Montreal herald and daily commercial gazette, 17 juillet 1879, jeudi 17 juillet 1879

[" |3.ottcts.\u2018ses.)ATs.5 & tl, m, ;of tilufirtt, 215 UCL tâPenini 27 City of Richmond, Sat.Julv 19 ii oo \u201e m City of Chester.Thurs , July 17 ^ oo n m Oityof Brusseis, Thurs Ju£ ^m Uty or Berlin.,,v q aa-»-, City of Montreal.Thurs,, Aug.7* 8 30am ntr nf ^rnd-!at\u201d ius\u2019 lc> 3-00 P-m City of Chester.Sat., Aug.23 9 30 a m SALOON PASSAGES\u2014$80 and tfold.1100 ROUND TRIP\u2014$135 and $160 Gold.o^l«AtS.^-Lj0nd?n\u2019$7;a\u201cd t0 Karls, $15 fected a^(^1^10na1, according to route se- STEERAGE (including Railroad Fare between Montreal and New York) $26.50.ior hreight or Passage, apply at the NnwYork* 01Bces\u2019,E31 antl 33 Broadway, JOHN G.DALE, Agent.In Montreal, to COX & GREEN, 13 and 15 Hospital street.Where plans can be seen and Berths secured.i3?oL°TCharle!C- M,:Fall, Ticket Agont 143 St.James street, July 5 grofcsstonal Cimls.R.CT.Kimball Or Co,, ANKERS and BROKERS 4 Exchange Court, New York.12 years membership in N.J'.Stock Exchange.Buy and Sell on Commission, for Cash, or on Margin, Stocks, Bonds, and all Investment Securities, in lots to suit.May 1 8m tTS 108 SMITHERS& DONALD BANKERS AND BROKERS, iVo.3 UKOAU SSX'ÏSOElüX', ÜEW YORK, Stocks, Bonds, Foreign Exchange, &c-BOUGHl AND SOLD FOR CASH OR ON MARGIN.November 18 275 G.H.R.WAINWRIGHT, SrHOUK 1Î JtOlt lEli, Member of the Montreal Stock Exchange, 14 Hospital Street, MOJVTJREAL.May 2\t261 MAGDOUGALL BROS., STOCK BROKERS 63\tSt.Francois Xavier Street, MONTREAL; 64\tBroadway, NEW 7 O B K Of the Montreal Stock Exchange, and New Ï ork Stock & Gold Exchange, Buy and Sell Stocke, Bond», &c; November 13\t272 ISTOTT «sTccT Stock Brokers, 119 St.Francois Xavier Street, (Members of Montreal Stock Exchange), buy and sell all Stocks and Bondfc.Investments made or realized, May 6___________107 R.& L.LAFI.A1 mt ADVOCATES, Ht.J aines Street.Hon.R.Laflamme, Q.C.| L.Laflamme.October 14_ 245 PALLISER & KNAPP, A13VOOÆTEÈ3, 4 HAMILTON CHAMBERS, 17 ST.JOHN STREET, IMLOIN X'AYlilA.U.J.Pauliskb, B.C.L.I F.A.Knapp, B.C.L.I ebruary 8 _ 33 IslLW OFPICS 0» Devlin & Devlin, ADVOCATES, lits* Ht.«Tamos Street, MONTREAL.B.IXbvlin, Q.C.I O.B.Dxvlin, B.C.L December 14________6m298 WALZERT^McINTYREj BARRISTERS, AT1GRKEVS SOLICITORS, NOTARIES, &C.No.34 Elgin Street, - - - OTTAWA.(Opposite the Russell House.) W.H.WALKEB.| A.F.M\u2019lNTTEB.November 22__ 279 MAGLEKHAH & MACDONALD, Barristers, Solicitors, «otaries, &c.CORNWALL ONT.i.B.K* CLKNNAN, H.8ANFIBLDMACDONALD JAMES W.LIDDELL.April\tyg GASMAN & LEIÏGH, ISA MUSTERS, ATTORNEYS - AT - LAW S0LICIT0E8 IN CIHANCESY, NOTARIES PUBLIC, Ac., aOIlIUWA.JL.L.ONT.>s.Leitou.\te.B.Carman.sane 14\t242 FBTEH FULTON.A oeonntant, A.ri«litov, Assignee and Average?Adjuster.188 Ht.«Tames Htreet.HCNTREAL.Commissioner for Taking A ihdavita'.for Ontario and Quebec.BOSTON AND NWREAL AIR LINE Shortest Boats via Central Vermont H.B.Una.Leave Montreal at 7.15 a.m.and 4 p.m.for New York, and 7.15 a.m., 9.30 a.m.and 4 p.m.for Boston.Three Express Trains daily, equipped with Miller Platform and Westinghouse Air Brake.Sleeping Cars are attached to Night Trains between Montreal and Boston and Springfield, and New York via Troy and Parlor Cars to Day Express between Montreal and Boston.TRAINS LEAVE MONTREAL.7.15 a.m.Day Express for Boston, viz Lowell or Fitchburg, also for New York via Springfield or Iroy.9 30 a.m.Express for Boston, via Lowell, also, for Saratoga Springs and the White Mountains ; connections sure and direct.For Waterloo and Magog, 7.15 a.m.and 4 p.m.4 p.m.Night Express for New York, via Troy, arrive New York 7.15 a.m.next morning.4 p.m,.Night Express for Boston via Lowell, and New York via Springfield, GOING NORTH.Day Express leaves Boston, via Lowell, at 8.00 a.m., via Fitchburgh 8.00 a.m., Troy at 7.49 a.m., arriving in Montreal at 8.40 p.m.Night Expressleavos Boston at 7.C0 p.m via Lowell, and 6 p.m., via Fitchburgh.and New York at 3 p.m., via Spriagfleid, arriving in Montreal 9.15 a.m.Night Express leavesNew York via Troy at 8.30 p.m., arriving in Montreal 12.00 M.Except Saturday nights it will leave New York 4.00 p.m., arrive Montreal 9.15 a.m.Sunday morning.For Tickets and Freight Rates, apply at Central Vermont Railroad Office, 126 St.J ames Street.Boston Office, 322 Washington street, f.W.CtiSAMIMWS,\tJ, W.HOSAEf, Genl.Passenger Agent.General Supt.St.Albans Vt., Julv \u201d 1879.\t298 McMm, GIBBONS & Mem, Barristers, Attorneys, Solicitors, &c.LONDON, ONT.HUGH £ZACMA.nON, Q.C.GSO.C.«TBEONS GKO.M'NAB.London, August 23,1875\t201 Correipondenee conducted in French, German, Italian, Spanish and Portuguese.December 16\t299 JOHN FRASER, Accountant and Auditor, For the Inspection, Auditing or Adjustment of Books and Accounts, Settlement of Partnerships, making up of Statements, Reports, &c.Will attend at the Offices, or elsewhere, of parties requiring such services.Present Address:\u2014347 P.O.Box.Or, at the office of Hugh Brodie, N.P., 344 Notre Dame street.July 15\t3m 167 JOUIT FULTOKT, Accountant in Bankruptcy, Auditor and Commissioner, OT St.«T-A-Mias STKEET MONTREAL.Investigations and Reports made on the affairs of Debtors, either in town or country, with punctuality and dispatch.May 7\t108 MARRIAGE LICENSES ISSUED AT THE OFFICE OF HUTCHINSON & WALKER, ADVOCiTES, No- 112 St.Erancois Xavier Street.November 19\t27 john McDonald, ACCOUNTANT & AUDITOR! 230 St.James Street, MOIVXltlügVT-.ESTA.I5L.XSHED ISO?.Legitimate Accountant business punctually and effectually performed.No business undertaken in conneetion with the operation or results of the Insolvent Acts, except the elucidation of dubious dea.ing.Montreal, 4th January, 1879\t6 LVftMS à BiUDILL, Public Accountants AND OFFICIAL ASSIGNEES, HT.«lOHiN HXKJSEX MONTREAL.December 11\t2 J.RIELLE, I, a ml Hurveycr* No.146 ST.JAMES STREET.July imi no ceiNEBci.Mail Steamers Sailed.Abyssinia.July 5, for New York, 12 days out.City of Brussels, July 8, for New York, 9 days out.Circassian, July 10, for Quebec, 7 days out.Biitanuic, July 10, for New York, 7 days out.Bothnia, July 12, for New York, 5 days out.