Montreal herald and daily commercial gazette, 28 décembre 1878, samedi 28 décembre 1878

[" Il «Il ces* i.»» /it with the Government eî f Tor the conveyance of the CA!NA-CsB andtrNlTBr STiTES MAILS.PlAîI WINTER aRRSNGEHENTS.1878-9.^ \u2018 \u201e\tLines are composed of îU» Co.®ST f irst-class, Full-powered notsd-DOT [fde'bullt' Tons Double-Engine.Iron Steam- ujps :\t.4100 Oapt.J.E.Dutton fflisiaO.4300 Gapt.Jas.Wylie Ssi?11.«CO Capt.Brown _ Soesiah.3000 Capt.A.D.Aird ?.0SstiaI1.3434 Lt.F- Archer, R.N.K.;S,etflia,1.^3200 Capt.Trocks \u2022 -oiaO\t3000 Capt.Richardson.^dinar1511\t\u2022\u2022¦3\"0o Capt.R.S-Watts .?»AA n r, rvf Tf .Wvhft PfOîsi»-.\t2700Cai)t.H.Wylie .Capt.Barclay J.-toriah.3350\tCapt.Graham ofirian.;|00\tLt W H-Smith R.K.SVan.2700\tCaut- McDougaU.îusitoban.Capi.J.Ritchie Sa Scotian.\t0\tCapt.Neil McLean.^ .nAnn\tPant,.Menzies.Srinthian.\u2022\u2022\u2022\u201c355 capt.Gabel Man:.Capt.J.»- Stephen.S-jldeosian.2?oo Capt.James Scott pWicia^'ond\"'l500 Capt.Mylins STEAMERS OF THE rierpool Mail Line.W* r i verpool every THURSDA Y, ShliMfr0IHalifaT every SATURDAY S £r0®t Lough Foyle to receive on tilling\tMails and Passengers to ^1toa\u201c lre\u201dand and Scotland), are in- liid ^ j .he despatched .Y t9#dedtc\twgoM HALIFAX.£\t Saturday, .Saturday, Lrdiidan.Saturday, polyn681^1\"'4\"\t Saturday, .\".Saturday, jjiinatian.'.Saturday, jjoranM1.\t.Saturday, r^foV'i*^ jdian 2400 Capt.Menzies.Deo.Jan.Jan.Jan.Jan.Feb.Feb.FROM MONTREAL.$67, $77 and$87 fbi\\ccoiding to accommodation.^ ^ .$31 00 g®.of the Halifax Line will 1116 Sax for St.John\u2019s, N.F.,and 'TerP001, \u2022aST,f0U0'VS '.Tuesday, Deo.\t24 vjova Scotian.>ruesday, Jan.\t7 Oi'jejssian.Tuesday,\tJan.\t21 ff^frlsSAOB BÜTWBBN HALIFAX AND TJ6 or r ST.J0HNS : $20 00 I Steerage.$6 00 Cat'11.'\u2019\u2019iopdSurgeon carried on each A\u201d rtothB not secured until paid for.f8SEel 1 Bills Lading granted m Liverpool, n,0TMtmental Ports, to all points in j \u201end.the Western States.Cf Wrrigbt or other particulars, apply jorlucigm\t& A.^LLAN, or j l.[a Portland ^ct0 AlIiANgt rak & Co.; m i ot\u2019lj-.Gukkie, 21 Quai d Or-« Havre to GusTAV£ Bossange.Ruc leans! m5?\"teB1bre; in Antweip to Ana.laQnatll!|ff0 or Riobaud Bbrns; in toSuvs & Co.; in Hamburg to ^tterdam t B\u201cdeauxto James Moss & C, SP^Lmen to HeibnRhppel & Sons; to Chablet & Malcolm; m ¦t m Montqomeme & Gbeenhoknb, tondontoMoNTQüm\tGlasgow to «9taCecliuroh Streep ^ Gre J clyde IWM * T itornool to Allan Bbothebs, £1 Street; in Chicago to Allan & Co., ,3 la Salle Street.& ALLAN, Comer of Youville and Common Streets.December 24\t-?- ÿHiTE STÂR LINE, uiim at Cork Hart»»!, Irelani, .»-rYIFG BE1TISH AND AMERICAN iïa\tMAILS.PROVIDED WITH EVEEY MODEEH IMPROVEMENT.jiilmg between NEW YORK and LIVER POOL, via Queenstown ire appointed fn leave as follows Britannic.Sat., Dec.28, at 8.30 a.m.Iepdblio .Thurs., Jan.2, at Noon.\u2022Germanic.^Sat.,\tJan.11, at 7,00 a.m.Adriatic .Thurs., Jan.16, at 11.30 a.m.\u2022Celtic .Thurs., Jan.23, at 6.00 a.m.Britannic.,.Sat., Feb.1, at Noon.Kepublic.Thus., Feb.6.at 3 00 p.m.Germanic.S t.Feb.15, at 12.->0 p.m.Adriatic.Thurs.,Feb.20, at 3.00 p.m.Celtic.Sat., Mar.1, at 11.00 a.m.Britannic.Sat.,\tMar.8, at 3.00 p.m.Bepdblic.Thurs., Mar.13, at 9.00 a.m.Germanic,.Sat., Mar.22, at 3.00 p.m.¦Adriatic.Tuurs., Mar.27, at 8.00 a.m.\u2022Passengers can go on board the night before.Porthe months of JANUARY and FEB-EUAEY next.Tickets will he issued by this line from New York to Liverpool, by any Steamer, at $60 and $80.WINTER RATES.SALOON PASSAGE.New York to Liverpool and Queenstown, (SO, $80 & ?100 gold.Return Tickets, $145 ud $175 gold.Tickets to London, $8, and to Paris $20, gold, additional.Children between one and twelve years, and sériants, $50.00 Infants free.For the Winter Season, this Company have decided to make an additional Saloon tateof passage of $60 Gold, from New York to Liverpool.Special Excursion Tickets will he issued until March 31st, 1879, at (12# Sold.These Steamers do not carry Cattle, Sheep or Pigs.8IEESAGE PASSAGE.Montreal, to or from Liverpool, London, Londonderry, Queenstown, Glasgow, Bel-last, Bristol or Cardin, $31 Gold.Pisseogers taking the \u201c White Star Steamers,\u201d as a rule, arrive in London n9( days from New York.Passengers booked, via Liverpool, to all lifts of Europe at moderate rates.For further information and passage, \u2022PPlyto E.J.CORTIS, Agent, 37 Broad-\u2022«y.New Yck.Or to B.J.COGTTLIN, Sole Agent, 26 St.Snlpioe Street, Montre» ipril 11\tyl 244 CONARD :.la;7Pea.Oct.30 a'TO^,a\u2018,/fl0¥- 0 *'wea,-\u2019 Nov, 13 Yed., Nov.£0 mild MONTREAL, VOL.LXX.steamship Hoticcg.Notice to Shippers & Importers DAILY' COMMERCIAL GAZETTE.^WÈÊÉSF WINTER STEAMSHIP SERVICE, VI» PORT-LAND, IN CONNECTION WITH TNE GRAND TRUNK RAILWAY CO.OF CANADA.Arrangements have been completed by The Dominion Steamship Co.I Tho Canada Shinnin- Co DOMINION LINE.I BEAVER LINE To perform a WEEKLY SERVICE between Liverpool and Portland during the ensuing WINTER, with the following Fibst-class Clyde Built Steamships ^1¥erP001 on Thursdays, and Portland on Saturdays in each week ¦ Dominion line.Tons Mississippi.2,250 Quebec.2,300 Dominion.,.,.3,200 Beaver Line.T ,\tTons Lake Champlain.2,208 Lake Neplgon.2,200 State of Alabama.2,300 Appointed Sailings\u2014Portland to .\tLiverpool.Mississippi-\tstate of Alabama\u2014 Nov.30\tDec, 7 (Quebec\tLake Champlain\u2014 t, .\tDec.14\tDec.21 Dominion-\tLake Neplgon\u2014 rn,\tDeo.28\tJan.4 Inese Steamships are all of large carry-mg capacity, will Insure at the Lowest liâtes, and have superior accommodation for Passengers.Through Bilk of Lading issued by all Grand Trunk Railway Agents in Canada.Apply in Liverpool to FLINN, MAIN & MONTGOMERY, Dominion Line.H.J.SELKIRK, Manager Canada Shipping Co\u2019y., ., .\t,\tBeaver Line.And m Montreal to\u2014 DAVID TORRANCE & CO., Exchange Court, Agents Dominion Steamship Company.AND THOMPSON, MURRAY & CO., 1 Custom House Square, Agents Canada Snipping Company.Montreal, 27th Nov., 1878\t283 DOMINION LINE OIT STJÏÏÆMJSHÜP» Tons.Dominion,.3,200 Texas .2,350 Quebec.2,250 Borossia.2,150 Brooklyn.3,500 SAILING.Running in connection with the CS-rantl Trunlt 8>% P3 p, Bank of Montreal\t\t$200\t!s p.c\t139#\t\u202238* Ontario Bank\t\t40\t3 P-c\t68\t67* Bank of B.N.America.\t£50\t0\t\t Consolidated\t\tflUO\t3' p.c\t67#\t57 Banque du Peuple\t\t50\t3 p.C\t61\t60 Molsons\u2019 Bank\t\t50\t3 p.e\t63\tSO Bank ot Toronto\t\t100\t3* p.c\t116#\tUS Bank Jac.Cartier\t\t25\t\t32\t31 Merchants\u2019 Bank\t\t100\t3#p.Cj\t79#\t78# East\u2019a Townships Bank.\t60\t4 p.c\tB.\tC.Quebec Bank\t\t .\t100\t3# p.c\t\t Banque Nationale\t\t50\t3# p.C\t\t Onion Bank\t\t50\t2 p.c\t\t \u2022Mechanics\u2019Bank\t\t30\t\t\t Can.Bankof Commerce.\t50\t4 p.C\tnoix\tti:ov Metropolitan Bank\t\t100\t\t\t Dominion Bank\t\t50\t4 p.CI\t\t Bank of Hamilton\t\t100\t4 p.C\t\t Maritime Bank\t\t100\t3 p.c\t\t Sxchange Bank\t\t100\t3 p.C\tB\tc Ville Marie\t\t100\t3 p.C\t\t S^ndard Bank\t\t100\t\t\t Feu3ral Bank\t\t100\t3#p.t\t\t Imperial\t\t100\t4*\"p.O\t\t MISCELLANEOUS.\t\t\t\t Intercolonial Coal Co.\t100\t\t\t Huron copper Bay Co.\t4\t\t\t Montreal Telegraph Co.\t40\t3 p.c\t111\tno* Dominion Telegraph Co.\t50\t3\t1.C\t\t Rich.& Ont.Nav.Co .\t100\t3 p c\tt43\tt42 City?ssengerR.R\t\t5Ü\t\\*5 p.C\t80\t77 City Gas Co\t\t40\ts p.c\t108\t107 Merchants\u2019 Exchange.\t100\t3 p.C\t\t Cle.Pret et C\u2019dtt Fonder\t\t4 p.C\t\t Quebec Fire Assurance.\t\t\t\t Montreal Invest.Ass\u2019n.\t\t\t\t Cotton Manufactur'g Co\t100\t\t\t Cornwall Mfg.Co\t\t\t\t\t\t\t Mont.Warehousing Co.\t\t\t\t North Am.car Co\t\tmo\t\t\t Mont.Loan &Morter co.\t60\t4D.0\t\t Montreal Buiid\u2019g Ass\u2019n.\t50\tSp.C-\t\t sealing and Fishing\t\t\t\t\t Academy of Music\t\t.00\t\t\t Royal Canadian Ins.Co.\t100\t\t\tS3 Can.Landed C-edlt Co.\t100\t4*p.e\t\t Globe Printing Co\t\t50 J\t\t139#\t137 Dominion stotfR G p*c.\t\t\t\t Dominion Stock 5 p.e.\t\t\t\t Dominion Bonds\t\t\t\t\t Dom.Tel.6 p.c.stg Bds\t\t\t\t Gov.Deb 6 p.c.stg\t\t\t\t\t Gov.Deb.a p.c.cy\t\t\t\t\t Gov.Deo.5 p.c.stg\t\t\t\t\t Gov.Deb.6p.c.cy\t\t\t\t\t Mtl.Harbor 6* p.c.Bds\t\t\t\t Mtl.Harbor 6 p.c.Bds\t\t\t\t G.T.R.7 p.c.stg.Bonds.\t\t\t\t C.& St.L.R.6 p.c.Bonds\t\t\t\t do\ts p.c.cy.do\t\t\t\t Montreal 6 p.c.Bonds.\t\t\t\t Montreal W.W.Bonds.\t\t\t\t Montreal7 p.c.Stock.\t\t\t\t Montreal 6 p.c.Stock.\t\t\t\t EXCRANGE.\t\t\t\t Bank, 60 days\t\t\t\t\t N.Y.Gold Drafts\t\t\t\t\t Gold at noon\t\t\t\t\t\t Sterling Ex.in N.Y.\t\t\t\t *5 per cent for 2 years.\ttex div.