, 1879-04-27

The receipts from new licenses yesterda,
amounted to 81, 1S5.
The currency disbursements at the Gub-Treasur,
yesterday amounted to S33, 600.
The Internal Revenue receipts at Collector Har.
vey's office footed up only S13, 756, OF which
So, $50 for :axes on spirits. So, l73 for beer,
and 81, CAT for tobacco and cigars.
The preliminary examination Of S. B. Hayman
and John T. Shayne, charged with using the uanils
for fraudulent purposes. was concluded yesterday
before Commissioner Hoyue. and the parties held
to }aI o0' Deli sAe1 III oe''o' Oh Dbl lucy went
The Taylor condemnation case will be called IN
the District Court the first thin. Monday morning,
aud few hours will probably dispose Of 1t, The
Government is ready for the McArthur case, and
'applc-jacis ~ business. 1t Is expected that Nc
Arthur will surely be here By that time, and that
the trial will proceed without any further delay
It has not as yet been decided who will hear the
Custom-uou cases. but the prospect now is that
Judge Dyer, or some other Wisconsin Judge will
sit with Judge Dlodsett at the hearing. Govern
mcnt COUNSEL make the astonishing announcement
10 The Z bnara n e
will be put through Immediately after the Nc
Arthur case is disposed Of, and that the Custom
impossible say how long the trials will take it
idle at present to attempt to set any dates.
THE REASON WHY.
The banks are making q good thing out OF the
new $40 refunding certificates. The Sub-Treas-
ury yesterday issued SIS, 600 OF the certificates,
taken bF i,ank clerks, and not by the hardy sons
OF toll for whose immediate benefit the certificates
were originally put FORTH the ostcnsib1c idea at
that time being that they would provide an invest
ment- sure and certain, for small savings. The
cspe:c;ali99n7 esp:$ i97 has not been realized to anr
sh se sna es the bste ha
much machinery about the business, particularly
when the said investor would like to convert them
INTO cash OF something else. But with the banks.
and other large investors, it is not The banks
have been sending eight or ten clerks day to the
Sub-Treasury to bny the certificates. anu certain
insurance agent enabled to send eighteen young
men on certain day for the samc pereon. All of
this led reporter yesterday to look around and ask
questions, and Sec what it meant. 1t appears
that the maximum amount that any one per-
son can take is Slo0-worth, that is certidcates
sary for principal to send around several lleuten
ants, each OF whom gets 500 worth. Ten
persons in this way would get 100 certificates, or
on 100 certificates 81, 0o2. 74. Now, the express
charles on paekage of 200 certificates to Wash
readily convertible, in case the sender is bank,
and not 80 easily If the Gaze is otherwise, into
per cents at their face yalne. Adding the express
charges the tota! cost Of 100 certificates is ST.,
004.34 The ! per cent bonds having been with
drawn from the SUD Treasures and their sale
concentrated at Washington and the New York
banks, it has come to pass that 81, 900 worth
Of per cents. subscribed for at Washington,
il really worth on the market 81, OF. rs,
and the exchange Of 100 certificates, total cost
81 0o4- II cents. for ST. 900 worth OF per cents.
amounts just SILL for every w 81, 600. J. It is Oa
bcnefcent scheme, for the banks and the people
who have lots OF money and know Just how to
work 1t,-but for the men Of small savings it IL
something to be desired but not readily obtained.
The original idea of the certificates 1t would
scem, Is being somewhat perverted.