The New York Herald Newspaper, March 6, 1874, Page 8

8 FINANCIAL AND COMMERCLL Instructive Suggestions for Congres- sional Application. LET US DO SOMETHING. The Plain Issue as Between the People and Their Representatives. CURRENT RESULTS. Watt Srresr, THURSDAY, March 5—6 P. M. ‘There was nothing on the street to-day to invite @pecuiation. The official record of sales shows some changes, but they were not of suMcient im- portance to absract attention. THE ISSUE JOINED vetween the street and Mr. Richardson, as to whether the bonded debt of the United States has deen increased contrary to law, is beginning to excite attention. We have given the complete Sigures, but there aye men whose prejudices are even stronger than their mathematical instincts. For these we have only toleration. Either Mr. Richardson has increased the bonded debt of this country or he has published a fraudulent public dent statement, The HexaLp makes no charge of dishonesty against Mr. Richardson, On the contrary, TY KELISVES THE PRESENT INCUMBENT of the Treasury Department from any responsi- DiNty, on the ground that the supervision 1s greater than bis intelligence is able to cover. But we want an intelligence that can comprehend something beyond Massachusetts. Senator Morton had a pediment of truth in what he said the other day. But this Rocky Mountain statesmanship needs warbing, precisely as our forward bullionists who would force us into liquidation require a check, ‘The iast public debt stitement shows an increase fm the public debt, It is not explained by ‘called ‘Donds,” and the last call expired February 1, hav- tg been issued November 1. Besides, the item of “called bonds,” taken from the account of “debs ‘wpon which interest has ceased since maturity,” shows a very small amount outstanding. Now, let us get down toa practical basis, No one doubts Mr. Richardson's honesty. It is the one quality anasto has kept him there. But what @o we know of the men below Rim He, good, easy man, may be @eceived, but why should we be? Within the last ‘ten years we have witnessed a wave 0! corruption Sweep over us that has made a victim of nearly every banking house im the country. Defatcations, embezziements and distrust have multiplied untit ‘we did not know where we stood. This is ended. We have gone into liquidation in these matters as ‘We have in respect to others, In the meantime we want to call public atrention to the fact that the last cali for bonds, comprising $5,000,000, was made November land expired February 1, and ‘That consequently there are no bonds outstanding Row upon which interest is due after the same Were called. This settles the correctness of the point made here, that the statement of the public @ebt as given to the public shows an increase in She bonded debt contrary to law. THE LOCAL SITUATION ‘Was wholly without fresh interest. Money closed @asy at 5 a 4 per cent. Foreign exchange was quiet ‘this aiternoon at rates previously quoted. The customs receipts to-day were $256,000. Gold @osed at 111%, alter selling at 111%; and 112. The fates paid for carrying ranged from 3% per cent to flat. The Assistant Treasurer paid ont to-day $172,000 on account of interest and $9,000 in re- @emption of five-twenty bonds, IN THE STOCK MARKET The principal interest centred in the reported lease of three O.’s and 1. by the Atlantic and Great ‘Western. It was something like the oid scriptural tmage of the blind jeading the blind, and ft did not fake. Outside of that there was universal dulness. ‘The record of the market will be best learned from the tables given below. THE EXTREMES. ‘The following were the highest and lowest prices Of stocks during the day: Highest, Lowest, K. ¥. ©. and Hudson consolidated. 10375 103% engeeen + 196 73% ° 108% luo 47% 73% tlantic and Pacific Telegrapy 4 jortkwestern... 336 6 jorthwestern prelerre Waikee and St. Paul Obio am “Mississippi os Union Facific.. GOVERNMENT BONDS WERE FIRM, closing # the following prices:—United States Currency ixes, 11614 8 116; do. sixes, 1881, regis- | tered, 118% 8 119; do. do. do., coupon, 119% a | 119% 5 do. five-twenties, 1862, registerea, 11614 a U7; do. «., do., coupon, 110% @ 117%; do. | do., 1964, registered, 118%; do. do., do., con- pon, 118K 4119; do, do., 1865, registered, 114% @ 1194; do. (o., do., coupon, 119% a 120%; do. do., 1865, new, reristered, 118% @ 11814; do. do., do., coupon, 118% 4 11834; do. do., 1867, registered, 11834 B 149; do. to., do. coupon, 119 & 119%; do. @o., 1868, regstered, 118% a 118%; do. do, do. coupon, 118% a 119; do. ten-forties, registered, 112% @ 118%; do, ao., coupon, 112% @ 113; do. fives, 1881, registered, 114 \a 114%; do. do., do,, coupon, 114% a 114%; Central Pacitic gold bonds, 04%, a 95; Western Pacific gold bonds, 87% @ 87. RAILWAY MORTGAGES. ‘The following were the bids for railway mort- gages yesterday :— Rew York Oen 64 '83.. 95 Dew York Ven 6'5,'87.. 95 w York Cen 6's, re. 91 ww York Cen o's, 9 i) On 04 ot 97 9 Be i I ist “ + 96% #s, Ist m, PD.W6% + 9655 lst, 73-1), PD &5 a1 ee gold, RD £98 Pst, & MD. 8) P stm, Hd & D 79 lst ma) + Bos, H & E lst m Cedar ¥ & Ming Ist m. 7 SOUTHERN SECURITIZG. | ‘The following were the bids for Southern securi* j tes on the regular call :— fenzeme 6's old... e 6's, Dew. 6's, new, x Missouri 6s, 92) Missouri 6's Asy or Uni we Atkis, LR PBANO. 16 Ark 7s, Mia, OA RB. 15 Ark 7's, Ark Cen BR... 15 OUB BAXK STOCK ‘The following were the bids for city bank shares 2 g ‘a 8 S > 3 3 2 Ssrscea85Ss8 Gold Exchange Bankers & Brokers A.. 108, +1 HOF GOrMaMsa 5. s4y50 [ to $111 95, NEW YORK HERALD, FRIDAY, MARCH 6, 1874.-TRIPLE THE GOVERNMENT SALE OF GOLD drew out bids aggregating $4,191,500 from $111 35 WHAT DOES THIS MEAN? A despatch was received on the street yesterday to this effect: “Secretary Richardson : directed the disbursing ofiicers of the Treasury 10 | has 80 @rrange the disbursements as to prevent, if possible, any change tn the amount of legal ten- ders DoW outstanding.” FORRIGN ADVICES say the rate of discount in the open market for three months bills is % per cent, which is % per cent below the Bank of England rate. The bullion in the Bank of Engiand has increased £383,000 dur. mg the past week. The proportion of the bank Teserve to Itabilities, which was last week 49 per cent, is now 47% percent, The amount of bullion Railway sbares, 42, issue Of 1862, 50 shs Ati & Pac Ted.. N00 West Un Tel, ry Sue cuceEs : PEEECER on 100 ian & otJo HK... $4000 US 6's, c, 81... 