The New York Herald Newspaper, February 4, 1877, Page 10

Se ee wee LIFE INSURANCE TROUBLES. The Movement to Oust the Receiver of the Continental. HE IS SUSPENDED BY THE COURT. Vice President Wetmore Indicted by the Grand Jury. Judge Pratt, of the Supreme Court, Kings county, ‘was yesterday occupied for two hours and, a half in hearing the argument upon the motion and orders which wero made returnable there for the removal of Jobn J. Anderson as recciver of the defunct Continen- | tal Life Insurance Company and the appointment of is successor. The array of counsel was unusually largo and mith’ tntercst was manifested among the Spectators in the utterances of men of law, upou whom tho eyes of 19,000 deceived and sadly betrayed citizens, who held insurance policies im that unfortunate life insurance corporation, are concentrated. Vend- pg the argument one of the policy holders remarked, in the hearing of tho reporter, | Bhat as the beacon light of ‘he “searchers | Mater truth’? was more strongly turned upon the mysterious ways of the managers of the bankrupt torporation in question, Dickens’ “‘Anglo-Bengal Disinterested Loan and Mutual Lite Insurance Com- pany,”? and the ‘Metropolitan Hot Mufln, Crumpet Bakery and Punctual Delivery Company,” was strongly portrayed. Every legal luminary present in the court room was occupied, before tho opening of the discus- sion in the careful perusalof the Heraun’s exposé ot “Broken Insurance Companies,” and tho knitted brow and perturbed manner of tho partics affected by the exposures contained therein was clearly detined upon the countenances of tho readers. Among lawyers, of course, the table of vounsel fees was one of the most interesting items of the publica- Vion, and much jealousy was qrietly expressed among those who had no finger in the Continental pie against their professional brethren who were more fortunate, THE RECEIVER'S PETITION. Counsellor John L. Hill opened the proceedings by presenting to the Court the petition of Joun J, Ander- son, as receiver of tho Continental Life Insurance Company, the prayer ot which was that the Court would accept his resignation of the oflice of receiver. He also asked that a suitable person be appointed as receiver, to. whom the petitioner may turn over all the | property; that proper compensation may be allowed for his servives, and that a suitable person may bo chosen to pass upon his accounts and returns. Coun- sel stated that he had endeavored to ascertain the names of all attorneys and persons who have been ap- pointed in the action, and he offered his amMdavit showing who had appeared first and Jast since the proceedings were instituted against the company. The order of the Court bad been served upon all attorneys and persons interested, as tar as counsel could ascer- tain thoir whereabouts, Copies of the petition and order to show causo bad been mailed to Attorney General Fairchild, to Honry Schmidt, counsel for the latter, and to the State Superintendent of. In- surance. The question had been raised as to whether it was competent for a stockholder to tuke xotion for bankruptcy, and the power to takg away the franchise bad been denied by the Court of Appeals, That ques- tion went to the very foundation of all others. But what Mr. Anderson asks is to bo relieved from office. Munch had been said by the nowspapers upon the conduct of the receiver, so that while he foels that he has honestly tried to do the duty imposed upon Bim by the Court the circumstances attending the case are such that he woulda’t be ablo to satisty those who are interested in the fund. It was there- | fore wiso for him to retire, and that some person should be appointed in his place who would restore conlidence among interested persons in the adjuat- ment of the company’s affairs. Notico of the service and petition have been sent to the following counsel and policy holders:—Moses Raphael, B. F. Tracy, John Todd, Leonara & War- ren, Nicholas & Riebard, George W. Lockwood, George M. Cumis, Peter Shield, William Barnes, Frank Rudd, Henry Schinide, Wm. Smith, L. W. Feit, 3. C, Andrews, John J. Fine! YP. Packman, Richara O’Gorman, C. Reddy, Abel Crooke and others, Mr. Hill suggested that it would be necessary, 10 View of the resignation of the receiver, that a new statement of accounts should be presented the Court, masmuch as part of the accounts had already been presented, and it would be well to present the balance thercot. ‘THE POLICY NOLDERS’ POLICY. Mr. Raphael, counsel for several policy holders, said that as the receiver's report had not yet gono before the rejerce, William Allen Butier, it would be & precipitate act to discharge Receiver An- forson, It would be well to suspend him pending the examination of hig accounts by the reforec, With regard to the appointment of a Successor to the present receiver counsel said be shouid be “a man like Cusar’s wife, above suspicion” — (Langhter)—that no shadow of suspicion may rest against him. Judge Pratt said it was not very likely that the Court wottld appoint any person resting under suspi- clon. Mr. Raphael hoped that the oraer of the Court would embody his ideas, and that Mr. Anderson would be suspended pending the reteree’s passing upon his accounts. Mr. George Warren, who appeared for a number of policy holders, said ‘that all they wanted was a good business man for receiver, who would look alter the | interests of the policy nolders, Ho had made several Ineflectual attempts to search the books of the company in the interest o! hisclients. He denounced the concern ‘asa sink of corruption and iniquity. The receiver bad covered things up as far as ho coulda do, and the best thing now leit for him was to get out of his pres- ent position, and Mr. Warren recommended that Ed- ward Lawrence, broker, of No. 35 Pine street, Now York, be appointed receiver, It appointed ho would open the books and lay bare the facts against the corrupt officials who repre- sent this company, and who would then be required to come forward and disclose the facts. Ubjection was made to Mr. Lawrence by Mr. Raphael, andthe name of Edwara B. Wesley, who had been receiver for the Union Trust Company, was recom- mended as a fitting person for receiver, Mr. Richard O’Gorman moved that the matter of selecting a proper person for receiver be referred to the reteree, and objected to any definite action being taken until such timo as he could confer with his clients. Mr. Richards, counsel for policy holders, said he wanted rather that the appointment of receiver would be made by the Court than by the referee, as he bad more contidence in His Honor in the protection of the rights of his clients, A LARGE REPRESENTATION, General B. F. Tr: said that he appeared for 120 | poliey holders, representing about $1,500,000 of ite insurance money, and he therefore elt @ special interest in regard to the person appointed as receiver. ‘‘The tacts disclosed in the per,” Mr. Tracy saul, reading irom the Herano, “proves the existence of that which I so strongly sus- pected when I drafted the order, which Your Honor engraited in your order, on tho motion to appoint a feferee, I seo that the results which followed that appointment justified my suspicions. ‘This publi« cation gt startling {acts to view, and it imposes a grave duty on Your Honor aud compels us to proceed with our eyes open. The publication dis- closes the suspicious action of a director in the trans. for of stock two days prior to the order tur the ap pointment of a receiver."? The fact that tho same director was indebted to the company for $5: short time before the company was wound up “ ferred to by counsel, and also that two other directors borrowed money from the company just betore the failure, giving no other security therefor than the stock of the company. The publication, he suid, dis- closed a condition of things that will make the Court responsible to the public and to the policy holders for the honesty of the person bere appoiuted to yo to the bottom of the company, and if there is any money to be reiunded by the swindling of officers that 1t may bo seen to, Otherwise it would be better that all courts of justice be abolished, and that | attempts to obtain relief from such operations oh the part of iife insurance companies should cease. He asked that the name of tho person appointed as receiver may be a guarantee of fidelity | and Vigor in the administration of the case, ‘Let us have no man who bas been arraigned beforehand,” a Mr. Tracy. Mr. Tracy said {t was not arranged satisfactorily to bi ents, He had vo knowledge of Mr. Lawrence except what be had learned in court to-day, He hop no appointment would be mado, except upon the fullest Er nine personal investigation vy His Honor as to | 13 fitness, Counsol suggested the names, as samples to select from, of Charles Storrs, Samuc! Molean, George 1. Nichols and Austin Corbin. The appointee should be entirely free tgom all social aud personal re- Jauions and entanglements with those persons who havo been connected in any way with the company, POLICY HOLDERS AGAIN, Mr, Warren indorsed what had been said by General Tracy, and Mr. Finch, who represented the interests of upward of 200 policy holders of tho State of Indt- ana, hat the Hume ol ihe receiver should be that of a i known beyond the limits of New York. The name of Mr. Lawrence was objectionable to because it had been presented by a ne term of “broker” wa Western State, he deal like that of a retired statesman. It jneide or outside of a Penitentiary. (Iaughter.) He proposed the names of William Barnes, who ad been Superintendent of Insurance of New York from 1560 to 1870, and General Gustayus Smith, ex-Street Commis- sioner of New York and a graduate of West Point, Another counsel suggested that from the fact pav- ened i that there was danger of coun- gel ices consuming all the assets of the voinpavy ib Would Ve weil to draft the order 80 that no fecs shull ereattor be paid Lo counsel unless udom an order ot | some vessel sailin NEW YORK HERALD, SUNDAY, FEBRUAR Court. According to the Hunan $40, now been paid to the lawyers. It was further gested thas a definite amount apania, be fixed in the matter -of — payments receiver beyond which the = latter att not go without the sanction of the Court, Mr, Hichards charged that the recelver bad made a statement to him in reference to the availability of obtaining an inspection of the stock } », ond that obstacles had been thrown in the way of counsol for individual policy holders by Mr. Anderson, Mr. O'Gorman ted the name of Wilson G. Hunt and Charles M. Fry, president of the Bank of New York, for receiver, Judge Pratt said there is more difleulty in the Court’s selection of a receiver possessing all the varied high qualification® and disentanglemests than tho counsel appeared to apprect: He would like them, if poseible, to agreo upon some person upon whom a majority of the policy holders would agree. Counsellor Todd recommended the name of Aaron Claflin, and another counsel urged Henry Howe for the receivership. After some turther discussion the Court granted an order re: ning the receiver from making any transters of stock or payments until his successor shall have been appointed. The order ap- pointing a now receiver will be made on Monday next, FORMAL ORDER, Judge Pratt issued the tollowing ordor later in the day:—"That the further consideration of the said petition be adjourned until February 6, 1877, at half. past ten A M. “That the receiver be suspended until the further order of the Court. “That he be enjoined and restrained trom paying out, transporting or in any manner interfering with, the property of the corporation, except to preserve it, until further order of the Court.’ AN ACTUARY’S VIEWS. The letter below, trom one of the oldest and best Known actuaries ‘in the world, contains i a nutshell the evils of life insurance on the plan now unduly in vogue, abd no thinking man, interested in tho welfare of those who come after him, can afford to let such advice and from such # source pass unheeded, Rolling up enormous reserve (unds, putting thom in the cou- trol of a few men, and practically cutting off the policy nolders from any say avout their hard earned dollars thus tied up, or giving them any chance to call them in when danger tbreatens—this is an evil which unless promptly checked must soon end coutidence tn life insuranco. THR SECURITY LIFE, An indictment bas been found by the Grand Jury against Theodore R. Wetmore, Vice President of the Security Life Insurance Company, for embezzioment and grand larceny, It sets forth that Wetmore, in tho capacity of clork and servant, ‘*was entrusted to re- celve a certain instrument and writing—to wit, an order for the payment of money of the kind called a bank check,” a copy of which bank check is as under:— [xo, .} Orrice or Tuy Skourity Lire Insurance ) NUITY COMPANY, , 1878, 400) “New York, Nov. Leather Manufacturers’ National Bank—Pay to Alexan- der Barton, cashier, or order, forty-four hundred dollars, THEO, R. WETMORE, Vice President. I, H. Annex, Secretary. This $4,400, the indictment proceeds to charge, was | fraudulently and felontously appropriated | by Wetmore and converted to his own use, “without the consent of his master or em- ployer.”