The New York Herald Newspaper, January 9, 1879, Page 11

FINANCIAL AND COMMERCIAL The Stock Market Less Active and Fairly Steady. Govemment Bonds Firm, States Active and Railroads Strong. MONEY ON CALL $A 4A 21-2 PER CENT. —_—-—_ WALL STREET, Wepnespay, Jan, 8—6 P. M. Plaintive brokers who in the early part of the day bewailed the duiness of business and cursed their state of enforced idleness with expressions of despair only paralleled by those unfortunate personages of the Greek drama who loafed about exclaiming, “Io !"" “To !”’ when they felt particularly “down upon their luck,” cheered up amazingly as the session drew toward its closé and the sluggish and hot over strong market of the morning changed into a busy and ex- cited one. As happens with pyrotechnical displays the best of the show was kept forthe end, There were feeble blue lights in the morning, expressive (if we may be permitted the comparison) of languid changes in quotations, and spasmodic explosions of candles @ la Romaine, reflective of the paroxysmal spurts in prices which now and then occurred, but the real speculative fireworks of the day, which lighted up the market with a blaze of glory, were exhibited shortly before the close. Apparently they were touched off by the sudden and very decisive upward start in the Michi- gan Central speculation. Theentire market at theend answered sympathetically the call for improvement issued by the leading specialties and closed strong and in most instances at higher figures. The opening, highest, lowest and closing prices of stocks at the New York Stock Exchange to-day were 4s follows :— Hite sow ino tng. Hi west, Closing, Dol, and Hudson....-b381¢— Western Union....... tie os 343 93% 1356 BY | 13% = sy, as 22: 2344 is us ot as Morris and 54 Northwestern. 50% Northwestern pref... 7844 St Paul......... St. te preferred. . and West. 4 tral. = DBS. and St. 3. ae aod Be a: pref.. 34% The closing quotations were as follows:— ane A & P Tologr: Co daaeetbers “ chi & NW 51% - asdbsese ESEE Es a 86 hele 79%, 80 ii & Alton prof.104° — 246 ag ee 46 fo tLe son F pt, ele jan F pi i 141, Sutro Tunnel... ES 13% Union P : Oe — WiUTolograph., %, 4 i General: at a Wabush 21% 2d ‘& Texas. The sales of aka 7 the Board to-day aggregated 106,665 shares, which were distributed as follows:— Osnads Southern, 1,903; Chicago and Northwestern, 18,000; Chicago and Northwestern preferred, 9,650; Chicago, Rock Island’ and Pacific, 1,400; Dolaware, Leckaw?ana and Western, 16,320; Delaware and Hud- gon Canal, 312; Erie, 16,750; Hannibal and St. Joseph, 500; Hannibal and St. Joseph preferred, 410; Illinois Gontral, 1,900; Lake Shore, 5,810; Michigan Central, 8,007; Milwaukee and St. Paul, 8,650; Milwaukee and St, Paul preferred, 4,035; Morris and Essex, 640; New Jersey Central, 2,920; Pacific Mail, 505; Pittsburg, 500; Wabash, 1,000; Western Union Telegraph, 3.410. The money market continues very easy and call Josns wero made at 34 per cent; at the close the rate was 2}, a3 percent. Foreign exchange was firm and nominally unchanged, at 4.835; for bankers’ long end 4.88 for demand sterling. Actual business was at concessions. The Clearing House statement was as follows :— hanges. Eachanges. Government bonds were active and firm. The ‘Treasury made another call for $10,000,000 of the 6-20's of 1867, which makes 4 total of $40,000,000 called since the beginning of the present year. The subscriptions to the four per cent loan aggtegated $7,115,000 to-day. The following wero the closing quotations :. Bid. isked., United States currency sixes........ 110% 119% United States sixes, 1581, registered. 106% 106 55 United States sixes, 1881, coupon.... 106% 10645 United States sixes, 1867, registered. 101% 10254 inited States sixes, 1867, coupon.... 101% 10235 nited States sixes, 1868, registered. 104 10415 United States sixes, 1868, coupon.... 104 1456 United States ten-forties, rogist 1084, United States ten-fortics, coupon 10844 United States fives, 1881, registered.. 105% 106 United States fives, 1881, coupon.... 10714 107% United States 44's, 1891, rogistered.. 10514 105% United States 414’, 1891, coupon... 1054 10534 United States fours, 1907, registered. 99}, 99%, United States fours, 1907, coupon... 