THE DAILY EVENING TELEGRAPH PHILADELPHIA, TUESDAY, FEBRUARY 1C, 18C9. riggHYLTAMA RAILROAD COMPANY. Annnnl Merlins; or fhi Nlorkhnlflers anoHeportof the Board of IM rector. vT15 fcnol meeting of the stockholders of . .?ennHy,vftn,a Kallroad Company was held at 10 o'olook tbis morning at Concert Hall. Mayor Daniel M. Vox preidevl, and Mr. Wll 11am J. Howard waa selected an Secretary. The annual report of the President nod KuArd of lMreotora wan the first business la order. The report read as follows: OWIGK I'Eff NSYLVANf A RAILROAD PO.,l 1'HILADBI.l'HIA, Fell. 10. 1KII9. To (he Shareholder of the Pennsylvania Railroad Omipanj : The Directors have the gratification to report to you the results of another year of prosperous business upoa your railway, the details of which are siiofru In the following statements. BAKNINOH. From rasaenaers $(,531,BXt(H " Kinhcraut Passou cars....... 7S 2M 2 Malls..... MUSI -2i ' Kxpres Matters... I'll Ml 21 " Uenersl 1- relut...l2,KN2,l'K 30 V Miscellaneous- 8I3..C1 Hi 117.21!, 197-31 exprssks. For conducting trans- portal Ion 83 fiW.ZlMfl For motive power 8,3rtl.fi(U-42 Formalntenunoe of earn 1.412,7:15 in Formaintenanceof road S.WH WHAii For general expenses... 178, 1) 9i 3ll.S I0.9SJ 89 Leaving net earnings for tho year jcub 15,872.613 43 The total amount of revenues oompttrea wnu last ytar is: 1KIW 8I7.21S.497-81 1807 1(1.8 10. mm Increase.......... The chaDp.es In shown below: I8IM.8UIH5 the sources of revenue Decrease In emigrant passengers.... Increase lu express matter Decrease In miscella neous.. Increase In regular freights......... Increase In first class passengers. Inorease In United k States mails.... 113,403 DT 38,013 Kl 124.707 22 91,010,6 CJ $J)ii,7."J58 35.155 3:1 15.010 57 91,100,070 51 Increase as before stated f 893,3 10-95 Tbe cross revenues for ISti.H are equti to 948,138 26 per mile of the main line of railroad. The wbole number of passengers carried In 1B67 was 8,847,408, and In 1808 3,717.178; an In crease in the number carried of 3911,712. The average dlstanoe travelled by each passenger was 8o 64 100 miles, being 'i 27 100 miles less than In 1807, showing this inorease to be upon tiie local traffic of tbe line. The nomhr of tons of freight moved (In cluding 21)4,131 tons of fuel and oilier materials transported for tbe Company) was 4,722,015, em bracing 2,005. 019 tons :of coal. Tlie whole ton nage of your railway exceeds that of last year 721,477 tons, of which Increase 384,320 tons was bituminous eoal. Tbe average charge upon freights during the year was 1 906-1000 cents per net ton per mile and per passenger, 2 71-100 cents. Tne cost of transportation was 68 8-10 per cent, of the re ceipts. Tbe earnings of the Philadelphia and Erie Railroad In ltH8 are: From passengers 9tf3l.437-59 " freight M 2,101.0131)8 express matter . 80,964 33 malls .. 21.518-04 miscellaneous sonroes 18,726 42 Total (nearly equal to 110,000 per . mile of road) ... 92,804 250-38 The operating expenses during the same period were For conducting trans portation............ 9610,774 32 " maintenance of way....... 6QO.284-40 " motive power 677.028 41 M malntenanoeotcars 178,913-85 92.067,001 06 TO which add 80 per cent. of earnings payable to tbe Philadelphia ana Erie Kail road Co 9820,423-95 Snowing a loss to this Company in operating tbe line under the lease, of. Or 9271.17778 less than in 1867. To the loss above stated there 2M.m oi 93,174 63 shouU be added, to give a fair exhibit of tbe workings of tbe lease oi mis line, tne interest upon the capital required to operate railway, the cost of tbe rolling stock and shop machinery, all of which Is furnished by .this company, amount Ing. at six per cent., to 9210,000 per aurum. Tbe Inorease in the business of the line is almost wholly from the development of the freight traffic of the company. The decrease In tbe relative expanses arises mainly from the diminished outlays on account of the original incomplete and defective construction of the road. Tbe revenues of the lines operated by this company and tne amounts paid for their work, lag expenses, Interest and dividends, are as follows: . . From the Pennsylvania Railroad and Branohes .... 91733,497-31 From tbe Philadelphia and Erie Railroad .. 2.801,250-36 Amount 930,0J7 ,747-67 And tbe expenses of operating these lines were: Pennsylvania Kat!road.SU,8G0,983 88 Philadelphia and Erie Railroad 2,067,001 06 Thirty per ct. reserved to pay interest on debts of tbe Philadel phia and Erie Rail road Company 820,423 95 914,748,408-'J9 Leaving tbe net profits from both railways for 1868 93,289,338 78 From wblobdeduotdlvl- denda declared in May and November, in all 13 per cent., with tbe taxes thereon 93,242,28 l 'J Balance of deficit of Interest ac- COUDt.MMMI-.MtMM IH M 701,610-81 line on tbe leaso or the Harrisburg and Lancaster Railroad......,..... 136,274 18 Annnal payment to tbe State of Pennsylvania on account of Interest and principal due upon tbe purchase of the burg and Philadelphia 9460 0UO0O H.5;y,107 01 Leaving balance 9750.171 77 Tbe average dividends of tne company since JfcoO have been luiiy equal to mat paia in 18. All of the branch and leased lines operated fey this company, except tbe Philadelphia and trie and tbe East Jirundywlne and Waynes ijurg Railways (where the aggreuate loss was 188.106-84). have shown balances in their favor ever operating expenses, equal in the aggregate to tbe interest upon tbe amounts standing npon the books against them. Tbe earnings of the railways in which the Pennsylvania Railroad Company is the bolder of a maiorlty of their shares, tout operated under their own boards of directors, were for the past year as stated below, Z Cumberland Valley Railroad 9577,061-72 .Northern Central Railroad and its leas d lines. 