davidaulloa/AmericanStories huggingface dataset:
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
this city for the purpose of building iron

| y. . y = MA "..NI H. /"
this city for the purpose of building iron
vessels. ibalf
The W. s. Pike was damaged consid-
erably few days since at New Orleans
by the Ouachita Belle backing into her
wheel. n
George A. Dillon, clerk of the j. s.
Durham, was married on Friday last at
New Orleans to Miss Henrietta B.
Folkes, Of that city. The happy couple
have our best wishes
A serious overflow is expected on the
streams below. The Alexandra Demo
crat Of the 18th says;
For the past twenty-four hours ending
Monday evening at 8 O clock, we had a
continued and very heavy rain--in fact,
young Noah's food. The whole face
Of the earth, far and near, is one perfect
sheet of water, The river is rising at
the rate of one-fourth of an inch Der
hour, with no prospect Of soon abating.
seriously fear general overflow IS
imminent and near at hand Our
doomed people are preparing for it, and
sad and crushing will be the conse-
quences. f
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
serious stabbine.

Last night John Mack visited the no
torions establishment Of Annie Fisher,
nee Gallagher, and while there engaged
in a row which resulted in Mack being
cut twice with a knife in serious and
dangerous manner. He received stab
under the left rib and a deep cut on the
right shoulder. This morning Annie
Gallagher and Ed Smith were brought
before Recorder Scales and charged with
the o6ense of stabbing with intent to
murder. The case was continued over
for investigation to tomorrow morning.
Annie Gallagher and Smith we're placed
under'bond in the sum of $4,000 each TO
appear and answer the charge.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
CLAYTON,s PETS.
The Magistrate OF uOpeGeId, Ar
kansas, Charged with Cow Steal
Ing

The Magistrate OF IOpe6eId. Ar
kansas, Charged with Cow Steal
Ing.
Over the river in our sister State Of
Arkansas, and in the little village of
Hopefeld, there resides a negro named
George Wright, who has for sometime
been acting as a constable and magis-
trate under an appointment granted by
that Prince of Border Rufiians, Governor
Clayton. The negro magistrate gen
orally carried a brace of navy skies and
bowie knife of huge dimensions which
he has hourished more than once in the
streets of Hopefeld. But Wright had
genius above official duties, and a weak
ness for cattle and other things which
could be driven or carried off. A few
nights since Wright took charge of a
fine COW belonging to Mr.. Groves, of
Hopefeld, carried it to Memphis, and
sold the animal to lady residing near
the suburbs of the city This morning
a warrant was issued by Recorder Scales
for the arrest of this negro official, who
is yet skulking about the city. He will
no doubt be arrested during the day and
lodged in the stationhouse to answer the
charge.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
.r..IEEssa Geo. W. Cheek IL IL,

M. r. CHEEK, .........-...... Captain,
Leaves Memphis every Tuesday, Thursday
and Saturday, at 5 o'clock pm. For freight
or passage apply on board. ll-16-t
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

He raves about the approaching wind-up
of the world, and expresses himself in
the most ridiculous and blasphemous
manner. The unfortunate should be
prevented from giving such disgusting
exhibitions Of insanity in public.
On Saturday night last young man
who was acting as barkeeper for Charley
Richards, proprietor of the Verandah
Hotel at sardis, Miss, accidentally shot
himself through the body with a Smith
& Wesson pistol. Drs. Ellis and Kin
chello, of Sardis, attended the wounded
man, and pronounced the injuries re-
ceived as of a very dangerous character.
An entertainment was given last night
at the school-house at the corner Of Mar
ket and Third streets for the benefit Of
st. Marys Church. Amateur theatricals
and declamatory exercises were success
fully presented by Misses Kaufman,
Rath, @Haberman, Kuhlman, Gurten,
Mettie, Krekel and Mrs. Peters. Quite
large sum was collected for the church.
The tornado which swept over Helena
reached Pocahontas, on the Memphis
and Charleston railroad, on Friday after
noon, and destroyed the business portion
of the town. Twenty-Five houses were
destroyed. The loss will probably
the sum Of $4,000, No lives were lost
during the terrible gale. All along the
line Of road more or less damage was
done to property.
1t is said that efforts will be made to
induce the Governor to offer reward
for the arrest of McAddin and others
who were engaged in the hanging of
young Schofeld at Cuba. McAddin was
the worthy constable who had charge of
poor SchoGeld in order to carry him to
Jail, but who aided and assisted in the
atrocious and cowardly deed of lynchipg
his prisoner.
The standing committees OF the Shelby
County Agricultural Society are COM
posed of the following named gentlemen;
Ways and Means-John c. Fizer, A. j.
Hays, Nathan Adams. Fair Grounds
B. Bayliss, c. L. Anderson, A. B.
Haynes. Premiums-N. c. Perkins, A.
B. Haynes, Joseph Bruce. Invitation
and Reception-A. j. Hays, John G.
Fizer, N. C. Perkins. Printing!. Bay
liss, G. L. Anderson, Joseph Bruce.
At the station-house there is white
girl from Pennsylvania, who came here
in search of her truant husband. On
arriving in Memphis she found out that
her husband had gone to Omaha, he
having abandoned her forever. The girl
is without money, and was found few
days since by Captain Athey, crying on
the streets. She remains at the station
house until some arrangement is made
to send her back to Pennsylvania.
The committee appointed by the
County Court to investigate the interests
of the county in the Mississippi river
railroad, is earnestly at work. Two
meetings have been had, and another
will take place next Friday week. The
report of the Commissioners, it is said,
will contain some rich disclosures as to
the Encouragement of the road which
mismanagement will probably have the
effect of inhicting heavy loss on this and
adjoining counties, which have large in
terests in stock in the road We look
for the rannrt with the preatest interest
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

EVERY Man HIS OwN FIREMAS.-A
trial Of Van Dyne's patent Cartridge
Fire Extinguisher will be given this
Tuesday afternoon, February 81, at 4
o clock, on the bluff, between Union and
Monroe streets. Owners Of dwellings.
business houses, cotton presses, oil mills
machine shops, steamboats,, livery sta
bles, hotel proprietors, railroad men and
the public are invited to be present
J. B. VAN DINE, Patentee.
W. ]. Ross, Agent, $50 Main st.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
FINANCIAL AND COMMERCIAL.
PUBLIC LnDGKR 0FVIon, L
MEMPHIS. Tenn. February q. 1871.

| MEMPHIS. TENNIS feDruary III 1911. J
Business in the general market is quiet
and prices have not undergone any ma
terial change Produce is somewhat
scarce; bagging is quiet; butter dull at
10 to lSc for common and Is to 28c for
choice; -four quiet but firm at previous
quotations; oats heavy and lower--sales
at IS to 66c; hay, $22 to "a; corn, IS to
TIC; provisions are weak; mess pork,
1913 so to "a; dry sailed clear sides, liz
to l2c; clear rib sides, Ia to ll4c;
shoulders, 81 to &c; bacon clear sides,
IL to l3lc; sugar cured hams, l61 to l7lc;
lard quiet-tierce, l3c; keg, l41c; cad
dies, lG to l6ic.
MONEY.
We observe no new feature in the CON
dition of the money market. The de-
mand for loans is in proportion to the
amount of business in the mercantile
community, and this is quite limited.
Borrowers find little if any difficulty in
obtaining accommodation in bank for
the regular trade at 9 to IL per cent.
In the open market the prevailing rate is
! to ! J per cent. per month. Exchange is
in more active demand, and scarce.
Eastern bills are taken at } to &c dis
count. Checking rates continue steady
at par. Local stocks and securities are
quiet, and without change Gold is
bought at ll0l to llO4, and sold at New
York rates.
COTTON.
The market closed firm with an active
demand yesterday. Sales were 1000
bales. Today there is little or no abate-
ment in the inquiry, which is, however,
chiefly from exporters. The sales re-
ported up to noon exceed those Of any
preceding day this season, footing up
1886 bales, Of which over two-thirds were
taken by exporters, and including some
300 bales bought late yesterday, at
prices ranging from 10 to llbc for ordi-
nary; III to lBc for strict ordinary; ia
to l2sc for good ordinary; l23 to l3lc for
strict good ordinary; l3l to l3sc for
low middling; l34 to l3sc for strict low
middling; IA to l4lc for middling; l44
to l4sc for strict middling IL to l5lc
for good middling. Sellers advanced
prices &c on all grades, to correspond
with the advance in New York, but there
we're those who were willing to realize
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
The Monitor stove.

This premium stove, which is superior
to all others now in use, can be seen at
the ware-rooms of
H. wETTER a CO.,
Nos. l3 and l5Monroe street. Hundreds
of our citizens have tried it, and pro-
nounce the Monitor to be superior TO
every coal cooking stove at present in
use. The Monitor is a combination Of
many important Improvements, and
combines them all. Ten sizes Of the
Monitor are made for coal exclusively
Go and see it before purchasing any
other.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

PUHPs at sl5 Second street.

J. J. HEINRICH, Of the old firm Of P.
H. Heinrich L Bro, is always to be
found at No. l6 Madison street, next to
the First National Bank, where he win
be glad to receive his friends and Gus
toners The best wines, liquors, cigars,
etc, always on hand.
154l ]. ]. HEINRICH BRO.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

AZ
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
New YORK cotton market.

1O;45 a.m.-Cotton is unchanged; futures
frmer; bids for February. lee; March,
IA ll-l6c; April, IA l3-l6c; May, l5c; June.
l51sc; July, 1514c. Received at all ports for
past three days. 45,74s; exports to Great Bri
tain, Az; do. Continent, 1913; stock on hand
at all ports, 7O6.4l4.
1915 p.m.-Cotton is firmer and moderately
active; prices unchanged; spot sales. 5000;
sales for May, Is l-l6c.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
LnITs LELYINn To-nlY.

RIVER, BUSINESS, MISCELLANEOUS.
The river is swelling slowly here and
rising two feet per day at Cairo. AT St,
Louis there has been a two-foot rise,
which makes the channel depth to Cairo
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

Aaron took the gold and made call;
Moses took his staff and split IT IN hall.
Now there is a second Moses;
He sells his goods if he loses:
Now 90 to see Moses, 200 Main street
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

T. S. BARBOUR wants everybody 10
set out plants, and raise their own ber-
ries and grapes. He has the best varl-
o,;os for colo I44-l2-l4
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

LIVERPOOL. February Il. 80 p.m.-Cotton
is firm sales. L, 600 bales; speculation. 5000.
Middling uplands, I'D; Orleans, 75sd.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
New OrIeans CottOn Market.
U,vernooI Cofton Uarhe1-

NEw ORLEANS, February 2l, II go p.m.-Cot.
ton is firm; middlings. AZ to l4ssc; sales
1000 halas
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
LOTS OF CoALI
ARRIVING.
The Best PittSburg
At greatly reduced rates.
la-tl BIGLEY. MELLERSH a co.

Genuine Gravel Roofing. by Bar
thOIOmew a. Allen, As North Court
street. ll9-t
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

If you want your CRATES set call at
295 Second street, anG' get Lemons i'm
provement; they will gi We twice the heat
VIII q oreat saving Of fu,el. l43t
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

STEAMBOATS,, insurance agents and
Others are kindly requested to turn over
their damaged goods to me, as intend
to open an auction house again next
week. "A. ScHEiFERs'
Gl491 1873 and l6O Elk change Building.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
FOR RENT.

NOR RENT "A DESIRABLE COTTAGE,
II No. 2O9 Carroll avenue, containing eight
rooms, and with nice yard and garden spot.
Price, $50 per month. Apply immediately TO
JOHN q. LONSDALE, JR.,
1l0f Planters Insurance Co.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21


T1NHE ELEGANT PASSENGER H~.s.
i packets of this line will leave sits.-lttl94
MEMPHIS for all points on Ar H,=zEszsss=s-iiA
kansas river, as follows:
Steamer MARY BOYD.-......I laines, master
Every Monday, at pm.
Steamer L. H. ALLEN......W oOdburn, master
OR
Steamer DARDANELLE....... Berry, master
Every Wednesday, at IN
Steamer PAT CLEBU RNE... Pritehard, master
Every Friday, at pm.
Be- The boat that leaves Memphis on
Wednesdays goes through to Fort Smith
The boats that leave Memphis on Mondays
and Fridays connect at Little Rock with our
light draught boats for Fort Smith. All the
boats. of this Line having been built ex
pressly for the trade. possess superior
Accommodations for passengers and un-
surpassed facilities for Transporting
freight to all points on the Arkansas river
without detention, at all stages of water.
pB- Freights consigned to this COMPANY ut
Memphis, or mouth Of White river, will be
forwarded promptly to destination without
charge for transfer.
JOHN ID. ADAMS, Prcs't.
W. G. PATTESON, Agent,
No. Madison St., Stanton Block. il15-
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

Go TO Hook & LaGrilPs, 3S Monroe
street, for wall paper and window shades
.cbaan l36-m4t-4t
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
THE CITY.

PITTsBURa and Camel coal and gas
coke. Brown 4 Jones, Office 2S2 Main
street, Bethel Block. T
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

NEwYoRK. February q, II rs p.m.-Govern-
ments are dull but steady in tone. Sterling
exchange is steady at 1895. Gold is carrying
at per cent. Money is easy at to per cent.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

Regular white and Little Red river
u. y. Mail Packet,
LEGAL TENDER, Captain j. d. Elliott.
UNHIS NEW AND ELEGANT ne.s.
i passenger steamer leaves every slt7Ltt5
TUESDAY at 5 o clock pm. hrzssEssisa
76-mt-t ELLIOTT 4 MILLER, Ag'ts.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

r,wou waut good old Megibben
,vhIsi,yv o 70 . 70 second street.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

BoARp ! N25 per month at Cochran
uou 1et No, u street. 1867
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

NOR RENT-A DESIRABLE BRICK RESI-
Il dence on Shelby street. close to business.
Apply at No. 4S2 Main street-Mrs. Brown, or
to g, w. Edmonds, 300 Front st. l34-t
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

I53-IZ-5I VI bHIIey sDuPUI' w. anu .. ~ ~
NOR RENT AND FOR SALE HOUSES
II and lots; also, n plantation on the Mis-
sissippi river for sale or exchange.
1911 VIM. +. HARDIN, 26719 Second st.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

Fresh CANADIAN OATMEAL, OF the best
quality; currlnts, very fine; good sup
ply of fresh buckwheat -four and a full
stock of family groceries generally, at
J. Devoto's, corner Third and Adams
street. llST
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
BOATS IN PORT.

St. Francis, Alice Dean, st. Marys,
Legal Tender, Geo. W. Cheek, Shannon,
MoHe Ebert st. Joseph, Kate Kinney.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
DEPARTURES.

Steamer H. S. Turner, Louisville.
Mollie Able, New Orleans.
Nightingale, Cincinnati.
Mary Boyd, Arkansas river.
Phil Allin, Friar's Point.
Belle Memphis, st. Louis.
" Oil City, Shawnee Village.
" John A. Wood, Louisville.
A. ]. White, Napoleon.
Commonwealth, st. Louis.
q" City Of Cairo, Vicksburg.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
UNITED STATES MAI. LTNE.

For Arkansas Riyer-Memphis a. Ar
kansas River Packet Company.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
DOWN SHE GOES!
For the BEST and CHEAPEST
PITTSBU RIG COAL!
GO TO
1911 BIGLEY, MELLERsH d 90.

REELFooT. "A very select lot of front
and perch arrived this morning by the
steamer Belle Memphis and are for sale
at Victor D. Fuchs, Al Jefferson street.
1907
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
For Arlsansas River.
For Cincinnati.

Tor CIncInnnII.
Memphis and Cincinnati Packet Company.
ALICE DEAN Captain Drown,
WILL LEAVE AS ABOVE 0-s.
w WEDNESDAY. I'D instant, slt.ntEf
LARRY HARMsTAD K CO., Ag'ts,
$50 Mosby Block, S0i Front st.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

For Evansville.
For Cairo, Paducnh and Eyansyille-The ele-
CANT steamer
ST. MARYS......-~Capt. Andy Robinson, jr..
WILL LEAVE THIS DAY, G1=s
wv Dist instant, at PM. stls1atetT
l.. HARMSTAD * CO., Ag'ts. hsszszss==-sszii
Mosby Block, 30l Front street.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
BOARDING.

BOARDING. -wHITEMORE HOUSE, 100
ID and III Adams street. Terms moderate.
Isl y. II. WHITEM0RE. Prop'r.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
STEAMBOATS,.
For Red River.

For Red River.
Carter Line-For Shreveport and Jefferson.
SILVER BOW ...............Captain j. W. Ray,
WILLlLEAVE FOR ABOVE 01-.
w and all landings ON Red ~
river. THIS DAY, 2lst inst, at Hz=tss-s.Iass
pm. J.T. WASHINGTON, Agent.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

GAs-FITTINa at sl5 Second st.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

EOR REST-AB0UT TWELVE ACRES OF
L land, with good tenement and out houses,
all in good order -four miles from Court square
No 6 Water street. l33-iZ-1
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
sl0ck Market.
RIVER INTELLIGENCE.
ARRIVALS.

ARRIVALS.
Steamer Alice Dean, Cincinnati.
A. j. White, Napoleon.
Legal Tender, White river
Mollie Ebert, New Orleans.
John A. Wood, New Orleans.
Commonwealth, New Orleans.
" Kate Kinney, Louisville.
City of Cairo, st. Louis.
St. Joseph, st. Louis.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

II yOu want good old Megibben
disky, go to 278 Second street.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21
EsTRAY.
TAKEN UP.
WANTED.

IXTANTED-A PORTER, AT 1865 FRONT
wv street.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

srEAM-FIrr1NG at 3l5 Second st. AT
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

yXTANTED-A GENTLEMAN OR LADY,
w good VOCALIST and PERFORMER. from
priyate life, to travel with party Of the iirst
respeetabiIity. A gentleman or lady amateur
wonid find the situation all that could be de-
sired. Address J. T. ELLEsMERE,
II7'149 $40 and 3l2 Front st.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-02-21

yXTANTED-ADW DWELLING HOUSE, SUIT
w able for a small family, within fiye to
ten minutes walk of Court Square, by
prompt tenant. Apply to
MILAN, BOWLING * CO.,
1lo-+ 266 Front street.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-05-17
Who Gets the News.

Onr arrangements are such that we can
still excel the INTELLIGESCER every Jay
both in quantity and quality OF news lur'
nished, whether 1t be foreign or domestic
and we propose to continne ahead as mere
toiore.-Register Of yesterday
The editor of the Register is phlIoso'
pher, and in harmless little pleasanlrie'
like the foregoing, no doubt takes the best
method he can of casing off his mortitica'
ton. For, of course, he don't expect his
readers to believe any such little tabrica'
tions against the testimony Of their eyes
The Register, from which we take thu
foregoing, contained telegraphic report
Of lust four columns and three quarters
and part OF that was clipped from Mon
day evenings Cincinnati Enquirer, anC
the date changed to make believe
it came by telegraph. In addition
to this 1t had u market report OF column
and third, large type. The lNTELLl
GENcER of the same date had just a full
page eight columns) of telegraph, and
something over column of markets ID
nonpareil type, equal to over two columns
in the Registers bourgeois type, making
ten columns, all by telegraph. This IL
almost four columns in our favor Ia
other words, our telcgraphic report yes
terday contained nearly double the mat
ter of the Registers, saying nothing o.
that part OF the latter which came by
mail. That this Is the fact the two pa
pers show for themselves, AS to the
quality ofthe news, that shows for itself
too.
We hope our neighbor (who has our
sympathy in his efforts to he jolly, will
continue 10 call attention from day to day
to the striking superiority Of our daily re-
ports. We feel some little modesty about
doing II ourselves
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-05-17
The New City Loan.

Our city readers are aware, We pre-.
sumo, that the Finance Committee of
Council have been several months con-
sidering the prOpriety oil consolidating
the city debt by replacing it with a new
loan, and that an ordinance for that pur.
pose has been introduced and is bending
in the Second Branch, 1t is proposed To
borrow on twenty year bonds $35O,OOO.
This sum will he sufficient 10 take up all
the city debt except u limited sum in
compromise bonds, which do not fall due
till about the close ofthe present century
The negotiation OF the proposed loan is
exciting some interest among our citizens,
more especially among bankers ami other
capitalists, and u brief statement of the
progress made may be Of interest. The
Finance Committee have received several
propositions, though the only parties pro.
posing thus far, as we ARE advised, are Mr..
D. C. LIST, Of the Bank of Wheeling and
the Merchants National Bank of Wheel.
ing. Mr.. LIST made two propositions
One to take the loan at per cent per
annum, II he were allowed to name the
loan Commissioners, they being at the
same time acceptable TO Council; the
other that he would take the loan at "
per cent, If the city would bind itself to
make its deposits during the period Of the
loan (2O years. with his bank-the bonds
in either case to be payable at Wheeling
The Merchants National Bank offered to
negotiate the loan at n per cent per an
NUN for $1,000; or to negotiate 1t at 7 $40
per cent IL the city would give that bank
It's deposits as proposed by Mr. LTsT-the
bonds in either case 10 be payable in New
York
The Chairman of the Finance Commit.
tee, at the last meeting of Council, 70.
ported In the Second Branch In favor of
accepting Mr. LISTs II per cent PROPOSE.
ton. Mr.. 0'BRIEN then moved that the
loan be negotiated by a commissioner,
books to be kept open thirty days and
subscriptions to be limited to $4,000.
As u substitute for this, Mr., SIMPSON
moved that the City Clerk be instructed
10 advertise for sealed proposals and re.
port them to Council, and that no pro.
posal should include the city deposits
At this point, without further action,
Council adjourned; and this Is the way
the matter stands at the present time,
A friend who is pretty handy at figures
has made the following calculations,
showing at what rate the debt would
be cxtinguished, by setting aside the
annual sum proposed by the Finance Com.
nittee; how much the whole interest will
amount to; and the difference in ultimate
cost 10 the city between M 8 per cent and
II per cent loan,