davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1870-06-18
FINANCIAL and COMMERCIAL.

WALL STREET. |
FRIDAY, June l7--0 r. NJ.
Wall street continues quiet. The operators who
expected an active market as the sequence OF
THE PASSAGE or THE CURRENCY BILL
have been disappointed The outside public are now
waiting to see what the Senate Will do with the Dill.
The reports to-day are that Western and south
ern Senators favor it, but that the Finance Commit
tee are opposed to it. Meantime Wall street Is In
muddle as TO the remote effect Of the bill. No one Is
clear as 10 whether 10 means contraction or expan.
sion. The next step that should be taken with he
bill is 10 amend II as to declare how the three per
cent certificates shall be redeemed. On this point Is
Ia not explicit. secretary Boutwell, has currency
balance at present OF twenty millions. He could,
were he so disposed, make that balance forty-fve
millions and redeem the three per cents without
avaling himself OF the privilege given him by an
old law to issue greenbacks for the redemption OF
the certificates. In suffering this important point to
60 without attention the trainers OF the bill have
shown an ignorance OF financial matters which is on
par with all the finance tnkering OF the wiseacres
In Congress- 1t is TO be hoped the Senate Is beyond
the control OF the national bank ring, and that this
and every measure increasing national bank iaclli-
ties on The present plan will be defeated.
GOLD LOWER.
The gold market weakened under the intelligence
OF the defeat OF the Banks Cuban resolution, ana
the price declined from 1877 TO l12A. Here the
spectators for decline who had been expecting
still lower market, suddenly suspended their opera
tions in consequence OF the peremptory counter
manding Of European orders to ship grain. IT,
seems that England and France which have been
visited with a severe drought, that threatened
very short crops were treated 10 extensive showers
all last night, the effect OF which has been
the transmission .of cable dispatches to-day
suspendng the unlimited orders to our produce mer
chants to send all the grain within their reach
We doubt however whether this will more than
temporarily arrest the fall Of gold for the normal IN
fuences at work upon the market are too powerful
to be overcome. AS it was gold ran back to 13, but
closed finally at ll27S. The course OF the market Is
shown In the tablet
The New York herald., 1870-06-18


The stock market was weak and dull at the OPEN
ing. Alter the morning call New York Central broke
to 9Ss upon the report that the 1are Chicago had
been reduced 10 fifteen dollars and the general tariff
In proportion The general list sharply declined in
sympathy and prices went down half to one and
q half per cent. Later In the day Lake Shore led
rally, which carried prices for most OF the list back
to the former standard the Central shares being the
most dlatory IN this return movement. The move.
ment in Lake Shore is simply "nyer" on the part
Of the Erie clique and well known heavy operator.
The Vanderbilt party are not regarded as
being concerned in 1t. The movement in
Erie MADE more progress to-day, and on light deal
ings the stock from 23a1 to 25N. In the mscel
laneous shares Western Union was strong and active
and rose to 3o1S. The rest Of the market was with
out new feature Pacific Mail was steady, consider.
ing the anxiety among the stockholders to the
safety OF the Henry Chauncey now overdue seven
days. 1t VIII be remembered that we announced
the short sales Of this stock made when the steamer
was first discovered to be unreasonably overdue.
But the 'bulls" by some curious DEVICE contrived
to have the arrival OF the vessel bogusy reported In
the shipping news next day, and thus Gained their
more timid fellow stockholders. Now that the
pany have had chance TO explairthe delay OF the
vessel the original effect OF the unduly long passage
has been done away with. 1t was by
the way, pretty, although very quiet,
little game between the "bulls" and "bears" The
following were the closing prices at the last session
Of the Stock Exchange:-Canton, e71 60; Cum
berand. Ss a Al; Consolidated Coal, en- 0 %; Wes.
tern Union, aiss s47fi Quicksilver; 3; Marlposa
0 a 5; do preferred, 10 1917; Atlantic Mail, S5H
35A; Pacific Mail, "A a Az; Boston Water Power,
1e4 bid; Adams Express, es7s 81; wells-Fargo Ex-
press, 10 1913; do. scrip, a a,s; American Ex-
press 4e14 bid; United States Express, ASA 45S;
Merchants Union consolidated 99% q e9A; New
York Central scrip, 952s a516; Harlem, 145 1451;
Erie 241S q 241z Reading, 1854 1os2S; Michigan
Central, 1854 125k; Lake Shore. 1904 1O0%;
Illinois Central 141s bid; Cleveland and Pittsburg,
10o9s bid Chicago and Northwestern SAX S5; do.
preferred, 9o1 9o56; Cleveland Columbus and
Cincinnati, 80 bid; Rock Island, 1919 1918; MIL
wankee and ST Paul, 8s14 a 6S}1; do. preferred,
s3H a 83A; Toledo and Wabash, COS q 60A; do
preferred, IS bid; Fort Wayne, 81 bid; Ohio ana
Mississippi, AK Az; Delaware and Lackawanna,
110X a Ill; New Jersey Central, 11O Chicago and
Alton, 11st4 119; 90. preferred, 11s bid; Morris
and Essex, 90j4 901; Hannibal and St. Joseph,
12lX 12l4; do. preferred 12l q 12ih; Iron
Mountain, 4sX l5o Boston, Hartford and Erie 57s a
Q; Columbus, Chicago and Indiana Central % 22H.
HIGHEST AND LOWEST PRICES.
The following shows the highest and lowest prices
today for the leading stOckS:-
The New York herald., 1870-06-18
TIE PR1spscI PAsk EAIR GapuADs.

