TIIB DAILY EVENTNO TKTK(;pyrH rHir.ADRLrm A, SATURDAY. MA1!CIM2, 1870. rUBLISIlED EVERT AFTERNOON (bundats bxcepted), AT THE EVENING TELEGRAPH BUILDING, No. 108 8. THIRD STREET, rniLADELPHIA. . The Price it three cents per copv (rtouMe sheet); V. VIV'HIAI wr -r g -"""( y , w;f w, - " ' " ' by inhom nerved. The subscription price by mail Ml jvme vvwits jwr annum, or xjius uvuw fifty Cents for two months, invariably in advance for the time ordered. SATURDAY, MARCH 12, 1870. THE FUNDING DILL. Tin United States Senate yesterday passed, with some slight modifications, the , Funding bill reported from the Fi nance Committee by Senator Sherman. The bill authorizes three loans of $400,000,000 each, in denominations not loss than fifty dollars, and payable in coin at the pleasure of the OoTemment after ton and at forty years from date; the second after fifteen and at forty years; and the third after twenty and at forty years. The first series, or ten forties, are to bear interest at the rate of five per cent. per annum; the second series, or fifteen-forties, are to boar interest at four and a half per cent.; and the twenty-forties interest at four ' per cent. These bonds tho Secretary is authorized to dispose of, under such regula tions as he shall prescribe, within the United States or elsewhere, at not less than thoir par Value in coin, or they may be exchanged for any of the ontstaading bonds of an equal aggregate par value heretofore issued and known as the five-twenty bonds. The pro ceeds of so muoh of the loan as may be dis posed of for coin are to be placed in the Trea sury, to be used for the redemption of such six per cent, bonds as may not; be offered in exohange, or to replace snoh amounts of coin as may have been used for that purpose. The bonds authorized by this aot are exempt from all taxation under national, State, or ma nioipal authority. : . The Seoretary of the Treasury is authorized to appoint suoh agents in the United States and Europe as he may deem necessary to aid in the negotiation of these bonds, and also to advertise the loan and its conditions in such newspapers and journals in this country and Europe as he may select for the purpose, a sum not exceeding one-half of one per cent, of the bonds authorized in the bill being ap propriated to pay the expense of preparing, issuing, and disposing of the same. . The sum of $150,000,000 annually te ap propriated out of the duties derived from im ported goods, to be applied during each fiscal year to the redaction of the principal of the publio debt, and the United States bonds now held as the sinking fund and those now held in the Treasury are to be canoellel and destroyed, and the bonds hereafter pur chased are also to be cancelled and destroyed in like manner, and a full and detailed aooount of the application of the money ap propriated in the bill is to be made annually to Congress by the Seoretary of the Treasury with his report, and the aggregate amount of tho bonds canoelled and destroyed is to be given in the monthly statements of the pub . lie debt. The seventh section of the bill refers to ' . the national banks, and provides that on and after tha 1st day of October, 1870, registered bonds .of any denomination not less than $1000, issued under the provisions of the act, ' and no others, shall be deposited with tho . Treasurer of the United States as security for the notes issued to national banking asuocia M tions for circulation, under the act of l July 3, ' 1864, and all national bauk i ing 1 associations organized under said aot . or any amendment thereof, the " bonds of which are then redeemable by these , terms, and as they shall thereafter become re ..deemable are authorized to deposit bond Issued under this aot as seourity for their cir culating notes, within one year from the date ' ' of the passage of this aot, in default of which their right to issue notes for circulation shall be forfeited, and that the Treasurer an! the Comptroller of . the Currency are autho rised and required to take suoh measures ai may be necessary to call in and destroy their outstanding circulations, and to return the bonds held as seourity therefor to the association by whioh they were deposited, , la sums of not less than $1000, provided ' that any such association now ia existence may, npon giving thirty days' notioe to the Comptroller of the Ourrenoy by resolution of Its Board of Direotors, deposit legal-tender ' notes with the Treasurer of the United States to the amount of its outstanding oiroulatiou : and take up the bonds pledged for its redemp tion; and provided further, that not more than one-third of the bond, deposited by any bank as seourity shall be of either of the Classes of bonds authorized in this bill, ia Whioh the maximum rate of interest is fixe l at four and a half or fire per cent, per annum. The eighth section provides that the ftntount of olroulating notes whioh any bank may receive from the Comptroller of the Cur rency under the provisions of the aot of 1861 nay equal but not exoeed eighty per cent, of the bonds deposited, but shall not exoeed in the aggregate the amount to whioh suoh bank may be entitled under that aot. It is further provided that any banking associations organized or to be organize! under the National Ourrenoy aot and the acts amendatory thereof, may, upon depositing with the Treasurer United States notes to an amount not less than $50, 00, reoeive an equal amount of registered twenty-forty four per oent. bonds provided for in this bill, and may deposit the same as the seourity for cir culating notes, and thereupon suoh banking association shall be entitled and shall reoeive olroulating notes upon terms and conditions and to the extent providod in the National Currency aot, and without respect to the MmllAtiou of th aS ;s&wo National currency prescribed by said acts. As circulating notes are issuod under this section, howover. it is directed that an oqual amount of United States notes are to be oan oolled and destroyed. ' This bill will commend itsolf to the people of the United States as a practical method for funding the publio debt, and the new leans authorized under it will undoubtedly become popular and be speedily taken up. The eileot of the bill will be to plaoe our finanoial affair upon a more stable and satisfactory basis than heretofore, and to inspire a hope that we will be able to relieve oursolves of the burden of our debt with comparative ease and within a reasonable period. ' IDE DORDHIi RAID DILL. ... Tdk scheme for fleeoing the tax-payers of Pennsylvania, which has been aptly oallod the Border Raid bill, has reoeived the en dorsement of the Committee of Ways and Means of the lower branch of the State Legislature. - Our