The New York Herald Newspaper, May 14, 1873, Page 5

4 NEW YO RK HKKALV, WEDNESDAY, MAY 14, 1873—TRIPLE SHEET. saetinmiererenrcnarier ANCIAL, AND COMMERCIML, | Relaxation in the Money Market and Lower Rates. The Quotation Declines from 6 a 7 to 3 a 4 Per Cent. WATCHING THE EUROPEAN MARKETS Gold Unset!led and Firmer Upon Contra- dictory Advices from London. Money on the Street Easy, but the Bank of England Rate Likely to Go Higher. THE STOCK MARKET IRREGULAR A Further Decline in Erie and a Rise in Western Union. Government Bonds Lower and Southern Se- curities Heavy—The Week's Export of Domestic Produce. WALL STREEt, } TUESDAY, May 13—6 P. M. On 'Change to-day cotton continued dull and ‘Was 1-l6c. per Ib. easier for “futur®” Flour was in good demand and firm. Wheat was steady, While corn was dull and lower. THE EXPORTS OF THE WERK. The total exports of domestic merchandise from the port of New York to foreign porta for the week ending May 13, 1873, were of the currency value of $5,908, 713, THE TREASURY BALANCES. The United States Treasury balances at the close of business this afternoon are reported as {ol- lows :—Currency, $5,500,000; coin, $74,125,000, The dutstanding coin certificates are $26,500,000. THE FOREIGN MARKET. The London quotations were steady during the varly part of the day and remained so to the close for consois, but declined + a 3 per cent for United States bonds late in the afternoon on a more active demand for accommodation at the Bank of Eng- land, which institution lost £90,000 by withdrawals Aa to-day’s business. The BANK OF ENGLAND ‘rate continued to be 5 per cent, but money in the open market was quoted 3% per cent on pledge of consols, while three months’ paper was done at 4% Per cent discount. Erie shares opened strong and ‘Bdvanced to 4854, but became weak and declined to 4734, rallying at the close to 4734. The new French loan was steady and rentes in Paris were strong, but unettled, their quotation after an opening rise ‘to 64.70 having receded to 54.50 and recovered at the close to 54.65. The Continental financial news goes no farther eastward than Paris, so that we Bre without any new facts from Vienna. MONEY EASIER, ‘The money market was easier and the rate on call, which opened at 6a 7 per cent, declined to 3 per cent @ goed while before the close of banking hours, In fact, money was freely offered at 4 per cent, without takers, at as early as a quarter to ‘three o’clock. Mercantiie paper was active at 7 a ® per cent discount for prime names. Foreign ex- change was firm at 109% for prime bankers’ sight Bterling, and steady at 1055; a 108% for the same grade of sixty-day bills. The outstanding extra legal tenders have undergone a further reduction to-day, and now amount to only $1,024,000. GOLD STRONG—1173¢ A 117%. ‘The gold market was firmer in consequence of the lighter return of domestic exports and in pur- suance of @ natural reaction trom the sudden de- cline of the previous evening. A counter-reaction set in, however, during the earlier portion of the @fternoen, and the price, which had gone upto 117%, fell back again to 11174. Subsequently, the lower quotations of our bonds in London caused a wecond advance, the market going this time to 117%, the rise being helped by predictions that the Bank of England rate would be advanced in the morning to 634 @ 6 percent. The firmness of the market was ail tne more notable in contrast to the abundance of cash gold, for the carrying of which the “bulls” had to pay jull rates. The course of the market is shown in the table:— In the gold loan market the rates ranged from 6 per cent per annum to 1-32 a day for carrying. The Operations of the Gold Exchange Bank were as follows :— Gold cleared. $81,479,000 Gold balance: 855,683 Currency bala: 5 2,199,389 The Sub-Treasury paid out $58,000 on account of redeemed five-twenties. SOUTHERN SECURITIES HEAVY. The Southern list was rather more active ata Slight decline in prices, but the changes were Mostly nominal The neW*south Carolinas sold at 17 for the Jnly and 28 for the October issucs; bat these prices continued to be bid. ‘The folowing were the closing quotations:— Tennessee, eX coupon, 81% a 81%; do, new, 81% & 81%; Virginia,excoupon, 43 a 48; do., reg- istered stock, old, 36a 40; do, sixes, consolidated bonds, 52% a 53; do, sixes, deferred scrip, 1234 813%; Georgia sixes, 78 a 80; do, sevens, 90 a 92; North Carolina, ex coupon, 28 a 30; do. to North Carolina Railroad, 50 a 60; do. funded, 1866, 17 a 20; Go, do., 1868, 17 220; do. new, 16 a 17; do. special tax, 1868, 14 a 15; Missouri sixes, 93% a 94%; do. Hannibal and St. Josepb, 99 a 91; Louisiana sixes, 40 @ 46; Alabamaeights, 86% a 87; South Carolina sixes, 25 a 46; do. new, January and July, 17a 18; do. new, April and October, 28 a 29; Ar- Kansas sixes,funded, 30 a 40, THE RAILROAD BONDS. The railroad bonds were moderately active and about steady. The recent decline in Central Pacifics is attributed te sales on orders from Ger- many and Austria, where they are largely held. Boston, Hartford and Erie firsts declined to 37%. The following were the bids at the call as amended by prices in subsequent dealings :— New York Cen 6's,’ss... Tol & Wab 24 m,....... 903 Rew York Cen 1's. 76. Tol & Wab equip bds... 51 ay ior Tie let m, extended, Tol & Wab con conv... 86% rie i’. 1d m, 79. Han & Naples ist 1 85 tie 7's, th m, Gt West 2d m, 1893..... 86) Lock bond: Chick 1a Pac. "105% NY ab iti Morris & kewex ist m:!10s 5 ts TT. Wud By 7s, 2d m si,’86:1043¢ Morris & bssex 2d m + 9836 ud K 77s, cdm, %5.....100° NJ Cen Istm. 105° ‘Alb & tus 4a ba, 1% NJ touthern Je Wb & Sus Sd bds...0 "Guid Pitts, FW a Ol ich Cen D's, Istin, "82.112" Pitts F W & © 2d im... 100) ich Cen7's,con, 102.. 98 — Clev & Pitts con sf..... 92 ble, ura Q bs iattiils Clev & Pitted th... Fo7DCsdm..... 