Los Angeles daily herald., 1875-07-30
EASTERN NEWS.
The BOwen.Eagle Libel Case.

NEW YORK, July 29th.-There was n
rumor to-day that the libel suit of II.
G. Bowen against the Eagle is likely
to bc settled without further litiga-
ton. The examination of witnesses
was continued to-day.
still ln Jail.
Joseph Loder, indicted for perjury,
is still in Jail, his friends having been
unable to furnish bail.
The Turner Forgery Case.
CHICAGO, July 29th. - The Turner
forgery case is progressing slowly, the
attorneys contesting every inch of
ground, and decision cannot possibly
be reached in less than week. The
defense is very much encouraged by
ruling of the Court which breaks the
weight of Reds testimony. This
witness claims to be an accessory to
the fact, and has turned States evil
dence in order to escape the penalty Of
his long career of crime.
Chicago and Duncan, sherman a. Co.
Nearly month ago the Controller
of Chicago sent to Duncan, Sherman
& Co. 500, 0,OO0to pay the principal and
q considerable sum besides to pay the
interest OIL city debt held in New
York. The opinion of the Law Dep
uty has been asked by Controller
Hayes as to whether the city must
stand the loss. The opinion is that,
inasmuch as the money was placed in
Duncan, Sherman & Co.'s hands
about thirty days ago, that the hold
ers of the city bonds had time enough
to be notified of this fact, and so the
bondholders must be held liable, as if
the amount was their own deposit
with the firm. Still it may be doubt
ful whether those who had not been
made aware of the deposit and drew
the amount due will be responsible,
and the city not. In view of this, the
! Comptroller will call the attention of
| the Council to this matter, asking
them to decide whether he shall con-
slider the city or the bondholders the
| losers
Important Case Decided.
In the quo warranto case, being that
OF the Chicago Citizens Association
vs. the city officers, to prevent them
from acting under the City Incorpora-
tion Act Of 1872, adopted at the late
special election, Judge Farwell of the
Criminal Court to-day decided against
the city officers, thus virtually pro-
nouncing the election by which the
act of 1872 was adopted null and void.
The city officers will now appeal the
case to the State Supreme Court. In
the meantime, continuing to act un-
der the disputed charter.
A Fine Horse Bought.
1t was rumored on Change to-day
that $. a. Kent, ESQ.,, President of the
Corn Exchange Bank and President
of the Chicago Packing and Provision
Company, had purchased the noted
trotting horse Bodine. The price is
private, but is placed by knowing ones
ut $780, 900.
The Markets.
The grain markets to-day were more
steady than at any time within the
past two weeks, and ruled weaker de-
Ginning at the close to the lowest fig
ures OF the day, and decided reduc-
tion being made on both wheat and
corn. business was only moderate,
and principally of speculative char
acter. Other grains were quiet and
barley steady ut yesterdays quota
tions. The grain-trimmers who have
been receiving 81 per thousand BUSH
els, are now after 81 so per 1000, and
il Is probable that they Will get It,
More about those Commissio ioners.
LONG BRANCH, July 29.-At 10 o.
! clock this morning the commission