40.0 Us 5-20, 7 “65, m.. 1500 US ir20, ¢, '05, 0. 100 do. smn BU | 1000 Tenn 6's, a, x | 1000 West Pac bds.... 2000 Ln Pac RR ist m 100) Un Pac7’s.i ¢bds 1000 Un Pac 10%, 4000 Alt &TH2dim pi gow CC &i © Ist. | 1800 do. } 1000 C, C, € | 200 &NWecg 1000 BO. se | 3 8 onzzz woes 4 5 SEEez | SESE 3 | 30 4 b gone into bank on balance to-day 18 £90,000, Erie PRANEFORT, March 5, 1874, United States five-twenty bonds, 93% for the PRES EE Six, Ke a sata kets d 78 10115 and 11:30 A. hg nt dis ne 107! SALES AT THE NEW YORK STOCK EXCHANGE, Tnursday, March 5—10 Betore M., i. 900 shs Chi 4 NW RR.. se 54 jg 53! 83: es bs Ss Es jos 4 104 48: at bls M. $1100 US 20000 Ue 8 £20, 0, "67.04 119 's, Li40, M3 . First Board—10:30 A. M. | $1000 Tenn 6's, od..b¢ 90 1800 shs Mrie RR....960 44% be 130 yo harlem RE. 200 do... R st SRR.be.b3 Am Exp) noo NY Ca B00 0. a 313% 6 do « |x ~ 1% 1OOMUANPRE Die Te | ie. lhe ua 80 06 | a0 be a3 7 14 | io, . | enercustersezay 1200 Go. Ou Pac M 5: eu) do 0 do. CHW NY. & 100 | 0 40 Erie B 1700 » 700, 100 7a | 00 go. | wo Cn 0 de 3 5000 NY Sb1, r..... o aid bids. RR eh m J00 Un Pac,7s, iv be 9000 Morris & Es 1st m. Cy JO sees reece cee 3,00 Mich South 24 m. 100.sbs Quick M pi.be rf be ar} ry 4000 Lid do. bs 100 Pac M #8 Co.....be 1490 W0ee ee ec evee MON YCK& HR ERDE 9 do 1100 do. 10 Erie KR. 200 do... do. do $17000 Tenn 6's, ns, 3000 Cley & P 3d in WO C &NW oc gd bds 100) L Shore conc bds 10 shs Uarlern RR bt 200 West Un Tei...... WO. s+00e 107 943g Boy 51y 107 106 10 38 6! 12:30 P. M.—Sefore Call. 74% 10) shs 0 7482 500 4 700 ChiaNW RR.DS 54: do. ne 2:15 P. mM. $5000 US 5-20, ¢, "2000 US 10-40, 900) US 5e, c, 53) 8s — WO WO. eereee 4) Ohio & Mise RR Db WC, CaAIORR....be 300 At & Pac BR pi.bc 2130 to 3 P. M. 200 shs Chi & NW RR ww do. 0 a 62 os 7H a 5 © & 625 a 675 Extra Minnesota. a 850 Round hoop Ohio, shipping 35 8 700 | | ound hoop Ohio, trade brands... oa 70 | Famil 3 a 800 3 8 70 700 a 80) 30 3 8m Lo 88) aly 9 California........+ Nominal, Rye flour, fine to supertine. 40) a 375 Southern, No. 2 400 8 50 | Southern,supertine..-.- 685 8 6% Southern, extra 67 a Bw $60 a 1125 300 a 425 375 a 400 40 @ 450 4% +o gies 7 Wf ob. —Wheat w. are ind in. le. ice, The sales were about 100,000 bu: 45a $1 4733 Jor No. Sspring, $1 49a $L 51 for No. $ fl 5 age, at $6 25; a * | Norwegian bark, irom Philadelphia to Cork, tor orders | s | to Unit Kingdom or Continent, 2,000 bbls. ot refined S| petroleum at 7x. sa. a German vark. of 430 tons, irom St. | foun, N. B., to dh st coust of E: £5 105, Mor been @ moderate Jobol HAS. NESS «| steady at abc. a 20g. 4, amd prices exbibited bo change, 3 6 Tol 4 W RR, 500 Chi & & bs Wm 20 do.. wo a0. Hh 90 do. do 105 8 4 as 44%q 10) do. 3 4i4 60 UM & Wise RL te S00, CELORK,..... . Law. Pacific Mail... 4 New York Cen. 10" Erie.. . +. y Paci COMMERCIAL REPORT. Cotton Firmer—Flour Steady—Wheat Higher—Corm Firmer—Oats Firm—Pork and Lard Higher—Groceries Firm— Lake Union Freights Steady—Petroleum Easicr— Naval Stores Unehanged—Whiskey Easier. TuuRSDaY, March 5—6 P. M. The merchandise movement continued moder- ate, but there was in some cases decidediy more speculative feeling, At the Produce Exchange speculation was confined to pork and lard, but these were decidedly more active and at higher prices, Flour was steady, with a moderate in- quiry. Wheat was wanted, and, being scarce, brought better prices, though the transactions were moderate. Corn was firmer, but not es- pectaily active, Oats were firm, Whiskey was | easy. Freights were strong. Cotton met with a better demand. both for spot ard future, and the market wasfirmer. The general market for groceries ruled quiet, but there was no essential change in values. Pe- | troleum was easier and in moderate demand. Naval | stores were quiet and about steady in value. Cotron on the spot was decidedly firmer, with an in- creased demand and decreased offerings, and holders | could readily have obtained the advance indicated in | the qnotattons affixed, but demanded higher prices for | all scaties ‘save ordinary, which was aa “offered with: | out buyers Fucure deliveries were more active and higher, the market clonng, however, with a downward tendency at an advance of ie. a3-16e. We quote :— pene Unless Aintame. New Orleans. cra na i 2 2: Good oral BRO 18 ris if i bag t GM 15-16 ms 16 i ies 1653 Good middiing. V7 17}, 17% 17% Sei quotations are Dased on cotton in store runnins (4 quality not more than half a grade above or below the grade qu sales wel To-pay, Last Eveni Total, ta" a G6 | 73 m7 | 7 16 98 Dales at 15 $320, 100 at May, 10) at 16 1-330., 800, at Total, 2,300 bales Today ay &16c.. ite + at BSc. 60 at 400 “at 16%c., 100 at 16 ‘16c., 1,200 0-52: Goat ioKe- ea £10 9-160 S00 at 141 Bens 14'0 at Ihe at 17}c. ‘idd bale’ Kates on cotto Se lollows:—To Havre, by steam, 13¢c.; by sail Hamburg, by b; c.. at sail, 4. To Live nt fe "eects ae jows:—Galveston, 1.180 bales; Mob, Serrolk 27a: New Yorke Leste eaten: Lae mn, 67; Nortol b, oO ;, Boston 2 Ph adelphia, 135. Mota ile his day ‘ast week, Lhd: ‘this day last year. 10,4/1. | Strom 74sec. @ 7c. e | easier. | S0 bbls. of alcohol at $1 8) and | $1 BLY. | | Great Britain, 1,050; to ihe GL Sales, 8 Stock, 96,046, Lats, |g) tunique ac Tie. ‘26 boxes of centrifay, Was not materiality chan: tair refining at 7%c., 220 hhds. ‘ot Mar- 40 boxes of molasses sugar at at ate inquiry reported. Messrs, Wait, Creighton & Morri- | co and 8 50\4c. tor 100 Ibs in value and only # moder- son, In their circular of this date, sum up as follows :— Mhds, Lowes. | Stock (ascertained by actual ct specula- “bunt sc ieee ts is, | ee. Porto andard, Nos. 8 to 12, | ard, Noa’l0 to 12, 7%e. tra superior, 0c. a 7390. Kicx.—Jobbuy uerces of Carol My 5 | moderate. A rime Bt 9350. cs i LLOW was steady and 04 Witskey.