New Orleans Republican., 1873-04-08

l " supply WIFI IlSuL lis
| section of the city in which are cen
| tired the important interests of the bank
| ing, insurance and the wholesale trade,
| causes great and deserved Indignation
among business men. The vaults of the
| banks and bankers within a radius of
| quarter OF mile of Wall street contain
| millions upon millions of dollars worth of
| securities and cash. When it is remem-
| bered that one of the chief instrumental
| ties in guarding these vaults at night ia gas
nght, 1t Will be seen what immense infer
ests are jeopardized by the action of the
/ company, to say nothing of the ipconveni-
ence. The question has been raised whether
the gas company, by contracting to furnish
light may not make itself responsible for
losses incurred by reason of its failure to
fulfill the contract. Business men are dis
posed to hold the company to strict ac.
count.
AT the investigation by the legislative
committee OF the Mutual Life Insurance
Companys affairs to-day, Mr.. McCulloch
testified that the son of President Winston
took out three policies in the company.
which he subsequently surrendered on re.
ceiving the full surrender value therefor in
1866. He (Winston) died, when the policies
were revived and an instalment policy was
Issued for $4,000. Mr.. McCulioch gave
other instances of a similar character.
In opening the April term of general ses-
sions to-day Recorder Hackett charged the
Jury IN strong terms to deal severely with
offenders against the usury laws. He said:
The theft of industry and regular profits
by means of imm oral and unlawful machi.
nations OF the capital of capitalists or
moneyed institutions ought to command
your attention much more than ordinary
larcenies OF the prison calendar"
There is full supply of gas in the down
town districts tonight. The strikers saw
they will hold out. No disturbance report.
ed to-day, and all the men are at work ex.
cept those discharged by the New York
company.
The counsel for Robert BIeaklev. charged
with the murder of Maud Morrill, TODAY
applied for delay in order to obtain proof
of the prisoners insanity. Decision re.
served
The trial of John Van Shrickle, charged
with poisoning his wife last October, began
in Brooklyn to-day.
The general term of the Court of Com.
mon Pleas decided, in the suit of Isaac
ldelmuirth against Alexander McGarcer.
that, under the laws of this State. the lot
terry business is unlawful; that any-contract
which has the effect of abetting it is void,
and that the lease of place Of business
for the purpose of selling lottery tickets ia
invalid in New York.
In the East Conference of the Methodist
Church to-day Rev. A. s, Hunt was chosen
president of the conference
Judge Tappan, on application for the re.
lease of Mrs. Myers, a witness in the
Goodrich case, to-day granted a writ of
habeas corpus, returnable tomorrow
United States Marshal Harlow today
seized in ROOklyn the propeller Pigeon,
bark Ruth and schooner Emma T. Law,
under process from the United States Dis.
trict Court.
Arrived-San Antonio, Idaho, Francis
Wright, City of Bristol, Germania, Mag.
nolia and COrtes.
Arrived Quietly of New York. Thurin.
gia and Greece.
The United States steamer TuscarOra left
Panama on the twenty third for the Chiric-
Guio, in Darien, where the surveying expe.
dition still is. Captain Selfridge expects to-
finish his surveys in about month. Cap
tain Seltrldge and several other officers of.
the expedition were suffering from slight
attacks of fever.
A San Domingo letter intimates there
may be some trouble as to land titles in
connection with settlers who NAV 90 to
Samana bay from America.
The same letter states that the Dominican
government is in possession of letters from
the British consul to the Haytians, melting
| the latter to make war on San Domingo.
a Tribune dispatch from the wreck of
| the Atlantic last night says: "All that re-
mains of the ship lies in a circular cave
| nearly parallel with the shore and about
| forty feet from the rock on which the sur.
| vivOrs first landed. The officers of the
| Coast Wrecking Company. who came
down IN the forenoon full of an
| idea of raising her, at once saw
that 1t was impracticable. 1t is impossible
that the ship could ever have reached
! this position without the greatest careless
! ness. careful lookout would have dis
covered this coast long before the ship
| struck; the rocks are of whtish gray and
have line Of snow border. Though the
wreckers and divers have brought up nu.
| merOus bodies, many lie in the vessel where
| the bulk of the cargo remains.
| Wall street markets to-day were free of
| excitement, money pressure continuing the
| feature, but securities, as rule, remain
| firm for the same reason, known only to
the bulls and spectators IN gold, who
| practically control the market Gold opened
at 1873, after which there was decline to
| llS12, an advance TO liS7s. closing at 1899
Gold loans rates ha ye been to per cent
per annum for carrying Foreign exchange
is dull, with ~ 0S35 as the nominal rates
tor prime sterling, the business being at a
concession Of Is. Advices from London
to-day are favorable, both for money and
securities. In the money market borrowers
offering approved collateral have ranged
from l-l6 031G of one per cent per day.
The currency movement continues in
favor of this centre, although we do know
| that the spectators have stopped sending
legal tenders out of the city, which it il
suspected they did last week. The enforce
ment of the Hsury law is awaited with II
terest. With the breaking up of the sys
tenn of lending at fractions of | b cent pei
day, and with the national laws in regard
to the movement of currency rendered Op
erative it is reasonably expected the rates
will soon decline to y cent. Government
bonds have been strong here and steady II
London. In Southern State bonds business
amounted to only SH 900, with prices lowe
for Tennessees. In railroad bonds only
S66,000 changed hands, with prices shade
easier than Saturday, The stock market
with the exception of Harlem and Panama
both of which have been weak, has beer
dull and steady.
Skies of 1881, l2Ofa: five-twenties Of 1862
1l7la: of 1864. llzA: Of 1865. ll9A: ney
il14: OF 1867. 1884: of 1862 !I75s: new
tives lis; ten-forties ll24o
Tennessee SKIES 3d. new 80: Virgins
skies Al, new a., consolidated 5O deferre,
IL; Louisiana skies AZ, new AZ, levee sxe
40, eights 80; Alabama eights 80, fives s.
Georgia SKIES 20, sevens Sc: North Caro-
linas 30. new H., special tax 1872; SOutl
Carolinas 80. new l1ls. April and October
%.
Money opened easier. gained strength
during the day and closed at 3-16 to Y
Exchange was unfavorably affected BY
the money stringency and closed dull anC
heavy at ~ to 712. Gold less active and
lower, opened at li9l8, fell to 1872 q ll37a
Loans from fat 10 !-3! for carrying.
CONNECTICUT.