Daily Los Angeles herald., 1880-11-18
EAST Err n.


WASHINGTON, Nov. l1th.-The
fact that Gen. Miles babe his SOL
1iers q formal adieu on leaving
them to come to Washington, in
Dictated that he expected that 1t
would be the final leave taking and
probably that he would be appoint
ed Signal Officer.
The Ohio Senatorial question is
likely to give the Republicans
much trouble and may lose them
temporary control Of the Senate.
The person who succeeds to Gar
fields place in the Senate must
have his claims passed upon before
he takes his seat and it Is now
probable the Democrats will COM
pei him to wait a long time. The
hitch consists In the legal question
as to whether Garfield's place in
the Senate is vacant whenever he
chooses to withdraw, or whether be
must first become actually aSena.
tor before he can resign. Garfield
will be here shortly and it is ex-
pccted that he will then tender
sherman the Secretaryship Of the
Treasury.
A report has gained circulation
that some of the Presidential cleo
tors of California and Nevada
claim that, inasmuch as the people
Of these States undoubtedly chose
them through Misrepresentation
being deceived by the forged Chi
nese letter, they are in duty bound
to vote for Garfield. AS neither
State 10 needed by Gen. Garfield,
not much Importance is attached
to the report, except 80 far as it
shows revolution in popular feel
ing against the Democratic plot
tiers.
Phiip owes Bonds.
NEW YORK. Nov. 17th.-Phllp's
bondsmen justified to day.
lacrosse In Exchanges.
NEW YORK. Nov. 17th.--To.
morrow's Pubic will publish its
usual weekly table of business
transactions. The Public COM
ments: 1--WE doubt whether ex-
changes, exclusive of those arising
from stock Transactions, ever were
larger than they were last week.
The aggregate outside Of New
York has been eXceeded twice dur
lug the week ending November
9Th, aud in December last, but not
greatly. The aggregate in this 81 y,
after deduoting for the silver stock,
was all Increase Of 1921 per cent
Probably the exchanges not caused
- sales of stock were never 80
large peio's within $40 900 900
Last week the incre..- here was
partly due to heavy sales Of graz.
rhe sales of wheat amounted to
7517, 900 bushels; Of corn to 2 l46 =
0OD bushels; of oats to 1,O72 600
bushels. Dealings in cotton were
also .Jarga. bgt all these account for
which clearly Intricate that the
volume Of general business has be.
come larger than the year before.
Outside this city, also, the ex-
changes show an increase at almost
every city, even in com par
ison with the extraordinary
Of November last.
when the collapse of tow.
ering speculation was at hand.
On the whole the average Of prices
with reference to the relative i'm.
portance Of articles in commerce,
g lower than 1t was q year ago.
The increase in exchange, there.
lore, indicates a greater increase In |
he quantities of products sold
The proportion or sales of a specu.
alive character effected last year
was decidedly larger than 1t is at |
present. The volume of business
3 not only larger, therefore, than
{ was at this time last year, but 10
healthier and safer in character.
There are elements of uncertainty
n the stock and money markets at
his time, which may cause a re.
action for the moment not unlike
nat which was seen about this |
late In 1879. The important dif.
.rence Is that the merchandise
markets are less Influenced by
lpeculation and even the market
or securities, though higher, an.
'ears to be upon more solid ba-
is.
oCousoiiiAsiea.
New YORK, Nov. 17th.-Tbe
commercial this evening says: j,
;. Morrison, Of Jay Gould's office, |
aid to Commercial reporter that
here was not even the shadow OF
ruth In. the report Of Q railroad
onsolidation with Grant At the
cad. Al the Office Of Sydney