilities of the late firm, and will alone sign in liquidation. New Yorx, Jan. 25, 1873. JAMES M. QUIGLEY. term of years. __... COPARTNERSHIPS, TNERSHIP HERETOFORE EXISTING has been this day dissolved by mutu- FREDK. A. SCHMIDT. tn HE COPARTNERSHIP HERETOFORE EXISTING under the name of Kish & Ri ler was dissolved lant January 27, 1873. SH & RIGLANDER, a REAL ESTATE MATTERS, The only transactions worth reporting from yes- terday were two legal sales effected by Colonel James M. Miller at the Real Estate Exchange, con- sisting of a lot of land, with improvements, on the south side of Water street, commencing 58.8 feet east of Montgomery street, by order of William M. Hoes, referee, lot_25,8x70 feet, to Peck & Wandell, for $14,600, and one lot of land on the south side of Sixty-third street, 125 feet west of Ninth avenue, under the direction of Robert P. Hope, referee, lot 25X100.5 feet, to G. FE. Dorland, for $8,500, Among the few private sales reported to us are the following, effected by A. C. Lamson & Son, No, 8 Pine street:—Four lots, each 25.6x100,8 feet, on the south side of Ninety-second street, 62 feet east of Madison avenue, and one lot in the rear, 25.6x 100.8 feet, on the north side of Ninety-first street, 62 feet east of Madison avenue—the five lots for $48,000. Also the lot situated at the northeasterly corner of Broadway and Filty-sixth street, the lot being about 25x75, for $38,750. The inclement weather yesterday had a depress- ing influence on the marke a tendency to become activ which otherwise had THE COAL COMBINATION. Unusual excitement prevailed among the city coal dealers yesterday in consequence of all man- ner of reports concerning the alleged combination of several large companies for the purpose of con- trolling the market. Letters have been received from the ofiicials of the Reading Railroad offering all the usual facilities of transportation to mine owners, and averring that no coercion need be feared. Rumors are afloat, however, that ob-ta- cles will be interposed by independent speculators, In Philadeiphia the people are vigorously opposing the scheme and threaten to bring the matter be- fore the courts, and the position of the Reading company will probably fornf an issue at the next election. The agents of the suspected companies stoutly deny the charges brought against them, The coal companies of this city, which agreed to meet together at the end of each month and fix the price for coa) for the succeeding month, have Just established the rates for February. The following is the scale just adopted by the Delaware and Hudson Canal Company as compared with the prices at the beginning of the year:— Fond, Fei. Furnace (inmp).. $4 30 $4 00 | Steamer dump, - 440 470 1450 49 475 505 520 5w aw 40 The above prices are for coal deliverable on board vessels at Weehawken, and show a general increase | of thirty cents a ton. BURSTING OF A RANGE IN PATERSON. A large kitchen range inthe basement of the Paterson Opera House exploded yesterday morning with a tremendous crash. The range was used » formerly by the hotel occupying a portion of the house, but recently has been used to heat water for scrubbing the dancing floor of the theatre. The range was being fired up for the latter purpose yesterday morning, when the water back, in which the pipes had prob- ably frozen, exploded with a tremendous crash, tearing the most of the range into smail frag- ments ana scattering them in every direction ast from a bombshell. The large grate was hurled across the room, a distance of about twenty feet, where it went through aninch and a half door, The flying coals set fire to the room, but were | promptly extinguished by Mr. Stone, th who had just stepped from in front of the range when the explosion occurred, else he would have been blown to atoms, and there being no one else about the place the whole building would undoubt- edly have been enveloped in flames before it was discovered from the outside, je janitor, AN ARMY OF THIEVES IN HOBOKEN, The operations of sneak thieves have become so | are apt to be une: CONNOLLY’s WHEREABOUTS. Rumors that the Ex-Comptrotier is tm the City—Mr. Lyman Tremain Dentes Them, and Says the Ex-Comptrolier ig Still in Europe, and Will Not Retura— How the Report Originated. The report was general around the city yester- day, among those interested in the 'Pweed trial par- ticularly, that Mr, ex-Coniptroller Richard B, Con- nolly was in the city, and would turn up in a day or two on one side or the other in the pending sult. Tho matter was extensively canvassea pro and con, and the’ bearings such @ return would have upon the decision in the case wore discuased. With all those who be~ lieved in the return of Mr. Connolly there was « vagueness whicii gave the