\t\t\t MACDOLGALL & DAVIDSON Bickers\u2019 CENTRAL NEW YORK CHEESE TRADE.An interesting report was presented by the Secretary of the Utica Board of Trade, Mr.H.D.Gilbert, at a meeting of that body last week, reviewing the cheese trade of the past season.The make of cheese began and the markets were opened earlier than ever before, and spring, summer and autumn were alike favourable for a large product, with the single exception of a short hot and dry term in July.The business of the Board of Trade both at Utica and Little Falls was so well maintained that not a single market day passed at either point without the occurrence of sales.The amount of business shows an increase in quantity of cheese at both points as compared with 1877,\u2014the increase at Utica John M.M.Duff iiOctober 12 J ly 31 Chronicle is a valuable advertising medium.TERKS \u201d \u2022 - $S PER ANNUM IN ADVANCE.Favourable arrangements can b.e made for advertisements in both papers.THE NOVA \u2019SCOTIAN a weekly edition of 1 a, ChronicU .is issued every Saturday.It has a larger circulation than any other weekly paper m the Pro- $1.25 perannum vmce.Subscription ^\u2018^YeS ANNAND, Proprietor, Halifax.DeceisberiS\tUi ,v ?N O\u2019-L\u2019T & GO stock Brokers, 11» % Francois Sarrer (Members of Montreal Stock Exchange), buy and sell all Stocks and Bonds.Investments made or realized, May 6 UAMAK Ü LtiISfS, BARRISTERS, attorneys-at-law SOLICITORS IN CHANCERY, notaries PUBLIC, &c., OORNWâXlLg ONT.! R.B.Carman.ly 142 Jas.Leitch.June 14 No.July J, RSELLE, ü\ttSujrveyer.146 ST.JAMES STREET.ly 169 There was a good demand for money on call and for short dates, borrowers offering the outsides rates of yesterday, viz., I IS) 8 per cent., the latter for not strictly call, or a few days notice.Most ot the transactions however, were on the open market ; Sterling 60 day bills are purely nominal at 8f 8J for cash and credit, the rate in New York being 482J tS)482^.The New Canadian Loan which Mr.Tilley recently placed on the English market was pretty freely discussed in financial circles here to-dayj the matter having been again brought to the surface by the telegram which appeared in our Toronto despatch of yesterday.We attach very little importance to the statement whether true or otherwise.It matters nothing to us whether the loan is in the hands of middle-men or end men.Mr.Tilley has undoubtedly floated the loan at the nominal rate, we are at present obliged to admit of 96â Æt> 96|, but until the Finance Minister makes his statement in Parliament we are not at all likely to ascertain the absolute result of the transaction.If Mr.Tilley has made as good a sale of our bonds as Mr.Cartwright, we will be the last to assail him or his Government, and we are quite willing to wait till we have some authentic information on the subject.If th# \u201c middlemen\u201d have the loan on their hands we presume they took' all they have, because they thought they could make a turn out of it.Meantime, the country has, we believe, secured ail it required, and when the time comes for criticism on merits we are sure Mr.Mackenzie\u2019s government will have nothing to be ashamed of so far as negotiating loans are concerned.We do not now expect Ministerial journals to announce the net outcome of the sale, but that the loan has been negotiated, we have no doubt.The Stock Market was much more active,, but a shade off, except for Montreal Telegraph, which sold to a very large extent at j i@ 2 over the closing prices of yesterday ; Bank of Montreal sold down to 138|, but only in small amounts, and closed with buyers at 138| and sellers at 139 ; Ontario were steady at at 68 ; Consolidated changed hands down to 57| ; Peoples were stronger at 60 ; Molsons would bring about 81, holders ask 83 .Merchants opened lower at 78| but gained strenght and sold back to 79J, closing at 79j 1® 793.There was nothing done in Commerce, the closing prices being 101 tS> IOI2 ; Gas is dull and neglected at 107j /5> 108 ; Royal Canadian is in demand at 83 > No shares offered ; Richelieu and Ontario closed steady at 43.The business reported at the Morning Board was : Bank of Montreal.25, 6 i@ 139 2 tS 138| Ontario .25, 70, 23 i® 68 55 /5) 67| Merchants .14,10, 13) 78| 15, 11 13 25, 25 t3 50 (3 79£ Mont Telegraph.25, 25, 25, 25, 25, 50, 25, 25, 25 (3 111 25, 25, 3 t3 111! Rich.&Ont.Nav.Co.25, 25 (3 43 At the Afternoon Board a very large business was done in Montreal' Telegraph, transactions in other securities being light.Bank of Montreal.9 /S> 139 Ontario.43 (3 68 Consolidated.10 (3 58, 5 13 57| Peoples\u2019.50 (3 25, 25 t3 60 Merchants.6, 79!, 11, 25 1® 79! Mont.Telegraph.,.325,50, 50 t3 111! 228, 100,25, 200 /® 111! 125, 25, 100, 25, 50 1® 111 250, 25, 10, 25, 50, 50, 25, 3 {3 110| The following are the opening and closing quotations of New York shares :\u2014 Prev.day.Op\u2019g 11.40 Cl\u2019g.West.Union.93| Lake Shore.69| Pacific Mail.14 Erie.20! Ohio & Miss.Nor.-West.48! Do.pfd.75| St.Paul.35 Do.pfd.73! Mich.Central.71! Jersey Central.31| N.Y.Central.110! Del.Lack.& West.42 Del.& Hudson.37 Si.Joseph.13! Rock Island.120 C.C.&I.C.5! Tol.& Wabash.20| Union Pacific.66| A.& P.Tel.Gold.100 Exchange.483 Money.4 being over 50 per cent., as will from the following statements ;\u2014 CHEESE TRADE AT UTICA.1877.Sales of boxes.205,713 Highest, price obt\u2019ed .15 Lowest price obt\u2019ed.Highest single arge.Lowest single avge.Ave.high for year.Ave.low for year.Gen.ave.for year.Value of season\u2019s cheese at the general average price, 1878 .$1,686,922 55 1877 .1,439,991 00 .08! .14! .09! .12 Ilf be seen 1878.322,535 \u202212f .06! .124 .06f .09037 .0805 .08717 Bal.in favor of 1878.$216,931 55 CHEESE TRADE AT LITTLE FALLS.1877.\t1878.Sale of boxes.208,847\t281,618 Highest price obt\u2019ed\t.15\t.124 Lowest price obt\u2019ed.\t.07\t.06 Highest single avge.\t.144\t.11 Lowest single avge.\t.09\t,06f Ave.high for\tyear.\t.1215\t.08896 Gen.ave.\tfor\tyear.\t.11819\t.08469 Value of season\u2019s cheese at the general average price, 1877\t.$1,481,017\t61 1878\t.1,431,013\t70 Bal.in favour of 1877.\t$50,003\t91 TOTAL SALES AT BOTH MARKETS.1877.\t1878.Number of boxes.\t414,560\t604,153 Value.$2,921,008\t$3,117,936 The first sale day of the season was April 8, at Little Falls, and April 15 at Utica.HEAVY SUSPENSION IN THE IRON AND COAL TRADE.At a meeting of the shareholders of the Chatterley Iron Company, on Tuesday, the resolution previously come to for voluntary winding up of the Company under supervision of the Court of Chancery was confirmed, and the chairman, the secretary, and Mr.Lippoc, a large shareholder, were unanimously appointed liquidators.It was stated by the Shareholders\u2019 Investigation Committee that the reason the company could not carry on was that large works had been purchased without sufficient capital being provided to carry them on, and the chairman said that a portion of the works had been conducted at a loss for the last three years.It was stated with reference to the £14,000 worth of bonus shares which had been issued that at the time the Company was re organized, and which has caused much discontent, that nine-tenths of the holders were willing to relinquish them, The Company\u2019s works are situated at North Staffordshire, and employ 2,500 hands.The mines under their property unworked are exceedingly rich, and if fully developed would give an enormous yield.Great confidence was expressed in the directors and management.\u2014Glasgow Herald, THE BANKRUPTCY OF MESSRS.HA Y, SON & CO.year.69! 13! 20! 48| 75| 35! 73! 71| 31| 13! 20| 48! 75! 35! 73! Til 32! 42! 37 66| 100 483 1204 100 93( 69 j 13! 20' 7 48 ! 75! 35! 73[ 71j 31S 110] 4h[ 37! 13! 120 5i 66] 100 483! 3! A meeting of the creditors of William Hay, Son & Co., millers and grain merchants, City Flour Mills, Port-Dundas, and George Ramsay Hay and David Dalglish, the individual partners of that firm, and of William Hay as a partner of that firm and as an individual, was held in the Faculty Hall on Tuesday.Mr.Wm, Brown, CA-, was elected trustee ; Messrs, Maclay, Murray & Spens, writers, agents in the sequestration ; and Mr.Henry Kerr Anderson, C.A.; Mr, Andrew Rintoul, grain merchant ; and Mr.John M\u2019Neil, grain merchant, commissioners on the estate.The accounts submitted showed the liabilities of the firm to be £52,694 19s.7d., and assets £9,361 12s.7d., leaving a deficiency Of £43,333 7s.Od.\u2014Glasgow Herald.SUSPENSION OF A PUBLISHING FIRM.CORN EXCHANGE REPORT.Friday.December 27.Wheat in Chicago was quoted 1c.lower.Beerbohm\u2019s Advices.\u2014 Floating Cargoes\u2014Wheat and Corn inactive.Cargoes on passage and for shipment\u2014Wheat and Corn inactive.Arrivals off coast, f.o.-Wheat and Corn nil.English and ^ ranch Country Wheat markets steady.Imports into United Kingdom, during past week:\u2014Wheat, 195,000 i@ 200,000 qrs.; Corn, 90,000 t3 95,000 qrs.; Flour, 85,000 t3 90,000 bris.Previous week :\u2014Wheat, 175,000 t3 180,000 qrs.; Corn, 105,000 /S 110,000 qrs.; Flour, 80,000 ta 85,000 bris.Liverpool Wheat and Corn, spot, quiet.California Club Wheat, 9s.6d.t3 9s.8d.do.White, 9s.2d.13 9s.5d.Weather in England warm for the time of Shoulders, 18s.6d, Flour.\u2014Market is without change, no business doing, and quotations nominal.Superior Extra.$4\t45\t@\t4\t50 Extra Superfine.4\t25\t@\t4\t30 Fancy.4\t10\t@4\t15 Spring Extra.0\t00\t@\t4\t00 Superfine.3\t70\t@3\t75 Strong Bakers\u2019.4\t20\t@\t4\t40 Fine.,.3 15 @ 3 25 Middlings.2\t85\t@\t3\t00 Pollards.2\t50\t@\t2\t70 Ontario Bags.1\t90\t(g\t1\t95 City Bags (delivered).2\t12!\t@ 2\t15 Oatmeal\u2014Ontario, $3.75 to $4.00.Cornmeal\u2014Kiln-dried, yellow, $2.25 to $2.35.Corn\u201446c 1® 47 !c.Canada Wheat\u2014Nominal.Peas\u2014About 72c.to 73c.per 66 lbs.Oats\u2014About 28c.to 29c.Barley\u2014About 70c.to 80c.Butter\u2014Western, store-packed, 6c.to 9c.; Dairy, Western, fair to good, 8c.to 12c ; Morrisburg, good to choice, 13c.to 17c.; Eastern Townships, good to choice, 14c.to 18c.Cheese\u20148c.to 8|c., according to make.Lard- 8c.to 8|c.for pails.Pork\u2014Mess, $11 to $11.75, according to brand ; Thin, nominal.Ashes\u2014Per 100 lbs\u2014Pots, nominally $3.67!\t$3.75.Dressed Hoes.\u2014Held at about $3.75.New York, December 27\u201412.20 noon.\u2014 Wheat, easy; Chicago, 96c @ 97c; Milwaukee, 99c @ $1; No 2 Amber, $1,12!: No.1 Red Winter, held at $1.12.Corn, quiet : steamer, 45|o @ 46c ; No 3, 45e ; No.2, 47ie.Oats, quiet.Gold par.Chicago, Dec.27.\u2014Wheat\u2014Receipts, 75,000 bush; shipments, 14,000 do.9.31 a.m.\u2014Opens at 83Jc for February.11.05 a.m.\u201482|c @ 83c for January; 83fc bid for February.Corn\u2014Receipts, 44,000 bush; shipments, 39,000 do.9.37 am.\u2014Opens at SOfc for January ; 30Jc bid, 31o asked for February; 34|c asked for May.11.00 a.m.Oats\u2014Receipts.22,000 bushels; shipments 36,000 do.Barley\u2014Receipts, 55,000 bushl; shipments, 12,000 do.9.30 a.m\u2014Pork\u2014 Opens at $7.40 @ $7.45 for January; $7.45 (g! $7 47! for February; $7,55 @ $7.57! for March.9.43 a.m\u2014-Lard\u2014Opens at $5.45 for February ; $5 52! for March.Milwaukee, Dec.27.\u2014Wheat\u2014Receipts, 109,000 bushels; shipments, 90,000 bushels.9 :-2 a.m.\u2014Opens at 83ic for January.11.15 a.m.\u2014Quist at 83c for December; 83!c for January ; 84!c for February.Receipts of Produce\u2014December 27.G.T.R.Flour, bids.1,400 Butter, kegs.1,2C0 Dressed Hogs.636 Ashes, brls.1 Leather, rolls.637 (à 0 30 0 00 0 co 0 39 0 00 0 35 0 00 0 00 MOLASSKS\u2014Duty : 73c # loo its when lor refining, and when not so used, 25 cent, ad valorem, including value of _ pa mages.bugar nouse.o\t26 Centrifugal.o\t00 Muscovado, ^\tgal.o\too BarDadoes.o\t37 Demerara.e\t00 Porto Rico .o\tS3 Trinidad.o\too Sji-ud.o\too .NAVAL STORBS\u2014Duty : Turpentine, 17 por cent.Turpentine, ^gal.o\t43 (a o 45X Tar, Coal, ÿ bn.o\t01\t.\t2\t50 Tar, Pine.3\t50\t.\t4\t00 Pitch, Pine.0\t00\t.\ts\t60 Pitch.Coal Tar.2\t50\t.\t2\t75 OILS\u2014Duty : Crude Petroleum, Gc r! g LlnseedU on an.Linseed, boiled, ^ gai.0\t64\ta Do raw.0\t00 OUye.0\t97x.Whale,.\t 0\t00\t.Cod, Newfoundland.c\t42k;.Seal, Pale.0\t43 Steam Refined.0\t47\t!1 Seal, Straw.0\t00 Lard, No.1.0\t00\t\u201d Do No.2.0\t00\t1 Palm, 3?ft.0 00 .Winter Pressed Lard.0\t85 Paraflne, $gal.0\t22>x.Petroleum, Refined, car-loads.0\t00\t.Do do lu small lots 0 18 .PAINTS\u2014Duty : 17« ^ cent.Venetian Red.0 0 65 0 60 1 10 0 00 0 45 0 45 0 48 0 40 0 70 0 65 0 00 0 90 0 25X 0 17* 0 19 Putty, s 108 lbs\t Dry White Lead, ¥ 100 lbs\t Dry Red Lead\t White Lead, genuine, « keg.Do\tdo No.1.\t Do\tdo No.2\t\t\u2022 \u2022 «\tva» .2 50 .6 00 .212*.1 87*.\t3 00 6 75 0 00 2 37# 2 12# Do do No.3\t\t RICE\u2014Duty : 1c « lb\t Sago\t\t.1 37#., 4 25 @ 5 50\t1 a\u2018# 1 62# 4 60 Tapioca\t\t.7 75 .\t9 00 0 90 0 60 0 85 SALT\u2014Prom ü.K.: Free.Factory Flllod.Coarse, New.Fine.SPICES\u2014Duty : Ground, 25 per cent, ad valorem.Cassia, tb.0\t14)40 Cloves.0\t39\t.Nutmegs.0\t65\t.Ginger, Jamaica.0\t21 1 15 0 62* 1 05 Do African\t Pimento\t\t\t0 00 ! .0 14.V Pepper, Black\t Do White\t\t\t 0 09 .\t\t 0 18 , Mace\t\t\t\t\t 0 76 SUGAR\u2014\t Demerara, V.F\t\t\t 0 00 .Porto Rico, ^ 11\t\t\t\t 0 00 , Trinidad do \t\t\t 0 00 Barhadoes\t\t\t 0 00 .Dry Crushed, In bris.200 lbs.0 09*.Cut Loar.o\tC9*.Scotch Refined,^ lb yellow.0 vt)}/ American Granulated.0\tis* Do.Yellow.0\t06*.\" Extra C.Yellow.0\t07* .C.\u201c\t 0\t00 .TEAS\u2014Duty : Greeu, 6e u tb; Black, 5c.Unground, 17* 0 16 0 45 0 35 0 25 0 69 0 15 0 11* 0 10 0 80 0 to 0 00 0 00 0 00 0 C9* 0 10 0 08* 0 09 07* 0 OS 0 00 UncolouredJapans, ÿib one icest 0 45 do do fine;t .0 40 do\tdo\tgood medium 0 35 do\tdo\tgood common 0 25 Japan Pekoe Imperial.Gunpowder.Young Hysons, Firsts.do\tdo\tSeconds.!.].do\tdo\tThirds\t do\tdo\tCommon\t Hyson.\t\t 0 25 0 22 0 25 0 00 U 15 0 30 0 22 0 25 0 18 0 22 0 65 0 60 0 32 0 24 0 26 Twankay.Hyson Twankay.sspngou.fine.do Good Medium.do Common Medium.' C do Common.Souchong .oolong.;.; ; 5 Hyson.Skin.;.o 28 TOBACCOS\u2014In Bond, Excise, 20e ®\"n>.British Consols.o 00 a o so l Bright\u2014Solace.o is .o 23 0 33 0 32 0 14* 0 14 0 50 0 45 041 0 30 0 37* 0 35 0 50 o 7oa; 0 50 0 35 028 0 45 0 25 0 27 0 75 0 60 0 38 0 30 0 60 0 35 0 26 WlfOLutùALE PRICES CURRENT Montreal.December 27.BLUE.\u2014Duty: 17* ® cent.Button .0 06\t@\t0\t07 Ball.on\t.\t0\t14 BOTTLES.0 00\t.\t5\t60 CHICORY\u2014Duty : Kawoi cteen, sc^pound Roasted or Ground, 4c $lb.o 10X@\to\t11* COFFEE\u2014Duty : Green, 2c $ pound: Ground or roasted, 3c Laguayra, Green, per lb.0 19^ g\to\t20 Maracaibo.0 20\t0\t22 Jamaica.o 19 .\to\t21 Java [Govt].0 29 .\to\t30 Rio.0 19 .\t0\t20 Ceylon.o oo .\to\too Singapore.0 20 .\tü\t22 Mocha.0 29\t0\t32 CANDLES\u2014Duty : 17# W cent.Belmont Sperm.o\t19\t@\to 20# Mould, Montreal.0\t00\t.\toio Parafln,i2s\u2019& 6s.o 18\t.\to\t20 COAL ex yard Scotch Steam.o 00\t.\t6\t76 PlCtOU DO .o 00\t.\t6\t26 Cape Breton.0 oo\t.\t6\t25 Smiths\u2019.0 oo\t.\t6\too Welsh Anthracite.0 oo\t.\t6\t6J English Coke.0 00\t.\to\t00 Am.Anthracite,.Lump, Lehigh.0 00\t.\t7\t60 Stove .o oo\t.\t7\too Egg.0 00\t.\t6\t76 Grate.0 00\t.\t6\t75 Chestnut.0\t00\t.\t6 60 1 stsCORKS\u2014Duty : 17# 3?cent.tosras, per gross.0 60 @ 2 00 DRUGS\u2014Duty: Free.Those marked * 17# pc \u2022Bicarb Soda\t\t.3\t05 @\t3\t25 Soda Ash\t\t.1\t30 .\t1\t40 Iodide of Potash per lb\t\t\t4\t75 .\t5\t00 \u2022Arrow root, 'tf lb\t\t\tU\t11 .\t0\t15 Borax.Refined \t\t0\t00 .\t0\t10 Cream Tartar, Crystals\t\t\t0\t24*.\t0\t26 \u2022Do Do Ground\t\t\t0\t00 .\t0\t00 Caustic Soda\t\t\t2\t45 .\t2\t50* \u2022Sugar of Lead \t\t\t0\t11\t0\t12 Bleacffing Powder, $ ft\t\t\t1\t25\t.\t1\t37 \u2022Alum,\t\t\t0\t00 .\t1\t65 Copperas, lb\t\t\t0\t00 .\t0\t01 Sulphur\t\t.0\t00 .\t0\t03 Roll Sulphur\t\t.0\t00 .\t0\t02 Epsom Salts, $ 100 lbs\t\t.1\t75 .\t2\t00 Sal Soda $ loo lb\t\t.1\t20 .\t1\t30 Saltoetre.oer keg\t\t.6\t75 .\t0\t07 Rough and Ready, 6s and 6s.o 30 Brignt\u2014 3\u2019p.o 21 Black Navy # lbs and long 6\u2019s 0 00 Black I2*a.9 o MARKETS BY TELEGRAPH.TO THE MONTREAL HERALD FISH\u2014From C.S of all iinds.excep': mat preserved In OH, free ; Salted or Smoked trom other countries, lo per pound; packages, 17* ; preserved, from tother countries, 17*.Cod, Dry Table, ¥ 112 tbs.4 5fl @\t6\t25 Cod, Green, $ bhl.4\t00 .\t5\t25 Drafts,.6\t00 .\t6\t25 a Salmon, in barrels.9\t59\t.\t11\t50 Do do tierces.0\t00\t.\t0\t00 Mackerel.5\t00\t.\t10\ton Herrings, Labrador.4\t50\t.\t6\t00 Sea Trout.7\t00\t_.\t7\t50 CANNED FISH\u2014 Loosters.1 40 @ Salmon.1\t75 .Mackerel.1\t65 .FRUIT\u2014Duty : 17* cent.Layers, per box.1 45 .Loose Muscatels.1\t60 .London Layers.2\t00 .Black Basket.2\t65 .Blue do .2\t85 .Black Crown.4 50 .ValenciaRalsms $tb.0 04%.Sultana Raisins.0\t08*.Do Old.0 4* , seeüless Raisins ® ft.0 oii .Currants.0 04* .Figs.Elme.0\t12*.Layers.Malaga.Do Do Prunes Almonds, Languedoc Do Tarragona Do Provence 0 os*.0 05*.0 04*.0 00 .0 16 .0 CO .Do iviea.0 14 .Paper Shell.,.11.000 .Jordan.000 .Filberts.0 07 .Brazil Nuts.0 07 .Walnuts.0 07,*.Sardines, quarters.0 09*.Do halves.0 16*.GLASS\u2014Duty.i7* u cent.English and German, 6*x7* half box.:li 50 The suspension of payment was announced on Tuesday of Messrs.W.R.M\u2019Phun & Son, an old established and well-known bookselling and publishing firm in the city.The liabilities are estimated at about £18,000.We may state that Mr.M\u2019Phun, junior, died about three years ago.Mr.M\u2019Phun died about a year ago, and the business for some time back has been carried on by trustees.\u2014Glasgow Herald.1 60 1 90 0 65 .to 00 7* X 8*, 7 X 9, S X 10 .10 X 12 .10 X 14.12 X 16 .14 X 20.18 X 24.INDIGO - Free.IRON AND HARDWARE.Pig Iron.'\u2022$ ton\u2014 Gartsheme.Summerlee .ig\t50 Laugloan.15 60 Egllnton.16 00\t.Glengarnock.16\tgo\t.Calder.No.1.16\t00\t.Carnoroe.,.10 00\t.Clyde.15 00\t.Hematite.20 00\t.Bar, I?100 lbs\u2014 Beoteh and Staffordshire.1 65\t.Best\tdo\t.2 00 .Swedesand Norway.3 75\t.Lowmoor and Bowling.5 60\t.l anada Plates,\u2014 ® box Glamorgan and Buda.3 00\t.Arrow, Penn* Garth.3 00\t.Hatton.2 90\t.Tin Plates, ^ box\u2014 Charcoal, I.C.5 25\t.Charcoal, I.X.7 00\t.Charcoal.D.C.4 25\t.Coke.I.C.5 00\t.Tinned Sheets.No 26.Charcoal.Cookley K.or Bradley.0 10\t.Do Coke.0 os\t.Galvanized Sheets.\u2014 Morewoods.B.B.28.0 07*.Lysaghts \u201c\t28 .0\t06*.Hoops and Bands, ¥ 100 lbs.2 20\t.Sheets, best brands.2 30\t.Boiler Plate,UlOOtbs,Staffordshire 2 50\t.Do Lowmoor* Bowling.5 50\t.LIVERPOOL PROVISION MARKET.Liverpool : Dee.26, 5.00 p.m.Dec.27, 5.00 p.m.Spring Wheat Red Winter.Club.Barley.Oats.].,.Peas.Pork .Uard.Beef.Bacon .Cheese.44 S,\td.\t\tS.\td.\tS.\t1.\t\tS.\td.18\t0\tra\t22\t0\t18\t0\tO\t22\t0 7\t0\t(3\t9\t4\t7\t0\t(A\t9\t4 .8\t8\t(m\t9\t0\t8\t8\t13\t9\t0 .9\t0\t(S\t9\t6\t9\t0\t(3\t9\t4 .9\t5\t(3\t9\t9\t9\t4\t(3\t9\t9 .23\t0\t(A\t23\t3\t22\t9\t(A\t23\t0 .3\t2\t(ct)\t00\t0\t3\t2\t(A\t00\t0 .2\t6\t\t00\t0\t2\t6\t(A\t00\t0 .31\tP\t(d\t00\t0\t31\t9\t(A\t00\t0 .40\t0\t(3\t00\t0\t10\t0\t(A\t00\t0 .31\t1\t\t00\tt\t31\t3\t(3\t00\t0 .80\t0\t(A\t00\t0\t80\t0\t(3\t00\t0 .23\t3\t(A\t24\t9\t23\t3\t(A\t24\t9 .36\t6\t(A\t00\t(\t36\t6\t(A\t00\t0 \t9\t@\t00\t0\t15\t0\t(à\t00\t0 1\t75 2\t10 1 80 1 50 1\t70 2\t16 2\t75 3\tOo 6 00 0 05 0 09 0 05 0 06* 0 05* 0 14 0 H 0 06 0 06 0 00 0 17 0 00 0 15 0 00 0 75 0 09 0 OSS; 0 09 0 10 0 17 1\t70 2\t00 0 72* 00 Oo 17 50 16 60 17 00 16\t50 IT 00 17\t00 16 00 22 00 1\t75 2\t25 4\t60 6 00 3\t10 3 20 3\t00 5\t50 7 50 4\t60 6\t00 0 11 0 10 0 07* (1 07 2\t25 2 60 3\t00 6 50 EUROPEAN.LIYERPOOL, Dec.27, 11:30 a.m.\u2014Cotton- In good demand ; Uplands, Sid; Or-leans, 9-16.LONDON, Dec.27, 11.30 a.m.\u2014Consols, 94 9-16 for money ; 9111-16 for account ; 4!\u2019s, 106! ; fives, 108! ; Erie, 20! ; pfd, 33 ; Ill.C, 79.5.p.m\u2014Consols, 94 11-16 ; 4!\u2019s, 106! ; 5\u2019e, 108! ; Erie, 21 ; pfd, 35 ; Ill C, 79.PARIS, Dec.27\u20141.30p.m.\u2014Rentes, 113f, ANTWERP, Dec.27.\u2014 Petroleum\u2014 21 id.UNITED STATES.CHICAGO, Dec.27.\u2014 Flour\u2014 Steady, unchanged.Grain \u2014 Wheat\u2014Inactive and lower ; No.2 Red Winter at 90c ; No.2 Chicago Spring, 82!c for cash; 82|c for January.Corn, dull and weak, lower at 30ic @ 3ofc for cash ; 3u!c for January.Oats, quiet and weak at 19£c for cash; 19ic for January.Rye, steady and unchanged.Barley, dull, weak and lower at 95c for cash.Pork\u2014Active and lower at $7.30 for cash ; 7.32! for January.Lard\u2014Active and lower at $5.33! for cash and January.Bulk Mr.^ts\u2014Active and lower; shoulders, 2ic.; short rib, $3 50 ; short and clear.$3,65.Dressed Hogs\u2014Steady and firm at $2.75 @$2.90.Whiskey\u2014Steady and unchanged.Receipts\u2014Flour, 30,000 bushels; Wheal, 75,000 bushel ; Corn, 43,000 bushels; Oats, 77,000 b' hels; Rye, 3,000 bushels; Barley, 5,000 bushels.Shipments-Flour, 10,000 bush; Wheat, 14,000 bushels ; Corn, 39,000 bushels ; Oats, 36,000 bushels ; Rye, 4,000 bushels ; Barley, 12,000 bushels.Hogs \u2014 Receipts, 13,600 ; Fght, $2.55 @ $2.60; heavy mixed, $2.50 @ $2.75.10.02 a.m.\u2014Wheat, 82|c for December ; 82 Jc bid for January ; 83!e asked for FVb-r ary.Corn, 30ic for December ; 30{c;@ 30!c for January ; 30ic for February ; 34|c a^ked for May.Oats, 19tc for December 19tc for January ; 19ic for February ; i23!c@23ic for May.Pork\u2014$7.30 for Jan ; $7.40 for February; $7.50 for March,.Lard\u2014$5.30 @ $5 32! for January; $5.40 @ $5.42! for February ; $5.50 asked for March.NEW YORK, Dec.27, 1.30p.m.\u2014Cotton \u2014Nominal ; Uplands, 9ic.Flour\u2014Dull and heavy; receipts, 10,000 brls ; sales, 8,000 barrels, at $3 00@$3.60 for superior State and Western; $3 50 @ $3.90 for common to choice extra State ; $3.50 @ $4.00 for do Western.Rye flour, dull, at $2.85 @ $3,15.Grain\u2014Wheat \u2014 Dull and slightly in buyers\u2019 favour ; receiptsj 58,000 bushels ; sales, 8,000 bushels No.2 Red for January at §1.10 Rye, dull aud heavy.Corn, a shade stronger and quiet ; reoeipts, 13,000 bushels; sales, 50,00j bushels at 43!c @ 47!e.Barley, dull.Oats, firm ; receipts, 7,000 bushels ; sales, 26,000 bushels at 29c (a, 31c for Mixed Western and State ; 32ie @ 36c for White do.Pork\u2014Quiet and about steady at $7.05.Lard\u2014Dull, in buyers\u2019 favour at §5.70.Butter\u20146c @ 30c.Cheese\u20143c @ 9c.Petroleum\u2014Crude 7|c @ 8c in brls ; Refined, 8|e.3.30 p .m,\u2014 Railroads\u2014Strong and generally higher.Stocks, a fraction higher in early dealings.N.1.Central advanced ! tolp.c.During the afternoon coal shares Heavily pressed for sale; d.dined ! @ If.After the announcement at the meeting of coal producers had resulted in the abandonment of the combination, large blocks of D.L.& W.were thrown on the market and stock sold down from 42! @ 41i, but received a fraction in .final dealings.Russia Sheet Iron ^ lb\t\t\t\t0 li) LEAD \u2014\t\t\t Plg^lCO loS\t\t.3 75\t\t4 25 Sheet, do \t\t\t\t.4 25\t\t4 75 Shot, do \t\t.6 00\t\t7 00 TEELS \u2014\t\t\t Cast $ lb \t\t.0 12\t\t0 12* Spring $ 100 lbs\t Tire,\tdo\t\t\t.3 25\t.\t4 25 \t.3 00\t\t3 50 Sleigh Shoe\t\t\t\t\t.2 37*\t\t2 CO Ingot Tin\t\t.0 16\t\t0 17 Do copper\t\t.0 18\t\t0 20 Horse Shoes, $ 100 lbs\t\t.3 25\t\t3 50 Proved Coll Chain, * In.\t.4 60\t\t5 00 Anchors\t\t.0 00\t\t0 00 Iron Wire.No.6, 33 bdl\t\t.1 65\t\t1 70 LEATHER\u2014\t\t\t Spanish Soles, No.I, B.A.\t.0 23\t@\t0 24 Do\tNo.2, A.A.\t.0 20\t\t0 21 Buffalo, NO.1\t\t.0 20\t\t0 21 DO NO.2\t\t.0 IS\t\t0 19 Slaughter, No.1\t\t.0 24\t\t0 25 Bough (Ligfit)\t\t.0 22\t\t0 23 Harness\t\t.0 23\t\t0 28 Waxed Upper Light\t Do do medium & h\t.0 34\t\t0 37 \tsaw 0 30\t\t0 34 Buff\t\t.0 14\t\t0 16 Pebbled\t\t.0 13\t\t0 15 Splits, per lb\t\t\t0 22\t\t0 23 Calfskin (light)\t\t0 50\t\t0 55 Do (heavy \t\t.0 60\t\t0 65 G.S.Hides\t .\t0 OS\t\t0 08 Slieepsklns.Russets\t\t.0 20\t\t0 25 LIQUORICE\u2014Duty ; 17* S Ct 0 14\t\t.\t00 20 forthisport.has not since been heard from.She was valued at $150,000.The Herald says we understand an English Steamship Company has been formed with a fleet of ten vessels to form a direct connection between the Central & Hudson River Railroad Co.\u2019s terminus in this city and ports in Great Britain, and that .such an arrangement has been made between two parties as will shortly secure to these steamers the entire shipments of the Central Road.An arrangement of this ikind should secure to this port such; freightage as is now diverted to Boston, it may be regarded as affording a favourable addition to the business of the city.The Evening Telegram\u2019s London special says the steamship Emily B Souder, which left New Yerk ou the 18th of Decern be:, bound for Turks\u2019 Island and San Domingo, foundered at sea, after, being only two days out from port.The news reached London to-day, being telegraphed from Kingston, Jamaica, by the Lloyd\u2019s agent at that place, who states that two of the crew of the ill-fated vessel were the only survivors of the wreck, had just been landed at Kingston.What became of the passengers, officers and remainder of the crew is not known, but the two wrecked sailors, who were picked up by the passing vessel, state that they believe all the others on board were drowned.The Souder was looked upon as a very dangerous craft by ship-owners.She was a wooden propeller, built in 1864, 303 feet long and 778 tons burden.The list of officers and crew number 29.The agents of the line have no information concerning the disaster.The following is the list of passengers : J A Tossano, Mrs W S Root, R Crosby, R A Friend, Mrs J M Cazneau, Mrs A M Stoim, A M Ros, Ferdinand Klemmer, Y Mella.Arrived \u2014 Steamship IRepublic, from Liverpool.QUENNSTON, Dec.27.\u2014Arrived Steam \u2022 ship Erie, from New York.SOUTHAMPTON, Dec 27 \u2014 Arrived\u2014 Steamship Neckar, from New York.Arrived\u2014Otranto, from New York.PA NAMA, Dec 19\u2014The schr Mary Sins monwas totally destroyed by fire at As~ pinwall on the 17th Inst.Loss, $20,090.IMPORTS.Per SS Lake Nepigon, G Scott, Master, from Liverpool via Portland, Thompson, Murray&co:\u2014W H Thorne 10 casks; H J Russel 330 pkgs; Order 52 plates iron; J Robertson&eo 7 cases; J A Skinner&eo 2 pkgs; Order 70 hf ehts; T Jordan 2 pkgs; W T Benson 5 casks; R Walker 1 os; E Hagar&eo 1 es; Thomson, M&co 10 oaks; Frothingham&W 245 bdls.946 bars; Order 22 casks, Whitehead&T 18 casks; J Shields &co 11 casks; Thos Robertson 24 plates; A Hope&co 522 pkgs; J:Robertsou3 casks; W Darling&co 150 bxs; Hamilton&M 80 bdls; G Childsefeco; 100 bags; J McArthur&son 5 bris; S Joseph&son 30 casks; iOrder 13 do, 8 cs; Fish, S&eo 4 cs; McLachlan Bros 5 es; W M Cooper 6 pkgs; Canada R Co 5 csks, 10 kegs; J H imel&Freres 6 pkgs; Asher & co 10 cs; Order 27 crates; J McArthur&son 4\tcasks; Order 30 cs; Robertson.L &co 5 cs; T.Sonne&oo 5 bales; Frothingham & W 400 bdls; W&F P Currie&eo 100 bags; H Preston 50 bags; .1 Watson&co 15 pkgs; J S Skinner 8 bags; Frothingham&W 211 pkgs; A H Simms&co 1 cs; A Beattie&co 2 tes; Order 10 cs, 100 bags; do 150 cs; do 100 cs, 50 bxs; W Warrick 9 pkgs; W Johnson 50 pkgs; L Richardson&son 2 cs; Buntin Bros 2 es; W H J B Graham4 cs; S Boyce 1 cs; Order 1 do: ABuntin&co3 es; Lamarche,DP &co 4 pkgs: Hamel&Frere 1 cs; Order 1 cs; N Webb 6 crates; Carwell, B&co 13 pkis, Frothingham&W 139 pkgs; B J Coghlin 1 cask; Montreal C Co 3 cs; Orathern&i' 6 cs; McClary Mfg Co 2 es; T Mussen 10 pkgs; Order 7 cs; do 15 cs; do 20 es; do 20 cs; A Hjqpe&co 55 cs; Barry&Hart 152pkgs; O & E Harfc 150 do; Verret, S&co 3,000 saeke; JG M-Kenzia 66 pkgs; Order 7 do; CR'der 15 pkgs; Order 19 sacks; J Harvey 1 pkgs; Cooper, F&co 1 bx; Order 1 cs; D McLean 1 bx; Order 1 bx; M Turcott&co 32 csks, 6 hf chts; W D Stroud 58 pkgs; Benny, McP &co 225 plates, 10 bdls: Cooper, F & co 32 bdls; C A Thorne&co 6 cts; Lymans, C|& co 2 cs; Thomson, M&co 1 cs; W&W Yuile 24 pkgs; W M Cooper; 3cs; Cooper, F & co 246 pkgs, 7 bdk; .) K Urquhart 250 bxs; Smith&K 750 bxs; Laing, S & co 22 pkgs; Robinson&co 26 pkgs; Order 26 cs; do 44 do.GRAND TRUNK WEST.A W Ogilvie &co 400 brls flour ; Crane & Baird 300 do ; Oliver Gibbs &co 100 do ; K & Cookssn 100 do ; W F Johnson 200 do; IT Fuller &eo 100 do; T W Raphael 100 do; Yiau & FrerelOO do ; Pinkerton; W &co 1 brl ashes ; H Chandler 205 kegs Lutter ; W Kendall 399 do 1 T 8 haw 39 do ; Fuller ;& Shufelt 94 do ; Bell, Simpsc n &co 16 do ; M Laing 15 do ; G o Wait 34 do ; Kirk, L &co 16 do; M Hannan &co 71 do ; A A Ayer &co 221 do ; G H Cochrane 48 do ; L Coul-ombe 42 do ; Bossange & Gardiner 1 roll leather; McLeod & Wallace 1 do; Cassils, Stinson &co 9 do ; J Turner &co 9 do ; J W Lowe 6 do ; J Dougall &co 17 do ; Fisk & Wardlow 20 do ; Black & Locke 21 do ; J A Stevenson 5 do ; Shaw B ros &co 1 car do ; D R Northey 56 rolls do ; Black & Locke 22 do ; K & Cookson 266 dressed hogs ; J O\u2019Connoi 370 do.VERMONT JUNCTION John Taylor & Bros 80 pcs; Thibaudeau Brosl cs; C Houston 1 cs; Young McN&co 1 cs; T Tiffin & co 150 bris; D P Beattie & co 128 brls; J A Mathewson & co'36 do; Jas Gculd 2 cs organs 1 piano; J McCready & co 6 CS; Alex Seath 2 cs; M Lachlan Bros & co 1 ble; S Greenshields S & co 1 cs; S McCall & co 1 cs; P Whitham & co 4 cs; Fisk &W 11 bdies; Geo T Sea on 1 bdle; F Hill 1 brl; H S bwan 75 egg es; L P 2 bx; M Davis 1 organ; A Larvine 15 pkgs hh effets; 5\tGreenshields S & co 7 cs; HLachlan Bros 6\tco 7 cs; John Findley 2 brls; Wheeler & W 4 bxs.GRAND TRUNK EAST.J G McKenzie & co 2 cs; R Reford & co 45 bids sugar; G W Grorer 10 es; J Leduc 3 bxs; O\u2019 Connor & co 1 bx 2 brls; D Hatton& Co 10 brls; Ogilvy & co 2 cs; Cassils, S & co 20 bdls.ROUSE\u2019S POINT.Ogilvy&co 5 cs; Gault Bros&co 4 cs; J Jaek&co 15 cs; Evans & R 1 cs; Goodyear R Co 1 bale; J D Shea 6 es; G Reeves 5 b des: Herald P & P Co 1 os; A Darling 32 bxs 1 hhd.AN ELOQUENT- REPETITION AN ANCIENT HOMILY.OF MINE INTELLIGENCE.Arkived from Quebec.Ontario, Dow, Grangemouth, Dec 10.Matador, Ewert, Marseilles, Dec 12.Arrived from Montreal.St Patrick, Cook, Liverpool, Dec 11.Lyra,-.Leith, Dec 11.Barcelona [s], Halcrow, Liverpool, Dec 12.BY T JE UE G B A P H .HALIFAX, N S, Decemoer 27.\u2014Steamer Peruvian arrived fram Baltimore, and will leave to raurrow for Liverpool with weekly mail.Steamer Cortes has arrived from New York.Schooner Maybell, of and from Prince Edward Island, for Providence, R I, with potatoes, went ashore Christmas night at India Harbour, West Halifax.Vessel and cargo is a total loss.Crew saved.An attempt is to be made to have direct communication with Havana.The first vessel, steamer Valette, of Montreal and Acadian line, will leave h;re for Havana direct, on Jan 20th.This is no doubt a starting point of a complete revolution in the Halifax trade with the West Indies.The ship Edith Troop, which put in distress two months ago in New York, for Antwerp, laden with grain, sailed for her destination to-day, haying repaired.ST.JOHN, Dec- 27.\u2014Schooner Arma-nilla, engaged in herring fishery in the Bay of Fundy, was wrecked at the Dead Man\u2019s Head, in the gale of Saturday- The vessel was owned by Samuel Theal, of Carlton.BALTIMORE, Dec.27\u2014Advices from St> Domingo report that the schooner Tim Pickering, from Curaco for Britimore, sank in a hurricane of Savona Island, December 2nd, five minutes after the erew had escaped in a boat.LONDON, Deq.2f.\u2014The steamship State of Louisiana is still on the rocks in Lough Larne, Ireland.The vessel had only about 20 passengers when she struck principally in the steerage.They have been sent to Glasgow.The shin is making water very fast, and it is feared she will be come a total wreck.The greater portion of the £ cargo has been removed.The vessel and merchandise are fully insured.The wreckers were driven off yesterday by the boisterous weather.NEW YORK, Dec.27\u2014The ss Glamorgan which left Gibraltar, November 27th, Having considered the subject of u Slanderers \u201d at some length, the Ottumwa (la.) Onward is moved to remark that \u201c there is a class of creatures, lies and shes, things that are neither men nor women, hyenas in human form, and they gorge themselves to the full on the foul and fetid falsehoods that continually ooze from the slimy and stinking sewers of each other\u2019s mouths.Their daily food is falsehood and filth, and the more nauseating and nasty the more nourishing and nutritious to these gloating ghouls.Their daintiest dish is served up in its most savoury manner when two or three of them meet to bandy lies about some good and virtuous girl or Woman.These he-harlots of Hades are always happiest when spreading the spawn of their lecherous lies over the sainted name of wife or mother, for by so doing the devilish ichor dripping from their ulcerous lips will eat enough and poision the whole family, The she-scorpions are the samples which Satan\u2019s drummers have located in each village, to show to mankind the meanest thing on earth or in hell\u2014a tell tale termagant.\u201c Shut your ears and doors,\u201d says the Onward, \u201c against them.Let these filthy fiends feel that you loathe them as you do the sow that is fresh from her wallow.If the long-eared and long-tongued hound comes into your presence, bid him begone.Kick these skunks of society from your path.Make them feel that they are no more welcome to your homes or in your presence than is the bedbug or polcat.Show these vermin that there is no place for them in decent society anymore than there is for the buzzard or the h»use-mouse or bat.Sooner would we welcome to our humble home a slimy snake than one of these babbling, tattling, scandal-serving cesspools that befoul society.WHAT IS BEAUTY?This question has alike puzzled the lover and the philosopher.The sage annaly-zes it into perfection of feature and color ing, and the lover, looking into the homely face of his adored mistress, declares that true beauty pertains rather to the imperishable soul than to the everchanging body.But the physician knows that the chief element of beauty is health.Health is to beauty what the subtile magnetic current is to the bar of polished steel\u2014by its presence attracting and retaining all its dedevotees, Beauty without health is a shrine without an oracle.Woman cannot possess this subtile attractive power of beauty while suffering from those chronic ailments and weaknesses that continually exhaust the springs of her vitality.Dr.Pierce\u2019s celebrated specific for this classof diseases, the Favorite Prescription, has been used by thousands of these sufferers, restoring to them health, strength, and beauty.BURLINGAME, Osage Co., Kan., August 7th, 1877.Dr.R.V.Pierce, Buffalo, N.Y.: Dear Sir\u2014Five bottles of your Favorite Prescription has effected my entire cure.Yours respectfully, Mrs.BESSIE PECK.EPPS\u2019S COCOA.\u2014GRATEFUL AND COMFORTING \u2014 \u201cÆy a thorougu knowledge e£ the natural laws whicli gevern the operations oi digestion and nutrition, and by a earetul application of the fine properties of well-selected cocoa, Mr.Epps has provided our breakfast tables with a delicately davoured beverage which may save us many heavy doctors\u2019 bills, Iq is by the judicious use o* such articles of diet that a constitution may be gradually bunt up until strong enough to resist every tendency to disease.Hundreds of subtle maladies are floating around us ready to attack whereverthereis aweak point.We mr.y escape many a fatal shale by keeping ourselves well fortified with pure blood and a properly nourished frame.\u201d\u2014Cfeil Service Gazette\u2014Sola only In Packets labelled\u2014\u201cJames Epps & Co, Homoeopathic Chemists, London, Eng.\u2019\u2019J March 1\t611 D & Vf 9520 14 ^5384989683462937^60 MONTREAL HERALD AND DAlLT OOM-MERCTaL GAZETTE, gATUEDAT, DECEMBER 28, 1878 v\tT .\t! ded, inflicts on any person whose posi- Hontwal ïàfttm.^ i-i^e p~, 0^^ SATURDAY MORNING, DEC.28.APPOINTMENTS.Academy of -Music\u2014Performance at 8 p.m.Dominion Commercial Travellers\u2019 Association.\u2014Annual General Meeting, in the Aiex\u201c andra Booms, St.Catherine Street, at 8 p.m.NEWS SUIVIIVIARY- dominion.__-phe governor-General is to receive on New-Tears day.__The Masons in various places held their annual meeting yesterday.__Wm.Campbell, of Bass Biver, N.B., \u2022was drowned by the breaking of the ice.\u2014Three hundred families in London (Ont.) are in receipt of weekly relief from the city.\u2014Ex-Alderman Gearing has come to grief in Detroit, being arreste 1 as an absconding debtor.\u2014Dr.King, late of Washington, is expected in Ottawa, having received an appointment in the Department of Customs.\u2014The new Corinthian Masonic lodge room in London was dedicated yesterday and the officers for the ensuing year installed.\u2014Mr.D.Tillson, a large manufacturer in Tilsonburg, was presented with a gold-head cane by his employees, who number about 125.\u2014Mr.Biehard Harrison, an old and respected resident of Toronto, died yesterday from injuries received from falling on the sidewalk.\u2014The Halifax Chamber of Commerce yesterday, after appointing Messrs.J.J.Bremner and B.Bickford as delegates to to the Dominion Board of Trade, discussed the sugar, coal, and other questions at some length.A resolution was Jpassed as regards the former article, expressing a desire for ad valorem duty with a difference of at least 5 per cent between raw and refined sugars and to have the duty on packages removed.UNITED STATES.\u2014The steamer \u201c State of Georgia \u201d has arrived at New York from Glasgow.\u2014Chas.P.Eorbes, of Cincinnati has been arrested for swindling in Chicago.\u2014A messenger of the Importers and Traders Bank has been robbed of 5200,000.\u2014The body of Henry Wells, the Pioneer Express man, arrived in New York from Glasgow.\u2014A receiver has been appointed for the Eagle Mowing and Beaping Machine Com pany at Albany.\u2014The steamship \u201c Sounder,\u201d which is reported as lost, was rated as A 1 and valued at 550,000.\u2014The death of virginius famous John Brown was commemorated by the coloured people in New York.\u2014 James McDonald and Wm.Davis were held under $5,000 bail each, in San Erancisco for counterfeiting.\u2014A new line of English freight steamers is going to be formed, running between Great Britain and New York.-\u2022One hundred shares of the Cincinnati & Louisville mail line of packets on the Ohio river were sold for $115 pu- share.\u2014Perry H.Smith, of Chicago, expresses himself in the New York Tribune to the effect that he thinks Tilden is the most available man for 1880.\u2014John M.Cook & Bro.are suing E.M.Jenkins for the sum of $27,500, alleged not to have been accounted for.They all belong to Ccok\u2019s tourist agency.\u2014Wm.H.Smallman, of San Erancisco, has commenced a suit against, Mackey, of Bonanza fame, for $200,000 for unlawful intimacy with the complainant\u2019s wife.\u2014Blaikie, the missing assistant custodian of the Fidelity Safe Deposit Co., in Chicago, has been found and confesses to having abstracted $1,000, which upon investigation proved correct.\u2014All the preliminaries for resumption of specie payments are highly satisfactory to Mr.Sherman, Secretary of the Treasury.There has been accumulated at New York 100 millions in gold.\u2014A motion was made in New York to-day to have the bail of $15,000, held over Otis, the burglar of the Beceiver General\u2019s Office in Toronto, reduced.The decision was reserved.\u2014The great bridge connecting the east and west side of Cleveland, which has been building for the last )four years, was formally opened to-day.Its length is 3,200 feet, and cost 2}- millions.\u2014A new international law is likely to be put in force for the better prevention of collisions on the high seas.Sir Edward Thorton has addressed a letter on the subjectto the United States Government.\u2014A young man by the name of Bunker, of Cincinnati, accidentally swallowed a piece of a hickory nut shell, and the Doctors had to cut into the side of his throat to prevent strangulation.\u2014President Hayes is in especially good spirits as the second year of his administration approaches.He admits that he has made mistakes, and believes that paper money will soon be at a premium over coin.\u2014Archbishop Purcell, of Cincinnati, has published a statement to the public : \u201c lie says that he cannot accuse himself of waste, and trusts that the clergy will help him to pay all his indebtedness, if the Pope does not release him from the duties of his office.\u201d GBEAT BRITAIN AND IRELAND.\u2014The City \u201c of Chester \u201d has arrived at Queenstown.\u2014Nothing became of the meeting between the coal owners and the deputation sent by the workmen at Sheffield today.FOREIGN.\u2014Hong Kong has had a conflagration.\u2014A war is imminent with the Zulu\u2019s in Africa.\u2014Floods have caused much damage in Jamaica.\u2014Ex-President Grant will arrive in Dub-lin on the Sru of January.\u2014A decree has been issued in Egypt, convening the Chamber of Deputies.\u2014Sir Wm.Haytei, Liberal, was drowned in a lake on his estate in Berkshire.\u2014Half of the winter residence of the Khedive of Egypt, has been destroyed by fire.\u2014A commission has been appointed in Greece relative to the Turco-Grecian frontier.\u2014A Chinese Envoy has arrived in St.Petersburg to adjust differences between Russia and China.\u2014The students\u2019 demonstrations have caused an unpleasantness between the Czar and the Czarwitch.\u2014-There seems to be another conspiracy afoot against the lives of the Emperor and Empress of Austria.\u2014 Germany and Italy have entered a complaint at London in regard to Sir Garnet Woseley and the Island of Cyprus.American contemporaries are liberal in their remuneration, and no doubt succeed in obtaining the services of many gentlemen of high moral and intellectual character.We do not suppose that as a rule, the conductors of these journals would publish intentionally, as the statements of men in high position, things that they did not say.But sensationalism has its value, and the interviewing reporter, who can extract the most telling admissions, or the most comical incongruities, is likely to be the most in demand.Now, what chance has an officer in any national service, or other man in a responsible position, who has an interview imputed to him, whether wholly fictitious or misrepresented as to his utterances by mistake or from a worse reason ?He is in the case of a person indicted for a crime which has left no corpus delicti, and which, according to the theory of the prosecution, took place only in the presence of the one witness and the supposed criminal.Unless his own testimony is to be received for the acquittal, he is wholly at the mer-cv of his accuser.Under these circumstances all reasonable persons will accept the statement of the interviewed; because no one has a right, without other mission than his own sweet will, to intrude upon another, and to fasten upon him an odious, ridiculous, or damaging statement.He who attempts such an offence against common equity in such a manner must do it suo periculo.If he desires to extract anything for publication, that must be done, either with the will or against the will of the patient.If with his will the in terviewer ought to make his protocol and get it initialed.If otherwise he is committing a social felony, which should deprive him of all credit for veracity._______________ BANK STOCKS.There is, of course, a great deal of truth in a letter on this subject by \u201c Yerax\u201d which appears in our paper of this day.Still it is not all the truth.No doubt the quotations on the market are a fair index to the value of stocks in the judgment of the best informed persons But that does not militate against the other opinion, that in times when there is a reason for good prices, the tide may be raised to an artificially high level and in adverse circumstances may be too much depressed\u2014in both cases\u2014by the speculative operations of persons who have no permanent and genuine inter est in the property thus tossed about To some extent it is, of course, true that speculators, in any description of values perform an important office, by coming in when sales aropressed, and there'hap pen to be no investing buyers, and so making a price, which other wise could not be secured ; but it is open to very grave doubt whether the specu lators should be brokers, who may have their private operations to effect, when they should be fulfilling orders for customers, in a manner which, if carried out, would thwart their own game.This question is doubtless a little aside from the one raised by \u201c Yerax,\u201d but man who wants, for any reason to get out of a stock in which he may be large holder, is hardly safe if he puts his business into the hands of a brokei^ who finds it necessary to perform the same movement at the same time, for personal profit, perhaps on a falling market.What is more to the present point is that bank stocks, except in Can.ada, are not used for the purposes of stock jobbing, which may be taken as an indication, that the nature of the property is elsewhere judged unsuitable as a basis for such transac tions.That is our opinion, because bear movements are always supported by depreciatory rumours.These can do no permanent harm where the dealings of a company are with material things ; but they may be of the greatest importance, not only to the temporary price of shares, but to the very existence of a bank, whose dealings are in credit.The stock jobbers are, however, only minding their own business, when they play the bull and bear game.It is a business which unfortunately has a tendency to degenerate into one of dishonest plotting against neighbours.Yet, when it is conducted without the intrusion of that element by honourable men, there is no reason why those who are concerned in it should suffer opprolrium.At the same time it is very doubtful whether theirs is a business which should receive the aid of bank advances \u201c Yerax\u2019s\u201d defence, of what is we suppose\u2019 his own trade is perfectly sound, and his reason for the decline in bank stocks is in the main just; but ihe question extends a good deal beyond the limits, within which he discusses it.ring, this is a most important matter.It is probable that it cannot be treated with complete success, nor, perhaps, with any success upon any theory that aims at perfection.But fair remuneration for the required capacity and experience, a careful selection of men, strict discipline, with avowed and permitted special rewards in special cases, might do much.Whether the money required should be found by the public or by individuals, is another matter.The great thing would be to repress robbery, and it is obvious that, in order to that repression the persons employed for the work should not, as a rule, have an interest that depend in any degree upon robberies taking place.If Alderman Grenier can do anything in the way of reform, he will deserve much at the hands of his fellow-citizens.\u2014We learn that instructions have been sent to the Government Engineer at once prepare plans for bringing he North Shore Railway to Bellerive, pending negotiations with the Corpo\"a-tion and Harbour Commissioners for the right of way to the Old Barrack property._________________ BANK STOCKS.times the amount of their stock to make good the deficiency in the bank deposits ! Could such a state of things hare existed in this country?Impossible.If the City of Glasgow Bank had been a Canadian instead of a Scotch Bank, the system of disguise and concealment, so successfully practised on the innocent and helpless shareholders, would have utterly broken down in presence of the trained corps of experts I have alluded to above.The true state of affairs would have been discovered long ago, and would have been made known°to the public by declining quotations on the Stock Exchange, and the result would have been\u2014either that the bank would have been compelled to change its management, while there was yet time to save it from collapse : or that it would have been forced into suspension, before the disaster had culminated to such enormous proportions.It is unnecessary to point the moralj but one remark may be made in conclusion.It is not by vehement invective directed against speculators and schemers that the banking system of this country is to be brought back to a sourd and healthy condition, but by other arts\u2014not so easy, perhaps, but more honest, and therefore more effective.In the meantime let shareholders and the public not be too much discouraged at finding that the system prevailing in this country is not exactly the same as that which prevails in Great Britain and in Sweden.Yebax.Amusements.;ZION CHURCH.ORGAN RECITALS Conducted by Dr.Maclagan, EVERT MONDAT NIGHT At 8.15 o\u2019clock.Tickets 15 cts.; Programmes at the door.December 28\t310 Hem Axturtisemeuts.HEW TEiR\u2019S GIFTS AT flcu) Adueutiscmcntg, A CUV ID DIAL Y OF MTJSIO.LAST APPEARANCE, THIS (SATURDAY) EVENING, Of the McDowell Company, In Byron\u2019s Laughable Burlesque The Field of the Cloth of Gold.LAST MATINEE at 2 o\u2019clock.TWENTY-FIVE PER CENT.DISCOUNT DUHWG THIS WEEK, Consisting of an Assortment of Ladies\u2019 \u2019Wi-itli)\u201d- Doslxs IN BEAL LEATHER.Ladies\u2019 Fiirses, IN GREAT VARIETY, USEFUL GOODS I FOB THE HOLIDAYS.4 Large CLEARING SALE at S.GOLTMAN'B TAILORINGS HOUSE 4S4 IN o r K M iD-A-ME STKEET,\t5 Of BOITS' and ITOUTHS\u2019 CLOTHING Comprising Twenty-Seven DIFFERENT STYLES.\t* BLACK DRESS SUITS, WORSTED SDITS^ SCHOOL SUITS, THE REPORTEti AND THE DUKE What the World reporter has to say about the Duke of Edinburgh\u2019s denial of the conversation, which it is asserted occurred at an alleged interview between H.R.H.and the newspaper man, we reprint from our New York contemporary.Without pretending to adjudicate between the veracity of the Prince and the reporter, we may be allowed in this case to suggest that if the story of the interview be true, it sinned against that canon on the subject of narratives, which is contained in the distich :\u2014 \u201c Lest they suspect your tale untrue, \u201c Keep prohahillty in view.\u201d If we remember rightly, it was Mungo Park who, when some one was congratulate g him, on having escaped the suspicion of falsehood that were cast so freely on his predecessor Bruce, said \u201c Yes ; but if I had told \u201c all that I really saw I should \u201c have been called a liar like \u201c him.\u201d Now it is the most improbable thing in the world that the Duke of Edinburgh would hold an almost traitor, ous conversation, with the first man who came on board bis ship, as a reporter fora foreign journal; and if a great many people will not believe he did hold such a conversation, the reporter\u2019s reputation will only suffer in the same degree as that of any other recounter of Munchausen-like wonders, which nobody has seen but himself.How ludicrously absurd the report appeared at the time of its publication, may be seen in the parody published in the New York Sun a day or two after, and which we re-produced.The incident illustrates only too well the gross injustice which this interviewing, real or preten- POLICE DETECTIVES, Alderman Grenier, as Chairman of the Police Committee, has brought to notice a very important subject.It is how to manage a detective force so as to attain to the repressien of robbery, rather than the discovery of it, for the advantage of such sufferers as get back their goods ; hut also for the profit of ihe officers who are instrumental in the restoration.We imagine that this has been a standing problem in the management of police, not only ever since the time of Jonathan Wild, but long before Fielding exhibited the iniquity of his epoch.V/hat the latter revealed was the almost inevitable distortion of the the true duties of a detective force, but pushed to its most atrocious results.We suppose that since the reform of the wickedness which he disclosed, nothing approaching to it in intensity has been general for any length of time, at all events in English speaking communities.But the pay of a public officer, even if it were vastly greater than it is, is nothing compared to the interests involved in large robberies, especially in such as have frequently occurred at American banks.Can it be expected then, human nature being what it is, that men will accept this small remuneration for services of such great pecuniary importance P What would a lawyer expect.Yet it is quite obvious while the emoluments of the detective, depend in any considerable degree upon his successful recovery of stolen property, that robbery must be the very basis of his livelihood.If he could suppress robbery, not his occupation, but the best rewards of it would be gone.This creates a delemma that has never been thoroughly disposed of.Again, it being known that most persons gladly reward an officer who has helped them to re cover valuable property, nothing is more probable than that jobs which promise to afford large remuneration will be worked up more zealously than those in which there is not much money.Yet upon the theory that the police force is a public one, bound to repress crime, not to farm it, there is manifest justice in Alderman Grenier\u2019s conclusion, that small theits, or thefts from poor people, should be inquired into as vigom-ously as larger raids made upon wealthy citizens.Considering what an outbreak of crime is just now occur- To the Bailor of tlie Montreal Hekald, Sir,\u2014It seems to be assumed in some quarters that the depreciation in bank stocks, which we have seen going on for some time back, has been brought about by the machinations of brokers and speculators, and other evil»disposed persons of that class.That this is an entire fallicy can, 1 think, be shown in a very few words.The value of bank shares depends on the kind of business the banks are doing.If that business be profitable, the shares will rise ; if improfitable, they will fall.The truth is, the depreciation in bant stocks is owii g to the same general causes which, during the last two or tfiree years, have produced a depreciation in all kinds of property.The trade and commerce of the country has been carried on at a loss, and the banks, which depend on the trading class for their profits, suffer accordingly.The decline in the quotations on the Stock Exchange merely marks the progressive decline in the value of shares, according to the estimate of value made by those most competent to judge.To blame the brokers for this state of things would be like blaming the barometer for being the cause of bad weather when the mercury falls.The brokers in reality discharge a very useful function in the community.They form a trained body of experts, whose special business it is from day to day to watch the movements of the financial world, to inquire into the management of banks and joint stock companies, and to arrive at conclusions on the information thus obtained, in advance of the general public.Every fact of any importance affecting the value of any stock quoted at the Stock Exchange is eure, sooner or later, to become known to them.But they do not make facts, nor alter vhem, they simply find them out and act upon them.This is unpleasant perhaps for bank managers and bank presidents, who would rather \u201c run\u201d their institutions free from the impertinence of outside criticism.But it is greatly to the advantage of the public, who are thus put on their guard against buying a stock at 30 or 40, or 50 per cent above its actual value.The Monetary Times in a recent issue contains an article on this subject, evidently written from the bank managers point of view.The writer refers with approval to the system prevailing in Sweden, where shareholders of banks can only withdraw with the consent of all the other shareholders, and only at the end of 10 years from the time the charter was granted.\u201cThis system, \u201cwe are told, works remarkably well, \u201c and it is at once evident that bank \u201c property under such a law as this will \u201c bo of a very stable character.\u201d A curious commentary on this is afforded by the last news from Stockholm, where it is said some heavy failures have taken place, and where the firms that have failed \u201c are believed to have been kept \u201c going by the banks long after they \u201cshould have gone into liquidation.\u201d This is very similar to the process that has been going on for some time in Glasgow and elsewhere.\u201cIt is feared \u201c that the bank managers there (in \u201c Sweden) have been no wiser than in \u201c other parts of Europe, and hold too \u201c many securities and too small propor-\u201c tion of capital.\" This remark might apply perhaps to some banks nearer home.Of course, there being no such thing as speculation in bank stocks in Sweden, we are unable to ascertain the effect on the value of the shares, of the state of things thus significantly described as that of having too many securities and too small a proportion of capital.Probably, however, the Swedish shareholder has begun to find out that the \u201c stable\u201d system has its inconveniences, and would like to be able to sell his stock without consulting anybody but his broker.But the law, framed to meet the views of the bank managers and officials, forbids this, and condemns him to serve out his term like a prisoner in the penitentiary.\u201cAt the other end of the scale from \u201c the solid, stable and what might ba \u201c called slow system prevailing in Sweden \u201c is that with which we are familiar in \u201c Canada.\u201d Here, it seems, speculation in hank stocks is allowed to run riot, although even in New York it is unknown, and in London it has been put under a legal ban ; \u201c and for what \u201creason?Why, that the interests \u201c bound up in banking institutions are \u201ctoo important to be trifled with by \u201c speculators ; that the depositors of a \u201c bank, the shareholders of a bank, and \u201c the many numerous customers of \u201c bank, ought not to have their interests \u201cimperilled by men who have no in-\u201c terest in the concern, is evident on the \u201c face of it.\u201d Does this wi iter mean to say that the \u201c interests\u201d represented by several bank-ing institutions in this country, whose stocks are quoted a good way below par, have been \u201c imperilled\u201d by the operations of \u201c schemers and speculators ?\u2019t Does he mean to assert as a fact that \u201c irresponsible operators and .specu-\u201c lators\u201d have had it m their power \u201c by mere scheming and manipulation \u201c to raise and depress the shares of \u201c banking corporations\u201d at their plea sure ?Such an absurd pretension could not be maintained for a moment in presence of any one who knows the facts.It is true the \u201c interests\u201d referred to have been \u201c imperilled,\u201d but not by thej irresponsible schemers and speculators outside.It is the losses made by the gentlemen inside that have created the peril, and the decline in the value of shares has been simply consequent on those losses.If this decline had been merely artificial, or in other words, had been produced, as is pretended, by mere scheming and manipulation without sufficient cause, the truth would have quickly become known and the shares thus offered below their real value would have been rapidly bought up by other schemers and speculators who would have willingly seized the opportunity of making a handsome profit at the expense of their foiled and defeated brethren.But what are the facts P We find that a decline has taken place\u2014not in the shares of one bank, but of many banks\u2014and not spasmodically, but steadily and continuously for many months past.Gould such a general and serious decline be produced by mere manipulation ?Theidei on the face of it :s preposterous.The decline has been general, because it is due to general causes, and it has been heavy and continuous, because the causes are serious and of long continuance.But what have been the effects of the system prevailing in Great Britain which is so much admired by the writer in the Monetary Times P There, he tells us, speculation\u2014that is, free and unrestricted dealing in bank sha'-es\u2014is not allowed.And what bas been the result ?Why, we have lately seen a bank holding its head high among the financial institutions of the country\u2014its stock quoted at over 200\u2014when suddenly, without a ir.oment\u2019s warning, it announces that its doors are closed ! Such an abrupt and stupendous collapse was never uefore seen.No interval of time elapsed b, tween the quotation of the stock at a high premium and the quotation of nothing, and the unfortunate shareholders fii.d themselves called on to pay a sum equal to five INFORMATION WANTED.Tmesday, Dec.31st, WARDE & BARRYMORE\u2019S COMBINATION, In Saedou\u2019s great Masterpiece, entitled With splendid NEW YORK COMPANY in the Cast.Popular Prices.Plans at DeZouche\u2019s.Flioto -A-Itoums, ALL SIZES.Travelliag Stationery' Cases, 4LL SIZES Ink Stands.To tne Bdltor o£ the Montreal Herald.Sir\u2014Can you please tell me, through your paper, how it is that board in Montreal keeps so high, now that provisions are so very cheap, at least one hundred per cent, lower than a year or two ago ; and servants are got from three to four dollars a month less than formerly ?Is is not a poor rule that won\u2019t work both ways, when employment and previsions are cheap, ought not the price for board come down in proportion ?Yours, A Boader.