—Keceipts, Cotton heavy midaling, 1530. Ni 3,700; stock, 307,652. Cotton firm; bare of co’ low muddiing, ceipts, 342, B: Stock, 57,976, Cotton firm; middling, OL 74,403, Cotton active: MK. good ordinary, ports constwise, 73k Stock, middlin; at $1 W tor strained. Flour steady; sales 1,400 75 for double extra. el ro $167 a $153. Corn elut Oa! Dominally at $2 05. %.” for unbolted per cwt. ; shipatui 2 York, 50c.; to the last red winter, old held at 74c. a 75c. | at 530. Bariey weaker; Canada, 190. “Rye nominal at $105, Barl $190 a $2 05; Western, $1 0a $2, $1 Ba Canada, unchanged. amber Michigan; March, $143. Corn steady at 5c. corn. Shipments—4,000 jull and unchang $1 21% tor No. at from $3 50 to $¢ 20 for Western and $4 we We quote*— 40 for Brandy: 35.00 » .4 s Be 4 Chicago, 5 for ungraded, $1 53 tor No. 3 Milwaukee, $1 56 a $1 60 tor choice ungraded.and No. 1 Milwaukee, £1 56 tor white it 6735 8 8 tor white winter. Corn was in fair de: nd and firmer, We note sales of about 10,000 bushels, at 73e. a #c. for damp to choice dry.new mixed Western, 80c. a Ble. for Western yellow, s7c. asked and 8c. bid ior prime old Western mixed, in store. Oats were strong and closed tirm. The sales foot up about 49,000 Including all kinds, at 61%c. for Western mixed, blc. a 63c. for do., afloat; 62jsc. a bic. tor white c. for stained white Ohio and 63c. for 10,000 bushels of estern mixed, deliverable last half of March. Barley was stea 16,500 bushels, including 5,< t $1 UT's, and 10,000 do.'of California at $2 State heid at previous prices. ye quiet, and held at from ec. a $1 tor State and Jersey. Freicuts.—We have very little business to report to- | day in the line of berth treights, but rates generally were steady ior all commo ities, In the chartering line but ver- Wied 1800 at 2s. '9d. | yaa The cha: ters embrace :—An Italian bark, hence to Cork tor o ders, 2,60) quarters grain at 28° 6d.. stort lay days; a British bark, hence to Alicante, 200) bbia. of rei.ned troleum, at 7s: an Italian bark, hence to Gibraltar tor | orders to the Mediterranean, 15,00) cases at 323¢e., h privilege of the Adriatic at 37 sgc., a Swedish bark, hence w a port in the Swedish Baitic, with bbls. of crude etroleum on private terms; an Americau bark, 387 tons, Caibarien and back, at $6 and port charg American schooner, 283 tons, same vo; a fair busitiess was reported, with rates ruling easy gbite engagements were :—10 Li not quotably lower. by ‘steam, bushels of grain 45n, ands, by” sails 200 10 London, sail, 4,00) bbis, of | Lass j in domestic at prices within the range of our quotations, Of foreign we heard of sales of 20 uhds. of Cientuexos at Sue. a Hac. ‘The stock thiv date comprises. 1195 hhds. of Cuba, 274 bhas, of Porto Rico, 150 hnds. of Engiish Isiands . ot New Orleans, We quote Old erop— | lew crop—Cuba centri? and mixed, 2c. 0. clayed, Se, a 830-5 dor tueces vado refining, Sic. a 3c. : do. do. grocery, Hico, Sue. a New Orleans, 6c. 4 750. Navat Stores —For spirits of turpentine the market | Fuled steady, but there was little disposition manitusted | | to operate; ‘merchantable order quoted at 47%. We | Mote sales of 65 bis, inst evening at 4735c., and today 100 | bois. at 473,¢, and 100 bis, buyer’ option Marely at 49e,” The warket jor rosim was quiet but steady: strained | | quoted at $240 a $245, with sales of 1,0” bols at those prices; the finer grades were neglected and quod nominally as etore. Tur and piten were not dealt it to ny appreciable extent, and were quoted imally at | late published ngures. barat renin recor ¢ Prtno.kum,—The market for refined exhibited a trifle more lite to-day, yet there was but little business eon summated. We note sales of 2.0) bbis. refined, spot. at 15e., and 5,00) bola do. tor balance of month at. 15% Crude in bulk was again easier, with ales reported of 4.000 bbis., spot, at 6%o.; quoted at the close at Bice and in sipping of c. ile. Cases were nominally aphtha remained steady at sige., | | with sales of 1.600 bis at that price. At Phiiadelphis | | there was litile doing, and refined was quoted, at | laige. spot, Me. for sist nait of month and Wigc. for Last | halt of March; a sale of 5,000 bbis. wus reported tor lust hal! of March at ldige, She markets at the vil producing 4 points were generally dull and weak: quoted 4 f ows Oil City, $1.50 @ Slsithe ; Rouseville, $140; Pe jeum Centre, WH @ $l 9; ‘ideout, $i 75; Parker’: $1 75, all lines. Later we heard of sales in New York of 1,000 ‘bbls. of crude at 62%c., spot, and 2,00 bbls. of re- fined, each month. May ani June, at 16%4¢ KOVISIONS.—Recelpis—Pork, 12 bbls ; beef. 68 pac ages; cut meats, 2170 do.; lard, 1.479 bls. and tlerces The market for inest pork wad moderaicly. aetive and better prices were reahzed for all deliveries. the market | Closing strong at the improvewent. The sales toot up | about 3500 bbis of new mess at $15 95 a $16 (or March, | $15 90 tor April and $16 ior May: i25 bbls. of old moss were placed at $1475. Macon was firm ana in tair re quest. We heard of sales of 100 boxes ot city jong clear At #540. ; Western do. quoted at Bic. a 8c. ; 200 boxes of | Western long ciear on private terms; 1,200 boxes of short clear on private terms, qaoted at, 8940, : 260 boxes of short | rib at Blige. and 350 boxes of Cumberland ent at 8igc. | Beef—Trade has been slow and confined to jobbing par: | cola. P jows:--$10 50°8 11 50 (or | jer at = | plain mess, bbls. 60's $13 tor extra do., bbis; $21 a | 2 tor prime mess, tlerces, and $2 a $26 for india do., | | terees. Beef hams—ihe murket cont quiet, Dut | | pres were not quotably changed. lots were placed at prices within the range $23 for South- | ern, and $24 a $25 tor Western. Cut meats were stead | In'vaine, but the demand was confined principally. 1 jobbiog iota We heard of sales of of fresh. hains, Jé (bs. average, at 97,c.: u picaled do. at l0c., 10 do. stioukders on private terms, ickied bel- lies, 9 luX average, at lic, do., 10 iba. €., anid 240) stoked hams, . Latd—The market for Western was stro! drmer‘at the opening, holders demanding an ade v subsequently, in order to re rd. | prices were accepted. The sales inch March at 9%c., fierces for di April delivery, 1,000 therces, at 934 jor on private terms: for 99 16e ; 3,000 therees for May at 9%c. “City met with a betier d theestentot 28) dertes of Prime ston at Sue, a Ween 600 tlerces of No.) at Se. hogs were & le firmer. with city qu at Tee. aw Veo BOA \n0 ‘a (340. for the range and SvGan.