The times. (Owosso, Mich.) 1882-1897, 1886-07-09
LATEST NEWS.
Bradstreet's Report on the General
Condition of Trade and Crops
for Last Week.
Mr.. Manning's Successor-Ex-Sena-
tor Mcdonald Said to Have
Been Chosen for the
Post.
Anti-Home Rule Gains in England
Defeat Threatens Glad
tOn

WASHINGTON, ID. c., July 6.-There
appears to be strong foundation for
the belief that ex-senator Joseph Nc
Donald. of Indiana, will succeed Mr..
Manning as Secretary of the Treasury.
Mr.. Mcdonald has been mentioned in
connection with sc many positions that
were given to other gentlemen that the
politicians at this point have grown
skeptical of his receiving recognition
from the administration.
The talk among the Indianians to-
day, however, is that Mr.. McDonald's
reward has come at last. Several of
these gentlemen boldly claim that with
in q fortnight after the adjournment
stalled as Secretary Manning's success
sor. They say it is well understood at
the White House that Mr.. Manning
will never again resume his duties at
the Treasury Department, and for this
reason Mr.. Mcdonald will take hold
about the LIST of August. Mr.. Melon
AIDS appointment, the Indiana people
say, will greatly strengthen the party
in that State and insure Mr.. Cleveland
q solid delegation in his favor to the
next presidential convention.
LONDON, July 6.-The total number
of members of parliament elected up
to midnight is 3l2, of whom POI are
tories and ~unionists and 105 Gladston-
ians. The tories and unionists have
made q net gain of fourteen seats.
The tories gained Central Glasgow,
Bromwich, Central Finsbury, East
Hull, Chelsea, and Bermondsey to-day;
the ~unionists gained the st. Rollox
division of Glasgow, and the Glad
stonians gained East Finsbury and the
Black Friars division of Glasgow. The
tories Unexpectedly won in LOuth, Lin
didate. owing to sudden illness, failed
to qualify.
The position presages a crushing de-
feat for Mr.. Gladstone unless he OBJ
tains a larger county vote than in No
vember., The boroughs are declaring
against home rule. Most ominous is
the revolt of the Glasgow radicals. OF
the seven contests in Glasgow the un-
iOnists carried four. Of twenty-one
London polls declared tonight the
unionists secured fifteen and the Glad
stonians six. The polling vas close.
The conservative candidate won Cen
trail Finsbury by only 5 majority. Mr..
Saunders, Gladstonian, is defeated in
East Hull by 81 majority. Among the
eminent Gladstonians defeated L
Solicitor General Davey, Advocate
General Mellor, MIR. HILBERT, secretary
to the admiralty, and Prof. Thorold
Rogers. The London labor candidates,
CrOmer and Howell, retain their steats
by fair majorities. Sir John Lubbock's
reelection is assured by a poll of 400
ahead of Mr.. Harrison.
New YORK, July 4.-Brddstreets re-
ports trade for last week as ~seasonably
quiet and without special feature, but
concurs mentioning a very hopeful
feeling among merchants as tothe out
look for the autumn. Money is less
at Milwaukee,, and more active at
Chicago and st. Joseph, Mo Mercan-
tile collections are materially improv-
ed at st. Louis, Kansas City, Milwau-
kee, and Cleveland. In the New York
stock market, there is a more pro-
nounced bearish tendency, growing out
of the freight-rate war in which the
granger roads are engaged, the large
exports of gold, and the sudden adj
vance in rates for money. The trans
actions of the week ending Friday were
] 1853 600 shares, against 1.S19,000 shares
last week. Bonds of all classes are dull.
Investments and governments are firm.
Exchange was firm, and So, 5OO, 900 gold
was engaged IOr Shipment. CONNER
cial paper is dull.
The interest in wool has receded
from the central western states to
Montana, Wyoming, and Utah, where
prices are held above a parity with
those ruling at eastern markets. The
clip east of the Mississippi has been
cleared up, bought more largely by
spectators then by manufacturers,
prices having risen from l to 3 cents
per pound within ten days. The tone
of the dry goods market is encourage
ing, all advances i'm cotton goods hav-
ing been we'll maintained and stocks
being light. The pig-iron market is
unchanged as to price. Mill irons are
dull. Steel rails are strong at the low
prices quoted and the mills are full of
orders. The low price of English rails