The New York Herald Newspaper, December 16, 1873, Page 9

| i | “ ™ , American securities are reported steady. A Thoughttul Day in Wall Street. CONGRESSIONAL PROBLEMS. Speculation Waiting on Events-- A Halt. A VETO POSSIBLE. Ease in the Money Market. GOLD ADVANCING. Government and Railroad Bonds Firm. WALL STREET, } Monpay, Dec, 15—6 P. M, Wall street, considered as a mere theatre, a neighborhood, an entity, to-day represented just such conditions as were from hour to hour created by the reports from Washington. Few influential minds ran in the same groove. Few influential re- Bults followed. The policy of either the Cabinet or of Congress was not suficiently definite to make absolute converts. It was evident, however, that the’ idea of inflation that has been started is ac- quiring strength and pupils—a class of men who are building HOUSES ON BAND, and who, in their eagerness to achieve present Wealth, will probably be swept away by future misfortune. Is this inflation likely to take place? ‘The answer depends on the strength of President Grant and his immediate advisers. These men Tepresent a party; they hold a whip lash over every man in Congress. Centralization of power has Knitted a cobweb around these co-called “Representatives of the people’ to such an ex- tent that election and retention of place depends on the will of the Executive. Can and will they Tesist his decree? It was only yesterday that we Fead an account of the manner in which the Presi- dent “snubbed” Mr. Dawes, the Chairman of the ittee of Ways and Means in the House. Can gentleman carry with him a sufficiently STRONG PARTY to defeat the financial demand of the President without practically causing a dissolution of the re- publican party, and making such a split as in another country would compel the resignation of @ Cabinet Minister? The situation is not a simple one to contend with. Great principles and grander results are at stake. On the one hand is the strong, aggrandizing power of the people finding Voice through their representatives. On the other hand isthe stronger, equally serious and better considered power of a government that has be- come somewhat individual in its character. In a financial point of view we have seen this individ- ality illustrated. Wall street especially knows ‘what it means, The influence is possibly at work now, even while members of Congress are : MADLY EFFERVESCING Over the situation. The Chairman of the Committee of Ways and Means in the House is evidently on the fence. Officially he opposes taxation in order to increase the revenue, and prudently he refrains from the expression of an opinion on inflation, Still there are others who are more or less influen- tial, among whom we count Sheldon, Kelley, Wood and Nibiack, who are for an expansion of the cur- Tency. Private telegrams from an official source State that a member who has canvassed his brother Members from the South and West is satisfied that they also will vote for inflation. The question, however, nas been postponed until alter the holi- days; therefore time is allowed for a more careful consideration of the subject. During this interval Wall street will experience many “UPS AND DOWNS,’! but, in the end, we look for such a thorough con- sideration of the problem and such a fixed purpose not to undo the financial good which the,panic has already achieved as will vindicate the judgment of President Grant when he expressed the purpose in his Message to bring the currency of the country to its best and legitimate value. Whatever may be the schemes of the schemers or the buncombe that may find a place in the Congressional reports, the President still possesses the veto power, and the solid business men of the country will look to bim when the time comes to make a distinction be- tween sense and claptrap. THE MONEY MARKET. Money was very easy to-day, and some holders found difficulty in placing their fonds. Call loans were arranged on the basis of 5 and 6 percent, The nominal rate was 7 per cent. Foreign ex- phange was strong and higher, the leading bankers having advanced their rates to 10934 for sixty days sterling and 110 for sight; actual business was at 109° and 109%. Commercial bills sold at 108% a 1084. THE GOLD MARKET commanded unusual interest, being active, buoy- ant and full of promise. The price advanced from 110% to 11134. -A large short interest 1s satd to exist, but this does not seem to deter the action of those who are basing their speculations on the ‘weakness of the government and its inability to check any “buli”? movement that may be initiated. A strong undertone is observable, and it will not be astonishing if gold should advance, between the present time and the Ist of Januury, to 113, or even higher. The advance is somewhat re- Markabie, because it comes at a time when gold is nt easy to carry and there is little do- mestic use for it. The prospect of infation is the only excuse. It answered formerly, and members of Oongress who favor more currency may ad- vantagoously watch the straws that indicate the breath of the wind. The rates paid for carrying were 7,G6and4per cent. The operations of the Gold fategingd Bank to-day were as follows :— Gold 008... 1,364,194 Currency anoy baianioas 1,557,492 Grogs clearings... 