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About Weekly constitutionalist. (Augusta, Ga.) 185?-1877 | View Entire Issue (March 9, 1870)
BY TELEGRAPH- I Asseoiated FP*» Dtwaiche.. WASHINGTON. W AsniNOTON, February 88—Noon.—In the 1 Sen te railroad matters were consid ered. In the House a struggle ensued over the exemption of pork packers from manufac turers’ tax. _ . _ Mississippi Is attached ft) the Department -of the Cumberland, under command of Gen. Cooke. It la rumored that Congressmen Gol la day and Deweea have resigned. The Supreme Court to-day, in the cotton cases appealed trom the Court of Claims, took the President’s proclamation of Au gust 20th, 1866, as the date of the termina tion of the war. This effects many cotton cases and Oiber litigations. » Washington, February 28—-P. M.—Rev enue to-'Yy, a t Isle over a million. Rev enue this February nearly two millions over last February. Work r 11; c v arions navy yards has been resumed.. * . FNMft® Revels has l>ech appointed on the Com mittee on Labor rod Education. No confirmations to-day affecting the confirm rAibn of’fltrongto thc'Sn preme Court was discussed for several hours. No action. The State Department has advices from Yoloh. ma that the steamer Oneida, on her way home, colldcd with a British steamer. The Oaeidn sunk. One hundred and twen ty lives Were lost- r In the Senate tTrfe fffndltg bill was dis cussed all day. The Senate went into ex ecutive scsMo i and adjt rrned. In the House bills were introduced ex empting farmers from trxes ns produce ■brokers. Butler, of Massachusetts introduced a joint resolution to collect wrecked and abandoned property and reclaim dues be longing to the Urltcd (states. The bill repealing the tax cn pork pack ers, afte • a struggle, was referred to the Ways end Me ns Committee, after striking out the amendment refunding money already paid. The following was adopted by a vote of 108 to 61; 1 Betoloed, That the best interests of the country req-ire sufficient revenue from Im prria, and such tariffs os will afford suffi cient pro.action to ct manufacturers and best promote the industries of the country. The resignation of Dcwees and Golladay, is announced. Indian appropriations were resumed. Beck Introduced a bill extending the time fdr bonding whl ky three years. No action. House adjourned. The Jud clary Coi -initteo gives Bullock a further hearing on Wednesday. Wasii.acr ton, March 2—Noon.—Grant and Bouuvell rebuked Butler for his at tack on tin- newspapermen of Washington, by their presence at the wedding of W. Scott Smith, this irornlng. The Senate did nothing. In the House the Whisky question was up. It will be allowed to remain iu bond at an additional gallon tax per month. Washington, March I—P. M.—Revenue to-day, over *500,000. The Foreign Affairs Committee of the Senate a uuln considered Cuba without ac tion. . The debt statement shows a decrease of *6,500,000. The Senate, i« executive session, finally confirmed Strong, and discussed Bradley, but finally adjourned with the understand ing (fiat the vote will l>e token tomorrow. In the de late Wi'sou Introduced a bIH for the better observance if funtlay in mili tary and naval lnstltut-ons. Lands to rail oads and the funding bill were discussed to adjournment. In the House, the Senate’s amendments to the postal route bill were accepted. The joint trsolutlon introduced yester day by Heck, extending to three years the time tor keeping distilled spirits in frond came up, the question being on Marshall’* amendment tolloopcr’s aubsritntc, reducing the amount to be paid After the first year from one cent a gallon per month to half a cent. Marslrll’s amendment was rejected by yeas 84 to nays 86. Hooper’s substitute was agreed to without division—requiring payment of one cent a gallon for each month after the first year. Waahbume, of Wisconsin, moved to lay the bill 01 tl c table,being a bill to suspend the collection of the tax on whisky for the remainder of this administration. The bill was not laid on the table, by yeas 62 x> nays 104. The bill ns amended w»s Mien taken up and passed without division. John H. Dewcen hrvlng resigned, was dispc od of like Whittomorc. There was a prolonged discussion with regard to corruption investigation as re gards past Congo sues. No action. Callis, past member from Alabama, seems im plicated. The Banking ami Currency Committee made majority and minority reports but they were not read. Adjjourr.cd. Washington, M irch 2—Noon.—The Election Committee will vote on Segar to morrow. The sub committee on the Louisiana elec tion will report to-morrow. The Reuse is considering the Little Rock Railroad. The Senate considered railroads. The disability bill still hangs in the Sen ate, Sumner having renewed the motion to reconsider, which Mr. Wilson withdrew. The Impression Is strong that the Senate Will confirm Bradley. Washington, March 2—P. M.