The New York Herald Newspaper, September 5, 1873, Page 8

8 FINANCIAL AND COMMEROIAL. Decline sof Bullion in the Bank of Eng- land—Is Gold Being Ex- ported to America? EXCHANGE NEAR THE IMPORTING POINT. Money Strong at 7 Per Cent Gold—An Uneasy Feeling in the Market, GOLD STEADY AT 15 3-8 A U5 7-8. The Government Sale of $1,500,000--- Twen‘y-four Bids. Secretary Richardson and Legal Tenders. The Geneva Award—The Modus Operandi of Its Settlement—The Last Payment To-Morrow. e A SICK STOCK MARKET. Prices Tending Downward and . Holders Unloading. WALL STREET, THURSDAY, Sept, 4—6 P, M, On ’Change to-day cotton continued in fair de- mand both for “spot and “futures,” and the market was firmer. Flour was in good request at— in some instances--advanced prices. Wheat and corn continued active, and were again higher, the market closing buoyant. THE FOREIGN MARKET. Our London advices by cable report that the® Bank of England has lost £18,000 of bullion during the week and £100,000 to-day. The latter move- ment, it is surmised, results from shipments to America—the rate of foreign exchange being now about the importing point. The weekly meeting of the Governor and Board of Directors took place to-day, but it was decided not to advance the rate of discount for the present. It therefore stands at three per cent. Should the outfow of gold continue, we may look for a change in the above figure next Thursday. The Bank of France has also lost 1,000,000 francs during the week. The rates for money are as hero- ‘tofore quoted. Erie was strong and active 4n London in consequence*of the recent report of the directors, which, teing cabled, was doubtless published this morning. It is said, in this connec- tion, that the programme of Mr. McHenry, on the other side, is to advance the price of Erie pending the arrival of President Watson, who sailed yester- day, in order to facilitate the efforts of the latter in‘eflecting @ new loan. The price opened at 47%, ‘went rapidly to 483, but at the close fell off to 47% 48, The Paris Bourse was quiet. American se- curities steady. The following are the late London guotations:—Half-past four P. M.—Consols for money, 923 a 9214; do. for account, 924 0 925; five-twenty bonds, of 1565, 954 a 9534; do., of 1867, 9634 @ 953%; tem-forty bonds, 9034; new fives, 915; a 91%; Erie Railway shares, 477% a 48; new French loan, 75; per cent premium. THE MONBY MARKET. At the opening of business to-day money was easier on demand loans, and, until about noon, ranged irom 5 to 7 percent. Subsequently the rate was advanced to 7 per cent sharp, with several transactions at 7 percent gold; but at the close of the day it fell off to 6 and 7 per cent, though with but few offerings at these figures, Wurrency time loans are quoted at 7 per cent gold Jor thirty days, 7 pér cent gold and + commission for sixty days, and 934 @ 10 per cent for the Dalance of the yeur. Time loans in gold were easier to day, being quoted at 7% a1 per cent for use for S0days, 1%; @1%¢ per cent for 60 days, 1% 1% for 90days, 1% a@1% per cent for the Dalance of the year and 14 a1}, per cent for six months. Foreign exchange was dull and tower, prime 60 days sterling having sold at 106% and sight at 10754, the nominal rates being 10734 a 107%. Good sterling sold as low as 106% a 106% and | 407% a1074g With commercial bills at 106 a 10634 GOLD 115% A 11534. The interest which attaches to the present and prospective value of gold continues unabated, and he various changes reported are anxiously Berutinized im the hope that they may afford some clew as to the future course of the market. It is generally conceded that merchants have been Jarge borrowers, and thus created an extensive short interest which gives an opportunity to the party who control the bulk of gold practically to make their own terms, It ls a noteworthy fact that every Wednesday and Thursday the price is materiaily lower than at | othqs periods during the week, when ne disturbing plemMit exists in the shape of a sale of government god, To-day the figures ranged from 115% to 115%, the Jatter fraction being barely touched late in the day, with a prompt rally to 1163, a 1155. The ductuations were as follows :— 10 A.M.. iz P.M 20:15 A. M. oP, M L A. M. 0 P.M, 11:01 A. 1 A A123 A. 11:25 A 12206 PlM. 0015. 11534 The operatious of the Gold Exchange Bank to-day werc:— Gold balances $1,853,761 Currency balances..... 2,265,149 Gross clearances. . 268,000 ‘The rates paid for carrying to-day were 2, 1, 3, 4, ©, 5, 7, and 7 per cent gold and for borrowing flat. CLEARING HOUSE STATEMEN' Currency exchanges. ... Currency balance Goid exchang Gold balances..... THE UNITED STATE: The balances in the United State the close of business to-day wer Currency .. Special depos redemption of certiti Coin... . - $04,452,061 213,243 Treasury at + $12,048,169 for duclud tifleat s3ah} 46,143,100 The Assistant Treasurer to-day paid out $80,000 on account of interest aud $6,000 in redemption of five-twenty bonds. The custom receipts at this port to-day were $580,000. The custom receipts at this port for the week ending August 40 were $3,278,998, There were twenty-four bids for the govern- ment gold to-day at the Sub-treasury, aggregating $5,500,000 at from 114,25 to 115.65. The award of $1,500,000 was made from 116.60 to 115.65. The steamanip Silesia, sailing to-day for Europe, took Out $95,000 silver bars, THE REISSUR OF LEGAL TENDERS. Judge Richardson will recommend Congress that 4 » the laws which directly or by implication author- ize the reissue of the $44,000,000 of legal tender reserves be repealed, and is understood to hola ‘with the minority of the Senate Committee on Finance that while the limit of the minimum re- duction of the currency was fixed at $356,000,000, the law fixing the maximum circulation at $400,000,000 