The New York Herald Newspaper, January 19, 1874, Page 9

)MIPORTANT RELIGIOUS HOVERENT JERSEY. OONTINUED FROM EIGHTH PAGE theological institutions of the Catholic Chure this country. It will be open to students o! an mationalitiés, and one of its special features will be of wudy. in the Boglish, German® ana Prams an Professors and teachers of great ably people and their children of the German popula- ion to attend to their religious and educational rane, no church or schools being nearer to them than those belonging to the Order of St. Francis, which are located in the centre of Trenton. Seven students are to arrive the coming week, who will take up their residence temporarily in the quarters which are now bei vacated by the Sisters of Charity. Bishop Corrigan has given his consent to this praiseworthy enterprise, notwithstanding much pressure was brought to bear on him to ais- countenance it. A prominent German Catholic, ‘while speaking on this topic yesterday to @ HERALD reporter, stated ‘that the Germans of Trenton and Bisuctodneas, Gad us mag be sure they Wil do he ness, and he mi sure io their duties as fhis’oblidren, ‘end that the Chambersburg congregation will support their pasto? as liberally 3 any other congregation in Trenton, without help from any i) outside the parish.” St. Francis’ Hospital, located in the suburbs of Trenton, and lacent to the site of this new seminary, will be open for the pecs petolae patients three weeks hence. It has been in course of con- struction for the last three years, during which time the Sisters of St. Francis have worked with the mest commendable zeal and untiring perseverance for the success of this philanthropic undertaking. Tt cost which was contributed by all nationalities and denominations. Access will be had to it by ali classes of the community, without distinction as to race, color or creed. — It will be ‘under the superintendence of the Sisters, who will take charge coming week. All the junds con- tributed for this noble object have been exhausted in its completion and furnishing, and consequently & fair is in contemplation to aid those devoted Samaritans in their efforts to administer to the ‘wants of afflicted humanity, The headquarters of the Order of St. Francis in this country will be removed from Syracuse, N. to Trenton as soon as this new seminary is com: "Pena A branch of this Order has been located in he latter city for seven years past, of both ‘brotherhood and sisterhood, 4 ® THE ROLLING MILL STRIKE. * Pn WIRE BELT 4 Ds Destitution and Suffering on the Ohio River in Consequence of the Labor Dispute in the Iron Mills. CINCINNATI, Jan. 18, 1874, The boss rollers and heaters in Swift’s rolling mill, of Newport, Ky., which works about 800 oper- satives, receded trom the Pittsburg scale of prices for manufactured iron, and the mili is idle. About 600 of the operatives have familtes, and a great ‘deal of destitution and suffering are entailed by the action of the bosses. The rebellion of the ‘bosses embraces all the mills in the Uhio Valley, as weil as mills in Missouri, Tennessee and Lllinois, 4s Newport lies just across the Ohio River from this city communication is easy with the Cincin- mati mills, and the rebels show a solid front. All the mantiacturers ask is for the laborers to co-operate with them to produce iron at a cost which shall enable them to put is in the market so as to compete ‘with Pittsburg prices. Tne bosses will not accede, and ® general stoppage of work is the result. The manulacturers decided upon their action from the fact that while iron has fallen in price there never has been any decrease in the wages paid Jor its ‘Production here. Each of the bosses nets $40 per lay, after paying their helpers, and the sliding ‘scale would reduce this net pay about thirty per Cent, still leaving a handsome margin of clear gain. There are twenty-eight of tnese men engaged in the resistance at Swi(t’s-mill, which has veen chosen as the battle ground, as the proprietors are determined to run it with men who Will come in von the sliding scale; but it 1s almost as much as their life is worth to do it. Those who accept are denounced as “black sheep,” and are mobbed while ung from and coming to the mill, They are ted on at night by committees and threat- ened with violence. ‘he mill is guarded by special details of police, and in some cases the industrious operatives have to be accom- pnee by policemen to and from their homes, @ operatives are as effectually under the control of the bosses as were in Old times the slaves on a cotton plantation, and think they are martyrs to a principle, because they suffer rather than go back on their bosses. Many of their fami- lies are sleeping on straw in sheds and would Starve to death but for the sustenance recetved at | the soup houses in Newport and this city. The bosses are all well off and swear to stick it out as Jong asthe manufacturers, It is not a question of | Dri le or obstinacy with the latter, but a mere question of Ca to produce manufactured iron at @ rate sufficiently low to allow a paying margin. As there are twenty large mills and 7,0v0 oper- ‘Atives and their families involved in the rebellion, NEW YORK HERALD, MONDAY, JANUARY 19, 1874—WITH SUPPLEMENT FINANCIAL ANS: COMMERCIAL IMPORTANCE OF RETRENCHMENT. What the Voice of the® People May Accomplish. RAILROAD IMPROVEMENTS. The Iron Fingers of Trade—The Value, Extent and Cost of Our Inland System of Transportation, REVIEW OF THE WEEK. Money, Stocks and Bonds—Contrasts and Results. WALL STREET, | Sunpay, Jan. 18, 1874. If there is any command that should be uttered from one end of the country to the other and be made to ring im the ears of the assembled Senators and Representatives of the people, it is embraced in the single word—Retrench! Congress should know that the people are earnest in this matter and de- mand an immediate reduction of public expendi- ture to a point consistent with that wnich existed before the war. There should be no postpone- ment—no waiting for the estimates for 1875. If in one or another governmental department a larger clerical force exists than is necessary, let it be cut down at once—not in July. If economy will be good then it will be better now, while every dollar spent-by the government adds to its buraens and increases its financial difficulties and while THE RECEIPTS OF THE TREASURY are insufficient to meet its payments. Would it be deemed prudent for a merchant who has been overtaken by disaster and finds his resources diminishea, to plan a system of economy for prac- tice at