The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1897-12-08
EAST.

The New York state canals were
closed for the season on the lst. The
business for the year has been less
than for any previous one except 1895.
Engineer John Fritz of Bethlehem,
Pa, the expert appointed by the naval
board to draw plans and prepare an
estimate of the cost of proposed ord
nance plant for the United States gov
ernment, has finished his work and
special carrier has taken it to Wash
ington.
Important rate reductions have been
agreed upon by the Tariff Association
of New York City fire underwriters
governing business in their territory.
The new rates are in many cases 3Sh
per cent lower than those now in effect
The Moosehead Pulp and Paper Co.,
of Solon, Me-, is insolvent; it's unse-
cured claims amount to 100000 Plans
are being perfected to reorganize the
company and reopen the mills, which
have been closed for many months.
John Wright's residence at Clyde, N.
Y, was partially destroyed by fire on
the 3oth ult, and when the flames were
extinguished his body was found on
the ground floor, burned to a crisp.
Wright had been bedridden for years.
The court of common pleas at Phila-
delphia ON the SOth ult. refused to en-
JOIN the mayor and other city officials
from executing the lease of the city
gas works to the United Gas Improve
ment Co. for 80 years.
In New York City the number of un-
employed garment workers continues
to increase, and it is expected that be-
fore the new year $4,000 or $4,000 gar
ment workers will be idle.
by the explosion of a copper sugar
boiler in the candy factory of Auerbach
& Sons in New York City on the Sd six
men were severely scalded. Some of
the victims are not expected to recover
and several others will probably lose
their eyesight
In the New York market bar silver
now sells at 5916 cents an ounce, a price
which has not been equalled before
since July %
For the week ended December busi-
ness failures in the United States num-
bered 306, as compared with $40 for the
corresponding period of 1896, and 2S in
Canada, as against IS for the same
week last year.
The combined exports of wheat and
-four from both coasts of the United
States and from Montreal for the week
ended December aggregated $500, $50
bushels, within 225,0OO bushels of the
largest weeks export on record.
George R. Blodgett, general counsel
of the General Electric Co., was fatally
wounded by burglar at his home at
Schnectady, N. Y, early on the morn
ing of the 4th. The burglars bullet
struck Mr.. Blodgett in the groin. The
assassin escaped.
E H. Morgan, the leader of the gang
of mail box robbers who were arrested
in Boston recently, was on the Sd SEN
fenced by Judge Aldrich to serve six
years at hard labor in the state prison.
In the clearing house statement for
week ended December 4enormous bal.
ances are shown to be accommodating
in the New York banks. Loans are
now within az, 800, 900 of the 5000, 0OO,.
900 mark and deposits are 5000, 27S, 600
which is one-third the total individual
deposits reported by the S,617 national
banks of the United States.
n,,rtnn, tba mouth - No-ox-.L... A.
gross earnings of 70 railroads were
S9,11S, 056, an increase of over 10 pei
cent over the aggregate earnings o.
the same roads for the same month o.
1896.
Receivers for the Kent & STANLEY
Co., manufacturing jewelers. of Provi
dence, r. l., and New York. have beer
appointed. 1t is stated that the com
pany owes 81, 10000 and is hopelessly
insolvent
Fire destroyed the warehouse O
Julius De Long & Co., felt and carpe
lining manufacturers, of Alleghen :
Pa. on the 5th. Loss $50, 900; insured
At Hoboken, N. j., on the 4th tn,
Hamburg-American steamship Coz
grain elevator burned to the water
edge, causing loss Of $45, 900.
More than 1000 steerage passenger
were landed from the steamer Trojal
Prince at New York City on the 5th
They came from Naples This is tn
largest number Of Italian immigrant
brought by any one steamer in man.
months