Chicago Daily Tribune Newspaper, January 27, 1878, Page 5

E THE CHICAGO TRIBUNE: BUNDAY, JARUARY 27, 1876—SIXTEEN PAGES- . 5 contriboted by the citizens of South Chicago for some unkpown purpose. The city and county taxes, oo, by this flleal msmn; come with unjust weight upon tbe foutn Tow, which pars inall over $150,000 ‘more thau it rightly snould. In order to gt an n:&]h&nuure opinion con- it, a reporter upon :fl'flmg“‘ MIL EDWARD ROBY, well-known tax-lawyer, vesterday, and ob- thewis views on the lezality of the tax. zine T ey arc as follows: he strongest arzument, and, I believe uu; ng;:é{xm:nt in favor of the legalicy o(n't.hls is, that it bhas been taken and sclion 2 “actually - levicd upon the epiarzed valuation, 2od the fact that the as- <sment, and atl the faxes based upon it, for a o Chie the Town of South Chicaigo, of a ity Jike Chicago, will be_ overthrown, is a great make-welght azainst the reason of the law. 1t geoms very clear in examining the statute that {he County Board has no power to increase or dimigish the agzregate assessment of the county, cxcept such increase as may be incldent- 2 1o the computation. For, if the personal property of twents towns is to be increased the onc-thousanath part of 1 per cent, and one town increased 9 per cent, aud . of the real property of the town be de- ressed named percentages, though we carry the perceatage into the thousandth part of 1per ceut, the result will not exactly agree with the argregate of the assessment as made by the Asscssor. But the law requires that the action of the Connty Board shall bie only for purposes of cqualization, and this equalization shall be made by acding percentages to or de- duciing _ them from the property in the dificrent towns according to their classes, and that the difference that is made in the raluation of the County Board shall be such of ouly as is incident to pure mathematical caleu- ns. L e County Board shall find the azgregate assessment of the county too high or too low, 35 made by the Town Asscsor, or, aenerally, so uncqual 86 to render it mpracticable to equal- ize such assessment fairly, they may set aside the assessment of the whole county, or of any uwnship or townships therein, and order a new assessment, with jnstructions to the Assessors to increase or diminish the azgremate sscessment of such county or town- ship, as the case may be, by such an amount is suca Board may deem right and juet in the premises, and consistent with this act.” This quotation indicates the manrer of tle law, and that the County Board shall have uo power to raise the asscssment_of the town 085 to increase the agzregate ¢f the county. The only way that the assessment of the Town of South Chicaro could lawfully have been roieed would have been by ordering a new as- sessment for that town. o In this view, it is clear that the Clerk’s ab- giract submitted to the State Board of Equal- ization, whethier submitted before or after equaluzation, would be the same. Then tne State Board, acting upon the valuation under See. 111, -equalize by adding to the assessed value of tueJands in every county where they e the valuation too low euch rate per- centum as will raise the same to its proper pro- portionate value, and by deducting from the agoregate assessed value threof in every county jn which the State Board may beiieve the valuetion to be too bigh, such perecentum as will reduce the same toits proper vatue. Lots 10d personal property are equalized in the same manner, the principle runnine throuch the whole subject of cqualization being that, as to sach property as is submitted to the County and State Boards for cqualization only, they cndono ack except such as is requisite to reduce or increase the several classes of prop- erty to their just proportions of their agaregate value as equaiized throuzhout the State und 1he anzregate value as assessed by the Asses- betweenthe aruregate value as equalized v county and aggrcrate value as by the Assessors of that county, ex- Terence as zTows out of the impos- of maxis lie computation agree to the 1 the differeuce is larze enough ial,—larze enoush 1o be computed fraction of a per cent, it must , and the cqualization made 50 2st0 prevent” stcis addition to or deduction fruiu the argregate value as assessed Ly the Ss0r. then, to thc question whether it is legal to ex- 1tezd the State tax on the enlarged valuation of Soarh Chicazo. when by that cularzement 20 por cent was added fo the assessed value of thut town, and $2.000,000 to the ageregate cment,of the County of Cook, is toat it is on is that no power is oard to make ‘the in- > of course, is tunda- ¢ of 20 per cent was wholly iticzal 26 made by the Couuty Board. and ali tazes leviud in th wn of Soutt Chicago unon that valuation, whether for State, county, town, @iy, or sy other purpose, are levied upon au wiul smeut, and are, Lo _the exteut meunt is unlawful, without foun- 1 might add that the reason, of course, is that thie County Buard bas no power arbitrarily 10 raise the as: aent of the Town of South Chicazo 20 per cent. And_ yet thar bas been dout...ad the 12x upon ¢ dividual in South Caic it higher than it ought to be: that is, dual in South Chicago is iGg taxes, one-filth of which onaht to have n distrituted over the whoie of the residue State, or over tke whole State, including o, and city taxes, one-fifth of ought to have been extended over the whoic of 11ie City of Chicazo, and county taxes, ore-ifih of 1 ought to have been extended over the Co of Cook. Tie South Chicago 0t be compelled to pay eny part ctax charsed upon bis lofs or persomal wroperty, unless the uniawful proportion cau be sparateid frors tbat which is lawful, as in the wse of the injunetion against the railroad aid taze: d oo the cases of Ramsey vs. Lioezer, znd Walruth vs. Licb, by which seven- uxicenthis of the eutire State tax was taien off from the property of Cook Couniy for the year 153 In theory, no person can be compeiled to an gulawful tax, or a tax upow an unlaw- iv increased valuation, and if it is so levied tne whole levy must fall, or the unlawial 1n- «rease most be ascertained and separated, and ouly the lawfal Jevy coilected. TIE WAR BEGUN. The Merchants’ Savings’ Loan and Trust Com- pauy fileda bill yesterday agamst Mark Kim- bell, Soath-Town Collector, praying for an in- tion against collecting the personal prop- 18 13cs of the bank for the vear 1577 The bill ailezes that the Assessor, upon the taternent of the bank oficers, assessed and velued its personal proverty ot §500,000, and Teiuried that amount to the County Clerk, and e Coanty Clers sent_an abstract of the town asessmient to the Auditor, which was by him k Lefore the $tase Board of Equalizatio After the County Clerk sent the abstract to the Auhtor, the County Board ot Equalization dctermined a rate of 20 vt to be added to e Assessor’s valuation. without dimivishing the arereaate value of the property. Subisequently the County Cleri certified to -duditor anotker abstract of the vaiue of BODeTty a5 {4 had_heen so cqualized by the Coauiy Board by adding 20 per cent as afore- £id, which