Crawford avalanche. (Grayling, Mich.) 1879-19??, 1886-08-12

Failures in the United States last
week numbered 124, against i65 the preceding
week. Bradstreets weekly review says: slater
advices from the spring wheat crop are mere
favorable than previously anticipated Heavy
receipts continue to depress prices. The dam
age TO corn from drouth is Also less than was
recently reported, the probable yield being
1900 100000 bushels, against l,940, 000,0 600
last year The more significant industrial
feature of the week is found in the improved
demand for finished iron at Pittsburgh. Spe-
cial advices are that makers are more sanguine
than for two years past Prices are UNI
changed, but the mills are pushed to meet re-
quirements. Like reports come from Phila-
delphia and st Louis. Dry goods sales are
fairly we'll sustained, the aggregate being in
excess of lsst year. Cottons are stronger
at advances Print, are less active, but
no lower. Stocks Of fannels are light
Prices Of wool depend upon the results Of the
opening of lightweight fabrics, which are not
fully known. The total of bank clearings for
twenty-nine cities for the week was $S47, 49,
le, against s747, $50, 67s the previous week.
There has been noticeable hardening Of in
terest rates at financial centers, owing to the
increased demand from wool, lumber, and
clothing dealers, as well as TO advances on
grain shipments.
The Grand Army of the Republic, at
San Francisco, elected General Lucius Fair
child Commanders chief, and chose St Louis
as the next place of meeting. Resolutions
were passed denouncing polygamy. General
Sherman read an eloquent address, detailing
the consequences of the American wars.
1t is reported from Washington that
at a meeting of the Cabinet it was decided to
call in large amount of bonds, in accordance
with the surplus resolution, which the Presi-
dent had failed to sign. The first call will be
for SIS, 100000
The Democrats of the Fourth North
Carolina District in convention at Raleigh
nominated John w. Graham for Congress.
He is the eldest son of the Hon. William A.
Graham, who was Secretary of the Navy under
President Fillmore. John Sobieski, of Neo-
sho, Mo-, has been nominated for Congress
by the Prohibitisnists and James d. McCreary
by the Democrats of the Eighth Kentucky
District Messrs. r. II. M. Davidson and
Charles Dnnohartv nanhars of the last Con-
gress from Florida, have been named for re-
election.
Nashville (Tenn.) dispatch: Ere
turns from the State elections show DEM
ocratic gains. The Democratic State ticket is
elected by $1,000 and possibly 10000. The
successful candidates for the Supreme Court
bench are Peter Turney, Franklin County; w.
G. Caldwell, Gibson; W. H. Burton, Mont
gomery; b. E. Snodgrass, Hamilton; W. c..
Folkes, Shelby"
The President has appointed Thomas
Cooper to be Collector of Internal Revenue for
the Eighth District of Illinois, and Nelson +.
| Ayres to be Collector OF Internal Revenue for
the district of Kansas These were nomina-
tons upon which the Senate failed to act
The Car is negotiating with the
Shah of Persia for an alliance. He is also ne
gotiating a loan of 3OoOOo,Oo0 rubles al
Amsterdam.
A cable dispatch reports that the
British Cabinet has decided on introducing q
large Irish land measure if the support of the
unionists can be secured The unionist sup
port is, however, considered doubtful In the
event of the measure being choked by Harting-
ton and Chamberlain the Government will pro.
pose the following programme:
| First. Reform OF the procedure of the House Of
| Commons amending the cloture rules, in antici
| patton OF Nationalist obstruction
| Second. A resolution or short bill strength
| ening the hands OF the Executive in Ireland, os
| tensbly for the preservation Of law and order.
Third. The proclamation Of the Nationa
| League.
These precautionary measures, it is stated
would be introduced to pave the way for gen
cral remedial measures, by preventing intimi
dalton by the majority, and the free expires
sion Of public opinion.