davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1869-10-21
FINANCIAL AND COMMERCIAL.
WEDNESDAY, Oct. 9O-eP. M.

WEDNESDAY, Oct 2O-eP.M.
1t win be gratifying TO the numerous CREDITORS OF
the Gold Exchange Bank to learn that the process OF
nqu,daton has progressed so Iar aa to osAoe the
receiver 30 pay twenty 1--we per cent OF all claims
which have been adjusted, and the following notice
has been accordingly issued:--
NEW YORE, Oct 20, 1859.
The undersigned hereby gives nui,e 10 al! credit
0rs eI the Gold Exchange Bank whose claims have
been adjusted that, aursuans 70 an order TINS Gay
obi aimed from the supreme COlrs giving express
authority 10 make such pas ments, he Is prepared 70
paw twenty-five per cent upon the amounts OF sucn
whose statements have been approved VIII please
hard them In without de,ay and upon verincatish
Of the same the tweatS-nve per een' pssayep wS
OUTSIDE Of the Vanderbilt stocks there was no
interruption to the dulness which seems 10 nave
sestled upen Wall street. The money warkes was
abaudantly suppl,ed at veto seven per cent accord
ing TO the standing OF borrowers ana the enaracter
of collaterals Frme commercial paper was quoted
at nine TO twelve per cent discount IA lhe ioreigh
Exchanges there was mere activity anG some OF the
nrime bankers advanced their rates quarter per
cent and al or them an eighth Per cent IL
seems that the large imports create an urgent
inquiry FOR bills, and although the produce
exports are large the bills drawn against
them are rapidly absorbed. Heretofore the
regular drawers had to compete with the offerings
Of bond bills as well as OF produce bills, but the
exports OF bonds have been light Of late, while
number OF coupons have arrived from Europe,
which, II not reinvested, must be covered by bulls OF
exchange. The gold market was extremely dull and
the price still stood at $50 130iS. The government
market was frm at the noon board Ia consequence
OF the proposal OF the government TO purchase two
millions OF bonds To-day, and the CTS sold quite
freely at 11sa. The offerings at the Sub Treasury
were large, however--o"er ss,ooo oo0o-that the
market became heavy and prices fell OF an eighth to
quarter per cent for the lead ing issues. The bonds
purchased by the government were in the lots and
The New York herald., 1869-10-21
HOUSES, ROOMS, &c, wANTKD.

NY ONE HAVING FIRST OR SECOND FLOOR ON
~ or near Broadway, and willing H. or . portion
OF IT. say cIso feet low for two three months may
-
The New York herald., 1869-10-21

Tbt Wheat market opened sleady with fair demand
closed heavy and lower under TO sell lots,
which placed low 81 IL Rl a delivered mime
samples being 81 81 % IN store The fayors bic tenor OF
the cable countesacted by hs high freight
(Which fully per bnsbe! bjabsr Than
they were two or three days ago and the 70 sell
lots Tne mostly Of car lots comprised about 1850 600
for Illinois wnter 81 80 for inferior choice rcd
and amber winter, delivered; 81 III "A in store
~ 55 for white WeseTn closing dull and Irregular
For prime No spring ~ 30 bid and VI 20 asked Corn
prices about the The eales we're about a0o0
and 81 ga " 10 for white apd yellow Ryp was quiet.
The New York herald., 1869-10-21
ANOTHER BROKEN RAIL.
Accident on the Virginia and Tennessee Rail-
road-Severnl Persons Injured.

From the Lynchburg (va.l Republican, Oct 1871
About six O'Clock yesterday morning the down
mail train of the Virginia and Tennessee Railroad
met with an accident, three-quarters OF mile west
OF Lisbon, which came near being attended with the
most tragic consequences. While the train was
moving along at its usual rapid speed, there being
no suspicion OF any danger impending the ladies'
aad the sleeping car were suddenly and violent
ly thrown from the track by the breaking OF rail
under the wheels OF the ladies' car. The accident
happened at time when the train was on the crest
OF a steep embankment One end OF the ladies' car
was thrown over the verge of the emoankment, but
make the perious descent. The sleeping car made
one revolution. Strange to say, though seven or
eight persons were more or less painfully and Sc
verely Druised serious injuries sustained by
any Of the passengers or railroad hands, The lamps
winch were buyning In the two were put out by
the concussop, leaving the dsordered scene In dark
The stove IN the ladies' car. being OF the
pateBte secured to the door and roof OF the car
did not slip from Its place and its doors did not
open, thus saving the terror-stricken passengers
from the possible additional distress and danger OF
IRE.
The following is list OF the persons whose bruises
are most considerable None OF these even, are
considered seriously hurt
Jonn Llggan, conductor Of the sleeping car bruised
about the face ana body.
Mrs. Beattie, Of Glade Spring, who was on her
way to Richmond.
Judge Biggs, OF North Carolina, who was return.
Ing home from the Louisville Convention.
The two damaged cars were left near the track
where the accident occurred. The passengers were
transferred to the other cars and the train reached
the city with only hall hours detention beyond
the schedule time.
The New York herald., 1869-10-21

