Montreal herald and daily commercial gazette, 8 novembre 1878, vendredi 8 novembre 1878

[" - g If MIMEICI.steimbbs Sailed.10 days IVIAIL Steamers Oct.29, for Ne',T York> Oct.31, for New York, 8 Ai[i&c .ojcbflrter, oUnét 31, for Qoebee S days out.Stïd^ôv.2, for New York, 6 days out.of Ocean Steamers.Quebec,\tNov.\t9 Knrft^-\"Cmniid.New York, Nov.\t9 *E0f Siçbfflona.Halifax> Nov.\t12 o™.a Sootia.Tsrew York, Nov.\t1,3 .''.Quebec,\tNov.\t14 ^.tintbiM1 .\".New York, Nov.14 .Quebec,\tNov.\t16 S-ravi»»^*;\"\"!.Wew York,Nov.\t16 f?\u201eofC^\t.Montreal, Nov.16 Self®1*0 .'.'.'.'.'.'.Quebec,\tNov.\t16 jLjiinion.].New York, Nov.20 .Quebec,\tNov.\t21 in3lriaJ1r\"\"trôaï .New York, Nov.21 A!*»\u20190f Montreal\tQuebe0j\tNot_\t23 nntari?.\t Quebec,\tNov.\t23 catdinMn.New York, Nov.23 Brita111?10.\",.Halifax, Nov.26 giberM111.New York, Nov.\t27 ;tbia ¦ .New York, Nov.28 .New York, Nov.30 CW0l.?er^n .New York, Dec.4 COIi,V EXCHANGE REPORT.AND DAILY COMMERCIAL GAZETTE.^fofBrusaeïn .Sermanio gottnia- galtlo.Algçr»'\"' ld»atio- Jritannic.New York, Dec.5 .New York, Dec.7 .New York, Dec.11 .New York, Dec.12 .New York, Dec.18 .New York, Dec.21 .New York, Dec.28 Montreal, November 7.The coming sugar crop of Cuba is ee-\u2019ted at TOO.OOO tons.^Babert Forrester, a large colliery pro.\"tor of Glasgow, bas failed.^ Knig*1* & Son, merchants, of London Liverpool have failed > liabilities t''Tbe* Grand Trunk Railway return of Ac for the week ending Nov.2nd, 1878, tra ^ with the corresponding week in 5 shows a decrease of $26,177.18//\u2019\t1878.1877.$ 57,093 .160,261 res; ^DMSsFrdght.?.0^ 57,580 rS and hive Stock 138,597\t________ .$191,177\t$217,354 exports (exclusive of specie) at York, for the week ended November i^were $289,531 more than those of last rpjje following table enables com-W to be made with the totals at cor-in previous years : 1876\t1877\t1878 .fcoweek $ 1,583,349 $ 6,089,004 $ 6,986,068 reported.220,466,478 236,294,656- 283,689,406 »T\u201en 1\t$225,049,827 242,383,000 294,025,474 jlBceJan.i.»\t.\t\u201e\t, \u2014The tug steamer owners ot Quebec complin of a very bad season's business.Only a couple have made any money, jeveral ot them have hardly cleared ex-and some have been running at a The ship-chandlers also complain of \u2019\u2019very bad season.They have only cleared expenses, and three firms out of the limited number doing business have been forced into insolvency.-Bussell Sage was yesterday elected director of the Union Pacific Railway in place of General Dodge, of Iowa, resigned.The Tribune says other changes in the directorate will take plaee next week, when tw0 or three large stockholders in the 17, U.and N.Y.G.Go\u2019s are to be eletted members of the Board and of the Execute Committee.At a special meeting of the directors yesterday, the Tribune states that willingness was unanimously expressed te settle in full the debt due Government.It is proposed to issue new 4 per cent, bonds for the entire debt and interest.\u2014The depression in Germany is said to be as had as ever in those branches of manufacture which have been abnormally developed ; which is not a strong argument in favour ef Protection.The number of bankruptcies shows no sign of decreasing.A great sensation has been produced by the failure of the banking bouse of Haase & Son, at Chemnitz, Saxony.The amount of liabilities is 6,300,000 marks, and the assets are not sufficient to give more than 8 per cent, cf a dividend.As most of the deposits were among workingmen, it is in reality a savings bank failure.VOL.LXX.\u2014NO 267 afternoon board.Bank of Montreal.2 @ 152{ 1 (§ 153 n .\t.\t25, 5, 5,10, 5 (ex.div.) (3 148 Merchants.\u2019.'.'.'\".\u2019.'.'.'.'25 @ 9ii Montreal Telegraph .50, soj 25 @ 117| Richelieu & Ont.Nav.Co.