New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1878-03-06

ACCtOl VI Cuc pOTG. :.
The United States steamer Supply
sailed from New York with American exhibits
for the Paris Exposition
Later advices concerning the tidal
waves at Calais, Jan. 9th and 2sth, says they
were thirty to forty feet high
Willis, Percival & Co, London bankers
have failed. Liabilities e65O,o0o. The failure
is attributed to heavy losses by bad debts.
The Globe cotton mills Of Remos r.
Clark & Co., Augusta, Ga, has been burned.
Loss $4,000; insurance s6,0O0.
Two japanese war vessels, differed
and manned by natives, have left, one for
Australia and the other for Europe.
A financial article in the London
Times says United States ponds are dependent
on New York orders for their market.
It is stated from Rome that France will
recall, Baron Rude, her ambassador at the
Vatican who is a partisan of the Jesuits
A young woman named Button is the
fourth death from drinking the water OF the
poisoned well at Richford, vt. Other deaths
are expected.
The suspension of John J. Adams &
Co., wholesale grocers, New Orleans, is an
nounced. Their liabilities are said to be
about million and half.
An English war vessel will probably
be stationed on the Newfoundland banks to
protect the rights ofAmerican fishermen there
against the natives of the coast.
The board of control of the combined
coal companies have agreed to limit the total
fD. oDen
tons in order to reduce the stock ON hand
The Lehigh Valley coal company an
nounces the prices per ton for March as fol
lows: Lump, 1878; steamboat $3.50; broken,
$3.50; egg, 1885; stove, ss,75; chestnut, 1926
In the Spanish Cortes on the Goth ult.,
the minister of foreign affairs announced that
all Spanish refugees on taking the oath of
allegiance before consul may return to
Spain.
According to the express company's re
ports at San Francisco, S11 1000 trade dollars
were shipped East during February, of
which $4,000 went during the last half of the
month.
The Chicago Burlington & Quincy rail
road company reports its gross earnings last
year at s$12, 551 ,454; net earnings S5373 III;
deducting interest on bonds and bills, balance
s323230
The head house and machinery at mum
Der two slope, of the Susquehanna coal com
pany, has been burned. The miners were res
cued through an outlet only completed a few
days before.
The court of appeals at Frnkfort, KY,
!, ,o5 fbo &c RI
lottery of Kentucky, deciding the franchise
legal one. The case has caused much COM
ment in Kentucky.
The London Times says: The present
rise in the price Of silver has been the result
for the most part of speculation. Its mainte-
nance, therefore, depends upon its present
holders being relieved Of their purchases by
actual demand.
4 The Inman line steamship City Of New
York, which arrived at Queenstown on the
Goth ult., from Liverpool, collided with and
sank the brig Laurel off Tuscan Rock light.
One person drowned. Theplates of the New
York's port bow were damaged.
A correspondent at Rome tclegraphs:
The feeling is growing here that the new
Pope is not so liberal as was thought. 1t
seems certain that Cardinal Pecci and Leo
Thirteenth do not hold the same views. It is
now believed the Pope will remain secluded
in the Vatican.
The annual meeting of the stockholders
of Lehigh navigation company was held on
the 26th ult. The report of the board of man
ayers show the total revenue for 1877, to be
1894 665; disbursed ST ,1s9,321; deficit s194,645
The result is attributed to the low prices of
coal and the strike.
j. G. Clinton & Co., of New York,
proprietors of a blackboard Office or bucket
shop, have suspended. This is one of the
numerous concerns for the transacting of
stock speculation on the French pool system,
allowing investments of SIS or upwards, on
margin Of one per cent.
Both branches of the Kentucky legis-
lature adopted resolutions instructing the
congressman of that State to support and aid
in every possible way the Texas Pacific rail
way bill Kentucky is strongly in favor of
the bill, and the Legislature has only carried
out the desire Of the people,
The freight capacity of the government
ships Constitution, Supply eand Wyoming
being insuffcientto accommodate the goods
offered for the Paris Exposition, the ship
Portsmouth has been placed at the disposal of
Commissioner. General Mccormick. Allthe
space in the American department has been
assigned, and none remains for new exhibit
tors.
a Calcutta dispatch says: The results
of the famine are still distressingly felt in
Madras and Mysore. Unless prices take "a
downward turn at the beginning of March the