98 Clev & Pitisat + big ANIst7pc..102% Chick Atst 98" aie 1oesg Chick Aut vim: hic & Altincom aon StL 7 new ous & Iron M div bds. Mil & Str Iss AE con Fs. M & StP Ist, 73410," P gU'd Mo, kD guts: ED a cite bds. te. ui eA ist tn, L&D... BAe ee 7 stim, © & M.. 83 Mic ine @ &5 111 dst, bd bs istm 08. ATor H, 24m a Wet. ad NW int bas we ie & N W con ba: 8 Ne & N W ist 8 & Bt Joconvert., i Lack & W Hi aw fa 43 we. GOVERNMENTS LOWER. ’ ‘The goyéMament market was dull and Tower, the Goaling 10, the gold pix ver cents ps commarca with | iw yesterday's best figures being as much 98 % & % percent. The dectine was all the more remarka- Die as gold was higher; enough 80 to counteract the effect of the trifling decline in London this after- noon, and is explained upon the hypothesis that the foreign bankers have had erders to sell for German account. It is also conjectured that the advance on Monday brought out @ good many bonds from banks and from private imvestors, who had bought at iower prices before the rise in gold, \d were ia SATISFIED WITH THE PROFIT now afforded them. ‘The currency sixes were steady and a shade firmer. The following were the | 50) closing quotations :—United States currency sixes, 115% a 116; do. sixes, 1881, registered, 1183¢ a 115%; do, do., coupon, 121% @ 121%; do, five-twenties, registered, May and November, 11534 a 116; do. do., 1862, coupon, do., 115% a 116; do. do., 1864, do, do. 115% @ 116: do, do., 1865, do, do., 11754 a 11734; do., 1867, registered, January and Juiy, 11834 @ 115% ; do. do., 1865, coupon, do., 11814 @ 118%; do. do., 1867, dO. do., 12034 a 120% ; do. do., 1868, do. do., 118% & 118}; do, ten-forties, registered, 111% a 112% ; do. do., coupon, 118% a 114%; do. fives of 1831, regis- tered, 114a 115; do. do. do., coupon, 11434 a 115, STOCKS IRREGULAR. ‘The stock market was both unsettled and irregu- lar, with, on the whole, a diminution in the amount ef business, the continued uncertainty attending the Vienna monetary situation and the fears of a further advance in the Bank of England discount Tate checking speculation. The more active fea- tures were Erie, Pacific Mail and Western Union, the first mentioned being weak in sympathy with the decline in London and falling from 62 to 59%, with a rally at the close to 60, Those latter figures are lower than the London quotation and wero reached after London had adjourned business for the day. The LOCAL WEAKNESS thus betrayed was referable to the apprehension of the ill effects of the movement to saddle Erie with the Atlantic and Great Western railway, under the guise of a lease of the latter to the former, with guarantees for the payment of interest on the bonded debt, or at least a large annual rental. The depression was also assisted by apprehensions of an unfavorable report from the legislative com- mittee at Albany, who have prepared the document to go into executive session upon it to-morrow. The amount of gambling in Erie to be done upon the supposed purport of the committee's recommenda. tions will doubtless make the stock an active fea- ture until the report is presented to the House. A DECLINE of about one per cent in St. Paul and Pacific Mail was about twice the average fluctuation of the general list, the market being strong and at about its best—Western Union particularly so—when money was lending at4a 5 per cent, but yielding 34 a subsequently upon the report that the Bank of England rate was likely to be again advanced in the morning. The Stock Exchange election did not prove a triumph for the “regular” ticket after all Oncoming to count the minor names it was found that Messrs. Brayton Ives and D. 8. Hatch, of the opposition ticket, and been elected to posi- tions in the governing committee instead of their rivals on the regular ticket. A comparative state- ment of the operations of the New Jersey Central Railroad for the past four months shows, a8 com- pared with 1872, a gain of $393,185 in gross earn- ings, and a gain of $382,754 in net earnings, HIGHEST AND LOWEST PRICES, The following table shows the highest and lowest prices of the principal stocks during the day :— Highest, Lowest, 100% 10034 + 62 5946 907% 9036 698 69 e . (No transactions.) Northwestern preterred. . (No transactions.) Rock Island. 108% 10834 St. Paul... + 66% 5535 St. Paul preferred 3 73 Ohio and Mississippi. « 42% 42 Union Pacitic. woe BLM 3146 G., C, and 1.0 . 33 315% Western Union Telegraph. 86% 85% Pacific Mail, + 5355 52 In Philadelphia Reading was Pennsylvania lower at 108, NOT THE SAME JAMES BOYD. New YoRK Stock EXCHANGE, NEW YORK, May 13, 1873, To THR EDITOR OF THE HERALD: Please allow me to correct an impression created by an article in the HERALD, with reference to A. . Nicolay, the broker. His partner, James Boyd, and myself are distinct personages. Yours Te- spectiully, AMES BOYD, SALES AT THE NEW YORK STOOK EXOHANGE, Tuesday, May 13—10:15 A. M. $10000 US 5-20, c, *64. $13000 US 5's, 10-40, c... 114 1000 Us 5's, 14, 3. A. M.—Before Call. * 1500 shs West Un Tel. 800 do apspanusseses «SE LER Cs ons ‘300 eens 300 do. Board—10:30 A. M. 100 shs N ¥ C & H RRc 100% 2W Harlem KR....b¢ 126 100 Panama RR luo do 50W) Mich South 2 1000 Alt & TH ine..... 78 700 Chic & N W ist m 100 Tove He& % 60W Tol & Wab Ist m.. 96%, 200 Tol & Wah ney 200 Tol vy & Wudm:. 74 ‘000 Gt West 24 m 2000 do... é 3000 Mor & Es 2d. 1000 NJ Cen Ist, ne 10000 © & RL & PacT! ‘5000 i ‘ Lé&t 210 C, C&L 50W) OC & 736 7000 M & StP Ist, ad 8000 Bur, CR & 89 37% 800 joe Bile W shs Merchants’ BK 16s 38 Continental Bank., 80 100 Del & Hi Canal. 100 Con C of Md. 20 do. 10 do 200 C & Pitts, gtd: 100, icsaus 27 NJ Cen RR, gut, Wa WRK 800 do... 300 © & Rock T 100 300 do. RR. 100 Mar L'd & Mg 2 Pac M 88 Co. 300 200 do. . 100 Mila stPpf....be 73 100 H & St Jo... .be.bl0 ISNY,NH & Hartke 10% | do... " 600 a) 300, 4 2 10 12115 and 2:15 P, Me US5-20, ¢,165..... 18% 20, F, 18 20) iis} P. M.—Betore Call. 200 shs LS & MSRR.86) 9044 1wC & R IRR, b3 18) too do. 624g WOM & St P 100 do. WO do... . ‘3 60% 100 Mi & St P HER pt... 74” 6)" WWOT,WAWRR...... BUS 20) Adan & P pf. Suv Ohio & M RR. 1000, C&T 0 RR. lwo do.. 20%, 200 do. Second Board—1 P. $6000 N Y C 6's, "83. 600 shs Erie KR. 2000 Erie 24 m. Wo do. Joe Un Pac Ist in... B6%G ot P, lodiv Bile P gid bds.. 103 at P 7 3-lu. cy Wab Ist. 96! MssCo.be 52! WLS4&M 5 RR. 0 do. . SR RST SEEEREE Sheeeeeeee do. bs 66 Bost, HEERR be 3 Hat IRR... Del, L & 100 do, 200 do: 100 Ohio & 20 do 400 do. 300 t4 100 U0 * CLOSING PRICES—4 O’OLOOK P. M. Western Union. 86% a 8044 Northwest’n pf. 8534 a 87 Lackawanna. ..1us" a 1035g 4 J Central,....101% a 10534 Adams Ex....-. 