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Clutha Leader, Volume XXV, Issue 1309, 23 June 1899, Page 6

Two hundred years ago Port Royal was the capital of Jamaica. But the great earthquake of 1692 buried almost the entire city in Jamaica Bay. Every public building, including the ancient cathedra l , now lies 10 fathoms beneath the watpr, where on a clear day they can plainly be seen. Ten years later came the great fire which destroyed the few shabby streets that the earthquake had left, Bravely they strove to create a new town, and had almost succeeded, when in 1772, a hurricane destroyed the place. The year of Waterloo, 1815, saw Port Royal again visited by fire, and iv this case all that was of value to the city disappeared in the ruins. New York, and, in fact, the whole of the United States, according to a New York telegram in the London Dai'y Mail, has been experiencing one of the greatest waves of speculation ever known. 'During the past few months thousands of people have doubled and trebled their incomes, while hundreds have made actual fortunes through the enormous rise in the value of stock which followed the close of the war with Spain Stocks are still going np, and everybody -is asking : * Where is it going to end f but the upward movement still shows ! no signs of cessation. Among the lucky men whose fame is being heral- i ded far and wide is Mr Jamns B. Talcott, a Wall street broker, who cleared 1,000,000d0l since last August. Mr Roswell Flower, a former Govonor of New York State, has cleared 20,000,000d0l . Mr George -Gould is credited with 5,000,000d01, while Mr I John Rockfeller is said to have added 'B,'OOO.OOOdbI to his wealth.