Jasper County Democrat, Volume 1, Number 34, Rensselaer, Jasper County, 3 December 1898 — IN GENERAL. [ARTICLE]

IN GENERAL.

A peanut trust is being formed to control the world’s market. The battleships Oregon and lowa have resumed their long cruise to Honolulu. R. B. F. Pierce has resigned as receiver of the Clover Leaf Railroad on account of ill health. Clarence Key of Baltimore, grandson of the author of “The Star-Spangled Banner," died in the City of Mexico in destitution. The Fourth Tennessee regiment has been ordered from Camp'Poland, Knoxville. Tenn.. to Santa Clara City, Cuba, and the Sixth (Ohio to Cienfuegos. The Great Northern Railroad Company is said to have placed with West Virginia operators contracts for 500,000 tons of coal at $1.25 a ton, delivered in Sandusky, Ohio, throughout 1809. George S. Willits of Chicago, who died at San Juan, Porto Rico, is now declared to have been killed by a native doctor, who used an improperly cleaued hypodermic needle iu injecting quinine for sunstroke. A. S. Hardy, premier of Ontario, is to be knighted by the Queen for his faithful services to Canada and Great Britain. lie is strongly in favor of closer relations with Great Britain and author of the legislation against Michigan lumbermen. The steamer Farralon, from Skaguay, brings news of disaster to the steamer Utopia which nearly sent that vessel and all on hoard to the bottom of Gastineaux channel. As the Farralon was entering the channel she found the Utopia drifting helplessly toward the reef extending from Point Ardenn on Admiralty Island. The Utopia had lost her propeller and a terrible gale was blowing, with the thermometer below zero. The Farralon succeeded in getting n hawser aboard and the Utopia was towed out of danger and taken to Juneau. Bradstreet’s views the business situation thus: “Winter storms and a holiday have interfered with wholesale demand and distribution, but later clear, cold weather is a compensating feature, inducing heavy retail business in seasonable goods. In general business circles most developments have been favorable, notable among which might he mentioned general advances in prices of cereals, provisions. groceries, cotton, steel and pig iron, the latter -chiefly at Eastern and Southern points, continued heavy general export trade, a better tone in the mnrket for hides and leather, more firmness in cotton goods and active stock speculation, all of which are reflected in the heavy bank clearing total. Unfavorable features are few. prominent among which is the continued dullness at wholesale of wool and woolen goods. The movement of wheat and other breadstuffs continues large. Wheat (including flour! shipments for the week aggregate 5.824,726 bushels, against 5,679*141 bushels last week. Corn exports for the week aggregate 45,993.840 bushels, against 3,331,724 bushels last week.”