The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-05-22
ghe Chicago Conveaaion---The
ia


For President, First Ballot - Seward,
1874 Lincoln, l02; Bates, 48; Cameron,
50R; Mclean, IL; Chase, 40; Wade, 3; Day.
ton, Ia; Reed, /: Collamer, 10; Fremont, /;
Sumner, /. Whole number of votes 465;
necessary TO a choice, 233.
Second Ballot - Cameron's name with
drawn; Seward 1874 Lincoln, 1871; Bates,
IS Mclean, 8; Chase, 42a; Cameron, 2;
Dayton, 10; g. M. Clay, 2. No choice.
The Third Ballot was then taken amidst
excitement, and cries of "Ballotp Intense
feeling existed, during the ballot, each vote
being awaited in breathless silence and ex-
pectancy. Rhode Island, New Jersey, Penn
sylvania, Maryland, Kentucky, Ohio and Or
egon, changed their votes, giving Lincoln
235, or within III of nomination.
At this point, Mr.. Andrews, of Massachu-
sets, ose and changed four of that States
votes for Lincoln, TINS nominating him by q
q majority. MIR. B. q. Brown, of Missouri,
arose and altered the vote OF that State to
Lincoln. Iowa, Kentucky, Connecticut and
Minnesota followed the example, when the
vote was counted and found to be as follows:
Whole number of votes, 466. Necessa.
ry to a choice, ga. Abraham Lincoln re-
ceived 354 votes and was duly nominated.
Mr.. Seward received ll0a; Dayton |, and
Mclean !.
The nomination being announced outside,
was received with tempests of applause by
the immense crowds.
At the afternoon session, ballots were tn
ken for candidate for Vice-President. /.
John Hickman OF Pennsylvania, N. P.
Banks of Massachusetts,, G. Nj. Clay Of Ken
lucky, Gov. Reeder OF Pennsylvania, and
| Hannibal Hamlin Of Maine, were named as
candidates.
Flrst Ballot--IIamlin,l 1914; Clay, l0l2
Hickman, $50; Henry Winter Davis, 8; Hous-
ton, of Texas, 6; Dayton, 3; Reed, /.
| Whole number of votes cast 46l necessary
| TO choice 232.
Second BalIot--N. p Banks and Gov. Rec.
der were withdrawn. The result was as fol.
| lows lamlin, 367; Clay sc; Hickman, l3
After remarks from several members tbs
Convention adjourned sine die.
APntiadeiphsa Bubble Burst---Loss
of $1,000 900.
In the Supreme Court of the Uoited Statel
Yesterday, the celebrated Santilan Lane
case, which was recently so deliberately ar
guad, was decided in favor Of the United
States, thus finally settling the title to 1
large ami valuable tract OF land immsd atel,
a0iOinlng tue CITY OF oan Erdncl6o0, ant
which has heretofore been claimed under
Mexican grant by the San Francisco Ian,
Co. Much of the stock Of this company
perhaps large part of it, is owned in th
city, and the land in dispute IL valued ct no
less han SIS 100000 II lies immediatel
back of San Francisco, and very much in th
position Of that part of Philadelphia abov
Columbia avenue, so that the natural growtl
of the city must in few years cover il witt
dense population. The decision, thoug
not wholly unexpected, caused much excite
ment in money circles yesterday. The pa
value of the shares Of the Company il $500
but they have sold as high as 81, 900 to $5,
900 theg had lately, however, reeeded t
about $500, bat during the progress of th
argument few weeks ago, again advance
to 5000, at which considerable sales wer
made; since then rumors of an adverse de
elsion have caused rapid decline, and yes
terdav, before the decision was known, sale
were made at $75. The Company owns oth
err property, the title to which is indsputet
and the shares, therefore, are not altogethe
worthless. A favorable decision would hav
run up the price of shares to $4,000. Gu
citizens are losers by the speculation to th
amount Of 81 ,000, 900 at least Pennsyl
vaaian.