The New York Herald Newspaper, February 22, 1873, Page 9

ra FINANCIAL AND COMMERCIAL. Remarkable Relaxation in the Money Market. The Rate on Call Declines to Three Per Cent. PEEPS ANOTHER “BAD” BANK STATEMENT. The Beserve Nearly Two Millions Below the Required Legal Limit, The Deficiency Confined to the State Banks. CONTINUED HEAVY IMPORTS Gold Steady and the Specu- lation Quiet. Advance in Wabash, Erie and Union Pa- ' elfic, and a Decline in Lake Shore and Paelfic Mail. Completion of the Canada Southern Railroad— Earnings of the Erie Railway—A Further Advance in’ Tennessees and a Re- eovery in South Carolinas. ine Mf Fray, Feb 21—6 P. M. ‘on ‘Change to-Gay cotton was dull for lots on the ‘spot, but in moderate demand for future at slightly better prices! Flour and wheat remained dull and nearly nominal, while corn was quiet and easy. THE DRY GOODS IMPORTS, The totai imports of foreign dry goods at the port of New York for the week ending February 20, 1873, were of the specie value of $5,281,755. The amount marketed during the same period was $4,785,626, THE FOREIGN MARKET. The London money market continues extremely easy, and further advices to-day state that the open street rate 1s about 134 per cent in loans upon pledge of government securities. Our bonds re- fect the fact in an advance of +4 a % per cent, the 7617's and the ten-forttes having each improved % per cent, while consols were reported frm and Steady. Erie shares were strong at an advance of about one per cent to 52% 852%. The new French loan was quoted at a premium of 6a 6% per cent, Snd-rentes in Paris were buoyant at 56.55. The Bank of France shows a nominal decrease of 50,000f, 4a the bullion account for the past week. ‘ MONEY BASIER ‘The money market was easier, as usual on the tve of & holiday, particularly as m this case bor- Towers were solicitous to place their funds for the three days to Monday next. The first loans were ‘et T/per cent per annum anda commisston of 1-16 Ontil Menday—the rate being equivalent to about 4354 per cent per annum, As the day advanced the pfferings became more abundant, and by three D’clock Joans had been. maue at as low as Sper cent, the rate at a quarter to three o’clock having be- ‘come purely nominal. Commercial paper was neg- lected. and rates were nominal, the quotations ranging from 8 to 12 per cent discount for prime names. Foreign exchange was steadier under the asualcurrent demand for Saturday’s mail, on the basis of 108% for prime bankers’ sixty-day sterling and 109% for sight bills, although the nominal rates were 109 and 109%, respectively. . THE BANK STATEMENT. ‘The bank statement is again very unfavorable, and the line of reserve has fallen about half a mil- lion dollars more below the legal limit; but as the deficit is Jargely confined to the State banks, which are mot required to comply with the national bank regulations, the matter seems incapable of remedy by the Comptroller of the Currency, however much It may reflect upon the management and standing of the banks in the estimation of the public. An effort has been made to bring the statement back to--a nominal aspect by 8 sharp contrac- tion in loans, which have been reduced nearly five miliions, but ineffectually, doubtless because of THE LOCKING UP of.greenbacks by the cliques of the Stock Ex- change. The falling off in deposits ts nearly nine millions. A decrease of nearly a million and a half in specie was anticipated from the nature of the Treasury receipts and disbursements of coin during the week. It is fair to infer, however, that the statement is made on rising averages, particu- darly as the flow of money to the West has greatly moderated, and that the banks are really stronger than they appear in the statement, which contrasts ‘with its predecessors of last week as follows:— Feb. 15. —The changes being in ‘detail as follows Decrease in loans. Decrease in specie. Increase in circulat 33,300 714,700 1,317,100 AN ANALYSIS of the above shows that the banks now hold $1,859,850 less than the amount of reserve which they should have om hand under the law of Con- gress—a further decrease for tle week of $560,850. This result is seen in the following detailed calcu- lation, showing the relation between the total re- serve and the total Iiabilities this week and last:— Feb. 15. Feh, 21. Changes, Specic,....... $16,461,000 $15,040,960 Dec. $1,414,100 Legal tenders. 42,778,300 41,461,200 Dec. 1,317,100 ‘Tot. reserve $59,239,300 $56,505,100 Dec. $2,731,200 83,300 Bo sie ae + 27,639,800 27,578,100 Inc, Deposits. .:.. 214,613,400 205,808,700 Dec, 8,714,700 Tot. lia bilities$242,153,200 $233,471,800 Dec. $6,681,400 25 per cent,. 60,588,300 68,367,950 Dec. 2,170,850 Delictency... 1,299,000 1,859,850 Dec, — 560,850 TRE CITY BANK STOCKS. ‘The following were the bids for the city bank shares:—New York, 132; Manhattan, 158; Mer- chants’, 11634; Mechanics’,135 ; Union, 138; America, 150; Phenix, 108; Mechanics and Traders’, 125; Gallatin National, 121; Merehanta’ Exchange, 90%; Leather Manulacturers’, 175; State of New York, 111; Commerce, 11654; American Exchange, 112%; Bank of the Republic, 111; Hanover, 103; Irving, 122; Metropolitan, 134; Grocers’, 100; East River, 112; Market, 123; Shoe and Leather, 148; Corn Ex- change, 126; Continental, 80; Marine, 165; Com. monweaith, 83; Importers and Traders’, 170; Park, 149; Manufacturers and Merchants’, 100%; Fourth National, 1114; Ninth National, 105%; Bankers and Brokers’ Association, 60; German-American, 102, ‘TRE RAILROAD BONDS. In the ratiroad bonds the Union Pacific land grants were steady. The firsts and incomes opened weak and declined, but rallied about x later in the day. Boston, Hartford and Erle firsts eclined to 41. Morris and Essex firsts sold at 105, Central Pacifics were strong. The genera) market was dull. The following were the bids at the call as amended by prices in subsequent deal- ings :— Jew York Cen New York Cen Han & StJo convert... 