Chicago Daily Tribune Newspaper, March 14, 1880, Page 6

THE CHICAGO TRIBUNE: SUNDAY, MARCH 14, 1880—SIXTEEN PAGES. FINANCE AND TRADE. Stocks Feverish, but Firmer at the Close. fmoney Active, and Speculation Inclined to Halt. Governments Steady—Foreign Exchange Weaker—Local Finances. The Prodace Markets Less Active, and Steadier—Wheat Easier. A Good Shipping Demand for Corn—Provis- ions Tame. FINANCIAL. Stocks were irregular and feverish. {he bank statement was better than had been expected, ‘and caused some covering by shorts, which gave the market a better lodk at the end of business. ‘The activity of money bas bad a dampening ef- fect on speculation, and the next three wecks are not looked forward to a8 likely to exhibit much strength or buoyancy in stocks except where such special reasons as an advance in coal prices or some new and important combination may operate. Transactions were not large, and, as faras Chicago was concerned, there was almost nonew ‘buying. The only notable advance was n gain o0f2% by Lake Erie & Western, which closed at 26%, after ranging between 38% and 3334. North- ‘west was firm, and gained %.10 94%, after sell- ing at $55 and 93%. Erie opened at 45, solddown ‘to 443, advanced to 45X, and was quoted finally st 453.again of %. The preferred made l, to 70%. The coal stocks are all strong, and reasons are hinted for still greater activity in the near future. Delaware & Hudson. after selling down from 83 to 824, advanced to 843, andclosed at 54. Lackawanna made \,t0 924; Jersey Central X, to 86%; Morris & Essex %, to 107K; and Reading %i,to 693;. Wabash preferred made \, to 694; North- ern Pacific 4, to 3344; the preferred: %, to 56%; Pacific Mail };, to 515; Houston & Texas 1X, to 87; Chesapeake & Ohio %, to 23%: Sioux City x, to 42%; the preferred 34, to 7843; Louisville & Nashville 3, to 155; Cleveland, Columbus, Cin-~ cinnati & Indianapolis %, to 79%; and Lake Shore 34, to 109}. ‘The losses were none of them severe, except Nashville & Chattanooga, which hardly counts. At opened at 93, sold down to &, and closed at 88. Chicago, St. Louis & New Orleans declined 115, to 393, San Francisco X, to 57; Western Union %, to ‘111%; Wabash 43, to 4%; Kansas & Texas 3, to 43%: St. Joc preferred X, to 714; Columbus, Chicago & Indians Central %, to 17%; Iron Mountain %, to 60%; Chio & Mississippi ¥, to BY. Eric second 6s opened at 9134, sold at 91% and ‘90%, and closed at 914. Hailroad bonds, in New York on Thursday, were irregular. Erie consolidated seconds fell off to 914, but advanced to 9144 xt the close, under an active demand. Chesapeake & Ohio feries B were steady at 69@62%; do currency 6s fell off to 43, and closed ut 43'¢; Kansas & Texas firsts declined to. 191, and rose to 1@!3; do seconds rose from 663: to 67, and declined to 6634. Mobile & Ohio first deben- tures were firm at 75@75%. Iron Mountain se~ ond preferrea incomes declined 2 per cent, to 81. Denver & Rio Grande firsts fell off to 103\, and recovered to 103%. Lafayette, Blooming- ton & Muncie incomes declined from 71 to 70. Columbus, Chicago & Indiana Central supple mentary tell off to 6; Boston, Hartford & Erie ‘Brsts to 58%. ‘There was more demand for Government bonds. District of Columbia 3.65s were % and ‘95, the 4s were 1062; and 166%, the 4168 107 and 100%, the 53 103 and 1055, end the 63 105% and 10533. Foreiga exchange was weaker, with a light supply of bills. The posted rates for sterling were 45515 and 488g. Actual rates in New York Were 48 and 488, and in Chicago 48!2; and 4873z, Scerling grain bills were 4823;. Posted rates for francs were 518% and 5! and commercial francs were §243¢ and 6233{. Posted marks were ‘95 and 9535 and commercial marks at 9 and 94. The New York Daily Bulletin points out that the trade of New York for February has some striking features. The merchandise imports exceed the exports by $15,301,602; while including both specie and merchandise, there is an excess of imports over exports amounting to $15,669,214. During February of last year and 1676, there was a balance in favor of exports, it will be observed, of about $2,000,- 000 and $2,700,000 respectively. In the first two months of the calendar year the excess of mer- chandise imports over merchandise exports is $9,077,212, and the balance of aggregate imports over exports, $30,329,953 Comparing the re- turns forthe past eight months, we find in the grand total of imports an excess of $95,461,852: ‘€19,60.,056 is under the head of merchandise and $65,822,776 in specie and bullion. At the corre sponding period Jast_yeur, exports were about ‘$2,700,000 ahead; in 188 the excess was over ‘$27,002,000, and in 1877 there. was a balance of about $12,000,002. 4s compared with the corre- sponding period last year, exports of merchandise Snow an incrense of about §3 per cent, while in imports of merchandise the increuse is a fraction over 3S per cent. Chicago banks reported larger country orders tor currency. New York exchange sold between banks at par and “Se per $1,000 discount, Loans are in good demand at 6GS per cent, with no Ivnable surplus. Still our bankers expect in an cty days to be lending money to New York. The clearings of the Chieago banks for the week are reported us follows by Manager D. It. Hale, of the Chicago Clearing Date. * i ‘Total. Sain Corresponding week las RRs 16 Chicago, Milwaukee '& St.Paul % were suld at 119, less brokerage. On the Chicago Mining Board there were sales of Consolidated Virginia, 200 at 38; Chicago & Silver Clitf, 500 .at 1743; Shenandowb common, 800 at 0, 500 at 100; Shen- andoah preferred, 400 at 145, 200 at 150. The following quotations were made: Best & Belcher. Calton. Consolidated Virginia, Jeeviarba ©. Ke: ‘rehants' Navonai Hani. Navona Bat Alerchants’ Savings, Loan & Trust Co. ‘(picazo Weet Division Matiroad. Hida National Waren ‘Cram! or Commerce... oe - a Tue rumors about the prospective change of enntrol of the Obio & Mississippi are believed by the Public 10 have some basis of fact. That Paper points out that the net earnings for the year 1809 were $1,055,007, which bas been ex- ceeded only once in the history of the rod, and Yetthe proportion of through rates on freight allowed by the Baltimore & Ohio to the Ohio & Mussissippl has been absurdiy small. The inter- est on $12,S41,000 of indebtedness at 7 per cent is ouly $898,570 yearly, and can be casily covered by the net earnings without auy improvement in Fates. With a reasonable proportion of the utes on through freight, such as would readily be conceded by cither of the several trunk-lines, ‘the ruad can pay interest on its entire debt. In discussing the prospects of the stock mar- Ket, the Graphic asks: Will the next year see a coutinuance of the rise of the past? Candidiy, we think not. The abnormal decline in the market value of all sorts of property that foi- lowed the panic of 1873 has been almost fully re- covered. Market valucs have adjusted them- scives to intrinsic vatue in all but a very few in- stances, and, although good dividend-paying stocks will probably go somewhat higher than they are now, simply because ther wili be sought Gfter more for permanent investment, the so- called “ fancies," into the price of which the speculative element enters more or less, are probably about at their highest. According to the World, of Thursday, the i . ie ow actively profiting by this demoratization to buy back their stocks. A good amount of Nquida- tion has now taken place, and some of it in an uncomfortable hurry; the situation therefore admits of some recovery, especially as all the railroad earnings that come in continue to con- trast favorably with those of last year. Bit _ ‘bt riey, bu: Grass-seed, COOK COUNTY AND WEST CHICAGO 5 PER CENT Be MILWAUKEE & S51. PAUL FIRST MORTGAGE 7 PER CENT INVESTMENT BONDS OF ALL KINDS, CHARLE IONDS. BONDS, due in 198, 8 HENROTIN, 105 Washington-st_ TRASK & FRANCIS, Bunkers and Brokers, 7 BHOADWAY, Members of the New York Stock Exchange N.Y. and New Fork Sining Stock Exchange. Allclasses of Securities Boucht and Sold on Co! sion and Carried on Margins. Daily Market Letters sent to Customers. PRESTON, KEAN & CO. 100 EAST WASHINGTON-ST., BANKERS, and Dealers in GOVERNMENTS, and 5, 6,7, and 5 per cent County, ‘Municipal, and Schoo! Bonds. BILLS OF EXCHANGE on Great Britain and the Continent—TRAVELERS’ CREDITS. 5 aH ssgebese: Withdrawn from store during Friday for city consumption: 404 bu wheat, 1,393 bu corn, 771 bu oats, 4,129 bu barley. The following grain was inspected into store in this clty Saturday morning: 5 cars winter wheat, 29 cars No. 2 spring, 16 cara No. 3do,7 cars rejectad (57 wheat); 810 cars No. 2 corn, 157 cars high mixed, 10 cars new mixed, 9 cars re- : Jeoted (486 corn); 81 cars white oats, 12 cars No. 2 mixed, 9 cars rejected G2 oats); 9 cars No. 2 rye, I car no grade; 8 cars No.3 barley, 9 cars extra, 1 car feed. Total, 623 cars, or 305,000 bu, In- spected out: 7,123 bu wheat, 40,938 bu corn, 408 bu rye, 6,515 bu barley. * mimnis- Has Ati ernment, for sale at * FIRST NATIONAL BANK OF CHICAGO FOR SALE 5 £100,000 5 PER CENT BONDS, ISSUED BY TOWN OF WEST CHICAGO, and interest, In sddition to a genera! line of other securities. Dist. Columbia 3.65, Bonds, guaranteed by U.S. Gov- The following table shows the movement of breadstuffs and Hve stock in this city during last week, with comparisons: Spectal Dispatch plenty of use for Teast the and shade higher. Chattanooga fell Sed Northwegérn.. ‘The following is the weekly bank statement: Loans, mercantile paper, 455; demand, 483. leazo & Chieazo & “Alton, New York Central Hiariem... Jake Sti Canada Sout Michigan Central. ie. Bonds—Kansas Ci SAN Alpha, Alta... rr Union Consoitdated Yellow Jacket. Bodie. England to settle bal increase, $121,400; $127,100; legal-tenders. decrease, $478,000; de- osits, decrease, $1,108,400; circulation, decrease, s }; reserve, decrease, 1.200, Tho Uanks now hold $1,095,050 in excess of their legal requirements, Money. 4@6 per _vent, closing at 4. Primo atl, do new at 30, Kansas Cif, 1G6!z: New Mexico. Little Hock & Fort. 38, 1153 id 7s, 1335s BY TELEGRAPH. NEW YORK. to The Chicago Tribune. New Yonx, March 13.—Opening with apparent steadiness, the market this morning soon mani- fested weakness, and there was a slight decline in Lackawanna, Erie, Iron Mountain, Jersey Central, Ohio & Mississippi, Wabash, Pacific, and Western Unfon, but there was an advance in Michigan Central and Pacific Mail. At noon there was a sharp decline all along the line, Pa- cific Muil going as low: 2s 50, and nearly all the list suffering. “Before 3 o'clock, however, the bulls railied in force, and almost everything went up several points. There was a very rapid advance in American District Telegraph stock. Money has been in full supply at 6 per cent with an occasional small commission in advance. It is argued to-day, in view of the fact that the Bank of Engiand rate remains at 3 per cent, with an open market below that figure, there is no danger of our shipping specie to England, as our English creditors would prefer to keep their balances here at 6 per cent. Througnout the week the operationson the Stock Exchange have been affected by real or assumed apprehensions of tight money, but there hasbeen in fact no found reason for lower prices. One of the rumors that affected the market was that there would bealarge drain of cash to New lances due on April 1, but the fact is that the New England banks have little money on Hepes eir money at home. week closes with the general belief that for at best stocks we are to see higher prices. ‘To the Western Axsociated Press. New York, March 13—Governments strong tallroad bonds active and irregular. State securities dull and nominal. The stock market opened strong, but a weak feeling soon set in, and prices declined % to 23 ercentin the general list, while Nashville & off to Sié, against % at the close yesterday. During the afternoon there was an navance in the latter to 8, and the gen- eral market improved tothe extentof % to3 percent. The closing sales were at a fractional reaction from the best a noon the advance in Lako Erie & Western, Pa- citic Mail, and coal stocks wus the most conspit- figures. uous. ‘Transactions, 350,000 shi Atlantic & Pac. Tel... 1900:Nashville & Chatt'gs CC. FLO. aa) z Chesapeake Fou} Lackawanna 00. " Delaware & lindson_ & im) Nertuern Pacitic. Erle. [S201] Ohios.«. 1 - £500 Cintario & "Western 4.190 OM Pacific Mail 30,000 9;} Reading = GO) St. Pant. ‘Western at - 200 Wabash Paciti 00! Gaion Pacific... 30 Western Unios {Cent Sterling exchange, sixty days, actual business, GOVERIMENT BONDS. nginis & conse CRS. {Hannibal & St. J Loutsvilie & Nashvi iHouston & Texas, 6 m3 6M! Wesiern Union Pacitte Siall [Litue Pita Special Dispatch to The Chicago Tribune. outh Pacific 7s, Pins, March 13.—Rentes, S3f 20, MINING STOCKS. San Francisco, Cal., March 13.—The following are the closing quotations at the Stock Board: Mammot. i, Bette isle. North Bo 43! Amenta... Fi Bechtel irae eae By Wales. \binba: 9 it here, having found iq the after- specie, decrease, ¥ a Virginia 6s, deferred. jorthern Pacific. . a INorthern Pate pid. 36' antic & Packie Tei. 451 *, Fort Scott & Fort Scott & Gulf, arst Smith is, 102; Atchison first ‘ansas City, St. Jo- Saturday. except corn, and generally steady, but ranged a little lower than Friday's lntest quota- ‘tions. Corn was in good demand for shipment, and lots tree on board cars were 4@Xc per bu higher in consequence, which made futures firiner in sympathy. Wheat was called firmer in Liverpool and New York, but jthat did not call out an active demand here, tho shorts having filled freely earlier in the week, and the number of those willing to go long at present prices is limited, espectally as there is promise of a largo increase in the crop of winter wheat. In pro- visions the feeling was steady, but there were scarcely any orders in hand except to make changes from one month to another. Other cereals were tame, almost to inactivity. Aess pork clé@sed 5c lower, at $1145@1L47% for seller April and $11-574@11.60 for May. Lard closed 2t¢¢ hishts, at $7.15@7.17% for seller April and $7.25@7.21% for May. Short ribs closed at $6.4735 for April. Spring wheat closed %c lower, The | at $1.22¢ for April and $122% for May. Corn closed Yc higher, at 3c for March and 40%c for May. Onts closed firmer at 35%c for May and 31%@31jc for regulsr. Rye was steady at 73a fresh No.2, and 7c seller April. Barley was nominal at 75e for No. 2 and 6c for extra 3 seller April. Hogs were firm and steady at $4.20@4.50 for light and at $4.25@4.75 for heavy. Cattle were in good demand at $2.50@5.65 for poor to extra. ‘There was little change in any feature of the dry-goods market. Activity is apparent in all departments, and the tenor of prices remains unqualifiedly firm. Boots and shoes are moving with fair liberality, and the market remains steady. The grocery market had no specially new features. Only a moderate degree of activ- ity was noted, buyers ordering rather sparingly. Sugars were strong. Coffees, teas, rice, sirups, ete., ruled steady. Dried fruits were in light demand at unchanged prices. Fish were re- Ported quiet and firm. Prices of butter and cheese ranged the same as on the previous day, and were about steady. Dealers in bagging re- Port a firm feeling for all goods in the list, with ‘general upward tendency, American A seam- less bags are advanced }4c,—now quoted st 2c. Olls were quiet, with carbon quoted at ¥%@le lower, at 10s3c for 110 test and at lc for Llinois legal test. Coal was dull and unchanged. The lumber market was again quoted fairly active and steady. Some of the lake ports are accessible, but the regeipta are not expected to cut much of a figure thismonth. A fow cargoes of dry stu may be received by dealers whose stocks are broken. Orders are coming forward from the interior, and a lively trade is expected. 88 soon as the country roads are in good con- dition. The demand for hides was brisk, and prices were tending upward, some of the dealers having already raised their figures. Hay was slow and easy. Sales of seeds were fair, and bet- ter prices were paid, the supply being lesa than usual, particularly clover. Wool and broom- corn were steady. Poultry was firm under a good shipping demand, with light offerings. A letter from Atchison, Kas., says that the re- ceipts of corn there have averaged about 25,000 bu for forty days past. It all goes to Baltimore and Toledo. The people in Toledo are paying a3 high as 30%c on track in Atchison. The figures will be interesting to parties nere who know that they would have to pay 2c per 100 Ds freight from Atchison to Chicago, making the cost here 42c on track. Yet in the face of tacts like this, continually cropping up, we arecssured that schedule rates are strictly adhered to from all poiats in the West. Therecent anomaly in the wheat: market, under which the May premium has about disappeared, brings in letters and telegrams from ‘parties who gre long on other grain, and want it changed over in the samo way. It should not be neces- sary to say that such orders cannot be filled. There isa little difference of 2c per bu which drops in on the evening of April 15, in chang- ing from winter to summer storage, be- sides the %e oper bu for every ton days afterwards, and other costs of carrying. People are not willing to assume all this for nothing in the case of any grain except Wheat, and at this writing it is hard to sce why they should be willing to do it in that case, since wheat seems now to be just ag likely cornered 9 Melas ss Ee eager Pee eee” Bostox, Mass, March 13.—Stock market dull. | 74¢at seems n In railroads, Atchison & Topckn sold at 133, | 19 May asin April. rted Atchison & Nebraska ut’ 77s, Burlington fe fis: | act MTLecoa ee ane ae ee rebate of Safe gourl in Nebraska nt 141!;,Chicagn & West Mich- | S058 mans think will put the winter-whect 2am at OS, Chicago. Clinton, Dubugue & Minne- | Gyek mans, think z vee sota at 67, Cincinnati, Sandusky & Cleveland at e ae as 16, Flint & Pere Marquette at 35%, lowa Central PROVISIONS. HOG PRODUCTS—Were gonerally dull and steady. Gulf at 50, do ‘preferred at 81, Kansas City, Lawrence & Southwestern at 8, Ran- | They were a shade higher early, but pork fell off Se, FT SE Joe & Council Blums’ at 65 | about ec after a fow sales, and there was litle dove Q., Littlc Rock & Fort Smith at | atterwards with small prize changes, lard and meats §:@62, Loulsiana & Mississippi River at §54G@16+4, | being relatively sinn, with an advance of 40 per Bia Marquette, pocgncen & Ontanapon at 244200" | green hama. Liverpool advices quoted a decline of ay Preferred at Missouri, Kansas ETexus | 3364 in ments, but oe advance of éd in lard. an ‘The packing of this city since March lis estimated ‘St 160,00) hogs, against 5,000 for samo time last year, Cedar Rapids reports 15,20 hogs, against 4254 yoar 850. Stocks in St. Louis (East and West) are esti- SX: do, secon soph € Council Bluffs 7s, 10613; do incomie 74, 8; | Maved st 38000 bris pork, 4.5000 Ibs shoulders, 16000. Pueblo & Arkansas Valley 7< 10055. sls Wo Ibs aides, and 2.000 tes lard, besides what ts in FOREIGI MEss PORE Advanced. declined If 1d el Loxspox, March 13.—Consols, bie red account, | 5¢ bolow the iatest prices ia Friday, at Beat eget es Tislee=iens feller Ape, ane gif sts fog BORE, MLSsiL Ae 1 ay y es a . iscieail.o) nelier May. * Sales werd Gentral, S24; Erle, 464; seconds, 93; | 200 bris seller June at file anda ns aéller ibe zis, Tear atéMetlwts. Total, 2 TARb— Was Guict acd seca ta shade dete prices, tho bulk of the trading sare Pasepde Detter ine at the outside quotation the previous day. The market losed Slendy av s.r for round lois, spat ae ates fi2seisiig seller 0 tes spot at FLL SOT; 4380 tes Fei 4; tes seller the yosr MEATS—Were quiet, with no material change in 1s¢ | prices. except that creen meats were Armen. 1 i Yate. clears at $4.6%4; selier April, #55655 seller Say, an June; 2 boxes do (ight) at $6.5595 75,000 I hams (16 lbs) at Siete. Prices for the leading cin Jugre about as follows at o'clock for the partiyscured Short | Shout-|L. ES.| Short rita, | elears.| clears, Short riba, seller April, closed —at i lears quoted at #25 1u0s0 and si bore as. keene boxed; long cut bane Sa pickled quoted at Kasse for elt acerga; cen » OEIC} r Freeh shoulders dig. 2% 0 Beller March, ted ut 98546 for shoulders, 4eTZe for ‘veige Yor hams, seers | a 8. TST Rr SE—Was quiet at 5'(@6c for white, 5¥@Si¢e for Bo0d yellow. and. scie tur browns Seulse dorwnics aie Tor selene aaa Bas smaller stock dealers were generally frightened, while the largo operators who had realized profits on the bull side since Friday last wero com {ERCLAL. oppor {ec for yellow, and 44c F—Was Het at $8.0028.50 fc B50G9. ‘The following were the receipts and shipments Sg giea. ues Ped binges? for Sh win st Stthe leading articles of produce in this clty |“ Tautow= Wes genet ns 53(@60 tor city, 3 for No. ghring the twenty-four hours ending at 7 o'clock | },£0uRtY, and Se'for No. 2 dey with sale’ of SAN aHd ies Saturday. morning, and the corresponding time oe for last year: BREADSTUFFS. RECEIPTS. Sur FLOUR—Was quiet, with no particular change to | | Rote in the tone of the market. Sales were limited Isa, 209, imu, 1529. to40bris winters, party at $525; 25 bris and 300 0a 680] 10,20 | *2¢** springs on private terms. Total, 2575 bris. Ex- GRAS|] sey] Ses | Portextras were quoted at In ascks, and ENED MT 7 } double extras do at $5565.75. S21] 4863 OTRER MILLSTUFR~Sales were ¢ cars bran at ¥1250 I car shorts at $13.50; 1 car middi ings at 1000 bas ost-meal on private terms Coarse corn meal was pominal at $1425 # track. SPRING WHHAT Wes tess active, and easier, zh rices. The Showed bizher prices. ‘The fc, but cle kK rie, Mier ‘and New York wers “bettor,? foreign market being quoted Is higher, but they did Rot bring out buyors in foree. _ ‘The fact is there wera few outside orders, and the Iocal shorts had been protty well lied up during the rather free buying of two or three days previously. Hence the support of the shorts was wanting, and the market sagged slowly, though holders were loth to accept lower pricos. ‘The trading was rathor more general for May, with sellers predominating, und that depress next month Is widely pelieved to ve fast locked in the hands of leading vapitalisi rh ras tome, closing at $1234 for car-ints of No. 2% $1234 for Found lots of do, $1.03 for gilt-edged ‘receipts of No. 3 in Central’ “Elevators, and $1.0 for do in A. D. & Cos. Seller, April opened gr Sold at $1234, declined to 2, improved to and closed at $1.2) Seller May ranged st LZ3§, closing at SLi At one time the premium over April disappeared. Seller the month was quoted at $1 54@LU4y, closing at $124. One sale of July was finde at $i; other fatures wore feless. Spot sales were reported of 21, 2 LOLA! Ya be 8 (Central) at SLs; 2200 a do 6 13.05; at ay, fika: (AyD. & CO. at 81.0534 1 1 do free on board cars at $1.10; 400 bu rejected at Sle; 6,400 bu by sample at MoesLis.' Total, SasH bu. OTHER WnEAT—Sales were 400 bu red winter at £124 free on board car: 40 bu do at. $12; and 88 ou ‘Thera’ was # falr but buyers wanted ttat much less thun in store prices, and holders would not accept thelr bids. ‘Was in fair demand and firmer. closing about: heltex: then the previous evening. iivernool wos quiet, but quoted sd higher, and there were ni Shipping crders’ bare, which absorbed about alt wie spot offerings. Corn free on bonrd cars was about $6 Gc hizher, and in store lots sold at ?{c advance, with & rather wide discrimination in favor of certain houses.on account of the difference in the rebates Bilowed on storexe charges. Cash No. 2 closed at S5ic asked for wilt-edged receipts in K. I. and Galena, do in Co. and Central, and 3itge for ro obactire. Seller Maz opened improved to 4%c, and @ month was quoted st 3 neler Ap! Bec, an No. 2 Minnesota ay SL demand for No.20n fa sales, were, mized Bt ‘bu now mixed at 2200 bu br sample at SHEA free on ‘and 1-400'ba ear at cars; THe, Total, 169.20 bu. ATS—Were more active and firmer in sympathy with other grain. ‘The recelpis were liberal, but there mass 600d Eastern demand for samples, and the re~ shipments were large. Futures ‘were rather Guiet. May sold at sojgediige: and closed at the ine at silée; 14,700 bu by sample at (@sSo om tracks and sa be AL Sigesie for white, and sig@s0e for mixed, ail free on, board: Total, 55,- 700 bu. KY E—Was quiet and stosdy., Fresh lota of No, 2 ere salable at tc; seller Apfil was nominal at 7c. ‘The offerings of saniples were larger and mot with a fatr local ingutry. Cash sales were noved of 40) bu. ih No. 2at Tac; 290 bu by sample at 74GT4¥e on ‘track, and 30) bu at 75c free on board. Total, 460 bu. BARLEY—Was inactive and nominal. ‘iutures Tee nerdy mentloned. No.2 for Aprit was quoted ut soe, and extra 3 for the same month nt 5ic. ie re~ veipts were Inrzer, and x few lots were sold at tha sample tables. Extra 3 in N.W., winter storage, sold st Sige. No.3 wasnominal at 4c. Cash salés wera reported of 50) bu extra 3 at Sige; 5,50) bu by sample at Steise on track. ‘Total, d0W ou. BY TELEGRAPH. FOREIGN. Spectal Dispatch to The Chicago Tribune.- LIVERPOOL, March 13~11:3) a. m.—FLOUB—No. 1, 138; No. 2, 108. GRAIN—Wheat—Winter, No. 1, 11884; No. 2, ls; spring, No. 1, 1s; No. 2, 810d; white, No. 1, Is 2d; No. 2, 10s 6d; club, No, 1, Us 74; No. 2 Us 1d. Corn— New, No. 1, 5s Sg. PROVISIONS—Pork, 57s 64. Lard, 395 6. LIVERPOOL, March 13—CoTroN—Dull at 73427 7-164; ‘sales, 3,00) bales; speculation and export, none; Amer~ jean, 2,200. PRovistoxs—Beef—Prime mess, 75s; American lard, 0s 3d. Bacon—Short clear, 37s. ANTWEEP, March 13—PETROLE UM 1sHelsist, op be following were received by the Chicazo Board le: LIVERPOOL, March 13—1:30 a m.—Fiour, 10@1is, Wheat—Winter, lis@is £4; spring, 10s 3d@lls; white, 10s Cd@lis 2a; club, 11s id@iis 7d. Corn—New, 53 Ygd. Pork, 518 6d. 1, 308 td LIVERPOOL, March 13.—Wheat in fair demand and 3 No. od.” Corn an average Sis 6a; falr averaze California, Sis 6d. Nc offered. Carsoes on passaze—Wheat strong, Carn strong. Good shipping California wheat. Jest suipped, Sis; nearly due, S88: No. 2red winter wheat for ship- ment during the present and following month, s1s@ 543 6d; fair avoraye Spallty of American mixed'corn for prompt shipment by sail, 253. * NEW YORK. Zo the Western Assoctated Press. NEw Yours, March 13—CotroN—Dull at 14@ tn moderate demand. Arrived~Wheat in good de- jand and tendency upward, Corn firm; none offered, ‘To arriva—Whent strong; No.2 spring advanced 1s Corn strong at 3d advance. Pork—Western P. M., 518 fa. ‘Sd higher, at Ss 6d. Bacon dull; LG. 3d lower, at 35s 3d; S.'C. 6d lower, at ais. ‘Tallow, 35s.” Cheese, 70s. Beef duli and Is lower, at LONDON, March 13.