The New York Herald Newspaper, May 12, 1876, Page 9

eer re a ees FINANCIAL AND COMMERCIAL Stocks Irregular, but ‘Firmer at the Close—Transactions Smaller. GOLD STEADY AT 112 1- Money on Call 3 & 31-2 Per~ Cent—Govern- ment and Railway Bonds Quiet— Investment Shares Stionger. 7 Waw. Starter, ‘Tuunepay, May ‘ll—6 P.M. Curiously andunconseiously board msenbers resolved themselves into a quasi debating socicty this morning and argued the question of Commodcee Vanderbilt’s beaitn, ‘The bull flurry of the last two dayst having blown over and faded away into mero zephyr of excitement, le Was evident that something must be done to keep things moving; so recourse was had to # diagnosis of | the veteran’s case, and the condition of tels limbs, liver and viscera was discussed with as muth interest (in | view of an effect upon prices) as were tite entrails of | slain dumb beasts by augurs in the old Roesan times. ‘The discussion we bave referred to pointed toward a belief in the Commodore's sstayiims qualities and to @ feeling that he in accord with the raven in “Barvaby Rovdg would ‘‘rever say die.’ Consequently atwine start of | business there was a general look up im prices ina fractional way, which was spoedily followed by a cor responding look down and a dull, quiet, teatareless market for the rest of tie day. Lake Shawe dropped from 5434 to 537g, Western Union from (iisg to 655% and Michigan Central from 467% to 45%, although later on, under the influence of an upward push in Lake Store, prices returned, as a general thing, to opening quotations, The turn apward in Lake Shoro from its stagnation price of 5454 scemed to be due toa whim on the part of the Osborn contingent snd to our whilom friend of bismuth and parti-colore 4 proclivi- ties, Is. does not appear that any reasons ox4st for ad- vaticing Lake Shore from 54 to 55 beyond a kindly do- sire to Wake up a drowsing speculation and to give the “boys” a chance to garner a few eighths or quarters. The Twenty-third street people tale as bearist as ever, and the knowing ones are waiting until these indi- viduals show themselves thoroughly violent and ma- Ugnant in their prognostications of impendimg atter ruin to cover short contracts and form prument ar- rangements for a rise, ‘There was but moderate interest manifested in the anthracite coal stocks to-day, although the dombt for the future was stili manifested by offerings wf time options at one per cent below the cash price. Beyond the bidding up of Lake Shore during fhe last hour the market hung heavy and dull, the mostsimpor- tant operations of the day being such as resulted from the matching of silver quarters between members, although the Oficial list Dears no record of thesee trans- actions, THE SALES TO-DAY. ‘The transactions at the Stock Exchange to-dsy ag- gregated 116,107 shares:—Erie, 4,300; Lake !3hore, 44,000; Cleveland and Pittsburg, 239; Northwesvern 1,200; do. preferred, 250; Rock Island, 650; Pacific Mail, 7,200; St, Paul, 2,400; do. preferred, 7 400; | Ohios, 2,000; Western Union, 28,300; Wabash, .250; | Union Pacific, 400; Michigan Central, 8,900; UPaion | Mining Company, 2,700; Delaware, Lackawanna and | Western, 2,458 ; New Jersey Central, 1,500, OPRNING, HIGHEST AND LOWEST PRICES, The following table shows the opening, highest sand lowest prices of the day :— - Opening, sg ove Lowest lb io" 183 15 wy 55s 3% 2% ih 4035 40 59% 5BX 105% «106 93 98 38 33 3m, Milwaukee and St. Paui pret. oe 645 GRY Obie and Mississippr. lity 1M 44g 93M 106% 108 63 63 4% 4 6655 6534 Ww 20 481 Closing PRICES—3 P. m. 20% 20% a Yet Tolw as Union Pacific., 62° Missouri Puce.” 13 Pro PCo,......111 a ADVANCE AND DECLINE. The following are the changes in closing prices com- | abandoned mills are being set in vperation, with im- (proved machinery and processes, pared with those of yesterday :— Avvance.—Delaware and Lackawanna, 1%; Erie, 34; I and St, Joseph common, $4; Lake Shore, rei Central, 34; Notthwost preferred, | ; Seen Central, 1; Olio and Mississippi, Pacite Mail, %; Proaucers? Petroleum, +; , Western Shion, Dectixe.—St. Paul preferred, 45 Rock Island, 3; Ubmois Central, 3. STATIONARY, Niantic and Pacific Railroad preferred, Aviatic and Pacific Telegraph, New York Central, CG. Gandl c., C.. C, Cand L, Hannibal preferre Harlem, Missouri Pucide, Northwest common, Panama, Quicksilver, 8%. Paul common, Wabash, Union Pacitic and goid. THR MONEY MARKET. Money loaned at 3 and 4, and subsequently at 245 and Bpercent. Prime paper is discounted at 44; and 6 per cent. The following were the rates of exchange on New York at the undermentioned cities to-day :—Savannah, unchanged; Charleston, none offering, 3 a 4 premium; New Oricans, commercial, \ a %; bank, %; St. Lonis, 100 premiam; Cincinsati, 90a 100 premium, and Chi-° tago, 40 premium, Foroign exchange te firm; primo sterling asking rates, 4.8834 04.9034; selling rates, 4888 488% und ~ £804, 0 4.90; reichmarks, 95% 0 957% and 965 096%; tables, 96% 097; prime Paris, 5.13% a 5.1134. INVRSTMENT SHARES, Investment sharea sold at the following prices: Now Jersey Central, 9444 a 04 9 03% a 0455; Delaware | sind Lackawanna, 106% « 10635; New York Central, | duction of the newer and more economical processes. 