The New York Herald Newspaper, April 27, 1873, Page 9

AND COMMERCIAL. Getting Back to Old Financial Rates for Money. The Extremes on Call Yesterday | 10 and 6 Per Cent. Stocks Dull and Qutet and Lower “" at the Close. A Good Statement from the Banks, the Atlantic National Excepted. GAIN OF A MILLION LEGAL TENDERS, The Gold Market Steady and Speculation Quiet. Firmness in Government Bonds--Foreign Exchange Heavy—Advance in Union Pacific Land Grants—The Cotton and Specie Mov&ment and Imports for the Week. WALL age } SaTuRpay, April 26—6 P. M. On ’Change to-day cotton continued quiet and steady for “spot,” while “futures” were in better demand and a shade firmer, Flour was quiet and Steady. Wheat was also quiet, but firm. Corn ‘was in fair demand, and again firmer, * THE IMPORTS OF THE WEEK. ‘he total imports of foreign merchandise at the port of New York during the past week were of the specie valne of $10,340,703, made up of $2,088,748 of ary goods and $8,252,015 of general merchandise. THE COTTON MOVEMENT. The total receipts of cotton at all the ports for the past week were 46,373 bales, against 55,830 bales the previous week, making the total receipts since September 1, 1872, 3,209,898 bales, against 2,664,652 bales last year—an increase in the present erop of 645,246 bales. The exports from all the ports during the week were 60,872 bales, against 28,971 bales for the same period last year. The total exports for the expired portion of the cotton year are 2,105,900 bales, against 1,746,825 bales last year. The stock at all the ports 1s 439,664 bales, against 279,184 bales in 1872. THE FOREIGN MARKET, The London quotations opened 4 higher for consols, but the improvement was subsequently lost. ‘The sixty-sevens remained steady, but the ten-forties declined +4 and the new fives }4 per cent during the course of the day, Erie shares were a fraction better and quiet. MONEY EASY. ‘The money market was easier and steady. The rate on call ranged from 1-64 and interest to Mon- day (equivalent to about 10 per cent per annum) to Sper cent, the quotation closing 6 a 7 per cent guite a while before three o’clock. Commercial paper was quoted 9 a 12 per cent discount for prime names. Foreign exchange was nominally un- changed, at 1095; for prime bankers’ sixty-day Bterlipg and 108%; for sight bills; but the market was heavy in tone and «ull. ‘ THE BANK STATEMENT. The weekly statement of the ussociated banks is favorable, and shows a gain of nearly three- quarters of a million in their net reserve, which is now only about $300,000 less than the 25 per cent required by law. In fact, the national banks in the Clearing House really hold about $300,000 surplus above the legal reserve, the deficiency of $600,000 being with the State banks in the organization. The statement, for some recondite reason, continues to conceal the arrivals of currency at this centre, the receipts for the week, according to the reports of the express companies, having been $8,500,000, while the increase in deposits is about $1,000,000, The statement of the banks is, as we know, @n average of their conditign for the week; | but it is bard to understand why so large an influx of money has made so little an im- pression upon the deposits. It is consoling to know, however, that “next week” the statement will tell the truth more approximately. The state- ment compares with its predecessor of the pre- vious week as follows:— Aprit 19. $270,195,600 116,400 Deposits.....- 188,220,600 Legal tenders. 36,619,800 37,690,600 —The changes being in detail as follows :— Decrease in loan: Decrease in specie. Increase in circulation, Increase in deposits. Increase in legal ten: An analysis of these figures shows that the banks now hold within $309,275 of the legal reserve—an increase for the week of $674,675. THE CITY BANK STOCKS. The following were the bids fer the city bank shares:—New York, 136; Manhattan, 151; Mer- chants’, 1154; ; Mechanics’, 139; America, 160; City, 255; Phenix, 100; ‘radesmen’s, 154; Gallatin National, 11944; Commerce, 113; Ocean, 43 Mercantile, 132; American Exchange, 107s; Bank of North America, 95; Hanover, 107; Metropolitan, 133; East River, 110; Market, 122; Nassau, 107; Corn Exchange, 127; Continental, St. Nicholas, 100%; New York County, 200; Importers and Traders’, 180; Park, 147; Manufacturers and Mer- chants’, 100; New York National Exchange, 9; First National, 218; Fourth National, 110; Ninth | National, 101; Gold Exchange, 113; Bankers and Brokers’ Association, 80; German American, 100, THE RAILROAD BONDS. he railroad bonds were firm, with fair activity. ‘The Union Pacitic land grant advanced to 75. following were the bids at the call,as amended by prices in subsequent dealings ;— w York Cen Ur .JeS.% Del, Lack & W Tiscon.. 98 New York cen (e,1th7. 94g Tol & Wub letm, ox... 95M New York ven Urre.. 9" Told W ietn, StLdiv. Wy | © Toi & Wah : 2988 Tol & Wab eq Gt West zd mi, 1893. uiney & Lol ist, "9. 1 & So towa ist m Galena & Chicago ©: Clev & Pitts dd m. Clev & Pitts Sd. Slew & Pittsdth mi. Chie & Altens t, Chic & Ait Veim, & Miss 1io & Miss con Ohio & Miss zd 8t Louis & Tron M1 Mil & Stl Istind's iD. Mil & St Paul 7's, ¢, RD t8\ Mest ist, 6a M Col, Chic & Inu lat. . Chie & ind ed Onion Pacific Ist Union Facific sg 7 inion ! weiti¢ inc 1018 8. 