matter nothing more than the appearance of a rumor, yet a great many were very positive that such was the case, and that another Garvey sensation was about to be sprung upon the public, A HERALD reporter, to find out the truth about the rumor, calicd at the house of Mr. Wheeler H. Peckham to interrogate him on the subject. Mr. Peckham was notin. The reporter then wended his wav back to the Gilsoy House to see the Hon. Lyman Tremain, one of the lawyers on the side of the prosecution in the presentcase. Mr. Tremain was in, and the reporter found the gentleman on pe ade, floor, where he was recelyed very cour- eougly. There is a very positive rumor down town, Mr. Bena said the reporter, “that Connolly is im he city. “yh have heard of such arumor,” answered Mr. Tremain, “both to-day and several days ago; but there is no truth, as far as I know, in the matter.’ “You can, then, positively state, as far as your side of the case is concerned, that he will not be brought up a8.a witness?" “That I can Say positively, yes. It would be, in the first place, of not the slightest use for us to bring him up, because he might very properly ob- ject to testily ona Cer ol privilege, as being. one of the persons indicted in the case.” “But would this not apply equally to Garvey?” “No, because Garvey was not a public officer, and both Tweed and Connolly were.” “And what do you think of the defence making Connolly testify ?”’ “That is not possible, because there again he would uave to criminate himself. Oh, no! Lcan assure you Connolly is not in the country. He is in Europe, and will stay there, Iieel certain. He can do no good to himself or to others by appearing ere, “You say that Connolly is concerned in this in- dictment.?” “Yes, Connolly and Tweed are both concerned. What would affect one would affect the other, as the case is exactly parallel.’ “Sheriff Brennan stated some time ago that Con- nolly, if in the city, could not be arrested on the old papers.”” “Oh, Connolly could be arrested easily enough,’* said Mr. Tremain, smiling. “Then lam satisfied,” said the reporter; “the statements were so positive as to Connolly's being here that many believe it at present.” “They may remain satisfied, lL assure you. And, by the way, before you go I desire to say one thing, which I have often said to others, In the recent reports which have been made of the Stokes and the Tweed cases of all the papers the HERALD has been both the most tinpartial and the most correct. Thave had much occasion to admire this as being 80 Opposite to some of the bag ell which give re- ports both garbled, prejudiced and incorrect.'” ‘The reporter then took his leave. THE LATE JUDGE TRACY. For many years the Judges of the Marine Court have not been called upon to mourn the death of an assoclate summoned by death from their midst, while he was still one of them, performing his Judicial duties to within but a few days of hia death. It has fallen to the lot of one of the youngest of them to be taken hence from the earthly tribunal where he so lately presided to that eternal judgment seat before which all must appear. The sudden death ot Judge William H. Tracy has left a void in the hearts of bis late as- sociates of the Marine Court, by whom he was Most esteemed and honored and by whom he will be long mourned and forever remembered. The deep feeling of the Judges of the Court at the early taking off of their late associate and friend found eloquent expression in the tribute paid to his memory by Chief Justice Shea, and in the adjournment of the Court in honor of his memory, There were also fitting remarks by counsel and a@ series of resolutions adopted by the officials of the Court, all of whom were per- sonally acquaiuted with the kind and genial dispo- sition and courteous manuers of the deceased. At the opening of the General Term yesterday— full bench—Chicf Justice Shea presiding, Mr. Samuel G. Courtney rose, and, aadressing the Court, moved, as the oldest member of the Bar present, that the Court adjourn out of respect to the mem- ory of one of its Justices, William H. Tracy. Mr. Courtney paid 8 high tribute to the memory et the deceased for his amiability, geniality and nd disposition towards his associate Justices and all members of the Bar practising before him. Addresses were also made by Messrs. A. J. Hull, McNamara, Cooper, Judges Flannigan and Furlong. REMARKS BY CHIEF JUSTICE SHEA. Chief Justice Shea said :— On behalf of this Gourt and in answer to the motion ne Jess can be said than that the death of Mr. Justice Tracy is thought of by us with a sorrow profound and sincere. His kindly nature and brotherly aid will be looked tor by us in our dally labors, amd this sense of Joss must con- tinue to be felt until, in the beneficent