abstract the Auditor laid betore tie é.um Board asin the former case. But the ‘fisc Board having already acted on the former e “ract, ignored this lafter altozether, and, 2 é:‘m the 1asis of the first certificate orabstract, 3dded to the valuation of the progerty through- vt Cook County, 35 per cent Lo the town, 63 Percent to the city Jots, aud 57 per cent to the ufi‘“. the Siate Board had completed its Lers the Auditor certified to the County Clerk togaes ol addition made by the State Board m& ‘e different, classes of properiy, wherein he b ;4;5! tat taere had been added to the value randie Fersonal property 57 per cent made re- €55 0f the 20 per cent added by the County k‘;{d. and dirceted the Countv Clerk to ex- qdibe rame accordingly, But the County e b extending the taxes first added the 20 b cent then the 57 per cent also. :u:fi“’“ r's valuation of the South Town S LA, and the County Board added o 1 Sent, g it §14,202610. - The amount = "i—J shoald have been §33,159.80, bat it is tiually $40,873. to have excess of 36,637.95_cn- e collection of th i el Mecers, 3. M. Xountree and J. B, Wik ‘A 2pDear for the bank. TIE RATE. Crnigage 3 the Ziditor uf Tie Trivune. B AGO, Jau. 25.—Will you be kind enough izh ‘;’J‘"fl 30 old subscriber (since 1842) how Shmub Pereeniage is on city, county, and ot 8y Xes for 1577 on.the Assessor's valuation uth Chicago? Yours, OLD SUBSCRIBER. of B Fate oer cent on the personal property Clerie 1 Chicazo, as extended by the County ccosd®3: Lad it been extended on the ot 5oy luation it would have buen a Sunty yohier, but the rates in the rest of the ‘¥ would also tiave been increased. —— xt-‘_y'fl{E PARIS EXPOSITION. it 'Axgfl& Jeu. 26.—The allotment of space S :'fl 1 lerkzm exhibitors of the Paris Exposi- g po1 5901 be complezed. It has been found Ecveral of the oriwrinal applicants have de- ot te sexept the epace allotted to them, and :I are being substituted fn thelr places. abont 630 wno originally opplied for f 5‘;';1 =bout 400 have been rrantcd ft. The ‘Mm'i:?r lhymg at the Brooklyn Navy-Yard, \ mm © bave sailed with exbibits on the 00; Will not leave until the 16th. SILVER BOLLARS. The Third Ward Republicans Again Discuss Remone- tization. Taking Advantage of 2 Dimin- ished Audience, the Gold-Bugs Adopt a Resolution Pronouncing Against the Bland Bill. The Third Ward Republican Club met last cvening on the corner of Wabash avenue aud Twenty-sceond street, Mr. A, N. Eddy in the chair. The discussion on the merits of the Silver bill was resumed, Col. A. N. Waterman Delng the first speaker. Il said that however they might differ as to the silver question, they must all agree that within the past four years thecountry had suffered froma great financial de- pression. Vagabondageand paaperism, formerly unknown in America, had during that .time beeome rampant, and the *tramp ¥ had made his evil presence felt throughout the land. Al though he could not by any means impute all the evils which afflicted the country to the de- monctization of silver, he believed that the uction of Conzress In that respect was a step in the wrong dircction, and ffiat to remonctize the silver dollar would bo a step in the right ope. Today $10,000 will purchase as much of any Lkind of property as twice that amount would have donmec five yearsago. Every man who ranin debt at that time now finds himself with property on his hands which will ‘bring not more than haif the purchase-money. The credltor class alone had benefited by this continual shrinkage of values. There was nothing immoral or illegal in a debtor tendering payment in the cheapest currency. M 2 man coatracted to de- liver at a . certain day for a certain price 5,000 bushels of wheat, 'corn, or oats, be would be strictly within the contrac in preierring oats in payment, although there mizht have been an imimense harvest of that grain. It had happened that silver had become more abundant and had fatlen ofl in value as compared with gold, but that fact does not vitiate the contracts made. It had come to pass in the magnitude of modern commereial transactions that ju not more than the one-hundredth part of tk dealings was thercan actual trausfer of s orsilver. 1t had also been demonstrated that the paper money, checls, and bills of exchanze which rested upon a coin Dbasis could not be increased beyoud a certain proportion to the existing coin without brining disastrous re- ct Congress had wiped out one-half of culating wiedium by demonctizing silver. one could doubt. that il Congress, 2s it mizht have doac with equal proprieiy and le- gality, bad demonetized rold, the resalt would have been disastrous. They might bave gone evenurther, aud, onthe plea that gold and silver were both articles of commerce and variable in value, have demouctized both gold and silver, and made PLATINEM THE ONLY LEGAL MONEY. Nobody could doubt that this action would have wreatly interfered with the prosperity of the country by limiting the awmount of “the ex- changes. “The speaker held that nothing so greatly damage an individual or_a nation us a repudiation of lawiul debts, but claimed that nothing in the scmblance ot repudiation was shown in the prope tion to pay the debis of whe country the cheaper currency. It would be better to postpone the resumption of specie payments forten years th ng it on and crowd- ing honest i A great parade was_made of the monthly reductions in the pubtic debt. bat tite two thousand millions now due represeuted a greater burden than five thousand millions would have been four vears Chicago bad lost Jav Gould failed more than four tiries as much by the deprecia- tateas it did by the reat fire. The threw a mitlion men who had enzaged in the army on the labor been [ market, and at the same time threw out of em- ployment another miliion who lad been en- gaded in supplying their wants. The natural consequence of this was a downfall in values, and Conaress in its anxiety to bring about a re- sumption of spe nents had gone so far as to withdraw from circulation a part of the money of the country. ‘The advocates of the siiver doi- lar were not i but to pay th S weizht at the time those debis were contracted. e believea that while remonetization was not a panacea for all the cvils which . afllicted the ood medicine to take, and n. Mr. J. H. Clouzh said that from what he bad read and Leardin the Ciub discussions he had scen reason to change some of his opinions. He had become satisfied that demonetization was not effected by fraud, as he bad at one time sup- posed. e fully agreed with the last speaker the Governmeut had a perfect legal and moral rizht to pay the debt vither in silver dollars of 41245 grains or in gold dollars of 25 8-10 grains, hut douoted the cconomy of making payment in anything else than tie mond f the commerial world. 1u bis opinion the 10ss of confidence in business circles was auswerable for the depr i trade and not the demonetization of silver. malke the dollar of 4123¢ grains a legal-tender for 11 the zold out of the He woulgyote for the remonetization of silver, but wanted the silver dollar to equal the wold dollar in value. Mr. Eldridge G.tKeith belicyed that the only way out of the existing troubles wus for tlic nation to practive the strictest economy and to work right along until it was no longer a debtor nation.” He azreed with Mr. Cloush jn 21l ma- terial points and differed from Col. Waterman as to natural causes baving brought about the commercial trovbles. ALDER had great. faith 1 th tincts of business men geucrally, and successful Chicazo mer- chants in particular, and veatured the assertion that nine-ienths of these gentlemen were op- posed to the remonctization of silver on the Lasis of the Bland bill. He insisted that tae Tepal-tender qualities of the greenback did not N CART make it worth 95} —cents in gold, Dbut that it brought that amount because it was an owder on the Treasury nd redecmable at o certain not re- it were sought to szve relict n_it would be better to joflate the greenbacic. The resulting benefits would then accrue to the whole people, and not to a bonanza Kinzs. e was oppesed to ing silver a lexal tender, tor it was im- iblc to forecast the production of gold and for_ grold. mote date. through intlat silver, and Congress wonld soon be calied upon to amain adjust_the relative values of the two metals. There was no use for a double standard of valucs, and gold, being the more stable, should be adopted. Ifa merchant had two yardsticks, ouc subjcet to expansion and contraction by heat and cold, and the other not liable to fluctuation. peopie would very soud insist that the varaole mcasure shoutd be thrown away. Mr. Witkowski sald that in thirty years’ ness exocrience and travel in except the South, he had never seen an Amneri- can silver dollar. e had seep hzlf-dolia Mexican dollars, and latterly a fow trade-Col lars, but never the dollar of the fathers, le did not believe that the country would be ruined if silver were remonctized, Tor Awmerica as a big conntry, and would come out all riziat in the end. But b did object to the dishonest reasous of the advocates of remonetization. They to pay he que I they would be aple in cneap money, but tioned both the wisdom aid the of such action. A national debt 2 atebt of honor, and when honds were be- issucd by the cord eversbody Dbelieved that thev were ultimately to be paid in ola. That was meant when the word “evin” used, aua if there had been oubt about it, gold would have been speciiied. ‘The aebt was not zoing to be paid in onc vear or ten, of even- wenty yeais; in fact, it was_being paid off a little too rapidly as it was. Th conld o more par in sitver ¢ 1d, for it didn’t own_the silver s iax:niguc‘\!:m it it did it would cost $2 in zold 10 get a dollar’s worth of silver out of them. That was the mencral ratio of Government work toresults. The people would bevery well satis- fied to be left alone, and 1 CONGRESS WOULD ADJOURN OVER for three years everythmg would come ot reht. Silver was an’ inferior metal, aud there was no sense in attempting to force it upon the people as moncy. A retumn fo 3 solid basis might crush mauy 2 mau to pleces. but that was the man's own fault, and not tnosc of the times. Mr. Kirk llawes coutenGed that, Mr. Sevre- tary Sherman to the contrary zotwithstanding, 1hé silver dollar cotned prior to 1873 was not a lezal-tender Jur more than ud that the trade-Jollar_was mot a lezal-iznder at all, and quoted the Revised Statutes of 1574 in support. I his views. - .\lk. R. H. White hoped the discussion would bestill turther continued. The Senste by a vote of & 22 bhad resolution forth claimed _that the debt adopted ~ a to setting that the that foreshadowed their action on the remon- ctization queszion. By this time the meeting had thinned out con- siderably, and, taking advantaze of this fact, the * gold-bugs ”’ snapoed a vote on thc resolu- tion * that the Bland Silver bill, as passed by the Mouse, is hostile to the best juterests of the country,” and the Chair pronounced the reso- lution s carried. The Club theu adjourned. NASHVILLE, Jan, 20.—At a foll meeting of the Merchants' Exchange this mormng the fol- lowing were unanimously adopted: Wieneas, Throwsh the cstablished relations of value existing for years past between zold acd silver, the veople have acquired rights that should be scrnpulously auarded, and any abridgement or impairment infiexibly resisted, justly leaving the results to those who kave wrongfully been the ag- gressors in the movement to destroy the uscful- ness of sitver as a stable, reliablo currency; there- fore, Riesolred, We respectfully but carnestly urze Conzress torepeal the act prohibiting the colnage of siver doMars of standard vaiue, and to provige for the same irecdom of coinaze of sliver as is now. accorded to gold, and by appropriate action pub- lish to the svorid the determination to retain silver as the lezal-tender and measare of value. . The resolutions were prefaced by a lenzthy memuorial to Congress, presenting the depress- ing effcct upon commerce of the demonctiza- tion of silver. A resolution was also adopted calling a gen- cral meeting of citizens on the same subjeet in this city nest Saturdar. Kaxsas Crry, Mo., Jan. 26.—At a session of the Board of Trade held in this city to-day the following resolution of thanks was unanimously passed: Reeolred, That the thanks of tmis Board of Trade be tendered to the Semate of the United States {tor its action in adopting the Matthews reeointion; that we recommend that 2 mass-meel- ing of the citizens be held at the Board of Trade next Monday afternoon at 3 o'clock: to offer thanks in bohaif of this community and the entire West. FREE BOARD OF TRADE. Opening of the, New Public Produce Exchange To- Morrow. BRadical Modifications of Board of Trade Business—Every Nan - His Own Broker. Niddlemen Abolished, and Each Operator fo Conduct His Own Transactions on Keeurate Information. People who are tot members of the Board of Trade have often wondercd whya few men should assume the right to turn a great diver- sion of general business into a monopoly. The ucky fellows inside its membership have here- tofore been able to exclude from its orivilezes anybody not able and willing to pay $1,000 cn- wrance fee, and to fucur all the risks and expenses attached to its operations. In acdition to the exclusiveness of the monop- oly, the business man wko wished to profit by an expected change in the markets could not go upon the floor of the Board aud watch his interests for himself. He must employ a broker to do it for him. He must take the broker's word for evel thing, not merely tor the allezed fluctuations in prices, which may or may not be correctly reported, but alsu, in most cases, the broker's advice, as to what It is best to dv. The broker may advise the very thing which ought not to be done, but the non-Board-of-Trade spe lator is compelled to risk his money in the dark, and may lose every dollar he has should the broker prove honestly mistaken or willfully de- ceptive. Whether he lose or zain, the broker must he paid his commission of one-fourth of 1 per cent, or any higher rate or additional con- sideration which may bave been asreed upon. The system of brokerage or mddlemen is one of the worst, the most expensive, and the most pernicious, a5 it is the most danserous, of the ceuliar features of the management of the {(u.