Nebraska advertiser. [volume] (Brownville, Nemaha County, N.T. [Neb.]) 1856-1882, 1869-10-07
OUR CHICAGO LETTER.
From our Special Correspondent.
CHICAGO. Oetober 2 1890

CHICAGO, October, 2, 1859.
The weather appears to have an old
grudge laid up against Chicago. One
day we have it warm enough for Just
as little clothing as possible, and on
the next OveTcOats and coal fires are
indispensable. We are experience
ing the latter to-day, but confidently
look forward to q sudden change to-
morrow.
Although far removed from New
York we ere experiencing some ofths
effects of the "cOrneFl' on gold. On
! Friday last the quotations ranged from
166 to 134 and the aggregate on Wall
street amounted to $500, ,OO0, 900. Sew
eral spectators in this city added con-
siderable to their cash assets by some
ldeky transactions on that day. The
excitement grew so intense and the
volume of business was so large that
there was no gold board Saturday or
to-day. The corner was unprece-
dented in its magnitude and effects.
Almost all ChicagOans are cOnsid-
erably exercised over our approaching
local elections. The opposing par
ties present some unusual and peculiar
combinations. The party protesting
to be the regular Republican one Is
supported by an evening English and
morning German paper. The "PeO-
pies Ticket" has the support of the
balance Ofthe daily press. The stock
holders on evening German paper did
not agree when new directors were
elected the old ones attempted 70 hold
possession. This morning their ap-
peared with a writ of replevin and
carted away the entire stock and fix
lures of the office. The election will
turn on personal popularity rather
than upon party issues.
Since my last communication we
have had the pleasure Of entertaining
q large party of CalifOrnians. They
numbered two hundred and wers
members of the old "Forty Mines" or
Pioneer Society of the State. They
arrived on Friday evening and left
for New York on the following after
noon. The short time they devoted
to Chicago prevented our citizens en-
tertaining them as they would have
wished.
In looking over the city at the pres
ent time we see no reason why we
should not rejoice at the appearance.
Prominent in theimprOvements is the
erections of churches. Those compile
ted this year and in course Of erection
viii reach the immense SUM 500, 900.
The number of educational institu-
tiOns which surround the ely in the
various suburban villages, speek vol
umes for the progress Of culture.
Active preparations are under way
for the various park schemes and we
expect soon to see Chicago as famous
for her parks as for any Of the great
achievements in the way Of tun-
nels, etc. etc.
In the legitimate business world
there is no one department attracting
more attention than life insurance, as o.
a consequence of the scrutiny the sOl-
vent companies are becoming more
stable, and the bogus ones are disap-
pearing from view. The most prom
inent example of a brilliant success in
this department is the Globe Mutual
Life Insurance Company, of New
York represented in the Northwest,
by J. g. McKindley Esq, at 154 La
selle street Chicago. A large portion
of its policies are now issued on the
Registry plan. All registered poll
cies are made preferred claims against
the Or, to the full amount Of their re-
sources, which are at all times suffi-
cient to re-insure the risk in solvent
companies at the OrigiOnal rates, or
at maturity to pay the claim. The
number ofthese registered policies now
being issued by the Globe is a surety
that it works for the benefit Of the pol
cy holder.
The volume of the Fall business IS
still on the increase. 1n,abOut a week
it will reach the climax, and then
gradually descend to the ordinary
Winter trade.