Chicago Daily Tribune Newspaper, August 15, 1875, Page 8

REAL ESTATE. Cessation in the Erection of New Bouses and Stores Permits Issued During the Week for Ten Buildings a Day. Consequent Renewal of Activi- ty in the Loan Market. A Good Inquiry for Business and Resi- dence Property. List of the Principal Sales of the Week. THE WEEK IN REAL ESTATE. BUILDING STILL TOE MAIN FEATCRE. The real estate market isnever expected to show much animation in the middle of August. Its prospects are folt, however,on all hands to be encouraging, and the extensive mvestment of capital in building imparis a cheerful tone to evory branch of resl estate. The building per- mits for the week were beavy, though not 80 nu- merous as those of the week before. They nam- Dored thirty-three, and covered the erection of . gixty-foar buildings, most of them dwellings. Some fine new stores are to be added to tho bus- -jness quarter, sod will be found described w. b"’}s;ze investment of capital in stores basa dif- ferent significance from that in dwellings. As we pointed out last wesk, there is a demand {qr ‘houses with modern sccommodations, and capi- talists are taking sdvaatago of the favorable prices of matenal and labor to euppls this want. The result will be tho immigration, nexf spring, " of & large population into the new houses, The old ones will many of them be left empty, and, in time, will make way for betier stracturcs. Tho store-building bears witness to the steady development of the business of the citv. No other copstruction can be put upon it. The business buildings now stand- jng in this city are, take them on the aver- age, superior jo an equal number in aoy city in he eountry except Boston. This naturally re- mults from their having been built so recently. That 6o many domestic capitalists haye embarked their means this summer in the eroction of many new office and store buildings shows that there is s demand for them. It is a familiar observation that the growth of the large citios of tlus country has ontstripped the sanguine anticipations of their citizens. Chi- cago 18 & copspicuous example of this, It is hardly a year since we were looking with & little perplesity at the blocks of new buiidings, many of them vacant. To-dsy they are much more fully tenanted than those of New York and Bos- ton, and scores of additidnal stroctures are going up, many of them rented in advance from the plans. No other city in the country, we believe, presents a eimilar spectacle of prosperity, except San Francisco, which has had no panic and no fire. . NEW STORES. Several new business buildings have been put under way daring the past week. The only un- filled Tot on the northern side of Madison street, botween Wabash avenuo and the river, is to be occupied by four stores 75 _feet deep, which are now being built by M. E. Walsh. Mesars. Wheelock & Thomas are the architects. The stores will be four stories in height ; the buse- ment will be open only from the rear, and will beused forstorage. A feature of the fronts will be that on the first floor there will be a con- tinnous plate-glass fiont, broken only by the doors. The colamus sopporting the building wiil rox up behind this frovt. The upper floors will be divided into offices for rent. The front will bo of sandstone. < The same architects who designed the above ‘buildiog bave prepared plaus for two business Dblocke at the northwest corner of Adyms and Clack streets. These will have & frontage of 160 feel on Clark etrest, and will be 82 feet deep. They will bo four and five stories high, with facades of sandstone. RESIDENCES. The Real-Estate and Buildis the following resume of the orection: During two weeks Isst thers have been com- menced one or more bl several houses cach, each day, besides over seventy single buudings, none of which will cost less than from $,500 0 $80,000 cach. A great majority of them sre, of course, residences, and the maximurm cost of the best of them will not be more than £20,000, ‘Among the residence blocks are the following com- menced since the first of the month. The biock of Aweaty-five four-siory marble frouts on Union Park mentioned last weok. A block of twenty bouses, brick fronts, two etories and basement, oo Soplia strect; & Miock '5 feet fromt, contuining three houes, rwith -brick fronts, on Indiana avenue, near “Twenty-sixth street; ten two-story and basement dwellings, with s frontage of 225 feot on Burling ‘etreet, running from No. 314 to 354 ; a block of three eimilar houscs on Hubbard court, east of svenue; a row of nine two-story and_basement brick Liouses, 180 feet frontage, on Wabash avenue st the corner of Thirty-third strect : Bix two-story and base- Juent homsce, with 120 Teet full {rontage, om fho eoutheast cormer of Lestitt and Oakley streeta ; four of about the ame size and description <am the corner opposite ; four two-slory_brick houses mtage onJobana street, row of three story and twelve Journal gives wellings now in ‘Dear Thirty-ninth ‘stroet “rick houres with a total frontage of 200 fee! Dilock of seven fine brick houses on West Lake streot, mear Morgan, ersctod by Burling & Davis for B. W. Hyman, Jr.; a double residence, two-atory brick, san Belden avente, east of Clark street, and & very ‘handsome double residence, marhle-fronted and thres “storles sbove the basement, zouth of Sixiocnth strect ©on Indiana svenue. CTOER ENTERPRISES. * Mr-William Phenix has receutly purchased, tbrough W. D. Kerfoot & Co., fonrtecn bulding Jots on Fulton street, vear Walnat, on which he proposes building early i’ the f2ll s block of two-story brick tenements with limestone tnm- mumgs. Mr. Phepix is now erecting for Mr. tucller a fine building at tho corner of Sedg- .wick street and North avenue. It is to be com- pleted by the firut day of October next. It is a ‘three-story and baser -nt structure, with s front- ageof 64 feet on bedi““ street and 128 on North avenue, is of brick. with limestons trimminge. The walls are 2 feet thick from; basement o attic, and the roof is by timber trusses 18xl4 supported The basement and first floor are for stores, the second etory is to bo used for “sleeping rooms. The top fioor, which has a ceiling of 30 feet, and scating capacity for 2,500 persoos, with wide gallery extending round three gides of the build- ing, is to be a public ball-room. Particular atten- tion has been given in providing ample means of exit in case of fire. Mr. Phenix is building s dwelling at the cor- mer of Congress street aud Ashland avenus, for 2Mr. Holmes, of the firm of Holmes & Pyots. 1t isto be s two-etory and basement octagon lime- stone front. to cost $15,000. Mr. Thomas Doffy furnishes the cut-stone. Mr. Arends has drawn plans for a hall to be built on Bedgwick streetand North aveuue. Mr. W. L. Carroll has plans ia his office for a (Congregational church for Grinnel, Is., 100 ‘foet equare, with seating capacity on mamn floor ./ for 1,000 people. The srclitectural work is of modern stvle. Estimated coet, $75,000. D. N. Babcock is to build six ewell-front houses on the corner of Monros street and Cen- :.n’} avcnne’:] lfxmt. Est.meldl. ‘wo swell-fronts for the estate of the Hom. A. B. Williams are to be built on Calamet averue and Thirty-ifta street. The estimated coet is 5,000, BUILDING PERMITS. Superintendent Bailey issued the following building permits during the week ending Aug. Evert Maat, twn-gtory, 22x50, at 939 Fulton street, . 