The New York Herald Newspaper, April 10, 1874, Page 8

FINANCIAL AND COMMERCIAL The Effect of Inflation Abroad--Opin- ions of Foreign Merchants. A DROOPING STOCK MARKET. Heavy Weights Being Unloaded — Gloom Among the Speculators. GREENBACKS WORTH 88 CENTS. THURSDAY, April Y—6 P.M. The lamentable resuits of the recent Congres- @lonal action and of the prospective policy of that Body are already showing themse!ves on the other | @ide of the Atlantic. Private letters received here by merchants and bankers mdicate a decrease in ‘the faith that has heretofore aitached to Amerivau {| @ecurities, especially those which are represented | Dy railroad ponds; likewise an invisposition to | continue investments that are not based on some- WAuL STREET, } thing like real values, ‘The following extracs from one of these communications will best tiluss strate the feeling to which we reier:—"l am aston- Sshed at the short-sigh'ed p which Amer- ytobe moved. With Jean legislators seem just n° @ credit heretofore so wel ed, with re- Bources so abundant, with an opportunity before, your people to make use of the immense capital Which {s seeking mvestiment tu every European market, it scems little st of NATIONAL INSANITY to increase your debt to the public by the issue of more paper money is & repetition, in a limited | degree, of the experiences of the late Southern Confederacy, rom which so many of us suffered, and cannot fai to diminish the confidence that has | been felt here in the safety of American tovest- | . ments. Surely, with so much gold and silver as | you are annually produc With the balance of | twade gradually improving m your favor and a country capable of such rapid recuperation from panic as is yours, one would think that the aim of your fnancia Jers in Congress, and out of it, ‘Would be directed 10 » improvement instead of | the depreciation of yo ney and its establish | Ment upon 4 gold bi sneh announcement | ” Would de received here with uualloyed satistaction, Decause it would be a promise tothe European capitalist of salety for investment and an in- | @ucement to him re plant lis money where it pays @o much higher rates of interest than at home,” It will be seen that the correspondent alludes to what has been so urgently iterated and reiterated | by the minority mm Congress and the majority of the leading newspapers of the country—to wit, hat we not only have currency enough but that a further issue will be attended by THE GRAVEST FINANCIAL EVILS. It is interesting to trace some of the evils re- | Suiting in the past from false ideas of the nacure nd work of currency. | ebruary, 1720, the French government gave power to issne an incon | Vertible paper currency hn Law. In the Month of May notes had been issued of the nom | inal value of $6,000,000,000. One hundred livres ug paper were worth about one in silver. In {yg the | French government itself assumed sack power and authorized the issue of $80,000,000 of assignats, Dased on the security of the public domain, then estimated to be worth $1,500,000,000. In Septem- ber, of the same year, iuriuer issues to the amount of $100,000,000 were authorized. France was the Paradise of the nGation:sts. The country enjoyed Prosperity—on paper. Ta nd opposed these Assues as certain to cause depreciavion, but he was Midicuied by Mirabeau in speeches, the counterpart of which are delivered to-day by Mi LOGAN AND OTHER THINKERS im the same school, In 4 twelvemonth these as- mgnats lost one-ttird of their value. An attempt was made by legislative enactments to overrwe the laws of trade. it jailed. In 1796 assignats fel to one-thousandth part of their nominal vatue. ‘Yet they were secured by public lands and bure the imprint of the nation’s faith. In 1796 the great paper Jabric tumbled imto ruins, and then specie came from its hiding place aid gave new lle to France. Jn Austria, in 1810,a silver forin was ‘Worth thirteen tn paper. In 1313 the Danish goy- ernment exchanged its currency at the rate of $1 ‘mm silver for $1,300 of paper. In the was: raised in England, such as we lear to-day, that She circulation was not suMcient for x! THE BUSINESS WANTS OF THE COMMUNITY. More medium was demanded by the merchants, and the Bank of England enlarged its issues, Its Paper depreciated and it became necessary to diminish the supply. During the years 1814, 1815 and 1816 it 1s estimated that the contraction amounted to about $100,000,000, and thus, ip 1815-29, the resumption of specie payments became possible. In this year of our Lord 1974, legal tender of “the best government the world ever saw" is j ‘worth about 8% cents on the dollar, And Sbis in the time of peace and plenty. Will Congres- sional stupidity go further in its imitation of the doctrines of the revolutionary Mirabeau? GOLD @eclined from 113%; to 119%,;, advanced to 11a and @losed at 11554 a 118%. The carrying rates were 3 and4percent, Tue value o! ubacks ed from 68 cents 2 milis 10 57 ceats und 9 mills, and Were at the close 83. OPERATIONS OF THE OC Gold balances. Currency balances: Gross clearances. . CLEARING HOUS! Currency exchanges currency valance Gold exchanges. Gola balances. y THE & The London market closed duil and steady at the Joliowing quotations:—Consols for moucy. 821-16; consola for account, 92% a 92 109 & 10915; five-twenty 3g a 109%; ten-lorty bonas, 1041; ; Erie, 31% a 32; New York Cen- The rate of discount Jor three months? .D EXCHANGE BAN! twenty bonds of 1865, ol bends of 1907, 2 new fives, 1045; tral, 90. 1 rate. The directors, by card, announce that no change is made in the rate of discount. he bullion Gecreased £436,000 during the p portion of the b: t week, The pro- | ity, which tast | to ita ve ‘Week was 4234 per cent, is recent. Paris | despatches quote rentes at The specie in | ‘The Bank of France bas in 3,737,009 francs auring the past week. iu fk five-twenty bouds of 1862 are dkfort United States The { quoted at 8 following report comes irom Amster pion Pacific first mortgage bor weak, Union | Pacific stock steady, Northw r red Sirmer, 62; Erie weak and lower, o1),. GOVERNMENT BOND: Government bonds ciosed steady at the follow y six M74; do, sixes, @0., d0., coupons, i a 1 1962, registerod, 114 a 11494; 217% & 118; do. do., 1804, Fr GO, O6., Compons, 11934 a 120; do. do:, 1 teredp1lé a 116), ; do. do., do., coupons, 12 do. do., 1865, new, registered, 115% a 11874; do., coupons, 11575 aa 119);; do. do., tered, 119% 8120; do. do., do., coupon, 0. G0., 1868, regisvered, 11444 a1 110% @ 120; do. ten-forlies, registered, do., coupons, 1147 ai 6 p 116% a 110; do, do, do, do. M “ 115% #116. 