The Sun.
London, England, 1869-02-16 00:00:00

MONEY AND BUSINESS.

Messrs. Stokes, M'llaffie, and Co., have received the
following message from their New York correspondents ;
(By Atlantic Telegragh.) " New York, Feb. 10.—Four
days' receipts of cotton at all ports are 30,000 bales. Ap-
proximate estimate for the week, 65,000 bales; against
same week last year, 96,000 bales. New Orleans, Feb.
10.—Middling costs, laid down in Liverpool, with all
charges, 131(1. per lb. Savannah, Feb. 10. —The cost of
middling from this port, laid down in Liverpool, with all
charges, is 131-d. per lb. Galveston, Feb. 9. —Good ordi-
nary costs from this port, laid down in Liverpool, with all
charges, 13d. per lb. Markets rather steadier." The
above quotations include an allowance of 6 per cent. for
loss in weight.

(From the Springfield Republican, Jun. 30.)

The condition of the money market is reported much
the same in every commercial centre—a lively demand
with a comfortable supply. At Chicago, where there is
so often complaint of a scarcity of currency, the market is
steadily working easier, and so in other western cities. At
Boston strong borrowers experience little if any incon-
venience. The banks are freely meeting the applications
of depositors at 7 to 7-1- per cent. (mostly at 7), and several
institutions are doing something in the choicest "outside"
paper at 7i to 8 per cent. The Boston market has not
even winked under the windy bombardment of George
Francis Train, who has been pompously advocating at the
labor reform convention there his pet policy of issuing
$200,000,000 of greenbacks and the abolishment of specie
payments. Train, however, was quite cast into the shade
by a new light in finance at the same convention, who
proposed not only that the Government should issue Trea-
sury certificates to any amount required, but that "States,
communities, and individuals" should also have the privi-
lege of issuing money "to any extent they deem best."
The financier of Essex, thus outstripped in his own
ground, will have to try again. The last reported ex-
ports from Now York include 3,568 bales of cotton and
foot up :

