The New York Herald Newspaper, February 8, 1876, Page 9

UONTINVED FROM EIGHTH PAGE] 1n Thomson. ene nnd Theo. Van Raden to Nocell coats eee schedules were filed in the ma to Maximilian Moses; Andrew Cumming, David were meat in the County Clerk’s oilice yester- Rue, assigned to Israel C, Lawrence; liabili- 8, $2,072 48; pominal assets, i mate poiid ordered in the pty: Renate "iames | F Rell eilly and. Peter Kieman; liabilities, si isesorimehanate 11,666; actual 2st ornate, $1,006, esa anes, $3,900; FINANCIAL AND COMMERCIAL. Another Turn in the Speculative Wheel-- Stocks Higher and Firm. GOLD STEADY AT 112 A U2 8-4 A 112 7-8, Money on Call Loans 4 Per Cent—Investment Securities Very Strong—Governments Quiet and Good Railroad Bonds in Demand. ' Wart, Street, Monpay, Feb. 7-6 P, M. In the absence of any pronounced excitement the Board has been for most of the day occupied In gue: pe riddles. They have been propounded by Jay Gould in his new mythological character of a masculine Sphinx, Brokers who have failed to solve them have weome to griefas did their prototypes in mythical his- ory. The enigmas have been in this wise. Has there Mbeen an imbroglio between the Sphinx and his, hers or ts brokers? What isto be the result of the rupture, any? Isthe market a purchase or sale? In default f plausible answer operators remained for the Part of the day sitting cross-legged on the fence fearing to drop over on either side. In consequence of {this uncertainty, although the guessing at the opening }was for lower prices, 1t turned quite around at mid- day, and the wiseacres of the morning found their con- jcctures all at sea. Evidently a declining market was looked for at the commencement, and this opinion was ‘out by the very evident sales of Western Union id Lake Shore, wnich were attributed to Gould, and pwhich carried these fancies down a fraction. At the wne o'clock call, however, the guessers for a rise had Jehe dest of it, for the. market steadied fora time and then showed a determined disposition to rise, which provailed to the end, There is a mystery about the status of things which is agreeable to neither bulls nor bears. It is like a game at ouchre when the players hi neglected to in- juire whether there wasa ‘‘joker” in the pack, and she holder of the right bower is uncertain whether he possesses the best card or not. On Saturday it was a mettled thing that Gould had sold out his long stock jand gone short of the market; to-day it is doubtful pwhether the whole movement was not a plant, as rwe suggested yesterday, to incite a short interest, with @ whirl upward in prospective, It is said again that ‘@ compact has been made between the oracle and his former satellites which points to an offort to Worce a market, which will relieve the latter of their Moad. Another story has it that Gould has encoun- wered a lion in his path in the shape of a strong bull combination, which threatens to turn and rend him. /We cite theso rumors seriatim as part of the history of the day and because, in a brokers’ market, nine-tenths ‘of the operations are founded upon no better basis Ahan the stories we have quoted. | IfGould is out of his Western Union and his line in Pacrfie Mail he would not appear to have much long stock outside of Atlantio and Pacific Telegraph and [Union Pacific to break the market with. Both of the: wecurities woutd be of little moment as producing an effect upon the general list, Either or both might be Bpilled. out like water without materially disturbing ithe serenity of other fancies, for few people are inter- jested. ‘but himself, With the strong undertone existimg, Qnd the fact that the bears of the Twenty- | ‘third street party are sucking their paws in inaction, it | fis douttfal whether so shrewd an operator would take the chances of a serious defeat, ‘The flurry in Central and Hudson, which carried up Yhe shares nearly two points from opening prices, is anerey not disconnected with an effort of Gould te btain stock, It is not generally known, but itis mevertheless afact, that he has been fora long time Bhort of some thousands of shares in C.J. Osborn & o.'s office, who have been borrowing for delivery at ‘om flat toa nominal rate of interest, and it is also ‘ue that the short sales were made at prices some points below the ruling quotations, and that, although peveral attempts have been made to cover, the stock pias takon’the bit in its teeth andrun away from buy- yers like a fretful horse from a groom. | How far this spurt to-day is connected with Gould’s {Mestre to cover and how far it bears upon his designs mpon the rest of the market may be cleared up ina wlay or two.- Although the Supreme Court at Washington failed to wender a decision in the Granger cases the Western stocks participated in the general hilarity which closed he market and finished at the best prices of the day. | Whether Gould be short or long, or whether the va- rious ramors which were flying about blindly Bike bats in an illmminated cavern be true or false, certain it is that from the early market, which looked as if it bad the megrims, to the closing one, which weeméd to be exhilarated with a drop too much, the whole @ay’s business was fn as intricate asnarl asa Mangled skein of silk. THE SALES TO-DAY amounted te 123,000 shares, which were divided among Ahe active stocks as follows:—New York Central and Hudson, 3,910; Erie, 1,740; Lake Shore, 22,600; Cleve- Rand and Pittsburg, 248; Northwestern, 6,300; do referred, 2,900; Rock Island, 2,300; Pacific Mail, 13,200; St. Paul, 9,100; do. preferred, 8,650; Ohios, 10,000; Western Union, 59,500; Wabash, 725; Union Pacific, 1,350; G, CG and 1, ©, 100; Panama, 300; Dnited States Express, -780; Iron Mountain, 1,013. ‘ OPENING, HIGHEST AND LOWSST FnicEs, The following table shows the opening, highest and lowest prices of the day:— ib) Lowest, as 11g, 136% 1365 IDs 16% rer 65% 6% 6% 42g 415 6336 62% 10954 103% Pittsburg... 