Jasper County Democrat, Volume 2, Number 19, Rensselaer, Jasper County, 19 August 1899 — IN GENERAL [ARTICLE]

IN GENERAL

Alexander McDonald, king of the Klondike, has failed. His liabilities are estimated at 89.090,000. His assets are of uncertain value. The recent seizure of six Canadian fishing boats near Point Roberts by the United States customs officials will probably be settled by the release of the boats. When Gen. Torres learned that his nephew had been killed by the Yaquis he ordered that forty prisoners who had fallen into his hands be put to death, and they were taken out and shot. In consequence of the new anti-rebate law going into effect in Texas general managers of all railroads will call in every pass and no more will be issued except for charity, to employes and peace officers. Sixty Chinese members of the crew of the United States transport Victoria were in mutiny and before the end came a pitched battle took place. The ship’s officers, backed by some carpenters, won. The trouble arose over wages, the Chinamen demanding a 87 increase a month, which was refused. The climax of the Missouri-Kansas Zinc Miners’ Association fight against the smelters for higher prices for zinc was reached the other day, when the association announced that it had made the prices for all grades of zinc ore for the next six months. This means prices for about $8,000,000 worth of zinc ore. Heretofore the schedule of prices has been made weekly. R. G. Dun & Co.’s weekly review of trade says: “The output of iron furnaces in blast Aug. 1 was 269,032 tons weekly —60.8 per cent more than in 1892 and 2.07 per cent more than last year. The supply appears to be at least equal to the demand, although new demands for the week have covered 2,100 tons for new buildings at Chicago, with much for bridges, and 4,000 tons for eastern buildings at Pittsburg. Wool is a little less active after its great rise, and inside quotations are sometimes accepted, but sales at the three chief markets have been 20,206,690 pounds in two weeks, against 23.495.800 in the same weeks in 1897, and 16,436,600 in the same weeks of 1892. Failures for the week have been 136 in the United States, against 196 last year, and 29 in Canada, against 18 last year.”