Chicago Daily Tribune Newspaper, January 13, 1881, Page 6

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Pa ee ee ee ee Se eT ee me ale 4 4 ee Sel. ee ee ‘a NEW. YORK. A Chapter in Telegraphs Un- paralleled in the Annals, | of Stock-Jobbing. | Jay Gould's Friendly Contracts and Nogotiations with Jay Gould. Engor Participation of Yandorbilt in tho Enornious Snap Game, “Twisting of the Street,” Triple Consoli- dation, and Readiness to Squeeze tho People, Firm Action of the Chamber of Commerce of the Metropolis, It Declares Its Opposition to the Despotism of the Rail. way Kings. Platt. Almost Certain to Be Elected Rail- road and Conkling Senator from New York. q Stanley Huntley in Answer to the Charges Concerning the Chinese Forgery. Opsuing the New Yenr with the Largest Exchanges Ever Known—The World's Fair, JAY GOULD, IS CROWNING ACT OF DUPLICITY, Speciat Dispatch to The Chteago Tribunes New Your, Jan. 12.—It was stated in these disyntches last night that a consolidation of the rival telegraph companies, the Western Union, the American Unton, and the Atlan- tie & Pacitic, had been agreed upon between the chief owners, Vanderbilt snd Gould, and to-niglt !t can be positively announced that the consoldation was effected to-day, the papers thereto being duly slened. It Is. a somewhat dificult matter to get atthe methods by which the consolidation was ef- tected, all the parties thereto being extreme- Jy reticent. President Green, of the West- ern Union Telegraph Company, answered 2 question as to tho progress of the negotia- tions for consolidating the three great tele- graph companies by saying to-day: “The terns of consolidation MAVE BEEN ARRANGED, and the preliminary papers signed, They will be submitted to the Board of Directors of the Coumpany on Wednesday for ap- proval.” Hewas asked what theterms were, but these he refused to give, ur to «lsclose any further information on the subject. Ile Insisted that the condition of affairs was not such aste warrant any further statement. An attempt was ,made to elicit somo Infor. mation from the President of the Ameri- can Company, but he could not be found, being absent from his oflice through- out business hours. The other officers of the Company who were in declared that they wore blissfully ignorant of everything con- nected with or bearing on the new deal. 3M, JAY GOULD - : was visited.” He was discovered at his of- fice, which was, however, closed against the intrusion of the inquisitive public in general, and reporters in particular. = Mr. Gould, © however, answered the question by means of a messen- ger, and returned word to his questioner that he fut no information toimpart.. When Mr. Gould knows nothing,he generally buries Himself in his office and fires his replics through a port-hole, MH. VANDERRILT, also, hat evidently ropented of his readiness to talk last night, for he stationed a footman at his door te receive the cards of the press representatives, He dd not de sire to be seen personally, for the rengon, no doubt, that the business of finishing up the deal was taking 9 good deal of hils spare time, and interruption might dis. concert him. ‘Che Directors of the several compantes who wore visited and seen either said that they did not know anything. or do- clined to ba interviewed, ‘Phe ‘reasons for this secresy on the part of the manngers of the companies have become apparent in the IMMENSE OPPORTUNITIES FOI STOCK-JOI- JING ‘that still remain to the parties to the azrex ment if the prevailing street-rumors wero anywhere near correct. According to these, the stock of the consolidated company {8 to fixed nt $80,000,000, and of this the Western Union stockholders are to receive ‘$59,000,000, the American Union stockholdl- ers $15,000,000, and the Atinntic & Pacific stockholders $7,000,000, ‘rhe present eapltul stuck uf the Western Union Telegraph Com- pany 18 $41,073,410, that of the Atlantic & ‘selfie Company is $24,000,000, and that of the American Union Company, as reported tw the Stock Exchange on Aug. 24 Inst, Is $10,000,000, besides which thu last-named company owns 5,776 shures of stock of the Douluton ‘Telegraph Company, of Cunnda. THK AMERICAN ComMANY was started by Juy Gould, apparently for no other purpose than to serve ns 8 lever with which to temporarily wantpulate the market for Western Union stock,” aud, ftnul- jy,. to force u dent of the char Bcter of that whieh ns just buen accomplished, Me was practically tha en- tire Company, from- beginning to end, In the : . ANTICLRS OF INCORPORATION two unknown names appeared with his, but even there hw figured ag the owner of the bulk of the nominal capltal of $1,000,000, He innneitiately formed himself Into a Construction Company, and gave himself a contract to construct the Hnes, While go un- goyed ho was Jnvolyed in continual litiga- tion with the Western Union Company, whieh had moro or less effect. oon the latter's stock, How much money he fieeced from the confiding public in this way will never be known, but It is ‘unquestionable that he squeezed several mill- fous tuto lila olrendy richly-Hned pockets, As suon as ho had constructed hia lines, and = they = were ready — for business, he setfto work and appoluted a Bonrd of Arbitration, Of the Board one + member wus selected by Mr, Gould, as the Yelegraph Company, another by Mr. Gould, BS the Construction Company, and a third by, those two combined, They at ones decided very unprojiulicedly that the plant was worth $15,000,000, und to pay for It $10,000,000 of stock ang 35,000,000 of bonds wore Issued. Good judges estimate that the bonds at par would lave amply covered the expendi tures incurred. It Is hardly necessary to udd that Mr, Gould fs the ownur of nearly all the stock, und in excliauge for this ho is now torecelve stock of the consolidation Company 4. quantity to help hoa fur, du the trond toward controlling individually the ENTE TELEQRAPT RUSINESS OF | THE COUNTRY, The Western Union magnntes, though over- reached by his cunning, have not been losers by his manipulations, ‘They. have been in a position, in regard to the stock market, of whieh they have taken full advantage, . She only viethiis to the deal have been the general public who ‘yye dropped their earniigs “into mar- Qins on shares, and the losses oof Many have been accordingly. heavy, ‘The present. movement tn telegraph stocks was begun In the latter partof November, by MA. Vanderbilt, who ran tha stock up