—The inquiry for raw sugar continued moderate We Reward of sules of, ot $5 "Ween eigen 7ic0.5 toolad 6c. a ic. & a melado, a Clnyed hones Dutch standard, Nos} 10% 6c. a 730.1 | do., 1U to 12, 7490. @ Bye. 5 di 5 don, 18 to 18 Sige. a Mae. ; da, 19'to ico, refining, common i grocery, tair to choice, 774c. a Bec. P 3H lots ‘were ‘at from Market qui t was steady and the demand 80 tlerces off In grade at 940. and 42,00 Ibs. Sales 400 Dbis, all at 6c. receipts, 1.130 Cotton firm, good demand; middling, 15 cepts 1.768 bales: gross, 2246; sales, 29005 1446. ; Kod. ‘ordinary ixports, coastwise, Exports—Yo the Continent, Ie. Bal 75 tor amber winter, $9 25 tor white winiei a Siness quiet; No, | Milwauk all; s—O3e. tor State on track. Corn 1 Uw $1 65; } Corn dull; sales of1,200 bushels new, on the track, at 70:. T Flour dull and unchanged. Wheat dul! at 2 46 for April, 664gc. ; June, 69c.: “new, Outs quiet and unchanged at 46%. fo: sold at $5 20, Receipts—5,000 bushels wheat and 10,00) do, bushels Wheat and 8,W)) do, corn. bags. Meiado. IST. 15 7B aD Taare 4 arty 1 si8 ‘SRT Sawa 68 to “ 30,907 wo 10,851 19,802 1,308 | of v2. TE NY 14,436 21,456 129,290 420 |. COMERS etn ane mere se4ll 378374 8,820 ba—Refining, inferior, to common, lair tog fair, 73a ; + Tae. 3 a Tic.; grocery fair to me we choite, Bic. BC. 4 3, Be. @ Be. ; MO- 0., 13 to 1S, b'gc. 0 8) DW, 9c. & lige. 5 Wi Dec, @ prime, (%c. a Brazil—Duich . Juva—Duten stand- Manila—Superior and ex- laced to the amount of 30 gc. a Sige. and 125 yf gf aulet bat steady. Paes a Ne. 35 th (grease steurine at oe. sold to the extent of 125,000 lbs, bbls, The market w: shade’ Bs We also note sales of 100 bbs. af do. a¢ $1 81 & DOMESTIO MARKETS, Gatveston, March 5, 1874. xports—To e Continent, 3,093; coastwise, New Orteawa, March ners, ec. et re~ last evening. Momitx, March 5, 1974 eC her; middling, ge, re 1,219. “Sales, 1,000, Sayanxam, Maroh 5, 1874. 15%e. Net receipts, 1,595 uales. 1,005; cous 92 Sales, Cnartestos, March 5, 1874. g, Ihe. a 15tgc.; low middling, Net recerpts, 654 bales, ba- Stock, 59,76, tton; hi jes, 2,00), Wiiwincton, N. O., March 5, 1874, Spirits of turpentine sold at 43c. ‘Rosin quict and steady Crude turpentine weak hard and $8 for yellow dip. Tar quiet and steady at at $2 ior Oswxco, March 5, 1874 bbls., at $7 75 for No. 1 spring, of three cars at Tic. Burley inactive; Canada meal—$i 60 tor bolted, and Mallteed unchanged: shorts. ton. Railroad fis, ; middlings, $26 per freights—Flouf to Pniladeiphia 2d Boston Bic. to New Albany, 42c. Burraro, March 5, 1876, twenty-four hours:—Flour, 6,300 bushels; corn, 39,082 do. ; 67, 00. do, spring, %, ht ee Wheat duil; no su made public eer Milwaukee No. 1 going: sia $1 0 (0s, $1 40: Chicago No.2 spring, $1 40; white winter, $i 7va $1 Oats guict; sales of No. 2 1 80's $1 90; Wi ey malt stea ‘Other articles ‘oLEDO, March 5, 1874. ‘$1 47; April, $1 49; No. 2 re for high mixed; March, 64! no grade, Dew, r No. 3. Clover'seed d, Cuicago, March 5, 1876 a. Wheat active and higher at spring, $1 1934 tor No. 3, do.. Corrnn.—There were no sales reported from first hands 9) 1a for fresh. cae ys AP aa ae today, and the jobving trade was unimportant. Prices | Nay; No. 3 do. $1 1d’s a $1 174; Felegied, $1 U8 u $1.19. oe Nteady ag lollows+—-Hio, ordinary canpees, | Corn active and higher} sales of No. 2 mixed. at 5924 Bie. 1a tke, ; fair do, 2040. 24360.%' good. de, whe a | cash or March: 603 ABE: Cige, May; ew S i.prime do., 26340. 26Ke.; extreme range tor lots, | “ site ge bot 2 BOO Bee roid vor the Sand W dave credits dave, | holders firin; ‘sales ot No. 2 at 4c. ow t Dawa, 28c. a 80c.: do., grass mi Ds 5. 439,c., Apri; 47c, May. Kve trm and scarce at 85c. e.; Maracaibo, "2ige. a 27, | S5lge." for No. 2 fresh, Barley—No. 2 spring nominal; 2e. a Bbige. ; Jawalea, Me. a 26izc, ; Wt Doming. No. $ do. firmer, at $1 36 a $1 40 for tresh. Pork advanced, ie. Porto Rico, tc. w 2ie.; Costa Rica 24 and In fair demand at $14 35 a $14 40 spot; $14 , Apri ouican, “the Sic; Guvanilla, Bbce a a0hcc. $14 58, May, “Lard in tmir demand and higher, at icc. com, 2c. a Bde. yold. per Ib. Ob and SO dare. The stock | Sends. at gc. ior shoulders tge. fOr anort rib middies, of coffe Jn first Yanda (other than Blo) was 2279 bays, | 750" {or short clear do, loose, spot, Whiskey in fair de: Flour AND GRauw.—Receipts—Flonr, 44 bbis.; | mand and lower at Yc. Keceipts—1!1,000 bbis. flour, wheat, 84,600 bushels; corn, 13, 0. : oats, I do; rye, | 73,000 bushels wheat, 27,u00 do. corn, 26,000 do. oats, 1, Tada. The Hour market was steady. with amoderacé | 4. Fy¢,and 600 do. parley, | sulpments 7.0m bhi. {hquiry. The sales since last report, including all kinds, | flour, 45,000 pushes wheat, 1,000 do. corn, 16,000 do. foot up about 10,4 bbls. at prices Within the range of | oats and 2,000 do. barley: tne abieined qomeasvag, Guskinens Segre, cul MARKE and quot at iro! a ir for State an Pennsylvania. Corn meal sold to the extent of 250 bbia, EUROPEAN 78, Loxpon Propuce Manrker.—Loxpon, March 5—Even- ing.—Common rosin, 78. 3d. per cw HAVANA MARKETS, Freights loading at per box of sugar, $1 a ! Bir do. molasse: 828. 6d. orders, 568. a 578, 6d. per to Exchange in fair A SILAS ©, HAY, Fa’ i Hdvana. March 5. 1874, a—For the United States, er bhd. do., $4 By a $675; To Falmouth and orders as a a Leading at other ports on the north cv: ‘Cuba—For the United States, 25; per hhd, molasses, $3 25 & Pay hd. of sugar, $5 a n. a 100 premium; MEMBER N. Y. STOCK EXCHANGE, WILLIAM 8 WARNER. MEMBER N, Y. STOCK EXOHANGE, HAY & WARNER, BANKERS AND BROKERS, No. 73 Broadway and _No, 5 New street. _ —VALENTINE TUMBRIDGE & CO. « AND BROKERS, 89 WALL ST,, NEW PUTS RAYES AND HELD BANKERS YORK. AND CMIES NEGOTIATED AT LOWEST CA8H QR MARGIN FOR PURCHASING THE SfOCk. $80 FOR FIFTY SE TO ANY ADDRESS. ARI ANY sTOCK, OF 32. PAGE BOOK, FULLY EXPLAINING METHOD, GIVEN AWAY. —LAPSLEY & RAZLEY, BROKERS, 74 BROAD + WAY, BUY AND SELL PRIVILEGES; ALSO DOUBLE ‘PRIVILEGES ON “MEMBE ¥ THE EXCHANGE” OR RESPONSIBLE PARTIES; STOCK OPERATIONS MADE AGAINS! APPKOVED CON- | TRACTS; QUOTATIONS FURNISHED, | EXPLANA- TORY CIRCULA WITH REFERENCES, MAILED LAPS! & BAALBY, 74 BROADWAY, A COPY OF TE explaining how lation, will be mailed 4 Broad street, New 5 ew mone ireé by L. W. HAMILION & © nm ET