Democratic Sentinel, Volume 11, Number 51, Rensselaer, Jasper County, 13 January 1888 — Page 2

®fjc JtemocrflticSentine! RENSSELAER. INDIANA. J. W. McEWEN, - Publisher

NEWS BUDGET.

Fresh Intelligence from Every Part of the Civilized World. Foreign and Domestic News, Political Events, Personal Points, Labor Notes, Etc. THE VERY LATEST BY TELEGRAPH. LAHAIt. Tlie Secretary of the Interior Sends His Resignation to the President. Secretary Lamar has tendered to the President his resignation as Sjcretary of the Interior, and it has been accepted by the President. Mr. Lamar’s letter is dated Jan. 7, and closes as follows: In terminating my relations to you as a member of your official" family, I desire to express my gratolul sense of the obligation I am under to you personally tor the consideration and kindness which have always characterized your treatment of me. and for the generous confidence and support which you have steadily given me in the trying and arduous administration of this department. I shall always be proud to have been associated with the honorable record you will leave upon the page of your country's history. The I'resident, in accepting the resignation, says: lam sure that the close confidence and the relations of positive affection which have grown up between ub need no expression or interpretation. And jet I find it utterly impossible for me to finish this note without assuring you that the things which have churocterizedyour conduct and bearing in the position from which you now retire—all your devotion to your country and your chief; your self-sacriiicing care and solicitude for pabiic interests ; all the bentit which your official service has conferred upon your fellow-countrymen, and all the affection and kindness you have so often exhibited toward me personally—l shall constantly remember with tenderness and gratitude.

j THE NEXT WHEAT HA IVEST. Present Condition of tlie I’lunt in the States of tlio Central West Hetter tlian Anticipated. East Eall. The Farmer's Review, of Chicago, prints the following summary of tha condition of the winter-wheat crop: The whiter-wheat crop is in better condition than could have been hoped for before the breaking of the drought in the fall. This is attributable to late rains just before the setting in of winter and the snow mantle which has quite generally covered the growing wheat since. Eate reports of crop correspondents briefly summarized give the following percentages of condition as compared with an average: Ohio, forty-two counties, condition 82.0 per cent.; Illinois, sixty-six counties, 90.7 per cent'; Missouri, forty-nine counties, 88.6 cent.; Kansas, forty-nine counties, 105 per cent.; ■Wisconsin, twenty-six counties, 'J>. 5 per cent.; Michigan, twenty-two counties, 88.3 per cent.; Kentucky, twenty couutios, 87.2 per cent. These figures indicate an averago condition of about 87 per cent, in the winter-wheat States of the Central West. November reports on ucreage seeded to winter wheat in the same State indicated about 94 per cent, of an acieage, which with the present condition indicates about 83 per cent of an average amount of crop for the coming harvest, provided acreage conditions are meanwhile experienced."

MANY KOAOS HAVE FAILED. i Annual Statistics Show Iludly for Hallways —The Alton Is Still Fighting. In its hast issue the Railway Age, of Chicago, publishes a statement showing that— During the year 18s7 thirty-ono railroads in this country, with an aggregate funded debt of $164,1*22,000, and capital stock of 8163,659,e00, have been foreclosed and sold. Several very large companies contributed to swell the total to its appalling aggregate, notable among them being the Indiana, Bloomington & Western, Kentucky Central, New York, Chicago & St. Louis, Buffalo, New York & Philadelphia, Central lowa, and Texas & Pacific, these six companies alone being reponsible for nearly 70 per cent, of the mileage and nearly 80 .per cent, of the capital represented ia the aggregate for the year. The record of new cases of railway insolvency is also quite large, eight roads having passed into the hands of receivers during the year. These eight roads represent 1,046 miles of track, and have a funded debt of $42,887,0.0, and capital stock aggregating $47,431,000. The large amount of new construction during the past year is regarded us ominous, but the fact that the greater part of the new building has been by strong lines renders the railroad situation for 1888 stronger than it appears.

