Chicago Daily Tribune Newspaper, July 23, 1875, Page 7

wheat at 830, Capacity, 210,000 bu wheat and 160,000 e s MILWAUREE, raxe {reighits on tho 21st wore Arm and. moderstoly sdiive ab 80 to Wuflalo, o to Osmego, sud 6o to Fingston. Ohartera: To Oswogo—gclir Myntc. Btar, ct oargo of wheat at fia, To_ Buffalo—Schrs ¥, J, g, J. O, Thager, and. J. 1. Morril, wheat at tof Jrop Triaia, 42000 b wheat at 3bic. ~ Chicago markel IToued firm At 3% for mall to Budalo, DETROIT, Tho engagementa on the 201 were : Bleam barge Forsrt Clty and tow barges Brown, Shawnee, and Wal- pons aleo {he eclira Minch sud Btandard, cnal, Han- dusky to Milwankee, T8¢ fron, Thoro {s s strong des A0t hero for lonnage for flis latlor [rolglt ab ratos equivalent to (hioso paid at Clevelani, BUFPALO, Blippersand carriors woro apart on coal frelghis onthio20th, Vessolowneraliad a mocting that dsy, and agreed fo. take no mora 50-cent cool. The schr Wing waa loading ooal for Clileago, buit thio terms cf}‘. riete, fschr Kioghaher 100k coals Claveland o Mi\waukod, tertus privato, MARINE INSURANCE. The restoration of rates Ly tho Internationsl Doard of Lake Underwtiters scomod o ba generally anticl Jatol, and honce nobody in thin city was. aurprised at. luosingalar nnantmity provalling at the meeting st Cleveland fast Wodnoudsy. The ratcs st which marins {usursnce was dono during the past two months wora destructiv In tho owremo, and the Iate action of the Chicago and Miiwaukso Boards in taking an indspend- entataud aud adopting » tarlif of {heir own ehowed tuat the tima for reauscitating tho Interuationst Tonrd wan now or nevor, as all the other local boards would undoubtedly havo taken sfmilar sicps wa those of thin city and Miiwaukeo, A8 far aa can be learned, all tho companien doing business 15 thia city bav adoptod tho {arif of 1876, which was reatorod ‘by the Escontive Committes of the International loard, Thero is, liow- ever, & prolmhility that before long ono or morg coms Yeutes will witbdraw from tho Interoational Bosrd I act on thelr own hiook. ¢ this happes, thon the otlier companies will also bo compelied to reduice again {heir rates to compets with tlio socedern, 1f tho Es- ecutivo Committen of tho Internationol Hoard had Sdopted the rates mado Ly tho Chicago Hosrd last ook, therefwould have heen no trouble, as all tho cora- James were fn_£avor of then, It thoro are somo $lich aro not yet vrepared to accept the high rates of the eegular Wi, At whila' ticao compaaies ap- teatly ccept thn ituation ot yrestat, hro can ba jut Uftle doubt that they will 'necopt tho® st opportunlty to kick over the tracee, ‘Tho want of backbouo on the part of the Western compancs i not fnelsting on tho carry- ing out of the acutonces finposed on the ageuts of via Tious Eatern_ companics for violating tho rules, will ‘Thavo s demorslizing cffect upon suck that are inclined totest dizhabeatly, and. theso will nnionblediy again cat raten whouever they havo ap orportunity of doing £0, for 11138 been proven that tey can do s with im- puuity, Tho now rates go fnto effech to-day, and aro 2 follow for the montha of July aud Auguat$ [STE[E[® From Chicagn and poris on Lake| 3| 2| & & Wichons to HE Dyfflo and porte cust of Clovor i dy i a Ing Detro! Baginow, Harnia, G ‘other porta on Lakn Uurou Totta on Lako Ontario, via W an i . A dedizction of 10 pur cout 1% made on theso rates, VESSELS PASSED PORT HURON, Spegial Dispateh to The Chieaco Tribune, Toar Hunoy, Mich,, July 22.—Pasern Dows—Props oonsort, Mery Pringle and con- chrs Istiponiug, J. Marfa Bcott, Deloss Do Walf, Mary Gopley, Peslitigo, Helvetla, 1L M, Scovel, Myosotls. Tawarp Ur—Props Fauntain Cty, Nowburg, Marine ghy, Tady Trankitu, Dachimon with’ Ogarita; rehrs J, & Miner, Gold Hunier, Urigewater, Unundaga, 8, ¥\ Gale, Bello Molhee, Wispw-Southwest, fresh, WiaTnez—Fine, B Spectal Dewateh to The Ohcago Tr(Bune. TPort Hunox, Mich, July 32.—10 p, m~—DowN— ‘Propa Phil Bhedldan, riook and baryo, ¥red Kelly and consort, Torout Cily'and consort ; scifs Lo W. Perry, Turner'& Kellor, Mary Jati, Ur—T'rops Dontou, Boulin No, 1, Barilse, B. D, Hals #nd consort, Ballentino with 15, W. Sayo ; sclue South Weet, Charlotte Raap, N, M. Blandart, ‘Escanaba, If, @, Cloveland, . ‘Wino—Northeast, frealt; ratning, JLLINOIS -RIVER AND CANAL. Spacial Dimaleh to The Chreayp Ivibuna, LaSatrr, 1ML, duly 22—ABRvED bT Iaven—Frop Xovolty, towlug canal-boat Bouchard from Pert, both with wheat and corn, DepakTED—Prop Chins, with Ught load of marehane Alae for Peorin. 148ED 1570 CaNAZ~-Prop Novelty, towlng canal- boat Bouchard, both with wheat and coru for Chlcsgoy canal-Loat Ifxrriat, Hght, for Ollawa, Passed OuT—Prup Novelty, with light load of mor- chandiss for Peoria, Elaven fest Aive inches wator on mitrealll of Lock 10, River falling stowly.. Wind southwest; Buwazeot, dily 22,—CLEARED—Tirst National, Jollct, 100,600 €& Tumbsr, 80,20 Iath ; Jennie, Latallo, 97,870 £4 Nismber ; prop Beaver, Protta, G3,iA £t lun’ er, 35 m lath 5 North Branch, Laatle, 07:070 f¢-1uni- bec’; M, L, Adatns, LaSalle, 86,060 14 lunbor, 500 posts. LAKE MICHIGAN, CUIOAGO, Boatons af o docks wau unusually dull yosterday, nd the tugs Had & holtday....Quite a ecvers aquall Tasaad ovar tho cily at about 3 o'clock yeaterday after- Boou, b, na far us hoard from, no damsgo was done, +»e.Thiera 1s sgmo talk around tho lumber docks about reorganizing: tho defurict Lumber Yoagel Owners® As soclatlon,and yestoring the formee tariff, Businoss has fueatly tmprovod durlug Lo past two weckn, aud Loi- rales ato now obialned, , The clinrtors for lumber mado during thie past five days showcd an advance of sbaat 1ia per m frow almost eve: .The Brop 3, L 1lurd, of Leogold & A upo- Tior Line, Joft 1dst svoniug at 8 o'clock on hier second grand oxcurslon trip to pojiits on Lake Superior, with A full lisk of Jasacugers and s large cargo of frelght, PORT OF ERIE. #pecial Disputeh to The Chltago Tribune, Emmx, Po, July 2h—Aumvars—From Chicago: 8tmre udla, Japan; prop Philadelphia, Depanrunes—For Chicago: Bchrs 5. L, Danforth Athentan; stmr Jopan, i RrostPra—i5,000 bu whoat, 6,200 brls: siour, 5,000 tons iron ore, 7% ¥ EfitrMexTe=-1,142 tons conl, Faztonra—Quiet; no charters roported, Prop Aunlo Young, of the Anchor o, went to Buf- Ialo this morn| ‘whero she will ey o .m:.g:. will be repainted and yot "Tho schr Dan Marble, of Buftalo, s lerday and sunk 9 miles cast of Loug Polut, The crow ok b th yawl, ud weks plekeh. 