The New York Herald Newspaper, September 12, 1875, Page 10

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10 FINANCIAL AND COMMERCIAL Btocks Steady and the Mar- ket Unexcited. GOLD FIRM AT 116 5-8 A 116 1-2. Money on Call 2 1-2 a 3 per Cent-- Foreign Exchange Lower. THE BANK STATEMENT. A Decrease in the Total Reserve of $2,228,000. WA. Srruzr, } ‘ Sarorpay, Sept. 11—6 P. M. Stock operations to-day were unattended by excite- ment. The dealings were confined chiefly to brokers and the daily loungers in their offices, and the changes | were pot important, A distrustful feeling and a con- siderable short interest exists, which makes it not im- probable that an advance may be forced at an early day ts a preliminary step to lower prices than have yet deen established. The transactions amounted to 129,000 shares, the leaders of the market being Western Union, Erie, Lake Shore and Northwest common. The atter sold at 39% a 39%; a 38%, but closed at 394%. The preferred stock opened and closed at 54 after sales at 543, 453%. Erie opened at 18%, fell off to 173¢ and ended | 17%. Lake Shore ranged from 5634 to 55%, closing at 564s. Western Union sold at 79% a 804. Union Pacific was firm at 73% a 73%. Atlantic and Pacific Telegraph was steady at 20. Pacific Mail retains its firmness at 37%; 23774. Panama was quoted at 134 a 137, the last being the closing figure. Delaware and Lackawanna sold at 121. 12133, St. Paul common at B6 a 35%, do. preferred at 63%; a 63% a 623; 0 62%, Wabash at 5% 05%. C.,C. and I. C is downto 3% a 4. Objo and Mississippi ranged from 19 to 19%, with a tlose at the first named price. Other changes are in- significant. OPENING, HIGHEST AND LOWEST PRICES. The following tatNe shows the opening, highest and lowest prices of the day-— New York Central . Toane” 104% 104% Harlem . 32 182 132 18% 4 5635 5555 5% 5% Northwestern. ie 3935 38g Northwestern preferred. 54 53K Rock Island . 107% 107% 90 90 36 35% Mil. and St. Paul pref. 63% 6255 Obio and ayers 19) 19 New Jersey Central. nosy nos Delaware, Lack. and way 121 Union Pacific. 7354 73% 0,6. and 1. 4 3% ‘Western Union . 8054 79% Atlantic and Pacific Tel. 20 20 Pacific Mail. ia 37% 37% | 134 | Mil , Mil rf. | G, 32 | oe | Del. ‘ Eri 177 Ha 5 Un Pacific. ‘THE SALES TO-DAY. The transactions at the Exchange to-day aggregated 128,800 shares, which, among active stocks, were | } distributed as follows:—New York Central and Hud- gon River, 200; Erie, 21,230; Lake Shore, 39,250; Northwestern, 13,300; do. preferred, 1,700; Rock Island, 100; Pacific Mail, 9,200; St. Paul, 2,000; do. preferred, 2,340; Ohios, 2,600; Western Union, 33,865; NEW YORK HERALD, SUNDAY, SEPTEMBER 12, 1875.--QUADRUPLE SHEET. Unton Pacific firsts, 1 per cent lower for St. Paul seve: three-tenths, Union Pacific Land Grants and 74 for Lous- ville and Nashville consolidated of 98, Morrs and Essex firsts sold at 116, the sevens of 18T1 at 108, Lake Shore firsts consolidated at 1033s, New Jersey Central convertibles at 110, Fort Wayne firsts at 113 and Wostern Union Telegraph sevens at 102i. New York Central sixes of 1883 sold at 104%, Chicago and North- western consolidated coupon gold bonds declined to 87%. ‘ ‘The following are the closing quotations for Pacific Railroad bouds:— Union Pacific firsts... Union Pacific land grants. .. Union Pacific sinking funds. Central Pacifics. . eee THE LONDON MARKET. Owing to the close of the London Stock Exchange for repairs we havo no quotations from that city, The Bank of England lost £27,000 on balance to-day. Paris advices quote rentes at 66f 623;c, Exchange on Lon- don 25f. 190, for short sight. BANK SHARES. Bank shares sold at 154 a 155 for America. The latest bids are annexed :—America, 154; Chemical, 1,600; City, 300; Commerce, 121; Corn Exchange, 134; First National, 200; Fourth National, 953;; Fulton, 156; Gold Exchange, 115; Importers and Traders’, 106; Irving, 132; Mechanics’, 142; Mercantile, 108; Mer- chants’, 121%; New York, 132; Ninth National, 85; North America, 10044; Tradesmen’s, 142; Union, 142, STATE BONDS. State bonds were unchanged for Missouri long sixes, 4¢ higher for Tennessee sixes, new series, and 3; higher for Virginia sixes, deferred. PHILADELPHIA STOCKS. The following are the Philadelphia stock quotations at three o’clock this-day :— 108% 2 104 101% a 102% Wi, a 94 108% a 103% Asked. City sixes, old. — City sixes, new. as 100% Camden and Amboy. — Pennsylvania... rekad 50% Philadeiphia and Reading. .. 56% Lehigh Valley......... 62% Catawissa Railroad preferred. a Philadelphia and Erie Railroad. 2034 Northern Central. 30 Ni 5046 MEMORANDA. The Union Pacific Railway Company announces a quarterly dividend of 2 per cent, payable on and after October 1, to holders of stock of record September 15. ‘The New York stockholders will be paid at the office of the Union Trust Company. The transfer books will be closed September 15 and reopened October 6. The pre- vious quarterly dividend was 1 per cent, and the pres- ent dividend raises the rate per annum from 6 to 8 per cent. The New York Central and Hudson River Railroad Company has declared its usual quarterly dividend of 2 per cent, payable on and after October 15. The trans- fer books will be closed September 15 and reopened Oc- tober 20. The suspension of Frederick Schuchardt & Son, bankers and drawers of sterling on London, was an- nounced to-day. The firm has been in business for many years, and we believe was about the oldest on | the street. The house was originally known under tho style of Schuchardt & Gebhardt. but was changed to its bon present style some years since, after the decease of Mr. Gebhardt. The habilities are not large, and the losses, whatever they may be, will fall chiefly on the other side of the Atlantic. NEW YORK STOCK EXCHANGE SALES Saturpar, Sept. 11, 1875. BEFORE CALL—10 A. M. 631 S eet a as 92 bee et 363 ‘BY! > 39 2 a9 er 37%, 200 c Union Pacific, 300, | 37:2 500 : ae The following shows the quotations at the board for 3 4 investment shares :-— | Bulg Asked, 39 Miinois Central............ S| 2 Cleveland and Pittsburg guaranteed 90 2% Dleveland, Columbus, Cin. and Ind pag ee] Pittsburg, F. Wayne and Chicago guar. 100 io | 35) Delaware, Lackawanna and Western... 120 im | ang Chicago and Alton.......... . 9 99% | 300 asi Chicago and Alton preferred. 2 103 per Ss Chicago, Burlington and Quincy...... 112 112% He United RR. and Canal Co......2) 131 tt 1 Morris and Essex........002--s,.+20+ 102% 103 7 46) New York, New Haven and Hartford - 143 1“ 10:15 AND 11:90 A. M Albany and Susquehanna. .. = 108 ‘ fiber tedipe din) Delaware and Hudson Canal, Rig? =" Sane | Meee ae cer we tase, Stace B68, 6167. Ser THE RANK STATEMENT. 2000 US 5-20,¢\'65,n.c 118% 10000 U 8 5° The bank statement shows a decrease in total ro- FIRST BOARD—l0: serve of $2,253,200 (made up of a loss of $832100 | $2000 ¥! eh yay stant specie and $1,421,100 legal tender notes), and a decrease | 2000 ¥ 600 do. $m surplus reserve of $1,957,060, the surplus reserva | 100 M 4 Dow standing at $17,912,125. The following is a com- 2000 © an 500 parison of the averages for the past two weeks:— Pepe So00 ‘000 Mor & 5 Amer E: | 2000 L 8 ist 200 Erie ‘832. | 6000, ei n 400 Dec. 1,421,100 | 3000 Gen Pee 20 Dec. 1,184,600 7000 U Pac ii Dec. ‘363,600 50000 ‘The following shows the relations between the total | 2% reserve and the total liabilities : Sept. 4. ° Sept 11. Differences, | Specie ........$10,210,300 $9,378,200 Dec. toned Legal tenders.. 70,606,300 69,185,200 Dec. 1,421,100 Total reserve. . $80,816,600 $78, Seis cee 6, $78,563,400 Dec. $2,253,200 quired ag’nst deposits 60,947,425 60,651,275 Excess of re- serve above legal require- ments........$19,869,175 $17,912,125 Dee. $1,957,050 THE MONEY MARKET. Money closed at 2 percent on call loans. Disceunt rates are about the same as when last quoted. Foreign exchange was reduced by the bankers to 4.79 a 4.80 for long and 4.83 a 4.84 for demand. There ‘Was very little business done to-day, and the quotations for actual sales were below the asking rates, THY GOLD MARKET, Gold opened at 116%; and closed at 116%, the ex- tremes of the day having been 117% and 116%. The afternoon dealings were principally at 116% a 116%. The rates paid for borrowing wero 3, 3-16, 3-32, 1-16, 3-64, 1-64 and 1-82 per cent per diem. In the afternoon loans were made flat and at i‘; to 3 per cent for carry- ing. » OPERATIONS OF OLD EXCHANGE BANK. Gold balances. Currency balafiees Gross clearances. CLEARING Mov! Currency exchanges. Currency balances. . 255, 87 Gold exchange: bern Gold balances, : 1,070,522 " WEEKLY CLEARING HOUSE STATEMENT. Currency exchanges - $352, 728, 401 Ourrency bulances. see 20,827,141 yes, 26, 860; 610 5,142,665 ‘The following is the report ot specie exported trom | the district of New York for the week ending Septom- ber 11, 1675:— ee 9—Steamer Frisia, London, silver 43,900 tee deeeeeeceeres + 6118,900 | GOVRENMENT HONDS, Government bonds closed firm at the following qno- tations:—United States currency sixes, 123); a 124; fo, do., 1881, registered, 1214 a 121 )4; do. do., do., Poupon, 123% 8 124; do. five-twenties, 1862, registered, 118%; 40, do., do., coupon, 118%; do, do., 1864, regis. tered, 11834 « 118% ; do. do., do., coupon, 118% a 118%; to, do., 1865, registered, 1183 a 119%; do. do., do., coupon, 119 4 119%; do. do., do., new, registered, 118% 8119; do. do, do, do., coupon, 118% « 119%; do, do., 1867, registered, 120% a 121; do, do., do., coupon, | 120% 120% ; do, do., 1868, registered, 120% a 1215 ; do do., do, coupon, 120% a 121%4; do. ten-turties Total. regin- tered, 17 w 117; do. do., coupon, 117% a 118, do, fives, 1881, registered, 117% & 118; do do, coupon, 118 a 118%. Railroad bonds were j¢ higher for Chicago and North. | ‘West frais, 3 for Ohio and Missiasippi seconds, for SESE: 900 do. 200 Pac KK of Mo be 46 20 Reno BE. 1st phbe 105 100 HA Std KK. 23% 56%, 200 Atl & Pae pl i 200 =. 108g WOO AMR eR 19 do, oR BEFORK CALL—12340 P.M 1000 she LS AMSRR 56 100 do. - , 5% O74 iy a 200 do... 100 ChiaN W Rit pt 100 Mila St RE. bd 200 do. luo Un Pac RR... 100 Pac Mail 58 100 Mil dst Rik pf 200 do. 10) Atl & Pae pf. 200 Erie Kit... Ge 1100 do b 4 : do. Mo. do. do. do. rd 5 ahs Fourth N Bk. be 1500 West Un Tel..be 00 GO. 15 U8 Express... 500 Erie Kis........be 1300 do... . 100 Mit aper Kik 100 wo een) 500 100 M an Pith pt Ww i00 Han & 8tJo RR,. luv ¢ TO 8 2, $10000 Un Pac Ist.b10 104 15 Osbe LSAMSREK... 563 oo do 103% Zo Oc DE OB 19000 do. + uaa 100 oe wou Un Pac sink 1. own i. 10900 100 58 ie oe sO do é Shy yoo Un Paci ge... 10g WO do. bd Sig 11000 — do. .. 101 100 Chi aN WRI bd 80%, 4000, NY Con 0'5.88, 10852 SUD GBicevvisees Bg MOO CANWeegb., 87° 200 do, 3 B0hy 2828 FE Ere ee) 33 os ‘assau street, in all parts of the world, | Messrs, DE ROTHSCHILD Also Commercial and Telegraphic Transfers of | Money on California und Europe. T REASONABLE RATES—MONEY ON LIFE AND endowment insurance policies, mortgages and other securities; insurance of all kinds ¢ with best com. | panies. J. J. HABRICH & O., 117 Broadway. (A WSTOCK PRIVILEGHS, Fall Season, 1875, $25 to $1,000 invested will probably pay, during the next ‘30 days, from 100 to 500 per cent profit. Daring the same | time last year privileges paid from 500to 1,000 per cent profit, and the:year before from $1,000 to $2,500 was made on $100 invested. Our Weekly Report, sent free, gives full particu lars and prices of all the stocks dealt in at the New York Stock Exchange, Blocks bomght 0 9 mT PRORIING HAM & CO., Bankers, 12 Wall street, New York. T THE LOWEST RATES IN TWO YEARS.—STOCK PRIVILEGES negotiated by ns ket, on best parties, and guaranteed by ourselves. This sys- tem of operating in puts and safest form of stock speculatin, we the lowest in the mar- Is is now recognized as the We issue a pamphlet free, explaining the various modes of operating, also showing how large sums are realized from moderate nisks. All persons | having any interest in making moncy should send for a copy, | Any information relating to stocks cheerfully furnished, and how the fluctuations of the market may be’ best taken nd- vantage of. Address, for particulars, TUMBRIDGE & CO., Bankers and Brokers, No, 2 Wall street, New York. A OHN HICKLING |€ co., . Brokers, 72 Broadway, New York, buy Stoeks and Gold on moderate margin, Stock Privileges on responsible parties or members of the Siock Exehan; low rates, No liability beyond frst outlay. Sprends, $212, 50; Straddies, $900, 100 shares. Our 72 page hook, "Men | and Talons of Wall Street,” and a copy of the Wall’ street view SE Sent free to any address. i¢ JOHN HICKLING & CO., 72 Broadway, New York. RARE INVESTMENT. PER ACRE FOR A tract of bituminous coal Land in Clinton county, Pa., | ear railroad; t ‘eins open on the land: plenty of wood; i will pay to investigate. H. BANKERS AND | SMALL SECOND MORTGAGE FOR SALE AT A sacrifice—On a house and four lots in Brooklyn. 58 Liberty street, room 1134. LL PERSONS NOT DESIRING TO SURRENDER ‘their Life Insurance by absolute sale may bor- Tow the cash surrender value at 33 Pine stre 8. SHELDRAKE & CO. | MR ASDC a RBS | LARGE AMOUNT OF MONEY TO LOAN ON BOND © | and mortgage, in sums to cult, for five years, without | a8. MONAGHAN '& CO., 14 Park piace. Bi spades erie RAILROAD BONDS: bought and sold by the old established Stock and Bond House of ALBERT H. NICOLAY & CO., io. 43 Pine street, New York. T REASONABLE RATES—MONEY ON LIFE AND Endowment Insurance Policies, Mort s and other securities; Insurance of all kinds effected with best com- panies. J.J. HABRICH & CO., 117 Broadway. (A. YADY. HAVING AN ELEGANTLY FURNISHED House, near Fifth avenue, Gilsey Honse, Grand Hotel, | &c., would rent Parlors and other Rooms to gentlemen, who ‘ance money for present use; parlors could be used club, Address HORTENSE, box 4,952 Postjofice, | it | is up to the standard. Address office, OPPORTUNITIES, G PARTNER WILL SELL INTEREST IN ished and prosperous business, for #3,500, ox 207 Herald office, WOROPOLy 5m URED BY Swo UNRe grates stents, profits over’, 00 per cent, Tools, &c., for orexehange for, Real 2 Call on or address EX- _.. BUSINESS OPPORTUNITIES. _ NTED—TO ENLARGE FACTORY AND $3.000 Mulla macht 0 produce an article of ry to. prod woodenware, now turni ‘of factory. in Obie 100000 per day of suid article, with a profit of 100 per cent; demand un- limited ; will fully 'seeure party.on machinery now in use and give one-third interest or pay handsome salary for active no curiosity seekers need answer. Address OHIO, oftice. Wor! Herald DVERTISER WILL INVEST (WITH HIS SERVICES) from $3,000 to $7,000 in some legitimate business: must bear investigation. Address CONFIDENCE, box 100 Heral Uptown Branch office, \—TO EXTEND "ESTABLISHED PUBLISH, ing enterprise ; Investigation will couving without one cent risk. Address MASON $3.00 vedy fortune, id office. AX INVENTOR, WHO 18 ABOUT TO BUILD AND patent a machine for making Paper Stock from spruce limber would give one-half interest to a party who would furnish the necessary expenses, Address ¥., box 109 Herald office. GENTS’ ADDRESSE: ters, 1875; a first thousand, Address ARGY PHYSICIAN CAN SEC POR SALE—ORIGINAL LET- JAss lot to nend circulars to: $7 50 per LE, box 210 Herald office URE A HOME AND GOOD city practice in California; mast have sponsibility. Address, with correct name, PACIFIC, x 180 Herail office. Anrep THORE | SEEKING | BUSINESS—HUNT (& + Haynes “Monthly Register,” gratis or mailed for ‘stamp ; registration free ; business transfers, partnerships, &c., uexotiated expeditiously ; no charge wy clude iT & Financial and Business Brokers, 187 A —EXCEPTIONAL OPPORTUNITY—OL. TAB. + lished Business for at a sacrifice ; | ie of best class: proprietor unable to attend to it; only small amount of cash required; felio 724, HUNT & HAYNES, as above. PARTNER WANTED—IN THE AUCTION BUSI- lished. Address W. W. W., Horald office, ness, with acapital, to act as cashier; aiready estab- FIRST CLASS PRIVATE MILLINERY BU NESS: hess, can find a bars a Herald Uptown Branch office. PARTNER WANTED—WITH $10,000, TO ENGAGE in « wholesale business now paying $200 per week (guaranteed); partner to have control of financial affairs; established ten years. Any one with the above amount can call and examine, and if not satisfactory need not try it, Address LIVE MAN, Herald offies. NSYEAR ESTABLISHED JEWELRY BUSINESS— Stock, Sxtures and long lease ; first clays trade ; location unexceptionable; sold to close an estate, Only principals need apply to F, i, WOOD, 219 and 221 West Nineteenth st. YOUNG LADY, HAVING BUSINESS EXPERIENCE and good reteren 1 invest a few hundred dol- an interest or position that tive, Address BUSINESS would be pleasant and renni LADY, Herald office. A LADY, ABOUT TAKING A FIRS ing house in Philadelphia, near ASS BOARD. 1 grounds, is nit | desirous of having a lady join her who has either furniture or a moderate sum of moiey; references exchanged, Address J. W. HL, Herald office. GENTS’ ORIGINAL LETTERS WANTED.—PARTIES advertising for agents desirous of disposing of their Cirenlars. letters, will find a purchaser by addressing HARD- WARE, box 176 Herald office. LADY, ABOUT STARTING A PAYING BUSINESS, wishes to mect a gentleman who would joan her a small Amount or become a partner. Address MAUD, No, 54 East Twelfth street, LADY WISHES A PARTNER, WITH SMALL CAPI- tal, in first class dresk and cloak making, central lo- cation ; or finely furnished Rooms to let for single gentlemen, Address PARTNER, Herald Uptown Branch office. PARTNER WANTED—WITH $2,500 CASH, IN A well established coal yard, one from Broadway. Apply to GEORGE D. HANKINS, 28 West Twenty-ninth OOKKEEPER WANTED (A_ YOUNG MAN PRE- ferred)—One who ean invest $10,000 after he is con- vineed that it will pay. Address L. RINGGOLD, Herald Uptown Branch office. TO PUR. NOMME RAVELLERS WISHING chase and handle another line of light, salable liberal rofits, all cash, no risk, no peddling) address RIER, 599 Broadway. {OR SALE, EXCHANGE, OR WILL TAKE PARTNER in a large manufacturing business; goods sold to jobbers ‘asfast as made. Inquire of JAQUES, office 70 Astor Honse 2 & OR SALE CHEAP—A_ PROFITABLE LIGHT Office Business, suitable for lady or gentleman. For | full particulars call on H. PATTBERG, 746 Broadway. HAVE ONE the city; will seli half inter OF THE BEST CORNER STORES IN cheap to alive man that TEA & COFFEE, Herald WILL GIVE A GOOD INTEREST IN MY OLD “ES- tablished and staple cash business for $10,000 or $20,000 worth ofeimproved elty or nearby real ¢ Address W., box 142 Herald office. | at auction. Mortgages cashed: Stocks, Bonds and Heal Estate sold V. K. STEVENSON, Jr., 11 Pine street. RESPONSIBLE PARTY IN FLORIDA WISHES ‘some parties to advance them some money, for | which excellent ill be given in return. Address M., Herald Brooklyn Braneh office. ry large diseount. for Only principals, meaning business, need confidence, 0. X., Herald office. ALWAYS HAVE MONEY TO LOAN ON GOOD NEW | L York city Mortgages without bonus. Principals desiring | to BORROW OR NEEST to. |. L. GRANT, 145 Broadway. | JOHN 8. PIERCE, NO. 5 PINE STREET, LOANS money, without bonus, on approved real estate in New York, Brooklyn nnd Westchester county; also purchases ages at lowest rates. ONEY TO LOAN—ON NEW YORK, BROOKLYN and Country Property ; Bond and Mortxinge bought and told. CHARLES D, STEVENS, 97 Pine street, New York. | MORTGAGE; | \fONEY TO LOAN—ON BOND AN! York, Brooklyn, Westchester county, New Jersey. Cedar street. | 2 & = 3 # z g -f 3? 3 Mor New 5 EDMUND COFFIN, ONEY TO LOAN—IN SUMS OF $1,000 TO $100,000, ‘on New York and Brooklyn Real Estate; no bonus. RUFUS R. BELKNAP, No. 9 Pine street, New York. ONEY TO LOAN ON BOND AND MORTGAGE; first and seeond mortgages cashed at short notice. HINE & GRAY, 957 Sixth avenne. ‘ONEY TO LOAN—ON FIRST MORTGAGES, WITH- out bonus; on second and leasehold mortgages at = | terms. GEO. W. STAKE, 150 Broadway, room | (OFFICE oF THE | Consolidation Coal Company, of Maryland, No, 71 Broadway, room 44. 44 n machiniget tes Diceslora of als Ooepeay: halk to ta tl ‘this Company, r 4 the following resolutions were unanimously. ‘dope Resolved, at the regular days of paying divide here- | ‘the 15th of September and March of each after, shall be on os ar. Resolved, That in accordance with the above resolution a dividend of two and a half (234) per cent be declared on the capital stock, payable on th inst., and that the trans- fer, books ‘be ‘closed on Saturday, the 11th inst, at two — sa H. C. HICKS, Secretary, ARTIEG OWNING FIRST, MORTGAGES OX | 1M- vet ity ty, an siring to realize on same: pleas address CASH, box 5,743 Font offic \D—ON IMPROVED CITY PROPERTY, ONE sum of $5,000 and another of $15,000. Address ALEXANDER, box 160 Herald Uptown Branch office, 1,265 Broadway. ‘E HAVE A LARGE AMOUNT OF TRUST FUNDS to loan on Bond and Mort, in sums to suit, for long terms, SHIPMAN & MERSEKEAU, 52 William street (Union Buildings). ANTED—IMMEDIATELY, THE LOAN OF FROM $5,000 to $8,000, for which s good premium will be aid and treble unquestionable security 05g © Hen on Unleed Ristes government) given. Address 0. P R., Herald office, ‘ANTED—A LOAN OF $90,000, ON IMPROVED pl iew York, Gapeone ; rented for | $14,000 pe: ‘Address THOMPSON, box 114 Herald | Uptown Branch office. i WANTED IMMEDIATELY—ON SECOND > $60 mortgage, for six months or one year, on valua- bie Loug Island property. Address MORTGAGE, box 102 Herald office. $18.000 without bonus, TO LOAN IN ONE SUM, ON A FIRST class brown stone Hons ANTON, 55 Liberty stre 10 and 11. O00 rkAXTHDRFIRST MORTGAGE, | OX 5 Tarrytown property, worth more than double the amount, and in beautiful order; liberal counsel fee will be paid if closed up immediately. Address SEUURITY, Herald office. 5 TO $25,000 TRUST FUNDS TO LOAN $20.00: for a term on first class improved New ‘ork city property, or # first. mort) Purchased. Prinol- als only need apply, confidentially and by letter, to D. W. EE, 2 Went Twenty-Grst street. TO LOAN ON BOND AND MORT- yw York or Brookiyn, in sums BROWN & GOODWIN, 65 Liberty fice: $200.00 to suit; mo bonus. street, room 8, 2 to 4, I SSOLUTION OF z of Tarbell & Whittlesey bax this day been dissolved by mutnal consent, The business will hereafter be carried on by W, Whittlesey, who will sign ail, bills in liquidation of the late firm. KBELL. Hime 0. W. WHUTTLESEY, Surtesn 7, 1875. | Jeweller, box 111 Herald Uptown Bran. EWELLERS—THE ADVERTISER HAS AN OLD ES- J tablished stand; wishes to ob:ain a party to put in stock ; very favorable terms to young man wishing to enter business; advertiser will defray all expensos. Address A., Mate. FACTURERS OF SHIRT FRONTS FOR WHOLE. sale hduses can hear of considerable business in the| ine, Address BROADWAY, box 126 Herald office. ARTNERS WANTED—WITH FROM $2,000 TO $30,000 in cash, in safe, profitable and pleasant established businesses that are unequal [SAAS . BIGGS, No. 5 Dey street, ARTNER WANTED—BY A MEMBER OF THE NEW York Stock Exchange, with capital of $25,000, either as special or general, for a commission business: host refer ence given and required. Address, for three days, WIL- LIAMSON, box 13 jer office. ‘PARTNER WANTED—WITH $5,000 OR $10,000, IN AN | ‘old established, staple cash business; capital will be se- cured ifrequired. Address HENRY, box 167 Herald office. ARTNER WANTED—WITH $2,000 IN A MANUFAC- iness; can double capital per annum; young in preferred; reference required and given. Address, real name, GEORGE, box 200 Herald office, PARTNER WANTED-IN AN OLD ESTABLISHED sign painting shop down town ; one of the best stands in the city: Mberal arrangements with the right party. or address FRANK KAVANAGH F E for music, the most pe in construction and will sell at retail very ch dlestick; Self-Lighting Oil Lamp; Self-Ch use; Acidometer, for testing a Cheek; Tipper and Cover Lifter; Beer Can; water. Also several good Toys and investments for larger — Address J. W. HUGHES, 51 Liberty street, New ‘ork. Line, for is; Hotel ‘Key imp Filter for ARTIES WITH MODERATE CAPITAL, DESIRING profitable business, will further their interests by callin and examining the latest and most useful goods yet offere sell at sight. RHIND & CO., 40 Cortlandt street. ARE OPPORTUNITY FOR A YOUNG LAWYER TO associate with a well known patent attorney engaged in patent infringement suits. Address 'ATENTS, Post office HE RIGHT KIND OF A MAN WANTED TO ‘a few thousand dollars in a valuable Patent. J. 1, M., Herald office. HE LEASE AND GOOD WILL Restauri Advertisment Of 1B PROPRIETOR OF STEWART'S ( at Mount Airy, Philadelphia, Pa., desires an engage: ment as manager of a hotel, or would lease a furnished Prop- ty suitable for the business; has n first class cook and p fons members of his family to fill all important positions Hberal terms made with responsible parties. Call or address las above. 10 LET—AN OLD ESTABLISHED PHOTOGRAPH . _(iallery, 248 Grand street, near Bowery. Inquire up stairs. HE ADVERTISER WOULD INVEST $3,000 IN A manufacturing business, already established, or would purchase the whole or part of a profitable office business, Address HOMO, box 132 Herald Uptown Branch office. VALvaBLE ENTION, JUST PATENTED; economy in materini; Iabor of a day performed in less than an hour; invaluable to dressmakers and every lady, For part address RIBBONS, box 1,830 Post office, ALUABLE REAL ESTATE AND OTHER ASSETS furnished to pay debts; stocks of goods of all kinds ought for real estate and some ensh. Address CONFI- DENCE, Herald office. ANTED—$5.000 SPECIAL IN A DOMESTIC MAN facturing business for some years in successful ope: tons the highest references given. Address F. A. M., Herald office. OF A LADIES’ Uptown ‘ty-fourth st ANTED—A PARTY TO I VEST $10,000 IN RAISING fenits and vegetables at Port Royal, 8, C.; advertiser has an equal amount invested in land and build ge: quality of soil and location unsurpassed; good opportunity en tleman withing to secure pleasant winter residence place now produces apples, pears, plums, figs, oran satisfactory references given and required, Address 185 Chambers street, New York city. ANTED—AN ENERGETIC MAN TO CONTROL ait the i grocery line; of daily consumption in eve monse profita; any active, intelligent m tal, may make $6,000 per annum; an_ hor cash busi ‘Address, enclosing stamp BLOSSOM, 62 Montgomery street, Jersey ¢ nswer, R. 8. ANTED—A PARTY WATH $5,000 IN A LEGITIMATE commission aud shipping business with the West Indies aud South Amcrica. "Address J. M., box 2,026 Post office. ANTED—A PARTNER WITH $1,000 OR MORE, BY a flower and fe: ufacturer, or the business for Address R. J. 4 sale. YORK, SEPT. retofore existing i . at No, #30 Third y isso thorited to city, has been t Feeney is alone of the firm. ttle all accounts ERNAKD FEENEY. PATRICK MA N ESTABLISHED LIFE doing ® good business, will sell one Young snd euterprising gentleman; about $10, Tequired. Address, with real name, hox 444 Post offi YOUNG MAN—22, SUPERIOR BOOKKEEPER, would invest $10,000, provided business was satisfac: six months at moderato box 175 Herald office, Z tory, after having been employed lary. Addrene t EVER, salary. Address BOOKK S OFFE TO A 1s business and who can lars a services in lished wholesale manufacturing Clothing BUSINESS, Herald office, nh extab: business. Address AKING BUSINESS—A NEW DISCOVERY staple article ; little eapital required ; waverciser will sell. Address, for ® personal interview, CHEMIST, Herald offic RESPECTABLE YOUNG MAN WILL BE AU. ed ux Partner ina wellestablished brokerage and jon Busi Feiiuble and willing to de- | ttentio only $000 cash necessary, ULNUIN ADDITIONAL CAPITAL PROCURED FOR MER + chants, manufacturers and oshers; Mining Interests, | Be. negotiated; Keni Estate exchanged for Business; per: | knd with capital seoking business advised (without charge) | nH. ©. Williams & Feet; Louderback, Gilbert & © re street, Ac. GRIGUS & CARLETON, ss Brokers, US Broadway. PARTNER—A GOOD MIDWIFE (CATH. dd), must have some means. Apply im- West Forty. first street. FE REQUIRE BUSIN locate) in the different cities to rey in # manufactured article (a specialty) ; hundred dollars can have a |, sagen and by calling on DE PALOS & CO., room 18 New York cit; tlio i eh WANTED. A PARTN. TTil PROM $3,000 TO $5,000 in cash, to be wet in Geneon» J ‘® business ig septninssd ‘and paying large profits; no particulars except at interview. Address ees BaP Pont office, 4 « TO INVEST, WITH SERVICES, $300 safe business or deposit with employ’ ESS MEN LOCATED (OR WILL pleasant business Tribune Building, IN SOME Address, wit full particulars only, AOCOUNTANT, box 177, Horald office. IP TAKEN IMMEDIATELY.—§000 WILL 8 curo half interest in an easy, elegant bu Parties with cash call » 48 Went Twenty-sixth treet, & TO $1,500.—ONE-THIRD INTEREST TO ¥ 1.¢ an active man in an establisned business Address BUSI- (rpecialty).. This ie @ rare opportunit, NESS, hox Pe MIDDLE-AC in: jt en ous, with @ relia cod address M. F INVEST WITH SERVICE IN SOME eatabiished business, or would loun it to Address 1). DUSON, Herald Hshed cust bu Only principal $1000. 2. euployer on good security, fi 1.500 WASTEDT0 EXTEND (A MANUPA Pl. tory of profitable staple goods, sold for cas! orders exceed the present production; liberal terms to Table parties, ‘Address W. Lt, CHASE, Newark N-dy wanting & pleasant, profitable busi- n by addressing MILLINER, box 180 | west | LEAF-TURNER | ct ever invented; it is simple | Pi Pocket Can- | jn VEST. ‘Addrest” er R —A GENTLEMAN ALONE IN A WELL $5.000. established manufacturing business in fancy Iry goods, in coustant demand by the wholesale trade and largely ‘on order. wants capital Xo ‘ineroaae stock ‘and an active office parinar. Indus & CARLETON, active flee. partner. . Apply to GmtiUGs & CA $5 OOO “WANTED. A PARTNER WITH THIS e). ‘+ amount, to establish a manufactory of very ofitable specialtion connected ing. Address H. 1. H., —A_ FIRST CLASS BUSINESS OPPOR- $10,000 coir teretate euanenes, CEPOR Aiucunt to invest ina cash business which will return large profits; this amount will secure one-half of the net profits. Address ©. F. M., box 3,041 Post office. PARTNER WAN’ $10,000, capital inan oia'e manufacturing business. Advertiser it several valuable patents of an article used daily in | | quantities over the country, with increasing dem: ge locality, with steam power (if possible) would be es to enlarge busin with lith and print- box 200 Herald offices sidered part capital, Advertiser wi and reduce manufacturing expenses, through newly in- Vented process, so as to control market. Address K. M., box 143 Herald office. O10 0) A PARTY CONTROLLING — THIS $10.000. ‘amount can haye one-half interest in safe und Inerative manufncturing, business: supersedes al competition. Address JAMES WHITE, Herald office, —WANTED, A PARTY WITH ABOUT 5 O00. iis Mout ¢o tnke an ineeront. in an tron cretal rer at & lary, Address COLONEL, box 2,50 t OY WANTED—TO BUY AND ADVERTISE $25.00 ail the lending medical profession. Address L. ¥. office. +2 + WALL STREET NOTES. Herald THE FAILURE OF SCHUCHARDT & CO.—A SHUD- DER IN THE STOCK MARKET—A STRUGGLE FOR TELEGRAPH SUPREMACY—WHAT IS SAID ABOUT ERIE AND THE BANK REDEMPTION ACT—THE FOLLY OF INFLATION DEMONSTRATED. Early yesterday morning the Stock Exchange ex- perienced one of those paroxysins for which it is famous. | This was caused by the announcement of the failure of Messrs. Frederick Schuchardt & Co., of Exchange place, bankers and drawers of serling bills of exchange. | ‘The herd of speculators, following the lead of prominent | operators—who acted as battering rams on the market— sold stocks right and left, and created a panic in petto for a bad quarter of an hour, The fluctuations will be | | | of the eager throng, | additional failure was disseminated stocks were back again to the closing figures of Friday evening. FACTS AS TO THE FAILURE were not easily obtainable, but an application at the office of the firm was not without results. It appears H that the organization of the firm indicated dates back to 1865, although, under various forms, it has been in exist- ence nearly fifty years. Of late it has been suffering large allowances to Western railway projects made | ment since then of its business will render its obliga- tions comparatively small. Jt was stated that its in- debtedness would be slight, trom the fact that its understood, results from their advancing—for a con- sideration—their bills on collaterals which have since proved unmarketable. No statement is yet ready for the creditors, nor will any be made until next week, | but it 18 asserted the assets are abundantly ample to | pay a handsome dividend on liabilities, if not to hqui- date in full, The creditors of the firm ate principally in Europe, “furry? in the stock market was without reason. THE ERIK PUZZLE. The latest in Erie matters, drawn from authentic | sources, is about as follows:—Vanderbilt and his party sold ont their stock on Thursday; Gould and the Erie insiders bought shares yesterday and to-day.” A director gave the following, verbatim, to the Heratp representative as the provable course of aflairs:—"‘Sir Edward Watkin will arrive in London in about one week, The Baronet announced to the Erie directors | | that he came here ‘to build up and not pull | down.’ He will propose to the English bondholders to reconstruct the company, they agreeing, as a basis | of price for the bonds of English investors, their actual | cash payments for the samo—say from thirty to sixty | cents on the dollar. If thiscan be arranged a plan of organization is already on oot to place the company ont | of all danger of foreclosure. Already funds have been guaranteed to the receiver to place the labor of the | company on a cash basis, to discharge all expensive or unnecessary hands and ‘to enforce a rigid economy in all the departments. This is of itself an immense sav- | ing. When the report of Sir Edward Watkin is made all these facts will be elaborated and the true condition | of Erie be better understood in this country.” THE TELEGRAM STRUGGLE still shows no sign of abatement. A Western Union official, upon being questioned yesterday in regard to the lowering of the rates of the Anglo-American cable line, said:—"‘We can send messages at one shilling a word and make money. Our business runs in grooves, and we have the advantage of old customers. We shall starve the direct cable out, as we did the Atlantic and Pacific Telegraph Company when they put down rates; they were fairly forced to cry peccavi! Besides, our | earnings for the last quarter, enormous as they are shown to be, are small compared with what they will be during the next three months, when Congress will com- mence its session and the politicians of the country | commence to use the wires.’” THE DIRECT CABLE COMPANY, whose office is at No. 16 Broad street, visited, and an interview with Mr. Obpbant, the manager, disclosed the serious nature of the opposition to the monopoly. A message Was shown to the writer, received from Lon- don, which Was an answer to one’ sent only one and one-half minutes before; and although the answer only contained one word this feat of modern cuble telegraphy deserves to be recorded. | THE BANK REDEMPTION ACT seems to occasion much comment and some of a most unfavorable character. It appears that the new Treas- | urer of the United States has sent the following circular to bank officers :— ‘TREASURY OF THE UniTep States, National Baxk RepeMPTION AGENCY, Wasisetos, Sept. 6, 1875, Sim—You are respectfuily informed that the follow- ing assesstnent has been made upon your bank for the notes during the fiscal year ending June 30, 1875, under section ¥ of the act approved June 29, 1874:— Express charges on $— of the notes of your bank redeemed at 67 6-10 cents per $1,000... Expenses of assorting notes at $11 37 per 1,000 notes ¥ Total... — The above amount has this day béfn charged to your bank in its five per cent account, in compliance with the said act. I will thank you to reimburse me therefor in connec- | tion with the necompanying call and im the manner | therein specitied. You are respectfully referred to the accompanying ' copy of memoranduin No. 31 for an explanation of the | various expense items and of the mode | assessing the same, Very respectiully, JOHN C, NEW, Treasurer United States and Redemption Agent. Casater the —— National — Bank, New York. Section 3 of fhe act’ is as iollows:-—‘That every association organized or to be organized under the pro- visions of said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of | - | the United States, a sum equal to five per cent of its | cireulation, to be held and used for the redemption | of such circulation, which sum shall be counted as | part of its lawful reserve, as provided in section 2 of this act,” &e, Tt seems by this that the five per cent deposited with the Treasurer should remain as a guarantee fund and be counted as part of the reserve, Any other disposition is aclear violation of law, and no intention is apparent osts of assorting or express charges. If the assess- ment 16 insisted upon the banks will probably pay it under protest, and the whole aflair will be relegated to Congress for a decision. THE GOLD QUESTION is still uppermost in the minds of all honest merchants, and the heresies which are paralyzing trade and ran ning the country into « slough of despond are bear cial writers and statesmen as G running counter to the fallac 4 deserve recognition. An evening paper (republican) does full justice to the unpartisan statesmanship so rare in our country, and we, therefore, quote from the author as follows:— “The present time is the most opportune we have had since inflation began for making vigorous preparations for specie payments, The premium on gold has been reduced by commercial causes, apart from legislation, from 18534 to twelve or seventeen per cent, thus indi. cating that the remaining steps to gold at a par rate with notes can gradually be safely retraced, by no ox. | traordinary amount of statesmanship, provided it is sincere and persevering. Since the war began | the circulating medium has inereased three times ax | fast as the population. In New York the accumulation | of money and the low rate at which it may be had are | unprecedented ; but few borrowers whom the capitalists will trust are to be found, Low as the rate of interest throughout the world has | been, money was for eneral Ward, who are «of their own party, ne several months cheaper in New York than in the great | cosmopolitan market of London, the dificulty of our capitalists having hgen to tind profitable employment for their currency a home, A similar. state of affairs prevails, though in a minor degree, at Chicago, Cmein- nati and the other great financial centres ot the Union, Even the bill passed June 20, 1874, with the mtention of mereasing the currency, has proved, as clearly as thé thermomoter sh ws temperature, that more is not needed and that thore is a redundancy above the wants of the peopla ’? a Proprietary Medicine; testimonials from | found recorded elsewhere. Some public benefactor, | however, was at hand to take the speculative ventures | and ere the rumor of an . from blows received during the panic of 1873, when its — | severe drains upon its credit and resources. The curtail- | outstanding bills of exchange an ‘Europe | are accepted by good parties. ne of the causes of their embarrassment indeed, it is so that it is not to be questioned that the | expenses of redeeming and assorting its circulating | 6 | | fruit in the adviance of the gold premium, Such finan: | RAPID TRANSIT. Three Million Dollars To Be Raised by the i Horse Car Companies to Defeat It. LOOK OUT FOR THE PEOPLE'S ENEMIES, If the people are not to be cheated out of the great blessings of rapid transit it ishigh timo that they should awaken to a sense of the determined opposition that will be made against it by the horse car companies. It has been hinted for some time in certain well in- formed circles that these worthy gentiemen were very active in trying to devise effective means by which the accomplishment of rapid transit could be defeated. Yesterday the writer was informed on reliable author- ity that almost daily conferences between the presi- dents and other officers have been held during the past week in a certain office down town, and that a large fund has been established, on which they will be able to draw in their war upon the people’s best interests, When it is remembered that for years it was a matter of notoriety that the horse car companies had ample | funds at Albany, by which they succeeded in defeating | rapid transit from session to session, this information will seem reliable enough. The gentleman who gave if said that the street car companies would be willing TO SPEND THREX MILLION DOLLARS if they could thereby defeat rapid transit, and quoted | the president of acompany as authority for the state ment that a fund of that amount is to be raised for the purpose. Considering that Mr. Hart is said to have declared the Third avenuo line alone would be willing to expend $4,000,000, the statement does certainly not seem an exaggerated one, But even if it be exaggerated, even if the amount raised be much smaller, it is bat right that the people should know of these underhanded efforts to defeat their will. The president above alluded to said that the surface companies were not opposed ta rapid transit. Oh, no! They were only opposed to lo- cating a road on one of ‘their’? avenues. ‘We'll give you rapid transit,” this gentleman said to an engineer who protested against such opposition; “we'll build | the road ourselves, if you only give us tho route.’ | And what route does the reader suppose he proposed? _ | Ffth avenue! The very avenue in which it would be utterly impossible to build it. LEGAL DIFFICULTIES. What the tactics of these enemies of the people will | be, it is, as yet, impossible to say. They shroud them- selves in an almost impenetrable pall of secrecy. But the fruits of their daily conferences will, no doubt, soon transpire. It is difficult to see what legal foothold the horse car companies have for their opposition. Well informed lawyers and real estate owners agree with Com- modore Garrison in his opinion that not even the con- sent of the property owners on the Third avenue is re- | quired, The probability is, however, that the New York | Elevated Company will, to avoid any future legal ques- | tion, go straight before the Supreme Court and ask for | the by aarp 2 of the commission which is to decide whether the objection of the property owners should rightfully be sustained or not. Ot the action of these com- | missioners nobody entertains any fear, a8 the preseni | judges of the Supreme Court’ of this dis- trict enjoy the respect of the people. Im the good old Ring days it would ha been different, and it would probably not even take | $3,000,000 to obtain an injunction stopping the work. | But it is different now. In this connection it may alsa be well to remark that only a Justice of the Supren | Court can issue an injunction of this kind, so that the rapid transit companies will not be annoyed by any preliminary skirmishes in the smaller courts, THE QUESTION OF EXPENSE. It was stated in yesterday's Hexanp that the Now York Company desire to submit their plans and spectf- cations on Tuesday to the Commissioners, What these will be cannot be told as yet. There are some impo: | tant questions at issue between the company and some | of the Commissioners, notably affecting the point of | expense. The company are desirous of building goo and safe roads, but wait todo it as cheaply as thoy | can, in order to enlist the hearty co-operation of capi tal. Some of the Commissioners, on the other hand, think the question of expense ‘is of comparatively slight account, and while the company would scarcely like to build a structure requiring an outlay of more than $350,000 or $400,000 per mile (including oquip- ment), they are in favor of one that would involve expenditure of from $450,000 to $500,000, That these differences of opinion will be reconciled to the satisfac- tion of both parties cannot be doubted for a moment. | LIGHT ROLLING STOCK DESIRABLE. | One question on which this difference has arison te that of the weight of the rolling stock, At present the engines of the New York Company weigh four and a half tons and their cars five tons each. The company contend that this size is suificient, but some of the Com- missioners favor engines of eight tons weight and cat in proportion. This would require a corresponding crease of the strength of the structure and involve a Jarge outlay, while the company, claim no adequate benefits would be reaped, The present engines cag draw three or four cars, and longer trains are not do- sirable, as they interiere with frequent and short stoppages. Besides there is a greater chance for the | Use of “shoddy”? material in the construction of heay engines and cars than in that of light ones, whee always require the very best material in the market, Without sacrificing uny of the elements of safety of strength the Commissioners will, no doubt, yield to the company on this question of expense, so far as itisdo their power to do so, a8 capitalists seem to be deter- mined : withdraw at once if the structure is needlessly expel THREK OR YOUR TRACKS NECESSARY. ‘There will probably be four stations in every mile on the Third avenue elevated road, and the probabitity ts that trains will be ran every minute. The company de- sire three or four tracks on this avenue, but whether the Commissioners will grant more than two tracks ap- pears somewhat doubttul. The company think that twa tracks wouldn’t accommodate the immense traflic, and that at least one extra track would be necessary for th express trains. What this traflic will be ina few years few can foresee. Already the slow and uncomfort- able Third avenue horse cars (which everybody who can avoids) carry 30,000,000 passengers a year—one-titth of ali the passengers carried by the street cars of New York city. Tue elevated railway will swell this namber enormously, and in a very few years the traffic on the Third avenue (including the eievated and the surfa road) will no doubt be 50,000,000. This is the opinion of men who have give years of earnest study to the subject. The Elevated Company would satisfied with a dividend of ten per cent, but | this isa very low figure indeed, and experts say ‘that | an elevated road on the Third avenue, built for $350,000 | or $400,000 per mile, including equipment, would ver- tainly, with good management and, more especially, low fares, pay not less than fifteen or twenty per cent on the capital invested. | THE GREENWICH STREET EXTENSION, The extension of the Greenwich street road, on the Ninth avenue, is making steady progress. The founda- tions have now been put in to near Fiftieth street, and the superstructure will be set up next week. A lar; | number of workmen are employed on this work, which, | however, 18 done exclusively by contract. The open- | ing of the road to Forty-second street is looked forward | to with great cagerness by the residents of | the upper portion of the west side, many of whom are already contemplatin, with do |\light the prospect of being able to reach the Battery from Forty-s-cond street after the Ist of October in twenty minutes. The running of trains to the Park from the 1st of November will also be a great boon to | the residents near the Park as well as to visitors from | the lower part of the city. | Negotiations are now being carried forward between ij i the Washington Heights Association, Mr. Haven, Prost dent, and the West Side Association, W, 'T. Blodgett, Yresident, and the New York Company, with a view ta | co-operate with the latter in pushing the road up | quickly to Kingsbridge. A joint committee of the twa associations is to be appointed next week to confer with | the company in regard to the financial aid which they deem desirable. ‘These associations contain many wealthy men owning property which is now of com- | paratively littie value, and would be most valuable if they had rapid transit to Kingsbridge, A NEW OCEAN STEAMER. The new steamship San Francisco, of the Pacifie Mail Steamship Company, returned from its trial trip | yesterday morning at ten o'clock, having been away since eleven o'clock on Thursday morning. Her spood averaged about thirteen knots an hour, but at times she made sixteen, Friday afternoon they had very heavy wind and sea, during which she behaved very well, In | the night they anchored off Sandy Hook, and camo up the Bay yesterday morning. The trip was along the coast in an easterly direction, The officers of the com: | pany expect that the new vessel will be ready for sailing | by next Saturday, Captain Waddell, who has beon | chosen for the San Fraccisco, has been a long time in | the service of the company, This steamer was launched | Jast April at Chester. She is built after the usual modet | adopted for the company's steamers, having three | decks, with an additional hurricane ‘and vrlop deck, Her length is 363 feet, breadth of beam 40 fect, and depth of hgid to the top of the spar deck 28 feet 10 inches, THE STATE LINE OF STEAMSHIPS, The paragraph in yesterday's Heranp, from the | London Keho of Friday, referring to the State Lino | Steamship Company, is stated by Messrs, Austin | Baldwin & Co., of No, 72 Broadway, the local agents of | the Jine, to convey an erroneous impression of the | probable withdrawal of the line, The steamship State of Pennsylvania, due here next Tuesday, will, they as. wert, recvive freight and passengers as usual, and. sail on her regular day. the 22d inst. They further think | that, though a complete rcorgan zation of the company, which has been pending for some six months, 18 now soon to be effected, there will be no chango in tha re,ular sailing of the steamships of the lino oF ia way businos of this company,

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