The New York Herald Newspaper, April 18, 1873, Page 8

FINANCIAL AND COMMERCIAL. F — --__—_—_ ‘The Monetary Siege and the Crisis at the Stock Exchange. The Kate on Call Advances to 187 Por Oent and Declines to 5 Per Cent. STOCKS WAVER, RALLY AND RISE. A General “Jump” and a Buoyant Feeling at the Close, SERIOUS DECLINE IN FOREIGN EXCHANGE, Tho Gold Market Unsettled and the solidated. bonds, 5244 a 53; do,, sixes, deferred serip, 134 @ 14; Georgia sixes, 70 @ 78; do. sevens, 87 & 90; North Carolina, ex-coupon, 30 @ 31; do funding, 1865, 18 a 20; do., do., 1868, 16 & 18; do., new, 1718; do., special tax, 14 15%; Missourl sixes, 93% a 04; do., Hannibal and St. Joseph, 91a 92; South Carolna sixes, 25 a 40; do., new, January ana July, 18 a 19; do.,do., April and Ogtober, 20 a 21, GOLD FEVERISH—117 A 117%. The geld market was feverish and unsettled under the varying influences ef the fall in fercign exchange and the subsequent report ef the loss of specie in the Bank of England. The market opened weak and declined to 117% asa consequence of the non-advancement of the Bank of England rate, but with the loss of bullion just referred to the price advanced to 117%. Here the demoralization of foreign exchange came in to cause @ second decline, which took the market down to117. Late in the day the ease in money encouraged the “bull” side of the market and the market advanced again to 117%. The principal Huctuations are shown in the table:— In the gold loan market the rates ranged from 1-16 aday for carrying to flat for borrowing. The Speculation Feverish. The Bank of England Rate of Discount Unchanged. EXIT BOSTON, HARTFORD AND ERIE, ‘ALL STRERT, } earns: sea 17—6 P. M. On 'Change to-day cotten was quiet and co. per lb, easier for spot, while futures were in mod- erate demand and steady. Flour continued weak. ‘Wheat was in some demand and steady, while corn ‘was active and a shade firmer. THE GOVERNMENT GOLD SALE. There were eleven proposals for the $1,500,000 f government gold offered for sale at the Sub- ‘Treasury to-day, the bids ranging from 116,41 to 217.511. The latter extreme was bid for half a mil- Mon in one lot. The awards were made at prices ranging from 117.511 down to 117.26. THE FOREIGN MARKET, Notwithstanding a further loss of £466,000 in the ‘Weekly bullion report of the Bank of England, the minimum rate of discount underwent no altera- tion at the hands of the directors. Consols have been steady all day, but the 67’s closed +4 lower ‘this evening, as if unfavorably affected by the loss of specie in THE BANK OF ENGLAND, although the new fives have been firm, and left off at 89% thisevening, ex coupon of 1% percent, Erie shares have been heavy and weak, irom sym- Pathy, doubtless, with the depression in this ma ket, and their quotation went off to 605, the closing rally here having occurred aiter the ad- journment of London business, The specie of the Bank of France shows a gain of 1,000,000 francs for the week, notwithstanding which rentes ip Paris were lower at 65!. 90c, MONEY UNSETTLED, The money market opened with little encourage- | ment to porrowers, the early rates on cali ranging trom 4 to 4; per cent, ali in addition to 7 per cent interest, inquiry for funds being ail the more active and earnest as one-haif the parties who had money out in loans deemed it prudent to have their money | in hand against a possible aggravation of the criti- | cal situation of the street, and hence called it the | first thing in the morning. It is easy vo under- | stand, thereiore, the early advance in the rate on call to as high as 3g per cent a day, and as easy to see why, in the last thirty minutes of banking hours, when the day had gone by without the pre- cipitation of THE GENERAL CRASH 80 widely appretended, the rate should fall toT a5 | per cent per annum, In the forenoon borrowers | were in the majority. In the afternoon the Jenders were the more numerous. Hence it was that bank accounts were made up so promptly—a | remarkable thing for s9 lively a day—aud thatlend- | ers were willing to take 7 per cent for their mor at as early an hour asa quarter to three o'clock. Tndeed, the busin. in leans was transacted al most entirely within the walls ef the Board, so | that the sidewalk market failed to present the | mushroom cluster of umbrellas tt would otherwise | have done on so rainy aday. The relaxatien was regarded furthermore as not altogether independ- | ent of normal