davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
FINANCIAL and COMMERCIAL.
Further Relaxation i'm the
Money Market.
A GOOD" BANK STATEI.rENT.
The Reserves Recruited to
the Legal Limit.
A SURPLUS OF $217, 1915.
Activity and Strength in Union
Pacific Railroad Bonds.
Gold Firmer on the Increased
Imports of Foreign Goods.
STOCKS DULL, BUT BETTER.
The Contemplated Lease Of Harlem to
New York Central.
Proposed Doubling Of the Capital Stock Of
Panama Railroad.
Gold Firmer on the Increased
Imports Of Foreign Goods.
STOCKS DULL, BUT BETTER.
The Contemplated Lease Of Harlem to
New York Central.
Proposed Doubling Of the Capital Stock Of
Panama Railroad.
WALL STREET, |
SATURDAY. March 22-(S p. M.

WALL STREET, !
SATURDAY. March 22-6 n. Ms
On 'Change to-day cotton was in fair demand
and hrmer for both spot and future receipts at the
ports, 1888 bales. Flour continued quiet and I'M
changed. Wheat and corn were quiet but nrmer
THE IMPORTS OF THE WEEK.
The total imports OF foreign merchandise at the
port of New York during the past week were
$10,ss7 72S made up OF $685. 416 OF dry goods ana
$s.010,al2 Of general merchandise.
THE COTTON MOVEMENT.
The total receipts OF cotton at all the ports for
the past week were a. 195 bales against 49, 43s the
previous week. The total receipts since Septem-
Der 1872, are 2954s7s bales, against 2aS6474 for
the same period Of last year. showing an in
crease in
THE PRESENT CROP
OF $685. 800 bales The exports from all the ports for
the week were 57S bales, against 9SS last year.
The total exports for the expired portion OF the
cotton year are 1908, 75 bales against 15OO6 last
year. The stock at all the ports is 531,519 bales,
against 427 aSS at the same date in 1872.
MONEY EASIER.
The money market was active at the opening,
and borrowers on call paid 1-64 1882 in addition
to per cent for the use of money until Monday.
But as the day advanced the supply increased and
loans were made freely at per cent at early as
quarter to three O'Clock. Before the arrival OF
.
Washington advices show that the Treasury has
withdrawn about 100000 Of the extra greenbacks.
Commercial paper was nominal and neglected.
Foreign exchange was quiet ana unchanged.
THE BANK STATEMENT.
The weekly statement Of the associated banks is
favorable in so far that 1T shows that they have
crossed the line of legal and now hold spe-
Gle and greenbacKs to the extent Of more than
twenty-five per cent Of their liabilities 1t will be
remembered that the national banks kept above
the line all along during the past month, but all
the banks, State and national are now fortified In
reserve to the extent required by the National
Banking laws At least they are SO in the average.
A few institutions may continue to fall behind, but
these latter are, Of course, the exception. The
change in actual reserve is very slight, only hun
bred thousand dollars or so OF gain, but con-
traction of nearly three millions in loans has en-
abled the banks to mark or million and half of
deposits, so that the gain in net reserve amounts
to nearly half million dollars The statement
compares with its predecessor Of last week as fol-
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23

The government list was strong, with further
rise in the skies of 81, and sudden advance in the
new fives to 1884, The currency skies improved to
l13zs under the relaxation in money. The following
were the closing quotations limited States cur.
rency skies, 1884 ia; do do, 1881, registered,
III 1l7i4; do do. do, coupon, l19 a ll94; do.
fve-twentes registered May and November, l16
1854; do do, 1862, coupon, DO, lie 116l4 ;
do. do, 1884, do. do, ZIG 116i4; do. do, 1865
do do, III 1l7h; do. do 1867, registered January
and July, lis l15J4; do do, 1866, coupon, do
1l5 115,s; do do, 1857, do. do, III 1171s; do
d. 1868, do. do 1162s 116ss; do. ten-forties reg
istered, 11oA Ill; do. do coupon, III l11h;
do. nves of 1881, registered 1874 ia; do do. de-
coupon, 113x ia.
GOLD srRoNG-115k l1Sx.
The return Of tmporM OF general merchan.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
The changes being in detail as follows -

