Chicago Daily Tribune Newspaper, May 15, 1881, Page 10

a po] REAL ESTATE AND LOANS. -GEO.M. BOGUE, AL ISTATE AGEACY 'ROOM § REAPER BLOCK, "No. g7 Clark-st., Chicago. ission, U manasoment P1 3perts hought and sold on comy Special wttenton given Lo the care 2 of Real Bstzte. $ ‘Taxes paid ang Bentx collec: Interests of non-residents c: . S.H. Kerfoot & Co,, -~ REAL BSTATR BROKERS, 91 Dearborn-st. efally looked after. Einco 1552 we have been engaged In'the Rogular REAL ESTATE AGENCY 1n tee City of Chicay ind have atzll times for sale SIRE m(%’l{l‘l‘h 2 SOLICITED. F.A.BRAGG & CO. Real Estate Loans. , g5 Washington-st. . J. GOODRICH, 51 MAJOE BLOCK, 145 LA SALLE.ST. ‘Real Estate. . First-class Buslness, Rosidence. Mannfacturing, and Acro Property represeniod. : 'l'h';l) n!m’:tefluynul capital seekinginvestment solicited Expert In Real Estate Valgauons. HONEY T0-LOAN On Chicago Real Estate in sums of $1,000 o $100,000, at lowest rates. HENRY WALLER, JR., 97 Dearborn-st. JONEY 10 LOAN 'On Real Estate, in amounts to suit, at Six cent. A Special Fund to Loan without commis- sions or charge for examination of abstract. WM. V. JACOBS; Portland Block, 109 Dearbomn-st. "GRIFFIN & DWIGHT, e WEST SIDE Real Estate and Loan Brokers, Cor. Washington and Halsted-sts. HUTCHINSON BROS,, " REAL ESTATE DEALERS LOAN BROKERS, 110 Dearborn-st., Room 15, Chicago, E. S. DREYER & CO,, BANKERS, LOANS AND REAL ESTATE, 88 Washington-st., Chicago. BAIRD & BRADLEY, Loan, Real Eoate, & Renting Ageney, No. go La Salle-st. FRANCIS B. PEABODY & CO. L0ANS UPON REAL ESTATE, Interest rate. G per cent. AGENTS.YOR SALE OF REAL ESTATE. 174 Dearbom-st. Tho Chicago Real Estalo Exchangs, 116 & 118 Dearborn-St. W. K. Nixon, Iteal Estate, President. Chandler & Baskers, Tro d Trus .. Mortgage ers, tees. ‘Wiiliam A, Butters, Manazer and Auctioncer. Bargains for buyers. Quick sales for sellers. ---THE APPLETON CASE. - o the Editor of The Chicago Tribune. Cricaco, May 14.—In your edition of Sun- . day last you had an account of the action of & Committee of the Bar .Association in the matter in dispute between Mr. Samuel Ap- pleton and Mr. George R. H. Hughes. I have represented Mr. Appleton in the matter. Some months since I made, on behalf of Mr. Appleton, the followinig propositions to the attorney of Mr, Hughes: First—PIIFMr. Hughes would file a bill - In court for an accountinz against Mr. Ap- pleton,—in which the whole matter in dis- pute between the parties wight have been passed upon by the Court,—Mr. Appleton would secure to Mr. Hughes in _advance may decree he might obtaiu acainst him. Second, that if Mr. Hughes would submit the mat- ter to arbitration Mr. Appleton would secure in advance any findine the arbitrators might arrive at against him. . Both of these propositions Mr. Hughes de- clined. In behalf of Mr. Appleton I then filed 2 Dbill for an accounting against Mr. nufihes in the Superior Court, under which bill Iamready to pay to the Receiver who may be appointed by the Court, under the bill, the .money in questicn,—until the Court_decides ‘what portion of the same belongs to Mr. Ap- pleton for taxes paid and other expenses in- curred in_behulf of Mr. Hughes,—and to walig_m the balance of e money should be D'! ‘was convinced that under these circum- stances and othiers showine the authority of Mr. Appleton to make the sale in question that no report could be made against Mr. Avpleton, and so informed him. I was so convinced of this that I made no argument in his behalf before the Committee. desire to assure you, and through you your readers, that in this case, as in all oth- ers, there are indeed two sides, as will be shown when the atter is passed upon by a court of competent jurisdiction. Yourstraly, CoanLes M, HAroy, 4 ‘. THE PALACE. Evldences of success are daily manifesting themselves in our midst, and yesterday we had another one. Again, on State street, Harvéy Brotlers opened their new, enlarged store, which In symmetry and taste of fitting is .2 marvel of perfection. It has a grand trontage entirely of glass, some of the largest In the city, and across the top are panels of guaintest design, painted by hand in oil and on- old gold,—a novel idea, for which this frm is noted. ‘The fronsis cherry, and the inside is all very conveniently arranged in obloug _shape, with cherry tables and ures. The gas-fixtures are of latest designs. Bat, with all the elegance of the store, the stock far surpasses it all, and, for durability of texture, harmony ot color, perfect work- menship and style, is unequaled, even by most artistic custom-tailors. \We congratu- late our friends on their enterprise, and feel them deserving of unbounded success and of all the patronage and encouragement fromn our citizens, not ouly on account of their en- terprise and_ indomitable energy, but, also, from the fact that all who want good cloth- ing, courteous treatment, and most perfect satisfaction in every way can best obtain it by dealing with Harvey Bros., 84 and 86 State, ———— No Masonic lodge is coosidered complete in “%its appointments without o Kimbali organ. D s REAL ESTATE. Sales Fair, the - Demand Good, and Building Active. Powerful Opposition to Vacating La Salle Street for the Board of Trade, Full Details of Two New Office- Buildings to Cost Half a Million, Chicago to Have a Belt Read in Ninety Days—New Docks at South Chicago. Lawsuit Looming Up Over the Lease of the 0ld Post-Office. TIIE MARKET. Real estate was steadily dealt in last week. Property of all kinds isin request, with no symptomus of excitement or of unusual activ- ity inany one direction. "here is an im- mense amount of real estate; its value ag- gregates many times that of the sum of ull our negotiable securitivs. So great a mass must wove slowly, but it is unmistakably responding, gradually, to the influences that are at work on general values. The market is rising, and rising in a way that be- tokens a powerful and lasting movement. No remark is so common among business wmen and capitalists as that real-estate is to- day the cheapest thing to invest in. AGAINST THE VACATION SALLE ST » One cf the prineipal events of the week was the development of a -strong opposition among the propertyowners on La Salle street, north of Xladison, to- the vacation of La Salle street for the Board of Trade. This opposition is led by persons of no less consequence than *the owners of the Union National Bank Building, on the southwest corner of Washington and La Salle, the Merchants’ Building opposit, and the Merchants’ National Buildins* once the property of the Stute Savings. Joney has been raised to contest the closing of the street, and it will be fought through the courts from first to last with determination. The position the contestants will take is that a street once opened by assessment to the ! annot be closed again for a private use, This litization cannot fail to greatly embarrass the Board of Trade inits plansfo find new uarters at the south end of La Salle street. 