—Revenue to-day, *7*2-000. The Committee on Printing have com menced investigating the charges against Public Printer Clapp. It is presumed in navy circles that some other vessel than the Bombay struck the Oneida and that both went down. Bntler will press the Georgia bill as soon as the Indian appropriation bill Is over. Bullock addressed the Senate Judiciary Committee this morning. The President to-day nominated Charles H. Lewis, of Virginia, Minister Resident to Portugal. The Benate confirmed Haynes E. Hudson as Attorney of the Western District of Ten nessee; John Eaton, fbr Tennessee Com missioner of Education; A r mis ted Burwell, Attorney for the Southern District of Mis sissippi ; William Hyatt, Receiver ot Public Money at New Orleans; lleury E. Myers, Register of I .end Office at Natchitoches; Charles 11. Prince I*osimaster at Augusta, tia.; Hirraan N. Wilson, Consul at Mats monu. Last Monday, the Senate lielng In execu tive k**«U>n, on motion of Sumner, the doors w«re opened fbr a nioinrat, and dur tng this unnoticed opened session of about a minute, he entered a motion to reeon aider vote mi the tswsafn of the so-call ed oiuuibu* disability bill, aad that mutton is atHI p< vJing. Tin- motive assigned fbr ibis n< (lou Is Li reach tju-casr of ci-Msnv tor CilngMtan, who Is among the number whoao ills .lilfillea are to to removed by this hill Whittoniotv says Irs fritmds In Mouth Carotin* have lanard for a a»rhs ,*f pub );# run tun* in his iflstrlii, wbl' it wifi i N , -Mwwaa-f by h'w In vludlnatioii of his con gas lig ths dufwaai al lb* ragvtah'p. '! to object is to arrange for his re-election to Congress. ... M m The Senate, in c teen tire semi on, post poned till the 21st Inst, the nomination of Bradley, as Associate Justice of the Su preme Court, by a vote of oO t0"26. This gives time for the passage of anew law, which will give Louisiana, Texas and Mis sissippi a Judge resident within the dis trict. Kellogg took prominent part in de feating the confirmation. The Judiciary Committee’s report states in effect that the Georgia Legislature of 1808 w's legal; that the government then organ'zed was permanent; that the recent rcorgan’zatlon of the Legislature was un wa. ranted by law: Ist. In the control and direction or its proceedings by Harris. 2d. In the exclusion from taking the oaths and from seats of three members elect who offered to swear in. 3d. In the seating of the persons not having a majority of the votes of the election. The committee feel justified in omitting to recommend any further legislation. In the Senate a resolution was introduced and laid over for future consideration, re quiring the President to communicate whether any measure had been taken to suppress the slave traffic on the coast of Africa. The funding bill was discussed, Sum in regard to the nature of the bond jn which the debt should be funded. In the House, the iudian appropriation bill was up, concerning treaties. Bntler said that since the passage of the XVth amendment all were unconstitutional and void, ft r;« WalmjfoTON, March 3—Nooll.—ln the . House the. St. James and Little Itock Rail road was recommitted to the Public,Lands . Committee, now considering an air-line . road hence to New York. The Senate is considering the judiciary bill on the amendment requiring the Asso ciates to reside within their respective cir cuits. The Election Committee voted 7 to 5 ad versely to seating Segar as Representative at Large from Virginia. Stevenson and Burdett report In favor of continuing Sheldon in his seat. Kerr re ports in favor of ousting Sheldon and seat ing Hunt. These reports go direct to the House without manipulation by the whole committee. Delegates from the Tobacco Association are hero seeking an apportunlty to argue before the Ways and Means Committee in favor of the resolution adopted by the re cent convention at Cincinnati. Government now holds one hundred mil lion of bonds subject to the sinking fund and the wishes of Congress. Washington, March 3—P. M.—-The House Committee of Ways and Means was directed to inquire into the expediency of exempting brlck-makcrs from manufactur ers’ tax, and exempting from revenue per sons quarrying blue stone. A resolution was offered favoring a heavy reduction on fruit brandy. The. air-line railroad to New York was, after a struggle, postponed. The tariff bill, ufter a contest between Bntler, who wanted Georgia, and Sclienck, was taken up. Brooks and Hoar’s speeches were much praised. Butler offered the Georgia bill as a priv ileged question. Farnsworth said Butler was unauthorized by the Reconstruction Committee to make a report. The Speaker said the difference between the gentlemen was one of veracity and not of order. Butler said : “ I am responsible.” The Speaker said lie must recognize the chairman—Butler. Bntler refhscd to be catechised by his colleague. Pending the squabble, the House ad journal. J ndge Bustced, of Alabama, departs to morrow to open the regular terra of court. The Territorial Committee have reported unanimously In favor of the confirmation of Dr. Bard for the Governorship of Idaho. In the Senate a bill was, introduced en abling Leavenworth, Lawrence and Galveston Railroad to extend a branch of their road. The bill changing the use of the Supreme Court circuit was considered. Willey ofifered an amendment, to dispense with the requirement that a Judge shall be resident of the circuit from which ap pointed. He urged that the President should bo allowed to make his selections from the nation at large, and not be lim ited to localities ; whereas, in the Southern Circuits, it might be difficult to find a man whoso loyalty was of a character to war rant his elevation to the Supreme Bench. Davis denied the right of Congress to interfere. No action. A resolution calling for the names of the States ratifying the Fifteenth Amendment was adopted. A bill for an estimate of the cost of re moving the obstructions from Bayou Teche, Louisiana, was reported with amendment. The funding bill was considered without action. Adjourned. Washington, March 4 —Noon.—The committees did nothing. In the House, pensions were considered. Georgia comes up after the morning hour. The Senate refused to consider the bill extending civil rights to the Chinese. The bill changing the judiciary circuits was resumed. The disability bill still hangs, under Sumner’s motion to reconsider. It Is learned at the Treasury that Bech tel, Gormley and the two Herwlgs will lie removed from the New Orleans Custom House. It will require stronger papers than those now before the Department to move Casey. Washington, March 4—P. M.—Snmner has withdrawn his objection to the disa bilities bill. Nowit undoubtedly goes to the President, who will sign It. Revenue over *500.000. Col. Chas. Blunt,of the Engineer Corps, is sentenced to suspension from rank and pay for three months and to be reprimanded In general orders. James N. Mason, of Arkansas, colored, has been nominated Consul General to Liberia. The bill reported by Robertson, from the Disabilities Committee, does not relieve per son* affected by the Fourteenth. Amend ment. In the House,after unimportant business, the Geo via bill was taken up and will to voteu on to-morrow. Ilntler, arguing on the bill, said Georgia, for the drst time, presented herself In prop er guise for admission, lie added, If the judgment of the House went with hla own, lie propoard to exhibit to Tennessee the power of Congress against wrong, rapine ami murder. Farnsworth, opposing the hill, said he understood very well the object of the bill. It was gol up ou the theory that the ad mission of (ho Georgia member* to the Fortieth Congress went for nothing, like i|tp Van Winkle'* dream, and that they were to i'Giip' back find In' sworn In for the Forty first Congress It was to prolong the tenure of ontiie of eettslu genllriueti In GiiirgU, and the hill might as well he eg, lit Ihc'beuato flu) CouiNitltue on ItUslilll tie* rsgotW ft kUI *U..stl*| tU IfW <!fi4 oath. A resolution of the Mississippi Legislature for the removal of the disabili ties of citizens of that State was presented. A bill to refer all claims for qnarter masie • and co.n.nissary stores furnished to or token by the United States, by loyal persons In the South dnring the war was considered. An ame idmcnt to limit the bill to a mere examination of the claims, and to refer all claims over five hundred dollavd to the Court of Claims, with power to diminish but not to increase the amount, were proposed. No action was taken. Adjor .ned to Monday. Washington, March s.—No session in tfic Senate. . „ The House Is considering the Georgia Currency balance, nine and a half mil lions. Coin one hundred and two millions including forty-four and a half million cer tificates. Washington, March 5—P. M. —Revenue, SSOO 000. The President signed the bill establish ing a number of post routes throughout the South. Customs for the last eight months show an increase of nearly *23,000,000 over the corresponding months last year. The President, accepting an invitation for the Fourth of Jnly, hoped Congress would adjourn before then. In the House Georgia occupied nil day. The, debate promises to be prolonged. Farnsworth and Beck opposed the bill. Beck offered n substitute that no further legislation is required. The debate was quite animated. Result doubtful. Adjourned. VIRGINIA. Richmond, February 28. —John C. Thomp son, deputy postmaster at the University of Virginia, was to-day sentenced to ten years’ imprisonment in the Albany peniientiary for robbing the mall. Richmond, March I.