davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1869-03-22

Wheat was da ard lower though sales Of No. Mllwau
we're only 'es RSD
at 81 a for No. spring store 81 81 81 So for small
e sor wsa ipras 81
cSs was & se @ b more M s ed m,sd so osns he'd
ec Sc FOR mixed Western, ssc. for Southern white
quiet al about yesterdays prices the sales being limited to
s0ou s. 90 bushels al :sc 7sc store, .aoaI
was quiet, sales soQ bushels German at SO o. Barley malt
GussiEs-we heard Of further sales. Prices were
l6s4c- lie for bags, and aoSc. Gle. for cloth.
Price. were hesvy and lower bns @ y r
&c 81 10 for retail lots, 81 u 10 for long straw and
Hora The Demand gh. bu, prices remained steady
steady lie sold fer Manila. &c. for Jase
MoLAssEs The dur, .here.beng bu, tle de-
mand and prices remained heavy yesterdays quotations
SAvAL sToasG Receipts. q Dbl. spirits ,urpentins and
a. SAGE. &c. and heard OF sales of sgndcsnce
Rcs was II active demand 4, sna a. q prices pr.
:,aSsd a ko ts so so % sra9sa soes e. s t
~ % 81 "; no l. SSa ~ so pale. ss S5 90, and
q 80 Sb. we're apos.s efa q %
boil 4 10 onnrsa s - ! dsmsna s and urn the sales
yste lard was seaey at 81 % for prime winter Other
Ss .Ai raea Crude wa. in
better demand and with offerings the market 6rmer
10 Improved aemsSd su, The business was Light owasso .Ss
increased hrmness OF holders, the market closing ~
sc and 5000 10 from April 10 June a 900 each month";
c Philadelphia the market was cniy moderately active
& &Sn a 5r Mach q s.sS 20 s ssnss % s Shs y, a.
u.s. oc do or April and Nay Al s2sc, and 60 do. FOR
isa sDl. pork 50 az beef z.
business In pork very light there being scarcely any
esa u 80 asass c. sse III I
nss mes Is sl % ioT old do and ss for western prime
NOS were aa asd heavy closing at lsc isc for West
lltEc With arrivals o. e7s bead Beef was dun and un.
changed The saes 100 bbs AZ ali
u a for prn. ao esss msss ssei ses
Txp "a for India DO. hams were steadv AZ s1s !.
i mtn,n ,ne rsnse q these prices 100 obis sold
About l20 packages disposed of AT axe s xc
for dry sasd and picked shoulders &C. Tor 10 ana
lsxc lie for picke hams bacon negected but NJ
obtanabe except al fA prices Cunbcris AMI cut Issc
short b, lsc i7c and long and shor, IL r ike
The lard market quiet and heavy the being lin
kettle rendered. including SOY uerces May delivery N
Eysc. lgc., sellers option. "
kIcr--csro na wa. quiet ai sAc &c for common
SYrD3Of nnsced there were further sales OF Ion bars
et Herald in Bo.on az t2 a gold duty paid. Grass
limcihy and a 70 . 20 81 for rough daI - ~
sTHARrNr was slow OF sale but steady 10 value.
snail lots were sold a. lsc sskc In hhds and ercss
The market arrner while prices advanced Hc
at i2c for fair 10 good rehnug Cubs. The saie
wsrs 500 hhss ra =, Ii';c ,asc for cae, and ls5e
FOR refined there brisk demand and decidedly hIgSs
prices current, hard selling al l6c l7c, soft white
l5sc i6c, yellow al Hc. 'lc. and EXTRA At b'sc.
l55c
TALLow IN moderate request at steady prices til
safes being 90 900 bs. at II be. lftsc.
moderately sc,ve but prices remained steady sales II
Dds ct sSc., iaI paid.
The New York herald., 1869-03-22
PUBLIC GAMING IN NEW ORLEANS.

