Arizona weekly citizen., 1881-02-27

the funding bill, and that the chair man of the Committee move concur renee in the Senate amendments, to- getherwith the amendments agreed to by the Committee at their last meet ing (with one eXceptiUn), and the amendment adopted Dy them to-day he latter amendment, proposed by Conkling, is 10 ada tie following at the end of section J: {" Provided, that nothing in this act shall be construed to repeal UT in any manner affect or modify sections 52, 2O5, 222, 5223 and 5224, revised statutes" The amend- ment adopted at the last meeting ex- teHding the date mentioned in the filth secuon from July lst 10 September 1st, was today stricken out. Conger offered an amendment today 10 strike out the second five words, and provided further that section four of the act of June 20, 1874, entitled ''An act fixing tue amount of United States notes; providing for the dis lrIbuting of National bank currency, and for other purposes, be and the same is thereby repealed. The amendment was not agreed 10, but Conger was authorized by the Con- mittee 10 offer his amendment in the House before calling the previous question.
 Mills was also authorized O e. an amendment 10 kil., before The p,- viOus question is c. ed, the amrn-s ment in regard to the date, which W stricken out ty the Committee to-da u
 Tucker is instructed 10 get Ill { Speakers desk, and the question consideration upon the funding bill will therefore be raised as soon as the fundry civil bill Is disposed of
 After debate GoOde's amendment was adopted by S2 To 65.
 The Senate Committee on the River and Harbor bill recommend the fol- lowing alterations In appropriations {: Improving the San Joaquin river, California, S20,0O0 increase; Sacra- mento river, $3U, 1000 increase; Will mington harbor, S2l, ,0O0 increase !; Humboldt harbor, California, and bay, $40, 900.
 
 NEW YORK, February 26.-The stock market opened strong, from to 5 higher for the general list. Most of the leading shares recorded fur iher advance of from Ii tO ?, but be- fore long speculation became unsettled and feverish tone prevailed. Toward Il o'clock tine market became firm, with an upward tendency In prices. There IS still feeling of doubt and uncertainty, mingled win hope that the worst Is over. All agree, how ever, that the following Is q correct statement in q nutshell of the condi- tion of affairs: The Secretary of the Treasury can relieve the great strin- gency of the money market, or If re- lief can be found in any other way, stocks will advance; otherwise the market cannot hold Ip.
 Stocks continued to advance but not rapidly. At 12 2:30 the suh-Trea,- urer had bought $4,70O,0U0 in bonds.
 Money Is easier. The market is reported as closing firm at p. m.
 The Post says the highest rate for money this morning Was SIX per cent per anLum, and one per diem; now il issix plain.
 The weekly bank statement is of course unfavOrable, hut less SO than was expected. No NatIonal Bank to-day have deposited, to give up GIT culatlon, and Il looks d. il this busi- ness had ceased. Nei9 hboring cities, and even Montreal and London. are sending money here, and II Is likely the crcis is past.
 The Secretary of the Treasury has ordered to-day that $25,000, ,OO0 in- cluded in the one hundred Und first call. be paid, principal and iuteIe-t, on denand here, and this has greatly simplitied matters.
 The chances now are said tO be against the enactment Of the funding bill. In the event Of failure to pass the banks would probably withdraw their demands for the retirement of their circulation. Should 1t become a law the bank could net afterward give up nOn-circulation and cOntrac- ton would not be possible, and the prospects are therefore for a very easy money market from now Ou-
 The market continues generally strong. The entire list shows an ud- vancing move. Quotations are im- proving, ranging from about 13 10 ?.
 The PoughkeepsIe Banks.
 PoUenKEEPsIE, February 26.-The banks here will not surrender their circulation.
 Paying Bonds.
 NEW YORK, February 26.-The sub- Treasurer has been instructet to pay called bonds at his office the same as uncalled.
 Ohio Banks.
 NEW YORK, February 28.-The Ohio National Bank of Cleveland has just ielegraphed that it will retire from circulation notes amounting tO $500, 900.
 Murderer Hanged.
 ALBUQUERQUE, February 26.- Gaustine Qmltern, implicated in the murder of Col. Potter, brought in by a sherlti's posse, was taken from the jail by vigIlantes and hanged.
 stage Robbery.
 TOMBSTONE, February 26.-The stage from Tombstone to Benson Was stopped last night by two men about halfway between this place and Con- tention City. The express box Was taken, but lhe mail and passengers were unmClested. The treasure in the box amounted to about Sl35. Dep uty United States Marshal EarP and posse are after the robbers.