, 1878-04-10
LATEST NEWS !
EASTERN NEWS.
The Public Debt.


WASHINGTON, April 2.--The public debt
statement for March shows decrease in the
debt for the month of -, 3l3,6 GA and the fol-
lowing balances in the treasury: Currency,
S77l, S5l; special fund for the redemption OF
fractional currency $4,000, 900; special de.
posite of legal tenders for redemption of Ger.
tlficates of deposit, $50, ,5l5 COO; coin, $685..
357, sos, including coin certificate, S57, $685..
400; outstanding legal tenders, S347, ,S4S, 7l2,
Grand Racing.
LOUISVILLE, April 2.-Tenbroeck and the
California wonder Mollie McCarty, are to run
four mile heats at Louisville, July 3, 1878, for
$4,000. This will make the grandest days
racing ever seen in America M0llie McCarty,
her owner thinks. is able to beat any horse in
the country. The mare is to come to Louis
vile from California in Budd Dobles care.
Tenbroeck was never i'll better condition.
Walking Match Ended.
In the thousand mile walking match be-
tween Fisher of Canada, and Sidnam of Chi
cago, at ten o'clock to- night Fisher completed
his 700th in minutes and % seconds. Sid
nam has walked CSC.
Timber Bill.
WASHINGTON, April .-Sargent's bill for the
sale of timber lands in California, Oregon and
Washington Territory, was reported from the
Senate committee to-day with only one amend
ment, providing that the prescribed penalties
shall take effect in 30 days instead OF one year
after its passage, The committee did not in
sert any of the provisions suggested by the
California delegation for the relief of parties
recently indicted in California.
River ana KarbOr Appropriations.
New York, April 2.-The HeraWs Wash.
ington special says the following sums are the
chief items of the river and harbur bill so far
as the Pacific Coast is concerned: Oakland,
$50, 900; Wilmington, Cal, $50, 900; Sacra-
mento and Feather river, $1,000; Lower Will
lamette and Columbia rivers, $50, coo; Column
ba and Snake rivers, $4,000; canal around
the Columbia river Cascades, $4,000; Upper
Willamette river, $4,000.
War Risks.
NEW York, April 3.--As yet but few ap-
plcations have been made to cover war risks
gu j Stish and Russian hulls and cargoes. and
no Uniform rate has heen fixed at marine in.
surance offices. The inquiry mainly comes
from bankers, and assurances have been ef-
fected at their request to cover letters of
credit for the purchase of goods i'll Baltic,
French and Mediterranean ports, at quarter
per cent. by steam and half per cent, by sail
FOR the full range of the Baltic, half of one
per cent. The Atlantic, Great Western and
Pacific Companies report but little inquiry,
and the rate generally asked by them is from
half to one per cent, covering long voyage,
the first mentioned Of which names two per
cent OH Baltic sea risks.
Pacific Mail Stock.
New York, April 4.--The Tribune has the
following: That various rumors about the
iinsncial condition of the Pacific Mail Steam
ship Company have been in circulation on
Wall street for several weeks has been well
known. Some of the directors doubted either
the wisdom or fidelity of the present manage
ment. Numerous meetings of the board OF di
rectors have been held during the past two
months at some of which discussions have
been enlivened by charges of effort of the
officers to conceal the true condition of the
company and other mismanag.ment. About
two weeks ago the opposition, which has been
headed by Henry Hart, Vice President of the
Third Avenue Railway Company, succeeded
in havinga committee appointed to make q
thorough investigation of the accounts of the
company and to make report to the board at
askarly day as possible Yesterday Hait
isSed a circular, to which he signs his name
as director, and in which he says he would be
pleased to hold personal conference with
or receive proxies of all the stockholders of
the Pacific Mail Steamship Company who are
III favor OF an economical and faithful admin
istration OF the large business of this company
The election for new directors will take place
ON Wednesday, May Goth. Hart stated yes
terday evening that he had not yet COM
pleted his ticket, but that he would have it
i, ready in IL few days What he wanted was
honest and economical management. He was
very large stOckholder, and he believed,
with proper management, the company could
be made to earn handsome dividends. The
managers should be men who had no private
ends To serve in connection with their control
Of the company He did not believe one-half
the members of the board were men of that
sort, and therefore he thought q change
shOnld be made. Some of the members had
worked hard during the past Winter to place
the company in position to pay its way and
earn profit for its stockholders, but they
were in the minority. Another director Of the
company, who has not been recognized as one
Of Hart's followers, has sold a large portion of
his Pacific Mail stock during the week.
For the Paris Exposition.
The steamship Canada, of the French line,
which lett for Havre yesterday, carried ont
500 tons Of exhibits for the Paris Exposition.
These have been sent on from all portions of
the country, some OF them coming from Ore
gon.
Vance SkedRdles,
New York, April 4.-The Worlds Wash
ington snecial says dispatch from the west
announcing the flight of ex-Congressman
Vance, OF Ohio, with woman not his wife,
and with large sums OF money borrowed from
others, surprises few persons in Washington
People here have been aware OF the fact that
Vance has been wanted here during the past
few days on the charge of crime alleged to
have been committed while he was member
of a. II-..-- - 4 .;,.,oy nf tho committee