9644 2 98" Rock Island Wells-Farg 8% a 8g st Paul. 5536 Paculic Muil.... 523g a 62% St Paul pi 3 Wabasir... Ohio & Miss, Han & stJo. Boston, i & E Cale COMMERCIAL REPORT. Cocton Dull; Receipts, at the Ports, 6,379 Bales=—Flour Firmer—Wheat Steady—Corn and Oats Lower—Pork and Lard Were Quiet but Steady— Groceries Firm—Sugar in Good De- mand—Petroleum Easy—Naval Stores Steady—East India Goods Dull—Metals Very Quiect—Wool Dull—Whiskey Lower. TUESDAY, May 13—6 P. M. Business continued moderate and the markets were, as & general thing, without decided change. Dry goods were dull, save in a few exceptional cases, Cotton remained dull and heavy. Flour was quiet and unchanged. Wheat was without decided change—there was @0 /really good Spring wheat on sale, the supply in e being exhausted, while the receipts are comprised almost entirely of inferior Chicago, which finds market at prices ranging from $1 50 to $1 60, and is taken to some extent by shippers to mill with better wheat. There are numerous foreign orders for good wheat, which cannot be executed for want of supplies. There was more inquiry for good Spring wheat for forward delivery, but owing to the additional pretensions of holders very little was done, Corn was duil and lower for both old and new. Oats were also dull and in buyers’ favor. Whiskey was also depressed and closed lower. In provisions there war but little change and butlittle done. Pork was nominally the same as yesterday, while lard was not salable to any extent, save at some reduction from the extreme prices ot yesterday. Groceries were very firm and active for sugar. Petro- leum wes a shade off, and continued quiet. Naval stores were quiet, but about steaay in price. East India goods were neglected and nominal. Metals werd quiet, but not essentially changed In value. Wool was duil and barely steady in price. Asnxs.—The market since our last remained unchanged* ‘There was a continued fair jobbing demand for pots at $8, but pearls remained neglected and entirely nominal. The receipts for the past three days foot up 106 packages. BuiLpinc Matewiats.—There has been a steady fair demand for brick since our last, with prices ruling steady at previously quoted figures. Lime was in moderate re- quest and unchanged in prices. Quoted at $160 for Rockland common and $1 75 for do. lump. Cement was in fair demand and firm. Rosendale quoted at $1 75 cash, and Portland at $6 per bbl. Plaster Paris was only in light request and unchanged in prices. Quoted at $3 5) 0 $4 per ton for blue Nova Scotia, $9 25 per do, for white do., and $2 per bbl. for calcined ‘city. Laths were duil and rather easier. Kastern spruce quoted at $2 25. Corvacx.—The demand was limited, but prices. ex- hibited no change from those quoted in our last, whic were as follows:—Manila (large and small size), 183sc. a 1c, per Ib. ;.do. bolt rope yarns, 200. a 21sec. ; tarred Manila, 18e. Sisal_ rope, 16c. 17c.; New Zealand cord- age, 16c. a i7c.; Russia Bolt rope, 1se. ‘CANDLI Je market. excepting for Jobbing 1 quiet, and prices of spermjand adamantine were easier. Woe quote :—Sperm, 30c. ; patent, do., 40¢. fine, 32c. a 8c. ; stearic, 28c.'a 2c. ; adamantine, 19e. JOrrne.—There was A fair demand to day for’ lots trom first hands, and the market continued strong. We heard of sales of 3,610 bags Kio, ex Merrimac, and 366 b ex Ontairio, both on private terms. Messrs Wile liam Scott & Sons report the stock ot the United States this date, as_follows:—Galveston, bags; New Orleans, 3.005; Charieston, 290; Hampton Hgads, 3,900; Baltimore, ew Tork, 74.238. Tote 2 bags. © Quote : rr 5 734 fair cargoes. I8\c. a 1 argoes, 173gc. & good cargoes, IWhgc.: extreme 80a 0 di rt 18{c. a 19; prime cargoes, 195 range tor lots tiger n 10s wold credit; Java, government bags, mats), 20c. a 2c. ; Singaore, grass Ceylon, I8¢. # ‘ise. ; Maracailo, 183e, a 19540. : Jamaica, Ic, a 18 16 ar, Hleo, 180, a Isc. Gosta Bic can, I7}¢c. @ 183gc.; Manila, I7c. a 1c. } Angosturm, 17 4c. a Isic. | Savanilla, 17%c. a '18%c. ; Curacoa, 1740. om said, per Ib., 60 a 90 days’ credit. lip Corrox.—For spot cotton the market continued dull atessentially unaltered prices. Forward delivery was only in light request at adecline of 1-l6c. per Ib. The Baie tons reported on 'Change to-day were as fol- ows i— T-Day. Last Eo'g, Total. Consumpti 25 on 8 ousumptio mn 3 = Total. antec sic ol 1169 —Included inthe above are ‘100 bales to arrive, For tu. Fy, (basis low. middling) the sales have been —Sales last t 5 t 18550. 5 3800 bales. Sajes today op ig to three fay, 100 'at’ 18%c., 100 at 18 7.160, gun 200 at 18 9-160., 100 at 18 17-32¢, , 900 a +5 100 at 18 7-166. 100 at 18%e, ; July, 300 at 18%0,, 100 at 18 L1-160.y. 1y 18%e., 10) at 18 9-l6c., 30) at Isie., ‘at 18 9-1 Ausukt, 700 at 15%¢c.."100 at 18 7'l6e., 290 at 18%. Total 7,100 bales. Grand total, 10,000 bales. ‘The receipts at ane Ports gum up, thus—Galveston, ist bales: New Or- leans, 2,78; Mobile, 92; javannah, 1,081; Charleston, 624; Mtoe gg 46; Kk, 59; Baltimore, 235; New York, 451 Total, 6,379. ay last week, 6,192.’ ‘This day last year, 3,143. cotton to foreign ports were nominal at the following fures:—To Havre, by steam, Ic.; by sail, ermpremed 5 to Hamburg, by steam, Sod. compressed; to, men, by steam, 1c. ; to Liverpool, by steam, %xd. 0 7-i0d. ; sai, 5.16d. a 34d. We a0 b Uplands. Alabama, New Orleans, Texas, Ordinary. rary 47 147 14% Good ordinary 16 16) 16% Strict good ordinary 17 17% 1T% Low middling. 18% 3 18 a 2135 21% ed on cotton in store, running in If agrade above oF below the grade quoted, Fioun axp Gnatx.—Receipts~ Flour, 10,078 bbls. ; heat a i 69,831 bushels corn, 89,431 do; mn bis. and 600 bags; onts, 57,128 bushels: barley, 3,188 do. ‘The flour market was quiet at unchanged figares. | There was some inquiry for (ancy brands of extra State, but they could not be placed to any extent in lines at over 7 b $7 50. | The sales since our last, including ail kinds, foot up 13,000 bbls, at prices within the range of the subjomned quotations. =~ Cornmeal wag, quiet but steady within the range of quotations Feed was H * quiet at unchanged figures, as foll t $25.0 WW do. oF ah on tons 40 Ib: 20 a $2) feed, $22 a $23 Ihe. at $35 per ton: '28 tons i 21 per ton. We quo 4 3 10) fr 8 at 0, 2 State J 32 M9 sns0,CATORR.. 3 | | Corn meal, Jersey . ‘market, and we thereiore a ry Hound hoop Ob: Faunlly. it. Louis, low ¢ BE Louis, stralgit oxiza Bt Louis ra double extra. St. Louts, choice iamily. Catiforna. Corn meal, Weste: 4 ate Corn meal, Branuywine Baitimore. —Wheut was steady. There was no No. 3 it nominal, $172 with $165 Lid tor all May. The sales ning, were about 93,000 bushels (mostl $1 52 a $1 5334 cor inverior and 1683 for No, 2 do.; $1 70 tor & smuli lot o. Ni Milwaukee, on the spot; $1 62 ior . to arrive ali Jun $1 ior now Spring ; ‘$2 U5 for white ‘Canada duty paid. orn Was dull and lower. ihe sales were only about 18,000 bushels, at 6034: ‘67c. tor new mixed ; 6oc. for yel- low. Other descriptions were neglec ed and nominal. Oats were dull and heavy, closing a shade lower. The sales foot up about 0 busheis, at 450. tor inerior; 50c. a dle. ior new mixed Western, alloat; 562, a Bic. for d float: old held above the views ot buyers. Bi ited request and s.eady; sales 11,020 bushel t $1 15, dedvered, Rye was neglected and inal at previous figures, Fueidurs.