4p. by A pAsIg schooner, Mon! Diaue, aud landwl st Long Polnt, ‘'he Vvesnol Lica in about 25 fathoms of water, iq.m vesasl was snly partialiy fusured, Hicyicon, Seh e eTa $2sy wero sekes 0 Al nn eIV , €O Clifhgo from Bufalo'at 60 conta per tons ™" © rung 8 leak yos- MISCELLANEOUS, A rallor on the schr Nowsboy, lying at Green Bay, fell from tho moat-hosd, u distanca of 75 feet, last Thursday, breaking hla bip and tnjuring him luternal- 1....Tha Buffulo Courder complains of the stench Irlaing from tho rotten corn on board tho Ohicago Board of Trade, lataly. raised and Lrought to Buffala, +:+.The props Hocket and Comet have bee Jaid up at. Clivelond, They have been in the Lake Bupos tior traga this season,...The bull of the prop B. ¥. Wade has been towod to Muskogon, and ls being fited np sa & dry dock, st au sxpons 3o JIL000..... The = Fcening Iisconein says: 8 tug ¥, D. Tlollon found the capsized schr Eiva Sbout 30 milce of the land betweon Hacine aud Ken Delia, AL 5 a. 1. yesterday, After towing ber five hours hud was aighted, and tho tug then hended for Mil: ke Onurriving off Oak Oreek th 0 wad 1o Hieved by the |m‘Dulht, which hmu:h‘l‘fl:‘:{fl "hx’; 1hio bay a4 10 o'clogk laat night, Tho vesscl was right lo-dsyby bringing the sclr L. L. sfason alopget o uettort will be muads to pump her out, and if this fais sho will La placed {u dry dock. Tho vossel bay tuflored liitle damago 1 ouit, aud ber hull 1s sup- d 10 bo all gt ¥ 'ha Deicoit Z¥ibuns lis thio in wprovement of .rn|l W Tho satimated Vo of m‘;‘n:‘nfir‘:‘;o‘ Geit oo b Wllaud Canal was placed i 500,000, bul how nearly right thot {s may be idgod from thie fuct that {hres (tems—the Port Ool. rus barbor improvetent, tho_ fock excavation, and o deep eut—will eost. weatly §3,000,000, That leaves 0,000,060 for diggtng 28 milos of catial 13 foet tieop by 0 foct dwop, the butiding of twenly-uix or twonty~ seven monster locks, and soveral vapenuive. culveriy, Theactual expeudiitre 1a liksly 10 ba nearer §:0.000 100 than L Sgfira named, Lut 1t muat e adnitied tiat when tho fimprovement ia complstod St Canadie e will linvo 3 work of which thoy miny well foel Jroud. Ty will uot caust iha oxpedse, 1t wiu oaly vert thu grain trade from Now York $o Moutreal, of Julctbey fesl vosy contiduat at presont, Tioy iaat 0y are sure 10 con! o, EALlley are surs: Proparty destined for TUH CHICAQD DOARD OF THADE, The reported divcuvery of holes 1n tha water-closet dipes of the schr Board of Trads is creating considere \bia talk i marius circles. A cOmmisaion was iu ses.. ton at Buffalo yeatorday, and investigated the matter, Befure the reportof this Committee 1s recolved it uld ba rather prematurs to give an oplaton bow the Volea werw anads, The Nudalo Courfer of Wodnesday Waa tho following §n segard to this mattr: «The ark Ohicago Board of Trade, which s alioged to 1avs been scuttlea by Lior Oaptaln (uow Maater of (Lg Peusaukico) tn faly weatlipr, off Fairport, 0., sna re- teally ralued by tiss Coset Wrucking Cowpany, arrived B port, lu W of the tug Bescus, sbout 11 & w, yes- erday, Bho wae moored to the liuhthouse pier al. Liougl Loaking, was Koyt atuat by ssiasin pump.“Hie ¥reckera coutracted G0 ralse berand Lring hier futa 100t Lor 81,00, Thio serlous charg sgaiust tho Cy M of (he 'bark W tu bo Juvestiyatud #a a0un aa the aacl is unloaded. Ui many fricads aro stroug In Zabeliaf thabbia is nod gullty of tha offands chanted nlw ind will bo able to prove bis junocsuce, ) tliat sugar-holes Lave been discovered in one purt of the veml; which wera avidantly made from'tho tanidn. Mo trhth in attactied o theFspart, Tinwevor, ancd (£ will ba beat to await tho result of the aiMeial favestigation Dofcze azpreasing an opiulon, The Naffalo” Leprew of Wednosday, Apeak- ing of thin vesgel 1A the alleged dincovery in ita water-closst piyo, Rase s The bark Chicann Hoard of Trade arrived in tow of tig Rescue about noon yea. terday, _ Hho licn in the outar harbor, and 1ho grain 18 teing tranaferrel Voate, Beveral marinn and inanrance men vistted the wrock yeatenlsy afteznoun, and examined 1o boles In the water-clorat pite, menc tlon of which_ han been made, A commision portn are {0 azamino tuesn holes to-day willi_ a viow Lo determiue bow hoy ware mads, what fnatriiment sedy i€ any, and whether there aro positive {ndications o The masts and cabin ara goue, autt ome nchionn and rails aro broken away on ous side, probably the effects of tha ice,” THE UNIVERSITY OF CHICAGD. To the Editor of The Chicaan Tribune = Outcaao, Inly 22,~A letter ** fram & gontleman eonnceted with tho Faculty™ of tha Universl- ty of Chicago * to its Chancellor ” appeared in your papor of tho 19(h ihet., to which I beg to offer the following reply. Tho unsuspecting writer of thelettor I8 ono of the numerons knights-errant who have from timo to time rid- don into the lists only to increaso the embarrnss- menta of the strugglo by diverting attontion from the question in disputo, which is, The Man- sgoment of the Unlversity, An anro as ever this issne was joinod, aftermnch mancuvering and skirmlsbing, somo uninitinted public spirit, who had the ontire causs of cducation at heart, would come forward with the utmout gravity, and pro- pose s now method of lighting tho University building, or s new stylo of landscapoe-gafdening for its grounds, or 8 now Chair to Lo ondowed by its prospective occupant, or & bran-hew mode of collecting tho money for eald endowment. Thon it would be found that the President had, nat porhaps openly approved, but silently smilod upon the unfutiated public spirit, and by that means eccured himself a now ally, and edded to tho University now olemont of comploxity and porplexity. Henco the inferenco that the divert- Ing tnstrumentality in this instanco hag been smiled-iuto typographical aotivity by the Chan- celor-Presidont, who oxpeets, as licratoforo, to stir a sldo-iesno in hia favor. But to tho letter of Dr. Burrough's **subor- dinate” (a8 tho writer calls himsolt), which, wo are told; "*defines a basis of action which, if adopted, would bring & moral and fiuancial aupport to bear Inits favor, which it never cau obtnin whilo it remains carsed by Ita pros- ont modioval and foseil courss of atudy.” ‘Without stopping to name sevoral rather pros- porous scats of learning that aro similatly *eursod,” I would remark that as, down to within the last year, the Univorsity bas had no bend, whotlier exccutive, edacational, or finan- cial, except Dr. Burrougls, Lo mustlhave Lad somothing to do with tho porpetration and per- notuation of the * curse,” and snight have had somothing to do with its romoval if ho close, 1t ta mingular, thercfore, that, if he hold this opinlon of the curricuium, ho did not * rejoice to seo tho curso tomov: But »ho has at lcast tha marlt of favoring” tho * subordinate’s" curricutum, Parliaps 5o, in tho goutal senso to which wo have alluded; or porhaps Lis “sub- ordinate™ can toll us just whon and whera Dr, Burroughs betrayed any moro profound or pro- nonuced conviction on this than ho has upon any other sub'~rt of educationsl importanco, o Univer. ity has been minkiug lower and lower under its constantlv-sccumulating tinan- clal burdong, until o dispairing offort to raiso it by & now adminisiration falls wiserably,—fails in its incoptivn indoed,—wheroupon wo hoar tha fecblo whistlo of a new sido-wind from_ the old quartar: * Lot physiology bo taught, 8o thot a gindunte from the University ehll bo likely to ktiow the difforenco between” spavin and bots in ahoree!” But is the learned *‘subordinate”™ qquito suro that Lo knows tho diffaronca botwacn & healthy, Lonost administration of n nulvcrmt{, and ono that haa bean afilicted with both spavia and bots from ita oarliost ihfancy ¥ * Fho Unlvoraity, by its prosont course of study, narrowd ite mission into that of a woro prelimiuary trainfug-school for minintors 1" 'Tho gentloman connocted with tho Taculty of tho Univerutty " who can make such an asecrtion as this with reforenco to ts curriculum may bo a “gubordinate™ well qualified for getting up sido-winds in tho juteresta of his suporior, but 14 not aufMclontly well informed to occupy the cbalr of “*Applied Scienco” ot ovon tho ** ver; ronsonablo rates™ which bo proposcs. e nco not bo eurprised to hear & man no better informod then this cluasify Diaracll aa o schalar with the Iate Lord Derby, and pro- nounce them botb equally **learned in every- thing," The Lnrlof Dorby was a fluo claasical seholar of tho **medioval and fossil ™ kind, and could not huve boon *‘learncd in everything,” beeauso Lip nover graduated from * & School of Applicd Hclence” “or ' Commorcial Arts,” and probably could not tell **the differonce between n[mvln and bots in aloreo.” Disraell Is not & claseical or any other kind of a scholar, and is nlso as lamoutably deticient in tho kuowledgo of chemiatry a8 “nlwllod to iuks and soaps,” a8 our ““aubordinato” is in the * nseloas Grook, Latin, and mathematics, which, lo says, * positively untit aman for puipit, mediclos, or law.” But ho ‘o“fnowa that mapy other colloges aro con- ductod on tho samo principles, and atarve Ia the famMo dn[.imn." Othor collogos, nuch na Yale, Drown, Harvard, Princaton, Williams, Dart- moutl, ote., ota,, ete. ! ““The Univorsity of Chleago rinks about 825,000 & your in trying to force the people to buy an articlo of learning which they do not want.” Au eriiclo of learning, or of manago- wont? *“The people” buy the snme articlo of loarning preclsely, or; in other words, sond their #008 0 purdue tho eawn studios that are taught in tho University of Chieago. But snpposo lflc Sohools of ** Applied Science ™ and * Commercisl Arts" woro ostablished, how long would it bo beforo thay would follow in the footstepa of the Winunetka Sohiool aud secede; ur of the Low Behool, aud secure a conuoection with auotlior uuiversity to savo ita lite? And this brings ua back to” tho main question, from which it 18 no lon|uu‘ posuible for eichor principal or “gubordinate ' to divert public attontion, That t}uunllnn is not whether the younw mon shall bo taught the * usoless' sci- once of mathomatics, or the useful art of diecovoriug *tho differonco botweon spavin and bots in a horeo,” but whother the eld admin- {utration, now resutned aftor au_interval of only one yoar (aud nover interruptod an far as the flusicial poiicy is conocrned), Iv, or is not, do- sorving of tho support of ‘tho general public, which 1 neltlier Japtist, nor local, nor partisan, but which tu golicited to contribute moncy and rnpilu to tho Univeruity., Aud that main quos- ion uurgests a multitudo of others which that poucral public bok o right to ask. As, for exam- ple: Why (1) 16 there not an annual financial ro- port of tha University ? Aud, wlicnthero is a re- port, why (3) [te otlior pooplo’s property, such as tho Obsorvatory and its contents, always namod amongtha ¥ resourced " or * assots " of the Uni- versity ? Why (:J? was tha Winuotks Bohool nt~ tached and detached? Why (4) was tho Law Behool hslf-dotached from the University of Chicago and half-attached to the Northweatorn University 7 (8) Doos the University of Chlcago, - or “doos it mot, keep its pold " of tho ‘Unlon TLaw Sohool " by reason of the forbearance of the Northweut- orn University ? 1aa it, or has it not, farfeited s ahare by not complying with {t4 part {u tho couditions upan which this wonderful stroxe of aurgory waa consummated ? gi) s, or Las not, the debt of tho Unlversity been acoumulat- {ng for ten years 7 and iy it not paylng (or tail- ing to pay) cnmlmund iutorost on tho samo? In it, or s it not, ahiuning to moot itg current ox- Bcnnnr IHua it, or has it not, failed to secure a old of this community anything like commen- surato with ity uamo. position, and the ndvan- tago of beginning with tho beginuing rud grow- ing with the growth of the c'nr? After theno fiftoon yoars of existence, ia [t a recoguizod forco In'tho oulturo, the Intellect, and the edn- cational {uterests of the Northwoest? Such are somo of tho quostions which aro asked by tho disiutorostod, and yot iuterested, publio with rofersvce to the Burroughe administration, which, Hie Micawber, 18 always waitivg for something to turo up, and always falling back for just such a spriog aa that proposed by thls uninitiated * aubordinate,” U. 0 Y. ——t X¥ow to IRandle Suunkes, London Times, 2 A correapondent who wad prosent yebterday morning at the Zoological Giardens, whon about » dozon Indisn cobras were removed from the box in which they had traveled into a clean, thoagh narrow nnfio. desoribay the moda ln which thouo deadly reptiles wero handlod by the keeper m troly astonisbing, With his lnux—hlnfl?od wire hook, he, from a respactful distance, man« sged to drawout a snako tail first, aud, catoh. iug It by the tip, Int It gently down head foremast into {ta new cage, tho fid of which, a glass ulide, was open fl:-t wldo enough to recelve It - One after auotifir eight cobras were thus oved and safoly boused, somo dilating thelr * hooa' aud angrily bissing as they tried to strike what- ever object thoy could roach. Bnake charmors and ludian 1nx§len thus handled the cobras with fmpunity, Buspended by the tail they are fowsslas o tabae. Litissalives and wound the ud that holds them; bug care must be taken lost the creaturos stzike st the limba, TIIE CIIICAGO TRIBUNE: I'RIDAY, JUI RAILRGAD NEWS. Annual Report of the Michignn Central Railway. A Statemont Not Enconraging to Btooks holders. Fallure of Revenues to Increaso Propor- tonately to Business, Ohango in the Freight Policy of the Union Pacific Roads MICHIGAN CENTRAL. TRESLUENT J0Y'S ANNUAL REPORT, Tho annual. raport of Presidont J. I, Joy, of tho Micnigan Contral Hallrond, las just made ita appearanco. and is & moat Important and abls dacnment, It will be inatructive roading to all those Intorestod 1o the wolfare of our railroads. The following iv & sammary of the report : EARNINOS. The esenings of the whole property of the Company during the yesr hiave been Cuiu pansugers 2,116,998.00 TN rou frefght...,, . Front miscellaneous source 45,449.06 Totalieersieeen $7,102,286,41 The operatlng expennes, including taxes, § ety 6,038,097.70 Bays bect. ueesae s, L0 $2,031,18%,08 Leaving for not earnings The gross carnings of tio year befure wero. ..., Lersees T6H,09.50 Bhowing a decreane in 1he gross Garnings of the lurt year aver the prior yenr...... G31,795,2) “The operatiug expenaca for the last year 5,022.612.39 were.., ke Whils thioeo of ihe year just closed were, us statod abov 5,06%,097.5 Being a reduction In this ftem during the 8 4854060 "The reaultof the year's bummnces ix, that whllo tho groms carninga bavo falion o, $33! Tho expeiisca have Leeu alao reduced by. . 43 And the loss in net earnings has licen only $i6,250.66 "Tho gross oarniugs of the maiu line, seps- rately, during tho yeur ending May 31, 1674, were, §,012,768,23 Duriug tho past year ihoy b 5 ] e 'sAine property Having fullen off....... 409,603,97 "The expenges of the mai year cuding May 31, 1574 $1,470,750,00 During the past year they wei 4,110,769,18 Beinga redustion of bxpenses in main line Lisiness of .. Ceiees $310,01683 “Tho 1t carnl ¢, for ho year nding May 31, 1873, wers 002.01 Diring tho pust year thiey were. Having fallen of... $10,501.39 T the total decrouss I the nel cariings from the whole business of the Company, 2 2LOVD 8tatod, Bl vrssrcoraseress 16,250.60 That upon tho main line has iices, thoro- foro, 0,571.39 And upon the lsased lines,.. ... 