was unrepealed, THE GENEVA AWARD. The settlement of the Geneva award of $15,500,000 is drawing to a close. So quietly have ali the arrangements been carried out, so delicately have tne bankers to whom was entrusted the task performed their work, that scarcely any percepti- bie influence has been telt by the transfer of this darge amouns, A vortion gf the samg, in gold, was deposited in various banks several months ago, and gradually coin payments have been going into the Treasury during the interval. Hence the gradual aud steady loss of gold im bank reserves noted for several weeks past, The last payment of $1,000,000 will be made to-morrow. The other Portion consisted of cailed bonds, which, with the gold being deposited with the Treasury, written receipts, something in the nature of gold certifi- cates, were given therefor, made avaliable on and after September 6, When Saturday arrives, the party engaged in making the settlement will de- liver to the British Consul at this port the last of these receipts, who will transfer them to the British Minister at Washington, who will hand the same to Secretary Fish. The latter will then give to the British Minister a formal release. RAILROAD BONDS. In this line we note sales at generally steady prices of the following:—Micmgan Southern sink- ing fund, 104%; Lake Shore dividend bonds, 96; Union Pacific Railroad, first mortgage, 80% a 8024; Union Pacitic tens, income, 584s a 594; Toledo and Wabash first mortgage, 9544; Great Western first mortgage, 1888, 943;; Morris and Essex second mortgage, 99; Ohio and Mississippi consolidated, sinking fund; 9114; Milwaukie and St. Paul sevens, gold, 88; Milwaukie and St, Paul, lowa division, 81's; Boston, Hartiord and Erie first mortgage, 31 95134; Toledo and Wabash first mortgage, St. Louis division, 89%; Delaware and Hudson Canal Com- pany, 113%; St. Louis and Iron Mountain first mortgage, 9634; C., C. and I, ©. first mortgage, 89; do. do, second do., 69; Cedar Fils and Minnesota first mortgage, 784; Burlington, Cedar Rapids and Minnesota firet mortgage, 8634. ‘The following were the bids as amended at the call:— New York Cen t's, '83.. 921g New York Ceu 6's, 'd7.. $1 Dew York Cen Us,re.. 0 New York Cen 6's, sul Tol & Wab con conv... 84 785 Alb & 8usq 2d 04: Alb & Suso fd be Chic, Bur & Q's, Mich co iy ¢.2d mie 3a Micn 50. & NT o Pitts, £ Wo & C sp ce D1 Cis Clev'& Pitts con sts... 9b Clev & Pitts Sa "4 Clev& Pitts 4th m. Chie & Aiton Ohio # alissco 9 pt Louis& i at ; 49% StLouls 4 1 Mdm Mila StP 7's, gold, RD $3 Mi & StP Istm. La Cv 87 MA ASeP ist ini & MD Si Milé St P fd m........ Bg Joliet & Chic Ist m. Col, Chic & Ind C ® Col, Chic & Ind € 24 m. 69 Tol, Peoria & War, WD 86 Tol P & War, Bur Div. 3% 816 Ta iiss D Luke shore div bd: Cep racic goiu bi Western Pacitic ba Union ore Tol, Peo & War con 7's. hic & NW cou ¢ bd Bost,H & E Ist’ m ber Lack & W 24m Rost, H&E etd. To} &Wab Iatin Std sort Bursc, Rie Min ls Ts Tol & Wab equip bas., s 6 SU" PAR TES, BANK SHARES were fairly active, with sales of Bank of North America at 100, Central National at 92, German- American at 993g, Bank of America at 152, Union Bank at 154 and Metropolitan at 132. SOUTHERN SECURITIES, The dealings in these show little or no change. Virginia sixes deferred sold at 12, Missouri sixes at 91144, new Tennessee sixes at 82%, old do. at §2%;. The following are the closing quotations :—Tennes- see sixes, old, 823g; Virginia sixes, old, 42; new do., 50; Virginia consols, 513{; Georgia sevens, new, 89; North Carolina sixes, old, 2734; do. Fund- ing act, 1866, 17; do. do., 1868, 1534; do. new, 16; do. special tax, 10; South Carolinas, January and July, 14; do., April and October, 29; do. L, C,, 1889, Janu- ary and July, 25; do. do. do., April and October, 20; Missouri sixes, 9114; do., Hannibal and St. Jo- seph issue, 88; Louisiana stxes, 45; do. do., leveg bonds, 55; do. eights do., 54. GOVERNMENT BONDS % were dull and lower, as a sequence of the reduc. tion in foreign exchange, which forbids®the ex- portation of bonds with a profit. At best, how- ever, there is still a want of bonds in the market, except of the issue of new fives, for which there has been a good counter demand from Western bankers, The closing rates were as follows:— United States currency sixes, 113% @ 113%; do. do. 1881, registered, 117 @ 11714; do. do., coupon, 119%; a 119% ; do, Nve-twenties, registered, May and No- vember, 116'4 a 117; do, 1862, coupons, 116% a 1173; do. five-twenties, 1864, do, 1178117; do. do., 1865, do. 118% @ 1184; do. do., 1867, registered, January and July, 11644 2117; do. do., 1865, coupon, do. 11644 116%; do. do., 1867, coupons, do. 1184 a 118% ; do. do., 1868, 11734 a 118; do, do, ten-forties, registered, 1134; do. do. coupon, 113% a 11334; do. do,, fives, 1881, registered, 114.4 @ 11434; do. do., coupon, 11444 a 11434. i THE STOCK MARKET, An illustration of the fact that it is easier to tear down than build up was furnished to-day by the eccentric fuctuations and final weakness of nearly all the shares offered at the Stock Exchange. The market was active enough, but from the start thoroughly obédient to depressing influences. Owing possibly to the increased rates for money ‘or the anticipations of a “squeeze” in gold, or ‘both, the disposition was general to sell, and it is safe to say that a jarge proportion of the stocks sold were unloaded by the real holders thereof, Western Union commenced busi- ness at 92, declined 3 per cent, rallied to 92, again went off to 91% ‘and ‘finally sold at 90%. In con- nection with this stock, which for so many weeks has been a favorite subjegt of speculation, it may be urged with propriety that there 1s no time when | the financial public would more warmly welcome a statement of its condition than at the present moment. Few persons, even