9935 55 The London advices report consols a shade easier at 9534 2954, for money and 96% for the account. United States bonds declined % for ten-forties and advanced % for 1867's, the former selling at 110% ‘and the latter at 104%. United States 4 steady at 107% and fives at 109%. Now Jersey Con- ‘tral advanced 1 per cent, to 36, and do. consolidated fitets 14, to 763. Erie fell off \, to 224%, and pre- forred \, to 37%. Roading declined , to 12. Illi- mois Central was firm at 83, The Bank of England ‘ined £53,000 bullion to-day on balance. At Paris rontes are steady at 113f. 52;0. State bonds at the Board were 4 higher for North Carolina sixes, old (January and July), and % higher for North Carolina sixes, old (April and October); Louisiana sevens, consols, declined to 64% and ro- acted to 6534; Missouri sixes, Hannibal and St. Jo- seph fasue, sold at 103, and Illinois Stato sixes of 3879 at 100%. Railroad bonds continuo strong, and the following were the changes compared with Inst Previous sales:—An advance of 2 per cent in Lehigh end Wilkesbarre consols assented, 1% in C.,C., C. and 1. consols, 14 in Wabash seconds (ex-coupon), 1 per cent in Jersey Central adjustment bonds and South Pacific Railroad firsts, % in Great Wostern seconds (ex-coupon) and Union Pacific firsts, 4 in Hannibal and Joseph eights convertibles and New York Ele- vated Railroad firsts, and }4 in Burlington, Cedar Rapids and Northern firsts, Burlington and Quincy povens and Contral Pacific firsts (San Joaquin branch). Tho closing prices of Philadelphia stocks were:— Asked, Pastas few: aeee 155 nitod Railroads of New Jersey. Wy Penusylvania Railroad. 38 Railroad. iis a4 33 ed Northern Pacitie Railroad 2% Northern Central Railroad. 1% Lehigh Navigation. aes My ittabu a and Buffalo 4 4% jostonville Railway. 105, Central Transportation. 42), Th Stock Exchango were:— Jo sha Bertha & 8 ween iar i 100 Moose. - de Jo. bee Beonel Varivesd NEW YORK HERALD, THURSDAY, JANUARY 9, 1879—TRIPLE SHEET. 10000 N JC istenas.. 749 18000 , wr w Toood x J ital adit 100 10000 © & P en 4 f...b3 11245 wets | HERR FEES 38 ‘The following ia the comparative statement of the wleim Gt W dd x ©. rf i Pacific Mail Steamship Company :— do, OP 2 Liabilities, 4) ah 1876. Chie. B & Qui 112 Assets, ‘April 20, 187 ae hs guns 143 Lanbilites Agr 3 Sade , 5-20 - us4 vine 1185-200, 67.. 103, $1200 ra 3'8, 8 Betis 300 io 10384 ere increased Liabilities December, 1878. Aasets December, oo ), 485, abilities over cash assets December 1 1878 pF 873, 912 aes over assets April 30, 1876... jabilities over asseta December 1, 1878. SECOND BOARD—1 P. 100 sha Michigan Cent ‘Sic Ws C oct as ‘4 74 mH Jou0 x JGadiv bas. be 80° 10000 M & SUP on at OI Dex 10 Increase...:.+-+++++ 1000 M&seP i tl Liabilities over aasots April 30, i878, S000 Ma Mer CAMDIv 107% Liabilivies over assets December 1, 1878. ed ae -B&NY 1st be 0 & Sus 2d m 100 rere, che Ot Bou NEE ‘Istbe V8 105 8000 U Pac 18 m..be 107 10000 | do. 106: 000 U Pacts Id 10 1000 Union Pacific » £10 10000 LAW Beon..be 5 00 L&W B con ass'd 4) $000 D LAW BLMITbe 103. 1000 tB'ssf. 110g 20 S000 ich Cont T's. 6 118 KAT consfass 50'¢ 700 rl) Gon mo Tih gaie, 7: Decrease. . see Increase of liabilities ove: years ending April, 1878.. Panama Transit Steamship chased, tees Actual decrease in two ‘years Of the above indebtedness there is owing to the Panama Railroad Company, payable $20,000 monthly, commencing February 28, 1881, $1,400,000; $15,000 monthly, commencing this date, $215,000. . Also cg B2tg Goo notes maturing monthly to May, 1879, $154,411 75, to 0 Gt Wi m'x cou, the Panama ‘Transit Company, payable in monthly | 300) ¢, ae gid has ite ae instalments, commencing July, 1879, and ending Jan- | #0 é Pett mB DB = 300 uary, 1881, $270,000, Total, $2,039,411 75. The cash | 2000 Weat Pueific bas. 103) assets, as herein stated, do not include claims stand- ing on the books to the amount of over $1,000,000—a large part of which, it 1a believed, are good and col- lectible, ‘The earnings of the Central Pacific Railroad Com- pany, were, for December, 1878, $1,438,000; for Decem- ber, 1877, $1,354,882, Earnings for 1878, $17,752,363; for 1877, $17,050,976, ‘The gross earnings of the Burlington, Cedar Rapids and Northern Railway Company, for the week end- ing December 31, 1878, were $32,559 32; same week previous year, $30,233 81. Increase, $2,325 51, ‘The gross earnings of the Burlington, Cedar Rapids and Northern Railway Company, for the month end- ing December 81, 1876, were $124,676 37; same month Previous year, $120,554 06. Decrease, $4,877 69. The following is a correspondence between Kier- nan’s News Agency and Mr. C. F. Adams, Jr., in rela- tion to the Union Pacific report. New York, Jan. 8, 1879. $00) So Pacific 1st 300 ee 9 int m...be 105" hey Xt & 7 B # a A Fey N TWcon cue xe cae 66 Bo Fete prot 73 Mfchigon “Gsutbe 1* 1c ThS $1000 Lake Shore r, 2d 105, $000 Mo, Kan & t 164 673 Blip In consequenee of finding reason to doubt accuracy | 10000 a1 of statement in pro sgaepals of report of govern- | 1900 Cans Souchions iat ‘mt ie ment directors that the Union Pacific road had only | 5000 Sik, twenty-nine (29) miles of steel rails, I telegraphed Mr. | 300) N aise Adams and received the