The New York Herald Newspaper, February 7, 1873, Page 9

. FINANCIAL AND COMMERCIAL, (Call for Redemption of a Handred Mil- lions of the Five-Twenties. The News Withheld from Wall Street Until the Hour of Adjournment. DECLINE IN THE GOLD MARKET. Wore tho Clique Posted and Ena- bled to Unload? Money Active, with Relaxa- tion at the Close. NOE LAST QUOTATION 4 A 5 PER CENT. An Erratic Speculation at the Stock Exchange. ‘The Movement in Western Union and Ite Explanation, ADVANCE IN PACIFIC MAIL. WALL STREET, } Tuurspay, Feb. 6—6 P. M. "On 'Ohange to-day cotton was quiet and easy for Yots om the spot, while the late future months were ‘@ trifle firmer. Flour was quiet, but firm. Wheat ‘was dull and unchanged, aud corn was slightly in ‘buyers’ favor. r A FURTHER “CALL”! OF FIVE-TWENTIES, At the:close of business this evening it was an- ‘ounced to Wall street, through the American agents of the Syndicate, that the Secretary ef the Treasury had given notice of an intended further cancellation of five-twenties to the extent of one hundred millions of doliars, the interest on the sbouds to cease ( IN NINETY DAYS ‘from date, after which time the principal will be ypaid in gold, at the United States Treasury in ‘Washington. The reader is referred to our Wash- dngton despatches for such further intelligence econcerning the call a3 may reach us during the scourse of the night. THE GOVERNMENT GOLD SALE. There were twenty-two bids for the government gold, calling for a total of $4,350,000, at 113.05 a 113.79. The million and a halt (which ts the weekly instalment advertised to be sold during the montn sof February) was awarded at 113.79 a 113.62, THE FOREIGN MARKET. ‘The Bank of England discount rate remains at ‘the minimum of 834 per cent, no alteration having been made by the directors at their meeting this noon. The bullion account of the Bank showsa gain for tne week of £379,000. The quotations for consols improved 34 per cent upon the last men- tioned fact, but United States securities continued weak and were mostly lower, the decline being most marked in the five-twenties of ’65 and '67. The ten-forties were exceptionally steady; but the ‘new fives went off to 90%—equivalent to about 99% in our gold, inclusive of about three wecks’ interest. Erie shares were feverish, and, after an opening jamp to 53%, declined to 5234. OO tai MONEY EASIER. “The money market Was active during the earlier ‘ours of the day, and the rate of Sill, with pledge of stock collaterals, ranged from 7 per cent coin up to a8 high as 1-32 in addition to legal interest. Be- fore the adjournment of the market from the Board ‘to the sidewalk there was a sensible moderation in the demand, and the rate began declining until, \pefore the close of the open air dealings, loans were made at as low as four per cent, the quota- tion closing in good season at 4a5 percent. Mer- «cantiie paper was quoted 8 a 9 per cent discount for first class names, Foreign exchange was un- changed GOLD LOWER—113% a 113%. Tac gold market was weaker, despite the unfa- vorable quotations for our bonds in London, and declined from 113% to 113}, as if parties in the Gold Room had recelved an inkling of what the Treasury intended in the matter of calling in the five-twenties, although eare had been taken by Mr. Boutwell that the news should not reach Wall street ontil four o’clock, or just as the gong was sounding the ad- Journment of both the Gold and Stock Exchanges. The weakness can be referred also to a less sceptl- al impression in the minds of THE GOLD CLIQUE -as to the success of the Syndicate in negotiating the new five per cents, especially as the time is Grawing near for a settlement of all deubts about the matter. The decline would, perhaps, have been more precipitate had not the European steamer taken out a consignment of $650,000 specie, in- clusive of $500,000 gold, although the export was egain regarded as in some way connected with the effort to sustain the gold speculation. The course of the market is shown in the table:— 10 A. M. 10:40 A. M. na M M 2M. « 13% 4P.M. In the gold loan market the rates ranged from 5 percent for carrying to 2 percent for borrow- ing. The operations of the Gold Exchange Bank Were a8 follows:— Gold cleared 55,699,000 Gold balance: + 2,013,700 Currency balances.... « 2,629,821 The Sub-Treasury paid out $304,000 on acceunt of interest on the public debt, and $7,000 on ac- count of redeemed five-twentics. THE RAILROAD BONDS. The railroad bonds were lower for Central Pacifics and better for the Unions. The following were the bids at the call as amended by the prices in subsequent dealings :— * OL 87 1; Lack & West 2d im Ei ri Tol’ Wab iat my, ex. 9 ‘ol al im, ex. Erie 100” Tol & W ist m, StL div 89 Erie $8% Tol & Wab 2d. .... Erie ° Tol & Wab con conv. tre SS Gatecme ekeended: 199 Lom 94% Gulena & Chic 2d m, Butte 9° Chic, RI & Pi itt Mud’ 106 Morris Mud 100, Mi awe Ne N's at PM ich 1 PEW