110; Pittsburg and Fort Wayne, 103; Morris and Easex, 10334; Mithois Central, 96; Adams Express, 109}, a 110j4; Wells-Fargo, 87% a 88; United States, 70% a 10; American, 62; Consolidation Coal, 4155; Delaware tnd Hudson Canal, 1104 a 110; Rock Island, 105 Cleveland aod Pitisburg guaranteed, ox dividend, 93; Producers’ and Petroleum Company, 111 a 11134. THR GOLD MARKET. Gold opened and closed at 1125 teri at 1123. The rates puid for carrying were 1) Land 2 per cent Loans were also made fla. The steamer Lessing, sailing for Europe today, takes “$707,000 specie, of which $500,000 is gold coin; re- mainder silver bars. OPERATIONS OF THE GOLD EXCHANGE BANK TO-DAY. Gold balances. sere | Ciesnine nove staraiasr Serveny suemaners fot Ameer Gold balances. . GOVERKMEST BONDS. Government bonds closed steady at the following | quotations :—United States currency sixes, 127 a 127%; do, sixes, 1881, registered, 12134 a 1215; ; do, do., 1831, coupon, 1224 a 1225; do. do, 1865, registered, 1144; | 214%; do. do, ao., coupou, Il4ts a 114%; do. do, do,, new, registered, 118% a 119; do. do., do., coupon, 8X « 119; do. do, 1867, Fexiatored, 120% a 121; | do, do., 1368, reg- | contrary, It «is asserted on good authority that the ¢@ipon, 122% 0123; | rates on West bound freight are neatly aw badly demor- do, do., do., coupon, 120% a 12) istered, 1224; 2123; do, do., do. do, ten-forties, registered, 11794 0115; ao, do., coupon, 11835 a 1185; do. fives, 1881, registered, 117 a 1174; to, do., do., coupon, W7a 1K. ‘THE UNITED STATES TREASURY, ‘The Assistant Treasurer paid out to-day $142,000, gold, on account of interest, and $95,000 in redemp- oo of five-twenty bonds, The Sub-Treasury dis- silver coin in exchange for currency. pecan ‘Wie beginning of business this morniug there with sales in the tn | | { | | j | ' { Bank notes recerved for redemption. | Five per cent rentes 105f 25¢, for the account Ex- | $2 per share was paid to-day. gulal Oli thirteen casgs and weigh three tons, Twenty | $15,400 each. A large number of mines are producing | Om@ of extraordinary richness from shafts of ten to | greater depths are attained, which leads sanguine NEW YORK HERALD, <ciakik alae Bk except $359,804 having been on currency drafts and in less than five days. The Treasury bas stopped paying out silver on currency checks, The speculators are consequently charging a premium ou both silver and fractional currency. Revenue receipts to-day «$500,000 | Customs rece} Treasury balances at close of business to-day were:— sr 100,000 RAILROAD BONDS, were generally firm on small trans- actions. Chicago, Burlington and Quincy eights de- clined to 117 and recovered to 11744; Uhreago and Al- ton firsis brought 118; Rock Island sevens, 110; New Jersey Central firsts, new, 113.44; Northwestern consoli- dated sold at 1023;; St Pant, La Crosse division, at 10234, and sinking funds at 881; Delaware and Hud- | Bon registered of 1894 sold at 108; Northwestern con- solidated gold coupons rose to 93%, firsts selling at 10444; Buffale and Erte new at 105, Union Pacific land grants at 99, sinking funds at 914, and Alton an® Terre Haute at 107; New Jersey Central, convertible, declined to 103. The toliowing were the closing quotations for Pacific Railroad bonds:—Union Pacific firsts, L043 a 104%; Union Pacific Iand grants, 99 a 9915; Union Pacific sinking funds, 91 a 913: Central Pacifics, 107% » 106%. THR PORKIGN MARKET. The London advices*eport no change In the Bank of | Fngland rate of discount, which remains at 2 per cent,” | three months’ bills being discounted in the open market at 13% per cent. Covosls show an advance of 3% percent over yesterday's closing prices, United States bonds being steady. The specie in the Bunk of England decroased £49,000 sterling during the week ending Wednesday. The pro- portion of reserve to liabilities is 474¢ percent, against 47% last week, The specie m the Bank of France h | increased 16,308,000 francs during the past week. change on London 25f 2le. for short sight. In Frank- fort United States bonds, new fives, are 102%. The following are five P. M. London quota tions :—Consols tor money, 9634 a 96 916; consols for account, 964 a 96%; five-twenty bonds of 1865, old, 104 a 104; do, 1867, 1004 a 100%; ten-forty bonds, 1073%; new fives, 1063 a 106; Erie common shares, 18% a 14; Erie proferred shares, 20 a 22, BANK SHARKS. Bank shares sold at 109 for American Exchange, 114 for Merchants’ and 116% @ 117 for New York. The Bank of the State of New York is now quoted on its reduced capital of $800,000, and its stock will be quoted among the other bank shares. It is understood the old stock is to be exchanged for new on a basis of 100 for 40, STATE BONDS. In State bonds District Columbia 3.65’s rose to 71%. ‘Tennessee, old, sold at 43, PHILADELPHIA STOCKS. ‘The following are the Philadelphia stock quotations at three o'clock this day:— Arked. City sixes, old. Pye esci City sixes, new. 10834 Unitea Companies of 135 Pennsylvania Railroad, 53 Philadelphia and Reading Railroad. Hg Lehigh Valley Railroad.. 