96 nots «en per ct 78 ieville & 8 st, H& Erie ti 1 Falls & Min Ist m. 87% Bur, CK & M's, Iota. 9 Ws GOVERNMENTS FIRM. The government list was firm and full prices pre- vailed for the entire list, the new fives being even | 4 The following were the closing | ! s fraction higher. quotations :—United States currency sixes, 114% a | (15; do. sixes, 1881, registered, 117}; a 117%; do. flo, do., coupon, 120% @ 121; do, five-twenties, regis- tered, May and November, 114% a 115; do. do., 1862, coupon, do., 118% a 118%; do. do., 1964, do. Wo., 118% 011854 ; do. do., 1865, do. do., 12014 a 120% ; fo,, 1867, registered, January and July, 117% a (17%; do, do., 1865, coupon, do., 117% @ 117%; do. fo., 1867, do. do., 119% a 119%; do. do., 1868, do. The | 20 fo,, 117% @ 118; do, ten-forties. registered, 111); NEW YORK HERALD, SUNDAY, APRIL 27, 1873—QUINTUPLE SHEET, - 113%; a0, a0., coupon, 113%4,8 114; ao, fves of 1881, registered, 11434 oid; do. do. do., coupon, 1164 a MOM GouD STEADY—1M% A 17%. ‘The gold market was steady, the speculation for & rise being checked by the expected announce- ment on Monday of the prepayment on that day of the May interest on the public debt, and opera- tions fora decline being restrained by the heavy run of the week’s imports, the amount being more than was expected after the initial returns of the dry goods imports. The course of the market is shown in the table :— from 7 per cent for carrying to 4 per cent for borrowing. The operations of the Gold Exchange Bank were as follows :— Gold cleared... Gold balances. Currency balances. . The Sub-Treasury paid out $57,000 on account of interest and $2,800 on account of redeemed five- twenties. THE SPECIE MOVEMENT. The European steamers took out $153,404 in sil- ver. The total exports of specie during the week and since the beginning of the year, as compared with previous years, have been as follows:— Total for the week + _ $773,018 Previously reported. 16,348,423 Total since January 1, 1873. $17,121,441 Same time 18° 9,187,33 Same time 1871 334, 186, Same time 1870. 8,117,860 Same time 1869 10,914,455 Same time 1868 20,699,561 STOCKS DULL AND LOWER. The stock market was duil and steady through- out the forenoon, and was inclined to strength and improvement in consequence of the favorable na- ture of the bank return; but grew weak allof a sudden, and declined quite mysteriously 44 a1 per cent, the movement being alterwards discovered to have resulted trom sales by parties who had ob- tained an early knowledge of the heavy defaication in the Atlantic National Bank, the trouble in which institution did not become public until near the close of banking hours, It was at first erroneously stated that the BANK HAD SUSPENDED, but the doors remained open to three o'clock, up to which hour every demand was paid, notwith- standing a heavy run from such depositors as heard of the trouble. Notwithstanding the ugly look of the defalcation and the present hopeless character of the bank’s situation it has not failed, in the strict meaning of the word, and should the stockholders make good the deficit beiore Monday, at ten o’clock, everything would go on as usual. The reader will find a full account of the affair in another column, the report embracing the resuit of an interview with the cashier and of the in- vestigation he invited from the Clearing House. P. $.—7 o’clock.—Sinee the above was written it has transpired that the assets of the bank are hopelessly insufficient to meet abilities. Upon the reportof the Clearing House Committee the Comptroller of the Currency has appointed a re- ceiver. HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest prices of the principal stocks during the day :— Lowest. New York Central. Erie...... Lake Shore. Wabash. Northwestern..... Northwestern preferred Rock Island. 815% transactions.) 108 55 St. Paul. 593 St. Paul . 733g Ohio and Mississippi ... 445 Union Pacitic 8244 c., C. and I, ©. . 89%4 Western Union Telegraph . S476 Pacific Mail.......... e000 . 69% 5855 In Philadelphia Reading was st Pennsylvania advanced to 114. SALES AT THE NEW YORK STOOK EXCHANGE, Saturday, April 26—10:15 A. M. $1000 US 5-20, r,'65,n.. 11 8, 10-40, 6 .. 113% BWW dO voce cece eee ED 88 113% eady at 116 and 10000 % 10 A. M.—Betore Call. 800 shs West Un Tel 300 shs NY C HERR, 101 300 do. 200 do 101 My < 36 100 di 500 Chic & KIRK 200 Gls 100 N J South RR: 100) do... 700 Mil & st PRR. 2 a 7 100 70 200 100 do 300 do 83 300 Mil & St Paul pi... 1000 Ohio & Miss Rats 1 do. Board—10:30 A. M. $200 N COs, new 1000 shs Pac MSS Co.. 5984 UW Missouri b's. 20 uty 000 Brie Lst im 100 9) evs Eerie 4th 30) 20Uy Long Weck ds... 9744 100 Toy Hind Reed, st...) Wag 200 1) aly & Sus2d im... 97" 200 iW Cen Pac Red dg 200 suuU Un Pac 1 87 lou. 1000 L 1610 2000 . 50 5K do. 73% 100 4000 T & W Ist, StL div 100 1000 Tol & Wab2d. 9: 50 Wells-Fargo Ex. . 15 Am MU x € do. CWC, i 1000 T) P & W, Ist, 1000 Ohio &M con's t.c 1000 Ohio & Miss 2d 400 C & RT & Pac Low) i 10000 NJ Cen Ist, new. 85 shs Fourth Nat B'k 1 i 0 600 do. a 100 Mil @ st P pi be 100 Del, L & West. 10 "dow... ccb do. i 10) Pac RK of Mo. 100 Mor & Essex RI «ER putin’n i lw) N' W2 7. FtW & Ota. SW Ohio &M RK.be.c 4445 0) . Me pl..be WOE, TORK. be B36 12:15 P.M. $500 US 5-20, ©, 676s. 198% BO Urs 5-20, ¢, "6B. cs. TI P. M.—Before Call, 100 shs Ls & MS Pac MS do... 100shs F 3 Co 300 eae 200 G0, -5>» WNYCKHR " 1 b8 RR. too do. : $4000 Un Pac 7's, 1 IW) shs Pac M 20 400 100 do. 20 400 Harlem RR, B00 WO... WLS & MS RR... wo BO... wy a 116 6, C,€ cu) West U 15 PeWeu gud ! 5 P vac gtd 400 Ny) South Hie Miss do WK, Jo. do. 400 100 Erie 80) 500 22860 100 shs West Un Tet, a0 Hy Two 4 100) IW NJ 600 oe al 8535 cea RR.. ie sigeetecesacce ESESEES=ES CLOSING PRICES—3 O'CLOOK P. M. Western Union. 847% a BS. Pacific Mail. B5iq a 5835 » Y Centr Witg a 101? Erle. 654 a 65) Hark 23a 124 Lake Sho P92 9285 Union Pacine.. 3244 a 32% Pittsburg... 5 a 89 Northwesiern.. SU a 81% HAVANA MARKETS, Havana, April 25, 1873. Sugar weak: No. 12 Dutch standard, 9a 94 reals per arrobe. Spanish gold, 17 per cent premium, Exchange weak.’ On United States, irregular; sixty days sight, in currency, 634 a7 per cent premium: short sight, 1134 a 12 per cent premium; sixty days, In gold, 25 per cent remium; short sight, 2934 a 30 per cent premium. n London, 39 a 3935 per cent premium. On Paris, 22 a 223g per cent premiuin, EUROPEAN MARKETS, Lonvox Money Manxet.—Loxpox, April 26—2 P. M.— Consols closed at 8% for money and’ the account; United States ten-torty bonds, 894); Erie Railway shares, 507, rt At the opening United States flve-twenty bonds, 1860 98 Oe 9354; new fives, 897, and Erie Railwa; shares, ae FRaNkront Bourse.—Fraykrorr, April 26.