The New York Herald Newspaper, August 22, 1874, Page 11

ae FINANCIAL AND COMMERCIAL Au Animated Stock Market, with Varying Fiuetuations, Closing Off. GOLD, 109 7-8 A 110. Foreign Exchange Steady—Money Easy— Railway Mortgages Firm—Miscella- neous Securities Quiet. WALL StTREnr, Parmar, August 21—6 P. ‘ws ‘The general tenor of the Wall street markets to- day was still toward improved prices at the open- Ing, aithough late in the day there was a reaction, and at the close the market wasof. There are two theories operating upon the market just now, which are given here without tndorsement for they are worth, but as forming part of Bossip Of the atreet, which more or luss affect action im the stock market, One is to the effect that the return ot the great bear leader in advance of the other large operators, who are still rusticating, was fue to his alarm at the incipient strength which the market was showing while wholly iree of ‘*bull” \nfluence, and that he hurried back before “the prowd” to cover his shorts ere the natural recov- try of values incidental to an active crop move- ment in the fall would find him ata aisadvantage, Another statement of nis intentions is that supple- menting this action he intends to with- ‘aw irom the market and permit the vance natural upon crop movements to produce an active money market, when he will endeavor to so manipulate the ma- chinery of the new Currency bill in respect to the redemption of the national bank notes asin an active money market will excite it to such strin- genoy as will supply the occasion of rapid sales (or ash, and so furnish the basis of another bear raid. This is gossip, but gossip on Wall street is as in- fuential, frequently, in affecting values as stated incontrovertible truths. A man absorbed in stock Speculation, not heeding the larger movement of the world beyond him, Js as likely to be influenced by current gossip as by startling fact. STOCKS showed considerable animation to-day, with less Grmness, Western Union, Lake Snore, Pacific Mail, Union Pacific and Wabash being the features, In the early dealings prices went off % to 3 per cent, but at the first call there was a general re- tovery. At noon and immediately thereafter there was a weaker feeling, and Western Union went off % per cent from the highest previous figure, Lake Shore %, and Wabash, Union Pacific and Pacific Mail 3; per cent. At the second Oall the market was dull at a fractional advance. During the last hour of business the Market was weak, and at the close the market exhibited a decline of 4 to % per cent from the highest point. The greatest decline was in Lake Shore, Western Union, Pacific Mati, Union Pacific and Northwestcommon, Explanations are given of the activity of Western Union to-day, the deal- \nge of which were nearly one-third of the entire day’s business, but as they are contradictory it is not worth while to state them. The total sales of to-day were 112,360 shares, of which 39,800 were in Western Union, 26,700 in Lake Shore, 20,200 in Union Pacific and 9,100 in Pacific Mail. The sub- joined table gives the sales of cach share, as also THE HIGHEST ot LOWEST PRICES. ighest. Lowest. ‘Sales. am N, Y. C, & Hudson con.. vite 1236 1,000 1 Lake Shore 05 Med 26,700 | § 1% Rock Island 2,200 | 200 gs Del., Lack. and Western. 105 * 200 | as Wabash... 3,800 ari | 4 44 : Western Union Telegraph uae 39,800 473) Atlantic and Pacific Tel.. 97 100 ue jorthwestern.... 30% 2,600 ms ‘orthwestern preferred. 67 200 | 102 Big ankee and St. Paul. 353¢ 2,400 | 20 'c 103 nd St. Paul pret. 533g 100 | aM Pa ma. 800 | Sv ay Pacifio Mati 9,100 | 32 Tay pre "00 | oo ts ih ohio, and nvsstasippi, 1,600 | 900 74! | 4 Co AD ta . Cen Han. and St. Jos. pre: 100 Sona and £1:30 ‘a ‘me Consolidated Coal. 45 3oo | $0000. Tg $10 0 8 emo United States Express 67g 100 | “S0v0 U: He do. = | (4000 ao... I x Total 8aleS...........0006 seeeeesseeeoL12,350 | LOW U 5 5-20, c, ~ N64 mee GoD opened at 109%, advanced to 110 and closed at the lower figure. The joan market was @ trifle easier and one per cent was paid for carrying, with other transactions flat. The Customs receipts to-day | Were $507,000. The Assistant Treasurer paid out | $4,000 in redemption of five-twenty bonds and $46,000 on interest account. OUR IMPORTS. The total imports at this port for the week end. ing to-day were $3,095,267 and the amount mar- | Keted $3,321,944. The imports for the correspond- ing week of last year were $3,315,378, and for 1872, $4,140,711, FOREIGN EXCHANGE wae quiet, on the basis of 4.8734 for prime bankers’, 60 days, sterling, and 4.91 for short sight, nominal | fates, with selling rates 4.86% 24.8714 and 4.903¢ respectively. Continentals were quiet and steady— Reichmarks 953, and 96%; Cables, 96% a 96%; prime Paris, 5.23% and 6.11%. What is known in the busy season as ‘foreign ex- change day’ we give the following list of COMPLETE QUOTATIONS for the information of buyers: Sixty Days. bankers’ ae As to-morrow is | 2 ater- | i Prim ling bills on London. Ets 84.8736 4.90 94.91 NEW YORK HERALD, SATURDAY, AUGUST 22, soremson. —- Temtstered, 11034 8 310%} do. do, coupons, 1148 M14; do, Aves, 1881, registered, 11334 @ 112%; Go, do. do,, coupons, 11296 @ 11234. RAILWAY MORTGAGES, The leading feature tn railroad bumds was the strength of the Pacific mortgages, the demand for these having been active. Union Pacific sinking funds advanced to 70%; Contrals sold at 90%; Union frets, $434; land grants, 85, and incomes, 85. | Chicago and Northwestern consolidated goia | bonds, coupon, brought 79%; Rock Iwiand sevens, | 104; Erie first, 106, and New Jersey Central, con- vertible, 102%. Sales of Oleveland, (elumbue, Cin- cinnat! and Indianapolis frst were made at 101%, and Onio and Mississippi second mt 75 a 76%. Railroad bonds were firm in the Wate afternoon | dealings. The principal transactiorg? were