The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-11

which refused to advance on it until it shoul
be certified. It was sent to the Park Bank
which certified it, and then deposited it will
the defendant for collection.
The depositor drew against it, and drew
his bank account down to a merely nomina
sum. The Park Bank paid the raised checl
to the defendant before discovering its mis-
take, and then sued for the amount oyerpait
1854. The defendants claimed that, as the,
had parted with their money on the faith O
the certitication, the Park Bank must bear tn,
loss; but Judge Daily decided that, under thu
rule OF the Court Of Appeals, that certifca
ton only warranted the genuineness of the
drawers signature, and that the bank hac
funds to meet the check and that accordingly
the defendants were liable, and directed
verdict for plaintiff for 1888 SO.
The Financial Situation in New York.
The principal events of the week were the
call for S15, 900, 900 more Of the tive-twenties
OF 1862, the large loss of bullion by the Bank
OF England, and, as a consequence of the
latter, the furries in our gold and exchange
markets.
1t was known, by the London kilograms on
Tuesday and Wednesday, that the Bank Of
England was losing bullion heavily, and it
was supposed that an advance would GER
tainly take place in the bank rate at the meet
ing on Thursday. On the latter day, how
ever, although the cable reported loss OF
Il, 536, 900 in bullion for the week, no change
in the bank rate was announced, and this
still remains at 3 per cent.
The additional loss Of bullion on balance
was e48O, 600 yesterday and e199, 900 to-day,
but still no advance has been made, and it is
evident that the managers of the bank con-
slider the drain of bullion quite temporary and
exceptional The Bank OF France gained for
the week 80, 800, 900 francs in specie. showing
where the gold had gone, and it is now quite
generally understood that the whole move
ment was occasioned by the Offering of large
loan Of the city Of Paris-variously stated at
$50, 600, 900 to 375 100000 francs-to bid for
which deposits are necessarily made, accord
ing to the French custom, and the gold from
London was wanted for this purpose.-N. Y.
Financial Chronicle, 9Th inst.
| ships Letters.
The New York Daily Bulletin says:
'The Post-Ofice officials of this city bave
Of late made serious complaints relative to
the delivery Of ships letters. These are the
letters brought from foreign ports by vessels
| that do not carry regular mails, and they are
mainly the invoices, bills Of lading etc, ap-
pertaining to the goods on board The law
| requires that these letters should be delivered
at the Post Office before the vessel enters at
! the Custom House, for the reason that if this
regulation is complied with the merchant will
| have his letters delivered to him before his
goods are put upon the dock, and then, having
his invoices, ETC., he can recover his goods
Immediately without having them go under
general order, and thus time and expense 10
| saved. 1t is usual when the captain of
vessel endeavors to enter at the Custom
House that he take an oath that he has deliver
ed all mail matter entrusted to him, but it has
IN 70 hot oil &c Int Ia
regarded, and the entry is made before the
delivery Of the mail.
"Under such circumstances the merchant
is notified of the arrival of his goods before
he receives his invoices, without which he
cannot claim them.
ga notable instance of delay in this mat
ter occurred recently. On the 25th of Janu-
airy large sailing vessel arrived with gen.
eIal cargo, consigned to number of differ
ent parties. No letters were delivered, but
numerous applications were made for them at
the Post-Otfice. The goods went under gen.
eral order, and it was supposed that the in
voices would arrive by subsequent mail.
Much to the establishment of every one, the
ships letters were delivered five days later
Frequent complaints are made at the
Post-ofice relative to this matter and it is
now proposed by the officials to adopt some
remedy, although the Department is almost
powerless in the matter. The postal law
allows the captain two cents each for every
letter he delivers, but it would appear that
this is not sufficient inducement to punctu-
atty"
sport on Change.
For several weeks past the hog corner on
Change has borne numerous evidences of
artistic skill, in the shape Of laughable carica-
lures. On windowpane one morning, traced
in dew, was a remarkably well drawn reindeer
and sledge containing a mutfled-up driver.
There were glaciers in the background.
Underneath was written. "IIenry Gambs in
Lapland, hunting for the last hog" Shortly
after appeared upon the wall picture of an
enormous grasshopper devouring hogs as an
anteater would gobble up ants Underneath
was written. GA short hog crop; this was the
cause of it,"
Soon after this, Mr. Jump, Bessehl's artist,
sent down picture to the pork corner, which
caused a good deal of merriment. There
were grasshoppers in the back ground. In the
foreground the traditional "last hog" was
being driven into market, while in the right |
hand corner an operator on the "long ends
of the hog product was haranguing crowd |
of Changers, and informing them that it was
their duty to insist the hog crop was short. |
Yesterday, still more elaborate picture APP
peared, and one calculated to tone down the |
buoyancy of the bulls in lard
steam lard-making apparatus occupies
the foreground of the picture, and a lot of
bears are driving an endless procession of fat
hogs up an inclined plane and into the top OF
his steam boiler. From this apparatus the
ard is pouring into barrels and tierces, and
he fearful load is crushing the poor bulls
right and left. In the foreground is print.
i've hog mandatory in the shape of a thrifty
low and big litter Of pigs. In the left hand
corner is striking picture of the Chicago
of Commerce. This picture is ex-
,ellently executed, and causes great deal of
nerriment around the pork corner.-&. Louis
Democrat.
GRANT.
How He Takes JOhnsOn's Election.
The President is very fond Of going to the
heater, and it is very rarely that week