00 ; | . TH CNITED eTATES TREASURY. : Adana pts from customs to-day were do sie ” an, ‘Treasury. of gold to-day, amounting to ee ret 100 &0-. | ‘$1, the was made from 113.52 to ww bas 10 Chi & RVG NO 113.63%. ‘The Assistant Treasurer to-day pald out | wy 90.22.0004 in 5 | 100 Panama RR: **"o3 119) j $14,000 on account of interest and $15,000 In re- | iWon Y. Cs HER rd Mie , d@emption of five-twenty bonds, ng go. ceveee 998 wy i | 0. 9 100 Chi AN THE MONRY MARKET. wan. Hib a Ww i pt Greenbacks to-day were worth, at the close of 120 & to: at the gold market, 83 cents on the dollar, Money | ji to. 5 oS Pi ‘was abundantly offered at 8 and 4 per cent on call. | Too cna nw Rik P FA Bos a ii i The discount market conumned easy Mh EMP TROT L AY OGraprrneld bie MW Cav At ent, Which is 1-16 per cent below | | Erie 3 | short time ago was selling at 112);, now sells, ex | five per cent dividend; at 104. Bank of England has | bids ar oiler, or shall offer to Day or se!l a | stock of the main branch for the half | Rattroad for March were $890,000, against $ cent. Foreign exchange was eteacy. tat dull at 4.85 for prime 60 day’s sterling and 4.83 for demand. STATE BONDS AND BANK SHAKES were dull, with prices generally unchanged. Bank shares were also lightly dealt in, American Ex- change brought 112% a 113; Commerce, 120; Fourth National, 107, and St. Nicholas, 110, RAILROAD BONDS were moderately firm, and continue to invite in- vestment, Harlem first sold at 107, Erte third at 9834, Central Pacific at 94%, Union Pacific firsts at 86%; and Incomes at the same price. The late bids were as follows :— Bid. Alb & Susg lst bds. Clev & Tol new his... 9744 Bos, H& £ lstm....... 278 Clev, P & A old bds.-..100 Bur, © Rot M ist, 7's, ¢ 50°” Clev. P & A new bds... Siig Chi'& Alton sink’ 1upd-100 Detroit, Moa & Tol bds. 9844 whi € Alton ist im......105 Butt & Erie new bas... 95 Chi & Alton income...) 95 Kalamazoo & Wa P 1st 60 soliet & Chidstin-....108 Lake shore diy bds..- 94 y na & Mo Ist. gti Lake Shore con lat, c.. 973¢ rok Lsland & Poct05 Lal ct or.) 1 istun Tse 1.10836 nm con T - 896 109 Mich Cen Ist m, 8's, "82.105 (atny 100% New York Cen’t's, 583.. 9 \graly convert: -1uaiy New York Cen 6 93 87. New York Cen 6's, re. 9134 York Cen v's, sub, 92 Imp bonds. a istum PD.Wig New ¥ 741, PD ¥8" New York Cen Ist m, 7.105 tP 7s, gold, RD 87% Hud KR 7's 3d m, "75... 10236 te Is La OD. 88 Harlem 7's, Ist im, ¢....106 mm, O& M75 Harlem 7s, Ist m, r...-105, Ohio & Misscon......:. 91 Cen Pac gold bds.-..°. 9414 Cen Pac State aid’ bds.10)+4 Western Pacific bonds 87% Union Mac tstm bus... 88% Union Pac 1g 7s,...... BL Union Pacific 10's, inc, 56% < Del, Lack & W Pitt W & Ohi Lb : Del, Lack &W. its Ft W de Chi Ist m.10sg Pitts, it W & Chi zd m: Morris Essex Ist Pitts, FW & Chi Sd m. 9434 Morris & Essex 2d m. Clev & Pitts 8d im. OL Morris & bssex 7's, 7 Ciey d Pitts 4th m 20 Erie Istm ex. Col, Chi. Ind 2d mi../) 62 Alton € TH Ist m. Alton &'T H 2d m, pr Alton & T H 2d m inc Tol, Peoria & War, WD 73, ‘Tol, Peoria & War, 2d m 58 To! & Wab ist m ex,... 94654 Erie 2d 1m, 7°S, 83. te Sth m, SAR Ni Cen 7 per cent, 175. :10L Dub & Sioux City2d d. 0 edar ¥ & Minn“istm. 76 Tol & Wab Istm, St i D S2ig Ind, Bloom & West Ist. 8L Toledo & Wadash 2d m. 83 Ind, Bloom & West 2d. 65 Tol & Wab equip bonds 65 Mich south 7pc, 24 m.U3 ‘Toledo & Wab cone... 72 Mich so &N ist? pc.W05 Great West 2d m, wi... 81% Cley & Tol sf, 103% Tl & South Jowa'Ist m 8 THE CURRENCY BILL, After the close of the market the news was re- ceived that General Butler was endeavoring to bring before the House of Representatives the Senate bill as a substitute for that of the House Banking and Currency Committee, to the end that the former shali be first voted upon. Itis said on the street that the passage of either measure will give additional strength to gold. The infla- tionists continue united and determined and claim a large majority. THE STOCK MARKET. The stock market to-day was weak. IJts course indicated a want of confidence, unsettled opinions with reference to its future and a disposition on the part of holders to hedge. The large operators were notably absent and transactions were con- fined principally to the traders who content themselves with the profits of hourly fuc- tuations. Nor are ‘prices encourag’ng. Every day shows more or less of decline. With a few ex- ceptions the closing figures are lower than those of yesterday and the day before it, Nor are the mere speculative stocks alone gubject to the de- pressing influences. There is a constant shrink- age among what are classed as investment securi- ties. Chicago, Burlington and Quincy, which a New York Central, which sold at 105%, ts not strong, ex-dividend of 4 per cent, at 9944 a 99%. Rock Island, which has been held at 106%, sells, ex-dividend of 4 per cent, ati0l%. Among the other stocks Onio and Missis- sippl bas gradually declined, while Jron Mountain shows a decided break within three days from 55 to 873%. In THE ABSENCE OF ACTIVE SPECULATION and an absolute pounding of the market these facts are significant, inasmuch as they indicate a reaching alter something like real values. When corporations like New York Central, Erie, Pennsyl- | vania, and Baltimore and Ohio publish to the world that they huve reduced fares for emigrants from $15 to $5irom New York tothe West the business men of the country naturally construe the incident, not as the result of competition, but of necessity. Erie might carry its passengers for | nothing, and, so far as dividends are concerned, is stockholders would be none the wiser; but tne | 2 dividend paying roads have a Gifferent mission, | and the wonder is how they will be afected by the toss. The course of the trade m stocks was | as follows:—Western Union opened at | ageclined to 7%, recovered to 78%, | ined again one-half per cent and closed | at 78. Pacific Mail fell from 47}¢to 47, advanced to | 48, retrograded 1 per cent, but recovered and davai. Marked weakness was developed in New York Central, which, to the extent of | about , SOld at 99% & 995% AD9% a | Northwest common, at 53% a 544% a 53% 3 a 36% a 35% a 36 B 35K a0 hore at 73% a 777% a 784 a 7 ; Union Pacific at 374% a 374% a dia cl nd at 106% @ 105, ex div. 10134; St. Paul, 42 ts @ 41% a 41% a 41%; Northwest preferred, 705;. Wabash sold at 453, @ 45% a 45% aga ds. Cc. and I, C. opened at 3234, de- clined to 32 and closed at Ohio and Mississippi opened at 302; and went of % per cent. Iron Mountain soldat 39 @ 38 a 8834 a 39; ware, Lackawanna aud Western at 107% a 1074. Other quotations wiil be found below, HIGHEST AND LOWEST PRICES. The followtag table shows the epening, highest and lowest prices of the day:— » Opening. Highest. Lowest, New York Central. Erie... Lake Sor Wabash. Northwester ‘ Northwestern prete Kock island... Pitisburg Miiwaw Mil, and St. , Lack. Cajon Pac C..C, and L. ©. stern Onion. utic and Pac ¢ Matl Panama... 3 113% 13K MEMORANDA, The Stock Exchange has suspen‘ed from mem- bership Mr. George B. W for making private settlements with his creditors, imstead of report- ing himself to the Board, as the rules of the Ex- change demand. Messrs. Eugene Finck and H. L. Rotchkiss have been elected members of the Stuck change. ‘The Governing Committee of the Stock Exchange has adopted tne following rule Any member who shali make fictitions or trifing security at a joss valuation than one-eighth of one sper cent, shall upon conviction thereof be subject to suspension, or sich otier penalty a8 the Goy- erning Comuittee shall impose. | The Baltimore and Ohio Railroad Company on the 8th declared a dividend of five per cent on the ar ended March 31, payabie on and aiter May 1; and also a dividend of five per cent on the stock of the Wash. | ington brauch for the half year ended Marca 31, payable on and alter the 17th inst, The estimated gross earnings of the Union Pacific $78,000 as the corrected earnings for the same month last year. @ . | SALES AT THE NEW YORK STOOK EXCHANGE. Thursday, April 9—10 A. rt | Before Call, | 4 10 shs Erie RR ion o. tt Un Tel 1a 3 do. 109 | do. | IWwLseMs 10000 Us 6's, cur. 10.00 do... OS 5-20, r, °65, 0, eee e, ‘O72 First Board—10:30 A. M. 000 N 200 shs Chi 2 NW RRbe 5434 fir vi do. e 30u0 M. boo © 5000 N 5000 Mil 100, GO. ..00 - 5000 M DNYCAHRRK. pudn Lao Q0..-+ bau C $00 5000 Cl Eo) 100 Bult & Erienew. 96 100 5000 Mich South si.b ¢ 105} 10 15000 NY Cen lst m,c. 10555 30 a Wor 209 Cen 4% 100 Oo Un Pac 87. 300 | do. feces BOM 130 10000 Un CTgbds sig ae Bw StL A&I M istm. Ww 1000 T, £Wis,WD 73 5000 Gt West st, 533, 2000 West Un Tel 7's 600 do... 000 Lake Shore c rbs 3100 L Shore cone S000 Ches & Ohio 13t 15 shs Am Ex Bk 5 di 25 Bank of 45 Fourth £0 St Nicholas Bank. 10 vel & Han Co.be £0 do. 200 Con Coal: 532 Amer Dis Tel 300 West Uu Tel 24008 100 Carers 100 ao. wo do 0 ao. do. ry ao. 1950} do. 50 do: 900, do. 40 do. 300 Erie KR, 400 do 1000 a 10 ae 260, O € 100 U' Pitts, 15 10) Pac M 55 Co. 200 50 60 200 400 300 ‘800 do. 2500 ahs West Un Tel. 100 do. 300 ao. 200 ao... 8H) Pac MSS Co. 20) ele 500 a 300 do. IM & SUP RR 0. 100 PP. 200 Ws 400 10) 100 ww 800 shs LS & MS RR. goo 100 Bos, H a 30) Chi & i700 100 At & Pac RR p: 100 do... 400 Chi & RI 20 100 200 do. p 300 Ohio & Miss RR.| 1) US 10-40, 5.00 US Os. cu At& Pad RE pie M.—Before Call. 10. . Un-Pac ER, do L& WRR..s5 do: Del, Ri, NWRR. do. Second Board—1 P. M. $1000 Erie 34. m.......6 98%4 100 700 Harlem Ist, 7s, 6 107, two 400) Cen Pac gold Bas M3500 OHH Un Pac Hit Ist... 808) 400 2000 Un Pae ls, i. 569 200 100 C &NWee ga bds 88% 200 S000Am Dk &Impi7's. Ww lov Miabest Nicholas BK 110 109 100 Mar Ld & be 6 9” 600 West Un | be 30 100" a0... a S00 do. 200 200. do. 100 OO ah a 10) Pac M SS 100 i 0 1 00 400 Bn wo) 409 39) Ame) do rh by du 500 Brie Ri iw do ‘0 ao. 1 N J Cen | 10) do pO LS&M 11m mR TTF 1) “n uu wo 209 00 50 aK 30 400 40 1) 909 10. 2) 20 100 uy r a 190 200 do ; HOCH & NW RRS SO Chi &é RIRR ny Fort Waste } shs Up Pac RRbes3 37 ot ST Chig do.. S10 do SERS Mil & st Vaulp Tol, W& WRK, do. a do do. do. P.FLW ¢ vel, ‘Ohio & 0 4 Nan & Sth. 3 O'CLOOE P, M, ncifie.. 3 COMMERCIAL REPORT. Cotton Better=Rork Quict—Flou Firmer—Corn Steady=Oats DalieLard _———__ Yr Dirm — Wheat a Shade EasicreGroe ceries Steady—Petroleum Qutei—Naval Stores Quict=Freights Firm=Whiskey Steady. THURSDAY, April 9—¢P, M, The trade movement has fair today, gen- erally speaking, and values in sone instar Dibited some improvem: change there was a lib with @ fair de mani, ent. ral business im figur, and the market was fir and the mark 8 eX. -roduee Ex- onstinmated heat met was firmer. At the Corn was steady in value, ander a good demand born for lots on tie spot and to ar Pork was dull, but held at previc Lard suffered a sitght deciine. tirmer. ve. Oats were ous prices. was in de. sugar mand and steady, but Other groceries were quiet and vaines nominal, particularly for come. Petroleum was quiet and easy. Spirits turpentine ruled casier, while rosin remained about steady, and steady. Correx.—The market remained dull. | ported from frst hands, and in a Jobbing way the trans- Whiskey was in demand No sales were ree actions were animportant. We append our former quo- tations, as follows:—Rio—Orainary cargoes, 190, & 1940. ; JO G00, Whee BW 5 KO0d dom JLisc, & dls. ppruwe ) en ee AL $ | To London, by sail, 5,000 bushels grain (relet room) at 8d, |” Provtsrons.