The New York Herald Newspaper, February 21, 1873, Page 9

FINANCIAL AND COMMERCIAL. ‘Continued Stringency in the Money Market. _ —- et “| Average Bite on Call Loans 3-82 Per Cent. pst STRONG BUT UNSETTLED, ae Vaton Touches 91 3-4 an? New York Central 104. A REACTION AT THE CLOS The Pacific Mail Subsidy Grant To Be In- vestigated by Congress, ‘Decline in Union Pacific Shares and Income Bonds. a SOLD DOWN ANOTHER POINT. Foreign Exchange Loqathe Bank of Eng- \ land Rate Unclanged—Advance ‘ in Tennessee Bonds. WALL STREET, } Trurspay, Feb, 20—6 P. M. n ‘Change to-day cotton on the spot was meglected and nominally unchanged, while futures ‘were quiet and tended somewhat tn buyers’ favor. ‘Flour and wheat remained dull, while corn was in vmoderate demand and about steady. @HE GOVERNMENT GOLD SALE. Tee bids for the government gold filed at the ‘Bab-Treasury were 26 in number, calling for a total ‘ot $8,125,000, at prices ranging from 114 to 114.68. Two bids—one of 114.50 for $1,500,000 and one of 114.40 for $1,500,000—were believed to have been submitted by the pool. The sale was confined to $1,500,000, which amount was awarded at 114.510 114.634. THE FOREIGN MARKET. The London money maiket was reported still easier, with2 per cent as the rate in the open market, against 3%; per cent at the Bank of Eng- Jand, the directors 01 which made no alteration 4n the minimum of their terms for discounts. The bank shows a bullion gain of £273,000 for the weck. Oonsola came firm and United States bonds lower, ‘the '67’s and new fives having declined 4 per cent. Bries were also % lower, at 513%. The new Frencn foan advanced to 61; per cent premium and rentes on Paris to 56.50. SATURDAY A HOLIDAY. Saturday next, the 22d of February, the anniver- sary of Washington's Birthday, is by law a legal holiday, and the banks, Stock Exchange, Gold Board and private banking houses will be closed. Mr. F. D, Tappen, chairman of the Clearing House Committee, has sent the following. notice and Tequest to the several banks composing the Clear- dng House Association :— Smm—You are hereby notified that the Clearing House will be closed on Saturday, the 22d inst, ‘that day Paine. @ legal huliday. PR officers are requested to send in to the r at the usual hour on Friday, the 2ist Pee heir respective statements of waht a for the week. MONEY STRINGENT. The money market was even more stringent to-day, and the greatcr scarcity of funds was re- flected in the higher average of the rate on call. A few renewals were made early in the ferenoon at as low as 1-82, in addition to 7 per cent; ut the lowest quotable rate in new busi- ess on stock collaterals was 1-16, and the bulk of the day’s business was at 8-32. As the afternoon advanced and the time arrived for clos- ing accouuta borrowers became exceedingly anxfous, and in their urgency to get accommoda- tlon to make up balances at bank as high as 4y and Interest was freely paid for a short spell, and a few transactions were reported at AS HIGH AS 3-16 “FLAT,” the last rate being equivalent to about 68% per ‘cent per annum, while, according to the same process of reckoning, the average of the day's business was about 34 per cent perannum. The closing rate was },which continued to be bid to the close of the dealings on the sidewalk. .The Chicago papers reportan easier money market there, un- der further arrivals of money trom the East, and | also look for further ease on account of an active Movement of grain in this direction, Meantime the scarcity here continues to be aggravated by clique manipulation. In this connection the bank statement to-morrow (Friday) will be an interest- tng return, Commercial paper is neglected and nominal. FOREIGN EXCHANGE LOWER. The foreign exchange market was duil, weak and lower, the leading bankers reducing the sight | rate for sterling a further per cent, to 109 while the same grade o/ bills were to be had en the street at 109%, and prime sixty-day bills at 108% @ 108%. The lJollowing shows the new standard of rates:—Sterling, sixty days’ com- mercial, 103% a 10834; do, good to prime bankers’, 108% a 109; do., short sight, 100% a 109%; Paris, sixty days, 5.28'¢ a 5.2734; do., short sight, 6.22% & 5.18%; Prussian thalers, 71a 72; Ant- werp, 5.285, @ 5.23}¢; Switzerland, 5.28% a 5.235; Hamburg, 94% @ 9534; Amsterdam, 40 a 40}4; Frank- fort, 405, a 41; Bremen, 945 a 95%. GOVERNMENTS HEAVY. The government list was dull and heavy, and a #hade lower ,in the gold bearing-issues, outside the | i: new fives, which were nominally firm. ‘The changes were not of importance and prices closed as follows, after & quiet day:— United States currency sixes, 114% a 1147; do. sixes, 1881, registered, 117 a 117%; do. de. 0, toupon, 118% # 1185, ; do. five-twenties, registered, May aod November, 115% a 1154; do. a Coupon, do., 11534. 