94% 94 BMiiwaukee and St. Paul 42% 41 Milwaukee and St. Paul pr. 8 1% no ped Migsissippl. 225 21% Dow Ji 10945 10956 9 118% Osx 6355 6 5 73% 76% 20% 20% 85 hy bet 130 130 CLOSING PRICES—3 P.M. Lacifie Mait COCaT... OS ST, deickaven ss iy be itaw ana an uiekstiver pt, we 4 aH . a Dear Land aM. ® ido” 30 a 2 svdopt a1 fe Shore... 67% 3 oa en . Pe Tol & Wab.... 9 Union Pacific. A2'5 Missouri Mac... Pr oe Ths 78 ‘The following are the changes in closing prices com- pared with those of Saturday :— ADY. —Atlantie and Pacifie Te ‘aph, ; New York Goat 2 Mi Michigan Sentral’ %; Delaware, ; Brie, 4; ‘Lake Shore, ro ‘Northwest common, mon, 5 do, pr 4; Ohio an meri eg ign ey Mail, 4 ag Mj ‘arn jaan Pacific, “i ido ce Pilea aatke Contral, %; Disiriet of Columbia & & StafioSaky.—Erie in London and te INVRSTMENT SHCURITIER re strong. Rock Island sold at 108% a 1004; ‘Dela ware, Lackawanna and Western, 119; Delaware and Hadsop, 120 a 12054; Panama, 150; Cleveland and Pitis- 943¢ 8 047%; New York and New Haven, 15054; States Express, 66 a 69; Morris and Essox, 10234; York Central, 14 THR MONEY MARKET, ‘on Gall loatis was quoted at 4 per cent, with 3 3h per t.on government bonds. Discounts cenit, but the amount of prime com- NEW YORK HERALD, TUESDAY, FEBRUARY 8, 1876>-WITH SUPPLEMENT. ‘ mercial paper to be had is. small. The following are the rates of exchange on New York at the undermen- tioned cities to-day ;—Savannah, 5 premium; Charles- ton, par to 3¢ premium; New Orleans, 1-16 discount to par; Cincinnati, 750. to $1 discount; St. Louis, 75. discount, and Chicago, T5e. discount. Foreign exchange was steady. Prime asking rates, 4.96 and 4.994, Selling rates, 4.854, a 4 85% and 4.89, Reichmarks, 95%{ 9 9534 and 964 0.9624. Cables, 96%. Prime Paris, 5.13% and 5.1154. THE GOLD MARKET. Gold opened at 112% and closed at 112%, all the sales ofthe day havingbeen at these figures. The rates paid for carrying were 3, 2, 244, 3% and4 per cent OPERATIONS OF THE GOLD EXCHANGE BANK. $1,229,152 125, 301 + $83,891,664 CLEARING HOUSE STATEMENT, Currency exchanges Currency balances. 8,031,986 Gold exchanges. 154 Gold balances... . 1 459,625 The sum of $5,600 cotn and $48,000 bullion was shipped for the East at San Francisco to-day. THR UNITED STATES TREASURY. ‘Tne Assistant Treasurer paid ont to-day $187,000 gold on account of interest. and $399,000 in redemption of five-twenty bonds, Revenue receipts to-day Customs receipts Bank aotes received. GOVERNMENT BONDS. Government bonds closed firm at the following quo- tations:—United States currency sixes, 12534 a 12554; do. do., 1881, registered, 1225 a 122%; do. do., do., coupon, 122% a 122%; do. five-twenties, 1864, regis- tered (called), 1144; do. do., do, coupon, do., 114%; do, do., 1865, registered, 117% a 118; do. do, da, coupon, 117% a 113; do, do, do., new, registered, 119% a 1193¢; do., do, do., do., coupon, 119% a 11934; do. do., 1867, registered, 121 0 121%; do, do, do., coupon, 121% a 12134; do. do., 1968, registered, 123 a 12334; do, do., do., coupon, 123 a 12334; do., do. ten- forties, registered, 1163 a 116%; do. do., do., cou- pon, 119% # 119%; do, fives, 1881, registered, 117}, @ 117%; do. do., coupon, 11734 a 117%. STATE BONDS. State bonds were steady for Missouri long sixes and 34 higher for Tennessee sixes, new, and Virginia sixes, consolidated. District of Columbia 3.65’s sold at 71M a TL. RAILROAD BONDS. Railroad bonds were strong and higher, the Chicago and Northwest gold sevens having been the feature, and advancing to 90%—a rise of %. The other changes were as follows:—An advance of 1% in Western Pa- cifics, $ in Milwaukee and St. Paul consolidated sink- ing funds, 34 in Morris and Essex sevens of '71, 3 in New Jersey firsts consolidated and Chicago and Northwest currency cénsols, and in Union Pa- cific firsts, Harlem firsts were strong at 11734, and Morris and Essex seconds at 110. There was a decline of 4 In Michigan Central sevens, Ohio and Mississipp! consolidated sinking funds and Louisville and Nashville | coupons of °98. American Dock Improvement Com- pany’s sevens were } higher, while Western Union Telegraph bonds of 1900 were % lower for registered and coupon issues, Union Pacific Orsts sold at 103%, and Pittsburg fourths at 102, BANK SHARES. The sales of bank shares were ten Park at 125, thirty American Exchange at 115%, sixty Bank of New York at 191, and Ove German-American at 79. ‘THE PORRIGN MARKET. The London advices report the rate of money on the Stock Exchange on government securities at 3% per cent, Tho rate of discount in the open market for three months’ bills ts 834 percent, or }¢ percent below the bank rate, Consols for money were un- changed and higher for the account. Amercan seouri- ties wero firm, The Times’ financial article says the market is bare of United States now five per cent funded Joan, At Frankfort new Sves advanced to 101%. Rentes in Paris aro