Chicago Daily Tribune Newspaper, August 5, 1877, Page 6

ra 6 : . ’ re "SUNDAY. AUGUST 5, “{877—-SIXTEEN PAGES. i] the twenty-four hours ending at 7 o'clock on | was a modezate demand for extort, but chiety at loner INSURANCE. The ‘Riot Clause in Fire-In surance Policies. t Fire Policies of the Great Railway Corporations. Furber’s Pluck in Fighting His Enemies. Danger of the One-Man Power in-Life A Companies. Suggestive Table of Losses. Speciat Correspondence of The Tribune. New Yors, Aug. 1.—A point of prime im- Qortance to the community in connection with the recent strikes, is whether a building burned by reason of an adjoining building being fired by rioters is covered by a policy against loss by fire. There ure no two opinions ainong underwriters on the subject, but it is under- stood thatclaime will be made upon thecompa- nics for the loss to grain contained in the Penn- sylvanis Railroad Elevator at Pittsburg. ‘The | companies will unquestionably decline to pay. They refer to the clause which fs uniform in al- most all American policies, in which they are held exempt. It reads as. follows: ‘Nor for any loss or damage caused by invasion, insur- reétion, riot, civii commotion, or military or usurped power.” This clause, now in universal use, fs first found in English policies is- sued 28 early as 1720. Prior to that time it was limited to invasions, forcign eneinies, and any military or usurped power. In 1728 there were riots in England and losses by fire which fell severely on a few offices which did not adopt this clause in full. They reaisted the Josses, and the cases were decided more than 2 century age, When Lord;Mansfield gave Jodicial mterpretation to.each clause, and this inter- pretation has been adiered to until the present dsy. He says of the word riot: ‘ZAiot—A tamultuous disturbance of the peace by three persons or more. Where the house is de- giroved by a riotous assercviaze under tne restrict ive clause of the puiicy, the underwriter is not re- sponsibie for tie loss." Ht is wamaterial that toe ‘foters haye assembled for lawitl purpores and wore afterwards cailty of riot. Norie ft nec that the guilt of the rivters whuil be iret proven by & crim{ni! prosecution. THE PENNSYLVANIA RAILROAD INSURANCE. ‘This mammoth corporation pursucs a mixed policy with respect to its fire insurance. Strangely enough the property destroyed by the mobe at Pittsburg was not insured. With the City and Railroad Fire Department it was deemed a waste of money to pay for insurance. Their immense workshops at Altooua, West Philadelphia. and Jersey Meadows, andalso their ?hiladelpaia and Jersey City depots and wharf- oroperty in this city, are allinsured, in at least dity companies, cach carryivg only an ordinary line. There was considerable commoticnamoug those offices the day after the Pittsburg fire, when it was feared the strike would extend to the Company’s employes here. Threats. of cancellation were freely made, but finally the companies tnterested “vested their hopes upon the tiog-Hability clause in their policies, and are now congratuisted uy ir lucky esvape. THY ERIE INSURANCE. Upon the Eric Ruzd there is one immense policy, covertng several oundred items, Issued by tue Reyal, of Liverpool. The amounts cov- cred at Rornellsvilic upon the shops aud con- tents foot up about $509,000, and the coneentra- tion of rolling-stock in that locality increased the risks covered by the Royal policy to ovcr $1,030,000, Fortunately he «- Company does not carry the whole line, but has large ilnes of reinsurance in the Liv- erpool. London & Globe, Lancashire, Scottish Commercial and other companies. But there was a manifest appierpgmyeg the agents Of donde primarily from the fear of liability from fires kindled by a mob in open daylizh but from those secret incendiary fires which cannot be connected with riotous assemblages. The Royal policy coverlng every depot and building telonzing to the Compuuy, it was nattral that the fear. of secret incendiaries should cause anxicties.. Tho road has never been a profitable one to the ‘underwriters, and ite logses every vear have been in excess of its premiums. A strike among employes is one of tué dreaded elements of moral bazards which trouble the dreams of underwriters upon all kinds of specia! hazards, but nothing . like the recent experience was ever {elt among the com- panics ‘which affect rallrond-insarance as a epecialty. THE STA1U3 OF H. J. FORDER. - Prot:ably no man in the business has attained so much. promincncs or acquired such an un- enviable notoriety in euch a brief period as Henry J. Furber. Qu one side he is denounced asa wrerker and swindler and on the other held ‘uy to the world as 2 bencfactur of the Charter Oak, the savior or the Guardian, North America, and Universal, and a saint in general. Among bis personal — fries Ferber. fs known as a sharp, shrewd and _ politic. individual constantly. on thé alert to do tle greatest: good to the ereatcst number, provided always that that number is vumber one! Be is plucky, and will never desert his post until driven from it by force. The rumor that he had fied to Europe shows how little he is understood. Furber just now has the entire body of insurance editors on his siae, and their special aim {sto denounce State supervision, thonzh some of them have been doing that , for_yeara. It is impossible for any-real friend of Furberto beheve in’ State supervision with Anguisitorial powers. It is Furber who is fight- ing the effort to throw the Universal into tue hands of a Receiver,—and he will fight ba with all his power so long as the policyholder money holds out. But whens series of trans- actions like those of the Charter Oak, the Guard- Nor American, snd Universal Lite are held up to view, and seem wike crooked, it is difficult to understand why he should obtain credit for the superiine honesty trom the policy-holders of any of the companics mentioned, ‘The claim that the Charter Oak fs richer by $500,000 than when he entered it is pure bosh. He bourht a mortgage tor $500,000 with $200,000 of the Company's money, and put. it with the Company’s assets 35 '$506,000, and that’s the way the Company is richer; but the mortgage wasn’t worth more than $300,000, and that’s what's the matter. The sooner Farber quits the life-insurance business the better for policy-holders. - BUYIXG MORTGAGES. That Matthews mortgage sold to Furber for the Charter Oak brings to mind that there are parties, reputably counected, too, in this city alwaysready to trade in city mortgages. Ther are on the lookout for necdy institutions, which | upon |. and tnow that persons are ret to make @ show of large assets and have only small amounts of ' ready cash. ‘A few weeks ago a gentleman of this city con- selved the idea of starting a new insurauce coin- v. He was honest enough to state to his ricnds that his object was to make a fat office for himself. In 2 few days he had ob- tamed subscriptions for $50,000 out of $200,000 requicea. At that pptot Be fell in with Broadway mortgagttrader, who made him eee to uruisey li with good mort- ma New York City prope: which should ‘be guarantecd 16 pass muster ‘by the Insurance Department, in the sum of $200,000, The for a cash payment of . $100,000. only unusual stipulation about the pro- sal was that the mortzare should ear but 5 per cent interest. The proposal was not accepies, but as an inducement the seller informed the hoped-for purchaser that there ‘were nuinerous precedents for such trading, and assured him that the business was legitimate. A well-known lawyer recently told a client that buying mortgages at two-thirds their face value is a common occurrence in this aud yet euch moi cs have been declared void for usury. It the trath were known it would found many mortgages held by cor- Porations in this city have been obtained on such terms. ‘THE QUESTION OF MIXED MUTUALS. Charter - The ak weekness, when the first publication” af its alleged impairment was made, seemed to centre in the fact. thut. Heary J.. Furber controlied over half of its capital. and was in reality the company itself. dince this expose, the atten- tion of ‘the lic bas been drawn to the pe- culisrity of mixed stock avd mutual life com- panies. To the uuinitiated it may be necessary panics heving stockholders who’ really manace the companies, and although the assets may. Have been contributed by and belong to the polley-holders, erually he arioant of capital e smi aod - entirely jispropor- toved-to: Be whole: ‘assets of the company.:_A remarkable illustration of this is the Equitable of: this city, .which - is, controlled - in.. its Taanagement by, the holders of - $100,000 stock, + epdinshiscase.by oue-nian, HW. BoHyde. -The | uitable’s assets are : nearly $30,000,000, and this immense sum is strictly. under: the control of the stockholders.