The New York Herald Newspaper, April 24, 1873, Page 11

FINANCIAL AND COMMERCIAL. A More Active Demand for Money and Rates Higher. Up to 40 Per Cent and Down to 12 Per Cent. + —— THE STOCK SPECULATION UNSETTLED. A Duiler Movement, with a Rise at Noon and a Fall at the Close. ‘The Western Union Clique Said To Be in Treaty for @ Sterling Loan of Five Millions. FOREIGN EXCHANGE LOWER AND WEAK ‘The Gold Market Higher and Firm at the Advance. Government Bonds “Off’’—Dulness in the State Bonde—Firmness in Railroad Bonds— The Government Purchase ‘of Five-Twenties. WALL STREET, } Wepwespay, April 23—6 P. M. ‘On 'Change to-day cotton continued qulet and smteady for “spot,” but slightly easier for “future.” Flour was in fair demand and steady. Wheat was fm good demand and firmer, whiie corn was quiet, owing to the advanced views of sellers, COMPARISON OF THE EXPORTS. “The total exports of domestic merchandise from the port of New York to foreign ports for the ‘week ending April 22 and since the beginning of the year compare as follows:— 1871. 1872, 1873, For the week ... $3,810,849 $3,820,952 $6,947,560 Prev. reported... 68,348,981 60,980,552 74,820,206 Bince Jan. 1... $72,159,730 $64,801,504 $81,767,856 THE GOVERNMENT PURCHASE OF BONDS. ‘There were ten proposals to sell five-twenties to ‘the government, tendering a total of $1,424,650 at Prices “flat,” ranging from 114.05 to 115.80. The $500,000 was obtained at 114.95 a 114.38. The Sub Treasury will pay for the bonds with national ‘bank notes. The government will sell $1,500,000, gold, to-morrow (Thursday). THE FOREIGN MARKET. Owing to the break in the French cable much aificulty has been experienced in getting the quotations from the other siae, The London mar- iket remains steady, with moncy still easy enough “on call’? to render any early advance of the bank fate quite unlikely. Consols and United States bonds have been steady and dull. Erie shares ‘were heavy. The new French loan was quoted at a premium of 63{ per cent, and rentes in Paris con- tinued rising, the last quotation being 56.10, MONEY DEARER. ‘The money market was more active and at times stringent, the rate on call having ranged from 1-32 up to 332 and interest, the latter extreme being equivalent to a per annum rate of about 40 per cent. The opening rate was 1-64 and interest, ‘which hardened graaually to 1-16 and interest at the Board, the extreme of 3-32 and interest being reached on the sidewalk in the flutry at a quarter ‘to three o'clock. The market SUBSEQUENTLY RELAXED, and money at a quarter past three o’clock was offered at 1-32, or on easier terms than at the be- ginning of business; but it is onty fair to add that accounts had been made up pretty promptly by the regular hour, so that the last quoted fate is rather exceptional. it is dificult to account for the greater scarcity, the past few days particu- larly, as money continues to come in large amounts from the interier, unless we assume that the market is hide-beund, and that the least per- centage of advance in PRICES AT THE STOCK EXCHANGE more than absorbs all the infux. From Washing- ton we learn that the outstanding extra green- backs are now reduced to $1,900,000—a decrease gince yesterday of $112,000. The Winslow Usury dill, which does away with forieiture of principal dm case of loans at more than 7 per cent, has passed the State Senate and goes tothe Lower House. Transactions in commercial paper have been more or less interfered with by the recurrence of the activity in call loans, but the nominal quotations are ubout the same—viz., 9a 12 per ent for PRIME NAMES. Foreign exchange was weak and the leading drawers lowered their rates for sterling to 103%; for sixty days and 109% for sigtt bilis, a further concession of 4 per cent being allowed for round amounts. The depression to-day was due to the anticipated early negotiation of a sterling loan of between five and ten millions of dollars by a stock clique on pledge of Western Union shares, the re- ported lenders being one of the Canadian banks, It was reported at one time this afternoon that the Joan had been made, but the statement could not ‘Re verified up to the time of closing business, GOLD FIRM—117\ A 117%. The gold market was firmer and the price ad- ‘wanced from 117% to 117% for reasons which are ot readily susceptible of explanation, as the in- fluences affecting the premium ought to have been attended by areverse result. ‘The heavier run of the exports and the weaker temper ef the foreign exchanges ought to have exerted a depressing @ffect, not 'to speak of the greater embarrassment of the money rate. The course of the market is shown in the table :— GOLD FLUCTUATIONS, &C. 7 Tin Oat Pola ioay market the rates ranged from 7 ‘per cent for carrying to flat for borrowing. Thé @perations of the Gold Exchange Bank were as doliows :— ‘The Sub-Treasury paid out $32,000 on account of ‘Interest. The European steamers took out $606,- (1 in ailver. THE CITY BANK STOCKS. The following were the bids fer the city bank g@hares:—New York, 136; Manhattan, 151; Mer- chants’, 115; Mechanics’, 139; America, 160; Phenix, 100; Tradesmen’s, 153; Mechanics and Traders’, (x) 183; Gallatin National, 119; Merchants’ Exchange, 90; Leather Manufacturers’, 175; State of New York, 111; Commerce, 114; Mechanics’ Banking Association, 107; American Exchange, 107; Han- over, 106; Metropolitan, 133; Peoples’, 140; East River, 112; Market, 122; Nassau, 106%; Continen- tal, 75; New York County, 200; Importers and ‘Traders’, 180; Park, 147; Central National,97; First National, 210; Fourtn National, 111; Gold Exchange, 112; Bankers and Brekers’ Association, 80; German American, 100, THE RAILROAD BONDS. The railroad bonds were in bettter demand and the dealings were larger and well distributed. No special feature was developed, if we except asale of New York Central sixes of '83 at 95, Central Pacifics brought 103%. The following were the bids at the call as amended by prices in subsequent dealings :— New Yerk Con (ve 1689, 4 ar ‘i 9536 Ww, een % 2d my h 2din, rie "ecm. "SS, vab eau wap BY NEW YORK HERALD, THURSDAY, APRIL 24, 1873.