\rfl of Trade. The broker is sowctimes not inaptly called the man who *‘Dbreaks? his fel- low-mea. Any modification of the Board-of-Trade pro- ceedinas which would accomolisnfor the general business public the following changes would be a manifest blessing for all concerned : Abolition of the $1,000 membership fee, and the throwing open of Board of Trade operations to every man who wishes to participate. Abolition of tne middieman. Abolition of the entire system of brokerage, 50 a5 to save the risk and the expense, and make every man his o broker. Adoption of means by which every operator may ece for himsell instautancously “with their oceurrence the fluctuations of the market, so that he may use his mouey with an absolute ver- tainty of knowing what he is doing with jt. Abolition ot the din and clamor of the open Board, and the institution therefor of an order- Iy mode of procedure whose quictness will cu- able men to reflect,—to *‘look before they leap.” A\ 'modification of the liberty of an operator to rain hmself. me pasta “ Public Produce Ex- ze ” has been in prosperous operation i # York, cmibodying most_of the d characteristics just outlined. Mr. W, C. Lincoln, a gentleman thoroughly experienced in the de- tails of all zrain and produce transactions, has decided to establisi a similar fnstitution in Chi- cago, adapiing it fully to the local needs. Iie has obtained the spacious ball just behind the Board of Trade Building, formerly known as “The ‘Toledo, the rear entrapce in the alley eonnecting with the Board of ‘Irade, the tront entrance being on Madison strect. This spacious and couvenient place has beca renovated through- out.and put into first-cluss condition for the new purpose. It witl be opened to-morrow for regular business. A description of the hall and of the manner in which the business of the C| eagzo “Luolic Produce Exchange? is to be con- ducted is nee f iuteresting, Upon the west sideof thic balf isn great black- board: facing it arc ahundred or more comfort- able chiairs. A Jarge and conveniently-arranged office is partitioned off. Telearaphic apparatus is provided, establishing instautancous commu- nication with the Board ot Trade and the chief commercial centres of the conn; The sligl:t- est variation in prices on the Board will be in- stantancously chalked upon the blackboard in figures properly divided olf and naturally group- ed, f0 that, at cvery glance, the comparative condition of themariets will be perfectly under- stood. Thusevery manwill beenabled to transact hiis own business, without paving out money to brokcrs to transact it for him—or for them- A customer wishing to take advantage, sav, of a rise in_wheat, watenes tiie quotations on a blackboard, and when a figure - that snits him is reacled, steps over to the office, calls for, say, a contract for 5,000 husicls, and puts up 350 marain. I the next guotation is lower, and exhausts his margiu, he loses it. I it js Ingher, tac office returns the marzin, and $50 or more in addition, according ¢o the extent of the rise. The management of the Exchangze is sustained by a commission of ¢ of 1 per cent,— the smallest rate known in commercial afiairs; bauks charge twice 2s mucn on United Statcs Government bonds, and Board ol Trade brok- TSty inuch and more i€ they ean get it. No person will be permitted to take more than a 5.000 deai at a time,—he may take less it he 0oses, but 1 bave the salutary cffect of e rush or excited men” from running the losing every cent thev hiave iu a moment of wild hope Wlicli may turn out, by a sudden whim of trade, trous. The middlemen and brokers, whose “shay- ine™ operations wiil be s v interfered with, may objcet to the Public Produce Ex- change. 'The larze and regular dealers heartily approve of 1t, as does, of course, the general public, to whom it most substantizl advan- tage. It will be iikely to put an cud to the “ pat-and-call ™ al will reduce to small dimensions the how witich disturbs the Board of Trade loeality du the middle of each day. Sir. Lincoli, to whose capacity and experienco the proprictorshin and masagement ot the Pub- lic Produce Exchange is trusted, is heavily backed by New York eapit ———c— GIRARD COLLEGE. Stectal Dispalch (o The Chicagn Tridune. PRILADELPIIA, J2n. 26.—The henefits of G rard College arc beginning to be extended to pupils from other States. One was admiited last year from New York, and additional stran- gerswill be amomyg the 116 pupils admitted during January and February. There are about adozen vacanaes still. Anpiicativa should be made to the Secretary of the Board of Directors. There are now 870 pupils, which number wiil be_grad- ually increased until the meximum number of 2,500 is reaciied, for the free education of whom Girard’s enormous bequest has amply provided. e SUICIDE. Special Dispatei to The Chicaga Tridune. 156r1zLD, Iil, Jan. 25.—Frankic VWhite, y Meyers, a vonag jinmate ot a bagnio here, and originally from Bloomington, com- mitted sulcide to-day by taking chloroform. The testimony at the Coroner’s jury to-day de- veloped the fact that she Lad averred she was & bonds were payable in cither gold or silver, and | tired of life. " BYDE PARK GAS. Serious Cha-ges of Frand and Corrup- tion Preferred Against the Ifanagers. Strange Danipulation of the Stock in the Interest of a Small Ring, The Law Invoked to Straighten Qut the Company. Henry Kerber and John F. Temple, stock- holders in the Hyde-Park Gas Company, filed a bill in the Circuit Court yesterday agaiust John C. Woolles, 1. C. Woolley, Horatio L. Waite, and Eugene C. Long, officers of the Compauy, praying for au injunction and the appointment of a Receiver. The bill alleges that the Com- pany was orzanized on or about the 26th of May, 1571, for the purpose of manufacturing illuminating gas, and the distribution and sale thereof to the inbabitants of Hyde Park. Its corporate cxistence was fixed at fifty years. Being organized, its cavital stock was subscribed and paid iu, and business entered upon. In the prosecution of this business the Company be- came possessed of property, upon which works were erected, and siuce las accumulated and now owns property of - considerable value in Tlyde Park :%in 1871 the Company became indebted in 2 considerable amount to the Northwestern Gas & Water- Pipe Company, of Bay City, Mich., for gas pipes. Unable to pay, the officers proposed to the Gas and Watcr-Pipe Company to turn over, cither by way of liquidation of the indebred- ness or as collateral security, a large amount of the capital stock. At that time the capital stock of the Company was fixed at $50,000, di- vided into shares of $100 each. In carrying out ‘this position 430 shares were transferred to the: Gas, & Water-Pipe Company, and became Jts property.. Oun tho 1st of December, 1871, tho Uyde Park Gas Company was reorzanized, and, the 843,000 veinz voted in_the interest ot the Gas & Water-Pipe Company, the