Democratic Sentinel, Volume 11, Number 22, Rensselaer, Jasper County, 1 July 1887 — THE CONTINENT AT LARGE. [ARTICLE]

THE CONTINENT AT LARGE.

The steam-barge P. H. Walker, of Sandusky, Ohio, was wrecked in a squall on Lake Erie, not far from Cleveland, and eight persons were drowned. The names of the drowned are: Mrs. L G. Gil’espie, wife of tho master; Alphos and Jennie Gillespie, the master’s children; Engineer Peter Grines, of Cleveland; Fireman John Petersen; Wheelman Gust Shaffer, of Sandusky, Ohio; Deckhand Peter Powley, of Lighthouse Station, Ohio; Stewardess Kate Powley, wife of Peter. A Montreal special says: “A C. Lange, who was in the employ of L. G. Marson, of Muskegon, Mich., and who fled two years ago with $30,000, has been captured. Lange found employment here, and his employer, having been told of his previous record, arranged for his return to the United States. He sent him to Coaticooke ostensibly on business, and when he arrived there he was told that his man lived about ten miles in the country. He then accepted an offer to be driven to see the man, and was driven over the line, where he was arrested and taken to Island Pond. ” The National Association of Master Plumbers in session at Chicago, elected John Bvrns, of New York, President for tho ensuing year, and adjourned to meet In Boston next June. At tho convention of the Patriotic Sons of America, in Chicago, resolutions were adopted against permitting foreign socialists, anarchists, or nihilists to land in America, and against alien land-ownership. George B. Smith, of Chicago, was elected President. Dun’s weekly trade review shows that the collapse of tho wheat deal and consequent failures have caused a wide disturbance, but general reports of business at nearly all points are highly encouraging and the increasing prospect of good crops adds to the prevailing confidence. Large Treasury disbursements are close at hand and will relieve any temporary monetary stringency. There were 197 failures for the week, against 213 last week. Dun & Co., in their weekly review of the commercial and financial outlook, say: Collections are generally fair or good, and the volume o{ business large for the season. The dry-goods trade is comparatively inactive, as usual at this period, lrut a considerable movement alter July 1 is anticipated. Men’s woolen goods are decidedly dull, but in dross goods and -flannels the trade is fair. Cottons are unchanged, in the main, but print cloths were quoted at $3.15, with large sales. The liquidation in cotton proceeds slowly, but prices have declined % cents, for the week. Wheatjhas fallen about 5 cents, though a partial cornet in June still makes quotations here 6 point! or more above those for July. The lrou market awaits the outcome of the labor contests. Railroad building seems to have been checked a little, but the present demand for most iton and steel products seems better. Other labor contests are disappearing. Heal estate at the West is still unusually active, and, although the bloom is off the boom, so to speak, no visible reaction in prices is to be expected at present. Prof. Elisiia Gray, inventor of the te ephone, has perfected an instrument by which messages may be transmitted in fac-simi e. It is designed to supersede the ordinary telegraph. A fight between the river guard and the smugglers is reported from a point fifteen miles below Piedras Negras, Mexico, in wbidli several men were killed.