Rensselaer Republican, Volume 27, Number 39, Rensselaer, Jasper County, 23 May 1895 — COLD DELAYS TRADE. [ARTICLE]

COLD DELAYS TRADE.

ADVANCE OF WAGES THE MOST CHEERFUL NEWS. *ren«cotlouß Fire Sweeps Through a A’ermbnt Town Worst-Diaaster of Centuries in Italian Towns—New Find in Alabama-Spain Compliant. Wages Advancing. R. G. Dun & Co.’s Weekly Review of Trade says: “The severe cold snap,..with extensive frosts and in some States snow, has fortunately done little damage to the grain crops, though much to fruit, but has considerably retarded retail trade. The best news is the advance of 10 per cent in wages by the Carnegie wbrks, followed by the Jones & Langhiiii establishment, and evidently implying a similar advance by many other concerns. Th'e Illinois Steel Company is starting its furnaces without granting the demands of employes. No advance has been found, practicable in the woolen mills. In other departments of labor troubles are not serious, and-the-demand. for manufactured products increases. With material and steady —enlargement in—domestic —trade there is still great want of employment in the interior for money, which, with the millions distributed by the syndicate on bond aceoant, stimulates speculation. Accordingly wheat lifts risen 5, cents, although reports-of injury by frost do not appear to concern 'any considerable proportion of the growing grain.”

Awful Disaster in Italy. More than three thousand residences in Florence, Italy, alone are in ruins from earthquake, and buried under the debris arc the mangled remains of victims. The survivors wahder about the streets, bemoaning the less of their friends, yet afraid to search ,the ruins for fear of more violent visitations of the earthquake. Florence does not mourn alone, for from the adjacent cities come stories of waste and loss of liTe. At Sail Matino, the principal church was filled with worshipers when the-shock came, and before any of the congregation could escape the stately edifice l ,fell, crushing many to death. Ycry few escaped without injuries. The disaster is the worst, experienced by that section in hundreds of years. Morton Says He Cannot Answer. A letter on the beef question from Secretary of Agriculture Morton appears in the National Provisioner of New York, which replies to the question if he favored placing beef on the free list. The Secretary says lie does if it is manipulated by a combination of the packing houses, but that question is being investigated and is not determined, so lie cannot say what his recommendation will be to tin? executive. But. lie asks, if business is depressed; why do they suddenly and arbitrarily raise -prices- -and lessen - consumption? -

Ricli Mica Eeposita Found in Alabama A rich mica lead has been discovered in Clay County, Ala,, in the foothills of Talladega Mountain. The vein can be followed two miles by outcroppings. A company of Chattanoogans are purchasing options on all the country in the vicinity. A vein being,opened is four fed thick and tips at an angle of 55 degrees. The finest commercial mica has already been taken out, the largest take weighing 24 pounds and cutting into pieces 7xß inches. Vermont Town Fire-Swept. St. Albans. Vt., was visited Sunday afternoon by the most destructive fire in the history of Vermont. The loss is estimated at $750,000, and the possibilities are that amount niay be increased when the accurate figures are had. Practically six streets in the business portion of the town are laid waste, and, with the other sections burned over, seventy-five acres of ground are ooveF£d~~by—smoldering ruins. About 500 people are homeless. New York San Jo Mulcted in The libel action which the Renter Telegram Company brought in London against the New York Sun and the Central News, as the distributors of the Sun, for an article which appeared in the Sun Oct. 28, 1894, headed “Spurious News of the Eastern War.” has -resulted in a judgment against the Sun in the Queen’s Bench division of the High Court of Justice. the Sun not appearing. Action is pending against the Central News. Spain Accedes to Gresham's Demand. : Madrid dispatch: The Spanish Goveruhient has completed its final answer to Secretary Gresham’s dispatch concerning the Aliauca incident, and it will be cabled by Minister Taylor to Washington. The text of the reply will not be given here, but it is known to be entirely responsive to Mr. Gresham’s requests and to be in a most cordial and friendly spirit.