davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1874-08-22
FINANCIAL and COMMERCIAL
An Animated Stock Market with Varying
Fluctuations, Closing OF.
GOLD, 100 rs A 10.
Foreign Exchange Stesdy-Mouey Easy
Railway Mortgages Firm-Miscella.
neous Securities Quiet.
WALL STREET,
hnAY, August 21-6 M.


the general tenor OF the Wall street markets to.
day was still toward improved prices al the open.
Ing, although late IN the day there was q reaction
and at the close the market was Oh. There are
two theories operating upon the market just now,
which are given here without Endorsement for
what they are worth, but as forming part of
gossip Of the street. which more or less aect action
In the stock market One is to the eject that the
return OF the great bear leader In advance Of the
other large operators who are stl rusticatIng was
duo to his alarm at the incipient strength which
the market was showing while wholly Tree OF bull"
influence, and that he hurried back before "the
srowd" to cover his shorts ere the natural recov.
cry OF values incidental to an active crop move.
ment IN the iall would 1ud him at dlsadvan tage.
Another statement OF his intentions is that supple
menttng this action he intends to with
draw from the market and permit the
advance natural upon crop movements
10 produce an active money market,
when he will endeavor 10 50 manipulate the ma
chinery OF the new Currency bill in respect to the
redemption Of the national bank no.es as in au
active money market will excite 1t to such strin-
gency will supply the occasion Of rapid sales for
tash and so furnish the basis OF another bear raid.
This Is gossip, but gossip on Wall street Is as In
nuential, frequently In anecting values as stated
tncontrovertlble truths. man absorbed In stock
ulatlon, not needing the larger movement OF
The world beyond him, Is as likely to be Influenced
BY current gossip as py startling fact
STOCKS
showed considerable animation to-day, with less
drmness, Western Union, Lake Snore, Pacific Mail,
Union Pacific and Wabash being the features. In
the early dealings prices went OF 4 to u per
cent, but at the hrst call there was a general re-
eovery. At noon and Immediately thereafter
there was a weaker feeling. and Western Union
went or u per cent from the highest previous
6gure, Lake Shore u, and Wabash, Union Pacific
and Pacific Mail u per cent. At the second
call the market was dull at fractional
advance. During the last hour OF business the
market was weak, and at the close the market
exhibited decline OF u to q per cent from the
highest point. The greatest decline was in Lake
Shore. western Union, Pacific Mai Union Pacific
and Northwest common, Explanations are given
OF the activity OF Western Union to-day, the deal
lngs of which were nearly one-third Of the entire
days business, but as they are contradictory 1t is
not worth while to state them. The total sales or
to-day were 112 $50 shares, OF which &c. 500 were in
western Union, 267 700 in Lake Shore, 20, 200 In
Union Pacific and O. 100 in Pacific Mail. The sub
joined table gives the sales OF each share, also
THE HIGHEST AND LOWEST PRICES.
The New York herald., 1874-08-22
for the Information OF buyers -


the bankers named:-
segman Il Co., steady. ..4s7ls 4.e1 less com.
grexel. Morgan 4 Co.. quiet. .4s7h 4el less 1-le.
Bank OF California. steady. .4.s7 net.
Brown, Bros. & Co., STEADY. ..4s7H 4 81 less com.
London and Aslatic Co. on
Joint Bank, STEADY. .....4.s7 less com.
MONEY
ID still extremely easy at to az per cent for call
loans and to per cent for prime mercantile
paper Some of the banks are receiving orders for
currency for the West and are meeting them by
shipments of bank notes. 1t would be well for our
banks to look closely into the operation OF
the Currency bill, and see If there is any
possibility OF the redemption machinery
therein provided being 80 manipulated as above
suggested as to produce an artin cial stringency.
Excellent authority condemns such possibility
as absurd but there are those whose opinion Is
worth something who are less pronounced. "An
ounce OF prevention" anyhow, lis worth a pound
OF cure, The amount OF national bank notes re-
ceved at Washington for redemption to-day was
$450,O0O. The internal revenue receipts were
$4,000.
THE FOREIGN MARKETS
we're without new features, American securities in
London being generally duh, but firm. The Bank
OF England gained f15o,OoO bullion on balance to-
day. Closing prices In London at five p. NJ were
as iollows:-Consols, money, 92's 921s; do, ac-
count 92h 92ss old 1865 bonds, 10s2l 109; 1867
bonds, 1092s 1o9h; ten-forty bonds, 104; new
hves, 1o4's 1O4%; Erie, soh. Rentes at Paris
were 63f. 67Ac.
GOVERNMENTS
we're quiet and steady, closing at the following
dgures limited States currency SKIES, 1l7h
l7Z; do. skies, 1881, registered, 1l77s 117h;
do DO. do, coupons, 11sL 11sh; do. ffve.twen.
ties 1852, registered, Il2 1l2y4; do do do. cou-
pons, 1i2>s 1925; do. do, 1884, registered, 114IS
ais; do do. DO, coupons. 1862 a lle; do. do.,
1865, registered, 115a 1le; do. do. do, coupons,
117H 117n; do. do, 1866, new, registered, ll5k
Ile; do do. do. coupons, 1ls,k a l1es,; do. do,
1861 registered, 1883 III; do. do. do. coupons,
117x 117zs; do. do. 1868, registered, 1ie,z III;
q do do.. codpons, l17k llsts; DO. ten.for,ics.
The New York herald., 1874-08-22

Wheat was dun and &c. &c. lower closing nominal
at about 81 10 for No. Chicego 81 % 81 "a
s. q for, No. Milwaukee, 81 rs Tor No Minnesota,
81 25 for No Milwaukee in store 81 20 81 23
for old winter 81 8 81 81 Tor new red and amber win
ter Corn was in 'air demand and steady. the sales
mostly atslIci SIC stsc. for high mixed TO yellow,
and ~ 90 tor white Western Oats nrmer and
good demands the sales were about $1,000 bushels at sic
Doc tor new mixed Soc Tor old Western mixed SEC. n
5Sc for good to choice Western white. Barley and
rye were inactive and nominal
FRSIGHrs For berth reghts the market ruled quiet
with rates Tor grain accommodation again decidedly
lower The charcring movement was inoue eratcly ac-
Steady rates were obtained. The engagements com
prise Liverpool. by steam, $500 bushels grain at
3D. 61sd sO bales cotton at I'D 6l 800 bbls rosin
st IS Sd and BY sail so bushels Of corn At sid 10
charters embrace Austrian bark. hence to direct
port. Bristol Chanel, with 5000 quarters of grain,
at IS "a an Austrian bark, hence to Bristol,
xs austrian % sar nsnse % do direct M As Sort M br.,"
Channel with 1910 quarters Of do at As Cd. an Austrian
bark hence TO Cork for orders with 1900 quarters Of
grain az os aad Norwegian bark, hence t9 Liver
hence to Marsecs with y ~ bbls OF do, at 5s; Nor
wegan bark hence Dublin Belfast with 230O bbs
OF refined petroleum, at 4s I'd Norwegian bark, hence
70 Copenhagen with 275o Dbls OF refined do. at 5s
Norwegian bark hence 70 Chrisana with 200 bbls OF
refined do, at D.. bark, from Philadelphia TO Cont
mental port with 5000 bbs fined do. at 4s I'D. or
A.. I'd, according to port.
:, GuNNlks-Under continued good demand for domes.
foot up 100 bales OF heavy average domestic cloth at
Hc I4lc. ana 26O bales of Calcutta at about l0s,
closing with quotations as foIlows:-Domestic Cloth,
heavy heavy average the 1.sc: spo'i Calcuta ioac.
HEMP AND JUIk-1hc market for hemp remained dull
and nominal The last sale OF Manila was a lot of 7tW
bales, which brought &c. We Quo.eDrcssed American.
The New York herald., 1874-08-22


opened at 1o9X, advanced to ITO and closed at the
lower figure. The loan market was q trine easier
ana per cent was paid Tor carrying. with other
transactions nat. The Customs receipts to-day
we're $507, 200. The Assistant Treasurer paid out
$4,000 in redemption OF fve-twenty bonds and
$40, 900 on interest account.
OUR IMPORTS
The total imports at this port for the week end
ing to-day were $3oa5.267 and the amount mar
keted So, S21, ,oA. The imports for the correspond
ing week of last year were s3,31537s and for 1872,
$4,l40,111
FOREIGN EXCHANGE
wac quiet, on the basis Of 4s7H for prime bankers.
90 days, sterling, and 4.91 for short sight, nominal
rates. with selling rates 4.SeZ 4s714 and 4.90k
respectively. Continentals were quiet and steady
Reichmarks 95h and 96%; Gables, 9e% 96%; /;
prime Paris, 5.23X and 5.l1i1. AS tomorrow is
what Is known in the busy season as "foreign ex.
change day" we give the folio wing list OF
COMPLETE QUOTATIONS
for the Information Of buyers:-
The New York herald., 1874-08-22
CLOSING PRIOEs-s o,oLooK P, N.
COMMERCIAL REPORT.

Cotton steady-Flour Lowcr-Wheat
Lower-Corn steady-Oats Tirmer-Pork
Dull-Lard Easicr-Berth Freights
Lower-Conee Lower-sugar Firm-Pe.
troleum Dull and Unchanged-Naval
Stores Easy-Metals Dull-Wool Firm
Whiskey steady.
FRIDAY. August 2l-8P.M.
The merchandise markets were s.!ll irregular,
and in numerous instances prices were lower. At
the Produce Exchange nour was dull and lower.
Wheat was also dull and decidedly lower. Corn
was In fair request and unchanged. Oats were
nrmer. WhiskeY was quiet. Pork was dull and
wholly nominal. Lard was easier. Freights were
decidedly lower, particularly grain freights BY
steam to Liverpool Groceries were quiet but
steady, with the Exception OF Rio coffee, which de-
clined fully ac per 10. Cotton was quiet and
closed steady. Petroleum was dull, but not quoably
lower Naval stores quiet and tended In buyers
favor. Wool was moderately active and firm.
AsHEsReceips for the past three days, IS packages
The market quiet and steady. Pots quoted at 6c.
q 6Kc and pearls nominally at 90.
BEEswAx in moderate demand and steady; quoted
ct from 3oc 52sc for yellow. Western and Southern
BROOM CoRN unchanged and only In moderate re-.
quest quoted ollows:-sc l0c for new hurl,
@ Nc sc for o1 snO .na % S5usS g. &C. for red
ssss s sss fIS:;
DEMAND s% sSd mih hishsT WE chslcs fss
t s aD Choice: ger S @ % sSsd s ds s sr%.
@ ws it5 nb. to iESee ASSs Soc Selected d. co. ss%maS a
ss s Gs: ossS:s ssqHPS a.S
s % s Shssn G 'T p
sses' si;y al so9d to Rias
sc to olSsrs sf%s ' a. s and Z sSsd rs
S GOOD s e. SE. a9 ao t TAR s soSS @ a a as
good. 25c ssc Ohio and indiana suoss good 70 prime
as &C.; syss; e., :. ."1, .
ss @ ssSs !asssss s
Ids: Orange county, skins, &C. C. oh.S lsctoiy,
s.as ss a. s ao a. Isr ds soSS
s Sas besn M lsser NOR. doing in
joS6ins way, but ohs rwise the quiet and
o4 Sauss essnt aS s i
psrahane and lac. l61sc. and lsc ror IT, IA and e
and quoted
ssssss iss; sSlesds and ssssssd, IN sad
$s:s S sss
,SI::S az e. sfssaa sss
rsS 11q snS an @ and So de-
IL he: III,
quoted as foOws:-NOlasses shocks. S2.incn
with heads 50 20 q 81 Is; sugar shocks with heads
ssinch So 81 e5 shocks with heads, s6inch,
So is s. 50; box shocks 75c. SOc shocks 81 50
ss4 Is: pipe shocks IS 50 81 empty horsheads q
SeoS: hGSgs ss g D,%s &c. 40
CorrEE. For Rio the market was fully Nc. per ID:
bags Ontario and 5000 do; ex Doris Bardisen, on
way and prices showed material change We quote
RIO ordinary csrgoes Hc 17zc fair do. loc Ie4c
good do. ISslc. 19c prime dO l9xc 2Oc extreme
range Tor lots, Hc zoe Java; government bags 2c.
Maracaibo, lsc 2lc. Lsguayra Isc aOc Jamsica,
Doc Costa Rica. ISc a GI1c.; Mexican, l9c. zoe.
Savanilla Sc. 20c.; Curacao, lac &c., gold. so 30
DAYS.
Corros-The market for spot cotton ruled quiet at
changed prices "Futuresn were dealt In moderately
e early which l0af
The New York herald., 1874-08-22
REAL ESTATE.

The only sale consummated at the Excnange
Yesterday was by order OF the Supreme Court. In
forec,osurc. of a FIVE story brick tenement house,
with lot No EOS Delaney street, sold by X. v.
Harnett under tho direction OF Mr.. w. g. Utshoef,
referee.
Nxv YORK rWorERrY-Br n. v. HAHNErr
Is story bk. tenement b. and J.. 29o Delancey ST.,
Sbit ~ Of Lewis st.. lot 25x7si r. Bohnct .3S
The New York herald., 1874-08-22
DOMESTIC MARKETS,

GALVESTON. August II, 1874
Cotton nominai good ordinary IKE Net receipts s.
bales Stock, go Wcekly-Nef receipts lOj bales Ex
ports-To Great Britain lTl coastwise, 1885 Sales Is
NEW ORLEANS August q, 1874
Cotton quiet and unchanged; midding. f67xc Net 70
The New York herald., 1874-08-22
COTTON STATEMENT.
HAVANA MARKETS,

HAVANA, Au9ust H. 1874
Spanish gold, 223 IA; Anne ricsn 22b 22e Exchange
IN tair dsmnnd on the United states 6u days cur,
premium; on Paris lbs l@ premium:
Freghts-Loading at Havana, to Falmouth and ORDERS
ass SIS 3D. loading at other ports on the north coast
To Falmouth and Orders A0s. Il 42s. Sd.
The New York herald., 1874-08-22

aYsss. sss e. & ss':;s'. :;s. 9;':': ::|.s g.
S::s s..s:..s ls|:s IL: L IL sss sa ss s.!
fGST S.@ss si backs so msa. S bssi. 5
s sss i!ss e s I1sS'e ssSs
%ass 81 Sss sSe e. 1s%o'.
ssTy ,ss., SSSsS ksS a: sSc English Islands
and eosns With III
M' D soss @ so
dull. dull wit with strained quoted no@nsiy steady 4 so
e se e Of pso S nsseoed ss % s1d 80 S
the market ruea rm At &c. &c. for casks from crnsh
nns Of Ld 81 s s SSs vn
@ oSsp seed e. q f
SC sperm and whale oils were only msderateiy as.s
en-
% ns'uT: "a and sc &c. for
market rensa ns and
ssSHssSd sss o1'sS ~
sssss ssfssda mst nd
@ f.. G We S s soa @
.s hs sses Te5 Gy Sr h
81 Nh Petroleum Centre. sc E9usevllle s5c. s7lc.
IS .;. e,
Si ;.s;
sSSs !: s.fs "a % o1s S5::
81 iss iSas pts.ssd hogs We're quoted steady az from
quiet :sd 5obbs
Ss: TO hi
city india Beet hams sinss auist:
vsass iss sns bushes. sss W have onIy
::. B., ssa ;s
e. :ss' s:;f;
sellers option DecemSer atl3s, and sSoj
xsss sSs sssS SIss;$ e
arc sc.Tcs and wanted G.mepwoOdcocs was i1
eS!ssen. ase &c. per faadsieha DO ass
sosS % % rs's & PRONE o% 'Ts s sa Choice s's ST. do" & a ao
s ',5 rssss asss: s?ss
xfSs;as sn;stsS. a. S'S 0 'Ss @
fgs s % ss saa
;sIsss s ss Tss,,sa &C. 81 4
81 g 5sssr. s
ger psi, SoOd0ock Western 'l do State and Jersey
about steady pIiss: Sales tsisss Of Caroins g.
mssses S and
IN market for raw sugar ruled Quiet bs! was
per T ss eoxs. slsysa .s and boxes DO
Standard Fs9ss .nd @ SSs'f FOR
nsniGs s M interior &C. SU 90 p% s .' & s. good
sc sroSery TAR to s9,9d; S1S hd 81 sfr SG prime
M ec molasscs ,.vss bids so1u and pS9S 6GSes &c
s5s is' g ss s' lss A. SS
fGG'ss IT. s as M syabasaa sssssh i'ssSsr sSs
a s.c Msnila-superior and extra superior. 7iac. a
IN seed leaf has been l.s; acy.
sr1as ss
S e do ss ,rc| STSg n DO % fG
sEsS, 6 q
hs"?s ss %:' S's s1S % ' Sss 20 fHs "a
'0i1 G.sog The asrss. ". quiet and easy; sales |"
Of sss nave ssr no no change to motto.
in market ysssts.c. demand wa.
81 3d. wSns aruS: 81 s iS Russia % g ao
SS saHSass i%s Sess, PEP Rf Sas 3
SsI IS % s'n 81 slsss ssT ss a @ lettuce @ tas
strlng beans Long Island per bag, $l cucumbcrs Long
Island per 100, 81 cauli1owers, per dozen, 81 a So
Long Island tomatoes per basket 25c 3,c; Egg plant
pcr dozen, Soc q 6l1sc.
Wool. The market contnusd moderately active and
three days include ;-NoO0 lbs Of double x Ohio
fleece at 55c 1000 lbs of Western fleece at 4sc, SOU
aecce At pie, 1000 ibs OF medium pawashed do: a!
at Soc &C. 9Ooo lbs Of Eastern Texas At s5c ssc
sUjO lbs Of DO at &c. @c. i2,oH lbs Of Western
tern. do, at asc aoUo lbs Of ialI ,Salifornlss
lis. Of california pulled Ar. 900 los. OF very choice
do soc 6c IL bales of fall do. Csc 10000 lbs of do
MA $500 r.; Of and xX ohio SseSc: 300 ib.
lambs pulled. 1900 lbs OF California tubbed, Q bale
spring California U0W lbs OF b. A. Mcstiza, 81 bales
com Uprising iso Daes, all ON private terms.
WHfsKEY.-Receipts, 3I5 bbls. The market quic
and aeadp. sales 2O0 bbs at 81 03 per gallon.
The New York herald., 1874-08-22
EUROPEAN MARKETS.

LoNpoN. August N-Evenna -Linseed oil. Ns g. q
27s 90. Spirits Of turpentine. 24s Sd. a as. Ga.
LIvERPooL, August 2l-Evening. Common rosin g. Cd
4 7s. Der cwt.
The New York herald., 1874-08-22

For future delivery basis low middlins the sales have
September iO at is zs2c: 1900 a l6c October 800
Is 7s2c oo st at Is ssc NovemSer @ a. 49, Is iSsc e sol
January loo At Is l7ssc. February 4oo at = illsc
March 900 b 15 &c., 40 at Is 332c April leo at l6c
Total s@ bales To-day W 70 two rNsAnsns, y !, A. oc
is Tsc. iat i5'ic go At is 2sac S go A. IS Is Isis, 400
Ss$sc October: 100 a. 1sSs 500 A. a Is iSssc SOP
at Is issc Ii0o at is s6c., 800 at IS i9s2c 1900 at
K ls pessmSer loo % at BE- 10 80 ssf st Is @ a;
i.nasryo ia, ! LIZ rs: aSS is iSsaf
si.sse April 100 at le.c i9 at lS ssse 40 At lSsc.
eeip me ports were as M g bales
mington 2: Norfolk. ll; Baltimore, Total $50 This
dav last week, 7S5; this day last year. I42 Rates on
cotton foreign ports quoted thus:-To Havrc. by
sail, Sc TO Hamburg, BY steam, &c; by SAIL Ac 10
crpool iad. sI6i. Gy steam 1914: bv ssii; '"'
FLOUR -kcccipts-Flour, 5,626 bbls. wheat
81 sss bushels cSTn ao do oats 3 .2s DO The honr
the extent l0c per bhl The sales up about
l0OO bbs, including all kinds; at figures within the
aniet and steady sales $50 hbs figures within our
nd auna -
The New York herald., 1874-08-22
RAILWAY EARNINGS

RAILWAY EARNINGS.
The earnings Of the Cleveland, Columbus, Gin.
oinnati and Indianapolis Railroad 1nr the sec ond
OF August show an increase Of 50, 5e3 IS over
the same period last year.
The above report is regarded with much interest,
as furnishing the first evidence Of the anticipated
improved fall tralc.
UNION PACIc LAND REPoHr.
The following Is the latest ofncial report Of the
operations OF the Land Departments Of the Union
Pacific Railroad Company
SALES.
July, ls74-22oo5 54.1o0 acres for. $1oo $50
Average price per acre.-.... 81
Total sales to July 81, le74:-
1,035,784 90-l00 acres for. ........... Aylo367
Average price per acre ...... 4 IS
Lands belonging to the company remain.
ing unsold II, ,044 2l5 10-lO0 acres.
LAND GRANT BONDS.
b0nQS issued. SIC, 100 600
Less cancelled by Land De-
Less cancelled BY trustees.... 7R, 900
-- 2ao5,oo
Leaving bonds outstanding. $aos5, 900
LAND NOTES OUTSTANDING.
July 81, 1S74-Princtpal Interest not in.
cluded) S2675,710
CASH IN HANDS OF TRUSTEES FOR THE PURCHASE
OF LAND GRANT BONDS.
BOSTON, August II, 1874.
E. H. ROLLINS, Treasurer.
MORTON, BLISS Il Co., Financial Agents, New
York.
SALES AT THE NEW YORK STOCK EXCHANGE.
The New York herald., 1874-08-22
rss!stsrsd. isoX Iioxl DO. do., coupons, llta
IlAk; do dves, 1851, registered, llsX 1929;
do. do. do, coupons, il2x lI2x.

rsgistsrsd. i3oX . yiox, DO. do., coupons, llta
IISk; do. dves. 1851 registered, ltsK . ll2x;
do. do. do, coupons ll2x lI2k.
RAILWAY MORTGAGES.
The leading feature In railroad btvads was the
strength OF the Pacific mortgages. tho demand for
these having been active. Union Pacific SINKING
funds advanced to 7oz; Centrals sold at soh I;
Union nrsts, s4k; land grants IS, and incomes, S.
Chicago and Northwestern cons oaidated gold
bonds, coupon, brought 7sx; Rock Island sevens.
IO4k; Erie nrst, lo4. and New Jersey Central con-
vertible l02k. Sales OF Cleveland, Columbus, Gin
ciuuati and Indianapolis nrst were made at Iolk Y.
and Ohio and Mississippi second It rs 7oK.
Railroad bonds were nrm In the Nnse afternoon
dealings. The principal transactions were in Pa.
cifc issues which sold at eok for Centrals, Sax
for Union nrsts, 90 for incomes and zoX for sink
ing funds Lake shore consolidated registered
brought ok and New Jersey Centrag convertible,
102k.
Central Pacific bonds closed at so,1 Q so,I, and
Union Paclncs SAX q SAX for nrsts, IS s5k for
land grants, s5 q ssts for incomes and 7ok Il
for sinking funds. western Pacincss closed at 81
s2A.
MISCELLANEOUS SECURITIES.
In State bonds there was an a1vance In Tennes-
see old, ex.coupon to IS. Georgia sixes brought
70. The only sale OF bank shares reported was
North America at co.
The folio wing were the operations of the
The New York herald., 1874-08-22
SALES AT THE NEW YORK STOCK EXCHANGE,
Friday, August 21-.I0 A. M, |
Bofo0o Call.

$4,000 y s e's. r. ST.. 1l7ss
120UO q 8 SEQ. c, "a. :. 1857
500 Us SO, c, '66n. l16Is
1000 do..........bc &C 1l5zt
Hoo U b 5-zU, c, 10 H.. ll61s
Firsl
$1,000 Georgia SIS. 80. 70
1000 N @ 6's. o. j a., ISia
1900 Tenn 6's, o, ex c.. 57N
2OUO 90. So
500 G, Z, q 4 I lst. :. l0l1S
lUOtO N j Cen con. ..b C 1929
600U q, RI 4 Pac 7's..c l041,
l0U0 Eric lst m. -. BIC lU4
7UUO ohio a NJ I'd. 80. Is
2OO0 do.. 7632
WOO Cen Pac gold bs.. 90ss
20yU Tn Pac RR lst.. 841s
30U TN Pac 7s, g.. IS
l5UJ0 Tn Pac 10's. in... IS
SOD q Il NV &C & b. be 1874
1000 I'm Pac skg i'd. 20
Is shs Blk North Am. ~
2U Con Coal. l.......... IS
The New York herald., 1874-08-22

THE ADVANTAGES CLxL0ED
for this location are many, and they appeared to
strike the majority OF tue visitors yesterday. the
first Is that owing to this being The eastern point
Of Staten Island the wharves would be entirely
Tree from Ice during the winter this being the
Tor quick and easy Shipment. The water frOnt ID
also protected BY the high land at the back. Tho
next advantage Is that snips can unload here.
owing to the extent OF dock room provided, in two
or three hours, whereas In New York and Brook
lyn, owing to the smalness OF the wharves, they
have frequently to remain at their berths dis.
charging their cargo oil cotton for several days.
for after landing 200 800 bales they to wait
until they are cGrted away TO the different ware
houses before they can get any more out OF the
hold. This naturally causes them great incon.
venlence besides loss Of money by the cost Of
delay
The New York herald., 1874-08-22
FINANCIAL.

I APsLEY 4 BAILEY BROKERS, u BROADWAY
IL Double Privileges, $3.50 to $3.50 Puts Calls Sloo
phet, "how Money Is Lost and Made in Wall Street."
to be had Of Brentano 81 Union square price 80 cents
NORTHERN PACIFIC RAILROAD BONDS BOUGHT
IN and sold by LIVINGSTON 4 COMPANY,
Bankers, 10 Pine street.
The New York herald., 1874-08-22

for the new warehouses and the place where 1t 10
proposed to pick, bale and press all the cotton
brought into the port. This property, as Is well
known, adjotns the road leading to and from the
Tompkinsville ferry, and is bounded on the north
runs back to Stuyvesant avenue, covering an area
OF twenty acres. The bulkhead, or water front, Is
1000 feet In length. From this four piers, 65 1ees
wide ana 400 feet long, have been built, with Q
space between each OF 17S feet The depth of
water at the bukhead at low tide Is II feet ana at
this regard