The New York Herald Newspaper, March 27, 1873, Page 5

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

FINANCIAL AND CORMERCIAL. Corstinued Stringency in the Money Market. The Rate on Call Ranges from 1-32 to 1-16 and Interest. "A FURTHER ADVANCE IN GOLD. The Price Rises to 116 1-4 and Closes at 116. . The Bank of England Rate of Discount Raised to Four Per Cent. SPECULATIONS AS TO THE REASON. Disproportionate Effects Upon the Markets Outside the Gold Room. GOVERNMENT BONDS BUOYANT. The Stock Speculation Steady in Its General Features—Pacific Mail Weak and Lower— The Dividend on Rock Island. WALL STREET, } Wepyespay, March 26—6 P. M. ©n 'Change to-day cotton was in fair demand and the market steady. Flour was quiet. Wheat and corn were also quiet, but very firm. COMPARISON OF THE EXPORTS. ‘The total exports of domestic merchandise from ew York to foreign ports for the week end- ing March 25, and since the beginning of the year compare as follows:— 1871. 1872, 1878. For the week.. $5,128,187 3,120,753 5,260,047 Prev. reported.. 49,391,443 45,817,232 53,766,662 Bince Jan. 1... $54,514,630 $48,937,989 $59,026,600 ‘THR TREASURY PURCHASE OF BONDS. ‘Tho proposals to sell five-twenties to the govern- ment were thirteen in number, reaching a total of $1,427,200, at prices ranging from 114,29 to 115.75, The purchase, which was confined to the adver- tised half million, was made at 114.29 8 114.60. THE FOREIGN MARKET. ‘The London quotations all came lower in conse, ‘quence of a sudden advance in thegsank of England rateof discount, which, at an extra or special meet- ing of the directors to-day, was raised from 3}; to 4 percent. Consols fell off +4 9 % per cent; United States bonds, % a 34 per cent, and the New French foan %8 per cent. Erie sharesdeclined \, to 51%, but closed a little better at 515. A further reflection of this action of the Bank is seen ina lower quotation for French rentes in Paris, which declined to 65.52. The sudden ' ADVANCE IN THE BANK OF ENGLAND RATE of diseount caused no little sensation in Wall street, where the possible reasons for it were widely canvassed and discussed. That the emer- gency was a pressing ene seemed 8 conclusion ‘rom the fact that the directors were unwilling to wait one day longer, until Thursday (when their regular weekly session takes place), before making the alteration. After the first surprise Wall street got over the sensation bravely, and, beyond a tempo- rary advance of 3; in gold (the price rising to 11674 and receding to 116), the markets were unaffected, especially as it was reported that THE LONDON MONEY MARKFT, after a little spasm of activity early in the day, had closed with an easier feeling and in pretty much the condition it had been previous to the altera- tion of the bank rate. It seemed to be the opinion here that the Old Lady of Threadneedle street had got into a sudden perspiration at the outfhow of her money to the five quarters of the world, and in her excitement had determined to draw the purse- strings against any further draught upon her guineas. France, Germany, Spain, Egypt and the United States have drawn freely during the past twelve months and Japan has just succeeded in get- ting some notes discounted by her. With all this money continues easy in London, and possibly no alarm would be felt Just now were not CAPITAL FLOWING TO AMERICA fm the natural process of its transfer ‘rom sn old toa new country, and did not the proposed heavy payments of indemnity money by France to Ger- many cause England to feel more practically the effects of her generous subscriptions to the new Frenchloan. As to the former Movement, we had oocasion te speak of it in the HERALD of March 8, 83 follows :— The tendency of capital eentre as between New Yi on prime collaterals. ts vordh all the way Ewouly per conh the wander is that capital has not more Lge in Lek hasten tis coming in a ste: Basrsacrarsiioa. any Stripers ata rates for on Kurope. ex! re Abroad from this pert at the Pato of five or six millions a ‘Week, and to the ¢xtent of not less than seven or Lhe millions from ailche other ports of the country, ° ing a turther ab«ndant source of exchange. Two days lster, or On the 10th of March, the Lon- don Times, which often betrays its jealousy of us, contained the following :— The system by which vulative inflation at New York is kept up by borrow! on the London money market Was explained some months age. In the Au- tuinn of last year, at a time when gold might been expecied to be remitted Mither trum “Arieti the rate of exchange receded to a point nimosi lew enot to attract Sctrom London. This was occasioned by a practice on the part of some of the jing’ nancial firms in New York of making loans to railway operators by giving lis at sixty days on their corres) onding houses in Low- n, the security obtaimed from the parties thus accom- Modated consisting of railway” stocks oud ~ bonds, with a large margin over current Pi, while the rate of interest charged and th ipulation: regards renewals were at the same time exceedingly onerous The bills were at once sold in York by the borrowers, and then, in natural course, were trans- mitted to London for discount, and the prgcess, a have been carried to enormous proportions but for the rapid advance whieh engued iu the Bank of land rate, and the resolution of the directors to reject the tionable paper in all instanves whero It could be ney in favor of this and London. money, and 6 its use in New Yor! all from seven to ob de. cted. For & time, theretore, the 6; wag materially checked, but the comparative se of our money market since the beginning the year has tied (to its revivai on a grand seale, and according to some estimates a total ‘of these accommodation bills is now atoat eqnal to about eight millions cterling. When the ‘York speculators @re required at ihe end of sixty days to bd the amounts with which they have been