42,201,000 CLEARING HOUSH STATEMENT. Currency exchanges. oo }76, 150,650 Currency balances. + 2,629,698 Gold exchanges. + 11,717,227 Gold balances. “ + 1,400,024 THE FOREICN MARKET, The following are the late London quotations Consols for money, 92; consois for account, 92% ; five-twenty bonds of 1865 (old), 9434 @ 94%; five- twenty bonds of 1867, 9544; ten-forty bonds, 92% a 0234; new fives, 92% a 92%; Erie Railway shares, 87a 37%; New York Central shares, 7874 a 7934. Rentes at Paris were strong at 69.20, The Bank of Eng- Jand gained £93,000 to-day. THE UNITED STATRS TREASURY. The Treasury balances to-day at the close of ‘business in Washington were as follows: tes. Legal tencers outstanding. Increase since Saturday. The Assistant Treasurer paid out to-day $58,000 ‘on account of interest and $227,000 in redemption of five-twenty bonds. It is announced that the public debt in December has increased $6,000,000, GOVERNMENT BONDS closed strong at the best prices of the day:—Unitea States sixes, 1881, registered, 116; do., do., coupon, 119% a 120; do, do., 1862, registered, 1134 a 114; do. five-twenties, 1862, coupon, 114% @ 114%; do, do., 1864, registered, 114‘ ; do., do., coupon, 115%; do. 40., 1865, 11434 a 115; do, do, coupon, 116; do., d0., new registered, 11534; d0., do., 1865, cou- pon, Mew, 118% a 118%; do., do., 1867, registered, 115%; Go, do., coupon, 110% a 119%; do, do, 1868, registered, 115; do., do., coupon, 118% a 119; do, ton-forties, registered, 112% a 112%; do. do., Coupon. 119% w 112% ; sixty-Aves, 1861, Coppon, 112 sold at 9314, ‘Tennes- * Carolina, Jan- uary ana July, at Ilya 11%. The latest bids were:—Missouri sixes, 93%; do. do., Han- nibal and St. Joseph issue, 91%; 40. 40, sixes, Asylum or University, 90; Tennessee sixes, old, 77; do, do., new, 79%; Virginia sixes, consoll- dated, 59; Georgia sixes, 65; North Carolina, North Carolina Railroad Company, coupon, 35; do., do., ex coupon, 25; do., do,, funding act of 1863, 1 do, do., néw, 14; do. do., special tax, 11; South Carolina sixes, do. do., January and July, 10% ; do. do., funding act of 1866, 12; Texas tens, 1876, 83. BACLROAD BONDS, There was a strong feeling in railroad bonds, In Union Pacific firsts the sales amounted to $59,000, and the prices advanced from 84% to 86, Central Pacifics brought 94}¢, Western Pacifica 85, and Union Pacific incomes 69% 370. A sale of Canada Southern firsts was reported at 64. The latest bids were :— New york od x, "83.. 89 ‘ik Cen 6" Jol £ Web 20 ™. «26, lich Cen con 7: Mich Cen ist m New Yori 8,1. e. 8S ‘Tol & Wab equip bds -. 70% New York Cen 6's, sub. 85 Tol & Wab cons.con a Brie 2d m 7's, ’79 Ot 4 Erie sah in re 188.200 98 ae Long Doc! Bhs 100 Hud Pe 2d mn, 84 58501 108 Harlem con in & 8 f@4. 98 103, bd Sus Istbhds......10L 198 190 107 rr E = Sguandsesesse: 2) RDOO! Ja} =! Ses; 8 83) 1m, wu m 7” ic Ist 104 “Bc hte diet Cla B 100 Pe oT : fc 953 26 93: 52 Tol & Wab ist myst LD THE STOCK MARKET. The stock market for the day, measured by its opening and closing prices, exhibits in the main comparatively little change; yet between these ex- tremes there was considerable fluctuation and feverishness that might be traced to tne financial condition of the government. There was likewise an evident determination to follow certain leaders who are known to possess the ‘power requisite to move prices at will, and who for many days have been accredited with the control of the situation; but, as reports poured in from Congress, pro and con, both “bulls” and ~‘bears’ were thrown into confusion, and the close marked decided weakness. We note that Western Union opened at 73%, advanced quickly to 74, fell of a trifle, but recovered and rose to 7414, and at the close settled down to 7344. It is said that influences are still at work to move this stock upward. Han- nibal and St. Joseph common, only a little while ago neglected, showed up strong at 28, New York Central moved from 955 to 96%, bat later receded to 95%. Pacific Mail is moving gradually to higher figures, A NEW HISTORY attaches to its progress which has yet to be Tevealed. The new authorities are making new combinations, The prices to-day ranged between 40% and 3934. Union Pacific started at 32, sold down to 30% and closed at 31. Lake Shore showed a difference of about % per cent, opening at 76%. dropping to 76 and closing at 76%. Rock Island opened at 99 and closed at 98%. Wabash opened at 534, went to 64, but finally receded to 62%. St. Paul was strongly speculative, the initial point being 41%, the highest 42, the lowest 40% and the close 41. Ohio and Mississippi ranged between 3034 &31%, with a subsequent decline to 30%. ©., 0. and L. C. opened at 27, sold up to 284 and down to 2634. Northwest common derived its strength and steadiness, notwithstanding the sharp advance it has already experienced, from the publication of the annual report of the company, which shows a gain of more than $1,334,000—12 per cent. It also appears that the net earnings, alter deducting all charges against the property for operating ex- penses, taxes, renewals, rent of leased roads, dividends on Chicago and Milwaukee Rail- way stock and interest on bonded debt, amounted to $2,183,913 63 for the year. Dividends were made on December 9, 1872, on both common and preferred stock, and on preferred stock June 20, 1873, amounting to $2,019,640, which left a balance of income account of $1,629,967 84. No dividend was made upon the common stock in June, as the company were finishing their com- bined system of railroads, all of which were com- pleted in September Jast. The system referred to combines the operation of nearly 1,900 miles of road. Since then the business, notwithstanding the panic, is said to show a gain. HIGHEST AND LOWEST PRICES. The following table shows the opening, highest and lowest prices of the day :— Opening. Highest. Lowest, N.Y.C. and H, R. stock con. 953% 9614 95.56 Harlem. 