The New York Herald Newspaper, September 6, 1878, Page 11

FINANCIAL AND COMMERCIAL The Stock Market Irregular and Fairly Active. Stee GOLD WEAK AT 4003-8. Government Bonds Dull, States Firm and Railways: Stronger. —_-—___ MONEY ON CALL 1 1-210 2 PER CENT. ——e——_ Watt Srzeer, TwuRspar, Sept, 5—6 F, M. } A strict adherence to trath compels the ackuow!l- edgment that the course of the granger stocks this morning, and, for the matter of that, of rest of the market, did pot meet with the apprebation of the bull contingent. The rise of the last two days seem: to bave partaken of the nature of financial freworks, bieh corruscated brilliantly for the tithe being and Shen died out into the biackness of darkness which Burks an unexpected decline, Thore was no turthor Advance to-day in the two favorite Wisconsin roads, \s had been counted on, not even a consolutory Meadiness, but, on the contrary, an unequivecal de- dine, In plain figuros, the Northwestorns were 3 r cent and the St. Pauls full 1 per cont worse off at Whe close than at the opening. Delaware and Lackawanna mado even a more sorry show. ing, in spite of the good backing which sup- ports {t and the fanaticism which Jeads its color blind adnet to regard its prospects under tho reflection Of a couleur de rose. ‘Iwo stocks at least showed in- @ifference to the granger pressure and struck off upon ® tangent of their own, making heaoway in early Dours of at least one pe t and holding on to most of tt at the end. These were Western Union and Central and Hudson. ‘The extraordinary receipts of ain at Buffalo, which can only be depoucned at this port through the intermediary of the railroud and sanal, have vastly increased the earnings of the Van- ferbilt road and afford sufficient reasons for the on- hanced market value of the stock. Something of the tame plethora of trafic is tending to smarten up the market price of tho Hannibal and St. Joseph shares, mbich are attracting an increased attention aud a doiter demand, Had it not been for the broken reod feuture of the grangers, which not oniy lost thom their own support but imporilied that of their neighbors upon the stock list, higher Qgures would have undoubtedly been obtuined tor the woole market. As it tur out—the uuderpin- ning being knocked away—the whole fabric remains sbaky..Thero is no reason to believe, however, that & jurther upward push will not be made, The desire rather to store up shares for the fusure than to tealizo present profits. It is a case (to put it legally) vu nunc pro tunc, in which the preseat is made to jubserve the future by depressing prices to a pur- thasable point previous te advancing them to that ®t w profitable realization. The decline to-day may be, therefore, regarded as having been engineered for & parpose, in the success of which none are so much interested gs the buils themselves, Indeed, they were ratber paper bolts than Parthian suafis that ‘were luunched to-day, aud with the exception of the grangers, which appeared to be the principal target aimed at, thoy tell harmlessly, KANG OF ELUCTUATION. Following are the highest, Jowest and opening Prices, together with the closingquotatio: Open- High- Low. —-Closing.-— et, Bid, Asked, Albany and Sus’a - —_ - Atlanuc and P, T - - 26 Pry Alon und Terre ed — — _ &., B2y% BLK BAK Bl ees 6 B4g Bhig 6635 65% 6536 Chic,, K. 1. and P, sia tt hig ue liza is Chicago and Alton,v 8) al - 8L pil Cnicago and All. pi. — =_ — 100 101 Chic,, Bur, and Q.,.1103¢ ILL 11036 Llu LL ©, Cand 1. © wseed 3% = a 4 Canton Land Co... ‘<b 16 - ae Ww 20 Cousol. Coal Co, ...b Feted Del,, Lack. and bay Del. and Hudsvn 60 493g 493g «4916 My M lay 14% al - 97 9736 — _ 138 139 Han, and st Josep 16% 16% 15 16% 15% Hav. and St. J, pid. 30% = 40 383 3s Mitnots Central 8 = al 19% «19% Lake Shore... 