THE DAILY ; EVENING TELEGRAl'II. PHILADELPHIA, TUESDAY, JANUARY 15, 1807.
Evening tlp)rit
KVKRT AFTKKNOOW
tDAT EXCEPTED),
AT TBE E"SISQ TELEGRAPH BUILDING,
Wo. 108 S. Third Street.
Price. Three Ceate Per Copy (Doable Kheet), 01
Eighteen cens Per Week, payaole to the Carrier, end
Billed to u ecrloersout of the city at NlneDollats
Ir Aonomi On Dollar and Fl'tv Cent for Tiro
Month, Inraraoiy In advance tor the period ordered.
TUESDAY, JANUARY" 15, 1867.
The Impeachment ol Andrew Johnson.
W are Inclined to oppose the further
prosecution o' the steps now boin? taken to
secure the impeachment of the President of
the United Suites, (or the following reasons:
1. The success of the Impeachment Is doubt
ful. Ti e actions of the President have, in our
Individual opinion, been such as to warrant
his conviction. But the Senate of the United
States, when sitting in judgment, Is under
oath. Every member Is perlormins: noi a
partisan, but a judicial duty; and th-very
fact that so many of them are known political
opponents of the President, would tend to
make them act with even more fairness than
11 they were not liable to the imputation of
being governed by passion rather than duty.
Should the Senate by any action lall to sus
tain the charges of the House, there can be no
doubt but that the fabric of the Republican
party would totter to Its foundation. Why,
then, subject ourselves to such a risk?
2. If the Senate should find Andrew Joun
Bon guilty of all the charges preferred, and
remove blm, it would at once make him in
the eyes ot many a martyr. The Republican
party would at once lay itself open to the
charge of having been unjust, and the fact
that it had such an immense superiority of
numbers in both Houses would make such
a complaint appear in the eyes of many at
least plausible. Foreign powers would also
view the matter in the light of a, persecu
tion. There Is a natural impulse in the
human heart to defend one who is down;
and whether his disgrace bq deserved or
not, pity will make him advocates. Give
the President rope enough, and he will
hang himself; but seek to strangle him, and
half the country will make him a martyr.
3. If the Senate proceed to a trial, there is
every ground for supposing that the length of
time employed will be such as to leava but
little to bega;nedby a conviction. Hastings
with every inducement for speed on the part
of his prosecutors secured a continuance of
his trial for Beven years. Cannot Andrew
Johnson prolong his through two? "But,"
say some, " the Republicans . have the
power, and can hasten matters." They can,
indeed; but they dare not. The fact that
they have the power will compel them to
' ' give the accused every chance ; and should
they hasten, it will be a gratification of par-
- tisanship at the expense ot power, it would
require but a feeble opposition to prolong
the trial lor two. years. Meanwhile, the
House must continue in perpetual session,
and great inconvenience be the result, to say
nothing of the dangerous excitement and
expense.
4. If we escape all the preparatory dangers,
aud conviction is secured, what good will rc
suit? We w'll have lost a grand basis on
which to go through the next Presidential
campaign. We will have failed to profit by
the lesson of last year, when we conquered
the enemy by selecting our own base the
Constitutional amendment and presenting it
for adoption, so that we might fight on that
line before the people. It is sound policy to
keep Andrew Johnson's conduct as the basis
of battle In 1808. But, besides this, the effect
- of our having the President will be but slight.
As it now stands, the Senate can so check
his appointing power as to do away with the
improper use of patronage, and Congress
can mould the policy of the country, as his
veto is no obstacle. Proper laws can make
him powerless for evil, as helpless as though
he were deposed from office.
5. Should the Senate, by sufficient haste,
get through with the case by lall, we would
be obliged to have another election for Presi
' dent and Vice-President The country would
be thrown into a state of feverish excitement,
and all the. expense, danger, and evils too
numerous to be mentionad, of a Presidential
campaign would be endured not only in 1867,
but also in 1868. The interval would be, of
.course, employed in political excitement.
Legitimate business would be abandoned,
and the foundation of our Government,
always weakened by the ever-recurring elec
tion, would positively be endangered by the
excitement and passion incident upon two
contests between two nearly evenly matched
nolltical parlies. The detriment" to the
'morality as well as the. finances of
people would not be repaid by success,
ft. The lonar doubt attendant on the
the
im-
peachment of the President would have an
injurious eflect on trade of all kinds. There
can W' no doubt that the present
uncertainty, in politics is operating against
commerce. . Politic have a close con
nection with trade under any circum-
atnnoAa. PHriRciallv so when the system of
finances is dependent on the party which is in
power. Long continued political agitation
would expose the business interests, and have
a tendency to yet lurther depress mercantile
trade.
For these reasons, we entertain grave
doubts as to the policy ot pressing an 1m
peachment. 1 he question to be settled is
merely one of policy. The Constitution, by
prescribing no punishment upon conviction
tut removal from officeshows that the
oflfense is merely viewed in a political point of
view. Tbfl question, inereiore, in wuemer
fhe continuance of the present evils would or
would not be less harmful to the country than
the removal of the Executive? The quest'on
is one for Congress to setile. With it rests
tbe responsibility, and we do but perform our
duty as ounalisis In reciting these palpable
objections. If, however, Congress deems it
sound policy to proceed, we cannot but believe
that it has grounds for its action.
