408 4Eirrz Di* Va. XLth. CONGRESS Senate.—December B.—Among bills introduced was one to continue the Freedmen's Bureau in cer tain States, and to abolish the Franking privilege. The President was asked for information as to Para guayan relations. December 9.—Mr. Sumner introduced a bill to declare the present Government of Georgia to be only provisional, as the requirements of the Recon struction acts have not been complied with. The bill relieving Chief Justice Moses of S. C., from po- litical disabilities, was passed. The President's message was received and a few pages read, but at the passage denouncing the Reconstruction Acts as "unconstitutional laws," Senator Conness inter rupted with a motion to dispense with the further reading of this disrespectful and offensive message. The motion was seconded, and, when withdrawn, after some debate, was renewed by Senator Simon Cameron. The Senate adjourned without coming to a vote. . . December 10.—The Impeachment Investiga tion Committee was continued. The Copper Tariff Bill and the Indian Bureau Bill (from the Rouse) were appropriately referred, as was an Impartial suffrage Amendment to the Constitution, and bills providing full pay for ten hours work in Govern ment employ, regulating the elective franchise, ma king the two highest grades in the army and navy inaccessible by promotion for seniority. TheAre mainder of the President's message was read, and it was tabled. Adjourned till Monday. December .1.4.—A memorial from the Union League of New York in reference to election frauds, was presented. Bills were presented for the re demption of U. S. notes and to, compel national banks to redeem theirs in gold, to amend the Natur alization Laws, to punish the holding of office in defiance of the XlVth Amendment, and to rem.- ganize the Supreme Court. The Secretary of the Interior was asked for information in regard to the battle with Indians on the Washita. Resolutions (offered by Senator Cattell) censuring the financial heresies of the i'resident's message were referred. House.—December B.—The Bill increasing the Tariff on copper was passed. The Resolutions of the Oregon Legislature asking the Oregon Senators to resign for having " voted for plea:lly unconstitu tional measures," were presented, but on motion were sent back as " impertinent and scandalous." A bill was reported from the Military Committee, transferring the Indian Bureau to the War Depart ment, and was passed (116 to 33.) A bill repeal ing the Tenure of Office Act, and resolutions de- Oaring war against Great Britain in retaliation for her treatment of Irish-American citizens, were in troduced. December 9.—A bill for an election in Vir ginia was reported and discussed. The Presi dent's message was received and read. Mr. Wash burn denounced its " repudiating " doctrines and Mr. Broomall offered a series of resolutions repudi ating Johnson's repudiation. It was voted to print the usual number of copies, but not to print any extras, nor to refer it as usual to the Committee of the Whole on the State of the Union, or any minor committees. The Virginia election bill was passed, with the change of the day fixed from Jan. to May. December.l.o.—Bills were passed to sell Govern ment property at Harper'e Ferry, fixing the number and rank of Judge-Advocates, consolidating the soldiers' asylums, and giving full pay to officers detailed as militory professors in colleges. Bills were referred—establishing a system of national military education, amending the whiskey tax law, and allowing national banks to issue unlimited notes, tout substituting four per cent. bonds for - those now held. Adjourned till Monday. December 14.—Bills were offered to legalize gold contracts, to allow of military organizations in the Southern States, and to enforce United States laws in Georgia. The Reconsauction Commit tee were directed to inveatigato IC.-K. K. outrages, nutl the Military Committee to inquire into the ex pediency of allowing military organizations in the South. Resolutions denouncing the President's fi nancial heresies, and repudiating all forms of repu diation, were adopted by a vote of 146 to 6. A special committee was raised to investigate the elec tion frauds alleged in a memorial of the N. Y. Union League. A message was received from the Secre tary of State, saying that the divulgence of the Ala bama negotiations correspondence was incompati ble with the public interests. The bill for the re sumption of specie payments was made the Order for the first Wednesday of January. The Committee on Expenditures was directed to investigate the al leged misuse of $2,000000 of the Alaska purchase money. [Six of the bills proposed in Congress in volve female suffrage, four proposing constitutional amendments for that purpose.] GENERAL. The Treasury.—The Annual Report of the Sec retary deprecates the continuance of an irredeema ble "green back" currency, proposes this shall sot be legal tender for debts contracted after Jan. 1. 1870, nor after Jan. 1, 1871, for army debts ; ur ges that our debt ought to be a home debt, where as $850,000,000 are held in Europe, while $l,lOO, 000,000 or gold has been sent out of the country since 1848. It shows that the Internal Revenue receipts have been falling off at an increased rate since 1866, and recommends a reduction of expen• ditures and proposes to raise $300,000,000 next year by increased internal duties and a reduced tariff. During the year the national debt has increased $35,- 62.5,102, of which $24,152,000 went for the Pacific R. R., and $7,200,000 for Alaska. It urges the early payment of the whole debt. It shows that the debt at the close of the war was really $2,997.- 386,203, of which $470,256,650 has really been paid. It strongly opposes all forms of repudiation, pay ment in green backs, or funding in bonds bearing a lower interest by use of threats to adopt the former alternatives. It vindicates the National Banking System, but sharply censures some of the practides of the New York banks. The total debt, Dec. Ist, after deducting cash in the Treasury, was $2,539,- 031,844.14, an increase of $11,902,292 since .Novem ber Ist. During the month $24,205,000 was paid out in interest falling due, and $44,337,000.00 of the whole indebtedness is loaned to the Union Pacific R. R. 11. S. Supreme Court —The first Friday in February has been fixed for the hearing of :Judge Black on the question whether the Act of Feb. 5, 1865, deprived the Court of jurisdiction in the Mc- Ardle case. STATES AND TERRITORIES. Messachusetts.—The Democrats re-elected their Mayor in Boston, Dec. 14th, also the Mayor of New bury port. New York.—An American citizen of African descent, James H. Dorrell, has sued the City Board of-Registry for illegally excluding him from Regis tration. . . illinoia.—The Mississippi is frozen from Cairo up an the thermometer has been down to 10° de grees below zero at Chicago. Indiana.—A " Vigilance Committea" (one hun dred strong) came from Seymour early on the morn ing of Dec. 12th to New Albany, broke open the jail, and hung four of the notorious Reno family, (express robbers), two of whom had been arrested by the Dominion of Canada upon a pledge by the S. that they should have a fair trial, and. if found innocent should be rimmed to canticle. Montana.—Gov. fait in his annual message re commends legislation to encourage European emi gration, as a coutiterpoise to, that from China. THE AMERICAN PRESBYTERIAN, TITURSD AY, DECEMBER 17, 1868. California —ln San Francisco the small-pox is very prevalent, 1,110 cases in six months and 162 cases in the first ten days of December. Virginia.—ln the Richmond U.S. District Court, Dec. 12th, Judge Underwood discharged a colored woman under sentence of death for arson, because one of the State Judges, who tried her, was disqual ified by the XlVill Amendment. This liberate. 159 convicts in the State Prison. Arkanaaa.—Great excitement is reported to pre vail in Conway county, in consequence of the irreg ular conduct of the colored militia. The Sheriff has petitioned the Governor to disband the militia, and has, in the mean time, called upon the white citi zens to assist him in restoring peace. Florida.—The Supreme Court has rendered a judgment of ouster against Lieut. Gov. Gleason, who will probably appeal to the U. S. Supreme Court. Louisiana.—The crews of several Peruvian trans ports at New Orleans, have mutinied and raised the American flag and the municipal authorities refuse to cc erne them. The Indians.—Col. Wynkoop, Agent of the Cheyennes and Arapahoes, has resigned his posi tion, denouncing Gen. Custer's attack on Black Kettle and his band as a massacre, as they were friendly and on their own reservation.—Keokuk and other friendly chiefs, prosecute the Commis sioner of Indian Affairs for arresting them at Chi cago and for false imprisonment, laying damages at $lO,OOO each. The Bureau had ordered that no del egations be allowed to visit Washington without permission. BY ATLANTIC TELEGRAPH. December B.—London. - 7 A heavy gale swept across England on Sunday night, damaging houses, harbors and ships.—A new telegraphic arrange ment fixing uniform rates, instruments, (Morse & Hughes) and language to be employed on the lines of continental Europe, has just been concluded by a convention at Vienna, and goes into force with the new year. The' tariff to India is reduced 50 per cent., or to MI francs.—Disraeli formally resigned the seals of office yesterday.—J. D. Coleridge is to be Solicitor General.—One boat with Stty-two pas sengers of The Hibernia reached Glasgow- safely. Three other boats with .81 passengers and sailors are still missing.—Paris.--Le Moniteur announces that Bismarck in interviews wi.h the Ambassadors ot.France, Russia and England assured them that he confidently hoped for the peace . of Europe. December 9.—London.—Henry A. Bruce is to be Home Secretary, and Layard, President of I he Board of Trade.—The Telegraph says that the Liberals are now ready to continue the Alabama negotiations in the same spirit of honor and concession as charac terized the diplomacy of Lord Stanley, to whom Eat 1 Clarendon will be a worthy successor.—The Hiber nia was lost through the breaking of the screw shaft, which when loose caused a fearful leak in theliold. —Paris.—The editor and publishers of Le Revue Politique have been heavily fined for their share in the Baud in subscription.—Madrid.—La Gazetia an nounces that the insurgent Republicans were not put down in Cadiz as reported, and that they hold the city, but were trying to make terms with the Provisional Government.— Vienna.—The President has issued a pacific address to the army.—Berlin.— Bismarck agrees that after 1870 the expenses of Foreign relations shall be made part of the North German and not the Prussian budget. He says that Prussians have enjoyed for twenty years all the lib erties accorded by recent Austrian reforms. December 10.—London Twenty-five persons were certainly lost in The Hibernia.—The Times says it can hardly believe that the 11. S. Cabinet or a Congressional majority will reject all the Eng lish advances towards a settlement of the Alabama claims.—The new Parliament was opened this af ternoon, the speech from the throne being omitted. —The new ministry had met the Queenyesterday, and formally accepted their positions.—The Sultan has given Greece six days to answer, and is sustain ed by England and France.—Paris.—La Pattie thinks President Johnson's message of no impor tance.—Madrid.—Tha Cadia Republican insurgents have secured an armistice to bury, the dead and re move the women and children. They have armed the convicts and are three thousand strong.-Eve ning.—The rebels have offered terms which will probably be accepted.—Pesth.—The Emperor in his speech at the closing of the Hungarian Parliament praised their measures to restore harmony and pre serve the integrity of his dominions, and hoped for friendship with Prussia. December 11.—London.—Earl Spencer is to be Lord Lieutenant of Ireland.—Parts.—Le Gaulois as cribes the Cadiz insurrection to emissaries of Isa bella.—Madrid.—A bloody, but indecisive battle between the insurgents and the troops has taken place, the terms proposed by the former being re jected. The Republicans hold the foreign Consuls prisoners, to prevent the bombardment of the city. Xeres and Malaga, in the South, and Tarragona, in the East, are greatly excited. .Prim has gone to the South.—Berlin.--Bismarck says, " The fears of war, prevalent last summer, have passed away." December 12.—London.—Geo. F. Train has been liberated and sails to-morrow for America by the Australasian. He sues the Marquis of Abercorn (Lord Lieutenant of Ireland) for $lOO,OOO damages, besides some smaller items.—Spain is profoundly ag itated and all classes are alarmed, but the insurrec tion is confined to Cadiz. The Government has done everything in its power to obviate the necessi ty for a collision, and to induce the Republicans to yield to reason and patriotism, and not force the na tional troops to fire on them. A. Carlist uprising in Arragon is feared.— Treenno.—As Greece refuses to accede to the demands of Turkey, (backed by the Great Powers), her Ambassador is preparing to with draw from Athens. December 13. London.—ln Spain a crisis is ap proaching. Admiral Topete has gone to Cadiz, but the insurgents refuse to listen to his offers, unless they aregiven a share inthe Provisional Government. The port has been declared blockaded—A fleet of two iron-clads and transports with '3OOO troops sails tbr Cuba, Dec. 15th. Turkey is preparing for war with Greece and concentrating troops in the Thessalian frontier. Athens despatches say that Greece will yield nothing, but the king has been written to by the king of Denmark (his father) and the Prince of Wales (his brother-in-law), urg ing him to come to terms, and hopes of an agree ment are entertained in Paris. December I.4.—Londqn.—The Times praises the S. system of cheap newspaper postage, and free exchanges, and hopes for its adoption in England. —The elections (from boroughs) of 34 Liberals and 37 Conservatives are disputed.—Paris.—The Cadiz insurgents have given up their arms, and the troops now hold the city. The Duke of Montpensier of fered to help in putting them down, believing that they were acting in the Carlist interest.—The Great Powers are straining every nerve to keep the peace between Turkey and Greece, and do not despair of success.—Pienna.—The Budget shows a deficit of £3,soo,ooo.—Madrid.—About thirty persons have been arrested for inciting the workingmen to insur rection. FOREIGN BY HAIL. Canada.—Toronto votes $400,000 in city bonds for the new narrow guage R. R. Tux purest and sweetest Cod Liver Oil in the world, is Hazard and Cas*elfs manufactured by them upon the sea-shore from fresh and healthy livers g it is perfectly pure and sweet. Patients who have once taken it can take no other. After years of experimenting,-physicians have decided it better than any of the brown oils. Sold by all druggists. Nov. 12-4 t. TO CAPITALISTS AND INVESTORS. THE FIRST MORTGAGE BONDS Of the ROCK FORD, ROCK ISLAND, AND ST. LOUIS RAILROAD COMPANY, pay the Principal and &vas PER CENT INTEREST First February and First August, in GOLD COIN, Free of Government Tax. • A limited umount only of these Bonds will be sold at 97/ and accrued interest in Currency, by by Bankers and Brokers, Agents of the Com pany in different parts of the Country, and at the office of the Company. GOVERNMENT AND OTHER APPROVED SE CURITIES received in exchange at full market Pamphlets giving full information sent on re quest. H. H. BOOD 7, Treasurer, 12 WALL STREET, NEW YORK DRY GOODS AT 140 North Eighth St., Philad'a. DUNKLE & DREISBACH, Have just received from New York and Philadelphia markets, d fine selection of the newest style of Dress Goods, including handsome Stripe Poplins, from 371 to $3 per yard. Changeable Serges in great variety. A ;Large stock of Black and Colored SILKS, Black and Colored ALPACAS, sad ALPACA POPLINS; also, WHITE MOLIAIR, LYONS Black MANTILLA ViLVllTS'frciat $l2, to $22 per yard. Blankes Sha'srls, all new patterns from $4 to $7 50. ffiisses Shawls, ftkiin • 5734 cts. to $1 25. Fine all wool BLLNKWfS, Crib Blankets,Counterpanes. Table Linens, Napkins, Doylies: Balmorals, Grand Duchess, La Belle and Skating Skirts, All the 'leading makes of Muslims, Cantonand all wool Flannels constantly on hand. Towels from 12% cts. to $1; Hankerchiefs from 13% to $l.OO Corsets of the best quality and make. Grecian Bend Hoop Skirts. Velveteens, all colors lor Ladies Suits. , , Kid Gloves, all the new shades. , Edgings and Insertings, Quadruple Puffing. French Bows, (Ladles Ties) all shades, very handsome. * No goods misrepresented. Samples sent by mail on appli cation. We offer a liberal discount to Ministers and their families, also Institutions and Hotels.. • • novl9 tf SLOCOMBISIHOME4KA.DE MINCED., MEAT. Meat cooked by steam, and cut by chopping; fruit washed and everything kept clean and nice, en that families who nee it once will continue it. SLOCOMB'S Cheese Stand, FIFTH Street Mar ket and Farmers' Market. aevl9tt PHONOGRAPHY, TAUGHT BY Prof. S. X. STILES, A.' X., Phonograpido Repovtot‘ mom& Arch PHI . _ TERMS: Momentary Ouaree—td" Twenty-filar Lopsoody - - - $lO.OO Advanced " . " 12.00 0ct.22 • • STRICT ECONOMY IN " MANAGEMENT. PROVIDENT LIFE AND. TRUST CO., OF PILLLA.D_ELPIELt. OFFICE No. 111. SOUTH FOURTH STREET Organized to extend the benefltii of Life Insurance among member of the Society of Friends. All good risks, of Whatever denomination solicited. President," SAMUEL R. SHIPLEY, Vice President, . Actuary, WM. O. LONGSTRETH. ROWLAND PARRY. Insurance effected upon all the approved plans at the lowest cost No risks on doubtful or unsound lives taken. Funds invested in first-class securities. Economy practiced in all the branches of the business. The advantages are equal to those of any company in the United States. june4 ly SAMUEL K. SMYTH, Practical Manufacturer In every description of SILVER:PLATED WARE, GOLD AND SILVER PLATER, No. 724 Chestnut Street nooß,) COMAOINION SETS TO MISSION OHURCEES Under care of oar Committees, FURNISHED AT COST. octp 9m PHIL'ADELPITIA. 1033:, Look!! Look!! 1033. lYall Papers and Linen Window Shades Neatly Ming! s • We Manufacture all colors of Shading. Cheapeid in the city. Giye us a • JOHNSTON'S DEPOT, 1033 ring Garden et., ,just below 11th, Phila. 0111 4weg.-307 Federal St.. Camden, N. J. GYMNASIUM Corner of Ninth' and, Arch Streets, OR Ladies; dentlemen and Children, open for the Winter F course. Open day and evening. Call in person or send for circular. PROF. L. LEWIS. oct3 THE GREAT Holiday Confections IMMENSE VARIETY For Choice Presents. STEPHEN . F. WHITMAN MANUFA CTUREE., No. 1210 Market Street, . . . PHILADELPHIA. dee 14f JUST ISSUED. The Do Good Library, for Little Readers. Nine new books in large typo, each 72 pp„ 18mo., with two Mins traticttm By the popularfuveulle writer, Martha Farquharson. .tlntsa Rand, Grandma Poster's Sunbeam, Little Patience, Little Helper, _Little Dick Positive, .Leitering. Liners, Maull"s Two Homes, Stupid Sally, .TJilly the Little Girl who Tried to Kelp Others. Each book 25 cents, The whole set in neat box, AMY HALL BOOKS Six new and interesting books, each 72 pp.,18m0., with two Il lnatrations. By Mrs. Mary,J.lllldeburn, author of ..Money,'.2c., well known as an Interesting writer for the young. dingy Mall. Carries Peaches, Daisy Delatapir); or, .Fantttefs Rule, ' The lose Lamb, Miss Clare's Party, Three Centel or, Lefties Way or Doing Good, Each book 35 cents. The whole eet in a neat box, THE CHINA CUP. ' 115 pp, 18trio. Two llluetrattone; AO CHINAMAN IN CALIFORNIA. By the anther of. the" Chinese "Cherry the Miesionary.' &d., 150 pp., lBmo. • Three llmstracionep— ' .50 Work for All. and Ways of Working. By Rev. C. P. Bush, D. D. Author of . " Five Years la China." 128 pti., 18mo .40 Full Catalogues furnished gratis , on application. , Any 0/ our books sent by mail for published price. Address, PRESBYTERIAN Publication I;onimittee, No. 1334 Chestnut Street, 'Philadelphia. New Bookg for Old and Young. THE DUTCH REFORMATION. Large 12mo. 823 pp. $1.75. Poet 32 CONVERSATIONS t.F CHRIST HUM REPRE SENTATIVE MEN. Large I2mo. 290 pp " 1.75. " 20. DEVOTIONAL THOUGHTS. Large 12mo. 566 pp... 1.25. " 24. MIRAGE. OF. LIFE. Square 18mo. 201 pp . 70. 12. CHILD'S LIFE OF LUTHER. 18mo. 123 pp 30. " 8. THE PERFECT LAW. 18mo. 199pp' " 8. OUR EARTHLY HOUSE AND ITA BUILDER. 18mo. 1994 q). 50. " 8. JASPER AND LUCY. 18nau. 132 pp AMONG THE CRAGS. 18mo. 189 pp 40. " 8. ORPHANS OF GLEN ELDER. 18mo. 272 pp 60. " 12. HATTIE MAY. 18mo. 206 pp 60. " 8. MARK STEADMAN ; or; Show Y, ur Colo, s • 50. " 8. THE STOLEN CHILD. A story of great interest.... 60. " 8. DAUGHTERS OF THE CROSS. A floe book for young ladies 85. " 12. ANCHORED. Emir Engravings. 271 pp. 16m0.... 1.00. " 15. HOLDEN THREADS. By Mrs. Helen C. Knight. 234 pp. quar to. $2 50; cloth. gilt, $3; Test. 50c. With large, sflendid engra vings, and the most attractive and instructive reading for the young. Like the" Flowers of. Springtime," issued seven years ago, this will be a household pet,Ato which children, when other amuse ments tire, will continually resort. AMERICAN TRACT SOCIETY, • 1210 Chestnut Steet, Philadelphia A BEAUTIFUL Illuminated Paper for Children. THE CHILD AT HOME, IN 001_1012,5, Is the only paper of the kind in the country. It is printed in several brilliant colors and when bound in a vol ume it makes a beautiful PICTIME ALBUM.. We endeavor to make it the best periodical in the country ;for children, and believe It unsurpassed either in beauty of design or adaptation to the spiri tual wants of the young. Each number is embellished by at least four original engravings. It is given by many 'Sabbath School Superintendents and• Teachers as a reward for.punctual attendance. Price only Ffty cents a year: ten copies to one address, Four Dollars. Any person' subscribing for 12 copies, with $6, may receive the SABBATH AT .11031 P. for 1869, Free. - Boys AND Gums 1 be sure and subscribe. ` Published by the American Tract 'Society. Address, dee 13-1 t B CHILD AT H 0518.164 Tremont Sir., Boston HOLIDAY PRESENTS. THE American Sunday-School Union has an EXTENSIVE ASSORTMENT of interesting and Beautiful Books OF MORAL and RELIGIOUS character for CHILDREN and YOUTH, suitable for Christmas and New Year Presents. Also, for eale _BIBLES and DEVOTIONAL BOOKS of the different denomi nations. Catalogues of the Society's Publications, and Specimen copies of its Periodicals, furnished gratuitously at, the Depository, No. 1122 Chestnut Street; Philadelphia. Dec.lo—tf. BOOK E N T S.—Clergymen wishing additional employment, Superintendents and Teachers of Sunday Schools, and others, male and female, wanted. to introduce our fine FAMILY Eterriox of CRUDEN'S CONCORDANCE to THE HOLY SCRIPTURES. Commissions liberal, and exclusive terri tory given. Send for Circulars and terms of agency. Addrese - 0. D. CASE & CO., Publishers, at Hartford, Conn. 116 Nassau St., N. Y., Chicago, 711., or Cincinnati, Ohio. oct2t-2m .THet NOAS F,REELAND, FURRIER • No. 522 . , ARCH STREET PAILADELPHIA. ALASKA. SABLE, MINK SABLE, ROYAL ERMINE, PERSIANA, SIBERIAN SQUIRREL, and every Style and Quality of FURS worn. Our Prices will be found as low as a good article can be manufactured, and the nnts• lie can be assured that no coloured imitation will be sold for the genuine article. oct29-3m. Blinds„ Shades, am . CHARLES L. HALE, Manufacturer. No. 831 Arch Street, Philadelphia. . Curtain Cornices Fixtures, &c. . Hoßands, Gum Cloths. Shade Fixtures, Blind Trimmings, etc. Old Blinds painted and Trimmed to )ook equal to new. Store Shades made and lettered. ' Orders through Mail promptly attended to. not A. 2 TOYS. TOYS. TOYS. th eat. Bargains ! Great Bargains! U& are now selling off our entire Stock of Toys and Fancy Goods at greatly reduced prices. FRENCH AND. GERMAN. TOYS In greet variety. . . . Reeking-Horses, Sleds and 'Velocipedes. Fairs supilied with Toys at a little over'east. Call slid exatoine:oar Stock* 109 South 2nd St., below Chestnut; 900 MILES OF Tlf UNION PACIFIC RAILROAI Are now fittlehed and in operation. Although this road is built with great rapidity, the work Is thoroughly done, and is pre• bounced by the United States Commissioners to be first-class in every respect, before it is accepted, and before any bands can be is•ned upon ft. Rapidity and excellence of construction have :teen secured by a complete division of labor, and by distributing the twenty thou sand men employed along the line Par long distatrces at oboe. It is now probable that the Whole Line to the PACIFIC will be Completed in 1869. The COMpatly have ample means of which t to Government grants the right of Way, and all beceasary timber and other mate rials found along the line of its operatimis 12,800 =tea of land to the mile; taken in alternate sections or each side of its road; also United States Thirty-year Bonds, auroanting to from $16,000 to $48,000 per mile, according to the dtllcnitles to be sur mounted on.tbe various sections to be built, for which intakes a second mortgage as security, and it is expected that not only the interest, but the, principal amount may be paid in II 7rvice rendered by the Company in transporting troops, malls, Ac. THE EARNINGS OF THE UNION; PACIFIC RAILROAD, from its Way or-Local Business only, during the yeerOP ding June 30th, 1168, amounted to over . Four Nrdllion Dollaxs, which after paying ell eipenses wasiniscitmore than sufficient to pay the Interest upon'lts flonds.' These earnings aje no Indication . 01' the vast through tr.ifflutbat must folldw 'the Opening of the , line to the - Pacitic, hut they certainly prove that ' rirst Mortgage Bonds upon such a proilerii, costing nearly three times their amount, Are En#rely Seeime.; The. Union Pacific Bonds run thirty years, are lorsl,ooo each, and have coupplarattached. They tear annual interest, pajable on the Brat days of, January and July at the Company's of in the City of New York, at the. rate of six per pent ; in gold. The principal is payable in gold at maturity. The price i 5,11.02, and at the present rate of gold ; they pay a liberal income on their cost. A very important consideration in determining the value of these bonds is the leilgth of time they have to rum It is well known that a long bond always command's a much higher Price than a short one. It is safe to assume that during the next thirty years, the rate.of interest in the United States will depline as ftbas done in Europe, and we hive a tht to expect that such lix per cent. securities as these will be held' at as high a premium as these of this GOvernmerit, which in 185 T, were bought in -at from 20 to 23 per cent ahove par. The export de. mand alone may.produce this reartit . 'end as the issue of a private corporation, they are beyond the reach of 'political action. The .Company believe that these Bonds, at-the pi esent rate, are the cheapest security in the market, and the right to advance the price at any time is veserred. Subscriptions will be received in Philadelphia by F • • - DB HAVEN & BRO., BOWEN & 'FOX, S3IITII, RANDOLPH' & CO, and in New York At the Company's Office, No. 20 Nassau Street, John J. Cisco ilk Son, Bankers, No. 59 Wall St., And by the Cotnpany's advertised agents throughout the United Staten Benitkinces should be made in drafts or other funds par in Hem York, and the Bonds will be sent t et