93! Det Lack & W Ist m...100 ps Del, Lack s wrested m. oT Lack & W 7's con. NEW Pitts, Ft W & Chic Ist. ..104 Pitis, FW & Chic zd m. 98) fehven Se iene RTO Pit kW. Chie ddan. ® Chic, bur & & b's, Ist m. Clev & Pius 2d m. 0M} ae ich’ So 7p ¢ 2d m, Clev & Piitsdd m.. icy Tol st.. ue F Chic & Alt letm,. Chic & Altincome Ohio & Mus con 3 Ohio & Mis con Obio & Miss 2d m, SiLouis & lion Milé: 4 Tot us, M&5t Pam Ist, M4&StP lst m, M&sStP id nm, Col, Chic & Inu mion Col, Chie & ind Uiinois Cen 7) er ct, Tol, P & W, W D. Bellv'ie MT mo Tol, P 4 W. Bi t & Ter ol, Peo & Ait & Te To PAW Chie & NYA&N Hols... Chie & Rost, H & Erie ist m ie & Ced Falls & M Han é The Southern State bonds sympathized witn the general tenor of the market at the Stock Exchange, and were firmer, but without 1m.uch Increase in the amount of business, ‘ic new South Carolinas Were 3g@1 per cent belict, and old Tennessees sold at 80%, The following were tne closing quota- tions, inclusive of latest prices tor the leading Southern railroad and municipal bonds:—Ten- nessee, ex coupon, 80% a 51; do., new, 80% & 81; Virginia, ex coupon, 45 a 50; do., registered stock, old, 36 @ 42; do, sixes, consolidated bonds, 5546 a 66; do, sixes, deferred scrip, 14% @ 16; Georgia sixes, 75 a 80; do. sevens, 89 a 90; North Carolina, ex coupon, 82 a 34; do., to North Carolina Railroad, 60 a 61; do., funding, 1866, 22 a 27; do. do,, 1868, 21 a 25; do., new, 18 a 20; do., special tax, 14016; Missouri sixes, 943; a 94%; do., Han- nibal and St. Joseph, 92 a 9234; Louisiana sixes, 50 53; do., new, 45 & 50; do., levee sixes, 50 a 55; do. do., eights, 60 a 65; do. do., eights, 1875, 60 a 70; Alabama fives, 57862; do. eights, 82a 87; South Carolina sixes, 30 a 40; do., new, January and July, 21\4 # 22; do., do., April and October, 23 a 25; Ar- kansas sixes, funded, 40 a 50; Mobile and Ohio Rail- Toad, sterling, 91893; do., interest eights, 87 a 90; Mississippi Central Railroad first mortgage sevens, 83 a 35; do, second mortgage cights, 80 a 83; New Orleans and Jackson first mortgage, 90 a 92; do. second mortgage, 82 a 89; Memphis and Charleston Rallroad first mortgage, ‘85.8 $8} do, second mort- gage, 80 9 82; Greenvilie and Columbia Railroad, guaranteed by South Carolina, 55 a 60; Macon and Brunswick Railroad, guaranteed by Georgia, 65 a 67; Memphis city sixea, 58 a 60; Savannah city sev- ens, 83 a 65; New Orleans sevens, 60 a 65. BRIE RAILWAY EARNINGS. The following is the latest official retarn of es- timated weekly earnings of the Erie Railway, com- mencing November 1, 1872:— 1872, 1873, Seven Day Days, For week ending Feb. 15. $377,: $410,631 Previously reported.... 4,556,495 4,716,662 Total earnings since Nov. 1.$4,933,928 | $5,127,208 Increase for week. $33,198 Increase for three date....... + 198,365 GOLD STBADY—114% A 114%. Gold was steady at an average of 1143, but sold at 114%; and closed at 114%. The designs of the clique in seeking a temporary decline are favored by the extraordinary ease in the London money market, but the steadiness to-day was due to pur- chases of gold tn connection with the remittances of bills to Europe, and also to the continued heavy importations of foreign goods. The course of the market is shown tn the table :— 2:20 P. M. 2:30 P, M. In the gold joan market the rates ranged from 7 per cent, gold, for carrying to flat for borrowing. The operations of the Gold Exchange Bank were as follows :— Gold cleared... $78,967,000 Gold balances. 5 Currency balances. 2,295,816 ‘The Sub-Treasury paid out $120,000 on account of interest and $5,000 on account of redeemed five- twenties, GOVERNMENTS FIRM. The government list opened lower in the five- twenties, in sympathy with the recent decline in gold, but eventually rallied and closed firm at an improvement, although gold left off at 114%. This latter inconsistency was further exemplified in the weakness of the currency sixes, which were lower despite the decline in gold. The following were the closing quotations:—United States cur- rency sixes, 11434 a 114%; do. do., 1881, registered, 117 @ 117%; do. do. do., coupon, 138% & 118345 do. five-twenties, registered, May and November, 11544 @ 115%; do. do., 1862, coupon, do., 115% a@ 115%; do. do., 1864, do. de., 11544 a 11534; do. do., 1865, do, do,, 11534 @ 115%; do. do, 1867, regis- tered, January and July, 11433 a 114%; do. do, 1865, coupon, do., 114% @ 11413; de. do., 1867, do. do., 116% @ 1165; do. do., 1868, do. do., 116% a 116% ; do. ten-forties, registered, 1114 a 111%; do, do., coupon, 11414 a114%4; do. fives of 1881, registered, 113}g a114; do. do. do., coupon, 113% a 114, STOCKS DULL AND STRONG. The stock market, while still imdubitably dull, was strong ag a consequence, in the first place, of the easier working of the money market, and, in the second, of obedience to that unexplained ten- dency to buoyancy on the eve of a holiday. An advance of about one per centin