The New York Herald Newspaper, March 31, 1874, Page 4

4 FINANCIAL AND COMMBRCLAL A Notable Exhibition of the Uncertain Cur- rents of the Financial Sea Upon Which We Seem Launched. REPORTED PANIC IN LONDON | | Sharp Advance in the Gold Premium as a First Consequence. Feverishuess in Stock Speculation. j CURRENT The possidility of a neo issue of inconvertidle paper I regard with amazement and anxiety, and, in my fudgment, such an issue would ve @ Getrle | mené and a shame.—CUARLES SUBNER. Wan STREET, } MonrAy, March 30—4 P. M. ireet reflected in 4 small way to-day—it bas not yet got fairly star‘ed—the character of the basiness we are likely to cuter upon if the present financial purpose of Congress is to pass into law. There was a Jeverishness in the dealings through- out the day, an alternave strength and weakness in the development of values, with an uneasy, un- ing through almost the entire list, ic being @ notable exception because of ; for Amsterdam account, doubtless in ience Of the atrangement recently entered into tor the conversion of the income bonds into a new twenty-year eight per cent bond, | A BUMOR IN THE APTERNOON OF LONDO, OK EXCHAN: which, although it lacked confirmation from pri- vate sources, Was readily believed, owing to the grave possibilities in respect to American securi- ties held abroad likely to grow out of pending financial Jegislation, The first eifect was a fresh mterval of depression here, from which there came quickly a reaction aguln, in the absence of | any evidence of special weakness !n the foreign | quotations, which was still further stimulated on it being learned that tis was ticket day on the London Stock Exchange, preceding the regular fortnightly settlement. The prompt influence of a rumor of this character upon our markets, gold advancing to 11334, indicates upou what an uncer- tain sea in respect to values we are about being launched, when even a report that is not reflected in the prices received or supported by private ad- vices sufllces to create the opportunity for turn” in the market. CONGBESS DOES NOT APPRAR TO MAVE ADVANCED very much further to-day in the tter of deter- mining the remaining issues involved in the com- plete disposal of the financial question; but seems determined to devote itself earnestly this | week to a consideration of the subject of iree banking. As was said here yesterday, neither the Senate nor the House has before 1t atthe present | time a wholesome measure of free banking, as | that measure of relief is understood by its friends. The first necessity is to provide centres of redemp- | tion, with proper provisions for redemption in the | different trade sections around whica the cur- | rency of that section would revolve under the operation of an automatic law which would, if the issues were redundant, operate | against their value when they receded from that | redemption centre, devise and woud furnish the best secared relier | that the complaining sections cal! for. Bank notes | thus redeemable in greenbacks would be as good Harlem 7's, Ist m. Morris & Exwex Ist m, .106% Alb & sueq’2d bds Morris & Kasex 2d m...10 | Mich Cen con 7's, 1902.. $84) NJ Cen Istm, new. {11034 Mich South 7 pc, 2d m.1Wid, NJ Central, Convert. .10U% Mich so @Nistipe- 1s Pitts, et Wo & Chi Lsim.i06% Clev & tol sf “ Pitts, Pt W & Chi 2d m.10145 Clev, Be Mr Glee Pitts caine Ot lev. PAA new bas... G1 Cley & Putte ih m S04 on & Toibds 7” Chia Aiton income... 98 enew dds. §§ Ohio # Miss con sf... 93 ore div bas. .. 97% Ohio & Miss co: 2 913g | rods. 97° Ohio & Miss 2d m, con. 8) 2g: Bab & stoux city istm 94 Fac Rit 7's, gtd by Mo! 98 Bt Louis & IM Lat Gon Pac gold dds... Mig Md st Plat, 7 Sl Bo5e Mila st P Ist, La D Union Px * goeg Mul & st Paul 2d mw... Union Pi Marietta & Cin Ist m.- PANIC ON THE cial redemption centres for a certain extent of ter- Titory, tuey would be coufiaed by # law of gravita- tion to circulation around that centre, In this way a local currency would be created, which, While local for this reason, would alvo, in being se cured by government bonds, be national as well. The four per cent bond would do as sucn se- curity, and this would be a quite high enongh Qgure of insurance for the nation to pay for the protection of its currency against the chances of any possible fature bank panic. | GOLD ADVANCED TO 113%, | after opening at 112%, being influenced by the causes mentioned above, and closed at 113.4. The reaction was arrested by the statement made, on the authority of Secretary Richardaon, that he had determined not to sell any more gold after next month. Perhaps he will not—it is not the wisest policy to sell—and then again perliaps he may, One month is a long period for Mr. Richardson to @nticipate luis “policy,” and on @ recent notable occasion he failed in the ability to anticipate it a very much shorter period. The carry ing rates to- | day were 2 to 4's per cent; borrowing fat. The Sub-Treasurer paid out $89,000 on account of called bonds and $27,000 for interest. The customs receipts were $558,000. | FOREIGN EXCHANGE i was dnil and weak, the present unsettled condi- | | | | tion of the financial question in Washington not favoring remittances. For sterling prime nominal ates were 4.85; and 4.93%, selling rates 4.85 and | 4.88; Continental quiet and steady; reicbmarks, | 955, a 96%; cables, 96% a9 prime Paris, 5.19% | and 5.13%. The following is the list of quota- tious :— Sixty Days. Three Days. | Prime bankers’ ster- | | | | ling billson London, 4. ne Good bank. do. . ‘ Prime com. Paris (bankers’) Antwerp. #remen. Prussian ‘thalers £Y RANGED from 3to 5 per cent as the ou‘side rates, with con- sideravle business at four. | THE STOCK MARKET was without Other features than those spoken of anove, the character of the dealings being best seen from an ¢Xamination of the pripted list of sales given below. Tue iollowing were the highest and lowest prices :— Highest. N. Y. C, and Hudson consolidated. 