davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
THE NEW YORK CLUB.
Dissolution Of the OBSERVATION-DISCLOSURES Bnn-
quct Hall Descrtede-HistOry OF the Club
In ND Nau ,har

Dissolution Of the OrganiznsiOn-srhe Bnn-
quct Hall Overwhelmingly OF the Club
Iss Resources and Membership.
Pie New York Club one OF the resorts OF aristo-
cratic ami fashionable men, is among the things that
were, and the treasurer has already given final no
nee 10 claimants to present all outstanding bills
FOR payment prior to December %.
The club was formed in 1915, chiefly by Young gen.
tiemen, the majority Of whom were possessed OF
wealth and mach leisure The first building occu-
pied was on the southeast corner Of Broadway and
Astor place The usual restaurant and reading
rooms existed there, and The situation afforded
good view OF the promenaders on Broadway.
The members numbered finally about 500, the in
come became large and the amount in the treasury
extensive.
II was concluded in 1861 TO remove the establish
ment 10 the brown stone mansion OF Richard X.
Haig II, on the southeast corner OF Fifteenth street
ana Fifth avenue. Fashionable afternoon prone
naders had IN a measure relinquIshed Broadway
Tor the less crowded and more stately avenue,
and the windows OF the new house Afforded
better opportunities than the old quarters
for willing away the leisure hours. The interior OF
the house was richly ornemented, and large and
beautiful conservatory extended 4 long distance in
the rear, which attracted much attention. The
mansion had been built ~ Mr. HalghE. His
wife, who was leader in fashionable circles,
mad rendered 1t the frequent scene OF elegant
SOCIAL festivities tno the Ticn internal uecOra-
tons were the subject OF Huch admiration at the
time. The furniture purchased by the club for their
new quarters cost about 900. and ball was
given IN honor OF the opening No gathering OF the
KIND has since taken place in the building, and the
usual club routine Of eating. smoking talking read
ing and ordinary social intercourse was varied only
by An occasional joint dinner Of The members.
The rent at first SIS, 900 year. but was gradtl
ally increased to $ls,000 the price paid in 1892
further advance to $25, 900 was demanded, and III
decided to dissolve the organization rather than
pay SO large q sum. AT one period the number OF
members reached COO but last spring the member
ship had fallen to one half that number On the lst
or May, therefore, the enterprise was abandoned
and the furniture sold at auction
Mr.. Haight died few years ago and the property
was comprised II that share OF ms estate which de-
vowed to his widow. At the time OF the dissolution
and Tor several years previously, the presidency OF
the club was vested in Henry Hall Ward, well
known Wall street broker. The house Is now
dergsing alteration into independent fats, tor the
use OF such families as may be willing to pay high
prices for elegant accommodations. The fund re-
naming on hand is amply sufficient for the quida-
ton OF all unsettled claims and IL is believed that a
considerable balance will remain to be divided
among the three hundred members.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
CUBA.

Railroad AcciGent-Thc insurgents Near Hu-
vann-Anficipat ed Destruction of Estates
Return Of the American C0nsu! General.
HAVANA, Nov. q, 1870.
An accident, with loss Of life, occurred the
roads running between this city and Matanzas yes
terday. These roads are known the Havana Bay
road and the Villanueva road. Near Aguacato they
approach each other, running parallel for long dis
lance. AT this point the Bay train moving very
fast over high embarrassment when it ran OF the
track. one coach rolling down the embankment,
while the remainder of The tram seems to have
fallen across the other road Scarce had this hap
pened when the villanueva train came along,
nIng into the wreck and SO completing the disaster.
Six persons were killed and five wounded.
letter from santiago de las Vegas, situated on
the line Of road between Havana and Batabano. gives
account or the pursuit or band Of insurgents who
are reported as having committed many depreda-
lions In the vicinity. The government troops, con-
sisting or fifty rural guards and company Of vol
unteers, explored the mountains in the locality but
failed TO ind the enemy. One person encountered
on the read was killed. The proximity OF the insur-
gents to Havana confirms the idea that the burning
OF estates Will be very general this season.
Mr.. Thomas Biddle Consul General OF the United
States at Havana, who has been absent since August
last arrived this morning in the Juniata from Phlla-
delphia.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
TIE SILVER HILLS or NEW MEXICO,
SILVER CITY GRANT COMPANY, n. M