15,60 "By tho main line, in the ahove staiamasnts, {: n i tended to include the Alr Line also, which is’ simply & double track, and nsod a3 suck, 3 TILE WHOLE REAULT OF THE YRAI'S NUSINESS, 9 thio Doard arc compoliod o stato, will carry wiih it but litilo encouragemont to. stockbioldora, ound It will oudd but litle to € when it s atatod that the operatin cxpensen of tho past year bav becr, na they are slato in tho accounts, sncrearcd by chorglog to them from sunpeuiled soeounts many claima outstanding for & Toug time, but now fnally adjustod, of tho gross sum of $218,705, whicl proporly slould ' have been charged against the yovenuos of prior years, inutead of against tlioso of thiv past year, Though tho et carniuga of il year, Lowover, might with propricty be siated at that amoust groater, bavo all tho proper operating oxpense of thie year just closed, still the bunineas of the Company durlug the year, ‘even 60 undorstoad, will a far {ron satisfactory to stockholdars, Tha couson will appoar L the subsoquont statemonts of this report. “Thio voluimo of bmainess han not been equal {o expoc~ tatious. Tho abundance of the barveas in Lurope the Inst yoar was mich that there has beon bat comparativo- Iy liftlo demand for the grain of this eountry abroad, and ospecially for whoat snd flonr, Thoso productions of tho laat year bayu thicrofore only maved from th Weat to tho seaboard, or malnly to supply tho demands of tho Liows market, " Thoy 4r0 very largely, even now, inthe granarics aud warchousos of tha West, They ato now. muving out, rlowly, at Tates wholly unro. tuunerative, aud mich an lian isover been known befors fu tho listoty of transportation 1n this countey, ‘Aud yot thero ina bean AN AOTUAL CONSIDENADLE INCREASK in tho quantity of busiucsa by the Michigan Central Itoad duriug th past year, Those who read tha lust roport will Temember. that tho incroaso of tonnaga muysd over tlio road during tho year covored by that roport, over that of any prior year, wan tho very laryo Amount of 177,167 tune, Tho groas tounsgo moved that yoar was 1,5%:4954 {ons, During tlio past yoar tlie groas tonnage moved was 1,641,280, being an fuceeaso of 41,320 tons ovor that of tho priot year, when tho increaso was extrardinary, Tho ine Croana nlso s been on both through and local ton- hage. That stockholdcrs may appreciata tho regulnr fuicroase in thin aniount of the Luinéss of the mein lino of tho road, the tonuago movod in csch of tha Lust fivo yeara {s givon, 1t s us follows: + K23.770 tons|In 1873, “1I0V6T5 tous|In 1674.101001,990,954 tons In 1873.... . .1288,018 tous|In 1875.... . 1,641,250 tone This ahows tho steady progress of the busiuces of the raad, ko far 34 volutno s coucernod, oven since the pandc uf 1673, 3 woll as befure. PROSPECTIVE. Tha regular Increase In {ho vuiume of busineas In {ho past, year by year, will enablo stockholders ta Judgo Bow soon, by natural development vuly, the Dresent large tonango moved will be doubled, cind ool Rcquontly tho utwpst cspabiiitios of tho Tuad oven callcd 1nto uee, Of tha sbauluto neceanity of. all tho fmprovomenta to onable tho main liue to mect all {io demouds of busiuess, sud put It upou a faotiug 0 couipeto succersfily with all rival lincs, tho Board have not liad, nud do Tiob now have, & question of doubt, Tho Tapid deprociation in rates wis not fully forasoen, nod therofory the revenue anticipated from tho incroasod volumo of businoss has not been thus fur realized, The ralos of this year Bavo hen slao dopressed by extravrdiuary clrcuinntances, geerally kuown. This progremivo’ rediiction of rates, Low- ever, could 1t hiavo been fully and perfectly foresocs, would lisvo onty made mors clearly ovident, from the beginning, tio absolnte nocessity of all ths finpirovo- munts moyo in the permanent propesty of tho Com- Fany, (o enablo It 10 do with economy the very greatly Slready incrossed traflic, and tho future sill largee Tusinods, from which, st ' Jaw ratca alone, it can count upon earning dividends for its stockbolders, Totavo remalned atationary, witlout the capacity to do tho largor business prossing npon it in 1810, and which thou clogged.it, Toalizing from 1t the uies uuly of 17476, would have boen the dirvct way uthe total or noarly tholotal loss of all net revenuss frotu it busincss, 16 would bavo been to redics the ruad o s purely local one, with no ability to compoto for {uraugh freight of pavtonigers, Whils other linee wore meeting (he emer- encles of business, and enlarging all their conyen- ericen and appouLments Lo snoble them to do it, thero was uo altoruativo for Lhis Colmpany, sxcupt to’adopt and act upou the determination 10 put the ruad ity auvh & stato fi all its parts, an Lo enablo it 1o succois. Lully competo for all buainées with the best of itv com~ politors. ‘fho resnlta of tho traMic, cven thun far, Fave tlist (bfe Baw boen succesnfully acoomplishod, It 00t thought by the Board that Uicre Bas Lown m nlasdy an faoroase of trafiia by snyof the otlier grest lines Letwaan Chicaga aud e scaboard citics, even duciag tho yast (wo years, sa Ly the Michigan Ceutral Road, A, however, TIE, DEVENUE OF TIX PIOIENTY OF TIE COMPANY have not correspouded with the iicreasn of tho busl- neas, and 1t is fimportant that alockliolders should per- fectly udorstand tio catsen, at the risk oF repeating atatements formerly mads, Lo oard agaiu call thelr attention to the progrumive reduction of rates, snd the consequences of it upon {hio sarnings of the ro “Fhio rats per ton per millo oo all frolght carriod slowe thia earniug from every ton of fzelght, for avery milo i In carriud, sud tle reduction of this Fato is the aeasurs of ‘tho reduced oarulnga In each yoar. Tiils rate, for each ton earried 1 flo, averagidg all the business {n 1808, don years ago, waa 3100 vculs, Ous yoar later it was-1° 60100 cents, Two years later Al 1t was 2 0-100 canty, Iu L¥70 I% was 1 9510 canls, Two years later it was 1 60-100 ceuts, Iu 1874, 14 wan 1 90100 centa; and last year it wu re- ducéd to116-100 ceuta por 'ton per infle, Tho last flguro, it ia bellorcd, ia tho lowet which hiok ever boen suachad for thu average traspartation for both local aud through (relght ou apy ruad untl tho laat yoar. 10 whil Bow o sven what eect thiy Laa had upou the gross rovenues of the rosd. THE TONNAGRE MOVED tho last year, as stated abovo, was 1,611,280 lons. Could we havo realized tho Tato per foi per uilo Whtioh raled 1u 1805, ton years sqo, the this buslness would Lave buen. Whilo tho rodl eruinys Wers ouly. 11,410,192 tona 8 QUArence Al v cureresrne s 85,014,196 which s more tlisw Weved 8 per cont divi- dends Yosl, Iark we Teceivad the rats of 1870, five yesrs e e m;‘fii'hw% 303,048,83 nlugs from this s0urca would hata boon.