4,151,30191 PtttHhtirsr. Cincinnati, and St. Louis Railroad 2,327.4543 97.055,872 06 Tbe Cumberland Valley Hallroftd extends from Harrlsbnrg to liagerstown, Maryland, a distance or seventy-ioui' nines, ii jg a very Important feeder to yonr mainline, and tra verses throughout Its length a wide and densely popmaieu vauey.ricn in agricultural resources ana bounded on either side by mountain ranges containing some of the most valuable mines of irou ore in tbe S'ate.ot inexhaustible uuse mines are now oeing developed, ana wnen reached by tbe branch railroad in conrse oi construction, the transportation of these orf s will add largely to tbe net revenues The Interest of yonr company in this railway IB nIU Uy I". .Ill HI UK IUlKl nrwl mn.M. ..I 418 shares of tbe common and 2801 snares of the preferred ator-k. upon both of which, amount ing at par to IU14.100, It pays rexnlur dividends vi eigun io wm. ior annum, leaving surplus wuiou is oeing appropriated in aid oi tne construction or the branch line mentioned to the largest of thee iron ore deposits, and towards tbe extension ot its own line to the Potomac, at or near WilUamsport, Maryland. The Northern C entral us nroaa exteuus irom .Baltimore to UQbrtiy, rouasyivania, a uxstnuce oi l ju miles, nd throngh Iprsch ot and contracts with other railway companies, it is praoiloaliy extended to llntliilo. New York. Its oontrol by this com pany was the result of an unsuccessful effort npon tbe part of the Baltimore and Ohio RalU road Company to shut up this avenne as a com petltor with its own railway for transportation between Baltimore and the West Instead of a burden to the Pennsylvania Railroad Company, as apprehended at the time a purchase of a majority of Its shares was made by I be Kinking Kuud, It has proved a very pro. Stable Investment. After piaolng this work in f ood condition, and increasing Its equipment, t bas been able to pay regular quarterly divi dends to its shareholders at the rate of eight per cen. per annum after leaving a reasonable surplus of net proiltt. The numnerof shares of this company held by the Hlnklng Fund is 4UJ.HU, equal at tnelr par v-ilm to IJ.18 i.M). The ordinary trafllo of this line has lnoratsed with tbe population of the wealthy and enter prising section of country it aocoramoditles, while Its coal transportation, wbloh Is still in Its infancy, has become a very Important soui oe of revenue. It has connections lurongh a leiise of thoHhamoklu Valley and Potlsville ItHliwny, tlie control of tbe Lyaeus Valley Ritllwny, and a connection wild the Phlia delphla and Erle.Laokawannaand Bioamsburg and other railways, with all of the coal fielts of Pennsylvania, which will cov.linue to five It a constantly lucre-islug tonnage. Tua 'lltfbnrg, Cincinnati, and Ht Lnuia Railway has been described in previous reports. It extftuls from Houlh Pittsburg to Columbus, Olilo, a distance of 193 miles. The lulorest bt-ld by this company in their stocks and bonds stands upon lis books at 95.033,4.')0 09. It la an indl.spensnbleconiionttou for tbe Pennsyl vania Hallway with the West and .Southwest, and must eventually pay reasonable dividends to lis shareholders. lis trafllo for the second year of its nse as a continuous railway between Us termini la equal to 912.000 per mile ot roud. In the Connecting Railway, which extends fioin West Philadelphia to Krankford a dis tance of feven miles and operated under a lease by tbe Philadelphia and Trenton and Camden and Am boy Railroad Companies, at an annnal rental equal to six per cent , clear of all taxes, upon Its wbole cost, the Pennsylvania Railroad Company bolds 2'hil shares of tho capital stoox, amounting to 91,277,350. This road was constructed with means fur nished by your company for the purpose of do creasing tbe beavy com of passing lis New York and Ea.-itern trade through this city, aud in the expectation of returning to the Philadelphia Division of Us road much of tbe trade aud travel which tbe delays and obstructions re ferred to bad driven to .other channels. The result, as shown in the eighteen months since tbe road was opened for trafllo, bas been such as we anticipated, while, in addition thereto, we will receive during tbe term of tbe lease legal Interest upon the expenditure Incurred. Tbe car als east of the Allegheny Mountains, purchased by this company of the Htate of Pennsylvania, 173 miles in length, have, as stated in cur last annnal report, been sold to tbe Pennsylvania Canal Company, of whloh General Isxao J. Wlslar Is President. That company has since purchased with its first mortgage bonds a majority of i he shares of the West Branch Canal Company, extending from the Juniata river np the Hnsquenanna and its West Branch to Farrands vine, above Lock liavfn 123 miles and bas consolidated its shares with those of tbe Wyming Valley Canal Company, whloh ocou. J ilea the North Branch of the Susquehanna, rora Northumberland to Wllkesbarre, a dis tance of 64 miles, making in all 360 miles of