1 may quariers ou some other street, in which case the objectors to the vzeation of La Salle street will lose much more than they can gain by blocking the removal now grolyecmL i the Board of 'I'rade leaves La Salle street altogether, property on that thor- oughfare from end to end will suffer much more than by the vacation. Perhaps the Board of Trade will do_the sensible thing, and stay where itis. Itis well understoor tiat all the (:h:m%!b they require in the pres- gnralnyéxlgum;: can be made without any charge o : The Chamber of Comuerce takes no part in the opposition to the removal of the Board, OF LA SOLD AND TO BE SOLD. The Peck estate have refused au offer of £275,000 for the fee of the 192 feet on Clark street on which the Grand Pacific Hotel stands. This 190 feet runs back 133 feet. W. D. Kerfoot & Co. have sold within the last two weeks over 1.000 feet frontage on Fullerton avenue, Frederic street, and Dew- ey court, in Wright’s Grove. The purchasers will improve with good houses costing an average of £6,000 eac. No such sale as that reported by “an es- teemed contemporary ” last Sunday to have been made on Market strect, by Mr. Rogers to Mr. Fiirst, has been effected. The 100 feet referred to still belongs to Mr. Rogers, and the building that was to be immediately erected, and which was actually rented, stiil remains ounly a potentiality of a reporter’s imagination. . P. Larkin has sold at Humbeldt Park one house and lot for §2,400; one house and 1ot for £2,0005 two lots for §1,400; tive lots for $2,000. 1In the sales of the week were 50x127 feet, improved, on West Twelftl: street cast of Halsted, $12,000; 25x130 fcet, improved, on Iudiana avenue, north of Thirteenth street, §13,000; undivided half of 50x100, unim- proved, on West Randolph, nortieadt corner ot Curtis, $20,000; 20x183 on_\Washi east of Dearborn, improved, $30,000; 25x171 on Michigan avenue, north of Thirteenth street, improved, $12,500; 60xS0 on Pine street, south ~ of Chicago - avenue, §12,000; 24 feet, improved, on Jlil- waukee avenue, east ot Chicago, $14.000; 25x177%¢, improved, on Indiana avenue, south of Seventeenth, $15,000; @/ to alley on Cal- umet avenue, south of Eighteenth, $16,539; 50x125 on Milwaukee avenue, southeast cor- ner of Cornelia, $6,500; 20x109 on Erie, near Cass, S7,500; 30x149 on Ashland avenue, south of Adams, $5,250; 200x110 on West Congress, southwest corner of Aberdeen, 88,5007 same, $10,000; 20 87-100x125, im- proved,ou Calumet avenue,near ‘Thirty-third $7,000; No. 23 Thirty-eightl, $7,000% 2412 on Blue Island avenue, south of Polk, $3,44; 46x163 on Vincennes avenue, north of Oak- wood beulevard, $5,000; 273 fect to alley on Park avenue, between West Fortieth and Forty-first streets, 55500; 268x125 on West Chicago avenue, northeast corner of I field, with 747x120, iu same blo $10.0: 508-10 to alley, improved, on Groveland P avenue, northeast corner of Thirty-first £9,000; 24x993¢ on Taylor, west of State, S10,000; ° 20x106 _on Fifth avenue, north of Polk, $5000; 1217-10 on See- ley, south of ‘West Madison, = $6,035; 21x100 on Indiana avenue, southeast corner of Eighteenth, improved, $10,000; 1814x103 on Clark, east of Van Buren, $5,000; 115x125 on West Twvelfth, southwest corner of Asi- land avenue, $8,500. Ira Brown sold a two-story house and threelots to Anna D. Langlois, at La Gran, “for §1,500; five lots at the same place to Au: gusta M. Garner for $500; two lots at Des- plaines to Dr. C. T. Barnes tor £600, T. B. Boyd has sold in the last sixty days the following property: For Alrs. Booinfieli, to J. Hall Dow, liouse and lot, G0xSO, -east front, on Pine street, between Chicazo av- enueand Superior street, for $12,000. Mr. Dow will erect handsome improvements on this lot this fall or next sprimg. For E. W, Taver, of New York, to 11, 8. Stebbins, brick dweiling and lot 255160, on Michigan avente, between Twenty-eighth and Twenty-nintht streets, for S8,000; for the Scottish Loan & ‘Trust Company, to Mrs. C. Fiuch, three- story stone-front dwelling and lot on’ Qgzden avenue, near Washington street, for $6,500; for the Scottish Loan & Trust Company, to Alrs. AL, Moncreiff, of Lincoln, Neb., three- story stone-front d’\_\'eumg and fot on Ogden avenue, near Washington street, for 56,500; for Scottishi Loan & Trust Company fo Mrs. P. O'Brine, three-story stone front and lot, No. 451 West Washington street, for $5,100; for John Fraser, to P. O’Callaghan, two-story and basement brick dwelling and lof, No. 714 West Adams street, for casil, $6,000; for Mr. C. Fincb, to William Amerson, 163-acre farm in Decatur County, Iowa, ail cash, for 51,400; for J. H. Horvey, Altona, Knox County, Iili- nois, 250-acre “improved farm in Coffee County, Kansas, to J. E. Plingston, for $4,000; tor G. E._Brett, two-story frame ]wuso, and lot 87 on Honore street, near Adams, for 3,600 for J. A. Ennis, {oJ. 1, T }\\io—sslor,\"'l frfime hous% n&xd 1_lor, 15, 7l South o} stree! or 2003 tor D, Mcsnfi;-l.] to Mrs. E. Teap, lot 25x125, on "Lake . street, between %{obe and Hoyne, for cash, & 2 for urner, P 13, Castle to John Oliver, 100x118 feet on West Washinston street, near Kedzie ave- nue, for $4.500; for J. Speer, of Windsor, Vt., 10 Joseph Rich, two lots on Owasco street, for $1,000; for Alrs, C. Finch, to Mrs, Lin- scott, brick dwelling and lot West Con- gress street, for $4,000; for William: Fox, to IL N. Stone, Aurora, IiI., 8story - brown- stone front and lot 20x100 No. 370 On- tario street, cash, - §10,000; for MMiss Hattie McClellan, to Miss C. Ketz, 2story and basement stone -front dwell\n%nnd lot, No. 41 Seeley avenue, cash. for 85,500; for J. Il Dow to Aiss N. Saunders, lot 185x145, southeast curner of Xorty-sccond strest and St. Lawrence avenue, all_cash_(wi improved), for $4,500; -for G.T. cmm.floi St. Thomas, Ontario, to John Fraser, lot 24x 111, on iarrison street, between Laflin and Loowis, for $1,400; for D. A. 3May, half of furniture and fixtures in_ Burdick 1louse to Newman Bros., $4,000; for J. E. P ton, Braidwood, Ill., 240-acre farm, with stock, to J. H. Harvey, for §6,500. . A partition has just been made of what re- mained undivided of the great De Koven es- tate. ‘The property now to be apportioned wnong the heirs comprises 120 ac) t Rog- ers Park, on the Inke shore, and eizhty acres adjoining Central Park onthe south” In the West Division. The De Koven estate, when it first came under the 1 sewent of ir. John De Koven, of this city, included 610 aeres now in_the heart of the Town of Austing 130 acres in South Chi- cago, the block between Van Buren and Jackson on Clark straet, the block where the new Board of T'rade is to be lo- cated, and a great d of property on the West Sid 11 this represented an invest- ment of $10,600 made by Mr. L L. De Koven in 1s85 throusi Mr, Eiijah K, Hub- bard. Does compound interest beat such iieago veal ustate ? A ‘There seems to be some ground to believe that the valuable property fronting on Drex- el vonlevard, lyde Park avenue, Ellis ave- nue, and Forty-thira street, running from Cottage Gro enue to the Illinois Central uilrpad tracks, carly in June. mand _that g st isa very popular de- it should be sold, not in lurge bloeks to a few rich speculatos but In smalt lots to the who will put on jmprovements and ¢ its present desolate appear ful resitence quarter. V Buard of County Connpis 5 cansideration a proposition from tho Chicago Real Estate X ¢ und Call Board to dispose of the property by a grand public sale. A very prominent auctioncer, who s madea business of - réal-estate. auction les for over twenty years, Is conneeted with the move. 1t will'be arranged that the county will getall cash from the sale, vut that purchasers y ve the advantuge of buying on thue, if 5o desired, as a firm of kers have agreed 1nds for that pur- interesting reature of this plan the oppartunity to buy and sell this proy 5 days v for sixty after the grand saleat the Wednesday calls I Estate Exchange, When the s ) per. eent ot the money will be paid down, and a eertificate issued by the Trustee: all Board, the balanee being ty days. aole, and n during the Call Board oifers unusu iows in its weekly publi 1 Exchange. It seems quite_cortain the Coun- 1y Board eannot have a 1airer way of lispos~ ing of this property, and that the principle is a correed busii oneto putthe proper the hands or agents, who will have a strong stimulus to push asale to a successtul re- sult, and thereby benefit. tho county more than any effort of a county official paid for othier duties. In conversation with a TRIBUNE reporter, Col. Elison, of Elison, Flersheim & Co., strongly opposed as_injudic wy otier 100! prop- on sale on the e first-cluss der to the at the auctioneer. ground, the s aceessibi v would mak self. Competition would Spir- ited, and mu better prices would be seeured than v The best tiwe for the , Col i Iit,- would bein June, when the leaves had a tender green, and young married men lightly turned to thoughts of lots. BUILDING. Messrs. Burnham and Root, the architects, have perfected the plans for the new oftice building on Mourod street, west of Haverly’s, to ve built for Mr. Brooks, of Doston, and also those of the new building of the Chica- go, Burlington & Quiney Railroad, on tho northeast corner of Adams and Frank- ln. Work will be begun at onco on both structures. The importance of these new improvements may be understood from the fact that their aggregate cost will not fall short of $500,000. It is the intention of architects and owuers to make them the best of their kind. The Monroe strect build- ine will cover an area of 0x90. Of this 6, square fect, about 5,000 will be_covered by the foundaiions of the outer and inner walls, vaults, ete. “Uhe weight of the whole build- i will _be 8,600 tons. 1t will be ries high above thie basement. Red u red-glazed terra-cotta will be the ‘The basement will be of stone. The style of hitecture might be ealled comuercial Gothic—the simplest_expression in brick of theidea of providing the greatest possible amount of rooms, light, and se- curity. The cornice will be made-of molded bricks, without brackets, and small projec- uons. The effectiveness of the building will be devived from the hight. ‘The base- ment will be divided into oitices speelally designed for _brokers. On the i floor, east side, will be a large bunking oflice, 34365, This will have a galle) il to an upper tier of vaults. Elgvaiors will be placed on each side of the ¥ the frout door, anud the main stair ace the entrance. Broad windows se will light the landings. A ylight will illuminate the hallway, and the court will be lined with buft-giazed bricks, of a color speeiualy restful to tie eye. A second banking-ofiice will be ball, n iced on the west of the entrance, with two vaults, and, behind this — will ~ be two oflices in the rear, lookinz out on a court twenty feet wide. Above, the stories will be divided into seventeen oflices on each floor, all well lizhted and ventilared. Every oflice in lfils buildinge will have a fireplace and a vault, The office buildinz of the Chicago, Bur- lington & Quiney Road will have a frontage of 135 feel on anklin street, and 120 on Adums. The matel will ‘be, above the first story, brick with a mo i L basement —will . probably be ot the new choeoiate-colored grauit from Wis- sin, which, witen polished. is the hand- tor all graaits. The building will be g In the interior tnere will art, 50860, running up from the to the roof, and _covered by one vaults will be built in the and northwestern cornors of ing the same area in the oppo- penms directly Into the court, i b ted the iron staf There will at each end of ors in all. Iron gal- e feet wide, will run rior courts to facilitate communication between the offices. it and air will be supplied to the rooms from the court as woll as from the outside, and in winter the air in the court will be heated and passid into the roows over coils, the temper- western S 0] ature of which can be regulated by the oceupant the Each_ of- fice will X a fireplace. Tl air abundantly supplied. ‘T'hie building will be fire-proof, and it is the intentton of the architects and the Railroad Company to muke it more complete in all its appointments than any other oflice building in the'country, Messrs. Buinham & Root have also com- pleted the plans for a fine_residence for Mr, A. Byron, to be built on Michigan avenue, near Twenty-ninth street. 1t will be of the Flemish styte, and the material will be the Bedford limestone, in different colors, with the wall veils of random rubble bush-hammerexd. There will be two_stories, besides the base- ment and attic. 