—In the line of berth frei ts business has been light, but raies were firm. A tsir chartering busl- ness was consummated at about former rates. the en- gagements were o TAYEZROOL, steam, 10,000 busiiels rain at 736d, ; 7,500 bushels do. at 7i¢d., standard bushel 600 bushels of ‘do. at 7d. a 734d. ; 1W) ‘tons of oll cake 3.200 bbis. of rosin at 8s. 14d, The nominal rate tor rovisions was 40s, a dts. Tu London, by sail, 3,008 ushels grain at 9d. The charters inciude:—A Nor ian bark, hence to Cork for orders, to the United King. lom, 3,500 quarters grain, at 7%; if to @ direct pen éd. off; a German brig, hence to a Dontinental port, 2000 bbls, refined _ petroleum at 6s. 6d.; a Norwegian bark, hence to stockholm, 3.40) bbls. of petroleum, at 6s. 9d.; a German bark, hence to Elsinore for orders to the German Baltic, 2,000 Ubis, re fined do.,at 7s, 3d.; @ British bark, hehee ty Bremen, 5,000 bbls. crude do., at 6s, 6d.; an American bark, trom Fhiladelphia to Trigste, 2000 refined do. at 8. a, British 01 the ‘ it ship, w arrive, 1,119 tons, irom do. to # Continental i full cargo of retined petroleum, at 6s. 3d.; a British brig, 302 tons, irom Wilmington to Cork, for orders to United ey ood ful: cargo of naval stores, at 8s. 1or spirits and 68, for rosim; a North German bark from New rleans to a French port, 800 hhds. of tobacco, on private rms. GuNwres,—Trade in this branch of business continued very slow. A few unimportant orders from the South are being filled, which comprised the only transactions re- Ported, Prices were unchanged. We quote : Domestic cloth, ic. a 134¢. spot, and de. for the future months; Calcutta cloth, Ie. as a nominal figure; bags, 15c. Hixar anp Jute.—The market tor hemp remained dull for all description: Manila quoted nominally steady at 10. gold. Jute was also neglected, but quoted stea at 2c. a 4ic. gold. Jute butts were quiet; about bales. sold in lots at 20., currency. Hay AND Staaw.—T' hay continued good weak, but prices generally were unchanged. with & good demand at tormer prices, hay, $130 a $1 50; good do,, Tia Abae: Sfodetare tin st a $ a . ; long rye straw, a fic, w 68, ry Hors.—The market continued ing only ag their j._ We quote traw met © quote -—Prine $115 a $125; shipping hay, Second quality, Goc;; clover, 0; short do, 85c. & quiet, brewers purchas- quirements demand, Prices un- ry State,.crop of 1872, dC. a, Sc. ; ern and Western, 35c. a 450. Calitornia, 45c. a 5c. ; Bay! 0c. ; English, 300. a 350. —The market remained quict but firm. Busl- ness was confined to the requirements of tho Jobbing trade, Sales, in lots. about 60 bbis. of New Orleans at from 74c. a 7c, Later a sale was reported of 475 bbls. of Muscovado at 3830. We quote :— o 5 Cuba, centrifugal and mixed Cuba, clayed ........... Cuba, muscovado, refining . Cuba, muscovado, grocery : Porto Rico English Islan New Orleans. NAVAL Sronxi s teees mm ‘55. a BUC. pirits of turpentine the market remained dull at ahout former prices, closing at 50c. a BUige.: 90 bbls S03gc. ‘The sales include :—83 bbls at in lots trom store, at d2c. a 53e, Rosin was ny but about steady, Straitled quoted at $3.10 a $319 for common, and $315 a $320 for good. “Tho gales were :—3W0 bbis strained at $3 10; 50 bbls do, at $3 20; 100 bbls do. (late last evening) at $3 123; flat; 2,500 bbls at Wilmington on Boa, terms, Tar was neglected, but quoted steady at 6234 a $4. O18.—Linseed has attracted a fair amount of business in a jobbing way, with former prices current. Lard oil was firm under a fair demand," Crude whale and sperm were quiet and unchanged, Menhaden was rather more steaay, We quote:—Linseed, $1 in casks and $1 01 in bls. crude sperm, $1 60 aSl s2}g; natural Winter, $1 07 a $1 70; bleached, $1 72a $1 75; crude whale, 67c. a 68c. for Northern, 63¢. a, G4c.. for’ Southern, 726. a 78c. tor Natural Winter and 73c. a75e. for bleached, Lard, 77c. a 7se, for prime Winter; menhaden, Soc. a 8c. for selected Hight and Bie. @ O40, for choice brown. Crude cotton seed, 460, PetroLkvm.—The market tor refined remained dull and qRoled for spot or balance of ‘nthe nominally unchanged; Crude in bulk was quiet and easy, les we quote nominally 9. a9%4c. mainder of month. Cases ware quiet and ‘Aluoted at Ce a a Was entirely nominal at about C Hie. tor Western or city. Hepor ak wes a quiet and slightly ¢ a City, $2 6 at Petroleum Centre and Parker's Landing, and'$2 50 at Rouseville. The Philadelphia market re mained du and entirely nommal.. Refined quoted at 1940. a 19}, Later we heard of sales in New. York, made late last evening, of 2.000 bbls. iy delivery at Whe ; 4,000 bbls. of crude, in aiid order, at Me. and to-day 2600 bbls. of renined for” hrst all o June at 20340. ; 50) bbls. of crude, in. bulk, at 9c. in, Phlladelpliia, 300) bbls, of rettued for May at 197-166. Goehpts—Hork, 2763 ef, 100 pack. bbls. ; 7 bb\s. and tierces and market or mess pork was quiet, but firm. r or the future months quoted nomi- nally at$i8._ Ina, Jobbing. way about bbls. were placed at from $18 25 a $18 37% cash, and 20 bbls. of clear mess at $20. Bacon wasdull and nominal. Long clear quoted at 93gc., and short clear at Co Dressed hogs were unchanged. City quoted at 734 a T%e. for the range of heavy to light, Beef—The market remained quict, but steady. Ina jobbing way about 300 packages were placed at prices within the range of, $10a $11 tor new Plain mess bbls, $12 a $14 for do. extra do. bbls., $20 a for do. prime do. tierces, and $23 a for do. Indian do. tierces. Beef hains were neglected aud nominal at about $23 a $33 for Texas and Western. Cut meats—Trade continued moderate In a wholesale , but the jobbing business was fuir at steady prices. rd of sales of 50 boxes dry salted shoulders at 7%c., 5,000 bbls. of pickled do. at 734c., smoked do. quoted ACHIGe. | BW boxes of bellies, Ii Ibs. ‘average, at 10c, ; 5,00) Ibs. of do., 10 Ibs. average, at 10! 