canal. This arrangement brings the Susque hanna system of State canals below the coal measures dismembered by their sale to three companies under one oontrol, without whion they could not successfully compete with the railways traversing the valleys of the same watercourses. Tue whole of tbe revenues of these carta s must for a lew years be appropriated to their Improvement and protection irom freshets that have hereto fore periodically destroyed their usefulness for mouths at a time, to the great Injury of their revenues and tbe business of those who use tbem for the transportation of the produotsof the country to market. When iheje objects a re secured, tLe Investment of this company in the Pennsylvania Canal Comnmy will doubtless become profitable, and highly advantageous to tbe community for whose aocommodatlou tbey were originally built by tbe Common wealtb. Tne assets of this company, exclusive of Its own roads, invested for the protection and en largement of its traffic, are now, at a reasonable valuation, more than surUclent to moat the wbole Indebtedness of thd company, exceut tbe five per cent, bonds held by the State of Penn sylvania, wbloh are being paid by a contribu tion from tbe net revenue of the company In semi-annual payments of 23'),O0Oeach. Dutrlng the paBt year these contributions, after the pay ment of Interest, left 9H2,9i6'50 to be appro priated to tbe reduction of the principal, which amount will annuully increase as the debt upon Whicn interest is payaoie is reauceu. In the month of October last an attempt was made by tbe Erie and New Y ork Central Rail road Companies to break up the through trafllo arrangements of this company by making lai ge reductions upon tneir rreigut cuarges. mis movement was prompuy met uy tne l ennsyi vania Railroad Company by still greater reduc tions from time to time, which resulted lu a large Increase of its tonnage. These low charges were continued until a restoration of former rates was desired by tnose companies, after Incurring a beavy loss In their revenues, wane the enort mcreasea tne prestiga oi mis com pany by bringing Its snorter lines and belter faculties more prominently iuui puuuu notice. After the failure of this attempt the managers of tbe Erie Company, by means of large sums of money suddenly realized from a confiding public in a manner at least nuwortny oi imua tlon,dlsregardlng theoomlty which should exist, in relations between individuals or officers of corporations, and against popular sentiment and public rlgbia.endeavored to arrest a healthy competition tor the traffic between tbe East and West through tne control oi our connecting lines, and by this means divert business from Its natural channels to tneir circuitous route to the seaboard. Tbe policy of your Board bas heretofore been to limit Us Investments outside of Pennsylvania to tbose companies that they originally deemed It proper to assist for the purpose oi securing connections witn tne tnen existing lines whose interests harmonized with its own. Tbe restless spirit of our rivals in the East and West bas, however, rendered it necessary to make our connections with tbe chief trade-centres of the West more per fact, and less liable in tne luture to mo lestation and Interruption. This bas been done to a great extent through a recent lease to the Pittsburg, Cincinnati ana ST. Liouis Railway Company (known as the Pan Handle route), guaranteed by tbla company, of the lines ot the Columbus, Chicago and Indiana Central Railway Company, which bas direct connections wltb Indianapolis, St. Louis, Louis ville, ana cnic-age. These arrangements will require a consider able amouot of money, to be applied especially to tne increase oi roiling stocic, to renuer tnem productive, xms it is propose! to raise bv flving to tbe stockholders of the Pennsylvania, lailroad Company registered upon the books of tne company ou tne tnirtietn day of April next, the privilege of subscribing to twenty five (25) pur cent, of their holdings at that time In new chares at par. With the proposed increase or capital the Board entertain no dilli -ulty In continuing dividends of ten per cuut. per. annum, even if these arrangements should uot, as anticipated, Increase our not profits to a 'i-tntor extent than the interest nnon the outlays to be incurred. Itwiilappoar from au examination of the statements already given, that tbe business of tbe past year would have justified dividends of five per cent, seiul-anmmily upon our wnole autbori.ed capital of fCjuOO.OOO, and still loavo a surplus of a ban' of i million of dollars. The proposed increa-ui w ill make the capital stock about 933,000,0i'0. The rapid progress made by tbe Uulou and Central Pacific Kallromls indicates thu comple tion of a railway line across the continent dur ing the ensuing summer. When it shall have been opened t lironghont, your own roud and Its Immediate Western connections present the shortest line to and from the Atlantic seaboard, either by way of Chicago, sr. IajuU, or by an intermediate route from Warsaw westward connecting with the Union Pacific road near Fort Kearney; and assure us tbul we will be enabled to seenre a fair and reasonable share of tne large trafllo that wilt be carried between the Atlantic and Pacific Sates. By some over sight, local considerations, or a limited con ception of the important part that railways