The New York Herald Newspaper, November 21, 1873, Page 9

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

NEW YORK HERALD, FRIDAY, NOVEMBER 21, 1873.—TRIPLE SHEET. ; 9 Hhde, Boxes, Baga. Melado. _PINANCTAL. 100 foe at109a 109%. The rates paid for carrying to-day 4 109 Comparing wath ses ide , “ied ° vee was 7 percent, ‘The operations of the Gold Ex- | i) Be o£ comparing, with ‘stock Sag eR par ay improved. property Ged worth § change Bank to-day were as follows:— id mae OF. + ig, Comparing With stock’ No. __ DYE & CUR! 508 | 100 0 do. > 20s vernbpr SS, 1870 25.149 92.515 02,630 TANTED-A LOAN OF $5,00 TO $10,009 FOR 9 Sens babences. rn 100 do. 20 —We huote:—Cula—Riining. interie days or longer, at option ‘of the lender: good se- A ROW AMONG THE BANKS. | Gross'c3, oor Ks 109 ; 40 do. . 2O Gee, 8 Tei tae to curity aud: lutercet even Address CAPITAL, box 130 +» | Gross clearings.. ‘ 100 2o0 #0... : 9% Ayes _ ig hy oo By 5 ae. grocery. ii to goo" Herald office. CLEARING HOUSE 5 . C1 ~ Board—10:30 A. M. figal,” hhds» and “boxes ko“ Currency exchanges. $57,849,246 $2000 Freg8™, 7, PURCHASE FIRST : i hhds. and boxes, 8c. a 0 improved Property im Currency valances.. + 1,930,274 $12000 Tenn 6's, old. . Tig 2) max zo aut he 88} Bo! ‘Dutch sta ud et s Mortgage on un! ie oo ‘O} Y sie Secession from the Clearing House | (30id exchanges. 8,600,810 Shen atria a” too a "eg det satan 8 A inl ane ze wee AiEAVINr, Wall steele On wah God balances. : 1,260,122 | Bi WY Cen Oo: HI 3 do. ‘ 6 Western Un Tol G1 a 6124 Del, LL Woat.. 914 a BL 5 _ Association. BAILROAD BONDS. 800 Long Dock bis. Ot Uuceaiver oa a” Onte ues 2 apis, One BKe er | G2 BOO), ee ene Weatohester or will In railroad bonds a lees active business was done | @x0GF stale aid... 97 ae FF ch NW % 2¢$ axa butch standard. Nos. | purchase moriguge. G. DITCH ETT than usual, and the market presented no new fea- | 4140 Un Pac RR Ist ™ Tg Wells-tnrgo oe ee, acne Ses Ss ee Ba Sheu Ceram tures. The late bids are :— be Ji a me $2,800, $2,500 TO LOAN ON FIRST MORT- i pi a bt Hi THE STOCK MARKET IRREGULAR. | sow york con 0s.'3. 1 De. tack & w7s con. 5.9 ie Paoitie Mail... 278 2 tg Tolodg Wade. tk She © have only wo report $5.000. ae eka Sah noe i Ny New York Cen 6s, 07... Tol &W ab Ist mex... 914 ¢ Now York Con. $85 a Si & 25” | sales of 40,00) Ibs. of Western at 7: ig omen RrWreSehes ee Pema ehs g i RR ot HP oe Sub. a : ne “opening, , = « * ” t 963 2 g Porenere.~ is 8 oe O08 se & 20% | bbls. at S90. for 400 bbls. ‘and 3 3) bbls, at Mec. $10. 000 preg ont first clawtolty Spreved: fea oe Fancies Up and the 1g NJ South tat “ “BE ae | OER Sa 88 {ate no bonus required; term of years. |. 1 tLts, (0000 Ohio & M'con : —_—_ surance Company, 168 Broad w Clique Unloading. te S| 20001, Shore con e.bé S* shoclev « Bilt guar’, 10% COMMERCIAL REPORT. DOMESTIO MARKETS, i iD & winoy & To 2 &1Mid.... 714 (19 Mich Cen & 1B . $16,000 Si28t MORTGAGE FoR SALB—ONE 111 & So Towa Ist m..... 9 100 Del, L& W RR... 9 Gauymetom. Nov. 20, 1875. ). year to run; security first class; terms jalena & Ohic 2d mi... 92 ee —_—>+—- Cotton weak at fair demand; yood ordinar: X99 Jiteral. Apply tor miormation to 8. J. GOOD- Chi, RL & Pac. £10046 bales. Exports coast: | ENOUGH, Ill Broad Cotton Firmer for “Spot” and Steady | o"linary, ‘4Y, TOOM GOLD FIRM Money Steady—Government and Railroad Bonds Strong. WALL STREET, } TaURSDPAY, Nov. 20—6 P. M. A meeting of the Clearing House Association jook place to-day, for the purpose of considering rious questions of reform which had been previ- pusly submitted by @ committee of nine and em- bodied ina lengthy report. The meeting cannot be described as strictly harmonions, Several gen- Slemen, and among them representatives of the Bank of the State of New York, the Bank of Com- merce, the Metropolitan, Grocers’, Fourth National Mercantile and New York banks, withdrew, signi- fying by this action a kind of mutiny in camp. Subsequently a vote was taken on the report as a Whole, and, as a mere report, it was accepted with amendments, by a vote of 43 yeas and 17 nays. The Proceedings will be found more fully described elsewhere. They, however, mean nothing definite, and, from the temper evinced, there is little proba- bility that the resolutions of the committee will find general favor. In fact, there are a few per- sons who are so inconsiderate as to regard the Clearing House Association as A MONSTROUS FRAUD on the public, a sort of close corporation, whose chief object is to conceal the weakness of its indi- vidual memberg and stand by each other like a pile of bricks while publishing to the world with wondertul alacrity its daily gain in greenbacks. We are told to-day, for instance, that the banks bold $31,680,000. But why do not these institutions tell the people the amount of existing Mabilities in the shape of loan certificates? Do not the latter @mount to $22,000,000? Are they not composed o¢ stocks at inflated prices and mercantile paper on which extensions have been granted and must be renewed next month? Dare the banks, as a body, make known their exact condition? Is there not one which at the present moment owes the Clear- ing House $3,500,000, and has pledged as securities some that are not worth more than 25 cents on the dollar? Are not other banks in a similar situa- tion? If several of the banks were left ‘to themselves and unsustained by the general credit of the Clearing House Association would they not tumble into ruin and carry with them hundreds of innocent depositors, who are daily wheedled and befooled by the semi-truthful state- ments daily made, or statements just enough true ‘to secure official sanction. We should like to hear these and other questions answered, and in the Snswer we should perhaps read the cause of THE SECESSION that has taken place to-day. Fraud is like a cork. Ut will work its way to the surface somehow and sometime; and it is not a subject for wonder that several of our stronger institutions decline to lend the weight of their ballast to hold it down. Tne true remedy for the existing evil is not in the ‘@utocracy of an association of banks which may gloss over a situation in order to protect itself, but in the performance of his duty by a Bank ‘Examiner, who, rising above personal considera- tions, enforces law. This is all that the public re- quire, and it is for the public that we speak. As an agent and intermediary for the transaction of the ordinary fiscal business of the day the Clearing ‘House undoubtedly fulfils its mission, As an in- dividuality that assumes an irresponsible control- Qing and directive force, 1t is contrary to the genius of our institutions. THE STOCK MARKET. It is immaterial to the public outside of Wull Btreet that certain gentlemen who were lately “bears” in stocks are now “bulls” on an advance of10 percent. So long as there is nothing in the ‘position o! affairs to warrant a change stocks may go even higher, and probably will do so if these gentlemen have not already exhausted their pur, ‘chasing power. The result, however, will be the #ame. Real values must have their weight jor a long time hence, and those who are bold enough to ignore these values in their speculations will some to grief, however successful they may appear for the moment. The history of all preceding commercial panics proves that recovery, even ‘when commenced, is slow and unsteady, and that railroads, express companies antl telegraphs all have to bear their proportion of the burden of A DEPRESSED TRADE. Now, to admit that the work of recovery had ac- tually begun would not be to admit the probability that any of these different collaterals of trade are able to earn a dividend on their immensely ‘watered capitals within the next twelve or eighteen months. But whatare the facts? Have ‘We even commenced a recovery? Has a single suspended miil begun even to think of setting its ‘Wheels in motion? Are ma‘ters in our Western cities, from Buffalo and Pittsburg to Chicago and St. Louis, yet at their worst? On the contrary, does not every mail bring us additional tidings of the stoppage in part or wholly of machinery, and of new and unexpected complications of banks and bankers, South as well as West? Is it not, theretore, prudent for these Wall street gentle- men to pause in their reckless disregard of well established financial laws belore again producing & condition of affairs that may precipitate another panic while we are yet trembiing from the effects of the first? THR RANGE OF PRICES ‘was irregular, and somewhat obedient to various Zeports which were industriousiy circulated, Among others it was stated that a prominent om- cial of a large Western ratiroad had been found de- Mnquent, though steps would be taken to compel him to make good his deiauit. Undue speculation and the necessity for pledging some of the securi- ties of his company are said to be among the causes of the irreligious departure. A prominent stock firm was also reported to be embarrassed in conse- quence of its inability to obtain certifications on its checks. The rumor could not be definitely traced, The advance in prices ranged from 1}¢ to 8 per cent, especially in the fancy stocks, which of late have been the subject of so much speculation. Towards the close, however, there was a break, and the ad- vantage was lost. It is understood that the mar- ket is now under the control of a single party, into whose hands the recent clique, satis- fed, perhaps, with thelr handsome protits, have generously unloaded. Doubtless the rest of the street will be glad to follow their exam- ple, and patiently await the time when the afore. said Atias has bought enough. Western Union rose from 61 to 63 and reacted to 6114, New York Central advanced from 88, to 89\;, and Lake Shore from 68% to 704, With late dealings at $8 and 69 respectively. Northwest common rose from 40% to 43%, later touched 41)¢ and closed at 42} a 4214 The other changes are noted below, The market wound up barely steady in tone, THR MONEY MARKET, Money was steady at 0 a7 per cent, with ex- ceptional transactions at 1-32 percent Commer. cial rates are unchanged. The foreign exchanges ‘were firmer to-day, especially for sixty days? ster ling, which was advanced to 107. Sight bills re- main at 108%, the gales of both classes of sterling Wing about 44 a 44 lower than the nominal rates, THE GOLD MARKET. Gold opened weak and declined from 109 to 10846, but later advanced to 109% on reports concerning 4ke Spanish auestion, The Anal transactions were “T0000 US 5-20, 9," 64. Morris & Kssox Ist 1h 1 Pits, Ft W & Ohi Pitts. Ft We Onx Pitts, FtW & Chie vy fii Detroit, 4 No bas Lake shore diy bas sake Shore con ¢ bi Pac RR 7s, wid by Mo. Pac gold bds....... 9 Union Pac ist m bis. Union Pac 1 g7's. Union Pac