Cle 01 Clev & S95 Olev & . Clev & Chie & Chie & Ohio & Obie & Dubé Dubé htLoul Mia Mast Mast Mast Joliet & Gol, Ob €o), © Tol, B & Tol, Pe Peay Bost H & Bur, R & M7’ SOUTHERN SECURITIES DULL. The Southern State bonds were dull and devoid of new feature, except for the Tennessees, which were lower and heavy. The gemeral market was steady and closed as follows:—Tennessee, ex cou- pon, 614 8 82; do,, new, 814 982; Virginia, ex cou- pon, 47 650; do., registered stock, old, 37 942; do, ‘~~ sixes, consolidated bends, 65% a 66; do. sixes, de- 1 ¢ ferred serip, 14 8 1436; Georgia sixes, 75 980; do, sevens, 90 a 93; North Carolina, ex coupon, 33% a $5; do., to Nertn Carolina Ratiroad, 59 a 61; do., funding, 1866, 25 a 28; do. do., 1868, 23 a 26; do., new, 18 & 9: do. svecial tax. 1214; Missouri sixes, | 115%; do. do., 1881, registered, 117% a 117K; do. NEW YORK HERALD, FRIDAY, FEBRUARY 7, 1873—TRIPLE SHEET. 042944; do., Hannibal and St. Joseph, 90% a 91; Louisiana sixes, 50 @ 56; do., new, 45 & 50; do, levee sixes, 50 0.60; do. do. eights, 50 a 57; do. do. eights, 1875, 60 265; Alabama fives, 67862; do. eights, 8a 87; South Carolina s1xes, 40 a 50; do., new, January and July, 22 a 22%; do. do., April and October, 2434 8 2534; Arkansas sixes, funded, 40a 45, GOVERNMENTS STEADY, The government list was steady, regardiess of the fluctuations in goid, and prices were almost unaltered. The closing quotations were as follows:—United States currency aixes, 115% a do., coupon, 118% a 118%; do. five-twentles, registered, May and Nevember, 114% @ 115; do. do., 1862, coupon, do., 114% a 115; do, do., 1864, do. o., 114% 8115; do. do., 1865, do, do., 115% a 115545, do. do., 1867, registered, January and July, 114% @ 114% ; do. do., 1865, coupon, do., 114% @ 11434; do. do., 1867, do. do., 1165¢ a 11634 ; do. do., 1868, do. do., 116% a@ 116%; do. ten-forties, registered, 111 a 11144; do. do., coupon, 114% @ 115; do. fives of 1881, registered, 113 a 113%; @0. do., coupon, 1134 @ 118%, STOCKS UNSETTLED AND STRONG. The stock market was unsettled by the changing views of the street with reference to the success of the new loan, an early decline and general weakness being followed by a firmer market and a rising tendency in prices toward the close. Doubt- less those who sold out on Monday and Tuesday to 12:15 and 2115 P. M. 50; {Sgahs West Un Tel Pg 300 66 100 a 100 665 4 F z 7 800 3 66) Be " 200 . 65) She seesesesss CTR SE Lif 100 Pac RR of Mo. Second Board—1 guard against the chance of a failure on the part of the Syndicate were buying back to-day against the contingency of success when the subscription books come to be closed to-morrow. The overshad- owing feature in the SPECULATIVE LIST was Western Union, which advanced to 943 in the forenoon, but fell to 907% late in the afternoon, only W rally to 923; at the close. In explanation of re- cent operations in this stock it is said that ene of the Executive Committee sold 15,000 shares a few days since to get the cash to consummate a bargain in the purchase ef the Cuban telegraph cable, but the transaction was regarded by the pool as speculative on his part, and centinued to be so regarded until the Executive Committee by regular action sanctioned the delivery of the stock trom the supply in pos- session of the company. The acquisition of THE CUBAN CABLE ne is deemed highly advantageous to the Western Union Company, who, in exchange for their 15,000 shares of stock (or its cash equivalent), have ob- tained three-fifths of the capital stock of the Cuban Cable Company. Hence the strength of the Western Union quotation when the nature of the transaction imvolving the sale of the company’s stock was explained. A sudden rise late in the day to 75 for Pacific Mail and 42% for C., C. and L ©. is interpreted to mean that the clique leaders of the market had obtained a clew to the intentions of the government as to calling in the hundred millions of five-twenties and were using it te the best advantage in the limited time al- lowed them for speculating upon it, HIGHEST AND LOWEST PRICES. The fellowing table shows the highest and lowest prices of the principal stocks during the day:— Highest, Lowest. 10534 65% 95 74 13% ern (No transactions.) Nerthwestern preterre 9246 9254 Rock Island. 113% 53% red (ex diy.). 76 Ohio and Mississippi... 4836 Union Pacitic. 85% G., O. and I. 0. a 405% Western Union Telegraph. 00% Pacific Mail.. 72 In Philadelphia Reading was weak and declined to 113}4, but closed at @ reaction to 113%. _ ERIE RAILWAY EARNINGS, The following 1s the latest return of estimated weekly earnings of the Erie Railway Company, commencing November 1, 1872;— 1872, 1873, :, Seven Days. Seven Days, For week ending Jan, 31, ($845,500 $293,676 Previously reporte: 7481 4,120,114 Total earnings since Nov. 1.$4,232,981 Decrease for week...... Increase for three month: SALES AT THE NEW YORK STOCK EXOHANGE. Thursday, Feb. 6—10:15 A. M. $10000 US 6's, '8l,c.... 11: feesevee bavi '8, "81, c, 3s $9000 US 6's, cur, 153 a0... oli 10 A. M.