in Pa- | cific issues, which sold at 90% for Centrals, 8455 for Union firsts, 86 for incomes and 70% for sink- ing funds, Lake Shore consolidated registered brought 97% and New Jersey Centrak, convertible, 10234. Central Pacific bonds closed at 90% 9034, and Union Pacifics 845 & 84% for Grete,.85 a 85% for land grants, 8 9 8554 for incomes, and 10% a 71 for sinking funds. Western Pacificasclosed at 82 a 82i4. MISCRLLANEOUS SECURITERS, In State bonds there was an aivamce in Tennes- e Old, ex-coupon, to 68. Georgia gixes brought 19, The only sale of bank shares reported was North America at 90, The following were the operations ef the GOLD EXCHANGE BANK TO-may. Gold balances.. . Currency balances, Gross clearances.. TREASURY BALANCES to-day were as follows:— Currency Coin . RAILWAY BABNINGS. The earnings of the Cleveland, Columbus, Cin- oinnati and Indianapelis Railroad iar the second week of August show an increase of::$2,593 65 over | the same period last year. The above report is regarded with mach interest, as furnishing the first evidence of tae anticipated improved fall tramc. UNION PACIO LAND REPOR. The following is the latest official report of the operations of the Land Departmezes of the Union Pacific Railroad Raph peace od 1 ne 719,387 a 465 July, 1874—23,005 4-100. ‘acres LOK. « se Average price per acre. a. Total cer Cp July 31, 1874:— 1,085,784 90-100 acres for. ‘Average tee per acre .... e company rei 4 Hetty Yo-10 acy mis ere "LAND GRANT BONDS, jonds Issued........... "saws «$10,400,000 Leas cancelled by Land De Sin Mei artment.... Les cancelied by trustee Lands belo! ing unsoli oe bonds outstanding... LAND NOTES OUTSTANDING. De eee oee (interest not in- cluded) .....+ se» $2,875,719 | castt IN HANDS OF TRUSTEES FOR 4HE PURCHASE OF LAND GRANT BONDS, July 31, 1874.. steeeeeeemeres $84,203 | Boston, August it, iste H. ROLLING, Treasurer. MaRS, Buiss & bo. FinancialAgents, New SALES AT THE NEW YORK STOOK EXCHANGE, Friday, August 21—-10 A. M., Before Call. } 500 shsLS &MS RI 43 donne Te 500 shs West Un Tel 300 do IIIS Es nirat Board—10:30 A. M. S LQ Ze! shee rapes mune s SEESEEEE asco cmce: RS -225 253 EE =g559 a gaareastes: SEs SERS ea 38 Soeteey SSESESSIERSSNRLSSEST SSS: BSees SSSI IIIS SlSesusesSes is 3 4 Good bankers’ do. 8655 04.87 4.8945 04.00 | % Prime com. sterling do. ie : hid eis a48o | hs. Paris (bankers’) 155% & 5,15 236 a 5.117% | 7 Antwerp 5.1255 a 5.11% | ia 1 Swiss obbe 5.18% @ 5.15% 6.12% a 5.11% | mM Amsterdam ..... 4liga 41% 41% a 413s | iw Tite 2) Rambur 9535 a 953% 165 a ao 500 7 7 Franktort. 41) a@ 41% ala 413g | Tie Ww remen.. 95% a 95% 96h, 96% | Tite 200 Prussian tlaiers..... 71:8 71% 72 a T2i¢ qe $9 The annexed are the offictal rates on London of Tiss 200 the bankers named :— Seligman & Co., steady.... Drexel, Morgan &Co., quiet. Bank of Cahiornia, steady Morton, Bliss & Co., steady. ..4.8735 & 4.91 less com. Brown, Bros. & Uo., steady...4.87}4 & 4 91 less com, London and Asiatic Co. on Joint Bank, steady........!.4.87 MONEY ie still extremely easy at 2 to 2% per cent for call loans and 5 to 7 per cent for prime mercantile Paper. Some of the banks are receiving orders for currency forthe West and are meeting theni by shipments of bank notes. It would be well for our banks to look closely into tne operation of the Currency ill, and see if there is any possibility of the redemption machinery therein provided being so manipulated as above suggested as to produce an artificial stringency. Excellent authority condemns such & possibility as absurd, bat there are those whose opinion is ‘worth something who are less pronounced, “An ounce of prevention,” anyhow, “is worth a pound of cure.” The amount of national bank notes re- ceived at Washington for redemption to-day was $450,000. The internal revenue receipts were $310,000, 8746 @ 4.91 less com. 8745 & 4.01 less 1-16, 87 net. Jess com. THE FOREIGN MARKETS Were without new features, American securities in London being generally dull, but firm. The Bank of England gained £150,000 bullion on balance to- day. Closing prices in London at five P. M. were as follows:—Consols, money, 9234 @ 9234; do., ac- Count, 92 a 925, ; old 1865 bonds, 108% a 100; 1867 bonds, 1099; a 109%; ten-forty bonds, 104; new fives, 1049; a 104%; Erie, 30}. Rentes at Paris were 63f. 674c. GOVERNMENTS Were quiet and steady, closing at the following figures:—United States currency sixes, 117s @ NIM; do. sixes, 1881, registered, 1173; @ 117343 do, do, d0., coupons, 11844 a 11814; do. five-twone ues, 1862, Fegistered, 112 @ 112%; do, do, do., cou- pons, 112%; @ 11274; do. do., 1864, registered, 11414 @115; do. do. do., coupons, 116% & 116; do. do. 1865, registered, 11545 4116; do. do. do., coupons, 117% 117%; do, do., 1865, new, registered, 116% KS @116; do. do, do., voupons, 116% a 1165; do. do., do, do. do., coupons, 1867, registered, 1165; a 117; 147% @ 117%; dO, do., 1868, registered, 116% a 117; @, 00, a0, eoEpons, 1179 a 118%; do. ten-forties, at FESR, £% 200 1uu sine SRP pt 100 Misa St? IIR: cm at3=t ime Cate RR 2P.™M $8500 U S 5-20, 6, '67,b0 117% $1000 US 10-40, c...... 114 Secomui Board—1 P. M. $3000 Tenn 6's, ns..... S74 199 shs MIIASUPR. bobs 3555 1000 Cen Pac & bs. a | WO. + 8585 500 Un Pac RR stim 64s 400) Un P's. n.be BS 00) Un Pac sink 1900) ¥ J Cen cony 1.00 1, & Ist con re 54 shs Bank of Vom, i) Aimer HE Con be OL 200 Pac Mall ss.b c.b3 t 60 7 HOCH “ NW Dt 100 Tol W Rix. | Somaage. | New pent, 236; Sava: 3 MOSEL, RO SN phdc 22 hie P.M CLOSING PRIOBS—3 O'OLOOK P, M. West UnTel.... 76% a Union Pacific.. 