The New York Herald Newspaper, September 19, 1873, Page 5

NEW YORK HERALD, FRIDAY, SEPTEMBER 19, 1873.—TRIPLE SHEET. Deen made, and developed tne fact tat the Northern Paciic Company is largely indebted to its arent A and therefore can loge nothing Pecuniarily by their nsion. railroad cem- BS. will have to “uake other financtal arrange- ents before Vireo forward its line. It has its completed road and government land grant bota mortgaged to secre is its bonds, and the security 1s red amply suMigient. AN UNFOUNDED RUMOR. re 18 no truth whatever in the rumor that an National Life Insurance Company 1s in any way affected by the suspension of Jay Cooke & Co. THE EFFECT IN BALTIMORE. MALTIMOBE, Sept. 18, 1873, ‘The news of Jay Cooke & Co.'s suspension caused great excitement tp financial circies here, to-day, ‘and stocks fluttered in sympathy with the New York market. The Northern Pacific bonds are held to a considerable suin in this city, mostly by pepeens of small means who have been persuaded invest on them, There was 4 pressure upon the banking honse of Jounston Brothers, Cooke & Co.'s correspondents here, jrom anxious holders, but they couid obtain no satisfactory answers to their inquiries, Mr. Johnston said that the announcement was a total surprise to nim. He had been in Porbry y with Jay Cooke on Wednesday night, and he had seemed to be in extraordinary good spirits, and talked over business matters as u there was no trouble existing or m prospect. Cooke's balance with Johnston is small, and the attachments laid tard it by the ered: tors here of the nouse are already in excess of it; but Johnston does not suffer, aid no Baltimore house will be involved. The most serious effect ‘will be 10 ae of the coffee market, on account ‘of the rise in goid, THE EFFECT IN PITTSBURG, Prrrsscra, Pa., Sept. 13, 1873. The news of the suspension of Jay Cooke & Co. created considerable excitement in financial circles here. Knots of business men about noon were Seen In front of the various banking institutions on Fourth avenue discussing the features of the sus- Pension and anxiously awaiting further intelli- gence. McVay Brothers, formerly the agents of the firm at this city, were congratulating themselves on their luck, and stating that if the faiiure had Occurred a short time ago they would have been out clean $100,000, James T. Brady & Co., the present agents of the Arm, could not believe the report. Mr. Bailey said, ‘There is nothing to make him Tail. The money market ts easy, his negotiation of Northern Pacific bond been not unsuccessful, nds has and he has toacertain degree the confluence of the ee, Department, so he could not have been troubled for lack of money. If he was really financially rotten there would have been no reason dor failing now."’ PRESIDENT GRANT ITAS NO OPINION. President Grant, whois here attending the re- union of the ‘Army o( the Cumberland, was closeted jor suite a period this morning with a number of distl peuiened Military gentlemen that are here with and with several prominent financial eae city and elsewhere. Tue rumor got abroad tnat this meeting had something to do with the startiing news that just been telegraphed to this city. It was ipenbie to get near the President, and hhis mouthpiece, General Babcock, was interviewed as to what the Executive thought of the failure, So far as relates to the Syndicate loan. “We have just heard of the failure,” said Gen- eral Babcock, “only # few minutes ago, and it created some ‘surprise.” CORRESPONDENT—Did the President express any apanion of the failure as it will affect the syndicate joan General Bancock—I can assure you the Presi- dent, knowing little of financial matters, will ex- ie no opinion on the subject of this fatiure, lor he has none to express. It is a matter ©n which 1am almost certain he would not speak. How can this suspension affect the Syndicate loan? In no way that Ican see. There ongtit to be, and, in all probability, there are a sufficient number of other firms in Syndicate to carry it. Jay Cooke & Oo. were only the active agents. It is learned that the private conterences of this morning at the Monongahela House had no bear- ig in this matter, but was merely a social gather- ing, on which the news of the suspension 0! this great firm tell with dampening effect, THE EFFECT IN CHICAGO. CuI0aGo, Sept. 18, 1873, Great sensation and considerable excitement was caused in banking and commercial circles by pee pecennen of the news of the failure of Jay 0k THE EFFECT IN BOSTON. Boston, Sept, 18—2 P. M. The suspension of Jay Cooko & Co. created no marked sensation on State street beyond the fall Df a few of the more speculative stocks. THE PALL BOOK TRADE SALE. Eighth Day. A valuable invoice of scientific and military works from D. Van Nostrand, of this city, and con- signments irom G. P. Putnam’s Sons, consisting of feligious and miscellaneous works, formed the chief attractions ot Hfenepais ’s sale. To-day will be a grand fleid day among the boox men, as the trade has laid back for this occasion. The exten- Bive invoice of Messrs. Leavitt & Allen, of this city, consisting of the most popula Lh rey of mis- cellany, juvenile books, the standard poets, Ches- teriield series, biographies, Hans Christian Ander- sen’s story bcoks, lives of generals, toy books, an- Buals, albume, &c. To-morrow Mr. W.\V. Harding, o Philadelphia, will offer a large contribution of ‘Srst class ana assorted bibles and albums. DOMESTIO MARKETS, Sept 18, 1873. aiet: good ordinary, ious. Net eaten” a len 48, “Stocks ne 62." vd aria near pbb Hea i¢ plight, seine en aes gods middling ey he isa Cotton quiet, demand fair; middiings Isr ‘i low Eeiddlings, Lore; strict good orcinary, iBe. Net Fecelpts, bal Exports coustwise, 0. Sales, 200, Stock, 5, Cnartaston, Sept. 18, 1873. ue ton qulet middiings, 1 low maladiings, 73. a VC 5 el + eros. 908. saves 204 Block. i sedition i , 1873. Flour unchanged ; sales of 1, an pole bis. at 8 SP 6 tor No.1 ets $8 75 tor ainber Winter, $9 15 a YEO winter, for double extra. Whi 3.€00 bushels Xo. | Milwaukee club at it, Corn dull BD: ‘ow 1200 busliels at C2c, 5 mixed ‘at be. catn$t so tor bolted, Dulied, ‘perv ewtn Millfced sveady shorts, $17; stipst 818; ma ty $20 per ton. Canal ireights— Wheat corn, 7 lew York. Railroad treights—Viour tO PhM de! Iphia, nl Koston Bc., to New York Sec., to Albany ‘ie. 2000 bustiels’ wheat: 47300 feet or lumber. rente—¥,300 bis. of flour, 9,800 bushels barley; 4,000 feet of lumber. be bs aan rts for th femstueienires ite pe an r lor the last twenty-four ore sich si) Bolas whents Tas Ta0 busnela: corn, 43,20) do ley. 4400 do. rye, 100 do,” Camel hip mente Wheat, bushels; ‘corn. 82.647 do.: rye, 15,80 do. “Rail port wheat {3.40 bushels; sora, Pew fork whoa Lite.s'c Flour steady; Western spring, ‘amber winter, §/ 508 sa Wheat dull; no spies made ‘public: helt ‘irm & lollowin quotations Milwaukee No. 1 ring Chicago No. 10. BIS white Mien i ib a BE Th Corn in food “de: rand: sales of 6.000, Disels hy ise Kod tq arrive, “io, No, 2-inixed. Western ut Rich nuked ‘Wor %, in'lota: at te. Dats qtict; tates ot Sraail Tots No. 2 blot at abe. Barley malts aad prime frinter Western, $1 25; prime Canada, ther ar- es unchanged. Par ay 204 wt engi, ar ‘lour be an heat al un- 3 eitled: ang over Ot ort spring ot $1 17" $1 1s: a) ite A'S" cast oF seprentver “gt 0835 Corn dull and unsettle: dower, closing : gales of No. 2 mixed at at¥yc., cash or Septem 4274 Len vember; rejected, . Outs in falt den ower, “at 30 or No. beak: dtze firm and ‘scarce at jected nominally Bye ani BS!,°, 0 Ge. for No.2 Barle: and higher, at $140 he it tha a $1 ie ‘or So. S epcing : rerected, Sreminalty 7 te shure Fae ae les: 9. le les, all loose pot Bacon quiet and, unchanged; sales of slioul- ere at Sic. ; clear we; clear sides, all ey firm at. dio. Proights— Receipts—4,000 bbis flour, 21.000 do. corm, 4h0N do, oats bbls, ‘four, sae Dushels’ whe todo. corm, +S ushels’ whea 0. corn, 41,000 do. cats, 3,000 do. rye and Hh od do, bariey. eta AN MARKETS, Loxpox Mower ta Laon Sept, 13—12:30 P, M.— Erle Railway shares, Se—krie Railway shares, 46%. 5:45—Erie rt ‘shaves, 46 $64. 43)—Erle Kail: Jay Maron 4 Courols Wy a i2%¢ for boon money and he account. "United Btates flve-twenty vonds, 1867s, mt new fives, 91: a Bovnsn “Pants, one yt. Papp te M.—Paris ches quo' i ‘ Spengiches guste rentes share f French rentes, \OTTON eax M.- today 6.000 ba eee atist andghohangea., Miadiing weer, middling Orleans, 94d. sales 12,000 bales, Inetuaing 200 for speculation and expert, Sales of dpinnt c basis or low middlings, deliverable October ‘and’ Now vember, ai |. Sales of uplands, Vy he basis of low mid- Giings, deliverable september, at 5 15-164 BLK Lavaroot, Sept. ised, por ental tor'etu fornia white, nid ids 6, & jor red winter Bac per quarter, Corn, Sus. 9d, ae per quarter, Litanmoor, aoriniasa NanahrLiveatoot Sept 18 an0P M. iad. per ew, for the bed grader of Simericnn ane. burd, per ew Noe SP yore Eaeamt. Livunroot, Sept. 18—4:50 Tallow, ‘Sd. perewt. Temcen LPOneee ~ anpesbr Bept. 18—1:30 Me: ‘al 4 er ‘Veraourtw Manerncaxewerr, Sept. 1&—Petroloam, M56 for Hue pale Americaa. 1s— Yat Corn, FINANCIAL AND COMMERCIAL. Creat Excitement in the Stock Market. FAILURE OF JAY COCKE & CO. Other Failures Reported---Runs on Banks, INCIDE) TS AT THE BOARD. Money 1-2 Per Cent Per Dav. Condition of Other Securities—The Gen- eral Feeling. WALL STREET, } Taurspay, Sept. 18—6 P. M. FINANCIAL DISASTERS, Not since the Chicago fire has the dramatic cur- tain of Wall street risen upon a scene of such intense interest as that which was presented to- duy by the hundreds of excited actors who, both as “bulls” and “bears,” performed their respective Parts upon the boards of the Stock Exchange. In October, 1871, there was a natural cause ior general deflection of values, Real property had been wiped ont, In 1872 the Boston fire produced asimilar, although @ lesser result. In both m- stances money, sensitive as the needie to the mag- net. responding sympathetically to the condition of affairs became the PHOTOGRAPH OF A TEMPORARY PANIC. To-day, however, the influences that are beginning to teli their direful story are of a purely commer- cial character. There has been no fire, no wreck of outside fortunes, no great obliteration of indus- | trial and creative enterprises—no nothing, indeed, that should produce such wild humors as have been seen on Wall street during the last six hours. And yet a tidal wave has swept over and engulfed one of its greatest houses—a firm that jas finan- cially represented the government of the United States at home and abroad—a member of its much vaunted “Syndicate’'—a company whose head was the embodiment of CHRISTIAN GENEROSITY, and grace, but whose trail, it is said, is written all over with ruin, The details are told elsewhere, and {rom the manuer in which they agree with other statements that have recently been given to the public in connection with other firms, it would seem as if the same obituary notice would apply to all:—“Died of too much new railroad,” It is asserted that the London branch of the house of Jay Cooke & Co, remains intact. The American branches in Washington and Philadelphia are for the present closed. Tue ramifications of this im- | portant failure will probably slow themselves within the next week, but immediate influences present tieir potency in the shape of reported “runs” on banks and trust companies here and elsewhere ; distrust of THE CREDIT OF CORPORATIONS, and not a little dificulty in obtaimiog money on se- curities that have heretofore been regarded as emi- nently acceptable. The probability of this event was known last night, and there were one or two who, entering the market to-day and selling stocks ‘short,” made fortunes; but the full force of the “break” was not realized by the members of the Stock Excnange at large until between eleven and tweive oiciock. It wad then that éidued @ scene which fortunately occurs only at intervals. Prices receded three, five, ten per cent, Nobody could guess when bottom would be touchea. The bulls stood their losses manfully, and SOLD OUT WITHOUT A WHIMPER. Bears, on the otber hand, became bulls, only to be troubled an hour afterwards by fluctuations as mysterious as they seemed dangerous. Reports began to cisculate that other houses had gone down. Telegrams rolled in stating that the First Nationai Bank at Washington had suspended; that E. W. Clark & Co., of Philadelphia, were on the fatal list (a house, by the way, without partnership interest in New York), and at last came the an- nouncement that Richard Schell, and the firm of Robinson & Suydam, of New York, were among the sufferers. It was likewise announced and up to a late hour believed that THE SECRETARY OF THE TREASURY would come to the relief of the street by deposit- img several millions of dollars with the New York banks. This was not done, however, and the Sub- Treasurer stated that he was not aware of any such intention on the part of Mr. Richardson. ‘the wish was only father te the thought, Should the condition become more critical, it is not unlikely that the pressure brought to bear upon the govern- ment will be such as to compel it to take active Measures for relief; and yet it is dificult to understand how the banks, many of which re already loaded down with “tancy” securities, dare add to their weight of responsi- bility by extending their loans. It is surmised that there will be a generous calling in of loans to- morrow, and @ squaring of accounts, while the ex- citement generated by the reports that have already gone lar and near, may induce deposi- tors to make A RUN upon the various institutions in which their credits are held. We ure frank to confess, however, that while it is wise to be prudent there is no necessity of a iright; while there is reason to be somewhat alarmed by the suspension of so important an insti- tution as that round which clusters so much of excitement, it of itself is no keynote to the actuai situation, The failure of a firm which dabbles in any unfinished railway that rests only on a speculative roadbed is an incident that might naturally have been expected, It has occurred before; it will occur again. The influence of such @n event on the stock market will always be mani- fest, and if to-day SHARES GENERALLY HAVE GONE DOWN among the lowest figures in their history, it is only @ response to causes which are temporary and ac- cidental, but which in themselves possess elastic | and reactionary power. Firms may have gone with them. These are individual, not general misfortunes, and a calm dis- passionate view of the situation will demonstrate that until the public see private cred- its more generally affected the great world out- side of Wall street in turmoil, crops failing, the producer unable to pay the country merchant, the country merchant unable to pay the jobber, the jobber unable to pay the importer— exports falling off, and ruin impending, it is first class folly to magnify the breaking ef half a score of local speculators into a | panic. where is always need of conservatism in this country and never more so than at this mo- ment. To the outside public, therefore, we say, let Wall street take care ot itself, and let us try tore- | 2% gard the present storm as only one of a series o clearing up showers that will make our country al, the grander in the coming sunshine. Full details generally, | | to 53%, with a close at 54%; preferred stock | of the several failures of the day wili be found else- | where. THE SALES OF STOCKS to-day reached the large amount of 400,600 shares and upwards, the leading features being West- | ern Union, Pacific Mail, Lake Shore, Wabash, Rock Isiand, Northwest common, Erie, New York Central and St, Paul. Western Union opened at 8344, went off before the first cail to 774, and subsequently to $7 and through the fractions of $6, 85, 84, When there Was asudden drop te 82a 8044 a 79a 783s. Then there was a rally to 82, a decline to 81280, @ similar rally at the second board to 823s, and towards the close a decline to 78, the last three dealings being respectively at 79 4794 a81, Lake Shore sold at 00% @ 904 a 87% a 89% A 87%; a 88% & 86a 87%. Pacific Mail sold at 4244 @ 4014 & 89 a 38 & 98% O59 a 40 & 40% a 39% A390 B38 0 38%. Erie opened at 55% and old down SUSTEEESESULSESESEE? at 68 a 6X. 108. Harlem sold at 126 a 125. Wabash fell | off from 5634, to 49, closing at 5034. receded ‘rom 102%; to 97%, with a close at 0834. St. Paul fell from 48% to 39, ending at 40. Union | Pacific, after a strong, early effort at 29% a 24, | declined to 21, with a’ slight rally at the last to 21%. Northwest common showed the extremes of | 53 a 48%, ending at 50%, with preferred ut 74a 73. C., C. and 1C, ranged from 27 to 2144, ending at 22, Rock Island | ay 5 Panama closed at 110 a 109 & | 29) Oto and Mississippi Went off from 36% to 3254, lin- | 349 proving \ at the close, Delaware, Lackawanna asd Western sold trom 97 down to 94, Atlantic and Pacide clored at 185;. Hannibal and St. Joseph went off irom 29%, to 28, HIGHEST AND LOWEST. The following table shows the opening, highest aud lowest prices of the day:— Opening, Highest. Lowest. New York Central and Hud- son Kuver stock consoli- 94% B35 80 49 Northwestern . 45% Nortu western preferred 3 Kock Isiand...... O16 Milwaukee and St. Paul. 39 Milwaukee and St. Paul pi 65 Gino and Mississippi........ 82% Union Vaciue. 2 C., ©. and ind, 219 Western Union 8 Pacitic Mau.. 4234 BT THR MONEY MARKET. Next im Interest to the stock market was the money market, the early dealings of which were on the basis of 7 per cent currency and gold. Later, however, the price advanced steadily tox a%@ ‘¢ @ %, after which, the boards having adjourned, the rate receded. These are among the highest prices of the most exciting periods curing the past twelve months, Foreign exchange closed at 108 a 10544 for bankers’ 60 duys sterling and 109 a 100% jor sight, THE GOLD MARKET. ‘The events of the day caused an advance in gold, which was attcnded by not a little excitement, the lnpression being entertained by not a few that the reflex action from abroad, as the result of the failure of one of the Syndicate, would favor a higher price of coin, It was also predicted that American securities, both railway and government, would experience a severe shock, The reports thus far do not seem to justily this anticipation, although itis scarcely possible for the foreign market to have received any coloring trom our own, as busi- ness must have closed there beiore the most mag- nificent rumors were at work. The fluctuations were as follows :— 10 A, M.. = 35 A. M.. 11:43 A. M.... bite A. M, mys 11144 my roby 412 At 12:55 the price had advauced to 11274, the highest of the day. At1:17 it receded to 112; at 1:20 to 111%, alter which there was another ad- vance to 11254 at 2:58, and at three o’clock a close @tli2%. The carrying rate oi gold has been 2, 3, 4, 5, 6 and 7 per cent currency, 7 per cent gold and 1-16 per day. The operations of the Gold Excnange Bank to day were 4s foliow: Gold balances....... + $1,371,304 Currency balances. 1,541,070 Gross ciearauces. . 85,078,000 CLEARING HOUSE STATEMENT. Currency exchanges ae $108,141,873 Currency balances 8,867,749, Gold exchanges 9,354,116 id balances. 1,284, 730 GOVERNMENT BONDS were dull and feverish at the close. We qnote Prices as follows:—United States currency sixes, 11234 @ 1125g; do, sixes, 1881, registered, 11634 a 11634; do. do., do,, coupon, 116% a 116%; do, five- twenties, registered, May and November, 113 a 114; do. do., 1862, coupon, do., 113 a 114; do. do., 1864, do., do., 11434 @ 115; do. do., 1865, do., do., 11534 @ 115%; do. do., 1867, registerea, January and July, 1144 a 115; do. do., 1865, coupon, do., 11534 @ 115% do. do., 1867, do., do., 115% a 116; do do., 1868, do., do., 11534 @ 116; do, ten-forties, regis- tered, 111 a 1124; do, 4., coupon, 1114 a 11234; do. fives of 1881, cougon, sits a 11134, SOUTHERN BONDS require less comment than any other securitics on the board, remaining generally steady and unaf- fected by the prevailing excitement. THE FOREIGN MARKET. The discount demand atthe Bank of England ‘was moderate, as well as in open market. Consols were firmer, and advanced to 92% a 9234 for both money and account. Fiye-twenty bonds, 1866, old, were firm at 953{, New fives were firm at 91%. Rentes at Paris were easier ; 57f. 273¢c. Bullion in the Bank of France increased the past week 2,000,000f, It is tobe borne in mind, however, that this cen- dition of affairs precedes that of which we may have reports to-morrow, when the situation on this side of the Atlantic is published. RAILROAD BONDS, ‘The effect of the general raid on the stock market ‘was not materially felt in this department, espe- cially on the old and regular securities, Naturally, those who daily seek opportunities to make invest- ments prudently awaited further developments, ‘but the waiting produced ro weakness. PACIFIC MAIL, The report of the loss of another of the steam- | mw ships of this line not only came too late to ma- terially affect the value of the stock, which might have resulted at any other time, but the street ‘was too thoroughly aroused by other events and loaded with weightier affairs to give heed to the dropping out of three or four hundred thousand dollars worth of property belonging even to tae Pacific Matl Company. IN CONCLUSION, Commenting upon the events of the day, we can only reiterate what has been expressed else- where—to wit, that, while we may seem to be upon 200 500 600 Mw do: Bow rd—10:20 A. ‘ 100shs US Expres.be Gig 1d Aun Lo Un Pac by 25000 Tenn O's, old 10000, P & Ach, old 1000 ¢"F | 430 er) SESERE et SEESESZECES ;=t Ss sesegere P. M.—Before Call. 2O0shs Sh ESL PRK. 41s ao. 2 4ue the edge of a panic, there are really no grave rea- | ed sons for public alarm. Depesitors will naturally feel anxious and perturbed. ‘There may be | 6 heavy drait on various banking institu. tions, Other failures may be reported to- morrow or on ensuing days, as the offshoots of | the sudden avalanche that has just occurred, because brokers are a good deal like a pile of | P bricks—knock down one, and a dozen or so are | SW pretty sure to follow; but the general prosperity of the country 18 such, is so great, and credit so easily ob- tained, that it seems almost impossible for wide- | 4 spread disaster to occur. The only danger to be | apprehended is, that large depositors may prefer the elasticity of our paper | fy) to withdraw their funds from tue bunks inantici- $4 pation of graver evils, tls cripple these institu- tions, and force an appeal for ald to the general | government. Calm. concerted and judicious ac- | tion in this juncture may avert the misfortune which threatens, and confine that which has taken | 48 place within manageable bounds, SALES AT THE NEW YORK STOCK EXCHANGE. | Thursday, Sept. 18=10:15 A. M. $1000 U § 6-20, ©, 162 nis $1000 Us 5-20, r, 67. Me LWW US a, "65, 0 A. M.—Betore Call. ie 400 shs Tol & Wab.. 86%q 400 Go. 400 shs West Cu Tel, sou 4 SUEteSze EEREERLEEZE eee & 5 Rd = 5, = eeusss ES lo ag. 400 Adams E: Hw neve BEES a 3oh5 oe ti is Second Soard—i P. M. M4 80sha NYC & ith 100 Wells Fargo Ex. 20 Harlem IR. 5 So) Weat Un Teich ee 5 do. iu & Seis be JW) Ohno & Miss. a) do $6000 Misxour! Os. 14g ie RR pref. | Sw ss Wes: Un Te: es , i cm kit. SRE 6545 1 * 3 Soe SES ea SELLTTS. = bh ict 65 66 CLOSING PRIOES—3 U'OLOOK P. if Western Union. 80% « §1 Juin Pacific. 21% a 21% H BO 8 8 Pittsburg... Hg a bE — a8 Charnw ig 7 Bw 8 Ex G3! Ay? B i Fived i bad a 5ily Luke Shore's... 8736 6 87; COMMERCIAL REPORT. glial GO” | Tuvrspay, Sept. 18—6 P, M. The general merchandise markets were quiet to- day, the excitement in Wail strect exerting its in- fluence over nearly all branches of trade. At the Produce Exchange there was little or no change in values noticeable. firm, but closed with free sellers at yesterday's prices. Flour was quiet, but steady. Wheat was in fair request, in part for futures, and prices were steady, Corn, under a better inquiry, was firm at yesterday's prices. Groceries were for the most fee | part quiet, but firm. Cotton on the spot was not in much demand, but old crop in small quantities commanded full prices. New cotton was not readily salable, even at a concession of %c. per Ib. Correx.—The market for all descriptions was without activity, and business was confined to jobbing parcels, We quote :—Rio, ordinary carzocs, 2lc, @ 2l%¢c.; fair car- goes, 21%4c. a 22c.; good cargoes, 22!4c. a 229c.: prime cargoes, 2c. a 2ic.; extreme range for lots, fic. a Be., gold, per Ib. 6 and © days’ credit; Java (gov- ernment bags), 2éc. a 25c.;do. @rass mats), 24%c. @ ; Singapore, do., 2c. a 28. ; Ceylon, le, a 22iyc. ; a 22igc.; Laguayra, 23gc. a Wige.: Ja- | maica, 2c. a 2134c,; St Domingo, 193Ze. . 19%c.; Porto | Rico, 2le, a 2c. : Costa Rica, 2le. a 22kgc. 5 ale, 2 Mani! eee ng a a tie Be 'gold ‘stud to Cotton, vid “cotion wis Kenerally held above the ylews of buyers, and, business wax consequently limited. | New cotton was not in demand, even at decidedly lower | prices, lots on the whart and to arrive being ofiered at cle, per lb. under quotations without resulting in busl- | per Ib. under quotatt hout resul hess, Future deliveries Were more active, September and October p HaFly, At 8 {decline of about isc the t ke losing teeble. tharket eloatg tee Upland lataa, WN. Orleana, Texas. Orain oo ie 535 ie G inar: é ri 7 1% | Get meaty ie b Re hd | Low middling Be 2 —The quotations yl ow ooure ia store, running (r quality not more than haifa grade above of below the Grade quoted. The sales were us follows: To-day. Last Brewing. Total Sj at ls. Sd. a A aie | mp i BCU! TOR, box 319 Post office, New York. The markets generally opened | $1 70 for rea winter and $1 70 for amber Michigan—the | fer toarrive. ‘ihe market closed quiet. Corn was but active, with sales of Ser bushels, at 6s¢, @ ar Hosa: Rao a Toe Yor yellow wad Ge for | samases a. ats were is moderate Fiquest, at 80}e. for whi store; poor white common to yey? do. uffoat: die. a 5: | choige white, estern mixed, atioat, im Cates of 31,00) Bashets within the range, Kye Was quict ate, w Me, Harley and variey malt wero neglec Freicuts,—The movement im berth freights to-day was | Limited, but the supply of room offered was moderate and rutes about the same, Vessels ior charter commanded full rates, and were mostly sought ater by the gra etroloum trades, The engagemer pools by steain, S00 bashelsvewin ae 3d. por 86 Ibe. 2.100 ‘so., 325 hhds. tobacco at 45s. ; 10 Gias- in and Austrian and 415 | with 2.500 quariers do., 10s, and an Ltalian bark, wich 3,500 qui do., at same rate "a i) rac + also, on the spot, & Norwegian bark, with 4 ers grain at 1s. 3d., off direst.” Al Austrian bark. with 2800 quar: do. @ German bark, with S00 quarters do, and an ta Uilaarters do. all at seine rave: tent rates, ive, hence to inne terms: 4 German bark ‘onerie, | itt ndinent, with 5,00) bbls. rein an American ship to ‘urrive, optic iow York OF Philadelphta to ths Cont ‘ineng, with Sow bute ‘refined do. on, private terme PRTMOLKUM.—Ilere was very litte refine } thismonth and che fet haltot next, ae quiry, the market ruled strong. "Sales of 1,300 Dbis, balauce of thie month ad first five days of uext, at Ise. also $0 bbls. hush test, rumored for last halt of Noven- ber, at174c.—nominally at 163ge. Crude in bulle dul and rathor weal in thea eee uf inguin at ac. | Gige. Cases ti 0. t 2usgc, Naphtha et nal at L0dge for 0 “i thet Creek markets ruled i dell ana and generally weak. At Philadelphia th) market was. insc- fing unuettied, | eslned quoted nomingliy at i6he. o prember and October, 1bive. a Dei THOME Recelptn—4® Bula. Beet” To packager see meats, 669 do. lard, 2,954 do. butter and 6,542 do. cheese. ie pork market was firm but inactive. of 25) bbis. for September, 4. 0, at a7! bbls, medium meas at at $19 50, abd smail salesin a jobbing We note sales way at Beef and beef hams were neg- Relod and aoninally unchanged in value, Cas math) Were steady, with a moderate inguiry, LG note sales of 2,00 city pickled a sloultens at 8c, polite re, loose W ibs. aver: 20D sucked shouzers at 9 sinoked hains at dic. and (reported) 400 any. pickled hams at Ilge, Bacon was sener | sales Pr 4 boxes, loud ous clear at 8c, boxes do, at 8%c. short clear at Shy: verable in em! bart and Sana: ary. Lard wus fi with a fair demand, were 500 tierces, H0., at October, last halt, at bu tlerces, ober. 7H tierces, November, December, and Januar} draft on bill lading Liye grees January, 8. o, at 250 tlerces, do. do. 13-16c.'; 260 tierces Katie’ ren- Hered: October, at 86..79) terees, to arrive. In October, | at 8yc., and 250 lerces prime city at 8i¢c. Butter was in: tair “demand. The whole market was firmer, while choice sold at an advance, Cheese was without decided pange, Sud4e.—Raw was moderately active at full prices with further sales (part last evening) of 1,113 hhdts, and 2,860 boxes, Ingindi 808 bhds, aud 3 boxes; mnolasses sugara ath ac 5 x. Porto Rico, at 8i4c.; Ludo, at Dac. fo last evening, 2477 boxes, centrifugal oh private Cuba—Re fining, inferior, to ocmmon, /¢. fair to cooa fair, te. a "Bie j, X04 t Byime, BIC. 5 rocery, ir ec. tue to chive, Sige: w'dp.z centrifugal, hhds wand boxes. aM%e,; molasses, hhde. and boxes, 7c. a 734c.: Havana—Boxcs, Duteh stat 3 do., 10 to 1 af 5 dG » 16 to 18, 9Xc. i ie Kes a le. i Cymon po FRG, c. a BAyC. 5 fi to choice, Cc. & 1 Brazil—vutch standard, Nos. 8 to 12, 7c. @ 8340. tave Dutch star jard, Nos. 10'to 12, 3c. ‘a 8% J Stanita Superior and extra suverlor, 7c. a 8¢. Kier,—A moderately fate busin: was reported at atcady, prices, fierces_of Carolina at Sic. a 95¢c., ; 50 8 774e- and 18) bags of Rangoon at 6% 18! cits, bbls. Market ‘si "Sales 200 bbls. ‘at We. dc. ey Ww tT 13 to 15, '20, 10¢0 EASONABLE RATES—MONEY ON LIFE AND Endowment Insurance iat and other Securities Insurance of ith best companies, J, J HABRICH 4 60, M7 Broadway. —MONEY TO LOAN ON BOND AND Ginga, for a term of years, in sums from $5,000 to $30,000, ‘ew Rae improved Property; private dwellings pre- TO ALLENDER & LAURENCE, 3) Pine street. MONEY, TO LOAN ON ha be an beige ied it to BAMUE! 1, Reterences—ton, Sohn J; " jv Bea, Jacob D. Vermi ; ENGLISH LADY REQUIRE! iE Han oun given. Rudvess Mie PARE Wsgovrer FUNDS TO LOAN ON NEW YORK CITY firat class private Dwellings sad Store Property, in sums to suit, for five years. ‘only address KX- & BRAIN paone ASKINS a E, mr ayk CULAR, IT ERENCES, MAILED. ‘ONBY To LOAN—ON BOND AND MORTGAGE, IN it $5,000 and upwards, on imy improved. ay F Westchester county Property.’ Apply to HUGH CAMP, 106 Broadway. TIRST MORTGAGE BONDHOLDERS OF THE NEW Haven, prigatatows and Willimantic Railroad.—A e Orelock Ne, atthe oiee of Haten & Foote, «ia Well stee street, in the city of New York. The object of ihe meeting w to take sich action as may be deemed proper for the pro- tection ot the interests of the First Moresage Bondhold- ers, to te an efficient oe tet ola of, and to procure ry one lete equipment tor, the road. Bondholders who are unable to attend will please send authority either to HATCH & FOOTE or to some member of the commitiog to act for them, stating the numbers of their bonds. Printed reports of the proceedings of the meoting ‘will ‘be sent to. all parties present or repre- x aya ps fn SANDS, JOHN § B. E. ANDERSON, Committee. NY cond FOR ALL. Working Lats ir Wag male and female, can have thei ecreneee without persona? urit b; fhe wont NG PEOPLE'S LOAN AND y Applying 10 esa ABSOCTATIO' corner of Cha rs street and Gouers ing ‘xchange Bank Bull ‘ONEY TO Tl! ON GOOD CITY PROPER sums to st ALLEN 2 HOWE, oe Pine street | ‘OTICE.—THE COUPONS OF THE FOURTH MORT- gage Bonds of the New York ialling due October 1 next, will be patd o1 dave at the offices of Moura Duncan. Sherman & Co., No. 11 Naseau street. W. P. SHEARMAN, Treasurer. UTS AND CALLS. ny eS es on Stocks and , it of 8100 to $1,000 8 month. No risk is plan; full expiaaned by by rx also executed Ww. ip” HUBBELL a Bankers and Brokers, 99 Wall streot_ VEXAS AND PACIFIC LWAY COMPANY. Chartered by tae United States Government. First Mortgage Six | Six Per Madieg Gold Coupon and Re Conatrneton Boney suthorived by acts of Con with Si Shking Fund, ian margin. and free froin government, State ‘ind other taxes. ‘only on coinpleted road, gnistent,. and J Epaatt eG First series leet Py Eastern Texas Division—60t miles of 0: tniles in operation. 200 miles more bridged, qraaed and ‘track being laid. ‘these Bonds are secured ly # sinking Fund of one per | cent, ana by an additional Sinking Fund to be derived \ foreiaretie® 15,000,000 acres ‘of lund donated by the D ates. bed ad maps and full information ae be ——— on appl fg, Sone eo wing aeaing bo DMUND D, RANDOLUH a ines New York. K. FAMISON Philadelphia, Export. Consumption . ts ry Totals. 508 m0 prt ont i the above are 115 bales to arrive. For tu- (basis low imiddiing) the sales were as i at grening, a after, three o'elock—September, at he Ostobe: 500 Daoemter: 3 ut shoe: ,50U bales. 100 wera teers tongtiiree,F: ember a3 ‘at, 18}, Today ay to,three, od IO at, 8c. {i at sen ah: My 18's.160.b0 at 1 niga: $2 $03 at 00 $d Batic November, 300 at 17 tide. 900 at weruber, Hi at tie ca eI) at Tie Ie, 100 tte. i Hrs. Janta 17 U-16e., 10) a otal. it 0 baler. The wt erage of P- esterda: tes oes rd | Some! petober, 17-15; December, 17 9 16 Feb 1s? Waren. tage UIgtFAt call--No transaction call—Mal 6c, Total, 100 bales. Heceip 6 jalveston, | 192 balée: New Orleans, Stl: | Mobil ‘savannah, 1.558: Charleston, S57; Wit ning: Nn, Rew 1, 4,202 bale fi 66: ‘Norfolk. 16h: t is aes, last woek, 240 b ale this ‘tay’ ast year, 7, 528 ale: Fick ax Gnaix.—Receipta, 9.679 bbls. flour, 4 ra 362,386 Dus ele wea, 175,08 de. ‘Gorn, x $95 ‘ather less active, but prices howed no material chany dc, the market closing sendy. ‘he sales were about 21.00) bbls, Corn meal was ‘We note sales of 1,000 bbls., Including golden ear, (ree on boar, at $3 80, anid damaged to fair Western at$3 1236 a oan ee ‘quote i= Ate nh tat te Extra state. 3 aT” Choice Stave ase Superdue Wes 57 a 6% xtra W 70 a 75) | ‘Began pee Upto shlapli teaedl i ras | Round hoo} ‘i e ‘ pon hoop ahs trate pes aa 4 amnil iy :$0 9 900 St Lo 70 ath . g 8m . Sa vw 99 a 07% 90 a 950 io 2 3B igi de [9% ae .300 88) 315 a 390 390 a 40 40 fob i or a bushels, ne Whee, #1 ioe 1 for Chica spring, to ative sigh a gh ud No, 8 Chico, 866 for No. ‘eat spring. $109 ERRIFIO TIMES IN Watt saa Stand from und Banks and Bankers got 1857 hoa ain. Thot ti Hurnerta ‘hureday, Yonkers: Bay good lots, and nee. be safe. Call on No. 21 Park tov, New Y rNION DIME SAVINGS Tara ‘03. 396 and 308 C; jars. iy tity Photisand Dollars. cent Int per ks in Englis! rang! a. Germ: a. 8 pent r a 3 WAL Nes iredddont xRMOUR, W4stEp-« LOAN OF $5 $80,000 TO $100,000 ON BOND mortgage, on i nap y # this city vrorth more T. than double “atiogn erally for searching title, de." Address i ad st WANTED_POR THREE YEARS: SB West ‘Thirty-seco $6, 000 cured ned by det soostgage on an, uneneum= dered Farm on lizabech, , worth € nf $6.90) on Proper Rear sri raga, Eh A frst clase Ne York. city bondsman. Address F. W., box 185 Herald $20,000, Fahtiyat tte a' & Lopes AWARD & L Leavitt (, 64 Wall street “TO PURCHASE SECOND MORTGAGES $40. 000 on ONINEROVED AA Property a Also Catate tunde Co loa? Oiey ac Law, No ¢ Warren strest $40.000 38 TO, LOAN Of LONG ISLAND ana — ‘operty ; mort mien cabs et on city K. McH ARG, 77 Cedar strect, 2 Somamissioner for every Biate Biate 000 WANTED—ON BOND AND MORT. $42. meee & clase Chicago suburban mt egal) W0 percent, payable. bet terest aliy'in erp Sid vetured by bond host prominent end 1 rte Bon? SEAN at Miast Sevent $150,000 te, aeioa ne ARR i GONREY, 162 Broadway, room®