davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1870-07-30
NEW YORK HERALD, SATURDAY, JULY 80 1879.
FINANCIAL And COMMERCIAL.
WALL STREET,
FRIDAY. LiilY oQ-i L. NJ

friday, july -S--p u NJ.
The wall street markets con hue extremely dun.
Most OF the prominent operators have gone TO the
country and the leading spirits have taken q tenn
porory departure for Long Branch 10 attend the
races. AT tunes to-day the Long Room was almost
deserted. The early board was startled by the
announcement OF the murder OF Mr. BENJAMIN
Nathan. by resolution special commit tee was
appolnted to assist in the search for the assa sins
ana reward Of $4,000 was olered for their
capture. The nag OF the Stock Exchange was half
masleu out OF respect TO the deceased.
GOLD wEAK--12lA l20J1.
Ihe gold market was steadily depressed by better
Quotations ftom London, where, although some
thirty fiures have resulted from the present crisis,
our bonds since settlement day have steadily I'M.
proved The 62's came So this afternoon The German
bankers were also large sellers on alleged specua-
i've account ana were also purchasers of bonds.
They seemed unwilling 10 leave the street .shorsn of
The market, however for alter gold had been dc.
pressed to 1905 by the news, bogus or otherwise.
that the Due de GranmJnt and Lord LYONS had
conference with view TO English mediation fol-
peace, they commenced buying gold anu selling
b)nds, with the effect oil putting the former 10 l20S.
1ne street was disposed TO sell gold on the qu tatOn
VI 81 Tor hse-twentles In London, and hence the
small rise attending their purchases. The higher
quotations OF the forenoon, when gold ranged rom
l2l4 1919, We're due 10 the report that the ship
mem OF specie by the City OF Paris IN the morning
Will be about two millions and that the total expert
tomorrow VIII be over two ana a-halr millions
Foreign Exchange was fairly active but without
Chang IN rates. The course OF the gold market Is
shown In the tah'e.--
The New York herald., 1870-07-30
One O'Clock r. VI.
STREET cu0r.rall
COMMERCIAL REPORT.

FRIDAY July e9-sP. M.
BKfswAx.-The demand very light, and we heard OF
no important. sales few small lots disposed of at
prices within the range OF 3j. SIC for Western and
Southern yellow.
Email lots to supply the present requirements OF trlde
prices were unchanged, closing at 9c i,c Western
city adamanne, Soc &C. for sperm, 43c. Acc ION
patent.
COCOA was dull and sacs reported Prices were
nominal at luc iTc, gni, for Gayas IN bond &c
Sec ior Mafacaibo do and ec. ic do. Caracas DO
CohpA9E was unchanged. We quote Ma uis 2c s2c;
Sisa rope c Russia bolt do ec Russia tarred lgc
COOPERATE STooK.-Tne market was very dull for all
x,nds, tnough prices were generally steady. Ne quote
" bJ Ss 20 molasscs do. 30 do, 2 ~ 81 80; box do
ToO; pipe DO, 80 % VI; do, "a 75 hoops
fee. s4oa y y, hoops, u feet; $40.
CotFEE.-The marnet Rio n r1e active, the
demand si ben entirely from the trade, prices
steady and rn al former quotations. There sod
bags ex Cnran IA lao d., ex Z. schmidt 5DJ do. Con-
were sold private terms. Other kinds dull,
held for full figures. There offered auction to-day
about 1870 mats Java ont only about sO were Sold
the balance being Withdrawn owing to the bids The
prices real lied Tor the small quantity sod from
l3nc. 10 2l &C., gold. duty paid We quote R.oOfdi-
nary cargoes l4*c. lJc fair do, l54c. ioxc. good
lots, 43sc lsc Java, 2Oc 2sc; Singapore, i9c
Cey'on, &C. l9c Maacalbo, l5Qc. l93c. Laguayra
l6,fc a lo4c: Jamaica, lac i7c. Ceara, l6c. Nc;
Costa Flea, 10 &c. Manila, Inc. c. Mexican. l5c
CoTroSfhe market comparatively quiet. and prices
heavy and nominal at last quotations. There
ony moderate do nand FOR spinning and secuaton and
scarcely inquiry export Including baes 10 arrive
there sold y3 bales which l9 we're taken " spin
and AL by specuators The busi
only moderate. The sales 80 bales, basis low
mddng ior July at sSc isc and ico, do for August
The New York herald., 1870-07-30
sEMlus CAR BEG: ACCIDENT.