122 45 16 . 52% Northwestern 66 Northwestern preferre: 70 Rock Island.... 9834 Mil. and St. Paul. 40% Mil. and St. Paul pret. 6335 Ohio and Mississippt 3039 New Jersey Central.. 100 Union Pacific 30% C., C. and Ind. C 2645 Pittsburg... 83% Western Union. 13% Pacific Mail... 3045 MEMORANDUM. The following are the earnings of the Erle Rail- way Company for the past week :— 1872, 1873, For week ending December 7.. $319,396 $363,987 Previously reported........... 3,563,098 8,452,444 Total earnings since Oct. 1 recep veg et Increase for week.. he vd for two months and one week to IAGO. cee ee reer eveeen se eeeeeeeeeeeeeees 3. SALES AT THE NEW YORK STOCK EXOHANGE, Monday, Dec. 15—10 A. M., Before itt *} 100 shs B, H & E RRbS. so + 74" 200 Chi & NW RR, 300° ak Ses Fig Be + Be 500 73% 1500 Tt Pid 8 3 1300 - B 1600 . 400 100 “ wo is 500 rid 400 a o 53 an o 3 700 Han &StJo RR. 2B . Be 193 "do. Hs ‘oa 19 2 : abe 8 4 10 95 it 100, oot 4 . ~ ay 8 ae a Ba 4 3h Ot aI fl. 3h 30! . 3T . 8h We Sa : ie bir, ih 1000 dors: : te 2008, H&ERR. 7 10:65 Srp: 11:30 A. M. 2000 » 16, 1000 US 5-20, 0, 1 * US 5-2, ¢, Sip ©, wes tisk 1900 US 6's 1000 US 10000 A) 2000 ), C, "67. eeeemalice 118 First Board—10:30 A. M. $2000 Tenn 6's, old..b LS&aMSRR cert ae heart we Ge aM PSE Ts 5 E BECEEEEE 38 SBEREUEERENEE Ee: eed 323537) 253 5 siiigeatal eeqsegucaegeregensce E SEEEEEEESUEE : ‘sae = = Zh Zz a 6 cai WIE do. Sess: RN RY Sdn EE aed it aaa Sess! REST ee jIAIAS: 1100, do. 100 At & Pac pf 2:15 P. M. $2000 US 5-20, c, 167. wo) do. tad ty Uaower Yr, a 10000 US 5-2, 8, 5000 UB 5-20, c, "68, 1000 Us 10-40 7u00 US 10-40, 13000 US 5-20, %65, n 10 US 5s, ¢, 5UN0 US 5-20, ©, '67 Sun 2 enn 6's, old. nd & tren Brooklyn 6's, e i 5u00 Un Pac RR Ist m 000 do. ibe c do. 1000,Un Pac 10%, ine: go & NWeeg bds. 30 1000 Chi & N W Ist m. en 0 ¢ 1 Am Express. “be au West Un Te ww do 200 Chi & Alt 1 0. 3 Zeeces So 4 S er a a d a do. Han& 8tJoRR.be 27% OW &TORR.De.D3 27h do... aig do. 77 cr 2634 qd 26% 330 to 3 P. Me BS ESSSSESeeseetes.re Ex S$ = 5 = 5 $1000 St L&aIM 2.... 2000 L Shore con r bds do. 31 100 shs Del & H Canal. 113% 60) di ais 1000 West Un ‘fer 74 100 do. WwW do 74 24 200 a 100 do. 7 dk 3000 20, di 1600 do. 50d. wd wo 400 400 di 1400 a Hg 300 20 ao. ile B9%¢ 800 do. 21 Harlem Ri 122 300 do WwNY C& HRit} 957% 167 Del, L & 20 do. 100 Mil'& 96° 900 Mil & 500 a 300 SEESESESSEES: SEZ 5 Serre: C,C alo. Cotton Firmer=Fiour Firm—Wheat Higher—Corn and Oats Easier—Provi- sions Quiet and Easier—Groceries Quict and Unchanged—Petroleum Firm— Naval Stores Dull and Unchanged— Freights Steady—Whiskey Higher. Monpay, Dec. 15—6 P. M. There was a fair business in merchandise to-day, and the markets generally were firmet under the higher ruling of gold, On 'Change flour and wheat were firmer; the latter being wanted for ship- ment was decidedly higher. Gorn and oats were quiet; prices tended in favor of the buyer. There was comparatively little done in provisions, and both pork and lard were easy. Freights were quiet. Whiskey was fairly active, scarce and higher, Groceries were quiet and unchanged. Petroleum was quiet but firm for all descriptions. Naval stores wore dull and values toanextent nominal. ConemmeniGhe marget Was Very StropE for wll dey, Toad | fined 23¢c. @ 2e.; extreme range tor lots, 21%4c. af 25c., gold, per lb,, 60 and 90 days’ credit; Java, government bags, 296, & 30c.; do., grass mats, 30c. a Si¢c. ; Singapore, 260, @ 2%c.; Maracaibo, 2c, # 26c.; Laguayra, 24c. a 250.; Jamaica, 2c. a 233¢c.: St. Domingo, 193¢c. @ 2c.; Porto Rico, 223¢c. @ 244¢c.; Costa Rica, 23c. a 26c.; Mexican, 23e, a 2e.; Savanilla, 2tc. a 25. ; Caracoa, 230. a 2c. Corton on the spot was fairly active. With light offer- ings, owing chiefly to the continued advance in future deliveries, the market ruled higher, and average lots of low middling sold at 15%c., and other grades on this basis: Even running lots of low middling were salable at 16c. per ib. The market closed firm at the advance of ic. per lb. indicated in the subjoined quotations. Future de- liveries were in good demand and advanced Xe, per Ib., part of which, however, was subsequently lost. We uote :— ‘ Urlanda. Alarama, . Orleans. fi Ordinary ... sar} ls Good ordinary. ins 15} 1, Strict Sood ordinary. Ie by t Maas 16 Low middling. 15 16% Middling. 1 16 lg Good middiin 7 17 —the geaatous ased on Cotton in store running in quality not m than half a grade above or below the Grade quoted. ‘The sales WE eons lay . Evening. Total. Exportes ae 3 1 Sonsumption. e Speculation. 4 ote 73) 2,963 Tales to artive. For future delivery (Qasis low tmiddling) “the sales have been as follows :—Saturday ovening. after one wicloe! i December, 400 af 15%6c.; Januar, 29-82c.; Feb: Tuary, 600 at 15 13-320, 18 13.4be7 100 i6%e. 10) at Tie. ‘Tot i it "yanusry, 1300 Toe at 16s at 16 1-1oc a at ‘ivice 00 Ae, 100 at 6 161 400 ‘Sib at 16.5820." Tote , 403 Coy t16%%6., 2 162. 