THIS
A.
E&RA
VOL. X-No. 133.
PHILADELPHIA, SATURDAY, DECEMBER 5, 1868.
DOUBLE SHEETTHREE CENTS.
FIFTH EDITION
THE LATEST NEW3.
'.
1 1
The Ohio River Disaster-General
Grant's Northeastern Tour
Internal ltevcnue Affairs.
More "Whipping in Now Castlo,
Delaware.
FIRST EDITION
ANNUAL REPORTS.
The Exhibits Made by the Secre
tary of the Treasury and
Controller of tho Currency.
Terrible Accident on the. Ohio Iliver.
Uadison, Ind., Dec. &. Te Madison Courier
gays a terrible accident occurred on the Ohio
river last nipht at ll3.'o. Tho steamer United
Elates, which was dcicendinrr, and the Ameri
ca, ascending, collided at Hail's Landing, about
two miles above Warcaw, ou the Indiana side.
The United States bad a quantity of petroleum
on her guards. The America struck her on
the starboard Bide forward of her steps, cut
ting into her a considerable distance, and
sinUh g her to about tUO ma'n deck. Iu ten
minutes fire was communicated in some way to
the petroleum, and both boats were soon In
fumes.
i It Is said that some mhtaVe was made In tho
signals. The America blew her whistle twico,
which the pilot on the United States apparently
Aid not hear. The America again signalled two
blasts of her whistle and then the United States
answered, but it was too late, as both steameri
were on the point ol colliding. It is believed
that from seventy-five to eighty passengers have
tfen lost, including thirty-eight women who
yere on board the United States. W. C. Taylor (
e'erk of the America, after securing the books,
register, and valuables, went through the cabin
kicking in the doors of state-rooms. Through
his Intrepidity uo lives were lost on bis boat.
Mr. Foster and Uij jumped to the deck of the
' America, a distance of lifteen feet, aud were
taved. The survivors of this t?rnbla accident
unite in praise of the management of the Auerica
alter tbe collision. Not thirty seconds after
the boats collided the U tiled States was a roass
of flame from 6 tern to stern. The America
xn'sht have been saved had she not attempted
to Gave the passengers on the Uuitcd States.
FB OM WASHING TON.
Bptclal Despatch to The Jftcning Telegraph
The Revenue lrparlmeut,
Waeiiikgton, Dec. 6. Several members and
Senators are in favor of making a separate dc
parmenl of tbe Internal Revenue Bireaa.
5 hey propose to take all of tbe bureaus at the
Treasury Department proper relating to Internal
Revenue and consolidate them with the main
bur au. Tola, it is thought, would mako the
department sufficiently large Hud important of
Itself. It is probable that at an early day a bill
Will be introduced for carrying this idea into
Cffcet.
I iinong the arrivals lonlay Is
lion. O. J. UK-key,
accessor of Thaddeus Steve as in the House.
FB 031 DELAWAB E.
More Whipping by the Sheriff.
Cpeeial Despatch to The Kvening Telegraph,
New CiBTLB, lec. 6. Just before 2 o'clock
Sheriff Kichardson returned totewn and per
formed the flosglng cere nouies. It jbert Ilarrls,
ft negro boy, for tteuling five dollars in green
back, received ten very mild lashes, never
flinching. Graves, who bad s'ood an hojr in
the pillory, then g)t twenty lashes, the yeilo
flesh being slightly reddened. Sluby, who had
also been in the piliory full an hour, having
been guilty of ureon, got thirty blows, heavier
than the others, h'.s eyes running and his posi
tion being frequently changed to avoid the force
of tbe blows. Hal -a-doztn or more newspaper
correspondents were looking on, and tbe whole
thing was a purposely-made farce by the Sheriff.
A white man who had been sentenced to ten
lashes was pardoned by the Governor.
FBOM BOSTON.
A Collision of Can.
Boston, Deo. 5. Last night the Fitchburg
freight train, when near that pls.ee, became dis
connected, an I the engine stopped. The cars de
tached collided with two of those ahead, smash
ing a tank car filled with petroleum. The shoek
broke a 1 intern in the hands of the conductor,
Jo tp'i Hobbs, covering him with oil, which
Igaited, and he was burned to death. The tank
expljded with a feariul concussion, throwing
the debris of the car all arena J. No other par
son was hurt.
FBOM CANADA.
The Trial or Wbalen,
Toronto, Dec. 6. Tbe argument on the as
signment of errors to the cast) of the Crown
aita'nst Wbclan was heard betore the Court of
Qjeeii'ti Bench in Osgood's Hall yesterdny.
JudgeB Richardson, Morrison, and Adam WiUou
presiding, lion. J. U. Cameron, oi counsel for
tbe vrisoner, coutande.1 therii was no commis
. bk n lor a eeueral se-sion of Oter aid Terminer
toe held by Chief Justice Itubards; that, no
jury process was awarded, or could ae awarded;
and that the challenge ot Jouattian Soarks wis
lie properly allowed. Counsel for the Crown
replied Uat Whelan was not entitled to a cha
lenae. aud, luriher, that his challenge was
cxhaut-ted. Judgment will be delivered on the
21st intrant.
About a foot cf snow fell last n'ght, and it is
still snowing.
FBOM BHODE ISLAND.
Gen. Grant's Visit and his Intention.
J bovidencb, n. I Dec. 6. General Grant
Arrived here from Boston at 10-30 this morn in.
A' though a severe snow storm prevailed, he rods
Jn an open carriage through several of tbe piiu
clpal streets, which were crowded with people,
to Burnslde's iesldeuce, where many persons
lad rn opportunity of personally saluting h!m
He wU' probably vWit some of the maunfactur
: Jng establishments th! af.ernoon, and will leave
tor Halt lord this evenlug.
From Ituffalo.
1 EOFiLO, Dec. 6 Charles Phelps, of Oneida
county, and captain of a canal boat, was arrested
iere lut evenioe for highway robbery. lie is
Charged wuh knocking: down and robbing Joha
v i.o.er, of Onondaga county, of $02. Xuo sleigh
ing i trj flue this morning.