ine 10's. Ill Cen 7 p , "75. Bell & So 1 Ist Alta m, Han ASt Joos. Rove ihe ist in Ee Del, Lack & W ist m. Gedar Fé Minn Ist a The following were the sales at the Board:— New York Central sixes, 1883, 87; Long Dock bonds, 91; Michigan Central eights, 107; Central Pacific State ald bonds, 97; Union Pacific Ratlroad first mortgage, 77 a 767% a 7634; Union Pa- cifle income, 55; Alton and Terre Haute income, 68; Chicago and Northwestern Ex- tension, 85; Great Western first mortgage, 1888, 91; Great Western second mortgage, 76; Mor- ris and Essex second mortgage, 96; g@™ew Jer- sey Southern first mortgage, 40; Lake Te con- solidated, coupon, beiore call, 92; St. Louis and Iron Mountain second mortgage, 7134; Michigan South- ern Sinking Fund, 99; Columbus, Chicago and indiana Central first mortgage, 78%; Delaware, Lackawanna and Western second mortage, 98; Toledo and Wabash first mortgage, St. Louis di- vision, 82; Erie first mortgage, 99; Ohio and Mis- sissippi convertible sinking fund, 88; Delaware, Lackawanna and Western convertible, 96%; Ohio and Mississippi second mortgage, 71 a 7044. THE UNITED STATES TREASURY. The Treasury balances at close of business to-day in Washington were:—Currency, $2,000,000; coin, $81,330,000; certificates, $29,000,000; outstanding legal tenders, $362,730,000—an increase of $70,000, The Assistant Treasurer to-day paid out $105,000 on account of interest and $205,000 in redemption of five-twenty bonds. The internal revenue re- ceipts to-day were $278,361. The sum of £55,000 in specie was received at the Assay Office in New York to-day, GOVERNMENT BONDS, Government bonds closed firm and in good de- mand:—United States sixes, 1831, registered, 113%{ a 114%; do. do., do., coupon, 114 a 11434; do. five- twenties, 1862, coupon, 10814 a 109; do., 1864, do., 109%4 a 109%{; do., 1865, do., 109% a 1103; do. do., do., new, 11244a 1125 ; do., 1867, coupon, 1l4a 11434; do., 1868, do., 11345; do. ten-forties, regis- tered, 10734 @ 108; do., coupon, 10734; do. fives, 1881, coupon, 109% @ 10934; six per cent bonds, Pacific Railroad, 109% a 10974. THE FOREIGN MARKET. London advices report congols strong and Ameri- can securities irreguiar. Erie was active and fluc- tuated rapidly between 36 and 37}¢, and closed at the highest point. The Bank of England rate of discount was reduced this morning to 8 ver cent. Money atthe London Stock Exchange on government securities was quoted at 6 per cent. The rate of discount in the open market for three months’ bills was 6% per cent, or 134 percent below the Bank of England rate. Three thousand dollars in bullion was shipped from Liverpool for New York to-day by the steamship Oceanic. The steamship Australian also took $3,000 from Liver- pool for Portland. The bullion in the Bank of Eng- land has increased £637,000 during the past week. The amount of bullion gone into the Bank of Engiand on balance to-day is £162,000. The specie in the Bank of France has in- creased 1,000,000 francs during the past week. Rentes at Paris closed, 58 francs 15 centimes. The following are the late quotations:—4:15 P. M.— Consols for money, 92% a 927%; for the account, 93, United States five-twenty bonas, 18658 (old), 927; ten-forties, 91; Erie Railway shares, 374;. SOUTHERN SECURITIES were dull, the sales amounting to only $23,000, ‘Tennessees sold at 71% to 7134, and Missouri, Han- nibal and St. Joseph issue at 84. The latest bids are:—Missouri s1xes, 86%; Missouri sixes, Han- nibaiand st. Joseph issue, 83%; Missouri sixes, Asylum or University, 83; Tennessee sixes, old, 71: Tennessee sixes, new, 714; Virginia sixes, consolidated, 50; South Carolina sixes, 1914; Ar- kansas sevens, Little Rock and Fort Scott issue, 16; Arkansas sevens, Memphis and Little Rock, 16; Arkansas sevens, Little Rock, Pine Bluff and New Orleans, 16; Arkansas sevens, Mississippi, Ohio and Red River, 16; Arkansas sevens, Arkan- sas Central Railroad, 16; Texas tens, 1876, 80, HIGHEST AND LOWEST PRICES, The following table shows the opening, highest and lowest prices of the day:— ey apt pe 04 nie 110% “4 43% 704 6855 4255 40% . 4355 40% Noreuwestern preferred... 64 6435 64 Rock Island. 8914 88 Fort Wayne... 86 Milwaukee and Bly Mil. and St. Paul pre! Mg 54M Ohto and Mississippi. way 26% Union Pacific - 2b 21 C., O and I. C. 20 21% 7934 T9015 + 61% 63 Pacific Mail 27% 2836 In Philadelphia stocks were reported firm. Quotutions are as follows:—Pennsylvania sixes, 10744; Reading Railroad, 623g; Philadelphia and Erie Railroad, 16; Pennsylvania Railroad, 4534. SALES AT THE NEW YORK STOOK EXCHANGE, Thursdny, Nov. 20—10:15 A. M. $900) TS 6's, 0, ’81 1500 U § 5.20, €, 1 13% Moy USSG oNe es Le 19000 US B's, ©, SI. A. Mv=Before Call. 400 shs LS & MS RR. 200 do. 100 do. 700 shs West Un Tel 500 do. 1000 T W ist & StL BD. 1 shs Bank of Com.. 10 Fourth Nat BK. 250 Phonix Bank. 6 Del & H Canal ¢ 100 do aT (SHES 100 Chic & Ait KR. ye Morris & Es RR. 200 do. 10 Joliet & Ohic 100 Pac RR ot Mo. 20 Ohio &MissRKibe 2 8834 B00 di © 25 50 Chi & RURR. 200 do. 85 Second Board—1 P. M. a Missouri 6's. poe shs mi C&HRRR 0 2000 do. 4000 Ohio AM con sf. 88 1000 Del, La&Weonbee § 5000 O & Miss 2d 7 ‘5000 Mi ino Ohi & N Wee 3000 Mor & Es 2d. 95 én Fourth Nat Bik * a 2H0Con be of 10) Chi &R ERR. 2 Tol a W RR, <: 0. PEW 100 Del, at We 1 tat td Se ee dO... ose MW He SLIORRDEDe Bo ee lahat ‘bo Bs cake RR, 18 Alb & Sus RK...be 85 2130 to 3 P.M. 2600 shs L. 8 & MS RR. Ww ChlaNWR 100 do 222 es term: demand and prices remained about the same. eSSESSEELEULEES e s BEBE g Zo. # Tic. Refined star was not esse: SESSSgS2Ez SESE for “futures” —Flour Active and Firmer—Wheat Quiet But Firmer— Corn Firmer—Onts Higher—Freights Steady--Pork Dull—Lard Steady—Gro- Unchanged—Petroleam Dull— Stores Quiet But About Steady— Whiskey Easier. THURSDAY, Nov. 20—6 P, M. The markets were generally steady under a fair inquiry. On ‘Change some excitement was caused by advices of the treezing of the Erie Canal and the consequent suspension of navigation; but the markets ai the close were dull and scarcely any higher, neither four, wheat, corn nor oats being saleable at much of an advance on yesterday's ; quotations. Whiskey was firmer, Barley was higher. Pork was nominal and lard was easy, but without decided change. Groceries were gen- erally quiet, but not quotably changed in value. Pe- troleum was dull and unchanged. Naval stores were quiet and about steady. Cotton was firmer for “spov” lots, but about steady for forward delivery. Corrox on the spot ruled firmer, under @ fair demand, chiefly from exporters, and closed at an advance of about dlc. a ‘ye, per Ib, as indicated tn the revised quo- tations appen Fa es were generally neglected, the leading exception buyers. We quote :— Ordinary... Good ordinar: pty 14}; Strict good ordinary... 14 S16 mills M% Y Low midilin wm 1 an Midaling 4 15 Good miad! ie tee —The quotats ased on cotton in store Tunning in Guallty not more than halt a xrade ‘above or below the grade quoted. The sules were :— ni Last Brewing, Total Export Consumption cember, 10 at 359.3 January, 20 atl Bhat 100 at 157 100 at 155-3: t 15 ebruary’ 100 at 1b 9i60.; March, 600 at 15%. Total: ‘2109 bales, To-day, up to ihree P.’ M.—November, 200’ at) ear Bega 1, 300 at 1 ey UI + 60 at 16. c. 200 at 15 3-16c. 10) a 1 1 80) at 15 lly 00 at 13 ‘L1-i2e. 15 11-326,, 200 at’15 5-Lve. 200 at 15 7-1 1,300 at 15 1 100 at 1523 at I 100 at ihe, cr Grant total, 16700" bales the ports were’ as follows:—G: Oricens, Mobile, 1,836; Sav. ton, 1,479; Wilinington, 109; Noriolk, 2, Now "York, sft; last wee! baton Rate jows:—To Havre, by, steam, Li6.t Hamburg, ‘by steain. by Tiger; bys tail: Lge. Ho Bremen, by steam, 1 Use| to Pavernool, $0. m tilt. hy stent by sa Téceipis at at the va: ‘Corrxe.—The market remained dull for alt descrip. ot tions We have only to Pert sales bags Rio, ex irae: at 1s. We | quote ce. & 19%0.; i Ps do., 19: 3 prime do., 21340. a 22c.: ex- n a. 220 RO perlb.,60und 9 days? gre va, government bags, grace mai 26o, a BIG eae 2c. a 2e.; ap scper tape en Jamaica, We, ‘st :* Porto ico, 706.8 bike Reteuites 15.546 bbls 5 wheat, 208.422 bushe! co! bbis, and 169 bags; ushel The flour market Was active and firmer, the di ing in good part tor shipping and ane ‘bran ry kates since last report foot up. 89.000 Dbls., jucluding all Kinds, at prices within the range of the anpended quota bbis., at $375 ndy Wine, $3 75 ior Jer- tions.’ Corn meal sold to the extent of for Golden star, $3 9 a $4 tor $400 a$: 500 a5 62 a 675 67> a 700 Superfine Westeri 500 a 575 Extra Western 625 a 650 Extra Minnes 675 a 50 Round hoop Ohio, 60 a 6% Rouna hoop Ohio, trade brand: 650 a 70) 70) a 850 60 a 690 675 a 700 7590 a 850 3 410 50 Nominal. tye flow 435 4 60) Souther 45) a 500 Southern, sup 500 a 57% Eouthern, extra, 65) a 80 Southern, family, 2800 a 1100 Gorn meal, Western 0 a 350 J 335 a 340 38 a 39 345 a 350 $00 fo. d. C vices of the pre ing of the £rie Canal by ice, but closed ull at about tons advance. The sales were about 45,000 bushels at $1 42 for son 3 Chicago and Lowa, in stor for . afloat; $1 65 tor white Canada, in bond; $1 75 for white Genesee. Corn was firmer, Re ae dull at 6c. The sales were about 51,000 bush At 68igc , O93gc. a 7c. for mixed, in store and atloai including high mixed; 7c. a 7ic. tor yellow, Jvc. for common white, and gee. a 78e, food to cholce'do. Oats were excited and higher opening, but closed dull and easier. The sal it about 81,000 bushels er a 56e. for mixed, S7c. a 6c white, closing at. 58e. for mixed and whit RB The market continued: dull and nowinal; quoted at ioe a y8c. for State and Western. Barley was firmer with sales of 16,000 ed lt ‘at $1 70 for up lake Canada, and $1 35 for two rowed Faeicirs,—Business was only moderate in berth freights, with rates not ‘materially changed. Vessels for cbarter were in demand, with rates ruling easier, par- ticularly for Mpa gl aa to the grail era je. The ene Leta Ate rerpool, hy steam, 40,00) bushels: Of grain at 14d, 0 bales cotton rt at ds. Sd, EH pute ral ° + by sail, 500 ie Toift'n Wid., 100 Dales cotton at i a 90d. To London, by sail, 1.00) bbls flour at 3, ffo Leeds, by steam, via Bristol,’ 20 tons leather at 110s, To Bristol, by sally 20 tous krease at Sos. The charters mbrace:~An Ttallan bark, hence. to Cork tor orders, quarters grain at $s.7 a British bark, heuce same 2 jaarters: 60 tb at ¥s.; a Norwegian bark, hence to Hamburg, 8600 bbls. roined veroieum,. at Gs, Od; an American brig. 83 tons. heuce to Antwerp, feneralcarge, at current tates: a British, brig, 1:0 toms, hence to St. John, N. d back, general cargo, on pri- wale rms; a British, Barks 695 tous, tro ‘Leghorn to New York, inarble aud general ca FgO, on private terms. Motasse’.—The market exhibited ho change, remain- ing dull and values toa great extent nominal We New crop— centrifuga and mixed, 1c. 2 do, muscovada, refining, 19e. i Porto Mico, 24g Be; New ‘Orteans: 08 a “NAVAL Storrs.—fhe market tor spirits of turpentine was moderately active, but closed a shade easier at 405 # Alc. sales wore reported of 100 bbls. of Southern i at Alc, 200 New York bbIs. at 4Zc. and. 250 New York bbls. at aie. Rosin was quiet and steady; strained quoted at $205 a $275 for common to good. We haye only to note & sale of 500 bbls. of ordinary strained at $270. The finer grades were quoted nominally as belore. Tar and piten were neglected and nominally unchanged in value. Petrouevm.—On 'Change to-day the market tor refined was dull and dentirely nominal. In the sbsence of salen es fOr balance of month, and 1c. tor not sc. Beodmber deliver je in bulk was auiet and steady at sen Sales 2000" bbls 8 OL at thar price. Cases ‘were inactive and ‘quoted at 1s Naplitha quoted nominally at Shs a Heglected and Values entireay nomin at 13c, for balance of month or Decemi Refined quoted the oil producing points the market vas dull aad easy at tho following fgures:—Oll Clty, $1; Petroleum Centre, We.; Tideoute, 8c. a 87gc. Titusville, $i as Parker's, 8t3se. Later we heatd of sales in New York of 3,000 bbls. of refined, tor Decomber, at 13c, PROVISIONS. —Recelp ts—Pork, 1,338 bbls, ; beef, 217pack- ages; cut meats, tse do. tard, 790 bbls end terces and le keys. The market tor sera8on remained quiet. We have only to note sales of bbis. of new mess, for December, at $14, and prime mess at $15. Bacon—The market was akon nd easier. Long clear, onthe spot, quoted at 7isc. a 7%c,, with small sales at these prices, and for forward de! ery the sales were — 200 boxes of short clear, for Decewber and January de- livery, at 7?ge.; and Oboes ‘of long and short cleat, for January, at hogs were firm; quoted at Sioa a 7c. tor heavy ton Tan Beet—The market continued moderately active, with prices ruling steady. Lots were piaced to the amount of 50 packages at Ue within the ranges of cals CM tor, an mess bbis., $12 a Slt for extra do, Sompinally,. Yor new rime mess, tlereed, ad lo. ndia do. tierces. 1 fia were neglected quoted at from $18 a ad for common to prime. Dbis. on privat Gut mente mot with @ moderate Hrd of gules of S00 smoked shoulders at gnoked hams at 1c. 0 pickled, hams at UBc0% ease 7 94c., and 2,000 Ibs, of pickled. bellies atsye, Lard—ihe mar or tor Western was firmer, but quiet in conse- quence. Quoted at 7 I1-16c, a 7c. for spot oF mont, Vo heard of sales of 490 tierces spot at7 11- Herges tor December at 7 11-Ite.. 1,60) teroen for Feb- ruaty atse. City lard sold to the extent of 200 tere ate Rice.—The demand for Carolina was fair, in a dis- tributing Way, and the market was @ trifle firmer, owing to favorable, advices from the South. Foreign. as quiet and unchanged. Thesales foot up 40 tlerces ot Tirol ina at 6\e. a 7gc. and 125 bags of Rangoon at 6c. *Mican—Tho market for raw sugar ‘was moderately active, but continued weak, although prices were not quotably changed. We heard of sales footing up 1,000 hhds. ofcommon to good refining muscovado at trom all, cuanaed in essrs. Wait, value ard, only in moderate deman: Grelehton & Morrison, in their circular of this up as (ollows = Stock (ascertained by actnat count, includin 6,003 451 ng January contracts, which were largely dealt in at about former prices. The whole Market closed about steady, ti anything slightly tavoring Uplands. Alabama, N. Orleana, Texas, 13% 13% 13 ae 1,554 e 493 ious U6 bales; New 4,449: Charles- 012" Baltimore, 1644 Total, 18,408 bales. “This 7 This day last year, 23,027 n coiton to foreign ports were m deaae as To fj eaarke bok S00 Ib ibe chun 48 ‘meal, 1,100 19,205 ic. a 18% The ‘vhiiadetpnia market was St Hhds, Boxt~ Bags, Melado. 8,005 8,063, 5707 | wise, I c fi fforings lignes middtings, 136. ce ‘otton firm, offerings : mij ings, et ree corps, 4863 bales; gross, f.630 Exports coastwise, 200, pales, 2,500; last evening. 3,500, Stock, 111,365, Mouiur, Nov. 20, 1978, Cotton ulct and steady: middling. Tice: tow inld- alia Ay i strict good ordinary, 153¢c. ‘Net receipts, Bal xpor&—To barr 441; coastwise, 675 Bales, 00; last evening, 0." Stock, 27,046, r al nena Sarena Nov. 20, 187% tion quie’ id iy ce et receip' balew Exports—To To Great Bri i, Bay coustwive, BL or Sale: ‘Stoc! ssichieal iy Oh uansatoN, N. C., Nov. 20, 1873. Spirits ot turpentine quiet at %6\ge. Rosin a2 tat $2 30 {oF ptramed, Crude turpentine, no sales. ‘Tar steady ut Raves, Aye 20, 1873, Lake and rail imports for the last rs: wioes. 1p bbls; wheat, 74122 bushels Corny Fos at ments—W) Fn. 16,569 do. Rall exporu=Wheat, 86,006 bushel n, 23,060 do, § omts, 22,400 do. ; barley, 1,210 do- Canal ireighta Wheat 130% re Fiowe quiet: Western ground # rings $6 75 a $7'25: bakers’, $7 a $8.25, ander, $7 75a $8 25: White, $8.75 0 $9 25. “Wheat dul mae, Thade public; quoted Mi kee No. Spring, 1 36; do. No. 3 Hy Chicago. Non asi wy; red “winter, mhite sil Ngan.” stim 31 70, Corn firm} mnels No.” 4, 2,000 do. ut Oats firm; Barley gaat: age ‘No. Bold at $1 42.0 $1 46 rowed State, $120 8 $1 26, Uther articles unchanged. Tou“D0, Nov. 20, 1873, Flour quiet and unchanged, Wheat active and higher; No. 2 white No. 3do. $145: amber Michi- eine Siita I 46; No. 3 December, 43. Corn active December, disc. a January. ats firm at 3c. for 40%c. for January. Clover neds: $4 6. Dressed age $4 5). Receiptw—2,000 bbis. flour, 10,000 bushels wheat, 3,000 do. corn, 4.000 do. oats. Shipments—17,000 bushels Wheat 11,000do. corn, 1,000 do. Oswrao. Nov. 20, 1873, Flour advanced 250. on all grades; sales “2100 Bbisey at ing, $4 50 for amber winter, $9 25 tor White do. $9 75 tor double extra. Wheat firm; sales 2,000 bashcl No.1 Milwaukee club at $1 49. Corn firm; 1.90) bushels at Ge. and 13,600 do, high mixed o- Tedo aitoat: Barley, dull; sales 9,00) bushels, up lake Canada nt of! (52, and 2,000 do, Bay Quinte at $1 Corn Meal—S1 2 for bolted and $1.13 for unbolted. per cwt Millfeed unchanged ; shorts, $17 a $18; shipatutts, $19; middlings, $2) a $22 per ton.’ Canal treights unset Hed and nomtually higher. Railroad trelghts—Floar, to Fhiadelphis and Boston, e.g to New Yorks, we. ; Albany. ier Receiptscth 700. bushels, wheat, 7.400 do. barley, 2,000 do. peas, 540,000 fect oflumber. Slipinents— POWDOIS Hour, 2400 bushels wheat, 18,200 do. corn and 1,300 do. baricy. Onrcaco, Nov. 20, 1873. Flour steady. Wheat excited; high sales of No. 2Spring at $1 U234 a cash: rejecter c.; No. 1 spring frm ‘and in fair demand at 39. a closing 89%4c., cash or Decem| Sanuaty: high mixed" nose. a le. rejects ‘Oats m'fair demand dnd higher at 3li;c. a closing at 3l4c. Rye in good demond az b4isc. a 65e. No; 2 Harley In good demand at $1 30a 4 $f33 tor No. 2 fail; Oe. for No. $ spring: rejected, Tic. a 73c, Pro- visions firm and high fork sold at'$1L 8745 a $12 cash or December; $12 25 bid January; $12 25 bid February. Meats tye. a 4c. higher all around.’ Lard firm at $7 1 $7 1s Whiskey sold, at Hc. Keceipts—s0W bbls. flour, 55,000 bushols wheat, 26,090 do, corn, 21,000 do. oats, 2,000 do. rye and 12,000" do. barley. shipments 7.000 bbis. flour, 66,000 bushels wheat, 73,000 do. corn, 22,000'do, oats, 1,500 do, rye and 20,00) do. barley. EUROPEAN MARKETS. Lonnox Moxey Manuer.—Lonnox, Nov. 20-120 #. M.— United States five-twenty bonds, 9834; ten-forties, Sy snew fives Ui. Lrie Railway shares, 864. “Consols forhoney, 9234 w 9274; for the account, '2754 9h 2P. M.— Erie Rallway ste stsres 36%. 3 P, M.—Enie ore shares, 36%. Rullway ‘shares: 37 15 P.M. Consols for ‘aeley, 9235 a 927%: Tor u United States tive-rwenty bonds, 1895's, old, 92%; ten- saree ol. strane shares, oe 5 PB. M.—Erie ailway shares, Paws’ Bounsn. <Losnon, Noy, 90-8 F M.—Paris de- spatches ssf. ‘M.—French rentes, 58f. fe. far 5 Livexroou. “Coron ‘Marxer.—Livervoot. Nov. 20-5 P. M.—Sales on the basis of middling uplands, nothing below good ordinary, shipped October and November, at 8 3-16d.; do. do., November and December, at 814d. ; do. do., shipped December and January, at ase ‘Or the sales to-day 4,100 bales were American, Sales on the basis of middling uplands, nothing below good ordinary, shipped December and Reali at 8igd.; do., nothin Be ob low \dlings, shipped ‘December nd January. ‘on the basis of middling up! fice low taaddiings, deliverable December, at 8iqd. The market ts quiet," Middling uplands, »3.d. a ¥s a3 middling ‘Orleans, 8 a 8%d. Ee ee includ ing 1,000 tor ‘speculation and expo nad from London, under date 3:30 P. reports oted a6 tolloinas Siiddling uplands, Sd. a 8d-; middling rieans, Livsrroot. Provistoxs Market.—Liverroot, Noy. 20— Eyening. Lard, $s, 9d, per owt Liverroot Propucr Maxket.—Liverroot, Nov. 20— Eventng Linseed oll, £32 per ton. Spirits’ petroleum, lla. per gallon. Loxbox Propucr Manxer.— Nov. 20-Even- ng.— Spirits turpentine. Sls. 3 . per ewt Tal- Wik Bd. por ewe Heaned petroleum, hed. ty Td: ie gallon. BLE RAT! Endowment Insurance Policies, Mortgages and other Securities, Insurance of all kinds effected with best companies. J.J, HABRICH & CO., 117 Broadway. A WHAPSLEY £ BAZLEY, BROKERS, 74 BROAD. * way.—Stocks bought and sold on commission, Ou margin or for investment: privileges negotiatea; cir cular explaining privileges, with references, mailed to ada TO LOAN ON BOND AND MORTGAGE New York, Brooklyn and New Jersey. Apply to SAMUEL S) WOOD. dts No. 189 Broadway, room: 1. References—Hon. John’ J. Cisco, Robert H. Lowery, Esq., Jacob D. Vermilye, Esa. Ap acaient 18), BROADWAY.—MONEY LOANED immediately on bond and mortgage: wanted, mort: gages, Brooklyn, Ne securities negotiated javerals. A WRB FINANCIAL CRISIS OF 1897, COMPELLED «the ahle at 25 cents on the dollar of large amounts Tailroad bonds, that afterwards became good tor their face. Many Such securities, thrown upon the open market bv the present crisis, are to be had at 25 cents on the collar, and will be equally good. Particulars on application, by letter or otherwise WILLIAM WARD, 2 Broad street. FIRST OLASS MORTGAGE FOR $60,000 ON IM- tA. proved property worth $160,000, to exchange tor Good Stocks or Bonds at prices betore p a ‘ODD, 55 Liberty street. A Finer Geass FIRST PUROH MONEY MORT- gage ($14,000) ; vty near New York; sold $30,000; gee = ee tonthe: m4 beral discount; guaranteed by a arty in this city. ATO & SLOAN, 31 &c.; bonds, stocks a dvances on merchantige and col Seventeenth street. BAxeixg a LLECTION OFFICE Bh. MUREAT, 0 BIO ADWAY. Loans effected and Collectigns made everyw here. FOF ‘ASKINS & BRAINE, BROKERS, n BROAD AD street.—Stocks bonght and sold on inargin; privi- leges negoti: Sane any one with smal! capttal to speculate ‘acts are always 100 share sate! contra low and are signed by responsible firms. Explanatory circulars mailed. ANU PFACTUR! RS, WITH ESTABLISHED BUSI- eas of sterling chi charac for, wishing fo increase their capital $10,000 to $20,00 oF dispose of an interest can and 9 eeunity by applying to BRINCK Orr ers ing | Manuracturing Stock: ' The Som jong of the Long Dock Company's Mort: gage Bonds falling due December 1 next will be paid. on and after that date, at the (reasury of the Bric Kallway Company, !wenty wird sireet, Hine, highth avenue, ted ‘4 . SHGARMAN, Treasurer ‘Long Dock Company. _ YOTICE fthe Fifth Mortgage Bonds New York due December | next will be fives of Messrs. Dun- TEARMAN, Treasurer. and Erie RallFoad f paid, on and after tl can, Sherman & Co, TEW YORK SEVEN PER CENT BONDS. N Brooklyn seven per cent Bonds; uso other choice Stocks and Bonds, aying 10 102 pers Ni atl rates for sale by a BERT H. NICOLAY & CO. “Na 4 Pine street, New York N, B.—Investment Securities our specialty over 21 years, EW YORK CITY SEVEN PER CENT WATER Stock, due in 1900, for sale cheap, by DANIEL A. MORAN, 40 Wall street. QTOCK PRIVILEGES! STOCK PRIVILE >) contracts negotiated are signed by members York Stock /xchange or responsible firms; no privilege negotiated for less than 100 shares for $100. LAPSLEY & BAZ Brokers, 7! ps AND CALLS. NOW THAT THE FLUC ms in stocks are 80 ‘Noten, is the FP ys jany are de- terred, nfaking” Nhat’ thet eapital is insufficient," Under a new system sums of $10 to $10) can be invested in a manner as two lim the ay, to this amount, while the pros likely to,accrue are in howise diminished. St-puge explanatory | pamphlet, mailed for stamp. Stocks bought on margins, or tor investment. VALENTINE TUMBRIDGE. £ C0., __ Bankers and Brokers, 89 Wall’ ERSONS HAVING NORTH PACLIO BONDS TO sell or exchange, will do well to apply by note to box 86 French’s Hotel, T NTED—$2,¢ 0 ON vIRst MORTGAGE I MOU $5,500. Address M. G., 27 Bast 152 = yF NORTHERN PACIFIC RATL- 7 ANTED BONDS, OF NTT GSMO and Hest Late nar the qty. Address PACLPIO. bax 182 Herald office. ‘atroot, New York, — as, MOthAAE | fave an interest: $17. O00 % TO a 2AN ON BOND AND MORTGAGE th years on first class city ime proved Property in eh of $ity ut and $7,00. Xi N, 47 William street. $200. 00 ao a Onyx. x Sus TO _— on irst and Second Mort Betty; suiail sums on porvonal seeuritios, 0 fod day WILLE Montauk Insurance Company, 163 Broadway. 300 00: a LOAN—ON BOND AND MORT- le . age, in large and small sums, om city Pro perty; Second mortgages cashed. Paint N & SLOAN, 31 East Seventecnth street. UNITED STATES SUPREME COURT. WasHrnarton, D. C., Nov. 20, 1873, No. 99. Union Pacific Ratiroad Company va. Fort—Error to the Circuit Court for Nebraska.— This was an action to recover for personal injuries alleged to have been sustained by the son of the defendant in error, by the loss of an arm while working in a machine shop of the company, by reason of its negligence. The allegation was thas the boy, a lad of 16, was ordered by the superin- tendent of certain machinery to ascend by a lad- der to a shait for the purpose of adjusting a belt, and that while performing this order, which was not within the boy’s contract of service, the in- jury was received. The defence was that the superintendent and lad were iellow servants in the: employ of the company, and that the injury waa received while in a common service, the superin- tendent being @ carelul and skiliul person, The Court instructed the jury that if the work which the son was ordered to do was not within hts con- tract of service, then the superintendent, im ordering it, if withim the erty of his anshortt must be taken to represent the company, the act of authority was wrongful an ye the company would be liable for the damages caused, and the principle that the master is not liable for the neglect of a co-employé in the same service hasno application to tne case. The ver- dict, under the direction of the Court, was for the laintuY in the court below, and the company ring the case here, contending that there was no lability in the case under well settled rules, pet Tule, in the absence of statutory authority, as settled both in FE ngland and America, is that the master {s not liable to his servant for injuries ac- cruing to him by reason oi the negligence of a fel- low servant engaged in a common employment, except where the master has been guilty of neg- ligence in hiring an unskilfal and careless ser- vant, or in continuing an unskilfal hand after ascertaining that he is such, or when the master has knowingly provided defective material or ma- chinery for use, or continues such in use atter ascertaining their defective character. A. J. Pop- pleton for plainti® in error; Redick & Briggs tor defendant. ‘No. 101. Star of Hope vs. Church et al.—Appea’ from the Circuit Court for California.—The libel im this case alleged the shipment by the Star of Hope, at New York, of nuts and shelled almonds, under an agreement for storage in the after cabin, and averred that they were actually stored in the hoid, in violation of the contract, and became damaged@ im consequence, An amended libel alleged a cus- tom to carry such goods in the cabin. Undera general denial in the answer two questions aroge— ‘was there a contract tv carry in the stateroom, ang was there a custom, in the absence of a contract, to so carry such shipments? ‘The contract for stor- age claimed was contained in the receipts attached to the bills of jading, and was not Gate those papers. Evidence of the custom of the trade Was admitted, and the custom claimed being es- tablished to the satisfaction of the Court the de- cree was for the shippers. Itis here mentioned that the only contract binding the parties is the bill of lading, and no such contract appearing in tne bill in this case parole evidence of custom could not be admitted to vary them. The contract being in writing that alone must govern, and shere te nothing Whatever in the point as to the custom of carrying between decks. To entitle to such car- riage the custom, as shown, ky ees the contract to be in the bill of lading. jonohue for appel- lant; C. E. Whitehead for appellee. No. 102, Mercantile Mutual Insurance Company vs. Folson—Error to the Circuit Court for the Southern District of New York.—This was & recov- ery on a policy of marine insurance issued by the company upon the schooner B. F. Folsom when about to depart on a voyage from Boston to Mon- tevideo and Buenos alae in January, 1869. The decision below raises the following questions for review :—Does a marine policy of insurance for one year from acertain date cover a total loss of the vessel insured which occurs after such date, but before the delivery of the policy, where tae latter does not contain the words, ‘lost or not lost?” Is it the duty of the captain and part owner to com- municate by the quickest usual means of commu- nication the loss of the vessel te the other owners, and does the omission to do so render void a po! of insurance issued after such loss might by sucl means have been communicated? May conceal meut of the fact be proved by the insurers as 8 de- fence under the plea of non-assumpsit in an action on the policy? Is there a presumption in such a case in javor of the insured that he has communicated to the insurer all the material facts or that he 1s ignorant of a material tact which, it is shown, might have been known to him?’ Isiterror for a Judge who tries a cause withont a jury (under stipulations waving one) to refuse to make special findings of fact under the act of March 3, 1863.2 The first of these questions is undecided by any adjudged case. J. 0. Carter for plainti? in error; ‘A. Seward and 0. M. DaCosta for defendant, No. 108. Manhattan Life Insurance Company va. Francisco—Error to the Circuit Court for Califor nia.—This was an actionon @ contract of insur- ance upon the life of plaintifi’s husband. No policy was issued, as the assured died 24 hours after the application was made, and bejore the policy could be made out and delivered, of acute hepatitis, as testified to by his physician, The physician also tea- tified that he had attended deceased for.a consider~ able time (three or four years), and had Beek ally prescribed for torpid liver, colic and indiges~ tion. The company showed bee be answers: by deceased to several questions relating to the affected by the diseases stated by physic! which, as was claimed, amounted toa dental t! he suffered from any trouble in those parts. Evidence was then adduced by the plaintif to suow that her husband was seldom sick, and then only for a day or so at 4 time, and that he was regarded by his friends and acquaintances—as one of them testiled—as a healthy man. The left the question to the jury to determine whe: there had been concealment and fraud practised by the deceased in making answer to the com- pany’s questions, and the verdict was for the the plaintiff. It is here urged that there was error im the refusal to instruct the iad that the evidence Was not sufficient to entitle the plaintiff to a ver~ dict, and that other errors were eommitted in the rulings. J. M. Carlisle and J. D. McPherson for company, Boyle & Barber and ©. W. Kendall for defendant. THE CLAIMANT FOR THE OOMPTROLLERSHTP, Edward Gillen Seeks to Carry the Office of Finance by Storm=—He is Repulsed with Loss. Mr. Edward Gillen, who claims that he was elected to the Comptrollershtp last year by his own and two other votes, as the law requires that the Comptroller be elected, made his appearance at the Department of Finance yesterday with war in his eye. He insisted on being admitted to the Comp- troller’s private office, and on getting possession of the books and papers of the office as the duly elected Comptroller. His demand was of Cling = > plied with and he became cemonstrat je came necessary to send for a policeman to rang him, and omeer Davis, of the adm is detailed to the County Court He was hits in and took charge of the Comptroller 0. ie sition was taken to the Tombs Police Court, before Judge Bixby. On bet mod @ Six. chamber revolver was sound on his en jie promised not to disturb the Department of Finance again and he was discharged with @ tion, He pleaded hard for his pistol, om the ground that he had once been a policeman, aud it was given to him on condition that he should take it home, REAL ESTATE. The real estate market continues to show but few signs of activity, while prices are still firmly maintained, Subjoined Is a report of the only sale at the Hxclange Salesroom egies i NEW YORK PROPERTY—BY L three story Ohio stone house te Tea ea lot letnortn side 6th at., 214 feet east Ist av., lot Tease, dated Juno 13, 1870; ground re rent 80 vor an Bum; TereNge FAEICY vevesreigervegerees OT

Other pages from this issue: