The New York Herald Newspaper, October 4, 1873, Page 5

WALL STREET ‘Things Dropping Into Their Customary Grooves. A Million of Loan Certifi- eates Cancelled. THE CASE OF GRINNELL & CO. Inactivity Among the Sus- pended Firms. The Couduct of Three Members of the Stock Exchange To Be Investigated, The original condition of things is brought back to Wall street and its neighborhood, There is nothing more for the curiosity seeker to find than there is on any other busy thoroughfare of the city, Men go about their business much as usual, and few evidences remain visible of the hurricane and its disastrous effects, In the bank- ing houses and the brokers’ offices the visitor to Wallstreet will, however, discover that something unusual has happened. He hears about it im the talk of the many groups that pass the time in the reception rooms of the banks, and, in truth, there 1s little else made a topic of conversation, It is plainly evident, however, t! the effervescence is subsiding and everything 1s resuming its usual channel, ‘The brokers who have suspended business are making preparations to resume again; creditors are more than ever satisfied with the securities which they hoid, be- cause they see the market strengthening every hour and symptoms of an early financial recovery ; while money begins once more to flow freely—is moving towards the West and South just as it might have done before the panic; exchange is assuming Its normal relationship to the market, and every ieature of the street appears to be combining in a healthful way with every other feature for the restoration of public conti- dence. The only fear is that Wall street, being Buch a spasmodic pyrotechnic sort of community, May too suddenly yield to the gracious influences that are now at work, and by creating an artificial market induce evils that could be well checked at any other time, but which now would only com- Plicate the dificulties of the situation. Meeting of the Governing Committce. The Governing Committee of the Steck Exchange ™et yesterday afternoon and appointed Messrs. Reuben Manly, Brayton Ives and Warren Kimball a committee to investigate the transactions of Joln Bonner and A, D, Williams & Co, with the Bank of North America and of Kdward Haight & Co, with the Bank of the Commonwealth. Tis action shows that the ruling minds of the Stock Exchange, no matter what period of confusion may happen, keep a sharp look out on the conduct of its members and are determined to investigate all cases of alieged irregularity on their part. Failure of Albert Cole & Co. The failure of this firm was announced at the Stock Exchange early in the aiternoon, and sales under the rule were made for its account. The announcement had no effect on the market, Cole being a broker only in a sinall way, The Suspension of Paton & Co., Jately announced, is followed by their resumption of business already. They have made a statement of their condition to their creditors, who have ex- berg themselves satisfied of the ability of the ouse eventually to pay all demands. The Gola Coming from Europe. The large importations of gold from Europe are accounted for by the disturbance and low rates in the foreign exchange market here last week, which induced some of the foreign bankers who trade between this and the foreign markets to im- port gold, there being at times last week a protit Oi two to four per cent by so doing. An anticipa- tion of an eariy return to specie payments ts en- tertained by Some people, and Liederman, Director of the Mint, is said to have expressed the epinion tiat silver coin may not unlikely be the ordinary circulating medium in this country within @ month’s tiie, aud to have issued such orders for an increased comage at all mints that more bullion will be coined during the next turee months than during any similar period in the his- tory of the government. The Firm of G. B. Grinnell & Co. A HERALD reporter, who visited the ofiice of this firm yesterday, found everything very quiet. injunction prohibiting the disposal of any of the securities of the firm reduces matters to a condi- tion of statu quo, In this stave of affairs all the Tumors set afloat about proceedings on the part of the firm one way or the other are without founda- tion. A member of the Governing Committee of the Stock Exchange gave yesterday the following account of the action of the committee in tne case of this house :— J.C. Williams, of that firm, this gentleman said, ‘was summoned before the Committee on Settie- Ments on Wednesday afternoon, when he either could not or would not take his stocks or margin them down according to the rules. He asked per- mission to withdraw for ten minutes, which was granted, and he did not return during the after- noon. The committee reported the matter to the Governing Committee yesterday morning, and the latter met to consider the case at half-past. ten o'clock, summoning Messrs. Williams and G. By Grinnell, the special partuer, to appear betore them. ‘The head of the firm, George Bird Grinnell, is not a member of the Exchange, and was, there- jore, not amenable to the comunttee, Meanwhile notice 0! the injunction in the bank- Tuptcy proceedings against Grinneil & Co. had been served on nearly all the firms and institutions with whom they had contracts, Messrs. Grinnell and Williams did not go before the committee, but sent word that they woula come ina few minutes. As they did not arrive the committee adjourned until quarter past two o'clock P. M., having had the witnesses served with a formal notice to appear at that time. When the committee assembled in the after- noon a note was recoiyed trom the firm requesting the commitice to delay actioh jor a few days. A Pay! peremptory notice was then sent, ordering hé Witnesses to appear and sey cause fox an; ag lay. This had the effect of ringing George B, Grinnell and J.C. Williams before the corfimlttéé, when they renewed their request for a postpone? ment oj action. They were told that if they gave @ good reason for such a course the committee ‘would consider it, but they merely said wnat they were acting under the advice of counsel, Mr. Grinnell was then examined, and when ques- tioned in regard to Henry Meyers, the creditor who Anstituted the bankruptcy proceedings against the firm, he appeared to know but litle about him. He said that the firm owed Meyers between $3,000 and $5,000, Mr. Grinnell was then asked how it happened that Meyers, if he was a comparative Stranger to him, was enabled to name in lus injune- tion nearly ail the parties with whom Grinnell & Co, had contracts, ‘This question he declined to answer. He was then asked directly if the injunc- tion was not obtaine« with his knowledge and con- ent, and he refused to answer this question also. he samme question Was put to Mr. Williams, and he also declined to answer. The witnesses were then dismissed, and