—Before Call. 100shs West Un Tel... 500shs LS & MSRR. 95K Wo do. soo do. 9 1508 1100 0 200 a 2 2000 ‘$00 4v0 a Eo ae a 1300 308 67 ‘900 400 or 200 900 7100 500 500 S Seat SESESSSSERES ESSE: £83 SESSESESSESSSSESSESESESLEE: 9 Soest: SESESECESEEREERSESECEUE ee egggeassccaas sgsssssenees ot ene 3000 Pac R 7's, gtd Mo. 5000 Con Pac gold b. 1000 West Pac bd Son Un Pac Ist m Jo. fy 10s! Un Pac, 10 U Pac isl gb. hic & N W con ‘4NW I 2 Park Bank.. 5 Bank of O Com’ i gen Coal..be “ B aac dics laryland Co % West Un Tel a Boe 91% uw egec SSESEES BISGERE = ‘92! w 66: va 66 E ae City 66; 66 a 70 too 1 &o 933 20 66 $833 00 6, iL 8 % a 95 iy 9 900 95 so teed we %ig 0 | EA 500 log 3” 1033 on 286 tn ob a) eo 8 iT, R ous lor » Os 100 Pac 53) 20 & 10 ry 1 do, 200 « 1W Con ¢ of 0 & ao Aterican. Goal. 20 24 Del Hud Canal. 140 10) 25 Bw 43% rn es 1WAt & we ao 46» ow wy SSSSESA Ett Sse + eee Ey o Eeeses! = 900 200 1100 600 1100 9 10 934, 100 93 1:00 25 petty 4000 24 Morris & Essex RR 914 100 100N J Southern RR... 27¢ 500 BV Ohio # MRED Cis 485 200 cy 43 2 a | 4 . @ 100 3 4 700 73% 200 do 49. 100 73%, 10) Atlan & Pac 36) 200 BR 400,08 100 At 33 200d 4 66° 300 ca) oes os AoaSePooopteoas ttt gseeess BA REEESE COMMERCIAL REPORT, Cotton Quiet and Easy; Receipts at the Ports, 14,187 Bales—Flour Quiet but Firm—Wheat Dall—Corn Easier—Oats Steady—Provisions Quiet but Firm— Grocerics Dull—Petroleuam Steady— Naval Stores Nominal—Whiskey Steady. THURSDAY, Feb. 6—6 P. M. The merchandise markets remained very quict to-day, amd values were ag @ rule nominally un- changed. The cotton market was dull and prices almost nominal. At the Produce Exchange there was but little change in the complexion of busi- ness matters, the markets being almest univer- sally dull, Flour was quiet, but the market was steady. Meat was alse dull, but prices were nominally the same, though for very superior Spring wheat extreme Prices were bid and refused, The principal holders are offering prime wheat very spar- ingly from store, and about all the good wheat sell- ing is that which is orriving by rail, Choice Spring wheat is held at extreme figures, nominally about 5c. above the market. Corn.was dull to-day and lower, to sell—especially mixed in store—a large proportion of which is not prime. Oats Were steady at former prices, Whiskey was steady but very quiet. There was comparatively little doing in provisions, but the market was generally steady, except for lard, which was heavy. Freights were steady, witn moderate offerings. There was little or nothing doing in groceries, but no essen- tal change occurred in prices. Petroleum was steady, and the market showed & little more mgns of life. Naval stores wore very quiet and while spirits re mained frm, rosin was somewhat easier, but entirely Rominal. Covres.—No trade was reported from first hands, but the distributing business was moderate, at full “ Moses quote :—Rio—Urdinary cargoes, 17c. a ir cargoes. 18 ite: | Brtmwe cheseed Hitce SNP yy ared ina Me #3 oi Hee wb Sonate othe iatkst ft at Lotion wap lective prices were wholly nominal at. the appeimier ag Thich were really not ebtainaple oP small lots. The tone of the mai ‘at though quist, Fulod about stenay, ity Torday, " Laat I ses! a 8 a 60. ba Tow middi cj th a sa] rt ‘o’olocy— ide.» Hy a dosent 1-160, mo ‘a aH, ne York, 863; Boston. 66. Total, 14,187, day tast week, 1f338. Tits ‘day lavt yenr Ti,tahe itaten on cotton closed firm at the following’ figures :—To Havre, by steam, ye. & Uge.; sail, lc., compressed. To Hi by aia, rastare Sivas Steed shat a) a 6d.; sail, Md. aw TI Room fe quote Uplanta, Mew Orleans. Texas, Ordinary. 188 i Good ordi 2s wy Btrict rie =. 203-16 Low 20! 2% athe grater re based on cotton in ). rupning per ity not more than half a grade above or below the leq) . FLOUR ax Grarw.—Receipts—Flour, 4,248 bbls. ; wheat, 11,180 bushels ; corn, 17,700 do. ; corn meal, 100 bois; oat 215 bushels; barley,’ 3,000 do. The flour market rulo sioady, with @ moderate demand, mainly from the local trade. ' The sales were only about 6,500 bbis., including al kinda, at prices within the range of the appended tions, Corn meal attracted rather more attention, and gales were reported of is. Western yellow at fated a $3 12, descriptions were held nominally as fore. We quote No, 2 State. S40 a $650 Superfine 51 6508 70 Extra State. THa_ 5” Choice State 800aq 85) Superfine Wester 68a 70 xtra Western. THe BO Extra Minnesoia. 85)a 1050 Round hoop Ohio, T5ea 800 Round Hoop Ohio, 85a 95 Family. 9508 1050 Bt. Lou! 80a 900 St. Louis straight extra fas bs 8t Louis choice double extra Da 1050 St. Louls choice family: WNa 10 Californit 95a_ WS 85a 625 40a 60 65a 700 75a 900 90a 1300 3a 355 86a $65 8a 400 40 f BS a BH". ob, was dull, but unchanged.’ The sa'es were about hels, at $1 64 for ordinary Ohicago Spring, in WU tor Noe 2 Milwnukes, Instore; SL Ta aat 73 for do., afloat. For very choice No. 1 Milwaukee, $1 in store, was bid; $2 25 for white State. Other deserip- ‘were held nominally as before, Corn was dull and somewhat easier. The sales were about 63%. a 64c, for old Western mixed, in ellow, in store ; 653¢c, a 60c. for new rn. ailoat; ¥6c, tor ‘do, ‘yellow, afloat; G6c. a 67c. for white do., and 74c. a 75c. nominal y for Southern white, afloat.’ Oats were steady, bat only in limited demand. Tho sales comprise about 20,000 bustiels, ‘at 75c. for prime seed barley oats, S20. for State mixed, on the track Bic for white do,, S46. for yellow do., afloat ‘a Saige. for new Western mix rley and but held nominally steady at prices quoted yester: Fuxicurs,—fhe market continued quiet, both for freight engagements by vessels in the borti and for vessels for harter. Tonnage scarce and rates firm. |The engage- ‘To Liverpool, by sail, 80,000 bushels of grain, at 6%d. for corn and 7d. for wheut; 1,200 bales of compressed cotton at 4d.,_ 250 tierces of lard at 30s. and 19) boxes of bacon at 266, "fo London, by sail, 260 vbls. of rosin at Sa Sd. The only charters we heard of were a Brith brig, hence to Cadiz, 1,000 bbls, refined petroleum, on peas terms; an Austrian brig, about 300 tous, hence to Havre, general go, wt w Lump bum. Hay ap Sthaw.—Under @ fair demand for both ship- ping and retail qualities of hay the market ruled firm and former prices were current. We quote :—Shipping ba: 115, from store; retail qualities, $1 30 a $1 70; is 5, clo 1.05; long rye straw, $1 30 a $140; short do., $1.8 5 oat, We, 750. With the exception of a good Jobbing trade g of importance transpired, and prices lly a8 betore., Sales, in lots, 300 bbls. of at from 70c. a 76c. The stock this date in- hhds. of Porto Rico, 657 New Orlean: cludes 1,801 hhds. of Cuba, 1,405 hhda. of English Islands and 7,000 bbls. of New Orleans, We quote :— st pines ow Cuba, centrifugal and mixe ce. a 19. 8 Cuba, clayed. Cuba vovad Porto Rico... English Islands. New Orleat Navat S10 ho market for spirits of turpentine was very firm, but parties showed no willingness to operate. ye general asking rah, was Ge., Were made at 68%¢c., with offerings by one or two parties at that figure, without, however, resulting in sales, Late last evening sales were made of 280 bbis. at Rosin remained dull and the market weak for strained, but for the fuer qualities firm, Strained quoted at $3 02 a $3.65. Tar and pitch were neglected and uominal at previous prices. Pernoueym.—Market dull and prices nominally the saine. Refined quoted at 20c. for prompt delivery or bal- ance of month. Crude in bulk at 9c. tor remaind if month, cases at 27c. a 27\¢c. and naphtha at 13%\c. for weitern or city. At the creek the market remained dull and nominally unchanged; quoted on the roads at $2 05 ou the upper, $2 10 on the lower and $2 25 a $2 30 at Oil City. ¢ Philadelpiia market continued quiet. luoted at 1c. for balance ef month or March, Bales 10,000 bbis., suitable to vessel for March delivery, at 19¢,_ Later we heard of a sale in New York of 6,000 bbis. refined tor prompt delivery on private terms, supposed to be at 19%e, Puovistoxs.—Recelpts—Pork, 182 bbls. ; cut ments, 2,739 packages; lard, 1,984 bbls. and’ tierces. The market ‘for mess pork was quiet but very firm. No sales were re- orted. The nominal quotations were $14 37! for mess, Bis 75 a $14 for prime tess and Aid 50 for extra prime do. puyer's favor ; sales, ¥ acon way quiet and tended in 67c., 260 boxes short clear at 7 ipiton, for February, at 7%c. , at O'46.a Ze. for extremes, boxes long c! boxes do., sell lear and We: ba Bect—There was a limited business consammated in a small way, but otherwise the unchanged ; sales 40 pack- ages, at from a for new in mess; 13 "9 $14, for do, extra mes, bul; $218 gd for do. prime mess tierces, and $25 e do, India, mess, ef hains Dut steady at $29 ern cut follo ej pickled hams, 100. 6h lo. belies, 740, 8 8c. fo talted shoulders 846." We heard 9 shoulaers at S¢., 6,000 Ibs. of bellies at 744c. for 14 Ib. average, 50 boxes do., 17a 181b. average, at 730., 250 boxes of pickled haus, 10 Ib, averag lise. and 60 xes of long cuthams at lic, Lard—The (Fa under more favorable ad: 64 ing] 1,0u3 do. for Febru- i ae obo "do. fot March at Cay 20 4 do. for May at 8%c. and ‘sen Rice.—There day at full former prices, ‘The sales include #0 tlerces Carolinas at 8c. a 9 and 80) bags Rangoon at 6c. a 7c. Sucas.—The market for raw romained quiet ard easy, but not quotably lower. We have to note sales only of 151 hhds. and 76 boxes of centrifugal at prices not made public, Refined was in Mmited request, and not materi. ally changed in price. | M . Amann & Co. report the stock, sales and receipts (os) Boxes, Bags, Melado, Stock (ascertained by actual rap includ: la fou Febuary 18730. 17,609 45,128 106,984 77 Receipts since Feb. 1. + 2736 4,600 8,783 ay Totals... 20,343 49,725. 110,137 78 Sales since Feb. 2.998 «A738 2,000 Stock this day, Feb. 6, 1873.. 17,351 $8,252 108,137 Comp: win ‘stock, Feb- ee oy bs 8, 1372, + 16,410 25,767 159,906 1,413 with ‘stock, Feb- 27,006 87,275 923,07 8,283 $1,414 245.978 BAT inferior ‘to com- fair, 8%, @ 8% ir C5 ey ec. a V%e.; centrle molasses, hhds. and bise| melado, 460. a 640. Havana—Boxes, standard, Nos.7 to 9, 8 8940.5 do. 10 to 128% 18 to 15, 980. @ '10%40. ; do., 16 to 18, 1 10%. ; de. 1idge. @ 130.5 w 03 Porto’ Rico—Refining, common. grocery, falr to choice, ard, Now. 8 to 12, 7% 10 t0 i 8760. aH. ‘Sianife--Superior and extra superior, Le ve market remained quiet and nominally unchanged. 4LLOW was likewise quiet but firm at 8 15-160. a 9c. for choice. Sales, 20,000 Ibs. of tair to good at 8%c. a 8! Wuisary.—Receipts, 48 bbis, The market was stead: at 933gc., with sales of 200 bbis. at that price, closing, however, weak. DOMESTIO MARKETS, 5 ir rime, ° $0. |. 9g0. 0940, 1 ds. and 8 c. & 4 Gatvxston, Feb. 6, 1873, Cotton quiet and steady; good ordinary, lfc. a 7c. Net receipts, 1,721 bales. xports—To Great Britain, 1271; coastwise, 448. Sales, 900. Stock, 73,034. New On.eans, Feb. 6, 1873, Cotton in good demand ; good ordinary, 1}¢c. ; low mid- lings, 18%0.; middlings, 1c. a ie 4 receipts, 76 Exporte—to Great Britain, its baler: gromm, 8 187; to the Continent, 1,699; constwise, 1,920. Sales, 2,00; last eveming, 6,000. Btock, 210,433. Monti, Feb. 6, 1873, ‘Cotton dull and unchanged; middlings, 19%¢c, ‘Net re- ceipts, 1,386 bales, Exports—To the Continent, 470: coast- wise, 570, Bales, 300. Stock, 49,246, Savaxwan, Feb. 6, 1873. Cotton dull and nominal; middlings, lysgo. Net re- ceipis, 3108 bales Exports—To Great Britain, 2,332; to the Continent, 2,747, les, 42. Stock, 9. iy ‘ely. 6, 1373, Cotton quiet; ordinary, 17% c. ; middlings, 19}c. Net receipts, 1,874 bales,” S 000. Stock, 44,001. ‘9 INGTON, Spirits of turpentine frm at dsc. a 6c. $2 Nor strained. Crude turpentine stead, 2 tor | five-twonty bonds opened at 96% for the issue of Livenroot Corton Manxer.—Liverroo Feb. 6-5 P, —The cotton market closed with ‘4 > Senay. ‘The sales of the day have been 8000 bales, ta cluding 1,000 for ex! tion. Of the sal 009 bales were Ame: 8 Of cotton shipped from Heaton Sieh iaet atetieene 00D, mi 9%4. 0 10d.; miadling Orleans, fie. tioa® Py get amAunrerng MAneat —LITEEIOO, Feb. 6— Liynaroos Paovisions Minxer.—Livenroot, Feb. 66 on, 38. 6d. per cwt. for short rib middles. id $42; 64. pe owt. for new Cumberland cut Pork, 613, vy 38s. 6d. 6. per bbl. for new mess. . per ow Livnxroon Provuce Manxer.—Livnroot, Feb, 6—Even- ing.—Spirits turpentine, 49s. a 50s. per cw! HAVANA MARKETS Havana, Feb. 4, 1373, ; on the United States, 60 days, cur- emium; do., short sight, currency, Riera de $0 days gold. 2 8.2054 pre: mium; do. gold, 31a 31¢'premiam; on Paris, »» short alg! 3),a 2 premium. Bpauish gold, % prem! Havana, Feb. 6, 1873. Sugar weak; sales of No. 12 Dutch standard’ at li reals per arrobe, TRADE AT THE CAPE OF GOOD HOPE. The Port Elizabeth (Cape of Good Hope) Herald of De- cember 14 supplies the following report of the prevaillng quotations in the money and produce markets :-— The money market continues easy, although, in conse- quence of the setting In of the wool season, there is a reater demand for accommodation. The two “foreign” inks continue to 4 jount short dated paper at Sper cent and bills over three months af 6 per cent, and the Port Elizabeth Bank, as advertised, short dated paper under 60 days 4 per cei 5 The rate of exchange on London shows little variation on last quctasone, Epec je continues to flow into the col- ony. The washing establishments at Witenhage, are quite crowded, and grease wool lying here is placed with dim. culty, as there is no demi whatever for the United Stated, and.if bought for washing purposes the date of its return is Very problemati igh freights, accumula- tion of stocks and the delay in washing have all bad a deproming effect upon the market here, and prices, oon: ers, chi auction. —__+-2 + _FINANCIAL, $309,000,000 UNITED STATES FIVE PER CENT FUNDED LOAN. Principal redeemable at par after Ist May, 1881, in United States gold coin of the presont standard; interest payablo quarterly in United States gold coin, and both principal and interest exempt from taxation, whether under federal), State, municipal or local authority. As authorized by acts of Congress approved July 14, 1870, and January 20, 1871. The proceeds of these Bonds are to be applied to the re- demptton and cancellation of United States Five-twenty Bonds, as provided in sald acts. NEW YORK, FEBRUARY 1, 1873. The Secretary of the Treasury having concluded with Messrs. Jay Cooke & Co., representing Messrs. N. M. Rothschild & Sons, Jay Cooke, McCulloch & Co., and themselves; and Measrs. Morton, Bliss & Co., and Drexel, Morgan & Co., representing Messrs, Baring Bros. & Co., J. 8, Morgan & Co., Morton, Rose & Co., and themselves, a