17 QW at 1 on on arles- ee ad terms. Total yal, bales. Grand total, an Foose atthe posts, wis were. a8 follows :—Galves- ales, Kew Orleans, 1OU8S; Moblle, 408; Sa- Witinington: 597; Nor- “Doss; Boston, 734 Papa dein, z ‘This ‘day last week, 41,661. day last year, 16,43 Rates on’ cotton to foreign ports uoted as tollows:—To Havre, by steain, ier by by steam, 98 marks ver i ibe, io. Bremen, by steam 1:40. ; by oh By ated, fod: by ull. 8d .—-Heceipts— {93207 bbls; wheat, 123,080 bushels; corn 29,700 do. 5 corn mea aa 5a 562 bbls, and 120 bay 48,050 bushels; barley, 26, lo. ‘The flour market ‘™, bat as quiet The at since last Feport foot up about 13,400 bbls., including 1,280 bbls. of Southern and 12 ant of superfine rye, all at prices within the range of our quotations. “Corn meal was uiet, but firm. Sales 150 bbis., $4 for Jersey and $4 a Psion we stern. We quote y +8450 0 $575 00 a 6 50 +675 a TH 1h 73) 575 62 67 70 700 80 : 750 a 350 650 675 St Louis, straight extra 700 a 72 St. Louis, choice double 750 a 800 St. Louis, choice tamil; 850 a 1050 Californi Nominal. Rye flour. 50 a 600 Sonthern, No. 2. 450 a 5D Southern, superfin 575 a 625 Southern, extra, 700 a 89 Southern, family. 80 alls Corn meal, Wesiert 390 a 450 Corn meal, Jersey 875 w 3x5 Corn meal, Brandywine. 44 a 450 Caioric. 39 a 400 18 00 ft. 0. b. wed. bushels.tat Milwaukee in store and afloat, all this month, $1 60 for cominon red winter in store. Corn was dull and heavy, closing at Sc. bid afloat; the sales were only about ‘,0W bushels, at 79c. in store and Sc. a Ble. afloat for Western mixed, and bie, for wiite, Oats were dull and heavy; the sales foot up about 47,000 bushels, at 55e. tor inferior, 564c. a 57c. for tair to chuice mixed, and 68¢. a 59c. tor White nd afloat. Bar- ley and rye were inactive and nominal ; the former hela above the views of buyers. Frerours.—Berth room was in moderate request to-day and rates generally steady, with the offerings mainly of flour, cotton and provisions. Vessels for charter ‘met with’a fair inquiry at about previous rates. The engage- ments were :—To Liverpool, by steam, 1,400 bales cotton t 3 boxes bacon, ‘part at ds. ; 4 hhus. tobacco at 45s., and 18 tons leather at 90s. The nominal grain Fate was 12d. by sail; S00) Dushels grain at lid. a 114. 1.200 bales cotton a 5163 bis, rosin at 4, an 1s. flour, to_ fl To, His by sail,” 3,000 bbin four ata, “To perce oy sail, 300 boxes bacon on rivate terms. To Havre, ‘by steim, 19 tons sulted hides at (0s To. Gibraltar, 300 petroleum 358. The ters, comprise:—A "British bark, Renee to London, ‘with 3800. bbls. naphtha, at 6. a Norwegtan bark, hence to Cork for orders ‘and Caited Kingdom, with 2,600 bbis. residuum at 7s, 6d. ; a German schooner; hence to a direct spanish port in the Mediter- ranean, with 6,000 cases refined petroleum at Svc. ; an te ian bark, hence to Naples, with 2,40) quarters grain at 7s. 9d. and £14 gratuity : a British bark trom Philadelphia to the Continent, excluding Dutch ports, with 4,000 bbls. re- etroletim at 7s; an American bark’ (to arrive) ‘o Atitwerp or Bremen, with 5,500 bbls. .; an American bark of 449 tons, hence to staves at $47 90 for light pipes, and an Ameri: can bark of 630 tons register, hence to Malaga, with tull Sargo staves at about $43 for light and $58 for Heavy pipe. ‘The bark reported Saturday to Leghorn with reflied pe- troleum should have been Gibraltar for orders. MoLasses.—The inquiry for foreign was rather better, but without leading to reported, transactions. | Domestic was in good demand in a distributing way at full prices. Cadiz, wit We ew crop—Cuba, centrifugal and mixed, 15¢, qclayed, We. a tic. : do,, muscovadg refining, fheva rocery, 4c. a Sic.; Porto Rico, Re. & Bos Sshullah telands Yee a, Se. 7 jew Orleans, 50c. . * Navat Srores.—The market for vg of turpentine continued dull, yet holders evinced considerable firm- ness; dlc. was geierally asked tor merchantable order; 4 bid of ge. for sellers’ Poays | wae, refused. We note sales ot 100 New York bbis. at 4 in was quiet but * We heard of sales of grades were, quoted nominally as betore. sales of 70 bbis. Wil- Ceres $3 2. Pitch weak and dull; sales of 55 bbls. city a ;thoLiv.—The market for refined was inactive, but quoted steady at 177c. a l4c. for nee of month and i4c. tor Jatiuary delivery. rot in buik was mode- rately inquired for a and qugted frm, at 4c. | Cases were a Whe. - ae ee ren out ea Bice ior city. the Phi, delphia market was Beale dull. Refined nominally at 13%c. for remainder of month and 1 January delivery, Later we heard ot salesin New York t 1,50-dbis. of refined, for December delivery, at 13%c., 00) bbis. ot crude in bulk, for December delivery, Also at Philadelphia, 3,00 bbls. of refined, for first half of April, at 1#4c. From the oil producing points reports were of a quiet market, with | quotations as tollows:—O1l ay, wu a a 05; Petroleum Centre, 95c. agi, Tunville, $10 a $1 125: Rouseville, soc. a Tiaeonte, Se, Later we dear of sales here ot 1500 bla December at te 2,500 bbls. do. 2,500 I ate ana arlige. and at Philadel: 15. to-day, ior this mon is delivery at 134, ‘ork, 2, beef, PRovisions.—Receip' packages: out, meats, tard, 410) bile and k market for mices, ie Uerces al qT ork was Tower, with sale: 2.000 larch de- t $! 