some remote time and meanwhile maintain his usual costly expenditures by giving out “due bills’? to meet the consequent deficiencies ? Yet, is not this precisely what the government is doing to-day and has been doing for the last three months ? If' not prudent for the merchant, is it any more prudent for the government ? Up to this time it has been scarcely intimated in Congress that retrenchment should commence witnin six months. The “due bills” being issued meanwhile to meet deficiencies have none the less to be paid, They are in fact an immediate tax upon the people, imasmuch as they are enhancing prices and adding to public obligations, THERE IS DANGER, “however, thateven after July retrenchment will prove a delusion, because it seems as if the Con- gressional committee whose duty it is to revise the estimates were met at every turn by the declara- tion of the interested departments, “This is impos- sible! You will cripple the government!” It is possible, and the people are demanding that it shall take place and that Congress shall Teduce the total expenditures, exclusive of the interest on the Public debt, to a sum not exceeding, say $20,000,000 in excess of the expenditures for the year ending the year 1873 shows a considerable decline from that of the preceding year. The total for 1873 AMounts to $398,568,176, against $432,106,686 in 1872—n decrease of $33,548,511, or 744 percent. Leay- ing out of consideration the specie movement of $13,000,000 the decrease was $46,559,914. The last quarter of the year, however, compares favorably with & similar period in 1872, and is strongly in- dicative of recovery from the effects of the pre- vious excess. The’ Mount of goods actually mar- keted compare as {oll ws:— < 1872. 1873, Entered for consumption... $196,959,418 $170, 145,207 Withdrawn from warehouse 164,073,905 162,438,653 Total marketed...,...-...$351,033,323 382,583,260 —The imports for the month of December amount to $21,682,360, against $27,098,505 for December, 1872. The revenue collections of the port for the year Were $115,516,932, or $21,000,000 less than the amount collected in 1872, but the receipts for De- cember were only $304,200 less than in 1872, a healthy sign. The decrease in customs for the last quarter of the year 1873 was $5,188,969, THE FINANCIAL EVENTS OF THE WEEK have been unusually interesting because they were of @ character calculated to give great ac- tivity to speculation and induce a belief in ad- Vancing prices.. The reports of the New York Cen. tral and of the Lake Shore Railroad, untli analyzed, tended greatly to strengthen these, and, sympa- thetically, other stocks, while the statement tbat Commodore Vanderbilt would, at an early day, pay the $1,800,000 due by.Lake Shore to the Union Trust Company, the Mattering condition of the banks, the prevailing ease of money, all came in as elements of the situation and led to the sharp movements which characterized the greater part of the week. Towards the close | more or less of a selling process was observable, and symptoms of an increasing “short” interest developed themselves, which were influential in somewhat depressing the market. it is note- worthy that several of the lower priced stocks sus- tamed the raids made from time to time much better than their more ambitious neighbors, and came out of the week’s broil with fewer scratches. For the iminediate future of stocks it is useless to predict. Everything depends on the determina- tion of the money magnates, who have 1t in their power at the present moment to manipulate the market in any direction they choose. The specu- lation in * Goup during the week was unattended by excitement, the transactions generally consisting of quick turns and small profits, The price, however, 13 ‘steady, ifnot firm. The following table shows the changes :— Opening. Highest. Lowest, Closing. Monday, Jan. 12.... 111% 112% ux 112 Tuesday, Jan, 13.... 111% KCL lll) Wednesday, Jan. 14, 1113¢ 111g 11s lls Thursday, Jan. 15... 1113, ils «Ill = 11 Friday, Jan. 16., 13g 11d 11% 11s Saturday, Jan. 17... 11134 1113 lly ll MOYEY was offerea on call loans freely, more indeed than could be used, and for two or three days the rul- ing rate has been 5 per cent, with exceptional business on the basis of 3 and 4 per cent—lower figures than were ever before known at this season of the year. There was a good demand for busi- }. Ness paper, and prime names were marketed at 7 and 8 per cent. Foreign exchange closed strong, with rates advanced in consequence of the small supply of commercial bills. THE BANK STATEMENT. The bank statement was published in this col- umn yesterday, but it contains so much of encour- agement, it is such a picture of growth and confl- dence, although painted in the hard, dry, but elo- quent lines of figures, such a compliment to the June 80, 1860, This would be an ingrease of 63 per cent—much larger, in proportion, than the corre- sponding increase of wealth and population since that period. The subject is too serious a one to be lost sight of fora moment, Capital and labor are alike interested in its achievement, and it only re- quires joint persistent effort to win. THE RAILROAD EARNINGS of @ number of Western lines, whose fiscal year ended on the 3ist of December, are decidedly encouraging, especially when we recall the many difficulties with which they had to contend during the latter half of 1873, Milwaukee and St, Paul shows a gain of $2,088,000, and Chicago, Bur- Ington and Quincy reports an increase of over $2,000,000; both of these roads, however, operating more mileage than in 1872, and thus swelling their gross receipts. Lake Shore, on the other hand, it becomes a very serious question to the iron anwacturing interest of the whole West. | GALIFORNIA. SAN Francisco, Jan, 18, 1874, The steamer Costa Rica, which has been thor- | Oughly repaired, sailed ior Panama at noon yes- terday. She took the greater portion of the cargo \Of the steamer China, ANOTHER OVERDUE STEAMER. ‘Tne steamer Colorado, due hére on Tuesday last, Pigenates Hage et ? tbr Wi nator ir will leave for hingt few days. ry 7 ars ee le Mead Legh) Vn ueays. fete Ks rain throughout 1 rior e State, wi lestructi Beveral localities, if sche ate A HEAYY GALE prevailed here last night, doing considerabie dam- Bge to houses, &c., in the suburbs, but none to the bhipping in the harbor, one show that the small pox is still decreas- DOMESTIO MARKETS, Gaxveston, Jan. 17, 1874, ‘ood ordinary, 13%4c. ; mid- ales. Exports coastwise, Cotton auiet: fair demand: Gling, 16c. | Net receipts, 4,728 12 Sales, 