Rensselaer Semi-Weekly Republican, Volume 19, Number 40, Rensselaer, Jasper County, 21 January 1898 — EASTERN. [ARTICLE]

EASTERN.

Brayton Ives, formerly president of the Northern Pacific Railroad Company, has been elected president of the Metropolitan Trust Company .of New York, to succeed Thomas deceased. Thirty-nine cadets were discharged f ropi West Point, having been found deficient in their studies. Among them were George H. Baird, Elmer L. Ham,. William F. Larkin and Omar F. Telforth of Illinois. At New York, the intervention of the unsecured creditors of the insolvent Union Pacific Railroad at the last moment prevented the sale of $16,000,000 of securities. The sale hits been postponed to Jan. 26, but there is a possibility that it will not take place even then. Mrs. Augusta Nack,, jointly charged with Martin Thorn with the murder of William Guldensuppe, a bath-rubber, at Woodside, L. 1., in June of last year, Was sentenced at New York to fifteen years in the State prison at Auburn. The goodtime allowance may reduce the term" to tep years and five months. Seth D. Tripp, whose inventions revolutionized shoe manufacturing, died in Lynn, Mass., aged 72 years. When about twenty years old he began work on his first machine, which was for pegging shoes, and it was a pronounced success from the start. Previously all the work In making shoes was done by hand. The machine was considered a wonder, and finally found its wny into many factories. He next invented a counter-skiver and later secured numerous patents on rolling machines, sple molders, shank cutters, heel polishers, sole dyers, welt cutting and beating-out machines. The forthcoming annual report of the New York Chamber of Commerce for the fiscal year ended June 30, 1897, will show that the total value of foreign exports in 1896-7 was $880,278,419, of which $556,948,911 was entered at the port of New York. The total value of domestic exports was $1,127,701,948, of which amount New York is credited with $467,624,856. The decrease of the total foreign commerce at the port of New York as compared with the previous year was $3,153,044, while the increase at all the ports of the United States during the same period was $135,994,713. The value of merchandise and coin bullion imported into and exported from all the ports of the United States in 1896-7 in American vessels was $247,563,860. Foreign vessels carried $1,661,107,043.