SILVER CITY GRANT COMPANY, n. MI
Nov. Is, 1870. !
To THE EDITOR OF THE HERALD
Within the last six weeks were discovered the
richest silver mines in the world, both in quartz
leads and chlerde beds or deposits The ore taken
from one lead called the illegal Tenuer, y has as
saysd little over $1,000 to the ton. The rock was
taken at a depth Of twenty feet. The other leads
assay from $500 TO So 600 per ton The chloride beds
are the richest thing ever discovered in America
yielding high as $50 900 to the ton and that too
from rocks taken only six feet deep. Their
extent as far az prOspected, embraces two
square miles, containing untold millions or
dollars, which, when taken out by capitalists VIII
make this Territory the richest and llveest In
the Union. IL far exceeds anything ever seen az
White Pine any other locality. Experienced
miners pronounce 1t the richest ever discoveries
besides, there Is abundance OF water at the foot
OF these silver hills in beautiful valley called Sill
yer Flat Valley, where already nearly hfty houses
have been erected within the last SIX weeks. Wood
plentiful and altogether It Is destined 70 aatopisb
tne world within lhe next year.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27


Among items TO be remembered IL the fact that
silk skirts are more bouant than ever whlie over
skirts OF soft woollen fabrics are not SO fu IN the
back AS formerly and often hang straight ana
! MAINLY beblnd but these shouls be worn over
very large tournure and must invariably De draped
high on the sides. Stout ladies decrease their ap-
parent by wearing open tunics but II they prefer
closed oyerskirts they should make the apron very
short with a broad side gore and two full straight
back widths. Then gather the lower part OF tue
OF the side gore IN two or three large piaits
put tapes beneath and tie at the back in order to
keep the froar OF the skirt nat Slender ladies wear
larger apron fronts, catch uplmore plats, Lut them
higher on the hips, allowing them to form careless
way just described. The back breadths are draped
by tapes tied from the Of the widths tapes
pendent from the belt.
Carriage costumes Of the richest velvets and gros
grains, are made with demttraned SKIRT measur-
Ing from fifty to lrtyeght inches, lsng overskirt,
basque and palet0t. They are to be worn when
making formal calls at weddings and other cere-
monlous occasions IN the day time, wnen the wearer
The gypsy bonner and Kid gloves are OF the color
Of the costume, unless the dress is black, when
when there Is paletot. Velvet position basques,
square in the neck and without sleeves are added
10 MANY Of these dresses These extra bssques fur
nish hint to ladies' who nave handsome dresses
made with the PLAIN round uodices worn last season.
velvet position modernizes any round SILK bodice;
serves for woolen dresses. Amsng tue novelties
are the dinner dresses of two cslors. men
lOheu HteIy Nv our raTlsidn correspondents.
The drst OF these is that pale, Rreen-tinisd gray
known as guano gray. IL has q demt-traEed skirt
with large three-carnered opening in the bottom
81 each width disclosing treble Dox-plated nounce
OF bright amethyst colorcd SILK Narrow folds OF The
silk trim the lounce and follow the triangular
ing. The waist has high amethyst vesi square
below, the body In the Louis XIV. STYLE and
trimmed up the entire front with horizontal folds
Ike those on the skirt Over this is position
basque, high IN the throat behind pointed and low
In 'front.' and crossing over on the amethyst vest.
mil OF duchess lace surrounds the throat, and
finishes the sab0t seevrs Another dress of the
colors has o short skirt OF amethyst silk and q
trained overskirt, made precisely like an ordinary
trained skirt and leoped high on the hips TO show
the nOnnced SKIRT beneath. This affords another
hint Ia ladies fond OF variety they IN this way
wear together any two dresses Of pretly contrasting
coOrs,
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27