firmer at 67.32%. The following are the quotations at 5:30 P. M.:—Consols for money, 945-16 a 943%; do. for account, 94916; %65 bonds, old, 105% ;, 67 bonds, 100% a 109%; ten- forty bonds, 108; new fives, 10534 a 10634; Erle, 153. Rate of money at Stock Exchange, 3% per cent. Ivisreported that Messrs. J. and G. Henderson & Co., grain merchants, of Liverpool, have suspended. Their lrabilities are reported at $1,500,000, though their assets are good. MINING NEWS | A telegram dated yesterday from Virginia City says that the water is still rising in the Savage mine, and that the 1,900 foot drift is full; that the pump and tank | are running to their full capacity, but the pump is nos able to keep the water down. A rich strike of ore is reported 1p the bottom of the Raymond & Ely shaft. MINING QUOTATIONS. The following table of prices of the prominent gold and silver mining shares is furnished by Mr. William | Ward, Drexel Building, as received by telegraph from | San Francisco:— Feb Feb. ares dy a 4 Changes. a om om oe Declined 1 Fy ae, ey oh 69 «62 «69 «89 ‘Declined 4 32. 83. 82 af wes 83 83 82 82 Declined 8 9 9 92 95 95 ay Con. Virginia.426 422 428 422 422 Declined 4 Crown Point.. 24 23 24 24 28 Declined 1 Eureka Con.. 16 16 16 16 16 as Gould& Curry 22 21. 22 21 Q1 Declined 1 Hale & Nor- cross....... 61 54 53 52 62 Declined 9 Imperi 9 9 9 8 8 Declined 1 | Justice. $29 «28 «629 «688 «87 Declined 2 Kentuck 364 Tel ee ae pas Mexican...... 26 19 17 19 19 Declined 1 | Ophir . 64 69 «60 60 Declined 2 65 63° 63 63 Declined 2 20 2 21 19 Declined 1 a 20 23 20 20 Declined 2 | Sicrra Nevada B 22 23 «22 20 Declined 8 | Silver Hill....22 12 12 12 12 es |} UnionCon...10 10 10 10 10 ae | YellowJacken.105 99 104 102 103 Declined 2 PILADELPILA &TOCKS. The following are the Philadelphia stock quotations | at three o'clock this day:— Asked, City sixes, old. 103% City sixes, new. 108% Camden and Amboy Railroad. 139 140 Pennsylvania Railroad, ex div........ 64K 04% Philadelphia and Reading Railroad... 62 bag Lebigh Valley Railroad... BK 63% Catawissa Railroad, prefe soeeee 4535 46 Philadelphia and ‘Erie Ratiroad. » 2% ay Northern Central Railroad. 38 8855 Lebigh Navigation...... 61% Lehigh Navigation, gold loan. 104% ‘MEMORANDA. It is currently reported that the pooling arrange- | ments that have ‘heretofore existed between some of the Western lines are being dissolved. If true, the fact precedes another railway war. ‘A Washington telegram this afternoon says that the House has agreed © a committee of conference on the District of Columbia 8.65 bond bill. Other items relating to currendy affairs in Washing- ton will be found under their appropriate head, The annual meeting of the stookholders of the East- ern Railroad is in progress in Boston. There is a large attendance and an excited discussion. Several plans for relief were presented without definite action as yet. Treasurer New proposes to resign his present post- tion atan early day and resume his banking business in Lodtanapohs, NEW YORK STOCK EXCHANGE SALES | Mowoar, Feb, 7, 1874. pRnORE CALL—10 A OM. 100 shs Chi & NW ioL Saws k Banat | 41% pf. Ww Ppt ABASESSS ASSESSES: TO) Mil & si 4 do. 4 do 41 do. al do. a do, 4h do. 41% 400 Obio & K 0 La 21% 500 do. aig «0 do 21 100 do. 21 20) do at 70) do 21 B00 do. a do a1) 10:15 AND 1:30 A, M. er 6's, ¢,'81,. MoU g8009 U85" | TH) US O's, ¢, "BL, 00 do. = dh M. 99000 M. 200 sha W. TT 10000 Ti wont Of it Rees 1 7000 Va HR. ...be 80000 Di Te) Pac Mall S3""be 2000 ©, 400 do. 35 2000 At 100 10000 M 100 34 2000 M mm 3. 1000 M 35! 7000 180 ciew Rik ete 94 4000 N 18 see Ml 1000 6 110 Mich Gow iit ’“b'e 60 3000 ig S 60) 2000 60) 11000 6o7 1000 68 2000 66 12000 6 68: 66: 66: 66 10853 6 bx” oy raed os es Ss 68 68: 100 do. Cl ee 300 Chi EN W.o'be.0 41 200 ‘do. ‘e 41 41 41 6s 6s 6s 63 63 63 3 te pene ee 100 St EKO EN pbs 100 Mo,Kan & Tex.) 0 Far Seep be 0 Moré Bea PRR. be 10) Olio & Mias...-bo Eo pieeser PS ee ee EESSE 400 500 100 200 21 BEFORE CALL—12:30 P.M. ne Pe cot ae 1500 sha Mil & St P. 41 1000 L & Néon. i $85000 US 5-20, ¢, 10000 U 8 10-40, r. 4.000 U 8 S's, x, '51 HE ZEEEEEESE BLZSEZSSSSE FT eee yeteeeHE SEEEREERE ce ag SeEeScE geese 900 Too Mich Ge kik 61 100 NYC 8H BRR, 1 oo 20 do Pots a" do... 100L8 &£MS8 Ri COMMERCIAL REPORT. cCoTTON ON THE sPoT 1-l6c. LowER—rFU- TURES LOWER—¥LOUR PIRM—WHEAT FIRM— CORN FIRMER—OATS STEADY—PORK DULL— WHISKEY EASIER—LARD DULL—PETROLEUM QUIET AND NOMINAL—SPIRITS TURPENTINE QUIET—ROSIN QUIET—OULS UNCHANGED — FREIGHTS QUIET AND STRONG— COFFEE QUIET— SUGAR QUIET. Mowpay, Feb. 7—6 P. M. The merchandise markets were gencrally quiet, but prices were in some cases decidedly in seller's favor, On Change flour was firm though the market was dull. ‘Wheat was quiet but firm for all kinds of spring. Corn was in demand and firmer for both old and new. Oats were steady, Whiskey was easier. Pork and lard ‘were dull and almost nominal, the former being firm and the latter easier. Preights were quiet but firm. Cotton was quiet. “Coffee ruled quiet. Outs were quiet aud unchanged. Petroleum was quiet and nominal Naval stores were quiet. Sugar was quiet, Corvax.