5835 Catawissa Railroad preferred 43 Philadelphia and Erie Rairoi 18% Northern Ce: tral alle oa. 3h Lenigh Navigat: 40% Lohigh Navigation, gold loan, 104 MIXING STOCKS. The following are the closing offictal prices of mining stocks at San Francisco to-day :— Consoliaared Virgina 11 California . Segregated Beicher .. so alpha Ophir. S46, Belcher | Choltar, Confidenci ' | Savage Consol dated Traperial y ie Mexican . Hale & Norcross The following table of prices ot the prominent gold and silver mining shares, ns received by telograph from Gan Francisco, is furnished by Mr. William Ward, Drexel Building:. May May May Mey 8 9. 10. iL. Oni Alpha. 46 «50-80 7s Advanced 1 Belcher. 19 20 vu 19 - Best & Belcher. 55 56 67 55 - Caledonta. 9 tJ 9 % Declined 1 California, 79 80 62 80 Advanced 1 Chollar Pot $1 82 85 32 Advanced 1 Con. Virgivia., 79 75 ™ 74 Declined 5 Crown Point. 16 1b 16 16 - Eureka Con. 10 10 10 ll Advanced 1 Gould & Curry. Ww 18 18 pis - Hale & Nor’a. 57 65 55 $6 Declined 1 5 5 5 Advanced 1 py 27 26 Advanced 3 ped 12 12 - 34 a 83 Advanced 1 66 o6 4 - 63 4 64 Advanced 2 13 13 phy - uv 18 ui - 6 wv 16 - 8 8 8 = 13 13 13 Advanced 1 Yellow Jacket, 28 3 28 Advanced 2 Consolidated Virginia's regelar monthly dividend of COLORADO MINING ITEMS. New reduction works are being crected at George- town, Clear Creek county, to work the Increased sup- plies of ore. At Spaniegh Bar, a mi'e distant, steam wer anda large force of men are employed. Several The ore specimens from Central City for the Centen- | anills and 519 stamps are Kept constantly at work in | Gilpfu county and more are in course oferection. lo anost of the well Known mining regions care ts taken Bo make the new structures fre proof or nearly so. The on the San Juan ranges is still very deep, ‘while in the valleys of the older counties, such as Gil- ywip and Cloar Creek, the weatbor 1s warm and the grass starting up. -Among the Centennial specimens from these coun- tims is an immense block of silver ofe so rich ag to tax tee credulity of the disinterested. The experiment of sitiking circular shafts by a comparatively new method | 1 ts maid to have resulted satisfactorily, A cutting ma- chkae, traveiling on a circular track, cuts a ring one to | 300 one and a halt inches wide and. twenty inches deep in thepsoil or rock, A bole is sunk in the centre and chroged, when the machine is removed and the biast fred, shattering the core to atoms. Collum Smelting Works, Jefferson county, witifin @ week shipped four silver bricks vaiued at $12,000 to | fifty teet in depth, In the less accessible portion of the Territory there is a universal cali for the iniro- On Gold Hilla new mine produces ore at ten feet from surface which assays at $34 to $400 to the ton. By the old methods of treatment the product would hot bes half so large. The veins generally widen as owners#to the beiref that bonanzas exist in abundance further down. The deepest shaft in the Territory is 1,000 feet, and the rule of gradual widening has thus far held good, Many of the ores contain tellurium, @ motal Urat takes rank mach above gold in point of value, bet is governed by no fixed standard. } Of theanines in Ciear Creek county it is reported that a haf ton of ore from a uew vein returned sii at the rave of 1,135 ounces to the ton, The unassorted ore from the Ben Hardin gave a return of 314 ounces tothe ton. Six men have taken out of the Baltimore tunnel $4,000 in four weeks. Active operations are | begun in mine No. 1 of Colorado State Company in a shaft already sunk cichty feet and showing good ore, Large quan@ities of ore have been sent {rom the adja- | cent countses to the Golden Smelting Works, where Gulena oressare treated by smelting, and light or “dry”’ ores by the Matteing process, Gold has been found in Reeds quantities in the Sangre do Cristo range. THE RAILROAD WAR. Stue report:that the railroad war was settled, which was industrionsly cirealated late this alternoon, may be pronounced:a positive ficiion, as there has been meeting of railroad officials tor several days, On the those on Kast bound freights. MEMORANDA, The Governing Committee of the New York Stock Exchange have admitted to the bond list the frst con- | wolidated guaranty bonds of the Albany and Susque- hanna Railroad Company, dated April 1, 1876; due April 1, 1900, October 1, iu New York city. The coupon bonds have alized as ‘ie fell off to 18% a 13%. | 200 y Inaerest 7 per cent, payable April 1 aud | the privdege of registration. The Delaware and Had- 9h pe angagely oelinerning er oo Canal Company guarautes the payment of the . Principal and interest. The entire consolidated mort- gage bonds amount to $10,000,000; the amount to be issued at prosont will be $1,500,000. The remainder is | Qrdinary to beheld by the trustee for the redemption of the present outstanding bonds and to meet the require- ments of the lease, The Governing Committee of the Exchange have also placed upon the list the stock of the Fifth Avenue Bank. NEW YORK STOCK EXCHANGE SALES Tucespay, May 11, 1876, BEFORE CALL—l0 A. M. sig the Del HT Can., 110, 100she Mich Con RE. 500 Un Min a. 400 do. 1000“ 20) ” do 200 500 Pac Mail 8S. 500 500, do. 100 4300 100 fn rt Py do Yoo oni 4 NW tw 200 LS & MERE Som do 4 v4 S45 100 1 Gen ie 100 Mich Cen RR. do ELE EEEEES, 200 2.0 Ohio i 10 do. 7 Wd AND 1300 A. ML 12444 $20000 UBS's,10-40,¢. 