THE DA1L5T EVENING TELEGRAPH PHILADELPHIA, THURSDAY, DECEMBER 0, 18G9. srzn.iT or Txzz3 run ss. Kdllorlnl Opinion mt the leading ianrnn.1. Upon Turrent Topic. Compiled Evcrr Iay Tor Iho I'vcnlnsr TelfKrnph. FINANCE WRONG END FOREMOST. .Front the X. V. World. It is the mark of a Honnd mu1orntanling to OHtimate things according to their roltitious of order and subordination. Mr. Boutwell's report demonstrates thut ho is a nieohnnio in finance, and not an architect. lie does not geem to know how the several parts of the financial edifice should be adjusted to one another to shape it into a symmetrical whole, nor in what order the work should proceed from the foundation upwards. The things on which he lays the principal stress are, no doubt, important; but he is busying himself with tho roof before there is anything to sup port it. The main feature of his report is his plan for the immediate refunding of the publio debt; whereas the thing first in order is the restoration of a sound currency on a specie basis a subject which he slights and postpones. It is a superlative and Quiiotio folly to expect to refund the publio debt to advantage so long as the basis of our mone tary system is an irredeemable and fluctuating currency. Even if tho debt oould be re funded (which we do not believe) at four and a half per cent., in the present state of the currency, it would be inexpedient to refund it at that rate on loans so long as he pro poses; because if we can borrow at that rate with our present irredeemable and redun dant currency, we could certainly borrow at a much lower rate under a sound monetary system. The average length of the loans which Mr. Rontwell proposes is from twenty to twenty-five years; and it is not wise to bind ourselves to pay for that long period the rates of interest at which we can borrow money in the present disordered state of our finances. To refund the debt at a lower rate of inte rest now would be a temporary advantage, overbalanced by certain future losses, as wo Khali be able to borrow at a rate at least two per cent, lower in a sound state of the cur rency and finances than we can at present. To offer a four-and-a-half per cent, loan and not have it taken, would not advance the public credit, but injure it. That a four-and-a-half per cent, loan will not be taken (except by the national banks under compulsion) in present circumstances, is as certain as it is that capitalists are not fools. But even if Mr. Boutwell could succeed in carrying his chi merical project into execution, what would ba the amount of the gain ? Why, eighteen mil lion dollars per annum; neither more nor less. The saving in the rate of interest would bo one-and-a-half per cent. His three proposed loans of four hundred millions each, would make an aggregate of twelve hundred millions; and one-and-a-half per cent, saving on twelve hundred millions would be eighteen millions. Eighteen millions a year is a bagatelle in comparison with what the country suffers and loses every year by our disordered cur rency. It is less than the amount of taxation that would result froui funding the green backs at four-and-a-half per cent. It is about one-twentieth part of the present revenue of the Government; a reduction so slight that it would be scarcely felt by the tax-payers. The immediate refunding of the debt at the rate proposed by the Seoretary is of very sub ordinate importance even if it could be accomplished. But it cannot be accomplished. The debt ought not to be refunded until the finances and currency are in such a healthy and settled condition as to inspire confidence abroad, and enable ns to borrow at the lowest rates. It is not expedient to bind the country to pay anything above tho lowest rates for a long period of twenty or thirty years; and the lowest rates at which we can borrow will not be reached until after our monetary sys tem is restored to soundness. The reason assigned by Mr. Boutwell for the low price of our present bonds, is tha doubt entertained as to their payability in gold. If this is a correct explanation, ha ought to perceive that the doubt would be effectually removed by tho resumption of specie payments. In point of fact, it origi nated in the continued suspension after the close of the war. When the five-twenty loan was authorized, it was