The New York Herald Newspaper, December 3, 1875, Page 9

| | | FINANCIAL AND COMMERCIAL Ste ‘The Stock Market a Trifle Firmer, with a Comparatively Dull Business. GOLD OPENED AND CLOSED AT Lt 7-8, 1 Rag Currency 87.04—Money on Call Easy at 4 and 5 Per Cent—Activity in Railroad Bonds—Government Securities Strong. Wate Sreerr, Taursvar, Deo. 2—6 P. ‘The great pachas of the stock market did not appear ‘pon the scene at all to-day, and were probably resting quietly in their seraglios, engaged in plaiting their three tails, after the Oriental fashion, The dancing dervishes ef the board room had the matter all to themselves, and whenever they could spin an eight out of a stock they fiid so and then twirled into contented obscurity, Loft thus to the devices of petty operators the stock market showed little inclination to leave its natural state of bluggishness, and from first to last the fluctuations. were inconsiderable—opening, fancy and closing prices wero so near of the same figure that one was naturally reminded of the Egyptian symbol of eternity, where the circling serpent feeds upon the tip of its tail, lack- Ing a more generous dict. In plain words, prices loft off at the close pretty nearly where they opened, as the record in this column will show. ‘The ‘bruised arms” of the contestants afer yesterday’s enjoyment, are “to-day huug ap for monvments’—some time is required to fill up the list vf killed and wounded; some time wanted to get over old harts—but of this we may be assured, that many days will not elapse before the contending hosts are vpgain In position, when the war of speculation will go on as vigorously as ever. Acommendable zeal to prevent a panic is shown on the part of those who profess to quietly pull the manipulating wires from the ‘back’ offices of certain well known brokers. From various indications Pacific Mail is likely to be as practically dormant as Union Pacific was during its “washing” {nto notoriety. ‘he same game ts evidently being played. The impression is fast gaining ground that, ‘with a “spotter” in the market who registers the pur- chaser’s and seller’s namo of every transaction made, the chances for making money by either buying or Belling it are growing beautifully less, To-day the stock has fluctuated more widely than any other, sales Deing at 41% a 42041 and 41%. Yet probably not a dozen members of the Board could at any moment | ave given a quotation without making special in- quiry, so little bas it attracted attention or interest. Union Pacific, with nominal transactions of only 4,500 Bhares, has vibrated thus, 80 a 81% a 80. Michigan Central sold to the extent of 9,800 shares at 68.0595 a 5834 » 69% 059 259%. The demand for this stock was largely-from “shorts” who had early in- formation concerning the published ‘exposé’? in the Boston papers, and hence the advance, Without de- fracting from the reputation of the Boston expert who has the credit of having recently exposed the affairs of the “Eastern Railroad” so that the price of its stock dropped from above par to about 20, it seems a good time to remark that there are many in New York to ‘whom his examination of Michigan Central furnished mo new information, they having long since discovered that with the “rates” for transportation which have prevailed for the past twelve moxths, it was simply im- possible for the roads running east and west between ‘New York and Chicago, to earn the interest on their enormously inflated debts. And they are confidently looking forward to the next annual reports to vindicate their opinions by showing increased debts, either floating or bonded. Lake Shore was quite active swith sales of 60,000 shares at 585 0 59% a 583, a 5934. Northwost exhibited some life in an advance from 38}, the opening, to 39, the closing price, with an apparent effort to connect Mr. Gould’s name with the movement ‘by employing ono of his prominent brokers to do the ‘buying. So faras the public are concerned it should make but Little difference who is the buyer ofa stock that has ahead of it $21,500,000 of prefersed stock on_ which seven per cent per’ annum must be first paid ‘before anything is paid on the common stock, and ‘which only earns net $5,000,000, or $518,000 over its Anterest indebtedness, And this on a rona 2,000 miles fong in 1874, against net earning in 1869 of over $6,000,000 with but 1,156 miles of road. The preferred Gtock was also firm, advancing from 53% a 53% to 54, St. Paul sold at 355g = 35% a 357% a 35% and the pre- ferred at 65% a 6534 a 655. Eric fluctuated from 155 415%. Ohio and Mississippi declined from 173¢ to 167% ‘withaclose at 17%. Hanibal and St. Joseph closed at 21} after sales at 20% and the preferred at 2632, after open- ng at 27 and declining to 25%. Inthe investment stocks nothing was done worthy of remark, Western Union was fairly active and closed at the best price of ‘the day, 75%, after sales at 74% a 74%. Illinois Cen- tral declined from 94 to 933%. New Jersey Southern, which a few of our readers will remember as the promised “Bonanza” of 1873, sold ata plain $1 per Bhare. Not a few bought this stock on Mr. Gould’s point, at 35, with visions of entire blocks of brown stone fronts, ‘TRE SALES TO-DAY mounted to 153,000 shares, which wore distributed Among active securities as follows:—New York Central and Hudson, 220; Erie, 2,800; Lake Shore, 60,125; | Northwestern, 4,500; do. preferred, 1,400; Rock HIsland, 400; Pacifle Mail, 27,470; St Panl, 2,000; do, preferred, 2,300; Ohios, 4,600; Western Union, 22,000; Wabash, 200; Union Pacific, 4,500, OPENING; HIGHEST AND LOWEST PRICES. ‘The following table shows the opening, highest and lowest prices of the day:— Opening. Highest Lowest, 05% "20036 | 133 133° | 157 165 | 5935 585g | (i 5% | Northwestern . 