davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1871-02-13


The upward movement In the government list con-
stituted the real feature Of the week. The advance
averaged fully one per cent which in this depart
ment represents unusual activity and buoyancy.
The ease OF the money market was the foundation
OF the RISE but the affair OF the Joint High Commis-
sion and the anticipation OF treasury policy favor.
able to higher prices as means to the rcfunding
OF the national debt were also assigned as influences
cooperating 70 produce the remarkable ad-
vance. The best prices were made In
the forenoon OF Saturday, subsequent to which time
there some reaction III the issues most likely TO
, tempt transfer OF bonds from London to New York
The significant feature Of the movement is. the en-.
hancement or the currency skies, which, although
the interest is payable In paper money have on ac
count Of the permanence Of the investment (thirty
years. less such time has expired since their issue
to the Pacific and other Western rallroadsj advanced
to ll24. At the close on Saturday the following
were the street prices:-Unlted States currency
skies, 1l2 1l21s; do slxes 1881, registered, 114t
1l4,s; do do, coupon 1l41s 1141s; do. fve.twen.
ties, registered, May and November, 11lA l1l1.;
do. do, 1852, coupon, do, ll2js 1i2ss; do. do,
1854, do. do, ll1H l1l,s; do. do, 1865, do do,
111,l lily; do. do, registered, January and
July llO14 1loll; do. do, 1885, coupon, do 1los4
l1o7i do. do, 1857 do. do 11OI. lloas; do do.
1868, do do, 1lo4 H. do tenlortles, registered,
q WA Nv. uo., CVupVn, III lllts.
THE STOCK MARKEr.
The stock market was IN the main dull, but firm,
and prices Tor the week show an average advance
of about one per cent. Contrasted with tue rates
for money there are many diyidend.paying railway
stocks which selling at cheap prices bat specu-
lation In them has limited business to purchases by
parties who can pay for them out and out aud take
the maway rom Wall street, where clique manpuia.
tion has so often dsproved the power OF holding
even the best class OF stocks on the usual margin.
The only sensation OF any moment was toward the
close OF the week, wnen 1t ,ranspired that
The Erie Railway Company had executed q new
consolidated mortgage for $50, oo0 600, OF which due
notice has been given to the Committee on Securi-
ties at the Stock Exchange, the object OF which
is TO provide fund for taking up the several
existing mortgages as fast as they mature,
reducing the bonded debt Of the road TO
q uniform character. The sum requlred for
this purpose is $24,00o,ooo, leaving surplus OF
SO, 0O0. .0O0 which, 1t Is rumored on the street, will be
applied 10 the laying Of q third rail between New
York and Buffalo and the purchase OF additional
equipment for narrow gauge connection with the
Great Western, OF Canada, ana Michigan Central
railways. The Farmers Loan ana Trust Company
are the trustees OF the new mortgage. which was
executed some time ago. but not made public until
Saturday. Meantime the details Of the new loan are
The New York herald., 1871-02-13

me net receipts at this port day 00 bales
an United state& ports ~ t8 bales against bales
aay Last week The market deliveries cossi r
lioo per o advance on all the months March the
1svoe month the sses oE this month reaching 1000 bales
2. l4hs 500 gI6c, March, 800 al il piso, $50 AZ
2o9 at llsc coy at April, 700 at l44c COD
June YcS S g IA. !. = ise Also Yesterday .sr
March M 800 st 4fS 100 4 Nslc April 400 IEsc May.
v IVY ~ Dc. Sane W 100 oOo Tree ON board daiveston
500 bsls. The sys.gs prices Of Yesterdays rsnsseon:
Heac April h7lo. NAY. lA,s7c., june, l6blo.
COtFKE-The market Tor Rio continued strong. The de.
mAnd was rar and sass made Of s7b bags per
test and M bag. per Feya private terms Other kinds
Ise aloSs fs,,, iisc. good ii5ss PRIME
Eve all gold n bond sixty days and MAracaibo.
pS as9 H. Lsssg.SIs ss1 4S is0 p DSmlngo an OOndj.
FLogs AND GRAIN Receipts, 64l{ lbls. aour, 400 do.
and o0o bags corn meal 870y bushels wheat corn
and 33S do, oats The nour market ruled
inquiry The sale: were about Is6Oo bbs Including extra
state, for Shipment at 36 w @7 OF which 5000 bbs were
sod for delivery first half Of March at the outside price
Pennsvivana and ~ a. "a ra ona u,, ~ 70 20 ~ Ior
steady With sales OF so bbs yellow western at 3 % for
a
The New York herald., 1871-02-13