9 115%; do. do, 1804, do. é0., 115% @ 115%; do. do., 1565, do. do., 11h}, 115%; de. di 114%; dO. do., 1865, coupon, de., 114%; & 1144s; do, do., 1867, do. do., 110%, 116%; do. do., 1568, @o. do., 116% # 116%; do. ten-forties, registered, UY & 111%; do. a coupon, 113% a 113%. THE RAILROAD BONDS. ‘The railroad bonds continued dull, but were | firm. New York Central sixes, of 1883, sold at 941;, and sixcs ef 1887, at 92, Boston, Hart: Chic & Nw inthds..... 7 ie aS cu Chie #8 Wisin ot oe A Beees letetstetet a4 CSSA aad SESE as ee | meeting of the stockholders of the Atlantic and 1867, registered, January and July, 114% — hy COUPON, 114% @ 11434; do. | Aves Of 1881, registered, 113'4 a 1134; do. do. do., | rd and Eries, guaranteed, sold at5s, Union Pacific land grants were steady, but the firsts and incomes declined %.@ 1% per cent. The following were | the bide at the call as amended by prices in sub- extent irregular, ieee o: Délng strong atan ee advance (0. wii tne new Soutit VaroyTes de- Cine? "0 2X, Elsewhere the market was steaay. The following were the closing quotations :—Ten- nessee, EX COUPON, 7934 & 80; do. new, 794, a 80; Virginia, ex coupon, 45 a 52; do. registered stock, Old, 36 @ 42; do. sixes, consolidated bonds, 55% a 5536; do. sixes, deferred scrip, 14% @ 155 Geergia sixes, 75 a 80; do. sevens, 89 a 90; North Carolina, ex eoupon, 32}; @ 88; do. to North Carolina Railroad, 60 a 62; do. funding, 1896, 22 &® 26; do. do., 1868, 20 a 25; do. new, 18 @ 19; do, special tax, 13 a 15; Missouri sixes, 4% @ 95; do. Hannibal and St. Joseph, 91% &@ 92; Louisiana sixes, 45 a 52; do. new, 45 & 52; do. levee 8ixes, 50a 60; do. de. eights, 50 a 65; do. do. eights, 1875, 60 a 70; Alabama fives, 57 a 62; do. eights, 82 a 87; South Carolina sixes, 40 a 50; de. new, Jan- uary and July, 20a 24; do, do., April and October, 25 a 26; Arkansas sixes, funded, 40 a 50, GOLD LOWER—114% a 114%, The gold market was lower, in the absence of support from the clique whose present plans are supposed to favor the encouragement of a “short’’ interest and the depression of the premium to a point which will enable them to recommence ope- rations for arise. Mence they allowed the gev- ermment gold to find its way unobstructed to the market, their bids at the Sub-Treasury having been submitted at prices which were far enough below the current quotation to make the transaction Profitable had the gold gone to them. Under these circumstances the quotation stood all day at 1143, a 114%, until near the close, when the sale of about @ million gold, agajns an equivalent of bterling, depressed the yrlea creas POINT to 114%, the atéring having been loaned to stock brokers on pledge of the nites they ‘wore ¢ car- zying. The Sub-Treasury paid out $85,000 el ac. count of interest and $7,400 0n account of redeomed five-twenties. 12M.. 14% 12:50P. M. 11434 @ 114}¢ In the gold loan market the rates ranged from 7 per cent gold fer carrying to flat for borrowing. Tho operations of the Gold Exchange Bank were 8 follows:— Geld cleares Gold balance: + 1,449,420 Currency balances + 1,808,920 The European steamers toek out $131,540 in silver. STOCKS DULL AND UNSETTLED. The stock market was dull, and business was still confined to the professional dealers and fre- quenters of the street, among whom the earlier sentiment of the day was in favor of higher prices, the result being a general advance in quotations. ‘The chief features were a 1urther rise in Western Union to 91% and an advance in New York Central to 104, the latter looking as ifit had been inspired by the Commodore for the purpose of “twisting’’ the Albany lobby, who had gone “‘short’’ on the in- troduction of the pro raia scheme im the State Legislature. The RISE IN WESTERN UNION finds continued explanation in the prospective early adjournment ef Congress and the indefinite postponement of the agitation for the postal tele- graph system. The sudden advance to-day of 2% per cent evoked conjectures that a “corner” was in contemplation; but as the parties supposed to be “short” express most bullish and roseate views of the future of the stock it is now supposed that their locking up of money has been done in order to get the stock out of the hands of weak holders, preliminary to a grand “Spring rise” in this and other active features of the market. Pacific Mail was the weak spot and dropped to 71 on Washing- ton advices that Congress intends making an in- vestigation of the alleged dishonest means em- ployed to procure THE EXTRA SUBSIDY granted the cempany last Winter. Erie wassteady and almost neglected, its quotation being guided by close sympathy with the London market, The St, Paul stocks and Wabash were quietly strong all day. Ohios and ©., ©. andI.C. were quiet at a narrow range of fluctuations, and Lake Shore ac- tive