Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-11-24
FROM NEW YORK,
The DIstlIiery Frauds-Ano.her 8,

son'and Cochue, who were charged with
implication in the recent Brooklyn distil-
lery frauds, were before Commissioner
Newton yesterday, but owing to the absence
OF the counsel for the accused, were ada
journed until to- day.
SInother distillery was seized on Wednes-
day in Williamsburg, where apparently
anGSher shrewd scheme was going on to
outwit the law. The still and distillery are
kept In a seemingly unfinished condition,
and the owners intimate that they will take
out license as soon as they finish repair
ing their establishment. The officers dis
covered still in full blast about O'Clock
In the morning, and arrested the proprie-
tors.
The Case of the PrIVateer Meteor.
The case of the alleged privateer Meteor
was up before Judge Nelson, in the United
States Circuit Court, yesterday, on a pro
forntd discussion as to fixing day for hear
ing argument in the case. in connection
with Judge Belts decision cOndemning the
vessel. The United States District Attor-
ney was in favor Of letting the case go at
once, without argument in the Circuit
Court, to the bench of the Supreme Court
Of the United States at Washington. This
will In all probability be the course adopt
ed. nm.
An Attempt to Perpetrnte the Boston
A Worlds Detroit special says: 1t has
transpred here that prominent and old
established drug house in New York has
been made the victim of several just such
s"indles within the past few months as
that which has been discovered In Boston.
In the last swindle, or attempt upon the
New York firm, the party not only bought
goods while in the city, but ordered fur
ther shipments at almost every point of his
route to the West thus running up bill
for thousands of dollars which, but for the
sharpness Of the firm in following up the
goods, would have been lost, as was thou
sands in similar cases preceding it. The
object was to get tile goods, sell out quick
ly, pocket the proceeds and decamp, In
other words second edition of the Boston
game.
Old BOwery Sold Mt Auction.
New YORK, Nov. 23.-The Old Bowery
Theater sold at auction to-day for $780, 700.
There are mortgages on the property
amounting to $4,000.
Life Insurance.
NEW York, Nov. 23.-The Chamber of
Life Insurance had meeting this morn
, ing in the Rooms of the Chamber of Com
merce. Among other business transacted
was the adoption of bylaws regulating the
duties of its officers and the passage OF a
resolution recommending that case be
brought before the United States Supreme
, Court to test the constitutionality of State
laws as regards the Interstate relation Of
Life Insurance Companies.
Gen. DIx-Denial by Secretary NC.
CullOch.
General Dix will sail for France to-mor-
, row.
The Posts special says Secretary Nc
Culloch denies that he is converting a
larger number Of bonds this week than
were converted last week, and says that
there is no cause to apprehend stringency
of the money market. He will ask Con-
gress to give him power to sell particular
/ kinds of bonds when their price is very
high, and to redeem others when the mar
ket is lower.
Fire In OswegO.
OswEGo, N. Y, Nov. 23-About half
past two o'clock this morning fire broke
out in the basement of a meat shop on West
Seneca street, occupied by A. II. Wilcox.
i Eight stores were destroyed. The loss is
a heavy and cannot yet be estimated.
Financial Matters.
D NEW YORK, Nov. 23.-The Commercials
i money article says: The panic in Wall
Il street appears to have spent its force. The
e Government have very judcously stepped
q in for the relief of the market, by offering
e to receive from the banks compound notes
e at par and interest in payment of any Obli-
cations due from the banks to the Treasury
This will save the National bank depositors
here the necessity of liquidating transfer
drafts upon them in greenbacks, and at the
portion of this class of obligations, so that
= the arrangement is doubly advantageous
: Money Is 1reer of access, and the banks are
;. Offering round amounts at 6 per cent. on
e governments, although the general rate on
v call loans continues at per cent, and
from present indications, it appears quite
;. likely that in few days the market will
, revert back to per cent.
I Gold is decidedly firmer. The upward
= tendency appears to result from the SUI
pension of the Treasury sales on the
one hand, and on the other fromth in
= creased demand connected with foreign
0 exchange. Large purchases are made for
l.. | covering short sales, which also have the
= effect of sustaining the premium. Loans
e are made generally fiat.
= The stock market opened dull and with
y lower prices, but when it became known
. that the Government had come to the re-
lief of its bank depostors a general relief
was evident and prices steadily advanced
The Dry Goods Market.
Dry goods continue steady notwithstand-
ing the panic in Wall street and the decline
p in cotton. There is, however, as would
: naturally be expected, less confidence in
n the continuation of the present steadi-
: ness in the market, and any hour may see
e further concessions in prices and falling
: off in the demand for goods.
a Jobbers' prices: Brown Sheetings-Ap-
\ pleton A 201a, Pepperell 231S, do r 81 a
4 Bleached Shlrtings-Wamsutta 3716, An
droscoggin 20, Ballon %. Prints-COcheco
D 20, Pacific 1917, Allen IL, Empire IL. Ticks
Hamilton 371S, do d 3211S, Blackstone 25
r Stripes-Haymaker 2s, Harvester 27, Pitts.
e field 14Ila.
}. Latest Financial.
e The money market is working easier and
: the stringency will probably soon be en-
r tirely over. Money lis already com.
ing here from the interior, and the
flow of capital this way is likely
TO be heavy before long. Government is
taking the compound notes from banks at
par and accrued interest for all indebted
ness, which will help to ease the money
market. Transfers of currency from Ma
! tional banks to the Sub-Treasurer here is
. nearly over, and everything indicates a
: general easing up in future. There is a
q returning feeling of. confidence and q
growing belief that we have seen the end
a of the panic for the present. The demand
q for money was less active to-day than yes
terday, and there was plenty Of capital at
per cent. in good stock collaterials and G
per cent. in Governments. Prime paper