from about par to 1044, to NANLE IM TO UNLOAD which he did, all the way down to 90, as he saw the preparatlons the rival line was making for a severe and protracted competl- Hon, Frou the stock was carried down sone EP points by Gould's’ short sales, ‘The apeeulative movement lay dormant for n few atays, but assumed activity by the sale of ous block of 20,000 shares on a similir option at73, ‘The street was mystliled ns to the pur- port of the transuetions, but speculators xenerally were indueed to put out heavy Ines of shorty. Fram this polnt the stock began to advance, and Inimense transactions Were the order ot the day, ‘Thore is little dotbt but that GOULD AND VANDERDIET have been acting In convert in the buying ovement, Although it 1s belleved that Gould isby far the largest buyer, as he nppenrs to have dictnted =the settlement of towlay, A weels azo the stock was selling in the neighborhood of 80, and ab this writing the stoek is quoted at 106, with blocks of 10,000 shares and thereabouts selling on the market, ‘Ihe stock was artificinily depressed at first sites on reportet sales’ owned fr. Vanderbilt nnd other membors of the Directory, and what these stories failed in Was accomplished by a large reduction of rates and reports of n determination on both sides to wago A RITTER WAR of compotition, When the price was sufil- clently low those in the secret begat to buy, wntll the consequent adyance alarmed the strecl, and then the consolidation touk place, ‘To-day the deatings reached 103,000 shares of Western Union, 14,000 shares of Atinntic & Paelfle ‘Telegraph, and 0,500 shares of Ameriean Union, ‘The market was very excited, Western Unloi fluctunted be tween 103 und 107, closing at 1003g@107; American Union fluctuated between s0t¢ and 4, closing nt 3 to 035%, and Atlantic & Pacltic fluctunted between 40}¢ and 4334, closing nt 4514@453¢, ING OF THE STOCKITOLDENS of the Atlantle & Pacitie Telegraph Com- pany has been called for Saturday, Fob. 6, to discuss an agreement for the sale of the franchises and property of the company to the Western Union Company. ‘Those Interested In tho movement of ‘tele- graph stocks, whether for investment or speculation, will naturally ask what will be the elfect of TUK VAST CONSOLIDATION. ‘Will {t not be the preliminary to 8 new oppo- sition Hue? In reference to this point prouilnent offictal of the Western Union sald to-day that another telegraph Ine in this country Is an impossibility, ‘The Ines now In operation cover all the principal highways, and, it is well known that lines constructed away from the rafiroad cost too much for maintenanes’ to enable them to yleld t profit, In regard to the earnings of the consolidation, ft was stated that there would be no dificulty in earning at Jenst 7 per cont on the entire capital of $80,- 000,000, without imposing onerous rates. Pealtes, Alr, Gould has always been in favor ofa MODERATE TAIIFF, and he has often iirmed that he would like no better business than to put the entire system ot this country on a uniform basts of 25 cents n message, ‘The naw cables are, it is understood, to be -yigorously pushed, as there Is business cnongh offering forall. Speculatively thls operation is one of the shrewdest and most successful that Mr. Gould has ever planned. He kept his seeret well, and Western Unton had ud- vanced some 15 per cent before it was sus- pected that he was UUYING TO CONTIOT. : In this state of things there have been some very heavy losses made, nnd Messrs. Gould and Vanderbilt, asstiming thelr stock to be marketable at present figures, have made tho principal gains, Too TRUY, To the Western Associated Press, New Yon, Jan, 12—(t seems that tho thousand and one rumouys relating to the consolidation of the Western Unlon and Anvrlean Unton ‘Velegraph Companies were not without foundation, "It 1s uflleinily an- nounced this afternoon that the terns of the consolidation have been agreed upon, but the particulars are not yet mada publi, Nothtug ts known go furasto theuffect which the consolidation will have on the American Union, but it is presumed that it will be al- Jowed to run down as the Atlantic & Pacltic jas, taking a secondary position to the, West- ern Unton in all ‘inatters. ‘Tho rates, of course, will be mufutatned, and the mercan- Ule pubhe will be obliged to suffer an ud- vanes of the taritf to all points, ‘There 13 CONSIDERAMLE INDIGNATION felt among the businessmen of this city over the consolidation, and {t 1 not iuprob- able that serlous steps will be taken to In duce the Government to tuke the telegraph business of the country fi hand ‘end pat an endto the present monopoly, A dispateh from Washington says that the tine is ripe for such 8 movement now, and that Je would meet with no opposition save from the lopby- {sta and members who aro in the pay of the Western Union. THE TEMG OF THE CONSOLIDATION between the Western Union and American’ Union ‘Lelegraph Companies have been agreed upon and tho preliminary papers signed, ‘The Eventng Post says of the unton of tho telegraph companies that a ramor has {t Ut new stock will bo fasued, Western Union stock xolng Into the. new company at par, Amortean at par, and Atlantia’ & Pneltic at £0, euch hy proper proportion, and that: the plan then will be to turn over the Company to the Government, : ‘ae “aRAvHIO” says? , Tho strevt was mystilled us to tho pure Port of tho tranvactlona, but upoculators kenerally wero Induced to put out heavy dines of shorts, From this polnt tho atovk began to advance, and iminense trunsnations wero tho onlor of tho day, ‘Thoro is Httle doubt but that Gould and Vanderbiit buve beens netlig {nm voucert fa tho buylng movement, ale though it fs belluved tmt Gould te by tar tho Jurgost buyer, as he appears to huyo dictited the sottiomont of to-day, Tho Arst seotton of the now Ameriean Unton cables will probably be lald fa May nest, and tae whole ystems will bo nished 0 November, Whatever fe the upshot uf tho amalgamation project of thy hand Ines here thoso new cables will er talnly be laid, a4 there tin dewand for maro wires to Europe, and the property will always be In request owing to the Increased demand for mere cable fucllittog, Tho old cable companics have olfured the projectors of the new cables overy {uducement to discontinue the work, ‘Tho cable stock fy uta promis: of 25 por cunt, — UNBOUGHT, THE CHAMREN OF CUMMENCK STILL UN> TRAMMELED LY THE NEW FIRM OF “ VANDERUIST & GOULD,” Byectal Diapateh to Ths Chteaga Tribune, New Yous, duu, 13.