'The roof will ba pitched to a ridge, covered with slate. J. W. Ackermann, the architect, I3 now putting up the following list of buildings: On Archer avenue, corlier of Main stre stone buiiding. two stories and basement, 21 N5 feet, pressed brick, with stone_trim- mings, for Thomis Pow 10 cost $4.600; for "J. T & 3L Mewet, 37 Granzer street, two-story and cellar residence, 22x 53.6, pres _brick, with Berlin sand- stone trimming: to COSt SH,600; for Dr. A. J. Baxtex, corner of Monroe au Aberdeen strects, barn 24x66.6 feet, two stories, St. Louis pressed brick, stone trim- mines, and slate roof, to cost §5,700; No. 47 Granger street, residence for C. Helm, two stories, cellur, and attie, 22x67, octagon front, stone trimmings, with mansard roof, to cost 34,803 for R.”P. Wililams, No. 366 Fulton street, two story and celfur residence, 22x48 feet. pressed brick, with stone trim- mings, to cost $3,000; public sehool frame building, twostories, 24x52 feet, West Fiftieth and Hubbard streets, to cost $2,000; at Aus- tin, IiL. residence for I, M. Murray. to cost #3,700; at Evanston, 11, residence for G. M. Sargent, to_cost 4,000} also a residence in Evanston for Dayid Preston, to cost $3,700, Ar. George Edbrooke, the architect, is ishing designs for Battéry D's new armory, “imcu is to compare with anything of its class. - A school-house, to cast $40,000, is about to be built at Nos. 145 and 163 Evergreen street. Work will begin this month. New brick from the Northi Side came into the market last week, and were sold at $7 to $7.50 & thousand, This is likely to be the price for some weeks yet, as the yards have orders to fill for many millions of brick ‘The largest building permitof the year was taken out last week by M. George L. Dun- Iap for the crection of “an immense elovator, 103 by 280 feet, ab Ihirty-third s river. 'Tha structure will cost 402,000, ‘The Building. Department has issued from Jan. 1to May 7, 1881, altogether 1,093 build- ing permits of every kind' and_nature. Of these. 77 were for sheds, brick basements, and “for the raising of rear additiohs. manent structures, including frame eottazes built upon wooden sills, Tumber 5, the Il)nggfst proportion of ‘whichh were built of ricK. = Building permits were taken out last week Tor Improvements to cost fully $59,000, In the building nermits of the w. . those to Ifewnan Bauman, two-story base- ment and attic dwaellin G2 feet, 423 Lighteenth -street, to cost - $3,500; 0. O. Ostram, for five two-story_basement and at- tic dwellings, 117540 feet, Eugenia, La Salle, and Cla treets, s-.»o,uba; John B ), basement and_-veneering with brick, Sophia street, §1,000; Chicago Homeopath Coileze, four story bassment aud attic br lege-building, 62878 feet, Wood and t) s, to cost $40,000; Arthur Caton, vo-story busement aud attic dwelling, 40x60 fect, Culumet avenue, near Eightoenthstreet, tocost S20,000; Mr. Seiver, two-story and basement dwelling, 0_feet, Wood, near tthew street, to cost $6,000; W. G. I1ib- d, two-story” and cellar’ dwelling, feet, 1633 Prairi SL_33,00 Stoike, two-story 2 { Woud Street, to three-sto kg 'l sireet, o o Tobey, for a_one-story avmory, X200 feet, on Lale-Frout, to cost §12,000 B iwo-story houses 21 by th Halsted and $3¢ Webster €0s ,000; August I story and base sted street, near Sev August Muus, for a thre wment store and dwelling, Dlue Iskand 3 ing, one-story co 3 L and attie ev. 11 wo-story, b ment, and attie dwelling, 36565 feet, Ashl: avenue, near Ninetcenth street, to cost 500: J. J. Colien, two-story basement, [ ing, 25x62 .43 Lincolu stree iy for Six ke teot, 9005 J. S, i and_attic honse T oand 199 Seminary 35,5005 J. M. Dowling, two- id attic store aud dwelling, 4 57 Canal street, to cost 86,005 C. O. m, for four. two-story and b ent dwellings, GiX50 feet, 331U to 3314 Rhodes ay- enue, to cost G405 1L 1L Gage, for four two-story and baseuent dwellings, 22x40 feet S and Kreuons strects 28, aacl cost 210, LWo two-stury, base ling, hawk “street, Lo cost 3 one-story dwelling, strect, “to cost lon, _ thiree-story | in Walker venue, to cos R. Laott, e dwell- Halsted Lory, e d avenue, to cost & three-story, basement, wd ing, and barn, 5J: el 10 Cost $ cent, amd aitle, br dwellme, Dearborn and 00 Georze Broo 7 1t 1003 \! L Klause, two thi ,, i . 0x4) feet North llalsted 1d Siurm, one- Larrabee street, 1k TIIE OLD PO OFFICE. The Board of Education at their meeting on Thurs ening refused to reconsider the appraisal of the old Pust-Oftice property, The First National Bank propused that the question of the value of the old Post-Office building be recommitted to the appraisers with directions to appraise its value for tak- ing down and replaeing by a new building, or, if morv eonveuient, that the Committee on School-Fund I'roperty be directed to make such inquiry,and report to- the Board at a meeting to be held on Monday night. The dififeulty between the Board of Eduea- tion and the First National Bank about the old Post-Office lot and building does not grow less: On Tuesday night the proposition of the First National® L: ment will come up, unless the whole matter 15 previously settled. Of this latter issue thore is some hopz, as it is believed that both par i an find a comumon ground of agree- ment. 1f the Boz~d of Educ: praiseuent, a reav- is reached, i L ably be uit. The First Nauonal have secured in writing from DPresi- dent Green, of the Connecticut Mutual, the refusal of the southeast corner of Monroe and Dearborn streets. One corner or_the other they will have. ‘Fne Connecticut Mutual’s lot has a frontage of 131 llftfi tis on Monroe and 192 on zives an_ area of feet, for which the npany pric Is 3825,000. The Tost-Ofice lot, 05x192, has anarea of only 18,40 square feet. For this lot, which is nearly one-third smaller than the other, the Loard of Education want §25,600 more, or $345,600 for the land alone. Another evidence of the untairness of the appraisement Is that it charges S$1,500 a foot for the Post-otlice lot, whi Board’s property on the other side of D for the I trborn street, where the Blair & Crilly build- ing - stands, the valuations wére but SL009 a foot for the corner and $850 to S92 2 foot fur the inside frontage. ‘The process by which the appraisers of the Board of Education reached their valuation was the self-stultifying one of charging for the building, as if it were to be used as It stood, and of charging for the land what it would be worth if the building were de- stroyed, and 2 new one pu 0f £500,000. Under the apy has to payanextra it ca 1101 Use, uran extra Nt price forabuilding ithas to pull down. ‘The appraisers want to ke the bank pay the enlianced vaine their own improvements wil! zive the property. The contract between the bank and the Board of Lducation was that the latter should pay G per cent futerest on the market value of the broperty. It would be an_interesting question for the courts to decide whether 1 bound them to pay 6 per cent on $345,600 for 18,240 square feet, when 25,152 square feet on the opposit corner had been in the market for years without a buyer at $525,000. g "DOCKS AT SOUTI CHICAGO. Work has begun in earnest on the docks of the South Chicago Dock Company, connected with the Chicago & Western Indiana Rail- road. The Company has just succeeded in getting through the ice that has blocked the harbor the first dredge for the work on tne slips at South Chieago. Five more dredges are on the way, and wiil soon be in opera- tion. By Aug. 1there will be 9,000 feet of dock front comvleted. Applications have been received from a great many persons for accommodations here. The slips will be dredged sixteen feet deep, and the docks will run back 400 feet from the water to the railroad tracks. ludieations arg_alrcady to be seen that the combined result of these dock facilities, and the belt_railroad, now being laid as elsewhere described, by the Chi- cago & Western Indiana Road will be the transfer to South Chicago of a large part of the lumber business now done within the city limits. THE BELT ROAD. In ninety days there will be a belt railroad in operation around Chicago. While others have been talking the Chicago & Western Indiana has begun to build, and in thrée months “it. will have a. double track road from South Chicago to the Galena Division of tha Chicago & Northwestern Railroad in actual operation, and counecting with all the intersected railroads. In addition to its pres- ent tracks, it will need but ten or twelve miles more, and for most of these the right- of-way has already been secured. Propert: owners have been so'eager to secure the ad- vantages of the Balt Road that several routes, areopento it. In the Town of Cicero the line will run due north a little west of the city limits. Property here will be benefited Proportionately more perhaps than any other along the I oad. ‘T'he. facil ol this Company for transit are “such that : SUNDAY, MAY 15, 1881—TWENTY PAGE it IS certaiu to bring to the side of its tracks: treet and the |- — ;;Igeaé.l numbers of manufacturing enterprises. o the sizners of freight the advantages of the new Lem will be inunense. ‘They have been so olien pointed out tiat it will be worth while creobly to state that lumberinen will save oI 30 cents to SLper 1,000 feet, the railroads ill save 31 per car they now have to pay for switching, and while it now t a week 1o ges a car loaded with lumber_into the eity and out over, say, the Ruck Istand, it will require only. on day to do the busi- ness by the Belt Road. Roads like the Chi- 10, Burlington & Quiney that now receive ar for switching it over their tracks rning it into the mplain of the diver- the lumber traflic to South Chicnzo that wiil be caused by the operation -of.the BeleLos he Burlington has more todo than it can properly attend to, and it will make ooy by having its tracks kept clear for its own business. A NEW ELEVATOR. . The VFabash Road has bought fourteen actes of land on the east front of the South Lranch of the Chicugo River, besiuning at a Doint 600 feev north of what would be ‘Phirty-third street, if that street were operied through, running south to within 690 feet of Thirty-tifth street and extending east to Gll- man street, for which they paid $120,000. On this the Company will build a grain ele- vator and construct freight docks along the auarter of a wile river front, as also a slip tor the ¢ icnee of vessels, The elevator will cost ), and will be built by Mr. George 1. Dunlap, whose architeet is M AleLennin. Tho eapneity will be 1,3 3 i will beginat once. ‘The di- nsions of the olevator will be 103x341 teety e an-engine and boiler room. 36x71ig 1, and the hight to the top of the cupolz illbe 142 jeet. There will be 256 bins, sixty fect deep, caeh holding from 5,000 w 5,500 bushels. "Lhiree bollers and a 70d-horse power engine will be employed, There will be twenty elevators, of shafting, and the machinery in the cupolia will be run by a forty-cight-inch rubber-belt, aud the grain will be distributed throughout the butlding in the-usual manner. NEW MANUFACLURING DISTRICT. The prediction of the Tie TriuNe some months ago that the building of the railroad ou both sides of the south arm of the South Dranch of the Chicago River would cause manufacturing enterprises to spring up on both sides of this stream, is now being ful- filled. Mr. Yale, the agent of the Robbins estate, hias leased to different persons large triets of acres on both sides of the arm, just north of the Stoek-Yards, and south of the new Wabash elevator. These tracts of land will be used for manufactories and lumber- ariis, s ‘I'he owners of the property I of Thirty-ninth strect, the ri St made leases to Messrs, Segnard, Hubbard, and Purington, the latter the President of the Couk County Commissioners, of land for Lri ards. “The lessees bind them ¢ the ehannel of the river ying south have ju: fora distance of about three-fourths of a ile from A s is only the er west al, in the neizhbor- mill, where, eventually, the much-talked-of pumping-works must be located. STREETS AND BOULEVARDS. The endless eables of the Chicago Street- Railway Company will be In operation on State street in July, or by the middle of Au- #ust. Wabash avenue will next be supplied with the new motive power. Both these streets will be laid with granit blocks. ‘I'he Company begins at once the erection of the buildings needed for the machinery. ‘The south hall of the building on Twenty- first and State streets will have to be torn down, and another erected, to contain the four 250-horse power engines and boiler: and the drums, winders, and cables furnish- << the motive power for the cars. Mayor Iarrison on Monday night vetoed the ordinance for a boulevard on Dearborn avenuc and other streets. A petition been signed by several hun- dred resi; nd taxpayers in the distri lying between Western e and Central Purk, to have the rezular Madison street cars run through to Central Park, und to run to the purk up to midnight, 2 Property-owners on Stewart avenue intend to move upon the Common Council for the enforcement of the ordinance for the iw- provement of that street. They want tho Fort Wayne Railrond tracks moved over to one side the avenue and walled in, leaving room on the other, or cast side, for teaws to DS, n effort is to be made soon to have North e street widened north of Chieago ave- nue. South of the avenue it is eighty feet wide, and is one of the most avtracives in theé North Division. North of Chicago avenue it suddenly narrows thirty-nine feet a tier of lots on the west side ol the street, It are comparatively valueless for building purposes. Running north to Cedar streot, the lots in places narrow to thirty feet, and there are jogs running from thirty-eight down to thirty: fe an » which make irregular street and much useless prop- Nov. 11, 1872, the Couneil passed an ance {or the widening of North State from Chicago avenue toSchillerstreet, of & unitorm width in this succession of narrow blocks, essment was made, but the Council aled the ordinance. The reetification of the lines uf the street is to be attemteid again, and it s to be hoped be achieved The Common Council has passed ord nanees for the opening from State to Denr- n of Maple and Chestnut strects, and the assessments for the work will soon be col- leeted. The abrupt ending of these streets has made them to this_time comparatively worthless thuroughfares. Ihese streets Tun now to within about forty feet of State streel. An order has also been passed by the Council for an ordinance for the straizht- ening of street, and a survey is now be- i wade for that purpose., ‘The Town of Lake Las given the Grand Trank Railway permission to ex: i line along the north side of Fifty-first street to the Eastern Indiana, and heénce the ad- mission of this great thoroughtare to the ity Isat last definitly settled. The Committee appointed at_a former meeting to confer with the South Park Com- stoners in regard to the improvement of thehoulevard south from the Brizhton 1louse v-fifth street (Pavilion boulevard) mes ark Board during the past - week, and showed that the law plainly requires tiuat the sewer and drivew: ould be completed along the east line of the sections along which Blue Island avenue runs. The Pa Board conceded that the Committee were right. and ordered estimates at_onee to be ade, and promise that the improvement 1be completed during the present seasol 5 Will be zood news to those who have been paying their assessments for years past, and have had no - visible return for their money. The West Side Park Board are building south and_east from Douglas Parkt 10 connect with the Blue Island boule- vard at the canal, and in another year our eity will have the longest and finest system of driveways upon the continent. "This will simply be in keeping with everytning else in and about Chicago, The Common Councll has passed orders for assesswent proceedings for six inch drains in Douglas avenue from Michigan avenuetoSouth Parkavenue;same Michizan nue from Lake Park place to Thventy- sixth street; for nine lampposts on Brown street from Fourtcenth to railroad_tragks; concerning sewers and cateh-basins in Mich® igan and Douglas avenues. NORTH PARK AVENUE. The propertyowners of North Parkavenue, between Sophia street and Fullerton avenue, becoming tired of waiting for the city to put in a sewer, have advanced the necessary money, and the work is now being done, Gas and water pipes are also being la and trees planted along the walk: street will soon be materially changed in ap- rance. At preseut there are few houses’ on it. This season. however, Mr. Andrew MeNally will build a dozen stone-fronts, and Mr. Perkins Bass and Mr. Baumzn, the atchi- tect, several more. The neighburhood, - though a delightful one, seems to have been neglected until this time, but now that im- provements are under way it will soou beone o_r! the pleasantest residence quarters in the city. T cre, This TTE CALL BOARD. g Messrs. W. K. Nixon, Chandler & Co. and William A. Butters announce a tripartite al- liance for putting the Chicago Real-Estate Call Board upon a new footing. The new feature will be that William A. Butters will from this date be the active managerand at the sanie Lime the auctioneer, a- combination ruilroads and the shippers and con-- 1 by friction on the line of duties which..will possess great advant- 2ges in- obtaining a thorough knowledge “of -property -and” forcibly presenting it 0 public ‘at e of sale. ‘Iu o addiiion ul real estate cow- . business will be tramsacted, but special attention -will be given to auction sales at the Exchange rooms, or on the prem- ises, and in such ways and - on such terms a3 the owners of property wmay desire. ‘I'here will'be realar Wednesday ‘sales at the Ex- the regular eall will ocear sei ‘I'hie ather matters of general su- pervison, trusieeship of mon (L in, ete., will Temain as heretofore | of Mr. W. K. Nixon and M Cihandler & Co. HYDE PARK. IIyde Park is about to have new water- ‘works. The engineer has just been ordered to make plans of building, machinery, sup- iy pipes and mains of suflicient size to fur- nish the entire yillage with water. This system Is to inciude pipes to. South Chicago, Colehour, Irondale, Kensington, Pullman, tiverdale, and Grand Crossing, as well as the entire north part, of the village. The buildinz proposed is tobe of brick, and situated on the Water- Works lot at the foot of Sixty-eighth street. The machinery will be very powerful, of ity, as the territory to be covered will 1y as large as that of Chi izens of 1lyde Kk expeet all their wa: lands to be builb up within the next few years The entire matter will be unaer e of J. Al Cole, the Water-Works En- Hi(‘)w i of Hyde Park will take a trip over the entire T, Thursdny next the Board of Trustees iip-of Ilyde Park, going to Grand <, Colehour, South Chicazn, Iron- ensington, Riverdale, and Pullman. ctof their trip will ‘be to notice the conditions of the roads, ditches, bridges, ete., and to wake plans for turther improvements, ‘These of necessity must be of great interest Lestate owners in Hyde Park, asthe ients contemplated at the close of will probably be the work swimmer by the Board. Property- in all parts of the village will beex- peeted to meet the Board and suggest the ovemicnts that they need, and whether ¢ payment for te sume shallbe by general X or spectal assessment. The ditches in @ been ordered repaired, and short time a new plan of sewerage for ntry will bz brought before the Board s foraction. ‘I'he Board of Trustees Are graniing many perits tor the erection of frame houses” within the fire-limits of Hyde Park, A real-e. %0 cash per front foot for Boulevard, near’ Cottage Grove avenue, and was refused, Property there Is held at $125 per foot. SATURDAY’S TRANSFERS. The following instruments were filed for record Saturday, May 14: CITY PROPERTY. 4 £t 1 of Chicago av, w T, B W, ted Muy I3 (1L J. and Serantou to Charles Jehnson 1,400 West T'wentieth st 215 ft w of P K X , dated May 14 (A mann Baselt) 1,000 Oakley v, 21 §-10 ft s of Waluut st. * x1W0'FL, dated May 11 (Jonathan Blan ard to M. W. Quinlau).... 2,500 t, bet 1, d: 10,000 ¢ ¥ 16,000 Hubburd st, | w of ‘Rucier, t 24 1% ft, duted May 3 (John Lally'to L. A. Givbons).. ranklin to Josephine V.. Thirteenth plree, 108 £t arrison to Fred Harms), 800 156 £t 1 of - Thirt, 1,250 10,000 nulport av, wf, fix improved. dated May 12 (W. and 2. B 1425 dated May 13 (Frank and B. Dress) ¢ F XG0 TE, Seaverns to- 660 3 st W £, i 510 J und JUW. unell to Edward Tiffs 3,000 Sedewick s ft s of Blic E cd May 15 (Willi Haerle). 28% st, 12 £ f Throop, § ted April 25 (Moses F. Rit- tenhousi: to Catburion Breuing) Huastings 230 ft w of Lsomis. 124 ft, improved, d dy 10 Robert W West Chicacoay, se fy 244-10xE28 f1, duted May 14 (1 Nivolson to A. C. Lunti 240 L § of Ceutre, e f, 1 May 11 (C. B. Bartlett to AL M. Schiveider). . Chureh st, 216 ft s of Centre, ¢ 11 (samu to G. Valienw duzed M North Wood 9 1t nof Bloom = roud, ¢ K. Butt to F. Katb) . 675 The premises No. 3% South Iiobey st, dated April 21 (Joun Bell to J. R. Houls- by). ... 2,600 Butter L, 241 [t n of Twenty-nimth, w £, 25x 100 £t, duted May 13 (J. B. ang B, D. Wells to J. D. Sheehy). ... . cee. B South Halsted st, 67 {t n of Fourteenth, ¢ f, 25x100_ff, fmproved, dated May 13 niel Kennedy to Helene Braun.~.... 5250 1Y 4-10£C S ¢ of Lincolu,u o7, 1, duted May 2 (W. Meyer to T, M. Tres| 630 Superior st, 5 £ %7 0f North La Saile, n £, X100 Ct, dated Murch 30 (Fonora Frost to Louise Gesclbracht) 2,500 NORTIL OF CITY LIMITS WITHIN A RADICS OF EVEN MILES OF THE COURT-HOUSE. Deming court, s ¢ cor Larrabee s 100 tt to alley, dated Apri J. L. Corning to Shilling ciming court, 10 ft e of Lurrabee st, n 1, 162 feet to al dated April 27 (F. D, LYt e of £, dated A Semi; y 14 na; 58 wood to L. E. Towne). 85 SOUTH OF CITY LIMITS WITHIN A RADIUS OF SEVEN MILES OF THE COURT-HOUSE. Buttertield st, 74 {t n of Fortieth, w . 2ix 100 £t, improved, dated May ‘11 (Carl Franz to F. Keller). .S Butterticid st, sume y_as above, dated May 13 (F. Keller to” Wilhelmina Franz) . 1,200 LIMITS N MILES OF THE COURT-HOUSE. £t north of Wabausta st, e dated May 10 (J. and C. Louis to W. Lust) SUMMARY FOR THE WEEK. The following is the total amount of city’ and suburban transters within a radius of seven miles of the Court-ffouse filed for record during the week ending Saturday, 400 May 14: Location, Sales. Amount. Ciiy sules. 1 $ 619,677 North of ci =0 South of ci 6,506 West of city limits. 1243 Total. § 715,063 Totul previous week.. 1,156,917 Sale of Fernando Wood’s Furniture. Witshincton (Muy 171 Dispatch ta Cinciunati Gazette. A sale of the furnlture in the Inte residencs of the Hon. Fernando Wood took place this morning. During the two days that tho house bas beea opencd tor inspection, previous to tho ¢, It has Leen numerously’ visited, and the auction to-day wttracted n Irze attendance of prownnent people. Among theém were Admiral Sunds, Col. Rockwell, Dr. Garnet, Mrs. Secretary Binine, Mrs. Itoss Ruy, me. de Chambrun, Mrs. Robert Ingersall iind daugster, and other we kuown socicty ladies. Lovers of rare and cle- guat ware, ete., fought awong tkeir own set for Leeir possession. ‘The bidding was spirited, and the tuir value of everything receiv ‘Lhe furniture thronghout the munsion was of the handsomest kind. Noexpense wes spared In its futnishing or decorations, and most ot the furniture wus ‘made to order. Much of tho china and glussware bore the monowrum “ I W.." and while that did not deprectate its value very muen, it certainly did not increaso its WOrth in the mimls of the buyers. Mr. Fernando Wood, Jr., wns present during the sale, and withdrew many of the articles cut- sloged. He also purchased of the fumily chivg the 1wo sete uunbering 440 picces, decorited in ¥ilt and blug, with the menowrum. There was but little opposition, and they wore knoeked down ut $150. Tl dining-roots table, which-has held tho burden of muny n Democratic feast in @ house finous for its Conwresslonal dinners, brought $07. . The. family silver was not otfered. ay Y room with corner book -cuses, s 8 nppointmonts. The desk at e 1temewber gpent £o wany hours h e ki breught o higher bgure, though it was alnost the only article ia tho house shor! and toir of duily use, The pation whois ity Yure of u rich red, with il tromgs, wis aished in pale bliie satin. Tho glaring sl d fa tho hand som, 3 & sud e whote bad a n magnificeve. The window were “of puie blue satin. id with tice curtains of the finest e parlor SUt, Consisting of ten prece TUre: Dbougbt after eousiderabic elfort for $og), handsoute gentre-tubic, inluid with muraueter . Wood while ubrond. sold for gig! Ray boaght a brass statuet o, A malactiite-t atre-table, wi!h‘oéxr‘-‘g‘i frame, for ahich Mr. Wood puid 350 in. Tyl I for 515, T niel-clock, o poct Fone of siarbic and bronze, brougnt ;}H oehout the bouse, al} cture. s oa the lower foars 20 o Lot nearly s moct s peld uber furniture of 4 14 e hixh nzz hoil conditd sonds. Tne cl and modern designs hard wogqy fures, THE INDIAN NATION, El Periins Tolly Ilow Whits Mep Marcy Squaws There, Spectal Corressondence uf The Chicazo Tribune. - My Indian Nation, May R2—ipn Indian with a slouched hat and a sait of but- ternut gotaboard the train at Atoka, Hehada clear eye, and a fine, open face, Smooth ag a girl’s, althougi -he told me he was 52 Years old. When Lasked him what he did for a living, he answered, in as good English 9 you will hear in Boston: 1 farm it, sir, with a little stock.” “ILow many acres 2 “Twenty-five or thirty.” *“Why don’t you have more?” *Don’t wantit. Lecan have as faras Ican see over the prairie, ten miles square; bug Idon’t wantit.. Thave all I can eat, ang drink, and wear. What do I want more for ‘The man was fat and sleek, and with a little soip would have been handsome. Hg certainly seemed haopy. = “Do you want white men to come into the Nation " I continued. . *Oh! we don’t care, if they privilege.” +-1low much do they have to pay o7 **A mechanic or a renter pays S17 a year, A luborer or farm-hand pays S If they marry a squaw, they can stay for nothing and own all the land they can see.” * But th(i ludlx ns L'an Zive no title * No,—no legal title that would stand in white courts. But the Indians give the 133 away, and no onc disturbs the owner.” +*You sometimes rent land to whites % "!55. A wXu_kfi* man can pxafhu’ and coma. inand rent awillion acres of the Indiang, e wants to.” 1 "(\:Vl]l it alwnlx:ls bi 53 202 i o Certainly. The Indiansown the country, We will always own it. If there is :nylh‘x?é to _be made out-of it, we will makeit. We , will never conseut to have the Government sell our land to the whites. We cannot sell it ourselyes, but we can always rent it, and live on the rent, and let the white folks dg the work.” AN EDUCATED SQUAW WIPE. Above MeAlister, in the Indian Nation, I saw a big prairie which they called Ream's Bottom. ~ Mr. Ream has a ranch of perhaps 2,000 acres. Ile hias good stock, livesin a log-louse, aud is raising a family of half- breeds. 5 - *“Itow came Mr. Ream here; and how did - he zet such a large farin? [ asked. _ “Reamis a citizen, sir,” they said, “Hg is Vinnie Ieamn’s brother,—Vinnle Ream, the sculpiress, who married Lieut. Hoxie, Ream married a squaw,—a Chociaw squaw. He hasall the rights of an Indian now. He can own all the land he wants.” Isaw the squaw wife of Mr. Ream at the station. Icould hardly tell her from a purs white woman. She wore a poke bonnet vith flowe: it, and a stylish ulster. She talked. and laughed, and_ joked with the people, and was as_sharp at rej as the beautitul, firting Kentueky girls are, ‘There are many educated Squaws among the Cherokees, Creeks, and Choctaws, like Alrs. Ream; and they are being pick~+*, by the whites every da; WIINTE MAN VERY SHAR E # My sister Olivette, She smokes o ciguret.” At Atokaa Mr. Phillips is running ubig store. Muany picturesquely-dressed Indians v Ling on their ponies around it. They did not have any scalping-knives;sbut they 2ll wore slouch hats, with bigred and yellow feathers in them. AsMMr. Phillins is a_whita wman, Lasked - him how he got his right to open astore. *“Ishea citizen 2” “ No,—Phillips . isn’t a ecitizen, but hig brother is.*‘IlIs” brother married a squaw, and Phillips does business in the name of his brother. Ilis brother protects him and claims ownership.” = So, you see, one white man can marry a squaw, making him a citizen, and then pro- teet awhole drove of brothers_and sisters whe wish to do business in the Nation. A BIG NATION HELPING MISCEGENATION. The Government’s course in the Nation may be right; but, by allowing no one to sets tle there except white wen who have married pay us for thy Q! it is enrcourazing miscegenation. More than that, the Government is paying a premium on bastardy, for many of the white men-who take squaws in the Nation do not really marry them; they simply live with theny. The “Government’s premium_for a family of half-breeds and bastards is a big stock-ranch and the best farm on earth,—a premiunm s ntly large to entice any-cute throat uuh&" :xas and Arkansas. - We have a zood Government; a great Nation e are, too: but we area little s| in our Mormon policy in Utal, and our miscegenation policy in the Indian Nation. ELr PERKISS COMPLIMENTARY. Chief Grain-Inspector Reynolds Surs 5 prised by Hix Employes. : Theemployés of the Stute Grain Inspection Department - surrounded Chief-Inspector Jobn P. Reynolds last evening, and through First Assistant-Inspector Q. L. Parker, pre: sented him with the following congratulatory. address embodying the sentiments of the force” respecting the appointment of Mr. Reynolds as Chief Inspector. The address had been or- dered by a previous meeting, and was elabo- rately engrossed on chment, elegantly framed in gilt, the trame being ornamented with growing heads of wheat. ‘The text of the address i follow: To Jolus P Beynolds, Ksq.: We, tho employ(s of tho State Grain-Inspection Department., huve chosen this means to extend to you our wirmest congratulations upon your renominution and contitmation as Clicf Grain-Inspeetor, und to itest the gratitication we nll fecl i the as- suritnce thut the system of State Inspection with which we kave Leen so long identitied s to remain under te control of one whose wise di- rection. cluse personal supervision, sound judg- ment.und sterling integrity has given it stand- ing and charucter at hoe and abroud of which we feet Justly proud. irmly believing that the vindication of the Departrient during the recent investization was larzely due to your intelligent administrution Of 1ts wilairs nnd strict adherence to the right in nil gour officinl uets, we wish to express to you fhe coutidence we feel in you as its execatlve Bbead, and thoe sincere personul regard which our relatons with you during the past two years baye inspired. -Aud, hoping that these pleasnat relations moy be long sustuined, we have the honor to sube" ecribe ourselves, 5 YOUR VERT SINCERE FITENDS. ‘To this was aitached the signatures of all the employés of the Inspection and Registras tion Departinents, sixty-one in number. The SITAIr was o complete surprise to the Chief, but he came to the emerzency in a neas speeel, complimenting the men on their fidelity and ciliciency, and gencrously shar- ing the credit of the efficiency of the Depart- ment with the men of the'force. Thouzh he Department had had little op- to defend itself, buthe felt assured : Department was stronger to-day in the confid of the trade aud the producers interested in this market. Speeches were made by Messrs. Sink, Jones, Parker, Buckley, Irwin,and others, after which the meeting adjourned. —_— The South American Telezraph Line. NEW Youk, May 1L—The books of subserip- tion to the capital of the Central & South jumeriean Telegraph Company will be gpeacd in tais city “and ihi ibia to-duy. Of the tatal cupinid of 505 shares, ) ‘shares arc offercd Loz pubiic subscrivtion. The paytents extend to Decenber. The cuinpany {ntends 10 blish telegrapbic communication with Mexien, Central and -South .Awmerica, vin the @ Isthmus of Punuma wnd Tehuantepec, and hus . ab Ined from the Governmentsof the countries ch its lines will touch valuable contracts ex- tending over u lonz series of years. It has mader . favorable ngreements for the exchunze of busi- ness with the Mesican Telegraph and West Coust "ot Americe Telerraph compnnies. The proposed line consists of nearly 3,000 miles of subinarine cavle, and about &9 miles of lsad ine. e — . France and England. In proportion.to population the taxation Is i higher in Frunee ti nzlund. 1o France i i per h: The tuter- .« <t 00 tho French deut Bow cxeevds thut of e Xagiish debi. ,