Business Failures Rise Slowly In Warner District
The Warner Weekly Sun reports a gradual increase in business failures, noting most are small and scattered, causing only minor unease due to their limited numbers.
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Newspaper
The Warner Sun
Location
Warner, South Dakota, United States of America
Date
Jun 18, 1886
Page
2
The Warner Weekly Sun reports a gradual increase in business failures, noting most are small and scattered, causing only minor unease due to their limited numbers.
Most railways in Russia fail to earn profit with an annual shortfall near 25 million dollars. The system covers about 15 000 miles of track for a nation of roughly 100 million people.
The Oregon election results indicate Republicans likely elected a congressman, superintendent of public instruction, and state printer, while Democrats likely won the governor and treasurer.
Nova Scotia contemplates leaving the Canadian confederation citing Dominion expenditures as excessive. Earlier estimates put governing the united provinces at eleven to twelve million annually, but actual costs have risen to thirty five million nine thousand dollars.
The London press laments the fisheries clash between Canada and the United States and expects a peaceful settlement, while warning politicians may seek cheap capital from the temporary dispute.
The credit of the United States has lately surpassed that of England and leads the world. United States 4 per cents now command 137 1 2 in London, the highest ever, yielding only 2 1 2 per cent at maturity, far above other bonds.
Mrs Elizabeth Cady Stanton argues against low necked dresses stating that even virtuous women of the past could expose themselves, but contemporary women should not follow their example because we know more of health and morals now. She cites Mrs Madison Mrs Adams and Martha Washington as examples.
Colonel Pat Conan, who has toured South America, Central America, and the West Indies, tells of the rich experiences he has gathered. He denounces U S indifference to expanding trade with these nations where many use foreign coins as their currency, highlighting regional monetary practices.
Carroll D Wright of the National Bureau of Statistics reports family of four could buy a year of staple items for 359.88 dollars in 1868 but 216.11 dollars in 1885, a gain in purchasing power of 144 dollars. He notes wages on a gold basis rose from 22 to 33 1 8 percent.
The price of quinine salts drops to record lows due to abundant chinchona bark. Since Congress ended the duty on salts in July 1879, American made quinine fell from 3.35 dollars per ounce to about 0.68, with foreign varieties slightly cheaper by four cents.
A special committee at the New Brunswick New Jersey Reformed church synod reported former treasurer John R. Smith was short in accounts by 25000 dollars. Prosecution possible and a measure to reform board affairs to prevent recurrence was authorized.
Senate sent the oleomargarine bill to the agriculture committee after a 22 to 21 party line vote. House debate covered Stanton remarks, land acts repeal, Gladstone Ireland resolution, and various fiscal measures. Senate moved on finance and judiciary items amid debates on naval funding and executive sessions.
Fragmented text shows a mix of funeral remarks and legislative chatter. It notes remarks about a man buried for a fee range of 3,000 to 10,000, plus a discussion of civil service reforms, American foreign policy, and forfeit of railroad lands. The report mentions senators Whitthorn Findlay Van Wyck McMillan Mitchell and actions on the army appropriation bill and naval committee orders.
The report notes a midwinter hay harvest in a southern California county, a rarity for February. It also projects Kalamazoo celery yields this year to surpass 1600 acres, with an estimated value near 400 thousand dollars. Additionally Bridgeport investors plan quail breeding on private ground to sidestep game laws, with 200 birds released locally.
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