REPORTER,” can be made in stock <p A cy -UAZARD & MONTAGUE, NO. 6 BROAD STREE + Brokers in Stock and Gold Privileges; Circulars wailed and quotations sent to any’ ay LARGE EXECUTION on New York ents to buy second and | pals address ALTORNEY, FUND OF $250,000 TO LOAN y Property for five years; also cil- asehold Morigages. Princi- box 13 Herald office. CLAIMS THOROUGHLY PROSECUTED AND « livgation conducted without fees, unlers suecessiul, by an experienced lawyer, expert in bankrapicy eases: excellent reierences. Address LAWYER offs box 2,579 Post A. gage on first class Mortgages cashed. MONEY TO LOAN UPON BOND AND MORT. | city Beal Estate; siso larc _Y, K. STEVENSON, Jr., 1 Pine street. FIRST CL Southern sale, ata vrice dress J. ALLEN S MORTGAGE ON PROPERTY IN A | ity, worth tive times the amount, for | hat'will bay 12 per cent per annum, 'Ad- box 456 Post office. T REASONABLE RATES—MONEY ON LIFE AND | Endowment Insurance Policies, Mortgages and other securities, Insurance of all kinds effected with Dest companies. J. J. UABRICH & 0O., 117 Broadway. A —M. JOUNSON & BRO, NO. 5 DEY STRE! . York VALUABLE BOOK Average Tables.” without turning a page, Principle, alone wort ter orb wanted stationers preterr cost of book; pr | WIL be sent ior examination within 't | York, Brookiyn or Jersey city, upon application by let- mail, upon receiptat price. Counw will loan on Bond and Morwage, “with- Wilt bay ‘aod Second or Leasehold Mort FOR BANKERS, BROKERS J accouniants—“Law's Simplified Interest and The tabular system est for uny number of days xnd amoun' Pagreaieds inter. found at one “ayerage Tables.” on saine ‘A copy limits of New agen Yerritory secared. A. J. KENDALL, Agent, 188 Fitth avenue, room 4, {IRE INSURANCE STOCKS WANT i. NICOLAY £00. GTinestwee ee NEANTS Rewiden ‘ork Fost office, T WANT on city $5,000, $8,500, $4,000, HAVE MO without fp ALWAY. EMME) BORROW OF t OW OR INVES Other securities can be suited. >, OF Mortaas __ HL, GRANT, 58 Exchange place. OWN 8. PIERCE, 106 B loan on improved Ne out bonus; also diferent ai on improved or unimproved property. 10 BUY FIRST OR 5 property for the following sums $10,000 and $15.00). JOSEPH MCGUIRE, 87 Cedar street, RUST MONEY TO LOAN—ON PRIVATE . Reidencas and Store Property in thie city, for ttve SSot New fe foe Addtess GUARDIAN, box EG AG $3,000, NEY TO LOAN ON GOOD bonus.—Principals desiring or ROADWAY, HAS $150,000 70 | w York city Real Rxtate, with- | mounts to purchase Morigayes RUST FUNDS TO LOAN ON BOND AND MORT- we on New York dwellings preferred ; one per cent commissios ney’s fees for searcli rs ace fe eer Oy improved Propert; rivate and attoc- 4.second mot cashed, LAURENCE, 3 Pine street. TLEY & BOWED City, Cinein Chicago, land and other first class 1 i, NO. id self the Bonds of New York, Bri Lect ter rook ly, fuer 4 WALL STREET, BUY st vi investment securities, rigs aeleaicint EOP dyeeg BUND AND WORTG FOR FIVE YEARS, ON FIRS? no brokers peed apy JAGR, 24 West Fitt fined | 50. To Falmouth and | lemand; on the United States, 60 | days, currency, 78a 79 per Cent premiuin; short sight, | o., 51 a 82 premiam; 6) davs, gold. 99 short sight, 103 a 104 premiuin; on London, 121 a 123 pri miu; on Paris, 97 a 98 premiuia. BINANCTAL. $14 000 —¥! . FIRST MORTGAGE ON A $14.000. ae ble prepett aA) ae side lage; buildings and ground worth $20.00, and 140 lots adjoining. Address W. M hivenall street, N.Y. 6 TO LOAN—ON BOND AND MORT- $20.000 gage. New York city improved property, in sums to suit GC. E. HAYDEN, 47 William street ON FIRST CLASS IMPROVED $55.000 Bey heat Estate, in sums of $10,000 and | under without bonus. “Principals” only may address | PRINCTP AL, box Is! Herald ofce. 65.00 ) TO LOAN Of BOND AND MORTGAGE, | on hy euth si of Bowery. ‘Apply to. SLEAYORAPT, 060 Eighth av. TO LOAN—ON REAL ESTATE, IN $82.500 this city, in sums of $5,000 and upwards, term of ta, without bonus” JORN'F. CONEY, 162 Broadway, room % $110,000, Gt seat id cttw rat. we feavehota Mortage, Cashed, at fair dis: HINMAN & SON, 2 Pine street. TO LOAN-IN SUMS TO SUIT, ow v ty, for a term rt alia te SD LOE ‘{nsurance Company, 163 Broadway. count. $400.000 Years; no bonus re Montauk COPARTNERSHIPS. VICE OF THE JOHNSON ROTARY LOCK COM- pany, 2% and 28 Vesey street, New York. Februar 27, 1874.—Mr, Kdward Jones has this day trausterred al his right, title and Interest in the business hererotore carried on ander the style or name ot the Johnson Rotary Lock Company, and has ceased to have any connection therewith or interest therein. Ali ciaims and demands now due against the sald company will be adjusted by the undersigued at this office on presentation. J. L, CHAMBERS, B& COPARTNERSHIP HERETOFORE EXISTING £, ander the firm name of M. Orftllly Co... between the undersigned, 6 day dissolved by mutual consent. ’ Kies O'REILLY. G € YK ANAHAN, 4 by John J. Cullen, who collect all outstanding debts and moet Mabilities of neern. The business will be contin: will ‘BUSINESS OPPORTUNITIES. WELL ESTABLISHED PLUMBING, GAS AND A Sta Pitting Business, with a first class stock of Materials, Tools and Fixtures, for sale on casy Lerma; 10- cated in a thriving city of 24,000 inbabitanis, in which an artificial supply of water has veer lately insrodaced. ‘The parties owning the same are unable to give it their atlention OD account of oth ou: 88, consequently hey desire to sell. This is a rare chauce'for, those who mi esire to ent ante Pal MBER, Hera! ey profitabie business. Address A GREAT BARGAIN—$90 IF SOLD AT ONCE, WELL located, nicely and completely fitted up and Restaurant, doing good business ront low. & BON, 206 Broadway. MAN WITH $1,000, TO TAK AN INTEREST IN an established commission business: also man with $4,000 for the plumbing end gesiny business, SYKES & CO., No. o Dey street. N ELDERLY PARTY, ABOUT RETIRING, WILL sell a sound and profitable manufacturing ‘monop- oly on reasonable terins: standard good: jlom arded by American Inetitute; a tine chance for active man; only cash ‘required. Call at 276 Pearl street, second floor, PARTNER WANTED—IN A FLOURISHING <= manofacturing business, which can be Salaried to any exvent; $2,500 and unaoubted references required. ‘EB. M. MASON, un _M. "MASON, No. | Chambers strect, New York. _ A Genre eedon Ber eo uss M ae experienc large acquainiance in Baltimor, Washington and the South, for ‘several years past at ny head of a respectable firm in Baltimore, desires to have e control of soine staple article of merit for Baltimore | and Washington; security and highest references. Per- sons desiring to roduce and extend business will do well to address T. CLARK, 87 Light street, Baltimore, N INTEREST IN A FIRST CLASS MANUFACTUR- JA ing business for sate or exchange ior House and Lot near city; party porobasing must be competent to take charge of business. THOMAS L, CLARK, 52 Cedar street. PARTY WANTED—WITH $17.50 CASH, EITHER active or snecial. to joinu practical hotel man in purchasing a strictly frst class hotel in this city; ull all Yeur, and yuarantacing s yearly prot of $15,001. 