, 1874-07-09

'4MB9M
ExcLusIvELY TO THE DAILY DISPATCH.
WASHINGTON. July 3.-Gen. Ketchum
called on the President at noon and
formally accepted the appointment Of
District Commissioners. He was select
ed after the President had consulta-
ton with Dennison and Blow. who said
the appointment would be quite agreea-
ble to them. The committee of army
officers appointed to select . model Of
equestrian statue Of Gen. Coca. Thom-
as. have agreed upon that des,gned BY
Ward, and will have the statute erected in
Washington if Congress or the District
Government makes the necessary ap-
preparation to erect pedestal.
New YORK, July 3.-The exact facts
As regards the withdrawal of large bid
for new five per cents, with which Wall
street was yesterday agitated, are stated
as follows: The Secretary of the Treas.
ury sent circular to all the prominent
bankers Of the country, inviting them
to submit bids for new five per cent. In
the mean time he received number Of
invited bids, and among them one from
Han Hoffman & Co.. which Was not,
however, the highest received. The
Secretary declines to accept any bid un-
til all have had an opportunity to make
their offers. In the meantime Han
Hoffman & Co. withdrew their bid, in
the interest, as is believed. of another
house. whose bid the Secretary was
strongly urged to accept at once.
CH1cAeo. July ga Washington spe-
cial says no announcement has yet been
made Of successor to Postmaster Gener-
al Cresswell. Indications are that G..
W. Schoffsld, of Pennsylvania, will be
appointed. A Philadelphia special says
that report is current there that the
President has rendered Postmaster Gen
eralship to John w. Forney. ~
All of yesterdy was occupied by the
U. s. Court sitting at Madison, Wiscon-
sin. in further hearing of application in
case of Northwestern Railroad bond.
holders. Arguments were made by ex-
Chief Justice Dixon and Assistant Attor-
ney Stein. for State, and by E. w.
Stoughton, for bondholders. The case
seems to turn upon two points: first, the
jurisdiction of the Court; second. an
alleged conflict between the Potter law
and the general Railway law. The
Counsel for the bondholders argued
that the passage Of Law dates from the
time when it il signed by the Governor;
that Potter law passed before general
law, and that section in the latter which
provides "for . reasonable and just
compensation, " has superseded the pow
er of making arbitrary rates which the
Potter law conferred. The arguments
in the case will probably be concluded
to>day.
NEW YosK, July 3.-U. s. Circuit
Court has granted An order to show
cause why an adjudication of bankrupt-
cy should not be made in case of Hoyt,
Sprague & Co. The petitioner is Evan
Randolph, of Philadelphia.
The Governor of Porto Rico has con-
ceded the use of government lands for
telegraphic lines. Weather reports from
St. Thomas, Barbados and Guadolope
to Majorica and thence to Washington
for signal service. Jewell. minister at
St. Petersburg. has accepted by cable
the Postmaster Generalship rendered
him this morning. Until the arrival Of
Jewell, Marsall. First Assistant, will be
temporarily appointed.
OMAHA, June 3.-The Union and Gen.
trail Pacific railroads have reestablished
second class fares, taken of two years
ago. Prices by second class express
train from this city 10 San Francisco,
Stockton, Marysville and Lathrop, il
S75; to Cheyenne. $2s; 70 Ogden. 60;
to Salt Lake, $50.
PznADrLPH1A, July S.-Lewis. trus-
zee Of the estate Of Jay Cooke 4 Co..
resolved letter from the President Of
the Oregon Steam Navigation Company
el closing . check for dividend on 81
500. 900 stock held fox estate, amounting
to $s7, 500 in gold. which was exchanged
for currency and produced over al. 900.
P1TrsBURo, July S.-Ernest Ortween,
who was convicted Of the murder Of the
Hammett family. WAS sentenced to death
Ortwsen seemed perfectly Indifferent.
manifssting no sign of emotion.
tHALrFAx. July 3.-Communication
with ship Faradsy established the fact
that she was greatly delayed BY fogs af-
ter leaving Halifax. It fs hoped thss
she will reach Portsmouth in a few
days. She left Torbay juno 80. The
report of her wreck wns sent to News
office by E. W. Chapman. of Halifax.
NEW Yozx, July 3. Overland railways
are reducing freight rates to San Franz
cisco Just before the departure of each
steamer and increasing them again af-
forwards. Steamers are consequently
carrying freight at $25 per ton.
Over $1,000 emigrants landed here
during June.
WASHINGTON, July SIT in reported
that some of the depositors in the Freed
mans Bank are selling their pass books
for less than the value either, from ne~
cessity or from the fact that the bank
examiner Meigs, after thorough exam-
nation of the affairs OF the bank, placed
its assets after deducting bad and doubts