The New York Herald Newspaper, September 1, 1874, Page 8

FINANCIAL, AND COMMERCL - An Upward Turn in Stocks, | Erie Leading. GOLD 109 3-4 A 109 7-8. | Foreign Exchange Steady, Money Unchanged, | Misceltancons Securities Quict. WaLi STREET, } MoNDAY, August 31—6 P. M. Tt must have been a source of pecuitar irritation Ww the Ursa Major of the street to see Erie, the stock tha: he nad calculated he had buried out of Might, leading @ sharp advance this morning. Especially, must this have been so whew the stock continued to advance, and succeeding telegrams trom Londen showed an upward movemeut there 1 which the activity on this side was only a mild Fefieotion. It was a bad day for the bear party, ‘end, realizing the situation, they piped but lowly, @nd that in very doubtful strains. The market pened with CONSIDERABLE ANIMATION, ‘Wabash in the first dealings exhiditing a decline @i % and Lake Shore \ percent. Erie, however, quickly advanced 15; per cent, carrytng with it the Walance of the list to the extent o! +y a \ percent, Up to the close of the first call, stimulated by Erie, ‘which kept improving, the general list showed an @avance of 44 a1 per cent, subsequently to which @reacuon of % @ % percent took piace. At the @econd call the market was steady. Quicksilver advanced from 30 to 30% and preferred from 333¢ | to 3343, but why only the immediate operators in the stock know. Tne movement iv Erie was the sustaining influence in the market to-day, and ‘was 4 surprise to the bears to such an extent that at first they did not know how to deal with it. To Mind Erie aggressive on ihe bull side was a revela- tion to the tollowers of the great bear, and it may ‘be safely said that considerable of the advance ‘was due to the fact that the opposing party did not Know at first now to deal with the situation. THE ADVANCE IN ERIE ‘was based upon the closing out of aloan recently asked for, Which some months ago, under the old Management, was only partially subscribed for, ut which, under the reputation the new man- agement has acquired, was promptly taken up ‘when reoffered, which promises to enable the road to pay off its Moating debt and so enter the com- petitive fleld on acash basis. There can be no doubt that the repntation of the new management has wreatly hélped to this result, and largely the confidence felt in the udministrative as weil as the executive ability of the present President. During the closing hour of business the market ‘was irregular, with dealings on a restricted scale. Erie advanced to 34%, the highest point of the @ay, with New York Central, Union Pacific and Northwest firm. Per contra, Wabash went off | from 34% to 33%/, and C., C. and J. O, from 117% to 11%. Quicksilver, common, deciined to 30, but wales of the preferred were made at 34. The favor- Ste of the list to-day was Erie, after wich came Lake Shore, Western Union, Wabash and Union Pacific. The subjoined table gives THE HIGHEST AND LOWEST PRICES, as also the sales in each Stock :— No. of | Shares Highest, Lowest, — Sold, | WB. Y. C. and Audson. 102 wiX 3,800 | - 13% 3 25,100 | 8,400 | 1u0 500 | | Western Union. jorthwestern. jorthwestern pre nd St. Paul. S00 Paul pref. E 100 ‘actiic Mail. 7,800 rie .. z 26,100 Ohio and Mississipi 1,100 Boston, Hartiord and Erie 200 Union Pacitic. 13,600 ©., . and L. ©. 700 Quicksilver. Quicksilver pri 00 Potal SHlEB. ... 2... vee eee ee eeee eseeee 131,000 | GOLD opened at 109%, which was the highest figure of ‘the day, aod closed at 109%Z, which was the lowest. ‘The carrying rate was 1 per cent, borrowing fat. The customs receipts to-day were $457,000. Tbe Assistant Treasurer paid out $30,000 on account of Interest and $1,200 in redemption of five-twenty bonds, The Treasury on September 3 has to re- @eem $5,000,000 five-twenty bonds; on September & $1.000,000 and on November 1 $25,000,000, The soliowing is the Treasury programme for Septem- ber:— SALES OF GOLD. Thursday, September + $1,900,000 ~ 1,000,000 Thursday, September 17. 500,000 ‘Tparsday, September 24. 600,000 Toral...... ee eeeeeeeee woNRY. The money market 1s unchanged, with call loans @t2a3 per cent and prime discounts 5 a7 per cent. The national bank notes received at Wash- ton to-day for redemption were $345,000. The in- ternal revenue receipts for the day were $595, ands g@nc for the month $8,500,000. FOREIGN EXCHANGE was casier on the basis of 4.874 for bankers’ 69 @ays’ sterling and 4.90 Jor short sight, nominal rates, with selling rates 4.864 4,86), and 4.8934. utinentals were quiet. Reichmarks are Bteady at 95 a 9% prime Paris, 5.12}, and 4.15. The revised iull rates ure as foliows:— Sixty Days. Three Days. Prine bankers’ ster- ling bills on London. 4.8644 a 4.87'¢ 4.89 3490 Good bankers’ do. 4.56 A4.80g 4.48% 2 4.80 Prime com. sterling do. 4.85 4.86 4.87}; a4 Paris (bankers’) 5.16% 8515 613% o and 9574 296, Cables, 96%; | | tattons, current prices showed no special change. The transactions were generally in smail amounts, | and aggregated less than $50,000, In the after- noon bonds were in moderate inquiry, and Union Pacific Incomes sold at 80, ex-interest, equivalent tw $5. A sale of Chicago and Northwestern con- solidated gold bonds wae made at 783;; Chesa- ) Peake and Obi0, coupon on, sold at 48%, and Can | ada Southern first at 55. The following were the bids on the regular call:— Det, Mon & To! Butts | Bos H&E, bur ¢ RAM a Ches & Oisto és, iat Chi Aiton income... 