We print below abstracts of the annual reports
of tbe Currency and Treasury Departments.
Upon the inside pages will bo found the Nava
Department exhibit, which is of much Interest.
TIIE TBEASUB Y.
A Condensation I" Secretary SIcCulloch'a
Kcport.
A cpecial to the Boston Herald of yesterday
says:
b.eretary McCulloch's report is in the prin
ter's 'hands. Ibe Secretary congratulates tbe
country that tbe national finances are in a eood
condition, and that the nation has not sudercd
lrorn an expansive credit system, bused ou a too
redundant currency. Economy in publ'C an I
f'rivate busluees interests has divrrted industry
nto bealtby channels, and he believes tbat
with proper Unsocial legislation, iu tho
revision ot the tariff and the modification of
certain pcrtion9 of tho Internal Kevcuuc
laws, the path to specte payments may be
reached, though he is opposed to naming
by legislation any time tor resuming, and de
clares tbat tothinz can be pained by forced
resumption. Tbe funding of tbe public debt be
reearas as one step towards resumption. The
recort shows tbat up to date of tho 7 30 bonds.
$827,620,350 have been funded into 6 20 6 per
cent, binds; ot the 6rst series, $29!,5C5.700;
second series, $330,188,200; third series, $197,
875,450. This leaves on the 1st of December of
the outstanding 7 30 notes but $2,333,150. Tae
tloutins indebtedness in tho shape of compound
interest notes which became due between t ha
loth of June, 18G7, and the. 16th of October,
18G8, have not all been redeemed; but mauy
have been received in eschanga for 3
I-er cent, certificates, leaving a few mil
lions outstanding. This policy of funding,
eo carefully and steadily pursued by
convcriinethetemporary louu. interest-bearing
note.', etc., into a ti per cent, crold bond is
rejrardtd as having a most impor'ant bearing oa
the question of resumption. Tbe report next
dibcusses the contraction of the papt r circula
tion by Ue redemption of Untied biafs notes.
Wr. McCulloch'i well-known vie vs remain un
changed. The Secretary cs'im'itcs the expendi
tures for the tjscul j ear ending June 30, 1370, to
be $250,000,000 in rouud numbers, though the
War Department, in the event of an Inlian war,
will add many millions to tb s estimate, Last
jear the War Department asked for $25,000,000
tor bounties, but its estimate this year is less
than tbat amount, as no more appropriations
for I'ounties are required. Th report fur
ther shows tbat thrj amusl interest on the
public debt is, in rouud numbers, $140,000,000,
and the estimate lor tbe next fiscal yar
is but little in excess of that amount. The
cs'taiRtes of the Navy Department are some
$15,000,000 less than last tear, and the Secre
tary calls again upon Conpress lo 'ontinue Its
vtork of reducing the expenditures in a'.l
branches of the service. Tbe receipts show
that the internal revenue for tbe present fiscal
year will amount to about $120,(.00.000, which,
dt ducting the nmouot ot revenue cut otT by the
act of MHich last, will prove the Secretary's
ettiaiates made last November to be correct.
The estimated revenue tor the next fiscal year
frnm cua'oras, Internal revenue, lands, and
mli-eellai.cous rources, is mauy millions in
excess ot the cipeud tures. This year tbe esti
mated excess wps but $0,000,000. Of course
thefe estimates do not include the couhneency
of an Indian war. Tue Secretary's report
will tbow that the public debt has
been reduced during the vear from fiovemVr
1. 18G7, to November 1, 1808 ihe dates at which
the comparison is nude $35,624.102,82. If tio
month ot November be ad let t j te year, the
iieht lrorn November 1, 1807, to December 1.
lflC8, has bcjpu reduce 1 but about $27,000,000.
Tb se tipures show the amount of dobt lesj the
cash In tbe Tieaury. The report will show au
expenditure on account of tbe public debt of
about $80 500,000, which includes rederrptions,
conversions, interest on the public debt, etc.
Tbe Secretary al.-o renews the recommendation
contained in li s laot annual report ot a reor
panization of the Bureaus of the Department.
uno most respectiuiiv aua earnestly sjl clts for
it tbelavorable action of Congress. He also
alludes to the taxation of Government b aids by
the Satis, and adheres to his views on that
fcuhject.--2ffr'7rflt o Bos on Herald.
TUB QUBUENQY.
Annual Report or tho Controller, II.
V. Ilurluurd.
The report of the Controller of the Currency
Is completed and printed In pamphlet lorua fur
fcubujlwtlon to Congress on Tuesday. It con
tains Important reuommendaiious ana sugges
tions regarding tbe national banking system
and national nuauees. not heretofore louladed
in tbe verv brief abntraota wuloo. havn iimii
publlsbed. Tbe follow lag la aubstanLlally tne
en t lie reporl:
Ou tbe kutiject of banka In voluntary llqatda
lion, Mr. liuiourd says tnat sect Ion 42 of tne
Cunency act provides that any association may
Ho into liquidation and bo closed by a vole of
Miartholueis owning two-tLiiru of the stock;
ibal due notice of snob notion shall be puo
lUbed. etc; and at any tlnae afier tne expira
tion of one year from tbe publication of such
notloe tbe said association way pay over to tae
TrtuMirer of the United States the amount of
Ha outstanding notes In lawful money of tne
United Biuies, and take up tbe bonds walcn it
has on depoait witn the Treasurer as security
lor aueb circulating notes, leaving It optional
with tbe bank or Us representative to take up
the bonds or not. Under this provision a
bauk may go Into liquidation, pty oil 1U
depositors bud other creditor, do no buslnesa,
nave no existence as a bans: of dUoouut und
deposit, and yet reap ail tbe benefit of a olrou
lailou auaranieed by tbe Government, la
some cusea tbe ownership bus been canoe ti
trated iu the bands ol two or three individuals,
who continue to do business as prlvaiebau.lt
era, avoid taxation, evudu tne requirements of
the Currency uet, and mill retain tbe most pro
fitable features ol a national nuua. To o.irreot
abuses of tnls kind, it IssuKKeHied that national
bunking association wnien go into vo
luntary liquidation be required lo pro.
vide for ibelr outstanding circulation in
lawiul money, and take up tueir bojds
within tbree ort.li tncntb; la default of wtnou.
