Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1880-12-02

whipping-posts everywhere, and to make
| sure that the lash was laid on thoroughly, /
would offer reward for the invention of a
steam machine that could not be bribed with
oners OF political place or money. No man
has had better opportunity to see what
criminals are made of than | have had, and /
tell you that hundreds of them commit crime
to be sent to places which you provide for
their comfort. They are warm and clean
there. Ihey get good soup and nice potatoes,
and everything which hard-workiug, honest
houses"
The Public Debt.
WASHINGTON, December 1st.-The debt
statement issued to-day shows decrease of
the public debt during November of So, Co.,
261 Cash in the treasury, $40, 926 763 !;
gold certificates outstanding, 81, AGO, 500;
silver certificates of deposit outstanding,
IS, 525 900; refunding certificates, 1913, $50 !;
legal tenders outstanding, S346, 6S1, ole; frac-
tional currency outstanding, 81, l63, 207 !;
United States bonds of 1880 outstanding,
81, 255, 600. Payments made from the
Treasury by warrants during November
were as follows: On account of civil and
miscellaneous, Sol, ,002, 29s; war, 81. 024. 597 !;
navy, 81, 1,677. 473; interior tIndians), S679,-
713; pensions, 81, 275, 145. Total, s15 S09, 229.
The above does not include payments made
on account of interest or the principal of the
public debt.
The Prep0s ed Consolidation Of the G. r.
X. II. and the U. p. II. r..
New YORK, December 1st.-The Worlds
Boston dispatch rays: The proposed consoli-
dation of the Central and Union Pacific
Railroads into one company is not favorably
regarded by the Boston Directors and leading
stockholders, and Directors of the Union
Pacific Company informed your correspond
ent to-day that it was generally opposed by
the stockholders residing Ii this city. The
proposed consolidatioffb1s been q pet scheme
of Jay Gould, and the terms Of the proposed
union were arranged between that gentleman
and Huntington at New York, and submitted
to Eastern Directors for their approval,
which, as l am now assured, has not been
given to it. From the same source | learn
to-day that Jay Gould is displeased with the
action of his Boston associates, and he will
retire from the directory of the company at
an early day.
The Northern Pacific Syndicate.
New YORK, December 1st.-A Philadel.
phia special furnishes additional facts con-
cerning the Northern Pacific syndicate.
From the engineers estimate it is thought
that $40, 00O 600 will prove more than enough
to complete all the lines. The. syndicate take
this amount in first mortgage six per cent.
bonds, which are to be issued at the rate of
So, 600 mile As the entire line will be
over 1000 miles in length, it will be noticed
that the whole issue will be exhausted before
this limit is reached.
The sfock Market-Almost n Panic.
New York, December 1st.-The stock
market verges on panic, but at the critical
moment the market is held within bounds,
even by those working for lower prices. The
first hour rates declined from l to 5 for lead
ing stocks, but reaction began and is still
progressing, good part of the decline being
recovered. Money commands II premium,
and is very hard to get. The banks facilities
have been taxed to the utmost lately. The
demand for money from the South and West
ia very large, and is felt more than usual Just
now. Banks depend for replenishment chiefly
on the imports OF specie which so far have
been inadequate. The Treasury to-day be.
gins the payment of S2, So, 500 interest on
the four nd-one-haf per cents.
Silver and Stocks.
New York, December 1st.-Silver bars,
111s money, 6@6l. Governments generally
firm stocks closed steady; Western Union,
80; Quicksilver, Il; Pacific, AZ; MaIiposa,
]; Wells Fargo, Ill New York Central,
142; Erie, 45a Panama, 209; Union Pacific,
100; bonds, 114aa Central Pacific, 81 bonds,
119s Sutro, Il.
Announcement OF Beath.
NEW YORK, December 1st-At the Min
ing Stock Exchange this forenoon an an.
nouncement of the death of FL. G. Bidwell,
President of the Green Mountain Mining
Company, was received from California with
surprise and regret. He left here few days
ago on visit of inspection to mines in which
he was interested, and was about leaving for
sudden attack of pneumonia. He was asso.
ciated here with the firm of Cortright & Co.
Gives IL Up.
CHICAGO, December 1st.-A Journal Wash
ington special says 1t is said authoritatively
here that Levi 2. Morton of New York will
no longer consent to use his name in connec-
tion with the SecretaIyship of the Treasury
under Garfield. He has gone back to New
York to enter upon the canvass for the SEN
atorship. Under section 243 of the revised
statutes Mr.. Morton is ineligible.
An Eccentric Mans Will.
CINCINNATI, December 1st. = John T.
Crawford, an eccentric old man, worth from
$50, 600 to 800, COO. has left all his property
for building home for aged colored men on
the tract of 1SI acres at College Hill. One
OF the witnesses Is deao, ana the otneT, J0hl
K French, is absent in the army somewhere
in the West, SO the will cannot be probated
yet
The Weather In tie East.
New YORK, December 1st.-Heavy SHOWS
along the Hudson have delayed the trains
1t is raining here now.
Exports and Imports.
WASHINGTON, December 1st.-The excess
of exports of merchandise over imports for
the twelve months ended October 81, 1880, is
S155, ,721, 800 /; for the twelve months ended
October 81, 1879, S269, ,257, 1872 Excess of
imports of gold and silver coin and bullion
for the twelve months ended October 81,
1880, is SCI, 214, ,S21 for the twelve months
ended October 81. 1879, S43, 76S. .343. Re-
ceipts at the Patent Office for the fiscal year
from fees of various kinds aggregated $780,
SAY total expenses, $50, 500.
The Townsend Libel suit.
New York, December 1st.-Geo. Alfred
the New York correspondent of
the Cincinnati Enquirer, put in an appear
ance and gave bail in the libel suit for
$4,000 instituted by Hart, publisher of
Truth. Whitelaw Reid, of the New York
Tribune, and Gen. Anson G. MeCook, be-
came MIR. Townsend's bondsmen.