CVDgressnnp Cieavcisnd Of Nsv Jersey and
Family in Jeopardy.
On Ehursoay night, while Oreses Cleayeland
member Of Congress from New Jersey was returning
from Morristown TO Madison In carriage accom-
PANIED by his wife, Mr.. J. Il. Cleaveand. and .he
laters' wife, quite serious accident happened TO the
party when little way beyond Governor Randoiphs
res depce within the limits O1 MorristoWn. The car
riagc was oyertaken by the violent thunder shower
winch prevailed, aud the horse stumbling In
the pltchy darkness, the vehicle upset and
TIE occupants thrown yiolenny 10 the road. fash
OF lightning revealed the state OF affairs 70 Mr.. Can
nelo, who soon came along III another conveyance.
Mre. j. g. Ceayeland had her collar bone broken but
the horse ana carrilge and the rest OF the party
escaped with but slight injuries. Hopes are enter
tanned that Mrs. Ceavelands injuries may not prove
fatal The theory OF the accident IS that the heavy
rams had washed some gulleS ia the road into one
o. which In the darkness the horse stumbled
The New York herald., 1870-07-30
MONEY EASY.


The dulness at the Stock Exchange prevents ac-
the reserve OF the banks by the specie exports The
rate on cal ranged from three to per cent. Com
merciai paper was moderately active for prime
ooupie names at seven per cent discount.
GOVERNMENTS STRONG.
The government market was favorably affected by
the foreign alvices, and prices sharply advanced
the 6's toucning 1925 and ess no. The movement
was 50 sudden as to arouse ,picion of speculative
manipulation, especially the foreign bankers were
known to have already bought large quantities of
bons. Tor which. IN the presence OF merely nominal
Quotations at Frankfort. they desr0us of get
ting market here. Hence, when they bought gold
TO cover their 'shorts," as above noted they were
also sellers Of bonds late In the day but the market
not being firm at the highest prices they found
themselves unable to dispose OF their load ex-
cept at concession. Hence the market closed lower
as follows limited States currency, SKIES, l101s
III; do. do, 1851, registered, 113x
1874; Do do, cou on, 1135s q 1l3at; DO
fve-twent1es registered, llay and November
ITO llOa; DO. do, 1867, coupon, do Ilo%
HOY; do do, 1864, do. do, 1l01s 1lOsi;
do do, 1865, do do, 110l5 a11osl; do. oe., 1865
do, January and July, l09& l095; do. Go. 1861 do
do, ios2s lo91s; do. do, 1868 do. do 1091 llo;
do. ten-fortcs registered, 108% 1o71x: do. do,
COUPON, lO1% lO7M.
STOCKS STRONG AND DULL.
The stock market was calm and almost unrufIied
Prices however, on q very light business, steadily
advanced in answer to the queter and better Ieeng
at London. After the boards there was dIspos,ioa
to take profits the part OF the few who attended
the market aud prices receded from the best OF the
day. The following were the prices at the last seg.
sion OF the Stock Exchange:-C Canton Company 62
65; Consolidated Coal 26I 2s; Cumberland
Iron, 30 3s; Western Union, 344 347s; Quicksilver
lii; Marposa, o. 5H; do. preferred, 10
bid; Boston Water Power, IA Is; Aoams
Express, 65}l 65 Welis-Fargo Express, 1ssk
a l4}S; American Express, 425l 431s; United
States Express, as74 BID; Pacific Mai, 4oN a 4O7f;
New York Central consolidated, 931s a o37S; do.
scrip, esM SO; Erie, II 20; Harlenl 1873 49,;
Reading, 962i 9794; Michigan Central, 11S; Lake
Shore, 81 3l1S Illinois Central, 13O1s bd Cleveland
and Ptsburg, Jos o 10; Chicago and Northwestern,
o27s; DO preferred, S4I sl5s Cleveland, Columbus.
Cincinnati and Indianapolis, 1914 bid; New Jersey
Central 1ooH 1923; Rock Island, Il3}s 1895 Mil
waukee and ST. Paul. 59Is 60]5; do preferred. 1914
o 7s3S; Toledo, Wabash ana Western, 49% 80:
Fort Wayne, 94}S; Chicago and Alton, 1l514 116;
do. preferred, l16 III; Ono and Mississippi, 34H
q 345G; Delaware Iackawanna and Western, l05 a
1906; Morris and Essex, IS $50; Boston, Hartford
and Erie 316 Il 35s; Columbus, Chicago and Indiana
Central, 171 D 17ES.
HIGHEST AND LOWEST PRICES.
The following shows the highest and lowest prices
The New York herald., 1870-07-30

DYEWOODs.- The demand Tor all kinds was extremely
night and we heard OF no sales o. moment There
mand Tor export, owing to the troubles Europe dcrs
were generally anxious to realize prices heavy
riue lower for some Kinds We quote St Domingo log
wood, plI blS. god; Jamaica do, tl9 So, We1
Coast Lima wood $50 currency; camwood, lo goid
fustic, $40 0J n *l9 do.
FLOUR AND GnAIs--Rece,ps ?,6g bbs. -four, 25) bags
corn meal i3s5o6 bushels wheat 772S ~ do
oats The flour market decide y active
close prices were lbc 2oc higher Tor State
cosed at 6 20 on the spot and forward delivery The
were ABOUT 2ouO0 b,s consisting largely OF sa.e
the spot and August delivery; at 81 s6 2b Southern
was quiet but steady, with sales OF 800 sb Rye
IN small supply and lrm with moderate demand sales
10 bos or crn meal small sales OF Jersey
The New York herald., 1870-07-30
THE P0LlGE BasRD.
The - Soldering O0" Process--Dowling,s Ideu
Carried Out-ChanEcs I'm the Force.

The Police Commissioners met yesterday ana
adopted rulc providing that hereafter no intox.
icatei person shall be taken before magistrate
unti properly "tUned down to sobriety. TIE rule
provides that If the question OF the ability Of tho
arrested person to answer questions intelHgiby Is
not clearly established, the police surgeon sali be
called In. II he IL % flt sub ect for the court ne
shall be sent there il seDt to the hospital, he shall
be Kept there IN the custody OF the police. This
lion is taken on the recommendation OF Justice
Dowling, who does not propose 20 receive drunken
persons In his court. The Board sell cted Sergeant
Henry J. Minor. OF tle Sixth precinct, and
Sergeant Wuuam II. Clinchey, or the Tenth
10 The command OF the grand rounds
mems squads, organized on Thursday. James
Perkins, Twenty Owen Ma!Oney. Charles r.
Honian and Valentine Marsh were transferred 70 the
grand r0undsnan squad NO. 2. Roundsnln Joseph
A. Westeryelt. OF tho Twentieth, one OF the BEST
officers Ia the city. was maze Acting Sergeant OF the
Tenth : and Roundsnan W. &. L, Berghald, OF the
Fourteenth, Acting Sergeant OF the Sixteenth
pr rscnct. Pgtrnlman Thomas Soutnerd Of the Six
teentn, ana Thomas 9. Murphy, or the Twenty
second, were dismissed from the force. Joseph
Dong!as, OF the Central Department, was made
Acting Sergeant OF the Sixth precinct.
The New York herald., 1870-07-30
PIED.


