davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13
FINANCIAL and COMMERCIAL.
WALL STREET.
SATURDAY. August l2-6 7. NJ. {
GnIn lIolf

WALL STREET. I
SATURDAY August l2-6 i. NJ.
GOLD ll2H.
The gold market took a further improved turn to
day and advanced 10 1l2h upon the continued pres
sure Of the holders of long gold in demanding high
loaning rates. The market opened at l121l. and
shortly advanced 10 l12sl before eleven O'Clock,
reaching ll2M few minutes after noon. The rates
for borrowing at this period ranged from 1l6 to 4.
to Monday the bulk OF the business being done
above 5-64. Towards the close OF business the rate
fell or to l32. Gold, after the advance to l12k, was
fairly active between that figure and 1925, closing
firm at 1l2a. The short interest IS being gradually
absorbed by this advance OF the premium, and the
report OF the Gold Exchange Bank shows that the
greater part of the cash gold withdrawn yesterday
was returned to the street to-day. The following
are the items Of the report:-Gross clearings,
s67, 10000; gold balances, s2,465, 429; currency
balances, $2,s96.553.
GOVERNMENTS STEADY.
The business connected with the placing OF tho
new loan under the new departure has temporarily
distracted attention from the regular list, and busi-
ness to-day was almost stagnant, but few bonds
being offered. Prices were steady throughout the
day and closed strong, as folows-United States
currency skies, 114Ss us; do, 1881, registered,
1l7i 1l77k; do. DO. coupon HTS 117S; do. five
twenties. registered May and November, 1881 ia;
do. do, 1862, coupon. do, l14I l147s; do. do,
1854 do do. 1l3yS ia; do do, 1886. do. do, 1l4%
ll4}s do. do, registered, January and July 1928
a 1134; do. do 1855, coupon. do, 1l2A 113; do.
do. 1857 do. do, 113,s 1877; do. do, 1868, do
do, ia lI4I do. ten-forties, registered, 1924
1922; do do, coupon, 113s< 1879.
STOCKS DULL AND STEADY.
The movement in stocks tapered or ut the close
of the week into what Is known as a brokers' mar
ket, and prices to-day were generally steady, nuc-
tuating within a narrow margin. The only features
at all above ordinary interest were Union Pacific
western Union, Pacific Mail and Northwest. The
favorite Of these was Union Pacific, in which the
transactions were somewhat heavy, although
toward the close Pacific Mail was strongest.
The most active period Of the market was after the
publication Of the bank statement. which, proving
more favorable than was anticipated, gave an I'M
petus to purchases. At the close prices were on.
THE EXTREMES.
The following were the highest and lowest prices
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

THE FOREIGN DRY GOODS MOVEMENT
The following shows the imports OF foreign dry
goods at New York during the past week and since
the beginning OF the year,
For The meek. 1869. 1870 1871.
Entered ut port S258l 92S 81 l l96 4,O3s 796
Thrown Oh Market. 1850, $50 2,0l7,104 1855, 8fS
Since jar. l.
Entered at port CO. O36 230 60 4O3 GOO 81 Os3 100
Thrown on market. 56,7l6O6s CO. 75s,52s 79.i4o l2s
THE NEW LOAN.
The subscriptions 10 the new loan day amounted
to SO, 600.
REVENUE RECEIPTS.
The receipts from internal revenue to-day were
s476000, making a total Tor the present month TO
date OF $3.50 900, and OF the fiscal year 10 date OF
Sl9, $4,000
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13
NEW PUBLICATIONS RECEIVED.

From Charles scribDer Co:-"France and
Hereditary Monarchy By john Bigeow. John
Jernlugham's Journal"
From A. S. Barnes Co. "a Brief History of the
United States.r For schools
From Philip Il. Bogert, New York:--"United States
Import Duties, and Digest OF the Tarid Laws In
Force August I, 1871" ny samuel G. Morgan
From sheldon 4 Co. 1.-THE Galaxy for Septem-
Der.
Miscellaneous: Army Ballads and Other Poems"
BY Arthur 4. Lee, United States Army. "rhe Heart
Of the west" An Amer,caa story. Nv an I'LL
potsiau.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

rose-yying for power, for wealth, for emnence or
kind this rivalry il horrible to hear the vu
peraton the and camnes which even the best ana
mdes among them heap each other without remorse or
shame"
years ago. said AphIin II visited this people, and
their misery and degradation the more appalling be-
always Boosting OF their felicity and grandeur
compared with the OF the species And there Is no
hope that this people, which evidently resembles your own,
improve all their notions tend to further dee
more In direct anagons to the truth that beyond very
limited II In impossible 20 secure 70 community the
happiness which belongs to welordered family"
Before his release from his UtOpian prison our
American INDUCES III some very peculiar reflections
and longings:-
The vuous and peacsfu of the people, which, while
the PASSIONS the OF the upper world began to
press with of dulness and monotony Even the
the ustrous afr spirits
longed for change, to winter storm darkness
began feel that, whatever dreams of perfecaby,
restless aspirations toward better and higher ana
calner sphere OF being the m0rtas of the upper world
trained fitted enjoy for long the very happiness
of which dream to which aspire.
So even Utopia is not satisfactory, and the coming
race with all its perectlons will fail short OF being
perfect. Women may vote and they may even WOO,
but they cannot hope TO be satisfied with existence.
The tadpole theory may be more clearly developed,
and yet 1t cannot give unallOyed pleasure. But
while we are waiting for the Joys Of the future we
may make the present more delightful by the peru
sal Of work as interesting anything which came
from the press since Dean Swift brought CULVER
back from his travels.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

THE MONEY MARKET
exhibited the same ease--twO and three per cent
call-and at the close balances freely offered ut
two per cent mixed collateral to secure the two
davs' interest.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

1861; Second National, 1850; Fourth National. ia;
Ninth National, ll6; Gold Exchange, 70; Bankers
ana Brokers' Association, co.
THE SPECIE MOVEMENT
The following IL a detailed report OF specle cx.
ported from New York during the week ending
August IL, lS7l:-
August s-Steamer Holsatia, Paus-Gold
bars '........... s43, 800
bars $4,000
american gold OBSERVATION-DISCLOSURES. 1000
Foreign SILVER 49,, $50
August S-Steamer Wisconsin, London
American gold. Observation-Disclosures. $4,000
August 0-Stealner Parthia, Liverpool-Sil-
yer bars. ACKNOWLEDGEMENTS. 9T,O56
August s-Bark Magdalena, Cudad, Bolt
var-American silver. Observation-Disclosures. 1000
August 9-Steamer Tybee, Porto Plata
American silver. l5,Ols
American gold. ACKNOWLEDGEMENTS. TAO
August 11-Brlg Wiley Smith, Cape Hayti-
American SILVER. Observation-Disclosures. 1924
August 12-Steamer Herman. Bremen
Foreign silver. $500
August l2-Steamer Herman Southampton
Gold bars ....................... 100, 900
Silver bars NEUTRALITY-SUSPICIOUS.. $685.
pOol-SIlver bars l6s, 794
American gold. Observation-Disclosures. $4,000
August 12-Steamer Vile de Paris, Havre-
Gold bars. ....................... 200
Silver bars. 1880
Total. 1921, 800
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13
TUE BANK STATEMENT

The Following tao'e shows the condition
banks this week as compared with last: -
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13
STREET QUOTATIONS.
MARRIAGES AND DEATHS.
Married.

Characterization Tuesday, July 81 at Church
OF st. Vincent dc Paul. Brooklyn, by Rev. ID. O'Mul.
Brooklyn.
WILsJN-SIMON.-On Wednesday, August Q. i'm
Brooklyn. by Rev. James MiIlett, WILLIAM WILSON,
Iate OF Yokohama Japan, TO Miss CHARLOTTE
SIMON all of this city.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

Died.

WACHsMANN.-On Saturday morning. August IL,
Mrs DAVID WACHsMANN (u6e De Y0nghl OF son.
Mother and child doing WELL
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13

THE MONEY MARKET
exhibited the same ease--twO and three per cent
cal-and at the close balances freely offered ut
two per cent mixed collateral to secure the two
days interest.
TUE BANK STATEMENT
liz unfavorabe In the sense that II shows a
further dimnution of reserve vet the changes are
SO slight in view OF the present plethora OF funds
as to he matter OF Indifference. The hrst item
loans, shows a further expansion. being the result
OF the low rates OF interest, which induce the
banks to put ont oil the money possible In order TO
swell their earnings to proporfionate hgure win
periods OF greater activity in money. The reserve
has fallen or over two and half millions, and
liabilities over one million, making a net loss o I
reserve OF about two and onequarter millions. Tie
banks now hold $l4,369,00o above the % per cent
legal reserve. The following are the items in
detail:--
Increase loans 81, $50 1856
Decrease in legal tenders. observation-disclosures. L502o43
decrease IN deposits: :.'....'........... La.l4s
Increase IN circulatiou .................. 4s,Is6
The following table shows the condition OF the
banks this week as compared with last:
august s. August Il.
Loans. $500, 757,26i $500, 4oo.397
Specie ............... l3, 1874, Asa ~ 3Gr, 74o
Legal tenders. 1892, i43 1890, 400
Deposits. ............. 262.3s2. Az PSI ,2i5, $50
circulation. ........... 3O,2J6b23 $3.50, 400
CITY BANK SHARES.
Tue following were the bids for city bank stocks:--
New York, 13tti; Manhattan, 146; Mechanics,
1872; Union, 1856; America, ls7; City. 225; Phenix,
105; Tradesmcn's,I6l Mechanics ana Traders, 100;
Galatn National, l25; Merchants Exchange. s9ia;
Leather Manufacturers. 1877; Seventh Ward, lO6
Commerce, lis; Mechanics Banking Association,
1le; Mercantile, l27; American Exchange, ll6;
Bank of the Republic, 1l3; Bank Of North America,
1916; Hanover,.l05 Metropolitan, 1855; East River,
l12; Market i27; Nassau, los; Corn Exchange ia;
Continental, 9oss; Marine 1866; Commonwealth, %;
Park, I57; Manufacturers and Merchants loi; New
yQrx National Eychanse 100 Central National.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-08-13
We cannot give n clearer idea OF the character OF
the book and the Utopia 1t depicts than by one or
two more extracts. In the first the Tish is speaking
of b,e ovn world m A nh.liu and Zee.-


Naturally desiring represent IN the most favorable
world from which came, touched bat slightly,
the anttquaed and decaynK nstitu
Europe order to eIpatiate the
Republic which Europe obviously seeks its model and
trenbl,polv Selecting Of the
social life the United States that city In which
progress advances at the fastest rate, INDUCED
habits OF New YORK. Mortified 10 see by the faces nv
listeners did make tho favorable impression had
anticipated elevated theme. dwelling on the excel cnce
institutions tho promotion of tranquil happ
by the government OF party, and the mode
In which they drused such happiness through
out the community by p'ra;,,e,rrnG, Tor for The
lowest citizen IN point az property, education and char
scte recolecng the peroraon OF speech
the OF American democracy. and their
destined spread the WORLD made by certain eloquent
senator for whose vote Senate railway company
which brothers belonged. had Just paid $780,
wound nm nv repeating ts glowing predictions of the
,sadon shoud float entire continent aud g000Od0oO
OF accustomed from infancy to the daily
use of rrvovers should apply to covering universe the
doctrine of the patriot Monroe
On another occasion ne says
They fthat ia Aph-Iip Zee, found IN my accounsn
when / continued do all could (wthout Launching
into tssehoois So positive that they would have been
sas,Iv neerted by the sbrcwdness OF listenersl
To- pycssnt our powers and ourselves IN the most Hat
,.rng poIn of perpetual subjects Of comparison be-
ms,errsmean races which they considered hopelsssy
n, pged in and doomed 70 sradnai certain ex
tinction Tbe powerful said they, of AL tue races
on world. beyond the pale OF Iya eneems user the
in tbst respect the end Mt which political wisdom
can arrive the other nations should tend more and
more copy IL has established on is oroadcm base the
Posh-vz the government OF the ignorant upon the
principle OF being the most numerous 1t has placed the
s,,prene bliss In wing with each other In MI
tnaca so that tho evil passions are never IN re-
The Placer herald., 1871-12-23

