Chicago Daily Tribune Newspaper, February 9, 1879, Page 6

6 THE CHICAGO TRIBUNE: SUNDAY. FEBRUARY 9, 1879—SIXTEEN PAGE i3 = FINANCE AND TRABDE. Review of the . Government Bond, Foreign Exchange, and Gold Markets. Chicago Discounts Dull---Stock Market Strong. 'fi:e Produce Markets Generally Steady— Hogs Higher, Provisions Stronger. Barley Weak—Wheat Easicr—-Other Grain Steady ~Xovement of the Week. FINANCIAL. Government. bonds were not so active, The ©s of 1881 advanced from 103} to 105%; the 5-20s of 1867 declined 3¢, to 101343 the 5-20s of 1868, ¥ to 102; the 10-40s were unchanged, at 1043 ; the 5s of 1831 declined 1, to 104}¢: und 1he 455 2, 1010545, The 4 ver cents, which are still scarce fn this market, are quoted at 100@ 100%. - Transactions in gold were few. The price is $£2.50 for smatl and $2.00 for larre amounts. As usual on Saturdav, forcign exchange was wcaker, thongh quotations remain unchanged. “'he supply of bills was freer. Sterling grain and commercial bills were 4833, Freuch bills were 5213¢. The actual rates for sterling were 45534@4357{ and 455%. The posted rates were 48636 and 459. Bankers' bills on Paris were 518%4 and 518%; commercial, 5213 and 5193 Ant- werp, 51837 and 5163{; commercial, 5223 and 5333: Reichmark, 9% and 953(; commercial, 943¢; euilders on Holland, 40}¢ and 40)4; cow- mercial, 393. Consols were firm all day at 96 5-16. Chicago bankers reported a quiet demand for Joans, with & downward tendency in discount Yines on account of the prompt payment of ma- turing paper. Rates remain at 8@10 per cent. “The currency orders were heavier. Country or- ders for New York exchange were lizht. Bank clearings for the week are reported as follows by Manager D. R. Hale: Dats. Clea: Monday .. 3. Thursday Frday Saturday TOM]. c.oon veneene S2L 478,647 $1,807.996 3 ding week O eohondiE Ve 15,002,205 2,636,270 Stocks opened strong, and advanced, but later in the day apartof the gainiwas lost, Alichigau Central opening at §7%, sold as high and closed at 88%. Lake Shore closed 3§ weaker than the opening, 72, altbough it touckea 723¢. Northwest common started at 3%, which was the highest point of the day, fell to 6234, and then gained 3, to 623, The Dreferred opened and closed at §74. St. Paul common began at 4137, advanced X, but for the cxbivited a net loss of ¥; the preferred opening at 83, gained ¥, to 8%, but fel back at the end to 823 Rock Island was the feature of the davy, going up 1%, 1013134, the advance being declared by one party to be the result of a manipulation by the cligue who own almost all the stock, and by another to result from an investment demand. itinois Central declined %, to §i%, Burling- ton & Quincy gained 3¢, to 118; Alton lost %, to 86%, but the preferred went up to 103. Frie sold as high as 26, but closed at 258, 3§ below the opening. Wabash did nmot have any part in the upward movement of the early hoors, but went down from 223 to 223. Ohio & Mississippi showed some strength, going up from 1134 to 12, where it closed. The dividend talked of for St. Joe has strengthened both common and pre- ferred. The first sold as nigh as 163, closing at 16, and he preferred edvanced to 42%. The coal stocks were not active. Delaware & Hud- sou Jost 3, to 421 Lackawanna advanced an 34, t0 5233 and New Jersey Central 3, to 43%4. Western Union was off 1, o 100}, and Canada Southern X, to 558 The opening, hichest, Jowest, and closing prices of stocks are given in the table below. Northwest gold bonds were 108}, St. Paul Sinking Funds 10324, Burlington, Cedar Rapids & Northern, 71, and Alton 6 per cents, gokd, 18324, Atchison & Toneks, it is reported, will soon pay adividend of 4 per cent. The stock in the Boston market on Wednesday recovered %, to %6, closing at 923¢@9%23{; Kansas City & To- peka advanced X, to 953 bid; Pueblo opened ¥ lower, at GG%, rose ¢n large purchases to 67%, and closed with a slight reaction at 6674 @br. Baltimore & Ohio qn Wednesday sold at 923§ for the common, 101 for the first preferred, and 9424 for the second preferred. Pennsylvania stock sold on Wednesday at (@35, Itis steadily up to the Philadelphis ZLedyer's valuation of 40. 1£ William M. Vanderbilt is correetly reported as saying that Western Union will continue to pay only 6 per cent dividends, there may be good reason for believing that the aividends will svon be raised to § per cent, a8 rumorcd on the street. Porry H. Smith bas been in Wail strect tell-’ ing his New York 1riends that prices of st are high enough, with the possible cxeeption of Northwest preferred. The full fieures of the latest earnings re- vorted by Ailtonand St. Louis, Kansas City & Norttern are: . CHICAGO & ALTON BAILROAD. Jenuary. 187 Fourth week. § Inc.$ 11.860 Montk Inc.” 40,002 BT. LOUIS, KANSAS CITY & NOLRTHERN RAILWAY. January. 1878, Fourthweek. §75,033.12 .10 Inc. S1,276.98 The following were the fluctuations of the * active stocks for the day: : Opening. Ifighest. Lowest. Closing. 117 163 1163 Stocks. Y. Central....1163 chizan Central. 883 ¢ Shore. 324 C. &N .Western.. G To preferred. M. & SL Paul Do preferred. C.. 1 1. & Pacitie. ]! Tiiinois Central.. 875 88 Chi., Bar. & Q,.0117 Clicago & Alton. 86X Do_preferred Del. & Hudson... D.. Lack. & West. Can. Southern, Liansas & Texas. SLL.E.C.&N Do preferred .. * Sales. COIN QUOTATIONS. ‘The following are ihe quotations in currency fn this market of colns: Trude dollars... .. .. New (41235 wrains) d Aexican dellars, old and Cnelisn enlver. Spanish doubloony ... Mexican doubleons . Gola 20d silver dollars were 100% in currency. * FOREIGN EXCHANGE. Sixty dd_lll.‘ Sight. 489 5 08 of 68 (ex. inl)..... 40s. T. 5. new 44 ceeen .105% 106 L. S. 4 per cent coupons. 1000 100% U. S. currency Gs...... 10 Lo LOCAL SECURITIES, id. Asted. Chicago 7 per cent bonds (louz)...+105° *110 Chicago 7 per centsewerage (jong).*109 *110 Chicazo7 per cent waterloan(lonz) 4110 *111 Chicago 6 per cents, 1052.... #1001 4105 Chicazo G per cents, short. . «101 #4102 Cook County 7 per cent bonds. *108Y% *109% Cook Counry 7 per cents, short....*101 =02 Lincoln Park 7 per cent bonds. 104 South Park bonds.. City Railway (Sonth Side) ; 585 City Railwas (West Side.... ..... 17 35 Gity Ratimay (.\‘\exmhsng). ex.div. 119 121 i eiliay (Nortl v, per o ctut boudsy - ) #1045 *105% Chamber of Commerce. 2 I Chicago Gas Light.... .. - W. Div. Railway 7 per cent cert’ City Scrip.... P Traders’ Insurance. ‘West Park bonds. *Aud interest. BY TELEGRAPH. . NEW TORK. To the Western Associated Press. Nrw Yous, Feb. S.