the resolution for their expuision from the Exchange ‘Was unanimously adopted. The member of the Governing Committee who thus Papieines its action said that Messrs. Grinnell and Williams were summoned before the committee on account of a rumor that they were in collusion with Meyers, If this collusion had been proved they might have eet up the defence that they did not violate the rule against procuring an injunc- — Ls ieee kh non gy Or its officers, as the junction served only on the parties with whom they had contracts, 4 veoh rede By reiusing, however, to answer the questions necessary for the investigation of the Governing Committee, they had openly vioiated the rules of the association, and this was the direct ground of their expulsion, He said that the Governing Committee wished it to be distinctly understood that all members of the Stock Exchange, who wish to remain such, must act up to a high standard of honor and fair dealing. The firm of Jay Cooke & Co, is as quiet as a church- yard, Itis statod that in Philadelphia and Wash- Ington petitions have been filed asking to have the firm placed in involuntary bankruptcy, by parties who are anxious to get their money irom the suspended house, and that the order is returnable on the 10th, The Firm of Northrap & Chick have nothing to say concerning the condition of Aneir attairs, They are engaged in examining them ‘The | | checks and certificates of deposit to women and NEW YORK HERALD. SATURDAY, OCTOBER 4, 187: nt and seeking to see where they stand. ‘The other concerns are looking their way through the dificulties surrounding them and expect to be satisiactorily situated soon, At the Steck Exchange, after the opening, the expulsion of George Bird Grinnell & Co, was announced for non-compliance with its bylaws. It was also preciaimed that all creditors of the expelled firm attected by the in- junction granted by Judge Blatehford were leit to their legal rights. Some of the stocks of Richara Schell and Yaussig & Fisher have been sold out under the rule, At the Gold Room there was more than the usual volume of business disposed of. Heavy dealings in gold marked the morning hours, The fluctuations in price were easy, On stock loans the demand for woney was heavy and the rate for gold joans was six and seven per cent, The Loan Committee of the Clearing House held a meeting yesterday and resolved upon a withdrawal of the loan certi- ficates, $1,000,000 of which were cancelled, This Will go on as fast aa it is advisable, Brown, Wadsworth & Co., of No, 22 Nassau street, expect to resume in a few days, M. Kidder & Co., of No. 4 Wall street, nave ent aletter to the Stock Exchange announcing that they nave adjusted their aifairs and resumed business, The Effect of the Panic on the Spanish Government in Cuba. That the Spanish government in Cuba is on the eve of hopeless bankruptcy is conceded by many, and nothing proves it more conclusively than the arrangements which go into effect to-day, with relerence to its lottery enterprises. ihe follow- ing is the new law, V that half of the price for lottery tickets must be paid in gold, which goes into operation this afternoon after the drawing ot 810 tickets for $265,000 of prizes, the cost of the tickets being $500 and $300 each, The Spamish governm ont makes about $2,500,000 from this legal source annually. THE CKISIS ELSEWHERE, Secretary Richardson Declines to Establish a Government Exchange Bureau—Congress Must First Autnor- ize the Step. WASHINGTON, D. C., Oct. 3, 1873, The following letter was written to-day :— UNITED STATES TREASURY DEPARTMENT, WASHINGTON, Oct. 3, 1873. } Samvuet Y. Turper, President Obamber of Com- merce, Charleston, S. .:— Sir—l have the honor to acknowledge the Teceipt of the memorial of the Charieston (3. C.) amber of Commerce, addressed to the Presi- dent of the United States and referred to this Department, which, alter reciting the present stringency in the money market and the difficulty of obtaining currency, requests that the sum of $500,000 be placed and maintained on deposit with the Assistant Treasurer at Charleston, to be ased by him in the purchase of New York exchange from the banks, ‘To comply with the request it would be necessary for the Treasury Department to send currency by express to Charleston from time to time and to buy with itexchange on New York in competition with private bankers. Should this request be granted a hundred other places in the country might with equal propriety ask lor the same reltei, and if allsach requests were impartially granted the Depaitment would find itself engaged in an extensive exchange business, fixing and regulat- ing the rate of exchange between different places in the country; and the public money, raised by taxation only for the purpose of carrying on the government, would be employed toa very large amount in a business which Congress has not yet giveu the Secretary of the Treasury any authority to engage in, With due regard to the proper management of the Treasury Department within the provisions of the law, Ihave felt it to be my duty to decline all sizailar propositions from other places, and your re- quest must, therelore, receive the same response. Ihave the honor to be, very respecttully yours, ILLIAM A, RICHARDSON, Secretary of the Treasury, No Financial Excitement in Washing- ton. WASHINGTON, Oct, 8, 1873. No financial excitement whatever now exists, Currency 1s again becoming comparatively plenti- ful, but the notes of distant national banks consti- tute the larger part of the circulation, Jay Cooke & Co. Resume Business. PHILADELPHIA, Oct. 3, 1873. A-special despatch from Washington says:—Ex- Governor Cooke in conversation yesterday an- nounced that the firm of Jay Cooke & Co. will soon make a proposition to their creditors for the pur- pose: of enabiiiig it to resume business, The mem- ers ol the rm lave pooled their private property and personal assets and will place it at the com- mand of their creditors, m hquidation of their indebtedness, They propose to pay every cent they owe, both principal and interest. The detatls oi the proposition wiil be made pubile in due time. Messrs. Desire to Columbus, Ohio, Not Quite Free from the Panic. COLUMBUS, Oct, 2, 1873. The report that the Commercial Bank had closed its doors this morning was premature. ‘fhis arose from the fact that they refused to pay large checks and certificates. The bank is still paying small poor persons who really need thetr money tor im- mediate use. Messrs. Bartlett & Smitn are aiso following the same pl: Other banks are feeiing hopetul. Several large manufacturing establishments that feared being compeiled to reduce their furce have been assured by a national bank that they can have all the money they need on sixiy or ninety days’ paper. The feeling is more easy than this morning. One of the largest dry goods houses advertise that