otlices were filled * by ~ partics selected and nominated by Duringr 1372 and 1874 the Gas & Water-Pipe Company having be- come indebted to various partics used and pledzed the Hyde Park Gas Company’s stock as collateral,—241 shares to Heman Baldwin, of Chicago, to secure $12,000; 140 shares to John 8. Jenners, of Detroit, Mich.; and 50 shares to Sarah Day. On the 20th of October, 1575, the Gas& Water-Pie Company being insolvent and unable to pay its debts, mide an_assixmment to assigoees, wio took po: ion of the property, and have since been a nistering the trust. After the assignment Baldwin sold the stock hield by him, and it was bought inin_the inter- est of John . Temple and_Jobn C. Woolley, both _ being stockholders in the Gas & Water-Pipe Company, nnd It being understood that they “were to become owners of the Gas Company stock fn the same prdportion in which they were inter- ested in the Gas & Water-Pipe Company, Temple to have two-thirds and Wooiley less 1 one-third, the division to be in propartion of 25,400 to 12,000. There has never been o di- on, the stock being kept and voted in a body at ‘all the elections of thie Gas Cpmpany. At the' reorzanization in 1871 Johu C. Woolley was elected, and has always continued to be, a Director, and the Secreta d ‘Treasurer, hav- ing the generul management and supervision of the business. Shorily before the asstenment wade by the Gas & Water-Pipe Company, May 1, 1873, the stockholders who then composed tile Gas Company agreed, and did vote May 1, 1573, to increase the capital stock of tne latter, Wwitlt the view aud with the purpose of making a large issue of SECOND-MORTGAGE BOXDS to be secured by the property of ths Company. The first-mortgaze bonds agaregated $39,000. The understaading was that the tunds realizzd from the sale of Londs should be offered to pay off the liabilities of the Gas & Water-Pipe Com- pany and of the Gas Company.. No additional stock of the Gas Company, however, was cver issued or subscribed for, uader the resolution of May 1, 1873, but the capital still continues to be about §50,000. At a meeting of the stock- holders of the Gas Company Jau. 15, 1875, a resolution was adopted authorizinz the Presi- dent and Secretary to borrow §100,000, and to mortgage the property of the Company to se- cure the debt, and to issuc bonds for the pay- ment of the same. This is alleged to be in fraud of the interests of the Company and the stockholders. In pursnarice of the resolution John C. Woolley had printed 100 bowds of $1,000 eaci, and made ont the mortgaze. Tacse, Tewple, as Prestdent, sizned, upon tbe express understanding and agreement that the bonds were to be used only for the purpose ot retiring the outstanding tirst-mortzaze bonds and pay- ing off the floating indebtecness. None of the bonds were used lor retiring the first-mortzase bounds. The latter to tiie amount of $30,000 are still outstanding zud unsettled. Joan C. Woolley, zs allegcd, has from time to time put them out sceretly, but how many he has thus put out is unknown. Two, howerer. were given to Eugene C. Long, a Director, to be used in his own personal matters, and it is feared that Woolley, *“in pursuance of his fraudulent de- simns and purposes,” ds endeavoring, or will cndeavor, to megotiate =znd dis- of the bonds to persons who » no knowledre of the circunstances of tacir issue, whereby they may become s charge upon_the property of the Company and the stockholders. Six of the bonds were also de- livered to Thomas Davies, as collateral for the Company’s indebtedness to him, and subse- ven back to Woolley for *“safe keep- nce this Jast delivery, which was it is alleged Woolley has nego- tiated and disposed of to third persons one or more of the houds. ~Shortly after the exceution of the bonds he delivered tiventy of them to the Seereiary of the Gas « Water-Pipe Company, by whom they were pledged, fourteen to parties in Detroit, and six to the First Natioral Ban! of Monroe, Mich. The latter were stolen. The former were sold by the holders, and bought by Woolley at “the raic ol per cent of the par value, and he caused tuem to Le transferred to partics unknown, Jargely in his own interest, claiming now that they are outstanding aud a charge acaivst the Company; and it is fearcd that he .will scek to dispose of the same if he has not alrcady done 50, and sec the enforecment and payment thereof. Atier the pledze of the 140 shares of the Company’s stock before mentioned, and upon the sale thercof after the insolvency of the Gas & Water-Pipe Company, Woolley pur- chashed them at 10 per cent on the face value, causing the title thercto to he taken in the name of his son, I1. F. Wooiley, who has voted on the shares. All of w the orators Mareh 1, 1 allege is in fraud of the rights of the Company, and in violation of the dutics and ebligations of the said Woollev as Seeretary and Treasurer. They further ‘*show ” that since he has been in the control of the manaze- ment of the Company he has been * extravagant and incompetent,’ and has controiled it, not in the irterest of the Company, but to furtber his personal aims and his family intercst. While heallowed himself 3500 a y employed his son, W. F., asa kind of g employe,” at a galary of S1,2%0 a year,—an ex- -cessivé and uncalled” for amount,=\W. F. being dissipated and £ AN IMPROPEE PERSON to hold such an office. Under J. C. Woolley’s management the financial matters of the Com- pany have from year o vear Decome more involved, and its indebteducss has constantly increased. He has not ren- dered, as the orators believe, true accounts vf_moneys received, d has been in the habit of supplying his houst in whole or in part with fuer from the Company’s works, wittiout, as 13 believed, tivereror. 1is books have never been ibited to the Direct- ors. Iy reason of his inconpetent and frandn- Ient management the Company is now insolvent. There has been defauit in the payment ol the interest on the second-morizage bonds, fraudu- lently fssued. and suit has b d upon one or more of them agais the result of which will be di Company, And it Woolley continue to issuc the bonds tuc in of the Company will be totally incompetent to pay the interest thereof and the current “expenses of the works, and the result will he the total bankruptcy of the Hyde Park Gas Company. The works are valuaile, aad, if manazed with skill and cconomy, the in- come for the sale of material and manufacture and supply of gas would be amply suflicient to pay_expenses and return a dividend to the stockholders, besides payini the interest on the just bonded indebtednes, and providing a sink- ing fund for its discharge atmaturity. No- notice was given of the last anuual mecting by Woolley, but Tempte was present, receiving no- tice the previous eveninz, after Woolley’s atten- tion was called to the matter. Tempic wasre- elected President. Woolley then,without consul- tation oragreement with Tempie, madeadivision of the votine of the Baldwin stock, assizning 120 shares to Temple, aud_taking and claiming as- bis own the remaining 120 sharea. . Tuese, With the 140 shares claimed