—United States five-twenty bonds, 95%) tor the issue of 1862, Liverroon Corton Makket.—Liverroot, April 26—2 P. M.—The market closed dull,” ‘The sales of the have been 10,00) bales. including 2,000 for speculation and ex- port. Of the sales 6,00) were American. Sales of cotten shipped from Savanuulior Charleston, March. and April atSsd.; trom Ni March aud April, at 9d. verable in April, at 9 3+16d., a1 d. Middling upiands, from ‘ew Orleans, del able in May, at 94 idling Orleans, 939d. RPOOL RKEADSTUFFS MARKET, —LIVERPOOL, April 26— market is quict. LiveRroon Paovisions Makket.—Liverroon, April 25—2 P. M.—Lard, 41s, per ewt. Cheese, 684, 6d, per wt. for the Bacon, 40s. per ewt. tor best grddes of American fine. short rib middles. Samana FINANCHA ELMONT & CO,, Bankers, 19 and 31 Nassau stree issue Travellers’ Credits, available in all world, through the Messrs. D bs parts. of the ROTHSCHILD and their corres! Also Comm c dents, tal Credits and transfers of money on ava LARGE AMOUNT OF MONEY TO LOAN ON Bond and Mortgage; First and Second Mortgages ed: city Property only. FREIDENRICH & CO,, 96 and 908 Third avenve, MPORARY LOANS ON aper, stocks, Konds and ply ‘atS2 Cedar street, RING 7 AL 8, Comme) other appre securities, room FIRST MORTGAGE OF $12,009) WANTED—ON FOUR brick Houses on Fifth avenue, between Twellth and rteenth streets, Brooklyn; value, $28,000. Apply to LLIAM HH. MeCOOL, corner of Third avenue “and nty-first street. —TRUST N buy Mortgas TO LOAN AND fe, in sums to suit HSL Post oftice, N. Y. A. ho bonus. Addr BROKERS, 47 EXCHANGE rivileges. $100 and com- names) for 100 shares, ‘xplanatory circulars, 8 and references, led free, ‘a put or call (firs days, No turther risk. | with practical illustrati S—MONEY ON LIFE AND Policies, Mortgages and of all kinds effected with ABRICH & ©0,, 119 Broadway. jer Secu companies. J B. old NNAM, 40 BROAD STREET. BROKER IN + Stock Privilegds exclusively. Established 1863. Re- fers to bankers, brokers and stock operators generally, NITIZENS’ SAVINGS BANK OF THE CITY OF J New York. Tnterest computed from the first of each month and is paid on balance remaining in bank January 1 and Juy 1 of each year. Present rate of interest 6 per cent. Money deposited on or beiore May 1 will bear interest from that day. Bank, 58 Bowery, southwest corner of Canal strect, open every day from 10 A. M. to3 P. M.,and will remain open on Mondays and Saturdays until7 P. M. Bank books in rian and French, . A. QUINTARD, President. Seymour A. Bunce, Secretar; OWES & MACY, BANKERS, 10 WALL STREET, | NEW YORK, OFFER THE SAME FACILITIES TO DEPOSITORS AS INCORPORATED BANKS, AND ALLOW INTEREST ON BALANCES AT THE RATE OF FOUR PER © E ASKINS & BRAI E, STOCK AND GOLD BROK road stre tock and old priv 4es specialty. Any one can speculate with small capital and littie risk. Explanatory circulars mailed. DAILY OTICE. ‘The coupons of the First Mortgage Bonds, New York and Eric Railroad, falling due May 1, 1873, will be paid on and after that date at the offices of Messrs Dun- can, Sherman & Co, 1 et. rer. hth avenue ana West ‘thirty-fourth st. cs the first day of each month, est paid. rom 10 A. M. to 3 P. M.; also on Mon- er cent Bank open daily f day, Wednesday and Saturday evenings trom 6 to 8 o'clock. JOUN HOOPER, President. James O. Bennett, Secretary. $3,000, DUE 6 MONTHS, FOR SALE.— dior the amount; endorser retired ime e 12 per cent off. Principals address NOT! 162 Herald office. Rue ESTATE TRUST COMPANY, 317 Broadway, wish to purchase Bonds and Morty in the States ot New Y: ors money on deposit, AKER nt; box ex on Real Estate ¥ and Connecticut, check at sight and pay cent per annum. sees nails 317 Broadway -++.610 Fifth avenue Ernst #. Lucke, of A. Belmont & Co...19 and 21 Nassau st. Joseph Seligman, of J. & W. Seligman & gy Broad street ting 14 Broad street 85 Waiker street 1 Broadway Siegmund T, Meyer John H, Watson, of D. M. Koehler, iii Pearl street Robert Schell, President I the Metropolis... corner Sixteenth street and Broadway A. 5, Rosenbaum, of A. 8. Rosenbaum & Ci Cha c. 162 Water street POs ee eeoeee cease oa 283 Fitth avenue o Woodward, Baldwin & Co....... #3 and 45 th street 9) Beaver street T Willinm street 120 Broadway io? Fitth avenue .44 Broad street ‘ON, President. rles F. Livermot Baldwi Henry M. Taber jarnes Henry KE. Davies G, W. Carleton... : R. T. Wilson, of Re Wx. L. Exy, Secretary Rovere wists & OC and Brokers, Vall street, te orders for Stocks, Bonds and Gold, allow interest posits, and transact a general Banking and Broker- pusiness (PE SIXPENSY SAVE | — Astor place. Established 1853, NOTICE.—Money sit from May 1 to August will draw three months’ interest. All deposits to the Sth of May wi | ‘ A. OL 5, Secretary. 000 ON REAL ESTATE, WORTH ated in the newest part of the village of Willing to pay bonus. For information and value apply to ORAN of JOHN POLH execu! on rt be included. 1; title the American Agricniturist. 102 Nassau street, corner of Ann, New York. WAXTED IMMEDIATELY PRIME CITY SECOND Morigages: money ready ; closed within five days; rate sls to eight percent to cover, Apply early tod. B, LICHTENSTEIN, 183 Broadway, 2 PER CENT, | We make a specialty of tric th TO ‘ounty, City and School Dis- Bonds: guarantee legality of all bonds sold, collect coupons without charge, ‘or take same as so much cash on sales. Send tor price list. he Law o: Municipal Bond just published by our senior, should be in the hands of all | interested in thix class of securities. “Two volumes, price $10, Ww OLER & CO.,17 Nassau stre HB BXCHANGE PLACE, vo New York, April 22, 1873. Central Colorado Improvement Company Bonds Coupons from the above bonds maturing May 1, 1873, will be paid on and atter that date upow presentation at . Di 7 our ofice. DREXEL, MORGAN & CO. $3,500, 84:50, $5.30, $6500 TO BUY FIRST OR DOOUU, second Morwages on city Property; no de- lay searching titles. — »MY1H, 111 Broadway, room A. $5 (OO NANTED FoR TWO YEARS; GOOD, SE. | de).! curity given and half profits of a business