The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1886-01-14
MISCELLANEOUS.
Bayard reports that Minis

Secretary Bayard reports that Minis
ter Phelps has learned that Great Britain will
not adopt bmetallic standard; that Minister
McIane finds tho American ratio of silver and
gold distasteful to France, while Minister Pen
dleton declares that Germany will not join an
international bmetallic union except in compa-
ny with England Russia.
In the West and Northwest intensely
cold weather and high winds prevailed last
week, with the thermometer marking 10 to IS
below zero. Owing to the detention of trains
business at some places was virtually sus-
pended, and in certain places no trains or
mails arrived for three days. Heavy snow and
an unusually low temperature was reported
from Pittsburg Cincinnati and Louisville; and
IN Louisiana the coolest weather for years was
experienced There are fears that the
cane-stubble in tho sugar belt will be
killed The snowfall at Cairo and Evansville
was two feet OF a train of hogs arriving at
Kansas City seven carloads were found frozen
to death The blockading of Missouri Pa
cifc passenger train by snow, near Council
Bluffs, necessitated long walk of trainmen
for assistance. A mail messenger named Full
man fell and broke his leg, and was carried n
number of miles in a binding storm by Con-
ductor John A. Brown A hurricane along the
north coast of Great Britain inflicted serious
damage to property. An unknown steamer
was sunk in the English Channel A snow
storm at Paris caused cessation of traffic.
The st. James Hotel, at Batavia, n.
y, was burned, involving loss of $4,000
Six stores were burned at Laurel, Ind, the
total loss amounting to about $1,000.
There were 800 failures in business
in the United Stltes reported to BradstreepS
during the week, against 297 in the previous
week, AS in the corresponding week of 1885,
3I5 in 1884, and 342 in 1888 About 81 per cent
were those of small traders whose capital was
less than $1,000 BrddstreefS Journal in its
weekly summary says:
Special kilograms to BrddstreetS from leading
business centors indicate TINT at Western dis
tributing points general trade is almost uni
forinly quiet Dry goods joDbers and commission
houses are very hopeful. Stocks at cotton goods
mills are lighter than Mt the corresponding
period one year ago, with one exception
Production of WOODEN goods is lighter proper
tiOnately than that of cotton. Jobbers have
been buying rather freely OF late. Print
cloths are higher and firmer, and stocks at
Fail River are smaller than at any date since
1879. In raw wool there have been quite
moderate transactions, but the tone Of
the market is strong Holders OF the
opinion that advance is more likely
at the present time than three months ago, in
asmuch as manufacturers are expected To buy
more freely before the end of the month Stocks
are II ported to be relatively small. Makers of
pig-iron do not see their way clear 10 an advance
in prices in the near future, and spectators
therein not so anxious 60 buy as
previously. Southern pig-iron is still
coming forward. There have been no
imports of Scotch pig during the
week. steel rails have been sold at fr nm 81 TO
- per ton below the nominal quotation OF
SIS per ton, which sufficiently comments ON the
lat sly published interviews with Prominent
ste eel and iron makers as to the condition OF the
market. The movement of grocery staples is
smaller than at the esponding time last
year. Dairy products are in slow demand.