fcllowing reply this morn- | 20000 oN en Ist co. oy Bs tas “Boston, Sanitary 8, 1879. S000 Pactiic of Mo 2d. 104 71% “Kiernan’s News Bureau, Now York—It is not cor- | $0) G West 2d m.xe 8: Bs 0 et rect; the number reported is 200 males: not twenty- | Suu Lehighk Wien 40% aoe nine. C.F, wr.” | 100 shs Sutro Tunnel C EH The following securities were sold rt auction in | 10) 4% Bint Telserani 8y6 aaa New York to-day :— B00 Western Unit 94% 6 es Five hundred and twenty-three shares Chatham | 233 4° Bi oo National Bank, 105 a 106%; 485 shares Fulton Na- 100 NJ Cenii Baty tiomal Bank, 1465; a 1473; 284 shares Mechanics’ avo Dol, Lack EW... 485 r National Bank, 136 a 12734; 46 shares big dither] aud ‘Traders’ ‘National Bank, 200 44 ; 330 shares National Citi- zens’ Bank, 10034 a 100; {11 shares National Mechanics Association, 58 a 6014; 502 shares Trades- ational Bank, $40 each, 101 a 10314; r Pail shares Bankin, men’s Mercantile National Bank, $100 each, 86; Natio Bank of Commerce, $100 eac! shares Bank of New York, $100 each, 120: National Butchers and Drovers’ Bank, $25 each, 100; 900 shares New York Life Insurance and Trust Com- pany, $100 each, 355; 26 shares Relief Fire Insurance Company, $50 each, 90; 10 shares Commerce Fire In- surance Company, $100 each, 72; 39 shares Adriatic Fire Insurance Company, 643; 50 shares Third Avenue Railroad Comps 1264 a 127%; 20 shares Allentown Rail Company ($30 per share * in) for $14; 9% shares Bank titan Leap 130 a 18134; 70 shares Long Island jurance Company, 188; 15 shares Park Fire Insurance Company, 11 11044; shares Brooklyn City Railroad Company, 150; $14,600 roy we and Keene Railroad Company first mort- gnge 6 cent gold bonds, 1344; 100 shares Man- hattan Gas Light Company, 1653;; 50 shares Second Avenue Railroad Company, 35; 25 shares Second Avenue Railroad Company, 5,000 St. Louis, Iron Mountain and Southern Kail Company first mort- fase 7 cS ot Pe bonds, 81%; $52,000 Paris and Company firsts, 5; $10,000 Third Avenue ‘palirond Company 7 per cents, registered, 101 8 1013¢; $10,000 Avenue Railroad Company 7 Bos cents, registered, 100; 2 shares Clinton Associa- ion Hall, 41 240%; 10 shares Lat orks Academy of Music, 65; 25 shares Brooklyn Gaslight we 82; 156 shares Pennsylvania Coal Company, 140: NEW YORK STOCK EXCHANGE SALES, 0 C, C & 10. COMMERCIAL REPORT. COTTON ON THE SPOT UNCHANGED; FUTURES CLOSED STEADY— FLOUR QUIET — WHEAT LOWER—CORN STEADY—OATS HIGHER—PORK QUIET—LARD QUIET—WHISKEY LOWER— SPIRITS TURPENTINE NOMINAL — ROSIN STEADY—PETROLEUM HIGHER—COFFEE EAsy— SUGAR FIRM, ‘Wepnespar, Jan. 8-6 P. M. Business was everywhere moderate, but the mar- kets were in nearly all cases steady. On ’Change flour was quiet. Wheat was dull and lower. Corn ‘was quiet and steady. Oats were in demand and higher. Whiskey was lower. Pork was quict. Lard Without decided change. Cotton on the spot was 1-16c. lower; futures closed steady. Coffee was easy for Rio, but firm for mild. Sugar was firmly hold at the late advance. Rosin was stendy, but spirits turpen- i as nominal, Oils were quiet. Petroleum was bighes Correr.—Tho market for Brazils was still easy. Wo note sales of 252 bags Banton, per Graf Bisinoron, and 400 do. do., per Tycho Brabe, both on private terms; other sales wore making, bat not yet closed. The market for mild coffoe,was strong. Padang December sale, 16,200 piculs at 5 13, The business for the week is summed up as fol- lows :—3,241 bags Maracaibo, 585 do. Mexican, 894 do. An- gostnra, 1,297 do. St. Domingo, 109 ao. Curacon sold in lots for consumption within our tango; 1,076 do. St. Domingo, $2do. Savanills in transit to Europe. The stock of mild py in first bands is 22,507 mats Java, 5,870 do. Singa- Lag ent bags Maraealbe, s WEDNESDAY, Jan. 8, 1879. BEFORE CALL—i0 A. 100 she 1 wah & Es $10000 Louisiana con.. 66 15000 do. % ie 200 do. 100 Rock Island. fair do., 1 a5 Bt. Faal..... brange for lots “ih Oi4c.. gold, 90 day seat wee tats DOU T'& Wee exc. Ostrom on the spot was 1-160. lower and the market cloned ie me isa ine. Liverpool came dull and easier for apor for futures. 2 Liverpool market, ‘Tho varket was Hendy at iho clon bruary options were 3 in ° ithow te ‘The closing prices cuespared with those Of Seoterany, wore co fol Yar market, opened 2 ab 9.95 a — 10.08 810-07 “10.15 8 10.17 10.24 9 10.25 pot eotion :— Totals. —Delivered on contract. 1,1 ton (the follow ic poate. in a am ee + Brean, Teens $16 8116 ni H 7-18 8 9.16 Strict goed ordinary. By RY, Low mid ne . oy Strlet iow ml Hiding. 