New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-10
NEW YORK.
Che Case CT Jay Cooke & CO

NEw YORK, January 9.-In the case of
the United States government Va. Jay
Cooke & Co. to recover nineteen seven
thirty coupon bonds, with interest, amount
ing in all to $25,5S0 56 which we're pre-
sented to the assistant treasurer in this city
by Jay Cooke & Co., and paid, which bonds
were afterward declared counterfeit, and q
decision gwen for the government, writ
Of error was taken out by Jay Cooke & Go.
To-day Judge Woodward, in the United
States Circuit Court, heard the case and re-
served his decision.
Depaty Collector of Mississippi Under
Arrest.
G. W. Smith, deputy collector of internal
revenue Tor the northern district OF Missis-
sippi indicted on a charge of embeZzling
SIS, 900 of government money, is under
arrest in this city, and will be taken in
day or two to Mississippi.
Fugitive F0rger Arrested in London.
cable dispatch states that Stephen Ray
mond, the fugitive f0rger, OF New York
Central railroad bond notorietv, has been
arrested in London and is held for extradi-
ton.
Memorial of the Louisiana Changers.
There was laid on the desk of each mem
ber of the House of Representatives this
morning memorial OF the Patrons of
Husbandry OF the State of LOui siana, ask
ing the government to facilitate the nayi-
CATION of the Mississippi river by building
the Fort st. Philip canal, and until its
building may be accomplished to control
| the towing of vessels across the bar. They
claim, bv the latter proposition, that it will
| be saving of $945,25O or more, annually,
| as the actual cost need not exceed eighty
cents per ton. whereas the present'rates are
| 81 $50
Specie.
! The SUI, treasurer paid, to-day, S6, N)0 900
| in gold, for interest, and S52l ,0Oo for called
I bonds CUSTOMS .eceipts so day were
| S6O0,006.
The Russian sailor Hung for Murder.
| Jacob Nichella, the Russian sailor who
murdered United States Deputy Marshal
| Stephenson, N Jersey City, July last, was
| hung in the Hudson county Jail yard, at
| halfpast ten O'clock this morning. After
he had been suspended for about three
minutes. and while the body was being par
TALLY lowered, the knot of II o moose slipped
out and he fell heavily to tho ground.
In minute the rope was read justed, and
J che body was again drawn up. There were
a few commissions, and al was over. He
did not exhibit the least sign OF either fear
or remorse up to the time he went to the
seaf1lls. When the sheriff raised his hand
80 pull the black cap over his face, he DIRE
back and said: Are you going to hang me!
My God, don't do that" When the rope
broke and the body fell to the ground there
was a rush Of spectators toward the scat
fold, and it was only through the presence
! o. m!n.l o: soISe OS sos dnidisis that ordes
| was TesrSreco
The ffieanciaq SIeuasio,n
THE f0srS financial article s.ye gold
opened at ilb3s, and has since been steady
- lao, L.
19O934. on gold loaEs7 currency to Z gold
and exceptionally l-32 y day have been the
rates tor carrying Foreign exchange il
strong and higher. prime bankers being
now S4 S312 and 81 81 respectively, after
opening at 81 S2le and 81 SO.
! The London money market as steadily
graVitaling toward extreme ease and rates
are weakening For instance, a few DAYS
ago banks and money lenders had no diff
| Guilty in getting seven per cent quickly fOI
such money ss they lend on c4il; now ar
! effort has to be made to get that rate, and
the best class of borrowers have no diff
Guilty in supplying themselves at Elk, and
| We hear Of loans as low as five per cent
Prime mercantile paper-for which the dc
mand is ahead of the suppiy-sells at sever
for choice, aud eight to nine per cent fol
the next grades. Government bonds are
strong and higher.
| Oudic DUuus eli OOdIu were
strong ~ small sales confined to Tennes
sees. Old Virginias at 40 and Miasouris at
os We should also say that. $4,000 OF
North Carolina special tax sold for 80. The
market for stocks has been alternately
weak and strong, but generally full up tt
the average of yesterdays sales. In some
| cases prices are higher.
There is no reliable change in the genera
situation. The banks, so far as we near, ars
| ;pip hot and unId
expending in the sans ratio that they ar,
| gaining reserve