contract for the negotiation of the remaining Five per cent Bonds of the Funded Loan of the United States, the undersigned are prepared to recelve applications at par | | and accrued interest for any part of $300,000,000 UNITED STATES FIVES OF 1831, issued under the acts of Congress above mentioned. Applications may be made payable either in cash (in gold) or in Five-twenty Bonds of any issue. The Bonds now offered are all that remain of the $500,- 000,000 five per cents authorized by Congress, and it Is hardly necessary to say that th with the management of th’ nections In Europe and America which practically in- suro the placing of the entire amount and the redemp- tion of $300,000,000 of Five-twenty Bonds, after which only four and one-half and four per cent Bonds will re- ities declining this last op- the combination entrusted negotiation embraces con- main for holders of Five-t portunity to exchange for five per cents, The Coupon Bonds are in denominations of $50, $100, $500, $1,000, $5,000 and $10,000. The Registered Bonds are in like amounts, with the addition of denominations of $20,000 and $20,000, Interest, payable quarterly, will commence from Ist Febraary, the first interest payment being May 1, 1873. The Bonds may, at the option of the holder, be regis- tered, and United States Treasury checks for interest thereon will be sent from Washington to the Post office address of the holder in any partof America or Europe. Applications will be received at the office of elther of the undersigned and must be accompanied by the re- quired deposit. icon Payment in gold will be made as follows:— Five per cent on application. Five per cent on allotment, Forty per cent on May 1. Fifty per cent on June 1. When preferred the deposit upon application may be made in currency er any United States bonds. Interest at five per cent (gold) per annum will be added from February 1 to the date of the several payments. Payment in Five-twenties will be made by exchanging Bond for Bond, interest being adjusted to February 1. The preliminary deposit of five per cent in such cases willbe returned upom receipt of the Five-twenties, the clase of which must be specified in the application, The Books will be opened simultaneously in Europe and America, om tho 4th i nd remain open until the evening of the 7th inst. and the allotments will be made ‘8 soon as possible thei iter. Provisional Receipts (Scrip) will be given for the Deposits. The Bonds will be furnished at as arty date as practicable against corresponding amounts of Five- tweaty Bonds or payment in full, Should the allotment of Bonds not equal the subscrip- tion the preliminary deposit In each case will be re- turned forthwith to the extent of the excess. When desired we will furnish the coin (without com- mission) and make settlemont im currency, and will also receive, a¢ current market price, any Bonds of United States other than Five-t | JAY COOKE & CO, MORTON, BLISS & CO., EXEL, MORGAN & CO, :| 2 ly at Hard, $525 10r yollow dip and virgin. ‘Tar quiet at $2 90, ese ia if W Oawnen, Feb. Oks. Flour was steady; sales 900 bbls, at $875 for No.1 Suring, $975 for auiber Winter, $10.0 me Oe Lie Winter, $11 for double extra, Wheat scarce and firm. Corn dull; gales im car lots at 60c, Barley rin 5 *- Quinte held a $1 10. Corn meal, $1 30 for bolted, $1.25 for unbolted Milliged unchanged; shorts, $21; sbipstu 23 per ton. “Railroad freighte—Flour to Phil ; to Boston, 72c.; to New York, 62c.; to Al. a ae Tae her wash * Wheat No. 1 Flour was quiet; Western fpr Winter, $5 5) a $925; white Winte steady and in good demand ; sales 5,000 bushel jo. 1 Dux do. tows Spring at 1 50; 780 de. it $1 50; Milwaukee No, 2 Spring tora ‘on wack ‘at Sic. Oats quiet: So. Poledo at dc. feptorn, $60. ; tw o-ro tori, $l a $110; pol aan, On'st 2 Braves fee, a toe; 7 ra, se neets rime 2. Hye malt noiniual ate. rhe balance of ‘market is yoo and in fate demend; soarot' of ratoperine tion checks trade, ites quiet, weak hd low ir; sales t » 1 Spring at $1 28; No, 2 do., $1 e Siiler March; No. do. $id; ie Siren ioe, Hy 8 ef ‘Une! uit and drooping for Nght hiskey #toady. at 87 ier Perky beanie ia four, 15,98 do, ‘Whent, 8.00040, Corn, 1bW0 do, outs wad 4,000 do. EUROPEAN MARKETS, Lonpox Moxey Mannat.—Lonpon, a #234 for money, Be at eg ib. OP, Bovnsn.—Feangrost, Fob, bd. M.—United Applications will also be received by Messrs. FISK & HATCH, CLARKE, DODGE & CO,, Messrs. VERMILYE & CO., FIRST NATIONAL and Mowers, HENRY CLEWS & CO, FOURTH NATIONAL BANES, from whom the forms may be procured. A —MONRY TO LOAN ON BOND AND MORTGAGE in New York, Brook! and New Ji . Principals poly” to ‘BaMURL WOOD, Ji., 108 Broadway, I OR es pe Semaersatie tere eaeheits Banks eae Miscellaneous Securities negotiated. ~A.—MONBY TO LOAN ON NEW YORK AND NEW pore Property, in sums to suit; mortgages cashed ; iarge New Jersey loans w LLAMY HERS, 5% Pine street. OCOMMODATION.