—LIVERPOOL—Wheat firm: Cal- fornia, lisGlis 4d; white Michi Us td; spring No. x, 98 % id stendy. Canzoes olf const—Whi No.2 spring, Sis 6d; fair average red winter, orn—None 2c; futures firm; March, 13.16c; April. 122lc: May, ale; June, i26le; July, 1272c: August, 13.500; Sep- tember, 13.10c; ‘I25le; November! 12.130; October, December, 12.Me. «©. * = -'s:) : z FLOUR—Without # decided change; receipts, 9,500 bris, Sie GRAIN—Wheat firm; receipts, 3200) bu; ungraded spring, 81.44; No.3 spring, $L34@L314{; ungradedred,$1.2 @1.46: No.340, gale; No. 2 "March, Be. Oats dull: receipt MGANGC; white Western, 47@936e. HAY—Active and firm nt 7c. Bore Nominalty unchanged. i it EROCEIES—Coffee quiet, steady; Rio cargoes, Gite: Job lors, KGeIi4c. Sugar in Rood demand: fair forood refning, ‘lasses quiet, Dut firm. PETROLE and nominal; United, §4c; crude, Haris 64, THSi ‘TALLOW—Stoady and unchanged. Re: ominally unchanzed. Tui ‘INE—-Dull and easier at 440, Ecas—Steady; Western, l@lsie. en LEATHEL—In fair demund; hemlock sole, Buenos Ayres. and Kio Grande light, middie, and heavy aie. Woul— Active and firm: domestic fleece, «9@60c: pulled, Hesic; unwashed, ISetie: Texas, AK PROVISIONS —Pork stronger: new mess, $1250. Beot pocinaliy: NS go, ene. auieg pat ape long clear middles, 7c: short clear middies, 736. rd—Demund active: prime steam, f.64600 SUTTER—Firmer; Western, laea0e, 2 CHEES*—Dull; Western, Ge. al at $id. ew abenthing Ser iises opzera gules, bat wendy: ew sheathing, wor Iugot, Lake, ZH tron Gully Scotch, Si@sic; American, do@i0es Haisalu shee "SATS cut, s.s025.40; clinch, #.8087.90. MARINE NEWS. MILWAUKEE MATTERS. Special Dispatch to The Chicago Tribune. MILWAUKEE, March 12—The stmr Alpena, damaged by striking the south pier while enter- ing the harbor yesterday morning, did not con- tinue on her voyage as reported, but went into ary-dock at Wolf & Davidson's for a new piece of stern and other slight repairs. Aside from docking, the work to be done will not exceed $100. She will be ready to proceed on her voyage again to-night. Cold weather still prevails, and the river,where not disturbed by tugs, is frozen over. To-day the wind veered to southeast with a light fall of snow. Capt. Henry Leisk has purchased an eighth in- terest inthe Toledo schr George W. Davis for $1,600 cash, and will sail the vessel. This leaves the Hed, White, and Biue withouta master at present. sales have been filed for record The following at the Custom- House: Schr Saveland—N. A, Nelson to Z. Saveland, one-eighth, $1,500. Schr Julia Larson—O.. Torrison to Thest. ‘Thompson, four-fifths, $2,000. Schr Jutia Larson—Thest. Thompson to Johan Carroll, one-half, $1,250. FOR EXCURSION PURPOSES. Concerning a recent visit of Commodore Jesse Cox to Milwaukee, it has transpired that he pro- ceeded thithor for the purpose of chartering the side-wheel steamer Flora for the excursion busi- ness out of Chicago during the coming summer Season. E. M. Peck, the President of the North- western Transportation Company, offered to fet Mr. Cox and his associates have the use of tho Flora at the rate of $5,300 net for the season. This offer was promptly uccepted, and according to the information placed in the hands of THE TRIBUNE reporter, nothing but the sccept- ance of the security offered by the chartering party intervenes to prevent the close of the deal. Inthe event that the dicker with Mr. Cox should fall through, it is reported that Mr. Peck will entertain an offer for the purchase of the Flora made by paces in De- froit. Thus the Northwestern Transportation Company are likely to getthe Flora off their hands, ut least for a sexson,even though the Chicago dicker may fall through. VESSEL MOVEMENTS. The arrivals at this port yesterday embraced the prop Oconto, from Milwaukee, with sundries; the schr Advance, from Grand Haven, with slabs; the schr J. V. Jones, from Muskegon, with 230,000 feet lumber. The clearances included the prop Oconto, for Ahnepee, with merchandise; barge H. F. Church, for Ludington, with 2,000 bu of corn; the schr George L. Wrenn, for North Bay; the schr Myrtle, for Ferrysburg; and the schrJ. V. Jones, for Muskegon. The schrs Honest John and Alice Richards, as well as the vessels which ran back dui the north- easter of the day previous, were Teady to leave yesterday afternoon. piso ee PORT JOTTINGS. It appears that the etmr Alpena was not com- Pelled by the storm to seek shelter at Milwau- kee, but ran in there-to take om a complete outfit of new cabin-furniture. Capt. John Griffin arrived bere yesterday from Milwaukee, to take charge of the schr Annie 0. i ’ 50 B dley are fhe schrs Collingwood and A. Bradle: booked’ for immediate’ adeking at the Chicago Company's South Side dry-dock. The sehr Advance coent from Grand Haven j the topmasts, jibboom, and other’ light spars necessary to convert the barge Hungarian into a full-tledged three-and-aft schooner. Yesterday the schr T, ¥. Avery was towed to the Galena Elevator to load with in. The schr Nelson, which now hails from Buf- falo, will be commanded by Capt. Fred Ablstron. ‘The Northern Transit barge A. C. Keating was towed to Miller Bros." ehip-yard yesterday for repairs. ‘he schr Lottie Cooper looks very handsome in her new paint. She was towed down the river yesterday. THE WABASH LINE, Special Dispatch to The Chicago Tribune, Toxzno, O,, March 13.—The official announce- ment was first made to-day by Manager Colton that arrangements for the Wabash Line of steamers hava been perfected. Three vessels, the props Morley and Jervis Lord and a schoon- er, having been chartered for the season, will be put on at the opening of navigation, and others Probably added, so as to have one leave here each fay. The Wabash officials state that the spectal object of the line will be to secure ‘west-bound freights via the Canadian line for the Wabash Hond, that “being more Important than the matter of east-bound grain ‘freights, which will take/care of themselves. A SLIGHT MISHAP. At an early hour Friday morning, during the hight of the northeaster, the schr Josephine Lawrence, Capt, James A. Boyd, sought shelter in the outer harbor. While passing into the north entrance, the main ehect caught upon a pie and carried away the port chock-rail. But ‘or the rail giving out the echooner's main- mast would have been broken, as she was pass- ing forough the water at the rate of ten miles per hour. TWENTY CENTS PER TON. In making announcement of the action of the shipbuilders and dry-dock men of the Iakes, at their meeting in Buffalo on Wednesday last, Tus Trove inadvertently fixed the tariff for docking vessels between 100 and 500 tons burthen at 2% cents per ton. The rate ed upon, and which will hereafter be charged uni- formiy at all lake ports, is 20 cents per ton for veasels in the above class. COMPELLED TO RETURN. Special Dispatch to Tre Chicago Tribune, Derrotr, Mich., March 13.