The times. (Owosso, Mich.) 1882-1897, 1889-07-19

iho SWAT hottcI' Nuy, uol'sN mis- III
oil 4 at Cleveland on the 10th.
Newsboy four year Old PAGER, full brother
to Jerome Turner 2;151 is said to be very
speedy.
One of the shetland mares belonging to
the show which exhibited i'm the opera
house last Friday evening gave birth to a
colt ON the. stage after the performance.
The little fellow weighed "a pounds and
Mus named Owosso
Letters advertised at the Owosso T.. o.
for the week ending July 6: Clarence
Newton, Thos. Seymour, VIM. Perry,
Myrtle Nj. Plastrdge, John Wallace, Mrs.
Louisa Fuller, Mrs. Geo. Conrad, Frank
Cooper, Eta 0ttoway, VIM. Wallace. For
egn: Jasper Bates, Robert Barton. Drops:
AM. Green, S. ID. Hughes, John r. Bacon
There seems to be no end to the trust
movement. Every week adds new instan-
ces of such organizations, and Wall street
has adopted ''trust' as a vehicle for invest
ment and speculation with decided enthusi-
asm. The process has only commenced.
But it already seems likely that before long
nearly every profitable industry of limited
dimensions in the country will be organized
on trust basis. AS yet there is no uni
formty on the subject. The opponents of
trusts are, of course numerous, and their ar
gument, that of monopoly and the eXactions
likely to follow in the train of trusts is no
doubt, a forcible one. On the other hand,
the investing class are inclined to look upon
trusts, If conducted within reasonable
bounds and on sound business principles,
with decided favor. Through them people
of moderate means are enabled to partici-
pate i'm the profits of manufacturing and
commercial enterprises. With the growth
of accumulated wealth in this country has
come dearth of railroad securities of q
character to satisfy investors either as to
safety or income. The trust movement, in
fact, is manifestation of a tendency which
has been in progress in Europe for some
| time past; the conversion of mercantile and
commercial enterprises into joint stock con-
Germs, having there for several years assum-
ment to the proprietors of the business in
| trests which are put into the trusts is Obvi-
| Gus. They are enabled to obtain the value
of their plant and business on the basis OF
income, and not on the mere intrinsic value
of land and machinery.
A chewing gum factory has been estab
| lished at Lansing.
Lenawee county'S farmers will hold big
picnic at Sand lake August Z.
One hundred and fifty railway passenger
agents are cooling off at the $500.
Double shifts of men have been set al
work at some of the Ishpeming iron mines
The amount of exports from the port OF
| Port Huron for the year ending June sc
was 1O,7S6,345.
William L. Merritt, aged SO years, walked
to Ionia from Bay City and there mysteri.
ously disappeared.
There will be 800 tents pitched on the
camp grounds of the Southeastern G. A. r.
association at Jackson.
The state salt inspectors report show:
that 392, 157 barrels of salt were made anG
inspected in this state in June.
The Benton Harbor Congregationalist'
propose to build $4,000 church, and wor
ship in more comfort and style.
The commissioner of pensions has ap
pointed Drs. George E. Ranpey and Mat
thew Coad pension examining surgeons a
Lansing.
| Hastings folks have subscribed $40, 00(
with which to establish whip factory. 1t il
| expected the concern will be i'm operation
about September 1.
| Rev. j. w. Armstrong, who had charg,
of the Croswe and Lexington Episcopa
churches, has resigned and goes to Harvar,
to take course of study.
Miss Harriet A.. Hamilton, of Mansfield
Pa, has been selected as lady principal O
the Somerville school at st. Clair, under tn,
new management of Mr.. Stone.
The Ionia firemen who went to Sarana,
to work Oh the mill fire didn't get a bit,
to eat there, and it wasen't the fault of TIL,
Saranac people that they escaped paying
their own fare back.
Spicer and Sons, Of West Brookfeld, Ea
ton county, breeders of CotswOld sheep sa,
that their average per head was 13 pound
and they received 1925 for the wool pc
head, and also that the wool on one pair o
yparlinp twin eyos cold for 90 90