were to play in tbe movement of the iuterual commerce of tbe country, Pennsylvania aud Ohio have each been placed between two different railway gauges which for a long time forced transshipments of freights, Tbe Pennsyl vania Railroad Company Las both ou its eastern and western oonneotlons a gauge of four feet ten Inches, and Ohio, on each sloe of ber, a guage of four leet eight and a half inches, tbe latter being tbe prevailing guage north or tbe Ohio and James rivers, while south of these tbe guage ot five feet prevails, which should have been adopted orlglua.ll as tuo on I form guana of tbe United Rtates. To obviate tbe InooHvenienoe, tbe Increased cost of trans portai Ion, and tbe additional oapltal required to move trafllo. In conseotionoe of the frequent transshipments, from a dlOVrenoe of gnat of oniy one ana a nair mooes, Droau irenu wueuis were Introduced for through trafllo, wbloh, to a large extent, has overoome these evils. O lug, however, to tbe great oscillation of the earaou tbe wider gnage tbe Ohio, lines Insisted npon a play upon the narrow gantte that baa added materially to tbe cost of hauling upon the four foet, elgbt and half Indies gauge, to remedy whloh t je guage of yonr roau has dpo chanced to lour itet uine Inches, and the Ohio roaus have been, or are being, changed lo four foet nine aud a half inches, leaving but a difference of a naif men. wbloh It Is presumed that time will re Juoo to tne unllorm KBtine or four feet nine incnei. Your directors, In their last annual report, alluded to a verv important movement con templated by tbe Philadelphia and Erie Rail road Company, by which It was proposed to pmiu a ranroaa leaving mm line at the m iuui of Bennett's Branch of tneSusquehannn; thence op that stream to the summit, and down the waters of the Allegheny to that river at the confluence of the MjtionloR, sua incnoe to riUHOunr. j his line is destined chkfly for the transportation of trelgnt at a slow ped, wltb a view to so cheapen its cost as to compete wltb the water lines loading to New York. Upon no purl ion of this route Is tbre a gradient against the heavy traffic to the KhsI exceeding ten feet per mile, or sixteen feet against the westward bound trade, exoept for about four miles at the summit, where a gradient of forty-eight feet in favor of the he vy transportation is nsed, and for about tour miles near tbe mouth of the Mahoning, where fl.ty five feet per mile mav be adopted. Until the trallio justifies the application of assistant power at tnese points, the mu iohu.s upon the 16 feet gradient will be passed over mem ova amnion or tne train. Tne excep tional gradient of 65 feet per mile near the mouth of the Mahoning may be avoided by continuing upon the side hilt, afterstiiklng this cretK,aui intersecting tne Allegheny valley Kailroad lower down: but the work will be ex pensive, and may bo left to a period when tbe traffic will Justify the outlay. It is not proposed to extend the Philadelphia, ana urie i.ine neyonu urookvine in this direc tion, as It will be there mot by the Western Pennsylvania or Allegheny Valley Railroad, tbe charters of both of which companies cover tbe ground. From Brookvllle the Philadel phia and Erie will eventually beoarriod wes wardly, south of the Lakes, connecting there- with Dy nrancn roans. Tbe grading of this railway for about twenty miles Is now under contract, and all of Its ex pensive sections will be let as soon as the line Is carefully located. The satisfactory results obtained from tbe business of your railways during tbe nasi yean is largely due to tne .1 deli cious management of E. 11. Williams, Esq., Oeneral Superintendent, wbo has been ably seconded by bis assistants, John A. Wilson, Esq., Cblcf Engineer of Maintenance of Way, and A. J. Cassatt, Eq., Superintendent of Motive Power and Macblnery, the heavy trafllo of the lints under their charge having been moved without serlons accident anol at a material saving in cost compared with the pre vlousyear, considering the Increase of tonnage transported. Ihe management of the Philadelphia and i-.rie uatironu. uuner its uenerai superinten dent, A. L. Tyler. Esq., and his assistant. W. A. Baiuwin. fc.su., also reueois much credit upon them from the reduction of expenses realised lu the movement of lis tramc per ton. Respectfully submitted. By order of the Board. J. Eihjak Thomson, President, Mr. Derbyshire moved that the report of the Koaru oi .Directors oe accepted, ana ue pub lished in pamphlet form for tho use of the stockholders, and that tbe recommendations incorporated in the Ksport be adopted. Mr. A. L. Snowden oflered the following resolution: Whrroti, Tbe report of tbe operations ot the yar lust ended, as urrseuted tbis day. Is of sach a frailty- In if ct aracter, eihlbitl.se as It doss ths continued and advancing ponpi-riiy of tho company: ibernlors M:wlvrl, That the atfc holders uulte In extending their thanks which are eminently due, to Mr. Joan Kdcar Tnnnisou. Trenideui, aoi to Tnuinas Scotland Herman J. Lomhsrt. Vice-President-; to the Board of Directors, Troainrer, mod Secretary, and to tbe anveral he.Un ot depi tmenin. aud to ihoir subordinates, for tue fulthl 11 and eOioleot manner in wlilcb the have discharged their rrapactive dmlow. resnltlnc In the promotion of tbe heat Interests of the city or mMadeiphl, ana to me creaier peoaniary ad vantage or tnesiocitnoiuers