The exports exclusive OF specie) from New York
to foreign ports for the week ending october 10 and
since the commencement OF the year, compare as
follows with those OF 1857 and 1885,
1867 1863. 1882
For the week. 4,355 743 $335l,454 $4,14o2I7
Prev reported 142 s0s, ,242 12a, 937 l5l,a785s3
The New York herald., 1869-10-21

AN INTERNAL MACHINE IN THE BosroN POST
OFFIcE.As Mr. 4. z. Cotting, mailing clerk in the
Post Ohice, was engaged In stamping letters
at seven O'Clock last evening something con-
tanned in one OF the letters exploded
with o loud report, the powder or other
matter burning bis right nand and wrist 20 badly as
to require dressing by physician. The envelope
was also badly torn by the explosion, so much so
that the name OF the party TO whom It addressed
was destroyed. Enough was left, however TO show
that II was directed TO Mrs. S., box 3sl Woonsocket
r. ]. Inc superscripton appeared to be In q lady's
hand writing, and II IN conjectured that Jealous
or reven9efu woman mad taken this method to mutt
late II not Kill tue object OF her hatred. The mur-
derous mssive was dropped into one OF the boxes
at the Post once between six anu seven O'Clock,
aud hopes are entertained that the guilty party will
be dlscovered.-Boston Herald, Oct. 20.
The New York herald., 1869-10-21

HARDWARE, CUTLERY, HOUSE FURNISHING AND
Builders Hardware Coouers Butrb.rs, BarL,,nitb,
street, New York. : ~
The New York herald., 1869-10-21
s.0sr AND FOUND.

400 1857 SETTER Doc, WHITE, WITH LIVER
~ spots had on hue leather collar Lost on fh a,s
n,,c Thry eighth street, sunday afternoon h se
Ia len hind kg. Please bring Il to +. VAN hANsTS
sape SS Walker street, where liberal reward WIN be paid
The New York herald., 1869-10-21

ACE SEVENTH AVENUE, NEAR THIRrY-FIFTH
fOO strce-Lades aud gentlemen will receive fun value
for CASTOR Clohing Carpets, &C., by calling address
ng Mr.. or Mrs. NATHAN.
The New York herald., 1869-10-21

A GREAT BARGAIN.--COUNTRY SEAT OR FARM, 20
n to 80 acres, in Cornwall depot; Newbure
me two story House and extension; new barn. all out
buildings three acre orchard all kinds of fuit high
churches schools. Owner viii show IL have six
hours and be back the same day; terms easy.
Z. ZEGLIO. 10 Centre street.
The New York herald., 1869-10-21
OF gold was a. follows:--

ine onon faciac Railroad earned during the first
h'eeh Gays IN October s42 o2a which are the largest
earnings Tor The same length OF time since the road
has been in operation.
Ihe record OF the stock market is the old one OF
activity and buoyancy in the Vanderbilt shares New
York Central having sold at ls Hudson River AZ I7s
and Harlem at 1895. Lake Shore was also favor.
lie IN tue afternoon dealings in the Long Room ana
many Of the 'shortsu were constrained INTO huv,ng
which put the price to a. The directors are q, bold
stated meeting at Cleveland on Friday next but
with wnat object Is not published. Meantime ther.
we're reports IN circulation to day that the comu,,ee
The New York herald., 1869-10-21
STREET QUOTATIONS..
Half.past Five c,C,ccL p. ~.
COMMERCIAL REPORT.


WEDNESDAY, Oct. a0-s T. n.
coffkE-A good trade demand prevailed for Rio at
eeas prices and sales were effected Of 1900 bags
Heinrich Aou 42o do er Caharine; as4s do er st. Ur.
sns, and in New Orleans sD0 do on private terms ohsr
knqs were quiet and heard OF no sales Prices how
ever, were steady At our last quotations. -"
CofIos continued In good demand from spinnsrs and
importers put with increased offerings prices reccded c
The sales wore 305s bales Of which wee for export
ess Tor spinning, 2sS on speculation aud ESQ Yrre
In transit For future delivery business was fair me
sales being az foows-OD bGes, basis low mfddinp for
October at Sbxc 30 do for November private tes sn
do average low miidllng for November At 2sc $50 dS
basis do for December part 25sc 100 door febrnnry
~ &c. 200 d. average dO for December 2Sc and 900
basis 10. for the delivery, b. a. sew Oreans on
prifsie terms. Annexed the closing quotations.
n.fsr
The New York herald., 1869-03-24

THE TENURE OF OFYIcE AcT.-Thc radical
ship, which was stranded by the election OF
Grant, is rapidly going TO pieces. The most
dangerous and destructive rock, as we long
ago warned the ill-fated vessel, is the Tenure
of Office act The radicals are in sore strait.
They cannot go ahead, and 1t is not probable
that Grant will allow them TO back out by any
manGuvre Of suspension. Already the rats
are leaving the doomed craft, as may be seen
in the withdrawal OF Senators Morton, Grimes
and Sprague from the caucus and their re-
fiisal to be bound by its action. Grant has
now an admirable opportunity to settle the
question as to whether he Is President or only
an appointment clerk to the Senate. If he re-
mains true to his record, firm, consistent and
just to his prerogatives and the rights of the
people he will win the day. But let us have
no four years suspension OF the obnoxious
enactment. Either the law is good one or it
is bad one. Ifit is good one II is just as
good for General Grant as any President to
come. Ifit is bad one, now that the neces-
sity which provoked It's enactment has passed.
away, let II be repealed.
The New York herald., 1869-03-24

PROFESSIONAL MANNERS. Some days ago a
city physician exposed some peccadilloes OF
the men about the Coroners' Office, and the
replies made are from two Of the Coroners'
doctors. One wanted to cowhide the exposing
physician, but did not and the other consoles
himself with the reflection that the name of the
adversary Of Coroner's ways is not in the
register Of respectable physicians" What is
the ''register Of respectable physicians ?"
Something they keep at the Corouars o1acea
The New York herald., 1869-03-24

FREE SoHooLs.-We believe In free schools
to the most liberal extent; but we sympathise
with those who object to certain studies in our
schools as not the most useful. Every one
does not want Latin and Greek. But this Is
nothing against those languages, or In favor If
driving them from our free schools. Leave
them for those who want them, and extend the
plan to take in the more strictly practical
studies. Teach architecture and the builders
art, surveying, engineering and 50 on. Civ,
public instruction In all the mechanic arts.
The New York herald., 1869-03-24

HONOR WHERE HONOR rs DUE--We have
beheld with a good deal of interest the efforts
which Senator Stockton is making in Congress
to prevent the telegraph monopolists from
fastening their chains upon the country. In
the matter Of the landing Of the French cable,
States left open to that enterprise, and offers
Of similar character, merit the appreciation of
the entire community, and more particularly Of
the commercial portion. We need another
cable to Europe, and must have it, and We
trust Senator Stockton will not pause in lis
laudable exertions until success has crowned
them with full fruition.
The New York herald., 1869-03-24

"'TIs SWEET TO HEAR THE WATCH Docs
HONEST BARK. Ben Butler is like one of
those. useful, if not comely, dogs so much
priced by the Western hunter and known as
''bear dog" He will lay hold Of anybody
or any thing, in season or out Of season, badger
or grizzly, Indian or skunk. Buffers latest
foray in the underbrush Of Congressional
thickets unearthed Schenck, of Ohio, who
came out snarling, but very reluctant to do
battle. s'Thrice is he armed whose cause is
just and the taunting audacity Of the
member from Essex was in strong contrast to
the surly reluctance of the usually beligerent
Schenck. Have it out at once, gentlemen,
and you will certainly amuse il you do not
benefit the country. Let us know exactly
what relation the honorable chairman Of the
Ways and Means Committee is to Sam Pike,
the great distiller, and how it is that only the
clauses Of important bills which are most
intended to enrich the revenue are accidentally
omitted in the enrolment. Not that We
imagine satisfactory explanation from the
honorable gentleman from Ohio would at all
squelch the inquisitve and irreverent Butler.
He would be sure to break out in fresh
place, and one Of these days he'll find some
thing.
The New York herald., 1869-03-24
Our Lighthouse System.

