Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-05-22
FROM NEW YORK.
FenIan Arms Seized.


A dispatch from Erie, Pa, saysS7 cases OF
arms belonging to the New York Fenian
Senate have been seized in that city. They
were consigned to j. f. Cronin, Head Cen
ter OF that county. ## f.
Miscellaneous Items.
Evening papers say
Senator Foster has requested his friends
in Connecticut to withdraw his name as a
candidate for reelection to the Senate.
The President will sign the postal appro-
priation bill.
1t is now asserted on good authority that
Senators Morgan, Stewart and Lane of Kan
sas will vote for the constitutional amend
ment ii the Sd section is stricken out. Mr..
Norton, of Minnesota, speaks favorably Of
the measure. .,.
Private dispatches from Connecticut say
Gen. Fry will be elected United States Sem
ator on Wednesday.
Gen. Devens, commanding at Charleston,
South Carolina, has received orders to mus
ter out all white volunteers in that depart
ment, among them the 9th Ohio.
1t is the general opinion of the Radicals
that the reconstruction plan will pass the
Senate minus the Sd section.
Financial.
New YORK, May 2l.-The Commercials
money article says: The stock market this
morning shows the effect of the heavy gold
movement of last week. The sales of the
Government will call into the Treasury
about $l3O0,000 of currency, and the de-
mand upon the banks for this large amount
has caused some changing OF loans and
slight furry upon the money market. The
banks generally continue the rate on call
loans ut . per cent, but borrowers are in
40 f,na n ha 80
currency from the West has abated. At
Chicago, exc ange on New York is selling
at a discount, aud at Cincinnati the rates
are much easier. From this concurrence
of causes it would seem reasonable to an
ticipate partial reaction from the extreme
ease in money.
Ithas been suggested to the Secretary of
the Treasury that he call in certain
amount of certificates of Indebtedness, Civ
ing notice that after specified time the
interest upon them will be discontinued.
The Secretary has the option of calling in
the certificates at any time within the year
for which they are issued. The authorizing
act reads, (which certificate shall be pay
able in one year from date, or earlier, at
the option OF the Government" We un-
derstand there is much probability that this
course will be taken by Mr.. McCull,ch,
anu lildG dllOullb VI CtIIluCdItS CtllCu
in will be sufficient to return on the mar
ket all the currency, now being withdrawn
through sales of gold.
Stocks were generally lower this morn
ing, in anticipation of "A diminution of the
ease in money. Erie was per cent. lower,
Reading "a, Michigan Southern "a, North
western 70, and preferred do ll2. The bulls,
however, show confidence in the future by
buying freely on fifteen to thirty days OPP
tions. A few shorts of five to ten days are
put out in anticipation OF lower quotations
during the temporary change in the condi
ton of the money market. The miScella-
neous list is generally weak and lower.
Governments are stronger than any other
class OF securities, Saturdays prices being
sustained throughout, except on certif-
Gates.
The statement of the associated banks
does not show any important changes be-
yOnd decrease OF nearly two millions in
loans. ThGreturns, however, do not cover
a large proportion OF the checks against
gold brought from the sub-treasury, so that
the statement does not reflect the result of
the gold transactions of last week.