isyored Mabie to find that while the bills supplied to them brought a it when sold at New York, they must at the end of alxty days pay 1103s for sight dratte to close the trans action, or plead for renewals on any terms which ma) ‘be accorded them. In ail such affairs the uitimate breal up can only be & question of time, and it will depend anagers ders ‘upon the prudence of bank m ‘aud sharebo as to the side of the Atlantic as to the a on wi consequences And to-night 9 cable telegram from London to a ‘Wall street news agency quotes the same paper again on this subject as follows :— Lonpor, March 26, 1873. on, loans o! ov at ten to twelve ‘We are not prepared to say how far the Bank of England’s action in raising the discount rate has been directed by this estimate of BORROWED STERLING, but the estimate is undoubtedly extravagant. Ten millions of sterling would be over fiity millions of Gollars of our currency—an enermeus sum to be ‘absorbed in leans upon Wall street collaterals, The amount of foreign capital thus employed just now 4m the manner imdicated cau hardly be more than twenty te twenty-five millions of dollars, The Times article is unjust furthermore in stigmatizing these loans as carelessly secured. li there is one experience in Wall street more oertain than another it is that the foreign bamkers, who are the vehicles of these luans, are most exacting Jenders in the width of margin they require, and * most searching in their scrutiny of collaterals. Let any broker visit them with anything but first class, active, dividend-paying stocks, and note the result. AN ADVANCE IN FOREIGN EXCHANGE, ‘The leading foreign bankers advanced their rates for bills on Europe im consequence of the news from London, sterling being marked up to 108% Bnd 109%, but MErUALDORIDESP WAL AS 15.8 26 DELOW | 309 NEW YORE fo ae these figures. The fovowing are the revised rates :— 1149 Sterling, sixty days commercial, 107 9 107% 40., good to prime bankers, 108 a 108%; do., sho) sight, 108% a 100%; Paris, sixty daye 6.321 a 5.2765 do,, short sight; 6.23% & 5.2235 Prussian the¢Ts, 10% @ 71; Antwerp, 5.3256 8 4.274; Switeetand, 5.8234 @ 6.2734; Hamburg, 4% & 95; rdam, 30% a 40%; Frankfort, 0% & 40%; men, 94% 2 96. L GOLD srRovO—I15% A 104 ‘The gola market w#8 strong upon #¢ BeWsof the advance in the Bulk of England qecount rate, and the price rose #1164. Here it/'ae reported that the currency#eeds of the Tresury would require extra sale Of fold, and the price receded to 11574, closing+t 16. The course sf the market is shown In the gold ’an market the rates ranged from 7 per cent for carrying to 2 flat for borrowing. ‘Tne operations of the Gold Exchange Bank were as follows :— Gold cleared. + $60,966,000 Gotd balance: . 1,910,986 Currency balances. . 8,314,346 ‘The Sub-Treasury paid ont $120,000 on account of interest, The European sfeamer took out $306,473 in silver bare. GOVERNMENTS STRONG. In face of the adverse advices from London the government list was strong and prices underwent a further advance in sympathy with geld, the long sixes selling at 120, '67’s at 11834 and new fives at 115, The ’64s were exceptionally lower, The cur- rency sixes were firm. The following were the closing quotations:—United States currency sixes, 114% a 1153 do, do., 1881, registered, 118 a 118345 do. do, do., coupon, 1197 a 1203; do, five-twen- ties, registered, May and November, 117 @ 117%; do. do,, 1862, coupon, do., 117 a 1174; do. do., 1864, do. do., 117 & 1174; do. do., 1865, do., do., 117% 118 ; do. do., 1867, registered, January and July, 116% @ 1163430, do., 1865, coupon, do., 116% 81163; do. do., 1867, do. do, 118 a 11834; do. o., 1868, do, d0., 11734 a 11734; do. ten-forties, reg- istered, 111% a 112; do. do., coupon, 112 a 112%; do. fives of 1881, registered, 114% a 1153; do. do. do., coupon, 114% a 11534. SOUTHERN SECURITIES DULL. ‘The Southern State bonds were dull outside the Tennessees and Missouri sixes, which were ac- tively weak and lower. New Tennessees declined to 79%, but were better at the close. Missouri sixes sold at 93%. The following were the closing quotations :—Tennessee, ex coupon, 79% a 80; do., new, 79% a 80; Virginia, ex coupon, 44 @ 60; do., Tegistered stock, old, 35 a 40; do. sixes, consoll- dated bonds, 56 a 56%; do. do., deferred scrip, 13% 14%; Georgia sixes, 70 a 76; do. sevens, 88 a 90; North Carolina, ex coupon, 30 a 32; do. to North Carolina Railroad, 60 a 61; do, funding, 1866, 20a 24; do. do., 1868, 18a 21; do., new, 17418; do., special tax, 18.0 14; Missouri sixes, 9334 a 94; do. Hannibal and St. Joseph, 91 a 9134; Louisiana sixes, 43 a 47; do. new, 40 a 50; Alabama fives, 55 a 60; do. eights, 80 a 85; South Carolina sixes, 30 a 40; do, new, January and July, 18 a 19; do. do., April and October, 22 a 23; Arkansas sixes, funded, 40 8 43, MONBY STRINGENT. The money market was stringent, and the rate on call ranged from 1-82 and interest to 1-16 and interest, closing at the former rate; in other words, borrowers on stock collaterals paid 18 to 30 per cent for the use of money over night. Among the government dealers there was the usual supply at 7 a 7 coin per cent. Chicago advices report money great! jer at that centre, while at Cin- cinnati New York exchange is worth a premium of 3 per 1,000. Mercantile paper was dull and quoted 9 a 12 per cent discount for prime names. STOCKS DULL AND STEADY. ‘The London news exerted less influence upon stocks than might have been anticipated, pos- sibly because the tightening of the screws of the Bank of England was a proof of what the market wished to believe—viz., that capital was eoming in this direction from Europe. After an early depression of a 3; per cent in prices the market became steady and was almost oblivious of the subsequent stringency in money. The only important decline in the active list was in Pacific Mail, which went off to 56%, but clésed at s reaction to 57%. Panama at the same time fell to 11244.. The Canton Company books closed in Baltimore this afternoon. The stock was offered down to 00, without takers at the Board, owiag to the temporary absence of “orders,” but buyers subsequently appeared who bid 96 for it. Boston, Hartford and Erie sold at 2% “regular,” and at 2% “seller three.” The directors of Rock Island announce a semi-annual dividend of 4 per cent casb, payable April 26, the transfer books closing April 10. HIGHEST AND LOWEST PRICRS. ‘The following table shows the highest and lowest prices of the principal stocks during the day:— Highest, New York Central. 