Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1885-01-15
LATEST TELEGRAMS.
GENERAL NOTE


THE Illinois Railway Commissioners
will not at present make general re-
vision of freight rates, but have made
a few minor changes.
GENERAL GRANT has declined to ac-
cept the proffered fund which Mr..
! Cyrus w. Field and other gentlemen
were collecting to relieve him OF finan-
| cial embarrassment.
NEW enterprises to the number Of l.
S65 embracing almost every branch OF
manufacture, representing capital OF
! $105, 1863, 900, were organized IN the
! Southern States during 1884.
THE belief is obtained that the StPaul
Road will give the Wisconsin Central
terminal facilities at Chicago under
restrictions that will obvIate a rate war.
THE Director of the New Orleans
Exposition contradicts a report that its
| financial conditian is critical He also
denies the report that Congress is to be
asked for an additional appropriation.
AN ice gorge at Montreal has damned
the st. Lawrence, so that in many in
stances cellars and streets are overflow
ell. If the ice holds, the continuous
rise of the water will entail serious
damage.
DURING November the net earnings of
the Union Pacific system increased,
comparatively, $4,000, bu6 for the
eleven months ended Dec. 1, the net
earnings show decrease of $2,185.-
900.
H. w. OLIVER a heavy iron manufact-
urer at Pittsburgh, believes the indus
trial depression has reached the lowest
point and the improvement is close at
hand. He says within a short time all
his works will be running full, as viii
nearly all other manufacturing cstab-
lishments there.
ESTIMATES of the cest of the Nicara-
qua canal vary from $65 722, 900 to $l40,-
900, GOO. 1t is claimed by the opponents
of the canal that it would cost over
$780, 100000 to build.
THE Supreme Court decision that, in
computing the longevity pay of army
officers the term of cadetship at West
Point must ba included, benefits / 900
officers to the extent Of $500, 900 to $780,
900 in the aggregate.
THE counsel for the government in
the suits Of the Union Pacific road
moneys withheld for the transportation
of supplies, expresses the opinion that
the decision Of the court of claims VIII
be against the railroad. In any event an
appeal viii be taken. The amount in
volved is $4,000, 000
In telegraphing from Milwaukee the
December earnings of the Chicago, Mil
waukeo and st. Paul road the figures
were enormously given as $1,661, 600.
The correct amount is S2,2lS,998, max
ing the total earnings for the twelve
months Of the year 1884 500, ATS, 99e1S,
as against S23,6J9S 2349 for the cores
pondiug time in 1888.
HENRY WARD BEECHER prefaced the
sale of pews in Plymouth church Fri
day evening by few numerous re-
marks. The bidding was animated, and
the total premiums, with rentals added,
make the sum realized $27, 25G, against
S35, $50 last year. The highest bid for
first choice was $S00-$225 greater than
offered year ago.
TIE managers Of the American Iron
and Steel association elected officers
Tuesday st Philadelphia, 3. f. Jones
being chosen president; James M.
Swank, Vlce-preSldent, ana george w
Cope, secretary. The managers oppose
commercial treades as means Of ex-
tending our foreign trade, and believe
that the safest means of encouraging
American capital would he the estab-
lishment Of lines of steamships between
our own and foreign ports,
THE failure of Ewea Brothers, cotton
brokers, in New York. has caused heavy
losses among the people of Western
Iowa. who ware led to invest in cotton
"blind pools with the firm. 1t is es-
timated that not less than $3.50, 900 has
been taken out of Council Bluffs and
vicinity by the firm, who, il is claimed,
worked their game very shrowdly by
occasionally declaring dividends, thus
getting their victims to invest more
heavily.