101 % Lake Shore. Kock Island Dei., Lackawanna and Lowest. OL Wabash.. rite Western Union Telegraps 805g Northwestern....... Northwestern preferred Milwaukee and St. Paul Milwaukee and St. Paul prejerre: a. 65 Pacific Mall \ Onio and Mi Union he C., ©. aud L. Atiantc sad. Pacitis preterred. Hannibal aud St. Joseph.. 82) Hannibal aud St. Joseph prererred. 40% UOVERNMENTS WERE FIRM without any special animation, and closed as fol- lows:—Unitea States currency sixes, 117 a 117% 5 do, do., 1881, registered, 119% a 120; do. do., do, coupons, 120% @ 121%; do. five-twenties, 1962, Tegistered, 118 a 118%; do. do., do., coupons, 11776 @ 118%; do. do., 1864, registered, 11944 & 119%; do. | do, do, coupons, 119% @ 119%; do, do, 1805, | registered, lig @ 119%; do, do., do, coupon, 120% & 120%; do. do., do., new, registered, 118 & 119; do. do., do., coupons, 11945 a 119%; 1867, do, Go., regist 119% @ 120; do. do., do., cou- | PON, 12044 @ 120%; do. do., 1868, registered, 119% | & 120; do. do., do., coupons, 119% a 120; do. ten- forties, registered, 114% a 115%; do. do, coupon, | 114M @ 115% do. fives, 1881, registered, 115%) & 215%; do, do,, do., coupon, 115 a 115%. POREIGN ADVICES Were received aa follows :— Loxpox, March 30—11:45 A, M.—Consols for Money, 91% a 92; do, for account, 92a 92%; five- twenty bouds ot 1865, 10914; do. do, of 1867, 1095; 5 ten-forty bonds, 104 a 1044; new fives, 104% a 404%; Erie shares, 35. American securities quiet a, | Virginia 6s con bds. are This would not be diMcult to | 1 a 3S 15% i se avo BR be } © 48 do. 1% b3 48% i» do. wienes. 209 #4 SOM astsoRR pL DE 100 bs be a $00 Otto & MRE De. 70 do 3 bi “ do., 3 209 : » do ¢ BR bs 2% wor, Calc if 4946 tw de 1190 bees See | 20 OMEN Wis 7) Ware Tae and steady, 1 P. M.—Consols for money, 92; do. for account, 923; ; Sve-twenty bonds of 1865, 10935; do. @o. of 1867, 10034 a 100%; ten-forty bonds, 1045; Dew fives, 104%; Erie shares, 34%. American sect- rities quies, 4:30 P. M.—Consols for money, 91% & 92; do. for account, 92; Ave-twenty bonds of 1865, 10934; do, do. of 1967, 109; ten-lorty bonds, 104; new fives, 1044 a 1043;; Erle Railway shares, 34% @ 34%; New York Central, 96 with dividend and | 924 ex dividend, There is an unexplained panicky | depression in domestio stocks, and prices have de- clined turee per cent, 5P. M.—To-day 18 ticket day and to-morrow fortnightly settling day at the London Stock Exchange. AMSTERDAM, Marc! 39—Uaion Pacific, first mort- gage bonds, 72%; Northwestern preferred, 64; Central Pacific first mortgage, 7344; Union Pacific Stock, 3334; St. Paul preferred, 54, The following were the bids on the regular cull for RAILWAY MORTGAGES, v2) Fi. Bid. New York Cen 6's, re. vt Han & St Jo, 8's, conv. 8 dew York Cen o's, sub. Ob Del, Lack & W 7's con. 1046'¢ New York Cen Ist m, r. 108 Toledo & Wab cone... 7 ypipey 4 Toi Ist m, | a South Lowa lst im 3 Galena & Chiex.. Galena & Chi 2d me...) woke Chi, Rock Island & Pacios New York Cen Ist 10, 0.105 Erte 4th m, Ps, ’80 “abo ob Ohi & Mil ist m. Joliet & Cbi lst m Col, Chi & Ina Ist Tol, eae & War, Union Paciti i Cen 7 per cent, Aiton & S14 Ist m arn ih ee i * a Ist in, Chi & NW lst m Wi Cedar F & Minn lat'm. 7). | Oni & \ W cou g bes... 884g Bar, 0 R £ M Ist, 7's, g GS Han & 8t Jo ldgrant...100 And as follows tor STATE SECURITIES. South Carolina fs... Jad orga 7's - new, Georgia 7s, end bas oe NCOs, old. J NC bw olds a So NCOs NORR JEU.) NCGs NORE Ag O42 CultiorniaT Ne olf. Jad 30 Connecticut 6's. NOG, of, A&0 $0 Rhode Isiand 0's NCO ct, 1566, Indiana o's... NC 0's, Fund act iso Michigazt 7's, N C @s, new bds, J & J. New York bl, r NO 6s new bds,A £0 22 New York b |, coupon. lugs NC's, sp tux, class 2. New York 6's, ¢ 1, gd,'87. 113 NG 6's, sp tax, class 3. 9 And as follows for CITY BANK SHARES. Bia, yew. York. ms zactic Bais of 130 Irving. 00 Market Nassau. Shoe & Leather &t. Nicholas...... Central National. Fourth National Ninth National. antile Gold Exchange. American Bxchang Germania... THE TREASURY BALANCES at the close of business to-day were as follows:— c urrency.. coin... Less coin cestiticates 150 +130) & traders’ Merchants’ Exchange. 3 Leather Manuus tate of New York merce The possibility of a new issue af inconvertivle paper I regard with amazement and anxiety, and, immy judgment, such an issue would be a detri ment and @ shaig.—CHARLES SUMNE. SALES AT THE NEW YORK STOOK EXOHANGE, Monday, March 30—10 A. M., Before Call. } 180) shs West Un Tel. 5 eo. . 3. 80) 300 1700 18 200 Lo sou 10 10 Panam 0 1500 iw» 2400 fay 100 wo 2100 60 WO) 300 Pac mY do 00 2W Han PATA RST oe duu Ulno & Muss RR... ) 43g 10 70 13%_ SU ©, '8L..... 120% $5.0) US 5-20, ra), ¢. 702.00 8” Tu do... O20, C07... 120g LOW US oi, ¢, ers First Board—10:30 A. M. $1000 Tenn o's mew © 89% 10)shy Chi & NW RRs 57 1 Eeibo Gy 10) i" 8 spe MD rd class..b3 9 — 100¢ 100 Brooklyn Ua wi ig 40 1000 M 6's i & StJo is 9" 400 12000 Cen Pac gold bds 94 20 S00u Un) ae BK ist. 6 ow : 86 do. D3 88h i rt Pac 7's, gd by Mo Yss_ Law 50W.G, 6, Ce List. ms As Gv Tol &'Wecon con. -70 409 100u Morris & Es istin 107 900) Mil & St F 8's, 1st 107 2000 Mil &St P 7-10. ania stp ioe, CAVE iet 20 shs'Am Ex Bk 2 Fourth Nat B’k 200 Amer Lis Te! 10 Wells-Fargo Ex.be 6 do 10 Rens & Sar RR 400 West Cn ied. ee 19) 8 ith 0 Del, t ¥ Ww RE: be 5 20 OG cccntsieen 8% 6 do. iid 43g 5) Mor & Ke RR. bee 43% 4) Pac RR of Mo.b 0.83 12:30 P. M.—efore Cal. $20000 NY Cen Ist m, at 4 hs L8 A MSRR ow shs Wem Un vel... Lo Sa “| treme figures. under adverse news from both Europe and the <u = 2 $1000 US 5. he be ae C0 a 5-2, c zn I 4500 Us 5-2), 8, 150 us £20, c, '68.b¢ 119% $12000 Missouri 6s. 200 Cen lac gid mamta | sino alte Susann | 400 Ches & Ohio Ist.) 56 6100 Mor & ey) Ce 107 i eae ae BgES, 2 rss xa 10) Wells-Fargo Ex. 200 ae MSs Uo..b 20 800 wo Rens & SM Cui x00 agrees NJ Cen Ri Ene RR. | 20 5 do. S00 do. 40 ao. 20 do. 7 do. 10 do. sw de 30 do, 300 do. 1300 do : 400 Mich Cen Rit: 1800 Un Pac RR... 98 sts Del & 1 Can Co 1183 | 6.u West Un ced... $909 do. boo do. uo do. 400 do uu do. 200 do. 12 50D 500 400 6H) 0. 