The Osceola times., 1876-04-29
LATEST NEWS.
YOUTH AND WEST.

The Louisville, Paducah and South
western railroad, now in receivers hands,
has been ordered to be sold at time TO be
hereafter specified.
A new cotton mill will be built in
Columbus, Ga, with six hundred looms and
twenty thousand spindles. Its capacity will
be six thousand bales per year.
The supreme court of Louisiana has
decided the issue of two million FIVE hundred
thousand dollars Of state bonds to the Mobile
and Chattanooga railroad to be invalid and
unconstitutional.
Capt. Eads infsrms the jctty company
that the depth of water in South Pass varies
from fifteen and a half to twenty.eight feet.
The former depth is on the shoals, which will
have disappeared by the first Of May.
Diaz writes to Antoine, of New Or
leans, that he has four thousand men with
whom he expects to consummate the revolu.
ton begun under his name at Matamoras.
lie says he will begin at once his advance
upon the capital
The proprietors of the Missouri state
lottery have brought suit against the board
Of police commissioners of St. Louis, asking
100000 damages for breaking up their bust.
ness by the late raids upon their Offices and
seizure Of their property.
The Nashville life insurance company
and the Odd.Fellows' widows and orphans
life insurance company have both been sus-
pended by the state insurance commissioner.
The available sssets of the Nashville life
were $2s9,s75; liabilities, according to the
act of 1875, S9ls,760. The company pro-
poses reinsuring the policies. The available
assets of the Widow and Orphan Life, $685.
900. The liabilities are over $40O,OO6.
The New Orleans Times says the break
at Bass levee, in Carroll parish, is mile
wide, and the water is flowing through with.
o, making a ripple. The loss there is tire
mendous, and il is estimated that it will
reduce The crop fully two hundred and fifty
thousand bales. This levee is the largest
protection levee in the state of Louisiana.
On the Mississippi side, at Buck ridge, the
breaks will devastate Bolivar, Issaquena and
Warren counties, and the loss will be equally
as large as on the opposite side.
A heated fight is raging in west-bound
passenger traffic out of Cincinnati. The
contest is carried on by the Ohio and Missis-
sipp and the indianapolis, Cincinnati and
Lafayette and Vandalia lines. The latest
reports were that round.trip tickets from
Cincinnati to Kansas City were selling at
twelve dollars; to Omaha, thirteen dollars
and ifty cents. Fully as heavy reductions
are also made TO many other prominent
western points. The opinion prevails that
still lower rates will be offered before the
war is over.
The Charleston Courier finds that
northern manufacturers Of fertilizers have
made large shipments to southern ports.
These have generally passed into the interior,
and, in some instances, were offered at un-
usually low rates. But the greater part OF
the shipments are believed to be in the hands
Of agents awaiting buyers. The Courier adds
that the planters are poor; that the tendency
year by year is to rely more and more on
small grain, and to make cotton an incident
and not the main object of the years work,
aud the conclusion is that they who count on
a big cotton crep, because of the shipment 81
fertilizers this season, will surely be dsap.
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