—The Senate the enabling act bill, (which goes Governor,) when the State offices n by military appointees will be filled by the Governor. Richmond, March 2.—. John L. Marye, Jr., was elected Lieut. Goverjor, and W. H. Ruff ncr, Superintendent of Public Education. The Republicans refused to vote in the case of Lieut. Governor, claiming the election as unconstitutional. Tlios. W. Roche, convicted of dealing in counterfeit tobacco stamps, was to-day sentenced to the Albany penitentiary for one year. Richmond, March 3.—A portion of the Manchester Woolen Factory was burned to day. Loss, *20,000. One hundred and fifty hands are Idle. Mr. Palmer, a prominent merchant, Is dead. Pktep.sbttrg, March 3.—Robert R. Col lier, a prominent member of the bar, died to-day. NEW YORK. New Yoiut, February 28.—The steam ship Chauncy has arrived. The Nlpslc is about departing for the Darien canal sur vey. The treaty between Columbia and the United States for the ship canal now only requires ratification by the United States. There was a slight earthquake at Pana ma on the 2d of February. New York, March 2.—Edwards whipped Collier In forty-five minutes. Collier was knocked out, of time on the forty-first round. New York, March 4. —Gold opened at 113%, the lowest e’nce the battle of Bull Rnn. Rochester, March s. —Several firms have resumed specie payments. SOUTH CAROLINA. Columbia, February 28.— The bill to pro vide a sinking fund for the State passed the Sopth Carolina Legislature. Under its prb vlslons one-sixth of the bonded debt of the. State will be purchased and cancelled dur ing the year. Columbia, March 2.—The South Carolina Legislature adjourned last night. The bill to authorize investment of trust funds in State bonds become a law. A proposition was also made to pay the interest on the State debt In gold. CALIFORNIA. San Francisco, February 38.—The steamship Golden Gate made a trip from Liverpool In one hundred days. San Francisco, March 2.— The passen gers, crew, baggage and treasure of the Golden City, totally lost near Point St. Louis, were saved. San Francisco, March 3.— Ten to fifteen persons are missing from Golden City. The passengers and crew are suffering terribly. LOUISIANA. New Orleans, February 28.—The steam er Mississippi, Bonthward bound, heavily laden with stock and Western produce, struck a snag at 2, a. m., to-day, near the landing at Waterproof, La., and sunk rapid ly. No lives were lost. The boat and car go Is a total loss. The cabin has just float ed by Natchez. New Orleans, March 4.—Auditor Wtckllflb was unanimously impeached. Gov. Warmoth has convened the Legis lature iu extra session, commencing on the 7th of March. New Orleans, March s.—Auditor Wick liffe has been jailed, in default of *50,000 ball. NORTH CAROLINA. Raleigh, March 2.—A bill repealing ail acts of the Legislature authorizing special tax on bonds or requiring taxes to be levied to pay the interest on these bonds has pass ed by a large majority. The House of Rep resentatives, by a large majority, has re fused to provide for any interest on either old or new bonds. Wilmington, March s.—An old shell ex ploded, wounding three uegroes; one fatal ly- M , KENTUCKY. Louisville, March I.—Silver mlues of un paralleled richness have been discovered in Grayson county, Kentucky. The ore Is found to contain a larger per centagc of silver than auy heretofore discovered. The mine Is almost Inexhaustible, and will be devel oped In the Spring. OHIO- Cincinnati, Mnreh L— The Southern railroad bill was defeated In the Keulucky Senate to day, Cincinnati. March ft.- Pendleton has tieen elected President of the Ohio branch of til* Cincinnati and Chesapeake Road, the casteru terminus opiswlie Uiiysnd'itts. ALABAMA Montiximshv, March 4 -Aii*i |su*iug ttti'Hly *#liilitty HUH' ruga*, making dlvotvr* and loaning iuv Mint* 1 * credit lo railroads, the |,s*i»Umii; FOREIGN. Havana, February 28.—The Bavaria has sailed for Hamburg. Santa Anna was sent to Nassau on a Spanish war steamer. Lo:tdon, February 28.—The Great East ern hrs successfully laid the cable between Bombay and Aden, completing communi cation betwee 1 England aud the colonies. Messages were received from Bombay dat ed to-day. Naples, February 28.—The failure of the bank at Scilla causes great distress throughout Southern Italy. Rome, February 28.—Hyacinthe’s secu larization gives general satisfaction. Amsterdam, March I.—The Bank of Holland has reduced interest to four per cent. London, March I.—Later and more fa vorable dispatches have been received from the British authorities at Yokohama in re lation to the coTs’o.l be-w en the steamers Bombay and O .elda. Details, however, are very meagre. Fifty-six of the officers and crew of the Oneida were subsequently picked up by small boats of the Bombay. It is thought that others, missing at last accounts, would ultimately prove to have escaped. The names of the saved or lost have not yet been received, nor is it kuown precisely how many persons were on board the ill-fated vessel at the time of the calam ity. ‘Paris, March I.—Notwithstanding the announcement that the Madri Gras festivi ties would be suppressed by the police, at this hour (1 o’clock) the Fafax Boeuf Gras ; procession has just entered the court yard of the Tuillerics. Great crowds of people are gathered on the line of march, but no ! disturbances of any kind have occurred. St. Petersburg, March I. —lt is report ed that J. McLearly Brown, Secretary of the Chinese Legation, succeeds Burlin game. London, March 2 Fifty-six of the officers and crew of the Oneida have been picked up by the Bombay’s boats. Another account: Yokahonyi, January 81, via San Francisco, March I.—The most terrible accident and horrible exhibition of inhumanity known in the East occurred about twenty miles down this coast at half-past six o’clock on the evening of January 24. The United States steamer Oneida, homeward bound, collided with the British Peninsular and Oriental iron mail steamer Bombay, Cap tain Arthur Wells Byere. The Bombay struck the Oneida on her starboard quarter, carrying awry her poop deck, cutting off her whole stern and running one of her timbers entirely through the bows of the Bdmbay at water line. Three times the Oneida hailed the Bombay with “ship ahoy,” “stand by” and “you’ve ent us down,” blew her whistle, fired her guns, all of which the officers of the Bombay say they did not hear, although gnus were distinctly lipard at this port, twenty miles away. The Oneida went down stern foremost in abont twenty fathoms of water, with twenty officers and fifty men. The captain of the Bombay did not stop to rescue those on board, nor did he, upon his arrival here, re port the accident or inform the authorities. The first known of the disaster was the next morning, when Dr. Suddards, surgeon, with fifteen of the crew, arrived here on foot. Only two cutters were available, and the officers, almost to a man, refused to take them while a man remained on board. Lord Rosesdalc’s bill to amend the Irish Church laws passed to a second reading. Gladstone dpposes the bill to aid emigra tion. The bill was defeated by 48 to 153. Much indignation was felt over the Sadler and Heath boat race yesterday, though the result was pre-arranged, for betting pur poses. Berlin, March 2.—Bismarck, In a long speech, opposed the abolition of death pen alties. The Reiclisrath, notwithstanding, voted for the abolition by thirty-seven ma jority. Amsterdam, March 2.—The Bank of Hol and has reduced Interest to four per cent. Underwriters still accept risks on the city of Boston at fifty per cent. Paws, March 2. — Later news from Para guay stages that Lopez, though somewhat weakened by desertions, still holds his ground against the Allies. Munich, March 2.—Count Brayben is forming anew Cabinet. Rome, March 2. — For the first time since 1850, the police permit masks at the carni val. Weather unfavorable. Havana, March 2.—The insurgent Gen eral Napoleon Avcngo, who originated the rebellion In the Central Department, has voluntarily surrendered to the authorities at Las Minas, with seventy men. He pro mises to come to Havana to confer with the Captain General as to the best means of ending the insurrection without further bloodshed. The rebels have burned some more houses at Incaro. A special to the Herald, from Havana, February 26, via Key West, March 1, says: “ A letter from Santiago dp Cuba, dated February 18, gives the following account of the trial and execution of a number of the Caban Junta of that city: “Eighteen well known citizens, charged with belonging to the Cuban Junta, were arrested and taken to an obscure place, at San Juan, fifteen miles from this city, where they were tried by court-martial and convicted of treason and sentenced to death. They were not allowed assistance of counsel or the privilege of summoning witnesses to their defense. They were all executed soon after their trial. Among them were two Americans, namely, John Frances Partronda and Chas. Danncry, a native of theUuited States.” Madrid, March 3. — The rumors of a for midable Carlist rising in the North are contradicted. Bremen, March 3. — The bark Leila M. Long, from New Orleans, with cotton, is ashore in the Weser. It is thought the vessel will be lost. Five hundred and fifty bales of cotton have been saved. Paris, March 3.—The magistrate whom Prince Murat struck has withdrawn his complaint. The Americans hold a meeting on Wed nesday in honor of Burlingame. Washburne presides. Specie In the Bank of France 12,000,000 francs greater than at the corresponding time last week. Prince Pierre Bonaparte has been noti fied to appear before the High Court to answer in the Victor Nolr homicide. The sessions of the Ecumenical Connell will bo n-snracd next week. The Pope Is confident of the success of the doctrine of lnflsllabllitv. Home, March 4 —The I’opc Is confident of carrying Infallibility. Havana, March s.—Later advices from the Insurrectionary districts confirm the report that Bcinbetta succeeds Jordan, who resigned, M A/.ATI. an, Mnreh s.—Vega entered Hina |os Ills nronnurlftuiento Ignores J oarer The revolutionists attacked the fortress at I Mssstlsn and wers repulsed, t'ol ('albeit* ha* pronounc' and In lavor of Vela. Gueril las «re traversing th« Interior or the Htate, i robbing tn llssrliulnstoly llamhii*,’ March fi "“The Halt* Mont’ iwMtor arrived amid the firing of gun* and I be rigging of belle lumhomwhio March fWTha Prussian' London, March 6.— Many vessels have been sept out to cruise for the City of Bos ton. She is still believed to be safe by the Inman Line authorities. Heavy gales from coastward have pre vailed recently. It is said there arc five -hundred vessels off Ireland which can’t get in any English port until the gales cease. No farther advance in premium. The Times to-day reviews and dis courages the ship canal over Darien. Paris, March s.—An official note says all persons arrested for the recent con spiracy have been duly interrogated. Those who refused to answer were imprisoned for contumacy. Os five hundred arrested, 74 remain in prison. MARKETS. London, March s—Noon Bonds, 90%. Tallow quiet. Common Rosin, ss. Cd.@ss. 9(1. Later. —Consols, 92%. Bonds, 90%. Liverpool, March s—Noon.—Cotton dull and unchanged, sales, 10,000 bales. Later.-—C otton closed dull; uplands, 11%; Orleans, 11%; sales, 8 000 bales; speculation and export, 1,000 bales. Red Western Wheat; 7s. 9c1.@75.10d. Corn, 275. Lard, 635. 6d. Paris, March s.—Bourse opened quiet at 74f. 42c. Havre, March s.—Cotton opened with a declining tendenoy; tees ordinaire, spot, 135 ; low middlings afloat, 131. New York, March s—Noon.—Money easy at Gold, 113%.. Exchange, 8%; short,9%. Bonds, 63; coupons, 11% ; Ten nessees, ex coupou, 56%; new, 45%; Vir ginias, conpon, 70%; new, 68% ; old, 73 ; new, 67; Levee 6’s, 73%; B’s, 82 ; Alabama B’s, 94 ; s’s, 65; Georgia, 6’s 82% ; 7’s, 92; North Carollnas, old, 45%; new, 20%; South Carollnas, old, 87; new, 79. New York, March 5—P. M.—Money easy at 4@o. Sterling, 8%. Gold active and higher, closing at 113%.' Governments quiet but firm; Southerns generally firm. New York, March s—Noon.—Flour without decided change. Wheat more steady and quiet. Corn scarce and a shade firmer. Pork dull at *25 75@27. Lard dull at14@14%; steam, 15. Cotton—mid dling upland, 22%. Spirits Turpentine steady at 45@45%.~ Rosin steady at |2 10 for strained common, and *2 15 for good strained. Freights dull. New Y ork, March 5—P. M—Cotton heavy; sales 2,300 bales at 22%. Flour rather more active; superfine State and Western, $4 65@4 80. Wheat lc. better; choice white State, *1 00@1 70; amber Tennessee, *1 33; red and amber Western, *1 25@1 30. Corn very scarce and lc. bet ter ; new mixed Western, 97@*1. Whisky unchanged. Pork shade firmer. Laid heavy; kettle, 15@15%. Naval Stores and Groceries quiet. Freights dull. Cincinnati, March s.—Whisky, 94. Pro visions dull und unsettled. Pork, *26 50® 26 75. Bacon dull at 11' (@11%; clear sides, 16. Louisville, March s.— Com, 93. Pro visions dull. Pork, *27 25. Bacon—shoul ders, 12; clear sides, 16%. Charleston, March o.—Cotton—net re ceipts, 876 bales: sales, 300 bales ; stock, 22,823 bales; market quiet and lower; middling, 21. Mobile, March s.—Cotton—net receipts, 1,169 bales; exports coastwise, 069 bales; sales, 800 bales; stock, 72,356 bales; market weak and declining ; middling, 21. Cincinnati Semi-Weekly Market. reported by MORRIS * REID, Produce and Provision Brokers, Boom No. 9, Pilte Opera Building, Cincinnati, Ohio. Cincinnati, March 2,1870. Provisions for the past few days have been remarkably dull, and all hog product suffered a decline. Orders from the South have been almost entirely suspended and, with the decline in gold, the market lias been completely demoralized, with no sign of life until to-day, when it closes with a general better feeling of firmness bat no advance. Dry Salt Meats— Shoulders, 10%; rib sides, 13% ; clear rib 14%; clear 14%, packed arid fully cured. Bacon— Shoulders, 12; clear rib sides; 15 and clear, 10 for spot, and 16% for clear, buyer’s option first half of April; sugar cured hams. 17%@18. Mess Pork'some firmer and higher prices asked; inside city brands of early packed held at *27; sales of country mess at *26 50. Lard—City kettled leaf held at 15, in tierces, for city brands ; prime steam held at 14. Whisky —High Wines firm at 94. Corn held firm at 74@75 for pure white or yellow in elevator, and 10c. higher to include bags; very little Corn arriving that is dry enough to ship. Oats —No. 1, 51@52, in elevator, and sc. per bushel higher to include bags. Flour —Market quiet; superfine. *4 25® 4 50; extra, *4 60@4 75; family, |s®s 75, and low grades, *3 50@4. Bates of Freight from, Cincinnati to Augus ta, Qa., tut Louisville Short Line Bailroad. Bacon, per 100 lbs., *1 12%. Pork, pcrbbl., *2 51. Flour, per bbl., $1 82. Corn, per 100 lbs., 77%. Grain and Oats, per 100 lbs., 83%. Morris & Reid. Augusta Daily Market. Office Daily Constitutionalist, \ Saturday, March s—l\ VI. J FINANCIAL,— We omit quotations for Gold and Silver, as the continued decline in New York has almost suspended operations in onr market. BONDS—City Bonds, 81@83. STOCKS—Georgia Railroad, 105. COTTON—The market opened with a fair de mand at 20%c for middling, but closed quiet at 20®20%. Sales, 233 bales. Receipts, 341 bales. BACON—Fair demand. We quote C. Bides, 18® 18%; C. R. Sides, 17%«18; B. B. Sides, 17%; Shoulders, 14%® 15; Hams, 21@23; Dry Salt Shoulders, 13® 13%; Dry Bait C. R. Sides, 17. • CORN—Id good demand, and Is selling at *1 30® 1 35 from depot. WHEAT—We quote choice white, tl 00; amber, tl 55®l 00 ; red, II 50® t 55. FLOUR—City Mills, new, 16 50®’J 00; st retail, $1 V barrel higher. Country, f*l®o, according to quality. CORN MEAL—tI 40 st wholvssls; It DO St retail. OATS *s®|l. PRAS—Mews aud selling at II *l®* 00. I New Masonic Tkmpi.k in Naw York,— I Ths corner stone of a magnificent Masonic ! temple, at the corner of Twenty thlnl i street ami Math Is to to la!4 on I tha lire! of June, Thu laid, which cost t 140.1*10, Is all paid lor, an>l by ,luu* Hi* _ anon# will haw cash on hmcl j with which to MflMicgae opto atoms The 'cost of Uh building la |4uMm lh»n>» I ytrly Im omc Is rs(!in*l' l lit (totori (from Norton, BUuffater * Cc.'a Circular. Cotton. New York, March 1,1870. Cotton.—Our remarks shall be brief on this occasion, aad we shall content our selves with pointing out in few words, the most conspicuous phases which the last month’s market has presented. We here in the outset confess that we have been deceived in onr calculations of a month ago, not then being prepared to ac cept the probability of the causes which have produced the last decline in prices, although in onr last circular we fortified our opinions against the charge of felse predictions, by alluding to the possibility pt a result which has unfortunately been realized. But there has been a stronger cause than heavy receipts for the severe de pression under which the market has suf fered, and this has been the strange and unaccountable decline in gold premium.— Who would have dared to guess (although guessing in this country Is a chartered privilege) that gold would rule down to 115%, with the prospect of a large inflation of the currency, and the recent decision of the Supreme Court on the question of ante beUum contracts and its legal results in view ? It is true that reasons exist to pre vent any decided upward tendency in the premium, but not of themselves sufficient, in onr opinion, to depress the rate to its present low figure. These reasons are pa tent to the financier and those familiar with the value of exchanges, and may be stated in few words: Ist. There is an ample supply of coin on the market, say over seventy millions of dollars, which unfortunately is a burden instead of a benefit to regular commercial operations, as, instead of bearing interest to the owners, it is taxed in the way of in terest for carrying. 2,1. The loss entailed upon the large im porting business of the country by the de cline in gold below the standard of the im porting gold value of merchandize is a check upon further importations, which consequently lessens the demand for coin, either for shipment in kind or investment in foreign exchange, and also curtails the demand for payment of duties. 3d. The large increase in our cotton sup plies, and the proportional exports of this article, which is the same as coin for pur poses of exchange, together with the lib eral investments in Government bonds by the capitalists of Europe, tend also to less en the demand and reduce the premium. These are the caly reasonable causes that we caa consider as bearing directly upon the question of a decline in the gold premium. On the other hand, though probably not sc potent in their immediate effect, but which must have an influence sooner or later, are the stubborn facts of an immense national debt—a still further probable in flation of the national currency—and above all, the flat of the supreme legal tribunal of the country that all obligations dating prior to 1862, whether individual or cor porate, must be discharged in coin. As already stated, cotton has suffered severely under the influence of the gold de cline, and also by the continued large re ceipts at the Southern por*s. which foot up for the month just past over 110,000 bales in excess of the same month last year.— Still another cause of weakness has arisen since our last regular review, and that is the increased estimate of the last crop to 3,000,000 bales, which lias rapidly gained ground in the belief of our people during the month, and which is not unreasonable when we consider the large excess in re ceipts over the same period lasc season— the large excess in stocks—and the con tinued large receipts, which indicate a large surplus yet to come forward. Under all these drawbacks and adverse influences, the late decline is but natural, though unpalatable to many. The ques tion now is, what will be the future proba ble course of the market ? It is a question which none can solve, but in which an im mense interest is involved, namely, the short interest to be settled dnring the next four months. The short sales of the month largely exceed those of January, showing that confidence in higher prices during the Spring months is still felt by the buying speculators. Tills confidence is based chiefly on a belief in an early reaction in gold, and on the gradually increasing con sumption abroad of American cotton. Manchester is doing a good und profitable business, with a prospect of its continuance, aud even increase, while the quiet and peaceful political aspect of the Continent is strengthening her industrial prospects, and calling for increased raw material for her looms. Thus Liverpool has been upheld in the scale of prices in spite of the large receipts and increased crop estimates on this side, aided in no slight degree by the late reports from India, that the supplies from that country have hitherto been over estimated, and that no more cotton may be expected from Bombay this year than last. In reviewing the season thus far, with all its concomitants, we have no reason to express any surprise at the course of the cotton market. A year ago Liverpool was ll%d. for middling uplands. A year ago middling uplands in New York were 29%c., with gold at 132, and commercial sterling bills at sixty days at 108%. Now, com pare these quotations with the present, and we see that cotton, placed on a gold basis, it only a little lower In New York to-day than it was a year ago. With the exception of the short sales, the business of the past month has been considerably less than in January, both in net receipts at this port and in actual sales. The exporters have been the chief buyers for the last ten days, the decline here giv ing them some encouragement, even at the low rate of gold. Our stocks include a very large proportion of low and unmer chantable cotton, which has been exceed ingly difficult to place, even at liberal con cessions, as being entirely unsuited to the wants of any class of buyers. Spinners have bought but sparingly, feeling confi dent of ample supplies, and speculators have confined themselves almost exclusive ly to contract operations for future de livery. The market closed yesterday dull and heavy under large receipts at New Orleans at the following .NEW YORK QUOTATIONS. (SPOT COTTONS.) Ordinary 20 Good Ordinary 21% Low Middlings 22% Middlings 23% Strict Middlings 23% Good Mkld lings 24% Congress and Prize Fioiitino.—Sena tor Wilson, on ths 29th, introduced in the Senate a bill to prevent prize fighting, which provides “ that anv person being s citizen, inhabitant, or resident of any Htate or Territory who shall, by previous appoint ment, arrangement or engagement made thereon, leave said Htate or Territory and engage In a fight with another person with in the limits of another Htate or Territory, shall, on conviction In any District Court of the United Htaies, to punished by lm nrieoninent not lee* than two vet re or by a fine of not lee* than (H,oon" A further section cn»ci» that any person present st such fight aa aid, aecund, or aurgeou, shall to liable, on convlelloa, to Imprisonuteiit for not less than one year, or a fine of not j. as thtrifl tori