______________________ Depasture of Ooean Steamers.From To Manitoban.Quebec.Glasgow, July 17 City of Chester.N York.Liverpool, July 17 Mississppi.Quebec.Liverpool, July 19 Polynesian.Quebec.Liverpool, July 19 Baltic.N York,\u201eLiverpeol, July 19 Abyssinia.N York.Liverpool, July 23 City of BrusselsN York.Liverpool, July 24 Lucerne.Quebec.Glasgow, July 24 Brooklyn .: .Quebec.Liverpool, July 26 Sarmatian.Quebec.Liverpool, July 26 Britannic .N York.Liverpool, July 26 Bothnia.N York.Liverpool, July 30 Celtic.N York.Liverpool, July 31 Montreal, July 16.\u2014A writ of attachment has been issued against Gedeon Bourdeau, trader, of this city.\u2014A writ of attachment have been issued against A.P.Power, retail dry goods dealer, Brunswick street, Halifax, N.S.Liabilities stated.at $4,600.\u2014A New York despatch says :\u2014Among the transactions in wheat here yesterday was one lot of a million bushels No.2 Chicago and Milwaukee, to be taken to England.The sale involved $1,120,000-The sale, caused excitement, and prices advanced two cents, but subsequently the advance was lost.\u2014It is reported from New York that Young, Thayer & Co., of Boston have purchased, for $50,000 cash, the exten-^ sive works of the Canada Tanning Extract Company, located at St.Leonard and Bulstrode, P.Q.The original cost of the property in 1873 was over $200,000.\u2014The imports at Boston for the week ending July 11 were valued at $644,483, against $848,390 for the corresponding week last year.The value of imports for the year to same date were $23,694,-320, against $19,607,582 for the corresponding period last year, showing an in-crease the present year of $4,086,738.FINANCIAL.rose i, changing hands at 103^ ; Ex change is enquired for at 30, but there was no stock forthcoming at the figure; Ville Marie is offered at 60, but there are no buyers over 45 ; Montreal Telegraph stronger at an advance of J i@ 1, the last sale being at 90 ; Dominion Telegraph is offered at 76, but without finding takers at the first board Richelieu and Ontario Navigation Co.was firmer at 43, but closed a 'little off at 42J 1® 43 ; City Passenger Railway is wanted at 80, and City Gas Co.is steady at 114J ; Royal Canadian Insurance Co.is dull at 45 bid, 47 wanted.The sales of the day were as follows :\u2014 HORNING BOARD.Bank of Montreal.5 ®\t135 Ontario.25\ti@\t62 Consolidated .25\t30 25,\t13 ted\t29J 22, 25,5,\t12 Æ>\t29 5,5Æ> 30 Commerce.10, 4 t8) 103^ Richelieu & Ont.Nav.Co.25 O\t43 AFTERNOON BOARD.Consolidated.15 15 t& 32 ta> Peoples.35\t/® Merchants.50,50\t(tb Commerce.20\t103J Montreal Telegraph.25/3) 90 25/S) 89J 25 ® 90 Rich.& Ont.Nav.Co.1 f®\t41J City Gas Co.,,.10\t®\t114j The New York Stock Market was flmc-tuating, but closed with an advance in most securities.Lake Shore rose 1, Nor\u2019-West common l.j, St.Paul common 1£ Michigan Central 1J, Delaware, Lackawanna and Western |, Delaware & Hudson St.Joseph 2, Rock Island |, Ohio A Mississippi Erie i, Western Union §.Declined\u2014Nor\u2019-West preferred J, Jersey Central i, C C & I C |.The changes were as follows 30i 30 49 73 THE MQMHGE BALL SUITE THl: BEST IN THE MKET, Handsome Design, Beautiful Finish, a First-class Heater.This beautiful Stove combines all the latest improvements in self-feeders.Call and see it and judge for yourself.Hyan's Furnace.This Furnace has been thoroughly test ed.There is more of them in use in this city than any other, and every one gives satisfaction.RANGES and STOVES OF ALL KINDS U.IYYAIV, 38 Victoria Square.Ootober 28\t257 The money market is inanimate and rates of interest and discount unchanged i loans on collaterals are made at about 5 per cent, on call and 6 on time, and good commercial paper is discounted at 7\t8 per cent.Sterling Exchange is dull at 9J tâ 9J for round amounts of 60 day bills between banks and 9| i® 9J over the counter ; the posted rates in New York are steady at $4.86i for 60 days and $4.88J for demand.Drafts on New York are quiet at par.Our London cables yesterday reported that the whole of the new 4 per cent Canadian loan of £3,000,000 sterling had been subscribed > the minimum was 95, at which 90 per cent, of the loan was placed, while the balance was at higher rates, making, according to reports in financial circles to-day, the gross average obtained 95 1-6 ; after deducting commissions and other expenses, the rate realized will be between 93 and 94, and we may regard the transaction as a favourable one for the country.The extraordinary easiness of the London money market and the great accumulation of unused capital makes the placing of a loan of this character a matter of greater ease than when desirable investments are more readily met with.The publication of the circular of the Directors of the Consolidated Bank yesterday must have astonished our readers, more particularly those who have their money invested in that institution.It is difficult to comprehend how so many intelligent business men could agree to put together so much, meaning so little\u2014an exhibition of weakness in every respect.How can interested parties trust such a statement when one so different was made only a few weeks ago Î The question of management or mismanagement need not now be gone into.Let us begin about the period when a probable crisis was admitted by everybody concerned ; that was shortly after the payment of the last dividend.At that time some of the Di.rectors openly declared that the shares were worth very much more than the market value, indeed that the capital had been impaired a comparatively trifling amount ; such assurances were given up till the date of the annual meeting, even in the.face of tho (act that application had been made to Parliament to authorize a reduction of capital.It was then thought by the Directors to be a great hardship to be obliged to