67% 67 Cif OT Micbigan Ceutial Tl Wr WM TA Mile aud St. Paul... 2955 uoig 285 Dwg B85 Mil und Bt. Paul pt. 6734 673g 665g OO, 881 Mao., Kan. ana tex... — - _ 2 2 — $3 82% (88g 83 115 IMB M14 114 y Coutral. dhig BAK BM obrg New Jersey soutn.b bo meee N.Y., Ne 4 HH. .0. 160 = = - _ Ditound Missiasippn TK 7% TH 1% «1% Duiouna diss. pl..v li — = Ontario iver, - - 40 - Pansma.. je! ets ST Pacitic Mail, 18 WK MWK OTK Pictavurg. - - 81 Bly Pall. Pai. ee ah sat 1 a Quicksilver pate 2 13 Quicksliver p - =— ww 3K sel, K = - 4s 4 -~ - 20 2h Oi 64K OIG Oh b Ser rs los bs 1S 16 bs western Unwe Tel. , 93; ot BS: 94: 94) Adams Express, ..b,105 + etapa) 108" 108” iat) ade a il bo -— = 9 Of Mariposa preterred.o 2 - - - _ THE ACTIVE BTOCKS. The sales of stocks at the Board yesterday amounted to 120,358 shai ‘These were distribucea ts lollows:--Delaware and Hudsor, 300; Western Guton, 6,470; Pacitic Mail, 1,000; Ne and Hudson, 1,730; Lake Shore, 32,165; C., C., 1, 9,863; Northwestern, 6,810; Northwestera pr. ferred, 18,120; St Paal, 8,370; St, Paul preterred, 1,805; Deiaware, Lackawanna and Western, 18,320; E 010; Hannibal and St, Joseph, 5,726; Hanni- baland St. Joseph preterred, 4,600; Micuigun Cen- Wal, 3,160; Wabash, 700; Contral of Now Joracy, 400; Dato and Mississippi, 880; Union Pacific, 900; Rock ialana, 600; Chicago, Burlington and Quincy, 845. THE MONEY MANKET. M on call Jont at 1 to 1) per cent early in the day, but stiflened 4 per cont toward the close, Prime commercial paper was quoted at 3) 5 per cent. The tollowing wore tue rates of exchange on New York at tl Undermentioned cities to-day :—Sa- vannab, buying 4 offered, selling at par; Chaties- ton, weak, %{ discount, par; New Orleans, commor- otal 816, bank 34; St. Louis, % discount; Chicago, Wa, discount, aid Boston plenty at par. Gow, Carrying rates for gold were flat to 1 per cent. Sales ‘a made all day at 10034, lo the afternoon 100% was bid. Tho clearings at the National Bank of the State of New York were:— Gross clearing Gold balance Currency balances, The Clearing House figures wore :— Gold exchanges... Gold valauces Currency nee United States Treasurer Nilihoase paid @ut $241,000 for bonds and $371,000 on aceo the day wore:— London advices reported consoin steady at 94); @ 94% lor money aud 94% for toe account United States bonds were strong at a further improvement of Me 00% per cont. New 43g’ are qauoted at 106% a 105%, 1807's at 107%, -lorties 108), aad fy 6 108% @ 108%. Kirie advanced %, to 144%. The pre- forred was steady at 81, Illinois Contral udvaneed }4. to 82% ; New Jorsey Contral 34, to 3434; Reading %, to d Pennsylvania Central %,to 33%. The last ‘cted to 33, ‘Tve Bunk of Engiand Fate of discount remained unchanged, at five por cent, The bank gained £612,000 bullion for the week ending Yesterday, The proportion of reserve to tinbilities is now 41 11-16 per cont, against 407% por cont last week. rf silver is quoted wt 62d. per ounce. At Paris Pontes fel) off to 1131, and later rose to 113f, 1240. The weekly statement of the Bank of France shows a decrease in specie of 6,000,000 irancs, Voreign ex- NEW YORK HERALD, change was heavy and lower. The pi drawers reduced their rates twice, the last timeto 4.524 lor bankers’ long and 4.87 tor dewand sterling. Sizly ‘Three Days. nominal Sterling bills on London, Prime rs Steriing vills. by Sterling vills on London, ‘commercial d documentary .. 4.79 ~- son Marit, pani 52g 6.18.36 Francs on Paris, comercial 6.23 - Franes on Antwerp, bankei 5.22%¢ 6.20 Fraucs on Antwerp, commercial , S26 Fraves on Suisa Bibig 5.1836 Reichsmark—Huiburg, Bremen, Ber- Hin, Frauktort—bankers’, 436 90% Reichsmark—Hamburg, Bremen tia, Frankfort—commercial, w% Guiiders on Holiaud, vankers’ . 40 40% Guilders on Holiand, commercial. 3% CLOBING PRICES OF PRELADALRULL BROOKE City sixes, new.....- United Railroads of Now Jersey Pennsyivania Railroad Reuaing Railroad... Lebigh Vatiey Rail Catawiesa Raitroud * 8 16 1836 4 ad Buffalo,.., the tonville Railway 9% o% Central Transportation 30 MINING SHARES, Following were the salos of mining shares at the Now York Mining Stook Baonssg to-day. Prices ara 4m currency :— 300 osha ela ssid +25 100shs G'd Placer,s30 .32 de 100 de bd EE rnc, GOVERNMENT BONDS. ‘The most active iseues of United States bonds are the new fives, the sixes of 1881 and tho 1867’s. -Sell- ers of the lust named are very genorully buying the new fives, Since May 1 enough four per cent bonds have been sold, by popular subscription, to redeom $75,000,000 five-twenty six ver cents, ‘There was not mach demand for bonds to-day, bat Prices werefirm. Cloging quotations were:— Bid, Asked, United States currency sixes........ 11934 120 United Stutes sixes, 1881, registered. 108 108% United States sixes, 1881, coupon.... 1084, 10834 United States sixes, 1563, new, regia. 102 202; United States sixes, 1865, new, coup. 102% 102% United Staves sixes, 1867, registered. 1053¢ 10535 United States six 1861, coupon, 10535 United States 107% 108 10646 1063g 108% fives, 1881, coupon, 10634 103% United States 4ds's, 1891; registered. United States 445s, 14891, coupon, 1 United States fours, 1907, registored. 10054 10036 United States tours, 1907, coupon... 100% 100% STATE BONDS. 1n State bends Iilinois coupon sixes of 1870 sold at 10134, Georgia sixes at 1003, Missourt sixes of 1887 at 102%, Louisiana consols at 72% and Virginia deterrea, até. Railroad bonds were strong, with an sdvance of 2 per cent in Hannibal and St. Joseph convertibl from 97 to 99. Central Pacifics rose to 10654, Union Pacific firsts to 106, Union Pacific sinking tuna to 100, St, Paul (0, and M. division) to 102%, do, con- wolidated sinking funds to 94, Ohio and Mississippi consolidated to 09, and Delaware and Hudson regis- tered of 1891 to 1014; ; Kansus Pacific sovens (Denver division), with coupon certificates, declined from 69 to 68, Chicago and Northwi rn drsts sold at 107, @0, consolidated gold coupons at 9034, Buffalo ana Erie firsts at 105, Lake Shore consolidated coupon seconds at 10834, Pacific of Missouri tirats at 102%, and Louis and Missourl at 90%. Burlington, Cedar Rapids aud Northero firsts rose to 69. Obio and Mississippi: seconds sold at 65, Lehigh and Wilkes- barre consolidated asseyted at 4974, and Central Pueific (San Joaquin brancb), at 93, Pacific Railroad bonds closed as follows:—Union firsts, 105% a 106; do. land grants, 105% a 106%; do. sinking funds, 99% a 1004 ; Centrals, 105% a 106, MEMORANDA, Mr. C. Barvier bas given an interest im bis foreign | exchange and gold brokerage basin: to bis son, Mr. Leon Harvier, who fer the last eight years has been with the banking house of Brown Brothers & Co, The following despatch from the West gives the movement of grain at some of the leading points where to-day :-—Chicago—Receipts of wheat, 141,046 bushels; shipments, 141,434 do, Receipts of corn, 230,374 bushels; shipments, 355,534 do. Milwaukee— Receipts of wheat, 44,600 bushels; shipments, 24,509, ts, 800 do, NEW YORK STOCK EXUHANGE SALAS. ‘Tnunspar, Sept. 5, 1878, BEFORE CALL—10 A. M. 00 Un Pao sink t aoe0o He St do lab A.M. $10000 Poe $1500 U 8 4454's, ©, 91. 10574 betaine’ Mas AL Mt. J 8 6s, "81, r.be 108) 10000 US S's, "81, ¢.. 1 er Us ‘O'a,'81 obo 63 oad Shoo 8439's, r, OL rth FIRST BO\RD—10:30 ALM. 100m gonad 810000 5000 Mé&stPoon 25000 do. 4000 CRN We ¢ ied baw 90) 1000 BN Y RI 1nt 19168 105, py S000 Gan Se Is 5y00 Unio & Miss con. © 105; too pall Fbdsibe toss 100 140 Ohte 4KY 1000 do. 01%, 270 Ohi, M & se PF 1000 T & utp, ida 400 6000 Gt Wd, x Nov 1000 B, CR & N lst. 3573 000 Lake Bliote. bi 67g 200 the principal feat Jon, 16¢. » 18¢. 1Whse.s stay Pg Ide, & 10 dy anil Good ordinary Beriet goud ordinary Hy Low middling Bertet low miadiing | strict goon middling 12 Middling born bs oD + 14 cy Stggcere eens $10000 U 8 5's, 10-10, ¢ 10636 $30000 U 8 5's, r, 1881 10644 SECOND BOARD—1 P. G00 shs Chic & NW vf. COMMERCIAL REPORT. COTTON: SPOT IRREGULAR; EASY—FLOUR QUIET—WHEAT LOWER—cORN QUIET—OATS QUIET—PORK LOWER—LAKD ¥ASIER— WHISKEY QUIET—PETROLEUM DULL— OILS QUIET—SPILITS TUBPENTINE STZADY — ROSIN STEADY—COFFEE FIKM—SUGAR FIRM. ‘Taunsvay, Sept. 5—6 P. M. The depression in th? breadstuffs market was still on ’Change, otherwi kots wore steady, with & good trade movement in all tbe loading Commodities on and off ’Change. Flour @ good many contracts ton on the sput was irregular; Covrus.—The market tor Rio was firmer; 1. City of Kio Junetro sold lace lest evening and 1,000 bs me on privute terma. Mild coffee was quie’ We quote :—Ordinary cargoes, Liige. « 14%c. ; fale do., 1634. 916%. ; good do., 176 # 17}Ke. ; prime do. @ for lots, 14}gc. « 19340. ; Santos, tale to good, rovernment bags, 23c. & ngapore, 160. w 17e. ; Maracaibo, 13}ge. 0 17e.; Laguayra, de o St. Domingo, 12%. w 134 16e. # 16%e., gold, OU days 24e. ;do., grass mats, 23e. @ 24e, ths oun ee ‘and lots to, arriv aarsesemestpinessea es ’ 100 at TIE, 4,200 a fy Becgavet 3) ms 1 Use, 1 compre od; bY mt Mee. to deste Sire 450 bola, wiunin the renee ‘Qe, per ewt. wi is'Xo, d Western sold at Sle; HO do, Bt in ‘At Ud}e., and 8,0UU do. Ungraded Wt 58e. 0 Sac, We FRIDAY, SEPTEMBER 6, 1878.—TRIPLE ‘SHEET. Corn moet. tie Westere ‘Ai thy second cull 8.00 September suid at bani $1064 bid, SI 12 $1 Og bid. BL 054g asked: do. Novemb xt the first ewil. Yor, srewiner, he at ie 200 Rock Teland; Teiween “ano cniis vere shore clear, Gide. ig: ae scenario 56\g0. for prime | $1 "a7. Frcigite—Ou for ungraded, xud ‘Sve. "4 GUSze tor | Roceipty—5 400 ubin lowe, tL ihe market was sill steady, wi a iy 00 bushels le wisnln ‘hw fal- | fey, Auipments—7,009 Dolan “ b. Dawe or: lowing: cane i Extra whit Bde Hume axp JUre—- lhe murkes for Hemp wis also. tirm. quote Sioa sie 50 for singte, $120 4 $125 tor dou Russia, etewn, $205 a 6210, Pres * 4 be. w 5K sis, - Vorelgu ‘wis iu® fair Momaaod and steady. Domestic was only fairy’ acti coutritugal and ww ixed, muscovade refluing, 2c. rt Alco, He, a due. Jeuns, Bew crop, comwon to lune Naval SrouKE —-The market for spirite cirponsine was | Novenbor, wali, Origa. Kosn was unehanzed, but hous | Tallow 37% od, per ewt. Me. Tsiauds Sot al New Or. | ber delivery, icon trom W Lo uttouneed vil wi vid! cr vied prices at 4 Wo quote Linseed oil, Ss, Woe. Dlexeved winter, suerm, $1 Us Northern whale, Suc, matural do. $10000 U 8 434, ¢, 1891 103% biokehed winter, Ste. ba 49% 6° hapaths, Se; reamed, varg Huney vradds; rellnad at a Foports halen united certitigntos cerude pecrolaum) :—New York, 45, oi 91 7%¢., 30,000 do. ive Lk 000 at BOG 27,000 bon ve uci, "athe Taweet, S3¢6. tibening: 20 30 Ch, 4, SUE pibe 100 Det, Wer “ie wrthout change, We an bee ite Chick at oie Chlekoue Fata: Jiu, 186, a 865 Wastari, B.cocoa Ie ett ihe, Bank deli file toric 206. a 2: tae « 2c. Gevse ~B @. 4 U6. ® neks=Philadelphia: iber « ia Long Istand, ise | Unite wh Bue! Hbiludelpbia squabs, 62 ee enipa, $3 per dose a $1 Spring turkeys, We. Grouse ‘Keceipts—Pork, 75 bbis.; lard, 284 tleree: ut 7 100 wan & SiS pi ibe the secouc eal! as follows anked; Ocwber and Novemby . $9 30" bid, old aud new, $0 40 bid $9 GO woked; December, vid und new, #9 25 bid, $9 00 taked: S448 wore 100 obis moss at $0 75, east, and 1,000 thr October delivery at $950, “Cut monty wore quiet, but uchun, Becon ruled 41 6 00 Ibs, picklod bellies, sold and easy at Glee, tor for Wostern, Buef was ‘Boot hams were unchanged, her, lo. 7 2:30 10 3 P.M. 1000 sha Northwest pf 100 do... range of Sfe. a Ske, fo $6 95, 86 [73g aud 37 02 fur Octouer, uud $0 Yo tor No: 1,000 tlerces Western ab Abia FROLHL 100 do, elty at 87. el 4 225 St Paul pref. 200 sialte betiven We quotes Se. : Db ¥ Se. market was quiet. We quote;-- At REASCNABLE RATHZS—MONKY ON Li New Jersoy and ‘Bearby, 18¢. 4 19 iw ay Chneda fest Yala t7e, a" 8c at lowest Jc. Min 0 vent demand the market, ruled easy. We frm but hales werok80 hhds. molasses sugar at O%gc. common penning at Mexican af7e. aud 120 bhds Cubs at Ze, rans with & good using Ie, don, 730; Cuba, conti ifugal, 786 c Bhe - 46 has. , 100 tlorees, 38 bbls, and 20 ; ‘ Thora cau TTAS mates wee Gale” balec otte ceenk 73,000 | FytH BalLWaY COMPANY—KuORGANIZATION. meat = Recvtpts—401 bbls, FUTULES CLOSED th and rates for steamer room was br xson the He aaah Norwegian burk, Leuve to Cork tor | 1 New York, gs to Galway, Fe Norwegian sit, ! iilade ently), 3,000 bus pri her. closed recently, Phiinuelpnia to Aut 8,000 bbls. do., 4.50) bbls, do., Ihita: ‘rasently, 00 obi futures closed easy. Coffer and sugar wore firm, Naval stores steady. ils and petro- ITI. w THe. : DOMESTIC ascend Gatvuston, Sept. 5, 1378, 3, middling, 10%s. ; low middling, ioe ; (Quotstions may be rexarded ‘ss sumew 9,235, f cially for the low grados. poll higher, bat t Jost, ana the market closed easy. compared with yort hi pay AL i as fyllows Futures opousa advance was suvsequ ‘day's cloning fis 10g prices as comp: Thurelay, September ? 11.56 Monit, Xept, 5, low mbddting, ts, 152 bales. xporte oust Salsa, 200. Stock, 1302. SAVANNAMT, Sept. 5, 1878. Iu UbeLie. low middling tig : thie malddling, 10%e. 5 ie gabe very firm; middling, wood ordinary, 9 i REUIABL xo, 3402, Bales: 1,005, Aproduce com CHARLESTON, Sept. 5, 1878, beoeeeses 1 EES EEEES har { 85 for yoslow dip: $1 600orn fein; prime wh i 0 134-18 Was 16 AL Usweao, 1,300 bhis. e Bay Quine * 16 thes a6 feed ry ceoike, ie 4 UsINESs lt . Canal trelghts uns Bs es strict goo raed: idling, 11 13-166. Pap Last Roewing. Tout, Bi Ficheirty active: jnlex 0 4 ud amuar winter, $1881 08 1 12; mew, $1 0 request aud steady ; sale Hxed Western, 484 #1 481 50; clover, Ute. § teen 7 a0 ghee | wheat, Tice. corn, Tes R FE dy. wedieabe he Wheat, ‘d.800 busbe - _ Dernorr, Sept, 5, 1878, JASTED TO BUY-WELL ESTABLISH sales 250 o, iow ty nd demana; Whenthaieoxira white Michigan, § 1 Ons 277 sacks; corn, a See. “Recsipte—W oats, 16.800 do, 42.000 do. Suess Serer BOPennoceeate Seztszs quiet at a aany uvehunged. 4 ys 4 83-50; liza, bucchers, pt a $4 O; receipts, 7 dat 4 7 4 nb and unchanged. ar a tha thats No Sac. cant Gewwber fair demand, but wt 3 ber, “Bulkinvate oule nto Bufta do, corn, 132.000 do. oa vised for | $511,000 do eurn, 03,000 do, oats, ak a0 dy. rye, 7) harley, Marvot” cideed:—Wlout advancod a vanued ats advanced Jac, Pork heavy, $5 55 age one October. Lard heavy; $6 723, 4 $6 jute butts was quiet fy vaericun | Cctuber hae, Wen a EUROPEAN MARKETS. Meola hemp, COMMERCIAL. ~Cul We Sosa: tats: || eget peat ‘Me, ; Port 0, livery, 6 D-16d. 4 do.. do, Loxpon, ox itintable order, edetined petroleum, #34 por gation. trained, $1 40 Wiloux’s lard closed at 471. S0e, » Mae Anrwanr, Sept, 6, 1878, Witcox's lard cloeed ui florins per 50 kilu: Petroleum, 243;!. lor ‘ae Dale America NEW YORK PKODUCK EXCHANGE R¥PO AVERPOOL, Sep! Pork—Prime dy at ds. steudy at 49a 1 Cumberland cut tirmor at short rib dull wt size, 25.5 tong clear duil mous 4 Western firmer at 38). Od, Tallow—Primo Ma, Turpentine spirits dull at zs, Ivoohy — Mb ds, Od. ; fine Gull at 10s, Cheese —Au dail at 446 Lard eady wt dis. Flour wk xt Btate dull at ui do. No.» A Cisy 20) de. wintwr old dall at jh !.000, FINANCIAL, Panis, Sept. 5, 1878, 280. for sort ght: i. Exchange on London, Y00,000t, during the past wee! 2c. ; Long isan Stator bonds, wlinote’ Ce De! Bike per cout rent cou! Silver i ‘Guoted to-day at 52d. per ounce. HAVANA MARKET. Havana, Sept. 5, 1878, Sugar dull, J. & W. SELIGMAN & Oo,, 26 Broad st., New York, st Uredit to travel Payable im any part of Kurope, Avix, Alrica, ‘cw. money tw Europe und Califurnia. fat, $1 09 0 $105: bids generally held Wicker, ‘fer “oats a at ‘om OS". Lard in good at invke, # GO ule meats dull, Ge. Bacon oar aides, Te. Butter steady and ua- xrades; dull and-noninal ior inte tor, Oe wluter for nteuty | and’ Sovemb yOctubert FeJocted, de. Burley onsiore St Omg October Pork, dull. weak “and. uurestled : firmer ab $5 