102% Biss secs. 1 5% 643% Lake Shore + 18% 933% ‘al eee wa 12% fo transactions.) (No transactions.) if 15 36, 114% Ohio and | ~ 46 456 Union Pi ic. « 86% 3536 C., C. an 403 30% ‘Western Unio. 86% 86% Pacific Mail.. . * 56% In Philadelphia Reading was lower but about steady at 114. THB OITY BANK STOOKS. ‘The following were the bids fer the city bank shares:—New York, 134; Merchants’, 117; Union, 140; America, 150; City, 250; Phenix, 10134; North River, 86; Merchants’ Exchange, 90; Seventh Ward, 04; Commerce, 1164¢; Mechanics’ Banking Association, 106; Mercantile, 138; American Ex- change, 11044; Bank of the Republic, 110; Bank of North America, 100; Hanover, 105; Irving, 122; Metropolitan, 133; Peoples’, 140; East River, 112; Nassau, 106; Corn Exchange, 126; Continental, 79; Marine, 165; Cemmenwealth, 85; Importers and Traders’, 175; Park, 147; Manufacturers and Merchants’, 100; New York National Exchange, 90; Central National, 97; Fourth National, 1104; Ninth National, 105; Gold Exchange, 112; Bankers and Brekers’ Association, 80; German-Ameri- can, 101, THE RAILROAD BONDS. The railroad bonds were quiet. Central Pacific were weak and lower at 103%. Unien Pacific land grants advanced to 79%, but subsequently sold at 79. Erie fifths sold at 100} and Rhode Island firsts at 10334. The following were the bids at the call as amended by prices in dealings later in the Del, Lack & West24 m. 96 a 3 De} cha Wii's ive 1 8 Frere‘ M4 Ble, os 8. ia Bud B 7's, Bud 01 Berens 7% . wrk jarlern ¢ Alb & Sus «9856 TD 75 Mich Cen ity \tts, FW & Chic Bur NOX Pius, PW & Ben oo 99 Pit W éChic Mich 80 & 104% YF pobre Clev & Tol jr” Chev & Pitts Cley # Tol pg CRaA v & Pitts 4th m1. Batt a erie Chto ¢ sisecon 2 Mise Sd m, Wednesday, March 26—10:15 A. M. $5000 US 5-20, 6, "68... U1 vu WOO dons sens. Msg femme OH Bs 14 6 HL 10 A. M.—Betoré Can. Un % Hae dot oH oe Gon aS rey BM 100 Ade, 64m 8 LB&MERR...... 9 Jess active, but generally firm. Pork was quict but 0 86: =. steady, and was a shade easter and not very ac- I i 2 Fy tive. Groceries continaed quiet, but (he market re- 8 ye aon 37" | mained without any cesential change in ite value. Beak 4 10 do tak Petroleum remained in the same condition aa pres 400 Pd a ty | viously noticed—held with considerable firmness, with- 500 br 14 RR . Fy out transactions of consequence. Naval stores were more | BB Uridy: “4g $382 | active, with spirits ruling decidedly higher, and rosin 400 do. about steady. L. be 330 | Borran.—There ts a fair city demand, and some out of 200 58 0 a 1; town trade for haiftabs. Prhne dairies are scarce and & a 4 i if prices very firm. Roll butter is in light supply and good 20 00 ‘do. rs demand at full prices, We quote:—Fine to tancy State 109 58K 500 do. 675g | dairy halt tubs, 470. a 50c.; fine, 40c. a 450. tor Arkina; as ten ce 1844 | choice new, 40c. a 460. ; Welsh tub fine dairy, S86, @ S8e. ; 33 Bs. ne 4 State dairy fair to good, S20. a 88c.; Western roll, prime, 300 8 ie ao. 3% | 290. a 38c. ; fair to good, 25c. a 28e.; Ohio fine, 30c. a 380. ; 300 ao 3 1a dalry, good to prime, 30c. a 36c., and fair to good 100 200 234 | do., 250. a S8e. 4 3 ; Covrue.—The market for Rio, as well as for other de 7 58g Ww by scriptions, was very firm at the recent improvement i A = ) noted, yet the demand was light from first hands, We He a foo heard of salcs of 1,193 bags ex Merrimac, ana 503 700 45% "| bags ex Ontario, on private terms, We quote:—Or- 1700 48% | dinary cargoos, 16e. @ 16K. ; fair cargocs, 17%c. ye 45% | 17%c.; Rood cargoes, 18c. a 18%c.; prime cargoes, oR 5 18346, @ 18%c. ; Java, government bags, 20c. a Zlc.: do. Han & ¥ Fass mats, ac. a 22c.; Singapore, 16}4¢. a 1740. ; Ceylon, ce; Jamaica, aCe Cj, Mingo, oe gigocoTenn 6's, old.b90! st 100 shs Pac M 88 Co..0 si Frio leo, ie 0 paca ica ihe Be wena 5 c. a LShge.; Angostur , $0000 "de Tag 1700 Tesi: Savanilia, thse Whee 4 Giracon, 1740. a Ween, 700 gold, per lb., 60 a 90 days’ credit. a Corrox.—The market tor cotton on the spot was rather 4 more active, aud prices ruled about steady. Future de- 80 liveries wert tairly active at about previousrates, We 1100 ii To-Day, Last Evening. Total. &, Export... a5 735 aah a Consump tioi 466 3 719 #00 starlet i Speculation baz 8, Vest Un ‘Total...... 003 n a. ae ror tuture delivery (basis low middling), the sales have 1 3.0 lows :-—Salles last evening atter three o'clock.— 100 arch, $0) at 187-lic.; April, 100 at 18gc., 500 at 18 7-16c., 4 Er 100 at Wee. 600 at Isige., 200 'at 18 7-160 a%e. ry 400 at 181 -16c., 600 at 18%%c. 700, at 181 3000 te) at Whee, 300 at 19 8:16e., 300, 19 $16. ; July. at 19 5-16c. Tot: 3000, Bu0 lay up to three P. M.. 2. nig, Mort notices, 200 i 300 ‘at [8'7-16c., 600 20. BS 63,100 100 or 1bo., 100 at ay oa 100 at 18°16 6, 1M. 200, at i8 ee xO 200 at 18 13-16c., 400 at 18990 , 800 at 18 18-1 eg $8 100 at 18 Bribe 300 at 18%c,, 100 at 18 ine bit Wyse, 100 af I8ie-tie.: Jung, 590 at arated 8 19 'Lide., 900 at 19%c., 200 at 19 , 1936. at 19 3-1Ue. 2000 Chi 800 19 B-1ée., 1,100 at 19540. ‘oa oO 200 at 193¢0., 100 at 19) ‘3000 De 200 50) at 19%g0. Exchanged. ov Chi red HEAT at tae pol jalveston, 677 bal Dy rel ie is ales; Bushs Hanover Hank. 13, Now Onicans, ober, Mobile, oo; Kavannany 815, Charles: De nek We oO. ton, 208) Wilmington, 695 foriolk, 1,097; New York, 339; a eo OD B Total, %751 "his day last week, 8,102 ‘This Pn da vear, 7,775 Rates on cotton to foreign ports ) closed nominally as tollows:—To Havre, by steam, 1000 liye. a 1 ail, Yc., compressed. To Hamburg, by 100 Seam, fd. colmpreised. To Bremen, , by steam, ie ions ‘sail, Sie. 79 Liverpool, steam, 344. @ 7-16d.; evi tail, 6-16d,'a 344. Wo quote :— tooo Uplands, Alabama, New Orleans, Tecae, 500 » My 14y 144 My wae ae * 16 16 16 16 Bet on GO Ws 1 17 17 100 Erie RE. i re 18 a prie ne + 198 1 o19 2 100 asics Gn 2214 21 23 BoD 400 —The quotations are based on cotton in store, running in bo $e un Be, quality not more than half @ grade above of below the 500 iris ‘Cuexse.—There has been an active demand for export a 4 sinco our iast at rathor better prices, Shippers paying in a0 ONT OL most inst Isc. and occasionally even higher figures. i WC& k The out-of-town trade har been good, and for home con- 3 ah ost sumption the demand was fair, the average price re- bin alized being from 16\gc. a We annex the prices cur- 8 300 1s rent, as follows:—State factory. 163¢c. a 17c. for fine to 300 inp fancy; 16c. for good, 13%4c. a l4e. for common to fair. Pd 100 Bye | Ohio factor, c, for prime; ldge. for geod do., 120. a oe ¢ 18 51% | Iau. for talr, ‘State tarm dairy, {3i¢e. a 163s0. tor fair to ry We 9 ‘ig 9448 | prime, and 102, a 120. for common do. 19 Muon Mae CH Le FLocR AND GRarn.—Receipts—Flour, 7,200 bbls. ; wheat 300 rc) se BY | 5760 bushels; corn, 14.600 do, ; corn meal, 200 bbls, and bags: oats, 16,350 bushels; barley, 1,000 do, The flour oe 45% | market was quict, but steady. There’ was some demand 1800 Pe eaeeaetppers. he sales, including all kinds, wot up 300 %~ | about 11,000 Dis at prices within the range Of the an. nexed quotations. Corn meal ruled quiet, but about steady ; sales 400 bbls. of Western yellow at $325 on the ier, and 100 sacks of white Wester at $385 on the pier, $4 00 a $5 25 Bees iSite 6000 US 5-20, x, °67, ie oe S00 io 100 shs West Un Tel The ow Round hoop ping brands. 708 750 Round hoop Ohio, trade brands. 800 a 900 Family ..........-06 ” 900 a 1025 St, Louis low extra. 7000 775 8008 8 50 90 a 1000 10 00 a 13 00 900 a 10 00 3508 600 Southern No. 2... 42% 550 Southern superfine 608 60 Southern extra 72a 990 64) Southern fami; 10 00 @ 13 00 Sis a5 Corn meal, Weste $250 $45 83} Corn meal, Jersey. 86a 365 Second Board—1 P. Sern yoeale Brandy’ 3658 375 $0go Tenn Ps.new.... 7B iy ahe Harlem RE.be 18544 Galoric.-.. Soon S45 100 do. . aN do. + 136 Puncheons. ats 19 50 t. 0, b. 590 do... -b'6.U30 Wig BN Wheat was very dulet but strong, prime No. 2 Mfi- 4000 do. B80 Hey 30y waukee being held firmzgt $1 70 a $1 74 In store and afloat. 46000 do. Ct There were no sales of ‘Spring to-day ; 7,09 bushels Mil- 10000 do. 00 Erie KR. waukee sold lustevening at $171, ana a lot. of amber we ao Winter to-day at ‘Corn. was firm, with sales of about 50,000 bushels at 6434c. for old mixed in store, 66c. a 66%¢c. for new Western mixed afloat, estern yellow, nnd 68. a 70c. for do. whit white was scarce and enurely nominal demand and higher. The sales aggregt nf bushels, at S13gc. tor old mixed in store, Ste. a wot choice new white afloat, 473<c. for new mixed off in Grade, dBc, for good new black afoat, 4334c. s 4¥e. for new estern mixed, and S0c. a Sle. for inferior white. Barloy—Galeg, 9,00) bushels of common to good Western at $105 a $1 15; prime Canada held at $1 308 $1 8. Rye was inactive and entirely nominal. Frricrts.—There was but little doing to-day either in berth freights or the chartering business. Rates were not qssentially changed. The engagements comprise :— To Li wernodl, by steam, 7,500 bushels corn at 7d. To Bris tol, by 9 |, 150 boxes bacon at 40s. ; bbls. rosin at ts. To cleo. by steam, 100 Antwerp, 30) boxes The charters include:—A British ship, hen gach [oe bbls. refined petrolenam, at 6. brig, hence to a direct port, United Kit refined do., on private terms; a British ship, 994 tons, to Bristol, general cargo, at current rat Guxex Arrixs.—The market has exhibited no essential change since our lag, remaining quiet, and, to a great extent, nominal. A good many lots are coming in from the West In very poor condition, anc forced on the influence. There lose stored in lofts. market at low prices, has a depress! is also considerable rot noticeable 82,75, 8.83 per pols 62; River, mix! c. & 67c. for PEEEEEE 5 BESUEEEEEEECE Eee do. crosses Oi West Un fel.....be do. 86} We quote :—Selected choice Winte: Western New York, mixed lots, $2 50 Tots, $1 60 8 $225, and frosted, $1.a $1 73. Mo.asses.—Aside from a moderate jobbing demand the market continued dail, with no apparent disposition to operate. The Orleans at from 68c. @ 74c. SESECOSHESSSESSSESESESSESESESESESESES SeSSSsee sales in lots foot up about 60 bbls. ot New We Sater) 2:30 to 4 P. M. 100 shs N ¥ C & Il B..3 102% 00 U Pacific KR. oy dud Erie KR New Cro —a Un Pac 10's, inc. is ny des en Uoal. 0. a esses a English isan New Orleans. Naval Stor! For spirits of was moderately active and decide ti made early of ots at S7c., 50 at 5 market closing strong ut {3'gena Se. Rat market closing strong at 683¢c. a 5¥c. in ci good demand and steady; Acad quoted at $35 Bales were reported of 4) bbls. 5 40; 300 bbis. of do. es S83 1800 do. ‘20 Pittsburg 2000 Maricwn B. 10 a0... WLS &M SER. % Wao. inued ass 45. of good strained at ood No.2 at fo. Lat $3 90; Lat $F 1255 ined neglected, at Sia $4.25 for Washington, and’Wilmington pitch was nominal. Potatoxs.—The demand tor round potatoes continued fair, with former prices current The arrivals from the West are considerably retarded for want of transporta- tion, the roads being blocked up with freight cars. Freer arrivals from that quarter would tend to reduce prices. Oy 45; 200 bbl: of as SEEEOENESE remained in the saine condition as previously stated: held at 20c, 20%, for remainder ot moath and first half ot April. Crude in bulk was held with firmness at 9340. and 143¢c. In shipping order. © od iy Inquired for and steady, at2%c. a 2éc. N. tl ned neglected and nominal, at about 12c. «12 for Western and city. Reports from the Oreck were of dull market, with prices ruling nominally as before quoted, The Philadelphia market continued dull, with refined held at 19}c. for remainder ef month. ‘Later we heard of sales in New York of 10,00) cases at 26:., and at Philadelphia 5,000 bbis. for first half ot April at 10ig0., 10,000 bile. last evening tor May at 2c. novisions—Kecelpts Fork, 193 bbl beet, | 38 Backaeen; cut meats, 3900 do.; lard, 1,908 bis." and | terces. The market for mess Wan quiet; but prices were about steady. @ sales include :—26) bbis. March, and 280 bbla. for April, at $16 05; 200 bbls. of rump. at $14; 80 Dbla. of old mess, ‘at $16; and about 75 bbls, of tess, in a Jobbing way, at $16 0. Bacon was a shade firmer, but’ only in moderate request. The sales in- clud boxes Western long clear, at 8)4c. ; 150 boxes 3006, © & IC RRS CLOSING PRICES—4 O’OLOOK P, M, Kremer ay: Al Es ton, Ha k.. a CURL. Mw M0ly | do. at 8266. ; 800 boxes short clear, at Higc.; 1,800 boxes, various cuts, om private terms, and 150 boxes of Stret- ford’s, at Chicago, at gc. Beet continued quiet and an; fandse within: the renee oF $10 "a atl for. now COMMERCIAL REPORT. a eacee bia, $18 a $3 ‘for do. ates mas do, 20 8 $22. for do, prime, mesg, terces a $3 Cotton Stenay—Raceipes at the Ports, | Sed’ bosrergeincet tat wackanges in pce! m 7: pts a ie fi % ce; at a it ta— the it firm 9,751 Bales—Flour Q demand. We heard of eles of Corn and Oats Firmer—Provisions ary J Steady—Coffee Quict—Sugar in More Ibs. average, Demand=Petroleam Dall—Spirits Tur- yoked tame, 40 Ihe. salted shouldes pentine Decidedly Bigher—Rosin bce alk A Firmer. PTS ph equ 'BDNESDAY, March 26—6 P. M. 5 rah 4 ‘The rain storm interfered materially with the bhi dere FAD gt ge; bi ioe at dei, trade movement te-day, but the markets, as a At 8 Ih ibe. general rule, retained the buoyant tene by which Bisco ot eae TOSS, or Aprilsat bige- GAR. —" they were characterizea during the pregeding two he increased days, and nearly all kinds of merchandise were toot up a — rout sea. east held firmly at the full prices of Tuesday. These 498 hids, of tair at were s few exceptions, but they were unimpor- sea ge te of cepurtugal, at 3 : tant. Cotton remained steady at the Preduce aa ieee ‘ Pag s Exchange; there was less activity, but few impor- | frocery, fairto: Gok. prhme tant changes, Flour was still quiet, though | % do Te we elas A rather more sought after for shipment. Buy- | Boxes, Dutch on 8, my ers and sellers were apart, however, iners ae idm gi8 to 18 Cf ee. so that business was small and con- | H%0. P ‘niceRetintng, Gemmon, to pritnd, fined to the home trade. Wheat was quiet, idard, Now’ Bt. 1 fence bu scam ana Teteane seew Semape aes | CEE ae ice were unchanged, We heard of anienct astiersen of Carer nal—though extreme figures were demanded. Corn was not active, but the market ruled yery firm, Oats continued active, and prices again. ad- vanced, Whiskey was firmer, in spite of heavy re- Seipts;. bat very lite was dope, Previsions were lina, at * p * neva free ‘TK. & Bgc., and WO bags of Kangoon, at RaRiNE continwed dull; quoted at 8%o,, in hhds., and $e, a 930. In tiercon be oi ‘rAuiow remained quiet and onchanged ; sales 7%hbds, %c., and 200 hhds. for April, at 5 1d16e. eipts, 1,766 bbia. The iwarket was dni}, HERALD, THURSDAY, MARUH 27, 1873.—TRIPLE SHEET, but pri shade better, Iai Sttat > ade eer we DOMESTIO MARKETS, nd Gaxyneton, March 26, 1873. 77 bale, "Baie, 80. delle: ie. Net réceinin, March 26, 1873, 0 middiings, 183;0. ; sof aie Sack Btock, 216,130. Mov1ie, March 26, 1873. c, @ 19¢.; good ordl- Exports coastwise, New Cotton tn moderate dem: middiings. ce. “Net receipt Earth Seen Cotton anil and cnny gary ag, Net recelgt talon fet 150. a reser Net rs tan Sah balee. Ce fet ree 290. “Balen 1,060, "Stock, On 47,420. LEBTON, March 26, 1873. jot middling, iaice. a Cotton quiet; middli 183 Iyer Kood. Ordinary 17346" Net Teceipts, 3 bales. Exports constwise, 496. Bales, 900,” Stock, 30,634, Wrimrneror, N. C. 26, 1873., qabiate tarpon tise frm: salge at 5So, oe biet ; EP . OCrade turpentine steady; for a $440 for yellow dip and virgin. Tar lower. Louisyutx, March 26, 1873. Tobacco very firm and active; higher grades eedtkees: Saies, 200 bhda. Osweco, N. ¥., March 26, 1873, Flour sendy. Sales 900 bbls, at $875 tor No. 1 Spring $9 75 tor ambor Winter, $10 60 for white Winter, $Ii for double extra. Wheat firm; sales one car white Btate at $199, one cur prime white Canada at$2 10. Corn dull. Bales two cars at 5ée. for State and Ge, for Western, Oats quiet. Corn meal, $1.80 for bolted ; $1.25 for unbolted per Gwt. Millfeed unichanged shorts, $2; shinsturts Ey middlings $23 per ton. Railroad freights—Flour to Phila: delphia, @e,; to Boston, 726.; to New York, 62c.; to Albany, Sie. Burrato, N, ¥., March 26, 1873, Flour, quiet, Western Spring, $7 30 a$8: ‘amber, $8 50 a $9 25; white, 3) 50 a $1025. at firm; the only sales made public was a ear load of Western Spring at $1 4; quoted—Milwankeo Xo, 2 Spring. ut $1 00; Chicngo No. Spring at $1 49 4 $1 60; Duluth No. 7» $1 68; white Leia Rat, wee cumenac et is, Can cate et a Corn wady ; sales ushels Western, on track, at Sle. Oats quiees sales 1,000 bushels Western’ white at 4se.; Western mixed held at Barly firm; Canada, 95. a $1; No. 2 Western, We. a Mo. two-rows bevy . & 850.; four-rowed State, 9c Rye nominal at Abe, Barley malt—Western, $1 a $1 10; prime Winter Wentern, $1 10 a $1 15; prime Canada, 208$125 Rye malt held at %c. Balance unchanged: Curoaao, March 26, 1873. Flour guiet and unchanged, ; gales of Teuriag at g1ikk, Nov edon Sh ants, onal lO. pring at 10. 10.5 4. Cas seller May; No. 3do., $110; rejected 9 full and declining; sales of No. seller May rejected, 23140. Ryo firm G43gc.'a Ose, bid for No. 2togalar aid fresh; no. sm Barley steady at 78c. a 80c. for No.2 Fall regular and fresh, 65¢. 0 67c. for No. 3. Provisions firmer. Por Sold at $14 70 at $14 75, cash; $14 9 bid, seller May. Lard active ond higher at $8 05, cash: $8 20, seller May, Bulk meatsin fair demand and higher; 5c. frecly bid tor shoulders, 50. asked, lone; atles of packed shoulders at Sio.; short clear milddies, 734c., loose. ; 8¢., packed ; short ribbed mid‘tles, 8c., packed. Bacon steady at 6c. for packed shoulders, seller May. Sugar cured hams sold at Aa a lée. packed. Whiskey higher at 87c. Receipts— 9,000 bbis, flour, 38,000 buehels wheat, 34,000 do. eorn, 40,000 do, oats, 2.000 do, rye, 1000 do. barley: Shipments:—18,00) our, 144 tishels wheat, 10,( lo. corn, 19,000 do. oats and 15,000 do. barley ses 0 HAVANA EXOHANGE. Havana, March 26, 1873. States, 60 days currency Exchange firmer. On United 124¢ a 13 premium ; short sight, 153g a 16 premium ; 60 days, gold. 31 premium; on London, 453g a 46 premium; on ‘aris, 29%4 @ 29% premium. EUROPEAN MARKETS. Loxpon Mowry Marxet.—Loxor, March 26-5 P. M.— Consol closed at 9235 for money and 92 for the account. American securities closed—1860's, 934: 1867's, 999K Yenforties, B0'4; new Aves, W074; Eric Rallway shares, 51%, Fanta, Bogust.—Pinis, March 2—Evening.—Pronch ren’ 5 be LiveRroor Corrox Marxer.—Lryerroor, March %—5 FP. M.—Cetton closed quiet; middling uplands, dad, a middling Orleans, 9344. a 9d. ‘The snies of tho foot up 15,00 bales, including 3,000 for export aud speculation. The sales include 10,000 bales of Ameri- can, Sales of cotton, February and March, shipments from Savannah or Charleston, at 939d. LiveRroot PROVISIONS Manker.—Livenroot, March 26-— Fvening.—Bacon, 378. 6d. per ewt. for Cuinberl Pork, 61s. 6d. per bbl. for new mess. Bacon opene 9d. and closed at 89%. for short rib middles. Loxpow Propuck MARKET.—LoNDON, March 26—5 P, M,— Tallow closed at 434, 3d. per cwt Spirits turpentine, 44s, 6d. a 45s, per ewt. ib FINANCIAL. T BELMONT & CO., Bankers, 19 and 2 Nassau street, issue Travellers’ Credits, available in all parts of the world, through the Messrs. DE ROTHSCHILD and their correspondenta. Also Commercial Credit: California, burope and Havana. TLANTIC AND PACIFIC RAILROAD COMPANY.— The quarterly Dividend of one anda quarter cent on the capital stock of the Pacific Railroad (of Mis- souri, willbe paid at the offic this company in St. Kouis, Mo., and at 287 Broadway, New York, April 15, 1873, to stockholders of record of April 1, 1872. + STOUT, Treasure, A. New Yorx, March 26, 1873. —LAPSLEY & BAZLEY, BROKERS, 47 EXCHANGE tock Privileges fully explained in cireular illustrations and reterences), mailed to any ai free; no risk beyond amount invested; Double Privileges, Puts and Calls: Al names, T REASONABLE RATES.—MONEY ON LIFE AND Endowment Insurance Policie: Iso on Bonds and bd insurances of all kinds effected with best J.J, MABRICH & CO., 119 Broadway. A —A.—IT WILL BE A GRAND FINANCIAL OPBRA- tion to buy Brooklyn Lots at J ERE. JOHNSON, Jr.'s reat sale next Mond: At the prices the lots will sell r the investments double in a yes Call on JERE. JOUNSON, Jr., 21 Park row, for a maj \OMMONWEALTH OF VIRGINIA.—COUPONS DUE January I, 1873, off the old bonds and consols and interest on Fegistered stock, perenie April], collected by JOHN B. MANNING, No. 5 New street. 2200 SHARES PREFERRED, 200 DO. COM 4 Fort Smith’ Railroad OCKER, 24 New street, roo and transfers of money on nA. OR SALI mon Stock Little Rock Bes Address FARIS & 8' jew York. OWES & MACY, BANKERS, 10 WALL STREET NEW YORK, OFFER THE SAME FACILITIES TO DEPOSITORS AS INCORPORATED BANKS, AND ALLOW INTEREST ON DATLY BALANCES AT THE RATE OF FOUR PER CENT. ‘ASKINS & BRAINE, STOCK BROKERS, 11 BROAD street. Stock and Gold Privileges a specialty. Any one can speculate with small capital aud very litte risk, Explanatory circulars mailed. ‘OTICE. Treasoren’s Orrice, Ente Raluway Company, ‘March 14, 1873, “The interest due April 1 next, on the fourth mortgage bonds, New York and Erie Railroad, will be paid at the office of Duncan, Sherman & Co., 11 Nassan street. W. T. SUBARMAN, Treasarer. FFICE OF JEFFERSONVILLE, MADISON AND Indianapolis Railroad, Jeffersonville, March 26, 1878.—The second mortgage’ bonds of this company, ma- turing at Bank of America, New York, April 1, will be paid at aeetrie te or th olders thereof may, at their option, receive e sinking fund bonds, princi- pal and interest guaran: at ninety-five in exchange therefor. The exchange will be made bona for bond, and the difference of five per cent wig be paid the holder in cash at the time ot making the cxcha THOMAS A, SCOTT, President, _ ROPOSALS FOR $300,000 STOUK OF THE CITY OF ¢ until Thurs April 3, 1873 when the same will ‘be publicly onet any part of the sum of three hundred thousand dollars of stock of the city of New York, to wit:— Additional NEW CROTON AQUEDUCT STOCK, authorized by chapter 23, Laws of 1870, payable CROTON WATER MAIN STOCK, ‘authorized by chapter 505, Laws of 1872, payable November [, Said St 8wi'l bear interost cent per annum, payable on the first day of May and No- vember in each year. The proposals wilf stato the amount of stocks desired and the price per one hundred dollars thereof; and the persons whoge proposals aro accepted, will, thereupon, be required to deposit with the Comp: troller the sums awarded to them beaded O together with any premiums thereon, when they will be entitled to receive certificates for cqual amounts of the par value of the sums awarded to them, bearing interest trom the dates of payment. Each proposal should be sealed and endorsed “Propo- sals for Stocks of the City of New York,” and enclosed in ‘a second envelope addressed to the Comptroller. The right is reserved on the partot the Comptroller to y or all of the bids tf, in his judgment, the interests Sorporation require i ANDREW H. GREEN, Comptroller. City or New Yorn, Duragtuent or Findxce, 1 Comrreoruxn’s Orrtce, March 26, 1873. 2 40) WANTED FOR ONE YBAR+WILL GIVE f 12 per cent for the use of it; will pay in 12 monthly instalments; and the interest every month; mortgage on personal property. Address B., Herald office. $7.00 FUNDS TO LOAN ON FIRST TO LOAN—ON IMPROVED CITY REAL $10,000 io Ciy Improved Property. estate, Address H. 8. 14 Wall strect, iT on pply to A. JOURNEAY, 81 Lispenar $10 000 WAXTED—OK rine? MonToage cry FOUN, WOLY Bet Wont Salty Sand sreet, PY"? $85.000 22 XSAN SOS scltinent Property. of Will Duy First and Spon Je WALTLES, 66 Wall street. 70 LOAN—ON NEW YORK CITY, Se ean pW 12 Pine street. $400,000, gue ane Mia Wiss Se tusarance Company. 108 Broadway, ———_+>+___—_—_ Francis McManus and Charles Kuschman, two young lads, were arrested yesterday by Officer Brennan, of the Fourteenth precinct, and brought before Judge Hogan at the Tombs Police Court. pt nay A boy Lay ed bg ome area & of shman a Borger pigrennes to one of the salesmen, Terence J. Lar- , the passbook of a Mr. Henry White, of 121 Elim street, a customer of the house. McManus said that Mr. White wanted ten yards of plush, and it was delivered to the bearer of the passbook atonce, Subsequently it was diseovered that Mr. White had not sent any one for the goods de- livered, The plush was found in the possession ot Oharles Kaschman, who was endeavoring to sell It. Both McManus and Kuschigan were held W answer by Judge Hogan, © Association< Is This a Jobi1—How Franchiascs Should Be Guarded. Astrong delegation of the Washington Market- Men’s Association, among whom are R. G. Cornell, the President, and R. H. Thorne, the Secretary, ts at presentim Albany, looking after the bill pre- sented in their behalf for the acquirement of a lease for sixty-three years of the present site of Washington and West Washington markets, The Association embraces about nine hundred mem- bers, and there are in ali 1,200 stalls in the markets, of which the Association occupy nearly one thou- sand, The Association proposes to become the sole lessee of the property and to erect on it an iron market building. A HERatp reporter called yesterday on several of the members of the Asso- clation to learn a8 far as possible the object of the organization im seeking to grasp so vast a monop- oly as this lease would give them. r. Theodore Hanford, ® partner of the Seere- tary, said that the chief object was to assure them- selves against being periodically disturbed in their business Lg the blackmailing schemes or petty re- venges of politicians, “Under Comptroller Con- nolly,” said Mr, Hanford, “the stand-holders were systematically blackmailed and subjected to every form of annoyance by a lot of oMcial underlings. [ lost my stand, which I had held for @ number ot Teeny for no reason other than that one Hagan, & Trend of Warden Tracy, of Ludiow Street Jail, wanted a stand and there was none vacant. Tracy went to O’Brien, who was then Sheritf, and got O’Brien to use his influence with Connolly, and on two days’ notice my goods were removed by men who were sent down here to, put me out and to put Hagan in. It was two years before I got my stand back again. We marketmen are the Reenie most interested in the proper con- trol of this market, and we propese, If this lease is obtained, to govern the thing our res and pay to the city the rental which shall be decided on ag preper and just in bulk, This will save che city the trouble and expense of collecting it from 1,000 ten- ants in sinail sums, and we shall be a self-protect- ing body. We shall issue stock to the amount of $5,000,000 to carry out the proposed improvemen and ali that stock will be held by the members oI The chief and, in fact, only op- 2 lature is trom the lanhattan Market Company, a private concern, that seeks to abolish Washington Market entirely, ke their uptown scheme a very protit- able monopoly.” ‘The reporter conversed with several other As sociation stall-owners, all of whom expressed the same general ideas in regard to the movement, An attempt to find @ stall-owner who 1s not a mem- ber of the Association proved utterly futile. About one hundred stalls were visited, in consecutive order as they range, and but one non-Association establishment was discovered; but it was cl and its owner was absent. Later, the report: found ene who denounced the ‘method of putting the scheme into operation in the liveliest manner, He claimed that it was infamous fora great city like New York to put so valuable a franchise into the hands of any ring or clique. He argued that the lease should be sold at public auction, and it the Marketmen’s Association were the highest bidders then let them have it; if not, let other per- sons who are willing to pay more enjoy it under proper restrictions and responsibilities. This waa nothing more nor less than special legislation, which was always @ suspicious and dangerous ex- periment. What the President of the Marketmen’s Association Thinks. To rum Eniror or tie Weraup:— In your issue of this date a communtcation appears, signed by Hon. William Voortris, calling attention to a bill now before the Legislature to provide for the leasing of Washington and West Washington markets, which he is pleased to call a “gigantic speculation,” and to which you refer as something that “looks very much like a gigantic job” to place the tenants of Washington Market under the heels of a rapacious ring, tho names of the cor: porators of which are not divulged in the bill. In an edi toria! vou express the fear thata monopoly is to be created, by which the peopie will be made to suffer. As this pill has been published in almost all the papers in the city and referred to Ju the Albany correspondence of the Saine alinost daily for some weeks, and pabiic notice given throagh the papers for parties opposed co it to ap. Fear betore the Committee on Cities, and not a word of opposition has been Saye to it, except that which fas been incited by the Manhattan Market Comany, the only ring market company ever formed that we have any knowledge of, and which had smong ite tir rs Alex- ander Frear and William M. Tweed, Jr., both of which names have been dropped from the board e they have become #0 utterly untashionable, there cannot be any serious opposition to it, As to the objection raised by Mr. Voorhts and yourself we have to say that the Washington Market consists of the stand- holders of Washingt: Vest Wachington irke' ‘The trastees are the Kxecutive Commitee of the Asso- elation, elected by ballot by the seid stind-holders, and incorp. rated under the general act for toe im ation of market, companies and \he names are Med. with the certificate of incorporation, in the office of the Secretary of State and Count; erk’s office, so that itis evident that the tenants of the market will be placed under the head of no ring but themselves, as they will be tho ouly stockholders in the Company. ‘The idea of a monopoly being created by the ity leasing this property to the partics that are now paying the rent of it, and that will continue to #0 it, with this difference, that under the provisions of this bill the city will receive the rent from ouly one party instead of 90 diiferent parties, GE" simply “ridiculous. |The | only possible wa of creating a monopoly would vast business interest ap to be public auction, and #0 compel us to pay tribute ‘to aset of speculators. Itis as apparent to us as to an: one that 1! present miserable buildings covering this roperty: a ai e to the city, and for years we ave labored to obtain @ lease of tho premises, in order that we might erect such buildings thereon as would be credit to our great city and a pleasure for us to trans Act our busines in. We hold that no other partics but those whose business is in the market could erect what wo obligate ourselves to in, this ill--ftreproof buildings on this property—without destroying the business during th process of buliding, and we also hold that we have veate Fights in this property that canuot be taken from us and that we will never allow to be taken from us, at Teast until we have texted that question, In § $he Courts Very resi 'y, yours y ELL, ry respect valent of the Marketmed's Association, New York, March 24, 1873, REAL ESTATE MATTERS. a ‘There is only one report to be made now of real estate operations, which might be stereotyed into the line, “A very dull market,” like the famous “AN quiet on the line of the Potomac.” That business was dull yesterday 1s not to be won- ered at, considering that from daybreak until noon the sidewalks were coated with @ glass-liko surface, making pedestrianism gymnastic exercise. Later, however, the pouring water spouts from the clouds combined with the frost-covered walks to keep people within doors and let business go to the dogs. In fact, yesterday's weather would have charmed the heart of the least despondent French- 1 man, for it was just a day on which to commit sul- cide after the most approved fashion. Dealers, brokers aud speculators kept aloof from any activity, and, instead of “talking business,’ tried their utmost tu keep the office stoves warm, As stated before, tie 18 very little prospect for any improvement until the Spring becomes a set- tled fact, instead of a meteorological uncertainty. Values of real estate, on the ewst as well as west side, ought to be pretty well settled by this time, put ‘it appears that holders are only waiting for the Post estate to be disposed of before any con- siderabie dealings will be had. Yesterday's sales on ’Change were as follows :— ULLER, WILKINS AND 00, and 2%. b. stable, in rear No. 321 Ith st, n, &, w. of Greenwich at., lot 32: to T. J. Holdenberge: BY JAMES M. MILLE, 13a. fr, h.,156 East 129th st. between 34 and 4th ‘ava. ; lot 16.8x1l. By order of John 8. Woodw to Frederick W. Conk BY ANTHONY LEEK ER, SON . 14.8 Nova Scotia i. (uninished), situated on the 4. 8. of 77th st., 157.2 ft ¢, of 2d av., 25x85, By order of . O'Brien, referce ; to W. M. Powell ..... h.. torial ‘as above, nearly finished and adjoining 1.545, Saure buyer... 1h. adjoining above, nearly finished, 21. buyer. wy Ji 1 building 1 100 fL. w, of 4th a SOUTHERN INDUBIEDNESS. Governor Watker’s Plan that the Gene eral Government Assume the Debts of tl Southern States Endorsed by the Virginia Logtsiature. Ricamonp, Va., March 26, 1873. Ajoint resolution endorsing Governor Walker's plan for the assumption by the federal government of the debts of the States has passed both Houses of the General Assembly, and the Governer has been instructed te forward copies of the revolution, and his message on the subject, to the Legislatures of the several States. \ A REMARKABLE PATAL CAB ACCIDENT, Coroner Herrman held sn inquest yesterday in relation to the death of William Hart, aged thirty- three years, @ married man, residing at 22 Mott street, who Wus run over and fatally injured by Seoond avenue car No. 5, in Allen strect, on the 13th instant. It seems that Hart got upon the front platform of the car at the corner of First avende and Sixteenth street. Willtam Kenny, the conductor, collected his a and noticed no sign! p hong w nothing of the aiden andl heteard rout that e mad was tthe car, when he an mediately stopped d gave the injared Haase seimtende te kis power. 1 was tated that the deceased was endeavoring pa @N Ap- from ende! wagon whic passing, Wnen be crerbainnoed Hinvelf, aud falling upon & ue rolled back under the wheels 0 Relat one pa} rendered @ verdict in accord- ance with the evidence, bat recommended — wae qo ities remove snow from the stree iieough whten ‘cars pass, Instead of recommendin, that the street railroad companies be prokibite | Jom pling SLOW beside their tracks.

Other pages from this issue: