The New York Herald Newspaper, November 4, 1873, Page 8

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PINANGIAL, AND CONMERCLA ‘A DAY OF DISTRUST. ‘Speculation On Bdge and Operators Measuring the Probabilities of the Future, RUMORS OF THE HOUR. 186 (010), 93; Go OF 18M, WH mB 16K; forty bonds, 90% a 91; new fives, 9034 a 90%; Erie Railway shares, 38 a 384; New York Central, 71%. At Paris, rentes were weak and declined to S6f. 25¢. The German government contluaed the purchase of $8,000,000 of new fives United States bonds to-day. The following are the quotations from Amsterdam:—Central Pacific first mortgage bonds, 77; Union Pacific firat mortgage, 63; Union Pacific stock, 15%; Northwest preferred, 53; St. Paul preferred, 44%; Erie Railway shares, 413g. American securities irregular. GOVERNMENT BONDS closed firm, under the London report that the German government have just concluded @ further purchase of three millions of United States new fives. The closing quotations are as follow: United States sixes, 1881, registered, 111% ; do. do., Stocks Steady—Reform Required | coupon, 113 a 114; do. five-twenties, 1862, coupon, in the Stock Exchange— Real Values Wanted. GOLD LOWER. Money Stringent—The Foreign Situation Doubtful—Signs and Symptoms. WALL BrEaet 1 Monpay, Nov. 3—6 P. M.§ There have been few pages since the opening ehapters of the panic on which were written more gloom and distrust tnan were observable to-day. Tne prices of stocks were well maintained and no attempt was made by either bulls or bears to dis- turb the quiet of the situation; yet there was everywhere evident a feeling of depression which 4m its power and universality might be almost ignified by the name of instinct, Speculation was limited to transactions between brokers, and to Bhose who have little {aith in the future. Cash Dusiness was done on @ smaller scale than usual Men seemed inclined to weigh PACTS AND PROBABILITIES more than mere rumors, as they usually do. The foreign situation was’ a subject of serious dis- cussion. The advance of Continental rates of dis- count gave rise to doubts and provoked feverish suggestiveness, A report that the Pennsylvania Railroad Company, being unable to draw on Lon- on for more money, had passed its dividend also added to fears which were not aliayed by the sub- sequent announcement that the corporation had e@ucceeded in raising money to make their pay- ments on Wednesday. it was likewise currently reported that the committee of merchants and bankers who went to Boston on Saturday for the purpose of negotiating a settlement with THE OREDITORS OF CLAFLIN & CO., and to make @ pool contributory to the relief of the the firm had not met with the prompt response that was anticipated and that the propositions were still pending; that financial gloom enshrouded the “Athens of America,” and the suspension of ‘work in the mills and factories were adding to the entanglement of the hour and augmenting strin- @ency. Later in the day it was announced that the committee had returned without effecting their object, and an interview witha member of the firm, elsewhere published, would seem to in- dicate the utmost satisfaction with the result. It is reiterated that the firm can “take care of them- welves and if necessary the New York banks will ‘help them.” We trust that it may prove true, yet MN seems A TRIFLE SINGULAR that a “committee” should lave ‘gone to Boston to obtain help and have returned with empty hands, especially in the face of a despatch indited from the house itself to the effect that—We are all rigtt, A pool has been sormed in Boston, Provi- dence and New York to put us through to tne AMOUNt Of $5,000,000." be made on sucha situation that will not come spontaneously to the mind of every reader, But what the country now demands is truth. Financ- fers and capitalists, merchants and manufacturers may indulge in as much dalliance with the pos- sibilities of the hour as they please, but it suould not be forgotton that there are other thousands sepresenting smail MORSELS OF WEALTH who are interested in honest statements, The cou: try desires to know something of the strength of New York banks, but the information is denied. We all want a statement o/ the dduciary capacity | of the metropolis, but there seems to be a timidity in making it public. notin a presentable condition. The fester is running and the new skin not yet formed, T eruption is confined within a singie bandage, and it is not until the Clearing House Association takes ‘eff its clouts that the poor depositor will know the extent of the disease from which he bas suffered or may be recovering. corporation business, tis unwillinguess to tace unfinchingly, like honest men, the broad facts of the hour—to let the weak go to the wall as they @eserve to do—to uphola mere skeletons, around whieh hang RAGS OF FORMER FLESH and strength, that has caused so much of public doubt, and not until we have a lair and honest exhibit