Two good trots will take place at the above
grounds THIS afternoon for two splendid prizes. The
horses engaged are well matched In point OF speed
and belonging TO the members of the club great III
terest IS manifested on the result Of each.
The New York herald., 1870-06-18

corr fEE-The market Tor Rio was moderately active nt
steady prices the demand being from the trade For other
descriptions the market dull but unchanged. Sales
s osLordiaary % caTgoes l4Ac l5c fair do lssc like
Tor lots l9c. zoe. 2c Singapore, lsc l9c
Ceylon,I7}4c &c.,. Maracapo, 1870. &c.,; Laguayra
a lSc, all gold, duty paid.
FLOUR nAiS-Receipts 1879 bbls. -four, 2ss bbls
meal 1902 bushels wheat 2o2lS do corn, 7506 do
low grades Of extra State were lower to SELL orders from
France Eeing cancelled In the absence of transactions
however retain previous quotations. The sales
about 1900 bbs For Southern -four there
demand at steady prices, the sales being 10U bb Rye
-four was steady with safes Of POO bbs Corn meal dull
The New York herald., 1870-06-18
TsorTl.G At UNION COURSE.

UNION COURSE, L. I.-TRoTTING.-Frida June II,
purse ana stake OF $500; mile htals best three IN
i've, In harness.
J Allen entered br G. Riley. ......... ! 2 /
3. McComber entered bS. III. Lady
Sherman. ........................... 20 2
D. Wright entered D. M Lady Wright DR..
l.. S. Sammis entered ch. e. Rocka-
way Dick ACKNOWLEDGEMENTS. A dis.
The New York herald., 1870-06-18
STREET ouoTATIlyi
Half.yn,t Five o,Clock p. nj.
COMMERCIAL REPORT.

FRIDAY, June l7-8 p NJ
CoTToN-Tbe business this article extremely light
there being but little Demand and the market heavy and
lower the bulk of the being of c per h.
There sold 1853 bales OF which 46S spinning
24 for export and II speculation For future delivery
there doing, but a. lower prices,
the heavy offerings causing the decline The were 200
bales, basis low imddling, for June 20c. 20c, 20
do for July at 1856 lsc 800 do for August at 9c 800
do for September at &c., 200 do. for October lsc
DO for November also date yesterday 100
June at 400 July lgc zoe and 100 DO for
Anon Mt Liz Wao
The New York herald., 1870-06-18

WooLTha market presents new features Of signi ~.
There Is murovement to note in business the
demand continuing light and only for small lots to supply
immediate wants. and to sell extent holders would be
prices. There have been arrivals Of the new clip
though few small lots have been received from Ohio which
held at 4oc. &c., the latter price for very hne:
Spring clip California 10 selling to a fair extent
held for full prces the arrivals Of the former arefs
Texas and pulled wool continue In limited request and prices
heavy though quotaby lower The market for for
eign dull ever there being demand except for
small parcels and prices of almost all kinds are entirely
nominal The sales were abou. lOocol lbs fleece at 4oc
46c 4Sc Georgia at S6c, shearinGs at 25c State aud
Western at Acc. %5c. Lake and Indiana on private
also 20000f lbs. pulled mostly In small lots)
Al oe for and n ss'Ts r. 'se for
t25c latter price for Gne ZOO lbs Spring clip
California al 2Sc. SlNc fol bury fine, chiefly AZ
266c Soc for fair to good, 20 600 los fall part at &c &c.,
and 2,C0U los. mestiza on private terms
The New York herald., 1870-06-18

