I
THE DAnil''' jp'vENIKG TELEGRAPH PHILADELPHIA, FRIDAY NOVEMBER 22, 186 1
6
. THE EftRLY LIFE OF JAY COOKE.
Jny Cooke Again nt NHi.ol III. TnMe for
Figure unri Proficiency Therein -l-ove ol
Anl,inftllla Ilr.t Entrance Into Phllnol-liin-Khort
Wj nnd Uetnrn lloine-'"
' lls.nya a Second Vlalt at Ihe lnvlmlnn or it
I.rndina nanker-Coinmcnrctnent Therefrom
fnl. J lnnnrlRU 'arecr-llrlet Sketch or iiw
'.Brothers- The IHipwcprcucniiUlnn
Coke and the 1'njaat I'rri " ' "
k.w ke made hi. Jloney-Hi Character Tor
JBenevolcnce Ac.
The fallowing ..ketch of (he life of the Kret A inert
ricn bluKc TAora .h. New Vork of voter-
'sAlTprimr. Ohio. Not. in,. W.-KrsnmiiiR the liar
ratlv.ofJs Cooke's early career, we fbil him, alter
returning from St. Louis, at Ihe ;e of liftcen, nltend
in'ir assiduously to acliool, and necking to acquire pro
flclency In tlioao branches of education which he
fonnd by lew years' experience were must needful
in the practical bnsiness relations of life. The school
was one of much excellence fur a Western village to
pnsrrrf, and is looked back to by thono who wefts its
puerile patrons with a sentiment of grateful recol
lection. In the comparatively primitive time when
it existed, the aim of education was of a simple and
practical character. Reading, writing and arithmetic
coutlitmrd tho lending branches of stndy to which
the mind of tbe rising generation was directed. It
has been already mentioned that arithmetic, or figures
in any form, possessed a peculiar charm fur the intel
lect of young Cooke. Various anecdotes are told of
kit skill, nof only In enumeration, but in working out
those Complex problems in compound Interest an 1
decimal fractious which, to the fancy of most boys,
are a bore and even a terror.
The teacher on one occasion submitted to the clas
a problem for solution which none of the pupils could
prapple with tnccessfully. He proceeded with a piece
of clittlk to demonstrate the way of solving the difll
culty, aud was doing so for a white in a satisfactory
manner, when suddenly he found himself involved in
certain premises that inevitably led to a wrong con
clusion. In the meantime it was ohfcrved that young
Cooke had been all along stihlviiiu the sum proposal
and watching the teacher's process of explaining it
with Intense Interest. When the-latter discovered
liimsc! in a state of inextricublo embarrassment, the
embryo financier bad just worked out mentally the
correct rendering, and, with a flush of triumph, re
lieved his perplexed preceptor irotn the dilemma in
which he was placed by pointing out where the error
in computation lay.
Thenceforth both teacher aud pupils came to enter
tain a higher regard for the calculating forte of young
Cooke, and were prepared to see him eclipse them all
in arithmetical skill and proficiency. In this expecta
tion they experienced no disappointment, as he gave
each day higher proof of that particular order of
Renins which has placed him foremost in the mone
tary world to-day. At this time his father, Mr. Kleu
theros Cooke, was a prominent and influential mem
ber of Congress, and while at borne from his legisla
tive duties took great pains to cultivate in his eons a
taste for solid and sensible reading. He had no dilli
cnlty in Influencing their mental habits in this direct
tion, for they were naturally Btudiona, thoughtful and
retiring. The only pastime in which Jay was noted
for taking a delight was fishing, and of tlie piscatory
art he has all his life been an enthusiastic follower.
When not occupied with his studies be loved to steal
away by the lake shore with rudely fashioned rod and
line, and stay for hours alone angling for bass, pike
cr pickerel, when a boat was available he was accus
tomed, with oue or two companions, to hoist sail, aud
rove away among the numerous islands on the lake
outside the bay. Of these there is one called Gibral
tar, behind which Perry, on the eve of battle, awaited
the approach of the British fleet.
Itlnight have been a dream of the juven ile anglers,
when fli-hing among the rocks of this picturesque islet,
that one day he should come to claim it as all his own
from shore to shore. If such a dream were ever in
dulged in it has been amply realized, for he can claim
sotuloue the isle itself, but within its limits a regal
summer "residence, with itg castellated tower over
. looking the land aud water all around. But he still
preserves the old taste for angling, and in storm or
sunshine. Jay Cooke, the financier and millionaire,
duriag four or five weeks of the summer he spends
here, leaves his sumptuous dwelling, overflowing with
Visitors generally ministers of the gospel, too poor
to enjoy the expensive luxury of a vacation elsewhere,
and starts out in the morning early, with his rod and
line as of yore, and to tbe old favorite nooka among
the cliffs, where, as a boy In other days, he plaved tho
angler and dreamt, perhaps, that gold instead of wbite
fish would one day come to his net.
When Jay wus In liis lfith year, his brother-in-law,
Mr. William G. Moorhead, then largely interested in
canal and railroad enterprises, and residing in Phila
delphia, paid a return visit to Sandusky, where he
hud formerly resided. lie was struck by the pro
ficiency and completeness Jny exhibited in those
branches of education adapted to mercantile pursuits,
aud invited him to become a book-keeper in his office.
The invitation was embraced, and this marks Jay
Cooke's first acquaintance with Philadelphia. Mr.