An analysis OF these figures shows that the
banks now hold $217, 225 in excess OF the reserve
required by law, gain for the week of $4s1,4zh
THE CITY BANK STOCKS. 80
The following were the bids for the city bank
snares:-New York, 1888; Manhattan, 1856; Mer-
chants, HI; Mechanics, 1888; Union I40;
City, $50; Phenix, 1o1h; Mechanics and Traders,
12s; Merchants Exchange, co. Seventh Ward, "a;
Commerce, 116H American Exchange, Ill; Hano-
yer, l04; Metropolitan, 1873 East River, 112; Mas
sau, 1o8; Shoe and Leather, $50; Corn Exchange,
1875; Continental, 10; st. Nicholas, 1909; Csmmen-
wealth, So; Importers and Traders, 1855 Park,
147; New York National Exchange, 90; Central
National, 97 Fourth National, ITO; Ninth National,
1O5; Gold Exchange, liz; Bankers and Brokers'
Association, so; German American, 1O1.
THE RAILROAD BONDS.
The railroad bends were quiet and firm. The
Union Pacific firsts were only steady, but the land
grants and incomes were active and strong, the
former rising to 70 and the latter to IS. The follow.
ing were the bids at the call as amended by prices
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
Ministerial Movements.
ROMAN CATHOLIC.

The remains OF the ancient sanctuary of the
the summit Of Mount Tabor. II is reported that
some pious persons intend rebuilding the venerable
church and restoring 1t to Catholic worship The
Jesuit Mission in st. Charles Borromeos church,
Brooklyn, has closed after producing the most
gratifying results. The Redemptorists In St. Pc
ter's are now devoting special attention to the
spiritual needs Of the men Of the parish. On March
% the Dominican Mission opens in st. Paurs. The
Redemptorists will also give mission in st. James
church, New York. During the mission of the
0blate fathers In the Church of the Immaculate
Conception, at Lowell, Mass which closed on the
18th inst, 400 persons received holy communion
and eight converts made their abjuration. The
Fathers opened mission in Maiden, Mass,
on the 10th inst. At the closing service in
Lowell, after an impressive sermon the baptismal
VOWS were renewed, and during this ceremony the
large congregation, numbering $500 persons held
lighted tapers In their hands, which formed what
ia termed "a solemn and beautiful scene, The
Paulist Fathers opened mission in their own
church, in Fifty ninth street. New York. last SUM-
day. 1t is restricted to parishoners. The follow
ing ecclesastics have been named Bishops BY the
Pope :-Monsignor Mariana Positano canon of St.
Johns Major Naples, to the See OF Castellaneta !;
the Rev. Father Don Salvador lola, abbot OF the
Canons Regular OF the Lateran OF Piedigrota,
Naples, to the See OF Ugento Very Rev. Father A.
Ferrante, OF the Oratory, Naples, to that Of Cali
POL. Neleaxe. bit thKee vacancies In TIE Italian
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23

dIse for the week proving much larger
than the calculation which had been based
upon the dry goods imports a. reported
Friday noon, the gold market strengthened
and the price advanced to ll5x. with the gain OF
specie in the bank statement ana the WITHDRAWN
of greenbacks BY the Treasury the price Yielded -
li5k and closed heavy at that figure The course
OF the market Is shown In the t.nie.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
NEW YORK HERALD SUNDAY MARCH g. SHEET

the father OF Jesus, and. n not what is the use OF
dragging in Ms genealogical record to prove the
descent OF Jesus from David and AbrahanS
As well may the friends OF Colfax quote the ances-
has descended from the man who would not deny
that he Cut down the cherry tree with his little
Ratchet. II Christ was a descendant of Abraham
through the line OF Joseph, what becomes OF the
dogma of His divinity Mr. Beecher. in his ''Liie
OF Christi saws. cit IL expressly stated that Joseph
was OF the house OF Davd;' but there is no evil
dence that Mary was OF the same, except this I'M
Lord God shall give Him the throne
or His father David Since Joseph not his
father it could only be through His mother that He
could trace his lineage TO David" Z. II. Il.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
Biblical Genealogical Records.