- No wonder that the price of shares has rapidly advanced, and that ‘noue is to be had for or money: There are other instances quite as remarkable. The Etna Life of Hartford is astock concern where $100,000 stack controls assets with over $11,000,000. ‘There is @ danger in this system, which will probably be remedied by legislation next winter; Dut, so long 33- the one-man power is dangerous in a moneyed institution, this” sys- tem {s fraught with danger to: poll holders. The Furber mischief is 3 specimen, ‘This man absolutely controlled the Company, and then cauéed a contract tobe mace with him- self which by his own showieg paid him $432;- 000 in twoyears. Legislation must be invoked to ive policy-holders a voice in ‘the menage- ment of their own moncy, or further disasters will ensue. x URANCE AGAINST BURGLARY. ‘The ‘National Burglary & Theft Insurance Company isthe name of anew company. first started here to insure Prepesty against loss by external thieves. by which ls meant thieves from without who break into’buildings to effect rob- bery. ‘This isan old idea, but has never been reduced to practice before. The ‘man: ing man of the Company is John ‘F. Collins, lately of the Knickerbocker Life, and formerly Secretary of the Republic Life, of Chicago. Jolin is an indefatixable worker, and will make a success of it if any oue man cat. ‘The Company professes to be entirely. indu- pendent: of the “New York Insurance Department, yet bravely publishes notice its advertising leaflets that it has deposited $100,000. in mortgages with the De- partment as‘sccurity for policy-holders. There isa screw louse in this statement, as a party interested recently wrote to the Dopartmént for. information on the subject, and received a reply .in_ these . words “No deposit has been made by said Company with this Department for the protection of policy holders.” . There is a suspicious silence also in the publ: of the items of investment of the capital of the Company. ‘Several parties who were solicited to take siovk have reported thatit was 2 speculation, and about all the character that the Company has in insurance Jes is derived from the connection of Joba F. Collins with ft as Secretary. WHAT OF THE NATIONAL BOARD! 2 Itis rather amusing than otherwise to wit- ness the diguified disgust of various oflicials aud Executive Committeemen of the National Board of Underwriters whenever that organiza- tion is mentioned in a toue of indifference. Of course, General Agent Muntgomery, with his snug salary = and comparatively little to do would Rika to baye us believe on the vutside that the Board is still a grand couservator uf insurance forces, aud desiimed to curich the Com but le cannot doit. In sober truth, th rd is still useful in acquiring valuable statistics and in keeping up acertain amount of uniforinity in rates ‘and ravtice awong agents in varticular localities, ut it is no longer an Inguisition, with power te punish and extort confessions 2s formerly. At provides a small amount ef lubricating oil for local boards, wils them in substance to “tbe goud boys and work along smoothly as you can. Don't let_your business go, but kcep up the rates.” There is consequently Icss friction than formerly ‘ard more _har- mony. There is an impression -that the companies will soon tire of this ceaseless cry for reduction, reduction, reduction, aud be glad to join in a movement for an a:lyanced, or rather Yor a uniform, rate. When the companies are ready, the National-Board machine offers an ef- fective medium for the reform. | It is believed. that the City Board will be revived cre six months have rolled around. The situation is ripe for a change of some kind. COMPARATIVE LO3SE3 FOR A MONTH.. The Chronicie prints a tabulated statement of the losses for June, by which it will be readily seen how tke companies with reduced premiums are getting pvorer very rapidly. The figures are as follows: 1876. 1877. Total losses... +++ $3,003,900 $6,958,209 To msurance companies 2,951,100 “4,289,400 By special hazards 7,836,500 2,057,209 XNtmber of fires.. 292 455 These ficures are very suggestive, and when considered as the refex of other months, past and future, it may well be asked, bow long the companies can stand this sort of thing? The experience of some companics is even worse than that of the average. They bave lust twice as inuch this year so farasin the first hulf of last year, and yet the ery is “low rates.” THE PATERSON FIRE. This Company's affairs are now in the hands of aReceiver, Mr. James Jackson, Cashier of the Second National Bank. Hc has riven $300,- 000, paige rereseeranni o1 the pany. I has suflicient assets left to liabilities, but the stockholders will get nothing. The carcer of the Company seemed to be prosperous fora time, but it was the halo of health which precedes death. The’ Company has been a free, not to say reckless, underwriter, and its books are fall of hard risks rejected by otber companies. The brokers who are trying to replace Paterson risks in this city are having a hard time of it. NEMO. THE GROWLER. [Cormanications to this department must be limited to two pages of note paper in lenctl, written on one side, and accompanied by the names and addresses of the authors.—Kp. GROWLEE.] pT ay all its outside NOW, JUDGE! There isa provision against the practice of law by men who are not admitted to the Bar, and in some of the courts they have been rigid- ly excluded. To the Fetter of the Sunday Growler. -Cittcago, Aug. 3.—About duly 1, 1 noticed in Tue Tripune that Judge Farweil intended, in ac- cordance with a Jate statute, to exclude peraons from practicing in the Criminal Court who could not show a license to do so from the Snpreme Court. Ihave heard nothing of the matter since, diseracing the pro: fexeion in that Court every day who would not be tolerated by many of the country Justices, and pereong, tod, who ure debarred from practicing by the statutes, What doex it meant Lawrrx, ATTENTION, AUTHORITIES! There is a remedy fora sufferer of broken shanks mutilated by damaged sidewalks, and in the present hard-up condition of the city it would be cheaper to gepair.the walks than pay occasional judginents for damages. «To the Féltor of the Sunday Growler. Cacao, Ang. 4.—Will you Ict me havea little space in your column to huve my say in regard to broken sidewalks? Who attends to them to see that they are pasrable! In tront of No. 1480 But- terfield street the walk has been for the last three months in such a condition that one can hardly ass, ‘The azent for the house has repeatedly said that he would cvt it fixed, but hos never douc xo. Js it not the duty of a policeman to report broken sidewalks? Butrenrizno Strext. CLOSE THE BRIDGE. The law ovroviding that a bridge shall be opened but twenty minutes isapparently a dead Jetter. One or two examples of contumacious bridge-tenders wight be wholesome. : To the Editor of the Sunday Growler; Cricaco, Au. 4.