Rensselaer Republican, Volume 17, Number 33, Rensselaer, Jasper County, 23 April 1885 — GENERAL. [ARTICLE]
GENERAL.
Business failures for the week are reported at 19G, against 174 the previous week, and 155 in the corresponding period of 1884. _ Bradntreet's Journal says in its weekly summary: Special telegrams from principal distributing centers ’report that demands from country merchants have thus far been disappointing. Spring trade is declared to be a fortnight late even where the demaud is most active. The industrial situation is practically unchanged, except:': for the strike of 1,500 flaxspinners at Paterson, N. J. The iron and steel trades are unchanged. There is no material increase in the demand for pig iron, and the competition between the mills renders ppminal quotations subject to reductions. Orders for steel rails are light, and prices are now as low as ever. The total imports of dry goods at New York during the week were valued at $1,426,000, and the amount thrown on the market is $1,537,000 The Guatemalans are said to have lost eighteen hundred men on the field of Chalchuapa. It cost twenty lives to obtain the body of President Barrios, which was interred with military honors at Guatemala City. The fire pf the Salvadorians was directed by a Frenchman, who was killed in the action.... A syndicate of Texas and Mexican capitalists has concluded the purchase of 1,500,000 acres of land in Mexico, lying in the southwest portion of Coahuila, in the Laguna district. The Nuces River passes through the tract, and tho land cost SBOO,OOO, and is said to be very fertile.... The International Bank of Guatemala has suspended, on account of being forced by President Barrios to hand’ over $300,000 04railroad deposits. It had' a capital of $1,500,000, and its stock was mainly owned in England... .One of the Ministers from . Central America, says a Washington dispatch, has received letters .from Panama which award high praise to Commander Kane for his whole coarse at the time of the destruction oT Colour TEe letters speaif m detail of the acts of this officer, and say that at every point he displayed coolness, courage, and a’ thorough understanding of all the duties which the circumstances laid upon him.