Ibe Conlioller shall have power lo sell tbulr
bonds by auction in New York city, aud. uf er
paying to tbe Treasurer ibe amount of tbe out
btauuing circulations of tbe bank in lawtul
money, to pay over auy excess tbat may be
realized from tbe sale of ibe boud to tbe asao
elation or its legal representatives, iiaoks that
are winding uplor Ibe purpose or conso.ldutlutf
with other bunks, or wltb a view of ruo'gaul
fciuu at some other aud more desirable p jlut.a,
should be excepted from tbe foregoing require
went.
Tbe Controller speaks as follows In regard to
tbe periodical stringency In Me w York city: A
eareiul study of the bauk siaiemeuta of New
York, takeu separately, ana tbe application, of
tbe fuels so obtained to the aggregate statement
or at struct of Ibe whole, atturds valuable and
inutiuetlve lnformailou. The ubatract snows
ibe total of loans to be $ 163.684 000. An exami
nation of tbe statements iu detail shows tbe
character of tbe loans to be auostanllally as
follow: Commercial or business paper, i!)0 000
Ctit); demand loans, gtitj.Ww.uOO; accommoda
ting loans, f 3.&00 00l: suspended loam, fl,-600.010-,
total, 1U3.600 000. Mue-slxUeailia or
rather more than naif the loau Is legliiiaue
business paper; the balance la upon otll or for
accommodation. Tho amount loaned oa call
for commercial purposes la not staled, but
tinslworlby Information, leads to tbe belief
Ual it is very small. Tne customs and neces
sities of trade are of anoh a obaraoter as to pre
clude loana of tbis kind. In addition to this
oireet loan of $70,000,000, tbey furnished facili
ties by means of certified checks to tbe samo
class of operators to an amount ranging
from 1110,000 000 to $130,000,000 dally. On the
6tb of Ooiober the amount was $112,800,000,
and these checks are made to swell tbe amount
of Individual deposits. Tbey are credited
to depositors as money, and are circulated
and treated as money by the banks and by
their customers. Yet, wnen ascertaining the
amount of deposits upon wulch tbey must bold
a reserve, or upon wblon they must pay taxes,
tbe banks invariably deduct all auou cheeks
on band. For lnstanon, on tne first M inday
of October tbey reported: Individual deposit.
$284. 170,000; but deducting checks on band,
$112 WK),li0O, they bad aotual deposits of $111.
870,000. Tuktog tne call loans aud tbe certified
checks together, tbe somewba startling fact
la developed tnat tbe New York national
bonus furnish $70.000 000 of capital aud$lU,
000,000 of ciaolt for speculation. Tue nse of cer
tified checks Is a direct inflation to tbat extent
which stimulate ibe slock market and
keeps the price of a large Cass of miscellaneous
securities much above their actual value: so
that tbe market la feverish and fluctuation,
and a slight stringency reduces tbe prices.
Taking advantage of an aottve demand for
money to move tbe crops. West aud South,
shrewd operators form tbelr combinations to
depress the nierket by '-locking up" money,
withdrawing all thy can control or borrov
from the common fund; money becomps scarce,
the rate of Interest advances, and stocks decline.
The legitimate demand for money continues
and, fearful or trenching on their reserve, the
hanks are straightened for means. Tbey dare
not call in tbelr demand loans, for tbat would
compel tbetr customers to sell securities on a
falling nmrkel, wblcb would make ma'.ters
worse. Habitually lending their raeins to tne
utmost limit of prudence, and their credit mucu
beyond Ibat litlit, to brokers and speculators,
they are powerless to atlord relief. Tbelr cus
tomers, by tbe force of circumstances, become
their tnsHters. Tbe banks cannot bold baok or
withdraw from the dilemma in which their
mode of doing business has placed them. Taey
must carry tbe load to save tbelr margins. A
panio, which should ereatly reduce the prine of
securities, would occasion serious if not fatal
results to the bauks most extensively engaged
in such operations, and would produce a feeling
of insecurity which would be very dangerous to
tbe entire banking interest of tbe oouniry.
Tbe fact tbat a banking Interest caplul
and surplus of $100,000,000 can be and
has been repeatedly placed at tbe mercy of a
few shrewd, though bold and unscrupulous
men, is evidence of some Inherent defect in its
management, aud tbe foregoing statement may
serve in some degree to show where tbe error
lies: First, in demand or call loans to brokers
and speculators on collateral security, by which
nearly one-half the active resources of tne
banks are used directly to foster and promote
sneculalive operations: secoudly. ceriiliei
checks or loans of credit to the same cIhss of
meu, whereby stocks are inflated and Immense
operations are carried on daily upon fictitious
capital; third, the payment of Interest, on bank
balances, wblcb, being payable cn demaud
most be loaned on call in order to avoid hs.
Under tbe bend of specie payments the Con
Iro ler fays: "The subject of specie payments
natu'ally comes np whenever tbe currency
question Is discussed, and much Ingenuity baa
been txetciseri la devising plaus for au early
resumption, Tne principal obstacle to specie
pivmentsmay be found la the statement of the
public debt of the United (states f r the 1st of
Oow.ber, 18C8, tinder tbe bead of 'debt betting no
iilert,' as fellows: United H'nt-s noies. $3i0,
021 07:!; fractional cnrrncy,$12 03;S6l4 U.ruaklug
together $3c8,0il 087 17 or Government notes,
circulating as money and dcnlgued to tke tbe
place of gold and silver by being made a legal
tender for all deb's, public and private, except
duties on imports and interest on tbe
bonded debt. As long as the people prefer an
interior currency. Inferior because irredeem
able and Inconvertible except at a beavy dis
count, they will have it to the entire exclu
sion of tbe precious metals. Whenever the
people conc'ude tnat it is more economical to
conduct tho business of the oouniry on a specie
basis, they can ordain specie pavments by mak
ing provision through, tuelr represeaia'iv js Iu
Congress for tbe payment, or withdrawal of
the prtsent depreciated paper currency.