2,200, Stock, 103,206. New Ontxans, Jan. 17, 1874. Cotton—Demand fair; middling, Toye? low middling, .; strict good ordinary, Iitgc. Net receipts, 5,053 jales: grows, 5.910. Exports lo Great Britain, 8.185; joastwise, 742. ‘Sales, 3000; last evening, 5,00. "Stock, 7 : Montue, San. 17, 1874. Cotton higher; middling, 15%c. ; strict good ordinary. Bye. iNet roceipia, 2.647 bales ‘Exports coastwise, 004, tales, 1,000. Stock, Sayannan, Jan. 17, 1874. Colton casy : middling, 1534c. Net receipts, 4.048 bales. txports coastwise, 2,567." Sales, 1,671. Stock, 14,229. Cuaruyston, Jan. 17,1874. Cotton more steady; middling, 1534c. ;'low middling, Bige.: strict good ordinary, Idize. “Net receipts, 2,304 iales. Exports—To Great Britain, 2,098; coastwise, 909. jales, 1,200. Stock, 5,043, Wiarnoton, N. C., Jan. 17, 1874. oP rata Rents andOay I fae ; e MeO for yeliow dip, ‘Tar dull ae $250 meres Oswxco, Jan, 17—Eveni ir steady and unchanged; sales of 1,300 bbls. Float or No, I spring, $9 for amber winter, $960 for white {o, and 10 tor double extra. Wheat unchanged, sales Burravo, Jan. 17, 1874. Imports for the last twenty-four hours—Flour, 6,700 bbls. : wheat, 23,850 bushels; corn, do. + omts, 42,000 40.; barley, 5,480 do, Exporte—Wheat, 19,600 bushels; corn, 24, do.; oats, 42,200 do.; barley, 2,400 do. Flour ; of Western ground spring at $7 a $7 50; bakers’, ; amber, $8 a $3 50; white ood demand; sales of 800 bushels No. ee at $160; quoted, Milwaukee No. 1 sprinj do, No. 2.do, at $19, ChicagoNo. 2spring at Ted winter at $158. Corn lower; sales of els No. 2 Western at 79. Oats 2 held arsic. Barley, stead at Hh 45 000 Flour duit andanchanged. _ Wheat d and a shade lour dull and anc! I. ea a) a si lower; sales of No, 2 white Wabash at $1 9; No. 3do., i imber Michigan $1 4844; February, $1 495; March, it No. 2 red, $l 4: March, $152; No. 5 red, $1 33 4 1 824%. Corn in fair demand and lower at é4c. for high mr h and February; March, 66c.; April, Gdc.; new, 6¢.; low mixed @c.;'new 62'c, Oats dull and 35, do. do. oat Shipments. 000 do. corm, and 1,000 do. oats. bushels wheat, 90,00) do: corn, and 10,000 do: oats. Curcaco, Jan. 17, 1874. Flour quiet and weak. Wheat dull and unsettled, clos ing & shade firmer; No.1 spring steady at $1 24a $1 26; No. ido. $1 £04 oh, the spot, $1 2444 February, $1 2734 March; No. 8 do., $1 15; rejected, $1 08 a 1 Ok Corn dull, unsettled and lowe: closed atthe outside prices; No. ‘2 mixed 6c. on 6c. February, 57%c. jected old, Sl, a iNo. c. Cash, 8 Gull and ashiads lowers Nov Sat 78 ) fall at $1 45; N -and nominal for No. 2 $1.21.. Drosaed hi 3 $6 4—the latter cash, $14 20 Februa: ‘at $8 80 a $8 85 on spot, $3 9% February, $9 2 Mareh. mand, firm and about Ye. higher; short rib middles, 7340. a Tye., all loose, on the 01 Ce. 1,000 bbis. flour, 160,000 bushels wh oer taT Oi) do. oat, G0 do. ve ‘and 1B d ty—12,000. ‘bbls. th 000 bushels. whea ? H do, (cor, 15,000 do. oats, 1,000 do. rye and 12, » ley. PRINTING CLOTHS MARKET, Provivencr, R, J., Jan. 18, 1974. Printing cloths—The market was & little firmer at the Meee of feud) tothe male‘ 84 | BAXOA soaonids AE OMS leces o1 x made ai ae Soe Ot ae cit aanae ters os staMdard, 940, cad; do. standards, 6¢., tor 30 to 0 date lo, barley. 1,500 bushels. No. 1 Milwaukee club at‘$1 60, Corn quiet dat Toe. Barley quiet: Up Lake, 75. Corn meal, $165 tor boited and er owt. ‘ged unchanged ; shorts, fh a $22; fa, $28 & $24; iniddlings, $25 a er jon. Railroad freights—Flour to Philadelp! toe. fon 60c, to New York 5Vo., to Albany 42c. while making an excellent exhibit, has been obliged to part with its monopoly of the traffic on the Cleveland, Columbus and Cincinnati Railroad and on Toledo and Wabash. Rock Island is also sald to present favorable results. It is to be borne in mind, however, that nearly all of the immense trafic ‘which has given these lines employment is in only one direction—from West to East. It is but HALF BUSINESS. The cars that were taxed to their utmost in moving grain returned empty. The shipment of merchandise from East to West is still compara- tively light and unprofitable—a fact, by the way, that illustrates how slow is the process of recovery in commercial and manufacturing circles froiu the effects of the recent panic. Another feature is worthy of comment. Expenses have been largely reduced, and greater economy is being exercised in all the departments of the roads to a degree which compensates in a measure for the falling off of business. Indeed, it may be safely said that the recuperative energy of the mercantile community, that we reproduce it to-day. It will be seen that the total liabilities have increased only $11,497,600; that the banks now hold $25,144,775, against $21,897,000 last week, above the 25 per cent reserve, and that the increase of-excess over last week was $3,248,000. It is more than probable that these fay- orable figures will be repeated ior some weeks to come, for the reason that the outlay from the gov- ernment reserve has not fairly entered the grooves of circulation and its influence has been unappre- ciable, except in the artificial conditions of the stock market. The following is a comparison of the averages of the past two weeks :— Jan. 10. Jan.1%. Differences, $268,640,000 $208, 496,500 Tne. $2,856, 500 iC. 32,679,100 34,310,000 In 630,900 1,600 55,418,500 Inc. 4,401,900 219,668,000 231,241,100 Inc. 11,573,100 27,169,300 27,093,800 Dec. 75,500 The following shows the relation between the total reserve and the total liabilities :— Jan.10. | Jan.17. — Digerences, Specie....... $82,679,100 $34,310,000 Inc. $1,630,900 Legal tend’s 50,926,600 55,418,500 Inc. 4,491,900 Tot. reserve. $83,605,700 $89,728,500 Inc. $6,122,800 Circalation.. 27,169,300 27,093,800 Dec. 75.500 posits .... 219,668,600 231,241,100 Inc. 11,573,100 pahdeoiesnct( fiiese-Diacdntee Tot.liab’ties $246,837,300 $258,334,900 25 p.c.res’ve 61,709,325 64,583,725 Excess over ‘ 25p.C. res. 21,896,375 25,144,775 Inc, 3,248,400 STOCKS AND RAILWAY BONDS. Reference has already been made to the general features of the stock market and the causes whereby it was affected. An enormous business was done during the greater part of the week, with New York Central, Lake Shore, Northwest common, Union Pacific, Pacific Mail, Wabash and St. Paul as the leaders, There was more than Inc. 11,497,600 railroads show more swift recuperation than any ot the other industries of the country. Retrench- ing their outlay and suspending the building of additional miles of track, they have done precisely what a prudent merchant would have done under the circumstances, and have been rewarded with the . GRATIFYING RESULTS. It may be interesting to many of our readers to know that the whole railroad mileage of this coun- try 1s now 71,564 miles; of second track and sidings, 13,512, or @ grand total of single track of 85,076 miles. The number of companies in the United States is 850. Of locomotives there are 14,223; passenger, baggage and express cars, 18,725, and, freight cars 338,427. The total capital stock amounts to $2,072,251,954 or $28,956 per mile. The total funded ana floating debt is $1,999,741,597, and the total cost of railroads and equipments, $3,728,416,958, or about $52,099 per mile. During the year 1873, 4,190 miles of new road were built. The recent report of THE NEW YORK CENTRAL AND HUDSON RIVER COM- PANY for the year ending September 30, 1873, presents sume figures which are beimg used to cast doubts upon the truth of the statement that the net earnings had increased $2,350,624 over those for 1872, Thus it is said “that while the gross re- ceipts have increased $3,546,176, or about 1334 per cent, the gross passenger and freight mileage has increased 245,712,939, or Over 18 per cent. The lat- ter fact is hardly consistent with a reduced ‘wear and tear ot’ road and machinery, as is represented in the comparison of these items, viz. :— 1872. Cost of maintaining road, &c. 1872. Repairs to machinery The same items were-in— 1873, Maintaining road, &c.. 1873, Repairs to machinery.... 1873. Reduction in cost from 1872....... $1,717,132 —Against the immense increase noted above in amount of business.” The suggestion is also made that “the item in ‘New Construction’ of $2,364,747 might help to explain, and, if charged to the proper account, woufd have resulted in the report exhibiting @ slight decrease of net earnings, in- stead of an increase.” It is also stated “that as the banded aebt has in- creased (including $3,000,000 just issued) $14,229,513, the annual interest charge will hereafter be $735,408 greater than 1s charged in this report.” The question is also suggested whether “the com- pany have created a floating deot since the date of the report ?”’ because, it is stated, that “the $21,521 cash on hand September 30 could not have been made to pay the dividend of Ostober 15, amount- ing to $3,577,182, and in fact was only a trifle of $3,000 more thah enough to pay the part due and uncalled dividends,’ Ofcourse, there is an object in all these intimations, and it may be to induce ‘a large short interest at the present price, in view of an intended rapid advance in the near future, We simply repeat them without comment, FORBIGN COMMBRCE. * Areview of the import trade of New York for usual activity also in C., 0. and 1.0. The failure of Lake Shore to pay its dividend was a source of great disappointment, Hundreds counted on the assurance that the dividend would not be passed, as the keynote of a still higher market, but the effect was a shaking in the entire speculative fabric, and the reaction from the highest point of the week was from 1 to 4 per cent. Invest- ment securities during the week attracted. not @ little attention, aud the advance showed that both foreign and home investors are employing their surplus capital in this excellent direction. Our old railroaa bonds will always command ‘in- vestment, if for no other reason than that they represent the integrity and worth of the best and surest paying enterprises in the world, The tol- lowing table shows the extreme " FLUCTUATIONS FOR THE WEEK in the leading snares :— Highest, Lowest, N, Y. Central and H. R. stock...1043¢ 101 ++ e126 193 space OLY 4K $x ae 61% co 733 2 106 104% 4034 41% 13 72 35% 38% New Jersey Central ++ 100% 9956 Union Pacific. 3645 8335 C., C.and I. C. a B25 a annibal and St, Joseph. 84g Ee 4 Hannibal and St. Joseph pre: 4 aig 89 8634 9 7 17% 16 101 34 99: 183¢ 75: 1. 46 “ PRICES ONE YEAR APART, As a matter of interest to those who are fond of contrasting figures we present the following table, showing the price of stocks on the cor- responding days of 1873 and 1874:— N. Y. Con. and Hud Harlem. 124g tee 48% Lake Shore. 80% Wabash... 63% Northwestern 60 Northwestern pref. 2 Rock Island 10434 Ft, Wayne: Og Milwaukee and St. Paul . 48 Milwankee and St. Paul pref. 712 Ohio and Miss. 38% 100 ne 6 88 36 115 98 100% inion. 83% 1h Pacific Mail... + T0he 40% THE HIGHEST AND LOWEST PRICES SATURDAY. The following table shows the opening, highest and lowest prices of the day :— Opening. Highest, Lowest. N, Y, ©. and H. R. stock ¢..1033 1039 10234 Harlem. wooo 125 125 125 50 50 4834 83 83% 8054 54 64 635 61% 6056 60 + ge Ae. uP) |: pool Island. Fort Wayne. Milwaukee and St. Paul. Milwaukee and St. ag CLOSING PRICES—THREE 0’CLOCK P. M., SATURDAY. West Un Tel.... 75% & 76 Gnion Pacific.. 38% a uicksilver .... 28° a 31 Pittsburg. Ba ucksilver Di. 32 @ 35) Chi & NW. a @} dams Express 90 a 9) a Tai Welle Fargo Ex 05 n 7 a 10 Del, L & 100% @ 10) a WA Midge a 115s a¢ 4a Gen.102% a 102! ra $335 a 46) a 33 Wt a 2S a 3 Iga i a 4 a BUag a 81 Wheat Firm—Corn Dull—Oats Firmer— Pork Qulet—Lard Steadier—Coffee very Strong—Sugar Quiet—Spirits Turpen- tine Firmer—Petroleum Quict. Saturpay, Jan. 18—6 P. M. The mercantile situation remains very much the Same as it was a Week ago. A fair degree of ac- tivity has prevailed in most departments of trade during the week, but there have been considerable uctuations in values, and some important changes in prices of some of the leading commodities. The hardware trade nas ruled quiet, as alsothe dry goods trade, although there are increasing indica- tions of @ renewal of business at an early day. There have been some arrivals of out of town purchasers, who evidently believe better bargains can be made now than after the spring session shall have been fairly inaugurated. But in most business centres trade has been only fair. The export movement of Amer- ican produce has been rather moderate—but nevertheless the clearances of the weck show fairly in both wheat and corn—prices fluctuating somewhat, but showing no material change, except in corn, which was consider- ably higher at the close of the week than it was a week previously. The receipts of wheat during the week were tolerably heavy, remarkably so for this season of the year, when canal navigation is suspended. But the rail- roads are moving more grain this winter than ever be- fore, and the free receipts have at times interfered with the calculations ot sellers very materially. On Saturday the markets were generally quict but steady. On ‘Change business was rather slack, taken as a whole, though a tair degree of activity prevailed in most departments, Flour was dull at somewhat reduced rates as compared. with a week ago. Wheat was dull, but comparatively steady. Corn was quict, and sold at some concession from the extreme rates paid during the week. Oats were fairly active for speculation at full prices, Pro- visions were quiet and easy at some concession from prices current @ week ago. Freighta ruled quiet and steady. Pork wasquiet at about former prices. Lard ruled a shade firmer under moderate offerings. Cotton ‘was offered for sale freely, and further concessions were made in prices in order to effect sales, Coffee was gen- ‘rally heid for higher prices. Sugar was without ac- vity. Petroleum remained quiet, without essential change in prices, Corvex.