The New York Herald Newspaper, March 21, 1873, Page 8

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8 FINANCIAL AND COMMERCIAL. Continued Activity in the Money Market.- The Rate on Call Ranges as High as 1-16 and Interest. GOLD ADVANCES ANOTHER POINT. The Clique Competitors for the Government Coin. A FURTHER DECLINE IN STOCKS. Tamble of 5 Per Cent in Panama, and » H. and E. Down to 4. REACTION IN THE ST, PAUL SHARES, Eusiness Failures in the United States During 1872. ‘WALI STREET, } THURSDAY, March 20—6 P. M. On ’Change to-day cotton was irregular, and 1-16c, easier for futures, Flour was steady. Wheat was neglected, but firmly held, while corn was in moderate demand and firm, THE GOVERNMENT GOLD SALE. ‘The bids for the government gold were nineteen in number, calling lor a total of $4,772,000, at prices ranging from 114.51 to 115.63, As high as 115,.571¢ was bid by one firm for the entire million anda half offered for sale, The award was made at 315.5734 @ 115.63, THE FOREIGN MARKET. The London quotations were % better for con- sols, indicative of the abatement of the agitation in government circles. United States bonds were steady and dull. Erie shares were weak and declined to 513%. The Bank of England gained £53,00¢-%in the bullion account for the past week, ‘The rafé of discount remains unaltered at 33g per eent, French rentes in Paris were strong and advanced to 55.52. BUSINESS FAILURES IN 1872. According to the statistics gathered by one of the mercantile agencies the year 1872 produced an unusually heavy crop of business failures in the Un.ted States, the total number having been 4,089, and the liabilities involved $121,056,000, These fig- ures compare with those of previous years as fol- lows-— Year, No. of Failures, Liabilities, 2,608 gree! 7, 88,222,000 121,056,000 Going back in our history as far as 1857 we find that the total failures in that memorable year were 4,932, and the liabilities $291,750,000. The next most disastrous year was 1861, when the outbreak of the war caused so many mercantile bankrapt- cies, the total having been 6,993, involving liabill- ties to the extent of $207,210,000, MONEY ACTIVE. The money market was active throughout the ay at 1-32 a 1-16 per cent in addition to 7 per cent. Towards the close and after accounts had been made up, the demand slackened, and those who had balances to lend quite late in the day were compelled to take 1-32, and in some instances 7 percent gold. Among the government dealers the rates were 7 currency and7 gold. Commercial paper was unchanged, Foreign exchange was nominally steady, but actual business was at a con- cession of 3; a 4 from the asking rates. GOLD FIRM—115'y A 115%. ‘The gold market was strong as a result of asharp competition for the government gold, particularly as it was believed that the bid of 115.5714 for the whole $1,500,000 had been made in the interest of Jay Gould. The price rose, in consequence, from 115% to 115%, but subsequently’ relapsed to 115%. The market was comparatively quiet, and little in- terest was shown in it by parties outside the clique. The principal fluctuations ofthe day are shown in the table :— in the gold loan market the rates ranged from 7 percent gold for carrying to flat for borrowing. ‘The operations of the Gold Exchange Bank were as jollows :— Gold cleared... Gold balances... 13 Curiency balances. i,i2 28 ‘The Sub-Treasury paid out $35,000 on account of interest and $6,500 on account of redeemed five- twenties. SOUTHERN SECURITIES MORE ACTIVE. The Southern State bonds were more active, with an irregular but generally firmer market, The Tennessees were freely dealt in at 86a 85),, and a strong demand for Missouri sixes led to $42,621,000 14 a rise one per cent in their price. One Louisiana bond passed at 40, although 42 was afterwards bid. Virginias were a fraction lower and the others steady, The fellowing were the closing quotations:—Ten- nessee, coupon, 853, @ 86; do., new, Bs @ 86; Virginig, ex coupon, 45 a 50; do., regis- tered stock, old, 87a 40; do. sixes, consolidated bonds, 56 a 56%; do. do., deferred scrip, 14a 15; Georgia sixes, 70 a 75; do. Carolina, ex coupon, 30 a lina Railroad, 60 a 61; do. funding, 1866, 25; do. do., 1868, 18a 20; dd., new, 17a 19; do., Special tax, 13a 15; Missouri sixes, 951; 296; do. Louisiana sixes, 4: 3 do., mew, 45 bid; Alabama fives, 55 a 60; do. eights, 80 a 85; South Carolina sixes, 30 a 40; do., new, January and July, 1744 #18; do. do., April and October, 19a 22; Arkansas eixes, funded, 40 a 45. THE RAILROAD BONDS. The average amount of business was done in the railroad bonds, which were decidedly firm. , Paul eights sold at 107, Morris and Essex firsts at 105, New York Central sixes (of 1863) at 95, and Fort Wayne seconds at par. Union Pacific incomes were lower at 723g. Boston, Hartford and Erie firsts declined to 41% and the guaranteed bids were offered at 60. The following were the bids at the Board, as amended by prices in subsequeat dealings. Dew York Cen F's. 1883. 9414 Jew York Cen O's, 1e87. 92" Jew dork Cen Ure. New York Cen Ur, sub. 9 ist mn, extended. ist mi, ‘endorsed. ‘szd my 179. evens, 88 a 90; North Del, Lack & West 2d m. 96 Tol & W ist m, Jol & Wah 2d mn Han & Naples sti Gr Weet ist mi lss Ne ol ist, 10 hi Gunes al ‘sy Brie 7 con m gia 08: Long Lock bond Morris & Ewsex udm... 97 sud K Nd Cen Ist m.n Wh Bud NJ Southern Ist m 7's... 74 Marien 4 ¥ Pitts, FLW de Chie tet. (10544 Alb & busi bas, 99 Pitts, FW & Chic ud in. 99 Alb & Bus dt bde Pf sae pee 1 988¢ Pitts, FW Chie 8m: 9536 istin.1004 FF W aC ope eathd. 