davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
by LATIMER q CLEARY
- AuctioDeers and Real Estate Bros err,
Southwest corner Penna. avenue and nth streat
Star Office Building

- Auctioneers and Real Estate Bros ers
Southwest corner Penna. avenue and 18th straat
Star Office Building.
CHANCERY SALE OF VALUABLE I'M
PROVED PROPERTY ON NEW YORK AVE
NUE., NEAR iHIRTEENTH STREET WEST
- BY virtue OF a decree passed in csuse N.
~; 5,2il Equity, supreme Court Of the District Of
- Columbia, We will sell on THURSDAY, the
2oth day Of June, A D., 1873, at Ga O'Clock p. m,
IN 'front.' OF the promises the west half of lot No g.
in square 2s6, according to the public pla,s 81 The
city Of ashington. The premises front Is feet on
New York avenue, and is lOO feet east from II, n
street, are tmproyed With a comfortable resi-
dence, being No. 1927 New York avenue
Terms OF sale: One-thir cash. residue Al 6 and 10
months, WITH interest from day Of sale. Conveyan-
cling at purchasers cost 600 dawp at time o: sale
FRED. W JONES,l -,
JAS. p. TUSTIN, trustees
Priyate offers tor the property solicited, and
should suitable one be made, It may be sccep pied.
II none such II made the property will be sold as
JeH lRep.l LATIMER CLEAgY, Aucts.
NJ THE ABOVE SALE is POSTPONED until
THURSDAY, the Sd day OF July, 1873, same hour
and place. By order of the trustees.
III BATIMER CLEARY, Aucts .
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
AUCTION SALES.
THIS AFTERNOON.

10y Fl. WARNER,
- Real Estate Broker srsi Auctiopesr.
No. 1ss 7th street. between sns sts
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

And every following WEDNESDAY and sATUR
DAY from New York.
&old, according 70 sccsmmodafion. <NeN
Tickets 70 Paris, Nn, gold, additional. az
5teerAge, rs, currency.
ss:s!.ss hctsts from Liverpool and Quesnsov..
Nd al Dar1 OF Europe, at lowest rates. Throuah
stlls Of l:dins eiyen 70 Belfast, Gl.seov, Have,
Mediterranean ports For freight and cabin pes
sags, apply ct the Oompanyr ONCE, No. 4 Bowfins
Sreen: for nesrass passage, q 10. Ill Broadway
CHAs g. 1RANCKLYN, Agent, New York.
OTIS BIGEL0W, Agent,
ONCE, 643 ID street no rtnwest,
lovely Washington, d. q.
Al ERCHAHTB LINE OF oTEAMSHIP6.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
A La AHDEIA & WASHING
n TON x. &. ~ SMxzzt7
ALEXANDRIA sTREpBRICKSBURG B. r.
Co-.ss " b osd S,z.s St,ssts

IOSf Trains leave for Alexandria as follows.-s7
=, ., u IL a. IN Il noon, l. 2, s, 4, s, g. g. D. m
. ~. Ar p m dahl all other trains daily except
I"es5 Trains from Alexandria srriv. follows
8 IS, y. S.5j, IS, -, sN o m SKA m and q
N; nm Alexandria daily all other trains daily
Trans naked thns connect with trains on W ssh
Q0A6TICO Accommodates leaves Washin.s
f:S a n. daily, except Sunday.
GREAT sOtrHERN 1XPREss, via Richmond.
tesves zshfngton ii 20 .. n. daily, except Sunday
Through tickets TO al points South and Soathvea
tor sale af Oces corner lSsA rress and Pennsyfvs-
nia avenue, and corner All street and Psnneylyania
where leave orders for bAarass 10 II
checked a. all hotels and residences throuSh 10 ieed
nation.
Z. 8. IOUS0, Gent Passenger Ascent. UNIT
RALTIAOEE AND POTOMAC RAIL
ID ROAD.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
NJ A n X 4 r ID .

N A u X ED.
HEIN-WEBSTER, In Georgetown, d. c., Juns
10Th, 1873 81 Trinity Church, by Rev Father Guida,
ASSISTED by Rev. Father Stonestre-t, CHAhLEsS
HEN to MARTHA W, daughter Of Nathan Web
ster.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
EVENING STAR.

