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PHILADEIiPHIA, FRIDAY, JANUABY 29, 1869.
DOUBLE SHEET THREE CENTS.
VOL. XI -No. 25.
HUM PACIFIC RAILROAD CO, I
AND
Central Pacific Railroad Co,
FIUST MOKTGAtiE BONDS.
Ttili great enterprise lB.approaoblng comple
tion with a rapidity that astonishes tbe world.
Over fifteen WHO) hundred mile have been built
by two (2) powerful companies: the Union
Pacific Railroad, beginning at Omaha, building
west, and the Central I'acillo Kailroad, begin,
ntng at Sacramento, aud building east, until
the two roads shall meet. I.ws than two hun
dred and fifty miles remain to be built. The
greater part of tbe Interval Is now graded, and
It la reasonably expected that the through
connection between Han Francisco and New
York will be completed by July 1.
As tbe amount of Government, aid siren to
each Is dependent upon the length of ro:i each
Shall build, both companies are prompted to
groat efforts to secure the construction nni
control of what, when completed, will be one
and the. only grand liailroad Line eonteeUny the
Atlantic and i'ueyc coatn.
One Hundred and Ten Million Dollars
(tllo.OOO.OOO) In niouey have already been ex
pended by the two poweiful companies eu
gaged In this great enterprise, aud they will
speedily complete the portion, yet to be built
When tbe United States G ivummout found It
necessary to stcure the coamruotlon of the
Vacitlo Itallroad, to develop aud protect Its owa
Interest, 11 gave the couapiules authorised to
build. Ksuou ample aid s should render its
speed y completion beyond a douot. Tne Gov
ernment aid may be brlelly summed up as
follows: . ...
First. The right of way and all necessary
Umber and stone rrom pnollc domain.
Second. It mattes a donation of 12,803 acres of
land to thn mile, wntcu, wneu the road is com
pleted, will amount to tweuiy-lhree million
23 OOO.WW) acres, and all of it within twenty (.20;
miles of the I ill road.
Third. It loans the companies fifty million
dollars ($50,000,000), lor wuica It takes a second
''The Government has already loaned the
Union Pacific Ktlroad tweniyfonr million
aud lifty-elght thousand dollars (821,0)8,000),
and to the Central Fuel tin Kallioad seventeen
million six hundred and forty-eight tnousand
dollars ($17,618,W)0), amounting In all to forty
one mil; lou seveu huaired and six thousaud
dollars (4 1,700 000).
Tbe Companies are permitted To Issue their
own First Mortgage bond to the same amount
its they reeeive from the U oiled 8tates, and no
more. The companies havo sold to permanent
Investors about (810,000,000) forty million dollars
of their First Mortgage lionds. Tne companies
nave already paid lu (Including net earnlugs
not divided, grants from 8 late of California, and
Hramento city and 8n Francisco), up
wards of (12-5,000.000) tweuty-Uve mlllloa dollars
of capital stock. .
WHAT IS THERE YKP TO BE DONE?
la considering this question It must be re
membered that all tbe rerunning iron to finish
the road Is contracted for, an A toe largeit por
tion paid for and now deli vera! on the line of
the Union Pucluo KAllro-A-1 and the Central
Pacific Railroad, and thalthegradlug Is almost
finished.
WHAT KESOURCES HAVE THE 0.PA
NIE3 TO FINISH THE JtOAD?
First. They will receive from tno Government,
as the road progresses about SO.uoo.OOU addi
tional. Beoond. They can Issue their own First Mort
gage Bonds for about to.000,000 additional.
Third. The companies now hold almost all
the land they have up to this time received
from tne Government; I oon tho completion of
the road they will have received in all 23,000,000
acres, which at Jl'50 per acre would be wortn
134.600.000.
In addition to the above the net earnings of
the roads and additional capital, if necessary,
could be called In to finish tne road.
WAY BUSINE -33 ACTUAL EARNINGS.
No one has ever expressed a doubt that as
oon as the road is complatei its through busi
ness will ba abundantly profitable.
Gross earnings of the Union Pa
oino Itallroad Company for six
months, ending January 1st, 1800,
were upwardsor (3,000.000
The earnings of Central Pacific
Itallroad, lor six mouths, end
ing January 1st, 1809, were $1,750,000 gold
Kxpeuses $550,000 gold
Interest 450.000 "
1,000.000
Net profit of Central Pacific Rail
road, after paying all luterest
and expenses for six months $759,000 gold
The present cross earnings of the Union and
Central Pacific Railroads are $1,200,001) monthly.
BOW .LARGE A BUSINESS H IT BAFE TO
PREDICT FOR THE GREAT PACIFIC
RAILROAD?
We would give the following faoU derived
from Shipping Lists. Insurance Companies,
Railroads, and general information:
Bhlps going from the AtUntlo
around Cape Horn, 100 80,000 tons.
Steamships connecting at Panama
wlUi-CalifornW and China. 5" 120,000 '
- Overland Traius, Stages, Horses,
etc.oto 30,000 "
Here we have two hundred and thirty thou
sand tons carried westward, and experleuoe
has shewn that in the last tew years the return
passengers from Caliiornia hive been nearly
as nuaierous as those going.
HOW MANY PASSENGERS ARE THERE?
We make the following estimate:
110 Bieaaaships (both ways) 70,nu0 (actual for '68 )
200 Vessels " 4 000 estimated "
Overland " 100,000 " "
Nnmtoer per annum 174.000
Present priee (averaging halt tbe cost of the
steamship), for both passengers aud tonnage,
elves the foilowlngresnit:
174 000 passengers at &100 tl7.400,000
400,000 tous, rated at II per uuoio loot... 15,010,000
133010,000
Basing calculations npon the above figures,
without allowing for tbe lare increase ot bust
nets, wbleh can safely bo locked for, then esti
mate the running expenses at one half and we
have a net ineomn of 810.520,000; which, after
paying the Interest on the First Mortgage
Vuinria and thn advances made by the Govern
ment, would leave a net annuul Income of
i'limo.coo over and above all expeusei and
Interest.
