Council Bluffs bugle. [volume] (Council Bluffs, Iowa) 1860-1868, 1868-11-12
NEWS SUMMARY.

1ssS ba4e% @soN@ W9W &3s-1s -
ssam spssue hours i,s adskUsas sf 0sW
okAq paper "a tas esty. ~
A Havanna latter states that On
the 10Th uIt. the Captain General re
csived Instructions from the Provis-
ienal Government to irlaugarate Id
Cuba such reforms as have beez
adopted In Spain.
Issrsundi, up 10 the 3iss, had kept
the despatch ~ secrek rs possible.
.Nameroas arrests are being made,
the prisoners, In most cases. being
supporters of the revolufionIsts In
Spain.
1t Is stated that I.ersundi oontem~
plates leaving Cuba for New York.
b Dstafis of the tghting lead to the
conclusion that the insurgents are
brave and determined. They are
said 10 number 5000 men, and aFe
favorable 10 independence or annex.
ation with the United States.
A Panama letter states that the
place Is undaF martial law, and the
sentries about the streets had orders
to fre upon all passsrs, and to fire
upon them il answers are not salts
factory.
The Secretary Of the Treasury has
decided that he has power to re-ss-
sue any legal tender notes that may
have been redeemed but not cancel
cd, provided the amount oatstand-
ing does not exceed $40 ,80O, 900.
This will obviate tine necessity oi
further sales of bonds or gold by the
Treasury, and enable the Secretary
to AFFORD substantial relief to ths mo-
ney market. Although aPposed to
any further issue OF currency, he
feels justified in resortiRg to any le-
gitimate means to relieve the pres.
ent critical condition of financial af.
fairs,
The President has proclaimed q
treaty between the United States
and Italy for the surrendering to
each of the contracting parties per-
sons who shall have been convicted
or charged with crimes Of other than
political character. The treaty re-
mains in force Ave years.
Great excitement on Wall street,
New York, it borders on tbs panie
of 1857, and threatens Its equal In
scope and disaster. 1t Is creating
apprehensions among the bankers
and has caused enormous depFecla.
ton in stocks. Railroad shares were
sold by the thousands and govern.
ment bonds by the millions.
Trade is standing still in every
direction.
The excitement on Wall street
yesterday was intense and without
precedent in the history of stock ex.
change.
The panic yesterday morning was
about as severe as ever known. In
the afternoon the buoyancy was
greater than at any time since the
speculative furDre for a rise about
two weeks ago.
The money market opened very
stringent at 7 per cent. on call, with
per cent commission, but closed
easier at 7 per cent. In currency. This
was occasioned by reports that the
bear clique had covered their sllarts
and were taking out naoBey freely,
which seems to be authentic.
The President of the Union Pacific
Railroad Company, having filed
with the Secretary Of the nhterioi
tivs required affidavit showing the
completion of a section Of % miles
of their road, extending to the 9O0tt
mile post, the Secretary has ordered
the Government Commissioners I;
examine and report on Il.
A special dispatch, 10 the LeaveIE
worth Times Gsd LbaservatiOe frorI
Hays City, the Both inst, says thGs
the Indians tore up the track severS
ty-five miles west of that place, nea
Grinnel station, throwing the loes
| motive, four box cara and ona coa@l
into the ditch.
The Cheyenne Argus of the ah
says, Masgrove, charged with horA-
stealing, was brought down fretn
Fort Steele, yesterday, In charge lol
Major Whittleson, and surrendered
into the hands of q. 8. CommissiSn-
er Kuykendali. The cpmmissiches
turned him over 20 the authorisies al
Fort Russell for safe keeping uatil
witnesses can be psoearea.l
The Rsess river ReusiHe, Of the
24th, has al account of ths sxpldior
thUugh carelessness, Of 1900 kegs d
powder On the 18th % the mouth d
IL mile kanyon, five miles east \
lGnvelly Ford. Most of the horse.
| and mules attached TO the wxonl
were blown TO atoms Several chi.
nese andan unknown man werB se
vereiy burned.
4 few nights ago, as the wekwsrd
bound stage VISA ascending Echo
Mountain, some Aftsea mllss west o.
Bear River City, 81 upset eesaEssd