among those who are freely speculating in the stock, know anything more of this condition than they glean from the thousand and one rumors flying around the street, not a few of which are calcu- lated to do injury to the company, and all of whicn might be corrected or silenced by a frank, truthful exhibit of its affairs. If this were made, even before the meeting of the Board of Directors, it would do much to satisfy the large retinue of its friends, who are now operating in tne dark. Pa- cific Mail opened at 44, sold down to 437%, up to 444, down again to 43% a 43%, and at last declined to 43% a 43%. Lake Shore receded from 92% to 92, New York Central, from 104% to 104%. Rock Island opened at 108%, sold at 1083, @ 108% a 108%. Erie feli off from 59% to 59, Union Pacific closed at 264;—a loss of %. Wabash fell off 68% a 69 to 67%, the last sale being +5 better. C., C. and 1. C. opened at 30% and closed at 30% a 30%. Ohio and Mississippi ranged between 88% a 8834. Northwest common declined from 68 to 6134, rallied to 62%, but finally sold at 617%. Milwaukee and St, Paui went from 5034 to 4934. Atlantic and Pacific on small dealings sold at 26:4 & 26; Hannibal and St. Joseph, at 3734 a 37. HIGHEST AND LOWEST. ‘The following table shows the highest and lowest prices of the day:— Highest. Lowest. New York Central and Hudson River stock consoliduted..... 1047 10434 Erie.. 59% B8% Lake Shore 92% 92 Wavash.... aoe 69 07% Northwestern ...... 63 61% Northwestern preferred. 80 80 Rock Island. 108% 10814 Milwaukee and St. Paul 5046 49% Milwaukee anu St. Paul pref. 70 70 Ohio and Mississippi. vee 88% 38% Wnion Pacific... 26% 2635 yc. and 1.0 30% 30%, estern Union. 92 90% Pacific Mail, 44% 43% SALES AT THE NEW YORK STOOK EXCHANGE, Thursday, September 4=10:15 A, M. $3600 US 6-20, 6, '08...., 117% 10 A. M.—Before Call. 200 shs West Un Tel. 00 shs NYC AHR... 104% i Rs issase 80) dc «88 104 wy do. 40) Erie ft + OM an do, es 0 do. 59% 200 do de 50% Ww 2 do ou ow do Ete ’ do. 6 1900 Un PRR Ff y do. 108 ¢ 10) Rock I 7 40) Bu x0 First Board—10:30 A, $10000 Va 6’, deferred. tise UG Ach Somat... 104 | $10000 Tenn 6s, new. 2.0 Pag M58 Co. Ww 10 Ada $3000 Tenn 6's, old... 5000 Lake Shore div b 2000 Un Pac Ist m.... z z u Yi g z 6 200 Harlem 10... c » 130: 10000 Un P ‘id's, inc.560 130, 10000 Tol & W Ist. . b-4 129% 1000 Gt West Ii Mich u) 2500 Mor & Es . 9" 18 do. 90 1000 Ohio & Sie OL 8 aM ; 8g 1000 ae 92 Beg Boca . 9. 96% 600 $93} a” 100 do. 9 Bf Bocca sg B55, 200 do. ca 100, ao. 1200, ao Mild 5t &) M SEERSEESEESSSESEES KEES SRESERISVARRSRARSRSe ees: 12:15 and 2:15 P. Me 67.be 118% $10009 US 10-40, ¢.. bo 113% Bi... ta 0) US Oa ete Sse be 7% 12330 #2! ae 39, rg P. M.—Before Call. 100 shs Un Pac RR..s3 500 do. ms ix. 59 2100 do... lu C&N WR. Second Loard—1 P. M. 600 shs C & Pitts, gtd... 86% uN U Pac 1's ine.b 6 10) Oe NW RR + luou T & W_ Ist, st L ‘23, 108 0 Bo Be a 2 H 300 do. 2582 60 do 26% 100 P, Ft W 9334 27 Mor & we ony 100 Ue & Ait Rit..b¢ 10S 400 T, W & W RR. . 67: 200" do. be 67, 50) a 6736 100 ai 61%, lw al . 6F: wa or Lov ao. . OF 200 Ohio & Miss. 388 400 co. +. BBM we, care be 3 2:30 to 3 P.M. 400 shs West Un T 4 100shs C4 N W RR... 61% 20 10) © & N Wo 7m i, 20NYC&H KR, 20 ‘ 20 300 500 500 200 10 140 on arie Bo) W0 Rock 100 Mil & 200 Pac M 8: 2° do 300 30 1000 ccc) 200 100 800 300 400 WwW 100 20 1 CLOSING PRIGES—3 O'OLOOK P. M. Western Union. 90% a 90% Wnion Pacific.. 26 a 26g uicksilver pl... 47° a 50 Pittsbu 86% a 87 el, L&W Chan p2 Adams Ex. Lake Shore... W% a 92 COMMERCIAL REPORT, ET TEESE Firmer— Flour Cotton Active and Firmer—Wheat and Corn Higher=—Oats Better—Grocerics Quiet, but Firm— Pork and Lard Quiet and Unchanged=— Petroleum Quiet and Steady—Spirits Turpentine Steady—Rosin Firmer— Whiskey Dull. Tuorspay, Sept. 4—6 P. M. Trade in general merchandise was still active and the markets were buoyant. Flour and wheat were active, and there were further large sales, in advance of arrival, at a material advance in prices, wholly on foreign account. Corn was also active and higher, though the demand was mainly on speculation on Eastern account. a good demand, Whiskey was dull and nominal. Provisions remained comparatively quiet, and values experienced little change. tinued im demand and the market was firmer. Groceries remained quict, but very firm, particularly for coffee, Petroleam was quiet and unchanged. Spirits ot turpentine ruled steady, while rosin was in demand and drmer. Corrox.—The demand for spot dotton continued fair and the market firm, quotation revised showing an ad- vance of 3c. on ordinary and good iniddling and ye. on all other grades, For future delivery a jair business was reported and prices were a sh eluer, We quote :— Uplands, 4 tN. Orleans. Texas, Ordinary. ft) \, 14% Good ordinary. <2... 17\2 754 we Strict good ordinary és, IS% 15% Low middling... an 19% 19% Middling....0. 0.00... 20% yi 24 20: Good middling...:.. 2246 whe 22g aug —The quotations are based on cotton in store, running in quality not more than half a grade above ur be grade quoted. ‘The sales were — Ot ane To-Day. Last Eve'y, Total, . aM ‘91 Export,.., 4 Consumption 169769 Speculation Tia 180 Total bales.......... eee lil Lert 310 includedin the above are Jai bales to arrive. For tuure delivery (basis low middling) the sales’ have been bruary, HO at ise. Total, 200 pales SP. epee ul t 18 11-16e., 00 at AS ig0., 20 wt 18% 18 f ie. 204 hy 18 11-1be,, 100 at by 13.166. (no 1 We, wt 13 1) -ibe., 1,000 at Is 25-32e. ; r, 600 at 18¢,, 200 at Zo, 2,800 at Ise., Moat 15 1-B2e,, 2) at I8e.; December, ge, j January, 2) at 7c! February, So at 800 bales. Grand total, 14,00) |ales Frek—Che market continued quiet, but hol tested increased confidenc vices from abroad. Saies were Kio, ex Christina, wnd 1741 bags, terms. We quote:—Rio, ordinary cargoes, 2 fair cafgoes, 2c. & Z13¢c.; good cargoes, ZA i ‘eme range for lots, 20%46. c. a 20! c. ca, 1 Mexicai c. , Caracoa, ‘and 440 bags; oats, 8,600 da the market ruled firmer under a ood demand, especially h for shipping extras, which were again lc. a loc, higher. The sales foot up about 17,00) bbis, including 9,000 bbla, extra State, to arrive An all September, at $f omad atl Was Arber agg on fale 100! 