Mower County transcript., 1871-06-29
GENERAL NEWS,

Military Department, leaves hero to. day. nc
compan'cd by Mr.. W. II. Wood, for Chicago
where no will meet Capt. J. W. Barlow, tn,
oh'e! Engineer Of tho Department of the Mis-
s'o''' ana organize party to proceed to tho
"'"a waters OF the Yellowstone river, for tho
purpose OF exploring that noted section of the
country. Captain Barlow will have command
OF the expedition, They will leave Chicago on
tuesday next and proceed to Salt Luke or
Corrennc. From thcro they 20 by stage a
distance Of 45o miles, to Fort Ellis, whore,
With an escort from the Fort, they will 20 to
the scene OF their luhors on horseback. The
party will number about 20.
lhc'r Intention is to make a thorough OK
ploration and examination of the Topography,
theology and Botany Of this famous region
some % miles square, that has never yct been
explored. The whole country is volcanic, o.
cuPylnS an elevated position somc 1000 feet
aSo'e the , sea. The report of their researches,
"h!ch VIII be mado to tho War Department
and published, will be exceedingly interesting,
and VIII be looked for anxiously by all lovers
OF science. We understand that Photo
srnphic artist will accompany tho party, to
obtain views Of the country. Tho expidition
will probably be absent some two or three
months.-Pio"ecr.
| telegram from Sioux City dated the 2od.,
gives the following information:
We learn from tho clerk OF tho steamer
kounts. who has just arrived from up the
river, that the Indians in the vicinity of forts
Berthold and Buford arc still very trouble
some. On the 10th inst. q hcrder named
poscy was attacked about mile from Borth-
old, and badly wounded three times in tho
thigh The indians drove off his cntiro herd
OF cattle, Numbering twenty five.
baud ofSioux attacked a party of soldiers
and wood choppers on the 18th, three miles
above Fort Stevenson. Ono soldier was shot,
from the effects Of which be is not expected to
| recover. Tho Indi ms ran of all tho cattle
belonging to Government Agent McSlulby,
Troops from Fort Stevenson arc on their trail.
Tho maraudins bands will cause much
trouble, it is expected by the engineer corps Of
tho Nothcrn Pacific Railroad in running thoir
| Inc through the up river country. The In
dians declare they will not tolerate tho con-
struction Of the road through their country
and are throwing every obstacle in the way Of
preliminary survey Of the line.
JErr' DAVIS, tho other day, was tho guest
of the gentleman who now owns his former
plantation in Mississippi. The gentlcman's +
nsmo is Montgomery, and he was formerly a
s!nyo of JEFF. Davis, and is shrewd, intcli-
gent and thrifty planter. JEFF. showed his
aristocratic breeding by allowing his host to
wait upon him at breakfast and dinner with
out sitting down at the table with him
1t is annouuc ID that email black worm has
made its appearance at Fort Dodge, Iowa,
which makes Il special diet on the larv~ of the
potato bug. 1t is regarded as a sign of prom
ise if the worms will only multiply in pro-
portion to the bug, and fthry do, and effect a
thorough determination, the next question will
be, what is to cat up tho worm? Nature
sometimes makes curious provisions, aud per-
baps this is one of thom. Tho farming COM
munity ore ready to give up the bug and take
any reasonable chance on a new pest, especial
ly one that will not regard the potato vine as
along the worms
The excitement Of the New York Stock Ex.
change on the 2lst., was fully equal to that of
the famous Black Friday, about the nrst dny
Of April A combination was formed to forco
price on Rock Island stock and get a corner
on tho bears. Tho principal men in the oliuue
were VIM. S. Woodward and John F. Tracy.
President ofthe road. Starting from tho price
of ~, they gradually brought Rock Island
stock till yesterday morning it cold at l30 |
The capitol stock of tho company amounts to
Sl7,O0O,OOO, in 17O,0u0 shares Of $lO0 each.
On Tuesday afternoon Woodward had all the
arrangements completed for making m enor-
nous sum of money. 1Io and his clique had
actually bought $4,000 shares, lO3, 900 more
than have ever been issued, and had all gono
: ght, tho dealers who have sold short, would
navc been at their mercy, and would have been
to submit to any terms they chose
20 offer. "But there Is many slip 'twixt cup
md lip MS Woodward found to his cost. All
lay on Tuesday he had taken evory share that
vas offered, and towards afternoon he became
little suspicious Of sellers. lie was under
engagement to put up large amount Of mar.
gin. Yesterday morning tho clique wcro to
urnish him with million dollars to pay this
margin. On Tuesday evening, in s)mpany
With brokers Scott and Strong, be visited 50, c
lis horror and amazoment that the Sl,OUO,0 0
would not be forthcoming IN the morning. So
ittlo was this result anticipated, that at the
pening OF tho Exchange yesterday morning
Rock Island stock was quoted at 1901. A.
oon as the trouble was known an indcscrb
BILE confusion cnsucd. Inevitable ruin stared
loxcns of mon in tho face. Many others had
o contemplate heavy losses, and get out as
'est they could. Their shouting, yelling and
ushing about was more characteristic of
# lunatics than Of staid business men, Soon
'ftcr the board was called, several members
'hicially informed tho Vice President that
hey must fail, and desired that their stock
night be sold out under rule. About $',OOO,-
100 Of stock was sold out in this way, lowering
he market price from 800 to Ito. In less
han two hours nine Of the dealers, exclusive
# Woodwork. wero publicly announced as
allied. Woodward will undoubtedly fail in
act, he has virtually failed Four of the
irms already declared failed have informed
ho Vice President that they arc unable
o fulfil their engagements in consequence of
his default. Scott & Strong, Woodward's
brokers', are not affected by the catastrophe.