The Douglas independent. [volume] (Roseburg, Or.) 187?-1885, 1883-10-27
LATEST NEWS SUMMARY,

Ing IOf $1U, U,UUU,UUU loan.
There were eighteen deaths from yel-
low fever at Havana during the week
ending Oct. 20.h.
1t is reported that the French embas-
sador at Madrid has resigned. It is be-
|lieved he viii be succeeded by General
Bsllot.
A gale of wind recently did considera-
bic damage in the west and north of
Germany. Numerous wrecks are re-
ported.
The Princess Victoria, daughter of
Grown Prince Frederick William, has
been betrothed to the hereditary prince
of Anfolt.
The Navajo. Indians have opened a war
against the Mexicans. A number of the
latter were recently attacked and two
men wounded.
A conscience contribution of 5000 was
received at the treasury department. in a
letter postmarked Allegheny, Pa, and
signed, Clergyman"
Business failures in the United States
and Canada for the week ending October
18th, were 243, an increase of ffty-six
over the previous week.
The Norfolk, Va. republican conven.
tion passed. unanimously, resolution
declaring Blaine the choice for president
and Lincoln vice president.
Margaret Harrison, colored, mur-
deress of little Leila Lewis, was hanged
at Calhoun, Ga, October 10th, in the
presence of nearly 1000 persons.
There is large and growing demand
for silver certificates, coming mainly
from st. Louis, the Mississippi valley,
Georgia, and cotton and sugar growing
regions generally.
Comptroller Knox states that the re-
ductien of circulation for the current
year will be between $40 200, 900 and
| $25, 900 900. There will certainly be q
much more rapid increase next year.
Recently violent storm on lake
Ladoga and the gulf of Finland, caused
great loss of life and shipping. Sixty
vessels were stranded The bodies of
sixteen persons have been recovered.
A Vienna dispatch Of October 10Th
says: Two bands of mounted gypsies,
encamped near Wiessenburg, became in
| volved in Q fight in which both women
and children joined. Four Of the par
ticipants were killed and many wounded.
Elizabeth Payne, aged " years, ar
rived at Cleveland, Oct. Goth, after
walking from Holton, Maine. fully 1000
miles. Her husband died recently. She
was too poor to pay her fare to the home
| of her son. He is in similar circum-
stances, and was unaware of her coming.
The American Rapid Telegraph COM
pany has become involved in the consoli.
dation of their lines in the states of New
York, New Jersey, Ohio, Connecticut,
Massachusetts and Pennsylvania, and
the city of Baltimore has executed a
mortgage upon their property and fran
chises to the Boston Safe Deposit and
Trust company for 50, ,000, 600.
At Lisbon, Dakota, intense excitement
prevails over the discovery of gold. H.
W. Griswold, OF Chicago, made the dis
covery on his place, near there, two
| months ago. He had 130 samples as
sayed, and the result showed from 800
to $3.50 per ton. The matter was kept
quiet until Grlswold had secured all the
land in the vicinity. There is great ex-
element in t1Iis part of the country, and
crowds are leaving for the scene of the
discovery.
| A London dispatch of October 18th
says: An explosion occurred yesterday
at the Wharacliff colliery, in Yorkshire.
Twenty-three men were in the pit at the
time. It is believed that all persisted
Three bodies have been already recov-
cred. When the explosion occurred five
men rushed to the bottom of the shaft
and were rescued, though injured. The
men remaining in the pit numbered
twenty. A search force was organized
but the falling of the roof of the pit re-
tards the work. The explosion is at
tributed to blast shot.
A New York dispatch says: The bus
mess situation is much the same as i
has been for many weeks past. Conser
vatism dominates in the markets, an6
the Wholesale trade is gsuged to tht
actual requirements of distributor
and consumers, without much referenc'
to prices. There has been so much abust
of the credit system. through the issu
of accommodation notes, and in othe
ways, that it is extremely difficult to oh
tain money by discount of single nam
paper, notwithstanding an abundance O
loanable funds and low rates of interest
when security is undoubtedly good
This caution unquestionaDly has muc
}, to do With the comparatively slow trad
! movements and slender profits, but ther
is now q condition of things which pres
ages better results, after the process c
going down to solid foundation shal
!, have run its course, and impaired conf
q dence shall have been restored. Woo
meets with some attention, but onl
what may be considered regular call
' and holders Of supplies equal to call.
One of the largest hop dealers in Ne
York said recently that the present no
season will long be remembered, on a.
count of the extraordinary fuctuatioI
Y down to September. a greater calamit
could not possibly have happened
American hop growers, for while fe
profited by the fluctuations very lare
majority Of the growers lost. Thousand
of farms have increased their acreag
and thousands who never before gre
hops have gone into hop raising. Anne
lean growers who think that farmers
= England and on the continent of EuroI
have been oblivious to the situation, WI
b awaken from their delusion some da
l. The true cause of the very high pric
at was not the failure of the English GRO
8. as generally supposed. but can be laid
g the door of speculstors. There is no be
re ter reason for hops going up to 81
V pound than there was for potatoes goll
d. to $50 barrel. We may not have grow
lg as large q crop this year as was expecte
le owing to the three months drouth I
re the Pacific slope, and to the setting o