To tue EDITOR OF THE HERALD
A reader of the HERALD would like to inquire OF
your correspondents on theological conundrums"
whether they In tracing their ancestry, would lock
to the genealogical records OF their parents or
to those OF stepfathers, so fortunate a. to have
such relatives. we,Ge told that IQsepA Vaa not.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23

$l0Oc0Tenn SIS, old.b30
lUOO0 do. .b3
llOU0 Tenn Us, new. -.
lUUOO do. .s3
300 N Y gold loan, '57
l6OC Ohio IS, 1886. =.
1000 Brook 6's, PIX L..
2U0O Missouri 6's. $50.
l0O0 N Y G rs, rs. 80.
5000 Erie 4th m.
100 Clev 4 Tol 8 { BIDS.
lO0OU b, II & Z LIST. 49,.
lUU0 do.
500 rae RR OF Mo I'd.
100 Bur, G X d M lst..
l0Uu Tn + rs. ! x b. :.
10000 I'm Pac los, inc.
1000 do. :. $3.50.
5000 do.
1000 Long Dock BIDS. b..
1000 Tol n Wab LIST IN.
400 CT West LIST. 'SS. =.
sou Nor a rs I'd H..
l0OO N j Cen LIST, new.
1000 Alt 4 4 II I'd III pr
5UUO Mich Sou I'd M.
Is shs Mcrch Elk b..
~ Bank OF Commerce.
80 Continental Bank.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23
me ioHoWlng tapie SHOWS Tic nlghest anu lowest
prices OF the principal stocks during the day.
SALES AT THE NEW YORK STOCK EXCHANGE.

In Philadelphia Reading was steady and quiet
at l15k.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23

In the gold loan market the rates ranged from
7per cent for carrying TO nat for borrowing. the
operations OF the Gold Exchange Bank were -
follows:
currency balances. ....-........s..-... -'W.vSa
The Sub-Treasury paid out $4,000 on account ~
interest and 81. 100 on account OF redeemed i've
twenties.
TuE SPECIE MOVEMENT.
The specie exports to-day amounted to Si5s.ooos
all silver The total exports OF specie for tho
week Qikcwise all silver ana since the beginning
OF the year have been as foll0ws:-
Total for the week. .................... s7os,s7s
previously reported. 1855. $50
Total since January 1, 1873. .Sl2, s99. sos
Same time 1871 ..................... 4575.lH
Same time 1871. IL 3SQ.O2l
Same time 1870. ACKNOWLEDGEMENTS. GJ7s30
Same time 1860 ................,...... eTg7.030
Same time 1868 ACKNOWLEDGEMENTS l0lV.0SI
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-23


formed church in Plattekill, Ulster county, N. ",
died suddenly OF apopexy, on Tuesday, March H.
Rev. Joseph Harvey, just deceased, in Michigan,
witch Islander ever brought to our shores into his
family, and suggested the sending OF missionaries
to his people. This was in 1902 and he lived to sec
that whole nation converted to Christianity. The
beginning OF this century the seat OF one Of the
largest Jeshibahs or Jewish high schools, in Ger
many, Is Just now In nutter OF excitement,
caused by the introduction OF an organ In the
main synagogue Of the city. The First Unitarian
parish In Portland, Me-, has unanimously invited
Rev. DR.. Thomas Hill to become Its pastor.
gone to Charleston fer few weeks for the benefit
OF his health. The Hebrew Free Burial Society has
issued an appeal asking for contributions from in
dviduals in order to enable the society to respond
TO the demands made upon it, seventeen congre-
cations and societies have so far furnished the
sums required, but the amount proves insufficient.
Since the institution OF the society $40 persons have
been buried at the expense or the society. To die
and be buried nowadays is almost as expensive
as TO live, and there are few who have not wit
messed the Distress additional to that of grief for
the loss OF a beloved member OF a family, which
lacerates the feelings OF family too poor to pro-
vide decent interment for their departed rea-
tives. The prospect now - that Rev. Warren n.
Cudworth, OF East Boston, will decline the invita-
ton oil the Third Society OF Chicago to become It's
pastor. Another Purim reception VIII be held to-
day at the Home for Aged and lnflrm Hebrews in
Thirty-second street. single issue OF the Rett-
g,ous Telescope reports additions 10 churcnes OF
the United Brethren TO the number OF 713. Rev. w.
X. Lee, formerly OF Fair Haven and recently OIL
Brooklyn. N w. has received unanimous cali 10
the pastorate Of the First Congregational churcn at
ford Conn. has been called to the First Congrega-
tiona church, Baltimore. Rev. J. 8. TAFT has been
expelled from the Congregational church at Extra,
torate at Kankakee, H., to accept repeated call
TO the CONGREGATIONAL chpIch at Jackson Mich.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12
Railroad Matters.
l. NJ, CLEMENS, Supt.

The work OF sloping The Thayer hill Is
drawing to an end The earth is now being
picked away and shovclrd up from the side of
The track. The filling of the marsh has reach
ed the corner of the road opposite Watrous'
black ksmith shop
An office building and station has been iais.
ed at the harhor by the A. Y & p. Co., just at
the foot Of the chestnut grove hill. in limo
with the front of Hubbard & Co.'S store The
size is some 2Ox35 or 40. Ii is two stories
high. with offices on the second floor Nj. G..
b. Raser will hold his Office on this floor.
The cranes upon the A. Y. & =. dock are
now in working order with "A track running
along near the front line Of the wharf These
are intended for handling ore, the first arrival
of which is hourly expected. The scoops lift
IRON the hold of a vessel about a ton at time,
which is swung around TO the cars and dump
ed on the revolving principle. They will also
be used for loading vessels with coal, coke &c.
We understand, says the Cleveland Herald,
that Mr. Amasa Stone has assumed the duties
OF the position of managing director of the L.
S. & NJ. S. Railroad. Under his previous man =
agcment CT the Lake Shore it grew from the
Cleveland Paincsyille and Ashtabula Railroad
to the Lake Shore, extending from Buffalo to
Toledo. He returns to find the line extended
from Buffalo to Chicago, with ramifications
extending in all directions. -.
w. III. VANDERBILT has becn elected TO the
vacant tirectorship of his brothcr-in law ,HoR-
ACE F. CLARK. and the Commodore has taken
policy, he determines to close up the work of
double tracking the road, and proposes the
Outstanding of the revenues of the company
for the liquidation of its floating debt We
learn that most of the grading is done to Chic
ago, and the second track is down TO within
some 100 miles of that city.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12
time tits system hs. bccnrn operation jusuaes

