Democratic Sentinel, Volume 11, Number 31, Rensselaer, Jasper County, 2 September 1887 — WEEKLY BUDGET. [ARTICLE]

WEEKLY BUDGET.

THE EASTERN BTATEB, The assets of Mitchell, Vance Ac Co., the suspended gas-fixture manufacturers, of New York, are estimated at 1753,000. The capital of the firm, which was $1,300,000, has been totally wiped out A FRIGHTFUL collision, with loss of life, occurred on the Baltimore and Ohio Railroad at Glen Easton Siding, a point twenty-four miles east of Wheeling. A west-bound emigrant train was descending a heavy grade, when it crashed into an east-bound freight train with fearful velocity, wrecking both engines and badly smashing up a large number of cars. The passengers of the train consisted of Norwegians, Finns, Danes, Germans, Dutch, and a few English. Most of them kept their heads, and as soon as the first paroxysm of terror had subsided lent their efforts to disengaging their fellow passengers from the debrirf and attending to their injuries. Al Smith and Isaac Arbuthnot, engineer and fireman of the emigrant train, were found to be the only two persons killed outright About twenty emigrants were wounded, several of them beyond the hope of recovery. A dispatch from Gardner, 111, says; “Miss Sarah H. Dodge, the alleged slayer of Walter S. Babcock, the Chicago lumber merchant, waived a hearing, and was admitted to bail in the sum of SIO,OOO. The willingness of State’s Attorney Carter to accept SIO,OOO bail is construed as & tacit admission that he does not believe Miss Dodge will be convicted of the murder by the court, and that the case will never get further than the Grand Jury. Mr. Carter admitted as much. He said: It will be difficult to convict Miss Dodge, I soar. Babcock’s friends will not prosecute her, but want to let tho matter drop. Ho refused to make any statement against her. She can claim the Bhooting was in self-defense or accidental, and there is no way of successfully contradicting her.’ Tho true cause of the death of Babcock will never be known to the public unless Miss Dodge chooses to reveal it There is no reason why she should, and every reason why she should not” Grovesteen & Pell, a Wall street firm, have made an assignment One estimate of the liabilities places them at $1,800,000, while friends of the firm state that SBO,OOO in cash would settle everything. The nominal assets are $2,000,000.