The New York Herald Newspaper, March 14, 1873, Page 8

FINANCIAL AND COMMERCIAL, Sudden Relaxation in the Money Market. —_—+———— The Rate on Call Declines from 1-16 a, Day to 5 Per Cent Per Annum. THE LEGAL TENDER RESERVE Backing and Filling of the Treasury Department. soli The Street Puzzled to Compre- hend Treasury Policy. GOLD HEAVY AND LOWER. A Drooping ‘Speculation at the Stock Ex- change and a Decline in Prices, with a Reaction at the Close. Lake Shore Exceptionally Strong in View of a Contest at the Annual Election. eg Se Decline in Government Bonds—The Railroad Bonds Active and Firm—The Bank ef England Rate Unaltered. WALL STREET, } Tnurspay, March 13—6 P. M. a "Change to-day cotton was only in moderate Wequest, and lower for both spot and future. ¥Vieur, wheat and corn were dull, but not materi- ly changed in price. THE GOVERNMENT GOLD SALE. There were nineteen bids for the government eld, at prices ranging from 114.51 to 115.07, the amount called for being $2,945,000, The sale, which ‘Was confined to the advertised $1,500,000, was made at 114.92 to 115,07, THE FOREIGN MARKET. The London quotations show a bigher and firmer market for consols this evening, as if prices had been strengthened by the reported retusal of the Queen to accept the resignatien of Premier Giad- stone; but some of the improvement is doubtless @ue to easier money in London, although there is a decrease of £257,000 an the weekiy bullion ac- count of THE BANK OF ENGLAND. The latter fact is doubtiess the explanation why the minimum of the rate of discount at the Bank ef England remains unaltered at 33. per cent. United States bonds were better in feeling, and in Pome cases in prices to the extent of 3, per cent, Erie shares were unsettled and strong, and after an advance to 53 closed at 62%. The new French Joan Was quoted steady at 644 per cent premium, ‘but French rentes in Paris were lower at 56.50, MONEY EASIER, ‘The money market opened active, if not strin- went, and a good deal of business on call loans was d@one early in the day at as high as 1-16 per cent, equivalent to pretty nearly 23 per cent per annum. This was the extreme, however, on the side of high rates, for the market, alter a speedy relaxa- tion to the familiar 1-32, and an intermediate recur- ence to 1-16, weakened unti) loans were made at as low as 5 per cent ip pienty Of time for bank ac- eounts, the rate CLOSING AT 6 PER CENT at 3o'clock. Commercial paper was neglected, but qeoted a 9 a 12 per cent discount for prime names. Foreign exchange was lower to the extent of 4 per cent for sight sterling, the prime rate for which was reduced to 108%, the sixty-day rate re- ‘maining 108, The market was dull, with the actual business, Buch as there was, at a concession of 4 a Je Upon the & king rates. The contraction of the margin between sight and sixty-day bills to \ per cent is an approach to an adjustment of the real difference between them, which, with the Bank of England rate 335 per cent, ought not to be over 5 7 brasil GOLD LOWER—1154{ A 114%, The gold market was heavy and the average quotation was lower, a few sales being made at a @eciine to 114%, but the last price was 115, which eontinued to be bid. The weaker temper of the market is referrible to the reduction in the rates for sight exchange and also to the large exports of domestic merchandise. The course of the mar- ket, which seemed wholly unaffected by the Wash- ington telegrams about the increase in the legal tender currency, was as follows :— «11555 2 P.M... ns . 118% 3P.M. nb . 5 P.M rad sees Hes “ 0 P. M. 115 4P.M. ba ley . 4% In the gold loan market the rates ranged from Sper cent per annum to 3-64 a day for carrying, The operations of the Goid Exchange Bank were as follows :— GOld Cleared ...eneerer+ Gold balances... + 1,921,147 @urrency balances 2,699,805 ‘The Sub-Treasury paid out $16,000 on account of dmterest, and $2,500 on account of redeemed five- twenties, worse $34,871,000 SOUTHERN SECURITIES DULL. ‘The Southern State bonds were exceedingly dull. The Tennessces were strong and advanced to s4, which was bid at the close for more. The Missouria old Off 10 93%, but rallied toa. The new South Carolinas were offered at 19% in the forenoon, but ‘were heid higher at the last call. The old bonds were offered at 40. New North Carolinas sold at 37%. The following were the closing quotations :— Tennessee, eX coupon, $4 a 841 new, 84 a 66%; Virginia, ex coupon, 45 a registered 0)d, 37 @ 42; do., BIX€S, Consolidated bonds, Ba 86%; do. sixes, deferred scrip, 14 @ 16; Georgia fixes, 70a 80; do., sevens, 87 a0; North | § Carona, eX coupon, 30 a 83; do. to North Caro- | _ lina Railroad, 60461; do, funding, 1800, “do., fanding, 1868, 17.822; do. new, 17 4 special tax, 13 215; Missouri sixes, 03)4 a 93% Hannibal and St, Joseph, 903s a O14; A dives, 65 a 60; do. eights, 80 455; South Carolina @ixes, 30 a 40; do. new, Jafuary and July, isa 20; do. do., April and*October, 20a 22; Arkan- Bas eixes, funded, 39 a 45. THE RAILROAD BONDS, The railroad bonds wero more 4¢tive, with & Wider inquiry, Fort Wayne firsts sold at 10515 and Erie fourths at 994. Union Pacific firsts were Reavy and lower, but the land grants were higher and firmer, Central Pacifics were steady. The following were the bids at the regular call as amended by prices in subsequent dealings :— Rew York Gen (5 1P88. dy i |, Lack & W Is Rew York Gin Os iti." Del! Lack « W ta New York Gen (r.re.. 89 Del, Lack a W's con, New York Cen €s.sub. 67 Toi & Wab Ist m, ex Ere iv w, extended. wag Tela Wieem, Bel 1 ttn, ‘endorsed. To! & Wah 2am... ‘Tol & Wab con eo Han & Naples Ist im. Gt West Ist m 188s, . | Quincy $101 Ist, 990.2 balena & Chi Chie Tabac Morris a Suns ist ond... 96 K ist in, 77. 