—Reccipts—Por! is. ; beef, 126 pack- | 4 | ages: cut meats, A73do.; lard, 1.74) bbis. aud tierces, For mess pork the market was dull and drooping: new | mess, on the spot, was offered at $17 per DUI; no trans: do., 280. a Bie. extreme range for lote, 190, a 226. gold, ver Ib. @ and 9 days’ credit; Java, government bags, maica, 2c. a %e.; St 2le. a Be, ; Costa Rica, 2ic, a c.; Mexican, 2ic. a we.5 5s try rt 200.8 946. ; Ouracos, We. @ ‘2c., gold rer Ib.. Corrox.--Without actual decline the market for cotton the spot was we ices ruled easivr. ‘Puiure’’ Gained ice and closed with the tondency still down- ward. We quote Oraina 13 B 13 Good ordinary. 1g 13 1534 Strict good ordinary, L 16. 1 16: Low widdling 16! AG ~16) 16) Middiing. . . 47} 1 Ws Good middling’. 153 1b ret 1833 | <The sales were — plies wien Last Ee’. Total. 240 i Consumption. Specuiation . log 410 totais a1 392 ry jow middling) the sales have ning after three o'clock. S00 at 10 21 2e,; June, 20 at 300 at 17 17-82c. “Total, 1.80) eB M.—Aprily 100 at 16%4e., 200 at $00 at 16 f6c.; May, 500 at 18 21-32e., 00 AL 1621-820. 600 at 16442., 200 at 16 21-32c,, 1.400 at 16 19-82c., 200 ‘at 1644c.. 80H) at Oat ATpe., 100 at 17 5-380, , jt 746, } 600 at 17. S.S2e.," Sv at 17 Plde,, 400 vat i7 8320. : July, at 17 17-320.; August, 200 at 17 ‘13-160. ; October, 100 at I7c. Total, 14,900 Bales, Grand total, 17,000 bales, The seceipts Galveston, (40 bales: New Orleans, \627; Mobi 7; Charleston, 692; Wilmington, 192. ew York, 2190; Boston, 75. Total 813. ‘This day lust ‘veal m porty were quoted D Tlavre, by steam, fe, ; by san. %c. To Ham- by sail, Xe. To Bremen, by steam, compressed. To Liverpool, by steam, 29 bbls, ; wheat ; corn. 1, 877 bbls. an 1,500 do. The fiour i, both from the —For tutu been as follows April, 300 at 165 17 S-dde.. 200 at 17 390: Savannah, Norfolic, 1.049 bales, Thisday last week. tes on coilon to tore 39,300 bushels; corn, 140,500 do, 33) bags oats, 31,000, bushels: ‘rye, market was frm, under a fair dew home trade and for export. The sales foot up about 11,90 bbis., including all kinds, at prices within the range of our quoiations. Corn ineal was steady and in fair de- mand, Sales 1,000 bbls. at $4 a $4 15 tor Jersey; $4 a $4.35 for Western and $4 50 tor Brandywine, We quote No. 2 State. Choice Stace Superfine Western: xtra Western... extra Minnesdta E Round hoop Ohio, Round hoop Ohio, tras ue brand Family St. Louis, \. St Lonis, straight € St, Louts, choice double Louis, choice tamily Pguctananinet {GERRERTES SSSESSES SRERKS Per So Uther extra. Souther, family Corn meal, Wester. Corn meal, Jersey Corn meal, Brandywine wesalocee 4 arket was a shade firmer an a ] mand fair. + ‘out 9,000 bushels at $t 52 a $1.56 for ungraded” spring, $1 58 ‘a $1 G0 for No. 2 Milwaukee ng, $1.54.a $1 57 for No. 2 ae spring, $1 604 @ ior No.1 spring, $165a$1 66 for winter red ‘ana $179 tor amber winter, market closing quiet. Corn was firm and in good demand. sales 138,000 bushels at B5c. a 8sc, tor new Western mixed, 88, & 9c. for good to choice dry high mixed, 3c. a| %e. for Western yellow. Included in the above Sales are 40,009 bushels of ‘old, to arrive this mouth, ats0c. a Sle, and 25,000 bushels of damaged at 7Zéc. "Oats were rather firmer and sold to the extent of 41.000 bushels, at de, a 6c. tor common to choice mixed, and 623gc. a b6%gc. for poor to very choice mixed. Barley was quiet; sales since our last, 12,000 ushels, at $1.40 tor Danubian (5,000 bushels) and the bal- | ance on private terms, Rye was quiet; sales 4,000 bush- | els, in car lots, at $1 03 a $110; $105 a $1 OF tor Jersey and Pennsylvania, Freionts.—Berth freights were dull to-dav, owing | chiefly to seduced supply of available room, especially | by steamer, and the advanced rates asked. In charters | We note a better demand for vessel» adapted to the wants of the petroleum trade, and a tair inquiry for those suit- able for grain. ‘The tone of the market was firm, but | lugher rates not obtainable. The enzagements were: } To Liverpool, by sail, 4,00) bushels grain at mgd. a 9d,. 8) boxes bacon at 25s.; for grain, by. steam, 10d. was bid. bags. To Glasgow by steam, 150 boxes bacon at 42s. 6d. Tr hihds. tallow at ‘82, 6d. To Bristol, by steam, 7,800 bushels wheat at 9d., 1,500 boxes cheese at 55s. and 30 tous tallow at & ‘to"Havre. by steam, 48,000 bushels ‘ain at 24e., gold. ‘The charters were:—A German briy, nee io Liverpool or Glasgow, With 1,400 bbis. residuum Tig; @ British vark, hence to Galway, | with 2,500 Guarters grain at 6x; an Austrian bark hence | to Cork for orders, and United Kingdom with 3.300 | quarters grain at 6s, 2d; a British bark of 360 tons regis- ence to Liverpool’ with a miscellancous-cargo on rivate terms; a German ship of 6,300 bbls. and a British | sip of 7,000 bbls. capacity hence to the Continent with refined petroleutn, both wt 4s, d. 2 u Swedish brig hence to Stockholm with 2,000 bbis. refined do. on private terms; & North German ship hence tothe Continent with 4,800 bbls, refined do, at 4s. 6d. ; a British bark hence to Alex- andila with 11,00) cases retined do. at Sic. and 500 bbls. Go. at 7s.; rumored Norwegian bark hence to Stettin 1 3,000 bbls. refined do. on private terms, and a bark E isbou With 1,600 bbls. refined do. at 5s, 9d. Mozassrs.—Trade to-day was coutined to jobbing par- | cels of domestic aggregaiing about 200 bbls. of New Or- leans at from 6%. 4 74c. The stock this date includes 2.124 bhds. of Cuba, 408 do. of Porto Rico. 46 do. of Eng- fi Islands and 9,70) bbis of New. Orleans. New crop—Cuva, centriiugal and mixed, 20c. clayed. Se. a do, muscovade refining, do, do. ‘grove ‘a de. ; Porto Rico, 38¢, a 70 ist Islands, 306. a 50c. , New Orleans, te. a 74c. ‘avai StoRES,—The ‘market for spirits of turpentine opened aout steady, with 135 bbis. sold early at 46. ; subsequently round lots were offered at 45:sc., but the best pid obtained was éoc. Rosin was steady at $2 45 a 2-50 for strained, but the market was quiet; sales of £00 bbls. of good strained, late yesterday, at $2 50: to-day, 1,700 bbls. of do., to arrive, onY private terms: and of the des, #0) bbls. of tow ‘No. $2 otis a 82,6734. | ‘Tar was duilind obtainable at $3 ilmington. Pitch | was placed ina jobbing way at previously quoted prices. | Prroteom.