Xoorhead had several associates with him in his
business, npon whom the stranger in a short tune
made a very favorable Impression. In those days the
influx of young men from the country, especially from
the far West to ine large Eastern cities, was not near
o great as now, aud those who showed any uncom
aiou traits of character became soon known, and bad
their merit canvassed. In his new sphere the subject
of this sketch addressed himself to the task of. sus
taining his reputation for energy, integrity and man
liness, for he was astute enough to know that such
qualities make a more lasting and favorable Impres
sion among business men than the most brilliant ac
cunipllt Linen ts, and as the sequel shows, he was cor
rect in his calculation.
After tpeuding ncurly a year in Philadelphia, where
he learned a good deal about the nature of stocks and
finance, his brother-in-law's concern was dissolved,
Hr. lloorhead accepting the government post of
consul to Valparaiso. .Jay returned to ins noma In
rjandusky, and was again fairly started in his studies
when his father received a letter from Mr. E. W.
Clark, of the leading banking firm of K. W. Clark &
Co., of Philadelphia, asking permission to take Jay,
whose character he had heard spoken of very com
meuduhly, into his establishment, and afl'ord him
that which he had the greatest anibitiou to acquire, a
thorough knowledge of banking. This oiler was
wholly unexpected on the part of the youth or of his
friends, and though his father who wus then In inde
pendent circmuBtances, might have felt a little reluc
tant at first to part with his sou, be saw, oil reflection,
that such an opportunity seldom presented itself, mid,
knowing that the business was exactly what suited
the bent of Jay's miud, he decided to send him, in an
swer to the request.
This event marks the turning point In hi fortune.
Had be remained in Sandusky, he might have pro
bably achieved by this time celebrity iu its local an
nals, together with a moderate independence; but to
nave his name linked for all time with the financial
issues of the great struggle, aud to accumulate sulli
cient fortune to seen re every temporal enjoyment,
was a consummation with which more aspiring men
might have been well content to abide. I shall here
allude briefly to the history of his brothers, as illus
trative of the prosperity vliich hag utteuded this fa
vored family.
Henry I). Cooke is a graduate of several colleges,
lie is the literary mind of the family, along with being
no mean adept iu financial science, lu connection
with bis brother-in-law, Mr. Moorhead, he accumu
lated considerable metiuB in California during the
prevalence of the gold epidemic. He returned here
iJlffJ"1 8 ,,lace "'''"ward. -and purchased the
v,'P.n. wenuiMfr. an organ of the Republican party.
fcuH ?t.Mi.eia u Wl.ih tl,u imiruii1 ue "o"'0 ac-
At that tU - xl"- V "l"e' th0 Prepe" Cuief Jutice
floveffloJ it ?l.r- Clm"u cu'"eiplated running for
iT.i''',,l,d! "" towards tbafeud
ens wn er to reHiicmiat, the JUqi'ier i
cf the Columbus Journal, iu tills
good service for Chime, and in nth.
wended himself to tw '? , V, .
,i . " !",7 wtio was a tolerably vieor-
unu take charge
position lie did
gratitude of tlntt gcutlcmau.
At the beginnii!
l;'i,hewur'-hibr:'1'
.d M. i r "rrTtof Lis I
committed to
y Cooke.
Washington, and thua far he ... 1 T. . . "'l1'."0 ,u
house iu
f prosperity. re"outtbierau
lilt Cooke, the eldest brother, was sent t wt
Toint when a boy. through the uto"$&
Cans, lie was forced to leave ou account of ill health
and returned to Suudu.ky. Ho afterwards traveled a
food deal in Europe, but ultimately settled down
here, where he encued from time to lime in various
, speculations, in most of which he reaped los and
disappointment. He is of a retiring and domestic
turn, benevolently disposed, but with no strikim?
force of character, At the cloHe of the war he received
Irlia) management of his brother's house iu New
Vork, of which city or Brooklyn ho it now a ro-ddeui
fci.ru. J. Cooke, married to Mr. Moorhead, of Piulg.
Oelphia, is the oldest of the family. She has tu reuu
tation of being very estimable and refined, wUu a
Uste (or elegant Biirroiiiidinirs and a high order if
Uviug. (she resides in Philadelphia and is no lestf
jronperously provided for than her brothers.
iue purpose ol this correspondence mw neither
lh. rhM.T 1 "K'xe"or .yisparage, to magnify nor belittle
Uil ill . ""r u""y oi Juy Cooke, but
i!i?l,lor'..f 1" obscure Western youtl
slnuily to
fchi. and rZn ' rat Vr,"cil,lB "d integrity to guide
Cam'.. V 1,n'F ulw" own "kill audeuerifv ad-
n
In two leading particulars he has been misunderstood;
flrst.s "b Mlnanctal s.snding at tj. opening ol the
war - and again, s to tbe amount of money made by
h "ivU ami I Vile partners out of the people by nego
t'Btlne the eovermnent loans. Among the oligarchy
of blinkers In Now York It waa customary to speak of
Cooke as having been an obscure Western banker, and
even se a bunk clerk up to the breaking ont of the
Hebellion, when, through favoritism, he was made the
financial agent, of the government, and that became
'''The (ruth ta that before the war Jay Cooke had
been at the head of one of the leading banking
lioin-rs In the country, had already acquired the ex
perience of a quarter of a century as a banker and
general financier, and had also accumulated a hand
some fortune of his own. He had neither lived nor
trmiMclcd bnsinof k In Sandusky since he left It as a
boy to go to Philadelphia ; and in MO, beforo 5-20's
were dreamed of, he was acknowledged to be one
of tbe most prominent and successful bankers in tbe
ccuniry. lie Had not contented bimseir with a
knowledge of the treadmill routine of discounting
notes and shsvlng uncurient money, but had carefully
studied nnd thoroughly mastered the science of finance
in its hct-t and broadest signification. He had made
himself acquainted with the financial systems of other
lands, searching in all for their elements of strength
or weakness. lielng a thoronph enthusiast In his
vocation, lie had made it the study of a life, and that,
too, under the niot favor-thlc circumstances. H
learned hi lesson In the school of experience and
entered upon his business life iu a leading banking
nous at the very time when the financial crasn ol
1KI7 broke upon the country.
That event left a lasting impression npon his mind,
nnd ltrst led him to look below the surface aud study
the flrct principles of commerce, trade and finance.
Following no 1 1 is course of studv lor a quarter of a
century, the opening of the war found him, as I have
said, ht the head of one of the largest buuking houses
In America, and possessed of what, in other times,
would have been deemed an ample fortune. So much
for the financial antecedents of Jay Cooke.
Tho prevalent impression regarding the source of
Mr. Cooke's present wealth nud the amount realized
from negotiating the government loans, is even more
erroneous. In the first -place, the Treasury Depart
mi nt did not avail ilselfof Cokc's assistance until
it had uttcrlv failed itself to dlsposo of the govern
ment bonds fast enough to meet the increasing de
mnnds of the war. ifnited States securities were a
new thing to the people, nnd they held aloof from In
esting tlieir hard-earned money in them nutil they
I'lidei stood, their character more fully, and until they
were convinced that by lending money to the govern
ment they were doing n good thing for themselves and
the country; in a word, uiltil the louu was thoroughly
popularized.
At a time when all other expedients had failed, nnd
the government knew not which way to tnru ror
funds, Jay Cooke undertook the task of popularizing
and negotiating the loan then authorized. Peing a
leading banker In the country, with extensive bnsi
nefs connections iu America and Europe, possessing
the confidence of prominent men, and, above all,
bringing Ui bear upon the subject an enthusiastic
faith in the patriotism and pride of the people, ho
seemed to the department to ean eligible man for
the work, and a Icoiitract was made with him accord
ingly. In ail foreign lands government loans are in
variably negotiated through private bankers, and
theee banks are paid from two and a half to five per
cent, commission on their sales, besides being gua
rantied from loss. Our government od'ercd Cooke
live-eighths of one per cent, on the amount of his
sales, lie to awinie all risks and pay all costs. This
was far less'than what it had already cost the govern
ment to sell bonds it 'elf, and only about one-eighth
part of what English, French and German bankers re
ceive for the same service, unaccompanied by risks.
Cooke, however, accepted the offer, and entered
with fire and energy upon his herculean undertaking.
The marvelous success which crowned his labors is
of itself a feature iu the four years' struggle. Out of
his five-eighths of one per cent, commission, Cooke
puid one-fourth of one per cent, to the banks of the
country as sub-a gents for their services in disseminat
ing the loan, delivering the bonds and transmitting
the proceeds. Out of his remaining three-eighths he
paid a small army of traveling agents, clerks aud se
cretaries, and bills for the moat extensive kiud of ad
vertising, ludeed, Cooke's great and singular suc
cess in negotiating neatly fifteen hundred millions of
United States bonds, was due in a great measure to
his unparalleled use of printer's ink. His appeals to
the people throughout the columns of every news
paper in the land told iriesistibly in the end.
I am informed that at oue time, when the first loan
was started, the house of Jay Cooke & Co. was out of
pocket to the amount of half a million dollars for ad
vertising and other expenses connected with the loan,
while nothing could bo shown for the outlay ; and if
the bonds had then failed to sell, as they bad when
offered by the government, this amount would have
been a dead loss to Cooke, ns he could have had no
legal claim for reimbursement on the Treasury. Had
he depended wholly or mainly on his government
commission for the realization of a fortune the con
clusion is, he might have beeu disappointed.
Tim iaixu amount of money made by Jay Cooke
and his linn within tbe past tew years has been
chiefly derived from the enormous business which has
poured in upou them in consequence of their prestige
as public hankers. In th'iH way he has been vastly
benefitted by his connection with the government
loau: but it is the legitimate fruit of his exertion and
faithfulness, and r.n-tj the nnoole nothing. From his
government commissions ho gained comparatively
little, but from his government connection he has se
cured what (ieneral drain aim owium uavu uummcu, a
reputation, and this now brings him in financial gain,
as it brings the military heroes promotion aud politi
cal preferment. ,
However, if with all his financial skill be did not
exhibit a spirit of benevolence and unselfishness, it
would bo difficult for hint to escape the reproach of
being simply grasping and avaricious; but, according
to some, day cooKe gives away in iinosiuiiiaiiotis
charily half his entire income. Being an active and
earnest member ot the Episcopal Church, much of his
benevolence takes a religious channel.. Ho has do
nated S!i6,t)u0 to Kenyon College, at Uambier, Ohio,
aud helped to endow several educational institutions
in Pennsylvania. Ho has built a neat chapel, at his
ow n expense, for the residents of Put-in-ilay Island,
near Sanduky, and has erected several country
C iurrhes in the vicinity of his home on Chelten Hills,
near Philadelphia. In this town he is very popular.
He (nits on no airs, dresses plainly, is inclined to be
jovial in his manner, and never once forgets tbe
place or the people that knew him belore be dreamed
of being a millionaire. -
Stonewall Jackson's Staff1.
During the late eesBlon of the Synod of Vir
ginia, three of the staff officers of the late hero
ot the Valley, Stonewall Jackson, lodged under
the eame roof Kevs. Dr, Dabney and J. P.
Smith, members of the Synod, having been en
tertained by their old comrade in arms, Major
W. J. Hawks; nud as Captain Smith remarked,
the Major having fed them during tho war, he
had no doubt of his ability to perform the same
service for them here. Many must have been
the reminiscences of their varied experience In
camp und field, and many the sad recollections
of their lamented commander revived by the
meeting of these veterans. Others among this
body of ministers of tbe Gospel of Peace fought
and bled tor their country's liberties on the bat
tle fields of Virginia. Captain Miller and Major
Kit k patrick (a ruling elder) hurled the cannon
ball into the enemy's rucks with terrible skill,
arid vet others served as chanliilns and as pri
vate soldiers in tho. deadly strife (Jharleuton
( Va.) tret J'ress.
How Olrt Is He t
It became necetsary, lust week, in the Crimi
nal Court at Newport, Ky., in order to render a
boy witness competent, to prove that he had
rent-bed the age of ten years, and his mother,
an Iribb womun, was called lor. that purpose.
"How old is jour bju John?" quoth the
lawyer.
'-Indade, sir. I dunuo, but I think he's not tin
ylt," was the replv.
"Did you make no record of his birth ?"
'The pnute did, in the ould country, where
he was bom."
"flow long after your marriage was that?"
"About a year; may be liss."
"When were you married 5"'
'"Dade, sir, 1 dunno." "
"Did you not bring a certificate of your mar
riage with you from the old country ?"
Hey, sir? and what should I nude w d a
certltikit whin i had tho ould nion himself along
widme?4' ,
No lurthcr questions were abkefl.
Thaddeus Stevens offers for sale the Cale
donia Iron Works in this Btate, destroyed
by the insurgent forces In July, 18G3. Ihe
land coiisihtB of nearly 21,000 acres. If it
not sold ho proposes to rebuild the.works
under a charter obtained for manufacturing
purposes, which contains the privilege of
building a railroad from the waryiana uu v
the Susquehanna river. It is also the inten
tion of Mr. Stevens to build this road if suf
ficient stock can be difyoBed of for that pur
pose. In one of Josh Hillings' late papers lie
says: "The Bun waa a going to bed, and the
Levins fur and near were a-Mtuhiug at the
performance!" .
DRY GOODS.
6. JAFFRAY t CO.,
MO. COS CHESHITT STBEET,
ABE RKi'EITINCI AltD NOW OPENING
FOB FALL TRADE, rKLLUHEN OF
LINENS, . f
TABLE CLOTHS,
NAPKI-NS,
HUCKABACKS,
DIAPERS, '
TOWELLINGS,
DAMASKS,
SHEETINGS,
PILLOW LINENS,
L. C. nDKFS.,
HOSIERY,
GLOVES,
CRAPES,
VEILS,
QUILTS,
Ladles', Gents', and Children's Under
wear, Embroideries, Nets, KlbVona,
Kto. Kto.
The above will be sold at tbe lowent New
York prices, and on the mosl advantageous
terms.
Represented by S. Story. ' 9 4 wfm3m
QREAT BARGAINS
IN
DRY GOODS.
RICKEY, SHARP & CO.,
I9IPOBTEBS, JOIiBEUM ADD BETAILER1
F No. 7C7 CHESNUT Street,
PHILADELPHIA.
Have made very extensive purchases during tbe late
panic, and are now prepared to offer great -
Inducements In
FBENCII AND BBITINII DBT GOODS
Of reliable qualities, In Uie best Styles and Colorings.
ALSO,
BLANKETS
In great variety, at lower prices than current betore
tbe war. Tbelr stock of '
SHAWLS, AND
1 14 Ul DBESS GOODS,
Is ibe most varied and extensive in this market.
ItlCKEY. SHARP & GO.
Q L O A K I W C 8.
WE ABE DAILY RECEIVING TOE
NEWEST STYLES OF
. LADIES' CLOAKBNGS,
WHICH WE OFFER AT GREATLY BE"
DI CED P BICES,
IN ADDITION TO A FULL LINE OP
FANCY CASS1MERES,
COATINGS,
AND GOODS GENERALLY ADAPTED TO
MEN'S AND BOYS' WEAR.
MCEEIS, CLOTIIIEK & LEWIS,
CLOTH JOBBERS,
8 246m NOW. 10 AND 81 S. FOURTH ST.
GIKAKi) KUW,
E. M. NEEDLES & CO.
Invite attention to their first-class stock of
LACES AND LACE GOODS,
EMBROIDERIES,
HDKP8.,
' VEILS, Em
To which additions will constantly be made of
theKOVELTLES OF THIS SEASON.
They offer In their WHITE GOODS DEPART
MENT HEAVY BKIKTLNQ CAMBBIOS,
At 80, 86, and 40 cents, a Great Sacrifice.
M.OH frHVHTO
NDIA SHAWLS.
GEOItOE FIlYEll,
NO. 016 CIIESNCT STREET,
Hps received and now open bis Fall Importation oi
INDIA lHAWL8 AK1) fciCAlUfe, toiiellier with
other kinds ol bhuwls. Also,
ltlCH DRENS SILKS,
BLACK SILKS,
POPLINS,
CLOAUINGS
10 2 8t CLOAKS, ETC.,
To which the attention of purchasers is Invited. Tbe
guods are puich&sed lor cuali. and will be sold chnap.
1867. CHRISTMAS. 1S67.
. ft LA.
0.W. Corner of
JTovurOx and Ajroli Sta
B ave reduced some FINS GOODS for valuable
CHRISTMAS PRESENTS.
VINE SnAWLS,
HIK Nil. KM,
MlltK VHI.VHTS,
Kit PLAIIIN
UH l'HLINS,
TABLE COVERS,
HI.AIVKriX
HNK 1. MASKS,
LI NKN NAPHIMM,
ooiMiLvi:s
WIIHHKU COLLARS
UALJUUKAI.I.
IMH. I III kJwiluuUI
nrxvutoM covt-its, etc
Army dlankets.
A VERY LARGE LOT OF No. 1 GOVERNMENT
BLANKETH, Iweiity-Uve pttlre lo a bale, nud w m I k ti
ll, from lo to twelve pouuus Jr pair, fur futle:l
vrZ&l bargains, PITKIN A CO.,
INSURANCE COMPANIES.
NCOnPORATED I83G.
OFFICE OF THE
DELAWARE MUTUAL SAFETY
INSURANCE COJITAW.
Philadelphia, November 18. 1867.
The following statement ol the affairs of the Com
pany la published In conformity with a provision ot
Its charter:
PREMIUMS RECEtVED
From November A, IMS, lo October St. 1S67.
Cn Murine and Inland Itlsks......ti.ii!H 'tMj
On ilre Klbks lM,6Ufi-ll
: A813.6S7-01
Premiums on rollolee not marked
bll Isbvemucr 1, 16 Mfl.3o.voo
ll.lW.Wj Ml
PREMICMS MARKED OFF
As earned from Nov. I, lns, to Oct. si, 1w!7.
(in Mnrlnennd Inland IUnkB.........l,il
Ou l ire lUtks. . iuu.hiz.51
$743,ll(V30
In'erest during the same period,
feaivutfes, etc.... M
IOS,44!'0!l
$-tI8,0'Jl-3'J
LOSSES, EXPENSES, ETC.,
During tbe year, as above.
Mnrlne and Inland Navigation
lAH .,...S.18,434-II
Fire I k-ihh
Return Premiums.
Kt-lr.suranrrK .........
Akeuoy ClinKiti.
61. 8M Ko
6 2 R-ZM K7
40'UM'64
Advet lining,
l'riniing, eic. ....
Tm.es U. B. Tax on
4S.680-72
Premiums,
l'ollc elaraiis, etc....
20,18'5
Kxpeuses, eic - 17,u2'4a
008,5IVJ1
fJIU.'MA IS
ASSETS OF THE COHPAN
V. .
November 1, 18CT.
tioo.coo United Htates Five Per Cent.
J an, 10-4o'......
120,000 TJniied males Five Per OenU
Louu, 1KM M
50,0(0 timid biates 7 8 lu Per Out Loan,
. Treasury Notes. ...
200,000 Btnie or l'enusylvaula Blx Per
e tent. Loan
125,000 City of Philadelphia hlx Per Oeut
Loaa (exempt Irom tax)
50,000 fctale of New Jersey blx Per OeuU
I xian ........
.'. 20,000 Pennsylvania Railroad First
Mortgage bix Per Cent. Bonds....
; 26,000 Pennsylvania Railroad, second
Mortgage Hix Per Cent. Bonns....
26,009 Western Pennsylvania Railroad
blxPerlC'eut. Atesds (Pennsyl.
Vanla Railroad (fuarnte)..
80.UOO btate ot Tennebsee Five Per CeuU
Loan.
7,000 Htate of Tennessee Blx Per Oeut,
Wr Ixan .,
x ,1.1,000 8ixl shares stock of Oernianlown
Gas tympany (principal and in
terest guaranteed by tbe city of
Philadelphia)
7,500 160 Shares Siook of Pennsylvaula
Railroad Com pany. ..............
5000 100 bbares btock or North Pennsylva
nia Railroad Company
20,000 80 Kharew block or Philadelphia and
boulhern Mall bteamship Com
pany........ .....
aoi.ooo-oo
13I,400'CV
52,562-60
210,070 -00
125,(125-00
61 .000 -00
19.800-00
28,375-00
20,000-00
18,000 00
4,270 00
15,000'00
7.800-00
3.000-00
13,000-00
201,900-00
201,900 Loans on Bonds and Mortgage,
first liens on City Properties....
(1,101,400 par.
Market y,alue f)l,102,802-50
Real Ftate 86,000'00
Hills 'Receivable for Insurance
made" 219,135-67
Balances due at Agencies Pre
miums on Marine Policies Ac
crued Interest, and other debts
due the Company 43,331-86
fctock and.bcrip of bundry Insu
rance and other Companies,
. . (K7-00 Estimated value .. 3,017-0O
Canh la Rank ..1108,017-10
Cablilu Drawer 198.51
- 103,315'62
1,607,805-15
Philadelphia, November 18, is7,
Tbe Board of Directors have this day declared a
CA6H DIVIDEND OF TEN PKIt CENT, on the
Capital Btock, ana BIX rEB OBtir. Interest on the
Scrip ol the Company, payable on and alter th 9 1st ol
December proxtmo, free of National and State tax.
They have also declared a SCRIP DIVIDEND OF
TWF.NTY-FIVK PER CENT, on the earned pre
miums for the year ending October 81, 1867, certificates
of which will be issued to the parties entitled to the
same on and after the 1st December proximo, free of
National and State taxes.
They have ordered, also, that the SCRIP CERTIFI
OATHS OF PIIOF1TS of the Company, for the year
ending October 31, 1863, be redeemed in CASH, at the
office of the Company, on and alter 1st December
proximo, all Interest thereon to cease on that day.
No. certificate of profits Issued under $25. Bv the
act of Incorporation "no certificate shall Issue unless
claimed within two years alter the declaration Of the
Dividend whereof It Is evidence.
DIRECTORS.
Thomas C. Hand,
John C. Davis,
Edmund A. Souder,
Theophilus Paulding,
John B. Penrose.
James Traqualr,
Henry C, Lallett, Jr.,
Sam o el E. Stokes,
Henry Sloan,
William O. Boulton,
Edward Darlington,
H. Jones Brooke,
Edward Lafourcade,
Jacob Rlege1,
James C Haml,
William C. Ludwlg,
Joseph H. Seal,
Qeorge O. Lelper,
Hugh Craig,
John D. Taylor,
Ueorge W. Bernardou.
Jacob P. Jones,
James B. MoFarlaad,
Joshua P. Eyre,
Hpencer Mcllvalne,
J. B. Bemple, Pittsburg,
A. B. Berger, H
D. T. Morgan, M
THOMAS O. HAND, President.
JOHN C, DAVIS, Vice-President.
HENRY LYLBURN, Secretary,
11 15 15t HENRY BALL, Aslataat Secretary.
' FURS.
1867.
FALL AND WINTER.
1867:
FUR HOUSE,
(Established In IOIO.)
-ne nnderslgned Invite the special attention of the
Ladles to their large stock of FORB, consisting of
Muffs, Tippets, Collars, Etc..
LN RUSSIAN SABLE,
HUDSON'S BAY SABLE,
MINK SABLB
ROYAL ERMINE. CHINCHILLA, FITCH, ETC.
All of the LATEST STYLES, SUPERIOR FINISH,
and at reasonable prices.
Ladles In mourning will find handsome articles
PERSIAN NES and SIMIAS; the latter a moat bean
(Itnllnr.
CARRIAGE ROBES, SLEIGH ROBES, and POOl
MUFFS, In great variety.
A. K..& F. K. WO M RATH,
1 11 4m NO. 417 ASCII ST BEET.
jft d Will1 remove to our new Store, No. 121 Cheenut
street, about May I, 1868.
p A N C Y F U R 8.
The subscriber having recently returned Irom
turope with an eiitliely new stock of
runs
Ol his own selection, would oOer the same to his cus
tomers, made up In tbe latest styles, and at reduced
prices, at bis OLD ESTABLISHED STORE,
fiO. 19 NOBTII TUIUD TUKJET,
10 21 2m ri 'ABOVE ARCH.
JAMES RKISKY.
pRIVT WELLP-OWNERS OF PUOPEKTV
X '1 he only pia e to get Privy Wells cleaned aud
aislnlecled at very lew prices.
' A. PEYHON,
Manufectnrer ef Puudrtue.
' t!0( COLO f""l'H'HaYnliwt
INSUnANCE COMPANIES.
1829 CHARTER PERPETUAL
Franklin Fire Insurance Co,
or rniijLBEUMiiA
OFFICE;
MOM. SS AMD4S7 CHESNUI MTBECTi
v ASSETS OX JAMCARX 1,1907,
a03,140-lB.
tarltal. ,
,t40o,oon-ot
Accrued burp iua
Premiums -
a,4)2-if
UNSETTLED CLAIMS.
fc3,4JiU8.
INCOME FOB ISM.
U6,U00.
L4KMF.S PAID SINCE 18 OVEB
3,S00,000.
Perpetnal and Temporary Policies on Liberal Termr.
DIRECTORS.
Charles N. Bancker,
teorge Falos,
i uifian vv aguer,
Samuel Hrant,
beoiue W. Richards,
A nrei jritier,
Frauds W. Lewis, M. D
Peter AfcUali,
laaav iam,
l nomas sparks,
CHARLES N. BANCKKR, PresfuenL
UliOHUK FA l.kH. Vlr I'riul.lant
J. W. McALDs l KH. Becreiary pro tem. H12 3t
BROOKLYN L1FU INSURANCE
OF HEW TOBH, MUTUAL.
POLICIES NON-FORFITABLE. Thirty day.
grace given In payment ol Premiums. No extr.
charge for residence; or travel In any portlen of ths
world. Clvldeads declared aina&lly, and paid lo
cash. Dividend In 1S67, 40 per cent.
COLTOB & BIIELDEN,
GENERAL AGENTS,
K.E. COBNEB SEVEKTII AND CIIESNCT.
Agents and Bolicltcrs wanted In all the cities an
towns In Pennsylvania and Boutbern New Jer
sey M
INSURANCE COMPANY
OF
NORTH AMERICA;
OFFICE, No. 882 WALNUT ST., PHILADELPHIA.
INCORPORATED 1794. CHARTER PERPETUAL.
CAPITA!., 9900,000.
ASSETS JANfJABT 8, 1807 .'...1,7S,967'80
INSURES MARINE, INLAND TRANSPORTA
TION AND FIRE RISKS.
DIRECTORS,
Arthur G. Coffin,
baniuel W. Jones,
Jobn a. Brown,
Charles Taylor,
Ambrose White,
Richard D. Wood,
William Welsh,
fci. Morris Wain, -
George L. Harrison,
Francis R, Cope,
Edward H. Trotter,
Edward w. Clarice,
William Cummlugs,
T. Chariton Hemy,
Alfred D. Jescup.
John P. WhltA.
aiuuu xuaaou,.
Lou l.t C. Madeira.
ARTHUR. Ci. mrviw u.ui,i..
Chaklir Piatt. Kecretary.
WILLIAM BUEHLER, flarrlnburg, Pa., Central
Agent lor the Btate of Pennsylvania. 1 toj
QIRARD FIRE AND MARINE
INSURANCE COMPANY,
(No.- 630)
N. E. COR. CHESNUT AND SEVENTH STS.,
' PHILADELPHIA,'
CAPITA!. AND KVH1!C OVEB 8300,000
INCOME lOB 186ttt 10,0lt t.
Losses Paid and Accrued In 1866,
817.000.
Cf TV Vl I ( V. flmnunl mrt t.lVVl vamnt.. .. t .1 . i
f luo,louM,o ol property hastbeen Bucoebst'u'ly insured
dred Losses by Fire promptly paid.
DIRECTORS.
Thomtq Craven
Kllas Yerkes, Jr..
Allred H, uillett,
N. H. Lawreuce.
Charhs I. Dupout,
llunrtr k' L'
Furuian Sbeppard.
Tbi mas alacKeilar,!
ui uu nuppiee,
John W. Clagborn,
' c t ''r'lOMAH CRAVEN, President:.
A. B. GItLETT. Vice-President.
a Ti fmwj JAMES b. ALVORD, Secretary.
piRC INSURANCE.
LIVERPOOL ANJ EONOOIV AND GLOBE
insUHANlli COM PA NX.
ASSETS OVEB $16,000,000
ah vuax. an auk sj. mH OVKa.8l,Su,00U
PHILADELPHIA BOARD.
Lemuel Coffin, Esq., ICharles 8. Smith. Esq.,
Joseph W. Lewis, Ksq., Henry A. Duhriug, Kam.
Edward Slier. Ea. '
All losses promptly aljusted without reference to
i'.ogianu.
PHILADELPHIA OFFICE,
A'O. 6 ilEliVBANTtf' EXCHANGE,
ATWfMin Rurnr
10 17 thBtngm General Agent for Pennsyl vanla.
PKOVIDKT LIFE AND TIUJST COMPANY
OF PHILAUKLr-UIA.
fcr tit u Li.riii'ini ... .
A-, iii wd, ruunin nireec.
A PITA I. l. U. I la -V OW
InBurance on Uvea, by Yearly Premiuma: or by fi
AuuuUleH Kruuied ou favorable . erma.
linn v ompany, wiine giving tbe iusured thesecurlty
ola paid-up Capital, will divide the entire prohls ol
Moneys received at interest, and paid on demand.
Authorised by charier to execute Trusts, aud to acl
as iLxecutor or Administrator, Assignee, or Uuardiau.
and in other liduuiary capacities, uuuer appolntmudi
ol any Court ol this Commonwealth, or auy oerson or
itfi-HnliN t r luiflt.u. in 1 1 1 j 1 1 - .... . . r
r MiiyuitH),
SAMUEL B. niPLKY,
Mfl ItBLJUllfi,
HENRY nArNES,
T. W1STAH BK'JVVN.
W. 11. l.ll.V.l, 1,' nr
RICHA1U WOOD,
RICHARD CADHORY.
WILLIAM HACKER,'
i ' II A I I l.'M 1.. (iiiL'L.ru
SAMUEL R. bUil'Lt-.Y, ROWLAND PARRY,
FreMdeiit. Actuarv
,WJ?'tTAM9; I;OKTRErjT, Vlce-Presldeul.
T?MA8 D., J. B. TOWN3END,
7 2, i Medical Examiner. Lenal AdvUur.
pilOSMX INSURANCE COMPANY OP PUI
M jja I'HiijrjiiA.
lNCCUlPOKATEU 1861-CnARTEU PERPETUAL.
Nil.'2v4VAI.N " Mmoi i.i,i...ul.u n... i. ...... . .
In addition to M A 111 N hi and INLAND lNctUR,
A M E, this Oompany lusures from Ions or damage bj
fi niV V kA C 1A1 1 ii ui.
than hlX:tiUiUAWTt2nn
betnuromctlvadluKte'da.,,1 JJT.i U a have
John T,. TTnrtcfl
LawrnneA T.nwit t-
W. II. Maboiiy,
Ji.liu T. I.ewlH,
William b. Urant,
Hubert W. Learning,
I'. I'lurk W burlou,
Luvld Lewla."""
Heujuuiln EUInnr,
i'liouiui H. powers
X it M.. I I "
duiuna CaHilllon,
caiuuei wucox,
i ami in i;, ix orris.
BAMuKLWcy;VJreVaVy. oat-
FIRE INSURANCE EXCLUSIVELY.-THB
tl PENNSYLVANIA TRK INbUKANCEOOM
S7V.T1','.VX,il"'lt'd l1-Oharter Perpetual-No.
51H. W L r Btrli opposite Independence bonare,
1 his Company, favorably known to the community
lor over forty years, coutluues to huureagaliiMt Ions
or damage by Ure ou Vunllc or Private bulldlugs,
either peimaneutly or for a limited time. Also, on
Pnrnlture, Slocks of Goods, and Merchandise gene
rally, on liberal terms. -
Their Caiilial, together with a larr Hornlna and,
a Invented in the mnet oarelul niamier. wblcli eualiies
I bemi o otter to the Iusured an undoubted security in
the case of loao.
Daniel Smith. Jr.. Johm DeveMwg,
Alexander Reuon, g liomas SmilU,
laalla.lebun.t. Vli'tl L""' .
Thoiuaa Robl'io. I, J. tilillugbani Fall,
iiaulel Tladaix'k, Jr.
. i.ajn ikLbMiru, J a., PresWenL
FURNITURE, ETC.
AVI8 IMPORTANT!
BEAUX MECBUa,
poor Batons st Chambrea a Coaober,
Arranges pour Exposition dans AppartementalGarBbf
et Converts de Tapla.
EOBE HKIKEM, EACT CO.,
EBENIBTES,
CHESNUT STREET, an Coin de lteia.
SpECIAL CARD.
1TNB rURNITURE ON EXHIBITION III
BUITE8 OF ROOMH. CARPETED AND FUR
NISHED AS CHAMBERS AND PARLORS. '
EOBE J. IIESKEU, LACT A CO
CABINET MAKERS,
THIRTEENTH AND CHESNUT, Philadelphia.
)IE FEINSTEN ilEUBEL ARAN-
OIERT IN DKR OANZEN ETAQE FERTIQ ZUR
ANS1CHT, TKPP1CH UND GARTIENEN ELN.
BKORLFEEN.
OEOBfiE J. IIENKEES,
MEUBEL FABIUCKANt'
THIRTEENTH AND CHESNUT. Philadelphia.
AVISO.
MEUDLE8
PINO
KM
EXHIBICION.
In bene de Cuartoa,
OOLOOAIX)
couo
Balas de reclblmlento
CUART08 DE CAMARA.
Mtm
pURNITUREI FURNITURE!
noEBn and antiquki
PABLOU, IULL AND CIIAMBEB SUITS
AT BEDUCED PBICES.
Onr facilities are such that we are enabled to offer
at very moderate prices, a large and well-assorted
stock of every description ot HOUSEHOLD FURNI.
TURK AND BEDDINO.
Goods packed to carry safely to all parte of toe
country,
BICILMOND ft FOBEPAUeiT,
"tf MO. 40 H. SECOND STREET.
A. & H- LEJAMDnC
lLarVE iEMOVKD THEIR .
FURNITURE AKD UPHOLSTERING WARER003IS
TO HO, 1485 CHESNUT STBEET.
97 8m Next tfl the c orner of Fineenth.
TO HOUSEKEEPERS.
I have large stock of every variety of
FUKNITUKE, -Which
I will sell at reduced prices, consisting ol
PLAIN AND MARBLE TOP COTl' AUE bUIT&
WALNUT CHAMBER SUim DWA0
PARLOR SUI'lS IN VELVET PLUSH.
PARLOR SUITS IN HAIR CLOTH.
PARLOR SUITS IN REPS.
Sideboards. Extension Tables, Wardrobes, Book.
Cases, Mattresses, Lounges, etc etc.
r. p. eusTiirn,
8 H N. E. corner SECOND and RACE Street..
ESTABLISHED 195.
A. S. nODINSON,
French Plate Looking-aiasses,
ENGRAVINGS, PAINTINGS, DRAWINGS, KTO
. Manufacturer of all kinds of
LOOUIM.fiLAsR, POBTBAIT, AHD PIO
TUBE FBAHEM TO OBOEB,
No. lO CHESNUT BTREETJ
THIRD DOOR ABOVE THE CONTINENTAL
FmUtDKLPHTA. 1S
GROCERIES. ETC.
fRESH FRUITS, 1807.
PEACHES, PEABS, PINEAPPEES,
PEITMS, APBICOTS, CUEBBIEfl,
BEACHBEBBIEM, QUINCES, ETC,
PBESEBVED AND FBHSII, IJf CANS AND
JEAaS JABS,
Put np for onr particular trade, and for sale by the
doien, or In smaller quantities, by .
MITCHELL & FLETCHER,
910 8m NO. 1Q4 CIIEWNTJT STBEET.
JAMES R. yEDD,
TEA DEALER AND QROCER,
S. E. COB. EIUTII AKD WALNUT STB,
Extra' Fine Souohong, or English Breakfast Teasv
Superior Cb ulan Teas, very cheap.
Oolong Teas of every grade.
Young Hyson Teas of finest qualities.
All fresh Imported. nf
RATIONAL UNION
OBOCEBT AND PBOYIsION COMPANT.
Groceries and Provisions at Coat
OPFICE : No. 235 South THIRD Street.
STORE: No. 608 ARCH Street.
Cash Capital.... M...M. ........30,00ff
President-WIIILL. D. HALKMANN. II Him,
EVV 15UCK.WUEAT FLOUR
'WHITE CLOVER U0NEYl
I IHST OF THE SEASON,
AEEEBT C. BOBKKTS,
Dealer In Fine Groceries,
Corner ELEVENTH and VINE Ste. J
117rp
FURNISHING GOODS, SHlRTS.&C.
j W. 8COTT JSC CO.
III1BT UANUFACTUBEBS,
AND PEAI.KKS1BT
HEN' EUNISHIM OOODO
, WO. S14 CHESNUT STBEET,
FOUR DOORS BELOW THE "OQNTINENTAJU
WP run.in., .TT
PATENT SUOULDER-SEAW
iUIBT MAmvi.n-
ANDOENTEEnEN'S 1 IUMNIIIMU STOBB
GOOLifc liiull tortoij. 1LEMEN tt DRESS
.. ' WINCHESTER A VOH
-I "O. Ji K.M EbN UT "Unnt.
(-JETTHR BKHT.-THE HOLY BIBLTC HARD
A Ulg S Kdltioua PkiiiII v K.h.li K..lru Uu.i
111 beautiful siyles or Turkey Alor(xj and aiii.liiii
blunlnira. A nuw r... ..i...... '. "
portraiiaef lamiiie;: .-v-io.
WM. W. HARDING, Publisher.
V0. Wt CiLfc&N LT buevt, beiww FourtbJ