The First Mortgago Bonds of the Unlou
I'acIIIc liallrurd Company and the First
Mortgage Honda of the Ccutral ruciile Kail
road t!o. are both principal aud Interest,
payable In gold colli; tliey pay six percent.
intercbt lu gold coin, and ua for tliirty
years, and they cannot lie paid before taut
time without tiie eminent, of the holder.
4'irst Mortfrano (Joltl ISouda of the Union.
J'aciile Itallroad Tor wale at par aud ac
rrud interest, and Flnst Mortguge Uold
Bunds f Central Taciilc Itallroad at 103
and accrued Interest.
DE HAVEXJ & BE0.,
Dealers In Government Secu
rities. Gold, Etc.,
Wo. 40 South THIRD Street,
pbiaadelpiih.
F I B s T EDITION
EUROPE.
Mail Dates to Jim. I t.
The Stale of Affairs in Spain-More
About the Malaga Affair A
llitnal.stio
meeting
in London.
Hj the arrival at New York yesterday of the
steamer City of London, we have European
advices by mall to January 14.
GREAT BRITAIN.
Another IMtitaliHtlc tlccllng
There was another rucetinp; ot KltuullsU on i
the morning of J.iuuary 13. at Freemason's Hull,
composed almost exclusively of those who are
in lavor of continuing the alurltehts. and oilier
practices, condemned by the Judicial Committee
of Privy Council. A long and very earnest con
versation look place, lu which Mr. Bennett, Mr.
OibySbipley, Mr. Edwards, Mr. Lowdor, and
other gcutlenien joined. It was generally ad
mitted that it would ba very unwueto bind the
clergy as a body to any particular course, inas
much as circumstances differed in variou pa
rishes, and come might feel it their duty to expli
citly obey the law of the Church on thess points
where it differed from the law of the land as
recently expounded by the High Court of Ap
peal. Several clergymen have determined to
continue the lights, at all events until they
reeeive a monition from a spiritual authority.
The question of the prosecution of Mr. Bennett
on doctrinal matters was alluded to, and it was
pcncially admitted that, in the event f the
Judicial Committee ot the 1'rivy Council de
creeing that the Keul Presence in the Eucharist
is antagonistic to the doctrines of the Cnurch
oi England, the High Church parly must, a a
body, secede.
STAIN.
Manifesto of tbe Provisional Gov
eminent.
On January 12 a manifesto was addressed to
the electors nl 8paln, signed by all the members
of the Provisional Government, wt?reby the
latter solicit approval tor their conduct, and
claim to have fultilled their promises made at
tbe beginning of the revolution. The manifesto
recalls the acts and decrees, and all the mea
sure which have been enacted In conformity
with the programme of liberty, and promises
that great economy and extensive improvements
shall be effected iu the administration of the
hnanres; and that the system of monopolies,
prohibitions, and . other impediments to tbe
develcr.iiciit of trade and commerce Bhall be
abolished. The Government further aunounces
tbat during the elections it will observe absolute
neutrality; and it recommends that all true
Liberals should uuite. reiterating at the same
time its former declaration that it will respect
the decision of the Cortes, but that it considers
the monarchical principle the tnrono sur
rounded by a great prestige, and endowed with
natural preToputlves far more likely to insure a
better luture than any other lorm ot govern
ment. OFFICIAL BEFOKT OF IDE LOBS AT MALAGA.
The Madrid Gniette of January 12 publishes
an official ret ort respecting the risiug iu Malaga,
according to which 40 soldiers were killed, 174
were wounded, and received slight contu
sions.
TUB AM KMC AN FAMILY AMOKO THE MALAGA IN
SURGENTS.
Under date Jauuary 10 the Times'' MaOrid
correspondent write:: On the faith of official
reports J gave you some time since the follow
ing story: A aorta Amencnu lamuy, consist
ing of men and women, while crossing the
Alameda, on tlieir way to the port, under pro
tection ot tlieir national nag, were nrcd upon,
intuited, and robbed by a gang of the insur
gents. It was even added that two of the ladies
had been wounded. It was soon added that
they had been rescued by the troops, that
an uuo preparation naa oeen mauc to tne
Consul, and Brigadier l'avla, the Military Gov
ernor ot tne place, enaea his telegraphic
bulletin by saying that 'the insult offered to the
American flag had been avenged.' It happens
that now, not only from a variety of Spanish
correspondents, but also from American sources,
we receive a flat contradiction of the oriiruiul
report. The fugitive family, it seems, in leaving
ineir notei, put tncmsetves or perhaps only
found themselves under protection of a party
of the insurgents, who not only gave them
no molestation, but escorted them with
every mark of respect and civility to the
quay where they intended to embark, and it
was npon reaching the open Aiamed v tha
they were met by a band of soldiers, who fired
on the party, regardless of the nou-combatauts
ana ot the stars and stripes which ought to
have protected their neutrality. It is added
that the insurgents of the escort, by a rare self
denial, did not return the fire, but hurried their
pro'ejeito the coat, where they arrived unhurt.
i uo not rnaKemyscit a voucher for tne jreun
iDCtess of cither narrative, nor will 1 even be
answerable for the real existence of the American
family said to have been on the move on that
occasion. There is an American Minister in
Maorid, who certainly would have it in his
power, and whose duty, in my opiuion, It ought
lobe, to Inquire into the affair and to make
known the result of bis Inquiry. It is extremely
difficult to get at the truth and falsehood of aoy
iaet in which Spaniards alone are concerned.
Uutthft incident here is International, and it
would be bard if foreign legitions aud consu
lates in the Peninsula bad to be numbered
among the 'things of Spain.'"
OUARBKL BETWEEN IK1M A VP fBRBANO.
Under date of Jan. 9, the Madrid corres
poudentot tlio A or writes: "There has bsn
an augry discussion between Prim aud Sura no.