—Hae the public any rights that the exasperating bridge-tender in bound tw respect, or must the same suffering public cuntinue to be at his mercy, love ite supper, be forced to Ureak Sts “¢neagemienta, ani! be put to ail manner of inconvenience by this fnflexible, immovable,” conscienceless minion of our City Government? There ecems to te a dim gort of an idea that” there is a law reguinting the time a bridge shell be allowed to remain open, but that such’a law is over heeded by the average bridee- tender, and especially by the one who presides over the turning of Clark-street briage, will be” promptly denied by everybody obliged to travel on that leading thoronglitare. If there is a law, let it be enforced; if not, jet us have one by all means. Nonru-Siven. «TRUTH CRUSUGED,” ETC. If Mr. Hogan is correct in bis statements he pictures an instance of black ingratitude on the part of old Mr. Storey, who certainly should say a kind word for the mau who “ stud by him wid abrick in each hand” through a dark hour of danger. 1. To the Editor of the Suntay Growler. Curcaso, Ang. 4,—Av you hive the toime wut you explain to the mob why Mr. Shtorey ghnid etand in the tp ilure of bis bildin’ and abuge all us citi- zens fer pokin’ after our roights wid laths? Now, I knowd Shtorey ever since I was init.and I moind time be kim to me wid his haira fyin’. Fhav's amis wid you, Shtotey?" I axed him. , Mr. Hogan,” saya he, ‘the soldeers. warze luck to "em, is zoin’ to throw me types and Bits te river. Will you shtand by me, Mr. *1 will, Shtorey,” save I, and I ald, wid's brick in each hand, and divil a fat the solgegre putin the Tunes ofiice that night. That was durin’ the War, ne nae whan the soldeery 1s on the other side, y? He's down on i a8 was his frind when he wanted. ns sae ete But that ant al] he done. I moind the time when he was goes as, his paper. is row, and he boucht an owld mare from Mr. Casey,’ aboove upon Illinois etrect. And she had spavinzes, and wind gallses, and spring haltees, and pote evilses, andthe hair al her: back wid the ecrapin’ av the harness. An’ what does he do but gets 2 dit av an owld hair thronk-and ekessors off aslaband slaps it on. the old. tnare’s, back. un* he bits her a achver over the head with an ax handle, ain’ she do be up an’ comin’ end him bantherin' ony man tors thrade.” Oh! he’s as cunning-an owiy man asony of “em. ~~~ ~An’ thta be hires x bogiy wan day’an’ | a Dutch mon ridin’ through: the ‘Town # e- takes Aeiere “Heed snd a half, an’ havin’ aaign on it, **'To thén, Bimé by they passed’ foine bit ay vacent. yperty ae gandea with, a high. nce, aout an yfer eale furnished.” : z as ‘Lak 00 on my property,” he says to the Dutch mn, ‘I'll sel! 00 that property cheap, : ince ai alli” , i And thé Dutch mon !fked the property, and when they drove in town he gave the Dutch mon @ bow! Of boodge that made the sweat stan’ on him like obeeberrics, Then he tak him in an oftice, d'o, gece, cn’ he showed him that property hunt apon a property “pafier pen to thticks agin tho Wall, —Wnat's this YO} call itr—a plot.. He showed him the “on: a plot, and being somethin’ av a scollard he méde writin's to show that he giv the. prope! to: the Dutch mon: : An’ the Beech man wint to the Fnddlety’ Bonk snd drawed his money—two hundhred an’ Stty dollars son’ paid it upon the nail, an’ Shtorey giv him the writin's. When that Dutch mon come to look for that property, fore do. you suppose it was? It wwasentin the Town. of Jofferthon at all; it was foor miles beyant the “Aux Plaines River, in the achwamp, and the bull. frogs a, singin’ on it— data my! ‘Now him is the mon what eays we wos o mob and ahnd be hung or shot down or shut ap, I forget wlich, and goin pack on his frinds, as 1 cau prove © byte. Grifun. ‘Bn. Bogan. i.CAMP-MEETING AND SUNDAY. - : Not a few complatats have bean made of the indecessibillty of the Lake Bluff camp-grounds on'3unday, and an unregenerate Growler wants tokknow why some conveniences are not pro- vided for those who would take their religion in thi woods the only day they can spare. Biiffers agitated the subject a year ago, but it was decided to keep out picnics, by cutting o! all communication with the haunts of si. 2 To the Kdttor af the Sunday Growter, Curcaco. Aug. 4.—Will you allow one who holds thatthe Sabbath was made for man, and not, man forthe Sabbath, one Httle growl at the spirit which rules the councils of the Lake Bluff! Camp- ‘Moeting Association? 1 alipw trains to come tpon the grosnds upon San- days. Theoniy way ‘left to those who cannot mgnage to leave their homes for o night, but would. gladly spend a Sabbath up there, igtoriseatda. m., enatch a hurried break‘ast, andcatch the 8 ovlock train, ‘Thon the train staps nearly a miie from tne Tabernacie, snd to get oxcx you must leave about 2 o'clock and walic three miics to Lake Forest. It looks very much as ifthe majority in the Association were more aunktous to get pay for. two mghts’ lodging and exira board tuan for the Sabbath, It is well known thst several of the managera hold liberal views on this subject, but they were voted down, 7: Meruopist. i NEEDS A WASH. That some poorer classes should be- established on the coast of Chicago must be admitted. Such un ont, charging low prices of admission and af- fording the {facilities demanded by ‘A. Fish,’ | would be remunerative and a blessing. It ts too Inte to do anything inthe matter this sum- mer, but some action might be taken that will culminate next season in a resort within the regch of all. othe Editor op the Sunday Groxter. Guncaco, Aug. 4.—We: have a great.deal of talk about the need for greater facilities for bathing in- this city, and. indeed, it seems a shame that with Lake Michiganat our very doors we are unzble to get a chance fora swim. Any person who sheald Ccustrucl a bathing-he use of good size on the jake and within a reasunable distance of the-reeidcntal part of thecily where, for 10 or 20 cents, aperaon could get cleam towels and a place of safety in wich’ to leave bis clothes, be doing a good thing for himeelf and the citizens generally. But 1 hate to sce pretenses of great generosity and talk about enterprise and public Spirit where nothing of the kind is done. The new =*Natatorium," on Michigan avenue, near the Garduer House, has starfed out with a grand flourish of trampets, but F don’t think the music justifiable. Why, Mr. tor, they charge 50 centa for a splash in a tank, and not a very big touk at that. But perhapsa ‘‘natatoriam" onght to be more expensive than a ewimming-batb, Only Idon't like to see money-making schemes puffed A. Fisu. up'as evidences of public spirit. : CONCEALED WEAPONS. It would be rather an inconvenient law that woild attempt to distinguish between the standards of respectability attained by citizens, anil the scheme of “ A Lake-Street Merchant” to license only respectable men to carry, rovol- vers. If the thieves and roughs are disarmed, the respectable element of the community will noi need to carry pistols. Indiseriminate bear- ing of weapons has made itinecessary for peacea- ble men to convert themselves into arsenals, while, if an ordinance affecting all were rigidly icag, To the Editor of The Sunday Growler. Curcaco, Sug. +.