The Portland daily press., 1879-05-21
EUROPE.
High Water on the Danube.

LONDON, May 20-A correspondent who has
just traversed the Danube from Giurgevo to
Buda Pesth, telegraphs: ''The Danube is very
high. A short distance above Bazias, where
the Austrian shore becomes low and fiat, the
flood extends a great distance inland. Be
tween this point and Belgrade the river is from
five to fifteen miles wide. AT Belgrade it is
fully twenty miles wide. Nearly all the Aus
trian villages between Pesth and Bazias have
water in the streets. The river side inhabit-
ants informed me that the water is already
within two feet of the highest point recorded,
and is still rising The floods continuing so
late in the season must cause great damage to
the crops. All grain, and other growing
produce in Roumania, Bulgaria, and AuStro-
Hungary, not within reach of high water, are
looking finely and promise bountiful harvest.
Erie Railway Meeting.
A meeting of the bondholders and sharehold-
ers of the Erie Railway Company was held
here today. Sir Edward Watkin presided, and
read the report of the Erie Railway Company
up to Sept. 80, 1875 and the accounts of the
unanimously adopted approving the trustees
report and accounts, and also expressing the
satisfaction of the English proprietary that so
large an interest in the company's bonds and
stocks is being taken by American holders
Failures in Holland.
LONDON, May GOV. Polak & Co. and Sy-
mons & Co., both of Rotterdam, have failed
in consequence of the failure of the African
ische Misunderstanding. The liabilities of
the latter fall heavily on the Meiningen Bank,
Darmstadt Bank and the Bank of Rotterdam.
Despondent Directors.
One of the Directors of the Africaansche
Notwithstanding tried to commit suicide at
Antwerp but was unsnccessful; another direc-
tor in the same company fled to Spain with his
family. The latter, whose name is Pincoffs,
was a man of great commercial and financial
influence. He was member OF the First"
Chamber and one of the leaders of the Liberal
party.
Betting on the Derby.
The following is the principal betting on the
Derby stakes, the races for which occur on the
2Sth inst. II to 2 against Cadozan; to
against each of the following namely: Chari-
bert, Falmouth and Victor Chief; and II to 1
against Rayon dor.
Business Reverses.
r. G. Trelfall, cotton manufacturer, of Pres
ton, has failed; liabilities e36,000. E. Smith,
ironmonger, of Middlesborough, has failed;
liabilities 100000. 1t is thought that recent
heavy failures in the iron trade may compel
one or two private banks to transfer their bus
mess to larger institutions
Loly Solbe & Co., merchants i'll the Spanish
trade, have failed.
Foreign Notes.
VIENNA, May 2O-Prince Alexander of Bull
garia has arrived from Livadia.
ST. PETERSBURG, May 20-The assailant of
General Dreutelm has been arrested at Kieffe
MADRID, May 20.-The King has signed q
decree reestablishing the state of siege in the
Basque provinces.
BERLIN, May 20.-The Emperor has annull-
ed the judgement of the court martial in the
case of the iron-clad Grosser Kurfurst and ap-
pointed another under the presidency of Cen
eral Podbielsk.
The government is resolved to restrict the
sales of silver temporarily and may possibly
suspend them altogether 1t is believed this
indicates disposition to increase the silver
coinage.
The Government Of Roumelia.
"a CoNsTANTINoPLE, May 20.-The Philippe
polls commission start Saturday for Philippe
polls. Gen. Stolypine has replaced all Rus
slams in the administration of Roumela with
native functionaries who hold offices pending
the arrival of Aleko Pasha. The Russian
evacuation will probably be completed before
the appointed time.