15,00) Ibs, of do., 12 Ibs. average, on private terms, and 260 smoked hams ‘on private terns, Lard—The market for Western wes quiet, put about steady. Steam quoted at . a Mee., Cash, aml sellers the month. We heard of t 150'tierces of choice kettle at 9 9-16c., 750 tierces, for June, at 9 9-16c. ; ‘500 tlerces, for do., at 934c.; 1,000 tlerces, to’ arrive, ai 97-16c., 406 tierces of refined on'private terms, quoted at Sisc. a be. City was quiet andsteady. Sales 10) tierces at 9. Rick.—Business coutinued fair in both domestic and foreign and prices were firm. The sales comprise :—30 tierces Carolina at Tae. a 83gc., and 9c. for fancy ; 600 bags Rangoon at 6%. a 7c. ‘Sugan.—The market for raw continued strong under a. continued good demand. Safes were reported of 1,042 hhds, Porto Rico at 3e., 1,080 hhds. of fully fair to gooc Fefining Cubas at Sc.’ a'ic.; 1,000 boxes centrifugal at 934c. Refined was in good demand and firm; quoted at 103c. a 1030. for Standard A’s and Ic. a 1130. for hards. e quote ‘—Cuba—Refining, inferior to common, 7¢.87%c. far to good fair, Ze. Se.; good to prime, Bye. a Sic. Hcery Jair to good, sh) a 8 ij p choice, sc. a4 centrifugal, hhds, and Boxes, 8c. a 940.5 molasses, hhds. and boxes, a 7c. Kavana—Boxes, Dutch standard, Nos. 7 to 9, 7c. a 7%c. j do., 10 to 12, 8c. 2 83gc.; do., 13 to 15, Bc. a ¥4C.;do. 16 to 18, 93gc. & 10c.; do., 19 to 20, 10Ke. ‘a lize. ite, 9c. a10%c." Porto Rico—Refining, common to. prime, 7c. & 8i4c.; grocery, fair to choice, Hc. a 4c. Brazil—Dutch standard, Nos’ 8 to 12, 6%c. Java—Dutch standard, Nos. oe 12, 8c. a 8c. Manila—Superior and extra su- perior, TE Sxxps.—Linseed remained very quiet, but was firmly held at $270. gold. Clover met with a fair home trade at steady prices. Sales of Western at 8igc. a 8\c. and of State'at 8c. a9e. Timothy was scarce and very firm): held; quoted at $4 75 per bushel. Rough flax was dull and more of less nominal at $2 25 0 Tonacco.—The demand for seed leaf continued light, but prices’ were not essentially changed. We heard of sales of 50 cases of sundries, crop 187), at 9c. a 10c. ; 100 cases of do., crop 1871, at from Ic. Sc. Kentucky was also quiet, "About 100 bhds. sold at from 7c. @ l4c. For- eign was in fair demand, with sales reported of 300 bales of Havana at ic. a 92340. Tanrow.—The market was quiet, but steady. We heard of sales of 20,000 Ibs. at from S¥c. to 9 I-16e, for fair to strictly prime outside, Woo.—the market exhibited no essential change in prices, but remained dull and weak. We have only to Note sales of 20,00 Ibs. of X fleece at 50c., 20) bales of Cape at S5c, a 36c., 14 do. of Spring Calltornia at 26c. 1,000 Ibs. of scoured Texas, 104 bags of super pulled and 30 Dales of New Zealand—all on prtvate terms, There were rumors of large but we were unabie to learn the particulars. Watisxer.—Recelpts, $77 bbls. The market was steady at the opening, but Lhe aha closed easier, Sales i bbls. at 9gc., and 400 do. latter price, at %c., closing weak at the DOMESTIO MARKETS, GatvEston, May 13, 1873. Cotton flat and nominal: good ordinnty, lie. "Net re- celpts, 181 bales, Exports constwise, 747. Sales, 200, Stock, 41,070. nee dea he fare kw ORLEANS, 3 Cotton in moderate demand,” middiings, 18!yc. & 18446. 5 low middlings, 16%c.; good ordinary, ha ordinary, 1280. Net receipts, 2,780 bales; gros receipts, 3,070, Ex: Ports to Great Britain, S121 bales, Sales last évening, 700 ales; to-day, 1,100. Stock, 140,098 bales. May 13, 1873, Moot jet Fecgings, 8 Cotton quiet; middlings, 17%. a 17%c. bales, Exports coastwise, 290. Sales, 400. Stock, 30,65 Cotton _stend idl Be Net receipts. hte jotton steady; middlin . Net’ rece! x bales ‘Bales, 701° Stock, 32977. a Witurxatox, N. C., May 13, 1873, Spirits of turpentine steady at 44c. Rosin quiet at $2 Bor strained, Crude turpentine steady $2 for har 25 tor yellow dip and virgin. Tar quiet at $2 75. Memrnis, May 13, 1873. Cotton quiet; low middlings, 17c, Receipts, 722 bales, Shipments, 690° Stock, 95,716. hu Oswego, N. Y., May 13, 1873. Flour steady, with a fair demand ; ‘sales dt 1,000 Dbia., at $8 75 tor So. I Spring, $9 75 for amber Winter, $1y 60 tor yhite Winter and $il for double extra, Wheat dull; les of 2,00 bushels No, Milwaukee Club. at $1 . smutty white Canada, at $1 92, afloat, Corn dull; sales of 4,00) bushels W t two carloads do., 5 inactive; uplake Canada two cars yellow, atélc. Bar! offered at $1 0S. Cornmeai ‘ 25 tor bolted, for unbolted per cwt. Mill feed dull; shorts, $19;'shipstuffs, $20: middlings, $21 per ton. Canal freights—Boats are loading rye at S49c. to New York and inmber at Hudson. | Railroad treights—Fiour, to Philad iH TY Boston, 6c. ; to New York, Sc. ; ‘to Albany, Troy Schenectady, 42c. Receipts by lake—di bushels of wheat, 82,0°0 do. corn, 5,500 do rye, 3100 do. peas and 634,000 feet of lumber. urrALO, N. Y., Ma: Bi 7 1, May 13, 1978, Imports by lake and rail—Flodr, 7,434 bbls: wheat 61,062 bushels; corn, 54.201 do, ; oats, bi20 do. Exports 0; rail—Wheat, 82,023 bushels; 1. 19,60 do. Flour steady; Western ¥) ring, $7 25 7 76a $8 25; amber, $8 50a h Wheat firm; sales of 2,00 Spring at $i 80; Chicago N. da, 4 $19) white Michigan, lower; sales of 5,70) bushels. No. 1,800 do, No. 2, in elevator, at Sc. nharbor, at 4%. Oat a 4, tn car lots, at 51 650 do. No. 2 afl les of small lots No. 2 quiet; sal ‘oledo at 45c., Western iixed at 440. Barley steady; Natada, 98e. 4 Sy No. Z Western, We. nO. two-rowed State, 84c, a Sc. ; four-rowed State, 9c. Rye nominal at oe. ‘Barley m it firm; Western, $i a $110; prime Winter Western, #1 lv a $115: prime Canada, $12) a $125. Rye malt held at 9c. Balance of market unchanged, Cmicago, May 18, 187 Wheat irregular and unsettled ; suleg of No. 1 Spring at 1 3654; No. 2do., $1 31, cash; rejected, $1.09. Corn dull and lower at fic., cash; 42c. a 424¢c. seller May; rejecte 40c. Oats dull aiid declining ; sales of No. 2. at 34%4¢., cas! 34440., seller June; rejected, dic. Rye dull and droopi + Wvixe, a 70e, Barley dull ‘and nominal at 720. a 80c., ac- cording t location : relected, 48¢, a Nc, Provisions quiet ca and steady. Pork sold at $17.90 $18 Lard—Saies Wave sian as $018 "Heusein plenio at a 2c. Bulk mewsts 40! ic. for shoulde: for short rib middles, 9%. for short les. Boxed meats quotable at 6c. a for 1 ders: 9c. a 94e. for short rib middles. $9 2, seller June, Receipts—6.00), bbls. | floug, ushels wheat, 33,000 do. corn, 42000 do. oats, 2,000 d and 1.00 do. ‘barley. Shipments—3000 bb! 000 bushels wheat, 64,000 do. corn, 59,000 do. 8,000 do. rye. Lonpox Monuy Manxer.—Loxnow, May 135 P. M.