The New York Herald Newspaper, March 30, 1874, Page 8

PINANCUL {ND COMMERCIAL APlain Statement of Facts Submitted for Con- gressional Sober Secoad Thought. "The Means Whereby Relief May Be Given to the Suffering Industries of the Nation without Dishonor, ‘Regults of the Week's Action in the Several Wall Street Markets, The possibility of a new issue af inconvertidie paper I regard with amazement and anxiety, ana, in my fudgment, such an issue would ve a detri- ment @ud a shame,—CHARLES SUMNER, WALL STREET, SunDay, March 29, 1874. ‘The week which closed last night has witnessed the greatest degradation of American credit that 148 possible to couceive until we reach the con- clusion that the entire nation is suicidaily bent. | A Congress chosen by the peopie from the people | deliberately enacts @ law which is neither more nor less than highway robbery. The constitution of the United States expressly provides for the | sanctity of contracts; but this present Congress steps in, and, overriding that sacred instru- ment, undertakes to violate the secured character of every existing contract by changing the quality of the value which reguiated itsengagement, In Other words, it assumes to say that the payer in ‘Che contract, failing in the acquisition of the neces- sary tokens of exchange to meet his required pay- ments, may say to the payee, “I have not enough Of the old form of money to meet this thing, but will give you these (meaning his own notes); they are just as good.” Tuis does not meet the consti- tutional requirement, bat CONGRESS BYLDENTLY A: THE CONSTITUTION. Perhaps itis. That is for the President to de- dernmine. Upon him rests the responsibility. In tunis connection a story told by a member ofan eminent law firm down East 1s pertinent as an iNustration. This house was largely engaged in the collection of bills from fishermen who pur- chased their necessary supplies and tackle on credit aud were dilatory mm their payments. A concern which had made large credits in this way ‘Was suddenly precipitated into Uquidation. Its bills receivable were at once put into the hands of the law firm above referred to for collection. Applica- tion to the debtors of the class spoken of ior a prompt settlement invariably provoked tus reply; “Why, | paid that. I don’t see why you want to bother me with {it sgain.” “You «id?? “Yes, I gave my note ‘or it.” This is precisely the char- acter of present Congressiona! legislation, with Dut one diference. The ignorant fisherman really thought, when he bad given nis promise to pay, that he nad given value; but the mind must sink to a lower recognition of the standard of Con- @ressioual instinct than is compatible with a respect for republican ins cepts this explanation of recent Congressional action, Now, FREE BANKING, IF PROPERLY UNDERSTOOD and applied, would have furnished the opportu. nity of avoiding such reckiess legislation, Those who opposed it as an inflation measure simply Misunderstood it. Is is in reality, properiy di- rected, a road to specie paymenis. Thus, wuder the operation of th present National Banking law, all restrictions respecting the issue of currency being removed, but the guards for redemption maintaimed, no currency eouid be issued that did not have 20 or 25 per cent of a reserve of legal tenders or gold behind it. To commence with the legal tenders. Fixed at the Mmit of 356,000,000, which represented the pledge of the country that they should not be increased, the bank currency would ve limited, suppesmg the entire amount to be in the bank vaults, to four times the amount of jegal tenders that were held by the banks in excess of 25 per cent of their deposits, Thus the bank averages yesterday showed the deposits in the associated banks of ‘New York to be, for the week, two hundred and thirty-nine millions and tiree quarters, or, in exact figures, $239,780,000. The banks are | compelled to hold 25 per cent of that im legal tenders or specie as a reserve, This 2 per cent in the present case would be $59,922,727. The entire amount of legal tenders held by the banks yesterday was $66,614,325, leaving only $6,651,598 as the basis of circulation, which being wholly availed of ‘would only permit $26,726,392. Tiis, of course, takes bo account of the SPECIE AS A BASIS OF CIRCULATION, ‘Decause a currency based on a 25 per cent coin reserve is as good as goid, and when we come to issue currency upon such coin reserve we shall Dave reacued specie payments, It is equally man- Mest that the entire legal tender circulation of the country cannot be gathered into the banks and remain there, any more than could the coin cir- culation of the country, ii we were on a specte- paying basis, de so garuered. And if the legal tenders were fixed at a determinate limit, if the President would put bis foot down and say Con- gress cannot go beyond $356,000,000, then essity of hoarding coin as @.basis for the issue of cur- rency. When such issue was thus based upon a coin reserve of twenty-fve percent it would be equal to coin as long as it was not in excess of the Tequirements of business. When it was In such excess it would be presented for redemption and be retired. The government, when the banks were thus strong in cuin, could begin to retire green- Dacks by accepting a portion of them in payment of customs duties, thus stimulating the banks and adding to their coin reserves, We might in this tiie banks would quickly see the ne way WORK BACK TO (CIE PAYMENTS by an automatic movement, which would be re | sponsive to the ability of trade to sustain it, but rrupted by any sudden exigency, Wnich if ever ii ‘would never culminate in the great shame so recently wrought. Better universal bankruptcy, than nations! disnonor, Alter bankruptcy comes settlement, restored confidence and @ fresh start; but alter a crime such as is proposed of issuing new irredeemabdie promises to pay will come what’ A dent has reason enough to justity him in opposing the will of Congress in tnis matter, if he has the manhood. This legislation, notwithstanding the time consumed in debate, has been entered upon ignorantiy, misuuderstandingly, without a full comprehension of itS demoralizing tendency in respeet to ali raiues, witho any clear exposi- tion of its degrading character. lt the President will but give Congress the opportunity to review its own action the chances ar ly in favor of the hope that its sober second thought will aunoi this criminal legisiation, It has been largely in- #tructed since tts laat action by the indignant pro- | test that has come up against that action. THR WEST AND SOUTH LABOR UNDER A GRAVE ERROR, which, if ex clamor for the p plain that the manufacturing interes are antagonistic to the agricuitnral interosts of ‘their sections. Never was greater error. The manufacturing interests of the East rest upon the Production of the South and West. Votton and grain constitute nation: harvest and form ‘the basis of our national prosperity, fubsidiary, But in the thought to the consideration of fi which, with Many of ther anclai problema, is their sole business. And thus they are conservati Besides, they are nearer to the countries of the Old Word, a higher conservatism rules and the friction of thonght born of closer interconrse than our Western brethren enjoy shows elf in their views upon financial matters. But no men Know more thoroughly, see more clearly, or believe more firmly jn the unity of the interests of this great conntry then the Eastern financiers ‘The first regiment that merched to Washington to support the Uuion came irow New Engiand, and UMES TO BS SUPERIOR TO | tutions when it ac- | telligent understanaing can believe Western Union luge. The Presi- plained to them, might abate their assage of this measure. They com- | Sof the East All else is | st men have given more | a7 ‘NEW YORK HERALD, MONDAY, MARCH 30, 1874.—TRIPLE SHEET. } the first poem of the war that fired the peart and | stirred the pulse of every man throughout the country was written in a single line by a New Engiand Governor— Handle tenderly the bodies of the Massachusetts deaa. The dead Sumuer speaks from his grave as eio- | quently now as did the living Andrew then, There ts the germ of disruption in this legislauon as there was in slavery. Slavery precipitated us into a civil war because It violated the national conscience, and the people had determined to drive it out or those who countenanced it. By be- coming the aggressor the soutn only changed the character of the struggle—the struggle itself was inevitable, THIS LATE LEGISLATION VIOLATES THE NATIONAL CONSCLENCB im the same way as did slavery, and if it be not re- versed 18 certain to bring upon us in time the Same ills, Why not substitute free banking as here explained—a redeemable currency, having its pivotal point in a fixed, determinate quality of value, with a steady progression toward specie payments—in place of the reckless legislation that takes a further step away from that consumma- tion so devoutly to be wished? It would meet tne wants of the South and West better than this pro- posed measure of inflation tn the issue of more greenbacks, a8 these greenbacks can only find their way into circulation in paymeut of govern- ment obligations. Now these obligations are not held to any great extent West; thus this money will gravitate to the East, and will only find its way West and South when the West ana South buy it, Free banking would enable the | West and South to create their own currency 1 they have the value upon which to base a circuiation. If they have not, as well ask the North and East to tax themselves to give a money gratuity to the South | and West, and better, than inflict upon the country the uncertainties arising out of the assumption by | Congress oj the power to issue irredeemable paper money which in its very anticipation extinguishes all values. Again, these local banks would revolve | around a local redemption centre, and when cur- rency receded irom that centre if it were redundant it would suffer discount and be promptly returned | for redemption, We might also have A NATIONAL CLEARING HOUSE, made perhaps a bureau of the Treasury, to facili- tate redemption as well as furnisn a guide to the several banks of the limit of a successful or par issue. It seems to be admitted on all our present non-specie paying condition into @ coin relation, We must have an tntermediate | state. Free banking, properly considered, will supply that intermediate state; and if the Presi- | dent will only rise to the dignity of his office | and the grandeur of the opportunity afforded him he will throw this $400,000,000 bill back upon Con- gress and say to the representatives of the people, “Gentlemen, surely your united wisdom 1s capable of something better thap this.’ The possibility of a new issue ef inconvertidle paper I regard with amazement and anziety, and, in my judgment, such an issue would be a detri- ment and a shame,—CHARLES SUMNER. TEE STOCK MARKET | during the week was agitated by this legislation, but in reality moved responsive to other causes, Western Union Telegraph was advanced upon large dealings in anticipation of a scrip dividend, assisted, of course, by the inflation action of Con- gress, as itis impossible to conceive how any in- stock to be worth more with a scrip than Without it. The serip dividend would be | only @ confession of its inability to pay a cash dividend, and, this being admitted, | the declaration of the scrip dividend really weakens the stock rather than strengtiens it. Itts out- | rageously high anyhow. Telegraph experts say that they could duplicate its entire service to-day | for one-quarter of its present assumed valuation; ) but in the absence of any exhibit on the partof the | company those who put their money 1n it do so in Much the same way as they would into “keno,” | With this difference, however, that there is room Jor & grave suspicion Whetuer or not it is a square game. The argument is made that having in- curred a heavy expense on account of their new building the company has aright to issue a scrip | dividend which will represent tnis outlay. This is all humbug and VERY VANDERBILTISH. Ciphered down it simply means to the stock- | Mil holders, “Gentlemen, we have incurred this ex- pense and used the money that ought to have gone to pay you dividends, We will, however, give you a piece of paper as evidence of this fact. You try and sell it and see if you can’t | rope im the general public to take this bur- den of expense of your hands.” Tms is what a scrip dividend means. If anybody likes it and thinks it will pay let him go in and buy the stock; | he will get all he wants to buy of it. Erie nas stag- gered along during the week under various de- | pressing influences both at home and abroad, and the general railroad lst, although stimulated by the inflation purpose of Congress, was injuriously affected by the general decrease of earnings. Erie suffered, of course, in part from the strikes on the road, but also from the conflicting rumors which prévailed in regard to the new loan in London. RAILWAY MORTGAGES found Increased strength from recent events, being influenced earlyin the week by a buoyant move- ment in Union Pacific incomes, which the company is now offering to exchange for a twenty year 8 per cent bond, or 7 percent sterling, secured by | | mortgage, which is a third lien on the ‘road and a@ second lien on the com- | pany’s lands. The first coupon is to be adjusted by paying holders the difference in cash, so as to make the amount received the same as on the incomes. The bill in the Missour1 Legislature to extend for twenty years the $1,500,000 bonds of the State advanced to the Hannibal and St. Joseph Hwilroad Company at the time of the con- struction of that road has become a law. The Chicago and Northwestern Railroad Company have 00,000 in London on their consolidated secured $ 7 per cent gold bonds, STATE SECURITIES were extremely quiet during the week, with some , at lower figures, as the principal feature. A well informed authority upon this question says:—‘It is reported that the Court will reserve its decision till next term upon the question regarding the Bank of Tennessee new issue of notes, and the opinion of parties well in- formed at Nashville is that it would be so long before these notes could be decided in another suit | to be receivable for State taxes that they are | practically of little importance, as the occasion of few transactions in Tenness any probable decreasing in the revenue.” GOLD TOUCHED 113'4 during the week—that is, greenbacks receded from their previous value, because of the inflation measures of Congress, and it took more of them | to buy gold, notwithstanding the fact that Secre- | tary Richardson came virtually to the support of the inflationists by selling $500,000 more gold than | advertised, The effect of the sale was, of course, to limit the advance that would have necessarily ensued from the inflation measures of Oon- gress, by interjecting into the market in regara to what he may do next week the same uncertainty that he broaght to bear upon the legal tenders, rather than in bailding up. Jt is, however, a con- solatory reso know that say about the the people bave som rpety tion of imbe have already a remarkable qnality. cannot go on forever as we ha 1 WOULD BE WELL FOR THE DOMINANT PARTY to bear these things in mind.. They have their financial vaiue as they have their political value, hy they are mentioned here, First—The average public sentiment of the country is on the the side of morality. second-—Honesty in the transaction of tustaces | is tue rule and roguery the exception. Titrd—A note of hand—that is, a promise to pay— among American business men is looked upon as a sacred obligation, and while an extension .of \ilme Jor the paybyent of that note would be readily.) Truly, our eminent Seeretary isa great man—the niy troubie about him being that his peculiar talents ron in the direction of tearing down things ce in our republican system to ething to ity in the management of governmental affairs, and the chances of that popular review of thia matter | We certainly limped along | during the last twelve months, and ifthe President does not come to our relief the people are likely to make some very startling changes. Aeame an a creditor to a eavies, the multiplica- | tion of such notes, when the inability to pay them had been admitted, would be regarded as a crime, a fraud upon the previous creditors, Fourth—No credit cau exist where there is no remedy for @ default. FUth—Chicanery on the part of any business man, m however slight a degree, destroys his whole credit, And Lastly—If a business man ts not able to pay his debts he cannot certain!y expect to reach the | ability to pay them any more quickly by increas- ing the amount Of his outstanding notes. ‘The venerable Abraham Lincoln, the martyred President, whose homely but strong utterances have in them a@ flavor of the wildwood thav shames the periods of those who have succeeded him irom the unbuilt sections, said in ene of his Presidential messages, speaking of the public debt, which was much less than it is Dow— PAY A LARGE ONE.” Quaint, commonplace philosophy; yet that is just what we want now. If the dead Lincoln were seated in the Presidentia! chair to-day he would not hesitate to reflect in his act of veto the senti- ment of the dead Sunimer as expressed in his last speech. But have we no living hero who will take upon himself the responsibility that neither Lin- coln or Sumner would have shrunk from? Will the conqueror of the repellion—the man who uttered the memorabie words, “I require an unconditional surrender’—quail before this cor- poral’s guard of demagogues, whom, if they had assailed him in his army career or molested him at headquarters, he wouid have sent to the guardbouse with the same impartiality as though they were unfortunate sutlers obstructing the business of the department. Or will he have the courage to stand before this uneasy tide of Con_ gressional legisiation that is criminal through in, comprehension, and say to the Senate and House of Representatives, “Gentlemen, I have no policy to urge against the will of the people; I will post_ pone action upon this matter until the will of the people can be learned, and thus veto it??? FOREIGN EXCHANGE has gained firmness from the anticipated results of Congressional action upon the gold premium, The first effect of inflation in the House was depres sion, as buyers held off, hoping ths Senate would annul such action, but when the Senate was found | | to be committed to the same policy there was a | sides that we cannot hope to step from | ee general advance. MONEY throughout the week ruled easy, notwithstanding the demand from the country to meet the April settlements, the highest figure being 5 per cent. Commercial paper was less active. THE BANK STATEMENT does not show the decrease in reserve expected. | The banks now hold $19,410,075 lawful money in excess of 25 per cent of their total liabilities, which ig only $543,225 less than that held last week. The changes in the various items need no special com- ment. The averages for the past two weeks, with resulting differences, were as follows:— March 21, March 28. Di; Loans...- 285,866,200 $486,177,500 Inc. $31 13 Specie + 26,696,000 25,489,300 Dec, 1,250 Legal tenders 60,154,400 60,535,100 In 400 Deposits. « 240,991,100 289,780,900 Des a Circulation. 26,717,300 26,726,490 Inc., 8,600 The following shows tho relation between the total reserve and the total labilities:— March 21. March 28, Differences. Specie... $26,696,000 $25,439,300 Dec. $1,256 Legal tenders. 60,154,400 6v,585,100 Ine, . $86, $80,400 400 $56, 024,400 Dec, 26, 00 $26,726,400 Inc, endl Dec. 1,260 Total reserv Cirenlation... Deposits. Tot. liabilities $267, 708,400 $266,45' 300 Dec. $1,251,100 25p.c. reserve 66,927,100 66, 614,, _ 5 Excess over p.¢. reserve 19,953,300 19,410,075 Dec, 543,225 THE EFFECT OF INFLATION in the stock market is shown by the subjoined table, which represents the sales made at the sec- ond session of the Board during the past week :— ————- Mareh.. ————-. 2th. oh, 26UR «TINS, N.Y. C. & Hind. iver Consol..200% IM IML, “AOL AoTyg 0144 Lake Shore 77 a 80) 7% Rook Island... 14 wre J. Central, _ Dei. Lack. & W 105g 4 Hi nL Watlash. 5 Harlem = Canton a: 3 Western Tel.. 77% 8034 Northwestern. = Northwest. pr 736 p, & 5st. Paul... 42'¢ 40. Mil &StP. pref — 647% Panama... Pacitic Mail. rie. Ohio & Uuon Pacific 6.6. & Ind. Cen Atlan. & Pac. Pi. Hann. st-Jo.. 914 . & St. J 38 GOVEENMENTS closed at the following figures:—Unitea States currency sixes, 117a@ 11744; do. do., 1881, regis- ered, 119% a 120; do, do., do., coupons, 120% a | 12144; do. five-twenties, 1862, registered, ik a 118; do. do., do., coupon, 117% @ 1184s; do. do., 1864, registered, 119g a 120; as: do., do., "coupons, 119% @ 120; do. do., 1865, registered, 11944 a 120; do, do., do., coupon, 12044 a 120%; do. do, do., new, registered, 118% a 11914; do. do., do, cou- pons, 119% a 119%; do, do,, 1867, registered, 119% a 120; do. do., do., coupon, 12034 a 12034; do. do., 1868, registered, 1193¢ a 120; do. do., do., cou- pons, 120 a 120% ;do. ten-forties, registered, 114% a 115; do, do, coupon, 114% a 115; do. fives, 1881, registered, 115 a 115}; do. do., do., coupon, 1153) all SING PRICES OF STOCKS were as follows:—Western Union Telegraph, 80% @ 80%; Delaware, Lackawanna and Western, lila | 111}¢; Panama, 115 a 116; Pacific Mall, 4594 a 4834; New York Central, 101‘; a 101% 5 Erie, 405¢ a 40443 Harlem, 129 a 150}; Lake Shore, 80% a 81; Union Pacific, 3735 a 37%3 Pittsburg, 89 a 6944; Chicago and Northwestern, 5745 457%; do. prelerred, 734% a 75%; New Jersey Central, 107 a 10734; Chicago and Kock" Isiand, 107% a 10744; Milwaukee and St, Paul, 44% @ 45; do. preferred, 64% a 64%; Toledo | and Wabash, 45% a 46; Ohio and Mississippi, 313% a51%; Hannibal and St. Joseph, 3244 a 3244; do, preferred, 30% a 404; C., Cand L C., U2 a 824, The possibility of a new tssue of tnconvertidle paper I regard with amazement and anxiety, and, in my judgment, such an issue would ve a detrt- ment and a shamne.—CHARLES PC EMER: COMMERCIAL REPORT. +E Cotton Quict and Easicr—Flour Steady— Wheat Quiet and Easier—Corn and Oats Lower—Pork and Lard Firm— Sugar Firm—Coffee Dull—Freights Firmer=—Petroleum Firm—Spirits Ture pentine Dall—Rosin Active and Firm=— Whiskey Steady. SATURDAY, March 28—6 P. M, Legitimate trade operations were retarded by the victory of the inflationists in Congress during last week, but speculation was stimulated in like * proportion. The Geiiberate action of Congress on | the currency measures, though occasioning little surprise, was received with disapprobation | throughout the mercantile community, That the national government should so stultify itself on the great question of finance is matter of sincere regret; but it 18 only a little further departure from correct principles, and is of a plece with nearly all legislation nowadays, when personal emolument seems to have become the chief motor at the seat of government. It 1s no wonder that corruption and knavery are becoming developed vo such an afarming degrce “throughout almost every deparment of the government, which ap- pears to be manipulated by asort of ring, the chief object of which appears to be the muicting of t commerce of the country, instead of being fostered and encouraged, is hampered with laws and rules and regu- iations irapossible to be understoodsor obeyed, and busi- nessis thus checked and business men mulcted of the fruits of their labor and of mes ruined. The action of Congress on the currency question was immediately | tollowed—as every one at all conversant with such mat- ters knew it would be~by @ decided advance in the gold premium. The country ts again Jannched upon a sea of irredeemable paper money, tor no one expects a veto, and there can scarcely be any fixed value for anything in the way of mercnandise, which will fluctaate in ac- cordance with the ruling of gold, with little refereace to anything else, Gold gambling and speculation will re- ve @ fresh stimulus, while legitimate ie and commerce must languish. Mercisandise has already telt tug efects of the rise in Kold, aud %aiues have fluctuated . pearly all Ns yt bagat upon iigher prices. week bore little relauon the {ndation poiley being ° principal Sommotities ‘were ¢, business Was light, ‘and hed fan Floor met with tres, Wheat was not ‘ere somewhat easier, likewise. Pork urea at the close, fr toeae cu aise generally eamer. ‘At abou, previous fg wasted 10 any'exicnt dnd values Corn was dull and lower, and. 0 <y Tess active, but the recent adva were su-raited, ‘Groceries were 4: tucur, which met With @ co iuet, wath the mtinued good dei Cotton wus only in noweras ‘and the market ‘as dul, hue Fosin | nd the market was 0 ot cotton” was dull and | ritures! ruled less acuve | er Ib. We quote :— N.0rle tou nominal, firm. , futures Geclining 3 ‘was inquired ‘or to a fair exte ruled firm. Spirits of tur met wi & yood deman quiet but stead, Corrox.The market ior drooping at lormer prices. and Closed at a decline of dye, ‘ar hogshead shooks ieee hoy: need Spooks ¢ sa fin Weigh ited Staies—Per we sugar, $475 8 $5; ot molassen 33758 3h States, sixty “dave currency, I waste on Paris, Sitier ood vrdina Low middling Good iidimg —ithe quotations quality not moi based on ihe in sto re than half a grade above or helow | grade quoted, The sales wet a "IT 18 EASIER TO PAY A SMALL S#M THAN IT IS TO | Last Eo'g. Total, 00, cs —Included’ inthe Sbove’ ure’ vales to arrive. For tu- ery (basis tow middling) the sales have been as Last evening, ailer three o’cloc atl Sle. {ho Rouse Dy FINANUIA ae —TRADERS’ : DEPOSIT COMPANY, 8 LIBERTY street; money to loan on approved securities, k—April, 500 af quin * rallow? in fair de: per er, bat Wax Yellow firm at er arrobe; white easier at $29 a Gnions nominal Coal fr oll quiet quiet, Lumber nominal. Box shooks wiet at 4a 46 reals, Ai a aete realt. ber Irpentine, c. Roan, $8 a $10 ee a a par agi ari BE, au Pate north coast of ee fort i war, $5 25 a $5 50; per hhd. 'exchan fe sulet On the United 14 premiam: on Lon- 44 136 premium, The possibility of a new tssue of inconvertivle paper I regard with amazement and anctety, and, inmy fudgment, such an issue would be a detrt- ment and a shame.—CHARLES SUMNER. Ww cerry ey oat Tova Tie at du uta? e, Harm 15 ie paid to exchange ‘500 UGUST BELMONT & co, Bankers, 19 and 2) Nassan street, isene rote wage available in ail parts ot the Messra. De Rothschild and their correspondents, ireial credits aud telegraphic transfers ot Kurope and Havab txeange i ice to-day. up 9 one B world, through Pa ‘or May. Pn) ‘ise MS tiate ‘sotice) at, Ito, 100 at I6e., 100 (short notice? 1c. 330 (short, i House) i J bi at "te 1-826. Ww, BUCLID YOUNG EC! lers a Se parebane and sale ‘of Weitroad Secul i Gol! jor cash or on margins. Member of the Biook and Gold Exchanges, office 1) New street, heh ser at 16 id-sze., 16 31-320. , 100 a ISINESS OPPOR' of? MINERAL, WATER, SARSAP. inf for sje cheap PN th oe, jet canta reatied, i ‘av, tha tees Wien 30 PU ROHASE—INTEREST FJ ‘2 P. sd in exchange for state in gersey, de 3 er oy rail trom city. ‘sdareas TEXOMANGE 600.842, CASH, BALANOE PROM ae per wonth; 8 years esi ag partner wil MORTON & CO., 697 | Broadway. $50,000. ca tamale «A CUNT nt? mene na facturing pusiness ot 38, he 's” standing; net Brot ary e and steacy:; Wadelphia, Address PRU- factor DENCE, box 176 Herald "oftleas ——--+—___ STATE TRANSPORTATION COMMISSIONERS, SAN FRANCISCO, Oal., March 29, 1874. Mr. Farley's bill for a State Board of Transporta- tion Commissioners passed the Senate last night. RA GENTLEMAN WILL SACKIPIOR A Lot oF Housebold Furniture, Carpets, &c., at private gale, at HAGEMS wareliouses, Elghih avenue, corner Thirty: fourth street. —WEEKLY AND MONTHLY PAYMENTS FOR » Furniture, Carpets und Bedding, at B. M. COW. PERTUWAIT & GO. 135 and 157 Chatham street an immense stock andl low prices A. - ® RO. 1. ALL NOP GOLD THAT GLITTERS Although located “down town,” our workmanship is ae fine as can be found “ up, town,” and, what is better, our prices'are mich fess fi you would "save money’ buy sure Your WANK RHONER & CO., 82 and 2 Bowery (manufactory 22 to 238 Hast Thirty-seventh st.) dt ae 0) Py in} bales ht foreign port were ey as tollows:—To Havre, jure, by ig a som et BY ee members Stock for this week explains how be operate, L, W. HAMILTON & CO., 48 ait Su lo. Bremen by —h MGAMILTON & CO. BROKERS IN STOCK for a “call” onany stock signed by xchange, The W x Keporter Sent road street, § New ‘York, team, S-léd. a 3 by sail, cies Receipts ~ ENerpoot ure a Salvenicn i bale New 0} —LAPSLEY & BAZLEY, BROKERS, BUY. AND BELL SPRAVIERGRSS ALSO ON “MEMBGRS OF THE PARTIES; STOCK APPROVED 227; Y, | Winston, ‘aay PRIVILEGES B45; 1,356: 1.565; Khsladed nh so Fotate brSl bales” Tils day 1 ie is day last year, 6, Seno business was reported trom first hans aud in order to have placed li TO ANY ADDRESS. uitmportant T4 BROAD- AS Y & m4 TOAD Way. cargoes, Zo. a 21s ‘ac. 5 seer erange for lou, dle. & idiee., gold, veg wa 90 days? credit; Java, government bags, 26e. 1 25¢ T REASONABLE RATES—MONEY ON LIFE AND Endowment Insurance watery Securiies; tnpasenee of all kind: J. S HABRICN & O., LI7 Broadway, ed with best com- M 28 s # 25g. 5 ‘Vamatca, (aA ‘orto Rico, 24361 6, a 3, See: v WOK, ber bey 60 and WO onibo, 24. @ 260. 5 @ 25e.'; DL Domingo, 2 c. Costa Rica, Misc. # 25} 24e. @ 25'gc.; Curacoa, The possibility of @ new tssue af inconvertidle HAZARD & MONTAGUE, NO. 6 BROAD STREET, BROKERS IN STOCK AND GOLD PRIVILEGES OCKS AND GOLD BOUGHT AND SOLD AGAINST LEG: EXPLANATORY CIRCULARS, WITH 45 MAILED AND QUOTATIONS SENT TO | § paper [regard with amazement and anziety, and, in mu judgments, suchan issue would be a detrt- ment and a shame,—CH ARLES SUMNER. Four axp Gnaix.Receipts—Flour, 10.0:2 pple: whent, rn, 84700 do. ; corn meal, 1, nd tor the week ending— ethod of Operatin: eaplial ‘fully explained th pai 47,58) bushels; cor Bankers and Brokers, 39 Wall street, New Yer, TOC! K PRIVILEGES—$50 FOR 0 SHARES, $100 | for J00 shares of any stock at lowest market rates. te in stocks on limited ee deliver BRIDGE ats, 25, 1b bags; ay at, 234,890 bushels; corn, 177,00) oa and an, dass: TTIZENS* SAVINGS BANK of the City of New York, 58 Bowery, southwest corner of Cunal street. esent rate of interest six per cent. nterest commences the first of the month following very Gay! from 10 to 3, and on Mondays | Bank books in Cogishy Gernan and French, E. A. QUINTARD, President. bushels; barley, 2 ode 8-0 bbls. at prices within the range of iN Corn meal attracted more atten- bbls. at oe eK foot up ‘About| subjoined quotations tion, and sold to the extent of Western; Biaev rns. held at $1 40 a $4 ent _Szyuour A. Buen, Secretary. rages and other | free on \ T PRIVATE SALE—IN LOTS 10 SUIT, COMPLETE A" Household ‘Furniture :7% octave Piahotorte, latest Styles Parlor Suits, covered ins satin; also rep’ Suits, Contre Tables, Bronsee, Garner sis abies i nite complete, with Dressing Vasc, Bedy Hewes Extension and Library Tables Buffer, Chairs, ‘Turkish Chairs, Bookcase, 4) pet, gent on the dollar. Call at private residence 120 West 23d street, D venue. N OFFER IS WANTED FOR THE FURNITURE and Carpets (but litle Had) of @ private family breaking up. Call at No. 317 West Twenty- -seventh ste A PAYNE'S PATENT PARLOR BEDS IN BOOK- tagere and ‘Buffet, a Sofa and Lounge est Variety in the city. Depot 40 Bleecker PRIVATE FAMILY, LEAVING FOR EUROPE, will dispose of their Furniture, at sacrifice. Magni- ficent drawing room Suit, covered silk brocade‘of the pues Gesue ens made ‘order; cost $450, for $200; do. $1), do. $40; superb rosewood Pianoforte, four round orters, *eciebruted maker, arved rosewood Oy pets, Mir ‘aintings, Bronzes, nea: %y P Wardrobes, vattresnes Extension Table Oe ena rd, Silverware, ‘dlasware, Ching. &c. W. It LIVINGSTON, 36, West isth ar Sth lA é ARGH 48 ASSORTMENT oF CARPE 'S, FURNITURE Bedding, at lowest es, by weekly in- wainente at O'PARRELL’s ebb eee 410 Eighth ave- nue, between Thirtieth and Thirty-irst streets, A. SACRIFICE. PARLOR SUITS, LATEST STYLE, Toth and sess Aanotorte, Pera plste Bedtoots gaits, clo Carpets, ibe. Privat residence, 31 East Twentieth strect, neur Broadway. A SPECIALTY IN PARLOR BEDSTEADS, ENCLOS ing wesaans, ae bureaus, with spring and ihattresses. Fhiryy-seventh street near 8 ith avenue. Also arta, Fornives, fc. “AM g el material, at reasonable ers PICKHABDE & CO. on sireet, o BRERES Surperie Western. JOMMERCIAL WAREHO i 000,000.—Bankers and merchants; banking office, m street, corner Exchange pli i ‘Atlantic Dock Brooklyn, SUSIE xtra Minnesota Round hoop Ohio, shipping brands. Hound hoop Ohio, trade brands... oo 50 25 oo 7D oo wD SLE, 2 ess Ze St Louis, straight extr: ye Louis, choice doubl - Lawns, choice aREUY J. ARMOUR, Presid 3 A NAVARRO, Vice President. Pegeremoanae ha Ss Séees Beeeereeeee —- a Prenich id Poul J. Armour, Win. D, Bowerman, am Navarro, Feliolane Latsa, aS Si 5 Sou bern, family Corn meal, Western. SRSTSE & SH CAPITAL, Cash advances made on first Class securities on demand and time, Cash advances made on all kinds of merchandise stored in our own warehouses on favorable terms, braun cer, Suan J. Jova, Heury B. Hyde. TOBIN, Superinteadent of Warehouses. dass cites », Secreta ry. a Bt Corn ineal, Jersey. .o Corn meal, Brandy’ LACKAWANNA AND Ww yn Company, New York, two and éne-halt declared on the stocs of this compa: and ater 20th of April. books will be closed A Ope of March until be terly Dividend reespesese So amen ocual eee ed 2 5 ir. partioalariy tor low moderate, We h at $1 43 a $1 47 tor w Koz Chicago, ei in- e of sales footing up 53 graded spring: $15) a 81 5¢ tor Norwest; $1 05 a $1 55: 7 $1 70 tor white ae in mores | EFAULTED RAILROAD BONDS AND us Securities dealt in by WILLIAM WARD. 2 roid street. VXECUTOR FUNDS TO LOAN—IN 5 [4 for five years on first class yate; also, slime to buy. Mortvages, Addre New York Post utlice. ATCH & FOOTE, Bankers, No. 12'Wall street, make dealings in Gov- | ernment Bonds and Gold a specialty. | ondepoait stocks bought on comission Jor cash. ALWAYS HAVB MONEY TO LOAN ON GOOD NEW | York city Mort agce, ene ney Principals de- siring TO BORKO' ‘at $1 65 and amber do, at $1 70. &nd im limited demand. Sales 58,000 bushels, for duuip ty diy new it vy for high mixed and iniged instore and. 5c. 4 $e. for Western white, Outs | Ee were decidedly lower and sold to the extent of 34,000 | bushels, at 5° * lor damaged, 59. a 62c. for mixed and 6)c, a bi choice white. “Barley and rye were in- \c nominally at previous figures, Paxtgurs—The inquiry tor accommoaation by vessels on the berth was very high to-day, but the inarket was firmer and advanced rates were paid for grain. for charter continued in demand, with, rates ruling the engagemenws were 5,000 bushels of wheat at 8d, Tact. Der 6 Ibs ; 80) bales of coi about steady. To Liverpool, steal xen IS74.—A_ Quar- Y, payable on ELL, SALABLE MS TO SU?T, city’ Rea 3 ATLOR. * Interest allowed { je place. Ear the laiter price for compressed; and by etl, 10000 Dushels of grain at 734d. ; smail lows of provisions at pre- vious rates, The char hence to a Continental port — 30) quarters of grain at hence a an oe Gaited Kingdom, 2, 6 quarters ish bark, hence to Lond etroleun at pies, 1300 bbis. or refinea pes qi 430 tons, hence to bark fept rates; an Italian. bris, 228 tons, hence to Git: general cargo. at current rates; a Norwegian bark, ‘rom Philade:phia to Cork, tor orders to the United Kingdom. 2.20) bbls. of refined petroleum, at 6s, 6d., with ‘Bd. off if to a direct port. Other charters tor petroleum were pending, 5,800 bbls. ot’ refined al ears of i provisi ‘rhe market continued quiet. of New Orleans were placed to the amount of 100 bbis., a Foreign grades were stead ‘quote :—New crops ba centritug: We. a di Raitroad siocks Seventh Avenue, East Broadway and Dry Doe! Street and Faiton Ferry, Central Park, N. and E, Kiver, and Twenty-third Street Railroad stocks, stocks an ription bought and sold on commis- H RYDER, 48 Broad street, room 15. Beas DS TO LOAN ON BOND A on New York improved Propert; referred ; one per cent commission and attor- title: second mortgages cashed, & LAURENCE, 30 Pine street Tnuscovado refining, 3! do. ci #4 BSc : Sidush Islands, %: WivaL roles —-For spirits of turpentine the market but remained firm, at 473sc. for round low. We have only to note a sale of | of Southern onthe dock at 47c. was firm at $2.59 ior good New Orleans, 0 ti chantable order, ot every ane Strained rosin The sales include :—600 buls. 55, and @ caro at Wilmington of 3,800 bbis. on pri- rades ihe sules were :—1, 00 do., on the spot, at ), aud'400 })bis of No. 1, ‘3 tees jor searchin wrt, PURCHASE AT A FAIR RATE OF DISCOUNT ood first of gecond Morizage on city improved peste rom $10.90 to $0000. “Adarese | MENT, Post oftice box , ORTGAGES WANTED—CITY OR COUNTRY, LARGE or sina; city loans 1 VEST: jade without bonus. FT, No. 5 Pine s.reet, room 1. OTICE TO CAPITALISTS—$10,00 OFFERED.—THE Corporation of-the town of Oi Quebec, with good shi water powers running tl town, ollers a free grant et $l ing company who wiil acquire those water powers and esiablisi a manufactory there, employing 20) persons; they will be exempt froin municipal taxes for 20 years Beaunarnais, Province ping wharves and splendid hone end of the sald 000 t0 any manutactur- warehouses, | H CARE TS, TERN RAIL. | ig) percent has | | chasers of their tinmense stoc | body HANDBOMB LARGE MARBLE TABLE, HAIR A. Mattress Refrigerator, Lace Curtains, Oilelowh, . Ae nearly new, ata real bargain. 13) West Forty-nintit aireet, first floor over store, Monday. (ABPETS, AND, FURNITURE AT, THE, LOWEST cash prices; weekly or monthly payments taken. $86 Third evenue, between arth and 28th streets. Furniture, Beds, edding, &c. Payments taken by the week or month, berms easy. ) KELLY & CO, cornes of Twenty-fifth street and Sixth aveniie, \URNITURE AND DECORATIONS, BAUMANN BHOS., Manulacturers, propose to main- heir established reputation of making durable fur- and invite an inspection from intending par- oi Cabinet and Upho! tery Wares. guaranteeing ull purchases made of them represented, as well as to satisty all who ‘may cail with their prices, which it would hardly be pogsible to em- Ti a"ewspaper advertwement estimates and signs furnished free. All goods bought of us boxed, acked and shipped free. Wholesale and Retail Ware- pasa 23) Hudgon street, corner of Broome. G° }0D SECOND HAND AND MISFIP CARPETS, ALL J sizes: rich patterns and fine qualities Fe hal Brus- sels and Ingrain, very cheap, at 112 Fulton street, be- tween William aod Nassau } THOMPSON'S COLLEGE, ® FOURTH AVENUE, AY oppostts Cooper Institate, Bookkeeping, writing, Arithmetic tuaght, day and evening: [adies’ depart ments; telegraphy taught practically, with insiruments, in one qu @oop HANDWRITING TAUGHT IN TEN PRI- Vale leasons—Lerms eae and guccess guaran- tei a is week, from & “ane BB, GOLDSMITH, No, 1,261 Broadway. USINBSS WRITING, _ SGC RARE] “ARITH- metic, &c., for genuemen, ladies and Bors, DOL Be CARS Commercial College,’ 1,193 Broadway is open day and evening tor new pupils. " Messrs, DOLBEAR en- RaKo to remove stiffness cramping and trembling from he worst band and to make elegant writers in afew special lessons. LLE. LEONTINE BOUNIOL WISHES TO GIVE French Lessons to young ladies; she understands yu Sento) terms moderate, Address LECONS, lerald office. MITH RYDER HAS FOR THE PAST TEN YEARS | made & specialty of New York and Brooklyn City i For sale, Broadwa} D MC ORT. rivate Parad pitch were not dealt in, save in Jobbing put prices remained without quotable change. PrTROLEUM. Athen refined the marked was somewhat Held at the close at 15%\c. We heard of saies of St4e., 5,00) DbIs pi quoted” at’ Lstge. F | Brooklyn Property, Leasehold Mortgages cashed. No. 5 Dey street, near Broadway. ‘ANTED TO PU RCMASE— N Brooklyn, First and Second Mortwages, or will make loans. Address, FOXD, 19 W ashington street, WANTED—ON BRICK STORES AND | Lot aa $0,000; and improving; no tax on ‘mor age ; bondsman undoubted. ng STEWART, 8 Cedar street. firmer at the clo: for spot or early April delivery. 5,000 bbls. spot (8¢ halt oi June at 16%0. bulk was neglecte nd naphtha quoted . The Philadelph: ‘heane quoted at 153gc. spot We note a sile of 5,00 bbls. of Sales were made on Wednesday and Of the past week, but not previously reported, s—New York 25,000 bbls. of refined deliverable UNDS TO LOAN—ON NEW YORK OR without bonus; Second and ‘A.M. JOHNSON & BRO., THIS CITY AND particulars, DL CRAW- New York. ne Ist to the loth 34 eet and from tie 15h to the a - 5 15,500 bbis. trom the 15th to “spot” at 15i¢e., ie from the Ist 7ec., and 5,000 bbls tor the last | Keports trom the oil producing | points were of a quiet market, With quotations as for | see at nitadelphter Jo) to the 1éth of April, halt of May, at i Dbis., deliveral at low ode row (Express Bu i $200,000 LOAN—IN SU. first class Mortgage: | pane Policies on Nia FO DD Bb Lib cash to buy tr ville, $1 75: Titusville, $1 as at wells; Parker's, $1 $9 bi it 110% St Union ‘and United, an Prov 1SIONS. —Receints, » TO LOAN ON CITY FIRST MORT. + $4,000 to Joan on Brooklyn Pro: Mortgages; in sums to su GOLDMARK, 23 Park 3 TO SUIT, ON Notes, Bonds, Liberty, street TO LOAN—IN Ar the week: coding, te ut meats, 10,979 do. } and tierces and 87 kegs. for mess pork ihe Inarket was heard of sales ot Oo bis of do, tor May at $200.00 | quired ; simple legal expenses, ofiice Montauk Insurance ‘Company, 16s Broad wa: a beet, #39 package: guiet but firm. mess tor March at $16 5 $16 75. Bacon—There was comparatively little demand to-day, but the market was firm. ‘of short clear at 9yc. We note a sale of 500 Dressed hogs were quiet and quoted at 7%c. a7%e. for the range of city. Beei— The iarxet was steady, and jobbing lots to the amount were placed at prices ran; i) for plein meas DbIS. or prime mess tierces, and ‘$24 @ $25 for India, do. tier es, ca $30 50 a $32 tor extra India mess. uiet, Lots to the amountot 40 bbis. 8 « $22 for Southern and $22.a $24 50 for Western. Cut Meats—fhe market was firm, and for some ‘iescriptions betier prices were reall Gf sales ot 1.30 loose city smoked hams at 12340. @ I8., a The possibility or a sing {rom $10 50 were placed at from 3 and shirt Manncwes to the advertiser, kW Purdy, 62 Fitth avenue. SUMS TO SUIT, ON iinproved city Property Bo bonds Te | BUSI ESS _OPPOK U ATIES, — new issue af tnconvertibie | paper I regard with amazement and anxiety, and, in my judgment, such an issue would bea detri- ment and @ shame.—CHARLES SUMNER, OLD ESTABLISHED MEN'S FURNISHING | Business for sale. Appiy | PURDY, late Jackson & 3 do. shoulders at Sige. ; medium to. terms: TH ibs of loose pickled shoul. 000 Ibs. Of heavy bellies on private Lard—The market for Western continued firm and a talr Lusiness was consummated tor forward deliy- ery. Sales 75) tierces for March atg 1. for April at ¥%c. und 500 tierces tor May at ¥%c._ Butter years, has a large 13-16c., 3,000 tierces SS ‘& profit of N__UNUSUAL OPPORTUNITY TO ENGAGE IN | and bioduaes beg wal be found by addressing, with references, box 650 Wi ‘The house desiring to seli has been stall pee nineny Viger and bast year XpeUsEs. Paton, D.C. lished many Was ouly in moderate demand, and quoted as (ollows:— enki ie ‘and New Jersey tancy ‘ilinols wind 10 half firkin tubs, chon TONBRIDGE € CO, halt firkin tubs, choice, Lag yarn wee Tpee, pa p! ‘New ¥. TO $100 cAN BE VaSTED MORE SAFELY i than in any business at the present tim Vv calling or sending Sv our | 0., Bankers, $9 Wall BRecker | | 142 Fulton street. WANTED TO PURCHASE. WSTED—4 TELESCOPE, WITH IN “INCH APER- ture, mounted. Aadresa, with vane and price, B. T. J., box 1,022 New Tork Post office. ANTED—A OYLINDER DESK, IN GOOD ORDER; must be low. Address, with description, W. G. B., box 105 Herald office. td V ANTED—DROP FRES*, NEW OR SECOND HAND; also Lever Shears that will cut metal three-eighthe ofan inch thick, Call on or address F. P. LOOKLIN, WANTED To Pu ROHASE—A LARGE LOT OF HOT Leadlights,chenp.” Any one itaving the same Wil stree address 120 West Twenty-sixt LEGAL The possibility of a new issue of inconvertive paper I regard with amazement and anzriety, and, in my fudgment, such an issue would be a detri- ment and a shame,—CHARLEs SUMNER. T A SPECIAL TERM OF THE SUPREME COURT Of the State ef New York, held at the Court House, in the city of New York, on the 19th day of March, 1874, present on, Charles Donohue, Justice; Joseph Wilde, | plaintiff, against the National Lite Insurance Company, defendant, Un reading the summons and complaint herein heretotore filed ot: the proceedings heretotore had herein, and_on readin; Jing the annexed affidavit of Eli‘ Beard, the receiver in this whereby 1t ap. pears to the Court necessary and proper thata notice Should be published tu this action, as provided for by Section 65 (section 64) ot article 2, title 4, part & of the Revised Stacuies, and on motion of Van Winkle, Candler & Say, the | laintihs attorneys, and the attorneys for the receiver, it is ordered that ail persony having any Slaim agaiter the derendant, the Neuonal Life inentencs Company, exhibit the suru ty the said Eli Beard, re. ceiver foresaid, at lus place of business, at No. 180 Duano street, in the city of New York, on or before the Ist day of October, 1374; and that ull ‘such persons be- eome parties to this action on or before said \ast named day, and in detault thereot that they and each of them shall be precluded from si) venedit of the decree which will le tion, and from any distribution Which shall be made under such decree. And it i fur- ther ordered that this order be published once a woek for alx months in the New York Herald: a uewspaper Dublished Iu the city of New York, and in paper, apd that the first pubiteation thor he be inate vas or petord-the Sist aay of March, 1874 A copy. WILLIAM WALSIAL, Clerk. ‘ EUROPE. AUGUS COURT DRESSES AND MANTLES, pat Petl tented, 82 Rue Neuves a (3 Chauips, of Rue de ie ‘aix, Paris, MARBLE MANTELS, a rWieonua end Michigan halt firking, do. 38. @ liemand fron, the, hotne trader bat otherwise We quote :—State factory, feos to choice, Idjgc. a I air 1: for good to choice. ‘and common to fair State dairy aC. : e. Western pastor loc. skims, tail nade, Bookn—ihedomand tair, and the inarkct was fir’ on the basis of 7360. a Tac, M4 note aa ot 334 hhds. of h rivate terms, ‘sugar continned atric. & scant good at Jescription bt given, on private terms, per 100 }bs. Refined ao jens ai 9c. asc. for stand- dy igo 2 10) rifugal at $8 69 Biattos bi Heras —Ouba renning, PARTNER WANTED—WITH $10,000, TO ENGAGE in the manufacturing of chgmcet ne works are fe and in oom order; business te ¢1 YRE & HALSTED, ie Broadway. PARTNER, WITH $3.00 OR $4000, TO TAKE AN interest in'an old established produce commission dusiness; one from the country pr: tensive acquaintance. Herald offic PARTNER WA old established market Aj SON, 9 Duane street, corner Broad ABOUT TO OPEN fe 6 Dhan Broker), wants & capitalist with $8.00 Ua a pens @ month prodt. Address elerred, having an ¢. PRODUCE, box 212 STED— WITH $700, TO BUY AN ly to J. W. THOMP. Way, up stairs. A LOAN OF. § terior (0 com . oo to prime, 7 prime to'efioi seyge Ty, fair to 8 nol Hinds. and boxes, we C eer Th 5 18" * Heo ay pt a toe, Porto er ‘o—Refining, common. to * grocery, tir to hood, Tigo. a Be. andard, Nos. 8 to 12, 63) Si Nos 1) to! 12, ey a iy - the demand eee ies 30 ierces of Carolina tor ordinary to choice and 120 bag R WANTED—WITH $600 CASH, TO Avel. For further information sedtess Tita VEL, box re Herald Uptown | Branch oilles ‘Ol SALE—TO « honest for the benefit of the rogue. Meanwhile the | to jobbing lots. c. ut rket was Sit with sales reported | of 15) tlerces on the dock at lige. TaLrow was quiet, but, firm, Sales about 70,00 Ibs. at from May in ‘ua tiomeston Yor the woek, 3.97 | easy to wutisiactory party; The inarket waa qu MAN, WITH $12,000, TO TAKR HOLD OF AN OLD established Flour, Feed Au Produce Busiiess; one of the best stands in Brookly: DYKES 4 CO., No. 5 Dey street. SUPYING A SMALL PLOOR, DI | mevountite busiiess and share the profits, “Address M sntile business and share the prot t TUYRA, Herald office. Lair bheinty SIRES rina SETTLE AN ESTATE, FORDHAM Hotel opposite depot and near Jerome Park: a rare opportunity i: fered; hotel furnished Semplors 6 Jarriages, &c,, with sx lease Jasons given for 3 arms h_ price ». ARMSTRONG, imistrator. ether et bit steady. Sales 1G bbls. ‘td Dbia. of Kicohol wt 9c, HAVANA “MARKETS. Havana, March 23, a eal Advanced | the 6, 009 boxes and the we vek, 26.500 boxes and 000 bhds. were Surar—Demand active ; arehouses at Havana and \ Fxports durin ON nade. OF Nigeb d,u00 OR AALE 618.000 Wilds PORCHASB ON1-QUAR- in 4 valuable Parent can be made worth i} douse Desiaos wood divid Aadi M. 'T., box 4947 Post office. ANTED—TO HIRB A BA MAN 1 TO TAKE CHARGE OF a yey pn en ne staves Oe ment fvilt be given. ress, (or tnterview, nenveny) ond that pao w emplo, re JOHNSON, Herald <5 SDD T a ATLY REDUCED PRICES, sivg, stock of state and Marble, Mantels | k of every description. and Sia WTA N SLADE COMPANY ¢ and Seventeentti st., N.¥ {LL KINDS OF MARBLE AND MARSLOIZED A “Work manufactured and sold at lowest competitive prices ats. KLABER & CO.'S Steais Marble Works, 217 Ww 2&8 West Fifty-frst streo', between Broasway and Eighth avenue. Diamond cu ng hi th See ae elezant ae y e eat prises Mantels Oe hv cat Twenty-third street, between deventh and bight avenues “(ISTORAGR.-WEST SIDE STORAGE WARE. A. ouses for furniture, pianos and baxcaze: placed ia separate roome, agcompiodations, siperian <p any mes OFk, By TAGGANT, OWNGE eee us itsdeo vce, nenr Went ae nya CLASS WAREHOUSES Eom Wenite Fant’ thirty. -second street, exvending : Fourth avenue, built expressly for the purpose. Stor- Age for furniuare, pianos, inirrors, triuks baxeaKe and other packages of extra value. the publ vited to exam! STORAGE FOR FURNITURE, &0,—B, MARTIN & BON have removed from Broadway and toes second strect to their new storage warehouses, 168 West Thirty-second street, between Sixth and Seventh gronmes. All goods taken up and down on elevators, Parties about storing » re invited | to examine rooms. TORAGE WAREHCUSES~FOR FURNITURE, PI- 1 anos, Baggage, fe. in operas ms at joy, Kero separate gone Yor fof Pianos, Mirrors, tf Rory goods raised on Slewators; watcha i the tobe ain a uh A ig) FemOV eh) peckes, ed, vi 0 all parts of city oF coun BUR? 4s, #0 and 42 Gonmorde street, neds Bloee ecker. The posstotity of a new tesue of inconvertibie paper I regard with amazement and anciety, and, tn my fudgment, such an issue would be a detré ment and a shame.—CHARLES SUMNER,