Prim wished to create a hatch of twelve ncv
generals. The motive was ouvio-iis. Uo selected
the officers lor reasons exclusively personal.
They wers men devo'.cd to him. Oa Weducsday
last he submitted the list to Serrano, who
indignantly refused to accept it. IIih
words ensued, aud Sui ratio challenged
Prim to sustain his nominations before tno
Council. It met yesterday. Prim did not
put la an appearance, but scut a letter
lo fcenauo iustead, which is said to
oe couenca in liigaly unbecoming terms. The
discussion was long ami lively, but eudel by
the rejections of the proposed nominations. At
one moment Keriano Insisted upon resigning
office, but was overruled, aud for the moment
thiDgs are as they were, less the hreuch betweu
the President of the Council and tue War
Minister. The attempt to create so many new
jieuejals is very significant; the refusal to
accept them not less so. Very lew yesfrduy
knew the precise cause of this difference in tb j
Cabinet, but the tact became bruited, ami the
public securities exnerlenced a decline ol 2
percent., the heaviest yet In oue day sluee the
ltevolution."
AUSTRIA.
A Boelal Revolution.
The agitation of the clerical party, which ha 1
calmed down a little after it became evidcut
that the Government intended the new laws to
be obeyed, has again broken out. Tho cause of
this fresh excitement Is to bo found in the new
measures which are to be brought bolore tlio
Keichsrath, for the purposo of completing
Austria's social revolution. A bill on primary
education will be Introduced by Count Kaust,
and will provide for gratuitous aud compulsory
rdnciiticiD, and the euperictecdeuci of H
schools bv Btate inspectors. Another law will
be brought in to totally abolish the Concordat,
and another to make civil marriage compulsory.
Stormy scenes may be looked lor uuriog the
next session oi tue itcicnsratn.
PRUSSIA.
Illnmnrk on Conscription.
The following letter from M. de Biemark to
the Council of the Northern Confederation
throws some light on Baden affairs:
The urana uucai Government oi niaen
desires to conclude a treaty with the North
German Confederation, by which the subjects
ot one power residing on tne territory ot
another shall be submitted to the conscription
and fulfil the military dntles of the country they
inhabit, huch a convention being desirable, iu
the Interests both of the scvcial countries and
in those of the Confederation. I, tho under
dersicned. Chancellor of the latter, have the
honor to a.-k your authorization for concluding
the treaty. jiisuAnic.
RUSSIA.
Itcatilntlou In Poland.
The Steele of Paris men'lons tbat Ku sia has
committed a fresh act of persecution iiumn.st
Poland. Three centuries back Poland ad iptod
tlie Gregorian calendar, but a ukase fro-u -St.
retcisbursr has now, without nuy previous
notice, substituted lor it the Julian one. All
the habits cl the nution are suddenly disorga
nized; all the dntes chanced at the rood pleasure
of tbe Cziir. Successive improvements had been
introduced in the division of time. Toe Imper
fections of the Kotuan method of calculating!,
admitted by John Muller, Clavlu,
aid other astronomers, wire, after
labors spiead over more than a hundred
years, corrected timler (Jreeory Alll; then came
the republican calendar, the only oue bused on
exact knowledge of the movement of tho earth
in its orbit, and whirh fixed the commencement
of the j ear, not on the 1st of Jat.uary, which Is
absurd, 'but on the prccfee day on which the sun
arrives at the real autuuin equinox, in entering
the sign of the Balance. Ot the three systems
the Russian (Jovernment has retained tho most
antiouated aud the least logical, which it nw
imposes o:i Poland.
CUBA.
She nitm of Hayamo An Inslrie
View of the Insurrectionary Uovern
ment lspilfs' ItenNont lor Biirninif
the risee-n'oincn, Children and lrl
fconer First Kent ir.
From the Diurlo dela Marina, Jan. 23.
Last evening we received a letter from Bata"
hano, containing several interesting details o(
the evacuation of Bavatno, aad also' some of the
circumstances tbat preceded the eveut. Alter
beating the insurgents at Salad j and la the
Canto del Embarcadero, and completely disper
sing them, General Valmaseda continued
advancing till he reached Bavatno, which city
he found almost reduced to ashes. Not being
able to camp there he proceeded towards the
sugar estate of Las Manga", owned by the
lusnrecnt Figueredo, and from thence sent the
communications to our chief authorities by
the Lieutenant-Governor of Mazanillo, which
have already been submitted to our read
ers. This communication was conveyed to
Manzauillo. as already stated, by Dan Pedro
Ramirez. This gentleman Is nearly related to
Don Carlos Manuel Cespedcs, aud had been with
tbe insurgents since the pronunciamento of
Yara, but not voluntarily, ai n would appear
from what he asserted before several peraous,
on giving the following informa'ion. On
Mr. Ramirez being asked by the Lieutenant
Governor the Teason of his absence from
Manzanlllo since the events of Yara, he replied
that when they occurred he happened to bo at
Bayamo on the side of the government, bat did
not take any active part and could not retreat
from the vicinity, to prove which he presented
a form of attestation on tbe part of the Lleute-naut-Gcneral
of that city aud jurisdiction,
which office was then filled by Mr. Udacta. He
ackrowledges having becu all the tiun at this
gentleman's side, whose whereabouts since the
fall of Bayamo he ignores.
Mr Ramirez mentions that Messrs. N. Gran
and Tgnaeio Casas, merchants of iiayamo, aud
also a military doctor, presented themselves to
his Excellency General Valmaseda, as the only
perrons who had not followed tbe insurgents,
and whom he had left iu the village of Datll,
likewise fired by the numerous bands dispersed
in all directions. The day previous to the last
encouuter with tho column of General Valma
seda they made all the women, childreu, and
prisoners leave the city, iucluding the
commander, Guajardo. who was wounded
in one of the first encounters, and the
family of Colonel Villares, Mr. Ramirez does
not say anything about Commander Mediavilla.
who, it will be recollected, went to relieve Mr.
