France holds top position in gold ownership
Warner Weekly Sun notes France leads nations in gold reserves, with the United States second, followed by Great Britain Germany Italy Spain Russia Australia and Austria in order.
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Newspaper
The Warner Sun
Location
Warner, South Dakota, United States of America
Date
Oct 15, 1886
Page
2
Warner Weekly Sun notes France leads nations in gold reserves, with the United States second, followed by Great Britain Germany Italy Spain Russia Australia and Austria in order.
The Commercial Bulletin estimates September fire losses in the United States and Canada at 6.5 million, a slight dip from the previous years' average. By October 1, 1886 fire waste reached 83 million, up from 71.5 million in the same period of 1885.
The Times of Chicago advises Dr. Aveling and his wife Engish Socialist to stay away, warning that the Chicago climate may harm their views while Aveling vows to go ahead and speak despite the warning.
The Civil Service Commission issues a fair rule for certifying veterans. When names are requested from the eligible list four veterans are certified if available. Preference is given to states entitled to appointments, then from other states if needed.
Mr A B Mullett former supervising architect of the treasury argues shock violence in Charleston is exaggerated by damage estimates He contends Washington would suffer less damage under similar shocks as Charleston buildings are old and locally sourced mortar and cement are inferior in quality
The 1886 report lists 128,966 miles of track and assets exceeding liabilities at 214 million dollars. Debts total 4.26 billion, largely securities held as investments. The Gazette notes by 1872 through 1885 only three years show such mileage advances.
Grain shipments from the west to Montreal exceed recent years as prospects grow for a direct Minneapolis Montreal rail line. A short route via Minneapolis Sault Ste Marie Atlantic and Canadian Pacific is assured, with the Grand Trunk eyeing a northwest link from Gravenhurst along Georgian Bay to Sault Ste. Marie. The Minneapolis Montreal distance by the Pacific route is stated at 0 miles, 250 less than Annapolis to New York via Chicago.
At the Protestant Episcopal Diocesan Convention in New York important resolutions on marriage and divorce were adopted. One resolution seeks state legislation requiring a license from a county clerk before marriage and authorizes ministers or magistrates to perform the ceremony. The measure passed unanimously, and a second resolution urging national uniformity in U.S. marriage laws also received unanimous approval.
The Knights of Labor held the tenth annual convention in the First Virginia regiment armory in Richmond Va with General Master Workman Powderly and Gov. Fitz Hugh Lee addressing about a thousand delegates. Lee urged unity against monopolies and bribery while Powderly framed labor versus capital as a fight for American rights and democracy.
Powderly delivers the annual address at the Richmond session urging unity and prudence after a turbulent year. He defends actions against violence, condemns interference from detectives, and calls for coordinated plans on eight hour work days and child education.
Governor Hauser of Montana Territory argues railroads underpin all growth in the territory and outlines mining outputs for the year with gold 3.43 million, silver 9.6 million, copper 8 million, lead 1.25 million totaling 22.3 million. He also addresses silver legislation and calls for free coinage to aid development.
The La Mascotte of Grand Tower Illinois bound for Cape Girardeau blows its boilers opposite Neeley’s Landing and lodges ashore after burning to the water. A long casualty list is reported with several Cape Girardeau residents among the dead or missing.
Judge Geary announces the punishment for the Chicago Anarchists, stating that Neebe receives fifteen years in Joliet penitentiary with hard labor, while the others face a sentence to be carried out between 10 a.m. and 2 p.m. on the eighth day of a specified month, until death. The address emphasizes that murder is not protected by free speech and calls for enforcement of law to defend society and property.
N M Neeld of J C Ferguson & Co is in Canada after issuing bogus warehouse receipts totaling 400 000. The scheme threatens the banks, with 100 000 loss attributed to a New York bank. Neeld, about 48, served as managing partner of a long established firm once from Indiana. Banks affected include Corn Exchange New York First National Chicago Metropolitan Chicago Bank of Montreal Chicago Bank of Illinois Chicago Continental Chicago and the British Bank of North America, with reports Boston banks also involved.
Fred Munchrath linked to the Haddock assassination case in Sioux City and Galena origins. ex Senator Yulee dies in New York, born 1811 and served in the U.S. Senate since 1846. Rev. H. S. Cox in New York suggests re election bid for Congress, while a mayoral race plan is downplayed. Kentucky Democrats celebrate Willie Willis defeat over river and harbor committee backing. Willis faced backlash for endorsing Thompson in Louisville.
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