29 Cat ome a a olor a 35} a s a 8 H 24 m4 if ve CUMMERCIAL REPORT, Cotton Steady—Flour Lower—Wheat Lower—Corn Steady—Oats Firmer—Pork DulleLard Easier—Berth Freights Lower—Coffee Lower—Sugar Firm—Pe. troleam Dull end Unchanged—Naval Stores Easy—Metals Dull—Wool Firm— Whiskey Steady. Fray, Angust 21-6 P. M. The merchandise markets were still irregular, and in numerous instances prices were lower. At the Produce Exchange flour was dull and lower. Wheat was also dull and decidedly lower. Corn was in fair request and unonanged. Oats were firmer. Whiskey was quiet. Pork was dull and wholly nominal. Lard was easier. Freights were decidedly lower, particularly grain freights by steam to Liverpool, Groceries were quiet but steady, with the exception of Rio coffee, which de- clined fully 3c. per 1b. Cotton was quiet and closed steady. Petroleum was dull, but not quotably lower. Naval stores were quiet and tended in buyers’ favor. Wool was moderately active and firm. Asnns.—Receipts for the past three days, 66 packager. ‘The market was quiet and si Pots quoted at Gic. a 6%c., and pearls nominally at 9. Berswax was in moderate demand and steady; quoted at from 30c. a 8240. for yellow, Western and Southern. Broom Corn was unchanged and only tn moderate re- quest; quoted as follows:—9c. a l0c. for new gre for short green brush, 5c. a 6c. for red tipped new and old mixed. ; choice pails were scarce ana -ades of State are er and ee Shc. fat frkin “tabs, ey selected: 35c. a do., prime, ‘flo, {Air 16 Rood, He. @ Sc. do., common, tee: a elsh tal lee, selected, ie 7 do. prime, Sic, 88 ‘Be.’ a Sle. ; do., a 2c. Orange county and creamery, fine, 3868 Sot doy cho, State and Pennsylvania. . fair to to dood, Sc. a Sic,, do., common, ic. a a 37e. Soc. ; Western maby. chisioe, dhe. a Serta iets good, 28c, a sie Webtern Reserve and Michigua, tubs, holes ry, co $e. ; dow do.. good fo prime, af 500 dO do valet Bop, Se Be. & e+ do., Be to jo., do., fair to good, Hor? Rorinern iluoln, Wisconsin’ and Towa. t a choice, joc. do. do, talr to good, Bbc. do. fins, £904 gto ‘ite. & 9." do. do, tair- to tote and indiena, tubs good to prime. Pee tat do. do.. fair to good, 2c, a 25c.; do., ood to prime, 25c. a ae 4 do, do., (alr to good, les. common, 2c. a 2c. m trifle weak on tair to full prices, da, do talrto good. ood were in good. demand ut 4c. a3 al Cheddar shape, chotce, rt do. flat do... do.. do. i dojnesti trade, idea oer je, d+ da a 10, do.. poor to fa: "ye. Michigan’ and Wisconsin iactorv, fine, ile. (tepurs.—there’ has’ been rather more doing in * jobbiug way, but otherwise the market was quiet an values nohasiged, wa uote :—23c. for sper for patent for stearic, parattinerand idse. 183se. and Ise. tor If 1 and 18 On, adamautine. io A wae county sklthe Cy export, ihe p.. ConpaGk wasin moderate request, and quoted ste: at Fie Hea hy ga frei bl? :—Manila rsenes ae above 6-thread and 9-thi in, and Py in, cord: Tathread, do, ys bove a Day ae er Sthrean, 13ie id" cord :* aon, shove pingeage Wziec. Zealand” cordage, “sites, above iethread, lziec.: Sihread. and. Sthread,%4 in. and S16 th... Lage: do. Wzthread, In. and hay roe, 13 and Rusiia bolt rove, it Boo x.—The inquiry has been vers, light e days. COOPERAGE Stoct during the past th but values were noininally inca, Molasses shooks. $2i1 shooks, with heads, 7 quot & $2 6D; engi 4, with heads, 36-inch, $2.15 a $2.35; box shoo rum shooks, $4 50 1B. Soins ehpokt, 90, 80.8 87; empty honsheads, $2 & 35: hoops, M4 tect, ordinary 19. prime, “38. Pops, IY feet. ordinary to oritae. S8c. 4 38¢ Corrs. Var the ‘market was fully }c. per Ib. 0 fo more business. The sales inoinde 3, oa se Ontarioy and. 300) do. ex Dorie Bordisen, te terms. Wid-co coftes was deat in only in aJobbing ‘and prices pee no ere at ease We quot ood do., Fange. tor lots, jaye; * governnae! jo. Ceylon, nt bees ale: Lagaayra, 190. Jama: , Hee Porto ica Ise: Mexican, days. Corre srry market for spot cotton ruled quict, at ut changed prices. “Ft wo ae dealt in ca te iv and advanced ic. early, which was subsequently lost, We CeO ra Urlands Alaiama. 1. Orleans, Texas, Hs ried 5 3-16 ip 16 i we ae 1848 bi o@ cotton in store renin in quality not more than half by grade above or below the grade quoted. The sales were:— Day. Last Eve'g, Total. Export... 2 a Pi Consumption. 198 ba ae bpeculation . Totals, —For ful oe Law mladiine the salen na 4 been as DisusteLast evening, after. two o'e ire 100 at 15 2 1,300 a Octo! 15 17-38c, 400 at 15 ¥18c. 5 ‘eovember at Wo tae. 40) a Wyse: Fesroarye wD) ae Ds ii. a uary. 3 february, 400 a H h, Mo ute 400 at 15 31-82c. At Se 7) C24 400 at a 13. ee Wat TD, 809 at es we oe Fg 15 13-16c, Meg 100 at PS 25-820, 1,1 3-16. Ww 7-820, November, ef ee agi | te: jalvest my 88 : Charleston: faas: tne ports ware ae follows: | New orteane, sotk. [ils waitimore, & Torte ea ® Tus | Gay fast week, 785; this day last year Pe | cotton to foreign ports were quote To, Havre, ty ail, 4c. Hamburg, by sieam, Bremen, by’ steain, 4c. '; by sail omfreased. ‘o tne erpool, ‘4d. a 516d. by steam ; 7-380." by sail. FLOUK AND GRAIN.—Keceipis—Flot our, 5,626 DbIs.; wheat, 54828 bushels; corn, THO dot oAte, B25 doe The hong market was ‘still dull and the extent of 5c. a 10c. pe: The sales toot up about Tho bbls, ineiuding ail Kinda, ae figures within the range of the appen led quotations. Corn meal was niet and steaiy. sales 260 bbls. at fgures within our quoted range. uote at +1083 50 a 84 25 Superfine $ 475450 xt 52508 575 Ghote Stat 575 600 Supertine Western 47a 50 bxtra Weste) 53a 575 Extra Mianesoia 6254 80 Round hoop Ubto, shipping bran 5254 5 Sv Round hoop Olio, trade brands 575 a 600 Fam 60a 7H Bt. ou 16) : Sa 550 St. Loum straightextra 6a 62 St. Louis, chotce double extra 6a 708 | St Louts, chotee family. 75a 900 Calltornia..... Nominal. Kye flour, 40a 825 } Southern No 2 Nominal. « Southern, superfine 4758 529 Southern, extra. 5a 6S Southern, fami 6Ma 92% 3 75a 425 Cort: meal 8750 40 Jorn th 3708 475 Corn meal, punchons. 