118% 118%, 2 de sy ms Se Toone Us SeiaeE, Tee 118% 12000 Us Mh. LTS " 1000 U 8 Os, eur...) 127 Pe 2 FIRS! BOARD—10:30 4, ML 30) shs 1s i 54) me bo & MS.be83 ak 545 Sty 54s a say | a se Sas 54 53% 500 do 100 TH Cen RK ay Chi ‘, ‘+ W RR. be io3.c anit be. 100 lwo P, RW rx fe 200 Ohio & var 15 400 108: be 35% 500 do 106 6 110. 350 Mer & Kes Rit be Lush Bid 100 BtL,K & Npf.be.83 28), BEFORE CALL—12:30 P.M, Jal gopebe Ls & xs lwo 70 ae 100 Ohio & M RR. .95 ‘ * 2) 1187§ $10005-20, ¢, "67,. be SECOND BOARD—I P. 103, 500she L# & M8..be do. a3 40 0. 200 Mich Cen R 100 L 8 & MS RR. 500 do. +88 3 Pp. Te * M8...b3 1100 | 100 500 Ohio 70g. Miss RiLb3 COMMERCIAL REPORT, COTTON oN THR spor 1-8c, LowER—YUTURES BARELY STEADY—FLOUR STEADY—WHEAT QUIET—COBN UNCHANGED—OATS DULL AND IRREGULAR—WHISEKY QUIET—PORK FIRM— LARD FIRMER—PETROLEUM QUIET—sPrrnits TURPENTINE QUIRT—ROSIN QUIET—oILS STEADY-—FREIGHTS STRADI—COFFEE FIRM— SUGAR FIRM. 675 bales Tuvasday, May 11-6 P. M. Trade was for the most part quiet, but there was just | enough doing to kill the monotony on 'Change. The | continued Continental demand for breadstults rendered | the market for wheat buoyaut; but buyers rofased to | ° | pay inuch more than yesterday, in view of which busi- | ness was more moderate. Cora was without decided change. Onta dull and irregular, Wi! ey was quiet Pork and Lard were firm. Freights were steady. Cotton on the spot was lower. Futures closed barely steady. Naval store et. Oils ruled steady. Petroleum was firm and excited. Sugar was very firm. Covree.—Tho market for Brazile was quiet but firm. We 17e. The rat hands is a6 follows va, erase mats, 175,915; Singapore, grass mats, 2.062; Ceylon, 10,067 bags; Maracaibo, 14,57 do.; Laguayra, 4,407 do.; Jamaica, 900 do. ; St. Domingo, 1,600 do, ; Costa Rica, 1.03 do. ; Mgxieau, 688 do.; Manila, 500 Totul stock, 96,768 bugs, Singapore. We | Ordinary cargoes, 15%c. ; fair do., 173¢¢.; good do., | e.; prime do., 18i¥e.: extreme range for lots, lige. & | 1 Torch Swanton, fale to good G8 HTM, yo. Dinety days Java, povernmen mati 1. Tipe. w be | dae. : Bit) ee do, Mai eaten a be Iie. ; 1% Iie. bs a igo an jem, LTe, al 8 ite Sluntle, ‘tea Tech Acgoatar | @lelgc.: Curucom, We. wiTiges” . bi Farures closed, barely. stea compare with Wednesday's prices ms Wednentay, 0. jor below t at 12% 0. 1 afte 2 ihave: ye. 1.400 wh 12 12 27.d2c., too at Bz 18.16e., 300 os Bales. The recat Charleston, Mu: Wilmin, « ostan ») bbis., nexed ac aneteni Supertine Western, Extra Western St. Lonis, iow extra St. Louls, stralcht extra. SL Louls, choice double extr St. Lo 260! ellow, Sie. September, ode E Bg 20) at 12 ips at th a porte ware 6a fo lean: lofts, 190 Mets 174. Total, as mart st year, 3.205;° total since September seen freights closed as Bambang, by ‘sprit Jer, BLAgC, for mix 9 Gye. for ungraded, S0@. sole for ¢. ‘tor old Western mixed and By 2. i000 at 12 Tosti Tod att S50. 100 ne 12 18-330. Sry 6c. 1.900 ap 12 eam, c., compressed; ne are ie, 48 om ase week, 3,081 Mavi ES ad 16 oa” Ts ie or s6 30 0! *s16 106-16 10 5-16 10% 10% 1 n S16 11 7.16 7 9.16 ged i 13 13" 216 12716 A7y 3 13 4 i 3,964.) 319 by c., com WS iver: 70, 0. ye with w as intluding State, $5 10, Western ons. Rye flour sold to Corn moal was ‘Re. for gr: Western. Rye quiet; 8,000 bushels Western sold obra dl 4,009 bushels Stato’ at BAe. and 4,000 bushels Ci thalt were still dull ud ond at 82i¥e. minal. Barley and barle; ‘Unts were irregutar an lower; we bout 112,000 bus bushels, at 36ig¢. a BRe, for rejected, 42c, 40%. for Wertern mixed, MMP AND JUTE were dressed, $190 @ $200 for sin, 4 $125 for rough; Mani! niet. Wo je, $200 0 §. her slew a $210, gol id. ie “Orion te, 44c. a 470. for do, on track and 40c. a ‘American doud! Tie and Mow. eudy with salos of 120 ‘bbls. within the ruage. ‘The stock 1s 6.902 hd. Subs, Bas do, Porto Rico, 286 do, English Islands and 3,200 d ww Orleans, We quote x 4 Sue. fa Sie: prime. to choice, 966 @ Aral Stoars.—For strained at $1 60. ha Sik 28. 0 Se, a 400.3 2% ba, centri jo, soa VA Mic fugal and prey ing ot New Orleans, tate to 3 good, 48 480. arc Wasing ‘SRe. rite turpentine the market was s close. Hos was auiet, but firm, strain ie $2 25. tAdvi gant eater a, : a vices trom en | ington trained at $1 55, good ‘Turpentine steady; pentane wescy’ ard, soft, $2.10; virg 75, Spirits Or further sales. At New Bedford of 300 bbls, northe And 400 bbis, humpback, for mauufacturing, Private terms. We quote:-—Cottonseed, crude, 3c, & 450; uuthern yellow, S8c, ; yellow winter, Sie. winter, ad, winter, $1.07 481 09; sperm, crude, $1 45: do, winter, lo, natural 1 70; jorthern, 66c. Prrnouxvm.—The market was decidedly trier and under tir tags a higher market from the Creek, was more or less excite, io ¢ 78c. a 750. ; olive, cavks, $1 173% & $4 40: wiuter bleached fish, Thore was ramor of & de, wease. in bbls... opened at $19 ae for Unit Jar; ened at 8 Sh rarkor's oj vanced to $2.15 bid, without collers. Provisions. — ders at S%, jealed do. Tie., Se ted do, at 1: Bacon qui b I mess, $13 50; City ‘extra India moss, prime mess, $23. vchanged, 5 and 10%. for shoulders, eal Post en were 2 2 424g, an bee. Weatern at was quoted city long clear nt 12c. ted. at 12e., short cleat at 12! a Beer hans ther 0 4 1846, for South Te; do, caves, 180. Philadelphia, 137%0. & 14¢., and at Advices trom Wilmington we vanced to $1 90% transaction bid for United: 1 96 ; now a little easier; $1 95 bia hipment, ke vena, § a ws bid, $21 50 Spot sales ‘and We: f 50 ti , $16, ja mess, ained a gt siz te Ay | an" a S12, 60. bre Lok 2h for pti and $1275 0 $1 date tar Sep 123 a elty reese do, at 12: $12 20 Piped The 8 were 200 meats quict, fer prisca rere pncmnapet: of 1,000 fresh hams at 12c., 300 picl .. S00 fresh bellies at Ie. ‘and 1, ulders at Wise.” Fresh hams wero, quoted at 120. 4 Ir ied 00 do. tile. a Tierces . 825 and quiet) aud un- fod meata were dull at 14sce. » 150, for hams ye lard market wae fh irmer, but for J a: : ‘America, 124f0; a 13. for Continent and 12e, for Cubs. Sales wore ‘100. tierces city No. dat for the Continent on privato terms. steady, with a fair demund, at 260. Cheese was quiet and unsettled & de. for Wi 11340. and during the past two days 5,000 tlerees quiet but tod ~ rn. the nominal quotations as follows:—Full cream, 9e. @ 1lc., and skimmed 6¢. @ Be. Caroll Kice wae steady, with a fair demand We quote i rime, Sige. a OF, Ll ‘The stock of raw is as follows :— Stock (ascertained by actual boas beam voveall ‘ay 1, Receipis since May 1, ani PR cre eid fined was strong, but very quiet. Boze, Bags. Melado. 31,992 216,611 a'« Totals... Sos 220,257 Bales siuce 3,951 6,269 28 Stock this day, May 11, 1878... 94,972 223,018 5,465 Comparing "with Muy he i “107,815. 87,674 63,758 1,871 with” tock 99,044 70,513 159,978 1,463 3 sa Sut, 5.889 me 6,006 Wi ote ir to retiuing, ic. 8 JC. vf Jory. falt ww choles, Se. Sige; do., contri Sid boxes, Nos. ® to Td, Bige. wvige; di wlan aud boxes, 634. a Tig ; Parco Rico, ‘refuing, Erocery. fair to. state Sige. a widest Te. a He.; do, ard Ts.—The tuarl thous special chun ring to ental grain oo but bat gelte aw ity a 9Ke. A, Uige.: hinds. 7 tierees, 194 bbls. an Tos. at Shge. @ ‘and fairly notive; how quot ind #AKe, for ordi rusiied, €. of natured, Loi: gut loat, ,0%er 0 marke ‘The market was $11 et, asa whold, wae i eis slow, with , though ‘in instances tame for firm for bereh room, Conti- filled their most urgont wehaty ‘rocentiyy were. ‘wanton boy etait, tnguie for. suitaule tonnage. advanced price oll and the any e of the market checked men: in petroleum The eng! —Ta Liverpool. Ou. To Antwerp, 1,000 tierees lard, Maca an Itatinn bark, by 3 rove: 5 Godaak ba tiarn and sald. to. be for ith theokn, a8, y 400 tons, Iald on the berth for with general nage ce Eurrent, rates: 6 British ship, 1 with about 3,300 bbls, retined peareloame a Fad DOMESTIC MARKETS. Witarxaton, ES. May 1 30s. rained. Tar cited Legh ~ Fates f 1079 Beets lei st ole 4 on ier, bea ts, coustwise, 1, Stock, 155,508. , Cotton irregatar ; rmddil 1Orye. a 1G: oot xports constwise, Spirits fran Pa a cr ve Tie. 5 Breas ‘39 1, 1878, $1 55 for May 11, 1876, alg 1 hoa middling pts, 673 bales ne SM st New Onteaxs, May rfl 1876. and easy; middling. 1 | wet receipts, 450 bales te wer ahh. Halon, 400. | ntue, May 11. 1976, pee Porn 1 Ise, ie y dal; middling, 11 low Cotton dal hag . se Serie eccanwrins, 130. PA ey doll and nig msdn, us Wk. good toliranee, 1:9UL.; coamwiee, mid eine | avegrepetpie beer an 11, 1876 bales: 40). Ex page Brock, 10,502, me, May 11, 1876, ow niiddling, ll gy od ee 3am ton, p yl emer: 9 Temes A AY, UO - git xo doy gt? Meet tens Michigan, 81, 30 at gS oer M! #1 2 1 red winter $1 31s, Pon a ts helt Sy, high mixed, Si}ge. ; FRIDAY, MAY 12, 1876.—TRIPLE SHEET. ten eaten cotton fn store runt: epee Segeed = stone i Jane Sle, July 52%c. ; low mixed, Ro icra. Sie; damaged, 4. Onts a) Michiga: ar, c whe 4,000 vushels; cor, do. ‘oata, 2,000 do. Shipments—Flour, 1,000 bbls; wheat, 6,000 busnels; corn, 70, , oats, on ae Rs 11, 1878, Flourin good demand Not 5 es winter, $7; white do.. 67 25; J lois concessions ieee in light fomecd ‘1 1.600 ‘362 peas, Oye. : to the Hudson : 13,000 b 4 700 do. ; Inmber at, 9,000 bushels; 300 17,000 do. ; owta, 14,000 do, barley, Shipments—By canal to tide ‘wai bashels; to interior Wheat, 6,000 do, Railroad "ante He. to tales 1,005 bbls: prices aad Srer wo hoiders iwaukeo 1,000 unchang i avaiting tae rices ; wal Club at . y nsin spring at 8! do Nest Mile Gorn quiet: Duvbele Volede at S4c,; 1.000 dor No.2 mixed Wertorn at Se. Outs inactive. Rye, nono here. Hurley iunctive Son adout over. Seeds firm, but quiet. Pork dull at $21 9¢ for heavy moss. Lard dull’at 4c. trighwines nominally $1 11 for city made. D bushels No. 2 rob Cuarcaco, May 11, 1876, ha Hat cr Corn generally © bigke 3 rather Sune de. ci Telectod, 42 spots’ ale, June," Rye tirmer spot: G2e, June, Pork fairly active and « shade bi $20 600 rok} and June: $20 774 & $25 D0 10,000 bbls wea, oats, 3K) do, t eyo, A Flour, 10,000 wats, 144,000 i the afternoon call of wetth id $101% spot; S102 June; SL Corn ‘weak and ‘ay ; 45440. June Onts dull and cash and May; S0\e, Junie: nominally 31%e. Joly, ‘Pork lower $2056 ‘June; $20 Tak u B20 75 July. Lard unchanged. PRINT CLOTHS MARKET. Provingnce, R. I., May 11, 1876, Printing cloths market quiet jous quotations, HAVANA MARKET. ge 3 Fdiscount: short a . a @ discount: 60 days! gold, iG premium ; short nights old, & a 534 premium ; on Lona 4 © 17 promium; on Faria, 30 Sig premium, EUROPEAN MARKET. Loxnox Propuce Mirkst—Loxpox, May 11—Even- ing.