PRodRrs. W The BKxcNEs SCANukr CAsr
After Mr.. West, who was NJ one time deaoon
in Plymouth church. had presented on FRIDAY
evening last his charges sgsfurt Henry &. Bow
en- 20 the examining committee, u vas suggest
ed that MATTERS would be materially sffnpli hed
If Mr.. West could make them more specific
and Indicate also what proof he has 81 com
mand. Mr.. West has since that srne devoted
bers that he vii not rest until he sbrtnes forth
Judgment unto victory" for BeecLer Mr.
West will present Tilton's eelehraseS letter
among other evidences. and IL h. nov said that
bis list OF witnesses will include Horace & Claf-
lin, TeEnie c. ClAdn. Jamee NeDernctt, .
brooklyn editor, Gordon L. Ford ana Thec< ere
Itlton. Ar. Clshin may not boen needed, and
his name . on the list solely that he nav %
questioned IS 70 Boven's motive in yisitSn
Miss Clsfiin and her sister on "Wednesday l..3
in case the committee are not willing to "a m ,e
the ladies on the same point. The committee
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
AUCTION SALES.
FUTURE DAYS.

III LATIME8 CLEART,
- AuctiOneers and RraI Estate Brokers',
SOUTHWEST corner Peensyyani avenue and filth St Z,
Star Ofnce Building.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

TIiE GREAT DOUBLE TRACK ROUTH,
with ele CANT Scenery, Palace State room DAy and
wight Cars, with modern improvements.
Two hunared miles saved TO Western and Central
New York.
The II IS a. m. daily, except Sunday, northwest;
HOS IN. tai. and Is Pm. except Sunday west.
MAKE CONNECTIONS
through from WASHINGTON to ROCHESTER,
and PlTTSBU RG without charge.
Tickets by this route can be procured at the ocrs
corner - 18th street and Pennsyiy ans avenue, and
corner Of 9th street and avenue under
National Hotel where reliable information will be
given AZ all times.
P4sseH procuring tickets a, this ONCE can 80.
cure accommodations in Palace Cars for Pittshurg.
ED. .. YOUNG, General Passenger Agent
marlo-l " Baltimore, MI.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

Trustees SALE OF THREE NEW THREE
STORY MANSARD ROOF AND BASEMENT
Bkl.k HOUSES, ON SOUTH SIDE OF K
FIRST STREET EhST ~ va IL WI AMI
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

2 WAsHINST9S; - =. JUNE 7; 30.
New York, praying for the extension Of q patent
granted 10 him on the 3th day Of September, 1a6o.
FOR an Improvement in Railroad Car Seats:
Ii 10 ordered that the testimony In the case be
closed the 18Th day Of August nex, that ths time for
tied the 18th day OF August next, and that said
pstition be heard on the 81 day Of September next.
Any person may oppose this extension.
i.i9th 81 b LKGGETT, Commissicaer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03
S,UPRIMf COURT on THF UNITED STATES

SUPRIME COURT Oh THE UNITED STATES
- No. 522 December Term, 1874
Susan I. W.ll.ch, lIecutri1 % Charles w.IiscA.
deceased, and others, appellants, W. VIM. Doug
Lass wallach.-hSps.l from the euprsas Osurt %
the District Of Columbia.
The counsel for the appellant having suggested
the death Of W iAiam Douglass WAllseh, the appel
lee In this csuse moved the Court for order.
der the fiftsessh rule Of Court e make the prope.
10 70 bess ordered By this Court thst unless the
Proper REPRESENTATIVES Of the said William Douglass
Wallsch, deceased, aforesaid, shall voluntarily
D, come parties within the frst ten day. Of the
suing term Of this Court the appellant shall be en-
titled TO open the record IN said cause, and 20 h.ye
the same hesrc. and the decree therein rendered
ver,ed il erroneous. Provided that q copy Of this
order ehall be prnted IN wspsper n the seal
oS Governnent, In which the laws Of the United
States shal ks printed By >athority for three sso-
ceesive veebsa at least sixty days before the beesn-
ming Of the tsrn Of the supreme Court ess eo,pas.
Clerk Supreme court y. B.
kG sI nssieh' Counsel sOr Appellants. ,ss-ds.
LiMH' L... a
BEST WOOD BURNT LIME q q - barrel,
ieliversa 70 I'll psIs q the eit8 ~.
-aA ueer La. avsooe, nortoxe<..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

RY LATIMKR q CLBARY,
II Auctioneers and Real Estate Brokars
Southwest corner Pennsylvani ave and llth stree,
Star once Buildings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-03

1920 GREAT 1890
lo''rENNsHt+SSAES Ss KourEio|3
NORTHWEST, SOUTH, AND SOUTHWEST.
TTaiI leave as follows:
Wasl!nstop. :; 3I ga: Baltimore. 7.ga.m.
I" ....- Is Q m -. O3 m
" ...-- IL O5 ? N. III s. pm
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
WONDERFUL EXHIBITION OF CowARD1CE.

