Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-12-11
MISCELLANEOUS NEWS.
AN ACCIDENT TO ALIEN. STEPHENS.


fell. causing a painful wrench of his
knee, which will probably contine him
to his room some time.
L. s. SENATOR'S GOOD LUCK.
A Washington personal telegram of
Dec. 9th says: Senator Chatfee, as we'll
as Senator Jones, has been fortunate
this summer. A silver mine in which
Chaffee owned one-half interest, has
been developed during the last month
so that it PAYS an income of $4,000 n
dav. Senator Chaffee thus receives
1880 daily from his mine and $13 q
day as senator.
KEENES GREAT WHEAT CORNER.
1t was discovered Dec. 4th, or there
abouts, that the great California million
aire, James Keene, had entered the
Chicago and Milwaukee markets to or
sanize an extensive corner on wheat.
Various rumors were atioat but without
any tangible foundation. A Chicago
dispatch, after relating Keene's initia-
tory operations in that city, says:
There was a larger crowd on change,
Yesterday, than has been seen there for
months, the chief desire of the anxious
ones being to see Jim Keene, the man
who could take 100000 out of his
vest pocket, inclose it IN an envelope,
and send it by express to Chicago to buy
up what wheat there might be lying
around loose In the elevators. ''What
will keene do with his wheat?" is the
all absorbing question just now. Will
he leave it here or take it to New York?
His action IN this matter will be largely
determined by the way he got the
money to pay for it. If it was an accu-
muated balance he will be likely to
leave the wheat here and take advan-
tage ofthe Chicago market to unload, if
he desires to, or he may carry the
property along till spring. II, on the
other hand, the money was borrowed,
he will, in all probability, pack the re-
ceipts in his little grip-sack, post off to
New York city with them, and there
hypothecate them. Again, it may be
that Keene has obtained the funds on
stocks or other securities. in which
event the result, so far as Chicago is
concerned, may be the same as though
he were operating with an accumulated
balance.
1t is believed that keene, or the New
York ring which he represents, will
next pay special attention to the Mil
waukee market, as. if they intend to
run successful wheat deal, it will be
necessary for them to control the two
primary markets-Chicago and Mil
waukee. Milwaukee is of less impor-
lance to them than Chicago. as the
wheat-growing territory tributary to it
suffered severely from drouth this last
season, and the stock there is conse-
quently low, the amount of No. 2
spring now in store there being only
100000 bushels. Since the ring
movement was started the receipts
there and here have materially in
creased, Milwaukee receiving $4,000
bushels of all grades yesterday. The
price there is about half cent lower
than IN this market, which is a
phenomenal circumstance. 1t is pretty
generally conceded now that Keene has
bought to hold, and will continue to
buy IN self-protection until the shipping
season opens, when he expects to I'M
load judiciously at not less than 81 per
bushel and pocket the proceeds. The
local trade is dissatisfied with the adj
vent of outside capital in such quaint
ties as to control the market, but as
this Is a free country there is no help
for 1t. They may esteem themselves
fortunate if they don't have to pay to
see the elephant.
COMPLETED RAILROAD TO MANITOBA.
A ST. Paul dispatch of Dec. 4 says:
The last rail was laid,
yesterday afternoon, on the Pembina
branch OF the Canada Pacific railway,
connecting with the Manitoba branch
of the st. Paul and Pacific, 10 miles
north Of the international boundary.
This gives the province Of Manitoba
the first railroad communication with
the outside world, through the complet-
ed line from Winnipeg to st. Paul, 470
miles IN length.
LOCAL DECEMBER ELECTIONS. +.
4 New Haven, Conn. dispatch of
Dec. 4th says: At New Haven, Hobart
B. Bigelow, rep, is elected mayor by a
heavy majority over Sheldon, DEM,
and Gallagher, greenback. Rest Of the
republican ticket for city and town of
Ulcers also elected.
At Louisville, Ly., John G. Baxter
was elected mayor of the city of
Louisville, over Henry T. Jefferson, by
a majority exceeding 5000 votes.
At Springfield, Mass, L. J. Powers
run 6y dissatisfied republicans,
Butler men and Abbott democrats, was
elected Mayor, over Major Wright, re-
publican, who held the office four
years. Powell, 2, 1853; Wright, 1852.
THIRTEEN MEN DROWNED. .
A Halifax telegram of Dec. 3rd says:
Her Majcsty's ship Orontes, on her pas
sage hence for Bermuda, lost a man
overheard. A boats crew of thirteen,
who went to the rescue, were all
drowned by the capsizing Of the boat.
ANOTHER LAKE HORROR.
A Frankfort, Mich, special of Dec.
End says: More wreckage has come
ashore here and at Point Betsy, con-
sisting OF the cabin top of a vessel,
canvas covered, lead-color, with stove
pipe still attached to it, all badly
broken; also, a small and a large white