Cincinnati, O., Doe. 19.- A bicyelethat gocs a mile a minuto is the inventioii of John A. Ferguson, a Cinciunati machinist. Sii capitalista, represen ting 62,000,000, met Wednesday and made a propositiDii to purehaaé the plan. It operates on au en! ircly n v pedal plan The pedáis, ínstead of describing circles, move vertically. In one revolution of the wheel the foet travele eigllteea inches co forty in the ordinary safety. At iictual trial the new bieyelo uiade a half mile in thirty-one soconds.