, 1875-08-17
Spirited Competition Between Judge
Otis and Mr.. 0sterberg.
Tho Latter Gcls It for tho Unexpected
Sum Of s1,D20,O00.
What tho German Bonlhollors Will Do
with tho Road-Julgo Otis In
tentions.
Prospects Of Six Per Cent Dividend.
REII.INU A RAILROAD,

property and franchises Of tho Rockford, Rock
Igiand Il st, Louis 1laiiroad. Iuasnucll Oh rail-
roads arc not Rold ovory day. aud al, III tho
present caBo, thcro was MI cxcollont chance for
speculation, tho waat door of tic RopuLlie Llfo
Building. mllero the Balo took place, waB we'll
dllel either with Interested parties, prospective
purchasers, or neutrality-suspicious.. Tho latter
probably rredomiuating. Judging from tho
appearance Of tho minority OF tho
porsons present. nnd tho fact that
f2o06o0 waB tho entranoo-fee nH
it woro, Into tho arena OF tho blddosa, there uvi
dcntly u,uHt have bcen considerable OF Chicngo'a
woatth represented Tho sa!e was originally ad-
vort!aed for Tuealay last, but Oh petition Of e1-
Benator TrumbuEf, who represented TINT a conf
btnatiou Ind been formed 10 prevent compoti-
tion tho Balo was postponed until yesterday.
Tho Master In Chanco1y did not appear for sou,o
limo after 10 o'clock, and tho spectators unused
themselves by jocoaoly inqu!ring of each other
~ to whether they intoudo1 to buy q railroad. or
sslting for q loan Of 5000 900 for q faw days. At
longth Mr. bishop appeared. and read tho notice
OF tho sale and gave tho tetmB.
AIN. W. c. douDY
thon road anotico to tho ofroct that Schuyler
County clnimod 10 10 n atockholdor In tho III.
Louis, Alton l. Rock Island Italrond, D road
"AAA WAC pHAbnn1A AP ~ wv AtoVhApaAt AkoSA
Island d. st. Louis lsoad, and tim. Il Ind claim
against tho latter road for tho uon-fulal!nsnt oi
an agreement undor which tho ST. Louis,
ALTON Il Rock Island Road was sold to tho Rock-
ford Rock Island l. st. Louis 1load, which claim
Ind been put In sn't In AlcDonough County
long boforo tho Institution Of tho
present foreclosure snis, 80 that
amount Of its elainl. Mr. Go,ldy also gave no.
tico that II. II. Porter Ind furnished q largo
number OF cars to tho Company. and tlat ho lad
taken NJ appoal from All order Of Judge Drum
motld 1ireGtibE him to ,iy1 up the cars on pay
nent of about 100000 duo him. Iii. bishop
thon asked for NIL offer, mud
... TIE DALr4 wA9 OPENED
hy C. ". IIaey!cr, 4 broker Of Now York City,
representing large number OF American, Lo,i-
holders, who Eayo tho first bid Of $500. 0uD.
S' and tho bids rsso ,S to netss ss7oo5 Co., u; de-
.ast-nalHed slim being Offered By o. II. Naubort.
Mr. Ilasslcr then got into1doep water md retiy-
%. ani 9n unknaWn gentleman who, 1t was
whispered, represented
THE culrAao, nuhI1SoroN 4 QUINCY RAILROAD,
entered tll8'con tests. l1e and Judge Utis then
contested tho ground, making S50OO or s10,O0
.o "raiBes" until the price was 1aIsod to $780,
200, when the unknown went s25, QUO botter.
Whom the bids roached s7O0,000
siN. DaTENutnu,
who represents largo number Of German bond
holdors, tuok la,d, and bo aud Judge Otis
H. natarse.,e W. i.nra @ mn'i Was w "
H., ~ ..ose "as Ia1so anu u sGo!,ou
s,as ..e p,!a'nh was " ~ en-, @ nns t9o Jnaso
orn t,c'' .u odo m nH, IN q soS ' A. Gs.es
cossnlaTna i%Iai lI io,,a.r Hen @ nccaslonca @
lively up TO s935, 00l, Wllcn Judge Otis remarked
TINT ho guosHel ho wonld hnvo to let lliB op-
pnnomt tAko 1t. 1lo, howevor, seenled 10 recon-
saer s ~ hA!i-tolmcd teaoiNt1oa m,nuto after
er",r @ iv rro vas 1agon " a anu ghof te
cstaI ;i os" % a ~ o5o IT, ASns dn a.a lnsos
sh:eu, uHlll " reached Sl,ulN,Oou, that amount
hIeing na1 oaoEei ~ !ho German representative.
". 1uaGo y, uts aaaea sioo nnd sho ":alses Woro
slonsands, until sIr: osserbcrs inmped from
el,0ol, 400 to s1oo2, ,000. 4 then 1an along with
THE judge AGAIN SEEMED To FLAG,
a.r md sag lie thought 10 should hayo to let tho
osher fellow baye It. Mr.. Dishop, however. Ia-
aandho nado the bid a ,0o0 moro. It tl.on rapid.
ly roso by $1,000 nteps, air. Ostorberg growing
,lorvaus as ho though Of tile amount while tbc
Rharp-cut, smooth fseo Of tile Judge noyor wayoy-
cd b line until tho latter bid 81 1G5.00 Hero