effect of time, that. sorrow shall have ‘softened into an abiding and pious memory. Silence is our safest eloquence when we are im the presence and would speak of the recent dead; for, while our feetings are then warm and strong, our thoughts tain, vague and conf ud unexpected as it is, m ression of What we, Wi ased. ‘This ocea- st Not pass with- n entire accord, sion, sudden out some ex think of our departed associate Judge. While his years were too few and" his judiciab coursé too short to lay the deep and” broad foun with jon of a knowledge of jurisprudence such as he, ninendable truth and modesty, thought requisite one who takes upon himself the administration of ju- ul function, yet nature supplied this detect of years ing him a Tare mental quality; propriety of judg- ment bred in him habitual industry and careful’ con- sideration In the perform e of his official duties, He had a native sense of honesty that appreciated where the right of a cause was to be discovered and a firmness of intelligent purpose to adhere to opinions when thus care- fully formed, His character was, Indeed, natural, manly an igenial, and our intercourse with him, officlal and personal, was ever most pleasant. He had none of hose attractive insincerities which successtuily engage, but, happily,do not retain tie applause of anything bey iu uneubsiantial popniagity. “Eis conduct was always plain and direct while conciliatory in manner. public life was passed in the education department of municipal government, in our State Legislature ang ir Associate Justice of this Court. In the last we are rivileged to speak of him. is career as Judge was certainly one of usefulness, ai 4 useful life isoue of honor. Though his death was sud- den and unexpected to us, we now learn it was not um- expected to lim, His thoughts -and acts had of late eonstant remeinbrance of the uncertainty of this ito, anak grace when suddenly the prospect of eternity was o} his contemplation we of a sober and certain pI litigated business will be done in this tuptil atter the rites of burial are ended, which are announced for to-morrow morning. THE COURT ROOMS IN MOURNING. The court rooms will remain draped in mourni for thirty days, The | ried of this day be entered in full om the records, and this Court, im respect to the memory of Judge Tracy, will now be adjourned until Thursday morning, at ten o’clock. RESOLUTIONS, The following resolutions were adopted by the officers of the Marine Court:— Whereas it has pleased Almighty God in his in- finite wisdom {to remove from our midst our es- teemed friend, Mr. Justice W, H. Tracy, one the Justices of the Marine Court the tity, of New York, we. the undersigned officers of the Maring Court, tender to the bereaved family the expression of our heartfelt sympathy In the which has befallen them, and our devout prayer that Almighty God in His great merey may atrenginen sustain therm in t eir sore affliction. Resolved, That we, the officers of the Marine Court, af tend the funeral in a' bod: Resolved, That a co} to the family ot the decea joro, John Meehan, Harrig James M. oore, W. McKenney, Mosher, conimittee. ‘The Marine Court was adjourned uatil Thursday morning. THE MARSHALL'S COBNER HOMICIDE. Maher Indicted for Manslaughter. Yesterday in the Mercer County Court, N. J, the Grand Jury handed in thirty bills of indict- ment, amongst them being one found againss Patrick Maher for manslaughter, charging him with | naving kilied John St, John at Marshall's Corner om the 7th instant, full particulars of which nave siready appeared in the H®RALD. Prosecutor Broom charged tye prisoner yesterday on the in- dictment, during the reading of which Maher was an attentive listener, and seemed to preserve the utmost composure, although at intervals he sighed deeply. He does not appear to be be under that heavy strain of melancholy whi 80 visibly characterized his deportment r his incarceration in the county jail some two weeks ago. He Risades. “Not guilty.” His trial will nes take place till next week, when he will be defended by two able counsel. Among the other indictments found were one each against John Clark, Jasper C. Allen, Walter Whelan and Theodore Seruby, charg- ing them respectively with the crimes of f numerous in Hoboken of late that the Chief of Police found it necessary to detail a special squad of officers to parade the city each evening. ros esterday merning 4 stable in Sixth street 0 LBvo, but the jorgery, bigamy arson and assault with intent to revisit Five bilis were also found against Susan Watson for various larceaies. There are sixty Supreme Court and Circuit Court causes, including appeals, on the list to be heard during the present one ef which ts for false imprisonarent agaist Police