] lOWA FARMERS SQUEEZED. Enable to Take Up Mortgages Resulting from Meager Railway Facilities. A becent dispatch from Dos Moines, lowa, states that— Complaints of the scarcity of cars continue to come from the farmers of Northwestern lowa. Railway Commissioner Coffin recently paid a •visit to that part of the State, and has since been urging upon the roads the importance of furnishing necessary facilities for farmers to move their surplus produce. One of the chief articles "of shipment is baled hay and a dispatch states that while there is a shortage of cars for all purposes the hay man only get about one-tenth or less of tne cars that come. Thousands of dollars of mortgages are just due in that part of lowa. A strong effort should be mane to relieve the farmers in some form, as they are at the mercy of the collectors and attorneys. If collections are enforced it will create a panic, as they have as a rule received credit during the season, and perhaps Lorrowed money to get along with, witu the exception of a market for the hay and chances lor shipments. ! REQUISITES FOR STATEHOOD. .Enabling Acts for Some of the Territories likely to Be Fassed. Mb. Springer, Chairman of the House Committee on Territories, in an interview at Washington the other day, said: Very probably enabling acts will be passed for some of the Territories ; that is we may pass an act enabling some of the Territories to adont State constitutions, and to construct the machinery of State government preparatory to recognition as States. The admission of a new State is a very important matter and cannot be done on a mere application or on any mere arithmetical basis. fcomeho wan impression has got abroad that a territory must have a certain population to qualify it for admission. There is no law and no custom about it. The admission of a new State is entirely a matter of legislative discretion. It is within the power of Congress to erect “No Man's Land’’ into a State and admit it to the Union. The State of waß admitted when she had less than 40,000 people. Dakota has over 600,000. The Congress, in its discretion may exclude Dakota and may admit “No Man’s Land."

WEEKLY BUDGET.

THE EASTERN STATES. Jaxauschkk, the actress, has instituted suit for $20,000 damages agrinst Henry Ball, Jr., proprietor of the Perry House at Newport, It L, for injuries sustained by falling down stairs, May 17, 1887, and breaking her arm. A desperate fight between drunken Inlanders is reported by telegraph from Wilkeabarre, Pa. A large part of the population consists of Hungarians and Polandera. A grand debauch was in progress over a christening at one of the Polish houses, when a fight began, in which fully thirty men were engaged. Clubs, knives, bottles, jugs, and glasses were used freely. The furniture was broken and the inside of the house was wrecked They fought for fully half an hour, and hardly one escaped mutilation. One was found just outside the house with six knife-wounds in the head and body, his arm broken, one eye gouged out, and his nose smashed He iB dead Two others were fatally hurt and seven others were seriously injured It is not probable that any one can be convicted of the murder, as all were too drunk to know who inflicted the wounds.

THE WESTERN STATES.

Judge Shiras, of the United States District Court, at Dubuque, lowa, has rendered a decision against what are known as the Glidden barb wire patents, under which the Washburn-Moen Company has exacted vast royalties from manufacturers and laid heavy taxes upon farmers using barb-wire fences. The defendants in the suit proved that the original barb-wire fence was invented as long ago as 1859, or fifteen years prior to the issue of the Glidden patents. The case will be appealed to the United States Supreme Court. The billiard tournament at St Louis, says a dispatch from that city, was enlivened by a general fight, the result of which may be the termination of the tournament, owing to the bad feeling aroused Some time ago Dick Roche offered to put up SOO,OOO against SIOO that Donovan would not take first money in the tournament. Donovan did not take the bet, but was offended at its terms, and spoke in & derogatory manner of Eoclie. The latter took him to task, and assaulted Donovan with his fist. Tho latter responded with a fierce blow from a billiard-cue. Joe Ullman, the well-known bookmaker, knocking him down, and assaulting him on the floor. John Davis, a leading lawyer of St. Louie, came to Donaovan’s rescue, and attacked Roche. The fight then became general, and a number of persons were more or less injured

Amzi Baldwin, late cashier of the Fidelity National Bank of Cincinnati, who was indicted aloDg with K L. Harper aud other officers of the bank, but who bad not yet been tried, died of a stroke of paralysis on Thursday. He was 58 years old. A San Francisco telegram says that Nathan B. Button was hanged at Oakland, CaL, for the murder of Alexander Martin, a ranchman, in September, 1886. Strenuous efforts were made in Sutton’s defense and for commutation of sentence, but Gov. Waterman refused to interfere. Since Waterman acquired office by the death of Gov. Bartlett four months ago, Bix executions have taken place in the State, and, though efforts iu behalf of the condemned men wero made in every case, Gov. Waterman refused pardons or commutations. Whon Sutton was placed on the scaffold he made a speech. Among other things he said: I admire the firm stand Gov. Waterman has taken in tfie matter of granting commutation and pardons. If he holds his grip tho community will havo but little to complain of as regards the showing of executive clemency.