§6, . whily the real earuings wero, oo voees iT.0L making a difference of, equal 10 niore than Lifea 3 pur ceut div Uende loat. 1ad wo rocaived only the rate of 1877, but l“"“mu. two years ago, tho earnings fro; Mo would Leve bosts o« tho actual sarningy belng. .., 908,818.24 2,367,01 which leaves, s ensenssss$1,300,071 Toat by stmple’ deprociation of Tates in two yesrs oy, aud which {8 very neatly equal o twa 4 pee ceat dividenda, ud ‘wo roceivod ouly th rates of tha last car, the earnings from freight would while tho real earuings wore. making & Aifferenca of.... .8 446,490.09 OTUER CAUKES, The causes above stated are tns main ones which bave affected the rovenuss of the Conypuny. There is anotlier, Lowaver, which, iu a much srualler degree, hias affected, uj . tha tim d 1 ' ainger: ik ua thare, sbl b SoHlved proes ravived prose perity, wii om rty, yil domenhiut affect thous. Tuta tha lesaed ) iy the bt e jose Toa Juliet & Northern Tndiana wan Iraned twenty yoars Ay, ami whould not pow b conskdered, Thone jeared with the period naned ara the Jackaou. Lansing & Haginaw, the Orand Kiver, (ho Kalsmazoo & Honth HNawn, ant the Michigan Alr Jina Hoads, Of thess, tha Alr Lina ftnd, in fiself, uever lan been, snd neyer will e, profitable, Frcept e doubie track for the miain Jine, aud to lave t, thin Comyany could not afford 't retain it Asn daublo track, it {3 28 valusble, and, | érhays, rmors #0, than s donble track slong the mwin line, Tt is ol- talnrd at s cheapsr cost than such & doulla track could have been hullt, The bunioess—passctiger and freiglt—ronld not be dous by ona main line, sad the Al Litie 1s 88 {tmente relief 1011, [n the eass aud dis- fatedy with which buniness can bo one, While, thiare~ Tore, the AIr Line, ax an_fndependent rosd, would be ofno valur, It 18’ important 1o this Company s ltn donbla track for Wis distarics of 111 milss by the ald Jine. It {x nimply & yart of thie main e, thaugh i has, of conrme, mome, {hough bub s very iportant, local Lusfuoas in additinn, There have been now TWO YPANS OF GREAT DEPRESSION in all claasen of buainess, snd, judged Ly the present, 1t might b6 ronridered tiat thia sharpeat hora of the dilemiina had been chosen, while an experience of & #hort time mare may, and prolably will, prove that It Would have been fatal {o have chouen'thn other, Tn any sveut, tlicre bas been no awbitions desira to Acs quire cnirol of the roads of other companies, 14 biaw simply been the purposs to protect, ao far aa it might, tlie burinesn praperls Lelonging to your ruad, nud jire- vent it being turncd away to other lines, and alro, to £ar an it might, to prolect ita rates, which' was alulost equally inportant, With nli the suxiety £elt to pratnet THE 1TOCAL BUKINESH OF 11E ROAD, and wdd 1o it, a1 well as ko protact ita rates, which hiave tieen the mntivos tn taking control of roads which could, with equal facility, turn Ahelr Luiuors aver your road, or that of the Jake Bhore & Michigan Routhorn Company (and it han lessed none other), anty partisl auccons has been obta ied, Bo earnestly havo local otereats pramoted the consiriction of now Tonds, (st ot only s the Afe " Liun " plan. uwl acrows the Blste, and likely to ba ‘built Ueonghy “butanolles” was abio rojected, pare alled with it, aud is nearly complutels viz.: tho Chiragn & Lake lluron road. ~ This ts built from Bat- the Creck, fn the dirsction of Chicago, parallnt with the maln hne of this Company, nearly so miles, and distant from it only an_averago of 1 miles, Lantuf All, and Lut just before the panic, the lako Slivre & Miclgan Southern Company. promoted the conrtric ton 0f & mew Toad from Jantwville, ob 1te ol tine, north, to Lausing, acron tho liucs of your road at Tomer, Albfor, and Faton Hapids, crosaing tho Air Live, main lug, and Grand River Valiey I in the youngent born of the brosd of raads « i meriously affect both the tratic and tho rats of tho Michigan Central ltoad, TILE LESPONAIMLITIER OF A JMANAGE] of n railroad property, no wituated and golug throngh Auch trials, for tho past few years, han uot Leen nn ngrecable one. Important aud complicated (quertion Permanent incroets, havo ariscn sud neceanar| ted upon, Fomotimes requiring fi- stant declaivn and sction, and e aloue cun deter- Inluc iow wiscly of unwixly it Las becn done. On the whole, 1t in believed they bave been well decidnd, Tho great causen which havo affected your property are not thoJoaso of this or that Iateral Toad, thouyis temporarily this Las bad some effect, A little time will remedy al) such resulls from that cause. The 1nattern which hava mataly fmpaired le roveniien uf tho Company, ave been whotly beyond the control of (he manageiacnt. They arelargely permancat, Iiut it 18 now biardiy poastble that the worst has not be: rescked. It 10 now quite certatn that the future will bo une of iucreasing revenue, with lucrease of busi- nere, 1t I8 al$0 certaln that the resulta of tho econo- 1nica begun and in progress, will be mich more mark- e in tho hext than in tho past yeor, There are, cven now, indications of an nprovement fn several clasres «f bunners, Passener rates, and fates on some claence of frcight, bave boc, or -will he, Tostored, Disscuaion betweeh grost campauics, and involving all others in thelr cousequeuocs, wil’ coase. Thers fs promiss of abundunt barvests i the Weit, New Toads can acarcely again, for suny yeare, be Lutit to jujure tho okl onem, With the naturai fucrease of Diisinse, anid with only stich Fatea aa $he condition of thiugs will allow us to realize, but o short time will bo Tequireil to restara the valua of the wrest Jines, It munt como mainly from jucreascd husiness, thd not from auy conlilerably iterearn of ralcs, though there will be an dmpravement §n thrwn, THE OPENING OF THE PALTIMORE & 01110, to Chicago, ita dosire fo advertise fta line by chesp rated, sud by tho notarioty which a cuntest with an- ‘other. geeat lino wouli givo it, have disturbed and un- duly deyronsed them for a time, and sume reaction will come a8 sonn 8s nsinexs rovives, The yresent effcct has been very great, ‘The whole rediction in tho sarnings of this” Company, during the Just year, liaa boon sinee the opening of (hat road and wholly by rossan of roduced rates, becatse tho business g ex- cosdod that of laat year during thi same period, TUE PABSENGEN BUSINESS Tias fallen off §n earninge, elybtly: iu all, £3,520, Thin liss becn entirely fn_tho ‘local biainess, whire the loss was $44,428.00, ~Thiero was on liicrease {n thy through passcnger oarnings, of §34,908.09, notwithstanding tho reduced fares. The multiplication of through lnes of carw, for the througl freight business, by tho various roxls bo- twoen tho West and tho 1ast, is a source of ureat un- nual expense to all Companics over whiose rosds they ruu, unless each Company Las its full quots of cars in tho lines, Thoocowtto thls Compang, fur the uss of Buch cara ducing the last year, was §256,000, This is 80 great & burdon that tho loard Las proviled for 0 new cars, which, during tho apring, Lave been put o the road, 16 bo g, whery thiy will hess. contie Valance this large snnual chiarge, Tho money o pay for them was provided for by an equipment mortitige, sud by a pledgoof tho sinking funds, whicty will'bo Tolesued tothin Coinpany, by the puyment of tho re- mafuing bonds falling dio I 1842, and which are pro. virted for by bonda nuder the ten millton mortguye, vet apart fur that, snd wlich can b usad for 10 olher puspose, ) CONSTRUCTION, Therohna been Lut litthu conntenction du@ig tho your, though poueiliag ban been necrenisily donv Mo conslzuction of wLew sbopa, eleewhere, Toft th \ulliings formerly used for shiope, aud stunding tho yard froniing on Woodbridgo aizget, in Detrolty (o 1o tindo uneful for other purposcs. A sand-hoiise, and chintes for handling coal at tho Jiuction, and' coal platfarms, nnd shod for surplus coal for emorscictes, iuve been built, Twenty-one miles of sidtug have betu Jaid ot varlous polnts, Homelhing bas been clinrged to construction this year, resulling from m: tors tiot wholly rettled in th pant. Allogether, how- over, but littlo has been oxpended, except s stect rall, fustoad of iron, has been med {0 repair the track, wheru iron has given way, and thio abovo aro tho chiof {tema, Tt will bo seeu from the atatement of the Buperin. tendent that about 53 mlles of fron still remain o the track—main line—whick nuwst bo_replaced Ly stecl an 1t gives way. IL would be real economy, without donbt, to da thin ot ouce, and it must