Rensselaer Republican, Volume 18, Number 18, Rensselaer, Jasper County, 7 January 1886 — THE NEWS CONDENSED. [ARTICLE]

THE NEWS CONDENSED.

THE EAST. Connecticut has beeu shaken up by a mild sort of earthquake... .In the libel suit for $25,000 of Henry V. Bemis, of the Chicago Horseman against the proprietors of the Turf, Field and Farm at New York . the demurrer of the latter that the facts did not constitute cause for action was sustained by the court It is stated that the Vanderbilt securities in the vaults of the Lineoa National Bank, New York, count up $305,000,000... .The Bedell House, a summer resort on Grand, Island, in Niagara River, was burned; loss, $30,000. .. .The Lancaster (Mass.) National Bank is closed, and its President, W. 11. McNeil, is a fugitive. It is alleged that he embezzled $100,000... .The great strike of river colliers at Pittsburgh is practically at an end. Two thousand men are at work at the reduced rate of 2J cents per bushel... .Pittsburg advices are to the effect that the long strike of the river coal miners is practically over, many men having returned to work at the 2s-cent rate.... Boston reports the expenditure of $8,000,000 for new buildings during the, past twelve months. Omaha claims to have put up fourteen hundred structures at a cost of - $3,720,000... .The Pennsylvania Schuylkill Valley Railway Company has increased its bonded debt to $10,000,000, and approved the lease to the Pennsylvania Railroad Company.... The New York Central Directors met and declared a dividend of 1 per cent. The Lake Shore Directors decided to pass the dividend. The statement for the year 1885, partly estimated, shows: gross earnings, $14,088,457; operating expenses. $9,247,081; net eaming6, $4,841,376; all charges, $3,893,000 —leaving a surplus of $948,576, * or nearly 2 per cent, of the capital stock. A SECOND attempt was made Sunday to burn down the town of Tarentum, Pa. The incendiaries took every precaution to make this attempt a success, cutting the ropes of the two alarm bells and rendering the pnmps useless. The flames were discovered and extinguished by the citizens with a loss of only $9,000. The previous attempt entailed a loss of $50,000.... A stage coach was upset near Burlington, Vt.. and set on fire by the explosion of a kerosene lamp. All the occupants were badly burned, one of them, Mrs. Revar, receiving probably fatal injuries.