, 1881-07-08
LATEST NEWS SUMMARY,
BY TELEGRAPH TO DATE.

rendering $1,000 for right of way, should it
| be decided that the Texas Pacific Is enti-
| tied thereto. The Texas Pacific offers
TO pay the Southern Pacific the value of
the track as determined by the court, and
tenders 81 100000 as a deposit with the
court as a guarantee of good faith.
The trial of persons charged with the
| murder of the eX Sultan Abdul AZiZ has
commenced, Nomi Pasha admitted hav.
ing ordered Abdul AZiz to be put TO death
| by command of a commission composed
of Midhat. Ruthdi and Mahmoud Pasha.
Midhat, In long speech, denied the ex-
lstence of any such commission and main
| tanned that Abdul AZiZ committed suicide
| He expressed regret that. he had taken
refuge at the French consulate in Smyrna.
| Witnesses were then examined to prove
that Abdul Aziz was murdered.
The New York World says: Brown,
President Garfield's private secretary.
arrived in Englan nd in the middle of June
| with instructions for Minister Lowell
which it was thought injudicious to sent
| either by mail or telegraph. The instruc-
tons comprised an order that American
| consuls throughout Ireland should report
| fully concerning the character and extent
[ of disaffection, particularly relative to the
prevalence and conduct of Irish American
| elements. Brown goes home with a
| quantity of valuable information.
The New York Evening Post says: A
considerable amount of American mining
machinery is on its way to Mexico to
| develop the mines of that country. In
| consequence of the great distance of
mines from the railroads, the expense of
| transportation has been found to be in
many cases greater that the cost of the
| machinery. A correspondent of Helena,
Montana, advises us of a sale of a mine
near that city to French company for
81, 100000 cash. A number OF claims in
| that vicinity are owned in New York, but
very few are profitable, except for the
purpose of speculation.
Ex-Alderman Clancy of Ottawa gave
| an exhibition on the Goth in the presence
| of thousands of spectators of recently
invented flying machine which is " orked
| by a crank and has wings. Starting from
| ST. Anne's church he managed to keep in
| the air at the average height of twelve
| feet for quarter of a mile. The exhibi-
| ton caused great excitement and the in.
| ventor is proud of his success and DO; sts
that he will be able shortly to accomplish
all desired results. He proposes flying
| across the Ottawa river on Dominion
Day from the tower or parliament build.
| ing. Clancy has been for thirty years at
patented.
Charles Weller, president of mining
| companyof CALIFORNIA; recently visited New
| York. While walking about town he be.
came acquainted with two well dressed
men, who induced him to accompany
them to their room, No. l34 East Seven
teenth street, q boarding house kept by a
German woman. Arriving at the house
the men introduced game of cards by
means of which they swindled the Cali
forLian out ofS650. When Weller got out
on the street he informed Officer Chin
chey of the 18th precinct of his loss, and
gave him full description of one of the
men. This swindler was arrested and
gave his name as Robert Johnson. The
$3.50 was found in his possession. Detec-
tive Hubbard recognized him as man
known to the police as "Kiester Bob"
The amount of money payable on ac..
count of the public debt on July 1st ex
ceeded S30,000,000. Under Windows
plan of converting per cent. bonds into
bonds bearing interests at rate of 81 Per
cent. per annum, SIG 100000 of that class
of bonds were not prs sented for conver-
sion, and they will be paid and cancelled
on presentation on and after July lst, to-
gether with the six months accrued in
terest, while $500 600 quarterly interest
$3.50, 600, and semi annual interest on The
Pacific railroad bonds, amounting to about
S2000,000, will also be payable July 1st.
In addition to the sums named above.
about $4,000 will be disbursed during
the first days of the coming month on ac.
count of continued and 6 per cent. bonds,
principal and interest, thus swelling the
aggregate amount that will become pay
able on July lst on account of the public
debt to over Si00,000.000 OF bonds called
for redemption since 1871 there are still
outstanding g overS4 600, 900. This amount
| consists of per cent. bonds except about
$S5O,OO OF 10 40's of the per cent.
funded loan, called for redemption May
81, nearly S6,000,0U0 are still outstanding.
These several sums, aggregating over 81,
900. .000 no longer bear interest, and NAV
be presented for payment at any time,
funds to pay them being constantly held
in the treasury. The outstanding bonded
deLt upon which interest has ceased, and
which is payable upon presentation
; amounts to about Sll, 100000.
Robert P. Porter of Chicago, specia
agent of the census, In conversation witt
= Tribune correspondent, gives full details
r AS to the ownership of U. 5. bonds. In
: the absence of exact figures, | should say
that the New EnglaId states hold about II
, per cent, of them; the middle states about
? 43; the southern states trlfie over z, ant
western states nearly 81, while banks
3 insurance companies and other corpora
tions own about So II. In New Yorl
state, although the amount of registered
bonds owned is nearly S2l0,000OO0, ther'
are less than Is. 600 holders. Massachu'
setts, with nearly S40,00OOOO OF bonds
has nearly 1900 holders. In my opinion
the debt is owned by less than O,0O
persons. Over 35 per cent. is held b,
banks and other corporations, and 1t Il
= probable that 1900 persons own owe
S4lO,OO0O00 of registered bonds. Thi
aggregate is held in amounts exceeding
$4,000. On inquiry into the number @
holders who own bonds in amounts OF les
than $500, we find that probably 300
own the aggregate or seventh of that re
| ported to be held by a single bondholdei
IL must be remembered that many bank
= hold considerable in small amounts II
trust for people; therefore the 100000 d
not fairly represent the bondholders c
the country. OF the S5l9. 10000 coupon
bonds outstanding last August, probabl.
= the coupons of S400, 900, 900 were returne
= for payment 10 the sub treasury in Ne'
: York, and twenty of the leading bankin
: firms presented not less than three NTH
/, of them. Having ascertained the exat
!: amount of different species OF bonds prt