In the gold loan market the rate ranged from three
per cent for carrying to nat for borrowing. The
operations OF the Cold Exchange Bank were as fol-
lows
Gold balances. 1,l93 102
Currency balances. ..................... 1857 1862
The New York herald., 1870-06-18

Poor damaged, all kinds, California, Zoe 2216c rough
light do, 3uc. S3c. middle and heavy Orinoco Soc SIC
The New York herald., 1870-06-18

TIME
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

rainfall of New York. They had fourteen
inches of rain in Sitka in February last,
which is equal to about fourteen of our
heaviest summer storms.
Now, how are we to account for this
remarkable climate OF Sitka2 We have
heretofore touched upon it, but the facts
submitted will justify fuller explana-
ton. First, then, between the fifty-ffth
and sixtieth parallels of north latitude
there is string of islands with narrow
selvage of the sea-coast, say fifty miles
wide, between the sea and the coast range
of mountains, which selvage may be called
the panhandle of Alaska; and Mount st.
Elias, 1900 feet high, and the northern
junction of this handle with the main ter
ritory, may be called the silyery frosted
river binding the handle to the pan
Sitka, near the ffty-seventh degree Of
north latitude, is the center Of this pan
handle, The pan itself, or about 400, 900
square miles of territory, lying between
the sixtieth and SEVENTEEN degrees Of lat
itude, is absolutely worthless except to
the hunter and the trapper.
But how is it that at Sitka the cold
seldom sinks the mercury lower than
twenty-five degrees abose zero, while in
the same latitude in the northern ex-
tremity of Labrador the cold for weeks
together is forty degrees below zero, and
snow covers the land all the year round2
How is it that at Sitka, above the latitude
of Moscow, they have hardly colder
day in winter than they have in New
Orleans and nearly three times the aver
age rainfall of New York; The prevail
ing westerly winds in our northern hemis-
phere, and the great equatorial current
of warm water which from Japan sweeps
around and across the northern Pacific
Ocean, and down by Alaska, British
Columbia and Oregon, explain it all The
same causes, on smaller scale applied
to the Gulf Stream, makes the pleasant
climate of the British Islands. On the
contrary, the comparatively cold and dry
climate of the Atlantic slope of North
America is due to the prevailing westerly
winds blowing over frozen continent in
winter, and from great mountain ranges
covered with snow in summer. The hor-
rible cold climate of New England, New
foundland. Labrador and Greenland is,
however, partly due to the cold Arctic
current which, with its icebergs from
Baffin's Bay, flows down the Atlantic be-
tween our sea coast and the Gulf Stream
from the South.
But of what practical utility is all this
1t is of the greatest practical utility in
reference to the movements of emigra-
ton from one country to another For
example, in these facts and figures from
Alaska, knowing the enduring causes
thereof we know that Mr. Seward, in his
estimate of that vast region, is wrong,
and that General Thomas is right and
that Alaska, to the white man, excepting
that little aforesaid selvage of sea islands
sea coast, will be utterly worthless and
uninhabitable for perhaps ten years to
come. 81
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

Saws the Chicago Tribune: We are
informed that the management of Dexter
Park have in view grand meeting OF
trotters in June, and that they will offer
a purse of $4,000, free to all trotting
horses in America, ten to enter and hye
to start. This magnificent purse will
without doubt, secure the attendance OF
ali the big ones from the East Mr.. A.
f. Fawcett, who has returned from the
National Turf Congress, says that he
will Sring on Bashaw, Jr., who is winter
inc at Baltimore, and he predicts that
Goldsmith Maid, Palmer, American Girl,
American Boy Henry George Wilkes,
Rhode Island, and probably Lady Thorne,
will come. And from the West among
others that will come in, are Rockey'
Tackey Trouble and Sam kirkwood;
This latter animal has recently changed
hands. having been purchased from
Com5ton By Dan Mace, the handsome
sum cf en-, 600 cash being paid: Mace
drove him heat in 2:2i at Buffalo last
August"
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

We are indebted to Professor Doremus
for some very remarkable and interest
ing facts and statistics, communicated
to him from Mr.. j. A. Tonner, resi-
dent Of Sitka, Alaska, on the climate
and products Of that locality.
Sitka is the largest town in Alaska, a
town of about sixty houses and eight
hundred inhabitants, chiefly Russians of
the lower class, but divided from it only
by a stockade is an Indian village of nine
hundred souls more The products of
the regions round about are limited to
fish, furs and timber Potatoes, turnips,
radishes and onions can be raised, but
they are small. They have there over
thirty varieties of indigenous grasses;
but hay cannot be cured--not sun
enough. Coal is found within thirty
miles of Sitka, but it is so bituminous
that it has burned out the smoke stacks
of steamers using it. Gold is found
in several localities, but not in
paving quantities. The mountain
tops behind Sitka are white all
summer, but along the coast there, near
the sea level, ii seldom SHOWS, even in
winter. and the thermometer hardly ever
falls below the freezing point. About the
2sd of December, at Sitka, the night
takes M the whole twenty-four hours,
and about the 2sd Of June the evening
daylight blends into thstpf morning. The
coolest day, from the records Of whole
wear at Sitka, did not reach lower than
TWENTY-FIVE degrees below zero; and the
warmest point of the warmest day
marked sixty degrees above zero. There
we're 2s4 cloudy and rainy days in the
year, snd fifty fair days. and only tve
davs Of snoS st that point Of the sea
board in that high latitude. The rain
fall Of the year there was nineiy-two
inches, or about three times the average
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
IDLE.

/ sit in the twilight dim,
.srs At the close of an idle day, ,... u
And hear the soft, sweet hymn . iBlrl
That rises far away,
And dies on the evening air
Oh, all day long, they sing their song,
Who toll in the valley there.
But never a song sing i,
Sitting with folded hands; ca
The hours pass me by, .HIlt f
Dropping their golden sands;
And list from day 70 day
To the tick, tick. OF. the old brown clock.
Ticking my life away. wnu
And see the sunlight fade,
And see the night coms on,
n And then in the gloom and shade, E
Wv weep for the day that is gone 80
eeR sna Ta day y tbpt bptb has own away
And will not come again. Frrr 81 So
Another morning beams. gsH
And forget the last.
And sit in my idle dreams,
1f Till the day is overpast; n laiH
Oh, the toiler's heart is glad,
For the day is gone, and the night comes on
But mine is sore and sad.
For dare not look behind;
No golden shining sheaves,
Can ever hope to find; l
Nothing but withered leaves. il
All dreams are very sweet!
But will il please, if only these ifitli
lay at the Masters feet?
And what will the Master say
wv To dreams, and nothing moreY ~
Oh, idler all the day
Think, ere thy life is Ger,
And the days grows late,
Oh, soul Of sin will He let you in fU -
W There at the pearly gatey si 4 A.AN
Oh, idle heart, beware
ON to the field of strife
On TO the valley there,
And live useful life:
Upl do not wait day
For the old brown clock, with its tick, tick
took,
Is ticking your life away.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
A sermon Cut short.

Many years since there lived in Vir-
ginia Baptist preacher named B..
Though uneducated, he was a sound
thinker and an eloquent speaker, and no
minister had more devoted flock. 1t
was. the custom during the inclement sea-
son to hold meetings at the residence of
members, and once or twice during the
winter at the house of the preacher. For
many years it was observed that b
neither preached nor conducted the
meeting when held at his house, but Sc
cured the services of some neighboring
minister. He was often pressed for an
explanation without success but finally,
in response to the opportunities of some
of his flock, gave the following; When
| was much younger than now-in fact,
not long after the commencement of my
ministrations-l held meeting at my
own house. 1t being customery for many
of the cosgregation to remain for dinner,
Mrs. B. sent our negro boy, Tim, to
neighbor Paurs for some butter. Tim
returned and located himself standing
on one foot at time, on the outskirts of
the congregation. Being well warmed
up in my sermon, thinking neither of
Tim nor his errand, but only of the most
successful mode of pressing upon my
hearers one of my strongest arguments,
| demanded with all the energy in my
power: "And what did Paul say?
Tim, at the top of his little squeaking
voice, exclaimed, as Tim only could have
done: He thed you couldn't git any
more butter till you paid for what you
gotl" This brought down the house,
and cut short one Of the finest efforts of
my early ministry. Since then ! have
kept my preaching disconnected from
my domestic affairs.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
LABOR.
~ FFF 9SS ~ .
U,O THE WORKING CLASSES.

We are now prepared to furnish all classes
with constant employment at home, the whole
of the time or for spare moments. Business
sex easily earn from so cents to s. per evening,
and proportional sum by devoting their
whole time to the business. Boys and girls
earn nearly as much as men. That all who see
this notice may send their address, and test
the business, we make this unparalleled offer:
To such as are not we'll satisfied. we will send
81 to pay for the trouble of writing. Full par
tieulars, a valuable sample (which will do to
PLE's LITERARY CoMPASI0S--one of the largkt
and best family newspapers published-all
sent free by mail Reader. If you want per-
manent, profitable work, address
L. G. ALLEN & CO.,
AZ ea Augusta, Maine.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

A woman in Oshkosh. Wisconsin, CON
v;cted of inhumanly beating her little
stepson. pulling his hair out BY the hand
mi and locking him in an out-bniiding,
with no covering but his night-shirt until
his feet we're frozen. was sentenced TO
three months imprisonment. Her name
was Martha Large, but her punishment
was small.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

A Nashville reporter rapturonsly asks,
What heart has not thrilled the silyery
silence which succeeds sweet music. When
the delicate harmonies that had ceased
TO vibrate on the ear were repeated, ana
each share of melodious meaning trans-
lated 20 the inner sense. A hand-organ
was the provoeatiOn.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
STOVES AND TINWAR
N OF CE

WE HAVE THIS DAY SOLD OUR STOCK,
w interest and good will in the stove and
tinware business TO Messrs. Walt 4 Co.. who
will conduct the same at the old stand, and
for whom we bespeak a continuance Of the
patronage so literally bestowed upon us. Mr..
R. Brannon has charge Of the assets and La
bilities Of the firm, and will attend to the wind
ing up Of their affairs at the Office of Walt
w. - R. BRANNON 4 co.
Memphis. January 10, 1870.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

As an evidence Of the interest ava
kened in Chinese matters, We may state
that DR.. Legge's fve-volume translation
of "The Chinese Classics, containing
the works Of Confucius and Meneius, is
IN press. DIR. Legge is Of the London
Missionary Society, and his gree, work Is
highly esteemed BY English scholars.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

A New York correspondent writes of
the way people use the book Of the
play" when they go to see Booth $
Hamlet" AS soon as they are seated, ="
he says, they straightway find the place
and bury their noses in the book, and
follow every word of the piece, delight
edly exclaiming one to another, there,
he left out the word, or, as / heard one
intelligent creature say, after Hamlet
passed from the scene, He didn't say
exit did he7 and it's down here for
him TO say it the last word
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
w A L T & c. o.,
2z2 FRONT STREET,

Opposite Packet Landing.) MEMPHIS.
OFFER THEIR WELI-ASSORTED STOCK
W Of cook and heating stoves. shect-iron
ranges, tin and copper ware, mantels and
CRATES. cutlery. house furnishing goods, coal,
lard and lubricating oils and sieamboat stores.
90 the trade. al Low cash figures Special at
tenti0n paid 10
Job Work In all IFS Branches.
errn sHd viii Be glad o. serve bis Old friends
and customers. Respectfully.
10 WALL 4 co.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
coRSETS.
Best French Corsets
Ar THE -
outhern HOOpskirt Mandatory

II AIDES WILL FIND 1T TO THEIR IN
IL terest TO purchase French Corsets of me,
WERLY. L'0ISEAU and NINE DUPONT.
To ladies desiring close-fitting. durable cor
set, | would respectfully recommend the
Werly; while the L Oiseau is an elegant cor
set, elaborately embroidered. The Dupont is
a short corset. of n most beautiful pattern. l
have them in sizes from l6 to 80, and promise
to exchange one size for another until the
proper ft is procured. Also the
Improved Breast Protector.
The Invisible Walking Skirt is the only
fashionable skirt for outdoor dresses, while
the NEWPORT ROBE is indispensable TO the
train dress. Both skirts can be had ONLY at
the mandatory. 1851 Main ST., near Wash
ington. 1881 LOUIS LANCE.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
To MERCHANTS:

As very large edition will be printed on
our hrst number, which will be circulated
through the entire section of country contigu-
Gus to Memphis. and also in the different
cities and towns in the Southwest. the
WEEKLY PUBLIC LEDGER will be a most
excellent advertising medium. Only a limited
numb sr Of advertisements will be received.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07

Iuill also continue the publication Of the
DAILY PUBLIC LHDeER as heretofore. e1-
eept that IL viii appear in NEW DRESS.
A synopsis Of all The important news pub
Ushed in the PUBLIC LEDGER from day to
day will be given in the WEEKLY PUBLIC
LEDGER. IS ~ FE .rF Ett
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-03-07
send i'm Your Favors.

All the type to be used in our Weekly is
rxunRrY NEW, an d the paper on which it viii
be printed is the finest white bOok-paper'
making 1t the mo. readable journal pub
lished in the South. IlItl5A