—At 9 meeting of the Board of ‘Trade and Transportation to-ny, the Executive Committes presented a report giving a résumd of the work of the Asauclation for the year, In It thoy say that, the year was one of very great prosperity, with larger Imports and exports than for any currespunding yperlod THE CHICAGO TRIBUNE: §n tho history Committes have been of the Nation, ‘yet tho think the prosperity would largely increased had “the rallrouts been compelled to — chargo Tensonable rates — of __ transportation, ns were contemplated In the act of 1850, which gives the ~— Legistuture the tight to ‘reduce. fares and freights where the —prottts. . ‘of. roads . shalt exveed 10 per eent aimunlly on the snin actu- ally expended in the constriction of roads, and have the raltronds dentt! with fairly and without tiserimiunation,® THE COMMITTEE ON HAItAOAD TRANSYORTA> 10; : followed with a long. report on tho, pres ent situation of the | railroad probe lem Inthe State + of New . York. After reiting the story of the work of the Hepburn Commitee, and charging that It fatled beenuse a mufority of the Senate had been elected In the rallrond -interest, and no DUI could pass without Mr. Vanderbilt's consent, they goon ty state thatn general sentinwnt has been aroused whieh will never rest until the reforms recommended by the Hepburn Committee are secured. As an Mtlitstration of the workings of the volley of the railroads, they cite sta- tisties, from which they deduce — the statement that “if, instead of watering te stock of these roads tn 1867 and 1808, Mr. Vanderbilt had reduced tho rates of transportation ton point which would have yielled 8 per cent net upon the then outstanding capital, tho public would, At tho present time, haye beet $75,000,000 aitTEn OFF, and $45,000,000 of stuck which cost. only the paper ant ink with which itwas printed, aud which. is now quoted nt $150 ber shara, would not’ be fit existence, and form a pretext for further tax- {ng the Industry and commerce of this Stale and country for all time to come.’ They say that’ a — hundred othor similar Instances might be given equally flagrant, “but this wlll serve to illustrate how the public wealth fs being concen- trated In a few hands by.a system of taxation, under the guise of. tolls or charges for transportation, compared with which tho tolls exucted by THE ROBBER BANONS OF TITER FRUDAT, AQES were petty, and between tho Justice of whieh it 1s hard to distinguish.” Further on the Committee accuse the rallronds of the grossest diserimination, and continues: In nddition to all this, for tho purpose of per+ potuating tho present system, which gives thom contral of tho industries of tho entire community, railroad mnanagers enter the fleld of politics and corrupt our cleetions, At tho Inst election the railroad tufluence made Itenle felt in imany Assembly distrivts, ro- sulting in soma cages in the dofent of honest and independent candidates, ond the olection of those who consented to be their creatures, It is freely stated in the public press that tho railroad interest intends to control the Senate of the United Stites, oa. it does thnt of this and othor States, and of tho eandidates men- toned for tho vacuncy from this State, soon to occur by tho expiration of the term of Senator Kernan, a majority aro , otose- ly aflitiated with tho ralirond interest. Itiswoll known that in this State, among tho candidates for the vacancy which will be created by the expiration of the term of Scnutor Kernan, FOUL ‘ arecloscly aMMated with tho rallrond Inter. ost Mr. Depew, Mr. Platt, Mr. Hoskins, and Mr, Pomeroy. ‘The only candidates at present prominently montionod who avem ‘to be froo from the control of the railroad infucnces, are Vice-President Wheeler and Mr. Rogers, of Buffalo, If there was ever a time whon the poople of thin Stnto should assert thomectyes’ upon this question, it ia tho present. We are told that a largo Domo- cratic aupport has heen secured for one of’ the four railroad ~— candidates, and that, atter tho first formal complimentury voto for a°, Democrat, thoy” will. wheel Into line and vote for a railrond Senator, -Thero ja danger that this plan will suceced. Railrond trensurios, awelled with tho honyy churyes for transportation that have ruled during this year, WILL FURNISH ARGUMENTS es to convinces the vena! clement in our Legista- ture, and only an emphatic and general dxpros- sion of opinion by the public can provent ‘tho carrying out of the proposed program. at The Committee approve tho, Reagan bull, with the addition of 5 Bonrd of Railroad Commission, and declare that the man to be elected Senntor should be free from all rail- roa afitiations and influences, “oy THE MACHINE, IT WILL SPLIT THE PARTY AGATN. Special Dispatch to The Chicago Tribune, W You, Jan, 12—The Senatorial fight at Albany: opened this morning with In- creased bitterness, ‘Tho flank — moye- nent executed ‘Inst night by the ma- ching managers adds fuel to the fire, and hus created an unusual fever among the pollticlans, Itis warm.dn all dircetions, with every indications of two Republican enuctses for Senator and: a prospect of the Democrats holding the balunce of pow- er between the Hepublicrn factions, ‘The minority of Democrats in tho Legislature are by the events suddenly becoming hnportant factors in the Senatorial contest. ‘That this movement should have been resorted to by the ninchine Js taken ag anadmission on thelr part thatn few days’ ennynsaing would fnjure the chance of that side, THE SNAP CAUCUS MOVE i fs sald to have ortginated with John F, Stith, and ts characteristic of hin, as he de- Nehts In such sharp practices, and in stirring up o tumult, Coming in advance of the announcement of the Conmittecs, itenables tho muchine managers to yse the positions on comimlttess as whips to drive the members” up te signing for the call and bulldoze them = inte =the —s:ma- chine, A majority of the Senate Cou- cus Committes. was in tho. Assombly Chamber last night, ready to mvet with the House Comnuittes at tho time fixed, but they were glvon no opportunity, the snap moye- ment boing sprang without any meeting of tho Assembly Commuittes, 1t 1s said that this has a . DECIDED THE ANTEMACHINE MEN not to recognize the machine eaucus, but to hold one of tholr own, ‘Sho question then arises, Tow many membors will attend the inaching caucns, and how many be