Jasper County Democrat, Volume 6, Number 11, Rensselaer, Jasper County, 20 June 1903 — IN GENERAL. [ARTICLE]

IN GENERAL.

In answer to urgent invitations from the British government a United States squadron will visit English waters this summer. Lewis Nixon has resigned as head of the recently formed shipyard combine, alleging clash of interests and lack of working capital. The amount of 3 and 4 per cent bonds so far received at the Treasury Department for exchange into 2 per cent consols is $72,20(5,350. Official reports show crops in all sections of the province of Manitoba sown under most favorable conditions and the outlook for a large crop most promising. The Navy Department was advised that the Raleigh, which was en route to the Asiatic station, had returned to Aden on account of leaky boiler tubes and to make engine repairs. Bradstreet’s weekly review reports iron production greatest ever recorded, with prices firm; other trade reasonably quiet; gross railroad earnings for May 12 per cent over 1902; crop damage reports exaggerated. The fruit trust, it is said, has cornered the supply of lemons in the United States, and as a result prices hare been increased over 100 per cent. The trust has placed the lemons in cold storage plants, and will not dispose of them except at its own figures. By the shifting of the foundation of a bridge over Lake Bcovil, fourteen miles east of Rat Portage, Man., a locomotive on the east-bound transcontinental Canadian Pacific express went into the lake and W. Johnstone, engineer, and W. A. Knott, fireman, were killed. No passengers were injured. The steamer Breakwater brought news from Puerto Cortes, Honduras, that the Honduras government had confiscated the railroad running from Puerto Cortes to San Pedro, a distance of fifty-eight miles, which Is owned by the Honduras syndicate, an American corporation of which Senator Chauncey M. Depew, of New York. Is president, and Henry L. Snrague is rice president.