G THE DAILY -EVEN iHG TELEGRAPH PHILADELPHIA THURSDAY, JULY 21, 1870. the war in Eunorc. ITS FINANCIAL ASPECT. DKliTH OF THE DELLlCiEUENTS. Onr civil war proved the vital importance of a large revenue in determining the fate of an armed conflict. Military operations were never more expensive than at present, and, as in the case of Spain, nations are liable in the progress of hostilities to find themselvei with an ample nnmber of men without the ability to place them in the field. It is there fore necessary, in order to fully comprehend the strength of the belligerents in the present conflict, to know their revenues, expendi tures, and liabilities. Tho following state ments fnrnibh ample details on these impor tant matters: FRANCE. The total revenue received in France last year was f l-:,7U,.M), being $5l,W)(),(;i2 in excess of our own. This sum was raised by customs duties and an elaborate system of inland revenue, which directly affects all in terests in the empire. The principal items cf this revenue were: Direct taxes fi;.V0:5,7:52 Registration, duties, and stamps.. M, 78!), 200 Cnstortis and salt duties 20,724,000 Departmental and communal taxes r,G40jl;0 Vine and spirit duties 4i;,!)43,?0i) Tobacco monopoly 4.1,r31,'00 These figures serve to show tho sources re lied upon for revenue in France, and which will have to bear in the future a largo portion of tho present war expenditure. The estimated expenditure for the same period was .$ 440,(;;8,1.')0, formed of items such as the following: Interest on the funded and float ing debt 74,440,153 Ministry of the Interior 40,04!),5,S7 Ministry of War 74,172,1." Ministry of Finance 23,88!),5."i Ministry of Marine and Colonies. :52,2G7,;st Collection of revenue 40,855,022 The military expenditure of France during a year of profound peace was, it appears, in round numbers, $74,000,000; such being the burden entailed by the French standing army of 404,000 men, irrespective of their forced withdrawal from productive industry. The Marine was in addition exacting so far as to require, including colonial expenditure, the sum of $;2,2(i7,(i84. In the presence of this large revenue it cannot be said that France is, as the United States were, at the commence ment of hostilities, free for years from heavy taxation, and consequently all the better pre pared to meet the burdens of war. On the contrary, her expenditure was augmented in the following extraordinary proportions, and has since these years rather increased than diminished: 1J-I52 $371,000,000 1855 $131,000,000 1850 422,400, 000 1857 457,400,000 1853 441,000,000 1854 410,800,000 The ordinary revenue in the twelve years from the establishment of the Empire till the end of 1803 increased from $207,000,000 to $452,800,000, while the expenditure aug mented in the same twelve years from $302,000,0(0 to $457,400,000. With the ex ception of 1855, when the revenue was raised high above the average by special means, there was not a year without a large deficit. To cover the ever-recurring financial deficits the Government, between the years 1851 and 1 808, procured a series of loans, six in num ber, in sums as to nominal capital, varying between $50,000,000 and $150,000,000. These loans were raised on the now prin ciple, that of borrowing not from a few large banking houses acting as agents, but directly from the people, or the mass of small capitalists, both in France and other countries. This course, which will be very generally resorted to should the exigencies of the present war require heavy loans, was highly successful. The fifth loan, for in stance, which was offered in 1 85!) and issued at CO francs 30c, bearing 1 per cent, interest, was received with the offer on the part of half a million persons of 4,487,000,000 francs, or sixteen times the amount required. The following shows