certain ; $3,000 to $4,000. HH. J., box 172 Herald office. $20,000 city Ponerty tor sate: about ner cent on in all; bondsman unexeeptionable. Prin: | lense address, with best terms for two years (1 oftice TO BUY FIRST AND 8k DRT. | $70,000 rreet Moni BRR Molo Broad | 5.000 BState MONEY TO, LOAN—ON FIRST ov. class New York City Property and to bu; First Mortgages. Address, stating full particulars, AT- TORNEY FOR ESTATE, box 148 Herald office. $100.000. and upwards WANTED, $100,000 WORTH OF SF ond Mortgages, in amounts of 8! Good ones wi 000 taken on reasonabie terms, Address J., box 2,105 Post oMee. 50. () TO LOAN—IN SUMS TO SUIT, WITH. ov, out bonus; also $5,000, $20,000, $100,000 to buy Mortgages; also Mouey tor second and leasehold mortgages. PAUL P. TODD, & Liberty street. BY () 000 TO LOAN ON NEW YORK CITY AND $320. Brooklyn Property: $is\0m to. bur ote) “90d Tas cities. Apply to C. K. DEUTSC! allow interest oi daily balanves at the rate of tour per | 7 Broadway | -« A Buoyant Market—Large Parcels of Land |- Being Rapidly Turned Into Single Lote— The Annexation of Westchester Be- fore the Senate Committee—The “Obstructives” Fail to Come to Time—Pri- vate Sales. A busy week has just closed on the real estate market, and the third great sale of the season has settled the stability of prices beyond the cavilling Of the most confirmed bear, As an introductien to the Spring business in March we haye had the sale of the celebrated Carman estate. On tne Ist of April the real estate, consisting of 165 lots, was disposed of,and on the 24th inst, 250 lots, com- prising the possessions left to the heirs of the late Dr. Jacob Harsen, came up at auction, which, taken together, threw into the market property valued and disposed of at over three millions anda half dollars, THE SALE OF THE HARSEN ESTATE, as already chronicled at length in* this column, suggests the reflection made by one of our oldest real estate auctioneers some time since, thgt the hammer of three generations of auctigneers would soon lose its accustomed use, for the reason that all the city lands in bulk were rapidly “going, going” into single lots and must ere long be all gone. But now a new sptere of city operations, at present of “fortunes green,” opens to the view of the real estate fraternity, in the probable annexa- tion of three of the Westchester towns to New York. Every cloud which has heretofore in any Way obscured this majestic measure has Hghted and beyond, as Artemus Ward would say, “ALL 18 LOVELY.” THe Senate Committee on Cities had the matter under consideration on Thursday, to which day it had been adjourned on the motion of Senator Tie- mann, 1n order that a committee irom the Ebene- zer H. Brown Taxpayers’ Union of Hariem might be heard in opposition, But no one appeared on that side, consequently Mr. Tiemann was left to his own resources, Which consisted of scraps of news- paper articles drawn from his pocket, containing the stunning averment of a certain Westcnester county politician, whose emoluments are mostly gathered from the revenues of the towns desiring annexation, that this project was a conspiracy on the part of the Morris family and others of equally respectable character to get up A “BULL” MOVEMENT IN WESTCHESTER ESTATE, sell off all their lots under the excitement, at ex- orbitant prices, and thereby reduce lots in Harlem noW Worth $2,500 to $750, and even as low as $500, The Senator, who 1s the fortunate owner of a large area of land at Manhattanville, which was pur- chased many years ago at a comparatively insignifi- REAL in an unimproved condition, has risen to the pres- ent almost fabulous prices prevailing in that quar- ter through the parks and boulevards established in the vicinity, mainly at the pubiic cost, seemed to be sorely distressed at the thought that annexation was to result in his great pecuniary damage. This had proveked him to the utterance of the taunt that annexation was only the prospect of “a gang ot speculators,” and his distress blinded him to the fact that his personal interest in and misjudg- ment concerning the relative values of lands in New York and Westchester counties aiter annexa- tion were leading him astray in reference to puolic legislation of equalrank with the opening ot! the Erie Canal, the introduction of Croton water into ae Ci or the establishment of the Central Park. a THE IMPUTATION ON THE MORRIS FAMILY is gratuitous and indefensible is easily made ap- parent. M@, in disposing of their large estates, often leave imperisiable monuments of their selfishness and lack of public spirit, but with the Morris family the records show nothing of the kind, Of the original extensive patent but com- paratively few acres yet remain in their posses- sion, Where they have sold land the prices have been moderate, no illiberal reservations have been made, and they have not imitated the iH example set by too many lerge land owners of seeking, through tortuous leases, to grasp beyond the grave the Iruits of their neigh- bors’ toils. Kor nobility of disposition, the memory of those who have passed away and the character of those who remain are honored by their fellow citizens, Who know also how to prop- erly appreciate the others who, from political or personal motives, disparage them. The revolu- tionary lustre of the Morris name cannot ever be- come dimmed trom the splatter of “Cow Boys.” Belore the Senate Committee, in favor of annexa- tion, was A LARGE DELEGATION FROM WESTCHESTER COUNTY, and a fair representation trom the city. Of the lutter Colonel FAs Conkling was among the rep- resentatives from the lower part, and Messrs. Stephen Roberts, James M. Boyd, Colonel George P. Webster and Judge Welsh rev ited the recent series of public meetings of the citizens and tax- ayers of the ‘T'welith ward in favor of annexation. William Haw, Jr., President of the Association of the Twenty-first Assembly district of the city, was also present and expressed himself as desirous of lavoring annexation to the extent