22:00 a 45:00 —Wheat was dull and “2c. a So.’ lower, closing nominal at avout $1184 $119 for No. 2Chicegd aud $1 230 §1 24 tor pis The sales were about 91,000 rene “ oo eS Milwaukee, $125 tor 127 tor No. I Milwaukee in. sto for Oa Shier. $1 28a $1 m2 for new ted a ter. Corn was in fairdemand and s1 foot up about 1s YO) bushels at Bic. a Sc, tly at S156 Silsce (OF high” mixed to an c.f h_niixed toyellow, Ghd Wd a 06 tor white Westehn. Ont torn tera good demand; the sales were aboug. 9,00) busne Se. for New mixed, Be. for uld Western mixe Bee, tor good to choice Hew Western. white. rye were inactive and nominal. Freiuuts.—For berth treghts the market ruled quiet, with rates for grain accominodation again decidedly lower, The chartering movement was mouerately ac- tuve, the call being trom the grain and petroleum trade. Steady rates were obtained. the qngagements com: itary 0 Liverpool, by ste: 9,500 bushels of grain at id. a Ohgd., 250 bales Cotton at qd. a 5.161, bbls. Fositt 3s, fd" and, Dy. sail, 40 Hushels of corn at 8d. tobaceo itt 274, i. "18 tons ot tustic at 2s. Bristol Chanel, with 3,000 quartets of 1 at 48. $d; an Ausirian bark, tence | to Bristol ih quarters of do., an vil Austrian bark, hence to a ‘dirovt Channel, with & 000 quarters of do., ats. Od. ; an he strian Cork for orders, with 3,000 quarters of Liver- grain, at a Norwegian bark, hence O01, With S10 bbls. of NApnthin, at 49, 4 Brith nse to Marsellies, with 2,00 bbls. of do. wexian bark, hence to Dublin or Beltast, W ot retined petroleum, at 4s. bd. : a Norwegian bark, hence 2750 Obie of refined do. at 200 bbe or 1 WI bark, (rom Patladelpnia to @ Conti. p OW) bbIs. of refined do., at 48. Td. oF 4s. 9d., eecordi to port. Guywies.—Under a Peontinued Band demand for domes. tte cloth a irket ruled tt he sales ee our la: i closing wee quotations heavy average, laye. A Wife. vores and Gour RMP AND JOTK—The and nominal, The Inst saic of bales, which brought 9. We quote :. hurl, Aiea favored the buver to | 8. { Port. Bristol | oer hes 23 Ibs. a #0 Ibs., Po ia: e. mrambueo. a ‘ayia. ry a ole le. a Pai ‘exas, spied, ‘obs. a1 Pde, a ae 3 80 ibe. vl, aie gouneey, en ‘The first bales of new ho} tried tric! i Wisconsin and from =aci n have bee the quality of which 0d 5a ane rl ine) (patenn, 180. ae ngli: a lic, Califartiané 206. on c merican ig tron dull ana nominally before. The Pittsburg Tonned ‘on pix tron, t! better mes and higher prices soon. Oth much restricted, Scotch iron has been Eglinton quoted $34 to $34 50: Glengarnock, stock and none known to be coming occasi vance. There is no Coltness, Gartsherrie, Summerlee in the market. American, No, No. do, forge. $27 a fap No. ; Gleugarnock, a jummeries, none. mand has been three days for all market ruled a tion oo heay: les and "Qratuen.—The deve steai . Stock well assorted w! ae leather. Receipts tor the 2,867 bales. Exports 2, uP side Ww Poor oor dauaged, — <Orop.-sinughiter, light backs, 6c, a 98c. Be, a dic: at org he. 3 heay c. 5c. middig said over Crop. rough, 38c * Sic. ; rough oak. dtc. a 38c. —The miarket, contin parcels, | We confined caland Or ype ne era ant covado refini AL ‘was quiet and easier, closing with offered at 85}4c.. with no bids above Séc. v6e., and 100 bbis., bayers Septem! at 370, dull, wit strained quoted yominally steady 2. Sales 80, bbls. of strained at $2 20 and Far 8185. Tarand. pitch wore neglected the market raed firm c. @ 0c. for refined god aled' steady at, bie. 8.70c., ummer yell in, with values ruling steady. crude, $1 80 for natural winter, for nb leached spring and $1 ‘80 quoted at ne rthern, 5c. a S8e. are Ghote So for natural winter sad 8c. bleached. PRrRoLeum. chanced, for bi lor August at the, latter price. refined quoted at 11 3 as follows:—Oil Cit; # ba bie leum Centre, use ville, rker, $1 LOS bs immediate a ent. s Enorisions — ‘k, 75 bbls. ; beef, »bis.. lag the Sab, eet cia holders w rare okt above mm was in much mand end if Bees ‘ket firm. pers of long eae at 11%. and at 2c. Dressed gc. rib. tc tov to the amount of 40 packuge: in the range of $12 Wa $! ne a p22 a $23 tor India mens, t india mess. Beef hams re mess, Heroes; for extra city. range of $i8.a $26. Cut meats were about value, but business was light. salee of 0 pickled ‘shoulders at 8. and d hams lac. Der Ib. Lard 2% tlorces tier amber, at 145. Rgpeemiber, at iiige. sw tierces, fot October. aofucreen ‘seller's option December, at Li4c., tierces, seller's option twelve months, at IT ‘gc. | _Poourry anp Game.—The arri were light and readily placed at tinue int good demani and firm. are scarce and wanted. ane! jotations, ‘rime ducks aa 233 deman | Rominally, steady, We qnote:_Freah chickens, 22. a ie. per 1b. 5 io. turkeys. prime sma Ye. a 2c.; fowls, Stat me to gO0d, | ah do. tadelpl young ducks, * Hig Spring chickens, We. w alc. orsey, i7c. m 10.2 do., Western, 16c, a, they turk 1Be's"d0., Westerns ‘ie. 0 ff Zac,’ a $1 per pair; do,, a Western, en a 7 and Jersey, $2 33 a 4" Wi a Bic. 3 Beinn Gomi Barly 50 bbi sold at 36c.; also 100 bbis., eee Pde? eptember, and domestic do. at Sperm and whale oils were only ise nd ae ‘quoted at $1 1 85 tor bleached. ik ‘5 leached do lily held at be. Cases te in met with tter in ify aa od was Grin Tor Western atige. The 465 hogs ‘were quoted stoud at trom On othacers y, corn. quiet ad, steady. Jobbing anged hands at r ma ine but steady. Small sales were made at ‘Agures 6m: ah ope Jrenk, but closed firm at 1¢igc,, at that, price 160. 5 tlerces, ba; rers of dressed pow! te’ and Jerses, lacks, State and’ ey . quiet ana Maladie ae | consewiee. 