16 end od Bois ed ie February at gis us, a $16 25, were firmer, ac. for ays and “oh ic. @ 7c. for West* aS. busi- 88 to-d bin tig im prises’ ba in pe range of $3 ao i or $12.) for, extra do. asa for sf erect, 68 ‘$25 a $26 for India der werees and $27 for extra mess. ef 3 were aniet unchanged ; nected within the range of $19 on extremes for common to choice. Cut ments ‘were in limted request and prices were not quotably changed. The sales were confined to nnim- portant lots, Bacon was held at full prices, with Cy of 2300 boxes long and short elear. for January. at 7 boxes do., December and Janna’ February, at 7%. n Tac, and 280 t 7c. Lard was Jower, closin here has been a ean nraee the Sennen. tootin) primes a 9c. & jo., Mare! aad cheese stgady, with modetate transactions. Ricr.—The dist ributing business was fair with the market ruling steady. The sales foot up 70 tlerces of Caroling at 7ige,a Wc. bags of Eatna, at Oge. a 7'4c, and 175 bags of yon At Gigc. a 67%4c. ; also de. in bond, at $: ‘ar was moderate, and the Sucar.—Business in raw market weak on the basi ae ae The sales inciuc ing at 7c., 861 hhds. of m hhds. ot ts at Gic.” Refined § remained quiet and not materially, changed In vaiue. . We | quote:—Cnba— Refining, Interior to, common, Oigc. & fair to good fair, 7c. 8 756 ood to’ prime, “tgs fair ‘to prime to cholce. §' \ centrifugal, 8 melado, 4 es, Dutch standard, No.7 Jo, BKC. 5 do 19 to, Ate. 01 cc. & _ sc. razil—Dutch ‘Porto doo Ba ah iE, CO! nan to Java—Duteh stand. grocery, fair to choice. 77 stindard, Nos, § to, 12, 6340. a ¢ rise ard, Nos. 10 to 13, 7X¢.'8 Sc. Manila—Superior and ex. tra superior, 64. a 7¢c. Sreamixe was dull and nominal, No sales were re- ported, in absence of which we omit quotations. Fauuow was only in moderate request, buf the market was very firm. Sales, 100 bbls. of prime at 7%c., and 9) Bos. of Choice city at 734 Witsery-cReceipts, 28 bbl. The market was firmer. opening at Soige-ahd’ closing at $l. "The sues were @ bbis. av these prices. DOMESTIO MAI MARKETS. Gauvestox, Dec. 15, 1873. Cotton demand moderate, offerings light; good ordi- ary, Me.; oriinary. I2ise Net receipts, S316 bales. Exports—To Great Britain, 1,736; coustwise, 1,34, Sales, 1,60. Stock, 68,583, New Onteaxs, Deo. 15, 1873. Cotton active and irregular, prices nominal; middling, 16% c. a 16) ; low middling, 15%%c. @ 1530. ¢ j nae good ordinary, Vaiic. « l4%cc, Net receipts, bales; 217. Exports—fo Great Britain, MA aH to the ‘xp Continent, 660; coastwise, 1,045. Sales, 4,000; last even- ing, 4,000. Stock, 181,663, Monrne, Dec. 15, 1873. tage J ar and higher; middling, 15%\c. ; low middling, 15igc.; good ordinary, lise. Net receipts, 4.008 bales. Export to, Great Britain, 3,541; coastwise, 1,936. Sales, Stock, 43,198. Savannan, Dec. 15, 1873, Cotton, strong; middling, Isc. | Net receipts, 9.272 bales. | Bxports-To the Codtinemt, 4409; coastwise, 4687, Sales, 2 Stock, 109,712, Crantrsron, Dec, 15, 1873. Cotton higher; middling, 18%4c low middling, 150.5 strict good ordinar Net receipts, 5,806 bales. Esporte to at rita F } coustwise, 3.37% Sales, 2,000, Stock, 63,826, WILMINGTON, ral C., Deco. 15, 1873. Spirits turpentine firm at 87450. ; bidtor strained. Crude turpentine qt $2 90 for yellow dip. Tar steady ab Oswrco, Deo. 18, 1 Flour steady and unchanged ; sales of 1,400 bis at for No.1 gp ring, $8 75 for amber pines, a os Sones pay 1) tor double extra, heat dull pales of une fo. L Milwaukee clut a et ly cars at 700, a7le. Bi ts ce ine oS aha Huy” 6a “< per Wa * paurand Bagel 4 ihe J 0) a ea a ats ‘pominal at at, "Canada, $1.0) 3 ee sana ‘Other fia dull and sree ate atone tn good 16 ae io. . $L slang: ebruary, $151 oo rs $14. ts al ele corn em ah ae os att mixed, 583¢¢, a ary, new, 8 pew te, a's sor teakttaal d at $6, 1s «firm al 5°00 rewt. Receij 0 Dba. foe ee ushels: corn, 6,000 do. oats. Sifpmente-2,000 bushels wheat and 6,000 do. corn. Flour steady. Sal tra, Sprite r sioady. Sales of extra, spring superfine winder, $1 90 Wheat cise sales of No. } spring at $ Tee iNon? . December: $1 1834, January; » Sdo. at $1 06%; reject Hoi higher; sales of No. 2 mixed ai ie ber mee, gannasys 55'c. pase. aaa ‘0c. Oats firm and demand at ew S0ifc. for No.2 spot; 39icc. bid January. Unehanged at 7 at Tee, for No. 3 | Barley adaay for sprig” dull and lower at but lower roviiees e and, at . Janwary; Pork sold at $14 136 pot, $14 3 February, Lard in fair demand and lower at ot; 6c. January ; February. moats steady’; shoulders, Be »» packed ; short rib milddl c., loose: packed held i4e. higher. Gi iH oulders: 62, short rib middles, 53¢c. ms, 844 Ibs. soa Si for 14 Ibe 0," tossed hogs dull; sales LD) oa firm and 950. id no oe oie Recetpta i800 pois flour, 166,000 bushels whoat, 26,000 do. corn, es ont, 5,000 | amiga heh i Sr ra dai do. rye and 15,000 do. bark eC, ” seats PRINT CLOTHS MARKET. Provipuncy. R. I. Dec. 15, 1873. Printing cloths are firm, with a steady business for pone on a basis of €c. a 6}gc. for best 64s, spot and THE CHEESE MARKET, Unica, N. Y., Dec, 15, 1873. Cheese—The otesings. to-day footed ‘ip about 1,000 boxes, of these about were sold at 12c. al2igc. The market is closed for the season. EUROPEAN MARKETS, LonpoxfMonay ances, —Lonnom, Dec. 15—12:30 P. M.— United States five-twe: bonds, 1365, old, hei ten-fortiog Vy Ee sBallway shares. 36, ROD Central, 7! way shar . M.—Erie feuliway aren, "ah a St a PEM 8 374 LONDON, Dec. 15-2 P. M.—Paris de- spatches quote rentes at SOf 7is¢. 3 P. M. “Prench rentes at 50f. 6c. 4 P. M.—French rentes at bg FRanxront Bours¥,—FRanxrort, Dec. | 15.—United States five-twenty bonds, 97% for the issue one Liverroot. Corron MaRxer.—LiveRroot, 15—6 P. M.