The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-07-06


Of Importance she reports that ten thousand bales Of
bav estimated To be worth two hundred aud atty thou
sand dollars and belonging the government, dcs
troyed by the burning OF the Mississippi warehouse In
New Orleans saturday, 25th ut
The eigtty-eghth anniversary OF Independence Day
was celebrated Monday very generally by all classes
or our czens The weather dne, aud the display or
flags really beautiful. 10 the forenoon the usual military
parade place. whle later In the day. the Sachems or
Old Tammany held their annual reunion, and 10 the
evening brilliant exhibitions OF fireworks were witnessed
at various points by immense crowds OF spectators
About the usual number OF casualties the result OF the
ncautous OF firearms were reported but we refrain
from nctng upon our readers detailed accounts o. tue
incidents and accidents OF the day.
The Fourth In the city was marked this year by seVo
raj serious CONGREGATIONS The most extensive occurred
ia Wooster street, extending through to Greene street,
destroying buildings the Scotch Presbyterian church In
Greene street and personal property, making total
OF $3.50 o0o The FIRE, seems, originated or was
nrs seen the five story brick building No. 20 Wooster
street, occupied by Nodig Decker manufacturers OF
cabinet furniture The are extended from this puiiong'
causing the estimated loss above stated. This IRE,
like OF the others occurring on that day. Is at
rbuted to the very careless aud dangerous manner OF
throwing fireworks The roof Of St. Clements church, in
Amity street also destroyed by fire, caused by fire.
works. The loss to about IS o0o two story
brick building, Of Hammond and West streets,
containing bale hay and straw also destroyed, with
the contents Two valuable horses were burned to
death, involving total loss OF upwards of 50 00o
The examination into the charge Of alleged frauds
against Isaac Henderson late Navy Agent at this port
was commenced yesterday before Mr.. Commissioner
Osborne Considerable testimony was taken, and the
case adjourned till this morning at ten O'Clock.
The Sixty ninth regiment National Guard Colonel
James Bagey commanding, VIII assemble at the armory,
Essex market, this morning, and proceed TO Fort kcn
mond, Staten Island for garrison duty.
Tho total loss by the FIRE Louisville, Ky, the LIST
inst amounted to 81 500 the insurance on which was
only sl50,50o The government loss amounted TO
$500 600
The entire loss by the late fire at the United States
Armory Springfield It s ssid, will not exceed $50 600.
large dis'iery was burned at Warsaw, ILL., on the
2sth ult. Loss sl25 900.
The morning train on the Nashville and Northwestern
Railroad that left Nashville the Esd ut, thrown
from the track two miles below Waverley, Tenn, by
the brakes becoming detached and falling upon it Four
cars were overturned, killing and woundpg number of
persons mostly soldiers.
dreadful accldent-but happily unattended with
direct loss o. fcoccurrod the Nashville and chaI'a
nooga Railroad on the soh ult Three trains left Cha;ta
poosa at near'y the tme--the drst being long
one number OF the cars containing wounded soldiers
who were beng couveyed Nashville. While descend.
ing very steep grade Cowan, Teun the engineer
lost control the second train, which dashed madly
into the first one hurting tho locomotives and cars OF
10th trains down the mountain. Nearly all the passen.
gers, among whom three ladies, were wounded
but strange TO say not person killed outright
According to the City Inspectors report. there wore
57I deaths the city during the week ending the 4th
OF Juy-an increase Of 1914 as compared with the NOR
tally Of the week previous and 81 more than occurred
during the corresponding week last year.
Money matters begin to assume a more quiet and set
tied tonc which may be attrbated IN great measure 10
the appointment Of Fessenden TO the Treasury
Department. Stocks not active yesterday but bet
Ter prices were obtaoed. Government securities have
resained thor frmness and to two per cent
higher than on Saturday. The money market does not
yet with the freedom which is necessary to insure
activity business circles but indications point to
favorable change.
There not much alteration In commercial affairs
yesterday compared with Saturday. The amount Of
business done very moderate though the gold huc
tuations important The new tariff WIS not sum
GENTLY well understood TO admit OF large ttansac
tions In imported merchandise; but there was
very little disposition to do business even II
II bad been. Nearly all kinds OF merchandise
were nominal. Gotten quiet. Petroleum quiet
ard nominal On Change the -four market was dull and
irregular parcels the spot but rmer for future
delivery whea, opened dull but closed &c. SC. higher
Corn was 1c &C. lower oats dull. Pork quiet
aud without decided change Peef quiet but firm, and
lard duh and dropping Whskey shade tmer, and
groceries without material change.
The market for beef cattle more lively this week,
and prices fully 1c. higher, owing to large falling
of In the receips Prices varied from lie to $780, but
the bulk OF the offerings sold from lac to lie. Mich
COWS steady. yeals dull and somewhat lower.
Sheep and lambs also somewhat lower Hogs were
higher but not active saee at lie. Ike. Tho total
receipts wcre-s 545 beeves ITO cows 555 veas ID $50
sheep and lambs, and IA, 27s hogs
The Adjournment or ConRress-The FL.
nanoiaI Situation.
The first session Of the Thirty-eghth Congress
is at an end. 1t was a long session of seven
months, extending from the Arst Monday in
December last to the Fourth Of July. Much
time was wasted during this session in expert
mental resolutions aud buncombe debates on
the war question, the peace question and the
everlasting negro question. On the vital issues
that were before the two houses, involving the
ways and means for carrying on the war, for
upho!ding the national credit, the national cur.
rency and the public confidence 10 the capacity
Of the goversment to weather this severe and
searching financial ordeal we have had very
few manifestations OF craftsmanship and some
foolish baphazard expedents Of relief
Prominent among these miserable expedi-
ents was the so-called Gold bill, the disastrous
effects OF which, however, speedily enforced
its repeal. In other respects the republi-
can leaders In Congress dabbled too long
in the quack remedies Of Mr. Chase.
1t was only at the eleventh hour, and
when threatened with q ruinous financial
catastrophe, that our Washington lawmakers
realized the urgent necessity Of something more
substantial than new issue Of greenbacks In a