4 t Bariem 7's, | Alb & Bus 26 bas. gna Bue ta ba spe eqthd. os itts 2d m) tts 34m a> Poe he thore aw bd: ¢ Shore con ¢. Bt P ist m, Lac De 90 St P istin, 1 & MD bosy Oe ee ae NEW YORK HERALD, FRIDAY, MARCH 14, 1873--TRIPLE’ SHEET. Paetfic ine Wis Ce fre 0... bi ya Cont Oe cr Beilv'i det wm 8's 100 War Land alt, Tom 100 Fenn Cosi 21th Ter Hl de any ine 0 @hie &N Ws te) 98 od Chic &N W con bds.. Chic & N Wexten bia ‘a Obie & N Wastin 6) 4 Han & stJe ig., 10g Bur, Ra M 7s, iste. #6 i GOVERNMENTS DOWN. 200 Theyovernment boed market, which was heavy Bo ‘at theearlier boards, became weak at the last cali, | 1:0 } When there was a sudden decline to 116 in the 07's, ‘Use 64's selling at 116%. The other issues were & a 3 Mower, the currency sixes beingoffered at 118%. ‘The decline is attributed to the generai fact of the oeming change im the Treasury Secretaryship and % part to the issue of additional paper money, -b 40 Mor by ouasex ae. 50 60 700 10 wy 5 ett ‘which latter, under the terms of the Public Credit Mo Mic fen ‘cen RR 8 So” . rid % 8% Act, must be convertible into coin at par before | 1 pac s'sco pong ee OB Hs] the government is allowed to anticipate the re- | 400 — do. + oa 400 f emption of the funded debt. Hence each io a9 is ID INCREASK OF THE CURRENCY Boe Se > Ft is a fresh barrier to resumption anda protraction | 200 4 4 as oH) BY Of the suspension of specie payments, The follow- rd i Fe bd i ing were the closing prices:—United Staves cur- | 60 oan Bi Yency #iXes, 113% a 113% ; do. @o,, 1881, registered, | 200 BB, 20 cH 116% @ 116% 5 do. do, coupon, 158% 0 118% ; do. tive | 300 ery “sox twenties, registered, May and November, 1153; @ | 200 . 573% ¢ 85 115% 5 de. do., 1862, coupon, do,, 1153, a 119%; | He © Bis a. Hei lo. do.,, 1864, do, do, 11535 9 11%} do., do., 1605, | 200 oe oe do, d0., 11634 a 116% ; do., 186%, registered, January | 300 87% 300 i and July, 114% a 114%; de, do., 1865, eoupon, | {i} ag 14 4 4O,, 11434 @ 114% ; do, do., 1867, do, do., 116 a 116445 | 100 57 4 do, do., 1868, do, do,, 116 811635; do. ten-‘orties, | BO vy MO pag fh Tegistered, 11014 @ 110% ; @o. do., ‘coupon, 110% a oy do iat 110%; do. fives Of 18#1, registered’ (not quoted) ; | j.99 aot: Woy i do. de., coupon, 113 a 1134; Central Pacifle gold 12315 and 2115 P.M bonds, 103% a 104 $3000 US 6's = 11834 $6500 US 5-20, c, V7. STOCKS HEAVY AND LOWER. erica Hee be uss ‘The stock market was heavy and gradually | 30000 Ha BOI UN bs, 10:40, drifted to lower prices, the decline being helped by 12:30 P. M.—Before Call, ‘a further fall in Pacific Mai), which went off to 563. ‘The weaker tone of the market was due to the de- morailizing effects of the successive inflation and contraction of the currency by the Treasury De- partwment and tbe uncertainty of the street as to the real position of affairs. At one time it was stated that 100shs Maryland Coal. 16 West Uni Te do.. do. 100 shs LS & MS RK.b3. 1000 0... 04.000 Psd 200 100 400 100 Pac 200 THE TREASURY had begun to contract again, and would have ali the new issues of currency withdrawn by the end ofthe week. This announcement and the coinci- dent tightness of money caused the depression of the market to the lowest prices of the day about two o'clock. Still later came a positive and what seemed a reliable assertion that the currency had been expanded half a million more to-day (making two millions in all), whereupon the market cheered up and recovered some of the lost grow Wo do... wwCa KIRK, 100, a0.. Second Board—1 P. M. ut Wells-Fargo Ex bz $2000 Missouri 6's, 100 NY C & HARK: 1. | 20000 MASP Ist,Io ¢ ‘These remarks apply'to the general market, but | jit Un Vac stn OP ca ust? ¢ ‘ ce, S000 Lie & Nasi 6, 148 not to a few features, such, for instance, as $000 C0 a 1G ist in .b3 LAKE SHORE, G000 Mich Sou 2d mt... 2000 Cen Pac gold bds which was strong throughout, and advanced to 96 ‘she Bik of america. on purchases by parties anxious to retain control | 25 Bank of Republic ofthe company at the annual election tn May | /0)ConCodlel Md... hext, for which event the books will probably thy West v el be close @ month or $0 in advanee, A disposition to sell the stock on long sellers’ options was re- garded as the counterpart to these purchases, in so far as the transactions secured a market for the stock after the books close. The weaker look of the epposition to the foreclosure of the Boston, Hartford and Erie mortgages cansed a decline in the stock to 7%. Union Pacific fell otf to 349 and Western Union to 85%, as if the heretofore adherents of both companies had been transferring their inter- ests to Lake Shore against we expected struggle for control at the coming election, HIGHEST AND LOWEST PRICES, "The folowing table shows the highest. and lowest prices of the principal stocks curing the day :— Lowest, a4 cua & MRR... New York Central 105 Erie.... 4%, Lake Shore. ong Wabash... is 73% | aN New Cen Coa: Northwesiern transactions) *s Adams kx Co Northwestern preferre bY BOL, 2130 to 4 P, M. Rock Island 115% | g43000'Tenn 6's, new.. 8 —700shs Un Pac RR. St. Paul...... $435 | 10shs New Cen Coal. er uaa RR. St. Paul preferred. 