39 3834 orthwestern preferred. 54 58% jock Island. 1054 89% B55 it. Pi Mil. and St. Paul ina sl 65%, Ohio and Mississippi 16% ‘ew Jersey Central. 04 el., Lack. and Western 11936 nion Pacific &., 6, and. © 4% ‘Western Union. 74% | tlantic and Pacific Tel. 18% | ‘acific Mail 41% anama, 125 ADVANCE AND DECLINE. The changes fn closing prices compared with those ‘of yesterday are as follows :— eo ARancucNew York Central, %; C., Cand 1 %; Delaware and Lackawanna, Erie, %} Siete 1d; Lake Shore, 4; Northwestern common, 3s do,’ preferred, %; Pacific Mall, 24), Rock Island, St Paul, 34; do. preferred, Western Union) Miobigah Central, 174; ‘New Jerscy Central, 3. eoLine—Erie, in London, Mj gold, \; District of Columbia bonds, 1; Wabash, 3%, Panama, \; Hanni- Dal Soya Joseph, 34; Atlantle and Paciic Telo. rap! © SravonanY—Union Pacific, Atlantic and Pacific pre- | ferred, and Quicksilver, CLOSING PRICES—3 P.M. Tacit Mall... 4116 © 41 & 65% est Un Tel... 759, a 75! | 58 Atl & Pac Tou, 18 19 se 40 7 :1T li a 119% a 6 ag Bees ii dot P... THE MONEY MARKE’ Money closed easy at 4.and 5 per cent after loans on call at 6 per cent, Yesterday the cily commenced to disburse on account of the December interest on ber debt, and also for the payment of revenue bonds issued every year in anticipation of the collection of taxes. 11 is usual for a considerable sum from this Wource to find its way to Wall street, but at the present | time there is little in the speculative line that invites Investment. Foreign Exchange was quiet at 4.83 a 4.83}¢ for bankers’ long and 4.86)4 a 4.8634 for demand sterling. The following aro to-day’s rates of bank exchange on New York, reported by telegraph trom the cities Bamed: Cincinnati, one-tenth of one per cont dis- fount; St. Louis, one per cent discount ; Chicago, aif per cent discount. THE GOLD MARKEY, Gold ovencd and closed at 114%. This was the NEW YORK NERALD, FRIDAY, DECEMBER 3, 1875.-TRIPLE SHEET. lowest price, me highest having been 115%. The rates paid for carrying were 3, 4, 2, 2) aud Lper cent. Loans were also made flat. OPBRATIONS OF THE GOLD EXCHANGE BANK. Gold balances $1,347,525 Currency balan: Gross clearances. CLEARING HOUSE STATEMENT, Currency exchange: Currency balances... Gold exchang Gold balances THE UNITED STATES TREASURY. ‘The Assistant Treasu¥er paid out to-day $35,000 gold on account of interest and $1,195,000 in redemption of five-twenty bonds, Internal revenue receipts to-day at Washington, $407,864 14; customs receipts, $407,337 19. ‘The bank notes received for redemption to-day amount to $650,000. RAILROAD BONDS, There was an active business im railroad bonds, The Pacific issues sold at 10474 © 1053¢ for Union firsts, 100 a 100%, for land grants, 9434 for sinking funds and 107 for Centrals. There were some large transactions in St. Paul consolfdated sinking funds at 8134 081i, 0 81%; do., La Crosse division, sold at 973; do., ©. and M. division, sold at 873. Chicago and Northwestern consolidated coupon gold bonds at 83% 484; do, currency at 98¢ and interest at 100. Chi- cago, Burlington and Quincy eights brought 118 and Harlem coupon firsts 113, Chesapeake and Ohio firsts, coupon on, advanced to 32, Michigan Central sovens sold up to 101, The following were tho closing quota- tions for Pacific Railroad bonds:—Union Pacific firsts, 105 @ 10534; do. land grants, 10034 a 10034; do. sink- ing funds, 9434 295; Central Pacifics, 106% a 107. GOVERNMENT BONDS. Government bonds closed firm at the following quo- tations:—United States currency sixes, 12134 a 122; do, do., 1881, registered, 119% a 119%; do, do., do., coupon, 123% a 124; do. five-twenties, 1864, registered (called bonds), 1153g; do, do., do., coupon (called bonds), 11534; do, do., 1865, registered, 115% a 1164; do, do., do., coupon, 116% a 116%; do. do., do., new, registered, 116% a 117; do. do., do., do., coupon, 120% @ 12034; do. do., 1867, registered, 119% a 119%; do, do., do., coupon, 12234 a 122%; do, do., 1868, registered, 119 a 11934; do. do., do., coupon, 122500 123; do, ten-forties, registered, 11734 @ 117; do. do., coupon, 11734 a 118; do. fives, 1881, registered, 11676 a 117; do. do., do., coupon, 11744 a 117%. ‘THR VORKIGN MARKT, ‘The London advices report uo change in the Bank of England rate of discount, which continues at 3 per cont, the rato in the open market being 3 per cent lower, ‘The bullion in the bank increased £116,000 during the week, the proportion of reserve to liabilities being 39% per cent, against 43% per cent last week. Regular despatches report the withdrawal of £622,000 from the Bank on balance to-day, but private de- spatches to bankers here state that the amount withdrawn will reach £750,000. Consols are barely steady. American securities quiet, The specie in the Bank of France has increased 2,278,000f during the week. Rentes, 66f, 20c, The following are the haif- past flye o’clock P. M. London quotations :—Consols for money, 9344 a 93%; do, for account, 98% a 9314; cld 1865 bonds, 10334 a 103%, ; 1867 bonds, 10934; ten-forty bonds, 10534 a 105%;; new fives, 104% @ 10434; Erie, 144. Consols weak. Yesterday was settling day, the last day of the reg- ular semi-monthly account at the Stock Exchange. There were rather more failures than usual. The largest was that of Braggiotti Brothers, stock and share brokers, No. 2 Cushion court, Old Broad street, with liabilities estimated at $350,000, There were also five other failures of lesser importance. ‘MIXING QUOTATIONS DECEMBER 2. Advance. Gould and Curry. 22 1 Savago (new share, 7 to 1 of old). 18 Chollar-Potosi 89 8 5T 6 . 3 . & 2 . 8T 6 Belcher .. 26 3 Imperial. . 9 1 Virginia Consolidated. 383 11 Caliornia ™ 1 Overman, 60 7 Raymond & Ely. 18 = Eureka Consolidated..... 6 - Best and Belcher. 62 3 Kentuck....... 16 1 posted Consolidated... ; 3 2 4 Decline 1 Coin shipmants to the East. to-day, $8,000; bullion, $57,000. RANK SHARES, Bank shares sold at 139 for Chatham. The latest bids are annexed:—America, 150; American Exchange, 116; Chatham, 189; Chemical, 1,600; City, 300; Com- merce, 121%; Continental, 88; First National, 200; Gallatin National, 134; Importers and Traders’, 197; Manhattan, 150; Merchants’, 123; Nassau, 103; New York, 132%; Ninth National, 80; North America, 1004; Republic, 84; State of New York, 104 PHILADELPHIA STOCKS, The following are the Philadelphia stock quotations at three o'clock this day:— Bid, Asked, City sixes, new -(ex int.) 1063¢ 10634 Camden and Amboy Railroad. ...... 135 18654 Pennsylvania, oh big 55, 55% - 62%, 6255 preferred. 44% Philadelphia and Erie Railroad. = Northern Central Railroad 38 Lehigh Navigation... 1 50% 5016 Lehigh Navigation gold Joan + 107 10s MEMORANDA. 3 It is reportea that the earnings of the Chicago and Northwest Railway for November show an increase over the same month last year of $153,000. The carn- ings of the fourth week show an increase of $80,000, Favorable reports are also made concerning St Paul and Union Pacific. Concerning the Northwest stocks there is an uneasy feeling growlng out of the statement that the company, having some time ago determined on the issue of $10,- 000,000 of convertible bonds for the purpose of purchas- ing the West Wisconsin and the Rockford, Rock Island | and St. Louis rouds—both being feeders of the North- west—the bonds in question are in process of conve Into stock. Achange of importance to the commercial community is announced to take place January 1, in the organiza- tion of the banking firm of Drexel, Morgan & Co., Mr. Joseph Drexel retiring and being succeeded by Mr. Egisto P. Fabbri, founder of the well known house of Fabbri & Chauncey, China and South American traders, All the other partners of the house,-including Mesars, Anthony J. and Frank Drexel, of Philadelphia, remain as before. The following shares were sold at auction, to-day :— $1,000 St. Joseph and Denver City R. R. Co. first mtg. eight per cent W. D. bds. due 1900, int, Feb, and Aug. (Hyp.) all unpaid coupons attached......$1,000 eac y order of Receiver. 40 shares Rutgers Fire Insurance Co., $25 each. . .101% The New York Directors of the Michigan Central road include Mr. Samuel Sloan, of the Delaware, Lacka- ion }| Wanna and Western, as Vice President. ‘There was a rumor said to come from St. Petersburg that Russia and Turkey object to the sale of the Suez Canal to England. It is suid that Messrs. Rothschild advise, by cable to- day, the withdrawal of all the new Syndicate five per cents from the New York market, They look for bet- tor rates abroad for the unsold portion of this loan. Messrs, C. L. Perkins, Jesse Hoyt and L, H. Meyer, as a committee representing the first mortgage bond- | holders, have issued a scheme for the reorganization of the Chesapeake aud Ubio Railroad under foreclosure, It is proposed that the said committee shall buy the property as trustees of the bondholders and reorganize on the following plan, to wit:— Issue mortgage bonds at 6 per cent, princt- pal an forty years to run, for... First preferred 7 per cent stock Second preferred 7 per cent stock ‘Those several new securities are to be distributed as follows;—To the first mortgage bondholders, on sur- render of their present bonds, $7,500,000 mortgage bonds and $7,500,000 first preferred stock. The second preferred stock for $10,600,0U0 is proposed to be ex- changed for the outstanding second mortgage bonds of the present company. This plan will leave in posses. sion of the new company $2,500,000 of the six per cent mortgage bonds—which the trustees are to have author- ity to increase to $5,000,000—for purposes of improve- ments, construction, extensions, equipments andthe expenses of reorganization. The $3,160,000 of first preferred stock, which is reserved, is to be used for in- terest on existing bonds from time of first default to November 1, 1876. It is also proposed to obtain the power under the charter of the States of Virginia and West Virginia authorizing the new company ‘to issue such au amount of common stock as the commiltes may deem to be necessary to provide for the present unsecured debt of the company, and for other pur- poses,” NEW YORK STOCK EXCHANGE SALES Tuorsvay, Deo. 2, 187% BEFORE CALL—10 A. M. 810000 West U ¢, 1000. 900 shs Mich OC RR... 58 200° do. 300 900 Chi ry N 5 A 100 Tol & Wab KK. .63 100 do. 400 di B00 Mil & St P tit 100 “do. 190 Han & St Jo Rt . 25 Han & St Jo pe. 200 Mo, Kau & Tox... AND 11:30 A, M. 10000 | U8 S's, Suraee 1000 B,OR & ML. 4000 CO Istcon.be 20 shs Chatham Bank Ln West Un tel...be t 4 100 Toocnia NWpi 200 Mil & St P 450° do 3588.) rc i 2 aL do. 0 do. 200 do. 60 do. 600 do. 100 Ohio & 59) b o% 6000 59% 10000 59 6000 59 30000 59 ‘5000 Bz 8009 587, 1000 533 58: 58: ‘58! 58: 300 Se 00 © oy. 200 i 83; 100 Mii & Sé 39: 100 | da. Fs 200 Mil & st 653 100 “do. 65: 200 Ohio & Miss Rit:'! 17) 700 do. 1 200 do. 1 100 do. 1 1500 do. 16) 300 do. 1 & a1 t hid § Dis Ga L Cen cr 12000 Um Pacs 1 C,KLé ?: Ma&sP M& SP, Leb SREEEEEEEESEETE TUatbaatpraiptibs ly Woot Us tel 1700 do. 10 Mo, K & Tex. 200 TO BP, 25 shs L8 & MS RR. 1000 do. COMMERCIAL REPORT. COTTON ON THE SPOT STRADY—FUTURES OUIET, BUT STEADY—FLOUR DULL AND IRREGULAR— WHEAT DULL—CORN FIRMER—OATS FIRMER— PORK QUIRT—LARD QUIET—PETROLEUM A SHADE FIRMER—SPIRITS TURPENTNE STEADY— BOSIN QUIET—OILS UNCHANGED—FREIGHTS FIRM, BUT QUIKT—HEMP AND JUTR QuIET— WHISKEY STEADY—GUNNIES STEADY—CO: FER FIRM, BUT QUIET—SUGAR FIRM, Taurspar, Dec, 2—6P. M. ‘Trade matters were unchanged, It is exceedingly difficult to galvanize the markets into even asceming activity, and the general tendency is toward lower prices, though the changes in that direction trom day to day are almost imperceptible. On ’Change flour was dull and irregular. Wheat was dull, but without de- | cided change, Corn was in fair demand and firmer. Oats were also firmer. Whiskey steady, Pork and lard quiet, Freights were quiet, but frm. Cotton was steady, Coffee was quiet, but firm, Gunnies wore steady, Hemp and jnte were quiet. Rosin was quiet and un- changed. Spirits turpentine was steady, Oils were un+ changed. Petroleum was ashade better, Sugar was quiet, but firm. Covrur.—Tho market for Rio was quiet, but firm; 2,050 bags sold at Baltimore, 6x David Stewart, on private terms, Mild coffee was firm, but quiet, The stock of mild coffee in —Jave, grass mate, 40,111; Singa- * pore, 9,454 grass mats; Coylon, 383 bags; Maracsibo, 16,440 do; Laguayra, 449 do.; Mexican, 79 do. ; Manila, 1,000 do. ; Savanilia, 2,507 do. Total stock, 20,957 bags, 46,111 mats ‘and 9,454 mats Singapore. We quote :—Ordiary car- 18340. ; fair do., 19946. @ 20e,; good do., 20%e. rimo do., 20%. a2lc.; extreme range fordots, |. 19i¢c. & 20%e., gold, ninety dars; mats, 26¢. a 28c. ; Singapore, do., 22c. a 24c.; Ceylon, We. a 21}gc.; Maracaibo, 1930. a 21g. ; Laguayra, 200. a 2lc.; Jamaica, 19¢. a 20340. ; St. Domingo, 18e. ; Porto mien, me Rica, 19e. a 21c.; Mexican, 19¢, 2c: Angosturm 19. & 2ie.; Seranilia: ‘The market for yt closed steady at former a shade firmer, with, ber however, & Mghe josing quotations to-day compare with es as follows >— Thar nsiness passing. Wednesday's closing 1317 33 i au 5 ie 16 14 5-16 0 14 14 9-32 0 1411-92 standard of ‘classificnt ion, otton im store running in quality not more than half above or below the grade quoted :— Uplands. Texas, 10% Middling fair. 4 (! Lo bar 11 trict good celinary, 1het low middling, 12 5-1de. ; iid: sit Taige, Tho aloe were Export. 205, Consampiion’ 5 458 Speculation. 100 350 Totals. “@20 7,108 483 eae idis Uiise® are 250 bales to.arrive, For fuiere Y ‘y tho sales were as follows ‘900 3 1. 13 17-330 Skate 3, 00, al June, B00 at Lee. duly ‘1 e.; August, 300 at 14 5-16c, Total, 12,600 bales. Gi Ry total, {17,100 bales. re ss aera (Galveston, %. EM: 108 ; e, 2,426 ; Savannah, 4,060; Charles: ton, 2,826; i 1 a Norfolk, ase New York, 29,967 do. ; barley malt, 900 do. were lower and ie the a: pepe iar camara an gee a Ay isinoss passing, ab $4 for Bran oF Baltinerd sucked and 69°25 4 89 pneyee and Jer- sey and Pennsylvania per bbl. ; the sales were 750 sacks and 700 bbls, at the above prices 2 mabey whee 11900 do fryer 1 600 do ; barley, 2,500 do. } hi rket ruled dull and price 000 bbls. at the No, 2 Stato $3 85 a $4 25 Superfine Stui 90 Extra State m Choice State, Supertine West Extra Western, Minnesota. Round hoop Ohio, shipping brands Round hoop Ohio, trade brands, pres S8SIsa: rrrrtrrrti irr) 8 coconmcasancucavenst SrocrcmmaQsccaaacncaoue’ wSSRSSESSESE: 5 fas dull, but. were ouly about’ 50,000 Dantols at 8119.4 St 20 Milwaukee, $1 22 for ungraded ; $1 29 for No, 2 Milwau! $1 30 for small lot of choice amper. Corn was firmer in fair demand, closing at 743c., for sail, mixed; 90,000 Dushels sold at thas pron. B Rye was quiet and nominal at Bsc. Boe, far Weaterm, and obo, « OG. far Beate and Pennayi- $200 bushels sold af those prices, Oats wore firmer ier er Kinds, closing at about nh si rare abut mat See Ee Lbg) seeusseuecucseesss Ls 68, 00s, for Milwankee No, 2, bushels at above “axle andy ; 88,000 Dushols vold at $1 12's $1 ies tore, foe Na 2 Bay’ commsvon to ‘and $1 22 for cholce No. i 1 Bay, _ Barley malt was quiet, Pou w of 700 bushels at the re steady, with s: luck eyed tcl lg in ; Dew green peas, sie Be a 3. ca ome We gc. ; bags, Wasa untteaned: Sate There ty no vntock In the market of the ive. We American }10 aG249 for double and “$190 a $200. for . gold, Italian, @ $275, lds Jute batts, 215-160, a So.. -« ol OLASENS. foreign was firm, but quict, New Orleans was firm. but not vary active; 125 bbls. sold.a6 from 580. @ 61 1¢ tock is as follows : 3 Porto Rico, 701 OL do Huglish Tstands 1,000 dors New Orleanat i. 1,200 ote <a, contri and mixed, 220. 3 Bes a. taped, esa ge Brie iiuscovndo Toning 8.8 the sales are to arri F ton, 3 Porto Ri 35e. English Isteads, S60 "a S00; Now Orisans, old crop, 400 esl nes geod, rot Te choice, Eat rd do., new crop, good, fancy, 626. « 63, Naval Sronxs.—Rosin was quiet and unchan pet Spirit (eiQu,,DbIB. eold at Tar and ‘ilminj veh ge “Ee pe fol. a $1 gL rg ae em Wilmfagton® ee ‘steady ; hi 60; yellow ai and view, iefoe drm at See bids "Rowin ember I. 3 ac fn, ards HOGS afloat, 212, ae 6 fo Jord, 2.069; stom 100, pire 5,192; afloat, oie. ote = Opirite of 8 fatpentin ie. rota oo in any department. Brloes wore steady. We suste =-Gottenseea, crater ate 460.; do. summer yellow, 5c. ; do. winter yellow, 630. H @5c.; linseed, ;'Dbls., 6c. ; lard, winter, $1 07 a $1 1: menhaden, Sound, 41c. ‘& 42c.': Maino, sperm, crude, $1 50; hed winter, $1 85; do., natural de., Norshorn, 70e. ; Southern, G5e. inte ig i 8 oe do. mavaral, do. 720. 673 T3e-4 . 440. cases, hehe S50. PETROLUUM.—Tho market was a shado firmer, but business ‘was still retarded by the high rates demanded for vessels, ae in hulk, was quoted at 7c. for spot; do., in ols. pot, and 10:40. for month, Refined stand- 2246.6 10 for spot and 12%ge. for month | cargo {outage e 2%c. Naphtha, Oe. for , and 106. mouth, “Philadelphia market dall_ at 11%0, "&. 12c., for lots, Baltimore, 1174. Advices from the Creek Bere as follows: ity very 1 Bohs oon varke Titusville, firm, $1 00 0 $1 6234. ° Oil $1, 61% Rouseville quiet and steady, $1 35, Tidionte ‘oy frm, bicher, $1 ls firm, United, $1 tlerees and 200 cases; cub me: Herces; bacon, 1,771 boxes. ‘The pork m: 3 50 bbls, new ‘uiingpected sold at §22 50, seller the year, nominaily $21 40; aaa at $20 $20 50 bid. Out meats were quiet bell Se. es San abies was dull: eity jong’ cloar. was do, at 11340; Boot was quiet; 50 bbls. sold city extra India mess, mS Brime do, new, $23. jain mess, do., did. to 1 8 $13, ais: packed, sive fia ‘Sesthams na were jobbin ¢ Western prime, $20 a $23 for thd $18.0 $50 for common te fale pod ohne od changed. The sales tor spot delivery were 70 tierces city at 12746; 080 trerces new Western at 12746. For Ritare delivery, 800 ticrces, seller the year, at 12%c ; 1,300 do., Janmary, at Lye a 12 tole. 700 do,” Fobraary 1 pgc:i 250 do. March. at 113%, Shout 3000 oat L194, foe saliée the 6 7oenyt2 158i. f January, 13 Lise. for Pebruary and 13:3. fined was quiet : 200 tiereea sold for the Continent Butter—The demand tor fine State continued ‘a moderate supply, prices were firmly held. Other grades of Stato wore in very’ moderate equent and, with very heary receipts, prices were weak and unset We quate + state dairies entire fine, Sic. $2e,; do.. ood to prime, 28. & ido. fair to good, 250. to Te. State, half tubs ‘eream- ae choice, 30c. a S4c.; Western creamery, tubs, to choles, 200.0 Se: do, valle, fair to extra choles, ‘Cheese— was without especiai was e thoderate call from shippers, but 1 looking rie common. fo taney, ne. os 1 oid ae sir to ‘ skims, . ‘4c. & CF ‘Oni food tata ale good, ‘ond a fa 8 esa 136 peter 2 ‘Louis eer It Blain, Pasa ic. & Th9e. wee F*Svcan—In raw business was very quiet, but holders con- tinued firm in their views. The market for refined was steady and unchanged. Messrs, WaitiCreighton & Morrison sum up us :— Bids Boss, Boge, Meade, Btock (ascertained by actual count, including svecule- tion), November 1, 1875. €1,011 22,003 173,698 7,808 Receipis since November 1. 3,676 17.720 22,488 ‘Totals... 64,687 40,622 196,1 8194 Bales since Novoniber U0. 414d asle4e Wooa7s | BTIe Stock this day, December ween pd 2, 1875, 16,676 70,713 4,478 63,735 20,800 = 92,628 311,427 4,690 ruled qulet ond steady; 150 tlerces sold at 130, The market for prime ‘city, was firm at Oigc. & Western at 9940. and Receipts, oe 4 $1 10 and 100 do, old at §: chief restriction to an petive, gen i scarcity of vonnage, and in conse dem. for thes obtainable, agements were: To. Liverpool, by 950 m (irough freight trem the juoted at ‘300 65e., local; 20,000 bushels grain, 1d. + 1,500 bis. any t 50s, ¢ 150 hinds. tal? i ies cote er tbo and ail, Oe 1,600° ‘bbls, flow London “ty sail, '3,500° pbls, flour, 9s. 3 lots of sugar, rumored by steam, on priva Yo steam, 8,000" bu apples. Bremen, by: fain at Obs Tho charters untead As Austrian bark, ence to Cork for orders, with 9,000 quarters-grain, on pri: vate terms, an American bark, from Baltimore to east const of Ireland, with 3,000 qu tol channel at same rate ship, with 7,000 bbls. rellned petroleum, at on free ol va Brisiab abt (te sreive) Som ‘Philadelphia to Cork. for or: ders, with 6, at 7s; 8 German bar quarters grain, at 7 tons, thenes to United Kingdom direct, with oilcake, at 30s. ; an American schooner (of %,000 bbls: capactty) thence to Laguayra, with general cargo, per dbl; an American’ ship, Nek orleans “td Liverpooi, with cot om ‘thence re- & ship (to arrive), one thence to Ant gently, for do. an wank oa at Tedte.: two brigs aud (uree schooners = © to Now York with sugar and molasses at $4 50 ihe “for the former ond $1 5) por bbL for the Fong Greek rig, 428 tons, hence to the Levant with 14,000 cases refined troleum on ‘private terms; an American brig, SI nce to Bordyaux with 9.840 bla. crude. petrale aud back from Codie with salt at current rates: brig, 42 tons (to arrive), hence to Lo ith 3,200 bbls naphtha at Sa. Od., of Liverpool or Bristol at same yes & Danish tds ‘roms Piladaipie te Copenhagen with bbls. refined petroleum at 4s. 6d. ; a ship benee to London with t5O0. bbls. rc) Ss. 4u American schooner, with 350 tous coal from Philadelphi to Providence, $1 50, privilege of New Hw sume rat one for do., with $25 ence to Cubs Fr. with suxar and molasses. , . » aio Ph tere) hing essing to fi phia, frais, at $1,850; jerican bark, Sguland, with general cargo at current rates pei ‘beet cones oo 8 to River Platte, with with an bark, ‘wi , OL do., private corms, DOMESTIO baat’ Dec. 2. 1875. Cotton quiet ; middling, 12340. : Pfow middling: Ide ordimary, Likc. Net seein 4.348 bales: gross, Sot jules, 1,303, Btock, 93,954. New ORteans@ Dec. 2, 1875. 2}ge. ; low midall re Like; good revipts, 60 bi rs $3 25 respect (now in Philadelphia trom th an Ai hence to Now British bark, eral cargo, at Be, 16 tons, hence to Rio Jane: a men pri terms ; another hence to Caba, © terms; one hence to Fernandina, with Exporta coustwise, 1,551. Fees Sales, 2, 1875, sobotten quiet: middling, middling, o. 1aige,; good ordinary iis pes, 2420 bale “ae 025; coustwise, G40. wis—To Great Britain, Sales, 2, Btock, 45,059. Savanam, Deo. 2, 1875. Cotton dull; middling, 1286. ; low idiling, 12ive.; good ordinary, 114gc._Not roceipts, 4,080 bales Exports to Groat Britain, 1,760, ee hse tock, 60.810 1aigers ood gedinary, i eee 7c. ordinary, L1%e. No Exports—To France, 7s wise. 1,177. Sales, 1,200. Btock, 59,259. Winacrxcro: Spirits Turpentine firm at 4c. strained. Tar steady at $1 70, ©., Dee. 2, 1875. firm at 1 4235 for sales 1,700 bbis. re tans ito les at for No. 15 87,1) for amber w tor, Ge for, white do., $3 25 for dout extra, ina Nb kee club, $1 40; extra white Michigan, $1 Can pits as Tle. @ Te, Barley 5 | Eas 2,000 bushels Canada, by sample, at $1 06; 2.1 jolte ed at 9c. Corn meal, upb feed, ‘shorts, $18; shipstuils, $2 urs imlddlings, 827 & $23. Burraw, ew 2, 1875. Lake receipts. Fier, 3.900 8,950 bbls. ; corn,” 7,000 bushels. Rallroad recelpts—Floas, 4400 bbls. wheat, 6,000 bushels; onta, do. ; barley, 1,600 do. Railroad flour, 4300 bois. wheat, 66,000 bushels; corn, ie Flour stei do. ; 22,000 do. ‘Flour unchanged, trada light: n at SL 38, iwaukee club at $1 22, 400 do. No. 3 do. 8,000 bushels "No. 2 Western at G4e., in railro itor 1.700 do, at Sse. Ota nominally 40¢. for No, 2 Western. ye nominal; Milwaukee offered at Barloy mactive; hoiders firm. ‘Pork quiet at $22 for Roary mes quiet at a Highwines ear 0, Dee. 2, 1: dull; No 1 nue Michigan’ nae Lia ect and December, 2 do. 96. ary, $1 1! ary, 8X: No.2 ‘a wiuter 81°20; lower; high mi: ‘new, di + ATK, year, 47¢.; low ‘Dew, '47c.'; No. 1’ white, 8c. ; no wat are. dour Onis ae tshanged Cloverseed, Mendy, with a moderate demand at $5 80 13,00 bushels wheat, 35,000 do. corn, 600 do. oat ments—21,000 bushels wheat, 20,000 do. corn, 14,000 Cusco. Dec. Flour dull, Wheat fase unchanged, but rather lower; No.1 Chicago spring, $1 08)4; No. 2-do~, On $1 08 Mg. spot; $1 O4 asl Otig. vel jer Jubuary | B7e,; rejected, Te, Corn Lm . mised, 4654. por’ Ab zc, bid, sell 4e., seller old 9c. ; high mixed,’ 46%c. nanged “barley Buyers and sellers let February, dal ; ** new do., all the 1 11. Receipte-Flour, DI 5. 52. shale; cork, 18/008 do. 7 outst 35,000 do.: barley’ 18,0000. Fy, 1,000 des Shipments— Flour, 8,000 bbls. ; eats 9,000 bushels ; 14,000 do. ; ‘oats, ‘13,000 (000 do. "At the afternoon call of barley, 4, the Board Wheat da dockiediy lower at $1 024, December; sy, @ shade lower, c., December; Oats Jgc. lower at 30c., 19 05, the Wer eA , the ye: Lard easy a 3238 cash arty iS a Si Aas A 1734, De i December. PRINTING CLOTHS MARKET. Provipencr, R. I., Doc. 2, 1875, Printing cloths markot steady at list ‘quotations, HAVANA MA MARKET. Havana, Deo, 2, 1875. ten old, 20056 2210, ig Bxchange dull; on nt United ‘60 89 preminm; short sight, ai VED} | 60 days Rt 121 9123 premum; jort sent ts a od mium. On London, 144 a 146 premium. Oo 20 premium. . Di standard, 149 143, reals per EUROPEAN Mi Lonvow Propuce Marxxt.—Loxpon, MARKETS. Dec, 2—Evening.— Linseed oil, 25s. ne ® Spirits of turpen- tine, 258. 94. pe ‘Awrwane Perontua Manxer—Asrwenr, Dec. 2—Rven- ing.—Poetroleum, 291. for fine pale American, Gd. per cwt. FINANCIAL, UGUST BELMONT & © Bankers, 19 and 21 Nassan stree igste Travellers’ Credits, avaliable ta all parte betel DE ROTHSCHILD and re corresponden "Also Commercial Oredits and Telegraphic Transfers of | Money on California and Europe. J. & W. SELIGMAN, 26 Broad street, Now York, issue Letters of Credil for Travellers, payable in any part of Europe, a, Australia and ica, draw Bills of Exchange and make telegraphic transfers of money to Europe and California, ‘T REASONABLE RATES—MONEY ON LIFE AND Badowment Insurance Policies. Mottqages sad Bie securities ; oof all kinds effected w' |. HABRICH & OO., Mir Brosdway. -LAPSLEY & BAZLEY, BROKERS, 74 BROAD. WAY, BUY AND SELL “PRIVILEGES” 0} “MEMBERS OF NEW YORK STOCK EXCHANGE” “EX. CLUSIVELY.” REFERENCES GIVEN IN NEW YORK AND LEADING CITLES. — Lio 1 WALL STREET—MONEY, IN SUMS te loan on Real Estate, city or vicinity, by WruttaM ‘i. ‘MAMCY, Dealer in Bulllon end Specte » | ANY AMOUNT PROM $1,000 TO $80,000 TO LOAN ON improved and unimproved Property, this city or Brook- ym, term of years, without bonas, WILLIAM K. LEAVITT, 190 Brondway. YOUNG WIDOW WANTS THE LOAN OF $100 on seourity. Address STRANGER IN NEED, Herald Uptown Brunch office. Gaaraers AND OHIO RAILROAD. Holders of the First Mortgage Six per Cent Gold Bonds of the Chesepeake and Ohio ond Company are notified that, by, sending thelr address to the committee, at the officé of Perkins, Livingston, Post & Co., 59 Liberty street, » the world, copy of the plan of reorgenisation will bo forwarded to them. ERKINS, Lit Pammirice of Sexe L. H. MEYER, New Yone,, Dee. 2, 1875, 1] ALWAYS HAVE MONEY TO LOAN ON GOOD NEW | Nork city Mortgages, without bonus. Principals desiring VEST apply to to BORRO' GRANT, 145 Brondway. N VARIOUS SUMS—LOANS WITHOUT BONUS ON Bondholders ‘New York or B Propert: cat decided quick! egy aad i money pal prompt ‘Apig with pee pers, to Broadway. EELY (MOTOR COMPANY | STUCK. FEW sale. WILLIAM BARNS, attorney at at North Sevents street, Philadelphia, Pa, MOoXxBE, 70 LOAN-ON FIRST MORTGAGES, wire. out bonus, on Second and Leasehold Mortgages, at terms. GEORGE W. STAKE, 150 Broadway. room §. ‘ONEY TO LOAN FOR, A TERM A Ra nee Coe rand proved elty Property; 7 per cont t ie eeer apply, vind 10% 0 ato JONATHAN Db "SoNDIN roadway, room 36. ‘ATIONAL THRUST COMPANY, and 263, Brondiay, {ORK Dec. 2 1875. At a regular meeting of the trustees of i Company held vemi-arMlual dividend of far eh per cons alneed the earnings of the last six months, aud after January 4, prox. Trans books will Decem| J.C. ‘CRUIKSHANK, Secretary. PRRATORS Ls du ne it? salon BES ry ts and small losse NsLDI Tg josses address INS) PECLAL _DESPATOIER FROM WASHINGTON THE EVENING TELEGRAM TO-NIGHT, HE NATIONAL TRUST COMPANY OF THE CITY, OF Now York has deciared the usual semi-anvual dividend of four (4) per cent, payable on and after January 4, prox. ‘ANTED—$1,000 FOR FOUR MONTHS; SECURITY excellent, but not real estata; compensation lib Address R. A. M., Herald office, 5.000 neared i: ARTNER, EITHER 25.000, sient or uctive, in» manufacvnring bust: ions of large sales aud proite; hivestigation courted. Ad: dress CERTAINTY, Herald office. O00 70 HOANZON BOND AxD MORTOAGE 95. on New York and Brooklyn improved Property. Apply to FB. DRISCOLL, 29 Ping etree, room BUSINESS | OPPORTU TH ComPanaetyate SMALL 8UM DOWN WILL A & ae one control of an agr fests Soe race table business, Ye ew ‘si Soruey or Now, Kuglan PERS & BEBCHER, ihrond ad street. W OFFORTUMTY 18 OFPRRED TO A PARTY WITH dred dollars to take part with the undersigned oy invertmenty Whe whore capital, while remain party's ‘own control ‘be more than doubled; bi, Prunes given it uecessary., Address C. J. J., Herald office. NY PARTY HAVING #4,000 CASH | MAY JOIN Anew sily in manufacturing ‘® novelty affording ample Jortunes for both in twelve mouths, without risk. For par- ticalars apply at 38 it Thirty-second street. Ye Pan WANTE: pe Rn egtipar trade; toys, fanc: store ul 2 ‘Adarose pitt grXs box ‘io Heratd vite SOLID MERCANTILE Re me gh DOING AN 8 rio CA 0 CAPITALISTS AND MANUPA' TURERS or THis THE FIRST CITY OF iv THE UNITED STATES. 4 GooD CENTENNIAL PATENT, important ¢o all the people; «new invention in WOODEN SOLES for boots and shoes fc ‘inter MY. COTO RAD isSulty AMON OF HEAL TIE Wi ch bis invention SOKEN ALM OR tase vote ha “1s'T PipossrsLe eo BROK. SLIP ON THE ICB. the finest_carpet.* Will soil the re CHEAP, “Call (206 West Twonty 4 ‘fifth steset, New York Silver Falcon. re TOY DEALERS.—A RESPONSIBLE PARTY, HAW iE Sturge store in good location. would lke s ‘ys, on mission, 19 ys 5 te.“ Adsdra cy eg ke WiGiieNe AGENCY, TLE SELL HALF OR TWO-THIRDS Demenee nt i ® Bituminous Goal Colli ‘eet capacity, 190 tons per day royalty low: fase eB) years om aceek Address, until Zit inst, COAL, A WWANTED, 4 GENTLEMAN OF GOOD STANDING + and first class business qnalffications, with $10, cash, to manage a first class business : required now * and balance in April uoxt; salary’ 82,500 and comuission om amount of sales; $4,000 Address, aj York cl required amount preferred, 3] m PARTNER WANTED—AT ONCE; BUSINESS kk ‘imate and profitable; inside work princl Call om oF address, for particulars, G. 1. CROSS, 158 WILL BOY, OR A PARTNER TAKEN IN profitable cash business Address T., Herald $200 $1 50 WILL SECURE A HALF INTEREST IN m2) an established and lucrative cash business, which will bear strict investigation; incoming partner cam take charge of finances. Address M., box 4 vit? Pow ‘oftion. $1. T0078 GENTLEMAN WITH THIS AMOU!I gan secure an interest in « pleasant, easy rospectable business, yielding & ash income of $15, year. For address call on W. W. SHAKIE & CO., No, Park row, $4, OOO PARTNER, WANTED—ESTABLISHED + livery stable and express business; hee paid large profits; will do much better coming year. at No, 8 Kast Houston streot, near Broadway. $10,000 AND $14,000, TO LOAN OW $5. 000, First Bond and Mortgage on City Prop- erty; no bond is required. JOSEPH M. WARD/35 Water stroet, New York. TO $10,000 WILL BUY A CORRESPOND- ing interest, with superintendence of agem i. on ge in newest best i yrick ‘machine extans; $300; mukes 20,000 daily, Address Mf, nnd B:Goms pany, Foor 2, S24 Walnut eireck, Philadelphia. —_———+-2 + BUSINESS FAILUBES. Louis Sperling, dealer in cloths, of No, 14 Lispenard street, has appointed as his assignees E, M. Sperling and Henry Rau. James G, McCleery, dealer in caps, of No, 2 West Houston street, has assigned to Bartholomew J. Poole, Assignments have also been made by Bernhard Gardes, grocer, of No. 926 Second avenue, to Henry Piluger, and by Ferdinand Muller to Henry Schneider. Thatcher & Curran, stove dealers, of No. 233 Water street, who recently’ assigned to George G. Broo! place ‘their habilities at $10,686 86, ‘Their nomi assets are $7,020 98; actual value, $6,590 93. Max L; Rau, umbrella dealer, of No, 260 Broadway, whose assigument to Joseph Frank has alroady been roported in the Hxmato, has filed a schedule stating his liabilities to be $106,954 79; assets, $57,226 903 actual value of assets, $41,768 88.’ Bonds were ordered to the amount ot $42,000, Warren & Wyman, booksellers, of No. 744 Broadway, who assigned to Andrew L. Taylor, have about $10, Habilities The actual value of their assets is abont DISTRICT OF COLUMBIA BONDS. ‘The Committee of the Stock Exchange have declared. that the numbers from 23,051 to 23,300, inclusive, af the District of Columbia bonds would be henceforwaré considered good deliver; THE PRODUCE EXCHANGE. By appointment of the Board of Managers of the Produce Exchange, the Complaint Committee for the month of December consists of Messrs. Edward Hincken, James D. Wynkoop and 8. A. Sawyer. CUSTOM HOUSE RETRENCHMENT. ‘There was an air of despondency in the Custom House yesterday, and one of the officials remarked to a HERALD reporter, “This has been a perfect St. Bar tholomew’s day for us—such a slaughter of the im- nocents never took place before in ‘Poverty Corner.” However, wait till Congress meets, and some of the- ‘innocents’ will get reappointed. We shall soon have the importation of Exhibition goods commencing, and then we shall have to increase tha staff to a consid erable extent. We all hope that Congress will make an appropriation for the deficiency and that we can ge- on as before.” Night watchman are very sore over re ceiving only $2 70a night, and the day inspectors are very gioomy at being cut down from $4 to $3 60, The messengers and workmen down to the bottom grade are all reduced, but they hope when the fiscal yearends im duty that they will be put back on the old basis. There fare only a very few clerks in the Custom House whose salaries have not been red YESTERDAY'S CHANGES. Deputy Surveyor Samuel Blatchford was yesterday transferred to the Public Stores and takes the place made vacant by the death of Mr, Tompkins. Colonel ©. Treichel, late in charge of the Seizure Room, has been protnoted to the position of Chief Clerk in the Tenth Division, under Mr, Lydecker. Ex-Assemblyman Knox 'McAtee, formerly gau who has been altached as Chief Clerk to the ‘Tenth Division on $2,500 per year salary (although the said division is not yet in working order) since the Assem- bly adjourned, ‘has taken the position of ex-Deputy Collector Des Anges, transferred to Albany Peniten- tiary, Mr. Mc Atee’s great political infinence is in the Eleventh Assembly District. His brother 1s custediam of the Post Office. District Atvorney Bliss is under- stood to be his political sponsor. The celebrated Special Agent Jayne, of Merchants” book-seizing celebrity, paid a visit to the Custom House yesterday and talked over ibs moiety system. Mr, Jayne is now a bank director in the northern part of the State. SALARIES LESSENED AND OFFICES ABOLISHED AT NEWPORT, Newrort, Deo, 2, 1875. In accordance with the order recently issued by Sec- retary Bristow for reducing expenses the salaries of employés of the Custom House here have been reduced and three offices bave been abolished. SEIZURE OF SMUGGLED CIGAKS, Special Treasury agents of Colonel F. E. Howe's office seized yesterday 500 of the choicest brands of Havana cigars, hidden in astore mear the Havana steamship wharves. REAL ESTATE SALES. But very few were present yesterday at the Ex- change and but few sales took place. BR. V. Harnett sold in foreclosure the plot of lana, 85x220, on Courtland avenue, northwest corner of Helen street, Morrisania (Twenty-third ward), to the Naintiff, the Universal Life Insurance opis is 600, the said property being valued at eter F. Meyer sold in foreciosure the feast 20x98.9 on West Thirtieth street, north side, 140 f west of Third avenue, to ~ SPA, the ‘Bank for Savings of the City ot 3 rk, for $8,000, William sennelly sold Pen jure the plot of I 76x100 (three lots) on the north side of 168d street, feet west of Courtland avenue, containing two frame buildings, to the plaintiff, Albert Mathews, for $4,600; said property being valued at $9,000. MILK. WHAT IT COSTS THE CONSUMER AND HOW MUCH THE PRODUCERS ARE PAID FOR IT—THE GRASPING OF THE MIDDLEMEN. ‘A short time ago a combination was made by the milk sellers of this vicinity by which the price of the lacteal was raised to twelve cents per quart, When am inquiry was made ag to the cause of this extortionate price the dealers announced that in the dairy districts: many of the cows are sick, and that, consequently, the supply of milk bas of late steadily fallen of Of course this statement, as it could not immediately be denied upon proof, stood the dealers as well ag the truth would stand them. But now proof is at hand that the rise in price was di not by real exigencies, but Ji: jotated, not by ige pote rdid motives of the cows in dairy dieeriota from our milk supply is drawn are as pee There is no disease am: and abundaat, and their yiel as great as it ever was. In Ovange county t im splendid condition. But in that ounty and in other counties it is a fact not so much milk is pro- duced as could be. The reason for the fact is found im the contemptible grasping of the coterie of milk sellers that from time to time meets in Hester strect, and dic- tates not ouly what the consumers shall pay for the fluid, but also what the dairymen shall receive for it, ‘The dairymen now receive but four cents @ quart, while the consumers are charged twelve cents, The former are now in a state of revol. Goaded by the sellers they bave determined to lessen and have old-fashioned cash trade, is in want waranteed in stock and Axtures; $9,000 requir jent. pseu se sale business. Inquire ot HANKINS, 28 Woe Twenty. an vetreots corner Broad- way. VERYBODY READS THE EVENING LEG: AVERAGE DAILY CIRCULATION, woo MEN FURNISHING GOODS.—FOR SALE, A WELL “ys vd Koa ho Ren oe ons s oading: r Aggh od tare, and having @ tem 0 ie Sitluda & CANUTON, 08 Broadway,” Jessened the number of their cows, because they are ‘unwilling to preduce milk at the price paid them. The condition is just this at present. ‘Tho farmers do not [i go much milk as they could because the deal. yy unon thom, and th latter take advantage of the the fact to Impose upon the consumers. It is now pro- hog i ‘Orange ve county that the farmers should com- rohase Wagons and sell milk t position to at dealers in New York aud the noighbortns the the ge