of his ability. The addresses were pertinent, pithy and effective, and were listened to with great attention. The Senate Committee has eported the bill favorably to the Senate, and have ommended its passage This is well. Consider- able surprise Was inanilested that the “Ebenezers” of Harlem, who have heretofore shown themselves so pertinacious in their ENDEAVORS TO OBSTRUCT THE ANNEXATION MEASURE, failed to come to time on the last opportunity, par- ticularly as action had been delayed to that day in their behalf, and, as was understood, for their special accommodation, On a former | oceasion it is recorded of them in a heroic sirain, by the chivalrous poet laurgate oi Harlem, that, on being apprised while at dinner of the presence of an advance party before the Assembly Committee having the annexation bill in charge, “they quitted their table, as Wellington's officers did thetr bail room at Brussels when the sumimons came at midnight from Waterloo,” and, conse- quently, Without masticating their meal in the wholesome method dictated by common sense, fortified by the prescriptions of the faculty. To | their naturally resulting indigestion, after find- | ing a different Waterloo in the Assembly than they had hastened to attend, may now be ascribed their later adoption of the military movements of Mar- shal Grouchy. Verily, the step frem the sublime to the ridiculous is often steep and sudden, PRIVATE SALES OF PROPERTY during the past week have been made by various brokers to a considerable extent, but the negotta- tions in most cases await the finishing touches. The following transactions were reported to us yesterday : BY F. ziTteL, 1,026 THIRD Av! 48 b. 8. h., 22x65%100, 156 tf. e. of Madison a Guth st son av., 65 ft. W. of 4s. b. 8. he, 6, 8. of Ma ge iy . ishe hh. E . 15,500 4 ba ww. cor, of 7ist st. and 3d a and lot adjoining on street, 4s. b. 8. h., 20x50x100. :.56,000 By A. L. Mordecai, Pine street, the southeast cor- ner of New avenue and 112th street, opposite Morning Side Park, in ail seven lots, 100.11 feet on the avenue by 170 feet on the street, for $32,500. THE ARREST OF A HOTEL KEEPER, depen A Card from Mr. H. L. Powers and an Allegation That He Was the Victim of a Plot to Extort Money. In the HERALD of yesterday morning there was published a narrative of the circumstances of the arrest of Mr. H. L. Powers, of the Grand Central Hotel, on Friday evening. He now makes his own explanation of the affair, and charges the ofticer who execated the warrant with a plot fer the ex- tortion of money :— To rae Enrron of tae Henan An article whic i porting to give an Feplevin suit brought by one Elias against me for a piano, is so unjust and so erroneows that I ask you to publish a brief statement of the tacts, which are as follows :— ‘aid Elias had been a guest at my hotel and lett with- out paying his bill, amounting in the whole to nearly two handred dollars, which still remains unpaid. On leaving the house he took away all his effects, except a piano, which f detained for his bill, believing him wholly irre: sponsible, Suit was then commenced to recover posses. sion of the piano, and an officer called for that purpose, i gave him full ee eee or to take the property, at the same time notifying him of my tiem and my intention to bond and retain the property. He lett without taking it, an upon his affidavit of my refusal to permit him to take | the piuno an order of arrest was issued. The order was granted upon statements entirely at variance with The truth. Yesterday evening about seven o'clock & man, giving fis name as Curry, culled find statéd that he had an order of arrest tor ie requir ing bail in the sum of $450. I inmed ately tende: im the money, as authorized by law, but he refused to re- ccive it, and insisted that L must accompany him to the house of another deputy sheriff, in Thirty-titth street, I also offered to give any amount of bail required, but he refused to acceptit. ‘I then accompanied him with my counsel to Thirty-fifth street, but it was pretended that the officer was absent. After remaining there about ten minutes he demanded that T should accompany im to Ludlow street. Before going I requested, both per. sonally and through my counsel to, ga, beiors the Sheri or Under Sheriff and give bail or deposit the money, Which this man Curry, in a rough manner, re~ fused to permit. T then accompanted him to Ludlow street, where I remained about thirty minutes, when I was disc! fehl order of Joel ‘Stevens, Under The whole he morning pay ertaln proceed Sheriff. thing was a scheme to annoy me and extort money” Ibis bat dust to say that both the Sheri and Under Sheriff declare that the conduct of this man Curry was wholly unjuetisedie: pindue time 18 Il take the necessary proceedings him hy POWERS, e $n cant price, and which, while remaining otherwise Se CHARTER, eee An Interview with Mayor Mavemeyer= His Short and Scriptaral Answer to All Applicants tor Office—What He Expects the Governor Will Do—The Charter To Be Signed Before the Ist of May—Pres. ent Office-Holders Bound to Continue Until Their Successors are Appointed. There were indications yesterday that the tide had turned at the Mayor’s office. The flow of olfice- seekers had lessened in volume, and Mayor Have- Ineyer was permitted @ season of rest. Distin- guished visitors put in an appearance and had short conferences with His Hehor; but the anxious crowds that sit in the outer courts and await a chance of putting forth their claims to serve the public with fidelity, and always for coin, had diminished in numbers. Among the distinguished visitors who were permit- ted an audience with the Mayor was a reporter of the HrkaLp. The reporter found the Chief Magis- trate of the city busy reading his correspondence and surrounded by two or three friendly satellites. “A FEW APPLICATIONS.” “Well, Mr. Mayor,” said the reporter, “have you had any more applications for ottice since | saw you last?” “A few, sir; just afew, sir,” replied the Mayor, with a merry twinkle in his eye, and, taking up a packet of unread letters, said, “and I suppose there are a few more here.” sonal visits, Mr. Mayor?’’ “Not by any means. Importunity comes to me in every variety of form.” “What may ‘be your general answer to this im- portunity 7” “1 endeavor to make it as brief as possible, aud generally say to all comers, parodying somewhat a Scriptural quotation, ‘The applications are many, but the appointments are few.” “Does that satisiy the applicunt generally, Mr. Mayor ?"" “L am very sorry to say it does not; but I make no distinction, and instruct the names of all appli- cants to be taken, and any particulars that tuey muy be disposed to give.” THE CHARTER PROVISIONS. “When do you expect to act upon the charter, Maygr ¥" f course T cannot act until the charter ts signed, but 1 think it is not unlikely [shall hear something about it oficiaily in a tew days.” bi you think you will hear before the Ist of “Yes; [ think on Tuesday or Wednesd then it is provable the charter will be sign Governor.” “Will the signing of the charter at that time pre- sent any practical difficulty as to the continuance in oftice of the present incumbents after the Ist of May?’ TENURE OF OFFICE BY DEFAULT. “No, I don’t anticipate any dificuity,’ the Mayor, * Statutes that cove } ) ‘The Mayor directed the reporte: “Edmunad’s edition of Revised Statutes, 1869, part 1, chapter 5, title 6, article 1, section 9, Which’ provides a8 follow very oficer duly appointed, except the Chancellor, Justices of the Supreme Court and Circuit judges, who shall have duly entered on the duties of his oflice, shail continue to discharge the duties thereof, although his term ot office shall have expired, until a successor in such ofice shall be duly quali ec About’ Ad by the jon to nder that clause every ofMicer is bound to hold over until lus successor 1s appointed, then, Mr. Mayor?’ “That is so, and I do not anticipate the slightest dimcuity in taking proper time for the filling of all the principal ofices with good men and true, who Will be faithful to the interests of the city.” Thanking the Mayor for his courtesy, tiie reporter leit the private room, only to open the door toa gentleman distinguished in municipai service, but Whose tenure of oftice is held by an uncertain tie. AROUND ALL THE MUNICIPAL DEPARTMENTS there is un air of uncertainty manifest on the brow of the oMcials, except those who are specially re- tained by the provisions of the charter, [t+is pretty well understood that in several ef the com- missions a small selection will be made for mes nnolae It is these higner ofices that the trouble will come. — So many eligible candidates have presented themselves, whose claims cannot be lightly set aside, that, in assigning the nominations to the Commissioners, great firmness must be exercised and the utmest consideration given to those who have this unwelcome task to perform. More than two thousand employés of the city government will be more or less aifected by the appointments alluded to; but it is certain that the large majority of these will be retained in their present position, United action with the Mayor by the Board of Aldermen coutinues to be the attitude observed by the “city fathers’ at present; and it is said by those who are in a position to know all about it that that harmony will not be disturbed when the nominatious come up for contirmation, in Business at the Custom House Improv- ing—The New Atlantic Cable To Be Admitted Duty Free—Important Deci- sion Thereon by the Secretary of the Treasury—The Sanitary Condition of the Post Office—Internal Revenue Matters. Some slight improvement was manifested tn the business of the Custom House during the past week, which is partly owing to a relaxation in the money market and partly to arevival of trade. Further- more, the receipt of merchandise on importation was not as heavy by over two and a halt million doliars as the previous week, hence the bonded warehouses were not as severely taxed in their capacity. ‘The vacancy caused by the resignation of Deputy Collector ihomas L. James, of the Third division, promoted to be Postmaster of New York city, has not yet been filled, The publication of the names in the HERALD on the 24th inst., which set forth the appointments not only for this division, but of other designations, was premature, the informa- tion having been derived from a source believed to have been reliable. It is, however, expected that the designation has been made by Collecter Arthur and is now awaiting confirmation at the Treasury Department. THE NEW SUBMARINE CABLE. In relation to this enterprise application has been made to the Treasury Department at Wash- ington to aliow the wire to be landed duty free. In response General Arthur received the following communications from Secretary Richardson grant- ing the request as regards the cavie, but denying that of introducing the instruments with which to work the same, Without paying the usual tariil:— ‘Treasury Derantuent, 2 Wasmivcrox, D. C., April 24, 1873, § Sin—The Department has received 'a cou ation, dated New York, the 2ist inst, from Mr. William ¢ President of the Western Union Telegraphic C e states that 8! c a dat your port, laden wi subinaring ielegraph, cable which is propgsed to conne England with New York, via Halifax, and requests shore end, together with the office instrumen Recessary to work the cable, may be exempted from duty. He also requests, in behalf of the master, (hat the'steamship may, in view of the enterprise in Which she is engaged, be exempted from the payment of ton- nage duty. In regard to the shore end ot the cable, the Department would state that heretofore, as will be keen by a copy of a letter herewith enclosed, dated July 22, 1869, in‘w similar case, it has been the. practic the free entry of submarine cables intended to bring the United States into communication with foreign countrie. and therefore, so far as that Is concerned, Mr. Orton's | request is hereby