to be the property of his son, W. F. constitutc a majority of the capital stock o the Company. and gives Woolley, tozether with bis son, if the same be allowed to staud, the absolute control of the Company, and the election and sppointment of oflicers ana agents thercof. At this mceting Woolley was re-clected Seeretary and Treasurer; Engene C. Long. who has been an agent of Woolley’s in disposinz of, manipulating, and- laodling the second-mortgage bonds, was_elect cd Vice-President; and H- T, Woolley and Ho- ratio L. Waite, Directors. Temple says that he is the principal stockholder in respect, to all the stock that hos o legal footing, and Kerber holds thirty-six shares of the number heretofore be- longing to Temple. They are left Lelpless as to the protection of their interests in the Com- pany, stoce the Woolleys and Lang, a majority of the Directors, have combined and coufederated in 50 managmng its afluirs ss. to practically znore their rizhts. Temple did not votc av the election. Rezarding the 140 shares claimed to be owned by H. F. Woolley, he says that I F., at the time of the purchase by J. C., was an employe of the Company, and dis- abled from that fact, and alse from pecuniary inability to pay for it, to take the stock. The payment of the purchasc money was by borrow- ing the amount from Baldwin, which borrowing is understood to have been arranced for by J. C. by the pledzing of the stock for the amount. The” stock is in cquity, -subject to be surrendered to. the Company upon the repayment to Baldwin of “the amount vorrowed, with_intorest: thereon. - Long is now oftering and. groposlnz to sell the second- morteage bonds which have not passed from J. C. Woolley’s hands, and the_orators belicve and fear Long, J. C., and W. F. will spcedily dispose of themn unless restrained by an injunc- tion. J.C.and Long arc men of but Iimited means. and will not be able to compensate in damages to the orators or the Company such loss as might be incurred from . THE FRAUDULENT 13SUING of these bonds. II. F. is entirely irresponsible. ‘I'he orators therefore pray that s Reeciver may be appointed to take charge of the property, as- sets, and works of the Company, and that J. C. Woolley and his confederates and associates may be enjoined and restrained from newo- tiating, selling, or disposing of the second-mort- gage bonds, and may be compelied to surrender the same, in order that they may be canceled and destroved; that the 140 shares purchased by J. C. in the name of his son may be decreed 0 be delivered up and surrendered to the Com- pany, and treated and held as its sole property, the Company to repay d. C., or his son, what- ever sum it shall appear they may bave ingood faith paid out for the stock; "that the $14,000 in second-mortgage bonds, purchased and taken in the interest of and by the procurement of J. C., may also be decreed to be surrendered and canceled; that the rights of the orators in the 240 shares pledged with Baldwin may be ascer- tained and_ determined, and dividea between Temple and Woolley in the proportion of 25+ 874ths to Temple. THE RAILROADS. TIHHE EASTERN FREIGHKT WAR. That little blue card which accidentally fell into the hands of a TrinUNE reporter, and the contents of which were published in yesterday’s TRIBONE, caused 2 genuine sensation in railway circles. While it was generally known that the rates were being out both on East and West- bound business, yet no one had an idea that some lives had gone so far in falsifying the weizhts on the bills of lading in order to sccure business. Speculation was rife as to who was the real culprit, aud most railroad men secemed to think that it was the Wabash and the Cannda Southern. Great efforts were made by a TmisUNE reporter yester- day to find out the offending partics, and lay the blame where it properly belonged. ‘His efforts were crowned with sucebss, and Tue ‘TRIBUNE Is coabled pow to state positively ‘that the cards were not issued by the above roads, but by the Red Line, which runs over the New York Central and Lake Shore & Michizan Southern. This'proves the correctuness of THE TRIBUNE'S intimation that the New York Cen- tral was the real culprit. Most shippers inter- viewed In regard to this matter ackuowledged that they bad been supplied with such cards, but, us tkey were furnished under the seal of secresy, they refused to saucal aud state from whom they were received. Finnll{ the agent of a prominent Boston firm was tackled, and be voluntecred the finformation that the cards were brought around by an agent of the Red Line about two weeks ago, aud that the drawback applied on Boston business coming west overthe Boston & Albany, New York Central, and Lake Shore & Michigan Southern. Ifis house had been getting the benelit of this reduction in weight since the 15th of this month, and besides ths the rate on re- fined sugar from Boston_ to Chicazo had been reduced to 25 cents per 100 pounds, while the regular tariff rate was 45 cents. Since the Red Line bad made this concession the agents of the Blue Line and Great Western Dispatch had been around and offered 'to grant similar benefits il the business was miven to them. The Red Line and Canada Southern Line also grant to shippers 1 per cent per ton for cartaze to their ireizht depots From this it can be scen that the war was vi tually in full blast when the Grand Trunk be- an to cut the rates from Boston and this ex- plains why Mr. Fink, the New York Pool Com- missioner, did not come_to -an understandiag with General Manager Hickson. Under such circumstances it is evident that the meeting of the trunk line Presidents Monday will be nothin more than a repetition of the farce enacted 3 short time ago. Not for a singie moment huve their - resolutions been carried out or the agrecments entered into maintafned. While the various Geueral Freight Apeuts, in accordance with directions received from the trunk-line Presidents, signed the agreement to maintain the rates, their subordinates were making the rounds among the shippers, offer- ing them special inducements. This war must necessarily £o on until the trunk-line Pr dents sce 1it to ferret out the parties who caused all this trouble and have them dismissed from the positions which they diszraced. Not until then can the railways in this country hope to see remunerative and uniform rates inaintaived, MORE CUTTING. A correspondence s now going on between the General Ticket and Passenger Agents of the Michizan Central, the Wabash and other roads in regard to the cutting of East-bouna passen- ger rates, an account of which was given fn yes- terday’s TribUNE. The General Ticket and Passenger Arents all scem to be of the opinion that the troubles can easily be overcome, and that there is no necessity for a reduction in rates by any of the roads. THE ASHES OF COLUMBUS. Finding of tho Great Discoverer’s Bones. New York Times, Jan. 21 There is little doubt that if Barnum were still the great showman that he once was, and had a proper moral museum in which to exbibit the strange crcatures which bature and art were formerly so kind as to place