Issued and kept in circulation by tue
Uovernment; and whenever the people wish
to reblore tbe credit of the nation, tbey can
do It through their RnprcsanMiMves lu Cm
gress; by removing tbe only embarrassment
ibat stands In tbe way by dlrectlug tnat pro
vision shall be made for the payment of a fl rat
ing indebtedness, amounting to $348.000 000,
conslbiltig of promises to pty that are never
raid, and so establish the tact that .tbe United
states is u solvent, debtor, able aud willing to
pay every debt au It becomes due, Hpeole pty
intntsnnd the restoration of pablio credit are
within the reoca and deneud upon the will of
the people of tbe United 8 tales.
Tbe report closes wltb an allnslon to free
banking, wblcb we copy entire: Whenever
Congress shall Inaugurate measures looking to
the appreciation of United Htates notes to a
gold standard, the ell'ect of such, measures will
probably be to diminish the volume of such
notes in circulation. To what extent the re
duction would have to be carried in order to
place them permanently on a specie basis
would at present be more matter of speculation.
Doubtless a largeamount migblbeurrled,wiiu
profit to the Government aud with beneQitolhe
public, as soon as tbe e fleet of such measures
becomes apparent by tbe gradual approach of
legal-tender notes to a par wltn gold. Tne re
strictions imposed upon tbe Issue of circulating
notes by national banks may be safely removed,
provided tbe establishment of a central redeem
agency in tbe city of New York, at which all
rational bank notes are redeemable at par,
shall be required by law. Any lnoonveoleuce
resulting from a red notion of legal tenders mny
thus be remedied, and the remedy will be in
tbe bands of tbe only competent judge of the
necessities of tbe case, the business publio of
the United States.
WOODEN BAILBOADS.
Cnrlona Affair on the Adirondack.
A correspondent of tbe Mon real Gazette
gives tbla interesting account of a woodeu rail
way now in operation at Clifton. In Northern
New York, near the Canal line, and on which
Immense quantities of iron ore are transported
from tbe Adirondack mines:
- ' The grading is the same as for an Iron road,
except mat stiller grades can be ascended. Tne
tits are of the ordinary description, but are not
cquaredon any Bide, and on fe Clifton road
aie placed at the usual distance of three feet
apart, except on the trestles, where there are
three ties to every two yards. In future, how
ever, the engineer proposes to put tbe three ties
to every two yards, as he proposes running
heavier engines.
Tbe rails are of maple, six Inches by fonr; but
In future tbelr shape will be altered a little,
without lnci easing the quantity ot timber,
making them three and a half Inches on lop by
seven Inches deep, so as to be better adapted to
the Increased weight of engines (fourteen tons
insieud of ten). Notches are out In the rouud
lies to such a depth as lo keep the bottom of
ibe rail about two inches from the ground after
Ihe road Is ballasted, aud tbe rati projects sutti
i lently above Ibe notched lie to allow thetUuge
of the wheel to pass. Tue rails are fastened to
the ties by a couple of bard wool w dges, driven
1j opposite directions ou the outside of the rail,
w ithin the noicb. This has the effect of mas lug
the v hole tupeibtruciuie one solid mas with
out Die additlou of an v spikes or pins.
In making the curves the rail 1 self la bent to
tbe required shape, so tbat there is no angu
larity whatever lu the lines of rails. Tue tres
tles ate ol tbe simplest description. They con
sist of I wo up'lght slicks of square limber
immediately under tbe rails, lei Into a trans
verse stick, which are braced to the sticks of
timber laid lengthwise, from one tresile to
auother, Immediately uudtr the llneol rails,
in each dlreollon, Tbis Is further supported
by a el ml ar slick of limber at eich side, from
I be bead of Ihe trestle to the base, in a slanting
dlreotion, the whole of which is let into
a squartd log at tbe base. Tne wooden
rail is not a new Invention, but Mr.
tiulbert, tbe englner, has succeeded
In making it available without using a
particle ol iron in the whole structure, and
Las, mcreover, demonstrated thai such rail
wuyscau be used for long dUtanoes at a mode
rate cost, and this through a country where an
Iron line, as ordinarily constructed, would be
prBClioully an engineering impossibility, Mr,
Hulhert says that he is willing to contract to
lay the superstructure of a wooden railway of
his own improved construct loa at the rate of
$l.r00, American currency, a mile, where uiple
and hemlock can be obtained at reasonable
tales. Blnce my vlalt I have become no con
vinced of tbe extreme nsefnlnass of snoh lines
of railways In developing tbe resouroes of a
new country and acting as feeders to the trunk
lines, tbat I have no hesitation In prophesying
tbat before many years we shall flad them
rnnnlng In all direotions through the Domi
nion. PARAQUAT.
Lopes Kot i Monster.
The Providence Journal publishes a private
letter from Paraguay, which says:
Overwhelming foce may drive Paragnay to
disband ber armies and adopt guerilla warfare;
wblcb done, all B utn Ameiioa could not con
quer ber. Bo tbat it would seem, let the con
test go on as it may. tbat all tbe blood whloh
has been shed, and all the treasure tbat has
been spent by tbe allies, have been wiokedly
sacrificed to despoil and destroy a peaeeaole
and prosperous nation, whose only crime
seems to have been I hat It miuded ltsowntHisl
ness and became rlon. As to tbe recent re
ported outrages upon Ihe American legation,
thewiiter cannot believe, from wnat ne has
heard of the ensrscter of Lopez, and bis regard
for tbe United States, that he could have perpe
trated them without Just causa. If, however,
Lopex bas outraged our flag, tbe Government
cannot move too rapidly to wipe out the tils
giace. To do this, however, will require many ves
sels and mnch money;, lor the fleet of whloh
the papers speak so confidently, tbat Admiral
Davis is to send to Paraguay, oaa consist at best
of but tbree vesselB, one of which la a tab, that
will, under favorable circumstanced, accom
plish seven k not an hour; of tne other two, one
is a converted blockade runner, and tbe other
a nondescript, but both can, bowevor, with
good weather, keep speed with the tub. Uhouid
tills formidable fleet ever reach Asuncion, an 1
lis buttery ol about twenty etlectlve gnus be
brought to bear, L pez might be brought to
terms. Should be, it would be a refreshing ex
perience for the Brazilians, showing them now
our Government's superior Intelligence tn pro
viding for our foreign stations horrible engines
of war enables us to accomplish tnat which
they cannot, with a powerful army and nume
rous iron-clad fleet, after four years of trial.