submit to cutting down the capital to the extent of 40 per cent.; the general impression then prevailing was that 25 per cent, would be sufficient.We mention these facts only with the view of exposing the evidently indifferent manner in which the Directors have watched the interests of the shareholders.So satisfied were the Board, that the reduction was much greater than it ought to be, they absolutely brought down a balance exceeding $900,000, enough in all conscience to meet any ordinary contingency.No more positive assurance could have been given than that at the Annual Meeting, that every provision had been made for.bad and doubtful debts, render ed all the more satisfactory to the meeting, when it was so strongly expressed that the Committee on Banking and Commerce had subjected the capital of the bank to too great a reduction.Starting six weeks ago with a surplus of nearly a million dollars, can anything be more remarkable than the meaningless circular which yesterday emanated from tho Board of Directors.There is not a definite line in it ; it is just as vague as anything could be ; could not bave been more vague if all the bank directors in the Dominion had had a hand in drafting it-If the circuit.r affords any information, it is that, when these positive statements wer« made at the annual meeting, the Directors knew little or nothing about the affairs of the Bank ; yet they undertook to present a worthless statement, and are now obliged within a few weeks, to acknowledge a blunder of say $1,600,060, without the know, ledge that the atmosphere is now clear This is not a time to prate about generosity, but it does\tseem at thi8 stage undignified on the part of the Directors to take refuge iu the late General-Manager, with whom nearly all have been seting for so many years The Stock Market to-day was, with one or two exceptions, firmer ; Bank of Montreal advanced J, closing at 135 1® 135J ; Ontario is steady at 62 and Peoples quiet at 49 ; Consolidated dropped 3 j, selling down to 29, but closing at 30 ; for Molsons 72 is bid and 76 asked ; Toronto is enquired for at 108, but the offer is too low to temp* sellers ; Jacques Cartier is inactive with buyers at 57f and sellers at 59 ; Merchants is rather stronger,'selling at 73, which is an advance of i since yesterday ; Commerce Cl\u2019g.Op\u2019g.prev.day.\t\t\t1.30\tCl\u2019g.West.Union.\t.89£\t88$\t\t89! Lake Shore\t\t.75\t75|\t76\t7« Pacific Mail.\t\u2022 14|\t14$\t\u2022 \u2022\u2022\t14! Erie\t\t.27$\t27|\t27|\t27| Ohio & Miss.\t.15\t15$\t151\t151 Nor-West\t\t.68§\t69i\t69!\t695 Do.pfd\t\t.97|\t97|\t974\t97! St.Paul\t\t\u2022 54|\t54|\t651\t65$ Do.pfd\t\t.93\t\t\t.Mich.Central.\t.77$\t78$\t784\t78$ Jersey Central.\t\u2022 51|\t5U\t.\t511 N.Y.Central.\t.1184\t1184\t\u2022 \u2022\u2022\t.Del.Lack & West 571\t\t571\t\u2022 \u2022\u2022\t58$ Del.& Hudson.\t.47\t474\t47|\t47$ St.Joseph\t\t.184\t18$\t19$\t204 Rock Island.\t.139\t1384\t139\t139! C.C.&I.C\t\t.6*\t61\t6$\t6$ Tol.& Wabash.\t.35,\t35$\t\t355 Union Pacific.\t.76\t\t.\t.A.& P.Tel.\t\u2022 .\t\t\u2022 \u2022\u2022\t\u2022 \u2022\u2022 Exchange\t\t.4864\t.\t.\t4864 AN INSOLVENT CASE.The judgement rendered by Judge Pringle, which appeared in our columns some weeks ago, was to the effect that the assignee\u2019s charges were to be taxed by the proper officer ; the assignee, however, in the face of the judgment called a meeting of creditors t* be held in his office on the 16th July for the purpose of fixing the amount to be paid to the inspectors and also the assignee\u2019s charges, evidently for the purpose of placing the judgment of his Honour Judge Pringle at defiance.The creditors met at the hour appointed, Mr.J.J.McLaren, advocate, representing Mr.Adam Darling, was present, and read to the creditors the following summons and order, serving a copy of the same on the assignee.There was, therefore, no business done.INSOLVENT ACT OF 1875 AND AMENDING ACTS.In the matter of Andrew B.Allison, an Insolvent, and Adam Darling, a petitioner.Upon the application of the above named petitioner, and upon hearing the affidavit filed on the application, and upon hearing the Council for said petitioner, I do order that Robert W.Oliver, the assignee of the estate of the said Insolvent, do attend before me at my Chambers, in the Town of Cornwall, in the County of Stormont, on the tenth day after the service of a copy of this order upon him, to show cause why he should not pay thecosts taxed against the said estate, in connection with the proceedings taken to impeach his management of said estate and charges, and in the meantime I do order that all proceedings taken and meetings called by said assignee be stayed.J.F.Pringlb, J.Chicago, July 16\u2014Wheat\u2014Receipts, 73,-000 bush ; shipments, 140,000 do.9.30 a.m.Opens at 96c asked for September.11.35 a.m.-98icfor July ; 97fe @ 97*c for August ; 96c hid for September.Corn\u2014Receipts, 228,000 bushels ; shipments, 141,000 bushels 9.40 a.m.\u2014Opens at 36ic bid for August; 36jc for September.11.35 a.m\u2014361 e @ 36|c for July; 36tc for August; 36ic @ 36|c for September.Oats\u2014Receipts, 53,000 bush; shipments, 50,000 bush.11.35 a.m\u2014 30ic for J uiy ; 36Jc for August ; 36c for September.Barley\u2014Receipts, 2,000 bush ; shipments, 1,000 do.Pork \u20149.18 a.m.\u2014 Opens at $8 721 bid for August ; $8 80 @ $8 821 for September.11.35 a.m.\u2014$8 70 bid for August; $8 80 for September.I-ard\u2014 9.18 a.m.\u2014Opens at $5 85 for August; $5 90 @ $5 92J for September.11.35 a.m.\u2014 $5 82i for August ; $5 87i @ $5 90 for September.Chicago Stocks ef Tuesday, July 16\u2014 Wheat, 3,649,080 bush ; Corn, 2,578,278 do ; Oats.367,127 do ; Rye, 61,689 do ; Barley, 81,378 do.Milwaukee, July 16\u2014Wheat\u2014Receipts, 28,000 bush ; shipments.28,000 bush.9.33 a.m.\u2014Opens at 97icfor August.11.45 a.m.\u201499c bid for cash ; 98Jc bid for July ; 97ic hid for August ; 96Jc bid for September.Receipts of Produce\u2014July 16.G.T.R.Q.M.O.Lachine &0.Wheat, bush .\t1,200 Corn, bush.Flour, brls.\t472 Ashes, brig.\t11 Butter, kegs .\t884 Cheese, bxs .17,793 Bacon, pkgs.\t104 Leather.78 3 71 Canal.49,901 27,588 3,500 40 LIVERPOOL MARKETS.Liverpool s.d.s.d.Flour .9\t3\t@\t10\t! Spring Wheat 8 0 @ 9 0 Red Winter.9 3 265,000 220 ® 225,000 qrs.Corn.300 f® 305,000 310 /® 315,000 qrs.Flour.,105 f® 110,000 80 dt 85,000 brls Weather in England, unsettled._ Flour\u2014Market very quiet ; prices unchanged.Sales reported were 100 brls.Superior Extra at $5.25 ; 60 do.at $5.40 ; 200 Spring Extra at $490.Superior Extra.$0\t00\t@ 5\t25 Extra Superfine.0\t00\t® 5\t10 Fancy.0\t00\t@ 0\t00 Spring Extra, new ground.4\t87è\t@ 4\t95 \u2018\t@ 4 70 @ 5 25 @ 4 00 C® 3 50 @ 3 20 @ 2 45 @ 2 55 Superfine.4\t60 Strong Bakers\u2019.5\t15 Fine.3\t30 Middlings.3\t40 Pollards.3\t00 Ontario Bags.2\t40 3ity Bags (delivered).0\t00 Peas\u2014About 78c.«àats\u2014Sales in cars at 33c.Rye\u201458c.f® 60c.Oatmeal\u2014Ontario, $4.75.Cornmeal\u2014$2.40 f® $2.50.Corn\u2014About 46c in Bond.Canada Wheat\u2014Quotations nominal.Butter\u2014Western, 8c.f3> 10c.; Brock-ville and Morrisburg, 10c.to) 12c, ; Eastern Townships, 12c.f® 13c.; Creameries 14c.i® 15ic.These quotations are for late makes in prime condition.Cheese\u20145c.(d> 6c.Lard\u20149c.t8>\tfor Canada tubs and pails ; 10c.for American pails.Pork\u2014Mess, $13.60 O $14.00, according to brand.Ashes \u2014Per 100 lbs.\u2014\u2022 Pots, $3.45 (® $3.50.Hams\u201411c.(® 12c.Bacon\u20148 ic.® 9c.Freights\u2014Steam to London, Liverpool and Glasgow, 2s.9d.fa) 4s.Od.for heavy grain ; Flour, 2s.1® 2s.3d.New York, July 16,12.10p.m.\u2014Wheat, nominal ; Chicago, $110@$112 ; Milwaukee, $110 @$112; No 2 Red, $118 @ $1 20, Corn, quiet ; No 2,45jc @45jo.Oats, quiet.Receipts\u2014Wheat, 228,000 bush ; Corn, 107,.000 do; Oats, 45,000do; Rye,200 do; Barley, none.$200 40 £60 $100 \u2022 ( 60 100 26 100 60 100 60 60 SO 60 100 60 100 100 100 100 100 ICO 100 100 4 40 60 100 60 40 100 CJ S O o .03 p, i praS |r~nTc 135# 3 P-C 2#p.C \u2018 p.c p.c 5 p.C 3# p.C UK) 50 60 'Coo 100 100 600 3#p.C 4 p.C 3#P-C 3#p.c \u20222 P.C 4 p.C 3#P-C p.c 62# 81 49 76 59* 73# 100 103# 114# 5p.C 4D.C Bp.O .4#P'C 47 2Î M O.185 61# SO 79 H-8 57# 73 102# 81 40 89# 42# 80 114 40 MAGDOUGALL & DAVIDSON Stock Biokwa MARRjsTS BY TKLEGRAFH.TO THB MONTBHAL HBBALD.TELEGRAPH OFFICES List of Offices on Line from Ei-mouski to Cap Rosier, with distances.Miles.Rimouski .to Father Point.8 Father Point.te St.Flavie.15 St.Flavie .to Grand Metis.7 Grand Metis.to Matane.30 Matane .to\tSt.Félicité.Ï2 St.Félicité.to Cap Chatte Light.31 Cap Chatte Light to Cap Chatte.3 Cap Chatte Town to St Annes des Monts 9 StAnnes des Monts to Martin River.17 Martin River.to Mont Louis.22 Mont Louis.to River Madeline.20 River Madeline.to Grand Vallfee.9 Grand Yalee.to Chlorodorme.15 Chlorodorme .to Grand Etang.9 Grand Etang.to Fox River.21 Fox River.to Griffin\u2019s Cove.7 Griffin\u2019s Cove.to Cap Rosier .8 ¦ Cloudy and MARINE INTELLIGENCE SNIPPING AND WEATHER.PORT OF MONTREAL.Arrivals\u2014July 16.Steamship Northbourne, 1,265, D.Anderson, Master, from Quebec, Carbray & Routh, agents, light.Schr Marie Henriette, 193, Bemdages, Master, from Paspebiac, Brock S Co., agents, firewood.Departures\u2014July 16.Steamship Polynesian, 2,023, R.Brown, Master, for Liverpoel, H.& A.Allan, agents, general.VESSELS IN PORT.Steamships.Northbourne, 1265, Carbray & Bfeuth Acton, 1,065, J G Sidey Annie, 1247, J G Sidey Mississippi, 1370, D Torrance & Co Barques.Peter Crevar, 628, H Dobell Osage, 397, S B Heward Deodata, 397, Reford & Co Claribel, 421, J & R McLea McLeod, 633, H Dobell A Co Ashantea, 699, Anderson & McK Orquell, 729, R C Adams & Co Sir Henry Havelock, 460, Redpath & Sons Earls Hall, 396, Cox A Green Marcellus, 274, D Shaw Julius, 923, Munderloh A Co Newcastle, 468, Munderloh A Co Barquentine.Floretta, 296, Redpath A Son Brigs.Ringwood, 330, H Dobell Anna Maria, W A Charlebois, 366 Minister Von Schleinitz, 206, Munderloh A Co Brigantines.P D Stewart, 438, Redpath A Co Libbie H, 361, Reford A Co John T Ives, 371, Carbray A Routh Schooners.Marie Henriette, 193, Brock A Co.Frances, 104, W A Charlebois Marie, Erzelie, 110, W A Charlebois Imperio, 115, A Rogers Primrose, 56, W A Charlebois Helene, 110, W A Charlebois H Dudley.W P Howland.225 Canadienne, 109, R Reford A Co C Colombe, 157, R Reford A Co PORT OF QUEBEC.Arrived\u2014July 16.Mercuriusi Thier, Pictou, for EUROPEAN.LONDON, July 16, 11.30 a.m.\u2014Consols, 97 15-16 ; 41\u2019s, 109 ; 5\u2019s, 105, tx coupon ; Erie, pfd, 531; HI C, 90.5 p.m\u2014Consols, 97 15-16; 41\u2019s, 109; 5\u2019s, 1051; Erie, 28j; pfd, 531; Ill C, 90.LIVERPOOL, July 16,11.30 a m\u2014Cotton\u2014Firm; Uplands, 6 13-16d; Orleans, 6id.ANTWERP, July 16\u2014Petroleum\u201416jf.UNITED STATES.CHICAGO.July 16.\u2014Flour\u2014Firm ; not quotably higher.Grain\u2014Wheat in fair demand and lower; No 1 Spring, $1 011 @ $1 02 fer cash; $1 03 for August ; No 2 Spring, 98 bid for cash.Corn, active and lower ; 36c for cash ; 36ic for August.Oats, dull, weak and lower, at 30c for cash ; 26io for August.Rye easier.Barley, steady and unchanged.Pork\u2014Good demand, tending upward ; $8 75 @ $8 80 for cash ; $8 70 ffl $8 721 for August.Lard\u2014Steady and unchanged.Bulkmeats\u2014Firmer, not quotably higher.Whiskey\u2014Steady and unchanged.Receipts \u2014 Flour, 9,000 barrels ; Wheat, 73,000 bushels ; Corn, 228,000 bushels; Oats, 53,000 bushels ; Rye, 4,000 bushels ; Barley, 2,000 bushels.Shipments\u2014Flour,8,000barrels; Wheat, 131,000 bushels; Corn, 141,000 bushels; Oats, 50,000 bushels ; Rye, 7,000 bushels.floas \u2014 Official receipts, 6,900 ; light grades, $3 85 @ $3 90; heavy shipping, $3 70 @ $3 90.2 03 p m \u2014 Grain \u2014 Wheat, 96i for July ; 97ic @ 97fc for August ; 95ic for September.Pork\u2014$8 70 @ $8 721 for August; $8 80 @ $8 821 for September.Lard\u2014$5 821 @ $5 85 for August ; $5 90 ! $5 921 for September.NEW YORK, July 16,1.30 p.m.\u2014Cotton \u2014Dull and unchanged.Flour\u2014Without change; receipts, 12,000 brls ; sales, 11,000 do.Rye Flour, steady and unchanged.Grain\u2014Wheat, Spring quiet and unchanged; Winter, heavy and 1c @ Ifc lower ; receipts, 228,000 bush ; sales, 184,000 do ; No 2 Red, for July, $1 16.Rye, quiet, firm and unchanged.Corn, je @ 1c lower; receipts, 107,000 bushels ; sales, 75,000 do.Barley, nominal.Oats, firm ; receipts, 45,000 bushels ; sales, 30,000 do ; Mixed Western and State, unchanged; 391c @ 44c for White do.Pork\u2014Quiet, steady and unchanged.Laud\u2014Unchanged at $6 15.Cheese\u20144o @ 6ic.Petroleum\u2014Crude, 2ic ; refined, 6jc.2 20 p m\u2014Grain\u2014Wheat ; sales, 300,000 bush; Chicago, $110; Milwaukee, $110; No 3, $1.Corn, quiet; sales, 80,000 bush ; No 2, 45c @ 45ic.Oats, quiet.Tallow\u20146c.Dressed Hogs\u2014$5i @ |5f.Whiskey\u2014N ominal.\u2019 3.30 p.m.\u2014Railroads, strong.Stocks, strong and active.MILWAUKEE, July 16, 9 33 a m \u2014 Grain\u2014Wheat.97fc for August ; receipts, 28,000 bush ; shipments, 28,000 do.12 30 p m\u2014Grain\u2014Wheat, 98ic for July ; 97ic for August ; 95^0 for September, DETROIT, July 16, 1 00 p m\u2014Grain \u2014 Wheat, easier ; Extra, $1 11 ; White, $1 10 for cash; $1 09|for July; $1 OSj for August ; $1051 @ $105$ for September; Milling, nominal ; receipts, 5,000bushels; shipments, none.TOLEDO, July 16, 12 noon\u2014Grain\u2014 Wheat, dull; Amber, $109; No 2 Red, $1 09; New, $1 04£ bid, $1 06 asked for cash; $1 04i for July ; $i 02 j asked for September.Corn, quiet ; No 2, 38ic bid for July ; 38 ic bid for September.Oats, nominal.ST FELICITE, July 16 -raining ; light no-east wind.Steamships VikiSg and Eriene outward 8.30 tins a in.Steamship Miramichi outward at 2 p m and one two-masted steamship, with two funnels, outward at 7 p m- FATHER POINT, July 16-Fair; light north-east wind lug Lake outward at 12.30 a m atfcamship Eirene outward at 3 a m ^toamship Viking outward at 445 a m fifinmavp ^iramiehi outward at 7 a m ywterday P Nestori\u201c outward at 11 p m win'd f clear Weather\tnorth-east One ship outward eastawTnd.01°Udy aHd 0001 : str in Brooklyn last evening, and the physicians are doubtful whether it is a case of yellow fever.The Duke of Argyll, accompanied by his daughters and Cyrus W.Pield and Wife, arrived in New York from Newport, on Tuesday morning, in the steamer .iin8t9I> and immediately proceeded m carnages to Field\u2019s residence, Gra-mercy Park.Later in the day the ducal party vmited the Metropolitan Museum ot Art and other places of interest in the city.Augusta, Ga., July 16.\u2014There has been no rain in this section to benefit the crops for two months.The corn in many places is burnt up.The crops will not average a fourth.The cotton is very much behind.This is the hottest and dryest weather since 1839.TSSPS\"'\t- ¦«gSffiS Midnight Despatches md T o ojock l .vM^ GREAT BRITAIN A DEFENCE OF THE BEACONSFIELD POLICY.r and return), 3 cents ; under 3» SI Improve»1 urnaces that well to call vUENA^ COMPAQ AN ANXIOUS TIME IN TRADE.THE IRON be-disturb- London, July 16.\u2014Lord Cranbrook, Secretary of State for India, at a great Conservative gathering, took a hope- uL o\u2019,of tlle future of trade.defended the Afghan war, cause it pacified a hitherto dis! lievorf\tHe said he firmly be heved Russia would fulfill all her en- !L8admednt9 bVha Treat* °f Gorlin, and the refn 11119 'I01 ^>orte to accomplish count ST la Aeiati0 Tutk0y onac- It is\tmany difficulties.of mereie °?lthat the larg?Volume Portant branches S m .ture on Fn?v 0y?e lr°a pdustry , in Sllpf! 5S\"e4r< URarqje THE EDUCATIONAL BILL.™RUL>S M?LlSf FRIENDS™' rs&m doals._v,a.jj«3 al IAW TO *XraL TBE «rora N0I Paris, July 16-\u2014Tha\t\u2022 .the Senate to M.\u2019 Ferry\u2019sPPEd?10n-°f Bui is directed against the ant, clause.There were qo .antl'Jesmt from theBeaureau whon^he facturms -\tmen were elected the=?\u2022 W mmitlee otroiuSulgï;,*1 \u2022'\u201c,m y factoring an City op Mexico, July 11.\u2014It is be-lieved that Generals Trevino and Na-ranja, who were ordered to report at tbe capual for an investigation into the shooting of the revplters at Vera Cruz on the 25th nit., shows that the authorities, unnecessarily and with indecent haste, executed nine men, all of whom had families.The Masonic Lodges have expelled Governor Teran, of Vera Cruz.The conspiracy on the steamer \u201c Li-bertad \u201d and in Yera Cruz had ramifications along the entire gulf coast.The conspiracy is attributed to commercial circles, discontented with the suppression of contraband trade.The Diario Official states that, according to the laws of the country, foreigners serving, and who have fought in an official capacity, become Mexican citizens.The Department of the Interior reports the population of the Republic at 9,686,787.UNITED STATES MINING DISASTER PROBABLE.THE NORTHERN PACIFIC RAILWAY, in a lane off St.Monique street.Two streams of water were effective.Cause of fire unknown.Damage estimated roughly at $50.July 17.\u2014At 1.30 a.m.to day a watchman discovered fire raging in the extensive cooperage works of Mr.Kirkpatrick, corner of Ottawa and Prince streets.The premises are about 100 feet wide on Ottawa street by about 80 on Prince, on which they terminate with a two storey building used as a workshop.The other premises comprise a lumber yard, and sheds fronting on both streets in which were stored a heavy stock of staves and ready made barrels.The fire commenced at the junction of the two streets, and, as it is asserted, the windows of the sheds at that point were left open, it is presumed that the fire originated either by design or from a lighted match carelessly thrown amongst the staves by a passer-by in lighting his pipe or cigar.The whole of the brigade were on hand and got the fire under after a persistent fight for an hour and a half.Mr.Kirkpatrick carries the heaviest stock of any cooper in town.The loss will be large, and it is presumed is not covered by insurance on account of the heavy rate charged by the underwriters for such risks i.e.10 per cent.Cause unknown.Toronto, July 16,\u2014About ten o\u2019clock this evening a fire broke out in the upper storey of W.B.Hamilton & Co\u2019s boot and shoe factory on Front street East.For a long time the flames burned sj fiercely that it was teared that the whole block, one of the best in the city, would go, but, by the most strenuous efforts and great bravery, the brigade finally succeeded in getting the fire under control.The whole of the upper part of the building was completely gutted.The loss will approach $70,000 or $80,000.The stock was insured for $60,000, the machinery for $10,000, and the building for$15.000.Buffalo, N.Y\u201e July 16.\u2014The Pitts Agricultural Works were destroyed by fire early this morning.Loss, $75,000.THE KAFFIR WAR.The following is a copy of a telegram received from Major-General the Hon.H.Clifford to the Secretary of State for War :\u2014 Pkitehmaritzburo, via Maderia, 10th June.\u2014Lord Chelmsford telegraphs on 6th June :\u2014\u2022' Skirmish yesterday with tribal force and our cavalry and mounted irregulars.Lieut.Frith, adjutant 17th Lancere, killed ; two irregulars wounded.Wood returns to the border to-morrow with a large train of empty waggons and a strong escort.I advance one march and halt for the present.\u201d Received by me on 7th June.No date from Lord Chelmsford\u2014To-morrow a flying column returns here with a convoy to bring stores from Conference Hill and Landsman\u2019s Drift.The second division will encamp on the Selefi River to cut off the supply of firewood.A fortified port will be established on the Mondain River.Neither river marked in map.They run parallel to the Kyotyozi, distant from it the latter about four and the fermer ten miles.I received on the 9th June the following from a quartermaster general:\u2014Headquarter?, Lorina River, J une 8th\u2014Second division arrived at Camp Hill, one mile north of the Lorina River.Black 24th, with a troop of the King\u2019s Dragoon Guards, and natives from Royce\u2019s Drift, effected a junction with the second division in the afternoon ; returned to-day.Tribal once assembL d in Lonenti Bush shelled with 9-pounders ; scattered.Further action on our part to-day.Convoy under Wood returning.\u201d Itelizi, June 2.\u2014The following are further dotaiîs connected with the death of the Prince Imperial as far as are at present known.In compliance with tbe request Assistant Quartermaster-Genaral Harrison, but without the knowledge of Lord Chelmsford, Lieutenant Carey, of the 98ih Regiment, started yesterday morning with ix men < t Bettington\u2019s Horae, as an escort to the Prince Imperial, to Inyotyoni river, in order that he should select a site for the camping ground of the troops that night.In addition to the above-named detachment, six men were detached from Shep-stone\u2019s Horse, and were ordered to accompany the party by Stewart, brigade major of General Marshall\u2019s command.These six, however, failed to turn out, and at 9.16 the Prince left, morted by the six men of Bettington\u2019s Horse, and by one friendly Zulu.The party arrived at Itelezi Hill at ten o\u2019clock, and met Harrison there.He informed the Prince that Marshall\u2019s cavalry were advancing up the country.The Prince pushed on, against the remonstrances of Carey, saying, ¦* Oh, no, wo are quite strong enough \u201d At 240 tho Prince arrived at the Inyotyoni river, and crossing it at a dry place called a donga, rode 500 yards further on, to a kraal or centre ring of stones, surrounded by empty Zulu huts.Hare the saddles were remeved and the Prince sat down against a hut and surveyed the country round, taking notes, anl fixing the position of the features of the surrounding country by a compass.New York, July 16.\u2014The subsorip tion o£ two millions for the construction of the Northern Pacific Railway from Columbia River eastward to Pend Oreille Lake has been all taken up by stockholders.The construction will begin as soon as the lino is located.Washington, July 16.\u2014The cotton and woollen rags in the same bale will hereafter be charged a duty of 2o.per pound as woollen rags.A considerable quantity of such rags has lately been sTockrte^ fl°m üanada free 88 paper Indications - Middle States partly cloudy ; lower temperature in evening.Lower Lakes, cooler winds ; partly cloudy or clearing.\t\u2022' Oentralia, Penn .\t\u201e\t,\t-r,\t- > July 16.\u2014The vein of coal in Prevost\u2019s Colliery is still burning faercely.The mine is being Hooded, with poor prospects of overcoming the flames.The Continental and Hazedell Mines are in danger Should they burn, the town will be ruined.Chicago, July 16,\u2014Two hundred cabinet-makers employed in Andrews & Co.struck for eight hours\u2019 work, compromise is expected.FIRE REPORT -l iji lit 3m\" Specially reported 1er tho Montreal Herald.Montreal, July 17.\u2014A lurid glare .up the heavens to the north of the city at 9.30 p.m.yesterday, and continued for about twenty minutes.At the same hour the brigade were called out to a burning shed, in rear of some small tenement houses, the property of a widow named Evans, situate SP0RTÎNÜ INTELLIGENCE MONTREAL HERALD AND DAILY COMMERCIAL GAZETTE.THURSDAY, JULY hotels.1879 half\u2014Ackerman, of Hoboken ; Reisel, of Hartford ; and Rews, of Saratoga ; started.Ackerman won in 14 min., J sec.Seyfort, of Reading ; Sehyler, of Reading ; Peet, of New York ; Clarborne, of New Orleans; started.Seyfort won in 12 min , 14 sec.Pair-Oared-Race, between Gorman Brothers, of the Olympic Club, Albany, winners of the National pair-oared race, Saratoga, last week, and Gay Brothers, of the Zephyr Club, Detroit, was one-sided and devoid of interest.The latter led for a quarter of a mile, but the Olympics left their opponents soon afterwards, and won as they pleased, in 11 mins., 25 sees.The four-oared race was postponed till to-morrow.Considerable interest is mani-fested in the college race between the Cornell, Columbia and Wesleyan four-oared crew.Kingston, July 16.-.Therace Yesterday between the yachts \u201c Emma,\u201d of Oswego, and \u201c Katie Gray,\u201d of Belleville, for $250 aside, was a very exciting affair.The \u201cEmma\u201d was to allow the \u201cKatie\u201d 9 mins, and 23 secs., on account of tonnage.The course was about 32 miles in length.The start was made at 1.15 o\u2019clock, a fresh breeze blowing from the south-west.When the race was two-thirds over, the \u201c Emma \u201d had a lead of 12 mins.A violent squall then came up from the west, compelling both yachts to haul down their canvass.The position of the \u201c Katie,\u201d when struck by the squall, was such as enabled her to overhaul and pass the \u201c Emma.\u201d The \u201c Katie \u201d then maintained her lead, passing the winning buoy about 4 mins, ahead, amid cheering from the crowds congregated along the dock and on excursion steamers.Large excursions arrived this morning from Oswego and Belleville to witness the race.THE AMERICAN TURF.Columbia, O., July 16.\u2014 The pacing race here to-day was won by Sleepy Tom in 3 out of 5 ; best time, 2.14^.Sleepy Tom is blind and made the best time on record.» CONSISTENCY THOU ART A JEWEL.\u201d Some have refused to use \u201cput up\u201d medicines, simply because they do not know just how they are made.Do you refuse to accept the deductions and conclusions of the astronomer simply because you are un-acquainted with his methods of calculation ?You do not refuse to eat, aud yet the exact process by which the fcoi is assimilated into the structure of the body is unknown.Are you always able to translate the Latin prescriptions obtained from your family physician, andjunderstand the effect of eaen remedy named, and the chemical change each may undergo when combined with another ?Then why, let such groundless objections debar you from using a remedy that has cured your neighbor ?Take Dr.Pierce\u2019s Golden Medical Discovery.Thousands bear testimony that it has speedilv and permanently cured them of coughs, colds, ineipient consumption, and almost all forms of scrofulous diseases.Can you doubt that it is a pure, potent, and valuable medicine ?Are the parties whose names are published false witnesses ?Read Pierce\u2019s Memorandium and Account Book given away by druggists.\u2014 Moriz Yokay, the well-known Hungarian writer, advocated a pacific policy in his speech on \u201c Peaceful Years,\u201d and pressed the Hungarians to abstain from armed inteiference in the Eastern question.Ho said this war should be resorted to only as the last means of saving a country ; that in all other cases it is unjustifiable, since it unavoidably brings misery to the victors as well as to the defeated.He showed that Russia, though victorious in her last war with Turkey, lost 200,000 men, of whom 18,000 peristied from frost, and that she also lost-one and-a-halt milliard roubles.In Hungary, during the Seven Years war, he said, there were destroyed twelve hundred towns and villages, while at the same time taxes were increased from three millions to four millions.\u201c He who increases the prosperity of his country without sacrificing the people achieves the most glorious victory,\u201d says Moriz Yokay.\u2014There were 16,000 emigrants to New York from Liverpool in May, against 10,-000 in May, 1878.Prescription Free for the speedy cure of General Weakness, Loss of Manhood, and all disorders brought on by indisere tion or excess.Any Druggist has the ingredients.Address Davidson A Co., 78 Nassau street,* Now York.mwf D W A Card.To all who are suffering from the errors and indiscretion of youth, nervous weakness, early decay, loss of manhood, &c., I will send a recipe that will cure, free of charge.This great reined was discovered by a missionary in Sout America.Send a self-addressed envelops to the Rev.Joseph T.Inman, /Station D, Ne w York City.\tD T*t W £ Insurance 3\u2019Toitcce, 2*XtsceHaueeus.LACROSSE.MONTREAL VS.SHAMBOClCS.The deepest interest is taken by the sporting fraternity in the coining match between these famous clubs.If Saturday afternoon is fine, we expect to see the finest and most scientific game of Lacrosse that has been played in our city for years.The betting up to date is in favour of the Sham-rooks, 3 to 1 being given and taken on their winning the match and retaining the Championship, and 2 to 1 that they win three straight games.A great deal of money is already up, the friends of both clubs standing by their men.Our report of the match last Saturday, between the Montreal Club and St.Reg:« Indians, has been, it seems, attacked |in no polite terms by the Star, not for any inaccuracies in it, but because we stated that no reporter with the aid of a field glass and short-hand notes was able to give a correct detailed account of the play of each man on the rival teams.Our polite evening contemporary appears to have put on the cap, and then accuses us of having our report made up by an \u201c amateur,\u201d who is a lawyer and a member of a lacrosse club.If our contemporary is in the habit of getting amateurs to do reporting for its columns well and good, but it should be careful not to make rash assertions as regards tbe Herald.The répertoriai staff of this paper are quite capable of making up lacrosse reports without any \u201c amateurs \u201d assistance or \u201c coaching \u201d and without the aid of field glasses, and what is more, give a correct report.The report of Saturday was made by a member of our staff, who is a ^member of the .Montreal Lacrosse Club.Goderich, July 16.\u2014A game of lacrosse was played between Elora and Goderich on the 14th inst., which resulted in a draw, each winning a game.SHOOTING.the international rifle match.Ottawa, July 16.\u2014-The International small-bore match between the Ogdens-burg and Ottawa Rifle Clubs was concluded at 10.30 this morning, Ogdenaburg winning by 64 points.The following is the score for the 1,000 yards range :\u2014Ottawa team : Grant, 67 ; Booth, 65 ; Potter, 48 ; Waiters, 59 ; O\u2019Grady, 59 ; Sutherland, 55.Total, 353.Ogdensburg team : Pickup, 70 ; Ives, 70 ; Callaghan, 66 ; Warner, 68; Lee, 66; Hastings, 66.Total, 406.Ogdensburg were 11 ahead at the close of yesterday\u2019s firing, giving a total in their favour for the three ranges of 64 points.At the close cheers were given for the respective clubs, and the Ogdensburg team left for home on the 11 o\u2019clock train.The following is the total score :\u2014 Ogdensburg : 809 yards, 414 ; 900 yards, 374; 1,000 yards, 406.Total, 1,194, out of a possible 1,350.Ottawa : 800 yards, 404 ; 900 yards, 373 ; 1,000 yards, 353.Total, 1,130.THE CANADIAN WIMBLEDON TEAM.London, July 15.\u2014There was better weather to-day at Wimbledon.Shooting for the Queen\u2019s prize began to-day, and the Canadians are well up in the first range.The competition will be continued to-mor-row.A handsome writing case of Canadian wood was presented to Captain Mildmay, secretary of the National Association, in the Canadian camp to-day, on behalf of the Canadian Association, in recognition of the kindness and attention shown to the Canadian team by the Captain on every visit to England.Captain Mildmay expressed his thanks, and promised a continuance of his attention while he was connected with the Association.Lords Thorncliffe, Hertford, and other members of the Council, witnessed the presentation.The Duke of Cambridge is expected to pay a visit to the camp shortly, and it is hoped the Prince of Wales will be present during the meeting.AQUATICS.THE LAKE GEORGE REGATTA.Lake George, July 16.\u2014The opening races of the Lake George Regatta took place to-day before a large attendance, The water was rough.First heat\u2014Junior Singles, mile and a Eastern Division: SATURDAY EXCURSIONS.Tickets to all Points on this Road as far East as THREE RIVERS, good to go on SATURDAYS and return on the following MONDAY, will be sold ATM SUNGLIU FAKIR.N.B.\u2014These Tickets will, under no circumstances, be extended, and if presented on any other day than those specified, will be taken up and full fare collected.STARNES, LEVE & ALDEN, Agents, 202 St.James Street, and 458 Notre Dame Street, Montreal, J.T.PRINCE, General Passenger Agent.Quebec, 10th July, 1879\tsf IS 165 AGKERMAN- MUMUIM FlfJE A Head Office, Province of Quebec, 110 St.Francois Xavier Street, MONTKEAF.March 26 JOHN F.NOTT, CHAS.D.HANSON, Joint General Agents.3m wfm 72 T K F Merchants\u2019 Marine Insurance Do.OF OAIVAIFA.Capital, ¦ -\t#£500,000.HEAD OFFICE, MONTREAL.Agencies in all the Principal Cities and Towns of the Dominion- All Classes of MARINE RISKS accepted at Current Rates.J.K.OSWALD, General Manager.May 31\t129 H British anil Mercantile FIRE AND LIFE Insurance Company.ESTABLISHED 1809.Subscribed Capital, £2,000,000 Big.FINANCIAL POSITION OF THE CO\u2019Y.1.\u2014Funds as at 31sf December, 1878.Paid-up Capital.£350,000\tStg.Fire Reserve Fund.794,577\t\u201c Premium Reserve.305,065\t\u201c Balance of Profit and Loss Account.57,048\t\u201c Life Accumulation.£2,852,567 Annuity Funds.300,080 2.\u2014Revenue fbr the Tear, 1878; From Fire Department : Fire Premiums & Interest\t£976,160 From Life Department : Life Premiums and Interest.£438,737 Interest &c., on An\u2019uity F\u2019nds.12,040 -\t£450,777 Total Revenue.£1,426,937 \" or, $6,944,426 73 WILLIAM EWING, Inspector.GEORGE N.AHERN, Sub-Inspector.Head Office lor the Dominion in Montreal.MACDOUGALL & DAVIDSON, General Agents.May 24\t123 BOSTON MARINE UNDERWRITERS.THESE COMPANIES CONTINUE TO I TV S TJ ZR, E Ocean Marine Cargoes and Freights AT CURRENT RATES OF PREMIUM Losses promptly paid in Boston, Montreal or London.H.HERRIMAN, Manages.May 6\t107 THE EQUITABLE LIFE This Society continues to advance.Its Assets, soundly invested, are now nearly $36,000,000, and its business for 1878 was over $21,000,000, with a surplus of nearly $7,000,000, after returning to their Policyholders and Representatives, in Dividends and Death Claims for 1878, over $6,000,000.In these times such results are astounding, but one recognizes the true reason when the Dividends paid on matured Tontine Policies in the Equitable are learned.As an illustration of the benefits arising to parties who have invested in this system of insurance, the result of a few policies are mentioned, viz.:\u2014 The holder of Policy No, 48,734, will have a reduction by dividend this year of between 84 and 85 per cent, of his premium, with every prospect of larger annual reductions hereafter.Another Policy issued in 1869 will, on the basis of dividends of 1878, have its next annual premium reduced from $77,63 to $12.03\u2014equivalent to 84 per cent.Another issued in April, 1869, age 58 years, gross premium $244.37, has this year demanded a premium of $126.84, or a little more than half the original premium, and on the basis of present dividends, will next year be reduced to $55.30, a reduction of77 per cent- Many Policyholders, after only eight or nine years\u2019 experience, are receiving profits of 80 and 85 per cent, on their premiums per annum, and with prospects of steady increase.For further information, apply at the General Agency for the Dominion of Canada, 157 ST.JAMES STREET, Hkkald Building, or any of the Agencies throughout Canada.R.W.GALE, General Manager.Dr.Druitt, of London, who is recognized as the first authority in Britain on Wines, concludes an article to the Medical Times and Gazette, on the above brand, as follows :\u2014 \u201c If a man who desires a Sparkling Wine, whether for merriment or health, \u201c can afford one of the Grand brands of \u201c Champagne, he may please himself.\u201c He gets, or believes he gets, value for \u201c his money.But for the middle classes \u2018 \u2018 who cannot afford this, and yet who want Sparkling Wine, it surely is fool-