—How can people reasonably expect that the dangerous and criminal practice of carrying concealed weapons will ever be put a stop to,' when the Police Magistrates act as if they were im the interest of the roughs who break the law? I noticed in your paper aday or two ago that two men were afresied on the corner of linisted street and Archer avenue, on the of the riot in that neighbor- huod, each of- whom had a new pistol and box of cartridges in his pockets. They cacaped with a fine of $heach. ‘This was for carrying con- cenicd weapons, the ofiicers failing to prove their connection with the noters. But should not the fine have been $60, or, better still, thirty days in the Bridewell without the option of a tine? Let the Council pass an ordinance providing for the issue of licenses to resnectable citizens, and send evary one to priton who infringes the law, This would go far towards rendering life safe in Chi- cago, which it 1s not at present, A Lane-Srrert Mencunt. EMPLOYMENT BY THE CITY. A correspondent thinks he has found a direct road to the establishment of an Utopia by util- izing the nnemployed labor in repairing the striets. This he thinks will benefit Chicago more than will an increase of police force, and his: plan is submitted to the suthoritics, as will be any plan calculated to help them out of their présent muddle. | ‘To the Editor of the Sunday Grorler. Gintcac, Aug. 4.—J would like to make an hum- bie; sugrestion through your paper, that the Coin- mon Council has a good opportunity to do a much better thing for the city and for the laboring people than the talked-of measure of appointing soveral’ hundred additional policemen. Instead of adding 250) more men to the present force, why not em- ploy say 500 men or morc, who could be hired for AbGut the same that these additional policemen wonla cost, and sect them at work on the public works of the city? This intter plan would give employment ‘te’ a considor- able number of idle men, and the city would get piccisely what it now eo much needs. If one can ave the patience to drive over the different parts of the city, he will find that the streets, a8a whole, were never £0 disgracefully out of repair as they are to-day. There are numerous streets which arc unpaved that may be male good streets to drive on by fling up tle holes even with ashes or dirt. Olger streets that are calied improved ure becoiu- Now let the ing almost impafsavle from neglect. j city set men at work, so as to get a return for their Inbor, and everyoody will be venefted by the messure. Each man at work will get some nioney that he can pay to the storo- Keeper; the storekeeper will have fils business in- crenved gv he can pay his rent; the landiord will bo able fo pay is taxes, and evcrybody will thua be ubiz to travel the streets for pleasnre or business with lesn danger of getting his neck broken. Gronoz Snenwoon. DISCHARGED GUARDSMEN, There can be no waste of indignation upon any firm that would discharge men for absent- ing themselves for military duty during the riot. Several reports have been made at the headquarters of the two regiments that mem- bers had lost their situations through attention to their first duty. Mr. Perkins, of tho First, compiained of such treatment at the hands of: Messrs. Pardridge, but the following letter, if it correctly states the facts, puts a new aspect on the affair. Guardsmen should be careful to be inthe right in such a matter, and when they are public opinion and-public spirited firms will sce that they have the same protection they afforded when their seryices were in demand ; Cucano, Aug. 4.—“rhere sete (0 be quite an erroneous ond wholly unfounded charge now bein: cirénlated with regard to the discharge of one o! ‘the'employes of Pardridge & Co. for performing his duty in Company C of the First Regiment. The fac{s are as follows: Mr. Perkins, the member in question, caine back to Chicago with his company, and reported at the New York Store for duty. Mr. Ryan, the Superintendent, asked bim how be was, and some similar questions. Tne man went to. work, and Mr. Ryan came down town. When he (Ryan) returned he found. that Perkins had !cft, and upon inquiry learned that when asked by the head of his stock to do some trivial piece of work he (Perkins) returaed some angry answer, and soine words followed, and Perkins took his hat and walked out of ‘the store, never com- ingnearitagain. He simply discharged himself, We had in ‘our company two gentlemen in their, employ who hold responsible positions, and wno couid ill be spared, but they were not only sparad, but their money was brought to them while we were incamp at the Exposition Building by Mr. Pardridge, and he told them that 1f they needed more while they were away to eend hin word, and ‘he would see that they gotit. - ‘This was Mr. Hd- ward Pardridge's action. This firm also had member of the Second Reeiment from the New. York Store (the same one in which Perkins was employed), and Mr. Ryan sent bis pay.to him while on duty he being gone two days longer than. Perkins, and no trouble whatever ensned, They wee pair too proud w A have. Guards-: employ at that. time.’ 2 man, he never gould nudge: foe suleigat polis ot r would at . the 61 icy of The « I refer te the refusal to, sort of'a bathing-place for the | wonld really - capital for rival. establishments, ; He,wonld rather keep a poor hana year than let him go for that canse; infact, they hnd reduced their help, and werecareful not ‘to ‘let the Guardemen go. Any first-class house. would - oon : find :roonr for. aman "who-was willing to fight-for- thelr'interest, as wit- ness Field, Leiter & Co.'s offer, to-take these Gis- charged **'Guardsmen ‘“inté’ ‘thelr employ. as also did. Jonn. -V. Farwell & Co. The ,, public ‘should not. be ,._ misled -by-hebling only one: side of the'etory, and: Mesars. Pardridge feel that they deserve the right to be heard in this mattoi unanswered asto let it ge: IT would place them in an extremely bad light before the general puolle, ‘The military investigation will +no;donbt bring matters out in their true ‘Tight,- but suelr proceedings are eo. slow that many” rumors would gain currency before the truth was known. For tiis-purpose only is this explanation made , public, ov" A NaTIONAL GUARDSXAN. THE. COLORED TROOPS. Inspector-General Strong will kindly notify thé Hannibal Guards whether thelr late inspec- | tion was satisfactory, and whether-he intends | admitting the. organization into the. State militia. ‘There is. no little, fecling on tho part \ to take'a hand in the latest unpleasantness, and they are clamorous for a definition®of ‘the status straightway: i To the Editor of The Sunday Grevoler. Cuicdco.. Aug. 4.—Please allow me through your columns to briefly state a point or two concerning the ** colored troops" iu the late local ** onpleas- antnezs," and particularly as regards the Hannibal Guards. On the day precedine the Halsted strect battle, I, 38 Commander of the above-named or- anizahion, called at Volice Headquarters accor ing to orders, and stated, 10 the presonce uf Brig, Gen. Torrence, Maj.-Gen. Ducat, Col. Hickey, and Mayor Heath, that we wonld tender ‘our Services or bold . ourselves in readiness, a6 citizens, to protect our homes, should the tronble ange to.such an extent as to directly interfere or molgst our portion of thocity. To that end I detailéd nightly a corps to guard our armory, and, if necessary,.to be onthe alert. I aleo slated that, being an independent orzantza- tion, wo hud nade application about two months ago 'to‘enter the State militia, and an inspection was made at that timo by a Deputy of Inepector- General Strong, but whether that inepection was satisfactory or not we have as yet reccived no an- swor. This caused the members of our organi- zation to feel somewhat “*miffed.” The -. authorities . sssurcd that =the matter would be . attended to im- mediately, and that 1 should prepare the company for emergency. “In jnstice to the company and every Inw-nbiding coldted man of Chicago, I can asgare you, Mr. see this, that a good bat! o have been mustered together had it been nect them to beur atms against mobs in the protection of our citizens and our homes, Feeling that a } Fecopnition in time of peace iy an assurance of recognition in time of war, and also feeling deter- mined to discharge our ditty as becomes all law- abiding citizens and soldiers, I sincerely hope this will satisfy the minds of many of our inquisitive friende. R. E. Moone, Commander of the Hannibal Guards, AN INTERNATIONAL QUESTION. It fs evident that there fs one man who does ‘not agrce with the Rey. Joseph Cook iu his esti- mate of the progress of America, and he gocs for Mr. Cook vicariously through auotuer com respondent, A. M. B.’?: To the Edttor of the Sunday Growler. CnrcAao. Auz. 4.—I own toa considerable snr- prise at un intemperate communication in Tue isniauxe of the 2ist ult., headed ‘Grant and Wales.” in which the writer exhausts over a cul- umn in rowdy. rhetoric, seeking to explain how thick Wales’ skull is; bow Englana is far bebind the United States in progress; how Americans Dolled up at the affront made Grant, and do pot propose to have the **blarsted" Englishmen in- sult the recipient of their highest honors; how the American citizen Is the peer of any man, be he Prince or peasant, etc.. etc. 4 ‘Now, however reluctant I may be to prove the absurdity of such statementa, 1 cannot help de- nouncing them as the malignant utterances and yituperations of an insane mind, or’ at leart one Whose prejudices and vanity have eo far misled him as to draw upon himself the ridicule of all sensible men who, by his unfounded statements, arc led to the conclusion that he is utterly ignorant of English history. ‘Now, Mr. H, AL B., in reference to England being far behind the United States in progress, suppose. you for once assume the role of & venefactor, and,, by means of your illustrions Iineage securing you an introduction to the upper ten of England, wake them ont of thelr slugzish- ness, show her fovlish statesmen how far behind they arc, how the cninbering monarchical filth wheel keeps them back, how this wheel of Ixion and the stone of Sisyphus can be removed by ‘American incennity. ‘To demonstrate all, this, just show your civil service as compared with the English service. Show your short cut to cure financial ills. In legla matters, ahow your jarles chosen by the thief, show your Stute Legislatures, show your Rings, show your high officials soaring the plunder, and Egneral iy fixing things right; show peur aueMDlored men. own meseeingls, | yest iramps. Show your riots and their cure. If ‘that don't fetch ‘em, then produce your latest style of martyra, Sieed {a9 cartouned by Warper). Then challenge these effete statesmen to produce such things, and al) this, yea, in less than 100 years. To Wales the thickness of his skull expiain. But do not let btm think he bears his load fa vatn, Leat with the ofceriess Journey tedious crown, ‘Urged by desoair, he throw the barder down. Again, Mr. H. M. B.: Referring to ‘‘all through the Sonth you can hear the indicnant comment, Eneland.cgzed us on, but she never put a stroke for our help except by taxing our money for the ships she built us.” You must know the Suhth never has nor will pay one-twentteth part of her indebtedness to Englishmen, and you will also find upon, investigation that the North has acted in equally bad faith in andertakings of a private na- ture. So, in future. try and dispel the idea that the superiority of America can be demonatraied by detracting froin the glorious annals of the Brit- ish Empire. Ihave no desire to contest your other views, — they are in unison with thore I have already ex- posed. Suffice It to say, they would ufford aa much merriment to an English achvol-boy as the first lesson in French avec tes fables de Fenelon. ‘Mr. Editor, I have been prompted to this after reading in the editorial celumn of your paper 2ist ult. an account of how Gen. Cook (an American) was spared from the Virginius massacre throuza the firmness and humanity of an English officer, which bears a striking contrast to Hl. M. B."s com- munication same date. P.PLA, — DRIFTING. be Weare drifting down the river, Floating slowly o'er the tide, And the shadows seem to lengthen As adown the streain we glide. Pleasures long ago forgotten, Sorrows life had oer us cas Come pack dimly to our ecusea— Ghosts from ont the baried Past. We are drawing near the harbor Tfope has showr, us just ahead, Where the loved and lost awuit 13— ‘As we gathered round the hearth, But we know their souls will greet os When wo bid adieu to Earth, Loving voices, lonz forgotten, Cull vo us from out tue mist, And the forms so wildly checished Beckon us to acenes of bis: Bat we linger o'er the billows, Falter as we near the shore, For we fear the transformation ‘To the long forevermore. Cricaco, July, 1877. . O. S. Matreson. > HUMOR. Adam missed one of tne luxuries of life. He couldn’t langh in his slecve. Russia is said to have met with a heavy loss at Machin, Penuics!—Cincianati Saturday Night: What fs the aifference between a post-hole and a speaking-trumpet? One is hollowed out and the other hollered in. The Courier-Journct tninks the best thing to remove dandruif ‘tis undoubtedly a Sioux.’ Isv’t that a dandruff joket—Graphic. The Fortnightly Review has an able articlo on “Water-as a Beverage;” whereupon the Al- bany Express says: “Tue idea appears to be feasible.” -, ‘Base is the slave that pays.” Our creditors are asked to observe the poetic beauty of the foregoing line. Shakspeare was na slouch.— Turner's Fails Reporter. A New York paper speaks of a well-known restaurant keeper as an “austere, studious mau.” You should bayé called hm an oyster stew dious man.—Phitadelphia Bulletin. “In the sentence, ‘John strikes William,’ re- marked a school-teacher yesterday, ‘What is the object’ of strikes??? “Higher wages and shorter runs,”\ promptly replied the intelligent pupil.—Haukeye. ., Surgeon: * Your pulse is still very high, my friend. Did you get those leeches ‘all right I sent the day before yesterday?” Patient: “Yes, sir, [got’em right enough. But michtn’t I have ’em biled next time, sir?”’—Punch. "A dig tree of California, when cut un, yielded no less than 400,000 shingles. Here se op- porunity. for the statistical tiend to tigure out jow many thonsand square feet of surface of bad_ boy’ these: shingles would Ke — PS thes gbing ‘ot make smart. Ledger: ‘Now look here, Mrs. Crumple, ’va* missed a Ronee of tea, a pot of jam, and half a bottle of brandy. Now, dov’t say it’s the cat!” Mrs. Crumple: “Me, sir! Ishould be the last toaceuse avy body—leastways unless it were the Colorado Beadle.—London Funny Folks. One fest of a great mind is its instantaneous ayailability in an emergency. The boy who can drop.a paner-baz of eggs on the sidewalk, and pass on without changing bis gait, Inter- rupting his whistle, or Jooking at what he has Groped, has’ a’ future before him.— Worcester of the company’ that they were .not permitted - FINANCE AND TRADE. —Clearings of the Week. The -Produce Markets..Rather Quiet Hogs and Provisions Weak. Grain Firmer, but Closed Tame—Freights : : Active. hes FINANCIAL. (a Business was quict in every way in financial cir- cles. The demand for discounts is notatrong from any quarter: Country applications for redizcounts have fallen off somewhat. The city customers of the banks are making but little negotiable paper, and the banks do - not'care particularly to sce their offerings increased. Deposh lincs bave not yet recavered from the drain during the etrike. ~ + Rates of discount were 8@10-per cent at the banks to regular customers. Call louns were quoted at 6 per cent. New York exchange was soid between banks at 50c per $1,000 premium. ‘The clearings of the week were reported as fol- lows by Manager D. R. Hale, of the Chicago Clearing-House: pate. Ctearinga. Paes 328, 41 182,843 The Public. : Of the chief cities of this country four escaped riots last week, and: their clearing-honse returns compare thus with those of the corresponding week last year, the percentage of gain being added: New York. os 4, 03 OT Seven other cities enjoyeé the Inxary of riots, and their clearmg-house exchanges compare with thoze of the corresponding woeks last year a8 fol- lows, the percentage of loss being added: ‘ 1877, Phitadelphia 29, 160, 738 Chicago... 