AsscBEf. -on Thursday night, Jgly %, SAxuEi
ASsCHEL.
Due notice Of the funeral viii b. given in to-mor.
rows HERALD.
AaDEN.--At Ardenia iGarrsor's,, New York. on
Friday, Juiy ~. HfIEN, iniaut daushLer OF Thomas
h. and Anna II. Arden, aged year, months ana
days.
Funeral services at 81. Philips church IN the
Highlands AZ ayc o'clock this Saturday, afternoon.
BACg.--AtN onkers, OF Thursday afternoon, ,July 28
~ hali-past SIX O'Clock, FREDDIE A. youngest son u
L. a. and Rebecca j. Back, aged 10 years, month
and dag3.
The relatives and frleuds OF the family are respect
fuliy invited 70 attend the funeral, from ST. Johns
church ION Sunday afternoon ~ four O'Clock, without
further notice.
BAlLEY.--At scarslele. n. Y, Oh Wednesday. July
27, ADAMS, eldest son Of Adams and Caroline Baiey
aged IL years.
BAgrR.--.N Mil,stonc, y. j., on Wednesday July
q. WILLIAM only sen OF Edward and Matilda v. X.
Baker. aged months and days.
BfNNE. AT West Hubokcn, v. ", on wednesday,
July ~, LOUIS WAEFfLEhE BENNE, aged year, Z
months ana DAYS.
Remains were taken to Il. N. Hood for Inierment
BoBLLINGKR.--On board steamer ST. Laurent
when near Ha,re, France, on Thursday, July T.
Nile. IT,aA EoELI NIGER
BUlesB. lon Fridax July 70, ASsIB 9. BuLcBR,
The New York herald., 1870-07-30
tn: JE9sty CITY MYsTtRY.
What Caused the Death Of Wallace and
Vnahye

The post morton examination made On the bodies
OF the cousins John Wallace aud Dents Tuohy, or
Jersey City, revealed concested condition OF the
brain. Dr.. Muloahg, who IL regarded as a high eau.
thoriiy ca the subject states tnat although the
brain OF Wallace was not sufficiently con-
gested to cause death, yet he found no other cause
although he ana DR.. Hadden made minute
examination. The doctors concur that death
resulted from the effects OF the neat. They submit
ted ther opinions III tut to COron.r Burns, who wil
resume the inquest next Tuesday evening. Drs.
O'Caliaghan and lrenderl asst made similar report
In the case OF Iuohy still the public curiosity Is
not satisfied. The fact that The men died alDl0ss
witin The same minute, though in dliiercnt houses
constitutes the mystery WhiCn yet to be solved,
The New York herald., 1870-07-30
MARRIAGES AND DEATHS



AI.CoKE-MAsELL--On Thursday, July Is, at the
residence vi the brides p9rents by tAe Rev. AR.
Ihadwcll. Captain u. s. ALcoKE, of Brooklyn, to
hiss TILLtE hANELL. or same city. No cards.
CIOwE--HiI.L.---Oa Friday evening, july %.
THOMAS ID. GROVE, youngest son OF the late Colonel
Thomas Grove, to ZApIA CENIA HLl, OF South car
oilna, niece OF Royal BoughtoO Esq, OF New York.
No cards.
K!sGsLAND--F FaRRIE6ToS. Wednesday, Jnly
81 by Rev. Thomas Burcn al the residence OF the
BRIDES parents, GEORGE W. kRG>LAND TO ELIZABETH
H., eldest daughter OF George ". tarlinyton.
McLsAN--HILLIARD,-0 THURSDAY, May 28, ny
Rev. Mr. steel, or Harlem, ALEXANDER MCLEAN 10
LIZZIE A. HuLikRD, hotl OF Randall Island.
RATHbuN--PEYoR.--lD Harlem, on Wednesday
evening, July q. by the Rev Charles Fieuhrer
DAVID RATIBuN tD CARRIE AUGUSTA, youngest
daughter OF Samuel Pryor. No cards.
Philadelphia papers please copy.
ALENrIsB--5iSoSs.-in White Plains, Welnes
day, July 81 at the residence the BRIDES father
10y the Rev. v. NJ. uurlburJ Mr.. J. h. VALENTINE OF
Reading, Mass. 20 Miss MAGGIE J. SIaoNs, OF WHITE
Plains, Y. y No cards.
Boston papers please COPY.
The New York herald., 1870-07-30