—Bar silver bere de- Clined during the day from $1.05% to §1.08% Governments lower. Railroad securities strong and higher. State bonds dull. The stock market was strong and buoyant to~ day, especially for investment shares, amoux which ltock lsland was the special feature. This stock advanced under brisk purchases from £1.28% to SL3IX4@1L.32 st the close, the improvement being Cuc to thelarge carnings of the company and to the small supply of stuck on the street. Panama advanced 3 per cent, Lo $1.20. Sales, this price being bid, and $L.35 asked at the close. Chicago, Burlington & Quiny rose 1} to SLIS@LISY. There were cousiderable amounts of New York Central taken at SL163(@L17. In the peoeral list prices advanced 3{ to 1 per cent at the open- ing, subsequently d, and at the close became strou wid_partially. recov- ered. The rise in New Jersey Central was due to the report that the stock was larzely over- sola in the London market. The principal activity was in Northwest, St. Paul, Lake Shore, Erie, Dc‘llz_\\'n’re, Lackawanna & Western, and c Mississippi. 0?};‘:““025 ngrnzarefl 150,000, of which 18,000 were Erie, 13,000 Luke Shore, 16,000 Northwestern _common, 17,000 Northwestern preferred, 5,400 Rock Istand, 15,000 St. Paul common, 5,400 St. Paul preferred, 13,000 Lacka- wanna, 5500 New Jersey Central,5,400 5t.Josen, 37,000 Olio, 1,300 Western Union, 1,400 Pacific Mail, and 2,000 Missouri, Kousas & Texas. Money m;r'(‘t casy at 2@24%. Primc mercan- tile paper, 3X(@: Sv‘exflfm i‘xunangc. sixty days, 4805 sight, 'l'}lfe weekly bank statement is as follows: Louans, increase, $4,053,800; specie, Gecrease, $7534,600; lemal-tenders, decrease, S2,918,4003 deposits, increase, $108,100; circulation, de- crease, §59,500; reserve, decrease, §3.739,4%5. The bsuks now hold $14,187,575 in excess of their legal requirements. Coupons, '67: Coupons, "85 New New 48 STOCKS. 00t C., C., C. &L.... 48} 24 'Nclr Jersey Central 431 30 !Rock Island .. .. 181 iSt. Paulz.. - 414 st. panl, vfd W. U. Telegraph.. Quicksilver.... Sulck&ll\'cn prd. ‘ucific Mail. Mariposa... Mariposa, pfd. Adams Express.. ¢ uy Welly, Fargo & Co. 98" Terre Huute .. American Sxpress. U. 8. Express. Central. Harlem.. 5 Michizun Central.. 1ihmois Central. 73; C. P. bonds. C. & Pittsburg..... P. bouds. Northwestern®... ,. 623 0. P. Land Grant.. 1121} Northwestern, pfd. 874 U. P. Sinking 1ds. 1104 STATE BONDS. Tennessee s, 0ld.. 37%Virgiina 6s, new. ‘Tennessce s, new. 26 Missouns... Virgia e, Oldeees 26 | 26 10545 FORBIGN. Loxnon, Feb. 8.—Console, for money, 95-16. American Securities— Readmg, 12 Eric, 2614; vreferred, 4534. United States Bonds—'67s, 1033{; 10-f0s, 107; new 5s, 100245 424s, 110. Panss, Feb. 5.—Rentes, 110f 82%c. COMMERCIATL. Latest quotations for February delivers on the Teading urticles for the last two business days: z Friday. Saturday. 9,505 9 0 @1 50 @> The following were the reccipts and ship- ments of the leading articles of produce in this city during the twenty-four bours ending at 7 o'clock on Saturday mormug and correspond- ing date twelve months azo: Flour, bris.. Whest, b | 20w, T ! 654,550, B 4 ux_fi"i‘?"x': s ghyv 'S, B Wool. ibs,. Stingles, Salt,"bris, Tt ml| 5 i 925 ) Withdrawn from store during Friday for city consumption: 3,642 ba wheat; 956 bu oats, The following grain was inspected into store in this city Saturday morning: 13 cars No. 2 red winter wheat, 5 cars No. 8 do, 1 car mixed, 1 car No. 2 hard, 71 cars No. 2 spring, §2 cars No. 3 do, 4S cars rejected, 1 car no grade (222 ~wheat)s 69 cars high mixed corn, 24 cars new do, 20 cars new mixed, 186 cars No. 2 do, 11 cars re- jected (260 corn); 17 cars white oats, 9 cars No. 2 mixed. 4 cars rejected (30 oats); 6 cars No. 2Tye, 1 car rejected; 4 cars No. 3 barley, 7 cars extra do, 1 car feed (12 barley). Total, 531 cars, or 920,000 bu. Inspected out: 21,711 bu wheat, 501 bu corn, 841 bu oats, 1,653 bu barley. The following were the receipts and shipments of breadstufls and live stock at this point dur- ing the past week, and for the corresponding weeks ending as date: Feb. 1, Feb.9, 18, 7! Frceipti— . 187 641205 + 67,901 95 0 0. The following w York for the week ending’ Keb. .1, Feb. 9, 1878¢ 1879, 1t Flonr, bris.. 54.20Y 64120 e Wheat, bu. 1945 5113476 616,737 Corn. bu. SENO9 570,004 406,792 That sample of -Wetaled wheat referred to in our isste of SaturdavW4s 2 small quantity that Uas been kept herejn‘d jar for four years.. it: was taken on *Chidage for the inuocent purpdse of letting som?’ Tedpie sce the cftect Of weevil in wheat: but Same’ people thought it was an . effort to beappgces: Hence their tears. The leadioytoduce markets were rather ir- rerular Saturday. Provisions were stronger with an acparently increasing demand on out- side account. Wheat was easier, barley dull and lower, and other rains steads. There was a fair volume of business in breadstufls, and shippers took hold rather freel; considering the quantity of freight room offere: Jobbers of dry-goods report continuedieradual improvement in the demand. Mail orders are coming in quite freely, and, thouzh generally for small amounts, they reach a Very respecta- ble aggregate. Prices remain firm. Groceridy were reported in good general demand, and weresteady. Butter is becoming more plenty, but there is a good demand, and prices keep well up. Cheese was 'quoted as before; fine mild grades ruling firm, and the poorer sorts casy. The demand for dried fruits was again fairly active, and previous quotations were fair- 1y supported. Fish continue in zood request at tair prices. Oils were reported in beiter request, and the market was firm, with some lines tend- ing hizher. Leather, bagging, tobacco, coal and wood were dull. The demand for lumber is improving, and prices are more uniform than a week azo. The spring sales promise to be heavy. The demand for wool continues good, and the atock is being gradually reduced. Broom-corn was steady. Rides were quoted 3{c lower, and weak at the decline, the demand being less urgent. Hay was quiet and easy. The sales of seeds were only fair, prices undergoing no important alter- ation. The street offerings of poultry were again small, and full prices were obtained for all tine fresh offerings. Potatoes were slow but steady, the stock being light. Eges declined again, owing to the free receipts. The following figures were named for rail and ocean contracts: ——Flour—— Bags. Darrels. $1L.u9% Grain. Rail freights were quoted at the following range: 3 g Dressed Dressed Fourth beel. hogr. 87 class. Grain. Flour. 37 22, To Baltimore. s Piuladelpuin.. .38 los New York ... 140 70 W95 .80 1t was rumored that a reduction had been made on rail freizhits to the seabourd on round lots, but nothing definite was mude public in reeurd to it. 4 ‘There was a good inquiry Saturday for wheat vessels at 6){c, but carriers refused to take less Boston W45 .40 than 6i¢c. No charters weremade owing to this difference in trade. 4 MOVEMENT OF WHEAT. ‘The following shows the receivts and ship- ments of wheat at points named Satarday: Received. Shipped. Milwaukee. New Yorl Philadelphis. Total.... 278, 814 IN NEW YORK SATURDAY. NEew Yorx, Feb. 8.—Receipts—Flour, 17,190 brls; wheat, 132,750 bu; corn, 122,850 bu; oats, 35,425 bu; corn-meal, 920 pkgs; rye, 6,570 ‘buj barley, 8,300 buj malt, 2,175 bu; pork, 696 brlss beef, 696 tes; cut-meats, 4,118 pkgs; lard, 3,353 tes; whisky, 148 brls. Exports—For twenty-four hours—Flour, 5,000 bris; wheat, 59,000 bu; corn, 67,000 bu; rye, §,000 bu. GOODS RECEIVED. Port oF CHICAGO, Feb. 8.—Chicago Stamping Co., 800 boxes tin-plate: Libby, MeNeil & Libby, 200 boxes tin-plate. Collections, $1,817.14. PROVISIONS. HOG PRODUCTS—Were more active on pork and Jard, with rather less doing in mcats, and stronger all round, though there was no important change in the advices from other points; hogs were higher at the Stock-Yards, nowever, with a small eupply, and operators thought that the big run was about over, while there isa continued good export movement of stufl. Ience, holders were less disposea to eell, and the shorts were more anxious to cover, the resulting advance early in the day being well maintained to the close on a very steady market. The following tabe exhibita the_number of hors acked at the points named since Nov, 1, 1878, 13 comyared with the returns of the previous season, and the tofal packing of the season of 1577-" Todate, Todate, Points. 1879, 1875, Chicago 2 2,101,000 Cinginnat; 401 St. Louis. Tudianapol Milwaukee Louisville Cedar Lapids Des Moines. Sabula Kansas Ci Atchison. Peoria . Cleveland Omuha Evansville 80,16: 40, 376 The following table shows the exports of hog products from this city during the periods naried: Week end- Since Nov.). ing Feb.0.i 1 Hams, pes. Hams, otlie Sides, bxs.., s, 1 ‘Touguess 1ocks, pkie Total gross w't, 1bs—| Lard ported of 185 brls spot (old_repacked) at S8.00; 45 brls_(uew) at$9.80; 11,000 bris seller_Sfarch 28 $9. T5@Y. 750 brls seller April at $9, 85@ 0 bris selier May 1t $10.05%10. 10. Jbrie, The market c;gsc% i at or cash or Feoruary; $9. 80@9.52% ; SU.93@9.97% for April; und 310.10@ 121 for May. Old pork was neld at $7. 72 - mess pork was quoted at $8.75@9.00, and extra prime at 37. 30G7. Lsnp—Advanced I0@12lic per 100 lbs, and closed 10c ubove the Iatest prices of Friday. Sules were reported of 230 tcs spot ut S do (kettled)_at $6.50: 8.500 tcs $6. 6243 @0, 8,500 tes reller April at 30, 7: 1d 750 tes seller ay at §6. 523 33@4.65 for spot or February; S for March: $6.50@6.82% for April . 9213 for May. A Te about i4c per 1b hisher on most dexcriptions, in sympathy with pork and tard, and there was a wood demand ut that advance, though mostly of a local character. Sales were repor 0f 150 tes wweet pickled shoulders at4ljc; 20 do hams (15 Ins) at 20,000 1bs green hams (16 lus) at GHie; 25 boxes Stulfordshire hams nt8cy 250 boxes Jong and short clears, seller March, at . 853 3.850, 000 lus snort rivs at $1.624:@: i seller March, $1. 7712@4.8714 for April, & 5.00 Tor May for June. ~The follow- ing were the per 100 ibs onthe fead- ing cots: . | Short Shoul-| Short 11..d clears. ders. | rib. Ic[ear vart cared. {83, 47544 February, boxed March, voxed April, bosed. : Long clears quoted at St 473 loose and S1. G2 boxed: Cumberiuuds, $4.75@5.00 buxed; lonz-cut haws, '74%@Sc: sweet-pickled hums, TGETLC for average; green hams, 3@ 0%c for same green shoulders, 33c. Bacon quoted at £1@43{c for shoulders. SK@5%e for short ribs, i{c for short clears, 8@Siic for baws, ali canvased und packed. GuessE—Was quoted 3t $3.00@5.40 for No, 1 Ihite, @5 for good yellow, and 1K@¥e for r0 BEEF PRODUCTS—Were steady and quict at $5.00@8. 25 for mess, $8.75G9.00 for extin mess, and $16.50617. 00 for hams. TaLzow—\Was quiet 21 653@0%Kc forcity, and5% @Ue fur country.” .- . . - BREADSTUTFS. FLOUR—Was in better demand for shipment than is usual on Ssturday, and the ‘market was finn on all export grades. Local dealers only op- erated ¥pa Sales were feported of 1,375 brls Partlyat $4:5074.90; 1,325 bris double extras, partly at $3.5024.00; 75 orls extras at $3.3744: 160 brls superfnes op privateterms. Total, | 2,875 brls, The following was the nominai runge of prices: Choice winters.. Good to choice winters Fair to good winters. Choice Minncsotss Fair 10 z00d Minne: Fair to good spring; Low soriugs Butents... oru Buckwheat 90 @4 Brax—Was in zood demand and steady. Sales were 50 tons at §7. 75@. 00 per ton on track, and $7.75@8.00 free on board cars. _Lonx-MeAL—Sale was reported of 10 tons coarse at $10.50 per ton on track, WhEATScREENINGS—Sales were 10 tons at $11.00 ver ton. SPRING WHEAT—yas moderately active, and gencerally very steady, but a snade easier, declin- ing Yic, and closing Xc below the latest prices of Friday. - Liverpoo) was quiet, and reported cargocs heavy. while New Yori was dull, and our receiots werc larger, with fair reported shipments. and an apparent increuse of abont 200,000 bu in our stocks in store during, the week. There was o good shipping demand’ for the lower grades, but Jess inquury for futures. | The tone of advices from other poiits s scurccly favoravly toan advance here, but the bears are afraid tosell freely, ve- lieving the market to be instrong bands. It is understond that 3,000,000 bu arc held by one party, andabout 2, (00, 000 bu by another, the surm of the two being abont ' equal to all the No. 2 we have in store, while other capitsl stands ready 10 corry the current ureivals. Tlence there 1 no pressare to eell Dby holders of the stafl, 48 they are gud to bDC Operatin with' an eye on 52.00 ver hu in May. Seller March opencd at 5S%s8kc. and receded to S8 at the close. April sold at 895 @S9%¢, closing at 89Lic. Niny was inactive at 93;c bid. February was little hetfer thau nommal @t $7.@87i¢, closing at 87%c, which was al<o thie latest price on car lots of No. 2. Spot sales were reported of 58,000 hu Xo. 20t STHEEY 1.000 bu_No. 3 at T8E73%e 6.-400 bu reiccted a 59c, and 28,400 bu by sample at 0@ 7Sc. 800 bu. Wixten Witsar—Was quict snd sleady. Sales were 400 bu No, 2 at 0c; 00 bu No. 3 at 83ic, and 400 bu by sample at 90c on track. Total, 1,200 bu, ‘CORN—Was quiet, and very steady at Friday’s lat- est quotations, The British markets were firm. but New York was lower by Jatest advices, and our re- ceints were again larve, bus nearly equaled by the shipments: while onr stocks in xtore have dgain increasea more than 200,000 bu during the week. The market symputhized with wheat in steadiness. The trading m futures was_chiefly for May and March, and there was u fair shippine démand thronghont, with little effort on the part of cither buyers or sellers to chanve quotations, -The better shi g demand was attributed by some to lower freights; which, it was rumored, had becn obtained by some shippers_on round lots of stuff, Seller May sold at H5X@B35%c, Juncats6@3Bic, April at 2@ 324, March at 3L%c, sud Feoruary at 314@31%c, all closing at the range. Cash corn closed at 3134c. Spot sules were reported of 20, 000 2 and high mixed st 31igi31%c¢; 3,400 bu h mixed at 29%c; 3,200 bu hew mixed at iC: 5,600 bu by sample at 28K @20%c on ,000 bu do 20@303c Tree on board cars; and 800 bu ears at dic, delivered. Total, 50,000 bu. OATS—Were quiet and steadier. were hight, and there was little inquiry, May be the favorite futnre. 