1 on or address 0, CRAWFORD, 14 West Twenty-fourth strect, from 4to7P. M. (OA WANTED—$6,000 TO $10,000, GENERAL OR special, by an old established paper commission | house: a remunerative arrangement can be made, Ad- | dress M., box 163 Herald office, ESIRABLE,—OFFERBED, AN INTERSST, OR MAY dispose of entirely. an cxtablishet Real ‘Estate Bus- iness, in first class locality in Pine street Address J. B. Ji, box 125 Herald office. i) | I WILL INVEST $500 CASH AND REAL ESTATE IF | L necessary in some legitimate ostablishe! business Address, with particulars, Dox 2.988 Post offlce, New York. MPORTANT TO INVENTORS.—NEW ANDIMPROVED Patents sold on commission, stock companies formed, &e.: territory for sale, apply'at Business Agency, 748 Broadway, room 3, om BA 3 EASE AND PUANITURE OF THE STRICKLAND House, New Britain, for sale ; house full and success ful. For particu: address pox &6 New Britain Post office. I, igre erie OP MACHINERY AND OTHERS are solicited to call at 9 Liberty strect, room 23 and examine an article of great utility; can obtain ex- uae Gres cinema) will pay 200 per cent ready sale. PARNER WANTED—WITH $3000, IN THE GRO- cer ness, 1) miles from New York, or will sell. Address'H, J., box 101 Herald office. PARTNER WANTED WATHT $8.00, INA” WHOLE. sale manufacturing business that pays hh profit: said partnercan lave $4,000 salary to tend the business, besides equal share of profits: a sonal interview is required for particulars. R. C., Grand Central Hotel, New York. N. need not answer this, jes T. MARK’S HOTEL—160 ROOMS—NEW BRIGHTON, ‘Staten Laland, {s, owing to the death of the propric- tor, to lease; Purnitdre for sale; 1s one of the most popu- Jar'and successful hotels in the United states. W. A. COLLINS, 2 Pine street, WANTED A PARTY WITH $8.00) IN MANUFAC. turing business; a monopoly; will yield $10,00 | frst year. Address inting interview, | Tremain & Co., No. 6 Wall street. ANTED—A GENTLEMAN OF SOMY BUSINESS per- Address B, B.—Broke: ., care EB. R, ‘further particulars address box 173 Newark (N. J.) Post office. ANTED—A YOUNG GENTLEMAN, WELL CON. nected, with best recommendations, to join. first class parties ‘in organizing a company; must positivel: influence $75,000 of the stock. Address, with real name and references, FIRE INSURANCE, Herald office. 20) —YOUNG MAN WANTED WITH THIS + amount to act partner and treasurer for ¢ most celebrated exhibition now travelling. Address, for three days, TREASURER, box 205 Heraid oftice. $25) —A YOUNG MAN WILL ADVANCK IN D ‘+ anestablished grocery, shoe Store, bakery or confectionery, wh he can’ be an active partner. Address I TRIOUS, box 145 Herald offic $300 TO $50.—PARTNER WANTED, IN A SAPB De nd re bie business, 25 years established, | where hecan reali Kood 20 GAFFNEY, No. 6 Centr Q5()-TARTNER WANTED IN A SAFE AND IU, very profitable business, the money to be in. vested in the biisiness; only parties of call. Inquire at 55 West Thirty-first str 2 500 —A STEADY, RELIABLE MAN CAN E DLe + guge 4s partner in a safe, profitable and 1 iO hone desired. Ad- MANUFACTURER, box 220 et. character need | fogitimate bisines#: a. tul dress, for an interview, Herald offic turing or other respectable busi- ner; the business must be well blshed and unembarrassed; ouly those whose bust- isof this character need apply. Address 5, H, T., | Dox 173 Herald office. p —AN EXCELLENT CHANOE FOR A $15.000. g00d man to engage in the patent medi- | cine business; a partuer wants to sell out; concern soun: business good. Address CAPITAL, box 185 Herald oil ae ee THE BRIDGE OOMPANY. Mecting of the Directors—Prospect of Continuing the Work. Bridge Company a discussion was held as to the best means of raising funds to proceed with the work. Tue hope was expressed on behalf of the stockholders that Brooklyn would take the work off their hands and finisn the bridge at its own expense. They desired it should be made free to the public, and return to the private stockholders the money advanced immediately aiter the com- pletion of the bridge, The Mayor and Comptrolier declared it impossible for Brooklyn to undertake the work alone, and said that no proposition having in view the throwing of the entire ex- pense and responsibiliiy on that city could be entertained fora moment. New York should, it was argued, take her proportionate share oj the expense. The Mayor and Mr. Schroeder agreed that it would be equitable if New York would join Brooklyn in taking up the work and releasing the stockholders, It was finally decided that the bridge work should go on, provided New York will assist by the payment of the proportion due from that ctty. It was agreed that a conference be held with the New York authorities at anearly day, and if they will consent to the compromise tne work will be pushed forward promptly. In the event of New York refusing to agree with Brook- ly in this matter the enterprise will be brought to @ standstill, THE WINE AND SPIRIT TRADERS’ SOCIETY, Meeting Yesterday Afternoon. Let not evil minded persons say that temperance isa “fraud,” for yesterday the men who manu- facture and govern (io a certain extent) the Movements of spirits found tt difficult to ob- tain a quorum at their meeting in the afternoon. In the great loft at the top of No. 68 Broad street preparation had been made for the reception of about 200 persons, but when the roll was first called @ quorum was not nt, and drummers had to be sent out to look up members. After ee diMeulty the Ay omg number was gotten