Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-05-23

obliged to careen to prevent sinking. At
lalfpast two the Blanca and Resolution
retired to repair Injuries, but soon return
ed to position. and with the rest OF the fleet,
except the two first named. continued the
fight 10 the end Of the action. Soon after
the commencement of the battlea Peruvian
battery, containing two 300 Dcunder Arm
strOngs. was blown up. dismounting guns
and killing and wOunding every one in the
vicinity. In another battery 300 FOUNDER
| Armstrong was dismounted at the
first fire. With this exception the fire of
Peruvian batteries was heavy and well di-
rected, and every moment became more ia
tai and destructive. Soon after 5 o'clock
the Spaniards retired.the batteries firing till
they were out OF range. The last gun was
| fired by the monitor Victoria.
/ The Pernvans are said to have lost-6
killed and l70 wounded. The Scott dsa-
bling the steam pipe of the Villa de Mad
rid killed lS and wounded 30, and it was
thought that the total Spanish loss exceed
ed that OF the Peruvians. That vessel had
| eight shot holes in her sides, the Blanca was
struck forty times, and the others nearly as
many. The Numancia being ironclad,
came off very well. but one S-inch rltled
projectile pierced her 81 iuch iron plating
aud went partly through the wooden back
ing. She WAS fought so as to receive the
fire at an angle, hence her plating caused
the shot to glance.
Officers Of the Vanderbilt think the Span
iards are in nocondition to renew the attack.
They had only solid shot, so the city is lit
tie injured.
Mexican AfIirs-The Fight at
NHHZn IIan. sEc.
NEw York. May 22-The details of the
engagement between the Liberals under
Covona aud the Imperial garrison at Slaz.
atlan, Mexico, show that the Liberals gain
ed brilliant victory. A squad of Ameri-
cans who were in COvOna's ranks acted rs
sharpshoOters during the engagement.
Without delaying, COvOna Immediately
attacked another expedition under LO2da,
and completely routed it. lie is now mas
ter of the position in Siualoa.
The heavy import duties and forced
| loans still continue. Duties on single car
goes of merchandise from Europe in the
month of April, have amounted from
$l30000 to $l60000.
Urtega, the opponent of JuareZ, proposes
to enter Mexico from California. -
4 letter of Gen. PrincOurt, one Of the
French commanders, is published, stating
that he believes the cause is not hopeful,
and the relations with the United States
are threatening. lie therefore intends TAX
ing a leave of absence, with no expectation
of returning.
COrOner's Verdict on the Body OF
- Preston Kin&.
The verdict of the COroner's Jury on the
body of Preston King, rendered to-day,
was that he jumped of the ferry boat while
laboring under insanity.
Financial.
New YORK, May 22.-The Commercials
money article says: The news OF the panic
in London produced Il sympathetic effect
upon the market here, though as yet not to
any serious extent. The large purchases of
gold from the Sub Treasury for shipment
by withdrawing suddenly large amount
of currency from the banks, has produced
a marked arrangement in the lower mar
ket, which is attended with a certain feel
ing OF uneXcCssive uncertainty. In the
money market this morning there has been
very extreme chaage of hands. Early in
the morning parties whose loans have been
called in were hurryiug around the street
aud fairly Offering Z per cent, at which
rate they mnsly found accommodation, so
| that thus far there has been no realizing
upon cOIlaterals. About one o'clock mon
ry was offered somewhat freely at Z per
cent, and the indications appear tD be that
the market will close easier chan it opened
Assistant Treasurer Van Dyke has signi-
fled his Willingness to wave to the freaks
the requirement OF ten days not ce upon
temporary deposits. but as yet none of the
Banks have felt it necessary to fall back
, upon the sub-Treasury. They naturally
prefer a condition of supply which will
give them Cor per cent. rate of discount,
aud will only Withdraw funds from the sub
Treasury under sharp pressure. Yester-
day the sub b-Treasury sold ten millions of
gold. but this morning suspended selling.
Should any attempt beSinade to run up the
premium to an extreme rate, the Govern
meut still stands with thirty-tve or forty
millions of its own al valuable coin to check
the attempt.
The stock market suffers in symnathy
with the disturbance of loans at the Board.
Prices were off l@2h per cent, but show
ed slight recovery afterwards. The shorts
availed themselves freely of the fall for
covering their contracts. especially on Erie,
Illinois Central, Michigan Southern aud
Cleveland & Pittsburg.
Governments are d, ,cdedly weak under
expectations of further returns Of 520's.
20's are t. lower, issue of 1865 "a. 10 .40's
Is, and z 30'S Ic. Certificates of indebted
urss are selling at 99B@l00. The gold
market Is placed once more under the con-
troll of speculation by retiring of the Gov
eTnmpnt>brOker irOn the room. The ten
millions bought yesterday from the Sub
; Treasury will prODably supply the rtquir-
ments for export tor some time to come.
This morning the price opened at l3O55 and
steadily rose to l3l, after which it reached
1929.
The Shipment of specie tomorrow is like
ly to ful y equal that of last Wednesday.
Private advices by the Cuba indicate that
theamount OF 5-20s returned by that steam
er wil be large. -
Foreign exchange unsettled. Merchants
are buying to limited extent. and the prin-
cipal remittances appear to be on bankers
own account and III sight bills drawn
against gold. ..
The Post says: After the Government
broker retired to-day gold went up to l34l@,
subsequently, rPceded to 1928, and tnen
went up to 1885. r gs..
FROM ST. LOUIS.