The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-10-13
OBJ obafIesto,t 9ews'
; WEDNESDAY, OCTOBER ls, 1869.
NEWS OF TIE DAY.

lower. sales 3ZOO OdleS dI zo4C.
Goodwin Smith favors Canadian indepen'
dence, but opposes annexation: .
A number Of carloads of tea from China,
via San Francisco, have arrived BY rail at
Chicago,
Horace Greeley accepts the Republican
nomination for Comptroller Of the State Of
NawcY@kii s;o}eggc .rr,..
1rExtensivei arrangements have been made
for the exhibition of fine horses at the fairs to
be held in Virginia and North Carolina.
1t is stated that the great fire in the Dis
NAL Swamp, Virginia, viii result in the forma-
tdon Of a lake from three to ten feet deep.
The territorial fair Of Utah has been held
within the past week, and is reported grand
success. 1t took place at Salt Lake City.
There was a large popular meeting In Salt
Lake City, Friday, which adopted memorial
to Congress asking for the admission Of Utah
as q State -tlfaf ii.cs Ia, .iu ~ =
safiisS7s il stated that James Fisk viii soon ex-
plain who the high oficial is who has been so
often referred to as being implicated in the
gold movements. ,,,., si;Is - ..... !
Thousands Of colored persons are making
c0ntyaets in Louisiana for another year, and
'. by the Ist of January, it is said, every one
worth having will be engaged. -1.i
The Georgetown, D. c., Courier suggests
that Georgetown and Washington be consoli-
dated into one city, under the name, style and
titlesof George -washingtown.
Ia washington dispatch Of Sunday eve-
ming says; "Parties here In the Cuban intS-
est profess to have assurances from Secretary
Fish that the Hornet viii be released"
lit Is announced that the object Of the
Southern Commercial Convention Is 10 consult
as to the best means Of developing the COM
mercial and manufacturing interests of the
country, regardless Of the interests Of any par
ticllar section.
1.-The Greenyille (Ala.) Advocate gives an
account of the appearance Of Miss Josephine
HuttoHfas her own attorney in case before
the Circuit Court at that place last week. She
crossexamined the witnesses and made her
own speech. ''. -. ,-.-..-
The, Qpelousas Ga-l Journal says that
many s thousands of acres Of land have recent
" been sold in that section, and that there is
daily increasing tide OF immigration from
North Louisiana, Arkansas, Mississippi and
'-other places .ee-aA loaH'.~
'otAFather Hyacinthe is now on hisway to the
United States, where he proposes remaining
for seyeral months. His coming here, under
thepeculiar circumstances Of the issue which
he,hss made as q Catholic priest in regard to
the Gcumenical Council, will of course attract
attention TO his movements and action.
~ Letters from Macon, Ca, say-ehat the col
1ored residents around that city are now bring
inr in 10000 bales of cotton, worth s3,OoO,Ooo.
The letters speak very fayorably of the industry
of the blacks and state that the distribution OF
.somuch money among them will add greatly
ito thelflanded possessions. and relieve large
1bSdy who had been in want waiting forTthe
aEri51Irlisni bn3s@9ls- h-i .T1s't q t'oF".
cfThe southside (va) Times says that seventy
icolored persons passed Burkeville, Prince Ed
ward County, Virginia, for Mississippi last
yEeek,1 and that forty more from that county
fNoald follow to the same destination. t Rail-
road contractors from Alabama and Alssissip-
spti have engaged more than a hundred hundred In
oRichmond. bIt lsalso stated that forty or fifty
hleft Rockingham ifor. cotton-picking IN the
eSoutfi last week. This movement Is becoming
yEeneral. .2-ii ar3EGJf . ~ --
hha PostmasteriG General Cresswell has opened
negotiations with the British Postofice De-
II partment for further reduction Of letter pos
-tage between, the United States and Great
Britain BY the existing postal convsption,
= which went into effect on the lst of January,
rlS6s, the single rate Of postage for letters be-
tween the two countries was reduced from
-rtwentydomY to twelve cents. Mr.. Cresswen
vinow, proposes further reduction from twelve
SIX cents, to take eject on the 1st of Janu-
airy, 1870, which, he claims, is fully warranted
:. bythel present abundant means of transatlan-
tic steamship communication.
l!.a-uThe New York Journal OF Commerce, in
n some plain ltalkhtoa 'sneryous correspon-
: tientp who bought Southern State stocks low
and how gets frightened because they are lower,
gives a sound advice that ''no man should
touch a security ofshiis, kind except for such
portion of his surplus as he can afford to put
, away without anxiety in his place of safe de-
posit, and keep until it comes up to par and
pays its semiannaal dividend as regularly as
q the bonds qf the United States" The Journal
sayst SOUR, ,opinioniof Southern State stocks
. has not changed. We regard them as good ul-
y innate security, no matter what the price may
:" be to-day. Hthe3, shonId sell tomorrow at ten
cents on the dollar it. would not affect our
~ judgment of their value one iota. But we say
now, as we said before, nervous, timd peo-
pie, although they may be able to live for
awhile without the interest, should not buy
them even for, investment, as every impor-
fant change in the market price would be in
terpreted by them as indicative of some new
evidence regarding the ultimate security OF
their capital. 1t is because of these accompa-
nyine contingencies that the price is so low as
10 tempt buyers, But none should yield to
i thatinducementw who is likely to be kept awake
% at night when the price goes down"
" ~" The Baltimore Sun.c'ef' Monday, in an
nouncing the arrival OF the Hon: JEFF. Davis
" who reached that city by the steamer Balti-
more Ofthe N9Yth ea fsfniaFi n + Line on Thursday
go