St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1878-01-11

| but the city in general had a deserted
appearance so far as traffic is concern
ed. and was alive with white cravats
and new silk hats, symbols of the pur-
suits to which the day was devoted.
Cold weather succeeded New Years
and now we are having the first skating
of the season. The lakes at Central
Park present lovely appearance, the
prospect of a continued open winter
squirting the lovers of the sport to take
early advantage of the cold snap.
Your readers will be interested to
learn of literary alliance which has
lust been formed between two of the
leading American literary monthlies
By this arrangement the Galaxy" has
been merged in the old "Atlantic Month
w. and the latter will henceforth con-
tinue all the striking excellencies OF
both magazines.
Present subscribers to either of these
periodic ais are fortunate people, as all
subscriptions will be fulfilled by the
sending of the improved "Atlantic" fol
the full time. All new subscribers,
also, besides receiving what is in many
respects the finest magazine in the
world, become entitled to a recent Of
fer of the publishers to life size crayOn
portrait of either Whittier, Bryant, oil
Longfellow, as they may elect, on pay
ment of one dollar extra, which por-
trait, procured through the ordinary
channels, would cost more than both
magazine and portrait under this ar
rangement.
| noticed last week the sumptuous
ball given by Mrs. Pierre Lorillard.
| This week even the splendors of that
occasion were eclipsed in ball given
by Mrs. VIM. B. Astor, at which nearly
thousand guests were present, and
where The enormous wealth of the host
! was freely drawn upon to make the en-
tertainment one of the most magnificent
ever seen in this country. The Astor
residence is one of the largest in the
city, and has its immense ball room I'D
separate building connected with din
ing room in the main building by COW
cred passage way. The number OF
guests above mentioned were accom-
modated with ease.
One more evidence that the people
are waking up on the subject of corrup-
ton among corporations is furnished by
the sentence to five years imprison-
ment of T. s. Lambert, president of the
defunct American Popular Insurance
Co. Lambert has had long trial, and
has squirmed hard, but the evidence
of his perjury was too strong, and he
has gone to meet Case of the bursted
Security" Now is the season of the
annual insurance statements, which, |
take it, wont be so reeklessly drawn up
as they have been in many cases here
tofOre.
On New Years Day died John Q.
Jones, President of the Chemical Bank
of this city, which is the richest bank
in this country. Its capital stock is di-
vided into 100 shares, each of which is
worth over $1,000, and on which the
yearly dividend usually amounts to 100
per cent. In spite of the enormous prof
its thus pocketed by the stockholders,
the bank day has surplus of over
S3.000,000. The little brown building
occupied by this institution is one of
the most unpretentious on Broadway.
The lOng-mooted question of the fore
closure of the Erie Railroad seems now
TO assume definite shape without much
delay. Proceedings have been formally
commenced this week in the Supreme
Court in this city, and long argument
made by Secretary Evarts, who is one
of the lawyers retained in favor of the
sale. RADIx.