they will tuke thirty days’ certified checks in payment of goods, Chicago Commercially Convalescent. CuIcaGo, Ill, Oct. 3, 1873, Financial and commercial matters here continue to improve, and everything appears to be rapidly settling back into the normal and healthy con- dition. ‘The banks are daily increasing in strength, and the demand jor grain is acuve and prices higner. A CORRECTION, To THE Epitok OF THE HERAL New Yor«x, Oct, 8, 1873, In your Washington telegram published this morning I am erroneously included as a member of the firm of Jay Cooke & Co. My contract of co- partnership in that firm expired on the sist day of December, 1870, and has not since been renewed. EDWARD DODGE. SENATOR TRUMBULL ON OURRENT EVENTS. (Interview by a Chicago Times reporter, Sept. 30.) REPoRTER—Senator, you were instrumental in making the law under which our present money system was iutroduced? Haven't you some views that might ve of interést and benefit to the public? Senator TRUMBULL—No, Thaye not, £0 far as the law is Concerned, 1 don’, gee" hs they regard it much, All the banks seem to do just about as they please, entirely regardiess o: law. The fact is. 1 don't know much about the present troubles. So far as the gamblers are concerned I hope they may get allthey deserve, Otherwise I shall be glad when We are well through with the crisis. How is the feeling in the city this morning; [ haven't been down? RerorTeR—The , feeling Everybody speaks hopetully, is vastly improved. tor TRUMBULL—I ami glad to hear it. All we need confidence. The circulation 1s well se- cured, and nearly all the banks seem to be sound otherwise, Some o/ the banks are reopening again this morning, are they now? ReEPORTEKR—Yes, the Union, Bank of Commerce and Qook County National. Senator TRUMBULL—I have a little stock in the Cook County National, but I haven't troubled my- self about it, though Tam gied it has reopened. BS ae the crisis have any political effect? Senator TRuMBULI—Well, really, I don’t know. I am not troubling mysel! with poiitics now. How- ever, | Was a good deal amused to read the speech of my triend Sherman this morning. I see he makes glory for the republican party even out of this matter, It is very lunny reading. RevoRTER—That Class Of men were predicting this sort of thing tf Greeley were elected last fall. Senator TRUMBULL—That's so, Yes, Greeley was to be a terrible man, Rerorren—Did you read Rev. Alvin Bartlett's sermon on Christian statesmen, this morning? Senator TRUMBULL—NO; rather a poor sunject, T should think, for the past year has beeu a very bad one for Christian statesmen, Was Jay Cooke a Christian ? Revorter—Certainly, Senator TRUMBULL—Was Clews a Christian ? REPORTER—OF course. Senator TRUMBULL—I thought they were, (And then the Senator Odie Scripture, during which the reporter bowed himself ou ORIOKET NOTES, The St. George's Cricket Club, of this city, will play their last match of the season to-day at Ninth street, Hoboken, against the Germantown Cinb, of Philade!phia, Both clubs will play their strongest teams and a fine exhibition of the game is ex- beta Wickets ara vo be pitched ay AMERICAN JOCKEY CLUB. First Day of the Fall Running Mcet- ing at Jexome Park—The Events and the Entries—Pool Selling Last Even- ing. ‘This is the first day of the fall racing meeting at Jerome Park, and there is nodoubt tnat the in- auguration events will be of the grandest character, affording much amusement and speculation to the thousands that will witness them, Should the weather continue as pleasant as the past iew days have been the ride to Fordham will be exhilarating in the extreme, and the grounds about the course will be arrayed in such an exquisite garb of nature that the scene will be worth a journey of scores of miles. ‘there are seven events on the card to-day, the first being a purse of $400; entrance money to second horse; peaten maidens allowed, if 4 years old or less, 7 Ibs, ; if 6 years or more, 12 Ibs,; dash of three-quarters of a mile, The starters for this race will be Artist, Quits, Wizard, Kadi, Caribou, Free Lance, Bessie Lee and Ortolan, Second on the list is the Jerome Stakes for three- year-olds, of $100 each, half forfeit, with $1,500 added by the club and $500 in plate by Mr. Leonard Jerome; the second horse to receive $300 out of the Staxes; Closed July 16, 1871, with seveauty nomina- tions; dash of two miles, This will bring together Six of tue finest three-year-old colts in America, anu the contest will be ot the most exciting clar- acter, lt willbe @ grand honor to win tuis race, | and there will, without doubt, appear at Lie post to try conclusion: ling, Count D’Orsa) ands entries. ‘The third contest willbe the Nursery Stakes, for vo-year-olis, Of $40 each, play or pay, with £1,000 3 the second horse to recely outof the Closed July 15, 1872, with wity-four nomi- natious, dash of ove mile. From this number there will probably start fourteen, comprising two ol Mr. Belmont’s, McDaniel’s two, Dennison & Crawlord’s two, Lioyd’s two, Loriliard’s one, Withers’ two, Chamberlin’s two and Littell’s one. This will un- doubtedly be a fine race, and as two-year-old races are generally doubtiul, many times caused by the excitability of the youngsters, it will be @ large betting race before the start. ‘The fourth race will be the Manhattan Handicap, a@ sweepstakes oi $50 each, half forieit, and only $10 lu deciared by the 20th of September last, with $500 added; the second horse to receive $200 out of the stakes, Dash of one mile and a quarter, For this there will, without doupt, come to the post Harry Bassett, carrying 120 lbs. ; Preakness, 120 ibs.; OF: tolan, 116 Ibs.; bolus, 1141bs.; Stockwood, 112 1b: Mildew, 100 ibs.; Survivor, 97 lbs.; Minnie Mac, 95 Ibs. ; Stonehenge, 92 Ibs.; Joe Johnson, 90 lbs. ; Cross the Sea, 80 lbs, This will be a graud affair, doubtless, ‘The filth event will be a selling race, purse of $500, one mile and three quarters, ‘Lhe wimner to be sold at auction (or $1,500, or to carry 7 lbs, ex- tra; if entered to be sold, for $1,000, allowed 6 Ibs. ; jor $500, aliowed 12 lbs, All the surplus with tue entrance money to go to the second horge. There will come to the post Mate, Artist, Wheatly, Wild- idle, Hattie O'Neil and Utica, ‘The Sixta 18 @ match race tor $1,000, between Mr. L. L. Loriliard’s Girl of the Period and Mr. Peet’s Ophelia, hali-mile heats. ‘The sport of the day will wind =. with @ match of $600 each, play or pay, between Mr, Lawrence's Shylock and Mr. Sanford’s M. A. &., each four years old, the distance being a mile and a half. Pools were sold on these events last night at the Jockey Club rooms, Madison avenue and Twenty- seventh street, and at Mr. Chamberlin’s, No. 1,146 Broadway. The tollowing are an average :— AT JOCKEY CLUB ROOMS. Three-Quariers of a Mile, Jerome Stakes. Li Tom Bowling... each with the other, fom Bow: Springnok, Wididle, Merodac uehenge, tie best of the seventy original Stonehenge Fellowcra.t nee Bessie Lee Ortelan Nursery Stakes, Belmont’s entries, McDaniel & Co... 70 Dennison & Crawford 65 Lioyd......