We hope, however, that the Judiciary
Committee will let the matter drop. They
have not gone too far to make a ces
sation of prosecution appear like a
surrender. Let them report a resolu
tion that, whilo they consider the actions of
the President to be such as to warrant an
Impeachment, yet the good of the country
demands that no such extreme step be taken.
This will clear up the difficulty, save
the country from danger, and put us in a
position t utterly rout the enemy In 1803.
We cannot tell what dangers we may be
subjecting the country to by prosecuting the
case. We have already tested how far the
Executive- can injure the land. It is, then,
beyond all doubt, wisdom to "rather bear the
ills we have, than fly to others that we know
not of."
The New Administration.
Governob Geary was inaugurated at Ilar
risburg to day. His inauguial address will
be tound on the first page of this paper. It is
just such a document as we might have ex
pected tioma gallant soldier called to be the
Chief Magistrate of a great Commonwealth.
It pertinently alludes to the great struggle
through which tho country has passed, and
to the important and honorable part borne in
it by the State of Pennsylvania. He rejoices
in the overthrow of slavery, and asserts that
the people of the conquering North and
West "command tbe position."
The great subject of the education of the
people is ably and thoroughly discussed, and
he sums up his reflections on that topic in
Uic following apposite quotation :
"The sreat problem of civilization is how to
bring the hiRher iutellieonce ol the coiuojuuity
and its bi tter nioial leelmgs to bear upon the
masses of the people, so that the lowest grades
of intelligence aud morals shall always be ap
proaching tiio higher, pnd the lusher dill
risins. A Church puriGod of superstition solves
part ot this problem, nud a good school system
does the rest."
The Importance of the State military is
properly dwelt upon; and the necessity for
constant organization and discipline is
shown. "Nor should we forget," says the
Governor, "that it is impossible to tell bow
soon our warlike energies may again be re
quired in the field."
Our home resouices and home labor are
app'opriately discussed. The Governor ad
vocates protection to home industry in a
manner which must command the approba
tion of the great body of our citizens, inde
pendent of party distinctions. He considers
this the sheet-anchor ol our prosperity as a
Commonwealth.
The national situation is discussed with
vigor, and in a tone of devotion to the great
nrincinles of Republican liberty which is
eminently appropriate and satisfactory.
"lhe abhorrent doctrine," says the Gov
ernor, ' that defeated treason shall not only be
magnanimously pardoned, but introduced to
yet stronger privileges because of its guilty
failure, seems to have been insisted upon, as
ii to strengthen the better and the contrast
ing doctrine that a nation, having conquered
its freedom, U its own best guardian, and that
those who were defeated in honorable battle
should be constrained to submit to all the
terms of the conqueror."
We cannot but feel that it was a good
Providence that guided the choice of the
people in the selection of a Chiel Magistrate
who signalizes his entrance upon the high
duties of his station by the utterance of sen
timents so wise, bo patriotic, and so full of
the best spirit of the age.
Inconsistent Caiping About the Consti
tution. To show with what a spirit of puerility some
people are always complaining that the Con
stitution is violated whenever anything is
done that does not happen to square with
their ideas, we quote the following from a
Democratic paper in regard to the proposed
law for the meeting of the next Congress on
the 4th of March:
"For the sake of annoyiuc the President, the
radicals iu that body do not hesitate to impose
a needless expense upon tho people aud to eio-
lute the spirit of we tonmiiuion. A oe constitu
tion provides a time for tbo meeting of Con-
press, and although there is nothing in that
lbstrumeut to prohibit the appointment of an
extraordinary tension, as Hub just been done, w
inj'erentiaUy opposes such action from the fact
that it empowers the President to convene Con
gress in case of necessity."
Now, if the writer who penned that had
ever taken the trouble to read the Constitu
tion about which ho prates, he would have
seen that it expressly empowers Congress to
fix the day upon which it shall annually
assemble. The inference attempted to be
drawn from the power of the President to
call an extra session is a totally unwarranted
one. So, too, the "needless expense" Is all
moonshine. Congress and its officers are
paid by the year, and not by the day.
We doubt not this Democratic editor thinks
it entirely constitutional for the President to
usurp legislative powers, or to appoint per
sons to office without the advice and consent
of the Senate. Consistency is a "jewel"
which our conservative Constitution de
fenders don't seem to appreciate as highly as
they mlfcht. Anything that suits them is con
stitutional; anything that does not suit them
lsjunconstitutionaL
The Price Paid. Cowan has his reward.
Repudiated by the people whom he has be
trayed, he is "provided for" by the Executive
with the snug berth of Minister to Austria;
and to make room for him, such a man as the
historian Motley is removed l Wo hope the
Senate will refuse its assent to this paltry
business.
Wnx Is It ? The New York Bun, alluding
to the present condition of the Democratic
party, asks :
'Why U It? What has cued the grand old
Dcroocrtiio party of iba pat to dwindle Into
tbe efTele and shrivelled carcatM which It now
is t Nothing but tbe worst kind of mt-manase-ment
could have produced aucta a result."