influences, notwithstanding tue Scepticism of so many of the street as to THE INFLUX OF MONE from the interior, particnis through the agene cf the express companies, whose millions of cur- veney have most mysteriously vanished, as see the test. mony of the bask statement and the evidence he daily rates for money. That the moncy has been sent we have the assertions of the Western press and the preof iurnished in the rates of New | York Exchange at Chicago and Cincinnati, Of jur- | ther relief we have the hope based upon the disbursement of the Treasury gold to-day, which ‘Will take the place in the bauss of an equivalent of | national bauk currency, and the chance that Secre- tary Richardson will order the prepayment on Monday without rebate of the May interest en the public dept. Meantime the Grand Jury have closod their investigations with the preparation of a re- port recommending the abolition of the usury laws for the city and county of New York, which tiey have forwarded to Albany. | DECLINE IN FOREIGN EXCHANGE The non-alteration of the Bank of England rate and the early stringency in money occasioned a farther lowering of the nominal rates of foreign | exchange to the extent of \ per cent, the market of veing so demoralized at one time that sales of | Sterling Were reported as made at 106% for sixty day and 10735 for sight The relaxation in money later in the duy either came too late to Gause @ reaction or was not regarded as likely | to last over to-morrow. Be this it, may, the decline in foreizm exchange was material and suggestive, The following shows the re- vised rates:—Sterling, sixty days, commerce 106}, a 106%; do., good to prime bankers’, 107 @ 10744; do., short sight, 108 a 108);; Paris, sixty | days, 5.8644 @5.3144; do., short sight, 5.267 ab.26%4; | Prussian thalers, 70); a 71; Antwerp, 5.85 05.40; | Switzerland, 5.35 a 5. Lamburg, 933% a 942¢; Am- Sterdam, 304 a 3: Men, 98% a 94)¢. THE RALLROAD BONDS. ‘The railroad bonds were more active and the @arket irregular in its tone, the monetary pres- sure causing a moderate amount of realizations. Boston, Hartford and Erie firsts declined to 96, Cash, but rallied to 38, Tae following were the bias st the call, as amended by prices in subsequent dealings :— New York Cen (’e 69.0% Chic &N Wistm. 97g New. York Con i’. 70..102 Han & Et Joconv 8634 Erie Ist m, endorsed 9 = Del, Lack & yan m. Erie 1’ idm, 's 9% Dei, Lack & W 7's con.. 9734 rie Teen ™, '30. + 9544 Tol'& Wab Ist m, ex.... e ie 78, AN my 5s 8° Tol & Wah tam... mg 4 de botid OM Gt West stn, 1885, H € Chicago ex: «Vac, ND ssove Ripe Chic & Altincome. Obto & Miss cons f Bub aut ity Ist. us & Tron i ites MA& SCP let y + 99% Low ia” wa 2 iet Gel, Chic & Ing ( Tol, P&W, 1D. : 26 Tol ba W, Wi (eter ety Tol, B&W, Burl ‘div. gai ime. Ts hic AN W'con bus... 63 Dost 4 erie isi ta SOUTHERN SECURITIES DULL. ‘The Southern list was dull, and prices nominal and for the Tennessees and New South Carolinas tower, The changes were not impor- tance. The following were the closing quota- tions:—Tennessee, ex-coupon, 7844 a 79; do., Dew, 77 a 78; Virginia, ex-coupon, a 50; @o,, registered ptock, old, 36 @ 42; do., sixes, con- | allin motion aga | at 108 and Pacifle Mail at | the franchise of the Boston, Hartford and Erie Com- | pany as conv j Frankfort, 40% a 40%; Bre- | | operations of the Gold Exchange Bank were as follows :— Gold cleared.. 84,470,000 Gold balances 1,690, Currency balances, 2,187,623 ‘The Sub-Treasury paid out ‘$187,000 on account of interest and $5,500 on account of redeemed flve- twenties, GOVERNMENTS STRONG. The government list was weak in the foreneon in the general apprehension of further panic, and the ’67’s sold down to 117% cash. With the mone- tary relaxation alter twe e’clock and the firmer tenor of the gold market, prices rapidly recovered, the 67's advancing 1tully ene per cent frem the lowest point of the day. The following were the closing prices :— United States currency sixes, 113}, & 114; do. do., 1881, registered, 11534 a 116; do. de. do., coupon, 11844 @ 119; do. five-twenties, regis- tered, May and November, 111}4 a 112; do. do., 1862, coupon, do., 11634 a 11634 ; do. do., 1864, do. do., 11634 0116% 3 do. do., 1865, do. do., 118 @ 118343 do. do., 1867, registered, January and July, 1153, a 116; do. do., 1865, coupon, do., 1163; a 11634 ; do. do., 1367, do. do., 1183 @ 118%; do. de., 1968, do. do., 116 a 116%; do. ten-lorties, registered, 110 a 11034; do. do., coupon, 11114 a 11134; do. dives of 1881, regis- tered, 1124; a 11335) do, do. do., coupon, 1133 a ns. STOCKS EXCITED, CLOSING STRONG. The stock market was the scene ef a feverish and excited business throughout the day, with, in the peried up to two o'clock, frequent and quick alternations of hope and fear as to the eventuality of the crisis. Indced, the recurrent stringency in money so disheartened speculation in the fore- noon and the anmouncement of the fallure of J. L. Brownell & Brother in the afternoon so ex feeling of panic afresh that lower pric made for @ spell than were touched even in the worst of Wednesday's trouble. But the passage of the nour for deliveries without further failures and the arrivalef three o’clock and easy money gave new courage and lively faith to the “bulls.” ‘The relaxation in the money market was like the pouring of oil on troubled waters, or rather it acted like oil to set the machinery of speculation The last hour of the day wit- nessed, accordingly, & RAPID ADVANCS IN PRICES throughout the list, those that were the soonest to fall being apparently the promptest to rise, as, for instance, Union Pacific, which fell from. 8234 to 25 on Wednesday, but returned to 32 this evening, Other itiustrations of this sudden recuperation were New York Central at 10013, Western Union at | 82, Lake Shore at 913s, Wabash at 6744, Rock Island 56%. Panama recovered Telegrams from Boston an- from 103 to 106! nounce the format organization of the bondholders | 5 of the Boston, Hartford and Erie Railroad intoa poration called the New York and New England Ratiroad Company, and the assumption by them of ed in the deed of trust which went with the creation of the mortgage now foreclosed, We again refer the rea to our adjoining news columns for further details of the ev the day in the street, The stor teld by the suspended nrms graphically describes the situ JHEST AND LOWEST PRIC | The fo wing table shows the highest and lowest prices of tie principal 8 xe day:— | Lowest, 9855 + OTs (No transactions.) St. Paul pi Ohio and Mississ Pacific nd i. tern Union Pacific Mail. \ SALES AT THE NEW YORK §TOOK EXCHANGES, ursday, April 17—10:15 A.M. | + 13% $12000 US 5-20, ¢ Gt 5a do. uz, 80 do. A. M.—Refore Call. So ahs LS &M SRR. 80% . o BUM $0 0% bo £00 Ohio Mins Wi 800 do. Board—10:30 A. M. Sma Va Ba, © 53 $00 shs NY CA RR. 2000 Mo ei asides a 00 do. y 2000 Brook 6's, 1 page Ladle m. 5000 do. jo00 Hud R 2d, 8 f. WU do 1000 Cen Pac kt 50.0 Un Pac Ist BHI de 2000 U Pa he 1300) do a“ 500) Un Pac ie BW de hy 10) Bull & is new. ve (3000 TI & St, Iva, con. » & 2000 Tol & Wab'Ist 4000 Tol & Wa 24. bre 1000 Gt West Ist, 400 NJ Con Ist, 1y00 PL FLW & 1000 Bur. GW M1 20sh4 Maniattan Wk, Yoh 6 St Nicholas Bank,. 100 100 Quick M Co, 8 do... Panama Rk. Gv y vee Rae 10 New York ee 500 West. Cute be "9 ESE EES ane Seesese2 SESE? tt ae VeSTolezesseesecs 2NYC 10L 00 9 600 99: 0 we 500 ug 600 99) 100 98% To 9) 400, wy 1500 98: 300 99) 300 8 00 200 99 $1000 Missouri 6's, 1000 Long Dock bds... 1000 Un Vac Ist m.... 1000 On P 7s, 1g. 30000 do. 5000 We 2000 C, 1000 B, 5000 io 100. 1iv0 500 10, 4oy Pac ML do. do. 60 Amerioan ix. 369.4 XC HL At lois ri 20) ou ‘25000 25000 fucu) 10500 uo Ww 500 N ars of | j of their trouble | 9 100 200) 0 2w C, ” 47, 3 20) ao. 40, 0,0 & TRE, 409 sila bor RK... 20 Mites 10 100 Del, G ao. do do... do, RP. M.—Betore Cail. $00 sha Panama RR, y Cet ehiks. I Sie pi w 4W kn. 5 rs eee FSS) ttt toh betat ot ttt x E3 a 42:15 and 2:15 P.M, $15590 US aes rs aR RRR i | Good middling. 587 By 100 EM 100 Fe 107 290 567 Ww 100 56 208 ee o 1 100 ta 107! 100 6 WW 1100 5644 37 # é i ss e 300. pod 1 Fe 81% Es y 99: 87% 9 Pg OLOSING PRICES—4 0'OLOOK P, M. Western Union. 81% a 81% Unton Pacific. 815 a 81! tueksiiver-sns Sa 0” Pittehurts ss. = a : 107) 85: | o 42, ry 3 sf COMMERCIAL | REPORT. Cotton Kasicr—Receipts at the Ports, 14,313 Bales—Flour Weak—Wheat Steady—Corn Firmer—Oats Quict—Pork Firmer—Lard Firm=—Groceries Quict— Petroleum Nominal—Spirits Turpentine Dull—Rosin Steady—Whiskey Firm. THURSDAY, April 17—6 P, M. The general merchandise markets were quite generally dull to-day, and there was some little irregularity, as a natural consequence of the com- motion in the stock market and financial circles generally. There appeared to be more danger of a realization of the apprehended trouble in com- mercial circles besore alluded to in this column, and there are not a few who predict another finan- cial and commercial crisis, It is to be hoped, how- ever, that these vaticinations will prove to be groundless; and tho best way to effect this result, it would seem, is to prepare for every emergency so far as possible. The stringency of the money market tends to check mercantile transactions of every character, 80 that the merchandise movement con- tinues slow, while values are beginning to pe some- what unsettled and irregular. The export move- ment of produce, if we except provisions, petre- leum and a fow other commodities, continues very slow, while the imports continue to flow in alto- gether faster than itis pleasant to contemplate while the so-called ‘balance of trade” is so mani- festly against us. Cotton remains dull and irregu- tar, while flour and wheat are ata complete stand, so far as the exporttrade Isconcerned. Corn was steady, and prices are kept up with little apparent dificuliy; but the current price of corn ts, nevertheless, exceptionaly low. Oats were unchanged. Whiskey was quict, The movement in provisions continued fair, and the exports are considerable; prices meanwhile constantly tend in favor of tho seller. Pork was again higher. Lard was the turn dearer, especially for lots for forward delivery. Freights were quiet. Groceries were quiet, nt steady. Petroleum was, to a great extent, nominal, Naval stores were quiet ani prices nominal’ tor spirits, but about steady for rosin. ‘The market remained quict for all descrip- We 1 Corre tions, and prleos were, to a great extent, nominal o ) bags Kio, ex Liceltield, and 1,82 ex New Litt, at Baltimore, both on private terns. quote Bio, ordinary carjoos, 1 oj take car. 1 cc. @ 17c.: good 3, priute cargoes, 1840. 0 Le , sovernment bags, 2e. + Singapore, 1b! + dow, grass mats, 1944 ; Cevlon, 173 caibo, 1c. a 190, 1 C, cnet ity 17340. @ Savanlila,l7%4c. a. 18340; a {co gold. iner ibn OH W Mavs erclis TON. —S/pot cotton Was neglected and nomInal at the subjoined quotations, wikich show a.decline of tee, per ib. for all grades. Future deliveries ruled moderately active At about steady prices, We sum up thus: Trrday. Last Boening. Tota. Export. 758 > Consumy’ low m: stevening alt rth fig. 200 REIS jae, Cad acd 24 Nom 18 3 been x00 at Ls 1 May Gand totals” 19.000 closed nominally as foliows:—To Havre, Lig. a gees waif, Te, compressed, To Hambur, st Bc I. comprosged. To Bremen, by a7-ld.; sail 5 al ew York, bates.” This day last weok, Sate 'We quate “Upland Ordinary, =the quotations are based on cotton in store runnin quality not tore than hali'a grade above or below the | grade anoted | Four anv Grawx.—Receipts—Flour, 14108 bbls: wheat, | 29,720 bushels; corn, 9,50 4 | 70) bags; oats, 11,225’ bushels; ba; 4,00) do. the tlowr maraet fomaiued dull and prices tavored the buye sales, inclu i kinds, aggregate about #000 Ub rices within the range ot the appended ots Dormmeal was quiet, but steady. Avout 200: bbls, eid } of $3 20 a $3 25 lor Wes fn Yellow, § We aulote 400 4 $0 yeni al 1100 bbls. and Superiine $ Extra State. Choice State Superfine W Extra Western Extra Minnesota... Ta 95) Round hoop Qhio, shipping brands, 700 75) | Kound hoop Ohio, trade brands. 800a 909 | Fumily “4 . 900 a 1025 St. Lonis, iow. Twa 77 80a Bb 900 a 10 09 | 10 00 a 18 0 9.00 2 10 0) 3Ha 600 4254 55) Southern supe! 6Wa 65) Southern extra. 72 0 9 50 Southern nee 16 00 a 13 09 Sorament, Western: B19 a B45 3 aa 365 :3650 375 Auto b. | 360 a 8 65 | W 50F. ob. iinchianigeds ‘The cates | $3.67 for No.3 Spring, $163 for a tull load of ir $2 Corn was firm, but without decided change in prices. the demand was Bustelyat for expors, and the sales toot up fully 1 bushe Yor common to prime old mixed in for do fatlonty 65e. a 65'gc. for new Wes- torn, mixed, a held at 65340. at the close ; U6!gc. for Southern yellow oat; fue. for Western white fitoat x 75c. for Southern do. Onis wore quict and ady,” ‘The salon were only about 15,00 busheld in Tots, 52e. a Be. for new mixed Western} Ste. a BG. f White: dle. n Bisse. for new black Western, aftont: te. for new mixed State afloat; old mixed held at Sic. in store, with bids of Bic. Barley Sales 4000 bushels Wes: ‘ats daa t¢ nominal, Rye remained ¢ and entirely nominal. FRetanrs.—The market to-day has been quiet through- git, both for berth iFeights id tor vessels for charter. N chi © Was noticeable in rates. The en- Kagements were :—To Liverpool, by sail, 260 boxe by steam, 300 baics of hops at 3g fi) tons of oiteake at ase" to. Gibratiar. 40 ‘The ‘charters ei food, bla opr en brivars Pto arrive trom ehiiadelphin, rg, Antwe: Bremen, 5,300 bbls, refine trolevm, reported at 68. Sd.;_a_Norwegian bark (rele) hence to cena ‘TaN bbls refined petroleum at fe. 3d 1, dotamees the thqulty tor foretgn continued moderate, @ heard of ho tnportant transaction. Domestic sold, ir Ina Jobbing may to the extent of 8 Dbis. of New Urlenns Stock this date—2, hhds, Cuba; Hiztdo. of Porto: Rico, 13 ot English Islands, andd,00) Dols. of New Orleans, Gaps. contritugal and Nt Supe clayed.. Cuba, muscovado, reflain, we Cape of Good Hi American 8 to Hainbu: i Cuba, ba, muscovad, grocery...) Sa Kenglian Island... he Now Orleans met Bbc. Nav, Sromis.—ithis imarket for spirits turpentine con: tinued d dull. There was some disposition to ops Perate on th part of payer, but their bids were decidedly under th views of sellers. “In the absence of sales we quote ort. nally Sige. a 5c. Late last evening 100 bbls. sold at Se, do. Srmty held at'¥a 06426 tor Wilmington. Fitch’ quoted at rinty he 0'94.29 tor Wilmnt ty $5 taken 83 75, ne Periouavw.—The market for refined continued quict and unchanged; quoted 20%e., spot or balance of month, Crude in balk was very firmly held, but nomi- nal in the absence of sales; quoted at lc. a ec. Cases met with iene nae. overs aoeey ae Naphtha remaine: rain. A $2 aon ‘he 4 pet ower road, and per remained ‘aullt refined was ous sale 6,000 ad el ‘ket juiet, at te aa t ‘40 bi rg on ety. Tne Phivedel yin There was Bouts fs ring, and nominally at Is ter we heard bbia, CR Fyired tor Fane, on priv Bo — and a rumored sale o bis, of do, for, 4 Tap ba beet, 127 pack- |, 2427 bole nnd tigeoes, again drmer aud the de- celpte Porky i 2-5 Provi f; #; cut meats, 2, market OF wees pork | option, at a nominal cost. Sales 250 bbis., for @ market to-day fer raw w poeen ver} ret» tales aie nda at (goed fair fein Cu Ha bids. of mo Co teed | by Go in “hele Ale, circular of this date fate’ reper’ the stock, salon and receipts as folipw han Boxes, Bags. Metado. Btock (ascertained by netual count, including, specula- tion), April 1, I 960 27, 134,886 2,1 Receipts ange Apri ist...) BO Be 288 ais Totals + 55453 48,573 Tora Sales since visas) imo fe eeenar April, 1873, BIN 2005 imaon” Bo 345 60,083 102,561 2,885 49,137 180,419 6,234 4 99,606 362,615 | 4,168 Gi Herlorto common, 7¢.a73z0, : Rew good fair, 7360. a 7%¢. ne, Be. a Bi grocery, to y fe ey 90. ‘ce: aly hhds, Bic. oe Molasses, hhds. Bi boxe 3. se. 8 7340. selaito, Ae Havana—Box h standard, Nox.’7 to 9, 7 ; go. toto Be. a a dg. 18 tof h Si, adie: “io thts 4 do., Hée.; white, toc, = iis. gd ies ety to prime, 7c.'a 830.3 grocery, ying to cholee, Hike. a 9c. Brazil Dutch stand: ard. Java—Duteh standard, Nos. ta iho. a bie. oe ct ahem ‘and extra superior, pravatin was firm and in fair request. Sales 17,000 lbs, atiae, and ii ibs, free. on boar at Tigo. Pein, fh Marhdw wasnendy, with sales of 15000 pe the bo nay ah erately acdive aud hirmh. Sales, 90) bola atsss, "as MON DOMESTIO 10 MARKETS, A Cotton unsettled; Texas ontinur mttaer * Hi oi nary, shee. a 18}¢0. Net receipts, 1,538 bates, Sales, 250. New Orie Cotton steady, in fale demand; ordi eT ied 1 qelne a uy lls Britain, 2098" Bales, Sr hed Bo soe Stocks Savanna, April 17, 1873. p Rae Fecelpts 78 765 bales. 41,455, BILE, April 17, 1 Cotten quiet Og moderate ; ssamidalingn Laven Bec are _ Ona om a id 1 We ioe constwise, 190, Bale is ia Stock, 26,140. Loursvitte, April 17, 1973, satobecco, er” firm and active for desleabie — es Oswao, April 1 Flour steady and unchanged; sales 1,100 “atts re 1 for No. 1 Spr I 75 tor amber Winter, $10 50 for white Winter, $1) one ent. Wheat uiet; No, 2 Mil- Wakes Club hei at guiert sales ‘of car tots Stull tate lield at40c. Barley un- changed aales of 4000 bushels Canute, ni St10. Carn meal held at $1 80 for bolted, $125 for unbolted per ewt. Millfeed unehansed, at $21' for shorts; $22 tor shipsiuils $23 for middlings, per ton. Rallro: ad Pep one to Philadel Huis, ej to Boston, 72e.: to New York, due to albany, Torxno, April 17, 1973. Flour dull and unchanged. Wheat sicady ; ralesoi No. $ ye rapeeh, pextra yin Michigan, $1 95; N $l 8 eye igan, $1 seller June, $) No? ied Si7ha $1765; ‘No. a So ler $p Gi in good demand; sales’ of high ‘iixe sollor May, Uige.; gélier Inst ‘halt of May, sree heavy; middling Exports to Great Britain, 873. Net Exports, coastwise, 90," Sales, 700. Jun) seller August, 4%.; low mixed. grade, Bs: Oats, No. 2,a Shade’ higher, at 4 i an, 833g. Receipts—1,000 bois. Lour, 8,000 bushels wheat, Fiib doceorn and&.000 6, oa! nipiments—H4,009 busheis wheat, 2,000 do. corn and 8,00) do. oats. HAVANA EXCHANGE, Havana, April I trchance firmer; on United States, sixty days, in gold, 3f a 344s premium; short sight, 35 a 80), preuiidm; on Lendon, 43a 47 premiuin. EUROPEAN } MARKE Ts, April 17-5 P. M.— States bonds, new Lowpox Moxey Manxet,—Loxnoy Consols closed unchanged. Unite fives, 8%, Evie Kailway shares, £0 oaols opened at 9334 for sboney and the tivcount. tates five-twenty nds, 1355's, old, 913%, ex coupon 1867's, 945): ten-forties, ‘how aves, 9, ek coujon, aid Erié Raliway sharest Y aan Bovrse.—Pants, April 17—P. M.—Rentes closed at ited e 5t. We. Lavenegor Coron Marger.—Liverroot, April 17— 5P. M. Ket closed dull, pliddling uplands, 9344. Ork ne day have Dale ‘The sales ott 2,000 for specuiation and ex- Hay W bales wero Americun. Sales of Coitén, ship; vannah or Charleston, deliver- able ii April, at k-ldd. pool Bakansrurts MAnKer.—Livervoor, April 17— he market is qnict. Provistons Marget.—Liverroot, April 17— ner ew! for short fib middles, jor Gumberland cut. LIVERPOOL PRopUCK MARKET—LIVERPOOT, P, M.—Cloverseed, 40s. a 41s, 6d. por eve 4 } red. Common 1 Gd. 8% Od. pox owt Spirits tur pentine, 424, a |. per ewt. Loxpen Prec Mainxer.—Loxpos, April 17— JomMmon rosin, Ws. per ewt. Spirits turp 40s. Gu. por cwt. Tatiow, 4is. per ewt, toe t CO, No. 2) Wall street, New York. ry JAY COOKE Exchange on London, P ‘aris, Berlin, Frankfort, Bremen, Vienna, Cable Transfers, Circular Lew ommercial ¢ JAY COOKE, McOULLOOH & 6 ai rd st et, ont nna direct. et & ©, nd Ht Nassan stroat, Credits, avaliable Ih all parts of the ‘orld, through the Messrs. DE ROTHSCHILD and their correspondents Algo Commercial Credits and transfers of money on ‘aitfornia, Lurope | and Hay ‘ana, LARG TATE FUND OF $150,000 TO N ON | JA. first class Now York city Real Estate. als, with full deserip ic ‘OR, f property, address EX box oy Post file ee York. A HHOREY 10 Loan 0 D } 5 Brooklyn and New Jerse: NUEL S. “Woob, Sry ‘8 BOND AND MORTGAGR, Prin: Broad- y Yor pipals only apply to way, Foon 10. LL DEPOSITS MAD: in the Third Avenue Savings Bunk, cor rwenty-sixth stree: n April 4 hy Bebe sent from $1 to IK BR, President. ‘ Will draw interest tr 000. _Davin Morea, Secretary. —ATSTOCK AND GouD. PRIVILEGES Me A. Dealors in imported good: tected read Wail street conspiracies by se n gold {nronch this ofice was ever dishonored. “See quotations in New York Tribune, bry: ord, WILITAG WATD, 22 Broad street, Broker in Stocks, Bonds, Gold. &e. OF MONEY Ee LOAN ON BOND irst and Second, Mortgages cashed; EIDENRICH & CO., * Soo and 908 Third aventic, ae eIae & BRAID dann AND GOLD BROKERS, 11 “Broad sirect-—Stock and gold | privileges | & earns ‘Any ous ean speculate with small capital and tle risk, Explanatory circulars LARGE A and Morigs clty property only, ONBY TO uy ON CITY REAL ESTATE. uns, $4,000 to. $10,000, Apply to GEO. B. WAL i at Park row, 0 INVESTORS IN REAL ESTATE SECURITIES and trustces.—I have for sale $200,000 First Mort, Bee Real Estate Bonds, Interest and principal guaran and payable in New York by @ first class tras: aearraey: These bonds are offered at par and accrued interest, and Will ‘bear, the strictest investigation, Circulars’ and by, sec EIS As WARNES. 12 Wail street, New York, WAXTERTA LOAN, OF $3.50), ON, FIRST ee it} erty, valned yy letter to ROBERT BW Bunhy, 222 Concord street, Brooklyn. (4 5.000 fottenge OR $15,000 TO LOAN ON BOND AND mor’ ‘on improved city or country pro- pa RAR © WaeHiuie i Attorneys, 4) Broadway, room 1 No brokers need apply. Dil pideagr 2h A SOUTHERN YOUNG e years, to in- Dest of references. Southern se- curl annum given. Address Shea? sucUitntys gem’ 3, 000-* 12,000, $25.0. — 48,000 TO LOAN PLAIN’ on city Property, not, tenement; $12,000 to First or Second’ Mortgage ‘or Mortgages, ‘city’ only; $28,000 to buy Becona aera New York or Broakly’ CALLENDER, 106 Brondw: 15, 000 THREE TIMES THIS AMOUNT WANT- « ed, on bond and mortgage, ond first class tenet property, situated between Shon dyer ed Bowe i bfohere not dealt with, Address box 31 omtice, $95, OOO Fearennd te Dundes fat and REAL ond mortgages in New York ci Brooklyn. ortgage: ah Fe 00) reek AILS, 06 400.000 ind Broox\yn TO LOAN-IN sUMS T wit office. New York, Westoh rand Brooklyn for a term of years, required, ©. &. Montauk Insurance cos 103 way. eBags “COPARTNERSHIPS. Re int Sto POs JOTICE.—ALL CE slp 3 RELATIONS AND GON. nections betwee m the ham Gray werminated on the ‘wth day OL Shiite! CHENBY, } Yous, April 12, 187% Nei, ———-—----—-- | ON OR BEFORE APRIL 2 | ng No briviteye negotiated | | with mach greater fi | in atleast a fortnight. AFTER THE ‘STORM, ” .The Way Wall Eizoot Weathered tae Gale, Pa fier mon House of J. Le Brownell & Brother. A Closing Rise in Stocks and Dedkine ing Money. ° Growing Confidence Among the Brokers—The: Victims’ Story—Interview with Mr. Brown: ell—Why He Failed—His Customers’ and Not His Owa Speculations the Reason—What Nr. Barton Says About His House — Scones Around Wall Street and at the St:ck Exchange. The feeling yesterdsy in financial circles-wat greatly improved from what it had been the before. Not but that brokers and bankers eee, down to their business in the morning feeling very much out of sorts and doubtful that matters would resume their proper appearance, and that stocks would rebound from their sudden depressien, It was hardly questionable that the panic of the, day previous ha@ created a very insecure feelings, The market on the night before had closed FEVERISH AND EXCITED, ¢ and men had left thelr ofices and gone to the! homes in a state which poorer people could not: envy. It was net plcasant fer these gentlemen ta look upon the state of aifairs and feel that at any moment they mignt come to the same pass as tha: house ef their more unfortunate brethren the hay before—that 18 to say, utter ruin. ‘This was no doubt why the brokers came. dow to their daily labor yesterday morning in anything © but an easy frame of ‘mind, and once at work set- themselves busily to guard against disaster. After. the experience of ihe day previous none could tell at what moment a blow would come that might prostrate them. There was but one word in every<: body’s mouth and but one wish in everbody’s heart—money, ready money. Those who could realize realized, and sat by their money in their coffers, ready for the danger which might come. As to those who could not “raise” on the spur of the moment, their feelings must have been any thing but pleasant. WHEN THE STOCK EXCHANGE OPENED there was a rush to the arena, The excitement-o while not nearly of 60 intense a character as on the; day before, when, unexpectedly, the failure of Barton & Allen was announced, aud stocks tumbled down with a totally unforseen rush—was very great, The greatest nervousnes? was feltaa to how the mare ket would open. The more insecure of thé come! pany ran around from one group to another ques- tioning, guessing, hazarding opiniens and feeling: the individual pulses of that assemblage which goes tomake up the money centre of the Conti< nent. The usual oracies stood round giving their opinions, while the smailer fry listened, but evem the dispositions of these Gnanclal wiseacres wero, towards the sensationa) and were rather directed) towards unsettling matters than otherwise. But individual surmise went really for nothing, and it was enly when the call began to be made that the temper of the Stock Room could be gauged. It waa then found that the market was a great deal firmer than had been gener xpected and that itg tem~ per was towards the viso whieh afterwards took, place. THE MONEY MARKET. It was only, however, when the delivertes haf been safely made that the nervous ones were en. tirely satisfied, Noaecy began at % to 'y, but dee clined to 7per cent. In the Stock Exchange stocks took a decided upward tendency, and continued ta be vaken freely right along. The brokers begat leoking to matters at home, making their settle. ments and guarding against any untoward disax ter; for in spite of the firm tone of the market and the looking up of stecks generally it was not alv~ gether sure in the minds of operators that another panic might not happen. ‘he market had made such a surprising somersault the day befere that it waa thought safe to guard against the most ualooked jor accidents. Fortunately the day passed without any relapse into despondency and kept up bravely in spite of the fears which were expressed among some that the day was going to be a more dige astrous one than that which preceded it. Had the market broken there ts no telling the scene and the reguils which would have followed, Ne doubt the panicky feeling would have again taken posses« sion of operations : and have brougiit on a calamity ia comparison with whica the panic of the day before would have been child's play. WHY MONEY WAS EASIER, Both on the Stock Exchange and on the money market the prices were sustained, and as the price of money went dowa stocks went up. ‘his was due toa very simple fact. The panic ot the day before had brought about a shrinkage of values to the extent of about twenty-five millions of dol- lars, and very naturally the demand for money om the lower basis was very much less than on the higher basis, which was demanded when stocks w some per ceat highe ‘The bow af being less in demand was cheaper, and could be obtained ty than has been tue case his fact, added to the one that every day brings more and more meney into Wall street from the country, where farmers have needed it to make settiements, which are now over, are making {t plentiful, and no doubt from tus day forth there will be none of the wailing and gnashing of teeth which have been 80 char teristic of the market when moncy has been high. A well known Wali street operator said yesterday to the HERALD reporter have not been willing to say anything while ali this trouble has beea put now that it is over I must complain government which has its headquar- ters in Wasnington. During a time when the strin- mcy in money has been not simply @ terrible or- feat to Wall street, but mors or less to all mer- chants, the Secretary of the Treasury, who might have relieved everybody by simply putting forth his hand, has remained impassive to the cries which have been addres: to him, Following up this same insane policy by the withdrawal ot the three per cents, has been the cause that Snancial men have been through one of the most trying times [have known, Had there been any neces- sity for all this, or any argument to support it, 1 could at least bow to somebody else’s opinion; but tne government has not even thought it worth while to have an Tey There are $10,000,000 in greenbacks now lying Idie in the Sub Treasury here, which would have brought relief; but, no, they "were not employed. The very simple fact is that the country has not enough currency. 16 wants more money, There are plenty of values, but there is not & hand to hand equivalent to represent these values. It is at least time that the new Sec: retary Of the Treasury gave this matter his attention.” This opinion is not a single one, but seems to be shared by agreat many persons iu the street as Well as oUt of it. ANOTHER FAILURE. During the afternoon the well-known bankin: and brokerage louse of J. L. Brownell, 28 Brow street, failed. This failure cansed no sthall excites ment among the men on the street, though it waa nugatory in its influence upon the Stock Ex- hanes. The house has been one of the 1ost re- spectable and favorably known. Mr, J, L, Brownell has always been known a8 a man of means and was generally Lead d to possess an ample for+ tune outside of business as a banker and broker, He was a favorite among his brother members of the Stock Exchange, and no small was expressed at his misfertune. Mr, Brownell ney, understood to have invested a great deal of money In real estate of late, and probably the fact that he could not van det realize upon this was the cause of hi: SEALD orter called upon Mr. Brownell da uring the the afternoon to learn the canse of tho failure of his house, Mr. J. L. Brownell was not im at the time, ae his brother received the re- porter, telling him that some person had called’ during the afternoon, representing him- sell as &@ HERALD reporter, and that some informa- tion “had been given him, aae person was then pronounced to be an impestor. The reporter then waited for some time the arrival of Mr. J. Le Brownell. The ofice was quiet, and noone could have told that only afew hours pefere ruin had come in upon it, All things were in their piaces, and what appeared to be customers were walking about, discussing matters. These certainly had beem customers, but now they were creditors, and spoke in @ low tone about their own altered fortunes ey about the altered fortunes of the house. They 4! tly excited o' ‘g the ets @ busy dr driving Ht quills, full of business and apparent coal (La ed as ever. They even were iked as usual, From them the re; one neard that Mr. TOWNE bad always Dorn the very highest of ear: