Chicago Daily Tribune Newspaper, February 8, 1880, Page 6

6 THE CHICAGO TRIBUNE: SUNDAY, FEBRUARY 1880—SIXTEEN SAGES FINANCE AND TRADE. ‘The answer is, that the profit she makes in he vast carrying trade by her thousands of ships and steamers covers more than 250,000,000 of the Stocks Dull, and Up and Down by Turns—A Break in Elevated Railroad Stocks. Large Sales of Railroad Bonds in Chicago—Other Se- curities. adverse talance, and the thousands of millions she has at interest among the nations of the earth produces an incume that more than covers the rest of the deficit in exports. The following shows the fluctuations of stocks yesterday: SHH 8 eel 2] = ae =/ 2/2) seat SS [EE Palo 5 {15 Ril ai tod sp ag < Ss] Chieaxo & No: 305. The Produce Markets Active and Irregular —Wheat Firmer. Q Provisions and Other Grain Lower—Pork Ver Weak. FINANCIAL. With few exceptions prices of stocks showed to important changes. There was a breakin elevated railroad stocks. Manhatthn opened 34 lower and sold down to 48%, closing at 49. The Metropolitan went from 114 to 111, and New York elevated sold down to 120, but at the close JA was bid. The decline in Munhattan was caused by internecine difficulties between the different interests inthe Compauy. The other elevated stocks went down in sympathy with it The health of Gould was considered to be of enough importance to call for dispatches stating that he had been able to be at his office, Met. Elevated Railway. ‘whereupon the country breathed easily ee plerated, Bonds. once more... Business at Chicago and | fanbartan New York ‘was not active. Lake Erie & | Centrut arti ‘Western was not traded in go extensively as on | £¢ pty G Sous Oe Chesupenke & Onl the preceding day, but wassteady in price, open- ing at 31, selling up to 34, and closing at 31%. | [1 Ar Pacific Mai! sold down to 403i, and closed at4l, ‘Chicaxo, Mitwan Chicazo. Kock Istand & Pacith ‘Mannibal & St. Joe preferred.. Delaware & Hudson. . preferred. Westert Union Telegraph Go Auandc & Pacitic Telecraph St. Louis & Sun Franci: St. 44, & San Francisco preferred. Northern Pacific preferre Pacitic Malt tie. Fullman Palace-Car Company ‘American District, 736) 1385 Hingis Central.. 8 s nig. meray it. Joe. pean al by =: cisco... 0. Pacit and Indianapolis, Bloomington &. Western was neglected at 39%. Canada Southern partly re- covered, as had been expected by those familiar ‘with the Vanderbilt pian of manipulation. The opening was 663, and the close 6+. ‘The gains were New York Central, % to 151%; Lake Shore 3%, to 101; Erie i, to 48%; Iron Mountain %, to Sita; C, C. & I. 6.1%, 0 583 St. Joe X, to 40; the preferred %{, to 7; Morris ‘& Essex }j, to 103%; Canada Southern 1, to 67%. Wabash 4, 104555; Western Union %, to 10%; Lake Erie & Western X, to 34%; Central Pacific 1, to 84; Alton & Terre Haute X, to 2433. The losses were Michigan Central to 90! Northwestern Yj. to 8913; St Paul 4, to Th; Louisville & Nashville ty to 119%; Ohio & Mis- sissippi %, 10 30%; Delaware & Hudson %, to ; Lackawanna 3,, to 85%; Jersey Central 4, to 813; Kansas & Texas X, to 464; Wabash pre- ferred %, to 69%; Atlantic & Pacific %,to 42; Northern Pacific preferred 1%, to 56; Pacific Mail X, to 41; Manhattan 13, to 49; Central Arizona 3, to 11%; Chesapeake & Ohio %, to Indianapolis, Bloomington & Western I, to Baye. “Chicago, Clinton, Dubuque & Minnesota sold at 59% and 6); lint & Pere Marquette at 25; nois. Kansas, and Jowa and we ty to make every investment absolutely safe. Our sates during amounted to more than two million of dollars, mostly to Eastern insurance companies, eavings banks, caj italists, and trustees of estates. THE MERCHANTS’ SAVINGS, LOAN AND.* TRUST COMPANY Buy and Sell OSITED STATES BONDS . and LOCAL INVESTMENT SECURITIES. Also pay the highest market price for Chicago City Se crip. Y MARCY & CO. 2 La Salle-st, ‘Chlearo, Tit DEALERS IN MUNICIPAL SECURITIES. We can furnish in sums to suit. from $100 to GEO. ‘$100,000, County, City, or ‘Town Bonds, which will pay the in- ‘vestor an ave! @ of 7 per cent per annum. éd by dierent localities in mi- rag ‘These bonds are tsened for various purposes—vi to build court-houses, school-houses, jails, etc.; 10 fund floating debts, to balid bridres, etc. We examine everything wo offer with great care; throuch us the rear Isihave We collect the in- ten years. Unllund examine for yourelf, whether you wish 10 make a large or small if i myestment, GEO. 0. MARCY & CO, No. 152 La Salle-st., Chicago, DL ‘We are always in the market for the purchase of any such securitles, issued by counties. towns or cities. “Iowa Central at 1: Houston & Texas, 5; In- dianapolis, Bloomington & Western incomes, 6133; Iron Mountain first incomes, 94; seconds, TK. There was 2 point about Lake Erie and West- ern to the eect that the targest holder had agreed not to sell, and that the pool were going to push it to 40. TRASK & FRANCIS, Bankers and Brokers, ‘ BROADWAY, N. ¥. Members of the New York Stock Exchange and New York Mining Stock Zxchange. Allciasses of Securities Bouzht and Sold on Commts- sion und Carried on Mai Daily Market Letters sent to Customers. Erie second 63 opencd at 90:4, and closed at 91. Iu railroad bonds in New York on Thursday the dealings were well distributed. Erie con- Solidated seconds and do fanded 5s were jn act- ye demand, the former advancing from'90} to 20%, and the Intter from 8454 to 8513. Lake Erie & Western firsts rose from 9t to 9134; St. Louis & San Francisco seconds class B from 7155 to "2; Chicago, Burlington & Quincy %s from 119% to 120%; Wabash new ‘%s from 9X to 98; do seconds from 103% to 104. Kan- sas & Texas firsts fell off from 105% to 1043; do seeonds£from 68 to 67%, but the latter afterward rose to 63}. Iron Mountain second COOK COUNTY AND THE FIRST NATIONAL BANK OF CHICAGO Has for sale a large line of choice Gand7 per cent Railroad First MORTGAGE BONDS. Milwaukee & St. Paul ists, bearing7 per cent, duein ‘196, are for sale at 105}4 and interest. WEST CHICAGO5 PER CENT BONDS. MILWAUKEE & ST. PAUL FIRST MORTGAGE 7 PER CENT BONDS, due in 19. INVESTMENT. BONDS OF ALL KINDS, CHARLES HENROTIN, 105 Wasbington-st. preferred incomes rose from 65% to 71%, reacted to 70%. and advanced to 72%. C.,C. & 1. C. sup- plementary declined from 3% to 9143, and closed atg92, International seconds Purchasing Com- mittee receipts declined to 47; Houston & Great Northern do to 46. Denver & Bio Grande firsts rose to 104%, and reacted to IH. Chesapeake & Obfo firsts fell off from 67X to 674; do Currency 6s from 423 to 412¢- + Holders of Government bonds in Chicago are taking advantage of the present high prices to Bell. The 45 were 1051g bid and 105% asked in New York, with sales of registered at 105%. In‘ Chicago, the 4s were 105 bid and 1053; asked. The 4%8 were 107% and 108%; the 5s, 102% and 10334; and the és, 105 and 105%.. There is a Chi- cago demand for District of Columbia 3.65s. These are now sclling at 89}4,at which price they yield 4 17-100 interest. Foreign exchange was doll and strong, with no important variations in prices. In sterling the posted rates were 483+ and 483. New York actual rates were 482% and 435@1854. In Chicago actual rates were 482% and 483. Sterling com- mercial bills were 4S0N@t814. Paris bills were 524, Antwerp 59533, and Havre 5%. German commercial bills were 91. Currency shipments are slightly in excess of the receipts. New York exchange was quoted between banks at par. Discounts are not active, and rates are unchanged at 6@$ per cent‘at the BY TELEGRAPH. NEW YORE. New Yonre, Feb. 7.—Governments irregular. Railroad bords strong and generally higher. State securities neglected; nominal. - ‘The stock market was weak in the early deal- ings, and the general list declined a fraction, but the decline was subsequently recovered, and tho market closed tirm. “C.,C. & LC. fell of from 2% to 2, rose to 24, and closed at 3%. Canada Southern rose from 66% to 67%, and Boston ‘Water Power from 17% to 19, but later reacted to 13%. Lake Erie & Western advanced from 33% to 3134, and closed nati first preferred fell off from 13 to 12, rose to 134, and closed at 13%. New Central Coal de- clined from 26X to 23%, and closed at 243. Ele- Zs vated Railroad shares declined 14@3 per cent, and recovered 1@1% per cent. at 344. Marietta & Cincin- ‘Transactions were 149,000 shares: 6,500 Canada Southern, 1,200 Chesapeake & Ohio, 6,300 C.,C. & L C.,4,500 Delaware & Lackawanna, 25,000 Erie, 1,700 St. Joseph, 5,000. Iron Mountain, Kansas & Texas, 5,800 Lake Erie & Western, 3,800 Michigan Central, 6.100 Marietta & Cin- cinnati first preferred, 2,200 Northwestern, 12,000 Nashville, Chattanooga & St. Louis, 1,200 New Jersey Central, 1300 New York Central, 1,600 “Ohio & Mississippi, 4.500 Pacific Mail, 5,700 St. Paul, 14,000 Wabash Pacific. 1,700 Western Union, 2,000 Littie Pittsburg, and 1,200 Northern 11,000 banks and 627 per cent on the strect. Pacific. Manager D. R. Hale, of the Chicago Clearing- ‘ce 2 House, makes the following report of the bank seiner pnttart caus a 4@6, closing at 4: prime clearings for the week: : Balances. ‘$677,901 1789 au 58,110 BG55T FESS BAS 2,008,293, £ Thoimportance of Chicago asa financial centre may be seen by the fact that one institution Sterling exchange weak; sixty days, 482%; sight, 46135. The Arbitration Committee of the Stock Ex-~ change has decided that the 50,000 shares of Central Pacific stock sold Jan. 29 by five brokers representing a syndicate in the stock was sold eau aeidend that is, without the dividend of Loans, increase, $7,187,100; specie, increase, $2,- r cent due Feb. ‘he following is the weekly bank statement: » Bee 681.80; legal tenders, increase, "$2,148,100: de- here within a few days bas sold one-third of 723,300: the Chicago, Milwaukee & St. Paul first ts that | Pista encase Hi t2S.AN0s eireulation, Increase, ‘were puton the market at New York, The The banks now hold $3,331,450 in excess of their sales -yesterday were $275,000 at 10%. Cook | Jesal requirements. County ds, $5.00) were sold at 10313. . Chicago GOVERNMENT BONDS. Berip is UE. On the Chicago Mining Board there were sales of 1,000 Leviathan at 20. The following quota- tions were made: Pi North Chteago City itatiwa; C.. B. & Q. : eh Ciiengo X Alfons. <2 He pes Gis Sellen. Chicago & Alton, pees Town of Lake New York C 1: #ifth National Harlem tle. pi ‘Comniercint National Lake 51 Houlsvitle & Nashvith Merchants’ Nauonal Bank.. Hi & Texas, ‘Union Nawvonal Bank. National Bank of Ilinois... Merchants’ Savings, Loan & Trust Co. Hige & Leather, Cotton opened at 14.59¢ for April and 13.80c for ‘May, and closed steady at 1327c for March and 13.72 for May. The Sun says that all rumors relative to the extension and future of the reorganized At- | 1c. lantic & Great Western Railway have been | 3,1 denied at the banking house where the recon- | A. & Tr. struction trustees have their headquarters in New York. The agent of ir. McHenry eaid that the course of the reconstruc- tion trustees was limited by the plan of reor- ganization, and that they would do nothing in the way of leasing or extending the road. He Knew. however, that funds were ut the command of the reorganized company to build a Chicago connection from Ashland, O.,and another from Salamanca, via Port Allegheny and Williams- Port, to connect with the Philadelphia & Read- ing Itailroad, over which and the Jersey Central it would reach New York. 5 Consols opened and closed at 9715-16. The Bank of England lost $760,000. ‘The British foreign trade for 1879 exhibits a gainin exports. The net imports during the calendar year amounted to $1,530,638,705. The exports of British productions during the same Period footed up only $957,515,360. This exhibits an adverse balance on the foreign commerce of $57,120,315 for 1879. Thisis not so large as the Preceding year, as will be seen: Northwestern, Sc Paul, preferred... St Paut'S Minnesota. $e] American Express... 56 St Paul & StouxCity.. 38 {United States Express 47 BLP. &S.C., pia. uicksitver. 21s Del. Lack, & Wes Mortis & Essex... Delaware & Huds Hannibal & SC H. & St. Jo, pia... 108% Garrat are the closing quotations at the Stock Board: Canada Souther Michisan Central. Ene. preferred. Northwestern. Snion. 04 Atlantic X Paciiic Tel. 42 Tata A bray Ay aS FOREIGN. Loxpox, Feb. 7.—Consols, for money, 97 15-16; account, 93 1-16. American securities—New 5s, 105%; 4s, 111%; 3, Minois ntral, 10733; Pennsylvania '515@39; seconds, 9; Reading, 35. The bullion withdrawn from the Bank of En- gland on balance to-day was £72,000. P. 5c. "ARIS, Feb. 7.—Rentes, 8f I MINING STOCKS. SAN FRANCISCO. San Francisco, Cal., Feb. 7.—The following Hawk... BRITISH TRADE IN 15) AND 151, aes ver Kine: Be pe "AIC. Imports of forelm mer, $ chandise..... a 2,510,585 Ba lass reaxports.-. = 250,000,000 Net imports... FLSTAGS, 705, zports of British Par SLA cess of tmports......8 SSIS — § G15,625.700 his oebipisaTceaucdoa of eRasieis inthe value | Sierra \ of the foreign merehundise." Union Co ‘The question is often asked how doesGreat | Xellows Britain stand such an adverse balance of trade? | Potosi. Martin W.--2:--oes--0--18:99| Leopard. dependence Puscara Consolidated 3) Kossuth ‘Mammoth. # [South Ni COMMERCIAL. The following were the receipts and shipments of the Jeading articles of produce in this city during the twenty-four hours ending at 7 o'clock Saturday morning: # RECEIPTS. Flour, br! Wheat, bi Withdrawn from store during Friday for city consumption: 2,582 bu wheat, 18,748 bu corn, 6,004 bu barley. i The following grain was inspected into store in this city Suturday morning: 3 curs No. 3 winter wheat, 27 cars No. 2 spring, 27 cars No.3 do, 7 cars rejected,1 car no grade (65 wheat); I5lears No.2 corn, & ¢ars high-mixed, 83 curs new mixed, 13 cars rejected (329 corn); 2 cars white oats, Scars No.2 mixed, 11 cars rejected (oats); 5 cars No.2 rye;"l car rejected; 1 car No.2 barley, 7 cars No. 3 do, 8 cars extra (16 bar- ley). Total, 458 cars, or 224,000 bu. Inspected The Directors of the Board of Trade are en- deavoring to stop the trading in grain after *Change hours, and ask the provision men to as- sist. There is reason to believe that the effort will be successful, as the members of the Board are taking the advice in a kindly spirit. ‘The leading produce markets were weak Sat- urday, with the exception of wheat, which ad- vanced early under the filing in of about 1,000,- 000 bu shorts, and partially sustained afterwards by a2c advance inNew York. Provisions were active and quite heavy, being weighed down by large offerings of pork under free calls for mar- gins, by bankers as well as traders; and other Dreadstuffs than wheat were weak in sympathy. Mess pork closed 3135c lower, at $11.60 for seller March and SIL75 for April. Lard closed 7%¢ lower, at $7.05@7.074, for new seller March and $7.15@7.1733 for April. Short ribs closed at $6.15@6.