+ - 6 Carter Brown. Loritiard Withers Chamber! Littell... Manhattan Handicap. Harry Bassett. $100 Santord . Survivor. Stock wood, Lewis & Co, ross the Bea. THE SELLING RACE, Mate.. $100 Artist. Wheatly +++ 80 Wiididle...., Hattie O'Neil 10 Utica. ‘The first race will be called each day punctually at one o’clock. ‘The course can be reached by the New York and Harlem road to Fordham, and also by carriage through Central Park, Macemb’s Dam, Jerome avenue (late Central avenue); by Bioom- ingéaie road to Kingsbridge, and by ‘Southern Boulevard via Third avenue bridge; also by Third avenue and Fordham horse cars. DEERFOOT PARK. Closing of the Autumn Meeting—Team Trotting and Hurdle Racing—Lady Emma and Clothespin the Winners of the Team Trot and Revenge of the Hurdle Race. The Autumn Meeting at Deerfoot Park closed yesterday afternoon, The meeting has been suc- cessfulin every way. The entertainment offered for the “wind-up” was a team trotting race anda hurdle race, both of which seemed to please the spectators. ‘The first event had five entries, comprising H. J. Feek’s chestnut mare Emma and bay gelding Clothespin; J. H. Phillips’ bay gelding Mack and bay gelding Prince; W. H. Schenck’s bay gelding Listener and black gelding Adonis; Israel Denton’s black stallion Tom and bay mare Susie Clay, and William Thom’s black stallion Ripley and black mare Eveline. The latter team was withdrawn be- lore the start, Clothespin and Emma were the favorites at odds over the field. They won the first heat quite easily, Listener and Adonis being second and Phillips’ and Thom’s teams both distanced, The betting was then five to one on Clothespin and Emma against Listener and Adonis. The second heat and race were won by Clothespin and Emma very easily. Listener and Adonis, having done considerable running ‘rom beginning to end, were distanced therefor. ‘The second race was over hurdles, for a purse of $300; $150 to the first, $100 to the second and $50 to the third horse, mile heats, over four hurdles, The entries were Dr. Hanford’s bay stallion Harry Booth, by Lexington, dam Blonde, aged, to carry 140 Ibs. ; J. Boughrum’s sorrel gelding Revenge, by Revenue, dam unknown, aged, 155 |bs.; J, Bough- rum’s black gelding Gerald, by Mickey Free, dam Rosette, aged, 145 Ibs, and R. W. Walden’s bay filly Maid of Athens, by Prophet, dam Jessie Dixon, 4 years old, 140 lbs, Revenge and Harry Booth were the only starters, the odds being very heavy | on Revenge, “with Pepper to ride.” Harry Booth. The jumpin, Chirk rode in the first heat by both horses was very fine, Revenge taking the lead | at the start and keeping it to the end. The second heat was @ Counterpart of the first, Revenge win- ning easily, “T° ene. ‘The following are the 4 SUMMARTES DEERFOOT PARK, Oct. 8—LasT DAY OF THE AU- TUMN MEETING—Purse $200, for double teams; mile heats, best three in five; $100 to first, $75 to second, $25 to third. ENTRIES. H. J. Feek’s ch. m. Lady Clothespin W. H. Sctenc Adonis......... . J. H. Phillips’ b, g. Pri and b. Israel Denton’s bik, g. Tom and 5 | ee Hatt. First heat.. 22 Second heat SAME Day. the first horse, $100 to the second and $80 to the third horse; mile heats, over four hurdles, ENTRIES. J. Boughram’'s s. g. Kevenge, by Revenue, dam unknown, aged, 155 lbs, (Pepper) ...... 1 Dr. Hanford’s br. 8. Harry Booth, vy Lexing- ton, dam Blonde, aged, 140 Ibs. (Clark)...... 2 J. Boughrum’s bik. g. Geraid, by Mickey Free, dam Rosette, aged, 145 Ibs.,...... sresees Gi R. W. Walden’s ch. m. Maid of Athens, by Prophet, dam Jessie Dixon, 4 years old, THO 1DB.. cece cesses ccerereeeseeseveseesaeeraues dr, Time, Or ine ti Same DaY—Match $500; mile heats, best three in five, under the saddle, Jonn Murphy's 8. g. Jake. John Splan's br. m, Mollie Bar ir Paid for.eit. THE NASHVILLE BLOOD HORSE ASSOCIATION | BACES, NASHVILLE, Tenn., Oct. 3, 1878. ‘The first race was for the Belle Mead stake, two mile heats; sweepstakes for three-year-olds; twenty-two entries, There were four starters. The following is SUMMARY, ween meRo Hobo S r ‘Time, 3:46 4—3 403 444. In the last heat Fanny Malone tell, and in the first mile McCormack was ruled off for foul riding and Moselle was distanced. This gave the race to Nashville, The plored boy who rode Fanny Ma- Paid forfeit. | Jone was so seriousty Injured that It is thougnt ne cannot recover. The second race was for an Association Purse of $250; # dash of two miles. There were two entries and both horses started. SUMMARY. Stanford. Euchre. 1 2 Time, 3:433¢. The track wasin good condition, the weather fine, and the attendance large. During the after. noon a handsome subscription was taken up for the relief of Memphis. DEXTER PARK RACES. CHicaco, Il., Oct. 3, 1873, At the Dexter Park races yesterday the attend- ance was better than neretofore. In the first race, for horses that have never beaten 2:45, lor a purse of $1,000, five started. Professor won the first, third and fourth heats and therace. Amy B. took the second heat, but was distanced in the third, Marton beni the e third, beaten 4 Brother Jonathan won the race in three straight , lor a purse of $1,500, five started, heats, badger second, Thomas L. Young third, Time—z:25, a YACHTING. eee The Ocean Raccs—The Prizes Offered The Course Vo Be Sailed aud the Rules Geveruing the Events, It is beyond doubt that the ocean races, under the direction of the New York Yacht Club, to be sailed on Thursday, October 9, will be very luterest- ing events. Already the number of entries is sufilcient to assure this, but to make the occasion the grand success which it deserves to be the fleet of yacits, pilot bo: working schooners and schooner smucks should be very large. The Regatta ‘Committee having the races in charge issued yesterday the following specific in- structions and rules governing the events, which are worthy the attention of all concerned: — NEW YORK YACHT CLUZ—OCEAN RACES, OCTOBER, 1873. The {oilowing cup and purses, presented by Com- modore Bennett, will be sailed for on Thursday, Octover 9, 1 1, Cup of the value of $1,000, to be sailed for by schooher yachts belonging to any organized yacht club, trom an anchorage off Owl’s Head, New York Harvor, to and around the lightsuip on Five Fathoin Bank off Cape May, N. J., ana return to Sandy Hook Lightship. IL Three purses, oi the value of $1,000, $250 and $250, respectively, to be satled for over the same course, upon the same day, and open to the ioliow- ing classes of vessels huiliag from any port in the United States :— First—Pilot boats, Second—Working schooners of not less than 25 nor over 300 tons, old measurement. Thiyd—Schoouer smacks, In this race the first vessel arriving at the win- ning post to take a