prisoner and 10 Ia necessary that ne 10 free. We
should constantly pray for the welfare OF the Holy
Father and INT our voices against those false
maxims which are now so common God In his
own good !ime, VIII bring all things right II not
now, certainly at the last day when ne Will justify
his ways 10 men and truth and Justice and right will
DO triumphant ana reign forever
In the afternoon the Bishop administered the
sacrament OF confirmation to about 30 bOys, lao
girls and 50 adults. he also preached ON the sacra-
ment before administering It. The ohurch was
crowded BY the chidren's friends and others
an Xl0us to witness the imposing ceremony
The New York herald., 1871-02-13
FOREIGN EyOUANGE,

FOREIGN EXC HANGE.
Despite the qualified demand for bills the foreign
bankers have maintained tho rates for exchange on
Europe, policy in which they were supported most
OF the time by the prospect that the sharp advance
In the domestic prices OF 1vewenfles would not only
limit the supply OF bills, but lead to demand FOR
remittances against the return OF bonds to this
market to earn the difference between the prices in
London and New York. Commercial bills were
scarce, and commanded almost as good rates as
bankers.
THE GOLD MARkET
The gold market was on the whole declining
one. It's earliest weakness being attributed TO sales
on the part OF the operators who had previously
taken hold for q short rise. Midway OF the week it
became steady OF 11la< on the prospect Of return
Of nve.twenties from London, but after the nelli-
gence of the important negotiations between the
governments OF Great Britain and che United States
for .he appointment OF a JOINT High Commission TO
settle the Alabama claims and fishery questions,
and the eventual upward movement OF our bonds In
London, where the '62s rose TO 91I< on Saturday
the price fell or to and closed at 1l1X The extreme
fluctuations daily in the price OF gold during the
FNl
The New York herald., 1871-02-13
in she hands Of the committee. who promise an

in the hands OF the committee. who promise an
early report to the stock Exchange. IS Ft
THB FINAL STREET QUOTATIONS..
the following were tho nnal street quotations Sat
urday evening OF the leading speculative stockss--
Western Union Telegraph. 40 4o&; Pacific Mall, A3s
43k; New York Central. consolidated, 04,< . 94T;
New York Central. scrip. 00x OIL; Erie. 23K 23><;
Reading, s01s 9sA; Lake Shore, o4x OAK; North
western, 7b% 75H; 40. preferred. 86H sok; Rock
Island, 1o7 107x; 81. Paul, "a SAX; do. preferred
7ox 75k; Wabash, SAX Q 81; Ohio aud Mssis-
slppt, 36k a sax,
The New York herald., 1871-02-13
FINANCIAL And COMMERCIAL.
WALL SIRE ET.
SUNDAY, Feb. IL, 1871.


