The New York Herald Newspaper, March 26, 1874, Page 7

FINANCIAL AND COMMERCIAL Wall Street Thought Directed to the Four Hundred Million Legal Tender Bill, CURRENT VALUES. Watt Lotsa WEDNESDAY, March 25—4 B, M. ‘The discussion in the Sevate to-day on the financial question developed even more opposition to the $400,000,000 deluge of greenbacks proposed by the House than was at first anticipated. Mr. Sherman’s compromise measure of course met with severe handling trom both sides, as is the peculiar heritage of compromise measures. Sena- tor Schurz proposed an amendment to it reducing the Itmit of the legal tender circulation from $382,000,000, as proposed in the bill, to $356,000,000, vis worth while to examine in this connection the status of this ANTICIPATED LEGISLATION in regard to legal tenders and see what is its value. It will be recollected thas when the ques- tion of the legality of the legal tender issue came before the Supreme Court of tne United States it nearly failed of the endorsement of the Court, and that even after the Court’s reconstruction looking to an agreeable result, such decision in favor of the legal tender quality of issue was only given upon the assumption that such issue was made under the ‘war power” of the government, or, in other words, as a revolu- tionary expedient to preserve the Union, Chief Justice Chase, who, as Secretary of the Treasury, had been the author of these issues, going furthest im ibus defining their limitation and birthright. ‘The question now comes up whether this reissue may not open the way jor some future sharp stock operator to raise A NEW CONSTITUTIONAL QUESTION as te its legality, there being no war row, and, consequeutly, 90 war power to justify it. Yet it will be remembered that the $44,000,000 was never formally retired, Congress in its hurry to stop the contraction policy of Mr. McCulloch, which was producing a scare, never authorizing the cancelia- tion of the amount already withdrawn, which thus passed into history as this very question- able reserve. It would be much better to avoid all possibility of argument upon the matter by getting back to the lowest limit, or even behind that under the provisions of Senator Sherman's bill, which suggests a reduction of the greenback circulation to $300,000,00u, It is equally painful to the Wall street reader to find the same reckless spirit of miscomprehension pre- vail in the discussion of free banking, as with | respect to legitimate authority, has permitted this mconsiderate action of the House in regard to the iegal tenders, FREE BANKING I8 NOT INFLATION in any correct sense of the term. The opponents of iree’ banking say, suppose we permit every man who owns a government bond to issue currency upon it, we make our currency at once over two thousand millions, Free banking does not propose anything of the kind, and even if it did, it is saie to assume that when the industrial and commer- cial activities of tms nation reach that point of | productiveness that we can afford to buy back the one thousand and odd millions of our bonds now | & held in Europe, we shall be able to find employ- | ment for all the currency we can tssne upon them. Bestdes the advocates of tree banking as a prac- ticable system, not indescribable germ which 1s the offspring of Con- gressional incubation, claim that currency will be | regulated to suit the requirements of trade for its employmeat, and are willing to relinquish | §1) to the government the interest of bonds pledged | ti for its redemption, provided they have the option | of retiring such currency when it ceases to pay an average yearly return equal to the interest on | 2 ae: | woos 30 such bonds—not an introconvertible process, but simply a yearly settlement for the regulation of the volume of currency issues. IN THE STOCK MARKET the interest to-day was almost wholly speculative, and directed principally to the two stocks concern- ing Which the least 1s Known as to their actual value—viz., Western Union and Pacific Mail. The first named was rendered buoyant by the anticipa- tion of a 15 per cent scrip dividend, which, how- ever, was not declared, the directors’ meeting ad- Jjourning without taking action oo this master. In the case of the latter there was the familiar story of an overdue steamer heard from. The rest of the market was at frst buoyant, following the ead uf these and being stimulated by the action of the House in favor of inflation; but alterwards went off and closed heavy. The table of sales printed below will best illustrate this movement. ‘The following were the highest and lowest prices | of stocks to-day: Highest. N. Y. C, and Hudson consolidated 101% Lake phore....... . ‘ Lowest, 100% | Rock Tsiand. Wot 4 Wabash. 4135 Western Union Telegraph. Bak, Northwestern...... NorthwesterpD preferred AMilwauhee and St. Paul, us Milwaukee and St. Paul preierred. 6434 Pacific Mail... 484 Krie..... 43 Onto and Mississipp! Blyg Union Pacific... 