100 Quick Min’ Go pt. 3u0 Marien RR........ 1 10) Pac M dS Lo. ws) z poeple a S00 MAL & 100 chi & 4 200 1 ch &N 13 ‘8 48) Mil & ott The possibility of a new tssue paper Iregard with amazement and anriety. and, in my judgment such an issue would be a detri- ment and a shame,—CHARLES SUMNER. Dull. There was rather more stir in t chandise markets, but business w: sluggish in many departments. Was quiet, but steady, mand and decidedly higher unde’ vices from Europe and the firmer | There was some disposition to bay lw ae 100 Chi & 9 Tol & WRK 200 di 20) Han & StJo Ri pi. 80) Olio & Miss 1k *do.. ti a 10M NJer Cen. a 115% Chicago & it 2:15 P. M. tg 1-40, Second Board—1 P. M. & Sur Rik KEK. & ‘SEEESFEEES Bh ee we aha e Bal a! Devenccs--o>s AW RK..-DI0 0. 0. St P scrip NW RE pi. lo. 10. CLOSING PRICES—3 OOLOCK P. M Wr vee, Za a Paul. of inconvertidle COMMERCIAL REPORT. | Cotton Easicr=Flour Quiet—Wheat More in Demand—Corn and Oats Decidedly Lower—Pork Quiet—Beef and Cut Meats Quiet—Nava! Stores Unchanged—Petro- leum Strong—Sugar Stronger—Coffee Monpay, March 30—6 P. M. he general mer- as nevertheless On Change flour Wheat was in more de- r favorable ad- ruling of gold. to arrive, but a | good deal more to sell, though generally at ex- Corn was dull and decidedly lower West, and at the close the market was merely nominal, Oats were Whiskey was steady. Lard was easy. also du Pork was Freights were firm. il and down, dull and lower. The demand jor “spot cotton” waz fair at lower prices than holders would accept. “Futures” de but @ subsequent reaction restored the market. mand prevailed tor cargo invoices of ¢ was confined to Jobbing lots, and prices ruled easier. | but the firmness of sellers had a restraining influence upon buyers. There was no special movement in naval stores, The petroleum mar- | | Sugar was in good demand, | ket ruled very strong, but the offerings to admit of an extended business. Corven.—Cargo iavoices were negle progress at somewhat Irregular and rates. The following quotations are A moderate jobbing movement in all descriptions w: clined a fraction, | No de- offee and business were too meagre ted and nominal. in generally easier all nominal. We quote —Kio, ordinary cargoes, Jc. a 2gc.; tair do., Frey fot tol Cee sd prime 19. bg extreme range for 0. & Wi4c., go) Ibe, th and 9 duys' cre ent bags, 280. 8 28 ou, Brass 260.; M ts, 27c. 29. carbs, te. u wee; Laguay’ a 5c. St boiningo, ae 6 day Cortox.—The market tor cotton on athe spot was dull and to anextent nominal. Exporters which holders, thouzn more disposed made lower bids, to sell, were gen- erally unwilliag to accept. The demand from splnuers Was for uniportant lots. The market closed seeble. | “Fatures’” opened at a decline of 1-lbe. a byc., which was | afterwards recovered, the market cloain firm at 163¢¢. a 16 5.32c. tor April, 1818. e340. for May, 16 15-16c. & te $1300. tor June and 17 11%. at “we quote — Uplands, Alabama, N.Orteans. Texas, Ordinary .....-reeecon ae 12%§ bi $ be | Good ordinary. 14%, | Strict good ordinary. be 155 B (16 15 1s | Low. middling 74 16 a 16) | Middiing: 17 ih BY Good mniddin ” ii 18 | —The saies were — | Export Consumption. Speculation .. Totals... i) } <Included inthe above are i310 bates avery (basis low middling) the —Seturd: bay) at 16 1-820. 60 at 1615 loo, ota 3,20 Mare! al Hefesac' 180 ab H ib 15 31-32e., 2) at | to three 1b 500 at, wd I Bes, Sat. Bv'g. ee Tay 356 20 7 1.098 os pref wy oe 159 to arrive. Yor'tu- sales have been as g’clock—April, 800 ban oc. 5 June, 40 at 1.32c., 100 at 15 15-166, ts * 1B nie. ol rt oti ngucd u a (short. notice) i a 1-16c.5 at Ube. 100 at 160, (nd on BR fe ke ae IKE Gag notice a id do ss fte BUY, at 16 6c, 300 at 16 ) me se bd 0% gh 0* 16 Jb ttc, OO) at 16 39-326. tan 3 80" 10) Chi & Alt scrip, 7 Tat 16 1 16e., BH Sie.,_ 50, at 16 15.160., 5) Pac Mg 1 NYN ET & Mart ee ies July, 400 at 17 5166. 2) at 17%¢0. | tay Ui Varnes | Total, 12,700 bales. Grahd dns as . Bixchaiys, & woe 5) bales March for April: even: jac. paid to exchange Fy Ss 3 & May f cc. aid to exctiange 40) Apell for Muy. 300 8% 16 Bo pot Saturiiay's forward deliveries were a W 487 i Wy ni a roh, ee 9; April May June, 199 $B r wy Oni NW its. | 17.40; August, itn Vist at Roel 100 #3 Erie i 4 Mi | May, 100 at 163%. ; June, 10) at 17 9-820. do pn i a ‘at ith Tot Berrian April, 100 bales at 16 S320 ie ‘4 Beat 16ig0. 1, 2 at 165; ea 80) at I74%se. Poti 9 & Mil ra ERK pt | #00 bales. receipts we re :—Galves' LAL bak 00 i} g tot & Wab KR | New Oriean: vat Mobile, 100 100 do | c, Baciegon nein adi 39 a i 0. , 292 ; ork Boston, ‘ag Fk a0. wo ‘ Ti is day “last Weak.'| fea This day last your | wo 3% iw fan ry St Io pi. ‘AND GRaix.—Heceipty—F lour, 9144 boi heat. & <, inne sot found hoop onic, Fert hoop Ohio, tr PeIwCIAPAEIAEL SSsessrersaes ee neeeee it. Louts, gt Louis, straight St. Louis, choice double ‘St. Louis, choice family, California, Rye tlour, fine to superfine. Soughern, No, 2.. Southero, superfine. Southern’ extra. Southern, fam! E FESESNTSR SLSSSZSevERsss eee Caan Mae numroeeZReueaMacuaae SESassesesg, Corn meal, Western. 4 oe ce gover. . i orn meal, Brandywine. Calorie. 4 . fo) and mill- ing particularly. tor’ Mawaukeo, whieh 2c. Sc. denver. ‘The market closed. at “about $1 1 34 for | Nor Ghieazo and $1 98° bid for Milwaukee. sales were about 100,40) ashels, at $1.45 5 $L ets va ungraded | spring, $1 50 for No. 8 Spring, $1 2a § $1 53 in siore tor | No. 2 Gnicago, 1 5a 8 Bs tot No.2 sau Kee, $1.58 8 | $1.59 for No. I Minnesota, $1 62 for Bot Milwankee, $1 60 | for poor red winter in store, tor No. 2 Chicago, | toarrive all Ags: Corn was dull ot lower, ‘joan = | SOc. new mixed. Boe. for 70.000 bushels at Ble, a 88e. for new mixed, se tor eld do., and 87e a 8c, for new Pennsylvania and New derey.” Oats were duil and lower. The sales o.v00 uushels, mi iy. at 880. @ Ole. for mixed. Ole white, clogine at Ble, a. 6Sc.;' Gic. was the ch ice white at the extreme clo: WA eee | Suid to the extent of 1800 bustein at $1 U8 for Neate, de- Bvered. "We note sales of 80 bmbhele Darley, Including 3,000 do. Western spring at $1 67, 8,000 do, Danubian on private terms. and 3,000 do. German, said to be at $1 85, lait was neglected. The possivitity of a new tssue af inconvertible paper Iregard with amazement and anxiety, and, in my judgment, such an issue would be a detri- ment and a shame,—CHABLES SUMNER, Freiguts.—In the line of berth freights there was a fair movement to-day at generally hardening rates—the ingulry chiefly for grain and provision room. | Vessels tor charter were in better request and we note & steadler market, The engagements were :—To TAvSEROO, by steam, 100 hhds, tallow at 30s.. with grain room and held at 9d. ; by sail, 32,000 bushels grain io 7a. anya, 24,000 do. corn at 73d. from store, and 10 do. wheat 73 100 hhda. ‘tallow at 25s. To mene by sail, | shels wheat at 734d. and about 1,000 bbls. flour, to steam, boxes bacon and 50 tubs lai steam, $00 tons provisions at ak oh; WW) boxes starch at Z7s. 6d. The charters include An ‘Italian bark, hence to Cork tor orders and United Kingdom, with 300 quarters grain, and an Austrian bark, with 4,000 quarters do,, same voyage, hath on private term’; an Austrian bark, hence to a direct port on the Continent. with 2,500 quarters grain, at Gs. 6d. ; a Russian bark, with 5,000 quarters do., same voyage, at 6s. Id.. and ‘an Austrian bark, with 3,500 (is, 40. 8 German bark of e with full daryo of provisions, at. 4s.;'a Gerinan Sten bark, ‘Hence to Brenan hy ey 5 000, Wor refined petroleum, private terms, said ( Gd.; a Norwesian bark, ence to London, with 2000 bbls. baphtha wt a. Gd. an American ship, chartered some days since but not beiore reported, hence to Javi h 15,000 cases refined pe- troleum on private terms; and an Amerioan bark. from St. Mary's to Rio, with 450,000 Jeet of lumber, private terms, on owners’ account. Moasses.—Apart from the usual trade in Jobbing lots there was no business fe Blame Prices were without material change. we tinged, Se poeaearagal and mixed, 20c. % de clay muscovado resting Ble. 4c. ; Porto. Ric a Gir; Bugush Talus S50. 4 096-5 New Orleans, 602. a 75. Naval. Sronws.- Spirits rits xurpentine was rather quiet to-day and the valu We quote merchanta- ble order lots at 47e. Sales 50 bbls, ut 4Se. for New. York. There has been a considerable quantity of spirits pur- | chased during February and this month, buyer's option, which will be deilyered to-morrow, the ‘last day of the month, including fully 1,W00 bbls. taken by tanners. Al- though this will materially decrease the available sup. ply, still the stock here is so large that it has little, if ;tttect on the value. Strained rosin has ruled, vary the value is scarcely rm. Stock was 240 ‘without, buyers’ Sales 20 bbls. good strained at $2 5% delivered. In oe grades we hear of sules of 100 bis. No. Lat $878 Turand pitch are quiet And without essential change, PetnoLgom.—Ihe market for refined on ‘Change to- day was quoted firmer but less active. The reported aalog were 000 bbls. spot, at 1694¢., and 4000 do. spot and first half April,’at 13%c. Cases were’ in light re- t 20. a Wise. Naphtha was firm, with. s%c. bid . asked. Crude, in bulk. was alto firmer, but quiet. at a Tse, for prompt delivers, | Shibning crude ee Bombe atlic. a edt Phtiadelphia the market was firmer but dull. 1,000. bis. spot at Ioise, The advices from producing, points were of general Hy quiet ou but, firm markets, with quotations a8 follows :—TI 1.65 at wells; Petroleum $1 a ft 75: ‘tousesitle, $1 75 a $1 80; | Titusville, $195.32, Li i bbls. here at 1c. for May and Fhuindelohin of 20,000 do. frst b Puovisions. Receipts ages; cut meat: 20) Kegs. For mess steady, with sales of ea reh at $15 8, 26) bbs Earls | ai; at $16 at $16. ‘Dressed hogs closed weak a oe et was quiet, but quoted steady. Jobbing ior to the amount ot 5) packages were placed at Races c. per Ib. Bis withia the range of our quotations. a $11 5) for plain meas bis. $12 50 fra do, bbls. $21,» $22 for prime mess terces and Su s tor India do. Uerees a $30 50 $32 for extra India mess. Beet hams were quiet bat steady, 60 bbls. wore placed at prices ranging from $i8a $22 fer Southern, and $22.0 $24 Western. Cut teed Gade ay ae only a moderate anes Put the as of ket ady. | We heard of sae hellies “10 ths. average, and” 50) "piekied shoulders at 7igc. without change in price. We mote sales of 5U)'Ibs, short rib at 8%c. Lard was without activity, closing weak. The sales were 150 tierces Western steain, on the spot, at 98c, | a 9Xe.; 79 nerces April at 9c, und 500 tierces May at 9%. Butter and cheese were moderately uctive at for- mer rates. Scgan.—For raw sugar the market ruled strong, with- out further advance. The ae comprise 1,000 hhds., dylacing 10 ds. at $7 44; 400 7¥e.; 48 hh fuyal at Sgc. Refined sugar was in good demand at better prices, the inarket closing edie a FONe. for A; 1)3ge, tor crushed and powdered, and J0\jc. tor granulated. | We quote :—Cuba refining, {ofenor to common, aT air to 00d fair, Tec. & ge to prime, 7: Ze Rrgerys fair to Food, Te. prime to ¢ alee, Wik , Siac) conteitugal Tie and boxes, Noe 8 to 18 ot a ses, hhds. and boxes, 640. melad, Clayed Boxes, ,Dutelt standards Nos. 7 to 9 40.49 to 1 7c. a 8c,; do., 13'to 15, 8 is 10.18, 9e. a Yge.; do., 19 to By, 93%. a tet Porto, Teico—Retining, common to nol ‘e aoKe. Shc. 8 TMC.5 0. white, 8 25 prime. 6%¢. Brazii-Duteh standard: 3 Dutch standard, Nos. 1) to 12, 7ie. peror and extra’ superior, 6%4c: & Ricy.—Market quiet, but steady. “Jobbing lots were placed toa small amount. We. quote :—Carolina, 7igc. a Shc. for ordinary to choice, an: a Hang 00n, 7340. a 734! TEARINE Was sparingly seared ‘and ‘firm, at ‘About a 1Uxe. for, prime to oholes, on. spot and 10%c. @ Sales only of 30 tlerces,’ at 1Uc. ‘auuow Was moderately active and firm. Sales of 100,000 Ibs. ont of town stock within the range of 7},c. a Tye. City held at Te. insane Receipes, 1040 barrels. Market, firm ana fairly native: , Seles of $00 barrels at 9c. and 5) barrels alcoho! at fanila—su- DOMESTIC MABKETS. Gaxvrstoy. March 5 Cotton quiet, light demand : good ordinary, nite Ging, 17a Net recelpts Alin bales. Lxports—To Coudnent, 4883; coastwise, 391. Sales, 800. Stock, 66,505. Naw Onuxzans, March 30, 1874, Cotton quiet; middling, 10ige. : low middling, 15s. : ood ordinary, 14¢\e. ; ordinary, Iie. Ne} , 872 ba es; gross, Su7i. Exports—To Great Brita j ig.the Con: tinent, Bail; to France, 4.685; Se. Sales, 10; last evening, 260.” Stock, 242.410, Monte, March 30, 1574. Cotton qaiet and unchanged; middling, Isc. Net re- ceipts, 1,25) bales. Exports coastwise, 370. Sales, 500. Stock, 48,500. Savawnan, March 30, 1874. Cotton easy; mildling, 16. Net receipts, 2713 bales; gross, 2835. Exports—To Great Britain, 1,665; to France, 0; const wise, 396. Sales, Ail. Stock, 61,993, Witmerox, N. C., March 30, 1874. Spirits of turpentine quiet at fier Rosin strong at $195 for strained; $2 50 tor low + $3 for Ne. 1 crude. Turpentine steady at $1 9) for hard: $2 80 tor yellow dip. ‘Yar steady at Staten March 30, 1874, Cotton quiet; middling, 15 ExbortsTo Great Brivain, S110 coastwise, 1,106. Sales, 60’ Stoc Sh WEG, March 30, 1874. Flour stendy:: sales of 1.290 Seat STIs fot Nor A spring, $8 75 for amber winter, $9 25 for white winter sud 90 75 for double extra. Wrieat qutet and unchanzed, Corn in fair demand; saies of 21,00) bushels at 79. and 00) do. In car lots ‘at 80c. Barley quiet. Corn meal 1 6 for bolted, $1.6) for unboited per cwt Mill feed unchanged; shorts, j sbipstuits, $26; middlings, $28 r ton. Railroad freights—Fiour to Boston, Svc. ; to New ‘ork, 40e.; to Albany, 38c. rraLo, March 30, 1874. Grain in store, inclnding periey held by yy, syaltarers Wiese, 73,075 bushels; corn, none; Cy te 3 bar- ley. 68,292 do. : rye, 1,148 do. as, 35) barley malt, 1.966 do. Flour Koy wor ne $73 a 87; bakers’, 5 white, he Bed ep 39: neat d ful sales of 1.30) bushely Milwaukee No. 1 spring 1 50, 400 do, white Winter at $1 6), 60 do, Milwaukee $14, Corn dull; sales of 3,200 oushels new, on at THe. Oats quiet; No. 2 Western held at’ Sto, dull; no aaley reported. Canada held at $1 $0 a | estern, SI, fa Rye Bominel at $i oy saa firm; Can 1 98 a $2 05; Western, $1 rn a f Provislonis—Mess por! B16 0 816 9b; short cuts, 316 a 16 3; hama, 12%4¢. a Se. houlders, Sige. : breakfast bacon, lise.; dried beet, I6c.; beet tongues, $6 por dozen. Lard, in tierces, $%c. @ lc. in Kegs. and tubs luge, 8 Seeds In good demand. sales. ot Lumouby, wt $2 90 25 per bushel; clover, $625 a $l 10; marrowiat do., $1 75. Other articles moh ged. The possibility of a new issue of inconvertidle paper Iregard with amazement and anxiety, and, in my judgment, such an issue would be a detri- ment and a shame,—CHARLBS SUMNER, EUROPEAN MARKETS, Livenroor, Propcce Manget.—Livenroot, March 20— Evening. Common rosin 6% fn Ga, per owt. Sptr- its turpentine, 348 a 338 6d. per Loxvon PRopUck MARKET. LONDON, March 9—Even- @ £29 per tun. ing.—Linseed oil, £28 9. ? r °) ppirits turpen- fine, dis. Oda 39s, per owes A =TRADERS’ DEPOSIT UOMP + street; money to loan on appr A VOUST BELMONT & CO Bankers, 19 and 2i Nassau street, iss travellers’ credits, available in all parts of the world, through the Messrs. De Rothschild and their correspondents. Also commercial credits aud telegraphic transfers ot 20, a Kurope and Havana, A W, HAMILTON & BROKERS IN STOCK + Privileges; $60 for a “call” on any stock signed by Members Stock’ Exchange. The Wall Street Keporter for this week explains how to operate. Sent t LW. HAMILIFON & CO,, 48 Browd street, New York. YOUNG LADY, AGED 2, ACCOMPLISHED AND in deep distress, would Jike to moet with a friend that would loan her $5) for a short time; would give security. Address LYTTON, Post uflice, New York, Y, 85 LIBERTY A'securities, nda, scant goodsat | ids, Porto ‘Rieu at Sige. and 8) hhds. cenirk | | the disposition of the PRRivinwesS AsO Ona APPRO' BA iO ir een ee TO ANY ADDERSS” RADLEY, NO. ay BROAD, ET, BEERS NOOSE AND GOLD PRIVILEGES, ton y OnND GOLD BOUGHT i EXPLANATOL MAILED AND ADDRE: —ST0C! IVIL 3-850 FOR 0) SHARES, $100 A. for te ot ny sek at ges market mited safe matron of ks on limi capiat lly explained an ‘apap “Gelivers AND SOLD LD AUAINET Quorarions SENT T TO uN ve) aa ee ci Bankers and Brokers, 39 | ax aveet New Gore. TuarAe Sav iS BAN. CHATHAM SQUARE A’: New eres aANe.. on money deposited ene or def 10 will date from Aprill. The farpits fund of this daakumoants to $197,750 22, or about eda bing ah i we HHALLISON } HALL, President losern P. Cowrer, y . Bainxy, Treas’ rene Dank will remove on” or abou April 26 to its new building, Bowery, corner Bond street A TRS eHARE OULD JAE Rit Math orhick secur: G ry Board alt > rpaaotaies ee hore Stance n from the city. Ad- , Herald office. Qress" SAVINGS BANK 68 Bowers southwest cor ner are nal street. Prevent rate of lntterest six p:r coat. Interest coumnences the drei of the month following the day of deposit. open every day from 10 to5, and on Mondays and Estamares from 10 to 7. Bank English, German and French (Tait), President A. rena A Boscr, Secretary. YOMMERCIAL WAREHOUSE CO—UASII CAPITAL, 000,080,“ Banksre and merchants; banking oMfice, mM street, coruer Exchange place; warehouses, eit Dock Brooklyn, Cast advances made on tirst class securities on demand and time. Cash advances made on all kinds of pecebancise stored in our owa warehouses on, favorable te LJ ARMOUR. President. F. NAVARRO, Vice President. JOnx BAIRD, Second View Presiie FELICIANO LATASA, Third Vice Presiden Paul J. Armour, Wm. D. Bowerman, C. Jose ¥. Navarro, ant een a WILL TAN T¢ Be Superinit ent of Warehouse Opes, mataodeats PROSECUTED ASD 1, HIG. \ tions conducted, without fees unie Y experienced attorney ; excellent reteren aus address LAWYER, box 2,579 Post office. ELAWARE, LACKAWANNA AND W 3 rosd © ry New Yi erly “Dividend of two and auctn fWo and sne-tult 4s) per cent hus payable on been declared on jas co of this compan), and afver 2th of Apri Transter books wil be cloner ren Be of are until ast of April. vera misecancous Secarities dealt ii by, WILLIAM WARD, 2 Broad street te a JPXECUTOR FONDS TO LOAN—IN SUMS TO SUIT, for five years on first class New York city Rexl tate; also sums to buy Mortas Address ATTOR- Nit box Teztl New York Post ctlice- STATE FUNDS TO ‘LOAN—ON IMPROVED York city Property; L per cent commission and attorneys? fees: first and second Mortzages cashed. BIGELOW & LOCK WOOL, bs Pine street. R SALE—TWO vIRST MORTGAGES; ONE FOR $5,00), one for $2,500, on property 1 tis State worth double the amount of the mortkages, and « Sa aes erty ina Southern State. abouta at 25 pereeutdicount.” For particulars address Bost oifice box 63), New York. ALWAYS HAVE MONBY | York city Mort string TO BORKO' B.: bolsaneesiaseed AND TRADERS SAVINGS INSTITU. No. 283 Bowery, hear Honston street. Deposits made now, or until April 10 inciusive, will draw interest from Apri 1, Interest ills on all sums from $5 to $10,009. Open daily from 10 A. M. to3 7. M., and on Mondays and Wednesdays nom a to 7. RED T. CONKLIN, President Hurry C, Fisuer, ere ORTGAGES WANTED—CITY OR COUNTRY, LARGE or — vodke loans made without bonus. OROFT, No. 5 Pino s.rest, room un. ONEY FOR MORTGAGES ON TIAN RPART, 906 ans N OTICE TO CAPITALISTS—$10,000 OFF. bhi! Corporation of the town of Beaunarnais, Province Of Quebec, with good shipping, wharves and splendid water powers running through one end of the sald town, otters a free grant of $10,000 to any manutactur- ing company who will acquire those water powers and establish a manufactory there, employing 20) persons they will be — from municipal (axes for 20 years. FFICE 0) UNITED STATES AHL TREAS he ore pRK, March po the month ot April, Is? I suall, by order, Te- ceive bids jor oh 4, a8 foilo’ — Thursday, April 2 ri chee Geposited therewith. e opened at 1o'ctock, each day specified. The Treasury may, at ity accept bids in excess of the amount advertised Printed forms for proposals, with the, regulations to be | observed, will be furnished cass oftice. The possibility of a new tssue of inconvertible paper I regard with amazement and anziety, and, in my judgment, such an issue would be a detri- ment and a shame.—CHARLES SUMNER, THE | GALLEON “TREASURE ¢ COMPANY. INCORPORATED ONDER THE THE LAWS OF THE STATE OF NEW YORK. CAPITAL STOCK, $7090 IN 7,520 SHARES OF $100 The immediate object of the organization of this com- pany isior acquiring and operating & concession granted the Spanish goverument—a copy, of which inay be seen at the office of the company—diving the right to re- cover the vast amount of treasure known, by well au- thenticated facts of history, to have been sunk in the flvet of Spanish galleons In the Harbor of Vigo, In Spain, A detailed historical statement, eovering all the facts in regard to the sinking of this flect of galleons, may be obtained, in pamphlet form, on application, either by Post oF personally, at the office of the company. A care ful perusal of this pamphiet is urged not only for the information of those disposed to embark in the under- taking, but asa matter of historical interest. Briefly outlined, these facts are as follows, viz. :— ‘The treasure contained in the gaileons of 1702 was the accumulation of tour years, both public and private, and estimated at a value of eighty inillions of pieces of eight (each piece of eight being thé equivalent of one piastre, or Spanish silver dol This. fleet of galleons, laden with the treasure, and convoved b | Kne-of-battie ships, arrived in the harbor of Vigo in Sep- | tember, 1702, An attack was made by a combined An- Blo-Duteh fleet on the Franco-spanish fleet, With @ view to the capture of the treasure, on the 2d of October, 1702, The success of the attack being imminent, the French ana spanish Veta [tle ide ected ae the treasure should tall Into 8 the ‘Anglo-Dutel, to buri_and-sink the. alleous. with th treasure in the harbor of Vigo; and in parsuance of this determination, 14 of the galleons with the treasure wero sunk, the remaining nine talling into the possession of the Anglo-Dutch, viz.—four to the English and five to the Dutch. ah i four taken by the Engiish, the most valu- able, fe prize taken by the Monmouth—sunk it the elersnee of the Bay of Vigo, from striking on asunken rock, and the Dutch Were compelled to abandon two ot thetr prizes, bet unable to extingaish the flames, thug Jeaving 17 out of the Vere submerged. ‘A comparatively smali portion of coin, forming part of the treasure, had been landed at Vigo before the atiack, but (be total value of treasure submerged approximates, as near as can be determmed, and upon the lowest est! At not less than $37,000,000. ‘he value and existence of the treasure being beyond doubt, the only question 1s the feasibuilty of its recovery. Upon this feature of the project, thorough reliance is placed upon the opinion or rather ungu ‘assur- ances of Colonel John E. Gowen, the eminent American engineer, who, as is generally known, sequired 4 world Wide reputation trom his éxtraordinary and unprece- dented jeat iu raising the entire Russian leet, consisting of 70 ships und vessels of war of all sizes, which were sunk by the Russians in the harbor oft Sevastopol during the Crimean war. Col. Gowen, by @personal examination of the harbor of Vigo, bas located and examined several of the galieons, their position and condition, and con- siders the raising of the treasure is a matter beyond the possibility of doubt, involving no serious dificvity, and unaccompanied by anything like the labor attending the bye of rajsing the Russian fieet. Arrangements have been made with Col. Gowen, by wich hois under engagement to. take personal. super: vision of the recovery of the treasure, and all matiers relating thereto, and also undertakes to contract aud supply all the hecesmry machinery and outit, ference is particularly requested to the report of Colonel Gowen made after his examination, and also bis supplemental report, which throws additional light upon the subject. ‘The prominent features of the nndertaking are :—First, the enormous value of the treasure. Second, the uw doubted feasibility ot its recovery. Third, prompt and very, large returns, the capital stock, the Company give 4500 shares, fully paid, for the purchase of the concession, leaving 3,000 shares for the purpose of raising the requisite work= Ing capital, and for which subscripwons are Low invited, ‘he capital will be called up asfollows Upon application. Upon allotment Sixty days after allotment. Total % per cent 25 per cent 25 per cent tee 76 per cent It is inted to call ap the’ Yemaininy 28° por cont unless itshould hereatter. be found requisite, aud then only on 30 days’ notice. The 75 per cent will’ pro- duce abiindant funds for all contemplated requirements, the he Femaining 2 per cent being reserved for any con: wae ations for shares must be made on forms obtain- able by post, or in person, at the office of the Company, or from the Bankers of the Compan Messrs, DUNOAN, SHERMAN & ©0., corner of Nassau and Pine’ strects, New York, and must bs Hae grnpanied by the payment of $25 on each share ed for, abse riptions will receive priority as applied for. In the event of no allotinent being made to an applicant, the deposit will be returned forthwith, without dedue~ jon, ‘A¥ soon as the 8,000 shares now offered are subscribed for the subscribers will be called together to gominaty seven persons trom their number to constitute re of Trustees. ‘Chis course has been adopted Sor severe consideration, in order that parties inverting, In the terpriee may control the disposition, of | the capi irect the management of the comp: ‘All mioneys aubeeribed for sock will Be eat Ad gpbscribers direct toe bankers of tee, KS ga td for the ancan, Sherman & Cov. same, and will be by tei el oie ‘ntact, mubjeet only to ALLION rents Re COMPANY, Temporary’ ty Oinices: No. 17 Nassau street, New York. U al SAFE pay SIT COMPANY ay, NEW YORK, ah IBBRKS, President, ait wea e sate keeping ot regis: fired bond. mo gaegent the tor 0c. ; with coupon. Sl. @ French fleet of 23 | aras to sats ae $4.00) \ pointing P tn my judgment, such an issue would be a detrt- ment and a shame.—CHARLES SUMNER. T on New Yok i ved Property; dwells eee 4 recut opm ance and ation: eS CRULENDER & LACH NOR ecu om Di piss SAVINGS BANK, 393 Canal street treet. ix percent baterest pale" ® gets, over ten million Ra Mar _ Surplus, s seven a hundred and and fifty th thousand dollars, LOAN ON BOND AND MORE. make loans. FORD, 199 Wasmiugton street, rANTED—BY A LADY, A LOAN, ‘W Sith cepieal fui particularseant <A FARTS rity way. Hl at 42 East t Ninth Streot, irs. STUART. WANTED FOR SIX MONTH! security, Interest at she rate of 28 her gent per annum will be paid. Address F., box 5,605 Post olfice. $1.000-8% $5.0, $4,090 AND $5,000 aj LOAN. hts Brook! n iroperty; “worth | double money ce on good applications, Bee box 150 Herald offic 3 sivas WANTED—ON BOND AND MORTGAGE, on property worth nearly three times this amount. Principals ouly address W. E., box 116 Herald $14,000 ferred. AND $12.0) TO LOAN ON FIRST CLASS Property in the city; first class private R & Co.,, No. 5 Pine sireot, TO chan ON CITY FIRST MORT- $150.000 7. no bonns, $100.00 to meres Hrookiyn Property ant te buy eeond. Mortage Staite Rory OO RENO © GOLDMARE SF Page, Ling) atl TO LOAN—IN SUMS $200, O06 Faget ‘ity Prop at son ce mple legal expenses. 1 © Montauk Insurance | OTICE IS HERESY THE PARTNER. ship heretotore existing between Messrs. Nicolag Meyer and Omsar Fontane, for the purpose Gi frame manufacturing, 178 Wooster’ sireet, dissolved by mutual consent. Ail d tlements to be made by. M. Fontane, sole suc liquidator of the fir. NICOLAS M CESAR FON New York, March 26, 174, _BU SINESS OpPoK ‘UNITES. i UNUSUAL OPPORTUNITY TO ENGAGE the Book and Staionery Business will be found & dressing, with references, box 63) Washington, D. The house’ desiring to sell’ has been established many years, has a large government patronage and ast year r d 4 prodt of $15,009 over ail expenses. warn ANE TAILOR CAN SECURE THE OUS- tom Department of a first class clothing store for 500 per year; Hxtures complete. Inquire at 12 Fourth avenue, hear r Institute, —$50 TO $100 CAN BE INVESTED MORE SAFELY A. in stocks than in any business at the present time; plaived by calling or sending for our TUMBRIDGE & CO, Bankers, 39 Wall Jooper y street, New MIDDLE-AGED MAN, WITH A GASIT TAI of $50, can Lave an Literest in a light manutacture ing busine § UNITED STATE: $ PROTECTIVE ASSOCTATION, roadway, office ‘si. +B WOULD to tnake @ busine cation with some active man who can advance $3,000 to do a strictly com- ‘Address U. 1.’ ?., box 5,695 Post office, A PA RTNER WANTED—WITH $10,000, TO ENGAGE #4 in the manufacturing of hemisams. ee works are jarge and in compete order; business is '¢ SAVE & HALSTED, li ‘Broadway. NTED, WITH $700, IN AN OLD shed 3 fire provision and market busi- ness. “Apply. to THOMPSON, 91 Duane street, corner Broadway, up stain oxstul operation; about $1,000 ull particulars of FRED. W. SYKES & usiness Brokers, No. § Dev street. BUSINESS 30. A SPLENDID OPPORTUNITY FOR A man.—A first class Hotel and Health Institution, with excellent mineral springs of great curative proper- thes, is now offered tor sale or exchange for good city or This delightful place {s well and the deauty of itstocation fs unstte- passed and easy of access; it affords great inducement toany one,secking @ sate and prodtable cash business; or a partner would be taken. SAYRS £ “HALSTED, 162 Broadway. MAN WITH $5,000 TO BUY A FIRST CIASS HO- tel and ena ‘antin the city. plendidly situated; Pull part SYKES & GO., No. 5 Dey street. N WILLING 10 JOIN IN A LONG established manutacturing, Business, now paying dver 15 per cent, and invest $25.00 to $50,00), address BUSINESS, box 3681 New York Post office. Foe SALE—AT A BARGAIN (TO ENGAGE IN OTHER business), an cld_establishea Bond and Morigago Business, including oMce turniture: every tacility tor making money, Address BARGAIN, box US Herald office. DARINER WANTED—WITH $10,000 TO $20,000 OR pital, to,{ntroduce a new invention and ex. tend an vastapilshed and successiul business. Addreas 0. C., box 104 Herald offic ARTNER WANTED—WITH $5,000 TO $10,000, TO facilitate the extension of a new enterprise ; protits auMciently remuneranve to prompt investigation by those seeking investment; satistactory city references given. Ad ldress box 2,886 1 "ost office JHYSICIANS.—WANTED, POSITIO 1 Minaein ailee prectioe: well qaailfed in. garpt- calgpecialties Address lock box 25, Post office, Nyack, } ARE OPPORTUNITY TO PURCHASE PARTNE| ship interest in first class bar and restaurant; en. tire house; splendid location; small capital required of good party. Apply at bs West Thirty first street. HE ADVERTISE .D INVEST $1,000 AND services in some established provision busttiess, bein; familiar with it and the trade in all iis branch dress, with real name and location, J. 8. office. é A , Ad~ . Herald 0 WHOLESALE LIQUOR DEALERS.—THE ADVER- tiser, a! discovered a method of ageing new brandy, woud } eo aS make arrangements with a frst class house, Addre: Z., Herald oitice. aS HAT 18 NO? ID OF WORK, ‘with $350 and undoubted references, to join me int @ good paying office business; this is no humbug. 73 Cedar st., room 3. JANTED TO PURCHASE-—INTEREST IN A PAY- ing business, in exchange for eal Estate in New Jersey, one hous by rail from city, Address KXCHANGE,, box 219 Herald office. OULD JOIN A PARTY IN A LEGITIMAT“ BUSI. hess alreaay established ; have undoubted reer ence, with $2,000 to $5,000; no agents need aj ply. Ad- dress T. SOHN: Herala Upiown Branch of WANTED-seHcTAL CAPITAL, $75,00 TO $100,000, in a well established commission house receeiar large ,Ahtoments and paving 1 first class connections West and South. Address P. W. G,, box 16) Herald office, TANTED—A LOAN OR PARTNER WITH 81,000; fully secured ; good profits (or interest if preferred), Address BOYD, box 124 Herald office. UV ANTED—A GOOD MAN, WITH A SMALL CAPITAT, jor store ; bese to take charge ot a first class } reference required; also a stnall Hotel for sale, on one of the principal aventies. Apply at No. 4 City Hall place. $9; TO $40 WILL START ANY. ACTIVE PERSON m a permanent ani exceedingly profitable man- ufacturing business: ¢ light “woodwork and sells everywhere; territory sold to suit the i REED, 335 aroneey soot ua WI $2! 50. c t be atintied ‘with a ore erate income, will find something advantageous by ad- dressing AL Pha, Herald ottiee. $600 FOR HALF INTERE: money making bu fide Lboreiea chane @ person with a small capital, LAX BAYERSDORFER, 14 Chamnbers street. $10. 000. —A MAN WANTED, WITH $10,000, TO tuke an interost in Mountain’s Life Pre- server; approved by United Siates supervising Inspector of steam vessels. SYKES & CO., Business Brokers, No. 5 Dey street. + The possibiuity of a new issue of tnconvertible paper I regard with amazement and anziety, and, in my judgment, such an issue would be a detrt ment and a shame,—CHARLES SUMNER. COMMISSIONER VAN NOBT. The Head of the Department of Pabl Works Announces His Intention to Resign. “It 1s rumored, Mr. Van Nort, that you are about to resign,” said a HERALD reporter yester- day to Commisstoner Van Nort, who was found busily writing in his prtvate office in the City Hall “Yes, sir, that 18 my intention,” sald Mr. Van Nort. REPoRTER—Do you intend to resign your po- sition immediately, sir? Mr, Van Nort—On the Ist of May. RePorTrsr—That 18 the date on which your resige nation will take effect, 1 presume? Mr, VAN Nont—That 1s the date on which my resignation will be tendered and on which it must take effect. n—I suppose your letter tendering your resignation whl be addressed to the orginal ap- power—I mean the Mayor? Nort—Oh, deoldediys 1 shall send my rontgnetion to the Mayor. My PD aes oh was from the Mayor and tue Mayor shall receive m: resignation, I have not enjoyed very good healt! since I took charge of this department, but 1 have nevertheless managed to perform my whole Guty, and I think when all is over lt will be found that have conducted my department as effectively and economically, at least, as any other department has been conducted. RerorteR—I should like to ask, Mr. Commis- stoner, only that I tear it might be considered im- pertinent, what are your particular reasons {or resigning at this particular time? Mr. VAN NorT—Well, the question is not at aul impertinent, On the contrary, it is altogether per- unent; bus tree ae FN not say anything on that point just now. Heronran—Surely, tide Bor Bo gel state tn your te! aur. "Van NORT-OD, more than that; I shall sta them at full length by fod sling be A veo at MRSS Bay ng, i imanal’ await that, sir, with the greatest eu sioty,” whe reporter took hia leave. AN this is 4 rare, bona