% tor March. Spring wheat closed 4@ Xe higher, at $L21% for spot and $1.2 for March. Corn closed 3c lower, at 35%4c spot and 40%efor May. Oats closed sc lower, at 36}4¢ for May and about 2c for April. Rye was easier at "6c for fresh No.2and 75c for March. Barley was nominal, at S3e sellers for March No.2 and 59@60c spot extra3. Hogs were steady at $4.25 @1.35 for light and at $4.30@455 for heavy. Cattle were weak, with sales on a basis of $2.500 5.40 for common to extra. ‘The demand for dry goods continues of gener- ous proportion for the time of the year, and the tone of the market is buoyant. Both cottons and woolens are steadily advancing. In the gro- cery market there is increasing actjvity, and prices seem tobe working firmer. Boots and shoes remain firm. The demand is on the in- crease, and jobbers look for an unusually active spring trade. No changes were apparent in the market for dried fruits. Fish were firm and steady as lust quoted. There were no new feat- ures of importance to note in connection with the market for dairy products. A fair degree of activity was apparent, and the prites current earlier in the week were thorougly supported. Prices of canned goods remain firm. No changes were noted in leather, bagging, tobacco, pig- iron, and coal, Ojls were generally steady. Lumber was in moderatedemand. Tho ship- ments are fair, and local manufacturers of boxes, ete., are taking considerable stuff. Furs were steady, beaver, otter, and other flat, smooth furs having advanced in syinpathy with the London market. The rise is attributed to the fact that these varieties are becoming fashiona- ble in France for.trimmings. Tho wool market was firm, and some grades are already scarce in this market. Broom-corn was quict. Timothy seed broke about10c per bu under free offerings, with considerabie seed sold at the decline. Other varieties received little attention. Hay was quoted weak under increasing supplies. Poultry was in demand and steady. The following little table shows the latest prices on pork, lard, and short ribs for March delivery for four Saturdays past: Pork, Lard, Ribs. Seat ea 65255 6.50 bing in the my per cent on pork and 8c on lard and meats. Parties in the trade figure out 13X{¢ per bu on wheat and3ijeon corn, to the “disfavor” of direct shipments from this city to Liverpool on Saturday's quotations, even after allowing for rebate on storage. PROViSIONS. : HOG PRODUCTS—Were active and very weal ‘There was a slight improvement early, a few outside buying orders having been induced by the’ steadier tone of the previousafternoon. But these were soon filled, and then the market broke badJy under rather large offerings of pork, some ot which wore caused by free calling of margins. After declining to nearly the lowest point of Friday there was a pause, and the market ruled steady till past noon, when it again turned downward. Lard and meats sympathized with pork, though not offered to the sume extent; Inrd was 3d lower in Liverpool. The stock of meats ‘is rela- tively small, su that there ismo pressure to sell; but the quantity of pork on hand 1s enormous, and the stocks of lard are large, notwithstanding a diminished production. ‘The decrease in this city since Nov. 1 has ‘deen 566,000 head os compared with lust year. The packing is reported at 2,039,000) and 2,605,000 head re- spectively. The stocks of provisions in the cities named are estimated as follows: Mess pork, Lard, S.R. bris. tes. ertrrd 223,000 Sides, ages ‘of MESS Pe ut 2i}ée below the latest prices of Frida: for round lots, spot or seller the month, {11.70 seller March, and £11.85.411-5i4¢ for April. Sales were report ed of 37.00 bris seller 3 $1165.01 aund 48,500 bris seller April ut $11.90%12., ‘Total, 6.000 bris, Lakp—Dectined 5¢7c per 100 Ibs from the latest prices of Friday, and ‘closed tame at_about §7.00 for round lots spot or seller February, $7.06, for March, ‘of OW tes ant Ag for April. Sales were r {0ua7.05; 1.350 at 6; 12.5 larch at $1.01i6@7.: eri x 0; 13.30) tes seller Aj At HliMeGi-d; und 1.00 tes Soller May ar Soe Foca, tes, MEATS—Were active in Jocal futures, which de- clined 10¢12}4c per 1001bs. There was some demand at acorresponding reduction for export cuts, but holders were slow to make the desired concessions. Sales were repurted of 10) boxes shoulders at $4.10; 2,00 Ibs green do and 9 boxes, short, clears on, pa* Ge oxes long und short clenrs at 40; 3.5.00) Ibs short ribs, at Si2uGtis0i seller March und SiWGeA¢ seller April; 190,000 Ibs green hams (16 Ibs) Bt io, of ies prreet tckled hams (2) Ibs) at ic, Prices cuts were about as WS at 1 07 for purtly cured lots: ree eee, Short |Shoul |L. & S.| Short ‘ribs. | ders. | clears.| clears. Spot, | d. Febnices, box March, boxed.. 415 Short ribs, seller March, closed at c clears BLE.10 loose and Si voxels Cumbes, fe boxed: lonz cut hams, Yosser sire led “hams quoted. at ere for 116d average; 2 hams, same averave, (447; do seller March, % Ereen shoulders, Bie. ym que At doc for shoulders, 64@ic for short ribs, 7127) for sh if , IEEE Iams, Aelia Al Sh asap, sas Heep Was quictat for white, 54G5\e for good yellow, und 4}¢¢5¢ for brown; count 3 Wi red at SNGbe for white, se for yellow, and Woe quoted at tor brown, BEEF—Was quiet at $7.29@7.50 for mess, $7.7528.00 an: Joy exten megs, tnd Si. Onett for hams ; —Was quoted at ote for elty, 0, country, and se for No. 2 dos Hse tor a BREADSTUFFS. FLOUR—Was oguin dull,except the purchase of 1,000 bags in one lot for export. Outside of this there was nothing but a light local demand. Sales were re- ported of 200 bris winters ut 8.756680; 1,400 bris double extras at $4.7546.50; 100 bris no grade at $3354.00; and 300 bris rye flour ‘on private terms. Total, 1,800 bris. Export extras were quoted at $5.00G5.3 in sacks, and double extras do at 5.55.73, OruER MILLSTOFFS—Sales were 6 cars bran at $13.00 per ton; 2 cars middlings at $1325@14.00; 2 car ‘wheat screenings at $6.50 per ton. Coarse corn-meal ‘Was nominal at $14,061.25 per ton on track, SPRING WHEAT—Was active in futures and stronger, advancing Lc, and closing on ’Change %@ 24c above the Intest prices of Friday. The British ad- vices noted firmertone tn ‘Liverpool, with Is per quarter advance in canzoes off coast, end New York Fas quoted about 2c higher, while the receipts here ere small, and excceded by the reported shipments, ‘This led some operators to think thut wheat is on the edge RG Aan Dpturn, ‘and ther bought. One firm is believed to have fified nearly 1,00, shorts,and the purchase wasfolloned ty serene nee of smaller