The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1873-01-17
LATE Nhws LIN bklLt.

Whlch eXhlDlts a remarkably successful specn-
lation on the part of Jay Gould in the London
Stock Exchange. For several days past Eu-
ropean cable dispatches have announced
number of failures among spectators there,
who have been selling calls on Erie stocks,
which il equal to selling stock short for de-
cline One large London house is announced
to have failed ON forty thousand shares. 1t
turns out that Jay Gould, jdst previous to the
Boston fire, sent a prominent Broad street
Spectator to London with letters of credit to
a large amount. with orders to quickly buy
calls upon an immense number of shares
The stock in New York had been depressed by
Gould by about ten per cent, and was made
to look very weak, to induce English specula-
tors to sell calls at cheap rates. No dispatches
were sent by cable, for fear of the operation
leaking out, and the market for Erie was kept
down until the return of the New York agent,
two weeks ago, when the calls were all secured
The trap was sprung, and Erie shares ran up
ten per cent. within two days. Goulds profits
in the London market are estimated at S.
100000.
The second Inauguration of President Grant
viii probably be the occasion of the most i'm
posing military display ever witnessed IN
Washington since the grand review of 1865.
The government troops stationed in that visin-
ity. viii for the first time appear in their new
uniforms. The force is however somewhat
small consisting of two batteries of heavy
artillery at Fort McHenTy, Md, one at Fort
Foote and one at Fort Washington, Md. The
Marine guards at the barracks and navy yard
viii also have place In the procession. The
attendance of the volunteer soldiers will
doubtless be large. several regiments from
New York and Philadelphia having already
signifed their intention of going there on that
occasion
San Francisco DISPATCHES from Yerka
saws: A party of soldiers with a wagon en-
route from Camp Bidwell to Captain Berrand's
camp, on the Lost River, were attacked by
about fifty ModOcs. Two soldiers were killed
and four wounded. Five mules were killed.
an1IiarS EiI1ad Gaa1Da6 No Indiana
were known to be killed. Gov. Booth is to be
asked to authorize the raising of 100 yolun-
teers. A telegram from Yerka says the Mo-
docs are being reinforced by struggling In
dams, that some of the Pitt River tribes have
Joined them. The Oregon volunteers will be
soon mustered out. There are two hundred
and eigty soldiers in the field, and taking those
required for escort and guard duty, leaves
emily SCI enty-five fighting men, and only four
teen soldiers at Fort KlamOth Reservation to
guard two thousand five hundred Indians.
Mortars and bombshells are to be employed in
storming the Indians strOngholds.
The scheme to create new class of Gov
eminent bonds bearing interest at the rate of
So. 65 per annum on the 500, or one per cent.
per day, convertible into currency at the will
of the holder, and the currency recoverable
into bonds, has been for SEINE time under con-
sideration bv the Senate Committee of FL
nance and it is understood that they will
shortly report bill to carry it out. 1t is
argued that the measure would tend to give
elasticity to the currency during times of
pressure, and be greatly preferable to the alb
solute power to expand or contract, which Mr..
Boutwell, desires vested in the Treasury De-
partment.
The Navy Appropriation Bill, as perfected
by the House Committee on Appropriations,
contains the following clause: That from and
after the 30th day of June, 1873, the term of
classes in the Naval ACADEMY at Annapolis
shall be six years instead Of four, as provided
by law and this proviso shall first apply to the
Il. =
and to all subsequent classes. The West
Point appropriation bill is not yet considered
but it is thought the number of cadets will be
increased to 40, owing to the increase IN the
House of Representatives under the new ap-
pOrtiOnment.
Augustin DAILY, manager of the late Fifth
Avenue Theatre, has negotiated with A. 7.
Stewart, who places the rent at a nominal sum
for the Globe Theatre, which he will shortly
open. Meantime the stock company are to
give performances i'll the country. The treas
urer of the theatre thinks that the fire was
the result of incendiarism. Days losses Will
reach hundred thousand dollars. He lOOses
over fifteen thousand dollars in dresses alone.
The time for filing claims for additional
bounty under the act of July %, 1866, giving
one hundred dollars to every soldier who
listed IN the army of the United States after
the 18th of April, 1861, for period not less
than three years, and received his honorable
discharge. or fifty dollars for two years enlist
ment after April IA, 1861, expires on the 31st
of the present month.
General Santa Anna is expected in Vera
Cruz during the month of January. The
Mexican Congress adjourned without finally
passing the ROsencrans project. An English
company has entered as competitor with the
Plumb and ROsencrans schemes. The Vera
Cruz and City of Mexico railroad has been
finished. and preparations on grand scale
are being made for Inauguration festivities
The Carlists have torn up the rails ON the
road between Miraude and BilbOa and between
Alasna and PampelOna. They also set fire to
a railway station with petroleum. completely
destroying it and made prisoners of the rail-
road officials. The employees of the north of
Spain railroad have struck work. and trains
have temporarily ceased running in conse-
quence. 90
The Secretary of War has sent t ~ ts6use a
report from the Chief of EngineE showing
that the probable cost of ship4e from
the Mississippi river, near its mOIfH to deep
water in the Gulf of Mexico, would be about
800, 900. The total amount that has been
expended or contributed for the construction
of the canal around the falls of the Ohio is
81, 1877, 462.
Agent Hosen. of the Express Company,
arrived at Washington with the express safe
taken from the wreck of the Louisville and
Nashville railroad disaster at Bowling Green.
The safe contains the charred remains of two
hundred thousand dollars in United States
bonds which Will be examined by the Treas
urer for redemption
The commissioner NTeneral OF the Land
Office is in receipt of dispatches reporting that
the land Office records, at Lincoln, Neb., were
destroyed by fire there; also that ali the re-
cords of the land office, at Dardeneles, Ark,
were consumed i'll the fire which destroyed
about half that town about a week ago
gencr4- ors=cl i,.sv rss4v,. Dy ten. Sher-
man announces that Maj. VIM. d. Whipple.
Assistant Adjutant General, and Maj o. NJ.
P"N limited States Engineers, have been ap-
pointed Ades-de-Camp on the personal staff
Of 41,s,I Of h. via TDI5
Dent and Horace Porter resigned.
During the prevalence of a thick fog the
barque Aurora from Accra, Africa, bound for
Boston. went ashore at Rogers Hollow. The
masts were cut away to ease the vessel, but
she bilged and filled with water. All
hands were saved. Her cargo consisted of
palm oil and gum copal.
The Postmaster General has decided that
families, firms or companies cannot combine
to rent post-Oftce boxes cOniOintlv but that
one box rent must be collected for each firm
family or company enjoying such facilities.
The book publishers are already forwarding
their text books for the Vienna Exposition to
the Bureau of Education. Each publisher
puts up his books in an elegant box, which,
when opened, serves as shelf for books, and
hears in large characters the name of the
house.
James l.. Watson, native of Savannah,
Ga, and Benjamin CrOwder. an Englishman,
have been tried at De Brugise. Hungary, and |
ment for remarks not considered compliment
tary to the Emperor of Austria and the latter
three months for resisting arrest.
hunting party of Pawnee and Sioux In
dams are said to have had severe fight with |
in the last few DAYS, on the Republican River, |
south of North Platte, Nebraska, in which |
several Sioux Chiefs killed. Troops are |
reported to have started from North Platte |
to preserve peace and protect the settlers.
At st. Louis Philip Bullinger, member of |
the Luthern Church and distributor of re- |
ligiOus tracts, has been arrested, charged with |
committing incest with his own daughter, |
eighteen years old The charge is made by |
the daughter, but stoUtly denied by the father. |
Prof. Baird. United States Commissioner
of Fish and Fisheries. has been informed that |
$4,000 salmon eggs will be shipped from Bre-
men, for introduction in the waters of the
great lakes. One-third of the eggs are a
present from the German Government.
Several persons belonging tie the Interna-
tional Society have recently been arrested in
Paris and the provinces. The police found
OTSini bombs in the possession of some of the