Chicago Daily Tribune Newspaper, July 21, 1881, Page 6

THE. -CHICAGO TRIBUNE: THURSDAY, _ SPORTIN ‘. ‘The Champion Ball Club Fails ¥ to Win a Game at Buf. falo. Worcester, Detroit, and Boston Vioto- rious Over Providence, Cleve- land, and Troy, Four Good Races at the Chicago a Teacic Vo-Diy. Large Fields of Starters in Bach Evont— The Pools, Eto. ‘ ny i Yesterday's Races at Saratoga—Faleies for Coming ‘ Meelings in the Cirealt. 2 BASE-BALT. : BUFFALO V8. CIHCAGO, Bpectat Dispateh to The Chicago Tribune. Burraro, N, Y., Hily 20.—Again this aft ternvon the two leading clubs In the race for the pennant came ‘together, nid na mighty strugele enstied, resulting In the defent of the champions for the third time In succes- sion, ‘The gnme was afine exhibition both of batting and fielding, and every player put forth his best efforts, many briltiant plays resulting. Corearan was again put in to piteh, aud the gaine was won olf his delivery Inthe fifth Inning, when Foley, O'Rourke, Richardson, and Lynch mace safe singles, White and Peters two-bazgers, and Rowe a three-baser, Brouthers taking first on balls, giving the Buifatos seven rung, Ile was most successfully batted out ef position, and WIll- Janson pliched,the remainder of the game, Kelly supportiiz him in the sixth tnnlng : and Anson In tho seventh and eighth, Lyneh aaln pitehed for the home team, ant O'Rourke gave him good support. ‘The vis- tors played a plueky game, but were unable do Dainch thelr hits suMlelently to overcome the runs of the fifth, Some daring stents t were attempted, fi most cases. unstecess- Z fully, and Lyneh was far more wide-awake than Galvin, and the Chicages seemed taken unawares. . ‘The runs for the Chicagos mado inthe ¢ighth Inning were by Anson, who ¥ Teached firston na hit to centre, was sent to 4 seeontl by Williamson taking Ids base on balls, coming hung on Fiint’s hit te rghit and Foley’s funble, the same sending Wile # Jamson to third, whenee he was brought home on Quest’s hit to centre. In the ninth 3 Gore flew out, Kelly renehed second on 4 Rowe's wild throw, and way brought home 4 by Anson's two-bagger. Willlamson hit i safe, but was foreed out at second by Durns, and Ansort was caught stealing third, vlas- ing the gine. Powers? waplielng wits 0 great Jmprovement over the other two games, though both elubs suffered slightly from poor deelstons. ‘Two thousand people were present, and the enthusiasm was very great, Doth ciubs being lberally .applauded, Pole Jowlng 1s THE Scorn, 2 E : Bugato, —|—| — Foley. 1. aa aol O'Rourke, BEY) tf ay sho Beouthers, ). 4] 213) 41 a] of 0 ‘ Itlehurdaon, &. 4) 4) a} i pope Waite, 10. 4,1 ae) ap aya Peters, #, 4} aa) 8) ahaha : 4}./ 1) 5) 3) ol 6 i 4} of.) UO] alo 4] o] uo u sas) 10121 97]27] 10] 3 5} a} of a) 3} of o ‘ 41) sh als} ole 4} uilapapela Anson, Ibeand-e... Bh ala} ats) i] 0 Wiihai a} 2) 2h 2] ipelo rt HO} O) GL a) ah i 34) at) al ayo Flint, 4] 0) 3] s[ ol 0 Queat, 4) 31 8) #[ 3] 3) 0 ; ‘Total... « CoP ULE 2 Tnntiye— Teg So. Butfato.. 2 02 ¥ Chicago uv Earned runs—Bultalo, 7 ‘Two-buse bits—Lrouthers, White, Paters, Gore, nson. . Three-base hit—lowe, First dase on ballé—Butfalo, 2: Chileno, 3, Firat base on grrors—Buttio, 1; Chicago, 1. Struck out—O'Rourko, Lynch, {tivhurdson, col. it Left on basea—Buttat Chicago, 7. Double play—Burns-Aneon, a Pagied tatls—OU'Rtourl Filut, 1; Kelly, 1. “4 Sy pltches—Lynch, 1; Cureuran, 1; Wil son, f Time—Two hours and thirty minutes, Umpire—Pai! Powers, ‘ DETROIT Vs. CLEVELAND, 3 Spectal Dispatch to The Chteayo Tribunes e * CLEVELAND, O,, duly 20,~-Cluveland stock took a big tumble to-day, Detroit oning : swith ease, MeCormick was presented with cae aluce bouquet when he frst appeared at i bat, aud then alowed the visitors to bat the ‘ bull all over the field. Derby was In exeel- 7 tent telin, aud ale the home wine grently, s The vishors v on thelr mitsele, wating hard and doing good flelding, while the home aiine dlisgttsted a majority of the 900 specta- Es lors by weak batting ‘and loose fielding. 2 After “whitewashhye the Clevelinds in the first Inuing the Detroits went deand the fun commenced. Kalan, Powell, and Mouek tude two bases; Hanlon took iis base on balls, and three rung were the result, two of them earned. in the second iming. Glasseoek scored on hls hit, good bastestent> + Ang, and Gerhard’s witd throw, ‘Then nine etrolters took turn at the bat. Four rns B were scored, on Lanlun’s howe ran, Wools two buses, singles by Kula and Bennett, and 1 total of four errors, none of the rns Dbelng earned, After this the game was more even. ‘The Clevelunds scored two more rns in the fourth fining on singles by EDU ps gud Glasscock, and Nolun’s two-base drive, The Detrolts nue their tiwl run in the ttt Inning, Derby mien three-baser and xcored Ba on Whitney's long fy to Shatter. Sullivan, i of the Akrons, has been engaged as change t tatcher of the Detrofts, daningem 129456 40 Fieldiy Hovland, ey et tol ul error—Cleveland, 6; Detroit, 2, ‘Swo-bnso hite—Nolan, We " Beate DHA hie ty Wood, Knight, Powell, yy wae hit—Derby,, on ery ou fendvigs ! rat bite on i8—Claveland, 11 Detralt, First lise on abrora—Cievutune 12 Qerruite®, TULL Ulit—]he uly “Ne Brudley c, Homaon ca, Burby. ht. Nolaw, Halls callod— MeCocinluk, Derby, Duutie pluse-SolaneFuitiipertéunse double plays-N Oy i Gurhurde bowel gras Te aikews steCormioke, 1. inat Thos—One hour sud forty minutes, Dumpire—Dovacher, i. : occtay pLohtON Vs. THOY, * vee Nspatch to The Chicago Tribune, Tuoy, Ne Yn July 2—The game today ‘Was 4 comedy of errors on the part of ‘Troy, Cusking and Forguson ulus poorly, An enorof Casking and a threo-buse hit by Hornung gave Boston a run in the third fining, In the sixth the bases were fled by whit of Lewis and errorasof Forguson and Caskins, Burdock then struck ont, and Ewing attempted a triple pluy, but tailed to ouch home-plate, ang only put one man out nul: Lewis” scored. Wh tay afterward Aultied on an errorof Caskjus. Hits af Lewis, Burdock, Morrill, aud CrAviey earned a rut nthe chet ini, wid tha wide went out with the bases full, Fur ‘Troy, two runt Sere scored on the hit of Connors, errors of ‘f wt Y, Houck Crowley and Burdock, and the, hit of Ferguson, ‘ Innings 123450789 poston doug 0 dong Huse nity~Tsby, 37" Noston, ad Errocse-Troy, 45 Mouton tun eurnedtiiatonehe Phree-base bit—Hornuug, 4 Bases on balls~fostan, Huses on crrori—Hostun, 4% Troy, 3, Struck out—Burdack (2), Hornuby, Hankins wl culliad <Wolch 4 culled—Welch, 101; Wi 3 2 sirikoyeullod—Weleh ay Wate do fs i "1 an + ! Uinpire~litghamn, HEU tallntteoe; WORCESTER V6. PROVIDENCE. ‘ Bpectat pasate tia ‘Fribune * ROVIDENCE, It L, July 2.—2hi ceaturs hud uo iilloulty In Whitewasitny ao Provideuce, The Inter were weak at the Dat and supported Ward poart: ¥ points, MeCoruick, on 20 a mae ‘ pungulticently suppdrted, ly base on ‘balls e Delng the on fy exes the Worcesters had, The aa (#ruvidency nine plays Iu Philadelphia with the Atinnttes on Saturday noxt. Seven hundred people were present. Innings— r2ad6078 | 00029 0 2 Providence ..: 000000 0 0-0 Enrned runs—Woreester, 3, ‘Two-base hit—Dickerson. i Hise Uits—Worcester %, total 0 Providence 7 otal 7 Errore—Worcester, 10; Providence, 8. First havo on balts—Creniner, Gross, Firs dene, Struck out—Trwin, McCormick, Halls called—MeVormick, 024° Word, 48, Strikes oulled-—MeCurmick, 103 Ward, 1. Double plave—Carponter-Stovey, Creamers MeCormick-trwin, Purrell, Vaseo.t brll—Grogs, 1. Wild pltch—-Ward, 1. Pime—Ono hour aud thirty minutes, Unipiro—E. J. Callahan, of Boston. a THE OUICAGO MERTING, FOUR GOOD BACKS TODAY, Tho heavy rain yesterday morning ren- dered the Driving Park track unfit for use, snd consequently tha. raves announeed for yesterday were postponed until to-day, when they will be given in addition to tho two which occur regularly on the program. Ln ordor that all thy races may be trotted out before dark, the horses fi the first event will be called up promptly at to'cloek, ‘Che start- ers in each rive are its follows: Free for all pacers—Lucy, Sorrel Dan, Boy, Mattie Hunter, Ben Hamilton, eps Lom, 33—Rolla, Dan Donaldson, Elsi Grol, Envoy, Argonaut, Lady Thorn, Jessia Dixon, aud Unolalla, 2225 chiss-Abdallah Boy, Fanny Wither. spoon, Bred Douglass, Big Sonp, Josephs, Alta, and Florence, Ly class—d, 1, Aaians, Troubadour, An- nie W,, Indicator, and Rosewootl. 7 Hselling Inst nicht was as follows: class, Argonaut S17, fell S25, Mattie Liter $25, fell $10, 10 1. Thomas brought $100, Ane W., SH, Indicator mise On orrors—Worceator, 6; Trovi- Pacing ra the 2:30 rac Yroubadour $20, $6, and Rosewood CLEVELAND, ENTIIES, Sveclal Dispateh to ‘the Chicago Tribunes Chuvinann, O. July %.—The followhe horses have entered for the Clevoland Club races next week: JULY 26, 2:90 elnss—Tom Iuwndricks, Ambassador, Humboldt, Flora F., May Morning. 2238 class—Flying Clourl, Ruekey, Chester Te SHEE, Ville Cloud, Lay Belle, Anna ID, class—Jewett, J. 1B, Thompson, Ed- Thorne, Minnie R, Kate Sprague. sdUEY 87, 2:97 elass—Executor, Stella, Arconant, Rolla, Annie isiy Grit, ‘Vroubadour, ‘or all pacurs—-Lucy, Bay Billy, Sweetzer, Rowdy Bay, Ben Hunter, Little Brown Jug, Sorrel Dan, ‘Trotters with running mates—Great Enst- ern, Monitor, | 21 Ww 2 JULY 28, lass—Euwitt ‘Thorne, Pedmont, Lue ey, Voltaire. 2224 ehiss, (two-mile heats, trotting or pae- Ing) —-Calintey Granger, Pete, Rip Rap, Mis- tletoe, ‘Trunx, Amber, Redwoaid, ‘Tariff, Rock: ye PD Morris, Clnetinatl Bay, tis. Mambring, yy dt, Hardwood, Burt Sheldon, Kittle Wood, ‘hiss doll areka, 2:15 elass—Charley Ford, Midnight, Rob- ert McGregor, Hopeful, Trinket. Alesaunder, Orange Girl, Trine od, Driver, Almont, dry. Prospects, Maltd, ‘annie Winterspoon, Ifelen, Site ovence, Kate Metall, Abdattalt nilala, ‘Peroubadour, Rienzi, OTHER TURE NEWS, ' SARATOGA, SAnatoaa, N, ¥., duly 20.—Firat race, purse Suv, three-quarter mile, Uynwassa iirst, Valparalsosevond, Hermit third. “ime, Laly. : Second race, pitrse $250, ono and one-eighth inlles, Boulevard first, Viethu second, Duke of Montrose third, ‘Time, 1:30y. # ‘The third race, one nitie und 400 yards, was won by Ripple, Orlole second, Evle third. Time, 2:14. ‘The fourth race, for 2-yent-olds, flveeighths of at inte, wis won by fi undumede, Wyorlng second, Glance third. ‘Time, Livdlg, BUFFALO, DBurraro, July 20,—Entries for the Cireult raves, Atizust 3 to 6 Inclusive, foot upto ilhety-four, ali classes filing, with several yet to hear from, which will make the ag Rregate over 10, “The Sst is the Jongest in severaLyenrs, and overything points to one. of the best imeetings ever held. "The $22 class inchtdes Forrest’s Patehen, Argonaut, ant Humboldt; the pucers, all the noted ones; the 2:31 cla: Piedmont, Voltatre, Dan Smiths the » cliss, Charlie Ford Midnight, MeGrexo Hopeful, ‘Trinket, and Sania Claus; the 2:19 cliss, Aluxander, Mid- night, Wedgewood, and ‘Trinket; the 3:0 class, cloven entries, Maud S. and St. Jullen will trot ugalnst thie, YACUTING. MEETING OF THE citeAGO YACHE chim was held Inst evening in tha club-room of the Sherman House, Commodore Griswold In the chair, ‘Tho report-of the Regatta Committee was subinitted aud adopted, ‘Phe regatta 1s to take place Saturday afternoon, and all yachts are ordered to ussembie ti the outer basin at 1:30 o'eldek, with heulsatls down, ‘The first gun, to get ready,” will bo fred at tht hour, und at o'eluck the gun to start will be fired from the yueht Corn, and all yachts are ordered to et under welgh atone nt that slznal, ‘The tinw of starting will be taken from the pler off Van (nren atrect as the Yachts pras ont, and the thie ef return will pe tikes ig the ynehts pass through Into the nist, ‘The courses are as follows: For schooners and yachts of the first clrss—from tho open- Ing of Van Buren street, northerly tot stuke-bout olf Bolniont avenue, (hones to the Walter Works Crib, thence to a stuke-bont of ‘Thicty-uinth street, thenes return to the pluco Of starting; for suchits of the second and third class—tho sume as for sehoon- em own first-class yachts, except the course around the Cribs tor yuvhts of the fourth class—nround the Crib and tho stake: boat of ‘Thirty-ulnth street only. All stake bunts ure to Dé passed on the starboard, ‘To entitle any. pach to take second money in her elasg, ut least thre yachts must start in her class, ‘Tho race is not contined to boats bu Me tu tho membors of the Club, but Is frev-tor-all,” . uwing prizes are offered: Firat Ze, So; secoud class—tirst prize, S25; second prize, 515; third elass—firet prize, $20; second prize, $t5; fourth eliss— ltst prize, 515; second prize, 310, ‘Lhe Judges tire to be Messrs, BW. 'S, Brawley, fo Tt Ellis, S. Baker, aid Messrs, W. i, Rood und 1, P. Stanley are to vet os wltore hates. ‘Tho judges’ boat 1s the Brot Larte, The following entries were made lust even: Ing: Second classy — Ariet by, George Weir: Marry Burke, by KF. Pottioone; Ina, by ‘0M. Bridle Third clan Peri, by + Syery: Zephyr, by WW, B Harn; Goodatiough, by J. Skelle Fourth elas —Fleetwing, by Hurry | dlersony Wonder, by A.W, Cleave: Tancoli, jby J Jacobson; Igo, by J. George. ‘The yuehts Countess of Dulforln and Cora ure to gull aver the course, + An invitation was tread from the yuohtss gwen ot Uslikosh toa regutin which is to be held In that suburb aban early date, No wee ton was tuken upon It, AQUATIO, NAMILTON, 0} Tasinron, Ont, duly %—Tha regatta of the Canudlan Associution of Amateur Oars- took place to-day, Large attendance, ie first race, ryged skit, was won by Graham, of ‘Toronto, ‘The second rice, palr-gured, was won by the Albanys, Doe trults second, E Boy, A SPECIAL Baker Pash: Sanustiny Letters Linker Pasha recuut!: * oappoured in London, Bud at Orwt was pecelved with decided coulngas Uy ull but a fow friends who hud stick fo ulin all through. Although bls Roy iuther js docided> i Sduwn on ex-Col Wakor, the Prince of Wales, who was an old chuw of hla, stood by bin, ang uu invitation tu ding with the Prince, whlch, Was tuudy pubiiy tn all she nowapapers did och 1a restore the ch} devant Colonel to ila former poaltion. Inyitudons to many: houses whose portals bad previously bepn closed aguinst him rapidly followed, anddn a short Ume Valentine Baker bevawe ratuer the fusion. ‘Tuoretily remained one thlug to make bia position as oud as evar it van be fauln aud that wie bis redice. while Bo formants neasiets aU ot moumbey,—the Army aud Navy Club. To this ho has bvou soudmitted Dy & Vote Of US to BS, THE RAILROADS. No Change in the Status of the Trunk Lines Passenger War, Why Enstward Passenger Rates Are Not Affected by the Cut Westward, Closer Connection Between Florida's Orange Groves and the North. Consolidation Results. in the Formation of the Kew York, Pittsburg & Chicago. WEST-RBOUND PASSENGER RATES, Some surprise is expressed by those not versed in tho mysteries of ratlrond mannge- iment becnuse west-bound passenger rates have gone all to pieces, the rate‘yesterday Delng but $8.50 from Now York to Chicago, while the enst-bound rate remains firm at $15, the same that Ins been charged for some months past. ‘Those ‘people think-that the east and west bond rates shoult always be the same, and they cannot see how the east- bout imte enn be maintained when the west-bound Js not. ‘The enst aud west bound rates are the samu only when all the Mines adhere to the regular tariif rates, Whenever these are cut they are never alike, ‘Thecauseof this tsthat the tnitial nes always make the rates, ‘Thus the New York trunk- lines tinke the west-bound rte, while the Western lines ake the eastbound. In the present conflict it happens “that the New York trunk lines are tlghting each athor, and the Western nes have no hand in the anatter. ‘Tho war ts therefore earried on by the Eustern Jines only, and nune but the west-bound rates are affect, A war of this kind could not last very long, ia eutin West-botind rates would lio carry with ita war in the east-bound tariffs. In seh an event the war would infllet. such diinages upon the various roads that none of them could stand tho conilict very long, and penca would have to bo nde inn few days. Ag it 13, However, tho thehting roads can stand the war any length of thie, In the first, place, the legitimate. west-bound business is very Nght, and, therefore, the low rates rather help the ronds than otherwise, ay thereby Lusiness ty grentiy stimulated, Most of the peopletaking advantage of the low west-botnd rates have to return East again, and In going, back thay hive to pay almost fullrates, ‘Thus the roads get quite afair rate for the rounl trip, and. besides, business is heavlor than it would be other. wise, About a your ugo, when the Missourt River rowds were fighting « bitter battle, rates from’ Kunsas City to Chicago was ii cents. Of course, there was no inoney in that rate, but the roads got even uzain by charaing the full rate, $14.80, from Chicago to Kansas City, thus getting one full rate for the round trip, which, considering the Increase In business, Was notso bad after all, and the ronds did not -lose so mineh money as was generally supposed, On frelglit business” the condition =—at present ig” Just revgrsed. Eust-bount rates ‘on all classes of freight are belng badly cut, whily. the west-bound figures are tally malntatnadt, ‘The eause of this Is that the West-bound rates are controled by the four Now York trun tines only, which can keep up the rates as long as they choose, ne mat- ter how linrd their western counections are fighting, i TIE PASSENGER-RATE wat. Spectat Dispatch to The Chtcaoo Tribune. New Yon, July 20. ‘he war, in railroad rates for pitssengers still contlines, with no present prospecbof anend. At all theofiices of the trunk Ines ‘tlekets to Chlenago, Ilnited to three days, are being sold to-day at $10, and to St. Louls for St825, while at the “senlping * ollices they enn be purehused SO cents lower on each. If asked whint tho price would be this afternoon or to-morrow, an agenyor a tronic Mneon Broadway sitid 1b was Impossible to tell, tt might bo $9 or It might be $8. to Chieago, ‘The order to reduce or ralse the price would be sent out without any previous intimation, Ile for one wished the war was over, as JE was very exhausting to be continually ane awerlng tho question, “What ‘ls the price of nm ticket to Chicago?” — Is is salt by the’ regular -Ucket agentt thatthe “seupers’? must be Josing wnless thoy are tn Teague with some one of the con- testing roads, und get a small commission for diverting travel.” Uniess this be the ease they would have to pay $10: each: for tho tlekets they sell at. 2050 Jit may he they rre wil ling to suffer the slight. loys for the purposs of udyurtising thomselves, for with overy rallway ticket they sell Is given abusiuess card with n request to call wate on the return to the elty, ‘The frutelit agents suy they roo minking ono “eu trom tha scheduly: prices. but — at ue same tine swell. known all ore trylng to get ns much as possible. Entel representative of x Ine xeenses his nelghbor of making lower rates. while re- wualulng frm hiineelf, At Commissioner Yink's ofica it wassaid no Information could be given, as It was not there known that any speelil ling was entting rates, nor could It bo said when any meeting of railway represent- atives would take pice, | PENSACOLA & ATLANTIC, ‘The Loulsville Courler-Journal sayss Gen, De Funink arrived yostartay from New York, where ho big been ott buainess connected with tho Luulaville & Nashville Hou, ang more especially with tho Pensacola & Atlante, of which rod ho ts President. Gen. De Funiak eny's this Hnportant rond will he pushed to com pletion us rapidly aa inoney and libor can do it, The importance of thts rond I4 not very well un- derstood. Ht extend from a point Just nurth of Pensucola to Chutinhoochle, where tt connects wit tho road from Juuksonyille, thus opening tho whulo Flovida peninsula to railrond trate. vo Souther State Ids tinproving more rapliily than Wloridas it seoms to nave a fascination for tho inon vf tho North and for Norwbern capital, Fioritia products cspeciaily needs rapld trang portation, which this raul will secure, Bvory Jer new orange groves begin to yield, and the Kren given to the cultivation of wirly vexotnbles (soxtented. This now rend brings tho lange murkets of Louisville, Clneinnath St. Louis atid Chicago inte inuch closer connection with Flore Ka, ond Lereafter wot so large it praportion, ot orida oranges and vexetubles will go to Now ky The (nw also rung through valunule tine dunia Tor fifty iniles, It mukes Fiorida more udsibio to the tourist, and itd pussonger traf will undoubtedly ha larger. ‘Vhe Mauliities of the Company are $3,000,000 fortyeyeur 6 por cont bonds tidorsed: by the Louisville & Nushytilo Compas 000,000, 4, a of stock, of whith the ‘Louleviile & Nashyvillo tes 15.53) abared,-a controlling luterest, Gen, Do Funhik extiates. the tice reyenua of tho roul for tha treat year SI71280, und he Knows komothing of the cipucltics Of Suuthorn rouds, ‘Vhis is certaln to mnerease rapidly; but it puss the iterceton tho bans and percent on tho no ron bis alse some vory valuable atovl han Wnts, vonsisting, Mrat, uf Sinty landas seco, Unitad Stites grant ta Rtala of Flare day think, 00) aurea of und per nile and, fram the internal tmprovemunt kinds nearcat tho rout, Jn ill 6,000,000 ures, and It fs oatiaatod (40,000 will be rontized ‘from tho sulo af pine hands uy fawt vs tho road reaches thom, It is not generally known that Hoda is larger than New York, tho arga of thu latter helug. 47,000 agar, niles, while that uf the former in 8,00, Gen, De Faniak will award contracts for tho ontire roud in ufow days, In view of those facts u Htthy enthustasin Is excusable on the part of the Presidont of the Atlantic & Ponsucola, i PORTAGE & NOUTMWESTERN, «| Work has been commenced on the Portage, - Westbourne & Northwestern Ratlrond, “Pals ronl, which counecta with the Candian VPacliic at Portage ln Prairie, Maultoba, has charturs from bath the Manitoba and Domine fon Papliamwnts. It fs intended to run fram +Portage northwesterly, following generally the route chosen by the Government for the Canadian Paciio maln line, but which waa abandoned on the Company taking all the work from tho Goverment, ‘The proposed: routy of this road passes through Gladstany, wtown Tocnted In the Valluy af tha Lite Guskitchowan, crosses the Uird Tail Creek a few iniles buys Bostle and» tho Assinibolug, near tho jouth “of “Bhell River, thenea leading —erthiwesterly for Prince Albert, on tho > nortit branch of the Gront Saskatchewan, 880 miles northwest of Winnipeg, and whore there {3 urendy a large suttlenjont, ‘The road passes through » country easy for constriction, the only: sully ditleuls atid exponsive portions of the work being the crossings of tho Little Suskntehewnn, Bird ‘Call Ureok, Assinivalue and Ureut Saskatchewan ivers, ‘The 1: io land ] along the route la in the vory heart gt the fertile belt, and much bolter worked thin further to the South, A NEW BELT LINE. Spretat Dispatch to The Chicago Tribune. SruNnarieny, 1, July 90.—Articles of tn- corporation were to-day fled with the Scere: tary of State by the Belt Line Ratlrond Com pany, of Chicago; captial, $5,000,000, ‘The articles authorize the company to constrict arailrond froma point on Luke Michigan at or near South Chicago, running thenes ty a polntan the Chicago, Burlington & Quiney in the Town of Cleero, thence -to the south line of the Town of Jefferson, theneo to the Chicago & Northwestern tracks near thelr intersection with the northern Huts of Lake Ni nnd thence east to Lake Miehtran, ‘The corporators nnd Directors are Albert Keep, Marvin, Hughitt, Thomas Jf. Potter, anit Wittlan Ik. Ackerman, Chicago: Charles E. Perk Burlington; Bonry bb, Leilyard, Dotroits A. T. Osborne, La Porte, Ind.) and Elijah Smlth, Boston, rent & souruwesrern. In the foreclosure engu of tho Chiengo, Pekin & Southwestern Ratlrond Company, an order was made yesterday by Judge Drummond stating tlintan order was made July 15, 1881, referring cortaln claims to tho Master, whieh accrued more than six months prior to the appolmment of a Recelver on the Bist of October, 1877, and It appenring that a Receiver was appointeil by the State Court in the case of tho United States Rolling stock Company against the Chicago, Pekin & Southwestern and others on tho 1h of June, 1877, it was ordered yesterday that the Mas- ter, In addition to the order of July 15, also find ayd report alist of all the claims which averted agalust the Road more than six months prior to to June (9, 1877, ‘The Judge reserves the right, when the report is made and filed, to determing whether or not such elaling shall be held valid and shalt be patd In preference to those of the mortgagees, y A MINING DEPARTMENT, The Chicago, Milwaukee & St. Paul has Just published the following important eireu- lar placing In the handsgof one man the en- tire manngement of its mining operations, This has been found: absolutely hecusenry since the purchase of extensive mines in Ue ols, Iown, and Dakota, ‘Phe elreular is a8 follows: . A ‘fo all concerned: A departmont has beon cre- ated ombracing the mining operations of this Company and the supply and distribution of cual from our lines, Mr. 11, W. MeNelll-hus beoo appointed Superintendent of said department, with full control of all employéa in auch servicu, Mud power te contract for coul supplics, Hla orders in regard to thia will be respocted,-and all communications relating to tho sumo will bo addressed to blin at Siiwnukea, NEW YORK, PITTSBURG & CHICAGO. Nannisnuna, Pa, July 20.-rArticles of Agreement and consolidation were fled to- ny at the State Department between the Now York, Pittsburg & Chicago Railway Company, of Ohio, and the New York, Pitts- burg & Chleago Railway Company, of Penn- sylvaula, which are now in process of con- stritetion to a polnt on the boundary lino be- tween sald States, and when united will form 8 continuous line. ‘Lhe new corpora- tlon will be known as the New York, Pitts: burg & Chicago Kallway Company, ‘The cauital stock will be $7, ,000, civided Auto. 110,000 shares, ‘The agreement Ig signed by James S, Negtey, President, and James $, Negley, Jr., Seeretary, VOTING AWAY ‘INEIR MONEY. Spectat Dispatch to The Chicago Tribune, Cnown Point, lu, July 20.—At an elec- tion held in this (Centra) township toxlay,, totako the yote of tha legal voters of the township, for or against an appropriation of $8,500 by sald township, to ald im the construction of the Chicnzo & Atlantic Rail- road, tho tax was carried by a large majori- ty. Thoright of way is already being taken Up, the Hue fs permanently located through the county by way of Hammond, on the State Inv, to Chleago, and work will be eom- menced 2g 5000 us the right of way Is taken up. :" TRACKS TO BE RAISED. Spectat Dispatch’ to The Chicago Tribune, Kansas Ciry, Mo., July 8.—Oflictals of the Chicago, Ruck Island & Puelfie, Hannibal & St. Joseph, and Wabash, St. Louis & Pacitie Rallways held a inbeting hero to-day and de elded to raise all the track. between Harlem Station nud Rauddtph, so that floods cannot Saterfere with railway travel in the future. Lust May tralns were unable to run for thir- teen days In consequences of a submerged. track between tho points named. ‘The plan has been under advisement for sume months, and now will be carried toa successful terml- nition, 3 WILL GO IT ALONE. . Sptelat Dispatehita The Chieago Tribune,» , Inpianaroris, Ind, July 29—At, the meeting of the General. Freight Agenta ine terested in the East-bound Pool Association, held In this city yesterday, ft was resolved to abolish the pool ofice’and go back to the old syatain of each road furnishing lis own rates, The otttce of Joint Agent Moore will be inuintalued, but only as w statistical bureau, NEW LOCOMOTIVES, Special Dispateh to The Chteago ‘Tribune, Erkuant, Ind, dilly 20—The seventeen new engines the Lake Shore Railway are to put on thelr rund between ‘Loledo and Ohl- engo will probably, reach here about Aug. 1. ‘They are of the McQueen & Grant works, wut are good for a heavy train, \ ITEMS, ‘The Grand Trank has purchased the ‘To- Tonto & Nipissing Rallroad, tn Cannda, Tho Unton Paciiié contemplates builiting a sete track from Omaha to Valley June- tlon, af, : Excurslonists from varlous polnts betwoen Cairo aud Etinghaméhave arrived in the elty over thy Illnais Central to.attensd tha races. ‘The visitors number some 40, and come on tekels good fur thirty days. The Clilenso, Iburlitseton & Quincy has {n- troduced's unique davies for entting weeds mong tts track lu Nebraska, [t fs attached ton flat-sar and ilrawn bya locomotive ab tho rate of twenty utiles an hour, Asn result of the consoldation of the man- agement of the Pennsylvania Company and the Vandalia Road, Rubert Jolinson, Passen- ker Agent of the Fort Wayna Itund at Kune gas Clty, will retire and outer the cimploy of the road at some enatorn polut. ‘{he narrow-gauge railroad running east from Etingham Cumving much trouble, owine to ditticuitios with ouployes, Bridizes Jiave been disabled, water-tantts destroyed, tralus ditched, and other inisehlet done,” Lat consequence tralia rin very irregularly, Artlelus uf incorporation for tho Oregon Transeontinuntal, Company: have. reesntly been tiled. ‘Tho abject of the Company Is’ stated to bo the bullding. and operating of, railroad nud telegraph les in: tie North- west, ‘The Company has & capltal of $50,- ‘Tho Julesburg extonston of the Union Pa- elie (135: niles) will, be canplated Sept. 1, Work fins been delayed by Inborers transe ported thither Jumping rallroad wark and wolng to the inthe. When completed two tralia wilt run dally ouch way, counccting with Iowa ronda, "* dt Js undorstood -that tho Stillwater ox- tenston of the St, Paul Iond is intended ag Rconneetiiie dink between that road anid tho Northorn Pacitly, and ts to ba built for the puruoas ot provaentlng: the Wisconsin Cane iy from making thie cprojeated connection thissidyof Ashiand, 94 the Northern Pucitio will not need to build the Ashland ‘extension ie the St Pant furnishes: an outlet for bts winter carrylug from-Duluth, Mr, 8. W. Cuminings, General Passenger and ‘TMeket Agent of the Fitchburg Rutlroad, hus resignad, taking eifoct Aug, 15. It ly un- derstood tat Mtr. Cumnilags will recelye tho tppolutmont of Private Seeretary to Presle dent VW, 13, Strong, Prosidentof tie Atchiwon, Topelta & Sante Fo Railroad, with: heads qQuartora nt Boston. Sie, Cumuilngs has been An the passenger bushyess fur more than sixe tvon years, and hay the'reputation of an able and very rolluble railroad man, ‘Tho Chicago, Milwaukeo & St. Paul Is put- thy tn, the feduidatiols. for 1 large rounds housu In Elgin, Jinst south of Dexter xtrout, whieh will “uccommodute, when completed, ton engines, Phy yards of this Company at Elgin tire belng enlarged constantly, and will cm extond down tote point where {he road crosses the Fox River, ‘Che Company has alyo commenced the construction of pists for a first-class iron bridge, and when cam ploved al danger from duutlug co will be ob- -tohave n certaiti amount of preinl JULY 2, 188tWELVE PAGES ~~~ INSURANC Annual Report of the Kansas Superintendent of Insur- ance. A Grittciem upon the Annual State- ments of Some Fire Com- panics, Fraudulont’ Character of Most. of the Fallures of Life Com= panies. * Statistics os to Insurance-Oporations in the State During the Past Year, Special Correspondence of ‘The Chieaga Tribune, Torun, Kas, duly t—tho eleventh dine nual report of the Stato Superintendent of Ansuranes of the State of Kansas, just issued, isthe most completa nnd important docu: ment that has yet emanated fram that de- partment, aud reflects grent credit upon Mr, Welch, tha well-known and eficlent Superintendent. Perhaps ne man in the whole country is more con- versant with the business pertaining to Insurances combanles than Mr. Welch, and fils opintons are always accorded consid- eration among insurance-men generally, He has done more In the way of throwing strong anfeguards around tha business, and pre- venting fraud and imposition upon the peo- ple, than any other ofllcer connected with an insurance department, ‘fhe following ex- tracts from the report‘ of Superintendeut Walch will bo found of public interests FIRE-INSURANCE COMPANIES, In number there ts no apparent.tack of fire- Insurance companies in the United States, Atthe close of tho pnst.yenr there were In existence 1,555 companies organized or In- corporated tnder State or Federal laws, A. very large innjority of these companies, how- ever, are town and connty mutuals, confining thelr operations to their respective localities. Besides the companies organized in this country, thera were fifty-five compnifes or- ganized in forelgn countries doing business in the United States, making a total of 1,010 fire-insurance compantes in operation In this country, Tho compantes originating hero ure located In thirty-three of the States and the District of Columbia, ‘leaving five States without # placo in the list—viz.: Arkansas, Florida, Kansas, Mississippi, and Oregon. INCREASH OF CAPITAT. Since tho Inst report of this Department the following companies doing ‘business In Kansas. have Increased thelr eapital—viz.: Fireman’s Fund, of San Francisco, from $300,000 to $740,000; IInnover Fire, of New York City, from $500,000 to $1,000,000; In- surance of North Ameriea, of Philadelphin, from $2,000,000 to $8,000,000; Springiletd Fire & Marlue, of Springfletd, Mass., from $760,- 000 to $1,000,000: Star Tire, of Now York Clty, from $300,000 to. $500,000; Phoenix, of Hartford, from. $1,000,000 to $9,000,000; National Fire, of Unrtford, from $600,000 to $1,000,000; Orlent, of Hartford, from $500,000 to $1,000,000; Aitun, of Ilnrtford, from $5,000,000 to $%,000,000, Altogether there are sixty-two fire companies doing busl- neés in Kansas, and ‘thelr exhibits are based upon an unearned premium linbility from 25 tu 125 percent aboye the standard fixed. by law; and, notwithstanding this, no company appears without'n handsome surplusof assets over all Habilities, For more than five years tho compaules composing the list authorized to don fire-Insurance business In this State have not been disgraced -by a siugie failure of any company In such list. ANNUAL STATEMENTS, An annual statement of un insurance com- pany Isa atatement .made yourly .by tho ofl- cers of tho company for tho avuwed purpose of furnisiiing rollable inforination of the condition and affairs of “the Company * at tho date for which if was made, and for tho year ending on that date, as will be seen from the langunge of the certificate, which says: ‘Che foregoing statement, with the schedules and explanations thereto nunexed and by them (the officers) subscribed, are o full and correct exhibit of all tho Mabilities, and of the Income and expenditures, and of the general condition, and affairs of sald Company on the Bist day of Deceniber last, and for the year ending on thatday” Not- withstanding the clear and unmistakable lan- guage of this onth, there are annual state- mounts on fila in this office elatming certain exiibited conditions and affairs to exist, while with equal eniphasis, In the same or a subsequent statement, it 1x claimed thatsuclt exhibited conditions and affatrs do not or dtd uotexist. For instance, a company elainy. tus in course of collection, not hifrequantly HUNDREDS OF THOUSANDS OF DOLLATS, and asks to have credit for the sane as an Asset; and, in another part of the saine or in A subsequent statement, an exhibit of sources from which premium. Income was derived, positively declares that tt has no premiums in courad of callection, as at first clalmed,— ong declaration or exhibit belng a positive contradiction of the other, both macy by the gaia company ofiicer, ‘There are othots of these statements whoreln the companies de- clare that thoy have no souree from which to derive premium Income, except from pre- uyluns: on risks written during the year for which tho statement was mado; that is, that none of these compantes had premiums from previous year's business In course of collection, when the year for which tho state: ment is madd commenced, , ‘These same com- panies dan ie on toexhibit s premlun-in- come recived in cash equal’ to the full In come-producing source as shown tn their visk and premium exhibits; and, atter dolig this, set up a chin that large qmount ‘of: premiums are in course of collection, for which the Company should lave credit asin Ussut,-~that ty, that tha premlum-fneane-pro- ducing soured has ylolded a premluneincone equal to: its entire solt, and at the same tne itis expected to yield still more. Again, there age othor aumiial statements whereln it ds claimed that the company receives from prmalians on risks written «cash premium neome, year after your, + IN EXCKSR OF THK ENTIRE PREMIUM towhlch Itshows Itself to be entitled for risks written, ‘Those annual excesses are hot mere unhuportant fractions, but, by ag cremiting thai for n few years only, It will Buon thoy uttain -in-sonie Instances hun dreds of thousands of dollars, i ‘ Tn wn oxtengive correspondence with tuo companies ln reference to these matturs, It has aluiost Invarinbly beun the ease that thore have been attemptsat plauslble explanations, by charging the errors to “aur enstan,? our mothodlof hookkuopiig,” ute,, or other Irrelevant apologies live besn mate, entire- ly doveld of atl power te change such facts us ne cortilled to exist In anual statements, Mathomation! facts, capable af a strict deme onstratlon, ay the condition and allairs of an insuranee company are properly understoad to be, cammot be and aro not changed to sult wnderstood methods, customs, or ene prices, auy more in the making of! annual statements of. Insurance companies than $n the making of proofs of lass by the Insured, Pompanies of leas Hunnelal worth than those herein alluded to: have, in’ the making of their annual statements, availed themselves of the peowlincities uentoned, and Insirance dopartnents haye allowed statements “thus inada to pass ax correct, and thereby these companies wore enabled to cover thelr rat. tonness and to lmpose thelr worthless poll- cles wpon the people, on . FHIECINSURANCR STATISTICS, ‘ Under this head a number of, tables aro given in the reportof the Suparintenden showing the oxtant of the busliiws, which may bo summarized as follows: Table No, 1 Oxliibita In detall,. aid marino -bualness done in’ Kansans uring the year 1880, ‘The ontire amount ot risks written was, $44,041,¢ ylelding to tho compantes Su3.0H.00 {in premiums, showing an avorage prouium-rate of 1,49 per. cont, which ts within 00} of the averuge of such rate for the lust ning years, it being the gaiue rate as in tho yours 18740, The tne cronse In amount wriften over 870 ls $10,018,- $20, or within a small fractlon of 80 per cent, ‘the lnerease In aggregate bremliimerecel pts over the previous yeur ts $148,703.44. “The Josyes pald to the insured of thig Gtate dure andl, Hf the failure ts not explained al by companies; the ‘fire |b: ing 1880 amounted to $253, equal to 88.46 por cent.of the pald by Kausas, it being 3: than the average for nities figures show that not only Inalness rapldly Wareasing In this State, but that itis a profitable field for the insurance companics, ‘Table No, 3 shows the entire amount of rhaks written by cach company, not only tn this State, but cisowhere, wherever the come panies were doing. busipiesss the amount of premiums. recelveds” the amount prid for {oasens tlie amount paid for expenses, in- eluding al Josses and dividends; the per cent of losses patd to promiun-iicome, and the per cent of expenses tu such income. Its, in short, A GENERAL EXINNT of tho insurance Dditsiness and its results, unmixed with any other. The insured imay learn froin thls ‘table that the business of Hre-tnsurance lias, in a tinanelal sense, two sides to lt, It shows that exch of ten of these sixty Avo compattivs operating here pald unt for fosges and expenses an amount groator than they received for premiums; that clovan others’ lasses and expenses exeneded 05 per contof thelr respective premltn-ine vomes;. and that thirtean others lind less thin 16 per centof tha amount they had re- colyed from premitns leftafter paying losses: and expenses, ‘These sixty-two companies, aga whole, after writing dri the aggregate $5,010,070,165, for whieh they received from their thousands of agents $40,290,083 in pre- mmlums, found at the close of the year that they lind pald out for losses and ‘oxpenses 80.8 per cent of stich preminiusa, leaving but 0.3 per centofl these premfiums as compen: sation for the risks they assumed, and.to pay them for the use of the capital invested. ASSETS AND LIAMILITIES, Another table exhibits the relative financial strength of the companies doing bustuess tn Kansas. In total by elayses It 1s seen that the. forty-four American companies thoroin named possess $82,276,100 of assets, and ave Habilities (ite eluding $20,145,283 of capital stock) of S57,- W864, or Tinbilities tess by $25,145,03 than 08.61, which Is total premiums ner cent less rs past. "These is this, tne of thelr available assets; and that the eighteen United States branches of the foreign com- panies have 005,005 of assets, with Sil,- 412,253 of Muabliities (no capital stock in- eluved, agin tite ease of the American com- panies),—n surplus of assets over Habiiities Aindunting to $12,403,80% It ls further shown that the nggreente assets of the entire number ofcompantes reported—sixty-two—namount to 100,180,701. aut that they linve $08.014,110 of Hability,, Including the $20,857,200 cap Ital stack of the Atmorican ‘companies, Ex- eluding Uhis cavital stock from such laotlity, it will be seen that their entire linbility on pollsters necount Ja but $39,784,016, or ut fittle more than one-third of the nvall- nble assets thay possess as security for their linbility. “*What other geuural. business,? Snaulres Mr, Welch, “has an equally strong nancial backing us that of thasy sixty-two fire-insuratce compnates Heensed to do bual- ness In Kansas 2”? 3 TIFE REPOHT. But thirteen Mife-lnguraneo companies are authorized to do business in Kansas at this tlme, At the commencement of the year 1890 there Were 3,000 policles 1u force, in- suring lives to the amount. of Sa Durlug 1880 there were written, 1,805 policies covering risks on residents of Kansas to the funoynt of fae eek by the terminntion of 1,115 policies ‘$2,180,005 was canceled, leaving In force at the close of the year 3,886 policies, representing $7,141,558 Instirancee,— in tnerease in number of policies of 280, and in amount Instired $75,814, for the yerr. ‘The thirteen compnuniies reporting have assets of the gross value of $308.270,735.03, vom posed of general items os follows: Real es- tate, $41,026,432,00; bonds and mortgages, 77,044.80; United States bonds and se- es, $22,050,720.403 other stocks * and bonds, $5 496,050,835 loans: on ‘collaterals, 3 to policyholders in the A $18,428,020.81; Jo form of premium-notes, +S11,844,800,80: in offices and banks, $15,583,785.17; di and wnpald Dron aings, $2, 137,801.83; other by 5 admissible assets, $4,075,160,25. LIABILITIES roa INCOME, The same companies have an opgrogate lability, aside from capital stock, of ‘Sone 475,451.58, or an amount less by $51,705,289, than thelr gross assets, Theltems of income for the past year were as follows; For pre- minis, cash, $40,500,580, 11; nutes, $652,502,53 ; Interest, $18.3H,01773; rents, S1,220,177.02; other sources, S11,512,205 making aw ny ure gate of $54,170,850,18, "In. tha form of ox- weniditures, the ‘thirteon* companies , ate horlzed to operate in Kunsna —dis- bursed $20,803,921.85 cash and $407,809.77 In notes forlosyes; $0,080,333.22 cash and Sit6,- 570.41 in notes for lapsed and suerendercd polices: $9,845,099,46 fn cash snd $710,705.07 in notes in dividends to policy-holderss 8102,- 025 In dividends to stockholdars; $3,001,980,11 for commissions to agents; $3,110,109.75 in salnrics to ofticers, medical examiners, and other employés; and $4,259,010.66 on sundry other accounts, making a total of -$48,304,- 203.90, leaving in the hands of the companies $0,800,055.23 of the Inst your's income, ; FAILURES OF 'LIFE-INSURANCK COMPANIES, ‘The most important feature of Mr, Welch's roport, und tha ono destined to. attract the inost attention, 1a that relating to fullures of Nfe-lnsurance, companies, concerning which he says: “Two of every three of the regu tor life-insurance companics of this country have failed of the purpose for which they, were organized—that Is, if that purposa was what, to the public, has been claimed for thom, These fallures “number something over 120, and have mostly occurred during this generation, and very largely within the last ten or twelve yuars.. ‘Theso com manies, brought into existence by the legisintive ennetinents of State or Nation,—whileh ought atleast to have been a gtiarantee of good character,~-«id not cense to exist, however, until they had gapped from the hard earnings of thelr thousands of. prudently-Inciined patrons tens upon tens of millions of dollars; and thut, too, after the parties Insured had paid onply for all the benelits ‘so assuringly promised, * “Thy sixty lite-insurance companies now oxtating linve hitherto been able; from thelr promium-incomes aud the earnings of thele ussets In which surplus Incomes: hive from tne to time been invested, to Hquidate all demands for losses ant expenses, togethor with every other fnanclal, demand made np on thon, nud to save and. ainass in round numbers . FOUR HUNDRED ‘And FIVTY MILLION DOL- LATS, Over two-thirds of this enormous sum is now. possessad by eight of these companies, ‘ho allure of 2 life-insurance company, with Jos to Ita patrons, is a burning shame and disgrace to the Stato or. Nation whieh, b: its legislation, brought or vermitte tb to 6be brought = inte — existence.’ Every such fatlure stands ag n witness of the fact that tho power to create. life-Instiranca companies ls not attended with the power or dlsposition on the part of Legislatures to en- act laws to control themyand to protect the people from Imposition. «fall the long tst OF failures, not ong can be traced or charged to unexpectud death-losses, Hoods, droughts, tornudoes, decling in valug of commodities dealt in, disense In herds of Hacks, five, pesti- len ar any: of the causes whick inve worked legivinate fallures In other commer: vial transactions. ‘fhe system upon whieh the buylness of Ife-insuranee Is conducted provides more than aupla menus to meet all proper demands upon f€; thia Is in part Bue cured by the premiums paid by the andl Jn Pa hy the earnings of the nssets—i right, If not in fact, belonging to the ine surid—In which surplis premfums are {n- vested, United States Judge Mughus, of the Vourth Cireult, tn an opinion i RENDERED IN DECKMEER LAST, Isncoradited with sayings. * {think that the tere fallure of 8 Ufe-lnsurmuce company: ts riinefacle proof that \ts operations have een conducted In on fraudulent manner; BUG reat casualty, such isa widespread .pestl ence, ora sudden financlal convulsion, or hyaieat ealouity, I think it is-perse proof of Superintendent Wolch further says; “Tho business of Hte-lusurance, and that of banks af ixguy, are sluulur In this; that each Issues pratulses to pry. How these promises ino urge winder of listanees, hays , been by 1ife-[nsurance companies witty ant ‘for thalr fulfilment, ay ty they havo ~ been: kept" banke Which -secure thelr circulation by deposit, the public does not need :to< by toll, The dlstinetivo dilference ,in. these methods of punning duposita ls; ‘The ins snred deposits his own funds with the man. agers of the company that isaues to hina potley of Shaurance, aid this doposlt rematns with the pitas whoeve Be. vii erage bey my; ui athe fasts tag ant maturhy "Ot Dis polloy; while tha unker makes a depostt of: his own funds ‘with # Government oficiat forthe it the holder of the notes issu by tl bank, ‘Tha banker's deposit [swith a disinterested third party, possoused of no further than to hol Instired,. ns kept 10, ‘te how always y wa Kata el het Page we iy iG be a | are tne with tho oflicery of vs companies wie hold : 5 ND CON ME BECUNITTES 2:- of syniei vate Wopoaite abeolutely consist, “ aye a full power to transfer and dispose Spor to the establishing of the National disbursements othor than for. honking system, under the laws States were required to, af de! eure thelr cireutation, nat onty to the auc? held 1a partlenlar State, but wherever gt elreulation might he. ‘Tis they ld: by hay positing with designated Stats oficiats i is na varied and of the same classes xg tin now held by life-lusurance companies, 2 mieredeposlting of sueb securities, nt of trust for renlestue owned, did not inals Jeast diininish the Income of the banks fj ba e sutarests or tetany on stocks gt wsolvents but, wi were proven insolvent,” when ‘te THE MEANS COULD TH ForNn In the Governinent’s hunds to Tedeem 9, standing notes, ° In all the hundreds of in jons that have been dupost for these Jelndredt piHrpeses thers has nut been the f of n single dollar by reason of sneh epost “Life-insuranee™ polletes are contracts to pay; but the Insure Nuver gy pect to live long enough to seo thom Matu 4 They are not only promises on the bart of, ia coinpantes ta pny, but they tivotye the i sured In the pucessity of making pasment to or deposits with, the Companies annual, or oftener during tho balatices of thelr liv 4 or of suffering forfelture of the Interest the havoin them. In the particular that the Are promises to poy elroulating banknote nro. slinilur to Hfe-polletes, ‘The nines “f bunks are promises to pay Whoever tua g the holders thereof, muking then conte Ariulatt conse aiid commited fg often HS Sitch s promises change hh lglly of oftener., is - aay be dy * As has already been sald, an abu: Posltis winde to secure the Tite-posient de sane ng Ly he eae or the. bank-note, ‘Bat when the siuilarity, of the two ease: gldered, where is ses 1s cop. THE JUBTICR AND Wisnost in requiring the securities the Inw mak necessary to be possessed for the Prater! of the 2, {00 and more banks, which notes 4 rogate’ $350,000,000, to ‘he’ taken torte Of. the officers of baukia nstitutiong nnd placed iit Govertinuent vitults, there, be not an equal and ss imperatiy6 necessity for talln from tho possosstun of the officers of le than one-thirty-ifth ‘the number of ite sitrance companies the securitles the law quires to be possessed for the [yotection of their policies, In which the holders thereot lave n present Interest of nearly $100,000.00) in excess of tho notes these banks have'ly circulation??? a LE. COTTON. Meeting in St. Louts of the National Exchange—Protecdings, Sr. Louis, Mo. July 20.—The Kxegutin Committee of the National Cotton Exchan; metattho Southern Hotel about o'clock this morning, and, after the transaction of some private business, adlourned, ‘The ath annual convention of the Exchange they convened in the ladies’ ordinary of the hotel, and was called to order by Jotin B. Lat the President, who delivered hits annuatad. ‘dress, ‘ Threo members of the Cotton-Plantey Assoclation were present, and several geutle men not accredited delegates, but prointnent in cotton Interests, were granted seats on the Roor of the Convention. The report of thy Exedutiva Council was read. It repeateds considerable part of that of 1879, especially for the extension and more careful fostering of the Agricultural and Signa! Service te renus. Itstates thatthe Washington Age cultural Bureau, as ft now exists, ‘ty of mutorial servico to. the pedple, but it is hampered § by mistaken economy of Congress, which has furnished it with means too small for the properas complishmunt of Its objects, and, unless sume improvement cowld beeifected 1n the month} reports of that Bureau, they should bo abel ed, Italso recommended the revision of tho International standards, : ‘The Secretary's navark returned thanks to railway agents, Exchanges, and will owner for prone and. satisfactory Infurmation fur nishe whiclt would presented for discussion, ‘These subjects were sudsequontly submitted to a Barineas Compulttee for tholy considers tlon, ; + The report of the Committee on Inform» ton and Statistics complained of the rest varlance in statements made by different porsons regarding the props, and suggested diferent systems of districting, whiel would keep parts of ono “State from belug merged into those of another State. ‘These reporty aro furnished and -elreulnted by the Assuct ‘ated Press, but the Connnittes thoughe they olther aught to be mudo much better ot abolished altogether. ~ ‘ The ‘Treasurer's report showed n prosper ous financial condition of the Exchange. Ajtheaventng session the following oflicers werGelucted for two years: President,L. Bach, New York; Vice-President, entry & Hentz, Now York; Executive Council, G . Eltigtt, Norfolk; W. Tl. Gane, Mobile; Mellhamvey, Mouston; Hi. i Seuter, St. Louis; J. F, Wheaton, Savanuab; George Serman, Cleclniiath; J. D, Skinner, Galveston; L. Campbell, Vickspurr; John £1. Chisb) yy Montgomery, “'Phis Councll ‘will elect the Secretary and ‘Treasurer, jouraud till to-morrow. LOCAL CRIME, Fottings from tho Police Courts, Ste _ tions, and Eisowhere. Roso Stewart and Jonnte Ives, colored, quar rotod at 10 o'clock last night at No, 68 Merldiea street, During tho fight tho Stewart wom fired three shots at her nntagonlst, wore of which took effect, Ives rotullatod by cuttlng Stewart with a razor, onco on tho right Abie and ovor tho lett oye. Dr. Plecker, whosent : up the wounds, says they aro not ecrious, Bott women wore arrested and locked up st Wout Madlaon Street Station, : At about 8 o'clook of the night of out Michucl Halen, living at No. 33 Krogor stir white out walking with bia wite and | - drua ‘at tho corner of Shotlictd sro and Kroger atrect, saw several mt brandishing gpvolvura and disoharxiny | are A way-which to blm geomed reckless an Tater Hie romoustrated, Tho mon objected tones ference on.bis part, and oue of then, ears rt wu ono-logged wan = i 7 old, on Poo utreot, turned ie. Halon and shot bim through tho lett Rozawisky eacuped for tho tng Dein, t 3 thorcaftor arrestod and arralgnud be tet North side Police Court, and, becnuss fe. Injuries were not doonmiod at all dangerous tO) wisky' wag admitted to ball under pont Es SU, Bince then the caso bus bon Ott, tuned, owlng to the wounded man’s inal appenr on the sido ofthe prosvoution,, A taret dny tho North-Side police word, ne Couath Rilen wos lying ut the conto Hospltal saisiane” attending. bia THA Intinuinadion had eot in and that poi was Hable to folluw; that amputition fa Rou neoessnry, and death might ensue, bem er tho patient's debilitated condition. Count ayer ly Rozawisky was roarrcated and bis bate fal Tolawuit tho reaie’ uf his yictia’#!® juries, — UNION ston Uno aly anethe Tenth At nual Convention of the Cathotle Abstinent | Unton of Olio was held in the County Cott Housoof this city, Oflicers’ reports shows the Union to bu ina prosperous cond!teo ‘Anmiong other resolutions, tha following W# offered by E, Mf. Brown, of Cleveland, unanimously adopted: io Remxved, That wo unroservediy condemn denounce ‘the treavheraus and vilo assitull UP “the person of Gen, Garfeld, und deo ly depend the sulfering und sorrow thereby cain him an ble familly, aid ert wo. Tospooriully: ‘ extend: ie ae aympal ane wu 4 Teiise that’ God Will spara plin. to. hie funy toe country and specatiy restare him to hls # tomer henlth and vigor, % row After tho trangaction of considerable re Hing ‘bualngss, the following uillleers tay, elected; President, tha Rev. d. W. 3 ae of Cincinnati; , Beorataty Danlet bore Bpringtich iar Willan, jt i jeveland, - Adjourned me htt the séeond \Wednesday tn June, 183% <a REDEEMING LAND SOLD FOR TAXES: § Spectal Viswaten’a The CAieoga lalate Inpranaporia, Ind, July ao Alton General Baldwin to-day rendered an op i to the gifect that, whorp Janis have bec for’ inore than the aroun of the beni taxes 1h thers, the sales nre vous thease rishios go redeont frau ed hg muat pay the full amount bid, with the penalty, ——__— “ . A Vermont Tomb. of Anew tomb at Cuttingsville, Vt. 164.c00I%, an Athentuu temple, und cost $7500. oi are door of bropze aud an junor one of tH deed are RSA en ai at ore: wo ja euch w winnie! * rolleetihg thou, give tog olfuct of w lous Yi art -wallerios, he ny guid enumerated the subjects © proictises g) .