The Douglas independent. [volume] (Roseburg, Or.) 187?-1885, 1880-01-31


Some are not expected TO recover. The
sugar house was damaged 10 the extent
of $4,000.
Keliogg's Successor.
New ORLEANS, Jan. 20--In the demo-
cratic causus might, General A. Gibson,
ON the second ballot, received 55 votes
the number required to nominate. This
nomination was made unanimous for u.
S. senator to succeed Kellogg, whose term
expires i'll 1883.
Valuable Relic Recovered.
Troy, n. Y, Jan. 2l.-President Lin
at the theatre on the night of his assas-
sination, has been recovered.
Critical Situation.
PorrsvILLE, Pa, Jan. 2l-At this
morning the surface of the earth over the
workings of the Miller, Hoyt & Company,
mine, at Mahoney Plain, caved in. The
earth is still cracking and liable to sink Mt
any moment.
a Dividend.
New YORK, Jan. 2l.-The Panama rail-
road has declared a dividend of four per
cent payable February I'd.
A Railroad Director.
ST. PAUL, Jan. 21.--It has Just trans
York banking firm of Kountze Bros, was
chosen director of the st. Paul and Siouz
City read, at recent election. lie is
understood 10 be intimately connected
with the Jay Gould interest. There is
previous rumor that Gould has an ar
rangement with the Sioux City road for
the transportation of lumber to the Union
Pacific.
FQfaE Row n lnine. Cal0radn.
DENVER, Jan. 21--A serious shooting
atfray occurred at Alpine on Monday
night The parties engaged were Danl
Picket, Jas. Louch and Dan1 Jennison,
miners. and j. d. Forester, driver on
the Barlow and Sanderson stage line. The
row originated in dance house over one
of the girls, and ended in the miners beat
ing Forester severely. The latter swore
out warrant before Justice Knowles,
and Constable Stanton undertook to serve
papers. The officer met the men in Cults
saloon. They resisted arrest, and Stanton
called on citizens present to assist him.
The miners showed fight, when the con-
stable drew a revolver and emptied its
contents into the crowd, killing Picket
and wounding Louch aud Jennison. The
constable gave himself up, and is under
arrest at Alma. Forester is also under.
arrest.
In New Hands.
New YORK, Jan. 2l.-The Tribune this
morning publishes the following: A syn
dicate of the prominent bankers, which
includes q number of persons largely in
terested in the Wabash < u. P. r. r. sys-
TENS, has been formed for the purpose of
buying large block of Central Pacific
stock. Negotiation for the purchase of
the stock has been iii progress for the last
two weeks, but the contract was not COM
pleted until yesterday. C. P. Huntington,
vice president of the Central Pacific Co,
in behalf of himself and other owners Of
the road, has sold to ihe syndicate $4,000
shares ofthe stock and has given option
on $4,000 more. The price paid for the
stock is said to be IS, but higher price,
said to be SO, will be paid for the second
lot in case the syndicate shall take the
option. This privilege extends over six
months, bat it is believed by prominent
me nbers of the syndicate that it will be
taken long before it expires Payment
for the stock is to be made in cash. and
no change will be made at present in the
management of the road or its managers.
1t seems to be probable that, in case of
the full success in marketing of the stock,
the present transaction will be followed
by others. No condition in regard TO
future purchase of stock. or the manage
ment of the road, has been included in
the contract. 1t is purely q cash tran
saction. The owners of the road have
been induced to part with their stock in
order to share with others the control of
the road, believing this divided control
will add to the value of the property. Al
most the entire stock of the company has
been held by the original builders: Le-
land Stanford, G. p. Huntington, Charles
Croker and 6. F. Croker. 1t is said that
they consented TO the sale of part of their
stock in the belief that public attention
would be attracted by this means to the
value Of the property. The members OF
the syndicate which has secured au in
terest in the G.. P. road, are r. p. Fowler
& Co., Prince & Whitley, Hatch & Foote
John Loebe & Co., and Hall, Garteu Il Co
May & King Marx & Co., I. 5. Wormser
Phillip Speyer & Co., Fisk K Hatch, Brew.
ster, Sweet & Co, of Boston, VIM. Ii
Trayers, August Rutten, Morton, Bliss &
Co., Speyer Brothers 4 Co. of Holland
Russell Sage and Jay Gould. An execti-
| tive committee consisting of r. P Flower
| J. d. Prince and j. ID. Probst, was chosen
| to conduct the affairs of the syndicate
The stock will not be sold by subscription
| but portion of it will be offered early
next week on the stock exchange The
stock has been on the list ofthe exchange
| for many years, but dealings in it have
| been almost nothing, for the reason tina
| the stock was held in a few hands. 1t j
| the purpose of the committee to make tn,
stock one of the active stocks on the ex
change, and to this end small amour
will be offered, probably on Monday. One
| person who had been admitted TO thC
| syndicate yesterday sold his privilege st
| very large advance. II was stated by
| prominent member of the syndicate tha
ontside offers for part of the stock hat
been male at a price + r above that to b
paid under contract. 1t was stated alst
| that broker had been authorized to offe
q much higher price for the control Of tn
road. These offers have been refused b,
the present holders of the stock.
| Terms Arranged by the Utes.
WASHINGTON, Jan. 22.-An importan
meeting took place at the interior depart
ment to-day, in which the Colorado del
egation in congress, General Adam:
Ouray, Jack, Wash and Sawanett partiei
pated. Schurz laid an injunction of Sc
crecy upon all members of the confer
ence So that details of the meeting can
not be had 1t is understood howeve
that the land question had been thor
oughly talked over and an agreement wa
reached which was satisfactory to al
present except Senator Teller. Thl
agreement is that the Utes af Souther
Colorado shall be removed to Grand rive
valley, in the western part OF the state
The White river Utes are to be remove
to the Unitah reservation in Utah. Bel
ford and Teller were at the outset hostil
to this arrangement, but Belford no'
seems to be satisfied with it. Teller o
the con rary will oppose it with all hi
influence, and without his vote the se;
retary of the interior is afraid that th
publication of that portion of the delibeI
ations of the conference relating to th
final disposal OF the Indians themselye
will not be well received in Colorado, a
the people OF that state will not be please
with any arrangement which will fail t
remove the Indians entirely from th
state. It is believed that the Utes wi
accept the settlement decided on to-day
and it is intended to send some one 3
the Indian country to get the signature
of three-quarters Of the Utes to an agree
ment. As to the murderer5 of Meekel
0uray has already given his ultimatnu
He will undertake to bring them in late
in the season, when spring opens, if b
has to kill them and he does not believ
there is any other way of doing 1t. 1t Il
not probable that any inal steps will bs
taken towards closing up the aGreemen
until after the arrival of Governor Pil