Holders OF gold had their balances carried at rates
ranging from two TO five per cent The specie ship
ment yes erday was $780, 900 and $4,000 as MIS-
printed. The operations Of the Gold Exchange Bank
were as fOllows:--
coo cleared. $49 2s4, 900
Gold ulianf eS... NEUTRALITY-SUSPICIOUS.. 624,l6f
IurfcAcy Daances..... l,96S,lT
The New York herald., 1870-07-30


cable quoting advance OF a per centa-mslng 30
sspns os.,ne market somewhat exc,ed. and prices
@ Whch were scarce we're in eases wishar.wn,
sSss the .s.s, sss syss
,sT s'Psf 81 o pss;
u Tor q - 6 f for V nn5er w,nsr
10 10: ii q pig for Ss fs yna and s S.ss as
mait were du out unchanged Corn was dui prices
Csc mixed ana i N % Ta' for hsS sS' Mixed S' oas wet
at @ @ ' @ o w' c seSai s
State closing nooinsy G6c &c, ana tic for Indiana.
@ ss RPa' &
ss @srs a @ m ra al rs ag
sa nS Sr ~ pes rsds TIE ensSe
Shs Hour at ss s. 3D. TO Lye,poo ssesusr s7Jel
Glasgow per steamer isd was hrrny aadei ,or grain
room The charters were "A bark u Crons.adt with 52V
with Pe.roeurn In eases bark 70 ondsn 800 bbls and
-four &c. and bark from Bangor Me- TO Naoes With T box
shocks on private terms
aud prices favored nuyer There were sold ouo quins
at sbSu, former pces With FAIR aa M ns sacs
were about l,7C0 obs ut 26 6 70 lo No shore ala 10
was fair business transacted In smoked herring which
sold to the extent 1900 boxes at c &c. for scaed and
suNS 9 were quiet and we heard Of sale. except
Prices nominal at 2ic 2ic for bags and Bic.
HorsThere was no improvement to note In the demand
which entirely confined TO small lots which sold f
previous nsnies ooes were eenefaIy hrm ~ ther views
ormnuhe ui prices especially Tor tue pelter graacs "hcn
wufc sraIinsy n.ereu' nom'non 70 snoiSc gade' wris
qn9'eu a. rV ro' -Oc IN small saes *lshn me range
.e oeina1o was Only m,oueFst' out prices wers
saay vi u e II a & &c ,vr LOT ssspp,ns s & ~ ,of e'a lots
% aea3 80, o. 70 i9rtnsr haes o, nana ~ wich was
duo'eu d Nv a i@:.c goa. ,.e was quoted al osG 20
Eou ,'aa =, l.;io uo. anu Aanpco IA poni, Al
Tff;oo; ~Tnou' T s snes OF n.o,nen no. a., ,,.r,,n - s
tiipEs.--lhn nithe' WI ~ uesctIuiVhs was oui,
s.e M Genand .ei.s seiy hsn.' out prices were
svnsraiy %.n1s @ aPPsno o. ns current
q1oauos i1 nc az. y, .ses, 20 20 ~ ina 1Sc
1ac do " 20 20 ibs zS.1e' sc soneydeo 2oQ TO se
tus., Iz. .c Sorfcnes, "a 20 20 loA Il &C 22c kio
srtnae' ~ 70 - ps ~itS. ~ C,uoco u 20 - ibs:
11e sn - 70 @ ~. q - Sc Ssuri
The New York herald., 1870-07-30
TIC me shows the highest and lowest prices
to-day for the leading speculative shares:-
SOUTHERN sEnuRlrrEs pn