THE GENERAL TRADE or THE olTY
during the past week was dull in the line OF dry
goods, although rather better feeling pervaded
the market and more confident expectation was
entertained OF fair trade ~ soon as tho winter
breaks up. The exporters found more to do, and
the prospect or peace In Europe led to large pur-
cnases OF wheat, both for shipment and speculation.
The cotton market feels the effects OF heavy CROP
and prices declined.
IN WALL STREET
business, compared with previous years, shows
marked falling or In the volume Of transactions,
although . strict analysis would doubtless reveal
the fact that the current dealings include larger
number OF strictly legitimate investments than has
been made at any corresponding previous season.
But In Wall street the transactions have always been
sweed by operations margins. and 1t Is the dImi-
mutton OF his kind or business which is telling 80
greatly against the profits Of the commission
houses. Evidence OF this state OF things will be
found IN perusal OF the olcia record OF the daily
sales ut the formal sessions or the Stock Exchange
which show large proportion of transactions in
railway and miscellaneous bonds, which are sought
for their interestpayng capacity rather than from
any expectation OF sudden advance in their price.
There are people who, no matter what the general
condition OF the country. always getting rich,
and such people the present buyers Of these
increase 1t shows that the country despite the evils
OF the currency and banking systems is prosperous.
The diminution Of the speculative and the increase
of the legitimate business OF Wall street are there
fore very encouraging sign
THE MONEY MARKET.
The money market was steady and easy at four to
five per cent as the general rates on the usual COL
laterals which the brokers submit to lenders.
Where these c0liaterals were government bonds or
first class railway stocks borrowers were almost as
rule supplied at four per cent. On the former
securities some loans were made, exceptionally at
as low as three per cent. Four per cent was, how
ever the fair rate In the majority OF transactions.
In discounts there has been very natural decline
as a sequence of the low rates on call. and prime
paper was readily taken at seven per cent, with
some sales at as low as six ana half per cent First
class bankers paper could be negotiated at six per
cent.
THE BANK STATEMENT.
The weekly statement OF the associated banks
proved very favorable despite loss In specie, the
effect Of which had been largely overbaanoed by a
gain In legal tenders. The items do not all ''taly,n
but the general result Is gain by the banks In sur
plus OF 00o the addition or which
now brings the surplus up to nearly $50, ,OOO. 00o
The statement contrasts with Its predecessor as fol-
The New York herald., 1871-02-13
COMMERCIAL REPORT.

SATURDAY, Feb N--8 r. n.
CorToN.Tho market opened quiet and weak, but subse
queny improved on moro favorable Liverpool advlces and
closed firm slight failing or In receipts the ports
Low middng and the better grades most noticsaby
affected quotations appended indicating Of
c per H. ON those qualities the quotations yester
day The grades werc steady but without substan
tal Improvement being sAl neglected and comparatively
plentiful the sales today were ol8 bales, including 2
bales Tor EXPORT 40 bales for homo consumption and 25
balea o spocilatOn. va au0ta
The New York herald., 1871-02-13
BROOKLYN CHURCHES.

The Popular Prophet Of tho City Of Churches on
Love, Charity, U itarianim and Universal
ism-Tho Rev. DR.. Buckley on tho Great
Theological Virtue Of Hopo-Fine Dis
courses and Large Congregations
The New York herald., 1871-02-13
r ELIcIOUs. S .
CONTINUED FROM EIGHTH PACE.

the benedicton and the extending OF the crucinx
which the congregatien approach ana kiss on the
eyes and feet.
The Republican journal., 1871-10-12

When our Bangor neighbors undertake
to be hospitable and to entertain their
friends, it is always done in the most ap-
proved style. The reception Of the Presi-
dent and the opening of the European
road next week will be probably the
greatest gathering ever witnessed in our
State, and one to which Bangor will do
full justice by the extent Of preparations
and the unbounded hospitality of her peo-
pie. Besides the distinguished guests
who will honor the occasion with their
presence, there will be a parade of all the
| military companies Of the state; display
and competition of steam and hand fire
engines; a regatta upon the river, &c.
Committees of the citizens have been
| formed to provide lodging and meals for
| the strangers that cannot be accommodated
| at the hotels.
| The reception of the President on Tues
day evening and the military escort
through the Illuminated streets will be Il
grand spectacle. In short, from the re-
| ception to the return Of the excursion
over the road to ST. John, which starts on
| Thursday morning from Bangor. there
will be continued gala day. The
steamers of the Portland and Sanford
| lines, and all the railroads, will issue halt
! fare tickets
The Republican journal., 1871-10-12
North Knox Agricultural and Hortcul'
tural Society.

This Society held their third annual fair at
McLains Mills. Appleton, last week, and Sus-
tanned their former reputation for getting up Il
successful show. The society has no Agricul-
tura Horse Trot in c onnecton with it,
The show of Neat Stock; Horses, colts, Sheep
Swine and Poultry, was very large, Numbering
some 200 cattle and horses There were 40
yoke of oxen, mostly upward Of seven feet
girt; cows, heiterS and steer. rs nice AMI large
breeds are not brought in,
Two public halls were occupied by the house
hold and farm products. MeSSer'S large hail was
taxed to its utmost capa city in displaying the
fine quilts, rugs, needle work and fancy articles
of almost every description. 4 line dis play of
musical instruments. manufactured in Union,
was nude in the hall, which when one Npnfurci
to touch the keys, showed Supe rior tone
Peases large hail was filled with The products
of the orchard, field and garden. The show OF
apples was very large. and sand by al To have
been the handSomeSt ever shown by the society.
Some ten varieties of wheat We're on exhibition.
the statements showing good yields. Rye,
barley and oats made good show. The sam
pies of corn We're excellent, but not so many
in number rs on former occasions. OF POTATOES
10 varieties of large nice ones were exhibited.
The diary was well represented by tubs Of nice
butter and large chce>es. Native Wines Pre-
serves, JellieS and canned fruit were largely
shown; also small fruit
Much fihc success Of the show il luc 10 the
committee Of arrangements atti The general
agent, also TO the citizens of the village. ON
the second day, an able address was delivered
by A. l.. Bartlett, member of the society.
NORTH kNpN.
The Republican journal., 1871-10-12
Letter from Bucksport.
Correspondence of the journal.

BuCNsroRr, Oct. II, 1871.
Al meeting of the subscribers to the stock of
the Bucksport Bangor Railroad held here last
evening. the following gentlemen were chosed direc-
tors
Daniel Sargent, 2d, Brewer; Jacob W. Palmer,
Bangor Richard L. Buck, New YORK; SeweH Il.
swazey, Joseph L. Buck, Frederick Spohord, and ~.
i. Hill, of Bucksport. Subseq uently the Directors
elected Sewell b. Swazey, Pre-ideu. and Edward
Swazey Clerk and Treasurer.
It was also voted to instruct and empower the die
rectors to issue first gage bonds, not exceed
twenty thousand dollars per mie, at six per cent. in
terest PAYABLE in gold. Remarks were mady by Col.
Gowen OF Boston, 1t Will be remembered that this
gentleman employed by the Russian govern
men to raise the sunken vessel at sryastopol after
the Crimean war,-and had superintendent the con-
sruction OF over two thousands miles of railroad in
that country. lie stated that il his opinion that
Il more profitable section OF road could scarcely Doe
built than this, as 1t would be the natural outlet to
the sea or the European and North American RAFT
road AS evidence of his opinion he ubscribcs ten
thousand dollars to the stock. Speeches were also
made by Richard r. Buck of New V rk Dcu. Daniel
Sargent 20, OF Brewer, and many others.
The Congregational Church was formally opened
last Sabbath after having been closed for repairs
during the summer. This church cdiiict is now an
ornament to our villase-haying been completely
orerhauled reseated beautifully tresc0ed and iurn
ished in a superb manner. The late Daniel ROBIN
son lett by his will one thousand dollars to be CN
pended about the altar with the understanding thar
the following inscription should be placed oyrr 1t
"What mean We by this serviceH' Tie lighting rs
by splendid chandeliers gift OF Mrs. Richard Buck
and sister, OF New York. This society is IN very
prosperous condition. Last "Wednesday evening
the sale OF pews took place they were al disclosed Of
at premium except very few that are now sol a,
and more are called for.
ton this week and making An excellent display.
IIANtutk.
The Republican journal., 1871-10-12

SAT- LAKE CITY, oct. .. Brigham Young
accompanied by number of Elders, appeared
at The Court this afternoon, and was held to
bail in 5000 to answer tor his appearance be-
fore Judge Mexican. He is quiet and dgnihed,
but he seemed evidently very feeble. Brigham 5
counsel first put in plea of abatement, which
was oVcrruled; the next movement was 10
quash the indictment on the ground OF the IN
dictment enumerating sixteen different charges
alleging that he laSciviously cohabited WIN SIX
teen different women. During the argument
in this question, Brigham retired. Hemsteat
for the defence, will continue speaking to this
motion tomorrow. Everything is quiet to-
night although multitudes of rumors are in
circulation that in the event OF conviction there
NAV he trouble. 1t VIII scarcely be otherwise.
The Republican journal., 1871-10-12

The drouth now prevailing in the West
has not been equalled within twenty-five
years. All through Central and Southern
Illinois the wells and smaller streams are
completely dried up and the inhabitants
find great difficulty in obtaining sufficient
water tor household stock. The soil is so
dry that blowing is impossible The
drouth extends further north and to Wis
cOnSin.
Fires in the woods and on the prarics
| are prevailing in every direction in the
Northwest including Michigan, Illinois,
Wisconsin, Minnesota and Iowa. 1t is
believed the flames can only be arrested
by heavy rain The country is rs dry MS
finder. In Minnesota the great prairie
fire is still raging with undated fury, al
though the slight rain of yesterday arrest
ed its progress for u little while, It's
course is southeast and at the last ac-
counts it had reached nearly as far south
as the Minnesota RIVER which, it is hoped,
will stay its further progress. The wind
drove the fire forward with lightning
rapidity and it was burning liercely in the
big woods around Glencoe, Megur, Man
kato and New Elm. Reports of the ray
aoes of the fire fiend are coming in con-
stantly, though evidently exaggerated.
Only two lives are known TO be lost A
Swede named Conneaut. Of kandiyoct
county, and q man, name unknown, who
started from the same county with y drove
of cattle for Fort Garry, was overtaken
by fire. There is no means of ascertain
ING the amount of damage done owing to
the large tract of country over which the
fire swept and its inaccessible nature, but
it must be very heavy. Many small
towns are completely destroyed, and the
solitary farm houses in the track OF the
fire are almost universally burned. The
suffering must necessarily be great as
many farmers lose everything, homestead
live stock, crops, with long winter close
upon them.
The Republican journal., 1871-10-12
The Elections,

In the excitement over the Chicago fire.
the returns Of the elections in Ohio and
Pennsylvania, which took place on Tues
day, are ovcrshadowed we arr with
out anything to indicate the result up to
the hour of going TO press. Serious riots
broke out in Philadelphia, in which many
men were killed and wounded The
military was called out.
The Republican journal., 1871-10-12

WHAT CONSTITUTES AN AMERICAN
SHIP. Two ships are to be built at Port
land, 4 suburb of st. John, n b., under
rather peculiar circumstances The keels
and frames were prepared in East Boston.
and are to be brought to New Brunswick,
where they will be set up and the ships
built and completed. 1t is understood
that the reason for this is, that by this
means the vessels can claim registry in
the United States as being American bot
toms. There never was an act passed, it
has been said, through which coach and
six could not be driven, and it will be a
lucky day for some of the ship-yards OF
the Dominion if this evasion of the naviga-
ton laws Of the United States should prove
successful. With the facilities for build
ing wooden ships which we possess, and
the much greater cheapness with which
they can be turned out, it is not difficult
to see that this would only be beginning
of lucrative trade, in spite of what
must seem absurd restrictions against the
ship-owners. 1t is not likely, however,
that such state of things will be allow
ed to continue long, unless u change
comes over the policy of the Unit ed
States Congress. Montreal Gazette.
The Republican journal., 1871-10-12
Large Fire in Charlestown.

On Friday, three buildings, constitut-
ing the freight departments OF the Fitch
burg Railroad. were burned with all
their contents. Miss Ada Il. Andross,
principal copyist in the freight depart
ment, was surrounded by the sudden
bursting of the flames from kerosene and
other intlammable freight ana burned to
death. Her parents reside in Oswcgo, n.
Y. Others in the building narrowly es-
capped The fire caught from the sparks
of an engine and spread with fearful IA
pidty, the flames being fed by exploding
oil casks and kerosene. There We're three
buildings burned in all, occupied re-
Spectiyely by the Cheshire, Vermont x
Massachusetts and Fitchburg Railroads.
Within an hour after the alarm the high
walls Of the main building fell, and the
entire easterly half of the immense line
of freight houses, extending about 5000
feet We're burned to the ground.
The Republican journal., 1871-10-12
The ST. George Homicide Trial.

The trial Of Frank smallcy, indicted for stab
bling and killing William Jones. at Sl. George,
in February, 1870, was concluded 1t Ruclland
on Tuesday. After trial Of four days, the jury
rendered Il verdict of not guilty. The accused
acknowledged the killing. but plead justification
in self defence
The Republican journal., 1871-10-12
The prohibitiOnists of Massachusetts arc

The prohibitionists of Massachusetts are
in the field with their State ticket. At y
convention in Boston last week, they nom
mated Robert G.. Pitman of New Bedford
for Governor, and Eliphalet TrasG of
Springfield, for Lieutenant Governor.
They will not poll an immense vote. The
Labor Reform Party has nominated for
Governor, E. ii. Chamberlain.
The Republican journal., 1871-10-12

Of all the terribly thrilling accounts
which we ever published, involving the
life of single human being, the one in
another column which gives the particu-
lars of the fall of q man from 4 balloon
surpasses them all. 1t is story to make
tho reader chill with horror.
The report that = Camden woman
whipped her husband is being Indignantly
commented on. A correspondent Of the
Herald says that "the idea of Camden's
springing aleak in that quarter was too
much to believe" We should think so.
We call the attention of the radical
papers to the fact that the Illinois Demo-
cratic Convention passed resolution IA
voring the revival of shipbuilding- which
rather overturns the assertion that west
ern and southern Democrats oppose that
industry.
Those South negroes are getting to
be rs bad as the Ku Klux. At the Savan-
nah election one half of them voted the
Democratic ticket Hasn't the admins
tration any soldiers to spare?
The Republican journal., 1871-10-12

Wouldn't it be good time to egin a genu-
inc, old-.ashioned ''moral suasion' temperance
agitation, and restore Maine to her old proud
place as the leading Temperance State in the
Union: Portland Press.
That's an excellent suggestion, and
nothing could be more oppportune. The
state fairly reeks rum, which is dispensed
as freely rs water. The fallacy of the pro-
hibitory law rs ameans of establishing tenn
perance, having been proved, as its friends
must acknowledge, the present is an excel
lent season for going back to the sound,
reliable and approved mode of persuasion.
Abolish your town agencies. Knock in
the heads of the casks ut your fountain
of wet damnation at Portland and let the
state Of Maine no longer occupy the
ridiculous position of holding out penal
ties for rum selling with one hand and
dealing out the article with the other.
Let the state no longer be q manufacturer
of drunkards, and herself the chief rum
seller while imprisoning men for selling
rum. Let the shame and the scandal OF
the whole business be wiped from the
record Of the state, and then inaugurate
the blessed old plan of self-reform-the
only one that ever was eflicacious-and
the cause Of temperance will again pro-
gress. The present policy serves only to
furnish facilities for Indulgence, and in
vite ruin.