97 obet & Chi istm.. 4 Louisiana & No Ist gtd 3 ath, Jack & cbt inn. ber nd & Pa Ist m, wew Dew York Cen 6's, Chi Roc Nie “ New York Cen.»'s, sub, | geno Beebe is | Mal 8 8 Hud Rs 102 jc Har.am 7's Ist m. 6... 10536 Gi Harlem 7's, Ist m, Cen Pac ¢ bonds, Cen Pac State aid’ bis: Western Pacific bonds, Un Pac te Union Union Pacite \ Union Pacific sf. Pac RR of Mo, ist. Pac Rit 7's, gid by Mo.10 Pitty ft We Chit Cley & Pitts con s CR Eureezase’: Tol, Peoria & War, W Tou Peoria & War, 2d m Tol, Peo # War con ib Tol & Wab stn, St L Clev, b & A old bas. 28 Great West Ist, ’83... Clev, P & A new bds,.. 97 Central Pacific bonds closed at 903, to 90% and Union Pacifics $134 to 81% for firsts, 83 to 84 for land grants, 8434 to 8 for incomes and 70% to71 for sinking funds, Western Union gold bonds 82)q a 83. STATE BONDS Were quiet and steady. New York bounty loan, | coupon, sold at 10714; Missouri sixes, long bonds, | at 93, and Tennessee old, ex coupon, at 57% a 5734, | In the afternoon Missouri sixes, long bonds, sold at | 93 The Cinder’ were the latest bids:— Tenn 6's, old. Teun 6's, old ‘enn o's, new Tenn 6's, new at ae ay Lng bas, “Si to ‘9 incl. 93 Miss Os, Asy ‘Or r Unt, '92 9a Indiana 5's Tinois c 6's, Iilinois ¢ 6's, %79.: Ulinois war loan. Louistana 6's, new. na b's, levec.. CITY BANK SHARES were neglected. Chemical continues in demand | Without any offerings. The stock was bid for to- day at 1,151 against 1,123 0n the 2ist inst. The latest bids are annexed :— America 148 Manhattan. American Exchange. it Market. Bank & Brok’rs’ Ass'n 75. Merehants? 2uig Merchants’ Exchange 1 Chemical. 1151 Metropolitan. Jity.. Bou lege Nz Corn Exchange oro] Fourth Natiopal uy Gold Exchang 10 pip Ws | Importers & « Traders ey coup esos ie BANK STATEMENT. The operations of the Gold Exchange Bank to-day were as follows:— Gold balances. Currency baia 35 | Gross clearances ..... uy 621, 000 We learn that the silver payments of the Treas- $855,345 956,235 | that this silver resomption policy was one of the | tion, CLEARING HOUSE cinema | Currency exchanges.... | Currency balances. Gold exchanges Gold baiances.. / 1,445,833 | SALES AT THE EW YORE YORK STOCK EXCHANGE. Monday, August 31—10 A. ‘i Before Call. | $00 West Un Tel. Woche LS & MB R..0 72% To do. 98 12) 10 300 do i) 10) rt 0) 200 ac by 300 do oO 200 ao. Z Ww 35 do, 2 Be 140) BMI ast hkR..... Pay on Union P: . Li) Pac do. i a 50 4 300 5 400 1000 So SE SO SES Gey Fee es oe et g 3 ules g*. vy chi rf ET ik wo ae | 10:15 and 11:30 A. M. oer tee ©. ER..66 a6 Sia abe ess 7 0 US 5-20, ¢, 7! | #0) Us aie, ‘Gn.8 Hess th Son US oer part be, 2500 do. be Mes i Board—10:30 A. M. 3000 do. 15 shs Mor & Es...be 97 100 Mia StY RRpIbe bt do. b3 54 $7000 NY 87's, b,c. | Au00 ‘Tenn G's, 0, ex ca Joo Chi ow Cen Hae at wg 210) Ln Pac RR latin bia 2 200) Un Bac 7a,ig.be Bt 50) Un Pag sink Mad. 71% aaawere 5.17% @ 6.1636 5.13% a 5. Huw Cn Fis nt is wigs ++ 510% @ 5.15% G13% WS. |, 1000 EW & Ce msterdam . 0% 41 Alig 4G “ee 5 Amsterd 4 1u) Mich South ¢ 1 733g i M6 | “c000 Alb & Sus 2d m... 733% Hamburg 44 96 OMe 99 | AOR state ad bebe, wi Pe Franktort.. 40° a 40% | Wrens Mar «M's pe 334 Bm % Bremen WK a 9 300 Galek a in Co. 0 28% Prussian thalers . Tis & TH lw 2 ie 281g In the open market commercial bills range from - Big 4645; 10 4.86, the latter rate being for bills 3s ‘which rank very near to bankers’. For December 28g commercial bills the price w about 4.82, ana for | 10) = September 4.8345. The Bank of England gained | , 283 On balance to-day £51,000 bullion. The rate of ais- | $4 a count in the open market for three mouths’ bills | 70! 2% was 2%, which is % percent below the bank rate, | 140 s* THE FOREIGN MARKETS s 35, ‘Were generally quiec and steady | r American se- | curities in London, excepting Erie, which opened | a @t 390 a 30%, and advanced to 42%, going off later be fore the close. Erie preierred advanced 6 percent. Closing prices 4:30 P. M., were as follows:—Paris rentes easier—63r. 6: Later despatcnes (5:30 P. M.) state;—Erie Railway shares, J14% a 02 The advance in the price of Erie shares is caused by @ rumor that the report of the English auditors is javorable, Paris despatches quote rentes at 6st. Tie. Consols, money, 92% a 92%; do., account, 92% a 92 Li16; five-twenty bonds, 1805, vid, 108%; five-twenty bonds, 1867, 109%4; teu-forty bonds, 1043; a 1045,; new fives, 104% a 1047); Erle, 31k & 1%; Erie, preferred, 63, American securities dull | but generally steady. GOVERNMENTS were strong throughout the day on fair deal ings, the largest transactiony being in ten-forties. Closing prices were as follows:—United States currency sixes, 117% a M7%} do. sixes, 181, registered, 11% a 117%; 4 do, five-twenties, 1 registered, iz a 112% do. do., coupon, 112sg a Lig 5 do. G0., regisvered, 1864, 114s a 114%; do. do., coupon, As64, 11675 @ 1164; do. do., registered, 1865, 115% & 716; G0. do., COUpoU, 1865, 116%@ 117%; do. do, registered, 1965, new, 115% a 1164 1865, 116% @ 126%; do. do, registered, 1667, 116% | & 117; do. do., coupon, 1867, 117% a 117%; do. do., registered, 1868, 116% @ 117; do. do., coupon, 1868, 117% & 117%; do. ten-lorsies, registered, 110% a 110%; do. do., coupon, 114% a 114%; a0. fives of 3861, registered, 112% a 112% ; do. do, do., coupon, 112% 8 112%. BAILWAY MORTGAGES ‘Wore Gul. abd as Cupnared With Secord, . do., do. conpon | 10. do., conpon, | 0 4 1 Marien 10) Penami ® IN Con 3 4 | Sie as | Bag wy o ug | Min | Pry » 33% 8 a“ | 4 pra | 00 wid 13 be Wa he Or MWacuees $3 duo 14130 P. M.—Sefore Call, ig On &NWRR, 38% K do. 8 900 shs by Soa On Te! 00 lo. bs e 3 LOrst. be Siig 500 Cen Pac gol 1% 2 30.0 Un Pac RR iy 0" do. deni ek 20s 10 do. * domi ast Pie pi ¢ ay Tol é W Rit..b6 do. 20 N ¥, ie 13 a Ripe et abet “4 2130 to 3 P. Me 1100 shsLS4MS RR.. 120 co ‘ 20 70 ahs West Un Tel.s3 7 800 do. . on fe. -b3 76) 30) ‘B00 ick Min Co pf, 10 auth ain wat ~ ack veemeneeseeeunnuas: & {lou OLOSING PRICES—3 O'CLOOK P. M. argo E Am Express. COMMERCIAL REPORT. “Spot” Cotton Dull, Futures’? Lower— Flour Firmer—Wheat Higher—Corn Higher—Oats Steady—Pork Heavy— Hogs Steady—Beef and Cut Meats Quiet—Naval Stores Without Decided Change — Petroleum Quiet — Sugar Firm—Coffee Quiet—Rice Moderately Active. Monpay, August 31—6 P. M. There was @ freer movement in commercial circles to-day, and business was deciaedly brisk in some quarters at appreciating values, At the Produce Exchange there was an active movement in cereals at improved prices. Flour was in de. mand and firmer, Wheat was active for shipment crowning efforts of Mr. Riciardson’s administra- |: © corn, 119, | flour market ruled firmer under @ tair'demand ie e: No. 2 state $30 a $s 25 Superfine 4750 60) Extra State 52a 5B) Choice State. 5a 6W Supertine Western 4754 50 Extra W 5250 575 Extra M mnesats 6HBa 80 Round hoop Ohio, 52a 55) Round hyo» Ohio, 57a 60 Family... 60a 70 St Louis, low ext 525 a 5 8): Bt. Louis, straight € CWa 6% Bt. Loui 6HWa TW Bt Lou THe 9W California... Nominal. Kye flour, fine to superiine 40a 60 Sou:hern, No. 2.. Nominal. southern, superfine a 52 Southern, extra 5250 65 Southern, tamil GMa 9% Corn meal, 3500 425 Corn meal, Jerse: 375 a 4.0 om meal, Bran 4a 480 Corn meal, puncheons une = | —Wheat was in good demai i better. The sales comprise about 215,000 hy at ‘a $1 M4 tor | inferior and ungraded for No. caine in ora a 7 Fy stink 15 tor di ‘float ie an extreme price. @ $1 22 for No, $1 4 hal fed winter, $1 3 a ae a ia a and higher prices obtained for all Kinds. Corn was also active and a large business was done at improved prices, Oats were steady. Whiskey was quiet. Pork and lard were dull and lower. 2,200 | ury have been stopped. It will be remembered | qne gemand for “spo” cotton was limited and the market ruled dol. ‘Futures’ declined 3-16c. ugar was firm and in fair demand. Coffee was quiet | and nominally unchanged. In petroleum and naval | stores there was no activity and values were nominally | unchansed. Corrox on the spot was quiet under a small demand, almost entirely for smal lots for spinning purposes. A | few exporters made unacceptable bids, Closed dull. | Nochange in quotations. | “Futures” declined 3-16 Ib, under a renewed disposition to sell. Uplands, Alabama, ¥. Ordinary. . 1 133 Good ordinal Strictgooa ord Low middling ‘he above quotations are Ring in quality not more th low the grade quoted. ‘The big id i! 362 92) re delivery (basis low middling) the sales nave been as roliows: turday evening, after one o'clock— 27 -c2e. ove sovember, 1 at it 15 1 h-16c. ; ar 15 21-22¢. 10) ae 151. 3 at 15 25-s 1a at Is 1ed3e AN at Ligh. 400 cat % 15 32e., 500 at 1815-52, (Ai 19-386. 200 a Patt November, 200 at Ibsen, 100 ag 1b lsd" 200 at 15 13320. 160 at 15%¢0., 200 at 0 at 19 7-i6e.) 4) at 13 15926.» 1.0 at at 16c.; April, 100/at 16 9-320. ; 100 at 32c., 100 at I64c. Total, ae bales. | the averages of Saturday's forward deliveries were as, tollowe:—September, 15.06; October, 15.69; November, 15.49; De 18,68; Jun- ary, 1630; February. 15.175 M a ape 16.38. Firev call August, 100, short’ notre 1se.; October, 700 at 15" 11-32c. 5 nj January, 1,00 —septemper, “a “it 15'S ah, Setaber, 200 ember, 1U0 at 15 8-32e,, 20) t 15 6. ida 1: February, $00 at 1xie.5 ‘Mare 16'e. ; pg 200 at T6ige., Total 4) bales, pts at ‘the ports were as Fay Veston, 482 bales: New Urleans, $69; Mobile. 1-0 aval A3; Charleston, 77; Wilinington, & 2; Baltimore, 32; rk. 16; Boston, 2) Philadelpatiy 95. Total, 1,634" This duy last Week, Ul, This day last y muce September 1, 3,776,207 closed as follows: Ha Hamburg, mo team, Heh Si6d eription: qniet and without Col le: | salon reported usiue trom moderate transactions ins loubing way. We quote: itlo, ordinary cargoes, 16% 7c.; air do.. dae, a ie good do., prime do. 196. ‘a 20c. Java. Rovernmene” bay ry fn: Ceylon hige, @. 206% Maritcalbo. Taguayra, 184c a 1940. +damaica, es ining, Lec. a 0igc.; Porto. Ricuy 18 asta, Rica, Ike. 8 20isey Mexican, i8ie, a Savaullla, lisgc. @ 19560. ; Curacoa, Ti3gc., # day’ eee Fiat: 17,616 bbls. wheat, 554 do.; outs, 16,60 do, The Port and ‘rom the local trade, and for some of Shipping We. advance was obtained. The sal prised about 12,v00 bt. at our quotations. southern flour was in better demand, the sales comprising 1,600 bbis. Rye flour ruled im buyer's favor, cloning dull, with sales Of 50) bois. at from $4 9) a $5 85 per bbI Cornmeal was steady. with sales of about 6”) bbls. We quote:— 1en,i0r ‘bushel: Toledo and y wv nd higher, The s: . In store, BB¢ fair demand, ( « & Soc. for mixed, mainly at Ste. 0 55¢., nnd Ble. @ 6c. for white. Rye was steady, with @ moderate deimand. We note sales of 10,00 bushels at $1 for old and Sc. a 9c. KY co Barley aud mait were quiet and tominally un- chang Fusiouts.