\u2019.25 @ 524 At New York the Stock Market since this day week has been irregular; on Thusday and Friday the tone of the market generally was strong ; on the first named day the stock of the New York, Lake Erie and Western Railway Company took the place of that of the Erie Railway, and the difference in price is represented by 4J- per cent, being the amount paid on old Erie stock to entitle it to he exchanged for the new stock.On Saturday morning Western Union opened at 102 but immediately fell to 96i, unsettling the whole list and deranging all the calculations of speculators.On Monday the market rallied temporarily, but in the afternoon fell off on realizing sales, and closed barely steady, with the Northwestems firm on increased earn ings and Western Union at about the lowest poin.s of the week.Wabash was advanced mainly because the November interest had been met; and also in consequence of favourable traffic returns.On Tuesday there was no meeting of the Stock Exchange as it was election day.The market opened firm on Wednesday and at the close Railroads were strong and Stocks somewhat excited; in early dealings during the afternoon the entire market became strong.North Western and Union Pacific leading the upward movement.Erieshowedmuch strength.In Railroad Bonds Toledo anu Wabash seconds were particularly strong, advancing from 95 @ 100 under large purchases.To-day the market is higher, with an advance almost throughout the list, Erie, and Ohio and Mississippi alone showing a slight backward movement.The changes were as follows : \u2014 97i 694 154 19i 7i 43| 75i 324 68è 69J 1ÏH 51i 46 154 1174 4i 234 69 MONTREAL, FRIDAY, NOVEMBER 8, 1878.Price 2 Cents Previous West.Union\t\tday.Op\u2019g 974\t974\t\t11.40 Lake Shore\t\t68)\t68$\t69 Pacific Mail\t\t15|\t15)\t15) Erie\t\t20\t19)\t Ohio A Mississippi.\t71\t7)\t7) North-West\t\t424\t42)\t43) Do.Preferred\t\t75) \u201c 75!\t\t75) St.Paul\t\t\t31$\t31$\t32) Do.Preferred\t\t67\t67)\t68) Michigan Central.\t69)\t69!\t70 Jersey Central\t\t29\t29\t N.Y.Central\t\t111)\t\tnil Del.Lack.& West.\t50)\t50)\t Del.& Hudson\t\t45)\t\t Sfc.Josenh\t\t14)\tis\t Reck Island\t\t117\t117\t117) C.C.& I.C\t\t\t4$\t Toledo & Wabash.\t22$\t23\t23) Union Pacific\t\t68)\t68$\t69 A.& P.Tel\t\t\t\t Gold \t\t100)\t100)\t100) Exchange\t\t481)\t431\t Money\t\t4\t\t.100i 4804 3| Nov 2\tNov 2\tNov 2 1876\t1877\t1378 $1 29 %f\t$1 27%\t$0 94 59\t61\t46% 3S%\t36%\t30 88\t\t62 5 40\t5 50\t3 80 FINANCIAL.The Money Market here during the past week has not been marked by any very prominent feature ; there continues to he a moderate demand for accommodation, and money has been required in the West for the movement of produce ; the bank rates of discount are firm, good mercantile paper being negotiated at 7 (2| 8 per cent.Loans on collaterals can be obtained on terms a shade easier than th ose current last week ; on call,, business is done at 6 @ 64( and on time at 7 @ 8, the inside rates predominating.Sterling Exchange is weaker in sympathy with New York, where the market has declined from $4.824 to $4.804 during the week ; here the decline is about 4.and we quote 8 fer round amounts between banks, and 84 to customers ; there is little or noching doing in Documentary bills.Gold drafts are quiet at par ® 1-16 prem.In New York G^ld is now down to 4 prem.At the present time when so little divides the United States from a resumption of specie pay-nmnt, the following table showing the fluctuations and gradual decline in the Gold premium in 1878 is interesting :\u2014 THE STATE OF TRADE.The season of navigation is now almost at an end, and trade generally is very dull.The exports during the past week show a considerable increase over those of the previous week, which were checked by the unsettled condition of affairs in Great Britain ; compared with the corresponding week of 1877 there is a large falling off, as was to be expected, when we remember that last year\u2019s export of cereals was all done at the end of the season, while this year we have been shipping grain and produce steadily since June, and on the whole show a large increase over the preceding year.Toe following figures give the exports of leading articles last week, this week, and the corresponding period in 1877 :\u2014 Weelc end- Week end- Week ending Nov.ing Oct.ing Nov.6, \u201978.\t30,\t\u201978.\t6, \u201977.Wheat, bu.322,278\t136,592\t494,342 Corn, bu.184,613 1\u2019eas.bu.102,635 the shorts.The difference of some 11c per bu between the prices of No, 2 and No.3, whne the actual difference in value is only about 6c, can scarcely be due to any other cause than the fact that one is a speculative grade, while the other is bought and sold on its merits as an article to be consumed.\u201d Corn in Chicago has declined 14c in the week, from 34c to 324c ; the Liverpool market has gone the reverse way, and is 3d better, to-day\u2019s cables reporting 23s 9d @ 24s.Barley ia Chicago on Thursday last showed symptoms of weakness, but has since become stronger, advancing from 89e to 90c.In Toronto, Barley is quiet and the market rather weaker.Here there have been but few sales, quoted prices being 75c @ 85c.The Liverpool market is steady and unchanged at 3s Id, There have been considerable shipments of Peas from this port during the past week.There is no change to report in price, which is steady at 73c ; the Liverpool market is quiet at 32s 6d.As showing the great decline which has taken plaee in the value of Breadstuffs, the following table of comparative prices in New York on November 2nd in each of the four last years, is of interest ; the falling off there is, of course, in equal ratio to that experienced in Chicago, Montreal and other markets, the percentage of decrease being much the same in each.Nov 2 1875 No 2 Sp\u2019g Wheat.$1 32>.Borax, Refined .Cream Tartar, Crystals.\u2022Do Do Ground.Caustic Soda.2\t45 \u2022Sugar of Lead Bleaoing Powdèr, $ lb.1\t25 \u2022Alum,.\"\tm' Copperas, U !b.Sulphur.Roll Sulphur Epsom Salts, ¥ l88 lbs.1\t76 Sal Soda « lb.8\t88 Saltoetre.ner keg.«\t75 FISH\u2014From U.S of all linos, except mat preserved In Oil, free ; Salted or Smoked from other countries, 1c per pound; packages, 17X; preserved, from othsr countries, 17X.cod, Dry Table, ¥ 112 R>a.Cod, Green, ¥ M>1.Drafts.Salmon, In barrels.Do do tierces.Mackerel.Herrings, Labrador.Canso Splits, per brl.Sea Trout.7200 CANNED FISH\u2014 Loostera,.) *0 Salmon.\u2022\u2022\u2022 1 75 Mackerel.1 66 FRUIT\u2014Duty : 1TX ¥ cent.Pimento.;.8 12X- Pepper, Black.8\tosx.Do WTHte.8\t18 .Mace.8\t76 .SUGAR\u2014 Demerara, V.P.0\t00 .Porto Rico, ¥ lb.8\t88 - Trinidad do .0\t00\t.Barbadoes.0\t00 .Dry Crushed, in brls.200 lbs.009%.Cut Loai.0\tU-X.Scotch Refined,¥ lb yellow.0\t07X.American Granulated .0\t09 .Do.Yellow.0\t06X.Extrac.Yellow.0\t08x.c.\u201c\t.0\t00 TEAS\u2014Duty : Green.6c ¥ lb ; Black.5c.0 14 0 09X 0 19\" 0 80 0 00 8 WX 0 00 0 07 X 0 10 0 IQ* 8 OS* 0 09* 0 07X 0 08X 0 00 .4 75 .\t5 00 .Oil .\t0 15 .0 00 .\t0 10 .0 24%.\t0 26 .0 00 .\t0 00 .2 45 .\t2 50 .0 11 .\u2022\t0 12 .1 25\t.\t1 3TX .0 00 .\t, 1 65 .(> 0ft .\t0 \u2018d .0 00 .\t0 03 .0 00 .\t0 02 .1 76 .\t2 00 .0 00 .\t, 1 25 6 75 .\t7 00 UncolouredJanans,¥lb choicest.0 45 do do finest .0 40 © de\tdo\tgood medium 0 35 @ do\tdo\tgood common 0 25 @ Japan Pekoe.0\t25\t@ Imperial.0\t22\t.Gunpowder.0\t25\t.Young Hysons, Firsts.0\t60\t@ do\tdo Seconds.0 41 @ do do Thirds.03'\t@ do\tdo Common.0 28 ® Hyson.0\t26\t.\u201c .0 18 .0 22 .0 65 @ .0 60 @ 0 32 @ .0 24 .British Consels.0\t00 Bright\u2014Solace.0\t15 Rough and Ready, 5s and 63.0\tso Bright\u2014s\u2019s.0\t21 Black Navy x H>s allli long e\u2019s 80 Black 12*s.8\t' 9 © 0 69 0 45 0 40 03' 0 3TX 0 35 0 50 0 70 55 35 0 88 0 45 0 25 0 21X 0 75 0 60 0 38 0 30 0 60 0 35 0 25 0 30 0 23 0 83 32 \u201e 14X 0 14 FREIGHTS.\u2014Ocean tonnage haa been in small supply during the week, with engagements by steamers and Iron Clippers for London and Liverpool at 5a.6d.@ 6s ; and for Glasgow at 4s.3d.@ 4s.9d.per 480 lbs.for Grain, with higher prices bid for next week\u2019s shipment to Liverpool.For orders to the U.K, rates are about 6s.3d.@ 6s.9d.for Grain, 6d.off direct ports.Steamer rates to Liverpool and Glasgow, Butter and Cheese, 37s.6d.; Ashes, 25s.The shipping season via the St.Lawrence is practically closed.MOVEMENTS OF PRODUCE.Arrivals of Preduce by Grand Trunk Railway and Lachine Canal, from 1st January to 6th Nov., 1878; also.Shipments for same period by Sea-going Vessels (via Portland and River St.Lawrence,) Canal and River Boats, Montreal and Champlain Railway, with comparative Receipts and Shipments for corresponding period of 1877, 5876, 1876 :\u2014 RECEIPTS.M '-t \u20191.q\t>-i st- So J\u2014 ^\t- po P-U* ® SI f * p o' ST s® fï ® * * if I 3 S 3 Ô pr O' Q § O *\t£ o g e* Soi 3 3 s' 3 : fX o' Thursday, November 7.Wheat in Chicago was quoted Jc lower.Beeebohh\u2019s Advicks\u2014Floating cargoes Wheat, firm ; Corn, quiet.Cargoes on pa-sage and ior shipment \u2014Wheat, firmer; Corn, quiet.Chicago or Milwaukee Wheat for shipment duiing the present month and following one, 38s.Arrivals off Coast f.o\u2014Wheat and Corn, small.Liverpool Wheat, spot, steady ; do.Corn, rather easier.Corn, 24s.Canadian Peas, 82s 6d.On passage for the United Eingdom\u2014 Wheat, 1,560,000 qrs ; Corn, 390,000 qrs.Last week\u2019s advice\u2014Wheat, 1,426,000 qrs; Corn, 440,000 qrs.Liverpool Ex, 3 p.m.\u2014 Bacon, C.C., 36s 6d ; S.R., 84s 6d.Pork-Prime Mess, Eastern, 60s.; Shoulders, 27.Flour\u2014Market quiet, hut firm.Sales reported were: 100 Superior Extra ct Sl.82i ; 100 Fancy at $4.02) ; 100 do at S4.10: 100 Spring Extra at $4 07) ; 200 do at $4.05 ; 200 Superfine at^$3.75 ; 100 Medium at $4.15.uperior Extra.$4\t30\t@\t4\t40 Extra Superfine.4\t17)\t@\t4\t20 Fancy.4\t05\t@\t4\t10 Spring Extra .4\t02)\t@\t4\t05 @ 3 75 @ 4 45 @ 3 10 @ 2 90 @ 2 70 @ 2 00 2 17) 05 \u2014\u2019 I\u2014* 41- tt \u2014I ._ C0 0S05O03Q05 .c:'e-4>.wcucobsOfc0- w \u2014 >^-1 CO w ! O 05 Sp.feet.TX@8X 'ïm tT per cent for tbe past year.t ax div.MACDOUGALL & DAVIDSON Biokers- Sp.feet.Ireland.1,213,547 Liverpool.3,199,648 Sundry British Ports.1,711,631 United States.753,346 Wales.149,164 France.646,235 Algiers.257,281 Spanish West Indies.British West Indies.4 DO 2 60 4 25 8 50 0 00 6 00 4 75 0 00 » 4 25 » 50 4\t50 10 60 0 00 10 00 5\t00 0 to 7 60 1\t75 2\t10 1 80 305,138 267,730 2,490,555 203,330 102,000 8,430,872\t3,368,756 WESTERN UNION TELEGRAPH.BANK OF TORONTO.Return of the amount of Liabilities and Assets ot the Bank of Toronto, on the 31st of October, 1878, as compared with the previous month CAPITAL.oct.31.Capital authorized.nnn nnn S Capital subscribed.o\u2019nnn one Capital paid up.2,000,000 LIABILITIES.Notes in circulation Dom.Gov.deposits on dem d.27,801 Other deposits, on demand.1,373,461 Other deposits, after notice.\t891,642 Due to other hanks In Canada.62,859 Liabilities not Included under the foregoing heads.\t88 Sept.30.)2,000,000 2,000,JDO 2,000,000 $723.408 25,861 1,459,462 928,393 22,864 391 .120 77 @ 120) @ 78 @ 123) 152) @ 153) 74) @ 75) 70 @ 71) 65 @ 66 85 @ 87 120 @ 127 36) @ 37) *91| @ 92 100 @ 102 110) @ HI 72 @ 75 117) @ 117) 72)\t52) @ 53 «olieheu &unt.CiiaT'Co .72 Passenger p.f 7 Co .72 Co.150 *0n reduced capital, e operations at to-day\u2019s sessions of the oard were not characterized by any great ge as compared with the business of @ 72) @ 151 82) @ 87) 113) @ H4) oflaii] 8 early portion of the week ; Bank of l531.treal iS moderately steady at 152) @ + i Ontario continues weak at 75 j chants closes dull at % decline of )@1 om yesterday\u2019s figures, selling down to f 1 Eastern Townships Bank sold to-day j ^ and JOO, a further fall of 3 since tes ay last.Commerce is steady at 110) 1174-^ \u2019 :don^reaJ Telegraph is weak at f @ 117$, and City Gas at 113) @ 114).6 sales were :\u2014.« morning board.k of Montreal,,.\t4 @ 153 People,\t2, 10, 3, 2, @ 152$ kie: tohants' 66) 92$ 92) 92 91$ 89) 10® .1 (Si 7® 25® 14® 20 (ex div] @ 25, 25, 25, \u201c\t@ Eastern T, t -\ta5> 25- \u201c\t® - pominercfi\t15® 100 ÏJontreaïki.j.25 @111 Ren h, Ont.Nav.Co.100 C® 54 30 @ 53 88$ Since this day week Wheat has shown an improvement in price both in Liverpool and Chicago, though in the latter market there has been irregularity, and there is now a falling off from the highest prices of the wee k ; on Thursday last No.2 Spring for cash was quoted at 80$c @ 81c, advancing the next day to 82)c@82ic, declining fcoa Saturday, but recovering on Monday ; Tuesday was election day, consequently there was no business done, and Wednesday brought a decline of 1c, bringing the quotation to 81$c.To-day there is a decline and 81c is the price.In Liverpool, Spring Wheat a week ago was at 7s.5d.@ 9s.6d., with an advance of Id.upon the inside rate the following day, and an unchanged market until Wednesday, when there was a further rise of 3d.upon the inside quota-tation, bringing the price up to 7s.91 @9s.6d.; Red Winter is also.2d.better; on Thurs.day last we quoted 83.8d.,@8s.lOd.and today 8s.,10d.@9s.In Montreal there has been but little doing in Wheat; prices are rather better than last week ; No.2 Spring in quoted at 86e.@ 87 ; and Red Winter at 98c @ 99e- Flour has been quiet, and there is a firmer tone, though prices are not q.u.tably higher; Spring Extras are bringing $4.02) @ $4.05; Superfine $3.65 ® $3.75 ; and Medium Lakers, $4.10 @ S415 The Chicago Tribune in speaking of the low prices which have prevailed, says : -In view of the persistently low pneea now ruling n produce, some operators are ask tog it the old-fashioned corners et the past were not something hke ce^tainaluable\u2019as poisonous m themselves, b t antidotes to disease.Ihe tear 01 a might at times be a wholesomerestramt on i short-selling, but it is not imP°f wheat would rule lower at present but Total liabilities.$3,098,869 $3,160,376 A oq'B'T'S Specie.\u2014 \u2022*\t« Dominion Notes.\u2022 347,251 Notes and Cheques on othei Due ïrom Banks in Canada.\t36,663 Due from other Banks In lo-reign countries.\u2022\u2022\u2022\u2022\u2022\u2022\t8>fl8\u201c Due from other Banks in the United Kingdom.31.078 Government Debentures.\t146,669 Loans to toe Government ol the Dominion.Loans on Stocks .39,8cu Loans on Bonds.-.Loans to.Corporations.\t418,431 Notes discounted and current 4,554,138 Notes and Bills discounted overdue not specially secured.Overdue debts secured.Real Estate.Bank Premises Other assets, not included under loregoing heads .90,652 68,116 93,783 62,000 324,003 74,232 63,465 40,673 19,424 146,669 600 21,050 80,987 612,836 4,441,953 94,261 68,244 22,676 52,000 97,800\t97,800 Total Assets.$8,i^* W839 CALIFORNIA MINING STOCKS.San Francisco, Nov.5.The following were the official quotations at the close of the Stock Board to-day :\u2014 Alpha.13X Alta.m Belcher .8X Best & Belcher.2BX Bodie.is Bullion.11% Caledonia.4J£ California.Chollar.6SX Con.Imperial.Confidence.H Con.Virginia.123$ Crown Point.9% Eureka Con.34 Exchequer.6X Gould * Curry.17 Grand Prize.6X Hale & Norcross.21 x Julia Con.6 Justice.Kentuck.\u2018A Kossuth.Leopard .Mexican .^ Northern Belle.18X Dphlr.Overman .\u2022\u2022\u2022\u2022\u2022\u2022\u2022¦\u2022 Raymonds Ely.IÇX Savage.18/4 Seg.Belcher.¦ ¦ Sierra Nevada.182 Silver Hill.2% Tip Top.Utah.\u2022\u2022 Union Con.146 YeUow Jacket.23 Washoe Con.3 The advance in Western Union to 102) from 84), a little more than three months ago, was due to clique manipulation engineered mainly by Mr.Gould.While he was loading up for the grand advance the Continental line was being extended to Philadelphia, and when this new Company went into operation rates were fixed at 15 cents for ten words against 25 cents for Western Union.This was followed by a reduction to 10 eents for ten words by the Atlantic and Pacific, now the business partner of the Western Union, but subsequently both lines made a uniform rate of 15 cents.Meantime the stock continued to advance under the purchases of Mr.Gould and also by reason of hints that at the annual meeting of the Company a division of the stock held in the treasury would be made.Instead of this the regular semi-annual dividend of 1) per cent, was declared, but continued purchases and report that the division of stock would certainly be ordered at an extra meeting of the directors caused an advance to 97) by September 30.Early in October the money market was made stringent by clique manipulation and the failure of Haar & Co., on the 14th sent the stock to 86$.After this the purchases of Western Union by the clique were large; under the influence of cheaper money a bull movement was made comparatively easy, and the stock gradually advanced.It is presumed that the clique had by this time obtained all the stock they wanted, for thereafter the advance was steady, and almost daily stories were circulated that the leading directors and largest stockholders of the company would certainly agree to increase the capital to $50,000,000 and to capitalize the surplus, claimed to be about $17,00,000.Free use was made of the name of Mr.Yanderbilt in this connection, and the impression was conveyed that he was willing to make the proposed division.While these reports were current it was shown in our columns that the company could not pay even 6 per cent, dividend upon the increased capital of $50,000,000 and also that any such use of the surplus, as was said to be contemplated, would not only be damaging to the interests of the company but to the reputation of those who might be concerned in the action.Mr.Yanderbilt must have seen that his name was being used to promote a huge gambling scheme, and it is reported that on Friday evenina he signified his dissent, and determined to have nothing to do with the proposed capitalization of surplus.On Saturday morning the tone of the speculation changed.Western Union opened at 102, i and then came a drop to 96), with a recovery to 98), and a further decline to 96) was recorded on Monday.It is now be\u2018-lieved that the scheme by which the stock was hoisted above par will not be carried into execution.If it should be, stockholders will know on whom to place the responsibility.If it should be deemed desirable to have shareholders receive the benefit of the $6,004,835 represented by stock in thq Company\u2019s treasury, it might be sold and' tbe proceeds devoted to the reduction of the bonded debt ; but while all telegraph property is subject to deterioration by new inventions and from other causes, and while the Western Union is in danger of loeing the monopoly 01 telegraphing by the establishment of rival fines it would certainly seem prudent to retain in the treasury all the available surplus possible,\u2014N.T.Journal of Commerce.COAL.The Coal trade during the past week has been very quiet.There are no more vessels arriving from Great Britain, and we hear of no transactions in Scotch Steam, which is nominally $4.50 @ $4.75.In Lower Ports coal there have been no recent transactions ; one or twe cargoes more are expected before tbe close of navigation ; the latest sales we note were of Albion Mines at $3.75.American Anthracite has advanced about 25c, and the market is stronger with small arrivals.There has been fair activity during the week, and buyers have been anxious to secure supplies.We quote Stove, $6.25; Egg, $6 ; Grate, $5.85; Chestnut, $5.75.1 60 IRON AND HARDWARE.Muscatel Raisins\", ¥ box [Loose].0 00 @ DO new.1 65 \u2022\u2022 Layer\tdo\told.8 88 .Do\tdo\tnew.I 50 .London Layers new.2 30 .Crown\tdo .8 88 *\u2022 Valencia Raisins, New, ¥ 1!>.8 04X.Suit ana Raisins, old.8 05 .do\tdo new.8 88 .seedless Raisins ¥ ».8 86 \u2022\u2022 Currants old.8 88 .H do\tnew.8 M .Figs, Elme.8 M \u2022\u2022 io\tLayers.oosx.Do\tMalaga.0 05X- Prunes .8 88 \u2022\u2022 Almonds, Languedoc.0 00 .Do\tTarragona.0 15 .Do\tProvence.8 88 Do\tIvlca.8 88 \u2022\u2022 Paper Shell.?Jordan.8\t42X- Filberts.8 88X- Brazil Nuts.8 88 .Walnuts.8 JW.sardines, quarters.8 88X- Do\tbalves.8 16X- GLASS\u2014Duty.ITX ¥ cent.Engllsb and German, 6XX7X ¥1 bait box.I 7XK8X, 7x9, 8x10 .s 10 X 12.10 X 14.12 X 16.I 1 75 14 X 20.> \u201e \" 18 X 24.^ INDIGO \u2014 Free.0 65 IRON AND HARDWARE.Pig Iron.'f 8 04 0 (6X 0 14 0 09X 0 06 0 05X 0 00 0 16 0 00 0 12 0 00 0 45 0 10 0 OCX 0 OSX 0 10 0 :7X 1 TO 1\t85 - 2\t20 8 72X PRODUCE, PROVISIONS, êc.A sudden and complete change of the weather occurred on Sunday morning last, when, after continuous rain the whole of the preceding day and night, a hard frost set in that has continued up to the present.Snow fell during the night of Sunday, the first to lie.Monday was brilliantly fine ; Tuesday, dull and threatening for snow ; Wednesday, fine and somewhat less cold.Yesterday was experienced the first heavy fall of snow,lasting throughoutthe day.Appearances would indicate that winter has really set in, but at this date it is not probable such weather will last ; the possibility has, however, thinned considerably the shipping in the harbour, most of the ocean vessels having cleared during the week.Business is generally quiet in wholesale circles.Latest advices from Europe were by Atlantic cable to date, and by mail per s.s.\u201cPeruvian\u201d and s.s.\"Algeria,\u201d dates from Liverpool being up to tbe 26th ult.Brkadstufi\u2019s\u2014Wheat, rather firmer; Flour, quiet and firm.Provisions\u2014Pork, dull ; Butter, unchanged ; Cheese, lower.Ashes\u2014Pots, easier ; pearls, higher \"\tPRICKS OF PRODUCE* Tbe equivalent sterling quotations are l.o.b calculated at 7x per cent.Exchange on outside values.Including 4 per cent, commission.^ C3 -icou!-o303 ©\t© © CC 00 O OO Ut CD 00 CD GO GC cncnto© os cn go © © £* co © h-* © çiv©>-05o«©Y,'vïüTt£3.oor\\y ©rfR©^ J5^4O5CnGOC0OJt->©CO to 05 © a.\tJ?1-1 ^ 6v ri œ bo os j^Otjx\t¦\u2014\u2022 © GO Qx i\u2014¦ ©H-1\t©t\u2014 COi\u20144QOCO fcO©*^1\u2014lh-\u2018*\u201c,\u2018OxCOC©©«'ï Ol 0505S\" Spring ÇlOOfts.3 25\t.Tire, do .3 oo\t.Sleigh Shoe.2 S7X- Ingot Tin.8\t17\t- Do Copper.8\tJ-8\t.Horse Shoes, ¥ l88 fts.*\t2o\t\u2022\u2022 Proved Coll Chain, X In.:.4 60\t.Anchors.0 00\t.Iron Wire.No.6, ¥ bdl.1 so\t- LEATHER\u2014 Spanish Soles, No.I, B.A.o\t23\t@ DO NO.2.A.A.0\t20\t.Buffalo, No.l.8 20\t.DO NO.2.0 18 .Slaughter, No.l.8 24\t.Rough (Light).0 22\t.Harness.8 26\t.Waxed Upper Light.8 34\t.Do do medium & heavy o 30 Buff.8 14\t¦¦ Pebbled.8H\t- Splits, pent.8 22\t.Calfskin (light).- 8 48 \u2022 Do (heavy .8 45\t\u2022 G.S.Hides.-.8 88 \u2022 Sheepskins.Russets.8 20\t.LIQUORICE\u2014Duty : 17X ¥ et 0 14 Hams\u2014 Dry Salt, ¥ ft.Sugar Cured.Canada Canvassed.Pork\u2014 Mess (New) ¥ 288 Its, Insp Mess (Old).Thin Mess.Pi ime.Extra Prime.Currency.\t\tSterling\t $ c.\t$ c.\ts.\td.0.00\t0.00\t00\t0 0.00\t0.99\t35\t0 0.86\t0.87\t30\t9V 0.00\t0.00\t00\t0 0.00\t0.00\t00\t0 0.66\t0*67\t24 11%\t 0.00\t0.46\t17\t3 0 75\t0.85\t\u2022)3\tOtf 0.00\t0.27\t1\tax 4.30\t4.40\t19\t5X 4.17% 4.20\t\tIS\t«X 4.05\t4.11\t18\tIX 4.00\t4.05\t17\t11 3.65\t3.75\t16\t7% 4.20\t4.40\t19\t5% 3.05\t3.10\t13\t9X 2.85\t2.90\t12 10%\t 2.60\t2.70\t12\t8X 1.90\t1.95\t00\tÜÜ 2.i0\t2.1TX\t00\t00 J2.25\t2.40\t10\t7% 4.00\t4.15\t17\tsx 0.00\t0.00\t00\t0 0.00\t0.00\t00\t0 3.75\t3.82%\t18 lox\t 5.40\t5.50\t26 11%\t 0.C8\t0.C9\t44\tIX 0.00\t0.00\t00\t00 0.05\t0.10\t49\tox 0.09\t0 12\t5S 9X\t ft 13\t0.16\t73\t4X 0.14\t0.17\t8 {\tix 0.17\t0.18\t00\t0 0.07\t0.63%\t41\t8X 0.00\t0.00\t00\t0 0.00\t0.00\t00\t0 0.10\t0.10%\t51\t5% 0.00\to.oo'\u2018\t00\to' 11.75\t12.25\t00\t0 00.00\t00.00\t00\t0 00.00\t00.00\t00\t0 00.00\t00.00\t00\t0 00.00\t00.00\t00\t0 .uO.OO\t00.00\t00\t0 y © © CQ t-j\t\t r\u2014 tt © © k*-1\u2014 CQ rftta,CO«, GOoooCQO®©N» »\tj35 ^ © ^ GO\tI\u2014\u2022 © CQ GO\tCQ ©(fk.|\u2014>)\u2014*.00.\u2014ALSO,\u2014 500 Cases \u201cLewis\u201d TOMATOES.Season\u2019s Pickling.This Ous to m Orders Department.Special attention called to this Department, which is VERY LARGF ers promptly attended to, and PRICES TO SUIT THE TIMES 10 s.g-oXjTm A-isr, -AS4 IVOTitE D-A-ME STREET ly 259 INo October 80 ITOBBGN, BAIRD November 7 & 00.ly 2S6 Council of Arts &Baniifactum OF THE PROVINCE OF QUEBEC.Hettr Julucriissmettls.HIM FOI HOUNDS MEET (WEATHER PERMITTING.) SatTi.rd.ay» 9tJi Inst., KEETMTELS.ELEVEN o'clock sharp.November 8 267 NOTICE.ALEXANDER STEWART having been dismissed from my employ, parties are le-quested not to pay him any Accounts.ANTHONY FORCE, 225 Wellington Street, And Coal Oil Store, Tanneries.Novembers\tr267 (PROPHECY.Prophecy, a Preparation for Christ, (the Bampton Lectures,) by the Dean of Canterbury\u2014$1.65.Prophecies and the Prophetic Spirit in the Christian Era, by Dr.Von Dellinger\u2014$3.25.The Jewish Messiah, a Critical History of the Messianic Idea among the Jews, from the Rise of the Maccabees to the Close of the Talmad, by Prof.Drummond\u2014$4.50.The Approaching End of the Age, View-ed in the light of History, Prophecy and Science, by H.Grattan Guinness\u2014 $2.25.The Hope of Israel ; or, The Testimony of Scripture, by Rev.J.C.McCaus-land\u2014$1.The Great Prophecy, Abridged from the Horæ Apocalyptreæ, by Rev.W.T.Bales\u2014$1.38.The Restoration of the Jews\u2014The History, Principles and Bearings of the Question, by Rev.Dr.Brown\u2014$1.25.Messianic Prophecy\u2014Its Origin, Character and Relation to New Testament Fulfillment, by Dr.Edward Ricken, of Halle\u2014$1.50.The Great Pyramid of Egypt\u2014A Pro-phectic Revelation and Miracle in Stone, by Rev.Dr.Saiss\u2014$1 25, For sale by FISH! (Bris.(No.1 « (Roi-lie \u201d ! at».Herrings.Do.No.l Green Codfish.Do.Nos.1 and tA Salmon.Do.Nos.1, and 3 OVXaelc-erel.Do.No.1 Sea 'X\u2019ront.For Sale by VERRET, STEWART & GO.October 23____________ly 253 HERRINGS I______HERRINGS 1 A Cargo o 1 Prime LABRADOR HERRINGS.(Just Arrived.) Barrels Steam Refined PALE SEAL OIL, Barrels Pure Newfoundland A.COD t IL For Sale by JOHN BAIRD & CO., SOI Commissioners St.October 11\t.\tly 243 Ôuebec & Sulf Potts S.Uo, lili SCHOOL OF ART AND DESIGN, Under the control of this Council, will be OPENED in the Commodieus New Building, No, 59 ST.JAMES STREET, On TUESDAY.November 12tb,0 At 7.30 P.M.The following Classes will be taught during the Season :\u2014 FREEHAND DRAWING.ARCHITECTURAL \u201c MECHANICAL PERSPECTIVE MODELLING Efficient Teachers have been engaged, who will give instructions in both languages.The Classes are entire y free to the public.Intending Pupils will present themselves on the evening of opening, or apply to the undersigned S.C.STEVENSON, B.A., Secretary and Director, 175 St.James street.November 5\t5, 7, 8,11,12N 264 n -, n » \u2022\t«\tfl * uCUDGliOi OF THE OF QUEBEC.2teui A tim er tisgtHCttts.N Ô TÏO E.I beg to advise my Customers and the Public generally, that the unfortunate fire which destroyed the Upper Flats of my Premises, has not affected the Mercantile Stationery Departments, WHICH ARE RUNNING AS USUAL.WORK IN THE (B I In (D E R Y, Will, I trust, be RESUMED TO-MORROW, SATURDAY, AND IN THE De- Printing and Ruling partments, IN THE COURSE OF 6 VERY FEW DAYS In the meantime, I have to request the consideration of my Patrons, and beg to assure them that all Orders now in hand, as well as those I may be favoured with, will receive the XJ¦fcmos'fc Æt/teixtiîoii JAMES SUTHERLAND MERCANTILE STATIONER, SS£>\u20ac* & £515$!*\tJames iSt November 8\tlv 267 School of Art and Design, Applications will be received by the undersigned for the position of Teacher for a Ladies\u2019 Drawing Class.One acquainted with, and capable of teaching, the Smith System preferred.Applicants will please state the length of time they have been engaged in Art teaching.Those possessing certificates of com-pitency will please enclose them.S.C.STEVENSON, B'.A., Secretary and Director, 175 St.James street.November 5\t5, 6, SM 264 MARRIAGES.On the 6th inst., at St.George\u2019s Church, by the Very Rev.the Dean of Montreal, assisted by the Venerable Archdeacon Leach, Edouard Rabaud, Marseilles, to Georgina J., daughter of Dr.Geo.W.Campbell._______ Amusumjeixts.J.U A DIO JULY OU MUSIC.LAST TWO NIGHTS, This (Friday) & To-morrow (Saturday) Evenings, OF Stetson\u2019s Grand Opera Bouffe Company.FOR FIRST TIME HERE In the charming Musical Extravaganza, entitled DABJESUX THE WOOD; Or, Who Killed Cock Robin ?With tfie JUVENILE PANTOMIME T ItOTU\u2019El in 2nd Act will be introduced the celebrated Donkey\u2014Don Quixotte, Under tutelage of Mr.I.H.STEWART.FOR SATURDAY MATINEE, Will be given, by request of numerous Families, BABES IN THE WOOD.Matinee Prices as usual.November 8\t267 THE EVENT OF THE SEASON ! U npamlleled .Attraction I Two Grand Operatic Concerts, On Friday and Saturday Evenings, NOVEMBER 15th and 16th, In Academy of Music, By MARIE ROZE-MAPLESON, The World Renowned Anglo-Franco Prima-Donna.Under the Direction of Mb.JOHN M iPLESON, Of Her Majesty\u2019s Royal Opera, Hay-market, London, Eng.Mme.EOZE-MAPLESON will be assisted by the following Galaxy of first-class Talent:\u2014Herr Tom Gael, Tenor; Mr.W.T.Caeletom, the celebrated Baritone; Mr.Alfeed Pease, America\u2019s greatest Pianist ; Mr.Mask Kaiser, Premier Violinist; Mr.George Coley, Musical Director.Prices\u2014Reserved Sea's, $1.50, $1, and 75 cents, according to location.Admission, 50 cts; Gallery, 35 cts.Boxes, $8 and $6.Entire Change of Programme each night.Weber\u2019s celebrated Grand Piano will be used.Plans at DeZouche\u2019s, St.James street.November 7\t266 The S.S.SECRET is intended to he despatched from Montreal for PERCE.GASPE, PASPEBIAC, SUMMEBSÏDE, CHARLOTTETOWN and PICTOU, On Monday, 11th November Inst-, At 4 P.M, Bills of Lading, with Customs\u2019 Entries, must be left in the office of the undersigned by two o\u2019clock on that day.For Freight or Passage, apply to DAVID SHAW, Agent.November 7\tb 266 NEW WINES.BUCELLAS HOCK\u2014(An entirely New Wine).CARLOWITZ\u2014(Hungarian).BOURGEU1L\u2014(Tours).CHAMPIGNY\u2014(Tours).FREDERICK KINGSTON, Wine Merchant October 10\tIv 242 OTTAWA HOTEL IS NOW CONDUCTED ON THE O X, JD ^ L A AT PRICES PER DAY TO SUIT THIS October 30 NEW CROP FRUIT Just Landing, per Steamship \u201cBarcelona, direct from Dénia, 4,000 Hf- exes VALENCIA RABINS In lots to suit Purcha ers.©OX& SHEEm- Octoher 23\tly 253 The S.S.PHŒNICIAN, Captain Scott, from Glasgow, is entered at Customs.Consignees will please pass their Entries without delay.H.& A.ALL4N, Agents.November 8\tm 267 NOTICE TO CONSIGNEES.The S.S.DOMINION, Capt.Bouchette, from_ Liverpool, is entered at Customs.Consignees are requested to pass their Entries without delay.DAVID TORRANCE & CO., Agents.November 6\tm 265 ü i.o jd o.lin November 8 mam brothers.ly 267 ON -A.1XD AUTJEII Monday, the 11th Instant, The Train for ST.JEROME will leave Hochelaga Depot at 4 P.M.instead of 5.P.M., as heretofore.All other Trains remain the same.C.A.SCOTT, General Superintendent.November 6\td 265 \u2018V.V\u2019-'.'A llSHSSSS GRAND __ RAILWAY.Tenders are invited for the privilege of Advertising at Stations and in the Trains of the Company.The present Contract expires cn the 1st January, 1880, from which date the new Contract wUl run for a term of five years.Specification can he seen at the office of the undersigned.\u201e 'j!®\u201c