vigilant Ilarrisburg corre spondent informs us that this extraordinary action is not attributed to the intrinsio merits of the proposed measure, and he does not even insinuate that the influences whioh are popularly supposed to be most powerful with legislators and legislative committees were employed, lie tells us that the favorable report was prooured by "the pathetio appeals of a member from Franklin oounty, who is said to have been affected almost to tears." If this explanation is correot, Pennsyl vania must no longer be derided as the home of the phlegmatio German and the prudent Quaker. If there is any sense or stamina in her representative men, some little shore at least of these qualities should be infused into the committee ohosen to deoide how the revenues of the State shall be disbursed. Yet we are told that these sagaoious financiers have suffered themselves to be moved by pathos to reoommend that millions of money be voted away. And if anybody wonders how or why the appeals of melting charity proved bo effloaoious, he need only be reminded that it is said that the list of members of the committee voting for the bill embraoes two of the shining lights of the Philadelphia dologation the philanthropic Josephs and the sympathetic Davis Pure and tender hearts like theirs cannot be expected to resist the temptation to vote away the money of their constituents, when payment is demanded for the old bon nets, worn-out boots, feaoe-rails, hoops, and pettiooats carried off by the Rebels. The passage of the Border Raid bill will praoti cally impose a new tax of one dollar on nearly every man, woman, and child in the Commonwealth of Pennsylvania. It will give to claim speculators, lobbyists, and their legislative allies, at one fell swoop, nearly as much money as the State Treasury contributes in ten years to tne sup port of common schools. But what of that ? The member from Franklin oounty was af fected not quite, but almost, to tears and what right have tax-payers to expeot the Committee of NVaya and Means to protect their interests against suoh a heart-rending appeal ? It is not even pretended that the State is bound in justice to pay the border claim bills, but who can resist the claims of charity ? It has been proposed that the sol diers' orphans' schools should be broken up, and it has been decided over and over again that the State cannot afford to make liberal appropriations from the State Treasury for other educational purposes, and that it has not the means to do, in a liberal spirit, a single useful thing for the general welfare, but why should the Committee of Ways and Means care for such a bagatelle as two or three millions of dollars when the member from Franklin county almost cries ? His tears must be stopped at any prioe. Some men are so sternly constituted that even the boLb and sighs of the gentler sex would scarcely impel them to deplete their pooket- books. But let Philadelphians rejoice that Davis and Josephs do not beloncr to this heartless category. They are ready to mulct their constituents in an expenditure which will cost this city alone nearly a million of dollurs, and they do not even wait until the gushing Franklin county member begins to weep, but they nobly rush forward to arrest the briny flow with three millions of greenbacks. After this exhibition of their goodness, who will dare to deny that the voters of this city anted wisely in re-electing last fall buch paragons of humanity? RELIGIOUS NOTICES, n&y 8T. CLEMENT'S CnURCH, TWKN- T1MH and (JHKRKY Str.ots.-DuriimLe.il, arTioa and sermon everj WedBada aud Monday evu 1UK nd Choral senriua. Butt fro. bervio. 1'u-muiruw evening at 7v o'clock. y . jt teX UNION RELIGIOUS SERVICE8 AT00N- OKKT H A. Mi, O rl Kill UT Mlraat, abov. IValfth.ua HABBA'I H KVkMNU, Uth.atT. Ke. Ur. A. NKVM will preach ti a ttrat sermon, buhjact, "Uhratiaa Union." beau trea. All are cordially inritad to sUsnd. ORIENTAL AND BIBLE LANdZI. Two Illustrated Lao-area, by Hon. ISdAUL 8. PI Kill., la IraUKO DWAY M. K. HliRUtl,(Jamda oa IUN DAY and TUhbDAY UVBN1NUH, Marnn U and 15, at 7t o'oluvk. '1'tokeu, oenta. U it tvw- NORTH TENTn STREET PRESBYTE- """ Rl AN OHUrV'H. Del .w Oirard aranus, , e. MATTHEW NCWKIHK. 'aster, will preaco IVmi.row atlOXA.M. "Bine of Omlaaion." At 7 f. M.,;"Oi.rist at the Door." CHRIST CHURCH, OERMANTOWN. I the morninf ei vloniaa mual at 10 o'olook. In the eTeniDK the K WILLIAM f. OU1UU i will uraaatt tha subjacs of "Missions im the Vioomu ol r.aasL vaai' ." LUTHERB UM ENGLn LUTHERAN CHURCH, TWKLKI II and OXVOKO Htrenta, He. I. M. PRIOtt, Paator.-lH, "Kartuea Vat aoU." keTlraJ aurvioea. Free pews. fir CENTRtL PRESBYTERIAN CnURCn, RIUHTH and CJHH:itRYbtreit Her. A. KHKI), D. D., will Vraacb To-morrow (Kabbatb) Alumina, at 10 o'clock aad in tha erenina at 7)6 o'clock. tQT ALEXANDER PRESBYTERIAN OHUROH. MlNkTHlCNTHandtiRKENStraoU. Pfoaco'" Tonmorrow at UK o'olook A. af by RjT. li COOK land at 1H KM. by Uer. fl. O. p- GRACE CHURCH, TWELFTH AND '. a k M.)L)Mnjim narrow - a 'Lit gS? REV. C. WADS WORTH, D. D.. Pant or, will Drnach Tomorrow, in the THI'tlJ RKrORMlOt CH If HUH, TKNI'U and i'lLBMHt street, bervloe at lo A. M. and 1 P M. RELIQIOUS NOTIOES. j llit bJ(iltlth.MU ANNIVERSARY ajfc nf tha H.l.h.i.h Hchnnla of tha HKOOND K K- KttRMi-l) ( III h( II, h,VKVlIl dirl,l(rwe llmwa, will la l.nl.l on Wh.UM-r.DAY K V fcNIMi, March 4J, 111 lot, limy Ix) had at WinnrVa Vnalo ".tore. No, H N ri(i)ilh alroal.and at Kr-nneiy'i Um Stont, SnTnnth anH I r .1,. . i H H H fifetf- A DI&CIM RSR CoMMEMOR VT1VK of the late ISA AO ASHMKAI) Jan., will ha prracfcrd hy tha K. UK)a('K H.WI WklX.D. !.. na 1 lnth MoiDisnt, I3ib. In 1RHF.N H ILL PHRmBY ThMAN UHUHUIt. olHARU Arinaa,, above bn- lr,n,n ..... Wltlaa and frlondai(inlnlly lil'01, 8EVKNTH HKKSUYlEK AN CHUKOIt. P.KOAD Htnwtand PhNN Siriaro. R. HRXHV O. M(i( OOK, Pmuy, will preach 'I o n i nrmw. l:tn In at. I' I d A. I" and 8'4 P. M Hubject in the afternoon - "Tim l'pllcn man " t mar clinton street church, tenth Ftreat. below Bnrnca Be. ALBKR'P BAHIUKH wllnra. hTo-morroat H' A. M At IV P. H. Rot. Mr. HKNTON.o Molina l.ehannn. Nyri. will apeak on lrl nl of " Vt oman'a Miaaioa In Heathen Land " All eor dial.T Invltrrl. . . Rfej RKV. A. a. Wll-LIiS, l. I)., WILL preach In tha WPSTARCH KTRK.KT PBRHBV. 1 PRIAM (JHl'ROH, 'Po-morrow, at 0(4 A. M , and by apodal raqnrat will rrpent hia awmon on tha "ilaof lntvrureranoe."at 1H r. M. Lominanion eemoe in the morning. ter TABERNACLE BAPTIST CHURCH, Cheanut atreot, wwt of Klghtonnth ttroat. RKV. OKOKdK A. PKLTiS will preach to-morrow Morning and Krenin. Serrioeaooov manceat lu aud 7H o'clock. Bfejy- WiST PKUCE 8 I'REET CHURCH, 8E- VKM KKNTHand hPhllCK Streeta. Rot. W. P. BRHI). 1. 1 will pre,ch Tomorrow at ld A. M., and Hot. Dr. K. 1L 11KAULK in the eT'ninff at 7" o'clock. ttfff TnE FIRST PRESBYTERIAN CHURCH. " WAHHINdTON BWl'ARK. Rof. UKRRIOK JOHNHk,D V., Paator, will proaoh To-morrow, at 1S A. M.and7 P. M. tieg- ARCH STREET M. E. CHURCn. BfT. Pr. KYMKTTK To-morrow, at lil4 A.M. Rev. O. H. PAYNKat7 P, M, btrwiKerainTitad. fj- REV. WILLIAM 8. OWENS, NORTn U. P. CHURCH. MA8TKR bwoet. abora Kif. teonth. at 10 H A. M. and DtP.M, TRINITY M. E. CHURCn, EIGHTH Blreoi. aboe Race. Re. R. W. UUMPII1U8S, at I0H A. M. and 1 P. M. Strangara InriUd. SPEOIAt- NOTIOES. agy- TO THE STOCKHOLDERS OF THE WKROANTILK LIBRARY UUMPANY. The Board ol Dlreotora havin failed to oarry out the resolution inatraoiinK tbxm to open the Library on Sua data, which aa paaned by a lr majority at the meetinf ol the Company hold Fthraary In, all atockholdora, wbe tber in lavor oi eonday npi nmit or not, who bold th.it tha liirectora are bound to obny the instructions oitbo tnera at the uietina ot the Couipnoy, are invited to meet at Oi l HtniuuUutat Uull, .S. !'. rorner K HOAIJ and WALNUT atrria, on 7W"iy evening. u'h iint , iU 8 o'rloA, to exproaa their disapprobation of tbo oourao uursued by the board, and to lake auoh action in the premiaea aa thoy may deem expediont. V 1 iiuru V. MoOrath. n. Murran KIdridge, H. M Anderson, Aibart U. Krealand, John it. Kodnar, John O UranKOr. H. f. Hart, 8. 'atnor, Jr., Katnuol W. Pennypaoker, Kilward .1. Tiel, )'iioph ti. Pulte, 'I tioiuas Hooklny, John It. SuiulTor H. K. Kaircriove. 11 K. Dallnin. H. I'nnc4ti Oimmhs, J. Wa-nnr Knox, O. W. McMillan. Kdward II. Tyson, .1. K,. K.Zfh, 11. T. Miiliican, A. Woasell. Stephon I'affnn, Anil others. 8 iUthstuSt Thoruaa K. H akemoro, Ilarrt O. Htintor, A. J. tia luai or, (Iharlo-.l. Kainey, M. Paxron. Charlra P. Hickurll, A. K. Womra.h, John Nuble. John A. bioun, 'I'boiuaa Jr iam, Wil mm It W'etbrill, Cbailea A. I.jr n, ,l( tin A bi yor, F K Won rtli, Jia. ph Ooo r, Kicunrd VV PuitS, Jobn Hrakina, ('h:'riea llonry Ronoy, J. Hnriy I'imiIkIo, Char'ea llnakins, 1 4 uia bbhw, Tt on aa Mollwca, rrfcjy- THE BOARD OF MANAGERS OF THE PHII AliKI.PHIA, GKRM ANTOWH AND NOR RIfTuWN HAII.KOAll Ol IMP A NY hare thia day do olared a dividend of fcTVK PKIlCKdT. on theOapitl htnrk, payabln, dear of tax, on and after tho iirst of April next, ilio transfer books of the company will be closed on the 1Mb, instant, and remain olosud until the first of -inil. A. UJUUHKRrY, Treaauror. Maitii II.. 1870. 8 ia3t ttgj?" HOOFLAND'S GERMAN BITTERS Stn-nK'hprtB ih Debilitated. D HOOFLAND'S GERMAN BITTER8 Strengt hens t he fonaumptive. 1 HOOFLAND'S GERMAN BITTERS Cures Marnsmui1, : jjjay HOOFLAND'S GERMAN BITTERS Curei Kidiie) C'orrplaints. 1 jgg- HOOFLAND'S GERMAN BITTERS Cures Female ('oniii'iiinta. jfy- HOOFLAND'S GERMAN BITTERS Cures "never woll' people. ngy HOOFLAND'S GERMAN BITTERS Will give an appetite. fiftf HOOFLANL'S GERMAN BITTERS Cures Liver Comp'aint. jf- nOOFLAN D'S GERMAN BITTERS Cuiea lspupsia. HOOFLAND'S GERMAN BITTER3 Gives BtrenRtb to the system, HOOFLAND'S GERMAN BITTERS f u e- ! nmiico. jjtjy HOOFLAND'S GERMAN BITTERS Strikes at the root of the Disease. jgy n 00 FLAN D'S GERMAN BITTERS O v, s a apod apnetite. , UaT' HOOrTAND'S GERMAN BITTERS Civeg energy. ggr HcOFLAND'S GERMAN BITTERS Cures Netvousnoss. Bfew- HOOfLAND Puiifles the Blood. GERMAN BITTERS HOOFLAND'S GERMAN The best bpring Mediolne. BITTERS $r HOOFLAND'S GERMAN Reulats the Bowela. BITTERS ggy HOOFLAND'S GERMAN Excito8 tha Torpid Liver. BITTERi Hay HOOFLAND'S GERMAN The bet pbysicinna reoomiuentl. BITTERS HOOFLAND'S ' GERMAN BITTERS Will Rive outhlul vigor. Efey HOOFLAND'S GERMAN BITTERS Is free from liquor. Principal Oihce, No. 631 AUOli btreot, Philaotlphia, Ha, It GROCERIES, ETOs 1809. "yy ABB ANTED GENUINE OLD Government Java Coffee, lloafcted every day. at 40 cents per pound, at COUSTY'S East End Grocery, No. 118 South SECOND St., ITttutot BELOW CHKflWPT 8TRBKT. OIOAR8. J UST RECEIVED, SMALL LOT OHOI0B HAVANA CIGARS. FOR 8ALB BY Cfc C. Hf.O'CAL.aLA.OIIA.IV 4c CO., tip 61 rp Ho. MCX VTALNOT Btreot. FOR SALE. m COUNTRY SEAT AND FARM FOR ga Lii BAl.K.-w ur mo ,oreli Rriatol Plka, aoove oynn niile stone, and near Taoon Station. Uanaiia House and (Jounirr btors and lwallinis to let. A pub; en pramiaea. or to R. WHITAKKR, It No. 610 lAJOUa I' btraat. MCCXXVIII svaotfollr intona Ua dartakora that, in order to anaet tha inoraaaad demand for mj patent BURJ AL UAUbVlt't'H, I have tskkaa tha law Factor at ,, t Mo. lit BIDUB A V KNUR Witij my enutnred lacilitia I am now prepared to sap. ABOUT NEXT GOODS! OLE AR AN OE SALE! AT MILL. KEN'S STORES, New Store, No. 1128 CIIESNUT STREET, Old . Store, No. 828 ARCH .STREET. PUKTUER BEDUCTIONS IN 1XHCISSS he extent of from 25 to 05 For Cent. Wo intend to clear off our entire surplus stock of Idncn Goods, and in order to do so as speedily as possible, wo will givo BONA lIIXE BARGAINS! t Rare Chances for Ffno Tablo Cloths, Napkins, Doylies Table Linens by tho yard, Towellngs, Linen Hand kerchiefs. Dest Makes Shirtine Linens, Oamsley and Irish Sheetings, Pillow-Casings, Etc, Etc. Etc. tt4 Opening of HOMER, COLLADAY & GO. WILL EXHIBIT On MONDAY, March 14, THE LATEST NOVELTIES IN . PAEIS STYLES AND TEXTURES FOR SPRING WEAR. Ncs. 1412 and 1414 CIIESNUT STREET, ' 1 1 et4p 1S70. SIPTJITVO EYRE & FOURTH and ABE OPKNINQTO-DAT SPLENDID FRENCH CBTNTZE8. PEhCALB KOBB8, THKEK FLOUNCES. RICH 8PBINO f-EKCALES, OKGANDY LAWN ROBES. JAPANESE FIGURED 8ILK& JAPANESE PLAIN blLDS. NEAT STKIPE AND FIGUBED 8ILK8. GEORGE A. A UOEIMRIED, j KIIirPEIt. ATSI DEALER, PKEPAEED IldNEYBROOK COAL, . ; PIER 23, FOOT OF CALLOVHILL STREET. AND COMMERCIAL EXCHANGE ROOMS. XVo. 421 WAIWUT Street. . DRY GOODS. NEW SPRING GOODS FOR 1870. EDWIN HALL & CO., No. 28 SOUTH SECOND STREET, OPENED THIS DAY. ' CHECK SILKS ftt fl. COLORED SILKS at 1168. GREY SThlPBS AD PLAIDS, $1-85. JAPANESE SILKS. 8TEKL SATIN bKKGES. BILK POPLINS. BILK CORDED POPLINS. FRENCH CHINTZES. FIGURED PERCALES. BRIGHT PLAIDS FUR CHILDREN. Hew Styles of Dreis Gocda Open Daily. ALL OF WHICH VWLL BE BOLD AT THE LOW EST MARKET PRICES. EDWIN HALL & CO., No. 28 SOUTH SECOND STREET, It iraUV IatlLAJJaLPIOA, Spring Suits. PniLAOHLPHIA. OOOIS. 1SVO LARIDELL, ARCH Streets, FOK SPBINO SALES, NEW STOCK Of PLAIN SILKS. BEST BLACK 8ILKH MADE. r AISLE? LONG AND SQUABS SHAWLS. LAMA POINTS AND JACKETS. MARIE ANTOINETTES AND FICHUS. 4X0 YARDS PLAID SPRING SILKS, $1. POPLINS, NEW SPRING STOCK. S 19 3t FURNITURE, ETC A V E R I L L BARLOW, HanQfactorer, Wholesale and Botall Doaler la CABITJET rURHXTUXlE, FACTORY, 11S and 1188 CHARLOTTE Street. Wareroomi, No. U17 CHESNUT St., PHILADELPHIA. Fnrnltara at private sale, at manufaotarera'prioea. Auction Sales evert Turaday at 1 A H. OanaifrnmenU aoUolted frnru Orat-olaM manufao turrr. aud uealera. All gooda warranted. I liurp B. SOOT 1', Ja., Aaotloneer. FOR 1 HE LADIES. jyK HAVE RECEIVED AN INVOICE OP OUR CELEBRATED BOMBAZINE FINISH ALPACAS. The Mine make of good. U not kept by an other noose. PERKINS k CO., 0 Sooth HUMTH Street. I U IsMttutmaf faiir.AIs.t.PIU, INSURANCE. JANUARY I, 1870. CONTINENTAL LIFE INSURANCE CO. OF HEW YORK. Offices, Continental Buildings, Noa. 22, 24, and 2G NASSAU STREET NEW YORK CITY. No.of Policies Issued in 1809. 8,778 Amount insured in 18C9. .. 91,910,000 VVholo No. of Policies Is sued by Company 90,87S IN CO .HC For lbC9 l,IO,9a9fft llM1JKNKni3T8, Including losses paid, 1 164,250. 59 8,00 170 iTiii:ii), Return Prcmlumns, and purchased Policies $151,40407 AINET. Cash In Banks and in Company's Olflce 160,T106 United States Bonds 115,3500 Bonds and Mortgages 290,00s1- Premium Loans soourod 1,174,055'M (The actoaiial value of tha Po Mo. ao- . earmgttioselAar.Uabiut(s,ffiUK)U.) ' Loans on Stocks.. 74,17841 Deferred Premiums, Soml-annual and Quarterly 807.008 SI Real Estate in Now York 331,750 W Premiums at Agencies, aud Office Premiums in courso of collec tion 52S.01SP5 Accrued Interest and Suudry Se curities 49,23531 Total.......... $3,500,10980 Proptjsg of Company since organization, com piled from Now York official reports: Policies bsued in I860 (0 mos). 1405 $3,907,100 " " 1867 4188 9,970,W9 " " 1868 6004 16,368,130 " " 1869 8778 31,2J,C0 THE CONTINENTAL thus closes mi crow n8 the year 18G'J with a record of whioh any company might well be proud, and now bearing the palm and prestige of nnequaled success, and in view of the following impor tant changes and improvements in their plan of doing business, which hare so reoentiy been made, they enter upon 1870 with jet brighter auspices than have marked the open ing of any previous year. THE DISTRIBUTION OP SURPLUS! to Policy Holders, hereafter, is to be made upon the so-called "Contribution l'lan," which has become so universally popular in this ooun try, and whioh is stated by actuaries of tha highest talent to be the most equitable mods of making such distribution. THE DIVIDENDS on all Cash Polioies will be available annually, after two annual pre mivms shall have been paid, and will be ap plied to the reduction of the third annual premium, or to the purohase of additional in surance. ' THE DIVIDENDS an Loan Policies will bt available and settled annually, after three annual premiums shall have been paid. THE STOCKHOLDERS, having becom$ convinced that the welfare of Vie Com pany and its Policy llolders require it, hate unanimously consented that in future dividends upon stock shall be limited to seven per cent, (legal interest), thus making . the C0NT1NENTA L a pdbkly mutual oompamt. Espeoial attention is directed to these im portant improvements, as evinoing conclu sively a determination to leave nothiug un done which may add to the advantages already possessed by the CONTINENTAL, thus in creasing its popularity as a in odium for in snranoe. PBESIDBNT, JUSTUS IAWKENCE. SECRETARY. j. r. noaERs. WINTER & JEWELL, Blanagersi and Buperlntendetmta of Affenole for the State t Feanaylranla. o r r i c m. No. 425 CHESNUT St., PHILADELPHIA. To gentlemen unemployed desirous of aa gaging in Insurance, liberal arrangem.oa.ta will b made with m aw YT UVW & JEWELL, 1
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