Democratic Sentinel, Volume 7, Number 35, Rensselaer, Jasper County, 28 September 1883 — NEWS CONDENSED. [ARTICLE]

NEWS CONDENSED.

Telegraphic Summary. EASTERN. During a fireman’s parade at Patereon, N. J., the silk-mill of It A S. Adams was damaged to the extent of $45,000 by flames. Flames broke out in the basement of Noa 537 and 539 Broadway, New York, and soon destroyed the building. It cost $500,000 some years ago, and the mercantile firms occupying it report losses aggregating $700,000. Jay-Eye-See trotted a mile in Boston in 2:11% and showed no signs of exhaustion. On a bet of SI,OOO, on Cayuga lake, Charles E. Courtney, the oarsman, made three miles in 20:05, beating the record by nine seconds. The will of Nathaniel Thayer, of Boston, bequeaths property amounting to $16,000,000. In the bicycle tournament at Springfield, Mass, Higham made twenty miles in 66 minutes 2% seconds, beating the record by 72% seconds, takings purse of SI,OOO and the championship of the world. A boiler in the Sligo Iron Works, Pittsburgh, exploded with great violence, killing three men and seriously injuring eight The shops of the Lake Erie road and several dwelling-houses were set on fire. The largest fragment of the exploded boiler flew to the center of the Monongahela river. The loss is $13,000. There were 177 failures in the United States reported to Bradstreet’s New York Commercial Agency during the week ending Sept 22, forty-one more than the preceding week, thirty-six more than the corresponding week of 1882, and eighty-one more than the same week of 1881. Dunn’s Commercial Agency reports that trade generally is in a healthy condition, notwithstanding the fact that the clearing-house exchanges are reduced in volume. Speculation, they assert, is not so rampant as at this time last year, but legitimate business is fully as large and more satisfactory. Country collections are good, money is abundant, and rates to borrowers are low. The great drought in New Hampshire has compelled the closing of the saw and grist miMs, and cattle are driven long distances to water. The Pittsburgh members of the Knights of Labor threatened to withdraw because a free-trader of Massachusetts was placed at the head of the Executive Committee. Rev. Dr. E. F. Hatfield, who was Moderator of the last Presbyterian Assembly, died the other day in New York. While six men were timbering the Woodward mine shaft at Kingston, Pa, a heavy block of timber fell on the platform supporting them, and four of the ifien tumbled sixty feet to the bottom and were drowned. The other two saved their lives by hanging to a beam until rescued.