—There is more activity in the Frnt ket, with grain room oa berth sas 6 arter and petroleum tonnage in moderal ate Grain rates rule about steady. Rates on petroleum vow sell quoted easier. To Liverpool, by sail. 0) bales cotton ‘At Sad. per Ib. ; 47 hhds. tobacco at 27a. 6d. ; 100 tons oll cake in bags, at 17s. 6d. per ton: amd, by steam, 800 bushels graiy at 64. per Dushel; 1,900 boxes cheese. part + 800 box acon bee: Pesto 8 50 ib.; also & British steam- iat cargo. To London, d. per bushel; and, bi iopushels oa (to fill ro Cork for orders, rr ny lian brig, ie 2400 quartars Grain, at 6. Bd. dex quarter; to by anil, 20 cases tobacco on private terms; Bamburs, 4 German brig hence with geve: cluding rosin, on p bane pence wee general car 4 chief; Bor the Bultic direct, a Toit about 800 barrels refined etre man brig hence with about 420) Se barrel ; ou Snerers char fe ib Civeattar. bar! fined patrvioum on private (erms, quoted at ‘od bbl. and another, hence Ve a Bi aa crude pewolsum, at ds. neiro, @ schoo! se fi ted at sa gold ai at i su Pru with lumber, from ming at Bh mbes trom Mobile. reported, ou sold ‘with lumber, 1 orted at $10, “Lo Bostolly a geliconer, wr umber. from ito nooner,” With Hedoat “8, Aa New’ York e, at $1 a $1 10 eaves schooners, with ice, from per —" jet, with business lotsrena The parte rnaae gi We note oA liga CS 2c, Prices mare wae Ww "aed, Ste confined to unim, hhds. muscov: gran unchanged and quoted centrifugal and mixed, 4 dic. do, muscovado, zehaing gery Ce. 0 Whe; Pe ew wits ‘StorKs.—The ‘market tor sp! quiet, though the value continues to be Beauly at 35h¢c. ised 35e. sal e swained Fosin was rather quiet rd of bbis. common at $2 aeaines a at 2 En 1.500 bbis. were reported seid a to have been bid: 1,000 bbls. at a private jog we ‘oad 500 Mil & st P RIC ard s a confidence, We Mitaseille, week. $ wells, Sdc. a B236¢. ; pane ie shipment * Fronarors = Feoripte—Pork,, 171 bbls. beet. 100 pack a 12 do, ; lard, 356 bbls. an glereate ‘weak. Ae sto ‘er 00 bbl new move at S22 ft gi met a fair demand, und ruled steady at c, Bacon was dull, and with market ruled quiet, but firs were placed to the srs: sig e, ack within the range of $12 50.8 $14 a $15 for pa ah on ee tes noel sd; $27 values exhibited no change, SY gomogined 200. Sintoes Western Cy at 1456 ‘at 143gc. per 1b.; do city, spot, at lic. per lb. Buiter and cheese ‘were unchanged in every respect. Rice,—In a distributii market ruled ce oll 200 bays of Rangoon STKARINE Was Wit ‘ies Western at Ii i¢ market ate demand. bales if 400 hhds. ane 339, 16 hhds. centrif Ib. yado, at85-l6c. a nd 105 al, at 9¢c, Der 339 boxes molasse: "Retined ‘Was moderately active, at Wie. for + sient int {aly to good fair, CRD) Bhs fair to erlor to, commen. Ps elaved en Dusen tanda jg gl? to 15, comiuon to prime. me ry Lie Bia Brazil—Duteh peas sabi ah os. }gc., Java—Duteh standard, Manila—Superior and extra ae ioe a Tattow was quiet and nominall. of 200 bbls at $1 ie Pay DOMESTIO MA MARKETS, \Lvaston, Augnst 31, ie Net recei 008, ordinary, 14s, ts; 462 Exports Pa! Great rag 337; canta 412, Sales, 250 Stock, 4, New crane at rat Mary, 14ige.; ordinar jet. receip Or Ty the core Te Great britain: rfid Bales, 300; last evening, ig, Cotton quiet; Cotton quiet: bales. Exports coastwise, & ae 8. Sh. tock, Cnarcestox, Au; 560. 3 ry c. Net peceinte rg bal nm Coastwise, 1,108 Sales, 50. Btock, 4 Witainaron, N. ©. Spirits Eienune, Beek at 82ige. Rosin firm, at $1 85 Turpentine stead Yellow dip.” Tar steagy a Fiour is 2%. lower on” ‘all grade: Wheat duil: sales 2000 bushels Gla No: 1 white Stet an r terms: old No. i Bal eraynee club Is heli ; new extra white Mich! oer ton. . Mill hy $5, r*] bat ts, 6) Dushels wi feat’ Canal shipmen 1,025,000 seet of lumber, sats oe [dove ake gd rail 126,168 bushels; cor four hours :—Flour, | corn, 114,240 do; eae if Wheat, 95,696 bushels: Rel | gx ports—Wheat, ts, oy 457 di Ss12' bushels, corn, ‘ent, 4073 000 do. Canal freights dull; wheat, 9. ; corn, 8c. 5 Flour steady; sales of ‘\,000 bbis, ‘on the fol- Western SDTaD $6 Wheat more Sache Milwaukee No. 1 at $1 jes of Ws Flour quiet and unchange No. 1 white sighigan fat i6c., $00 at 15 19-82c., 1,500 at | amber Michigan, sie peplember, 1576c., 200 at | $1 03; "Corn steady? High mixed, ‘Tae ‘ellow, no. le, er iigeieas, be es relent du is ‘wheat, 9 mente —40\W0 bushels wheat, Curcaco, August 31, 1874. Plone quiet and me Wheat gutet and weak at pri No. 2. cash, September or Corn steady, at picinber: Gi240. Oe I, tember; low mixed, hanged. Becelgs we for No, 2 ‘mixed, ber high mixed. G74: Rejected, (Oo. a B60, S040. for, No. 2, spot; Sic. Rye steady at 75c. #3¢. for No. 2 sprin Pork inactive ar 6227 Lard unchanged, at Teas quiet, fand unchanged. ing.—Common rosin, zic, « German st da aac re. leum. and a Ger ns TO ony hark ene ith eum, st the Continents a > German rely in ark © with von Phil- previons to tor orders, an jual to cn 2,20) bbis. re- Bed eh luraber, rim. ues ‘with 0 Ameri¢ag schooner Baie a brig, re, Wale: nd, re- rits turpentine was ae market for refined ruled quiet to-day, uct to be held with a shade rm Idee, for first half 0 Crude a was ste ion were rent of 1.090 ise niet but Ite. 8c. ; Rouseville, weak at$l le arker’s, ver: at pric in mess Dbis., r prime mess and way trade was fair and the ¢ sales foot up 40 rer bes pocordin to quality, and We Rote sales of 45 ir raw was steady, with a panes epprce, including Guba at 8c. per t 7.440, & 8c, per to'20, lOc: ‘Rios = eanine, fair to choice, vee f ory ii. * 4c. ‘as steady, with sales ugust Sl, 1 item! Tow midatia lt Monmx, August 81, 1874, Cotton quiet and unchanged; middlings, 1éc. “ast te sop 120 bales. crepe Bales, Van An SA, 187; Sareea 1s, as it 31, 1674. We; rr Wi J Taf 31°35 forhined: $9 28 ter BGO, N. Y., August 31, 1874. ales 1.9%) bbIs, te xew York: Jumper, ‘$2 75 a0" do. Cort, 1,840), 300 bushels wheat and Borraro, August ae M; | bakers’, a sales of 15,000 bushels North: 3, do, held at $1 10. 18: No, 2 do. held are | Corn re, Oted t— at ee: 3 00, do. Re tertile at $80, fics nominal rat abe. barley firm: | $i 75, Provisions—3 & $24 50; hams, 14 Breakant bacon, an j beef dozen; lard, 143<c. be in fuersoh, 6c. | in tubs.’ Other articles unchanged. a August 31 in tal Western, $1 65 0 Oats in fi ic. Se! & Ble, 17 15 seller FF 1di4c. Bulk mhiskey orm, gearee and Frelghts:—Corn to Buffalo, Se. a Sice- his afternoon wheat fat at 2 Ce aN doptembers corn scarce, ceipie—4.000, bbls. flour, 150,009 bushels do. ‘oats, 3,000 do. ‘shipments—3, 00 bbis. flour, wheat, 131,000 do. corn, 40,000 do. oats, 1,000 5,00 do. barley. EUROPEAN M MARKETS, Loypox Propucr Manxee—L ‘Lorpon, August 31—Even- a fs. 6d. per cwt. Linseed oll, 263, 6d. spirits turpentine, 246. a 24s. 3d. per cw. ee a SINANCIAL, T REASONABLE ABLE RATES,—MONEY ON LIF& “AND Endowment Insurance Poticie: Becorities, Insurance J Mortgages and other 1 ai kinds effected with bestcom- ABRICH & OV., Li7 Broadway —STOCK PAB ME ot) oe ALL THE ACTIVE + Blocks negotiated at 1 Ket; $00 ro $100 puts o logese ‘This system of let, with valuable Maciatical tori ion, sent 1g speculate, LUM! Bankers and brokers, N cent from the mar- $360 double privi- expiajned ib a BRIDGE & CO., CHOICE OF ROOMS AND GOOD SEOURITY WILL given by a lady movin; ione, tor the use of some money entieman of reliable address will ox im earns Uptown Branch ofice. into ber own house 14 [Att time. Fag noticed by L, L. TO Kew York, Brooklyn, > poking fle In course of ere aes ply tg Be OR SALE—MORTGAGE, $3,000), Fan, op property io Elizabeth, count to eral ote FUNDS OF rat, TO LOAN ON ry Loan on to buy mort- No, 6 Pine TWO YEARS TO Iiberal dis ORTGAGK, asene Letters of Cred payaple in any part of Europe, Draw Bills of Exchange an Mica (pleeraphic trane fers of money on Kurope 7 APSLEY & BAZLEY, aROKE "5 at “BROAD Double Privilege 0; per 100 shares on * let, “Ho Puts or Cal tock Exchan; ‘hd loney Is Lost ana Made in Wali of] Brensand, 8 Union square, price % comin ‘ORTEESH {PACIFIO, RAILROAD, Bons A tall Bankers, 10. ries ‘tieet. 1. GRANT, Il PINE STREET, ALWAYS HAS + Money reaily to loan on good New York city Mort- ages without bonus. Principais desiring to borrow or vest please apply. SELIGMAN & go. Asia, Africa, Australia e3si IME. $1.0 FIRST MORTGAGE ON 25 ACRE PROP. miles from New York city, for sale at Uiberal o Moncgomery street, Jersey C room 4, this ne WANTED—FOR ONE YEAR. ON $10,000 7 er cent townshiy bonds of a Western 10 per cent interest will be Bonus, of jhall, prouis of accrued interes pald and s FOwNsurt Herald office. Address caro: ibe | Foon 38 WANTED —ON FIRST MORTGAGE STORK yo Third avenue, near the bridge. , Counsellor atlaw, 23 Park row, dull; ‘0c. tierces of isco" Stock, Sports I Asse 31, 1874. for | Dame and appointment, DE JUL! ei jo. rye and States and also of Mr. Youn more, that “Story of a Bottle this morning is not ‘‘a troe bili.” ‘The troops at the Tortugas were removed to Pensacola in the latter part of 1873, and the only remaining federal convicts—two negroés—were forwarded to the | ag Prison at Baton Rouge, La. Since then the San he be the FINA! ANCIAL. —WANTED—FIRST. T MORTOAGE, Piast class residence. Forty-third stree Principals ouly address H. P. J, ‘box tas ANCE FOR A SAPE AND $12 000. got tavestinent For sale; a Piret More , on first Ey pe mE LT w mone; ranted to ine! ee fw sold ee hen “addvess F. Hi Dox 3,29 New rk Post office. POR INVESTMENT IN FIRST AND $120. 00 second Mortgaxes 4 ona PA improved and unimproye: ES Pophrty ie 9 Mortgages. W. D, & TRUST FUNDS Mortgages. $400,000 misnts ASN ci & Vine street, STOCKS, BOND? ang other valuable 2 to Duy the same, TODD, 8 Liberty sureet $500,000. Ror oricse curi:ies, In sums to ul COPARTNERSHIPS Nous HE COPARTNERS HIP or WHEELER BROS, mp HE cor expires on September 1, by Heniterion. oO. aiealer retires alan fare pew gy D, THOMA W. : WHEEL! ae USINESS OPPORTU NITIES. WLEDGE OF LANGUAGES.—AN AMERICAN ‘A igh man, sith tn rope, will teanaact ae requiring his services, a rr y Berlin Hrankiort: iitst ‘claw relereices, Address F., Dox lid Herald offices, TERRE NR ACTIVE OR SILENT, WITH A A. capr 000 or more, in @ safe and profitable Brovision, Foubing an ‘smoking business, in this city, in beet and pork, acking. connection with eastern beet a 4 Bor Te Tae street. TNE] NTED—WITH $2,500, IN THE AL Sitters cheese, “yroauce ‘and. commission business; ‘well established ; mart Fete TO to be RaSbey street. VERY DESIRABLE POSITION IN A een TNtaied paper business le open fo,a reliable, peavey ung man th $600 ready cash, Add: box GETIO BUSINESS PARTNER IN A AN ari Sian Nberally: ly paying ercieei ap Seowaally fine oj ni fered, really worth investi! fig. Particulars at 1.241 Broadway, up stairs. UBINESS. “BUSINESS “FOR AN HONORABLE, baa ith but small capital required, spall GG. CAMPBELL Gniller), French’s ‘Hotel, FoR SALE—HALP INTEREST IN A FRUIT, CON- fectionery, Poe eeeee and Toy Store ON one ‘of the avenuest ver: le money require Full explanation by ‘addressing ACTIVITY, box ist Herald office. (OR SALE—OR WOULD TAK& A PARTNER—A first class Grocery, on a leading avenue ip Brooklyn, Going & business 0 $50, 50,40) two Horses and Wags deverytaing ‘in good working order, For Particulars address GnOOER, Herald Brooklyn Branch ttice, ET Aa eeemearecntone a nee MASDEACTURERS DESIRING INCREASE OF CAPI- fal can incorporate under State laws and sell shares ot stock tor additional capital. Having organized many companies and made investments for capitalists ia mer- cuntile, manufacturing and ocher concerns, together ‘with long, uninterrupted experience, makes our position and fack:ities unequalled for securing capital lor legiti- mate purposes. ALEXANDER FROTHINGHAM & CO., 12 Wall st, Pav WITH $80,000, WANTED—IN A SUCCE! tul wholesale business in meta! io socal with ory 19 Brooklyn, and proposed warezvom in, New York; party investing to take care of latter and fluanees; pres- ent proprietor superiutends the tactory. Apply to GRIGGS & CARLETON, 98 Broadway ARTNER WANTED—IN WHOLESALE GROCERY business, Michigan; $10,040 can be safely invested either us general or aoe st New York city reter- ox O44 Post oftee, New York. ‘PARTNER WANTED—WITH $1,500, TO TAKE AN interest and act as treasurer with a 16 year old es ablished, reliaple and popular entertainment. (Adare between 10 A. M. ROBINSON, Metropoll: tan Theatre, 585 Broadway. ANTED—A PARTNER, ACIIVE OR SPECIAL, IN rofitable cash business ot 15 years’ standing, ‘and Ley class inevery respect, Address MERCHANT, sta- ion D. Wantzpss PARTNER WITH A SMALL CAPITAL, 6 an interest in an old established Business; Goodinvestment, Address W. W., box 127 Herald office. yANTED SA SPECIAL PARTNER, WITH $10,000 TO 00, to take from a quarter to a half interest in aioe of} rot patent medicines, two of which are already es- tablished; more capital only is necessary to insure a and success, and nohunbug. Address PATENT MED- FEIN Herald Uptown Brauch ofice. OQ Witt PURCHASE A POSITION AS TREAS- rer and partuer im a celebrated exhibition about starting for the Western State Apply in per- ton to ROBINSON, 20 raat Tenth strect. 1.00 AN ELEGANT, EASY RESPECTABLE «,, Business. paying $400) net yearly, for $1,0.0 casb, to a gentieman of good address onty. ‘Pur. chaser can try tHe business belore making investment. BYRON, 53 Lexington avenue. $1. OOO 72 323% CASH,—SPLENDID CHANCE | for a pi arty to purchase a large Interest in a strictly frst class legitimate business, of unlimited Magnitude; a permanent income of $15,00)'a year cleared without risk; in every State; please inyestizaie. GEV. T. REED & CO., 335 Broadway, offices 34 and 35. $4,000 KANTEDCPARTNER OR LOAN, FOR 4 Duying a first ciass French restaurant and boarding house tor half its value; ten bedrooms tull furnished and in pertect order; also stock of wine ans liquor; yearly profit tor last seven years, $4,00) to $5,000; party returns to Europe for bad health; Rouse, tail of welll paying | French boarders; I Kept formerly myselflund wife. restaurant in Paris. Answer, giving Herald omtice. Hight est city reierence can be given. 00 —PART OAS TEN YEARS AB lished.—The advertiser desires to extend- h facturing business, paying over $5,000 ‘itt, MVestigation sollcited. “Address AUiIT, THE COTTON CONVENTION. Meeting at the cy SE Cotton Ex- change—Discussion on the Classifica- tion of American Grades— List of | Delegates. In June last there was held in Augusta, Ga., @ National Convention of prominent merchants, ,growers and others in the cotton interest, at which It was resolved tuat there should be a class. Mfication of cotton of all the grades, so that an American standard might be established by which all the cotton exchanges in the country could be governed after October 1, 1874. In pursuance of this action all the delegates met yesterday morn- | ing at haif-past ten o’clock at the New York | Cotton Exchange in order to carry out the work of the Augusta Convention, whose resolutions pro- vided that the meeting should convene on or about the 31st of August. The names o1 the delegates are as follows:—J. T. Dosweil, of New Orieans, La.; J.B. Gilbert, of Nashville, Tenn,; Wiiam Henry Woods, Savan- Dab, R wie, Baitimore, Mi 3_B. smith, Boston, ‘Mass, M, Gates, Lae Tenn. ; 8. Lester ‘fayicr, Cincinnati, Onio; J. B. Sten: house, Charlotte, N.C E. Rucnards, G Gaiveston, Texas; L. M. pelt ‘Atianta, Livoy, Augusta, Ga.; W. D. Reynolds, Novfok, Va.; D. B. Huger, Mobile, Ala.; John C, bg od Selma, Ala. ; 2. G. Rita Eufaula, Ga.; J. BK. Cohen, 81. see Mo.; A. K. Childs, ‘Athens, Ga. Alternates—E. G Matthews. Baltimore, Md.; Thomas Fenner and 8. R. Chesorough, New York. The Committee of Reception of the Cotton Ex- change of this city comprised the following named gentiemen:—B. P, Baker, Chairman; J. FP. Wen- man, Joun B. Kitcaing, Robert Murdoch, M. Leh- man, Thomas Fenner, and Henry Hentz, President of the Exchange, as ex oficio member. The Convention was organized in the man room by the election of Mr. J. T. Doswell, of Orleans, President, and Mr. 8S. Lester Tayior (Presi- dent of the Cincinnati Cotton Exchange) as Sec- retary. The members held only a session of one hour and a hall, the practical business of the Con- vention being discussed in rather an informal manner, the members exchanging views as to the best manner of classifying cotton, so that the type samples shouid be ihe same throughout the thon: all by Bere that a lack of an American jtandard had veen the cause of great confusion and _interminabie gisputes In the — trade. It was decided = at length that the Convention should commence the practi- cal work entrusted to it to-day (Tuesday), at half-past ten o’clock in the forenoon, by meet- ing at the place of business of Mr. Charlies A. Easton, No. 141 Pearl street, where the top floor will be ‘devoted to the examination of all grades of American cotton with a wew to a general classifi- cat ‘The Convention only expect to be in session for about two days longer, and it is to be hoped their examinations and deliberations will resuit in set- thing the much needed standard, thus relieving the dealers of one of their greatest embarrass- ments, The Selegates seem to be practical busi- ness men of @ high order of intelligence, and, if Gompartesns ‘were not odious, it might be ‘re- marked that their business-like manner of going to work without frothy speeches was in admirable contrast to the long-winded preambles, &c., of men who meet in convention to make laws for the State or mould the government of this great na- ton. THAT MESSAGE PROM THE SEA. CATSKILL, N. Y., August 30, 1874, To THE EpITor OF THE HERALD:— Fortunately for the peace of mind of the United friends in Baiti- in the H&RALD of and rape Tortugas has been watched id by a solitary Datch sergeant of un- ‘onounceable name and contented gupomtion. eppy Jom John Young? I think not. tbodox just DOW—there isa At any rate—ae » Le out somewnere, built upon bain, " THE LIQUOR DEALERS. ain eee A Convention To Be Held im Albany on September 30. ‘The State Central Committee of the New York State Liquor Dealers’ Protective Union met yester- day afternoon at the Metropciitan Hotel. Mr. Aaron Herzberg, President of the Protective Union of thie city, presided, Every Senatorial district except the thirteenth was represented. A call was presented by a committee announcing the time ana place of the State Convention, whieh 1g to be held in Albany on the 30th of September, The call sets forth the objects of the Convention, ‘sud disclaims any intention of meddling in politi- cal Matters except so far as concerns the, interfer. ence with the liquor trafic, The following is the call issued by the commit- tee To tum Liquor Dat Bri Maursrers, Dis. saree Wits REL eid Bitte “RB oe wh State separa he trade, embracing. both the retal te, went at Tweasie fall in the cits of albany, Wednes Say, September 30 lsh ateieven Belok The State ¢ Executive Committee of the Union invite the “delies in every Asse: ‘Shute to one de to Lag Liye ate! of doing asiness in the lee brewers: maltters aint distiiie bers ofthe trade. ‘This basis of Rareanalaton on includes be tt gid of our union or not, as it resentation of the entire ently of all purely pol pendently of all purely political o ever bape, hee ject is to bri at fraternal union among all engaged fn manu- facture or eal moe distilled or fermented Mquors or Wi pnich wary to secure the influence imnorg Mhaitusisewating st aibanses ‘protection whieh ted anda forte future by our put experienee and a0 wines Chairman Stats Central Committe DYSTRUCTION, “\ CADEMY OF Moons ST. VINCENT, under the le special amet tite of the Sisters of Charitv: my, aitated at Mount St Vincent on the Binion fiver fa ay 18 miles from New Yoru, wil ol ir londay of ptember, Os eae Pi particulate will be mailed ‘ree on applica Relerences-the Most tev. “Arch Site, B Daud the reverend clergymen in vehers ; W. &3. O'Brien, bankers, iw York Mesara’ Eugene Kelly & Ge., bankers, ‘Exchange nge plac New York: Mensrs, Develia, Miller & Trully i law zeres 118 Broadway; Joseph A. Deering, Esq., 178 Bi AT pDORBEAR'S COMMERCIAL COLLEGE, 1.195 Broadway, pupils can have private .cssons 1b Bust- bess Writing, Bi ook eeping, or other branches, and learn more in one quarter than in years in classes. Gentle- men, ladies or boys ¢ can secure private desks this week.. Open day and evening. T ROMP PORE COLLEGE, 20 FOURTH AVENUE, posite Cooper Institate—Bookkeeping, yo ng, ‘Aritninedte taught day aud evening. Ladies’ Depart- -Ment—Telegraphy taug vith, instruments in owe quar- “ter. No vacation. ts (A. YOUNG LADY WOULD LIKE TO ENGAGE WITH # retpectable private family to teach two or more children French, English and musio; first elass refer- ences only exonanged. Address H.N., box 125 Herald . N EXPERIENCED FRENCH MASTER RER years in England) seeks situation in a good school; French, Drawing, Fiano, Latia, Blementary German and: Spamis best testimonials; salary no abject Addrese ‘T. C., 200 West 4th st, A. GENTREMAN OF, FIRST CLASS EDUCATION, nigh learning and, moral habits, being fond) « ot Teaching and averse to idleness, to m the of his tine and knowledge bv teaching Phil cooshyy in Latin or in English, in some college or anywhere cise he would have nd objection also, to teach, Latin, fudlin and ng prench Pee spectabie families. Addr A GENTLEMAN OF CULTURE, LANDED RE cently, being accustomed and competent to teach: inodern languages and classics, wishes to obtain a uation as @ teacher or corre spondent: 0 Ps referent Bish ealary no object. Address H. W. M. Hoboken, GENTLEMAN CAN RECEIVE ADVANCED TUI- tion in chemistry, in the private ofa proggscor in A vad college in New Yor! NY LADY WISHING A PLEASANT HOME NEAB New York, competent and willing to teach Angiey and music in full or part return, may address H.. uu Herald office. An ‘:piscopalian prererred. MALE TEACHER WANTED—FOR A OTEIOT school. Apply to the BOARD OF KDUCATION of Pelhamville, Westchester county, N. ¥. FIRST CLASS TEACHER OF GERMAN wanted—To give lessons to classes from one to tw | hours a day fortwo days per week, Address Bri office. Herald Brooklyn Bri UGUST 81 AND SEPTEMBER eee =, SUBSORI- ber will receive pupils for his Fall Writing Classes on Monday and Tuesday, at atly reduced Apply at 1,261 Broadway troin 3 to 9 o'clock P. Our VER B GOEDSMITH. USINESS COLLKGE, WEST S{DE, TWENTY-THIRD street, corner Sixth avenue.—Most select and pract- cal commercial schooi in the city. Now open, aay | evening. Call or write for circular QOOEZING -QONED ATION LIBERAL; PREPER- “ence to one desiring & course of instruction ana willing to earn part ot her exper Rev. W. H. KINGSBURY, Tarrytown, N. ¥. Temove ni citer Be Sepuemiber ieee E-ENGAGEMENT AS VISITING OR RESIDENT teacher, 1n or around New York, or as companion. no objection to travel, b ady, graduate of Teachers’ College in ages of 6 and 14; highest references. Address BE. a. B., care B. Westerman & Co., 5% Broadway, New a noe rons, ata IN A Lat ete suas family school; board, tuition, music r uarters monthly 428; relerence.’ Hey THOMAS Gbi~ AUDETT, 152 Huntington street, sou Brooklyn. TANTED—A FIRST CLASS ae (top Gated or music, to go to the country; overness for the city. Apply at phtohens S BUREAU, West Thirty-firth street, A YEAR-HOARD AND TUITION, AT THE Eniscopal Academy. | Addrege Rev. 7. M. HEILLY, B. D., Rector, Haddonfield. N poe? THE LECTURE SEASON. aL LECTURES EVERY, NIGHT AT EIGHT’ clock at the New York Musenm ot Apasoms 613 Broadway, between Houston and ee stree _WANTED TO | PURCHASE, 2 0 BUTCHERS. —WANTE! D, A. “@ooD Ic 1cB “HOUSE, for cash; not larger than 7x9 or 10, Apply at 719 Washington stress lg V yANTED—A GRAY GRANITE MONUMENT AND nine granite Yosts, for a small plot in Greenwood Cemetery. Address, with particulars,¢RANITE, room ll, | 171 Broadway, corner Cortlands street. __ PROPOSALS, NOTICE TO CONTRACTOBS,—SEALED re ots will be received atthe office of the undersigne until Saturday, Se) teinber Beste, tor preparing the foundation, fur: and repairing with grapite block in said city, from Hiram to Commercial nue, a distance of about 2,300 fineal teet of street ‘also for finishing, setting and resetting the new and old curb stone and Gagging connected with the Sead Batistactory security will a3 required, eed reserving the right to fejectany or all pro osals, Pespecifications for the work may be seen at the offies of the ucderyigued in New Brongwick Ob mpd ater West 2d tnstant nesday, 24 Ins a PH F, FISHER, 8 RO! McRKE SWIFT, New Buonswicx, N. J. . eptember i, tars r | ae AND REMOVAL OF PENITENTIARY OP New Brunswick, bommintaers, The undersigned, appointed commissioners purpose a net of, the General Assembly approved April 3 Iya, wil receive sealed proposals, to be open atiZovclock M. on Thursday, the lat I Ostobe 13H, for the Lae: ‘and renioval of the Penitentiary of irginta, The following are ro shia proviions of the act to which: the proposals must ry These comuilesioners, a vertise for urchase of re and a rd ak inmates fo fo mov: of the paildings and ne é | t0 80 not less than five m: ‘om. corpora sultabl Rene tlhe ihe. proper, le butidings ‘for ere ment of te rs, the erection of | ners all the "means and, appliance sary rita secure all the tac’ ns of the Penitentiary to the same onvent nai = sbey y RE coon, exist in the State Penireatary ar je ay ih that no proposal shal! be accepted which involve: ‘State In any ged over and ve the proceeds sale of thé land and buildings ‘now used tor and coi nected with the Peniten tisry. “3. Proposals for conn removal must be ¢: <iciet ll the envelopes “Pro for remuving the State Penk eee ibe sould be teooma faith peels a map 1 ¢ ‘obs for tee bnidines iy ko furnished in piace SE present conte! pied ; and no proposition shall ‘G4 pled, Lad approved of ity he commissioners and’ falifiea islature at iis next session. a proposals ye ahould be Addressed er ne ngersigned. for ean | i rn T ‘DE Sst WA Wadwon sercets 19.6 woe \ i om ‘Abioxdon Ce ft strait age, ad ali tole Gee sive and respons! loon roe ness. R. TA QGART. © an te age on Hudson street, near ‘Tweltthe ger e Le ogy FOR FURNITURE, PIANOS, BAGGAG! rc. In separate bauding pa rooms, at low rates; watchmen ‘ht, &e, DHALES & “SON, ‘$88, 40 and @ Commerce street | DENTISTRY, bind 3 ee) A Sth se $5, $3; GUM TERTH, 910; SINOLR, $1; extractine’ with gas, 508.5 stiver 8 ‘filings, : examine specimens, “New York Dental Rooms,” Sixth avenue; catablished 1861, Remember, 28 ARTIFICIAL TEETH INSERT MANN TL Tithont, plate, clasps pet Dr. SLO BOM ON ). 0 West ens strech