II is lamentable fact that the United
States, although far ahead of the rest
of the world in railways, telegraphs,
printing presses, sewing machines and
thousand and one appliances of modern
civilization, should be almost as far in the rear
in reference to its lighthouse system. One OF
the most urgent demands Of the reform which
we have often advocated in this system Is the
substitution of the electrical light for the oil
lamps which so dimly illuminate our extended
and dangerous coast The Fresnel lenses and
reHectors were indeed welcomed as vast I'm
provement when first introduced, but their
Intellectual fires pale utterly before the splendid
electrical light which is visible miles and
miles away, even during a fog, and which has
been SO successfully tested on the French
steamer the Vile de Paris. This electrical
light should at once be put in use In every
lighthouse along our coast, and particularly
in the harbor of New York. Shippers and in
surance companies are alike interested in the
speedy adoption Of the new and marvellous
light produced by electricity. II would be
well II the impulse which Admiral Porter has
already given to activity in the Navy Depart
ment were also to quicken activity In that
branch of the Treasury Department to which
the lighthouses directly belong. The change
which we recommend would then be promptly
made.
The New York herald., 1869-03-24

THE KNG's JEsTER.-In the good old times
Of the kings jester he was fellow of some
Importance; for frequently with timely joke
he brought laughter from the fellows Of royal
council board ready for a row. So il appears
the Senate caucus of Monday last was turned
from discord TO harmony among its fellows by
the Senator from Oregon rising in his place
and protesting that he was not fellow, nor
was be to be called fellow by any man. This
set the table in roar, and the Senator from
Oregon carried off the prize from all his fellows
Of the caucus, though not himself fellow.
The New York herald., 1869-03-24

ANNEXATION IN HAYr Admiral Hoif, of
our home squadron, reports to the government
that General Dominique, the rebel chief in the
south Of Hayti, asked for the Intervention of
the commander of the United States steamer
Yantc when Salnave was threatening to bonn
bard Aux Cages, on the ground that he had
written to Mr.. Seward proposing to annex
his end Of the island to the United States.
Now that Salnave has been defeated we sup
pose new efforts will be made to- push the
matter in Congress; for every temporary chief
in the West Indies begins TO believe that he
can do better under American rule than in
any other way.
The New York herald., 1869-03-24

TUE VOICE OF THE TURTLE Is HEARD IN
THE LASD.-De Bergh invokes the machinery
Of Justice to prevent the boring of the aippers
Of those edible reptiles that aldermen are sup
posed to love; and one Of his assistants makes
the same appeal to prevent the boring Of bears
noses. What shall prevent the boring Of the
public by De Bergh and his assistants?
The New York herald., 1869-03-24

ANOTHER GoNR.-The mate of the James
Foster, Jr., has also died Of the ship fever.
From cases like this OF the mate and tho
captain Of this ship our pious fathers argued
providential interference. IF the captains
of ships see In it that they may not with
impunity violate natural laws the teaching
will be sufficient.
The New York herald., 1869-03-24

SCHOOL DIsorPLINE.-It is said that one
thing against the Free Academy is the social
inequality. Poor mems sons are ruled o,t by
their pride, because there are SO many rich
mems sons who wear broadcloth and gold
watches. II would not be unrepublicaa in
spirit, and would have a Spartan flavor, II the
school discipline forbade gold watches and
required certain uniform dress that might be
within the reach Of ell.
The New York herald., 1869-03-24

asked Morton, Of Indiana, in the Senatorial
caucus the other day, why he did not
bring in his fellows and tell them what
to do, Senator Corbett, Of Oregon,
bounced to his feet and wished it un-
derstood that he was not fellow. ''The
Senator forgets, said the facctious Nye, shat
it's high honor TO be college fellow But
the Senator from Oregon could see no honor
in being fellow any how. AS for the Il. r. s.,
clearly, as Artemus Ward would have put ID,
she ain't one of them fellers"
The New York herald., 1869-03-24

THE SITUATION IN MExIoo.-By special cor
respondence from Mexico, dated in Monterey
on the 2Sth Of February, we are informed that
the entire country was wrapt in flame Of
revolutionary agitation. The people were dis
gusted with and sick Of Ne Cabinet plumbers
Of the Juarez party, the members of the gov
ernment and President looking merely to the
''spois, and caring little for the general
interest. Escobeio was doing the work Of
determination in Tamaulipas, and most of the
other States were considerably disturbed.
General Negrete had defeated portion of the
government troops, and 1t was considered that
others of them would join his standard.
Conductas were being plundered at all points.
Advices from Texas throw out the conjecture
that United States troops would soon invade
Mexico and leave IL open to inference that the
beginning of the end was not far distant.
The New York herald., 1869-03-24