3. W, Filer, ane-story, at 228 Twenty-eighth stroct, Fraok \val, ane-story, 2vx40, at 619 Centre ave. Bue. . Henry Ssndmeyer, thres-story, 25357, at 126 Third ‘aveave. ames Allen, nine buildings, threo-stors, 21z51, on Ao morthwest corner of Adams street and Ashland avenue, 3rs, 22333, at 549 Warren avenue. ; H.Torter, ‘Washingion etreet. ‘barz, at 569 twostors, 1822, at 75 Hongre d:;ft. 7. L. James, two buildings, four-story, 17356, on Iodisna svenue, butween Sixtecnth and Eighteenth ‘John Baxter, one-story, 16x18, st 608 Stats street. Michsel Mooney, one-story, 22350, at 102 Cottage @rove aven .v..u.m':nm.mm,mum Lincoln ST s A. McCormick, seventern bulldings, ihires- shoxy, 2036, on avenue, 3. L. Taesckke, two-story, 40343, on southeast corner Cz8s and Ohio etreets. Louis Schultzs, onc-story, 20233, an the corner of ‘Huron and Cur:is streets, P, Rotnbath, siz-story, 725160, on Wabash avenue, between Madison and Washington streets. Martin Walsh, two-story, 22x50, Mary Wersner, three-sts ‘W. J. Davis, three-story, on Herve street. E. Albert, two-stors, %‘lxm, on the morthwest corner of Webster avenue and Ward J. B, Sullivan, three-storr, 37312, on Clark strect, John Benish, two-story, 2ix24, at 44 Bunker street. C. P. Kceney, eight buildings, three-story, 21x34, on the noriheast corner of Taylor and Psulina strect o W.H. Haske, two-story, 19536, at 488 Butterfield tre 5 I:fl‘-'. Badger, one-story, 24355, 8t 287 South Paulina strect. ct, F. Harland, threestory brick, 20x40, on Division, N St treet. e Toame 5,‘7" ceéiory. 20340, in the same locality. Peter Fisls, two-stors, 22x70, at 216 Peoris streot. Fiein Davis, obstruction of rosd, at 74 South Sau- itrect. B endiebach, two buildings, two-story, 24175, at d £8 Pacific avenue. B Day, two-story, 255135, o Calumet aveaue, ‘near Thirty-Afth street. — THE LOAN MARKET. . THE LOAN AGENTS ACTIVE. Business the past week has been unugually good, many negotiations having been h_rongM to a bappy consummation. Two agencies alone have placed nearly $250,000. The figures l.n our weekly statement show & larger proportion of actual loaus than has ‘been zpparent for some time. These are mostly for building purposes, and are such as not only give employment to idle funds, but also promise plenty of Work to jdle hands. Applicants of this class are still pumerous, and the greater number receive favorable consideration. Mnch enconragement bas been imparted to agents, the indi- cations of increased demand beiog ap- parent emough, as those gentlemmen may generally be found steeped in business. All signs point to s promising outlook the com- ing fall. The rateof interest is unchanged, per cent being tho usual figire; ranging from 8 for choice names and property, to 10 for less de- sirablo securities. The low rate of interast, the low price of labor and material, are all in favor of those who contemplate improvements, and many such parties will take advantage of the present favorable state of tho market. 1n the statement below is included a mortgage given by ihe Pennsylvania Company in August, 1873, to secare a loan of $12,000, first mortzage, Sales, 8 ; consideration. £54, Sonth of cily lmfi—sfleu,l onsideration, 861,750, ‘West of citv limits.—Sales, 2 ; cousideration, 833,200, Total sales, 109, Total consideration, $776,108. BAN FRANCISCO. The Ban Francisco Real Estate fecord gives some figures to show how land has advanoed 10 value in San Francisco : The Commissioners of the Funded Debt, on 28th Febeoasy, 1855, sold the following city property st auction, through Theo, Payne & Co.: a[t}'-vlrl & side Washingion, bet. Hyde and Larkin, $575; now wordh $12,500. Fifty-vara, n. W. cor. \Vu!llngwn and Iiyde, $664 ; now worth about $:0,000, Fifty-vars, s. e.’cor. Eddy and Leavenworth, 530 ; now warth . Fifly-vara, 5. W, cor. Jonea an A ey orth 31 ‘Fifty-vara, , w. CoF. Tyler 700 ; now worth $45.000, HE ‘um-_nw?rmi S0 smow m)mn $45,000." Ope- hundred-vara lot (215 feet square), n. bet, Third and Fourth, $2,600; now worth $85,000 $160,000. Onc-hundred-vars lot, e, w. cor. Tifth sn: Folsom, $1,000; now worth about $130,000. One- e. cor. Fourth snd ~Bryaut, £,2505 about $175,000. ‘Lots 25%80, on Mission street, near Eighth, brought $:10 each; they are now worth about $150 to $160 per foot. These ndvances seem_enormous now, yet we do not hesitate to say that, injtwenty years hence, the prices of to-day, for vb‘( 'we now consider outside property, will seem just as low. Tho I.'ufmz sayn that there & mo mew doed from James Lick yet. The daily papera cougratulated tlie public that the new deed which James Lick had pre- pared was equal to the first one in the Tiberality of ita rovisions, and that it surpassed tie first iy the good adgment displayed in it. It was to go on record fm- mediatoly, but, despite Mr. Lick's tmproved state of helth, it has ot yet been recorded, though over thgge montha bave elapsed sinoe it was propared. It soewms rather Likely thut Mr. Lick haa again changed his mind, THE STONE-CUTTERS ON CONVICT LABOR. Tothe Editor of The Chicago Tribune: Curcaco, Aug. 14.—As every good citizen must navemuch faith and confidence in the interest the press is ever ready to offer forand in aid of tbe public welfare, we, 88 an association com- posed of honorable and law-abiding citizens, have seen besi to offer the following card and resolutions to the public, 88 expressive of their sontiments, against the iofluence and power brought to boar agaiost our best interests, and wa wonld ask the influence of the pross to assist us in our strenuous efforts to maintain on rights and legitimate influence. ‘We desire to draw the attention of the public through the columns of your paper to some facts in conneo- tion with the building tradcs, but more especial- Iy tho cut-stone business as it at presoat exists and is carried on in and around Chicago. For 7 per cent gold bonds, redeemable Aug, 1, 1903. (COMPARATIVE STATEMENT FOR THE WEEK ENDING Instrumente. | i Ne.| tiom. “Trust-deods. 307'§ T17,466; Morigages.. 301 1,096587, Aggrégats ......| 339| $12,616,083, "COMPARATIVE STATEMENT FEOM AUG. 1 TO AUG. 14, ¥ 1875, 1874, Instrumente. Considera-| | Considera- o.|ton. | No.j tom. i 535 5 1000 1,920,576 T .03, 4T,eon03s| 12| 467 Aggregate......| 617 160,81 034 $2,3133% Belesses......counas] 621 505].00cvenee R — SALES OF THE WEEK. A PAIR DUSINESS. The transfers of the week indicale s fair vol- nme of business, considering the season. Tho dealars report an active inquiry for available property, though not at ante-panio prices ; and the rapidly mproving sspect of tho crops and the fall trade impart a feeling of growing cheer- fulness to the situatioon. L. A. Gilbert has sold for Jobn H. Roberts to an Eastern party Block 47, or forty-oight lots in Clifton Addition, Washington Heighis, for 316,~ 700. B. F. Clark has sold threo lots in Prospect Subdivision, Washington Heizhts, for £600; one lot in Hendricks’ Subdivision, Washington Heights, for $225. John B. Drake has bocght of Nelson Thomas- son three lots on South Park, in Weage's Sub- divisions between Fifty-seventh and Fifty-eighth streets, for $16,600. ® Eltiott & Ulm have sold four three-story and ‘basement marble-fronts, Nos. 24, 26, 28, and 30, on Aberdeen street, to Dr.J. W. Gusture, for $60,000; and to same party, tenilots, 50x167, on Lincoln avenue, at South Evanston, at a consid- eration of $12,500. Snyder & Lee have sold 501136 feet on Mon- roe strect, beiween Hoynoe & Leavitt, for $100 per fooks Ira Brown has sold s cottsge with 2lots in Evanston to J. F. 8. Smith for 1,500 ; 1 cottage with 3 lots in Desplaines to A. G. Husband for £1,000; 2 lots in Glencoe and 5 lois in Park “Ridge for £700. Bash & Potter have sold 5 acres in Sec. 28, 88, 18, for $1,500 an acre. Dr. 8. Place has sold 806 feet on Greenleaf street, in South Evanston, for $9,180; and 241 iee;l%n Simpeon street, in South Evanston, for $5,825. Caroline Wescott & Co. sold for Edwin A. Rice & Co. to Mr. Richberg, Prasident of the Board of Edncation, a houso on Idaho street, between Polk and Taylor strects, for £4,600; 5 houses en Lexington street, south front, just west of West- ern avenue, at £3,500 each, 817,500, Geo. H. Rozet eold 100 feet on Drexel boule- vard, near Fifteenth street, ecet front, to Chann- cey C. Blair, for §12,500, all casb. Tins adjoins the 99 feet purchased by rame party of Mr. Rozet on the corner of Fiftisth street and the boulevard. Charles Gardper eold house and ot on Wabash avenue, north of Thirty-fifth street, for 38,500 ; 150 feet at Ravenswood, for §4,500; lot on Seventy-second streer, Englewood, for $300; 1ot on Summer street, near railway crossiog. for $800; premices No. 440 Archer avenue, corner of Lime street, for £6,060; Block 6 and south half Block 11 in Norcott's Addition to Indiana City, near .the mouth of the Grand Calumet, 72 Iots 25x125 feet each, for £8,500. = 3 T. B. Hunt gold Block 4, Western Springs, in Caldwell's subdivsion, to C. C. Thayer & Co. for £8,000. 7. C. Caldwell & Co. have sold four acres iu Caldwell’s Subdivision of Western Springs to C. .C. Thaer & Co., 28.000. Tho west b3 of Block 7. in Moses Tobin's Subdivision at Western Springs, $3,700 ; and the eact at $4,000 to E. T Brainard ; and Block 18 to . W. Phllips for $3,000; snd Block 16 to S. J. Egbert for £13,000. Charles Gardner has sold during the week the premises No. 440 Archer avenue, southwest cor- ner Limo street, £6.000. 3 “"Also Block 6 and south 3¢ of Block 11, in Mor- cott's Addition to Indiana City, near the month of the Calumet River, seventy-two lots, $3,500, Also house and lot on Wabash avenue, north of Thirtieth street, £8,500. Also eix lota at Hiosdale, 81,600, Also 150 feet at Ravenswood at $30 per foot. Aleo cne lot at Englewood, oo Seventy-second street, $300. Alzo lot on Sumner street, north of ralroad crossing, $800. Fha ol SATURDAY'S TRANSFERS. e following instruments were filed for record Saturday, Aug. 15 : CITY FPROPLRTT, Eagenie st, 50 ft ¢ of Church st.n f, 25 ft to e, with buildings, dated March 27.......$ Grant place, 188 {t, eof Larrabe st, n £, {8xi3i ,650 4.300 750 dated Aug esenennenan sse D{\!‘flnnfl.‘xgflwn ‘Larrabes 8, 1 f, 353110 1t, dated Aug. 14... Twenty-second st, n e S3y £t to Hinman st, dated Aug. 2400 Flournoy et, 483 ft w of Central 352120 1t, dated June 23.... 625 Loomis st, 138 {t s of Adams st, w dated AUE. 12eeeveesensonans 600 Archer av, 350 1t 8 wof Wallsce &€, B w 1, 35 1t to McGregor st, dated Aug. 13... 2,500 South Parkav, 138 ft & of Fullerton av, e f, 502128 ft, dated Jam. 28.......... .. 2,100 Ogden av, 86 ft 8 w of Bandoiph st, n w{, 50x 140 ft, dated June 25. eees . 20,000 den By, 1 € cor of glon st, o w f, 351 9-10 ft to alley, with 315t toalley on. W st, Danfel Webater to Josepn Eastman, dated June 23, 5 Bat, 261 fr w of Sonth Pas with puildings, dated Aug. 13. Y 2,000 ‘Hermitage av, between York and Foik sts, w £, 5x125% 1t, dated Aug. ke -ee 5,400 Hermitage av, 101 3-10 £ n of Polk st, w £, 100 x125% ft, dated Aug, 7... seees 30,00 Fake ef, 214 ftn of Lyman s, e f, 96x115 ft, dated Aug. 11 . b e I V) WORTH OF CITT LIMITS, WITHIN A RADIUS OF 7 MILES OF COURT-HOUSE.. North 20 £t Lot 1 Biock 20f w 3 Block 18, & 29,40, 14, with buildings, dated Aug. 6,500 MILES WITHIN Bulticst, of, 24x1%5 11, i Goodepeed' & n 3 focl, b L dated'Aug. 13 e Lot 46, Biock 3, Dexter Park Subdivision in s © X Soc 8, 35, 14, dated JuDe 19....ccveenee 500 SUMDIART OF TRANSFERS YOR THE WEEE. The following is the total amount of city and muburban travefers within s radius of 7 miles of 3’& kCoxgjlrflg:x‘sc. fil«wlA for record during the k ending Saturdsy, Aug. 14: City sales, 83 cousideration, $626,056. Horth of ity talse— six yoars prior to 1872 stone-cutting was consid- ered the leading branch of the building indus- tries of the city, when mechavics received fair wages, and contractors good returns on their in~ vestmenta. Daring the excitement of 1872, Low- ever, thousands of workmei of various classes and conditions came to Chicago, many from curiosity to see the great- est rming of modern times, bnt the mejority were induced to leave comfortable homes and probably situations, both in this and other countries, throngh promises held ont, both by the press and private individuals, of steady employment for years, and wages far in advance of anything they ever received before. ‘The conseguence was, that the labor market waaat that time flooded to such au extent that it hns pever fally recovered its equilibrium, and to-day stone-catters aro working for little better than sn unskilled laborer's wages, and cannot receive the misersble pittance when it is due. It is a npotorious fact that a great pumber of the cut-stone contractors of the city are at the present time far behind with their pay-rolls, and it has become a common ex- pression with the meén on the streot, ** Have yon been paid yet?"” and the answer as a ruleis “No.” The stone-cutters are aware that the unsettled condition of the money market for the past two years may have much to do with this state of affairs, but they consider tne con- tractors themselves responsible in a great meas- ure for many of the existing evils, for the fol- lowing reasons : Furst—The season after the fire many of them invested in real eetate, taking pars money and part real estste for their work. This was right and proper while they took no more thanthey conld carry without impoverishing their business or encroaching upon their pay- rolls. Unfortunately, such was not the case, for to-day we find many of them without any ready money of their own wherewith to sottle their iabor accouut in the event of their being unable to draw semi-monthly upon their work, but with ample resl estato upon their hands, at least upon their wives’ hands. 1 ‘Second—The unhealthy competition that hss existed and still exists among the contractors has caused a recklessucss in dealing with speou- Iators in buildings, which, to say the leaat, is surprisiug. They take work with the under- standing, of course, that payments will be made 8ss the work progresses, but there is no assursnce that payment will be made atthetimo epecified. and if from any cause, either on tho part of the contractor or proprietor, it should be deferred, the embarrassment, as a rule, {alls upon the workingmen, for, in conse- quence of a protective union among the quarry- mer, they are supposed to settle their stors ac- counts at least once a montl, whether the stone- cutters are paid or not. In sddition to the evils enumerated, the jour- neymen stone-cutters of Chicago have another and more dangerous antagonisé to encounter in the shape of Convict labor. For a number of ears paet the Pepitentiary Commissioners have ad all they could do in furnishing cat-stone for tho State-House at Springfiield ; but that being complated they are now directing their awtention to the Chicago market, and it appears they have met with more than ordinary euccess, for in the past month alone they have veceived contraots for cut-stone to the amount of at least $45,000, w0 of these contracts having come from parties who, above all others, ought to show a good ex- ample in upholding the dignity of free labor, and protecting the rights of every law-abiding citi- zen. One of the parties refcrred to is the Hon- orable, the Board of County Commissioners,who aro at present having the cat-stone work for the new County Hospital, between §14,000 and 315,~ 000, exceuted by convibta. The other is the Hon. C. B. Farweli, who is erecting a block on the corner of Monroe and Franklin streets, the cut-stone of which (about $30,000), with the ex- ception of the basement pier-blocke, is being mannfactured in the Penitentiary at Johet, while the men who in part elect all these par- ties to their high offices in the State aud nation are working for starvation pnices in Chicago. ‘The public have boen generally led to believe that stonecutters were an overpaid class when they received 34 por day, but let us figure from the preseut raie of wages and see. Stone-cutters on an average are employed no more than seven mouths in the year. and the average rats of wages ig $2.25 per day—ranging from $1.50 to £2.50 per day ; one man perhaps in tweaty-five receiving $2.75 per day. We will take tweniy- six working days for cach month, providing yon lose no timo in waiting for stone or from sick- ness, and we find that our earnings for the scason are $409.50. Deduct from this sum 810 for wear of tools, and we bave $389.50, which dplleea oux wages the year round at §1.23 per day. Thia allows for no holidays, of which there are at lesst three, on which the convicts themselves are permitted to rest from their labors. Thus, after spending from four to five years of our early manhood in acquiring & trade which has in all ages adorned the nations, we are supposed to maintain a cer- ¢ "1 degreo of respectability on thia miserable pittance that is Fmd to the meaneat and moes il- literate laborerin the land, and compelled to cast our labor in the balance with vagabonds and ontcasts from society and the haunts of hon- SLaview of all th view of all the above facts, the stone-cut- ters of Chicago think the time has arrived when they ought to explain their position to the pub- lic, and at a wmeeting held at their hall Aug. 9 the following resolutions were presented and nnv?mmunsly adopted, and ordered publisbed: HER) It has come to the knowl {03t greatamount of Su-105 Berk, S5 publt o 5::;;'& :‘1;?’" :ndinx :!‘1‘ wh:y into the State Peniten- g reing the hong w%mudnn \;‘:h gouvict lnbor?bln?m ivdiet wEREAS, The County Commission 1 portion of the Counly Hoopital, the. outssent) of ;Exr;l;i:;duudybfingmledm!hc State Peniten- WaEREr, Ome of gur most Fromine: 1 Fepreschativos of tho peonts the. How: O B Farneh ‘being about to erect a block of bulldings on the corne? of Monroe and Franlin streets, has, in an- tgonism to tho interests of his constituents, and especially the stonecutters of Chicago (Curough his contractor, Mr. Eawin Walker), allowed the cul-stono of seid building 10 pass from the ordina- Ty channels of free labar to be executed in the Peni- teatiary at Joliet: herefore, bo it Hedolred, That the stone-cutters of Chicago, in jus- tice to onrselves and in the inte; erally, enter our mokt solemn Pmfilflu"lmn‘m troduction of convict labur in competition with the honest mechanic and law-aliding eitizen, Hesolved, That we denounce the action of the Coun- ty Commxumnun in giving contracts of cut-stone wark outside of regular cut-stone contractors, more especially to iresponsible partes, who tave ghe same direct to the Penitentiary. We turther denounce the sction of Mr, Eawin Walber i‘n transferring cut-stone work from Clicago to the State Prison Commiseioners 23 2n outrago upon the Srmtesne el 2 the el Beecaial 10 the Jone- ity thertore e i urther o o tbe ved, That we will not support wi any candidate for public office who wm"‘.,‘:'é'nm directly or indirectly. the inlroduction of convict Iabor in our midst. WILLIAX Chatrman of Omwmnm THE CHICAGO TRIBUNE SUNDAY, AUGUST 15, 1875 STATE OF TRADE. Beginning of an Increased Flow of Currency to the Country. Only a Light Offering of Good Negotiable Paper. Produce Markets Generally Ensier---Grain Weak. The Lake Frelghts at the Lowest Folnt Touched in Sixteen Years, FINANCIAL, Mare carrency was called for from the conntry. The fair weather that has enabled tho farmersto get in their crops will be succeeded by om increasod movo- ment of produce to this city and 'the sesboard. The Ioan market continued to exhibit the same features of duliness that have marked it for many weeks, The amount of commercial paper offering i fair, and aa it is made by good houses, and is generally for the shart time that will elapas before collections wil improve, it is readily taken. Thereisbut s light number of ap- plications for loans from other sources, and the loan market displays o good deal of esse. Most of the banks have a surplus, and look in van for desizable borrowers to whom to lend it. Rates of discount at tno bank ste 8@I0 per cent; concessions arc made o independent borrowers of several per cent, On tho street, business is quiet. Rates are 6@18 per cent. Now York exchange was firm &t par between banks for $1.000. The clearings Saturday were $3,600,0003 for ¢he week they were $3,771,255.63, and for the correspond- 1ng week of last year they were $19,057,939.64. DISTRICT OF COLUMBIA BONDS. The savings banks of New York have been forbid- den by Mr, Eilis, the State Superintendent of Bank- ing, New York. under ndvice of the Assistant Attorney General, to invest in the 3.65 per cent bonds of the District of Columbia. Where such investmeat, if an y has already been made, the bonds will have to be with- drawn snd replaced with other securitles suthorized by the General Savings Bank nct, as they are held to ba'meither o State nor United States obligation. THF, CUBRENCY. The volnme of the currrency has been exaggerated and understated by partisans of both sides of the cur- rency question, Gen. Ewing leads the inflationists in placing the contraction of the currency in ten years at $1,155,000,000—s reduction from $1,995,000,000 10 $749,~ 000,000. Gen. Ewing commits the not-trifling error of lassifying the payment of $1,100,000 of temporary Government obligations ss a contraction, which is obviously preposterous, An antsgonistic estimate of the volume of carrency figures out an incresse of the currency. It is done in this way by n New York paper: m;u}mdxmz Natlonal Bank notes October, 835. ... er ossessseeacssassnsse §185,000,000 Tnitod State: notes and fractional currency 454,218,038 Total, October, 1865..... $039,218,038 ‘Nationa! Benk notes outstan Lo IETE 235 i 351,669,008 United Statesnotes and oy 35,7 Total, July 1, 1875, Increase aince Octaber, ‘There are several errors in tary MecCulloch’s report for 1863 states the amount of National Bank notes ssued to be $205,000,000; $65,- 000,000 of Btate bank notes were then extant; $30.- 400,000 of Treasury and compound interest notes were then in circplation 88 currency, according to Secretary McCulloch. This makes the total of currency at that aato §754,200,000. The total circulation July 1, 1875, was as follows : Legal-tender notes. 5,841,687 Fractional currency......... 42,129,424 Notes of existing banks outatanding. 818,148,406 Notos of failed and liquidating banks siil cironlating, estimated..e.cereseses sevee 6,000,000 Total circulation July 1, 1675.....ce00. T4110,517 This shows a contraction from 1865 to 1875 of about $12,000,000 in the amount of currency, statistically, in circulation. Actunlly the currency is much less, as large amounts of it are Iocked up in default of profit- able employment for it. MABEET VALUE OF MANGFACTURING STOCKS. “The suspension of operations at many of the mills maturally has a depressing influence on the market valuo of certain securities. The low prices, however, wre attracting buyers for some of the stocks known to ‘be unduly ** haminered,” and for this class thero is a Detter demand than for some time previous, orders coming in for round lots of 100 shares in gome in- stances. Cocheco, & stock rarely on the market, 18 selling 3t §75, ogainst 915 May 5, with 5 $50 dividend in the meantime. Hill has declined o por, first sale since May 26 at 110, Jackson farther receded to 1605. Merrimack 1410, Middlesex 135, Nashua 575, and Paafic 1970, ofter solling at 1985, Franklin bas ad- Taneed from 90 to 93, Lymsn 09%, June 9, to T4 ex dividend $3 per sharo, and York 1330 to 12623¢, Bart~ lett at 25, Continental 343, and Lowell 675, are un- changed. Bettor Lids are reported for Hamilton, Law-. rence, Naumkesg, aod Wazhington, bt there are no aloain elther. A smiiar depreciation has been going on in England, whers, in conseauence of the unsettled condition of the manufacturing interests and the bad state of trade, the shares of some of the limited com- panies are expericncing & mevers depreciation. In some cases they are at from 303 to 408 discount, snd the balance ahects of Beveral companies for the pres- ent quarter show losses on the quarter's business of from £300 to £1,000. For example, shares of the Sun Miil Company, which at one time were at about 120 per cent premium, are now selling at a discount. Of the limited companies, twenty-four are in the Masters' Association,—that is, more than one-half. GOVERNMENT BONDS. Asked, United States s of '8l.. 1213 United Btates 5-20s of 16 gfiedls’uu 5-208 ni“;:'i i 19 of *5—January| 1200 119, 5-208 of "67—January and July. 120§ 5-208 of '68—January and July. 121k 10AUB e eeernnannncanees 11875 United States new 68 of ’al. 5% United States carrency 0s. Gold was 1123@113%. FOREIGN EXCHANGE. Sterling exchange was 437X@{00; cablo transfers, London, 4303 ; Paris, 610%. Other rates of foreign 5155 @5123 "o 9 @ 9% e 5153,@512 5«7;;@541 165 @512% 2N 433 Bid. &int, 104 & int, &iot. 104 & int. &int. 104 X int, Anked. Ghicago City 7 @ ct. bonds. ... 103 Chicago City 7 @ ct. seweraga, 103 Chicago City 7 ct. waterloan 103 Cook County 7 @ ct. bonds, short dato. 10 &iot, & int. & int. & int, 104 &int, 105 cerees 05 Merchants’ National, First Natioanl Bank, Corn Exchange National Bank. City National Bank.. Home National Baaok... ~National Bank of Illinois..... Illinois Trust and Ssyings Ba: Merchants’ Saviugs, Loan and Union National Bank. .. Hide and Leather Baok... MISCE] City Railway, Sonths Eide City Raliway, Weat Side. City Railway, North Side.... Traders' Instrance Company. Chamber of Commercs. ... Chicago Gas Light and Goke Company. Chicago Chicago & Northwestern gold bonds, Pullman Palace Car Compeny. Exposition 8t0CK..eansnsen. New Yonx, Aug.14—Gold opened at 1133 and closed at L133,—the two extremcs. Early in the day borrowers paid as high 83 1-3233-54 for the use of cash gold, but, subsequently, sales dropped to 1@2 per cent per annum, and at the close loans were made flat, and ¢ 2 per cent for carrying. Imports of specie far the week were 98,900, of which $69,900 were gold. Gavernment bonds closed firm. Railrosd bonds were quiet and firm fn the late after- noon dealings. State bonds quiet and nominal. The stock market, which ahowed & alight decline at the ovening of business, became strong and higher during the day, and at the cloee, with the market dull in many cases, the highest quotations of the week wers made. The advance for the day was X@1% per cent. Western Union sdvanced from 83 to 83%, and Atiantic & Pucific Telograph from 20X to 21, on re- ports that both Cemal wonld sdvanc rates ~SIXTEEN PAGES. z‘ljoud steady at 3873@38}¢, and Lake Shoreat 60%@ 5. Transactions on_the Exchange a ted 74, sbares, of which 110 were Erie, 7,100 Lake Shore, 4,600 Northwestern Oommon, 10,500 Rock Island, 11,600 Facifio Mail, 5,250 St. Paul Common, 3,935 preferred, and 23,730 Western Union, “The weekly bank st-tement Is s follows: Loans, increass, $3.107,600 ; specle, decrease, $2,892,300; leqal tenders, decreate, $2,576,100; deposits, decresse, $2,- 429,000} circuletion, docrease, §109.200; reserve, de- crease, $4,910,00. Money ‘market ey at 13@?; prime mercantile paper, 4@6. Customs recelpts, $256,000. The Assistant Treasurer disbursed $64,000 ; clearings, $32,100,000. GOVERNMENT BONDS, Coupons, 81, Coupons, %4, Currency 66 BTATE BonDa, ‘Tonnessee, old....... 52 _ | Virginis, new. Tennesses, New...... 53 * mmv.r.f... Virginis, old.. 38y sTO0RS. Western Union Tel.. 83 | Now Jersey Central... 523 Pacific Mail, 383¢ | Rock Ialand.. New York Erje. 1343 | Chicago & Altor 03 125 | Chicago & Alton pfdl108 622 | Ohio & Mississippi .. 19X 2% | Indiana Central. 4% 60X | Chi., Bur, & Quincy. 1173 973¢ | Hannibal & 5t. Joe. 223§ Clev. & Pittaburg. 89% | Del., Lack & Wil 131 Northwestern.. ..... 42 ' Atlantic & Pac. Tel.. 205 Northwestern pfd... 54 | Central Pac, bonds, 1023 €,C, 0. & L., 514 | Union Pac. bonds....1025 g COMMERCIAL. The following were Lhe receipts snd shipments of the leading articles of produce in this city during the twenty-four hours ending at 7 o'clock on Saturday ‘morning, and for the corresponding date one year ago : SHIPMENTS, 1874, 1,898 '505,000|1,420,000 64,2501 '146,260 5.3 © 2,083 ‘Withdrawn from store on Friday for city con- sumption: 7,367 bu whest, 308 bucorn, 1,200 ba oats, The following grain was inspected, into store on Saturdsy morning: 1 car new No, red winter wheat; 5 cars No, 1 spring, 47 cars No.2do, 58 cars No.3 do, 23 cars rejected do (134 wheat, of which 51 are new) ; 27 cars high-mixed corn, 156 cars No, 2do, 97 cars rejectea do, 10 carano grade do (200 corn); 5 cars white osts, 17 cars No, 2 do, 23 cara rejected do, 3 cars no grade do (48 cars oats, of which 39 are new); 8 ears new rejectod rye; 1 car new nograde barley. Total, 481 cars, or 193,000 bu. Inspectedont: 67,162 bu wheat, 168,085 bu corn, 18,338 bu cats, 395 bu barley. The following were the roceipts and shipments of broadstufls and live stock at this point during the past week and for the corresponding weeks ending as dated : Aup. T, Receipta— 1875, Flour, brls, good ccndition. Hides wers unchanged. Pouliry was lower and very slow at the decline, the offerings being excesastve. PROVISIONS. HOG PRODUCTS—Wero quiet, and easler on the whole, though there was a dash of strength early in potk, due to light receipts of hogs, Which were quoted firm. The demand was light, snd holders were rather free sellers, though they did not bear the market with | offerings, the stocks being mostly fn strong hands, The Duily Commercial Bulietin reports that summer packing has slackened somewhat, but the sggregate slauglter, 50 far, does not vary much from 430,000 Tiogs, or about 100,000 in excesa of the total lust year. Smrearexnts—The Datly Commercial Revort gives the fallowingaa the shipments of provisions from this, Yheat, b orn, ba. Oats, b The following were the exports of flour, wheat, and corn from New York during the past week and the week provions : L Last Previnis Last s week. r. Flour, brls 7 32,000 16,500 ‘Whoat, bu.. 383,585 5,200 Corn, bu... 851,200 And the exports for the week ending Aug, 11 were 2,500 brls of pork, and 6,500 tca of Lard, The practice of employing boys on 'Change to settle, and in somo cases Lo trade, is & subject of mach anx- Jety in certain quarters, It isono of the Iatest inno- vations upon old established usage, and 8o {ar sosms to work well. Still the question, Is i safe?” is often asked, ond seldom answered in the afirmative. The leading produce markets wero irregular on Sat- urday, with o fair agaregate of business doing ina speculative way, but not much for shipment. Tho ‘markets did not depend wpon the weather 50 much as for some time past, the guestion of present supply having o grest deslto do with the demand. Receipts of grain bid fair to increase Lere, and are on the in« crease in England, which tends to make bayers’ hold off. The weather was irregular. It was fine here, but raining at some points in thefWeat, the latter fact tonding to steady the markets which had been weak early in the day. The dulinoss in the shipmant of grain was strongly marked in the fact that corn was taken by sail at 2c o Buffslo, and 5¢ to Oswego, Thesa aro the lowest rates Imown sincs the beginning of the War. In 1859 the average prics to Buffalo was 4.6¢, and the lowest 13c oncorn; buteven then there wus $2.00 per ton on re- turn freights, wherens it 18 difficult to obtain more than 60c now, The pay for full cargoes on the round trip ia thorefore very much less now than then. Avessel nrrived in Buffalo s few days ogo with s cargoof corn from Chicago which was stated to bs 22,035 bu, but weighed out about 800 bu less than that quantity, At2)c thetotal freight was $516; and at 750 per bu the shortage amounted to $600. The vesse] owner is anxiously asking who will pay the insurance, wages, and the other expenses of the trip, There waa undoubtedly a mistaka in the tally, which may yet be rectified. 1t is reported that about 1,000 brls of pork per week has recently boen changed into mests in Baltimore— selling a8 * narrow outs.” There is & difference of fully %o per b in favor of middles, as sgainst mess pork, the cause being the relatively small supply of meats, From this fact many operatora are inclined to look npon pork as good property. Dry-goods were in moderate demand snd were un. changed in values, Prices of groceries were the same 18 on Friday, thongh coffees displayed rather less strength, in consequence of slight decline at the East. Sugars were easy, Rice, -sirnps, molasses, spioce, and teas were steady. The butter market was firmer for good 'to choice gualities, but the poorer grades were working oasier, Cheeso remains stesy. Thers wss a fair business doing in dried fruits at welleustained prices. Fish were fairly active, snd most descriptions were firm, In the coal and wood markets ihere were no changes, Olls are maving more treely than for some time previ- ous, and are firmer, 88 8 rule. Bagging remains firm at 3lc for Stark, snd 286 for American. The leather trade is quiet with prices easy. Thers was s good de- msnd for tobscco at full prices, The cattle trade was dull, Neithern local nor Esstorn buyers had any urgent orders to fill, and sales drogged at weak and irregular prices. A large amount of stock waa left over, and the market closed heavy at $2.00@3.75 for Texans, and 1 $2.50(26.65 for natives. The receipts were about 800. ‘Hoga were in light supply, and under & good packing and shipping demand prices were stronger, chioice ba— con hogs selling at 5c sdvance. All sold and the mar- ket closed firm at $7.40@7.75 for common to good heavy, and at $7.75@7.90 for bacon grades, Received, 4,000, Sbeep were dull at $3.50@5.00 for common to extra, Highwines were firm at $1.19 per gallon, ‘There were 1o changes in Jumber calling for special comment. Attheyards s fair business was done at Tecent prices, Soms grades of joists and scantling aro firm owing to their scarcity and the fact that prices are relatively lotrer than those obtained st tbe docks, The offerings of cargoes wezs emall, henos Littls trad- ing ot the wholesale docks. Tron and steel wers aulet and easy. In wool no change was obearved. About the sverage mumber of orders were received, calling generally for medium qualities, Broom-corn was irm and in fatr retail demand, Beeds were quiet except timothy, which, however, was not so active mor so frm ason the provicus days,as the offerings were larger, and the first new sced was recelved, which facts caused many buyers to hoid off, Green froits wers in excessive supply and lower with {ow e3oepliang, Vegeubles wers dfllhfllluz‘ JROUSh poiaioes Wers doing ewer WhAR LTt a4 city for the week ending Aug. 12, 1575, and sincs Nov- 1,164, together with gomparisons : Tork, | Lard,) Hams, Tl | e i | e P dles, Woek ending Aug. 12, 1$75..1 4,282 913 1, 412, i ot o S Bl R Same time’73-'4] 183, 957|151, 834 165 E.fiw:}fi and 8. P. ‘tlncludos all cut mosta. ex hams. The stock of mess pork in this city is now about 48.- 000 brls, against 64,157 brls a month sgo, and 27,238 hrls a year ago. Mes3 PoRg—Was in fair demand early, and ad- vanced 23gc per brl, but declined Later to 10c below tne of ed duil. closing prices ay, an Sales wero Teported of 490 brls cash at $20, j0@20.50; 6,500 brls seller September at §20 70220.90; and 2,000 brls seller October at $20.70@20,90. Total, 8,990 bris. The mar- et closed tame at $20.75 cash’; $20.15@20.80 for Sep- tember or October; and seller the year was offered at g:.g, with $18,00 bid. Extra Jprime was quoted at Lanp—Was dull and little better than nominal st 5o below the closing guotations of Friday. Liverpool was reported strong early, but Weak later, and New York was dull. Saies hore were reported of 15 tes cash at$15,30; 1,000 tes scller September at $13.35@ 13.40; and 230 tés celler the year at §12.35. Total, 1,273 tes. The market closed dull at $13.30 cash; $13.35 for September; and $13.45@13.50 for October. Mears—Were quiet, and quoted easier, though in light atock, with an aclive export movement during the past week. Thera were soveral orders here at sbout k¢ under the market. Salea were restricted to 100,000 The shert clears on private terms, and 100’ tcs “swea: pickled ksms (16 1La) at Liic. The ‘market closed at 8%@S2c for shoulders, cask or seller August, snd 8c for do seller September; 12c for long cloars, cash or seller August, and 12ic for do seller September ; 1237q for ahort ribs, cash or seller August, and 13%o for do seler Sep- tember ; 127:@12%go for short cloars, cash or seller Auguat, and 133@12%c for do seller September. Bozed meats 'Xo higher than tho price for looss lots. Long snd short clear, boted, quoted at 12yc: and long cut hams ot 13@ide. Bummer-cured English meata 8%{c for shoulders, loose; 113¢cfor Cur- beriands, bozed: 1l%o for long clears do; and 1330 for short ribs do; sweet-picklod hams, ‘15 De average, 113@12c. Bacon meats quoted st 13@150 for Dbams, 930 for shoulders, lijc for sbort ribs, and 13)cfor short clears—all sacked. Gnrase—Wos quiet t T@9%c. chungea ot Suio for ey $130 for extes mess:” and .50 for meas; $9.: for Imess; ani $24,00@24.50 for hams, Fel TarLow—Quoted at 8@85e for packers’, BREADSTUFFS. FLOUR—Was quiet and generally quoted steady by holders. The demand was small, but the offerings ‘were light t0o, the stocks being reported as pretty bad- Iy broken up, and sellers would not make concessions £0 6uit the decline In wheat. Hence shippers hung ‘back, and local buyers opersted but sparingly. Hales were reported of 500 brls winters, chiefly st ¢J.76; and 1,200 brls spring extras, partly at $6,25@6.50. Total, 1,700 brls, The market clos- ed with the following as the range of prices: Chofce winter extras, $3.75@7.75; common to good do, $0.50@E.75; cholce spring extras, $6.00@6.50 ; fair do, shipping grades, $5.506.00; Minnesots, $6.25@7.5 ; patent springs, $6.75@8.50; spring superfines, $4.00@ 150; 1o flour, $5.49@5.50. Bnax—Was in better demand and 250 per ton high- er, though In fair supply. Sales were C0tona &t $17.00 on track, and $17.25@17.50 free on board cars. Conx-Mzar—We quote st $3.60@3.70 per brt for good, and $26.00@27.00 per ton for coarse. Sales were 10 tona at $27.00. MopLrxas—Sales were 10 tons at $3L50 free on board. ‘SHonTs—Sales wers 10 tona at $19.50 fres on board, WHEAT—Waa less active, and sgain weak, declin- ing 1c, and élosing o lower than at the end of trad- ingon Fridsy. Liverpool was quoted dull, buyers holding off under the anticipation of larger arrivals. New York was dull and weak,and our own receipts were fair, the inspection returns showing that 38 per centis mew wheat. This, with tine weather, caused a very weak feeling here, and the market went down, but was afterwards steadied by reporta of rain in Min- nesota, Thers was a good deal of wheat offered early, Ly parties who bought up in the twenties, and wero afraid to carry it anylonger, and some lots were s0ld by parties who were unable to margin farther, the * calls " belng rather Dumerous. But the shorts took hold pather frecly. and towards noon it wis atspered that Some of Lhe strong men Wero buying, Which, with_reports of murky westher In the Wheat- growing reglons, caused » firmer tona. Tho shipping domand was very light,freight room teing engaged for only one cargo, though Yreights were lower. There was ‘margin of profit on shipments offered by compari- son_of quotationa in Chiczgo and Liverpool; but the conditions were Dot thought favorable to a continu- ance of present priccs on tho other side of the Atian- tic, and shippers bero did Dot care to operate, Wl there were no Europoon orders on hand. ~ Seller Sep- tember opened at $L15, sold to 3113, declined to $1.17%, advaneed to §1.19, and closod at $1.183. Seller tho year 80ld st $116GLI7X. Seller the month, or cash No. 3 spring, sold st $L2ki1.203, closing at §1.20). Cash salea’ were reporied of 52,400 bu No. & spring at $1.20@1.203 ; 14,800 bu No, 5 do at §1.14@ 1,143 5 8,400 bu rejected do at $1.06; 400 bu new Nebras- ¥a, by ssmple, at $L15 on track, 1otal, 71,000 bu. No, 1 was not quotad, Ta WHEAT—Was quict, and 4o lower than the prices which holders asked on’ the previqus day. Salea were 6,000 bu No. 24t §1.36. No. 1 was nominal at $L31. CORN—Was rather slow, and_declined %c, but was comparatively steady st the reduction, buyers taking hold ather sparingly, while sellers did 0ot care to bid the market down farther. Liverpool and New York were both dull and easier, while the recelpts here wers on the increase, though not large, The stock in stora hus decreased more than 200,00 bn during the past week, but there is still fully'2,700,000 bu here, which is 5 large stock on a poor demand from consuming points. The shipping demand on Saturday was light, and it was sometimes diffcult o gell cash lots, The offerings for future delivery on country account wers only moderate, but the advices about the now crop were generally favorable, though many sections report & very backward condition, Seller September opened at 69, rose to G92¢c, declined 0 683c, and advanced to 62c, closing at 6375¢. Seller October eold at 9@ 603, closing st 60ic. Seller tho year eold at e e e ee. il wiaod rocepia dosed 13{@E3c, closing at 67%c. i 8t G310 for high mum,"md 68 for No, 2. Cash sales wers roported of S2.600bu_high mixed at 68K(@68%c; 74,400 bu No. 23t 67X@08Xc; 23,500 bu rejected at 6623 50,000 bu No 2 ¢ 70¢ free on board; 400 bu ears at Tic; and 2,400 bu by sample st 62@67c, Total, 181,600 b n, - GATS—Were faltly sctive and weak, aversging 1@1Xc lower. The receipts were larger than hereto- Tore, and the weather favorable for harvesting, and othor grain was lowar. Hence the weaknass in oats, Which wes intensified by the receipt of numerous sell~ ingarders, and_sdvicea that large recelpta of new might be expefledafl this week. The new oats ulg‘lln in- chiefly trading was chiefly 00d many shorts out for this month, and_some were fibng in Satarday. September opened st 36c, declined to 353¢c, T0se to SGXC, fell back to353(c, improved to 38c, and closed at 35%o. Beller August soldat dlo Qown to 40c, back to 40Xc, and closed st 40xc. Octo- ber soid at 353 @3¢, and keller the year at J6@353xc. Cash oats were In good Jocal demand, and the better grades were steady st G0cfor old, and 403(@ile for Bew No. 2, and 42@45¢ for the best samploa, Rejected ‘was slow and easier at 34@35c, Cash sales were re- ported of 2,400 ba old No. 2 at 50c; 4,800 bu new do at 103@41c; 3,600 bu new rejected st 34@dsc; 18,000 mhyflhnmm:, and 600 bu_ old whito at 36¢, all on 600 bu fancy new at 50c free on board. T o otal, 29,400 bu. Y \¥as quiet and about 1c Tower. Tho offerings of samplo lots were larger, and local distlilers were ‘buying at easler prices. Options were qulet. Saller September fold at 80c, and August was nominal as &3 @édc. No.2 was quoted at 8ic. Sales wers reported of 400 bu rejected at 70c ; 2,000 bu sample st T0@s00 on track. Total, 2,400 bu, BABRLEY—Was rather quiet with little change in prices, Early the market weakened atout 1c, but sub- sequently recovered, and closed at tha latest figures of Friday. _ Seller September sold at $1.07@L08, and saller October at $1.05)@1.06, both cloing at the ont- side. Samples wers in larger supply,and falr to chiofce bright offerings sold readily at $1.10@1.25. Lots which were about_equal to No. 2 brought §1.1331.15. Sales: 4,000 bu by sample at $1.0061.25 on track 1,200 bu do at $1.10 delivered. Total, 5,200 bu, LATEST. In the afternoon meks pork was 5310c higher mnder a fzir inquiry to il orders, xnd small offerings. Sell- er September closed at $20.90, and October at $20.45@ 030, Salen: 1,700 brla at $0.623320.90 seller Bep- ber. . Tard was 10@15c higher, closing at $13.50 for Sep- tember and $1:4.65 for October. 83 $13.45@13,47)¢ for Beptember, and $13. Wheat was fairly active, and, st one tims, stronger, and closed steady st the closing price at’ 1 o'clock, Seller Beptember sdvanced to $113%, and closed s 1.18%. Seller the year was offered at $L17. Corn was quiet and weak, closing J(c lower, at 683 @68%e for Beptember. Seller August sold at 61%@ §tc, and October at 69@G93c. A cargo of 16,000 bt sold at 70c free on Oats were moderately active and weaker. Seller August sold at 40G40Kc, closing at the inside. Sellar \ber at 853,@36'.¢, closing at 35X c sellers. was quiet and steady at $1.08 for September, and at $1.05%/@1.05% for October. "A steamer was luxen for 16,000 bu corn to Montreal at 10c per 60 a, —— TELECRAPHIC MARKET REPORTS. FOREIGN MARKETS, ecial Dispatch o The Chicaco Tribune, ‘u;z;r:oxq Augi 1412 mecFrovmedo: 1) 20§ o 9, B4 . GRH=WD~Wiaim, N, 1, s &} opeing Ne | they were higher, Consols were quoted at94%. PRovISIONS—Pork, 80s. Lard, 6262 64, LIvERPOOL, AUg. 11—2p. m.~G: 3459d; No. 2, 34s 9d. = c““’-»!u, ProvIsoNs—Lard, 615 64@E. LIVERPOOL, Aug. 14— p. m.—~Frovs. . and Western, 17s, Exin gy GRADI~Wheat—Nos. 2 to 1 speing, Corn—Ameriean mixed, 355, 108 10guy, PrOVISIONs—New pork—TWest ; Bastemn Tard—52s. Bacon, 5is. s L Crezse—American, fine, 53a. TaLzow—4%. PrrzoLrux—Refined, 9)d ; spirits, 834, AxTWERP, Aug. 1L—Pmox.:wx—m>¥f. Lo, Aug. 1i~Fors—Tho blight ia e crop, and the prospects are at prosent less 7 ablo than hitherto. Tho Conttnental crop fp #uffering trom the variable weather. Chuico Anigies States, £4 158@.£6. - e 3 TaEGuux Taur—The Times'clly artice todsy saga: Tha tollowing o the. condiien, of b graty trade is derived from good sources, Adas certain s further rise In the event of bad weathes gy the contrary event there is still time to s proportion of the wheat crop in the recent spprehensions have been extreme. had not been gutficiently heeded, wiich, tainly be heeded now. Tho last report (ror B much less unfavorable than was apprebended. g of the recent raina have dons Hitle imfury. . ur farmers stock of old wheat is reported sadl, o O Tiot be quite a0 exhanated a8 it waa last yexs gy Liveriea during the last two weeks have beca dmig thi0so of the corresponding veeks a year ago. The Times says: “The Mincing Late mackety show a frther tendency toward improvement o woek, but thero a 50 specalation. 4 lacws b "',’: Toporied 1n West India' sugar, ot tho rooens canae Nw Yous, Aug. 14.—The Evenrng Telegraw from London, to-day, sa5%: AL the. opmey s morning, the tarket was firm, particalarty for S can railway securities, and in almost. every fied can Government securitles wero active, and 4 & The higher, United States 6s of 1881 advanced i only exception to the Increass was in Unitsd Saim 5208 of 1675, which receded X ; Dew 5-208 advanceg X, the price at the close of businésa bemng 101, Eva Railway shaces are in good demand; commonads vanced to 13, New York Central & Hudson Ring advanced ¥ ; Illincis Central X, toe latest quotation being 87). First m 6 per cent goid bonds of the Union Pacific Jumped 1 per cent, and are quoted 3t 91, Dnion Pacific lind-grns currency bonds also sdvanced 1 per cent, snd arefn fatr deciand. Ponneylraaia Tallroad ahdres rots ¢ percent. Attheclose of business the Tincd Lio Armness of thomorntages . TLk - 'LONDON, Aug. 14.—BULLION—Amount of ballim gono into the Bank of Euglard on balance to-dsy, £36,090. ‘TeEx Bate or Drscoust—In open market fory ‘months’ bills s 1 the birey 3, being 3¢ below Bank of X ‘Consols for lgl’nfl']md aecount 90. IcAN SrcURITIES—'G38, 1074 ; 678, 108y: 10-40n 1643 oxcoun ew e, ’lg'x!‘; Kow York o tral, 94 ; Erie, 13X ; preforred, Rirni PArsoLiru—Ixd. THE NEW YORK PRODUCE MARKETS, Special Dispatch to The Chicagn Tribuze. Nrw Yomx, Aug. 14 —Warar—Openod sbout la lower, but with good demand ; prices closed steady foy prime; sales, 156,000 bu, at §1.32@ L343 for prima Ko, 2 Chicago, chiefly st $L34; $1.24@1.32 for heated do, chiefly at $1.31; $1.34@1.35 No. 2 Northwest; $1.39 for No. 2 Milwaukee; $1.47@1.4734 for No. 1 spring, a4 $1.30@1.45 for ungraded Iows and Minnesots spring, Rye quiet, -Barley dull. Corn 2@3c lowar and fairly active, closing heavy, Sales, 91,000 bu at Ty @179 for steam Western mixed ; TI¥@82 for sxfl do, chlefly at 80@803c ; T3@T5¢ for heated Western; and 81@830 for yellow Western. Oats lower, with fair business, partly speculative ; sales, 103,000 bu at 603 62xc for mixed Weatern, and 63@70c for whita dog 4150, 25,000,bu No. 2 Chicago, for October, at 5c. ProvisIONs—Middles guiet at 12ic for city long clear, Lard heavy; sales, 100 tcs a$ 13%c for peime steam. Wiskr—Market o shado easier ; sules, 50 bt at $1.23 per gullon. > GrocERIES—Sugar merket stesdy, with modemls demand ; fair to good redning is qoted at T7e8ie; prime at 83c; and No. %, 10@12; Havana A, 6@5%. Coffee markot firm with farr inquilry ; W qiiote Ko ;:Ié‘ixamehguld, and Maracaibo at 21x(@23%e n Farioats—Firmer ; to Liverpool don er sail, 1,500 bris flour 3¢ 28 T3¢ ; 8,000 bu grain ;?&dli-m 'Hull, per team, 1,600 bu grain at 1044 ~INMAN LINE OCEAN STEAMSHIPS, OARRYING THE MAILS BETWERN BEUROPE AND AMERICAy PASSAGE RATES VERY LOW. For particalars Fparticalars abBlY g \ 1S 0. BROWS, General Wostern Agent, ‘cornar Lako, Chicago. NCHOR LINE. U s Ev irday 1asgow, Derry, Fromot iy (2 Sleets g, o N Stees includiog provisions., recpoal, e, HENSERSON BROTRERS, N.E.MAHI corner LaSalle and Msdison-sis., : Chicago. .. s CUNARD MAIL LINE. Sailing Three Times a Week to and fom BRITISE PORTS. LOWEST RATES. mpsay's Offico, northwest. commer Clckaed. DU VERNET, Genoral Western Agesk. _ National Line of Steamships. NEW YORK TO QUEENSTOWS AND LIVERPOOL| (S2bin s, 7S50 3L Cormncr. B ] : D’A“;.l’lg £1 and upwards on um'Pck;tl‘::BSO“ Northeast oorner Clark and Randolph-ats. )posil ey :humn Hun.:c ‘hicago. ip (o e ‘ FIRM OHANGES T EOPARTNERSHIP, 4 The nndersigned have this day formed a_cops ship under the styls and firm of Hartman Bros. m dauer. EMANUEL HARTMAN, . ELIAS HARTMAN, BIMON HARTMAN, Chicago, Aug. 13, 1873, MAYER LINDAUER. Thanking our fricnde for their pant patrousge B trust they will bestow the same on the ew frm. _ / HARTMAN BRO& SCALES. FAIRBANKS’ STANDARD SCALES: oF ALL KINDS. FAIRBANKS, MCRSE & 00, 111 & 113 Lake St., Chicago. Becarefultobuy only the Geauine,, LOUK HOSPITAL Washington and £rad) enartorod by the State of nols for t:lha .lnvlv- mving the lmu‘:mnl. in all cases of ity js et - Vate disaneen, "It a well kaows: Read af th profeaizm o id Srm et 1o St tho profession for nver 3 yon once all important. 4 book for tho milliva, free, o I ol o pag pondae, on Marraee, Lost Eierr Loy Fapotency, Plmplcs in tho Face, oto- e doticats attoation, with bome board, ate, Al write. Strictly confidential. Office, 9 a. m. aztll 7P B Sundars, Wto 12 ] |A BOOK FOR THE MI T.LION. A Private Coanseiorto the m'lthu;:-buu:(l;‘x mnug. on Ifldwy o3 a0 sovelations GUIDE. 00 ion, i e discoveries in the sclenca of reprodaction, prose: iag! Somplexion, dc. This s an interosting wark of 30 w] h rou yving: valasble with numerons cagra: Sgntalas misaple) risge; still it fs & bool be andar m'.'m::':m 1l ety etk o B2t or ¥ifty Cents. dress m EN:DA. Z Nofih’ Euhlb-lk. St. Louis, Mo NO CUT . NO PA Dr. Kean, 360 SOUTH CLARE.ST., CHIQAGO, My e e, e Dy KA B, 2t cures of 5O O8Y- das from$ 0 3 only physician fo the city_who warTa: A T ) 1a DR. BIGELOW The greatest specialistef the thoars west, whero ho is well-known, bias esiablisho Norle practics in the past wenty years.ia chrosi iacascs, of Lot male and fomaie. Evary cured. His rsputation guaraiitoes this fact sent {or two S-cent stamps. Communicatior Tita large work just published sent for all facts worth knowing. Address O. 219 Bouth Clark-st.. 187 Washington-st., Chicago. Longer cngaged foy phsican tn Chicago in the trestment and Privete . eakn mi