3536 c., G und f. C Atlantic and GOLD RANGED to-day on extreme quotations between 111% ana 112%, Opening at 1124; and closing at 112%. The rates paid for carrying were two to four per cent; borrowing flat. The Sub-Treasurer paid out to- cay on account of five-twenty bonds redeemed 000, and on account of interest $31,000. The customs receipts to-day were $294,000, MONEY RANGED three to four per cent on call loans and five and a halt to seven per cent for prime mercantile paper. The demand for currency to meet April settle- | Tents in the interior continues; but so great is | 5 tue plethora here, occasioned by the recent stag- nation in trade, that money at this centre is not likely to be affected thereby. FOREIGN EXCHANGE is firmer, prime bankers having advanced their rates to 4.8534 and 4.533, prime sterling, with business within 1-16 of these nominal figures. Money was more active in London to-day, although securities were firm. The amount of bullion with. drawn from the Bank of England on balance to- day was £156,000. The revised rates for foreign exchange are as iollows: Sixty Days. Three Days, Prime banker’ ster- billson London. 4.853,a — 4.883%a — Good bankers’ do.... 4.86 24.8534 4.88 Ly 4.8835 Prime com. ster’g do. rr @ 4.5255 Paris (bankers’) 18% 619% 4 5.14% 5.14% @ 5.15 6, 15 Hamburg. 965% Frankiort, Alig bremen.,. 9555 9 965% Prussian thalers. 1% % Wh Whee 124 FOREIGN ADVICES. The following quotations were received on the atreet:— Lonpon, se) March 25—11:45 A. M.--Consols for for account, 92%; five-twenty 3 0, do, Of 1867, 1093¢ @ 109 ry ; can securities Grloer. 1 P. M.—Congols for money, 9254; do. for account, 92%; Mve-twenty bonds of 1865, 10934 @ 10934; do. do. of 1867, 109% 5 ten- rod bonds, 108% a 1035; new fives, 104% a 104% snares, 3946 2 29%; New York Central, 02% MS HG American securities quiet. 4:30 P. Cope tee for money, 92 & 9254; do, lor account, 92 @ 92%; five- twenty bonds of 1! 10934 a 10034; ‘a0. do. of 1867, 109%; ten-forty bonds, akan loans ry fives, 1045 @ 104% Erie ) Railway shares, 38 York central, of Market quiet and faces ane rate for money onthe Stock eeange on go ernment securities was 33¢ per cen ee ri GOVERNMENTS in this market are firm and closed as follows:— United States currency sixes, 117% @ 117% ; do. do., 1881, registered, 119% @ 120; do. ao. do., coupons, 120% & 120%; do., five-twenties, 1862, registered, 117K @ 117%; do. do., coupon, 117% @ 117%; do. do., 1864, registered, 119% @ 119%; do. do. do,, coupon, 119% @ 119%; dO. do, 1865, registered, 11946 & 120; do, do. do., conpon, 120% a 120%; do, the | the supporters of that | $8000 Tenn 6's, old, xe 70 15 0 Tenn 6’s,n SOON C 6 100 Quick Min Co-be.b3 32 i oS bard ESEEEESEE taf S S S a 8. 8 8 2 my do, 80! 20 go. 8 600 do. hy. go. Bu a Pac f 88 45) i 1x0 do. 1% a ao. “ 10) do 4655, 200 , 1, loo do, 46 & eocce g ww do. rr BO) 46: ee i700 Pr 200 ju a ‘81, P. M.—Before Call. 600 shs onc Tel. do, do.. new, registered, 118% @ 11934; do. do, do,, 400 80: rf 0 Os ano 0 1560 7 oy 4 iu ¥ 1700 2600) 1% lwo Bux so 793 wy wos 700 Fs 300 Big SH 00 1300 4 a 800 , gig 1700 20 80%, 500 80) 1200 1300 mo ww mo 2) 1 a | a 3 1100 81 BN a 5376 900 do. sy suchi 4k 1 400 Un Pac 35% loo ies 100 35$q 10) i 3 Bs 100 suv ES wu lu NEW YORK HEKALD, coupon, 119% a 119%; do. do., 1867, registered, | 119% a 119% ; do. do. do., coupon, 119% a 120; do. do., 1868, registered, 119% @ 120; do. do, dg., cou- pon, 119% 2120; do., ten-forties, registered, 11436 @ 114%; do, do., coupon, 114% @ 115; do. fives, 1881, registered, 116 @ 115%; do. do. do., coupon, 116 8 115%. The following were the bids to-day for RAILWAY MORTGAGES, New York Cen 6's, '63.. 9 Rew York Cen 8s * os i b. oh Sug be 100. 106 os i 10256 Tt a aS: 8 at, S: a iat & 8 108 f 10644 Mich Cen con 7's, 1912... 98.4 99 Mich Cen lat m, 8's, "82.109 V6 Mich Sou! 2d m. 10g 101 Mich So Tpe.l05, 108 Cley & Tol sf... as 00 lev & Tol new ci 9 AD Ra Aaah ie ew Dds... $ ‘Mon & Tol bds. 97 965 se Smee ems § See ae 3; 1) ES BS ones we ZS cy 5 a! Shoe & Leather. Bt Nicholas... I ‘ters & . jenta! Bank of the R. 0836 Bankers & Brokers’ A.. 90 Bank of Nah America: 2 OUR BXPORTS. The following shows the exports, exclusive of specie, from New York to foreign ports for the week ending March 2, and since the beginning of the year: For the week. Prev. reported. 1872, 1874. $3,120,757 $5,; 280. so 047 $5,413,034 45,817,282 58,706,662 67,501,048 Since Jan. 1...... $48,937,989 ‘$50,020,600 $6: 914, 082 MEMORANDA. The outstanding legal tenders aro unchanged at $282,000,000, The internal revenue receipts to-day were $236,000, The Rock Island directors to-day declared a dividend of 4 per cent, payable april 27. The Reading Railroad directors declared a quar- terly dividend of 23¢ per cent cash, THE TREASURY BALANCES at the close of business to-day were :— Currency +++ $2,900,000 +87,100,000 tease 1189;800,.00 The possibility af a new issue af inconvertible paper Iregard with amazement and anciety, and, | in my judgment, such an tssue would ve a detrt- ment and a shame.—CUARLES SUMNER, SALES AT THE NEW YORK STOOK EXCHANGE, ‘Wednesday, Ma: March 23—10 A. M., Before Call. } join... es eeee Less coin certificates bed shs vote Un Tel, 453 79% 190 shs Pac M SS Uc ng yor “ Mi 4534 10:15 and 11:30 A. M. Us. €8. smi 1 6 bg copy ¢, *€& sm! rh Lig" ail $3 is it do. Hat 89 10000 US8's; 16-40,¢ be.s8 ing First Board—10:30 A. M. 4635 ay t? 46% dl 696 eee tax, third class... 