1868. 1869.
For the week 53,269,323 $3,080,903
Previously reported

Since January 1 813,360,701 $11,071,919
The trump card of the bears at the New York Stock
Exchange this week has been the bugaboo stories from
the Illinois Legislature. A bill for restricting railroad
freights and fares is now before that body, and is attract-
ing general attention in the West as well as in New York.
Already it has gone through the Senate, and the House
has already passed it, but with so many amendments
tacked upon it that its own father wouldn't know it.
There are reports that the Governor is pledged to sign it,
if it should get through both houses; but as the Senate
isn't likely to agree with the House, and as the Attorney-
General pronounces it of doubtful constitutionality, there
is no occasion for much of a scare among the stock
gamblers. The movement for restriction comes very
naturally from the patrons of the railroads, who are
compelled to pay much heavier local fares and
freights than our considerate eastern roads pretend
to exact. Nevertheless the Chicago papers condemn
the measure in unstinted terms, declaring that its effect
would be to drive from the State foreign capital, hitherto
its chief reliance is railroad building. The road which
would be most affected in case of the passage of the bill
would be the Illinois Central, but at the same blow this
great corporation would be released from its contract to
Pay 5 per cent. of its earnings to the State—an aspect of
the ease whichwill tell against the bill. 'I he North-western
road will suffer but slightly, should the bill become a law,
as its average receipts collected in Illinois do not exceed
31 par cent, per mile, and its total loss would not be more
than $200,000 a year—a small matter in view of its im-
mense traffic. The favourable financial reports of this
road have stimulated large purchases on European ac-
count, over a million dollars of its stock having been
bought by foreign capitalists within the last three months.
The most marked rise in stocks this week has been in
Harlem. It has been selling at 133 or thereabouts, but on
Tuesday jumped up to 140 upon a report that the earnings
used in construction and the real estate of the company
are to be capitalized in the same manner as those of the
New York Central have been. This road o wns consideraltle
real estate in Westchester county, New York, the value of
which has been largely enhanced by the appreciation of
property in and near the metropolis. Another stock that
is particularly firm is Pacific Mail, which company has
earned, if rumour may be credited, 8 per cent. in the last
quarter—at the comfortable annual rate of 32 per cent.
The Californian fares have been increased so much since
the opposition steamers have been withdrawn that the re-
port of its earnings is not improbable. The telegraph has
already informed us of the completion of 1,000 miles of
the Union Pacific Railroad, and of the fact that it is neces-
sary to build only 267 miles more to complete the connec-
tion of this road, going west, with the Central Pacific,
coming east, and thus open an iron pathway for the
locomotive across the continent. This grand accom-
plishment cannot be deferred beyond mid-summer. The
five millions of dollars earned by the Union Pacific
in 1868, with an average length of 700 miles of road,
in operation, were derived from those sources: —From
pass •ngors, $1,024,005 ; freight, 82,040,223 ; expres4,
851,423; mails, $136,235; miscellaneous, $91,626 ;
Government troops, $101,077 ; Government freight,
$449,410; contractors' men, £201,179; contractors' mate-
rial, $968,430. Total, $5,066,651. This amount is largely
in excess of what was expected to be done simply front
the local traffic of a new and unsettled country, and would
seem to justify the estimate that the earnings of the road,
when completed, will be from $15,000,000 to $20,000,000
a year from the start. The " bull" cliques in Wall-street
and the railway magnates on all the lines from New York
to the west are predicting their operations and schemes to
a very great extent on connecting with the Union Pacific
on favourable terms. Their aim is to control a through
line from New York to Omaha, eo as to catch some of the
great trade from the Pacific Ocean and China, which will
pass througL that channel ; and the importance of this con-
nection with the Pacific railroads to the receipts of the
other roads is consequently not over-estimated. The pub-
lic debt, according to Washington predictions, will be con-
siderably increased this month. The receipts of the Go-
vernment from customs, internal revenue, and other
sources will be about $29,000,000 for the month. On
the other side of the account must be placed nearly
$29,000,000 in coin expended in paying the interest on
the Five-Twenty Bonds and Bonds of 1881 ; $1,500,000
paid out in interest on the Pacific Railroad bonds; and the
current expenses of the Government about $13,000,000,
making a total of about $43,500,000. The-increase of the
national debt will be in the neighbourhood of $14,500,000.
The statement for the month of February, however, will
show a material reduction, as the expenditures will be
much smaller than they have been this month, and the
interest to be paid will be only about $4,000,000, while
increased receipts are expected from the internal revenue.
The following statement shoWs the sources whence
the Government has derived internal revenue in the last
two years :

1867. 1868.
Manufactures and productions $146,223,673 $100,274,508
Gross receipts
Sales
Special taxes
Income
Legacies
Successions
Articles in schedule A
Bank circulation and deposits 2,046,562 1,866,745
Passports, &c 28,217 28,280
Slaughtered animals 262210 6,030
Fines, penalties,and forfeitures 1459,170, 1,256,881
Stamps 16,093,718 14,852,252
Special Treasury agents

Total . 5265,920,474 $191,180,554

The general abstract of the quarterly statements
made by the 1,626 national banks in the country, on
the first Monday in this month, embraces the fallowing
items under the head of resources : —Loans and discounts,
$643,090,736 ; United States Bonds to secure circula-
tion and deposits, $372,828,300; due from banks, ex.,
$13,790,525 ; cash items, $142,405,590; specie, $29,590,960 ;
Legal Tender Notes, $87,980,726. Among the liabilities
are—capital 5t0ck,5418,858,931; pr0fit5,5116,433,650; Bank
Notes outstanding, $297,000,000 ; deposits, $584,857,850 ;
due to banks, &c.,5121,431,000; aggregates, $1,539,669,920.
Dry goods aro rather quiet. There has been a fair trade
in most of the leading fabrics, but no special movement
in any department. The recent active demand has been
checked in part by the comparative quietude of the cotton
market, with its accompanying depression of prices of the
raw material. But there has been no reaction in the
prices of cotton goods,though some assortments are offered
on terms more advantageous to the buyer. That sellers
are more disposed to sell at the market price than they
were a week ago, is evidenced by the fact that many
fabrics which were then withhold from the market in an-
ticipation of better prices are now freely offered at prices
current a week ago.—The number of buyers in the Boston
boot and shoe market is constantly increasing. Prices
generally are higher than last year, and unless labour or
stock advances the manufacturers will realise handsome
profits. The total shipments from Boston in the past week
were 20,199 cases against 6,590 last year; and the ship-
ments since Jan. 1 have been 54,165 cases, or more than
double the sales of the same portion of last year.—The
Brighton cattle market ban been heavily stocked, and
prices have fallen off this week, but trade has been
tolerably brisk. Many drovers who purchased at prices
of two or three weeks ago will find their profits small,
if indeed the balance does not fall on the wrong side of the
sheet.

The first of a series of monthly track sales of wool took
place at New York on Thursday. The sale was largely
attended by the trade and by manufacturers, who bid with
considerable spirit. On the whole, the result was satisfac-
tory, though pulled wools sold rather low. The following
were among the prices obtained :—Western unwashed 32c,
tub wad/silted 47c to 60c, lowa fleece 47c to 51c, unwashed
Michigan fleece 29c to 34c, untnerchantab!e Ohio fleece
31-ic, lowa ditto 42c, Western ditto 38c, unwashed lowa
31 to 361 c, ditto combing 65c, Ohio No. 1 50ic to 52ic,
Ohio X 51c, Ohio XX 54c, Michigan X 491 to 50c, West
Virginia XX and picklark 600, Ohio No. 2 53c, coarse
fleece 45c, extra pulled 41c, No. 1 scoured $l, No. 2 ditto
921 e, No. 3 ditto 80c, No 5 ditto 77c, No. 6 ditto 60c, coun-

try superfine pulled 45c to 47c, XX ditto 503 c, and £4llPer-
fine ditto 44c.

(From the Wall-street Journal) -
FRIDAY EVENING, January 29, 1869. The market is
plentifully supplied with money on call at seven par cent',
with exceptions on Government securities at six per cent'
Discounts are fairly active at seven to eight per cent',
with some transactions at nine per cent. Government
Bonds are steady, with a fair business doing. Gold is
quiet, and for the moment there is little speculation. The
market opened to-day at 136, and closed at 1363. Foreign
Exchange is quiet, but firm. Border and Southern state
Bonds are in fair demand, at, in some instances, low era
prices. In Railroad Stocks a largo business is doing, an
the market is buoyant, particularly for the North-western
i
and the St. Paul shares. Ohio and Mississippi, Clevelna
and Pittsburgh, Michigan Southern, Toledo and Wabesb/
and Reading, are also active and higher.
EXPRESS STOCKS are more enquired for. We quote
Adams ... 63f to 6,5
American ... 44 to
Merchants' Union 173 to xi
United States 53i t°

Wells, Fargo, and Co. ... ... ...
... 29i to 91
QUOTATIONS FOR SPECIE.
Eng. sovs 487 to
20 francs 385 ~ 31,
Thalers

Amer. silver 95 to Hi
Mex. dollars 1031 „ 104
Eng. silver 48U , 485
Five francs 951 „ 96
FOREIGN

Londcn Bankers
Lou:, n Prime Commercial ,
Paris, Bankers
Bremen, Bankers
Hamburgh, Bankers
Frankfort, 0.3 i
Berlin and Cologne
Antwerp
Amsterdam, Bankers
Swiss

XCHS NOE.

Sixty Days.

109i-169f
10R-109}
5.181-5.15

781-79 k

40i--41f
711772 .

Throe DrLY,i
110i-11($

......
5.14-J•

5.18-5.15
40f —4l ::
I —5.15 ..
/It RAILROAD MORTGA*I
z•RS.'
Chi. & N. W. Ist M...•••
Tol. & Wab. Ist M .... Q-01
Gt. Western IstM '88... -
Mil. & Pr. du Ch. Ist M..
Gal. & Chic. Ext ..........
Gal. & Chic. 2d ......... DZI
Chi. &R. I. Ist M.. .....
Chi. It. I. & Pacific 7'5... ""'
Cleve. & Tol. S. Fund...
N. J. Central Ist M...••• 01
N. J. Central 2d M ..... .
Pitts. Ft.W. , & Ch. Ist 31.1,,"1:
Pitts. Ft. W , (ALVA!. „7.2'
Pitts. Ft. W.,. & Ch. 3d M.
Cleve. & Pitts. 2d M
Chic. & Alton, S. F. Inc. 41
Chic. & Alton, S.F. lstM.l,,l'i;
Mil. & St. Paul Ist M... 'al'
Mil. & St. Paul 2d M... °
Marietta & Cin. Ist 31...
Morris & Essex Ist M...
031
Morris & Essex 2d-M...
Joliet & Chic. Ist
Chi. & Gt. East'n Ist M.,

CLOSING QUOTATIONS F
N.Y. Central 6s, 1883 901
N. Y. Central 6s, 1887
N. Y. Central 6s, R Est 87
N. Y. Central 6s, Sub'n 87
N. Y. Central 7s, 1876 102
N. Y. Cen. 7s, con. 76
N. Y. Cen. 7s, '65-'76
Erie Ist Mort, Ex 102
Erie 7s, 2d Mort, 1879 08
Erie 7s, 3d Mort, 1883 911
Erie 7s, 4th Mort, 1880 87
Erie 78, sth Mort, 1888 851
Long Dock Bonds
Buff. N.Y. &E. lstM, '77 B9
Had. R. 78, Ist M, '69 101
Hud. 11. 78, 3d M, '75 —
Harlem Ist M, '6B '72 101
Mich. C. Ist M, 69'721 1161
Mich. new Ist M Bs, 'B2 118
Mich. So., 7 p. c. 921
N. Ind. Goshen Line '6B
Mich.S.&N.l.S.F'd7p.c. 97f
111. Cen. 7p. c, '7O 1141
Alton &T. H. let M 93/
Alton &T.H. 2d pfd 84
Alton &T. H. 2d M. Inc. 77
Han.&St.J.LandGrants
Han. & St. J. Con
Chi. B. & Q., Ist M 110
Chi. ez N. West, S. F —
Chi. & N. W. Con Cony 93
& N. W. Ex'n B 9O
PUBLIC FUNDS OF
Sixes, 1868, registered
Sixes, 1868, coupon
Sixes, 1881, coupon 112; to 11“
U.S. 6s. Pacific Railroad lOO-1 to 101 j
Five-twenties, 1862, coupon
Five-twenties, 1864, coupon
0° 11
1
Five-twenties, 1865, coupon
.00
Five-twenties, 1805, coupon, new
Five-twenties, 1867, coupon
U.S. 5-20 Coupons, 1868 llOBll tot (-10911
Ten-forties, coupon lOB/ to
Seven-thirties, 2d series
Seven-thirties, 3d series ...
Oregon War Loan, Sixes, 1
RAILROAD AND MISC
N. Y. Central 163/
Erie
fludson
Reading
Mich. South. &N. I 95/
Illinois Central
Cleveland & Pittsbrg 9
North-West
North-West Preferred 91;
Canton
Rock Island
Dleveland and Toledo 106 I

N.Y. &N. H. 6s .. . .
Dubuque ScS.City,lst ..

Peninsula Ist M.. ....... -
Ohio & Miss. Ist M...••• gG
Ohio & Miss. Con.: .. ...
Tol. P. W. Ist M. E. ....
Atlantic & G. W. Ist )31'

'HE UNITED STATES.

1881
'ELLANEOUS STOCKS. 12,11
Fort Wayne ............ -;1;
Pacific Mail ...............
Atlantic Mail ............21
Quicksilver .............
W. U. Telegraph ..... • 0
Mariposa Preferred •••• 331
Ohio and Mississippi."
Boston Water Power., filik
Cumberland ............. 107
Bankers and Brokers...
& St. Paul ..... ...... 96
M & St. Paul Preferred

SStANNUAL SWORN REPORT OF SOME OF T-5 po.,
YORK PETROLEUM COMPANIES.—The Clinton Oil C°l9,,i
report that they have no debts; the Northern Lig';,etro'
Company, that they owe $662.29 ; the W ebster xooor
leum Company, $2,000 ; the Allen Wright ' Oil 500 ;
pany, $3,100; the Guild Farm Oil Company lotS;
the American Oil and Mining Company, 110 tea
the Bliven Petroleum Company, $1,200, and 61;s.i)a,litea
claims amounting to nearly $60,000; the Coue°'l:tro"
,
Petroleum Company, less than $5OO ; the Everett 00
leum Company, not over $8,500 ; the Buchanan Fa Vicar.
Company, not exceeding $2OO ; the Rynd Farm 00 140/
pany, $3,205 and a disputed claim of $15,000 ; the 000;
York and Pennsylvania Oil Company, about s'7,' (ia
the French Creek Petroleum Company $30,5A3; sail
litigation) ; the lleydrick Oil Company, $21,0'
the Bergen Oil and Coal Company, $113,000.
The Tribune is trying to force Mr Co' ow
Smythe into a fight with Mr. Pollard, who has bg° tbo
ing something very severe about the cioadidato iS
Russian Embassy. The Tribune's way of putt',
P,
(the rebel "carpet-bagger" being Mr. Pollar"i'6o'°'
Smythe first wont out of his way—neglecting 03,4 1)1.4
of wounded a Idlers seeking such appointments 'viol,
hands—to confer a place upon a noted and in°st,.., 1'01:
lent Rebel carpet-bagger. Then, according '; t,o'
lard, Mr. Smythe sanctioned the taking of
e
oath by this rabid Rebel editor. Next, v
sig°'
t Id, Mr. Smythe persuaded Pollard to er
0°
on the ground that his appointment was too odietisdlstiO
collector to bear the burden of it, and with the at
promise that his salary should be continued vol°l°oo,ati
doing any work ! I have a plan," said the diP',, tai
Stnythe, according to Pollard's report ; "resign
request—be particular to put it at my request
Eadot,
shan't appoint any successor to your place, and your do OA
can go on." As to putting in any substitute to
work, Pollard could do as he pleased ; " but resign `;
ing his lye), you see the game I shall make no 11/es for,
lows." But the game was made on another victiraolsl."
the faith of this promise to cheat the Governraout'
was himself cheated into resigning. real°
gap-
An order has been served upon the w,oreo,
Court of the District of Columbia, by order of the p'h
Court of the United States, commanding thati°Sseolicith°,
Bradley be restored to that Court as attorney enu
in all his franchises. Chief Justice Carter Pb:l:s,
mandate, rescinded the order debarring Mr. Bra"
practice in the Court, but held that this, under alteroste;
of the Supreme Court of the United States, did,l3,, 0511eg,
Mr. Bradley to the Criminal Court whence Judi 01",
expelled him. He then announced a rule that 11° is
pended in one Court of the District shall practi°jA
of the branches of the Supreme Conrt of the DistrWro
practically leaving Mr. Bradley where he Was
United States Supreme Court issued the manila
[ADVERTISEMENT.] Dyspepsia (Indigestion), `-',o°,,:achcole:,
Debility, Consumption; and all nervons, bilious, 0" od
liver complaints in every stage, are only aggrapatedraiiie 0,;:i
rated by drugs of every description, but perfectly ou Prot'
,Ls'4
Barry's health-restoring Revalenta Arabic& Food, q'te,s, tits:
thousands of cases which had been considered We- oaeotir
—cough, asthma, also diarrhoea, haemorrhoids, diP,4,er
flatulency, nervousness, biliousness fevers, sore threl
ria, catarrhs, colds, influenz nois, 'n the head anuigia,tel),,,e'
matism, gout, impurities, eruptions,es
bility, sleeplessnees, acidity, palpitation, heartbur'
debility, dropsy, cramps, spasms, nausea, and sickpeas tio tvi
pregnancy or at sea, sinking fits, bronchitis, scrofuLioreo„4
of the chest, pains at the pit of,
the stomach and 150t0.r.",01
shoulders, &c. We quote a few:—The Pope's health,,Als6b„joS;
Du Barry's Food. Cure No. 68,413—" Rome, Ju131.14,e D"
health of the Holy Father is excellent, especially futleti;•ell ".plate'
ing all other remedies, he has confined himself o[ool,
Barry's Bevalenta Arabica, Food, of which he cons. 10_,°,01110
ful at every meal. It has produced a surprisn„his o>"
effect on his health, and his Holiness cannot pratr," iv 26.
food too highly.—From the "Gazette du Midi, ,u 6'f ft' life,
No. 46,270-Mr. James Roberts, ember merchanti 1,100340,,r,
Surrey, of thirty years' diseased lungs, spitting T,ork„'er
derangement, and partial deafness. Cure No. 1,771-7,rewSpoo:.
de Decies, Lord-Lieut. of Waterford, of many clYsfro Tr-s 0)
No. 49,832—" Fifty years' indescribable agollY „,180017, Nortoo
nervousness, asthma, coiigh, constipation, ita'-aat 050i5,,
sickness, and vomiting.—Maria Joly." Import , VW*
Beware of the many unsavoury and more than slolfr',:aos'
to which, without authority, Baron Liebig's name 111,7),
ciously attached. lbs.i 10. ;00'4
In tins, at Is. lid.; 1 lb. 2s. 91; 2 lbs. 4s. ; .00 tor
225. ; lbs, 40s, -Also Du BARR Y's Ii,EvALBsTe. t eto,
LATE POWDER is packed in tin canisters; for 12 cuPs gior 57; :We
cups at 3s. 6d., for 48 cups at 65., for 288 cups at 30s1nd 000,
at 558.—being about one penny per cup. The 30s• Post
are sent free of carriage in England on receipt tCstreet,
Order.-BARRY DU BARRY and Co., No. 77, IWO'
don; and all Grocers and Chemists.
Births. trot' P
o
LINDSAY—On the 14th inst., at 31, Bruton
Jane Lindsay, of a daughter. st SY'S
LYTTON—On the 12th inst., at the British 1,11113 a
the Hon. Mrs. Lytton, of a daughter.
e
SCARSDALE—On the 13th inst., at Kedleston, D rbis

