Daily Los Angeles herald., 1879-01-23

ferred. One of its provisions is
that when any of the National
Banks shall fail to redeem its
notes, or shall desire to withdraw
them, the Secretary of the Treas
ury shall sell to the highest bidder
the United States bonds deposited
to secure the same for coin or
Treasury notes and issue certifi-
Gates of deposit for coin or notes
thus received, which he shall de.
liver In exchange for notes Of the
bank of exactly the same denom-
ination and pay over the balance
of these certificates to the bank
which had deposited and owned
the bonds and these certificates
shall be receivable for public dues
and be redeemable in coin or Treas.
ury notes at the Uuited States
Treasury.
Taxin. HAtirsad Lands.
WASHINGTON, Jan. 22j.-The
Senate to-day passed the bill 10 de-
clare certain lands granted TO the
Pacific railroad companies by the
acts of 1S62-64 subject to taxation
by the States and Territories in
which they may be located.
A Buoyant stock Market.
NEW YORK, Jan. 22d.-Govern-
ments are weak and lower for old
issues, but Al and per cents firm.
There was nothing official from
| Washington up to the close Of bust.
ness in regard to subscriptions to
the 4 per cent. loan, but they were
reported to be over $l6, 100000. The
formation of q wealthy and influ-
ential syndicate to market the 4
per cent. bonds in Europe seemed
to stimulate the growing confidence
in the future Of affairs. Generally
stock speculation was character
lied by much buoyancy and the
entire list made further advance,
which was well maintained to the
close, prices in the final dealings
being in some cases the highest yet
reached.
Tho Billiard Tournament.
NEW YORK, Jan. 22d.-In the
fourth game of the billiard tourna-
ment Gallagher defeated GARNER
by score of 600 to $50.
The Reno Inquiry.
| CAICAoo, Jan. 2l.-Testimony of
Lieut.. Vernum continued: There
was some pretty warm work about
Reno's quarters, and for q time 1t
seemed as If the whole Indian vii
lage were about to advance on him.
Reno did not exhibit any remarka-
BILE conduct either for bravery or
GOODNESS. There was considerable
speculation among the Reno com.
mand regarding the whereabouts OF
Custer and whether he was In a
predicament, too. Witness at that
time had no idea that Custer had
been slaughtered, but believed the
Indians had driven him off and
were coming back on Reno. Had
Reno gone forward with his COM
mand to assist Custer, he would
have been obliged to go through the
Indian village, and witness did not
believe that could have been done
by either command. He did not
care to answer the question as to
whether the conduct OF Reno at
this battle was such as to inspire
his men with courage, but finally
said there was no cowardice in it.
There was some little demoraliza-
tion and great haste in the method
Of Reno's force in getting out of the
wood.
| Aothsr aad Child Kerosened.
SCRANTON, Pa, Jan. 22.-In
Hyde Park, on Monday night, Mrs.
Davis and her one-year. child
were burned to death by the explo-
sion of kerosene lamp.
Florida CsnvassinE Eo.rd Found
JACKSONVILLE, Fla, Jan. o.
The jury in the case of the Brevard
county Canvassing Board, for
making a false return of the late
Congressional election, brought in
O verdict of guilty, with o recon-
mendation to mercy in the case of
the Sheriff and Justice of the
Peace. The county Canvassing
Board and two Inspectors of the
late election from Alaehua county
were arrested to-day on the charge
of violation Of the election laws.
The Organization Declared Illegal,
BOISE CITY, Idaho, Jan. 22.-The
Legislative Council this afternoon,
by a vote Of 9 to 3, passed o resolu-
tion declaring the organization of
the House of Representatives lille.
gal. This is the body from which
the Republicans withdrew In a
body on the first day of the session
and which the Democrats organ.
lied without having a legal quor-
| um.
burned to Death.
ST. JOHN, N. b., Jan. Calvin.
OBrien and two sons were burned
to death in their camp, at Milbury
Brook, on Friday last.
Revolution I'm Venezuela.
HAVANA, Jan. 22d.-Advices
from Venezuela are to the effect
that a majority of the people have
risen in favor Of Guzman Blanco.
Blanco was momentarily expected
to arrive at st. Thomas from
Europe. A letter from Puerto Ca
bello, of January 3D., says the town
was in the possession of the revo-
lutionists and the fort in possession
of the Government.