Democratic Sentinel, Volume 12, Number 7, Rensselaer, Jasper County, 9 March 1888 — THE WORLD AT LARGE. [ARTICLE]

THE WORLD AT LARGE.

The monthly statement of the Reading Railroad shows a decrease in the net earnings for January of $822,000 over the same month in 1887, caused by the strike. Business failures in (he United States and Canada for the week numbered 244, against 270 the previous week. Following is an extract from It. G. Dun & Co.’s review of trade for the week: Actual business is satisfactory for the season, but prospects are confused and uncertain—in some directions promising, but in other branches of large importance decidedly clouded. The passage by the House of the bill authorizing bond purchases was desired to remove the monetary uncertainty, an influence which affects all trade and industry. Whether the Senate will pass the bill in its present form is not yet certain, and Secretary Fairchild's report makes it questionable whether the measure, if passed, would prove an adequate reliance for prevention of Treasury Absorption of money. But many think it will ghe full relief.