New YORK. Jan. 4, 1873.
To THE EDITOR OF THE HERALD
/ was a witness to q remarkable exhibition OF
cowardice in a University place car, this Satur-
day afternoon, at about five O'Clock. As the car
passed Blocker street without stopping, woman,
dressed in mourning and bareheaded, jumped or
flung herself on to the car in great fright, ana
stated that man who was following her had
drawn pistol on her twice and was trying to kill
heri The rufflan could be seen on the sidewalk
following the car. The woman took a seat be-
tween an old gentleman and lady. Immediately
several cowardly gentlemen ~ demanded of the
conductor to put the woman Off the car,
fearing that the ru1ian outside might fire into
SO II 1t was the wish Of the passengers and ne i'm
mediately SO decided, and peremptorily ordered
the woman of. She, with tears and sobs and in
great fright, implored the conductor not to put
her Off the car as she had no friends ana the rufian
outside would Kill her, he having twice drawn a
pistol on herl None OF the gentlemen ~ spoke in
the woman,s defence or favor, several continued
to demand her expulsion and the cowardy con-
ductOr pulled the bell and ordered the woman to
get OFF; then an old gentleman spoke up and said
she should stay and should not be put OF, and IL
was decided to let her remain until q policeman
could be found. The car proceeded along to Gin.
ton place, then to University place, to Thirteenth
SIT street. the ruilian r.; following the ear
University place policeman was found, when the
woman was placed in his charge. Was not this
magnificent specimen OF cowardy fneanness? A
carload OF men AFRAID OF one rufan-afraid to pro-
tect poor, frendless woman in danger of her lie;
demanding that she should be put out OF the car
so that the rufflan might have better chance to
murder her, so that they might enjsy their ride in
safety and save five cents! Please request the car
company TO get more courageous conductor and
one VINO understands his duty better-one who viii
protect an unprotected woman even against a car
load OF male towards or a sidewalk rufian.
NOT A COWARD.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
THE NINTH WARD MURDER.
Night Scenes I'm Gin Mill-sLet Him
Have 1t! That Is the Way We Do IL
in This Country

Night Scenes I'm Gin Mill-"Let Him
Have 1t! That Is the Way We Do II,
in This Country"
On the night of the 10th Of December number OF
patrons OF the bottle met in the saloon OF Silas
Olmstead, corner OF Spring and Washington streets
and divided the time between the discussion OF
political and social questions and gin drinking.
The discussions waXed warm and eventuated in
hot discussion between one James Lawer and John
J. Darlington, OF "a Charlton street. They finally
came to blows and had rough and tumble
fight on the noor, in the presence of the inmates
and John Mulklns, of No. IS vandam street, and.
the barkeeper, John Mcdonald Some Of the spec.
tators Attempted to pull LAWYER, who was bruta;1y
kicking Darlington, Off him, when one of the SEMI
drunken crowd yelled, "Let him have it That's
the way we do It in this country" The hint was
enough, and the fight progressed without inter-
ruption until Darlington was laid out and cCm-
pleteiy exhausted, when the brute Lawler discOn-
tinued the use Of his fists and heel taps. Daring
ton was conveyed to his residence, and from
thence taken to Bellevue Hospital, and Lawler
was arrested by the police. The accused, Coroner
Young learns, was let out on $1,000 bail by Judge
Cox, OF Jefferson Market his mother becoming MS
security and he has since disappeared.
About eight O'Clock on Sunday evening mes
senger from the hospital summoned Coroner Young
to Bellevue Hospital to take the statement Of OAR
rfngtOn, who was in the last stages OF dlssOlution
but before he arrived the man died.
These are all the details that have reached the
Coroner, who will hold an inquest to-day or to-
morrow. The police have so far been unable to
learn the whereabouts OF Lawler, who, the Coroner
has beer informed, has put long distance between
him and the scene OF his brutality.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
EUROPEAN MARKETS,