—The City of New Baltimore and several steam-barges which started up this morning were compelled to re- turn on account of vast quantities of floating ice encountered in the lake. St. Clair Biver has been full of ice all day. THE STRAITS. Special Dispatch to Ths Chicago Tribune, Cresoraan, Mich., March 13.—A team crossed the Straits to-day direct from the island. Tho ice-bridge is reported six inches thick. Weather blustering, with a northeast gale, and very cold. THE RAILROADS. EAST-BOUND FREIGHT MOVEMENT ‘The railroad managers are considerably as- tonished at the wonderful increase of business that has been brought about by the late reduc- tion in freight rates. There were but fewin favor of tho reduction, because they were under the impression that {t would not bring forward @ pound of freight more, The amount of flour, grain, and provisions shipped during the week ending March 13 was 61,111 tons, or more than double the amount shipped at any time during the winter previous to the reduction, This im- mense increase, howover, will have one bad effect; that is, it will make the raitroads stubborn again, and they will delay another reduction which ought to be made until they are com- pelled to do so by the competition of the lake routes. They seem to have no great fear of the lake competition this year, and they confident}; predict, that the lake rates will con- Unue so high that the rail taritf will be but little effected bv them. Their confidence seems to bo based upon the fact that nearly all steamshi; lines are now owned or controlled by the rail- road lines, and a large number of she principal grain-carriers have been gobbied up by them. The few vessels remuining in the hands of outsiders, it is claimed, will find it more prof- itable to enguge in the ore and lumber trade, for which alstce demand is anticipated. Bes- sides, the competition by the Grand Trunk is not worrying the trunk-lines 28 much now as it did just after its opening. The business done by the new Grand Trunk during the last two weeks has been very small, amounting to but 3percent of the east-bound business. The great mistake made by the Grand Trunk man- agers ig thit théy have made no provisions for an adequate numberof cars for the in- creased trafic from the new line to this city, and new they find that they have not half the cars necessary to tuke care of all the business that offers and to make their.competition with the trunk lines effective. Although the Grand Trunk is turning out new cars daily, yet there isa belief that it will continue to be short for some time to come. ‘Of the grain shipments nearly all was corn. The wheat movement has not yet commenced, although there has been a decline in its price, but it has not been sufficient to bring it down to ‘Agures acceptable to foreign markets. ‘The Wheat movement will probably continue light until the opening of navigation, which is now near at hand. But the raitroads care but little for that, as they have plenty of work in taking care of the corn that is now mo very freely. The shipments of flour, grain, and provisions for the week ending March 13 were 61,111 tons, against 41,330 tons the week previous,—an increase of 19,781 tons. - The following statement shows the amount of business done by the various roads during the past week: Gratn,| Prov’s, Flour,|tons of|tons of | Totat _ bris.’|2000b.|2000b.| ‘tons. Michigan Central..| 29,069] 11,556] 9.297] 15,859 Lake Shore. ioiass| Joe] S284| icra Fort Wayne. 9,973) 4,203) 4,549) 9.830 Pan-Handle -| 5.930} 21200) 5220) 3,023 Baltimore & Ohio..| 2201] 91385] 2e3} 10's Grand Trunk. 875} 1,395] Lal Total........... 49,441} 40,006] 16,685) 61,111 This makes the ercentages of the various roads as follows: Michigan Central, 25.8; Lake Shore, 25.1; Fort Wayne, 16.1; Pan-Handle, 12.9; Baltimore & Ohio, 17-5; and Grand ‘Trunk, 2.3. MISSOURI, IOWA & NEBRASKA. Spectat Dispatch to The Chicago Tribune, KEOokoK, Ia., March 13.—The Board of Direct- ors of the Missouri, Jowa & Nebraska Railroad .to-day awarded the contract for the extension of tho line thirty miles west from Corydon, Ia., toC. H. Mellon &Co., of this city. The grading for the branch from Centerville to Albia, a dis- tance of twenty-seven miles, was let to Kennedy &Co., of Des Moines. Botn contracts are to be completed by the Ist of July. This road has re- cently been sold to the Wabash, and will shortly be consolidated with it, and be some part of a trunk Une from Council Bluffs east by way of Keokuk. It will be sold under foreclosure, and the consolidation, will take Place after the reorganization, as in the case of the Toledo, Peoria & Warsaw. Meantime it is to be pushed west as Rapidly as possibie. toa connection with Council Bluits. ‘The pro branch to Albia contemplates a connection with the Iowa Central, and the ultimate consolida- } tion of that road with the Wabash system. Ata meeting of the Directors of the Missouri, Iowa & Nebraska last night the sale was ratitied, and will be curried out. WANT INCREASED FACILITIES. ‘Special Dispatch to The Chicago Tribune. AnRIAN, Mich., March 13.—A large meeting of the leading business men and capitalists of this Place took place in the office of the Michigan State Insurance Company last evening to con- sider the necessity of increased railroad con- nections with this city. The sentiment of the meeting was unanimons in favor of extending Liberal financial aid to any responsible project, and a committee was appointed, consisting of Gov, Croswell, the Hon. W. S. Wilcox, Anson Backus, and ex-Mayor Waldby, to canvass the subject and report to a similar meetin, Monday evening. Mr. Latcha, the promoter of the pro- posed new Toledo, Grand Haven & Milwaukee Road, will be Present, and it is hoped that some- thing willbe heard from the proposed Detroit & Butler (Ind.) Line. A NEW ROAD. Spectal Dispatch to The Chicago Tribune, SPRINGFIELD, Ill., March 13—Artictes of ip- corporation were to-day filed in the Secretary of State's office by the Chicagu & Western Raliroad Company of Chicago, with a capftal of $1,000,000. The corporation pruposes to construct abd operate a railroad from Chicago to Aurora, passing through Cook, Du Page, and Kane Coun, ties, but the route is not otherwise stated. The rators, who also constitute the first id, E.R. New- S. Benson, Murtin Beem, Richard H. Williams, and Frederick P. H: been duly recorded in Counties, Eee, George A. ee, George sou. ‘The articles have Cock, Du Page, and Kane UNDER ANOTHER NAME. ISDIANAPOLIS, March 13.