THE NATIONAL CAPITAL.

According to the debt statement, the decrease of the national debt since Juno 30, 1887, has been $53,830,335; total cash in the Treasury available for the reduction of the debt, $205,919,424; total cash m the Treasury, $527,265,556. Following is the official statement: INTEREST-BEARING DEBT. Bonds at 4)4 per cent $ 230,544,600 Bands at 4 per cent. 73*2,442,100 Refunding certificates at 4 per cent. 151,530 Navy pension fund at 3 per cent.... 14,000,000 Pacific Railroad bonds at 6 per cont. 64,623,512 Principal $1,041,761,742 Interest 12,001,801 Total $1,053,703,543 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $3,163,955 Interest.,.. 178,392 Total $3,342,347 DEBT BEARING NO INTEREST. Old demand and legal-tender notes $346,738,121 Certificates of deposit 6,985,00 j Gold certificates 96,934,057 Silver certificates 176,855,423 Fractional currency (less $8,375,934, estimated as lost or destroyed)... 6,942,214 Principal $634,254,815 TOTAL, DEBT. Principal $1,679,180,512 , Interest 12,180,193 Total $1,691,360",705 Less cash items available for reduction of the debt $ 295,019,424 Less reserve held for redemption of United States notes 100,003,000 Total $ 395,919.4*21 Total debt less available cash items $1,293,441,281 Net cash in the Treasury 69,842,8 7*9 Debt loss cash in Treasury Jan. 1, 1688 $1,225,598,402 Debt less cash in Treasury Dec. 1. 1887 * 1,240^3,052 Decrease of debt during the ” sr ;JxS? tuoMth $ •*f£'584,650 Decrease of debt since June 30, 1887 53,830,335 CASH IN THE TREASURY AVAILABLE FOR THE REDUCTION OF PUBLIC DEBT. Gold held for gold certificates actually outstanding $96,734,057 I Silver held for Bilvor certificates ac- | tually outstanding 176,855,423 U. S. notes held for certificates of deposit actually outstanding 6,985,000 Cash hold for matured debt and interest unpaid 15,344,148 Fractional currency 795 Total available $295,919,421 KEBERVE FUND. Held for redemption of U. S. notes, acts January 14, 1875, and July 12,1882 8 100,000,000 Unavailable for red uction of debt : Fractional silver coin $ 24,327,528 Minor coin 55,761 Total-' -...$ 24.333,289 Certificates held as cash 37,479,964 Net cash balance on hand 69,842,879 , Total cash in Treasury as shown by the Treasurer’s general account. .$ 527,625,556

Ah Associated Press telegram from Washington says: Chairman Mills, of the Committee on Ways ana Means, says that he will get the committee together without delay, and will proceed at once to the consideration and formulation of a tariff-reform bill, having in view revenue redaction as well. “I do not think, ” said he, “that it will be necessary to allow any protracted bearings of manufacturers or others interested in this class of legislation. We have ample material on band of that character, from which source all necessary information may he obtained. These hearings, if granted, will only canse delay. The condition of the country and the Treasury is such that it requires immediate action upon the question of reduction of revenue. The President asks it and the Secretary of the Treasury urges it, and, I shall do all I can to carry out their wishes. If any effort should be made to defeat the measure which we think will cover the ground the parties engaged in it will suffer. ” Congressman Burrows, of Michigan, a member of the same committee, declares he will fight to the bitter end for a reduction of the surplus revenue on a protectionist basis. He says he is thoroughly committed to the policy of protection for the United States, and will not allow any reduction made with his consent on free trade lines.

THE SOUTHERN STATES.