and strong. In the last half moar of business the market lost its strength quite suddenly and de- clined quite sharply, being led by a@ fall in Union Pacific, which went off one per cent to 33%. Ata + $52,951,000 Great Western Railway to-day the leasing of the Pennsylvania Petroleum, the Pithole Valley and Chenango and Alleghany railroads was duly sanc- tioned. HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest prices of the principal stecks during tue day:— Highest. Lowest, 104 2 oon: ss Central Northwestern preferred.. Rock Isiand. In Phitadelphla Reading was firmer and ad- vanced to 116%, but closed at a reaction to 116, SALES AT THE NEW YORK STOCK EXCHANGE, Thursday, Feb. 20—10:15 A. M. 12000 US 5-20, ¢, 168.83 1154 | $1200 US Gn, G,1o-88 HENS $10000 US O's, cur....., 1474 10 A. M.—Before Call. Jon shs West Un Tel... £9 200 shs Pac MSS Co... 72 500 do. iP) 200 Hares ® + 125g RNY C&A © 102% | 80 « First Board—10:30 A.M. $20000 Tenn Ga.new.be 30 20 shs West Un Tol. ei ', old..be 80 40UU0hio 4 MRR, .D dnédy 2 by) as og 0 “ec See 400 {too ry & Suis 2am! Jou atc bh Foun sts sf bs mermert SR 22 - & W ist, tf 20) Bur, CR & M 1 9 W shs Aim Ex Bank... 5 Bank of Commerce 5 Bk North America, 45 Merchants’ Bunk, f 1 Fe ITS 600 Too oa PR 100 Pac RB. 1007, S8euSeS Pz7 ast eve alas wore ke 25,000 bus Ren at tion n a for if, to ae ez 1 choice ti mabe ee ct ‘scarce there was bu' tine. Rates vere a m ar =/ 0 be ae a Somprise #-To Liv oat Bi boaza bas We and by eal fail, 50 cnaoe yioas at os. To ‘Antwerp, avi tleroee of i om. The cae inel S55} cee ue 2D aye SSE: S a of om aE SooeShgnerecs ens ie 5! 700 qua: Bra to ca {terra 2 + mime tt tt OSE Ss: 2 nve to a port in the 7s rade, sontiaued rien sbotng So } The se slog were rere abon S ree i Fr oe ie Ww Aiwa at Second Board—1 P, M. ih Wrrde: English Talands and 5:00 bois. bt uly A pes. nt 10shs NYC4&HR.bo 103! 5000 Ce 200 do. ‘ 103) Tar continued le erate demand, and tl me note @ mic. ‘of 1001 Dols. of fe today the market for refined foe remainder of rene ae ere page late nee evening, trom 35,000 a but ingluding Maren aud mained nt UB pe jd el il a3 quictand stead quictand 9 March. Large sales’ Se = 5 * nes ‘3 at toch, nthe Pia wae es refined att at io sate ard’ S82 Dolsand uerees but firm at $14 75 for No sales of im- demand continued bbls. sold, ae agen; cut meats, 355 market, tor mess round lots and $l SEESSEEESEEE! x and $234 88, tierces, ms pret Stati but io a $33 tor ‘Western or Texas. Cut meate—Trade in pick! araciiemn mot fair and prices we! We beard of sales of 500 boxes of tierces of Western A, ayerane, ay hi ‘500 pickled tort"Tae Thay het MLAS firm, 10) Beene Tel... Hlorees of don toacrive, at tiers 00 tloroes of NOvLat 6e City was in demand and firm at 8igo. for steam and ket- Sales 20 Werces at that price. y,demand at ful prices Dressed hogs were ne as been moderate at former prices. The sales include about 00 tlerces of C rom 8c. a $e., and 200 bags of Rangoon at 60. a Su@an.—Thore has been some the demand for raw and the market ruled steady. wore reported of 09 hhds, ‘and 845 boxes of mirscovado and centrifugal at 3%o; for the former and 9 9-160. ( int hds. of Demerara in, and $45 boxes of No, 12 clayed nt 96.160, In’ moderately, fair deman changed in price. stock, sales and receipts as liana ee Stock (ascertained by actual count, | tte treks Receipts since Fi eb. es ee faproversent to-day in and not essentially Amann & Co. report the 100 di 1600 Harlem RR. 300 Vac Mall SS Co. 1300 do. RMI TSS c SSeeeeeeers: 3 Totals..... . Sales since Feb. 1 B8tock sn GAY feels 20, 1873. y' 18, ean with stock, Feb- 0, comparite vik stock, Feb. 288 Ae uote male bi intertor'to com! Western Union. fr pri htida and boxes, V0; ds, and boxes. Tico. & aa gHoxen, Dutch stand 8% oe boyd Am Mer Un #x. 63 3 « 15} ihe Vas. Ports: ri th fiat e O oholee ve ¥ ard, Nos'l) to 13, Spe. a Mac. Stzauinx.—We heard of nosales to-day, and prices were quoted nominally as before. T. —Continued in fair demand, with sales reported bs. at 8%c. & 8%c. for fair to good and 9c, for chi city. vas —Receipts, 352 bbis. Tho demand was mod- and the market closed a shade better, gc. a 92c,, closing at the Ligher price. DOMESTIO MARKETS, fava—Dutch stand- WTeclie--waperier and cx- COMMERCIAL REPORT. Cotton Quiet—Receipts at the Ports ir and Wheat Duli— Firm—Provisions Corn Steady—Oats Quict, but Firm—Groceries Generally Quict—Petroleum Quiet—Naval Stores Steady—Whiskey Firmer. Taurspay, Feb, 20—6 P. M. The merchandise markets were emphatically dull to-day, almost without exception. but little manifest inclination te buy beyond the pressing exigencies of the moment, and the little Speculative feeling obtaining was checked by un- On ‘Change and in the street the same story of extreme duincss was current, yet there was very little disposition