granted, and you will be governed ac- cordingly jous action of the Department in like cases has not, however, included the exemptfon from duty of the appuratus uecessary to work the cable, and the Depart- mentis not disposed to set a precedent in this respect. That portion of the application Is therefore denied. The remittal of the tonnage tax will be made the subject of another communication. Very respectfully, WILLIAM A, RICHARDSON, Secretary. ©. A. Antnor, Esq., Collector, New York. The following is a copy of the letter alluded to by the Secretary of the Treasury :— TREASURY DerantMEnt, ipt of Wasminaton, D. ©, July 22, 180. Sin—T have the honor to acknowledge the re your letter of the 2th Inst. in whicn you state that “a portion of the French cable is expected to be landed in this (your) district ina few days,” and respectfully sub- mit the question “whether the managers shall be re quired to conform to the revenue laws as on importa. tion of toreign merchandise overninent has alw: towards sound pol date of December dut; in shore end of manifested a liberal spirit y to. do so to the full extent of the | ,. 1865, the Departinent should mot, be Imposed on a certain ‘ashington Territory to be used in connecting the at Territory with Vancouver's Isiand In m r similar cases it has been held that cables brought to this country should be condered as Importations into the United ‘States within the meaning of the law, and, consequently, duty should not be assessed, Lam of opinion tnat the precedents of the departinen this regard are correct, and you are hereby direc permit the portion of the cable mentioned in your letter without imposing thereon, ‘Iam, very LO. 8. BOUTWELL, Secretary. Dollector of Customs Plymouth, t in 1 to RING, Esq., OUR DILAPIDATED POST OFFICE. Dr. Gillett, medical officer of the Post Office, has kubmitted areport to Postmaster James recor mending improved ventilation, light amd cleanti- ness in the building; that the roof be mended so that it will not leak and that sewers be placed un- der the vaults, . INTERNAL REVENUE MATTERS are passé, there being nothing to report, except the regular routine, 6 Various assessors have been supplied with boxes by Supervisor Hawley, wherein to store the accumulated documents to be forwarded to the Internal Revenue Department at Washington on the 20th prox., when these oflicers coase to exist as BUC, “Then the appiications are not confined to per- | OO 9 THE VIENNA SCANDAL. me What General Burnside Has to Say on the Subject—He Doesn’t Know Whether He Endorsed Van Buren, but if He Did He Did It “Strongly.” In consequence of recent alleged developments ith reserence te the exposé concerning the action of the United States commission to the Viennese Exposition, coupling the name of Major General Ambrose #. Burnside with that of General Van Buren, and stating that General Burnside not only secured the appointment of the latter gentleman but had an interpst of @ certain character in sq doing, @ HERALD reporter yesterday called upon General Burnside at his office in Liberty street to request his statement ofthe affair, The General was engaged at the time, but in a few minutes the reporter was con- ducted to his private office and the business was at once entered upon, “General,” sald the reporter, “I have called to ask whether it would be agreeable to you to grant me an interview in reference to the sllegations made concerning your influence in securing the appointment of General Van Buren as United” States Commissioner-in-Chief to the Vienna Expo- sition,” The General smiled, asked the reporter to be seated, and said:—*Well, sir, I have no objection at all—none whatever—and in domg so I desire to state that! siall confine myself strictly to the facts of the case, so far as Ihave any recollection Whatever of them, and as they will be verified by the records, if verification should ever be required, Now, Watt just a moment and I'll get a paper.” The General stepped into the ante-room and re turned with a copy of the HERALD in his hand, Seating himself, he adjusted his spectacles and turning to the Washington correspondence he said, as he perused it casually— “Now, to begin with—It is stated in the HERALD, here, that General Van Buren was appointed at my ‘urgent solicitation.’ | am not now sure that I ever wrote a letter to the President upon the sub- ject of General Vau Buren’s uppoiutment, but Lam quite positive that I NEVER SPOKE TO PRESIDENT personally, or to the Secre of State upon the subject. I knew, however, of General Van buren’s: application tor the appoimtment, and it is notat all unlikely that I wrote to the President the same kind of a letter that I have written to htm in hun- dreds of other cases for officers and soldiers who served during the late war, and whom I thought competent to dll the positions for which they applied, I I did write to the Presi« dent a letter favorable to General Van buren it was assuredly a very strong one, because I had full faith in his integrity and ability, and I still have that faith. Ifhe has committed any wrong it will be demonstrated in the future, perhaps, by an investigation, and I shall be very sorry for it,’” “Then there is still another allegation, Gen- General eral—" “f am coming to that,’? interrupted Burnside, “Lhe correspondont ajso says that tt is reported that I scught t secure the appointment of General Van Buren with a view to ‘grinding? some of My own vs’ at the Vienna Exposition, Now, with regard to that, I can only say that [I know of nothing appertaming to the Vienua Exposition which is of any personal interest to me unless the Rhode sland Locomotive Works have determined to send to that exhibition one of their locomotives. 