From the New orleans Crescent March 1871
For the first time IN many years gambling, sane
toned by legal authority, was last evening to b0
seen in New Orleans for at so ST. Charles street..
between Gravier and Union, was tnen thrown Oper3
the public the first licensed gambling saloon proc
vided Tor In recent enactment by the State LeglsS
lature.
Approaching the spot last evening we saw auita
O number OF people standing on the adjoining sides
walk. down upon which shone the light Of q bright
lamp, Illuminating the figures s.59.y The
bysanders aud passersby now and them
pushed open the green baze doors to peen
In at the great crowd which had gathered Within
Entering, one saw motley assemblage, most OF
them playing many only looking on. The room Il
not large. The walls handsomely paperedvj
handsome chandeliers pendent from the ceilinz1
with Its glitterng array OF many hued glasses anI
ornaments attracts the visitors attention. There
are courteous and sleek colored men In waitingx
And the crowd-what q heterogeneous gathering il
was-men with mugs SCARED by victsstudes and
conflicts innumerable men with quiet, genilemanlH
mien; respectable men and roughs, men who dread
q glance from the police, men who can look any,
body In the eye-all were there. some betting, some
wondering whether tney should bet or not and sons
firmly resolved not TO bet at all. There Is q rondd
table nearest the door. 1t Is large as q billiard
table, and around II alone were crowded two
or three score or players. Then there Il =
roulette table, faro table, and two or three
other tables, all Interesting evidently to tho
players, who swarm about them, making locomotiod
about the apartment any thing but easy. Everything
was quiet and orderly. however, although police7
men we're visible. The superintendent states thai
he will hereafter put special ocer ON duty for the
lions OF similar character to he shortly openedt
learn.
The New York herald., 1869-03-22

dious observers has either been kebt a. 3 precious
secret never 70 be divuged has died with its pos
sessor and gone down to oblivion with the lost arts
o. other days fact little or no reliable data or re-
suits Of former years have been collected or pre-
served for our benefit or guidance. We can hardly
statistics OF dozen ofsour largest companies for
the past fifteen or twenty years. II Is one OF the
objects OF this board to gather in permanent
teymining tine actual cost OF fire insurance
IN tins country; and 1t Is believed that an encour
aging aging advance has been made In the past year,
during which time we have circulated from our
ONCE over 40, 900 documents OF various kinds and
mas sent more than 1000 letters, all OF which nave
tended more or less. 10 the education OF under
writers throughout the country The proceedings
OF this board and Its various committees have been
freely circulated, and vast amount OF practical re-
suits have been obtained thererom The first great
object has been to awaken an interest In the pusi
ness as one requiring skill and abilities OF tine irst
order, and create IN the minds OF It's managers
higher self-respect and regard for others aud dis
interested endeavOr on the part OF all to strive for
the good OF common interests and increased ntelt
gence In their management
On the subject OF rates much has been said and
done, and no small degree or friction created by The
advance which has been made as d matter Of self
preservation On this point the public have Judged
US from partial view Of the facts and necessities
that demanded such advance and have, in many cases
been too ready to condemn what they should have APP
proved. No sane business man Will say that insu-
rance capital entitled to only such legal interest
as 1t would earn In the hands OF It's owners ndiyid
ually and without extraordinary risk. Assuming
seven per cent the highest interest capital i'll ndi
yidual hands Will command. all win be quite ready
to admit that it should command at least double
that amount when subject to the too well KNOWN
hazards OF the business of fire insurance. II four
teen per cent be regarded too high rate OF interest
on capital liable az any time to be- swept entirely
away, as In 1885 and lS45, or partially aa in the
great fires which have since devastated our large
promise on twelve per cent and see how Tar below
that figure the average dividends have fallen.
By the tables OF the New York Insurance Depart
ment from 1869 to the present tme we lind Tor nine
consecutive wears tile following result
The New York herald., 1869-03-22
MARRIED IN FUN BUT welded IN EARNEST.

The Montpelier Vt) Journal saws that, not q
thousand miles from White River Junction serto1
comic affair occurred which made the parties to tho
joke laugh out OF the other side OF their mouths. 4
correspondent, VINO describes the affair." says:-S
"ihey have got up the funniest snarl across the
river that you ever heard Of At party last weesa
at one IS, after exhaustng the ordinary games ~
aud wanting something new, NOOK marriages wer&
proposed. Accordingly names were drawn by lotA
and four couples stood up to be msrried
The ceremony was performed and the&
duly pronounced man ami wife, by tue
laws OF the state and before these wiz
nesses.' Afterward they ascertainad the man ofl-
ciatng was justice Of the peace. and the partIen
were legally married. They arc In the greatesk
alarm about II that ever was One Of thcm Profess06
-, OF T. seminary expects lacy up from
below In about a fortnight to marry him. and ncari7
every one involved y expecting to be married righJ
away; one other gentleman to Q lady below and
they feel Ike DEATH They nave searched all the laW
books and consulted authorities far and near an1
everything only proves the knot still tighter Tna
Justice mas been lined hfty dollars for each coupled
ne says ne u from another county and cannot dd
business here, ana supposed the marriages not TO ~
legal II Is certainly funny scrape. and made s,ili
iunner by the fact that all the parties belong 60 tire
upper ten.n The best opinion Is that the are a.
gally married, and Can only De divorced BY the To-
glsiatufo. = -
The New York herald., 1869-03-22
MARINE TRANSFERS.