purse Of $1,000; the first vessel arriving Of each of the other two classes to tuke a purse of $250. No class, however, to win more than one purse. ‘kntries must be made before twelve M., October 7, to C, A. Minton, Secretary New York Yacht Ciub, No. 26 Broad street, New York, to whom also ail inquiries relative to the race should be addressed. No entrance tee required, ‘These races will be sailed in accordance with the sailing regulations of the New York Yacht Ciub, and the following SPECIFIC INSTURCTIONS :— about one mile trom the shore, and compeung vessels will anchor on the morning of tne race a3 follows :— 1L—Yachts—Fifty yards apart on a line drawn due east from tue stakeboat stationed nearest the Narrows. Il, Pilot boats, working schooners and smacks. Fiity yards apart on a line drawn due east trom the tak out siutioned to the nortiward of the rst line. its own, in the order of its arrival at the anchor- age. Mainsails, loresails and gafftopsails may be set belore starting, unless otherwise ordered by the Regatta Committee, Yachts wiil be required to carry their private and smacks will carry designating numbers in the middie of their mainsalis, just above the reef points. THE START, The competing vessels will be started at three o’clock P. M. preciscly, and the signals, which will be given from the judges’ steamer (the steam yacut Herald), will be as follow: For a preparatory Penis whistle, and the New York Yacht Club signal on the steamer will be lowered; and, ten minutes later, For the start—The same signals will be repeated, Whereupon all competing vessels will weigh anchors and get under way. THE COURSE, The course will be irom the anchorage, keeping to the eastward of buoys Nos. 9, 11 and 13 on the West Bank, to aud around buoy No. 8% en the Southwest Spit, leaving it on the port hand in turning, thence to amd around the Cape May Light- ship on Five Fathom Bauk, leaving it on the starboard hand in turning, and back to the Sandy Hook Lightship, passing to the westwara of the same, and within 200 yards, Ea immediately upon passing the sandy Hook Light- aulp aes to and report to the judge stationed on ard. APPROACHING LIGHTSHIPS AT NIGHT. Any vessel appreaching eituer lightship at night shall, when about half a mile distant, fire two rockets, to apprize the judge stationed on board other than @ yacht rounding the Cape May Light- ship at night shall, when nearest to it, fasn a light upon the number in her matneail, 80 that it may be distinguished. Rockets, lights and numbers for mainsails will be jurnisied upon application to the Secretary. The races will be governed by the lollowing ex- tracts from tue saliing regulations of the Club :— ROLE 7, Saite,—Yachts contending tor prizes may carry sails as follow: chooners.—Mainsail, foresail, fore staysail. jib, Jib, jib topsail, tore and main gait topsails and” in mast staysail, RULE 10, Objections.—If any objection be made with regard to the classification or sailing of an: objection must be made in writing to the Regatta Com- mittee before three o'clock P. M. on the next day atter the regatta. RULE 1. | Somnding.—Nothing but a hand lead and line to be used | in sounding during a regatta. RULE lt. Touching Buoys, §c.—A yacht touching any mark, boat or buoy ted to’ mark Out the course shail torfeie all claim to the prize, untess as in case specified in rule number nineieen. x, RULE | Floors and Bulkheads.—All & regatta, to | top- durin, keep the floors down and bulkheads standing, t ing or taking in water or ballast permitted within forty- eight hours of the tune named for starting, nor any trim | ming by dead weight allowed. RULE 18, Courses.—Any yacht bearing away or altering her course to leeward, arid thereby compelling another yacht to be: | away to avoid a collision, shall torfelt all ciaim to t prize and pay all damages that may ensie, unless whe two yachts are approaching the windward shure, 2 buoy or stakeboat together, with a tree wind, and so close to each other that the weathermost cannot bear away clear of the leewardmost and ding turther on wqyuld be in danger of running on shore or touching a buoy or stakeboat, then such leewardinost yacht, gn | | quested to bear away, is immediately fo cémply, j forieit all claim to ‘the prize for ‘not w ermost Vacht must, however, bear away as soon as | the one she haiis, i'she can do so’ without coming into | contact, RULE 19. Rowading Buoys.—When rounding a mark, boat or buoy the yacht nearest thereto is to be considered ihe lex most yacht; and should any other yacht iu the rac compel the yacht which is hearest to any mark, buat or buoy to touch said ‘kK, boat or buoy, the yacht si compelling her shai forfeit all claim to the prize, her owner shall pay tor all damages that may occur, and the yucht so compelled to touch a mark, boat or buoy shall ihot sufler any penalty for such contact, Req LE 2. Crurves.—Yachts going {ree must invariably give way for those by the wind on either tack. 4) are approach- her, and so close pt tack clear of rom would be hing a buoy or RULE 2h, | Conrees.—When two yachts by the wind | ing e, a buoy oF stake boat to; to each other that the leewardmost ¢: the weathermost. in danger ot ail claim to a prize for not doing so. rhe leewardmost yacht must, however, tack at the «ame thine as the one she hails, f she can do so without coming into contact ROLY 28, | Ruting of Regatta Conmitiee—The Regatta Committee | shall have power to decide all questions that may cin the sailing of the regatta, and also to exclude all hts which, by their decision, have violated any rule of the Club. There shall be no appeal from tue decision of this bisects TCHER WESTRAY,) WILLIAM KREBS, Regatta EDWARD b. CHASE, (Committee, CHARLES A. MINTON, PISTOL PRACTICE IN CHICAGO, CINCINNATI, Uct. 3, 187! W. J. Neville, a young druggist, was shot and instantly killed last night at his store, corner of | Eighth and Lock streets, by Dennis Cary, the owner of the premises. Neville had rented another store, aud was removing Itis effects. Some of the furniture he was taking away was claimed by Cary. Tius led to @ dispute which, it is said, Neville re- garded as of little consequence, when Cary drew # pistol and killed him. Neville is represented as having. been a very respectable young man, who came here from Ireiand about four years ago. THE CHELMSFORD RAILROAD ACOIDENT. LOWELL, Mass., Oct. 3, 1873. The accident at Chelmsford, Mass., last night, on the Framingham and Lowell Railroad, occurred on a sharp curve and by an extra freight train, The occupants of the carriage were J. A. Bartiett and Maria Reed, of Chelmsford, and Mrs. Greenleaf and daughter, of Krooklyn, N. Y¥. Mrs, Greenieat received severe injuries to her shoulder, and Miss Greenleaf, it 18 feared, 18 dangerously injured in- .—TRIPLE SHEET. ‘Two flagboats will be stationed off Owl's Head, | nu taking position in line each vessel may select | signals at the main peak, and working schooners | nh vessel shall | that she is a competing vessel, and any vessel | flying | yacht in a race, such | OUR QUARANTINE. Inspection of the Stations in the Lower Bay by Governor Dix Yesterday. The New “Well” Hospital on Hoffman Island and the Hospital for the Sick on Dix’s Island, What Governor Dix Thinks of Quarantine Affairs and the Custom House Management. Governor Dix yesterday made an official inspec- tion of Quarantine. He was accompanied by the members of his stat and bis private secretary, Colonel Sidney De Kay. Among the guests of the Quarantine Commissioners, who were also in at- tendance, were Mrs, Dix, Mrs, Blake (Governor Dix’s daughter), Mrs, Vanderpoel, the Misses De Kay and a large number of ship brokers and siip- ping merci ants, as well as several members of the Legislature, prominent among whom were Senator James Wood, Assemblymen Charles G. Cornell, John C, Jacobs and Professor Cla ‘The Governor was met at the Custom House wharf by Dr. Vanderpoel, the Health OMeer, about eleven o’clock, and was thence taken on boart the steamboat Nelson K. Hopkins down the Bay to the residence of the Doctor at the Quaran- tine Landing. The boat returned soon afterwards to the barge dock aud remained at the wharf thi two o'clock, when all the invited guests of the Quarantine Commissioners went aboard. The steamer was gaily bedecked with flags and bunting. When the boat arrived at the Quarantine Landing the Governor was escorted on board by Mr. Stears, the President of the Quarantine Commission, and, amid the discharge of artillery from the wharf and the tootiag of the whistles of the steam vessels which happened to be near by, the Nelson K. Hop- kins was headed down the Bay. The Governor, during the sall, made his appearance on the upper deck of the boat, looking heartier and physically Stronger than he has looked for many months past, and was introduced to the several gentiemen on board. Dr. Vanderpoel acted as the cicerone of the party and general observation director for every place along the shore which he deemed would be attractive to the guests of the Commissioners, On arriving off THE NEW BOARDING STATION, for the accommodation of wiich the State some time ago purchasea eight acres of ground on the west bank, the boat was brought to a dead stop to enable everybody to witness for himself what had been done and was being done towards puting the station in good order. The station is deligntiully situated, and Dr. Vanderpoel ex- plained that the new wharf was 200 feet long ana that there was sixteen feet of water immediately outside of it and ten feet on either side, the water in the Bay in the immediate front being deep enough to allow vessels of the largest draught to | anchor in safety in the neighborhood. The bank is being nicely graded and the residence of the health oficer, already in course of construction, is pleasantly perched on the brow of the bluff that overlooks the anchorage ground. The next place at which a stop was made was HOFFMAN ISLAND, | It will be remembered that several years ago where the island now lies there was but a shoal, where the sea had piled the sand in ugly bars, The then Quaraatine authorities conceived the | idea of building a hospital on the spo*, and since that time a solid rip-rap foundation has been laid } and the entire groundwork surrounded by a solidly constructed whari-defence, thet would put to shame any one of our so- called first class wharves on the river fronts of the city. The entire party, o | arriving at the isiand, disembarked and accorn- | panied the Governor on a tour through the puild- ! ings. The latter are taree in number, They are | Of plain brick, two stories in height, aud are | solidly constructed, The Health Otticer explained that piles were first driven down into the sand bed | until “smasued,” and then the rocks were added | tomake the foundation proof against the ravages of the ocean. He stated that even should the rest | of the istand by any Py, be swept away the | buildings would still remain firm, so immovable is the groundwork on wihich they stand, The istand is to be reserved exclusively for well | passengers arriving on ships having contagious | allotted to cabin passengers and the other two to | Steerage passengers. They are all admirably | tended; the rooms are all large and well venti- lated, aud everything about them is indicative of skilful handiwork, coupled with a thorough knowi- edge by tue supervisor of the work of the real | wants of a “weil” hospital, The interior of the buildings has more the appearance of a nicely | constructed seaside hotel, spectaliy suited to the | conventeuce of transient boarders, ‘he inspec- | ion over, the steamboat was agai headed down the bay, ana after a stort sail DIX’S I3LAND was reached, As it was generally known that reireshmeuts and champague galore were to be placed at the disposal of the guests, whose appetites, by the way, had becn sharpened by the | sea air daring the trip from the city, it was not | long beiore everybody was ashore and making | Tapid strides lor the Ittle white buildings, in one | | of which the feast of reason and the flow of soul Were destined to be indulged in. ‘The buildings | were inspected (there are ve), all of them being | lor the use of passengers arriving at this port ili | of contagious diseases. Tne isiaud, small [as it is, has been aa latd out | So far as the limited made land about the buildings permitted, and the entire place has such an air of Cleanliness and healthfulness about it that it was hard to convince one’s self in looking about that it was notihiug m { months than an abiding place of Yellow Jack and | Cholera. The wards were visited one by one. They ) Were all clean and neat, the fours as smooth and olisied as that of w ballroom, and the tidy littie veds anu their white counterpanes seemed to in- vite repose then and there to weli and sick alik | Phe thspection over, the guests were conducted | into tho largest room of one of the buildings, where ; @ tavle loaded down with sandwiches, salad, ghicken and ham, set of here and there by a cham- pocme bows Math made the be he f the hungry and thirsty oues gi'sten, It took fully an pour tor tne goodly Led pol to satisfy the cravings or the | immer maa; and when the salad and the chicken | had finally disappeared the Governor entered the | Toom and was greeted very warmly. Quiet was s00n restored and Mr. Stears, the President of the Quarantine Commission, in a few well chosen ne Governor bowed his acknowledgments and said — SPEECH OF GOVERNOR DIX, many representatives of the commercial interests of the city of New York—the acknowledged emporium of the | Umion. Tam particularly gratified to meet you here at Quarantine, the honest and efficiont management ot | Which 1s so essential to your prosperity and that of the city; for nothiny fs beter calculated | than joose OF extortionate administration ot its neerns to drive cominerce out of its id turn {t into others where it it would never go but for exe embarrassments and depredations. ‘hat your commerce has suffered to some extent from these causes under former administrations of the Quarantine no one disputes, and it is a greatgratification to know that the evil has been remedied by morg capable and conscien tivus officers, (Lond applanse,)" 1 hear of no extortion no partialities, no needless intermeddling with the freedom of your mercantile transactions—nothing, jin & word, to hinpsir by unwise regulations | or dishonest practices, your natural advantages in the active competition you are carrying on with other lead- ing cities and communtiies for the rewards of commer. cial enterprise. If 1 am not tmistaken, gentlemen, # tnost linportant step has been taken by your excellent Heaith Officer in the management of contigious diseases y, by coniining them to particular localities itt your immediate vicinity and by judicious management excluding them from access to the city; or, in oth words, of so isolating = them: nm im contact with you that the comme of the city may be carried on without inierruption and the annoying and expensive delays incident to a rigid enforcement of the old quarantine regulations may pe avoided, (Applause.) Some facts illustrative of what I have said will, at no distant day, be made public, and I do not think anything could say would be an exagger- Avion of their tinportance. is oe subject more on which I wish to Ld @ word, a ithas, in some meas- nm my ure, a personal — beartug. y message to the Legislature in January last I stated that tuere had been numerous “complaints in regard to the conduct of the harbor masters, and accusations of extortion for extending to shipowners and masters the privileges of the docks, which they were equally entit ed to enjoy, without’ extra compensation, Under a practice which had gradually grown up, the appointment ‘of these officers had been virtually given to the members of the Legislature by allowing them to control the nomi- nations, and the consequence was that tndividuals from the interior of the state, who had no knowledge of the wants of the commercial classes—some of whom, it is said, had never seen a ship—were in tome ‘instances appointed, to these, Important and te. sponsible nautical offices, I believed tt to be my duty, #0 tar as it depended on me, to put an end to this Picea tice by nominating to the Senate from the city, aa Irom the inverior counties men who were familjar wit the needs of ships tn and Sood 6. to do so) in ay casd, it was aUse sf In regard to the qualifications Mreandidates, {" believe, however. that I'd not ere in my choice and that these officers are all pertorming diseases ou board, One of the buildings is to be | adapted ior the purposes jor which they are in- | re or less during the summer | words formally introduced him to the company. | Gextirwen—It is a great pleasure to me to meet so | atural channels | Tnerr auties faithfully and impartially, (a Uihat's 40" and applause) And here leet ie due to the mempers of the uate who had, unger the old prac- tice, #0 ‘an interest. in ‘these.appotutinents, to that my views regard to your want« were cheer. fully acquiesced in and iy nowinavions were romptly confirmed. In this —retorm think f am not mistaken in saying that your interests have obtained a substantial protection, aid finally, gen- . I take pleasure in saving, as @ gratetul evidence spirit of reform, that the management w York custom by the present officers of the federal government is conceded to be worthy of all commendations. Iwill only add. that teel, 4s ever New Yorker must, a deep interest in the commerce an Prosperity of your city, not for itself alone, but also, be- Pause t-te sd, imorediately and inseparably interwoven with that of the agricultural and mechanical interests of the State, and that no effort within the scope of my offi. cia! authority will be spared to protec3 and promote their united welfare. DR. VANDERPOEL’S HEALTH REMARKS. Dr. VANDERPOEL was then called upon, and in answer to the cail made @ few remarks, He said that experience nad taught him that no arbitrary rule should be made for quarantine and that every port could not be bound justly by the same regu- lations. Regard should always be had for the period of incubation in cases of contagious dis- eases, New York was only tour days from Havana, and within but a few days, compared with other important ports, from ports whence contagious diseases annually spring forth. The State had been munificent in her dealings with her quarantine, and the port, as qnarantined under the laws of the State, was Sines pe to New Yorkers. Hoffman Island had, he sald, no arallel the world over, When tt would be ready for the reception of well passengers from infected ships its Value would be patent to everybody. The infected vessels arriving would be at’ once fumi- gated and disinfected thoroughly, and at once al- lowed to go up to the city, 'He then made the astonishing statement that during the past simmer there had been in Quarantine seventy- four cases ol contagious disease, sixty-two of whtch were of yellow fever, thirteen of which had proven fatal. He then added that, had ne allowed tue reporters of the press who were so persistent im their efforts day and night to get at the full facts, every Vessel leaving this port would have been qiarautined in every European port, This he had prevented by keeping !uil information of the actual condition of affairs from the reporters, who, he said, had afterwards looked at the matter in its oper light when they learned the motive which fad prompted his action. A LEGISLATOR’S SAY. Mr.Jonn C, Jacoss was next called upon, and made a few pithy remarks complimenting General Dix’s general State poiicy, and especially euiogiz~ ing him tor lus desire to do all that he couid to ad- Vance the interests of the Empire State. WHERE ARE THEY ? Several other geatlemen also made speeches. About five o’clock the entire party got aboard the steamer and revurned to this city. On near- ing the Upper Quarantine the steamer Deutschiand, which had just arrived from abroad, was descried, and at the suggestion of several gentlemett of the company the Hopkins was run alongside of her. About twenty of the party went aboard the steamer, the forward part of whose deck was crowded with Ger- man emigrants. While they were aaa ee on board the new comer the Hopkins slyly backed away, turned bow towards the city and lett them to their tate. Whether they were taken in as emigrants on their arrival at Castle Garden isa question that was not settled up to midnight. A BROOKLYN 30ND ROBBERY, Sackett Street Boulevard Bonds te the Value of $2,000 Stolen from the Comp- troller’s Office—Arrest of a Clerk Charged with Being the Culprit. AGerman named Rudo!ph Kessler, about thirty years of age, employed as a bond clerk in the office of the Brooklyn Comptrolier, Mr, Frederick Schroe- der, was taken into custody yesterday on charge of having stolen two bonds for $1,000 each. The bonds in question are known as Sackett street boulevard bonds, and bear interest at seven per cent, As soon as Mr. Schroeder discovered the robbery he repaired to tne court room of Police Justice Walsh, in the basement of the City Hall, and there filed the following sworn complaint against his former trusted clerk, Kessler:— State of Nei York, County of Kiage Frederick 4. Schroe- der, belus duly sworn, deposes and says that on the 3d day Of September, 1373, at the city of Brookiyn, in the county of Kings, the ‘following articles, viz., two coupon ponds: of the Value of $2,00), the property of the city ot Brook- lyn, were ielonlously taken, stolen and carried away from deponent’s possesston, and that the deponent hag probable cause to suspect, and does suspect, that the said arucles were so stolen And carried away by Rudolph ess Sworn to before me, this 3d day of October, 1873.—Ax- DREW Watsu, Police Justice, The prisoner, who was immediately arraigned before the Court, pleaded not guilty, and his ex- amination was set down for to-day. The accused says that about the middle of Septembers. B. French, a broker doing business at No. 176 Fulton street, New York, came to see him and asked him if be knew anybody who was desirous of parchasing Brooklyn bonds, This was not at all strange to him,. as French had been in the habit of puying bonds 1 | of the Comptrolier, and Kessler supposed Frenchy | might have been short. if any one called on him to buy bonds the defendant said be would jet him | Know. AMr, Wilson cailed a lew days later and | tuid Kessier that he had a smal! amount of B:ooklyn | bonds lor which le wisued to tind a customer. ‘The | prisoner told Wilson that a Mr. Broisied, residing corner Rush street and Broadway, E. D., had re* | cently applied to bim for bonds, and Wilson was requested to cail again, but failed to do so. In the meantime Broisted told Kessier he would take $14,000 more of the bonds ii he could get them. Kessier told French of tis tact, and the latter re- plied that he had Purk bonds to that amount for | gale. Nothing came o/ the $14,000 transaction with these parties. On Thursday last Mr, Wil- son called on tne accused, and said, ac- cording to the statemeut of the latcer. that {he bad the bonds Nos. 499 and 600, | seven per cent, with ten years to run | from July last. Kessler then went with Wilson to Broisted’s house, Kutledge street, corner oi Broad- way, and there introduced the parties to one another, but claims that he did not see or handle the bonds, nor had he anything to say about the bargain. ‘he bonds were sold for ninety-six cents on the dollar, and a check Was drawn by Brolsted , for the money, and Wilson took itto the Mechanics’ Bank and got the cash. Wilson has not been seen since. Kessler was to receive $20 as commission for the transaction, He claims that he does not Kuow Wiison or anything about iim further than | having seen him at the City Hall once or twice. Mr. Broisted discovered subsequently that the bonds were not filled up, the date not bid | filled in. The Comptroller was thereupon notitie | by the purchaser, and in this way the robbery | came to light. Mr. Scnroeder alieges that he gave these bonds to the prisoner to be cancelled. Mr. | Kessler states that the safe in the Comptroiler’s ; OMice was often leit open, and was so tound one | morning when the clerks came to the office. The prisoner, Who was committed to jail, has engaged Mr. P. Keady as his counsel. ~~ ‘The following letter was sent f6 the Mayor yes- | terday afternoon by Mr. Schroeder: ComrtTRouiEr’s Orrice, Oet. 3, I Hon. 8. 8. Powe, Mayor:— i iss Dear Siz—I hear tat it is rumored that there Is @ large detalcation in my department. T respectiully re- quest you to call a mecting of the Examining Board tor to-morrow morning, so that the affairs of my depart. | ment may be investizated. I Know of tho ther or only 5 0, | two bonds of $1,00) cach, and do not | thing eise will be found wrong. The are in such a condition that you may that head in au hour or tw. s y yourself on, ery respectiully, Dek, Comptrotler. In accordance with the foregoing request the or notified the City Clerk to call a meeting of | the Examining Board for to-day at ten A. M. BOATING IN PATERSON, | The great event of tiie season in Paterson in the ' aquatic line has for some time been the single scull race on Dundee Lake, to come off on October 3, between George Lowe, of the Dundee Club, and FE. B, Atterbury, Jr, of the H. M.A. Club, Both | representing the best skill of the respective clubs, | and being the champions of the lake, the most in; | tense interest has been manilested, and no contest ever occurred in Paterson that created more ex- | citement. Probably $10,000 was at stake, mostly | on even bets, 80 even were the competitot con- sidered. The lake yesterday afternoon was the ; scene of lie and activity. The several boat | houses were crowded to their utmost capa- | city,” and the river banks were lined with | spectators on foot and in carriages. The race came Of about four o'clock, and when | the boats started off, the club house presented & soene resembling the Stock Exchange ina panic. ‘Twice the boats “fouled” on the down-trip, creat- ing great excitement, each side charging the | Other that it was not accidental. The course was over one and five-eighths of a mile, and Lowe came in some eight or ten lengths ahead, the time being 18 minutes, 30 seconds. But owing to the excite- meni, the judges refused to anuounce their decision until eight o'clock in the evening; and then, after about an hour's consultation was decided that it was “no race,” and ail bets were deciared off. The decision gave great dis- | swtisfaction to the respective pardes, butts prob- abiy the best that could have been made. The | prize was a $300 set of silver, presented by Mr. D. B. Grant. of the Grant Locomotive Works, It ts not yet decided whether the race will be rowed over again, EVENING HIGH S0HO0L To-morrow evening the “Evening High School,” Thirteenth street, between Fifth and sixth ave- nues, will open fer the winter course. This echool is to the night schools what the Free College is to the grammar schools, All who have passed credit- able examinations are admitted to it. English grammar and composition, deciamation, penman+ ship, bookkeeping and arithmetic, Sune Casmad try and trigonometry, natural tories os try, astronomy, American histor. 1 petitioak science, architectural, mechanical and drawing, are taughtin the school. To these have been lately added anatomy, Bee and hy- eae All who apply will pe admnitte ‘the lec: ‘ures.