'Yhe receints coutinue small. but oats are eaid to oe very plenty in_the country, and some operators estimale that the eales here for May delivery are well up in the millions.” Muy sold al 2L@24Kc, an” closed at the inside. Fovrnary orNo, 2soldat 203c. March was quictat 21w 21%c, aud April at 213@21%¢. No. 22 whit held at 213cc, and rejected_at 18c. Samples were fairiy active. Cush sales were reported of 1,500 The offerings T bu No, 2 nt 20%;c; 6,600 bu by eample at 21%2@ 24Lic on track; and 10,200 bu do at 21%@24c free on board. Total, 18,600 bu. RYE—\Was steady, car lots being i fair request. Futures were nominal at 45%c for April. sales mcluded 3,200 bu No. 2 ut_43%c: 1. 60 by sample at 42@ic on track. Total, 4,600 bu. BARLEY—Was dull and weak. 2 aud fu- tures fell 5@Uc ver bu under fair offerings. with little demand. At the close & few sales_of March were quoted at 72, and a broken lot gold_carly at 75¢, No. 2 was nomial at 72¢, extra 3 sold at 15c, (A., D. & Co."s), and regulat was quoted at 396 40, “March was quoted at 39c. Samples were quiet,” though choice were aluble. Cash sales were reported of 1,200 ba extra 3 at 45c; 2,400 bu by sumple at 3744@S5e. Total, 3,600 bu. MORNING CALL. Mess pork—Sales 28,500 brls at $9.75@9. 80 for Cash 0 bu March_and $9. .05 for April. Lard—6,000 E 564G, 6712 for Marchand $6.75 for April. 000 1bs at 5712 for April. _ S| Tibs—3, 300, 000 Ibs at $. A 4.80 for April, $4.95 for May, for June. s and $5. LATER. Saturday afternoon wheat and mess pork wero “The former was influenced by a New York m which quoted a_etronzer market. March 881;@88%c, nnd closed at the inside. Mess pork was quoted at $10.00 for April. with rumors of several eales at that figure. Aoril lard was quoted at $6.52%%. BY TELEGRAPH. FOREIGN. LivenrooL, Feb, S—11:30a. m.—Frour—] 10s; No. 2, 8s6¢. GrarN—Wheat—Winter, No. 1, 9s; No. 2, 8s 6d; spring, No. 1, 8s; ‘No. 2, 0510d; white, 1, 93 1dy No. 2, 88 8d; elub, No. 1, 93 4d; No. 2, 8511d. Corn—New, No. 1, 48 8d: No, 2, 457d. Provistons—Pork, 455 Lard. 33s6d. * LiverrooL, Feb, 8. —Cortos—Hurdening; 5%@ 5%2d; sales, 7,000 bales; speculation and export, 2,000: Ameriean, 5,500, Lanp—American, 338! Loxnox, Feb. 8.—CoxNON Resrx—4s 01@58. REFINED PETROLEUM—T5d. The followingz were received by the Chicago Board of Trade: . Livenroor, Feb. 8—11:30a. w.—Floor, 8s 6d@ 10s. Whent—Winter, 83 0d@9s; spring. 63 104@ 8s: white, S8 S4G9s 1d; club, Ss 11d@9s 4d. Corn, 45 7d@4s 8d. Pork, 455, Lard, 33s 3d. LiverrooL, Feb. §.—Prime mess pork—Eastern, 46s; Western, 43s. Bacon—Cumberlands, 27s; short ribs, 20s 6d; long clear, 2Gs; short clear, 263 6d; shonlders, 228 Gd. Hams—30s Lard, 33s. Prime mess beef, 70s; Tudia mes beef, 70s; East- TIndia mess beef, 86s. Cheese, 495, Tallow, 368 ad. Liverroos, 4:00 p. m.—Lard, 33s. Rest un- changed. Loxnoy, Feb, 8.—LivErroor—Wheat quiet. Corn firm. Mank LaNe—Cargoes off coast—Wheat slow. Corn, none offered. Cargoes on passage— ‘Wheat very heavy. NEW YORK. New Yorr, Eeb, 8.—CorTox—Quiet but steady at 99-16@9 11-16¢; futures steady; February, 9. 66¢; March, 9.75¢; April, 9.93c; May, 10.10¢; June, 10.24¢; July. 10.34c. Frogn—Quiet and unchanged; receipts, 17,000 brs. GrAIN—AVhear—Winter easier; spring firmer; re- ceipts, 133,000 bu; rejected soring, 76@7Se; nu- graded spring. 79697c; No. 3 spring, 93@94c: No, 2 syring, S1.00@1.04; uneraded winter red. 96c@ $1.08; No. 3 do, SLO4@1.06; No. 2. SLOSK@ No. 1do, SLOS%@1.10; No. 2 amber, $1.0844; unaraded white, $1. 081 : No.2 do,S1.06X. @1.07; No. 1 do, 51.08%; extrado, SL10. Rye firmer; Western, 60@62c. Barley quiet but steady. Malt dull and nominal. _Corn quict; receipts, 123, - 000 bu: wngraded, 47@47%c: No. 3, H14@42c; 2 Gtics No. &, 475@47hc; new do, llow Western, 4tic. Oats—Moderate trage: bu; No. 3 white, 3l%c; No. 3 mixed Western, 30@31%e; wlite o. 1, 3 do. 32@3c. Havr—Dull and unchanged. THors—Quict but steac Grocenzs—Coflfee quict and unchanged. Sugar steady; fair togood refining at 6X@G5c. Molasses donll and unchanged. * Rice aniet but steady. PernoLeuxn—Quiet; united, 96%c¢; crude, 8@ 9c: refined, eady at 6%ic. Firm at SL, 301, 42. NE—Quict but firm_at 30c. Western, 24@?5¢. Lestnenr—Steady;. hemlock sole and Baenos Ayresand Iio Grande lignt, middle, und heavy \\‘l"‘l;’_')ll& 19@21c. 2@ ooL—Domestic flecece, 27@40¢; pulled, 17 36e: unwashed. 10@2c. pullely MO ProvisioNs—Pork atrong; mess. $9.00 for old; $10.50 for new. Beef dull und unchanged. Cut b 5 ts steady; long clear middles, c: rhort do, c. Lard stronu: prime steam, $7.60@7.95, gopuTTen—Nominally unchanged; Westers, 70 1EESE—Quict ana unchanged. Wiisky—Market dull at 31.07. METALS — Manufuctured _copper aqniet; new h athing. 22¢; ingot lake, 15%4¢; Nussia shoeting, E 3. Naws—Cut, $2.10@2. clinch, $4.25@3.25. ———— Ilonest London Cabmen. . Tondon Leller fo Forney's Progress. Prejucice to the contrary, the London cab- menarea very honest cfass of men. A few daysago ¥ found thaia cabman was given to the study of political economy, and also_con- tributed artcdes 1o the Cab-Drivers' Tuion Journal. Huving given him much extra trouble with some heavy lugmage, I also gave him double fare. For this he it me the next day a neatly-worded letter, thanking me, as he suid, “for a muniticence which far exceeded the merits of the case,” and inclosig some_of his articlss with the quotation from Richord TIT.: »+1 cannot make you what amends I would, ‘Therefore accept such kindncss as I can. ™ Siuce * Edmund Galvert » sent aie this srate- {ful note foa Christmas eavelope 1 have ieard ol & cabman wio, Laving had 3 dispute with 2 lady artist as to the fare und received half a crown, called next day and left sixpence, with an apology, saying that he had made inguiry and found thut the lady was in the right. And, yet again, might before last, when pussage was almost inipracticable, and drivers were refusing fares at_any price, I know that a cabbie, observ- ing thatalady scemed to be ill, yielded to the request of her busband und took ihe two Lome, saymg, “1 wouldw’t have taken a fare at no price to-night, bug 1'm a father of a family my- self, and it would be bard on the youne ones if .they couldn't see. their mother on Christmas Eve” These threa instances witlin the moath, end ten vears? experiences of the London lcab-_ man, have taught me that he is, as arulf:, hon- est, civil, and well deserving his extra sixpence. THE VOICE OF THE PEOPLE. Ithers as Oursel’ Sce Them.—TIX. There was a young man ont at Niles, Whose Back was all covered with Boi By bis borse he was tarowed ‘And dragged along a Log-Road, And his yeils conld be beard for ten miless A maiden at fair Kankakee Did not from a Bull’s foot know B, But her Pa she implored To get on the School Loard, Thus a First-class Diploma got she. There is an old gent at Peru Whose age is 102; He never Saws wood ‘And his Evesignt's not gnod— All of which is refreshingly new. A minister up at Oshkosh Cribbed » sermon from Dr. MecCosh, And soarcd with such flights - To puilosophy’s hights That his Listeners euid it was Bosh. A muscular girl at Wabasha § Was insulted one sy by & ** Maslier, 11e appeared, when she'd done, As if e had peen ruu Through u mower-und-reaper and thresker. Tow the Russians Do It. To the Editor o The Tridune. CHICAGO, Feb. 8.—Having secn the following in the Cologne Gazette, I concluded to give you a true translution of it for your paper for orig- inality’s sake. Your troly. CHARLES JANSEN, ‘No. 330 North Market street. It i6 perhaps known' that Russia’s clerzymen re- gurd their celestal office more m a worldiy sensc, butonly a few may be acquainted with that most relinea shrewdnexs by which they manipulate thewr victime. The following instance will show better the method of their operstion: Une youug peasant who murried_into_another village demanded {rom. his_pope (clergyman) the customary license, “*Very well, my deur,” says the lutter, **the cer- tinicate you may have, but first [ would like to set- tle a little ol with you. You will leave our vil- Jage; did you think of howmuch I lose by it. For the wed cerewiony, let us say tlen rubles; your wife will . get children, let us sny—well, seven wakes seven Lmptisms, seven 10wels, and the prayer—BR, 30 K. Of your chil- dren some will die—let us say four—makes for funerals—t R, You may have s marriagcable diughter—mukes for the license 1 1t; further, a son—well, God bless him, we will count him among the uite. The whole will amount to 21 R, 80 K--well, let ns say in round sum 20 1. 13 itnutsoy” The peasant scratched his ears in em- barrussment, and inatly remarked, ** But yon may dle before, Latka; you are old enough for it “-Certainly, my dear,” replied the pope, ‘*we 10 'die, and _therefore fct us be done with The pensant had to pay 10 R. for his [ marriage license. Itallan Padroni. To the Editor of The Tribune, Cricaco, Feb, 8.—I notice in the papers that aperson called “Boss Charles™ bus recently been arrested for bolding ltalian boy-musicians in bondage. Are Americans aware that Chicago is the only large city in the United States where these shameless padroni are tolerated? In Italy every person who sells his children to these padroui, and ail who eugage in the pur- chase, are criminally prosecuted and beavily punished. All the Consulsand Consular Agents of Isaly in this country are snuciull,{‘ instructed to prosecute every padrone found bere und to return the children to Italy. N I New York, Baltimore, and Philadelphia this business has beeu extirpated. In Louis- ville, Ky., the italian Bencvolent Society ported the Consular Agent for conniyance with theso padroni. L'Eeo dJtaiia, of New York, the organ of the ltalian people of the United States, has done its utmost to direct public at- tention to this system of servitude and to sup- press it. Driven Trom the East, these padroni have come West. and made Chicago their fa- vorite resort. Not far from the Court-House, under the very nose of the courts, oue ol these vermin lives. ‘The Ttalian residents of Chicago desire ‘to have this disgraceful business ended. The Consular Azent here should see that Lome steps are taken to do this, and to this end e call upon him to interest himself, as it is his duty to do, in its suporession. Let the Ameri- can peopie also press this matter, and rid Chi- c2x20 of the shanie of being the only city that tolerates this shameless oppression of children, who are kept without_homes, half-starved, and witbout education, in order that a few luzy vagabonds may grow rich upon their hard- earned wages. AN 1TALIAN Who cares for the honor of italy. Sensible Talk About the Blodgett Business. To the Editor of The Pribune. CnicaGo, Feb. 8.—Reading the editorials or the Blodgett case this morning, the impression 1 gain is, you -thivk he has been proved frce from blame,—perhaps I should say guilt. Legally you may be right, but are you morally? Has o man suy right, when ‘appoiated to look after certain interests, to sireen bimself behind the **1did not know all this was going on.” 1t was notorious, as you ‘say, that the Bank- rupt Court was cating up a large portion of the estates coming into its hands. Unless Judge B. cncased himself from the outside world, as the worm does in its cocoon, he must bave known something of it. To know it, and not take every means in his power to retnedy it,—and not to know it, in this case is equally blamable,—and clearly says he is ot the right man for such a place. 'fhe man who can be systematically *“wooled” for ten years by any set of schemers or cormorants is not the man to be ictrusted with such large interests. The business man who employs another to look after certain interests that are inportant, and intrusts them to him, would bardly accept the apology (after finding himself outraceously swindled) that be didn’v dream the men under hm were capable o, or were doing such a thing. ‘The reply would be, “Your position was sucn you could ; you duty was to watch and control ibesc men. You acknowledge your incom- peteocy. Some one clse who has the ability, the desire. and the will must talke your place. - And I know of no reason why the business of' the peop'e should be conducted upon a Gifferent basis from the business of the individual. You say well, when you say the country has cause to thaok the *tyree young men” for the investigation. We have enough who consider themselves responsible to no one. Let us nave responsibitity from the head to the hecls of pub- lic ofticials, and let us thank the “ young men for showiner us where it does and does not ex- ist. . Yours, cte., [ A The Usual Way. To the Editor of The Tritune, Cm1caco, Feb. 8.