8 5000 N'C o's, n, J&J.be as ud Va 6's, ‘con. SESESEEES iS bs ( SEEEREES 23 Bank of (em. 10U 30 Dela Can Co.be 117% 20 00 Mar Mig..bo 644 Se: i 100 shs LS & MS RR. 200° re do. 6 EN factory. is | THURSDAY, MARCH 26, 1874.-TRIPLE SHEET. 500 shs Un Pac RR. $00 shs Chi BERR. 100% 90 do, v4 art 100 107} i onl wi ik," ) a0 di 35h, Www do. 3 : 500d ow 31) Wc, cal eM ie Pac M 58 Co. AT 900 43% gy do > My 10 “ i fo ae bo bP 2 a > ito 44 300 do. 709 4 30 do 4732 Loy “ io a » ng i 0 = do 100, 500 ¢o. peer iment a2NWR Fy 220 1100 ES 500 a no ‘56 rf oT 500 bo sf = Be 10 ) lwo a » 100 Fs | 2 do. aw 50 20d 0 73} cy a 10 ct 80 =o 700 7 Od 40 1 * 300d 200 i 20 do: 300 Bp Sn ae 200 a6 10 Atl & Pac Tel, » Wy sw a 50 Amer District Tel. ‘93, 20 4 BW VCash MR... 101 400 41 1200" "4 loli, 7 soo Wig 400 47 uy 300 47 1100 0 a7 100 500 ade on 500 da, . 400 P' 400 Han & Sto iit.2. 31% wh 215 P. M. $8000 US 6's, x, "BL...... 19% $2:000 US 5-20, r, 167.03 119 200 US 0:20, 6, "66016 11 fi % Second Board=1 P. M, SHON CONT eS.. 21 Panama RR... 115) "OAM St La JC ist.be 96 NWR f.bo 73! 8000 Mat P,C&MD.bo 8u! bE 15000 | . 38 1dy ahs » 86 mn 56; ‘50 56! 200, 0} 1200 8! soy rs wh ‘5b, 4000 11s | & 50 107 Pc y 6 eS 5 hepa feeess 1900 by) 14.N YN UST RE DS 1 no 100 Ohio & aise RR. 6 1500 100 Mil ast PiutoLbs Buy 200 su 0 400 0 sae S3e3. Te ae BREESE 163 i" CLOSING PRICES—3 O’OLOOK P. M Oiten ot cago & 1 MUL a otk Mas ¢Paut pi Toledo « Wab Glilo & Miss: Han & st Jo. Hai Ge The possibitity of a new. issue af inconvertidle paper I regard with amazement and anxtety, and, in my judgment, such an tssue would oe a detri- ment and a shame,—CHakLes SUMNER, COMMERCIAL REPORT. dg eee Cotton Quict and Easy—Flour Dull— Wheat Firmer—Corn Higher—Oats Firmer—Barley and Rye Quiect—Pork and Lard Dearer—Groceries Quict— Petroleum a Shade Easier—Spirits Tur- pentine Easy—Rosin Firmer—Whiskey | Higher. WEDNESDAY, March 25—6 P, M. The merchandise markets were dull and unsatis- There were some speculative ventures in some quarters based upon the anticipation of | inflation, but nothing occurred which could be | | construed as indicative of a more active or healthier state of trade. Apprehension almost everywhere obtains, and no improvement is antici- | pated until the final action of Congress on the cur- rency question. On ‘Change to-day flour was dull Wheat was quiet, but strong. Corn | and oats were firmer. Whiskey was firmer. Pork and lard were dealt in fairly in the way of | future contracts at higher prices, Groceries were autet, but sales remained abont the same. Cotton was quiet and easy for lots on the “spot” anda shade lower for “vuture.”” Petroleum was in moderate reguest ata shade easier prices. Spirits of turpentine was quiet and easy. White rosin met with » fair demand and the market was firmer. Cotton on tho spot was in fair de- mand at slightly easier rates, the market closing quict and somewhat teeble, with, however, no pressure to sell. “Futures” ruled dull and lower, closing at a decline of 1-l6c, We quote :— oe Alabama, owe Ortecine. Texas, Ordinary 1244 2 Sitiet good ordinary. Bg it i 16 isis | Low middling, + 1 H 6 Hy Used mala 1s 177 18! ~Hhe quotations be based ita conten i) wens rannogin ality not more than halt a grade above or 4 Grade quoved. The gales wores= SOF DClOW To-day, L Pe'g. 1. a” sar iat a 8 Py) we 207 a) ature del livery ast pi, imide} the th ature de jollows'—Last evening, atter. three 100 ai 100 at 18 19.106. 16 $7-88e., si 1,700 at 15 wi6e 16 11-130. 500 e'Tisaer 370) at 16 Site, June, Ho ati 16 18.160; June, 20 at 1627 200 ac 1 r. Total al, 1100, bales, in ad pal xchange—3c. pald Maren gran paid toexchange 90) March Change 900 March ae ul hands, remained The Necaion y for Jobbing parcels owed some 1m} ee but ci teworthy transac: PRK. pe for all dg Fiour anv Gnarw.—Recei seek. ie 32,40 bushels: corn, 30,400 do. market ruied quiet, but ste good part for export, and ithe foot up about is... prices within PY continned pts co: es 2 recate abe x ‘ Barley renetien inactive. beer tea 10 berth were uct materially, quiry for Foom comtinued wight: 7 us els at 63! fe note rman on private terms Ry: Sales 1,00 bushels on the pier ‘at 98c. a'$1 and boat loads at $1 oa air at S2s. fd. To oo on private terms, and . To Glasgow, by steam, 16 250 boxes of bacon a of rosin, at 2s. oped To salted — hi tera cases of tobacco, on private leum at 73. or barrels and Sie. tor cages: ‘$43 tons, hence to Bremen or Hain| onokal cargo at current rates; & bark to Pernambuco, with 2,500 bbis. of flour at We note sales of 120 bi bog. of New (Or lots, at 69c, RP ie. ae 2 parnosen a gore Srifpeal » as and mized” We, fo. ne aba ert Port refining,” ae lo. grocery, 35 a ‘orto Rica, 440. Islands, 0c. a 5c. ; New Orleans, 60c. a le order auoted at AZo. @ 47%4c. New. York bbls: At 483a0- sins @gmand and the market frm, $2 6 0 $2 90 for common to fair and §: of stra 82 2.000 Hulse to arrive, ‘on private, to have brought Bhi of eshingtoa tar G45: <" gu tShe Pine oe steady, i wi reitarepty —On Change to-day the market quiet « Texertor balance of month, for firat half of April, at 180. "Grade in bal and e at tl brie ghee: iced he: ard oF eales of TA EIN toe prompt del Cases remained quiet, and were mated Was neglected, but city. firm market. There was rumored sale of | April, first half, at 14c., which price was quoted for rtsfrom the oll pro- uotations as Spot or remainiler of month. Repot deine points were ofa a iii ig toliows :—Titusville, $2 old; Rouseville. Centre, $1 65; ‘rato {| Parker's at Uulon and United si i0a'SL 74. Later 500 bbls. spot at rf 5,000 bbls. tor March delivery, at 14%e., and 500 bi heard of sales in New York o| deliverab! le April 1. at 15 1. Provistons.