supposed by Congress that specie payments would be resumed before any part of tha loan would becoma payable; and had this expectation been realizod, tha question of its payability in a depreciated currency would never have been raised. The controversy on that subject will end with re sumption; as we shall then have but one kind of dollars; and a promise to pay dollars can have but one meaning. If tha real obstaole is what Mr. Boutwell supposes it to be, nothing is necessary for its complete removal but a restoration of tha currency to the specie basis. But he totally misconceives the reason for the low price of the publio securities. The Ten-forty bonds are as low in proportion as the Five-twenties, and yet the Ten-forty bonds are, by the law authorizing their issue and the language engraved on their face, ex pressly payable in coin. If Mr. Boutwell thinks ho can sell a four-and-a-half per cent, bond because there will be no doubt as to the medium of payment, how can he account for the fact that the five per cent, bonds, 'about which no question has beeu raised, are sell ing so much below their face value in gold? The price of the Ten-forty bonds is a conclu sive demonstration that Mr. Boutwell's pro posed new loans are mere financial moon shine. If his proposed bqnds are to be un questionably payable in gold, so are the Ten forties; if they are to be exempt from taxa tion, so also are the Ten-forties; and as the Ten-forties, with a higher rate of interest than he proposes, are greatly below par, how can he expect to sell an inferior security at a better price? The real reasons why our bonds of all de scriptions are so mnch depreciated are, first, that the market is yet glutted with them, and, eoondly, that capitalists distrust the nnau- oial soundness of a nation whose enrrenoy consists of irredeemable paper. The glut will be relieved dv tne mere lapse 01 time and the growth of capital seeking investment; but the disordered currency requires a legis lative cure. It is absurd to think of refunding the debt to advantage until after both evils are remedied. We should not seek barely a lower rate of interest, but tho lowest. Even a lower is unattainable, so long as tha present bonds are selling at so great a depreciation; and the lowest is quite out of the question until after the restoration of perfoct financial health. It would, of course, be absurd to think of refunding the national debt every three or four years; and there would be no economy in binding the nation to pay for twenty or thirty years the rates of interest at which it could refund the debt now. These considerations are so evident and so conclusive, that there is no hazard in pro- . uouncina Mr. Boutwell s funding scheme foolish and impracticable whinmey. By taking hold of the problem at the wrong end, be has demonstrated his incompetency to solve it. GOVERNMENT AND THE IMPORTERS. I tom tht If. Y. Time. ' There have been within the last three years three legal contents of great importance in this city bet ween the Government an 1 im porters, the last of which was brought to a close in the United States District Court on Saturday, and resulted as each of the othors had, in the failure of the jury to agree upon a verdict. All three of the trials involved the same question whether the importers had fraudulently undervalued thoirgoodsonenter ing them at the Custom House. The first case concerned the importers of champagne, the second the importers of sherry wines, and this Inst the importers of ribbons; the amounts directly and indirectly involved being in every case very large. The casus were all the result of a plan which was put in operation some years ago by the Treasury Department, viz., the despatching of agents abroad to gain information in regard to the business of the importers. They have con sequently all had some common features. The agent, Mr. Farwell, endeavored to put himself in communication with the various merchants in order to learn from them what their real prices were for their goods. In some cases he treated with them directly, under an assumed name, representing him self as a merchant proposing to deal for some other market than our own, and in other cases he wrote letters to them under an assumed name. In each of these cases he testified that prices were given him