gether and business Several reports were read and accepted in the most formal and business like manner. The total ses nena kh raion sat G ried, tome ther ih da amendment that the meet. ing be continued on the first Thursday in April, at hereaGer, vi kde uth st ob Dlacg to by designated income. Apply to THOS. | At a meeting of the directors of the New York | experience, to assist ina paying business. For | CHAMBER OF COMMERCE. —_—_+__—_ New Members—Interesting Report of Committee No, 40m Head Money—The Foundation of Such a Law as the Chamber Desires—The German Empire in Reciprocation with the Chamber— A Memorial to the Legislature Rela- tive to the Funding o1 the Canal Debt. The regular monthly meeting of the Chamber of Commerce was held yesterday afternoon at the rooms of the Chamber, No, 63 William street, Mr. Wiliam Grinnell presiding, On nomination of the Executive Committee Mr. William M, Evarte was unanimously eiccted an honorary member of the Chamber, Walter 8, Fairfield, President of the Butter and Cheese Exchange, nominated by Jonn F. Henry, and Mancella Folsom, Vice President of the same association, nominated by Roland 8. Doty, were elected members. ‘The committee reported the following resolution, which was unanimously adopted :— Resolved, That the officers of the Chamber be and are hereby appotuted # commitiee, with power, to make ar- yangements for the anniversary banqueton the evening of the 7th of April. ‘The following report on the head money question was submitted by Committee No. 4:— To rux Cnauser or Comun Your committee to whom has been referred the question ot be fore them. aud now respectiuliy beg to report i— in the year 1824 the Legisia(ure of the State of Now York passed laws to tax ship and steamship ow: mudd agents a certain sum on each passenger arriving such tax was siyled “head inoney,” and the Rmounts so collected were paid into the Stato Treacury. It appears that some of the parties so taxed paid under rotest, either in whole or in part, while others, either Errougi ignorance or negligence, did uot protest at the time of payment In January, 1849, the supreme Court of the United States deciied the act above referred to to be unconsi.tuiional. This de- cision Was made more particularly Im the cuse of the State Of Massachusetts, which had existing laws jike those of New York, the only difference being that the tax imposed ob passengers Was iurger than that in this State. ‘The cases appeaied were argued by Daniel Web- ster, Rafus Choate, John Van Buren hea others, and the Supieme Court, ag stated, deliberately declared she laws of the States ot Massachusetts and New York to be in violation of the constitution of the United Brates, and consequentuy nui} and void, and the decisions of the courts of these States were therefore reversed. Upon this de- cision the tate of Massachusetts reiunded the-money se paid into its treasury, and in 1351 the Legislature of the State of New York passed a law returni \he amounts paid under protest—in al} $204,055—but mi: Bo provision for those who had neglected to protest, though their case was precisely idenucaL Several attempts have been made to induce the State to actin an equitable inanner toward those who omitted a mere tormality, and ink & petition was presented to the Legisla- ture recounting, the history of the fax and pray- ing for relief. is petition was extensively signed by the most prominent and respectanle merchants and shipowners, and in conjunction with its presentation introduced into the State Seuste, whicl_was re- ferred to the Committee on Commerce, and was re} favorably; but tor some reason it ia! report the co! use these words :—"’ are at a loas to discover any valid reason that can be urged, either in @ legal or equitable point of on the part of the state, why the claims of those who Hf so without protest are not equaliy meritorious wi $8 who paid under pretest. Any other ral with the decisions of the first tribun: and would be discreditable to a great State, which ‘would occupy the unenviable position of exacting from: the master of a vessel better knowledge ot constitu. tional law than the lawmakers themselves - And hey further quote from the report of the Committee of ‘ays and Meang, to whom the subject was referred in the year 181, when the law was pi refunding the morievy paid er protest. ‘That committee used the i—*ihe act being void, the collection Of the tax irom the master or owner of the vessel ‘wasillegal and wrong, and {t follows that moneys so collected do not belong to the State, but to some other arty.” The question, then, is, to whom do these moneys long. It is seen that they do not belong to the State. They must, thea, belong to elther the Health Officer, who paid the moneys into the treed a or to the passenger upon whose head the tax was levied, or to the shipowner of master who paid the money under protest and compul- sion to the Health Officer. Isthe Health Officer entitled to receive the money from the state? It is true that be ‘paid It into the treasury, and that be is liable to suit and Fecovery by the master or other parties from whom he received it But he collects it trom the parties a3 a pubs lic officer, and on aif Of the State, and had the law been valid the money so collected would have become tne property of the State the moment it was paid into his hands; and though he may be compelled by suit to refund the amount he has collected, yet he 1g indemni- fied by the State (L Revised Statutes, third edition, 501, YY » . For ublic policy Permit. Sol. section, Abe Plmpleaded. form. of remedy is given to enable {injured parties to Heaith Officer, therefore, acta has no personal incerest im ‘rhe next question for obtain redress, The thronghout for the State, the tnd or any portion, thereot. consideration is, Does the money resal! trom the tax belong to the passengers upou whose heads the tax wi levied? and the answer to this question aepends in good degree apon the nature and character of the ta Imposed. If the law had provided that che tax shoul de paid directly the passenger, or if his person oF wearing apparel had been liable to amount and the master or vessel exempt trom any pen- ¥ for the nou-payment of the tax there cn be no abt that the passengers