14% | S00 do. 6 RR, Ohio and Mississipp 46 Wnion Pacific 34% ©, Cand LC aay Western Union Tei legrap! N BS 5q Pacific Mail 5655 In Philadelphia Reading was strong and ad- vanced to 1153. THE NATIONAL BANKS OF THE CITY. Annexed is the quarterly statement of the na- tional banks of the city of New York :— Liabititie gets comparisons, Dec, Li, 1872. Fev, 2 $71, Dec. $1,256, 900 Inc.. 22,200 Inc. .5, 875, 700 Dec, . 2,600,500 Inc.. 98,000 8.111, 600,400 158,000 109,689,900 256, 56,000 322,202,900 Resources, 199,934,100 43,205,400 §,487,500 14,804, 500 Tne. $1,938,500 Comparisons, Inc. $8,630,100 Bec.. 798,500 In 167,000 Dec.. 4,022,7 700 520, 264,400 Real esiaie Due from v'ks. Cash items and 18,827,200 Dank notes.. 6,374,000 3,186,300 Dec. .3,187,700 Specie... 13,784,800 14,97 i Legal tenders. 37,485,500 7,461,100 Overdratts, 164,500 "146,300 o ri an ath pt. c & A; Totals, ERIE RAILWAY RECEIPTS, The following is the official return of estimated weekly earnings commencing November 1, 1872:— 1872. 1873, Stx Days, “Six Days. Week ending March 7, 1873.. $336,960 $339,137 Previously reported. « 5,627,087 5,743,242 Total since Nov. 1. Increase for week. Increase for four months and one week to AMC seeeeere . . 20% y gee StJo pf, Lake Shore. loston, HW As, He Union Pacite.: ad a MY UCal ad Northwest'n pt. 894 a 894) Notk.—In these prices yesterday an error was inad- vertently made in the quotation of Western Union, the ficures of which became confounded with those of Union Fucitic. Doubtless the error corrected itgei, Harlem. . SALES AT THE NEW YORK STOCK EXCHANGE, Thursday, March 13—10:15 A. M. 68, $16500 US 5-20, ¢, °67.... 1164 a . 114%, 5000 US 5-20," c, "68... HIG, A. M.=—Betfore C 100 hs West Un Tel. eae MRS Co. Ra Feu Hy we : COMMERCIAL REPORT, ~~: 100 do meres + faa as tton Lower; Receipts at the Porte bid oo 13,003 Bales—Flour Dall—Wheat Nomi- a § nal=Corn Dull— Oats Firm—Pork N00. Steady—Lard Easier—Groceries Quict= tox Voki h Riv 100 « 900 « 1800 do. pig Ene Potroleum Dull—Naval Stores About Steady—Whiskey Firmer, ‘There was no perceptible betterment in the mer- chandise markets to-day, dalness being almost everywhere the leading feature. Cotton was still dull and lower. At the Produce Exchange the dead-lock in breadstufs was unbroken, There was almost no demand for either flour or wheat, for kome use er export, The impossibility of nego: tiating freight engagements was suficient to pre vent of itself any export movement, but there Was no Uemand of moment at any price or for any parpose, jefe was no pressure to sell, however, though holders were willing to meet buyers whenever théte was a probability of consummating business, Corn was alp- Bank e a. i ‘Board=10:30 A. M. vst $0000 Tenn 6's, 014, 100 she NY Cex HR, he 10644 equally dull and nominal. Oats improved 801 T5000 do. oe {00° do. ty 180 whiskey, Provis' ha 1000 Tenn @s, 20 what, as did also whiskey, Provie’ one were 5000 Missouri 8 Pa Sud Va 6's, det. 58 200 dow. Stocco 20NI Con RR 80 brie WR... scarcely so firm, except Pork, WHIM was about the same for jobbing lots. OCees remained quiet and unchanged, Petroteura was dull, but held nominal at former feures. Naval stores were about steady, but quiet, CorrEs.—The Market remained dnil, weak and entirely nominal of all descriptions. We annex our former quotations, as follows:—Rio—Ordinary car goes, ITC. @ 1Bgc.; Mir cargoes, 19. a 19\c.; good cargoes, 19%c. & 2e.; prime cargoes, 2'4c. a Wise. ; ex treme range for lot, 17%. a 2le. Java—Government bags, 2c, a 2ic.; do. grass mats, 2c. a 2e.; Singapore, Tre. aise. ; Ceylon, Ie. a 196. ; Mar sh, new. en Pac gold bds gow Un Pac lst m. 7000 00 do $ 2000 U Pac 10% ipe.. 1000 Chic & N 100 C & RIK Pacts, Laguayra, 183gc. &@ 20}¢c.; 10000 NJ. Cen lat, new. mingo, 1634¢. a I7e.; Porto Rico, 19. a 20}c. ; Costa Rica, 1500 PP WRG st: Ise. a Wye. ; Mexican, I A «Aner ConbaibpelehG ic. ; Angostur con, 18c. a 19¢., gold, per Ib., 6 and 9 days? credit. Cottox.—For lots on the spot, holders were more cp anxious to oblige, and we reduce our quotations Me. per in Livillea con, 88 b. on 0 s 100 vile N con. 88 Ib. on ordinary and 4yc. per Ib. on all other grades. For future delivery the market opened steady, but subse- quently closed tame at a decline of \e. per Ib. I reported on "Change to. ar came Wahi as # Bank of Com with. 6 ‘tral Nat Bk... IM clev Y. Pitts gtd: EXDort. aweveearence core 190 5 200 aN W Ri vi. ‘be ous goanuniak ‘ "Eg f OR KIRK.....de MG” | eee = aoe Le 1 ‘do : ‘0 3 «65 1725 any Spring M 1 J ed 4 HS —Inciud are 1M bales to arrive. For future AW CORE ONW Osi Ole WY oy ‘as gyery Wyasisjow muadlipg) whe sajestave yon wy fol RA uoted at Se. for therces and § i Sipe 717 bales, ‘Wise, 1,08 Se” Post Fagin last evening after three o’cloch—Mi 1,500 at uty Tbe. 200 at 19 9-16, io nett at 1, tary at 19% 16, 100 ie. a at | j March, 800 at 19 15-160. Sak * Be. Ste wt 18 ote Biba. Jialy i at 508 ia 4.700. bales. i = Rae Fa atic, Sho at a ee sc April, 90 at lose, 200 ” Cs wait ite ine 193¢¢.. 100 we ti May, 300 ig int 200.4 30 tars ff sens We. 200 ut ince. HOO at 19 15-160), 800 nt 19%." 