Rensselaer Republican, Volume 18, Number 9, Rensselaer, Jasper County, 5 November 1885 — GENERAL. [ARTICLE]

GENERAL.

Seventy -fishing vessels were wrecked off the coast of Labrador in the hurricane which occurred last month, and three hundred lives were lost. A bark has arrived at St. John’s with two hundred persons rescued fiom wrecks, and over two thousand men, women, and children are said to be destitute on the shore... .The annual report of the Grand Trunk Road shows gross earnings of $1,423,857 for the half year, and net revenues which fall $48,307 short of the sum necessary to pay the preference interest charges. At the meeting of stockholders Sir Henry Tyler expressed the belief that -suicidal competition is about to give wdy to higher rates and an amicable division of traffic. C. C. McCabe, a Methodist clergyman, Writes that during .the time that Grant persisted in holding on to the War Office and refused to ]eave it for two or three weeks Bishop Simpson called upon him. The Bishop arose to go. Grant went on before

him and locked the door, saying: “Bishop, I regard the Republic as in more danger now than at any time during the war. I feel the need of divine help. I want yen to pray with me,” and the two pktriots knelt together in prayer to Almighty God for help injthe hour of danger. Lacking a market for its goods in Canada, the Riverside Worsted Factory, near Quebec, has been closed. The loss in capital invested is about $250,000. The eleventh annual convention of the Rational Woman’s Christian Temperance Union convened at Philadelphia. The report of the President shows a large increase in the field of labor in all departments. The suggestion of the Executive Committee to remove the headquarters to Chicago was adopted.. ...The half-breeds imprisoned at Regina for taking part in th,e Northwestern rebellion have forwarded a petition to the Dominion Government beg4png for mercy. They recite their many grievances, and present for consideration the provocation impelling them to the course pursued. ** The number of business failures reported throughout the country for the week was 201, as against 174 for the week preceding and 166 for the week before that. The most conspicuous feature in the general trade situation, says Bradstreet’s, is a pronounced improvement in the iron and steel industries. Pig-iron, even at the East, is in more general and firmer demand, and makers are, as a result, leaving aside all negotiations for deliveries in 1886. Prices for pig-iron are unchanged, although an early advance for best quality Lehigh irons would not be surprising. Stocks are very light. Old rails are scarce, and the nominal quotations of $lB and sl9 do not buy them. The feeling in these trades is buoyant, and considerable confidence is expressed as to the future. Bar iron is in better demand. Steel rails however, have made the greatest advance thus far, touching $32 per ton at the East and $35 at Chicago, a gain of sl. The movementpf general merchandise is no heavier than last week, with the exception that at Chicago it is reported that seasonable lines of goods ..move briskly. On the Atlantic seaboard there are but few new features. There is an increased call for funds, which is hot as yet reflected fully by an advance in interest rates. The drygoods movement is still ahead of that at the like period in 1884, but below, that of one month ago. Prices are steady. Wool sales, too, are checked, with prices film. Wheat has been irregular under speculative influences. Corn has been firmer relatively, with a little better demand for cash and small stocks. Flour is moderately firm and varies in strength with wheat. There were 354 deaths from small-pox at Montreal and vicinity for the week, being an increase of 29 over the former week. All of the children in the Catholic' schools are to be vaccinated.... In the Mexiican Congress articles of.impeachment were presented against ex-President Gonzales, in which he was charged with misusing the public funds. Great excitement followed. ....Apolitical riot which for several days has been in progress at Bustamente, Mexico, between the white and Indian parties, has already caused four deaths. Every man is a walking arsenal. The state officers at Monterey have been called upon to restore order.