MAsoNIc.-At meeting of Delta Chapter No.
q, r. A. NJ, held Dec. 21st, 1871 the following
officers for said Chapter were duly elected for
the ensuing Masonic year; Comp. B. F. Myres,
M. L. II. P. E. t. Holley, E. X; B. D. Dun
nam, E. S.; j. r. Crandall c. of H.; j. D. Pratt
P. s.. Jhos. Jamison, r.. A. c.: w. H. Mullen,
NJ. Sd "; J. Mcbride, II. I'd "; NJ. Waldron
NJ. 1st "; F. Lux, Treas; d. W. Lubbock, Sec.
g. P. Predmore, Grand.
A .HUNTLY, Sec pro tenn.
The Placer herald., 1871-12-23
SHERIFF'S SALE.

DY VIRTUE OF AN ORDER OF SALE
ID issued out of the District Court Of the Four
teenth Judicial District, in and for Placer coun-
ty, California, on the 29th day of November, A.
d. 1871, upon Judgment rendered in said court
on the 29th day of November A. ID. 1871, against
Patrick Gleason and l.. Solomon, and in favor
of James Gleason, for the sum of six hundred
and five and $1,000 dollars, gold coin of the
United States, with accruing interest on said
sum of $605 SO at the rate of seven per cent per
annum, and the further sum OF eighteen and
35-100 dollars ($18 35), costs of suit and accru-
ing costs: Now, therefore, l WILL on
Saturday, the 3Oth day Of December, u
A. D. 1871 at the hour of II o'clock, NJ, of that
day. at the Court house door, in the town of Au-
burn, Placer county, California, sell at Public
Auction to the highest bidder, for gold coin, all
the right title interest and claim of the defend
ant, Patrick Gleason in and to the following
described property, to wit:
One undivided one-fourth OF that certain min
ing claim and ground lying and being in Town.
ship number seven Placer county California,
and known the mining claims of the Iowa
Hill and Bird IS Flat Company, located on Birds
Flat and fronting on Indian Canon six hundred
feet more or less, and extending back to the
center of the divide near the Mount Pleasant
saw mill. Said mining ground lying between the
old Homestead Bound claims on the southwest
and the Golden Gate claims on the northeast
ncludinpa like onefourth interest in all tunnels,
tools, cars, blacksmith shop, blacksmiths' tools,
mining apparatus water, water rights, franchises,
privileges and appurtenances thereto belonging,
or in anywse appertalning. -, =,
The above described property will sell as
aforesaid to satisfy said Judgment interest, costs,
aceruing costs, and expenses OF sale
b. ID. DUNNAM,
Sheriff of Placer County.
Sheriffs Office Auburn Dec. 8, 1871. 3w
The Placer herald., 1871-12-23

TEE GREEN MtNE.-Ths mine, regarded the
best in the county, has been incorporated, capi-
alstock $780, 900 in TO- 900 sharesat $50 per share
This mine has yielded heavy returns in the past
and is now placed in better working order than
ever, which we will more particularly noto here
after.
The Placer herald., 1871-12-23

The THREE-HoRNED Cow.-Objections are
made to the statement in the Stripes Of the
rafting for and winning of he,hree-horned COW,
the objectors alledging that the statement is not
correct, and fails to show the real facts. Know
ing nothing of the matter ourself but believing
that the other side should be heard we consented
to publish the other version. However, it was
not furnished in time for this issue of the HER
ALD but will probably appear in our next num-
Der.
The Placer herald., 1871-12-23