Mr. Udae'a, as lieutenant of the jurisdiction
Mr. Ramirez further states that on several
persons opposing the burning of Bayamo, Don
Carlos Mauuel Cespedes replied that bo could
not waver; besides he and his own family would
be tbe principal losers, and moreover tbat
Bayamo was an old city and It would be better
to rebuild ir. At all events, if tbe rea.-ons wero
not convincing, brushwood and force were,
ana tsayamo was ourniug aurinr three days.
Here our correspoudent mentions in particular
tbat besides a tew Dominican and Mexican
leaders, the rebels beaten by General Valmaseda
were peasants from the neighborhood, accom
panied by a few colored person?. At the
moment of the attack by the expeditionary
force it Is said that Don Carlos Mauuel Cespedes
had ordered 8000 men into the district. They
were divided into several parties, and a great
number were but badly armed. Uouotless many
of these would already have submitted them
selves Shad they not been held back by the
calumnies published and rcpnated by the orgau
ol the insurgents, assuring the fact that the
peuiusulars shoot all prisoners or those that full
into their power by other means. This belief is
so dceoly inculcated with the sensitive peasants
that they have been heard to say that If they
were assured a thousaud times over they would
still preier dying under arms. Tho insurgents
of Yara and Bayamo will doubtless have corn
nienced to undeceive themselves, like those
who devastated the district of Santiago de Cuba.
LEGAL INTELLIGENCE.
The Nichols Homicide.
Court of Oyer and Terminer Judges
Allison and Pelrce. Tne trial of Martin Carroll
Ir still In progress. The defense, as conducted
by Henry V. Trry, John J. Hatradon, aud Kl
ward McCahe. Ksqrs., oiler to prove that when
tbe prisoner went to Nlcnols' loom tbe second
time, be heard the latter say, "Let him In; I uru
ready for blui with a bayonet;" and whon be
wii8 engaged in the contlict with the woman,
Bridget Heedy, tbe deceased ran towards them;
and the prisoner, la his drunken cornlitloii,
might well have supposed that an atnelc was
ai out to be made npon him, and therefore
struck tbe blow as In self-defense. Kvldeuoe of
good character was also odttreci.
7 Iih esse was bronglit to a sudden close. The
testimony being concluded, Mr. tiagert. with
out argument, 'submitted the lndlotmoot to the
Jury, asking tnenito render a verdict of guilty
of murder In the second degree, whtoh was
acq u 1 set d by the defense, and which was ao
eiTdlnvly rendered.
Comer ok -Common Pi.kas Judge Ludlow.
IteldlngerA Itascher vs. J.V. Hahnie. Anaollon
to recover on a book account lor floor sold and
delivered. Tbe defense alleged that, the aooouut
wsb Incorrect. Verdli't for plaintiff, 401 20.
Philip Boll and Joseph Berger vs. Mlohtel
Hndti, An action ou a mechanic's lien, to re
cover for plasterlcg done upon premises at
Cooper and Tlrga streets, In the Twenty-eighth
ward. The defense alleged that the work was
uol- completed, and was badly done. On trial.
Corner of Quarter Hussions Judge Brew
ster. ball oases are still before the Court.
An engineer offers to build three rati r dads
over the Alps on a guarantee of 120, 000 an
nual interest, lie estimate! the oo3t at nine
million dollars.
INQUEST.
Coroner's Coatlnned Investigation Into
tlio.Clrcnmstnneea of the Death of the
Men Found In the llalns of Caldwell's
Ntore.
This morning at 10 o'clock Coroner Daniels.
sitting In his otlioe, continued the Inqnest upoa
the burnt bodies of the men found in the rulni
of tbe Are at Nlntn and Cnesnnt streets.
James E. Caldwell affirmed Am one or the
members ot the firm of Uldwell A Co.; was out
of town at the time ot tbe occurrence, conse
quently know nothing about its origin; the
night before the lire the whole place was en
tirely clean; tbero was not a handful of dirt,
shavings, etc., in tbe basement; the basement
had been swept, and all the sweepings oollncted
in bins; the bins were open and oored, and nud
ordinary doors; the cleaning d pai tmeut of the
store was unaer the front naveineut; nooom
bnstlble material was used there; uo explosive
Rclds; know ol no explosive material in the
building; me cleaning was all none under tne
front pavement; the basement south ot the
front pavement was clean; I have not been at
all able to discover a theory satisfactorily to ac
count for the lire; there was a Utile hay su 111
cltnt for a day 's packiug In a bin In trie uase
ment; the clerks who slept In the store were
verv cnreful, and I had the most unnnunded
confidence In them; gaslights were kept burn
ing In the place alt nunl.
KJcunrd A. Iowls sworn Am oue of the firm
of Cnldwcll Co.; have no kuowlodxn t' the
origin of the lire; was In thestoi'o until 1;) o'clock
on the evening of the fir?; when licit every
thing was all right; noticed no unusual smt-11
iu the building; was In the basement twico
during the day; think our basement was un
usually clean at the time not a scrap of papsr
ou the floor; wo wero getting rid of a l our
superfluous packing inntei'tais and packing
boxes; there were ubuut two bu-hcls of sawdust
In the basement always kept wet u-od lor
sweeping purposes; all the syvceplngs were da
pnslted iu one place I llitufc under the S insuin
street pavement; don't rutucmbcr any .smell of
gns about ur building.
Henry Lapsity affirmed Reside on Hansom
street, above Ninth back of the place wuere
the tire occurred; was awakened by a whizzing
noise then an explosion; then saw tue II tines;
the fire came out ol the western door of the
store; thought at first that tbe tire was in Oi ne's
store; heard a second report similar to the first;
It sounded to me like the report of an explosion
of gaseous matter.