—The steamer from Rio Is expected Monday with 9,000 bags, The market to-day has been considera- Diy excited. Numerous bids, showiag an advaiice, have deon refused. ‘There are but about 1600 bags ito and Santos in first hands in New York, most of which is of common and medium grade. the country amounts to but closes with ‘a st upward te No sales were Feported. Mild coffees Were strong. We note sales or 5 bags Ja per Farnsworth, on private terms. Bio, ordinary cargoes, Be, a Wie. ;"fair do., 26c. a 2c. ; wool do., 27¢. a 2734c.; prime do., 28¢. a 2c. ; extreme per Ib. 6 and 9 days? ‘The stock in first hands in 25,000 bags. The market ange for lots, 5c. # 244c., gold, credit, Java, governinent bags, a 82c.: do,. mats, 30c. a 3c.; Ceylon, 27c. a 28c.; Maracaibo, 26ic. a 27340, ; Laguayra, 27¢ .: Jamaica, igo. a'26c.; St. Domin Ze. a ¢.; Porto Rico, & 2%c.: Costa Rica, Mexican, 26c. a 27¢.; Angostura, 26c. ; Savanilla, 26ic. a 274c.; Curacoa 253¢c. a 2}c., gold, and 9 days’ credit. Corton, on the spot, ruled dull and 4c. per. Ib. lower. at a decline For tuture solve, the market closed weal of 1-16c. @ 3-32. We quote :— Uplands dahama. N. Orleans, Texas, Ordinary............. 13: 13% 13! Good ordinary, ui! 14 4! 14 Stricugood ordinary. 1s, 5g A615 16 Low middling. 158 6. 16 Middling... 16 165 16 167 Good middi 17 1 17 17 —The quotations are based on cotton in store running in quality not more than halt a grade above or below the grade quoted, The salessum up astollows — To-day, Last Fo'g. Total. Consumption. 239 208 47 Speculation . ood 250 Totals... 2 458 697 —Por future delivery (baais low middling) the sates have been as follows:—Last evening, after three o'clock— January, 300 at 16 17-820. ; February, 300 at 15 11-16c,. 200 at 15 28-830, : March, 800 at 16 9:82c., 500 at 16 5-16c.; April, june, a 7c. Total, ales. To-day, up to one P.M. January, 20 at 19%c5 100 at io Tse, 10a 16 98%c.. short notice : 200 at 15-320; 200 at 200 at 15 7-160., 100 at 15 short notice ;’ 100 at S320.; February, 800 at o5%0.. 3400 at 19° 21-3c.: March, 600 at 16 Siéc., 100 at 16\jc., 200 at 16 7-82c.. 1,000 at 16%4c., 100 at 16 9-82c., 1,80 at I6\e.; April, 900 at 00 at 16 23-32c,, 300 at 16}cc,, 100 at 16 23," ON) at BSE. May, 1000 at Tice. + July. 10) at Total, 13,000 bales.’ Grand tot 13,700 bales. es of yesterday's forward deliveries were anuary, 1558; February, 1575: March, May, 17.23; June, 17.72: duly, 177, Mat 5 21 dc Cy Vt March, 709 at 16 c.: June, 400 April 100 bri les. Ti ai bales. At 1630. ; at 175-82. Total, he receipts at the ports, as far as heard from, were :—Galveston, 4 May, 100 at 8 bales: Mobile, 2847; Savannah, 4043; Charleston, "2354; Wilmington, $6; Nortoli, aust ‘New York, 580; Boston; 174; Phuiadelphia, Foun, ao Gaax.—Reoelpts Flour, 14410 bbls. ; wheat, 94: els; eo) | o.; corn’ meal, 435 Duis and 30 bags: oais, 80.175 bushels. And for the week ending—Flour, 99,519 bbis. ; wheat, 679,660 bushels; corn, 189,850 do.; con meal, 2,980 bbis.’and 1813 bags; oats 151,845 bushels; barley, 1,590 do. ; rye, 1.650 do. The flour market was dull and Reavy and if some cases jower tor low grades of shipping. ‘The sales were confined to about 6,000 bbls. at the subjpined revised quotations. Rye flour ‘Was dull but unchanged. Buckwheat flour was moder- gely aruye, at $2 ae bys gh god a o> Toe ennsylvania Der . as quiet sales of but 500 bbls. We quote :— . 2 State. ¢ a 475 a $5 50. iB G8 75 a @00 70 a 75 60 a 650 660 a 700 70 a 850 660 a 700 TO a ta 75 a B50 6 a 7m 70 a 8w 500 a 850 850 a 1050 Nominal. Rye flour. 500 00 Southern, 450 a 550 Southern, superfine. 600 a 625 jouthern, extra. 70 a 850 Southern, tamily. 850 alla Corn meal, Western. 42% 9 460 Corn meal, Jersey..... 40 a 400 Corn Brandywine 430 50 Calorie. . 400 a 445 Punche 70 fo. b —Wheat was in limited request but with lighter receipts The market was steadier and the sales were at tull prices The sales comprised about: 120,000 bushels at $1 54a $1 62 for ungraded and No. 2 Chicago, $1 64 tor Mi! kee in store; also No. 2 Milwaukee, to arrive in 10 days. at $1 6434; car lots do., on the spot, at $1 623; No. 2 lowa, February delivery, at $1 61. and white Indiana, in store. at $175 Corn was dull, but prices were without decided change, closing at about 9ic. a 9c. in store and afloat, The sales were about 98,000 bushels at lo. a Misc. in store, 9c. a afloat for old mixed, Kec. a 8c. for new mixed. Oats were acti firmer, cl and » closing at bid for mixed, with sales of 30,000 bushels at 62. a 63c, for mrxed ; 680. a b4c. for white. Barley was firm but quiet; 10,000 bushels sold at $1 70 for four-rowed State $188 for Canada, delivered; 500 bushels Jersey and Pennsyl- Vania rye. on the track, were sold at $105. Peas with: gutactivity : were generally held at $1.10 for Canada, in bond, ‘and $i 25 10r do., duty paid, packages free. ‘Friiants,—Berth rates were generally steadier to-da under moderate offe of room and 4 fair demand. hit supply and fair thoagh not materially ohaaged request. pot iy ot rng , were frm and tending upward. The engagements. we: ook Dy steam, 16,000 bushels rain at 12d. bushels do. at 12'4d, ibs., and 7,! (a transfer) at ae Se ibs. ; 500 bales cotton at 13-32d. a {haa by sail, 40,000 bushels grain at lid. To London, by steam, 100 bbis. beef or 7s. To Bris- tol, by sail, 1,500 bbls, flour id . The cl rs were :— An Austrian bark, hence to Cork for orders and United om, with 4,800 quarters grain at 7s, 9d. Two barks (to arrive), one with 3,000 hy tage and the other 3800 quarters do., sane voyage, at Ss. British bark, hence to Marsetiles, with 27’ bbls, craae pe- troleum, on private terms. A German bark (relet), henc: to the Baltic, with 2,200 bbls. refined do. at 7s. 34., and a Britieh brie, ‘of 298 tons register, Rence to the Windward, on privave terms. Several other charters for petroleam Were pending but not closed during ’Change hours, Mouasses.