Rensselaer Republican, Volume 17, Number 43, Rensselaer, Jasper County, 2 July 1885 — GENERAL. [ARTICLE]

GENERAL.

President Chaki.es Francis Adams, of the Union Pacific Railway, presented his views on the transportation problem before the Senate committoo oh interstate commerce at Omaha. Ho declared that pooling was necessary to prevent ruinous competition among railways, and expressed little faith in the utility of a Government commission. Jle denounced the pass si sb m in vigorous terms, declaring that it cost the Union Pacific Company $2,000 a day. S. W. Tall madoe, Secretary of the Milwaukee Chamber of Commerce, has issued what he claims to bo a closei and reliable estimate of the probable wheat yield of the United States for 1885. This estimate places the spring wheat yield at 121,000,000 bushels; winter wheat yield tit 210.(100,000 bushels. Total spring nnd winter; 331,000,000 bushels. From these figures it will be seen that the crop of 1885, compared with 1884, will show n shortage in winter wheat off 100,000,000 bushels; spring wheat, 22,000,000 bushels. Total shortage spring and winter. 182,000,00© bushels. The average wheat yield of the United States for five years past is 401,000,000 bushels. The estimate shows a shortage compared with the average five years past of 130,000,000 bushels... .A report has been received at the Navy Department from Admiral Jouelt announcing the failure by, tho parties interested to settle the disputes in tho United States of Colombia. He says the political differences between the two parties are of such a nature that a peaceable settlement is quite impossible at this time. Hostilities are likely to continue iiulefinitly.... The convention of the National G. A. 15. encampment at Portland, Me., elected exCougressman 18. S. Burdette, of Missouri. Commander-iii-Chief. Delegate Griffin, of Eau Claire, Wis., created a sensation by presenting the name of Gov. Fairchild, and designating the proceedings of the convention. as disgraceful and disorderly. His apology only made matters worse, and he was forcibly seated by friends... .Of one hundred immigrants landed at Montreal by one steamer, thirty-six Were deaf-mutes.

There wero 184 failures in tho United States during tho week, against 170 for tho preceding week, nnd 153, 165, and 153, respectively, for corresponding weeks of 1884, 1883. and 1882. Bradistreet'a Journal says of the condition bf trade: From the leading business centers word conics that trade continues quiet and singularly free from speculative movements. Surplus funds at the lunks at New York and boston show no signs of growing smaller, and the demand for money at the interior has not equaled the expectations. The volume of general merchandise moving is made up of hand to month purchases.. Sincethe labor trouble at IV.tsburgh has been settled the local trade situation has assumed a better aspect. At Philadelphia merchants aty inclined to a more continent and hopeful view of the near-by future, while at New York the reverse is true. Cotton aud woolen millmen fuall directions are inclined to regard the outlook as opposed to a revival, and their complaints as to the effects of the late heavy auction sales of cotton and woolen fabrics at the East am based, they claim, on the injury done the textile manufacturing interests. A: Boston there has been some activity in sales of dry goods by jobbers, but agents aud makers report trade as dull as ever. It is believed that the Mexican .Government has iu reserve a more extensive financial project than the oue promulgated a few days since. Tho $4,000,000 worth of nickel eoiu stored in the palace at the City of Mexico has been sold to European parties for $800,000... .Prominent French-Cana-dians at Quebec are raising funds to defray the expefiSes of Riel Jttd bis associates in the coming trials at Regina. TitE clearances for the week Bhow a slight improvement. Trade all over tbe country is quiet ami free from speculative movement Chicago shows an increase of 1.2 per cent, as compared with last year, while the decrease at New York was'26.2 per cent