Daily Los Angeles herald., 1882-01-01

streets that its surface may be pre-.
served for In the town, but minerals
underneath the surface belong to
the parties who have preempted
the mineral land there, but such
mineral must be taken out without
detrlment or injury to the town.
The Presidsnrs Reception.
| WASHINGTON, Dec. 31.-The
Presidents reception will be after
the usual form.
Euloxy on Gar neid.
WORCESTER, Mass, 30.-Senator
HoRr delivered tonight an elo-
quent and fitting enlogy on Presi.
dent Garfield.
Failures 0f 1881.
NEW YORK, Dec. 3I.-The total
number of business failures for the
year of 1881 throughout the United
States is stated by the Mercantile
Agency of r. q. Dan & Co. at
5, ,582, involving liabilities of slight
Iy over eighty-One millions. The
failures for the year previous were
only 4,735. with liabilities of sixty.
five millions. rhe increase, how
ever, is regarded by the Agency as
small in proportion to the
enormous growth In the vol.
ume of trade, and especially
in proportion to the number |
Of persons engaged in business
Compared with 1873 the showing
is strongly TO the advantage of the |
year just closed. The failures in
that year being 10. 400. and the liza
bilities 1884 100000. Ip the year
1881 only one person In every 148
engaged In business has failed,
while in 1880 the proportion was
one in every 1853. and in 1879 one In
every l05, and in 1873 one in every
81. The figures of the year and
facts presented are Interpreted by
the Agency as confirmatory of the
impression that the trade of the
country is prosperous and in safe
condition.
Stock R.pOr'.
NEW YORK, Dec. 3l.-Silver
bars, 1l2A; money, 6 and 1-32 per
diem; governments weak and low.
er; stocks, rates weak; w. U, 79i;
quicksilver, IS; Pacific, Al; Mari.
poss, A; Wells Fargo. 1873; N. Y.
Cent, l3l; Erie, sOa; Pane ma, 1S9;
Union, 116t; bonus, ll7f; Cent.
Pac., %; bonds, ll6; Sutro, l.
the Prsssuens and r.rsy gone 90
Washinxs0u.
NEW YORK, Dec. 3l.-The Presi.
dent. Secretaries Folger and Ere.
linghuysen, and Mrs. James left for
Washington. Senators Cameron
and Allison are on the same train.
stsenxe alard-r IN - Pents~n,isry,
SING SING, N. Y. Prison, Dec.
3l.-Daniel Cash, a convict, was
assassinated this morning by An
gela Cordetta, u fellow prisoner.
There was no quarrel and not q
word spoken by either. Cause of
the murder, unknown.
Busb.idxe Re,, Oeu,.
PHILADELPHIA, Dec. 3l.-Gen'
Burbridge decl,peo to be int er.
viewed regarding the published II,
cnun's Of the quarrel between him
ara Cong assmsn Blackburn, say
ing taat he mst,er would all be
lruught OUt later.
B0rxs.r K.,i~d.
ST. LOUIS, Dec. 3l.--Tbe Post.
DispdfcHs special from Kansas
City says: joe Smith, alias John
Burne, n nottd burglar and desper-
ado, was shot ami killed by police
officer Lovel! this morning at
about 4 O'Clock, while prowling
around some residences.
Cowbsy KIIed.
DENVER, COL, Dec. 8Oth.-The
Republic0n's Trinidad special says:
This evening four cowboys at
tempted to "run the town." Mar
shall Kroger interfered, and. the
cowboys opened fire on him. He
returned the fire, fatally wounding
cowboy named Brown and kill
ing his horse. One cowboy was
arrested; the other two escaped.
The Marshal was uDhurt. The
fight resulted from an old feud and
big drunk. The cowboys had
threatened Kroger's life.
Dssv+r Esserprrs..
DENVER, Col, 30.-Four million
one hundred and fifty thousand
dollars has been expended this
year In buildings In this city.
rr.sn Thieves Nabbsd.
Ell PAso, Dec. 3l.-Tbe City
Marshal last night at Rlncon cap.
tured VIM. Hayden, VIM. Waun.
bsugh, d, r. Paxton, Jas Rate
McClintock and 7. Proctor, u hotel
keeper at RiDcon, aged IS, and his
" life, a part Of an organized gang
of Atchison, Topeka & santa Fe
freight train thieves. Their depre-
datiOns are large in value and ex.
tending over several months.
Murderer H. nxed.
CHARLEsTowN, Dec. Sl.-Ga-
briel White, co.ored, was hanged
to-day for the murder Of n negro.
Ths vsncs Case.
MERIDIAN, Miss. Dec. 81 The
testimony for the defense In the
Vance case to-day tended to show
that The negroes supposed 1t was
an armed body Of men ami not q
legal posse that attacked their
house. They had no arms to
speak of.
Beauest Nos Yes svsisAed.
LONDON, Dec. 3l.-James Gordon
Bennett, of the New York Herald,
has started to st. Petersburg to |
confer with the Russian Govern
ment as to the feasibility OF start
ing another Polar expedition.