Rensselaer Republican, Volume 25, Number 48, Rensselaer, Jasper County, 27 July 1893 — WASHINGTON. [ARTICLE]

WASHINGTON.

A dispatch received in Washington from Rome states on good authority that there4S no cholera in Naples. Controller Eckles, Thursday, sent a dispatch to Bank Examiner Adams, of Denver, assuring him that the Government would extend all possible aid to the banks of that city. The Treasury Department, Friday, purchased silver at 70 cents per ounce, the lowest price ever paid for the white metal. The highest price ever paid under the Sherman law for silver bullion was >1.20 per ounce. Controller Eckels was in New York, Tuesday night, and was entertained at the Union League Club by his predecessor in office, Hon. A. B. Hepburn. A large number of bankers were present,. Mr. Eckels made a speech commending the course of the New York hanks during the crisis, and talked most encouraginly of the outlook, reiterating his often expressed views that there was no real danger. An important change has been made by the Treasury Department in the classification of wool thate will lower the duty on some grades of the article nearly 100 per cent. Hereafter the material known as 149 and 150 flamantine skin wool and 179 Kassapbatchia skin wool, second quality of the first class, will be known as 390 and 397 Servian wool and 389 Kassapbatchia skin wool, second quality of the third class. The changes in duty cannot be made clear to the laymen through the language of the wool law, but the statement may be accepted as true that the duty is considerably lower, in some cases nearly 100 per cent. Wool growers and importers will be interested in the change as shown by the law. The chief of the burea of statistics reports that during the month of June there arrived in the ports of the. United States from principal foreign countries, exceptthe British North American possessions and Mexico, 87.726 immigrants, and in June, 1892, 73,120. During the twelve months ending June 30, 1893, the number of immigrants was 497,936, and during the corresponding period of the preceding year 619,320. Of the number arrived during the twelve months ended Junq 30 last 96,313 came from Germany, a decrease of 24,300; from Italy, 72,403, an increase of 11,459; from Sweden and Norway, 53,872, a decrease of 3,281; from Russia, except Poland, 43,657, a decrease of 40,631, and from the United Kingdom. 108,716, a decrease of 8,352. •