—COMMBRCIAL PAPER PRO- i adtinte Rweats et dies gett Kies ntial, Address COUNT, ald ptown Branch office, SALE—A PURCHASE.—MONBY SECURED Mortgage Ly: LFA House and Lot, 38 tn ge ae a Ruareos LiMehAL DISCOUNT, box LU Herald office. AN! Bi INB, ve ak ee ern ss ons Pats, Doub! 16) I active stocks, Parsons with’ capital wilt an sate method of it PL —nthanrenlinnaliamase “yay COOKE, MCULLOCH & Co., Foreign amg. el rg be % Circular Letters sintieTteny for travellers, ermatie in ae Sat COgKE &00., 3) Wall arves FINANOTAL, AS Banking House or JAY COOKE & CO., Qo Wane Sruser, Feb. 7, 187% The Northern Pacific Railroad Company now has is full operation, with regular daily trains, $21 miles of Toad. A distance of nearly 200 miles more is constructed. The Minnesota soction, immediately on Its completion, entered upon 4 satisfactory business, including loca’ traflle and the large carrying (rade of the Northwesters British settlements and the Hudson's Bay Company. Tho recently completed section of sixty-five miles, om the Pacific coast, at once commands a profitable bast ness between Puget Sound and the Columbia River, heretofore done by coastwise steamers, On the opening of Spring, with moro than 600 miles of road in regula operation, the company will control the extensive and productive trade of the Upper Missouri, much of Mom tana and the Northwest. The earnings of the road foe 1873 will be large. hese Arrangements for pushing construction vigorously the Present year are progrossing satistactorily. Of the nearly Ten Million acres of land accruing to the Company in connection with the portion of Road now virtually constructed, some Two Million acres of excellent average quality aro in market, and thelr sale and sottle- ment progressing. The average price thus far realized ts $5 66 per acre—which is at the rate of more than $100,000 Der mile of road tor the whole grant, The Company has already begun the process of redeem- ing and cancelling its First Mortgage Gold Bonds, as they are now being received at 1.10 in payment and exchange for the Company's Lumds. With these accomplished results and most favorable Prospects, the company Is now selling its First Mortg 30 Bonds tor the purpose of completing its line of roads We recommend them as a welt secured and uni Profitable investment. ‘They have the following etemen of strength and satety:—They are. the obligation of @ strong corporation; they are a First Mor road, its right of way, telegraph line, equipments ai franchises, and a first len on its not earnings, In addi tiou to this usually sufficient security there is pledged for e payment of principal and interest a Land Grant of 00 acres per mile of road through the States and 25,600 through the Territories. en and three-tenths per cent gold) 1s equal now to about eight and one-fourth currency. Gold Checks for (he seut- annital Interest on the Registered Bonds are mailed to the Post office address of the owner, All marketable securities are received in exchange om most favorable terms. For sale by Banks and Bankers lly. generally, JAY COOKE & 00, ONEY TO LOAN ON FIRST CLASS NEW YORE Property, without bonus; First and Second Mort- gages, New York and Brookiym, bought and sold. WILLIAM BOGERT, €1 Liberty street, basement ONEY TO LOAN ON BOND AND MORTGAGE ON New York elty, Brooklyn and Now Jersey Property. Apply to WELLS '& SWAIN, National Trust Company Building, 262 Broadw FFICE OF THE ATLANTIC AND GREAT WESTERN Railroad Company, 74 and 76 Wall street, New York, Feb. 6, 1878, ‘A meeting of the stockholders of this company will be held on the 2th instant, at 12 o’clock noon, at this office, for the purpose of considering and acting ‘upon the pro posed leases of the Pithote Valley Railroad and of th Pennsylvania Petroleum Railroad to this company, upon such other matters as may be brought before the meeting. A. HEGEWISH, Assistant Secretary. Groce SPECULATIONS ARE SAFK WITH PUTS and calls. Send or call for circular. Privileges we have negotiated show profits of six to eight per cent LAPSLEY & BAZLEY, Broker, 47 Exchange place. Te. SUMS OF $1,000 EACH AND $50) TO LOAN for three years,’ in, this city or Brooklyn, on First Mortgago, Address box 3,804 Post office, New York. W2 HAVE MONEY FOR PURCHASE OF GOOD city Second Mortgages; also to loan on city aud years. LEAVITT, 54 Wall streot. V ‘ANTED—FOR A M OF YEARS, $10,000, SB. cured by bond and mortgage on fhely improved x ‘Address box 219 Post age on The rats of interest (se Brooklyn Property for thre SAWARD real estate in New York State, oiice, Baltimore. JQ 702 PeR CENT. 7 Investments. Tiinois Registered Bonds, Interest paid by State urer in New York. First Mortgage Railroad Bonds. Gaslight, Bank and City Railroad Stocks and Bonds; also other first class investments tor sale ab the lowest market rates, by ALBERT H. NICKOLAY & 00. 43 Pine street, New Yorks N. B.—Choice investment Stocks and Bonds a specialty with this house for 21 years. 