—Con- sols closed unchanged. United States five-twenty bonds, 1867's, 935. ; ten-torties, ew fives, 96: rie Railway ‘Consols ‘98% tor money anit 9334 for Hhewedount, “United dtates tive-twenty bonds, 156s, old, HO?'s. 894; fen-torties, £9; new fives, 894 and Erie mgt Mounas' nts, May 13—5 P. M.—Rentes closed at Corton Manxet.—Liverroot, May 13—5 P. “rf af cotton, upped trom grea gine shi ew Orle: Apel nd May, at 8 1S-i6d. The market closed quict an sendy. he tales of the day en 12,000 bales, in- 3 ae 000 "for speculati ort. Of the sales 000 “bales were from New’ Orleans, April and! Seiten shlpred May, 7. cotton — shi ed” from New Orleans, and June, at id, ‘Sale ip- ind ge" cna actu ed from Savannah deliverable in uly and August, at Middling uplands, @ market opened quiet, the last report, have Been 32.000 bales. —- RaDE AT MANCHESTRR —LIVERPOOL, May 18—P, M.—The maricot for yarns and fabrics at Manc| eater quiet ead changed. LivgRrooL Breapsturrs MaRxxt.—LtygRroo 2:30 P, M.—The market is firm average Gallfornia white; Ils. 2d. a 12 ter; 5 1 . Calitornia. The receip' ot corn for the past three days have been 0b) quarters incluting 7.000 American, The Feceipts of wheal for the past three days have becn 200 quarters, includinz 1,000 Americal Livenroot Paovisions, 0'P, M.—Hacon, 8s. 8d. for Cumberland cut. Cheese, Bs 6d: per owe Tor the bestzrades of American, Pork, per bbl, lor new prime ws Lavenroou Puopuce. MinKut-—Livenroot, May 13—8:20 P. M,—Peas, 398. por quarter. Loxnon Phopude Mauxer.—Lonpox, May 1S—Evening.— Calcutta linseed oll, 64s, 6d. Spirits turpentine, 6d. per cwt. Spirits petroleum, 10d. per gallon. pla hae asada BINANCIAL. A INVESTMENT BONDS. ‘HE NORTHERN PACIFIO RAILROAD SEVEN- THIRTY FIRST MORTGAGE GOLD BONDS, which we recommend as a profitable and well secured investment, bear 7 3-10 per cent gold interest, and have the following elements of security, viz. :— 1. They are the obligation of a strong corporation. 2. They area first mor ments, rights and franchises. 3. They are a first lien on its net earnings, 4. Thore is pledged, in addition, for the payment of principal and interest, a land grant of 12,800 acres per mile through the States and 25,000 acres per mile through the Territories traversed. The company is already entitled to nearly ten million acres of its grant, and its land sales thus far have realized $5 66 per acre. With nearly 500 miles of the road completed andin operation, the earnings for 1873 will be largo. All marketable stocks and bonds are received in ex- change for Northern Pacifics on most favorable terms, JAY COOKE & CO., 20 Wall street, New York. Ae SORE: BELMONT & Co. Bankers, 19 and 2} Nassau. street, issue Travelicrs’ Credits, available in all parts of the world, through the Messra, DE ROTHSCHILD and their correspondents. Also Commercial Credits and Slegrapnio transfers of money on California, Europe and Havana. Ae AND RICHMOND AIR LINE RAILROAD.— ‘This road, 263 miles in length, and forming a part of the shortest line between New York and New Orleans, will be gpened ina few care for through pusiness, The Asstié of frst mot eight per cent bonds is limited to $16,000 per mile, ‘the small amount remait ot ant ee ing unsold we if r and accrued intere: hp Ribas BROWN & CO., No. 1 Exchange court. shipments 0! cotton trom Bombay to Ae ed Wine MANKET.—LIVERPOOL, May 18— e on the road, its equip- —MONEY TO LOAN ON BOND AND MORTGAGE, and New seat Prinei- Broad- - fi. in New York, Brookl pals only apply to'SAMU ‘way, room I A. —LAPSLEY & BAZLEY, 74 BROADWAY, «in Stock and Gold Privilege: for 100 shares, $125, for ges ol Explanatory circular, with practic: reterences, mailed to 8. WOOD, Jr., first class nam al illustrations and ny address, A WHONBY (TO LOAN IN. SUMS OF $500) UP- « wards on Improve 'roperty; mortgas cashed; 910,000 fore good Leasehold, incipuis only need apply to W, H, HAYES & SONS, 81 Cedar street. GENTLEMAN OF INFGUENCE CAN MAKE $30,000 to $50,000 4 year income without investing capital; connection with eapitalists of good position onl! Recessary. Address, v ith miormation as to abilities an social standing, EPSILON, Kerala Uptown Branch office. A —SECOND MORTGAGE, WELL SECURED ON IM- «proved Hudson River pryorty, desirably, located. ior fale at a bargain. Princlpakapyis arial Brocdwac, room A ever MONEY. oa eat ANI TO LOAN AND .« buy Mortgages on eal Bx ; Ao bonus Address THUSTEE, box 2M Post olhee: NE AVID G. COTTING, LATE SECRE RY 1 ; DrrGeotia ates, Ge wilhaciend bey eth oy eg of Coupons of’ Bonds of State’ of Georgia ofthe old Bonds for the new 8 per cent those desiring to invest In the new Bonds, iq wilt eter all mformation desired relative to. Georgia aor uyftve He will also attend to the isis ts ‘of title, to lands in Georgia. Reters to Wrigh' rs HOB "Elnnin & Co. New Yor ep ant: Cashier Bank of North America. e FLASEINS &,BRAINE, STOCK AND GOLD BROK Eg sail, Broad stzeet Stock and | gold | privileges cialty. Any one can speculate with small ca; Ifule risk. ‘Explanatory elroulars matled, "Pt 4m ARTIES WISHING TO JOIN IN A COMPANY, RE- cently organized, upon a Utah silver mining prop- pd which tas lad tile! roepece of large and sued returns, are invited cal r full partic: Wall street, rooms 9 and 10.” coaabghee WARXTED—810..00 ON BROWN STONE DWELLING; sire eoen tnireo sks story tenements: all frst mort: s, property. ‘or sale, several smal irst "t- wages. pry WESLEY WEBBER, 92 Broadway. “TO 12 PER CENT. We make a specialty of County, City and School Dis- trict Bonds; guarantee legality of all bonds sold, collect the coupons without charge, or take same as so much cash on sales. Send for price list. The Law of Municipal Bonds, ast published by our senfor. should bg in the hands of all interested in this class of securities Two volumes, price $i0. W. N. COLER & CO., 17 Na: i stre 8 000 WANTED—ON BOND AND MORTGAGE 20; guiirat class Youkerseity property. Prin- ddress WESTCHESTER, Herald $10,000 2, °m Sanaa woe lerald Uptown Branch office, 1,265 Broad’ 5 a bis $12.50 ESTATE FUNDS, TO LOANSIN| ONE e ¥ wn Improved $ bonus. SSIMON, Jee 90 Nassau street. € WANTED—FOR ONE YEAR, ON PER- $20.000 sonal property, worth theres: times the amount, now In process of construction. Address E. J. L., box 150 Herald office, < $15,000, $10,000, ,000—TO $23.00, toes ee cond M es purchased. RUFUS K. McHAKG, 77 Cedar stre 0. ottice. $9,700, Toan on City jotary and Commissioner for every TO LOAN (WITHOUT BONUS).—I AM 50.000 pprepared to entertain applieetoas on improved City Property for sums under $10,000, GEORGE B, WALTON, No, 5 Pine street, room 12. EXE 7 MONEY TO LOAN—ON $50,000 cay, Eroperty; also First and Second 01 romptly cashed. tga HALL J. HOW, 12 Pine street. $80. O00 72,FQA8 AND TO PURCHASE FIRST . and Second Mortgages in New York city and Brooklyn; $68,000 for large city econd Mortgages. W. D, & F. BARTLES, 56 Wall streot. $1 50.000 7% -LOAN—ON BOND AND MORT. us eat ceaktge:,jithont bonus, for a term of ears, On real ¢: 4 Years on Fe STIN F. CON HEY; 162 Broadway, room 9, )() TO LOAN—IN SUMS TO SUIT, WITH $150.000 put bonus; $29,000 to buy wor tances 118 for where owners will Bey fy. FUDD, 68 Liberty street. ——___+>+_—__ AN HONEST OABLE OOMPANY PROPOSED. The Cotton Merchants Actively Engaged im the New Movement—Calumnies Dispelled. The members of the Cotton Exchange held a meeting yesterday morning to act upon the pro- ject of anew Atlantic cable, which itis proposed shall be managed fairly and honorably, in opposi- tion to the present extortionate monopoly which controls telegraphic communications with Europe. Mr. CRANSHAW, chairman of the committee which has charge of the subject, submitted a report re- ferring to an article ina morning paper which re- flected on the action of the committee, aud the action of the meeting in that regard, He said that he had never heard of the ‘Direct United States Caple Company” until the name had been mentioned in the Exchange at a previous meeting. Mr. HaRRisoy, who was in the chair, stated that he had not been asked to appoint any particular person on the committee, and had not inquired if any of them were interested in any other company, He felt satisfied that if any of them had been so they were too honorable to serve on this committee. Mr. M. B, Fre.pina offered resolutions, which were adopted, condemning in energetic terms the statements reierred to, and characterizing them as having been inspired by the blot nd dl against which they were fighting. The resolutions were as follows :— Resolved, That we heartily endorse the appointment of Te commitiee ante ent ten, ‘he Present hins ise played great Judgmes# and diseriinination in its compo- jon. Resolved, That the committee haye our entire confi- dence, and we strongly recomime: id. it to the press, the exchange and commercial houses of the country ; and we believe that, by prompt ana united co-operation of all in forests desiring relief from the present despotic monopo- lies, independence of them will be assured. The report of the committee was adopted, and the meotng then adiourned, REAL ESTATE MATTERS, | ‘Tweed’s Property Under the Hammer Ugly Rumors About Opposing West« chester Annexation—The Astors Said te Rave Joined the “Obstructives,” About two weeks ago an account was published in the Heratp of property belonging to ex-Boss Tweed, located on Broadway, commencing corner of Twenty-first street and running to within half of the block northward, which was advertised to be sold by Muller, Wilkins & Co., under a foreclosure. The sale was postponed, to take place twa weeks trom date, and the auctioneers promised that the roperty would be sold to-day withont reserve. Briginal cost ot estate, as urenased by Mr. Fairchild, was x ie steady increase of business prope erty in this vicinity will make it safe to say that half block is worth ali it cost originally, if not more, yet the attorney for the corpulent ex-oss appeared, yesterday before Judge Fancher desired # further postponement of the sale on the ground that “if the prop- erty was sold now it would be sacrificed, but if the was granted Mr, Tweed might raise the money to pay ot the $30 ,000 mortgage, and he was even now in negotia~ tion with capitalists for a loan to effect this purpose.’™ Judge Fancher denied the motion, and at twelve o'clock to-day the a.oresaid property will come under the ham- mer at the Real Estate éxchange and be knocked aowm to the highest bidder. by ‘The business of yesterday embraced the following transaction: BY MULLER, WILKINS & CO. 4st. DK. b. and |. 181 Reade st, 45410 w. Washing- ton st.,L 22.2x51.5. Calvin Swavens.... $16, Pt 4st, bk. b. id 1 Tol Mure a at bk. b. ani urra, Washington st, 1. 3ux92.6. BY BLEECKER, ON & CO. 2st. Dk. h. (front),2 st. fr. h. (rear), and 513 West Sit st, 175 tt ee lotay, Jease tor 20 2A Moen lh ai teri. ease 2A i: 20x34 block." H. Conrai 8 eee g14,000 the bill for the ANNEXATION AGAL All kinds of ugly rumors concernit Rexation of lower Westchester to New York, passea both houses of the Legisla:ure and now hands of Governor Vix for approval, are afloat to the effect that all manner of influence is brought to bear on his #xcel- leacy to ind from goad authority, 18 that the As a “Ebene: subject The story runs that the Astors i i} land ts added to the now over-crowded cliy of New Yorks the thousands of houses now owned by them will lose Im em Will be induced value and those now renting fro tot hi Mevards “3 jocate in the new wards ai ndea: live under and cultivate their own “vine ‘and ag tree.” It the report true then first attack from fhut quarter on the poor, atte considered hereaiter. Moneyed men no right to harass improvements, especially if the general public de- rives a benefit thereirom. The entire press has lauded the measure of annexation, on the same ground taken by fhe Haan, that the comulunity 1s the gainer by the face when accomplished, that we are sadly In want of more Toon, and can only dbtain more relief from annexing more land to the city, ihe most natural outlet we can have is the territory the Legislature in its wise jud, ceded to us by the overwhelming and almost unanimous Vote, notwithstanding the dire efforts against the bill by the “Mutual Admiration Society of Ebenezers,” whose appellation has since become a synonyme all over the country. However, Governor Dix has too much of the Spartan firmness in his composition to succumb to the narrow- minded, selfish biandishments of the “oppositionists,’® and he will not, it is believed, risk his reputation in veto- ing a measure in which a million and a half of people are 80 earncstly Interested. THK PARK COMMISSION and the forthcoming appointments are an seein topic In real estate circles. The real estate interes claim that their fraternity is entitled to one of the Com- missioners, and Mr. Louis J, Phillips is warmly pressed. tor this position. THE NEW POSTAL CARDS. oe, Three Hundred Thousand Disposed Ofon the First Day. A new era has dawned in the Post Office De- partment, but whether for wealor for Woe time alone caf tell. ‘The much talkedjof postal caid made its appearance yesterday, Postmaster James receiving an instalment of 375,000, Of these 300,000 had been sold up to three o’clock, and at five nearly the entire consignment was disposed of, ‘Thus for the first day this great novelty in cheap postage despatch was made a great success, Bank- ers and others who advertise largely purchased the cards by the 5,000. Before the close of the day @ large number ol these had the advertisement of the puEOn Geers printed on one side and directions on the other. One thing, however, is certain, in connection with this new system of cardg—the use of them de- pines the government of many a doliar heretofore invested in three-cent stamps, and the bulk of the postal card is no less than a single letter, the accommodation of the tiny pasteboard to the mercantile community and the public generally is very Grea the system is nevertheless to gteht use. Unscrupulous parties will find this a channel to vent their spleen on persons whom they cannot otherwise injure, and by means of sen slanderous statements, which any one may re: who sees the card, the effect may be at once noted, At the same time the postal card is made use of for conveying don mots of iun and witticisms. Of the three and a half hundred thousand passing thro yesterday’s mail many of them hk extreme! alte ‘or instance, an anxious husband sent word to his spouse “to be sure to have beans, as he intended to bring @ iriend home w dinner.” Another greatly admired the new system and writes to his triend that “this is the first postal card; make a note of the great progress of the age.”? A third begs his landlady “to prepare mush for his dinner in heu of the tried sole leather, he having a sore mouth and is able to eat spoon victuals only.”? Many more examples of the new plan could be given, bat the above is sufficiently indicative of the manner in which the system will operate. Taking everything into consideration the postal cards must prove a great convenience to the business man, and the cheap postage thus afforded ought not by any means be abused, A HAYLOFI HORROR, A Terrible Crash and the Crushing of Threc Men to Death in the Fall—A Coroner’s Jury Empanelled. Shortly after twelve o’clock yesterday afternoon \ terrible accident, resulting in the death of three Tn, occurred in the stable of James N. Manning, truman and hay broker, Nos. 44 and 46 Hubert stree. The stable of Mr. Manning was an old two story fame structure, on which the roof was raised several nonths ago by permission of the Depart- ment of Public Buildings, and some new floor beams pit in. Mr. Manning, Considering the loit of the stable safe, on fonday took in bushels of oats and twenty or more bale of,hay, sufficient, as he believed, to last him durioy the Sumer. ‘At the time of the accident, Mr, Nanning, John W. Kilmer, of Wash- ington street, aj Captain Jacob Bourghte, of the Catskill line Of sarges, were in conversation om the ground floor. aring the cracking of timbers, and apprehending danger, the men attempted escape from the irox, door, but were caught ant crushed beneath the falling timbers, oats, hay, é&c, The alarm was instantly sounded, and in & few moments the most intent excitement pre- vailed in the neighborhood, wisn was increased by the circulation of a report tha.a large number of persons were buried under the wings, Captain Petty, of the Filth preciny, soon learned of the casualty, and was speedily en the ground with a large torce of men, who immediately set ta work searching for those known toye under the ruins. Ina short time the bodies of Manning and the two other men named were rekoved, Mr. Manning and Mr. Kilmer having been Sitfocated, while the death of Mr. Bourghte was cused by fracture of the neck. The bodies were platd on @ truck and conveyed to the Leonard street police en ito. eae a ir, Manuing was thirty-eight years of native of Catskill, in this State, and lived righ West Twenty-sixth street. Mr. Kilmer was forty-one years of age, and lied at 328 Washington street, where he has left a wider and eg ae ate Cay in Bourghte was sy years of age, ani lived in Catskilly where he had aTamily. amar The condition of the loft and whether it was cone sidered safe to place such an immense weight on the floor will be a subject for thorough investiga- tion before Coroner Kessler, who has the case im charge. The inquest will take place at 11 o'clock next Monday morning, at the Leonard street lice station, but in the meantime Coroner Ke: and Deputy Coroner Leo gave permission to the relatives to remove the remains to their respective homes for interment, The following named entlemen were empan- elled as _jurors:—Conrad ttner, No. 13 Leonard street; J. P. Murphy, No. 34 City Hall place; P, Benjamin, No. 64 Leonard street; John Willtam: No. 66 Leonard street; ©. Vietor, No, 66 Leona street; P. Paulscarit, No. 76 Leonard street; W. B. Bird, No, 82 Leonard street; H. Blath, No. 84 Leon- ard street. FALL OF A HOUSE. One Mof Slightly Injured. The ola two story frame building No, 9 Mulberry street fell yesterday morning, burying beneath its ruins John Suifal, of 59, and George Unger, of 84 Ridge street. The men were soontaken from their dangerous situation by the police. Unger was first conveyed to the Sixth Precinct station house and from there to the Park Hospital, whire it was found his injuries were slight and extemal, and Suffal went home. The house was an oll tumbie-down affair, and had been vacant for sometime, It stood on the corner of Mulberry and Wort! streets, and was being taken down to make room for a factory. Suffal and Unger wee employed in| the tearing down of the place, and both got on a rope thicn wi Jastened to the chimney for the purpoie of teari PAT ote of the rear boarding. ‘heir weight started the chimney, and the whole mms of boards fell after it. The results of the accient were at first very much exaggerated, and the \oise of ite occurrence brought Captains Kennedy,Uiman and Clinchy, with the reserves trom thet res) lve precincts, but, the actual state of ape being ascertained, the police quekly re: turned to their other duties, The old nonse be: longed Fa elon ai of 11 Baxter stre¢; and ag nobody 18 seriously hurt he ought to fed my thas it was so quickiy and rapidly put outot a During the afternoon yesterday the timers ‘thes composed the structure became the plundr of the children of the neigiiborhood, who were post in- dustrious all the day carr, pris to their Lomes for ilrewood. nmechessts ————————