GOVERNMENTS QUIET.
The government list was STEADY, and very little
doing. The street prices this evening at the
close follows:-Unlted States currency skies,
11oz a III; United States skies, 1881, regis
tered, 1l3s< l13h; do do, coupon, l1S4 q
113h: do. 1vetwenties, registered, May and No
vember 1907. 1917; do. do. 1862, coupon do, 1919
l07A; do. do, 1864, do do, 1867 1O7; do. do,
1865, do do, 107 a 1918; do. do, registered
January and July. 1905 1925; do. DO, 1866,
pom, do, 1895 1925; do DO, 1867 do. DO, 1094
l09n; do. do, 1868, do. do, 109T 1895; do.
ten-ores, registered, 1861 1865; do do, coupon,
1867 1863.
STOCKS DULL AND IRREGULAR.
The stock market unsettled and generally
lower, but the fluctuations unimportant in
most OF the list. There was disposition the
part OF dealers to wait to the beginning or the
new week before entering engagements.
The following were the closing prices at the last
session Of the Stock Exchange:--Ca Company
67& a 20; Western Union, 4Sll 43sS; quicksilver,
So; Marposa, 6I III; do. pre-
ferred, 1925 III; Boston Water Power, l94
1871; Adams Express, 64s > 65; Wells
Fargo Express, 82I a So; American Elk
press, Az 49,; United States Express, a51S
361<; Pacific MAIL Ala AZ; New York Central
consolidated, 92l5 92ss; do. scrip, seH s6'4;
Erie, PA PAS; do. preferred, 49A q 81; Read
ing, 1913 101S; Michigan Central, 1909 12l;
Lake Shore, 937s q s3H; Panama, rs 15H;
Union Pacific, 22h 22&; Illinois Central, 135
1856; Cleveland and Plttsourg, 1o6 1867;
Chicago and Northwestern, so1a a 81; do. pre-
ferrcd, 90 eOh; Cleveland, Columbus, Gin
cinnati and Indianapolis 81; New Jersey Central,
10s a 1OS1a; Rock Island, Ill., 1l11: Milwaukee
and st. Paul. 6os 6oss; do. preferred SIS. s1A;
Toledo, Wabash and Western, b2a 52 do. preferred,
rs IS; Fort Wayne, 94h a OAK; Chicago and Alton,
lis 1854; DO preferred, III 1le; Ohio ana Mis-
sissippi, 81. 80; Delaware, Lackawanna and
Western, llO14 110s; Morris and Essex, 9lsS a
9lI; Boston. Hartford aid Erie 31s q 4; Hannibal
and st. Joseph, 104A bid; do. preferred, 114h bid;
Columbus, Chicago and indiana Central, Is a 1871.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and
lowest nrices of the leading stocka dnrinn the dau.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
The following table shows the highest and
lowest prices OF the leading stocks during the day.
CITY RANK SHARES

The following were the bids to-day for the city
bank shares:-New York, 1879; Manhattan, $50; Mer-
chants, 1le4; Mechanics, 1871; Union, 1877; America,
l45; City, 30; Tradssmen's, 1521s; Mechanics and
Traders $50; National, 116; Merchants Exchange 1903;
Leather Manufacturers, 1885, Seventh Ward ITO; State
Of New York. lo4; Broadway, 800; Ocean, TO- Mer-
camille, 124; American Exchange u; Bank of
the Republic ia; Hanover 100; Irving, lis; Metro
politan, 1856; Grocers' lls; Market 124 Nassau 1885,
Shoe and Leather, 1853; Corn Exchange, 1913; Cont
mental, s5; Commonwealth, 90; Importers and
Traders, 1853; Park, 16S; Manufacturers and Mer-
chants, 100; New York National Exchange, 100;
Central National, los; Fourth National, 1917;
Ninth National, los; Tenth National, 1917; Oriental,
l547s; Cold Exchange, CT.
THE RAILWAY MORTGAGES.
The following were the bids for the railway mort
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27


MONEY EASY.
The money market presented the almost stereo-
typed features which have characterized 1t for some
time past. On stocks the rate was five to six per
cent and governments from four to 1--WE per cent.
In discounts there is decided relaxation, and rates
for prime acceptances are quoted OK per cent,
with the majority OF transactions at TX per cent.
Foreign exchange was duh ana steady, on the
basis OF 100 a 1904 for prime bankers sixty day
sterling and ITO a 1lo1s for sight bills.
GOLD srEADY-1lIZ A. l2.
The gold market was steady bat lower. The ad-
vices from London were Gnfavorabe to any specua-
ton for rise, and when 1t was announced that It
was Lord Granville who had rendered his resigna
ton from the British Cabinet and not John Bright
holders began 10 realize. AT the Same time i've
twenties were only steady in price, and checked
further decline after the price had yielded from liz
TO NIX. The course Of the market is shown in the
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27