The trouble with the Democratic party is
that it lacks Democratic ideas. It has a
nnmc to live, but ts dead. It worshiDied
slavery, and served it untd slavery died, and
now it stands mourning over slavery's grave,
and trying to save what it can of the misera
ble legacy of sectionalism and caste which
slavery left behind it. ''That's what's the
matter."
The Atlantic Caulk. The average
dally rece'pts of the Atlantic telegraph, pre
vious to the reduction of its rates In Novem
ber last, w ere 813. Since that time, though
with a reduction of one-half in the rates, the
average receipts per day have been 874. At
the present time both cables are said to be in
excellent order, and the business does not
occupy more than four hours per t'ay on one
cable. The rates are still tar too high, and a
further reduction would doubtless add to the
receipts of the company. The foreign news,
alter all, plays a less important part in
newspapers than was anticipated.
Gold Mines m New Mkxico. Gold
mines have recently been opened in Placer
Mountain, some thirty-five miles from Santa
Fe, New Mexico, the quartz yielding at the
rate of 1300 per cord. The mountain is
heavily timbered to its summit, and abounds
also in lead and iron ore ol great purity, and
I in coal, which is said to almost equal th
anthracite. Farther west, on the same range
probably six or ten miles distant other
lodes have been discovered, within a short
time past, that give evidence of even greater
richness.
Senator Tkcmbull Renominate i.
Hon. Lyman Trumbull was renominated for
the United States Senate yesterday by the
Republican members ol the Illinois Legisla
ture. Mr. Trumbull has exhibited such wis
dom and ability in his past Senatorial career,
that his absence from the councils ot the
nation for tbe next six years would have been
a public calamity.
SPECIAL NOTICES.
frjgf" NEWSPAPER ADVKRTisiNO.-JOV,
COE & CO., Rents for the Telegraph,"
and Newspaper Press of the whole coun'ry, have RE
MOVED from FIF1H and CHESsUT to No. 144 S.
e1 II p trcet, aecond door above WALNUT.
Offices: No. 144 8. SIXTH Street Philadelphia;
TRIBUNE BC1LD1NG3. New York. 7 30lp
HENRY VINCENT,
TBE EN C LI EH REFORMER AND ORATOR,
By Invi'ation, will ..Repeat his Great Lecture ou
"OLIYEK CROMWELL,"
AT THE ACADEMY OF MUSIC,
On Wednesday EYeniu?, Jan. 16.
1 be rale of Ticket commenced tbU (Saturday) morn
ing) at i o'clock, at TBU MFLER'. Music Store, corner
of bE.YB.MH and CUES MJT Streets.
Resirved teats, 50 cents. Admission, 23 cents.
Trot-centum boxes, holding eight, 9.
P Ivate Loxts in balcony, holding six, 4. CI 12 tt
gT SOCIAL FESTIVAL
OF THE FRIENDS OF FREEDOM ! 3
National Hall, Thursday Evening, January 17.
OPEN AT S O'CtOCK.
rprnklnsi Music bv Miss GBEENFIELD tnd pupils,
and the Delmonlco Comet Hand; btcreoramic Kxniol
tu ns. Etc.
Ticket. 50 centa, to be had at tbe door.
A handsome collation wll, be prepared under the direc
tion ofsonie ol the first caterers ol tnis city, woo have
gent rousl oSered aid and suppiie.
Tbe profits will be uned in efforts to secure equal
suffrage without regard to color. 1 IS Si'
tf EQUAL EIGIITS1 C'ONVENTION.-
' Absolute jsstice, ".respective oi coiororsex,
the best recuiif traction.
FBANKLIN INSTITUTE,
THTHMi a Y. 17th msr . at In o'clock A. M.
F Spenkeis kokf.HT l'UBVIS, hUSAN B. ANIHONT,
Mrs hLiiABtm CAtil tiAMua,anaoiner8.
118 8i
WASHINGTON AND WALNUT BEND
OIL COMPANY No. MARKF.T street.
I'iiiladklinia. January 14, 1867.
At a Medina of the Huaru ot Dlrncturi. held tnis dar.
a Dividend ol ONi. PKH HINT iflva cxnln Mr Hlnrfll
was dec arid on the Capital btock, pavaule on and alter
IU IU.1HIII
Tiatislcr books cose on the 17ih, and cpen on the 22d
1 USUI n IttOMAS ii. BUl'Ltt,
1 is lit Tteaturer.
KkWr I'liOFKSSOR BLOT'S LECTURES.
. i he lust three lectures ol the course will be de
livered next week, commencing on MONUAY, Januair
14, at 11 o'c ock A. M ,ln trie Assembly Budding. CI li 3t
frisr ADVENT CHURCH. YORK AVENUE.
k above Buttonwood street An add eas may be
expected in the Lecture loom i'HI4 EVKN1NU at7X
o c oca. by WILLIAM WAXoB, ta.) feuoject, 'Church
Work.''
kst removal Mcelroy '8 philadel
PHIA CITY DIHkC I OBY OFFICE
BEMOVKD FHOM No. 624 WALNUT STREET
E. CORNER OF BEVEN Til AND CUtSNCT,
1 15 8trp flecond Floor.
ST" PUIPMf.wi lvi nw EWi-n wriw TV
Mar -j . .i.iLy l w-tJ Ul . 1 'IV 1 UD I
HANK tiauv ITruitli r,v. A (T..a- ivh sir.-
Phlladoiphiar' v" vu. w..
Dr. J. ll wokthifgtow. Pnpe-intendent
Application lor the admission ot patients may bemade
to the t-uptrimendent. at tbe Asylum, or to either ot
the undernamed MANAGERS i
bamuel Bett.e, No. 14U N. I'enth street. '
Claries tA.it, ii. K. corner seventh and Market
street.
William rte't'e.'Ko.42N. Hixth street
Horatio C. Wood, No. II Chesnut street.
John C. Al.en.No. 33ft 8 Filth street
John Carter, No. S2 8. Twe Ith e leet
John M. Wblta'L o. 410 Pace street. '
Mark Balderuton, No. 840 N. Sixth street,
hlcbard Bicbardson, No 0 j'J Arch street.
W it, tar Mori la No 209 4 Tutid street.
Hauiuel Mor 1", near Olner.
Elllaton P. Jdorrla, Oermantown, and No. AOS Mai
kot neei.
Nathan Hilled Frankfort.
David Scull No. BIS Arch street.
Wnllam Klnsey, B W. comer ot Third and Vine
Streets.
Willlsm B. Cooper, near Camden. Kew Jersey.
Hamuel Lmlen, tiermantown, and No. 621 Market
Street
Howard Tarnall. No 921 Mount Vernon street.
Francis h. Coie, Qtrmiotown, aud No. 1 Walnut
street. 1 10 3a.
BATCHELOR'B HAIR DTE
THE BEST IN ThK Wftkrn,
Harmless reliable, UistanUnemiu i,.'nni nrtoet
dye. No dlaaupolntsnent. no ridiculous tune but true
to nature black or brown.
UENU1NB la aUUNltDVILLIAM A. BATCUEL0K,
IlrfenerntingFxtraot oi atillefleunirestores.preserves.
and Leouliiies the hair, prevenia baldnws. Hold by alt
DruguinU. Factory No. bl BARCLAY HP-. H.Y )
SPECIAL NOTICED.
I3T
OFFICK Of' 'I'll K I'tllLAOKLl UIA.
A.NI TKF.STJH RAILROAD IOMPaKT.
So. K4t.KLAWAkK arenas uaata'r.
. PHM ADm.rn i a. January 14, llt
At a inttlnrthe Stockholder or tan Com. any,
held thin dar, tha ro lowing rtit eaten were uaanl
moufly elected Directors lor the coming rear :
. MltlM'TOim
V IN OF. NT L. BHADFORU.
KDW1N A. BTfcVKNH, '
WILLIAM H. HAKT
WILLIAM H. OATZMKR
V""1;"? OALhaTI U,
JOHN lOKR4Nf'K,
Bll HRI Hill fPK.W
WILLIAM FRKKMAlt.
awa j. riHii
JOHN O. TFVF.NS,
BKN J WIN FI-H,
JOHN M. KKAlt
And at a siibsenoeat meeuni of the Koant of Dtrne.
torn the toilovrhig oilieers were ananimouHlr i
eleoied 1 resident V1NCKNT L UlUDKOiD.
l ie. outer-J PAIIK EH No Bltl.
Htcretarr -JAM EH MOBKFLL
JAMES MORRF.I.L.
1 Id It secretary
fcgir OFFICE OF THE NOKTII I'ENNSTL
sw VAMA K1ILB0.I COMPANY, No. 4M
hahi i Dtreei.
PniLAPKLPni A, January 10, liffiT.
The Poard of Director have this dar dec arod a
DMdend oi MVK 1 1 K Cr.M. out of the net earn
IntiK, In hcrin, bea'log no Interest and ccnveDIMe Into
the t-eicn-i cr-ci nt Mortiinve BoniU o the Company,
Innnmnot Fire Hundred Dollars, on and alter M AY I,
lHbl, on ireen!a'lin at the utile of tbe C ompany
1 he Hcrlp so le-urd wl.l he delivered to the M'ook-holder-,
oi ttieir lel representatives, on and after the
lxt ot FKIIKCARY next.
1 he 1 r-iiMer Ponka of the Company will clone at 1
o'e orx ibia P. M., and remain ciocl until tbe list
instant. WILLIAM WlTbR,
1 1 lm Treasurer.
1ST,
OFFIOFOF THE INSURANCE COM-
PANT UF NOBTU AMERICA. No 131 WAI.
NUT Street.
Fnir.AiiarmA..TaniiarT U. 1WV7.
The Director' have till- dar declared a semi-annual
Dividend ol MX PLB CLN1 , exclusive oi taxes par
able on demand. CliARI.KH PL ATT,
1 U -w Secretary.
JK-JiT" OFFICE OFTIUS UNION PASENWER
RAILWAY LOlhFA.NY.Tn EMVTHIKD and
BBOWN Street.
PiiiLADKi.riitA. January J Imi.
The Boaid of Directors have this day declared a
Dlvldenc ol 0F. DOLLAR aMi HFI'l ChNI per
share (tit ar ot tax), pavable at this oHice on and aitar
MONDAY. 14th instant, 'lhe transfer bonks will be
i lontd on Wednesday, (tih imttunt and opened on the
14th. W. 11. k' MBLK.
1 8 I0t Treasurer.
iri5T OFFICE OF THE SECOND AND THIRD
-Sj 8TBF.F.T PAS&FNGF.R RAILWAY COM
PANY, No. 2453 KBANKFOBD Road.
lini ADKi i iiiA, January 2, 1H67.
The Board of Directors bave this dar declared a divi
dend ot i-IVK PER ( EM.,cleaxot taxes parable ou
or aiter the utn instant. e.a. lkhlky.
1 4 9t ' Treasurer.
8HA&10KIN COAL COMPANY.
PniI.ADKi.pniA. Dt-criitier M laKA
Tbe Annual MeetinK ot the Stockholders of the
FHAJIOKIN-COaL CuMPANV will be hod at their
Cilice. No. 226 WALNU Street (Boom No. 3). on
WEDNESDAY. January 16, HM, at 11 o'clock, to elect
Dlrectom ior the ennulng j car.
lhe 'transfer Books will be doped on an J after tho
usth InM-nnt.
12 22 20t CHARLES It. LINDSAY, Secretary
ffifffi STEINWAY & SONS'
Grand Square and Upright Piano Fortes.
STEINWAY & SONS' direct special attention
to their newly Invented Upright" Pianos, witu
their Pat.nt Keumattir" and double Iron
frame, patented June 5, lHfio This invention
cou.-1.hW In providing tbe Instrument (In addition
to the Iron irame in tmnt of lhe aonmlboaid), wltn an
iron brace trnme In tbe rear oi It bo h tramea being
c ast in me fii cr. tfaerebr imparting a solidity of toa
st ruction and capncltv ot standlug in tune nerer before
attained lu that clnfs o instrument
lhe soundboard ia supported between the two frames
by an apparatus retuiatinH Its tension.se that (he
gieatest possible derree ot sounl rrodnoing capacity
Lt obtained and regulated to the nicest desirable point
1 he (treat volume and exquisite quality of tone, ai
well as elasticity and promptness of action, of these
new I'prlabt lianos. have elicited the unqualified ad
mlratonof (h musical proiension and aU who nave
beard lb em.
BLAMl'S BROTHERS confldentlr offer these beau
tiful instruments to tee public and invite every lover
ot muBic to call and examinehem
h very Pisno is cons-ructed with their Patent ArraOfe
Arraniiement applied dliectly to the lull Iron Fiatne.
For sale only bv BLA81US BROTUERrt.
12 27 im4p No. 10O6 CHI1 8N17T Street.
DRY GOODS,
ST03T CAS3IMEEE3 FOE 207S.
HEAVY GOODS FOB MEN'S WEAR.
BUGGED CASSIHEBES FOB 3UTT8.
"HABBIS " FINE3T CAGSTJJIEEE3.
CL0AKIKG3 mrC3 LOWER.
OVEB COATINGS ALMOST AT OLD P 2 ICES.
WHITE OPEEA CL0T113.
LIKEN GOODS.
daily openinu
NEW TAH5LE DAMASKS, ' '
NAPKIM3,
TOWELS, ETC.
BALIARDVALE FLANNELS.
25 pieces in all tbo widtbs and qualities, from the
finest made down ; tbe prloos are low or. 1 2 tuth4p
TO THE LADIES.
EVENING PARTIES.
tarlatans, ciioick colors,
tarlatans, ciioick colors.
8- ILLUSIONS, only 80 cent per j ard.
WARBURTON & SON'S,
No. 1004 CHESNUT ST.
110 im4p . , ..
FOR RENT.
i
O FURNISHED COTTAGE TO BENT BY
ths yrar, 8. K. corner HI'KITCJC and FOETVT
IOUKTU btieoU, WeU I'UUadolf IaIia. Avij on tha
pieoitsoa 1 U Si
MARKET
0 NINTH. Jt
FINANCIAL.
BANKING UOlkSir
Of'
JayCooice&(p.
112 aftd 114 So. THTRD ST. FHILAD'A.
Dealers in a I Govern metAt Becuritiei
OL1J 5-aOs WANTED
IW EXCHANGE FOR NJJU.
4 LIBERAL DIXTERENCX ALLOWED.
Ccaipowd Interest Notes Waated
nrresLEST allowed oh ooiu.
Collectlut a mae'e. StccliB boai.Lit android on Com-mii-sit
n. 11 2 4 3 ii 4p
Special bD.'Ineps accomn.odatloo.i reirrved lorladie
7-30s,
JUNE, JULY, AND AUGUST,
CONVERTED INTO
5-20s
WIT II OUT OIIAUGE.
5-'JO Deltvetel mt Oatt.
DREXEL & CO.
1 9 I5MD
SEVEN-THIRTIES.
WE CONTINUE TO CONVERT ALL IS3TJE
SEVEN-THIRTIES
INTO FIVE-TWENTIES,
Ant) at thla time holdera of T-30a cau
make the exchange at a Profit by taking
the January and July Issue of 3-'i0e.
