The New York Herald Newspaper, March 8, 1873, Page 9

NEW YORK HERALD, SATURDAY, MARCH 8, 1873—TRIPLE SHEET. ~ PINANCIAL AND COMMERCIAL, —— The Cliques Locking Up Money Again. The Rate on Call Advances from 1-32 to 1-8 Per Cent. SIMILAR STRATEGY IN GOLD. Preparations to “Squeeze” the | ruc. “Short” Interest. Gold Touches 115 8-4, the Highest Point in Over Two Years. AFLURRY IN THE NEW FIVE PER CENTS, reeee Piety tit e Seas gape? L ed Sela wee 53 ee fort 4 F Ct'T5.104 Ze Be ie Be eee & 5 Ll Ist in d's 96 NWst. 98° : In the printed sales will be found @ transaction, ©. ©, and I. C. seconds, at 87%. If the quotation is not an error of the official record the bonds sold must belong to the class endorsed by the Pennsyl- vania Railroad, which are virtually first mortgage SOUTHERN SECURITIES STEADY. The Southern State bonds were generally steady. The Tennessees were firm and fairly active at 83. The following were the closing quotations :—Ten- nessee, eX coupon, 82% a 83; do., new, 82% a 83; wWirginia, ex conpon, 45148 47; do., registered stock, old, 37 a 42; do., sixes, consolidated bonds, 56 a 564; do, sixes, deferred scrip, 1434 a 15; Georgia sixes, 75 a 80; do., sevens, 88 a 90; North Carolina, ex coupon, 30 a 32; do, to North Caro- lina Ratlroad, 6061; do., funding, 1866, 22a 27; do., funding, 1868, 20. 23; do., new, 17419; do., special tax, 13 a 15; Missouri sixes, 94 a 9434; do., Demoralization and Decline in | Hannibal and st. Josepn, 90% a 9114: do., Levee Foreign Exchange. A SUDDEN ADVANCE IN HARLEM. Stocks Buoyant in the Forenoon, but “Of” in the Afternoon—Decline in Erie and Pacific Mail—New York Central Strong and Western Union Firm. WALL STREET, } Fray, March 7-—6 P. M. On ’Change-to-day cotton was quiet and Xc. per pound easier for ordinary, on the spot, and 1-16c. a 3. lower for futures. Flour was quiet but steady. ‘Wheat was less active but firmer, while corn ‘was dull and unchanged. THB DRY GOODS IMPORTS. ‘The total imports of foreign dry goods at the port efNew York for the week ending March 6, 1873, were of the specie value of $4,033,514. The amount marketed during the same period was $4,482,197.5 THE FOREIGN MARKET, The London quotations closed 1-16 per cent lower for cgnsols and steady for most of the Several descriptions of United States bonds, the 7167's being exceptionally weak and 3; lower. Erie shares suddenly declined about one per cent for ‘reasons not stated in the cable despatches. The mew French loan was depressed by the continued illness of President Thiers and receded to 6% per cent premium, French rentes in Paris also being lower, at 56.80, The market for both these latter securities was unaffected, at least favorably, by an increase of 3,200,000 irancs in the weekly report of the Bank of France. ‘ FURTHER DECLINE IN FOREIGN EXCHANGE. The foreign exchange market was weak and de- Moralized under the advent of a “squeeze” in cash gold, especially as the tendency of capital is strongly in favor of this centre as between New York and London. As money, like water, will find its level, and as its use in New York on prime collaterals is worth all the way from 7 to 20 per cent, the wonder is that capital has not flowed. more speedily in this direction. It is coming in a steady stream, however, and hence the consecutive reductions in the rates for bills on Europe. OUR EXPORTS are going abroad from this port at the rate of five or six millions a week, and to the extent of not less than seven or eight millions from all the other ports of the country, furnishing a further abundant source of exchange. To-day the leading bankers lowered the rates for sterling to 108 and 108%, but saies of prime sixty-day bills took place at 107% and 108%. The following shows the new standard of rates:—Steriing, sixty days, commercial, 107% a 107% ; do., good to prime bankers’, 1073¢ a 108; do.,. short sight, 108%; a 108%; Paris, sixty days, 5.3234 @ 5.27%; do., short sight, 5.2344 a 5.2214; Prussian thalers, 70% a 71's; Antwerp, 5.30 a 5.25; Switzer- land, 6.30 a 5.25; Hamburg, 94% a 94% ; Amsterdam, 389% @ 40}; Frankfort, 40}¢ a 40%; Bremen, 94% 8 94%. MONEY DEARER. The money market was more active, with are- curreace ef something of the stringency which was thought te have disappeared. The rate on call, which ranged as low as 1-32 early in the day (equivalent to 11); per cent per annum), advanced to % and interest (equivalent to 52 per cent per annum) in the interval between two and three o'clock, closing at 1-16. The greater scarcity was due in part to the necessity of paying.to-day for the million and a half of gold bought from the govern- ment yesterday, and also to the repetition of arti- ficial manipulation, both influences being so far combined that the parties who received the gov- ernment gold took care to pay for it WITH GREENBACKS, when national bank currency would have served as well, In this connection it is further said that the “locking up” of greenbacks will be continued to- morrow, and that money will be made twice as scarce as it was to-day; or, in other words, that borrowers on call will be forced to pay as high asa quarter per cent. As to-morrow is Saturday, and the loans are then made for the two days to Monday, the Shylocks ought to run up the rate to 44 per cent, inorder to meke their promise good. Com- mercial paper continued nominal at 9 a 12 per cent discount for prime names. The call of the Comptroller of the Currency jor a statement of the banks was for the 28th of February, last Friday, and not for Saturday, as was inadvertently stated yesterday. GOVERNMENTS FIRMER. The government list was firmer, with a recovery tn the currency sixes to 114 and an advance of 3 | in the ’67’s and { a % im the ten-forties. The new | fives declined to 112% early in the day, but rapidly | recovered to and cldsed at 118%, the change being due to the receipt of an official decision from the | ‘Comptroller of the Currency that ‘Ne national — banks in maxing substitutions for the “called” | five-twenties among their collaterals deposited at | Washington must use the new fives. This ruling | is said to be based upon a section of one of the Many amendments to the laws governing the na- | tional banks, but is hardly regarded as just, in view of the fact that NEW NATIONAL BANKS | are at liberty to begin business upon the deposit | of five-twenties as collaterals. The following were | the closing prices :—United States eurrency sixes, | 113% @ 114; do. do., 1881, registered, 116% @ 116%; do, do., coupon, 118% @ 118%; de, fve-twenties, - registered, May and November, 115} @ 115%; do do., 1862, coupon, do. do., 115% @ 115%; do. do., 1864, do. do, 115% & 115K; do. do., 1865, do, do., 116% @ 116% ido. 1867, registered, sixes, 50; do., do. eights, 1910, 80; Alabama fives, 57 @ 61; do. eights, 82a 85; South Carolina sixes, 30 a 35; do., new, January and July, 20 a 2134; do., do., April and October, 2254 a 24. GOLD STRONG—115%4 A 115%. The gold market was strong under the further Manipulation of the clique, who advanced the price to 11534, which is the highest reached in over two years, or since September, 1870, The highest point in 1871 was 11534, and the highest in 1872 was 115%. The beginning of a ‘squeeze’? in cash gold, which was made worth 1-32 jor its use in to-day’s deliveries despite the stringency in money, in- duces a belief that the clique have put the market about as high as they deem tt prudent for the pres- ent, and intend to “milk,the street” and “twist the shorts.” They claim that they own nearly all the gold accessible in the city of New York, and, if not, that they hold enough to make CASH GOLD SCARCE enough to pay them handsome duily considerations for its use. It is said that the milliop and a half of government gold bought yesterday went to Jay Gould, who is reputed to be a leading member of the pool. To the “shorts” the prospect is not, therefore, a very agreeable one. On the other hand gold is greatly, if not excessively, intlated, and if left to itself would tumble down at least five or six per cent. With sight exchange at 105% there is perhaps no bigger bubble in Wall street than gold at 115%. After three o’clock business in gold loans was continued, and as high as 1-64 a 1-32 was paid for the use of cash gold to-morrow. ‘The course of the market 1s shown in the table:— GOLD FLUCTUATIONS, &0. 1P. 1:17 P. M. In the gold loan market the rates ranged from 5 per cent for carrying to 1-32 10r borrowing. The op- erations of the Gold Exchange Bank were as fol- lows :— Gold cleared Gold balance: Currency bala oe 2,416,936 The Sub-Treasury paid out $60,000 on account of interest and $700 on account of redeemed tive- twenties. STOCES UNSETTLED. The stock market opened strong and became fairly buoyant in the earlier hours of the day, fell second board, but with the recurrence of the strin- gent rates for money toward three o’ciock de- clined once more, and in the last half hour of bust- ness lost pretty nearly all of the forenoon’s im- provement. The more active features were New York Central, Pacific Mail, Western Union and Erie. New York Central advanced to 104%, and was among tie more successful stocks in retaining the advance, losing only +4 of it at the last moment. The demand for NEW YORK CENTRAL is stimulated by the fact that another semi-annual dividend ts now nearly earned, and by the chance that the Commodore may deem it proper to declare 5 per cent out of the enormous earnings of the -past six months. Pacific Mail, which is un- dergoing a natural reaction after so large @ decine, recovered to 6734, but gave way before tighter money and declined to 5544. Western Union advanced from 86 to 875, but was similarly affected and receded to 86%. Lake Shore touched 95%. Erie was weak in sympathy with ‘the fall in the London market and about X per cent lower. The most important fluctuation of the day was in HARLEM, which advanced from 1287g to 136% and closed 136 a 1364;. The recent gradual rise in this stock from the vicinity of 116 is now known to be referable to the quiet introduction of a bill at Albany to grant the company a number of generous privileges as to extending its horse car branches through the city, so as to connect important points with the Central Depot. The progress of this bill was not made public, and it was only when the Rajlroad Commit- tee reported it favorably to-day that the movement Was revealed, with the effect on the steck above narrated. Rock Island advanced to 1151¢ under circumstances which again suggest that the buyers are the Pennsylvania Ratiroad or Tom Scott party. Panama sold at 120% and Boston, Hartford and Erie at 934. 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. +1044 10 Erie... re 6544 Lake Shore.... 94% bash. . 73 rthwestern x Northwestern preferred. Rock Island St. Paw St. Paul preferred... eer! Ohio and Mississippi. ....- 1 463% Union Paciii C., C. and LC Western Side Pacitic Mail oe OTR In Philadelphia Reading was firmer and steady at 115%. ¥ OHIO AND MISSISSIPPI RAILROAD RECEIPTS. The earnings of the Ohio and Mississippi Railway | Company for the month of February were :— 1873. 1 + $286,805 + 235,980 $50,825 SALES AT THE NEW YORK STOOK EXCHANGE, Friday, March 7=10115 A. M. §10000 US 67s, "SI. 10000 US 6's, 3600 US 5-20, c, " 10 A. M.