The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-07-22
NEW-YORK
THE GOVERNMENT NEW LOAN.
HENRY WARD BEECHER ON
THE ORANGE PARADE
QUESTION. TIJ
THE NEw LOAN.

New YoRE, July 2l.-The records in
the treasury department show that up TO
Yesterday siIty-ssven million Of the new
funded loan have been subscribed for
This saves the government treasury in an
nual interests the sum Of $670.oo0. Should
Secretary Boutwsn expand one years an.
terest in placing this loan an the market
he will then receive . saving interest Of
six hundred and seventy thousand dol
lars annually for nine ysafs. Therefore
the statements that the government would
sustain loss by the loan are inconsider-
ate and erroneous.
The Tribune's
FINANCIAL
article says continued threats Of . rupture
between the northwest and St. Paul
people leave but little doubt in the gene
raj mind that former harmonious relations
will be restored only when their ultimate
object shall have been attained. The pub
lie will do we'll however to leave the quar-
rel to be fought between the interested
parties. New York shares went of at
10 2 per cent. better on considerable sales
but St. Paul was weak on Q light business.
There was unusual gossip about
LAKE SHORE,
the price seeking lower range. This
stock is looked upon by many as . test
lever Of the market, and It is thought that
the course of future speculation rests in q
great measure on the result Of the meeting
next Wednesday. 1t will be remem.
bered that according to their
last report it was only by strictes arithme-
tcal calculation that the company declared
an eight per cent. annual dividend, tho
precise figures rejecting about nine per
cent Ms the net -sssnings- on the capital
stock Of thirty y-Hve millions OF dollars.
Should the result Of the next meeting be 20
increase the capital 70 lAfty millions Of dol
lars by an additional fifteen millions new
issue, the question Of future dividends
would be At least problematical While
these considerations, may not govern the
contracting clique In their future actions,
yet II ought to. have weight viii future
purchasers.
Advices received here state Sir VIM.
Logan and his party who left ST. Johns,
Ne Wfounaland ON --,, ,..,.. o,r.I.f,I,
GEOLOGICAL sURvRrlNa KxPRDiTIok, Il
on the 18th inst, were eutirsIy cut OF on
their route by severs storm on the l4th,
which swept away the bridges and flooded
the principsl parts Of the only road they
had to travel on, 1t is probable that the
horses and baggage attached 20 ths lex-
psdition have been either lost or badly in
ured. The party are belieyed ~ be safe,
inasmuch - tbey were provided with por-
table gutts pevchs belts and 'oes canoe. ~
The storm has. done considerable dam.
age in and around The towns Of Topssil
and Hollywood, Of Newfoundland, aud II
is said 10 boz continuatton OF . hurricane
which blew over the coast Of Labrador
some weeks hlsgo, desssoying +, .8a6
fishing smscksi twsnty-thrse dwelling
houses, fourteen stores, and About, three
hundred thousand dollsIs worth Of drled
fish, and other property. g5..rf'., .., ~. z !
The number Of lives slready ascsrtained
a. Lost 10 ninsty-thres, and many more are
expected 10 be added 10 :hs dismsl record
A poor Italian, named Pictro Gsrds!la,
Of Troy. N. Y. Arrived in thi. city, few
Gays ago, Aa11sq-- aIov OFT Np9HY
n, sEARcH,xo Eps Rss ONLY CHILD,
q beautiful child ~ ysan Of ass, who bad