The following is statement OF the marine trans
fers at this port from the 18th 10 tho 10th inst,
ipclusive:--
March ls-schooner Palma, Jos TONS oneicighth,
SZOD0
March is-steamer Key west sls tons. six thirty
March is--steatner Key West, ois tons, one. six.
teentn. 81 GOO.
March Is-schooner Palma, aos tons. ninc.six.
teentns, $3.50.
March is-schooner Palma, so5 tons, onc.six.ecnth,
$1,000
March Is -sioop Emerald, tonnage not given,
$1,000
March 1s--steamship valley city. sls slloo
tons, $4,000.
March ls-Propelicr Edward Bech, ias a,.Ioo
tons $3.50
March ls-Bargc Westminster, ise 521oo tons.
$1,000. AM
March is-Rsrge silver Cloud, 22s eoioo tons.
f2250.
March ie-Schooncr 6rglg America, 81 Ss-loo
tons, ehail 81, go.
March 2o<schooner O. L. Taylor. 800 soIoo tons
81
March Sloop Josephine. 10 tons. one halI ssoo.
The New York herald., 1869-03-22
COMMERCIAL REPORT.

SATURDAY, March 20-6P n.
Asurs-Receipts nome. Pots In moderate demand
and steady al 81 IS 81 s59 Pearls dull and prices
nominal in the absence OF sales.
CoFrEHRo duh and heavy at yesterdays quotations.
while other kinds dull and nominal. We no
sales Of moment.
corToH.The market fairly active, the demand being
chiefly from exporters but there considerable eguary
in prices The sales amounted to 1914 bales ncudng IS
srve Of which Lees taken by exporters s0 by spin
AS BY speculaors For future delivery the business
h Sales 201 bales low niddling March, at 2sc
and leo do for the half pr the price, We
ouu
The New York herald., 1869-03-22
S2l.Oa5.62s
Total. .$224,4 ,4l3,4l3

showing decrease in percentage Of average
dividends from 14.25 per cent III 1853, to 676
per cent IN 1886, the year OF the organization Of
THIS Board, and SAC per cent for 1867, the irst
year Of Its efficient working, and general
average for the entire nine years OF only 9,40 per
cent, figure far below the compromise percentage
named above. 1t should be borne IN mind that the
capital herein invested would have earned at least
nine per cent for the last five years, II invested in
government aecuritles, without dollars risk. But
at the minimum legal interest Of seven per cent the
earnings OF the business as such, has been only 240
per cent legal interest; to say nothing Of the
capital that has been wholly sunk during these nine
years. The amount OF capital actually swallowed up
by disasters during that time VIII more than equal
one per cent Of this sum, leaving less than and
half per cent profits OF the business irrespective
OF earnings of capital Low as this average Is for the
years. the average for 1866 fell 64 per cent be-
low It, or 24-l0o below legal interest at seven per
cent, and that TOO, with an alarming impairment or
capital itself.
In addition to these facts. 1t was found that white
the amount Of premiums in 1866 was nearly three
times larger than in 1859 the losses OF that year had
increased 10 a figure nearly five times larger. and
that the percentage OF losses on net premiums had
increased 42o7 per cent in 1859 TO 7i3s per cent
IN 1855, us WIN be seen from the following tablet
The New York herald., 1869-03-22
FINANCIAL AND CONNER GAL.
SUNDAY, March q, 1869,

SUNDAY March 21, 1869.
There is lively apprehension in financial circles
m 10 the course OF the money market for the period
10 the first week In the ensuing month. Ordinarily,
IL would be necessary to calculate only TO the LIST
7 proximo but the experience has been so often re-
peaied OF continued strngency for many days be-
yond the allotted or expected time that engagements
are now made declined with reference TO this fact
Last year the activity OF money continued whole
month while In more recent Instance, in the period
succeeding the last quarterly statement, nearly ten
days ELAPSED before the money was returned 70 tho
hanks and circulation in sufficient quantities
20 reduce the rate or Interest on call loans 10
the usual figure. The extent OF the stringency
which is looked for at the close OF the present
month is vanousy canvassed. Indeed, the subject
has divided the street Into two sets OF thinkers who
until within few days were very evenly divided.
Latterly however, those who predict unusual acti-
witty have suddenly grown into o large majority. as
witnessed in decided "bear" attack upon stocks
on Saturday. Last year the crisis was precpitated
in the middle OF March, when commissions as high
as oneeighth and one-fourth OF one per cent per
day were paid in addition TO the legal rate OF inter-
est and continued with little abatement until the
second week In April Besides the preparation
for the quarterly statement by the banks at that
time the money market was subjected to the
nggravating influences OF the immense "drop"
IN Atlantic MAIL derioraizlng as It did all classes Of
lenders and the litigation between the Erie aud New
York Central rival operators Thus far in the pre-
sent year the activity has not created greater de-
mand than that which could be satisfied by the pay
ment OF coin interest. There is still wide margin
or time within which theimarket may nuctuate to the
extreme Of stringency, and the "bears" shake their
heads and say that such Is its undoubted destiny.
The lst Of April is the great settling day" or the
country, not only for past engagements but for the
contraction or new The thousands Of Industrial
enterprises in New England which have lain ipopera
tive through the winter, the resumption or rather the
full development Of the mining interests OF the Mid
die States. and the great agricultural element ali
require money at this time OF the year. The renux
comes to New York with the middle Of April. lasting
throughout the summer or until the demand comes
from the West and the South for the movement OF
the grain and cotton crops. The condition OF the
banks for the corresponding periods ls6s and 1869
IN a
The New York herald., 1869-03-22

Excess over legal reserve in 1s6s..... sl3s54,370
Excess over legal reserve IN 1852 IL, 42i60S
The banks are, therefore, poorer by over
S4,000o0o in legal tenders ana specie than they were
last year, while the items Of loans is sl6o0, 900
greater, and tnat of deposits s,,5oo,ooo less.
The weekly statement OF the associated banks was
so much more favorable than expected that 1t took
the street completely by surprise 1t was supposed
that the conservative policy which these institutions
have been pursuing since the passage OF the law
abolishing quarterly statements, together with the
large demand from the country banks for currency
would result IN an exhibit OF decrease In the item
Of loans and legal tenders reduction the item OF
specie was expected as a sequence OF the heavy i'm
ports OF the week; but there correlative increase
instead OF decrease the item OF deposits which Is
also unaccountabe, If not puzzling. The deductions
from the statement that the shipments or currency
from the South have largely exceeded the shipments
Of currency to the Northern country banks. The
South, il should be remembered, has few banks, so
that the iow of currency from that direction would
receive no perceptble check from the general dis
position which has been manifested to make ready
against the statement which the Comptroller may on
any day call for. The statement however is only
favorable By comparison with what was expected
The loss OF legal reserve, 1t viii be perceived, is
httle over sI,00O,000 The totals OF the last two
pka arag a a
The New York herald., 1869-03-22

Governments In London touched 81 on Friday, the
highest point they have ever reached. The advance
TO this point was expected on Thursday by our
varousy estimated at from $40 900 to ooo
The market closed heavy. however, in consequence
Of the reaction succeeding this demand and the In
ability OF the foreign bankers to probably place the
exchange made against the purchased bonds, while
the dealers who had sold TO them were willing TO
allow prices TO settle in order to lay In new
stocks at lower figures. While the '62s still con-
tinue to lead the list, and are the highest priced
the effect OF the passage OF the Public Credit bin has
been to divert foreign attention and investment to
the other issues which expected 10 be admitted
TO the call at the boards In London and Frank.
fort The ls57s became fagorite for Shipment, and
OF the millions purchased as above stated a large
proportion was OF this date. The closing prices on
Saturday were as folows:-Unlted states sizes
1881, registered, 116i& l1GH; do, coupon, llsh
1l6S do, iye-twe1ties, registered, l135s ia: do
coupon, ls62, 11s1 1i9; do, 1894, I1s7S a 49,
do. 1865 -1ie1i III; do, new, 1885, 1l3A IlsH;
do, 1857, 113H 1ls1.; do 1868, 1l31s ll3IS; d.
ten-foriies registered, 1861 1867; do, coupon,
1885, 1o5tS; currency bonds, 1897 a 1031.
Gold was subjected 20 the effect OF distractlng
rumors ia the early portion OF the week, but
became comparatively steady at the close. Quite
"squeeze' was contrived when the foreign hank.
ers came 20 deliver the god which they had
sold speculaayely against the bonds bought for ex-
port and as high as y was paid for borrowing
daring the Crisis OF this demand The range OF
price during the week WAS ag folloya
The New York herald., 1869-03-22

FREiGaTs.-the market quiet. but rates gener
ally unchanged The charering business remained dull The
engagements werero Liverpool steamer 900 bales
coon Id 200 terces lard lbs ~ DO. beef,
TO renen pcseamer 300 bhls shoe at 2s 80 bales
cotton al for compressed, and 400 boxes
The charters British brig direct Jersey with O0
quarters grain at IS. 4d British bark direct port
Italian brig with o b0 petroleum. 70 Gibraltar for orders,
S., American Drig from the Satia the
Canary Islands, 100000 feet lumber on private terms
FLOUR AND GgAfSReceipts37s9 7s9 bbls. four 800 do
2s37 bags meal 320J bushels wheat ~ 5al do.
so5 do oats and IS DO The iour market still duh
and prices were almost nominal There almost
mand for either shipment consumption. California
dull and nominal The sales about 800 bbs. Southern
hour IN light demand and easier Sales Us bbls
-four was dul and unchanged Sales 25 bbls Corn meal
The New York herald., 1869-03-22

TIE MAINE Con FfsHERMEN.-Thcre is cous,0es.
able activity at this time along our wnarycs wherS
nsnermen usually get their outfits for o cruise e
There are fishermen now getting ready for -
nsning banks tnan generally for this season. and 4
greater Interest than heretofore u manifested in
Muine nshermen Tor o trip to the Grand banks
Which have not previously been much asught ns
.neni. Ihe number preparing for the Georges il s6
,nc same time not decreased. Argus
The New York herald., 1869-03-22

despatch March 16) 10 the Mempnis lpls0i sa -
ne poaIa o. commissioners under the present rail-
roau re- M law composed OF Governor Clayton secretarv
ol Statc white and u. Thomas, awarded Aid to.dav
70 .ne Following roads-Cairo and Fulton, Pine Hin
ana an Eunice; Arkansas and Midland, ninety miles of
snc Mempns anu Little Rock ttl00 900 per mile Mis-
oi e6v miles allowed BY law. The Fort smith road
y neld IN abeyance. Most Of the above roads are r.
The New York herald., 1869-03-22

eights, So 81; Alabama eights, 90 90; DO. nves,
81 6s do skies. sterling, %; S0uth Carolina SKIES,
II "; do, new 70 II; do registered stock' o.
o5; City OF Memphis skies, 6lH SO; do. Atianta
eghts, so So: do. Savannah sevens, o. 93 do.
New Orleans consols. rs so; do do. issued TO raf-
roads. 0s 20; Mobile and Ohio sterling, 6s q 10; do
eghts, 81 a 60; Mississippi Central Railroad, nrst
mortgage, II a ~; do, second mortgage. % 90;
Memphis and Charleston, first mortgage, So a 90;
do. second mortgage, 70 ~; do. stock, a. .
As; Greenvillc and Columbia Railroad, guaranteed.
56a5S.
The earnings Of the Marietta and Cincinnati Rail-
road for the second week IN March compare as fol-
lows
1869 500 238
lSoe. 2l,o79
Annexed Is q comparative statement showing the
shipments OF specie from this port last week and
during the year to date together with those for the
corresponding periods in 1867
Twelfth week k.......... $275,502 s1S1,33o
Previously reported..... ls,ss2,a22 7,25s532
Total. .................s s14,1 67,724 $7,439, s6A
The exports OF specie from New York to date in
the previous sixteen years compare as follows:--
1857 80. So 06s, ,6o3 IS59...... 80. s74s0569
lSo6.......... 6,36i, ,S04 1858. g.214,94
1S65..... 4,392,626 1857 4,763l67
1868. ........... l4oed.lss 1s55......... 45l5 o67
1882. 2............ S0s5,S32 1854. 3,665,4S9
1851. .sss 1,474434 1858. ......... 2459,17S
IS60. 3,506,696 1852. 1885,, ,495
Subjoined Is the total valuation OF foreign imports
at the port OF New York for the week ending
March 1s. compared with the previous week.
March IL. March 49,
Dry goods ............$ So, ,036,G S26la,0i6
General merchandise. 3,9S5,00l 3,627,3 1861
Total for week. .$7,o2l, sos $6.24o.4o7
The imports Of dry goods for the week and since
January l. 1862 compare with the corresponding Pc
riods in the two preceding years as folows:-
For the ,reei. 1861. 1868 1869.
Entered at port. $25l7,763 $l,56s,530 $2619046
Thrown on market. 2,631,359 I,S7S,059 2934,744
Since Jan. l.
Entered at port oil $50 1031S 296 16025 106
Thrown on market 32,3l4,9l2 90, O,ll67i0 25SOg,3l7