the cost of the three principal wars of the Empire, and the drain npon the population which they caused: Coirt. Loss of .Vm. Crimean war $1,700,000,000 80,000 00,000 05,000 Austrian war 300,000,000 Chinese and Mexican wars 200,000,000 Total $ 2, 200, 000, 000 205, ( )( M) In connection with the increased expendi ture referred to it should be borne in mind that the material wealth of France has rapidly increased, mainly owing to the in tervals of peace which she enjoyed. Her home industries have suffered from the ope ration of the commercial treaty with Eng land, but despite that their expansion has Leen great and general, if we except ship building. The imports and exports in 1800 and 1808 contrast as follows: Imports. Exports. Total. 1 8;0.$370, 4;0,005 $ 455,425, 223 $831, W, 188 180B... 070,714,400 581,35,000 1,201,072, 100 One legacy which Napoleon III will leave France is an enormous increase in her na tional debt. It was, in 1853, $1,103,238,010. In 1808 it was $2,7o6,344,022, or two and a half times greater. This is exclusive of a 'floating debt amounting to about $173,200,000, consisting of treasury bills, funds from savings banks, the army donation fnnd, and other liabilities. This debt, as stated in thetevenue returns, entails an annual interest of $74,410,153, which is, however, much below the United States appropriation for the same purpose last year, which was $130,004,242. Despite the increase in the national debt, French credit has improved. On June 20, before the fears of war awakened the tremulous capi talists, rentes bearing 4 per cent, interest sold for 104, and 3 per cenfs for 72 05. The computed value of the real property in France is $1G,000,000,000. The rural pro perties are valued at $10, 000,000,000, and the town properties and buildings at $0,0!H), 000,000. NOBTH GERMAN CONFEDERATION. The revenne and expenditure of the North German Confederation for Federal purposes is sot large. The Federal budget for the year 1870, passed by the Diet April 'M, lsti'.i, was based npon estimates of expenditure, in round numbers, of $50,000,000, tobd covered to the extent of $3!),(HM))000 by Prussia, and the remainder by the other States of the Vnion. The total expenditure for 18t;o wan calculated at 72,7:5l,G01, or about $54,550, !:,), of which the ordinary and extraordinary disbursements were distributed as follows: For the Federal Chancellery, etc... 103,013 For Consulates 275,050 For the Federal Army 00,310,275 For tLf IVUral Navy.. 1,80070 EXTRAORDINARY. EXPENDITURE. For the Federal Chancellery 150,000 For the General Tost Administra tion 27,!W For Telegraphs : 322,780 For the Federal Navy 3,550,00 ) The estimates for this year are, of course, now far below what will be required. trushia. The revenne of Prussia, according to the budget accounts, in 18(!) was $125,052,370; end the expenditure the same. The revenue and expenditure of Frussia has since 1805 been almost stationary, and no deficits have marked her annual financial returns, "a fea ture unusual in most European budgets. This revenue in 180!) was raisod to the extent of 42,000,000 thalers from direct and from in direct taxes to the amount of 18,!)07,2:!) thalers, which includes the share of the Zoll verein customs. The State railroads, mines, forges, and other Government monopolies yielded the greater part of the balance. In the estimate for 180!) the branches of expenditure were as follows: EXPENDITURE FOR THE YEAR 180!). Current Expenditure. Thalers. Ministry of Finance 17,017,117 Ministry of Commerce and Fublic Works 41,003,775 Ministry of State 73,250 Total current expenditure 5'J,2!)4, 118 A dviiimlratioe Exjenditure. Ministry of Finance 32,020,058 Ministry of Commerce and Public Works 0,018,871 Ministry of Justine 15,!) 