—Linseed oil, 428. @ 22s, 3d per ew! ————-—__—— FINANCIAL, rts of the world, ugh the Mears, DE HOTHASCHILD and tholr correspondents. Also Commercial Credits and Telegraphic Transfers of Money on California and Europe. A. ovua Eavaory of Uraaie vo travelers, payable in any part of Europe, Asia, Africa, Australia and J. & W. > ger co., 26 Broad sz. k. uro) Am draw Bills of Noney fe ature make’ Pasgantie ‘Transfers of T REASONABLE RATES.—MONEY 0. y Endowment insnrauce Policies, Mortgages and other Sccurities; insurance of all kinds effected with best com- panies, J.J. HABRICH & O0., 117 Broadway. NY AMOUNT TRUST FUNDS TO LOAN ON mortgaee; city or Brooklyn. WOLCOTT, 10 Pine st. AVITT &” =STOCK SPECULATIONS CONDUCTED BY U ning intormation relating to ry form ; book cont jtocks sent free’ on application, TUMBRIDGE & 'CO., Bankers and Brokers, No. !2 Broadway. LEX. FROTHINGHAM & oe okers, No, 12 Wull st., Now Y BANKERS AND York, make for custom- Negotiated at favorable rate cl bought and carried as loug uy desired om deposit of threo to tive percent. 1S ‘A Eade Gouatlots balaera ot peiviisgens tre take investments of amounts of $25 upwara in active stocks; re turns made every YO days; parties wishing to specuinte should gall at our office or write fur 72 page book aud “Wall Stroot Review," sent trae by JOUN HICKLING & CO, Bankers and Brokers, 7 Mrondway, New York. PoR Five YEARS—NONEY TO LOAN; ANY AMOUNT on city property; quick answers. LYATT, 145 Broadway. ALWAYS MAVE MONEY TO LOAN ON MORT- gage New York city, proverty: elty railroad stoeks and ought and sold. GHANT, 145 Broadway. rANSAS * TOWNSHIP BONDS FED . MARKILAM, 196 Broadway. FFICE OF THE — RK MUTUAL GAS.) Light Compaxy, Nontavasr couxkn Uxion Savann, 4rH Av. axp 167m St., New Yon, May 0, 1876, } ‘The annual meeting of the stockbulders of the New York Matual Gaslight Company for the election of sixteen direc- tors and three, inspectors of election for the ensuing your will be held at the ofiee of the, company. in the city of New York, on Tuonday, May 16, 1876, the polls for which election will bo opened betwoen the hours of 12 M. and 1 o'clock P.M. of that day. ‘Tho transfer Woke of the company will be closed for ten jor to said election. By order of the Board CHAS. PLACE, Secretary aud Treasurer. ‘B a of Pbieeors Po PworosaLs ARE Ry VATED FOR 800,7both principal and. huterdst, belng payable in United States gold coin at the American Exchange National Ban! in New York, ot, at the option of the holder, at the the city in At the rate of £1 sterlangt bonds dre authorised by an act of the Legislature of the pasved February 24, 1876, and were confirmed Beople, of the city of Clucinnats of 21.433 of « total vote of 30,756, nnd by s resolution of the Cit} ided by law.” The bonds y are secured by thoentire taxable pro} gin assessed valuy to $184.493,565, ns well jute owned by tho city, valued at, #2. ,000,000, oxclusive ofthe Southern Rullrond, for the compietion of whieh they are Issued. Municiyalities in the State of Ohio are now authorized by Inw to provide for the conversion of their coupou bonds into registered stock, 6 purely muni will receive sealed Boe at Me EXCHANGE | NATIO NK noon, for any part of oye bend sous of boas wat unui May 16, will state the exact the undersigned’ reserving the right to make pro rata awards in cass the total amount bid for excoods the Amount offered, awards to be first mado ta the highest Uid- “Awards will be made May 16, and. the bonds will be ready for delivery aud payment 20, KUHN, LOEB & Co,, BANKERS, 31 NASSAU Nuew Yore, May 1. 1875, Qix PER CENT BNOuEY A oe San ON fe AND NiED—a LOAN OF 81,300, ON FURNITURE iu Sixt st: brown stone House secured by $10,000; City Insuranee Company. policy. Address CONPL box 109 Herald offic E ALWAYS WAVE PRIVATE FONDS ESPECIALLY Bold for Brooklyn mortgages, WEN & CO., 22 Pine | $20; OOO WANTED—AT 6 VER CENT 1 itt,08 shore property, west side 3d a Dear 424 6t,, worth $45,000, Particulars at room A\, No. ii Broadway, baveme: NTED—TO INCRBASE CAPACITY $25.00 000. of factory, started last fail; article «taple as flour aud very profitable; large orders on Address STAPLE, box 108 Morald office, San ss sana oe Lee Vie en | ) at six por Herak $40.00 Eas Owner, 430 West 17th 5 $45. 