The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-04
YEsTERDAY,S NOON DISPATCHES.

railroad material to the appraised value OF
S7,556, O35. There remained due and unpaid
from certain of these railroads, June 80. 1873,
S4 G5S, 942.
During the fiscal year ending Jane so, 1874
interest has accrued upon this Indebtedness
and expenses have been incurred to the
amount Of S9S,
Payments in cash in transportation and
postal earnings have been made to the amount
of SIG, 791.
Thirty-four railroads have paid their debts
with interest and expenses III full. Sixteen
yet remain in debt to the United States:
Some provisions of law for the collection OF
the money due and settlement OF the debt, is
desirable.
SUITS are In progress against several railroads
on account OF these sales.
The actual decrease Of the debt during the
year, including payments of accrued interest,
but excluding the reduction by compromise
under the law, is S2S, 3l1. The Alabama and
Chattanooga Railroad settled its accounts
during the year by payment in Cash and by
tran sportation and postal service to the amount
OF balance due, S4673
and Mobile and Ohio and the southwest
branch OF the Pacific Railroad of Missouri,
now part of the Atlantic and Pacific Railroad,
reduced their Indebtedness respectively S23S7,
sd SOB and ST., 1872. In addition to paying
on account of interest S5O,O59, making the
total payments, exclusive of interest, about
S53 S72.
The debt Of the Edgeield and X entucky,
the McAIinnville and Manchester, Memphis,
GAINESVILLE and Louisville, Memphis and
Little Rock, Nashville and Northwestern and
the Selma and Dalton Railroad Companies has
increased $50, 263. The total collections on
Is H. u \ I
credit to these Southern and Southwestern
railroads up to June 30 last, was So. 24O 423.
On the 1st OF July last, there remained an
Indebtedness to be collected by the Quarter
masters Department. OF $3.50, 1897, not inclu-
ding the sum of S22, 754 due from the Miss,
Gaint svile and Tuscaloosa Company, which is
bankrupt, nor the amount from the East Ten
nessee and Virginia, the East Tennessee and
Georgia, the Nashville and Chattanooga, and
the Nashville and Decatur railroads which is
81, $50, 100, and which are compromi ed under
the Act of March 3, 1871. for the sum Of
S1,265, 600, and made payable by the Assistant
Treasurer at New York.
WASHINGTON, Dec. "a communication
FROM Gen. Sheridan says, that after a thorough
examination it is found Big Tree has not vio-
lated his parole and therefore he remains I'M
molested in the Indian country.
1t is known in diplomatic circles that Spain
has paid to Great Britain only q part OF the
indemnity on account of the Virginius affair.
The remainder and other questions are to be
hereafter adjusted.
No one doubts the President will accept the
resignation OF District Judge Dureil, of Lou
isana, just rendered. Durells curse termi-
mates the proposed impeachment pending in
the House Committee on judiciary.
LONDON, Dec. 3.-Great Britain has finally
and formally declined to participate in the
International Law Conference proposed by
Russia.
LONDON, Dec. 3.-The cable steamer La
lata, hence for kio Grande, Del Sur foun-
dered. Sixty person lost; IA were rescued
from the boat after % hours exposure. The
loss is attributed to the shifting OF the heavy
graphing apparatus.
Captain, surgeon and three other officers,
the engineer seven stewards and cooks, elev-
en- striiers, fourteen seamen, and the whole Of
the cable staff, numbering sixteen, and inclu
ding Mr.. Hicketts, chief electrician, were
droVne!.
The chief stewart, who was saved, reports
the Tres were all out by 10 o'clock in the
morning of the 10Th. A heavy sea carried
away two Of the boats. The ship gradually
settled by the stern, and at 1890 foundered,
stern first
The captain and doctor were on the bridge,
having failed to clear the patent life RATS, and
went down with the crews. The deck burst
as the steamer sank.
New YORK, Dec. 3.-The case Of Rev. John
S. Glendenning, before the Jersey City Pres
bytery, was concluded to-day, resulting in a
verdict Of acquittal on all charges.
WASHINGTON, Dec. 3.-Judge Durell, Dis
trict Judge OF Louisiana, whose rulings the
present Government of that State Obtained
power, has resigned. His resignation is not
yet accepted, but it will be.
New YORK, Dec. "a special dispatce says
that Frederick A. Dockery, who was con-
demned to death by the Spaniards in Cuba,
but whose sentence was committed to ten
years imprisonment in Spain, has been par
doned.
CHICAGO, Dec. 3.-Arbitrary rates will be
imposed upon freights from st. Louis to
points west. It was agreed that no railroad
after January l would contract for freight
below the rates established i'll June.
New YORK, Dec. 3.-Among Havemeyer's
were Gov. Tilden, Peter Cooper
and Thurlow Weed.
CHICAGO, Dec. 3.-The representatives Of
the railroads here have abolished the free pass
system to take effect January l, 1875.
NEW YORK, Dec. 3.-Phelps was defeated in
the Fifth New Jersey District by two votes.
NEW 4Ohh, DCC' ., A>ocns-OoItOIi-Spot VWSe
and steady; Ordinary lis, Good Ordinary 49,,
Low Middling IA, Middling 14I, Middling Ala
bama Ia, Mlddll1g Orleans 49,.
Futures steady Low Middling for December
"A 11-16, forsJanuary IS, for February Is SLIGO
155, for March Is l1-l6, for April Is 15-l6, for
May 16 3-l6@ l6I for June 164@l6 GIG, for July
16 1l-16@ 164.
LIVERPOOL, Dec. 3, 1890 P. W-Cotton steady.
Uplands ID, Orleans sgd. Estimated sales to-
day 5000 bales, 5000 of which were for specula-
md naoomhar nd TAI w chin.
mcnts from Savannah or Charleston, not below
Low NIiddng 9-16d.
LArER-2 Z. NJ. Cotton unchanged. The
sales to-day included $500 bales Of American.
LONDON, Dec. ,, 1880 z. M.--Consols = for
money 81 G91t, on account 81.
SOUTHWEST Pass, Dec. 3, Noon. - Barometer
30:25. Wind E. N. E., light
Arrived: Bhrk Avoncale, Doyle, master, So
lays from Rio de Janero; bark Sea Gem, Jones,
master, IS days from Rio de Janeiro.
Schooner John II. krantz. Pitcher master, 16
lays from Boston; schooner j. q. Whpple, mas
;er. days from Jtiia.
No departures.
The towboat Heroine spoke the ship Pensacola
asst night Off this pass, bound to Mobile.