An accident on thg, Cincinnati Southern Railway, near Greenwood, Kentucky, resulted in the death of seven persons and the injury of a largo number, some of whom may die as a result The city of New Orleans has been thrown into a fever of excitement by an affray between partisans of Nicholls and MoEnery, rival candidates for Governor, resulting in the killing of Hon Patrick Mealy, and the wounding of two or three other mea Over twenty shots were fired. Mealy was Commissioner of Police, and the most popular Democratic leader in the city. A Huntsville (Texas) special says that anmed citizens, calling themselves reformers, shot deal Bill 8010 at Madisonville, the county seat of Madison County, Texas, and hanged “Red” Paige and another mau whose name is not known. Alf Whitten, a friend of 8010, was driven from the town. 8010 and his friends were in favor of saloons. Sheriff Black has applied to the Governor for troops. A state of terror prevails.

THE INDUSTRIAL REALM.

The strike among the flint-glass workers has extended from the western manufacturers to the eastern factories. In the east and west about fifteen thousand men aro now out. The strike bids fair to be a long and bitter one.

By tho strike in the anthracite regions it is estimated that 35,C00 men and boys aro thrown out of employment It is feared that many large factories and iron-works will be compelled to shutdown because of a shortage in the coal supply growing out of suspension of work in the mines. A Reading telegram reports that— Out of the sixty-eight collieries in the Schuylkill coal regions, forty of which are controlled by the Reading Railroad Company, only four resumed operations, and theßo with one-third of their usual forces. Had the striko of the Reading Railroad proven successful and traffic been entirely paralyzed, there c; uld not have been moro genuine alarm throughout the great industrial regions of the Schuylkill valley than there is to-day. The proprietors of large furnaces and iron works in this section predict that if the mines are shut down for two weeks the majority of the large establishments will be obliged to close, owing to the lack of a supply of coal. Many of them have been running for weeks short of coal, and most of them have less than a week’s supply on hand. All the Reading Company’s mines, fortyfive in number, are stopped, and 20,C00 miner»,at least are idle, says a Reading telegram of Thursday. Somo place the number of idle men as high as 50,000 in the Schuylkill basin alone, which, with 20,000 in the Lehigh, makes the strike a great one. Several of tlie individual colleries are. at work, but the Reading mines are without workmen.

THE FOREIGN BUDGET.

A cable dispatch says that two expresstrains ou the Dutch State Railroad collided near Meppel, Holland. Twonty-aix persons were killed and many others injured. Au 1,800-ton bark, believed to be an American vessel, was wrecked at the entrance of Waterford (Ireland) harbor. Her.crew, consisting of twenty-five persons, were all drowned. The vessel is suppose! to be the ship Eureka, Captain Southard, of Sau Francisco. A large vessel was wrecked off Duncannon, Ireland, and all hands are believed to be lost. The winter is unusually severe iu many parts of Europe. In Vienna the water-supply is beginning to fail on account of cold weather, and, owing to ice in the Danube and heavy suows in Bulgaria, the mails due at Constantinople failed to arrive on time. The body of Archie McNeil, who went to France to report tho Smith-Kilrain prize fight and had been missing since, has been found on the beach at Boulogne, says a London dispatch. There were distinct marks on his throat, showing that he had been strangled. He had in his possession when last seen coin, Bank of England notes, and a watch, all of which were missing when his body was found. Several £5 notes which McNeil is known to have had when ho loft Paris have been cashed in the Bank of England

THE WORLD AT LARGE.

R. G. Dun & Co., ot New York, in their last weekly trade review, say: The first week of the new year ha 3 not been one of great activity, but shows some reactions in most markets. The year opens with fewer failures than anticipated and with a fair business for the season at all points reporting. The money market generally is easier. Next to the iron industry, which hesitates, woolen manufacture soems to have the most uncertainty. Raw material declined about 1 cent in December and 2 to 3 cents since July, though coarse wool yields the least, and the largest decline has been in fine fleece. Estimates of the clip vary widely. Colton manufactures are exceptionally prosperous. The window-glass business is prosperous, with an advance of fifty per cent, iu prices last year. The foreign trade continues large. But for the miners’ strike and threats by cotton-spinners the outlook would be more favorable than for many weeks. Business failures lor the week numbered for the United States 256, for Canada 21; total 279, compared with 263 the preceding week, and 299 the correspodding week last year. A Winnipeg special reports that two freight-trains on the Canadian Pacific Road collided on the north shore of Lake Superior. The engineers and firemen of both trains were killed outright and a number of others injured. According to Sir Charles Tupper, the Canadian Minister of Finance, who passed through Chicago, the people of Canada f .vor a free interchange of the natural products cf both countries, but are satisfied with their government and are not disposed to consider any plan of annexation to the United States.

A Win nip eg special reports that two heavy freight trains on the Canadian Pacific Bailroad, while going twenty miles sn hour, met on a high trestle bridge over Mink Biver. The bridge broke and one engine and eighteen cars were thrown to the bottom of a gorge eighty feet below. Three men were killed outright One of the victims was covered with timbers and wheat His awful struggles to free himself could be seen, but it was seven hours before he was pulled out, and by that time he was frozen so badly that he died soon afterward The loss is $150,000.

CONGRESS.

Cjngress reassembled after the holiday recess on Wednesaay, J. i. 4. A reply to tho President’s tariff reduction message was delivered in the Senate b> Mr. Sherman, who urged that tho President had intentionally ignored other methods of reducing the Treasury surplus for the purpose of advocating such a reduction of customs taxation as would strike a severe blow at American industry. Senator Voorhees spoke in defense of the President's low-tarilf v‘ ■'ws. Mr. Brown ottered a resolution dt slaring that the practice of the Government w s correct for the first three-quarters of a century of its existence wfien it collected tl a n cessary revenues at the ports or other boundaries by tariff, except in case of war or otner great emergencies, when internal revenue or direct-tax jaws were imposed, which were repealed as soon as tno emergency ceased; a: so, that the present internal revenue laws wore enacted as a war measure, and that it has now become the imperative duty o' Congress to enact app!opr,ate legislation i r their repeal at t-e earliest day practicable. He asked that tee resolution be laid on the tab e, aud said that next Monday he would submit remarks upon it. r. Cullom introduced a bill embracing several amendments to his postal telegraph measure. Jn the House a large number of bills were introduced, ii.eluding the following: 1 y Mr. Symes, o» Colorado, for the removal of the southern Utes from Colorado to Utah; by Mr. Browne, of Indiana, repealing the limitation o.i the arrears-of-psn-sion act; by Mr. Hovey, or Indiana, for the payment of service pensions ; by Mr. Holman, of Indiana, to maintain the purity of the ballot box ; by Mr. V\ eaver, or lowa, for the establishment of a postal telegraph; by Mr. Holmes, of lowa, abolishing the duty on sugar; by Mr. Gear, of lowa, to j rohibit the purchase of goods manufactured wholly or in pait by convict labor; by Mr. Perkins, 'of Kansas, to prevent a contraction of the currency and to increase the circulation of silver and silver certificates ; by Mr. liyan, of Kansas, appropriating SIOO,OOO for tho erection of a monument to the colored soldiers killed in the lata war; by Mr. Morrill, of Kansas, to abolish all distinctions on account of rank in pensions hereafter granted; by Mr. Anderson, of Kansas, to creata the postal telegraph of the United States; also, to reduce letter postage to cne cent an ounce; by Mr. Peters, of Kansas, for 'he deposit of gold and silver coin or bullion as security for national bank irculation; by Mr. Wheeler, dispensing /ith proof of loyalty during the late war as a condition of restoration or admission to the pension rolls in the case of any person otherwise entitled thereto; by Mr. Reed, of Maine, proposing a constitutional amendment granting women the right of suffrage; by Mr. Nelson, of Minnesota, placing sugar, coal, hemp, and manila grass on the free list. Bills were also introduced for the erection of public buildings in Indiana, at Evansville and Indianapolis; in lowa, at Fort Dodge and Sioux City ; in Michigan, at Kalamazoo, Muskegon, Manistee, Bay City and Lansing ; at Dulutb, at Milwaukee, and at many other cities. Nine hundred and two public bills have been introduced.

The Blair educational bill came up thein Senate on the sth inst., aud Mr. Reagan, of Texas, spoke in opposition to the measure. He said he opposed the methods of the bill, but not its purposes. Congress lacked power to pass such a law, which would establish the despotism of a popular majority, overthrow the” Constitution, and endanger the liberties of the peoplo. He argued in detail that the Southern States were not in need of Federal aid for the support of their common schools, and showed that in the State of Texas the school fund for this year was $3,190,000. Mr. Plumb offered an amendment providing that the money shall be distributed among the several States and Territories in proportion to their population according to the census of 1880. Mr. Mitchell called up his resolution for the appointment of a commission to select a site for another naval station on tho Pacific coast, and advocated its passage. The Indian Affairs Committee reported bills to provide for the compulsory education of Indian children, and in relation to marriage between white men aud Indian women. Petitions were presented favoring a national prohibition amendment, opposing tho admission of Utah while its local power is in the hands of the Mormons, and in favor of prohibition in the District of Columbia. Among the bills introduced, in the Senate wore the following: By Mr. Dawes, to establish a postal telegraph system; by Mr. Platt, for the formation and admission into the Union of the State of North Dakota; by Mr. Plumb, to equalize bounties (this is the Logan bill of last Congress); by Mr. Stockbrldge, appropriating SIOO,000 fora public building at Lansing, Mich. The President has sent to Congress a communicf—tion from the Secretary of the Interior submitting tne draft of a b 11 “To provide for the protection of tho Round Valley Indian reservation” in California, In the House of Representatives Speaker Carlisle announced the standing committees, A bill was also introduced authorizing the establishment of new life-saving stations at Ashtabula, Ohio, and Marquette. Mich. Both houses adjourned to Monday, the 9th.

THE MARKETS.

NEW YORK. Cattle $4.50 @ 5.75 Hogs 5.25 & 6.00 Wheat—No. 1 White 94 «a .95 No. 2 Red 92 @ .93 Corn—No. 2 62 @ .64 Oat-!—White 40 @ .46 Pore—Now Mess 15.50 @16.25 CHICAGO. Cattle—Choice to Prime Steers 5,25 @5.75 Good 4.25 @ 4.75 Common to Fair 3.50 @4.25 Hogs—Shipping Grades 5.25 @6.00 Flour—Winter Wheat 3.75 @ 4.25 Wheat—No. 2 Red Winter 77 @ .78 Corn—No. 2...; 49 @ .49)4 Oats—No. 2 3256® .33)4 Butter—Choice Creamery .27 .30 Fine Dairy 18 @ .23 Cheese—Full Cream, new 1114 ■ .12^ Eggs—Fresh 20 @ .21 Potatoes—Choice, per bu 77 id .81 Pork—Mess 14.75 @15.25 MILWAUKEE. Wheat—Cash 76 @ .77 Corn—No. 3 48 .49 Oats—No. 2 White 33 >4 <9 .34>4 Rye—No. 1 66 i§ .67 Pork—Mess 15.00 @15.50 ST. LOUIS. Wheat—No. 2 Red 83 @ .81 Corn—Mixed 48 @ .48)4 ■Oats— .32 ,@ .32)4 Pork—Mess 15.00 @15.53 TOLEDO. Wheat—Cash 86 @ .87 Corn—No. 2 Mixed 53 ,a, .5314 Oats—No. 2 White 33 @ .33)4 DETROIT. Beef Cattle 400 @ 473 Hogs /. 4.75 5.50 Sheep 4.75 @ 5.75 Wheat—No. 1 White 87 @ .88 Corn—No. 2 53)4 «j .54 Oats—No. 2 Whito . 35 *@ .37 CINCINNATI. Wheat—No. 2 Rod 90 @ .90)4 Corn—No. 2 53 @ .53)4 Oais—No. 2 34 .3.5 Pork—Mess 15.50 («16.t0 Live Hogs 5/25 @6.00 BUFFALO. Cattle 4.00 @ 4.M) Hogs 5.01 v « ; 5.75 Wheat—No. 1 White 92 @ .93 Corn—No. 2 Yellqw 58 @ ~9 INDIANAPOLIS. Beef Cattle 1. 4.00 @ 5.25 Hogs 5.25 6.00 Sheep 3.75 @ 4.75 Wheat—No. 2 Red 86 @ .8614 Corn 1 51 .. .51)4 Oats—Mixed 33 @ .31)4 east liberty. Cattle—Prime 1 4.50 @ 5.25 Fair 4.25 @ 4.75 Common 3.75 @ 423 Hogs 525 <a 600 Sheep 4.50 @ 5.25

TRADE OF CHICAGO.

A Good Showing by Merchants, Live-stock Dealers, and Lumbermen. A Large Increase in the Receipts of Flour, Wheat, Oats, and Lumber. [chicaco CORRESPONDENCE.) The commercial history of Chicago for theyear 1887 presents many interesting feature*. The total trade of the year reached the enormous sum of $1,103,000,000, being a gain ot about 10W> per cent, over 1886. The banks did an unusually prosperous business, nearly all of them making larger profits than in any preceding year in their history. PRODUCE. The following table exhibits the total receipts and shipments of Hour and grain daring the past year, as compared with 183 j, and the grand total of all kinds of grain, with floor reduced to wheat: Receipts. Shipments. Articles. 1887. J 1836. 1887. 1886. Flour, bis 6,589,326 4,139,165 6,390,131 3,778,227 Wheat,bu 21,476,016 16,771,743 26,862,077 15,750,129 Corn, bu. 51,614,762 62,661,594 50,552,694 56,376,476 Oats, bu. 45,373,935 39,976,215 37,005.437 32,364,268 Rve, bu . 853,731 955,047 691,448 817,553 Barley bu 12,215,202 12,740,953 7,270,495 7,826,190The markets for produce were dull most of the time, but the movement was far iroin being small. This city has handled a large proportion of the produce of the soil, and generally at low prices. The following are the totals for last year, with corresponding figures for 1880:

1837. 1883. Flour $ 24,650,000 $ 15.800,000 Wheat 15,830,000 12,103,000 Com 20,000,000 22,600,030 Oats 12,010,000 11,010,000 Rye 45J.000 520,000 Barley 6.700,000 6,550,000 Millstuffs, etc 1,590,000 1,440,030 Total breadstuffs..;B 81,250,000 $ 69,900,000 Butter 17,54 >,OOO 16,7.0,000 Cheese 3,600,000 3.100,000 Hides and pelts 8,015,000 9,000,000Wool 5,840,000 7,600,000 Flax 6,000.000 7,340,000 Other Beeds. 2,950,000 2,770,000Broom corn 990,000 1,440,000 Sait 1,485,000 1,331,250 Potatoes 3,000,000 1,750,000 Tallow and grease.... 1,503,000 1,600,000Hay 1,500,00) . 1,000,000. Beans 250,C0) 200,000 Apples 526,000 600,000 Other vegetables 300,000 270,000 > Hops 2,160,000 1,100,000 Eggs 2,070,000 3,000,000 Poultry and game.... 3,500,003 3,000,000 Live stock 176,645,00) 166,741,750 Beef 520,030 • 500,000Pork, barreled 1,275,030 440,000Lard 5.700,000 5,500,000 Meats (hogs) 15,900,000 9,560,000 Dressed hogs 15,000 253,003 ■ Miscellaneous 7,175,000 7,357,000 Total pr0duce....5350,500,000 $322,000,000 Total lt-85 337,600.000 Total 1884 3oG,000)000 Total 1883 400,003,000 Total 1882 382,000.000 Total 1881 367,500,000. Total 1880 312,000,000 . wholesale trade. The several departments of the wholesale trade show a marked improvement over the business of 1886, which was the first in a ratherlong series of years to show a material advance la values as compared with the quantity of goods sold. The following are the totals for last year, with corresponding figures for 1886: 1887. 1886. Groceries and confections 8 62,‘00,030 $ 58,000,000Dr ied and Cal fruits ... 3.000,0)) 2,850,000 Salt-water fish 2' 000,00 ) 2,p0),0o0 Fresh-water fish 49 ,000 565,C00 Oysters 2,000,0)0 2,250,000Canned salmon 900,0)0 725,0)0 Wooden and willow ware 2,500,000 2,500.00) Dry goods, etc 74,000,000 65,750,000 Carpetings 0,600,000 5,300,900* Millinery, etc 6,500,000 6,000,000 Clothing 24,000,000 23,000,000* Hats and caps 6,000,000 8,000,000 Furs 2,000,0)0 1,75),000 Boots and shoes 20,475,000 19,500,000 Leather aud findings.... 2,360,050 2,250,000 • Drugs and chomicals ... 6,500,01)0 6,250,000. I’wockery and glassware 4,500.600 4,000.000. Coal-oils 6,000,000 5,500,000 Books and stationery... 16,600,000 15,000,030* Paper 23,000,000 20,425,000 Paper stock 5,450,000 4,950,000' Wall-paper 1,000,000 1,252,000 Pianos 2,600,000 2,300,000 Reed organs. 2,000,030 1,500,000 Other musical instruments . 1,000,000 800,000' Musical stationery, etc. 450,000 400,000' Liquors, etc 11,000, )0) 10.750,000 Carriages.... 1,50 ,0)0 1.185, 0) Iron ore 3,74),u0U 2)6(4),000 ■ Pig-iron 18,900,000 14,COO,00) Pig-lead 3,750,000 3,87u,U00' Coal 28,440,00) 22,675,000 Lumber 40,000,0)0 36,003,000Tobacco 14,90), 503 11,893,000 Jewelry 15,000,0)0 13,000,000 Iron, manufactured.... 15,600,000 14 000,000' Building materials 3,450,000 4,4 o,ooo' Miscellaneous 8,885,000 9,278,000 Total wh01e5a1e..,.5449,000,000 $408,000,000 Do. in 1885 380,000,030 Do. in 1881 370,000,000*

LIVE STOCK. Chicago's cattle and sheep receipts have increased greatly beyond all expectations during 1837, but the hog receipts suffered a heavy docrease, owing to a smaller hog crop and a partial diversion of the packing to points further west. Compared with 1686, the local packing during the year shows a general falling off. The Chicago receipts of cattle, hogs, sheep, and horses for ten years past have been as follows: Year. Cattle. Hogs. Sheop. Horses. 1878 1,088,068 6,309,654 310,420 9,415 1879 1,215,732 6,418,304 325,119 10,473 1880 L 382,447 7,059,355 335,810 10,398 1881 1,498,550 6,474,841 493,624 12,909 1882 1,582,530 5,817,501 628,887 13,856 1883 1,878,941 5,610,625 749,917 15,2551834 1,8.17,697 5,351,967 801,630 18,602 1885 1,905.518 6,937,535 1,003,598 19,356 1886 1,903,900 6,718,761 1,008,790 27,599* 1837.... ....2,377,852 5,459,812 1,362,395 46,263 LUMBER. Chicago received during 1837 a total of 1,866,000,000 feet of lumber, against 1,712,981,000 feet ■ in 1886, and shipped 924,417,000 feet, agafnst 0n1y.882,672,000 in i 836. While there was a large increase iu the lumber movement, as appears from the above figures, the shingle receipts suffered a heavy falling off, owing to a»greatly reduced production at the mills. Onlv 610,440,OOJ shingles were received during the year, against 813,809,003 pieces in 1886, and the shingle shipments fell to 71,470,000 pieces, against 102,1ii2,000 in 1886. The stocks of lumber, shingles, and lath held in this city December 1 for seven years compare as follows: Year, Lumber. Shingles. Lath 1881 620,781.223 265,262,174 53,117,573 1882 719,458,812 309,932,654 70,994,869 1883 082,771,981 449,258,650 52,791,634 1884 060,930,272 336,7 0,492 68,905,506 ■ 1885 681,389,704 411,602,828 99,881,115 1836 608,416,940 483,123,712 63,564,346 1887 623,434,984 428,049,700 48,550,480 Trade of Other Western Cities. Indianapolis.—The wholesale trade of Indianapolis was unusually heavy during the year. The real estate transfers amounted to more than 812,000,000—twice as much as in 1886. Permits were issued for the erection of 1,152 buildings, at an estimated cost of a 1,200,000. JJes Moines. - There was expended for improvements in. Des Moines during the past year 84,500,000, and 700 houses were erected. The real estate transactions amounted to 84,98',000, and the manufacturing products amounted to 814,455,200. The wholesale trado amounted to 823.5.51,&0. Other miscellaneous business, 815,891,514, making a total volume of business for 1887 of 861.391,207.