The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-05-30
rsaeerapA news.

Telegraph News.
wAsHnoroa, Nay 27.--An olReial lssts,
from Cape Devsrde says the crops, though
not abundant, are sufficient to kssp The PEG.
pie from actaal want. More than 1000 ia-
habisants 10 the lslands and Archipelago
have fallen Victims to cholera.
Nrw ORLEANS, May 2T.--The Empire City
reached her wharf At e'cloos. Ten shoas-
and people were present. Gen. Walker 30.
ccmpanied by Col. jacques, Mr.. Hatcher, and
1 Mr.. Turner, Agert Associated Press, pro.
ceeded In carriage TO the st. Charles Hotel
where Walker spoke, expressing his thank.
for the kind reception, rsesgnising in their
manner the American love tor liberty, and
assured them that victory was still sure
The greatest excitement exists in the city,
the St. Charles 10 besieged by thousands--
Walker spoke twice--the reason be surren-
dered WAS because Capt. Davis signi6ed hh
intention OF seixing the screw steamer Gran
ada which held Walkers reserve.
Walker was kept prisoner BY tho United
| States Commodore at Panams, notwithstand.
| ing the terms Of which allowed himself and
| officers to retain their side arms and liberty.
Lieut.. Strain died at Aspinwsll on the 10th
inst.
WASHINGTON, May 28.--Mr. Keytt, State
attorney for this district, informed the cir
cult court this morning, that the Government
does not dcsire to 0etAln Mr.. jerks, Consul
to Navigator's Island, in custody on the
charge VI piracy preferred against him BY
Van Camp, Is the warrant for his arrest wa
obtained From justice OF the peace without
counsel or advice from any officer Of the
Government or U. S. Court.
LOUISVILLE, May 27.--Ths American Con-
vsntion 1t Lagrange has nominated Hamph'
rey Marshall Tor re- election TO Congress.
Two Of the rioters indicted BY the grand
jury have been arrested and committed TO
jail.
NgwARx, N. j., May 27.--A destructive
ERE occurred in this city this morning in oae
of the large four story factories Of the New
ark India Rubber Companies, used for heat.
ing or yulcani1ing the sheets.
The Ere originated from the heater and to
tally destroyed the building, with large
stock. The loss is about $l50, 900, partially
insured. Jacob Allen, foreman Of Engine
Company No. 4, and one Of the 6remen Of
j. Of. Allen, Fire Engine Manufacturers,
was instantly killed BY falling WALL
John b. Thorn, First Assistant Engineer,
was seriously injured, and his recovery is
doubtful.
CHARLESTON, May % The steamship lisa
bella has arrived here with Havana dates to
the 25th inst.
Sugar continued in demand. Quotations
we're unchanged. Stock at Havana 230, 900
boxes, and at Mantanzas $4,000. Mo!asses
improving, and held at Is reals. Muscavado
was scarce at l4}.
New YORK Cattle marx t..-M May ga.
Notwithstanding oil the drawbacks arising
from cold, storm and mud, and the non-dis-
position of butchers to buy at such high
prices, the average of the market was high
Or than we have ever seen it before but once,
and that was two years ago this month,
when some droves Of not very extra stock
were sold ut rates equal to Is cents a pound
for meat, and all FIRST class bullocks At over
IA cents. While to-day, some Of the very
choicest quality Of fat, heavy beeves do not
sell at over Ia cents. But on the other hand
we have seen coarse, thin cattle sell ~ high
as they generally do this day.
There is no such thing as equivalent value
for while ~ good beeyes as ever were fed
are selling at IA cents, the roughest old oxen
and tough old stays, and thin, coarse, bony
steers sell for l2(gl2} cents, and such as
will only pass muster with the wholesale
butchers ut l3c.
Tbs rise Of price compared with last week
is equal to lie. pound. We then advised
parties to buy, because we believed stock
was then cheaper than it would be this week,
and We gave the same advice to-day, in the
belief that the price will be still higher in a
week or two.
We base this opinion on one or two
pregnant facts, which in due time will prob
ably bring forth conviction to the minds Of
doubters.
For instance, it is estimated that the whole
number Of 2,lS3 head Of beeves at BULBS
Head yesterday sold for Nm average Of 500
head-all the choice bullocks at prices
equivalent to l3a or IA cents per pound, for
the net weight, and some st!ll higher. The
value of the meat, after taA ing out the price
Of hide and fat, 10 about two cents less than
the price paid on foot. good many cattle
ranged from $l20(9l58 each of which would
have been counted large price for horses q
few years ago.
We do not know what people are to eLt
we do know they can't afford to eat roas,
beef--And We don't see any immediate pros
pect OF relief from the present extraordina-
ry prices at which meat is necessarily re-
tailed; as the price Of cattle 10 not specu.
lative one, oocasioned by any monopoly or
combination to raise prices, bnt comes from
the legitimate source that governs demand
and supply. The supply in the country il
too small for the demand in the city. The
only relief is for I'll to eat less meat, or q
part Of US to 60 to the country and grow
what We eat. 1t 10 NO use to grumble.
Where then are we 10 draw supply from
until after grass furnishes il sufficient to re-.
duce the price9 We certainly cannot soc
nor can No see any prospect for sufficient
future supply, because eastern graziers an
quite precluded from the business by thu
present prices of stock, and western mer
many OF them been so completely eaten uE
this spring, that they are not in condition
to buy more cattle or increase their feeding
for another year.-(N. Y. Tribune.
Mercantile Faiiares.
| A spirited discussion has lately sprung NJ
in certain journals with regard to the justic,
and policy Of the weekly publication Of The
new bankrupts throughout the United State,
and Canada, which was initiated by the indie.
pendent some year or two ago. We mos
earnestly trust that this publication may h.
continued and perfected That il has don.
/ -. a., r.