—QUADRUPLE SHEET. Z = oe ESSSES i %9 Harlem hig Alb & bul jorris dibs Su Morris 93 Mich so. nate iss bh Sk Stow T ve Pitts, 06 Cley & Clev & 6 OPe Cley & 4 CP Oley & ts Lake io de 8 Take Ohlo & 8 Pac Bt lou 8 Wont MaNr ie ae Us MESt? lem Te MD 8 U Mar! in ism... 9 ii Co f a Gol, ! Belleville Alt a Ter Re as Alt & Ter i 4 Chic &N rb Chis AN W Sac a. pe w 7 stm. Chie &N Wegold' bids: gay BM SOUTHBRN SECURITIES STEADY. The Southern State Bonds were steady and quite dull. The Tennessees sold at 50, and the now South Carolinas (July issues) were lower at 18, although 26 was bid for the April issues. The Mis- souri sixes were strong. ‘Ihe 1ollwing were the closing quotations:—Tennessce, ex-coupon, 79% 28044; do., new, 7944 a 8044; Virginia, ex-coupon, 43 a 48; do., sixes, consolidated bonds, 533, a 54; do., sixes, deferred scrip, 133g a 14; Georgia sixes, 73 a 76; North Carolina, ex-coupon, 31; do., special tax, 1434 a 1544; Missouri! sixes, 93% a 94; do., Han- nibal and St. Joseph, 90 bid; Louisiana sixes, 48; do. Levee sixes, 50; Alabama fives, 65 a 60; do. eights, 80 a 85; South Carolina sixes, 25 a 40; do,, new, January and July, 18 a 19; do., do., April and October, 26 a 28; Arkansas sixes, funded, 39 a 42. GOVERNMENTS LOWER, The government list was lower under a disposi- tion to accept the profits of the sudden rise of Tuesday, and the market was, iurthermore, sensi- tive to the increased demand for money. At the same time the influence of the firmer market for gold was neutralized by the lower rates for foreign exchange. Hence'the market ‘lacked the support of purchases for the other side, The decline was not of important extent, however, and varied from. 36 to % per cent only, the old 65's and the new fives being about the strongest issue in the list. The government purchase had no eifect upon prices, as the amount taken was of moderate ex- tent (in the eyes of Wall street), while the offer- ings were neither too large to indicate a pressure to sell nor too little to indicate an unusual SCARCITY OF BONDS, although there is no doubt an offer of the govern- ment to buy two or three millions would not be at- tended with as comparatively large proposals to sell, The following were the closing prices :—United States currency sixes, 1144 a 1143;; do. sixes, 1881, registered, 1174; a 1173{; do. do. do., coupon, 1205 @ 120% ; do. five-twenties, registered, May and No- vember, 11434 a 115; do. do., 1862, coupon, do., 11844 @ 11834; do. do., 1864, do. do., 11835 @ 11834; do. do., 1865, do., do., 120 a 120%; do., 1867, registered, January and July, 117% a 11734; do. do., 1866, coupon, do., 11744 a 11734; do. do., 1867, do, do., 1193 a 119%; do. do., 1868, do. do., 1173; & 117% ; do. ten-forties, registered, 111% a 11244; do. do., coupon, 1135¢ & 113%; do. fives of 1881, regis- tered, 11444 a 115; do. do, do., coupon, 116 a 116%. STOCKS DULL AND UNSETTLED. The recurrence of dear rates for money has dis- couraged the speculation for a rise in prices at the Stock Exchange and has prevented the accession of such outside support as would have been fairly enlisted by this time had the rate on call remained at seven per cent, or even at aslight ‘commis. sion.” Those who have been through the recent stringency are unwilling to repeat the sudorific experience of carrying stocks at ‘‘shaves’’ of 1-16 a per cent a day, and new undertakings are de- ferred until the money question is more definitely settled. The market to-day opened quiet, but became weak at the call, only to recover quite sud- denly and become strong during the early part of the afternoon, prices advancing 3; a1 per cent. This BRIEF-LIVED BUOYANCY was soon dispelled by the stringency in money between two and three o'clock, a decline ensuing which wiped out the day’s improvement anda little more too. The chief weakness was in Erie, which went off from 65 to 63%, probably on account of a decrease in the earnings for the past week, the official return of which will be received in aday or two. Doubtless all railroads this side the Mississippi and those connecting with them have suffered a loss of trafic from the heavy snow storm which has prevailed in the region between the Ohio and the lakes. Otherwise the market left off only a fraction below the opening standard, Western Union Telegraph advanced from 85% to 86%, but relapsed to 851 again, the rise being due to the rumor already referred to concerning negotiations for a loan of five million dollars on pledge of the stock by the clique. In the miscel- laneous railways, Panama declined to 107} and New Jersey Southern to 365. STOCKS DURING THE DAY. The following table shows the highest and lowest prices of the principal stocks during the day :— Highest. Lowest. New York Central 101% Erie..... 63% Lake Shore. 2% Wabash... 60% Northwestern $2 Northwestern preferre 87 Roek Island. 21094 108% St. Paul. + Ole 60 St. Paul preferred. 73% 13 Ohio and Mississippi « 4455 44 Union Pacific. 33 82% C., C. and f. 38% 384 Western Union Telegraph. 8634 8515 ic Mall . + 5984 5B In Philadelphia, Reading and Pennsylvania shares were steady and unchanged. SALES AT THE NEW YORK STOOK EXOHANGE, Wednesday, April 23—10:15 A. M. $1000 US £-20,¢, °65, ne I $500 US 5-20, c, 68. ng 10000 U 8 5-30,'c, "67. 119) 40 do... we. 7K 1300 US o's, cur.. ng 10 A. M.