Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-05-26
bile life In Washington, durinp the admin.

She adopted two of her grand children, q
| boy and girl, and with competence
| amounting to at least hundred thousand
dollars was living very happily. At length
an Italian adventurer named BOurgapina
was employed as dancing master for the
children, and they took such a liking to
him that they prevailed on their grand
mother TO allow him to be introduced to
their home. The result was that he married
Mrs. Eaton, and succeeded eventually in
getting possession of all her property. Nor
did hc stop here, but prevailed upon her to
place in his charge the property she had
set apart tor her grandchildren, all ofwhich
he had the full use and benefit of. He then
set to work cOrrupting the girl, and finally
sailed for Europe last Wednesday, taking
her with him as his wife. He left note
for Mrs. Eaton, in which he told her he had
converted all her property into cash, and
would allow her $50 per week if she would
keep the matter quiet.
Hudson River Railroad Freight
Depot Burned.
At an early hour this morning a fire
broke out in the freight depot belonging to
the Hudson RIVER railroad, on 1lth avenue
and 18th streets. The fire spread rapidly,
and In less than an hour one large building
was completely destroyed, together with
two freight sheds, eighteen or twenty load :.
ed freight cars, about one thousand bales of
hay, and two houses. The loss could not
be correctly estimated. but will probably
amount to 100000 or $4,000. ~
Another EmbezzIement.
Wall street was excited Yesterday with
the report of an embeZzlement in the Irving
Bank. The first story was that the amount
involved was $3O0,000, but subsequent in
veStigations have reduced it to about $45,-
600. A young man, a son of u clergyman,
whose name is withheld, a bOOkkeeper in
the bauk, is the guilty party. lie was ar
rested and admitted his guilt, and has re-
turned part of the money. The standing
Of the bank will not be affected.
Consolidation Of the w. u. and
American Telegraph Companies.
New YORK, Nay 2j.-There are conf
dent statements afloat to the effect that the
leading stock holders, and ajority of the
Directors of the Western Union and Amer
lean Telegraph Companies have substan-
TALLY agreed upon basis of consolidation.
Financial,
The Posts money article says: The chief
| feature of importance in Wall street is
| the lirmness given ts the 5-2O's by report
houses who had imported them from Eu-
rope cannot sell them at a profit and are
constantly reveXpOrting them.
re The loan market is active at per cent,
but at this rate borrowers can get all the
accommodation they want.
The stock market is duh but firm, with a
| general improvement both in Governments
and in the general list. After the Board
New York Central was quoted at 9431 Erie
at G71@, Reading at 110l4, Michigan South
ern aJ 1884. PittSburg Sc, Northwestern
2734, do preferred 5714, Erie GSl3.
Foreign exchange quiet. Bills at sixty
days Oh London are selling at 10S3d@l09I;
for commercial l0013@l095S; for bankers
do at short sight, ll03ISlll.
The Commercials money article says
The market exhibits slight Improvement
of tone, though there is still an unsettled
teelimg among the banks. The pressure
for money is nOtsO severe as yesterday, but
it is fully up to the means of lenders. The
Sub-Treasury to-day received about four
and a half millions from the banks on ac-
count of gold sold. The payments have
been made chiefly in currency. The rate
on call loans is universally per cent. Dis
counts are quiet and paper is valued at 6l5
097 per cent. Names which few days ago
would pass at Z per cent, are now quoted
at 10 per cent. The banks anticipate great
er ease tomorrow, the payments for gold
having been concluded; but there is no
prospect of any immediate change in the
rate on call loans. The pinch in money
does not materially interfere with stock op-
erations, the bankers themselves having
largedeposits to fall back upon. The mar
ket was this morning stronger at the Board,
prices being higher throughout the list
Governments are very active and irmer.
The Assistant Treasurer is prepared to
redeem any amount of compound interest
notes at par and interest from not only the
banks, but any holders whatever.
Gold remains very firm, principally un-
der the purchases of the shorts. The mar
ket is heavily overstocked and several par
ties have failed to make good their con-
tracts. The losses on short contracts are
very heavy. The export of gold Tomorrow
is expected not to be below five million dol
lars. There is a very active movement in
the cotton yarns market, prices on some
grades having advanced 20 per cent.
The business at the Bank Clearing House
to-day was large, the exchanges being over
$52,0O0000, and the balances over $55000,-
600.
LATER.
| Five-twenties have been bought up to-
day quite freely tor shipment to Europe
At the present price of bonds and gold 5-2O's
are equal to about 66c at London. 1t is
estimated that with recovery in the tone
of the London market and a scarcity OF
bonds among dealers, the price will have
advanced fourteen days hence sufficiently
to pay profit upon the shipment. This
movement tends to prevent gold from rising
above lao.