—On ‘chanze toadiy che marxet for re | gned was quiet and somewhat easier. We heard of sales of 7,00) bbis. for early delivery at Idec. Crude, in bulk, | was obtai which price was nominal, how, ever. in the absence of reported transactions. ‘Case Quoted at ie. a 2c. and naphtha nominal at 94c, The | Philadelphia market was dull and easy. Retined guoted at 15\¢. a.l54\e. tor spot or balance of month. From the | oil producing points advices were of a generally quiet | but firm market, quoted as tollows:—iidiwute, $1 705 Titueville, $i v5 a $1 9744; Petroleum Centre,’ $1 90; Parker's, $19 a $i $244 at Union, $155 a $i 8734 at nited. Ss 3 & - | actions were made for tuture delivery. Dressed hogs, | thongh quiet, were firm, closing at 7c. per Ib. Beet, without essential change in value, remaimed quiet, with | | transactions contined to jobbine ‘parcels, amounting to 13) bbls, at prices within the range. We’ quote:—Piain | mess, bols., $10 50 a $11 0; extra do, $12 5) 2 $13, prime | do, terces, 3 ia do, Yo. $26 a $25, and 9. | extra do. do. % Beer ham? were steady in value, and lots to the amount of 5) bbls. were placed, | within th of $18 a $22 for Southern and $22.0 $ Cur meats were steady, and | the demand onis We note-sales of 200 pickled hams on privaté terns 0 smoked shoulders at 8 » 00 hams at i2:<c., 30 boxes clear bellies at Wike. Bacon tmer, closing at 97-16c. per iv. for long . per Ib. fOr short r, without note: | Worthy sales. Lard was dull and lower. ‘The sales were | 75) terces Western steam, April, at liso. : 7) nerces do. | May, at lu dite. a Ie. and’ 750 tierces do., June, at 1 7-i8e. Butier ruled duil with a downward tendency. | Property; ‘niso ¢ JOHN etein SR, BITRE Pa es stoudy at $28 tor No write tor ‘Mic! No. fe si SDT No. phy wh afc axe; mo grade RR i wi nmenta-—1-000 bla, “our, 1,00) bushels corn and 27,000 do. oats. Flour quiet and unchanged, Wear auter and wenk, 0 at $1 25 for No. SP atic toe k od al 2 spr ag for No. 2 do., regular, or Aprit sae hy Fi *gune; No. 3 do., refected, ii, Cofn hrm and intuit ry $1 1346 a SL demauc, at 6ls,e. for N, mixed, cash or April; 653¢c. bid for Mays new No. 2 mixed: When. 60\cc.4 elected, old, Wige- a Bice, cnew, Beige. | Oats dull and unchange at Gige. r lo, Bo 3 c., May, Rye steady at Dc. for No.2 Barley firm and in ialr deinand at $1 60 for No.2 spring: fork unseltied, lerogular ait lower cash lots nominally $165 May. $18 90;. Jane. sie i lara ny 3 holders m al ec. cash ; $9 66 a a May. Bulk meats steady ana Weshacpas: no sales. Whiskey steady at 98¢, bushels wheat. Ei dn woh 310 ‘to We, and 4,000 do. -barley. Shipme: 136.000 bushels wheat, "$8,000 do. 1,000 rye and 4,000 do. bariey. EUROPEAN MARKETS, Livenroow Propucs Manxer.—Livenvoou, April 9— Evening.—Fine rosin, 1; " 1 PMG oy me in, 138, percwt. Spirits turpentine, Lonpox Provuck Manxer.—Lowpox, Apri! 9—Evening.— Common rosin, ts. per ews, Spiriis turpentine, 38, 6d, flour, 67,000 oats flour, corn, 25,000 do. oats, ee RINANCIAL, UGUST BELMONT & CO, Nat FUSE ODS Bbibectsio “Alowommercat crents and telegraphic transfers of money on California, Europe and Havana. T RB APONABUS HATE MONRY ON ney a ie nce Polic! lortgages and other Securiiies; insurance of all kinds é! of with best com panies. J.J, HABRICI & 17 Broadway, A WSTOGK PRIVILEGES—$50 FOR. SHARES, $100 + for 100 shitres ot auy stock at lowest market fates. The only sate method of operating in. stocks on, Limited capital fully explained in pamphlet; delivered free on Application, UMBRIDGE & ©O., Bankers and Brokers, 39 Wall street, New York, —LAPSLEY & BAZLEY, BROKERS, 74 BROAD. + WAY, BUY AND SELL PRIVILEGES: ALSO DOUBLE ‘PRIVILEGES ON “MEMBERS OR THE EXCHANGE” OR RESPONSIBLE PARTIES; STOCK OPERATIONS MADE AGAINST APPROVED CON- TRACTS; UOTATIONS FURNISHED. EXPLANA- TORY CIRCULARS, WITH REFERENCES, MAILED TO ANY ADDRESS, LAPSLEY_& BAZLEY, 74 BROADWAY. pues 3 erreeer erie sed annnneceten cacancn tee A wanes 18 DESIROUS OF sas ube: wi he thoroughly inte, and w! as maove, is now acen @ rapid ft 3s secre an ROMSTaDIS partner atthe geutiormen cr who ta really desirousof eugaging im business, nnd Perarebots ein, Aire cany ca elise an exp! Biven GgOD F. ‘H, 228 Herald office. A PARTY HAVING A TRACT OF LAND WITHIN ht miles of New York. railroad runnii through it and unsurpassed Mer ieee of location, 19 rn sirous of forming & stock id dl = sired. Address DE BLOPMENT, box 21 ‘Herald omees MAN OF ENERGY AND SOME BUSINESS BX- atti runner reg ea tna mane No curiosity seekers need Loge a a Ww. Wilton tis Broadway, room 35, PARTNER WANTED—WITH IN [f° A ness cnterprise that will Field Ransome’ returns} only fo Inquire at $55 West Thirty-first str tes of-address and réspectahility, need apply. ‘A BARE BUSINESS OPPORTUNITY —THE STOO ret, from LO till 5, and Fixtures of @ Ship Chandlery and. E: Supply Store. for ue, by We ain ower leaving 4 efty reason for selling ont; ean be lease years, Anplyyto E. WHITEHEAD, No, 1g Vine serene OR SALE CHBAPSTHW RIGHT IN A PATENT for any or all of the States; a useful article in the harcrare Rod verieuitural trae; ean bo made ‘any vhere; Uo expense for machinery. ‘where; uo expense for Had SMITH, 99 Wiliam street. INFSS.