one mortgage Is taken TO secure the same debt
mortgage has to pay the full stamp duty requir ed
by law
TREASURY DEPARTMENT.
OFFICE OF INTERNAL REVENUE
WASHINGTON, Nov. 0, 1870. }
SIR-H. f. Hatch Esq, Counsellor 1T Law, 1874
Nassau street, New York, has written TO this Office
proposing the following case:-
client has taken q bond for $5S, 900 from his
debtor on which are placed and cancelled United
States internal revenue stamps OF the valae OF fy
three dollars.
TO secure this bond he takes a mortg &c for the
same amount on real estate and another per-
sonal property
The question IL, whether either, and il so which,
OF the mortgages requires to be stamped, the bona
being stamped at the rate OF mortgages, the flll
amount required for one mortgage
In sectl II 100 of the act Of June CO. 1854 amended
section Of the act oil March 3, 1863 unerna Reve
nue. compilation, section 1907, 1t Is provided that
whenever any bond Or note shall be secured by
mortgage but one stamp shall be required to be
paced thereon shall be the highest rate required for
said instruments or either OF them.
Under this section, il the bond was stamped
each mortgage would evidently require stamp
the only mortgage. Series 8, No. 10, page TO- J
II the stamps are placed upon the bond the same
amount would be required that Is sufficient TO
both mortgages as each mortgage secures $53, 900.
makes no difference upon which OF the papers they
are placed.
But as prirld Jdcie evidence OF the payment OF
the tax a memorandum OF the value OF the stamp
attached should be made upon the unstamped in
strument net matter OK law, but for the conye-
nience and facility In Inc use OF the papers.
Very respectfully, J. w. DOUGLASS.
Acting Commissioner.
ALFRED PLEAsONTON, Esq, Collector OF Internal
Revenue, Thirty second district New York.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27

In the gold loan market the rates ranged from four
per cent for carrying to nat for borrowing The
operations OF the Gold Exchange Bank were as
fOllows:-
Golu cleared 30OO
Gold balances. l,743,l91
Currency balances. Observation-Disclosures. 1892
The City OF Brooklyn, for Liverpool, took out
$166, 600 III specie.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27

higher prices. The Tennessees have also sharply
reacted from the recent decline. The following
were the closing street prices:-Tennessee ex
coupon. co., a 81; do, new, 594 60; Virginia
ex coupon, GA a IS; do, new G3 u "a: Georgia SKIES
so a 81; do. sevens, 81 90; North Carolina, eX
coupon, 4724 4s1i; do, new, 261s 2T d. special
tax, 20 q; Missouri skies, 9l2l 81; do. Hanni-
bal and ST. Joseph, 9l1a 90; Louisiana skies II u
70; do, new, 81 90; do, levee skies, y 70; do
do. eights 80 a OIL: Alabama fves 10 "; do.
eghts, Iol 1903; South Carolina skies IS 90; do,
new, January and July, 7o1a II; do. do April and
October, IS 20; Arkansas SKIES IS a Co. do. seyens
Go a S.
THE IMPORTS OF THE WEEK.
The imports other than dry goods and specie at
the port OF New York. from foreign ports, for the
week ending November 25, 1870 were 100000.
The following shows the imports or foreign dry
goods at New York during the past week and since
the beginning OF the year =
For The areeh. 1868. 1869. 1870
Entered at port. 244, $40 $l,I6ssi7 1852 s37
Thrown on market. l,22l,2s3 l,22o,9s0 1.5e4,S
Since Jan. /.
Entered at port 70, 4o7, sls $1,000 es1 997,6,1es
Thrown on market 7S3o7.544 S7,709720 lol 1897 1s
The total imports at this port Tor the past week
were $5,s9e,7s7, against $6,2l9,745 the previous
week and s. 49, 6o7 for the correspondin week OF
last year.
THE SPECIE MOVEMENT.
The following Is detailed report OF the specie
ported from New York during the week ending
November "a, 1s70:-
November e3--Steamer Colorado, Liver
poOl-MeXican silver. ST. 200
American gold ..................... 29C0o
pool--Amerlcan gold. .................. 1860
American silver. OBSERVATION-DISCLOSURES 3g,450
November 23-Steamer Tarlla, Liver.
pool--sver bars. ....................... Io7, $40
November 23-Steamer South America,
ST. Thomas-Amercan gold............ $1,000
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
FINANCIAL and COMMERCIAL.
WALL STREET,

WALL STREET,
SATURDAY, Nov. 26-0 r. MI
On 'Change to-day wheat was firm and shade
higher, with good demand for export The cotton
market was dun and prices fraction lower.
THE COTTON MOVEMENT
The cotton movement for the past week shows
large decrease In the receipts which were 1860
bales against I22 1873 the previous week. The total
receipts since september are 9ls, sos bales against
900 322 last year. showing an increase OF 122. 3s1
paes the exports from all the ports for the week
were s. 433 bales against TO- 62l bales last year. The
total exports this season are 49, sos bales against
37s 4G bales last year. The stock at all the pors
1893, 734 bales, against 27s, 4sl bales last year.
THE BANK STATEMENT.
The weekly statement OF the associated banks IL,
strictly speaking, unfavorable but the changes are
reality only trining. The only feature OF importance
is a decrease or about quarter OF million in the
legal reserve owing to further loss in greenbacks,
which is accounted for by the Treasury operations
OF the week, which gave the street million of gold
and took out or 1t million Of currency the later
operation OF buying bonds not appearing in the
weeks statement. AS the deposits have been over
drawn by about half million. the surplus reserve
is impaired by about only $4,000. The statement
contrasts with its predecessor as follows:-
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
MORTGAGE REVENUE sTAMps-Impoa1AST DECISION,

II will be seen by the following decision OF the in
ternal Revenue Department that where more than
mortgage is taken to secure the same debt each
mortgage has to pay the full stamp duty requir ed
nv law
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-27
MONEY EASY.

The banks now hold gI3, 356 900 aDOvc The reserve
by law.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1870-07-28

REDUCTION or THE BRTlsH DEBT
Tic present government Of Great Britain,
II is said, is the most economical she has
ever had, and It's achievements in steadily
reducing at once taxation and national
debt arc worthy of imitation. In the first
quarter Of the current financial year the
receipts Of the British treasury exceeded
the expenditures 50 much that a surplus
Of Ct, 500, 900 was leit, for which there
was no use whatever except to extinguish
the debt, and It was applied accordingly
to the purchase Of consols. The prospect
is that the surplus will be still greater for
each of the remaining quarters OF the
ycur, and that more than G6,SOQ10OO Of
debt will he cancelled out Of the current
receipts. Besides this, u portion OF the
principal Of tic debt has been converted
into terninablo annuitiesisO that the cur
rent expenditures Of each year actually
include about G2,7O0OOO OF the capital
sum owned By the Government. Thus
the debt is practically diminishing Ut the
rate Of gO,5OO.OOO, Or $4O,OOO,0OO per an
mum, i.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1870-07-28
uAHAFPY3FAMILY.,

10 no tHetiing EatbltgeAeer. ssa u
Wiltgotl,per one, wllpis Interested
t,J.aBk ATr. Lewis Baker Of the ReJtSterS
tlIfee questions, In relation 70 part Of the
proceedings Of hi Convention, which has
bean In session this week nj tile Court
House,.
l. WHO gave him the trratten pledge
Of u. Lamb, Esq, to abide by the decision
Of the Convention, which he had read on
A[Onlayy
9. Was it not forgery gotten uptOF
the express purpOSCl Of defeating Nlr.
George Forbes and John W. Boring Tor the
for the Legislature, md was
It not done will his acknowledgement APP
prOvalf5 ~ y %E
3. ApAy-ifhOt H'foEg6ry Als hthe only
pledge that was read to the Convention
That cannot be found2
IT. Mr.. Baker will answer these 9ues-
lions trutACulIy, he will shed some light
not only on my mind, but also on the
minds Of great many Democrats, who
arc now under The impression that tue
whole affait Was trick on Mr.. Bakers
mart 70 kill OF tbosG enemies. ',&',
One thing Is certain, and that y, that I
SIr. Lamb has positively stated to severa!
pesous that "he never wrote a pledge,
never authorized. any person TO write one
for him, and tliat lis name went before the
Convention without ttlopl his Ky knowledge OF
SO lis letter ia. the Convention declining
the nomination confirms tliis. Tie says :
{" I regret to karn from heaiorning PgperI
that1 have been nominated etc. Would
ID intelligent gentleman Ike Mr.. Lamb
tise such language If he had authorized
Nj. B. TO pledge him tho day bef0rey \
Mr.. Lambs statements, in public and prl
vate, don't show that Ht. Baker
either in person OF by proxy-llas beer
indulglng lii small pieces Of forgery, then
Messrs. Editors, confess myself unable
TO put anything like q fair construction OF
some very plain facts. DEMOCRAT.