John Hlce sworn Built the stores acoordlng
to a contract, which was rigidly adhered to;
my Impression is that the explosion was In the
flue leading up to the second floor; by the ex
plosion an immense welicbt of matter was
thrown npon the Bret tloor. which, crushed it
through to the cellar, breaking oil' the gas-pipe
and causing the fire; nothing but an explosion
ooula have thrown out tno flue; can't sy
whether there could have been an accumula
tion of gaseous msUer in the due or generated
by the furnace suilioleut to have cause ! toe
explosion; saw the tire start In Howell's store;
have examined It since; two of the iron biams
In Caldwell's place twisted out of their places
by tbe heat, full down, and carried with them
portions of tbe wall in which their ends were
placed; through the openings thus m ule the
lire entered Howell's store; the ends of the joist
did not nbut against each other,
John MoArthur sworn Testified to the excel
lent construction of the buildings; the walls
were solid and thick; the timber used of the
best quality. (The witness furnished ooples of
the specifications of tbe three buildings to tho
ury.) I personally superintended the c in
struction of tbe stores (plans exhibited); the
buildings were originally intended to beheoted
by ordinary hot-air furnaces.
Benjamin F. Wrluht sworn Was building
Inspector at tbe time the buildings were
erected; examined them and deemed them
very substantial and very well hull'; measured
the distances the joists went into the wall: the
deepest I found was six Inches; the top part of
tbe wall between Caldwell's and Howell's
stores was 18 Inches thick; this would leave at
least six Inches of brick between the ends of
tbe joists; the flues spokea of was built in the
ordinary way: I think there must have been
some explosion iu the flue in order to throw it
out in the way It was thrown out.
Henry Home sworn Am employed in the
gas office; on the morning of the Are had mv
attention called to the gns of the stores; took
measnres to have it turned off; did tarn It off at
tbe rear; it was afterwards turned off at the
meter In front; we have a flremau who attends
to these matters; he was at this fire very soon
afier it broke out.
Hugh Hawkins sworn Am employed In the
gas works; us soon as I got the alarm went to
tbe fire to torn off the gas; reached the place
and found the store in a blaze: couldn't And tbe
stop-cocks In the pavements either at the rear
or front; looked for them, bat owlnt to the
mud, water, and rubbish couldn't And them.
K. (J. Hnyder B worn Am Atting Inspector of
tbe gas office; examined some pipe In the
buildings which were burnedr don't think
there could have been a leak Inside the oalllng
of tbe first floor; the pipes were thoroughly
proved.
A. W. Lowry sworn Am meter inspeo'or
employed in tbe Gas office; made an lnp action
of Caldwell's meter twenty-one days bolore the
Are, on December 24: it then stood at 252 500
fee t; from Nov. 23 to Dee. 21 the average con
sumption of gas per day was 3408 feet: when the
mfter was taken out after the Are it stood at
311 700 feet; from Deo 24 to Jan. 14 the consump
tion waa 09.200 feet; bad the previous month's
average been consumed, between Dec.
21 and Jaa. 14, the amount con
mimed wonld have been 09.428 fee':
800 burners are used in the building; they use
gas all day and all night.
John A. Mlskey sworn Am superintendent
of tbe distribution of the public lamps; am
employed by the Gas office; there could nave
been no esoape of gas from ;the main la the
street to the culvert, thence to Caldwell's
hnl Iritnfr.
H. B. Huston sworn Was In Caldwell's
bnllding until half-past 10 o'clock on the night
of tbe Are; was down la tne front cellar shortly
before; everything waa made right; loosed
back Into the rear oellar, and everything there
was all right; our cellar was thoroughly clean;
know of no explosive onemioais uuius useu
in the place.
Joshua Husband, Esq., appeared before the
jury and submitted tbe following theory of the
explosion and the Are.
"The explosion at Caldwell's store, Just before
the Are at Ninth aud Chesnut streets, need not
remain a mystery, as the mighty power of elec
tricity is too well known to lequlre elucidation.
I have long stuoe discovered that It has an
affinity for hydrogen, one of the gises of water,
which, when pumped into a boiler and made
into steam (oalorlfled hydrogen) esoaped by
use, leaving the electricity In the boiler, where
ns volume Increases (unless conducted off)
nntll a whlte.i lleecy-looking summer cloud
comes In range, when the attraction becomes
absolute aud an explosion ensnos unless
the tensile strength of tbe Iron Is too great to be
rent; then the boiler may be lifted mid-air,
until the electricity escapes to such oloud, when
It falls to the earth again, in obedience to the
laws of gravitation; or if the boiler Is too woll
secuied, tome &eum must open for Its escape.
What are the facts In this case ? Tbe b liter lu
said store was made of cast-Iron spheroids,
t'uving necks, which are fitted together
and held in place by wrought-lrou ro Is
extending through several of -them, aud
secured nt the ends by a head, screw, and
unt. There Is not In these spheroids oue cubic
fool Of art a, bur, a large or lo"K surface of
lrrcgulur-laced srea, where the electrical ele
ment accumulates nntll, by its force, yvhen ex
citd, it sprung-streiohed this rod (It being the
wtakest part), and escaped from oue or more
of the neck-Joints, which rod instantly oon
tractei), bringing thosejointstogether.aslt were,
by n blow struck, which, with escaping steam,
produced the explosive reports. Electri
city, ever seeking cover, entered some in
flammable material (as conductor to Its desti
nation), where, pressing the latent caloric to
tbe surface, the oxygen of the atrqulcknns It;
he nee the conflagration. Calorlo is a diffusible
element, part of oruanlc mailer, having volume
of existence. Electricity has also voluma of
existence, ever betaking to cover In Its transi
tion, her ce waterspouts, etc; henoe, also, the
late conflagration."
Inquebt adjourned nntll Monday at 10 A, M,
Messrs, William Painter & Co., bankers.
No. 80 South Third Street, report ttio fo1lolo
rates of exchange to-day at 12 o'clock:
United States (is. 1881. 112 31124; U. S. 6-20
1802, 113431134; do., 1864, 1004 ' 1001; do., 18'i
110i110(s do. July, 1806, 108108?: do. July.
18C7, 1083-cil08j ; do. 1808, 103j109J $ 19-IOs, 108
6H084. Compound Interest Notes, past due,
118-25. Gold, 130l3tij,
SECOND EDITION
LATEST BY TELEGRAPH.
The Judicial Contest at Harris-burg-Another
Prize Fight.
fliianoial and Commercial
Fit OM HARRIS B UR G.
Special Despatch to The Evening TelegrapTu
The Ttiayer-Ureenbnuk. Contest.
HARRisnrao, Jan. 29. Tho Hon. Thomas
Greenbank appeared before the Joint Commit
tee oi (he Legislature this morning, and put la
his answer to the petition of M. Itussell Taayer,
in the matter of the contested 'District Judge
ship of Philadelphia. The answer Is very
lengthy. After denying the principal allega
tions of tho contestant the respondent alleges
that a true addition of the precluct returns, as
filed Id the l'ro'honotarj's office, will show a
majority for himself of 229 votes. The following
gentlemen of the Philadelphia Bur appeared as
counsel lor Judge Greenbank:-Hon. William
A. Porter, Henry M Dechert aud George Ball,
tsqs.
A Prize Fight
Is reported to have taken place near this place
last evening. The combatants were known as
light weight, and were both from Philadelphia.
The aUair appears to have been regularly, but
hurriedly orgaulzed, wt'h a referee, time
keeper, a bottle-holder, and other appliances,
After thirteen rouuds it is said that both cou-
testants, becotniug dissatisd 'd with some of the
decisions which bad been made, ntttcked their
own referee aud bottle-holder, and ended the
affair in a grand melee. It is said that a ludy
was the original cause of the dispute.
TIIE EUROPEAN MARKETS.
By Atlantie Cable.
Th In Moruliair'N 4notntlona.
London, Jan. 29 A. M. Consols for rao-iey
93J034; for account, 34. U. 8. 6-20, 75j75.
Americau StocHs steady. Kite U.K., 264; Illi
nois Central, 924.
Liverpool, Jao. tj a. m. cotton stauy;
middling npiend", Hid.: middling Orlenu-t. Uj,'
)lljd. The tales to-day aro estimated at
12.000 bales, wale 01 tne wceu uaim; r
export. 12,000 bales; tor sppculatlon, 19,001
bales. Tbe stock in port 1 209,000 bales, of
which 77.000 bales Amer cao.
Mess Pork, 95s. Petroleum quiet.
Thin Afternoon' lut;ttlou4.
Liverpool, Jan. 29 P. M. The stock of
Cotton afloat is 301,000 bales, including 141,0)0
American.
Lard and Pork firm. Bacon, 59?. Tallow,
46s. Cd.
Havre. Jan. 29 P. M. Cotton dull bo'h on
the spot aud alloat. Sales ou tho spot at 133f. ;
afloat 1351.
London, -Tan. 29 P. M. Sperm 0.1, 94.
Tallow 47s. 3d,
London, Jan.' 29 P. M Consols, 93 for bith
money and account. U. S. 6-20s, 75A. American
Stocks easier, without change iu quotations.
Liverpool, Jau. 292 P. M. Manchester
advices are less favorable, and cause a dullness.
Wheat dull: No. 2 red Western, 9'. 1MM9. lid.
Corn, 34s. 66349. 6d. for old, and 33s. 31. for new.
Paris, Jan. 29. The Increase of bullion in the
Bank of France is 6,000,nooi.
Markets by Telegraph.
Nkw Tobk, Jau. 29 shocks dull, Chicago
and Kocx inland las Hearting, V8, Caaton t'-un-puny,
Erie, 3iii' Cleveland and TuIkcIo, 10:
Cleveland and Piutbirg, 95; fiusjnrc and JforC
Wayne, 1M.; Mtctilgau Unntral, 119V. MichUcau
Southern, So1,; New York Central, H:i'i Cumberland
preferred. asja; Missouri Cs. S7'.i; 5-ttis. IS82, u:,Ja'j do.
18t4, loo.'.: do. into. l'i,'3: new no.. msV lu-tim. 108
unld, lae. Mowt, 7 per cent. Kxubane. liis-;.
Baltimdhb, Jan. 2. Cotton qtlec out stssdy; tnlU
dllng uplands, 28.'yo. Flour nncuai.ged and lu gjol
demand. Wheal firm: sa'etot p-line to choice ret at
t2-26W2'30 Corn Arm: prime wulle. So0Mtl'V. yellow,
s.ya;H7o. Oils firm t7c. Bye liriu c t way tiJ
Park firm at 130. Bacon active; rib sides, 7.'vn. :
clear aides isJiOlK'o.: Rboulderi, l'tVakH1 i: hams,
20c. Lard firm at 2oi.ig.21o.
BANKRUPTCY.
How Siunr tncsH" will Clrcnmvcut n
Ntisky lettor.
A decision in bankruptcy, luvolviog a very
important point, has just been made byJudg-;
Kreektl, of the United States District Court of
Missouri. It appears tint A.Johnson & 0).,
of St. Louis, obtatued a judgment against
W. W. Kerr, also a merchant, of Jefferson
City, on the 8.h of August, 18G8. Ottur
large claims were held agaiust him in
St. Louis, upon which suit was threatened.
In his embarrassment Kerr weut ti St.
Louis and called a meeting of his creditors,
including A. Johnson & Co. All attended, aud
beard Irom him a statement ol his ntfairs finan
cially. A. Johnson ft Co. stated th-; conditio j
of their claim; tbat it hal matured into Judg
ment; and, retiring, to:k no further part la the
credirors' meeting, but at once, by telesr iph to
tlieir attorneys, caused execution to Issue an 1
levy to be nrnde, whicli was done on the 20th of
Anpust, 18C8. On the same day tha creditors
ot Kerr participate t; in the meeting ordered
him to go into baukrup.cv. This he did, tiling
his petition August 2R, 1808 Ou the
28th of A'igust, 1M18, he whs adiulgel
and declared a bankrupt. The levy was made
on the goods in tlie store, and the day atter. by
advice of couusel, it was closed by Mr. Kerr.
Johnson & Co. were first made acquainted with
the lact that they ha l obuiued judgment by
Mr. Kerr himself on the I81I1 of August; but
they had, however, giveu Instructions to their
agents at Jefferson City In due time. Action
was brought by Chailes K. Jolinsjii, assignee
of Kerr, petitioning the Court to declare the
levy void and of no effect, and also for a.i order
directing the Sheriff of C de coanty, O. II.
Dulle. who had male tUo levy,
to deliver the goods levied unm to the
ass'grec. It was alleged lu the petition that
Jobiif-011 & Co., at the time of ordering the
execution, knew that Kerr was insolvent and
was about to go into bankruptcy, and ttiat
levy and seizure were made to Inuderand delay
creditors, to pivcfJohnsou & Co. a preference,
and to ptevent an equal distribution of assets
under the Bankrupt law. The Jude hel l tiiat
there was notliine in the case to justify the
conclusion that Johnson fc Co. had any such
intention or desicru; tbat what they did was
done in the legitimate pursuit of the collection
of an honest debt, anl thai the aivautise
obtained by tbeir diligence they must be
permitted to enjoy.
FINANCE AND COMMERCE.
Omom or ihs 1venin Tbl9baph,
Friday, Jan. 2 IStiV.
There is no material chan ee to record in the
Money market. Uail loan9 rule at 6(fi7 per cnt.
rirst class mercantile paper ranges Irom 7& 9
per cent, per annum.
The Stock market was Inactive this morning,
but prices were steady. Government iecurities
were firmly held. City loaus were uucbaaged;
tbe new issue sold at 1004.
Kailroad shares were the most active on the
list, lieading sold at 4949i, a slight advance
on the closing prloe of last eveninn: Penusyl
Tallin Kailroad at 67, no change; Little Schayl-
kill at 43J, no ehunge; Norrlstown at M ma
charge; and Philadelphia and &t e at 261 .2
change. '
City Passenger Kail way' shares were in fair
demand. Thirteenth and Fifteenth sold at 18
no change; lies ton ville at 11, no change: and
Green and Coates at 39, no chance. 4fli waa
bid for Second and Third; 441 for Chesnut and
Walnut j and 28 tor Girsrd College.
Bank shares were in demand for investment.
Philadelphia sold at 158, an advauce of A, and
Girard at 69, on advance of 1. 67 was bid for
Commercial; 81 J for fliechanlos'; 67 for Pcnn
Township; 73$ for City ; 43 for Consolidation, and
123 for Central National.
In Canal shares there was nothing doing.
104 was bid for Schuykllll Navigation common;
204 lor preferred do.; 31 for Lehigh Navigation;
29 lor Moiris Canal; 9 for Morris Canal pre
ferred; and 12 for 8us juehanna Canal.
PiilLADKUMllA STOCK KICIIANGK SAIKB TO-DAf
Reported by e Haven a aro., o a, intra street
VI KMT Riiun
isoe City s. run ti loo. njsurblla nk..ls.5iB8
ni ao iN'tw.iuuv
t fd O dci.New.S(tl('4;
:i(0 do-New-lH.UUV
(.Hoi) dn feivittiv
aiiti.n (tit Nan ll-ni'l
70 sn 1,11 hch H. ........ Vit
ssbIi ivorriNi n ou
100 ah Plill A K 2V
S sti Olrnrd Ilk. ....... 6'.
Sail IHiufcloth 18
12 ah llenionvllle II
VI ah Write Coutea 89
2'0sh Beading Is.
ICO do...........'(9 Mt
26 do ...! 49
100 do. 49 1 IS
l"(1 do. id. -19 1-18
r0C do ...ls-49
71 do si. 49
& Co. Quote tiovern-
(IIKK) do Newi(iOs,
liooo rtiil v Hun 7s.... S fi
Mxm N P It 7s ..... S8
(0 ab Fenna ,Swn. 67
ji 0 do...i(;uwn. 1 7
lio d aw., s"
do 67
tO 1I..I6WU. fT
14 do (7
Messrs. Jay Ccoke
ment
181,
6-20s,
110 :
seciiriiies. etc.. as follows: U. 8. 6s of
112JCs112j(; 6-20s or 18G2, 1138rll3jS ;
1H64, 10ll.',fJ109S; 6 20s, Nov., l6ft,llOS(a
July, 1805, 10s4(c4108; do.. 18C7, 1082ft&
1084:
do. 1H08. 109 1091; 10-408, 10S4(ftl084.
Union Pacific bOLds, 101jj101j. Gold, 13SJ.
Ibe Now York Money market.
From the limes.
"Tne Foreign Exchanges are steady at 109J6
per cent, lor 60 day bills on London, net oasn.
and lh'34 for short sight bills and for cable
transfers the latter having the preference, on
account ot the saving in tne lime and In tbe
Government stamp-i.
"Money to tlie brokers worked easier than
yesterday, and most of tne transactions of tbe
day were al 6 per cent,, aud some of mem on IS
;t0 days' time. We rem' k, however, a good
mqnliy front tne brokers In tbe Hallway mar
ket at 6 to 7 per cent. The Bull account at tbe
Htoik Kxcbaugt) is largely in tbe asoeudnnt,
and there is less facility afforded tban usual to
lend oat stocks o the use of the opposlta party,
in place of borrowing money upon them.
"Xbe Public Fuuds of tne United States show
mncU dullness, and the Horn hern Hi.ate Honda
decided dullness al lower figures, while, on tbe
oilier bend, the Itatiway speculation gains
additional strength day by day, aud seve
rul of the Weeitrn toads are higher man for
several weeks past. Tne New York roads fell
ofl'2(o.2J percent, ou Harlem; 1 percent, ou Hud
son River, and ly,st per cent, oh New York Cen
tral, Erie being woolly neglected, aud tbe great
bulk of tbe common siock, including the gigan
tic fraudulent over-Issues of March, October,"
and November, 18(18. being left In the hands of
the Uould Kislt combination. It is rumored
that they will defy thu new rule of the Stock
Kxcbauge, which. toes Into efTeclou Monday
next, requiring thn registration of all s looks
dealt in at the EicliHnge with some responsible
nust company or b inking institution in this
city, and n further notice of at least thirty days
of any purpose (ind the ohject thereof) to in
crease the eapltal, either by new issues of
shares or of convertihlo bonds. What the
Boards of tbe Btoek Exchange will do in the
premises with the File stock is not yet known
or surmised on tha street, tint tho prevailing
hope Is that they will stand firm to their new
rule."
Prom the Tribune.
"Money works steadily at 7 per cent, on mis
cellaneous collaterals and 6 per cent, on Gov
ernments. The activity at the Stock Kxchauge
censes an aotlve demand, but there la a full
supply at legal rales for all borrowers In good
credit. Commercial paper is unchanged at 7
9 per cent, for prime names.
"There is a continued demand from German
bankers for Northwestern preferred for ship
ment, and still further heavy purchases are
reported. Tbe entire country througn which
this road and Its connections run is peopled,
to a great extent, with emigrants from Ger
many, and there is no nation so well In
lormed as to the wealth and resource 4 of the
West as tbe German people. Tne fact that
they have become heavy purchasers of oar
railway property shows tbat they have great
confidence in their future value, and opens a
new outlet forour railway property, of which,
this Is bnt the beginning. Tbe English people
made large fortunes out of their investments
In Illinois Central, and there Is no good
reason why tbe Germans should not reap
equally large sums In Northwestern shares.
The completion of the Pacific Hoad will give
the road largely increased business, and the
rapidity with which the territory through
which it Is built Is being peopled bids fair, in m
few ytars, to make it oue of tbe most valuable
of tbe Western roads. Its t raffle la live years
shows an increa'e of (4180 per mile, and so far
this year tbe rond has gained havlly in Its
tonnage over 1K08 Tbe road has no floating
debt whatever, and baa reduced its bonded debt
dnrlng the past year 8550.000."
Philadelphia Trade Report.
Friday, Jan. 29 The Flour market presents
no feature worthy of special note, and only a
few hundred barrels were disposed of in lots
for tbe snpply of the home consumers at t5
6 25 for supeinne, $G6-2) for extras, f77-50 for
sptlng wheat extra family, $850(31050 for
Pennsylvania and Ohio do. do., and llH for
fancy brands, according to quality. Rye Flour
sells at (77 60 per barrel. .Nothing doing In
Corn Meal.
The Wheat market Is devoid of animation,
and prices are weak at the recent decline.
Bales of red at. $1 50(01 90, amber at SI 9')(g'4, and
white al 822'&. Rye is steady at $10031(12
bushel for Western aud Pennsylvania (Jorals
quiet; sales of 2000 bushels new.yello w at8S90o.,
and white at 8285e. Oais are without improve
ment; sales ol 3000 bushels Western at 72(710.
Nothing doing In Barley or M lt.
Bark is nrmal 115 per ton for No. 1Q, lercltron.
Heeds Cloversetd is in good demand, with
Bales of ftr to prime at JS-7jp 25 Ti toothy Is
held at K3 75 and Flaxseed at $2 W2-(I5.
LATEST SUirriXG INTELLltl ENCEa
For additional AtM'ine Newt tee I wide Puytt
BY TBLHSORAPH.
NkwYobx. Jan. 2i. Arrived, ateauisblp A intra
laaiau, from Liverpool.
PORT Off FHILAOttliPlHA JANUARY 89.
statc or TucaMotiKTiea at ma jcvau vs tilk-
ouapu ovrjem,
T A. M..... 4iill A. M 4tll P. M M
OLKAIIKD TH1J MOKSTINU.
Steamship 1'ruineluuua Uray, Cuailoaou, E. A. loa
der A Co.
Uarque 8rah A. Staples. Bt'iplea, Sagua la Grands,
" ura man A Co.
Kt'r Id IU vine Keoear, Utllvllle, Wbltall, Tatatn A 'Jo.
ARRIVKU ThTs JtOSWra.
Pchr Julia K. Uaaiag", hurvvv. 4 lava ttnra Near
York. llll null ID l.'mvin ti. Crownl fc U-'i.
tste.'iuier K'oiiur-l wciiug. Cuuditl. 13 uour Iroua
liaUimore, with indstt. 10 A. Urovea, Jr.
ASHtTr.K.
Barque E B Haatroiu LI turnout, betorerepnr'ea
brtlow, weutou IIih 'iua'a oiinsliH 8n Davm Pilot,
uhout 10 u.llra below Hou.luy Honk, aval' al. oil
Ttuaday last; ah waa hove oil aoon uner into in iel
ol wateil next uioriung lu Marilug lit coiun uu uonr
tew, Wfnt no tin- aaum oboal agato, aud re'uama tiiia
morning: she makwino watur, ami ir th ""''"'!'
continues iavnrwil, on a will b t t off wlinou
damage, after dlnctiurgluK nan of tier cargo.
DlriXsTEH.
echr Problem, CooH. linuoe wtvb HI tons ol oal.
struck a rook while golne luio tbe wharf at UeorKe
towu. I C. en uls-ht ot anb mat aud uunk s on after
near tbe foot of O weut, liavlug bad a Uule atove la
her bottom.
MEMORANDA.
Ship Blle of tbe hHa. Swi-ac, hence. M tl, tor
Plcblllaaoe, Iwer'liorula. bad not arrived out
ou tbeUh luat, aod foaru wars autertalned at 1 Pat
tor her salely, aa aba bad beeu out upwards of 24u
"liarque Ocean, from llverpool for Philadelphia,
waaapoken sib lunt.. off Ballyooitou.
JUaique Kosinoa, Kilofseu. lor Pklladelphl 4, sailed
row f'lUKhlnir Moada 7ib Intt,
Bobr Craoent Lodge. Haicb, for Pa!l4e'pb!a,
ciaaiad at Mw York yesterday.