, 1879-07-29
DULLING BONDS.

Jay cooke's Daring Operations in os--.tr.
n1ent Honda Whom preAt2ent Lincoln Was
AssnsaInntcts.
coTrrspordtnes indtnnapoHs .rauFn1t
suELBrvI1LE, Ind, JulY 25.--It hns been sh~
good fortune Of the 5ours.a''a correspe'e>4...
meet, prominent Quaker capitalist from prra.
uclphia who has been visiting relative In this
city recently, and who Is now on his way to Cor-
&rnl City, Col. whore he has extensive interests.
Ills homo is in one Of tho pleasant suburban VII
nges about Philadelphia, md IN tts bussncsa tlo
has had extensive denfings with Jay Cooke, tha
| banker, md during the War knew him very 10
| ttinately. 1n n pleasant conversation the other
day l'e related to your correspondent bit
Of the unxnttcu history connected With
the assassination OF President, Lincoln,
which esmo to him privately, and il
not known outside of tbs intimate
circle about JAY Cooke For this reason his
natnc, which would be g satisfactory guarantee
for the tsus, Of this story. will DO Withheld. It
bankers Of the East, and Is In overJ way rolla-
follows:
During tho War tt wilt be remembered that
bonds. The 730 bonds were Just being put up
| on the market through him.
It WA just at the most critical period Of tho
Rche!9a md t',o .s asvornms9ts ;9 stel!t hung bI
With every report from the scat Of war, md for
times werc mads and loat IN the Go'd.Room IN
Wall street every day: Il wa Saturday
va: sisslnE in q ear going @ y, from s'Ins lis
residence TO bis downtown ot1co tn phia-s
detph!a. A telegram was handed to him and 1t
at..iounced the assassination Of President Linz
eoln on t',s night before at Ford's Theatre, Mr:
Cooke read II aud then handed It 10 me Without
says.n, work. He reuained Ia Silent thought
until ho left tho car. The situation was erayo
effect the news would possibly have upon tho
credit OF the Government Ho had charge Of
the sales OF It's SECURITIES, and they must bov
maintained ut any cost to him. No ono knew
llfo Of tic nation as yet, md the nnttou would
hardly recover from tho shock Of the dreadful
Intelligence for some dnys. MI. Cookies rcso'u-
tim was soon taken. IN those dnFs telegraph
hc won't sono distance to find onc.
Tho ucarcst ona was at the
New York depot, a,A from there 10 selo-
country and 10 London to advance the price Of
Government bonds, which wero quoted Mt a lit
tie below par. half eeut nboya The quotations
mud after advisIng With those interested with
him, le tccgsaphcd the Secretary Of the Treas
ury, Informing him OF what he had done, and
asked tl'at .hc Government take action 70 aus-
tain him HI Lis effort to maintain tho bonds
upon the market lie received n0 answer, but
III the afternoon hc .elccruphcd his agents 10
n'iyancs tic price Of bonds quarter Of a ccpt
from Washington. saying Tint everything was in
confusion and tho Cab!nct could not be gotten
morning tleFe was 2 GENERALLY; fhaky
amounts Of bonds werc offered for saIo It ,ls
subscription agencies. These" wore bought IN
promptly by Dir. Cooke until he Ind pnrcI,ated
botwcnu aevsnteen aud twenty Milltp1is Of
l hf,n1A I'm AInnGnr htiennsH frpntru1lT
| pended n,.l tic hunks aud Stock markets wrEo
closed. In the morning Mr.. Cooke tccIynrn.d
bis Hgcnts to mako nholaer n4lyaacu uf lait .
cent. liz aiso trlcgrapi'ett, his br"ther, ln.''rY
u. CtIokc, at Washington, u. T., tn cot E'Ir-
nntec Of support from the toyctument- l.a:er
III the day distateh from the Secretary u! TIC
asas1s in1oIc r. M , in. o m Mpo Tu,y s !dy ny,
sale Of 7-;}os a1nountcn to t2.70l, ,yc0, ausl
They steadily Increased at prices at OF, u
little bclnw par. As soon Us men Raw sl1nt Jny
Coo}sb WAS taking nil thns was offered. and ttElt
: priccs wcrc firm nnl advancing, courage
! returned, md tic salea nlui prices Of honda
were maintained. remarked to Nj. Cooke
that lio hna been = taking great risk, at ,,as ia
sustained they would be returned from. Europe
, In slrll quantities n TO completely over'yheln
tho natiot, uIni II 1t could nut suatau itself and
was brokan down, II inat:crca lstle wl,as bor
, came Of his property. But, az 1t turned oul no
uur,ls came hack from Europe, alAl tho impetus
given them By his courss ran the quotations np
| higher than they han been betofo t!l9 qeatn OF
President Lincoln. The quotations Of 'Tueaday
wednesday, and Thursday following 'wore yer,
firm viii, tendency to advance. Rlid confidence
In The stability OF the Government nnd its sccuE-
t.Ics WAS fully restored. Mr. Cooko neYe'
taikcd about thts matter afterwards. Evcn Mr.
Ashurst, of ph!1Adesph!a, who is hlr. Cookc's
attorney, never knew Ut the trananction until II
! was related to hiu, and few othe1a, BY mo, In q
, Western hotel. atr. Cooke waa present, and. a.
Mr.. Ashnrst expressed surprise, he condtmod
the story. "
, COAL,