? As usual, the ebargo of embezzlement carries with it the charge of grand larceny, and on either or both of these counts he may be required to answer, WETMORE’S BAI, BONDS. Wetmore, in company with bif# father, Mr, Apollos R. Wetmore, of No, 33 West Nintb street, called at the District Attoruey’s office about two o’clovk yesterday, in unswer to summons, prepared to give the $20,000 bail required of him in the case. The bond being titled out, those interested went bofore Judge Gilder- sloeve, who was found in Chambers, when Wetmore’s father, as above, justified in the amount, The group then departed, the gray haired bondsman seeming to feel vory keenly the position in which hiswon is placed, WHAT MK, ALLEN SAYS, The exact nature of the transaction, of which this check is a part, js not known. Mr, Allen, the Secre- tary of the Security Lie Insurance Company, whose hame ig subscribed on the check, says he remembers having signed a check for $4,400, but without referring to his books ho caunot’ say what the check was drawn for. Mr, Burton 18 tho gen- tleinan who was lately susponded by the directors of the Fishkill Nationai Bank, of which he was cashier, It was stated at the time tbat tne cash- ier had allowed several gentlemen to overdraw their accounts, und that 1m consequence ol bad business they were unable to make good the advances, The Secu- rity Insurance Company and the Fishkill National Rank had tong had business relutions, and very often checks wore made out in favor of ‘the bank, Mr, Allen says that his im- pression 1s that the check was tae result of a traps- action in gold, but be is not certain. He says he can not understand how Wetmore appropriated tbo money to his own use when the check was drawn to the order of, Alexander Barton, unless the two had some agree- ment or understanding. MOUSE TRAP LIFE INSURANCE. To tax Epitok or THE HERALD :-~ Under the above caption I include every whole-life or endowment insurance policy which does not stipu- late an equitable and determinate cash surrender value for eacb year of its term, With slight exceptions there is, as yet, no other sort of life imsurance in ex- istence. The practice is this:—A man pays in advanco each year consiucrably more than enough to com- pevsate the company for the risk it runs on him that year, aud besides that, as much or more to constitute a self-insurance fund, ich goes more and more to diminish the risk borne by the company from yearto year, Ifhe stops pay:ng av. any time, no mate ter how much this self-idsurance fund may bave in- creased, and although, apart from it, he has paid for every particle of iusurance he has had, be cau witb- draw none of It, because it is not so nominated in the vond, but quite the reverse, In fact the longer he stays in and the more profitable he bas been to the company by not dying the more 1t costs him to get out, For example, in the largest company in the world, which professes to hold a sell. insurance fund of $80,000,000, under = its Tule last published, a man who at forty takes u policy | for $10,000 will have to pay or lose $1,800 more to re« Lire at the ead of thirty years than at the end of two years. ‘This seems to me decidedly a mouse arap | father than a fair business arrangement It has two or three particularly bad consequences. First, it vie~ timizes short purses for the benefit of longer ones, Second, it tempts the managers to use the money that does not belong to them, and then lie about it. Third, it disgusts the public with the whole business as noth. ing better than a swindle. What has ruined the Con- tipental, the Security, and now the New Jersey Mu- tual, grows out of a bargain not fit. to be made because it does not equitably detior the way out us well as the way in, Janvary 30, 1877. WAS BRYSON SPIRITED ACR WRIGHT, AWAY? Considerable excitement exists in temperance cir- cles and among the Temperance Brotherhood of Brook- lyn over the disappearance of Thomas F. Bryson, one | ofthe brotherhood’s agents, who was actively en- gaged in gaining evidence against the thirty-nine liquor dealers recently indicted by the Grand Jury ot the Kings County Cour: of Sessions. It was generally believed by the saloon keepers that Bryson was the most important witness against them, and the Temperance Brotherhood thought that some scheme | would be adopted by thom to get rid of their supposed enemy. A strict watch was therefore kept over Bry- | son; but, notwithstanding the vigilance of the brother- | hood, on’ Tuesday afternoon last he mysteriously dis- appeared, and lias not been seen since. In # conversa. tion with a Heranp reporter yesterday Mr. Cotter, Chiet Agent of the Temperancs Brotherhood | of Christian Churches, stated that he was told by a liquor dealer that Bryson had becu induced to enter a saloon on Myrtle avenue, and partake of sume ox tail soup. ‘Tho soup, | ho said, contained some ingredient which made Bryson very sick. Mr, Cotter’s informant acknowledged hay- ing been a witness to the proceeding, but disclaimed haying participated in it in apy shape or manner. Upon learuing this fact the Temperance Brotherhood immediately engaged a special detective on the case, The result of tho detective’s work so far has been to trace the missing man to Fulton Market, this city, where he was last seen in company with one of the recently indicted liquor dealers, Mr. Cotter refused to disclose tbe name of tho denier, stating that ite publication might interfere with the efforts made to unearth tbe plot which the Temperan Brotherhood thought had been concocted tor the pur- pose of spiriting Bryson away. ‘Tue missing man’s mother, who resides in South Brooklyn, is grief- stricken over the strange disappearance of her son. The temperance people are of the opinion that Bryson has been placed on board of to a foreign land, His absenco | they say will )n no way interfere with the prosecution of the thirty-nino saloon keepers, as Mr. Cottor is the | chict witness against them. Mr7K. H. Blanchardand | Mr. John Adair, also agents of the brotherhood, are also witnesses.” Should the disappearanco of Bryson show any Indication of foul play the police will at once be brought into requisition HIGHWAYMEN IN BROOKLYN. Mr. Felix Waterbury, a well known and respected resident of Madison street, near Grand avenue, Brook- lyn, after having left a Fulton street car shortly aftor ove o'clock on Friday morning, and while passing quietly along near the Capitohine grounds toward his home, was suddeniy contronted by a brace of burly Tuflians, who demanded to know the time, Mr | Waterbury at once had nis suspicions aroused, and | endeavored to effect bis exeape by alleging that ne | had no time piece with him, but the glimpse | Villains caught of a gold chain dangling from his vest pocket, seemed to disprove this subteringe, aud they ingtantly commenced an assault upon the unfortunate | gentioman. A severe struggle ensued, and S oury, being aman of stout build muscular development, ing the blows aimed at ti assailants at bay. ot such unequal proport must lave eventu- ated in the killlug or vere banding of the victim and the theft of bis valuables large suin | of money he happened to have in his possession at the time. Lackily, when the highwaymen were about to reap the beneiits of their dastardly assault the appear- ance atthe head of the strect of a party of hilarious | Germans convinced the highwaymen of the necessity | of decumping, and they fla precipivately, leaving the | object of thet outrage maimed and bleeding tron a number of Wounds and well nigh exhausiod from the | extraoraimary offorts put forth vy him tv defend his | ile, 1 THE SPITEFUL SPITZ. MEDICAL OPINIONS ON THE SUBJECT OF BIS SUPPRESSION, ‘ In the leading drug stores and other rendezvous of physicians, yesterday afternoon, one of the principal topies of canversation was the Herat.p’s revelations as to the increased mortality from bydrophobia trace- able to the recent popularity of the Spitz dog. Singu- lar as it may appear to those who are well acquainted with the recont literature of hydrophobia there are physicians in this city who doubt whether such a mal- ady really exists, and aré inqjined to class the cases usually cited as such under the general caption of bys- teria, Our reporter bad an extended talk with one of these sceptics yesterdsy, who, having never met ‘a roal case of the disorder, was inclined to regard It as @ myth, and all reports as to its existence as sensa- tional. The drift of enlightened medical opinion, how- e fs that the peril consequent upon ‘the fntro- duction of the Spitz in America 1s such as to call tor immediate action. “There are no statutes in exist- ence,’”’ said a medical critic yesterday afternoon, “which at all adequate to mect the exigency that the Hrnaup has demonstrated to exist by an appeal to the records of the Coroner's office. These recurds, so far from presenting an @: erated view of the eub- Ject, cannot be considere: at all exhaustive ef ‘the facts. On the contrary, it is not probable that more-than one-half. of the genuine cases of bydro- hobia that occur in this city are ever reported to the oroner, In respectable circles people bave a sort of terror of the notoriety of an inquisition aud of the very idea of having a relative or member of the family submitted to post-mortem examination; and the con- sequence is that the f fictitious cause of ; repo! under some other head in the weekly statistics of mortality.” ENLIGUTRNING THE DOCTORS, “Cases of hydrophobia,” said the venerable Dr. Joseph Worst oi Enst Thirteenth street, jterday in response toa request for his opinion, “have been so rare in my practice that [ have no mofe thar a few general impressions to offer on a subject upon which real light is needed, Of courso, it has long been the opinion of the ablest physicians that hydrophobia may be communicated by a healthy dog; but the idea that one species 18 more dangerous than ap- other has not heretofore received any atton- tion, because, perhaps, cases of genuine ‘hydro- phobia have, until within the Just tow yoars, scarcely entered at all into the experience of the geu- eral practitioner. Whether the sall of the Spitz is more deadly than that of lis fellows, or whether the mortality due to his agency is occasioned by the fact that of all the wounds received from the teeth of dogs ninety-nine in every hundred inflicted _ b; this single species, 18 9 question that fature observ: tions must determine, Tho Hrraup opened the oyes of the profession to the fact that, whatever the physical cause may be, the Spitz 13 res; sible for the recent augmentation of cuses of hydropbobia In the United States, It makes no practical differ- ence how science settles tho minor question, The major one is that something should be done to expel the Spitz from human society, Our existing sanitary regulations ure not formed tu such a manner | as to cover the new issue. They presuppord, in the first place, that dogs are only Hable to rabies during the summer months; and second, that tho teeth of a non-rabid animal cannot inoculate with the poison. ‘As they stand, therefore, the rogulations are of no wu whatever during the spring, avtomn and wi: months, when, of the two, the Iiability to inoculation fs greatest, 1 think the Hxaaup should udvodate a coniplete reconstruction of the sanitary code as con- cerns the dog question,” SUGGESTING REFORM. “Have you anything to suggest in that. way, Doc- tor??? “Why, yes,’? replied the aged practitioner. “First, the ;rovisions of the code should be applied all tho year 101nd and dogs should not bo permitted on the Street ut all unmuzzled, Second, to reduce their number a sufficient tax should be lald on dogs to ren- dor Spitzes an expensive luxury. This would tend to exterminate all except valuable breeds of dogs and to keep the latter within convenient limits.” Dr. Charies H. Shepard, of Brooklyn, who hi ven considerabel attention to the subject, thinks a man might as well keep a tame rattlesnake as a spitz; but, bein an entbusiast for Turkish baths, he is rather grateful for any dispensation of Providence that tends to demonstrate their value, He concedes, however, that after the paroxysms bave once setin medical skill hae hitherto proved unavailing to avert or even to post- pone the fatal sequel. MORE LIGHT. The views enuueiatod by Dr. Worster adequately rep- resent the driit ot scientific opinion on the spitz question. Although the increasing frequcocy of cases during the dai ten years bas been such as to render practicing physt- cians familiar with the symptoms of hydro- phobia, very few have obgerved a sufficient number ot cuses in all their circumstances to establish any direct relation between the beautitul little Spitz and the re- cent deaths from this source. The majority of our practitioners frankly state that although the materials for the formation of correct views on the subject may have existed for years in scattered inquisitions and ro- ports, no one has taken the trouble to collect and col- lute them as a part of medical literature, 01 mber of the profession whom our reporter visited yesterday nad observed and called the attention of his society to the curious fact that cases of bydrophobia ase more common among the Germans than any other class ot citizens, but the solution ot the problem bad not oc- curred to his mind until the agency of the spitz was pointed out and demonstrated by the incontestible evi- dence of statistics, Ho believes that the Board of Health should submit sach amendments to the sani- tary code as will cover the more recent tacts. He also suggests that such regulations should always be made sell-exccuting—that is to say, infractions of the code should be made punishable with fines, part of which should inure to the person making the complaint, thus enlisting the self-interest of every eitizen in the ef cient administration gf the law. He is not appreben- sive that our German population will enter upon any fooltsh opposition to regulations which are both sala- tary and convenient and tend toabate the nulsance Createu by the present lack of a rational and compre. hensive dog law. He proposes to verify the facts and records of inquests cited in the Herap 6nd tolay thom Defore the Medico-Legal Society at an early date, NORTH SIDE ASSOCIATION. THE APPOINTMENT OF COMMISSIONERS FOR STREET OPENINGS—PROTECIIVE MEASURES FOR PROPERTY HOLDERS, The North Side Association held a meeting yester- day afternoon at Carr’s Hall, 158th street, corner o Third avenue. Mr, J. R. Angel, the chairman of tne committee to which was reterred a resolution passed at the last meeting, to ascertain the mode by which eight streets had been orderod to bo opened and regulatea by the Supreme Court in opposition to the wishes of the property owners, reported that on account of their inability to compel witnesses to testify, as well as to obtain doca- mentary evidence, they had to rely mataly on informa. tion brought to them, The report stateu that, accord- ing to chapter 604 of the Laws of 1874, the Department ot Parks was vested with unlimited discretion in the selection of +trects to opened, and that the Commissiouers of Estimate and As- sessments were vested with a like ‘discretion in the performance of their duties, hence the action of these bodies, though opposed to the wishes and ipjurious-to a large number of property owners, was not legally wrong. The committee also reported that none of the Commissioners of Estimate and Assessments are residents or property holders in | the Twenty-third and’ Twenty-fourth wards, and totally ignorant of the iocation of the new streets and the wants aud wishes of the citizens in the matter; that of the Commissioners for Street Openings one ia a law partner of the Chairman of the Board ot Aldermen, the other a brother of the Chairman of last year’s Board, and the third is a local politician; that they have beon selected without regard to their kuowledge of the topography of the ground tu be improved and the wants and necessities of the people most interested in the matter, A series of resolutions followed the report, request- ing tho Commissioners of the Department of Public Parks to take no proceedings other than for such im- provements as are immediately necessery, and that in the appointment of uny Board of Commissioners of Estimate and Assessments the property owners be rep- resented by the appointment of persons residing in the Twenty-third and twenty-fourth wards, A SAFRGUARD FOR TAXPAYERS, Mr. H. N. Camp presented a resolution, which was adopted, authorizing the Law Committee to take such measures as it deemed proper to get an act through the Legislature tothe effect that no action shall be taken to cpen a street unloss at least one-half of the owners on said street 6hall have signed a petition for the same, This, Mr, Camp id, would throw a rafe- guard around property owners from any injudicious act on the part of the Department of Parks. MARRIAGES AND DEATHS, MARR ED. Broavuerst—Waitmore, —In Brooklyn, January 24, 1877, at St. Peter’s Protestant Episcopal church, State ab, by Rev, J, A. Paddock, Joun T. Broapuuret to ‘Axty A. Warrstore, both of Brooklyn. at br. Gnoun—HuNt,—On Wodnesday, January 31, 1877, residence of the bride’s parents, by ihe Rev, Clapp, Mary ©. F., eldest daughter of George W. Hont, EB lof Brooktyn, FE. D. No cards, Hatry—Braxcnan,—in Brooklyn, January 29, at the residence of the bride's parents, by the Rey. Jas tin D, Fulton, Joseen A. Harry to Matinva E., dabgh- ter of Jolin Blanchard, Esq., all of this city, No cards. Lou1s--Gjover.—By the Rov. Theodore Irving, Wedacsday, Javuary 31, 1877, Mr, Cnanies Louis and afiss Many Grover, both of this city. No cards, DISD. Axronanont,—In Brooklyn, ob Friday, February 2, 1877, Luigi ANTONAROL, 10 his 73d year, His friends ure respectinily invited to attend the funeral, from his late residence, No, 1,010 Myrtle av., corner of Yates, on Sunday, February 4, at two o’clock nvs——At Montclair, N, Axpuvs, relict of Chauncey Andrus, aged 77. Funeral will tuke place from her late residence, at Monte J., Sunday, February 4, at ono o'cloox. y (NX. J.) papers please copy. Saturday morning, Pebruary 3 J. Fraxk Barranry, im the 40th your of his age, Notice of tuucral io (o- worrow’s paper, J, February Mrs. Tr, in tbe Beeb Notice of fs 4, Paumy 4 wife of Albert Badeau, im the 0b:h year of age. ‘Tho relatives aud friends of the family are respect- fully invited to attend the funeral, irom tho residence of ber alee, Charles MG marae, ae faye ruary 5, at twelve o’cloc! Carriages Ww: waiting at New Rochelle depot on arrival of 10:10 A. M. train from Grand Central depot. . ly, on Friday, February 2, Montox Brock, in the Gist year of his -. relatives are invited to attend his peral, the Church of the Intercession, 158th st. and Grand Boulevard. on Monday atteruooa, at two o'clock. Train leaves Thirtioth street depot, Hudson River Raltroad, at one o'clock. Carriages will be in ‘waiting at 152a streot depot. CLosx.—On Friday, February 2, Euua’ m., anughter of David and Harriet A, Close. Funeral services at the residence of hor parents, by 118 West 43d st, on Monday, Febri four ‘vary . M. \ ‘Carrioan.—On Friday, February 2, after a lingering iNnese, Joux Carnicas, in the 72d yoar of his age. tives and friends of the tamily are respectfully Snvited to attend the funeral on Sunday, February 4, eae late residence, 138 Franklin st., at ball-past ‘one P. M. ‘Crosk.—On Friday, February 2, Exuua M., daughter of David and Harriet A. Close, Funeral services at the residence of her parents, No, 118 Weat 43d st, on Monday, February 5, at four P. M, ’ Relatives and friends aro invited to attend. Duane. —On Saturday, February 3, Davip Duang. The relatives and friends nre respectiully invited to attend the funeral, from the rosidence of his brotner- in-law, Dennis Cronin, No, 330 av. A, on Monday, 5th inst, at ono o'clock. Ditro.—On Thursday, February 1, Canoutne, wile of the !ate Joseph Ditio, in the 67th year of her age, Relatives and friends are invited to attend her fu- neral, from the residence of her son-in-law, Edwin anne 427 East b5lst-st., on Sunday, the 4th inst., at two P. M. FLKAN.—On Tharsday, Fobruory 1, 1877, Brerua J., wite of Louis J. Elkan, in the 36th year of her age. Friends aro respectiully invited to bor tuneral, from 137 Grand st., on this (Sunday) morning, at ten o'clock, punctually. f Forrts.—On Wednesday, January 31, Gustave Fouxrta, in she 64th de of his age. st Funeral will take place from his late residence, Feit.—On Friday, February 2, at Stupleton, Statep uw East 40th at., on Sunday, February 4, at ten A. M. Island, JosneuiNR ANTOINETTE, only daughter of Wile ® Ham and Kate Feil, aged 6 yoars, 6 months and 9 days, Funeral on Tuesday, February 6, at Philadelphia, from the residence of her eranparenity 621 Spruce st. GrappiwG.—On Thursday, February 1, of consump- tion, Asa W. ADDING, in the 30th year of bis age, ‘The relatives and friends of the family are rospect- fully invited to attend the funeral, from bis late rosi- dence, 339 West 47th su, Sunday, at one o’clock, In. torment at Woodlawn. Somerville, (N. J.) papers please copy. Grice. —At Newark, N. J., on February 2, Saran 0., wite ot John R. Grice. Funeral from her late residence, on Fobruary 6, at two o’elock. Garcia.—On Saturday, the 3d inst, at his resi- dence, No. 123 Madison av., Ramon Gancta, of Cadiz, Spatn, aged 65 years. ‘His triends and those of his son John, also those of his brothers, Miguel and John Garcia, are respectiully Invited to attend his funeral, on Monday, tho 5th inat., atten o'clock A. M., from St. Patrick’s Cathedral, Mott si., where msolema high mass of requiem will be offered for the repose ot his soul. Ginvooy.—-February 3, Devi GiLLooM, native of parish of Drumelitt, county Sligo, Ireland, The relatives and friends are respectfully invited to attend the funeral, from his late residence, 64 Varick ‘on Monday, 5th inst., at balf-past one o’clock. |AkT.—At bis residence, 241 Plymouth st., Brook- lyn, Patrick Hart, in the 66th year of bis age, native of Granard, county Longford, Ireland, Services at St. Anne’s, corner Front and Gold, at hall-past nine A. M., Tuesday, Cemetery of the Holy Cross. Friends, &c., &c, Hustsr.—In Brooklyn, on Febraary 3, 1877, Jamxs L. Huxtsr, in his 76tb year, Friends and relatives are invited to attend tho funeral from his lato residence, 808 DeKalb av., on Tuesday, at eleven o'clock A. M. Keatixa.—On Friday, February 2, of orysipelas, Tuomas KEATING, aged 44 years. Relatives and friends of tho family are respectfully invited to attend the funeral, from his late residence, 66 Degraw st., Brooklyn, on Sunday, February 4, at two o'clock. Kruox.—Mrs, Mary Krnox, the mother of Mr. Sim. D. Ketioe, a well known citizen of this city, died at her residence, 243 Van Brunt st., Brooklyn, aged $1 years, Keusey.—Fansy C, Keusry, in the 78ib year of her age, atthe residence of her son-in-law, Captain John B. McElwain, 237 East 30th at. Funeral from Memorial chapel, 30th st., near 3d av., on Monday, February 6, atone P. M. Kirsy.—On Friday, February 2, Cornativs Kinsey, aged 61 years. ‘The relatives and friends of the family and ot his us-in-law, Owen Murphy and P. K. Horgan, aro ro- specttully invited to attend the funeral on Sunday, February 4, at one o'clock, P. M., from his late resi- dence, 649 2d av. The remains will be inteyred 1» Cal- vary Cemotery. Leany.—On February 2, Daxizi Leamy, aged 59 relatives and friends ‘of the family and those of M and William, and his brother re _respectiully invited to attend bis funeral, on Sunday, February 4, at two P. M., from his late nce, 113 Cherry st, iis remains will be taken to Calvary Cemetery for interment. MaGraxz.—At Newark, N. J.. Pebruary 2, Lucy B., wite of Henry 8. Magrane. Funeral to-day (Sunday), at four o'clock, from St Péter’s church, Bellville. Mxxtrvr.—On February 1, Berxapixa, the beloved wite of George Mentrup, Sr., aged 73 years. 3 months and 14 days, Requiescat in pace. Relatives and friends are respectfully invited to ttend the funeral, on Monday morning, ai balt-past mine o’ciock, from ner late residenco, 817 Fulton st., Carlton; from thore taken to the Church of St. Bonafcius, Duffield st., whore a solemn requiem m: wiil be offered for the repose of her soul, und from thence to the Cemetery of the Holy Cross, Flatbush. McCarty.—On Friday, #ebraary 2, Extex, wife of P. McCarty, aged 74 years. ‘The re! and friends of the family aro requested to attend the funeral, from her late residence, 30 West 44th st., on Sunday, 4th inst., at-balf-past one o'clock, Interment In Calvary. Mxruitr.—At South Norwalk, Conn., on Friday, February 2, Jonx T. Merurrt, aged 63 years, Funeral services at his Inte residence, on Monday, February 5, at two o'clock P, M. Relatives ana iriends invited to attend without further notice. Macuire.—On Thursday, February 1, Mrs, Faxsy MaGuing, aged 76 years. Relatives and friends of the family, and those of her son Jon, are invited to attend the funeral from the residence of her daughter, Mrs. M. I. Kiernan, No. 453 West 35th st, on Sunday, February 4, at’ ono o’cloc! yMcMaster.—On Friday, alter a lingoring ilincss, Maroarxt, wite of Jobn D, McMaster, in the 25th year of her age. Relatives and friends are respectfully requested to attend her funcral, this (Sunday) afternoon, at two oes from No, 5 Patchen place (West 10th st., near 6th av.) U’Brizy.—On Friday, 2d inst., Joun O’Brizy, in the 41st year of his age. Roiatives and iriends, and those of his brothers, Jeromiah und Dennis, are invited to attend the funeral, from his late residence, 43 Vark st, at two o’clock P.M, this day. Prevost.—On Friday, 24 inst, at Yort Washington, Louise Brkavt px St. Maurice, wife of Victor Pre- vost. - ‘Relatives and friends of the family are respectlully invited to atiend the funeral servives, at St. Eliza beth’s church, on Monday, 5th inst., at eleven A. M. Carriages will be in waiting at Fort Washington on ar- train. trom 30th st. WweSSY,—ID Brooklyn, Saturday, February 3, Parsrick Saavenxessy, in the 36th yoar of his age. Requiescat in pace. Relatives and friends are respectially invited to attend the funeral, from bis late residence, 245 Adams st., on Monday at two P, M.; trom thence tne remain will be conveyed to Holy Cross Cemetery, Flatbush, Galway and Limerick papers please copy. Scort.—In New York, on #riday, February-2, 1877, Ronent B. Scorr, aged 38 years, 6 months and 14 days. Relatives and friends are respectfully invited to at- tend the funeral servico, at 229 West 39th st., at balt- past ten A. M., Mouday, February 5, 1877. + ugerties (Ulster county) papers please copy. “ann.—Suddenly, on Friday, February 2, Jonw Sxxaun, aged 49 years. Relatives and friends of the family are respectfully invited to attend tho funeral from his late dence, 369 Weet 36th ston Monday, February 6, at one o'clock . M. Tayton.—On Friday, February 2, Rosrrts R, Tay- nd friends are invited to attend tho fu- Jate residence, 204 Ellison st., Paterson, 5, attwoP. M, Lor. Relative eral, from N. J., Monday, Februa Twrrorp.—The first anniversary mi of the soul of the Jate Mrs, Alico Nolan Twyford will be celebrated at the Church of Our Lady of Sorrows, Pitt st,, near Stanton, on ‘lucsday, February 6, 1877, at nine A. M, Wratsrrimip.—February 2, Wrriam U. Wxster- rieup, son of James C. and Jano Westertield, in bis Slat ea tf ‘Relatives and friends of the family, also membors of Knickerbocker Lodge, No. 642, F. and A. M., aro in- vited to attend the iuneral, from the Bediord street Methodist Episcopal church, corner Morton and Bed- ford sts. at half past twelve P. M., Sundsy, Feb- ruary 4. Kyrokervocker Lopar, No, 642, F. axp A. M.— BreTuREN—You aro requested to attend av emergent communication, to be held In Chuton Room, Masonic Temple, on Sunday, February 4, 1877, at half-past elevon o'clock, for the purpose of attending the funeral of brother William U. Vike lad Brethren of sister are invited, By order. ae 4 WILLIAM R, PAYNE, M. Joun MILiar, Secretary. Warixzonx,—On Saturday morning, February 3, 1877, MARGARET WeIXz0RN, beloved wife of Joseph Wein- zorn, aged 59 years and 16 days. Friend@ and relatives of the family invited to attend her funeral, from | 297 Tth st., Monday, February 5, 1977, Wruite.—February 2, at her lato residence, 208 West 40th st, Manin ApELE, wife of Samuel P. White, Relatives and friends aro rospecttully invited to at- tend the faneral services, at the Uhapel of St. Chrysos~ tom, corner 30th st, and 7th av., on Monday, the Sth, at o respect(ully jate residence, ‘ono o'clock P, M. YousG,—In Brooklyn, wife of Waldron Fonne, ‘Notice of funoral in Monday's paper. on Saturday morning, Anny, “FINANCIAL AND COMMERCIAL. The Stock Market Irreguiar—A Sharp Con- test Between Bears and Balls, GOLD 105 1-4 A 105 1-2. Money on Call 3 and 4 Per Cent—Government end Railway Bonds Steady and . Moderately Active. THE BANK STATEM: A DECREASE. Waut Street, } Sarurpar, Feb. 3—6 P. M. ‘The romancors of the Stock Exchange will quickly lose their reputation for invention unless they exhibit greater powers of imagination than they have lately done. Days pass without the appearance of a single canard, when formerly they flew tn flooks, and nothing better is afforded for street gossip than a revival of somo crippled yeteran which has already passed through the fire of speculation. This poverty of in- vention was shown to-day in the revamping of the maby times told stories having for their burden a fresh breaking out of hostilities among the railroads and the !mminent settlement of the telegraph oppo- sition, based on a codsolidation of the rival lines: ‘These reports came, however, in such a threadbare guise that they simply met with the contempt that familiarity is sald to breed, and they consequently pro- duced little or no effect upon the course of prices. Early aealings wore in a market that was weak and declining, the natural result of last night's feverish- ness; but.lutor in the day prices grew gradually stronger, and at the finish showed the best figures of the session for the majority of the activo stocks. ‘There was a diminished business done in-Now Jorsoy Central; but it still afforded the greatest fluctuation of tho list, with a net result of nearly two points !mprove- ment upon the lowest prico It wag, moreover, used as a lever to move Western Union and Lake Shore npward, the Mills brokers, to whom is now accredited the management of the tele- graph pool, having taken this means to create a strong foundation for the unloading of these properties, It neems quite clear that the Western Union clique got more than they bargained for when making thoir pur- echanes, and now find they bave acquired a white elephant as well as some slippery partners. How to get rid of a beast which they can neither afford to keep nor give away 18 the problem which it was endeavored to solve to-day by supporting the coal stocks and Lake Shore, while telegraph sbares were being sup- plied to buyers, whose appetite had been whetted by the consolidation canard. The result of all this gerry- mandering Wasto advance’ New Jersey Central, as noted; to market acousiderable supply of Lake Shore at steady figures, and to create transactions to tho ox- tent of over 58,000 shares in Western Union at prices which rangod from 76% to 7534 and back again to 7614 at the close, The bulk of the day’s deal, ings wore in the securities above referred to; Pacific Mail camo next with a new departure on one of its periodical voyages in quest of a market value, and to manifest to the Board that the concern is still afloat and touting for passengers for a short specu. lative excursion, St Paul preferred likewiso did moderately well in an advance trom 4834 to 4914, which were its closing figures, The improvement was founded upon the proverbial expression of ‘‘We are not so bad as we seem,’? and proof of this was afforded in tho statement of earnings for the last week in January, which, although showing a loss of $27,000 In comparison with the same time last year, wero in reality only half as bad as had been anticipated. . Business in other stocks was confined to meagre di- mensions, and was without signification of any kind, the market closing up with considerable firmness and generally at the nighest prices of tho day. THE SALES TO DAY. The transactions at the Stock Exchange to-day ag- gregated 151,417 shares, which were distributed as fol- lows:—New York Contral and Hudson, 1,034; Erio, 100; Lake Shore, 30,200; Northwestern, 100; North. western preferred, 1,715; Rock Island, 1,928; Pacific Mail, 11,000; St. Paul, 1,465; do. preferred, 7,600; Ohios, 500; Western Unjon, 53,650; Union Pacific, 400; Hannibal aad St. Joseph, 2,200; do. preferred, 1,100; Delaware, Lackawanna and Western, 14,400; Ne& Jer- soy Central, 11,900; Michigan Central, 4,970; Delaware aud Hudson Canal, 655. OPENING, HIGHEST AND LOWEST PRICES, The following table shows the opening, highest and lowest prices of the day :— Opening. Highest. Lowest. New York Central + 101s 124g 101 4g Erie. a 9% OM Lake Shor 55% b445 Northwestern 35 35 Northwestern preferred.. bby bog Rock Island, « 10136 10135 1ol'y Milwaukee ‘Se. 19% 18% Mil, and St, Paul prof. 495 4835 Del., Luck. and Westero.. 6955 68% New Jersey Central. . 27 25 Union Pacifi . 674 66 Ohto and Mississippi, OH 6% Western Union. seeee 767% 5% Atlantic and Pacifle Tol... 15% 154 Pacilic Math...eee.+. 253% 247% CLOSING PRICES—3 P. M, he Offered. Mil & St P pf. 4055 CCRTC.. 2%q Pacific Mail, Went Un Tel. Quicksilver 1 Quicksilver pf. 2135 Je... Marl & Min’ “4 Han &StJo "12 Mar LaMpe. 5 Han & St Jo pt 6 Adatas Expressl0¢ LS & MBo. Amer Express. - 9 Mich Central 47 Usexpress, | S13g NY & Harlem,140%4 ox ¥4 NYCEUR.IN 102 2 7 8 oon Illinois Cen... 52 Bis el & Hud..... OL 61g ADVANCE AND DECLINE, The following are the changes in closing prices com- pared with those of yesterday :— Apyance.—Delawaro and Lackawanna, 5; ; Delaware aud Hudson, 4; Hannibal and St, Joseph common, 1; do; preferred, 3,; Michigan Central, 14; Morris ana Essex, 34; Jersey Central, 3; St. Paul, 14; do. pree ferred, 34; Union Pacific, 3; Adams Express, 34; American Express, United States Express, “1; Wells-Fargo, %, and gold, %. Decrixe.—AUantic and’ Pacife Telegraph, York Contral, 144; Burlington and Quincy, 34 ©, and L., 343 Erie, 44; Northwest common preferred, 44; New Haven, 4; Obto and Mi 44; Pacitic Mail, 3%; Qutckstiver, $5; Rock Island, 35; Western Union, 4. THE MONEY MARKET. Money closed casy at 3 per cent oncall. The fol- lowing were'the rates of exchange on New York at the under mentioned cities to-day:—Savannab, buy- ing par, selling 4s @ 34 premium; Charieston, nomi- nally 3-16 par, off 1 light; Cincinnati, quiet, buying par, selling $1; St. Louis, 25 to 50 premium; New Or- | teans, commercial par to 1-16, bank 4 premium, and Chicago, 25 to 50 premium. Sterling exchange was steady; primo asking rates, 4.86 and 4,86)4; selling rates, 4.8414 and 4.8535 04.86; reichmarks, 9475 a 95 and 9544 0 055g; cables, 9614, I’rime Paris firm, 5.1675 and 5,143. THE BANK STATEMENT. The bank-statement shows a decreaso of $828,000 In total reserve--the difference between a gain of $1,053,900 legal tender notes and a loss of $1,881,000 specie, The surplus reserve is down $944,525 or to $23,837, The banks, in addition to gaining during the week an average of $1,053,900 legal tender notes, gained about $500,000 national bank notes, which is important only as showing the drift of the curroncy movement, The following ts a comparison of the averages of the New York banks for the past two week Jan, 21. Feb. 3, Differences. .$263,156,100 $254,011,800 Inc. | $855,700 . ), 187,000 88,305,100 Dee. 1,851,900 Legal tend’s 42, 43,305,100 Ine.. 1,058,900 30, 231,091,700 Inc.. "466,100 15, 15,428,300 Dec.. 67,600 ‘The following shows the rol: reserve and the total labilit Specie. ..... $40,187,00088, $305,100 Dec.. Leg, tend’rs, 42,251,200 43,305,100 Inc.. 1,053,900 Total res’ve, $82,438,200 $81,610,200 Deo, $825,000 Reserve re- quired against de- posit Exeess of resorve above le- gal re. quirem'ts., 67,656,400 81,772,024 781,800 23,837,275 Deo $044,525 pon, 118% = 11974; do. do, 1865, 108 ; do, de., do., coupon, 108% = 108% ; new, registered, 11034 0 11034; do, do, da, 1104 a 110)6; do. do., 1867, registered, 113; do, do,, do., coupon, 113}¢ 011334; do, do, 1868, regise tered, 116 a 117; do, do,, do., coupon, 116 a 117; do, ten-forties, registered, 110% a 110%; do, do., cou- pon, 114% 011434; do. fives, 1881, registered, 1105 a 110%; do. do., do., coupon, 110% 9 110%; do. 43<*s, 1891, registered, 10714 a 1074. ‘THE GOLD MARKET. Gold opened at 1053, rose to 10554, and closed at 10534. ‘The rates pald tor carrying were 4, 334, 3, 2, and 234 per cent. Gold clearances at the National Bank of the State of Now York :— Gold balances. .. Currency balances. Gross clearances CLEARING HOURE ‘STATEMENT. WEEKLY CLEARING HOUS! Currency excnangos. . Currency. balances, Gold exchanges, Gold balance: + THE UNITED STATES TREASURY. Revenue rece!pts to-day, $450,000; customs receipts, $470,000, Despatches trom Washingion state that tho Treasury now. holds $339,121,950 in bonds to sequre bank circulation, and $19,199,000 to secure public de- Posits, United States bonds deposited for circulation during the week ending to-day, $1,304,000, United States bonds held for circulation withdrawn for-tho week ending to-day, $1,214,000, National bank cirow a —currency notes, $318,880,348 ; gold notes, $1,428,940. Kecoipts of national bank notes for redemption to-day, $748,000, FOREIGN COMMEROS. The total imports for the week were $6,495,787, or which $2,610,416 consisted of dry goods and the re muinder goneral merchandise, ° THE YORKIGN MARKET. The London advices report a steady market for con- sols and United States bonds, Tho Bank of England Jost £67,000 bullion on balance to-day. Bar silver was quoted at 57344. per ounce, At Frankfort our new fives rose to 1035;. Rentes are 106f. 300, Exchan: on Londog, 25.1334. The rate of discount on three monthg’ bills is 114 per cent, The following are the half-past one P, M. prices:—Consols for money, 9545 a 9534; do, tor account, 955; 29534; 1865 bonds, 105345 1867 bonds, 109%; ten-forty bonds, 11034; new fives, 10734; Brio, 934. RAILKOAD. HONDS. In ratlroad bonds a well distributed business wag done at tho board and prices were generally highe! New Jersey Centra! firsts new advanced to 103), a rise of 134 since yesterday. The Lehigh and Wilkes- barre consols sold at 56, against 56 bid at the close yos- terday. Tho other changes were as follows:—An ad- vance of 1 per cent in Poledo, Peoria and Warsaw firsts (weatern division) and Obio and Mississipp! consoli- dated; 34 in Milwaukee and St. Paul (La Crosse divi_ sion), Ohio and Mississipp1 consolidated sinking fundg and Toledo, Peoria and Warsaw firsts (casterh divi- sion); 3 in Union Pacific sinking funds, % in Albany and Susquehanna seconds and New York Central firata coupons, and 34 in Chicago, Rock Island and Pacilc sevens and Union Pacific firsts. There was a decline of 3 in Hannibal and St. Joseph olghts, convertiblo, and St. Louis and Iron Mountain firsts, and $4 in Cen- tral Pacilic Srsts (San Joaquin branch and California and Oregon branch). This afternoon New Jersey Con- tral firsts advanced to 104, an improvement of 1 por cent for the day. Albany and Susquehanna seven sold at 101%{, Dolaware and Hudson registered at 100, and New York Central firsts, coupon, at 11734. The following were the closing quotations tor Pacific Rail- road bondi Union firsts, 1043; a 10434; do. land grants, 103 a 10344; do. sinking tunds, 97 9 98; Con- trals, 107% a 108, STATE BONDS, State bonds aro firmer. Connecticut sizes advanced 3 por cent, Missourt long sixes 1; per cent and Vir- ginin consols 3 per cent; while Missouri sixes, Kansas snd St. Joseph issue of 1887 declined % per cent, District of Columbia 3.65’s brought 72 a 7234 a 7234. BANK SHARES, Bank shares were quiet. American Exchange sold at 108%, Contral National at 101, Hanover at 90 an@ Commerce at 1093. MILWAUKER AND ST, PAUL. ‘The following aro tho earnings of the Milwaukee and St. Paul Railroad tor the fourth week of January :— 1877. 1876... PHILADELPHIA STOCKS, The closing prices of Philadelphia stocks follow! City sixes, neW.......-s0+0+ n2y United Ruflroads of New Jersey. 140 4676 My Lehigh Valley Railroad. atig Catawissa Railroad preterred aw 36 Pbiladeiphia and Erie Railroad..... 13% lh Schuylkill Navigation preferred... 9 10 Northen Central Railroad. 25 25% 2 1% Hestonville Railway.. 1 Central Transportation. 30 MINING SHARES, The following are the closing prices in San Fran- Kossuth 1 Kentuc! 8 Best & Bolche Leopard. 4y Bullion. ..ssseeeeeeee Mexican, Wg Consoltaated Virginia Northern Belle. Pd overman,. 9396 pee » 26 aymoud & El, 5 Silver Hill... ts Savage... Segregated Belcher. Sierra Nevada, Unton consoli Yellow Jacket... « 1b Eureka consolidated. 19% tions in New York :— SALES BEFORE CALL. 109 shs Alpha 4 10) shs Lucerne, 1 ogee a iste if » Bertha. + CBM 100 Merri 190 Bullion. ED «Ta pai: yaseeaas 5 H Bi do" S15 17" 100 Yell Ms 150 Chollar-Potosi.s10 78 railed asic FIRST BOARD, 100 shs Bertha, 8!{ Oshs Henry Tunnel 15: 206 do... 4, go. do - 15 200 Bost & Belek 4 15 20 ' Caledonia, 1 100 Chollar-Potos! 1 100 Cleveland.,. sav Con Linperin Y) Con North slope. 200 Con Virginin...b10 800 Crown Point,..s10 20) Mexient 100 Northern Belle. mw ” § 200 Ophi: « 2 100 Exchequer. 200 Go m0 oh 1 rt 100 Orig’ Gommsiock "14g 20 Overman 1015 100 Raymond a8 100 Savage o too ao 9 80) Segres' 674 100 Union € ib 200 shs Lucorn 200 Merrim: 100 d 209 California HOU de 1:0 Cleveland 100 ‘0 nt. nville, i 50 Siorra Nevada.wld ustice. 100 do 810 109 Yellow Jacket.st+ 100 do., do. 10) Lucerne. ion ADDITIONA| 100 shs Alpha 200 Bertha, SALES AFTER CALI. Le 2G TishsHuled Nor Bey 100 he babs 10 | Kentuck. 200 Lucerne, 200 Merrimac. Wo di 2 do 109 Ophir ho Overman i H ae , 0 25 Gon Virginia’ .910 100 81 "% 100 Gould & Carry, «3 La Yellow d in 100 Gould & Ourry 810 3 OGranvillo ‘ Ww do. NEW YORK STOCK EXCHANGE SALES Satvrpar, Feb, 3, 187%, NMENT HONDS. Government bonds were higher this afternoon, BEFORE CALL—10 A. Me 81000 0 Hin Ot... 100 400 aha Mjoh Con RR if é 1 100