The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-01-24

and have nm annual capacity OF over GOO 00C
tons 1T pig Iron, are IN blast. The magnetic
ores, which enna mostly from New Jersey
comprise one half OF those used. whlle tho he
mHtlte ls nearly all mined In the behigh val
ley,
The Slhiev Cotton Manufacturing Com
pany. nj Augusta, u T.. has just been organ
izei with Mi. josiah Slhley, ono uf the
w"athest mon ~ Georgia. as presi'en'. The
capital stock ~ the coup my IL S5oo,0o0 and
the " nk vt erecting " min IT, accommodate
"A. 900 apindrs II 10 be- commenced at an early
day. Augusta is fast becoming second
Lowell
1t Ia reported that Onrny and his people,
the t1nrompahpra ltns. are determine not
tp hs bspi 4hed from q l,ra,io. It. Ia said that
Oaray himself declares that. II this great
government ia not able or willing to protert
him aud hia y ople In their rights. they will
try to protect themselves. This III course
does not apply to tho White River Htea who
Ouray admits have forfeited their lights
under tie treaty.
The AsanoiataM Plonoers Of tho Territorial
Dat IT California held their firth annual
banquet Mt tho S'urtevant House. New York,
on tho ninateeuth instant. large number
of Tho oil piuneers were present and also u
number III distinguished guests. The veneer
able president of the snelaty, Gen John A.
Sutter, nreslded. II will ne remembered IT
was upon Capt. suffers farm that gold was
first discovered.
Rear Admiral Cornnllus * Strlhlng, who
died IN Martlnahurg, Va, on the eighteenth
Instant entered the navy IN 1912. aerved under
Decatur In the Algnrino war and IN alm"st
every American sqlaaron In all tho waters
nf ths globe. Counting from the East India
squadron I'm 1861 he became commander NJ
the navy yard ~ this port, aud served In that
capneIty until 1864. His total SEA service was
twenty ak years. and hls service ut naval
atatiuna alst very long.
The Nav Jeraey Central Railroad Company
keeps n record OF the COST of running loco
motives II shows that an average DAYS dis
tpncn travelled by n locomotives II 100 miles.
TIE work for u month IL 2G0n miles hut Some
locomotives exceed this. IA In the case OF No.
i2l, which In trio last month male 40 miles.
IN doing this, i33 tons OF ooai were used and
~ gallons of oil to keep tho machinery In
order The company envs that st2 SO Ia tho
average coat for 100 miles for men. fuel aud
repaira. In the case OF No. i2t the cost for
repairs for tho month was S29 g.
About righteon months ago the second
mortgage hondhnldnrs OF the Houston Cen
trail md IntarnR, ionnl and 6rsat Northern
tailrnada agreed w exchanges their bonds Tor
certain lania and county honds owned by tho
frat mortgage hOndhoiders OF the two roads
A purchasing committees was appointed to
treat for tho property so given, and IT. hold n
meeting nj the office of j. = Kennedy Go.
on the ninetaenih instant. The purchasing
committee reported that IL had seenred the
| trnnsfer of the property. The action of tho
committee was ratified and the committee
was instructed 10 hold tho property pending
| tho orHanR ttinn nf n now company. to be-
| known AZ tnn New York and Texas Land
| Company NV stock will he iaaued to tho
second mortgage hundhoidera In proportion
to the amount ~ bonds they hold. The new
company Ia n separate corporation from the
railroads. IA tho a"Cond mortgage bonds havO
now been all CRnCelni