—Receipte—Pork, meats, 2,563 packages; lard, 1,973 bbls. a WO kegs ‘The swarket for’ these pork more active. ie sales include 250 bbls. Mareh at 816 30, 2.00 d0 for ADEN delivery & do, for Ma; al $16 55, 500 do. for do. at $16 60 a for do. at 16 65. Bacon remained not materially changed, We heard of sales o Of short ribs at Sic. 10) boxes of Stretford at 250 boxes of short clear (last evening) at Y¥3gc hogs were in demand and quoted firm at Beef—Trade continued quiet, but the mark 36 $0% a Sry Chik NW pret. 78, 9 1s | fair to | 360 bi | Wheat and We heard of sales of 75 paekan rices range of the following prime mest tierces, and $% a $2 tHerces, and $20 hams ed inactive, but were & $24.0 for Western, Cut meats were od under a better inqdiry pickled pane t 11 ibs. erect. ri We. sihonid fers at 7c, 900 smoked hams at 12% oulders at 8400: iat iba. pickled bellies, fi 6 a Be 5 ag of do, light averase, terms, apd Lard.—Th Weatcrs the market (or Fuled firmer and’ closed $y heat 2,250 tierces, tor April i, 2 ti cloain ior May at clty wi a ra sold to the eatont, of 26) Utrces Ot" am, She. Suter and cheese. showed ip material changein Value, and attracted comparatively litte attention transactions confi toicbting (Parcels footing ub, 9 erces of Carolina ae The market was dull, with ee common to choice, and mand for Faw s 1e ‘Suaar.. at prices were nooat seo for fair, and 7 9-l6c. ior include 473 Oe ot Bea said to be at7 5-16c., for the basts of ood rein Tie. a A h ‘and Tollowss-standaed | was what e: quot follows :. andar Thar Sie. mw 97-168.;_xranuiated, f0c.; pow: | dered, Wise. ‘a i0iqe, and crushed,’ Iie. We quote >— Cuba refining, inlerigr to common, soe, a Tee: fair, Tc. 7340.1 wood re i a Sige. ; Lies ime ra 7 fair t 004, 77 THe. a 76 esarocery ro 00: fold Se. aie ds. ani SE8, nine ae box to 9.66 ido. 10 to 4%, 71 8 6 to 18, 9c. a S34e iste Boe; ou wr ory tage Porto ity, foo to prime, ee. a7%c.; grocery. fair to choice. razil—Dutoh stat 08. § to 12, O30. Daten standard, No perior and extra saperior, 38 Fs 6546. STRARINE.—The market was firmer, but business was slow at the improvement, Bales, 08 50 terces at 10c. 20000 Ibe, including prime ak Ther ee (O° including prime, a Wuixey. Receipts, 90 bbls, “the rnarket edly firmer, but ~ ng Sales ot 75 bbis. at with hollegs asking $1. We also nove ro mie alcohol at $1 8 DOMESTIO M MARKETS, LYesToN, March 25, 1874. Cotton quiet ¢ offerings lights ae nd 0 grainery, ifsc. j mid dling. Net receipts, wise, we Stock, ‘Stee, 2,000. New aor RLEANS, March 25, is. Cotton quiet; middling, iehcors 3 low middting, 154s Net fecelpist ood ordinary, Wags j ordinary, 12%e. 267 bales: gross, Exports to Great Br: Bales, 2,000: ‘last evening, Ex Stock, 271,955. Montux, March 25, 1974. Cotton quiet and easy; middling, léc. ; low middling, Iske.; good orga: Wace Not receiee nee ‘Ex- poris, cousiwiee, 1,864, Sales, 800, aitcons, ataigh 25. 1874, 3 agua Fae Net receipts, Cotton quiet and firm 1,4 bales Sales, 1,012. Stock, Onarzestox, March 25, 1874. Cotton quiet and easy: middling, |16%¢c. 8 16c.; “low midding. 154gc.; good inary, léjgc. Net Be leo defo the Coulinents $02 Stock, 37,515, Spirits of turpentme steady at 420. tos! g1 [i for srruined and $2 for No. 2 Crude quiet at $1 90 1 steady at Witan ten N. ©., Maren 2, 1874. Lead unchanged ; sales, 30" ire at a 75 for No. b $9 25 for white winter, i Nk 7% for amber winter, in Nice double extra, “Wheat (e tight fer . 1 Milwaukee club at $1 Palas Loar at Moe ie ior Bolted and $1 38 Yor unbated r une 2 per ton, Railroad a el ghie cay Sew York, 0c. ; to Albat rts for the baahelsy corny 2,500 do. 5 quiet; Werer sre se" bake: Sina reported ; anaied et Peeie nouns ere hs bbl HIS G0. | oats, 8,383 de It Bbc. tor No, seeds sold at ed Receipts—13, wheat, 24,000 do. corn highei ronal jou eye hi si act fe it net ice et shal ranged, acta ‘ni demand 8 and high eee | wheat, barley. 60,000 ~ 20) ao. rye, ‘Shi cess, Wares EUROPEAN MARKETS, PR nl 2 Lo aA tid Manget.—Lonpox, ir cwt. i, Puopuon pentine, Ss. a 48. 6d. por A. Reporter brain ate [WALL apecula ome ‘Call rit de Mo AMILTONS UOn Broketa, 48 Broad street u of the subjoined quotatigne, Corn meal was firm under Ty We heard of sales toottug up holders were tirm. The market closed wi with $1 63 bid tor | prime No. 2 Milwauxee most last evening) were about 40 bushels. by vai Pion ce) spril $s No. 2 Milwaukee, $1 63 for No. 1 do. in sto Snd $1 4 for Net Chao Winter wheat, was he nominally as previously qi ted. Corn a tar demsan atthe Tnprovenoat Sales $76,000 0 bushels jor new mixed, %c. for yellow, 9c. a 9c. for oid in siore, ihe. Tor toutiorse Sane and yelle, Oat firmer, but only in moderate demand. the marl riper ny sal 00 bushels of,Canada in bulk and tte at sive it8.