—Bales on the vasis of middiing uplands, nothing below ‘ood ordinary, shipped January and February, at Tee 3 : lo, do, delfverable December and January, at do.’ do., deliverable Jannary and Februar: Ba GE the sales to-day 9,300 bales were, Ameri mn to alone The market Pry a shade arrive steady; no transac m: a. a 83d. middiin Or. firmer; middlin; uplands, leans, 8%d. a 834d. Sales 15, 4, including 3, speculadon and export Sales on the basis of middling uplands, nothing below good ordinary, ‘shipped Novem. ber, gt 84¢d.; do., do., shipped December and January, at sigd.; do., nothing below low middlings, shipped, De- cember, at 83d. ; deliverable Decembe:, at 8d. Sales on the basisor middling Orles: , owning below low middlings, deliverable December, LivkRPooL SRRADSTUFFS MARKKT. Daa teetoos. Dec, 15—P. M.—The market is quiet, Livenroot, Provisions Manxer.—Livenroot, Dec. 15— 4 P. M.—Pork, 67s. 6d. per bbi. for new mess. Livenroot PRopuce Manker.—Livmgroot, Dec, 15— P. M.—Spirits petroleam, Lid. per gallon. Lonpon Propuce Maacet.—Lonponx, Dec. 15,—Tallow, 40s. 9d. per cwt Linsoed cakes, £11 10a. per ton. Spirits turpentine, Sls. per owt. ———+ 2+ ______ FINANCIAL, “\ TLANTIO | SAVINGS BANK, CusTaam SquarK, ayp New Bowsgry, New York Dec. 13, 1873. } Dividend Notice.—The trustees have ordered that an interest dividend at the rate of 6 per cent per annum be iid to all depositors entitled. thereto on and after Mon ay, January 19, 1874. Lnterest not drawn will be added to principal. HARBISON HALL, President, D. BAILEY, Treasurer. - b A eee mie Y DEPOSITED NOW WILL DRAW IN. TeREST FROM JANUARY 1. RARE OPPORTUNITY FOR A PERFECTLY SAFE and profitable investment.—We have Jor sale, at a liberal discount, a First Mortgage of $25,000 on property out of the city, worth $200,000; interest payable in New York sembannually at7 per cent; annual income from property. $50,000; bonds first class (New ae party) with undoubied guarantee, PHALON & SLOAN, 31 East Seventeenth street. LEXANDER FROTHINGHAM & COMPANY SECURE capital for incorporated companies, merchants, manufacturers, mines. Our resister contains many ames, possessing various for investments. ALEXAS DER F' OTHIRGHAM 00.113, 4 Broadway. N Al FIRST MORTGAGE OF $300 ON LAND NEAR Roselle, N. J.; leas than two years to eae Had sale at 12}; per cent discount, RIKLR, HESSE & 100 FOR 10) SHARES; $250 FOR I0CK PRIVILEGES: GOLD DOUBLE PRIVILEGES IN STOCKS AND GOLD: A CONTRACTS NEGOTIATED ON MEMBER: 3. EXCHANGE OR RESPONSIBLE PARTIES; EXPLAN A. TORY Cy Aad WITH REFE MAILED ENC! TO ANY ADDRESS, LAPSLEY & BAZLEY, BROKERS, 74 BROADWAY. A. ~MONRY TO LOANTIN SUMS TO SUIT, ON FIRST glass, Improved Property, in this city only; First and Second Mortgages bot IN LOAN AGENCY, 78 Ceaar strect. ‘ASKINS & BRAINE, BROKERS, 11 BROAD STREET. Stocks and seat Dought and sold for cash or on mar. gin; privileges negotiated on responsible firms, which canbe let of cash margin ; this enables any one vith soya a tal to speculate With little risk. Explan. atory circulars ONEY 70 PURCHASE SHORT TIME FIRST Mortzages on Improved Real Estate, in Jersey City Newark, Orange, Ajzabeth or Rahway, N. J. JOHN 8. PIERCE, 106 Broadway, corner Pine st. ‘ORTHERN PACIFIC BONDS, ‘We can dispose of and use Northern Pacific Bonds to good advantage. For particulars address COLLINS & HAZARD, i74 La Salle street, Chicago, Tl. ARTIES HAVING FIRST MORTGAGES FOR SALE can find a purchaser by applying to CHARLES J. LEGGE, 153 Bowery. TOCKS BOUGHT AND SOLD ON TEN PER CENT margins: seven per cent allowed on all daily bal ances; information and advice furnished, VALEN TUMBRIDGE #CO., bankers and brokers, 89 Wall streot, box 2,28 New York Post REASURER’S OFFICE. Kansas Pacrrtc Rarwway Couraxy, Louis, Dec. 6, 1873. Holdors of bonds of the Kansas Favifc tailway Com- pany, Union Facific Railway Company, Eastern Divi- sion an oe Branch are requested to send their add. fo me, giving a description of the bond we beers, so that any ine be dul, LEY, or bonds hela by them, formation issued by the Company ma them. c. RE! easurer. ANTED—A SEAT IN THE NEW YORK STOCK “ae at $5,000. address SPECULATOR, LL EXCHANGE FOR FIEGT MORTGAGES, WELL cured, $10,000 worth of first clase Furniture, new out of factory H, PATTBERG, 234 Broadway, E HAVE FUNDS FOR PURCHASING GOOD FIRST and Second Lk poe also to loan on first class City Property, inprove or unimproved. WARD & LEAVITT, 54 Wall street. 8 "AND 0 ey CENT City and County Bon City He Stocks, Railroad Bonds and other choice Stocks and Bonds, paying 10 to 2 per ty at low Fates, fOr sale, b or si UbeRe H._NICOLAY & CO., 43 Pine strect, New York. N, B.—Investment Securities our specialty 22 years. $200 —INVESTMENTS IN | WALL STREET THE days have paid many of our custom- He ming $10 c: can is alte on without latory pamphiet mailed on applica- VALENTIN E TUMBRIDO + ene Bankers and Fact cack 39 Wall street, 3 New ¥ York, —FOR SALE, A SEAT IN THE NEW York Stock Exchange. Address J. G, W., $5,200. rald office. $20.000. —WANTED, BY AN EXPERIENCED Wall street man, a member ot the Stock Xchange, @ responsible party With above amount to join him in doing a commercial business. Interview and Il parbeulars given by addressing B. G., boX 16) Herald \ Otten countant W. E. Warren—The Def- ciency More Than ‘Was at ,First Sup- posed. * At the meeting of the Common Council yesterday afternoon a communication was received from Comptroller Schroeder transmitting the final reporé of “expert” accountant W. E. Warren on the im- vestigation of the accounts