000 WANTED IN ONE SUM ON CNiM- toved irty In Westebester evanty; worth $200,000, oh eat vet 2,042 Post office, a of tincipals only address FIRST OLASS fncludiag corner ; rents, fae MAN, Scere & arty in the gener Mica alaes Bad netion Busi i ASHED, Herald ent b .. Re I a Ren en A YOUNG MAN, WITH HORSK AND WAGON, wishes articles [rom wholesale or manufacturing house To sell to groceries, Aduruns A. B., 214 4¥. N_ OLD TOBAC DARTNKK WaNTHD—WITH $00 Ash APPLY TO DUFPUL, 44 Cortlandt st., second 1 HERR =f Wisi A PART Wi 0 1% ale 1 r by bones" Por facts are iM ss. Por further part Dox 141 Herald Uptown Branch — f TANTED—A oe Aa ‘an enterprise of est. hing an Clnb Stock, | vuttainy ren svc Min. the Gem location tn New Vert Head Bank, 25th » mv Apely te to BARCLAY & CO., Bail WAXtRcoNMaTENT SOR, Win Bom. 7H wpe: | tonbine, fantasti ih, wenimens hadrons Mya ne 00) FO JOIN TN od, than 103 per cent, and accrued interest will bo | DENCE, | = | yest alleges that there ; | miles, He also declaros that CAPTFAL, WOULD $100. Wilt PUT A MAN IN BUSINESS se $150 per month. HERMAN & 44 Cortlandt PATENT OF large return rfectly unencumbere part of porahaser Herald $300.7 will be inn realizing at once : necessary; & gieat bargal oftice, $80) WILL BUY HALF 1 EST IN AN ES. c taolishod Commission Business. Cail ou B. W. 53 Beach é WiTll SERVICES FOR AN INTEREST IN $ 1.000 aranecrabic, nae oice uninsee,prinelpnie dealt, with, aud the highest references given an fod. Address H, R. x., box 146 Herald offic a “REQUIRED IN THE CIGAR PRIVILEOR | $7 500 of laces uenal opposite main Certennial 5, will bear ees ation, Address 5URb, ald phia Branch eftice. $10,000. jon, ANY ONE ss the particu! show any: tm: w an openiug pot ‘obser m BO), 000 * ANTED—IN MANUPACTORING BUS- ) iness near city; established some years on limited’ capital: pays now somo $15,00) per year: with | Wbove amount or 10) cash and good European eredit will garn double: proof ‘poaitive: goods staple und alway: a Jd form stock company with satisfactory par- Mies: ne brokers need apply: only these with the ineans meuuing Vusiuess. "Address CONFIDENCE, Herald ofles. wre HARD CASH, RY 4 PARTIAL SUSPENSION IN THE SILVER © cx, Notwithstanding the edict of the Secretary ofthe Treas sury that silver should be paid out for (ractional currency according to the text of the bill passed recently by Cone gress, there sgems to be a temporary derangement im the “resumption”? policy, and General Hillhouse, Assistant Treasurer iu charge ot the Sub-Treasury, yesterday iuformed a Hxnavp reporter that they had temporarily refused to pay out silver coin on checks and drafts trom ont of town, and were only redeeming fractional currency in the usual amounts and in the usual way to porsonal applicants at the casbier's window. It may be well in connection with this ten porary halt im the way of redemption of the fractional currency to recall the section of the act referring to 1t, Itrans ihus:— Be it enacted that tno Secrotary of the Treasury ts hereby directed to isguo silvor coins of the United Sta a twenty-five and ard edomption of Wn equal amount of frag Uional currgney, whether the same be aow in the Treasury qwaiting rede “p nor whenever it may be presented for Todemption, and the Seeretary of the Treasury may. und roxutations of the Treasury Department, provide for such demption and iasuo by subtitution at the regular sub-iren uries and deposiiories of d States until the whole umount of fractional ¢ deemed, and th IssUZ OF 7 ‘ina in the case of bonds sinking fund, It seems, therefore, strange that at a time when the handling of small silver coln was just coming to lose its novelty and the people in their ordinary dealings were bexinning to part with it freely, that the ver n- ment should exercise a parsimony in dispensing which will go far to encourage a tendency to how Upon this view of the case being presented to General Hillnouse he said:-—“I presume the non-payment of out-of-town drafts will be only temporary, I have re- ceived no expianations from the Treasury Depart I think after the trst novelty of possessing sil passed away that people will pay tt out moro f There certainly i a dearth of currency, and wi doing all we can tc accommodate those who present fractional curreney for redemption in silver. 1 hardiy think there is more demand atthe cashior’s counter than usual, but Mr. White, the cashier, can better in- form you of this, Ax to the question of whether the Silver bill puts no limit ou the issue of the coin I will say that the bill provides that the exchange for fractional currency is to bo made under ceriain reguiations of the Secretary of the Treasury, consequenuy he cau control the amount of the entire issue or the amounts to be exchanged, making them greater or smaller, as the exigencies of the case may demand. Therefore it 18 not anomalous our refusing for the moment to honor drafts from out of town for coin,” ‘A specie broker said, m roterence to this question:— “We have had more demand for the last few days lor smail silver coin, Fractional currency is really scatev, and if we bad quantities of good, ciean paper notes we could sell them at a premium of six per cent. There has reaily been paid out too little siiver yet to sensibly relieve the necessity for small change, and the people are loath to part with what they receive. What tho government should da, it they have the amount of sil- ver coin they assert—viz, $2 00018 to pay out freely to business ‘men, not to brokers, in amounts up to $1,000, where it could be clearly shown that the basiness wants and not speculation demanded the accommodation. If this were done we Would soon see the shining coin cire culating as freely as the dirty ‘shinplaster.’ ”” ‘A banker told the writer that the larger portion of the currency checks had been presented by the banka, and instead of putting the silver received in circulation they have oither hoarded 1t or spied: 1 to their country correspondents ata profit, The total amount issued in this city at the Sub-Treasury has been only $1,650,000, and tho balk of this has not gone into cit- culation, and by no means has relieved the small cnanga scarcity in New York. ‘hey told mo,’ said he, ‘that up to noon to-day the issue of silver at the Sub-Treas- ury in exchange for fractional currency had not beon above $7,000." THE FRE TRADE ALLIANCE. A PAPER BY PROFESSOR SUMNER, OF YALE COLe LEGE. The Free Trade Allianco ot the United States—of which Abraham L. Earle, Deputy Comptroller of the city, is the secretary—held a monthly meeting last evening at No. 43 Washington square. During the winter Professor W. G. Suinner, of Yale College, who is a pronounced frev trader, has delivered a series of lec- tures that were instructive and valuable from a free trade point of view. Last night the Professor read bis last paper of the course, The lecturer reviewed the history of the tariff in varlous countries since 1829, dwelt upon the panic of 1837, the bank crash of 1830 that followed and the monctary condition of the oaaey that existed between 1837 and 1842. He next touched upon the election of Polk in 1544, when “the South gained control of the government,” and the ery was raisod that ‘the tariff was in danger,” and then passed to the consideration of the period between 1846 and 1860, which he designated as “our period of comparauve fr trade,” The paper reviewed the various aets of Co! gress since 1800, severely criticising some and extol- ling others, He denounced as tho ‘“imost shameful chapter in the whole. story’? the tariff enacted Murch 2, 1967, regarding the woollen mdustries of the coun- i try. Protessor Sumuer closed his paper as follows :— “This brings us then face to face with the task which {1s at present incumberit upon us. We must bave re- course to the means which are familiar to the habits of our people. We must organize societies and diffuse information, We must moet and discuss and seck to | gain and to propagate sound ideas, Our own wellare and that of our children depends upon 1, It are to bave a fight, and we may expect that the whole cohort of selfish interests will make a strong atand for the | control they have gained, we must meet it, The appeal | hes to the great ugricuitaral interest, which is the chief sufferer, and which numbers one-half of all the opulation of the country engaged in avy occupation, he beginnings may bo small and not very encourage ing, but thero is immense faith to be placed in sound ‘hen it ts fairly nad plainly taught, itapossible that a system of legislation #0 shamefal and ignorant as our present tariff can long disgrace a fr CHARGE OF OFFICIAL CORRUPTION, ‘Aythe meeting on Wednesday night of the Nowarkt Board of Trade, Mr. N. J. Demorest, a leading member | and well known citizen made an claborate statement, in the course of which be distinetly charged that dur- | ing the last two years the city by some means had been cheated out of the cost of ninety-four miles of fire alarm telegraph wire, In other words, he beget | that the Mayor, tn 1873, set forth in bis m there were about 130 miles of streets in the erty, ‘sinee | then there has not veen more than twenty miles | added, The Chief Engimeer of the Fire Departmont, | under whose special caro is the alarm | telegraph, reported thut thore wore 150 miles of wire ia | use. care(ul examimation, however, Mr, Demo- really only about 56 miles of | Wire in use, though tho city was made to bat. aging $300 apiece was _“ for boxes which he can obtain easily for $75 each, and | less if a quantity are ordered. The inference ts that certain olticials have robbed the city, As Mr. Demorest is a leading momber of the party in power under whom this alleged rascality was perpetrated, and Ww altogether a gentie- | man who wogld not be likely to make reckless state. ments, his charges have created quite a local str. The |: oard of irade appointed « committce to look farther Into the mat FORGER ARRES1ED, - Officer Clarious, of the Richmond county police. re | ported yesterday morning at Police Headquarters, | Stapleton, that the great Russia , Oscar Walter, had been captured by the anthorities of Perth Amboy, N. J. The reward offered 1s $3,500, EXORBITANT RAILROAD FARES, Conumnes, Ga, May 6, 1876. To tax Borron oy tim Heratp:— i | 1 #0 by the papers tu thi city toutay that the rah | roads have fixed their rates for the Centennial at rates much higher than was expected. I am just here on my way back to Baltimore after an extended trip | turougn Tennessee, Missouri, Texas, Alabawa, aud bave hoard ire ‘of the On thia subject, and am sure tha: the rates: | will not do, A retura tickot at one fare will | mes us many people. Mechanics, clorks and | will spate Siteon os sae See rs eee iL do #0 now. 1a col ae occa £