[We must trust to some boardinghouse keeper, defending the above charge.\u201c A Boarder,\u201d we presume, means 50 per cent, and not 100.Most housekeepers will be glad to know that servants\u2019 wages are so much lower, a great many of our readers are not aware of the reduction.\u2014Ed.M.H ] December 28 310 TOUGH ON WILLIAM.Grip is prepared to read almost anything about his friend the Hon.Willie Macdougall in the Grit papers, but he confesses to his astonishment at finding the following words of truth and soberness in the editorial colum of the Conservative Free Press of London.\u201c It is a pity that Mr.Macdougall will not consent'to go where he is so much needed, and where he could effect so much through the moral courage so deficient in the Grit ranks.But surely he will not stay long in Ottawa, where he has been so shabbily treated by Sir John and all the rest of the Conservative magnates.He has not only met with the cold shoulder, he has been absolutely ignored in official circles.Cold comfort this for Wandering Willie, and poor return for such services as he rendered to the patriotic cause during the late campaign.But then it is just like Sir John.He is always alienating his friends, embittering his foes, and snubbing those who have served him and the conntrv at the very moment when service tells.\u201d MEOILA-ISIOS\u2019 HALL.SIX NIGHTS.New Year & Saturday Matinees Commencing Monday, Dec, 30tli-THE, GREAT AND ONLY Prof.Macallister, (MONARCH OF WIZARDS.) In Ms EASTERN ILLUSIONS.100 PRESENTS GIVEN AWAY NIGHTLY ! Admission, with present of 1 Envelope, 25c.Reserved Seats \u201c\t2\t\u201c\t50c.Reserved Seats on side at Prince\u2019s Music Store.Doors open at 7 ; Performance commences at 8 o\u2019clock.December 28\tr 310 JAMES SUTHERLAND Wholesale and Eetail BTiLTIOHSH, 256 and 258 St.James Street, SIGN OF IVOTJE December 27 THE 1>Y I\u2019E.ly 309 Hew Jtdueutisemetits.A The Haihoui Commissioiieis OF MONTREAL INVITE TENDERS for the Supply of TIMBER, DEALS, &c., required for 1879, according to Specifications to be had at the Offiie of Mr.John Kennedy, Chief Engineer, on and after the 31st Instant.Sealed Tenders, endorsed \u201c Tenders for Timber and Deals,\u201d addressed to the urn dersigned, will be received until Wednesday, Mth January lexi, At 12 o\u2019clock noon.The Commissioners do not bind themselves to accept the lowest or any Tender.H.D.WHITNEY, Assistant Secretary.Harbour Commissioners\u2019 Office, Ï Montreal, 27th December, 18 8.\t) 310 Sale of Fine Sleighs.\u2014On Saturday (this) morning, Mr.H.J.Shaw will sell at his store, Craig street, on account of M.O\u2019Donovan, of Whitby, a number of fine new steel-mounted double and single seated sleighs ; very handsome and extra good work.Sale at 9.30 o\u2019clock.Hiew ^ lîHFUttsjemjcîXts.nca Incorporated by Koyal Charter.THE COURT OF DIRECTORS hereby give notice that a half-yealy dividend at ihe rate of FIVE PER GENT.PER AN-NU M on the Capital of the Bank will be payable on the 4th day of January, 1879, to the Proprietors of Shares registered in the Colonies.The Dividend will be payable at the rate of Exchange current on the 4th day of Jan uary, 1879, to be fixed by the Managers.No transfers can be made between the 21st inst.and the 4th proximo, as the books must be closed during that period.By order of the Court, E.W.BRADFORD, Secretary, No.3 Clements, Lane,\t) Lombard Street London, E.C.> December 3, 1870.\tJ\tu\t310 HOMIINIOIV CMERCIÂL TRAVELLERS\u2019 ASSOCIATION.The Annual General Meeting of this Association, to receive Report and Balance Sheet for past year, the Election of Officers and the transaction of other business, will ba held in the ALEXANDRA ROOMS, St.Catherine Street (opposite English Cathedral), on Saturday Evening, 28th Instant, At EIGHT o\u2019clock punctually.The ANNUAL DINNER will take place On Monday Evening.SOthXnst., AT THE WIIVDSOK HOTEL.Tickets, $2 each \u2014To be obtained from the Committee, iV.r.Waugb (at Silverman, Boulter & Co.), and Mr.Rogers (at H.Sugden Evans & Co.), or the Secretary.R.C.SIMPSON, P.O.Box 534.\tSec.-Treae.December 21\t- sfcr 28D 304 SUN MUTUAL LIFE MSUHCE C9NIPT OF MONTREAL Dividend Notice.A Semi-Annual Dividend of FOUR (4) PER CENT, on the Paid up Capital of thi Company, will be payable at its Offices, No.164 ST.JAMES ST BEET, on and after- Thursday, 2nd January Hext.E.MACAULAY, Secretary, December 26th 1878\t2J 309 CANADIAN District Telegraph Companj LïMITJEÜ.The Annual General Meeting of this Company will beheld at tueir Head Office, on Wednesday, the 8th day of January At TWELVE o\u2019clock noon.JNO.MURRAY, Secretary, December 28\t8J 310 ESTATE imi LYNliN & CO., 226 and 228 St- Janies Street- SPECIAL NOTICE.Attention is called to the Sale NOW GOING ON, and to tbe fact that the Store will only be open for THREE DAYS MORE, AS ALREADY ADVERTISED.There are many valuable and useful Articles still on hand to be disposed of.COURT & MACINTOSH, Assignees, December 28\tm 810 LAÎTD O' CJLKBS.391 IVotre X>a,me Street.ESTABLISHED 1842.Ladies\u2019 Kid Gloves, 38c, 45c.50c, 65c.First quality Kid Gloves, 75c, $1, $1-25, $1.50.4-button Kid Gloves, 75c, 51.10.Good assortment Ladies\u2019 lined Kid.Useful Goods.Lidies\u2019 Silk Handkerchiefs, 18e to SI.Gents\u2019 Silk Handkerchiefs, 29c to $2.Gents\u2019 Silk Scarfs, from 2ic to $1.Useful Goods.Ladies\u2019 Corsets, 53c, 65c, 75c, 85c, 95c to ,$4.50.Ladies\u2019 and Children\u2019s Knitted Under vests.Men\u2019s Wool Socks, from 18c to 85c.Useful Goods.Men\u2019s Lined Kid Gloves, from 75c to $2.Children\u2019s Lined Kid Gloves, 80c to $1.50.Men\u2019s Underwear, from 83c to $4.90.Children\u2019s Underwear, all sizes and prices.Japauese Mats.A most economical article for saving carpets.Japanese Mats for 50c, worth $1.50.Japit ese Mats for $1, worth 52.50.Hpleudid Carpets.THE NEW PATENT CARPET.We sell the new Patent Carpet, all of the newest designs, full yard wide, for 39c only.Clouds, Clouds.See that you get a good, warm Cloud.S.CARSLEY\u2019S Is the place for getting the Dest and cheapest Clouds.Wool Neck Squares.Ladies\u2019 fashionable wool Neck Squares, in all the new colors and stitches.Ladies\u2019 Cardig-au Jafek- WORSTED SUITS,\toulj ULSTERS and OVERCOATS, PEA-JACKETS, SCHOOL PAMmo All the above are made of the Best Material and Workmanshiu Will tKs \"I3 I Geeat Seduction of Price.\tf\toe soldat GENTS\u2019 OVERCOATS, Of Superior Make, and will bear Inspection.DRESSING GOWNS, LARGE STOCK to select from Custom.Department Complete.L O K O JN 1*1 MONTH ONLY\u2019 s.GLOLTM-A.:^, STRELT.434 December 13 fcSole Akg-ent in the Dominion \u2014FOB THE\u2014 CITÏ OF GLASGOW Ml BELIEF FUND.SHORT BRE AD, SCOTCH BUN, SEED CA.KES, all kirMs Confectionery of the Best and Pdbest quality.Fancy Boxes and Carnocopias in variety.A share of public patronage is respectfully solicited.CHAS.ALEXANDER, Wholesale and Retail Confectioner, December 23\ta 305 NEW MARMALADE I BLeiller\u2019s and Moir\u2019s.TUNISDATESONSTALK White Wheat Whiskey ! Constant supplies of this famous Whiskey.Walker\u2019s V \u20180- and Old Eye.Sparhling' Haumnr I (QUARTS AND PINTS.) This Wine is becoming very popular, both for its Quality and Cheapness.SPARKLING MOSELLE! tPAREJLING BURGUNDY! And all the leading brands in CHAMPAGNE, CLARET, S iUTERNE, HOCKS, PORTS, SHERRIES, BRANDIES, GIN, IRISH AND SCOTCH WHISKIES.Imperial Measure.We sell exclusively by IMPERIAL MEASURE, which is Six bottles to the gallon, instead of Five bottles as is commonly used.It is to ba hoped the approaching Session of Parliament will pass an Act making one standard compulsory.The absurdity of having two classes .of measure is so apparent that the wonder is it has been tolerated so long, The public have a right to be protected from further imposition.et».A large and \u2018splendid Stock of Ladies\u2019 Cardigan Jackets to select from at S.Car-sley\u2019s.At S.Carsley\u2019s, Ladies are sure to find the right kind, the right size and the right color ; Cardigan Jackets at very low prices.Blauket» ! Blankets ! S.Carsley\u2019s is the best place for Blankets.Goto S.Carsley\u2019s for cheap double-bed Blankets.Go to 8.Carsley\u2019s for cheap single-bed Blankets.Go to S.Carsley\u2019s for cheap crib Blankets.Quilted Comforters.S.Carsley\u2019s is the place for cheap Quilted Comforters.Quilted Comforters from $1 up, at a c a.HSLEir, 395 NOTRE DAME STREET December 2^\t310 BLANK BOOKS Wauted for Use at Be-g-iiiiiing- of NEXT YEAR SHOULD BE ORDERED AT ONCE.CELEBRATED HOUSE OF MESSRS.JOHN FORD & CO, BOLYEOOB MASS W08KS, EDINBURGH, SCOTLAND, formerly represented here by the LATE JOSEPH WALKER.Orders will be taken on the same terms as executed by tbe late Agent of this firm September 7\tiy 2X5 LECKIE, MATTHEWS & GO.OFFER FOR SALE FROM BONDED WAREHOUSE OR DUTY PAID : Jas.HENNESSY & CO.,\tCognac,\tBEANDIES.BOLL & DUNLOP\u2019S,\tBott-ardam,\tHOLLAND GIN.JOHN RAMSAY,\tIslay,\tSCOTCH WHISKEY MITCHELL & CO.,-\tBelfast,\tIRISH W.& J.GRAHAM & CO.,\tOporto,\tPOET WINES.PETER DOMECQ,\tXerez,\t^\tSHEEBIE3.AYALA & CO.,\tChateau D\u2019ay,\tCHAMPAGNES, E.THOREAU & FILS,\tSamur,\tft BASS & CO.,\tBurton-on-Trent,\tEXPOBT ALES.BEAD BBOS.\tLondon,\tBASS ALE.ft\t