OTLKY.Wo And thin ii lively little (own on itho I»* Moines Valiev Railroad. One hotel, kept by W.B. Keeler, fnr-niuhe* us good accommodation*, Hnd whilst we eat our dinner friend W. M. Donncl enlightens us on the bin-(orv of the place. lie In forme in that it wni ImI«I out in September, |Rrt7, and now hint a population of about 176. It contain* six stores, two saloons, two blacksmith shops, two shoe shops, one of theoe last for the manufacture of wooden shoe*, an article much worn by the Holland population near the town. They nave one milliner shop, one doctor, and (Oh, what a haven of r«wt), no lawyer; one No. 1 flouring mill, owned hy Hcheuck A Bell. There lias been a lumber yard here until recent-ly, and a now one will be atarted in the spring. A good school house and three g(nd meattog houses, owned by the Baptist, Met hod Ut and Keform Denominations; two grainelevators that have shipped on an average, nlamt 100.000 bushel* of wheat, 60,000 bushel* of corn, 40,000bushels of oata, and 60,000 bushel* of |Ktatna*. We were unable to learn anything about the shipment of live stock, which ha* l*K.*n large, as our tiaiH has been limited. Otley la situated in Summit township, one of the richest and finest in the State, and ia coincident to incshiuiHtahlabadfl of coal, lu connection with