Devils Lake inter-ocean. (Devils Lake, Ramsey Co., Dakota [N.D.]) 1884-1905, 1901-09-13
SWEDEN.

hjem, has been sold at public auction
for $1,000.
SWEDEN.
Conservative business men deprecated
the recklessness with which the directors
of the Gellivare Mining Company, n
of the most comprehensive business con-
Germs in Sweden, made the company re-
sponsible for other enterprises of vast
proportions but Of a Questionable char
acter. The credit of the Gellivare Min
ing Company a in fact been going
from bad to worse, and now the predic-
lions of the pessimists seem to have been
verified. A debt Of 100000 was due July
81. No money was forthcoming. The
directors attempted to ward off the i'm
pending catastrophe by giving second
mortgage in a quantity of iron ore stored
up at Svarton. But the parties holding
the first mortgage, which amounted to
$500, 900, prevented the utterance of a Sec
ond mortgage, n on August 10, the
Norrbotten Enskilda bank petitioned the
municipal court Of Stockholm for a re-
ceiver for the Gellivare Mining Com
pany. The mortgage loans of the COM
pany exceed So, ,000, and the other debts
aggregate about 81, $780, 600. NominalIy the
capital stock is $1,50O, 900, but our advices
do not state how much of this amount
has been paid in. The crash is due chief
ly to gross acknowledgement, and the
creditors anticipate no losses. The result,
1t is said, will be a reorganization Of the
company on a und basis and the elec-
ton of more conservative directors. The
Luossavara Mining Company, another
great Norrland concern, was connected
with the failing company, but though
younger and weaker than the latter, its
finances will not be seriously disturbed
by the crash.
The Bjerred railway was officially dedi-
Gated Aug. rs.
The payments made for work performed
on the railroad running from Gellivars
to the Norwegian boundary line during
the month Of July exceeded $20O,0 0n. This
is claimed to be the largest payment ever
made in Sweden by a single business
concern for work performed during a
single month. The cash was furnished
through the G~ellivare branch Of the
Stockholm n Upper Norrland Banking
Company, n the job kept the force
Of the branch Office busy for several days.
DENMARK.
Katrine Nikolajsen, a servant girl at
the South Vilstrup dairy, used kerosene
oil in building fire in the morning. Her
dress caught fire and she ran out on the
porch. where she was found sitting, her
clothes and her skin completely burned
up. She died two hours later on her way
to the Haderslev hospital.
sorensen and Horup, the minister Of
the interior and the minister Of public
traffic. are slowly recovering from the
maladies which have caused the patients
much pain and their friends uneasiness.
Jess Petersen has publicly challenged
Bech Olsen, he with the bulls neck, to a
public wrestling match. but so far the
worlds champion wrestler has given no
answer.
King Edward and Gear Nicholas are to
meet at ~Fredensborg. Special police will
be sent to Denmark in advance of the
monarchs.
A furious thunder storm swept Upland,
August twelfth. Fire kindled by light
ming destroyed many farm houses, stock
and grain, which had Just been har-
vested.
Mr.. Horup, the minister Of public traf-
f1c, who has been suffering from infam-
nation Of the kidneys, is doing bette,
after a surgical operation was performed
upon him.
Thirty-three prominent men have
signed an appeal to all the communes
Of the kingdom to elect representatives
to convene on a certain day in the pres.
ence of the king, to express the satisfac.
| ton and gratitude Of the nation on &C.
| count Of the appointment of the new
kcabinet.
The new cabinet is preparing a new
taxation bill. which will be presented t.
the rigsdag after its opening.
Minister of the Interior Sorensen i'm.
proved somewhat about the middle Of
August. but a relapse made his condition
quite serious.
Copenhagen. Aug. 12-Professor Fin
sens light institute for. the treatment o.
skin diseases at Rosenvanget. was dedi
Gated today. The cost Of the ground ane
the buildings is about $4,000.
General Schnack. the former minister
of war. has been engaged as genera
agent in Denmark for Mr.. Krupp. tn,
great gun manufacturer.
The D~annebrog Is authority for tn,
statement that sever Danish ships hav,
been hired to transport Russian troop.
from Reval to Finland, where field ma.
neuvers will take place at no distant
date.