—Before Call. January and July, 114% @ 114%; do. Gy, 1865 | gioco B, Ws Erie Ist.c 3944 2000 shs Pac MS8.Co.. 8 coupon, do. do,, 114}; & 114%; do. do. 1867, do. do., fone ve Gavel bred es in on . = 116% & 116% ; do. do., 1868, do. do., 11644 @ 116%; do, | 1400 do. FS 78 6 ten-forties, registered, 11034 a 111; do. do coupon, | 4) & so” 300 & 110% @ 111%; do, fives of 1881, registered, ~ go 86%, cy e oo 13 @ 113% ; do, do., coupon, 113%, @ 113K. cy n x es 50 88 ‘THE RAILROAD BONDS. ea 4 +e BBs 400 do. ; Sore ‘The railroad bonds were generally quiet. Cen- 20 go 868 S900L St M ! % ral Pactfics were lower at 103%, and Union Pactic | 0 bd 39 be) do. WN teomes declined to 70%. Boston, Hartford and | 1 = do 5 Sh Be ’ ot fries continued weak. The following were the | gy) do, * ae i a bids at the call,as amended by pricesin subse- i ¥ 4 E 4590 ‘ 9 quent dealings :— 4 F 86% 2500 oe Drow York Cen 6's. 1883. 44 Han & StJo convert. 8% | Mos h i * 98 New York Cont O's, 1887. 9132 De}, Lack & W i’scon.. W | [HOS o He, 100 9: New York cen vs.re.. 96 | 400 His jue, Fi York Cen oO he 4 9 100. do. 14g a BOO NYC & HRRE.. 16% 2 ~~ do 143! he] 109 < 108; Reed 100 ed 103% 3a: 1y00 © 13% ; 3 nee an 1035 700 do. im do CIO fun, Be RRL “Od 2300 Pac M88 Co. S53g 700 do. ry ry 70 do. Glev & Bite fa mt im de 4 " ev Mitte gd n Dis con Clev & Pitts diu'gi. 200 do, |! 1000 600 20 800 20 200 is ‘300 = iz 50 ‘5u00 1600 1000 Bur, ty pis 2 5000 {00 ‘5000 . 900 5000 StL, Jac 16shs Mech Bk’g Ass 107 100 20 Broadway Bank... 200 = 200 Ay Hen ver Bank. 100 letropolitan Bank 13 10 Continental Ban! 80 Park Bank.. ai New con Bk. Saale Baw pen Coal ; 90 % oh 80 . 87 cit Brg Is, 86% 9 is nh os i Bu BOs . BOY aie do. 100 Han & StJoRi.be 451g 50 Chic, Bur & Q.. be 11% 135 Morris & kssex RR Yi 109 Del, L & W RR. $5000 Bos, Hart £1 20) shs West U Luo 10. 8 td i off about mid-day and strengthened upagain at the | 10) a WLS & 300d 0 Second EBoard—1 P. M. 83. 400ehs Erie RR.....be 6534 ‘s 4%) 300 do. 6oky 2000 Cen Pac gol i IW do. 6544 1u00 Un Pac Ist m. 36hq GU do. 6534 BOW) dO. seed 864 WO do 1000 U Pac lu’s, in 95 v0 do. 1000 Hud R 2d,s f 20shs Del & H Canal. 104 100 Canton Co.......b¢ 102 f 100 Cam Coal & I...b¢ ‘500 im 100 Con C of Md.....b¢ 710) ity 100 Mar Land & ) wo b3 104%, 100 Harlem RR. 1100 weg 500 1300 10434 200 West U 300 14g 709 nr 3300 do Wt} 200 700 do. . 1oasg 300 do 400 Panama Rit’” “he 120 luo 20 Cleve & Pitts gid. 90. 00 do. 200 200 Wp Bu dk 1W New Jer Gen 1 ad Loo do.. 00 di 20 T, W & W BS re 100 D, Lack & W 1 do. » KWCOAK LR. 100 Adams: 100 di Ju Am M Un Exp...) 2W Bac MSS Co. 100 2:30 to4 P.M. 150 shs N J Cent RR. Ls an RK... 0. 100shs New Cen Coal. 100 do. 100 Con Coal ou do. vi Guu West 1200 400) do. 200 Pittsburg RR. WAY CeHE. 1000. do. iw Erie RR.. Su) do. S00 do. 500 Harlem RR. yoo d wu 400 2ou* 200 1600 200 duu uu 1100 200 SUD ww CLOSING PRICES—4 ODLOOK P, M, Western Union. 3614 a 8634 Northwestern.. §1!¢ a 82 PAnAMA.......19 @ 120° Northwest’n pt. ‘ a 898% a 16% N J Central. oh H a 10435 ‘tf -66%_ a 65g 136 @ 136, Min Union Pacitic.. a 35: Cotton Lower; Receipts at the Ports, 16,023 Bales—Flour Quiet=Wheat Firmer—Corn Dull—Provisions Very Firm — Groceries Quict — Petroleum Duli—Naval Stores Quict but Steady— East India Goods Quict.—Metals Gener= ally Quict—Wool Steady— Whiskey Firm. New York, Friday—6 P, M, The general merchandise markets continued to improve in tone to-day, and there was greater buoyancy than during any (lay for some time past, while in certain quarters the improvement in feel. ing was accompanied by acorresponding improve. Bivut in prices, On the whole, however, the mag, ae kets were rather quict, and business aggregated only moderate. Cotton was stilljdull. At the Pro- duce Exchange flour was dull, wheat was armer, but business was light. In consequence, corn was dull, and, in the absence of sales, wholly nominal at yesterday's quotations, Oats were unsettled and decidedly lower. Whis- key remained steady. Pork and lard were with- out decided change; a fair demand prevailed and prices were about the same—pork being, if any- thing, the turn dearer. Groceries remained quiet, and not essentially changed in vane. Petroleum was dull. Naval stores were quiet, but steady. Woo! was in moderate demand, and not materially changed in prices, AsHES,—Receipts for the past three days, 88 packages, Trade has been confined to jobbing parcels, which realized former prices. We quote :— Pots, $8; pearls remained nominal. SUILDING MATERIALS,—The inquiry since our last fot brick has been moderate, with former prices current. We quote :—Pale, $7 per M; Long Island, $10 per do. ; North River, $11 50 per do. ; Croton, $12 a $16 per do., and Philadelphia front, from yard, $40 a $45 per do. Lime, without essential change in price, waz quiet; quoted at $1 5) for Rockland common and $175 tor do. lump. Cement was in moderate demand, and steady at $210 per bbl for Rosendale. Lathe quiet and steady at $2 30 a $2 40 for Eastern spruce, Canpuxs.—The demand since our last has been light, and confined principally to the jobbing trade. Prices were generally steady, but, on some descriptions, firmer. 20, ; So, Aer prea see d Meee nd tannins a0 RH Corvex.—The market remained dull for al 11 descriptions, Buyers show no dispgsition to operate, pares ie Te. e coipt of the Rfo telegram, which is now due. pend the ne uneiganauan oe follows i "y ITKe. Jc. fale cargoes, 1c, a Losse, | good abe. prime cargoda, 200. a Bilge. | ox: r lots, 1734c. a 2Ic, Jaya—Governinent ic. ; do, grass ‘mats, 200, a 220.: Singapore, lon, 18¢. @ 19¢. ; Maracaibo, c, & 200; Jamaica. 180, He. ; Potto. Rico, Ide, a 2 Lbige. .; Mexican, 1B}z0.' to 19i¢e. Ie Angostard, 18 6190. + Sevagilia Mec, ant coa, 18. a 19¢. : gold, per Ib., 6) and 90 ‘days cred| ‘Corron.