—Before Call. aig 800 shsLS&MSRR... 925% 85'4 SOU x 851g 200 UnPacieh. °c a 85g 300 do. 32: 8514 100 au 325 ~ oe 300 32 Fe eSESs a PEt a 3! Ws 20 98 200 - 9% 10 % 10 By 5 Bg. boo a Iw 400) Ch 9 20 2000 M 8 100 6000 C, © 863, 100 1000" do. BOs, 400 4 20000, C& 723 20) p ' mM 4a Siu do, a io wy" 2000 Bur. +9 60g 6 5 sis Par M7 iyo wo, 25 Phew 10) ww ‘ eg 100 Con 57 200 airs 20 Del 133% 500 Mil & 73 30 13” 1007, We Ba 6, lu oo Fi Sos ty is 300 895, 300 o 70 8535 100 8 4600 sg 200 sis on 8 100 . 1100 854 300 & Ww 855, 2H * 0 55 100 do, Soja 400 Dol, Le dW iid; e 10 Se8snEs zo sa> Pe ig eos of: re Pg SeEeeeEE = eee 813500 US 6s, c, '81. ‘5000 US 5-20, F166 Gv) US 5-20, 2000 US 5-2, SRESErSVeg SEeeaepe $12000 Missouri 6's. 2000 Alabama 8's 8 20 ac RR ot al 8634 Loud Un Vac ist m 87 20006 &N Wecough 9455 d00y C, O & LG Istim.. 86! Sshs Del & HCanal., La” 300 100 Con G Md..be 583% be Soy ww c 85; 700 do. luv Brie KR... Om 200 do teen OM su UOsceeee reece OTe 2130 to 4 P. M, 12C0 shs West Un Tel.. 8634 1000shs LS &M SRR. Subp 400 do. 86 lw da os 924 86 GW 10 Teud di 100 & 100 luv B00 ‘500 0. . aut, W & W ick lw Bost, H & b RR, luv Ubio & MRR Avo do... 800 N J Southern 10 do... 100 Han & StJi 43. we, C&C RR, 38% wo” ao. 3h lw do 38K 6 Atlan & Pac'pi Wig OLOSING PRICES—4 0’OLOOK P, M, Western U Pittsburg....... 88% a 8935 Quicksilve! 40” Northwestern. 81 a 82 Panama. ..; i ‘Ain Sier Un 6 J TS a 75% U > bxpreas, Pacific Mail...) 58'¢ a 58% ® ¥ Central: Wiig t Wie rie. Wate a UAlg Lake shi Union Paciue. COMMERCIAL REFORT. Cotton Quiet; Receipts at the Ports, 4,391 Bales—Filour Steady—Wheat Ac- tive and Firmer—Corn Firmer-—Oats Steady—Pork and Lard Firm=—Gro- cerfes in Better Demand and Firm— Petrolcum Firm=Spirits Turpentine Quiet and Steady—fonsin Active and Firmer—Whiskey Unchanged. Wepnespay, April 23—6 P. M. The increasing movement in general trade circles, noticed yesterday, was even more con” spicuous to-day, and indications are accumulating that with a tolerable easy money market a large amount of business will yet be consummated be. fore the Spring trade can be regarded as over- Indeed, judging from the activity and buoyancy in some departments of trade, the belief would seem to be war. warranted that buying had but just begun and that a large business is sure to ensue, The com- parative ease in the money market has exerted a marked influence, and a feeling of relief and of renewed confidence in the stability of mercantile interests are among the happy incidents o: the present time, and itis hoped that the evils grow- ing out of a money crisis will work their own cure, and a return toa healty state of affairs ensue without the in- terposition of outside influences. Already the influence of the partial let-up in the money market 1s felt in almost every department of trade, as evidenced in the more active movement in produce, dry goods, hardware, 4c., &c., during the past two days. To day the markets were generally either steady or firmer, and the period of inertion and depres- sion seems to have ended. On ’Change flour was quiet. Wheat was in fair request for export on the spot and tu- ture delivery, and prices were higher. Corn was held firm, though there was less demand for it. Oats were strong. Whiskey was unchanged. Pork was less active and nominal, Lard was firm, but leas active. Cotton ‘was quiet, but steudy for spot, while future ruled slightly e r. Groceries attracted rather more attention, and the market exhibited a steadier tone. Petroleum’ met with rather more inquiry, and closed a sbade firmer. Spirits of turpentine wus quiet market tor in Wasacti nd ‘AprLxs.—The market has since our last report. Ari prime Winter apples sold readily Quote Selected choice Winter, New York, mixed lots, $2 25 a $2 50: fr $1 5) per Ubi. ; river mixed lots, $1 a $2. Burren.—The of the past week, prices were easier; at the close the market was barely steady, and the tendency leaning e buyer's favor. uote :-—New State, halt fir- to prime, 40¢ 4,376. @ S00. for 7) for Weish tubs, good to prime ; 3éc. fair to good; Western Lubs, fais to good, 30c. ‘a 35c., and i to prime, 3c. 380. ‘The best grades of new held ag ueRse.—Market dull and flat. Very little inquiry for export, and only 4 moderate local emai a. Somme wow that is coming in brings I4c. a Ise. f factory, fine to fancy, Ic. a 16¢. : good do., 14c. a 150. ; 1 higher price for jobbini Ide. a 1Sc. for prime Ohio 0. lic. for fair State tor tair to prime, and Wc. a Lic. ind unchanged, while th a tri! ‘arme thee = Corron on the ‘Was neglected and nominal atthe mmo Future deliveries ruled quict with- We sum up thus annexed quotations. out dee! cl Total .. 410 30 750 —For future delivery (basis iow middling) the sales have en as follows :—Sales last evening alter three o'clock :— April, 30) bales at 18 13-16c., 100 at 18 27-82c. ; May, 200 at 18 37-82c\, 1,100 at 18 13-l6e. ; Juine, 200 at 193¢0., 100 at 19 3-16¢., 500 at 195-320, 200 at 19 3-16c., 400 at 19sec. July, 100 at 19 11-82c., 300 at 196-160, ‘Total, '3,500 bales. Sales to-day up ‘to three P. st 18I¢C.; M. at 13 25-22¢., Inge. Gio af 6c! 100 at Ie. 100 at 19 3 16c., 500 at . e.j Getober, 100 at17 9-160, Total, 8 11,500 pales. Receipts at the ports were ston, 364; New Onesne + Mobile, + wilmington, 47; 10) Total, 4391. This ear, 3,811. 0 at 19. 100 at 19! rand tot steam, steam, %d., do. by steam, 2d. i i ing Gi Pity aL ag 2 —The quotations are based on cotton in store, running in quality not more @ grade above or below the rade quo! ee orran.— feppane, for Rio, as well as for other de- seri} ooge pmprovernent to; i, id the market 'e heard of sales bgt) 1 bags + 205 do. do, ex P, U. Warwick, and ‘atharine, alt ‘on privateterms. We as ‘ag stead, let iy. sie: nt ox . uote :—Rio, ordinary cargoes, I c.;, fair care a a Hert dor grows mate, I ear Costa Rica, Le. Tie 18¢,, Anam 173g0. a 1s anilla, 17i¢e. and 13i4c.; Curacos, i fat ante Gissihen heodipts-—Piate, hi bab tble:s wheats rol jour, 1.) 