Rensselaer Republican, Volume 27, Number 22, Rensselaer, Jasper County, 30 January 1896 — OUTLOOK FOR TRADK. [ARTICLE]

OUTLOOK FOR TRADK.

COMMERCE S+ILL WAIT? UPON CONGRESS." Some Prices Rises Solely Because of Shcrt Supply Philadelphia Line Proposes to Resist Spanish Cruisers Steamer St. Pant on the Qeach. \' - ' Dun & Co.’S Review. Il.'G. Dun & Co.’s Weekly Review of Tra>le says-, ~Uhe week has boon marked by improvements apparent rather' than real, - Prices of some products have risen, but only because supplies are believed to be smaller than expected. The Senate still injures all business by doing nothing and the treasury cannot expect to gain in gqld. as yet, but loses less than was expected. It is generally assumed that '•the new loan will be placed without difficulty, though the successive payments may cause continued disturbance. A deluge of foreign reports favorable to wheat speculation found ready answer'iu an advance of over 5 cents here} in spite ’ of Western receipts 50 per cent, larger than last year.” to Kingdom Conic. The Hart Line steamers, plying between Philadelphia and Cuba and the West Indies, will in future be armed with cannon and Maxim guns. Capt. Ker, counsel for the owners, has notified the Collector of the Port that they will carry bow-chasers, and will blow tlie exotic Spaniards to kingdom come should they give any more trouble. The two vessels first on the list for equipment are the Ilorsa and Lauradu, both of which have gained no little notoriety from their alleged connection with filibustering expeditious to Cuba. Casts. Ker avers that both vessels will need arms for self-protection, the Laurada from the pirates which infest the coast of Africa, the Horsa from the Spaniards gunboats. The Spanish authorities in the city, will, it is said, exert every influence to prevent the Hart boats from leaving the port of Philadelphia with arms on board. Capt. Ker said: “I am told thaVthe Spanish authorities have said that if they catch ally Of the vessels of the Hart Line in Cuban waters they will make it hot for them,.this information may not lie true, but I have every reason to distrust the Spaniards. The verdict in the case of Capt. Hughes shows that our vessels have not done anything: wrong. We are not going to give up the AA’est Indies trade, and we know there are no United States war vessels to protect us. We have concluded to go into the protecting business ourselves and we will put guns on our boats and use them if necessary. There are lots of young men from our naval training vessels who would-be only too glad tb get positions where they could show their capacity, and there are no better gunners iu the world than they are.” Raced Into a Sand-Bar. It was during a spanking race to make New York port ahead of her fleet rival, the Gummier Campania, that the Ame*rican liner Bt. Paul ran her hose 100 feet into the white sands of Long Branch Friday at midnight. Stories differ about the Campania, it being declared and denied that she, too, ran aground, but was able to release herself. The .stranding of the St. Paul, it was learned when her passengers arrived in the city at 7 o’clock Saturday evening, occurred at the close of a seventeen-hour race, called off ou account of the heavy fog. This is vouched for hath by . tlupt ain \Valker of the- Campania and she, passengers of botli ships. AA T nlker came near going ashore himself off Hibbron, but was warned by the men of the life-saving crews and dropped anchor in time to save bis sliii>. It is possible the St. Paul cannot be floated ill time to save her. Rich Field in China. The Chinese Government has agreed to open the AA’est River provided China is allowed to retain the territory ceded under the Burmah-China convention in 1894. The cities of Canton and Hong Kong are situated on the lmy into which the West River empties. The news occasioned no small satisfaction in Hong Kong. The trade of the rich province of Cunnnj. had begiin to be diverted by the activity of the French iu Tonquiu from its natural channel down the river. Decide Against Kenefick. Tlie Cook County Commissioners lit Chicago ’canceled the contract with I’. Kenuefick & Co., who are charged with delivering short-weight coal to the county’s dependents, voted to withhold further payments to that firm and appointed it-eoi««wttw><w present the case to the Grand Jury.