—The market was firm bat quiet, without transactions apart irom small lots at former prices, We quote :—Cuba, centrifugal and mixed, l8c. a 19c. ; do., clayed, 20c. a Zic.; do., muscovado reffhing, 21c. a Be. : do. do., grocery, 260, a 35c.; Porto Rico, 280. Eng- lish Isiands, 26c. a_ 50c. ; 450, & G0c., all old crop. New crop, New 60c. a 7Bc. NavAaL Stonns.—Spirits turpen ned strong, with. 48e. asked for prime lots in unerchantable ord but towards the close the market weakened and offerit to soll at 46i¢c. were not taken. Salvs—25 bbis. at ® bbls. at 47c., 100 bbls. at 47c. for New York, 100 bbls. on private rive by sail at 45c., cost freight ana insurance. rosin continued quiet, bat abont steady, at $2 45 a $2 50, Sal Of 70 bbls. Food at $250. FI 0. Sales—lo0bbls. 0 62 ai bbls. pale at 8: is quiet but held firmly at $3 tor pl ingyon. Pitch dull but steady at $3 tor prime city, elivered. Pxtroukum.—The market for refined was quoted steady, today and moderately active, with sales reported of 1.600 "bbls, prompt delivery, at Lie. a cargo of 2,200 bis, (sold a day or, two since, but previously ‘re. orted) ut 183%c. and 3,00 bbls. high tost last evening wi rdinary test at and is7e. a léo., February... Case: an sc. & 140., : accord ng tf brand. Crude inactive s¢, for bbis. Phi ales of 10 a at 5%, hd for Dak ‘and dest at 7c. for wit to quanuty an and pteady, Naphtha in felphia th for Janu rk, 608 bbls. ; beef, 50 - “7 bis. pac! 1,604 do. ; 839 bbls. and tlerces ‘Kegs: and for the week—P k, 7,613 bbls. ; beet, Packages: cut meats, 17,561 do.’ lard. 9018 bis. at Uerces and 1,163 kegs. mess pork was ph bet tans Wetaptoels int ise Pe a . Tuary, in settlement, at $18 i he in Dressed hogs were firm Gikg..a Las. for city, Beek ate gay. with erate. were with; sales of 100 boxes short clear at tice. GO City long clea at 65ra toe eran ate wore 60 boxes bellice at Syerm lie,” Obie kod ul and 2 lbs. at Be. firmer, with sales of t at 9c. tierces: 4 eioes ior nnd't W tictees a bs ve Cheese was in t full prices. change in prices Tie calescosttiae"NS(eteas Susetiaa as from ners ‘Bike. per ib. and 1) bags Rangoon at 7c. ib. Sucar—The market for raw was dull, but nom- red unchanged, In the absence of Tennee. ‘Re: ned was nepleoted, and closed to some extent nominal at for and Lye. % W%e. interior to com- . a 1Ige.; good to 1c, a BM! 2 Mallia, digo. "a common to prime, 7c. a 8c. : grocery, fair to choic Mee a Bie. ‘Beadl Dutch ooo dard Nos. adie: Mond * gJava-Daten standard, Now, 10 to . a rior and extra superior, 7c. & JAttow ‘was in fur demand and. the. marke Sales of 160 bbls, *. prime at 7%c., and 75 tlerces and 1s, t Tac. for inferior, 1346, 7 13-160 » for fair to Pri Ibs, city at Seo uerately active and firm. Sales of 29.000 Wi ay part tutare delivery, and 50 tierces prime ecesend pe wEY.—Receipts to-day, 757 bbis., and for the week ».9.820 bbls. Market steady, but less aetive. ending toda Sales of 100 bis. at 995¢c., and 100 bbis. at 9e., cash. paBldilatd wy ide is FINANCIAL. nit T REASONABLE RATES—MONEY ON LIFE AWN Endowment Insurance Policies, Mortgayes and: other Securities. Insurance of all kinds effected with $1zp.000 ki best companies. J. J, HABRICH & CO., 117 Broadway. —HASKINS & BRAINE, BROKERS, 11 BROAD A. ireot—Stocks and Gold bousiit and sold for cash or on margin; Privileges negotiated on responsible ilrms, which can be used as cash margin, thus enabling any one with small capital to speculate with litte risk. Bx- planatory circulars mailed. A FUND OF $40,000, TO BUY GOOD SECOND MORT. gages on improved Real Estate; also Estate and other Moneys to loan on First Mortgage. EDMUND COFFIN, 77 Cedar street. —LAPSLEY & BAZLEY, BROKERS, 74 BROAD- ‘way.—Stock and Gold Privileges; also Double Priv- ileges in Siocks and Gold. All contracts signed by mem- bers of Stock Exchange or responsible parties. Stocks bought and sold against these contracts in place of mar- in, enabling persons of small means to speculate, with ut little risk. Explanatory circulars mailed to any ad- dress. A. them often pays Cn to $1,000; the only sate method of operating in Wall sireei, on timed capital Tally explained in 32 page Vamphlet iuailed free (any } eouted.on margins. ress; orders eNPSTENTINE TUMBRIDGE & CO., Bankers and Brokers, 39 Wall street, New ¥. LEXANDER FROTHINGHAM & COMPANY SECURE capital tor incorporated companies, merchants, manutacturers, mines. Our Register contains many names ones veriouy amounts for investinents. .EXANDbR FROTHINGHAM & COMPANY, 112 and 114 Broadway. PUTS AND CALLS; $10 TO $100 INVESTED IN (J heesinala SAVINGS BANK OF THE CITY OF NEW YORK. 1874—JANUARY INTEREST. The twenty-seventh sem!-annual Interest, at the rate of six per cent per annum on all sums of $5'and upwards, which have been on aeposit tor one or more months next previous to January 1, will be credited and paid on and atter Wednesday, January 21. All interest not called tor will remain as_ principal and “draw interest accordingly, and will be entered on the de- rent books at any time when presented after the 2lst of January, The bank isopen every ony for the reception and pay- ment of money trom 10'A. M. to3P. M., and on Mondays and Saturdays from 10 A. M. to7 P. M. Deposits made on or before January 20 will draw inter- est trom the Ist of January. s Bank books in German, French and English. Bank, No. 58 Bowery, southwest corner of Canal street. E. A. QUINTARD, President, Srymour A. Buncx, Secretary. XECUTOR’S FUNDS TO LOAN ON FIRST CLASS New York ce Eromerty Iso clients to buy Mort. Re ($50,000) for Brookly ply te TORMAN WHIT. ‘EY, Vounsellor-at-Law, Nassau street, roou 16. OR SALE— STRICTLY FIRST CLASS 7, 8 AND 10 PKR CEN’ City and County Bonds, Railroad Bonds, City Railroad Stocks, and other choice Stocks ana Bonds, paying 10 to 20 per Cent at low rates, UY 7 BERT H, NICOLAY & 00., No. 43 Pine street, New York. N. B.—Investment Securities our specialty 22 years, Po SALE—A SKAT IN THE NEW YORK STOCK Exchange. Address STOCK EXCHANGE SEAT, oftice. iH & FOOTE, - nkers, No. 12 Wall street. make dealings in Goy- ernment Bonds and Gold a specialty. Interest allowed on deposita Stocks bought on commission tor cash. we BANKERS, “HAVANA BONDS.”—SPAN- ish Bills bought and sold, information given and circulars sent on-application. Address B, ALENCE & CO., 79 Nassau street, room 6; box 4,251 New York Post office. ALWAYS HAVE MONEY TO LOAN ON GOOD Mortgages, without bonus. Principals desirin EITHER TO BORROW OR INVEST, on first class mort Heral gages or other securities, can be suited; confidentially if desired. H. WRANT, 53 Exchange place. NICKERBOCKER FIRE INSURANCE COMPANY of New York (established 1787), office 64 Wall stree New York, Jan. 8, 1874.