The comet. (Johnson City, Tenn.) 1884-1916, 1893-08-03
CONDENSED NEWS.

1t is said that England has annexed
Solomon Islands, the largest group in
the Pacific
The cyclorama of tho "BAttle of Mis-
sionary Ridge" at Nashville, was
wrecked by awind storm,
Gold to the amount of nearly $5,-
100000 was shipped from aboard to the
United States yesterday.
There has been an increase OF S.. |
96S,750 during July in the National |
bank currency circulation.
The First National Bank Of Middles.
borough, which suspended six months
ago and was rcorgaui2,I, has again
suspended.
The Chino, Cal, Beet Sugar Factory
the largest in the United States, start
ed Monday morning, giving employ
ment to nearly 3,000men.
1t is learned from semi-oflicial
source that the American Tube and
Iron Works at Middletown will resume
operations next week.
J The Steamer Pearl vas run into and
:. sunk by au unknown steamer off The
coast OF Ireland. Several OF the per-
E sons on board were drowned.
The big carpet mills of Sanford &
: Sons, Amsterdam, N. Y, shut down
Saturday night for two weeks, and pos
sibly longer. They employ 1000 men.
t j. Harper, a negro, was lynched at
J. Calera, Ala, Friday, by mob COM
4 pssed of writes and blacks. Harper
" had outraged the wife OF H. NJ. Edner
1t Baron De Rothechild and Jacques
'e La Boudy, millionaire sugar refnei
L OF Paris, will shortly start o onecent
c. daily newspaper devoted to sports, tc
s. be called "The Jockey Club
xt
a The President has appointed James
I. Kilbreth, OF New York city, Col
= lector of Customs at New York anC
;s Walter III. Dunn, of Cooper itown, APP
- praiser Of Merchandise at the sam,
II port.
III During the past seven days ending
or last Friday there were 1856 bushes
al failures throughout the United State
Ist against III last year. Over fifty bank
ay stopped during the week, nearly all il
the West.
Germany's addition of 80 Per cent
on to the tax on Russian imp orts ha
on been met by retaliatory measur
in from he Cars Government, increas
ole inS in like ratio the Russian tax o
German imports.
nc New York National banks are tall
ing advantage Of the low price {
=" United States bonds to increase the
circulation. 1t is estimated that froi
u" $S000000to 100000 will be adde
n' to the currency supply of New Yor
:" from this source within very sho
time.
'ws
he The reviews OF trade for the pa
q !" week pronounce it the worst week "
are experienced during the present fnal
der cial depression, but the encouragir
re. news is added that all the points q
BIZ fected by the bank suspensions a.
i've rapidly recovering. Trade is dull, an
rather than pile up stocks, many ma
oss ufacturing establishments are suspen
re- ing or running on short time. TIL
,is. phase of the situation will, of cour
the bear heavily on the working classes.
II Imagination has added anythir
'ne to the unfavorable effect of hea,
WI balance Of foreign trade against IL
vas United States, there should be an II
wv mediate improvements the fnanci
ase situation. An error Of $40,0O0,000
ke1 more has been discovered in Il
re- figures Of the exports and imports fu
IN nished by the Bureau Of Statistics.
MS appears that the balance Of tray
Can against the United States the pa
fiscal year, instead of being 500 100000
! 70 as has been reported, IS only abo
GER $50,OoO,OOO.
hvI