General Grant wants second term; he
knows he can be reelected only by getting the
republican nomination, and the power of re-
moval during the last year or two Of his pres
ent term is his chief reliance for packing and
controlling the Republican Convention.
This is o copperhead view Of General
Grants policy. 1t covers, too, the old demo-
cratic game which smashed the party into
flinders under poor Pierce and Buchanan and
yet our copperhead Bourbons win learn moth
ing. They are firm in the fallacy that the
President with the spoils at his command can
buy another term as President, and that herein
lie all the objections of General Grant to this
Tenure of Office law. We presume, however,
Haunting these views of the Manhattan ring
before the public will consent to the reported
compromise as agreed on by the republican
majority of the Senate, because it still denies
to the President decisive voice in the matter
of removals from Office; so the Senate may
still checkmate him if they catch him sspacking
the Republican Convention" of 1872. But dis
missing this absurdity In regard to General
Grant, the question recurs, why is the Senate
SO tenacious of this appellate jurisdiction
over removals from Office? There may be
few Presidential candidates among the con-
script fathers who desire to retain check
upon General Grant as dangerous rival, but
we apprehend that the Influences operating
upon the radical majority in behalf Of this
proposed compromise have very little to do
with the Presidential succession.
General Grant contemplates q searching
diagnosis of retrenchment and reform. He is
evidently in earnest in this business. But the
Affiliations of the whiskey rings, the tobacco
rings, the various other internal revenue
rings, the Custom House rings, and the
Indian treaty and railway land and bond
specializing rings and their mercenaries Of the
lobby, encompass the President on every side.
This powerful coalition of Treasury leeches
have their allies in Office, who have, we fear,
their friends in the Senate, and if so General
Grant must be careful in treading on the toes
of these favorites, or the Senate may check
him in his mad career. Here we suspect, at
all events, may be found the solution Of this
proposed compromise. Where hundreds of
millions of money in lobby jobs and whiskey
frauds, &C., are at stake retrenchment and re-
form must not go too fast or too far, for, after
all, what is the government to the powers that
be without the spoils9
Of the law in controversy we still trust that
General Grant will insist upon an absolute re-
peal. Fresh from the people, with the House
of Representatives, he directly represents the
will of the people. Only one-third of the
Senate represent directly the elections of 1868.
The other two-thirds, excepting reconstruction,
were elected upon other issues. The House
therefore should not yield to the Senate upon
this ofice-holders' law, but hold fast to the
ultimatum of the administration.
The New York herald., 1869-03-24

THE IRISH CHURCH BnL.-The debate in
the House of Commons on the Irish Church
bill concluded with a speech by Mr.. Glad
stone, and the division on a motion that the
bill should be read second time resulted in o
triumphant majority Of one hundred and
eighteen for the liberal government. This
result is an earnest of the final triumph of the
measure
The New York herald., 1869-03-24
ADJUSTMENTS THIS EVENING.

BROADWAY THEATRE Broadway-LroNEss OF THE
NORTH Two CAN PLAY AT THAT GAM
The New York herald., 1869-03-24

wALLAoKs THEATRE. Broadway and 18th street.
The New York herald., 1869-03-24

NIBLO,s GARDEN. Broadway.-THK BURLEsoUE Ex-
TrAyAGAszA OF THE FORTY THIEVES.
The Union and journal., 1869-01-08
The National Life Insurance Company o.
Il the United Stsfes or Auertca.

An insurance company, authorized to tran-
ssct business in any part Of the Union, was
chartered by special act Of Congress, in July
last, and has begun active work In this and
other States. The new company has some es-
pechlly noticeable features and facts to COM
mend II to popular attention. One Of these Is
Its paid-up capital Of one million dollars, which
provides amply for all liabilities that may arise.
The list Of managers Of the Company includes
G. II. Clark, as President, Jay Cooke, Chair
man Of Finance Committee, and others whose
names are too high in national renown as up
right and successful business men, TO risk their
regulations in any doubtful enterprise. But,
aside from these prominent facts, are several
novel methods Of insurance, first introduced
by this Company, which have shown themselves
to be very popular. Under the "Income-Pro-
ducing" plan, young man may prov idc for q
yearly income after term Of years, which may
support him or his family In comfort, however
he may have failed In his business anticipations.
Another plan proviees that by the payment
Of q slightly increased yearly premium, the
Company will repay to the heirs Of the insured
oil the money which has been paid in premiums,
In addition TO the amount for which he was In
sured, thus giving the insurance for no more
than the interest upon the premiums. by this
plan, if n person insures for SIC, 900, and has
paid SO 500 in premiums, his heirs will obtain
81, 800 ut his death. Another special feature
Of the National Life Is that Il insures females at
the same rate as males. by its charter, its
policies are all non-feitable, and are also ex-
empt from attachment, although they may DO
negotiated like other property. These and other
spccialities of the new Company will be explain
ed at length by the Company's agents who
arc ADVERTISED elsewhere in this paper. We
see every reason to anticipate an immense busi-
ness for the new Company, starting under
such extremely favorable auspices.