—Ivasmuch asa general in- terest scems to have been awakened in refer- ence to the maancr in which justice (?) is admin- istered in some of the lower courts in this city, I bee leave to encroach on yoar valuable space to suy a few woras relative to the matter. If the writer of **Juaicial Jugelers” in last Sunday’s issue of Tne Trrpuxe had foserted the name of Peter Foote instcad of Thomas Noddy, it would bave been beiter and more to the poiut, for no artist could have portraved more_perfectly the court-rvom (and the sur- roundings and” workings thereof) of that same judicial official. ‘That loos ago there came within his jurisdic- tion a civil suit—to decide which one of the parties wished to call a jury. The opposing counsel, though willing fo nilow any Six or twelve honest men to decide the case fetording to the Jaw_and cvidence, feared corruption oo the part of a certain Constable, and objected to his being ziven the venire, and was promised by the Court that the oflicer in question should not call the jurors. When the case was called, to “the sarprise of the aforesaid lawser, the identical Constable objected to was given the venire, and it is al- most needless to add hat the professionals summoned decided the case as it had been hint- ed them (before the trial bezan) they shoald do, —neither according to luw nor testimony. nor nigzht noriequity. - Had they done otherwise, no doubt they feared they might not be able to earn a half-doliar and the drinks on the follow- ing day servidg in the same court, or across the bail. Friday, after the jury had scquitted the gam- bler in” D'Wolf*'s Court, Capt. O'Donnellgnwns heard taremark with a smile. s _**Well,Trude, take the jurors over the way and give’em adrink.? It seerns to be o pretty well understood mat- ter all around. Well, the policc do their duty,— it’s not their fault if the mea whom they nrrest are all acquitted. RoUNDABOUT. Effect of Grover's Lecture on the Young. Men, - u T the Editor of' The Tribune, Cracaco, Feb. 8.~I notice in this: morning’s issue of TuE TRIBUNE a letter fromi'some one signing himself A. H. 8., with regard to A. J. Grover’s recent lecture before tbe Philosophi- cal Society. After some severe comments upon the lecturer, and pointed reflections upon the Society which countenanced it, he concludes with the remark, **I write this in behalf of our vouth.” To Mr. A. H. 8, and to others who per- haps Lave asked the same fuestion, What effec has such infidel talk upon young people who hearit? Iwishto say thatIam ayoung man, and for several years have been a faitnful at- tendant av the Philosopbical Seciety. Ibave Teard many scientific and philosophical lectures anddiscussions, which have given me instruction that 1 could have obtained nowhere else. £have Teard also) many -discussions of 2 theological nature, wherein each side bas becen fairly pre- sented and received. Instead of being in the slightest degree impaired, my religious con- victions are even ficmer thau they were when I entered. - : ‘Asa vencral rule, the discussions are quict aud really philosophical, the truth being atl that is sought. Mr. . Grover’s lecture stands forth as 4 remarkable exception. It was neither philosophic nor cven gentlemaoly, and it met with the reception it deserved. Members of the Society I had thought to be infidels criticised it with unexpected vigor. Some of the critics re- iused it even the potice of a reply, ind expres sions of intense disapproval were heard on all sides. Mr. A.H.S.is right. No harm can ever come from words so filled with hatred and vrejudice. And for the young members of the Society, aithough they are nut numerous, Lecan say that talk of the style Mr. Grover’s very moderate abilitics allow him to utter produces thie best effees possible. . It makes them feel & strong disgust for men who will treat with blas- phemons Ievity subjects which so many thou- sands of estimable people hold most sacred. ‘Thanking Mr. A. H. 8. for the attention he has called to & very important quesuulli’ and trusting that his mistaken idea of the Philo- sophical Society will be removed, Lam your most obedient servaut, SOPHOMOKE. Collins’ Jury Bill. To the Editor of The Tribune. CmicAGo, Keb. 8.—The change proposed by the resolution of Mr. Collins, recently presented in the Llouse, in the rule of unuuimity required by juries, with the amendment suggested in Thursday’s TRIBUNE, is 2 Wise und salutary measure, und should be at ouce adopted by the Legislature, The change contemplated, viz.: abolishing the rule of unanimity in" the jury system, by this resolution, is worthy of more than a passing re- mark, and is one that would have been made Jong ago if we were.not, as a people, 5o strongly wedded to our idois. It is curious to consider why this relic of barbarism—a jury of twelve men, whose verdict mugt be unanimous—has survived to the present day. It is a curious re- flection upon our superstition. upon our apathy, upon our obstinacy, that we yet cling to a sys- tem g0 utterly absurd and irrational thatiew can be found to praise it, and none can give any logical reason for its existence or continuance. In the deliberations of no body of men now known is unavimity required to reach a bind- ing decision. Itis not required of the Lesis lature, nor of Congress, neitber are the Supreme or Appellate Courts compelled to agree, nor does the Jaw impose the burden of a unanimous vote upon the Directors, Trustees, or Managers of the various corporations exististing in the State.. And yet, absurd asit is, if the Di- rectors of ouc of these corporations Zonestly fail to determive a question aud are forced into 2 suit, twe ve men must agree beforea judgment can be obtained! How unreasonable that the law should allowin one case a majority to rovern, and wheu the same case is to be decided by the intervention of anorher creature of the law, dt}xe jury, that unanimity should be re- uired ! i There is not a single argoment of any weight whatever thut can be advanced to bolster up the present rale of unaniuty. The argument that one man on the jury can prevent a verdict, and thus compel discussion of the merits, is true, but-of what force? ~He can do and often does the ureatest injustice, and the one man quicklv agrees with the eleven toobviate the in- convenience of a lonz session in the dingy jurg-room. Twelve men are asked to azree upon a_verdict involving many contradictions, and without unanimity no settlement of the case_cau be reacbed. Think of the absurdity! Twelve men, aitér listening to the contradic tory statcrents of apparently- trust- worthy witnesses, to the ineenious ar- cuments of opposine counsel, und to the extended instructions.of the Court, are required to harmonize every point, and unanimously aeree upon their verdict! Is it reasonable to suppose that twelve men will bave the same opinion when they enter the jurs- room, and is it not, the truth that this unanimity- is only oa the surface, brouzht about either by sheer uneasiness from confincment or fear of it? Nine times out of ten *verdicts” are the result of the surrender or compromise of individual opinion. . . . If the minority is very small, those who form it may reasonaoly suspeet them- selves mistaken, and so be more readily dis- posed to change their views. Besude, few like toappear to be obstinate and unyielding.” Lawyers have recommended this change.180gx before this, but for some reason inexplicable we ret have the incubus upon us. If we submit our case to arbitrators, a majority rule. If nisi orius courts sit I bane, a majority opinion is what we expect. ‘The Supreme Court of the State and of the United Stazes interpret the laws by a majority of their number; but if we have a'complicated point in a suit before a jury,—a point which fairly calls for a differencs of “opinion,—we are compelled to sccure the twelyve minas before we can get justice, and the resuit is—we do not et it. Again, this change, as contemplated by the resoiution, would prevent to a great extent the chances of designing suitors obtaining by sur- reptitious means the presence of a friend upon the jury to look afer their case. The chances of four corrupt men being on the jury are very small. As 2 matter of fact. in cases where damages are claimed the resuit is reached usnally by a division of the amounts named by the various Jjurymen, the agoregate amount being divided by twelve. The man in favor of giving heavy damages puts down a high fleure,—the one in favor of little or nothiug writes downa small sum, and thus the fearful and wonderful ver- dict Is broueht in. It is the effect of a compro- mise. Now, the three-fourths rule as contem- plated by Collins’ bill cleariy does away with as much of this absurdity as can be, when we em- plov a jury, and to reduce it inany degrecis certainly desirabie. Reforn of old systems is no easy matter, so many will appose cune merely decause of | the antiquity of the system to be swept away. Bug juries as coustituted ut present_are ag acknowl- edged tailure, and if the Legislature permits this.opportunity, now presented to it by the Coliins’ bill. Lo puss without wise_action, the censure of a neglect of duty can be justly aserib- ed to it. Lex. CANADA. Discovery of Silver Near Ottawa-Swedish Immigration—Nitro-Glycerine—Benetit So- cleties—Election of a Bishop—The Ontario Budget—New Brunswick Farmers’ League. BSpeclal Dispatcn to The Tridune. Orratwa, Feb. 8§—While reports from sur- rounding towns and viltages speak 1variably of zencral business-depression, the little isolated community of Carp, near this city, is enjoying a return of that prosperity which left it long since, and which the oldest inhabitants bave been wont to speak of with regret. The pros- perity alluded to above bas its origin in the dis- covery of an extensive deposit of silver on the farm of Mr. Henry Moouey, about a mile from the village. The mavner in which he first be- came aware of the presence of silver on his form is somewhat sinwular. It scems that two of his daughters, last summer, collected a number of specimens of bcaumul, whitestone,with which they decorated a what-not in the parlor. No further notice was taken of them until last weck, when an American gentle- man called, and, beine shown into the parlor, was surprised at seeing so many specimens of what he unhesitatingly pronounced to be com- posed of at least 75 per cént of silver. On leaving, soon after, he sccured a lump weighing about a pound, and submitted it to a practical analyst in Ottawa. The result of this test proved it to be séarcely equal to the cexpecta- tions of those interested; but fully 45 per cent. of silver and 30 per cent of lead were taken fromw this small specimen. It is considered that even 20 per cent of silver is a good-paying in- vestment. It i3 scarcely to be wondered at that the \f'hole neighborhood is excited; and, when' spring opens, fully two-thirds of the residents of this townshipwill be out prospect- ing, in the hope of discovering some cqually rth bonanza. Mr. Moozey has sold a haif- interes o lis'mine to Mr. R. H, Walker, of the firm Of Walker & Legiett, of Newark, N. J. Ihesa gentlemen are larzelyinterested in mines in Passale,; N. 1., Margaette, Mich., and Silver Isiet. Thunder Bay. - He also vlaced the remain- ing half-interest ubon the market in the shape Of shares at $100 cach, to be lmited to 200, re- taining some forty shares for himself, The re- maining shares were quickly bought up by leag. ing business-men.—Messrs. Turner, Kidd, Regan, Dew, Howard, and Evoy being the pur- chasers. A meeting was bheid for the purposy of elegting oflicers, etc., for the manazement of the works; end Willlam Evoy was chosen Treasurer; L. Hust, Secretary; Ho\!;‘nrdx\lnnagcr. i roni 73 and George AMr. stromer, the Swedish gent] o whom reference has already been modo. Tads o audience with the Hon. J. H. Pope, Minister.of Agriculture, and explained the position of af. fairs in Sweden, and added that the ouly ip- ducements the emigrants would require was the promise of some assistance in defraying the ey. pense of their journty from Quebec toth, Northwest. The Ministerof Aericuliure l‘ep[[e; that the Government had withdrawn, or would withgraw, all their Emizrant Azents, and ajy not intend to encouraze immigration from ap; vart of the world woatsocver. If immigrany choose to come of their own accord, they confi have land; but the Government would pizg them no otuer inducement. Mr. Ekstromer s somewhat chagrined at this reception, and with. drew. He subsuqueufl{[lcfc the city, intending again to consuit Sir Huch Alian, who hasy large immizration scheme in preparation, Should be not succeed with that gentleman, he will o to the Goveruments of some of 'the Western States. 1t is understood that, when West a few days azo, he was offered induce. ments of a libcral character by one of the Ling. bonused railway companies to act in theri inter. St. Mr. George Baxter, of Thorold, is here half of the Ontario’ cement-manufactures hfi, demand an increased tariff on that broduction, Deputations of other manufacturing interests are here to luy their cases before the Minister of Finance. Messrs. Cooper, Fairman & Co. are constract. ing several buildivgs at Cross Lake, on the Thunder-Bay Braoen of the Canada Pacile Rail. way, ninety-nine miles from Winnipes, to bs used n the wmanufacture of nitro-zlycerine, ‘This dangerous compound is intended to sy, ply the requirements of the Canada Pacific Ruilway contractors, wio use immense quantities fur blasting purposes, and bave bitherto had 1o send to the United States for it. spectal Dispalch to The Trivune. MONTREAL, Feb. 8.—1he work on the Laching Canal is progressile rapidly, and it will bs ready for tratlic ubout the 1st of March. The City Finance Committee have decided to ask Mr. Joly, Premier. to state whetlier the Government agrees to the proposition on whicy the City of Montreal originally agreed to pg; the million dollars to the Quebec, Sootreal & Ottawa Railroad; if not, whatother proposition or compromise the Government would be dis- posed to make. Lately the Conrt Mt. Royal, Ancient Order of Foresters, here, got at lozgerheads, and a divis- jon took place,—the majorty of the Court moy- ing to a new room, carryiug with them the fo; —some $1,200,—the dispcnsation, and other efe fects of the Court; oreanizine themselves pp. der the title of the Independent Order of Coury Mt. Royal. ‘The minority applied to the parent organizaiion in England for a new dispensatio and continued in the -old room, nnder the ol name, and gre now taking action againsg the Trustees who held the funds of the original Court, for_the recovery of the amount held, The_Hon. Justice Mciay, who presides, re. marked that many authors might be quoted to show that these benefit societies were ail cop- stituted on a wrong hasis, owing to the small amount of the poyments made in propor- tion to the socicties’ undertakiogs, Thess authors, he also remarked, made the as- sertion that a pestilence sweeping over & country would force dozens of these benefit so- cicties into insoivency; and claimed that the jn. vestmeat of individual savings in lifeinsornce e:lm sound companies was. intinitely more sensi- ble. z At the annual meeting of the shareholders of the Royal Canadian Insurance Comosy,tha anpual report. shuwed that the amount foe s curity of policy-holders was $552,414; und, after deducting reinsurance-lability, as required by law, amounting to $344..46, there were left 2 capital of $3)0,600. and a surplus for the share- holders of 3207,457,—showing an increase over last year of SGi,464. Considerable discussion took place as to” manazement of the American business, and the expense of conducting it.- A prominent Moutresl merchant, just re- tarned from Ergland, affirms -that the come mercial condition there is not unsatisfactory, Sausfaction is cxpressed that the Stadacom Insurance Company is to be wound up. Srecial Disputch to The Tribune. TORONTO, Feb. 8.—A summons will at ones be issued for & meeting of the Anglican Synod, to clect a Bishoo in place of Bishop Bethuse, deceased. It is probable the mecting will taka place on the 25th or 26th of Febraary, fo this city. I'he candidates spoken of are the Rt. Rer. Robert Machray, D. D., Bishop of Rupert’s Lund: the Rt Rev. F. D. Faugquier, D. C.L, Bishop of Algoma; nnd the Rev. G. Whittaker, M. A., Provost of Trinity College, Toronto. ‘The Ontario budeet has been lnid before the Legislature. The Treasures, in his speech, sl the receipts for 1878 were $2,254,400,—nearly $200,000 less than they estimated at. the besi- ning of the year. Oue cause assigned for this fallipe-off was the condition in which the lum- ber-trade had been left by the depression; apd another was the loss of revenue caused by tha fire in the Central Prison workshops. The ex- penditures for the year had reached $2,108,500, —thus leaving a deticit of $154,100. tested accounts between Ontario and Quebec, he hoped, would soon be confirmed. He also re ferred to the accounts between the Province and the Dominion. ‘The latest assets of the Prov- ince, be stated, were 35,342,743; total liabili ties, $1.311,486,—leaving & surplus on haodof 4,531,362 The receipts for 1879 were placed at $2335,600, und expenditures at $2,257,000, which scem might be increased by supplementary esth cates. ‘The policy of the Government had been to assist liberaly the work of educatios the farmers by grants to Asricuitural Societics of various kinds, and investiug a portion of the surplus in drainage; to provide asylums for the blind; to open the back country for settlement by making roads, and by distributing a larza part of the surplus amount to mubicipalities for the construction of permanent local im-- provements, and affording relief from heavy it debreaness. Specral Disvaich to : St. Jony, N. B., Feb. 8.—The New Brunswick Faruiers' Leawue is in session at Hampstesd, Queen’s County. ‘T'he following topics are to e discussed: First—Is the Convention satisfe’ with the present Jeeislation in relation to Aeré culture; and, if not, what change would it sdt vise! Secoud—Can this Congention sug anything to render Agriculturnl Societics more clficient? Third—Can New Brunswick ship beef to the British market to make it pay, 33 do other portions of the Contincoc of America; and if, in the opinion of thisConvention, it caz, to indicate what is the best course to be pursued and adopted? Fifthb—General farm maoage ment, the importance of more ‘pzinstakiog 0a the part of ull departments and the adoption of the law that * What_is worth doing isworth doing well.” Fiftn—The cultivation of the suzar-heet. MoxTigaL, Feb. S.—Dunbar Browne, late Collector of Inland Revenue, has been arrests ou a charpe of embezzlement. Speciul Dispatch 1o The Trivune. OtTAWa, Feb. 8.—Notwithstanding the strong protests made by the maoazers of the Gran Trunk, Great Western, aud Canada Soutbert Railways against the cattle order, which, if ea- forced so us to prevent the tramsportation throngh Canada of American cattle, wouwid ez~ tail scrious loss on those roads now, and probs- bly cause a permancnt injury to their stoc! traffic, the Government, unheeding theseao-. peals, to-day aunonnces in the Offlcia Gazellé Uit the order recently issued bas been amen ed, prohibiting the'importation or _introduction iuto the Provioces of Ontario, Queber, Ne¥ The Tritume. * Brunswick, Novs Scotia, and Pruce Ed ward Island of cattle from United States for three _mouths. It is feared that;this extensive and lucrative traffie when it has once found a new route through the States to the Eastern markets will not be easily regained by the Canadian railways, aud it claimed that the enfurcement of the order fut three months will be productive of more injury 10 Canadian railway interests than the tot value of all the catile shipped from Capadist ports in any one season, spectal Disputch to The Tridune. MosTREAL, Feb. $.—The North Shore Rail~ way was formally opened to-day, aud a trax with the Houa. Mr. Joly, Premier, and sest! of his colleagues avoara, left this city in s forenoon for Quebce. ——— A Shark-Story. San Francisco Chronicle.” The following ietter, written by one of {k® officers of the British bark Lutterworth, bas been handed us, with the request to publish tbe same: ** While the Lutterworth was Jyig calmed in the tropics a large shark was obser¥! swimming around the sinp. A large book w1 a cbain attached was baited with a four-pou piece of pork. The shark made for it and bolt~ edit. Io hauling him up the chain parted De coolly swallowed the hook, chain, and_pork Another hook was then baited, whico ke imme: diately seized, biting a threc-inch rope in twairy and alsodwallowini 1t with another four-poud! piece of pork, A with & similur pi 1l sbark was caughi and funded on our main dec All unds cleared from hims, for he was ina tef rible flutter. His tail was cut off with ‘the car penter’s ax, which quieted him u little. Somé suld it Was 00t the sunie shark we *had hookt before. He was cug open, when we foond &h8 two larze shark-hooks and chain and rope sagZ 1v coiled away with cight pounds of pork iz locker. It seems almost incredible, bus all, handsare witnesses to {t.” t