bulldozed Into that meeting by tho promise of places. on Committees and post- tlonsof Doorkeepors and Clerks In the Assum- bly, Jtscoms to have now become: a neces: alty to holdtho Committees back until after that eaneus, G THY FIQNT MAB OPENED {n sien & manner that it will extend through the entire session, and make this Legislatura noted for its fuetional quarrels between Re publicans, with the chances that the Demo- ernts will hotd the balance of power in both houses, PREDICTIONS A8 ‘TO WHAT THE cAUCUS Wi ‘ri ILL DO, ‘Tho ‘fines’ Altiany spoelal says: At mld Might of the dey preceding the caucus the situation here fs somewhat ehunged since yesterday, but it Is still Impossible to predict who will be nominated United States Seun- tor In caucus, ‘Lhe caucus will be held, and; {¢ is now suttled that nll thes Republicans, the “machine” and “intiinachine? members of the Healsin- ture, will take part init, I¢"predictlons are Worth anything from the friends of the cars didates, Mr, Plate ts far head, for his many Criends say that he ts sure of sixty votes, Mr, Orowluy’s supporters say this bs ® boastful claim, and Mr. Crowley snys; “I expect to walt thls taht.” Until »after the Senate ‘caucus, At noon, the opposition to Crowley aud Platt jnulntained an appearance of cheerfulness If thoy dit not really feel It, and when spoken- to ubout the chances of{Depow, or Rogers, or Wheeler, nmuwered fn the ey iy MOST OMIPPER WAY 5 that they were all the race, and that ono nei Sarg tans i J THURSDAY, JANUATEY:: Ts, 18I—TWELVE PAGES, of them would yet attract to himsel: ‘att the dissatisned men and those whe al Jenst pretend that they could never. tbe reconelied with the detested “nacht,” While the indignation against the mefi it had forced the cattcns' was still perceptible durlig tho ‘afternoon, the report that ne signatures had been obtained did not: At all inerense the confidence of the wppost- tion. Phe lst Increased in length, anc it be- came apparent thatit: would ,soon miunber elghty-ono mombers af the Legislature, THE OPPOSITION, i seeing that neluar niajority of both Houses Would be ngalist thom, began to act as: If something.» must be dane to. make tho = most of =a. bad Job, ‘The scenes of the tate fight for the Speakership were -repeated on a larger scale, but were not immediately enrried to to final a concluston, Crowluy's friends were contident, but” not demonstrative. PlatVs nervous and confident, Depew's, Wheeler's, and Rogers’ reticent. An i ATIEMIT WAS MADE TO ITARMONIZI% but all attempts to secure a unton uno either Wheeler, Rogers, or Depow, ar Upon the coursa to obo * pursuell in? the = enucis were ‘The Depew. eanvass had, it-was naserted, broken up, and the pleees were revorted th be scattering, Ata Inte hour the friends of the diferent candtiates declare that they stand just as they did this morning, ani that tho contest must be settled by bal- lot. ‘The opposition will be without one grievance to-morrow. ‘The report again b came carrent to-night that an effort hh been made to * « CRECURE DEMOCATIC VOTES i for Mr. Depew. ‘Tho absurdity of thts plan, fn view of the fact that =a elenr imujority of “the Legislature hing called: -n caucus and fs pt In honor to stand by the call, as Republican: is enotigh without denial on the part of M Depow’s friends to set the story at rest. : LATER, . A canvass just made by Mr. Piatt’s friends shows seventy-six votes for him on the first roll-call, -Eneh momber of the caucus is to Announce openly his vote, \ wna ere THE MONBY. 4 TALES TOLD UY EXAMINING ITS TRAIL. Speeiat Dispateh to The Chicago Tribune, New Yon, dau. 12.—The Public says: The new year opens with Inrge exchanges,— | at New York the largest ever known, and outside of New York the largest on record, unless It be'for the first week of December. ‘The lnertase In comparison with the extrnor- inary transactions of Inst January: is not very equally distributed, and New Orleans and Cleveland show a decrense, while the gun at some other polntsis small. ‘Chis clty and Chico tre closo rivalsin large inereaso of transactions, but the exclinnges probably originating’ In sales of = stock wera Not far from’ $40,000,000 Inst week, and the remaining exchanges, though the largest on Tecord, at 8780,000,000, nre only 05 per cent in excess of those of the corresponding week Inst year, nfter similar reductions, ‘TNE CHICAGO DUBINESS, lnrge as it's; looks small in comparison with that of the''first week in December, when $01,000,000 vas the amount of exchanges, In- deed, Philadetphia ts the only elty at which the exchanges of that week are grently sur- passed. The following Includes, ‘na: usual, tho exchanges at San Franciyco for the week ending Jan,,1, with thoso at other; citles for the week ending Jan, . Citles. .. Per cent. md ry 0 5,708,763 0. ING13.700 5 THOI5H XO B86, 000, 203,000 Pittsburw FMS GS E83, 056 Providenco.. ..,, 4600000, . 4,080,700". a Knusar City rat 0005 “SR EIU 2U0 i pgs Indhunnpoll Sm By Clovetnnd, + BARBY RIWWUT Now Have 1403675 TNT BL Byracuse, ‘S20, ‘G20,8H5 e Lowell, ‘ 620,678 $3788 18.9) +$1,406,114,770 $908,778, 7353 0 nie “MO2508) "251, 0K ATS Beta THE TRADE RETURNS) 9", for tho new year have not -yet taken such definit shape'ns to alford much indication of the course of Wusiness, and the returns from tho Clearing-Huuses here given are largely alfected by the 'now-year payments. These Appenr to have been larger than oyer before at most of the commercial cities, though tho comparison ts the less satisfactory because a considerable part of such payments wera completed inst! year durlug the week ending Jan. 8. Such iidleations as may already be drawn from accounts of business In differ- ent cities since the new year began are ON TIE WHOL FAVORANLE. In this city the volume of business Js large for the season, thongh there ts natleeably legs confidence In nu advance of priees, An inereased demand for export appenra In pro- vislons, and in cotton, and at times in bread: stuifs, but not {ti petroleum. Operations in dry goods lave been small, but preparations are bolng matte for a large spring trade, through 2 comparative absence of specue Intive feeling, and denters are sald to be dis- posed to net maya cautiously than they dil Inst year, Tho exportutions of breddstutfs, and especially at corn, were larger than at thia time Inst year, and without Indleation of improvement In. prices, A comparison of production with the exports this far and