The New York Herald Newspaper, March 22, 1873, Page 10

‘ ) ‘ 8 FINANCIAL AND COMMERCIAL, Sudden Relaxation in Money at the Close. The Rate on Call Goes Off from 1-16 and Interest to 6 Per Cent. GOVERNMENTS STRONG AND ACTIVE. Revival of the European Demand for United States Bonds, DECLINE IN FOREIGN EXCHANGE. ‘The ‘Gold Market Lower, but Ral- lied by the Clique, Prices at the Stock Exchange Unsettled and Irregular. \A Decline in Pacific Mail and a Rise in Western Union. WALL STREET, } Fripay, March 21—6 P. M. On Change to-day cotton was in fair request, good ordinary being reduced xc, per pound, and sow middling upland advanced 3c. per pound, Flour continued quiet, Wheat and corn were ‘irmer, THE DRY Goops ImPorTs. ‘The total imports of foreign dry goods at the port wf New York during the week ending March 20, 1878, were of the specie value of $2,987,416. The ‘amount marketed during the same period was $2,668, 423, THE FOREIGN. MARKET. The London quotations were steady for’ consols and United States bonds. Erie shares were firmer ‘and closed at 515%, equivalent to about 6444 in our currency. French rentes in Paris advanced to 55.65, doubtless on the gain of 500,000 francs in the bullion account of the Bank of France during the ‘past week. i MONEY BASIER. The money market was active—perhaps 4t de- served to be called stringent—daring all the earlier portion of the day, the rate on call among the stockbrokers standing at 1-16 to 1-16 and interest the greater part of the time. After two o'clock, however, there was a sensible relaxation, and the rate yielded to 1-32 and then to seven per oent, old, and eventually loans were made at AS LOW 8 SIX PER CENT before three o'clock, the sidewalk market breaking up at the earliest it has separated in a good while. In explanation it is said that the clique of meney Squeezers were unable to control the rate any longer, the fow of currency to this city from the ‘West making a steady accumulation of money.out- @ide the sources from which they drew for their daily operations in the street, It is pretty gen- erally understood that the clique were supplied ‘with money by certain bank officials, on the agree- ‘ment that they were to allow the banks seven per cent and a share of the “commission,” or bonus, obtained for the use of the money from the stock- ‘brokers. Mercantile paper was nominal and un- DECLINE IN FOREIGN EXCHANGE. The foreign exchanges were weak and lower ‘under large sales of bankers’ bills drawn against the export to Germany of United States bonds and also of shipments of Erie wo London. Rates were Feduced 3 at the desk, but prime sterling was to be had at 107% a 108%. The following are tne re- vised quotations:—Sterling, sixty days commer- Cial, 107% a 107% ; de., good to prime bunkers, 10734 8 108%; do., short sight, 108% a 108%; Paris, sixty ays, 5.3234 a 5.2834 ; do., short sight: 5.23% a 5.22345 Prussian thalers, 70% a@ 7144; Amtwerp, 5.324 a 6.2734; Switzerland, 5.3234 a 6.2734; Hamburg, 94 a 04% ; Amsterdam, 39% a 4034 ; Frankfort, 40} a 4024; Bremen, 94 a 9475. GOLD STEADY—115% A 1154. ‘The gold market opened weak despite the strenu- us resistance of the clique, and the price went off to 116%, the downward tendency being in sympa- thy with the decline in foreign exchange, and re- ceiving help from the Custom House return of dry goods imports for the week of less than $3,000,000. It will be remembered tnat the small return of im- ports last week was attributed to the non-arrival of several cargoes, and that the deficiency would eppear as an overplus this week. This calculation has not proved a correct one, as the Custom House figures show. Despite these infuences the clique, who had some dificulty in managing the CASH GOLD at the Clearing Mouse, but got a better ‘“pur- chase” upon it for the three o’clock deliveries, succeeded in restoring the market to 115% atthe close, their efforts being assisted by the announce- ment from Washington that the Treasury had been compelled to draw upon the extra greenbacks to the extent of another million of dollars, The course of the market is shown in the table:— 116% 116% 11544 115% 1d} iP M.. 164A 115% In the gold loan market the rates ranged from 116 for carrying to flat for borrowing. The epera- tions of the Gold Exchange Bank were as fol- lows :— Gold cleared, Gold balances... 1,318,233 currency balance 1,566,424 The Sub-Treasury paid out $87,000 on account of dnterest and $700 on account of redeemed five- twenties, «$56,306,000 RAILROAD BONDS. The railroad bonds were rather less active, but prices were generally firm. Union Pacific in- comes were strong and advanced to 78, but the Girsts were heavy and barely steady. Central Paci- ics were weak. Boston, Hartford and Erie firsts declined to forty. The follewing were the vids at the call, as amended by prices in subsequent deal- togs:— Jew York Cen Cs.1885. 434 Del, Lack & W Ist, m. ..102 Rew York con e's i8e7: ba Deli Lack & W Westra ii. se | iu Rew York Cen Usire-: 8 Tol Wab Istin. ex... vse 204 € so L div 39° | iw Quicksilver prei.. 4 ‘99 Aerie lat m, endorved rie i oad mn in & Naples Gt Weert iat Ut West 2d m, Quiney 4 & tol et 190.232 9a Til & So Jowa Ist m. Ga} & Clue extended. a & Ub Harlem 4's, ist Alb & Sus lst bds, Alb & bus ud bus Alb & Sus $d Uds Mich ven e's, Ist im, Chic, Bur & Qs Mich'so 7 v6 Mich oa N & A old bas. y & A uew Dds... 1 Mon & Tol ude Ute & Alt Ist m, Chic @ Alt incom Pac RK 7's, gv Gen Pac State Obio & Miss 2d m, con. Dub & Sioux City’ I Peninsula ist m, con; St Louis & Jron ‘i ist. MA SUP ud m,C 4M Marietta & Cin’ ist m,. Chic & Mi istm Joliet & Chic ist in ol, Chie & ina. ast i Chie & 0% Toa We ny bds. Ww Tol PAW WD 9 TohP AW, Buna amy Bost, Ht & Brie lana” eT Cl,’ beat a Jer dt id’, m, SOUTHERN sbithseres IRREGULAR, The Southern State bonds were lower for the ‘Tennessees, which left off weak at 85. Missouri eixes were strong, and the others were generally steady. The following were the closing quota- tions :—Tennessee, ex coupon, 64 @ 85; do., new, 84a 86; Virginia, ex coupon, 44 @ 48; do., regis. A gtock. Old, 37 & 40,00 BIxGs Consolidated Aata NEW YORK, HERALD, SATURDAY, MAKUH 22, 1873—TRIPLE SHEET. | Donde, 06 » 6653 do. do,, deferred scrip, 14 2.15; Georgia sixes, 70 @ 78; do. sevens, 8 090; North Carolina, ex coupon, 31 a 33; do. to North Carolina Railroad, 60.8 61; do, funding, 1866, 20 a 25; do. do., 1868, 17 @ 19; ,@0,, mew, 17 #18; do., special tax, 18.914; Louisiana sixes, 45 a 60; Alabama fives, 55 @ 60; do. eights, 80a 85; South Carolina sixes, 90.0 40; do., new, January and July, 18 9 19; do. do,, April and October, 20 @ 22; Arkansas sixes, funded, 40 @ 42, GOVERNMENTS BUOYANT. The gevernment het was active and buoyant Upon large purchases by the German bankers, who seemed to have heavy orders in the ’81’s and ’67’s, which were strong at 119 and 117 respectively, ‘The registered bonds of these dates (which are not available in the foreign market) were to be had two per cent cheaper. The indications of the past few weeks point toa decided revival of the European demand for United States bonds, the consequence of a reaction from the distrust occa- sioned by the default in the interest of certain “wild-cat” railroad bonds and from the first greedy appetite for bank and other shares in Ger- many begotten of THE FLUSH TIMES that came in with the present year. The following were the closing quotations:—United States cur- rency sixes, 11334 @ 113%; do. do., 1881, registered, 117 a 1174; do. de. do,, coupon, 119 @ 11934; do. five-twenties, registered, May and November, 1157 @ 11644; do. do,, 1862, coupon, do,, 115% a 116%; do, do., 1864, do. do., 115% @ 116%; do, do., 1865, do. do., 117 @ 11734; do, do,, registered, January and July, 114% a@ 11534; do, do., 1865, coupon, do., 114% @ 115; do. do., 1967, do. do,, 1171173; do. do., 1868, do, d0., 11634 @ 116% ; do. ten-forties, reg- istered, 11034 @ 110%; do, do., coupon, 111 @ 111%; do, fives of 1881, registered, 1135 a 113%; do. do., coupon, 113% @ 113%. STOCKS DULL AND IRREGULAR. ‘The steck market was dull in its general tenor, and prices were firm for some of the list and lower for others, The chief features were @ further de- cline in Pacific Mail to 63% and an advance in re tern Union to 8734, the one being the leader of “weaker sisters,’? as the other was the rally- he point for the more steadfast. It was a market in which the lines between “bulls” and “bears” were but indistinctly drawn, except in individual stocks, The destruction of the Erie depot at Jersey City caused a decline in the stock to 63%. C., C. and 1, ©. fell to 3754, but rallied neariy one per cent toward the close, when the list generally re- covered, in answer te the relaxation in money. Panama, which was quoted ex dividend of 3 per cent, declined to 1093s, but rallied 2to 3 per cent later inthe day. Harlem was weak under a pressure of sales, and fell to 1343. HIGHEST AND LOWES? PRICES, ‘The following table shows the highest and lowest prices of the principal stocks during the day :— 10034 6334 9335 12h 80 88% m4 55% St. Paul preferred. 1 Ohio and Mississippi. 44% Union Pacitic, 8434 C., C, and I. Cc, 87% Western Union Telegraph. 8635 PACIIC Mall......ss000seeeee + 5634 13 In Philadelphia Reading continued weak and ‘was lower, but left off steady at 115%. : ERIE RAILWAY RECEIPTS. ‘The following is the oficial return of estimated weekly earnings, commeacing November 1, 1872;— 1872, 1873, 1 Days. % Days. For week ending March 15. $393,120 $416,838 Previeusly reperted...... Total earnings since Nov. Increase for week......... increase for tour months and two weeks, to date... oe 242,100 SALES AT THE NEW YORK STOCK EXOHANGE, aaa, March 21—10:15 A. M. 6,863,997 6,082,379 6,257,117 $6,499,217 23,718 $500 US 6's, "61, c. $1000 Os 5.2u, 0, 4.... 1g 1000 do. sx do... 16, 10000 US 5-20, c, 7" 1000 US 6.21, 1% 10 A. M.—Before Call. 100shs West Un Tel...c 8634 400shs NY C &H RRR 100% yoo do. , 100° Go. + 100% SRR. 200 lo. ng Board—10:30 A. M. yes peas RR. Ne 13775 1000N 1000 Had R 2d, s f 6u00 Alb & Sus zd m 1000 Mich 5 2d m, Se = geageseaaag Wel & HCanal...be 130 1W Pac MSS Co. 96% 200 oT Be 20 U0 toa 400 55% 100 | 85M wo Ob iw + 55S “0 + 0M 0 . 55ig SU 100 200 Aw 50% Gu 400 £6'%4 1U0 5 00 lw S00 wu Ww 200 1w sw 12:15 and 2:15 P. M. $10000 US 5-20, 0, "68... 1 1000 US 6's, "8),r..... LIZ fico do 4 30000 do 0000 di on us 2, ei US e's, cur. yu US 5's, "sl, c. “12130 PB. M.—Before Cull. 600 shs Pac M SS. 58% TYE, CC Pat Rie ry Bile 8384 800 Erie Sti 54s lou K ot | E 2000 34 10000 J 6 she 6 8 Fou 4 5 3 oe 6s is § 2 i i F 0. 10 500 West Un Tei. wo, do. 270 ai Panaw 10 00 100 do. Mass 800 mo a 12 200Pac 100 de 10% 400 400 do. ul 900 190 Cen HiT 1400 20 do. 1 1000 100 0 0 qu “21 ©. 88 200 26 N 103% wo 1000 14s a0 0 Fs 500 100 700 200 M: i +18 00 200 43% woo 200 rH 60 ‘80 45) 100 rn 9% oo it aig 500 20 se SESE: SR oo eee BEESES CLOSING PRICES—4 O’OLOCK P. M. Western Uni 7 ake Shore..... Si Quicksilver, uicksilver Wells-Fargo ix ws a big as Bx. cH Beet Am Mer E val oe COMMERCIAL REPORT. Cotton Irregular; Receipts at the Ports 9,136 Bales—Flour Quiet—Wheat and Corn Firmer—Oats Better—Provisions Steady — Groceries Quiet and Un- changed—Petroleum Quiet—Spirits Tur- pentine Nominal—Rosin Active and Lower—Copper Active — East India Goods Quict—Wool More Active and Firm—Whiskey Easier. Fripay, March 21—6 P. M. The trade movement was rather brisker to-day, and in some commodities business was active at full orimproved prices. As ‘a general rule, how- ever, there was but little change in values, though there was ® more general movement throughout trade circles. The scarcity of tonnage was still felt, except that engaged in the petroleum trade, which was more freely offered and on termsrather more advantageous to the shipper. Grain room ‘Was scarce, and even dearer than previously, while the offerings were a little more liberal. The cot- ton market was still quiet, but spot cotton was a trifle firmer, the market having partially recovered from the late collapse. At the Produce Ex- change there was a better feeling in bread- stuffs, mduced by @ rather better inquiry for account of foreign shippers. Flour ruled quiet but steady. Wheat was in better demand, how- ever, and with @ very small supply and limited receipts prices were advanced 1c. a 2c. per bushel, which had the effect of checking sales. Neverthe- less there was something done for export, and con- siderable could have been sold on the basis of yesterday's quotations, which holders universally refused. Corn remained quiet, but the market was firm. Oats were more active, and on some kinds an improvement was established. afer basen depressed by heavy receipts, and prices were low Pork and lard were rather quiet and without ‘accided change in price, Groceries continued neglected through- general market, but prices underwent no ma- ferial change. Petroleum Femained dull, ‘spirits of tur- entine was dull and nominal, while rosin was active, ut at a marked decline in prices. Wool was in more de- mand and the market firmer. Asues.—Keceipts for the past three days 153 packages. The receipts were rather more liberal, and the demand fair trom the jobbing trat Prices were unchanged tor ts and entirely nominal for pearls. We quote :—Pots, BUILDING Marentats.—As the season advances the de- mand for brick gradually Improves but yet the inquiry is onty fair, with former prices ruling current. Lime vas in modérate demand and steady, at $1 60 for Rock: and common and $1 7 for do, lump. ’ Cement continued quiet, but unchanged; Rosendale quoted at$2 10 laster Paris was quiet and quot $4 per ton for blue Nova Seotia, $6 25 for, white ft, and 2°40 per Eastern. Hair was in moderate request ‘Sle, for mixed Rio Grande, 2%c. a S2c, for a Sie. Jor Southern Buenos Ayres, 200. a for cattle and 28. tor goat, 308 for Eastern spruce. Corvace.—The de! continues only, fat. but priges show ‘no emential change for, any description. "Bie; tarred, Nauta, iwiarred Maal staat rope, 18 se. kit. New Zealand cordage, 6c a W7e.; Russia bol Ganauag <The market heen very quiet since our last for all descriptions. trian, trade has been only fair, and former prices were current. We quote :—Sperm, nt ‘a 42c, ; paraMne, 3c. a 3c. ; stearic, ine, ‘We. @ Zlc. market ‘continued dull for all deserip- tions, but. there was no noticeable change in prices. We quote :—Rio—-Ordinary cargoes, 16%c. a 1 Vie 4 fair car- oes, Io, a 18%4c.; good cargoes, 19. a 19) rime care jc. a 1c. extreme range. for lots, Wages we. 2ic.s do. on mats, 200. lon, 173 He, Lasse. 5 Porto Rico, Ise. a 2 i 8190, ; in, trsge Me eet ‘Angostura, 173g. 8 138607: * davenitia, C8 eee Our uragon, 1/340." Isgc., gold, per Ib., 60 & lay s'cre bi days hag been fairly active during the three days, and the market closed with w slight improve: mént noticeable. Large sales ot Inke were ma Pally tor tuture, at Aigo. a Sie. cash, and Sze. tor deliv- cries from June until October: also’ 140 tons of English 8 sobge,, 60 days, and 760.00 Ibs. of Tennesse, 10F at gue. ® ali the at dle. Corros.—the inarket for cotton on the spot was but modera' active. The low grades were offered treely and were only salable for material concessions in price. The annexed quotations show a decline ot 4c. per Ib. OF good ordinary, while low middling was advanced ie, per lb, Low middling and the beter qualities were held h notations quiet erately active We sum up thus :— Last Peening. Total, 6 Lost 2,82 fi it) firmness, the market at the revised Fature deliveries were mo per Ib, dearer, To- De ut steady. and about jc. he sas Exp: ” Cousuuiption Total..... =Included abo delivery. (oasis ‘iow middling) the sale lows :—Sales last Om alter three Y. M 18; April, 200 8 13-16e., 200 at 18 8G. ie ap 1 Lge. 7 i os ' Ws ie at 103 P, M.—-April, 1,782 2,548 Sib Bales oar e. For future ave been as tol- —Mareh, 18 eat al Pa rae ba ‘at 13 11-16c 7 at 18 9-160. ; Say, 100 at Ie 400 at La all 15.166. iy at 1s IB-16o., 100 at aN 1,00) at 15 15:160,, 100 at 700, ie 100 at 18 15-16¢,, 900 at wooo as 10 Lite 800 at 19% 6,, 1,200 $162.4 GOO at 10; July, 100" at 400 at 19%0.," 10" at 19 At 19 5-160., 100 at 19%. total,” 20,700 bales, rs up as eter get fase, Modi Savannah, orfolk, 1,315} Ly 136 whic ght ! osu. a lg. We ood 0 Strict ‘cond ordinary Low middii lity not more than half a grade above or below the Srade quoted: 2 state Kxtra State Choice Stat TOP P PEPE PES EP ESSE DEEP ESP ? 2 umuioacasESarSesesenet PRP BRESSSSSSSSSARESESERSER as vanced ‘were hight. 1 65 for No.2 Chicago and $1 iL ee in store and afloat, the inter being ‘held firm at $1 70 afloat. irae fetta a eet meee Goat ica for No. ¥Chtoagor $1 755 61 88 and ber Winter, $! juiet, Bt eoice, for ordinary r iets ins ran Sige or do, align, ras for new do, fo citer Yor wh ror whiter Ae about bushels k new mixed the track, é5c. a 1c. orn new Siac, Hence 6c. 247) Se. for new mixed atloat dBc. 0 80340. for new, white 1d held homing atsligc. in store. Barley: 3g us at 55c. a 600. for very inferior Western ; 9c. @ $1 for common do.. $1 28in store for Canada. and 86c. for two-rowed State delivered, Rye continued nowinal. Last sales rh pth etapa ie 3 in bond. of berth freight Freights.—Busitess in the line ts, owing tothe searchiy of room, continued. quiet, but rates were not materially ch ting for grain, where ad- ced figures were’ pa id. The demand’ for ‘vessels for charter continued. Bartioularly 4r gove gultablo to the petroleum ott i Rates e8 rule mig: tne engage nents wore to Livernon uanols ca at 7d-; 100 hinds, tallow at sey aenall lots of provisions at foriner rates. To Londou,, by. sali 2. Hour at 28 64,5 700 bbls. rosin avds. 734d, To Bristol, Dy wall, 100 nds tallow at sis, Od. ‘The charters include Dark, ence to Rotterdam, 4,800 bbls. refined petroleum at 6s. 6d. ; a government bark, Hetice 1a Bre Dbis. refined do, on owner's accdunt; a Swe tenburg, 1,000 bbls, refined do, at_ 7s, 6d.', & Norwegian brig, hence to a port in the United Ki dom, 2,000 bl {pb fined at 7s. ; a B ship, 1,073 tons,to Bristol,get go at currentr: British ship,about 100 ‘tons,to Penton Keneral cargo, lump qm ca North German, bark (wow at iybee), from Phil lelphia to Bremen, 800 bbls. retned petrolcum at fe, Sd. a Brittah bark, to' arrive irom do. 4 Continental | ort, pean ich, 5,000 bbls. nee do. FO Og ay br tons, from Bal- Thomas. ce timore to Gunaaes. the market very quiet since our Tam mene pe being conenea. to 81 all, uni oe pie | im, of domestic #0 forsulyd delivery, fat Lasgo.’ We quote Domestic cloth, 13%4e. w 1330. ‘a for the Summer months. , hence to Gut- ut teur axo Jute, —Trade continued slow for all descrip- tions sae Rina prices underwent no material change. We quote:—Ainerican double dressed, $3 0 a $2 851 do. unele dressed, $1 960 $2; do. undre 5 au cleat $2 1 a $2. "15, 5, Gals Tealiah $9100 $9 10; anita, 10} ec. a B4c., do., and Tam: 63 dO. Sue eo neglected, but remained in price; quoted at 3c, # dc., ‘old. ou butts Might request and steady. Sales in lots, at zie, currency, cash, and 20) bales at Zi4c. do. 60 days, Hors,—ihe receipts have been more liberal ‘ane has accumulated somewhat The demand was ver ill holding off. Prices were unc! enreas New growth of Btate, Eastern an J Galliornia, 0c, » 6le.;, Havarian, thes ', Engi 4c. ily stb Braaw.-"ihe demand has been fair for both hay and straw, with prices ruling about steady. | We uote : “Shipp. atl retail qualities at $1 30 8 $1 {0 do. he Fine "Sr isa $1 i0; sliort dos 0. $La ony a ; short do. 1; oat, B0c. ons Wyneat bap rere? ted jol demand for domestic nothi “of ‘ima Casey transpired, yet the in- Guiry for foreign’ was moderate, but without leading to reported transactions, We quote = Cuba, cone teal and mixed Ouba, clayed. ras about steady at ‘Yesterday's closing price, bur entire- the ‘absence of transactions; quoted at eaidedly: 30. We ly nominal, in So3ge. a 57¢. Rosin was tairly active, but at user prices, strained closiugat about $3 29, heard of sales o wo bbls. good strained do. at $3 30a $3 40; B00 250 dbis. of common mares 25; 1,000 500 bbls. free ou board, at r 1,000 bis, ationt at $3 40; 150 bi Dbl "do. at $4 1a}¢- “Tar ‘and pitch were not dealt in and nomi ‘U11s,—Lingeed has sold moderately in a (etter mt way Lard oll Was in better demand and at unchanged prices. and firm, Men aden attracted some ‘notice, rir full Crude via a0 8 perm were quiet and unchanged, We . in_ casks and vec. in bbis.; i ees y rT, and tor prime ae na 6ic. for bleaches d, 68. a 72e. for No. 1; ‘Menhaden, ‘60c, a 62c. for selectes t and he. for chiolce brown: crude cotton seed, Wie.; Seater ‘a $1 40; No. 1do., Mii te market netnainod uchanged, both as res mand and prices current, Retinfed held at 1930. for cargoes for remainder of month. Crude, bulk, at 9c. for prompt delivery, but futures can be had less." Cases i25igc. a 260, Naphtha, 120. a 13e. for Western toot lubrica\ PETROLEI aud city. Reports trom. the Creek were of firmer, but quiet market, quoted at $2 2 % at Oil City, and 9210 on the upper and lower road. The Philadelphia market continued dull and nomin balance of month 4 Later, sales were to- orted of Mayr bbls. for last half of ‘Aeptoh at ew York, 1,000 bbis. of crude ie bulk, spot, at bhe.t + gad 1.30) bois. of do. at Yige., and 000 bbis. or refined, late sterday, spot, a eaten ou, 826 bbls. ; beef, 61 ages; cut, im 823 do.; lard, 2247 bbls. and tlerces id 265k tne imarket for ‘mess pork was ste thder a moderately fair demand; sales, 500 bbis. tor April at $16,750 bbls for May at $16 10, 80) bbls. tor Itine ‘At $16 25, 1,000 bbis. tor do. at $16 S734c. Baco i fair request and about steady tn price; va clty long clear at 835c., 25 boxes Western do. at 8! boxes: Gumberiand cut at Sige, and Tot boxes o! ‘short rib middies at Sige. Dressed hows were rather firmer; city quoted at 7c. c. and Western at 7c. for light and heavy. ef was in light requer.s and the market steady; sales 75 packay jim the range ot $lua al. Refined held tor is tor new Pe ae ae Coveneee cos hee bbls. 5 he dingral . prime do., tierces, an india, do., tierces Beet hams remaine anler and steady at $30 a Fi tor Southern and $31 a $33 for Western. Cut meats— nder a continued. fair demand the market remained firm; sales were reported of 30 boxes of dry salted should; ers at 64e., 1,000 smoked hams at 1230. @ 13 boxes of wt salted hams, lW79c.; 1,000 “ beilies, 16 a Li Ke ° 'Pickled shoulders quoted at 6%c.; do. hams at lc. 2ige.; smoked shoulders at 7c. Lard—The market for Western, under moderately fair demand, ruled gicaay. The transactions include "3 tierce, spot, at nat brokerage; 50 fo ti ATL a nd 1,000 tierces tor do. ivuyer er paying bi Gity Was sendy at sige. for steam, and Sige. TOF kettle, Sales 230 Herces at the above prices, —The market has contmued very quiet, but we earn of no casential change in vaiten Khe salts’ day have sheen about Fees of Carolina, at 7340. 4 Bigcn, and 100 bags of Rangoon at 6%c, a 7 NKDSoKor Nuseed, the market continued @ull, with Biv Cntirely ominal in the absence of reported sales. over has been quiet but ee The ae for the it ree ‘8 aggregate about gs at fro! ior iste to prime. “Timothy was quiet, and, me ae Taher easier: ih flax wag in: woted at $3.6) & $3.05. or active but steadily hela; quoted at $2 STkARINK.—Market steady. 225,000 Ibs. of city at “suGAR.—Raw has met with tee |xtect sales to any considerab inquiry, but in order extent slight conse: # would have been necessary, which ag. Dut fife inclination to grant, We heard of WW hhds. of Demerara on private terms; 217 do. of trifugal at fc. 1.100 boxes of damaged do, at 87¢c., and 1,000 boxes, fescription not given, on private term: hs ‘quote :— md, tir, Dae: a inferior to commen, 7c. ‘a wo rocery, Mair to. good, tiger a Pe. Pi rn, Oe ah 935 ite: centrit al peda sed boxes, ac. & 9%4C. ; molanses, as, o. Ape boxe To. a Sc. ; melado, dc. Havani ch standard Nos. ae) don 10% 3 do. S oi0.4 ads tos Cc. ears ob ro ee: s Te sire. a diye. 6. 10540. zg 1c. je ly og .} Broce: nndard, Nos. 8 to 12,76, & standa: Nos. 10 10 12, Sg, a Be0. ‘Manil eek ‘and extra superior, 730. ® Tosacco-tThe market since our last has been dull for ail descriptions, but there was no noticeab values. ‘the sales were :—100 Grup seed leat sundries, at from fo,.8 16:10) Gonneetiout, crop A871, at Sic. a Oe. 100’ cages of sun- dries, crop 1871, or Ibe. a Sie. 7 hinds, of Kentucky, at 7c. a 14c., and 2) bales of Havana, at 9c. a ALLOW, —The market continued quiet, at Shout of common at" ‘BMC. ; prime city Steady, Sales 20 hids. agi ed at8 15-160. ..—There was quite an improvement in the de- mand and rather a beter feeling throughout the market A number, of manufacturers were in, town, and bid Pretty lively; Dut ag & general thing thelr offers were Frou Tc. to 28.'below the views ot holders, who, however, rerused: to realize except at full prices.” The transac: tions for the past three days have been fair, yet the sales yin amall lols, We heard of wales of 10,00) ifornin at 28e.; 2,000 Ths. slightly burry do., Sic. 60 bales Fall Calitornia, ‘Be, w Ye. ; 180 bales scoured, 1,500 "Ibs. | of fleeces,’ Sc super-pulled, : Ibs Montev 383 bs, Be. ; TH ibs. Mexteains 204; 10,000 Ths Cup 3th tbe Yow" scoured, Sos. . 400 ibs tabbed, Ibs. unwashed feoce, de. a i2e,; 20 bales stiper pulled, B6c. a 370. ; 460.5 19 bh Cale hy 353 16 do. 8 do. & Onto, Be "aon Ibs. mixed we eeces, 80 bales extra pulled, 85 do, ot No.1, gol auto Sprit scatteenin d0'do. Texas, 8 "do. of mixed Wool, ail on private teri Warskry.—Reeelpts, 1,288 barrels. With ineroased re- ceipts and buta light demand the market agmin riled easier. Sales 50 bbls, at 9%4c., and 1W bbls. ai Yte,, clos- img weak at the Inside prices.” DOMESTIO MARKETS, ~ Ga VESTON, Fg 21, 1873, Cotton quiet; owt ordinary, ldo, lige. Texas cae Oe Ase se strict Kood ordinee: y cits, 7 Exports—To Grei 28 y comstioe’ 23. Beles sone Btock, 64, Net receipts, 6, Exports—To Great Britain, the Continent, 1,250; ornare Jai ‘sales, 4700." March 21, 1872, Cotton tn, moderate dewanay sient Iie, Oise. 5 low nadine, ca ae Net ‘recelj Feat Britain, coustw mj sis ea Con ent 6; Sales, 700: lng, 5 208,747. heekly—wer reoeipta fsa rons, 576, orts—To Great Britain, 17.400; w the Continent, 9,704; Boastwise, 7222 Sales, bad,” Mont, Mi jh 21, 1873. Cotton firm; =e ieKe 5, 3. eee. WM. + receip' ri scr My bales oe Ss . March MIs BAVANRAR, wee Cotton quiet and steady; See secant) Bet THE BULL'S MEAD BANK. st tlaeeeky Tutecribie: WMG) war! Willisustia lane Bite a fd = ae Spirits of turpentine d firm strained crude. Turpentine quiet yellow ‘ip and virgin. Tar stead: xo spring 6 Winter, $11 1 Gorn dull gules car at! julet ey Rg ae Tic. ; to New York, N. Y., March Let 4 Flour quiet; Wenaen ice, $8 oe wi oe ait t dull ede SR i ar Rats pSing 8 6b: white y baie Ey ie wi Sonigaa, "eo ‘bushels Western 6 si. Sold io tts, "Gute t ‘esterm on track ai ej bold is re at ate quicts Western mixed held at PR gt ah ee Bier a Bo Te Tourrrewed Stat, minal af i sweadys Western, $l a 31 10; Dri {4052 gl is printe: Ganade: $1208 ei, eae ‘The balance of the ma: ket Curcago, March Flour Spohangeds only. lace trade. Wheat Pp uy iris Winter W Wekerm ae No.2 Spring, $1 2x April; No. 80, § 1 oe i a fresh ; Sofn sina ond mig, 51%4c., cash: ah Ko Ly spa ts unchal izle. Bt aa he 3 ¢ fs: us oN 4 es os ‘do; Shia ile core . COTTON OW RECEIPTS, New Yore, March 21, 1878. ‘The following are the net total receipts of cottom since September 1, 1872:— do. ; rye, 1 Grand total... EUROPEAN MARKETS. DON Monny Manxer.—Loxpow, March 21-5 P. M.— oaniie close cnehanged. “Unied. States five twranty Bonds, 1866's, old, 93343 1807's, $355 Dew fives, 903%." Erie Bovuse Pints, March 21—2:90 P, M.—Rentes, 85 f, 62c. Pants, March 21—P. M.—Rentes closed at 55f. 65c Liverroo. Corron Marxer.—LivzRPoo., Nivel as, a M.—The market closed quiet and unchanged. ofthe day have been 12,000 bales, includiny 2000 tor es. port and and Coveted ft les were Amer- 868.000 bales, including 27,000, ‘Am les, inclu 1 5 opened tiiet and steady, with middiing uplands ; middling seria ‘Oud, a dyd. othe sales of the wee have on) ales, including 8,000 for export 6,000, on The stock in’ port is Dales, Including” 26 Bet. Gn Ainerican tothe redvipts of the week have been 47, (£38, be bales, inciuding 17,000 American, Actual export, 5,000 Tes ke Mincasstes.—Ltvanroor, March d1.—The market for yarns and fabrics at Manchester is dull, but ot quotably lower. Livwrrool, BRkabsrorrs Marxer.—Livenroot, March 21-5 P. M.—The receipts of corn for the past three have been 10.00 quarters, all of which were Ameri The market is ateady ; corn, 27s. 64. per quarter. | The re, celpts of wheat for ‘the si kine it three days have been 5,000 quarters, including rican. BLIVERrOOL ‘Fnonoct Manscrt—Lrrmnroot, March 21-— ets iny rey turpentine, Sd. ewt.; common sin te 8 Oe oa. Sd. per Cowes spirita turpentine, 44s, 6d. per Prrrotecm Manxet.—Lonpox, March 21.—Refined pe- troleum, 16d. a 1634d. per gallon’; spirits, 16d. FINANCIAL, € | UGUST BELMONT & CO, Bankers, 19 and 31 Nassan street, issue Travellers Orédite, available in all parts of the world, through Messrs. DE ROTHSCHILD and their correspondents. igo Commercial Credits and transfers of money on California, Europe and Havana. —LAPSLEY & BAZLRY, 47 EXCHANGE PLACE, — RIVILEGES FULLY EXPLAINED IN PRACTICAL ILLUSTRATIONS AND IRCULAR MAILED TO ANY AD- DHESS; ‘NO RISK BEYOND AMOUNT INVESTED, me WISHES THE LOAN OF 000, FOR e will give securities bringing 8 per cent rine ly. Address G. 8., Herald Uptown Branch office. Aset8 « ber a 11 BROAD STREET, jock arid eer prbkere. a specialty; Puts, Calls and Double Privileges on all active | stocks; Pan capialies will find this a safe method of culating; explanator, clroula! with references, mailed 1 on application. cA pi Au AGED IN A GOOD PAYING, LEOUINATS borrow pay the Mortgage, the sane covering all outstanding accounts, stock and cash on hand ; futrher, will give a paldcup Lite Insurance Polley, covering, the amount of money bor- rowed, and for the same term of years. Address Herald office. URRAY HILL BANK. New Yorx, March 18, 1873, The directors of this bank have day declared a Aividend of $4 per share, payable on ‘and atter April 1 1873. The trauster books will be closed from date to 16k proximo. JAMES STRIKER, Cashier. SeUnEw ¥ ‘OTICE. NOT Yecuscxas’s Orne, Exe Rarpway Conmavr, } The interest due April I next, on the fourth \ mortgage bonds, New York an Railroad, will be p oftice of Duncan, Sherman & Co. 11 Nassau street. Ay “SUBARMAN, Treasurer. NION, DIME SAVINGS BANK, 1d 398 Canal street, corner Laight. Bix per Peent interest paid. Money deposited now will bear interest from April 1. Assets, ten ‘millions nine hundred and eighty-seven thou- sand dollars. Books in English, Freneh and German, HAVE $3,000 AND $10,000 TO LOAN IN THIS city on first class improved or unimproved Prop- erty, at legal rath Qwaers apply Immediate WARD & ITT, 54 Walt street. 7.000 WANTED—ON FIRST MORTGAGE CITY Property ; rate Yay 4 ars ed ad- ress or call, between 3 and 5 89 Pine street, first floor. FecOND, HORTGAGE FOR SALE.—CITY $10.00 man. Address skh York. New £200, 00 Siar ee, ee $10,000, Apply at once to W. H. GERARD, 37 Union $350. 000 TO LOAN ON NEW YORK, BROOK. lyn and Jerse; i pred prop- “National Trust Company's Building, 62 Broadway. on ed erty and first class bonds- ‘EL ', Post office box 3,230, COPARTNE SHIPS. rete COPARTNERSHIP HERETOFORE | gt under the firm name of Friend, Sterns & Co. is this dissolved by mutual consent, Mr.'B. Levine withdraw. ing. The business will be continued ander the name of iend & Sterns at 257 Canal street. Al setpements will be made by the new firm. HERMAN aia JOSEPH STER New Yora, March 18, 1873. BERNHARD LEVINE, ——_- ‘BROOKLYN'S DISGRACE. The Grand Jury Presenting the Dilapt- dated Raymond Street Jail—A Perfect Penitentiary. The Grand Jury of the Kings county Court of Oyer and Terminer haye been visiting the various public institutions of the county, and yesterday reported the result of their observations to Judge Pratt. They stated that their examination of the Penitentiary, Hospital and Lunatic Asylum gave them unqualified satisfaction; but they made a special reference to the Penitentiary under the charge of Keeper Sheviin and his deputy, Mr. Edward B. Crummey, which seemed to the to have very nearly reached perfection, and full equatied, if not surpassed, the well-known Peni- tentiaries at Albany and Concord. The Grand Jury were not 80 favorably impressed with the Alms- house and Nursery, and as for the jond Stre Jail they said they could scarcely find Te Strong enough to express an abhorrence of ti condition of things in that institution. This state of atfairs, however, was not the result of any mis- management on the part of Sheriff Williams or Keeper Howard ©, Conraddy, but the fault of the construction of the Duulaing and its unfitness for the purposes for which it 1s used. Here ts the pic- ture of the institution as drawn by the Grand Jury :— jent receptacle of a miscellaneous clans ot pilsoncen made Up ot boys, young men, aban. agrane women: fraudulent debtors” aud soe ho are re being daily sent there from the Sherid's 1 prisoners h various grades and Genditions Disorder, “contusion, brutality, obscenity ral demoralization of the inmates are the rich eannot be remedied by any are of the 2° rift or his deputies, ‘The jury respect: fully “and” earnestly’ recommend éauthorities of the county, the immediate erection of « jail building Which will comport with the dignity of the county an furnish the necessary facilities for improving the sani- tary and moral condition of Its inmates. The accommo. dations tor detained witnesse he jail are entirely inadequate, | These untort persons, gully of 1 crime, are placed In, crowded apartmente and are sup. \e o1 Cause of the Deficiency Yet a Mystery— Application for a Receiver Made to Justice Fancher—Mr. Edward Stephen- son, of the Fifth National Bank, Prob- ably the Man, ‘The Bull’s Head Bank remained closed all day yesterday, and none but depositors and those hav- ing business with the officers were admitted. Mr. Erastus Mead, the lately elected President, was kept busy all day answering in person and by let- ter the numerous inquiries made of him regarding the condition of the bank, its probable losses and the amount of money the depositors would receive. The Twenty-filth street entrance of the bank Was guarded by two policemen from tne Eightecath precinct, who obiuntly refused every one admittance who was minus a Wank book. After much delay and a deal of coaxing they were prevailed upon to allow the- HERALD representative to pass in and see the President, Mr. Mead. At first Mr. Mead was very” reticent, but after a little while he became slightly communicative, and said that, as yet, there had been no new developments in the affairs of the in- stitution, He continued :—“The clerks are hard at ‘work, but it will be several days before anything like a correct estimate of the losses can be made. All the books of depositors will have to be pre-- sented before we will be able to state what our losses are, and even then our figures will not be: exact.” He told the HERALD man that if he would: Call later in the day he would be happy to give him. ADPITIONAL INFORMATION Tegarding anything that might have transpired... Knowing that a meeting of the directors was to be held the party addressed waited in the bank until they arrived, and, when the gentlemen went to the president’sroom, on the floor over the bank, to- hold their meeting, he requested admission, but. was refused on the ground that the meeting was informal and nothing in reference to the suspen- sion would done, Failing of successin this quar- ter, Mr. Richard Williamson, the late president, who resigned shortly before the mutilated books were discovered, was called upon at his house, No. 133 Fifth avenue. Mr. Richard Williamson, Jr., saw the reporter and professed himself willing to impart any information that was in his possession, He said his father was engaged at dinner and he did not care to have him dis- turbed. After reviewing the story of the suspen- sion, as told in yesterday’s HERALD, Mr. Williamson: said he had nothing further to say, and was about to retire, when Mr. Williamson, Sr., came from the dining room and, in an excited manner, said a wanted to something to the reporter. son tried hard to make hinrremain silent, but the old gentleman, who is a very nervous person, in- sisted on his right to speak his opinion. His mouth being full of unmastigated turkey and cran- berry sauce, he was unable to make himself intel- ligible, but after @ strenuous eifort the mouthful. was grallowed he answered the following juestions:— a “Mr. Williamson, it has been said that you are in possession of information as to what Aisposition. ‘was made of the funds of the bank?” “Ido not know anything peeeeun the yon: that it is claimed is deficient in tl fe bank, an the mutilation of the books. I ay a8 ignorant & as "3 babe unborn, I know they have been tampered with, for I have seen them; but beyond that I know nothing.”’ “You have heard the report that you were a heavy operator in real estate while in the office of President, I presume?” “I have, and most emphatically deny that I was. any more interested in i estate during my pres- idency than I was before it. my son and myself have always been heavy holders of real estate.” “Were you requested to resign by the directors?!?" “No, Iwas not. I resigned om accoant of ill health. My health has been failing for some time,. and my doctors advised me to take a vacation.” “In reference to the directors, Mr. Williamson, ‘was there any division among them?” “There was not. On the Ooatrary they were in ete and there never was a rupture between Le See either as directors er a8 private indi- vidual “Did they asa body do anything to hamper the workings i. the bank or in any way disorganize its. workings’? “No. I never heard it said that they did.” Mr. Williamson said that he would like to have it known that he is as anxious to have the affairs cleared up as any one else, inasmuch as he and his son are among the heaviest losers, they being stockholders. At five o’clock Mr. Mead was again called upon. He said he knew what action had been taken by the Board of Directors, but would tell nothing fur- ther than that Mr. Willett, the cashier, had vecn: called up with the ledgers, which were closely ex- amined. The deficiency is not likely to amount to- more than $100,900; bas this is mere speeniation, although Mr. ‘Mead is rather dogmatic in his statements. APPLICATION FOR A RECEIVER, Yesterday morning application was made to Justice Fancher, in the Supreme Court Chambers, inary prison rations at an expense to the Bouney of thirty ave cents Beecey, day. Every generous teel- Ing revolts at the flagrant ‘The Grand Jury also presented a ape of in- dictweats and were then discharged, for an order for the apo Intment of a recciver for the bank. The application was made on behalf of K. Kew, and several other creditors of in the presence of a number of de- positers, asking for the 2 espe ty ef Mr. Ed- ward Stephenson, of the Fifth Natienal Bank, as receiver. Ex-Senator Laimbeer and Thompson W.. Decker offered themselves as sureties in $100,000 each, and justified in twice that amount. The papers mere, taken by the Court. ‘hen Mr. Mead was infermed by the HERALD re- porter that application had been made jor are- ceiver in the petson of Mr. Stephenson he stared sof curiously and asked to have the assertion re- ated in order to discover if his ears had deceived jim. Several gentlemen connected with the bank, who were in the room at the same time, expressed their surprise and all fell to whispering. When Mr. Mead was disengaged he said, in answer toa question, that the bank had been closed at the sug: gestion of counsel. STUXVESANT BANK Meeting of Depositors—What the Rew ceiver Wants To Do. Asmall number of depositors of the bankrupt Stuyvesant Bank met at the corner of Eighth street and the Bowery last evening, with a view ot de- vising some means to obtain @ portion of their funds entrusted with the institution. The conversation was of a general character, nothing being agreed upon, except the avowed purpose to combat in the United States District Courts to-day the proposition of Mr. John H. Platt, receiver,.-who desires to sell the lease of building No. 744 Broad- way tothe pened Savings Bank for $10,000. The~ depositors assembled assert that better terms than this can be obtained, Florence Stuyvesant Bank originally paid the sum of $60,000 for the lease, extendii le of ten years, and there are seven yet to run, and. under the cireumstances, the transfer as pro) sed Would be manitest injustice to them, Although the Stuyvesant Bank failed eighteen months ago the depositors have never received a dime oi their money, and hence they feel indignant at the delay. SEVENTY MILLIONS FOR HEIRS. Meeting of Heirs of Anncke Ja: and Others in Chicago—Wills Found in Hol- land. On Tuesday last @ meeting of the Chicago heirs of Anneke Jans, the old time coquette of this island, was held in Chicage, to elect delegates to the convention of heirs te be held in Trenton, N. J., on April 24, at which farther revelations were made. A Chicago paper gtves the following :— Sarah and Wolfort Webber and Wintjie Sybrant Brower died in Holland in the early part of the seventeenth sentary, leaving behind them a@con- siderable number of heirs and a considerable pre of property. They also leit wills bequeath- their possessions to their children and their chharen's heirs; but, in the course of a generation or two, those important documents became lost in some of the musty, cobweb-covered courts of dyke- land. Recently, while explorations were being made in the interest of the Anneke Jans heira— who, it appears, are identical with the Webber and Brower heirs—the long-lost wills were found, and it was discovered that about $70,000,000 were await- ing lawful claimants in Holland. This was a joyful lece of intelligence to @ large number of Ved le in his country who can trace their geneal rec- ord back to the immediate descendants ot the Web- bers and Browers, some of whom settled in New York in the seventeenth century. Since the an- nouncement was made ae have been held in different parts of the country to make arrange- ments for proving heirship and securing the rich . It is now believed that the matter will be rought before the United States Courts and def- nitely settled in a short time. FIRE IN LISPENARD STREET, A fire broke out at a quarter to eight o'clock yes- terday morning in the five story iron front build- ing 54 Lispenard street that caused a loss of $2,000, The flames burst out on the fifth oor, occupied by Ansel Hecht, trimming manufacturer, who suffered loss of $1,000; insured for $22,500, Th belonged to Aldo Haines and was inured ae the exent of $2,000; insured for $30,000. ‘The steck in the place was insured for $8,000 in the Spring. fleld, of Massachusetts; $5,000 in the Commercial Union, $6,000 in the Queen’ $2,500 in the Londen, Liverpool and Glove, and the 1 weap B for $2, in the Springfield, of Massachusetts, and $5,200 in the ie Laverpoo} London and Globe’ ‘The Raters ured 000 in the Commercial Union, inasmuch as the- I EE