Rensselaer Republican, Volume 18, Number 7, Rensselaer, Jasper County, 22 October 1885 — GENERAL. [ARTICLE]

GENERAL.

The profits of the Western Union Telegraph Company for the twelve months ended June 30, 1885, were $5,700,924.13. At the annual meeting of the stockholders in New York Col. R. C. Clowry, of Chicago, was elected a director to succeed Mr. John Pender, Of London, resigned... .The B. & O. Road has declared a half-yearly dividend of 5 per cent, on the main stem and the Washington Branch. During the fiscal year ending June 30, 1885, the Dominion Government has spent , over $350,000 on immigration. Assisted immigration since 1880 has cost Canada about $1.500,000,,.. .Forged vaccination certificates have been presented at Detroit by persons from Montreal. The victims of small-pox in that city last week were nearly all French-Canadian children. Diphtheria and typhoid fever have become epidemic at Kittanning, Pa. Our big crop of oats this year, estimated at about 600,000,000 bushels, has pressed so heavily on the market already as to have le dto a liberal export movement. The receipts at New York in August aggregated about 4,000,000 bushels, and not far from a quarter of these were sent across the Atlantic, the movement being relatively much larger than that of wheat or corn. It is probable that a considerable proportion of' our crop will go abroad in the shape of oatmeal. There were 166 failures in the country during the week, against 297 for the preceding week. Bradstreet's Journal, in its weekly commercial summary, says: “The more moderate movement of merchandise throughout the country reported to this journal last week maintains the proportions then noted. The volume of business continues in excess of that reported at a corresponding period in 1884, though in some lines below that in October, 1883. Merchants at the larger business centers are inclined to consider the situation as satisfactory, and in some instances the future of trade is regarded hopefully. The conservative attitude of buyers joined to evident increased requirements on their part is believed to promise a fair amount of business, and with the coming cold weather renewed purchases are confidently looked f0r.”....A Para rubber firm, which is intimately connected with a New York house, is accused of defrauding the Brazilian Government in the past few years out of $1,000,000, through the evasion of export duties. The Transcontinental Association is said to have notified the Pacific Mail Steamship Company of the withdrawal of the monthly subsidy so long paid to that line, amounting in the past ten years to $10,000,000A scheme for free trade between Mexico and the United States is being discussed, which entails the payment to the former of sls,ooo,oooThe National Prison Reform Association met at Detroit, last week. Ex-President Hayes made the opening address.