1 do not know whether they have decided to send one or not, but | Kuow that they talked ol doing so. M. interest in that concern amounts to just one-fifttet! Of its capital stock, and 1 am quite sure that any advantage to accrue to me in that direc. tion by any action taken at the Exposition could not influence me. It is further stated by your correspondent that, ‘as charity covers a mul- litude of sins, 80 General Burnsid pientige covers a multitude of sche has at various times tatheres With reference to that I can only say that 1 feel quite sure the cor- respondent has given his impressions based upon WHAT HE HAS HEARD stated by people uround him, and has endeavored to reflect those opinions correctly. But, as matter of fact, Lam interested in no scheme which is in any way dependent upon the action of the govern- ment, cither in itslegisiative, judicial or executive capacities or departments, to the extent of one penny. Lask no.charity or consideration on ac- count of my military prestige. During the war 1 endeavored to do my whole duty, and my record 18 made up alike of successes and disap- pointments; and in view of the great results ac- complished I consider it of no great importance to the public.” “May 1 ask, General, without intruding too closely upon your personal allairs, if you have often had Occasion to recommend persons for appoint- ment by the President?” asked the reporte: “1 have never asked the President for any office for myself or tor any of my kw,” replied the Ge eral, “On three or four occasions I lave mad personal application to him to have persous ap- pointed to oflice, and, IF MY MEMORY SERVES ME ARIGHT, none of those appomtments have ever been made, Remember, Ldo not make this statement in any mauner as @ complaint, because 1 am convinced that the President was actuated by prover motives in declining to make them. [am quite sure that in no instance have ft ever urged the appointment of anybody with any degree of pertinacity, or in a manner calculated to embarrass the President in the slightest degree." Where did General Van Buren serve during the , General ?”” asked the reporter. am not sure that I can give you in detail his exact military record, He served during the early part of the War as colonel oi the 102d regiment 0} intantry, of the State of New York, and resigned in December, 1862, I think, I believe he then became attachéd to Governor Morgan's stat.” “Did he at any time ve In a sabordinate capacity upon your staif or in your command “No, no, ever. He was introduced to and) had heard of him as a man of considerable ability, and my subsequent acquaintance with him proved these assertions to be correct, and were I calied upon or sought to recommend him [ should express a high opinion of him. I may say, toe, in this con- nection, that I have NOT THE SLIGHTEST IDEA that he has dune anything wrong in his present position, and that whatever investigation of his action may follow will only serve to vindicate my appreciation of his character.” “Do you understand, or believe, General, that there Were other intiuences besides your own ex- erted to secure his appointment as Commissioner- in-Chief ?”” “Yes,” replied the General, “I have no doubt of it. I believe there was considerable influence apart from mine, and that mine was a very small propor- tion of I can seareely see why the President uch an appointment ‘upon my appl- y. You know [ am a Rhode Islander, and General Yan Buren was a New Yorker and appotated as a New ‘yorker, and it is scarcely prob- able that a small St like Rhode Island could wield = mu power in behalf of the citizens of other States. Still if 1 am asked to recommend an ex-soldier and find that his record was a good one, I generally do it, no matter what State he belongs to, and if I was asked to use my influence for General Van Buren I ave no doubt eee so use it, though I don’t remem- ber it. This substantially closed the interview, and the reporter took his leave. BOARD OF APPORTIONMENT AND AUDIT, The above Board met yesterday, ali the members being present, Tbe claim of James Ryan, Deputy Clerk of the General Sessions for October, Septem- ber and December, 1871, amounting to $1,333, for which a peremptory mandamus wae issued order- ing the payment, was takenup when Mr. McMan- ama, for Ryan, appeared and stated that he had an order for contempt that he has not yet served, After a lengthy consuitation with the assistant Corporation Counsel the claim was allowed, ‘The following claims were audited und allowed Palmer, examiner of work, $261; Charles M. Clancy, care of horse, $217; John Canihan, work, $146; Mathew Baird, $702; do., $2,167; W. Tomp- kins, salary Clerk of Assessors, $222; G. HL. Kil- linger’s salary as Sewer Inspector, $80; Mosgan Jones, plumbing, &c., $11,515; Amos Dodge, exam- incr {or April, $149; § n Angell, tor examina tion of sundry newspapers from January 1 until April 21, 1873, $14. GRAND ARMY OF THE REPUBLIC. Decoration Day. The following curious announcement drew to gether @ considerable assemblage last evening at 18 and 20 St. Mark's place :— ADQUARTERS MuMontaL Commirrer, G, A. R,, t Twuuert Steer, New Youn, Apri (4, 1598 ¢ Coxnape—The next meeting of the comiitice will be held on the 26th day of April, 1873, at eight P, M., at 18 and 20 St. Mark's place Gighth stre t ix ‘expected that a large attendance will be present, as business of im- portance will be transacted. Posts not as yet represented are urged to unite with usin this most béautitnl of cere- monies. Yours, in F. C. and L., Trowas H, Ler, 2OSHPH C. PINCKNEY, Chairman, J.C, Junius Laxanern, | Secretaries. “The most beautiful of ceremontes’’ of ‘course invited scrutiny, but there was nothing “beauti- ful” last evening, unless it was the gymnastics of an imaux dog, which did everything but dis- cu motional Insanity” and carefully avoided giving his canine MS ag on the last city charter, General George A. pois was appointed Chiet of Ceremonies on Decoration Day (May 30), and General Joe Hawley was appointed to ‘orate’? upon that occasion. SUSPENSION OF A TENNESSEE BANK. Memrnts, April 26, 1873. The Memphis Life and Gereral Insurance Bank D. P. Malloy, President, suspended this morningt ‘The liabilities are $25,000, which, it i# sald, is fully covered by the assets,