Democratic Sentinel, Volume 11, Number 19, Rensselaer, Jasper County, 10 June 1887 — THE CONTINENT AT LARGE. [ARTICLE]

THE CONTINENT AT LARGE.

Commercial failures are steadily diminishing throughout the country. For the week ending Saturday in the United States ana Canada they numbered 150, against 187 during the corresponding week for list year. R G. Dun & Co., in their weekly review of trade, say: The one fact of the week which is likely to prove most important is the large absorption of money by the Treasury, us the interstate law there is less said, pending the decision of the Commission as to the continuance of suspension. In some quarters the new law is clearly regarded with more favor, particularly where a transfer of business from large centers results, or where the first unfavorable effects seem to have passed away. But it is safe to remember that the full effect of the law has not been felt as yet, because of temporary suspensions. Reports are cheering as to crops and generally favorable as to the state of business, collections and supply of money. “Copious rains dispel agricultural gloom” in Wisconsin, crop prospects are Brightened by rain in Texas, and the rains give encouragement in Alabama. The speculation in coffee hoisted the piioe again, regardless of demand. The wheat speculation still rages, but with prices lower than a week ago, and a growing doubt whether even the powerful clique can escape loss. Receipts are large, the supply in the country clearly beyond all demands, and the crop prospects satisfactory. In such circumstances it is not strange that Chicago banks want no more wheat paper, and 7 jper cent, is bid for loans ou wheat collateral! The iron market shows a better tone, but the demand for products of iron and steel does not improve. Railroad stocks have been uncertain, with some tendency to decline. At Philadelphia Robert G. Hall fatally shot Mrs. Lillian Rivers, wife of an actor, and then shot himself and cut his throat The two had been living together and had quarreled. At Braceville, 111., John Connelly fatally shot Mrs. John Stoddard and then himself and cut .his throat The attainment of his majority by Prince Baudonin, heir-apparent to the throne of Bel gium, has been celebrated by fetes and banquets throughout the country. The Prince is a nephew of the reigning monarch. His betrothal to the eldest daughter of Prince George, Duke of Saxony, is officially announced. The Governmsnt has ordered the Key West mails fumigated in Florida before being sent North, to guard against the spread of yellow fever.