to force sales; hence there was but little change to note in values. Cotton was very quiet at the Produce Exchange; almost nothing was done in bread- stuits, both four dull, the latter being almost nominal. .The orders for shipment appeared to be confined to about two or three loads, and the limits for these were too low to admit of business, Corn was also dull, but, with a little Eastern and miliing business always under way, itis seldom that transactions are so small. Oats were dull and heavy. shade firmer. less satisfactory, and steady; good ordinary. alee, Raporisetto tho Coudnent Sal; conse: ‘Sales 1400. "Stuck, 72,008, New Orimans, Feb. 20, 1873. Cotton in moderate demand ; Rod ordinary, 17%e. ; 1 barre Ss, 1994 N Tbs iast ‘eve Cotton quiet and. stendy jg S Grte Soberwine, eager 18% By ood ordinary, IThe.; low Bales, $35, Stock, Savanwast, Fob. 20, 1873. migclings . Wie. Net receipts, 1,688 salen cir Sinai wonted caution. Cotton very dull; bales, Exports coustwise, 1,4 Flour steady and unchanged ; an wb this A; fy 15 9 75 tor amber: Winter, $10 50 for white heat firm: sales 2 cars “aull pu Megs red 5 gees x ry a, $1.90 for bolted, 8! it Militeed, unchanged; shorts, guns $23 per ton, for No. Lspring, Winter, sit! for and = wheat ‘$21 Ratirond Treighte Flow 0, to Boston, 72.; to New York, eae. gore Lk 20, 1873. Flour quiet; Western 9 25; white, a! 5) a $ 4 a 655, ‘Chicano No. Whiskey closed a The movement in provisions was though the market remained both pork and 00 ‘do Western, om tacks at Western, In store, at 42340, Jy: sales L000 bushels, Western, on track, at $1; No.2 Western, 9c. Me: lour-rowed. State, n $1 14; prime Canada, Balance unchanged. onrcaao, Feb. 20, 1873, uiet and unchanged. Wheat stead special Rouse at $1 11 No. 3 do., nj 912474, seller and Pate pied ‘tal ada, two-rowed State, Nominal at Be. Winter Western, $110 a Rye malt held at $1. and a fresh to the available carrying capacity in port is a pre- requisite of afresh impetus to the export move- Groceries were quict with the exception of sugar, which sold toa fair extent at former prices. Pe- y, but a Jarge business was re- pope to have been done last evening at full current Naval stores were quiet, but steady. ‘The market for, cotton on the spot was quiet | at yesterday's prices, were quiet without decided change, | trolum was quiet to- i ‘gee and tinea et | pth | Pork higher ball oe Ly x 32 ny Sites Mar $13 15, seller April. Lard ay. at $7 55 ag? GFeon hams scare erage at SxS) jounds average, 6%e. tor short rib middl and firm; sales of 16 pounds pickle sold at 9e. for 19 ounds average, Whiskey dull nd unchanged at ‘000° bbis. Boers, $2,000 but ot hd 6, 000 Go. oats, ‘Yo j middling) tite sales have ales ne evening aD three oO He been as follows ieee 1,000 at 2) 6 fe 2,00 do. corn, nd ments—7,0 el Hour, 6,0 Nbusivels whea 4,000 do. oats and 9,000 do. barley. HAVANA EXCHANGE, iM Ay nee each May and June at2iige. forethe Suly, 100 at elie. | paid’ to. exchan, upto three ¥. 00 200 bal iW Febtuary ior ‘Apri |.—Febrnary, 600 j,Apeil, 700 at’ ay Say, : iy ort sight, uirreniey . ays). gold, 26 pretium: Yaa 284 tirewlui, on’ London, 4 frist 2a premium, EUROPEAN Mal MARKETS, Loxpox Moway Manket.—Loxpox, Feb. 20—5.30 P. M.— United States fi e-twenty iiway shares, St opened at 92i¢ for money and dehy ato United Staces five-tweaty bonds, 1860's, oid, 983g; tea ‘Bocnse.—Paus, Feb. 20—P. M.— aap to ed wol, bY tea 1, jollyires —G ‘aivesto 5 i ? ‘charleston, 913, ;| New Consols closed unchanged. Rentes closed at roe FaaNkront Bovrse.—Pravevory, Pob. 2—A, ¥ —United i tes fivetwenty bonds 0; A | qi store running in trae’ eoymere than half a grade above er below the ted to-<lay from first | usiness ho fair and the dat 96% for the issue of RPOOL COTTON MAR he market closed steady: 10d The wilee. ‘OF ing 100 ales, including 1.a0 for speculation bales were American, Sales of ar y Savanah Se Oharleoen Tanuary ou Fok: nace buy the digutbuttng e READSTUPYS MARKET.—LivERPOOL, Feb. 2— jarket for breadstul’s i: gue jet. POOL aye ging Market. <L | egumyre: lec" ee he it rok in’ i | 4} \o—Roer, 4,659 bbis.; wheat, ; Corn Ineal, 2,888 bbls 1 0. Livearoot PRonvee. Magker Eveuing.—Common rosin, 9. a1. per PernoLecm Market. —ANtWwRur, 46t, for fine pale American, IYEAPOOt Feb. 2 ven. “ta. —Pe troleum, aga; oats, market remain fT Ia were only ‘about @ range of the appende: | quotations, Corn gieal continued quiet for both bbls, and however, remained nominally the INANCIAL, 4 TLANTIC SAVINGS BANK, cHariy AM 8QU. ARE Money Aaposived on or betore March 1 draws interest This pabk has & guarantee fund of $193,722 25 peing 0 surplus equal to nine per cent above gis ©. D, Baier, Treas, 4,700 bbls, at prices wi dity sucked; price can We quote y Sitberane State! Supertine Western Extra Western SVSExss B. ae MORT ores of choice land on —47,000 WANTED, FOR ON m6 ilroad, New Jersey. S Sanaa ee Deeper seres ae Louis iow oxtra i st Louts choice doable extra St. Louis cheice family. Toad fw bo 4 c wie ch, s ‘REBT. Money Sows SPSSsressERSsess 2. bought and sold. Coney Soutpeen supertine z Southernextra tees ™ pay, Southern family... n ‘ooklyn and Kew Jersey. Corn teal, der. o Bs | Coru meal, Br eurerse Ho! seaeeseskeseeses geeeses ecusers> « 5 + ODOO SA OEM LEXR. LAUDERDALE. ‘DUNCAY 18 AUTHORIZED yee (BHERMAN & 00, USINESS bas Barre: FACILITIES FOR DIS. asi Scan Earth Gx tea reer screened, 660. 660. ae He ressing DISCOUNT, Herald Uptown Branch office. wever, al See ees and ‘S8c. a 53} jure cooKE, jaf gent #008 Credite, "Soin — sete ‘able Transfers. # Grower Tae kien the vais all par AY Codi i APSLEY & BAZLEY, BB BROKERS, @f EXCHANGE PLACE.—STOCK AND GOLD’ PRIVILEGES; al NAMES, EXPLANATORY CIRCULARS, WITH REF. ERENCES, MAILED TO ANY ADDRESS. OANS NEGOTIATED ON RAILROAD SECURITIES and other approved collaterals. JOHN B. MURRAY, 93 Broadway. Qrrcs ERIE RAILWAY COMPANY. New You«, Feb. 11,1873. DIVIDEND. —Tho directors of this company Rave de- glared a dividend fromm the’ extnings of the road tor the six months endin ue pecember ‘altimo, st jure and ouechalt per ‘cont Sa the preferred stock, and also a divi- dend of one and iome-qeanter per gent a the esomrnce wose from the earnings of the road for twelve nthe: Marsh ‘Becombar dt, te, bo anes ep itn day at 4 avenue, @ ‘registered ‘holders of stock ak the 2 losing oF tne ‘he Treneter 3 ks for both preferred and common stock will be ol at the close of business on britany the int day of Mai teat Port and, remain closed until ety Ch; a I eh ot March. (PSE ANNUAL REPORT OF THE NEW YORK CEN. ‘and Hudson River Railroad Company for the rasan with September, 137% with comparisons of je and farmings for ten years, ra, fs published this morn- ing in way), which had algo valuable ‘artistes on “tho Narrow Guage Contra: table of railroad sernings & for TROMBES vl nerreceiD i, per mile as well as in gross, several pa ss fully edited railroad news and Samnerous con- ‘il tutions from rallroad men on vari subjects. E HAVE SEVERAL SUMS 10 LOAN ON CITY Property, in amounts to suit, from $2,000 to $20,0)), for three years ano about $40,000 to a ood Nec- ond Mortgages with, SAWARD & LE Wan st. peabatet 000, ON THREE MONTHS’ 54a fared ing ; paitice worth at least $l 3 libs oral di ant Address M. W., box 176 Herald off ANTEDION BOND AND MORTGAGE, THE sum f $40,000 on choice desirable lots, Principals only will be. treated with by JOSIAH JEX, 18 Bast Fortioth st, TO 2 PER eae INVESTMENTS. inots pexisteren Bonds. Interest, tp wy, ieee Uprerey int ew York. Insurance, ‘Gaatigh Bank ‘and ani City Railroad Btocks and Bonds; also ot] ae first classsinvestments tor sale at the lowest market rates by ALBERT H. NIOOLAY & CO., “lock Brewers and Auctioncors, Pine street, New York. B.—Ohoice investment.—Stocks and Bonds a otal with this house for 21 years. Government and other me table Securities received im exchange at best rice. vei 20 FER, CENT COMMISSION WILL BE PAID BY 4 three years In business for the use of a four Srontnh discountabie nove of $1,000, or less. Address ‘Si CURITY, Herald office, for six days. BT OOO, Frat: $9.00), $8,000 TO LOAN ON jortgage in’ Westchester county or New ‘ork, or will purchase mortgages. DITCHETT'S West- chester Land Ottice, No. 2New Chambers street. F000) =SECOND, MORTGAGE FOR SALE, ON a. apbroperty worth double the amount of both Mortgages; liberal discount allowed. Principals please callon A. 0, LOOMIS, 1,254 Broadway. $4.0.000 70,8309, WANTED ON FIRST CLASS city, yyhropert rty worth $120,000. Principals only can address OWNER, box 19 Uptown Advertisement office, bits West Twenty-third stre 225.000 79. HOAN-ON REAL, ESTATE IN ede this city, in gums of $5,000. at ip: Wardat Second Mortgages hegoliated.” Apply to JO! F. CONREY, 162 | Broadway, room 8. « TO LOAN—ON BOND AND MORT $: 350.000 gage, in New York city, Brooklyn and lew Jersey ; improved property, 3 contonmeteeg AI PNational Trust Company Building. TO LOAN ON NEW YORK, BROOK. $4.00. OOO iyn tnd Weetcnestor Real Estate, to sums to suit; no bonus required; term of voars. 0.’ B, WILLIS, Montauk insurance Sompany, 168 Broadway. 150. 00: TO LOAN—ON IMPROVED PROP- 9) erty in New York, Brooklyn, New Jer- soy pend Weatchester county. Prinelpals only need Lapoly, th papers. E. M et. OPA REN RS! ARTNERSHUIP DISSOLVED. PAI herctofore existing under the firm of Jess & Go, is this day dissolved. JULIUS JESS, Feoruaey 17, 1873. A. C, TONNER THE “CORNER” IN WESTERN UNION. Willlam Orton, Horace F. Clark and Rufus Hatch Intervicwed—Mr. Hatch Thinks Commodore Vanderbilt Cone trols the Company. A HeRaup reporter called on Messrs. William Orton, Horace F, Clark and Rufus Hatch yesterday in reference to the alleged “corner” in Western Union. Mr. Clark received the reporter very po- litely, but assured him that he knew nothing about “the corner,” as he had just returned after four weeks’ absence in Washington. “You ought to be- lieve what a gentleman says,’’ he said, with his good-natured vehemence, “and I tell you I know nothing about it.” Mr. Orton said he would be happy to give any information in his possession to the HERALD, but deelared that he had not heard of any corner, and if there was One he did not know it. “Youhave brougit me the first information that there was such a thing as a corner,” he told the reporter. “I’m not interested in ; to | any corner In any way, snape or manner. 1 am glad to see people appreciate the value of Western Union stock, I have been working hard for the last seven years to make It valuable, and it 18, of course, gratitying to me to see that my labors have been attended with success,”’ Mr. Rufus Hatch said, in answer to the ques- tions of the reporter:—‘I don’t think there is any corner or any intention of acorner, I believe the stock, in its intrinsic value, is worth all it is sell- ing for, and a good deal more. The Western Union is the only corporation the securities in which are dealt in at the Stock Exchange that is decreasing its stock and debt and increasing fts business and property. The company have bought and paid for, at prices ranging Irom 40 to 60, some eleven millions of their own stock. Their debt to-day does not exceed one and a half million dollars. In hh; | @ conversation which I had with Mr. James Banker he stated to me that the com- pany had spent during the last six years on an average $1,400,000 per annum, or $8,200,000 of the money belonging to the stockholders, { in ex- sis met | tending their lines and increasing their property. @, cash or | If you take the amount of money paid in cancelling | | | their stock and the money paid in extending their | lines you have a total of $15,000,000 which belongs | to the stockholders, “My impressions are that Commodore Vanderbilt o* | and ‘@ few gentlemen associated with him own | more than two-thirds of the entire gros# capital, and that some day within the next aix months this stock will sell very much higher—twenty to | one hundred per cent—than {t does now. My im- | pression is that he owns stock enough to control | the eer This is the only stock I am an owner | of or that I bel! | ern Union ts at present & speciattsy in three or four pan) and the Commodore is at the back of them. rds the ‘corner,’ [ can only say that if the some patil that there is | enongh go round, It is reported that Jay ‘oud ‘i short of Western Union; but he maybe | 9 REAL ESTATE MATTERS, Heavy Operation at the Exchange. An immense crowd congregated yesterday at the Exchange, being drawn thither by the announce- ment of the vamabls property to be sold by the va- rious auctioneers, which amounted to nearly three hundred thousand dollars. The particulars will be found below. Since the agitation of rapid transit property in Westchester bas received @ great impetus, and to consequence the values have appreciated greatly: Ex-Commodore Levy's heirs have for a long time carried on @ prosecution ‘to. obtain possession ot the celebrated Jefferson estate, known as ‘‘Mon- ticello.” Alter considerable litigation they have t last canes their mghts, e Vir, Su. preme itt of Appeals decided last month the title to Monticello, the home of Jefferson, to vest ia the heirs of Commodore Levy. The case was in poletcn to the will of Contmodore Levy, and the ise of Monticello to the State, for the the ome of ioe an aerioaliars) seh con- struction e will haa been passed apon og Supreme dourt ‘of New York, and it was there de, cided that the property, consisting real end per- sonal estate ‘irginia, witch was devi for the bik ager tin of Ce! conven on topsrey I, beg at pour pave e law of vy Pin comet decision the Supreme ourt of Vi ciaes thet thor invalid of Joa ment of fe oe arts nes adjudicala, The low is affirmed, aud “Monti " goes to Levy's heirs. The following sales were held yesterday at the’ Real Estate peace _ yoo | bee iD 60. 55> hand broadway, n. fieraad fhreash’ to'Hrankiia. place, ‘Datween White Franklin ats,, lot 24.40x15), H. A. Hills and J. A. Blaby $131,208 33: aud is.” 79, 74 aud’ 76 Suilivan st., ‘6, of Sting, lots together 64.10x77.6x61.11"76. Fox & Co:35,208 8. b. sh. and loase |. 34 West lath st, ». s., betwee ‘Sth'and ott NAYS. ‘Spingler lease, first term expires Mar «fae Tent $300 per annem, lot 26" 10: ny Peleeery ‘above, lot 2 510 ac! 4c Dac and Lo Day at) nu aide, 6. of Wasbiagion st, lot 25x55. G. elsh. . bo and f, b. and }. 185 Mott 25x100. Kuen pee a if hb. and L No, Ba Wa “Sth st. Raia w- of 7th aw bY . 1 338, b. hs. and lease ofl. known rey x 375 Canal st. and 243 and 245 8. Sth av., n. rent $4,000 abe annum, lot 23x80. Michael Sullivan, . 5 bs, ae and lease of lot known as 63 Grand st. rent $2,500, lot 20x60. th av. & eC R vig Terhune MUNICIPAL AFFAIRS. BOARD OF ALDERMEN. An Inquiry into One of Tweed’s Jobs= The Jefferson Market Police Court Rum Shop—A Facetious Report from the Market Committee. The Board of Aldermen held their weckly meep ing yesterday, President Vance tn the chair. The following business was transacted, but, as there was not a sufficient number of members, general orders were not proceeded with, CIVIL AND POLICE COURT AT ONE HUNDRED ANB TWENTY: NINTH STREET, Alderman BILLinGs submitted the following reso lution, which was passed :— pitt the Counsel to the Corporation be fi hereby te Instructed to furnish to ant ont his opinion as to the walaty of the lease or le the building. ) preseat occupied by the Firth District Civil’ Court and Ninth Dim trict Police Courtat the corner of Fourth avenue and 129th street. THE MARKET COMMITTEE AS PUNSTERS AND MOR ALISTS. The Committee on Markets presented the follow: ing report :— That they have personally visited and cxamined the premises loased by the olty axe “rum shop,’ under the etferson Market Police Court, and find that itisanex- ‘appointed barroom and liquor aloo! tensive and w with the main entrance thereto entreatingly open to al persons having busliess at the aald Court, as it is not pow. sible to obtain access to the court room trom the street Without passing in front of the entrance (9 the barroom, Which opens into the main entrance of the court! es Your committee, in the course of their examina discovered that three windows in th or connect directly with a amall Trokiyard of of tl attached to the Comy and that, if desired, liquor’ or ed ge oneuined therein, aed © in ithe most positive terms b roprietor, that never in his recoll ra Preerrerora is “bar to the “bar” of the Count, eh fa with intoxication, and although two tbat lice oMcers, detatied for duty st tue pri ented whoa emphatically that liquor was over passed through the Seta SS ines the yard for emy porsok esudined aa yet your committee regard the contingency suggested le nor wulikely to, oacur runder ot ui reumstances ey aul at the Importunities berag ms committed for ten days for intoxication to be supplie tied with ‘compound, the excessive use of which fod thelr incarceration, are generally very piteo von persistent, and in consequence Peaisted” To too many, unfortunately, in most casos the distance from the bar ofa barroom to the bar of @ court room Al best but short: inthis instance however, and entire throw ‘h tho instrumentality of the elty, the d distance juced that it is but a few steps, and enabl pertons, explating their offences against the publia Inorals for becoming intoxicated to be supplied with tha micansof repeating the offence through an open wiudow. Tho eonnection tween dispensing. “villanous ounda"’ down sta: and ee to villains up stairs is so close that uncharitablo re might a tribute to the city an interest in. bo Your committee are disposed to fame the statements of the proprictor of ths saloue nad policemen detailed for duty at the Court, but the: Mit that the location of a barroom in close pro: fi court o laprope (apart ta ap to liquor to roper persons do art tho diy of Justice up stairs), in a bul ig pe er im prol owned by ‘the corpor: does violence to fa mort conve of q ‘) community ‘and should, if possible, be ato; without dela: The premises in question, known as Nos. 12 and 16 Greenwich avenue, were leased by order of the Comm sloners of the Sinking Fund, Inst year, to the highest bi der, at an annual rental of it ® had from the 3d day of May eat SJotore “tt present lease expire: Your committee believe that immediate steps should be taken to cancel the said lease, and that the said premi in question aioe stores) should be let for some other and more reputable purposes. Should it be found, how- ever, that the) ey can Voll ry hdag ed then your committee recommend that théy be id. ‘The present lessee proposes to surrender his lease to the city upon payment to him of the sum of $3.10. beiter arrangement can i the Comptroller your committee are vory Mfechdodiy” in favor of recom= Mending that his terms they belleve further, that in view of all the acts the case, they wil be upheld in their action by pablic Rane ‘The impropriety of the elty lensing any portion of it property for barroom purposes isso apparent that al good citizens will condemn such a violation of public Sentiment, and more particularly when located in @ building In other portions of which justice is adminis- tered and criminals are sentenced In most ca: cotint of offences committed through excessl gence in intoxicating drinks. The committee, therefore, submit the following resola~ tion:—"That the’ Comptroller be and he Is hereby res quosted to arrange with the lessee of the promises Nos. IR and M4 Greenwich avenue to surrender his lease to the city upon the best terms the said Comptroller may be ble to make, but in ao case to exceed JOH BB A. MORRIS, PRTER KEAR, PATRIOK LYSAGHT. The resolution was unanimously adopted. MAYOR HAVEMEYER ON CITY RAILROADS, A communication was read from His Honor the Mayor in reference to the numerous bills before the Legislature as to city railroads, and suggesting that the Board of Aldermen should consider am ordinance requiring that all bills, previous to bein; submitted to the Legislature, should be considere: by the Board. a adjourned to Thursday next, at three @’ciock, BOARD OF ASSISTANT ALDERMEN, ieve in at the present prices. West- | culators. sell enough shert they may find not | This Board met yesterd: A resolution of the Boara of Aldermen, appornt- | ing a joint committee of three to investigate the right of parties to un: the sidewalks for market stands, Was concurred The Board then adopted a resolutton providing for removing public lamps from private buildings. A resolution requesting the Legislature not to | short in one office and long in another. He is grant city railroad franchises, except on condition | pretty likely to take care of himself under any cir- | that the companies pay into the-sinking fund five cumstances. | “]t is reported that the tasority of the officers of | resent bull move- | the company are epposed to | ment, In the end it will make no difference, for those who Ls ed it will have to take @ oack seat. | [believe that the property is worth from 120 to 150, and that the Vag wili eventually buy | | it ona basis which the company can earn six cent on, If the company @arn $9,000,000 net it p, | Would ve Hv oo e present receip' ve | \ | are about $9,000, and the present net Rene | ought to be at least $4,600,008 At the tate oF sx per cent this would make the amount which the | government Ought to pay $75,000,000. In Europe Oil the governments have purchased the telegraph lines, and I think it will ben done here in a year or | two, As regards the movement tn Western Union | think tf it falls off a little it is a good purchase, ear at the present price; if you bold it per- | | haps it will not go down at al! | BOSTON. HARTFORD AND ERIE. | | | A Boston correspondent sends the following tn- | teresting explanation of the recent activity in Boston, Hartiord and Erte share: ~ bape oy hed to hus torming @ connecting link with Europe by jhortest possibie route. | A new charter has just been granted by oan | Maine Legisiature for a shore une from Portlan | connect with Knox and Lincoln, Bay and River | and Calais and St. John, which is to shorten the | distance about one hund pe benefit not only the West, but also New Yor! | to Halifax, N. S., aa stated on vet ie bat that Corn. modore Vanderbilt in con of thia newly granted roam, i arikect AB icoty the os- ton, and Erie, and thua succeed AGH, te taining the Erio alway ompray” trav Boston net, Dut establlabing his tl Foods on & sul Uriger conmection basta. "“* See? | float or boat Landing at t | easterly and eb Lag R sides of Harlem Bridge. The | report was meferreé back. id to have taken \ red and eighty mules, re | r cent of their gross receipts, was referred, | Board then adjourned. DEPARTMENT OF DOCKS. The Commisstoners of Docks held thelr reguiar- weekly meeting yesterday, Mr. Commissioner Ag- new presiding and a full Board present. The Executive Committee reported in favor of permitting the New York, Oswego and Midland Railroad Company to erect a shed om the outerend of pler 33 North Biver: to drive piles and cca a eee over the slip between pliers 23 and form, to be used for freighting business Sty. &c., on certain conaitions. Adopted. The com- | mittee also reported on the petition of Th. A. Kerker, for a leauge of the entire front on the norte side of Harlem Bridge, and te have the float now there removed. The committee recommended that. bids be invited for the lyme maintaining a ue foot of the stairs on thes THR AUDITING COMMITTER | Teported tlre receipts and disbursements for Jane ary, showing the balance in 7 as of the Tread: | Urer on the ‘ist ult. to be $1,538 Mr. Woop explained that ‘there “were $500,000 ! B e hands of the Comptroller, of Shek on! $67,362 54,had been paid by him for pay rol and tucke war tndrotore® wut ie te Boni $435,18 46, inde; agen’ of the, balance, § 91,6007 B. ands ef the Treasurer. The Board aogy, rds went into executive session, ONE MORE MISSING =; Mr. Adam Ott, @ fresco painter by profe/ssion, re siding at 280 Raat Fourth stroet, has boon miaung friends. He waa ast then t taowtey morning at nine/o’clogk. ie eared that there shore Ys foul foul play 1a