LoSpoN MONEY MARKFr;-LoSpoS Jan. s-s p M-Con.
sois cioscd ny yha for money and 92ss for the
account. united States bonds, new 6yes aOi"
Ell ERE Railway shares s American securities irmer
ana more DONG united States fvc-twenty bonds s6ss
oid va ls67s 92M ten.forties, S9i4. ' "
ST. &c e"es ciosed at
III, LIVERPOOL CorrcN MARKEr-LIyERpooL, Jan Gap NJ
me market closed dull and changed The of IN.
gay nave been 1900 bales including 1000 bales Tor snec
iauon and EXPORT or the sales 1000 bales were
70 te ON inst have been 400 bales Sales Of cot
or Charleston, at lOlsd. The market oncneJ arn
HIiddnng uplands, IO9sd; midding Orleans, 1osad
M-Breadstuls quiet '' "' ""
LIVERPOOL PROVISIONS MARKEr-LIvERPoor, Jan O.
evening bacon JOS per cwt for short rib IN iidles
n III. fRrooL PRODUCER MARKET-LIvRRrooL, Jan, g.
AS a 44s Cd. per cwt. ~ Nr' '"Ps"""e'
r. LONDON PRopucE MARKrr.-LoNpoS. Jan 6-Evcnine
allow sos per cwt. Linseed oil, f33 15s l3f per ton
spirits turpentine, 49,. Cd. a AS. per cwt w. w.
PETROLEUM MARKEL-ANrwERP Jan 6-Pctro,eu,n
'z5aL Tor fine pale American.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
CLOSING PRICEs-4 O'CLOCK P. l.
COMMERCIAL REPORT.

cotton In Fair Demand and Easy-Re.
ceipts at the Ports 1924 Rales-Flour.
wheat and Corn In Demand and
Ftrm-Pork and Lard Quiet but Firm
Groceries Qutet-PetrOleumD uIl-Nayal
Stores Duil-Whiskey Steady.
MONDAY, Jan. 6-6P. M.
The general merchandise markets opened nrmer
as rule to-day, but the demand was moderate
save In a few exceptional cases. At the Produce
Exchange the four market was firm under fair
demand, and shipping grades In particular were
very nrinly held. Wheat was In good demand for
Shipment and the market was hrmer
though prices were not quotably higher At
the close, however, prime Spring was held at
hlgher figures. Corn was also wanted for ship
ment and full prices were paid, both in store and
anoat There was a freer movement in oats. and
prices were higher Whskey was easier. but
fairly active. There was but little done in pro.
visions. Freights were easier, which induced
quite an active movement In grain by vessels on
the berth. Cotton was in moderately fair demand
ana easy Petroleum continued neglected and
nominal. Groceries were quiet, but values under.
went no material change. Naval stores continued
dun, and spirits were nominally easier.
CoFFEE.-The market continued very strong bnt
aside from fair jobbing trade there were No
transactions from first hands reported here. At
Baltimore sales were made of 100 bags Rio per Mag
gle " Hugg aud $500 bags do, per Clyde.
both on private terms We quote :-Rio-ordinarv
cargoes' l6c i6'sc fair cargocs, l6,sc. l7c good
cargoes Hsc HAci prime oargoes, 1a4c. IsIsc ex.
treme range for lots 1870. l9Isc COLA per H. 30
a % days credit Java, government bags, I9c 1910
do, grass mats, l01sc &c Singapore 1870. a lie:
Ccylon l6c. lsc Maracaibo, l6Isc lsc; Laguavra
lGhc. ls1lc Jamaica, l6Isc. a IKE; St pomingo
lac; Costa RIGA, Ice. 1s1sc. Mexican Like l7iIc
Angosura. l6'sc IKE savana, l61ae. Isc; Cura
Goa, Ice. al7c.
Corros.-Ihc market for spot cotton was bnt n,od.r
atey active and prices ruled &c. h. lower for all
grades Business In future deliveries fairly active
but at irregular prices the market closing tame nj aho
the inside figures of the day. The sales sum nm os
~ '''
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
DOMESTIC MARKETS.

& nj sss sss ass S. sSyt
c.,.o NEW ORLEANS Jan. O. 1873
Goo,ncMLgnt inquiry good ordinary sc low mid
gross s47 ExporsTo 5feat Britain $685. 10 The Con-
c.,. NOZZLE, Jan, g. 1873.
to Great Britain, 1910; coastwse, 222a Stock $1,000
80 rSur steady S. ,S1s s, g: !1 5
et snS SsssSa
S Mleed ., unchanged; shorts s2 ships!a So mid
delp6a, 76c to Boston, re; to New York, &c. 10
&C Grain raj in store and az aSatwhea bushels corn
edo & Lake ao Ss5Isy
sS p ~ K gHe%t 400 bushels oats
~ % sssas!s
sSf' d ssas's
quiet sales 5000 bushels Oats active saes
oea e F NO. % fd lots Of No Western
western State two fcwed dn9s Sarrow sss
vs. sasisy pas ;ssaSA wcSs sa ps%s
postS a sla 30 hans oc In n &C.
kegs Dried beef l6c Beet tongues, So per dozen Vel
low grease, SIC -''
Flour dull and nominal but held firm wheat active Sai
I seep ss'i g
'sss ssois o NJ rs'' Rys
s, arm %a Ss1 ~ i sss sf No. FAIL Par Par
t Kinds If 'sSs nsmi"ss ;e "a
ssssssf; soss Sn ass scum r
SSrs Df house aSSs srsse 1.
sSg g. s Sr S"s S SS SSss
wheat 1900 do OATS 900 do rye, 1900 do barley
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
ROBBERY OF A SHOE FACTORY,

Mr.. Henry frank, a shoe manufacturer doing
business IN Grand street, Williamsburg, reported
to the police yesterday that his factory was en-
tered by burglars, sunday night, VINO carried or
$500 worth OF goods. The police are doubling and
investigating.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
MARRIAGES AND DEATHS.
M arrfed.

CLARKE -STEvENs.-On Friday. January 3, by the
Rev. G. j. Foss, ID. D., SAMUEL M. CLARKE, or New
York city, to Mrs. MARY A. STEVENS, OF Houston.
Texas.
CoRwIN-MILLs.-On Thursday January O. by the
Rev. Professor Chapman, HALsEY CORwiN to HAN.
A.. daughter OF the late Nathaniel Mills all of
Brooklyn. No cards.
GILLMORE-- HoLLIsTER.-Att the residence of The
brides parents, on Monday, December 80 1872 by
the Rev. J. II. Duryea, d. T. GILMORE to MINNIE
l.. HoIJisTER, both OF Paterson, n. J.
HAYNES-LEE.-On wednesday, January / 1877
at Old Lyme, Conn.,, by the Rev D. s. BrainarJ'
ALFRED b. HAYNES OF this city, to LOUISE LEE
only daughter OF n. 8. Lee, OF Old Lyme Conn
WANN--GILLING.-On Thursday December o6
1872, by the Rev. n. s. Ruson rector or ST. Johns
WANN, OF Philadelphia, to Miss MARY JANE CHI
LING, formerly OF London, England.
Observation-Disclosures. the BRIDES resi-
dence, on Saturday, January 4, 1873 by the Rev r.
s. Macarthur, vi Calvary Baptist church, Mr.. Ed
MoNp L. WEATHERHEAD Of Saratoga Springs to
Mrs. MARGRETTA ANDREWS, OF New York.
Saratoga, La Porte (Ind.j and san Francisco pa
pers please copy.
WIILING-IlOY.--In Paris, on Wednesday De
cember ~, 1872, at the American Episcopal church
by the Rev. John Il. Morgan, Mr.. ARTHUR LEE
WILLING, OF Philadelphia, to Miss ANNIE LOUISE
this city.
Births.
NORTHUMBERLAND Al st. Georges road, Relcravia
London, England, on Monday, December 10 inc
vile OF >. NORDHElMER, Esq, oil "a son.
:, S0LoMoN.-On Monday morning, January 6, Mrs
HARRIS SOLOMON, OF a son.
Died.
ANDREws.-On Sunday evening January g. atsix
O'CLOCK, VI comprcssiop Of the bralA result of an
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
cam, I'd. as it runs, prompt ship