Lady Scarsdale, of a d ughter. 'Of
Marriages. t St. Juatcb°
NEWCOMBE-11DBIE -On 'the 13th inst., 3" r.,loo°' C'
Mildmay-grove, John Newcombe to Georg' J:%sq.'
second daughter of the late Goorgo Iluble' •':.l
York. t. rctte,o:
WATSON—BONYWOOD -On the 9th inst. at Sa SV'isotliP'
Eaton-square, Pimlico, the Rev. John 'V" Sir"
to Marion Grace, fourth daughter of
E. Houywood, Bart., of Evingtou-placol l'"11.
P4''
Deaths. lc GY°l
thel3th inst. at Brighton, Frederic
GTE—On
formerly M.P. for Cli'ipp h d 89' °et°
en atn, ag, , 'for
11 ' EBDE N —On the 13th • 'at Brighton,NJ' i'''
just.,
Hebden, Esq., aged 62. ' cf h:liirei
HAY—On the 12th in t B dSt ill
s., at rewoo , LAO
ic-
Hay, aged 64.
T Vil str
STRICK ' LAND— On the 13th in t John .., ()sex oil'
I.l'
Esq., of 11, Kensington-gate,s" the ~ll;~t©
Hyde-parl" rote,
" '
WOOLLEY—On the 13th just., at Westbrook, 1g.3
Woolley, Esq., aged 61.

_ _ f
----77 Of°
-- , ,01103 I?9'
London i Printed and P.iblished by Virtl4l,l.6'„-',,i:, 14°.1 Qi
of No. 112, Strand, Printer, M t"
TSB SUN ''''' 000-
Strand, in the Precinct of tho Se coy, JP
Iliddleaol.--Tuesday, February 16, 186