JAY COOKE & CO.,
No. 11 1
1 5 12t4p
South THIRL) St.
RATIONAL
BANK OF THE BEFUSLIC.
Nos. 809 aud 811 CHESSTJT Street)
PHILADELPHIA.
CAPITAL $500,000, FULL PAID-
DIRECT OBS.
Jo. T. Ballej, Wm. Ervfen,
Edw. B. Orne, Osgood WeUb,
Natl' a IlilUs, Bea. Bowl-Qa.Jr.
Sam. A. Iiispbani
Fred. A. Hoyt,
Win. U Bhawn
PBtSIDEST,
WILLIAM II. BHAWN.
C8HIEK,
JOSEPH P. MUMFOED, cioJlSm
FARMERS' AND MECHANICS' NATIONAL
BAB-.
PntLADEirmA, January II, 1867.
At an election held on tbe 9tb ot January, IHti7, the
follnwInK named Stockholders were elected Directors
ottlilB Bsnk:
EDWIN M IEWI8,
B. A. MEKCEK.
JOHN AKHHUK5T,
AMHONY J. AlTF.t.O.
BENJAMIN A FAttNHAM.
JAMKS R. CAMf BELL,
S BAN CIS 1 ETt,
LIODLKT 8MrlH.
KIChAKD C. DALE.
PEMBEKTOM 8. HUTCHINSON",
JOHH UA B LIVPINCOIT. ,
J. EDWABD EAKNUaf.
liEOROE W. KAUB Jit
tad at a meeting of the Directors this day, S. A.
Mercer. Esi., bavlnir declined a re election on account
ot ill health I'D WIN 41 LEWI. Esq., was unani
mously elected President, and. at the same tlmn. JOHS
AnHUCBur, Esq., was unanimously elected Vice-President.
.
W. BUSHXON. Jb..
1 11 lOtS Cashier.
SBVENTH QUARTERLY REPORT OP THE
NATIONAL EXCHANGE BANK.
Philadelphia, January T, 1867.
BtsOUHCtS.
I.oaofl and DUcoants 341 164 62
C nlted Htatt-s Bonds with 1 reatturor
to secure circulation HOO,OUO OO
Cmtetl Stales bonds with 'treasurer
to ttecure deDoc its 100,(HlO-W
United elates Boutin on hand....... bo.liHI'uO
70fl.2(i4-a
Due from Banks and Bankers Kl.avMS
Lenal-ttnJer ftotes 'M 393 U0
National Bank Notes 17,4U5N)
Sliecle T,-)2iM
ahb Items 8,717 HO
Premiums 10,133-94
current Expenses 4 78 7i
Itettl EsUte 20 (hO OO
furniture l'i'.re. 3,tr23s3
91.126,03911
LlABILlTIfS.
Caprtal JOO.OOOtW
Surp tut fund 7,S0(W
iroulatioo , 168 K.MJ W)
IiepoHits. nett (jjO.501 38
iue to Baoks and Baukers 6,868 4!)
Discount and irctlt and LooS li.lM'46
STATE OF PENNSYLVANIA City of iUdeV
putt S, tit
I, J W IiTlBOUGH. Cashier of the National Ex
change Bank oi Philadelphia, do aoleuinly swear that
tie aboe statement is true, to the bet ot my know
ledne and bellei. J. y. uxLBOl'uh,
19 6tj Cashier.
Q I R O UJL A R.
OH TICE LEUIOH VALLEY RAILROAD COMPANY.
IfO. 41i WALNU (Street, '
t tt .. , Philaoelphia, Junnary, 17.
The Htookholders of this Company are hereby notided
that tbey are entitled to aubscnbe at par. tor one
'hare of new stock for each Ave shares of stockstand
idr in their resoectlve names on tha books ot the Com
pany on tbe first day ot January, 1467. to ba paid as
iollowa: 'ln dollars per shura at tha time of sub
scribingwhich must be on or before the fifteenth
ay ot Eebruary nextand tan dollars per share ou or
belore the fifteenth daysot April, July, and Oo ober
1B7. ana January. lHtj). '
Instalments will not ba allowed Interest nor divi
dend until converted into stock, which, when a' I the
Instalment are paid, may ba dona bv prvstmtltton at
this oillca on nod utter tbe uneeuth day ot January lHtis
1 hose frtockbolders who fall to subscribe within the
t'me mentioned, or neglect to pay the several Instal
ments at r be tore tbe time they severally tad dua
will lose their right to the new stock.
Btock holders who have leu than five shares or who
bare fractions o are hares, may, at tbe time ol auo
sirlhlng pay lor a aroportlona e part of a share ior
y-blcti uri will be Issued! which scrip, after tho uf
teenth oay ot Jannary. 18, my be converted into
etot k when unwanted at thla otlloe in sums of flftv
tllarsi but tne at rip will not be entitled to interest or
Uivldeud until att,ur vunvtrslon In'o t-tooA.
1 Utuliuilit Ijvanurer.
FINANCIAL.
( 'OKK ;A(;iiani;k national hank
r iin.Arai,rritA Jannarr l lf
At tbe Annna' Flection, bald on th Hih in. a at.
1 illt.w inK pcutlemtn nero elettid Ulraoiors at tals
Hins : . ..
lexsn'rO Cattell.
H. w. ntberwooi,
loieohW itillock,
C J. Iiofltn.n.
Wl Ham 1". Cox.
Itarid Vn l-rar,
barltu I,.. Wl kin..
Jt hi. W. Torr.y.
-award '. Kniitbt,
Iieli hobllt, Jr.,
Iliteh Crsls,
IioOcrt aivnn,
T.mlna M. Wh'lidin.
And at a meotlng of tlio Board beld this 6r H.
AI.l XANPKK O. CAITfLI- was unanlinniai? rs
Ipcii i r.ititr,ti JOHN W TOPKKT. Vloa IrcAldanit
and .rd V. bCtta-TKY, Ca-hler.
a,,n?1 ' " - - t "WW-
INSURANCE COMPANIES
OFFTCR OP THE UNION MUTUAL INStJ
BATJcr, COMPANY OK PHIl nKI.I'II 1 .. S. C.
comrrnillKnBndWALvilt'MtrPota rbllatlelphla.
tiBL, MAKI " K, AM.' 1M.AM1 INSUiiAilCll.
INC'lPOFA1En l(V4.
The tollowlDg atetcnicut ol the aiTnlri of the ( jrn
panj ia pubhsbed in aocordance with a provision tt ita
tlisrier:
Mar.no orrm nma -written donna tne year
ondtt g Jannaty 1 Vm MJ.WiW
Wsrlne proinlums not deiciininea January 1,
lsot.
lirj,64U
Klrc rrrmlnms same rn-rtod (40,261 11
Fire prfmtnms ondetraliid Jana-
oryi.iwsj nmn nmM
Rsrncd pretniuit darlag the year endln as
l)a Wa'rTne risks 2.11,4?Tt
Oa K're itrks KMWJM
litcolved irom Interrais va investments auc
ea.ages . 431 4
311 531 a
Losses axnenses. etc.. during the lame time :
LoaitesMert e IWWHI
do. Kir.
12.7H4 81
Return Premlt ms
heinsui aiiot
ExDcuaes and Commissions.
U nltid dates and H tate Taxes.
2l hilly -M
' n.im i4
'ii 4-t t
7 074 44
3J0.570 16
Commutation o enntomers In lieu of sctio... fU 533-U9
BTATEMENT OF THK ASSFT8 OF 111
E COM.
PAN Y. JAM AKT 1. IH67
DM ted Statva 6 tt) coupon Bonds, 1881
Do. 7 SO do 1HH7
Do. 0 20 do lf8
Do. leglittered. I8H1
State of Poniusytvauia 6 per cent, coupon
bonds
t tty of i hi silelt.hla 6 percent, bonds
City ot Pittsburg 6 per out bunds
City oi I'ltUburg 6 percent bonds
tamfen ai,d Amboy Baltroad 6 per cent, cou
pon bonds. 1M9
Camueu and Amboy Bahroad 6 par cent cou
pon bonds, lb7&
Camden and Amboy Uallroad mortgage bonds
Peuus lvaula kalnoad tlm mortgage bonds..
Do. do. second do. do
Phl'ide nh la and Erie Rai road Bonds
North Penns ivanla Kl road ilondi
I ltesapeake unil Dataware anal Bonds......
Pcnuylkili Navigation C'niial Bonus
W yomii g Valley t:anul Bonds
ll.tMM-OW
A, ) 4
11 fi'i
SOtff
lOOOO-M
IS MM
11,249
3 5049
li,uj-wo
l,StNI-M
I ,n00
IU Ot i0
10 0i
14 610-tO
IO,0W 00
II COO'lM
8 8o
,0
3 i
8 'M
SHOIIaO
28,780
i m ot
1.600 00
iuO'uO
BOWK
14'AO
IttOOO
litti suaros i ennsyivania i&m ronti t o
llio North t eiinsvlviinla Kailrsad
lutt " Wyoming Valley Canal i.o
t,4 " Phi aoelubla National Bank
18 " Fanners' and Mechanics' Bauk...
14.18 " Union Mutual Insurance Co......
r8 " Delaware Mutual Insurance Co...
160 " Pba nix ln-urance o
4 " American West India Co
20 " Pbt sde phla and Southern Uteam-
abip to
t'24M scrip North Veiinsy Ivanla Kai road
360 Union Mutual Insurance So
1 14 18
74 IW9 04
44,489-14
. 24.63191
336 024 48
Bills receivable
Cash iu Banl
Due tor unsettled ptemiunis.
DinECTOIS.
Richard 8. nillh.
H. F. Robinson,
faninei C. cook,
Jamen R. Campbel'.
Wlllla.n A. Kafrd,
'har.es Wheelei,
S Delbert,
Norrls s Ctimmlngi,
No lomon Townsend,
F. Lavergne.
John Moss, ,
J. 8. Perot, '
Ueorue H Hheble. -
. De-toiiet.
A . h Borie,
Frsncis lete,
John 11 Irwin,
Jtewbcrry A. Smith,
Henry lw)s
v ll m c. Kent,
J P. bteiner,
Edward L Clark,
(leoigo lewis,
Ellin YamuU,
RICHA
John Woss, Secretary.
KD 8. oAUiIl, Prel('ent.
1 13 12t
rnHK P EN N feV LV A N A FIRE INSURANCE
1 ( 0:PANY. In contormlty wthanA tofAteem
bly ot April 5 1842, tins company publish the lol
lowing libt ot tbeir aiotets, viz :
Mortiagts bang a I iirst mortgages, In the
clii oi Philadelphia 279 BOO M
ltlla Receivable 11,240 04
Heal Entile 3U00JOU
Scho)lklll avigation Company Loan I I '44 41
1 amuen and Ambov company Loan o3 4H-a5
t besaneaie and Delaware Ca ia Loan 8 602 Ml
Phlladelpl.ia, Wilmington, and Baltimore -
Ral road company stock. 47: shares 21 .820 'ft
Phi a :elnhl and r rle ha I road ouu JtH'OoO
Pennsylvania Uallroad Loan lOOOOlHl
Do. Do Kiock, 300 shares.... 14,41 n-04
yorh Pennsylvania Railroad Loan 18,913 40
Harrisburg. Lancaster, etc , Kailrad Loan.. 9 424-00
U high Coal and Navigation Loan 17,570 00
lelaware Division Company Loan 6 400 ihj
I'mted States Loan, 6 pur cent, lssl Loan.... 2' OM-00
Do. do. 7 3u do. do .... 24 000 00
Do. do. 7 30 do. do 66 000 04
Do. do. 7'30 do. 1868 do .... lOiWOOfl
Do. do. do. do 40.000-00
Pennsylvania Kt.tte Loan. 2UOOO
Philadelphia City Sixes 47 1 0 00
Do. Fives 4,988-7
Cincinnati Sixes 4 ti7i 4
Pittsburg oo 4 914 00
Philadelphia Bank, 2;l4 shares 24 31 t 'iii
Western do. 2'20 do 11,001-00
Olrard do. 1'24 do 6 60 0il
Hank of North America, in shares 10 000-ou
Franklin Fire Jna. Co. HI do 2,81718
ftiar ayunk Oas Company, 20 do 89-8H
Cash on hand fl,6H9 1
J27.142 M
WM. O. CROWELL BecreUrv
1 147t
January 1,1867-
PROVIDENT LIFE AND TRUST
eVa COMPANY, No. Ill 8. FOURTH Street.
, Philadelphia, 1st Month 14th 1867.
At an Annual Meeting helu on the Hth Inst , tbe lol-lowing-named
cen-ona were elected Directors ol thla
Company to serve lor three years:
ft iHDkl, R. BHIPLKY.
RICHARD CADBDRY.
WILLIAM C. LONUSTRETH.
And at a meeting of the Roard ol Dlreetora, held thla
day HAMUELB.bHIPLEY was auanlmoualy re-eleoted
1 1 3t ROWLAND PARRY, Actuary.
INSTRUCTION.
HAMILTON INSTITUTE FOR YOUNU
, , f.-lES, No. 3810 CUBNUr Btreet, West Phi
laOelphla. DAY AND BOARDINa ftCHOOL.
PHILIP A. CliEUAR. A M , PhlNoIPAL.
The Bnrlng Heasion will commence on MONDAY.
February i
iiui 1 lltf
Day (Cholera, per session aiOOO
Boarding scholars, pet scaalon '.'.!'.!!itWii
TnE SECOND TERM OF THE LEHIfJH
UMVEHolTY will open on tbe la of February.
1667. Apply, ior information or admission, to
i i. UX COPPER, LL !.. President,
1 14 6t Boutb Bethlehem, Penna.
COPARTNERSHIPS.
DISSOLUTION OF COPARTXERSHIP.
Tbe copartnership beretotore existing un ler the
nrm nsme oi DK COLIRSEY. llAAliLiOiTtfc EVANS,
a this dav dissolved b limitation.
t hlludelphia, December 31. i860.
The nnderslirned having, with ROBERT L. TIYLOr
Fs. of New York, aa special partner on toted Info a
nuitnerahln nmler h rl.mof II A MILTON. EVANS .
DK COUK-EY, will continue the bu slues at No. 306
tnisjili Btreet
HUGH HAMILTON.
tntlLII.4 T kVANS.
General
rartiieri.
THARUEUN L. DE COURSEY
ROB ltT i.. 'ia uu, ipeoiai j
rtner.
lllhstulOc 1
Philadelphia, Januaiy i. it.
TVTOTIPE OF DISSOLUTION. THR PART.
JN neiahlo bereioiore existing between
Tgned. as C I KON BO YD 1. thi. day d
mutual consent. THOMAS C AKStiN ia ai
rized to reiwlve payment or aebts due o tne
JN neiahip bereioiore existing between the uodt-r-
- ."'n i
dissolved by
'one autbo-
ptilstlolpbia, January 14. 1867.
1 14 2t
LOST.
St9K BE WARD-LOST, ON SATURDAY'
by returulugitto K. HEY B RO 111 E ita
1 14 Jf o. 28 N. F110NX 8tr4tf ?Bdfipig,