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Arrest of a Southern merchant in New York.

New York, Aug. 17.
--Thomas J. Serrill, a native of New Orleans, was arrested on the arrival of the Persia. He had in his possession £45,000 of the notes of the Bank of England, the proceeds of a loan for the Confederate States, and numberless letters and important papers.

[We are informed that the name of the gentleman is Thomas S. Serrill. He was formerly connected with the house of Lewis & Sterling, of Philadelphia, and is, we think, a native of that city. He has been in the cotton trade in New Orleans for the last five or six years, and is well known there as a large cotton speculator.--Eds]

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