Jasper County Democrat, Volume 3, Number 42, Rensselaer, Jasper County, 26 January 1901 — IN GENERAL. [ARTICLE]

IN GENERAL.

The heaviest snowfall known in years has absolutely blockaded all the railroads of Alaska. From Skaguay to Dawson and below the Yukon is covered deeply, while the drifts iu places exceed twenty feet. The White Pass and Yukon Railroad is tied up its entire length. W. W. Rockbill, special commissioner of the United States to China, has been lecalletl. .Mr. Rockhill's withdrawal is due to the il< 'ire of the administration to have - him iu Washington, where he will be able to advise the President and Secretary Hay on the Eastern problem. F. 1. Andrews and others of Coudersport, Pa., have closed a deal for 40,006 acres of timber and mineral lands in Monroe County, Tenn. An engineering party will be put in the field iu a few days to survey for a fifteen-mile extension of the Nashville, Tellieo and Charleston Railroad from Tellieo Pla’cs Into this timber and mineral belt. At a meeting of the four classes of the West Point military academy ,'t was unanimously agreed to abolish the practice of hazing. A resolution to this -iffect was drawn up and presented to tho congressional investigating committee. (Jen. Dick sa:d; ‘‘This voluntary act of. thn corps Ims so impressed the eomiu’ttew that they have reason to believe that in spirit and in letter it will be carped out by those cadets who are now at the limitary academy. This action of the men 5s greatly commended by the committee. 0 Bradstreet’s says: "It has been a week, of ebbtr-g strength in the cereals. Argentine reports have been devoted to stretehipf estimates of the export surplus from thn' country. Northwest wheat receipts hnVv aliio been heavy, and the socalled Wall street interest has been reported to hate been liquidating. Corn receipts ar? also heavier ami prices are lower. WReat, including flour, shipments for the week were 3,336,654 bushels, against 5,1X51,005 last week ami 3.(Mi1,000 in the corresponding week of 1900. Corn exports sgg.-cgate 5,184,550 bushels, against 4,397,435 last week and 3,199,312 bush?U tnis week a year ago." Federn’ Sti-el Company interests have bought, outright or secured options and proxies on practically the entire common stock issue of the American Steel snd Wire Company. Arrangements have been made for th? underwriting of a Federal Steel bond ijsue large, enough to pay for the stock, much of it subscribed in Chicago. but most of it taken by the great Wall strec/ interests—Morgan, Porter, Flower, Gary, Mills, Spencer, Rogers and others of t.imilur weight. Norman B. Ream and Marshall Field represent the Chicago interest, and Boston is in it In the persor of Nathaniel Thayer. Under cover of what amounted almost to a panic in the security market this'enormous deal has been brought to completion.