The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1866-03-29
New York March Oh

The following extracts from a letter adj
dressed to an assessor of Internal Revenue
by the Deputy Commissioner, are interest
in gto assessors and railroad companies.
Section IL inposes a tax of s per cent. on
all dividends and profits of such compa-
MES, carried to the account of any fund or
used for construction. AS it was found to
be improbable for railroad companies, to
state their net gains as often as Il dividend
was declared, this Office has not insisted
upon its being done, but required such
statement to be made one a year. One re-
turn during the year on form IS, should
show the net gains and profits over divi-
dends declared for the entire year, and the
tax should be paid III such profits. 1t will
be observed that the amount of profits used
for construction is subject to the tax Of i
per cent. the same as if it were added to
surplus or contingent fund.
New York, March "a.
A dispatch states that the Waysand
Means Committee has determined to keep
the amount of exemption from income tax
at 800 dollars, with the addition of SO dol
lars for each child, unto fifteen.
New York, March "a.
Washington specials states that it is as
serted that if Congress should
favor the Mexican bonds, the agent
Of Maximilian will demand similar guar
antee for the same amount for the imperial
loan.
Madame Juarez, wife Of President Jul
arez, of the Mexican Republic has arrived
here and is the guest of Senior Romeo.
New York, March "a.
The Tribnne's special states hat Lieut..
Gen. Grant is shortly to sail for Europe
Capt. Ammen, an old school master Of the
General, and now Of the iron clad, Mon
tana, is to be transferred to the Man-of-
War that conveys the military chieftain
across the ocean.
New York, March "a.
The Worlds special says a gentleman in
Washington has sued Major Gen. Terry,
commanding in Richmond, for tresspass
and injury committed against him and
family while sojourning last summer on
the Eastern shore Of Va.
President Johnsons has refused to &C
cept the resignation of f.. S. Cleveland,
Postmaster at Hartford ct.
1t is believed that the person in confine-
ment here IN suspicion of his being the no.
~torious Quantrell, will shortly be released
from custody, the evidence taken having
failed to establish his identity.
The Herald's special says that IN pur-
suance Of general instructions from head
quarters of the army, officers in command
of military departments are establishing
guarantees at the differentsouthern ports.
Suitable vessels for quarantine guard
ships are stationed along the coast, and
health officers have been appointed to in
spect all vessel subject to the provisions Of
the order.
New York, March q.
The Times Washington Special says the
Committee on banks and currency have
unanimously agreed to reportthe joint res
olution directing the withdrawal of the is
sue of the five cent fractional currency,
upon which appears The head of a private
individual, and an amendment thereto
providing that hereafter no head or device
of any kind shall be put on the currency
except by the express designation of the
Secretary of the Treasury.
e New York, March q.
The Tribune's Washington special says
the boards for examination of candidates
for admission in the Medical Corps of the
Navy are still in session at Navy hospitals
in New York, and the naval asylum at
Philadelphia, and will continue until all
vacancies are filled.
The Senat military committee yester-
day passed upon II large number of brevet
West Point cadets to the regular army.
which shall be acted upon at the next ex-
ecutive session of the Senate.
The sum Of S58, 10000 in fractional cur
rency was yesterday delivered by the
printing division Of the treasury depart
ment.
Cincinnati, March 81.
Ohio Senate yesterday passed a bill au-
thorizing the city of Cincinnati to issue
bonds to the amount of two and a half mil
lions, for the purchase of gas works.
The Enquirer Company have purchased
all the property on Vine street, between
the gas office and Mozart Garden, upon
which they will erect a magnificent Opera
House with Printing office i'll the rear.
... Especial from Eddyville.)
The residence of ID. v. Touzalin, at Ed
dyville, was partially destroyed by fire on
the night nf the 23d inst. Carpets and fur
niture burned. Loss about $500, insured
for 81 600.
Chicago Markets
af Chicago, March q.
Slight appreciation of gold cause rather
more firmness.
Mess Pork s25 l5a25 s7a; Lard IS; Hogs