The southern list was utterly quiet except for the
Teunessees in which o few transactions occurred.
Prices were generally steady and closed as follows
Tennessee, eS coupons, 81 s3; DO, new, eos 81
Virginia, eA coupon, G1 IS; DO, new. 62 65; do,
registered stock old, 80 q 5i Georgia sixes 80 b
SIS; do. sevens, 80 92; North Carolina, ex coupon,
At 40; do new, 20 30; do, special tax, 231s "a
Missouri slyes 80 s9%; do, Hannibal and ST. Jo-
seph 50 a 90; Louisiana sixes So II; DO, new 65
q CO; do, ieyee SKIES 60 20; 90. dc elghts, 81
49,; Alabama ives, 72 q 7s; do. eigats, 9s 100;
South Carolina sixes, 81 s5; do. new Jnly IA 75
do do, October II rs; Arkansas sevcns, 73 q 76;
THE sUB-TEEAsUEY REPORT.
The New York herald., 1870-07-30

NAVAL sToKfs.-Ihe market for spirits turpentins was
extremely quiet there beng demand eycCpt for small lots
supply nnediate Inarts, and prices heavy ana r.
tribe lower, closing 4Vc for echantabe ots The
codhned to small lets, within the range OF 40c 3c.
Coude turpentue duh ard nominal last quotations.
KosinSraned quiet nut held ,vife Armer 81 80
asked i 90 bid For other descriptions the marked
dull snd heavy though prices lower Tna saes
oOU bbs at @ 20 and 40 Tor No and pale Weqnote
No. 2, III 70 So 20; No. l. 80 30 #3 sJ pale, is5 Is
50 rs; extra DO. and window glass S5 n 81 Winnings
dull and nominal al al ~ 90; the last sale
al VI w.
OiLs Almost all kinds were extremely quiet, but prices
generally without alteration. Linseed moderate
jobbng demand 1t s6c 9c In casks. Lard o quoted
at Sl221 Sl21~ for primo spring and winter Menladcn
DC 4lc. Cotton Seed, 5Jc for crude; 60c. tgIsc
Southern yellow 67ac for refined do Zoe 5c. wiite
simmer; SC s2l3c. for winter. Bark Straits S5c
crude wnaie. C7c. 70c. bcachcd winer 5c. crude
sperm, VI .tc 81 Soc; and beachcd and unoleached
winter do, 81 ~ SC. 81 CSC.
PETRoIEus. The marset for crude, In buk, exhibited
more activity, as demand being scsve and vita
vorsoc adyicos from tue Greek. rner
a U.sc l2Lo the latter prics being ceaersy depaadea
The New York herald., 1870-07-30


al the sub Treasury in this city
The New York herald., 1870-07-30
THE Won BECK LUNACY CASE.
Ths Statement Of Major George r. Won Beck
Son Shoots at His Father Closing
Testimony - Affecting Scenes
Before the Commission

rhe proceedings In the Won Beck lunacy case have
fDm time to rme be N given to the readers Of the
6ERALD. ProbaDy 10 lawsuit has ever occurred
Aong the Hudson river which Is fraught with so
much interest. man OF great weatl and high
distinction brought into court by MS owa chill.
drer, and pronounced oy them TO be either lunatic
or aforger. Is spectacle rare as to attract uni
yeral attention.. The petitioners after further call
inato the witness sand Drs. Eltng ana Crispell.
wro both testified 10 the unsoundness or mind or
vtn Beck, then put in evidence letter from Won
Beck to Mi. HasbroucS, OF Rondoat.
vos rrSS's LITTER ,,. ,s,o
DEAR Ibis letter reacles YOU shall likely be
& the a on my way to Ipes c sos seous
Driven home for the second tims.he arst time
nroash my own oiy his time for having PLACED my conn,
renee rncs In peope ut worthy o. X expect 10 be 0ack In
'' Yours win S's.' 9. 7. ss'Peis Vca BECK.
,tn Won BECK SPIRITED AWAY.
II was shown ty the petitioners that the above let
ter was written In ROnoout and sent by SPECIAL mes
senger to New York TO be mailed; that Won Beck at
this time had secretly left his wife and family ana
tad gone, not to Europe, but to the house of the
Hon. Frederick Steptens in Rondout, whom the
petitioners clam, Is exercising an undue influence
ever the Old man, anl that Won Beck IA deeiing 10
MIN his property AT this point the petitioners rested
heir case.
THE COMMISSION VISITED Won BECK,
at the Mansion House, ROnlont, for tile purpose OF
taking his statement, he being able 10 attend The
court aJ Kings The commission, jury and re-
porters were courteously received by
THE ALLEGED LUNATiC,
who is a man about seyenty-GwO years Of age. His
features Indicate stirring activity and strong emo
tons. His hirsute lip heavy eyebrows, square.
built cheeks aud iorenead, anu his stern, Teutonic
gaze indicate man OF pc sistiye, resolute and de-
termined character. Although greatly enfeebed by
age and disease he gave his statement in a clear
strong voice, showing most remarkable memory
In detailing The Of his early life-his ups emu
downs. During h.s examination, which lasted four
days, he tr4nS atel from Hebrew, German and
French Into English, scraps in his album
written to hin by several Of his dis
tinguishcd European friends aud schoollnates
among them one ron Count Fouquet, Of Belle Isle,
and one trom Ml lrshai Pelsser. OF Sebastopol fame
Tue latter OF which quote:-
Il. A good glass wine Rousillon
A e.-sleak Tried tnat bone:
A sooa Cigar, and lager bier,
Anu ble music thine heart to cheer;
No de1ts, u house with marbis loor,
n lent money In thv drav
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-02

On motion OF Mr.. Pierce, it was
Resolred, That the Mayor be, and he is
hereby EN- powered to enter into u lease with
J. Simon, tor a lot OF ground on the corner
of Morales and Union streets. at annual
rent of one hundred and forty-four dollars;
the same to be used as public pound for
the Third District.
Be it furthe7. resolved, That the sum of
one hundred dollars is hereby appropriated
to pay the expense OF building an oftlce, ana
preparing said lot for use as Il public pound.
Mr.. Pierce said he had consulted with the
City Surveyor, who believed the office
could be built for sixty dollars.
Carried.
The Sale OF the Jacks son Railroad Stock.
Mr.. West introduced the following reso-
luton:
WHEREAS, The city of New Orleans now
claims to be the owner and holder of eighty
thousand shares of the capital stock OF the
New Orleans, jackson and Great Northern
Railroad Company;
And whereas, The said stock is pro-
ductive of no interest or advantage to the
said city, while held and owned by her;
And whereas. By transfer OF such STOCK
the city of New Orleans. Will realize, III
cash, three hundred aud twenty thousand
dollars; an amount needed to meet her
liabilities, and to secure great advantages
to the city;
And whereas, A refusal to transfer such
stock to H. S. McComb, is certain to in
yolve the city in a very expensive and pro.
| tracted litigation, which 1t Is the interest OF
| the city to avoid;
| is hereby authorized to effect an amicable
| arrangement and compromise with the said
| H. s. McComb of all litigation and pre-
tended claims in relation to the aforesaid
stock, and as a part of the said compromise
the said Mayor is authorized and required
| TO recognize the transfer OF the stock made
to said H. s. McComb, and to give him a
| full and complete title to the came for the
price and consideration OF three hundred
and twenty thousand dollars (S320, O00), t
| be paid by the said H. s. McComb; pro-
yided, however, that the said sale snc
| transfer be made under such circumstances
and subject to such conditions that the rights
and interests of third parties in, to, against
and upon the aforesaid stock be preserved
by the said H. s. McComb, to the same
extent to which the said stock is now ant
at any time has been liable or incumbere(
in the hands of the city OF New Orleans.
The yeas and nays were called and tn
resolution was adopted.
Yeas: Messrs. West, Shaw, Deiassize
Emley, Pierce and Walton-6.
Nays: Mr.. Bonzano-1.
Calender.
The Council took up.the undisposed bust
ness o. the calendar.