—The inquiry for cotton on the spot was light and generally at prices matertally under quotations. The tendency of the whole market was toward lower prices, the quoiations annexed showing a decline of 1c. per lb. on ordinary. he better descriptions were without quotable change. Future deliveries were somewhat un- settled, with a weak undertone throughout the day, the market closing with a continued downward tendeicy. ‘We sum up thus :~ T-Day. Last Boe'g. Total. Export... 416 536 952 Consumption 239 203 BT Speculation... 2 2 Total. W7 BF 1 —For tu low middling), the sales ha ales last evening alter three o’c March, 700 at 197, 100 at 19 15-16e. ; April, 800 at 20 3-1 100" at 20 ¢.; May, 600 201 une, 200'at 2c,, 16e. ; total, 3. P. | M.—Mar short not 20) av 19 15-16c., 900 at 20) at 20\4c., 500 at 20 3-16c., 1,400 at Wige 100 at 2*e., 100 suey Nage., 100 at Bsc. 20 18e, Ei) Wier at 2 S16c., 500 at 2 Grand total, 19,650 bales. the ports sum up thu: ion, 842 bales: New Orleans, 0,605: Mobile, 1,13: Vvannah, 872; Charleston, 376; Wilmington, 158; k, 10882 Baltimo: York, 294; Hoston, 142. ‘Total, 16,023 bales, week, 15,456 bales! last year, 8,925 1 This day on coiton to foreign ports cl by steam, ‘lac. a 1} last sed a8 folion c. burg, by team, $4c., compresse 1.4 sil le, ; ¢0 Liverpool. by 4d. @ 5-16d, We quote — Uplinds, Alabama. New Orleans. Texas, Ordinary 1g 1644 64 16g Good ordinary,......15%) 18% Ishq 18%, Strict good ordinary .i9 yh 19, 19g Low middli 1984 % 2084 2044 Middiing i 21 4 Good mid 34 23 4 8 284 —she quotations are based on cotton in store, running {a quality not more than half a grade above or below the grade quote Fioun axp Gratx.—Receipts—Flour, 3,763 bbls. ; wheat, 10,700 bushels; corn, 19,400 corn inesl, 34 Obls, and 1,300 bags; oats, 25,525 Dushels.” The flour’ market ruled rices were nomina lly unchanged. The sales quiet, but fe about 11,000 bbis., including all since our last agg sar within kinds, at prices the range of the appended quota- tions.’ Corn meal remained quiet and unchanged, 100 1d at $3 30 on the pier. We quote :— 4-00 a $6 00 6 a 690 Y2a 775 Ta B25, 6a 69 T%a 775 7 0a 10 00 Twa 775 +8 50a 9 50 9 5a 10 50 75a 85) 8 50a 9 50 St Louis choice double 9 50a 10 5 St. Louis chice family. iv 50 California. 9 50 Kye thou w» Southern N. ar 2. Southern supertiue. Southern extra Southern tamii Corn meal, We: Jersey. Puncheons. —Wheat was ‘in’ imo. firmer in their views and busin che sales were about 300) bushels at $150 1 Spring; $1! 64 for good do. in store; $1 65% for 2 Milwaukee in store; $1 63 for do. afloat; $1 for red Winter; $1 a2 10 tor white, Corn was dull and nominal at 64¢. In store for old mixed a 664¢. for do. afloat The sales were ouly about 25,000 bushels old at the above prices, and including new mixed at 650. a 68c. afloat and toc. a BSc. for new white Wesiern. Oats were duil and lower. The sales, foot up 35,00) bushels at dle. for old in store; 47c. a 49. for new mixed Western afloat; 43¢. a Sic. for new: white do.; and 47c. a d8c. for new black Wesiern. Barley—Sales, 5,000 bushels Canada at $124. Other descriptions held nominally ay betore. sales. Lust sale of Western at 9c. in store. i7s.—Berth freights continued quict, but rates were not ewentially changed. There was a fair demand vessels for charter at fall former figures. The en- agements were :—To Liverpool, by steam, 7,500 bushels Corn, at 654. ; 300 bales cotton, at 5-16d. tor compressed. ‘To London, by steam, 29,50) bushels grain, at Shad. ‘Tho charters were :—An American ship, 910 tons, to Havre, eral cargo, at current rates; a British brig, hence to erpool direct, 1,60) bbls. refined petroleum, at 7s. 8d. ; prwegian bark, hence to a port in th 2,800 bbls. refined petroleum, at, 7s. 9d r inferior prime No. 35.8 $1 90 British shiv, to arrive, hence to @ Continental port, excluding Dutch, 6,100 bbls. refined petroleum, at 6s. Iigd.; an American | Dark (ow at m), hence to ‘Cadiz, stores, on private terms; a British brig, hence to a direct port in the ‘United Kingdom, 2,00 bbls. retined petroleum, on private terins; ‘an’ American bark, about 706 tons, trom Philadelphia. to Cronstadt, full cargo of petroleum, and return with general cargo, on private terms; a British bark (to arrive at Boston), from Philadelphia to a Continental port, excluding Am” sterdam, 4,10) bbls. of petroleum, at és. 6d. if crude, or 7%. itreined; a British bark (now here) chartered for the next voyage, trom Philadelphia to a Continental port, Sou bbis, of crude or refined petroloum, on_ private terms; a British brig, 410 tons (to arrive), trom a Southern port to the River Pinte, lumber, private terms, ‘Guxsirs.—The demand continued light for both cloth and bags, but, notwithstanding, hoiders evinced con- siderable firmness and demanded full pri par- ticularly for the Summer months, which attr more attention than spot lots. We note a sale since our last of 40 rolis of domestic cloth, tor the Summer months at le. We quote :—Domescic cloth, lsc. a U'yc. spot, aad 1éc. for futures. Kast India Cloth nominal at about Ile. Bags held at jc. Hee axp Jure.—We have no change to note in the jon of the market tor hemp, it, having ned juli and nominally unchanged tor all descriptions, Ma- nila held at W3gc., gold, at which price the last saies were made, Jute Was likewise neglected, but steadily held at 8c, a So., gold ; sales have been inade since our last of 300 bales of rejections at 2%e., currency. Jute butts sold in a small way, the sales aggrezating about 750 bales at 24c., ys. 41, and, with slight con- cessions granted, brewe been tempted, to buy only as their immediate re jemand. ‘The current prices were : . a or prime State, Eastern and Western; 5c. a dle. for California, dc, a Sc. tor Bava- rian, 5c. a 40. for English and S6c. a 40c. tor Belyian. STRAW, or a contiliual fair demand the ruled firm, with Tull former prices readily We quote:—Shipping hay, $1 15, trom store ; tions, $1 30 a j salt, 8c. a ‘Long rye straw, $125 a $1 36; short do., $1 4 $105; oat, $e, a $1, and wheat, 7c. Mo.assks.