3 200 at 400 at at 19 13.160 000. at ‘une, 100 at ‘400 at 20 ic. Bd tlger 1100, OMe 400. at 0 at whyc., 300 at 20° 1-i6e. 1,000 9 2,5 “July, 200 at "20 Flée., 200 at at Bb Site Tao nt. her Machameed 0168 paid to exchange 200 March for May; sc. paid to exchange 100. Mare ADE: Me. pad to exe 000 March for May. Total 18,400 bal les. Grand to! seid 0) bales ae Teogthi yi) ts sum Uy ny ane 7005; Mabie ae Sava ton, 709; ' Witmi . ri Nara 1 (9; Boston, 29. otal! a 471 Taser, This pe, iy met ie , saree to fureiga ports were, nominal at the foll owl igure 'o Havre, by steam, : onipre: remen, by steam, Lge. , mrt ‘a Tied oe aid, We quote _ 2a _ oie nee re based om Be in store a A quality not more than hala grade above or below the grade quoted. Guar Receipts Flour, 4876 pbls.; wheat 9,050 do, ; corn. 00 bbls, and 7 700 in 2790 bushelee barley, Nis do. the tour York, 4 last wee! Ordinary... ey Good ordinar Strict ih Siduiey th 183 dor, midd! Searkef ruled dull ana heavy Motations were little better than nominal, Thi ince our last include about 7,200 bbls, at prices within the ra: tions. Corn, a need, in fair eae, with eat or reported. delivered’ 38 360 89 MO or white Western Brandywine. | We quote :— No. 2 State... uo? eeuBcnreSSSasScwce me FPEFRRSSSSSSSSSSRKSTESSNTE, ‘amily. ke Louis low extra . Bt. Kouwatraight ex tra, . Lous choice double extra, Louis choice family. 01 AD RD SEERED SES DEPED SESE EE DE Puncheons.. 0. —Wheat was dull re nominal at about $1 60 a $i 65 for No. 2 Spring, for red Winter, $1 a $1 92 for amber and a 9 2 $2 IU for white. ‘The rales were ‘at $1 42 a $100, $1.9, Corn w: dull and uncharged, aon bushels at 63x¢; for ol in store, 4c. for high mix: to yellow, for new Western mixed atlo ii a for do, y high mixed atioat, 34. for Western yellow, white, 633¢¢: ic. tor Jersey new on the pier Oats were firm bat on iy, im moderate, request, | The ‘sales foot p bust ely at 47e. w 483gc. for new black a . for do. white, 49. a Sc. for new mixed ce: 48c., on the track, for new West- tate white. Old heid at 62c. in store. Barley— s. 3(K0 bushels of choice Western at $110. Prithe Canada'firmly held at $1 24a $125, Rye remained in- active and entirely nominal. Freieuts.—B ae im the line of berth freights con- tinued ver. ere was but little room offering, and rates we lly unchat Vessels suitable to the petroleum trade were soug! rT to some ezient And commanded about previous satec: Tomnsne aegiene ‘The engage ‘To Liverpool. by steam, 156 boxes baco To If, by stearh, 0 tierces of pect at 7s. 6de- and 100 bbls Pork at os, td, To Antwerp, by sail, 250 boxes bacon at 46s. 3d. ‘The charters include : A Norwegian bark, 630 tons, hence to Havre, general cargo, at current rates; a British ship from Philadelphia to Aniwerp, 6,000 Dbls. refined petroleum at, 7s. 3 italian bark hence to Gibraltar tor orders, 2200 bbls, re- fined petroleum J. Several otuer charters were pending but not ‘closed at a late hour. MOLassks. market lor somige engl snet Mita quiet, but prices were not essentially ch pre tertic meets with a fair Jobbing anguiry a Seanad figures. The sales to-day were about 7) bblk of New Or- lem at from Oe, to Zoe; The, stock this. date, ineloden 4,261 hhds. Jo. of Porto Ric aos of English: Islands, ray 50) bbls. of New Orleans. We quot Ola New crop. ba, centrifigal and mixed... Ic. Fe , Cuba, clayed Cuba, uscovado, refining. = 1e spirits ass ean 1e oneal a jiet, but was about steady at zai noticed ‘yeavarday. We have only to note a sale ot bbls. at G2c., marl et, closing at 2c. a 623gc. Rosin. “~ uiet and somewhat weak. Common ayained quoted at 0 The "ae in. steady in prises, stay eg market for refined remained dull and entirely ni No sales were repor' inthe absence of which we quote at i ally for spot or balance of month. | Cra still held at »» but the bids were not above Bie. ‘ane: ‘were quoted steady at ‘25iac. a 26Me., the hij ner I rice for small lots. Naphtha was entirely nomi ut a 1c. for Western and city. Reports from the "Greek were ot a dull market, with $2 on the roads ene City the nominal quotations. The Philad continued dull; ie soe quoted at 17%c. for earl: jelivery. dot sales io New York of a bbls. high test for Xpru ‘We. pad cargo of 3,000 bbis, standard white tor prompt delivery at 18%\c. 4 $2 15 at ou Puovistons.--ReceiptsPork, eat. 46 pac SF itia" For uses pork the market continved icra Dut . i Ready. We ncard or sales of 280 bia for April and 380 bbls, for May at iq also $00 bbe, of extra a pte m mess rt $12 37% and 100 bbls. of old mess at $15.50. Bacon was easicr and in moderately fair demand, “ane gales were — 400 boxes Western long clear at 7%. ; evening, at the same price ; 100 boxes Fee reariy, boxes of e! boxes of eof $9.0 $11 50 gis a sit for me, extra: ten long clear at 8) AC and ste: for new “pia ney bbls for d>. prime mess, tierce: a for jlndia do., tiercen We Heard of sales of 20) packages within'the range. Beet hams continued unchanged. Quoted at $25 a $29 for Texas and Southern and for ah Bales 30 packages. Cut meats were steady prices sales include : Sa pick Gi¢c., 0 boxes dry salted do. at Gc, Bellies, 16 Ibs, aver at Bisco average, at 10c. ; 0 smoked hams, light wei nth at le for Western was fair, but the ys bg somewhat easier. The sales were :—250 tierces at 8%9c., cash: 150 Hiercea, on the dock, at 8'gc.; 1,000 tlerces, "for April, at sc. ; 800 tierces at 8 9-16c., 750 tierces at 8%c., 200 therces at's 13-16e., 500 tierces, for June, at 9 1-16c., and 750 tierce: for do. at ie, City temaine1 quiet and iinchanged. "i my nol 1d at Brac. Dressed hoxs were quiet, but steady, ge. tor ¢ ‘Fade to-day in both domestic And foreign has , with former prices current. ‘he sales com- pri ee A eros Carolina at Se. a 8% ‘0 tags Rangoon &t 6%. a 7c., and small lots of Patna at 7340. ‘Svuaax.—The demand for raw continued iight, but, the bey fy was vot We heard of sales of 500 hhds. jo, at ye and C3 oxen No. loclayed ate -* Renimed wasnot quitably ebanged in price and only in limited re: Co,, in their Chvular of this date, FeDort the stock, sales and “receipts saiegheiale Hhde Boxes, Bags, Meade Btock @acertained by actual Gomnty incon PhCeUle 74s 20.008 74.664 Le eceipts ince March 1 4508 14,885 94388 Totals . S102 317 Sales since’ March i. S44 INTIS Stock this day, March 13, 1873. 17,282 35,367 70,380 387 oO bomparins ‘with stock, March 14, 14,971 28,876 129,452 944 + 98,808 83,476 47,202 8,514 19.481 84, 7 mae do Dutch ‘tamara, ‘ . & M4e.5 16 to we Bee. ge ; c. & WGC. ; 7 + Sehites Wc. gen. Porta i Rico—Refining, common to prime, 744c. ate cs Brocery, fair ndard, hoice, Hee.a Msc. Brazil—Dateh sta N Tige ashe, ‘Javu—Duteh. standard Now to “to 1 2, BY 4c. Manila—Superior and extra superior, 7Xc. THURSDAY, Mareh 13~6 P, M, age. Ff er NR. —The market saieene asp but unchanged ; ‘ w was also dull. About I ,000 Ibs. sola Ke of Sc, a te: for acca i sk alin 8K mY eceipts, is. 1 market uta shade furmer! sales 150 DbIs. at Yc, weve aah «2 DOMESTIO WGK 10 “MARKETS, PP onmeston. March, 18, 1873. Cotton nosed ood ordinary, * Rote creat Brivainn, 2400; coast. Stock, 68,727. ‘ New Onteans, March 13, 1873, Supply fair: demand moderate ; good ordinary, anidalings, ie. Net receipts, cit bales: gross, ExporteTo reat Britain, 4963; the Continent 068, Coastwise, 1,518 Sales, 1,700) last evening, 9,000, Stock, 192,221, ge omni, Mareh 13, 173, Cotton quiet ddlings, 18\e, ‘Net re- ceipts, Leila gross, 580. Exports coastwise, Sl. Sales, Swe! se, 1 Cuarixston, March 13, 1873, Cotton dull; middlings, 187, Net re bales, Exports coastwise, 914 Sal Witaing’ ch 18, 1 Spirits of tarpentine dull no sales Ten declining ; no saics. Crude turpentine lower at 2 for hard and $4 70.4 $5 for yellow dip and virgin, Tar quiet at $315. Burravo, N. ¥., March 18, 1873, Flour quict; Western Spring, $7.0 a $8; amber Winter, $5.0 a $925; White Winter, $9 8) a.$id. Wheat daily sules—a sipall lot of red Winter at $1 8). Quoted—Mil- SAFINE searce st $1 6: Chicago No. 2 Spring, $1 80; Duluth No.1 Sprin ox $1 68, white Cana 1 0 a $148 White Michigan, $1 40% $2" ‘Core quiet oF L200 bishela: Western, on tracks at fle. aoe les of 1,400 bushels Western,’ on. track, at Sites nominal 4 Se. Barley’ firm ; Canada ». 2 Western, two-rowed 8 “our-rowed State, Se. Harle 4 $1.10; prime Winter Western ada, $1 0a $ Rye The balance of the mart=* Be. 4 he Weatern, $i rim Hits 98 ‘s unchane osweav, March 13, 187% at $8 45 for No. F8pring, $10 0 (oF White Winter, $11 for sales 1,200 bushels prime sales one car State ‘at ‘sue Date unchanged ; sales 1508 dlc. Barley stead 10, Corn mene sh 30 tJ for bolted, $1 26 of owt Mill feed une d; shorts, $2i; ings, $23 per ton. "Rusiroad fre hts— 4 to Boston, 72c. ; to New York, Flour steady; sales 1,100 his. 75 for amber Win louble extra. Wheat ti Canada at $205 Corn dull one do. Western at Gc. bushels’ Sta’ Bay Quinte at tor unboited, Flour, to Prauaden fay ur, 10 Philadelph €2c.; to Albany, Ste. ons ra a shade lows ‘ ine “Wheat dul and. sage 2do. ¢ Pai eller ‘Aptily iti hee Pi dasce a ise Corn irregu ured, nnie® of No. 4 mixed at SiN ty for Srosh ; 36),¢., eelleg June ; rejecte les 7,000 bushels closing ular, ‘Dry Ab ‘J a an ie . No, for No.8. Pork dui‘ es 7 HO, cas a8 fos at 786, seller + lower, at st 18 a a Al ood demand ; aalder aide ae} Rat Bare oa Bhs agreny Jo., loose, sellex Apri: pete packed, Tage. sprit, $7 40. steady and unchanged: no lea Dressed hogs sold at $5 50 for good shipping, lots. 'y firm and a fiait 00) and ; sales at S6c.. closing at fc. asked. Receip bois. Hour, 28,000 bushels wi 87,000, 0. ts, 4,000 do. rye and ea ae ie ‘bis. flour, 12,000 peg rte ane 000 do. corn, 15,000 do. oats, and 20,000 HAVANA A MARKETS, Havana, Negron 12, 1873. ndard, 1044 a ‘see reals, firmer; No. 12, Datch sta a excited; on hrc States, rene, ti a1 sie en a og ‘a 16 ‘nt sixty days, col ‘ Short sight, 32tg a 833% per ake ol, 2 My iat Wc Her Cent breminnes Go PRE: Sse ae cad Premium ; Spahish gold, 24 per cent premium, EUROPEAN MARKETS, Lonvon Money wraa Lonvon, March yen Pp. M.— Consols closed at 92: hod for money and 92! 93, for the account. Erie a Sos abr hi United States five-twenty Lr Tees, old 334; ten-forties, 49; new fives, 90 ORSE.—FRARKvORT, March 13—P. M.— vnited Rates five-twenty bonds closed at 95% for the ue 0 fants Bounsr.—Pants, March 13—P, M.—Rentes elosed at Liverroo. Corton Manxet.—Liverroor, March 13—5 P. M.—The market closed dull, The sales of the day have Deen 12,000 bales, including 2,000 for speculation and ex- ort. Of the sales 7,000, bales were American, | Sales of cotton, shipped from Savannah oF Charleston Februr ary and March at 9%d., and from the same ports, de- iiverable in A Apa at 9d. RKADSTUYS MARKET.—LivERPOOL, March 13.~P. M.—The market is quict. Liverroo. Provisions MaRKeT.—LiveRPoo., March 13— 5P. M.—Lard, 308. per cwt. . per tierce for 6d. per cw! tor shore rib middles. Makker.—Liverroor, March —5 P. M.—Refined petroleum, 16d. a 16344. per gallon. LONDON Provuck MaRxxr.—Lonvox, March 3, ~Tal- low 44s. 9d. per ewt. Hyd okerae 45s. Od. a 46s. peT oermoumew Mana. NrweRP, March 13.—Petroleum, 4a}éf tor fine pate Aineriean + eo FINANCIAL, vGusT BELMONT & CO, Bankers, 19 and 21 Nassau street, issue Travellers’ Credits, avi ble in all parts of the world, through the Messrs, DE ROTHSCHILD d their correspondents, Also Commercial Credits and transfers of money on ‘alitornia, rope and Havana. A ‘MONEY 70 L LOAN—ON BOND AND MORTGAGE, n New York, Brooklyn and New Jersey. Princi- pals only apply to SAMUELS. WOOD, Jr., iss Broadway, Foom 10. A —I WANT TO BUY FIRST MORTGAGES TO THE ° amount of: 15.000 5, would like one Of, 9.00 000, one of 1,000 and one of ; Brooklyn or New York proper - No brokers noticed: Address GALBRAITH, box 139 Herala ote. A TRADESMAN REQUIRES THE LOAN OF $500 for six months; c: give ample security and reter- ences. Address J. B, D., Herald Uptown Branch office. BROKEN NATIONAL BANK NOTES BOUGHT, Four (4) per cent remium. DE HAVEN & BRO. 4 Sonth Third street, Philadelphia, Pa. RST AND SECOND MORTGAGES ught and sold. anotGE B, WALTON, 21 Park row. ‘AY COOKE, MCULLOCH & CO, “al Lombard street, London, Foreign Exchange, Commercial Credits, Cable Transtvrs, Circular Letters for travellers, Available in all parts ey the world. JAY COOKE & CO., ‘® Wall street. Ors ERIE RAILWAY GON CANS. New York, Feb. 11,1873. octors DIVIDEND.—The di of this company have de- clared a dividend from the earnings of the road for the x months ending 3ist December ultimo, of three and one-halt per cent on the preferred stock, and also a divi- dend of one and three-quarter per cent on the ci pees from the earnings of the road tor twelve montis ng December 31 last, both payable on the pth day oF Mare next, at the office of Messrs, Duncan, Sherman & Co., No, 1 Nassau street, to the registered holders of stock at the closing of the books. The Transfer for both preferred and_ common yr will be Slgsed, at the close o* business on Saturday, the Ist day of March next, and remain closed untii the morming of the 17th of March, By order of the Board. H. N, OTIS, Secretary Tikes ERIE RAILWAY REPORT APPEARS IN THE Rail hess Gazette (No. 72 Broadway) today. Price rpuE EQUATER—NEW INVENTION,—THE EQUATER is an instrument for averaging accounts and all c: enna of fit a charges, &c, Itdispenses with mut piyeation, dition ¢ and division. | Ow exhibition and TON & CO., 551 Broadway, and act. MARSIDS Toon 726 tive circulars on application. NION, DIME SAVINGS BANK, and 308 Canal street, corner Laight. Six roma teraet aid. Money deposited now will benr interest from Aprit Did s i pri Assets, ten millions Hey hondred and eighty-seven thou- sand dollars, Books in English, French and German. | HAVE) MONEY TO LOAN IN THIS CITY AND aise for the purchase of good Second Mortgayes; 0 000, $3,000, $2,000 TO LOAN, ON BO to Joan in Queens count STEAVIET St Wall street. 4.001 Ms sng thorleage. “Anply fo WILLIAM & A. Browdway. Descrip: SAWARD , LOWERRE, 29 Greenwich street, New Yor! $7,000 78 H00r<rmer xomniage C3 cre 0 brokers; COUNSELLOR. box 10s) ty $8.000 SECOND MORTGAGE, DUE JANUARY, |, on city property appraised a rst mortgage $14,000 is, Prsteution Piscount 12! for money atonce. Address DESPATCH’, Herald office. OR $12,000 TRUST FUNDS TO LOAN $10,000 or atte om cteice city aprctea ars erty. Apply to A. JOURNEAY, oI Lispenard street. 0.000 #85 TRUST FUNDS TO LOAN—ON STRICT- ly first class improved Property in New B10 oF Brooklyn. Apply to H. GRAVES, $100.00 only, in sums to suit. i 70 LOAN—ON NEW YORK, BROOK- $35 0), 00: Pata Res Improved Prop- erty. WELLS WAIN joual Trust’ Company Sullainge 202 Broadway $400. 000 lyn and Westchester Real Estate, in sums to suit; no bonus required; term of vears C. WILLIS, Montauk Insurance Company, 168 Broadway. $480. 000 TRUST FUNDS TO LOAN—ON BOND " a ce orieare, on. Ae Cad New oe city real estat ond Mortgages cashe Brokers not dealt with ALBERT H. NICOLAY & CO., Auctioneers and Brokers, Established 21 years, No. 43 Pine street, N.Y. > \ CUSTOM HOUSE AFFAIRS. ) TO. LOAN-IMMRDIATELY, ON first class New York. city, Property ELLIS & CO., 48 Broad street. 10 LOAN ON NEW YORK, BROOK. the Treasury. At the Custom House the annexed order was re- ceived yesterday, which will be found all-important to parties who have overpaid taxes and are ens titled toa refunding, The act of Congress is ex- Plaimed by Secretary Boutwell’s instructions :— oF ge Treasury Derartuext, ea Wasmxcron, D. C., March 8, 1973, ¢ Sir—T enclose herewith for Ri Anfotmation and guid- ance a copy of an act entitled Amepd an act | entitied ai act to reduce duties on tp forts and 13 ¥¢- duce interna! taxes, and other osbs, approved June 6, 1872.” + Under section Bo? eaid'achon cone dition precedent to relie! is the Ahing of an Application therefor within thirty days from an rt of the act. n the fling of such ‘application certified statements wil Dep ers and forwarded ww the De- partment for the refan of the io ae C4 duties in dards were payment has been mad here it has not Been macte eredit wil be given ‘om whe" warehouse bond accordingly. I am, very respecttull GEORGE §. BC UTE, Secretary. C. A. Artur, Esq., Collector, New York. The annexed is the Jaw referred to above, trans- mitted to the Collector by the eretary abd which will expiain itself:— Be it, gpacted By “ue Senate and House of Representa- uneat Daved States of America, in Congress assem died, That of ind after the date of the passage of this act, for al urposes relating to custom 01 tation, “neadihg bolts” shall be held ‘and construed to be inciuded under the term “stave bolts. perion 2 That barrels of Auveriean manufacture, exe ted, ‘lied with domestic petroleum, and returned empty, may be admitted tree of duty, under such regula- tions as the Secretary of the Treasury may prescribe Without requiring the filing a declaration at time « Ly 4 of intent to return the same empty, That foreign merchandye which arrived at a ort inthe United States on or Before the sist day of aie 1872, and_upon which duties were not paid prior to ‘August 1, 1872. though the same were not entered or trans. ferred to a public store or bonded warehouse, shail be cnitied to the benetits provided tor in the second se« of an act entitied “An act to reduce duties on impo and to reduce internal taxes, and for other purposes, Approved June 6, 1872, the same as such merchandise would have been entitled to had it actually been in public slore gr bonded warehouse on or prior to, the dist day of rovided, that the owner of such merchandise pa Pit with) in thirty ‘days from the passage ot this act, make Application therefor in writing to the Collector of th t which suich merchandise arrived. a “that on kid and all other gloves imported into tes from foreign countries there shall be nin determining Dy appraisement the coods, whether protected To case stall the goods i foretgn market value of such by trade mark or not, and that Market value than the ike. pode not so. protected, and market value tha i h Wo aale or pretended tale of uch goods shall be held to ire So That of the act of July 20, S-That section % 1 —That section fs amended by the act Cparaarpy et SANT amtonspe, bs to the first e section the words “Provided: further, that equired to be fiven for the Spiortation ‘of etd apirits all be cat celled w 1 presentati ‘istactory prool and certifical ha ati distill Bee its have been uty ded at port of try. Cer that jing, or upon satisfac ineneat it the same Were lost at sea, Twhthout fault orb the owner or ber there: Approved avon 3, oo Important Order m the Secretary oF | High Prices Obtained for Riversida Drive Property—Nearly Four Hundred tate Sold Yesterday. Renewed activity pervades the circles of realty operations, thanks to the fine weather (whicly puts everybody in good humor) and to a compara« tively easy money market. At the Real Estate Exchange yesterday the room was literally jammed, The announcement of the sale of Rivers side Drive property, by Jere. Johnson, Jr., evidently drew such @ vast assemblage, These lots dispose@ of by him not only brougnt high prices, but ex~ ceeded the most sanguine expectations. There was likewise considerable other valuable real ege tate disposed of by other auctioneers, and the total amount realized foots up $303,045, ‘The pars ticulars are given below. Another important transaction yesterday was made at private sale by John McClave of a plot 100 feet square, located on the north Side of Sixty- second street, 100 leet west of Central Parc (kignth) ‘avenue, for $70,000, all cash, ‘This on 48 considered very low, and was accepted on account of temporary pecuniary eR erasument or the owner, ‘The saine lots were sold in 1871 for $60,000, and the four adjoining, fronting 100 feet on Sixty-second street and 100 feet on the avenue, were sold October 4, 1871, for $130,000. The pur- chaser of the above lots secured them for a perma- nent investment. Riker, Hesse & Co. report the sale of a brick house, 74 West Twelfth street, lot 20x70, for $12,000. |The following is a list of “the ‘sales effected on *Change yesterday :—__ sc BY MULLER WILKINS AND 3 story bk. hb. Cae L ae 27: nie ft. s. of Houston st., lot 5 me vet of oth ry ig ly A. Goeller. lot adjoiming, same Tlotnes of oath Van Valki 2 lots adjoinir 1e size; Charl r. fie. of th ave, x03 8.) dxi00,53 Van Yaikenberg: % , 20x100,5; Peter Farley... Lot n, w: corner Lexington’ ay., 16,1x1 Kemble, 24%. dK. nd 2 Tots “@S1 and’ 83) "th ‘av.,"be- {een Sith and doth ste, Astor lense, 20 years toren from May, 1870, round rent $170 each per annum..10,000° By, AFL. JONSSON, J 1 lots. s. of 1020 st. 1011; Howard We voates 1 lot adjoining on the e., 25x00, 11; Howard W. Coate; | Llots w, corner of 1ith ay. and ‘102d st, 26x100; H, A. Smith Hot adjoining on south, Jeni; Howard W. Coates. By 1 lot adjoining on south, 25x100; W. B. Blotsis eur 2d ‘sectas ft e. of Hiversige Driv each 25x100,11; itd 1 lot adjoining on the east, Llot s, 8. of LW2d st, 125. PAdist st, 100 Th i. W. Coates. Ae Plot 60.6 front, 54. block. ’s. s. of 106th a 162 ft. w. of Sth Bien. ...6... 115,000 Plot 86.6 front, x }gblock, n. 8. of 105th st, 163.6 if 8 H. Bie! 217,400 ‘ot 98th a, each 33x 2 100; F. Deliee; each B. PN 2601 t. e. of Sd av., 25x102.: Maalaa 4,150 N, DOOLEY AND HENRIQUES. 45 b. 8. h, and 1. 229 14th st, 200 fb W. Of Th ay., Jot . ‘i0x140; "Charles Delmonieo.-. + OBITUARY. eg ee James N. Stewart, late Deputy Superintendent of the “Box Depatt. ment” in the New York Post Office, ana brother of ex-Congressman Thomas A, Stewart, died om Wednesday morning, at his residence in this city, in the forty-fourth year of his age. Mr. Stewark had held, during the sixteen years of his omee, various important trusts, in the fulfilment of which, he was zealous and conscientious, and his remarke able ability for the prompt and carefaladjustmeng ot affairs connected with his mani ingement won dog won rauired him the approbation of all whose inter his aid in the many intricacies of poo while his uniform courtesy of manner in t the charge of his duties commended respect of who had business relations with him. His toss be severely felt in the department he has left cant and by the large circle of friends whom had gathered to him by his gonarene, and manly charscvse BO less en by ae safe Gischarge of his duties in a position to which he for many year has rendered both dignity and honor, P. PALRCHILD. W. H. Pendleton. Rev. W. H. Pendleton, an efficient and sealoud clergyman of the Protestant Episcopal Chi died at his residence, Piedmont Station, Va., on the 10th instant, to the great regret of his parishion= ers, his ecclesiastical superiors and relatives, He Was the eldest son of William Pendleton, of Vir« ginia, At an early age he entered upon a business life, in which, by his prudence and attentivene: bs was very successiul, and had rare offered to him in New York, which he Ree reed as he felt ealled upon to preach the ated from pened College, Gambier, Ohio, ana tered the Theological Seminary at Tiegh ae aiter which he was ordained by Bish tg ade iid the Protestant Episcopal Church, of always been a zealous and consistent Tanber, Ha was a hard werking student. He was the means o} Delage. many souis to Christ, and was ray noted for his influence over young men, who cami freely to him and related their diMcuitie always were sure of receiving sympathy an counsel. His first cnet was in Fauquier rey Virginia, where he built up another parish at Place called Salem. He was next called to ac’ req very near Forest Depot, Va., where he continue until failing health compelled him to retire, and iy May, 1872, he removed to Fauquier county. BEWARE OF BOGUS EXPRESS MESSEN. GERS, TO THE EDITOR OF THE HERALD:—= i On Tuesday evening a weil-dressed, gentlemanly young man called at my house and informed ma that he was in the employ of Adams Express Com< pany, and had been sent to inform me that a trang addressed te me remained uncalled for at the ex« press office. He added that the trunk had beem insured for @ large amount, and evidently come tained valuable laces, and that I could have it payment of the freightage—£11 6. On Comer the express office I was informed that the w! story Was a myth; that the company in such always sent printed notices, and that the day beford alady had been defrauded of $16 py means of & story of the same kind. I take this metuod of warning the public to be on their guard against this novel mode of swind MARRIAGES AND DEATHS. Marricd. Frrgss—Cross.—On Thursd Fourth Universalist church, Rev. E. H. Chapin, ROBERT A. FLIESS, , March 13, at th@ (rth Pus, of Nev ie, Pre 1 | to SaRa H. Cross, of Red Bank, N. J. jesday, RICKETTS—RiING.— On Wedni Been 12, it at Westminster church, Elizabet! HN, J DY J. by thi Rey. W. C. Roberts, Grorcz R. LAURA VIRGINIA, daughter of Charles H, Rings Esq., of Cornwall on the Hudson, Phiryasers ofthe eater a the the residence 01 e Revs, i «clement Big, THOMAS G. SUTTON, of Purch: N. to EMELIN! daughter of Michael Rupp, Bigot sos cardi AE RRe., BB<eDAVI° —In this city, on Walden Mard yy Rev. Dr. Bellows, Dr. James ‘I. Ware TAKER, of cincinnati, to Mary Box Davis, daughter of George H. Davis, of New York. WILLARD—DUSENBERRY.—On Thursday, a ae 1 at the residence of the bride’s parents, 254 Wes! Fourteenth street, in this We by the Rev. Dr. Mart, of Newark, 8. E. WILLARD, ef Hoboken, to KaTs Ag daughter of W. F. Dusenberry, NARD.—On WedNaday, ‘Pebreaty ta 1%, 1615, CATHERINE, the beloved daughter of Elizabeth an: John Barnard, aged 4 years, 11 months and 22 days, The relatives and iriends of the family are re<« spectfully invited to attend the funeral, from tha residence of her parents, 30% West fhirteenth street, on Friday, 14th, at one o'clock P. M. BoGARpus.—On Wednesday morning, March 1 Mania 8 BOGARDUS, daughter of the late Genera’ Robert Bogardus, of this city, im the wth year of her age. ‘The funeral will take place from St. Mark's church, Second avenue and bed ig a A Fris day, the 14th ins alf-past tives and friends of the family ae invited to ate tend. Brosnan.—On Wednesday, March 12, at eight o'clock P. M., TIMOTHY BROSNAN, son ef Martin and Ellen Brosnan, aged 1 year, 4 months and 13 days, The relatives and friends of the family are ree spectfully invited to attend the funeral, on Friday, 14th inst., at one o'clock P. M., from the residence ore grandmother, Mrs. Lyne, 79 Washington 8 . CHAPMAN.—At Jersey City Heights, on March 8, ELIZA CHAPMAN, wie er Joka Chapueed aaa iy =. * le remains were taken to Flemtn; . “Toe eee Fomdam, St Tawsenes Tsountyg he Toy londay, March 10, THOMAS STREA’ Soomece eet aye ear of iis age. ong e.—On Wednesda March 12, LEILA, youngest daughter of Wiliigin P. and doesn, Goole edge, in the 16th year of her ‘uneral services will be held at 16 Bast Thirtieth Street, on Saturday, March 15, at half-past twelve P, M. Relatives and friends ‘are respect{ully pe Thousand Dollars’ Worth ef Real Ege