SERIOUS AccIDENT.-M. Mcbride, a pioneer
and influential citizen of Michigan Bluff, was
last Saturday evening going on horseback from
that place toward DR.. Byrd's place, when the
morse took fright and SHE'D. throwing Mcbride
20 one side of the road while the horse himself
tumbled down on the other. One of McBrde's
wrists and two of his ribs were broken, but his
wounds are not considered dangerous. The
morse sustained some serious injuries. and
Stripes,
The Placer herald., 1871-12-23

GETTING UP IN THE WoR1p.-W. S. Shields,
dentist and Dental Surgeon, who has his office
IN Auburn Drug Store, it seems. according to
DIS card in the Stars and Stripes, is really Doc
tor Of Divinity,
The Placer herald., 1871-12-23
Local and County Matters.
RELIGIOUS NOTICES.

MErHop1sr.-Rev. G. D. Pinneo will preach
ot the M. E. Church at IL o'clock tomorrow
morning. and the M. E. Sabbath School will
meet at the same place immediately after the
Church services.
CArHoL1c-Rev. Father Kelly will hold Divine
service in the Catholic Church, in Auburn, every
third Sunday in each month, at the usual hour.
The Placer herald., 1871-12-23

PETER WALTER MINE.-The officers OF this
company now are General Cotton, President; T.
j. Owens, Secretary and John McFadden, Super
intendent. The company have complete steam
works on the mine propelled by twenty-five
horse power engine, with friction gear and every
thing working in most perfect order. The main
shaft is now down about 100 feet, and work is
being prosecuted night and day with three eight
hour shifts, twelve men in all working under
ground. Levels are being run both east and
west from the shaft at a point 116 feet deep.
These levels are now in some ten or twelve feet,
and good ore, showing plenty of free gold, is
being taken from them and hoisted to the sur
face. The value Of the quartz taken from these
drifts is placed by good judges Mt from $40 to
500 per ton. 1t is in contemplation, we believe,
to erect ten stamp mill, complete in all its at
tachments, at this mine soon. The company
are using Rocky Mountain coal to make steam,
and, we learn, considering the convenience Of
handling, bulk, housing etc., fndit cheaper than
wood at IS per cord.
The Placer herald., 1871-12-23
BORN.
In Emgrant Gap, December 18th, the wife of
Samuel Ferris, of son.
DIED.

. In Lincoln, Dec. 21st Mrs NJ. M. Hamilton,
wife of DR.. j. T. Hamilton, aged 2S years and 4
months. The funeral will take place at Auburn
Cemetery at o'clocl p. NJ, to-day. Friends of
the family are invited to attend.
Mrs. Stoddard, few years ago for her health;
was most excellent and estimable lady, and a
member of the Methodist Episcopal Church.
Prior to her marriage to the now bereaved hus-
band DR.. Hamilton, about year ago, she had
been engaged in teaching in Manzanito Grove
and Lincoln schools A large circle of true
friends deeply mourn her death and sympathize
with the bereaved husband and relatives.
In Auburn, Dec goth, James B. Crawford, a
native Of Tennessee. a0ed 43 YeArs.
The Placer herald., 1871-12-23
ALFALFA OR CHILE CLOVER The valley papers

ALFALFA OR CHILE CLOVER The valley papers
have been giving the results of experiments in
The cultivation of alfalfa on deep moist soils,
and these having been copied extensively in the
nress. have attracted some attention here in the
foothills Last week we published a communi-
cation from an old farmer in this county whose
attention had been called to this matter and who
had visited various valley counties to obtain in
formation on the subject of cultivating alfalfa
with pleasure In addition to what was contain
cd in that letter we will now add something OF
our own limited experience in the matter Of cul-
tivatng Chile clover, or alfalfa.
We experimented in the cultivation of alfalfa
here in Auburn, few years ago. ON small
scale, in about as forbidding soil as can be
found on any of our hills, with rather good sue
cess. True we had but little of it and was ena-
bled to give it water through the dry season.
We cut it down four or five times during the
Summer thus indicating about that many crops
during the season, on poor land with irrigation.
In the Fall we tried to dig it out and thought we
had done so, but in few weeks it would appear
again. and continued to do all Winter The
result led us to believe that if it is watered
through the seams of the bedrock to perpetual
moisture, and that it will need but little if any
care thereafter. We have been asked by some
parties in town and in the country if they could
SOW alfalfa seed with fair hope Of the young
plants surviving the first dry season. We fear
it will not, unless the soil is broken very
deep, deeper than can be done by the plow.
Parties proposing to plant the seed would do
well to disturb the soil and bedrock two or three
feet deep on rod or two square, irrigate small
patch on ordinary plowed ground, and let the
remainder take its chances. By this means they
will know what to do in the future, and can give
information valuable to their neighbors and the
whole community. Experience only can deter
mine the truth of these ideas and suggestions,
and we hope many of our people will test the
matter this season.
The Placer herald., 1871-12-23

