The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1867-05-19

WASHINGTON, May 7.-Stanbury's con-
struction of the Reconstruction acts is in the
Department printing office.
The Supreme Court during the session just
closed disposed of two hundred cases, leav-
ing two hundred and fifty on the docket
1t is a matter of comment that the Court re-
cognized Texas as a State of the Union in
granting injunction against the payment of
indemnity bonds obtained from her during
the rebellion.
George Bancroft, of New York, has been
appointed successor to Gov. Wright as Min
lister to Prussia.
The merchant prince, Stewart, ofNew York
returned eighty dollars as his net income
for the past year, and Claffin, one of the
largest dry goods merchants in New York.
returned one hundred and fifty dollars as
net income. Both these merchants return
ed over Il million income last year. They
have sold more goods this than any other
previous year, and almost exclusively for
cash. Their short balances are not attribu-
table to bad debts.
The release of Mr. Davis meets with APP
plause from his friends Since his release
he has discOu 1tenanced anything like a
demonstration, though he has received his
friends cordially and conducted himself in
all respects with the quiet dignity of pri-
waite gentleman.
The Supreme Court confirmed the decis-
ion of the District Court in the case of
1uOu pSOby ct al VS.. Riggs ~ GO.
This was a case in which gold had been
deposited with Beggs & Co., bankers. The
Court held that the gold deposited created
debt which could be legally discharged by
legal tenders, and it excluded evidence
showing that it was the custom of bankers
to return gold for gold and currency for cur
rency.
SELMA, May 17.-Messrs. Keith & Co. are
expected to resume payment tomorrow
Their liabilities are estimated at SS5, 900 and
their assets at $4,000.
NEW YORK, May 17.-There is an easier
feeling in the money market, and demands
are more freely met, but at advanced rates
Call loans sac per cent. on Government
bonds and stock collaterals. Gold stronger
closing at 1873. Sterling steady at l09E.
Business slight.
CINcISNATI, May II. = The Old School
Presbyterian Assembly elected DR. p S Cur
ley, of Washington. moderator. Two hun
dTed members present.
RICHMOND, May IL. A telegram from
Stanton, Va, to the Dispatch announces
the election by the Episcopal Convention of
Rev. Francis NJ. Whittle, of Louisville Ky,
as Bishop of Virginia.
LISBON, May 1.-THE mail steamer from
Rio De Janeiro has arrived. She brings the
news that President Lopez, OF Paraguay, had
accepted the mediation of the United States
and would at once dispatch an envoy to
Washington. The allies had not accepted
the American plan for adjusting the difficult
ties. and it was Thought doubtful whether
they would compromise at all. No further
fighting had occurred between the contend
ing armies. The revolt in the district of
Meadoza, in the Argentine Republic, was
assuming alarming proportions
ST. LOUIS, May I7.--Bright leaf tobacco
higher at Sl6t030; other grades steady Cot
ton advanced to pc for middling uplands.
Flour dull at 50e0s1 lower; spring and fall
SSdlO 90 Wheat dropping; prime spring
81 6fi Corn 81 oral IL Oats $40 gOc |
Provisions firmer. Mess Pork SD 50022 20 |
Bacon shoulders &c. Clear sides l24a I54c.
MOBILE, May I7-Cotton market quiet |
sales to-day 500; middling uplands 25c; re- |
ce1pts, 299 sales for the week. 1890; receipts, |
1857; exports, 1857; stock on hand, 33,245, |
bales