—Kates for accommodation by vessels on the ed to-day, am ona have "put little to report in the chart few ord in the market tate esa tavored tae tie shipter, je) vere :—To Liverpool, St'grain at Td--per ‘standard’ bushels, iW uslels of wheat, at 7d. ; 800. bales ot cotton, as it runs, anc id |. for com) oe To tpg dd py bushels of wheat a¢8d., and pe y ones 20, aio at BOs, Brel cases or tobaccd, on. private terms. To Rot: sail, 250 Uerces cae dard at 403. be aap: rms. ghastors, include —An american Dark, hence to Trieste, ot exrcnol at 78.; Ttalian, bark, hence to ‘exande Is. and “12.900 cases of refliied. petro. ‘4 German Motassks,—Market dull tor both domestic san foreign, CS Naval Storss.—Che market tor spirits of turpentine was dull, and prices acne somewhat easier. Merchanta- nd values not einatartaly ally changed oS Bie at wendy at ee tor tor Reports irom Philadelphia were’ of a atiee: bet 600 bbis. ; beef, m 16; cut and us id quiet, but values were was y. | ati hs | ns $10 OO & $11 0 Lor | plain mess pbis. $12 6) a gid for extra.do. bois, Bein 20 5) & for extra ata hs mess. Beef rem: noted | moady | at from $18 a $22 for the’ range of Southern and, $23 firmer tor some the sales Ibs. average, at 91 nder a beter ing fmauity, ar was Seip matierate; .. 1.0 nhds. of do., Gi do, on private of molasses agar at ic. exon, Nos 8 Kes, OC. & 735 mielado, 4c. a 6e. "GayedBoxes Dutch Mandar, oe] for hard and $2 9% tor ee: Tar 52; two cars do. | bushels prime white State at $ ley Inaetive. | Corn meal— 26; middlin; joston, Se, ne Borraro, March 28, 1871 Kxports not “reporie ring, 4:8: 3 Chicago No, 2 white winter, $0 sales 1,600 busi Totrpo, March at $1 56 oe Ne tiny 7c. 5 Ai et ay, ty rie rade oud Ton do. SF tbo ae fninmente—70) bushels March 25, 1874, Flour dull and a eel see in nha de eae : 0 eee yen iyo. treaty, vm dees a. sige. et at ‘ibe ca ribie: tor dod fresh bushels wh and 5, 7.000 bushels 1,000 do, oats, and 3,00 do, March 26—Evon- £29 & £2036 per ton. spirits turpen- Manxry.—Laverroot, March 25— venting: “Common F¢ rosin, eek, 9d. per cwt. Spirits Sr A tocel oats és, including all kinds, Me Nour | | the range about 790 pb 4 $4 40 for Western und $440 & $B tor Hrandywine: ‘We algo note sates of no bags of | oarve Jersey a 31 1 per 10) Ibs. We quot | No.3 51 $500 285.0 | 575 a 600 | 635 a 650 | a1 675 6 00 625 a 675 650 800 | 7825 a 69) ig iig ee 65 8 700) Sf Lou straihte © » 80 St. Louts, choice double extra wa 60 St. Louis, choice tamily..... 8.50 a 11 00 Calfiornia. Nominal, Rye flour, fine to superfine 40 a 575 Southern, No. 400 a 50 Southern, su 50 615 thern, extr: 6H a 85 g8 aD Da 435 875 a 40 440 a 410 ie tte Wheat was ii liaited demand: small receipts, Gi id the in- ‘The burg, with timore p terme Sip: 0" Bois. of nominally for refined 10,000 bbls. jhetroleum of mess tor $816, 9, 200 and 200 do. 1 850 boxe loge. and i} » Dressed 3 a anaes "India nciude | . aver. | on private ast | t Cc. 100 bags of The sales to "20, 9c. 8 SA Cc. t up about was decid- coast. Britain, 3,400: t receipts, Sates, in firm at turpentine h 25, 1874 and; sales 4. Is. : Wheat, 187 mnie 9. id nighied 1, 49596. for J00 bushels mand wand 0. 2 an for at Wo. a L STREET le in stock | appli | | experienced attorney ; cxpert in bankrupt | $1.00 _FIN The possditity Of @ new tssue of af inconverttbie paper I regard with amazement and anxiety, and, in my judgment, such an tssue would be a detrt- | ment and a shame,—CHARLES SUMNER, ALT TBADERS DEPOSIT COMPANY, 8 LIBERTY street; money to loan on approved securities. uGusT RELMONT & 0. jankers, 19 ani ‘assau stree issue travellers) credits, available In ell > world, through Ne ee Messrs. De Rothschild all parts of the | o | and thelr cot Aa a Sonia create and ielegraphic transfers of m Calltoraia, money on Kurope and Havas HAZARD ONTAGUE, NO. 6 RRUAD STREET, | Ay BAgRRRS amok A ‘init WKrERENCES. | AL \ RENCES, MAILED AND QUOTATIONS SENT TO ANY ADDRESS’, =STOGK PRIVILEGES—$0 FOR % SHARES, gin | + for 100 shares of any stock at lowest market rates. The only safe method of operating in stocks on limited catia fay, explained in pamp 1. Bankers and Brokers, 39 ee stroce, New York, PARTY WILL GUARANTEE #0 PER CENT IN cash, and will give unencumbered real estate se- curity for double the amount, for the loan of $2200 tor | two Address INVALID, Herald office. | " —LAPSLEY BAZLEY, BROKERS. 7 BROAD. | # AS Bais: ALSO PROAL ibrnovin "co: CON. URNS! WITH, iE WEVERENGES 5 MATLED | LAPSLEY. Bag LE} ADWAY. T_ REASONABLE RATES—MONEY oN i LIFE AND Endowment Insurance Policie: int ae other Securities; insurance of all kinds ¢ best com- 3. J HABRICH & CO. 117] Broadway. 100,000 TO LOAN, IN SUMS TO SUIT, ON rst class dwellings and to purchase mortgages; ire ele i le atl West ster county, Ww lerney JACOB uO D De WYOKOFF ac oe Broadway. NY ONE WHO HAS $300 OR $500 THAT THEY will loan for 8 few mouths with & liberal bonus. Please address CAPITAL, box 180 Herald Uptown Branch office. \OMMERCIAL WAREHOUSE CO—CASH CAPITAL, | $2,000,000.