Chicago Daily Tribune Newspaper, November 30, 1880, Page 1

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“ToOLUME XL. LES perenne CA ROTHSCHILD, 158 State-st. BARGAINS IN THE IK DEPARET. 100 PIECES STRIPED SATIN, Colored and Black, 75e per yard; choap at $l, re PIECES PLAIH BLACK SATIN, Thc, 87¢, ‘| a jar ‘worth $l, ONG, and $1.25, 75 PIECES aoe SATIN, $i por yard $ the usual price $1.25, BARGAINS IN THE VELVET DEPT. 200 PIECES BLACK SILK VELVET, $i, $L10, $1.25, $1.38, $k. 50, $1.75, $1, 87, and and $2 por yard, SEIRTING VELVETS, $2, $2.25, $2.50, $2.75, and $3 per yard, CLOAKING VELVETS, $3, $3.50, $4, $4.50, $5, and $7.50 per pard 25 PIECES CORDUROY, Fashionable colors, Hairstripe for Riding Habits and Street Costumes, ~ $1 per yard) reduced from $1.50, 270 POS. BLACK PEXIN STRIPED VELVET, SATIN STRIPE, $1.50 per yard These ave the finest Goods ever introduced in this mar- ket; have only recently bee sold at-$3.50. wel - Orders by telegraph, mail, or ex. press will’ have my personal, prompt attention, The goods may be returned at my expense should théy. not be wanted. SAMPLES FREE TO ALL. N. ROTHSCHILD, . 168 State-st. THE “ MARS» COLOGN: A Pair Royal! THE “MARS” COLOGNE (Trade-Mark), THE “TEMPLE” COLOGNE (Trade-Mark). Buck & Rayner, MAKERS OF THE “MARS FACE POWDER” Ih ThreoT ae and Tee Einte, viz White, Roseato, LEC©URE, Dr. JOHN LORD WILL DELIVER FOUN HISTORICAL LECTURES, rede gett cehyterinn Chareh, cor. thirtieth Peesder, Nor. Mgtous 1, Uhorsday, Dee, n tha following subject liver Cromwell, Civil and Tee Wectenee Charters; BNO. i asia Revival of the fueadas, Dee, 7 nity doa sbrederleck tho Great. Tho Prose ‘Madamo Io Stael, Literary Wee Bees 0. man Tor tho Co UrsO, H. Kingla adm a Lectures OPTICAL GoUDS. ne F me cpereciacles anigot fo fll atghts on sctontina plex. G; ht —__OORSIIASTON LON SEKIRG! Meany & & PHILLIPS, GUY AND PRovisioyg BOLOUT AND SOLD ON MAKGINS, 4 La Salle-st. UW. PHILLIPS, JMINANOIAL, HON NEY TO LOAN AT LOWEST RATE braved, jteat Fat a Wats tae nae: prams te ; 15 LEMcconn, Ba city 1 igtousst. MONEY TO LOAN On 1 Rates, ‘Proved City Property ut Current MEAD & COR, Ret) niterat, “SIX PER GENT Weharo Mony; 7 to Lown ut Uper cunt on cholo tm~ Basan Uiy Heal Ketate in sums to ault, of not toss SUN IG, *& BOND, — ee fh Waattnutoneat. Tne HALSISUN Es, ing bt LSKIN CAPS, Alexis, Driv- des stiege, Jockey, and Lolt Band ang lank ade front choice Shetland ‘Man Mask “a Seal, Lowest Prices at Gi arene Pat and Bar Stare, 66 Madison-st, The Tribune: TUESDAY, NOVEMBER 30, 1890, , ‘Tie nows from Ireland this morning Is a Tepetition of the nows for the past month, save that there Is now no probability of coercive measures betng adopted for that country, ‘The landlords and the Tory nowa- papers continue to represent the state of the Green Isloas alarming in tho highest degree. ‘Thoy say that the Land-Lengue Inws are tho only ones respected there, that the peasantry are thirsty for gore, while at tho same thine they will not pay rents, and so forth, and 80 on. ‘Tho island is belng garrisoned from tho ecntre to the sea, tho red coats of tho soldiers bem observable from overy point of rising ground, : Boycott, to dig whose potato crop cost the British taxpayers $50,000, has retired from his enstlo at Lough Mask, guarded by horse, foot, and artillery, but the policomen continue to guard his empty eastle. Mr, Forster has gono to Ireland, and tha Land- Lenaguers are pushing thelr organizations as. if nothing had happene ———= ‘Tre ight sentences which were passed on Lalsant and Rochefort for having so grossly Nbeled Gen, do Clasey aren matter of sur- priso even in VPuris, Several reasons arc given therefor, principal among them being tint tha Investigating Committee, of the Chamber of Deputies may bring to light some matters reflecting on the ex-Minister of War, and that {t was feared that a heavy sentence would result in Coninnistic demonstrations, Both reasons’ are absurd and silly, Tho Trench army officers aro greatly Incensed at the action of the Court, but Rochefort and Laisant seem to enjoy the thing, It has given them notoricty. Thelr sympathizers or dupes will pay tho flnes, and they will poso as martyrs. . In the resignation of Simon O'Donnell ns Superintendent of Police the city Iqses a faithful, energetic, competent officer and a thoroughly honest man, Jie was as efficlent ns it was possible for a,Pollee Superintend- ent tobe under the cireumstanees,—that fs, | under a Mayor who insists upon “running” all the departments of the City Government, and “runs” them badly. With a better man in the Mayor's place, Simon O'Donnell would have been « better man in his own place. As it!s,ho goes back to tho command of tho First Precinct, greatly to the satisfaction of the business-men and residents of tho South Division, who have in the past’ known and appreeldted tho vigilaneo and fidelity of Capt, O'Donnell, Commrsztonrr-Raun’s forthcoming report is almost ready for publication, ‘The show- Ing that he makes is exceedingly gratlfying. ‘ho collections exceed tho - estimates by $8,992,000, and during the four months on d- ‘Ing Oct. 31 the collections