—Aside from @ moderate jobbing trade in do- mestic we learn of nothing of importance. Prices re- mained nomina! unchanged. We note sales of about 8) 1 New Orleans at «rom 7c, to S5¢, 0 entrifugal and mixed Cuba, red. veegoes Cuba muscovado, refining 70; clover, Ye, a $1 is. ns. . New Orie MeTAts, limited 4 a S6e., Cash. For future delivery there was a large busl- ness transacted. The sales are said to aggregate from 6,000,000 to 3,090,000 Ibs, lake for Summer arrivais and de- livertes at s0c. Spelter remained firm at7}gc., gold, tor lesian, With sales reported of 100 tons of 8. 8. Stollin gold. Tin was quiet. Straits and English quoted at scriptions, was very quiet; strained quoted at $360 9 $s We have only to note sales of two cargoes at Wil- mington for March shipment, aggregating about 6,00) pe, ‘on private terms. Tar and pitch were also quict 1. Linseed has sold ine jobbing way only, yet full prices were demanded. Crude whale and sperm, were very quiet, but, aot essentiaily changed in price.* Lard oid and menhaden were in moderate est a firmer. Other otis wer quote :—-Linseed, ¥ic. im casks and 9% " sperm, 81 524 A $1 55; natural Winter, $1 70; bie BUT w Sl Pe erude whale, 7c. for Northern, 6c. 8 6c. fox Southern, 72. oie tor natural Winter and 7dc. a 90c. fof bleached} lard, 68¢. a 70c. for prime Winter and 65c. for No. 1; menhaden, 6c. a 2c. tor selected light and Suc. for choice brown: crude cottonseed, S4gc. a #6c.; neats- tootlubricating, 2 1a $1 40. Pernoweem.—The market for refined, according to re- rt, continued dull and nominal. Still we are informed By'oumne brokers that quite a iarge business is consum- mated daily. Brokers, however, will not report their sales, giving as their excuse that others do not and they Carnot, consequently we can give but an impertect idea of the state of the market and nomine) figures to ahe public at large. On 'Change to-day refined was quoted hominally at 18%e. for spot or balance of month, Crude in bulk, at 34c., Cases at 26c. a oss, ; and naphtha at Lie. for Western and I4e. for city. At the creck the market re- maimed dull, quoted Sh $2 Won both roads and $225 at* ‘Ol City, ¢ Philadelphia market was reported inac tive and nominal; refined quoted at 17 }ge. spot and Le, * for remainder of month. Later we heard ot sales ot 2,000 bbia of crude, in bulk, for prompt delivery, at Shc, ql Provisions. —Recelpts—Pork, 1,627 bbis. ; beet, 023 pack- ages; cut meats, 28620. ; Jard, "S191 bia and terees and 300 kegs. The ‘et ior thess pork has been mode- ly wctive and conti aed firm. We heard of sates of i pis. for April at $1575 and 28 bbls. for May at $15 75, 100 bdIs. prime mess at $12 cash, GN bbls, do, for aka and Jo brine Mess spot, on private laxuas, Geran Baltic, | but | . Bes re at i ao Sit i a tor prime do., tierces, a for India do., tierces. Beef hi were inactive, hut gee steady, within the range, $29 a $33 for Texas and . Cut meats continued ed views of alders at 6h and Di ‘Quotations for eiher kinds remained nominal Lard—The ket for western. under a con- id frm. é sales include 1.20) tierces for April at ore. mar! tinued good demand, remaine 000 tierces for March at 8 9-i60. ths for ‘Sa bgen’ hy ard wat dil abou s for June al - 5; " Dae, tinued firm at 7c. tierces sold at 8c. 8 contint to light eit, and 6Xc. a 7c. for e a 46 tor Savy rn, has been moderate to-day, but the market Wassteady. The sales were only about 35 tierces of Caro- lina at 8c. a 834c., and 15 bags of Rangoon at 6%c. a 7c. Suga.—The market for raw was dull, buyers evincing no disposition to. rate. Pri were nominally the same. We have only to noto a sale of 60 bhds, ‘of Porto Rico at %¢c. For refined the market was quiet and not yonanged asto prices. We quote :—Cuba—Re- ferior common, 7c. & Be. ir to good fair, oe oadite, pried Sige: a Hs BEycery, fate to e.; prime to choice, Ic. a 9c. : centrifu- a, hid’ and boxes Gio, 9c. ice hhds. and e Li fining, in boxes, 7c. a 8'4c.; mMelado, 4c. a Oe. Navana—Boxes, Dutch’standard, Nos. 7 to 9, c. ; dav, 10 to 12, 8% a 940. ; do. 13 €0 15, 9! to 18, do., 19 to 2, Ile. a 1Ke,; white,’ 10%. Rico—Refining, common to. prime, 7360. fair to choice, 8%e. a Sige. Brazil—Dutch standard, Nos’ Sto 12 Tie. wBiqc. Java—Dutch standard, Nos. 10 to 12, c. # 90, eros. kanmped: bay been quiet since our last, with prices ruling just a tritle caster. Sales were ropotted of 000 bags to arrive, per Beaumaise Cust at $2 65, gold, 9) days. Clover has been in lessurgent request, but about steady asto vaiue. ‘The sales for the past three days will not exceed 1,200 bags, at 8c. for poor up to 3icc. aS\e. for prime to choice, Timothy and rough flax were held nominally as betore. Tonacco.—The inquiry for Kentucky continued light, but for other descriptions the demand has slightly im: Proved. Prices were steady, We hoard of sales of 100 Cases, Crop 187), seed leaf sundries, 9¢. a L2e, ; 100 do. Is71, o., 550. a Ge, ; 300 do., do., Wisconsin, 9. a 90. ales Havana, 9c. @ $1 10, and 100 hhds. of Kentucky at Tigc. a Le, TaLLow continued quiet but firm. Sales 50 hhds. of city atde, Outside quoted at 8% a 87%¢ for good to choice. Wiiskey.—Roceipts 689 bbls. ‘The market was steady at $2¢, with sales of 250 bbls. at that price. Woot.—The market has remained about in the same condition as hitherto noticed. The auction sale yesterda: was largely attended, but the qualities of wool offere were generally poor and brought low prices. ‘The sale has had no apparent effect, as yet, on the markot and rices remain as before, — We heard of sules of 1,100 Ibs, ‘ail California at 28e ; 15,000 315,000 Ibs, pulled 3d0., Tose. a 10%e. 5 & lige. Porto 84%c.i grocery Wool. 45 a 55c; 40 bags super, do... 480; 46 bales Montevideo, 4 3,000 10,000 Ibs. xx Ohio fleece, 62¢ ; 6,000 | 3 16 bales sore do., 386 ; 2,500 Ibs. Texas, 20c ; 50,000 Ibe. foreign; 5.wo bs, Ohio fleece ; 15,000 Ibs. Colorado, all on private rns, DOMESTIO MARKETS, Gauvestox, March 7, Cotton steady; good ordinary, 16%c.'a 16c. ceipts, 842 bales,’ Exports—To Great Britain, 2,024 wise, 2838, Sales, 80, Stock, 71,443. Weekly ceipis, 7,704. Exports—To Great Britain, 4,64; Continent, 1,150; cbastwise, 6,901. Sales, $350, ew OnveaNs, March Cotton in fair demand; middlings, 19. a 1! cceipts, 10,605 bales; gross, 10,990, Exports 2,000; last evening, Stock, Weokly Net rectipts, 41,507; gros, 43,038, Exports—To Great Britain, 14,197; ‘to the Continent, 3,910; coastwise, 6,183 Sales, 33,000. March 7, 1873. middlings, 1 low middlings, ‘good ordinary, 173 Net receipts, os, Ls. Exports coastw , Weekly—Net receipts, 13; coustwise, 3,84 Savannan, Mareh 7, 1873, low thiddlings, 18% ‘dinary, 16%4c. Net receipts, ‘continent, 2,754 astwise, 2,049. . Weekly—Not receipts, 6,311, Ex- n, 2,600; to the Continent, 6,681; 7,397, re Monte, 19\je. bales. Expor Sales, O47, St ports—To | Gre, coastwise, 5,061, Crrantestox, March 7, 1873. Net recelpts, 376 bales, Expo ast~ re- * Winainaron, N, Spirits of turpentine steady at $3.05 for strained. Crude turpentin hard, $8 for yellow dip and old virgin. 75. at $2 Loursviz.te, March 7, 1873. Tobacco active and strong. Sales, 240 fihds. 5 Oswrao, N. ¥., March 7, 1873. Flour steady _and unchanged; ‘sales of 1,200 bbls. at $875 for No. L Spring, $9 75 for amber Winter, $10 for white Winter, $11 for’ double extra. Wheat scarce and the market qui Corn duil; sales of State at 59, F lower; sales of 1,500 bushels State at dlc. a 42c, in demand, but no sales; Bay Quinte held at $1 10. Corn meal—$1 20 for bolted, $1 lor unboited per ewt. feed un rs jorts, $l; bet cg 22; middlings, 23 per ton. Railroad freights—Flour, ‘to Philadelphia, Gle.; to Boston, 7Zc.;to New York, 62c. Burrato, N. Y. Flour quiet; Western Spring. $7 50.0 $8; amber Winter, $3.) a $9 25; white Winter, $9 50 a $10. Wheat dull; bet- ter feeling; sales small lot Milwaukee N. i a $1.60; quoted Milwaukee No, 2 Spring, $1 60 March.7, 1873. Rosin dull at steady at $3 tor Tar higher; sales to Albany, 54c. March 7, 1873, 2 Spring, $1.50; Duluth No. 1 Spring, $i 68; white O $175 a $1'83; white Michixan, $1 80 a $1 95. Corn, steady; sales 4,50) bushels Western on track | at Sle.,; KO bushels Western in store at Sle. Oats quiet; mates G90 bushels white rulxed in store at 2c.) Ryo Sales nominal at 85 Barley active ; sates 3,750 bushels Canada at $1 quoted Can- ada, 9c rowed State, 7 f rley malt quiet; We: ‘a $110; prime Winte ri, $110 a $l 15; r prime Canada, $1 20 a $125. Rye malt—Sales nominal at S5e. The balance of the market ts unchanged. March 7, 1873, pened Flour quiet and unchanged. closed dull; sales. ot No; $1 21%, cash: $1 2344 a $128 at $1 10a $1 i0ls; reiectod higher: sales of No. for fi h r i ed firm, but c! N Fall, Se. a Gle. for No.3. Pork steady $145 a $14.40, spot; $14 57, seller April; $1475, seller May, Lard rene, at $8, cash; $805.4 3510, seller April. Bulkmeats in cood demand ; sales of shoulders, packed, at Sige. ; short rib middles, packed, 7}gc;_ loose, at Peoria, 7c. Dressed nom dull and declining at $555 Oe gh for Can 1% lots. Whiskey firm at Sé1gc. Receipts—8,500 bbls. flour, 26,000 bushels wheat, 92,000 do. corn, 82,00) do. oats, 4,000 Uo, rve and 13,000 do. barley. Shipments—10,000 flour, 11,000 bushels wheat, 12,000 do. corn, 23,00) do. oats, 1,000 do, rve and 20,000 do. barley. EUROPEAN MARKETS, Lonpon Money Marker.—Lonnox, March 7—5 P. M.— dat 924, for both money and the account. | urities unchanged. Erie Railway shares, | pls oe d at 925, 2 9234 for money and the ac- count. United States five-twenty. bonds, 1506's, old, 93%; 1557's, 9814; ton-torties, 39%; new fives, 93, Panis, March 7—P. M.—Ientes closed at Liverroor Cotrox Manxet.—Liverroot, March 7—5 P. M.—The market closed quict. The sales of the day have been 10,000 bal cluding 1,000 tor speculation and ex- port. Of the sales 6,000 bales were American, Sales of cotton oP, «1 from Savannah or Charleston, March and April, at 9%-16d. Sales of cotton shipped trom Savannah or Charleston, uary and March, ati. The stock of cotton at'sea bound to this port is 459,000 bales, | including 278,000 bales American. To-day—Middling uplands, 9%d. a 9%d.; middling Orleans, 974d. 4 104. The sales of the day are estimated’ at 10,000 | bales. The sales ot the week have been 78,00) bales, including 6,000 bales for export and 5,000 bales on «pecnia: | ton. The stock in port is 584,000 bales, including 265,000 bales American. The receipts of the’ week have been 137,000 bales, including 116,000 bales American, Actual export, 7,00) bales. eRPOOL BREADSTUFFS Manker.—Liverroot, March M.—The market is steady. Wheat, 1s, 9d. a 123, litornia white, a 128. 4d. a 1s, for average Ci he three do. The receipts of corn f cl hd. for club days have been 20,000 quarters, all of which we: can. Clover send, 42. 4 408, 0 40s, Od. per wheat for the Ameri- 45s. per cwt. for American. Peas, uarter for Canadian. The receipts of | past three days have been 24,000 quarters, | American. STkR.—LiveRPoot, March 7.—The mar- | abrics at Manchester is quiet and un- ket for yarns an changed. Livenroot Provistons Marxet.—Liverroon, March 7— {.—Bacon, $63, per ewt. for Cumberiand cut, Lard, | 6d. per ewt, Bacon opened at 36s, 9d. and closed at | va. per ewt. for short rib middles, Bac: 94, per ewt. for Cumberland cut. Lard, 30%. per cwt. Pork, 50s. Gd, per bbl. for new. ‘oo. Puopver Manxet.—Liverroot, March 7—5 M.—Refined petrolenth, 17d. galion. Tallow, | 428. Od, per cwt. Common rosin, 9s. § P Lonpox Pro Manker.—Loxpox, March 7—Even- ing.—Spirits turpentine, 47a. per ewt.. Whale ot. | £40 Ws. a £Al per ton. Rosin, 10s, per ewt. for common | and 14s. a 10s. for fine. | Perouret Market.—Lonpox, March 7.—Refined pe- | troleum, 178. # 17%. per gallon a BINANCIAL, 4 UGUST BELMONT & CO, t Bankers, 19 and 31 Nassau stree insite Traveuters Credit avaiable in al id, through the ere OE Nessrs. DE ROTHSCHILD and their correspondents. ‘Also Commercial Credits and transfers of money on California, Europe and Havana. A ‘ONTRACTORS, MERCHANTS AND BUSINESS A. men having ‘Business Paper to Sell or Discount, 4 and having First or Second Mortgages or other colfater- als to pledge as security on the same, can be accommo. | dated with all the Ready Cash required at lowest market raies. Address MERCHANT, box 117 Herald Up Town | Branch office, 5 r cw ) ty parts of the ‘| | | A ae oka & CURRY SILVER MINING No. $l.coin per share for $10 per share old issue, eaeee March ay coeuaiein Payment may be made at agency Bank of California. agency NAM LERS & WALLER, 89 Pine street. A® * THE TOWN OF WEST FARMS.—THE unde ag Supervisor of the town ot West Far hereby certifies that he has a speaial deposit inthe Na- uonal Citizens’ Bank in the city of New York of all moneys raised to pay the princtpal and interest of the | bonds of said town of West Farms and the undersigned | further gives notice that the prine and tn of said bonds will be paid at the said National Citizens’ Bank in the city of New York. CHARLES W. BATHGATE, Supervisor. Manon, 1873. Al STOCK AND GOLD PRIVILEGES. Varties wishing to speculate can do so safely and with small capital by a Write or call on ’ HASKINS & BRAINE, 11 Broad street. Explanatory circulars mailed on application. BroKex NATIONAL BANK NOTES BOUG! Three per cent premium. Per oon PL HAVEN & BRO., j 40 South Third greet, Philadeiphia, He ©. CROSS, 2 BROAD STREET, NEW YORK tdoor. | Ee NEGOTIATED ON RAILROAD SECURITIES ‘ORTGAGE, WANTED—PIRST OR SECOND, ON IM- ROBERTSO: 19 West Thirty-fifth street. FINANCIAL, YFICE ERIE RAILWAY COMPANY. r O Naw Youx, Feb. 11,1373, ND.—The directors of this com IVIDEND. » dire or ile company hare. six months ending 3lst ‘one-half per cent on the prefer dend of one and thre¢-quarter per cent on the common stock, from the earnings of the for griing Deceinber 31 last, both payable on the 15th larch next, at the office of Messrs. Dancan, Shi Co. No, IY Nassau strect, to the registered of the books. The Transfer B for both preferred and common stock will be closed at the close of business on. Satonday. migening tne ii of ices Sem Come aml By order of the Board. een H. N, OTIS, Secretary RIENTAL SAVINGS BANK, 430 Grand strect, Open daily from 1) to 3, and Monday and Saturday evenings (rom 510.8. Interest on nw deposits begins 16 ofevery month. Dividends in January and July. en Kurope sold. Ww? HAVE Money TO LOAN ON crry, BROOK yn al ueens county Property; chase of good Second Mort, ‘A eT eee eee SAWAID & LEAVITT, 54 Wall street. AND $6,009—EXECUTOR’S MONEY.— $5.000 ons ta sos4 2 City Improved Prop- i required. Cry | Dosilively 0 Rone A AUT Wr HOW, 12 Pino street. ,OAN WANTED—FOR A YEAR OR $100,000 . H., box 5,057 Post office, more, upon ‘gape security, Address jew York. 200 00 TO LOAN—ON BOND AND MORT- . gage or to buy First and Second lorteages. Apply at once to S. FREIDENROTH, 906 and 998 Third ave! be ‘0 LOAN—ON BOND AND MORT- $350.00 gage ‘on New York city, Brooklyn, jewark and Jersey City Improved Property.) WELL & SWAIN, National Trust Company Building, 252 Broadway. COPAR’ NERS HIPS, 4 Nag PARTNERSHIP HERETOFORE EXISTING BE- tween William H, King and Leopold P. Mollinari this day dissolved by mutual consent. The business the late firm will be carried on by 1. P, Moltinari. M. H. KING, L, P. MOLLINARL Dated Manon 7, 1873, NHE COPARTNERSHIP HERETOFORE EXISTING under the firm name of H. Thiry & Co. is this day dissolved by mutual consent. GH. THIRY, GEORGE LEWIS, a oo REAL ESTATE MATTERS, At the Exchange there were to have been two sales held {yesterday, but both were, postponed® to another Jay. in this direction, therefore, traMc was quite slim. At private sale, however, trans- actions were more active. We have received the following reports : BY LESPINASSE AND FI plot w. 8.8) ey sis., 300x100. 10) acres dt Hicksville, 4 lots, enc westerly li 2lots s. 8. 94th st., 250 f BY IKE 4s. b. 8. store and 1 347 Robert Marshall, Jr. BROOKLYN AFFAIRS. Scarlet Fever in Brooklyn. ‘There were forty-one fatal cases of scarlet fever in Brooklyn during the months of January and February out of ninety cases reported—a decrease of 177 when compared with the cqrresponding months of lust year. A Hasband Contesting His Wife’s Will. Thomas Nobie, of New Lois, L. 1, is contesting the will of his wife, Sophia Krober Noble, which has been offered for probate in the Brooklyn Surro- gate’s Court. ‘The will, which was made on the 13th of November, 1871, bequeaths the testator’s. property, amounting to only about $3,500, to several suburban Methodist churches aad to Sophia Alt- maniterger, of Washington, D.C. Mrs. Noble died in December, 1 ‘the tormal objections of the contesting widower have not yet been fled, but té is intimated thi the wile was inflnenced by the pastors o! the churches in question when she nade the bequests to the churches, and that she was. laboring under the effects of liquor when the will Was executed. Stockholders in the Hast River Bridge. © Mayor Powell yesterday stated in reference to the proposed amendment to the bridge charter providing for flve representatives from each city in the Board of Directors, instead of three, as now, that the amendments in question had been tatro- duced to increase the influence of the two cities in the Board, and to make public what had hereto- fore been kept to a great extent private. le did not doubt but that the two cities would ultimately take the whole or tie stock, and he thought New York would move in the matter before the end of the present year. Tberé was not a man in the company to-lay who would not be ready to trans- fer his stock “‘when the proper time came,’’ for, said the Mayor, “they nad not entered into the enterprise jor the purpose of making money.’” Comptroller Schroeder thinks that if the manage- ment had always made everything they had done public they would never have become objects of suspicion. The Ultimate Tricks of the Trade. A tall young Scotchman, apparently a sailor, stepped briskly into Thomas McDouald’s dry goods store at the upper part of Fulton avenue, and, opening his coat, exposed a shaw! which he offered. for sale to the proprietor, intimating that it had been smuggied from a European steamer, A parley ensued between storekeeper and pedier, which resulted in a disagreement as to the price and the arrest of the latter on the charge of ped- dling without a license, The prisoner, who gave his name as Patrick McCormack, was taken before Chief of Police Campbell, yesterday forenoon, when it appeared that he really did have a permit, and that he had himself purchased the shawl from a New York house whose business card he ex- hibited. The “smuggling” part of the business Wus only resorted to in order to induce storekee| ers to parchase—in fact, “a trick of the trade.” McDonald was greatly crestfallen at these develop- ments, but insisted that McCormack was doing business under {alse pretences. The enterprising pedier was discharged. A Contractor’s Pleasantry in the Waliae be bout. The dead animal nuisance has been revived. George Swift has been awarded the contract, at $40 a day, for the removal of dead animals, and when he attends to his business the carcasses are taken down to the dock appropriated for that pur- | pose in the Wallavout and thence removed in Darges. Of late, however, dead animals have been carted down to the dock and accumnulated there until, despite the cold weather, a stench has arisen. from the festering pile which has become almost intolerable to the peopie in the vicinity. Acting Captain Campbell, of the Fourth police precinct, Who made an investigation of the place, reported yesterday that jound fourteen dead horses lying on the pier. The contractor’s workmen, liowever, had begun to heist them on the barge used to take them away. Attached to the same pier Was a scow, partially covered, which he was informed had been continually used during the past five months for the recep- tion of night soil and which had nob during all that time perceptibly settled in the water and been sufliciently iiled to require re- moval. It would appear from this statement that there 1s an Opening in the bottom part of the scow, through which the night-soil escapes into the water as fast as it is deposited in the vessel. The only explanation which the contracter attords oe ithe dead animals have not been promptly remove is that the ice bas prevented him from getting his barges in and out, Mr. Swift denies,that any such means as indicated above are used in the scow to allow the night-soil to escape. A Newsp: rv Office Seized by the Shere iff—The Greatest Number ot Libel Suite It is now more than a year since @ libel suit for slander was brought against the proprietors of the Watts. Edwin James conducted the prosecution with C. H. Winfield, and the jury rendered a ver- ing damages at $3, The defendants carried the case into the Supreme Court, and bad it put of from term to one, when the verdict of the Court below but the damages were reduced to Justice Beasley rendered the decision. Yesterday Sheriit Reinhardt preceeded to seize the effects in Mr, Dear, refused to jamages and costs; but finding that the rif was inexorable he re- ‘This suit is ouly one of half a dozen ther same paper, and it is regarded as a test case. Mr. same libel, and Mr, Woods hag another suit. Mra Watts will bring a suit fer each article in of severfl weeks. As the test case bas been decided the gross amount of damages will be very heavy. * ainst the proprietors for libel, #0 that altogether ul nutaber of tet suits atone time ts absolute! ing were to result in the saime amount of damages al CoRts an that just concluded (ae total amount member New York Stock Exchange,’ will buy and sell Privileges on Commussion: first class ‘references, At the Exchange from 10 tou, Inquire at Brond stre «tot ved collaterals. MUt OWN OPPFOT SAN B. MURRAY, 98 Broadway. M ved city Property for about $12,000, in return for astyllen, now Rest Moo th the heart of Pouaithecpele, N*w YORK STATE GOLD SIXES—DUE 1887, FOR | la GWYANK & DAY,.16 Wall sect, THE JERSEY CITY LIBEL SUITS. on Record. Beening Journal, of Jersey City, by Mr. J. We dict for the plaintiff, assesst 500. term’ till the present haa ent susi $1,000, Chief the orlice of the paper, Sy eee the proprietors,, luctantly handed over @ check for the Cg) Watts’ brother has a suit pending for the Which the libela were continued, covering a period In addition to this there are four indictments without a precedent. If the ctvil suits now pend- Would reach $20