—Bankers and merchants; banking office, wilh atreet, commer Exchange place m. warehouses, | Atlante Dock Brooklyn. Gash udvances made on hrst Glass securities on Uematd and. tite. Cash advances made on all kinds of merchandise stored in our own warehouses on favorable ta ferme, PAUL J. ARMOUR, Presiden: JOaH F. NAVARHO, Vice President. JOHN ‘att, Second Vice President. FELIOIANO LATABA, Third Vice Fresident, our, Wm. D. Bow a, =. H. Delamacer, | arro, Fella Jim J PP ae phy, . TLLIAM TOBIN, Superintendent of Waienousse:” James Ciyyx, Secretary. Cuime THOROUGHLY PROSECUTED AND LITIGA- tion conducted without fees, unicss successful. by an Icy oases; ex: x 2,579 ‘Post rT 4 Tory cide TO ANY ADDRE! cellent reierences. Address LAWYER, ALWAYS ave MONEY TO LOAN ON GOOD NEW York city Moi without bonus. Priucipals de- sirmg 10 BORRO' OR INVEST Apply to H. &. GRANT, 63 Exchange place. _ Jocadon re, aT future Shia tRamae ae dissolution of partnership or real extata for terest: meron thot Inve | Uon solicited. ge on ¢ atane CHARLES EATO: 98 Liberty street, New Yor! phiet delivered tree on | = F oF ay at miles from this © | dean Mong a good business’ & inter For full artculars areas Sota S tioktn th Hes Niuctsenth street 88 FOR S4LE-THE WHOLE OF ONE downtown, Restaurant: ansurp doing fine busi OTEL BUsrrEre RE. RARE CHANCE; COM- i = lease chea bo jed by owner to ‘aoe hen the new Astor F’ id tel. Apply at 27 Third avenue. ANUFACTURING BUSINESS IN IRON IS OF. p pnee mop having oe C7 oe captias ot ob EM: vera Pai mi busi- (no others potieed) to STMENT, box 218 Herald office. | Panter WANTED—IN A FIRST CLASS BAR AND Restaurant doing « good business, ccoupyee fi entire house; tully furnished; small capital required. Apply at No, 54 West ee aaeeaen it ARTNER OR WI! iE Lager Beer and Chop. House, sitaared on @ leading oroughiare, adjoining “Grand Central depo hance; one of as fine business locations ae in the efty’ a dress BENS SON, box 106 Herald a Branch office Partmnent of the Dusiness, Heierences exch . R. C., Grand Central Hotel, New Yor pranovonre, $290.—A PARTNER WANTED IN AN, important "branch of Pianoforte manufacturing 5 business established and permanent. Keterences, Ad- dress R, 8. T., Herald of QILVER AND LEAD SMELTING WORKS—C bo gad tn, Cpavatien, on line of railroad, OMPLETE C Be seen at any tim po HIGGS, CARLETON & CO., 98 Broadway. T° eine —A RARE OPPORTUNITY OF- fered for invecsme e that will pay very largely im an enterpi al ted t will bear the Strictesc investigation. For particulars addrece ENTER- PRISE, Herald office. W AN PARTNER, WITH $2.0) OF $3,000, IN AT Eld oetablishea basineses hisis no hantug" oat opportunity | for the’ right man. Address! INGS, 41 ty Eights avenue. Ww TED—A PARTNER WITH $1,500 AS CASHIER and bartender; to the right man a splendid chance. 88 Chathain street. ‘WANTED—A PARTNER, WITH | $5,000 OAPITAL, TO engage In the distillery business: can commence 000 made each Address BANK, business immediately; trom $10,000 Year; undoubted, reference require Uptown Branch office. WA STED— 4 PARTY, WITH $3,000 OR $5000 ‘CASH. for a legitimate business enferprise tha sure fortune: more than $1000) already made d a orer, owner. Address PROFE:SOR, Herald Uptown Branch office. 300 busi! it ted at Philadelphia, ‘that will’ S300. beewt tile caret ae make $5,000 first Particulars at 138 broatway, room, New Y CASH Wilt PURCHASE ONE-HALF OF; HAVE FROM A CLIENT OF MINE $150,000 ‘TO loan on New York city first class private Dwellin also eet to buy Mortgages. Principals address T | TORNLY, box 1,241 New York Post office. PERSON OF EXPERIENCE | $300.-maN Dai aealant of a restaurant. vith ; to such @ chance Is offered. Address F., 34 Live: ine rooin 25. y fONBY TO LOAN, IN SUMS OF $5,000 TO $50,000, ON approved reat ‘catave security; applications trom principals preterred ; nus required. ALLEN PuOWwE, No. 6% Pine street. 300 Ax, SERVICES WILL BUY HALF. IN. terest in a first class Business, clearing $8000; eariy. This will bear fave omtee, NS Partioulars at sNBERG'S Real Estate office, No. 1,241 Broadway. ‘ONEY TO LOAN ON BOND AND MORTGAGE ON city and Wpichener county Property; first and second Mortgages bout Copia 2 DAVENPORT, 18] Broadway. _ HE ILL ILLI (O18 CENTRAL RAILROAD COMPANY offers at par and a premium of one per cent (101 per cent), with accrued. interest, for any of its Construction Mortgage Bonds presented 'Gr_ prepayment prior to July at the offices in New York. Nahe outstanadnie balance on {ts construction mortrae debe ie bom SF ‘These bonds mature April 1, 1875. RANDOLPI, Aaiaant Treasurer. pausr, Fe FUNDS TO LOAN ON BOND AND MoRT- age on New York improved Propert; dwellings preierred | one per cent commission and attor- ney’s fees for searching title: second mortgages cashed. GALLENDER & LAURKNO: Vine street, mpacst ST BO LOAN—ON NEW YORK CITY IM- prov Estate, without bonus: money ready. Apply with cre First and second mortgages cashed. ELOW & LOCKWOOD, 54g Pine stree! pause FUNDS TO LOAN—ON NEW YORK OR Brooklyn Property, without bonus Second. and Leasehold Mortgages cashed. A.M. JOHNSON & BRO., No. 5 Dey street, near Broadway. E HAVE TRUST FUNDS TO LOAN UPON REAL | estate for five years.. Owners will find it to their | advantage to call upon us, ‘ARD & LEAVITT, 54 Wall street. 'ANTED—$3,000 ON FIRST MORTGAGE ON FIRST class House and Lot, situated at Plainfleld, X. J. Address, for two days, A. 8., box 4340 Post office, N. WANTRD—FOR 5 YEARS ON CHICAGO roperty, worth $2,500; 10 per cent. Ad- ress LOAN, Xustin, ti. it | ‘operty now tree and clear and worth | (4,090. MAR Apply to TIN DUNN, 22 Broadway, near Fulton stree! $7 50 FIRST MORTGAGE ON VALUABLE property in a worth $: for sale at a liberal al duecou goo) Hest on nett prop- erty, worth $10,000. wd PATPBERG, 26 Broad iway. TO pee ON NEW YORK r county MUEL ACK, 3152 sr Thea avenue. $9.000. % $18. 00 SECOND MORTGAGE, FOR SALE mmortgawea jamitvaliow ir discuamt. Address L., box at 4,251 TO a Gh el BOND AND © 925.000, Scar os Sree eee $a GUD sa ait on vans fie ivan proved omer hae Apply to F. 8. DRISCOLL, Pine street, room 1 this BPA i) toe of $5,000 $125.00 § EE 4 svltiot boty brit ng ear WREY, 162 Broudway, room 9. $250.0 000 10,LOAN EX, SUMS TO sUTT. ON improved city Prot no + aulred ones lp ccpanes sty Peeper tLe Insurance Company, 168 ‘Broad way. 355.000 10, LOANzoN, BOND AND MoRT. gage, on New York or Brooklyn im- roved or untmproved Property, or to buy first or ‘yecond lorigages; also a PRR for'Loans, DREYFOOS, No. 8 Astor Honse. COPARTNERSHIPS. HE COPARTNERSHIP HERETOFORE EXISTIN between John Schuster and William Reichert, under the name of Schuster & Reichert, o: New York city. is this day dissolved by mutual consent; debts due to said firm are to be received by said William Reichert, and all demands must be presented to him for payment; Wilham Reichert only is authoriand to sign in lida! ndation. 1 WILLIAM REICHERT, New Yorx, March 25, 1374. SINESS OPPO “\ —$00 TO $100 CAN BE INVESTED MORE SAFELY + in stocks than in any business at the present time; dysiem fully explained by calling or sending for our pamphlet: ire, TUMBRIDGE & CO., Bankers, 3) Wall street, New York. LARGE HOTS ness; profits $8 for selling; $10,000 “era pOrNE A FLOURI3HING BUSI- | NUM ; satisfactory reasons nce ed "Yio Nassau street. OMQVIST, ADVERTISER, WITH $10,000 TO $1500 CAPITAL, desires a member of stock Exchange as partner; of | Wil take an interest in & good stock brokerage house. Address R., box 153 Herald office. A RARE CHANCE FOR “BUSINESS MAN, WITH ZA small capital of $350; will purchase factur- ta, $75 eekly. cual at once. ing business; sure Ai YERSDORFER, {4 Chambers street —PARTNFR WANTED WITH IN A MANU- sin agturing business: capltal to All cash order: party over per nak Profits, Address own Branch office, EA ag contol raid U A PARTNER WANTED—WITH $1,000 CASH, TO join & frst class variety company ai Already Organ ized ai ady to start at once, Apoly Y PEST, 746 Broadway. room room 3. A GENTLEMAN IN GOOD STANDING, WITH $10,000, to take the office of president in a manufacturin; re" profits large and sure. Address L. KR, Hera) % ee saa eet od FOR A BUSINESS first class Hotel Ming Health Institution, with "mineral woring . S attached, or exchange for city or near oy Bro erty. These Springs have effected wonderful cures are well and tavorably known, boa afford Boag Gee brid to any one seeking a sa! partner would nd prot cash busi taken with « tare Or halt intere SAYRé & HALSTED, 1@ Broadway. As FARINER eA aoe FROM $10.00 TO 00, inthe eo shgehamtleals: the al 2 complete runni ley near xis jemicals are cash SAYRE & HALSTED, 162 Broadway. GBNTLEMAN WILL INVEST ABOUT 96.000 OR and give his time in any genteel bi i will Bear re avedtignsion. Prine! ipait only ly y need address reas Ae Le FIRM, HAV! ree AND intraily located store in Boston, well adapted tor exhibition of machinery and manufactured Fonds, would like the New England agency of some well manufacturing company or whose ods are ney: and favorably known. An agent house is Row In New York, and will call on correspondents notit April.” Address JOSRPH Rat Westminster re in the b territory. at once an nd fewest Pate coin money ; ware 20 gait everywhere ; 100 per cent profit, 385 Broadway, r YOUNG, WIDOW WISHES TO FIND 4 GENTLE. man or lady to lend her K, joe ae Cae hada ai oF Wout! DWYER bor tigth avenue, New York. PARTNER WANTRD-—IN aint acer ante ness of stead: Spoor. neal Iv, clear, Arehable person with, $200 cash may address J, box 11 Herald office, OT ROKERS AND COMMISSION MERCHANTS—DO B you want an active young business man (American) work for some int have Boal. ‘tner, OF rest? pane Ing. to work, A Dara; am well ed tal but am’ will nish undoudter an and ci gases Ad ‘adress AM ‘AMIITION, box 104 Herald office. 70. LOAN-ON. BBAL, Estat IN | tionment to revise and. redetertuine the appre '@ | maining three-tourths of the year. $700 —A PARTNER WANTED, WITH THIF e, Amount, in, an old established produce, pro- vision and general market business. Apply to J. W. Epes tes ye an} I Duane street, corner of Broadway, first’ oor. 1.200 788%, CASH, BALANCE TO BE PAID, wee '« out of the business: Co partner in a good’ ing business, now in full operation. padi di ara ORTON &@ CO. 697 Broadway. ++ + The possiditity of a new tssue of tnconvertidie paper Iregard with amazement and anciety, and, in my judgment, such an issue would be a detri- ment and a shame.—CHARLES SUMNER. HORSE NOTES. There are few changes to note in the stave of the odds at the American Jockey Club rooms. Grin- stead was taken at four to one and Astral atsix to one in the Withers Stake. In the same stake | $5,000 was wagered against $250 that the Im- ported colt by Thunderbolt, dam Killarney, would: not win, In the Belmont Stakes, Battle Axe and Steel Eyes are taken at six to one. There have been nochanges in either the Travers or Kentucky’ Stakes. Messrs. Hunter & Travers have refused $14,000 for the two-year-olds King Bolt and Austra. lind, the latter a full sister of Joe Daniels. entucky stakes at Saratoga, are beked for both events in the betting books, ‘The spring meeting of the Sacramento Jockey Club will be held the first week in May. Monday, by Volton, dam Moilic sackson, the sire of Battle Axe, is now at Alameda, Cal. ‘The San Franciso Chronicle, of 18th inst., states: | that «nothing has been settied as yetin regard to the four mile and repeat trace between Thad Stevens and Joe Daniels.” “CITY TAXATION, Comptroller Green on Reduction of Mu- nicipal Expenses. din both the Sara. $6.000 pr ee BOND AND MORTGAGH; | Fae el Reptacky , taken, Sty GaRatpetiy Of s The following communication wa: yesterday transmitted to Mayor Havemeyer from the head of the Finance Department :— Crrr or New Yorx, Devartnxnt or Frvax Gomprrounen’s Ovvicz, March 25, 187 } Hon. Wittiam P. Havewernn, May. Sin—On the 4th of February last you wansmitted to the Legis’ ature two bills, anthonaing: the Board of iieie sprlations for the year 1874. and stated, ina com: Legit t “the interests of the re th: they be acted upon at the earliest practicable period. These bills, which were presented to tae Senate on the 1o:h of February, 1874, have, for their sole end and object, the reduction of taxes. Every taxpayer in this city waa nnd is interested in thelr early pasauve ‘A series of inquiries relative to the subject of these | bills based on a misapy rehension ot the face were Bro- | posed by the Seni ‘the Mayor atx Comptrotl the subject “of these billy which, were prompuy au: te ‘© most iporant bills, which have been for forty-three days before the Senate, have ot Set been re- ported by the Commitee on Urues, to Whom they were ferred. Feqlready one-fourth of the yi has paged, and the Byers week's delay proportionate reactions can on! prevenis the reduction of taxes tor 1576. Tf these simple and just bills are passed the taxes can | be somewhat reduced. | “The urgent need of immediate action being takenis ob- | yious, and I respecttully submit the matter to your at- Very res) onal fentton. Very Te-PeDREW H. GREEN, Comptroller. CITY AND COUNTY TREASURY. Comptroller Green reports the following dis- bursements and receipts of the Treasury yester- day :— DISBORSEM: Claims paid oe of wi io ith a amounting to.. $110,060 From arrears of tases, anscas 800 fection of asscesinents and interest From market rent 235 From water re} 20T From Heences: Mayor's Office 33 | From saies of indices of record: 629 From fees and fines, District Court 8 Total... ssesesees 861,002 ‘The Comptroiier paid yeaterday, through Pay- master Falls, laborers on ‘small pipes’’ $19,804, “REAL ESTATE, _ There was a fair attendance at the Exchange Salesroom yesterday, and the following sales were made :— By William Kennelly—By order of the Supreme Court in ioreciosure, the three awry high house and lot, 17x! street, 187 eet bth avenue, and known as No. 2 West Pitty. ‘Hirst street; to ba ‘Osborn for $2.50 over 01 ‘and interest of $18,900; and above fietinarey oe story Brick houre and ieecharias the east sde of Hudson strest 13 tect hors of Morton Bieels and known as Nor 4st, "to Willian Hawkins for A. i Fleeghte, Son Son & White adjourned fhe foreclosure gale of and lots oe on Henry, Monroe, Water and South sere streets, to April 8 J. Johnson, Jr., sold the following property in Brooklyn on Tuesday :— The three lots, each 289x100, on t! Bh ea sien he 3 ot $0 tet south: He, SEIU, to O. Mill south ‘al ‘we lots — + Geen side of Stenben 28x 100, west j feet north of iuyrtle Grgaue, to J. Hanscht oni ot op "ue, east side. gt Steuben trees, pe py of Park "eau hee and ‘h Sita’, Es hot feecrreeerts vee Sead pees! Ie gn the to excheaas order ot Uren ra! ante ‘street, to John aia For $7.00; tore and lot, 1! zoiEven rent 110. Doheny, THE HIOKS STREET, BROOKLYN, ied The condition of Mra. Elizabeth Deianey, whose face was so terribly chopped with a hatchet by her husband, Denis Delaney, in the tenement house on Hicks street, near Congress, on last Sui week, 1s very critical. She isa woman of 6 buiid, however, and the surgeons of the Island College 9 Hoxprtal, wnere’she now ties, he some hope Of her surviving, tho has set in and the brain may become affected. The hasband of this woman, it wtil be remembered, as saulted her while asleep in ai own life by catting his throat roa aa taen cone ui