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Newspaper
The Warner Sun
Location
Warner, South Dakota, United States of America
Date
Sep 24, 1886
Page
2
A Warner weekly sun report notes widespread claims that the island of Cuba sank beneath the sea due to an earthquake and tidal wave. The piece confirms the stories lack foundation and provides no verifiable evidence.
Government receipts exceed one million dollars daily and surpass four million dollars over current expenses for the period. The treasury surplus is estimated at seventy million dollars excluding the reserve fund and fractional silver.
The share of births in France relative to population trails Europe’s average and falls well behind Russia Austria and Germany. The death rate in France sits below the European average, indicating population growth slows due to fewer births.
By end of last year over four million people in Germany were insured for sickness under compulsory schemes. In early 1886 the obligation extended to post, railway and telegraph administrations and transport trades, with plans to widen further. Friendly societies and trades unions persist and many have grown substantially.
The late report shows 24 NYC savings banks with 312,358,207.09 on deposit and six month management costs of 375,793.80. Interest paid to depositors totals 4,362,070.02 with 18,959,502.22 cash uninvested. Deposits equal a quarter of the States interest bearing debt. One bank holds 22,000,000 of United States funds.
The Providence Journal analyzes six years of southern growth, citing a 49 percent rise in manufacturing establishments, 93 percent in capital, 63 percent in workers, and 60 percent in products. It notes abundant, inexhaustible natural resources and warns that industry discipline and prudence remain essential as material progress continues.
Leading bankers and brokers in New York protest the listing of a new issue of Georgia bonds. The brief, pointed statement urges rejection to avoid endorsing repudiation and to preserve the exchange’s record of bad faith and dishonest practice toward Georgia officials.
An Ashtabula to Falls of Niagara excursion train collided with a fast freight near Silver Creek New York on a curved trestle section. Engineer Lewis Brewer and the crew survived while many passengers died or were severely injured. Widespread wreckage included a baggage car crushed by a smoking car with numerous fatalities.
Fire at Dubois opera house in Elgin wipes out goods including George W. Peck dry goods and Allen Bros hats with large losses. A string of congressional nominating results, legal cases, a murder confession, British actions in Thasos, and a Cleveland letter to the Agricultural Fair are reported alongside ongoing travel and tourism notes.
The Anti-Saloon Republican convention in Chicago on the 16th elected ex-Senator Windom of Minnesota as chairman and adopted a platform calling for prohibition, local option laws, and heavy taxation on saloons. Delegates from multiple states attended as the national committee and resolutions condemned liquor traffic and urged a firm GOP stance against alcohol.
A midnight lightning strike destroyed the giant Chippewa Lumber and Boom mill at Chippewa Falls, the world’s largest mill. Built 1839, it spanned 180 by 90 feet and housed extensive mills and machinery valued at $100,000. Loss totaled about $250,000 with $45,000 insured. The plant employed about 1,200 in yards and mills.
Mrs H W Reed of Mayville was badly burned when a stove exploded and a powder package ignited. William E Masters vanished from Inkster with forty four mortgaged properties and two mortgaged teams. Charles Carrow, charged with horse theft at Pierre, was arrested in Chamberlain. Rapid City celebrated a trial run of its new street railway. The Huron artesian well yielded two barrels a minute at 770 feet and aims to deepen for better flow.
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