would be entitied to the money. But the provisions of the iaw were the reverse. Th tate did not hold the passenger responsibie tor the pa; ment of the tax. The State made no demand on and he was permitted to go th tax wa: 3 &: king to him only and subjecting bim to sue it ne neglected or id so payne jam demanded. Mr. Justice Grier, in delivering* the opinion of the Su- Court of the United states in the er ta: id :—'In its letter and in its spi it itis an exacton ros said :—‘n its letter ri the master, owner or consignee of « vessel engaged in the transportation of passenyer gradua: on the freight or passenger money earned by the vessel. Itis, infact, a ty on ri me sii me: eaped by a Jere fo, rae true, but producing @ like y merely changing 16 iets the jaeation of the master ss representative of the vessel a1 In the opinion of the Court, delivered by Justices Mc~ 2 see the ne was Segarded, as having pean yn. Dosedgon the ship, and not upon the passengers, Cy the opinion or Sustice Dantels, who represent the minority of the Court, It was held that the tax was di- rectly on the master in conzideration of the emigrants brought by him within the state. By the laws of the United States a ship engagea in the conveyance of pas: sengers cannot carry more than two passengers for every five tons of measurement. If the tax had been [m- posed on the tonuage of the vessel on the agsumption that every ship would carry her iull complement of passe gers there can no, question that the moneys wonld have been returnable to the master or owner. Nor can there be any doubt that the tax was imposed upon the ship, the rate being graduated by the number passengers instead of the tonnage of the vessel, It seems conclusive, both from the decisions of the Su- preme Court of the United States and trom the nature of the case, that the moneys do not velong to the passen- gers; they must, thereiore, belong to the masters or owners who paid them, The moneys, ther, lying in the treasury, belonging neither to the ‘State nor to the passengers, but to the Parties who paid them, it is just and expedient that they; shall be promptly returned. They who have paid unde! the laws declared unconstitationdl can maintain action and thus ail the moneys so paid may be sued out of the treasury at a vastexpense to ine State. A just for the honor of tne State forbids the retention of tha’ which the highest judicial tribunal of the country has declared do es not bel to her, while the interests of large and valnable c' of her citizens, to whom money rightfully belongs, require its immediate retarn. At the conclusion of tneir report the committee i= im made the subjoined recommendation :— Upon these considerations, and with a desire to deal jusuy with the claimants, and at the same time to save the State as much as possible from embarrassment, your committee ask leave to br ng in a bill authorizing tha Comptrotier to issue and deliver evidence of debt to the, respective claimants for the seveial amounts, Pita in’ e f bt twenty yeu with interest at six percent, after th: several claims shall have been established before a com. mission consisting of two cominissioners to be appointe by the Governor with the concurreace of the Comptrol- er, Your committee now submit the above presentation of the casc, and in view of the decision of the Suprem Court ot the United States, the highest tribunalin the land, and the action of the State of Massachusetts and the Legislature of the State of New York induced there- by, they cannot, after careful deliberation, come to any ovher conclusion than that the claims of both classes who paid this tax—namely, those who paid it under protess and those who did are precisely similar, nor. do they see why any distinction should be made betwee: them.’ if itwas right to return it in one instance it right to do so in the other, and no arguments of out- lawry, or lapse of time, or (he absence of technical for- malities, should avail to prevent an equitable settlement. States, no less than individuals, cannot afford to bé uniust, and claims the validity of which has been virta« ally acknowledged are and mast continue to be antil discharged a debt ayainst the State which justice and equity require should not be perpetuated. JAMES W, BLWELL, Chairman. Jn connection with the above the following reso+ lution was adopted :— Resolved, That the report of Committee No. 4 0: head mo be adopted and sent to the Legislature, an that the Cliamber of Commerce respectfully request that a law be passed in accordance with its suggestions, Committee No. 6 to whom had been req ferred the communication of Joseph Jennings and accompanying documents in regard to stevedoring, Teported that it was not within the province of the Chamber to entertain the subject. The following was read and received with apy Plause :— { Wasnrxcron, March 5—1:07 P. M. Gxorce Wirsox, Secretary New York Chamber of Com¢ merce :— Our hearing before the Committee of Wi deinyed till to-morrow. dge wi {t vind and Meang Mr. Dox ‘as he wee ay. a to the attack of Jayne. His statement a triumphant cation of bis house, and a perfect showing of thi rese its provisions an: is firm. 8. fi JHULTZ, ROBBINS and STEVEN! a Special Gormahice, i A communication from the Consul General of the German Empire, proffering to the Chamber of Com« merce, in exchange for all publications of the lat- ter, the publications emanating from the Central Bureau Of Statistics recently established at Berlin, was accepted and a resolution proposed by Mr. Ruggles, acknowledging the honor conferred von the Chamber by this mark of respectiul regard on the pee of the German Empire, unanimousif passed. Mr. Ruggles stated that the resolutions adopted at the special meeting of the Chamber tn renerence to the funding of the canal debt, and which hi been sent to the Albany re, had had the good effect of staying any further progress of th Shlechonsble armen iment. Acs re jouses en appot eee before wont citizens opposing he mendment wou! , Mr. Ruggies has now ready & memorial, posed chiefly of extracts from the minutes of pre- vious meetings of the Chamber and bearing imme< diately on is subject, whicn the Chamter yi hae and which be forwarded at once tq any. Tho Chander then adjourned: