The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1888-09-16
BIG RAILROAD DEAL.
Tea Shipments to British Columbia.

NEW YORK, Sept. 15.-The Calves.
ton, Houston and Texas Central rail.
road, including the main line from
Houston to Dennison and various
branches, together with all the land
franchise, some 10000 acres and every
character of property belonging to
the company, which has been for two
or three years under a decree of the
United States court, the main line
and all other branches, except the
Waco and Northwestern, was sold to
Fred P. Olcott, of New York, presi-
dent of the Central Trust company
for $40, sos, 1000. The Waco and North
western branch was sold to George
Downs, of New York, for $25, 5,000, 600
subject to a mortgage of 81, ,140 900.
The plan of reorganization is to Or
ganize and incorporate issuing bonds
for those outstanding interests on
new bonds being secured by the
Southern Pacific company. The new
company is to be organized with @
capital stock of S10,000,000. Under
the terms of the sale $4,000 had to
be paid in cash and deposited with
the register of the court.
THE LIQUOR INTEREST.
New YORK, Sept. 15.-The National
Protective association of wine, beer
and spirits dealers has reelected
John NJ. Athertoh president, and also
adopted resolutions, one of which de.
clares prohibition a fraud, and says
it does not prohibit, but encourages
perjury and finally ends in free traffic.
Prohibition was opposed, because in
the name Of morality it approves the
destruction of property without ade-
quate compensation. Other resolu-
tions refer to licenses and the powers
of excise boards. One declares the
association non-partisan. A check
for 81 600 was voted for the relief OF
the Jacksonville sufferers.
THE AUGUSTA FLOOD.
AUGUSTA, Ga, Sept. 15.-The food
is subsiding. One OF the editors OF
the Chronicle had to wade to the
Western Union office in water breast
high to send and receive press dis
patches. River steamboats, could
easily navigate many streets, There
is considerable distress in portions OF
the city, where people are compelled
to seek refuge in second stories OF
buildings, and are cut off from food
and supplies by the water. The wa.
tiers have receded so slowly that boats
have been in general use. Bridges
are washed away on every hand. The
canal is injured considerably, two
breaks in the banks being reported.
TEA SHIPMENTS.
LONDON, Sept. 15.-The British con.
sui at Yokohama reports decrease
of six Thousand tons in tea shipments
by the way Of the Suez canal, and ex-
plains the greater part went via
steamer to British Columbia, and
thence via the Canadian Pacific to
the Atlantic coast for reshipment.
MYSTERIOUS DISAPPEARANCE.
PHOENIX. A. T., Sept. 15.--William
Kemp, father of the senior member
of II. E. Kemp & Co., has disappeared
from his home very mysteriously.
Not returning at nightfall search
was instituted and continued all
night. He was tracked across Salt
river, and two parties of Indian trail.
ers were sent in pursuit. He has moi
yet returned. Mr.. Kemp is about
seventy years old and is suffering
from sunstroke, which overlook
him in Illinois some years ago. His
situation on a waterless desert is most
precarious.
FAMINE IN EGYPT.
LONDON. Sept. 15.-A famine i:
feared in Egypt. Hopes of further
rise in the Nile are abandoned.