~At 12 o'clock last night tho Indianapolis, Cincinnati & Lafayette Railroad ceased to exist, and the Ci Andianapolis, St. Louis & Chicago Railrcad wee, gan business. ATLANTIC & GREAT WESTERN. CLEVELAND, O., March 1%—The Atlantic & Great Western Road will be formally reorgan- ized to-day, the Hev.. J. n Bates and W. W. McFarlane, the road's New York attor- neys, having arrived for that purpose last night, Legiala The Pond bill having passed the ture yesterday, there is no further obstacle !n the | way of renewing the old franchise under the re- rganized Chas. F.Rretschmer.27....503 B : 1 Sitais eeeschmer 2-503 Reliton ay, 503 Belden ay, or road. The new name is the New Yor! Joti " re Pennsylvania & Ohio Railroad. deans purke. Chicago. ITEMS. Mr. E. D. Smith has been appointed Agent of the Pennsylvania Company’s fust freight Hines— the Union, the National, and the Black Star~at Quincy. By 6 new time-card arranged yesterday, pas- sengers onthe Lake Erie & Western Railroad, which leaves Lafayette at 7 o'clock in the morn- ing, will arrive at Cleveland, O., at 10 o’clock the same evening. New parlor cars have beon pro- ; cured, and will be attached after March 15, run through to the trains on and The train from Cleveland will to Bloomington, IH. ‘The Cincinnati Southern Railroad has: an excursion to celebrate the opening of itsroad. to Chattanooga, and will give a banquet incom- memoration of the occasion at the Music-Hall, Thursday evening, March 18, 1880. A committes of the Chamber of Commerce, Board of Trade an facturers ‘Transportation, and merchants and manu- of Cincinnati is busily engaged in per- fecting the arrangements. ‘The officials of the Kokoma Line complain that the notice in yesterday's TrrpuNe regar: business to the South via the Cincinnati Southern. loing an injustice to them and the Louis- was dol n yitle & Nashville. There {sno competition be- tween the two routes, the: form a say, us these lines ton business between Chicago, In- dianapolis, Cincinnati, and Louisville, and it is the aimof the managers to have both lines equally represented. There will be a general exodus of General Peseoger and Ticket Agents Monday. They go to Cinci and Western mati to attend a mecting of the Central Associations of General Passenger two Agents tobe held Tuesday for the put of eel y Pi rhage discussing the advisubility of consolidat Associuuons. Most of the Chi by the Kankakee Line in Mr. private car, bly of * icago men will go W: P. Johnson's which is now taking in a good sup- wet groceries" for the entertainment of the travelers while en route to Cincinnati. circular re; land, Bea: Commissioner Fink has issued the following ling east-bound rates from Ash- town, ete.: “it is reported ‘that some misunderstand! has arisen us to the correct basis for east-bount rates from Mississippi River points named in and 27, 1880. You will therefore 3 of the Chicago procoedings of Feb. 26 please take no- tice that the basis established by the adoption of that urticle fixes rates from the points named on the west side of the river at St. Louis rates, and from the points named on the east side of the river at East St. Louisrates. The lines from the east side of the river to the seaboard can- not allow bridge tolls to theeust side below 116 Teduce the rate from per cent of the Chicago rate.” The office of General Passenger and Ticket Agent of the Missouri Pacific, which has been vacant since the resignation of Mr. C. bas at last been filled. €. Cobb, A circular just issued by General Superintendent Talmage, of this road, announces: appointed to the above position, ment to take effect March 15. All Mr. France Chandler has been the appoint- business per- the passenger department of the taining to Missouri Pacitic will be under his charge, and Be oa, mt beyed rdingh 8] ster and obeye aCCOT r. cho ardy same must be re- A better have been regard to the ice for the. position could hi made, as there are few passenger agents who are better posted than Mr. Chandler. He is at present General Passenger and Ticket Agent of the Chicago, St. Louis & New Orleans Hailroad, and previous to accepting that position he was Assistant General Inger Agent of the linois Central in this city. He was also at one time General Passenger Agent of the Vandalia, and afterwards he held a similar position on the St. Louis, Kansas City & Northern, from which it will be seen that he is alres well acquainted with the St. Louis busi- nose te is stated that Mr. Samuel Cary, of the New Orleans & Mobile Railroad, will be ap- pointed as Mr. Chandler's successor on the Chi- Railroad, cago, St. Louis & New Orleans LICENSED TO WED. Marriage Licenses Issued During the ‘Week, There was an increase of five certificates isgued last week over the preceding one. The license-business never tlourishes much in Lent, but, as the season will soon be over, there is no doubt there will be a large increase in the weeks following its expiration. Four minors were given permission to marry,—three girls and one -boy. The united ages of one couple was 102. Five widows are in the list for another venture in the matrimonial lottery, one of whom has a former husband above ground, but she has been divorced, and hopes for better luck this time. ‘The list is as follows: 1 { i Age. {Ppomas B. Gleason.23....Lake, IL MONDAY. Name. Residence, Bridget White. Jet Hora. = [BU Manhattan, Kas, Paes Paul, Minn. Mary O'Hara... Louis Kohiman. Carrie Blum. Harri't A. Newcomb.1 George S.Shaw. lzzie Phillis. 126 Hubbard, Heinrich Krupy iso, Dorothea Haker. ‘roviso, HL .E.S1.C. Chris: Walter Boltz, Emma Lovel., Cart Hess... 31. ...298 West Chicago-ay. Jobanna Brauo: < By ms Market. i Gust 0. Alien. { Hulda Mannerkoid. } forms Solomon...-: Carrie Pager... dam Frey, 21.22.6419 North We i perbie Miler 19. ee Howe. ous: is F. Lewis. a2. Montreal, Can, Rachel F. Blumentivizt "14s Ferdinand Reitz......28, { Anna A. Schor. ; lan Erickson, Benriotta A.Forseth.35. Jobn iP. Amelia Lindn EB Sophia 3 4 Jovenh Freikl. Josie Rilepsa. $8. James Spring | Peter Miller. Barbara Lonising. Joel Henderson. Emma E. Gates.. Clarence V. Horton.22 Victoria Kistner....1 Isidor Cohn... —— ETYMOLOGY AND SPELLING REFORM, By J. A. HW. Morray, LL. D., President of the Phuilological Society of Rae gland. From the New York Independent, March 11, Fes. 14, 1880.—The folowing extracts arfroma leter recently adrest bi the President oy the Philolojical Society, Dr.J. A. H. Murray, tu 9 member oy the Engifsh Speling Reform Asocine tion hu had ritn tuhim in refereng to the pap. ages from Archbishop Trench’s buks, “The Studi of Wurds” and “ English, Past and Pres ent,” 50 ofn quoted agenst eny atempt tu return. tu the rational sistem of speling which formeriy ruld in our languaj. Dr. Murray is engajd In editing any Diction- ary ov the English languaj, the first impuls to which was givn bf Dr. Trench himself twenty. two yers ago, and for which the Philolojical 80 ciety has bin colecting materials over sine. The Dictionary wil, if posiul, be completed in tz yers, and it is intended that a first part, ov 400 pages, contaning | the leter A, etal verre pes “ it you say about question is tru—to filologists, Indeed aogeseal ism, long ago setled and don with, that it is with Surprised regret that one is recaled to the gene eral iguorance of people on the mater, igno- rance al the deeper becaus huged with tacking simplicity, am the belefe that it is groundedon nole; * Tis not only pitiful tose the expresionsof Archbishop Trench—uttered just a quarterof g century ago, when English flology was inits pre-scientifie babyhood, and scarcely anything was non of our language in its erlier gave the outward forms in which it hadcom down to us in MS. or print—quoted “tere rational’ reconstruction of our speling: ‘but it is unfair to Dr. ‘Trench himself, ne then stood so wel in the front of filology, that We may be perfectly sure that, if lesure bad been givn him ta weep the eclence, he woud now have been second to no one ag a'speling reformer. For filology has long since penetrated the mere drapery, and grapled with ‘the study of words’ not asdat marks, but as living realities, and for these living realities it first of al demands: -Rite them as they ar; giv us facts, and not fiction, to handle’ But, of corse, none of us new this in 1553. Wo wer stil busy with the drapery, and irate at the sacriligius fonetists who woud dare to ‘alter our language.’ A litle nolege is a dan; thing.—when it does not recognize its litienss nor gain in amount in five and twenty yearn “But al this I must, with deep regret, leve it to others totel. Icannot spare time 10 rite pe Pers. The moreI get into the dictionary the more I feel that it isa life-work, and takes al my energies. I wil try to com to the public meeting; but I must hasten toget the first part of the dictionary out, for that, I beleve, wilsup- BE, amunition to kil the etymological fen wil there see that the ‘curent speling’ is 5 pasing fase, with no consecratiun, no title-deeds, one of a dozen fashions which may hav preced- ed it, and as open to change as its predecesors., Itis necesary ‘curent speling,’ “the present speling,’ ‘the ent fashion of riting the word," etc., people that words are living and groing reall- Hes, and forms of speling but their pictures~—in modern fashion too often their caricatures. ** As to practical mesures, I Srongly apprive of gradual steps. If speling reformers on @ list of imediate changes, selves to use them whenever them in doing 20. If som hundreds of men wil do this it cannot be lafed down. I woud haves list drawn up of words on which there would be & general agrement, excluding for the present al doutful words, but including al those like hav, giv, catalog, ‘tung, det, dout, lovd, pres ‘8 Pi People woud be forced to say: this word so and so, I think Bate gen Sa EP Bt aL e grafted on the o| past cl v been. The Americans are trying to do this, and Ihbeleve that they wil succede.”” A SUBSCRIBER’S SOLILOQUY. ‘To pay, or not to pay,—thatis the question: Whether ‘tis better for me to refuse ‘To take a local paper, and deprive My family from reading all the news, Or ey up promptly what the printer asks, And, by such payments cheer him? No pay, me paper: ‘Then no more shall I be posted on the news And local hap throughout the country, And divers topics—'tis a consummation That Ilong have feared. To pay, or stop? Zo stop! perchance to locse—aye, there's the ruby For in that stop no interest do I'take if any of the affairs which move the town, and such a shuffling of ail that’s good Must make me pause. There's the respect Which every editor maintains for those Who come down with cash and never delay To settle up “that little bill.” For who would e: ie The pointed squids and pungent paragraph Which tar toooft relect Geen oe eee Who fails to Settle his subscription-bill? XH haste mo now pur. he itor, hand, nd, with my purse plethoric in bY pal zs rom r= The sum which is his dues: The Teachings of Experience. uthern Christian Messenger. An back rin visitor to 2 Southern plantatic® an entirely tailless cat enter s in a corn-rick backward, asked a colared agriculturist it he knew the y reason of thas gular mode of ingress. “ Why, ye see, boss, Fras the reply, “dat ar cat used to go inter dat hole headfomuss, jess like any other cat, bot One day de terrier dog, what had been layin’ for him a good sj ii made & grab at him ashe was gwine in, and bit his tail squar off. An’ ever fence den, boss, dat arcat goes Inter dat brie Binefonmss, $0 de terrier dog can't bite off his tai in.’ ADVERTISING. “Select List.” Geo. P. Rowell & Co.’s Select List of Local Newspapers. #Many persons suppose this list to be’ composed of CHEAP, low-priced newspapers. The fact Is que otherwise, The caisiozue states Cxactly what the Pee When the name 0 r PELE PACED TY CER hit co clanced he beste When printed in CAPITALS ft is the UNLY paver!2 the place. ‘The list gives the population of and the circulation of every paper. IT rgRATLV List. 9T v the Important towns which are not covered by the lists sreenumerated. IT IS AN HONEST LIST. An old advertiser writes: “I prefer the LOCAL LIST for the reason that, while but few peisuns in any Fiticular town subscribe for = claas mediums (or th free city weekly) nine out of ten subscribe for er I rs BO enth one borrows is from En ggignpe and te taut one An advertiser, wh wards of $5.00) a year > ‘HE OTHE ADVERTISING i ‘The rates charged for advertising are barely one fon ine publishers schedule The prea fo, aa ranges fro +0 8 inch one month inthe entire lst 1s $080. The rege Blar rates of the papers for the same space and time aro 8,088.16. ‘The list ineudes BET newapapers. gf which 198 are issued DAILY and 78s WEEKLY. They are located in 807 different cities and towns. of which 28 are State Capitals, 7 pisces 0f over 5,000 population, and 485 County For copy of List and other Information sddress Newspaper Advertising Bureau, (0 Spruce-st., New York. 1 St FOR SALE. Schooner For Sale. The A2 schooner Sunrise, rebuilt last summer, Brovclass order. Capacity, S\aU bushels corn dy BINDIVILLE. ply to Capt. JOHN Te aoe Orto J. ¥. CLARKE, Hibernian Bank, f :