exceeded. tho esti- mates by $3,863,000, During tho Inst four yenrs nearly 4,000 {llicit stills have been seized, and 7,000 persons have beon arrested for operating thom. During the last year much has been dono to suppress this busl- ness, and the Commissionor thinks that by, the close of next year it will linve entirely alsappeared. Tho Commissioner will com- pliment the officers under ‘him for their eftl- ciency, Intelligence, and Intogrity. A. Trimunz ropresontativo visited* the réatling-room of tha Publle Library yester- day to Investigate thecharges made against the management of that department of the Institution and the character of its occu- pants, The result justifies the many com- plitints made, The occupants aro a malodor- ous lot, and tho ofticers of the room seen, to be wholly Incking ins duo npprecintion of thelr duty to tho decent public in allowing the room to be turned into a lonting-place for night-prowlers and bummers. Tho officiats could also improve in othor respects, They might by some chance supply reading- matter to applicants within an hour after the slip is handed to them, Farmer 'O’Mnzey, of Ballinrobe, has recelved a letter from Monaghan threaten- ing him with Instant death if Boycott is shot. Tho Land-Leaguers are said to have trans ferred their banking accounts to Parlinment. Over 1,000 persons joined tho Land League in ono district In County Clare, Tho trial of Parnell will be in progress when Parliament meets, which will doprivo him and tho five members of the House of Commons who are indicted with him from discussing tho new Land bill, Some of the moro boisterous of tho ngitators attend mectings nownsdnys with naked swords, Such, in brief, is the news from Iroland this morntyg. ‘Tire conditions on which tha syndicate of bankers has advanced $40,000,000 for the completion of the Northorn Pacific were made public yesterday, Tho money is tobo advanced on tho gold bonds of tho Railroad Company bearing 6 per cont interest, and se- eured by tho land-grauts of tho road, 46,000,- 000 acres, and a mortgage on the Iino of road. The bonds are to be Issued asthe rond is completed and accepted by the Government. ‘The syndicate will be represented in the Directory of the rond by Mr. Bullet, of Phil- adelphia, and Mr. J, W. Ells, of Winslow, Lanier & Con bankers, of Now York, Mn. Easny, Chief of the Naval Bureau of Construction, wants Congress to xppropriate $7,123,886 for use in his branch of the serv- ice noxt year. Of this sum $9,500,000 are required for repalrs, tools, machinery, ma- torlals, ete,, and for: finishing tho two new vessels, the Mohican and Now York, now In course of construction; $3,123,830 for repair- ing and finishing four monitors; and $1,500,- 000 for the construction of threo gunboats and commencing work on two armorplated crulsers, Mr, Easby regards the navy as it now ig both Inadequate and lacking in ef- ficluney, —— . Tne Poles who have taken up tholr resl- cenco In the United States cclubrated tho fiftieth anniversary of ono of thelr gallant struggles for independence and autonomy yesterday in many cltles through the coun- try. ‘Tho celebration In this city consisted of 8 parade in which soveral thousand of Sobl- eskl’s countrymen partloipated, Kellgious exercises were held ‘in, the morning, and a muss-mecting In tho afternoon, at which speeches were mado by Gov, Cullom, Mayor Hurrison, the Ron, W. J. Wynos, aud several orators of the land of Kosciusko, Tim Conpiantluonlog: 1tInoplagrorrespondont of tho London. Z4mes says that the Sultan thinks himselt happily. rid of Dulclano, as he Is treo now to meet Greece on his own ground, and to fores a fight with that Power bofore it is fully prepared. He thinks that ia army will be ablo to make short work of the Helienlo’ forces, and that his claim for'a war indemuly " % TUESDAY, NOVEMBER ty will bo mora than an offset for any territo- ‘y which the Powers may compel him to eede to Greece. If this Is the calculation of tho Sultan he may bo reckoning without his host, Owtna to the speculative fevor in stocks and products, money {s very searca in New York, Yesterday brokera were offered a commission of 1 percent to obtain temporary loans at 6 per cent interest, and in many places the loans were not forthcoming. On the contrary, some . bankers and private money-lenders began to call in thelr loans, The “bulls” say that tho stringeney In the maney market is the work of the “bears,” but tho Intter plead not guilty, —— ee A Lonnow cablegrain snys that tha Popo is about to make Archbishop Croke, of Cashel, Irelant, a Cardinal. ‘ho report lacks con- firmation, Mgr. Croke is very radteal in his Irlsh National syinpathy, and tho English Government has probably cnough Influence at the Vatican to prevent his elevation to the Snered College. Mer. McCabe, of Dub- Un, who isa good enough Whig to satisfy the powers that be, will probablybe the Irish Cardinal {f there Is to be any. Anrqumms service In honor of tha cole- brated French pulpit orntor Lacordatre was held Inthe Chureh of St. Augustine, Parls, yesterday, ‘The Abbé Montsafre delivered the sermon, and strongly Invelghed agalnst the enforcement of the religions decrees, Several persons who oxpressed themselves too freely abont the Government outstde the church were arrested on a charge of sedition. oreeaiet Sunny night a conflagration broke out at West Point, Va, whieh resulted in the de- struction of the wharves and sheds of the Richmond, York River & Chesapeake Rall- road Company, the Company’s steamer Shir- ley, the telegraph and frelght ofllees, and 2,000 bales of cotton Jyhng on the whurf. Tho total loss ig estimated at $150,000. ‘The in- surance will probably cover the entire loss. Turns isa probabillty that the Philaael- phin & Reading Railroad Company will bo soon relieved of its finanelal embarrass ments, It fs stated that the present manage ment have raised $2,000,000 to scenra the issue of deferred: {icome bonds, It 1s ox- pected that the money wHi be put up next Thursday, Mr, Gowen will then leave fur England to arrange with the creditors, — Rocnevonr Intends to Icep before tho public as much as possible, Yesterday hoe anuotunced his intention of asking the Munle- {pal Connell of Paris to purmitthe erection of statues in honor of the Communtistic heroes In various public places of the city. Tho request will hardly be granted, but then Rochefort will have created nm sursatlon, and that i4 what he wants, Arrinrr of twenty or moro steam erntt and their consoris wera agnin fast in the ico atthe head of Lake Eric yesterday. Last night rocket signals were sent’ up from some of the endangered craft. The ico varies from ten inches to between four aud five feet in thickness, At ‘Toledo the new steam- barge Agnes was cut through by ice and sunke- Tu French Ambassador at Madrid has protested against the ostentatious hospltality accorded by the Spanish Ministers and Crown oficlals to the expelled monks of Francd; also.to the friendly tune of the Miutsterfal press towards tho French monks, “The Am- bassador also objected to the establishment of monks near the French frontier. Tue sculling match between Trick ett, tho Australian, and Ross, the New Brunswicker, was rowed oyer tho Thames clamplonsnlp course yesterday. ‘Trickett came in threo lengths ahead, but Ross claimed a foul, and his claim was aliowed, ‘The race will have to be rowed ngain over the same course on Saturday afternoo Rocneronrr, Karl Marx, and Leon Hart- mann, threo personages not wholly unknown to fume, have been addressed by 0 Russian revolutionary committee, which calls on thom to exert thelr influence to obtain syb- serlptions In Europe and America In order to actively propagate Nililism in Russla.. Tho trio will comply, Tieng {s nothing mean about Hanlan, The'Australians having fatted to back thelr man for $5,000, Hanlan reduced his bot $3,500, and conceded to Laycock nearly all the conditions that ho clalined. ‘Tho race be- tween them will come off soma time in Jan- unary, Betting is strongly da favor of the Canadlan.: . Cossopony Jerrens, Chief of tho Ord- nance Bureau, sags that there Is a pressing need for guns of 2 more approved typo than those In use at present. Recent Inventions huve revolutionized ordnance. Ho wants Congress to npproprinte $300,801 for this and other purposes In connection with his as partmont, Tim German steamer Silesia brought 100 Socialists from: Hamburg to this country yesterday, These enforced immigrants aro mostly clgarmakers, though there aro somo printers and one or two editors among them, ‘The Socialists nt this sito have provided work for some of thoir brethren, | Cianres A; Att, a lawyer of St. Louis ‘was sentenced to ono year’s imprisonment In the United States Circult Court of that city yesterday for counterfeiting. Hall was a law student in the office of James Buchanan, and was onco Suporlutendont of the Sacra- monto schools, Ontven Penny, a banker and large cap- Itallst of Cinclnnatl, dropped dead tu his office in that city yesterday while he was transacting some business. ‘Tho «deceased gentleman was In his G2d year, Iie was one of the keenest and most enterprising mun of his section, Genwany and Long Branch aro not the only places in the world where the Jews aro belng persecuted. Notwithstanding tho re- nionstrances' of tho representatives ot tho European Poyers and of the United States, thoy aro being p porsepted, with great rigor In Morocco, Tris possible that tho ‘Albanians will bo satisfied with: thelr new rulors. Prince Nikita has promised them Wberty of worship, complete ainnesty ‘for thejr opposition to Montenegrin rule, and security of tenure of thoir holdings, and many other privileges, . ——— ; ‘Tue Montencgrin flag flies over tho citadel of Dulelgno at last. The citizens have sub- mitted peaceably, and the ‘Turks huve with- drawn, -The borders of the newly-acquired territory are being patrotiea by Montenegrin soldiers, and the long agony of the Albanians 30, and the enable fiend Is at nnend for some thne nt least. But the Eastern question Is hut yet settled, and theitect which was to participate in the naval demonstration which never eame off will keep tosethor for future contingencies, Tris sald that Brockway, tho forger and countorfelter, was released on condition that ho would detiver up the countertelting plates to the Government, He gladly accepted the conditions, of course, and It Is now almost certain that lie will not be prosecuted, nema Tin Mark Lane Express says that little wheat was sown in Great, Belial or Lretand Inst week, owing to the frost and rein, whieh alternated with each other, ‘Thu market was somewhnt dull, and was not affected by the speculative prices In this country. Presinext Waves lias issued 0 proclamn- tlon relleving Chinese vessels entering United States ports of ail discriminating dutlessuch astonnage and impodst, ag long as United States vessels aro permitted to cuter Chinese ports free from the same. Axsona those who passed away yesterday were George Parks, the first Mayor of Grand Haven, Mich.; Oliver Perin, President of tho Third National Bank of Cinclunatl; the Rev. A. E, Hasting, of the Union Presby- terlan Church of Detroit. ‘ ‘ ‘Ti Common Council passed:the ordinance for laying a track on West Lake street Inst night. The ordinance fs the same handled one which was described in Trimusn of Sunday. It was passed by a vote of 23 to 4, A M. pe Lessers is pushing hls Panaina Canal scheme with extraordjnary vigor, Sub- scriptions for tho stock are ‘pouring In from enpitalists in all European countries, and the great engineer is highly intent the success of his efforts, ‘ ‘THe Communists fare budly at the hands of thelr quondam friend Gambetta, Suv- erntof them wero arrested yesterday ina Paris cemetery for participating in celebra- trons in’ honor of ele deceased compatriat, Yerre. Mayon Tiannisoy sents message to the Council last night with an ordinance em- bodying his ideas of the’ basis on whieh the Luke-Front property should bo transferred to the Lillnols Central Ratirond Company. AGAtn Is it rumored ‘that the marriage of the Baroness Burdett-Coutts to her young Sceretary, Bartlett, 1s off, Itwas rumored on Saturday that the marringe would take place yesterday, but it did not. © a Baron von Rapowitz,.the Gorman Am- bassador, will renew his advice to the Greeks not to be In tov great a hurry about going to war with Turkey. The Greeks will probably take the advice. Tie: present pressure for cars with which tomove the produce. of the. West by rails stated by men fn the trade tobe greater than at any previous thine since the year 1667, ‘cunaienmvmanommene ‘Mns. Praxors Soren}! i OF Now Haven, Conn,, dropped dead. csuddenly yesterday morning on learning that her: husband, 9 re- tired merchant of that elty, wus dying. ~ Tu Archbishop of Gou, a Portuguese set- tloment off Ute coust of Lindostan, 1s dead. ‘tho deceased Prelate was the hend of the Toman Catholic Chureh in tho Eust, Sourit to west winds, higher temperature, andelear or partly cloudy weather, are tha jeteorological conditions vouchsafed_us by the Weather Bureau to-day. Tue Baltic and Algeria brought $742,000 worth of gold bullion to New York yester- day, and tho Silesia brought $450,000 of the sine commodity, ——— s Tue receipts for tolls of tho Now York canals for this year amount to $1,155,001, agalust $041,673 for tho previous year, OBITUARY. OLIVER PERRIN. CINCINNATI, O., Nov, 29.—Ollvor Porin, Preal- dont of tho Third National Bank of thia city, 0 wealthy capitalist, mamber of tho Porin & Gait Manufacturing Company, of Nelson, Porin & Co, (mnlt-manufacturing house), and uv largo owner of shares fn auvoral dlstiiories in this elty and elsowhero, ‘died suddenly at 3 oclock this ufternoon, In the ofice of Nelson, Perin & Co. He had been attending to business and was solzed sudidonly. Tboso around bint saw him quickly raise bis hands to hly head. ‘fou min- Utes Inter he wus a corpse, Deconsed was o2 Roars old old, and was bora neur Milford, Clermont munity, O. — THE, REV. A. E. HASTINGS, Detnoir, Mich, Nov, 20,—Tho lov. A. By Tastings, a well-known and beloved Proubyte- rian clergyman, pastor of Union Church, in the eastern purt of tho city, for tho past eight years, died suddenty yesterday, His beaith bad always ‘been frail, but hla dovotion enabled tin to nc complish a grent nmount of work, Ho loaves a wifo wud four children, PROF, LOVIS PRUGH, Bpeetat Dispatch to The Chicago Triduns, Vincennes, Ind, Nov, 20.—Prof, Louls Prugh, Principal of the Vinconnes University during the past olght yoars, died at nis residence in this olty lust nignt, Vrof. Prugh laa native of Sum- wereld, O., and a graduate of Antioch College, MNS. LUCINDA HEISTAND, Hpectat Dispatch to The Chicago Tribune. Exarn, 11, Nov, 20.—Mre, Lucinda Helstand . died at the asylum yesterday of bemorrhage of tho brain. The decoasod was agod 55 years, and had beon at tho asylum threo yours and a balt. her remains woro sent to her home at Adeluide, Ogle County, for burial, ‘GEORGE PARKS, “Dernorn, Mioh., Noy, 20,—Ucorgo Parks, ona, of tho onrliout acttlers of Qrand River Valley, and frat Muyor of Grand Haven, dicd yoatorday;| aged Of years, 3 a SENATOR LOGAN ILL. Cansonnary, HL, Noy. %—Gun. John A, Loe gan. and his wife baye been visiting thoir old homo frionds fu this county fer tho past three weoka, aud wore intunding to retury to Chicago bofare proceeding to Washington, but, owing to i bontth, tho Genoral fa obliged to change his plans, {fo has been confined to bla bed at Murs physboro since tho ith inst. by a very puinful ulcerated tooth, Folin by an attack of acute rhea, fio will romain at Muephysboro qui heedy for aoveral ilaya, and now oxpucts to go to Waahlagton direct, without returuing to Chile a “RIPE OLD AGE, Special Dispatch to The Chicago Tribune, - - Decarun, HL, Nov. An octogenarian harmed Waldon Steward died hore this morning, His nge was 60 years, Ho wus born ia North Curolina, and for many years Mved with bis children {a Wisconsin and Canada, He leqveaa son, Dalton Steward, iu thls gity, OLD NOTHER DILLON, Loaansront, lad., Noy, 2.—3ira. Mary Ditton, or, a8 she wus better known, “Old Mother Dillon," died at hor home in this olty yesterday, at the oxtraordiuary axe of 12 years, Sho wus born in County Limerick, Irvland, in tho year 463, and camo to this country near Wie yeur 1d, 1880—TEN estimated now, PAGES. NEW YORK. The Renan Pacific Neate tiations the Sensation of the Day. ‘A. Syndicate Contracts to Take Forty. Millions : of Bonds. Tho Money Market Understood to Ba at the Mercy of Gould + and Bage, Borrowers Frantically Offering Various Rates of Interest for Loans. Continued Tossings by the Bulls and Poundings by the Bears, The Produce Markets Depressed and Holders Apprchensive —Baltimore. Present Gxtreordinary Situation of Theophilus Youngs, of Boston. He Lives and Breathes, but Is Having Difficulty in : Proving it. Another Troop of Communists Fired Out by Bismarck Lands at Castle Garden. O'Leary—Rough Season at Soa—Frank LeslioSilk—The “Tunnel Viotime —Diphtheria. THE FINANCIAL WORLD. NORTHERN PACIFIC, OPERATIONS OF TINE SYNDICATE. Srectat Disvateh to The Chteaaa Tritsene, New York, Nov. %—The largest transae- tion in railrond bonds ever made In the United States has just been closed by Drexel, Morgan & Co,, Winslow, Lanier & Co,, ‘and August Behnout & Co,’ they having made a contract with tho Northern Pacific Railroad Company for $40,000,000 of O pur cent gold bonds, forty.years to run, avart of whieh Is bought firm and s part on options, giving the Company time to sntsh the road, the bonds . to be Igsued only ag the ‘road {x flaished and necepted by the Government. Ii addition to belug secured by mortgage upon the tne of rond, thoy will also be secured by a mortgage on the Immense Jand-grants of the Comp , Mfler all sales to this tlie, at 45,000,009 to 47,000,000 acres, LANGEN THAN ALE ENGLAND combined, The three iirms named above 43 contractors for the Joan have assuciated with them some of the best-known bankers here and in other elttes, ag well as in Europe, mong whom are Messrs, Drexel & Co., of Philndelphin; J. S. Morgan & Co, of Lone don; and Drexel, Harjes & Co:, of Paris, In this elty the associates are the Bank of Com- merce, the Third National Bank, Messrs. 1, Von Hoffman & Co., Messrs, J. & W. Selig- man & Co, J. 5. Kennedy & Co, Speyer & Co., Kuhn, Loeb & Co.p Woertshoffer & Co. 3 in. Boston, Messrs, Lee, Higginson & Co., Messrs, Brewster, Unssett & Co.3 in Balti- more, Messrs. Johnston, Bros, & Co, There are now fn all NEARLY 00 ates, Hae OLD CONSTRUCTED » in operation, on whieh thera aro no mort- egnges or Mens of any kind, and on which there has been spent about 230,000,000, In addition, thore are the Missourl Division and the Peu D'Oreille Division,. together 420 miles, a part of which Is completed and the test Is rapldly getting ready for use, On these two divisions there are some sectional inortgages, By the terms of the agreement with the Company the contractors are to name two Directors Inthe Board, and the Persons selected for the positions are J. C. Bullitt, of Philadelphia, and John W. Ellis, of Messrs. Winstow, Lanier & Co,, of Now York. It is understood that Mr, Jolin Jaceb Astor 13 8 large subseriber to tho bons, THE CONTRACT signed to-day insures the complotion of.tho Northern Paelfic Railroad as fast as possible, for the contract provides for the furnishing: of the money as fast as it can be used with due regard to economy, The Syndicate fs to take ten millions during the coming year, and the Company ts satisfled that no more money ean be expended with due regard to econo- my, : The Company operated during the Inst fisenl year 733 niles, THE TERRITORIAL LINE of Dakota was crossed a fow days ago. Work on the Pend Orlelle Divislon of 309 auilles is golng on rapidly, though tuero ls a littlo delay Just now for want of tles, but the rails reall there, und it Is expected that the division will be finished this year, ‘Twelve nites will bo built on Columbia River Division, between Alna- worth and Wallula, so that thera will bo sttiitlonal te tho mileage of 4811¢ :iniles this year, making a total of 1,20ul¢ aniles, ‘The gap between tho Afissourt and. +] Pond Orellly Divisions fs 820 miles, ‘There is algo td be built the Wisconsin Division, from ‘Thomson Junction to Luke Superior, on tho Mantreal River, thera to connect with the proposed Ino te the Straits of Mackinac, amt tha Columbia River Dixisilon te Portland, Ore, A bridge must be built over the Mls. sourl, the cast of which is set at $30,000, PROM THE ENGINEENS' ESTIMATES .it Is thought that $10,009,000 will prove mora than enough to complete all these lines, Nearly 600 miles of tho Hnols now withont any Jncumbrance, and ft 13 apparent that thy | Company has enouxh road now bullt to sus‘ eure the entire amount of bonds to be Issued durhug the coming year. Outof tho. total Issue an amount equal to the bonds on the Pent Orellis Diviston Gvhich ty bonded at the rate of $25,0N 0 inile), and the bonds on thd Missourt Divistlon (which fs bonded at holt that amount) “wil be reserved to retire the underlying securitics, ‘Tho road will deal directly with the actual con- ‘| tractors, without the Intervention of any construction company, Tho Company, hay ing now over 400 miles of roud without any iley supa can Issue that amount at.once, Pho ground. is now belng-cleared for the Monteval Plyistou, 130 miles cast of Duluth, very large. tho to the Montreal River. The advance guard is at work A the Yellowstone, and. IKE CASCADE DIVISION : (which will complete the connection of the Pend Oreille Divisions with the coast) will obs put under contract once, ‘The Pend Oreitle Division will be completed this winter, and next year will probably seo track going down at the rate of a mile ondaheltaday. The y fins recently given out contracts i tons of steel rails, 1,500 to the Cleve- land Rolling MIM, 1,000 to the Pennsylvania Steel Works, and 1,000 tothe Bethlehem Jron Works: also for twelve locomotives tu tha Baldwin Works, and 259 ore, cattle, and bus cars tu the Detroit Car Works. Tite Ornpunen,” nays? Tho Grins which have aubserlbed have bought outelelt $10,000,000 of trat-tnortgae bonds and Inve reeelyed tho privilege of $10,000,000 une nimlly for threo yenra, nmkiug tho possl- ble xmount of the transfer — $40,000,000, Ic Is understood that tho price ugraed to be pald was Wfor tho bonds absolutely bought and 2% for any that may be taken under tho terms of the options. ‘These bonds have forty sears to run and bear 6 por cont interest, prinelpal nnd Interest payable in gold, -They are seoured hy mortgage on the road already ballt, Aa well as on that te be,congtrueted. They will be issued, except the $10,000,000 now sold, only as the rod shall bo butlt and accepted by the Gove erument. They tre still further secured by mortgages on the hinds granted to the Com- pany, which are estimated by ‘members of the ayniients tonmountafter alt sales up to tho present time to FORTY-FIVE MILLION ACRES. This Intter mortage does not cover nny Innds ent of the Mission Hiver, the sales of which devoted. of are stock ta retiring © tho the = Company. In. ease of A defuuls in “the payment Of tho Interest on bonds, it hes beon agreed that, siledot these lands east of the Missourt River shall be used fi paytyg the overdue Interest in udyanece of tho preferred stock. This agree- ment, however, not been approved hy the Directors of tho Company. ' MONEY, AVERY NAD STATE OF APFAINS, Spectat Diypatch to The Chicago Tribune. vew Yort, Nov. 2.—In the last hour the k brokers liad great diicuity in getting Jonns at any rate, Itis reported that they pald as high as 24 of 1 per cent wer day in ad- ditlon to 6 per cont, bau the banks, instead of belng lenders, were, in inany eases, compelled to call In loans, So the private lenders of money are con al, they to-day un- dcoubtediy-called ina part of what they had loaned ont on stocks, but, if report ts eor- rect, only a part. THE MISFORTUNE preferred oF. um PRESENT SITUA- is, that speenfation ls 61 rosea ns to have already used up the faellities of the banks and to jeave tho money market in the control of a few large private lenders, who have in- terests to serve In the stock market. A Jarge amount of forelen gold will be needed to break this control. ‘The three steamers, to- wit: the Algerin, Baltic, and Silesia, brought ‘$1,181,500 In gold, nearly ail of which govsto thg Assay Ofticc, ‘The amount on itis Ne- vida is not ‘yet known. About $5,000,000 was expoctedon these steamers. There apr pears to be agood deal of apprehension In the money market, for the renson that the banks are fully expanded, and that tho. mer- eantile and speculative demand for money is Speculation -at tha Stock Ex- change ig mutehed in activity by that at the Cotton and Produce Exelmtiges, and the de- inaud for money from the South and. West ‘continties larges “Lhis being the situation in this Hye, there is comfort to be derived from the prospect of large and good exports, while om the other side there is fear that some of the hirge money-lenders, who are’ also spec- wators In stocks, wit! call jn their lonns, and that other money-lenders inay wish to test the ability of borrowers from them to pay, Between these conilicting Influences, which are intertwined with speculative interests, those who havo borrowed money on tlie and are secure by renson of time-loans, can afford to witness the present strugglo with- out uneasiness, TUE SQUEEZE. Thoro are nunierous indications of a sharp contest In Wall street this week between the bears in stocks: (who are hard at work to produce a stringency In funds) and the lead- ing bulls who will endeaver to push up stocks in whieh there is a large short in- terest ton higher range of quotations, [tls ‘rumored that Mr. Sage and his frlends have locked’ up about $12,000,000, and that they locked uv $3,000,000 {n certilied checks Inthe banks on Friday. There Js i rumor thnt the bull combination have successfully negotiated for a large foam abroad upon Vanderbilt sceurities. Russell Snzo says that there Is not a stock on the Exchange list whieh is not too high, and he stoutly denies the rumors that he iy In the plot to lock up mbney, It Is elniined by Mr. Sage's frlends that he and Mr, Gould are ACTUALLY LOANING AnOUT $20,000,000 1 ‘TH STREET upon stocks, Mr. Vanderbilt fs sald to be- Neve that the New York Centrat & Hudson River Railroad Confpany, within s fow sents, will be paying § per cent dividends on $2 000,000 of enpltal stock. (The Insiders in Del- aware, Lackawanna & Western claim to be- Ileve that tho stock 13 worth 140, and declare that it fs earning 18 per cent, ‘The bulls con- fidently talk of 125 for itin January. Tho short Interest on spreads Isvery large. It la stated that the short interest In Erle on the call side of spreads alone amounts to up- wards of 100,000 shares, STOCKS, IN WALL 8TRERT, Bpectat Dispatch to The Chicago Tribuiie, New Your, Nov. 20.—In Wall street to- day, the morning trade doyeloped a some- What unsettled and feverlsh feellng, aud there were rapid fuetuations and alterna tions of weakness aud strength, ‘he market opened 2 per cent higher than it did Satur May, Tho stocks leading the advance wero Metropolitan Elevated, 104 , higher for Northwest preferred and Nashville & Chiaté tanooga, Uf for Burllngtan & Quiney, 1 per cent for Loulaville & Nashville, wut $@y higher for tho remainder of tho Hst, oxcopt for Iron “Mountain, which was Fy lower, Delaware & Hudson Canal 3g, and Western Union Telegraph and Kansas & Toxas J¢ each, TUR CHIEF INTEREST at the Stock Exchunge, Ju thevarly dealings, contered In the share specutation,und the spo- celal features of this were Western Union ‘Volograph, Chicago & Northwestern, ‘and Milwaukee & St. Paul The fratenamed ranged between 069 and 0334, Northwestern conmigh between EM and 130, Northwestern preferred Hi and 145!g, Milwankeo & St, *Paul common between 1003¢ and 112%, and the preferred between 1234 and i. ‘The Kener market at the opening was strong, but soon became weak, In sympathy with Western Unlon Telegraph, At this polnt inany rujuors began to be hawked about In the loan market, and Northwestern and St, Paul were Inmediately adyancect to the tige ure named, and 9 corner in each was report ed, ‘The rise in these stocks raltied the gen- eral’ Hst, Western. Unton ‘Telegraph alone continuing weak, and tho general Ist advanced }(@); and continued strong until 1230 o'clock, when the wholo Ist became weak, and so contiiued up to noon, North- western at 10@I45, and St, Paul at 10{@ 323, .Lake Shore was gelllaus at 122, Jersey PRIC Eptve CENTS. . Central ie £ if Delaware, Lackavanna &- Weste 134, Delaware & Hudson at, 90, Michi. Montral at 113, Chattanooga at % 03, IroitSzbuntain at 4814, Union Pacific nt 10034, Erle at 473g, and New York Centrat.at 11334," Karly In thoday Chesapeake & Ohlo, Ontario & Western, Louisville & Nashville, Burlington & Quincy, Chattanooga, Aetro-": politan Elevated, and Lake Shore were CONSHICUOUSLY BTRONG at 4@334 above the figures at which thay were selling at noon, whilo the Granger: stocks sold highor than Erle, and there was. n stronger market for the Vanderbilt stocks. © Western Union was further hammered down 1o 0334, It was reported -and generally bo- Neved that the parties who are selling West-. ern Unton.down are short of the Grangers, and the bulls in. the Iatter are running up Northwest and St. Pan! In retaliation. The story on the street was that the bear party would probably be forced to asettlement. ‘The battle also extends to Erle, and the same. partles who are short of the Grangers aro violent on Erle, ‘fhe eoal-road stocks react! ed about 1 from the best prices of the morn- ing, and at noon were dull, Lake Shore & Erie were also enster, ON THE RECOND CALL. . this afternoon the stock market was heavy, and quotations were down from 1 to 3 below ~ the quotations at nuon. Chattanooga fell 234, Canada Southern and Houston & Texas 3 each, Delaware, Lackawanna & Western 15%, -"* Louisville & Nash ile 134, Delaware & Nud« son and Western Union Telegraph 134 each, the latter faliing to 923¢, Burlington & Quins, . | ey, Reading, antl Hannibal & St. Joo t encht, Ontarto & Western 3, and New Jersey Cen- tral 1, Northwest, and St. Paul common were, however, falily ausiported, but reacted | ~ somewhat along with other stocks and the.” severe twist inimoney. It was reported that the manipulators. of the money inarket had: to-day called Ioans to the extent of $7,000,000. , A large number of various stucks were gold to-day on seller-sixty contracts, and this started the selling movement and Intensified the feverish feelin. AT 20 pM the market was feverlyh, irregular, and gen- erally heay it continued very weak until the Anal dealings, prices having further fallen ° }@13f, Inthe final deadings this was ro- coveted. ‘The features of the market to-day were Western Unton Telegraph, Northwest- ern, Milwaukee & St. Paul, Chattanooga, Lake Shore, Union Pacifie, Michigan Central, und the coal stocks. ‘The closing quotations are 1@4 lower than on Saturday for the lead- ing stacks, exeept Northwestern, which is 24 higher, and Loulsyiile & Nashville, which Is3 higher. Rallrond bends wero im regular, with the largest transactions In Bos- , ton, Hartford & Erly firsts, which advanced BZ, to 403g, THE OTHER CHANGES ed were as follow: An advance of 4 In Erle tunded fs, Kansas & ‘Texas first consols, sud. Iron Mountain, Calro, Arkansas & Fulton + Branch; 24 in Northwestern coupon gold - bonds, Iron Mountain seconds; 1¢ i! Chesa- 3 peake & Ohio currency ¢s and Canada 1 Southern firsts, There was a deeline of $f ..' in Erle second congols; 14 In Texas & Paelile firsts, Rlo Grande Division, Columbus, Chi- engo & Tudlana Central-trust certificates, and Ohio Central firsts; 1¢ In Kansas Pacific. first consols, and: Lehigh & Wilkesbarre In- cores, and 3g in Metropolitan firsts, Denver & Rio Grande firsts sold at 1143 Central Iowa firsts at) 1124; Jersey Central’ firsts at 118%¢5 Lake Erie & Western firsts nt 100!¢3 and Mo- bile & Ohlo new mortgage ‘nt 100}g¢@u0. * WESTERN UNION. 3 “youNDING” It, 5+, $ “ spectat Dispateh ta The Chicago Tribune,” ? New Your, Nov. 20—The wenkness tn Western Union, in the face of an otherwise strong market, Is undoubtedly duo to heavy. sales by prominent Direeturs, who have de- eldet to aveept the sttuation and to continue to act without regurd to the new company . wntll such thine as the Intfer sluill find It to its advantage to proposs acceptable terns fora working arrangement or combination, Tho stock fs given a wide berth by Intelli- gent operators on the bull s|de, and it seems - provable that the price will show a eouatilons: able further decline, BRODUCH wi Sprelat Disnateh to he | Chicago ‘Tribune, New Yon, Noy. 29%—A continued spresa: ure to place supplies, mainly in the speculas ve tnterest, led toa further decline in wine | --- tor whent, generally of nbout 1@13¢ cents a - bushel, in instunees even more, on a leas: active movement, even in the option Ine. No, 2 red, us the faverlt grade, fluctuated frequently through the day, but, Tn the way of options, raliled near the close about 3¢ cent abushel. No, 1 white attracted a compara- ~ ively moderate share of attention, and hag been exceptionally heavy throughout. Avery. thine market was reported for spring wheat, — - whieh has been quoted lower and irregular, ©: Cable advices were adverse, The Inerenaing marked depression In forelgn exchange and the stringeney In money wifavorubly aifeots bustne: Sules were reported of No, Lred _ nt SL2s@iesig; No. red nt $1 21Y4@1.28; do November at SL224@1.24, closing at S1.22)¢ - bid; do December at $i24@1.23, closlag - at $1.22 bid and $1.221¢ asked; do January at SLY YO@Q1.24, closing at $1.259f; do February at SLUTY@LBY, closing at 81.98: No. 8 red, fn lots at $1.17@1.18; ungraded red at $1.15@° 1,284 ng to quality, 2 CONN, OATS, NVE, BARLEY, - Corn was fairly uctlve, but offered more freely, and quoted down 4@Ilc a bushel, leaving off, however, rather mare’ firmly, * Sales wero’ reported of uixed ‘Western un graded new nxt old at 57@Ule, as to'quallly; No, 8, STYE@Si34e; yellow Soythern’ from: dock at 6G38e, Onts quite active,’ but at a ~ further general reduction of 3g@ic a bushel,’ closing, however, somewhat stroiger In the instance of No Sa shade higher, as in very good request, and offered with reserve, Sales were reported of white Western tigraited ; at o@Wye.ns to quality; nixed do at 2@ de: No.3 Chicago quoted at. 443g nflog tye was quite heavy and quoted much lower, Under more urgent offerings, and a limite demand, Prine State aloat was yoported ag offered at $1.04, with $1.03 bid, “Barley wae less aetlye, but hekl confident, Sates wore reported of two-rowed Stute,.early dolly orles, at $1.05, PROVISIONS, © Hog products wera tesa. active.’ ‘Westen stein Jard attracted most attention, swith - values ruling lower, Western mess. pork was fn Hinitedd request for early: delivery, Quoted at $14,50@15,00, and now at $16.25, and tn the option Hing Western’ mess neglected, ts for some thine past, with January. and February quoted at 814.00 bid, aud $15,00 naked, Cut meats worg snoderately active on the basts of previous quotations, A ful Inquiry prevailed for bacon, with long ‘¢leat quoted at Te and short clear at s@s3¢e Western steam lard was tess suught atter~ a a devline' af about 10¢ fur early delivery, quoted as closing at 83,05, Sales lave bee! roported nt $8,05@9,00, and In the option Ine- less uetlve ata reduction of about 5@10e, but hurdening again towayd tho close, with December closing wt $4,027 bid, January at $9,00, February at $0.05, and Murch at $0,123¢, OTHER DEVAS. » ‘Tallow bas been in falr demand, with sales, A noted ut O%@OKe. t\ Raw’ sngure wore in fait demand and Art, ’, ‘os Ot 7 O10G7 1-16 cents for falr to wood

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