9 B16 B 5.16 ee bY, & x. ‘ullman's Gi Sutto Tunnel Corbe 100 Consol Coal. we é vt a «be TAS 10 Western Un Tel. be 20000 1000 Virgins rs, 12000 La 7s, con. pd Bor, gi Ran 10500 5-16 Bhs 16 jow middling, 4% he salos wore as Ti naary, 200 bales rT) at O.5te., 1.200 ato. at 9.606, 100 at 9.67e,, 3,1 ty dee, 5 400 at 9.516¢,, SOO AL Peres 100 at 9.500, UO wt Pac, 11800 at 8.506., HO at 9.4Me. Bea be. 40 Weegb 1m hav & Fives Kua bo PLL Bur & Q.. .be Tel say Winadeet su ehie aN NW. 8G 200 at VU 400 at BAe, 200 at a O8e,, 1,200 tL dle Bo Sate, “eet ‘i te Om at pons, oO at on wo at faite. 000 Din O.i2e., 100" nt 700 at De, or &R G Ist ae g000, ry ay me So Dat ii 9,800 Too at AUe,, UO wk ime. 300 at DANTE in nt Loe, Wt Me 10 at 7H” 10K 2000 vented ‘tet 100% eS i 7 rica thane ro, 88; Now York, 617 « pet Me Wo bites "Tite dey Test week. W.8id by ULL a ast year, 17,404 bales. Total « 1uvu0 OI balos, Cotton freigh' Mr 5000 Hie bs by #team, 1-lde., compre: steam. Se compressed io% ‘sail, 'se.; to Liverpool, by steam, Ka. & —Recoipts—Flove, 9,428 bbis.; wheat, 75 bbls, ty ad aie, i dot a barley malt, 1,780 do, The salon, including’ Ntate, Western and wore about 14,000 bbls, within the nnexed r with sales of 209 au 5000 10000, ae 10000 KP Ist", 1000 6,0 & 10 19000 Si feeb nid ani stondy, with ‘antes af SAH) bb eee e 8 wie. for Stig and de, wO7e, for Wes 1000 Tol & W L, K 1M @ quia Baan 7000 Gt W 2d, x 100 Mortis & Ks.be bs 75)q e rid S000 do. Ai Mo, Kati & Tex... be ‘ sy 1000 dl fa 1M Main & St Jo. he 1000 StL & 800 Han & St do pe. gu00 CAS TstgE. CORE 76 100 Ohio & M pt, be su CALL=190 Minnosotn. Sus ny ~ town hoop Olver st 4te Pita) NY tle tat. HONG 100 hs Iitinot Houta hooh Ontos tr a mW do... 1064 SOU Pitiabur, Ramil ‘ om do. jorthwi “ 4% es ern No. 2. Soathorn super Roathern extra. Routhern fat sly “a meal, Yaar wink seeeeso oe >| SHAIIRSRSRES: win Corn meal, puncheons —Wheat was dail and ghuding 46,000 bushel The sales (in- delivery) were, 140,00 Zrod winter, $1 10 for do. Birt Dushels at $1 09% a $1 10 for No. January: $110 tor do, Febraary: 110 tor cash dg (094 for No.2 amber, 81 10k, for do., Febr nner No. te white: 81 19 for tincy Stat pte stn 1 11 for ungraded amber, and $1 10 fc following were the bid and asked 0. 2 dar January: Baise Se. bid, B0e. ak Hi sbruar % iene id. $1 ‘y, BIE id, BL 10 ank S bid, $1 10% asked: O58 asked? do. Pebrus was quiet Bat ble winter, 1 10. Blast following were the bid and arked peices wt the second gall:—January. steamer, HX bid, 4545 waked: do... . ATG. bi F Olid, 45990. bid, 40% 443(6, bid, Hise. asko: Mase, sigamer, 1 ¢ Abie. No, wore 80 bushel Fobruary, ‘Na: 2, spot 75,000 elluw on. bushels at ‘45440. ier, for steamer mixed, r No, , 3 mixed: a higher, . t6, Be, Soar EE No, 2 mixed, 314se. B mixed, do) 70,000 bushels, including No.2 white, ory, mt xxv Cronu renanined dull und) nominal at 9}g¢. for 2% Se. tor 2 the, und ssc, tor 1 The market i Ju eaten quiet, but without material change in values. We quote —Auiarens, double dressed, 8175; sinulo dressed, 6160 resse rd, $128 Ps rs 130; Russia. clean, ee00 # 210, gold: Itali FS 10, wold; jute, te. a $45e.; Jute batts, 2ige. aw Foes. xsl and Lite, fsulia' hemp, ‘a Te. Motassys.—Forvigh ean deit wuke lasing ti rn Porto Rico stock Ia 435 hhds, Cuba, do ‘English islands. Domestic was dull. Stock, eutrifugal and mixed, 16e. covado, refining, do. a be.; Porto Rico,” 28e. aie. “Ehglis felis, “Tne. a 25e., New Orleans, new crop. Naval StonsaecThe matket, for “tie eats was quiet and more or low nominal, Rosin war quiet, but 750 bbis, No. 1 to good palo oto :—Npirite ¢ Surpentine, nerehant Rosin—Good straincd, $1 8 po |, $l 13; spirits flem at werd, 25; soft ‘and virgin, $1 85. Furvenue x denies unblasae Lene need eo bie niet, Sad closed at the call as id, die. asked: February, ioe. bi Mare! wa nk first Manas bid, 40e. ask: bi We quot inserd winter whale, rinver bleached fish Ls Je. Crude fsh—Sou Prtnornus-—The market for refined was again higher, as wil bo, neon by. the “appended unotations. We quots -— Ore 4. @ :maphtha, 8c. ; refined ew eaten, Lidge, anked for ordinary branda; rotined at Philadelphia, Be. bla Cunt Roudebiash rep petroleum), New York at $1 Ue 9. 8 1 6 do. at $1 0535, tL 10.00.40. at 8 OT siete ty int Opening, $1 03%. ‘Closing, 81 U5% bla, exchanges, 206,000 bbls, POULTRY Axv GAMx.—The market was stendy. The recent inited cortificates (erude oi 2,000 pe Olt City 43,000, bbl. ov i net Lowest, #1 ss old. Total, er State and Western, 0c, . 15e. a 18¢.; State ‘and Western, ladelphia, 13¢. a cks—Philadelphi pero per pair. pair. Grouse, $1 per pair, Canvasback ducks, $2 50 a ® per ry i perdonene squabs, $175 4 2 per Ladera ban yee md ie ae: nail, B25 aBl 6D per dosen. Sb per palt. Partridges, $12 per pair PRoytaiow: ipls—Pork, 173. ble. ; tlorees, 200 ‘ome and 100 cases; bae ‘sles were 400 bbl 100 bhi old don at 87 38. 91 30, ‘and 250 bbls. new moss, deliverable ry ‘April, at 85. The following were the bid and asked prices at the second, call: jn Februat old, o- new, #8 SO bid, asked; 55 igoked new, SOU DId, Boot hams were dull: C quiet; salon were S00 pickled hams, 11 Tb a .500 do, shoulders lies. 1: a envy to tight, a being influ cod bys speculative movement in the West, The ceules were 750 teres Western at 8 do. city. at 8733, 1,000 ra Wontern, fees at “$5 90. “Refined Continent woted at do. West Indies, $5 20. No ‘or future Bae ie 3 ok pk 2 (roi See} a do, 8 $5 tate 0. farch at 0 a5 Wise: BO ie Ron a he and 250 del, May, at $0 10. "tho. following were he Es and asked prices at the second call:—Janiary, bid, = 90 Sakon February, $5 90 bia, erch, #95 bid, asked ; od pas itor—Reseipte, iets packa, a stoady, We quate stato croainor estorn, fine to fan 226. ; Western, do.,, 1 Chi ‘voxes. |The. m dy. Wo quote ;—State factory, fancy, 8c, « MSc; Wentarn ac, oor to taey, 4c. 88 ed do., Sc.'a Se. Eges— eipts, O08 bbls, sat, was qiiet, | We quite — Long Island, New J ‘and near by, S0e. Penusylvania, 27. 0 Be; Western fresh, Canada, trenh, 25e. « 7c. Timed, sta’ ern, 15e. 8 17¢. Rice The market was fairly active Qaroline, fate to wood, She. w Wee, Louisian ‘a O4;¢.; Rangoon, in bond, Cece Receipts, 50 tierc “The market was quiet, Pritue Western wee quoted at Gc. and prime City at Bie, SvGAR.—The market for raw was firm at the late advance. We note sale of 80 hhds. molasse: Ge. The market for renned was dull but gpaty, Wo quote mee a refining, Ge. refining. O4e bubs, centrifugal, bhds. and Bt do. molasses, hhds. and State and sac. 133 Ke.; granulated, Bq. white extra C Stock (ascertained actual count, Ineln 6848 2613 ‘Totals. OS BIO 2613 Sales sineo Jam = Ha “as Stock this day, January 17ATO 6818 27411-2188 25.448 9,598 140,267 13 6805 10.671 45,382 2,788 15,626 14.26 1,190 eceipts—12 tides 5 tierees, sez Dole, and os casks The merket was fairly active. manles were, 6U,000 Ws. & Gige., and 200 bbe Ww —Ree: bla The market was lower: ‘which price the market ciosed is. Ue., andl sboam, 2.04) be: ran, ai 80 Loa. 12,000 bushels in bulk, Ghsd., 60 Urasgow—Stenin, some lots cheowe and butter at os. arters—Am Ltalian’ bi tn » Havre, Brest or Cherbourg, Buy. quartet Bd. ¢ Norwegian bi 16 Hontieur, ny o8. Gu. on, 4,30) quariers hence to a French h bark, hence cw hued pe im, 2Thye, @ hence te Bristol, witht sam) bbls. davai See to Sables-d'Vlonne, with Britis ship, 1.178 tons, in ab ds. tl port, quertore gh to Alicante, 9,00 bv at rates; @ Norwe ener nek. trom: ‘al quariors grain at os, td, DOMESTIC MARKETS, Gatveston, Jan, 8, 1879, middling, Ste. ; good 1,312 bales, Exports coast- 108, BO. New Onteans, Jan 8, 1879, Cotton quit; middling, O¥e. ; low middling, HYG. ; good rdinary, Sige, Net receipt Wise Wa. Sales, TH Stuck, ordin Noe recornts, 44d bal #; KrOKR, 4K, EX. ports: 4 ain, Tot; to France, BO, Sates, 4,00, Stoe Monte, Jan, 8, 1870, j low iniddling, Sige bal bs otton anit, wenkes good ordinary, 8. receipts, ion, Bx portem fi the seat 2,000; coustwike, 1,07. Sales, 14 Stock, Hurraro, J ¥., 7am 8 1878, nd unchanged ) bot y : sales of 4 cars new, on trek, at 37e, a Bo, quiet and steady; sales of M0 vushols Western at ie. on track, Barley in firm demand and steady ° Canada, on track, at Ye. Malt—Lig' fair trade Inge prices Aria and nnchanged ticles smebadged, }o receipts or shipments t Elonr firm and in fair demands Vivant seeteryoxtre wuive Mich Shite Michigan, Hel; January, O87,c. 4 Mare! Vic. Vorn firmer and in igh mixed, tn ‘Other ar. day M3 Ge. Foueuaty, F we No. ber We Sreserd Weg rian i active deinaud wt Si 2) 6 25. ieceipie-—Plowt ZAM bbis.; wheat, 104K) busbole; corn, do, | Oats, 3500, Shi rnvonte—Piour, 1,000 bbls. corn, hots; oata, 1,400 do. Torevo, Jan. 8, 1879, red it amber Michi; c.5 Fe y i ted, ot seller May, . them; No. 3, die, Carer, Jan, 4, 1879. Four stoady and ainchanged. Wh nd but at lower saree tengo spring, 29% Ags Cuieage wary, witha tate domaud at Bie. cart; Die., Fobraary: Wee. March. Oats steady and wnet agek Ryo at changed, Barley steady ond tirn Ke ly, higher; 87 00, i ey stendy and it, O.R) bblne Whe 's changed ae BL 8 Heesipte 1AM) bnatiola: Cor, 10a ta a barley, 18,u00 do. Shipinents—Fioar, ¢ nak) nhl ny ti 27.000 do Wheit ti higher. Unie <W EUROPEAN MARKETS, COMMERCIAL. Livenroot, Jan. 8—5 P. M. Cotton—Futures dull but stead: included 5,20 bales American. iS ee ecw NEW YORK PRODUCE EXCH. Pork— Pine: mes ern, dull at Short rib dult ac 230, 4 clear dull at 24s. steady at 18s. Bee dull at 02s. ; new prime ¢ do. dull at Tis, ern steady at 30s, ‘al tine—Spiri Lard—Prime eet steady at Bx. Od. estoaay at Ys, Corn—New steady at ‘id, Cottonseed oil—Yellow Ameri tosin—Commen, at London, firmer at 5s. ei at ate eri at London, dull at 21s. 3d, Loxpos, Jan. 85:30 P. M. Calcutta linseed, 45s. 6d. a 46s, per quarter, Refined po- frolewm, 10d. per gallon, Linseed oil, £24 per ton, Tallow, Der cw, Tavae, Jan, 8, 1879, American lard closed at 4134f. per 40 kilos. Axtwenr, Jap. 8, 1879. Petroloum, 22%¢. for fine pale American. FINANCIAL, Lonpox, Jan. 85:90 P. M. Tho rato of discount for threo months’ bills in the open market is 4 per cont. which is 1 percent below tho Bank of England rates. India Council bills were allotted to-day at ONEY- ON LIFE AND s and Mortgages: same st COMPA nent Insuranee Policia nsurance of all kinds effected with ost premium: 165 Broadway, box 1,880. LOK RECOR! "YEARLY, GL Broadway, 13 the only paper in America that giyes full. reliable accounts from the grout GOLD and SILVER mines. _aiining stock ordurs executed. Information freo CHISOL Bert A LOAN OF §250 18 teic® SECURITY, huirsivaw! and dlamoude, Address MORAY, Herald Uptown office, At CALIFOR: TA AND OTHER M buy and sell Mining Stocks othe Ban Eransiste end Mors Xone Mining Stock Ex- changes or elyowhere daily on cominission, aud dividends paid by us in New York; “ALBERT M. Bankers, Brokers and Ane Ost PEO TTABLE WAY FOR is by combining many orders into them asawhole. Informa- Brokers, 57 Exchange place ‘E MINING SHA\ BOUGHT AND Id in the Califorma and New York markets and divi- ends paid here on the day of their payment in San Fran- cisco, WILLIAM WARD & CO., Baukors and Brokors, 32 PIANOS, SAFES, ‘st, west of 6th av: BS ON FURNITURE, 108 West 33d 1 (storngo office). ROOKLYN MOR loaned at six per cont KE. BOWEN & CO., 62 Liberty at. Ov THE CHY OF NEW wery, corner of Canal TE! Bivipexp. —The 0 THIRST SEVENTH REST Trastoos have ortored that interest at the rave ot PLVEE PER CENT per aunuin be paid to depositors on and after January 20, on all sums of $ and upward which have been ou deposit for the three and six months ending December Isis, interest will be credited ay an original deposit, and, if not withdenwn, will be entitled to interest from January 879. Deposits made on or before Friday, January 10, will draw interest from January 2. Bank open daily from 10 to 8, and on Mondays and Sat. urdays from 10to7, Bank books in English, German and Freneh. E. A. QUINTARD, President. _SxrMoun A. Boxcr, Secretary. reg Sea HAVE belgeye} sy Now York city pre t; Cit bought and sol Pn" eT ANHATTAN SAVINGS BANE BOOKS PURCHASED. Call or addross W., room F, Equitable Building. | Mose OANED ON Box AND MORTGAGE. — Largo and small sume: 9 > Hort games fot aule. ‘ON MORTGAGE, Stocks and Bonds New Chambers CKILLOP & SPRAGUE CO! FULL REGISTERS July, 1878; other fail Rogin le cheap. Apply toG H, BUT FOUR PER CENT U. 8. BONDS. HATCH & FOOTE, No. 12 Wall st., offer for sale the new Four Per Cent Bonds, either coupon or registered, in denominations to. suit purehasers; bonds on hand for lmmediate delivery. “Called Bonds” and all the various issues of United States securities recoived in P rue NEW hased at ful rket rates. RUST FUNDS TO LOAN ON MORTGAGE—SIX PER cont. WHEELER & JENCKS, Connsellors at Law, 149 Broadway. ATTERSALL'S STOCK EXCHANGE, 1,225 BROAD- way.—Orders received to buy or gell Stocks on margin, eDO! L & C Interest on deposits tom $5 to $3,000 at the rate of ) five per cont per annum and on all sums exceeding $1,000 at the rate o€ (4) font percent per annum on the le on or after January 20, 1579. its on oF be- ie 10 will draw interest from Jai from 10 to 3_and on Mondays JOHN W. BRIT Ganoxen 8. Cuarry, Treasurer. _ Cuantxs BE, Srnacun, Secretar: NITED, BROOKLY $3 pe For full particulars apply to CAM. Con Walls ee ree PTOWN STOCK OF FICE—TELEPHONE TO WALL st.—Stocks bought and sold in lots of ven shares and up- wa a moderato fearging under new rule of Stock Ex- chan, SA ae \ ) ADDITION PITAL IN A well established business vill ae full investiga tion: only principals need answor. Address D., box 224 Herald oifice. 63 Enat dist. z TILL ANY RESPONSIBLE, PRIVATE G loun # lady $500 on security, without cha per cent monthly interest? Mrs. PRYNNE, town. 3 Be a ¢ etly': ees 7OUNG WIDOW LADY (INTELLIGENT, REFINED) wishes honorable gentioman’s financial assistance; se- curity given. NEED, Herald Uptown office $30. 