RAIN, ETc.-Before speaking of the present
storm and the amount of water that has fallen
here, we will give below the amount of water
that fell in 1870 and 1871 at different points
and elevations, according to the G. p. r. r.
pluvameter, as furnished by the company to the
San Francisco Board of Health. There is an
error in the Colfax statement and we substitute
the returns made to us by party that kept a
private rain gauge. This table includes the
amount of water falling, commencing August
Lat 1870 and ending July 31St. 1871:
The Placer herald., 1871-12-23
,SDeciNI Notices.

BLESSINGS brighten as they take their flight.
The chief of blessings is good health, without
which nothing is worth the having; it is always
appreciated at its true value after it is lost but,
too often, not before. Live properly, and cor
rect ailments before they become seated. For
diseases of the liver, kidneys, skin, stomach,
and al diseases arising from impure or feeble
blood Dr. WALKERS CALIFORNIA VINEGAR BIT-
TIERS are a sure and speedy remedy. 1t has never
yet failed in a single instance.
The Placer herald., 1871-12-23

HANDSOME School FUND.-We are favored by
superintendent Kinkade with the apportionment
of the County School fund on the 10th inst,
which will be found in our columns to-day. 1t
will be seen that the amount apportioned is
S11, ,194 90, giving to each Of the ,l7S children
in the county S5 a. The largest school in the
county is at Colfay, 173 children; then follows
in their order, Dutch Flat 167, Auburn 100, and
Forest Hill 154 All the other districts have less
than 100, and two, Fairview and Last Chance,
have but IL each.
The Placer herald., 1871-12-23

The ST.. PATRICK MINE.-Work on this mine
1.-TWO miles west of here,) is steadily progressing
with the most satisfactory results, and large
amount of rich rock is on the dump. The new
Is stamp mill-as perfect mill we are told as
can be found on the coasts completed and in
operation on st. Patrick quartz. When the first
''elean up y is male we anticipate results that
will more than satisfy the expectations of the
friends and stockholders of the company. The
stock is now selling in the market at about $3.50
per foot.
The Placer herald., 1871-12-23

THE FEsTIvAL.-The Sunday School Festival,
to which all sects, denominations and people of
all politics cordially idvited as full partici
pants, will come off tonight at Music Hall. Two
fine esChristmas trees will be erected to-day, and
committees will be in attendance to receive and
properly care for presents intended for the trees
No pains will be spared to make all persons hap
py and satisfied with the entertainment. We
bespeak full house and satisfied community
The Placer herald., 1871-12-23

Up to Sunday, Dec 18th, 1871, there had fallen
in Auburn, this year, by private guage about 3
inches of water. On Sunday evening, the 18th
inst, heavy storm set in and continued with
strong winds and rain until Thursday morning,
81 inches of water falling, in the 36 hours The
wind then moderated but the rain continued and
on Tuesday morning-eighty-fou hours-rain
had furnished IL inches of water, an unusual
fall in the same length Of time. This gives us
lO1. inches of water up to December 2lst, as
against l7H for the entire preceding year. On
Thursday evening the sun came out bright and
clear and on that night we had white frost but
on yesterday it again cloudy and threatening
a continuation of the storm.