15,933,5.9 Ginelunatt 222. S240, 307 liinsare.. St. Louis. Pitesbur, Loutayiile, Bis 3. Do the workinginen ‘really ‘think that they get larger wages, caitse better times, snd make it easier to five, by starving riots, destroying business, and dankrupting merchants and mannfacturers? If-so, taey know less than tae London tramp. and will cover their mistake. A remarkable fact is that Cincinnati, where disturbances were not very se- rions, suffered more than some other cities, bat its railway communications were entirely biccked. Feturns from San Fraucisco are not at bund, bat vill show large loes; reports Were not made last year at Cleveland, where, however, the clearings Were only $1,007,065, about 25 per cent lees than ig usual there. ‘Peace and qnietness, very con- venient to everybody, are especially necessary to labor and trade. . A NEW STEP IN FIRE INSURANCE. At the direction of the New York Board of Un- @erwriters 2 draft has been made of 3 law to limit the risks of fire-insurance companies in important localities to the amonnt of their net assets. The plan is thst in all cities of more than 10.000 1n- uebitants the business districts where large stores of goods are atcumulated shall be mapped out by the Mayor and Aldermen, and. no insurance com- pany chall tax@ ap aggrogate amount of risks in # euch districts greater thao-its capitaland net sur- plus. This will not prevent them from insuring dwellings not in the business districts, farm-burld- ings, etc. ‘The object of the law is to prevent any company from being crippled by a great fire in any city. Ifanything happens to reduce the cupital and net surplus below the amonnt of insurance taken vy a company, the latter must reduce its in- surance by returning the unearned premium, or must reinsure. . NEW NATIONAL BANE. The following new bank oreanized and author- ized to commenced business is officially reported to the Comptroller of the Currency: 2.ne8. Quakertown National Bank, Penneylvanta. Authorized capital, $100,000; pald-Ia, capital, $100, - Ooo, Joseph Thomas, President; Charles C. Harriug, Jf, Cashier. Authorized to comnence busiaess J ee GOLD AND GREENBACKS. Gold was 105@105!4 in greenbacks, . Greenbscks were 95},@94X cents on the dollar in gold. P FOREIGN BXCHANGE. Sixty days. — Sight, Tintted Statex 3 of °31.: U. (3 of “65—January and July. wu 20s of “tz—January and July. u January and Juli Tinted United States curreucy 6s. BROKERS’ QUOTATI Chicago City 7 ¥ ct-bonds. Chitage Ui etsewerag Chicago € water loan, honds, long. LPs ee Cook County 7 # ct. Nort Chicaxo7 ® ct bonds City Raflway. South Ste. City Itnllway, West Stue. erect West Division Kallway 7 per cel POsitlON StOCK...eeree seve + * And Interest. BY TELEGRAPH. NEW YOR. New Tors, Aug. ¢.—Gold opened and closed at 1053, with sales in the interim at 105%. ‘The 44, 2, and 1 per cent, and borrowing rates were 143, 2, fiat. Silver at London unchanged. are 123% in greenbacks, 117% in gold. 4 discount. Governments firm. Raslroad bonds etendy. State bonds dall., ‘The stock-market was exceeainely irregular on a small volume of business. Prices generally lower in the early dealings, the decline ranging from 3; to1¥ per cent, as compared with the closing quo- tations yestonday, but sudscquentiy a recovery Here silver bars Coin, 4@ of % ta % per: cent took place. During the afternoon the changes were very slight. At the clove the market. yielded a fraction, and the cencral list went off 14@:4 per cent, During the day there were all sorts of re- ports avout the position of this or that operator, articularly on special stocks, and aleo about com- inations, but these reports were guess-work, and not worth repes Transactions aggregated 73.000 shares. of w! 4,700 were New’ York Central, 24,200 Lake Shore, 6.800 Northwestern, 2,708 Rock Island, 5,000 St. Pauls, 2,600 Del- aware & Hudson Canal, +.700 Delaware, Lacka~ wanna & Western, 2,200 Michigan Ventral, 2,300 Mortis & Essex, and 12,600 Western Union. ‘During the afternoon there was an cffort to strenzthen tae money “market. Subsequently big amounts were offered and louned at 2 per cent, in some cases'at 132. Prime mercantile paper 41261. Sterling, uctual business 484% for 60 days and 480% for aight, Clearings, S14, 000, 000, Customs, $241. 000. ‘The . reasury disbursed $327,000, Dry goods imports for the week, $6,929,000, me following is the bank statement for the week* ‘ Loans, Increase.. te, Ineres Circulation, incre Reserve, decrease. Ne +o 1057 oses'ioctos tregtaterea «.-1eork 109}% Coupous....... Coupons, 781. Goupons, °6 Mariposa. Mariposa pf dams F res Dt United States New York Central. i Erie. obs Chicazo & Altun Erle pid, 19°, Ohlo & Miss Harlem, 4 Bete wee Michigan Panama. 01 Unlon Pacific stock -:. 63, i 11 Lake Short 5034 Central Pacific bonds . 108! Hilinofe Central...<27.. 6044 Union Pacitc bonds, .. 10% Cleveland & Pitisbiirg. 794.U. P. land grant. «2.00163. Northwestern... 2 U.P sinking fund...) 9796 TE RONDE, Tennessen aa, old... ag V G8, NEW... +0 Tennessee 6s, coupons 4154 Missouri 63..... ‘Virginia 63, 0(d........ 307 POREIGN. Lonpéx, Aug. 4—5 p. m.—Consols, 95 1-16. American securities—67e, 10614; "66s, 1064 10-408. regnistered, 110%; new 5s, 107%. New York Central, 82; Erte, 91%; preferred, ‘18; Illinois Central; 59%. Rate of discount in open market for three months’ billa, 135. Pans, Aug. 4.—Rentes, 108f 30c. COMMERCIAL. ‘Tne following were the receipts and abipiments of the Jeading articles of proguce in this citydaring 30 20536 . | last years * Discounts Light~-Deposits Drawn Down Saturday morning, and for the corresponding time Sifomente. 1877. | 1678. G.261! 6,870 19. 13 i, BOL.S20 420,442 1,480; 2,000 408110) 173,740 ROTI] 608s 427 les, Bea. Highwin's, brig; Wool, ws. Potatoes, ry, tons. Lumber, m ft. ‘Shingles, m..- 2.8K 20,262 Salt, bris...0s1 4.533" Withdrawn ‘from store during Friday for city consamption: 311 bu wheat 2,158 bu corn, 1,236 bu rye, 920 bu barley. ‘The following. grain. was inspected intoastore in this city Saturday morning: 1 car No. 2 white winter wheat, 2 cars No. 1 red do, 5 cars No. 2 red, Lcar No. 3 winter, 1 car rejected do, 4 cars No.2 N. W. wheat, 4 cars No. 2 spring, 3 cars No. 3 do, 2 cars rejected do (23 wheat); 205 cars high mixea corn, + cars new mixed, 552 cars and 24,000 bu No. 2 corn, 158 cars rejected do, 6 cars no grade (905 corn); 7 cars white uate, 6cars 0.2 do, 16 cars rejected do (29 oats): 10 cars fo, 1 rye, 58cara and 2,200 bu No. 2do, 1car rejected do (67 rye); 2 cars No, 2 barley, 3 cars No. 3 do, 6 cars rejected do. Total (1,035 cars), 405,000 bu. - Inspected out: 11,878 bu wheat, 249,474 bu corn, 18,412 bu oate, 16,584 bu rye, 408 bu barley. ‘The following were the receipts and shipments of breadstufis and live stock at this point dunng the past week, and for the corresponding weeks ending as dated: Aug. 4, July28, Aug. Receinte— a 1s = aaa a Shipments— Flour, bris. Waeat, du, Cor, bu, Oats, bu. Rye, bu Barley. bu, Live boy Cattle, "No. The following were the exports from New York fortne weeks ending as dated: Aug. 4, July 2B, 1877. 