—~RARE CHANCE; THE OWN. ers of a new city hotel, unsurpassed loeation, would aid a competent party, with some means, to furnish it Apply at 25 Third avenue. ‘OTEL BL J WANT AN ACTIVE MAN WITH $350 TO ASSIST me ina sate, well established cash business, now Pay- iug handsome profits. MORTON & CO., 697 Broadway. OR CLERK WITH NOT LESS THAN $3,000 ready cash to go South at once: ainnle gee Rob wood salary or an interest. Address HAWKL ‘eraid offlee, WANTED—A PARTNER, IN A PRODUOE COMMIS. ‘sion house, to take the place of one of the partners ping outor tho ‘city, @ Rood, live man. with $1,000 or 2,00) Jn and, will ‘find tng’ an opportunity sekiom, offered; one of influence in the business preterred. Ad- dress J.'J., box 221 Herald office, this weet. COMPETENT BUSINESS MAN, some me: to take. ohares of a set of books outdoor business in a well establishod house, none need apply unless he fs capable ot ia) poms to buy an Interest affer a fair trial. Adaress A. Y. B,, {orald ofice, ANTED—A PARTNER WITH $10,009 TO $15,000, IN an established, legitimate and ag husiness that will bear rigid investigation. Address ENTSR- PRISE, Herald office. YOUNG LADY WISHES TO MEET WITH A GEN. tleman who will render her pecuniary assietance immediately. Address L. R., box 103 Herald office. $600 WILL BUY ON! ALF INTEREST INA lagicimate Business well establish fford~ ing good prot (iF aN county rrzasvny, San Francisco, March 2, 1874, PARK IMPROVEMENT BONDS ot the city and county af San Francisco, Sealea Proposals will be recelved'at the office of the City and County Treasurer, San Francisco, until Wednesday, Apri? 29, 1874, at 12 o'¢lock, noon, for the piechase, of (125) one hundred and twenty-five Bonds, the same being @ portion of 25) bonds authorized to be Issued by an actof the Legisiature ot the State of California, entitled “An act concerning certain reserva tions of the city aud county of San Francisco.” ap. proved March If, 1874, and upon the written. requisition of E. L. Sullivan, 8, F. Butterworth and William Alvord, Park Commissioners, dated March 15, 1874. Said Vonds will be of the denomination of $1,000 each, Payable in thirty years from the lst of April, INS, with Interest at the rate of six per cent per annum trom the 30th day of Apr. 1874; interest pavable semi-annually on the Ist of October and Ist of Aprileach year. Prin- cipal ana interest payable in United States gold coin, and In,this city and county. The faith ana credit of the elty and county of San Francisco is pledged tor the payment of principal and interest in United States gold coin. Bidders will state the rate per cent at which they will purchase said bonds, payable in United States gold coin. Each bid must be accompanied by ten per cent of the amount bid for, eituer by certified check or in gold com, No bid will be considered if at less than ninety per cent of the par value. Proposais to be endorsed, ‘Proposals for Park Im- provement Bonds.” JAMES OTIS, Mayor, M. ASHBURY’, Auditor, < » HUBERT, Treasurer OonecraL WAREHOUSE CO—CASH CAPITAL, $2,000,000—Omice, 29 William street, corner Ex: change place; warehouses, Adante Dock Brooklyn. Cash advances made on tirst class securities on demand and time. sh advances made on all kinds of mer- chandise ‘stored in our own Warehouses or consigned to | us on favorable terins. PAUL J, ARMOUR, President ng JOSE F. NAVARRO, Vice Presidemt. JOUN BAIRD, Second Vice Presicent «, FELICLANO LATASA, Third Vice President. Paul J."Armour, Wm. D. Bowerman, ©. 1. Delamater, Jose F. Navarro, Feliciano Lutasa, © Jann J. Jovi, John Baird,” Thomus Marphy, Henry B, Hede. WILLTAM TOBIN, Superintendent of Warehouses. Jaws CLysk, Secretary. ERTIFICATE OF 40 SHARES OF THE CHARTIERS | Ranlway Company, standing in name of W. J. Rad- cliffee mislaid or lost.” ‘All parties ate cautioned against negotiati fer has been a. PSESUTORS: FUND OF $260,000 TO LOAS—IN SUMS tosuit,on first class New York and Brooklyn cit) lients ta buy Mortgages. Address al: Post oftce, New York, TOKNEY, b JPSTATE FUN $175,000 tor Second Mortgage with liberal loans. Call. ALP D ell located Lots PARPART, hird avenne. RST MORTGAGE $7,000 GOLD FOR SALE—ON 105 aeres and an clegant mansion worth ninety tousand | dollars; the morigage has run along term of years and the party now want thetr woney; Who will buy itr Ad- dress box 2,92 Post oltice. ERSEY MORTGA SRY 3 Refrad parce on $5,000 TO ,000; must bo secured on productive propert gr COCKCKOF Es No. 5 Fite i room ty, & THOMAS FITCH, LAWYERS, 345 BROAD- way, New Yark. JOHN FITCH, THOMAS FITCH, formerly’ of Nevada. JOHN FITCH, Register in Bank: ruptey. MECHANIcs' AND TRADERS SAVINGS INSTITU. tion. No: 283 Rowery, near Houston street. Deposits n now, or until A draw interest from April L. Interest paid on all sums from $5 to $10,000. Open daily trom 10 4. M.to3 P. M., and on Mondays and Wednesdays irom 10 to 7 ALFRED T, CONKLIN, President. Henry C. Prsnex, secretary. ONEY TO LOAN—ON BONDS AND MORTGAG First and Second Mortgages bought and sold, at PENGEWs S Pine street. M Cheese was about steady in value but quiet. | gice.—There was only a moderate business consum- | mated i a jobbing way. but prices were steady. Sales | 85 tlerces 0) Carolina ‘at 74sec. A Sec, as to quality, and | | 200 bags of Rangoon at 7c. a7 | ‘SUGak.—The deiand for raw sugar eontinned good and the market ruled LY on the basis ot | tar to good. The sales incinde 660 hhds. Tie. w Tc, A Lhds. ot fair at Tc is of prime | at 7ige., 100 lands. atrifitgal at 8i¥c., and 100 bags of | do. oh privat terms. Refined met with a tair trade. and | rices exhibited no essential change from those last | fhoted. Messrs Walt, Creighton & Morrison, in their Circular ot this date, sum wp thus:— : Hhds. Boxes.’ Bags. Melato. Stock (ascertained by actral count, including ul tion) April 1, i874 Receipts since Aprill 939 41,048 Toi 1 | Totats...... ILE O86 Saics since Av eA — | Stock this das ont ; Da boats ie : 99,062 22,932 120,66 3.212 Comparing with stock April Ce recs Ages So 97288 9009 007 | | Mparing with sioc! ul isa. rere 20,902 47,983 228,778 4,852 a—Retining, inerior to common, 66. a i ah B00 to prime, ic. a 8igc.; prund centrifugal, bhds. aud boxes, | 8 a oMe.; mon is, and boxes, Siac. ‘yc. ; meine, 46, bac. d—Boxes, Dutch standart, Nos, 7t5, 6c. a, BMG do! d \-Porwo Rico: | grocery, fair to ch | standard, Nos, $ to 12, 53,0. a7iyc Nos 1 t012, Toc a Bye. Manilass' superior, bic, a 7ige. | % was neglected. In the absence of reported | uote 1140. a He, for prime to choice, " the market was active and, () We, neard | of sales (004 é AéTLy 200,090 Ibs, at 7340. ice. | | Wuiskey. —i ts, 1,629 obIs. The murket was steady | unier a tair demand. = 3h) bbls. at Goc., and we alsu | | note a aie of (dW bbls. of alcohol oa the basi ut De, | Gatveston, April 9 1874. | and: good ordinary, Wiye. 3 | iniddling, 16: pis, HU owes. Exporis, coast | wise, 4. Sales, 800, Stock, 55,972, | New ORLEANS, April 9, 1874, “9 Potton quict and steady ; middling, 1 Coton quic 07 ba gross, 7H. Exp ro Great Franc VEL; comscWise, 6,008. jes, U; last even. | ing, 2.100." stock, 21,265. . Ms Mowrur, April 9, 1874, | Cotton frm: de offerings ight, mi | low adding, | pis, 300 bales, | LOCK, 15,206, Savanant, April 9, 1874, | _ Cotton quiet and steady; middjing 1lsc. Net receipts, O37 that i" 073. EXxports—To the Continent, 2/51; 26, Sales, 584 Stock, 53,375, | Witauxatox, N. ©. April 9, 1874, | Spirits of turpentine quiet at Wige. Rosin stead: $1 ¥) Jor strained. Crude teraentine steady at $2 hard, $3 tor yellow dip. Tar quiet at 81 8), Oswico, Ancil 9, 1874, Flour steady: sales of 1,990 bbis., at'$7 75 tor No. L spring, $8 74 for amber winter, $9 25 Yor white doy, 89 75 for double exira. Wheat dull; sates of 8,500 Sushels co. ot Milwaukee club at $1.56 900 bushols do. at 157, 400 brstels choice woite’ Canada at $1 Corn quiet, at He. a Sle, Barley quiet. Corn meal sold at $1 05 for bolted aud #160 for unboited per ewt Mill. feed unchanged, at $20 torshorts, $26 for shipstufs and ye tor widdiings per ton. Kaliroad treights—Flour_ to joston, Bc.: to New York, @c.; to Albany, S6c, Re- cei Dts, 17,40 bushels of wheat at tor | Burraxo, April 9, 1874, Imports for the last twenty-four hours:—Fiour, fot Dis; Wheat, 25,149 bushels; corn, 62,365 do. ; oats, $7,520 do. ‘Exports—Wheat, 25,600 bushels} 100 do. 5 oats, 4.500 do. Flour quiet; Western spriny 75 & $75 bakers’, 87 29 a $7 75; amber, $7 2% & 8 2; white, $8 4 4 8 at ingood demand; sales of 5,40) bushels No. 2 Milwaukee apein 4 % a BL ta; Miywankeo No 1 sprit a x held at £1 04; red winter, $1 38.m % 0; white do. Bi H | $1 75, Corn’ advanced Ie. ; sal the track, ai "bo, 3 Moudy Nort wi) | Jersey ¢ | Principals acdress DOMESTIC MARKETS, is OND MOF GES WANTED 10 ' 2 ‘gt about $200,000, in sums to suit, by BARTON & WHITTEMOR: 5 Broadway Pan RUST FUNDS TO LOA Brooklyn Property, without bonus Leasehold Norigast ___ AM Jun I fckinedad & BO NEW YORK OR ed. dN BRO., 16) Broadway, room 3. , NO. 4 WALL STREET, deal in @eand 7's, Cincinnati 6's an a7 ton, Ohio, 8's sand7's, ‘Toledo 8's, St. Louis 6's, Ts, Detroit 7’ | Quiney, fi., 6 Louisville 3 and 7's, Mobiie. and Oliio Bonds and Miss. Central propert hol 50, $4,000, $4,000, $5,00, $7,000, $12,000, OW), $24,000 ‘and $45,000 wanted upon yn Property; liberal terms, WAR. U., No. S Beckman street, room 23. LOAN WANTED—ON A fLOCK brick Buildings wor: first class Bro S.WILKEY & | $8,000 and $12,000 first Mortwages tor sal mediately. d, $100.00( money wanted im- MOLLOY, 202 Broadway, rooin 6. WA? —KOR FIVE Y¢é 7, per cent per annum RS, L terest sold, pail quarterly, Jt yearly or yearly, promptly in a vance; security beyond auestion given over 20 fines the amount of loan. Only those having (he above amount and Wishing to loan the saure please address, with real name, for interview, box 112 Uerald off $14.0.00( TO LOAN ON FIRST cIry MORT ages: Seconds and leasehoid wante $55,000 to loan on Brooklyn Proverts. | Auply to KEN GOLDMAKR, 33 Vark fow, Express Burling. iO 97 \() TO LOAN ON REAL ESTATE-IN 250.000 is , Brooklyn or on Farms lu Festehester county, on bond and mortgs JOHN FP, CONKEY, 162 Broadway, room 9. $300,006 TRUST FUNDS TO LOAN ON property tor term of years; sun suit ; simple legal expenses, CE. WILLE Montauk Insurance Company, 163 Broadway, COPARTNERS HIPS, COPARTNRRSHIP HERETOFOR uberdanz, J. Hartmann, D, W, Walter and J. Walter, under the name of t ense Manuiacturing Association of New ¥o a by mutual cogsent. PF. Ki, NN. D. SOHWIC Ww, . Hartmann, W. Waiter and J coutinug this business ander the firm of Waiter Bros. HE between iter will jartmann & Naw Yous, Aprit 9, 1374, HE FIRM OF KELEWER & MORRIS Bowery, have this day dissolved by mutual consoat, E, MORRISSEY assumes the liabilities and will coll the assets. Apri 8, 187 USINES! PPORTUNITIES, A pi TO $100 CAN Bi INVESTED MORE SAFELY + in stocks than in any business at‘the present time; sysiem fully explainel ny calling or sending for out pamphlet: tree. TUMBRIDGE & CO, Bankers, 39 Wali street, New York. RARE OFPORTUNITY,—A_ PARTY HAVING A -: Pa eee aollen can parones er: ieoeey reat if a) for “*quick,” ; large returns cerldins “Address MINER, box 191 Herald “ottice, REAL ESTATE OWNER DESIRES TO CONNECT A himséif with a yd id ready established in that Wits. a dress, appoint US, box a 6. eral ONC MAN WITH $3.000 TO TA. F INTEREST IN ane sig eager ‘Bash a liahen Gold in pote ON HAND FOR FIRST MORTGAGES, | ri 10 inelusive, wil | Second and , OF | $25,000; also £4,800 | Y, OF 62) t. Apply at 62 Bowery, rooim 2. 700) FOR HALP INTEREST 18, A PROFITABLE q business, established It: 1859; paying $700 per month; satistactory reasons given for selling, Call at 43 Broad street, rooin 22, RS —WANTED, BY A MANUFACTURING $25,000. conten owning their inctory, making goods staple as groceries’ and having a large, profitable increasing trade, a partner, with trom $20,009 to $25,000; must be a good business man, who can have the osition that he is best fitted for in the Louse. address . M. H. F., Horuld office, —— BOARD OF ALDERMEN. kh Nomination of Judge Henry E. Howland for Police Commissioner—Neads of City Departments Called Upon to Attend Sessions of the Hoard—Dogs To Be Mur- zied im Spite of Mr. Bergh’s Objections, At the meeting of the Board of Aldermen yester- day the Counsel to the Corporation was requested to give his optnion as to which department, the Park or Public Works, has power to open streeta above 155th street. Alderman Coorer presented a resolution urging the Legislature to pass the bill incorporating the New York Warehouse and Railroad Company, as its becoming a law would greatly add to the com- mercial facilities of the city. It also recommended that the company be authorized to construct @ single or double track railroad, The resoiution was referred to the Committee om | Railroads, Alderman McCarrerty offered a preamble an@ resolution, reciting that heads of departments ‘are | entitled to a voice in discussions in the Alder- | ‘ manic Board affecting their departments, and bave failed to avail themselves of the privilege, and also that paid agents go to Albany in the inter- | ests of the city departments and lovby for speciat | legisiation tor the personal and political beneflt of | said officials. The resolutions were as iollows:— } gdtesotved, That the members ot, the iegislatare of this State now in session at Alvany be and they are horeby | respectrully requested, in behalt of tho Mayor, Alderme’ | ang Commonalty of the city of New York, to reject al propositions oF refuse to pass any and all bills affecting | any public interest in, this city that ia recommended by | or lobbied tor aay head ot department of othe: uiticer of the municipal government untess stich proposition or bil has first been approved by, or received the sanction of, this Common Council, the’ direct representatives of the people of this city, and such enactments are asked | for inthe usual and galy regular manner—vi., by me~ | morial of the city government, addressed to the Legisla- | tors; and Le it turtier | Resolved, That the Governor ‘be requested to veto all | pflls or enaciments which the above preainble and reso | lution seek to prevent, ‘ ‘The resolutions were adopted, as was also the | following, introduced by Alderman VAN SCUAICK:— | Resolved, ihat at future meetings of this Foard the | Clerk shall, and he 1s hereby, directed to call the names | of the Com! r, Commissioner of Public Works, Cor- | Poration Counsel and the Fresidents of as other city de- partments, and note on the minutes of the Board the | presence or absence of either of the satne. | Alderman Moxrts, in presenting an ordinance | requiring the muzziing of dogs, stated that Mr. | Bergh lad reiused to sanction its provisions or to allow his society to have anything to do with it. He had thereiore changed ‘sections of the ordi- nance so ga to give the Mayor entire charge of the | carrying ont the enactment, | _ The ordimance, a8 amended, was adopted by @ | ° | yote of 12 to Alderman VaN SCHAICK called up from “general orders’ the annexed resolution which on movion was adopted, Alderman Koch alone dissenting. Resolved, That the Conneel to the Corporation be diy rected to make & proper vase to be taken to the Court | of Appeals, and, 1 uecessary, thence to the Supreme Court or the United states, to test the question ofthe | coustitutioualty of the taxation of mortunges, pr of the \axation of both the tee and equity of real estate to one | person, w + satne are held and owned by dificrent persons, ard in the weantime, and until the decision of the qitesiion, (hat morizages in the City of New York be milled fron) the assessment Folly and not taxed. A message was received from the Mayor vetoing | the proposition to atlow citizens to vote at the next election on the question of rapid trausit. i THE POLICE COMMISSIONERSHIP, | Another communication was then announced | from tue Mayor. its contents suprised the Alder | wen and everybody else in the chamber of the Board, 1 Was, in parsuance of law, the nominae | on ot Henry E. Howland tor Police Comunissioner, \ in place of Henry Smith, deceased, | Alderman VAN SCHAICK desired to know whether | the Mayor lad oficially withdrawn the uname of George Hi. Aud President VANCE answered that he had not re- ceived oficial notice to tuat effec E Alderiman McCareERTY remarked that Mt ng | the Mayor thought it required two men to fill Mr, Smith's place. A moticn was made to Jay the nomination over. Carrerty hoped mot. He mover to take uction on the nomination at once. Alderman BILLINGS suid there seemed to be a de~ termination to reject the nomination, He hoped that the Board would uot act hastily; by Qoing so | it would be doing a great tujustice, Mr. Howland | was in every ect a proper man. He ts a gradu. | ate of Y ‘olleve aud had practised law in this | city; wa oMted to fill a vacaticy on the Marine Court Bench, woica posinon he had occupied with, | creat. Aldermen Morais and VAN SCHAICK also spoke favoravly of Mr, Lowland and desired the Board to postpone action on his name, Mr. Vai Sehaick aiso remarxed that in kts opinion Mr. | Andrews’ homination wag still before tie Board, and it aight probably lead to trouble fi Mr. Hows | land’s nomination wus acted on, | Aldermaa Cooper moved that the Mayor be | again requested to withdraw Mr, Andrews’ namie, | The Mayor aad only informed the Board that Mr. | Andrews bad declined to accept the nomination. | A motion to tay che nomination over was lost by a | vote of 9 lo 6, and ao motjon to refer the Mayor's Message nominating Mr. Howland to the Com- | mittee on Roads was adopted, Aldermen Reilly, Monheimer, Giloa aad Cooper voting in the nega~ } tive, Alderman, FALCONER moved that the Committee on Roads be aiso entrusied with che amination, nto of the nomination ef George H, andrews, Adopted. ‘The Mayor transmitted a Teport from the Com- missione?s of Accounts in relation to the payments made by Loe Comptroller during the year 1373, It | was agreed to have the report printed, ‘Alderman McUarrurty said that he had seen the report, and it was merely a balance » therefore offered a vesolution directing the Com. { missioners of Accounts to make a dead state. ent. mine Corporation Counsel was ifstracted 'o com. mence sult to force the Hariem Ra:road to remove the track on the eastern s) Central depot. After disposing of row the Board adjourned. DEPARTMENT OF PUBLIO WORKS, A complaint made to Commisstoner {an Norg, that in the grading of 144th street, between Willis. avenue and Mii:vrook, in the Twenty-third ward, the contractor 18 asing garbage and ofa! tor filling, bas been referred by the Commissioner to the Department of Public Parks, whic! over that astric, ) Which has jurisdiction. vomimnissioner Van Nort has transmitted to the Board of Assessors the certificates of fhe cost of the following tmprovemonts, in order that ihe ea Bessments thereior may be made ~~ Regulating, gracing, Hsth street, between Fa nnes, ‘amounting tor 14,868 ‘and Third avenues bi Bovee: ngs Ra Total.,