Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1888-06-21


A LOT of Chicago capitalists are en-
route to Canada for speculative purposes
The Dominion would better station an |
armed guard around it's borders.
Minister Bragg, wife and daughter Will
return from Mexico about August lst
They are expected to remain at Fond du
Lac nearly two months, a vacation hav-
ing been granted Minister Bragg by the
state department..
IFa prophet wishes to be esteemed in
his own country, it is well for him to be-
come an exile and acquire honors abroad.
Then the land that cast him out in the
freshness and vigor of youth will well
come him back with honor, when life's
Iaurels begin to fade into the sere and yell
low leaf. So the excellent Carl Schurz is
the toast of Berlin, and high nohilities
and great scientists rival in doing him
homage. Having gone the rounds of the
royalties, Mr.. Schurz's latest appearance
was on Thursday at the table of honor of
tile celebration of Professor Hoffman'S
SEVENTEEN birthday anniversary, where
he was hailed as the incarnation of
American science and literature.
THE Synod of the Reformed Presby
terian Church, recently in session at Pitts
burg. concluded not to let their Metbo-
dist brethren get ahead of them on the
deaconess question. A lady had been
chosen to the Office by McKeesport con-
gregation and the matter was referred to
the Synod for confirmation. After
spirited debate resolution was passed
by large majority declaring the ordi-
nation of a woman as a deaconess both
scriptural and apostolic. The inn Or
lance of this action lies chiefly in the fact
that large number of congregations
were waiting to follow the McKees port
example if the Synod sanctioned the in
novation. The Office of deacon in the Re-
formed Presbyterian Church includes the
privilege of passing the hat, and an in
crease in collections may be confidently
expected if nothing else comes to the
new departure.
THE RESULTS OF THE OIL SHUTDOWN.
The Executive Board of the Oil Pro-
ducers' Protective Association have pre-
sented their statement of the condition
of the oil business in Pennsylvania, as
the result of the first six months under
the shut-doEn agreement. Compare
sons are made with the same months for
the previous year as follows: Total pro-
duction for corresponding six months of
1886-87, 11,876,074 barrels; total produc-
ton for the last six months, 1858, 149
barrels; decrease in six months produc-
ton, 1921, 1926 barrels. Daily production
for the corresponding six months of 1886
81 IS, 254 barrels; daily production for
the past six months, II, SOC barrels. New
wells completed in corresponding SIX
months, of 1886 81, 1,O28; in the last six
months, 439. Stocks on hand at the
close of April, 1887, 31,919,879 barrels;
atocks on hand at the close of April, 1888,
25,084,024; decrease in stocks, 5,871 $50
barrels. 1t will thus be seen that the
shut-d movement has really shut
down and that if the same ratio of reduc-
ton is maintained for the year for which
the shut-nown agreement was made, the
reduction in stocks will reach 10000 600
barrels, but about o-thirds of years
supply at the present rate of consumption
in stock. The Producers Association in
their report do not state even by insinu-
tion that the Standard Oil Company has
failed to keep its part of the contract in
the advancement of the price of oil. The
figures show, however, that the producers
have Kept faith to the letter, and if any
agreement about an advance in price was
made the failure TO live mp to it may be
inferred from the present price of oil,
which is below 80 cents barrel, while the
producers set the remunerative point at
SLY. The public, however, has not as much
interest regarding any dispute or alleged
dispute between the producers and the
Standard as it has in the showing that
the present production of Pennsylvania
oil is but trife more than one-half the
consumptive demand. If higher prices
do not soon result from this condition of
tie trade then all the ordinary laws that
govern prices of articles of use and COM
maroe must be reversed