Rensselaer Republican, Volume 17, Number 41, Rensselaer, Jasper County, 18 June 1885 — GENERAL. [ARTICLE]

GENERAL.

•News of a terrible disaster comes from Zacatecas, in Mexico. -, Twelve mile? from that city is situated the celebrated SantoTiburcio de Laveta Grande Mine, that has produced ever since tlie Spanish conquest, yielding unto’d millions of silver during that time; Within the past few years it has been newly developed and fitted throughout with the most cosfly modern machinery. The work of recovering and reopening old portions of the great mine had been in progress for some time, and was approaching completion. Large quantities of timber and other material, including blasting-powder, had been kept on hand. Suddenly an explosion occurred, plainly? heard at Zacatecas. Five hundred cases of giant powder had gone off by some means unknown. Ten persons were killed outright, and as many more wounded. The mine and everything near it was a complete wreck. The surface improvements were totally destroyed. On the steamers Weser and Polynesia, now at quarantine in New York harbor, forty cases of small-pox have developed since the vessels came into port... .Glanders caused the death of two men at Montreal.

There were 207 business failures during the week in the United States and Canada. The general conditions affecting trade are unfavorable. The accumulation of surplus funds at leading business centers is increasing, the volume of merchandise moving is light, and there are few encouraging features in the industrial 0ut100k.... 8. H. Seamans, Secretary of th^'Millers’ National Association, has completed and issued an exhaustive report of the present condition and:' outlook of The wheat crop as compared with the same time in 1884, compiled from replies to 3,000 circular inquiries sent to the milling fraternity and others. The report makes the probable aggregate yield of wheat in the United States this year 339,164,800 bushels, or 20,835,200 less than the estimate of the United States Bureau of Agriculture. City of Mexico dispatch: “Advices from Leon state that a few nights ago Leon River rose and entered the eastern part of the city. Two persons were drowned, the Central Railway washed out, and growing crops destroyed. On the following night a tremendous water-spout broke a few miles above the town of Paso de Cuarenta, twenty miles from Lagos City. The flood was so great that it practically annihilated Cuarenta. Thus far 170 bodies have been recovered. Many bodies were washed several miles down the valley, being discovered in fields below the town” The search is going on. Paso de Cuarenta had eight hundred inhabitants before the flood. ” The exports of specie from New York during the week were $432,127.76; imports, $38,281. The imports of merchandise aggregated $5,805,146 in value, exclusive of dry goods... .Last week’s in the principal cities of the Union shdw an average decrease of 16.9 per cent. Sa compared with the corresponding week of last year. In New York alone the decrease was 23.1 per cent.; in Chicago, 11.1 per cent.; and in the country outside of New York it averaged 4 per cent.