davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1870-02-04
FINANCIAL and COMMERCIAL.
WALL STREET,

WALL STREET, I
THURSDAY, Feb. Sd p. N.
The street this afternoon was informed by private
dispatches from Washington that the prospects Of
passage of the Sherman Sumner bill In the lower
House are much more favorable than at nrst ap-
peared. The news produced Q decline In gold and
checked the bullish feeling In stocks.
DECLINE IN GOLD.
The gold market at the opening was heavy ON
small transactions. and In the afternoon became
actively weak, the price declining to l2o a. against
1917 when the board commenced business. Ihe
decline Is attributed 10 the impression that the
Sherman-Sumner currency bill means contraction
for this portion OF the country whatever 1t intends
for the South and West. The stupidity OF increasing
the national bank circulation instead OF assisting
the revenue Of the government by further issue OF
greenbacks to meet the demand for more currency
In the South and West Is on par with the propo-
siton to cancel the three per cents. The ''bears,"
who sold gold short to-day on the expecta-
tion that the withdrawal Of these ccrti1-
Gates Will produce contraction. should remember
the story OF the Iris supervisors who, having
ordained that new county jail should be built
with the material OF the old O. also ordained that
the prisoners In the latter should not be removed
until the former was built. Mr.. Boutwell, must first
produce his greenbacks, aud then may cancel the
forty million certificates on deposit In our city
banks. However remote the effects Of the bill,
should 1t become law, on which latter point there
Is yet much doubt, as the 0rthern and Eastern
national banks will not 80 read lily acquiesce In the
measure and we already know their power TO defeat
antagonstlc legislation the holders OF gold were dis
posed 10 sell, and the spectators sold q great deal
In anticipation of decline. The chief fluctuations
The New York herald., 1870-02-04


The fees for piotage as established by the LegiS.
1ature, are as 1oliows:-
In,on,d Bound Vesssls.-For every mer chant ves-
gel not exempted from pllotage drawing less than
fourteen feet OF water, So IS per foot.
For every vessel drawing fourteen feet and less
than eighteen feet OF water, 81 30 per foot.
For every vessel drawing eighteen feet and under
twenty-One feet SIS So per loot.
For every vessel drawing twenty lone feet and up.
Out1oard Bound VeSsels.-For every vessel draw
Ing less than fourteen feet, 81 10 per loot
For every vessel drawing fourteen Ieet and less
than eighteen feet, So 10 peEfoot.
For every vessel drawing eighteen feet and less
shan twonty-One feet, 81 10 per foot.
For every vessel drawing twenty one feet and up.
wards, 81 rs per foot.
The rates oil pilotase for any intermediate distance
are determined by the Commissioners and promu-
gated as required. Between the lst OF November
And the lst OF April, the winter MONTHS" the sum
or four dollars added TO the iull piotage or every
vessel coming In or gong out OF the port.
The commissioners, appointed as required by the
before mentioned statute are Messrs. George w.
Blunt, Robert L. Taylor, Ambrose Snow. W. G..
Thompson and Russell Ssurgs.
THE NEW JERSEY PILOTS.
Governed by ike statutory provisions and atrln.
gent bylaws. both IN the manner oil appointment
Ind required conscientious discharge OF their du-
yes. thero are acting under Commodore Charles =.
Boggs, Henry w. Miller. David Cox, Andrew j..
Drake, United Slatos Navy; Peter Metsgar william
J. Horner and Thomas b. EndlGott Commissioners
Appointed by the Governor OF the State OF New Jer.
tey, by and with the consent OF the senate, i0rty
hve pilots who guide vessels from sea by
way OF Sandy Hook for the ports OF Jersey
Gty, &c lueT Idtcs aic ING sdufe as tuc NEW ioI n
ORGANIZATION and their courage and fidelity TO bust
ness equally great. Tnelr boats are not numer
ous but Just as stanch and capable OF floating the
emblem OF their craft, Their names and numbers
6re:-No. /, Jane; NO. 2, Ezra -Nye; No. 3, David
MITCHELL; No. 4, Mary L. Fish; No. 7, James W.
Elweil.
The spirit OF enterprise has crept into the two or
Ranizatlons by reason oil Lie friendly competition
between them the result being an honorable rivalry
Such is the gst OF the organization and the work,
ings OF the Sandy Hook pilots, with their boats and
the number ana character OF men, that have IN
charge the poiage OF vessels 10 and out OF THIS poI
And in opposition 10 which legislative enactments,
some of the so-called 'sAmerlcan" shipping agents
lowners and brokers), have pepioned the law
makers or the commonwealth to modify IN accor9
Ance with their wishes. This step, 1t Is repeated
has afbused the pilots concerted action, and thai
fheir views upon petition in question might havt
the same publicity as 1t, q HERALD reporter caiec
Upon one OF their representative members yesterday
The New York herald., 1870-02-04
THE NEW POST OFFICE SITE.
No. 3O8 THIRD AVENUE,
NEW YORK, February z, 1870. 1