1377, Flour, bris. ‘Wheat, bi Corn. bu. ‘The houses forthe storage of barley under the new arrangement will probably be five in number. ‘The Falton and Galena are already designated, and one house each will be set apart at the termini of the Central, the C., B. & Q., dnd the Hock Istand Roads. = It now seems well assured that the Northwest has this year raleed an unusnally big crop of oats and rye, ditto of wheat, and a fair yield of barley. ‘This certainty has encouraged the bears, andshort- welling has been the favorite policy among opera- tora in these coreals, In regard to corn there Is yet room fora wide diversity of opinion. Corn looks well, and promises well, but 1s undoubtedly tate, and agood dealof it would yield badly it this shontd turn out to be scold month, —which is not impossible. ‘The leading produce markets were rather quiet ~ Saturday, and the feeling was generally a steady one, though provisions were easier, in sympathy with -hogs. The advices from other points indi- cate little change in prices, and the weather. here was fine, without oppressive heat which was gen- erally understood to be favorabie to the crops, ex- cept that corn would bear a good deal of hot weather yet. The shipping movement was again fair, but chiefly in corn. The dry-goods market was devcid of new fea- tures. There was a quiet movement in staple and seasonable goods and a steaay and firm set of prices. Groceries were Active, and for most lines the market maintained a firmer tone. Sugars and sirnpe, however, were weak and lower, the for- mer dechning an }¢ and the Istter 2@3c. In the dried-frait marktt the position of affairs was much the same as fora number of days previous. The interest was chiefly centred in apples and pranes, and both of those staple fruits were active and ad- vancing. It is now ecttled that the apple crop will be a failure in most of the apple-growing districts, and in anticipation of extreme prices later in the season speculators have bought up about ali of the old crop. Other domestic and forcign fraits were steady: The demand for fish was active, and previous prices were uniformly well sustained. Saltwater descriptions are in reduced aupply. There was little that was new to note of the butter and cheese markets, the supply and demand and the course of prices being much the sume as on the day before. Oils were generally quict, with prices unchanged, except for linseed, which was 5c lower; now quoted at 60c for rawand 63c for boiled. Lard and turpentine were firm. Tho leather, bagging, tobacco, and wood markets were quoted un- changed. Coal was drm—anthracite at $6.25 for esr, and at $6.50 for nut. Hogs were less active, and averaged 10c lower, closing weak at $4.90@5.40. Cattle were quiet and weak, with sales on a basis of $2.50Q6.25 for inferior to extra grades. Sheep were inactive at 2. THQ. 50. The lumber market was quiet Saturday and un- changed. A few cargocs left the sale docks, but the inquiry and offerings were light. Piece stuff was chiely wanted. The yard market was un- changed. In the aggregates good many orders are being filled, but at irregular prices. Wool was in moderate demand at unchanged prices. Seeds, hay, and brdom-corn were quiet and little better then nominal. Poultry and eggs were doll and weak. Green fruits Fold readily early, but weak ened eabscquently under increased offerings. The fruit train. was late and many buyers had left the street before the peaches, pears, ctc,, came on the market, Lake freights were active and firmer at the oxt- eide figure of Friday, there being more competition among shippers. Room was taken for 565 bu corn, and 50,000 bu rye; on the basis of 3i4c for corn to Buffalo. Rail freights were quiet and steady. Grain was quoted at 30c per 100 he to New, York, and 35c to Boston and New England points. Rates on boxed ments were quoted at 5c above grain figures. “The New York Produce Exchange Weekly gives the following as the visible supply of wheat and corn at the dates named: prices, and holders were obliged to concata about per loin ce sales, though tho fancy its were held fi Sales were reported of 20.000 iby shoulders at'Sc; 40 boxcaduat S\ic; 100 Doxes re plekled shoulders at 6 C0 Ibs short ribs a: Saag cash and $7.09 seller Sentember; 30 hoxes 'oxe aad - short clears at 7c: 1,020 hoxes lung clears at $8. 758.40; $i. 000 Tea shears clears a0 Takes = BID ces awect nicaieg 121 aot ic. ye market wag tr w at the following range of prices. cas a ey a Snoul- Short Lon dere. ‘ride leat pnd 4g ay 5 Z oe 4 rn er ae ‘Long aad short clears quoted at 7¢ cash or Aumat and age. seller Srpiember.. Gumber'ante aur st ‘cuter Gx@7e: Ione eut hams. UM@ICHC. al. bo: nigeled name sueiones, Coen hana see ae he artcOn, qOted Rg GHseiEe for shoulcrs. NA sAtta cap andhec for waort.c ‘ hams, ail canvated ind packeds nr VWRSHRE. cor SEEM Bropuurs- Were steady and is 'S—Were eteady and quiet 11.00 for. mess: $11.75@12.00 for extra net SIR S5G20. OF for hams A be Tas quoted ‘at 7! e elt, atid + Tae antag Woted at TBE for clty, and Tea 4 BREADSTUrFs. FLOUR—Was in fair demand for new winters ats slight rednetion in prices, and favorite brands of 3tia- nesota springs were also inquired for toa fair exteat Outside of this the market waz dall aad heary. Séles were reported of 975 bris winters, partly at $: 475 bris spring estras, partly at $4.5033.50; ind 125 bris old rye-flour at $4.0034.49. Total, 1.575 tris, Prices wore ao trregular that we omit quotatloas;- song brands were fully 50¢ lower than a week ago, whila others exhibited little change. BraN—Was inactive, because none was offered, and the market was quoted firm gt about $11.09 per ton on tree! Cons “EzaL—Co: was nominal at €17.! A al #080 er on AT—Was gencrally quiet and averaged fr advancing Sa. but closed easter az the same prices 4 Friday afteracon. Liverpool was quoted tirmer on cargoes, but New York was dall and Inactive. Our ze- celpts were again ileht for the season. aad about isled by the witbarawal frum store. ‘There were a falr oumber of orders from outaslae ne the local trad- Ine was light, and all was more decidedly for fature. than usual, the shipping demaid being very llzhs, The stock of this epeculatty de {3 now tedncee to 1 volume—probabl? lesa than 100,00 ba— for Auzu: though, 4 tases less anxious to se hou; nearly :ll expect receipts to There ts, however, but lctie diapositio e tbs wheat.now bere without farsier redaestoas In priocy {t commands a premium of about 8c per bu ov: ase deliveries. The reason fs tha: winter whea:Isdelaz rushed forward to market, sad now forms tne staple of wheat tredioz (or at least. of wheat qnottug, to Now York, Selier ‘Anguat opened af $1.tlig. asa 0 LIMes declined to $1,114, linproved to $1.1134, fell off to S111, closing dt SI.11%%. Setter S» tember sold at $1.044@1.05-¢ and seller $1.027,@1.02}4, both closing at the inside, closed norolnalié at $1.19. “Cash sales were 4,000 b Biggs ‘700. 8,700 bu. Winrer Wieat—VWas qatet,ani 2red a3 $1.21%61.21 1,000 ba 90c651.07% on track, and i free on bon care Tora 4.400 Be ay INNESOTA WiteatT—Sale was made of 2,000 bu 5 2tnapecial bin ar $130, bag CORN—Was fairly active sal {rregular within nar row Iimits. The market advanced jgx, ond as the chae averzged !{c lower than the previous afternoon. Ltr. erpool was quiet, with steadiness n carzocs, and New York waa unchanged, while our receipts were large nd scarcely equated by the reporzed shipments. Her Shere was oxata 8 sipping demand through tao grea part of the seasion, which kept cash cor steady, the premium over Aujud: bemg Mc at. the close, notwithstanding the facs of bic rucetjts. The Jatter encourages short selling, while it does not seca to materially affect the curreat demand, which may’ Stimulated. by fears of much slguer fretghe Pt towards the Bauluox that will more than make ames for the existence of 3 present premium on ries. Seller August opened at 47%ic, sol: clined to 47c, and closed ac 47360. at 45,4s47c, closlag at the insid>, at 46c, when’: eocember was 447; gash deline- Seller Seoterocr aid and seller October sold Cash Ne cloral at47%c, and high mixed at ae. Cain sales were 5 poited of a. osba high mised ab 4801) =D No. Bat s7e847H40: 64460 bu rejecied at 45d isxe rack. . Total, aad 4,800 be b; Ie at 4B)! 8504 Ra. ha by. sample At: 40/siet0 on sobu. ‘OATS—Were tn fair demand and firmer. The ote Inga were somewhat s:naller, and she recente were only fair. The shipments fast week were in exeon . Seller August opened saturday septemer. Her tine yeas white atz Rejected osts were nomins! at maples Were 12 fait demand, new being proferred. Gash sates were x: f 1,860 bar N rite wt 273422 900 ba Xo, 335 300 bd relectod a: to: GeO UE by sampe ata Bic for oid and 2°G20: for new; 5,400 bu do at Bade free on board: 600.bu new (No. 2 White) by sample & 35c,_Total, 15,300 RYE—Was in xood demaad and firmer. The receipts were liberal, aut tar oiferinzs were quickly takes for shioment. No, 2 sul4 0355 a@55%u, closin: No. 1 sold at the same + August was firm at S42 ed of 18,000 bu No, 2 at 3 ‘as In moderate demand sad drmet. eid At G3:4¢ and sold to AS'e, thea vats wastheclusing price. The lower grads September o} to 69c. which were in fair requeat, and there wasalittie more dotag in samples, Dat the offerings conrlderably exceeded 138 inquiry. Consumors are nozrendy to biy. Cash sales were reported of 400 bu old rejected at 4icz_ 1. rejected at 40¢42c; 1,600 ba by sample st 434720 on track. ‘Total, 3,200 bu, : BY TELEGRAPH. FOREIGN CITreEs. Special Dispatch to The Tribune. Lrverroor. Aug. 4—11:30 a, m.—GRats—Whett— Spring. No. 1, 128; No. 2, Us; white. No. 1, Us6dy No. 2, 1223d; club, No. 1, 135 gd; No. 2, 1235. Cora “1, 269; No. 2, 253 9d. Pnovisioys—Pork, 54s. Lar, 445 6d. Livraroot, Aug. 4—Evening.—Corrox—Holtdsy; middling upland, 6s; Orleans, 6 5-184. BREADSTUFFs—Quiet; California white wheat aver: see, 12s 2193 gd: clad, 123 5i13193 242 spring. HAL Western . market bare. w Western mixed. 2ssOdG263. Gat—Amert Cuoves Sezp—Americaa, 4392503. Provistoxs—Mess pork, 54s. Prime mers beef. oro American lard, 442,“ Loag clear bacon, S95 short €o a Tartow—Fine American, £18. : 636d; refiaed, 11s ed@t2s. Prrrotecm— Rb O1L— testy—Common. Sprints or Terre: Cunrse--American, $23. —PeTRoLecn—208 Astwznr, Anz. 4 ms Gd. ‘The following were recelvéd hy the Chica zo Board of 6d. Ltyznroot, Aug. 4.—DPrime mes3 pork—Eastera, 70s; Western. 548, Bacon—Camberiands. ‘short ‘Sis 6d; long clear, 373: short clear, Gd: hains, S03. Lard, 143, Prine’ mes meas beef, 045; extra India mess, 101 Tallow. 40s 6d. Lonpos, Aug. 4.—Lirznroot—Wnheat firm: Cr fornia clab. 123 7d@i2s; Caltfornia white, 1254%¢: ‘7d; spring. 123 1d@ids.’ Corn quiet. Cargoes off const—Wheat firme: Foes on pastase Wheat Stent shipping California wheaz just due ao od NEW YORK. : ‘Sew Yorx, Aug. 4—Uorrox—Weak and trrgqut: ati2 11-16@11 13-16c; fatures closed ates ty; Adguth 11.48c; Sepiember. 11.36¢; October, 11.00@11. 186% Dovember, 11-09@11.0fc; December. 13.06311.0: January, 11.18c; February, 11.27@11.29¢; Marco, 1141 @ll.43c. : Frocn—Dnll and heavy; no material change In price; recelpts,, 12,500 bris: No. 2, $3.00%4,25: superfine State and Western, $4.99¢5.9; common Lo gout extedy s 8.15; good to chotce. 30; winter whest cud for old amber a3 ere ts a tema: 3 71.65, Rye in fair demand a Corn quict: yellow, site: 3 Demand fair and market firm: whice Weszer mise, vaste: white State. 41ctéc: newaseRKe, PernoLec—Quiet; refined, 13}4s1S-4e; canes. 174 ngptiia, Sc. A California do, 2 23) lc tee Woon—Domestl ce, 36@58c: pull. washed, 108°2 :, P PEROVIstoNs—Pork dull and lower; new mess.314.2:9 14.30; August, $14.90; Sepiemiier, $14.25. Beet qu but firm. Cut meats—Wescern ‘aut changed. Lard dull and lower decide August, $0.25; Scytember, I tate, 1sg24e. avy; Western, 10Gz3¢ LUC. ured copper strong with fairde- got quiet at ace Scotch pig Iron, 334.43 Wheat, bu. Corn, du. July 2, 1877. 1,975,455 9,489,991 Suly 2, 1877 982,029 | 9,556,541 July 14, 18 06: “B78 duly 29, 187 9,181,217 7,544,003. GOODS RECEIVED at Chicago Customs, Aug. 4, 1877: J. V. Far- well & Ce., 32 cases dry goods; W. R. Hodgins, 12 casks ale; Leopold & austrian, 4 cases dry goods; Herman Mess, 67 cases tors; Schweitzer & Beer, 39 cases toys; Barnum Bros., 1 cage toys; Carson, Pirie, Scott & Co., 5 cases dry goods; Vergho, Ruhling & Co., 1 case toys; J. 8. Kirk & Co.,14 tes soda ash. Amount collected, $697.31. ” PROVISIONS. “ HOG PRODUCTS—Were moderately active for the season, but tended downwards, in sympathy with dull- ness in Liverpool, and the fact of larger recelpta of hogs here than were expected. which led many operators to look for numerous arrivals during the coming week. Holders were more auztous to sell, and there was little dewand for the speculative articles except to fill shorts, Meats were wanted for export. Germany has recently entered the lists asa competitor with England in pur- chaalng mests from the United States, and Rossla ba also taken several lots, but British buyers are fal Bick. aid tr fe fumored thse imldsuminer tmporeatlons arg Dok Focal ved yah as paeh favor Et formerly. ~ The following table ex! ita the shipments of = visions in detail, for the week ending Aug st Tes. Articles. | Bris. Boxes, | Pleces. Gross - ibe Sidex Sho'lders| Tongues. Hoel * Also 1,706 other pkgs of lard aad 223 do hams, dss Po: more active and rather weak, de- clining tally rbrl, witha marked shrinkage in the diifereiices pald for carrying from une munch Into another, the diifereace being barely equal to the cost Sales" were reported of JO bris cash at of storage.. 31: ‘casl geller September; and $13.45¢ Seller the year closed nominal at $12, 7012.75. \e trieas Dork was quoted at $12,00@12.50, and extra prime do at $9,008.25. a wah dutt at th anb~Was rather more active, though dull at the best, and deciined. 10c per, 100 Bs, with a very tame feeling fn the latter part of the session. Sales were, re- Ported of 3,250 tcs seller September at $9.90¢8.C0. The Market closed dul! at $8, 80@8.82'4 per 100 3 cash oF seller August, and $3.80 seller September. Summor lard ‘was quoted 12}g¢ below the price af wint ~MzaTs—Were. With a decitag et and ashade easter, in ty 6d per U2 fn Liverpool There 26.00; American quiet and unchanged: at $16.07 18.00: Russia sheeting. 10%@11c. Natts—Quiets Cut. $2.50; clinch, $4.5085.25; No.8 horseshoe, 2¢2Ge per ib. en PARTIAL PAYMENTS, To the Editor of The Tribune. Cmcaco, Aug. 4.—The shameful manner in which the “partial payment upon furniture system”? is carried on in this city by some firms is an ontrage upon the poor peoplic who are do Tuded into the idea that they are purchasitg cheap. Such is not the fact. After the pur: chaser has efmed the cut-turoat morteage used by these dealers, and bas paid almost all the indebtedness on the goods, the poor victim often loses all may have aid for because of inability to meet the last payment. An instance of this kind came {n the Way of the writerd aay or two ago, and may serve as a warning t2 others. The firm is doing business on the Wert Side. The victim, a poor woman, had pur chased a bill of goods upon the “installment plan,” amounting to $67.52, with the ander- standing that she could have all the rime she wanted. Time passed, and all the payments were made promptly except the ast’ ont a balance of filty-two cents. At this juncture the collector of the firm took occasion to inswit the woman, and when the brate’s insult 725 resented, he found a pretext to foreclose b's cut-throat mortgage if the 52 cents was uct pala then and there. The woman had not the 32 cents at that ‘moment. Whereupon ber i; sulter brought in a body of menand commence, to move out sii her furniture, for ali of whit she had paid, excepting the 52 cents. dust thea a friend of the woman’s put a stop tothe pro ceedings by paying, not the 52 cents, but asia; deity: increased bill of 310.52, The party, know: ing thenatureofthemortgage, bad no alternative but to meet the demands of the extortlonisé, providing the balance remaining unpaid on the last note was canceled, which the would-be thief agreed to do, but. after getting tle money re~ fused to surrender the note, and still re-ains I together with the mortgage. probably for the purpose of exturting more money from his vie- tim. This is doubtless only oue instance of th? many schemes resorted to by this‘firm for the purpose of robbing the poor, whoare without any means of redress” Let: it be hoped tin, people will learn to transact business with ho-- grable firms and stear ‘clear of such house a ah