Nebraska advertiser., 1869-11-11
OUR CHICAGO LETTER.
our Special correspondent

CHICAGO, November, LIST, 1852,
We are in more than ordinarily
good spirits this morning-generaIly,
because the future is inviting, and
particularly, because the cold, disa-
greeable weather of the past few weeks
has given place to the balmy Indian
summer. The clerk Of the weather
appears to have had a grudge against
us ever since last spring. From APP
pearance this morning, however, ev-
erything is amicably settled and all
things are lovely.
It will be a great relief, not only to
our citizens, but to the public eener-
ally. For several weeks past the
newspapers have contained very little
besides announcements for, and re-
ports of, election meetings, cOnYersa-
tons. in the hotels, offices, private
residences and on the streets ars all
concerning the elections of tO-mOrroW.
We are heartily sick Of so large a dose
of election and will be glad when the
necessity for it is past.
All through the month of Octobe
the fires in the city were very hume
GUS and destructive. I understan,
that one Insurance Company, which
has heretofore been very cautious. has
lost 80 per cent. of premiums received
in October. What are denOminated
"mOral hazards have been yerv
plenty of late, Notwithstanding the
precautions taken against them.
The latest news in Insurance circles.
is the attempt to form q Board Of I'm
derwriters. The one that existed
here for a long time, was virtually dis
solved several months AGO. Since
that time companies have been fixing
their own rates and acting indepen-
IDENTIFY Of each other. The principal
reason for the formation Of another
Board, is On account Of the pressure
brought to bear on agents of Eastern
companies, by the managers of those
companies. They feel saferif the bus
mess is regulated by an organization
of Underwriters.
There is a ring Of the genuine met
al about a really successful business
man that cannot be mistaken. One
of the most noticeable examples IN
Chicago, Of this class Of men. Is Ira
Holmes, Esq, Vice President of the
Manufacturers National Bank. Mr..
Holmes, a. cashier of the Third Ma
tiOnal, organized it in 1863, and left il
second to but to one bank In the eitv.
when he assumed the management OF
the Manufacturers in January last.
As an evidence of Unprecedented sue
cess, / will give q few figures from
published statements On the 4th Of
January last the Banks surplus was
$4,000 individual deposits, S24T.85I.
accounts of the banks, bankers. etc.
nothing; and total resources Sz59.4Z5.
Now the surplus has reached SIS 900:
individual deposits, 500, $50: accounts
of the banks and bankers, ISL 538.
and Of National banks, S55.683 and
the total resources, 81, SIS, 1853. This
volumes for the gentlemanlv
bearing, life and spirit in the mr.
agement. Correspondents sh o17d
learn the Manufacturers terns -
bankers.
The Jurisdiction Of the Chi eaOo Post
has recently been exeandSd ov.
er the territory brought into the CITY
by the Park bills, last sDriu0 TSe
people residing in the outskirts Of tbe
city are now supplied with their mail
oy mounted carriers. There are ten
Of these officials who mako fbej-
rounds on horseback, DELIVERING -,
ters along their route, once eaeb -
Inc number Of criminals aPa 49,
crimes has not been e 49, s.
usuai, since 1 las penned You a com
hoh. On such occasions Our
~ OF redeeming this city from
nVI The error and crime, rise in
RrOPo don to the apparent success.
5, however, they are soon found to
Se sinking and often 90 below their
accustomed level. i venture to as
sert that, Notwithstanding the really
depiOrable condition Of morals in this
city, there Is 10 large city in the
Union where christian men and wo-
men work harder to elevate the neg
lected and vicious, and labor more
practically than they do In CHICAGO