time tiiIs system has been In operation justiacs
the Board In continuing IT,
All the schools have made good progress
In vocal music during the year. Those schools
In which the teachers undprsi0od The subject
and were able 10 sing well, did the best work
and the most Of IL. The ability to read music
and 10 sing we'll enough 10 lead The school,
ought to be made an indispensable qualification
OF every teacher. Music Is one Of the most
can command and whether special teacher
of music may or mpy not be employed here
after, music ought 10 be made one OF the excr-
ciscs from which no pupil is excused without
good reasons.
feel justified in saying that the results
gained in the work of this year compare Ia
vorably with those OF former years The
teachers have been faithful in the discharge of
their duties, aud the pupils, with but few cx.
ccplions, have Deen orderly, attentive and dill.
gent .
That our schools are increasing in populari
ty and fliciency is shown by the TACT that 20
pr ivatr school has, Ior the last two years, been
su stained Tor any considerable length of time,
and. also, by the fact that 20 foreign pupils
have been IN attendance part or nll of the
last year, paying tuition TO the amount of
$17i 90. This far exceeds the whole amount
of tuition taken for the last five years / can
Sc c no reason why pupils who live near our
village. and who have heretofore gone To the
private school in the country, may not be
brought into aud retained in our schools This
will certeinly be the case when our schools
become as good or better han those private
schools are. .....
1t is TO be hoped that The Board will not
yield too much to the cry of Economy" now
SO general throughout the State. Ii is nm easy
matter to lower the standard of IA school, but
not so easy TO raise ii again.
In conclusion let Inc thaUk the Board for the
firm support they have given me and the other
teachers during the year past, and let me urge
you to continue this support that The schools
may yet be what they ought to be--a power
for good and an honor 10 the village.
Respectfully submitted
l NJ CLEMENS. SuDt
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12
THE NJ ARK ETS.
Ashtabuia Market.
AsuTABULA, July 18th 1873.
From the Chicago Tribune.
CHICAGO MARKET.

The Chicago produce markets were generally strong
er Tuesday, under greater demand. Mess pork
moderately active ard 1OG25 cents higher, closing
at Sl4s50ti5.a0 cash. Lard dull and shade firm
er, at ss0JdS 10 per 100 cash. Meats quiet snd
&c higher at TJSlIc for sweet pi ckled hams. Lake
freGhts active and lower &c for Buffalo.
Flour was less active and unchanged Wheat was ac-
tive and nc higher, closing at .1e, cash. Corn was
active and 1e higher closing BIC cash. Oats were
less active, but 'hc higher closing soc cash Rye
quiet and hrm at so. Barley was in good demand.
and strong at 5sG0c The stock of gra in store in
the city the close Of last week 13 III bu wheat
s6G6siI bu corn; O59OoS bu oats aSss9 bu rye and
1880 bu barley aIso 1880 barrels of -four Hogs were
in active demand and the market strong at 81 600.
o. for poJr to extri. Taere was good inquiry fo
cattle at slight advance last week prices, with
sales at s3.tG3d.5O Sheep ruled quiet and steady.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12

Editor TeLgraph.--A ride through tue town
Of Ashiabula, and into the surrounding coun.
try, convinces us that the place Is destined in
time 10 become n city.
Its location is well ada pied to commercial
pursuits, lying rs 1t does upon the Lake shore
with railroad communication open from every
direction, IL Is rendered accessible from all
points Oithc compass which Capitalists become
aware of the convenicnccs which the land
adjacent 20 the lIarbor and river banks
offer for roiling-mills and other manufacto-
ries' then will the place begin to lcel the ad.
yantgcs which railroads bring.
IL would be well for the town If the citizens
themselves appreciated 20 a greater extent the
necessity ofofiering good inducements for cap
italists To locate in the place. Land owners
III ruin their own prospects as well as those
ofthc town. If they demand cxhorbitani prices
for their properly.
The population is rapidly increasing and
ith II lheIomount of business transacted. but
unless caution is used, and everything made
attractive 10 the labOring class rs well as 10
the monied men, reaction may come, and the
advance OF the place be retarded or brought 10 a
Stand. In the first place good school build.
ings wit extensive grounds are.needed for the
| purpose OF allowing the rising generation 10
expand physically as well as mentally.
Good educational resources are more 20 bc
desired than almost any thing else Every in.
| teliirent man knows this, and it will often
decide him whether or no 10 move bis fam
lily into place.
AS summr- resort Ashtabula bids fair to
excel. The beach presents a beautiful place
Tor bath houses, while sailing rowing and fish.
ing may he enjoyed at pleasure.
The country in the Immediate vicinity oi
tn e town has many pleasant drives, while the
picturcsque scenery in the Gulf rivals many a
more famous place.
twill lie the fault Of the citizens If Ashta.
hula docs not btcCne;Ia commercial cent?
and fashionable summer resort. cp.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12
Gr and River gnstItute nj AustIDburp.
AshtabuIa Co, Ohio.

OBJECTS:
To give thorough ard practical business
ednccipn.
To give classic education sufficient TO en-
Ter the Sophomore or Junior classes of the
best American colleges
To give such normal instruction as to- make
frstcass teachers
To do this wih;the least. possible expense
and in the least possible time
FACTS:
During the past year eighty five pursued
the study of Latin aud sixteen Greek. OF the
two,hundred and eighty six in attendance,
nearly one half are practical teachers Every
year young men ard.young women 20 from
Grand River TO College.
In some instances the whole expense of a
whole years study have been met by the in.
crease of salary the first year thereafter.
TESTIMONIALS.
Fr ON thePrerident,of oberlin College
, river Institute has long had reputation for
thoroagh and effective work. The students who came
from Au-tinburg 10 oberlin-years ago-were sure TO
pf RE wetraines sqch a. i was pleasure to receive
cut head, Prof Tuckerman, and rejoice in the ear.
nest ana efficient pupils that come 10 Us from his
cesriul training Such a school is blessing and an
honor to the region in which it is located.
oberlin June 18th, lsT?"
From Report OF State CommssI oner- of Common
chools. Page 154 1870. Speaking vf Nomal Schools
the Reporter saws
THE Grand River Institute, at Austinburg, deserve
honorable mention IN this connection Under its Prn
cpai Mr. 1uCkerman IL Il taking yeiy nearly the Il IL
tiun OF a Normal School. and is annually prep tring
large classes OF young men and women for teaching
Large additions are being mace to the
buildings,
Fall term begins August 10Th.
..TUCKERMAS,..P President.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12
MAHRIED.

In Ashtabula on the End inst: by Rev, j. N. MeGif-
fert. Mr.. FRANK sHEPHERD of Erie, Pa, and Miss
LIZZIE BACON OF Astabula, al a.
In Sayhrook July 3Oth, by Rev a. Fours. Mr., CHEs.
TER u. RusH OF Willoughby Ohio, TO Miss MARY j.
FIIHT Of SaybroOk. Ht'.a ri
tn Jefferson July Ist, by W. n RpggIes. j. r., Mr..
CHARTS Ewes Of Eric Pa, and Miss ALMA BLASoH-
sHp. OF Harpersheld, Ohio.
In Hamersned, duly 81, by Rev. Frar els II. Beck,
Mr. FRfsToS j. EpwARDs and Miss Lucy II. PAYNE,
both Of Harpersheld. t.....fl
At the JegFs~B Hopse July ssh, by r. leonard.
E;q y 5Eglssw q FGaalss, of saybrook " ." "'--
a4--'- ,.ytsfzsAuR, OF renox, 0. a
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12

Mcpherson, on the l0lh ot June, was elected
County Seat, and will soon become n town
worthy of notice. Buildings are being put up
rapidly, and with speedy prospects Of a rail
road, we are happy. Crops OF all kinds ARE
looking splendid. rain pleniy-we average one
or two good showers per week; have been
enjoying new potatoes, green peas, turnips,
beets and all the carly varieties of vegetables,
for three or four weeks. Tell everybody that
wants good health, good farms and good pros
poets, to come TO Mcpherson Co., Kansas.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12

The Injunction case of Haskell VS. Geoppin-
ger, has been heard on petition for dissolving
the injunction, alleging that the obj clions on
which the injunction as granted, were moi
necessary part of the business OF glue making.
A demurrer was entered and the case was con-
tinued, with permission to amend petition
which carries the case in statu quo. TO next
term. The Judge, in allusion 10 the matter,
said that the parties complaining had right
to pure air.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1873-07-12

noisy way TO work Oft some Of his extra
patriotism, and though on this occasion there
was noise enough TO satisfy the whole neigh.
borhood, yet with the element Of safety lack
ing, lac will surely remember that "dscrelion
Is the better part Of valor" q.