The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-10


met At any yesterday, and declared the usual
four or cent semiannual dividend, payable on the
2lst I st.
Il leases Of the Peck slip and Grand street fer
r es, TWO Of the five ferries connecting this city
Ia William sburg, were sold at auction yesterday
at TIE City Hall. The leases have ten years to run
from LIST Of May next, and sold for $2l $50 and
$500 per annum respectively Messrs. LOTUS
Wood, John ODonahue and Isaac V. Meserole
were the successful bidders. The prices paid for
hese leases are regarded as exorbtanty high, and
corresponding advance in fares is likely to be the
result.
The Police Commissioners met yesterday aud
suspended the pay of policeman Riley for twenty
Gays on charge of intoxication. The designations
OF Wm Davis and Robt. Stevenson were received.
Sergeant Williams was transferred from the de-
TITLED squad to the courts to the Fourth precinct;
Sergeant Johns to Williams former place, and
Sergeant Seaman from the Fourth precinct to the
Broadway SQUAD. After the transaction of this
momentous business the Board is said to have ad-
ourned for one week.
The Aloermanic Committee on Streets held their
final mee ting yesterday in relation to the proposed
removal Of he telegraph poles from the streets.
mmunication from s. F. Armstrong, stating that
in 1855 he offered to lay down subterranean tele-
graph lines o. the American Telegraph Company
was read ald another from the same party was
also read, conta ming a statement made by Mr.
Charles T. Bright the chief electrician of the At
lantic Telegraph Company, to the effect that there
are s2l miles of underground telegraph in England
Al present and that in this S2l miles there are 634S
miles OF telegraph wire. The line from Dublin to
London. according to the same authority is go
niles in length, and has been in operation for the
last ten years. Tai. P. Schafner was present, and
reiterated most Of his former arguments against
subterrai can telegraphing. which he pronounced
an impossiblity He finished by submitting his
opinions in writing to the committee Mr.. Wood,
of the Union American Company, stated that the
company with which he is connected have recently
been obliged to remove their lines from the tunnel
of the Harlem Railroad, owing to the dampness OF
it, which endered telegraphing next to impossible
The difficulties he said, would be still greater were
the wires under ground The committee then final
Iy adjourned the subject.
The Committee on Streets of the Board of Alder
men, at their meeting yesterday, heard parties on
the subject of improving the Russ pavement in
Broadway. Messrs. Blake and Woodruff offered to
break the pavement and run conical grooves
thror GA for 81 20 per square yard and they would
require two summers to complete the work. They
submitted drawings illustrative of their plans A
S. Swagner said that Belgian pavement would be
best suited to Broadway. and proposed to pave it
with Belgian pavement for 50 80 or So per square
yard. He thought any attempt to improve the pre-
sent pavement would be labor in vain. He stated
that the Belgian pavement has been recently
adopted in st. Petersburg. London, and other Euro
pean cities in preference to any other. The Com.
mittee ascertaining that no one else desired to be
heard upon the subject, adjourned.
The special committee of the Board of Council
men appointed to consider the subject of alleged
fraudulent practices of coal dealers in weighing
coal, met yesterday in reference to the matter.
Alfred Barber appeared before them and said that
many parties complain that they are continually
cheated by coal dealers, who sometimes sell them
no more than seventeen hundred or eighteen hum
dred pounds of coal when they pay for ton He
spoke of coal cart that is used in Philadelphia
and New Orleans, which, at all times, shows the
AMOUNT of anything it contains, by means of bal
on which the box of it rests. 1t is called the
100000 annually are paid to coal dealers more
han they are entitled to by coal consumers. The
inventor Of the cart was also present and submitted
\ specimen of his invention to the committee, and
exhibited its susceptibility to pressure or weight
n various ways, to the satisfaction of those by
whom it was examined. The committee said they
would consider the subject further and perhaps
lold another meeting.
A lecture was deliveredlas evening in the Cooper
Institute by DIR. NJ. Eyre Foy, on "the diseases
Of air passages and their treatment" in which
he reviewed the case of the late Mr.. Whitney, and
took Dr. Green's position, advocating the use of
nitrate of silver and the probang. sketch of the
discourse will be found in another column.
The receipts of beef cattle during the past week
amounted to 1904 head an increase of SIC head
over the receipts of the week previous. The album
dant supply, combined with the bad weather.
caused decline in prices of half a cent per pound
on all descriptions. The stock offered was, more
over, of a better quality than usual. Cows and
calves were in moderate demand at $50 $780,
Veal calves sold quick at 4lc. &C., according to
quality. The supply of sheep and lambs was limit
ed, and prices advanced Csc. a soc. per head, the
range being SO $40 each. Swine also advanced in
price, the best corn fed selling for 7Ac.
The cotton market unsettled yesterday with sales
Of about 300 bales, which insufficient to afford any
correct criterion Of prices Larger sales reported
which, however, could not fully trace The business
was simply confined to mddlng and the lower grades
Fine cotons continued scarce and holders were not dis
posed 10 make any abatement in their views Most of the
shipments route for Northern ports are on account of
manufacturers little is reshipped hence 10 Eu-
rope. Flour again easier for medium and common
grades but active at the concession. Wheat was
unchanged, and GALES limited Corn WAS firmly held
which tended to check sales, while prices unchanged
Pork less buoyant but in good demand both for i'm
mediate and future delivery, At prices given in another
column. Sugars steady but owing to the inclemen
cy Of the weather and bad condition Of the streets the
sales were confined to 800 hhds New Orleans at Ike
askc., with small lot Of boxes in bond at and about
500 COO boxes besides reported private terms
Coffee was quiet Freight engagements were moderate,
while rates were steady.
mr. v.sr