UN FOB T UN ATE,
The Trsbnlationa of a Scotehoiau.
A cannle Scot, having emigrated from Boot
land manv years since, leaving behind htm a
wife, settled in Schenectady, N. where be
married again. A short time since he learned
that his first wife bad fallen heir to a consider
able property, aud he determined to return to
Scotland and live In ease and comfort upon ber
possessions. He look passage from New York,
and on tue ship in which be sailed made tbe
acquaintance of a Hcoicu woman, who, having
lost ber husband In America, was now on ber
way borne lo spend tne remainder of ber days
among Ibe ban Its and bfues of oer native una.
Tbe woman was taken sick ou tne passage, and
our much-married hero atteuded her bedside
and minlsteied to her wants.
One day she gave blm the key to ber trunk
for tbe purpose of pelting for her some article
which ber wants required, wbeu he embraced
tbe opportunity to steal a gold watch aud chaiu
the property of her deceased husband from
the trunk. The property was not missed until
tbe woman reached her Mends In Soolland;
and, having learned from ber companion on the
voyage unit her bis steps were tending, she
repaired thither, but found that tbe first wife
bad refused to shelter bins, and had very pro
perly kicked him out ot doors. In tnls
dilemma the man retrace 1 his steps to America
the womau whom bo bad robbed fol
lowing blm. Tbe watch, pawned to tho
steward of tbe steamei, fitrnished him the
means of passage back again, and In course of
time be arrived at Soheuectady, where he was
quietly living when his victim appeared to him
like Baiquo's ghost to Mactieih's guilty soul.
She ocmanded the restitution of the watch,
which of course he was unable to make, aud he
even denied tbat he bad robbed her at all.
Compelled lo appeal to the law, tbe woman
swore out a warrant against tbe man, and ine
Schenectady police arrested hlin. Tbe chain
was found in bis possession. Tbe woman is now
In quest of the steward who look tbe wa ch lu
pawn, end with ber cournge and determination
can scarcely fall lo recover 11.
MABYLAND.
Financial Condition or the State.
lu a quiet and unpreteuiious way the diate
of Maryland is growing in wealth and making
substantial improvements, ranking her really
among tne most prosperous of tue Atlantlo
States. Her Uganda! b flairs, we see by ao ex
hibit sent to us by a prominent oltlzaa of that
State, are in a notaoly bealtby condition. By
this exhibit we flad tue exact debt of the State
to be $11,712,100 45, and as an offset to this
debt Bhe bolus stocks for tue sinklcg fund
amounting to $1,591 509 71, and productive
stocks, ou which she reoelve-t interest or
dividends amounting to $5617,47'!, making a
total of stocks held by tbe Slate $7,137,979 71. and
on wblcb she receives Interest and dividends
amouuting to $428 031 00, or equal to the Interest
ou $7,143 901 00 of ber debt, which, deducted
lrorn ber entire debt, will leave $1 6W.28S 1)5, ou
wblcb she has to provide Interest. As a fur
ther offset to this debt of $1,568 286 05 -on whloh
she bas to provide the Interest sue holds uu-
f roduotive slocks and balance dn by aooiuut
ng officers amounting to $ 10 601,0. 18 86 wblon, if
put on the market, would reallzj iln ronnd
numbers, at the lowest figures, $10,000 00 J.
Therefore it can safely be said tnat the State
has no debt, but, on the contrary, holds s too Irs
sufficient, if put In tbe market, to not only pay
ber entire debt, but leave in the treasury a sur
plus of five and a hall millions. Washington
mar.
Financial Items.
From the Timet.
"Tbe market for Money has ssnms't much stsadl
rtess at t(u)7 percent, to th brokers iu stocks, and
7(u,S per cent, on prime merchant paper of abort dale
to the discount brokers. We hear of 15uilu oar ea-
fatten eniaai? percent, on stock collateral InoluJ.
ug tbe publio tunds. As remarked yestardav, toe
cubtideLce or borrower, on call. U But veiy strong
Id an easy n arket through Ihe month pf I)cmbr.
and beocelbxir r? ad lues to pay lull 7 per cant, oa
loans to run lo tbe New Year Tbe publio tuuu, to
day, show much nrnnaas especially at tbe close at
tbe day. tbe prices at tbe i li Government Board
being quite RtifJ on all classes of ibe -2iib tbe old of
nm, in,e J,: the new or IM7, ntJiy,5,; per ceut The
Borfler Biatefionai rather weaker than oa Thors
oay." From the K. Y. Tribune.
"Money is 6M7 per cent nd call, with a fair demand
from hroktr . Oo Governments cnslilerakle amounts
were left at S per cent. Iu commercial papar there
waa DO change.
"gttrllog fcicbanee Is steady at anntatmn": Tjon
don. u days, lifkuliBi(: London, sight, le Wl"8,;
Pails long, t-HC((y. '?;: Par. a. abort. 8.16j,(- o:
Antwerp 61 (a.a Blu. b-iix.'S t',: Hanh.ir. W;
Amsterdam, 4K'a4lV, Fraukfurt, 4oi&l; Bremen,
7S34ftt7SJ.: Berdu. 7i;.7isi."
