The south-western. [volume] (Shreveport, La.) 1852-1870, 1855-01-17
BY TELEGRAPH.
I, 70 THE SOUTH WESTERN.

BY TELEGRAPH.
70 THE SOUTHWESTERN.
! NEw YoRK. JAN. 1.-THE Collins steam
ship Baltic, which left Liverpool On Dec. ootn'
!. has arrived. Cotton firm, quoted fair Orleans
sad: fair uplands SD; middling 44d. a
large loan has been obtained by the Brush
government for war purposes.
/ News from the seat of war presents no IN
terest. The event of the week is Napoleon, s
! speech to the French chamber. 1t is warlIke
| in tone-makes no mention Of peace. they
unanimously voted a government loan Of i've
i hundred millions francs An important meet
inc Of representatives for FIVE hours had been
Iheld at Vienna. Result not TRANSFERRED. At
fairs before Sebastopol unchanged. The allies
had received reinforcement Of $4,000 men.
Weather reported favorable for the siege
Nothing new as regards the attitude Of Au-
stria.
| The British foreign enlistment bill received
the assent Of both houses and has become
law.
The Spanish chambers are discussing the sale
Of Cuba to the United States. Mr.. Soule was
present during the debates. The Spanish gov
eminent declined the proposition submitted by
Mr.. S. for it TO join the .. S. in recognition Of
the principle that neutral flags protects all
goods.
New ORLEANS, JAN. 14-But little doing in
cotton-low middling. 74@74; middng,788@
81; good middling, 9 94; middllng fair, $40
90; fair, Zoe. Glib. Sugar fair to fully fair,
3J@3a cts. Moasses, prime, 16@17 cts.
gall Flour, ST. Louis, So 90. Corn, white,
| s. cts. % bush Whisky, raw, 32cts. Mess
pork, sis so. Bacon, shoulders, SC. % h.
| ,,J ,or;,,,o OH HoHao Q3n 10 ff
/ --11or1~o-o~~~-~1
MONETARY Picayune, Of the 9Th inst
says, the heavy payments in bank to day,
amounting to not far from two millions OF dol
lars, and all of which were faithfully met, have
brought us to another important station in the
moneyed operations of the season. Since the
goth of last month fully ten millions Of direct
liabilities have been met by our merchants. and
it is not going too far to say that upwards OF
one half of this burden has been sustained by
the intrinsic strength Of the community. At
the most critical period of the year we were cut
off from all our reliances, but thanks to the in
nate solvency of our traders, and above all to
the blessings Of a sound currency, under which
it was impossible to stray from the ordinary
path Of prudence, we have surmounted a series
of difficulties, to which almost any other COM
deed been tried in the ordeal, and not found
wanting.
It would be idle to say, Of course, that this
pressure has not been overcome without some
sacrifices, and it would be equally futile to an
nounce that these large sums have been paid
without renewals and procrastination Of some
kind or other But it is also undeniab1y true,
that however extensive the engagements that
must be liquidated hereafter, parties will be
generally in better position to face the conse-
quences. Nearly two thirds of the cotton crop
has yet to be received At this point, and proba-
bly, three-fourths to seyeneghths Of all the
western produce that finds its way to this mar
ket has vet to come forward. So that, we re-
peat again, whatever our merchants may have
to stand up to afterthis, in the way Of payments,
it will be with value III hand, an easy matter,
comparatively to maintain their previous repu-
tation for puncuaity and good faith
For some time past, and more especially as
each day added to the disappointment Of open
ing free intercourse with the interior, we have
looked upon the first week of January as a
trying period in our financial arrangements.
The time has now passed over, and we think we
may now safely congratulate the trade on hay
ing escaped all prominent danger and distress.
We will not disguise that we yet look for a
brief though very severe pinch, but with no mis-
givings whatsoever as to the ability of all par
ties to surmount it.
The day itself has passed over very quietly.
Contrary to expectation there was no unusual
demand for money, inasmuch as everybody had
made the requisite preparations. In some quar-
tiers capital was seeking investment, but as a
general rule the disposition appeared to be to
hold off until next week. A negotiation of
$4,000 prime long paper was made at 10, and
another of about $50, 600 was affected at 12
OF short paper there was not much offered and
we only heard of few calls at 18 % ct. Some
money was loaned on collateral at / s q IS. AL
together the day closed comfortably, and with
the conviction that we were getting into a
smoother latitude.
DESPERATE AFFRAY-We learn that des-
perate affray occurred at Sugar Hill, in Pamela
county, on Sunday evening. the 24th Dec, in
which three persons were killed, and fourth
was desperately, if not MORALLY wounded. The
particulars Of the affair, as detailed to us, are
about as follows:
It appears that six or eight persons had
met at a public house, in which a store and
grocery were kept, and had got to drinking. A
difficulty sprung up between a man named Grain
and John Glass. Glass drew his pistol, six
shooter, on the former, in the house. The per-
sons present interposed, and Glass went out Of
the house. In a few minutes afterwards, Grain
appeared at the door, with a pistol in each hand.
At this juncture Of affairs, an old man sixty
years Of age, by the name Of Weary, interfered
and called upon the parties to desst. Glass
Immediately shot him dead, and as he fell, his
son, young Yeary, rushed up and stopped over
him. While he was in this position, Simeon
Glass, brother of John, stabbed him in the
back with knife. Young Weary then rose
and perhaps unaware that he was wounded
rushed upon the murderer of his father A
scuffle ensued for the pistolin the hands Of John
Glass, which continued until five barrels were
discharged, andh had drawn another and fred
two shots, none of which took effect. While
this was going on, Simeon Glass, who had
stabbed young Weary and had been interfered
with BY the crowd, cut at Nj. Haywood with
his knife. Haywood called to one of his ne