Jasper County Democrat, Volume 1, Number 41, Rensselaer, Jasper County, 21 January 1899 — IN GENERAL. [ARTICLE]

IN GENERAL.

A chewing gnm trust, with a capital between $15,000,000 and $20,000,000, has been practically completed. An international thread trust, which will take in the principal mills of the United States and England, is reported to be nearly formed. The last year has been an unfortunate one for the Government system of railways in Canada, the net deficit of the year's operation being $212,460. A syndicate of bankers has been formed to buy the whole of this year's crop of Havana tobacco and eventually to purchase every Cuban tobacco plantation. A serious fire visited the town of Bridgewater, N. S. About thirty business places were destroyed, including the postoffice, music hall, savings bank, hotel and telegraph office. A number of residences are also reported burned. An extraordinary case of lethargy, or catalepsy, is reported from St. Jean Baptiste ward, Montreal. It is that of Miss Eva Roch, a young lady of 20, the daughter of Antoine Roch, a corporation employe in the road department. She has been apparently asleep about twenty days. There are 1,288,163 telephones in use in the world, the service covering miles. The number of instruments in the United States is placed at 772,627, while Germany has only 151,101; Great Britain and Ireland, 69,645; Sweden, 56,500; Canada, 33,500; Switzerland, 28,846; France, 27.736; Norway, 20,678. Michigan Central express No. 15, west bound, was thrown from the track at the interlocking switch at the (Rand Trunk crossing at Welland. Ont., on account of the air brakes on the train refusing to work. The engine, tender, two baggage cars and two passenger coaches were ditched, the engine being badly wrecked. Three train men were injured. Many Klondikers have been killed and at least three steamers wrecked by ice jams in the Yukon river below Dawson. A letter received from Fort Yukon states that John Dobbins of Victoria and Mr. and Mrs. Horsfall of Seattle perished while en route from Fort Yukon to a point thirty miles below there. The same letter states that three steamers are stuck on the bars and are partially wrecked between Fort Yukon and Circle City. They are the Robert Kerr, Seattle and Tacoma. All three will be total wrecks. W. J. Lyons of Sonora, Mexico, has gone to Indian Territory to escort the Delaware Indians and a portion of the Creeks and Cherokees to Mexico, where they will settle on lands conceded to them by the Government of that republic. All the Delawares will settle in Sonora, the Creeks go to Guadalajara and the Cherokees to Durango. On the arrival of the colonists at their destinations four representative men of each tribe will accompany Lyons to the City of Mexico for a visit to President Diaz, where the Indians will be welcomed with appropriate ceremonies and receive the concessions accorded them.

IL G. Dun & Co.’s weekly review of trade says: “Throughout, the country was never as strong financially, as even governors of London banks admit, one stating that as London had financed America heretofore, now for the first time New York> is financing Europe. Wheat and cotton stiH go out largely. Europe is buying because it has needs, and New York is lending to Europe nobody knows how many millions liecause there is for the present no need to call loans. The receipt of $2,500,000 gold from Australia is announced at San Francisco. Americans are in'the humor to invest in their own country, and have a great amount of money to put out without recalling any of their loans to Europe, so that the heaviest transactions ever known on the stock exchange hare occurred during the week. Failures for the week have been 318 in the United States, against 349 last year, and 24 in Canada, against 45 last year.”