Erie was the re- sult of the improvement in London, where the in- creased earnings in the last return were doubtless Known generally belore they were here. An ad- vance of 1% in Wabash and a decline of % in Lake Shore were the immediate effects of the announce- ment that the last rail was laid yesterday in com- pletion of the Canada Southern Railroad between Buffalo and roiedo. The fact of EASY MONEY ‘was most directly reflected in the case of Rock Island, which advanced to 113%. In the case of Union Pacific there was a sharp advance of 2 per cent, owing to the covering of their contracts by a large proportion of the ‘bear’ clique, the scarcity of the stock for transfer upon the books, which closed this afternoon for the annual election, also helping the rise. Western Union was less active and not so firm, but, on the whole, steady, con- sidering the suddenness of its recent advance, Pacific Mail was weak and lower, with sales at 70},- The general market was ‘off’ at the close trom the best points of the day on Washington advices indicating an extra session of Congress. Harlem advanced to 128, but reacted to 127. HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest prices of the principal stocks during the day :— Highest. Lowest. New York Central. 103% a Lake Shore. 96.5 oe Wabash.... 73% 73 Northwestern. (xo transactions.) Northwestern preferred.... 90% 9014 Rock Isiand..... 112% St. aul ke 52% St, Paul preferred. “” Ohio and Mississippi. . 46% Unien Pacitic.. 33, J. C, and I. 0. 41}5 Western Unio! 903% Pacific Mall. 104 In Philadelphia Reading was unchanged and steady at 116, SALES AT THE NEW YORK STOCK BXCHANGE, Friday, Feb. 21—10:15 A. M. ig 7, Sistem us 5.20, F68 + D6 17% 5-20, ¢ + 6) fwd us S386; i67!2e HOS TOO) UB Sa, 100, nis} 10 A. M.—Before C: 90; baa of UnTel..c 0. jo STPETS msreeeeee ees gagezeeees beet bet beg ZSSSSSSeSes a i oSesegzsesaes eSesscseeseses = | = Fy] * ard=10:30 A. M. shs Md Coal Oo..be % ‘Adams 2 i $40000 SC Os,n, Ina&Jy 2h ams BX O9..X 0 W076, WNC O's, shee tax, Mt YORK HERALD, B28 Fear eis eg8Egue5 ESEEEzE a are Css daveeeeesexeees etectes Chan Benen, Roa ais P.M. 97000 UB 5-20, c, 65, m. 11436 12130 P. M.—Before Call. = SESEss BE se Ss quality not more than haifa grade above or below the grade quoted. Flour ano Gnat 13,9") bushels. ; cor 2.000 oom 5 we do. the sour yee The tales, ‘cluding all kiw ‘Receipta—Flour, 5,800 bb's. ; wheat 17,100d0.; cornmeal, 700 bbis. an 'bushels§ Barley, 5,600 do. ; rye, 1,275 d dull and’ prices were almost thin the $4 00 a g6 00 *t08 8 1Be 7m 75a 825 Sa 690 Extra Western...., [1a 7% Extra Minnesota. 2750.8 10 00 nd Hoop Ohio, shipping brands 798 800 Hoop Ohio, 8 0— 900 Be Louis Be 90 BE Kouls sttaighg oxi 7 iba 850 SE Louis choice double exis! 9 Om 10 50 St. Louis choice family. a tet Caltiornia.. 9 808 105) Rye flour. 3a 625 Southern No. 4508 600 Southern superttt 65a 700 Southern extra. 78a 2 Southern tamil: 9.00 a 18 Wester 33a 345 36a 3 65 35a 400 4001. 0b. 36a 365 9 60 f. 0. Gor Cileago Spring, $1 60 AL G8 for Mile lor Chicago Spri a for I~ #170 tor Nob se 1 98 for Western tor amber ir white, The Milwaukee affoat and Corn was.duli, but acgrogate about alloa\, foe og at H) wiized 5 low Were ‘duit bee unchai crs. There still rates were unchangs about I buses at $1.68 for No. 2 BE8S Feo aneren red, we Bout bushels, LG. store and Gbc. for new Southern Gisge. m 67340. 1 fe fot ut anes a freights, falc ar aul raves, ‘The eigagements comprice:—To Liver: steums 22,500 bi is corm at eas a. and by tall’ 18400 bugheie at oad steam. 4,000 bushels barley a per 85 iba, Dusliels corn at ree ee bola, r ree . fm Sh rsOrR pete ah YY ee) bike waph in Hn avon an Amer. Unit indom, it, naphtha at bbs. can bark, hence to Gronstade direct 18. crude troloum, on private terms; an Stain brig 5 nee fo. ibraltar for orders to the Mediterrcan: reflned petrole un yy 37) Mediterranean in. excl bir Noxaudrin, or Sle. tf 10 Od ‘a me Ale: 5 Teattan rie, hence to Florio, fe cass American brig, hence to Palmas, 8s. jan Italian . refit do. Ik tO. arrive, henee to to Gibraltar for ordses, 1: 0 the Mediterranean, 2 fined do. on pri: 19 Vi teria: 8 ‘hiv, henes to ‘Conguentai Hs) a 8: port ae Pols. Fefined ” petrotoun bs oh two cat 49 |. Bass ee, Pe very en leatal carah ar ook Second Board—1 P. M. | rates; an American bar rom Enlil) a to Crone sepa we ery Ca erie stadt, 3,200 bbls. refined, petroleum, eneral 1000 Mich Sout! MWOLS 4M SRR...be je if i ers ce Pa bis. rt 30. OG Be. 98s fan beige re Southern We tem an. by Si000 feet of naan on private FT at ana ritsh bark: (naw at Hoon), iron Haleimore fe es bet nanoutal por Hartera grain at Be. if direct, Es . ‘off, oF if to the Continent. 10 per cent waditls is 2 # ‘Gonnres—The: market romalned quice yor. Yorm 5400 Ki 509 84% | prices wero current. .No sales ol consequerice were Rd . ported. We quote :—Domestic cloth, ie on the spot, 100 © 9% ped 31% | and Me. for March, April or May. Bags, 14%c, # Ibe, 200 Ws th sug Hemp anp Jutx.—The market for hemp continued dull 400 i eT By and nominal at previous prices. Manila quoted at 104c., 100 Bits , 1000 30, gold. Jute was also dull, but, tated 9 steady at 3c, a 500 9084 500 wt gold. Jute butts were only in limited request, but steady. 200 90% 500 Ma 168 of 500 bales, in lots, at 2%c., currency, cas! 00 7q 590 Fes Hay axp Stkaw.—The demand continued moderately 200 4434 1300 uM fair for both hay and ara and the market was aa 300 + 7424 200 35 uote :—' np hay, $115; retail qualities 200 6 12 800 a 36% | gL oi clover, ri enn 055 slong, rye rye ay 10% 50d $3, | short rye do.,'81 a $1 U5: $1, and Srnenh i 70: Em a 34 Mors-—the market continned ‘dull; brewers purchasing 70% 100 Mil & be only to meet their tmmediate requirements. i 70% 100 do. 538 somewhat favored the buyer. | We quote :-State, Ei 70% 100 do. . and Western, 40c. a 5%.; California, 5234. ‘a Bice 70%s 100 Mil & 74” | foreign, 360. 70% 200 Ohio & 46; ‘OLAsses.—The market continued quiet, with sales 7083 10 Ohio & 74% | only in a jobbing Way, aggregating about 60 pois. of igs 3007, Fe New Orleans at 70c. a7 10333 200 % ed FY | Cuba, centrifugal and mixed 65 100 Han 46% | Cub muscov' 3. 46% | Porte : Enabsh Istanda 80 Mor & Hesex M46 | New Orieans. aie oe O IWC,CAICRR....bc dls Nava Brores.—The rite of tury 2:30 to 4 P. M. was dull and weak, closin tame at de. a orice, nave only to note a sale 0 s. at O7c. in Was aiso dul $10000 Tenn 6's, old... ints) 700shs Un Pac RR. gs and nominal in the absence of reported sales, re Was ‘3000 Cem Pac gold bds 104% 200 do. bat little offering and no disposition shown to oF rate, 13000 Un Pac Ist m.... 8734 1500 85 Strained quoted at $3 75.a $580. Tar was qui Het, but Col 100 30% | at $3 6344 for Washington and $975 for W imington: 100 3% O1s.—For finseed the market has quiet, but firm. 90% 500 %_, | Crude whale and sold moderavely at previous 1200 $56 | prices. Lard oil was in limited demand for, PxDOrL We 91%, 3000 35 |, 96c. a Yic., in geeks, and 97¢, 9 $c., in W3, 900 do. 34% crude sperin,“$1 50 a $1 52; natural wuer, Bh 17) 50 Pittsbu BONG 73 a $1 75; crude whale, ™c. for North: 70% 100 at 5S 65c. for Southern, Tie. a 750. Sor, nataral Win- 1h, Wom 786 g.50, OF blanched land, Ob, a 7c, for pre 1% 100C& RI 18. for No. 1; ernde cotton seed, 48i¢¢. a 45c. ; voy 2 134 Biwi ibe! a 626. ior sclocted Tight and cue tor cholce x rown. 103% 100 H m.—The, market for refined continued quiet, 224 105% 200 413} but prices exhibited no change. “Sates were. repo 1033, 100 Bor 9 is. for first halt of March atwe., whic was te 7 200 9% | current price for spot or month, Crude, in_ bul 65% 100 93 | was dull and weak. No sales were reported. WWe quote 65%, 1200 9 Bie. a 9e.. sot or month, Oases quoted at 26}¢c. $2070. 6552 100 10. 955 | Naphtha at ise. a lic. for Western and Ide a lise. for 60% BOOT, W & W RE, is; | city. At the creek the market was dull yet t prices were 655, 500 é : 744 | nominally the same as those last quoted. Philadel. 654, 100 18 prism market was quict, but steady. Refined quoted at 953) 200 i spot or remainder of month. We of sales 90%, 20 of 4,500 Dbis. fordast halt of PAD at 1946, ie 30 nin Greodors vara, 2168 bbls. and tlerces and int kopee meats, lo. ¥ a res and OLl kegs. 300 The market tor mess pork ruled quiet to-d 1 there 35s t+ eS BERS BEE! OLOSING PRICES—4 O'OLOOK P, M. Western Union. 90% a Quicksliver. os on oe Adums Ex... Welle Paro EX 835 @ 4m Mer Ua Bx, 68 a sea 8 COMMERCIAL REPORT. e Shore, Union Pacific.. Cotton Quiet; Receipts at the Ports, 15,915 Bales—Flour and Wheat Dull—Corn Easy—Oats Quict—Provisions Quiet but Firm—Grocerics Quiet—East India Goods Dull—Metals Quict—Pectroicum Quict—Naval Stores Dull—Whiskey Steady. Fripay, Feb. 21—6 P. M. The trade movement was more than ever slug- gish to-day, the moisture and the recurrence of @ national holiday to-morrow tending to check what little demand there was for mer- chandise. At the Cotton Exchange the same state of inactivity obtained, while at the Produce Exchange the deadlock was about completed—business being circumscribed to the narrowest limits. Flour was still dull, heavy and almost nominal, Wheat was inactive and entirely nominal, Corn was dull but unchanged. Oats were dull. Barley was the turn dearer, though re- ceipts were liberal. Provisions remained firm under @ moderate inquiry. Freight room and vessels were scarce and rates were firmer. Groceries were quiet. Petroleum remained steady. Spirits of turpentine was easicr, while rosin remained nominally the same. Asuxs.—Receipts for the past three days, 65 packages. The market continued quiet but steady for pots, but pearls were entirely nominal. Pots quoted at $8 50, Buinpine MatERtAts.—The market for brick was quiet, with prices ruling as previously quoted. Lime was in moderate request and steady at $150 for Rockland com- mon and $1 75 for do. lump. Cement was firm at the recent improvement; quoted at $2 25 for Rosendale. Laths quoted at $235 a $2 45 for Eastern spruce, Correr.—No sales were reported, except in a jobbing way, but the marked continued firm. We quote :—Rio: Ordinary cargoes, 17%. a 17Ke.; fair cargoes, 18}. 18%4c. ; good cargoes, 19340. a 19340. ; ae cargoes, 19%c. 2c, ; extreme range for lots, 17c. a 20440. Java—Govern- * Zio. 5 Binga 3 Maracaibo, I j Laguayr ibe. a1 NGO, 16}9c. anila, ive. a Ise. ; redit. =n mayket top spot cotton conttoned euttand anged., Forward dolivery was, in mode. t1-l6c. a 34. advance in price. The sales To-Day. Tan Er'g. 150 : New Orie Charleston tol this tha! Thst 9 m cotton to hg oy on 5c. presse: by iremen, by’ steam, ie Pa ‘ies Key werpool. team, Pi 8 6-lbd. tie oy Ueland Alabama. New Ort Hi Ws He Hirleagont ord Pats | B 16 16 yomde sowee: Et a6 Fi % MI Good idling ing. ae ai sihe ‘quotations are ‘arta on cotton ia store, runing cla) bo was considerable ry manites closed strong at i last evening of Bacon continued in good boxes short clear, spot, at 8c, ; Sc., 500 boxes of long and short clear for and ‘he market 8734. Sales wi late foripril_ and ‘May at 1478, demand and firm. Sales 7) do. tor Murch at 77 natvitives 50 bois, long clear held at 73 rc . for early delivery. Beef remains quiet, but steady. ges; within the range of $9 a 811 80 for new $13 a $14 tor do extra mess, bbls. ; $21 a tlerces, and $35 fore do. emi nee vad nominally 3 Weste 0 bb markett tonday were the same aé tl of 4,000 Ths. of gots at Be. “an Lard—The market for mess, cae OF W actl We and ik cash, and 250 Gi tlcrees kettle ath and 500 tieress, for Feewightsd and firm. anf We weres quiet H potas sendy. City Tri ota ket wagatendy, lina at Se. @ 9¢., an Svgae.—The demand tor raw has still the market remained steady. 3st Bee of Sonal at an fair to good thir, Sie grocery, fair to * centritt lasses, hhds. and Havaha—Boxes, do., 10 to 13, PAE: Bote, 6 to 18, B 9%. e¢ di brary} on bea of Ht grocer; Dateh standard, standard, Nos, and extra superior. 70 hh favana sulos were only about — pack- iain moss; for do. prime neglect nba ewan $3 tor is We Western at $32. cut ge has oy pope quiet, but prise ously quoted. We hea 100 pickled har at Western was moderately eae LO panera, of bh al of 8 Tlie 08, gal ois a uae re quoted ai bigor a Tae. lboan very. light to-day, bat the mar, The sales were ubout 25 Heroes of Ca ags of At 6340. a To. 3 been only moilerate, We heard of salcs ¢., 629 hhds. of Muscovado 100 hoxes of do. ‘at the same_prici Cuba—Refiming, aategtty Te. . 19 to Pi Bio 8 1 white, hea Retininy common to prime, fair to cholee, Nic. a Wc. Brazil fos. 8 to 12, 7Tigc.a 8c. Java—Datch 10 to a a a ‘Dije. janila—Superior ne ‘as boon quiet since our last, xhibited nochange, The" sales for. dhe past include 100 eases of sundry seed leaf, crop "20 150 casei (oly b Seo Hy at nds, of Kentucky a at Mo. a $1 10. TaLLow continued in good siti and firm. heard of sales of fair to good at Bigc. a 87%c., and 10,000 Ibs, of choice Wo of 140 Iba. of Western at 8 13-16c. ; 25,000 “Wasser. Receipts, 871 bbls. The market was firm at yesterday's closing prices. Sales 200 bbis. at DOMESTIO M. MARKETS, Gatreston, Fe! 1 ib, 21, Cotton—Estimated net receipts, 1,500 bales. Stock, Thi, New Onveans, Feb, 21, 1873, Cotton—Demand slack. Good, ordinary, 1i%c.; low middlings, 18%. ;_middlings, 19%0. Net rece! pis 8.777: gross, 9 Xports to the Continent, 4,931; coastwise, 257. Balen OO: last evening. 4,000, "tock, 198,063" Weckly—Net receipts, 49,139; 4 Great Cotron quiet, light demand; ‘O88, 53,923. Exports—To ritatn, 14,653; to the Continent, 19,987; coastwise. 5,087. Bales 26,000, middlings, Weekly Not receipts, G77. ice 1,878; Coastwise, 3,161. Cotton, dull; ordinary, 7340.4 low, middling 18740. 1,352 bales, 315, Sales, Exports—To Great coastwise, 4,034. Sales, 4, Cotton quiet and dull; 3 ee Jes. Flour steady ; sales of 900 bbls. Brive: tor No, ts 975 for amber Winter ; $10 50 for Mag nM Winter, Soatie extra, Wheat quiet but firm. ull one car at 60e. Barley ye a 10 for Bav Quinte ; sales of 1,000 bushels terme core unbo! for shipata fs. a freight»—Flour to New York, 620. ; to Al OF 3 Feb. rn 185%. 5 middling, rts, CORSTWIIC, Sales, 10, Savannan, Feb. inal a inidi Net feceipts, sro Great iritain, 3.120: coastwise, Weekly—Net receipts, 11,368, 4,504; to the Continent, 2,443, este ee 1873. middlin; fc. Net receipes, Raper Cosstwien ie Stock, —Net ar ae Ht erie. to Groat Loursvivur, Fe 1873. active and firm for all grades. ate ‘tw. ia yesterday, 310. 200, Feb. 21 ni do. State on private Theat sold at La) tor abalved and $125 for per cwt. Millfeed steady 1 for $22 and $28 for middlines per, ton.. Haltfond hhiladelphia, 6c. ; to Boston, 0 my, Boreas nigts Western Spring, $F er a Winter, Son gh ast white Winter, fi % a ae ape, weak; vers and sellers widely no sales; quoted, Mil- fo. 2 Spring, 'g 52 white Canada, $1 82 rh steady at 53, lo. Zin store 08 pushers for 3 Woden on track. we 830; 3:00 b mixed in store at,830, Oats quiet on track at «eo: held st 1 sale. ‘small lot Western ma arley firm; sales two rowed State on track at #0 20) yy rate ae held at, Cant two rowed Sta "State, Qe.” Hiye-Weste Ree ee eR e Cal maine Toiminal at $1. irae of the market is un- change 1cAGO, Feb. 21, 1873. iour steady and anshangod. Whent dull aa lowers sales of No. 2 Spri ‘a $1 20% cash, $1 Zi seller fern, Corn fer cape 6 Seog igerelier Waren, Sise, neller 4 2ikge: for rejected. fp zea dull and declining at Xo. 2. ‘Barley dull and Tinsettied at Sait accorainy active and hi eller April. or gelicr March ; 87 $0 seller Avril. boxed, do, baa! cle: Green hams scarce, but fir erage at 100.5 16+ v4 nd high Rye meedy 4 at Boo, Tic... 8c. for No. “hey jocation; S8c. a 62c. for No. 5. bork er Dy $13.2 a $13 6 seller March ‘ard frm and in tir demand at $2 iP casn Bulk meats—Demand fll rice: Lyne ot shoulders at dc. a 4%. Ar tid sides, loose, selicr Laat ut halt ‘of Mare! 4p \6-pound: . Drewed hogs jor at $4 25 fiskey. in fair do- re. p 145,000 bbls. flour, 38,000 Lae fag corn, ya he fo. Bt a 000 dy ‘ley. Too bushels wheat ued do. coeu, 8 x) rie oats agd 1200, | | for frat ‘class city Property. “ye SATURDAY, FEBRUARY 22, 1873.—TKIPLE SHEET. COTTON REOEIPTS. ‘The following are the tota! net cotton receipts since Bep- 9,430 8.718 12.461 is Bovnset--Pants, Feb. 21—P, M.—Rontos closed at . BSc, Twlvkcroed Bowes: vont, Feb, 21—A. M.—United States five twenty bond Ponds 0 opened 121 96% ior the nee as M.The market li ‘losed dull. "Pho sates be including 1,000 for stock 8 at Ppa inciaeeee Midating Oticans ns, in mari f Ly teen rats aL OD Sores wave! bo eluding 4.080 Tor expocy oo stock in Port 4s 498,00 bales, inel ‘The reel ott mot the week nave been iny rican’ “Actual oxport, ade at Mancunaran ciivaecess. Fab. t for yarns and fabrics at Manchester is quicts but Brea. Marxer,—Liverroot, Feb. 21 we eae, ue a a. pe poy centai for trate a hhite ; club ao. 126, 3d. Sror “red Western, “Springs and 12s, “ast tie Med Winter. Corn, bys Li Peas, gilation.. ¥) he American, ie includ- Gaze hae: Livanroos, Proi Manxer.—Liverroon, Feb. Evening — Toit, £34 Its. 6 £86 10s, por’ ton. Com- mon rosin, 9, 6d. 3 9 noob Dor owt} Ano de. ies. oie ing. eae Goi. “Lainaséa oll, £33 10s. por G r owt i MAREE Lon OR Feb 21-5 P, m.—Retined petroleum, 18}gd. a lon. FINANCIAL. “hoop INVESTMENT. PROPOSALS. SOLICITED FOR $250,000 OF PATER- SON (N, J.) CITY FUNDING BONDS, RUNNING ONE, TWO, THREE, FOUR AND FIVE YEARS, BEARING SEVEN PER CENT interest, payable September 1 and March 1; the Principal blo March: 1, 1874; ie @ Princ! pal payal lo Srothog? i 0, 000, $40, 5; $8 IS8UBD FREE AND EXEMPT FROM ALL STATE, COUNTY AND MUNICIPAL TAXES IN NEW JERSEY. The funded debt of Paterson is only $1,181, valuation of taxable propert fn i Sa, oH 000 Wert pated rent valuation, Annual increase of debt limited to aled richer for the above bonds, with, acorucd inte : sollolted, to be addressed, “William Swin- m, N. J.” and ond mndorsed, “Pro- ind. ig be received. oh Mon- G which at Forslosk ico ee the oy 7 pall, rson, at which time and place ‘said proposals publicly opened by the Comptroller and the Department oc Finance, 3 ‘i accept or reject any or all pro Ia roncrveds ‘Tartion must be realy Otte righ wes a the im gpa within one week atter oe ga ‘ANS, W. W. E President Board of Alderinen and of Départ- Wx, Swiseuune, Comptegiar. meat of nance. Pareason, N. J.; Feb. 21, i878. TLANTIO SAVINGS BANK, CHATHAM SQUARE and New Bowery. Money deposited onor before March 1 draws intorest from that date. ‘This vank has a guarantee fund of $198,722 25, being a surplus equal to nine per cent avove all: Aurhubilities. HARRI President. ©. D. Baie, Treas. Tose. Goorks, Secretary. LEXR. LAUDERDALE DUNCAN I8 AUTHORIZED to sign our name by Bowe Pres. we NUAN, SHERMAN & CO, NY PERSON OR INSTITUTION ‘HOLDING AB. stract and Title of 130 West Twenty.second stroet ‘will please communicate with me, as they have been sur- reptitiously obtained trom my ol lent, the owner of the Property. i. FOX, Attorne: Ww, roadway. A —€6,500, FIRST MORTGAGE, ONE YEAR TO RUN, « on'@ acres choice land in New Jersey, on Pennsyl- ¥ania Railroad, well secured, Address CASH, box 174 Herald oMice. T REASONABLE RATES—MONEY ON LIFE AND Endowment Insurance Policies; also on Bonds and Mortgages; Insurances of all Kinds effected with best companies. J. J. HABRICH & CO., 119 Broadway. YEORGIA SIX PER CENT bre DUE BUNDS wanted ao WANING, No off consolidated SOHN B. NING, No. oN New street. H KINS & BRAINE, 11 BROAD STREET, and nite mee Ree, bag he k Privile; S specialty Puts, Galis and Doub Privileges on all active stocks; small capitaltsts wilt find this @ sate method tiapaqmaune, explanatory circulars, with pet- erences, mailed on application. OANS NEGOTIATED ON ‘et adil SECURITIES other approved collate om PPrOKSHN B. MUMRAY, 98 Broadway. 7 APSLEY ot BAZLEY, BROKERS, 47 EXCHANGE $10) for 100 shares stock, 30 Hiss mount paid for. privilege. circulars with references mailed to any names on all contracts, or oo days. No risk. be: lanatot ress. Al FFICE ERIE RAILWAY ORNPARY. New York, Feb, 11, 187% DIVIDEND.—The directors o f this company havo de- clared a dividend from the earnings of the road for the sit months ending lst December ultimo, of three and Gne-half per cent on the, preferred stock, aid also a divi- er stock, from the earni twhitig December ai last, both payable,on the 16th day of March next, at the Treasarer’s 0 th avenue, the registered holders of stock ak the Closing of the ‘The Transfer Books for hoth preferred and common stock will be closed, at the close of busines on saturday, the Istday of March next, and remain closed until morning of the 16th of March. By order of the Board. iH. N. OTIS, penal weet amounts to sult, f $2,000 to $20,000, r urchase rect nnd Mortgages 2 LEAVITT 84 Walt ot WASTERSOS BOND AND MORTGAGE, THE SUM 000 on choice desirable lots. Principals onl: will be teeted with by JOSIAH JEX, 18 Bast Portiew ) TO 2% PER CENT INVESTMENTS. Iilin ote Registered Bonds. Interest paid 1B bs nt Treasurer al New York. First Me fe Railroad Bonds, Insurance, Gaslight, Bank and Oity Railroad Stocks and Bonds; also other first class investments tor sale at the lowest market rates Peak winitay & OO. Stock Brokers and Auctioncers, 43 Pine street, New York. B.—Choice investment.—Stocks and Bonds J with this house for 21 years, Government and other Marketable Securities received in exchange at best price. 1873. —THE MUTUAL, ae LIFE INSURANCE STATEMENT, Pawan yo, Balance as por statement January 1, "$23,241,795 1 Received for premiums during the year 1872, for interest during the bapa ls for Tf 1,524,116 18 TH 9 rl Récelved for annulties during the 872, $6,869,055 63 = year 187 Total receipts for 1872. Raid fo by death. $1,! Paid taxes and inier- I revenue. commissions to mds tas on velisies ri "eS for or preiais in’ course ‘of Interest due and_ac: Premiums due an nd mee yet re- eived on Jamags peipeipalty of of inspam 100.000 bas since be eon ved, January 15, 1873)... 438,631 98 sestives; January: ———= os 83 Total assets January 1, 1873. LISI 41 Hato of expouser to’ income (excluding tases) SUF per ‘The dividend of re' miums d by the Di- rectorsin 172 wilt be paid to the fered agi ir pres maiams fal due in in conformity wish the rules of the company. Lewis ©, Grover. N Pe a Henry cFarlan, Jodah ua. Randall i. Greene, a Gongar I. H. Frothingham. Ee’ ee Marcus a Ward. Lewis ¢ ¢. wa HOVEN, Br President, H. N. CONGAR, Vice-President. Bowarn A. Strona, Secretar; Basgawin C, Mune, Tree ory District of New Yi State Agent Baer? rick o of CN ar 0) 79, LOAN ON eine? CLASS BROWN House, el, thout bonus; drat and 98 Lous! $10.00 aren tone BOUE ot fberty street, basement To leer ON CITY PROPERTY. $20,000, Filth otitiie nitions 0,000 70 LOAN OR Al BROOKLEN OF | | Ne ‘roper RIX various s1 few Jereey roperyy aud ye ; ing atcoet (DasomG Ut. ° 9 BEAL ESTATE MATTERS, The following sales occurred yesterday at the Exchange :— ‘BY JAMES ML 4 6, Dk, house 85 4th st. J 236; Robort. F Littl, ro Br bK house 116 W. Se Andrews 70 OSKPH M'GUIEE. 100, &, of ay. 1 pict containing Blo enol 2x. ‘4 & ne ay, As res 3°0. ‘Higclo’ low. rh to Benjamin F ¥ BURDWT Steamboat J. B Senuyie BROOKLYN DEATH REOOED. There were 185°deaths im Brooklyn during the past week. Of the deceased 30 were men, 48 women, 60 boys and 47 girls; 46 were under one year and 3 were upwards of 80 years; 132 were natives of the United States, 32 of Ireland, 9ef England, 4 Germ: fan of Wales and 1 each of Canada, West Indie I, ‘iow Brunswick, Scotland, Austria and France. f aigeneee, were:— Consumption 26, cae of bral heart 11, bronchitis 5, cancer 3, cro’ scarlatina 10, smallpox 1, pneumot liver 4, disease of kidneys 4. THE LATE FATAL FIRE IN BROOKLYN. Coroner Jones held an inquest yesterday touck> ing the sad fate of William and Joseph Smith, the Uttle children who were burned to death at No. 17% Sackett street, South Brooklyn, on Tuesday last. Mrs, -Winnifred Smith, the mother of deceased, said that she left her two children in the dark beé room on the third floor, and was absent at the grocery store about twenty-five minutes, when she heard the cry of “Fire!” and returned to her house in time only. 'to sce the dead bodies of her childrens boy” aBridgee ae who occupied the front rooms. game floor, as Mre. Smith, testified to hay- ine'he heard the children crying, but was under the impression that their mother was whipping them, henee she did not try the handle ef the room deer in which the babies were. She had never had dispute with Mrs. Smith. A verdict of death buras evoliton tally’ received was rendered, CITY GOVERNMENT. (OF FICIAL.] Board of Aldermen. STATED SESSION. ‘TauRspay, Heh. 2, Present—Hon. 8. B. Lf wanes President, ‘in tite” avd # quorum of meni PETITION RXTERE That on Fiftieth street, between Ninth ety Tenthave- nués, the sidewalk on south side be flagged. RESOLUTIONS REFERRED, That Second street, between St Nichotas a the Boulevard, be regulated and nal graded, ta the cure. gutter stones ke set and the side ed. ‘That receiving basin and culvert Be allt or on the soutly weat corner of Thirtieth street and ih svenue. ‘That the vacant lots on the west side of Fourth avenue, and extending west 250 (eet on gannegeovel and Sevem- ws plat Ae coke be aes in. the sidewalks o1 of Twenty. on we, between, Ninth and Mont avenues, be flagged. That the vacant lots on the south side of Ninety-secon@ street, Sommencing 225 feet west of Third avenue, and ex» tending ity feet westerly, be fenced in. ‘That on both sides of Fighty-tourth street, betweem: Madisom and Fiith Aria curb and gutter stones be setand reset and the sidewalks be oe! and refi ‘That on the northwest corner of Forty-third street an@ walt ‘avenue, curb and gutter stones be set the side Walks be lagged aud reflagged. ‘Rloventh street, between University place and sixth a eaee be paved with Belgian or trap-block pave- ‘That West Broadway, from Canal to Chambers street be aved with Belgian’ ‘or trap-block pavement at College pisces trom Chambers to Barclay street, elgian oF granite block pavement, at Seventi ‘between Broadway and Sixth: avenue, be paved with ub elgian or trap-block pavement, ‘That in Worth street, between Gentre atreet and Chae, ham square; Park street, between Centre and Mott streots; Baxter street, between Chatham and Bayard streets; Mulberry street, between Chatham and Park. streets, and Little Water street, between Park and Worth streets, the curb and gutter be set and reset, the side Walks finaxed and rotlagyed, the carriageways bo paved: th Belgian oF trap-block pavement IRPORTS LAID OVER. at crosswalks be laid in First avenue, at 115th That the vacune low on the. north side St Forty-second stroot, about 100 feet west of Second aventie, be fenced im. ‘That a crosswalk be in the south side of pier NO. BNorth River to the cant side of West street, opposite. That on both advs of lovth street, from Third avenue ta Fifth avenue, curb and gutter stones be set and the side- walks be flagged and reflagged. ‘That crosswaiks be inid in First avenue, at 116th streets That Forty-third street, trom First avenue to the o Rass River, be re Ligeti sod ees led, UP td curb and gutter stones set and the sidewalks tlagge ‘That the sidewalk on the south side of St, Mark's: piace, commencing ar the southeast corner of aventig, and running to No, 48 8. Mark's place, be flags wtlat tne vacant lots on the north side of Fifty-thind: between Firth and Sixth avennen, be fencea in, withat Rleventh avenue, from Seventy-ninth. atreot, be regulated, and graded, the curb aud gutter stones set and the sidewalks! Saaged. That Sixty-eighth street, from. hind avenue to the East. River, be regulated and graded, the curb and gatter stoned got and the sidewalks tagged rd avenue to the East: That Sizty-sixth street, fr Ri regulated and graded, the curb and gutter et and th the Sidewalks Sage ed. Th Sixty: ninth street, from Third avenue to the Bast Rive: ulated and graded, the curb and gutter stones vet any That thi the sidewalks flazved. aidewaike on both sides of 17th street, from. avenue A to Harlem River, be flagged. That Sixty-soventh streét, from Third avenue to the East River, be Ey po pve sae usreded, the curb and guttes~ Stones sot and the sidewalks flag That the sidewalks on both si les of Fitty-seventh street, from Sixth avenue wo Eighth avenue, be lagged. ‘That the houses on the west side of Sixth avenue, bee tween Thirty-second and Thirty-fourth streets, be ni bered continuously with the numbers on the ‘west side of road wa: Y That street lamps be lighted in Fitty-coventh street, from Fitth avenue to the North Rive: That a recetving basin and calvert be built on the northeast corner of Twenty-third street and Thirteenth oF, Fateriog 8 avenue. That a free Clete a hydrant be eee on the south east opener oe ixt rd street and Fenth a avenue. That janpe be lighted in rot the, lov strect, from the Boal to fifty feet wost oft Pleventh avenmes. also Croton water ipes be laid in. That Croton mal ns be laid in Fintys ninth, ‘terest, from. Fifth to Seventh avenue. That a receiving basin and cutvert be built on the soutneast corner of Twenty-third street and Thirteentia “That 8 ruce street, from Gold street to Printing Housm bo Soek paved with Belgian or granite block pave- Tha it Jacob street, from Pett street to Frankfort: be aved with Belgian or granite block pavement. at Frankfort street, from Pearl to Chatham street, ved with Belgian or granite block pavement. trom Gold street to and including ‘ith Belgian or granite block pave- moat Gold street, from Frankfort street to Maiden lane,’ ed with Belgian or granite eed parame at Kighteentn street, from Broadway to the East River, be paved ie Belgian or tr: othopraee until T et a ne: SINCENEY, Board of Assistant Aldermen. STATED SESSION. Mowpam, Feb. 17, 18%3, Present—William Ma th Esq., President, in the chair, and aquoram of members. RESOLUTION RETRRRED. ‘That Eleventh street, from University place to the 6ixtts avenue, be paved with Belgian or trapblock pavement Bh ot Martin B. Brown, tor of plating, for, the Boarm from November 25, 1872, to January. 6, i ot hat a croswal ik be laid from No. 58 Whitehall Street ts W Battery, oppos cae eat iriiye third. street, from Lexington avenno to the =. River, be paved with Belgian. or trapblook pave- he vacant lots on the south side of Forty-secon® wet Detween Madison and. Fourth avenues, be a fenced in. the north side of Fifty-third street be inh ak o8 ie, forth eit Ee aaewalks bo teggea seal Fenat the lots on both sides of Fifty.third street, bowoen Fifth and Sixth avenues, be fence at Fiifty-sixth street, from Lexington to, Fourth ave~ nue, be paved with Belgian or trapblock pavement, That eas lamps be igited in Seventy-drst street, bow: tween Second and Third avenoes. That Thirty-ninth street, from the Tenth avenue to thet Hudgon Miver, be paved with Belgian oF teapblock paven Mena the sidewalks on both sides of Fortieth street from Tenth to Eleventh avenue, be ‘Adjourned until Thursday, next, bea 2, at o'clock P.M. (OLONE! 34 STATED: hon ‘Tuonspay, Feb, 20, 1978. Present—William Wade, Esq., President, in the chair, and @ quorum of members. SOLUTIONS REFERRED. om north side of Front street form dintance of 18) feet from the northeast corner of (avver- slip, be that the Mido kiG on the south side of Water street, for a Ginane @ of 160 fect il the southeast cormer of Score a ates s east side of Comrernaes slip. from Water street to Front street, he flag That street lamps ighth igrenns (0 ie the Boulevard. Westerly side), Detween Lith and 125th siree That First avenue, > ome | Pan ee ig ‘* wnat the skdowalk nialde of Fou? ton v1 Fourth aveane (on the That the sidewalk on on north streets. x t, from Secon? to Third ave Ne paved Ww aan are or trap-block paveme both sides earths Phat NG, con Fourth and Pilih avenues, be foneed i south side of Sixty: ton. ‘avenuas: iat at atreet lamps be lighted in. Stxty-fourth streem, ‘Sie be cag a phryeamipry ern requires that, it res _ re otra raliroads in its ¢ fancies ate require that the corpor same pay to Jom & compensa- to the cit mor the Wy tise arose receipts ia oN oe That the Commisst Puptte Works be authorized’ caslon inp ui tha Portion of the City vooetipi atte Mayor, the chamber endo Carr of ‘of Al qrmen, the chamber of the Hoard of Assistant jen, the. Governor's room, : at eee nhs occu, ook e Commissioner of Juror ittee room of the Board Alde ep hom ace ied by ie Ki f the City Hall, Are shat arto Re alae ne ty tal ind = street lam, spe fated in itty sixth, street, bev “i afoul ith avenues, ay next, Tebrmees 3 at twe TULIAM Hi, MULYNRY, Vere