13,780 Ministry of the Interior 8,242,488 Ministry of Agriculture 2,283,018 Ministry of Public Instruction and Ecclesiastical Affairs 0,222,004 Ministry of State 3!) 1,05!) Ministry of Foreign Affairs 014,030 Charges for the llohenzollern ter ritory 220,028 Total administrative expend. ..75,207,30!) Charge on Connolitlat-d fund. . Addition to the "Krondotation"' of the King 1,500,000 Interest on public debt, including railway debt 10,073,037 Sinking fund of debt 8,178,433 Annuities 420,753 Chamber of Lords 40,010 Chamber of Deputies 213,000 Miscellaneous 122,807 Total charges on Consolidated Fund 27,488,510 lotal ordinary expenditure 1G2,0.0,057 Extraordinary expenditure ,480,437 107,530,404 The public debt of Prussia is very light, and has been almost entirely incurred since 1850. While six and a half years of the large French annual revenue is represented by the amount of the French debt, that of Prussia amounts to only two and a half years of her moderate annual receipts. The total debt of the kingdom, both old and new provinces, amounts to $188,407,520, exclusive of the small liabilities incurred by the annexed pro vinces for the establishment of State rail roads. The revenue and expenditure of the other German States are unimportant. The same economy is apparent in their financial aff airs as in the Prussian, the standing armies being the only 6erious burden. It follows from the solvency and well- managed finances of Prussia that her credit is untarnished. During fifty-five years the German people have (exoepting the recent Austrian war) been undisturbed by war, and have been enabled to develop the immense resources of their fertile territory and aeon mulate immense material wealth. CITY ORDINANCES. QOMM0N COUNCIL OF PHILADELPHIA, ULEUK 8 UFFICE. Philadelphia, July 8, 1870. f In accordance with a resolution adopted by the Common Council of the city of Philadelphia on inursaay, tne Tin aay oi July. 1S7U. the annexed bill, entitled "An Ordinance to Create a Lean for a House of Correction," is hereby puDiiscea ior puouc lniormauon. John Eckstein, Clerk of Common Council A N iV To ORDINANCE To Create a Loan for a House of Correction Section 1. The Select and Common Councils of the Citv of Philadelphia do ordain. That the Mayor ot Philadelphia be and he is hereby authorized to borrow, at not less than par, on the credit of the city, from time to time, for a House of Correction, five hundred thousand dollars, for which interest, not to exceed the rate of six per cent, per annum, shall be paid half yearly on the first days of January and July, at the office of the City Treasurer. The principal of said loan shall be payable and paid at the expiration of thirty years from the date of the same, and not before, without the consent of the holders thereof; and the certificates therefor, in the usual form of the certiiicates of city loan, shall be issued In such amounts as the lenders may require, but not for any fractional part of one hundred dollars, or, If required in amounts of five hundred or one thousand dollars: and it shall be expressed in said certili cates that the loan therein mentioned and the interest thereof are payable free from all taxes Section 3. Whenever any loan shall be made by virtue thereof, there shall be, by force of this ordinance, annually appropriated out ot tne in come of the corporate estates and from the sum raised by taxation a sum sufficient to pay the Interest on said certificates; and the further sum of three-tenths. of one per centum on the par value of such certificates so Issued, shall bo appropriated quarterly out of said income and taxes to a sinking fund, which fund and its ac cumulations are hereby especially pledged for the redemption ftud payment of said certiii cates. RESOLUTION TO PUBLISH A LOAN BILL. Besolved, That the Clerk of Common Coun cil be authorized to publish In two daily news papers of this city daily for four weeks, the ordinance presented to the Common Council on Thursday, July 7, 1870, entitled "An ordi nance to create a loan for a House of Correction-," and the said Clerk, at the stated meeting of Councils after the expiration of four weeks from the first day of said publication, shall pre sent to this Council one of each of said news- Eapers for every day In which the same skall ave been made. 7 8 S4t PATENTS. STATE RIGHTS FOR SALE. 8TATE Right, of valaabl. Invf ntion just patented, and for tbe SLIUlNU. CUTTING, and CHIPPING of dnad b.ef, cabbage, eto., ara hereby ottered for aale. It ia an artiola Of great value to proprietors of hotele and rentauranta, andit should be Introduced into every family. STATU MCiHTS for ealeTTModel can be seen at Th.LKattA.Pll O. ICE. OOUPKRb Pot T J DT jjoFKMAN. FIRE AND BURGLAR PROOF 8AF1 J. WATSON & SOff, Of the Ut Arm of EVANS A WATSON, FIRE AND BURGLAR-PROOF S A 1? K H T O It 1C, No. 53 SOUTH FOURTH STREET, t Pi A lM 49W ab9f betot it., PbUkdA, AUOTION. T K U 8 T E K S' 8 A L E S T A T E or tuk FREEDOM IRON AND STEEL COM PANT. The turterstgned, Mortgagees ami Trustees under the mortgage oftha FREEDOM IRON AND STB Kb COMPANY, whlrh bsars date February 1, 1367, under and pursuant to a request and notice of creditors, given under the provisions of the said niortpnge, for default of payment of Interest, Will sell at public sale, at tne Philadelphia Ex change, on TUESDAY, the S7M day of September, . D. is;n, at 12 o'clock noon, by M. THOMAS & SONS, Auctioneers. All tbe lands, tenements, hereditaments, and real estate of whatsoever kind and wheresoever situate nod being of the said Freedom Iron and Steel Com pany, and all the buildings, machine shops, machi nery, fixtures, forges, furnaces, grist mill, ore rights, stationary engines, saw mills, railroads and cars ef every kind belonging to the said Company granted in mortgage by the said Company to us by the Bald mortgage, viz. : About thirty-nine thousand (3!),000) acrc9 of land In Milllln and Huntingdon counties, Pennsylvania, on which there are erected extensive steel works, four (4) charcoal blast furnaces, and numerous shops and buildings, to wit: The property known as the Freedom Iron and Steel Works, In Miltlin county, Pennsylvania, com prising two hundred and eighty-nine (2S9) acres of land. One (1) charcoal blast furnace, Bessemer steel converting house, hammer shop, rail and plate mill, steam forge, tyre mill, water-power bloomery, cast steel works, foundry and machine shops, old forge, smith shop, carpenter shop, store with warehouse attached, mansion house, o'tlces, 64 dwelling houses saw-mill, lime-kiln, stables and other buildings, with stationery engines, machinery, and fixtures. Also, the property known as the Greenwood Ore Bank, In Union township, Milllln county, containing 91 acres of land, and 20 dwelling houses and stables. Also, the property known as the Week's Saw Mill, in the same county, containing 23S8 acres of land, with mill and all the machinery and appurtenances thereof. With two small tracts or land la Derry township, Milllln county, each containing about one acre, more or less, respectively known as the Cun ningham and Ryan lots, and two small tracts of land, containing about one acre and one-fourth of an acre, respectively, known as the Hostetter lot, and the Stronp House and lot, in Union township, Milllln county. Also, about 17,400 acres of unseated lands, in Milllln county. Also, the right to take ore on the Muthersbaugh farm, in Decatur township, Milllln county, at a royalty of 25 cents per ton. Together with about 007 acres of land, In Hunting don county, known as the Greenwood Furnace tract, with two charcoal blast furnaces, known as the Greenwood Furnaces, with engines and fixtures, with mansion house, 17 stables, carpenter shoo. blacksmith shop, 82 dwelling houses, oiilces and store, one grist mill, with stable and bulldngs of every description, railroad and ore cars. Also, the property known as the Monroe Furnace, in liarre township, Huntingdon county, containing about 179 acres of land, with nine dwelling-houses, stables, carpenter Bhop, smith Bhop, store and office building. AIeo, about 17,200 acres of land, In Huntingdon county (of which 637 acres are seated and partly im proved). Together with all and singular tbe corpo rate rights, privileges, and franchises of the said Company. The foregoing properties will be sold in one parcel or lot, in payment of the bonds of tho said Freedom Iron and Steel Company, amounting to $500,000, with Interest from February 1, 1909, secured by the said mortgage to the trustees, under the terms of which this sale is made, the said mortgage being a first mortgage on the said property. The terms of tale of tbe property above described will be aa fol lows: 12000 in cash, to be paid when the property Is struck oir. The balance te be paid in cash upon the execution of the deed to the purchaser, Tbe Trustees will also sell at the same time and place, and under the same request and notice of creditors, all the right, title, and Interest of the Trustees, as mortgagees In trust, of, in, and to tbe following described properties, viz. : Tbe property known as the Yoder Farm, In Brown townBhlp, MiMlln county, containing 1&8 acres, 124 perches, composed of two tracts as follows: Beginning at stone in road, thence by land of John D. Barr, north 63 degrees east, 102 5-10 perches to stone; thence by land of Joseph B. Zook, north 4i,v degrees west, 202 3-10 perches, to stone ; thence by land of John Uooley, south 46)i degrees west 102 1-10 perches, to stone ; thence south 44 V degrees east, 190 6-10 perches, to the place of beginning contain leg one hundred and twenty-five acres and twelve perches net measure, Also all that other certain tract of land adjoining above, beginning at stone in road, thence up said road, north 44 deg. west, 67 5-10 perches, to stone ; thence by land of John Uooley, south 45 x deg. west, 79 6-10 perces to stones; thence by land of David L. Yoder, south 42 deg. east, 66 8-10 perches, to stone in road; thence along said road and by land of Gideon Y oder, north 4ti,V deg. east, 81 1-10 perches, to the place of beginning containing thirty-three acres and one hundred and twelve perches, net mea sure. The same being subject to mortgage given to secure bonds, amounting to U,733-34, upon issoo of which Interest is due from April 1, 1SS9, and on balance of Bald bonds interest U due from April 1, iscs. Also, the property known as the Williams farm, as follows: All that certain tract of land situate in Derry township, Mlillin county, Pa., bounded and described b follows: Beginning at a chesnut, corner of lands of Philip Mart, thence by lands of William Ucnney and Samuel McManamy, north 37 degrees west, ,9tf perches, to a hickory ; thence by lands of Samuel McManamy, north 17 degrees west, 17 perches; thence by land of James M. Martin, south 75 de grees west, 22 perches, to a post ; theuce by land of Johnston bigler, south 57 degrees west, 109 perches, to a hickory ; thence by lands of Peter Towuaend's heirs, south 37 degrees east, 91 perches, to stones ; thence by land of heirs of John McDouell, deceased, and Mrs. Mcllvaln, north 60 degrees east, perches, to a post; thence by land of Philip Martz, north 70X degrees east, 89' perches, to the place of beginning containing one hundred and seven acres and twenty-nine perches of land, and allowance. 1 his property ia charged with a mortgage, given to secure bonds for 11250, with Interest at 6 per cent, per annum, from November 8, 136S, Also, the property kuown as the Stroup Ore Bank, in Union townBhlp, Mlilllu county, containing about nine acres and eighty-nine perches. The last named property is subject to a mortgage given to secure a bond for fiooo, bearing Interest at the rate of 6 per cent, per annum from July s, 108. The terms of sale of the last three described properties will be as follows: Twenty-five dollars ia cash to be paid upon each when they are respectively struck orf. The balance of the purchase money of each to be paid in caah upon the execution of the conveyance to tbe puichaser. WI8TAR MORRIS,) JAMES T. YOUNG, Trustees. KNO.ii LEWIS, ) M. THOMAS 4 SONS, 27 mtb If 27 Auctioneers, WINES. QHOICE TAB L E ALBERT O. ROBERTS, Dealer in Kiua Groc.riea, in Corner ELKVENTU ftod VINK Street HEAL. ESTATE A FINANCIAL. Wilmington and Reading nAimoAn Seven Per Cent. Bonds. FREE OP TAXES. He nre otTerlng 20O,0O0 of tbe Second Mortgage llomls ot this Company AT 82J AND ACCRUED Ii?TERE3T. Foa the convenience of investors these Bonds are issued in denominations of f lOOOs, 500h, and lOOs. The money Is required for tbe purchase ot addi tional Rolling Stock and the full equipment of the Boad. The receipts of tho Company on the one-half of the Road now being operated from Coatesvllle to Wil mington are about TEN THOUSAND DOLLARS per month, which will be more than DOUBLED with the opening of the other half, over which the large Coa Trade of the Road must come. Only SIX MILES are now required to complete the Road to BIrdsboro, wblch will be finished by the middle of the month. WI, PAINTER & CO., BANKERS, Mo 5 ri R -w U TMIDn R-n,n.a aw. w uuum 1 iiinw uaiwwla 6 B PHILADELPHIA. LEHIGH CONVERTIBLE Per Cent Firit Mortgage Gold Loan, Free from all Taxes. We offer for aal $1,750,000 of the Lehigh Goal and NutI ftation Company', new First Mortgage 8ix Per Oont. Gold Bonds, free font all taxes, interest due March and Sep tember, at NINETY (90) And intermt in enrrency added to date of purchase. These bonds are of a mortgage loan of S2.000.000. dated October 6, 1869. They have twenty-fire (25) fears to ran, and are convertible into stock at par until 1879. Prinoioal and Interest payable in gold. They are secured by a first mortgage en 6600 acres of eoal lands in the Wyoming Valley, near Wilkesbarre, at present producing at the rate of 300,000 tons of eoal per annum, with , o progress which contemplate a large increase at nn t u. r j period, and also npon valuable Real Estate in Ui is city. A sinking fund of ten cents per ton upon all ooal taken from the mines for five years, and of fifteen oents per ton thereafter, is established, and The Fidelity Insuranoe. Trust and Safe Deposit Company, tbe Trustees under the mortgage, collect these sums and invest them ia these Bonds, agreeably to tbe provisions of the Trust. . For full particulars oopiea of the mortgage, etc, apply to O, E BORIS, W- II. NKWBOLD. SON A AERTSEfl JAY OOOKB A CO.. DRKXKL A CO., E. W. OLARK A OO. 7 11 lm QEVEN PER CENT. First Mortgage Bonds or thi Danville, Hazleton, and Wilkes barre Railroad Company, At 85 and Accrued Interest Clear of all Taxes. INTKRBST PAYABLE APRIL AND OCTOBER. Persona wishing to make investments are lnylt jo examine tbe merits of these BONDS. Pamphlet supplied and full information given by Sterling & Wildman, FINANCIAL AGENTS, No. 110 SOUTH THIRD STREET, IS tf PHILADELPHIA, Government Bonds and other Securities taken In exchange for the above at best market rates. QIJEIVDIIVIViaiC!. DAVIS fc CO., No. 48 SOUTH THIRD STREET, PHILADELPHIA. GLENDINNING, DAVIS AMORT, No. 17 WALL STREET, NEW YORKJ BANKERS AND BROKERS. Receive deposits subject to check, allow Interest on standing and temporary balances, and execute orders promptly for the purchase and sale of STOCKS, BONDS and GOLD, In either city. Direct telegraph communication from Philadelphia boose to New York. I a gLLIOTT J num. BANKERS Ho. 109 SOUTH THIRD BTREET, DEALERS IN ALL GOVERNMENT 8SCURI TIES, GOLD BILLS. ETC DRAW BILLS OP EXCHANGE AND ISSUE COMMERCIAL LETTERS 07 CREDIT ON THE UNION BANK 07 LONDON. 1RHTTK THAT2LLERS' LETTERS 07 CREDIT ON LONDON AND PARIS, available throughout Europe. win nniiAAt ail connoni and Interest free of cfearra for parties making their financial arrangement with ua. VI B. K. JAMISON & CO.. ' SUCCESSORS TO r. jr. itiiiLLY & coH BANKERS AND DEALERS IN Gold, Silver and Qoverndnt Bond At Clone Market Kates, B. W. Cor. THIRD and CHESNUT 8ti. Special attention given to COMMISSION ORDERS In New York and Philadelphia Stock Boards, eto, to. wt FINANOIAL. t a desirable Safe Home Investment Til 12 Sunbury and Lewistown Railroad Company Oiler 81,200,000 Itond, bearing 7 ler Cent. Interest Infold, Secured by n First and Only Mortgage. The Bonds are issued in 81000s, 8500s and $200, The Coupons are Davnbla in tha rit-v nf rhilndelphia on the first days of April and October, Free or State and United States Taxes. The price at present is 90 and Accrued Interest in Currency. This Koad, with its connection with th Pennsylvania Railroad at Lewistown. brines the Anthracite Coal Fields 67 MILES nearer the Western and Southwestern markets. With this advantage it will control that trade. The Lumber Trade, and the immense and valuable deposit of ores in this section, together with the thickly peopled district throuch which it runs, will Becure it a very large and profitable iraae. WM. PAINTER & CO., BANKEHS, Dealers in Government Securities, No. 36 South THIRD Street 8 tMp PHILADELPHIA. Free from U. S. Taxes. Eight Per Cent. Per Annum in Gold. A PERFECTLY SAFE INVESTMENT. First Mortgage Bonds OF THE ISSUE OF $1,500,000, BY THI ST. JOSEPH AND DENVER CITY RAILROAD CO., Issued in denominations of .$1000 and $500, Coupon or Registered, payable in 30 years, with Interest payable loth August and 15th February, in New York, London, or Frank fort, free of tax. Secured by a mortgage only on a completed and highly prosperous road, at the rate of $13,50379 per mile. Earnings in excess of its interest liabilities. This line being the Middle Route, is pronounced the Shortest . and moat Natural O ne for Freight and Passenger Traffic Across the Continent. St. Louis and Fort Kearney Spanned by a Bail way, and connect ing with the Union Facifio at Fort Kearney. Capital Stock of the Company.. ..$10, 000, 000 Land Grant, pronounced value of 8,000,000 First Mortgage Bonds 1,500,000 $19,500,000 The remaining portion of this Loan now for sale at 97 J and accrued interest in our rency. Can be had at the Company's Agen cies in New York, TANNER fc CO., Bank ers, No. 49 WALL Street, or W. P. CON VERSE & CO., No. 54 PINE Street. Pamphlets, Maps, and all information car be obtained at either of the above-namec agencies. The attention of Capitalists and Investors is particularly invited to these Securities. We are satisfied they are all that could be desired, and unhesitatingly recommend them. TANNER & CO., FISIAL AGENTS, No. 49 WALL STREET, NEW YORK. W. P. CONVERSE & CO., COMMERCIAL AGENTS, No. 54 PINE STREET, t tf rp NEW YORK. F R 8 Williamsport City 6 Per Cent Bond., FREE OP ALL TAXES. ALSO, Philadelphia and Darby Railroad 7 Per Cent Bonds, Coupon, payable by the Cheannt aad Walnut Streets These Bonds will be .old at a price which will make them a very desirable investment. P. 8. PETERSON & CO.. No. 39 BOUTII THIRD STREET, P PaiLADSLJfllA MNANCIAL, JayCooi&i&O). PHILADELPHIA, NEW YORK. AND WASHINGTON, BANKERS Dealers In Government Securities Special attention given to tbe Purchase and Sale of Bondi and Stocks on Commission, at tbe Eoard 0 Brokers in tbls and otber cities. INTEREST ALLOWED ON DEPOSITS. COLLECTIONS MADE ON ALL POINTS. . GOLD AND SILVER BOUGHT AND SOLD. RELIABLE RAILROAD BONDS FOR INVEST MENT. Pamphlets and full information given at onr office, No. 1 14 S.TIIIItU ytroot, PHILADELPHIA. v IT 1 Bra UNION PACIFIC RAILROAD CCL Land Grant Bondd Are obligations of the UNION PACIFIC RAILROAD COMPANY, secured by all the lands which they re ceived from the Government, amounting to about 12,000,000 acres. Tbe total amount of the land grant mortgage is 10,100,000. Between July 23, 18G9, and July 1, 1970, the Union Pacific Railroad Company sold 191,402 32100 acres for 1534,091 -03, being an average price of 14-60 per acre. The Company have received 521,000 land grant bonds in payment for land sold, and they have de stroyed the J521.000 bonds, and have reduced the amonnt of the bonds to that extent. The Union Pacific Railroad hold obligations of settlers amount ing to 1243,746 08, secured by the land purchased by them, wblci is also pledged to the redemption of the land grant bonds. Should the sales or land con tinue as above, the whole issue of land grant bonds nill be retired and cancelled within ten (10) years. The Union Pacific Railroad land grant bonds pay SEVEN PER CENT. INTEREST, April and October. Run for twenty v20) years. For sale at f 7S3 each. DE HA YEN & BliO., No. 40 South THIRD Street. NOTICE. TO TRUSTEES AND EXECUTORS. The cheapest investment authorized by law are the General Mortgage Bonds of the Penn ylvania Railroad Company. APPLY TO D. C. WHARTON SMITH CO., BANKERS AND BROKERS, No. 121 BOUTII THIRD STREET, PHILADELPHIA. S I Ij "V E FOE SALE. C. T. YERKES, Jr., t CO., BANKERS AND BROKERS, No. 20 South THIRD Street. I St PHILADELPHIA. ENGINE. MACHINERY, ETO. sFPFt. VEX STEAM ENGINE AND BOILER ft J ft 1 JL w -i i H K w X k a F I K ft LEVY, PRACTI CAL AND THEORETICAL ENGINEERS, MA C111N1STS. ltOlLER-MAKKRS, BLACKSMITHS, and FOUNDERS, having for many years been in BuccesBfdl operation, and been exclusively engaged in building and repairing Marine and River Engines, high and low pressure, Iron Boilers, Water Tanks, Propellers, etc. etc., respectfully oner their services to the public as being fully prepared to contract for engines of all eizess, Marine, River, and Stationary; having sets of patterns of diileient sizes, are pre pared to execute orders with quick despatch. Every description of pattern-making made at tne shortest notice. High and Low I'resHure Fine Tubular and Cylinder Boilers of the best Pennsylvania Charcoal Iron. Forgings of all size and kinds. Iron and Brass Castings of all descriptions. Roll Taming, Screw Cutting, and all other work connected with the above business. Drawings end Bpecllicatlons for all work done the establishment free of charge, and work gua ranteed. The 8ubscril)ers have ample wharf dock-room fot repairs of boats, where they can lie in perfect s.Rty, and are provided with shears, blocks, falls, etc. etc., for raising heavy or light weights. ' , JACOB C. NBA FIE,' JOHN P. LEVY, 8 185 BEACH and PALMES Streets. Q1RABD TUBE WORKS AND IRON CO., JOHN H. MURPHY, President, I HlI-iDKLPHU, PA. MANUFACTURE WROUGHT-IRON PIPE and Sundries for Plcrnbers, Gas and Steam Fitters. W ORKS, TWKNTY-TUIRDaud FILBERT Streets. Oillce and Warehouse, 1 No. i'i N. FIFTH Street. t. T. ABTO!l. . . M'MAHOnT" UAUTOil 8c n C 31 A II O N, SBIPPIS9 AND COMMISSION MMHt'BAATS. Io. OOKNT1K8 SLIP, N.w Tors, ' Ko.lH BO'J'l U WHAKVK8, Philadelphia. No. 4. W. PKA1T Itnat, Baltimore. We are prepared to hip n deeonuuoa ot Krei.ht to PhiUdelpm, N.w Turk, Wilmington, and inlarmsdiate pointa with promptneae and deapatuh. Canal iiuala and ateaaa-tna-. larniahed at the ahoiieaa nKtae, AVOID QUACKS. A VICTIM OPEARL.Y IN discretion, caublng nervous debility, premature decay, etc., having tried in vain every advertmed re. wedy, has discovered a simplo means of selMiure, w hich he will send free to his fellow-smierT J. K. REEVES, No. IS Nassau St., N.Y. City. C fcttntha m
Significant historical Pennsylvania newspapers