Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1876-07-06
Business Notes.

Over thirty companies are digging
for gold in Upper Georgia.
The Ohio ard Mississippi railroad
company earned Ss4, 4,94S.7s during the
second quarter in June, being an in
crease of Sl6,644.5I over same time
last year.
The Chicago and Alton railroad COM
pany earned s129,713.21 during the
second week in June, being an increase
of S27,706.SS over same time last year.
A 100000 second mortgage of April
1, 1876, of the Missouri, Kansas *
Texas railroad company on all its lines
in Missouri. Kansas and Indian Terri
tory to the Union Trust Company of
New York has been recorded in Mis-
souI.
The bill passed by the Connecticut
house of representatives TO reduce the
legal rate of interest To q per cent,
provides, however. that the borrower
may pay. or agree TO pay, the taxes
assessed and paid upon the loan. and.
in computing interest, 800 days may DE
considered year. Any person who
shall receive for forbearance more
than at the rate authorized shall for
felt the interest for the time so taken.
The strongest fibre known. with the
single exception of silk. is that of New
Zealand flax. A great obstacle to its
use is the difficulty of cleaning it
economically. The native Maoris dress
it with sharp mussel shells. AS all the
machines designed by Europeans for
treating it have proved unsatisfactory,
there is a good chance for a live
Yankee mechanic to make his fortune.
The coin counterfeiting business is,
according TO the Panama Star and
Herald, extensively and almost pub
liely. owing TO defects in the laws,
carried on at Panama. The Star and
Herald names two wen known resi-
dents as generally suspected. and says
they have sailed for Jamaica Three
other persons were arrested dh the
25th ult.. on the steamer Oroyo. and
were found to have bars of sham silver
i'm their possession. One was identi-
fed as having sold some on shore.
The Boston Post of Saturday SAYS a
firm cf that city is now loading nine
sailing vessels with 100000 bushels of
corn for Liverpool. and the exports of
all kinds of grain for the week will
foot-up nearly half million bushels.
The outgoing Leyland steamers are
freighted almost entirely with bread
sfuffs. Some credit is due to the
Boston and Albany railroad manage
ment. who continue to rebate to grain
shippers for the export trade the differ
ence in charges for inland transporta-
ton between Boston and New York.
The Providence Press says: The con-
tract of the Providence tool company
to supply Turkey with 100000 Pea
body Martini rifles causes the Euro
pean war cloud &c be watched 10y 2e
employees of the concern with peculiar
interest. The contract is only half
finished, and the hope is very strong
that the powers will keep their hands
off from Turkey couple of years
longer, or until the remaining 100000
guns are supplied. The Ottoman gov
ernment. it is generally known, is rep
resented here 10y board of Turkish
officers, who receive and pay for the
arms as fast as manufactured.
There appears to lie strong senti-
meHt among the mercantile class in
favor of the adoption by congress of
the bill now pending for the punish
ment of parties found guilty of coun-
terfeitins trade marks, with an amend
ment exempting from damages inno-
cent parties in whose possession such
counterfeit goods and wares may be
found. Such a measure should have
been enacted long before Now. The
men guilty of such frauds not only rob
the manufacturers. but they obtain
money under false pretenses from the
public. besides tampering with and in
many cases irreparably injuring the
health of their customers. The pend
ing measure should DE pressed to a
final passage with as little delay as
would allow of a proper preparation.