36 "aa tem ine ¥ Sev'tece!pta, 80 bales. Bxporee ee wate _ ane aaa eure pf hay, ts large, of both yy Caton 4 Man, August 31, 1874, 01 . a miry oe nuoted. st i ck, S1i7. Week y—Set receipe: ry 2 sii y tor prime timothy, Boe. « 5 some do. + bales: we se Oh Ex Samal Great Britain, Bu: i eas wae, - eran am oo toe f wis Toa a ‘ falar See. ® SD ibs, Pée. a ibe. city olaug hig iar blue a TBlbs. Lise ‘anda cow, 451 1s, Wgc., currency, selects ast India— Geloute mer, cow, 9 lbs, ‘wil Ibs, 1bd¢c. 5 haps do., 18 Ibs., 15) do, dead green, ae Biba ik 4p, [Ds 8 a2 Ibs ry « anita ‘oe a We sola pts for the past wee! 12 bales of do- ind 20 bales of foreign. The tr: fons during the | EM tow days have been more limited, awit, to the bulk of 1873's crop being held by a tew parties, who are asking figures above the views ot buyers. Report of nt crop are very tavorabie trom all the dis- ry ete per Cdl the 5 Ey nes vommerotat siates large amounts, o! money Gave of tats been ¢ makers and holders hoping tor jer advices re ort the stocks are Increasing, and, if Iy demand quot aoe risking ‘shales fi n't conve fron will have to be sold. Stocks on ine Le- ir Ib; do,, fair to a She. 5 igh are considerable, notwithstanding u pew ith the e week 62, ‘e quote: hemlock, ‘New crop— er te 4,80, oka id a Hoh beet Teiabay Th tee t my irits of tt th ‘oRES.—Tho market for spirits of ntine hiner rohantaple le order Rosin at 8) bols. of and nomi- —There was a fair Jobbing inquir: ie linseed, and tat B82 a bbe: for cuaks fron crash bi hands. ird o}] was quiet, but iwoted steady, wR in 6 a of § $la$i io. qe de mquoted pokls he ‘ Ss otton seed oll was ‘quie : quoted at for ow. ealt whale for South- ‘@ 0c. for .—The market for refined was dull and un- juoted at llc. a lL&c, spot Ngee te rm at 9c. and 1Uc. ior city. note sales of 3,000 bbis. tailadett i market was dull and nominal, tor balance of month. Ad’ ita vile "6 05 usville, ie, 95c. short do. ed quict, within t = steady We have only to note at I and 200) Live con- and geese Game—Wootcock was in steady prices. Pigcons scarce and dressed—Spring Sere: “i be is do. 26c. per Ib.: fowls, State a li i Roost: gow f Stal tern, $t 1 75 per dozen: ati Gane—Pigeons, stall f je, a i 8 adelphia squaba, $2 tame pigeons, de. a d5e. | porpalgs woodéock, Menem: $11 00" Slate ‘and Jere | about steady prices. ‘Sales Sige. per Ib. and 225 bags of Rangoon at 6\4c. Srxaniny,--The market continued inactive firm on the basis of 8c. a mnt 10340. for he % Kick—A moderate Jobbing business was in re ‘goles fo uotees of carolna'at Sa a 6%. per and nomi- nal, quoted at from 18¢. a 184sc. tor Western and city. ‘Suear.—The market for raw sugar ruled quiet, but was for fair to good refining. ds. of inferior at 634 a | Redining, interior,to common, 7c. don tair to good fi Me. a Pritnes Bie; | Baers grocery, tai Sige. ; prime to wcitoyee, Sisc. 1 Bige boxes, Nos. # to. 13, Sige. gu, No 20 8 i i My | Bh, {Tosfe. w 10d. | Aiding, common to grocery, tnir to spate aie ak id extra sapert jee =e in seed leaf has been during the re Pe a ha! 19s: eaten of Pen Mg) 3 0. of ay grb "73, at Tc. 200 do. of Gonnocticut, crop ‘78, at Kentueky leat was active’ and. firin; frome; a 6c, per Ib. | Of foreign, or I arker was quiet and easy; ge. per Ib. nave no particular chang: therees sor city «| VEGETABLES. — Wi ern white only Rosgeare. We quote :Sousher Beh 5 oat ae yellow aa., dhe, Ol nite turnips, +_ Sli, cabbage, ‘new, Ch per 100, white squash. per lo 45; marrow squash, WW, $1 nd, per W island, fl per dozen, jot Hafan tomatoes, Der basket, doe. a Se; per dozen rons, tor all desert i of double 8100 he. comrr at Sic, aeece 2.600 Ibs. of Nevada at 980... ‘6dc., 22,000 Ie of P.: eat ste. 000 lbs, of ie a 2,000 Ihe of fall Mee Git Ibs oF barry spring, Ihe ri “cailfornty pulled, die. winmbs pulled, 16ig0 55,000 Ibs. of black pulled, 4,00 IDR ot low lambs pulled, 1,00 ibs, of ulled, 18,000 Ibs. oF oiscol ADA a rumored large galo of Kew comprising 180 baies, all on private term: mn ha salen, S00 hinds ni 00 bales of Havana $6 2'88: Lima beans, per bag, $1 25 0 sii v8 fet per Obl. ai lettuce, per bags Wi aac at tern sfoxas at 25 2,00) Ibs. do. at Wige., Ios. of ‘very choice + 13 bales of fall dy.. 25¢. « 10,000 Ibs, ndara, Nos. 9 to Now 10 to 12, 8i¢c. lor, Tic. a less active ys, but prices were steady. The jn Crop ‘72, at 400 do, of State, Wisconsin, atc. 8 a de, 3 sales, 0 ¢ to notice in the market for vegetables, the demand tor which was | onions, per hester do., $2 a OW dO. ai begs Lon ERE Dl plant 5, Woot. —The market continued moderately active, and The sales during the ast fhe, 308 f combings “Galifornin nia 7,000 of do- 09) 18. “OF on tf nada Dalifornia lubbeds 9. bales spring california, 1,000 Ibs. of B. A. Mestiza, 5) bales of Aland wool, The IME Ket was quiet and steadp. Sales 200 bbis. at $1 05 por gation. DOMESTIC MARKETS, 2s Wiiseer.—Recelpts, 875. bbIs, or a Cotton quiet and aa middiis viele ‘Net re 1b. 1874, . Ealinton, nton, ir during the past escriptions of hemlock sole. and ( 6 poultry We | a) Long ‘Long | Sit dihelaa ? at, 1874. or garpe is wine: “iy saa ‘a as been very light durt ody Pi ‘i 8 ir fe a at haters Were firm and cana | — fae coca te | votre sr gare We oe ar wnat Talay of 1 38 heh L white at 23 ibs. 0 igan rat 3, ny Mil eeneiab held at ae be | Be rn arin; Dushels at Ties Tbe, Corn eal, | ine a8 Toes Sate, Sum | Sat tor bolted and 98 for unvalted per to, wile feed a fhee Ze) icon Jain, | Shanged shorts. $18 a Sib; szipetude °6in a + tte. 5D famoroe nd in, 93 ibs. | diings, 4 9 S28 pe R We. 92. Were Crt, 1s ioe ite > corm bc to New York; lami mnigo. 22 Tbe hi ta i he New Beachy’ and, fobasco “any and a ae 000 40, cor corn, a 00 | a 10. 