The home journal. (Winchester, Tenn.) 1858-188?, 1873-09-04
News of the Week.
EAST,

The iron merchants of New York, attri'
bnte the lookout at Manchester, England, ia
the fact that the high price OF English iron
and increased production in this country have
rendered the American market wholly inde-
pendent Of Great Britain. The importation
Of British iron this country il very light and
confined to special products such as Scotch
pig American iroa is now sent to Canada,
and consumers in California who formerly OBJ
tanned all their iron from England are now
buying it in pittsburg An extensive dealer
is said, in making an estimate this week III re-
gard to eleven hundred tons of sheet iron, to
have found that it could be bought Of Ameri-
can manufacturers at half cent per pound
less than tho price OF an inferior grade i'm
ported.
Vanderbilt controls 2,150 miles of rail.
road representing $2lj, 100000 Of security,
with gross income of 545, ,OOs, 600. This in
wolves the mastery of the trade Of the three
great states OF New York, Ohio, and Indiana.
The secretary OF treasury has instructed
the assistant treasurers and designated deposi'
tories to refuse the payment of all checks OF
disbursing officers, except pension agents,
issued since January l. 1872, on which the OBJ
jects for which they were issued arenot stated.
Secretary Belknap, after rigid examina-
ton failed to find that any records in the war
department are missing with the exception OF
those in the Buell. court martial case. He in
vites any one who can name any particular
l,1;, 30 in
port the fact to him, AZ it is matter Of I'M
possibility to examine every paper in the de-
partment. He hopes parties will specify miss
ing documents to him and further search
will be made.
The secretary OF war has issued a circular
that in all cases whore all officer recommends
the advertising of any official matter, he sug-
costs only the names OF newspapers that from
location or circulation are apt to do the great-
est service to the department.
The Alabama indemnity money 3lj, 800
600. which is deposited in gold in number
of our city banks. The payments thus far to
the treasury have been in called bonls, over
due coupons and gold the balance due will
be gradually paid in during the next three
weeks and within this time the managers Of
this fund expect to purchase all additional
amount of called bonds.
The secretary OF war has appointed a
board of engineers to ascertain if the bridge
over the Mississippi at st. Louis is III sb-
struction to navigation.
The amount Of United States moneys and
securities redeemed and destroyed during tho
year ending June 30, 1873, shows Il total OF
sl44,7i3, ,9G2. The average daily destruction
of fractional currency was over $4,000. The
amount Of legal tenders destroyed during the
year was fG5, ,O19OG7.
The attorney generalhas recommended to
tho president that pardons be granted to T..
Hood, Of South Carolina, and Adolphus Du-
priest and Geo. Holland, of North Carolina
who are now serving out terms in the Albany
penitentiary for huklux outrages.
The sub-treasury in New York contains
something more than thirty millions of dollars
in gold coin, besides ten millions in gold bars
four hundred thousand in silver, and twenty
eight millions in currency.