which were claimed to be higher than the values at which tha goods were invoiced to this country, and on the strength of his information these suits were commenced. The evidence which he furnished was in each case enough to save the Government from entire defeat, but it was not strong enough to give it a complete victory. There are some circumstances about the cases which go far to account for their result, or lack of result, rather. In the first place, the amounts involved have been very largo, and it is not to be expected that juries of or dinary human nature would be as ready to inflict such heavy forfeitures as if they were lighter. Jurymen cannot be expected to bo insensible to the fact that tho Government would feel the loss of the expocted forfeiture far less than the merchant would the loss of his goods. Tho sympathies of the jury in a case of forfeiture are more apt to be with the owner of the property. Nor are these sympathies weakened by the fact that the main testimony in the cases to sustain the claim of forfeiture comes from informers, who are to share in the proceeds of the forfeiture. The evidence of informers is always weak, and it must be still more so where it appears that they had assumed false characters and written under assumed names. With all these elements of weakness in the Government's case, and with the evidence which the claimants were able to furnish, tending to show thut the values which they had put upon their goods represented their actual cost to them, with u fair profit, it is certainly not a thing to be wondered at that some of the twelve mon in each case declinod to believe the story of tho Government's witnesses. We are, however, far from thinking that these proceeedings, even with the result which they have had, have been unprofitable to the Government. If Government would save itself from constant frauds on the revenue, it must show itself not only strin gent ia the enforcement of the penalties of the law, but watchful to detect all infringe ments of it. Dishonesty is always watching to discover ways of evading the law. The officers of the law must bring shrewdness as well as honesty into exercise in enforcing it. The effect of such seizures as these could hardly fail to deter dishonest importers from evasion of the law, for, as it is, the parties concerned have suffered heavy loss enough to make them careful in future about putting higher prices upon their goods than they put in their invoices. The officers of the Gov ernment perhaps will see also the importance of placing themselves, if possible, on firmer ground than one of false names and decoy letters. MR. BEECnER FLOUNDERING. Frvm the N. T. Sun, The Rev. Henry Ward Beecher publishes a card in regard to his charge of adultery against McFarland, in his funeral sermon at the Astor House; a charge which, in all the bitter con troversies of years, had never before been adduced, and which Mr. Beecher was the first to proclaim. He says: 'I bad made diligent Inquiry on that point. It had been much in mind. "I bad only a vague impression of the facts." The saying is not quite original with us that consistency is a jewel. Mr. Beecher, being a clergyman, dresses plainly, and pro bably does not wear that kind of jewelry. lie says: "l naa made aiugent inquiry on mat point. And in the very next paragraph he says: "i had only a vanue imnreanion of the facts." .Now with only a vague impression ot tne facts, as he himselfi admits, Mr. Beecher saw fit on the authority of his great name to con tradict the sworn proofs of two judicial inves tigations, and to accuse a poor prisoner lying in his cell in prison of adultery; well knowing at the time that the accusation was liable if not likuly to turn the scale, on a capital trial, against that prisoner, and to consign him to the gallows. Mr. Beecher blew off this fearful charge as lightly as a child blows on a soap bubble. He and Mr. i rotlnngUam even pretended that regard for McFarlund's children was one motive that prompted them. "Poor, sweet, innocent little children, we love you so dearly that we want to hang your papa. ' Mr. Beecher'B apology is that he does not read the newspapers. He does not deem it necessary to inform himself about the facts, but at the same time does not hesitate to pro nounce judgment in a case