1 | @ 9c.; centrifugal finds! ant boxe Bt Louis straaght ext Vouls’ straight extra. BE Louis chaito double extre St. Louis, choice tamily SO OE SEP ED Er EPEr EEE EEE EEE ° =. = 9 we? were hoo uel Cercscouve 2 oi Fupoheone. ‘a eat was active, and 2c. higher diate delivery, and jeare fales, wero. about” 380,000 Duatits ot sessensess: & Bat cwwcse 3 5 iS 3 o? for for rE ¥3 z ee ES med Rha tember to and $1 62 WI fide" ats ushels (part ing), 650. tor ‘comin oe. oatse, for ne aa c. for or prime mixed, 67c. a b8c. for yellow and 70c. ‘white, Oats were firmer and in fair demand, ‘the sal reach about 50,000 bushels, at 45c. a 47c. for Western mixed and 48c. a 50c. for white. Barley and rye were inactive and nominal: Faeicuts.—Business in berth treights has been mod rately fair today with rates on Free ruling @ sha easier for immediate shipment, but for other produce market was st Vessels GT jos in tair nts were :—To Liverpool, b; bushels of grain for this week's sh pout vk 2,000 bushels of do. for next week do. at dard "bushels: 150 hhds. of tobacco at 50s. ; cheese, 70s. ; bales of wool at 516d. ; 1,000 bis, flour, 44. 'Sd.; 450 bales cotton at 16d, To London, by steam, 200 tierces of beef, at Se. 6a, : 2,100 boxes cheese, at 70s, ; 100 bales of hair, at 60s. ; 15,000 Dushels of rain, late yesterday, for October shipment, at lod. ; and y sail, 150 hhds of tobac s.; and 600 bbis. rosin, at 58,3. To Glasgow, by steam, 2.000 boxes cheese, at ‘The charters inclide:—A British brig, hence’ to Cork, for orders, 1,600 quarters grain, 10s. ; a Norwegian ark) hence, saine voyage, %700 quarters ‘grain, at 10s. ; an Italian bark (relet," hence to Penarth’ Roads, for orders, | 2600 quarters grain, at Austriun bark, hence to a dire ort, 4,600 quarters grain, at 10s.; quarters 08. 5 & 4 tons, hence to Port au Prince, general curgo, on private terms; a British bark, hence to Gibral- tar for orders, 2,000 bbls. of refined petroleum at 86. ; Italian bark (relei), hence to Odessa, 12,000 cases of re- fined do. at Sdc.; @ British ship, to arrive, hence to a direct Continental port, 7,000 bbls. of refined petroleum on private terms; @ ritish bark, about 700 tons, hence to Australia, general cargo, ata lamp sum. Motassex,—The general market was quiet, but ste We heard of a sale of a cargo of St. Johns, comprising 3/2 dates?-tt6 hh “or Cabs, Gar dos of Porto Rico, 258 dor jate >—! 8. of Cul . lo. of Porto Rick 68 do. ‘of English Islands and 20) bbls. of New Orleans. We quote:—Cuba, centrifugal and mixed, 18c. a 220.1, do. JO. 10, grocer, . & Cj orto ico, a ; Eri rand 00. ; New Orleans. S8c. 0 88c.—ail Naval Srores.—For spirits of turpentine the market ‘Was quict, but very firm, closing at 44c. for merchant- able. We'heard of sales of 25 bbls. at 41c., 45do. at 44c. flat, and 6) New York bbls at 45c. Rosii—The marke! ‘or strained was irregular, but very firm, We heard of sales of 650 bbis, of good strained at $$ 27 # $3 30; 108 do. $3 25; 250 do. of low No. 1 at $3 6244 a $375, and (0. 2 at $5 25, Tar was neglected. Wilmington $4 7 a $5 for rope. PerxoLeus.—The market for refined was inactive, but firm for spot, while for the {uture months prices we! rather € noted at I7e. tor prompt delivery, 16% for Ia of month, and 1570, for October, November and December. Crude, in bulk, was dull and weak, at 5c. for prompt delivery or futures, Late yesterday a sale was made of $,000 bbis.. deliverable in lots of 500 bbls. t each week during inder ot the year, at 60. es were in request, and iirm, at ic, a Zig. Naphtha was dull and weak, at 1c, tor city. The Philadelphia market was quiet and weak, Refined quoted at 15%c. for remainder of month or future. Late yesterday 6,000 bbis. sold, tor November delivery, at 15%¢., and 10,00) bbls. for October, at 15%. ‘The Créck markets were qniet and about, steady, quoted as follow! il City, $130; Titusville, $1 35 a ‘$1 3744; Tidiout, $1 16; Parker's Landing, $1 10.8 $1 16, Pnovistons,—Receipts—Pork, 3,003 bbls. ; cut meats, 25 packages; lard, 1,562 bbls and'tierces. For mess pork the market was dull and nominal; $17 373g was bid September and $17 5) a $17 (23 asked. Last evening 50) bbls. sold for September at $17 50. Bacon continued dull and the market weak. Long clear quoted at Baye Dressed hogs were dull and again easier; quoted at from 6i4c. a 7c. for the range of city, Beef continued quiet and unchanged. In a distributing Way about 80 packages wore placed, at prices witht the range of the following quotatior mess, bbls., $9 a $10 50; extra do., bbls. $1125 a $12 prime mess, tierces, $17 a $21; Ln do., erces, $21 a and extra India m im nes, $23 a $26. Beet hams were nominally stei 18 a $28, as extremes, for Southern and Western. Cut meats ‘were only in moderate request, but prices were not essentially changed. e ohave only to note — sales of SCO city ickled hams at i2¥ec, 700 smoked do, at she. pickled shoulders ‘at Sigc., and 250 smoked do. at 9c. Lard—The market was dull and Weak for Western, which was offered at the close ut 8340. for eptember and 8%. for October. We hcard of sales Of 350 tierces for September at 8c. ; 600 tierces rumored ‘at#igc., cash ; 250 tlerces for February at Sigc. : 38) tierce: off in grade, at 8c. 500 tierces for October, tu evening, at to. City wasa trifle firmer; sales 350 tierces of prime at 8%e, ° Kick.—A moderately fair “trade was consummated to-day in a jobbing way with former prices current. The sales foot up 25 tiereos of Carolina at Sic. a.9%c. ; 300 12) bags of it bags of Rangoon at bie. a 67%c., and 12 uGaR.—The market for raw sngar continned very C. WT%C. quiet, but remained firm at Sige. a Sige. for iair to good Fenining. | We have only vanet sates Ot 6h £ trifugal at 9¢c. a xes of mol Refined met with a fair demand at full Wait, Creighton & Morrison report th receipts as follows :— Ehds. Stock (ascertained by actnal count, including specula- tion), September 1, L 85, Receipts since September 1.. Totals. Sales since Stock thisday, September 4, Dube Sees soaks Say Ne OST RARE at om} wi st p> pucinners it ; 80,194 76,230 190,284 4,755 mparing wi creer, AST "68,279 99,481 345,791 8,798 Comparing with stock, Sep- tember 6 1870, wots, 82,699 119,505 505.227 864 —Cuba—Refining, interior to common, 7c. a'7%c. : fair to good fair, Sigc. a Siac. wo cs srocery, fait to good, Sic. a Bic. 5 1. bhds. ai To. & Be. mates 4c. tT ‘ana— Boxes, Dutch 8. 70 9 Tie. a B4C.; do. 10 to 12, 8%¢. @ B%e. 1 do..'I1S to 15, Vie. a V4 1b to 18, 9c./a 13¢c.; do., 19 to 2, 10%c. w 10%c.; white, le. a lic’ Porto Rico—Refining, common to prime, 7%c. a Bhat grocery, fair to choice, Sige, a 9c. i Duwh standard, Nos. 8 to 12 'Tc. standard, Nos. 10 to 12, 839c. extra superior, 73¢c. a 83s) .. BTEARINK.—The iarket was quiet, with prime Western treely offered at Sic. 000 Ib’. common at 834c. Sal cording to iskey.—Receipts, 793 bbls. the decline noted yesterday. Sales 125 bbls. at DOMESTIC MARKETS. Gatveston, Sept. 4, 1973, Demand good; ordinary, l2iyc.; good ordi- c. @ 15\gc. Net receipts, 46 bales. Sales, 134. New Onutaxs, Sept, 4, 1878 Cotton quict and firm; middlings, 18%. middlings, 17 food ordinary, “Ide. Net ceipts, 214 bales; Bross, 293. Sales, Stock, 1. ality. Monttx, Sept. 4, 1873. Cotton firm; fair demand. Middlings, I dlings, 16%c. Net receipts, 145 bales. Exports coastwise, qT. Gores, 15). Stock, 6,760 AVANNAH, Sept. 4, 1873. Oats were also firmer, under Cotton con Last evening, after So'clock—October, 100 nd ninety days’ credit; a 2e.: do. 4.901 (grass dp.» de. «2.5 Ceylon, Laguayr a Jc. ary a 2c. ted ; } Sojober at M6 Pog AL Gora mca? way dtu akg Sd atl 8, Cotton bare; middlings, 17$c. Net receipts, 303 bales, Stock, 1,759. * CuaRieston, Sept. 4, 1873. Cotton quiet:’ middlings, 18c. Net receipts, 32 bales; gross, 14. Sales, 100. Stock, 4,452. : Witinetox, N. C., Sept. 4, 1873. Spirits of turpentine firm at 4c. Rosin tirm at for strained. for yellow dip and virgin. Tar steady at $2 865. ‘Tovevo, Ohib, Sept. 4, 1873. Flour firm and in fair demand.’ Wheat active and higher, advanced le. a 2c., closing steady; sales of No. 3 White Wabash at $1.19, extra white, M bigan at $146, amber Michigan at $1 47s, spot; $1 46% a $1 47, reptem: ber; $1 47, Uctober; No.l red at $1.45, No.2 red at $1 4654, spot; $1-45, September; $1454, October; No.3 Ted at $1 43, rejected at$1 Zi. ‘No. 3amber Michigan at 1 44%. Corn in fair deinand and firm: sales of high mixed at 48% uc. a 4880, September; 9% We. ca Sle, November; low Ses no gale, A7c, wer }ac. 87e., Michigan at Ce at, to Butlalo, be, a 635 to Oswego ai We. a He. Receipis—s, uf 4 bbls. flour, 41,000 bushels whgat, 42,000 do. corn, 4.00) do. oats, Shipments—29,000 bushels wheat, 1,000 do. outs, Oswreo, Sept. 4, 1873. Flour steady and in good demand: sales 01 2,700 bis. at 7 75 for No. L spring, $8 72 for amber winter, $9 75 ior White winter, $10 25 tor double extra. Wheat unchanged ; sales of 1,50 bushels prime while Canada at $1 80: teo curs old No, 1 Milwaukee club at $155. Corn firm, but uuiet; sales of two cars at 59, Corn meal, $1 20 for bolted, 116 ior unbolted, per cw, Milliged unchanged; shorts 17, shi $18, middlings $2) per ton. ' Canal freights-<Wheat Tige., corn and rye 64. 10 New York. lumber, $3 25 to the Iiudson, $125 to New York, Kail: yoad freights—Flour to Philadelphia 60c., to Boston S0c., sto New York, 40c. to Albany 36c, - Receipts—19,300 bushels Wheat, 19,700 do. corn, 814,000 feet lumber. Shipments— shipstutts 1,700 bbis. flour, 9,30) bushels wheat, 2,000 do. corn, 1,365,000 feet lumber. Lake and rail im Fiour, 3,700 bbls. : 13,300 Burrato, Sept. 4, 1873. ts for the las twenty-tour ho t, 74.820 bushels; corn, 96,62) do. : ‘shipments—W heat, 168,581 bushels: oats, 4 jo. corn, 5s ats, 4,517 do.- Rail exports—W heat 36 bushels; corn, 29,90 do; oats, 49,900 do. * Cal ircivhts—Wheat, 106 Western | spring, $0.5) ver, $7 a $850; white, $ Wheat very ware waukee antities of Mil: bushels C », 2 spring, to arrive 187. Quoted— Milwaukee No. 1 spring, at $1 50; 2 do, $1.40 & $1 42; Chicago No, '2 spring, $1 87 a $1 38;° white Michigan, $1 70 a $1 75. Gorn ic. per busiiel ; sien 10,000 bushels prime No. 2 at i Tofsce do high inixed at S55¢¢ 6,000 do. No. 2 at Sc. strong; sales of 12,000 bushels No. 2 at S8¢.; 2,000 do. blown at dc. Barley malt steady ; Kye ‘nominally 0c. prine winter Western, $1 0a $1 Other articles unchanged. Curcaao, Sept. Flour firm and in fair demand; sales of ¢: Wi ad pine rhe jr 3 juik meats ant danchanged. W: ay atiee wi ic. & Wc, closing with sellers 0) do, OApt $000 do. barley. demand. Sales 650 bbis., at 25 Kc 40 tareprize medal Brandywine held sti a"s4 We Sr Sekssarssslessuseunsesa |. \EXAS AND PACIFIC e. quote :—Vlain* TaLvow was in moderate demand and firm. Sales 1500 pe of prime city at S3sc., and 60,000 Ibs. Western at c. ‘the market was quiet at $1 U5. $e.; low mid- $260 Crude turpentine quiet; $2 (or hard, $3 35 7CoRn, 940. oats, Oe. Flour quiet; $7 a $3; ainver, strong; spring ‘firm; prime advanced rime Canada, $1 45. ing sol 104, Corn in fair No, 2 mixed, cash ‘Rye in fair deinand ir demand and spring. Do: bacon k and lower: st 9: . Freights— Lye l4e. 5 to et Receipts—6,00 Is. 24A,000 bushels wheat, 000 corn, 71,000 ata, 10,000 do. ye, 19.06 do, barley, shipments bbia. flour, 365,00) bushels wheat, 28,000 do corn, NEW YORK HERALD, FRIDAY, SEPTEMBER: 5, 1873.—TRIPLE SHEET. SE SE eee a ee ammEmERIaminaAnA SPY ese OF" tNekaanR-Reeanamel on the basis ¢ fred, ordinary. ery of the new crop on tne Daalict pont ordinary at Sid. The market is but ‘not quotal her. Mid- dling upiands, ; middling 4. iy bales, including 2.000 tor spec and export. wine. READSTUrS § Maxr.—LivkRPooL, Sept. P. M.—The market is buotant. Wheat, 12s. 11d. wi 18s. per cental for ave: Ci bite; 18a 3d. 13s £3" toe club do.,"and fis 94. 1235 84. Tor sea Westera spring. Corn, 803, 64. per qi y DON PRODUCE . . Sept. 4—Even- ing, +-Oalpatca linseed, Ga; splits farpentine, ‘826. per e Prrsotzum Manxxr.—Awrwer? Sept. 4—Petroleum, 89361. for ‘ne pale American. m FINANCIAL, scneschsacslanantatta AWAY COOKE. 60. . ‘No, 20 Wall street. ew York, Exchange on Paris, Berlin, Frankfort, erareaa Vienna. Cable Transfers, Circular Levers, Commercial! Credits, n JAY COOKE, MeCULLOCH, &Co., 41 Lombard street, London. Cable Transfers upon Yienna direct. T REASONABLE RATES—MONEY ON LIFE AND A ‘Endowment Insurance Folicles, Mortgages und other Securities Insurance of all kinds e‘lected with best companies, J. J. HABRICH & CO., 117 Broadway. " (ALEXANDER FROTHINGHAM & COMPANY OR ganize incorporated companies, make investments In mercantile, manufacturing and other pursuits for Halisis. ‘Haviiy European connections: also possess ( for foreign capital; nage solic ernk, ALERANDER FROTHINGHAM & stantial conee: COMPANY, 112 Broadway. (A. GMONBY,T0 LOAN, ON BOND AND MORTGAGE, « for a term of years, in sums from $5,000 to $30,000, on New York improved Puoperty; private dwellings pre- ferred; no bonus. CALLENDER & LUARENCE, 90 Pine steet A —LAPSLEY & BAZLEY, BROKERS, 74 BROAD- « way.—Stock and Gold Privileges; first class names on all contracts; explanatory circular mailed to any ad- dress. Full information on application. (A CHIEN? OF OURS HAS ABOUT $70,000 THAT HE desires to, invest in good Second Mortgages on wn improved property in, this city. Principals apply, with papers. AWARD & LEAVITT, 54 Wall street. LADY, ABOUT TO ENTER A PROFESSION, DE- sires the loan of $500 for three months; ainple se- curity will be given. Address JULIE, Herald Uptown Branch office. ANKING HOUSE OF F, R, SHERWIN & CO., 8) ‘Broadway.—We propose to form two or more syn- dicates for the purpose of buying certain Southern secu- rities now ruling very low, and in which we believe, from special information in’ our possession, a very large rofit {s certain to be realized. These syndicates will be jormed for a period of six months, instead of our regular term of three months, that time being in our judgment necessary. Circulars explanatory of our plan of syndi- cates for stock speculation sent on application. F, R, SHERWIN & CO., 80 Broadway. STATE FUNDS TO LOAN—ON "BOND AND MORT- Gage; First and Second Morteages wanted: princl, als only need apply, Address ATTORNEX, box 3,609 ost office. MONEY,,T0, LOANKIN SUMS. 70, SUIT, ON GooD city improved Property, without bonng, ALLEN & HOWE, No. 54 Pine atreet. RAILWAY COMPANY. « Chartered by the United States Government. First Mortgage Six Per Cent Gold Coupon and Registered eng construction Bonds, authorize acts of Congress, mith Sinking Fund, nd free from government, State ind other taxes, Issued only on completed road, interest. MSON and } Trustees of the SAMUEL L. FELTON, Mortgage. THOMAS A. SCOTT, President of Company. First series issued only as road is constructed on the Eastern Texas Division—50¢ miles of road. 209 miles in operation. 200 miles more bridged, graded and track being laid. These Bonds are secured by a Sinking Fund of one por cent, ana by an additional Sinking Fund to be derived from sales of 15,000,000 ucres of land donated by the United States. iets, maps and full information will be furnished on application to the following banking houses :— H. G, STEBBINS & SON, New York. EDMUND D. RANDOLPH & CO., New York. B. K. JAMISON & CO., Philadelphia. at J, EDGAR T LOAN ON BOND AND MORTGAGE ON CITY rn WASTED.-s15,.000 LOAN, ON DESIRABLE WATER i front Proper! sichester count 12 miles trom city. oii 1,205 Broadway. rio tiial WANTED—ON GOOD REAL ESTATE semi-annual payments; reasonable cominission allowed. Kadress 8. P.'U., box 18 Brooklyn Post oftice. fer county or New York, of wil purchase W. DITCHETT, No. 2 New Chambers st. 16.000 witkew Jersey Improved property, yalud 009" within 20 miles of New York, Address® 8. B., $82.000 gage, without bonus, for a term of yea 94,000 and Bow rd, 1) 0 P y—two $8,000, one one $12,500, ty, We! Address RIVATE, PARTY, feral Uptown Branch on $2.000 and Stock security, to be repaid iu four $3,000, $42,880, 22 LOAN—IN WESTCHES- Mortgage. &. 1TCHE' WANTED—ON BOND AND MORTGAGE, jerald office. il a TO LOAN—ON BOND AND MORT- int cies HN F. CONREY, 162 Broadway, room 9. TPE _AMERIO. ROMO PRINTING COMPANY, formerly controlled by Thomas Lee and John W. Senior, 1s dissolved and now run by Thomas Lee and George W. Snedeker. All debts due the old firm and orders for chromos inust be sent to LEE & SNEDEKER, at 40 Peun street, Brookiyn, E. D. ‘ —_—_++___. BEAL ESTATE MATTERS, * Pursuant to notice, the stockholders of the “Jerome Park Villa Site and Improvement Com- pany” met yesterday afternoon at four o’clock in the office of General William Henry Anthon, No. 16 Exchange place, for the purpose of electing oMcers for the ensuing year, After the prelimi- nary business was completed, such as reading of minutes, &., the election was proceeded with, re- sulting in the choice of the following named gen- tlemen as directors, viz.:—Francis Skiddy, Leon- ard W. Jerome, August Belmont, Lawrence R. Jerome, A. C. Monson, William Constable and William H, Anthon. Ata subsequent meeting of the directors Mr. Francis Skiady was elected President of the Board, William H. Anthon Secre- tary and A. ©. Monson Treasurer. Among the reports of improvements made at the Park was ene to the effect that a hal!-mile track had been laid out and covered with turf, instead of gravel, as an experiment. ‘There were no sales of property reported yester- day. ce ac BIDS FOR CITY STOOKS, Comptroller Green reports the following pro- posals received yesterday and publicly opened fer $150,000 additional new Croton Aqueduct stock and $300,000 Croton Water Main stock of the city of New York, to wit:— Whitehouse & for account of best $13,000 Moyne & Son as 12,000 Henty ©. Mosher... 4 16,000 German Uptown Savings Bank. Gwynne & Day... S 20000 At Lewis 8. Levy at Hatch & Foote.. . 14,0 at THE NATION'S GRATITUDE. First Day’s Payment of Pensions. Yesterday morning at sunrise a motley crowd of males and females, a good number of the former hobbling on crutches, and others with an armless sleeve dangling from their coat, congregated on the corner of Hanover ssreet and Exchange place to collect the reguiar quarterly payment of pen- sions, which the Pension Agent commenced to pay out yesterday, Early as was the hour, Pension Agent Silas B. assistants were at hand, and business was at once proceeded with. Owing to the biennial examination made this quarter by the regular surgeons of was not as great of to ‘draw their pensions on the first was out in full force. Two of the females present fyinted the Bureau, the rust males day. The female element, however, in the room while waiting for their pay. On ex- amination it was found that both of these women were intoxicated and overcome by the heat. Although the premises assigned to the edged until the Dew Post Onice is finished, and Mr. Isaac Tillotson, the Engineer of the Custom House, at every pay- Bureau of this city are wholly inadequate, there are no others at present. available, ment surrenders the largest portion of bis room for the use of Mr. Butcher. Up to dark last evening about paid out, but the office was ke; next two wee at this division 1s liquidated. BUN OVER AND KILLED. Joseph Brabbin, a litte boy six years of age, whose parents live at -251 East Forty-third street, was run over by a noe ‘The Corones Young on Wednesday eventn, and cart, driven by John Cronin, driver of the cart was ted, ‘Was called to bald an inquest, and killed, Ce od ~ pee 18, was dischar, Dutcher and his entire corps of 35,000 had been H open until ten o'clock, will continue daily for the ext wee pene eer thing due jor pensions BROOKLYN JAIL BOARD. The Charges Against Sheriff Williams Denied by the Jailor, Colonel Con- raddy—Exorbitant Rates—More Days’ Rations Entered: Than Were Fare nished—Almshouse and = Inebriates’ Home Books Referred to. The Special Committee of the Kings County Boara of Supervisors, appointed to investigate the charges of malefeasance against Sherif Williams, held their fourth session yesterday afternoon. There were not many spectators present. Sheriff Williams was the first witness examined by Super- visor Coe, and testified that when a prisoner was discharged before the expiration of the original term of his sentence he was in the habit of charg- ing only for the number of days in which the pri- soner had been kept in jail; never said I had the right to charge for the full term of commitment to any living being; cannot say what becomes of a fine when tt is received by Mr. Con- raddy; never received any myself, and am of the ‘impression that the fines are paid over to the Judge, as they ought to be; visit the jail avout five o’clock each evening, and go through it to see that everything is kept in good order: get down tomy oMce about nine o’clock every morning; there were 301 prisoners and a fraction charged for dur- ing the past three months; . A COMMITMENT AND A HALF “T understand is where a prisoner is taken out for examination and returned the same day by the Justice to await the action of the Grane Jury; there were four such commitments in the month of March. Mr. Conraddy testified that they charge simply for the number of days that a man is in prison; send the fines received to the Justice, as well as the name of the person by whom it is paid, on the first of every month. By the Counsel, ex-Judge Morris—My instruc- tions from the Sheriff were to charge only for the number of days that @ man was in jail; have carried out my instructions according as 1 under- stood the law;* the charge that in the bill of ¢he Sheriff from April 1 to June 30, for board of prisoners, 6,000 days more board was charged than was ac- tually furnished, is not true; the charge that,7,000 days more board than was turnished is charged for in bill from January 1 to March 31 is not true; the charge that commitments are charged for for prisoners who were never sent to jail is not true; ‘THERE 18 NO TRUTH IN PHE CHARGE that not one prisoner in every ten who are sent to jail remains the full term of sentence; there is no truth in the charge that money ts received tn jail for fines Jor which no return is made; it ts not true that commitments are raised to represent more days than they really should; some prisoners—one day’s prisoners—are sent who do not remain in jail for one day. ’ Sheriff Williams’ examination was then re-~ sumed—There are twenty-nine days’ board charged for Matthew Shea; he is marked as being dis- charged June 13, having entered May 16. Commissioner of Charities S. A. Powell sworn— Testified that on the records of their depastment Matthew Shea was entered as having been sent to the Almshouse, from the jail, May 16, which place he left on June 13; twenty-nine days’ board ia charged for him. 5 e Sherif—Eliza Stout is on my bill May 16, and is marked discharged May 25; she is charged for ten days’ board, Commissioner Powell—She {s on my record as having been sent FROM THE JAIL TO THE ALMSHOUSE on May 21, but escaped on the way. There are many who, being sent to the jail, obtain permits to be sent to the Almshouse. ‘The Sheriff—Francis Sweetman entered jail May 20, discharged May 29; ten days charged on the bill, The Commissioner's bill shows that the same man was taken to the Almshouse May 24. Annie Gillen was*received at the jail February 26, ‘dis- charged March 26. She was taken according to the Commissioner's books on March 17, Ten otner cases of exorbitunt charges for board were showD by the comparative statement. ‘The counsel then examined Commissioner Powell as to how many persons were sent, upon recom- mendation of the jail physician, to hospital from January 1 to June v0. The record shows that the total number was sixteen. This number is inde- pendent of the lunatic cases, INEBRIATES’ HOME. Rev, John Wiliettg was the next witness exam ined. He testified that he had charge of the Ine- briates’ Home. The Sheriff—John Livingston entered the jail d on the 22d of January. Rev. Willetts’ record shows that the same man was received from the jatl uary 16, Notwith- standing these facts, ten days’ board is charged for this in the Sherif’s bill. Other similar cases, showing exorbitant charges, were adduced during the examination of this witness. In certain cases where but four days’ stay had been made in jail, as many as ten days’ board had been charged for, Rev. Mr. Willetts stated that from January 1 to June 30, twenty-two persons were received from the jail at the inebriates’ Home. * The Committee then adjourned until Monday next, at three o'clock P. M. A “CRUEL MRS. COATES.” A Baby Exposed on a Hearth Rug inan Open Yard for the “Benefit of Its Health’=The Woman Sentenced to ‘Thr Months’ Imprisonment—Piteous Appeal of Her Brother for Mercy—Dr. ‘White's Idea of Baby Farming. Mrs. Sarah Coates, of 205 East Sixty-third street, was arraigned before Justices Bixby, McQuade and Shandley, at Special Sessions yesterday, charged with cruel and inhuman treatment of a child le{tip her care. Abel J. Cross, of 1,077 Third avenue; William A. Davis and Ira E. Doyle, of 203 East Sixty-third street, testified that they lived in the aajoining house to Mrs, Coates and saw the child left iu the yard ina clothes basket, with nothing but a rug under it, at various times during the month of July, from early in the morning until twelve o’clock at night; on the 25th of July Abel J. Cross went before Judge Bixby, at the Yorkville Police Court, and made a complaint; and a warrant was issued, upon which she was arrested. Detective Thomas Levins, of the Nineteenth pre- cinct, went to Mrs. Coates’ house and found the child as described, LYING IN A BASKET in the yard, exposed to the rays of the sun, with very little of any covering upon it. He testified that there were four other children, two of them tp chairs and two of tnem in wagons, also in the yard at the same time. Mrs. Coates made some resist ance when he was about to take away the child; when she was informed it was by order of the » Court she submitted. She was also arrested at the time, and subsequently bailed out. ‘The child was in a very delicate state of heaith at tne time, and although a great deal of caré was taken of it, it died on the 9th of August. Officer Phillips, Ciel enth precinct, testi- fied to the same state of 8. 4 Mr. Nesbit, counsel for the prisoner, contended that the cnild was exposed BY DIRECTION OF DR. WHITE, @ physician, and asked for an adjournment in order to Ltn him dl eranted. ae . ‘The application was no! . . Mary. ursbenger and Mrs. Hosher, both in- mates of the house of Mrs. Coates, were sworn as witnesses in defence, and testified that Mrs. Coates was uniformly kind to the child, and that it Was merely an exposure under the order of the physician, rs. Coates was then sworn in her own benaif, She satd:—The child was born in my house; the mother went away on the 4th of last May and left her in my care; since then I have received but $8 towards its support, but I have treated it as well as I possibly knew how, and EXPOSED IT TO THE AIR for its own benefit, as the child was very delicate. She was cross-examined by Judge Bixby as to whom the child belonged to; and she stated, after a great deal o/ hesitation, that it was the offspring oe woman named Mary Colton, who is now travel- ling with Barnum’s troupe as the Circassian gi that she was formerly a dressmaker, but receivin offer of a good salary to personate the Circas- sian Girl, she went away shortly after her conflue- ment and left the child in her charge, OMicers Levins and Phillips, who were again called to the stand to describe THE CONDITION OF THE CHILD, were very positiye in their declarations as to the miserable state they found the infant in in respect’ to clothing, &c. After a long censultation between the magis- trates, Judge Bixby said—“Mrs, Coates, the Court find you guilty, and, as we think it an aggravated case, sentence you to three months in the Peniten- A8 soon as the sentence was delivered, Mrs. Coates threw up her hands ana cried out, “I at innocent! I am innocent! She called on her brother, who was present, caught him by the hand, and a scene of wee and wailing not often seen in the precincts of a court room ensued between tne pair, Mrs, Coates is a woman about thirty-five years of age, light, clear complexion, large, clear blue eyes and light hair. She has a mild expression of countenance, but witha very determined. ‘The brother, who is @ tall man, with large blonde whiskers, and who WEPT LIKE A CHILD, came forward and made a piteous appeal to the Judges ior clemency after the sentence had been Pronounced. Counsellor Nesbit asked the Court a As he was going to gue outs writ of WDIGD WAS RFARICs