To THE EDITOR OF THE HERALD:-
Now that the construction OF the new Post once has
TO halt, II s an excellent opportunity .or the
proper authorities to consider the outrage they are
committing upon property holders in the locality,
and more particularly upon all the residents Of that
part Of the town and upon the city at large IN ap
proprating so large portion OF the park for busi
ness purposes when every foot 0. it Is worth four
times as much for purposes OF public recreation and
enjoyment, aud as o breathing place for the over
crowded and 0ver.wOrked humanity OF the lower
part OF the city, not to consider the question OF
beauty, which Is an important They are gettn
TO understand TINS subject better In European elite
ally demolishing existing buildings In order TO add TO
the facilities for enjoyment or the occupants OF re-
naming ones. Whereas we, who boast OF a bou nd
less territory to occupy and improve must needs
seize and devote to traffic the only remaining GODS
acre" In the busiest and most densey populated por-
ton OF the CITY. GEO. X. PERRY.
The New York herald., 1870-02-04

!. .S:u I:sI S rn:sss,:
rom =: os !: se:s s.s., ss 10
and from q s'1 .Ssas ssa hence ss
York with sugar on private terms ,,,<
,s bags .ns @ :as Rsess
o1' ~ -
was moderately active and ssady ~ the quotations
marIs. for this article continued to rule
were heavy and at the following quotations
200 DO ciayes ssc &C. new DO. ssc aoc;
Sa ao arss &C. nsT sse n:.s az f.snd ao &C.
n S So snss s
..s urD:aa: A: demand .:s
cidsdiy higher closing ssjac and
..ss s sS,Ss to d:a,nsSas rs sS !. s .. I
Dps ps aasnsssss a n ysas T The ,.ss r. vers s
" 10 We quote: Strained Va is q 70; No. 3 }98
R. as. sa sssTt ios Waas A. ras
OILS were dull at former quotations and We heard of no
sale. of q consequence LOB h,Se6ns 10. nassd selling u
PErRoLEgM.1Ihs market for crude in bulk was dull.
he.e oens oa e ana a hoasrs wes more anxious
i Tor delivery sss wsrs sea
i: Ss,s i Il:
We heard r no ms ia better Sa
mand for export but there was no improvement in prcss
e1y ANXIOUS q realize The sales
2jOU do. private terms, but supposed ~ Sc bO
do for Marcn 30.c and GOV At Ssc Naphtha was
lower being offered At No sales were rePortsd Job
bing lola r.nned selling At 21Sc Sxc In PhiAde
pba the market dull there being but little inquiry, ana
prices favored buyers Vo obs wsre disposed OF u os
Receipts SIT bbls pork, 2s4 packages ca
meats 246 DO lard 81 bee and 36S dsssed hogs The
dema nd aud prices again lower closing ~
for Tho sales COO bbls at &2b 10 fos
also $50 bb for March delivery at &6 ana
$50 do from the 18th February 10 the 18th March At I'D oO
Live nogs were hrm Al 0ac l05<e. for common to PRIME
grades with arrivals Of 40 head Dressed hogs were quiet
city Beef hams quiet but steady Small saiss were
made Mt $26 $50 for Texas and $9 x3S for Western
Beef quiet but teady value There sold 10 bb
at D 14 for plain and 8l *T for extra do. aae
small los terces nj sb go for prime mesa and sS S6l
for India do. Bacon dull and we heard OF no saisa
Prices however, about l5o for long clear and
short rib Cut meats quiet for all kinds except picked
hams which fairly active selling TO the extent OF 10
bb private terms Prices nominal at former quo
ons. 1ne market for lard very quiet there being but
little demand and prices heavy Yesterdays quota
ons The sales lI5 packages ut l5,c lbc Tor No.
to prime the latter closing at Ice l6sc 80 pack
ages for March delivery at loc and 10 do for April do Al
l6iac
RIoE IN better demand nj about former prices, tbs
sales being 35J casks nj 6ac. NC. Tor common 70 prime
SFEps.nssed duh and nominal At ~ 81 gold, duty
paid Grass duh ard prices were nominal a; former
quotations..
spRnMAorTI-Reaned sought ofter
prices. lOJ cases sod nj o6c.
SUGAG.fhere only moderate degree OF activity In
the martet, but cnane In pces which however. CON
Refined que but without change value the market
closing at 4c IA for hard l3c lSsc for soft white,
lSlc 3c. for extra O. and l2c l2aec for yellow. Tie
Gales of raw were sOJ boxes at 9sc nc. and ovJ hht
The New York herald., 1870-02-04
STREET lu,rATIoy;.
Hnlf.pnst Five o,C,ock p. ar.
COMMERCIAL REPORT
THURSDAY, Feb. 8 6'P. NJ.

THURSDAY, Feb. s-6'P NJ
CoTTosThe market for this staple quiet, the de-
mand from all classes of buyers continuing light but prices
steady at yesterdays quotations The sales were O45
bales Of which 1853 for spinning 26 export and 3s
specu aton For futur, delivery thero fair bus
consunmated at quite steady prices sales were
olows ~ 900 bales basis low mddng April at 2 &C.
2kc 800 do for do private TERMS $50 March at
24c 25c loo do for July and August 26sc LOCO 40
for February at sc 2c and 200 do for do on private
termA We append the current quotations.
The New York herald., 1870-02-04

CoFFHE.Ro continued steady In value. though The bus
light Sales 9o5 bags per North America on pr
vate terms BY auction o52s bags Santos at &C. 2o4c,
averaging 1s 6lo0c gold duty paid Other we're dull
but unchanged.
FLouE AND GRAIN. Receipts, 1853 bbls. -four 100 do.
and S96 bags meal 81 busheg wheat
1850 do. oats, 7lD do. rye and 2SoJ do hc
ke ruled duh and heavy except for tn. low grades
The sales connnod about 1,t0J bb.s
California hour was dull and nominal Southern -four
quiet but unchanged Saas 800 bbls Rye heavy,
with only moderate demand Sales 900 bbs Corn meal
wa a and prc were ami We
The New York herald., 1870-02-04
'orto Rioo-Reiinipy grades.

HfoceFy lrtdes IVlg Z
hessrs G. Anam * Co. made the stock to-day folows
52s hhls 6.a95 boxes 245,s7s bags and t7 rnelado
SrEARISE--Iae market dull, but unchanged. Small
sales made within the range OF ib5sc n l6c.
WuALEBoNE.-Thers n very large business consun1
mated Arctic, the demand beng entirely for export.
The sales amounted to 1000 bs. chiefly for shipment 10
Hayre and Bremen) NJ Sc, gold.
WnIsKEY--i.eceipts i,O$ bbls The marks, was only
moderately active, but prices quite steady There
NualI
The New York herald., 1870-02-04
Carolina, new. ASK bid; Missouri sxss. sl bid Ms
s0uri and st. Joseph. o1 a9lK.

Carolina, new, 25h bid; Missouri sixes. o bid; Ms
souri and st. Joseph. oi aoiK.
THE MONBY MARKET STEADY.
Although the accumulation Of funds ut this centre
still continues there u more steadness In the rate
on CALL which ranges from i've to six per cent ac-
cordng TO the class OF coliateras and the standing
Of borrowers II any transaction to-day occurred
above six per cent It was exceptional, or tho bor
ROVER was indifferent about making . new engage.
mont and lot an old loan lie over. There were more
transactions at four per cent but they were confined
TO the government dealers. who are offered great
deal more money than they can employ. CONNER
cal paper b In good demand at rates Of discount
ranging from OK TO 8 per cent; out tho market Is
not abundantly stocked as the merchants and COM
mission houses are doing little az yet although great
confidence Is felt for tho spring trade, particularly
since gold has shown 80 much steadiness. The
President OF the National Currency Bank writes US
that the difficulty with reference to the check OF the
Broadway Jewelry 1rm has been satisfactorily ad-
justed.
FOREIGN EXCHANGE WEAK.
The exports OF cotton have been SO nattcrngly
large within the past few weeks that the foreign
exchange market Is seriously feeling the competition
OF commercial bills. Rates tonight are again an
eighth lower. The market closed with the following
Misunderstanding, sixty days, commercial, 1881
l0sA; good to primo bankers, 1881 . 1857;
short sight, 1925 109h; Paris, sixty days,
5.2l& 5.171s; short sight, 6.16x 6.l5; Antwerp,
5.21k 6.175s; Switzerland, SAX 5.l71s; Ham
burg, S5s q 3o56; Amsterdam, 4o3s 401; Frank.
fort. 4o,s aoT; Bremen. 7s9. 70H; Prussian
thaiers 7o2& 7Ih.
RAILWAY EARNINGS.
The earnings Of the Chicago. Rock Island and
Pacific Railroad show an increase OF $50, 500; Lake
Shore and Michigan Southern decrease of S., 1922
and Chicago ana Northwestern decrease OF $50 liz
Tor the fourth week In January, Is compared with
the CORES pondng period Of 1889.
THE sUB!TREAsURY REPORT.
The follow ing shows the results OF to-days busi-
ness at the Sub-Treasury in this city,
The New York herald., 1870-02-04
STOCKS UNSETTLED.

STOCKS UNSETTLED.
The stock market was strong until after the re-
ceipt OF the news above referred TO- when prices fell
Off and the marked closed dun aud unsettled. The
Vanderbilt securities ana Erie were strong ana held
their own until the general MARKET weakened, when
they receded fraction from the best figures OF the
DAY. Northwest was weak aud lower, the decreased
earnings producing the effect which was looked for
yesterday. ST. Paul was steady. Rock Island was
strong ana more active, advancing to llo but falling
Off with the rest OF the IFS. In the afternoon touching
114h at It's lowest and closing about ll4gS Lake
Shore was rmer the light decrease in the earnings
OF last week. Hannibal and ST. Joseph was strong
and &c. c. and CO. active The latter rose to 81 ~
The miscellaneous list was again visited by the
speculative operators and Canton brought upon the
ground as the newest candidate for movement"
Reports were current that the company intend can.
ceiling stock In place or paying dividends and that
they have lately realized Handsomely by water
front improvement at Baltimore, upon which the
price rose to 5oh. Western Union and Pacific Mail
were lower and dull. In the express stocks United
States was weak and declined to 80.
The following were the closing prices Of sto cks at
the last session Of the Stock Exchange:-
sra 5st4; Cumberland, s2,s Sia; Western Union.
3oSs 367s; Quicksilver 151i l55; Marposa, 10; do.
preferred, 2014 bid; do certificates, 494 81; Pa
ciic Mail, 40s a 4i1s; Boston Water Power, 1514
151S; Adams Express, 6i7S q 64JS; WellsFargo Ex-
press l0H 20; American Express, 37}6 q 3s;
United States Express, 81 517S; New YORK Central
consolidated, 97,z ok; do. SCRIP 945l 943,; Har
lem, 13s l40; Erie, 25]s bid; do. preferred 40 bd
Reading. 967G 96}S; Michigan Central 1lsjs 100;
Lake Shore, S5ss 8531 Illinois Central 138 1374;
Cleveland and Pttsourg, 02S 93; Chicago ana
Northwestern, 7SS 73E: do preferred, S97s 500;
Cleveland, Columbus and Cincinnati, 7ak a 74h;
and pou1 10 10.
S67S S6h; Toledo and Wabash lex prlyilegel Az a
10; do preferred. .3; Fort Wayne, ssa SO; Alton
ana Tcrre IIaute, 20 224; do. preferred "a q 56;
Ohio and Mississippi, 26ss 262t; Delaware and
Lackawanna, 1o5 1857; New Jersey Central, 97X
e51s; Chicago and Alton. 1A bid; do preferred
IA 15O; Morris and Essex 881s s6a; Hannibal
and 81. Joseph. lo7 1914; do. preferred, 107 q
1o7h; Dubuque and Sioux City, 1861 1o94 Co
lumbus, Chicago and Indiana Central, 2lh o 211S.
HIGHEST AND LOWEST PRICES.
The extreme nucruationss OF the leading specu-
LAT vEar 90 f,Itn
The New York herald., 1870-02-04

Wheat active and In spite q the decline In Liv
erpoo prices hTmcr for choice spring.. Winter was
lower The copriscd 80 900 bushels part last evening"
at 81 s 81 ~ for fair No. Chicago spring, 81 ~
T 2Jh for Milwaukee, vi 81 fer choice Minnesota III ~
y for amber winter VI b2 for white denease and 81
for California Rye dull nominal at gDc A g5c or
barley 1900 bushels No round State brought s7c 81 &C.
Corn dull and nomnaly lower. The sales were l21O
bushels at ssc sc for yellow Jersey 9c for dry new
mixed Western old nroi quoted III 05 Onts were
lower The sales about 2SoDJ bushels 53xc 56c
for Western 10 store aAd adoat &c. 60c for state &C.
for whito Ohio.
FRgraHTe-The market was more active for grain rates
for which, however, fully I'D lower other artices
sparngy offered but could be shipped except
about yesterdays rates. The demand FOR vessels for
ter was s,n light The engagements e:-To Liverpool,
100 bales cotton at 36d and per steamer, BOO bushe
wheat a bd So0 boxes bacon n2s 100 bales
I'D To Glasgow, per steamer, 300 bushss wheat
and 100 obls nr at b. To London 500 bbs Gou ls
To Bremen 5000 bushels rye at 3D. 400 boxes starch At 49,
nna a., iSb b,sSo. ssna ia'S % and PER steamer 900
100 lbs whasbons n Id. The charters were "A
brig. 800 hhds 70 the sossds Cuba spd back sugar 5au
The New York herald., 1870-02-04

Governor Davis, OF Texas, has as yet made no
changes in those departments the heads OF which
are subject to his appointment and removal.
The New York herald., 1870-02-04

Holders OF gold paid 7, bh, o and exceptionally
per cent TO have their balances carried The opera
tions OF the Gold Exchange Bank were as follows:-
Gold cleared O70 900
God balances. 70l,05o
SurIency paiauceS... uoZ,eZI
The government sold O million OF gold to-day.
The bids wera for total OF over two and a half
millions The prices realized ranged from 12l.17 to
LOOK.
The New York herald., 1870-02-04

Charleston, and the rates are one-fourth more lor
botn inward and outward bound vessels than New
York.
New Orleans-There they have but two classes or
pilots. the bar and river Vessels are charged by
both, the combined rates being In great excess or
that charged by The boats small, their ex-
penses n,,nt. and hardshps OF the crews but few.
Compulsory fuodge.-''The shipowners seem to
lay great upon tue fact that at times they
deprived oil the power OF selecting pilot but must
engage the services or the 1rss that Otrers,n &c.
The manner IN which they present this Is decidedly
unjust TO the pilots, lnasnucn as the whole OF The
story Is not told. The facts are t1ese:When ves-
sci at sea requires and signals pilot boat pilot
vessel or however light draught she may be, and
however Improbable. pilot to refuse vessel his
services on the score OF it won't pay IS liaple
fine OF fifty dollars and suspension from duty. From
these sentences there Is appeal as the Jury that
convict HIM merchants themselves appointea by
the Board OF Underwriters and Chamber OF Com
merce Because OF this cOmpuislOn on the part OF
the pilots, the state mas given them priviegethe
right OF any certain pilot To take to sea the same
vessels he may bring into port. II he Is otherwise
engaged when called upon reverts to any pilot OF
his boats company.
Again. IL IN the judgment Of a captain pilot is
personally distasteful to him, application 10 the
Commissioners will, on the part OF the owners, In.
stantly result In the substitution OF another.
Number or i'tlots.-Ihe sgners OF the petition In
question refer to the exclusive number or pll0tS,O
ana deduce, by system OF reasoning peculiarly
their own, that this caused by the profits OF the
business What they assert - quite ute erroneous: l:
years ago, and no more apprentices-and this rule
has been IN vogue three years-can be taken until
vacancies occur.
our Rates.-rhrough the late war, when all the
necessares OF life were quadrupcd in price, and the
expenses OF carrying ON the business increased two
changed, and only when compelled, In Helfdefence
to ask for an increase did they do 30.
Vesseis ARRIVED n Port Last Yedr.-T0 show the
amount OF interest which attaches to the system
as now organized 1t IL we'll to state that there
arrived at the port OF New York, via Sandy Hook,
during 1862 1850 vessels from foreign ports. Of
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-02-24
JehfaI Slabs Nayside Notes.
UNCLE KIER VIRGINS ON CHURCH AR.
IsTOCRACY.

Uncle Kicr says society is sick. He inn
agines he has been called in to prescribe
and goes right along with his remedies as
any doctor should.
He thinks our preachers incline to the
use of unmedicated little pills for all sorts
of diseases in rich congregations, and that,
no matter what the symptoms are, the dose
always remains just about the same.
He thinks they bring out the same little
squirt gun to a block on fire, that they
use when only cob house is burning.
l am inclined to believe that Uncle Kier
is more than half right.
"How would like to be preacher in
one of these fine, costive meetin' houses
fur few Sundays" said the old man, sud-
denly breaking his afternoon reverie, and
hitching his arm chair in sort of q saw
age, meat-axy way little nearer the fire.
IL couldn't preambulate and come all
those apple jack pulpet styles, with es
much solicitude es some, but I could stir
up the rich farmer drones in my Christian
hive to the necess;tude fur doin' leetie
more traveller towards the Kingdom OF
Heaven for themselves.
"And wouldn't I dew 1T rayther
guess would.
"And I'd hev UNI begin right off tew.
Git square down intew the same road that
common people travel, and foot it there
like the rest NV us in the dirt nv humil-
ity. bs :
"They think that if they furnish good
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-02-24
n STRANGE Rebellion.
4 COMMERCIAL TRAvEL1ER's STORY

Some gears ago / was employed in the
establishment of Barker x Billsbee.-
Trade was terrible dull, and money came
in slowly. Barker determined to send
mo out to see if couldn't hurry some of
our dilatory customers up. So at very
short notice [ prepared to go on a trip to
the western part of the State, where the
majority of our customers were located.
I travelled all day by rail. 1t was nine
o'clock at night when I reached my first
stopping place. 1t was a small town, and
boosted of but two hotels. Choosing the
best looking of these, entered my name
on the register, and asked mine host for a
good room and some supper.
81 can give you a good supper he
said, "but L can't do much for you in the
way of room, unless you are willing to
sleep with another traveller. You see, we
have fair here tomorrow, and we're
full-something unusual, sir, but would
you take up with another bed-fellow to-
night ?"
eff he is clean and respectable" I re-
piled, 81 suppose l might, under the cir
cumstances, worry through one night"
COB, he's perfect gentleman, assure
YOU"
Every well, then, consider it fixed, and
hurry up with my supper" said; not
very well pleased, however, with the pros
pect After hearty supper / took a
more cheerful view of the matter, and
asking the waiter to show me mp to my
room, l was conducted by that individual
up a long fight of stairs to my apartment,
or rather our apartment This waiter
xua hlxy OE,,p;I 1ooty,a,x IL
he seemed to me to have the concentrated
expression of all the B@otian attendants
1t had ever been my misfortune to meet
with stamped indelibly upon his counte-
nance. L found the room to be neat and
spacious. In one corner was large bed
stead-one of those old fashioned four
posters, with curtains of chintz. On a
table were two lighted candles. 1 re-
marked to myself that my unknown friend
must have preference for well-lighted
room; for he had already retired-so I
had been informed by the waiter. Another
thing which struck me as being little
curious was, that there were no clothes
belonging to him about the room. Could
my unknown friend affect the eccentricity
OF going to bed with his pantaloons, coat,
and boots on i? Or had he retired in a
helpless state of intoxication, and been
unable to remove them /? I mentally
queried. -
was too sleepy to indulge in furthr
speculations, and rapidly undressed and
got into bed. My roommate 1eposed at
the further side very quietly, and as I had
no desire to disturb his slumbers, I lay as
TAR off from him as the size of the bed
would allow.