2: wheat 28,940 bushels; corn, 14,700 do; corn teal, 400 bags, om 20,225 bushels: barley, 7,500 do. ‘the four market rule 4 tages al ‘i i omand tor pot, cEport and iene les, comprisiny i, He 19,000 bbts., including 2760 bbls of Southierk ‘aed B bolx, of supertine rye, all at prices within the rango of the an: moxcd quotations. Corn meal was scarce in firmer: Salos 189 bbls, at $3.0) ior ‘brandy wine, $3 White Western and $3.20 8 8325 ard J ib 7 2 Ti5a 800 Sia 615 GT5a 725 T%3.a 90 .. 6a 72 . 70a 850 ae a “18S 8 a oe 1200 ga 950 0 . 40a 540 Southern No, 2. 42a 500 Southern superfine. 575a 630 Bor mn ext: 70a 950 9 50a ll 50 3isa 34 360a 365 8660 375 4001. 0. b. 3 60a 365 eat i'acti id ‘pri Fae higher pep inued tive an ce: rere ain er, pecuctany, Jon apeine fy ouey were baa an a tor interior and « 0, 3 Spring, $1 62 a $1 05 for No. 2 Chicago and Northwest, $1 68 tor small lotsNo. 2 Wilwaukee (choice was held at $1674 $1 70 in store and atloat), $1 90 a $2 tor red to amber Win- ‘er; also 3C,000 No. 2 Milwaukee for June delivery at $1 58, and recently, but not before re; id, 30,000 bushels amber Winter to arrive at about $19. Corn was firmer Dut less active, in consequence of the advanced views Of sellers. The sales took up only At 65340. for old mixed in store, 07430. a 68c. for new West- ern mixed afioat, prices; 74e. for Western white and 7éc. a 7/c., nominally, for Southern do. Oats con- finued firm and in good demand. ‘The sales toot up 50,000 bushels at Ste. a o3%gc. for new black Western afloat, 83. @ Sidgc. for do. mixed atioat, Stige. for do. white on the ‘ACK and Soe. a Stige. - do pilogt. Qld held at Sic. in store. Barley contthued quiet. A sale of fair Canada was made in store at $1 25. the amount we were unable to learn. Rye remained dull and nominal. Freicuts.—Berth treights were quiet, with rates not esacntially changed. Vessels tor charter were in tair de- mand, the call being in good part for those adapted to general cargo. Kates exhibited no material change, The engagements were :—To Liverpool, by steam, 6,00) bush- els grain at G3gd.; 200 bales cotton, 3gd. a 7-Ibd:, and by ‘sail, 150 bales cotton at 5-16d a 34d. Yo London, by steam, {0 tons of measurement goods at 8s. To Glasgow, by steam, 7,500 bushels grain at 63d. To Antwerp, 60) tiercos lard and 400 boxes bacon atsis. 6d. ; 500 bbls. rosin at 4s, 34. Giyhhds. tobacco at 47s. Od. The charters include : 8 Briilah Dark, 662 tons, hence to Antwerp. Kenteral CArEO, at current rates; an American brig, 30) tons, hence to Cadiz, light pipe staves, at $50; an American Fan tons, henge to the South Side Cuba and back, sugar, 52%c. ; an American bark, to arrive, hence to Cork for. rs to the United Kingdom or Continent, 8,000 bbls. of crude or refined petroleum, on private terms; a British brig, hence to Buenos Ayres, general cargo, ¥60 tons, hence to Barbados, jt Oe. per “i bark, 19) tons, heneé £5 Cette, cargo o' provisions, on pri- TASTE) Bie, BS Jot primage; an Ital trom serra gona to'New York, general cargo, on private terms. Motassxs.—There has been a fair inquiry today for both foreign aud domestic, and on grocery goods the mar- ket showed considerable firmness. We heard of sales of % hhds, Porto Kico, al Sic. a S7c., and 0 bhds. do.. on private terms. Also 100 pbis. of Néw Orieans, in jobbing ots, at from 70e. a 7be. We quote Cuba, centrifugal and mixed. Ide, wes, Cuba, clayed. a Cuba, muscovado, retinin, Sle. Cuba, inuscovado, groce: Be. Porto Rico. 35e. English Ii 26e. New Orlean: —a— 5c. Navat Storys.—Tne market for spirits turpentine was quiet, but about stendy, closing with Ste. asked and 33%sc+ Pid; 100 bbls. sold Inte Yesterday at aBisc. u Sic., and bbls, to-day, to arrive, atdse. ‘The market for rosin was ‘ade firmer ; strained quoted at $3 25 a $3 55, The sules comprise :—1,250 bbls. of strained, in lots, at $3 30; 850 bbls. do. at $8 25: 1,247 bbls. good strained, to arrive, at $3 35; 532 bbls. No, 3, at ; 250 bb ‘at $4; 600 bbls, do. at $425; 580 bbis. No. (at $4, Tar was quiet’but firm. We heard ot sales of 108 bbls. of Newbern Tope at $3.65, and 50 bbis. Washington at $3 734. ‘oraToxs.—The market showed no change for Irish Potatocs up to near the close of the week, when under more liberal receipts prices ruled easter and closed at the following prices, which are in bulk; if in shipping order S0c. per bbl. additional must be’ added. We quote :— Peachblows, $3 5 a $375 per bbl.; Early Rose, $3 33 80; Prince Alberts, $3 a $3 25; P a $2 50; lackson whites, $2 25 a $2 50; 0 a $2; Sweats, $3 a $425; Bermudas, $10 per bbl. Prrroteom.—Tho market for refined, as well as for other descriptions, continued dull, with prices ruling nominally steady. ' Refined quoted at 20c. c. tor bal- ance of month, or first half of May. Crude, in bulk, heid At 10c., with bids of 9c. refused, Cases were firmly held at2z7c.’ Naphtha remained dull and nominal at 1c. a 10'gc, for Western or city. At the Creek the market was $2.60 was asked at Olt City, with bids ot $2 55. Rouseville quoted at $2 40. The Philadelphia market was dull and nominal, Refined quoted at toh, for balance gtmonth, and 19%%c. for May. Later we heard of sales of 000 bbls. of refined in New York at 2c. tor prompt de- i 900 bbls: crude, for prompt delivery, at #¢c., and 500 bbls. do., sellers May, at 9c. ; also 2.000 bbls. of fined, for delivery ranning into Juge, at ogc. ‘There hi been a large movementin Naphtha during the past tew days, not previously reported. ‘The sales are said to ag gregate Lully 2,000 obls. at 103¢¢, for April and early May, and Le, for June. Puovistons.