of the condition of our banking institutions can we expect anything like a return of public | confidence. While asking for revelations let us also ask forinformation concerning oup ratlway corporations, The public are tired of trand; they have had enough of fancy figures. The earnings of a company are in 4 measure an Indication of the value ofits property. Heretofore the latter has been purely speculative, because its president and directors, living in New York, behind the golden signs of Wall stre With the property they assumed wo control. Fi one weeks in the year they spend on ‘Change, ma- nipalating stocks on AN INFLATED CAPITAL. The other seven days they give to Chicago, Cin- cinnati or Albany and the wheeding of country | stockholders. But there is a chance now to change all this—a chance to get rid of autocracy, tyranoy of cliques and the power of corporations. Af the Stoc! hange will do ite duty, a law may be passed during the week that will compel every railroad, steamship, expresa, mining and telegraph company on its list to render a monthly statement of earnings for the benetit both of members of the Board and of the public at jarge. And in so doing it will establish a basis for more legitimate speculation, Men will then know what they are buying. Men ‘Will Know whether revenues have been absorbed by robbery, or tresh stock put out as collateral for loans to pay interest. Lake Shore and a half dozen of other stocks might not show such @ pleasant face if this rule were applied, nor would the country be | agitated by the artificial rise or deciine of prices ‘hat Is daily wituessed on Wall street as the result Of ignorance a8 to real vaines. The penaity tor re- fusing to make such regular report to a committee Of examination should be dismissal and cxpung- Ang from the cail, THE MONEY MAnupr (was strong to-day, with rates on call ioans ran ing from 1-16 to { per cent per diem. The discount market was duil in cousequence of the uncertainty still attached to the mercantile situation. The Joreign exchanges were in @ demoralized condi- tion, with actual business at a juriher ¢ Prime bankers’ sixty days sterling sold at 1064; 1q 106, and sight 107% to 107%. Commercial vills are dull at 1045 to 105, ne banks are said to have targely gained on legal tenders. THE FORBIGN SITUATION Was contemplated with much interest to-day, be- eause much was expected from it, The public news, however, was pot disturbing. despatches irom Frank/ort and Am&terdam tndi- ated serious complications in the nancial world and. the possibility of @ stringent condition of afairs, resulting from the advance of Continental Dank rates. The measure may be only precaution- ary and responsive to the action of the Bank of England, Consols are reported varely steady and Atwerican securities weaker, the quotations, as compared with Friday last, being M @ 3% per cent jower. The rate of discount in ‘the open market on three months bills is ‘Sper cent, or the same as the Bank of England Money at the Stock Exchange on govern- Becurities was 7 per cent. We make late quo- as follows:—Consols for money, 92% a %2!4 5 There are no comments to | In other words, the sore is | t, have done as they pleased | Yet private | 106% @ 107; do. do., 1864, do., 106% bid; do, do., 1865, do., 10734 a 108; do, do., 1865, d0., new, 100% & 11034; do. do., 1867, coupons, 112 a 112495 do., 1868, a0., 111% @ 112%; do, ten-lorties, registered, 1063; ; bid; do. do,, coupon, 1065, @ 106%; do, fives, 1881, do., 108% & 10914; do. do., 1881, dow 107% bid. SOUTHERN SECURITIES are withont materia) change. Old and new Ten- nessees closed at 62 to 69, old Virginias, 3244 bi new, 95 bid; consols, 45 to 47, and deferred, 7 to % Georgias are 50 vid, Old North Carolinas are 1544 to @), new offering at 17 and special tax at 5% to 10, For old South Carolinas 22 is bid, new July South Carolinas being 7 to 10, and April 10 to 20, Plain Missouri sixes closed at 8434 tO 854s. THE GOLD MARKET. Gold was heavier and lower to-day, not, how- ever, in response to any known direct cause. The merchants are not buying any exchange, and, coa- sequently, are not buying any gold. It is said that not a few members of the Board, as welt as outside speculators, are locking up gold at the present low rates, believing that before long there will be a demand for shipment. The price to- day declined from 108% to 10744, but subsequently rallied to 107%, and closed at 1075 The rates for | per cent until Wednesday. | which arrived yescerday, brought $20,000 gold. Was as follows: Gold cleared. Gold balances. Currency balai Currency exchanges. Currency balances.... Gold exchanges. Gold balances..... . RAILROAD BOY ‘The latest bids for railroad bonds are annexed: New York Cen 6's, '83.. 83 Chie &N W st. New Yori en 8 re 2 NY Ce Chie & NW con tds!) cubic &N W istin... & Wh is, 78: Erie Sdn. x. Erie 4th m 7's, ‘0 Erie sth in Pe 88 Long Dock bonds 1 Mich Pits. FtW & Chie Ist Chi, Pittere War Coie 2¢ ai 98 Puts, et W & Chic 8d m 80 i Chie'& Alton Istm.....101 Detroit, M & Tol bas. hie & Alton income. Luke shore div bis... St Ohio @ iss cons tes. Big Lake Shore con cbds.. 87 st Lonis& Lat tstm. Pac RR 7's, gd by Mo... Mil & St P Ist m, Lav D 80 Len racitie com bds... 8 Chic & Mil Istm Union rac ist m bds Joliet & Chic Ist im. Union Pac lg 7s NY&NH6*...... Union bac ine ws Bost, H & E Isim.. Nien 7 pe, 75 1 THE UNITED STATES TREASURY. The payments made irom the Treasury Depart- ment by warrants during the month of October last amounted to $14,832,865 | principal of the public debt of the United State: | The Assistant Treasurer paid out $49,000 in called bonds and $450 in silver cow, disbursing $325,001 in coin interest. The receipts from customs to-day were $314,000; from internal revenue, $310,077, BANK SHARES, | The Fourth’ Nationai Bank stock sold at 90, and | Germen-American at 88 The following are the carrying Were 1-16, 3-32, 5-64, $y, 5-32, 1-32and7 | The steamer Batavia, | | ‘The day’s business at the Gold Exchange Bank | | The above does | ; not include payments on account of interest or | 4 Sees erygne2 8 cia BERES F en oe! 8 = s3 es ey i 82 2 B1y BL . scenepyuvyiéaenexgazvetyee xc e g ratte SSsSS8S cen secSeeseu BESEEZESSSELEESESESES SESE cE SesEs 100 L 20) 2100. 300 eo 100 0 aw 400 lu 20 500 100 700 loo BuO ‘200 20 60 300 200 300 800 eupeEuace SEeee SSEEESE 10000 do. 1 3000 US 5-20. 165, .b'¢ Hos 10000 “do 2.0 Ud 6s, ©, "SI. 2000 US 5-20, ¢, 12. 10K a is 200 U Sencar. 2b 108%4 P. M.—Before Call. KOshs LS&MSRR.. 62 A a VRRKLLAe Sees bids:—New York, 110; Manhattan, 113; Mer- | chants’, 100; Union, 125; America, 130; Fulton, | | 125; American Exchange, 974 | porters and Traders’, 150, THE STOCK MARKET opened strong, but subsequently became irregu- lar and closed at a decline of from 3; to 1}; per cent. Western Union, however, opened at 50 and | left off at 5035, with sales in the interim at 494; a | 514 a 485 a 50% a 40%. Next in importance were | Lake Shore and New York Central, though an | active business was done in some of the other res. Much of the downward tendency was | sisted by the rumors concerning Pennsylvauia | entral dividends, the loss of the steamer Ariel, of | the Pacific Mail line, on the Pacific Coast, and | other facts heretoiore alluded to. The various changes of price will be founda in the tables which | follow. HIGHEST AND LOWEST. and lowest prices of the day { Opening. Highest. Lovest. | N.Y. C. & H.R. R. stock, } con 83% Harlem. | Erte... Lake Shore. Wabash. Northwe 6 é | Fort Wayne. Muwaukee & St. Pauw | Milwaukee & st. | Ohio & Mississipy | New Jer rn Union T graph. | Pacific Mail..... In Philadelphia stocks. are quoted as unsettled. he foflowing are some of the late prices:—Penn- esas ai 10744; Reading Railroad, 504;; goid, 107 Philadelphia and Erie Railroad, 15; Pennsylvania Railroad, 45. j 2 | SALES AT THE NEW “YORK 8TOOK EXCHANGE, Monday, Nov. 3=10:15 A. M. -be 10535 $1 80000 t 8 5m 6.6 i | 7 [10 fo Ws 6u00 US fe 112% 2000 10 A, M.—Betore Call. 49% 100 shs Bost, H&A ERR 115 by 00 do... ¢ 1 dos. 00 5u0 1400 40 0 | 600 | 50 ” 10 | a0 rm) 10) 40 1300 Pac } nw ww do... w= do 20) do my 4 0 Am Hay RR NWR | 20 Chi AN Wi | 9) 8 ¥ eit ¥ H wy do. | «or do. " wo Qirvies 2 do ja = do 3) do ria K i | to Kirst Board—10:30 AY mM. $2(00 Missouri Os... 8 (hs Tol, Wad aw.. 37 20) 0. 6 . : Im- | 300 ; Market, 110; ln. | io | The following tat bh fon Ing table shows the enh ghest | It is this secrecy, this close | eee eee 5 27, WNYC &HRKK. be 20 4" do 8 “4 Ch 86 9) Chic &Alt RR phbe 90 2 Ohio AMREK...De 22% mW do. 2 Ey 30 do 4 | J00 H & & 3 703 ow 2- 100 Mor #5 RR, lw wo, C&C RR ay) 10) Atlan & Pac pf. 2:30 to 38 BP, M, $0 she West Un Tel... 49, $00 shy Line KR. 4535 su “ BL 600 a “0 1000 EO) 20 1 Mego Marl, NY 30 300 6 | | $2000 Un Pac Ist m 10) do gue Paci Cen I 300) Long Dock bis. 4c 0 & M con st.be “200 C Pac gid bds..c de 6 American Ex 50 « 20 Adams EX.: 200 bre RR 100 ao. 10 Harlem & 100 do.... ia do. 100 Mich Cen RR. ...be 100 Clev& Pitts guar.be 74 CLOSING PRIGES—3_ O'CLOCK P. M, Western Un Tel 49% ® Quicksilver pt.. 20 Adams kxpress. 76 Welly # Up kxpress, Han & Jo... 17 Han & Sto pi. 2 l Mi Ooeccee WT Union Pac. Cc OMMERCIAL 1 REPORT. ———+. | Cotton Lower for Spot aed Fatures= Flour Unchangea—Wheat Dull—Corn Steady—Oats Firmer—Pork Dull=Lard Steady — Grocer! Unchanged — Petro- Jeum Dull and Nominai—Naval stores be pany S7's, DA, re. 2056 Fy th wu Tow Cen ine Hiiked bs Bi, 100 OW Ua PBR Jam... Wo AW Nominally Easier—Whiskey Steady. MONDAY, Nov. 36 P, M, Thg sccelergted moyemeyt in genera mercbape j quoted at Loco dise noticed at the close of last week continued to-day, though not ) 80 acti @ consequent feeling of relief in r an apparently better grounded hope than has been along back that the merchants ally, having learned wisdom from expe! have prepared themselves to weather the and that the worst is now past. The hope that was entertained at the beginning of the troubles that this would prove to be only a stock panic and that it would not extend to commercial affairs having proved fallacious, the mercantile commu- nity hi seemingly determined to do ail that can be done to avert further disaster. The fall trade has peep greatly retarded and curtailed, while there has been a general shrinkage of values; but it is now hoped that the decline has been ar- Tested and that every succeeding day wil) witness an improvement in the commeretal situation, though it will probably be some time before there will be any gen” eral activity. On ‘Change to-day the flour market was steady. Wheat was in moderate request, but the market opened very strong, under favorable advices from: the West and from Europe, but closed dull, with free sellers at Saturday’s figures, Corn was steady. Oats were. firmer. Whiskey was steady, Freights were strong Pork was nominal. Lard was quiet and easy. Very little ‘was consummated in gegoaries, bat prices exhibited no change, Cotton was only in moderate request at a de- cline of tye. per ee both for otand tutvre. Petroleum was di nominal. Naval stores were dull and easy. CorrEx, remained quict for all descrip. tions. We { SH bags of Kio, ex America, at New Orleans, on te We uotations, ee tal ce. hee. n wen sinabare, Ze. caibo, 2c. a 23850. ; Lagu Costa Rica, 2Lige. a We, ; Curace Ole. & iiScose on the bot was dull and iibegtias) reduced quotations For forward delivery the transac- dat pass ib. lower rates” We quote:— plands, Alabama, N. sae. per Ib. tions were fair at dc. Be 1 vy 13; 13! i dé 14 ie 144 MW, it MyM 15% 16 16) .d on cotton in store running halt a grade above or below ‘ne les were -— To Day. LastBeening. Total, Ordinat quality not more th grave quoted, The Cansurspeion, . iss ssi 730 Speculation. 9 - BO | Totals... 589 18 —Inciuded ‘in’ tie above are id Dales to ge en future delivery (basis low middling) the sales have qurday evening aiter ong o'clack—-Novem- Bocetben eoanss ai wick at 14 1-32, Ate. ; January, 100 at 143¥e. A 400 at 14 5-16c., 3u 100 at 14 13-32c.,, 800 at 143¢¢., 100 at 14 Eee 400 at eat ue ee dc., 400 at 14340. 147-16 100 at 141 4 5-16c., 700 at 14: Yate Paris Hic at oN Be a at ity Antec 100 at atlé tl 300 at 4 ty ic March, aa at ‘Be ie. 1 1 Ie. Nig ae A5GE. 100, Twat AEieee 0, 300 at 300, sat be 5° cd 30 at ve see tal, 22,90 bal za, Tat week. 33,90) balos” This iA years, Zyuo, bales, Rates on cotton to toreign ports closed firm at the follow- ing figures:—To Havre, by steam, 11-16c. compressed: no sail. sean iain, Le. To Liverpool, by steam, ‘sail, Fioun axp, Guatx.—Recelpte Flour, 20.229 | bbla,; Wheat, 163,163 bushels; corn. 181283 do.) co 23 bbls; oats, 21,90) bushels; rye, 57,78 do. The market was steady but quiet tor State and Western flour and th sales were at prices quoted below. The tran tions Since our last foot up 11,80) bbls, including all kinds. Corn meal continued quiet, but prices exhibited no change. We beard of sales of 200 vbls, at $3 90 for Bra Kiywine $3.65 for golden ear, $355 $560 for golden star aiid $8 0) tor Murch calories.’ We quove— z ® 4 = EI 2 Superfine Stat Extra State Choice State. Superfine Western Extra Western... ria pau ing brand: ouad hoop Ohio, shipping brands Round hoop Ohio, tri tai brand Family... St. Louis, io St. Louis, straight ‘extra. St. Louis, choice double St Louis, choice tami California... Rye flour... Southern, No. 2 Southern, superfine... routhern, extra. pouthern, family. Corn meal, on ee Bicdacasccnas essesseesezes’ z! S B Pierenuee 2 Seecchesse: higher, but the market closed dull at The sales were about 760) bushels, at No, $and mixed spring, $135 tor No. Miwaukee was nominal £¢81 40; email antes at Bi 30 for red winter; also 25,00 do. No. 2 Chicago for last half of November “at $1 $7. Corn’ was quiet and steady. The sales were only abuut 400 bushels, at bulge. sail, mixed ; 583 . for steamer, mixed; bic. tor ellow and O8e. a fof white, Burley was quiet, Sales 0) Dusiels, at $1.27 (or ear lots of two rowed state and $1 50 lor poor Canada. Oats were firmer tor white, and the demand was fair. The sales aggregated about $1,000 bushels, at 45490. a 470. for mixed, doige. a 49c. Lor com: mon to choice white, and Sle. tor iancy do. Rye was not deait in, aud prices were nominal, ‘as previously quoted. KuGHTS.—There has been very little consummated to- day, either in berth treights or charters, but the market Femmained steady. The engagements were:-1o Liver: pool by steam, 82,000 bushels of grain at 13%. ; 200 bales of cotton at Yd; and by sail, 800 bales of cocton at 9-16d. fo Loudon by steam, 6.0 uerces of beet at Ys, 6d. 5 20'bbls. of pork at Us ,000 boxes of cheese at 65s. ; 00) bois. tome at 4s 6d and 50 tons of oil cake at 4 ntwerp by steam, 8,00 bushels of grain at 17d. Charter we have. heard of was an Tialian Dark Of . hence to Marseilles, general cargo, at a jump A Bri was placed on the berth tor London, to take general cargo at current rates. Motasses.—{he market continued duli for cargo lots, and the jobbing trade was animportant. We append out jurmer quotations as toliows:—New cro} tual and mixed, 17e. a clayed, 0. rouscovade refining, Qe. ; do. do. grocery, 3c. a $5c.; Porto Rico, a S0c.; English Islands, 25¢.'a 450. ; New Orleans, 706 Naval stoums.—The inarket for spirits of turpentine was dull and lower, closing at #9. We heard of a sale of 1 bois at 40c. Kosin was dull and easy, strained closing at $2 80 4 $285. We have onl. ort sales of W bbis. of good sifained, to No. 2 at $290, and 74 bols. of No. Lat 83.3744. Tar was moderately inquired for, result- ing in sales or 190 bbls, of Washington at $3. Without noticeable change in prices, the 4 dull tor all descriptions. Kefinod 57,c. for first half of month, lye. 1 alc. a do. market re last half of do for December delivery; c Jn bulk at 6) Mac., 4nd naphe gy market waa in- nt prices nominally steady, Retined quoted at rst halt of month and’ i5%c. a 15%. for last Reports from the oil producing points were active and { habtot do. of w quick market, with quotations not essentially brat Receipts—Beef, 190 Reakages; cut meats, ard, 636 bbis, and tierces, market tor mess be continued quiet out firm, We teard of sates of 250 bis. tof export at $15, ca 150 bbis., in a jobbing w 5 5, and 200 bis. of old’ mess, sellers thé “ d of sales of 20 boxes of lon, 40. ; 70 boxes of long an voxes of short clear, do,, for do. at 73ge. nd not eriaily changed in ‘prices Quote at’ bo, a Bie. tor heavy to light and Sic. “a 5¥c. tor market pigs Boof continued quierand unchanged. Tn adistributig way 1W packages were placed ac prices within the range of the tollowing figures :—Plain mess. bbis., $8 50 a 0. do, $12 W814; prime, don, tercese $18 & $18: India doy tlerces, $18 Ah #20; and extra india» to, Herces $26. Neel hains were quiet, and nominally an: changed in value; quoted at 1c. # Zée. for common to prime. Cut meats were. only. in” moderate. re. quest, and not materially changed in vaine. | We heard dies of 100 pickled shoulders at, 640. 1.00) sn ees ti, 40 fresh hams at Be. 000 I of pickle es, a -averane, Ibe. di ar ol e. pickled ie ih htt Le: hie salty shoulders, in iy Weetorn the market was moderately pes closing at7 a7 & ibe. pt 4 ‘and November, 734c.° ie 16e, for December, 7c. @ 7 9-16e. for January and ., a7 Aloe. tor February. Tho transactions embrace tierces ot pew at 7 5 tierces, sellers for January, a Dressed box: active and a trite, the month, at 7 $16c. a Tie? S00 tenses, for Jauaary. at igc.; 008 ‘terces, for February, at 7 1l-1le jerce: fordds, at Tee, City lard was Guiet;, 100 teres sold a from 70. to Ph ey a ret by) diatine |e tad exhibited no ateri ting WAY sales were of W tierces ot ar : 20 bags thane - & Odge., and small sal of Patna previous Ba at ures. juGAR,—The market for raw sugar was guiet and easy. We have ony Bi Brorors. des i nae f low grade Demerara a OMe. ® rumored sale hhds. of Cuba at fe, a Tie. Kefined was au, changed. am but” prices “were ‘not ” quotably ote -Cuba—Keflning, inferior to | cominon, to prime, Te. : fc. ¢ prime to ean Whigs, and boxes, sc. a 8 molasses, hhiida. and * é. ate, ; meiado, Mavana~ Boxes, Dutch Wandatd, Noa 7 109, 8 to iq’ F360. 1c. 13 to 1, tis, tera fe. cnn Bice, Brasit—Burch Java—Duteh standard, Superior and exire su 60 opeannine’ was jist and easy, Salen 3) tlerces, to ar- rive, atse., and 4,000 Ibs. of grease Siearine at sxe, Low was dull and weak; prime sity quoted at7\(c, Sales were reported ot 40,000 Ibs. of outside ai afuisker,—Recetvts, 1,219 bbls. The market was steady t the improvement noticed paeireey. Sales 100 bbia at Nye. We also note sales of @ bbis of alcohol on private terms. DOMESTIO MARKETS, Cotton quiet; good rivoary. Mon’ peceltan’ oa ‘otton quiet; on ry, a eipts, baee or ‘iron ide Exports coastwise, 1,296. Bales, ‘ion Swel Naw Ontean@, Nov. 3, 1870. Cotton unsettled and tr cannot be given; Lola strict good ordinar’ ‘s good mary. Wie. ab Net receipts, 7,384 gt \ 1. ports—To Gi: Briwaun, 4,129. Tales, en re wot. Nov. 5 ise otton middlings. 14s0. midali 340. & We” on tend md oF dIAEY, I, ise arn 4 ot ba bales. Exports coast sivnech rial ale export art % comstwiee, OL, afeiten, iguuy sigheiy, yarer saree Wig ‘i ew van, centri- | sit gad ne Oem teat fee a ie r ton. hie iew Forks the fatter to ork.” Kailroad xf) New heat, es Ahora gettin do.; t per Sites: barley eat pean ight Flour to Eee ct re eae zh ene 3 it is ry for Putas Nol pt 0. tor 2 Tabeed we faternicors corn it ABC. ushels Western bauer s at eh ‘No.2 hew Western barley at $! changed, Flour firm and in fair demand. and higher; sales of amber Monty feet November: $1 40 8 ete mer seed te at 4 tA een gsekin pans Ca1caco, Nov. hae 1873. unchan; sales of extra soa gS Wheat active and higher at the Poeun, and at ‘ana declining ut the close; sales Of No. 1 rand $1 06 for Northwester! (0. 3 oan 1» Sh oi tor Nov a $1 ir Decei I at the n | it quotations. Corn tral ‘and. drooping atsoXe. tor 2 mixed, ce or November; 37'c. for December: high mixed, 3640. @ S7e.; rejected, Sie. ‘Oats dull and lower at 28ie. a 29. for'No. 2, cash, and Sige. for pe- cember; rejected, Rye steady at at 60i¢. a Ole. for No. Barley, nm fair demand fd higher ac gi 28 for) No.2 for N steady. Se. v1 Fork sold at $1150, Toast or Santas Tard 4 e., cash or Decembe “ K7e tor January. julk meats cade veales ot ‘en clear middles, Novem- ber and December, at ome, packed, Ureen hams easier; sales of 16 ibs. aver, d‘Ibibe average at Whiskey quiet and unchanged at sc. Freights—Corn cy Wheat inieled 8, 1873. Dressed hogs sol Re- Buslalo, 7a te, Kecel tae ,000 vbis. flour, 09,000 bushels Biante hs fo. corn. 42,000 do, oats. 2,00) do. fo. rye and 19,000 ie parlors Sintniaente--8.000 bois flour, els wheat, 187,000 do. corn, 107,000 do. oats, 000 ‘do. rye and 20,00) 46. barley. EUROPEAN M MARKETS, odorpon Morer Mansi = —Lonvon, Nov, $12.00 7, M sol oney, j for United Hines Bvertwerty bondi; 1605's, old 33 9614; new fi Erie Railwa, orga ’. M. Erie Waliway” al b F. se 5 Railw shares, 58},. 5 ’. United” States ten-forty bon be new fives, 94; Erie BN. Pi hi (oy fa aha pe despatches quote rentes MJ ANIS. BOUKSE.—LONDON, Nov. 3~2 P. M.—Paris do- ee quote rentes at 661. sos 3:30 P. M.—French FeAVERPOOL CorroN ManERe.—Lrvenroot, Noy, 35:15 P. M.—Bales of uplands. on the basis of good ordin ary: ship) ped December an eegary, at 84d.; do. do, November, at ‘on the basis of low aul lings, deliverable Nov imber and December, at 8d. Bales of uplands, on the basis of good ordinary October and bang espe es do., shippée: ber and Deceit! Sigd. + do. doy on the basis of low miaail deliverable Deseriber, at Bcd. The market is dull and easier. Middling uplands, 8%: d.; middling Orleans, 934d, Sales 10,000 bales, Laci i for specu- lation and export. Of the American. | sidenieia & CO. ALL RIGHT? What the Firm Says and What the Central Wational Bank Says. ist | Some Facts Affecting Resumption. : Ste aucle'an | JAY COOKE & CO.’8 CONDITION.. In respect to the general contribution of thought that is necessary fora complete understanding of ¥relgnts dull’ nd dnhangsd the present monetary crisis there was bat little of new fact presented yesterday that would farnish & ane ad corn and | basis for any fresh deductions, The favorable out- look that had seemed so secare on Saturday after- noon was quickly overclouded this morning, by the announcement that one of the great eventa- alities that had been assumed as @ basis for a restoration of confidence had been over-dis- counted, ana that a THE COMMITTEK WHO HAD GONE EAST ON BEBALY OF CLAPLIN & CO., and who, it was reported, had arranged ‘a pool’? orsyndicate for the support of the house, had fatled in negotiatious looking to that end, and re- turned empty handed. 1t will be seen elsewhere that the honse accepts this situation, and. turns it to favorable account by making the refusal of ald theirs, and proclaiming their in-- dependence of any support other than that they already have. This ought to be enconraging im the - present aspect of atfairs, Beyond this there was but little on Wall street “to check the evem cur-- rent of the blood and move us on to madness.’?” The day passed off quietly about the precincts of the Stock and Gold Exchanges, with a gloomy feeling permeating the air that might have been as much the result of atmospheric effects, for the day was raw and overcast, and the present Wall street mind peculiarly sensitive; or the distrac-- tion incident to an election eve, to-day being like-- wise a holiday, as anything else. A romor pré-" vailed early in the day, and gained considerable credence, that THE PENNSYLVANIA RAILROAD COMPANY would default on its dividend this payment, which was, however, authoritatively denied in the after- ne sales to-day 6,000 bales were | noon by a private despatch from Philadelphia, 83 aymroes, Breapsturrs Manxer.—Liverroot, Nov. 8— | stating that the company would certainly meet ‘The market ts quiet. Liverroon upanvce Marxer.—Liverroor, Noy. 3— 3330 P. M.—Tallow, er cwt.; common rosin 9s. per owt; spirits turpentine 6d. per cwt. Loxpon Propuce yvereys —Lonvon, Nov. P. M.—Spirits Bercleun Mae per galiou: spirits turpen- tine, row Pirroutus Manner. Nov. 3—Petroleam, S746f. for fine pale meri¢ag.” A —LAPSLEY gn BAZLEY, . BROKERS, " BROAD- * y.—Stocks bought ‘and sold on commission; privileges negotiated; cirealar explaining privileges, with Teterences, u matled | any ad address, T REASONABLE RATES—MON ON LIFE AND Endowment Insurance enert Mortgages and other Securities. Insurance of all kinds effected with best companies. 1. Je WABRIOH & CO,, 17 Broadway, LL PRINCIPALS HOLDING GvOD FIRST CITY Mortgages wishing them cashed promptly at fair discount, also all owners of choice city Property de- sirous of obtaining loan on said realty, address MORT- GAGES, box 5,174 New York Post office. EDI x FLOWER & BANKERS AND BRS 18 8 RK, Brock HON eT NE z D GOLD BOtGHT “ON RATIS: FACTORY analy INTERES! ALLOWED ON DAILY BALANCE! . BE: SaDICH, Ls P. FLOWER, 8. H TRUMAN. (ugsArRaKR AND ON10 AND OTHER RAILROAD | Bonds wanted, in exchange tor Western and South- ern Real Estate, __ BROWN, WADSWORTH & CO., 22 Nassau street. JPXECUTIVE OFFICE WESTHRN UNION TELE. {graph Company, New York, October, 1873.—Notive is hereby given to the holders of olipon curreney bonds of this Company, juence of rumors that counterfeits of sal in cirewlation it ts deemed advisable tor the protection of the public, as well | as of the Company, to Tequive the presentation of the bonds with th. coupons due November 1 Payment of the coupons will be made at the oflice of the Treasurer of the Company, 145 Broadway. By order ot the Executive Commitier, ILLIAM ORTON, President. AST TENN D VIRGINIA RAILROAD NESSEB Coupons due Ist November, 187, will be paid on and ter that dace by R. T. WILSON £ OO,, 44 Broad street os hone PURCHASE MONEY MORT- aunted), nearly two JOR SAL! “gage. years to run & BRA IN H ASKINS v ” BROKERS. mu BROAD street—Stocks, bought and sold on commission ; Privileges @ specialty, enaviing persons with smali capital to speculate safely. Circulars with particulars and references m p° TS AND CALLS ON STOCKS,—$10 TO vested in'them often leads to a fortune. Se page explanatory pamoulet matted for staup, ENTINE, TUMBRIDGE co., Bankers and Brokers, 39 Wall street, HE COUPONS | DUE NOVEMBER 1 ON THE DENVER Rio Grande (Narrow Gaze) Railway Bonds that date, at the banking house change place, WM. 8. JACKSON, Treasurer. We HAVE | $65, 00 TO LOAN UPON CITY IM- proved Pre in various assy, also purchasing Mortgages on city repens AWARD & LEAVITT, 5& Wall s street. ANTED—A LOAN OF $2.58) ON BOND AND MORT- gage. Address M., Herald oftce. Ware PURCHASE—A SECOND MORTGAGE of about $2,000, hk particulars and $100_IN- No nsk. 2.000. $4000 OR $600 TO LOAN ON BOND $ Lis and mortgage in New York or Westches ter county.,or wil purchase morta . W. DITCHETT, No, 2 New Chambe: $3.01 000 First OR SECOND MORTGAGE wanied.—Must be first class New York city or Brookiyn treet. acid pals only. ____PIVINGSTON & CO., 79 Cedar strect. $5, OOO OK ABOUT WANTED ON FIRST MORT. waye on improved city property. Address Dox 806 Post office, $10. 00 WANTED ONE “YEAR—82,000 BONUS will be given it, obtained at once; wiil secure by real esiate worth $30,000, Addross MORT- GAGE, i } Herald office, | 4 TO LOAN—ON IMPROVED AND UN- $54 000 improved city real estate and for invest- ment 11 good first and second mortgaxes. . D, & Fy BARILES, 56 Wall street. COPARTNERSHIPS. _ Corantsnns IP DIsSOLUTION. KONRAD Horr mann has retlred trom the firm of See! al Founders The b js time. be carried on by the biomes ys) ti: Ye asusnal, ander the same MORL Bi firm nawe, MiG. N FLECKENSTEIN. JRERT, Broomtys, 15 ol Maurer treet, Nov. 1, 1873, FFICE 2% AND & NEW STREET, NOVEMBER 1, 1873. Henry 7. Camblos and Theodore W. Myers nave, thls day entered into a copartnershiy at the, abo under the firm name of CAMBLOS & MYERS, ee ‘tho puretiaw and sale of Stocks, Bonds Gold, Government ecurities, Negotiation of Loans and General Banking eo o DEATH OF AN EMIGRANT WOMAN, Coroner Young was yesterday called to hold an inquest at Castie Garden on the body of Sophia Malach, a German woman, sixty-eight years of age, who died suddenly in the morning. A day or two @go deceased arrived at this port from Liverpool on board the steamship Batavia, and being seasick nearly af the way from Liverpool, Mrs. Malach was unable at all times to y ‘ocure or take her rations, and ‘consequently she became very weak and ex- hausted, While being removed from the steamer to Castle Garden Mrs. Malsch died on board the transfer steamer, Dr. Marsh is of the opinion that she died irom heart disease; but the body was re- moved to the Morgue, where he’ will make an ‘autopsy, after which Coroner Young will hotd an inquest. The relatives of deceased yesterday leit Jor their destination in Wisconsin. OOMPTROLLER'S RECEIPTS, The Comptroller reports the following statement of amounts paid into the treasury yesterday :— AURKAG FOR COLLECTION OF TAXBA. Taxes of 1873 and Groton parent) sere $108,005 Arrears of taxes, "aasomsraonts, Mater rents and interest. 4,730 ogy ad ebenmger ni ‘and mortgages ind note, ose 2170 REE Assessments tor street provements wine SURED Croton water rents 1,622 "| ectereeseatte Total | | such dividend claim on the Sth inst. And to cap the cljmax of the situation a report was industri- 8~—5:30 | Ously circulated late in the day that A. T. Stewart was dead, which was, however, generally received. as the dernier ressort of those who would much Tather have “suspended” him, but finding the. great dry goods King quite too lively a subject to be thus disposed of, were compelled to kill him off en- tirely. So much tor rumors, The Director of the Mint, in his report to the Secretary of the Treasury, brings to light soime facts that may be mentioned bere in connection with the monetary situation, According to the Director of the Mint THE GOLD COINAGE OF THE WORLD is less by $300,000,000 than tne tables accepted as reliable set forth. This mistake, it is explained, has arisen in consequence of the manner in which our Mint reports have heretofore been made, the value of the bars having been counted twice, once as coin actually turned out and once as the actual gold value. There is a point here for the Cconstd- eration of those bullionists who insist that there is no value but a gold vaine. Is the property of the world to suffer a shrinkage of $300,000,000 because of this error, without other reason than the mere discovery of this tact? Mf not, and with the law of | supply and demand antouched in respect to ex- change itis absurd that it should, then where is the sense of the po,:wiar cry, 80 often repeated, of “getting down to tiard pan” as the only solid foundation? And how are we going to do it? Another remark of the Director merits attention in connection with Secretary Richardson's efforts at silyer resumption :— “THE TRADE DOLLAR * of silver authorized by the coinage act is designed especially forexport, and has no fixed value as compared with gold. It may eventually, if the price of silver relatively to goid falls suMicient, to some extent enter into home circulation, but its export valne will always be in excess of the sub sidiary dollar.” Respecting a FINAL RESUMPTION Of specie payments the Director's observations are equally valuable, especially the closing sentence :-— “The increase to the stock of coin in this country has been at a very fair rate since the 1st of April last, and the indications are Uthat although there may be occasional exportations it will gradually goon until an aimount suiiicient to enable the Country to resume specie payment is reached. ‘This much-desired result will depend upon con- ditions which cannot bere be discussed.” THE IMPORTS OF SPECIE at this port during the past week have been as follows :— Oct. 27—Steamer Qce Liverpool—Gold $5,326 Oct vot. Liverpool—Gold 150,040 uct steamer Morro Castle, Havana—Silver Gold.. tees 108 Oct, 2—Steamer ¢ La Of Mexico, Vel Silver . Gold . Gold... Oct. 29—Steai Oci. 29—Steamer Gold. Nov. 1—Sieaitier Aigéria, Liverpool—Goid. Tota) tor the week Previpusly reported. Total since January I, 1873. Same time 1872. THER OHS. ARE AND OHIO RAILROAD. The following statement is submitted by the Chesapeake and Ohio Railroad direction in respect to the interest deiauit previously noticed :— jolders of six per cent bonds, having coupons st t surrender coupons due on or before May tl, 75 and Fay ng td the tace val ereof, loss sy Getober 1) in ee bonds, at the rate of eighty: cents on the dol Holders ox reewiered six Der. cent bonds, cou- hed, to. company all sntarea G wal avenue to ‘and tuctasing, Hag let, ic th reot, less le rs, cent ‘cou hed, Sis are ree coupons due on or to surrender fae cones aes, receive the face valu fem ine terest 10 ‘October b 187% ip a bonds, Hol ae of ticket. to ciarertony at ie rest that will ched, accrue thereon we, nd inciuaing i A a ne 1876, ‘and | tore: ceive the value or amount thereo! terest Lo Octo~ ber in income bonds, as above set forth. THE BANKS AND THE CLEARING HOUSR. The President or the Viearing House gives a very’ nCoi ‘ing opinion of the onetary condition of the metrd sie A,reporter of the HERALD called. upon Mr. ip yesterday and asked him whether there were,any real grounds for any increased prenensions regarding the stability of the Danks. “So far as the Vlearing House Is concerned,” re~ plied Mr. Cam| ‘no reasons jor apprehension re- garding any of the banks are known. There were no evi oo vf weakness observable this morn- ing. Mone lit everywhere; but the banks of the city wil wea her the trouble now, The assured satiety of Clafiin and the Spragues gives a better aspect to the whole business community, and thie marks the end of the downward and” the prospec- tive beginning of the upward term.” “Will the Clearing House extend ald to banks in trouble 1’ asked the reporter. “Loan say just this, regarding, fou your question,’ replied the genial president of the Clearing House. “Banks discovered to be constitutt ly weak will fave to go up and will be ahve ee overboard y the Clearing House, but where or sinall embarrassment occurs, tI ney" will ree al the assistance they require. imnere Ww mercy shown where io these times, none can ad Lets tiny ei Rabon 2 aid © Gomervesy you may be bure the banks will have i CLAFLIN AND VIE Labi) BANK, ‘The stability of the house of Clafin & Oo. h been & mateér of considerable soxey throughout the entire financial oan et and just in propor- Hon aa Uae stability Of thle eat this palse ton hes boon axnured has the ulse resuined ite onted ieee, if carren. rumor on Wall atrees “tt cat i jp was extended to- be giv ica tts caneen aes tirm would tue deaver me

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