40,000 Tost, FUNDS TO LOAN OR BUY . First Mortgage on City Property. $15,00) tor Leasehold. Some good Second Mortgages for sale. SPENCER C. DOTY, 2 Onion square, $] 50.000 .2, LOAN, OX, BOND AND MORT. JU, gage on Real Estate in this city in sums of $5,000 and, ponies + 4,0 JOHN F. CONREY, 162 Broadway, room 8. See a 200.000 72,t04x Nb BUY Piast AND sio- . ond Mortgages on New York and rooklyn property; money at short notice and for & terms of years. PA L P. TODD, 55 Liberty street. r ¥6 LOAN ON BOND AND MORT- 250.000 faye, ou, city Property. | Apply ATion’ & STEARNS, "No. Tig Pine stteok Become Mortgages wanted. 70 LOAN ON IMPROVED PROP- $750,000 erty in New York, Broeklyn, New rsey and Westchester county: principals only need apply with papers, E, M, MASO 1 Chambers at. TO LO EW YORK, BROOK- Keatat q 0 $4.00.000 lyn and Westchester Real Ketate, in sums to suit; no bonus required; term of years, ©. B. WILLIS, Montauk Insurance Company, 168 Broad way. COPARTNERSHIPS. ER & MEMBER OF THE FIRM OF The business will be contin under the old name. H, DRISLER, Jr. N°Rease FIRM OF DICKINSON & 0O., 176 Broadway, is this day dissolved by mutual consent. JOHN KINSON. The business will in future Becacried ga fahieigong usine! in fature be ci Naw Yous, Feb. 6, 1373, JOuN DICKINSON. BOSTON, HARTFORD AND ERIE, The directors of the Boston, Hartford and Erie Railroad have been in consultation for several daye for the purpose of providing means for preventing the foreclosure of the mortgage bonds whicn will fais fully due during the month of March, The Presiden® paid a visit to Europe to get help from capitaliste there, but was unable to present the enterprise tn @ satisfactory light. The amount in cash required to settle the claims of bondholders 1s about four Million five hundred thousand dollars, which, if called ap from the stockholders, could be raised only by an assessment of nearly twonty per centon the par value of their shares. ‘The road is now in the hands of the trustees for the bondbolders of the Berdell mortgage, who lest possession nearly eighteen months ago in conse- quence of the default in paying the interest on the ponds and who filed the notice of such taking po» session in the offices of the Secretaries of State of the several States, required by the termsof the mortgage. Asonly atew weeks intervene before the expiration of the eighteen months we quote from the mortgage the manner of foreclosure:— And if the said default shall continue for the space of eighteen months after such notice shall be Sled the whole of the mortgaged premises and franchises shall vest absolutely and in fee m the parties of the second part (the bondholders), Without turther assurance and without further rovess of | and all right or ba ted of redemp- ‘ion ot the party of the first part (the stock holde: therein shall be forever barred and foreclosed ; bul uf the whole of the princtpal and interest im arrear, with interest thereon, when the same by law be demanded, and the lawfal claims, disburse~ ments and ltabilities of the said trustees made or incurred as aforesaid on account of their tr shall be paid and satisfied within the said eighteen months after the said notice been filed, either by the said party of the first (which right ne von i eve) or out of earn ol *O] ustes posses sion, then the said parties of the second Fold shalt surrender unto the said parties of the firs’ the said m property, bises estate and all additions made by them thereto, and the said parties of the first part shall thereupon and thereby become revested with the same, as ef their former estate, without further assurance, > By the foregoing clause fromthe mortgage it will be seen that unless the road and its franchisee are redeemed from the possession of the bond- holders by the payment of the bonds, principal and interest, within the eighteen months, whicd have nearly expired, the whole property will veat in the bondholders without further process of law. In reference to the reported suit of the Erie Railway Company to make a prior lien of the five millions of Berdell bonds guaranteed by them, it May be stated that their interest is not coutroll- ing one, as hold, by thetr statement, less than one milti u rity be! id 2 Majority being by parties lnterested the pondnelders ai! final Race of the road and who are niav laverested in the fifteen millions a. We have seen ‘anguarant @ written communication from o trustee of the bondholders, in which ja stated that the trustees have no knowledge of any such suit being brought, and that they nO reason to sappees that apy particular five millions of the bonds has & prefers ence over the remaiuing filteen millions. ALLEGED MURDBRB@S ACQUITTED, Sr. Lovis, Mo., Feb. 6, 1873. Mrs. Schuman and Dr. J. P. Wilder, who were Grreated in Peorta, Ill, on suspicion aliens potsor ‘oung son of Mrs, Schuman, we cited oF ine ‘Cerouer'é a no trace of Rang been found in the bus body,