or tins company. In support of bis lesolution, Mr. Snowden Enid: "Ibave rottghtthis opportunity, Mr. Chalr tnan. of Dresenilnz these resolutions, so that I misht be able to sav a lew words expressive of my blgb appreciation of tbe management of tne company. Home lew years biuu x uwuau some of the stock of the company, but under t.hn continued assaults of various parties upon tbe Integrity and wisdom of its management. l ciisnoseu or it ratner man no iutu tnveailtrntion as to the truth of the charges. Lust summer an opportunity presented itself. in company with one oi tne nrst raiiroan men of tbe United States (Colonel Thoma9 A. Scott). of nassinaover the line or tne company a roau In Pennsylvania and other connections In the West, lo Chicago on the North and St. L'jiiis on tbe South, and when I came to estimate tbe ereat work that this management had ac complished in securing the great trade now passing over their lines, and which most be almost indefinitely increased In the future. I felt tbal tbe few cold words of praise were not sufficient to express tne eratltnde that we as Peunsylva mans, and especially aa Phlladelphlans, should feel towards tbe men who, by a wise and larreacblne nollcv. bad accomplished these treat results. Not onlv. however, have this management prepared for the future t-rafflo of tne great west, nut tney nave, oy a .luun-ious course, extended lateral roads through various sections of tbe Commonwealth: and wherever the band of the Pennsylvania Railroad bas rested, there has prosperity bloomed a nd; blos somed as tbe rose. Therefore, to-day I felt It a crivllene as well as a duty to rise up Herein this meeting of stockholders and express tbe sincere sense of gratltnde I feel, as a citizen of this State, towards tne managers, ana priae in the work that this road accomplished, which bas done more to deveiap tbe true Interests of tbe State and city tban almost all other agencies combined." A motion to adjourn was then made and passed. FINANCE AND COMMERCE. Office or thk Evb.vino Tklkra.pu-, Tuesday, Feb. lt. lstj'J. The Money maiket continues easy. Call loans ruie at 67 per cent.; Crst-ciaes commercial paper ranges from 89 per cent, per annum. There was more disposition to operate in Stoctta this mornine, but prices were unsettled ami lower. Government secun-.ies were a fraction lower. FH11ADKLPI1U STOCK BICHASuK SUM TO-DA1 Reported by Raven & Bro No, 40 a. Tnlrd street FIRHT boa r n. $100 Pa M,l aeries HH;,i stwun Read BJS..M0.. 4fl). bill) do. la. )0 d', alO. 4ii. 100 do C. 4li 't 100 do.. ..rgilu. 44!, Iini do m c. i'i'i lcil do - KM). 4d ! j UK) do b4l 4li III dO ..4 iS loo do i)t0 100 do....titiOu 4'i 0l do Is. 4li'i inn do. biu. 4ii ;. loO do H't'i 2 0 do Is. 21.. 4ti 100 do b.0. 4i!a K0 do........ 4ti'.. li 0 do. .2d.. 4ti Itit) do. ...... .blO. 4llia loo do nil'- Mii lliO do hfl1. 411 'i Km do bo. 4Ht lllll do 4t 44 ,oo do.. 4a 4i tlO-iOO & A til ha. 'bJ ... nn i I too W Jersey 6s tr,'i fltooLeb aii.guld L s. ito;, iinoti do c. W, ioHh Mechllk ai.l4 75 in fennalt Is- 57 ', 100 do- id. 67Jj I UO....OWD i)7J, 80 do ....., 1(0 ih Leli N C60- HO 7 do vLt SO ah C & Am I2i a do l'-'S 100 sb Pi ll A K....tKJ- 2Ai 6 an W, Jprsey li... bi 10 eh flies A; Del at... 41 0 do leoth Read B tl(.4i-n'j loo da..M.,.blu.. -M. ',; :C! flo 54i?i 100 do... ....BtW. 4)H loo do....boa. 4B ' 100 oo. ( oti. Suvr ft I.adner. Stock Exchange Broters, No. 30 8. T'aird street, report this morning' colli rinomtlniiM m follows: 10-00 A. M. . 1351 10-32 A.M. . 135J 10 27 " . 135 ! U-i0 " . 13J Slpssra. WUllsm Painter & Co.. bankers, No. 30 South Third Street, report tho followtug rates of excliantro to-day at la ociock: United States Kg. 1881. 114152115: U.S. 6-20 18G2, 113A115J: do., 1864, 112JBll2i do., 1805, lH:Sill3.;Bdn. Jn v. lHfiS. llllfcdllU: 'do. JU1J, IK67, lllBrasiiii ; do. 1868, 1113llli;63. 180b, llOCprllOi. Compound Interest Hotes, puel due, I19-2,'i. Co d. 13r.rrill3.-il. Messra. Ju (inniiri A Co. ouote Govern- mpnt seenrlliea et us folloWrt: U. 8. 6s Ol 1881, 1150116J.J 6-20s of 1802, 115K(iH5: 6-20S, 1864, 112JU2: 6 20s, Nov., 1865, 113irrj) Ul: July, 180ft, llljrriilllJi do.. 1867. 11 Sffl nil; ao. ius. liijuuiii io-oa, union .'acme uoua, ioijio.. uuia. u.j. Philadelphia Trade Report TtrxsDAy, Feb. 18,-The FJour market In qnlet, but holders are Indifferent abont realis ing, except at full prices. Only a f W hundred barrols were purchased by tbe hnme consumers at 86ao-25 for superflno; 5 750-25 for extras; S77-75 for Iowa, Wisconsin, and Minnesota extra family; 88-76 for Pennsylvania do 87o10 for Ohio do. do: and S10 5012 60 for fancy brands, acoordlng to quality, Rye Flonr sells at 77 23 per barrel. No change to notice In Corn Meal. Tbe demand for Wheat la limited to good and prime lots, the offerings of which are light. Sales of red at il -701 85, and 2000 bushels Mlohlgsn amber at Sl-82. Rye Is steady at $l-56ai-f)0 per bushel for Western. Corn Is very quiet. Sales of 3000 bushels new yellow at 87(a) 8l)o. Oats are In moderate request, and the receipts and . stocks are light. Sales of B.iiM nnnueis western at ivctnbo. itariey isnrm at t'2 'i (A'i 25 per bushel. Malt Is unohangad. Heeds Clnverseed Is In aood demand, with sales at $ ii'Va'75, and small lots from second nanus at siwtfio za. Timotny rangos irom i a (tA. Flaxseed Is taken by the crushers at J2-o28"2-6. Bark In tbe absence of sales we quote so. i (inereltron at W per ton. wniskvis vnerea at oihj. per gauuu, mi paid. 0 2 TY ITE M & Pmcits GaKATtv RitDtJOBD lo ciois oif winter 61oct of Men'; ltu' otid iloy' ClotMng. UoU wav Mn Bikkitt A Co., 6ixih ilreeU.) No. Oil UaukktST, FllILADBI.PlltA, Anp No. go BaoAPW4T. Naw V0K. Jewitlrt. Mr. William W. Casaldy, No. 12 South Second street, has tbe largest and most attractive assortment of fine J ewelry and silverware I a the city Purchasers can rely npon obtaining a real, pare arti cle famished at a price which cannot be equalled. He alao bas a large stock of American Western watches In all varieties and at all prices. A visit to bis store la sure to result in pleaanre and proflu FiN-a rAisTiwoH.-B Scott. Jr., will sell this even ing, at 1i o'clock, at tbe Art Gallery, No. 1040 Chesnatstrtet, a collection of modern pictures, all elegantly mounted In newest style frames, and of a variety ui bupjwibi 6-i"i-o Bprino SrBiwa. Row opening, Spring Overcoats, New In style and material. At Ch.blms Btokks & co.'s. eaovxm Baku's Highest Premium Hewing Machines, No. 788 Obeannt street. Thk TjNDKBKtoNKo bee leave to Inform thlr friends and patrons that (hey have added to their list oi one uri.cerios tue ceieuratea 'I'ioitrt r y,-ait I',v;tUr," the demand for which la Increasing Oaiiv. They isn recommend the "I'iowt.r" aa a superior article, one trial only being necessary aa aa evidence f that fret, t'K.onoa T. Bii.ky, Nineteenth and Coaten st. Fillk-n A 1S4MKS. Thlrleeath and Poplar sis. TiiOMi-soM Black's Hom fe Co., Broad and Cheauut airef ts. Joshua H.Cocsty, No UN 8. Second street. Ihablks H. Lonomirk, Herman to wn. JTWl KECOMMF.VP Ol'B OLOTHINO, - lie jitcoinmrua uur mowing, JS(Tle Jireoinmnul Our Ll' tiing, aV"'' Kecnm inmd Our Cloihiiig, aVar ivc jwvmwinn uur orurnirif Hif II f Arcvmiiuna Our Vtothlrg, i-w, vr jm uootl Qualify -T4Jl t For Hi Good rinuiv. Ut. tor Its ilnod Quality 2tt, For II Oooit Jfa.-t 2d, tor 11 Uod Make id. For lit Good Make -, 3d thrill Undoubted Chwimrsi -ft ll, Ibr lu I'ndoubttd Clieatteu,ma Zd. thr III llnlh,uatjA I'hMtitwjm -i in tV SrsolAl, Died.-The. close or a raon U a- S e prwt iiHM-. to ufy werroni atta Nutut of rvcri,i lurileienjilion. at prices that arc consitlerably leih& jtX-(i" ere likely to be soon again. - WANAMAKBR OL BROWN, WANAM-KKB & B.OWN. Wamamakbb t Browbt. LAIUiVRT A SROBTM BUT AND IiASOKST KsTARLISII- MMTIN -HILAlJKK'HIA THE COB. KlXTH AND MARKET 8TBBKTH, MA.HBIED. DYCH RICK. On the 11th Instant, by Rv. W. T. Kva. Mr. FREuEJUUK B. DVl'H to Mlu 8KJRK.VA. daughter of Ihe late Samuel Hlua, Ksij., Of the Kigh-.. eeuih ward, Philadelphia. TROUT McELWKK. On the evenlnr of tha loth InataDi, b? tbe Jtev. J. A. Kunkelui-n. Mr. F1UNK S. TKOUT and Mlaa ANNI K MuKLWDI DIED. AliBKRTSON. On the 13th Instant. JAMES P. AT. EKR180N, In tbe 81st rear of his age. Tue relat.lv a and friends ot the family, also the James Page library Company, are respecvfully lu vitca to atiena tne rannrai, irom ui9 resiaence or his mother. No. 2-20 Klebinond street, ou Wednesday afternoon at 2 o'clock. To proceed to Hau iver Street Vault. AT. IKMT7R. On tbe morning of the 1-ith blatant. GEOKOK HEM BY. younguacaoa of Samuel T. and the late i narione . aitemua Funeral services at the residence of W. K. Crockett, No. H3Z N. Thirty-third street, on Weduesday morn ing, the 17tb Instant, at 10 o'clock, lateruen I at L,hu- rei mu. i OKOAN. On Monday cvsnlng, February is. Dr. JOHN UEUAN, Jr. , ills relatives ana menu m iuvihn iai iueov ms fnnnral. from his late residence. No. 81 '2 t. Mecoud street, on JTriday morning, tbe lutn Instant at h; o dock. - harm 4TL-OnlMenday mornlnir. February IB. CM ARLHS 11 ARM A K. in the 4id year of bis age. The male reiaviven auu uieuua lu inujit m Invited to attend the raneral, from the residence -t bis father, Dear Uray's Ferry, on Thursday morning, vu.n.M. in at li n'ff.lruh nnnntnailv. fCUl k. . J . ' - V w- . ' - MOON RY. On the 14'b Instant, ituuit moosky. Tiw. niai.lTrtt and rrlenda are resuecltuily invited to attend the funeral, from tbe residence of bis sister, Mrs. Ann Muuin. jmo. 17 eanaoui aire-i., uu weuuw day morning at 8.', o'clock. MOR8LANDEK- on tne I4in lnsiaur, mlliau MORLAHDKR,ni the 48tb year of hi age. The relatives ana menu LidKe and Ibe Grand Kncampment, Lo.oru.j. or tbe etate ol Peunsylvanla; wayne iooge, p. a, u u. of O. F i Phlladelpbl Encampment, No. 1. L O. of O. Philadelphia Odd Fellows' Reliff Association; Humane joage,-. u uii. r.; "- and tbe Boutbwark Hose C-mpany, No. 9. am Invited to attend the funeral, on Wednesday afternoon, the 17tb luatant. al 2 o'clock, from the residence ol tils ilster. Mrs. C Ireland, No. 1301 Mary street. Burial at Woodlands. BM1TH. At Dudley, on tne evening oi me ism in stant, HKLKiS wiibqi i luiniu ai. ciuiiu, . The relatlvea and rrlenda ol the tomUy are Invited to attend inerunemi. irum im ,. w. ... . - No. 2M a Twenty-flrst street, on Wednesday morn ing, tbe 17tn luatai I al 10 o'clock. THOMPSON. On Monday, Febrnary 13 C ARRfF. daughter of Harrlat L. and the late Newcouib B. TTZreU.tvea1 and'ftlenda ol the ftunlly are invited V. ,Tk., h.,i. nn Thnndav morning, tbe lath ii.atDt at 11 o'clock, from her mother's residence. CTapler atreef , Oermantown. Carriages leave No. ma Arcn aireeii " v ' LIFE INSURANCE. BY THJS AMERICAN AGENTS LIFE INSCRAXCE CO. Ol Philadelphia, WANTED (S. E. Corner Fourth and Waluut Streets. IN better terms NOWHERE of fered. Address or call at Comcanv'a Philadelphia vuice, i to a r. au CALVIN B. McLEAN. a 10 Manager of City Agency AGENTS AND SOLICITORS FOR LIFE DiSUBAXCE, AND ALL PERSONS CONTEMPLATING INSUR- Mr. U. 0. WILSON, at the Office of the PEWJ MUTUAL LIFE INSURANCE COMPANY, No. 021 CIIESXUT Street, lieitulutf PHILADELPHIA, latest snirrijra urrEmmacK. For addUiinal Marine Newi let Inside Paget. fT TBLBORAFK. Na-w Yoaa-, Feo. m. Arrived, steamship TJoltsd Klngdnm, irt m O artgow. FokTBiss Mt !. Feb. 14 Arrived, short of provisions, brig Obawan, fra Paleimo for Baltimore. PORT OF PHILADELPHIA ....ygBBUART 10. statb or tHusnsms at run BvasriBTa ma gitrs orrioa. 1 A. V m.m 40; U A. M ....4 I P. M. M......47 OLRARKD THld MORNfNfl. Pleamshtp Brunette, Howe, New Yrk, John P. Ottl. Barqua Proteus, Chlpman. Trinidad, J. K. Basley A Vo. Bohr Crescent Lodge, Hatch, Providence, Knight at Hon. Bcbr Florence, Mclntyre. Newbaryport, do. ARRIVED THia MORNING. Brig Ellaa McNeill, hniail. M days from Messina, with irott. etc , to jn. Heliums Bro. Hct r Hut h H Baker Lorens, In days from Oarde nan. wltb mommies to R O KoighlACo. Mrhr Fawn. Wiley, days fr jin liuston. with mass, to Henry Wlnsor A Co. 8ohrIoula Nevlns. 6 days from Bavannab. with Old Iron to Knight A Hons. Hohr Usui A. Waiaon, Watjnn, 17 days from Bucks VIiIh. 8 U,. wltb lumber to Nororona A Sheets Bteamer J. H Hhrlver, RiKgans. 13 butirs Irom Balti more, with mdse. to A. Urjvee, Jr. BRLOW. Barone L'nda, from Bagna; brigs Ahby Watron, from Wilmington, N.Ci and Hunter, from Sombrero. Cnrrffon'lrnre of Mis Phinu)phin Kretwinge. Lswra, Del., Feb 14 Tue following vensets were at Hie Breakwater tbta mornlnit, vit.: Brig Mary Urace, Morrison, frcm Bl Jtihus, P. K for orders (leu In nort-BrlgaObattanooga, waiting; Klste loading-. Topaa walili g, sohra Fred. Smltn and KtMiswsll. loaolng); aehrs Crescent Lodge, from Pblladelpbla tor Providence; Annie llnrum. from Philadelphia t.ir tbarlestoo; Lucy D . Iruui Boston f.ir Rtuhmond; J, W. Fish and It 8. Vonnir. do. for Virginia; Annie Borlai d. from New York tor Richmond; J. H. Hoyu do. for Baltimore: A H. Fd wards, do. 'or Wlluilng tr.n. N. O ; M. II. Btnckbam. do. tor do.; nyne, do. f-r Cliarleston; P. A. Sander., do. for Norfilk; Lot--wood; Harry Landell; A. J. tlentley; Klein bir; and Oliver Hcborleld. all trom New York for Virginia. Barqnes Cbaca. fnr Cienftipgos; Woodland, for Rot terdam; and brig Ocean Belie, for Havana, all from Philadelphia, west to sea l.'Kh Inst. JOtoEPH LAFKTRA. o u ,w . MEMORANDA. Bchr Albert Thnuiaa, Hugers, for PhllaJolphla, Sailed rnm Charleston yesterday. Bchr Mary D. Ireland, Adams, hence, at Portland 13'hlnet, HchrKtnm Bacon, Beatse, for Philadelphia, cleared at Portiard lKih Inst. Bchr J. B Clayton. Clayton from New York, arrive at Baltlmora i;ith Inst. Waa ashore on the Middle groond. near rap Charles, and was got off alter throwing ovetboard some of the cargo. Two men. William Johnson and William H. Huiseohtirg, were drowned In attempting to carry oot an anchor. CIGARS. JO CIGAR SMOKERS. "MARIANA RITA" Cigars, in twenty varieties of size and price, are pure all Havana Tobacco; pronounced equal to Imported Cigars, yet uiuoli cheaper 1 Tbt Them. 11 FRA DIAVOLOM Cigars, in five varieties, are pure Havana Fillers, Btill oheaper, and unsurpassed at their price t Tbt Thbm. These Brands, Copyrighted, are manufac tured exclusively by S. FUGUKT & SONS, No. 229 South FRONT Street, Regular Importers, as always, of Fink Havana Cioabs. tuot&p WORKS OF ART. LAST DAYS Of THE EXHIBITION or CHURCH'S NEW "NIACAR A," AT CARLES' GALLERIES, No. 816 CHESNUT 8treet, 13 31 U6tB8mCP PHILADELPHIA. FOR SALE. FOR SALE MERCUiNTVILLE, X., J., very desirable new Frame Honse, 13 raooia, good style, bath, hot and cold water, and all the modern Improvements, with a larue front yard and garden: easy of access per C & B. Co. R. It.; frequent trains leave via Market btret Ferry. Inquire of . (i. CATTELL, No. 2G M. WHA flVtB, or a'. Merchant- VUlc 2 12 6i WESr rHILADLTHI A PrlOHKHTIK? FOR BALK OH TO RENT. Tbe HANDSOME BROWN STONE RESIDES- CEB, Not. ), 1110, and lift SPRCCE S: est, and GBKY fcTONE DOUBLE HKSID iNCE, Ko. 4110 PISE Street. C. J FELL it B').. 2 lCs:n:ilm No. l m Souih FRONT S reet. TO RENT. mTO LET A LAfifIB MODbHN-bUILT TENANT HOUBKaD'i live acrea of Ground, laid eu. with wa'ks aud ga'ueus, luUt-KM a.Nf O'.VN, two m'nulea' walk trom 1..j-'i Lane Station. 2 13 Ot ' J. AltMTROSQ. TO BENT-HOU-i: AND NO. a.16 rilKBNUT Sure'. Aunly to J. sKRURANT PRifp. S 10 it Mu. Ml ARC H Street. rpo RENT AN OFFl'JK iSL'ITABLS TOR A aMfA'RARD " W""a"t riV.0' BEDS, MATTRESSES, ETC. o v e n's patent Combfnation Sofa Ded I decidedly the best Sofa Bed ever Invented It can be extended from a bot mto a handsome Krtnch BedBtead. with hair spring nuttiress, In ten seconds -ol time. It requires no uiuerewmg or detaching baa no separation between bhek and Beat, uo corda to break aud no binned foot attached lo ihe ton of Ilia hack to Biivixjrt It when down, which la ucsate and liable to get out of repair. 1 1 has tue convnlenra ol a bureau for holding clothing-. Is easily inansfed' and It la Impossible for It to fet out oi order. 1'rlct abont the aauie aa an ordinary sofa, H. i HOVER, Owner aud K!e Mnuulitef urer, 1 2fi tutbstim No.SW South SEOOND Btreet. ftfl A X W E L L S PREPARED GYPSUUT, For Whitening and Coloring Walls, A BKACTIKUL. DURABLE A CHEAP ARTICLE. Tht (Jytstiui Elves tbe w.lla a inUtut.lo,wll! uot rnb off, and Is theref ore mot e durable, U easily mixed, and costs uo more tban the eommpu Lime, and Its sanitary qualities are excellent: It Is tnererore In evt I y respect unatirpasaed by anything of the kind ever oUered to the publlu. . ... . , . eatlkhed inut all who tea it will never again nse Lime elnver tor would ask y tfto study your In- wo 1 s.W) B. FIFTH BirtiDt, 1'UUadelPhla, Eold tf wrocers geuerailj', UOl FINANCIAL. 1 0 0 0 HUES or TR mm pacific RAILROAD ARE NOW COMPLETED. As 50, miles of tbs Western rortlon of the Una. Klnnlnc at fteorameato, are als t done, trat 2G7 MILES REMAIN To be finished to open the Grand Throngfe Line to the Fuel 11c. Tlili opening will certainly take place early this season. Besides a donation from the Government of U 8(W acres of land permfie, Ihe Company Is entitled lo a subsidy In United: States Bonds on Its Has at coca, pleted and accepted, at the average rate ol abeot f .'S.500 per mile, according lo the dltlioaltles enooojt tered, fnr which tbe Osvornmest takes a seooad Ileal as secnrlty. .Whether subsidies are given to any ethr companies oi not, tbe Government will comply wills all Its contraots wltb the Union Pao.no RallroA Company. Nearly tbe whole amonnt of bonds ta which the Company will be entitled have sUreadr been delivered. FIRST MORTGAGE B027D3 AT PAR. By Hacbartor, the Oompany Is periulltel I o Issue) lis own FIRVT MORl'iiAdU BOND4 te the Sam amonnt aa the Oovernmeut B inds. AXO NO alORB Tbese Bonis are a First Mortgage upoa tbe entire) road and all lis equipmeuta. THKY HAVK IIIIRTT TEARS TO RUN, AT SIX PER CENT., and both PRINCIPAL AND INTEREST ARE PAYABLE IN GOLD. Such securities are generally valuable In proportion to tbe length of time they have to rnn. Tbe longest six per cent, gold Interest bonds ot the United States (tbe 'Sis) will be due In 12 yesrs, and they are words 112. If they had no yea s to run, they would standi at not lees than 126. A perfectly safe First Mortgage Bond like the Union Pacific should approaoh this rater Tbe demand for European investment Is already considerable, and on the completion of tbe work wilt dunbtless carry Ihe price to large premium. SECURITY OF THE OOND8. It needs no argument to sho that a First Mortgage of Ofl per mile upon what for a long time must be) the only railroad connecting the Atlantio and PaotOo) States is riBircnv s Koran. The entire amount of tbe mcrtgpge will be about ,000,t00, and tb Interest il 8'X,coo per annum in geld. Tbe present currency cost or this iuterest Is lesj thau t2,CO0,0O0 per ant urn, while the gross earnings of the year 1868 FROM WAY BU81NKS8 only, on AN A-VKR.AOJB OF LEK8 THAN 700 MILES OF ROAD IN OPERA. TION, WERE MORE THAN FIVE MILLION DOLLARS. The details of which are as fallows; From Passengers - ..-M..tl 2408 - FrelKt)!. - . .04.),tvlt) " KiprtbS ... 6l.4itt M Mails ................ ................. l36liaN MlacellanwHih ... . Uliiiin " Uevbrument Uuaps,... 10 1 077 -TV freight 44B;4to-KK - Coutraoton' men .. niH,irti " material. W8.4a6 ' TotaI. from c,i-l This large amount Is only an Indication of the 1m metse trallio that must go over the through line In a few months, -when tue c eat tide cf I'aciOn coast travel and trade wl l begin, it is estimated that tbla business trust make the eaxniu f the road from F1FTAKN TO TWENTY MILLIONS A YEAR. As Ihe supply or these Bonds will srn cease, par tits wbo desire to lnvtat In them will find It for their Interest to do so at once. The price tor the present la par and accrued Interest from J An. I, la currency. Subscriptions will be received in Philadelphia by DE HAVEN & BR0.f No. 40 S. THIRD Street WM. PAINTER & CO.. 'o. 3C S. T1IRJ Street, And in New York AT THE COMl'AXrs OFFICE, No. 20 NASSAU Street, ASD BY J. J. CISCO fc SOX, IMXKFIUS, No. 09 WALL Street, And by tbe Company's advertised Agents throughout tbe United States. Bonds tent tree, hot parties subscribing througnr local agents will look to tbem for their safe delivery A NJB.W PAMPHLET AND MAP WAS ISSUKO OCTOBER 1, containing a repjri of the progress of the work to that date, and a mors complete state ment In relation lo the value of the bonds than caa be given in an advertisement, whieh will be sent free) on app'lcation al the Company's oaioea, or to any of the alTrtiAd atents. JOHN J. CISCO, TREASVBEB, NEW YORK. Jan sr.if,. IJthala BOARDING. AFURN1SHKD StCOSDSTORY ROOM TO l-t, with board. Belerence required. A only No. 5 8 N. ELEVENTH street. 2 U 61 AT NO. 1121 G I HARD STRERT M&Y BB obtained rornlshed aud unfurnished rooms tor loJging. Board, aUo. u desired. s 1 II HATS AND CAPS. 0 JOSE 9, TEMPLE St, CO., P A S H IONABLK HATTERS, No. SA 8, NINTH Street, First door above Ubesnut street. 4 ft WAnBCRTOS'3 IMPROVED VENTI lted, and easy-rJttlng Dress Hats (patented)Jai n ih irr.Druvwl lashlons of the season. CH1U. NUT btrees. next door te the Post Ofnos. 11 1 6 INSTRUCTION. I. g a E G O R r, A. M. CLASSICAL AND ENGLISH bOHOOL, No. no MARKET btreeb liUm VIS IMPORTANT! BEAUX MEU13L.KS. pour Salons et Cbambres a Oouoher, ArrftBses pour Kxposltlon dans Appartement Oarnls et Couverta de Tapis, CEORCE J. HENKEL8. EI3ENI3TE, 2 1 Bmrp CSiN UT filTflEIIT, au CotU de Ijuio.
Significant historical Pennsylvania newspapers