i any event, probably, all be done next year, Asido from this, thore arono extraordiary eapeuses auticipated for’ somo years, FINANCIAL. Stackholders who read the seml-annual atatement of last Docomber will recolloct that tho floxtiug debt, which had been upwards of $1,000,000 In Juse before, had Leen nearly extiuguishod at the dato of that stato: nient, The January intorest ond the reat for tho Joliot & Northern Indfans Boad, both amounting to $224,960, aud tho tazes about $300,000, wers paid in Jantiary and Docember, and all the'wood and ties wero booght” during those months and Fobruary anud March, absorbing sbout $i50,000, Our cumninge aince Deo, I, oxing partly 1 (1o doprassed stat of businers, unid partly to the action of the Haltimore & vl lve follin oif, betreen Noverubor and Juie, about 50,000, All theso causes togethor bave again created a debt, which will bo statod by (ho Treannrer, 10 Whoss statemant for the finsncil condition of ths Company rafuronca ts made. With fncreasod and very lorgely mncreased economy in the working of the road, which it 18 belloved will become much more marked 'in the next thanio the prosent year, with Foturuig prospcrily atlth cou- aequent natiiral increaso of tho business of the coun- try, of which the regular_and -constant feat increave fraia_yoar o year on tho rosd shuws that wo may reasonably expect our full share, with sowe ittle luie provement which will bo reailzed in the rater, thera well-grounded lupes af au early restoration of 7alu8 10 tho stock of Mo Company by reasunatle divie endn, It givea the Doard great pleasure to atate that tho Suparlutendent, W, 1, Btroug, aud the el by which ho [ sdded, ure etive, vigilani, aud earuost iu thoir afforts, both to ecouainize In cvory possible way In the expenscs, sa well 18 to promote and unake the mot. of the busiuess of tho road, aud to express the belief that the utmost which can posaibly be dono by thew (o lu~ Buro the best rewults wil be accomplisbed, e A B MISCELLANEOUS, A CHANQE LN FREIOAT POLICY, The fact has ofton been mentloned in Tns Turnone thatthe Unlon Pacifio Raiiroad, undor Jay Gould’s management, ks leocing the poople aloug ta o to Its hourt's contont beosuse it Lies no compatitors to force it to make equitable and just rates, A fow months ago the road in fixing ita tari® declded that it would charge arbitrary or local rates to it points ox- copt to Bacramonto and Californis, to which placea throujds rates, were made. Henco it cost more to send goods from Chicago to points in Nevada and Utah than to polats in Californls, and it was cheaper to bill the geods to Bacra- monto and from thenoo baok again to tuo polut of dostination than to soud them dircct. Of courso all tha goods shipped to such points wero aent ju this manner, ‘rhe Union Pacific Ratl- road has now Lecoms tired of hauling freights 80 many oxtrs miles, and has therefore made & chauge Ao a4 to mako the rates tho same gu to Sacramento, charging, Jowever, that much 9xtra s 1t usod to cost to “send the poods back from Bm]xumeum, 28 witl be socn by tho following cir- cular; Nolica 1s bersby yqren that in sscordunce with spoclal agrecment Witl the Central Pacitio aflroad Gowyany sud (e Unton fucito Wailrotd Compmoy, frvight for Winuemuces, Wadsworth, Reuc, Carson City, sud Yirginis Clty, Novads, sud Truckoo, Califor~ i, may be con Hifost o' Liawe pelnia: sl wil be ‘delivored at destination at a ralo which ko far as the Unjon Pacifio and Central Pacfio Raflroada are copserned, thiey guarante shall siot exceed this sum of {be regular throvgh rate to Bacrazaeuto, plus the regn- 1ar local ruto froat Sacramento back 10 deatination, 1u order (o sscure Lo rates sbove provided for, the freight should Le consigned direct to ity destiuation, and uot to Sacraweuto or vther California filnh, The Unlon Pacific latlroad Company rosorves the Tight to charge l'e.‘lll‘r loca) rates frvia Omabia to Ogden upon all frelght really {uteuded for Novsds, but fruudu. Jently consigued to Bacramento or other Ostiforuis points, TICKESL AND PASSENOER AGENTY. ‘The Qeueral Tickot and Passenger Agents of the roads contoring this city hold thoir regulsr monthly meetivg yesterdav, at the Chicago, Bock Ialand & Paclfio Dallyoad oftice. Besides tho examination of tho sliect-tariffs and equal| ing diMarencen, no bunnoss was trausncled, Most of tho General ‘Lickos Ageuts loft for 8t T.ouin in the ovening to sitand & mooting to b lield m that oity to-day. It 1y nndorstoad that s meeting 18 I raunrd to astaugiug certain matlers connected with the bridge, The Man with the Coon=fkin, New York Sun, o halted in front of a grocery mtoro, and, drawing from under his coat A nmali parcel tied around with a atring, he inquired of the grocer, who sat by the door S iow'nteadn 2! Protty fair for hot woather,” was the an- r. Aro you up to bargajns?” continuod tho strangor, a8 Lio untied the parcol and took out a coan-<kiti,—n conn-akin which aeomed to have Leon kicked about the liouse ever since tho ciose of tha War, Humph ' aneered the grocer,ss he contempt~ ously ragatdad tha old skin, “You may *hamph!' an “humph !’ all you want to!" excisimed the stranger in a loud voice, * but you want a coon-skin to soll agmn this is tho ariicle. 1 don't thiuk I'want to invest.” *You don't? Great ieavene ! bat, for & man of talent and enterjris th 4 X0 ane ever buys coon-akins o furs in the anmmer," satd the grocer, *1 know it's a little late in tho senson, sod therafore I'm willing to throw off something: L shouldn't havo the faco to ask over o0 centa for ‘ere conn-skin." Isbouldu't want to pay that price,” repliod tho grocer, “You wouldn't 2 Morciful atara! Dut is it possibla that you would take bread from the wmouths of my starving children, 1wy innocent fladliy 4, who dou't know acoon-skin 1rom a cow- do 1 "I'he grocer waa eilent, and tho stranges rmooth- :ad th«.i brindled bair with Lis riglt hand aud con- ined < will go beforn auy court in the land ond take a Rolutnn gath that tus s one of tho best coon-shins offered in thin market for the laxt fiftoon years, Obuervo tho variegated colora! Tehold the tendor softnesy! Just put your haud on this coonerkin, mirfer 1" “Idon't think I want tn buy any furs before November," quistly reptied the grocer. “Youdon't7? 1sit possiblo that vou will do- Jberately lot thin great bargain slip through your fiugera ¥ Nol Icannot belioveit! Duzons of grocers in thi town want this coon-skin ; want 1t 0 that they can't keep atill ; but I wasrecotn- 1mended to come to you, and I am here.” + It isn't n prime skin,"” suid the grocor, a8 he glanced at the flesh sido a second tine, *Itain't ? Here, mister, ehootme! Draw your rovolver and sond o ballet in horo, right through my quivering heart " 11e dropped tho cuon-skin and hold his coat and vest open, but as the grocer didu't enoot ho y.resontly picsod up bis morchaudiss, and con- tinued in a gnd voice : - * Mister, do I look like a pirate, or a robber, oraliar # Do you suppose L'd go and tell you s deliberate Te, “and geril my chiances of ever reaching boaven, for tho sake of eelling you this coon-shin #" * No, I supposo not," replied the grocer, lean- ing back in his chair. * Ab, o, I wouldn't. I sin't purty, nor I don't wear mnny store clotlics on my peraon, but I'm honest—yex, as houest a4 tho dayis long, If Istonld so far forcot my early train- ing ne to tell you a jie about this coonmskin, I could enjoy another night's rest—nover 