The New York Herald Newspaper, March 28, 1873, Page 5

PINANCTAL AND COMMERCIAL, | F232 —-- + The Money Market Stringent, ; but Rates Steady. A Further Advance in the Gold Premium. A Rise of a Quarter and a Reaction of an Eighth Per Cent, —~+—_— The Government Gold Sale and the Strategy of the Clique. pS MES SAE EY, BANK OF ENGLAND RATE UNALTERED. Be Aseti Phe Now Secretary ef the Treasury and tho “April Programme.” ~~ A DULL DAY EN STOCK ARS tat Sharp Rise in 8t, Paul on Purchases Against the Annual Election. THE COTTON CROP OF 1872-73, WALL STRRET, } THuRSDAY, March 27—6 P. M. @n ‘Change to-day cotton was in better demand and %c. per tb. dearer for both spot and future. Flour remained steady, while wheat and corn were @rmiy held, but very quiet. THE COTTON CROP OF 1872-173. A Washington telegram of to-day says that 357 estimates of the cotton crop of 1872-73 were de- pesited in the ‘pool’? at Angusta, Georgia. The average of these estimates makes the crop 3,704,888 bales. THE GOVERNMENT GOLD SALE. ‘The bids for the government goid called for a tetal of $5,560,000, the prices Offered ranging from 215.2734 to 116.33, the latter extreme being bid for ‘the entire $1,500,000, which was awarded accord- Apgly in one lot at that price. Another bid for the entire amount was made at 116.04, THE FORBIGN MARKET. ‘Tee Bank of Engiand directors at their regular weekly meeting to-day made no further alteration tm the discount rate, the minimam of whicb re- mains at 4 per cent. The London quotations show steadiness in consequence, consols being about as they were at the close yesterday, while United States bonds mapifest firmness and a little im- provement. The bullion account of THE BANK OF ENGLAND @hows a deerease for the week of £946,000, and that of the Bank of France, which, for some reason ‘wmexplained, is reported a day earlier than usual, ‘QR increase of 4,000,000f. The large decrease in the former case is an explanation of the advance in the rate of discount, but not of the special meet- ‘mg er the directors; and the gain in francs ac- ‘counts for an improvement in French rentes to 86.62, Erie shares were strong on the news from this side of the action of the New York Senate in passing the bill allowing the company to collect fare at the rate of 3cents per mile, and advanced w 52, MONEY STRINGENT. ‘The moncy market was stringent, but steady in ite stringency, the rates on call ranging within almost precisely the same limits as on the previous @ay—viz., 142 to 1-16 and interest, the market be- img a shade harder and leaving off at 1-16, or 1-32 Righer than en Wednesday. Commercial was nominal. Foreign exchange was dull and for sigat Sterling \s higher, the asking quotations of the prime drawers being 108% and 1094. Sight bills | were firm, but sixty-day bills were weak, aud were pffered at 108%; on the street at the close. The @ifference of 7; between long and snort bills is due, ef course, to the advance and possible further ad- vance of the Bank of England rate. GOLD’ STRONG—T15% A 116%. The gold market opened barely steady, under some disappointment at the announcement that the Bank of England rate had not been further ad- vauced, but soon became strong under purchases to cancel mercantile borrowings ef gold, the “shorts” being, a great many of them, quite timid and afraid to remain on the bearish side of the market, pending the eventuaiitics of the pres- ent policy of the Bank of England, however poten- tialor feeble that policy may prove to be in its modification of the gold premium. A relapse from this strength was succeeded by stiil greater firm. ess on the discovery that the highest bid fer the government gold and one calling for the whole amount had been filed by THE SYNDICATE BROKERS, whose action was interpreted to mean an impor- tant change inthe gold-selling policy of the new Secretary of the Treasury (who would soon have Qn opportunity of putting his views into practice, as tbe April programme ought in the ordinary course of things to be ready by next Sunday nignt). the other hand, it was said that they had been em- ployed in their regular business capacity as brokers to buy the gold for.the.clique in order to help the | Witter by the effect their bidding In se far as this was speculation of the would have upon the market. the object of their alleged COMPLICITY WITH THE POOL the result was eminently satisfactory, for the price of gold advanced to 11634, as against 115%, the opening price. The advance in sight sterling also contributed to the rise, which was maintained pretty steadily until near the close, when the sales | The legal tender circu | Jation excited no new influence, the enly change | for the day being @ contraction to the extent of | fell off 4 & %¢ percent. total amount outstanding being of the market is shown $83,000, the $58,487,000. The course in the table :— 7 per cent for carrying to flat for borrowing. ‘The operations of the Gold Exchange Bank were a8 follows :— Gold cleared Gold baianc: Mi 2,250, Currency balances, wee 2,001,566 The Sub-Treasury paid out $66,000 on account of 615,000 —— on | I ¢ | (66 | boo | ow Interest, and $2,200 en account of redeemed five- | twenties, THE RAILROAD BONDS. ‘The railroad bonds were less active, but prices continued firm. The-Frie mortgages were ail in steady request in the vicinity of 100, Unien Pacifics were heavy and lower, and Central Pacifics better and firm. Terre Haute firsts sold at 101, and Morris and Essex seconds at 98. The following were the bids at the call, as amended by prices in subsequent dealings: Del, Lack & West 20m. 97 Tol & Wab Ist mex... 9514 Tol & W Istm, StL div ut ‘Tol & Wab 2d im. To} & Wab equip mL uiney A lol isk hi Gal & Chic extended. .1014 ora Galena & Chie adm... 98 lad cme, R S103 Hod Sorise Hoses Vatmi 1053 Hari Morris & Essex 2d in... 98 yt NJ Cen Ist m.n.. W335 4 NJ Southern Istm 7's.. 75 ane. Pitts, FW & Chie ist m 10636 eh Pitts, FW & Chie adm. ¥ Mich Pitts, F Wo a& Chie 3d mn. 95% Mich We Clev Chey y oP Ok | Northwestern prefe: i | ioe In the gold loan market the rates ranged irom |} NEW YORK HERALD. FRIDAY, MARCH 28, 1873.—TRIPLE SHEET, et gexce “we 4 a Nl fis 4) Cea fo" BorC MS MTs. istce. 9 SOUTNERN SBOUBITINS FIRM. ‘The Southern State ponds were quiet and gen- erally frm. The Tennessees railed to 8034 and the Missouri sixes were heid at 94. ‘The Virginia con- 80i8 Were Only steady at 56. The following were the closiug prices :—Tennessee, ex coupon, 8034 & 804; do., new, 8014 & 80%; Virginia, ex coupon, 44 a 48; do., registered stock, old, 35 a 40; do. sixes, consoli- dated bonda, 56 # 6%; do. do., deferred serip, 13% 14%; Georgia sixes, 70 a 76; do. sevens, 88 a 90; North Carokna, ex coupon, 30 @ 32; do. to North Carolina Railroad, 69 a 61; do. funding, 1866, 20 a 23; do. do,, 1868, 19.8 20; do., mew, 17.419; «lo., special tax, 13 & 14; Missouri sixes, 933 a 94; do. Hannibal and St. Joseph, 9) a 91 Louisiana eixes, 43a 47; Alabama fives, 57 a 60; do. eights, 80 & 85; South Carolina sixes, 30 @ 40; do, new, January and July, 17% @ 19; do. do., Apri and October, 22 9 23; Arkansas sixes, funded, 39 # 43, GOVERNMENTS STRONG. Government bonds were strong in sympathy with the further Tise in gold, and prices advanced 4 &% per cent, the improvement being more con- spicuous in the ten-forties, the leng sixes and the 67a. On the other hand the new fives and the cur- rency sixes were lower. It was quite natural that the currency sixes sheuld suffer more or less depres- sion from the advance in gold; but we threw ont the suggestion whether the reaction in the new fives, whose course was the opposite of that of the ten-forties, the rival five per cent gold issucs, was not the consequence of the eagerness of the Syndi- cate brokers to get the government gold to-day and of their willingness to pay more than any body else for it—a disparagement of THR GOVEBNMENT CREDIT, which, direct or tndirect as it may be, comes with iN.grace {rom such a course. The following were the closing quotations:—United States currency sixes, 114% @ 114%; do. do., 1881, registered, 11734 €118; do. do. do., coupon, 120% a 120% ; do. five- twenties, registered, May and November, 117\ a 17%; do. do., 1862, coupon, do, 117% 9 11738 do, d0., 1864, do. do., 11734 a 117%; do. do., 1805, dO., d0., 118 #118 % 5 do. do., 1867, registered, January and July, 116% @ 116%; do. do., 1865, coupon, do., 1163¢ &116% ; do. do., 1867, do. do., 11814 a 118% ; do. GO., 1868, do, aQ., 117% & 117% ; do. ten-forties, reg- istered, 1113¢ a 112; do. do., coupon, 112% a 112); do. fives of 1881, registered, 114% a 114% ; do. do. do., coupon, 114% a 114%. STOCKS DULL AND STEADY. ‘The stock market was dull and quite steady, the specalative element being disposed to stand still and watch the movement in the Gold Room. ‘The only feature of note or interest was an advance of 22 per cent in St. Paul to 59%, a further result of the award of the St, Croix iand grant already referred to, and, more recently, it was reported, of purchases by Jay Gould with a view to placing himself in the Bdard of Directors at the election in dune next, when, under the classification system, one-third of the Board will go out of oMce. It was said furthermore that Jay Gouid, whose interests in connection with Northwestern make it quite likely that he is anxious to be represented in the St. Paul direction, haa a rival buyer in Henry N. Smith, and that the two men encountered each other al) of a sudden, like the combatants in the famous Western “yarn” of a duel in the dark, their confluent orders to buy running the price up to 59% this afternoon. Hannibal and St. Joseph de- clined vo 4 HIGHEST AND LOWEST PRICAS. ‘The following table shows the highest and lowest prices of the principal stocks during the day :— Highest, Lowest. 10235 a New York Central. (Ho transactions* ) {xo transactions.) Rock Island. nb St. Paul..... 87% St. Paul preferred. 15% Ohio and Mississippi. 45% | aoe Pacitic..... 35% andi. © 3936 Western Union Telegraph. 8635 Pacific Mail. 56% In Philadelphia Reading was strong and ad- vanced to 115, SALES AT THE NEW YORK STOCK BXOHANGE, ah Mere eh March 27—10:15 A. M. $1000 US 5-20, ¢, : ne 1000 bad, 5's, 10- . 1% T0000 US 6-2), 0, rhs eon ve be Pate ie A. Mcameiies Call. ae 86; 200 shs enneee. 33 B% 200 shs West Un Tel. ‘oud do... 3 209 pation Be Board—10:30 A. M. 50) shs Pac MSS Co... 57% 10) Panama RR....b'¢ 113 400 do, 1236 A 500 Krie 4th mn 10ty Erie 5th m 2w Mich sou wd 100) wip Mich South sr'bs 5000 Un Pac 7 oh do. . S000 At & Ti Istia.. S09 Tol & Wab Ist m 6uw © SE LA Pacis xn) N Gn W Un Tel 200 Harlem Ist Sal Bank of 2B st Nicholas Bank. y West 't Hel...be.¢ 864 0 is00 15 and 2:15 P.M. iT aay UE ee, Sebuatg oe * toe Cae Ee 'G 120 Sow ws 906, L175 60000 di 500 US 5-20, 6, "64, ...-. Mis, 14000 US 5's, 8500 US 5-20, c', °65, i. ‘ 116% 50000 US 5's, * sie ¢. shs Weat Un Tel.” WONYCAHR 0. Pl} cr 1100 Hariem RR. 10 LS 4M SRR. do. WO G0... 