60.4 88 70, cos; 837756 \ Bat Larg in 0 Ucto- N December ge few crop, shipped Oewobur and mun steady cau choice Hpripg No. 1 dull ap 9s. 10d. 5 \s. oil—Yellow American steady at Sp Vrance- Das decreased of obvious fraud I should certainly not have 113r, 12}g6. for 207, Exebange firm, 4 further Aino! draw Dills of exchange and muke telegraphic trausfers of co., Stock Brokers, Wall st., buy and ite sf New York Stoct The market was frm frow FS und “CALLS wie frequently pay tr & and sent free on uppilcation, bea BANKERS AND twe i times the amount invested. PLANATOWY Ciro} tr WEEKLY FIN ANULALe MEPOKT iF rance Policies aud Mortcages ; surance of all Kinds effec vieie Kndowment I: a ru, fresh wid, bought d with best compaui J. : SABRICH & CO., 165 Broadway; box 1.880, Lb wk. ADES UF MINING SHAKK> BUOU a Seecan es hone. 1d fa 4 New York market thelr payment in Cor dy immodiute delivery. oWTLLLAN WARD, ‘Sauker aud Broker, 52 Bri —LI¥K ANL bh c uud mpeut 50 Thy 116 ry doing. We quote:— MODERATE ON PLANOS, “ao DYANCKS” Bid ot. ‘The trast of the Erie Kuilway give notice that the assesame Preferred Stock ot the sald company inust be dolore the Bist day of Octovor moxt, ‘The RECONSTRUCTION. TRUSTEES of London. doue in en- By & G, RALSTON, President, _Avoust 31, 1878. Kxchan, iy OR KALE—MEBOANTILE Tai st co) ‘Stock (15 sharus) ‘onan I will soli to first comor a: 75. LINT ROUDEBUSH, 131 Peart a | poe SALE—A NORTGAGE 1 FOR $3,000 ON JE Ms City Boat Iestate, nuw due: will be Addross J. RT A, | 167 Brosdway Bis. petroleui on "private ¥FICE OF tk ON rents SIL ct pany, 31 Broad st. NG GoM New York, Sept, 4, 1873. Also au extra dividend (No, at ry ues to Stockbel ‘Norwexian bare: vor und lilo Grande Htallroas 4s, 84, J. ALDEN amonds sellin t ments, J. H. JOuNSTON 150 Bo: wood paying Bustness at & roasonnble tvure, Net receipts, | ANTED 1 jon business; security given, SURE, box 105 raid olticn, low smidallug,” 10%, ¢ A —PATENTS BY AUOTION.—Tie Next Mo LY pte, 508 valos, “Kxpuris wale of Pi Rights will cour Swturday. September i, 3,748, Wb 12 o'elock, New York Patent Exch T Laverty Witaixoron, Sept. 4, 1878, | MR SG VME De Ae HUE at 204. Kowiu ‘firm at SSISTANT—TO LEARN BUSINESS AND TAR IN- Crndo turpeniiue firm at $1 for teron Y to $1,000 required; $1,200 guaranteed 85 for virgin, 1 ady at | first your; business long established, lusiness Burcay, 0 We, ; mixed, te. “USED Her- AeiBRK WANTED Will $5,000—M0\K for advances on consignin walary $1,500, Wheat ald offic 3 POSITION, Wit ® jerk who will lean $500 on at Post ollice boe 1 OB. ND INVESTMENT O01 iNvEeTM r collout opportunity for profi GkU. ELL is, 20 Pino wt, Sept. 6, 1878 ESTABLISHED MANUPA i" = and Uxtarosin ros ng or. her: jes. Shipments— o te. J room 11, No. 620 Walaut’ ev, Piti & BI 10; No. Toate WANT: D—WITH $5000 CAPITAL, 9 ox. Parton 5 Beckman st. Pasir WANT) D tiny of werent yaine ab this tine will br (Tuvade Genel troughs dige. to Now TU $000 n sure, profitable business, W , Her Dis by valle CHANGE. —A GROONRY BUSINESS, IN THE lo in connection with w coud paying me: on Account of poor be: Brooklv Were FR eutorprin M $500 TO 81,000 Cail at 108 Bast COaL Busluves, with stock fa good running order. Apply UO West Guth at. high twixed, 44e.1 Noel mixed, ANTED 10 PURCH \Sh—-GO0D PAYING GRO. sw. Lwiitte, B0¢.: No. 1 mix -* 000 bola. | whewt, 150,000 busiel da hipmente-Piour, 1.800 — slielss corn, 1,710) do, ; vats, 700 do, ToLevo, Sept. Wheat oper active but tower, closing Wa xtra white dich! seller Octover, 95lge,; with Stock: must be eles Uptown office +o CUSTOM HOUSE SEIZUKES, The Custom House | peetors meized yesterday Sixty-three bottios of brandy, four botties of bitte omabip Lessing from Hamburg and also 600 cigats—500 in boxes and 100 loose—oa Caronceiet ‘rom Havana, last trank, belonging to Jonn i Draper, auctioneer, which was seized by the ©: House officials, was removed by the owner fri seizure room yeste cary Stoi CARRUL, He PAYING THE i PENSIONERS, Colonel Costen paid $20,000 40 000 to 800 ponsionors yes. terday, During | Dix applied tor his od POLIVIES, MOKT- bourut and loenedom, | A tho anime wine. tf 1 w FURNITURE, &0,—103 st of tu wy. (storage oltics), withous mastruction horaby # upon the Common and id on and FARMERS! LOAN AND TRUST COMPANY, Agents my wile cnd child and my friends, t t belt No. 33,—The rogalar monthly dividend of 50 | [XBL before the communi payable at It, Fargo & Co., 65 & LOUIS AND s SAN Pita NOIR ‘0 RAILROAD, DEN: ANTED—$500 FOR SIX MONTIN ON CHATTER Mmortgece; security douoted; liberal commission Duld. Address A jeraid oflic $1000. 000. York ; the or forth donvle amount ot erty money aupiied for. do NF B. SMYTH, iit Broadway. LOAN AT SIX PKR OENT ON IM. | rg00c od Property, 0, A. BILLS, 644 Exchange Septemv: AS FXGHULENT OPPORTUNITY TO” SECURE & ry $25 per werk; Proderice W. Joskel, refere Bee ator's 8 transactions recor ber 6, 1878, 18. out Deputy Register Allon «t., No 98; also Eldridge at Same property : Gi tage 0, * Same to Jaovo le Wave Same lo same, m © Of Tain” we, Bits He ll SEWELL’s EXPULSION. HB CLAIMS THAT 1H INVESTIGATING COM: MITTEE OF THE STOCK EXCHANGE WAS EMe FYLUENCED BY PUSLIC CLaMor, The pablication of Mr. Arthur L. Sewell’s letter to the Henan im réference to bis dismissal irom the Stock Exenange aroused great interest yesterday ia Wall street aod among the kers? ona brokers? fra- teronty generally. The picture of a who hed tor | many years stood high in the Guancial world and im | the confidence of the community being ignowtatously | expelled trom the midst of bis associates om grounds | Claimed to be wholly inadequa | Was one which readily appealed to the senseef jus- | Hoe wmong the business mon of Now York, Wite a ~ | View of still furtver ascertatuing the particulars of thig | Case the writor called on Mr, Arthur L, Sewell person | ally and,bod quite an extended conversation with him and largely erroneous On (he subject, the main points of whien are bere giver, “Is there anything,” Mr, Sewell asked, “pal fide the facts embodied in your letter which woul@ shed stil iurther light upon your caso??? HONORABLY DISCHARGED FROM BANKRUPTCY, Mr. Sewell (who, by the way, 1s tall, powerfaily Dullt man, of about thirty, with « straightforward, candid face) promptly replied, “Well, I might add that within the last two weeks 1 received my boner. aple discharge {row vankruptey, and wipea outa debt of $955,000, In securing this discharge 1 eb- tained the Consent of the legally required number of crediiors, a8 well ag of the creditors representing the legally required proportion of indebtedness, ‘The sig- Datures of all these creditors were given most cheers fuliy ond willingly, Now, it does strike me that it T had been guilty of ‘obvious traud? those creditors would not have tous eastiy given me my release, You koow that ot the last meetiog of creditors the objection of even one creditor may keep the bang. rupt from getting bis discharge, Weil, at that last Goal meeting, calied by Rogister Little, there was not 4 single creditor present to raise an objection against my full and honorable discharge.” “ius the verdict of obvious fraud, which yoa claim to have beeu illegally rendered by the Governiog Committee, been accepted by the outside world ?? GENERAL £1GS% OF CONVIVENOR, “It {had been considered even by the members ef tho Stock Exchange generally as having bees guilty nee Fecoived orders from the bost houses in the Steck Exchange for stationery; tor I am @ broker i ste tlouery, now that my own business is barred to me. And {t seems to me, also, thatif the Charge had beos considered proven | should have been foreaken, and discountenanced by my old associates and by the many highly reputable ard honorable men -_ women wih whom I bave been brought in social contact, iriends and acquaintances, insted of repadiati have reasserted their fuith and confidence in my sociu! relations 1n New York and Long Brangb ar are as pleasant as ever. © The seversi clubs, composed estimable geutiemen of undoudted stu: to the Would aiso have taken up the mu been beileved guilty of tne charg “Do you cousider that you have (ee persecuted by the Governing Committee t”? ‘1 would like to have it distinotly understood that] do not consider this acxso of ‘persecution’ at all I believe the Governing Committee tried to do theit duty faithiully. Ail l mean to say ts thet the: mek bu astlly in my Case, aud, moreover, $t wi when I would be judged Tiabtly—not bea fae the & erving Committee bac any wrongful bing Dut because of the popular clamor which wos sroused ayalost m@ in connection with others, There wasa popular fury which swopt everything betore 1t,)? “Did the Investicating Committee, upon whose re port the action ugaiost you was tuken, really believe you to bave been guilty of obvious iraud?”? FRAUD OR CARELKSSNESS—WuICH? “Undoubtedly not, and thts I can prove oS their own mouths, for in the concluding paseages of report they say (vere Mr. Sewell read trom the Pe port), ‘Your committee condemn the inexcusable eare- lessness suown by Arthur L. Sewell,’ and thi wind up by finding the whole firm guilty of fruud,* putting’ me im with the that a man cun’t be guilty of tr tty of ‘are Wus innocent of the charge of ‘obvious fraud,’ and it E was guilty of ‘obvious iraad’ then it was @ most fe- - murkabie misuse of the Engiiso language to call i6 ‘inexcusable carelessness’ But, I repeat, 1 Impute auy great blame to these gontlemes, wae, 5 beheve, were actuated by bonorable motives, ‘ati 1 say is that they offered me up as a victim te the popy Jur wrath, which bud $o be satisfied at any cost.” “You claim ulso that, conceding the charge of fragdé to have been true, your dismissal was still iMegat ?* NOT A *WO-THIKRDS VOTE, “Certainly I do, Let me read to y erty 20, ‘On members guilty of reads:—'Should any fraud, of which the the Judge, he shall, upon Of two-thirds of the momb« preseut, be expelied.’ Now, I vote of sald committees ubenit whether this artl. cle does not distinctly require « two-thirds vote tor conviction to order toexpela member? There was Do such vote in my case, as the minutes will prove, and that tact alone legatly vitiates my dismissal” “Were any charges ever before brought against “1 was eleven years tn bi as a stock broker tg aud Hota single charge of fraud was ever ainst me; indeed, no reflection was ever integrity, Lowe it as your’? ag the report said, £ oe already crueliy suflered jor it. 1 was never trained for any prolession, aud the business of @ stock brek§r, whien I tollowea ‘hese eleven years, was tbe only one I understood or could follow with any deg vow barred to me, aod I am deprived of the oaly means open to me of earaing livelihood, Iam bike @ Ali lass wint and I expect to uo go thin’? without bis teols, in Long Branch, was compeli Mr. Sowell, that the Goveraing pe Ii reconsider their action 1”? ty hope end trust thet my letter, by the HeRaLD, will arouse the tndly ‘publi Bonne of justice —. my former associates in the Stock Exchange, my case reopened,” id that they will aid me ip beving ‘This termioated the interv! and Mr, Sowell hun ried away to catch the boat for Long Branob. REAL ESTATE, ‘The following the Beal Betate BY SCOTT AND MK: —Forecioaare: sale of ith « block of = Hout BY 4.» 00,11, on the n. x of Oth ave—tu plalasi® . ry Lasom with lot 165x100, No, 329 dwek- nf gly tt w. of onith st, Brookiya, to Stowart .. awellin OFFICIAL REAL ESTATE TRANSFERS, following statement, showing Teal estate d in the Register’s OMice Seprem- # T. Doheny, 6_ 298 0 a a Grand st. 25x87; also Eldridge &, 100 ft a. of Kivingta 2100, Inna ‘Levy sue wife t) Jobanna te, Le * @. 8, 08 fe. o, cf 2Oth a Moll to 5 Uedrgs 06 jt. w for and wite to Ho My 52d and Std VEE ie we OF Thuwe ntord Aural Ho wud wite Bd ay... of Toth ty byoars