of ex-Treasurer @. = Sprague. The Comptroller says:— id Which the city should be held aalaeet Dondamen of Mr. Sprague, however, refused share of esponsibility in ‘the matter, an tion he has been sue Mr. Sprag into an reement ‘de® “bat nag reimburse the cit “Sas commenced a set aside the agreement, on the plea that ae had not ropriated any cil moneys to own use, ‘and therefore ig not Niable” Mr. Ware ren in his report, however. that Mr. Sprague, before he been in office many weeks, and long before Mr. became Deputy Treasurer, had appropriated to thls 1 ne, ato alone city, Sta amount of deficiency is shown to 28 nore Wag@at first supposed; the sum of $14, some $300,000 of city moneys. are ‘ have been deposited by the Treasurer oe his" pat wreat ways to substantiate the Claims bay interest on the amountretained from the city. sum, however, is far from sufficient to make of the city in’ the item of interest. ‘Therefor Sprague hasropudiated the agreement envored him with the city, and as Mr. Patton has compelle go Into court, I sce no reason why we rai Our claim against these" cenuemen, eal amount to which the city is entitled. Mr. Warren, in the course of his report, Peg? The result of the investigation shows A there was a deficit in the City eae: it tt Ws sides and im addition. to the $30.00 shost ik the aghook money, and a larger amount. e reir as set forth im my previous report, but that it was the constant pi of somebody. during the whole of Mr. Sprague’s term. of oa office, to use for outside and wholly unauthorized pur~ for, various, periods, large sums of the Tnoney entr im for safe keepin; an tonty Gntrusted ipopardized, chiefly, yet it whi e individual au. pad ile all moneys ‘were reauteed. “orbe paid to the City Treasurer Is-was the duty ry of that officer to deposit it the Same on the days of more of the designated deposit of making such deposits, however, it was the practice of the Treasurer, or some person authorized by him, to handle the money, to retain large sums froin time to time, and Faneen Deny todeposit itin various different sums. No account bel ing required from the Treasurer aa at present, there was fitie' or no danger of sach opera~ tions being discovered by the Comptroller. However surprising it may appear, evidence of the most con- clusive character has been discovered that before Mt Sprague had been in office two weeks more than received By him a 4 Treasurer had been retai by sommenod ly from dep: Reedle bane Frernon ate rs ary @ aggregate of such retained amot reached the sum of 000, no part of which, was returned until several’ mont afterwards. The most ample Pino roofs of these statements are furnished herewith. ‘he lengthy tables annexed to the accountant’s report show that the total amounts retained reached the sum of 89. The books of the City Treasurer do not show the use that was made of the money during its retention, por the amount of interest or profit derived from such use; neither is there any Rt or account found to indicate the name or names in wh! the loans and investments of such money were made. to the statement of the accountant the totel ee received, and credited to Accordiny amount of interest on di the Corporation by Tre ms office was 72; credit Clty Treasurer, September 15, thereon, $101,656. The report was ordered on file and to be printed in the minutes. WESTCHESTER COURT MATTERS, Another Phase of the West farms School War—The Ryo Neck Murder Mystery Again To Be Probed. ‘ An adjourned term of the Circuit Court ana Court of Oyer and Terminer, Justice Pratt presiding, was com- menced at White Plains, Westchester county, yesterday morning. In accordance with a previous understanding between Court and counsel, the suit of the Boar d of Edu- cation of School District No, 1, of West Farms, against Lewis G. Morris and others was commenced. It may aero be mentioned that the co-defendants in the case comprise not less than a score of metropolitan police officers, a police sergeant and about halt adozen civilians. The triat 1s ‘ buta result of the school war which has been bittersy carried on in the town named for the past two or three ears, the objective point between the opposing cliques: Bein; the control and management of educational a! hire i in the district. For the prosecution pppeared Messrs. Chauncey Shaifer and Abel Crook. Meas mry Ly Clinton and Calvin Frost conducting the defence: The action is brought by the educational body above: named, through its President, Mr. John B. Hi the charges being malicious mischief and trespass, resuiting: in damage toa school building during an annual jee olen ne ‘and while, as alleged, the defendants 16 Cl aged in @ riotous demonstration. It appears that ine fAgnds of the Morris part secured a detail of police officers from New York for the Ris aug as they assert, of having a fair election, and to this number were added four other men belonging | to t nd sub-precinct, the ole. being im charge i reat Steers. Whether the o presence of the police Bad a tendency to check disorder on the oceasion or otherwise has not yet been both hs decided. A aumber of witnesses were examined on sides, the result being not a little conflict of testi which feature evidently did not displease the adherents oft the litigants, as was manifested in their tne aplauding when any telling point was elicited by the Witnesses. The case was still on at @ late hour evening. in the Court of Oyer and Terminer to.lay Poter Ter- rell, indicted for the murder of Gilbert H. binson, at Rye Neck, in April, 1869, will pe placed on trial. Am extra. panel of jurors has been summoned tor the occasion. REAL ESTATE. The market opened quietly for theweek, with a single sale at the Exchange Salesroom, particu- lars of which are given below. The peculiarly mixed appearance of the Congressional situation in respect to its possible solution of the presené financial problem has not a tendency to stimulate dealings. Among private sales spenasse & Freeman report the sale of 3 80-100 acres fronting on Harlem River, on the line of 164th Piste, ann for $80,000; also two lots on the Dyckman estate, Nos. 109'and 100, for $6,500, NEW YORK PROPERTY—BY RICHARD Y. ARNETTE. 14s. Dk. tenement h. and J. on s..s, 7ath st, 100 ft. w. Of 1st av., lot 2x1022; P. Donovan THROTTLING AND CAGING A BURGLAR, Yesterday morning, about half-past three o’clock, Mr. Thomas P. Case, who sleeps on the floor over his confectionery store, ig Pavonia avenue, Jersey City, heard a noise in the store. Without waiting to raise any alarm, he quietly slipped down segs and, on opening the door leading into the store, saw a man rifling the money drawer. In less “than two seconds the burglar was struggling on the floor, Mr. Case gripping him firmly by the throas. The ruflan became suddenty penitent, and recited some of the prayers he had warned in early iites but all was unavatling. was di ont through the street till they nas Officer Butler, who took him in charge. He gave his name as Michael Felmee. He is only 17 years of age. HOUSES, ROOMS, &C., WANTED. im this City and Brooklyn. f PHYSICIAN WANTS IMMEDIATELY A FUR. 4 nished Office, of one or two room: oF first floor, Fifth avenues and Twentie th streets. Address Dr. RATTVAY, A between ea 3 and fomtth and Thi Ag iu UIET LADY AND SON WANT, IN A STRICTL} privi A. Drixate house, quiet, clean, well Ye a a two ining Rooms, rge ai fast MS wocy iow indeed." Address dB my ere office. GENTLEMAN AND HIS MOTHER WISH A FUR- A ple for et ey igeatlon, pes table for housekeeping ross, Wi 4 so tull Uescription, HOVEY, Heraid Uptown office. FFICE FFICE _ WANTED—FURNIS HED OR UNFOR- nished, tor a business every way desirable ; loca! must be on first ae on Broadway, between Wi jong lease preferred. ress, stat- er, FIRMNESS, Herald offi ‘WANTED-A ROOM 20X35, OR LARGER, SUITAI ABLE for a eer school. Also dwelling Rooms. dress GEO, W. GRIFFITHS. 106 West Twentieth street WANTED-FOR LIGHT, HOUSEREEPING BY quiet family of five adults, a Floor or Upper of house, five rooms, furnished of unfurnished ; be low. references exchanged. ‘Address PERKINS, care of H. B, Clattin & Co. WASTED-REFORE THE MIDDLE OF JANUARY, Ninth ward, three or four unfur- — nished Rooms, Address JOHANNES, station D. Wx IMMEDIATELY. ging Bedrooms, front and back Parlors and 0. 000 TO “LOAN IN SMALL SUMS oN IM. $5' proved or unimproved first class city property j first and second mortgages bought. Apply to IENRY TAYLOR, No. 4 Pine street. 86. 000. TO LOAN AND FOR . INVESTMENT IN p50. fst and second Morigaues on improved unimproved cit: ropel in snall sums, i Prove TDD WATLES, 36 Wall strect. 11 00 IN SUMS TO SUIT, FOR FIRST Mortgages; Cent Second Mortgages wanted iinmed iately at a tair d HALON & SLOAN, 31 East Seventeenth street. $200. 00 RAILROAD AND OTHER BONDS, at less than 50 per cent, wanted imme- istely, for cash. Address, with minute description and price, L. D., box 3,169 Post office, $300,000 Butkerae TO LOAN--ON MORTGAGE; SUMS to suit on city Te estate, tor term of years avd legal ex C. surance ‘Company, (68 Broadwa, enses, iLLIs, Montauk In- PARTN NERSHIPS, The copartnership heretofore oxisting under the firm name of Putzel & Bernheimer, No. Mig Pine street, is this day dissolved. I therefore beg to inform the public that Iam not responsible for anv Seaver made from this date under the name of above fi New York, Dec. 13, 1873. . PUTZEL, HE FIRM OF J.T. ALLEN & CO. IS THIS DAY dissolved py ma utual consent. The interests of Henry C. Susbee and Nathaniel H. Van Winkle (ret ones 3 partters) have been purchased by the nid , who will continue "ong sean under the g Ei a Al lone ar FRaK, xo Naw Vous, Doo. 1% 173, ” Faia ie TANTED TO RENT—ON FIFTH AVENU! os J tween Twenty-fitth street and rou heme " Pian ‘venue jotel. Address ROO! Sr Herald Opeawra. turnished high stoop House, between oatieante + and Thirty-fourth streets ae between Fifth and [oy nues, on Twenty-secom Twe Branch ¢ office. : m1 or streets, Address J. E, 0. a serald thown wears cae rf In the Country. ANTED—THREE OR FOUR ROOMS, IN THE country, furnished, a ar rent not te exceed $25 per month, ‘Address P. 4. H., Brooklyn office. —STANDARD /AMERICAN Bi Al. the Phelan & Collender Combination fe I, u ‘A, W. COLLEN DBR, sua~ pea APA a ‘cditender? 78 ‘roadway, N New oe “) SPECIALTY,—SECOND HAND BILLIARD ae it manufacture! at great Ofsoveral diteat American Bevel Tables, y wil fice, for cash. cae be dol lanéy's champion wire cushion (¢% GRIPFTTH &0Oe Pata 1S Voy tee A; ASSORTMENT OF NEW AND SE ; =A LARG ptt xD SECOND, f, PHELAN’ Billig constantly on Lo panda, Nos Ne {TSTORAGE.—WEST SIDE STORAGE | houses (or Laan Pianos, arate rooms; accommodations sup tiperinee tS a ny 7 See On in New York, Manager. Office 593 Hudson street near ar West Twel MATRIMONIAL, . \ GENTLEMAN OF MEANS ne wae ee A form the cnee and ple ota soual sappeat Cart ATR ‘and