quantities, from 100,00 bu down. ‘This took bout all the wheat there was on sale, and left little to be offered afterwards, except in the scalping way, | out: 6,355 bu wheat, 93,833 bu corn, 817 bu oats, 1,285 bu rye, 3,362 bu barley. j though a few-small sellingorders were received after 2 o'clock, and local OpERntOrs were somewhat im- ressed by the weakness in pork. ‘The later New York. legrams noted an easfer tone. ‘There was 2 ood demand for spot in proportion to the offerings, clasing at $1.05 for fresh receipis of No. 3 in favorit houses, and #121 for No. 2, the March premlum receding to Seller March opened at $L2G1.224, advanced to 4, und fell off to $1213{ at the close. | Seller the month was quiet at sL2i@i2i5, closing utS2L_ April FAs quiet at 3L2y@12i4, and May was exslor, rang Ing at @3\c above March, Spot sales wore reported Of 23.400 bu No. 2 at $1.21@1.2154; 3,0W bu No.3 at $1.06; 800 bit do at 1.0514; 30,000 bu do, winter storage, at $1.03 1.05); and. G40" by’ sample at T0GELL, mostly on track. “Total, 300 bu. STEER WHEAT Sales werg 0) bu rod at $122; and un No. 2 Minneso! Lia CORN Was modorely seve, and quite wenk; It advanced He early, but deciined, under rather large offerings. {0 3@3c below the latest prices of Friday. Liverpoo! wits quoted dull und easier, and New York was dull in sympathy, while our receipts were some 50 er cent larser than those of Friday. The weukness Pork tended to depress corn, but the chief point Seemed w be that colder weather Ws expected to give big arrivals, and this weakened the hunas Of parties who held futures, ‘There was x fulr de~ miand for cash lots, but buyers reduced their bids when futures fell off. Sample lots were quite dull, especlully cur corn. Seller Mny sold curly at 4béc, touched ‘4li4c, und declined to 4U'éc nt the close. Sellerthe month ranged at 35}4@-e, March at Sig He, June at wYGle, ond July wt d1cet13{e, all closing: atthe inside. Cash No. 2 closed nt = referred houses. Spot sales were reported of 1400 No. 2 and high-mixed ut s3¢es0c: 7.00) bu new hish-mixed at ie; 4.tu) bu now mnixed at 3i<e; 4.400 bu rejected at dics 18,000 bu by, sample at uiGaisfe track; 400 bu (choice) nto; 12,00 bu at @vilée, free. gn board cars; and 5,100 bu ears at #@3sc. Total, 180,- in OATS—Were moderately active and 5443{c lower, ‘The market opened strongor in sympathy with whont, then fell off under free offerings, and tho receipts Were lurger thun for some. duys previous. Som- ples were plenty, and slow atlower prices. Seller May sold ut Sic early, then fell off wo Siéc under rather free offerings, and’ closed easy at the. lower price. April sold towards the Inst at d2c, and February outs Were quoted at sli¢aiijge. Fresh’ No.2 were quoted At Sic. Cash wales were reported of 15,700 bu by sam- le ut 33@-35c on track, and 12,700 bu at S3@or}4c free on curd, ‘Total, 23.40 bu. RYE—Wns ‘quiet and easter. The offerings were small, and there was little inquiry. Fresh No. 2 sold at‘Gound March at 7c in settlement, Seller the month Fas quoted at 74c. Cash sales Included 400 bu No. 2 at ,60) bu by sampie at 77@7se on track. Total, 2000 bu, BARLEY—Was inactive and nominal, excepting samples, which were taken br tho local trade. Noth- ing was done in futures, and many operators refused tonameaprice. Extras’ 3 wns quoted nt S3@6)¢ for March und cash, and No.2 at Sc spot and 8% sollers for x Se. Cash sales - No.3 was quoted at wero reported of 1,00 bu by sample at ise8ie on LATER. Saturday afternoon provisions werp. active and lower. The offerings were free, und. mess pork de- clined about 10c per bri, recovering. silently at tho close. Mess pork sold at S1LWiL@ for Starch, clos- ing ut about $11.00. April closed at £1175, selling earlier at#1.s5. Lard was quoted at the lust at 8.15% TAI for April and £7.05¢7.74 for March, Sfeats were died lower, at $3.2 for April und $6.15@6.20 for arch, ‘The grain werequtet. Whent closed cre inarkets: firmer, at 31.2g1.254 for March, and corn at iU}ée for ‘May and dlc for July. BY TELEGRAPH. FOREIGN. Special Dispatch to The Chicago Tribune LIVERPOOL, Feb. 71:3) a. m.—FLOUB—No. 1, 12s; No.2, 9s 6d. Guatx—Wheat—Winter, No. 1, 10s 104; No. 2, 10s 24; spring, No. 1, 10s 7d; No. 2, 10s: white, No. 1, 10394; No.2, 0s; club, No. 1, is; No.2, 10s 7d. Corn—New, No. 1,53 4a; old, No. 1, 5s 7d. PRovistoNs—Pork, Os. . Lard, 383 94. LIVERPOOL, Feb. 7.—CoTtoN—Hardening at THO 734; soles 10,000 bales; speculation and export, 2,000; American, 8,000. PRovisions—Lard, American, 339d. Bacon—Long clear, 35s td; short do, 41s. ANTWERP, Feb. 7—PETROLEUM—I5H/f. The following were received by the Chicago Board of ‘rade: LIVERPOOL, Feb. 7—11:5) a. m.—Flour, 9s 64@12s. Wheat—Winter, ls 2dGl0s 10d; spring. 10s@10s white, 10s@10s $d; club, 10s u@Lls. Old corn, 5s Td; new, 53 4d. Pork, Ls E LIVERPOOL, Fi LIVERPOOL, Feb. . 250 p. n.—Unchanged. Wheat in fuirdenmund and firm; red winter, 10s Id: ‘No.2 spring, 10s td; No. 3do, 10s, Gailtorais dectined 14. Corn dui} and easier at 5s “tga. Gargoes off coast—Wheat in fulr demund for the Unitod Kingdom and Continent; red winter advanced 6d, and No. 2 spring Is, Arriyed—Wheat und corn steady ut the decline, ‘o arrive—Wheat—Better tone; Culifornta advanced td. Corn in falr demand and trm. Pork—Western prime mess, tus. Lard dull ut 3d. Bacon—Long clonr, 8 Gd; short clear, Sis. Tallow, Std. Cheeso, 73s. Beef—Prime mess, dis LONDON, Feb. 7.—LIVERPOOL—W hen: firmer; Call- fornia, Ws tdetis.” Corn rather ensier at 5s 43d. Car- oes Of const—Wheat n shade dearer; fair average No.2 spring, Sis@is td; fulr average red winter, 51s 6a." Corn tirmer. Cargoes on passage—Wheat im- proving. Corn tim. Fair averaze quality of No. 2 Jhicago spring for shipment during the present and following month, 0s. NEW YORE. To the Western Associated Press. ._New Yous, Feb. 7—CoTroN—Market easter at 13 @l3¥e. Futures steady; February, 14.10; March, 13.27¢; ‘April, 135le; May, 1371¢; June, 1290: July, 14.000; August, 14.10; September, 13.55¢; October, 12.65c. FLouR—Quiet;recelpts, 7,000 bris; superfine State and Western, $1.75¢525; common to good extra, $5.25@5.70; good to choice, §5.75G7.75; white wheat ex- tra, $5.63025; extra Ohlo, $.50G7.50; St. Louls, $5.40G7.i5; Minnesota p~rent process, $7.0088.75. GRACN—Wheat—Marcet dull; receipts, 16,000 bu; un- graded spring, $1.29@135; No. 3 spring, $1.30; ungraded $1.43: No. 2-do, SL4GW@ls7; ungraded 38. ‘No.2 do, $1,034; do (sates 48.000 bu), t L4iGito; No. 2 red, February (sales 43.000 bu), AUELAGEGLiz; March (sales 2U00 DO), at SLASLI! Apri (sales 142.00 bn), nt $1-50@LW4; May (sales OW) bu), at s1.404G150. Rye scarce and nominal at .00. Corn duil ‘and nominal; 131,000 ungraded, Bsc; No, 3% sgesie; 2 Feb- = March, SoM@me. Oats heavy; receipts, 15,- ‘ba: mixed Western, 47{@issac. HAY—Demund nective at ze. Hoprs—Choieo steady; others Telse. Gnocerizs—Cotfes quict and unchanged. ' Suyar qteady {alr to kaod retining, 73437*6c- Molasses nom- tonlls: umebanxed: Rice—Demand fair and market unchanged. eT ROLEUM—Dall; united, 9c; crude, 7@73{c; re- at6 13-160. ly unchanged, Dull at Uc. Western, 10@18¢, ATUER — Steady; hemlock sole Buenos Ayres id Itio Grande light middies and heavy weights, 23 Woot—Ia good demand; domestic fleece, 3 pulled, 502350; unwashed. mies PROVISIONS—Pork dull; old mess quoted st £12.00. quietand unchanged, Cut meats dull and un- settled; long clear middles, 7¢;_short do, “fc. Lard heavy: prime steamed, #7.5567.0. BuTTER—Qulet but steady; Western, wezie. Cnrese—Firm; Western, 1kelsi(c. Wuisky—Nominal at $1.11@112. Marais “Manufactared copper, nominally un- ce, 2@Ufe. Pig-lron quiet but i soctehn sat cegss00; Aaverican Sr SedhON Ie —Russla sheeting, lide. ‘NAILS: 5 Cut, $5.1565.95; ellnch, $6.2566.85, MILWAUKEE MARINE NEWS, Special Dispatch ta The Chicago Tribune, MILWAUKEE, Feb. 7.—Shipments across the lake are at present so light that the steamship Minneapolis is the only boat ply- ingon the Grand Haven route. The R. J. Hacket and Forest City remain in ordinary. After the expiration of Capt. Peck’s con- tract with the Detroit, Grand Haven & Mil- waukee Railway Company, on the 3lst of March, the cabin is to be removed from the Minneapolis and the craft converted into a steam bares for the iron-ore trade. It is also probable that Capt. Peck will resume his resi- dence at Cleveland, hg z : ‘The scows Blue Bell and-Mocking Bird are lying at Manitowoc, loaded with ice for Mil- waukee and Chicago, ie The schooner ‘Alice Richards is receiving extensive repairs at Manitowoc.‘ John Jacobs, of Manitowoc, has sold the schooner Industry to James Gunderson and Louis Miller, of Sheboygan, for $1,800. The old sheds south of Buffalo street bridge have disappeared, and will be re- placed with a mammoth. fire-proof structure similar in styleand general appearance to the buildings erected by the Chicago, Mi:waukee & St. Paul Railway Company for the use of the Union Steamboat and Anchor Line pro- pellers. With the completion of this addi- tion and the erection of the new_fire-proof Warehouse west of the new Menominee bridge, Milwaukee, through the efforts of the railway company, will possess the most extensive freight warehouses to be found on the entire chair of lakes. ee EE MYSTERIOUS DISAPPEARANCE. Spectat Dispatch to The Chicago Tribune. Sr. Louts, Mo., Feb. 7.—Presto San Felix, a well-known tobacco-dealer, lately doing business at No. 620 Pine street, in this city, has disappeared under singular cireum- stances. At 7 o’clock Wednesday morning San Felix took pres in money and left the house, saying that he was going to pay some Dills. Sines that time he has nut been heard of. He was in good circumstances, left sev- eral thousand dollars’ worth of stock in his store, and all- his relations were pleasant. He has purchased large quantities of tobacco in Havana, always tasting it, and the odd feoture of the case is that this tasting is sup> posed by his wife to have made the man in- sane, ai dull; yearlin; ‘PALLOW Steady i Nominull rm LEATHER changed; ingot lak ‘Scotch, $12.03: ——__— RECALL AND REGRET. ‘Why are we bound to remember That which the heurt would forget? Why will the mind ever linger Over the grave of regret? Love is a half-withered flower, Hate is a torturing pain; Sleep is but death of an hour, And memory wakens again. "Lis but the wraith of our story. But clear as the rays cf the sun It will be till my hair shall grow hoary ind the sands of my life shall have run. Chill as a grave in December, Setting the heart-chords afret, Is the ghost of our love Lremember— is the past I would dio to forget. ~ O brown eyes all dim in your sorrow! Brown Tocks intermingled with gray! Teitetday, now, and peter iy Memory ever will stay! Darkly the shadows are blended; Life with death—midnightand day— So on till the curtain, descended, Shall hide the last act in tho play. HUBRICANE Hatt, Feb. 1, 1860. AVIS GRAY. DARWINISM. Has Man Been Evolved from Irra- tional Animals? What the American Colleges and Schools Do Not Teach. Replies of Nine College Presidents to the S¢Observer’s ” Inquiries. From the Popular Science Monthly for February. ‘The gradual acceptance of the doctrine of evolution among our theological friends is causing some perturbation which it is im- Portant to notice. Our orthodox. contempo- rary, the Independent, recognizing the mis- chief that is belng done by the obstinate re- fusal of religious teachers to accept the con- clusions of science, came out strongly in favor of the evolution theory. Dr. McCosh had declared, in addressing the Evangelical Alliance in New York: “It is useless to tell the younger naturalists that there is no truth in the doctrine of development, for they know that there istruth which is not to be set aside by denunciation. Religious philoso- phers might be more profitably employed in showing them the religious aspects of the doctrine of development; and some would be grateful to any who would help them to keep their old faith in God and the Bible with their new faith in science.” The Independ- ent took this ground, and in its article upon the subject suid: “ We are all taught in our best schools, by our scientific ‘authori- ties, almost’ without exception (and we Jaymen in science are, therefore, compelled to believe), that man was, at least so far ag his physical structure is concerned, evolved from irrational‘:nimals, We, therefore, can- not lielp doubting, as every thinking and scholarly young man {in these schools] must and does doubt, whether the story of the fall in the first Adam is historical.” The cautions and vigilant New York Ob- server now took the alarm. It sent this pas- sage to nine Presidents of colleges, and asked them if it was true that it represented the teaching in their respective institutions. Dr. Porter, of Yale, replied, ‘The inclosed does hot sive a correct representation of the teach- ing in this college by_our ‘scientific authori- ties.” Dr. MeCosh, of Princeton, said: ‘In answer to your inquiries I have to state that "we do not teach in this college that man is ‘evolved from irrational animals.’ I teach that man’s soul was made in the image of God, and his body out of the dust of the ground, I do not oppose development, but an atheistic development,” Dr. Chadbourne, of Williams, answered: “The doctrine is not taught here that man, even in his physical nature, was_evolved from one of the lower animals. Wallace, who claims with Darwin the honor of the doctrine known as ‘Dar- winism,’ admits that its principles fail when applied to man.” President Cattell, of Lafayette, replied: “I have never heard of any of my colleagues expressing, either in private or in the class-room, opinion referred to in the Slip you send me. We are keenly alive here to the danger from what is manifestly the infidel ‘trend of the views penerally held by evolutionists. It is a great relief tome to know that among all iny colleagues there is such a cordial accept- ance of the old faith, which it has been the tendency or the avowed aim of these materialistic _teachers to destroy? Dr. Brown, of, Hamilton, responded: “The doctrine ‘of the ‘evolution of man from irrational animals’ has never, to my knowledge, been taught in Hamilton College. I trust it never will be till it is. proved to be true, as in my judgment it has not been, and do not think it ever will be.’ President Potter, of Union, declared, ‘The printed statement you for- ward is not a correct statement of the teach- ing in this college.” President Robinson, of Brown University, replied, “We-do not teach the doctrine stated in the inclosed slip.” Dr. Anderson, of Rochester Univer- sity, protested that “we havenevertaught in our institution that man is ‘evolved -from ir- rational animals,’ for the simple reason that we believe thé notion to be an unveri- fied hypothesis.” And President Seelye, of Amherst, indignantly responded: “This college does: “not ' yet teach groundless guesses for ascertained truths of science. So long as the notion that man is evolved from the monkoy. or from any irrational animal has not a single fact to rest upou, and is in fiat contradiction to all the facts of history, I think we may leave itwith the sciolists.” *s = is Now, this unanimity of unqualified denial | has its significant implications. For, if evo- lution is not taught in those colleges, we may fairly infer that it is because the old alterna- tive doctrine has not been given up; that is, as President Cattell observes, there is among his colleagues * such a cordial acceptance of the old faith.” Hence we learn that, on a large question of natural history, nine of the leading American colleges teach the old theological beliefs rather than the con- clusions of modern science. ., rhe Observer of course exultingly avails itself of the official declarations it has elicited, and points the moral of the case by restating the biological teaching of the Holy Script- ures,” :still inculcated in the colleges. It triumphantly asks of the Independent: “Where are the schools, ‘our best schools,’ in which its vile doctrine is taught? De- grading asthe doctrine is, opposed to the common sense of mankind, contradictéd by science, and history, and the Holy Scriptures, what reckless audacity there is in asserting that itis tangzht in our best schools!” Again itsays: “The Apostle Paul atlirms that ‘by man came death,’ and that ‘in Adam all died,’ and that ‘death reigned from Adam to Moses,’ and that ‘by one man’s offense death reigned by one.’ But the Independent says that ‘every scholarly young man’? must doubt whether the fall in Adam is a fact.’ ‘The historian Luke traces the lineage of the Son of Mary from son to father, step by step, till he gets back to Seth, ‘ who was of Adam, who was of God.’ This is the Biblical his- tory of development, by which the human race is traced to the time when Moses says God made man andcalled him Adam, . .. No. young person whose iind receives the views of the Independent can at the same time bea believer in the oracles of Divine truth. To hold the one is to despise the other. Jf the irrational animal gospel is true, Christ’s Gospel is 2 humbug.” Such is the theological biology to which the Presidents of nine American colleges are thus authoritatively construed ascommitting themselves and their institutions. Several interesting questions here arise, and the first is an unpleasant inquiry as to how far these Presidential declara- tions are, fair and true. Do they repre- sent thé facts or do they mislead? We leave this q estion to be answered by the Independent Having gone behind the returns and looked into the subject, it re- orts that, in Yale, Profs. Marsh and ana are pronounced evolutionists, and that what is true of these two men is true of Ver- rill, Brewer, Smith, and of all the other teachers of the biological sciences in Yale College; and it quotes Marsh as having said before the American Scientific Association: “Tt is now regarded among the active work- ers in science as a waste of time_to discuss the truth of evolution. The battle on this point has been fought and won.” As regards Princeton, the Independent says: “Dr, McCosh is quite outspoken in defense of the legitimacy of evolution, though not a Darwinian nora naturalist. Prof, “Macloskie, their only. naturalist, a man who hasdeveloped remark- ably within a few years, is even more de- cided in the same direction, as are, without reserve, the distinguished Professors of As- tronomy and Physics, Young and Brackett.” In respect to Brown University, we are told: that “Prof. A. S. Packard, s the only instructor in zodlogy or botany that we recall in Brown. He fully believes in evolu- tion,—inan’s physical structure no exception, —and his published books support evolution through and through.” 3 As to Amherst, “Jt is sufficient to state that the Professor of Geology in Amherst is an unreserved theistic evolutionist, who teaches the antiquity of the human and we have no doubt the same is true of his young colleague in natural history.” che Independent then presses the question as follows: “Why did not the Ohserver inquire of the , President of Harvard College? Probably be- cause he was afraid of the answer he would get. But did/he not know that Harvard is one of those ‘best schools,’ having ‘scien- tific authorities,” which we were talking about; and that Louis Agassiz, the great, opponent of evolution, the most in- uential naturalist that ever lived in America, wasa Uarvard Professor, while Asa Gray, the great American botanist, a champion of religion against materialism, and a devout member of an orthodox church, is another Harvard Professor? But its omission was wise. Ofall the younger brood of working naturalists whom Agassiz educated, every one—Morse, Shaler, Verrill, Niles, Hyatt, Scudder, Putnam, even his own son—has ac- cepted ‘evolution. Every one of the Harvard Professors whose departments have -to do with biology—Gray, Whit- A. Agassiz, Hagen, - Goodale, ‘James Farlow, and Faxon—is an evolutionist, and man’s physical structure they regard as no real exception: to the law. They are all theists, we believe; all conserva- tive men. They do not all believe that Dar- winism—that is, natural selection—is a suffi- cient theory of evolution; they may incline to Wallace’s view, but they accept evolution. It is not much taught; itis ken for granted. ‘At John Hopkins University, which aims to be the most advanced in the country, nothing but evolution is held or taught. In the excellent University of Penn- sylvania all the biologi professors are evolutionists,—Profs. Leidy _ and Allen in comparative anatomy, Prof. Roth- yock in botany, and Prof. Lesley in geology. We might mention Michigan University, Cornell, Dartmouth, Bowdoin; but what is the use of going further? It would only be the same old story. There can searcely an exception be found. Wherever there is a working naturalist, he is sure to be an evolutionist. We made inquiry of twoex- Presidents of the American Association for the Advancement of Science. One wrote us, in reply, ‘My impression is that there is no Diologist of repute nowadays who doesnot accept in some form or other the doctrine of derivation in time, whatever be the pre- cise form in which they suppose the evolu- tion to have occurred.’ successor Té- plied: ‘ Almost without exception, the work- ing naturalists in this country believe in evolution. . . . In England and Germany the belief in evolution is almost universal among the active workers in biology. In Branee the belief. Pye less general, Du i is rapi ini round. . . . I should r a teacher o science who denied the truth, of evolution as being as incompetentas one who doubted the’ Copernican theory.’ We chal- lenge the Observer to find three working naturalists of repute in the United States— or two (it can find one in Canada)—that are not evolutionists. And where 3 man be- lieves in evolution, it goes without sayin that the law holds as to man’s physic: structure.” z ‘These, then, are the “sciolists.” the smat- terers, the shallow novices, to whom Presi- dent Seelye Jeaves the subject; meantime the learned professors of Amherst illustrate the dignity of scholarship andthe ripeness of knowledge by teaching the biology of the ancient Hebrews. ‘The theory of evolution is now guiding the researches of the scientific world because it is being constantly and in- creasingly. verified in the new results to which ftfeads: but President Anderson will EDUCATIONAL. . eeeenpeyn ronan Aen EEE HIGHER-SCHOOL FOR BOYS. 312 CHICACO-AV, For Boys of all ages, Instractions by masters only; Graduates of liarvard and 3 No eundidates have been rele tions for Colleze.. = ‘school {n good sanitary conaiti one CECH DANN ES Aone en rejected in ual exami ailding and ventiener Tot i Teport, Master, In Classes and Mathematics. PRIVATE INSTR UCTION ROPERT S. HALE, 55 East Lake-st. or 68 Sithteot ay CHESTER, Pa. Reopens Jan 7. Chemistry, Classics, bd bis COCOA, EPPS’ cious use of such articies of diet may be fradually built up until st sist every tendency to dix ever there 1s 4 w int. jervice Gazette. Greene PENNSYLYANILA MILITARY A habit than any man liviog. Send stamp Civt, CADEMY, E nin oDentlees conteray selected Cocox, Mr. Epps bas provide tables with a delicately-tlavored beveraze whi save us many heavy doctors’ bills. It that. rons Unndr eas, maladies are floating around us, ready to We may fatal shaft by keeping ourselves well fortified Bore load and s properly-nonrished trame.”—Ciyit tte. Sold in tins only 04-® and BD). Inbeled Hommopathle Ghemtsis Casisa Sip mis Depot in Chieaxo: “Smith & Vanderbooe om PROFESSIONAL. pe : ‘aoe tudon for partic OL. THEO. HYATT Prok GRATEFUL_COMFORTING. COCOA. BREAKFAST. “ Bya thorough knowledge of the natu; govern the operations of digestion and uaniuey ect By a careful application of the tine properties and our bi of well. ich may Saat fh tO ree. reds of é ‘attack sree many wich aso MORPHINE HABIT Br. B SULIRE, Hy snes 0. Tad, bat tee ont Suecuutel “ia esting’ Bt the opie slam excepted. §Daily. the depots. RAILROAD TIWE-TABLE, ARRIVAL AND DEPARTURE OF TR! EXPLANATION OF REFERENCE MATES. “Sunday excepted. Monday excep: 8. Chicago & Northwestern Batiway, | Ticket Ofices, & Clark-st, (Sherman House) and ag aPacific Fast Line..... eSioux City & Yankton. aDubnque Day Ex. via Clinton. aDubuque Nizht aQmabs Nisht Expre: not teach it because it is. ‘tan unverified hypothesis.” Has he a verified hypothesis, then? or do they, at the University of Rochester, dodge the foremost philosophic question of the age? The college Presidents seem to resent the imputation that they teach the derivation of man from “irrational, animals”; and the Ob- server calls the doctrine “vile” and ‘tde- grading.” There is a current vulgar belief that the idea of human derivation from in- ferior animals is scandalous and revolting. But is not this, after all, the established method of producing man? What is a new- born babe but an “irrational animal,” and does not each President of a. collexe come from such an “irrational animal” by a2 process of development? And that is not all. Each human individual, beginning as a protoplasmic germ, is evolved step by step, passing in the gestative period through type after type of ‘irrational animals” before the developed human life begins. Will the nine Doctors of Divinity be good enough to say who it was that they think designed this arrangement? And do they not, moreover, teach that the Creator first tried the miracu- lous method of bringing people into existence at once and perfect, and then abandonedit for the present plan of developing them gradu- ally out of “irrational animals” through the common processes by which inferior creat- ; ures are multiplied ? IN MEMORIAM. ‘The Late John Schmahl. The gentlemen composing the Merchants’ Exchange—the wholesale grocers of Chicago —held a largely attended meeting yesterday afternoon at 4 o’clock at the club-room of the ‘Tremont House, to take suitable action in regard to the death of John Schmahi, who, though not known outside of the grocery trade in Chicago, with which he had been long: identified; was yet.-one..of Chicago’s most enterprising citizens, a most charitable man, and one whose kindness of heart was proverbial, and» whom none knew but to love. His acts of generosity were many and unostentatious, and many an unfortunate has been kept afloat through the recent era of adversity by his helping hand. Among tnose present at the meeting were A. A. Sprague, E. A. Robin- son, F. D. Gray, W. T. Allen, H. C. Durand, W. J. Quan, Charles B. Marsh, William” Armour, ee Farwell, Charles Marrimon, Jaines Ii. Gilchrist, Franklin MacVeagh, S: B. Raymond, §. B. Sherer, William Carver, N. W. Mundy, T. H. Spencer, William Stew- art, H. W. May, Charles Higgens, John Roper, Thomas Murdoch. Mr. A. A. Sprague was chosen to preside, and Mr. Charles Higgens, of McNeal & Hig- gens, was selected as Secretary. The following-named gentlemen vere se- lected as the Committee on Resolutions: Franklin AlacV eal » &. D. Gray, S. B. Ray- mond, H.C. Durand, and W. J. Quan. They reported the following, which was adopted. and ordered spread upon the records of the Exchange; + The Merchants’ Exchange of Chicago, out of sincere regard for the memory of the late Mr. Joun Schmahl, whose death ‘has taken from its membership one of its best-known members, de- sires to represent to his family and to the com- munity, its dee} regret at ‘Mr. Schmahl's death. The long and intimate acquaintance existing between Mr. Schmahl and the memvers of the Merchants’ Exchange make it becoming to claim the privilege of expressing to the com- munity the kindness and. respect they feel for im, and the sadness and regret they felt at the | loss of his companionship. Mr. Schmahl'’scareer in business has illustrated the worth of intel- lect and honorable devotion toa chosen pursuit in its ability to bring along with material suc- cose esteem and confidence of the com- unity. i The members of the Exchan; must appeal again, and especially for their Tone friendship for Mr. Schmahi, to justify the intrusion of ex- pressing their sympathy for his sorrowing fam- ily and tendering to them their unaffected con- dolence. Phe a ceonnection. sete ee shore | resolution, r. Gray read the following brief sketch o: the life of the deceased:: The subject of the foregoing resolutions i another added to the shining ¢ examples Of high shavion pnd Tnllucnee sealed through and at- ndant upon innate strength and vi character 4 : 6 and virtue of 't. Schmahl, an only son, was born in Col » Germany, in the yeur 1837. His en “bmi 1 grated to the United States when he was 6 years old. After various changes they finally settled in Peru, Ill., where Mr. Schmah!’ remained until his 27th year, passing there his early boyhood, and later employed as clerk in various -stores, sng | Pequiring hoon Slgmidatary experience on ¥! iS juent using rounded out. ean oe SSIs RUE In 1864 he came to Chicago, and becamea sales~ man in the wholesale grocery hause of H. M. Thompson. His progress in his new field was rapid und sure, and it was observed that the Faith in'and sestaloed wits baa elt ee rain the severest competitions | no witastan In 1867-'8 he revisited his native land and passed ayearin Burope to recover thefull health which | D: bad been impai by the strain of excessivi Plication to business pursuits. Returning to Chicago in 168. his well-known ability, energy, | and integrity secured bim‘at once a partner's in- terest in the influential wholesale grocery house of Fi ton. Brewster & Co. On the subse- | quent retirement of Mr. Brewster, the firm be- came the now well-known’ house of Farrington &Schmahl, and so continued until the sad event which calls us together this afternuon. Mr. Schmabl leaves a wife and four children of ten- der age, and his parents, to mourn a loss whose magnitude to thei not only they know, but also all those with whom Mr. Scl hi ever came. in. contact. In all relations he was a genial, pure- minded, large-hearted gentleman, of a high morality and a broad humanity. In charities fo Was always liberal, though never ostentatious, Jetusiness matters he was high ‘ousies, evasions, and trickeries which busi- ness rivalry only too frequen: pees noble natures, Sy enesuders ‘Qurteous and kindly at all times, no matter what the perplexities and annoyances. It was asked by one brother merchant of another: Where has John Schmahi an enemy?" The answer was, “ Nowhere; not one in the world!” But the many who in times of adversity have received his generoas assistance and sympathy Snever refused—know how warm and grateful will be the remembrance: hich nami will always be cherished. ee Bue _ ‘Mr. Schmahl was stricken with illness som: five or six months ago, which soon developed into a cancerous affliction, for which an op- eration was performed some time in Decem- ber last. He rallied somewhat after that, but ually began to sink, until death péeace- ‘ully called him away. He leaves a wife and four young children well provided for. His doneral pul take place a 2 o'clock this af- on from late residence, No. 82 diana avenue, $2 NO Seb Ene | se bMilwaukee Passenger bMarquette Expre Green Bay Expre: St. Paul & Minneapolis Express.| lis E: St. Pant S$ Sinneay bFond du Lac, via Janesville... Ex. via Ciiaton.. id BoueveUCUE BRBBBRXBBBS DURU PUPS OUUD BRBBEEBBBAAB Pullman Hotel Carsare run through, betwee! cago and Counc! Bluffs, on the train’ leaving at 10:30 a. ma. ‘No other hotel cars west of 0. Chie ‘Chicago road pans, Pallman or any other form of cago. a—Depot corner of Wells and Kinzie-sts. b—Depot corner of Canal and Kinzie-sts. Chicago, Burlington & Quincy Katt For Maps, Guide-Books, accommodations, ticket offices o Pacitle Hotel, Brink's Exp: corner Randoip! Grand Central Tess, Canal-sts, Palmer House, and comer Madison-sts. (on West Side). apply at any of, the Company? ‘the follo rk-st., Gi Office (on northeast hh and Siate-sts.), foot of Indians- Depot, corner Sixteenth and Canal and Qttawa & Streator Express. Nebraska £ Kansas Express ckford & Freeport Expres 88 Kansas & Colorado Express Downer’s Grove Accommodation] Aurora Passenger. Mendota & Ouawa Aurora Passenser.. Downer's Grove Accon Freeport & Dubuque Express Omaha Nizht Exp! ‘Texas Fast Express Ranwns City & St Joe Bispress Saturday-nicht Theatre Train. + 945 pmit 635 am 9:05 pm 65 am ie bate C.. B. & Q.Pal Sleeping: pe! Jace Dining-Cars and Pul run between Chicaco ka, and Kansas City, on the Paciti Ic. man 16-wheel ‘and Omaha, To + Chicago, Rock Tsland & Pacifle Rafiroad. Depot, corner of Van Buren and Sherman-sts. Ticket ‘Omees, 36 Cl lark-st., Sherman House, Palmer House, Grand Pacitic Hotel, and 75 Canal, corner Madison. Davenport Express. Omnus Sepress Kansas City. Leavenworth & At- ress. ‘chison Exp! Pera Accomm ight Express. ‘Dally exce} q Daily ‘except Mondays, Sundays. +Daily except Saturdays, Chicago, Milwaukee & St. Paul Ratiway, Union Depot, corner Madiso: nan ice, 63 South Clark-st. an 1d Canal-sts. Ti ket dat depot + Milwaukee Express. Wisconsin & ni Bay, and Menasha through Day| ‘press. Milwaukee, po-| §20:10 9 ma] mi ren Stevens Point, and Asb- Bay, Si land through Night Express..... Madison, Prairie da} | ‘Leste. [t 9:00 pm “Arrive. (“10-0 am * 4:00 pa * 7:6 pm + ais bm $400 pos [700 am ‘Alltrains run via Milwaukee. and Minneay Pi ie da Winona. ‘Tickets for St lis are good either vis Madiso len, or via Watertown, La Crosse, sad 1 & Alton. Chicago Tnion Depot, West Side, near Madison-st. Tw st. Ticket Ontices, at Depots, renty-third. Clark-st., Grand Pacific Hotel, and Palmer Pant mn snd Kansas City & Denver Fast Ex.. Basns City Night Express PI le Mobile & New Orleans Express Beortn Burhinaoe 9 ast ee & keowuk Inston East ‘X PI's Streator, Lacon, Washingv’n Joliet & Dwight Accommodation, ‘Leave. WMinols Central Ratlroad. Depot foot of Lake-st and toot of ket Office, 21 Handolph-st, ‘Twenty-second-st ae Clarks Grand Pacific Hotel, and Palmer House St. Louts & Texas E: St louk Fens Raves Sloux City Expre: Dubuque & Sioux Cit; Expt Gliman Passenger. eee $10-00 2m On Saturday night runs to Centralis only. 2On Saturday night runs to Peoria poe Michigan Centra! fallroad. Depot, foot of Lake-st. and foot of Twenty-second-& ‘Theket Othce, 6 Clark-ae rot Rae Cinrk st. southeast, comer of dolph, Grand Pacitic Hotel, and at Pittsburg, Ft. Wayne & Chicago Kallwas- corner Canal and Madison-sts. “St, Palmer House, und Gran Depot. ee ‘Ticket Offices, d Paciti ‘Mail and Express. Pacific Express, Fast Line...... Baltimore & Ohio. Leave. “Arrive pAreaeS epots, Exposition Building and foot of Twenty Second-st. Ticket Ofices. Si Clark-st, Palmer Bone Grund Pacific Hotel, and Depot (Exposition Bulld | =< ! ‘Leave. a ~ Morning E: 3:50 a Fast Lines 75 pm Lake Shore & Michigan Southern Hatlway- ‘7 ren-st., head of Le Ticket offices at depots, Van Bu: Salle, Twenty-second-st. and Fort, and freight oftice under Sherman offices in the Grund Pacific Hotel an ee Leave. | Arrive. ‘Mall (vin Main Line) Special Kew Sack Pittsburg, Cincinnati & St. Louis rthird-at. aad Hout jer HOU Tic tickes 0 pm = it S) zB cinnatt Air-Line and Kokomo Line), cvag (Cin Depot corues of Clinton and Carroll-sts. W: Cincinnntt, Indiana] ville, Columbus lis, Lonis-| East Day), Banknkee Line. Depot, foot of Lake-st. and root of Twenty-second ee Leave. Cincinnati, Indianapolls & Louls- ville Day Express. Night Express. fs 9:30 a 5 500 D: ‘Leave. Ae + 8:00 pas inl 7200 amt a Chicago & Ensteen Iiuots Halroad- (Danville Route. mes ‘Ticket OMices, 77 Clark-st, Pal: Day Mall. Nashyille & Florida Express... C > 8:25 8 If 7:90 p: $rouse, Grand Pe citis Hotel, aud Depot corner of Clinton sad C8 roll-sts. Leave. Barive, ere Te tgs mk