within his reach, he would loug amo have given the lovers of antiquarian -subjccts an op- portunity to look upon the dust of Christoph- er Columbus, if not upon an entire skeleton of the discoverer of America. It has remained for another man, not a showman, to introduce apart of the Genoese navizator to New York City, and there is no provability that the inti- nitety small and entirely unrecognizable part of limthat has been brouht to these shores will ever fall under the observation of u public that would take & melancholy aetizht in doinz hom- age to so valuable a curiositv. Mr. Castello, & civil enzineer who has been employed upon the Cathedral at San Domingo City, arrived in ity, a few days ago, on bis way to Rome, and 13 stopping in Washingion plave. A Zimes reporter called upou hum fast evening, to learn waether the report was true that be had been a witness of the discovery of the remains ot Columbus under the aitar of San Domingo Catneural. Mr. Castello said that it was true. Jie then 1 a passage in the will of Colutabus, 1t had s been believed that the discoverer was buried in the Cathedral, for he lad cxpressed the desire, and therc were ac- counts that strenzehened the belfef. The ezact spot in which to look for the body. or tho boues was not indicated, but there was a irenerai impression among antiq u:ul:mLs tthm, the ams of Soine great man or i great treasurc Jay beneathh the altar. On Sept. 10, 1577, as some of the men under Mr. Castello’s charze were dieging beneath the altar, ke camc apon a leaden box 43 centinetres long, 2034 broad, and 55 deep. This box was covered by a large stone, which bad evidently been laid upou 1t to discourage carcless hunters for treasure. The box was made with great care, of heavy sheet lead, and without any iron except a small serew that had been used {n fastening a plate containing one of the most significant inserip- tions found in the inclosure. Mr. Castello says that the inscripiion on the leaden box at once convinced hlms th;)z u;e tmglg:n§ l:&:il:x‘rw#(c:: an Domingo 2T S sod grounds. I bore the words: Iitrey Esdo Varon Du Cristobal Colon. : .In.tile box were found a8 number of bones, yellow and wasted with aze, and in the bottom of it was a handful of dry mold. dIr. Castello said that he had abundant opmortunfty to help 1 Limself to the bones . if he chosen todo so, but he did not. He satisfied himselt by selecting a pinch or two of dust, which. e reverently carried away, and afterward de- posited in a small vial. lie showed this to the Teporter, and, taking an_envelope from his Eockcthaok. he produced a samplo of the lust, contained in a bit of folded newspaper. He beld it out with admiration. It looked for all the world like a pinch of catarrh-snuff. The workmen, Mr. Castello said, found in the borx, among the bones, a silver plate about two and a al! inches long aud less than an foch wide, on the face of which was the following inscrij Ta. Pte. de los rtos. del ormr Alte D. Cristobal Colon Des. An inquiry was immediately instituted. The Right-Rev. Dr. Coechia, Bishop of Owpe, Apos- tolic Detegate of the Holy See in San Domingo, Venezuela, and_Hayti; the Rev. Bernardino @’Emelis, the Bishop's Secretary; the Canon Rector, and fouuder of the Colleze of San Luis Gonzaza and the House of Charity; Don Francisco Javier Bellini, President Bacz, the Common Council, Don Jpse Manuel{Echeverry, Consular Representative of Spain, and all the Consular representatives of other nations were present. The inscription on the silver plate was read in Spanish—*Una parte de los restos del primer Almirante Don Cristobal Colon, desenbridor,” or * A portion of the remains of the first- Admiral, Doa Christopher Columbus.” The boues, which did not form a complete skcleton, were numbered, and a list of them grcpared by Dr. M. A. Gomez and Dr. J. De J. remes. After the examination, the casket was sealed and placed in charze of Father Bellini to await such disposal as should bedeemed fitting. A zrand display took place upon their removal. The Spanish authorities sent Don Lopez Pruto from Havana to make further investigations, and_ several sessions of these cxaminers were held, nothing new being clicited. Mr. Castello will In a day or two recelve photographs of the coffin and inscription, and before long will o to Rome with communications from citizensof San Domingo asking for advice and assistance in the matter of erccting 3 monument to Columbus. He does not say whether or not he intends to have his samnice of Columbus immured in this city and marked with a coutinental monument. If the San Domingo remains were carefully di- vided, there would be enough of Columbus to give several citles an excuse for building mon- uments, and would add a realistic interest to the memorials that a strictly cmpty monument would not be expected to posse: ——————— RETURNED TO WORK. ‘WHEELING, W.Va., Jan. 26.—The coal-miners of this scction, who struck some three weelks or 8o ago for higher wages, to-day returned to work at old prices. i SLANDERING NEIGHBORS. The commission firm of M. T. Soule & Co., successors to Rumble & Co., 130 LaSalle street, will mive $100 for the presentation of o bill due and unpaid or a dishonored contract to the amount of 81. We never have failed. We donot owe a dol- lar. We do not slander our ncighbors as they do us. ——— GOOD NEWS, Every morning from 8 to 9, free of charge, teeth extracted with care and skill at the well-known McChesney Institute, corner Clark and Randolph. The finest gold and enamel filling at the lowest rates. It is a practical impossibility to get Any better set of teeth than the $8 plates. ————— THE DIAMOND PARLOR. To-morrow (Monday) Mr. W. E. Higley will offer some rare bargzins in small and medinm- sized diamond car-rings. e carries constantly in stock large fine pairs which are not duplicated in tne West. His parlor is at 125 State street, corner Madison, second floor. . RUsIC. Applications for admission to Fuchs’ Popular Music School received daily at Baner's musicstore, Palmer House, from 4 t0 6 p. m. Terms per quar- terof twenty hour-lessons in three elementary classes, respectively, $6. $12, and S15. el by IT IS POSITIVELY THE BEST SEWING-MACHINE everoffercd to any public. We refer to the new No. 8 family machine recently izsucd by Wheeler & Wilson. Learn the numerous and decided advan- tages it claims over all others, at 153 State street. ———— CHAPIN & GORE, 73 and 75 Monroe street, have resnmed specle- payment, and are now payiny out gold coin for change to the amount of over $1,000 a day. T The Atmosphere of Love is 2 pure, sweet breath. _This desideratum is one of the resnlts of using Sozodont, which not only mvigorates and prescrves the tooth, but renders the month a3 {ragrant 28 a rose. VEGETINE. VEGETINE Purifies the Blood, Renovates and Invigorates the Whole Sysiem. 1TS MEDICINAL PROPERTIES ARE Alterative, Tonic, Solvent, and Diuretic. VEGETINE is made exclusively from the juices of carefully-selected barks, roots, and herbs. and so strongly concentrated that it will effectually erad:- cate from the system every taint of Scrofula, Scrofulous Humor, Tumors, Cancer, Cen- cerous Humor, Erysipelas, Salt Rheum, Syphilitic Disesses, Canker, Faintness at the Stomach, and all diseases that arise from im- pure blood. Sciatica, Inflammatory and Chronic Rheumatism, Neuralgis, Gout, and Spinal Complaints, can only be effectually cured through the blood. For Ulcers and Eruptive Diseases of the Skin, Pustules, Pimples, Blotches, Boils, Tetter, Scaldhead, and Ringworm VEGETINE has never failed to effect a permanent cure. For Pains in the Back, Kidney Complaints, Dropsy, Female Weakness, Leucorrheea, orising from internal ulceration, and uterine dis- cuses and General Debility, VEGETINE acts di rectly upon the causes of these complaints. It in- vigorates and strengthens the whole system, acts upon the secrétive organs, aliays inflammation, cares ulceration, and regnlates the bowels. For Catarrh, Dyspepsia, Habitual Costive- mness, Palpitaiion of the Heart, Headache, Piles, Nervousness, and General Prostration of the Nervous System no medicine has ever given such perfect eatisfaction as the VEGETINE. It punfies the blood, cleansesall of the organs, and possesses & controlling power over the nervous system. ‘The remarkablie cares effected by VEGETISE have induced many physicians and avothecaries whom we know to prescribe and use it in their own fawmi- lies. In fact, VEGETINE is the best remedy yet discov- ered for the above discases, and is the only relable BLOOD PURIFIER yet placed before the pablic. TUNQUALIFIED APPREOTATION, Bostos, Nov. 18, 1875.~11. R. Sterens, Eeq.— Drsn Si During the paat five years I have had ample opportanity to judze of the merit of Vzax- TINE. My wife has used it for complaints atte: inga lady of delicate health, with more beneficial results thap anything else which she ever tried. I have given it to my cnildren nnder almoet every circumstance attending a large family, and alwars with marted beneft. "I have taken it myself with such great benefii that I cannot find words to ex- ¥ nnqualifed appreciation of its guodness. ¢ performing my duties as o police officer in has been my lot to fall in with a great deal of sickness. I unhesitatingly recommend VEoTTINE, and I never knew of a case where it did not prove all that was claimed for fr. Particalarly in cases of a debilitated or impoverished state of the bioad ita cffccts are really wonderful: and for all complaints arising from an impure state of the blood it appeazs to work like a charm, and I do not believe there are any circumstances under which VecgTixz can be nsed with injurious results, and it will always afford me pleasureto give any. far- ther information as to what 1_know ‘about Vegk- TINE. WAL B, TIILL, Police Station 4. OANNOT BE EXOELLED, CrantEsTowY, Yiass.—1l. R. Stecens : This is to certity that I have nsed your *-Blood Preparation™ in my family for several years, and think that, for Scrofula or Canlkerous Humors, or Rheumatic af- fections, it cannot be excellcd; ond as a blood orificr and oprinz medicine it is the best thinz 1 Bave cver nsed, and I have nscd almost oversthing. I can cheerfully recommend it to any one in necd of such & medicine. . Yours respectrully. MES. A. A. DINSMORE, 19 Russeil-st. VEGETINE PREPARED BY H. R. STEVENS, Boston, Mass. Vegtine is Sold by All Druggists. BLY Goons. The Great Bargains Offized at Our Closing-Ont Sale of Win- e Goods. Ladies Lost in Astonishment at Gur Incomparably Low Prices. $75,000 Worth of Winter Dry Goeds {0 be Closed Ont Regardless of Cost at i [mmense Sacrifice. Read carefully the following re- ductions. Try every house in the city that pretends to sell cheap, then call and examine our stock and prices and judge for your- selves. B 15¢ Snowflake Dross Goods reducad to 8 75¢ Black Fronch Cashmora reduced 10 45;:_!:5:(3: qualities reduced in like pro- portion. 200 Black Alpacas reduced to 13%c. 35c¢ Tycon Reps reduced to 12'c. 48c Matelasse Dress Goods reduced to 20, $1.35 Bouratte Cloths, 52 inches wide, ro duced to 40¢. 35¢ Table Linen reduced to 30c. 5 Ladies’ Cloaks reduced to S: 7 Ladies’ Cloaks reduced to $3.50. $10 Matelasse Cloaks reduced to $5. $15 Matelasse Cloaks reduced to $8. $30 Matelagse Cloeks reduced to $10. gls()% Ssflfiksinflfl%nk: rfidd‘;xu_eed 10 $50. 'rench Se: urs, 8 and 'fl\;l:iezdsfiol 53.52. Honsze: ets of Ladies’ Lynx and F F:‘fj’ g‘f‘;‘"’;’é" . rench Seal ob lot of Children's Furs to be clos out 2t 50 and 75¢, worth $1 and $1.50. o $12 Ladies’ Mink Furs reduced to $6. $16 Sets reduced to 8. $20 Setsreduced to S10. $30 Bets reduced to $15. N L X yards ot Hamburg Embroideries be closed out =t 3,4, 5, d:‘s, and 10¢, x;‘vor:z double. airs Kid Gloves, slightly damaged, 1,000 p to be closed out at 15c. Lonsdale Cotton 8l3¢. ‘Wamsutta Cotton 1lc. 75¢ Unlaundried Gents® reduced to 50¢. New Yok Sl 284 & 286 West Madison.st. LINENS. SPECTAL NI, Just received 30 cases Ta= ble Linens, Towels, Napkins, Towelings, andBed Spreads, from Awuction, at about ome= haif the regular prices: 50 doz Towels at 5¢, cheap at 8c. 100 doz All-Linen Huck Towels at 7, 8, and 10c, worth double. 100 doz All.Linen Huck Towels, size 18x38, at 12 1-2 and 14c. ' 40 doz Fine Damask Towels at 25¢, former price 40c. 100 doz Fine German Damask Tow- els, knotted fringes, size 22x42, at 50¢, former price 75¢. 50 pes Loom Table Linen st 25c, 30, 35, 40, and 50c. 25 pes Bleached Teble Linen at 45¢, cheap at 80c. 25 pes Bleached and “Cream Dam- ask, 68 inches wide, at 70c, worth $1.00. 100 pes Bleached Damask at 50, 6O, 85, 75, 85¢, and $1.00, fully 20 per cent below former prices. 500 doz Bleachod Napkins at 85¢, 75, 85¢, $1.00 and $1.25. 100 doz extra fine Napkins at $1.50, $1.75, $2.00, former price,$2,00, $2.50, and $3.00. 50 pes Fine Turkey Red, 84 inches wide, at 70c. 500 pcs Crash Toweling, good qual- ity, st 7, 8, 10, and 12 1-2c. Genuine Lonsdale Cottons at 8 1-2¢. Genuine Hope Cottons at 7 1-2¢. And ali etizer popular brands at manuiacturcrs’ MAIN STORE, 14 & 116 Siate-st KUMYSS. ARBNDS - KUMYSS gr3ulk-Wioe, o delictozs, sparkiing beverage of won- dertul restorative power, eapecially_beneticlal a dra; pepata or gencrai dehility. [t relinves the dlstress of dyspepsia immediately and makes the stomach tolerant of otlier food. It rapidly flls the veins with hezithy blood, produces a_cicar complexion and pnmpoeni. The renown of my Rumysa, earned within the last thres years. hias canseq numeronix {ml:ations to appear. De- ware of these unwholesome compounds. ' Send for circulars. A, ARENL, Chemlist, 170 Madison-st.. centre of bluck. LEGAL. TREASURYDEPARTMENT Orrice or CoxrrroLLze or Tz Ctenrcy. Was- IXGTON, Dec. 3, 1877.—Notlce 14 heredy civen to ail ersons wiio may haye clalins azainst the Third Natlnal ank of Chicago, 1L, that the same must be prewcnte toHanttngton V. Jacksor, Lecelver, with the legal Proof thereof. within three monshs from this dae. o iey wiil be disallowed. ENOX. JNO. JAY E Comptrolier of 1he Cureacy. ZIEDS. | Imported Hartz Mountaln and * Deligian Canaries, Parrots, aad Ut~ | namental Birds &t lowest pricee, | Cakea and scleattacally prepared food. ' XEW YORK BIERD STORE, ear the Bridg 1281 Tadizp: