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