1" Well, I guess Tdon't waut it," eaid the gro- bamph!' and T took you cer, *¢ITenvens ! but ia it possible that you will let mo roturn to my loviig wife and foua childron without bread to appesso their hunger ? Wil you deliberately and wufnully eit thera and seo 0 tio this coon-skin up and walk away, when [ smofferiug 1t to you at one-holl its murket valuo ¥ *You can perbapa ecll 1t claewbere.” “Ikoowlewn, I know a dozen men who want it. but they are not men of your reputa- tion. When land moe 50 cents I kvow it is tho genuino serip, dud L go away satisficd. Tho othera might paes counterfeit moucy on me, and Imight bo arrested and jailed, and iny family Lo ©oxponad to the keorn of thu cold world, “ 1 don't want tho coon-skin,” sald the grocer, *“but if your family ars sufforiny for tho want of food, I'll glve you 15 cemts for it, aud throw it bacl: in the loft.” “ Iif~filtcen—fifteen cents!” oxclaimed tho stranger, drn]| g tho fur and springiog off the step. * Now let tho angely look down and weep | Let that bright sun be obscured by clouds black- er than miduight rofled 1o tar ! If lifo bas come to this, let mo die at ouco I" Tho grocer picked up a newspaper, and tho strauger waitodtwo or ihreo imiuntes, sighod heavily, and ttien handed out the ekin, and «ad- * Tako it, and give ms tho paltry pittanca! T am going hime to tie it the Losom of my fam- iyl I'll gather them aronud ne onoe more, talko » last farewoll, and thon I'll drop into the turbid river, and be seeu uu more 1" - Tho moucy wns hauded hiw, and he passod dovwn the street two blocks, turned to the left, and as ho kicked open tho blind-door of a saloon, Le said to the barkeoper & ++ Julops for ono, nud il the glass chook up!" Getting Rendy for Kto Atlanta (fia) Constitution., A litorary gentleman entered the Yonng Men's Library yosterdoy aud nsked: ‘lHave you re- cetved Mrs, Augusta J, Ivaus Winslow's new novel yet?" It is not from the press as yot," replied tho attendant, ‘*Jost point me ont your encyclopediay, then, and I'll get ready for It," anfd tho dnquirer. The lst wo saw of him ho b his_ears botweon the leuves of the Encyclo- pedia Brittanica, FINANCIAL. Stocks Dealt {n at the New Yark Stack I sold by us vn margin of tve per ceat Privileges Negotlatad at one ta twn per cont from miarket on mem. Dora of the New York Jzvhangn or responaiio parties, Laryo surs have bean realizod the Past 03 dazs, Pat of call'coats on 100 abiasca $106.25. Btraddies 9230 each, contral 200 shiarne of sk for ) dass withiout (urtbur ok, whilo many thousand Y profit tuay bo wamad, Advics and Inforiuation furalvh Pamphlet, coatainiig” valuable atatistical (nforiuat and showing how Wall-st. opvrativas aro couducied, F'ree T sddress, Ordc el or wire snd Doy oteonied by wer A Udreys 17 U o wise ua TUMBRIDGE & CO., Bankers and Brokors, 2 Wall " SUMMER RESORIS. Tsland Ledge Honse, Wells Beach, Me. WA WORCESTER & CO.. Proprictors. Thin House s considured the bost -conat of New Englaud, where thers s surf and river ulug, with excellont (aoilities tor salling, Haliing, 4unniog, id sl Sutedoor smussments. Uosd musia for datcing and ‘tud sverytling that can lo tod for plessureand rues hote and in the woods, he markot can aflord for the 1abio, Sexaf tho guests, Boatoa day from Lioaton te cbaage bought and Barties st survico of patros montionod fn & Lous Bplendid drives on smodarate, Ylia b and lr & Nalne Jt. I yui this beautiful toso MOUNTAIN SANITARIUM, For Pulmonary Discases, ASHEVILLE, K, O, This inslitution tor the cure sud treatment of pere sona suffering from Luug Disoiacs, Is now open sud will ramsin so thronghout the entire yoar, Astioviite, 2,250 feet above the Jevel of the 2oa, hins for & lorg time Decn virited by such patlents, sud the chmate {v well Kuown 10 exert & bonetlvial fufluenco ou consumptives, For particnlars addross W, GLEITZAAN, A, D, Physiclan in Chargs, Lakeside House, MADISON, WIS, This farorite summar retreat ls now opan for guests Bitusted on laks Blusous, disectly vpiusite Madisiz, oaly gz bours' ride frowm Cicage. Clarges mudurate, Forplladin iddion 0 4 poos, Proprotar. GRAND GENTRAL HOTEL, DENVER, COLORADO, The fineet and largest 1utel ju the Weat, and aflonding fow of the Ho Mountala Rango, sugaldonnt YoriSwW & MARSHALES Frofnions, per 7° AMUSEMENTS HOOLEY’S THEATRE, Monday, July 19, Third Woek of the fireateat TTit Ever Rnown i Chicagn, by the Famoun Unien Square Theatra Co., in M. Jlart Jacksou’s adapiation of the great piay entitied 3 THE TW0 ORPHANS, With the ntiginal cast, «ry evening and Wedues- day and Haturday Matine: : THEATRE. ADELPHI REOPENS MOSDAY NEX #tone s Gorgenus Bpcetacis, e’ ICE WITCET, With Etarything New, ) L Cinrgeots. Comturuen, el July o il Casty , sud et Fiaturea of ACADEMY OF MOSIC, PZOULE DELIGHTED WITH ROBLRT McWADE'S ICHARD Il 1% D50 25 RODY 0ASEL Joattiveiy ouly thrco utghte wore sud Baturday Mat- nee. u i 1 l MAN! KNOW THYSELF! DR, BAMCEL DAVILSUN'S GRAND FARISIAN GALLERY of Anatomy, Sei-nce, nd Art, 1a yaw ajen At 16¢ South Clarkat,, Chicaro, Opon daly for gontle. 160 only, from 9 a, M, to 11 m. Adn.yon, 4 ota, Oliserve Hhe Addrecs, 166 Bl Clark-st MASTER’S SALE. Under Decree of Foreclocure in the matter of the Rockford, Rock Island & St Louis Rail- road Comyan; United S Statos e thy Jiainanr, iroad ny of New Yo Tack irland # K & Minorsville I o or Tubdora of bundd, who rn. addenriact the eald Conet entared in vo entitia esmn on the 13ih day of duly, A» D "rm{ W, Bistiuy, Mastor i (Chaneery 1d Court, will eoll together ny oar property and et (0 sopa. ratayarcelsat pubiic ane tharufer, on Tuesdry, 144 (uikhteen b u'cliek in the foreno i Tront door of the Republie | Lasalle - tand ot bidder st gty it o Wailling, No. i e Caty f Ghicag i Sy of Couk, ife, And ax dieccicd In anl § dvornn, cribed §n 1he Uil = dnrlnding the entlin rs nd & St fouls Valr ij beanche: an 2} by 1, and alin , dejulogronnds, gon i | the e s, e, or oiline Tigats of Tafhde, W deity ot 1 a0 1al rolling stick o ouulumonte, muschinor} sz s ield fur wse la cua. neetian with ‘said Locktard, ‘Rock Tsland & St 1onb Hallroad Gowmpany, or ta cal'lands and c.al miues, tn- 3o clnding all lacomotives, tenders, rulling steck andequipn and mente, fucl, and matcials fof the conetruction, wperafing, repairing, or rerlacing the atd Iatlroid or auy of 1t branchier, o7 §u or for uperating #nd -u.kuu' any nf 1tx coal mis any of its oquiiments: alao all franchiscs connacted with or rolatig to thio eaid Ealltond, aud sl all clak nad bearfits ' fn " ond all agrecinats mada with any p onni 1adx, or inineral ads, or rallruad, oF ralie any oiher pariics fr any other property, ad singufar the 1uds, tepemonta, and appirtenances thereanto belonging, and tho rovarai.os, tematudo talir, {noumos, jsxaes, and profits’ therco alsa Ighte, titles, and intarest s well at liw as o rquity, of ihe tork fsland & Bt Louis’ Rallron of, i, and o the sanie: aleo tho entire raflroad Oriun & Minorsvile ltaitrnad Company, with all tho fean chisos, privtlezes, and apimrtanaticos terets bolnngio aod all ather projiorty, rosl and perwonal, balongine to Rack Taland &' St. Jouis Raflesd mpany and’ anld Orfon & Mizemvillo Railroad Cumpany, or elthor of them, aud which fs bow in tho posscesion of Willam fl. Forry, Reoviver; and all uther property ghta, feanchfios, and tiungs which sball karo bow acqnired by purohase e othorwise by the tail Reentver duriug tha pendency of this ault for use Io con- fioction with said eailrads, and shall Do at tho time of tho raln thrreby doo o, e povscsston, | or which bo ‘may then ba ontded, toghther ouz projerty ot In soparate pareals. iy the tarms o said ducres two hundeed theusaod deliars o tho suin Ui At wicti sala 18 to he pafd by the purchasor 1 o balxaco of tan lo tho Matrr fs n c: in fira of €3, any nf tho onlstandiug aud unyall Londs or conpo fasned under And ajcured by the murtgazosol dune b, oF Uctibinr 1, 166, mantumad in said, 4+ e ot ennl catos of fudebt dusas (ssued 19 lisu, of ‘any al said co pona, 8t wich percontazo as sald Court il diract tha appoval of sall walo. Fora moro particalar doseription of the said property raferency can bo Liad ta sald 2 HENRY W. BISHOD, F. of tho Lircuit Conttof tho United rhorn District of Lilinols. Dated July 19, A, 1. 145, ) EDUCATIB'!!:AL. The Sage College for Lady Students. ‘This snafitution has been erecteq_and endowed by tho Hon, H. W. Hage, ot a cost of $100,000, in connec- tion with Cormel Usiversity, on conditlon'that young women ahail receiva ot the University an_education as tharough and broad as thiat provided for young men, The collego bailding s Lested by stew, lighted by gu, carcfully furnished and provided with baths, gymnarium, botanical gardcn and oruamental grouznde, “Thu lady’ studests havo the priviiege of “all the coursca of {nstruction given fu the University, and to the rermons presched during the year in tho' adjacent University Charel, by disiinguistied clorgymen of varlaus relighus bodles from vario: s of the country, under a special endowrent for that purpose, “Iho iitire number of lady etudents who can ba ac- commodatod during the coming university year, bo- ginulng in Boptembar, fs ono huwdred and twenty, and applicants for rooms will be reglatered {n the order of application. For circular containing full partionlar, sddress PRESIDENT OF COUNELL UNIVERSITY, Itbucs, CRICAGO ACADENY OF DESIEN ART SCHOOLS, DMichigan-av., corner of Van Durcneat. Open continuomsly. Drawiag, Painting, Senlptare, and Architecture, umder profcasional tnstruction aud guldance of M. PELIX REGAMEY, J. RUY ROl. d. F. GOUKINS, Presdent L W. VOLK, . B. JENNEY, MADAME CLEMENT'S SCHOOL TFor Young Ladies and Childres, GERMANTOWN, PA. Estatlisied 1 The neat sansion will ewmonce on Wod 186, Fur elreulars addross tho Prineipal. PEEKSKILL (N, YO MILITARY ACADEMY. Upens Sept, B 1835, New Qymuasum. $400 per yosr, Address Mesers, WRIGHT & DUNALD, M, SUTHRERTS HOARD! M Shool ir young tadies, 5t Lous o tuo ity Univoraliy ~gne uf e fiuat a¢ i3 tho Weat—whers factlities have bon added renderiog it cumplote {n alt departmonts. Jofervucos cat 15 all Weslorn aud Southwestam State: sday, Bopt. opeay Momiay, Sept. 13, Address tor cataloguo and ine Thrmation, I, HUGIENTA U THIKIE BE: Lonis, Mo, WITAGE, . HILL SEMINARY 1OR Latitos, Poughikeepriv, Duaishan County, . tho-Hudson. ¢ idy comprotionsive. At eLon thoroughi i C. WETsELL, Dring'l And Proprs CoLL [T Gog, Hasaall 3 i21y-tiat gar Frapatatory to Gallege, tho Scicutifio ‘Behiools, or Jitiness. with syaroimatic and_thorourt puysical tratiing by walitaty dreilling, gruastios, rowing, etc, Ustalogucs a8 on application. VAT ESD INSTITUTE, NI, W T2 OADY, W ekl N Taren, Gotin, Bomd Tor Clecular, 57,50 IER QUARTEIL o extras, 3iedia « Academy for Hoys. 12 mifles (rom Philudets phis, 16 lusiructors, A 300, Modin, Pa . U, SHORTLIDGE (Harvard FRIRBARIKS' . STANDAKD SCALES OF ALL KINDS, FAIRDANKO,MORSE & 00, 111 &118 Lake St,, Chicago, Bezareful tobuy only the Genuine, ~ FRACTIONAL QU $5.00 Packages oF FRACTIONAL CURRENCY IN EXUMANGE FOR Bills of National Currency, AT TRIBUNE OTTICE with Buck- | RAILROAD TIME tflm ARRIVAL AND DEPARTGRE 0F TRATHS FXPLANATION OF RE 1CP STARKR, —7 St rday ev. nd. unday axcny 4 & Milwangee lllll.u“ ¥ Milmaakew tGenora Lake Y tionocs L :xa I a Ganova [aka Fxre a—Depot earnny of Wellra #-Depot cornar of Canal o tchtcan cENTRAL RAILADAD. ety Yo st s nd Kin; d K and Buaday Kz, & ST. LOuIS, 132 Landuiphedt,, and eo) "Jflei'. CHICAGY, ALY and Chicain, s vre v Union Degat, Oifhces; Kany B Lou S Toug, City snd Donvor Fant E; o0 Sorinetisld_ i Suringhali & T Peorts, Kenkuk & Burliag! Vi, Renkive & Baeline: icago & Pailucal Ratlriad 1y, Wasninutng P Ktrentor, Lacn Joliot & Diwigtié Acs nntiodati: WAUKEE & rner tady €'1eann, o v Mtiwaukoe, Madisin, Trainn i) 60 & Jowa: aiin, M enasas Stavenn Do Miwaukes, Ht. hrough ) lLLW,fllS' EE?’HRAI. RAILRDATY. Depot, foot 7‘:’;1 sl el ruol oy Ticentusemniliaty Tickes i Mgt i A Bonx City aan Lt Cizy Gilimau Passenger, CHICAGO, BURLINGTON & QUINCY RAI Depcte, fuud ar Laieot., Iudian oo, and and ina air, and at dept Tic Malland Exprase,.. Utiawn sad Sureatar Pawengor. Sloas Clty 123, Ottaia & Birsator Brura Passengor (S5 Daluaye s ST ity Ty, PacificNight Kxp, for Omat Kaataa Oy, Lssvonwort, clison & 5i. Josaph Fap. irava Accuruma iruve Accomm Accomma 5p. m. &b . 3Ex. Monday K From et penor "o A L, seemdsar, Ticket'afize, 131 Sandalph ot art ot et Leate, Arrioe, * 100 p. m. 80 p. m. 8:30p. m. 1458, m. CINCINNATI AIR LINE AND KOKOMO LINE. From Dittsbura, Cincinnatd & 8. Loule Ralleay depot, hee Clintun and Careotteate. Sides Ticket aher ot B A e VAR Indianapolis. Lonisrila & Otncto b Eroamrils ' jrerire i . CHICAGD & PACIF] Felaht and fickei-ofice Ko, 43 Clarkst.y nexd ta Sherman Malland Expross {iymn Passcngor Elgln Passongor. 1tasca Passenior, Bunday Passenge PITISBURG, CINGINNATI & ST. LolilS RAILAOAD. ket fice, 12 andatph. ey wnd ok gt S Columbns, Pittabarg & Now York| . ol e Night Expeesa(dally), Td0a m. PITISBURL, FT. WAYNE & CHICAQO RAILWAY. = o2 27 BALTIMORE & GHID RAILROAD Irains lave from rear of Eaposition Juiiding and dewst oot af Tueniy-srcondat, cornar af Waahington, i Clarkeat, AT T:dp. m. 70, m, Mall, 2 CHICAGD, ROCK ISLAND & PACIFIC RAILROAD. Dexol, corner of ¥an liuren and Shermanats, Ticket offce, ruud Puctic lotel. MEDIOCAL CARDS. LOCK 'HOSPITAL, oorn ‘wahington and Franklin- chiartured by the State of I tula fur Lhe 0aprass purpose of the Liguost powible cases ol pri- 1t s well kuowa 8 B Dr. James tiead of the profession for aver 2 e wucesll Importaut, A bouk for the mi M iy, Love, Sunta 10 DAy poat o, Lost Tupotency, P Tho 'ace. ic. - Ladics requirlog Slicats attantion, with homa buard, atc, callof tho most write. Btriotiy contidential, Ofics, 98, m. uatll 7 p. m. §¢ussr Dr. Kean, NO CURE NO PAY!! 300 SOUTI CLARK.5T, OHIOAGO, - 0 by wadl, s S Bt inagea. D, . AN 1 (28 siclan in the city who warrauls cures or nd pay, o 81, i dundays from 8 to 1, « D MADISUN-HT., OI0AQO. TLL., treata ail ¢ S3ua . aind private diveases. iEal woaknoss and biipt-icy paDanontly cured, Medi. cinea sang tioryahom, Causultation (roe, poredually of I, STOML uarantend ur monoy . 11 let- Vel % ok lor bt o .;‘““g‘""fi’ 04 eleer scalel fur two stamps r. Stone is the ATt o 1o e ety who ta & £raduats in modicine. A BOOK FOR THE MILLION. B, ALireis Guunaelor o the Sarried MARRIAGE inie ol e, oty 1 (inlog1oal mystaries it fo o GUIDE. [the‘etua ssaiom, wils the lateat dlscavorley in th seience of ropruduction, ztfllllrl‘ln b Soneptetlny e il i e roating wirk of 8 gt St anar o emgdvis, aad iatalos vatdabla ator e s 3 A, 11 v n book that, DughE Lo, bs-aadst lock 1ad T oarulonsly wbout tho huuso, - Sent 1o 3 for Vilty Uents. Address DIt, BUTT: LV, 13" Rurth iianthoste Bi: Louls, bar OLD PAPERS. OLD PAPERS At T5 cents per 100, ey iy it In the Counting-Room of this Office. (