Democratic Sentinel, Volume 12, Number 38, Rensselaer, Jasper County, 12 October 1888 — MULLS RENOMINATED. [ARTICLE+ILLUSTRATION]
MULLS RENOMINATED.
Tlie Author of the Tariff BUI Named for an Eighth Term. A Waco (Texas) special says; The Democracy of the Ninth Texas District have renominated Roger Q. Mills for the eighth successive term in Congress. There were over fifteen thousand people present, big delegations being in attend-
ance from every county in the district, and nearly all the principal Democratic leaders of the State, both Prohibitionists and anti-Prohibitionists, were present and made speeches at a barbecue. Mr. Mills, of course, was the principal orator and made one of his best efforts. UNCLE SAM’S FINANCES. Sta'ement of tlie Condition of the Treat* ury at the Close of Last Month. The following is a statement of the public debt at the close of business, Sept. 30: INTEREST-BKARINO DEBT. Bonds at 4’2 per cent $ 212.340,030 Bonds at 4 per cent 693,567,750 Refunding certificates at 4 per cent. 131,910 Navy pension fund at 3 per cent.... 14,000,0*0 Pacific railroad bonds at 6 per cent. 64,623,512 Principal $ 984,663,179 Interest 10,454,389 Total $ 995.117,561 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal.' 9 2,419,095 Interest. 163,720 Total $ 2,683,345 DEBT BEABINO NO INTEREST. Old demand and legal-tender notes.s 346,737,823 Certificates of deposit 12,73 ,000 Gold certificates 134,838,190 Silver certificates 218,561,601 Fractional currency (less 98,375,934, estimated as lost or destroyed).... 6,921,316 Principal $ 719,788,930 TOTAL DEBT. Principal $1,706,871,728 Interest 10,618,110 Total $1,717,489,838 Less cash items available for reduction of debt.. .$379,169,336 Less reserve held for redemption of United States notes 100,000,000 ■ $ 479,169,336 Total debt less available casn items $1,238,320,502 Net cash in the Treasury 7 96,444,815 Debt less cash in Treasury Oct. 1, Debt leas cash in Treasury Sept. 1. 1883 1,154,122,682 Decres.se of debt during the month $ 12,247,025 Decrease of debt sinoe June 30, 1888. 23,709,000 CASH IN THE TREASURY. Available for reduction of the public debt: Gold held for gold certificates actually outstanding S 134,838,190 Silver held for silver certivieates actually outstanding 218,561,601 U. S. notes held for certificates of deposit actually outstanding 12,730,000 Cash held for matured debt and interest unpaid 13,037,735 Fractional currency 1,810 Total available for redaction of debt $ 379,169,336 RESERVE FUND. Held for redemption of U. S. notes, acts Jan. 14, 1875, and July 12,1882.$ 100,000,000 Unavailable for reduction of debt: Fractional silver coin $ 24,738,695 Minor coin 107,124 Total $ 24,845,819 Certificates held as cash.'. 35,916,285 Net cash bulanoo on hand 96,444,845 Total cash in Treasury as shown by Treasurer’s general account.® 636.370.285 STARTED FOR CONGRESS. Late Nominations of Men Seeking Political Preferment. Connecticut—Fourth District, Edward W. Seymour (Dem.). Kentucky—Sixth (Carlisle’s) District, Robert Hamilton (Rep.) of Covington. Massachusetts—Fourth District, Joseph H. O’Neill (Dem.); Seventh. Gen. W. Cogswell (Rep.), renominated. New Jersey—Second District. Chauncey M. Beasley (Dem.). New York—Fifteenth District, Henry Bacon (Dem.) of Goshen, renominated. Pennsylvania—Twenty-first District. Dr. H. L. Donnelly (Dcin.) of Latrobe; Twen-ty-seventh. the Rev. William A. Rankin (Dem.) of Oil City. T. J. Duncan, nominated for Congress by the Democrats of the Twenty-fourth Pennsylvania District, has declined to run. The Labor party of the Eleventh Illinois District have indorsed Wm. Prentiss (Dem.) for Congress. Candidates for Congress have been nominated as follows: Rodney Wallace, by Eleventh Massachusetts District Republicans; M. E. Atkinson by Eighteenth Pennsylvania District Republicans. lowa—Third District, B. B. Richards. Democrat, of Dubuque. Tennessee—Tenth District, CoL L. B. Eaton, Republican. Pennsylvania—Twenty-fifth District, Norman Hall, Democrat, renominated. Massachusetts—Twelfth District, H. W. Ely, Democrat; Third District, J. F. Andrew, Democrat. New York—Fifteenth District, M. D. Shivers. Republican. Louisiana—Second District. R. C. Elliott. Democrat. WEEKLY TRADE REVIEW. Nearly All Articles Score Higher Prices andi Clearings Increase 10 Per Cent. In their review of trade for last week R. G. Dun & Co. say: The great wheat, speculation was the absorbing feature of the week, for, though the September corner came to an end with heavy losses for sellers, it left the market in such a state that much higher prices for other options were easily obtained. With December wheat at sl.lß at Chicago there came heavy selling and sharp reactions. Cash wheat sold for more at Chicago than at Liverpool, and at one time it would have paid to ship wheat back from Antwerp
to New York. At New York saiss of wheat f mounted to 108,4 C 3,000 bushels—more than three times the entire visible supply, and prices closed 8?* cents higher than the previous week. Com advanced two cents, with sales of 13,04),000 buehels, and oats a fraction. The speculative fever waa felt in other markets, and pork rose $1 a barrel, la-d 33 cents, and hogs 25 cents per 100 pounds. Cofcea rose one cent, with sales of 516,50 and oil c _arly one cent, with sales of 6,738,0 X barrel*. In cotton there was a slight decline of an eighth, with sales of 3Ji,000 bales. Reports from interior points were uniformly favorable, outside of the influence of yellowfever at the fcouth. At many Western points the tenor of reports was generally encouraging. There was less complaint as to collections, money was in increasing demand, and the volume of business was enlarging. Outside New York the bank clearings showed a gain of 10.5 per cent, over last year. While the number of failures was large, the amount of liabilities for the third quarter of the year shows a great decrease—front $73,022,556 last vear to $82,114,254 for tne quarter just ended. The failures during the week numbered 211. (THE PACIFIC RAILROADS. Annual Report of the Commissioner, Gen. J. E. Johnston. The annual report of Gen. Joseph E. Johnston. Commissioner of Railroads, shows that on Dec, 31,1887, the Union Pacific Company had disposed of 12,944.781 acres of land; total cash receipts from all sales, $29,395,255; outstanding on account of time sales. $13,538,861; average price per acye for all sales, $2.53 for the Union division, $3.72 for the Kansas division, and $4.24 for the Denver division. A comparative statement of the funded debt of the Union Pacific Company shows that on Dec. 31, 1887, the amount of bonds outstanding was $115,508,639, a net decrease for the year of $1,788,472. The revenue of the road for the year 1887 aggregated $25,129,515 and the expenditures $19,297,981, leaving a surplus of $5,831,534. The debt of the Union Pacific Company on Dec. 31,1887, was $222,169,431. of which $60,868,500 is capital stock. The increase for the year was $1,801,183. The assets of the road aggregated $266,451,137, a net increase for the year of $8,848,316. The not increase in surplus for the year was $7,057,132, BUSINESS FAILURES. They Aggregate for the Third Quarter of the Year 2,361. —The business failures throughout the United States for the third quarter of the year, us furnished by R. G. Dun & Co., amount in number to 2,361, with liabilities of a trifle over $22,000,000. The failures for the third quarter of 1887 numbered 1,938, with liabilities aggregating the enormous sum of $73,000,000. For the nine months of 1888 the failures number 7,550, with liabilities of over $90,000,000, as against 6,850 failures and $128,000,000 of liabilities in the same period of 1887. In the Dominion of Canada and Newfoundland the failures for the three months just closed number 384. with liabilities of $3,679,000, ns against 308 failures and $2,996,000 of liabilities in the same quarter of 1887. In the nine months of 1888 ended with Sept. 30 the Canadian failures number 1,256, with liabilities of $11,482,000, as against 1,017 failures and $13,458,000 of liabilities in the same period of 1887. THE WHEAT CROP. Minnesota and Dakota Show a Decrease of 40 Per Cent. A carefully tabulated statement, giving the actual results of the season’s thrashing in eighty-three counties of Minnesota and ' Dakota, shows a net dccrease*as compared with last year’s crop of 40 per cent., which would make the present wheat crop of Minnesota and Dakota 55,000,000 to 60,000,000 bushels. In the Red River Yalley and through the frosted region of Northern Dakota there is not half a crop and the grain is poor in quality, the proportion of No. 1 hurd being very small, A large proportion will go No. 3, while in many localities half will grade rejected. Hundreds of acres have not been harvested at all. Corn is in good condition, witli a largely increased acreage, and other crops have turned out well. IN A NEW ROLE. Bob Burdette, the Famous Humorist, Licensed to Preach. The Philadelphia Baptist Association in recent session in Philadelphia, received a letter from Lower Morion, announcing that Robert J. Burdette, the humorist, had been licensed to preach the gospel of the church. It is said that Mr. Burdette will retire from the field of literature and lecturing and immediately seek a charge. He was bom torty-lour years ago in Greensboro, Pa. Before he reached his majority his parents removed to Peoria, 111., where he received a common school education and graduated in 1831. He enlisted in the Forty-seventh Illinois Infantry and served in the ranks throughout the war. When peace was restored he entered journalism as night editor of the Peoria Transcript. He afterwards edited the Review, and finally his great sense of humor, which up to this time he had rot utilized, broxe out in the columns of the Burlington Hawkeye. After several years he retired and settled at Bryn Mawr, wjicre he spent his time in writing for newspapers and magazines.
DIED ON THE GALLOWS. A Revolting Scene at Bridgeport, Conn.—A Murderer Hangs. Philip Palledoni, the Italian who murdered his brother in cold blood the evening of June 22, 1887, suffered the death penalty at Bridgeport, Conn., being tho third victim to capital punishment within the history County. Pallqdoni was 24 years of age, below tho medium stature, and possessed a repulsive countenance, The scene on the gallows was sickening. As the condemned man stepped onto tlie trap lie fainted, and his cap fell off. The fall failed to break his neck, and us he slowly strangled to death the convulsions of his face were terrible. Several in the crowd fainted at tho sight. A BUNDLE OF BONDS STOLEN. J. W. Coates, of U’latt County, Mo., the Victim of a Sneak-Thief. J. W. Coates, attorney of Platt County, Mo., took $240,000 in new bonds of that county to Jefferson City, to have them registered. The bonds were duly recorded and Mr. Coates placed them in his valise at the hotel in Jefferson City. Upon his arrival in St. Louis, where he intended to dispose of the bonds, Mr. Coates discovered that twenty 5 per cent, funding bonds of the denomination of SI,OOO each were missing,
their numbers being from twenty to Airtynine, inclusive, and dated Oct. 1,1888. THE INDIANA ELECTION. Measures Taken to Prevent Fraud at the Polls. The Republican and Democratic State Committees of Indiana have' agreed that in all election precincts where the inspector is a Democrat, a Republican judge and clerk shall be selected; and in precincts where the inspectors are Republican, Democratic judges and elerks shall be chosen. The Democratic Committee also makes a proposition for the appointment of a committee of 100 —forty-five to be Democrats, forty-five Republicans, and ten Prohibitionists—to discover and punish election frauds. FATAL RAILWAY COLLISION. Two Trains Come Together Near Oswego, N. Y.,ami an Engineer Is Killed. The Lehigh Yalley passenger train from Philadelphia to Oswego. New York, over the Rome, Watertown and Ogdensburg line, collided with the extra Rome, Watertown and Ogdensburg west-bound train a few miles east of the Hannibal station. Martin Slattery, the engineer of the west-bound extra, was instantly killed. The Traders’ Bank Failure. Receiver Smith, of the Traders’Bank, of Chicago, pronounces it a bad failure. Joseph O. Rutter, the bank's late President, is dead. It is supposed that the determination of the bank's condition will now be speedy, as the money affairs of the late Traders’ President were so closely connected with the bank that a settlement of the complications of the latter could not bo made without an examination of Mr. Rutter’s estate. Injured in a Wreck. Wabash Western passenger train No. 5 was wrecked near Mexico. Mo., all of the seven cars but one sleeper leaving the track. No one was killed or fatally injured, though Mrs. Kate McCarthy, J. F. Conway of Pittsburg, and T. S. Humphrey of Jerome. Kns.. were badly hurt and others slightly. The wreck was caused by the removal of a rail, done supposedly by parties having unsettled claims against the company. Mrs. Garrett Sentenced to Hang. Mrs. Mary L. Garrett, who was convicted of the murder of her two imbecile stepdaughters, at Cleveland, Ohio, nas been 1 sentenced to hang Jan. 24, 1889. Mrs. Garrett, as the evidence showed, killed the girls in the farmhouse and fired the building. She has a 5-weeks-old babe which was born in jail, and it will be taken to the Penitentiary with her until her execution. A Colorado Lynching. A Trinidad, Col., special says; A man named Hickman, who lives in Boston, shot and instantly killed J. C. Booth, who was in the habit of visiting the woman with whom Hickman lived. The murderer was taken from his home an hour afterward by a mob of seventy-live men and lynched. Gov. Gordon Re-elected. Gov. Gordon and the Other Georgia State officers have been re-elected, there being no opposition to them. The election was quiet. The amendment to the Constitution increasing the number of Supreme Court Judges from three to five was adopted. ' Disappointed in Politics. John Edwards, a prominent attorney of Maryville. Mo., shot himself, it is believed, because of his disappointment at not receiving the Democratic nomination for Judge of the Court of Appeals. Western Missouri District, at a recent convention. Accepts tlie Nomination. Levi P. Morton's lettor accepting the Republican nomination to the Vice-Presidency has been mado public. He strongly approves the National platform, and makes an argument in favor of protection of American industries. A Numerous Man. A man giving his name as Houlihy was arrested by three officers at Kingston. N. Y.. on suspicion of his being Tascott. Houlihy claims that he is employed by the owner of a racing stud, and says his arrest is absurd.