Tbe IoUowIiib runups under the revenue law of
JoIt 20, 1H, have been made:
Au.uutoiurrot tobacco, suofr, and clrars, who
sell ld pruduci away from tbe nlace hi' pruUuct'oa
Is a dealer in tobacco, and is nnojoct to all the liabili
ties ai d entitled tc all tb privileges of oih. r elers
In lohacuo. Tobacco siinfT. and cigars tberntore,
wblcli prior to November 3 18B8. were removed from
tbe place oi manravture to b' place ot business as a
dealer In tobacco for sale, or which prior t tbat data
were removed and pinced In the bands of his agents
tor tbat purpose, niy ba noli without eta nips atanv
time prior to lbs date prescrlh'd In sections 7S and
M of ibe at or Jul J 20, 1K68 ur stamo
lng Ibem In ibe bauds of all persons aaiung
tli em or ofTertng lhu for sale. Tobanco. anufl, aud
ctgara cannot, since Nov. 23 18K8. be lawfully re
moved from tbe plan of tbetr manufacture or pro
duction torconsumptti n or aale uutll tbey ara pvilced
aDd (damped, in accordance wiiti the Dr vlsioan ol
tbeac of Julv 2u, lues, even tboufh tby have bead
luspecUd and returned aud a tax bas been asae8d
upon them. Where a tae bai been astesied unnti
tobacco, snuff, ami cigars, before any tax actually
accrued therein, tbat la, before tba sula or removal
for oxiisumpiioii, or sale, will ba abated or rafuudel
as tbe case may be. upon an application In proper
lorin to tbe Ojmmtssloner ot lutemal Keveuua."
FBlMClPaL AKO INTKBKBT IN UOLD.ThO Flrtt
Mcrteage flfiy-jear seven percent. Sinking Fund
CoujVn Bonds of tbe Itocklord, Rock Island, and bt
1 cols Jiallroad Company, principal and Interest pay
able In GOLD l01N,ree of Government tax. are for
Bble at tbe cfllce of the Company, No, 12 Wall street,
Ksw York, at 97X per cent., and accrued Interest la
currency.
Pamphlets, giving fuller Information, may be had
at tbe office.
Government and other securities received In ex
change, at market rales.
s H H. BOODY. Treasurer.
The wickedest woman in New Orleans is
dead.
SECOND EDITION
LATEST BY TELEGRAPH.
Tho New York Gold Market in a
Flutter-Rumored Death of
Napolcon-A Riot Between
the Press and City Offl.
rials Reported in
Paris-The Eu
ropean Markets.
Disaster on tho Ohio Itivor
Collision of Steamers
Many Lives Lost,
FBOM NEW YOBK.
Rumored Ientti of Nnpoleo atnd Riot
In JI-atrls-Haddeu Itlse la Uold,
Special DetpateH to The Kvening Telegraph,
New Yoke, Dec. 6. The gold market here
this Qior&ius is unusually excited and feverish.
The opening price was 1351. About 11 o'clock a
report reached Ihe Gold Room tbat private tele
grams from Parlj had been received here dated
tbis morninr, announcing that a riot had broken
out in Paris, in consequence of a collision be
tween the French Government and the press. 1
is difficult to ascertain whether this news is
true or not, but it has materially arTcc'.ed the
market and the price of gold has suddenly ad
vanced to 1361. Henry Clews 4 Co., of Wall
street, this morning before the advance in gold
purchased all the Uovernment gold offered for
sale by the Sub Treasurer; the amount was
$300,000, and the price paid 13543. Another
rumor is current of the death of Napoleon, but
tbe statement is considered absurd, and is pos
sibly a trick ot the pold clique to advance the
premium in Wall street.
FBOM OHIO.
Collision of Itlvcr Steamboat".
Special Despatch to Tne Evening Telegraph.
Cincinnati, Dec. 5. Intelligence Is Just re
ceived here to the effect tbat the large passen
ger steamboats United States and Amerloa
collided this morning about fifty miles below
this city, and were both burned. The loss must
be very heavy, although no particulars of the
disaster have yet been resolved. Both boats car
ried the malls, which were probably lost. No
lives are reported lost, and It la thought all the
passengers esoaped In safety.
SECOND SPECIAL DESPATCH.
Cincinnati, Dec &V1 M. it Is just ascer
tained that a number of lives were lost by the
burning of tbe steamers United States and
Amerloa this morning, but how miuy Is not yet
known. Further particulars are anxiously
awaited. The cargoes of both vessels are a total
lots.
Despatch to the Associated Press.
One Hundred Lives Kcported Lottf.
Cleveland, Dec. 5. It is reported that the
mail boats America, bound np, and the Unite J
States, bound down, collided near Warsav, be
tween Cincinnati and Louisville, last nliht, by
wn'ich one hundred lives were last. A great
number of ladies on the Uulted.S.atos perished.
More particulars soon.
Accident to an Oarsman
Walter Brown, champion osrsman, who was
rowing from Pitteburtr to Cincinnati on a Wfter,
ran his boat on apllc of a bridge pier at Parkers
trnrg, Va., this mormutr, ami injure! it so mueli
as to be unable to proceed farther.
FB OM DELAWAB E.
The Whipping. Post and Pillory.
Special Despatch to The Evening Telegraph.
Kiw Castlb, Del. Dec. 5. At 11 o'clock this
morning two colored boys, named Joseph Sluby
and Jonathan Graves, were placed in the pillory
an bonr each, the first for arson and last for theft.
A i-low, drizzling rain added to tho torture, but
bo h bore up cnJer the infliction very bravely.
But a small crowd was present, among the
number being several ncwsDaper correspon
dents from New York and Phtladelohia Taesa
two boys and another are to be whipped as soon
as the Sheriff arrives.
FB OM BALTIMOBE.
Special Despatch to The Evening Telegraph.
Baltimobe, Dee. S.
Snow
fell neuily all night. Tbe ground is covered
this morning with three inches. It is now
melting.
The Machine Shop
of the Western Maryland Railroad at Union
Bridge, Carroll county, which was
Barned Yesterday,
will be a loss of $12,000 to the company. No
cars or engines were destroyed. A considerable
amount of tools were saved. Work on the ex
tension of this road to Hagerstown was par
tially suspended in consequence of want of
fund?.
FBOM BJIODE ISLAND.
Arrival of General Uraut In Providence,
tipeeiul Despatch to The Mvening Telegraph.
Providence, Dec. 6. General Giant arrived
here this morning amid a severe snow-storm,
and was greeted with enthusiastic cheers by
tbe large crowd that had assembled to receive
him. After a drive turoich the pmiclptl
streets ot the city, ho proceeded to tbe residence
ot Governor Uurnnide. It is understood that he
leaves for liartlcrd this evening by a special
truin,
THE E UB OPE AN MABKETS.
By Atlantic Cubit.
'Ihla MornliifcT's Quotations.
Lonion, Dec. 6 A. M. Cousols for money,
02 ; lor aoeount, 92$; United States Pive
twentles, 74J. Stocks dll. Erie, 2G4; Illinois
Central. 9(J,
LiVf BPOoL, Pec. 5 A. M. Cotton dull; the
tales to-day nil! probably reach 8UO0 ale.
London, Dec. 6 A. M. Sugar afloat dull.
Linseed uil, 20 10s (20 16a.
Fire at Lock Haven.
Lock Haven, Dec. 6. A fire broke out in the
rear ol J. V. Bioan & Sou's worerooms yester
day. The tire engluo belug under repair, and
there being no othtr preventative, the flames
spread ranidly. and succeeded In destroying
Kinu & Marshall's brick block and Sloan's
Irame. The end of KHier's brick building waa
crushed in, piling brick and mortar Into tho
Post cilice. Tbe loss is about SlO.ouo. which is
tcutlrely covered by Insurance, Tho fire is sup
Kii.o.l in ha flia WArlr i9 .m ln,. jin..
Boy Drowned
Nbw Tobk, Dec. 8. A boy aamed 0'8haojtk
ntisy, while skating on a pond on Btatca
Island, yesterday, fell through the Us aud was
arownvn. , ima
FINANCE AND COMMERCE.
Onci or thb Kviwms TuLieoaAPH.V
Saiurda, Dae. S, DM,
Money continues in fair demand. Call loans
are qnoted at 60,7 per cent, first-class mercan
tile paper ranges from 910 per cent, per
snLum. The demand for money at bank is
greater than tbey are able to meet. The Stook
market opctied very dull this morning, but
prices were unsteady.
(JovernmeDt securities were a friction highr.
lfl&i was bid for 10-40s; 115 for 6s of 18M1;
1114 for '62 6-20: (107 for '64 6-20s; I08i for 'as
6-20; 110J for July '65 6-20; HOi lor XI 5-2Ds;
and 111 lor 'C8 6-20s. t'lty Joins were un
changed; tbe new i-sue rold at 100.
Railroad shares were inactive. Camden and
Am boy sold at 128J, no chaniret Lehigh Valley
at 66J, a slight advauce; Penoyslvania Uailroad
at 644, no chanee. 40 was bid tor Little
Schuylkill ; 67 for Norristown; 49 J for Bcaitntc;
67 lor Mioehill; 35 for North Pennsylvania; 30
for Elmira common; 30 for Catawlssaprelcrred:
and 26 Philadelphia and ICrle.
City Passenger Hall way snares wore un
changed. 16J was bd for Thirteenth and
Hiteenth; 23 lor Spruce and Pine; 10J lor lies
tonvllle; and 33 for Green and Coates.
Bank shares were in good demand for invest
ment at full prices. 159 was bid forPnila
delphia. In Canal shares there was nothing dolncr.
10 was bid for Scbuylsill Naviiratioii ommon;
20 for preferred do.; 284 for l.ehish Waviaation;
30 for Morris Canal; 72 for Morris Canal pro.
fcrred; and 12 for Susquehanna Canal.
PHILADELPHIA STOCK KI0IUtlK BALKS TO-DAY
Beported by De Haven A Bro., So. 40 8. Third street
FIHhT Bit Ann.
srau vny on, iMsw.a b.ino
t.-MU Len iKsoiu L... ts'
t,0 do 3)i
liuooPhllAK 7......c so
li.oo ao..M ... to
u an o A Am....lsrsv
t5 fl '.....
6'shTh VH..
45 sa Penna m.,
IS.1'2
Is. 66S
la- 6t
.Thta mnrninor'ft vrtlrl nnMnllA. aviataA
by Narr & Ladner, Wo. 30 South ThiriS Blieet:
1W00 A. II.
1105
1107
11 18
1122
1123
1142
Messrs,
135 J 11 45 A. M.
iilU JIMti A. Al.
13Sjil2 05 P. AI.
1334112-18 "
136,. 12-17 "
136 12-46
13lij'
Jay Ccoke & Co,
1364,
136
liltij
l:)6
13UV
130J
qnote
Oavern-
ment securities, etc., as follows: U. 8. 6s ef
1881, 115)1J53: old 5-208, do., lllKlll,; new
6-2US, 1864, 107, fal 07j ; do., 16S, 108at M)84; 5-20s,
July, 1865, HOAfailOJ; do.. 18i'7. HOjftillO; oo.,
1S68, llOjgillt; 10-4US, 105j105$. Gold, 135.
MocU notations by Telegraph 4 P. 91
Olendlnnlng, Davis a Co. report through their
1-iew York house the following:
N.Y. Uent. K m dev. and Toledo I1.101M
N. Y. and E. H. 87'4Tol. & Wab. IU& 67U
Pb. and Kea. K 9n' M, & Sr. PI. It. com m
Mlch.t. and N.I. K.8S I Adams Kx. JoM IS
Clev. Plttsb'g K.. Wells. Kargo....aM, X
Chi. and N.W. com 7J4 U. 8. Express 4
Obi. and N.W. pref. 82 iTennessee 6s, new.. S
Chi. and K. I. R 10H Gold UQ
ritts. b W, A Chi. Ui Market dull. ' "
Six Per Cunt. Gold Intkiiimt, PRiKorpAC
ALho IIkpa YAtil.K in Goi.u. First mortgtje
bonds, based upon the valuable franohlues,
grants, railroad, equipment, etc, of the (JentnU
I'ncillo ltallroad Company, now nearly com.
pleted, and forming one of tho most assured
and productive lines of trattlo In tbe world.
Tbe way li s flic alone la laive and remunera
tive. Independently cf ihe immense through
business sot n to follow.
A n-rtlon of tbis loan Is offered to investor
at 108 per cent, and accrued Interest In cur
rency. Tne bonds have setnl-anunal gold cou
pons attached, payable in J.mu iry and July.
Information, etc., lo be had of
UK ilAVBN A BnOTHHR,
Dealers In Government fceem itles, Oold, eto.
JVn. 40 Hunth Third street
1'hiladclphla Trade Report.
Saturday, Deo. 6 The Flour market Is cha
racterized by extreme quietude, and only a lew
hundred barrels were taken by the home con
burners at $5 50(3575 for superfine; J0873for
extras; $7258 25 for fair and good spring and
best extra family; $91U7o for winter whea
do., do., and lll13 for fancy brands, according
to quality. Kyu Flonr commuuds $7'708por
bbi. No cbauite to notice in Corn Moil,
Theie is very little Wheut coming forward,
and for prime lots a steady Inquiry prevails at
onr quotations, but, inferior lots are neglocto J;
sales of red at 1 90(12 10; and amber fttii-15.
Kj e sells at $1 C3SI C5 pur uusUel fur Wewtern.
i cm is dull and weak; sales of old yellow at
tl 21l-23; and new do. al l)tc.tl. Otis move
slowly at former rat?; sales of itfHK) bushels
Western at 70(30. Mosaics were leported its
Barley or Malt.
Knrtc Tne last sale of No. 1 Quercitron was at
J42 50 per Ion.
Wnishy la remarkably dull; salesof 50 barrels
Pennsylvania at 81 01 per gallon, duty pail.
LATEST SUirriSG IXTELLIGEXCE.
For additional Marine iV etvs see Inside Paget,
fBY TKLKOBAPH. -
I?IW Tobk, Deo. 6 Arrived, steamships City a
New York aud Tripoli, buih from Llvarpooi,
ly Atlantic Cable.)
QuarsNSTOww. Jieo.s. Arrived, steamship Bootla,
this Uioiuiof. liom Kew York,
PORT 07 PHILAJ5KLPHA..rjECKMBIia Oi.
stats of thiihositik at thb kvbhtlns tbbx.
ouapu offjcic.
7 A. M, 11 A. M 41 1 1 r. M .M.,.43
CLEARED THIS MORNING.
(Steamship Bruueua, Howe, New Yora, Joha F. OhL
pi.rt. brig Uarianna IV, Uancalves, Lisooa, Jos a De
Besaa Uulniaraes.
Bcnr Uriels, Uowuu. New Haven. Day, Hntdell A Oo,
hclir H. A, Hunt. Oompton. aaieui.tscuu. WalterAOo,
Hchr P. A. Urau, Lake Uleuluego. UadulraAUabaaa,
bcbrAnnla Barton, Frlnk, Cuarleaton, H. U, O. K,
Baker A Oo.
Bear Win, John, Street, Baltimore, Lehlrh Goal Oo.
ARRIVED MOBNINQ.
BcbrCorrlalla News Irk. iluatixy, from Wickford.
bebr Crisis. lkwo. truia Frovluenoa,
hour H. a. Bunt, (Muiptoa. from Busioa.
belli Win. J una, Htreel, liom Baltimore.
baTled.
Btearnshlp Tonawamu. Cait JeDnlncs, ofthePUl.
ladeipiiia and Bouttiern Wall bwtarusnlp Oo 'a i.iAb
sailed ibis naornlijs lor bavaunikb, wltb tba lolluwina-
i aJin'n J'. K.""y- Mt- Ouarlotto Muller, Wta..
Larawy, iiounell ehaw, '
Oorrespondrnee of the PhiHdriphta Kxrhanae.
Lkwut, iiel., Deo. t-e p. M Brigs Liu's Troon
aiiu jMfCbanlo. from Wtst Iiid'ea for Puiladeiptiia.
are at tbe Breakwater deialnnd b liuad wluita. 8uii?
au'e'riioTu' UB ata for lbllaalpbU, paaseil la tbis
tchrs Queen ofthaWest, from Philadelphia for Car
denas, aud J, A. Orllliu, lie. Mr Hasua. wntmaea
to day, W luil WW. JO&Ktil ULililkiA.
v. .J . P.Vo'nuieer, Uaiiagber, hence, at New
XI'IK y ttrOsj7a
Barque Jenuy, Bonrlcl. for Bremen via Pblladel
pbla cleared ai Kw York yeRN-rdav.
Wcjirs 8. B Whfeier. Floyd j Mary Waver Wnarer:
Paul A Thomi,H'iu: and Uudlrey, beucs lor Boston, at
isoiiuea' iloln d lust.
rjenia J. H, Deiwlier. Graf, and Q. H. FeDt. Smith,
neuca lur BatoDl A. M.Lee liukaa. heuce for ttain'n
and I'rtlro, UoMers.benceior NewOur-'iort,atHoluibS
Uiiietd lost.
Hobr J Truman Olbbs, for Philadelphia, sailed Irons
New Bedford S't lust. . . , . .
Holir Hauia Ko HI rick banc, at Por'land SI Inst
Hcbr kvahella. Barrett, heooa. at Aarb.sbead ttt
nit.. and aalled agaio Sd Inst, te return.
Bcbrs Danlal Briitain. Kxrnt:er, cud M. P. Smith,
Orsoa, hence, at Providence 8(1 Inst.
Boor Jobu V, Henry, L-iUa, hunce, at Pawtueket 2d
,DBobr Anna Myrlok. Htevans, salted from Fawtaeket
(d Inst, lor JTblladulpbla vlasr York, and went lata
Newport.
Honrs uov. Burton. Wasks: Z. M'eatmao, adams;
Wai.anllco. Ciaypoole; U Kleusie. rtuiiiain, bancs for
liuiion; and Varrasut. Clark, baucs lur i'jrlatnautu.
aalled from Holmes' Hole SOI b uit
Hcbrsjessa B. Allen. Ca-,e. for Philadelphia; Rest
lets. Baxter. beuo for BobIoq; Mangle Uuaimlng4,
fueelmao, from Pawtueket for Pbliadaiubla: Aiuilra
VVooleyaud raary Augueta. bolU with ol, bguud
east, saUsd fxeia Nswpuit 2d tusk