5 se) 18 ibe. 2 35 ibe. oe | pas shipmenta—19,000 b els punk pa a | : : r ie Por Cabal at ie Lake and ratt tmports ‘ast we twgaty four abr A 4 ache iTibe a it’ ber tees Porvate Frou sesinbla chee Waauens; ¢ fide | phe Rol, ag they tin: ruil Canal ments Neal 1 0 bushels: | jared Mati, Seigkent Yorpns ae atte se, 81 ie ‘ss ats weaker: | 5 : | Sern, 307 do. | Christi, Te. a jane | x ‘ sal oH | i and Westei ibaa 25 Ibs. 2b ia gs Wheat 1c. + curt selected : Souter, oe ibs. H a jy. L spring, lbs. iMe., curreney. as thev run. ireen uenes res and Kio Urande ‘cmae ‘ ta No. 2W Been Fold, elected” Sierra "Leone, §. ibe mixed at 74c. Oats ne. | sco. Sten. and Se an ia. 4 Wes aeld aud Wergminal st | ev Fun: Mexica ia Other articles unchanged. ae et Avsust 31, 1876, ower, | td _ TL white ene ae $1 re ar oss eo i te ae Flour pe and unchanged. Oct buyer Deo $1 of September, dv at 68. for high mixed, September. | low mixed, jC. 5 yellow. o ‘no grade, 69c. pte | | tober 1 Od Noe. her Bl Thinoi nd Para, | Com: ste Tbs, He October: Oats stea at 460. be tg ae 28,009 do. do. Oa Shi toma Dols flour, 000 t bushels ‘wheat; ; ie Wert tera ies ad 1974. Cmicago, August Flour guiet and weeks, oTneat lower, st 2) fo No. 1 | ating He. AUT. for f., closed atthe insides spor | ara: Be ember, Ws. aly A rt No, 3 do,. and Bbc. Sorn frm in ‘fair dem: ler 6ige. tor fo. 2 mixed, xpot ; Bc. September: srejecteg As hicher e na a Arm’ ‘at 43%¢e. for 48 39 ae tee ‘oe roid, i an fair isma iat piss gengy agi Seats iy, thts quiet a peal of orine ustan Wnchang re Fon Wy Hon in the alternoon wheat closed at 94 Sah4e i September, | 68 bushels wheat, Reoeints—é. Gi pbis ‘tion, 70,009 ate, 4.000. do. rye and 9.0) do. Feet do. corn, ae al sere , tle: men te—: is. flour, busi went, 11.0040. corn, “HOD do. ‘oats anid A000 do. barley” | ooTTON W STATEMENT. The followin are th total net receipts ofeotton at al ‘oval ey ah wan total..... mvaia Mas MARKETS, meriAtana, August 31 1876. anish gold, 223 a 234 exchange in fal demands, on the Univer states Gy days cnt, renoy, 107 It Pyar ps on London, 189° a 155 preniiumy on Parts, 1B6 a 128 prem im um, Frei nts--Loading at Havana, to Falmouth and orders, ‘35s. a 37s, 6d. ; loading at ey ge on the north coast, fo Falmouth and or fore, de, « ds 40s, a 42s. 6d. EUROPEAN MA MARKETS. Lorpox, August 21—E: vening.—Linseed . 27. 9a. Spirits of tuts azine. Sia Banas. ba; 7 8 Lrvsaroot, August 21—Bvening.—Common rosin, 66. 64 & 7e. per owt. Vo nen nnn ENANCIA Ly | —STOCK PRIVL nee 0: ALL THE ACTIVE £ a Sto: pagounted. er cent from the mar- 100: puts oF call double privi Tones. This system of operatin if 8 fully explained in pamphiet sent tree on application. TUMBRIDGE & CO.. | Brokers, No. 2 Wall A’e REASONABLE RAT. Endowment Insurance ngs eth sorwmngce Securtties, Insurance of ail kinds effected best com- panics. J.J. HABRICH & CU., 117 Broadway _ CITY CLAIMS THOROUGHLY PROSECUTED BY + an experienced attorney without fees unless suc- cessful ; excellent reterence trom clients. Address LAW- YER, box 2,482 city Post office. LAPRSEEY # Bazuey, BROKERS, i a3 BROADWAY.— 1 Double Privile , $220 to $350; per 100 share: t, “How Mone Street,” De had of Brentano, 35 Union square, Price 8) cents. VORTHERN PACIFIC RAILROAD BONDS | RQUGHT and sold by LIVING: “Bankers, 10 Pine street Poaee ON LIFE AN. and othe! OFrce or G, L. fe ee Haigh ty, jo. 1 Ne eet, St. Nicholas. Bank Bulldyag. oa a street. 20, 1874, opaltie fete Slbera or tue Lic i ta stock: on Tueeday, August the Mev York Mining soc GithenT L- Halgar, Receiver. WANTED $100.00, FOR FIVE YEARS, ON CHICAGO $400,000, Address CHICAGO, box 18 Herald office.” Wee (PAR VALUE) OF THE JANUARY and July, ‘ol pt: Bonds. hadeoes, With lowest price, ‘bom pon 14S Post Post 7E HAVE FUNDS TO PURCHASE GOOD SECOND | ng, jaschold Mortgace: ive to Joan on. EY st Watt Be ah Call on SAWARD & LEAVI' a tre PER CENT Het aie CITY BONDS, BELOW PAR, | 0 per ce cent pt municipal A Bonds, rigage ailroad ds and other ey | and Stocks, ai ars class, ‘a large reducton below par. For sale by ALBERT H. NICOLAY & CO., Stock Brokers and Atctioneers, No. 48 Pin _X. B.—Inveatment securities our specialty 22 y $2,500 Ravttiteh cap alan we 000 | Hy security. SMidress SERSBY TROPERTY, lerald office. | $10, 000 Sh oper, 8 ae no bom - es cama 6 He LeORaNT ii Pine street. 5; .000.-a% NY PARTY OR PARTIES Hav 2. * the above sum to invest and wishingto | sgatizg the amonnt invested every sth aol the | opportunity ; investigation solicited. Hernia o ie | committee have heen actively engaged Bre i Proposed Island the Most Sufteble Locality=In-« spection of Various Sites on Thurtday— Excursion of Members of the Cotton Exchange and Others=The Abuses It Is Proposed to Correct=Sevings That Will Be E@ected=Importent to Ship- pers. The abuses and difficulties attaching to the | sess system of storing, pressing and shipping of cotton, together with tne frauds that bave beer perpetrated upon bankers and others, arising out of the manner tn whicn cotton recelpts are ob | tained and used, has for some time ocoupied the | attention of the members of the Cotton Exchange | in New York, and has brought about a desire on the | part of the respectable dealers and operators in this staple to have some plan adopted by which one generai warenouse should become the depository of the whole of the cotton shipped to this market. Tt bas been thought, and justly, too, that could such a system be inaugurated under the direct supervision of the Exchange, correcc and reliable statistics would at all \imes be obtainable as to the number of bales in store, which would have the effect of preventing GROSS FRAUDS. Some months since the Cotton Exchange, after discussing the question, placed the matter in the hands of two committees of the members, viz. :— The Committee on Trade of the Board of Mam agers and the Committee of Receivers, with smstructions that’ they should visit such sites as were deemed sultable to the building of such warehouses, and offering sncb facilities in the shape of dockage, &c., ag would meet the requirements in view. This past four months in Yastting the various localitied along the water points of brooklyn, New York, Long Island and Staten Island, where eltes were | offered to them y owners Of property Who are e desirous of filling the needea requirements, The committee, it 1s understood, have so far concluded their labors as to be ready to make their report to the general boay, inasmuch as Lv 4 have decided upon the site which in their opinio! Meets all the aims it has been thought requisite te secure, {n order to allow the members of the Cotton Exchinge, siippers, and others directly connected with the cotton trade to form a corect judgment upon the advantages of the se lected locality over “the others offered, the committee invited them to visit | th various properties. Among those present were Mr. B. P. Baker, Chairman of the Committee on Trade of the Board of Managers of the Cotton Exchange, President of the Cheap Transportation Association and the Chairman of the joint com- mittee baving the new plan in charge; Mr. D. Balawin, Chairman of the Committee of Baoeivors of the Cotton Exchange; Messrs. Robert Dilloa, Walker, Perkins, Dwight, Kitchen, Moore, Parker, G. W. Bartlett, Robinson, Wake: Kiunt, Shortiand, man, Moore and others. Altergariouyjandings for purposes of examina- tion the course was laid straight for the old Quarantine landing on Staten Island, but as it is now called, Bostwick’s American Docks. This Place has undergone a Vast change, and were it not jor one or two old landmarks which are stil, left standimg, would scarcely be recog. nized even by “the woldest, inhabitant.” The ground has been laid out, a bulkhead made, warehouses Dearly completed, and piers rea 4 immediate use. ‘A more detailed account, ever, is necessary 1n order to explain the exact situation, what has been done, what it «sed to do and the advantages offered, oe in view of the fact that there is every reason to bee lteve that this is THE CHOSEN SITE for the new warehouses and the place where it is prop posed to pick bale and press all the cotton ought into the port. This property, as 18 weil known, adjoms the road Jeading to and trom the Tompkinsvilie ferry, and is bounded on the north side by the Government Lighthouse Dock and | runs back to Stuyvesant avenue, covering aD area of twenty acres. The bulkhead, or water front, is 1,000 feet in length. From this "four piers, 65 leet wide and 400 feet long, have been built,” with » space between each of 178 feet. The depth of ; Water at the bulkhead at low tide is 17 feet and at | the pier heads 30 leet, being all that is aesired im this regard. THE WAREHOUSES it is proposed to build at once are four in number; two are already io course of construction an nearly finished, while the foundations for t others are already laid. Kach of thdse storehouses 18 195 feet wide by 212 feet deep, and capable of con- taining each 18,000 bales of cotton, in three com- partments, Which are bricked off’ from one end of the buildings to the other, with two entrances in each, to be guarded and secured by iron doors: 4 shutters, making them periectly flreprost height of the butidings is 18 feet under the mata Between each warehouse will be a space of 40 Jeet, which is to be roofed over with tron girders and plate glass, thus giving dry yards in wheou the processes of picking, baling and pressing the cot- von can be periormed. The bulktead in front or tne buildings ts also to be roofed over with glass and tron, as likewise the piers, thus affording fa- cilities for unloading and sli pping. cargoes at all times, irrespective of weather. e piers afora sufMicient room for twenty-seven ships to Ite along- side, leaving space for loading and discharging lighters besides, THE ADVANTAGES CLAIMED for this location are many, and they appeared to strike the majority of the visitors yesterday. rst ts that owing to this being the eastern point of Staten Island the wharves would be entirely iree from ice during the winter, this being the weather side of the bay, thus affording taciliti Jor quick and easy shipment. The water front | also protected by the high land at the back. The | next advantage is that snips can unload here, owing to the extent of dock room provided, in two or three hours, whereas in New York and Brooke lyn, owing to the smaliness of the wharves, they have frequently to remain at their berths dis- charging their cargo ol cotton for several days, for, alter lundiug 200 or 300 bales they bave to wait until they are carted away to the diferent ware- houses before they can get any more out of the hold, This naturally causes them great incons Neniehoa besides @ loss of money by the cost of elay. THE LOSS OF COTTON BY STEALING under the present system is also very great, thieves make it their business to get thelr while the cotton lies on the dock, and wi tat nit more, follow it sometimes ail round the city until they have finally extracted some six or eight pounds in all from every bale before it 1a reshipped, which 18 a considerabie item to its owners. By landing all cotton at one spot, a8 previously stated, reliable statistics will be obtained, and further, samples will be drawa under the super- BUSINESS OPPORTUNITIES. vine? GLASS ESTABLISHMENT, DEALING IN AL haty caps umbrellas aid travelling goods, well Situated in a beauttul city, within 2% hours of New York; stock fresh and dosirable, with iow rent; the only | Feason ior selling 18 tatmily hess; no vetter ehance to | Ve iri 4 1 Be any oF one with small tad & ital require: ry to App ersonally Petter, WORTHLEY © KING, 08 Greene | tees New York. GENTLEMAN OF SATISFACTORY BOCIAL STAND. ing may hear ot an opportunity to invest about $5,007 in a weekly newspaper devoted to music and art; | Aiair profit certain. Address box 328 Herald office. | | | | RELIABLE PARTY, WITH $3,00 CAPITAL, CAN A. nier into-a reilabie manuiaetnring business; profs iarge; undoubted reterences given and required. Ad- dress EDWAKDS, Herald office mh A TABIY WANTING TO BOY r OUT A WELL ES. | | tablished firm in Toronto, whore a first clans bi ness ix done in the wholesale Receipts are from 300,000 an iactory reasons for selling For turther ‘box 355 Toronto (Ont.) Port office. Liquor Tr nually; partic nulare dress CHANCE TO GO IN A VERY PROFITABLE AND pleasant business, weil established, with first class | Feputation.. Apply at New York Laundry, 1,360 Broad- way, near Thirty: Zeventh street. ARTNER WANTED—WITH $5,000 IN CA INA safe, profitable cash buainess, in thie city; me have good references. Address H. JAMES, Herald oft PROFESSIONAL GENTLEMAN WILL JOIN SOMK one in a paying | jg be i having suitable rooms; | earns respectable; will interested. Ad- 86 M. C:, Herald oftee. make suc! 18 mo EXPRESSMEN.—FOR, SALE, A LONG ESTAB- | Msnod. well paying Express Business, Horses, ane &c.: office in bost anes up town. Address | \W box 10 Herald office. T° \—-THE WELL KNOWN ‘AND ‘LON G | Po ished Oyster House and Restaurant No. 25 Clinton Street, near Fulton strect. Brooklyn; nas been kept tor tuany years by Dominick Colgan, who now wishes (o re Ure on account or hus advanced the house large and commodious, weil turnisned ‘Mnroughout is first claw arid ip one of the best locations. tn the citys | this isa chance tor a party who understands the part b des. ae the Prospects lor making tn | donbted. For particulars inquire of D. OBY, No. 207 Montague st street, F Rrooklyn. money are un: OHAUN- “MESSRS. 5. “AL FAVRE & yy of France), tequire an agent. wie Toterences w I aplication. ANTED—SMALL INV KSTMENTS _ ($10 TO 0 $8); gives! ere Profits in double stock privite 6a, with out fear of | ow profit. on bo! RUM! raising and ialling market. 2 C0., Brokers, 52 Broadwa: PANTED—A PARTNER, WITH $800 To manttacturing artifictal flowers, . Toom 45, | one year. Apply, by leiter, (0 R, A., Weratd oft ‘i | be PARTNER WANTED, WITH THE | $3, 000. ve amount, to join the advertiser in ¢ Shirt Manufacturing Business, old established, dom bP trade, on Broadway. Address H., box 120 Heral +2 BEAL ESTATE, The only sale consummated at the Exchange yesterday was by order of the Supreme Court, in foreclosure, of a five story brick tenement house, iat 21, 1874. with lot, No, 295 Delancey street, sold by R. ve ct rectipts, 88 Harnete’ under the direction of Mr. W. G. Utstioel, reieree. NuW TORR PROPERTY 9 15 story bx. tenemen Bs 1Dit. W. Of Lewis stu lot 253: | like cotton warrants in the | ing less than twenty-five cents per bi method; the double privilege gives | vision of ins pee eet appointed by the Exchan, fc upon which the quality can be assessed and certificate of the warehouse company be endorsed accordingly. And as these will ve the only re nized warrants, describing as they will ¢ exact kind of cottou represented, they wil onion and Liverpool markets, be avatiable as collaterals tor loans or other purposes, and will be as readily negotiable as bonds on other approved securities, AS 16 ts now, such is the Uncertainty as to whether certificates represent the cotton they proiess to, cmuely dilcuit to negotiate them. Lu tact, it olten occurs that bankers loan money on certifi- cates und aiterwards find notning im tne ware- houses to wnswer what Is called ior, The ex- penses o1 sanipling both for salarics aud the cotton extracted will also be done away with; for as soon ais an official sample ts drawn and passed on by the judges there will and can be no question, for it 18 bound to be received by the buyer sad _ seller alike according to the classification awarded. ‘A SAVING ALL. ROUND will algo occur in locating the warehouse at Staten Island ior the following reasons. lu New York and Brooklyn, under the system of to-day, the cust of cartage, warehousing, examining, pressing. &c., from the time the cotton leaves the slip which brings it here to the tme it 18 ree shipped, providing the warehousing does not ex+ ceed one month, amounts to about $125, whereas at otaten Island the cost of handiing would be but twonty-five cents per bale, the cost ot warehous- ale per month, while the lightering would not be more than is now charged to take it [rom the press to th Ip. There would be no charges jor janding. It ts also expected that by locating the stores as above European going steamers and other vessels will come alongside the piers and take in their cotton, thus saving to themselves the charges for cartage or lightering, which 8a very large ivem, considering the quantity they carry during the yeur. They can take im toeir heavy cargo as now, and as cotton always goes om the top they can, when ready to start, drop down to the Hepat and fill up. Passengers could also va taken in here mstead of New York. Another sav- ing would be in time, for it 18 proposed to connect the warehouse witn the Exchange by Ng By this meaus stippers can notify the rite tendent or proprietors that they require such and such cotton to be put on such @ ship and it can at once be sent off, there being, a8 tt 18 proposed ta have, weighers and other necessary officials on the spot. Orit could be got ready on the whatt tor ships to take ju as svon as they made fast. Vers seis can also be unloaded at om ler while others are being loaded at one of the others, By adoptin, the Proposed new it is calculated en the bu of the port in cotton will be largely increased, tos owners, when they feel certain of not being robbed as heretofore, will ship to this market in prefer. ence to others as now. It is caiculated that the saving from the peculations of the dock thieves alone will be over $90,000 annually, while in other | contingencies included tt wil be nearly $750,000, READY FOR FALL OPERATIONS, It Is proposed, should this site be finally agreed to by the Cotton Exchange, to push the works for- ward as fast a possible, The parties navi fd property in charge stated to the visitors bay that tn three months they couid find room OF 100,000 bales, tn six months ior 600,000 and in ten Mouths lor 1,000,000 bales. Last year's statistics show that 900,000 bales of cotton Were shipped to New York, and if tne out- side influences t now militate st the ew Bd Kae eh PE there Is nppose suis quan’ 1 time be doubled.