—Receipts—Pork, 305 bbls. ;_cut meats, 1,390 packages; lard, 822 bbls. and’ tierces and 6 kegs. The market for mess pork continued firm, but the demand less urgent; we heard of sales of 1,50) bbls, fay, Sot which brought $1945 and the remainder 90; quoted at $1976 a $20, cash; $19 75 tor June and for May. Bacon was in light demani Sales 450 boxes long clear at 9%4c., 625 do. do. 6) do, of Cumberland, off brand, at 810. Dressed’ hogs at Sc.’ for heavy and light city, Beet moderate demand rices’ ruled $4 for do. extra bbls; $12 a do.; $20 & $22 for do. prime mess tierces and $23 a $25 tor do. India mess, do. tierces, ’ Beet hams remained quiet and unchanged, quoted at $80 a $33. Cut meats were only In modera request, but firm. The transactions include :—1,000 smoked. shoulders at 9c., 200 pickied do. atse., 50 smoked do. at %.. 50 boxes dry salted do. at 7c, 20 pickled 1,000 smoked do. at 1330. a 14i¢e., 25 boxes Ibs. average, at 10%c., and 1,000 light tresh bel- lies, in'bulk, at 1c. “Lard—The' market for Western was active and very firm. Sales 300 terces at 9%4c., cash; 25) tierces, sellers April, at 9: 50) tierces, sellers June, 500 do. last evening it le. ; 2,500 tierces, tor steam ut 9igc. Atice.—There has been a tair amount of business trans- acted joer. in both domestic and foreign, with prices ruling steady. The sales include :—60 tierces of Carolina at 7% Bige. id 275 bi NFOON at Gee. a Tc. pocan. The, ably w sugar has been consider. y vay and the market ruled firm, We heard of sales of 49 hhds. Muscovado, at 7%c. ; 950 do, of tair refining, at 73g6. ; 450 do. of Porto Rico, at 134c. ; 48 do. do., at 8c. a 834¢., ahd 300 boxes of refining, at trom 7¢c: Sige. We quote :—-Ouba—Kefining, interior to common, jc. i Jair to good falr, THe. a 1746; ; good to prime,” Se. a a a 7c. ;do., 10 to 12, 8c. a Sige. ; Go., 13 15, S34c. fata to is, diye. aides Aol, 15" to 3, rary 103ge. 5 white, 0c. 'a Tle. Porto Kico—Reflning, common, to prime, ic. @ Sec.; grocery, fair to choice, 8c. a Ye. razii—Dutch standard, Nos. 8 to 12, 6%c. ase. Java— Dutch standard, Nos. 10 to 12, 8c. adic. Manila—su- perior and extra superior, 7c. a 7\c. ‘Armantns.—Continued quiet, but firm. Sales 16 ticrces, at 93¢0. : ‘Tavow.—Was steady, with sales of 25,500 Ibs., at 9c. WHIskR ‘eipts, 613 bbls ‘The market was steady under a tair demand,” Sales 375 bbls., at 9c. DOMESTIO MARKETS, Gatveston, April 23, 1873. Cotton quiet; good ordinary, Isc. a'i5igc. Net re- coipts, SA bates “Bales, 753 Stock, sansa «NOt Fe ikw ORLKANS, April 23, 1873, rdinary, 13¢.; good ordinary, dlings lings, Isic. Net ro- } yi xporis to Great ‘itain, Continent, Il Sales, 2,900; last evening! 31300. “Stock, 1607 a ‘omit, April 23, 1! nd easy; middlings: iste Net re. ross, 419. Exports to Britain, Sales, 500. Stock, 32,323, Net recet bts. 715 bale jet receipts, bales les, 490. Stock, 39,415. Se RuEsTON, April Cn. 1873 14. i Sus Opfinsty, The. ‘xports to Great Brital I. Stock 20,429. cen ceipts, 416 bal 3,461 ; Coastwise, Ba Cotton quiet; middlings, 183%¢. Exports coastwise, S61 "sales Cotton autet; middl Net receipts, 423 bales ok Coastwise, 312. Sales, 400, INGTON, April 2%, 187! ise. Roath phy 50 steady at $4 30 for hard, jor virgin. Tar quiet at Lovisvriie, April 23, 1 Tobacco very stiff for all grades Sales 2b Tahads. eh 23, 1873, Oswnao, April Flour unchanged ; sales 1,200 bbis_ at wn tor No. 1 Spring, $0 75 for amber Witter, $10 50 for white Winter, and $i1 for double extra. | Wileat steady sales 10,005 bushels fair white Canada at $2 and 8,00) do. prime Uo. 0844. Corn dull; sales car Barley quiet; uplake Canada held at $110. Corn meal— si Tor polled, eiSt 2 for junbolied per owt. Millfued unchan 4 shor i 4, ml In; per ton Railroad ffeighte— Four to Philadelphia, e.; A aN tN ACE Pa ti celpts by lake, bl 8 i et of lumber, iistad Bubraco, Aprit 23, 1873. Ww Spirits of turpentin for strained. Crude turpensl $5 & tor yellow dip, 84°05 2! Flour quiet; Western Sprit 0 a $8; amber, $3 50 a 90.25." white Winter, $8, om Bid, Wheat dus Wenern Spring, $1 50 a $1 53; Mil N ring, $1 52 a Piss Dalath No.1 Spri ' white ichigap. 1,300 bushels bushels, on track, at B8e. atdzc, Barley steady; Canada, & 950,; two-rowed State, 8c , 9c, Rye—sales nominal ai ley malt steady; Western. $1 a $ 10: prime Winter Western, $1 10 a $115: prime Michigan, $1 4a $1 25 The balance of the market is unchanged. Cnrcaeo, April 23, 1873. Flour in fais Gemand: and firm, nearly all sales on pri- 1 vate term: unsettled ana lower, closing and for cash nearly nominal at $1 22 $1 2334 n $1 26%; Juno, $1.26 9 $1 273, losing a quotations; No.8 Bpring, $1 18; rejected nominal, unsettled and lower, closing dull 3, No. 2 mixed, 37c. ot; 875¢e., May ec., June; rejected sol in. “good demand; "No. spots . Rye quiet and prohanseg fo. 2, Barley steady; No. (2 regu: nominal; : fresh’ sold, 786. and h Pork uigher sal gC. 5 400,000 Mo. 000 ibs. shoulders, last half of May, at rt clear middles, at ea Sige, loose, Bacon in good demand ai full prices.” Whig Bosc. & Se, Recelp' . flour, 9, wheat, 75,000do. corn, 47,000 do. oats, 7,000 ‘do. barley. Shipments—8,000 bbls. flour, 900) bushels wheat, 60,000 do. Corb, 35,000 do. oats, 7,000 do, barley. PRINT OLOTHS MARKET. Provipence, April 23, 1873. a To. for 64x64, best goods: tair Print cloths firm ; jus far tor the Week, over 100,000 active demand; saies pieces. — EUROPEAN MARKETS, Lonpon Mowsy Manker.—Lonpon, April 23-5 P.M— Comsols closed at 93% 19 MONEY BEd We ACCOM Amati « can securities—Onited Stat for 1367's; ten-lorties, ‘ais Bounsy.—!’, Liyauroon Corton Marker. fare oa, oa res mage ae pains ott for -specula 0 sipped, trom Ba ‘OF Uharleston, doliverable in atid. icmrooi, Breapsrurre Masxer.—Liveuroor, April 23— farket for bresdstuffs ts quiet. Callfor- te Tent. average, Us da Us 7a.""Corn, 275. 6d. : Y . soon Paermioes jAnket.—Liverroot, April 23— Pp. M.