000 FOR THIS AMOUN make at least mining or railroad buying gold dollars, the party putting up the money always having it in his own hands. "Parties not having the mone; Feady at once neod not reply. This ies sure fortune Fall particulars at'interviow, Address J. H. 8., COPARTNERSH Ps. NEw. YORK, JANUARY 8, 1870. by given that the partnership hereto re Beret sho enderstemed, ender the arm 11 COPARTNERSHIP HERETOFORE EXISTING under bod. Led name of Lanenirgy | & Hartmann, ie this mutaal consent, Strasbur; m1 T. STRASBU tne -TMANN. “(RELIABLE MAN; WITH $3,600 CARH, CAN a party in a pleasant, easy business, sure for $4,500 Sroftes Al reforences: closest tnvostication solicited. Gall at 888 Broadway, ond floor, front rov YOUNG MA Goon ADDRESS, G ta AA Franciseo, will ake comninsion ‘oF represent 67 Myrtto av a OF ILL will dispose of Noss; 8 Faro chanes for a capital of $10,000 to § . Apply this week Friday before 3 P.M. mation at store of MATTHEWS | BROTHER, 98 Chure at. city. UCTION — COMMISS! —AN (ESTABLISHED house, with oxtonsive conncetions among t Riacturers, wants an active capitalist, with 8.00 if desired, can control business simply managing departments, ‘Apply Gas LEtONt os roadway, GEN ANH JAtroasarer in an enna per weok paid and the money Property; the most andoubt quired, OTIVE, TRU! BTY MAN WITH 130 V safe. profitable i ring business; no ris! dross SUITE FIINC. Herald office, DVERTISER DESIRES GENTLEMAN AS EQUAL SRperingein purchasing lendid. bustnons,, worth 100 vokiy; $150 roquited. Cal CHRAP—CORN BR GROCERY STORE IN PARTNER WANTED— teer in full operation jd staple, Addrer e TANTED—A SPECIAL “PARTNER, OR ACTIVE With $75,000 to $100,000 capital, in a snees import ing and manutacturing business; leading house in its line in this city: principals only please answer. PARTNERS, box 207 Herald office. W2mitiat PARTNER WITH SOME CAPITAL IN & Woll paying business, Call at 278 Pearl st, “Now Yor! JACOB BRADLE, MPORTERS AND MANUFACTURERS. —WANTED BY a thoroughly experienced salesman and canvasser, who lished exclusive ageney for San Pacific States: strictly firet class houses need only angwer this. Address SAN FRANCISCO, Horald office, JEW HOTEL aN ble* man Hierald office. ARTNER, WITH $600, business; fully establis week; no risk. Addross J. Herald office, SER WANTED-WITH A CAPITAL OF $50.0 xeneral and importing busin has an ex DN BROADWAY WANTS “RESPEC NST. pon and run same. Address OWNER, N FIRST CLASS PAYING narantes $50 por + Ww box Ly Y OF GOOD BUSTS . One Whe EAN APpree tin the nidnntactnre, s N ten radienl im: ply and application ‘and metatlurgten!, purpose xineert * Kye olan LI enn EL ry ne ae pay | A THE MERCANTILE AGENCY. Tt is now very nearly forty yours singe the muccantile Agency was established, and it is still condneted upon the Bal principles and with slight adaptations to altered business necessities, upon the same plan as it was origh ly commenced with. ~ Many efforts have been made not only to imitate it elosely ut notwithstanding all the special foatures held forth to allure patronage they | but also to improve upon its plant have all ended in disaster and ruin. Some of the concerns which have thi attempted improvements and in conse quence fallen into difficulty have, by resolving themselves into stock companies and extinguishing existing liabilities of stock to creditors whom they could not otherwise pay, have contrived to prolong exist by distributing certifieat ence; but the end comes at last, and it is always the same, ‘Tho success which has attended our own eareer is largely due to the fact that our business Is in the hands of mew who have spent their whole lives in it, who may, in fact, be anid to have made it the sole business of their Ives, while the various competing offices have been started and ‘@ goneral thing, have taken. up the business Inte in life, withont previous training’ conducted by mon who, knowledge or experience. In fact it seems as though mem who could succeed at nothing else thought they had some special aptitude for agency work, when in reality they had none whatever, and had not even the rudimentary knowledge of its operations. Is it, then, any wonder that we should look tpon such competition with contempt? Two of our present partners have spent thirty-four years in the business, and all of them have been in it over @ quarter of ® century. Muny of the managers of our branch offices have beon connected with us fot twonty and upward. If all this counts for nothing, them experience and business training are of no value. yeai It is time that these things were properly eonsidered by those whose support and patronage for agency purposes ts sought. A vast deal of money has been literally throwa away by undiscriminatin; Jects, which money, rightly applied, great and beneficial effects to the community. The fact is that there is really money enough subscribed by business men to do tho work efficiently if it were peoperly applied, but it 1s 60 divided up among the different charlatans ongaged i very object sought after, f no less than forty-one mor. cantile, commercial and collecting agencies, which have all the business as to destroy ti We have a list now before ended in bankruptcy within w fow years, and in loss te those who patronize them. Probably