davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
WEDNESDAY, July 7-P. VI.


Telecrams from Washington to-day state that the
Secretary of the Treasury claims, under the pro-
Visions Of the specie resumption act, the power 10
increase the bonded debt to any amount necessary
70 carry into effect the provisions OF the
act. and the dispatch also reports him as
saving that he has already sold some
ten or eleven millions of per cent bonds, with
the proceeds of which he has purchased silver coin
and bullion and that the Treasury now holds be-
tween $40 600 900 and $l1,OOOOOO IN SILVER com
and bullion. This will be a surprise to many people,
in the fact that the Secretary is increasing the
bonded debt, and in the other fact that so
large an amount of the com Dalahce
IN the Treasury is composed OF silver.
The first result in Walst. of the announcement OF
the fact was break of l. per cent in the goid pre-
mium gold selling down TO 1852, ana was offered
At that price at the close 1t would seem if oper-
ators ignored the fact that this announcement OF
the large amount of silver held by the Treasury re-
dnces the gold below any estimates which have been
made public of the actual balance in gold coin While
if is highly gratifying To learn that the Secretary
has turned his attention toward specie resumption
in $50 and perhaps may have taken the first prac-
teal stems toward such a result il is still worth
while IL study the actual position IN regard to the
demand and supply of real gold before overseeing
the market, since 1t II PLAIN that even
a successful resumption of specie payments
IN 1879 will not furnish the gold for
which there may be an immediate, pressing
demand Ii is sincerely TO be hoped that the gold
which was to-day put upon the market, upon the
receipt and publication OF the telegram before
referred to, was long gold for if it was speculative
short gold. basis may have been laid for another
BLACK FRIDAY The fact appears to be that the
Treasury actually holds less gold than the most
RAMPANT gold bull has heretofore conceded to be
cont aimed in the public vaults. The course of
the stock market to-day has justified the pre-
diction of the bulls. The market opened
l. 20 L. per cent above the closing prices of yester
day. and after slight decline in Western Union and
Pacific Mail, the whole list became apparently
strong. although the principal transactions, as on
Yesterday and for several days past, were In Lake
Shore, Western Union, and Pacific Mail. and closed
Il to II per cent above the closing prices of yester-
day. The transactions of the day amounted 10
the purchase and sale Of 137,4OO shares.
of which A, 900 were Western Union, -. 400 Pa
ci6c Mail. and $500 Lake Shore. The advance III
prices WIS ~ follows: Atlantic and Pacific leIe-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
PROTECTION AGAINST FLEA

To the EdNor or The Trt0une
SIR: Your correspondent NJ. w. 81 in writ
ing upon this subject ideas that need to
be corrected they may lead to the destruction Of val
liable and plants with advantage or compensa-
ton That the Of flies never laid or Matched IN
the house" fact well known; but they are not 70 be
found in the "few favorite localities" where NJ W. g.
fancics that they can he easily discovered" The
ordinary does deposit Its eggs upon trees or
shrubs and the descrpt gwen OF "a mass OF minute
ssects" OF dark color, the underside OF leaves,
and Of " flies small TO full grown" displays mis-
apprehension OF the history and habits OF such insects
Flies in with all other true insects never grow
after attaining their wings which marx the last OF per
the meamorhosis, called. through when
all nsects pass The eggs OF house flies, and Of all the
wild flies, produce foOtess grubs, or raggots, when
feed vOraciousy and generally in decaying amman
matter whole growth of the insect takes place dur
ing this stage Of its being IL then becomes puIa OF
chry passes resting stage. duril "Ich
Of the grub replaced ny fc prOboscs Oh c
perfect insect, process which, sir J0nn uDDocA htr
strikiugy demands period OF quiet retireent
from active life At this time, too the wings are grauu
aly developed This Done the creature escapes from l's
little oval which usually been buried AT
slight depth in the earth, and elnerges as perfect
full growI winged fly. The breeding OF flies upon trees
If impossible. IL enough that any spot where
nut i'd water or any decayng refuse is allowed To stand
will prove hatchIg place for cs anG there Is no pro
lection against them ike aud cleanliness BUT as
To digging I'D beautiful English cherries OF span
Ish variety any other NJ. W has had his labor or
auv who follows his advice. Wild flies OF many KINDS
and many sizes well common nies may De lOuhd
about trees plants. and flowers all summer long Nea
ness and regard 10 all KINDS OF o0d ana al
kinds OF refuse form tue only salegudIu aelrt INC
,,apue Of flea M.
Aelr York, July 3, 1879.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
WHY THE READINGRooM Is CLOSED.

Persons who frequent the Mercantile Library
Reading Rooms were surprised Thursday To find the
doors closed the public Many feel that this action IL
contrary to precedent and unfair 20 the large number OF
members who remain in the city through the Summer
Recently reporter of TIE TRIBUNE called upon one OF
the Librarians learn the for this departure from
the custom OF last years. Mr. Peoples said that
prior TO 1866 both the library and readingroom
were annually clOred in July for three
or four weeks. Since that time, however The
rooms have been gent open except for href At
long intervals FOR cleaning and repairs IL II The teI
zion this month thoroughly To clean the reefngrrof aud
Law down new mating. 1t was proposed % close the
library at the time but 70 this the Clinton Han
Trustees objected They thought though that the inter
ess OF the Association would be advanced by rendering
the nae of the reading % the booksellers Exchange
and Cearing-hOuse which holds book fair during the
week beginning July ~. IL desirable also 10 en-
courage the interest which ccners largely III ma
about linton Hall, and IL found that the building
could be reentcd for long term at the old rental II THIS
accommodation were made.
The librarian said that erroneous impression was
abroad that the trustees mad let the reading
room Mcssrs. Leavitt x Co. for Confederation On
the contrary the room offered u and accepted by
VIM H. Appleton behalf OF the Booksellers Exchange
The Library Association might profit perhaps from lG-
tious " books the publishers who take part III the
fair such donations would benefit the entire member
ship Meanwhile all the daily papers b0tn nome ana
foreign will be fle at the library rooms, ana can ne
read ~ usual by any persons who wish to see theln
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08

The Commercial Fire Insurance Company has lie
clarcd a sern-annual dividend of 10 per cent. pay.
able OH demand.
Mcssrs Janes G. KINGS Sons have removed from
No 81 Nassau-st. back 10 their old Offices Nos. 81
and SO William-st corner of Pine.
The German Fire Insurance Company has de-
clared a seni-annna dividend of per cent. payable
at the office of the Company, No. l75 Broadway, on
demand.
The Knickerboeker Fire Insurance Company has
declared dividend Of 10 per cent.
The following securities We're sold at auction to-
day at the Exchange Salesroom:
100000 Rochester Water Loan per cent Registered o
o''' Registered Bonds 800. 1919
ioV'' * Resistersi Bonis -. 1914
Zoooo An ecpt eaun nf odr aesa,
81 Shares Onehundred and-twenty hfths Hall -o,
ROAD Company 49,
81 900 Harlem bridge, Morrisana, and For,iham Rail-
cry.l I Boni - oSa
Shares Equitable Trust Company OF New Lon ,oo
dOn, Conn. ...--.'.''''''' iu-
d shares Howard Insurance Company 100
A. shares New YORK Oas Light Company 1871
$3.50 United Life Insurance Company per 49,,
% shares Manhattan Gas Light Company 29ss
The Philadelphia stock market is steady Penn
syyania Gs third issue no. Philadelphia and
Erie Railroad 2Oai Reading Railroad 5ia4 Penn
SYLVIA Railroad. 5Oas Gold. IL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
THE THEATER IN AMERICA.
AMERICANS GOOD CRITICS OF ACTORS.
liz EdIfor OF The III NM.


70 me Rdttor Of The Trtbune
SIR. II is well that the advice given by
-Young Actress in your paper of June 2s offered
xrtutonsy for It proved that the undersigned to that
article understood herself that point, II ON no other
,he would have believe that unless one possesses
what she calls good physical points tic first round OF
The ladder success cannot be attained by the followers
of Thesps How many gifted actresses OF talent
could De mentioned az being the orinarynay the
most homoy Of their sexboth in form and feature Tic
great Rachel although Of commanding presence, could
boast of beauty whatsoever Granted, fine wardrobe
h necessary Some one said that a carpet il the
soui of a room: 30 IN like respect does the
wardrobe stand to modern plays especially those OF
the French school Your Young Actress" moreover,
tells us that all persons possessing the requisite amount
of-lct us say iudgment-thnk that America is a
great unky art always ready 70 applaud European
reputation" Flunky" is good; not applied quite as
frequently other terms to America. Any one who
gave thought to her advice would do well TO
remember debut of Miss violett Coive, which took
place not SO very long ago this etywth what
will be- recOected mo doubt the agent that sounded
her praises would have been highly approved Dy your
correspondent No more European reputation Tor her
we fancy Her "Fdts Achates. II not resident
scross the Big Water has learned that America is not
such great funky in art after all
Look at Miss Clara Morris. Did not the patrons ana
critics admire ard appreciate her peculiar type OF acting
insured without the appreciation OF the
foreign press Perhaps Young Actress nndlg IL
NOR difficult TO mount the shaky ladder Of fame than
she imagined learned that reality Is not all couleur de
and her dreams and ardent expectations npIedi
III the bud she concluded 10 offer here experience ana
ut the same time beat her sighted amblt0n IN mus
seeking 10 counsel and encourage wOulde ceieprtes
against the obstacles they may encounter n te uese
for renOwn certainly ev1nces high order OF DeneVO
hence We agree with the poet that -, u,,.
The one most aoundantly furnished and found u.s.
And which for that W. least care about, ..
Nen York. July 3, 1875. Two OLD Actors.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
AMERICAN YACHT PRIZE FOR AN ANGIIsH


A yacht prize designed and executed by
Americans for a British club is novelty. The Messrs
Tiffany a. Co. have just completed one for the Royal
Albert Club of Cowes. Isle OF Wight tRearCommo
dore Count Battyany) and 1t will be ON exhibition until
Saturday.
The form the prize cup Ia vase OF sterling silver
% inches high and 10 inches i'll diameter at the widest
part At either hangs wreaths Of aureal bougs and
circng the border about four inches wide rep
resenting sailors gagged in dance Fesoons of flowers
above and national emblems, anchors. bouys buckets
rdders capstans and the like below add to the richness
OF this border Above the main body narrower van
or neck adorned either side with huughs OF PAIN ana
or the front back with appropriate mealions ana
trident Ia bold relief The foot Is orainented with eao
orate scrolls derived from the dophns head and sur
mounting whole ia figure Of victory holding IN each
ont.tretched hand wreath Of bays. The burnsled sill
yer is relieved by satin nnsh and the chased borders
and several ornamental devices are treated with oxide
of gold" which the glare and gives RELIEF TO the
forms The vase upon ebony pedestal IL Inches
high which plate with the following inscription
" Presented to the ROYAL Albert Yacht club ny j. r.
LOuDat"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
RIGHTS OF SUBSCRIBERS DIsREGARDED.

To the EdttOr Of The Trtdune.
SIR. The patrons of the Mercantile Library
Reading Room were somewhat taken aback on Monday
last by notice posted therein announcing that the room
would be clio and after the lst OF july TO be re
opened about the of August This, in view OF the
fact that they subscribers, had virtually cOntraeeu
for the use Of the rooms e chief nducement with many
70 subscrpon) and paid therefor in advance, seems
most warantabe action the part of the directors
and difficult TO he characterized in any mider language
than az an outrage The members have heretofore re-
signed the use for purposes sen
AZ making alterations repairs, &C. with cheer1uiness
They have submitted summary elections for the pur-
pose Of holding meetings (which ought otherwise 10
he provided or without complaint But what If the Oh.
ec for which dspossesscd in the present
IL seems that persons in the book trade want the
room for the purpose Of holding Book faii Tor
which purpose il being fitted up and the diree-
TORS are Obgng yield TO their request AT the ex-
pense OF the lawful prOpreOrs who have paid Tor pos
session in advance! what would DE thought OF land
ford who having let you a house for year. shOl
come at the expiration few months and tell yOn ne
wanted OF ii for friend for month or 90 ana
you must accordingly v4cate i'll AN OLD SUBSCRIBER
err orr. July -, 1870.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
THE COORTS.
.RRoRs IN RING INDICTMENTS AMENDED.

ERRORS IN RING INDICTMENTS AMENDED.
NEW FINDINGS BY THE GRAND JURY TO CORRECT
IRREGULARITIES IN OLD PROCEEDINGS.
The Grand Jury of the Court OF Generai
Sessions Yesterday brought in number Of indictments
against william NJ Tweed and others Of the old Ring Inc
law against publishing information about indctnen,s
until all persons named in them under arrest maze
all the officials connected with the court most reucen
but II Is almost certain that the new indictments are only
amended forms of the last seven indictments iouno
against the same persona One Of these was discussed
some length on the motion 70 quash the
against Tweed the point taken against tna' III
dictment being that while 1t set out tne o'h
on which Mayor Halls signature 10 ""'
rant for $4,000 was obtained. II dld DO.
set out the certificate attached that BILL and anded
to in the indictment This defect If II be deect CUT
rected in the indictment found by this grand jury
The other six indictments said to be also
tutes correcting and formal errors, for the a@
six indictments against Tweed and his associates IN the
old Ring on warrants aggregatng S"oOooo tue par
ticuars Of which have been recently published IN HE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
FILTERS FROM THE PEOPLE.
LETTER BOX COLLECTIONS.
METHOD IN UsE IN ITALY-A SUGGESTION FOR IN
CREASED SAFETY OF THE MAILS.


,svruop IN CsE IN ITALY-A SUGGESTION FOR IN
CREASED SAFETY OF THE MAILS.
% the Edttor or The Tribune.
SIR The recent disappearance" ~ use no
.sron ger word the mail belonging TO the Marine Bank
mentioned In Saturdays papers, In which 1t was possible
nder the present system of collection that the messen-
-, might tamper with his chargc, seems TO oner suts
n. opportuny make criticism in regard TO the
.vsem of etterbox collections now praciced In TINS
country although the disappearance above eted was ho
caused ey loss from letcrhox But in a country where
.uch remarkable discoveries the news printing teie
rraph elevators sleeping cars and bell punches not 10
mention numerous other time and property saving IN
yenons are in use II strange that the foSI' 10
shoud he 10 much behind therest OF the world
IN its manner OF collecting letters from the street boxes
They do these things better Italy for there 1t lie
n,pcss,he for the collector touch letter the mailbag
heinz divided with metallic sliding top, which, htted
TO the bottom of allows 1t to fall down thus i'm
eaia,ely en,yinc its contents aud withdrawal 1t Is
closed by drawing away from the box 80 that the let
,c, pno, he distributed until opened by responsible
xersoue NJ the Poslce who have the Key Al inc same
NM MS box bottom closed by an automatic arrange
w.nf and also tie hole, by srlnc that uoes not III
lew Of il henc opened until the ntrodtc'loh oi hr mt
fac month of the mailbag ia the grooves made Tor ~ on
aen sie Of The OF the box Thus inc ORANGES OF
,,,lIiur tie mail are made much less as the nnnher ~
agents through whose hands II passes Is dhDHhe' ana
detection of thief OF robbery Is correslondngy
.a-y will take up your space ny discussing inc
arguments Of the Introduction OF such system
here but give these facts In the hope that hereafter AL
nI roveren in letteTboXes is brought about
n NAV lee in small degree owing 10 the fact thaf the
attention az the public and the Department has been
rallied the subject by this communication OF your
Ot,es.ie Ii. G-
YORK. july ,, 1870.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
The dividends paid by mining companies IN ;
Francisco the past month were a. follows

The Manhattan was formerly owned in New-fork,
but was then unproductIve Its shipments for the
first twenty days June amounted to $l03,o73.
The stock in the Oneida Company il largely held
here.
The total length Of the Sutro Tunnel at last adj
vices was 9,s55 feet when the heading was In hard
greensboro. The estimated distance TO the Com
stock Lode from that point Is 10,l45 feet. The
Mariposa Tunnel, June %, in 1913 feet; AZ feet
advance having been made the previous week. The
heading according to reports was In massive serpei-
tine carrying rich sulphurets, and water had been
struck. The Savage main shaft ~ sinking to the
2.3OO-foot level. The Crown Point is producing 300
tons the Belcher 500 tons, the Consolidated Virginia
600 TONS and the Ophir $50 tons OF ore daily The
following the latest quotations of leading mining
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
VALVE OLA SEAL ON RAILWAY BONDS.

A COMPANY FORCED TO ASSUME STOLEN boNpo
BOUGHT IN GOOD FAITH.
A Judgment was entered yesterday IN the
County Clerks Office the report OF Murray Honiah
referee in the suit OF Martin Mas and others ag The
Missouri Kansas and Texas Railway Company ana 'ne
Union Trust Company of this city The Tebo and Neosho
Railroad Company issued bonds TO the amount OF
$1,000 900 of which the Union Trust Company was made
trustee These bonds were signed by the President and
Secretary Of the Railroad Company and sent to be sealed
countersigned and issed to the Onion Trust Company
On their way several stolen. The Railroad Com
pany having agreed with q construction company TO
build their road for these bonds, issued TO them new
bonds in place Of those stolen Afterward the Tebo and
Neosho Railroad Company assigned all their rights to the
Missouri Kansas and Texas Railway Company the de
feudants in this suit That Company gave a new mort
gage for 345 600 gold and issued bonds, OF which
sufficient amount reserved to exchange Tor inc ol
bonds of the Tebo and Ncosho Company Inc Oh'oh
Trust Company was trustee Of this mortgage also.
The plaintiffs. owning nine bonds OF $1,000 cach VI ln
first mort gage presented for exchange To the Trust
Company that Company refused on the ground tiat
the bonds had been stolen from their President ram
ts brought this suit and the action referred to MUIR
raw Hoffman The referee finds that the seal to the nine
bonds was fabricated and the countersgiatlrt OF isaac
H. rockingham President Of the Union Trust Company
forged, but that the signatures OF te PRESIDENT anu
were genuine: that the Plaintiffs bought the DonCs III
open market in good faith and without anything "a
therefore decides that the Union Trust Company must
exchange them: and. "a the bonds OF the missouri
Kansas and Texas Railway Company have fallen since
plaintiffs demanded the exchange rom w 10 a. lha,
COMPANY must pay the dif.crcnce-$3-7O. Costs swell
this sum - 74s 03. and Judgment was yesterday en-
tered that against the railroad company ana LOT
an exchange OF bonds against the Union Trust Company
townsend and Dye appeared for the plaintiffs Wheeler
II. Peckham for the defendants
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08

down In great cities provee TO that might ~ we'll
u grasp the TO elevate class by spasmodic
sentimental Efforts Reforms must i've and equabe.
having Of charity IN them Summer picnics are
we'll Let the rich invite to these feasts
as they are willing to pay for. But two
picnics each parent child will never better
their condition very long Our parks free and beautiful
with every possible cheap amusement in them, would
offer every day and every hour, to both parent and
child. grateful beDcdiction those Of New-YOrk were
what fancy might paint tic IL would not be long be-
fore would the idle indifferent mothers Of to-day
knitting and sewing while they watched their children
them the Continent of Europe. Surely the
AngoSaxon is not ess susceptible TO tine influences than
other n. 4.
Nep York June 20, 1878.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08

There was dull and declining market for British
Consos at the opening of business in London ac-
corng to cable advices, with reaction at the close
United States securities were strong, and the new
Elves of 1881 advanced to 104. Erie was firm at
1924. In the open market money was att&nable az
2d2l2 per cent, three months bills beng discounted
at OF 391e below the minimum rate at the Bank
of England. This bank made gain to-day
Of 100000 sterling bullion. In Frankfort
money was more active and United States securi-
ties easier In Paris rentes declined to 64.O7l2
The foreign exchange market has been quiet
and in tone about steady. The nominal
rates. given below, were on the basis of 81 S7l2 to
the pound sterling for long bids and ;Si 9Oi2 for
short The working rates were at "a s6s4GS+ 81
and 81 90 The gold market is again quiet, and the
Gold Room presents q scene of indescribable mac
ton. There had been only two prices OF gold to-day
I'D to D. M. III and HIS, and the business OF
light proportions. AT this hour, however the room
became excited and some heavy sales OF the precious
metal broke down the price to ll6i2 AT one time
the best bid was 1863. There was subsequent re-
action to 1863, paid and bid the closing market
being again more quiet. On gold loans the
rates were 2, LIZ, l, and Dig per cent for carry
ing The actual specie shipments to-day were
$3.50 600 gold coin, and $4,000 gold bars The en-
gagements for Thursdays steamer amount to
S550,0OO The Customs receipts at Washington
amounted to S675, 900, and Internal Revenue re-
cepts to 22j 900, the United States Treasurer re-
ceiying $40. 900 National bank notes for redemp-
ton The Assistant Treasurer paid out 1000 IN
coin interest on the public debt and $4,000 in re-
demption of called bonds. The days business at the
Gold Exchange Bank covered Gold cleared S26.
45g 600: gold balances $685. ,391; currency bal
anccs 81 500 636. The quotations for gold We're as
fnlloyys
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-08
READING ROOM vs.. BOOK EXCHANGE

THE MERCANTILE LIBRARY OUTRAGE
TO the Editor OF The Tribune.
SIR: THE TRIBUNE of July contained
communication from L. II. L." Ill which II WIS sug
gested that members OF the Mercantile Library should
combine in order coHpc the directors OF the Associa
ton TO reopen the readngroom now occupied by an auc
ton house consider action OF the directors in thus
disposing OF the rcadInCrOOm without consuming tne
members To be "A great injustice am Wiling 10 SUD
scribe - IN order make fund for deiTyl ing expenses
any legal steps To be taken lnciosing my address
remain Yours respectfully, " ~ l.
Ner- York, July 6, 1878.