of life and death ! Are tho newspapers all that Mr. Beecher neglects to read? Does he ever read his Bible ? If so, has he ever come across a com mandment, "Thou shalt not bear false wit ness against thy neighbor"? And is Mr. Beecher aware that even human law deems it perjury for a man to testify that to be true which is false, and which he has means of knowing to be false ? Mr. Beecher had access to proofs contra dicting his statements, before he made them. He ffeots a lofty superiority to truth. Let Mr. Beecher remember our Saviour's warn ing that at the judgment day it shall be said: "Inasmuch as ye have done it unto one of the least of these my brethren, ye have dona it unto we." THE EFFECT OF THE MESSAGE UPON THC REPUBLICAN PART V. From the A". Y. Sun. The inobsage of General Grant is delivered under peculiar, not to say unprecedented cir cumstances. He is the head of a jmrty as well as the Chief Magistrate of a nation; and the question, therefore, will naturally arise as to the effect of his utterances upon the future of that party. It may be maintained that the Tresidout handles with discretion, though with limited ability, the current and ephemeral topics which jnnke up tno staple of his message, and in which the whole people of tho coun try, irrespective of party, are equally inte rested. But docs he put forth any of those new and imposing ideas which make epochs in history 'i Does ho initiate any grand policy for the future ou which his party can stand, and by virtue of whose attractive character it can successfully challengo the support of a majority of the nation in the years whicn are to come ? The oheering tone of the message in re spect to the early and satisfactory disposition o all the issues which nprans out of the Re bellion, suggests the grave inquiry whether their peaceful settlement does not really use up the capital stock of the Republican party, and terminate its mission. A party which has ana boen in power and has accomplished great results, is sure to fall under tne popular ban so soon as it ians 10 master the exigencies of the situation, and inspires no hope for the future. It was upon this rock that the Democratic party wont to pieces at the close of tho administration of Mr. Buchanan. And if we are to accept General Grant's message as an exposition of the policy of the Republican party, then a like calamity will overtake that party at the conclusion of his present term of office. The message tells us nothing new, promises nothing which had not been promised a hun dred times before.recommends no great mea sures to attract the publio eyo or kindle the popular neari; ana, in a woru, proposes uu rtolicv in regard to the future to which the Democrats are not just as ready to pledge themselves as the Republicans. The elections of this autumn should con vince the Republicans that their hold upon power is gradually relaxing. They swept the country last year because tho people desired to see the reconstruction measures completed, and felt certain that General Grant would ac complish this object. They partially tri umphed in tho recent elections because this work was not quite finished. When it is done, then, provided the Democrats will allow it to rest undisturbca, hundred of thousands of independent voters, whose suffrages aided to elevate General Grant to the Presidency, will search in vain for anything to induce them to longer follow his personal fortunes, or bind them to a party to which they have never owed auuht but a conditional allegi ance. WINES AND LIQUORS. H E R MAJESTY CHAMPAGNE. :: 215 SOUTH FRONT STREET. THE ATTENTION OF THE TRADE 13 1 solicited to tho following very Choio 3 Wines, etc, tor sine Dy DUNTOl LU8SON, 215 SOUTH FRONT STREET. CHAMPAGNKS. Aitents for tier Majesty, Dno ds Montebell , Carte Bleue, Clime Blanche, and harles Farre'a Grand Vin Kugonie, and Vin Imperial, M. Kins man A Co , of Slsyenoe, Sparkling Moselle and KiiINK VV INKS. MADRID AS. Old Inland. South Side Reserve. S11KRRIKS. K. Hudolpbe, Amontillado, Topaz, Val letta, I'aieanu ooiaen rj.r, titown, ero. PORTS. Vin ho Velho Real. Vallette. and Crown. CLARKTS. Promis Aine A Oi... Montterrand and Bor deaux, Ularota ana !autorne VYlnos IJIN. "Mnrinr hwnn BRANDIES. Hennessey, Otard, Dupuy A Oo.'s various vintaaca. 46 c A 11 STAIRS McCALL, Nob. 136 WALNUT and 21 GRANITE Streots. Importers of BRANDIKS, WINES, GIN, OLIVE OIL, ETC., AMD COMMISSION MERCHANTS For tha aaleof PURE OLD RYE, WHEAT. AND BOURBON WHIS. KIKS. pAKSTATKS' OLIVE OIL-AN INVOICE y of tha above for sale by CAR8TAIR8 McOALL. 628 2p, Nos. 126 WALNUT and 21 GRANITE Sts. V p. if. X Sharpens the Appetite. V 5I 1 Makes the Weak Robust. X Adds to the term of Life. V ! -La Ia Unadulterated. JL Is superior for Minoe Meat. v v. 1 Makes Beat Whisky Punch. X Cures Dyspepsia. V IN X Is the Best In the World. 1231m CLOTHS. OASSIMERES. ETO. CENTRAL CLOTH HOUSE. FRIES, MALSEED & HAWKINS, 8. E. CORNER EIGHTH AND MARKET. We are dally receiving from the present large Auc tion Hales in New York Fine Foreign Woollens at less than one half tnelr value. Black Beavers at f 4-so. Black Beavers, very good, at $3 00. Black Beavers, fine, at f.i-M. Black Beavers, liner, at $4-00. Black Beavers, much Biier, at $-ff0. Black Beavera, very flue, at Jft-00. Black Beavers, finest, at b'50. Chinchillas, Blue Beavers, Caracullas, Astrachaus, Waterproofs, Velveteens, Etc. f.O pieces All-wool Casulmeres at 8ftc 60 " " " ooc. f0 " " We.1 ISO " " " $1-00. Plaid Cassimeres, Meltons, Fur Beavers, and the novelties for Geutlf men's Wear. FRIES, MALSEED & 1TAWKINS, 11 6tnths2m & S. Corner EIGHTH and MARKET FIRE AND BURGLAR PROOF SAFE J. WATSON & SON, 'J I Of the lata firm of EVANS WATSON J FIRE AND BURGLAR-PROOF BAJTE STOKE, NO. 43 SOUTH FOURTH STREET, 8 81 A. law doors sbOTS Qbemnt st, Phlld PAPER MANQINQ8. T OOK 1 LOOK I ! LOOK ! ! ! WALL PAPERS and Linen Window Bhadns Manufsotured. th ehnapMit In tlis city, at JOHNSTON'! Dopot, No. 1I nrjMi.lt itaKiiHii nireot. neiow lue.enta. sruwi 'i 7 I KUKBAL Street, Camden. Now Jersey. li A LEXANDER G. CATTELL&CO J.- rRODUOK COMMIH8ION MKKOliANTB. Mo. SM OKl rt WHAHVKii :aND Ka an nnnTn witvr RTBrirr PlilLADKUrUlA. " " A-LX4WDK O OaTTBIA. KXJJkU fl.TTaU DK. M. KLINE CANCURE CUTANEOUS Kruptious, Marks on the Skin, Ulcers la tbe thr t, Dioulb and dowi, sore Uign and sores of every onnooiva'ila c:iurcl.u. Ottiue, No. VLSouUt atLKVUMXU, betweso Uuosuut aud Marka btx el II IkoTI Baa FINANOIAU. THK CENTRAL RAILROAD OF IOWA. ITS SEVEN PER CENT. COLD FIRST MORTGAGE BONDS, Tree of Government Tax, At 95 and Accrued Interest. MANY PERSONS ARK BELLING THEIR GOV ERNMENT BONDS WHILE TUB PREMIUM 13 STILL LARGE (as the Treasury has promised to buy unrieen minions in December), AND REINVEST IN THE FIRST MORTGAGE BONDS or tub CEN TRAL RAILROAD of IOWA, WHICH PAY ABO0T ONE-THIRD more INTEREST. THE TIME TO MAKE SUCH REINVESTMENT is while tU Trea sury is buiring, and Governments are at a premium. TUB JKOAD DOES NOT RUN THROUGH A WILDERNESS, where it would have to wait years for population and business, but through the most thickly settled ana productive agricultural counties In the State, which gives each section a large traillc as soon as completed. It runs through the great coal fields of Southern Iowa to the North, where coal is indispensable and must bo carried. It runs from the great lumber regions of the North, through a district of country which Is destitute of this prime necessity. The mortgage Is made to the Farmers' Loan and Trust Company, of New York, and bonds can be Issued only at the rate of $10,000 per mile, or only half the amount upon some other roads. Special security Is provided for the principal and for the payment of interest. First Mortgage Bonds for so small an amount upon a road running through such a rich e.ud already well-settled part of Iowa, can well oe recommended As a perfectly safe as well as very profitable Invest ment. Pamphlets, with map, may be obtained, and sub scriptions will be received, at THE COMPANY'S OFFICES, No. 82 PINE Street, NEW YORK, and at the BANK OF NORTH AMERICA, No. 4t WALL Street, and in 1'hilauelphla by 220WX22J & FOX, Merchants' Exthaugo ISiilldln, 13. It. JAMISON vSt CO., JI.W. Cor. THIRD and CHESNUT Sts., Pamphlets sent by mall on application. W. B. SHATTUCK, 11 13 8tuthlm4p TREASURER. UNITED STATES BONDS BOUGHT, SOLD, AND EXCHANGED ON MOST LIBERAL TERMS. GOLD BOUGHT AND SOLD AT MARKET RATES. COU PONS CASHED. PACIFIC RAILROAD BONDS BOUGHT AND SOLD. STOCKS BOUGHT AND SOLD ON COMMISSION ONLY. COLLECTIONS MADE ON ALL ACCESSIBLE POINTS DE HAYEN & BEO., No. 40 South THIRD Street. 111 PHILADELPHIA. ELLIOTT & DUNN. BANKERS, NO. 109 SOUTH THIRD STREET, rmLissLraiA, DRAW BILLS OF EXCHANGE ON THE UNION BANK OF LONDON. DEALERS IN ALL GOVERNMENT SECURITIES, Bara!ta Mrmrcrv on thcpdhtt. allowing Intermit. Execute orders for Stocks In Philadelphia, New xoric, Boston, and Baltimore. S0i QLi:.M)n.l(;, 1AVIS fc CO., No. 48 SOUTH THIRD STREET, PHILADELPHIA. GlENDINNING, DAVIS & AIM, Ko. 2 NASSAU STREET, NEW YORK. BANKERS AND BROKERS. Buying and selling Stocks, Bonds, and Gold on CoiiunUHion a Hpeclulty. Philadelphia house connected by telegraphic with the Stock Boards and Gold Room of New York. Hi ii FINANCIAL.. Till: FIRST MORTGAGE SINKING PUND 7 PER CENT. 40 YEAR GOLD BONDS or THC CMc Bmllle 11 Viwm RAILROAD COMPANY. Total amount to be IiioI,),:00, OOO on 1 10 M Hew of Road, (Extending from Chicago through Eastern Illinois to tbe Junction with the Evansvillo and Terre Haute Railroad, with which it forma the shortest TRUNK LINE to Ixmisvllle and the South), making the average of Bonds about 118,000 per mile, and it Is expressly guaranteed that the bond Issue shall not exceed that sum. The Road traverses a country that assures a large and profitable business ; is built and equipped from Chicago to Momenco, a distance of S3 miles, and tir-ON TTII8 PORTION OP TOlt LINK ONLT WK NOW OFFER TDK BONDS FOR 8AI.R. These Bonds are protected with extraordinary care by registration and otherwise; the interest upon thcra will be paid out of one-third the net earnings, and the Sinking Fund, created and set aside, will provide ample means for their redemp tlon. They are Ofllclally Registered and Transferred by the Union Trust Company of New York, who thus become the custodian of these Bonds. It is confidently dei.isvbd that no Bonds can be made more perfectly bkcukb, or MOKR ABSOLUTELY SAFE. It is a CAPITAL ADVANTAGE of these Bonds that they bear 7 per cent, gold interest for 40 years; and compared with 6 ;er cent, gold bonds, the addi tional 1 per cent, at compound Interest, for thirty years, would give the owner of this Bond a proilt of !51 -28, and for forty years, $2003-43. Government Sixes might be exchanged with this result: S10,ooo would buy 112,000 of these bonds, payable In gold, yielding a proilt in hand, and besides THE GAIN OF 12000 PRINCIPAL AND THE AN NUAL 6 PER CENT. THEREON. WOULD, AT MATURITY, NET THE BUYER $24,041 ! A DDI TIONAL PROFIT IN INTEREST. Prices at present, 05 and accraed interest from October 1. Pemphieta, with Maps and detail, and the BONDS may be had of us, or of IH IIAY12N & IlROTIIEIt, Dealers in Government Securities, etc., No. 40 South THIRD Street, Philadelphia. Having personally examined this entire line of road, finished and projected, as well as the country through which It runs, we offer these Bonds with every confidence In their full worth and soundness. W. BAILEY LANG & CO., No. 54 CLIFF Street, New York, Agents for the sale of the Bonds. 12 8 thstuot HOUSE or jay C00KE & CO., Wos. IIS and 114 S. THIRD St., . i PHILADELPHIA. Dealers in Government Securities Old 6-808 Wanted In Exchange for' New. A Liberal Difference allowed. Compound Interest Notes Wanted. Interest Allowed on Deposits. COLLECTIONS MADE. STOCKS bought and sold on Commission. Special business accommodations reserved for ladles. We will receive applications for Policies of Life Insurance In the National Life Insurance Company of the United States. Full information given at our onioe. 10 1 8 in it. jam i soz Ac coM SUCCESSORS TO 1. 1 liKLI.Y At CO., BANKERS AND DEALERS IN Bold, Silver, and Governmeiit Bonis, AT CLOSEST MARKET RATES, N. W. Cor. THIRD and CHESNUT Sts. Special attention given to COMMISSION ORDERS In New York and Philadelphia Stock Boards, etc etc 6 5 tia 81 JJ B E X B L Ac C O., No. 34 SOUTH THIRD STREET, Amoiioan and Forol fyu ISSUE DRAFTS AND CIRCULAR LETTERS OF CREDIT available on presentation In any part of Europe. Travellers can make all their financial arrange ments through ns, and we will oolleot their Interest and dividends without charge. Dkbxbl, Winthhop A Co.,Dbkxkl, Haejks Co., NewYork Paris. f3 1 JOHN 8. RUSHTON & CO.. No. 50 SOUTH THIRD STREET. JANUARY COUPONS AND CITY WARRANTS 10 0 3m BOUGHT AND SOLD. FINANCIAL. CIWMtlTY AUAIH.HT lOS.H. f i BY Burglary, Fire, or Accident. - The Safe Deposit Company, . IN THEIR ' New Fire and Burglar-Proof Building, Nos. 329 nd 331 CHESNUT SOtEKT. The Fidelity Insurance, Trust, AND SATE DEPOSIT COMPANY. CAPITA I. l,OO0,O0O DIRECTORS. W. B. Thrown b. Olat-AnoA H. Clark, John Wol.h, Uharles Macalestftr. Kdward W. Clark, Alsxandnr Hnnry. (Stephen A. O&ldwelt, Gonnra F. Tvlnr. ' Henry O. . Gibson. Prosident-N. B. BROWNK. Vice President -OLA UK NO ft TI. CLARK. BeoretarrandTreasury-ROBRRT PATTRRSON. Assistant Secretary JAMK3 VT. HAZLKHUK8T. Tbe Company har provided in their new Ruildtnc and Vault, absolute ammritr against loss bj 11RK, BUR GLARY, or AOCIDKNT, and RECEIVE BKOURITIKS AND VALUABLES OK DE POSIT UNDRR GUARANTBIt, Upon the following rates, for on. rear or less period : Government and all other Coupon Securi ties, or those transferable bj dollverj. . . .tl'09 per 81001 Government and all other Seonrlties regis tered and negotiable only by endorsement SO per IMS Gold Coin or Bullion 1S6 per 10M Silver Coin or Bullion I'M per lot SUrer or Gold Plate, under seal, on owner's estimate of value, and rate subject to ad justment for bulk I'M per 1M Jewslry, Diamonds, eto S"60 per lUtM Doeds, Mortgages, and Valuable Papers generally, when of no fixed value, $1 a year, each, or aooording to bnlk. These latter, when deposited in Tin Boies, are obarged according to bulk, upon a basis of IX tool oubio capa city, $lu a year. Coupons and Interest will be oolleoted, when dosired, and remittod to tbe owners, for one per cent. The Company odor for RENT, tha lessee exclusively holding the key, SAFES INSIDR THR BURGLAR-PROOF VAULTS, At rates varying from $1 to 976 each, per annum, aooord ing to size. Deposits of Money Received, on whloh Interest will b allowed: 8 per cent, on Gall Deposits, payable by Check at sight, and 4 por cent, on Tims De posits, payable on ten days' notioe. Travellers' Letters of Credit furnished, available in a parts of Europe. This Company is also authorized to aot as Executors, Administrators, and Guardians, to receive and execute Trusts of every description from the Courts, corporations, or individuals. N. B. BROWNE, PRKS1DKNT. ROBERT PATTERSON, 11 S3 tuthsSmup SECRRTART AND TREASURER. A RELIABLE HOME INVESTMENT. THE FIBS! H0ETQAQE BONDS OF THB Wilmington and Reading Railroad, BEARING INTEREST At SEVER PEE CENT. In Curreno PAYABLE APRIL AND OCTOBER, PR KB STATE AND UNITED STATES TAXES. Tills road runs through a thickly populated rich agricultural and manufacturing district. ' For the present, we are offering a limited amonn of the aoove Bonds at 85 CENTS AND INTEREST. The connection of this road with the Pennsylvania and Reading Railroads insures it a large and remu nerative trad. We recommend the bonds as tho cheapest nrst-class Investment In the market. WltX. FAXXUTI.XI t3i CO., BANKERS AND DEALERS IN GOVERNMENTS, No. 3G SOUTH THIRD STREET, tli Bl PHILADELPHIA. FIRST IYIOIITGAGE SEVEN PER CENT. GOLD BONDS OF THE Fredericksburg and Qordonsville Railroad Co., of Virginia. Principal and Interest Payable in Gold. Ilea. Bonds are secured by a First and Only Mortaea on the entire real Mtate.road, personal property, fSKnohise, and rolling stock of the Company, irivtjn to the If aimers' Loan and '1 runt Company, of New Vork, Trustees. lb. road ia 82 miles in lanidh, connecting Prederioka bura; with Charlottesville byway of Orange Oourt Houao. psasinR through a section of the Hhenandoah Valley, tha local trafho of which alone will support the road, while, as part of tha great through lines to the Southwest and West, the safety and security of tha Company's Bonds era plaoad beyond question and doubt. We offer a limited amount of these Bonds atCSMand interest from November 1 in currency. Pamphlets, maps, and information furnished on applica tion to T A 17 TJX XL dl CO., No. 49 WALL STREET, NKW VORK. SATtUHL WORU, 13 4 tf No. it3 8. THIRD ST., PHILADELPHIA. REMOVAL. SMITH, RANDOLPH & CO., BANKERS. HAVE REMOVED TO No. 121 SOUTH THIRD STREET, ' CORNER CARTER'S ALLEY, 1 ' tf Opposite GLrard Bank. QITY WARRANTS BOUGHT AND SOLD. C. T. YERKES, Jr., ft CO.. NO. 20 SOUTH THIRD STREET, PHILADELPHIA pm 8. PETERSON & CO.. Stock and Exchange Broken, NO. 39 BOUTH THIRD STREET, V embers of the New York: and Philadelphia aud Gold Boards. BTOCEB, BONDS, Etc., bought and sold ou oew mission only at either city ; m
Significant historical Pennsylvania newspapers