—Ata meeting of the Board ot Directors, held this day. the usual semi-annual dividend oft five per cent was declared, also an extra dividend of five percent, both payable ‘on and after Sanuary 15, 1874. The transfer books will be closed from this date 15th inst. .. ar td JOBEPH L, TOWNSEND, Secretary. 1 hresemataep AND TRADERS’ SAVINGS INSTITUTION No. 283 Bowery, near Houston street street, Interest Notice.—A semi-annual dividend of 6 per cent per annum has been declared, and will be credited de- Posttors January 1, 1874, on all sums entitled thereto, for e six months and three months ending December 31, payable on and after January 19. Interest not withdrawn Wil be entitied to interest uaa deposit. Money deposited now will draw interest trom January 1, ONKLIN, President. + Henry C. Fismer, Secretary. ‘ONEY TO LOAN UPON CITY AND BROOKLYN Property also to buy Second Mortgages, In order to avoid delay applicants should bring abstract of title, WARREN 8. WILKEY & CO,, No, 5 Beekman street, rooms 18 and dg, FFICE OF THE Manufacturers’ and Builders’ Fire Insurance Company, 207"Broadway, corner Fulton street. Ni 4, 1874. ew YORK, The Board of Directors have this day declared the Usual semiannual dividend of five () per cent, payable u inst. : dna tuomiad J. JA¥ NESTELL, Secretary. Qrock | AND, GOLD PRIVILEGES.—ROBERT H GALLAHER, formerly President of Gallaher’s Even ing Stock Bxchange, No. 6 Wall street, negotiates. privi- leges on gold and stocks. He also ‘sells all kinds of Securities on commission. ADES’ SAVINGS BANK, WEST TWENTY-THIRD strech, near, Eighth avele. have declared thelr Usual dividend of seven (7) per cent, payable January 20. The business of this bank increased more than one-half; ual to the best institutions. Money deposited wn atany time; interest trom date of eno It, thus: saving accounts opened or trarisferred to this bank from loss of interest. Deposits before January 20 draw inter- est from January |, Accounts opened of any amount and drawn against by check wnen aesirea. tll 8 o'clock, P.M. ©. B, LxBAR Fuexse, Secrétary. ‘ANTED—ANY PART OF 25,000 SHARES OF THE Preferred Stock of the Hanmbal and St Joseph Railroad Comps . Please dress, stating price for same, whiten way be at seller's option, not longer than 18 days, box 5,422 New York Post office. $10.000-% —TO PURCHASE A FIRST MORTGAGE on Brooklyn or Westchester ; $25,000 to Woan on city property; $18, gages, SAWARD & to purchase Second Mort. LEAVITT, 54 Wall strect. TO LOAN—ON BOND AND MORT. $25.000 gage, first class city improved Peeper; term three years, in ‘ce of &. HAY. EN AT Willlam street 3), 000. or Sacog EEE: 1% BROADWAY, . + has $30,000 for Second Mortgages on city vacant Lots; also money to loan in New York, Brooklyn and Westchester county. $52. 50 TRUST FUNDS TO LOAN ON BOND 1) dad 0! and mort on New York city im- pas Property, in sums ot $5,000 and upwards; private buys ani jank ny ON, President. 1 ellings preferred : one per cent com: on and attor- ney’s fees for searching title. Fre eee GALLENDER & LAURENCE, 80 Pine stroet, (\()\() 70 LOAN—ON BOND AND MORT- $54,000. tee egies iecrend pr Por J.B, LBAYORA ‘007 Sixth avenu 2 TO LOAN—ON REAL BSTATE 1 $75.000 it, city, in sums of $5,000 and ipwarda for a term of yeara “without bonus,” JOHN F, CONKBY, 162 Broadway, room 9. $100 000 TRUST FUNDS TO LOAN, ON $100,000. sen een aaa ‘ ad, ‘Becon pores PAUL P. TODD, 66 Liberty streets” TO LOAN—ON BROWN STONE Houses and stores; Second Mortgages RICHARD V. HARNETT. ml Broadway, room F, basement. TO INVEST ON MORTGAGE, IN VA. $200,000 Raa a Sager we oie kth insatanee Ocmpeny 106 Besstw LARCENY FROM THE PERSON, John R. Payson, twenty-one years of age, a 500 bbls., March, at axe, a Be, for Western ak plumber by occupation, was arrestea at a late hour on Saturday night on complaint of Wil- liam Ryan, who Rah bo the prisoner with hayv- ing stolen $30 from him, The two men were in @ liquor store in Pad ‘treet, Brooklyn, where they had been drinking together. leaving the place Payson borrowed $3 from bis companion and subsequently, as alleged, thrust his hand into the pocket of his friend and abstracted therefrom the amount named abdve. Payson is locked up to await examination before Justice Waish to-day. SEVERELY INJURED IN BROOKLYN. Michael Montgomery, of No. 98 Imlay street, and W. Tooner, of No. 106 Atlantic street, were severely injured on Saturday afternoon while working at ApRohingon’s stores, Commercial what ‘They were ¢! in a recipi ‘the men tothe fock. They were bedi vad and Wwerpremoved ‘It privciiloemins SOUTH AMERICA. Peruvian Citizen Anxiety Concersing the Relations of the United States te Cuba—Report of a Declaration of Was Against Spain—Popular Roejoicing, with Symptoms of Sal tial War Against the Bank Proprie- tary—Questions ef Home Policy ang Foreign Diplomacy. aaah Ln, Awaiting with the utmost eagerness the news from the United States regarding the attitude that might be assumed towards Spain by the Cabinet at Washington, the people of Peru were sorely disappointed when, on the 17th inst, it was announced that some person had cut the telegraph wires Dbetweem Lima and Paytg. Had the offending individual ‘been within reach one of the telegraph poles would probably have been burdened with his body, But 4ll things have an end, On the afternoon of the 19th of this month arrived the steamer Lima from Panama, conveying the intelligence that the United States had declared war against Spain, an@ that a powerful squadron under the Stars and Stripes was, on the Ist inst., within sight of Santh ago de Cuba, steaming rapidly towards that scene ofthe late dreadful massacre and murder. The despatch was immediately wired up trom Callao to His Excellency President Pardo, and this func tionary—a thorough American at heart, letjhis other peccadilloes be what they may—lost no time in con- gratulating the Cuban representative here on the hopeful prospect of the colonial horizon. Doubters there always are—the telegram trom Jamaica to Colon was somewhat contradictory; an ultimatum was spoken of and it was stated that Castelar had given up Ouba to her fate, from the reckless in- subordination and disobedience manifested by the bloodthirsty volunteers. We will know the truth by the steamer due here on the 23d of the presen moath, CUBAN SENTIMENT. On the receipt of the first welcome despatch the numerous Cutan residents of Lima—a class of men who, in a sincularly short time, have gained popa- pa. and standing in Peru—might have been seen atallthe promment lounging places of the city, wila with excitement and loud in their protesta- tions of gratitude to the government the “Great Republic.” It was noticed, how- ever, by those who took the trouble te investigate the intimate convictions of the Cubans, that there existed a certain dread regarding the ulumate action of the United States. Was the question of annexation a sine qua non? was univer- sally demanded. Unable to fathom the policy of the American Department of State the interrog- atory was not to be readily solved. SOUTH AMERICAN POLICY. The peculiar phase of the imbroglio with respect to these republics of the west coast now arises, qhey. it 18 true, have signed no armistice with Spain; on the contrary, when the new state of ailairs was declared in that most remarkable re- public, Peru, Chiit and Bolivia anxiously awaited the steps that might be taken by the government at Madrid towards an elucidation of the intricacies: of the situation, Nothing was done; the same state quo remains in force, and it is doubtful i! the allied Pacific Republics can prove to be of advantage to their struggling sister of the Antilies. Their co- Operation, at all times weak, May not now be re- quired; but it may be trathiully asserted that the government of Peru is ready to aid the patriots of -Cuba, aS far as the circumscribed means at ite ower may permit its action. fos announcing the final stand taken by the ited States wii Dt arrive until several hours alter the departure of tuis despatch. To say that our anxiety is at boiling point would not be under- rating the tact. A FORCED LOAN. On the 18th instant a decree was published by the Executive, which calls for the first lorced loan ever exacted directly by & legal government of Peru. By this instrument all banks issuing notes are obliged to invest seventy per cent of their paid- up capital in the treasury bonds of the republic, these bonds to be given at ninety-two per cent, with eight per cent interest, and re- deemable at two years from issue. The re- maining thirty per cent of paid up capital ig to pe held in reserve by the banks in coin or bullion, and any bank not conforming to this de- cree will be regarded as out of the market by the government, and its notes will not be received im payment of any dues by the national treasuries. No law governing banking institutions exists in Peru. The perfect good faith that has marked the proceedings of the powerful banks established in the capital and in the provinces, and the intimate knowledge possessed by the holders of the obiigations issued by the banks as to the solvency and power of these great contributors to the public welfare, have to the present proved to be sufficient to thoroughly guarantee their pros- perity, Now the government, in order to sell its bonds otherwise not disposable, threatens the banks that if tuey do not purchase this paper their notes will be held as worthless, The banks view this unexpected measure with distrust and dis- taste. A confiet is imminent, BOLIVIA. As has been already mentioned in previous com- munications, the situation of Bolivia remains un- changed. An effort was made to bring forward General Quevedo, a prominent member of the op- sition part: @ Candidate for the Portfoilo of ‘ar, but, owing to the fears of the President’s ad- visers, the plan failed. The extraordinary Con- gress, shortly since dissolved in Sucre, did all that ‘Was possible to relieve the nation from-some of its financial embarrassments. The budget was re- duced, to the detriment of the ee eres additional contributions were ordered on the ex- portation of minerals from the coast and of live stock from the interior; the smnall standing army ‘was economtcally distributed throughout the coun- try, thereby preventing collusion and conspiracies, and last, but by no means least, the health of Colo- nel Ballivian, the President, was improving rapidly. riect peace prevailed. . CENTRAL AMERICA. The telegram frous The Filibuster Steamer General Sher- man Awaiting Conveyance to the United States—Considerations of Law Previous To and After Condemnation— Local Politics and the Legislative P Cte Gece PaNaMA, Jan. 9, 1874. ‘The United States ship Wyoming is at Aspinwall, but will leave for Key West inafew days. She only awaits the completion of a few repairs to be made on the filibuster steamer General Sherman, which is ordered to the United States. It will be remembered that the General Sherman was taken by Commander Cushing, United States Navy, for coming into Aspinwall harbor flying the cent flag, alter committing depredations on the of Guatemala and Honduras, while the only legal papers she had on board were her American regis ter and ner clearance from Aspinwall. QUESTIONS FOR INTERNATIONAL ADJUDICATION. The. Isthmus authorities took possession of he® papers at the time of her seizure by the Wyoming, and they now refuse to deliver them, asserting hat American man-of-war had no righf to seize her in Colombian waters, that the question should be adjudicated here, and the vessel, if condemned, be declared to belong to Colombia. Notwithstand- ing the non-delivery of the papers, the Shermam will leave for New York, and the other matters will be of easy settlement diplomatically. At the time she was seized the Colombian governmens was entirely Helpless “ashen, in tl city haa hardly ceased—and could not ‘have stepped the Sherman had she wished to put to sea. PARLIAMENTARY AFFAIRS AND GENERAL POLITICS. Congress is about to meet in but no measures Of importance have been mentioned as likely to be brought forward, It is probavie that a roposition will be made to form the Isthmus of Panama into @ national territory, but it is not lkely that the project will become a law of the land. Politics are at @ discount at present, and after all the turmoil of last year the new one opens with every prospect of 1ts being & quiet one. the chief town in the province of Darien, Yai whascete derived almost the whole of the india rubber produced on the a entirely de- Fee te on ery Damage waa doue to ‘in work 0} ince: Ns amount variously estimated at from $50,000 to $100, no news of importance. to be, thickening, more sanguine e other i ban ne UNITED rates NAVAL FLAG, United States ship Omaha jnseragsions have been received to for sea, sca * qHE OARE-HOPPER ELECTION OONTEST, ‘The investigation of the alleged frands by which Adam Carr contends that John Hopper was