The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-01-18

the Ninth army Corps Uaised. =
New YoRK, January 16.-The Er-
press says: The scenes in Wall Street
/ are now being sifted rather more, and
the bears this time are making their
/ appearance in public after long re-
tiremeHt, I'D they viii make an effort
at least to retrieve their lost fortunes.
Fhe leading hears have been secretly
at work for some time past In the
West organizing for the campaign in
railways through the Legis slaturesi an
several Western States. The frstef-
fort has been made by many bills, and
already bill has passed the Senate
which reduces the rates for passenger
travel on the railroads of that State to
three cents per mile. It is reported
this will pass the House and be signed
by the Governor. r
"A similar movement is on foot in
Iowa and Wisconsin,, and the bears
calculate this scheme will be success
full, and reduce the earnings Of the
western roads, and thereby depreeiate
the marketIvaiues on stock exchange.
1t is reported on the street that
some roads will increase their capital
stock for equipment, and 1T is rumOr-
ed that the NJ. s. Directors have al
ready authorized fresh issues for this
purpose The bears calculate upon
decentralization the bulls on any new
issues of stocks, and take comfort
from this
The foregoing is the bear campaign
as far as known, and it seems from
this, the bears are not to remain mere
passive observers of events in Wall
Street any longer. The bulls will, of
course, resist this attack of the bears,
and battle between contending forces.
This is the situation in Wall Street
at present, and we are likely to see
lively times in the immediate future
A number of gentlemen met last
evening, and formed the General As
ISOLATION OF Engineers in. America.
Branches are to be established in
every State in the Union. the object
being to improve all engineering
trades and professions.
Rev. DR.. Littlejohn is to be sconse-
Grated Episcopal Bishop of Long Is
land next Wednesday,.
Rev. Fred. K. ID. Huntington, OF
Boston, has accepted the BishOprick |
of Central New York.
4 Judge Dickey, as sub committee of
the Congressional committee of In
vestigation into the alleged election
frauds. is engaged in prosecuting in
quiries IN the interior.
The Albany Argus says the failure of |
Parker, Books Il Co., and of Pierre,
Brooks Il Co., of Springfield Center,
hop merchants, Is announced.
Tho l1a hilfffoc ara cFafol n ho m
wards of four hundred thousand dol
lars, and it is claimed they have ass
sets which will considerably more |
than meet their indebtedness.
Judge Ingraham to day ranted an |
order In the case of Blatchford VS.. the |
officers of the Merchants Union Tx |
press Company, that the defendants
show cause before him. on Monday, |
why the Receiver should not be ap- |
pointed. In another case, James III. |
McVickor against the same Company, /
Judge Brady issued an interlocutory |
injunction restraining them from \
transferring any property and from |
collecting the assessments recently !
levied. A dispatch from Albany says /
the Assembly once more, by vote of |
46 to 80, tabled the resolution pend |
ing for investigation into the affairs |
of the Merchants Union Company.
London papers announce that the |
agent of the Ohio Il Mississippi Rail-
road has issued the prospectus Of
small loan of f2O0, 600, mortgage bond, |
at seventy five per cent, bearing six !
per cent. interest, principal and inter-
est payable in full in gold, in London.
The money, it is stated, is required
for the adoption of the gauge con-
Meeting that Company road with the
Illinois Central.
NEW YoRK, Jan. 16.-A meeting
OF the Ninth Army Corps officers, and
the officers OF the Burnside Expedi-
ton into North Carolina. has been
called by General Burnside to meet
in New York. February 9Th, the next
anniversary of the capture OF Roanoke
Island. for the purpose of forming a
permanent organizations and taking
measures for general meeting at an
early day.