Rensselaer Republican, Volume 18, Number 44, Rensselaer, Jasper County, 8 July 1886 — GENERAL. [ARTICLE]

GENERAL.

C. H. Bich, oiie of, the railway postal clerks recently discharged for connection with the secret league, was reinstated after establishing his innocence of the charge. The Missouri Congressional delegation has invited the Chief Magistrate to attend the State Fair at St. Louis in October. The President has expressed a de- ' site to inspect the Michigan State Fair in September... .President Bates pronounces the story that the Baltimore and Ohio Telegraph Company is to be consolidated with the Western Union “an infernal lie.” The total number of failures in the United States reported to Bradstreet’s for six months of 1886 is 5,461, against 6,106 in 1885,5,444 in 1884, and 5,296 in 1883. The total liabilities are $53,241,000, against $68,570,000 in six months of 1885, $124,104;000 in 1884, and 000 in 1883. The assets aggregated $25,509,000, against $32,955,000 in six months of 1885, $70,730,000 in 1884, and $39,887,1X10 in 1883,. The percentage of assets to liabilities this year and last is 48, against 56 in six months of 1884 and 54 in 1883... .Bradstreet’s reports business throughout the country quiet, with a ven* hopeful feeling among merchants as to the fall outlook. The tone of the Ary goods market is encouraging, all advances in cotton goods haring been well maintained and stocks being light. The pig-iron market is unchanged as to price. Mill irons are dull. Steel rails are strong at the low prices quoted, and the mills lire full of orders. The low price of English rails exercises a depressing influ--ence Wheat. prospe£ts,._aside f rom Vis - consin and Minnesota, are for a fair harvest. Estimates vary from 435,(XHIJXH) to 465,(XX),(XX1. bushels. The foreign wheat prospects are less favorable, particularly in India. Bradstreet's reports of stocks of wheat east of the Rocky Mountains July 1 aggregate 35,000,1X10 bushels* against 63.000,000 three months ago, and on the Pacific coast 6*,(KM),000 bushels, against 10,000,000 April 1. Petroleum tends lower, but is very variable under conflicting new-well news. Lard has been materially advanced by speculators. The Canadian cruiser Terror has seized the fishing-schooner sCity Point, of Portland, which put into Shelburne to obtain water and effect some repairs. The niackerel-steamer Novelty, of Portland, ■was warned by the customs collector at Picton not to purchase supplies in that port, and she put to shore short of coal.