New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-05-08


Report of the Agent-LibtI suit DAM
ages Reduced-RaiIrOad Promotion
Jnte Bags Incorrectly InvOiced-Suit
by the Government - Verdict for
Sj9,7OG.
New YORK, May The quadrennial Ie-
port Of the agent of the Methodist Book
Concern shows that it owns S7I7, ,9O4 in the
Book Concern building and fittings, or three
tOurths of the value, the other fourth be-
longing to the Missionary Society, making
the total cost S950,356 A portion of the
building rented for $4,000 annually, which
pays interest at seven per cent upon the
whole cost of the property, and leaves
balance Of $6l75 toward paying the taxes
and insurance.
The bonds of the concern to the amount
Of half a million toward the cost of the
property, payable after three years, and
due in fifteen years from June l, 1869, were
all taken at par and accrued interest with
out brokerage or advertising.
The sales of books for the last four years
amount to $2,426,8I0, and the profits 10
$780,, ,O94, of which $l05,4l3 have been paid
under General Conference appropriations,
and balance of $256, ,68l was added to the
capital. which, November l3. I87 /, amounted
to 81, ,0j5. i79.
The total assets, including real estate,
were ST, $50, ,3l5, and the liabilities $795, 1876.
There was, at the same time, cash amount
ing to S75.I59 on hand, and there was due
from the Missionary Society, $63, ,35I, and
from other parties $24l ,22O, which total, or
1884, ,740, may be applied to hquidate the in
debtedness of the concern without interfer-
ing materially with its regular business,
leaving the liabilities at S4l0 1896, which can
in few years, by annual reductions, be
entirely paid Considerable space has been
devoted to accounts of newspaper pubhca-
tiOns, all OF which are tiOurishing.
DepOsitories at Boston, Pittsburg ana
Buffalo are doing well and in good hands,
and the concern was never in as good a
condition for the transaction OF business as
at present.
Money 7 p cent on call loans. Sterling
quiet Gold 1872 a 1885. Governments
Oft Is a l4c; new tves lIl19; fve-twenties of
1862 1925: 1864, 1928; 1867 ll3B, new
Il47s; 1867. 1855: 1868, lI55s; n-forties
IIO12. State bonds very dull; Tennes-
sees lower, old, 81; new 81; Virginias
old, as; new 50; Louisanas, old, IS; new
55: levee skies 66, eights 76; Alabama
eights Sc, tives 60: Georgia skies 20; sevens
So: North Carolinas, old, 36. new 1872;
South Carohnas, old, 45, new 1864.
Money firm at I currency to gold. Ex-
change quiet and firm at 938 934. Gold
opened strong at ia s, sold down to ll3 g.,
rallied to ia, fell to 1895, then to 378,
down again to lI312, remaining steady and
closed ar II3l2 a Il35s. Loans ranged from
cold TO 3 for carving, Governments
oDenpd steady. with five-twenties of Nav
and Novptnber off abOur X. During the
dav tbe market sold off from Il q 4. in
svmnathv with the decline in cold closed
steady.
Tho game of base hall today between the
lawmakers. of Troy. and the Fckfords. of
Rr6okIvn. on the Union grounds. BROOKLYN.
was Won bv the lawmakers. bv score Of
I6 to Ii.
Danares AGAINST +he EreDiDg Past in the
libel sniff Of Caltain Samuels has been re-
dncpd bv the Jury tom $4,000 to $500
Z. \. Brown. forrldrlv division super.
intendent of the Ere railroad, has been Of
fered the position ot general lsuDerintendent.
and will probably eept.
No credeGce is zen to the rumOr that
Mayor Hall viii be gain tried on the old
indictments, as we'll a on new ones which
the present grand jury are expected to
ind.
The government has obtained a verdict
of $50 Zoo araipst W .riam Goodbue &
Sherman. as the value Of iute cargo in
correctly invoiced.
The National Democratic Association. a
poTficaI organization recently formed under
the auspices of BENJAMIN Wood, tonight
passed a resolution indorsing Greeley and
Brown. During the meeting Mr. Wood
stated that he had an interview with Mr..
Greeley. and had asked him whether, and
in what event it was possible. he would
withdraw as a candidate. Mr.. Greelet, in
reply. had assured him that he would re-
main in the field, no matter whom the Re