The Portland daily press., 1870-07-01
General News.

noon OF o. S. bonds and other valuable secur-
tiles to the amount of $4,000. The trunk
containing them had been brought to the Of
flee from the bank for the purpose of examin-
ing particular paper therein, and was then
placed behind the counter. Shortly after
wards stranger entered the Office and en-
gagged Mr.. Hambeton, the president of the
company, in conversation relative to the in
surance OF a house in Richmond, Va. Mr..
Hambeton lett his private room TO ask
question OF the cashier in the front office, the
stranger following him and leaving the build
ing Immediately thereafter the loss of the
trunk was discovered. Among the lost bonds
are $4,000 OF U. S. coupons OF 1864; $1,000 of
U. S. registered certificates; the remainder
consisting principally of railroad bonds. All
the bonds were of the denomination OF $1,000.
About I o'clock on Tuesday morning,
collision took place on the Hudson river
about four miles below Catskill between the
steamer Drew and the tow-boat Telegraph, by
which the latter was Immediately sunk. The
lookout of the Drew, it is stated, perceived
tow coming down plotted by the Telegraph.
Seeing imminent danger Of collision, he i'm
mediately signaled to the engineer to reverse
thS SuSiuO duu CuuCdtOlCu W VAIN shS eE
preaching tow of their danger. The tug,
however, kept on its way and an instant
thereafter the Drew struck the Telegraph with
her bow. The side OF the Telegraph was
crushed in, her boilers burst and she sank al
most Immediately. The crew of the Tele-
graph sprang overheard, crying for help, and
the canal boats in tow cut loose and diitted
crushing and grinding against each other and
doing considerable damage. The Drew i'm
medately lowered her boats and succeeded in
picking up the engineer and three others of
the crew, who were mostly asleep at the time
of the collision. The engineer was badly
sca'ded by the bursting of tie boilers. There
were ten on board the tug, the rest of whom
it is thought, were picked up by the canal
boats. The Drew sustained no injury beyond
the jar caused by the shock.
Long Island has again been visited by a
terribly destructive CONFEDERATION. The fire
originated on Saturday noon, from spark
from the locomotive attached to the freight
train on the Long Island railroad going east,
and spread in fearful manner, the flames at
first taking an eastward course, driven by a
light westerly wind. About midnight the
wind changed to northeast, and the flames
commenced to run south, towards Babylon
and the more thickly populated sections. The
alarm now became general, and as many as
500 men were at this time fighting the fames
Sunday morning found a track overrun two
and half miles east and west, and nearly
three miles south. At two o'clock Sunday al
ternOon the smoke was so dense that the in
habitants of houses along the course of the
fiery element could not remain in them. The
entire heavens were black as if dense cloud
OF smoke hung overhead. The roaring of the
flames, the sound of falling trees and the wild
shouts OF the fire fighters were Truly appal-
ling. Fortunately at this juncture storm
arose, and tor an hour the rain poured in tor
rents. At first 1t did not have much effect
on the devouring flames, but before half
hour was over it was evident that the village
oil Deer Park was saved. The men who had
been at work so long took new heart, and by
niehttall the fire was conquered. 1t is est-
mated that at least ten thousand acres of
woodland were burned over, aud the total
loss will not fall short OF 100000. Before the
shower Of Sunday there had been no rain in
the vicinity OF the confagration for upwards
OF six weeks, and everything was dry and bad
y parched, rendering the loss heavier on this
account.
The cable announces that work on the
Corinth canal will be begun at once. This
ship canal is an old idea, but the project now
ABOUT to be realized is OF recent origin. The
Isthmus of Corinth, through which it will be
e"'' WHICH SEPARATES the o'ui'S OF Atnens and
Corlnth and unltes the Morea with Attica, is
mo o aro o ohSt.ees LILIES .I w,ue, anu presents
trade of the Black Sea Tnrlsev Al. W;n ,no
and the Greek Archipelago, with the Med-
terranean coast and Southern Europe, it
opens more direct and more advantageous
canal will not be of as GREAT consennances to
the world as the Suez Canal; but, besides its
advantages to other regions referred to, it will
NC =. taaue ~ ahe countries whose commerce
ralter. The Istbmus of Corinth nosse @.o
many interesting associations from ancient
tlmes-on 1t are various remains OF antiquity,
celahratsd temnla 20 N mo anu traces .. tne
.o.l1a non' ny, was III renote uays an en-