Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-04-22
NEW YORK.
The Stock Exchange Still De-
pressed.
The Rumors and Fluctuations Of We.
ferelay

The Rum0rs and Fluctuations Of Yes.
terday.
NEW YORK, April 2l.-A meeting of the
creditors of Capron & Merriam was held
this evening, at which it was decided that
the firm must settle ON the basis of all trans
actions made at the Board yesterday. 1t is
believed the firm will do so and resume
soon. Stocks were weak and feverish at
the opening, and prices declined !a24 below
last nights closing quotations, Pacific Mail
heading the decline on reports that the
President had signed the finance bill, and
that Comptroller Knox would Immediately
carry its banking provisions into effect
Later the market became strong on contra
dictions of these rumors, and prices adj
vanced saSt. After o'clock fresh break
of 1a1 per cent occurred. In the final
dealings there was recovery of the general
market on Washington kilograms that the
President would sign the currency bill
with an accompanying recommendation for
the passage of more harmonious measure
before the adjournment of Congress.
A Wreck of Last September.
At the first meeting Of creditors of the
atlantic Delaine, Company, at Providence
this morning, it was voted to place the
property in the hands of trustee TO act
under the inspections aud direction OF
committee Of creditors as provided in the
43d section of the bankrupt bill. The
amount of claims presented to-day was
twenty-one hundred thousand dollars.
Aping Nashville.
Jersey City and the HOboken fats are
deeply over1owed to-day. The occupants
of the houses are driven to the upper floors
and visits to stores are made in boats.
LibeI-The Rival steamship Lines.
An order of arrest has been granted by
Judge Donahue in the Supreme Court
chambers against Capt. Lamaire, late Ofthe
steamship Europe, on suit for libel brought
by Capt. Thomas of the steamship Greece.
Two Collisions OF the Batfery-A
Steamer Smashed and n Tug Sunk.
The steamers Electra and City of Boston
while rounding the Battery into East river,
both endeavoring to escape collision with a
feTTyboat, collided with each other. The
Electra struck the City of Boston amid
ships, bursting her larbOard boiler and
cracking her steam chest. Nobody was hurt.
The passengers of the City Of Boston were
transferred to the steamer Rhode Island.
The City Of Boston was towed TO her dock
where she will discharge and repair. The
Electra, which had her bow badly smashed,
returned to the deck and forwarded her
passengers by another boat tonight. Dur
ing the excitement in the harbor over the
accident, the steam tug J. J. Christian was
sunk by the tug Camilla while both were
going to the assistance of the City Of Bos-
ton. The crew was saved.
HOnOrs TO an English Hero.
The reception to Sir Lamberton Lor-
raide, al the Army and Navy Club tonight,
was a very fine affair. At about half past
| the guest arrived, accompanied by Capt.
! G. Jones, of the Royal Navy, and at pres
ent attached to the British Legation at
Washington. Capt. Lorraine was intro
duced to Gen. Hancock, President of the
Club, by Gen. ASpinwall, Chairman of the
| Committee of Arrangements. Gen. Han
cock, in rendering the hOSpitalities of the
! club, said he spoke for American soldiers,
I in saying that tine name of Lorraine would
be hOnored as long as noble deeds were
worthy of the plaudiis Of honorable men.
In reply, Capt. Lorraine expressed his
gratitude for the treatment he had received
| in the United States. He did not believe
in the twaddle about blood being thicker
than water, but he believed that the En-
glish and American peopleappreciated each
other.
Letters regrettinS inability to be present
were received from President Grant, Ad-
miral Porter, Secretary Robeson, Gen.
| Sherman and otller=. A iarse number Of
prominent men We're present.