some millions of dol- Ines have been lost in this way in unfalfilled subscription contracts and collections made and unaccounted for. The truth is, that at our own present prices it is diffienlt to make any profit, and any attempt to cut under them must of necessity result eithor in unfulfilled undertakings or in ultimate ruin to those who assume them. Out organiza tion {s 80 complete that wocan make any given amount of money go furthor than others can, and although our total revenue is probably three times as great as all others in the business combined, yet, while exercising the great» est careand economy, it is difficult for us to accomplish the parpose sought and make any profit to ourselves. A little relaxation of vigilance: little carelessness in ecom- omy, would surcly bring the balance on the wrong side at the end of the year, Itis a great mistake to suppose that large profits are made at present prices. We repest, that it is with the atmost difficulty the business is done at all without increasing them. ‘Wo are not & stock com: with merely nominal as: sets in stock certificates, We are a firm—the copartuers | are publicly known, or can be ascertained at any thme by inquiry at any of our offices. There is no secrot whatever about it, We make no boast of our resources, but it cam easily be ascottained that, aside from the large capital , ‘employed in the business, all the partners have investments of well known value outside quite sufficient te giveas surance of security and safety to those whe intrast ws with thoir interests; and, above and beyond all this, we have, as above observed, record of honestly fulfitied obit. gations extending over nearly forty years. In view of the disasters and discredit with whieh the yeat now closing has witnessed in collapsed agencies (no less than five baving failed in New York alone), (t is simple jus tice to ourselves that we should put there fnets in omphatio terms before the commercial public, and thus shake from our skirts the disgrace and contamely which such pro- tenders at the agency bi name, and toask, furthermore, that « fair discrimination iness bave brought upon its very between us and those who are unworthy of being called Weare quite willing to be ur own conduct; but we pro competitors should be made. judged upon our merits an: test against being classed among the host of quacks whe havo neither capital nor facilitios for the basiness they are conducting. Our Roforence Book, containing capital and ereait ratings, is now issued. Tho material for it has been col- lected with unasaal care, and wo feel confidont that we may safely say in advance that we havo nevor issned book upon which moro labor and thoroughness have been ox: fended. A careful abstract of the Assignment aad In- ‘States has been prepared, which, with the usual synopsis of Collection laws, dates of tho sittings of all the courts, &c., will appear in our Ap pendix. a ae But, nearly perfect as will be the Reference Book, it wilt bo but m more index to the vast atores of detailed informe. tion which our records contain regarding the antecedents, charactor, eapacity and credit of all business men, These reports ate periodically revised, and aro freshened with the record of each day's occurrences. ‘Tho morehant and bankor wio neglects to eval himect® of the valuable information gleaned and confirmed by our BIGHTY BRANCH OFFICES, pped staff, and the reealte army of correspondents, jsadvantage, solvency laws of tho vat each with a thoroughly well © of the careful observation places himself at a seriou: ‘Wo are at all times pleased to explain and Mustrate ear methods of business to partics requiring its aid, and, eo Heitts in investigation of our facttities, we are, Bospeetfally, DUN, BARLOW & ©0., AND 316 BROADWAY. daxvany 8, 1879. am s| TAPE B, SAFE — LEGITIMATE, PARTY, WITH S9B1,500, wanted, as metal partner: $2.0 guirantoed fret Four, trial sive. AL OFFICE, Lath at, WANSTED—A GEN saan TO TAKE A HALF IN- terest ina theatre in this city, now doin, splondid business 11 amount of money required. Ad- dress ALI $4.00. MAN, WITH IMMEDIATE OA CAsiL NOT afraid ‘of work, to manufacture oO wa” Commence with’ Address HEGEMAN, Herwla $10,000 001 Rent oe act sive, intelligent mma wl find this @ quod investinon Apply by letter, A.B. B., Herald office $15.000 prenstrt Hnsiews ment will Hind this 12 tol. Ghonun WORTH $50.000.—B08 EN, AT See. he monopol. ‘an article in uml superior and one-third the price of pecimens to be seen at ang we 21 Court st., Brooklyn, 5000 =v: a WANTED, WITH FU enbowe capi i srateribor in the fuauaracture and importgulo of Heather gods; house « fabliched for over thirt + tte news given end reynired. Address Pe vox wise" oot otkes.