—Beot, ifs. per tance foe new moss, Lard, 42s, e five-twen' for i ‘ fy ; Erie, Sree ome -Middiing uplands, 9350 The, sales ot the day FINANCIAL, INT & CO. Bankers, 19 and tt Nassau street, issue Travellers’ ot the world, gh ad available in all parts Messrs. DE ROTHSCHILD and their correspondents. Also Commercial Credits and tr f aa California, Europe and Havana, TAner# of money LARGE AMOUNT OF MONEY TO LOAN-ON bond and perey ony: first and second mortgages no Bonus “Address TRUSTEE: box dist Post amneee Ney LADY GOING TO HOUSEKEEPING DESIRES TO A ier’ 20) on ample secur ith tis privilege, ing ‘al ard. As 6.0. 447 Fourth avenue, ‘A se A $5,000, $10,000, $15,000, $20,000 AND SEVERAL « other sums belonging to trust estate to loan on first Class city property, without bo PAUL P. TODD, 55 Liberty street, (A..7$2.00 FIRST PURCTIASE + due Apr! 4, on ten acres of MON’ MORTGAGE i, L land at Orange, N, J., valued at $15,000," Principals address COUNT, box 3,142 Post office. LIBERAL DIs- B. RoHANNAM, (0 BROAD STREET. BROKER IN + Stock Privilegds exclusively. Established 1863. | Re- fors to bankers, brokers and stock operators generally, OWES & MACY, BANKERS, 10 WALL STREET, NEW YORK, OFFER THE SAME FACILITIES TO DEPOSITORS AS INCORPORATED BANKS, AND ALLOW INTEREST ON DAILY BALANCES AT THE RATE OF FOUR PER CENT. ‘ASKINS & BRAINE, STOCK AND GOLD BROKERS, ll Broad street.—Stock and gold privileges a specialty. Uttle risk. Any one can speculate with small capital and Explanatory circulars mailed. E.—I WILL CONTRACT TO DELIVER jantity ot high grade Manganese Ore. Secu- nd required. » W. ROBINSON, 19 Broad street, New York. ‘OTICE. The coupons of the First Mor! ¢ Ponds, New York and Erie Railroad, falling due ‘ey 1, 1873, will be paid on and after that date at the offices of Messrs. Di can, Sher man & Co., 11 Nassau street. : W. P. SHEARMAN, Treasurer, 000 OR $6,000, FOR THREE OR FOUR mont beral bonus and security for ten times the amount. ‘Apply to M. HARRIS, 83 Seventh avenue, betore {1 o'élock. 2s WASZEDI85.00 ON SECOND MORTGAGE. AD W “dress MORTGAGE, 1,265 Broadway, New Yor! ANTED TO PURCHASE—FIRST MORTGAGE ON improved Property, 2 this city, for an amount efpals only. of $5,000 or $10,000; Pi! . 8. EARER, 434 Broome street. EXCHANGE PLACE, New Yor, April 22, 1873. Central Colorado Improvement Company Bonds, Couponsfrom the above bonds maturing May 1, 1 will be paid on and after that date upon presentation our office, DREXEL, MORGAN & © $1.5 () ) WANTED-ON REAL BSTATE AND drug st un- ANTED. chattel mortgage, or on partnership in good bonus. SAL 3. 500. —WANTED TO BUY, A _ VERY GOOD VU, Second “Mortgage, on New York cl 'roperty, running about 15 months, not to exceed $3,51 Apres, stating particulars and terms, J. R. W., Herald offic store cond avenue, 5 000-8. $10,000 AND OTHER SUMS FOR De). Durchiage of Mortgages of New Jersey and rooklyn Property. F. A. VAN DYKE, 47 Broadway. $2().000 WAXTED—ON CHOICE STOCK skoU- oZVU, Fity forsix months; 6) per cent margin; liberal allowance for expenses, Address GOOD BONDS: MAN, box 134 Hei ee. $45,000 fe. on real estate in this city, ¥, CONREY, 162 Broadway, room 9 JOHN $90, 006 TO LOAN ON NEW YORK CITY OU. and Brooklyn Real Estate; $3,000) on Harlem property in sums to suit. W. D. & F. BARTLES, 56 Wall street. LOAN—ON BOND AND MORT- without bonus, for a term of years, COPARTNERSHIPS., _ \HE COPARTNERSHIP HERETOFORE EXISTING under the firm name of Rob.nson & Callan has been dissolved by mutual consent on Sth inst, Henry Robingon being the remaining partner. © HENRY ROBINSO EDWARD CALLA: HIS IS TO INFORM THE PUBLIC THAT THE FIRM of Kanders, Cohen & Co. Is dissolved, and that I ain Row opening and will carry on business’ at No. 9 North Moore siree SAMUKL COHEN, Nuw Youx, April 21, 1873. REAL ESTATE MATTERS. Rapid Transit on Sixth Avenue Dis- counted. A fair attendance had assembled on 'Change yesterday at the hour designated for the sales to commence. Considering that the proffered prop- erty partook of amiscellaneous nature the entire transactions may be quoted as successful. In one instance, at least, is this assertion a verified fact. A five story brick house and lot, on the northwest corner of Sixth avenue and Twenty-cighth street, 24.8X77.6, was sold to Mr. H, Ottendorffer for $53,200, and a similar house, adjoining, on the avenue, equal size, to Mr. J, Erdman, brought $44,000, and this in the face of opposition by the “implacanles,” owning property on the Sixth avenue, who oppose the construction and running of the Gilbert Ele- vated Railroad on that thoroughfare. The pur- chasers of this propecty know what they are about, and believe, like Mr. R, A. Witthaus, who owns $500,000 worth of real estate on this avenue, that any public aha al) which tends to bring the public on to this street, is a benefit instead of a det- rument. Now that the route of this Rapid Transit is definitely fixed by law, these “protestants” should now endeayor to assist the enterprise with all their might, and not lay difiiculties in the way, as they would, in accordance with the action of their late public meeting. Routes of conveyances have built up all the avenues and uptown streets, but the surface roads are inadequate for the in- creasing population, and swilter modes of travel must now be resorted to to keep up with the spirit of the times. The great excitement to-day will be the sale of the celebrated Harsen estate, comprising 260 lots on the Grand Boulevard, Seventieth, Seventy-first and Seventy-second streets. We are informed that “pools” have been made estimating the prices to be obtained for this pecpete. e figures on some of the lots are bene very high. In our opinion the average price to be paid per single lot will be about $8,000, The following are the details of yesterday’s transaction at the Real Estate Exchange :— WM. KENNELLY. BY. 6s. bk. b. bh. and |. E. i7th st., « ft. e. of Av. B, lot 25x98.9; Francis Keelbac! eee eee BIS,025 YH. N, CAMP. 5s. bk. t. n, and 1, No. 510, 39th st. 8. 8.. 1759 w. of 98.9; M, Churchill, pita. ++ $14,500 RY MULLER, WILKINS AND CO. nd lot No. 240 BE. 5th st., 80 ft. w. of 2d 100.5; yt 202 J. Borgenstein. $12,400 nd Jots. #1. BUt ith 1x 100.8; W. H. Allen. 1, and lot n. w, cor. 6th ay. and W. 2th st., 8x77.6; H. O1 rite! 58, oe 1d}. adig. above, lot 24.8x7. bie and about 5 lota, Nos. No, 360 W. Lith st, known 9 he § Hee Ot Tron Foundry: J.J. Richards 750 erg and le, Nor 727 Ht wy, o,f. WN4ASX1SX5X65; George Beckett. 19,100 nd 2 lots, Nos. 436 and 487 lth st., 1. of Dry Dock st, 1. 41.8x75; 8. J. OUSTOM HOUSE APPAIRS, The long agony is over—the long-expected ap- pointment for Port Storekeeper and Deputy Col- lector of the Third Division, in the place of Mr. Thomas L. James, appointed Postmaster, has at last been made—and everybody (except the disap- pointed aspirants) 18 happy. Late yesterday afternoon Mr, Jobn R. Lydecker, Special and Deputy Collector of the Fifth Division, assumed the desk of Mr. James as Port Store- keeper—4, ¢., General Storekeeper of all the bonded warehouses in New York, Brooklyn, Jersey City and other places within the customs dis- trict of New York. As Special Deputy, Mr. Ly- decker will also supervise tne Third and Fifth divisions. Colonel Robert Des chief clerk under Mr. James, has been promoted to be Deput; Collector of this division, and Mr, William McMahon, Mr. Lydecker’s chief clers, was advanced to be Deputy Collector of the Fiith division, ‘These appomtments have been carried out strictly in accordance with the Civil Service code adopted by General Arthur. He promoted the chief clerks of the. divisions; who were presumed vo be fully conversant with the requirements of their expected duties, in the face of political pre sure and the legion of applicants for the vacanc Since the 1st instant Colonel Deo es hi conducted the affairs of the Third division, per- forming the duties of Mr. James, whose desk he assumed besides his own. There wili probably be some contention now for the two vi t chief clerkships, which @ollector Arthur will fill by com- petitive examinations, Otherwise the personnel of the Third and Fifth divisions will remain as before. Mr. Harvey Major continues as Assistant Superin- tendent of the Custom House and in charge of ‘he -houds {or United States bonded warguousce I THE NATIONAL BOARD OF FIRE UNDERWRITERS, th Annual Meeting—A Large Attendance of Delegates Present—Re- Port of the Treasurer—The President's Address—The Condition and Success of the National Board—Report of the Gem eral Agent—Appointment ot Committees for To-day. The National Board of Fire Underwriters held their Seventh Annual Meeting yesterday, in Under- writers’ Hall, 156 Broadway. Mr. H. A, Oakley, President, in the chair, and Mr. Samuel B, Blagden, of the North British, appointed as acting Secretary protem. A large number of delegates represent ing the companies of the various principal cities ot the Union was in attendance. A motion was-made and carried, that all representatives of fire insu- rance companies present be considered membera of the Board, and the courtesies of the floor ex- tended to them. TREASURER’S REPORT. The Treasurer, on request of the chair, then sab- mitted his report, which showed the following :— Receipts for the year, with balance on hand bxpenditures Balance on han THE PRESIDENT’S ADDRESS. The President then delivered an address, He con- gratuiated the Board on the success of the opera- tions for the past year and on the perfect accord that exists and the concert of action of the differ- ent companies, and thanked the various State aux- iliaries for their efforts. The Board is composed of thirty-one State local boards, each working in har- mony with the National Board, and each State also) divided into — subdivisions throughout the territory of each State. There are over eight hundred locai boards, with over seven thousand members, throughout the different sections of the country. The great dificulty has been to succeed in carrying the agents throughout the diferent Stateg—more so than all the dierent local boards and the public. The local boards and the public were willing to pay all increased sy demanded, but the great dil hoalty was to get the agents who ovr the change of increased rates—doubtiess through selfish motives, Although the rates ha been advanced to what is deemed a safe basis, y some equalization is yet to be xed. The advance Fates are essential to the solvency of any. company, and those who oppose these changes, which the last sixty years have demonstrated as indispensa- ble for the safety of the company, are ENEMIES OF ALL THE INSURANCE INTERESTS. Itis yet claimed by some that the rates should still be ‘increased in order to the permanent safety of the companies. The President also brought up the necessity of a more careful governmental su- pervision over the forms of the buildings being erected-—same or similar to those in force in the large cities of Europe. Among the proposed build ing regulations firé that all the buildings shall be made rool; not op ong. but all VT tA gt ym a Preauired Ti. safet Haat s * ve le juestion, President, in view i ee decttlot of the ‘Supreme Court of the United States to the effect that each State retains the exclusive control of the insurance interests of the country, similar to commercial business. The percentage of State taxation om ross receipts operates ppprecai ney: in some of the tates. The laws shoul e on the local premiums receipts, instead of gross receipts. The whole business of STATE TAXATION is restrictive and exceedingly objectionable te tha ublic interests. The State of Indiana, had tog ty its gisiature, has already proposed an equity bill of State taxation which itis hoped will become a law and become general. The geen of legislative Flach as to the terms of a policy was alluded and condemned. The National Board is the r medium througn which uniformity of pol could be brought out, not through State legislation. ‘THE QUESTION OF DIVIDENDS. Companies sustaining no Boston or Chicago losses made their usual dividend, while the dividends of others were materially reduced. The premium re- ceipts have materially increased during 1872 over 1871, doubtless owing to the increase of the pre- mium rates. The dividends are tar inferior to the value of the capital invested, as the history ef the last forty years demonstrates, Tne causes of the recent fires were also ireely considered and ex- plained. The question of CLASSIFICATION OF RISKS ‘was considered. Fire insurance, says the Presi- dent, is founded upon as well-ascertained, invaria- ble average laws as life insurance, great fires being similar to epidemics. It will take years to restore the financtal condition of companies to that of 1871. Among the admirable modes is that of the Saperin- tendent of Insurance requiring com les re- tam surplus premium receipts, instead of dividing tuem in dividends, The speaker, referring to the Boston fire, remarked that if Boston is to be re- built ina safe manner there must be an amend- ment of her laws with regard to buildings, and we pro) should enact wise and salutary laws to prevent, if possible, a similar calamity. The speaker referred to unjust and unfair taxa- tion, and urged decided and united actionson the part of companies to preveut the pass: of lawa ay osing such taxes, and securing equitable legis- ation. TRE AMOUNT OF PREMIUMS received in 1872 was $55,154,653, st $44,801,836 in 1871. The estimated loss by the Boston fire is $70,000,000, and the amount of insurance about $56,000,000. Thete will be paid in full by the in- surance companies nearly thirty-seven million dollars. The gentleman spoke in commendatory terms of the amendments to the general tnsur- ance law introduced in the Legislature by the Superintendent of the New Yerk Departmen’ which suggests @ plan by which, in view of tl great fires at Chicago and Boston, the insured may be made more safe and the companies stronger. He concluded by reterrmg to the great power of the National Board of Fire Underwriters, and urging that it be used judiciously and to lay the foundations ol their prosperity. grandl, and deeply. “Let them be jounded on principle and justice,” said, “and we shall have no reason to regret t! time spent or expense incurred in making the National Board oi Fire Underwriters an institation which its members may justly take pride in as the true conservator of sound principles and practice in fire underwriting,” The several objects referred to in the address were, On motion, referred to appropriate com- mittees. The Executive Committee was not prepared with & regular report, in consequence of the illness of Mr. Garrigue, chairman, The report of the General Agent, Mr. Thomas H. Montgomery, was then read. It consisted of a fall eof the work of committees appointed at various previous meet and the encouraging condition of agencies in the several States of the Union, where prompt action had been taken on the suggestions of the Board. The following ted to send. in thelr reports to- were then appointed to sen day eupmeaatttee on Building Laws, Messrs. W. G. Crowell, Philadelphia; Walter Paine, Albert Bow- ker, George Hope and G. Van Allen. Committee on Nominations of Officers—Messrs. Barker, Web- ster, Hodges, Freeman, St. John, Lockwood and Hallam. Committee on State -d—Messrs. Platt, Clarke, Parker, Kellog and Wuelta, Com- mittee on Local Roads—Messrs, Heald, Browne, Townsend, Ludenbirk and Aillegel. Committee on Causes of Fires—Messra. Renkin, Little, Blagden and Skeeles. The Board adjourned to meet this morning at hall-past ten o’clock. BANKERS’ RESPONSIBILITIES. Something About the $150,000 Robbery in September, 1869—Suit of Mr. E. W. Stuart to Recover §15,000—Are Banks Responsible for Securities Left with Them for Safe Keeping * Bripoerport, Conn., April 23, 1873, The important case of E. W. Stuart vs. The National Bank of Norwalk to recover the sum ot $15,000 in United States securities, lost by the robbery of the bank, in 1869, came up before the Superior Court, Judge Granger presiding, at Briage- port, on Tuesday afternoon. Large numbers of bank officiais and capitalists were present, this being the first action om the part of de- positors, who lost Im the aggregate $150,000 by the burglary, and who have never re- ceived satisfaction of any sort from the bank. Counsel for the bank were H. B. Harrison, of New Haven; W. K. Seeley, of Bridgeport; W. Randel Smith, ef Norwalk. Counsel for Mr. Stuart, Mr. 8. B. Beardsley and Judge Ami Gid- dings, of Bridgeport, and Mr. Asa B, Woodward, of Norwalk. Ajury and alarge number of witnesses were on hand to proceed when, at tie opgning of the Court, Mr. Harrison, for the bank, entered #® demurrer to the further proceed with the case before a jury, and ex if as willing $s go forward with tne evidence before the Judge, on Thursday. th. This action isa ‘practical acknowle ent ol weakness on the part of the bank, and all that now remains to be done is a settlement of the question of dam- ii tances of this robbery are yet fresh in aly readers of the HERALD. Mr. Stuart was a de; itor and kept a re account with the bane His oss consisted of United States five- twenty bonds, a part of which were left in tho bank for safe keeping. The before the robbery he had called on the ler for the bonds, but was unable te obtain them, as the to the bond box had been misiaid. Mr. Stuart had uso for the bonds in money transactions in New iva and felt somewhat Es piesa? at the statement the cashier as te loss of the key. That night the bank safe was blown open with gunpowder and $150,000 in bonds and other secur! tes akon ‘The decision in the amount of d Stuart to be arrived at this week settles the claims of ail the other devositors. The case is eX~ Ging BTEAl LUtgresh