the estimated demand abrond ¢ovs not tend to cuvourage business for speculation, WALL STREET, THE TRLEGRAPI BITATER, Speciat Wapateh to The Chicago Tribune New Yonk, dan, 12—The stock market opened firm, but’ afterwards became weak and prices declined & te 334 per cent, while shortly after midday alirmer feuting sot in, and there was a récovery of Xf to UY per cent. Outside ofthe general Mat there were sonia witefluctuationsinthe telegraph shares aud Jteading, all of which were buuyaut. In the enrly dealings Western Union rosa to 104, and, after varied fluctuations, went to 107,. In tho atterttoon tho other telegrapli stocks also advanced Insympathy with Wost- erm Union. Uulon -Paciile, Central Pacitic, the Vandorbilts, the Grangers, and the cual shures also shared in the advance, After the first call this morning . ,. A SMART BELLING MOVEMENT carried the general market dawn 4@. Tho largest trating was in the tolegraph stocks, the gVandorbitts,; Erle, Packic Mull, the Hannibals, Canada southern, the Ohio's and In the coal stucks,, New York Elovated was atrong, nnd rose to 1253f, Canada Southern was strong; and maintained the improvenwnt. of the morning. .;‘lowards noon there was a steady “Improvement. of 1@1¥ in the active . list, but’ the market was gulet, with lessnniimation. Reading was stronger, and rose te wcash, This stock Ig scarce for dellyery, and conmuands a cunsid- orable promiun for the use, WESTERN UNION Tose to 10434, On the second enll this after noon the market was irregular, Western ‘Onion further advanced to 10034, Reading to 634, American Union Telegraph to 3, At lantic & Paelflo- to. 443%, and - Ohito tu 41, Union Pacifla rose to 1193¢, but the remaloder of the list was aulet, without much animation, “Lhe Vanderbilt. ‘stocks wers dull and easjor and. the cual stocks nyglectol. American Union subsequuntly reached to 014 and Western Union to 10594, but afterwards sold at 10034. Latoin the duy stocks continued active and byoyant, THEUE WAS AN EN! uistous AMOUNT OF BUS- in railroad bonds, and the coursyof prices was unusually frregular, The Columbus, Chi- eugo & Indiana Central incomes attracted dost uttention agli, and rose froin TLY to ‘74, fell off to 73, and recovered tu 73%. ‘The Texas Paciile bonds figured prominently In tho, enlings, and ‘rose to 753{ for the Incomes and =oE for the Rio Graixte firsts, ‘The Iron Mountaln first an adgontd incomes ware also conspicuous, A tha ft her dvelining from Yt to 932%, and’ ad- 1] Nails) fo.041g, while tho Intter rose from 78 jo of, nnd sinter sold at WY@BH. In- lmunnelis, Bloomington & Western eons sold, up froth 7g to TYg, and . droppe to staNF CSiansad nouns santa declined under heavy sates from ‘7% WG Uhesnpeake & Ohlo, Class B, de- clinedrthin 4 to 8, while’ its curroney 0s ‘hetincelt trofi 60g to St.” Erle now sccond WUridold Were detlva at OLZ@IOI@IOY, At tha'¥st ule second call of Ot A git NEW YOU MINING BOARD “Today Moose declined to 140,.,Alto Mone fatin tt? 1h, Climax to 45, Consolidated Vir- xinis told, Arte to 48, and Cherokee to 160. At'tho iS, three calls of the Amertean Mbithé'Bonkd Ruston Consolidated advanced to 8, 'ORHfoniln to 150, and Union Consoll- dase sie Bodla declined to & aud Silver sugger gg With PRODUCE, * Worl WHEAT. Sew! Dispateh ta The Usteago Tribunse New! ¥oitk, Jan, 12--A comparatively tame niovéntent reported In whiter whent, aven on'hpéciilative necount, and prices, after opening rathtr more firmly, soon weakened again, redellitig through the afternoon about 34@M% cefté ‘2 bushel on freer’ ulferings, Western réports were of unsettled markets towards thu closo of business. Cable advices of rathor unfavorable tenor. An unusually moderate export business has been reported, cheekedt in part by the continued hardening tondency of oeean freights, Spring wheat’ attracted comparatively Httle attention and closed heavily, Sates of No, 1 red at $1.24, closing ut $1.24; No. 2 red nt §1.184@1.19, closing at $1.1834 for boat loads; do January at $1.18%¢ @1,10, etosing at $1.183¢ asked; do February Ht $1,104@1.20, closing at $1,104¢; do March at $1.205¢@1.2154, closing nt $1,203{; do May at SL21@1.9157, closing at $11 bid; No.2 red nt $1.159¢; No, 8 red, steamer grade, at $1.073¢; ungraded red at $L.13@1L24y, 23 to quality; No, 8 Chicago spring in ‘store at $1.143¢ for export; Now Yorke No, 2 spring at $1.15; wnaraced spring (called No. 8) at , $1,083 rejected spring at 99¢@$1.00, CORN, OATS, RYE, AND BARLEY, , Corn again ‘lightly denlt.in asa rule, and quoted somewhat unsettle, new crop pro- ducts showing a further decline of about 4@ ‘yf centa bushel, leaving off weak. Sales‘of suulxed Western ungrated at 533¢@57 cents, ' .fis to quality; No, 3, 633Z@54 cents; New York’ steamer mixed, 544@51% cents, chietly at HA@H% cents, closing nt SHY cents bid; New York steamer yellow at 55 cznts, Onts less sought after, opsning x trifle dearer, but, ag offered with inoseased urgen- cy Inter on, have been again quoted weak, and tn Instances a shade lower, ‘Sales of white Western ungraded at H@I1S cents, a8 to quallty; mixed do at 42@41 cents; white State nt 483{@50 cunts; mixod State nominal; No, 2 Chicago quoted at 444 cunts, Ryo wanted for shipment. at a shade stronger prices, Sales of State In store at $1.00, and afloat at $1.01, Burley quiet, Canada held with a fair show of contidence, , State product quoted wenk. OTHER pRopucts, Provistons—Ilog protducts have been fairly active nnd quoted generally higher. West- ern mess pork In moderate request for early delivery, quoted nt $12,75@13,00 for old: and Ji tho opttion line again very quiet, with Februnry options closing at $14.00 bid and $14.25 asked; March at $14.00 bid and $14.20 asked; April at $14,00 bid and’ $14,20 asked; Muy at $14.10 bid and $14.25 asked, Bacon wanted at full: rates, with long clear quoted at 79¢@7 7-16 cents, and short clear at 27,80, “Sale of 40 boxes ‘short clear. at $7.00, Western steam lard has been moderately notive-fbé early delivery stan advance, clos- Ing at: $9.85, and in the option line a fnlr business .has. been reported at an improvemont of S¢@7¥c, with January op- tlons closing at $9.20; February at $0.23%@ 4253 March nt $0.00@9323¢; . April at 4@ 0.40; May at $945. Yenr options ‘at $9.17}¢. Sales have been reported of 500 tes January at $9.173¢@9.20; 4,500 tes February at $U1T}@@225; 5,500 «tes March nt SU.2TK@OIG ;. 2,050 tes April at $0,85@9.40, ‘Tallow in fatr demand and firm, and sales noted at b@0%e, tho latter for prime. ‘Sugars—Kaw vory dull, bué quoted firm, closing at 7 11-10@7J¢0 for falr to good refin- ing museovado, Sates untmportant, Refined in demand, with out loaf closing at 91¢@10e, Freights—A generally hardening tendency reported, with'an increased call for early necommodations, especially-In tho way of berth freights, and mostly from the bread- stuffs, provisions, and cotton Interests, Liver- pool engngements reported by steam: Flour At 2s@2s Gd, mostly through freight and fore ward shipment, and by outport steamers as low ns 28, Grain at the advanceit rate of 74a, Wheat at 7, Equal to 700 tons pro- visionsat 23s 1l@353(mainly through frelght), and by, outport steamers a3 low us 23s 0d Gay FROM POWER TO POVERTY. DEAT IC OF A MARCIIONESS IN A NEW YORIC U GAKKET. Speelat Duapatch to The Chicago Tribune. New York, Jan. 12—In the garret of a miserable Wooster street tenoment-house, devold alike of comfort and tho plainest necessitrles of life, a policuman yeater day morniig found the dead body a woman, who, milserap{e as was her death, could, never tholess, rightfully lay claim to one of tha proudest titles of Fronch nobility, though {ts glory had Jong’ since faded. Ida Mar- querlté do Agremont Frostly, described tn the polido report and Coroner’s notes ns poddier, 53 years of nge, and wife of August de Agtemont, at present a poor, halt-witted newspiver carrier, who in hls youth con- signed: himself te yoluntary — exile, and upon his adoption to cltizen- ship In a Republic resigned “his title of Matjuls de Agremont, Inherited from a long siteession of nucestors whose place under" tho ancient réghuo‘of the Louls, was one of thiluence aud power. Onco possessed of moré than half a million of franes, he is now tod poor aven to bury the body of the deceasél partner of his.toll and degradation. ‘The couple have been fn this country twenty years, jud' have lately been Ilving apart, ow- Ing to frequent quarrel¥ while they wore to- gother. ‘Tho ld of thg tual-stove in the wom- an’s sooth was olf, qhil tho windows tightly elosed, so that she man have committed sul- clde by suffocation, but the autopsy showed traces of! disease, wij{eh may. have caused death, 5, ae STANLEYUUNTLEY. UK I KONCED FO BROOME FAMOUS, Speciattnspaten to The Unteaga Tribune, Baw Yon, Jan, 18:—The paper that pub- shed the forged "GHinese Ietter threatens to publish toditow 9 sketch of Stanley Iluntley;"" avowedly for the purpose of fate yg upon him the gullt of that produ that played so conspicuous 9 part.ju fibtats election, Your correspondent viéited Huntley at hid home tos night, und aske Win ‘to | Jake a statemunt, ne pikeixty HoING 89, bat, upon solic}tation, Hild ‘that ult attempts to fasten the nj ttt gyn hint wore prompted by puroly nyallgfouy,,niotives on the part of those who .bnre championing the cause of theteanvitted parties; that he absolutely know ‘Mothing of the letter; that ho belived AB to be genuine when ho first heard '9f.it;Umt he had nothing to do with It, or duy:othiP forged productions, and that any suéjebtatlinents were unquallfedly falsa; that ho never know B,'H, Hadley; thathe 2 jae NEVAR SAW JOUN POPE MODNETT in his He; and that Stilson Jlutchins’ con- hectlon with the cise lad no further founda: tion than that ho (lutchins) had written lotters asking lm to do Iterary work for his paper, the Washington Poat. Hiuntiey furthor sald that Jayne, the alleged detective, had’ recently Inbored with him three hours, begélng lim to confess that he wrote the letter, qrauing tint tt would help his (dnyno's)' cause in working upthe case, ‘Chis, of course, he re- fusdd to do, as ho lind nothing to céntess. | DWIGHT K, BARTLETT, ls DEATH, New Yont, Jan. 12.—Tho Rev. Dwight K. Bartlett, pastor of the Sceont Dutel Ke- formed Church of Albany, died (of -ncute plourlsy at a hotel in this clty yesterday, Ilo had come here for stirgleal advice, and was trented by Dr. Eisberg, Bartlett had a dim. éulty in swallowing for about a year and a half, Elsberg last Saturday took. an eso- phagean probe, a little, smooth tvory ball, nlf an inch thick at the widest part, on the end of a curved steel wire, and passed It down tho esopliagus ton polut where the diftculty In swallowing was oxperienced, The proba touched the obstruction and, with a pressure, ensily passed it, Elsberg thou withdrow the tube, oud Bartlett sald hoe felt better, but ten minutes.after ho began to complain of a groin pnin In the rightside, He re- malned In the doctor’s office two hours. At the end of that time his neck and the side of his face began to swell, Elsberg says tho awelling slowed the passage of alr under the skin, Other physlclans were soon called in, Dut the patient began to fail: Monday night, and dolirium set in, which Inated until ho dicd yesterday. When Bartlett artived in the city he appeared to be a hale and henty man, who had a good volce, and used ft with- out diMeulty, Ho was to have preached in New Jersey Inst Sunday, . The body will. be taken to Albany, for Interment at Pough- keepsie. Bartlott was born in Onelda County, was 48 years age, graduated at Unlon Col- ecge, stirdied theology at Princeton, and was fora time paster of a church at- Rochester. He was to have performed 9 marriage in this elty yestesday, A STRONG PULL. END OF A PECULLAI CASE, Spectat Dispatch to The Olteag Tribune New Yor, Jan, 12—Mrs.- Hannah C. Taitonte Mves_ nat No, 215 Monroe street,, On Sept, 23, 1878, Miss Bridget Fay tried to ring Mr. Taltunte’s frout-door bell. Sho pulled hard, thé bell-wire broke, aud SMiss Fay fell down the steps and struck hur head upon the pavement; her wrist was dislocated, and her head and body were bruised. Ina sult which Miss Fay brought against Mrs, Taltonte in the Court of Common Pleas she laid her dam- ages at $10,000, In allowlng the bell-wire to remnin in such a condition that it was caslly broken, it was clalined that Mrs, ‘Taitonte had disregarded 9 duty which she owed to Miss Fay. Judge Van Hoesen, in the cham- bers of the Courtof Common Pleas; yestor- day sustained a demurrer to the complatnt, and gave judgment for the defendant, Judge Van Hoesen says, that while tho ‘platntitt, Miss Fay, alleges that Mrs. Taltonte owed to her the duty of keeping the bell-wire in Rood condition, she states no facts to show that she owed that duty, - WORLD’S FAIR, NO QUARRELS YESTERDAY, New Youu, Jun. 12—The World's Fair Commission decided to-day that alternates should have the right to participate in the discussion, but not to vote except in the ab- sence of tho Comiisstoncr, Committee was appointed, Kx-Mayor Coop- er tendered his resignation, and it was unan- {mously accepted, Cornelius Vanderbilt was elected to fill the vacancy, On motion of Mr, Hayward, of Nebraska, a resolution way, adopted directing the Executive Committee to furnish all of tho non-resident Cominis- sloners with a fall, clear, mid comprehensive report of what has been done. by the Com- mission, and the work thoy expected to do, together with the map and description of the proposed site, with view af having the aub.: Ject Intd before various Legislatures now in- ession. . ‘Tho Committes on Permanent Organiza- tlon desiring furthor tinie to make a report, & Tecoss was taken, AT THE AFTENNOON SFS8I0N & communication was recelved from the American Agricultural Association, tender- ing assistance, pecuniary and otherwise, to the Commlssion,: Brief addressus were mado by George A. Baker, of Ohlo, and B.S. Bev- lor, of Kentucky, throwing out suggestions forconsideration of the Executive Committec, Mr. evier contended that the squabbllnc and dissenslon amounted to nothing, and pre- dicted that tho differences would be recon- celled. ITEMS. BRICKLAYERS' UNION, New Yon, Jan, 12.—At the Convention of tho Bricklayers’ National Union to-lay the following officers wero elected fur the ensu- ing year: President, Edward J. O'Rourke, Brooklyn; Vice-President, Leonard Crane, Nowark, N. J.3 Secretary and ‘Treasurer, Lewis Carpenter, Cincinnat!, ‘Tho next meeting will be held at Buifalo the second Monday-tu January, 1832, GENKVIEVE WAUD, In court to-day, Judgo ‘'runx ordered The- odore Thomes ant Lester Walluck to with- draw the play of “ Forgut-Me-Not ” from the stage of Woalluck’s ‘Theatre after Friday ovening, | . ON THE GROUND oF Insanrfy, Mrs. Mary O'Connor, who killed three of her chilitren in Jersoy City last summer, ling just been ucquitted, on the ground of In- sanity, STRERT-OAR PASRENGEN INJUNED, A Harlem frolght-car and a ‘Third ayenua pnssenger-car cnina fn collision othe Bow- ory to-day. ‘The car.was wrecked and all tho passengers more or less injured, A CHAMPIONSILY WIESTLE, ‘Tho Greco-Roman wrestling match tor the champlonship of the world, between Mul- doon and Whistler, takes place in this city Jun, W, : 31185, ADA OAVENDIBIT, Miss Ada Caveilish was attacked with pnoumontn at Nushville, Tenn, ten daysago, She disbanded hor traveling dramatle co pany and returned to this city, where she is now. ” STERLR MACKAYE'a LAWSUIT, Steclo Mucknye ling just brought suit aegninst Mr, Mallory, proprictor of tho Mad- {gon Squara Theatre, ta‘ show hls rights In “Hazel Kirke” and the double stage patent, GAMKS IN THK OOL tournament to-day resulted as follows: G. E, Wahlstrom defeated Joseph King; score, Utos, Albert Frey defeated ©, Schacfor; score, 11 to 8& Samuel i, Knight defeated Albort Lambort; score, 11 tou, Albert Froy defeated Jake Sclinefer; score, 11 to 5, ————— NEW BUILDING CORPORATION, Hptctat Dispatch'to The Chicasa Tribune, Srunarie.y, IL, Janu, 13.—The Scerctary of Stuto to-day issued a lcense to organize ty the Building, Loan & Homestead Assoclae tlon of the Sixth Ward, Chicago, Capital, $300,000, ‘The corporntora are James Lusk, Frank Nowak, Anton Kanah, and others, ————— LOUISVILLE BOARD OF TRADE. Lovigvin.e, Ky. Jan, 12—The Board of Directors of tha Loulsville Board of Trade held a meeting to-day to organize for the year, John B, MeFarran was retlected Pres- ident; William E. Robinson, John E. Green, . W. Atherton, Hl. Verhotf, Jr, aut John Watts Kearney, Vice-Presidents.” J. EL. Lin- denbergur was redlected ‘Treasurer, and J, M. Wright Superintendent, 4 a & Romance of British High Life, Many yearsagouyouny man tiado bis appear ance in Bieutura, und passed u fow weeks ut the Wuvern which thon existed to utford shelter fo Btaae-couch travelers, Whuuce be came, and A Finnnco’ q by what was hia business, none could xuer, reotly pporit the tavorn stood the arnat tnge and forge of A blacksmith named pyc Ho had a daughter who was tho beauty! village, and it anion fortune to captiyn heart oF tha youd ether, tte ton We Ng auld be was trivoltog dncvugs tit, in eaten wavo her hin reat nntno; snging that he wii B ton large fortune. Bhe returned his love, thoy woro murriedt & fow weeks after A stringer fol his wife hp Must Visit Now tennis. Ho did 80, nud tlie ‘gossips of the inado the young yJte Ube Dy Uy disaxreegt hinte and Jeers, Dia few months the bushes returned: Gut before aWeok: had eluted gee celved a largo buduct of letters, und told hieg that he rout at onco rotuen to england, ANd ny Palo, He tuo’ hiscdeprrture, aud the al another glorious opportunity tomaken ed ie filing woman wretched. Vo alt but here? ‘was it clone utse of desertion, ‘Tho w: ° A mothor, und for two, yours ived on tin sig and hope, He tho end ofthat tine n tetter ¥; recelved by tho Stratford beittity: froin her ye! bond, directing her to go nt onee to Now yo sith ber child, twine nant, with toe hut clothes she wore, and embark in a ahip Tor hy in Engtand. On her arrival in New York oe found a vessel splendidly furntabed with, eter convenience and tuxury for hor comfort, two servants rendy ta obey every wlah that ty might oxpresa, Tho ship duly ‘arrived In Bs gid gland, and tho Stratford girl beeama Inistressy Amunsion, and, isthe wifoof « Tnronet, wy ome sntutod by the aristocency as Lady Samuel gig ling. On tho death of her husband, TAUDy yeay, nyo, tho Stratford boy succeeded to the t! tle ast wealth of bis father; and In the last edition y “Pecrnye and Haronetuge.” he ta spoken of. the Issue of “ Miss Folsoin, of Strat! ‘ord, Non, America.” : 77 EF 5225: ES 2 ‘THE INDIANS. ‘The Remainder of Gatis Band gon rondor—Sitting-Eull to Bo Capture i or Drivon Across tho Line—Denth gf a Captured Squaw, Apecat Dtapateh to The Cateago Tribune, St. Paut, Minn, Jan, 1—Tho fultow! ailvices have just been received from Fox Buford: " A ‘Tho Indians who escnped from Ma). Lire, In tho fight of the 2d ingt., mevtlig with ig Tathor chilllug reception nt tho tinny: of Sitting-Bull, returned — to Poply River and surrendered, The surrender compels the caplinintion of Galty entire band. ‘Tho fact that thoy got the gran Fa bounce from Sitting-Bulls camp appeay . a favorable Indication of the old man’s Intern i tion to surrouder; and yot betting would ty about oven on this question, While no nctiy measures are in progress as far as can learned, still tho presence of a large body gf 4 troopsin theficld sufiicientin numbers to coy with Sitting-Bulls: and bring him to temy within two days’ imarch of his cany would of itself render further prepa ratlon necessiry. Whatever Sitting-Bully intention may be, the Government fs pre pared for any contingency, and will, If by (Sitting-Bull) does not come to terms, com pot lilm to surrender, or drive him across thy line, * The fnfantry at Poplar: River, excenthy the detachinent of seventy, are mounted, and, should Sitting-Bull attempt to cross th Mine, Muj. Iges would be able to gin him os warm. chase, and, — destituy of means of transportation and incumberel ag Sitting-Bull ls, would probably catch hin, Such an event will hardly occur, Sitting Bull got the cold shoulder in Canada, and was In fact commended by. Canndiay ofieials'do come to the United States and surrender, About 2,000 of his people ate already surrendered, and, «deserted by hi followers, with only a few faithful friend that still stick by him, Sltting-Bull, the once haughty Chiof of a haughty i tion finds himself driven to extremitles, and finds that there fs hardly a choly loft’ On tho other ‘hand, though Sitting-Bull -'may* be Inetined to surrender, the young men of lis band may meet hls Inclination with opposition, ol the authorities, growing tired of this Ne procrastination, proceed .by force to Py subjugate him. Should such a contingency occur, and, withthe dissensions between ta i better-disposed portion of Sitting-Bull’s band and those inclined to fight, x result sliaitarte the latecapture of Chict Gall may bo expected. It Hilitt be donate that Gall and his band would be in “a despondent mood. resulting & frome the captivity, but such is not the ense, L had an opportunity to vist thelr camp to-day, ond found then & all in high spirits. Gall, especially, enfoss hiinself, and struts around as proud asa pencooks Thirteen lodges are erected on ank of tho Missourl, and the reinale der of the Indians are quartered In a large storehouse. Large cooking-stoves are ranged on one side of the building, and are evidently regarded by the captives with disgust, On their arrival here ludicrous at tempts to build: fires In the ovens were inade he squaws, and nothing will induce them to keep the Hds.on the steves, it being appar ently necessary for the Indlans to- sea the fire 'in order to feel the lent, A squat died since ‘their arrival, and was elevated § the top of fn argo cottonwood treo directly across the river, ‘The body was) pluced in a box with food and all tho choicest trinkets, and ig now earefully guarded, o squaw ieeping waten night and day. ‘Ihe ‘usual howling and pounding of thy tom-tom are of curs Indulged In, * ———___ STEAMSHIP NEWS. New Yor, Jan, 12—Arriyed, the Wyo ming, from Liverpool. Souruamrroy, Jan, Rhein, from New York. . Lonnox, Jan, 14—The Utopla and Rhels, from Now York, have arrived out, New York, Jan, 12.—Arrlyed, tho Clrear sla from Glasgow, —————— DISAPPEARANCE OF AN INSANE WOMAN, CLEVELAND, Jan, 13.—An unknown insane woman is reported as leaving a western bound train at Elyria, She had o ticket to Fort Scott over the Cleveland, Columbus, Clneinnati & Indianapolls route and Lake Shore Rond, IMerbaggage-checks wero Nos 4,075 and 7,555, Ko SERIOUSLY ILL, Spectat Dispatch to The Chicago Tribune. Broosnaton, I, Jan. —Gen, Asahel Gridley, of this elty, who has been very ill for some weeks, Is not expected to live. He is ong of tho most highly respected, wealllt . lest, and vegt-known nen of Central [ino a - DROPPED DEAD ON THE STREET. Dernorr, Mich, dau, 12—An old maa named Oliver Jarralt, a carpentor, dropped dead'on tho street this morning, ¥ ————— 13.—Arrived, the Lawless Condition of Now Mexico. New York Vines, ‘Tho rocont atrocious murders iu tho Territory of New Moxico, and tho announcement that Itt Governor 18 obliged to axk for the codpuration of United States troops for tho suppreasion of Jawlesness, asain drawa public uttention to that remote portion of the country, Heretofore It hea been left very much to tuke cure of its! and to the outside World the troubles, riots, wu killugs among the mongrel Spanish und Aimer foun tapableunes have been regurded ay of [ttle fecount. [ut better menus of communication bug hited ta all thls, ane fact that tama fortunes have been mady fn tho Territory it vomparitively short tue, aud that Jts annual erop of woul “would hourly bay tho interest oo tho Nuvional dobt, tus mado it particularly ate tractive to speculators and ndyenturoua men it al parta of the Union, and during tho past yeat or two they have viaited it in lirge numbers ‘Thoy ali uiiltein reporting that the richnussot 1bo country In cattle, sheep, and cattlveralsins lands Tar oxceuds thelr most sungulne expect Hons, Bit, unfortunutely for the man who gues into the business of herding or shoep-furiiiiit More scons tobe nn obligation to dogo with the Full unlerstanding that the ‘Texas herdsntd, who bus predinptod inuch of the new lund, never ete hiv own beef unless be docs so na uu i vited mucat at some other berdsman’s table. othor words, it muy be stutud that the Territory fw Infested by a set of Uesperudaos and cute throats known us cowboys, who soem to comm 4 the ihost dusperate critnes quite ug much fof unusouent us furuny hope of gain, ‘These me are the terror of the Torritory, and by keel play burd- working, law-ablding people and eaul one capitallsts away, very seriously retard tT progress, Uf Gov, Wallace's trip to Washingtot Feaults in somo understanding by wblet this evil nay bu déne awny with, or ut Joust held In samme sort of obovk, the pcople who are most Inwrevie fn New Blexlco sou to bave every eeasul 12 hope that a new ora of rapid growth and pros perity will come to the Territury, Making Highways of Ice. Alay Clty Mich.) Press. ‘To one not fuiuliut with the spuctaclo, it looks quite novel to seo 4 long white road of tee win dug ite length througo the woods, throug, alu: 4 toga, over and around hills wud across plalus, OF elthor side of whioh there fa not # partlcle tH snow to whiten the varth. Many such roe have beon tormed in tho woods thy aeeyy wted ter, aud over thei wreat loads have been haul 4 by siugle teats. These roads ure renewed aa y the sprinkling cart Lelug put on at night, a! the day's bawling bus been uscuinplishud,

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