20) Panaina. iti 2001, W & W RR $10000Tenn 6's, old oo) do 100 de 10000 Va 6 5000 SC 6s, 500 Mimo Os. 100) do 5000 rie 4th m, | Maren, 100 at 13 MW) at 18 9106, 190, June | 19 5-i6e. ; td 87 m3 gi rf Ao! i Nbdg 100 Mit, oo HO 3 . o, » 58 5 ie : 400 600 . oe 0 100 be ‘300 600 . Oe do. wes, BTM 100 do... 0... D3 5D GONYCAUR be 1024 LOOM AStPRE pf... 76% ne do. daz’ 3 . c bi eee 100 3 Fa! i) E 83 5732 100 58 4 5 Ww bs 20 . os “b80 88% 400 do » ay ut bo 3H 200 4 Sy WO do. +b3. 07% S00 a) 57 WO EH lw oY 100 . hy $3 » oe i oe 200 8959 192%, 100 D6 133° a0 wwe a loo a ae 40) as i, WO 73: ay a oy 108 & 93% 300 98%, Guu * have 200 ao ah 200 Kock Island 0 BO» desde, nS 93 © 1g Ag Cuba, Porto Rico ualish Jalands ba ge and mixed... Cubs; mureovado, reinliy. Tppecovede, .FRONeD, thin’ date, bane i, ot . mee Porto Rice, Ait do 1200 bbls of New ‘Orleans. We | pa “vooKe” % oo, No. 20 Wal street, Exchange on Frankfort, Bremen. sia Oircnlar Letters, Commercial Credits, rive, at 61 rder, at 6 JAY COOKE, MoCULLOCH & Co. r 3c. bid a WAS ‘a Lombard street, London. wins Mteaty aa fat | Jonge : , at $3 00; e00 Dble. of pale at 7b. ‘Tar remained bisnaereaneemeea Gomrany, } quiet and unchanged. Quoted at $4094 w for Wauning- ee ba) and and wii) aanegs ue bere 2 1 next, on origage fhe condition of the 4 srlarhet t for refined bonus, Nowy ie Rutlroual will be paid at the continaed ¥ ‘unchanged, ower, mani office of Duncan, Sherman & Co. 1 Nassau street. firmness, vested” ee > nig she 7 ask: UANMAN. Treasurer. sc. soe alt oy 9 kin iss vo anal very Nowshauns HEAD BANK~THE COMMITTEE sfenaraty ing 10. for. zon delivery, Depositors of the Bull's Mead Bank are how in ‘Wee. for ye. Neg ond lelivery. were -onstant session at Ashland House, corner of Twenty- ny oh ie 2262" Naphihare. | fourth street and. Fourth « depositors are at bout a » for mand | earnestly req to call upon them at once and city, AC the Creek reports were of & dull market. Prices | subscribe to Preferred ‘stock, in order that Market eranained. active, with’ p cea nominal Phila | them aceess to their fines and save it irim heme thrown Refine a os month and into Dank y. __A. 8. CAMERON, Chairman. aa x halt of April at 1 snag, fe May on F¥ICR OF JEFFERSONVILLE, MADISON AND Seas, ior in prices for do. ex -~ Cut he sales terms ; 30 We., cut eh Isao. ¢ inna, a tabi 75 kege the market. for mews po the rales gomp the range of $10.0 average, at 114 100 do di Aa dest made of beef, 14 pack ; soe tierces, grist but ye have only to Bote nalta OFM AbIE of new $16 2, 100 sey for old wi 28 for new , oxtra prime ts mei 3, and 500 bbls. of prime was in (air de: April 874c-: 1.000 boxes of do. f dow eae desaand and without ctae new tra do. bl rho x for do. Tt ne Indi, ane. tierce hanged a ute mente met with'a Yeiy tanutt area imelude @ boxes of ary faited j So. of oe icktod Delton 1 a ido, 12lbe average, at 11 anil and he market firmer. Sales—100 boxes long 5 clea, ot, \ 200 boxes short clear, at 9. ; iy rt Beet mend pret. wut ease tial ¢ out i iz pate us eaneae roti’ 8 $22" (or do. pr! recs teres, "and $38 a $81 Ibe. suited py as ase. . average, on pi wher a ON terms; Todtiercen of pickled haeie, ibs. ave age, firmer. re, at do. of bellies, 2 Iba.’ average, on private terms. TLani—-The market tor Western was mere active to-day an esi ales, 600 tlerces, pol at § do, fo, atl UI arc! i 10. A OLOSING PRICES—4 O'CLOCK P, M. the. eile 2,000 do, Tor May at S12MGe. abd 2h | 0 idle me Ba Western Union ad “ $614 Union Pacitic io a 38} Guotod at 73¢ a Bet for the ae Mas were firmer. in oasis BG, % : ue Nortarenee! oe Bate co Micn see ol Oarel ron ices tine uv aise fs Northweat'n S | Sales dltieroen of Caroline at from Te. 4 Bye. and 380 % e's Seis K be pert pl pn raw conned, tair and the Ing i eters bd ci COMMERCIAL REPORT. wg Cotton Firmer; Receipts at the Porte, 5,883 Bales—Flour Steady—Wheat Firm—Corn and Oats Quict—Pork Steady—Lard and Bacon Firmer—Groceries Quiet—Petro- leum Closed Easicr—Spirits Turpentine Firmer— Rosin Steady—Whiskey Un- Tuurspay, March 27—6 P. M. The merchandise markets were generally steady, under a fair demand; but there was some trregu- larity, and less doing in some departments, ‘There ‘was almost no movement in flour and grain. Stocks are very light, and holders accordingiy demanded full prices; but there were few orders unexecuted, and these were generally at limits below the cur- rent nominal quotations, These remarks apply with equal force to flour and wheat. Corn was quiet, but very firm, holders generally in- sisting upon higher prices. Oats were leas active, but firmer, especially for ordinary new mixed. Whiskey remained quiet. ‘There was greater buoyancy in the provision markets, particularly bacon and lard, which were in demand and decid- edly higher, the former being somewhat excited and nominal. Cotton atiracted more attention and the market ruled firmer. Groceries continued quiet, except for sugar, for which the demand was fair at former prices. Spirits of turpentine was active and firmer, while rosin rnled about steady. Petroleum was inactive, and closed showing con- siderable weakness. Corrgk.—The market continued quiet but firm for all descriptions. e have only to note a sale” at Baltimore of 3,000 bags Rio, ex Adelaide, on private terms. We quote:—Rio, ordi- nary cargoes, 16}gc. a 16%c.; fair cargoes, I74c. Rood cargoes, Ie. a 1820.5 pritn 18e. ; Java, government bag gras mats 20. a 22c.; Singapore, Wige. a I7}se. ; 123gc. a 18!%c.; Maracaibo, I8e. a 19e.; Laguayr 2We.: Jamaica, I a 1334 Porto Rico, 19. a 20c.; Costa Rica, 18c. Mexican, 18c. a 19¢.; Manila, I7Me. a 18ke.; Angostura, ITM&%e. a 18ige.; Savanilla, 1745e. a I8tgc.; Curacoa, 17!gc. a 1834 Ups per Ib., 60 a 90 days’ credit. ortoN.—The market for co: | aedvy firmer, under @ more a export, and prices ruled 4c. p z cere deliveries were again active and prices advance: ie. per ib. This Improvement was not main ained the Hose of the market, however, the mari 189-160, for April, 191-i6e. for May, 19%c. tor 19 1L-16c. tor July, W a cargoes, on the spot vas dect rive deman: tefly for ng Sune aud Total. 26 98 been as follow: tevening atter thre ae . 100 at 19. at, Exc langed — c exch Aprit At for Jaye. “Total, 7,000 baie you fo three o'clock. —Mare! 10 i ise 1) tists a A Cn, U at Boat Siac ts. Lite e 5 October, S00 at 17! Ex total, 35,90) bales, ‘The receipts at the ports. were as foliows Ee New Orleans, Mobile, 138; % last week, ‘This dav last vear,'s, cotton tw orts closed as follows:—To Havre, by steam, ee} Sab te, compresed, To Hamburg, compressed. To Breme To Liverpool, swam, iit, ‘a tad. We quote Uplands. Ordinat ‘ts Good ordinary. 16 Strict good ordinary 17 Low middling. i Gendt ating ¢ The quotations are hased on cotion in store, running iit quality not more than half a grade above of below the grade quoted. Fiove asp Gra ipte—Flour, 3.63) bbla. wheat 8 100 bbls. and The flour ‘drm but quiet. Lines of shipping extras and drmiy held. The sales, including alt ee ire ign ste: Mid. “a Fela; nei Dis. tal, ream 16% New Orleane, Te scarce Kinds, aggregate about 12,000 bbis.. at prices within the { ge of ed quotations. Corn meal continued ange que and une! Keil. Dales 2) bbls. of Western yellow ¥ ets on the fer me appa aioe at ae * ance 0, : OO a $5 25 Superane State. Mh to 098 50 Extra St “ Ba 775 Choice state ia 3B Superfine Western... 6a 6D Extra Western. 6%e iw Extra Minnesota. Tie ow Round hoop Ohio, (70a 7 Round hoop Ohio, 80a 90 Family... 904 1025 St. Louis low extra, Te 775 St. Louis straight ¢: 3008 35) St. Louk choice double extra 90 alow St. Louis choice my 10 00 a 13 00 Californi 90a 1097 0s our 13598 60) Geuthern § % pb Ba 50 4 ine 6008 6H) Scuthern 43 . ‘bp a u ” outhern family. Gorm meal, Westera. TBE ER Corn meal, i am . ; Wa 3% Corn meal, Brandy win 365 a 375 Baltimoi 400 f. 0. b. Caloric 36a 365 Paneheous. heat was quie eaten. held: the only sales were about piece: 1 50 tor inferior Spring. $1 65 for white Spring and $220 ‘25 for fancy whit ichigan, wet, Bat tress the ralen icor up about 2 66%, fer Western yellow. 630. & 7Uc. for do. white, 6 for Jersey yellow, afloat; 64¥c. bid for old Wiets. mixed, in store. Other descriptions were nominal. 0: were firm for uew mixed, but wot very active; the sale Were confined to small lots, at 480, a 8c. for mixed, the track . for new white, on the track for black and Bie. a S50. for choice white; ol 51'4c., in store. Barley and rye were ne lected thd nomi “i jdenerally held a = 58 ° Ze Corn was ve the views of Ts. mm being scarce by. vessels on the berth, ere was very litle accomplished in that line, but rated oiibined no m change. The inquiry tor vessels particularly or those ailapted to ihe Al pat former rates were current. The =To Liverpool, by sail, 700 bales cot- hhds. of taliow O Landon. by sail, . 1200 bbls. pork tL. and |, ry ad 1.00 terces of the United Kingdom or, troleum at 6s. td, Norwegian bark. refined hence, to 9 Baltic | port, 7.400 bbls, refined do., 78. Datch bark,” irom 5 Philadelphia to the continent, 400 bbls. of do,, at 6s. dd. * & Norwegian bark (relet), hence to O for Orders, sin om Phi qaaciers grain, at 6a, $4. ; @ Nor’ jam bark, tr deiphia wo Bristol, 1 "a0 bbe retp je petroretia 9.5 a Norwe nm bark, from do. stadt, bis. re~ bl do. Lo Elsinore for den, at 72a German bark, from orders jo"the Baltic, 4000 eat total 7a. on, if direct, Motass: Aside from & limited jobbing demand for 6 MAUI a i Miapiat shay Ay blu pal Adis baalay 760 433, yw middling), the sales have all OW bushels, at dBc. & | 5c. 3,000 pee with privilege of the Baltic ati a | wate te Poxea masa b barely fal fair Seaning all at st eee poebeisay pareve sae. al Boxes, Bags. ri. te 1,342 hnds. and 1,438 Tuba at 8e., centri- eacians 8 Go, in thele cireniae ar i This dats, roport the plocky tale and rocelpoas tines *k (ascertained by actual fea nk incloding ypecule- tion), Maren 1, 12,745 20.0% 74,064 1, Receipts since March Moor Siset Ghar XO Totals 47,443 09.890 167, Sales since 26794 38,176 titer “tse Stock thinday, March 2, 1873 Me U7 12, Comparing with stock, March cea abla Cont aring With stock, March" Selita: ual Com ring with stock, Abril Lijec aaisactibae me 1 ; 98,594 344,403 308 lasses, hi OX a 8c. ; vann-tioxen| Buteh standard: Now. 1 to 10 te 12, 84 Wea Wit: ao. ibe Porto Nos. Bul tee reanctni €0! hee. of of prime "Tan! moderate. 8 1b-16e. Wriskry.—Receipts, under a fair demeuae” Cotton ordinary, Continent Cotton in moderate demand: middtin; 204 baled: gross, L413. EE ore a i eveni potton Stock, 37,74 Exnoris¢ Cotton Tic. a 18% the ou Ko. 2 ite Tustels | Bee, ; Western, | Weatern, lower, at rye and 4 Loxpos Consols : Erie PN Jands, 944. : day have | and expo | Eveniny Lonpor world, thre TH A follows Priviley Double ‘or circu LAPSI LEY A. in N grocery, Gar tg recolpes, uw Cotton auiet midahinnes, 18360. se, 108, ‘ 6c Exports codstwise, Spirits of turpentine steady; sui ‘Dats duit | at “42c, Baric State on track at oted n rowed, 6c. Rye. hominial at B5e. | prime white bans: Other articles ui Fiour—Demand, light c c. for No. | avgis a casi and 2,000 do. aria bushels wheat’ for the account. United Erie A 3 pgs 52. American securitt 1867's, 93%; ten-torties, 8934; new iaves, arch 27.—French rentes, Porron Mar«er.—Livenroor, March 27-5 —The marker closed quiet as stead. iadiing beg 1865) louin. 19344. a 16d. per UGUST BELMONT & CO. issue Travellers’ Credits, avaitab! tock b; purcha: inferior to common, on ipfeot fe pe 5 ine es, 9c. lado, 4c. Te. + do. 13 to i5, 90. @ 19to. 3, 108%. Me. w Ib, “Retinkng, goiningn wo a 940. Sto 12, 7e.a Se Java~-Duteh standard, vie: a %e, Manila—Superior and extra ninued quiet but unchanged. Sales 10 a e naekSt was steady, bat the demand only "Balad 80,000 Ibs. last evenimg and to-day al "halon 300 DOMESTIC MAL MARKETS. atin ope 92e., Ga.veston, March 27, at ttled; Toxas ordinary, 13 Ibe. Net receipts, 898 bales. t, 1,820. Sales, 200," Stock, 63,781 New ORvEaNs, March 27, 1878. ce. wb Ic. 5 xports—To he Continent, 3.067: coastwise, 700, ing, 9,000, Stoc! Mostie, March 27, giles, Jittle aolne: middlings, 1G. bales. Exports coastwise, 30, Ne Savannan, March 27, 1873. ert betta ARI steady ; middlings ae c ; good 01 sae. , 900, Stock, Witatnaron, N, ©. at sale made publi quoted—Milwaukee No. te ing 1 $1 40 4 $1905, Duluth r $175 2 $180. Cor on Bok ate ode, Western white ady; sales quoted — No, 2 in stot st if sla prime Weste: a atta $125. ‘frm. 10 a $i Rye malt held at oe; Cnicaco, March 27, 1873, holders firm juiet, weak and lowe: Vsgein at $1 23? for ean; No. . Sorndull 0. 2 do.. 10a $1 1 433c. a SH G a BS. “Oats Tejected, 240. ge a ‘2 regular; G63¢. for’ treah. tair demand, at 80c, a Sic, for No. 2 Fal Fork—Demand good at full prices; goligr May, Lard 000 nts—6,000 ‘bbis. tour, Ship 000 do. “do. corn, a" ‘parley. EUROPEAN MARKETS, moe! Manx! sed at Why 000 & 92% for money and 2% y shares, 1 Panis, middling Orleans, 9 heen 12,00) bales, including rt OF the sales 10,000 1 800 Propuce Manrxer. nkers, 19 and Xai stres al ‘ough the Messrs, DE ROTHSCHILD and their correspondents, igo Cominercial Credits and transfers of money on ifornia, Kurope and Havana. HE COMPARATIVE market for the p: y ete DU! NESS d now will be ar, with illustrations and refe & BAZLEY, brokers, 47 Exchange place. ew York, Brooklyn and New lar cash ; 23! quiet and unchanged, Barley M1 636. 000 oats, 1,000 do. middling up- he sales of the for speculation were American. | Sales of cotton, anippe ed from March and April, 94d. ; Febru: 9 Livenroor Breapstorrs Makker.—LivinrooL, March —P. M.—Breadstuits quiet Livenroor, Provisions Market.—Liverroot, March 27— i Bw ening.—Bacon, Camberland cut., 38%. per ewt., and 39s. 3d. per ewt. tor short rib middles. bg RPOOL PRropuck MARKET. Rrene March 7— | .—Common Fosin, 8% 94. per c Lonnox, March 27.—Petro- qallon for spiriis, and 16d. tor re- £33 ton. ned. Clnseed oii, £82 er ws Market.—Axtwere, Mar fh —Petrok 4a tor dine pale Americar Pe sh _—_ ooo FINANCIAL. parts of the OF THE snonth mast soon be ordinary activity, therefore a Double paying investment. ivileges are fixed at market price av time, of purchase, and are available for a decline or advance. ences, apply to “) —MONRY 70 LOAN ON BOND. AND MORTGAGE, Jersey. Princi: fod SOY apply ty SABUKL 3, WOOD, Jr., 186 Broadway, Greens ASSETS, April. and ts days of Su street. Westeh New York. Compan: New York, one can sj iL Kee: I Fags B mon stock, life aasnrance. SAVINGS BAN The Cire OF 8° oF * srw YORK. egent Rate of ne and December of each year, enking. houry e ufdays from 10 A.M. to7 P. on jays Bank booksin English, German and French. QUINTARD, President, A. Busce, See retary. <) MORTGAGE A. G, box 150 Herald oMee. Addr room 20. Privileges a specialty. $8,406,908 | aterest, Six ney deposited now will bear interest from | Interest computed from the Ist of each month, Paid or credited on balance on hand on the last P.M, nN - OF $2,003, DUB Id by Mutual Lite Insurance on farm in ter county. Address DEAN, box 4,651 Post office, “SHARES OF THE GAS LIGHT CoM. America, Parties desiring the saine will ASKINS & BRAINE, STOCK BROKERS, 11 BROAD street. Stock and Gold A JOR SALF—20 SHARES PREFERRED, 20) DO. CON Atte Kock and Fort Sinith Railroad S FARIS & STOCKER, A New street, | ol ny ealate with small capital and very little risk. Explanatory lory circulars mailed. AM A RETIRED ARMY OFFICER DRAWING $1, 2» apr ra from the government. wi for which I will pay 10 eure pr a re by & pledye of mn 8 polic: ‘address LB! Ni Herald office. Y & BAZLEY, BROKERS. 47 T wish to borrow id which y of EXCHANGE 6. negotiate doable privileges, pute and calls ov + Ad MAMER: BO Tink hove) manne ime The market was steady xports to" ‘the 19, Ney re- Great a: Sales, 1,000: 27, 1873. t Sales, 400. Net et receipts 1.903 bales. .. Net receipts, 438 bales. 30,072. q' sales at $2 70 for strained. © entine q! salen at $2 2 for hard, 4 for yellow di ot olan Sit $4 for y *, . nes nd virgin, “43 3. Figar quiet, Western spring "arab $9; white, aH, Tein whoa eee: ic vas @ sinall lot of Canada $1 60; Chicago Spring, $1 | quiet; sales 3,700 at unchanged. losing eat in fair demand | $5 seller May. iad ad food ‘demand; 3c freely’ bid for Shoulders, Sie asked ; mg clear middits, 7c; short rip middle, Ti. a tac short clear paadies, ve a 7%. Pe mn stendy and un: chang ie fet al fe. Receipts—5, four, 3000 bushels wheat 29000 do, corn, 000 do, vata Loxpon, March 27—5 P, M.— a tates bonds, Inew ite Bank} 58 Bowery, southwest corner of Canal | y day from 10A. M. to 3 P+ Indiana is Baliscen, ererern eh March 26, the secoud bonds cr this pa ma. turing at Bank of Sinericn, New York, April m paid at matu or tne holders roof may, at thew the: Delo Qore a morigace minking find bonds: princi. on reece guaran at ninety-five in exc ce crenore, The exchange wil be made bond for houd.and the difference of five per cent will be paid the holder in at the time of mal he, exchange. OMAS A, SCOTT, President. ermal or Fp a it CANADA oor orn Railway Company, ham street, New York. roh 2%, 1873, —' -annaal Interest, maturing igre Mad vi mortsnre bonds of the Chicago ‘4 Canada Southern Kai ‘ompany will be paid on nd after the fet prox. at the Union Trust Company of New York, 73 Broadway. ‘M. COURTRIGHT, President. P ROPORALS FOR mae STOCK OF THE CITY OF Ap’ s. sat the g Comptralien's 's pril 3, Ui o'eloc bbulcly onened. for the whole oF Bealed p: Wicertye omee until rain. 2 when the same will Bay parcof the sum of three hundred thousand dollars of ‘of New York, to GHOTON AQUEDUCT STOCK, chapter 230, Laws of 1870, Payable, in ‘$150, stock of the ci Additional NI as seatirgys Dy AOTON WATE MAIN HOCK” authorised i “ehnptar 88, Laws of 1872, arable November Said 8 Sent per annum, pa: leon te tho frst day ot May and § vember in ead ¢ proposals will state the amount i slocks deniredl and the price per cae hundred dotlurs Mereot; and. the persons whore Broposals. are accepted, will, thereupon, Fequired to jeposit with the Comp: Woller the sums awarded to them respectively, together with any premiums thereon, when they will be entitled to reckive certificates for equal amounts of the par value af the to them, bearing interest from the ay proven khonld be sealed and endorsed ‘“Propo- of the Uity of New York,” and enclose cee eitvelope addremed to the Comptroller. eis reserved on the part of the Comptroller to rojectany orallofthe pit ip Fisjudgment, the interests of the Corporation ire ik wR. rina Comptroller. ne OF FINAN ta. § Crry or phe Your, ry 6, Is ) THE DEPOSITORS 1 IN AND OTHER CREDITORS of the Bowling ¢ ireen Savings Bank, of the city of New York.-—Notice is hereby uivon pursuant to the direc- it of the Supreme Court, by an order made the 26th 1 March, A873 that a dividend of ten (10) per cent of debts of the Bowling Green Savings Bank of the city of New. York, is reudy to be made. atgons, all thove creditors of the suid Dank. who have exhibited their claims as ereditors, and whose debts have been as- certained, Office for payment, 33 Broadway, New York. Hons for payment between 10 o'clock in the forenoon. nd.2 o'clock im the afternoon of each day, commencing nthe 7th day ef April, 1873. SHE! ’. KNAPP, as Keceiver of the Bowling Green Savings jank of the city ot New York. __Nuw Yorx, March 26, 1873. NION DIME SAVINGS BANK, 396 and 398 Canal street, corner Latch Aix per cent interest paid, Money depouted, now will bear interest from Apri Ansets, ten imiluene' nine hundred and clahey seven thou- sand dollars. Books in English, French and German. ANTED—TO BURROW $3,000 FOR ONE YRA secured with a $4,000 second mortgage, due i ning months, amply secured: will pay 10 per cent to cover d fegal interest, "Address WHITFLELD, Herald $10. 000 “TOL LOAN. ONT IMPROVED PROEBETYs no bouns; cash in bank. OLIVER BRY- 'N, 115 Broadway. Refer to Mr. wi Bath ‘Mesara. Wiliams & Guion, TO LOAN ON REAL ESTATE IN $145. 00( yards One o's mortgaged negotiated. this city or Brooklyn; $5,000 and u ‘apply 0 JOUN EY, 162 Broadway, room $186.42! nd ene TO LOAN ON, ~@00D FIRST AND Hecond Mortgages, city property only. ve ations at of RDENRICH £00, 906 and 48 Third avenue. $250.000 Ftearres ae, ees ace fecond and learehold Mortgages cash . M. JOHNSON, 160 ‘Broadway, room 3% $400: 00 TO LOAN ON NEW YORK, BROOK- lyn and Westchester Real ‘Estate, in sums to sult; no bonus required: term of 2. Ee Wibnts, Montauk Company, 168 i on THE COPARTNERSHIP HURBTOPORE existing between the parties hereto, under the firm the transpertation business ts this 0. DAN Bi Of Geo, Davis & Co., 1 day diwolved by mutual consent. Rew Your, March 27, 1873 KIE. The subscribers have termed a copartuership under the name and style of Geo. Davis &Co., aud will cou- tinue the transportation business, making railroad iron and other coarse freights a specialt lakes and interior points to any Liberty street. “Tcetination Office 6t GEO. DAVIS, N. W. BLOSS: a REAL ESTATE MATTERS. Still no change for the better. There was a goodly number of spectators assembled at the Ex- change, and the sales of the day were somewhat more spirited, yet the prices obtained cannot be accepted as standard for the general vaiue of property. Everybody now hugs the idea that basi- ness, on and atter the 2d prox., will become brilliant, and that the disposal of the ‘Post estate” will form the basis of future operations, as fur as values by dollars and cents is concerned. Itisa good thing that there is something to look ahead to, for a re- vival in real estate transactions; activity is sadly needed, and we cannot see any good reason why the sudden check should have occurred, unless the reasons we advanced, namely, a stringent money same. Mr. V. K. Stevenson, Jr., testerday the four story hi stoop brown stene dwelling house No. 664 Fifth avenue, near Forty- sixth street—size 18.4x66x76—including farniture, Mr. Charles L. Cornish, for $70,000. A small por- tio of the consideration paid on the above pur- chase was some suburban real etre which was, however, appraised at a cash valuatiot Annexed is alist of the ee salen effected yes- terday at the Real Estate Exchange :-- BY ANTHONY J BLRRCKKEG, SON AND CO. 520. bk. houses and lote 1s ch lot 25x44 bik., ‘and iw: 4th st, also 3.8, bk, h. and |. Las W. 24th st, io bik. : W. G. Gregory et Ok, nd 124 W. 24th sy ajo the aiove, Tot téasy Onk.; 8M. Parke yaportt having sold yes- » 14,260 307 and Pench lot 20x88, J. it OF TUN aY., 26X100,5; A. ) adjoining the above; A. Bellamy BY DINGEE, PORTER AND CO. 2 lots, st., 280 fle. of 6th ay. : lot aa ri Davidson. ae 24, bk. h. and plot of ground, located on Vanderbitt, Gates and Clinton avs. ; plot 77.6x200; J, H. Tait, $41,000 Messrs. ‘a. D. Mellick, Jr., & Brother, real estate brokers, No. 6 Pine street, have*just issued for the convenience of their patrons, a book of two hun- ba pages, with fine illustrations, describing peer In the New Jersey suburbs, including ‘ighly Valuable statistica , PIRE IN NINTH AVENUE, The Loss About One Thousand Dollar: A fire broke out at half-past four o'clock yester- day morning in the three story frame bailding 117 Ninth avenye that caused @ loss of about one thou- sand dollars, The flames burst out upon the first floor, occupied by William H. Lonsberry, @ liquor dealer. His stock was damaged to the extent of $600; no insurance. The building was injured to the extent of $150; insured tor $3,000 in the Rut- gers. The adjoining house, 119, was also Slightly injured, and the steck in it damaged to the extent of $200; insured for $1,000 in the St. Nicuo- las Insurance Vompany. DISEASED MBAT IN NEWARK, Mention bas already been made of the prevalence in some parts of New Jersey of the cattle disease, anda movement is now making tn the Legislature to have measures taken to root it out. The neces- sity for some action was demonstrated by a case in Newark yesterday. In the slaughter house of Isaac Schwatz was found the carcass of @ diseased cow, which had been purchased for $15 by one Schoohaus. Nobody knew anything about the cor- rupt character of the animal, so ail declared, and, strange to say, no criminal proceedings were taken against a1 oI iek by the authorities. The carcass was seized, though, and carted over to the horse man.” [fjthe authorities would keep @ sharp eye on the cattie dealers, slaughterers ana butchers, and ponish them when found out, putrid beef would not be the case DOW, market and the unsettled weather has caused the | completed to-day. through canal and | | to be, ; and joiners is not so strong now 4s it was a w 5 (THE BULL'S HEAD BANK. —_—-—_— The Depositors Accept the Proposed Plan for Ree organising the Bank—They Subscribe for $98,000 of the New Stock Capital—Sigpifi- cant Hints About the Late Officers of the Bank—The Bank To Be Reopened on or About the 7th of April—Resolu- tions to Punish the Defaulters Drawn Up and Adopted. According to the announcement which was pnind lished yesterday morning, the depositors of tig Bull’s Head Bank assembled at Teutonia Hall, Sixe teenth street and Third avenue, to hear the report of the committee, to whom they had entrusted the onerous duty of forming a scheme to reorganiz@ the institution. The hall, which is a very targe one, was well Miedg the number present exceeding that at either of th previous meetings. Mr. Cameron, the Coairman, called the meeting to order at teu o'clock, poe after @ little preliminary business proceeded t@ make an official report of the doings of the Confer~ ence Committee, of which he was Chairman alsud As his admirable scheme for reorganizing was put lished yesterday, he was greeted with prolonged cheers as he took the feor, and several times dure ing the reading of the report he was interrupted) by the applause of those present. After detailing the primary doings of the come Mittee the report told of how the scheme published) below was born and matured. To Mr. Camerong who isa very young man, belongs the honor of having invented A NEW SCHEME FOR RESUSCITATING COLLAPSED BANKS, Besides being novel his plan of reorganization is one which not enly secures but benefits the dee positors. The plan, its acceptance by the stocks holders, and the opinion of Mr. Williams, an ola authority on banking matters, were detailed. Sua pian of organization is as follows:—A committe: of five persons bas been appointed to do the work: In this committee stockhoiders and depositor@ ar@ represented. The mode of procedure is after thig Manner :—Those holding the present stock of tha bank are to turn it over to this corgmi tee, who are imstrocted and empowered t raise a preferred stock capital of $300,000, one= half of which is to be offered to the stockholdera and the other half to the depositors. This preferred) stock is to be entitled to semi-annual dividends of ten per cent, and the old or deierred stock 18 to have ne voice in the management of the bank uotik such time as the earnings of the bank shall placa them both on an equal footing. The idea of plac! the new stock in the hands of the depositoreis excellent one, inasmuch as it secures the banig from a second collapse when Its doors are trownt open, for those why have capital steck in the cun« cern will not, when the bank is opened, ask fog then, money and irrevocamly weaken the ‘bank, whict will be in a delicate state of health after ‘igs lava severe trial. The plan nas never before been trie and on the liberality of the depositors its success depends, ‘THY ISSUB AT STAKE in its success may seem to concern those havin, money in this institation alone; but more tha! this is to be looked for, as it starts a precedeu’ which will relieve the depositors in all savings in- stitutions from the tyramny of receivers and tha vexation of tardy legal methods, ‘The report was accepted and adopted and tha subscription lists opened. Betore the drawing up of the checks for the stock Mr. O’Reilley made a@ motion to have all the checks drawn out to the or- der of the chairman, Rt Oumeron, for the dee posite in the bank. . Mott amended or ampli- fied the resolution 80 a0 to have the committca also with the chairman and to allow him to use his owa discretion in the premises, The amen Ment Was unanimously carried. The subscriptions, were then opened and steck to the amount of NINETY-KIGHT THOUSAND FIVE HUNDRED ANI TWENTY DOLLARS SUBSCIBED. Mr. Cameren subscribed for $10,000 and Mri Morrell for $5,000. The cemmittee will be sitting at the Ashland House until further notice. During the meeting Mr. Cameron oficred tha following resolution :— Resolved, That by the cits of the Bull's Head Bank— a@concern which lias stood high in the confidence of the business community—the depositors are n rhously injure embarrassed at the effect te closing, 18 view of the heretoto: igh standiug of the b be’ to aliake the couddeace of the Communit Ini the safety of banks generally. and s the inanagers of moneyed institutions and the genera! public have, in our estimation, treated in too lenient # spirit those Who, while uey were guilty as thieves in the worst sense and deservin: anisliment we such, have been allewed to go anpun! sine under the softened name of defaulters. We, on the contrary, recognize the dan- | ger of such a pi nt, do hereby declare it to be cur inflexible intention to trace the responsibility of the present condition of the Bull's Head ne guilty, parties and see that such an example is made of them as will have a wholesome effect upon the conduct of the officers of similar insutations who are entrusted wittt the care of money not their own. The resolution was ananimeusly carried amid it oud cheers. Mr. Cameron then offered the following, which was carried :— beget etl That the depositors of the Bull's He: are obliged to the members of the press who have sa Kinaly given their assistance in advancing our interestag and that we tender our hearty thauks for their dising terested efforts in our behalf, SIGNIFICANT HINTS. After a few rambling remarks by the genesitors who were anxious to have the bank officiais hanged, Mr. Cameron rose and made a few signi cant hints which have a decidedly Williamsoni: flavor. He said that he had called upon a certaim gentleman whe said if he could get a good lawye: to stand between him and the law, he would not purchase one cent’s worth of the stock. Here loud cries of ‘Name him!” “It is Williams son!” &¢., came from the meeting. Mr. Cameron declined to name Grd one, prefers ring to leave a space for the scope of the depositorst imaginations. A gentleman now moved that Mr, Cameron b@ elected President of the reorganized bank, but at that gentleman declared the actien premature ig Was withdrawn, Mr. Cameron accepting it as a compliment. ‘The subscription on the part of the stockholders was at four o’clock yesterday afternoon nearly filled, and it is hoped that the depositors’ wil) ba THE LABOR MOVEMENT. per ete CE a The Excitement in Reference to a Strikd 8tin Continaing—Pia: Yet Undevel- oped—The “Bosses” Anx' ly Watched. The excitement among the various trades in tha city relative to the proposed strike continues, The masons, the carpenters and the branches of labon engaged in the building trade are on the qui viva waiting for any developments that may oceur, and the utmost anxiety is manifested to ascertain what the action of the operators is likely The masons have a very strong or- ganization, and in the event of being forced to it, they purpose to make a bitter fight. Tha great point at issue is the intention on the part of | some Of the bosses to bring about THE TEN HOUR SYSTEM AGAIN, which was partially overthrown in the great move- ment last Summer, In one or two instances tha bosses have returned to the old system, having rocured men from other States todo the work. f their experiment should prove succe: i their example Will doubtiess be followed by the other contractors. The feeling among the carpenters ago, the impression gaining ground that for the Tae no eitempt will ve made to — the ‘ours of labor. There is NOT MUCH TROUBLE ABOUT WAGRS, * the employers having stated that they are willing to continue at the present rate if the men ara equally satisfied. The rate of wages which car- enters now receive is about $3 50 per day. Mem- rs of the same trade in Brooklyn only receive $3 r Peine jremen and helpers employed in the varioug sworks are still agitating the contemplated strike. Very littie information can be procured ag to what their measfres will be. The cabinet: makers and pianoforte makers have, as yet, mani- lested no intention of renewing the struggle, SUICIDE BY TAKING POISON. Lack of Employment the Cause. Coroner Young yesterday tteid an inquest at 146 West Nineteenth street, on the body of Michael J. Hackett, @ bartender, twenty-six years of aye, who died at the above number from the effects of 4 dose of poison which he had swallowed with sui- cidal intent. Deceased had heen out of employ- ment for the last five or six months, which maia him very despondent, and those best acqua: with bim thought, at intervals, that he was his rig&t mind, On Monday evening, Ha with some old friends and companions, wii used all their efforts to rouse bim from hist condition of despondency and make hin cheesfal again, but in vain, At length one of the men asked Hackett to take a drink, anck ere furnished with a glass ef beer he stepped ta aad of the counter, which extended to the rear a tue room, and while there alone, bone ni A in was summoned an tidotes adinins istered, but the poison s taken fatal effect, de 7 being the result. The found that deosase oifered for sale #0 readily osir | Soepes ww suicide while temporarily leranged, Tunas lu, Friends (90k guarse 0) jae 1 METAS ba,