99 Mach'So 7p ¢ tv ie’ 98% Mach co «Nis Wee, Giey gris os Clev & Tol et. Clev & lolnew bas... & A old bas oO C.PaA AM. Bufl & brie new bda... Lake } hore div bls. Chie & Alt income. Obio & Mass com st, Obi & & Fac RE i's, ¢ Ohio & Miss 2d mn, Con Pacing pol Dub & so c7 Jen Pac State aid st boua Tron yestern bacihe bis. Mila nion Faeibe 1 1. MAK Piet Lon Paciicls + Chic & Mil b Lion Pacific ine 108 i ist “4 Chie ist in AMinots Ces 7 per et.'76.104 1, Ohio @ Ina is Ait & Ler Hi 4am, wic.. PL Cle 2a: a oe Wst.. 845 hoist Dv Why * ws wit W W. Bort div. 83 Mh W con 7s 0 JOD Bot. HAE f nx Bur. Ka M7 GOVERNMENTS V1itot, The government list was sirvay for the go! 2; do. to North Caro- | 2 a | NEW YORK HERALD, FRIDAY, MARCH 21, 1873—TRIPLE SHEET. Dearing tssues, with sales of the 67's at 117, at which all the offerings of this date had been taken before the close of business. The new fives ad- vanced to 113%. The currency sixes were a frac- tion lower. ‘The following were the closing quotations:—United States currency sixes, 11314 113% ; do. do., 1881, registered, 116% a 11734 ; do. do. do., coupon, 118% a 11934; do. five-twenties, regia tered, May and November, 115% @ 116%; do. do,, 1862, coupon, do., 115% @ 1165; do, do, 1864, do, do., 115% & 11634; do, du., 1865, do. do., 116% a 117%; do. do., 1867, registered, January and July, 115 a 115%; do. do., 1865, coupon, do. 114% & 115; do. do., 1867, do, do, 116% & 117g; do. do., 1868, do. do., 116% @ 116%; do, ten- forties, registered, 116% a 116%; do. do,, coupon, 111 @ 1113¢; do. fives of 1881, registered, 11324 a 113% ; do. do. do., coupon, 11334 a 118%. STOCKS WEAK AND LOWER. * The stock market succumbed to the influence of the protracted scarcity of money, and prices de- clined, the announcement of the suspension of the Bull’s Head Bank helping its early weakness, but only temporarily, however, as the fact was soon ascertained that the depositors and note-holders of the bank were protected, and that the defalcation which caused the stoppage would entail its pecu- niary trouble on the stockholders only. The de- tails of the affair as far as they have transpired willbe found at length in another column, as also an account of the arrest ef the supposed author of THB RECENT FORGERIES in Wabash ana Fort Wayne stock certificates. The market mended about midday but again went off with the continued activity in money. It recovered after banking hours and fora while gave promise of brightening up to higher prices, but toward the close drooped once more and left off at pretty nearly the lowest points of the day. St. Paul fell back to 56, and Boston, Hartferd and Erie declined to4, The greatest decline was in Panama, which fell from 118 to 113, Otherwise the decline ranged from 4; tol percent. Western Union was excep- tionally firm and was actively dealt in at 863, a 865 B86% & 8634. 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, 10034 Erie.. 6334 Lake Shore 98 Wabash... 4 1256 Northwestern. No transactions. Northwestern preferred. 88, 884g Rock Island. 14g St. Paul. 58 St. Paul pi Tet 766 Ohio and Mississipp! 44% Union Sey B46 ©., 0. and I. ©. 39 Western Union Tee . 8615 Pacific Mail... 5536 In aehacale Reading was weak, and declined to 1153. SALES AT THE NEW YORK STOOK EXCHANGE, Thursday, March 20—10 A. M., Before Call. 100 shs C & R IRR... 1100 shs West UnTel..c 86} 500 oe 86! Ai Panama RR. 20 do. 200 Ohio & Miss RR. 1000, U& TORR, Board—10:30 A. M. Frames O&BRER B 10086 do S00 Mo's, Ii & Sed is Bx 100) Louisiana 6's, 40 NY CO's, '83. tt 10 Erie Kit pri. 800 Harlem RR: Ww" do VJ Cen Ist, ne! Southern Ist cP Tou North Mo 25 shs Conti 20 Merchants’ Dank. 12130 to 2:30 P. M. $3000Tenn 6 700 shs Erie & 4000 Missour! 6 ¢ 400 do 200 do. pool & do 100, Quick: MCo DI Raed MBS ni 2200 ~. 8416 100 Two & NW pi bs ig 1200 ah go His 100 45 300 $6000 Missouri 6's...... 95% 700 di 955 ee og ae Nov 808%, i: JwE ay: ire ‘gooc cI Cae... 7 Nore.—No Secand Board to-day in ¢ nce of the faneraio! the law G. Wesinit, ) o™eaue 100 shs wird & H Conal. Hey 10) 8 Mary: vinnd 500 Pac. do. SESeegEgE $2 1400 600 300 do. 35 do. 200 do 100 de 10 do, 200 do 200 = do 10 do 400 do. 200 do. 800 dow... . ION YC & HR RS ion 2G, ©, 500 do. Ws 10) Rock ; 0 500, 2300 io. 0 800 300 100 do. 800 Pittsburg Ri, {to onto tsi BR pret | Bh 100 Erie rR 200 Del, Ld W Rt 10) a Too Hat & Sto Rit ag 600 10 Morris & Kxsex RR 91 1200 500 0, O&O RR, 89 2000 400 a 600 100 2000 100 1000 300 600 © 100 Atlan & CLOSING PRICES—4 OOLOOK P, M. a 8645 a Northwestern... 81 Northwest’n N J Central. eneor cane 863, Pittsburg. COMMERCIAL REPORT. Cotton Irregular; Receipts at the Ports, 14,594 Bales—Flour Steady—Wheat Qutet—Corn Firm—Oats Steadler—Pro- visions Quiet—Groceries Steady—Petro- leum Dull and Nominal—Naval Stores About Steady—Whiskey Lower. Tnurspay, March 20—6 P. M. The trade movement was retarded by the rain storm, and business in most commodities was ac- cordingly light. Cotton was still dull and nominal, with very little business except in contracts, At the Produce Exchange the markets were generally quiet at unchanged figures, Flour was in rather better request at steady prices. Wheat was quiet, but firmly held, Corn was quiet, but firm. Oats were steadier under a better demand. Whiskey Was quiet and lowe:. Pork was very quiet, but firmly held, particularly for future. Lard was strong, but not very active. Groceries were quiet, but not essentially changed in price, Petroleum remained dull and nominal. Naval stores were quiet, but without essential change in value. Correx.—The market continued dull and nominal for lots from first hands, but the Jobbing trade was moderately fair at fall prices. From the out ports sales were reported of 1,000 bags Rio, ex Chowan, at Baltimore, and 3,431 bags do., ex Wm. Anning, at New Orleans, both on private terms. We quote :—Rio— Ordinary cargoes, 16\c. a 17%. ; fair cargoes, L8ec. a 18t¢c. ; good cargoes, 19. a 19!4c. ; prime cargoes, 19340. a 1936. ; extreme range for lots, 16%¢. 4 20c. Java—Government bags, 20c. a 2ic.; do. grass mats, We. a 22c.; Singapore, 16}gc. a 1/}ge.; Ceylon, 173jc. a 18%ge.; Maracaibo, 18c. a 19¢, ; Laguayra, 1844. a 20c.; Jamaica, 17}gc. a ls!ye.; Domingo, 16c. # 16}4c.; Porto Rico, 19. a 20¢. 18c, @ 2He.; Mexican, 18c. a 19. ; Manila, 173¢c. Angostura, 17}gc. a 183c.; Savanilla, 174¢c. a 18}zc.; Cura- coa, 17gc. a 18ksc.. gold. per Ib., 60 a 9 days’ credit. Corton, not deliverable on contracts, was very much depressed and quite unsalable except at low prices. The annexed quotations are nominal tor all grades, but more especially so for the interior qualities, which were offerad freely, without purchasers, ‘The market was about steady for low middling und the better qualities. For tuture ae livery the transactions were less extensive as compared with yesterday, but the market ruled about steady at L-lée. decline. We sum up thu ae sel eas Totat. oh NSE dy as Export. Consump’ In transit. Total.. 700 zs —For tuture delivery (basis tow middling) the sales have been as follows :—Siles last evening alter three o'clock — March, 1,400 at is%c.; April, 100 at ) at lst,c, May, 900 "ati IS tG8 1:600"'at tsive.; Jue, 200 at Iie: ¢ July, 100 at 19 L-l6e,, 100 at 19) Bec: Total, 4,900 bales. tor up to three o'clock P. eis 716. | 50 at Iss it c. 100 at, i ai i8%e.; June, 300° at i ai Pit 800 at 19¢.. 80 at 194¢0., yduly, 100 at T9'%e., 300" wi -ive., 100 at 19%¢e. Total 1a “pate: Hash itt hates. Exchanged—9- Ba exchange 900 April tor July 5% paid toexchange April for July. The receipts. lat the ports sum tollows : Galveston, 854, bal New Orleans, he Ever *harleston, 785; Wil- 3 Ne Boston, 64— st weeks Rint ‘This day’ last ‘on cotton to foreign ports closed. i Ra —To Havre, by steam, T¥c. a 1ige.; sail, Le compressed; to Hamburg, by" steain, to Bremen, by steam, 1c. ; sail, i steam, -H6d.; sail, O-S2d. a 1Lsed. We quote » Uplands. Alaiama, New Orleans, Texas. 1434 Wg rt 14 Good orditia 16% 16%} 16? 187, Sirlet kood ordinary 124g ny 177 177 Low middlin 1g 1s 1838 Hy 1055 1934 19%, a TH 215, 217) —The quotatior based on cotton in store, running in quality not more than haifa grade above or below the grade quote FLouk anp GRat our, 7, £29 bbls. ; wheat, 13,060 bushels; cg) corn incal, 500 bbls, and 1,677 bags; oats, 26, ley." 580 dor The Hour market was sieady under « rather better inquiry. The Kalen sige, our fast (oot within te range of the ap} was quiet, and unchange: yellow at $3.25 on the pi aa 21 about 8.700 bbls, at prices Jed. quotations, Corn meal 20) bbls, of Western 0 bags of coarse at 81 2D oo y iki’ per 100 1bs. We auot — fy 10), Lack & W $4 00.0 $5 5 60a bw) 200 do. Ta 775 iy ao, Ba 8B 200 é Oa 6 0 "20 Chic, Gar 6G idle %a 790 200 Han’ & st Jo. Da 9% 300 Round Hoop Ohio, ppt brands Wa 700 Round Hoop Ohie, trade brands oon 900 Family. Wa 10 25 a 775 (ours aaaignte extr Wa 8H BE Louis choice double extra. oa 10.00 St, Louis choice family... Wa 13.00 © Wa 10.00 ww 600 2a 650 a 69 Ba 95) | 2 Wa 18 00 F Corn me a 345 | Corn me e 3.35 + | Beiumore 0, b. | Galoric.. 365 | 5 Pu rcheons ates 0, b. +, V heat was juiet, but the 22115 and 215 sales were confined to' sinal! lots at $i 68 tor No. 2 Mil- $2000 US 5.20, 0, ” 170 a $1 8S for red Winters otlier de- | Stiptlons were held at previous prices, Corn was dull, but firm; the swles foot up 72,000 bushels, at (ke: for prime oll Western mixed, tor do. high taixed Toledo; 64ie. a 650. for new We: ern mixed, afloat: | Gotgc, tor new Southern yellow; A 700. 10 Western white; inc Tn the sales are 33,000 sfor June, at 626. Oats were in better demand and dier; the trangacti We comprisegabou t 64,000 bushels, 40c., travk, and 400., a e Western} $. ft AT. new West a BOM. for ber —and Sige. iy if ce, am stores, Barley ws se areaty hetd, but vomin the ‘Absence of transactions, Rye quiet; saics HW bushels of Canada, in bond, at Se, Freicirs,—Lusiness in berth freights continued quiet, ng to the sc ‘arcity of a commodation, Rates were steady except (or grain, toon for which broughtrather continued fair, | better figures, and ol Br 500 boxes bacon at 4s "7 The charters of Wheat at Sd compris i" bark, to stockholm, 2,200 bbls. ni aphiti, at ds. ; a Norwegian bark, hence at Bordeaux, 300 bb crude petroleury, on private terms; a British ba hen to w direct port in the United Kingdom, 2,00) bbls. refined 4 78.; & British brig, trom Montreal ty the River Plate, Oy) det lumber, at $26, gold, and primage; $4extra if to upper ports, asses.—ihe market to-day continued quiet, trans # being conflued to smal, unimportant jopbing lots, ves unchanged, Stock this date iieludes 4,087 is, 4) do. Porto luico, ng j and 400) bbls. ot New Orieuns, We quote = lel Crop. New Crop. Cuda, centrifugal and mixed, Wee. a ie. Cuba, clayed. .. . Cuba, muscovado, retining Subay museoved nuroCery nro Rico. —a— non Se. a 80c. bluse = Bsc. Abc. ito. nc, spirits ot turpentine the market was duily and. nominally steady at yesterday's. RUFC Held at Sie, Rosin was also dull and weak; stratued quoted at & $3 45, Wilh sales of 30) bbls. at the in- file pi od '@ cargo et Wurstueton oe private term: The liner qualities were held at former prices, Tar aud pitoh were neglected and nominal, Provisions.—Receipts—Pork, 1,286 bbls ; cnt meats, 3064 do. : | 7 bbs. nid Pork opened dull, but The market for me: juently closed firmer tor inture, but casier for cash ales were reported of bia, for May at do. for June at $16 18%. round lows red a $16 10, Bacon was very fit , butonly in request. We heard of sales of 20) boxes of short rib midles on private Worms, 200 boxes of ety long Shee; short clear quoted’ at Sic, We also note sales 0) HWY boxes of Boston backs on private terme Kees was quiet and unchanged. wanin the range ot persion Siz for new arte eae oe $14 for do, extea do., BB 8 $2 for do. p tlerces, and ior a0. “In Scot hams wei al the re market Wa was active to-day ; anes waa, a fair business consummated at free prices. Sales Ported of 150 poses: ef a ygelted. Shorr-ont ened do. all 16 Iba. @ but mencrally private terms for but tubsequcnily ‘lose about steady. The sal tea er BFbe 100 tiereed on the dock ‘be Heroes, for “April, at 89%c, ; 600 tierces ior do., Yate: tierces, woe’ ity t Bac. 5 fh tistees tor June, ecb Lisens 10s teres Bice. City was ateddy, with, dates of 120 tier Di are engler. City quoted at 7c. a Western at oa Pertotum.—The market for refimed remained in the same condition as hitherto noticed—namely, dull and nominal, Contracts for balance of month were obtain- Able at lde,, while cargoes for prompt shipment were held at 193¢c, ‘Crude, ‘in bulk, continued firm, but yery searce for lots for prompt. delivery, the ditculty i@ obtaining transportation Ueing the Cause: held nominally at Se, Casey were 4 # not quotubly change! in pele higher price tor stnall Oe dal aetnrotoalle steady, at 13, for Weste Ihe tor clty.. Reports from the Creek were of a contin dull market, but prices were not materially changed ; gated on the ronds at $2 om ‘hath upper and: lower an 52 15 at “Oil City. The’ hiladelpnie market remained neglected and nominal. Id at Isc. a 18}¢c. tor remainder of month, Hhion. The market was unchanged, both as regards the demand and prices curre: lay comprise about tercen of olin at Tica 80. aud 100 bags of Rangoo ereanew tie faa ‘Tor Faw continued light, but there Was no not ange in prices, les aggregate About 7 bide, Sneliding molasses, guxar and eomuion old tha and th Muscovade, at Tige. 7: cent IL at 9c. Re- Aned was fa tens domaaa, but atsady., Moers, Cina ular of this date, report the stock, 4 Co., in their circt sales and receipts as follows :- Hhds, Bowes. Bags. Melado. k (ascertained by actual aerrat teria ‘specula- tion), March 1, 1873... eee ae Receipts since March 1 2 223886 peices 25,294 320 24,600 20,720 $2,218 31,574 ne 1,276 2,024 Seas 2,604 1,998 8,992 1,367 rime, prime 1, hhds. and boxes, ‘molasses, hhds. arid boxes, 7c. a 8c. Gye. Hayana—Boxes, Dutch standard do., 10 to 12, 88%. sa do. 13 tosge. a 18s ., 19 to'20, re ‘Refining, cere fale fe f9 choice 1—butch standard to 12, 7c, a Java—Dutch standard, io ois Br4c0 ‘a dee. Ma 1is-eBeparior aud eatre supsricn, 743. & STEAMINE was in Dotter demand, ‘With sales of 80,000 tbs, in hhds. at ‘Tat.Low continued dull. We have only to note sales of 80 bbis. of common at 8%¢.; elty quoted at 8%c. WitsurrReceigtei76 bola. the demand vas morlerately fair. b but at lower prices. 18. at 913gc., ane is. at S2c., closing at the lower price, DOMESTIO MARKETS, Gazvestox, March 20, 1873, Cotton, firmer, in fair. demand; good ordinary, 10) Net receipts, 84 bales. _Exporis—To Great Britain, 1,216: to the Continent, 1,250. Sales, 1,200. Stock, 66,683, New OrueANs, March 20, 1 Cotton—Demand active ; jgrtinay, hee 133¢0 5 good get ordinary. Net re- 2c. low | middlings, 11K ceipts, | 8001 bal one fib Eeporte Gos astwite, 1,548, "Sales, 20 1 Cvening, 8,000. Stock, 1s. Note.-8.013 bales, shipped to ivernool March & a ry to the 127,353, 333 16.948 110,886 70,269 ay 313) 19,625 1873, 16,505 arch Stock this day, March | Sasa with stock, Comparing with stock, March $1,112 Comparing with stock, March eee, ¢ 50.87 eae \c. linea comtnon 4 pate, Bic age. Br tiige. wh being disabled by ‘fire, is below the city. n (damaged) will come ‘back, and is addei gross receipts and stock.) Monte, March 20, 1973. ancotton, aniet Ce stead: FN aalioaa Canal low mid- ings, \c. jet receipts, xports coastwi Jan Bales 00° Stocks aassl- ne SAVANNAH, March 1873. niet and steady; middlings, 18%¢c. Net re- coipts, 1.70 bales coms ‘orts—To the Continent, 5,500; ‘oustwise, 1,181. “Bates, sk, 48.983. ll feies RLESTON, March 20, 1873. Cotton quiet: middlings, Bs) Net ‘receipts, Wh. Ports—To Great Britain, 2; Sales, 300. Stock 90,578 Witaanatox, N. 0. March 20, 1873. Spirits of tarpentine quiet; salés at Sic, Rogin firm; 2 70 for strained. Crude turpentine quiet; $2 25 for hard, #4 for yellow ‘ip and ies ring sales Cotton fe. Flour steady, and, unchan ed ta $8.75 Jor No. 1 Spring, $9 ‘Winter, Fm 11; sales, three saat parle ted ani per cwt, gMillfeed mnobaneed; 2 pabprts, § ‘$21; ul stufls, $22; middlings, $23 per ton. ¥ tour to i to Boston, 72c. ; ro New York, 62c. ;to Albany, Burrato, X.Y, March 2, 1873 Flour gatct Western | Spri ring $7 Bog amber white, 32,60 a $ eat duils'na sales Hrado “public: quoled’ Milwaskes Nova Uhienge No.2 Spring, $1 $i Peake, Cana adi Sle at sie 49 a $1 50; Pe ey jealy: sales of Sor. $n the track ‘smaall lots of No. 2 in store at S2c. Oats quiet; sales of 1,400 bushels Western at 42c, Barle quiets sales ot 1,800 bushels two-rowed State on ihe trac At Ste): L800 do, No. 3 Western on th rack at S7c,: 790 to, aesta vin ered $1; quoted Western We. a nada %e. & $1 03; fo tee, Rye ‘aapanal 85 Barley malt firm ; Western, $1.10; prime Winter Western, $110 a $1 is; prime Canada, ' $1 2) 0 $1 25. Kye malt nominal at96e. Other articies unebenged. Curcaco, March 20, 1873. Flour quiet and unchanged. Wheat moderately eh but irregular and lower: sales ot No. at el ‘$1 2014} a Pvt? $i May a Ey 19) cae gas ae age jer, No. Spring, $ a poten to date or Mecaip ejected, at Siic. a 31%0, for No, 2 mixed, cash aes a BX. seller,’ May. 26\c. for No. 2 regular, went Cc. for rejected. Rye steady at 64c ows, c il | fd mani and. hi her "at $14 70, seller, April: $14 90 gellor, May. teady at $7 9, s Bulk menus quict nod uuchanged. | Whteksy dull: holters unwilling to make concessiot sales at 7c. Closing at 364c.. bid: Se. asked. Receipte—10.000 ‘bbls, flour, 43,000 bushels wicat, 71,000 do. 3,000 do. oats, and 12,000 do. barley. Shipments--11,000 bbls. Hour. 12000 bushels wheat, 12,000 do. corn, 34,000 do. oats and 8,000 Wo. barley. HAVANA MARKETS, Havana, March 19, 1873. Sugar irregular, Exchange—On United States sixt days, tn currency. 11g 412 percent premium; in gold, 295 43) per cont premium; on London, 4434 a 45 per cont premium, EUROPEAN MARKETS, Loxpox Moxy Marker.—Loxpox, March 20—5 P. Consols and American securities closed unchanged, Erie Ruilway shares, 5134, Consols opened at 2% @ 9475 for money and the accuont. iis Wouuske-Fanis, March 20-1°M.—Itentos closed puieenRGon Corron Manxer.—Liverroor, March hind M.—The market closed firm: middling oe a. he” sales af diing Orleans, ad. a 9% the day have been 14,000 rr pee $00 for specalation and export. of ths sale 1),000 bales were American. | Sales of cotton shipped from Savannah or Charleston February and March, aE Bed, and from the same port.s deliverable in April, at 9 LivearooL Breavsrurrs Marker. LIVERPOOL, March 2—Noon— The market ts dul firmer. Wheat lls. 6d. a lis, California white, Ls. 10d- a ae 1s, Bd. for red Western . per bbl. for Western canal. Corn 27s. En _per gia LivERroot, PRovistons LIVEREOOL, March 2%—Noon.—Pork, 59%. per bbl. Moe ni new mess. Loxoon Fropuck Marker.—Lonpox, March 20.—Re- fined petroleum, 16!sd. per gallon. Linseed ofl, £82 108, a ifs. per ton, ' Coimmon rosin, $s. Gd. per ewt. Spirits turpentine, 44s dd. a 45s. per owt. FINANCL UST BELMONT & Cc Bankers, 19 and 31 Nassan street, issue Travellers’ Credits, available In all. parts ot the world, through the Messrs. DE ROTHSCHILD and their corresponden Also © Ores edits and transfers of money on A iat APSLEY & BAZLEY, 47 EXC HANGE PLAC E.— « Stock pri y explained in ieee with tical illustra rewlar malled to nd Havana. p any address; no risk beyond amount invested. A, =—MONEY TO LOAN—ON BOND AND MORTGA B, Ps in New York, Brooklyn and New Jersey. Princ pals only apply to SAMUELS, WOOD, Jr., 155 Broadwa; rooin | onD fORTGAGE.—TO ] Wanted to purchase, fora permanent invest First Me rt-sev on desirable dwelling house property, of aboutabove mount, Address F., box 3,089 Post office. VEALINM OF VIRGINIA—OOUPONS DUB olf the old bouds and consols and detent sock payable April. collected by JUIN B, MANNING, No. 5 New street, LOA YOMMON / Januai interest on Pee, “SALE—2)) SHARES PREFERRED, 200 DITTO amon ttle Rock and Fort Smith Railroad Company, Address FARIS & STOCKER, 24 New stre roow 2, New 5 Aseas & BRATNE, 11 BROAD STREET, Stock and Gold Brokers, Stock Privile: & specialty; Puts, Calls and Double Privileges on all | fotived stocks; sthall capitalists will find this a sate method of speculating; explanatory circulars, with references, mailed on application, JAt Coxe 4 © No. 20 Wall street, New York. Exehange on London, Paris, Berlin, Frankfort, Bremen, Cable Transfers, Circular Letters, Commeretal Credits. JAY COOKE CULLOCH & CO,, AL Lombard street, London. Merry HILL BANK. on, March 18, 187%, The di rs of this this day declared a dividend of 84 per share on and atter Abril Me 1873. ‘The transter books will be closed from date to Ist proximo. JAMES STRIKER, Cashier. N ones E Conran) neAsuRER’S Orrick, Enre Raiuway Company, ts Minech 1g Tara} Tho interest due April Lnext, on the fourth mortrage bonds, New york wd Teaukoud, wil be paid at the oitiee of Duncan, Shérman & ¢ lise QUATER-NEW IRVENTION.—THE EQUATER ounts and all cases it dispenses with Hee js an instrumentior averaging of equation of payments, charges, de, muttiplicati wdtion and division. On exhibition ant sale at store of Dp APPLBION & CO., S61 Broadway, and MAKSU'S Fooma 726 Broadway. Descriptive \ at ¢, ©. Circulars, |E COUPONS ar i BAT Ot be COUNTY RAIL- road bonds paid by the Fourth National Bank, 0 of this city. | $10,000 "axeearasear arena fe, on stri rst cl Bike hike Sty of of New ork. Apply to HORACE way, New | $150. 000 7%. LOAN ON BOND AND MORT- wage; Second Mortgages cashed At UY Broadway. room F, basement. $150.06 000 TO LOAN—ON NEW YORK, BROOK. oly or New Jorsey Property, In, sums Leasehold Mortgages cashe A JONSON Broadway, room 3, $4.00.000 70,H04% 0% NEW York BROOK- sis fo suit: no bone renateed one yee parses a ir CvE. WILLIS, Montauk Insuranee Co. 168 Bi COPARTNERSHIPS, ISSOLUTION OF COPARTNERSHIP.—THB CO partnership heretofor: existing between the under. signed, under the frm of Steadman & Parry. is this ved by niutual consent. Ne AMUEL ©. PARRY, The busines will be continued as heretofore by seniel New ‘ORK, March 17, 1873. HE COPARTNERSHIP HERETOFORE pxteriie lunder the firm name of Friend, Sterns & Co. is this dissolved by mutual consent, Mr.'B. Levine withdraw- The business will be continued under the name of nd & Sterns at 257 Canal street, ARR, ‘will be made by the new firm. HRRMAN FRI New Yore, March 18, 1873. BERNHARD LEVINE. seuesidiance eee REAL ESTATE MATTERS. Considerable anxiety was manifested before yes- terday as to how the property advertised by Muller, Wilkins & Co., consisting of thirty-four valuable lots, situated on Morningside St. Nicholas, New and Eighth avenues, would sell. The day was by no means propitious, and the assembly, though numerous, partook largely of the dreariness of the saan However, the offered property was dis- but at prices far below the general esti- oneal otnne following are the details of Muller, Wil- kins & Co., a8 wellas the other sales held at the maeeenee yesterday :— ots on n. W. corner New (Knickerbocker) av. and Sih st, TouiL on av. by Tit on loth sty TH Scott; at $3,000... $1 Tlota s. e. corner New (ithickertiocicer) av., 100.11 ft. and 108th st. 170 tt. ; H. Marks; at $4,000. Totes e. Corner Morningside av., i 1 tt. and 112th. Kamal at 8. 8 13th 225 ft. west 7th’ ay. Boulevard, bias ‘1 fet Legpoia Friedman; at $3800.00. i fee occu ign entire wore) apleck bounded by Central Park ay., 124d st icholas and st; A. (No. 380 2d ‘av, gorper 22d st.), 24. 11x50., 10 and. eep 26,950 “11,409 25s. ‘3 Jot 100 ft. errenee Mecunn. . (NO. ay., corner 22d st,), 24.134x48.10 iB ats Reilll $83 2d av), 241ix48.10x68.1134 “ft. No. id Bast ‘Zed st.), 18x40x74.9 ¥ 3 13-8. De h. (No. aane k st), Frege B. PR al MS 3a be Ne Laat Tock st Bk aseod Tee ‘to Mur- ee y & Co. if 11,750, 15s8ch. 8. b. BY 4. J. BLEECKER, SON” AND CO.—UROORLYN PROPERTY. 2s. ‘and at. f. h., 295 9th st., bet. ‘th and 5th Mee 30.6x 38x80 ft. to James Boynton. 2s. and Ne fr. bey st., Ani 3d'and'ith’ avs.; dix | ‘36x f 12s. hg he 593 gouatl ‘cottage, 1sxit tt. '6.2x100x115 it. ; to A. G. MUNICIPAL AFFAIRS, Board of Aldermen. A meeting ofthe Board of Aldermen was held yesterday, President Vance in the chair. A NEW STREET, Alderman MONHEIMER moved the following reso- Tution:— Resolved, That the Board of Street Opening and Im- provements be requested to take immediate measures to extend iim street, from Heado to Chambers street, and Widen and straighten said street to a unitorm width of Cighty feet for its entire. length trom Chainbers street, to Marion treet on the westerly side, and extend the sald street in as nearly a straight line as possible, of a uniform width ofeighty ieet, to connect with Lafayette piace; also to extend Latayette place to the Fourth avenue in As near a straight line as possible, passing along the east- erly side of St, Ann’s church and kighth street, ‘The resolution was referred. ANNEXATION OF PART OF WESTCHESTER COUNTY. Alderman BILLiNGs brought up a report from the Law Committee endorsing the bill now before the Legislature for the annexation of West Farms, Kings Bridge and Morrisania, and urging that the resolution and report of the cemmuttee be for- warded to the Legislature. After a close vote, Alderman Coorer moved that the report be laid over, and the motion was carried, ‘and ataule Corder. THE NIGHT SOIT. CONTRACT. Alderman CoorEK moved that the Board of Health be authorized to advertise for a contract for the removal of the night soil, at a sum not exceed- ing 000 per year. The motion was, on a vote, Jost; six voting in the affirmative and six in the negative, THE GETTYSBURG MEMORIAL. The Board of Apportionment was authorized to ee $5,000 tor the above memorial. here was not a sudicient number of members present to carry ‘General Orders,” and the board adjourned at four o'clock. Board of Supervisors. A meeting of the Board of Supervisors was held yesterday, the Mayor in the chair, WHAT IT COSTS TO TRY MURDERERS. The following bills were presented for professional services as medical experts in the case of John Scannel :— Dr. Thaddeus M. B. Cross... Dr. William A, Hammond Referred to Committee on Criminal Courts, Bill of the Astor House for meals ior jurorsen the foliowing-named triais: Corde’s trial. $200 09 Scannell trial. 1770 00 Scannell trial 229 Robert Bonyns The resolution for 1 r sing the Twenty-second Regiment armory for three years, at $20,000 per annum, was adopted on a vote of eleven votes. ‘the Board, aiter the transaction of the regular business, adjourned to Monday next, on the motion of Alderman Riicy, a manifestation of respect to Alderman Ottendc , the wumeral of whose daugh- ter took place yesterday, The Markets of the City. The following report has just been made to the Legislature by Comptroller Green, relative to the public markets, in accordance with a resolution offered by Senator Tiemann on the 3d of March instant:— ‘To te Hoxorante tie Senate :— Tn compliance wrth a resolitt.on of the Senate, whereby the undersigned is requested to communicate “a siate- ment she the expenditures and revenues of the va- rious public markets of the city and any other inforuna tion respecting said markets that may, in his judgment be useful in framing proper legislation on this subject,» the following statements and information are respect. fully submitted :— qipe Present Comptrotier assumed office in the Fall of Vor a comparison of results with the year 1872 the year | i870 is taken, ‘The total number of employes in 1870 was... ‘The total number of employes iu 1872 was. Reduction in number of employes. gf just one id coat of these empl The cost of these employes in 18/2 Wh Showing a reduction of. or nearly 45 per cent, Schedule A shows this matter in detall -— e total receipts in 1872 were. The total Teceiptsin 1870 were. Showing a gain in 1872 over 1870 of ‘The total expensos in 187) were The total expenses in 1872 wer Less the difierence pail for repairs in 18%: OVED DUN Geils vavevs Thies ceva eowld eos 1872 over 1870 of. . Showing a reduction te receipts and expenititares ofeach Schedule U shows tht of the markets of the city for ven years, trom 1363 to Is both inclusive, as tollows = Expenditures, S211,0408 it Receipts, $955, (43 Tomp! * Eighteenth ward... ‘Total. ‘Total receipts, é Total expenditures. . 19,767 Net revenue for ten years...... «$2,074,098 This i equal to 4.80 por cent per annum on a Vodde ation of $4,267,374, BARIBLE MISTAKE. Mr, Frederick Schenkel, the Newarker who, as related in Monday’s HeraLp, took poison on Sun- day in mistake for meslicine, has since died a frightial death, At first it was Mee ne he would recover, but the muriutic acid and solution of Zine ate away the under coating of his stomach, cansed inflammation, the vomiting @f several quarts of Diood, and then deat. Yeeccased was forty-eight yours of ages NEW JERSEY'S VICTORY. The General Railroad Bill Passed Both Houses. McPherson’s Repentance Applauded—The Vote in the Senate Unanimous—A Blow at Pat- terson’s Bill—Local Option Killed. Monopoly, which was killed in the New Jersey Legislature on Wednesday, was laid in its little bed yesterday, when the General Railroad bill passed: the Senate, without a dissenting voice, all the: Senators being present. There was no debate, yet @ remarkable and pleasing scene was witnessed in the public conversion of McPherson to the ranks: ofthe people. He was the only Senator who spoke: on the bill, and he spoke in explanation of his Position. Me rejoiced that the hour was at hand) when the peepie of New Jersey might cry out that they were at last rescued from the power of the monopoly. When this end Would be accomplished New Jersey would sit robed. in white, for she had been redeemed through fire. In this strain he proceeded, provoking hearty laughter from Hopkins, Irick, Sewell and Jarrard, his late companions, but eliciting applause from the galleries, which the President, however, quickly suppressed, and he announced that the galleries would be cleared if the demonstratiom were repeated. McPherson’s pride ence more re~ gained sway over him, when he announced that in his past record he had nothing to reeall, nothing to regret, This referred to his vote on Assembly bill No, 8, when he waged war and waged it suce cessfully against the people of the State. When the vote was being taken Sewell explained his vote by saying that, though ne had offered several amendments, he offered them in perfect good faitn and with a view to render the bilp perfect. He had been from the beginning in favor of a general railroad law, and would, therefore, gladly vote aye on the present bill. When the Prosident announced “The bill if passed, twenty-one Senators voting in the affirma« tive and none in the negative,” another storm arose in the galleries, which could not pe sup pressed till they were cleared. There is nothing in the entire history of New Jersey legislation sa remarkable as the unanimity with which the Scott Senators voted for this bill. A few grumblers in the lobby, who were supporting the bill and who would never give a man credit for good intentions construe this action into “a nigger in the fence.” Their suspicions were certainly aroused when McPherson, soon after the pee ge of the General Railroad bill, offered a reso- ution that alter that bill should become a law (by the signature of the Governor) no further action be taken by the Senate during the present sessiom on bills giving power to build railroads. That reso« lution was a clincher, and was an overt act of hos- tility against Patterson’s through line bill, which ig simply 4 @ reproduction of No. 3, with a few trifling alterattons, Williams moved to lay the resolution on th table. Irick soon afterwards had it called up. Havens opposed it, declaring it was out of order. Alter some further debate, in which Cutler, evens Williams, Hopkins, McPherson, Havens, Hewitt, Irick and Stone teok part, Stone protesting that it ‘was unjust, unfair and he pel les to the Assem¢ by, @ division was taken, with the following re« sult:— Yuas—Messrs. Beesley, Hopkins, Irick, Jarrard, Lyd decker, McPherson, Moore, Newkirk, Sewell and Shep: pard— do, s—Messrs. Banghart, Cornish, Cutler, Edsall, Ha: yee ‘Hendrickson, Hewitt, Stone, Vaylor, Williams and The resolution was accordingly lost. The Local opece billcame up in the House, and Morrow moved the indeGnita postponement of thig vexatious question. Macknett, in supporting one bill, read some temperance lectures jbat he was com- pletely floored by Ryder, who defended the square, Straight drinkers, by advancing the doctrine that more persons descend to premature graves for want of a proper supply of caloric than died from excess of it. At Jengih @ division was taken, and as this is a question which has agitated the peopla of New Jersey for the past four years, the record will be instructive. the indefinite postpone- ment of the bill the vote stood :— Yras—Mosera, Anderson. J.: Anderson, J. J. Raldwing Campbell, Canfleld, Carpenter, Cole. Doremus, Farrier, Ficceenitees, Sorat, ih sentient lorrow, Mu * 5 ., dion, Ryder, Smalley, Sproul, Wandle,"Ward and’ Washy NaveeMesses. Borton, Cargo, Cavileer. Cooler, Dorrell, Hemming wa. t, foppock, Yowell Tecan beaming. a Lutherry, Mucknett, Marterd ‘chenck, Schultze; smith, A. J.7 sono Wei Thonipsom: "Whitticur, Wilde. and Wilt lett This is the last of local option during the present session. THE NEWARK TRAGEDY. Funeral of Miss Lyon—What the Kind Clergyman Said. At the residence of her uncle, Mr, Israel Baldwing in Plane street, yesterday, the funeral services over the remains of Miss Lyon, the Newark suicide took place in the presence of a large number of friends and relatives of the deceased gjrl. Placed in a handsome casket, and arranged with all the artof the undertaker, the body presented an apé pearance the very reverse of repulsive. In lifd Miss Lyon was very prepossessing in features, and in death she looked as though enjoying a refreshé ing sleep. A profusion of choice flowers lay about the casket, and on it was a silver plate with the usual inscription. City Superintendent of Schools, G. B. Seers, and several teachers wera among the assembiage. Rev. Dr. Mcllvaine, of tha High street Presbyterian church, conducted tha services, and in the course of some feeling remarks on the deceased charitably stated that there wat but one conclusion as to the cause of the girl’s rash act, and that was that she was sponsibly insane. itor Physician Dodd and Dr. Abraham Coled say Miss Lyon's is the only case of suicide they have known ina quarter of a century 0: practice in which a women has committed suicide by shooting herself. ‘They have known of many caseg in which drowning and poison have been resorted to by females, but never a case of throat. rye hanging or shooting until the act of Lyon. They attribute this to woman’s natyrai Tack of physical courage generally, JONATHAN OLDBUCK TO GOVERNOR DIX, No Tax on Six Per Cent Mortg.ges. To Tne Eprror oF THE HERALD:— To Governor Dix—You referred in your annuaY message to the propriety, if not the necessity, of repealing or altering the law that imposes a tax upon money loaned upon real estate securitys This recommendation has been recetved with soma favor by the people, but there are many who ap- prehend that the advantages you propose are all on the side of the capitalist, or loaner, therefora they hesitate, and doubt the accuracy of your assertion that all will be benefited, as they should be, by the repeal of this tax, Many borrowers sug- gest that the tax should not be absolutely repealed, so as to exempt ali’ loans upon mortgage, but that the repeal should indirectly reduce the rate of i terest to the borrower, It the tax shall be repealed where the interest is charged at oniy six per cent, and not repeled where the rate charged is seven per cent, jaw would benefit the borrower as lender. The tax imposed upon personal property throughout our State will average imore than two x cent. Therefore, a mortgage beating sever Per cent interest must pay two per cent tax, which reduces the net interest to five per cou By ex= empting all mortgage loans that bear six per cent interest, it will appear that the capitalix* or loaner will receive one pe ut more on a six per cent mortgage loan than upou one liiredes an interes of seven per cent. You will thus practically reduce the rate of interest to six per cent to the borrower, while you enhance the net interest more than one per cent to the loaner. Here is a plan that is equitable and just to bor« rower and lender, and ba reee rh sour oa probation, ag all such laws shouid. myo Tiona, JONATHAN OLDBUCK, THE FIRE ALARM TBL TELEGRAPH CLAIM. 104 CENTRE ng StwEET, March 19, 1373, y To THE Eprror oF THE HERALD: The late firm of Charles T. & I. N. Chester (of which I am the surviving member) made contracts with the Fire Departmeat of the city oi New York for the construction of the fire alarm telegraph, At the time Comptroller Green came tato vite there was abalance due us from the city on account of said contracts of about one hundred and eighty« seven thousand dollars, the work having been al completed and the city in possession und use of the system, The statement in your payer of this te that our “claim could have been settled for. noncis ago’1s a misiake, We tu take, nor would we at any any amount less than our clati , Knowing that we were legal) and justly enticew to the full amount. We were « compelled to a. ito the Courts to enforce the payment, and Were awarded the amount of our claim With interest, bub we were compelied to pay our OWA cysts, Nesvectfiully yours, CHARLES 7. CHESTER, - fave never offer time have taken. under the cont oe

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