Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1865-08-30
Summary ofNewS.


-Brigadier General Croker died
in Washington on Saturday.
The exports of specie from New
YOrk on Saturday were 100000.
The first bale Of new cotton ar.
rived at New York from New Orleans
ON Saturday.
1t is reported ut Washington that
the President will probably order the
release of Alexander H. Stephens.
Elk Governor Brown, of Georgia.
IS in Washington, or business con-
nected with that State.
1t is reported in Washington that
Gen. Lee will avail himself of the pro-
visions of the recent order to leave
the country. This report needs con,
iirmatiOn.
The Commissioner Of Internal
Revenue decided Saturday that the
amount of personal property subject
to tax under section l24 is determined
by the clear value Of such personal
property. That is the amount remain.
ing after the payment of debts and
expenses Of administration. When
such value does not exceed $1,000, nc
tax should be assessed thereon.
- Richmond correspondent saysit
is asserted there that fourteen Pay
masters are concerned with Binney in
the alleged frauds there. 1t is also
believed that q large number of North.
ern Paymasters are involved in the
same charges.
1t is said that should the Writ
trial not progress faster than it has
the last week several months will be
consumed in bringing the proceeding:
to a close, as only half a dozen out Of
more than one hundred and fifty wit.
nesses have been examined.
Tho War Department issued an
order on Saturday honorahly muster.
ing out of service n number of Gen
eral officers, their service being nc
longer needed. There is but little
difference between this order and the
n without authority published in
several of the morning papers. The
difference is General Bragg, who is
serving on the Writ Commission, and
General Sprague, neither Of whom is
mustered out Gen. z 3. Tyler is
among those who are.
told in New York 1T the close OF
the week was irmer. There is a
scarcity of cash gold, and a slight
speculation in favor of higher quota
tions. The export of three quarters
of 4 million ofgoId has given strength
to the market. The movement, how.
ever, is of an exceptional character,
the shipment being chiefly Of bar gold,
which, being half Il per cent cheaper
than coin, has been bought by ex-
change dealers To cover bills.
Edward b. Ketchum was arrest
cd on Friday afternoon at a house in
West Twentieth street He had not
been out OF the city. He had an in
terview with many of the friends and
victims, and. with his father: with the
latter a reconciliation was effected.
Tie was also visited by his wife AT the
station-hOuse. He has been ahOut the
city frequently during the last for
night, but has avoided his former
friends. lie had about $4,000 when
arrested. As yet no complaint has
beon made against Kctchum The
creditors of Ketchum, Son x Co, will!
meet in New York next Monday to
hear q statement OF the financial al
fairs of hat firm. The assets are like
ly to reach 90 cents on the dollar.
There are rumors that the Sccreta-
ry of the Treasury cOntemplates offer
ing TO convert apOrtion Ofthcintercsts
bearing Treasury Notes into gold
bonds. Rumor puts the amount at
$50, 100000.
The New York papers contain
the diary of Mr.. Russell, correspon.
dent of the London Times, who was
with the cable expedition. 1t gives 4
complete and detailed account of the
laying of the cable; Of the recover
at different times OF its lost Insulation
of its final parting on the ri inst.
and of the subsequent graphing for
it, down to and incIuding the 9th inst. ,
The water where the cable was lost
is two and three-foGrth miles deep;
but Notwithstanding this the bro ker
end was on One occasion brought
within l,20O yards Of the surface,
and would have been again restore d
to the deck OF the Great East
ern had lot It's great weight been too
much or the strength Of the graphing
rope.