The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1872-11-23

PoRTLANDs EXAMPLE.-Our Boston friends
are drawing lessons from the experience of
Portland in her great calamity. During the
debate Thursday on the subject of a building
loan. Mr.. Edwin III. Abbot said that the lo,n
effected in Portland kept the rate of interest on
mortgages down to its accu stoned level, and it
drew suficiency of operating force to the city
to hasten rebuilding, which would not have
been the case had remuneration been precari-
GUS. Less than half of the entire authorization
had yet been awaited gilmore than a million
dollars of it remaining unissued. About one
eighth of the loan had thus far been repaid,
principal and interest, and it was all consider
ed good. The act was general in its terms, but
the commissioners endeavored to limit their
loans to individuals who had been burned out,
as there was great pressure from outside spec
ulators for its benefits. By means of an adj
vance certificate, builder was enabled to OBJ
tain credit on the strength of his acceptance by
the commissioners as entitled to the benefit of
the act.
A NEW BOILER SHoP.-Oar evening con-
temporary says that Quinn & Co. have COM
pleted their fine new boiler shop on Franklin
street. 1t is 140x40 in size, and 80 feet high in
the centre. A fine horizontal engine of fifteen
horse power, built by G. NJ Thompson of Bos-
ton, runs the machinery. One end is taken up
by huge blackboard on which the plans of
boilers in process of construction are drawn.
The accommodations are so spacious that both
the huge boilers intended for the new steamer
of the international Company can he built at
the same time.
THE DRUGGIsTs DREAM.-A druggist of this
city, who was partially aroused from sleep by
the fire alarm yesterday morning, fell to dream
ing that the Preble House was in flames and Il
that some reckless fireman was about smashing
to pieces certain beautiful glass fountain
Jumping to stay the wretches hand, he was
brought to consciousness by humping his head
against the bedroom door. He does not care to
say much about the fire now.
STEAMER MONTREAL. - This susbta initial
steamer of our Portland and Boston line, went
into the Dry Dock Wednesday, and was found
to be but slightly injured. Workmen were en-
gagged yesterday in putting in a new plank, and
repairing the copper sheathing. She is expect
ed TO be ready to take her place on the route
Monday evening,
PROF, DEMONS THIRD LECTURE Prof.
VIM. Denton of Massachusetts, will deliver
the third lecture of his course upon geology and
man this, Saturday, evening, in Arcana Hall,
corner of Con gress and Chapel streets These
lectures are highly spoken of and there is
growing interest in them.
LIGHT HoNsE APPoINTNENTs.-The follow
ing appointments from the Treasury Depart
ment have just been received in this city: Hez-
ekiah Long, Keeper, Cape Elizabeth; James
E. Dyer 1st Assistant, Abby H. Long, I'd
Assistant. James Law, Keeper, White Head
Edward Murray, Assistant.
ST. ANDREws.-The st. Andrews Society has
purchased lot in the Forest City Cemetery,aud
the far awaJ friends of those Scotchmen who
die here, may rest confident that they will have
a decent burial. The Society will hold its eel
ebration on St. Andrews eve, the Doth inst.