-Ie YuOtuuOIs are based on c0ttOn IN siOTe TuIiII3
IL qualify not than half grade above or below
the grade quoted. -. 49,
FLOUR AND GRAIK-Receipts-Flour, 6.0i3 bbls. !;
wheat 1920 bushels corn, 200 do oats 4l,926 do.
barley, 1900 do. The flour market ruled nrm under
iair demand The sales aggregate about I5ooo b5is IN
Guiding all kinds, at prices within the range OF the APP
pended quotations. Corn meal was in better dcmand
WIN sales reported o. soo bbls within the range OF
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
NNwENTY-THTRD ANNUAL STATEMENT
OF the
UNITED STATES LIFE INSURANCE COMPANY
in the City Of New 70

26l, 262 and 1853 Broadway, corner Warren street
New YORK, Jan I, 1873.
AMOUNT OF NET CASH ASSETS Jan l. 1872 III 40 32
RECEIPTS. -
Amount received for premiums. 81, 0s0, 059 10
Amount OF interest received -. 25l332 IA
Profit on investments. $500 9S 81 s5s 2ls %
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
FINAN CIAL.

A MONEY TO LOAN IN BROOKLYN NEW YORK
~. anu Queens county L. also for the purchase of
CITY First and Second Mortgages
sAWARD 4 LEAvTTT, 81 Wall street
A -pAkTIEs HAVING SECOND MORTGAGES ON
H. New York improved property can fnd prompt
purchasers at asonable al the Office Of CALLES
DER LAURENCE 30 Pine street
A SEVERAL GOOD SECOND MORTGAGES ON
IA. New York city improved property wanted by a
prompt cash purchaser.
". AYER, No. Z Warren street, ROOM T.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-07
Total for year. $ao4 1888 $3.50 900 s42 495
THE FOREIGN MARKET


The cable reports continuance of the monetary
ease In London, and the statement is confirmed
by the tenor OF quotations in that market Con.
sois iOr the account have undergone further rise
10 S2H, while United States securities have been
simply rampant, the '97's advancing to o. the ten.
sorties to S91< and the new fves to co. Fries were
lower at FIRST and declined to 501, bnt subse-
4nently advanced to 511s, the latter price being
equivalent to 63H in our currency.
ENGLISH ADMIRATION OUR FINANCES
Tho following remarkable commentator of the
paper money system Of the United States appears
IN the London Stock Exchange Circular Of Decem-
Der 2:-
The system Of the United States furnishes ample
proof that though defective on main point dts
sncOnVeruDhity), paper currency, based on the
credit Of a strong government, is good currency
II the federal government could make the legal
able for gold at their face value at the Treasury
that currency would be sound, and perhaps the
most desirable that could be introduced. The prin-
cipe on which
THE NATIONAL BANKS
are FOUNDED TO base the notes they issue not on
godI but on the United States bonds The security
~ AS good and works for the benefit of the govern
nenS as well as OF the banks. Instead OF having
the ellars filed with the precious metals lying in
m ubpr0ductive state, the security upon which
ssey WGrk earns for the banks five per cent, and
safety, that confidence is impaired which is the
very e',sence OF business Could not some portion
Of tbG machinery which is found to work SO salts.
factelY in the United States be imported into this
country. 10 the benefit Of the mercantile com.
,nuniiy K
MONEY EASY AND UNSETTLED.
The Hopey market was easier, but unsettled and
fevershA NThe earliest dealings were at per cent
currency, 10 per cent god good houses readily
supplying, themselves at the lower rate During
the afte "a Don there spasmodic further relax
alton to sAaH per cent, with transactions at the
former OF these figures but at a late hour the de-
mand became more active, and per cent gold was
again paid, and occasionally a commission OF ia
IN addition tori per cent, the market closing at 7
percent coin Commercial paper is as yet nominal
at i0a IL per cent discount for prime names.
Foreign exchange was firm for sixty-day sterling
and steady for sight bills the former on the basis
~ i091< 1a93l land the latter at no.. a IlO1s
GOLD STEADY-l11s 11lX.
The gold mai 'ket opened firm and the price
Myancsd nom SI11S to 1l17S. but soon after
scedei' 70 ln2d, st which it became steady and
N uttonlens the resi- of the day. The speculative
I'M Nrest is as yet in. allegiance and the movement
Tor . decline has been checked BY indications that
Con eress VIII c.nsde the proposition authorizing
The ssue Of the ~. 600 OF greenbacks known ma
the .Vecial reserve Sof the Treasury. The Sinh.
Treas. by paid op 5000 on account of interest
and 81 900 on account OF redeemed nve-twenties
The coLxse Of the market Is shown in the table =.