—rbe market for Rio and Santos was quiet Wo note sales at Baltimore of 1,941 bags Rio, ex Bernard; 4000 bags do., ex Slovanka, all on private terms, and late Saturday 2,500 bags do., ex Bernard, at 16%¢., ‘and 2,000 bags do., ex Yamoyden, on private terms. We quote :—Ordinury cargoes, 15340. a 15%. ; fair do., 17\4e. & 17%; good do., I7Ke. ® 186; prime do, 18\c. a 18kgc.; Santos, fair to good, 170. @ 18, gold, ninety days; Java, goveroment bags, 24c. @ 26e.; do., grass mats, 240. a 27e.; Singapore, do., 20¢. a 21e.; Ceylon, 190. a 20c. ; Maracaibo, 18¢. a 103¢0.; Laguayra, 18¢. @ 190.; Ja- maica, 1734¢. & 19. ; St. Domingo, 15e. a 153¢¢. ; Porto Rico, 186. & 19}¢e. ; Costa Rica, 18e, w 19}je.; Macassar, 200 « 2ic.; Mexican, 18¢. 9 19¢,; Manila, 18. @ 19¢.; Angos- tura, 180. « 19346. ; Savanilla, 17}ge. w 193¢¢. ; Curacoa, 176 a 10K. \oTTON.—Quotations for yt cotton <% arked down 1 ioet market weak. Puvaree closed quiet, bi a cak es of, prices. The closing prices to-day compare wi Bath rdeny pees" al 4 alas Aihe toliowing quotations are ‘Gased oa Amertoan Of ciassification and on ¢otton in store running in quality not more than bait © grade sbove or below the grade unoted — Uplands. Orleans, Strict good ordi Bia dating. Birict low mi 1 tri oot granary, ie Maladling. L he sales es $0 Few "30 up to two P. 12:27-dite., SS alone nsctos, Sth), at 12 March, 80) at 13. 1-160., 12 rst 2.0 at 19) Ich 4, Wilmington, josion. 74: Fitsactante | to the 4 ae leet, week. 37.807; this Be. per Ib. Lambs at Te. perth. Jui am preniber ‘hf $082,778 Balen 8 $id 182 Tiinals sheep teat eee be per ine 150 ot setton, wile ‘closed ‘as "follow oye ater % Bliinois sheep, wolght D. Ibs., at O8¢e. per Ib: also sold Lig by steam, Ii vssed. K ring the past week 4,055 sheep average per head $5 Bremen fo Suns presen a a Ie. Tad 4 best id ie Obio ‘sheep, b iverpool, by stoain, 5-i C4, Per bs 85 Ohis shee ‘Pion aNd rat —eceipdsFlow ba 3 ne weight koe et te i tine iat” Gos sistat onmmh AE 5 r buabels ; 621 do. barlov, 14, i ha alts Mtinols aogp, weigt. 40380 fy ber aS tite 3,978 do. "rts four F maseos was dull, bi Theveeley | a Fo be weight | 18,950 tbs., Der I. also, 99 including 8 tern and Southen, were only I ing this past week, 7,403 sheep: avorace per licad, $6 Ox Is. atiprioos ith our range. Com moal war niet by Li by sold 199 Ohio sheep, weight 17,580 Ibs. at Gee. ots eae of 100 bole. $350 a 89 55 for Brandywine | per Ib. ; 200 Olio sheep, weight 17,030 1 and $3.8'$3.30 for Westem, Jerey and Peuoeylvanta | 259 Obio sheep, woight 20,72) Ibs., ow per bbl. We quote :— sheep, weight 19,090 Ibe., 96 Be. por Ib, | 62 lan No 3 date «#325 a4 09 10 lbs, at 7: ib. Hume '& Elliott sold Superfine Sinks 450 eo. wel; end Ihe, at Odge. per Ibe; GAL Onto sheep, Extra State 3h Be. “per Ib: BH Odio’ sbeep, Choige Sti 600 Wweiait 3 190 Ibe’ Bg 6c. per Ib; 190 Ohio 8! Suporfive 400 ee Ie 16,306 Ibs.» at 62Ge. or Id. 373 ‘0 Extra Western 525 inneseta. . 6% | 1 Round boop $3 | te. shee} t Round hoop Ohio, trade brands. 6 50 | Ib. sheep, weight, 20,900 ibs., at Tice. per i amily 8 09 | also va dang this past week, 6,372 shvep, averace Bt Lo 6 25 | head, 8 ich cows mm moderate demand, at $00 a $75 | St, Louis, straight extra. 6 50 | per hend, cmives included. St. Louis, choice doublo extr: 8 00 | | VaaL aap Caurus—Smoeth quality veal sold, at 100, per Bt. choice 950 | Ib.; gross eulves, quoted from Pennsylvania, sold at 4c. a Rye flour, fine to supertin 5 35 4g ber ‘per t ling quality poor. Southern, No. 2 425 re were no live Bogs on sale. Southern, superiia 49 pia ea Bouthera: fant Bios ou DOMESTIC MARKETS. ‘Gorn meal, 3 340 Gatvestox, Feb. 7, 1876. mer H ey a 15 ene 12\e. sg 3a 1L3¢e. 5 good or Net ‘recelpity 2.593. baivn: Gorn teeet, pusenaons, 20 00,620 50 | Groat Bis gomp: rashols at for ring w ORLEANS, Feb. 7, 1876, in store, $1 Oo $1 10 for No. 3 Chicago in stor x) Bor Cotton: quiet; miditling, we: low middfing,’ 1L14ge. 5 0, afloat, $1 12 for No. 3 Milwaukoo in store, $1 26 for No. | good ordinary, Occ. Not reesipta, 00s) halen; roms, 2'do. im store, $1 05 for no grade winter, $1.20 « $1 30 for | fuga “Exports—To Groat Britain 4260; to France common to good red winter, $1 35 $) for good to choleo to the gormennt 4,730; coustwike, 1,496. Sales, ‘13,500. do., and $1 40 for white Canada in bond, Corn was | Stock, 384,303. firmer, with sales of about 100,000 bushels at S73¢0. @ O8e. for ont, Feb. 7, 1870. no Sis for new saltad, Use te very” ebakon da. OAs; &. | | Cotton quiet and stead, snidaing! A2iye. low idling. 1 good ordinary. 9 BS receipes, 2,4 balss:' wEports to Fraaoe.*l,000; constwise, 300” Bales, ley malt was also quict at Biate st 10 nu 20 (oF (aE Pat yor 22 for six-rowed: do. Oats wore steady, with salos . for infortor Western bushels at 42c. 9 50e. for No. 2 Ohi tor State mixed on track, and rp mixed. a $1 25 of about mixed, . 480, for No.2 New York in: dec, & Gunna were quict and unchanged. We quote :—Domos- tie, 3c. ; Borneo, 12) oa ; Caleutta nominally 9gc., and lsc. for bags, heavy weight. Hesr’ axp Jur. rer mot quiet,” We quote Ameri: can $230 for double, $205 ai for ane ‘and Ta si? ‘a $i ea? italian, $250 a €200, olds J Se. gold, Jub jute, bates, Bice. gurroney, Ta to ar Bisal hemp, 4c. a’43¢c., gold 150 no nominal for undressed ; the latter for fine; Russia “Manile gold. ‘MOvasses was quiet. W Cubs, contrifugal and mixed, 22. #280. do. clayod, 30s, » se. ; mascovado refin- ing, 30. a 39c.; 2 es a arouery, de. 4 BNe,: Porto. Itica, B5e._ a 50c.; En) 56." G0. : New Orlouns, fait to prime, 40e. & NavaL Stomgs.—The market was very quiet in all depart- ments, and prices ruled moro or less nominal, Sales were Foported of 160 Dbls., 80 bbls. and 40 bbls, spitits turpentine at 3d%e., but without confirmation. We note sale of 150 bbls, No. 1 rosin at $2 624, and 2,000 bbls. rosin (late Saturday) on private terms. We quote Rive tury commen to good strained, $1 80 ;.do., Wilmin, ven, 0% 25; pitel ‘a itoath quicts B. meat 109, DB. rosin, + Washington, Nigalaston were as $1 475¢: MR Ce, by si 3 Wilmington, $1 50, ‘eas oe jow dip aud virgin, rite ite ade bee a . i, Mest 2)832 ir 4. 250 ‘Os Were quiet, but vricos remained unchanged. We quote Corronseed, crude, & Soe.; Southern ‘80. eaillow,, and, , white anion, Sound, 1 85; whale, crude Northern, gigi trad’ dab Ade, 8 PETuoLEUM.—The market vee inactive end Tie quotations were :—Orude, in bulk, 83%c.; do., 1 refined, in bbls., 1a jeases, at hiladeiphia, 14) 620.; | bbis., 63e leached miner, wins T5c. a Te. ; olivs oS casos. $4 $455 0 $4 40; wiator bloucho chal’ nominal, in bbls., from the Creek mari as follo pally $2 20. Oil Oi weak und declined to $2 0734, with sales of 10,000 at now at $210, with large Duyors; transactions 000; nothing doing in futures ; imme: iprents nominally $220, Konsovilio quiet nd firm at $2 30, ‘Tidioute quiet ar Parker's quiet. United, Union and Condatt, $2 05%" shipments, $2 30, 1 bbl PRovisIONS.—fteceipts—Pork, Yar tierces and 50 kegs; cut moats, ackncee, deck 287 tlerces; #4 bla “and Rho pork market was fra, but The closing price: aakeds Apel: $21 9 170 bid, ry i asked bid, B22 2 May delivery, 750 bbls. June dell meats wore steady, with sales of 45 boxes “Sioar belllos at a 12kKem 1: $5,000 Ibs ee jtaibs. average, on private terme, @ 13¢, for fresh hams, 12\,c. The, for fred. bellies, 106. ‘t 12ige. for pickled Lie. a 12360. for boxed con Was quiet bul Ho. 0 1240. for city, and 11dc. for We Des 8 tbs: loose pickled bellies, h ted Se, for plekler Sig. oso tierees packet at $19 50 a erms. Beef bi vin Today even at the decline, The closing prices t deliveries were ne follows “February, $12 oh, $12. iW bid, $12 jercon, April at 2 05: and ‘di Febiraary, at $12 BO; 250 tiere tervals, 250 tieros: tierces, May, at $13 15, at $13 0736 and 2 market for nets was firm. We quote Pycyt datries, | A. ae to* ba the 2be. @ 27e.; choice to fancy, hoice fresh tubs, 35cm Ske. Sholee, 33e. n'30 da,, fale 49 00d, 16¢. firm bit tees Tiger} arn , fair to. Obio factor —Sarolins, isir to Fouisians, common to prime, Sige, a Bly $0 good, be. «Oye: Vata, good, rey goon, in bond. $2 50 Id, In bond. a fe Oe eaariak wae guibtiainl mors or lowe Wo quote —Falr refining, 7c. « 7c. eood Cuba, groe tair to _, Bae. a al, hhds. and boxes, Nos 8 to 8 asses. hlids. and boxes, 62ge. 7 saan” prime, . TOlGel: cut tones 11 STRARINE Was quiet, but steady. Taitow.—The market was <8 OG. evendare powdered, 8 a LOGS 9) ‘dy packages; bacon, 1,907 1 x, et carcely anything, was done, Aa ‘7 ofa. = 13 Iba. average, ab 124. ‘and 1 wi mess ®n rong, with e Light su oted at $26 a $27 for prime Western. was Macias) srster, nwish verg. lie soasifont tastination || 1,334 cases. OnvY. At 000 at Lg led do... tose ae ud t firm at ar. for hams ith Lard 1295 D tiercos, February, uring in: es, April Buner—Tho demand was light, but prices were steady. Wo Rangoon, in bond, at $2 474g a $2 50, rime, 6c @ 63 ; "Rangoon, tair tee, gould; 'Ran- e. nominal, y. prime being quoted at ‘niskey.—Recatpts—4 dbs. whiskey, 200 bbis. high. wines and 100 bbis. alcohol. The market was dull ani 7 bola. sold at $1 1239, Funicnrs.—The tout of the general market prese strength, with more liberal arrivals of vessel acceded ta. Still the! vera! cases Instance, gr grain veanole (of suitable eapacity, 9 Bow quatiers) wore held at Za., closed at s, fon onthe part of hippers to bold out till thetr offers it eet Bide, were aot sovapted, d easier cyte ey the difference,” and a part lowing business was Mretected in this tasaase > ter, of about Od. all Dulk. “Room to Liverpool, per steamer, on the borth ‘yes somewhat weak; but agents demanded ‘tori Onis in exceptional cases were any concession Apart from the foregoing the mark: iy interesting. cugemen steam, bot hesahabe states” ag pa Osgd, por 80 ibs. The An juarters grain, all bulk, nudom with, 6,000, quarters hence ‘to rumor was current of a bark being closed hence to charters trian bark, hence to Cork for orders, at Us. a; @ Britiah bark. Gs. 1354. Falla ia to Oark British bark (now at Sandy Hook), from for orders, with 7,500’quarters do. 6s. 6d. ussian bark (to arrive) from Baltimore to Cork for o1 with 00 | quarters do., all bulk, 7s., west coast Ireland exeluded the Bi tic but not authenticated; @ Boston bark of 700 tona, hence jediterranean, with ease oil and general cat owner's uccount; an American bark. 500 tons hence with eneral cargo, Ebony oe lump som, penton for provimons a Spanish brig capacity, ence to a direct Bpanite port, with refined petroleum bbls. and cases on owner's necount; & Norwogian bark, Sees to Havre, with 3,800 bbis. ernde petroleum at a a Nortegian bark, from Baltimore to Dublin, isn Sabo quarters grain, at ie 5 a schooner, 337 tons, from Georgetown to pesca at $1 05 per ton, and 583 sg pag Mg $1, and one 37% tonsa, thence to { five schooners, to New York from as i a ieed, ad, with, ies, at $1 por ton, iladelpbia, same rete: one to Bal ; one 513 tona,from Boston to Mobile, ‘one 420 tons, thence to cargo. at $13 90, gold. at $1 ‘and three thence to Imore from mt Demarara with ico ond’ rs ndeal NEW YORK CATTLE MARKETS. Moxpay, Feb, 7, 1876. Yards. Sixtieth street. Forty eighth st. Fortleth street. dorsey City. - 877 «(81,871 21,068 slow at Tic. 8 1830, pet Ibe, welhts Brew i weights Bewtaldewt. ‘The quality of the hords'on sale was in general not good enough to meet the deman: ral cuclonda Geissinen sieeld and, the carbete closed From 64 lbs. vo 58 ibs. hus been allowed net. At Sixtieth street ©. Eastman sold for self 387 Jiinoie steers st OX me 1asie. por Ib., with a fraction off the aS ewt. gr bawlaroold ot 3. top steors, wel ‘i rt 10 fc. por Ib., weight Oly owt | 24 ‘tise me ot 530 Ibs. Be por bond, at 7e. s ilinole aveeta, Baseball Merritt sold for ty OL Kentucky. steers at 10% * Hinols orks B. Crookes 148 1 Tutte steers (88 10s. neral sales @t 10sec. pet i, 7 ‘sold for self 83 Lilinois et Sones, Py ‘ Binet tie peel ante on & Oni u w Steers, ot 1208 ° Nights Sewt, 49 Pipi naa ae OF. fA Ib. yee eet whe 5 ow; per, ‘en, Weights 6 cwt. strong a 7! pint 46 Mlinois bails at 8 123¢6 per Ib. Mth one, steer 14 ewe net; ‘steers, Ulere & Cary Dadi « weight OM cowl, 5 steors, 120. per eve, We selt, 67 [linois cwh AL Morris & rte gron be owt 8 tor Pe oy is ib. win $1 of sr Me Dic hend, weights 1,280 Ibe. et 1 508 aed ad. W, E. Dudley sold for Leelat Bot Mhnots pA, rn LS oye & Waixels ay owt. we 10sge: per thy oer Hbesh Co. 224 ‘Rentucky an oe pt ‘ec. Sie or weights 644 ewt. a 7% owt; Hissouri seers at 10! 1 1D. weights puree anv Lamba In large fovesreserty oN of tee when the market closed at mova. piggy suid at : dschmidt sold for Saddl for woeral 8 tO hand fie hy Hi Co. & 10K. per Ib., walgiit 6 ewt.; for a | Loxnow Propoce | | F Ib. ;held on Redford | iuols siders at Sige. per Ib, srsights | Co for on Welt a. r Brock, 93,961, Savaxnau, Fob, 7, 1876, Cotton dull and tower te sell, nominally unchanged ; middling, 12%. low 113 ood ordinar; 10%. Net” receipt 2.264. Expor To “Great Britain, |. Sales, 1,293, Stoek, 87,192. Cuarceston, Feb, 7, — Cotto dail: middling, 22%%e.; low uitddlln, Baise. j ood ordi 10%. Net ee ‘Sot bales, Exports print si, pal, 600, Stock, 59,288, Burvauo, Feb. 7, 1876. peas, 1,378 Uo. + a hanged: "Wones Revert eat fea bt aise lemand, but unchange oat Sir es, ushels No. athe ach Su private terms; 1200 do. hurd Milwaukeo on private terms; 1,200 do. white Michicun 1'Sa Corn "Fair demand: BGs. santee’ salen, six cots naw, st 608, Bia. om the, task; 10, ogre sew, perive, 08 ivi nemiected, | Ry Barley rm inauiry iood; sales, shola Canada, at Oc. 6 Be. on the qui bgp at eno 50 for heavy mess. Lard quiet et tis, a 1aXa ilighwines uominel Toteno, Feb. 7, 1878. with @ moderate demand. ' Whoat’ firm No. 3. bite Wabash, $1 20; Mo, 3 white 29; No. amber Michigan, chy 1 20" J, Typcted sed, boet or bigh a ag 4 fei ee E fo. $8 10. Dressed ‘boxs 000" bushels; corn, ry Flour steady held higher; ae: aes ff a0 xbd. a5} jow ini narod, Pssuert whites te gate | Clove: niet at’ $9 10. one 1059 do, : oats’ 2,000 de" Shi pments— ‘heat, 6,000 bus! corn, 11,600 do. 000 do. Crucaqy, TH Flour=Demand fair and market fra Ww. extrs i sped eo fans Each to fancy, Sheed: ‘$4 75 37 serene abitae at fh eS id . apa rejected, O73" Corn— man tae he Prices have advanced; No. 2 mixed, 400. e., spot; se. bid March; 453%c° bid’) May. Dabs quiet be rm, aad a shade highor ar le. 0 S140, spots Bise a Shc, March, Barley dull and & ‘shade lower & TTc, spots 6c. March. Rye nominally unchanged. Dressed hogs du ‘and lower at $3 75 a $8 josed ut $4.75, Pork. mind but at lower rates; sales a4 $20 25'a $20 27 sible, Re 1,000, corn, 97, do. ; oats, Hand 18,000 6, 760 do. Shipments— 5 do, Flour, 7,000 bbls. wheat, 12.000 bushels; orn, 8,000 do.; jarley, 12,000 40.5 rye, 902 do." At the ah fear at $1 O2cash, $1 Seats tone Mer $1 Corn firmer at Oe, Mu Pork Sead unchanged. ‘8 $20.35 March, $20 Go a $20 616 April Lard oasier at $12 30 Murch, $12 423g April. EUROPEAN MARKET. MARKET.—LONDON, Feb. {ng.—Sperm oil, £96 a £97 per ton. re ooo FINANCIAL, UGUST BELMONT 4 Co. ‘Bankers, Toand 21 Nassau stro Inetie Travellors’ Credits, avuilable in all pars through the i Messrs. DE ROTHSCHILD | gnd their correspondents. Also Commercial Credits and Telegraphic Transfers of on California and Europe. FROTHINGHAM 4 CO. ARE OFFERING | Privileges on this active stock market atverydlose rates, 4—Even- fa ot the world, s; | Contracts issued one month ago, costing $50 and upward, are now worth on many stocks from five to ten times the cost. Any stock at the Exchange bought or sold on a margin of five per cent. Address, tor information, ALEX: FROTHINGHAM & CO., Bankers and Brokers, 12 Wail te DEFAULTED RAILROAD BONDS bought and sold by the old ALBERT ers and Auctioneers, No. 43 Pine ste New York, N, B.—7, 8 and 10 per cont choice Cit; Investment Securities our specialty 12 per cent; {nterest promptly paid; for sa (Puiery vist ANNUAL yerORT ofthe Now York Life Insurance Company. Otice, 946 and 343 Broadway, ; Jancary 1, 1876 | AMOUNT OF NET CASH ASSETS, JANUARY 1, 1875...0--scscesevsessensse ++ 897,148,777 83 REVENUE ACCOUNT. Premiums and annuities ......60,069,002 81 Interest recelved and accrued, 1,870,658 34— Total, | DISBURSEMENT ACCOUNT, - $1,024,814 89 7,989,001 15 | Losses by death Divide and returned pr id poll 2,481,696 96 dowments, | and = reine surancos. ee brokerages, und agency expenses... and ate 182,400 89 861,918 08 67,501 26 280,114 03— $4,918,535 07 | ASSETS, ash {n Trast Company, in bank and on band ++ $1,768,201 26 p Invested in United Stave \ New York city and ott Socks caarnes. vain 633,2 7,154,191 05 1,820,240 53 nouns loaned. buildings con insured —_ for $13:117,000, und ‘the cies assigned to the Com- pany as additional collat husks 17,685,597 50 policies C iy 7 oe ‘ompany on tl poli- cles amounts to $4 ‘$4 000" 685,728 82 463,269 64 ie cies in course of transmis | sion and collection (esti- policies $190,000, Included | elu fe iabtlivieny 105,941 64 Agents! balances 27,111 49 257.190 86--#90,108,002 60 | securities over cost. Cash assets, January 1, 1876. Appropriated as follows :— FINANCIAL, BAZLEY, BROKE! 1: ILEGES" ON MEERS er OM 4 LUSIVELY * BEF: ERENCES TIN NEW YOR AND L ADING ¢ ITER, NEW BOGK, JUST OUT, ON WALL #7. Witi is engraved illustrations, coutaining valuable iuformation dor stock apeculators, end’ how riske muy be litaited ‘and prolits increased. Sent free on applica: TUMBRIDGE A 0., Banxers and Brokers, No, 2 Wall st. AT REASONABLE RAT! MONEY ON LIFE Endowment Jusurance Policies, M rtgages aud other securities; Ears ee of all kinds effected with best com- panies J. HABRICH & CO., 117 Broadway. r cent vk om Sboeke Speeuli Stoek Brokers, 10 W, 4, New York, ANY AMOUNT OF MONEY TO Lé ved New York or Brooklyn property ; ho bonus. KEWSTER d& DE W182, 112 Broadway (basement). EAL WAYS liAVE MONE® TO LOAN ON MORTGAGE, No city Property, Prneipals desiring to BOR: VE apply to H. L. GRANT, 145 Broadway. BAVITT & Bpecialty trust fondy on first mortgages on roperty in this city und vi nity; apy amount! elshout onus. : FADVA MADE ON ALL eins erictdy cuntidone'al “h3n tod Herald offee: ‘ONEBY ON’ FIiST, Mortgages at casiost or having fonds to invest shou TAKE, room 8, 150 Brondway ONEY LOANED ON MoRTGAGE bons, spon city Proper, sppuic 4 ND AND Partios quickly, ERCHANDISE WANTED POR CASH AND NOTES ‘Also, Stocks, Bond’ and other Securities turnished om ry liberal terms for Merchandise: assets { vt munication swrictly confidential Addr id fies. ¥FICE OF BRIE AND PITTSBUS N ( Company, Erte, Pa.. February 1, 1876.—The under signed will recvive iproposale until noon of Saturtay, 1th inst, to sal ta tiecompany $35,000 of the Buuins Bonds of sald company. dated 870. Address WILLIAM L. ident, Erie, Pa, MPRUST MONEY TO LOAN ON MORTGAGE, FIVE years: without bonus, on city property. Address Guard box 1,916 Post office, WASTED-CITY OF CINCINNATE SIXES, | FOR which full market value willoo paid. Address A., box 2,700 Post oftico, ] PER CENT PER ANNUM WILL BE PAID FOR A loan of $10,000, secured by mortage on naimproved agricultural and developed minerat lauds tt Colorado. valued at $50,000 Principals enly need address FINANCIAL, Herald office. $15 000 FIRST MORTGAGE FOR SALE—DUB ). 18 months, upon tem lots, worth $35,000, neur Sd av. bridgo; frst class bondsman and interest al paid day itis duo.’ F. G. & C. 8. BROWN, 90 Broad $5 0.000 WANTED ON DRASEHOLD PiOI 9) erty, worth. three times the amonnt at prosent’ valuation, Address W, PF. OWENS, No. 52 Broad- way. TO LOAN ON BOND AND MORT- aEnk?. fe five youre, tn suns 10 anit, ‘AN & MERSEREAU, 52 William st, $500. UL sutra BU SINESS | OPPORTUNITIES. TO PUROHASE & (goods patented) whieh is pay- F month on an investment of $15,000 in its ing 50 per cent first y the ye: ten m spot cash b $1 can get the facts by scaveastag, wists res. class, reforen 4a to character and 2 finances, before Saturday, the 12th inet, UPON HONOK, Herald office. ESTABLISHED FOR years ® retail, first class bu eopt ie labie for tironiinas teacen te sion, for whleb @ part of their store could be roserve moderate compensation. A. Herald office. SP) SIAL "OR ACTIVE PARTNER WANTED 10,000 in the Timber and Manufacturing Bi ess; business has outgrown capital; best reference ¢ and required. Address, giving full name, box 300 Her o A. Sarckees a tall Interest ia 0. tiat, elaes-Oountry Stores how doing a business of $54,000 per annum; trade guarans wed Address box 200, Portland, Pa. YOUNG MAN (MARRIED) HAVING A GOOD PAY- ing business wants a partner with about $1,200 to en- Address T. L., Herald ofice GOOD STEADY AND INDUSTRIOUS MAN CAN iarge . Le bear investi gation, for sale or exchange, either whole or half; a party familiar with the business, ‘but for want of funds to take the whole, is now ready to take an interest if desired. - BLOMQVIST, 160 Nassau st. BUSINESS MAN WITH $3,000 CASH GAN SE- cure permanent position; liberal saiary and percent- ago on profits; references and satisfactory security given. room 13, iT IN THE BEST LOCATED COAL YARD in New York, well stocked; $1.50), with services. EO. D. HANKINS, 28 West 29th ESTABLISHED COAL YARD, LEASB, Carts, Fixtures and everything pertaining to ines is for sale; price, $000 Luquit) at Cowl viice, West at., corner Jane. “SMALL HOTEL AND DINING ROOMS (ESTAR lished 11 yoars) will be sold cheap. Apply on premises, junction of Fulton and DeKalb avs., Brooklyn. man in good, good wages and undoubted security nee seltom offered. 8 tively chi ANKLIN: yy 1d a Lyre Hall LADY WISHES TO ARRANGE WITH A GOOD house to manafacture millinery, lace, snits and fancy foods at her own house; work and price satisfactory. ‘Ade freus MANUFACTURES, stution le, WEST INDIES AND SOUTH AMERIGA— anted, Lady or Gentleman, with few hundred dollarss ‘ lon oportaniy. Address, tor ten da; IRCUS, jerald of Nes CAPITAL REQUIRED, =A WELL ESTABLISHED Life Insurance Company, desires active business men ae General Agente i York, New Jo y, aad Conpe t; honesty and en: pestered to experien INSURANCE, box 1, ‘ost office, New Yor! PARTNER WANTED-—WITH $2,000, IN A SOAP Mannfactery a short distance in’ the country, estab- fished ave gears Inquire of H. PER, 151 Maiden 0 $1,2 iven for ‘the ‘articulal AN OLD ESTAB i profitable Ladies and Gentlemen's sale Apply to owner on premises, 1,120 dd ay. BSTAURANTS, HUTELS, SAMPLE ROC Stores, Gents! Feraiehing H Hair Store, Confectionery, oeeries, Livery Stables ON, Store Broker. 1.207 Broadway J the justed losses, due subse. — to pire mate A, se nt . $903,165 00 Pi } Reported “losses aivaiting > 4 proot,. bs 144,598 66 } Reserved for rein | existing poliei | | pating insuran | At five percent premium... Reserved for contin bility to Toutine fun Pot Seat Seeerre op. azine g policies of that class... Divisibio surplus. . From #1 individed surpins of $2,499,606 73 we Board it | Tranese has declared a reversionary dividend, settlement of next annual premium to partic Proportionate to their contributions to value of such reversion may be usea in policy holders 60 elect. DURING THE YEAR 7.029 POLICIES NAVE BEEN ISSUED, INSURING $21) 190, $27.390,306 44 nt lie. vidend over and aboye «four 908,198 81— $28,146,208 91 $2,400,056 73 MORRIS FRANKLIN, tas eh saw A, BOOTHE. RAvID DOW H. B. ISAAC v. BEADAL, AN | | H TS DEORD cr OBB, } ARTO! EbWik MARTIN, | | Witte FURMAN, WiLuraM i BmERs } MORIIS FRANKLIN, Prosidont, WILLIAM 1. BEI. Vico President aig Actuary, | dore M, Banta, Cashier. pet Agencies. | th Medical Examiners, | cials connected with coal mining companies. The | dotphia and | epitome of the views of the several officials of the Dolar | ware, | van | Company. | questions, said; House, pei ‘¢ ORALe U USUAL BUSINESS OPENING TO THE RIGHT party with $1,000 cash. Address, for three days, prin- od only, giving name and reference, K., Heratd ALUABI TENT (ARTICLE STAPLE A: Rights for sale— Japinaliess vo form corporation. AMES V. FALVEY, 25 Pino st. ¥ Ww — TO PLACE IN THE EUROT exe ket specialties which we are manufacturing here with A business man with $5,000 wanted to introdace is abroad. For personal interview address WM. , box 1,592 Post office, ANTED— AN ENERGETIC PARTNER, WITH $500, the to assist in manufacturin, in the market, Address J. Wntrp a PARTNER IN A FIRST C LIVERY nd boarding stable, with tows $1,000 to $2,000, three blocks from City tail, 43 and 50 Boerum place, Brooklyn. wus fED—AN ENERGETIC BUSINESS PARTNER, with 4 capital of 8300, for « god fomale vartety troupe None without cash need apply to LANE & WEAV matic Agency, 85 Bleeeke WAV: x $200: Oe ae ere cr ierem eguslly ate an canons ‘lady in s business that will pay $200 treet money not required until “business” be thoronghly teste ho notice taken unless full name be given aud interview appointed, Address SECURITY, Herald offic boot blacking now #4 Post offieo, MONEY MAR. IT; BEST ved; partner wanted. tiser, who bas malt honges jan equal amount of cash capital @ best. in tho Skate. box ot Post office, Suck Ybor, N.Y. $10. O01 ) CAPITAL WILL CARRY A TRADE IW TU toilet line, paying net about 20 per couss 9 iy : nome LEGEEIMATE, 1 cad 2), 000 | BECURITY.—A MARRIED GENTLE. a Ian, aged 40, of good edacation and busl- ness capacity, desiree a position of trast and responsibility in @ bank, insurance office or first class commercial Address PLDELITY, Herald office. SUSPENSION OF COAL MINING. Mining operations throughout the entire anthracite fegions of Pennsylvania were suspended yesterday throwing out of employment about 60,000 men and boys. The outlook is not regarded by the miners as very serious, as the short seasoa ‘of rest (the suspen- sion is not expected to last longer than five weeks) will doubtless be followed by unusual activity. , In order to ascertain the exact situation of afairs « Henao reporter yesterday called upon different off house. | terview with Mr. Quintard, the manager of the P' Reading Coal and Iron Company, is an ackawanna and Western Railroad, Pennsyl Coal Company and New Jersey Central Railroad Mr. Quintard, in answer to the reporter's “Yor, the companies have all wg forone month, This we find to be surplus of stock on hand. to stop produc pecessary on account of th | We intend to work this of before resuming, As tho Coal topped prod they Company—represented by Mr. jetton, 1 have no doubt in barmony with the Ponnsyivan Hoyt—bas | by this action | combination. “One thing is certam, I think, # une of higher prices for coal. the chances are decidedi favor of lower prices. T cannot be too emphat! correcting be popular error, and that is, that the oot: Uined conrpanies bave the power to put up age wig ot coal to an exorbitant figure. This is mot so, The mo- ment anthracite coal becomes: high Priced bituminous coal comes in and takes its place,” Keroxren—but can that ve used for domestic pur- poses? “Certaltity. Rut admitting that the demand, on at- count Of the price of anttiracite, fails off for seam pur- poses—that is, the large sized, coal, such as ‘steam boat,’ ‘lump,’ &ko.—the coal companies being sup- Planted im this by the more exctusive tise of bitami. hous, the large anthracite coal will have to de broken MLO egg, Sove ana small sizes and theredy incroase the supply to such an extent for hg toe’ pal that the price would be sure to fall. e & matte that should be moro pertectiy under ght by con summers, and Lhove the HekaLo will Guia. Selma @ this clase”