THE DAILY EVENING TELEGRAPH TRIPLE SHEET PHILADELPHIA, SATURDAY, NOVEMBER 12, 1870.
THE LAW SOCIETIES.
The Aalatlaa f Philadelphia f.awvora la
the Past Tha Nanea af Thaae Wha were
Caaaaete with Taeas The Preaeat Law
Academy Ita C.adltl.a aa4 Freapeeta.
In the olden time, when Philadelphia was the
eat of government for the whole United States,
the courts of this city were looked upon, from
all qnarters, as models, and as the head of all
legal proceeding. Action in an; of oar courts,
whether Federal, State, or county, was a prece
dent for proceedings in any court throughout
the land. The very best legal talent of the
whole land was then here gathered together,
nor has the good legal name which was then
earned entirely forsaken us as yet. A Philadel
phia lawyer is yet a synonymous term for all
that is talented, learned, and successful, as well
as sharp, in the profession.
At this time, or immediately preceding it, just
after the Constitution of the United States had
been adopted, a party of young disciples ot the
law met together for the purpose of forming a
society that Bhould have for Its aim the improve
ment of Us jnembers in all things appertaining
to the law. This society they formed, and the
end they sought was afterwards well accom
plished. Its members all became well known
to fame, and helped to obtain the good legal
name which the city had while a Federal capital.
This association embraced among its members
the names of Bash rod Washington, Richard
Stockton, Samuel Sltgreaves, William Rawle,
Edward Tilgman, and others who afterwards
took an active part in political and national life,
and became greatly distinguished. Many of
their deecendants are still practising in this city
the profession of their fathers.
This society continued for some time with
various changes and modifications, with a rota
tion in membership, as the older members got
into extended business, with no need for outside
improvement, new and younger members taking
their places, until the year 1800, when its
existence came to an end, there being at that
time but a very small membership and but little
interest from those who still held to the organi
zation. The principal upholding members had
before that time been called away from its
mimic duties by others more real in political
and professional life.
For five years from this time there was no
organization of Philadelphia lawyers of any
kind, but in 1805, on a Saturday evening, the
20th of December, the old association was re
vived under a new name. It was then called
the Law Society, and the reorganizes were
Bayse Newcomb, Clement C. BIddle, Joseph R.
Ingersoll, Samuel II. Jacobs, John Lowber,
Magnus M. Murry, Philip Nicklan, Edward
, Tllghman, and Samuel Wilcox. These, after
being regularly organized, adopted a new con
flrltutlon and by-laws, elected officers, and ap
pointed committees. The minutes of this first
meeting state that the association was for the
purpose of improvement in legal knowledge and
in public speaking. The evening of meeting
was fixed for Thursday. Bayse Newcomb was
elected President, John Drinker, Vice-President,
Samuel II. Jacobs, Secretary, and Magnus M.
Murry, Treasurer. When the new constitution
was prepared the. following persons signed it, in
addition to those already mentioned: G. R.
Hopkins, Jr., William Grlnell, William Milner,
P. II. Nicklan, B. Newcomb, Jr., John Ed
wards, Jr., Thomas Darrach, John C. Lowber,
E. Spencer Sergeant, William Delaney, Thomas
Kittera, and Thomas F. Gordon.
This society continued until 1812. Those who
. founded it are now all dead. Many of them died
young, though several lived long enough to
attain great eminence. The oldest member of
all lived the longest, with one exception. This
was Bayes Newcomb, who died In 1850, at the
age of eighty J. R. Ingersoll, who was at one
time our Minister to the Court of St. James, was
the one exception, and he died lately. Of those
who were added to the society up to the year
1812, In number about one hundred, less than a
dozen survive. Many names were Included in
this hundred of high honor in our midst.
This society, as well as all the others of the
eame kind, both before and after, was for the
improvement of the younger members of the
bar, the older members withdrawing as their
business grew upon them. By the former class
the want of such an organization was greatly
felt after it had been disbanded, and several
efforts were made to re-establish it. But it was
not until September, 1817, that another institu
tion of a similar description was founded, and
this was done by members of the bar newly
admitted, and by law students in the offices of
the members of the profession. It has been
Bald with truth that many of the men who won
honors at the bar during the ensuing twenty
five years, some of whom are still heads of the
professiou, were the direct fruits of this organi
zation. The roll at first consisted of Richard Biddle,
James CBiddle, II. J. Williams, William M.
Meredith, Thomas Dunlap, David Paul Brown,
Bloomfleld McElvaln, John N. Conyngham,
John M. Read, John K. Kane, Francis Ilopkln
son, Duucan S. Walker, Joseph Tate, Thomas
M. Pettlt, George M. Stroud, Perslfor F. Smith,
George Selden, M. R. Savers, John Musgrave,
John Wurts, R. Dillon, Drake Travanlan, B.
Dallas, Arthur Mlddleton, Henry Middleton, D.
J. Desmond, Jonathan Fowle, T. A. Budd, and
Robert Bethell. Of these, Richard Biddle, the
brother of Nicholas Biddle, became the most
successful lawyer of Pittsburg, where he died in
1850. Sheldon, Dallas, and Walker also re
moved to the same place, where they became
eminent men. Pettlt became a member of the I
Legislature which, by-the-way,ls no such great
honor nowadays also Attorney-General of the
State, United States District Attorney, and
President of the District Court. Stroud was
also a Legislature-man, and, except for two years,
has been Jndge of the District Court for a quar
ter of a century and over. ThU position he yet
holds. Ctnyngham was another Legislature
man, aud also a member of Congress, and is
new President Judge of the Court of Common
Pleas of Luzerne county. Like Judge Stroud,
be has held the position for a term of years.
Tate went to Virginia, his native place, And be
, came Mayor of Richmond. Dunlap left his
' practice to become President of the United
StaUs Bank, but returned to it on the failure of
that concern. ' Arthur Mlddletou became Secre
tary of Legation to Russia, and Henry Middle
. ton held the similar office In Spain. James C.
Biddle was well known in public life. Meredith
was United 8tates District Attorney and Secre
tary of the National Treasury. Kane was a
member of the Legislature, Attorney-General ot
Pennsylvania, and Judge of the United States
District Court. John M. Read was sent to the
Legislature, was Attornev-General of the State,
and District Attorney of the United States.
John Warts was a member of Congress, but
1 abandoned a public career for the Presidency of
the Union Canal Company ot New York. Per
aUtFcBmltU went to New Orleans, and after
wards became a General with Taylor in the
Mexican war.
i, Jn 1835 this society, after running successfully
during the Intervening time, was merged lato
the Law JAcademy of Philadelphia, of which
reter J. Duponcean was then elected Provost.
This still exists nnder most favorable auspices.
It has turned out many gaod lawyers. It holds
its meetings weekly, and its exercises consist of
mock arguments, and sometimes of an essay,
read by one of the jadges of the courts. While
nearly all the present members of the bar have
passed through the academy in some way or
other, and still retain their connection by paying
the yearly dues, the organization Is kept up by
the younger men who have Just been admitted
to the bar or who are about to enter. The offi
cers are elected annually. The place of
meeting is the new room of the Court of
Quarter Sessions. The legal profession gene
rally take a great interest in its welfare, and do
everything in their power to promote its in
terests. It has now been kept running with
unabated interest for forty-five years, and its
prospects are good for the future. Its Influence
on the standard of our Philadelphia bar is cer
tainly appreciable, and with the right care
could be made much more so. To the young
candidate for legal honors it is of the greatest
Importance, giving him a chance to praotloo In
everything appertaining to legal business, before
making his appearance in the public court
room. An institution on this plan is of benefit
in every department of business or professional
life. Such associations have, or should have,
for their end and aim the attainment of the
highest excellence, and the attainment of such
excellence in .any department is to the best
interest's of ail.
American Books in England. A London
letter to the Boston Advertiser says: The
Westminster Review in the new number
vouchsafes us a paper on American literature,
in which panegyrics and patronizing conde
scension are oddly mixed. "There is not a
score of names in American literature," says
the writer, "that may be placed in the front
ranks among poets, historians, and novelists,
and there is not one to vie with the leading
names in the Old World." One expects these
things at regular intervals, but somehow they
produce no effect. Reviewers may pronounce
as they will, American books compete vigor
ously with English ones on this side of the
Atlantic Every bookstall at a railway sta
tion; every circulating library at a watering
place, every one of those dear old book-tents
at a country fair has a strong detachment of
volumes which are above all things Ameri
can. This popularity of Amerioan literature
unquestionably increases, and extends in
fiction from "Tbe Last of the Mohicans" to
"The Gates Ajar." In English boarding
schools Cooper is more read than Scott, and
Longfellow, throughout the land, is nearly
as much seen as the Bible. If provision
could be made for keeping a constant supply
at a reasonable price, the Atlantic Monthly
and the North American Review would meet
with numerous purchasers. At a large shop
on Ludgate Hill a famous thoroughfare
the stock consists of little else than cheap
editions of American 'books in paper covers.
You may there buy "The House with Seven
Gables" for ninepence and "The Spy" for
sixpence. The place is not kept by Ameri
cans, nor do the people appear to nave any
special American connection. They seem to
rely upon the amazing fondness of the pre
sent generation for books that deal with
American life or possess the characteristics
of American thought. If there were only an
international copyright, what "damages"
some folks on your side would get from this !
The Moabitk Stone. At the British Asso
ciation, in the department of Ethnology and
Anthropology, a paper on "The relation of
the Ancient Moabites to neighboring nations,
as disclosed in the newly discovered Moabite
Stone," was lately read by Rev. C. D. Guis
burg, LL. D. He said that the inscription
on the stone read almost like a chapter in the
Bible, and when it was borne in mind that
this curious relio dated back nine hundred
years before Christ, it would be seen that the
inscription was older than two-thirds of the
Old Testament. . Out of twelve or fifteen
Moabite cities mentioned in the Old Testa
ment eleven were enumerated in the inscrip
tion. Respecting the relation of the ancient
Moabites to the neighboring nations, he had
come to the conclusion that at the period in
dicated an organized temple-service existed
among Jews out of Palestine, and that the
eervioe must have been very mueh akin to the
service of the Moabites; that nine hundred
years Dei ore unrist me wora "venovan,
which was afterwards so much avoided by the
Jews, was so much upon the lips of every
Jew that it passed over to a neighboring
nation; that the language of the inscription,
wbich was infinitely more simple than two
thirds of the Old Testament, showed that the
Moabites bad attained to a high state of cul
tivation; tratin military prowess they were
superior to the Jews; and that from them the
ancient Greeks and Romans and we ourselves
bad derived what had become our alphabet.
In the course of the discussion which fol
lowed, ProfesRor llawlinson objected to some
of the conclusions of Dr. Guiaburg. He
claimed for the Phoenicians the merit of dis
coveries attributed to the Moabites.
A Public Dinxeb in Fiji. A public din
ner in Fiji is a very great affair, and you
must take care how you behave at it. All the
guests bear a hand in feeding the oven or
btirring the pot. A floor of clean leaves is
covered with cocoa-pots, on whioh are heaped
baked taro and yams "to the amount of
several tons." Tbe next tier is formed of
vakalolo, or puddings in green leaves, well
oiled. Surmounting this pedestal are the
baked turtles, or two or three hogs baked
whole. On one' ocoasion there were fifty
tons of yams, fifteen tons of sweet pudding,
seventy turtles, five cart-loads of yaqona,
and two hundred tons of uncooked yams.
Ono of the puddings measured twenty
one feet in circumference. A Lord
Mayor's feast in Guildhall is mere fooling tq
this. And the turtle, too ! But if you have
the honor to be invited to a feast in Fiji, you
must be cautious. A chief, having eaten a
cocoanut without offering a bit to one of his
followers, the latter went over to the enemy,
and in the next battle singled out his former
master. He asked to be spared. "Do you
not," was the stern reply, "remember the
nut? For that you must die." And then
came the fatal blow. Another chief sat down
with his father-in-law; but on passing a dish,
a cooked guana, he broke off part of its taiL
"A dark scowl covered his relative's faoe,"
and at the earliest opportunity he slew his
son-in-law, having first told him that he could
not put up with broken tail. LeUure Hours.
A GENTLEMAN THOROUGHLY ACQUAINTED
with the CUBA AND WEST INDIA BUSI
NESS AND GENERAL COUNTINGS-HOUSE
WORK, after an experience ot eleven years in
this city, possessing the Spanish and English Lan
cuag s, and who, with numerous friends in Cuba,
can Influence considerable buslneto. Is open for eu
gagenient as a Working Partner, or ether wise, la
same or other business.
Best references as to character and capacity. Ad'
dress "Business," at this otnee, 11 ltt
FINANCIAL,
THE
0ENTEAL EAILR0 AD
i
OF IOWA,
CoE2.ecting t Louii and St. Paul
Now nearly Completed.
Tbii road Is built by a Company of strong capi
talists, who have poshed their work forward at a
rtpld rate.
... ONE MILLION
or ran
FIRST MORTGAGE BONDS
Of the Company remain, which are offered at the
verj low rate or
90 and Accrued interest.
Among their advantages are
1st. The road Is nearly finished, and the cars are ex
pected to run across the State In 60 days.
Sd. The raad has been built only of the best mate
rial, the Iron having been manufactured ex
pressly for It, at a much higher cost than that
usually paid. 4
3d. It runs through a most superb agricultural
country.
4tb. It has great advantages in carrying coal North
and bringing lumber South.
5th. The Mortgage Is only 115,000 per mile, while
many other roads are bonded to double this
amount.
Cth. The road Is principally owned by bankers ana
other capitalists, who have Invested a large
Bum in Its construction, and who have every
reason to take care of Its obligations.
7th. A First Mortgage for so small an amount, upon
a road so near completion, and In such strong
hands, maj well be considered a perfectly safe
security.
We believe there will be no more favorable lime
to tell Governments, and buy First-class Rail-
road Securities such as these than the present.
With any further decline in Gold, Governments
must decline also.
W. B. SHATTUCK, Treasurer,
No. SS PINE Street, New York.
After a full examination, we have accepted an
Agency for the Sale of the above First Mortgage
Bonds, and desire to recommend them to our cus
tomers AS A THOROUGHLY SAFE, AS WELL
AS PROFITABLE INVESTMENT.
JAY COOKS & CO.,
Ho. 114 South THIRD Street,
11 10 thatuCt PHILADELPHIA.
JOHN S. RUSHTON & CO.,
BANKERS AND BROKERS.
NOVEMBER COUPONS WANTED.
City Warrants
BOUGHT AND SOLD.
No. 60 South
6 Ml
THIRD Street,
PHILADELPHIA.
B. E. JAMISON & CO..
UCCESSOHS TO '
. IT. KliTLuLY &Z 00
. ' BANKERS AND DEALERS IM
Gold, Silver and Government Bonds
At Clones Olarket Hate,
E. W. Cor. THIRD and CHESNUT SU.
KBeolal attention elven to COMMISSION OKDKRS
In New York and Philadelphia Stock Boards, eta
eta -ail
E
LLIOTT
B 17 H It
EANXSBJ
Ho. 109 SOUTH THIRD BTHBCV,
' DEALERS IM ALL GOVERNMENT BBCUBJU
TIES, SOLD BILLS, ETC.
DRAW BILLS OT EXCHANGE AND ISSU1
COMMERCIAL LETTERS OF CREDIT ON THE
UNION BANS OF LONDON.
IB8TJB -TRAVELLERS' LETTERS OV CREDIT
ON LONDON AND PARIS, available thvoughoat
Europe. .
Will collect ail Con pons and Interest free of oaarft
or parties m1ng their ffit""1 arrangement!
Wlttna,
203 S03
HAnmssorj aitArmo,
BANKER.
DEPOSIT ACCOUNTS RECEIVED AND INTER
EST ALLOWED ON DAILY BALANCES.
ORDERS PROMPTLY EXECUTED FOR THE
PURCHASE AND SALE Off ALL RELIABLE BE-
C WLLEnnONS MADE EVERYWHERE.
REAL ESTATE COLLATERAL LOANS NEGO
TIATED. 8OTn
No. SOS S. SIXTH St., Phil da.
MNANOIAL
A LEGAL INVESTMENT
roa
Truiteea. Executor i and Administrator!,
WE OFFER FOR SALS
52,000,000
or mi
Pennsylvania Railroad Co.'s
OEREBAL ITIORTUAUn
Six Per Cent. Donds
at 93
And merest Added to tlie Date
f Purchase.
All Free from State Tax, and
Issued In gums of flOOO.
These bonds are coupon and registered, interest
on the former payable Jaifuary and July 1; on the
latter April and October 1, and by an act or the
Legislature, approved April L, 1370, are made a
LEGAL INVESTMENT for Administrators, Execu
tors, Trustees, etc For further particulars apply to
Jay Cooke Sc Co.,
13. W. Clark & Co.,
IV. II. Newbold, Son & Aertsen,
C. Ac II. llorle. n i im
UNITED STATES SECURITIES
Bought, Sold and Exchanged on Host
Liberal Terms.
Gr o u r
Bought and Sold at Market Sate.
COUPONS CASHED
Pacific Railroad Bonds
BOUGHT AND SOLD.
Stocks Bought and Sold on Commit
tion Only.
Accounts received' ind Interest allowed on Dally
Balances, subject to check at sight.
DE HAVEN & BR0.,
No. 40 Couth THIRD Ctroot.
t . )
(11 PHILADELPHIA.
Wilmington and Reading
P ATTiTlOAD
Gevcri Per Oent. Bonds,
FREE OF TAXES.
We are eflerlnar $300,000 ot the
Second Hortgasre Bonds ot
tbls Company
AT 82 AND ACCRUED TJBTE&EST.
...,).'
For the convenience of investors these Bonds are
issued In denominations of
1000s, tSOOs, and 100s.
The money la required or the purchase of addi.
Uonal Rolling Stock and the fall equipment of the
Road. . ,
The road la now finished, and doing a business
largely in excess of the anticipations of Its officers.
The trade offering necessitates a large additional
outlay for rolling stock, to afford full facilities for Its
prompt transaction, tbe present tolling stock not
being sufficient to accommodate the trade.
WI. PAINTER & CO.,
BANKERS,
No. 36 South THIRD Street,
IS
PHILADELPHIA.
JayCooke&(p.
PHILADELPHIA, NEW YORK, AND
WASHINGTON,
B A N IC E R 8,
AMD
Ee alen in Government Securitiet.
Special attention given to the Purchase and Sale
of Bonds and Stocks on Commission, at the Board Of
Brokers In this and other cities.
INTEHEST ALLOWED ON DEPOSITS.
OOLLELTIONS MADB ON ALL POINTS.
GOLD AND SILVER BOUGHT AND SOLD.
Reliable Railroad Bonds for Investment.
Pamphlets and full information given at our office,
No. 114 SOUTH THIRD STREET,
PHILADELPHIA. 10 1 8m
p O R SALE.
Six Per Cent Loan of the City of
Williamtport, Pennsylvania,
FREE 07 ALL TAXES,
At 85, and Accrued Interest
These Bonds are made absolutely secure by act o
Legislature compelling the city to levyjsufllclentr u
to pay Interest and principal.
P 8. PETERSON & CO.,
Ko. 39 SOUTH THIRD STREET,
M ' "' PHILADELPHIA
I JLi V E
FOR SALE.
C. L' YERKES, Jr., I CO., .
V BANKERS AND BROKERS,
fto. SO South THIRD Street.'
IN PEILADSLPSIAJ
FIN AN Ol AU.
A RELIABLE
Sale Home Investment
TUB ,
Sunbury and Lewistown
Railroad Company
7 PER CENT. GOLD
First Mortage Bonds.
Interest l'ayable April and Octo
ber, Free of State and United
States Taxes.
We are now offering the balance of the
loan of $ 1,200, 000, which ia secured by a
first and only lien on the entire property and
franchises of the Company,
At 90 and the Accrued Inte
rest Added.
The Road ia now rapidly approaohing com
pletion, with a large trade in COAL, IRON,
and LUMBER, in addition to the passenger
travel awaiting the opening of this greatly
needed enterprise, aa the local trade alone ia
sufficiently large to sustain the Road. We
have no hesitation in recommending the
Bonds as a CHEAP, RELIABLE, and SAFE
INVESTMENT.
For pamphlets, with map, and full infor
mation, apply to i
WM. PAINTER & CO.,
Dealers in Government SeouriUea,
No. 3G South THIRD Street,
C8U4p PHILADELPHIA.
D. C. WHARTON SMITH CO.,
BANKERS AND BROKERS,
No. 121 SOUTH THIRD STREET,
Successors to Smith, Randolph & Co.
Every branch nf th tuwinoM wiu nave prompt at
entlon as heretofore. ,
Quotations of Stocks,' Governments, and a old,
constantly received from. New York by private
wire, from our friends, Edmund D. Randolph A
Co. ' " ;
INSURANCE.
II JE
1 11 O Y I I E If T.'
PROVIDENT
Life and Trust Co.
OF PHILADELPHIA,
So 111 South FOURTH Street
The dividend received by a policy-holder is the
difference between the actual cot of Insurance aud
tho premium paid. This company la expressly re
quired by its charts rto divide every dollar of son
Slus thus arlBing among its policy-holders. It Is
lerefore purely mutual.
The New Tork report for 18fo shows that the as
sets of this company are in the proportion of $10 to
every f 1 of liabilities, thus Insuring perfect relia
bility. .
It has received the approbation of the most learned
actuaries, and Is endorsed and recommended by
many of the most prominent scientific and publio
men in the United States. An institution of a simi
lar kind in England, the Friends' Provident Institu
tion, has been wonderfully successful.
Its advantages In every respect, both as to safety,
cheapness, terms of policies, etc., are not excelled.
The prudent and economical management of Its
business, combined with the remarkable average
longevity of Its members, eommends it to the con.
ndtuce and favor of all classes of whatever denomi
nation. Call or send for ctrcular.
easy company to sollcltyor.
Agents wanted. An
8 l'i eos5p
PLATED WARE.
MEAD & liOBBINS,
MANUFACTURERS OP
SILVER-PLATED WARE,
Hard Metal (Nickel Silver),
Have now the largest and most attractive stock
Silver Plated Goods that they have ever offered In
Hew and Elegant Designs.
All descriptions of SUyer-Plated Ware constantly
en hand, suitable for
WEDDING PRESENTS.
Tea Sets an Low as S20.
N. E. Cor. NINTH aud CHESNUT,
10 8 stuthSm ' PHILADELPHIA.
THE VATICAN, No. 1010 CHESNUT STREET.
Statuary, Bronzes, Clocks, Vases, Pedestals,
and elegant articles of taste for tbe adornment of
the parlor, dining-room, library, hall, and boudoir,
and for bridal presents, purchased in Europe pre
vious to the war at a great sacriflce, aud will now be
sold, retail, at correspondingly low prices. We In
vite an Inspection at our spacious store and show
rooms, up stairs. The price of all articles marked
In plain figures. Goods packed an shipped free of
J charge. . . , - . ia8mrP
MATS AND OAPI.
nWAHBURTONTS IMPROVED VENTILATED
and emty-Bttlng DRESS HATS (patented), in all
tue improved faohlons ot the seatfun, CUE3NUT
fciireet, next door to the Post OiUoa, rpt
INSURANQEr
INCORPORATED 19S6.
OFFICE OF THE DELAWARE MUTUAL
SAFETY INSURANCE CO.
rniLAPSi.rnu, November , mi.
The following statement of the affairs of the Com
pany Is published In conformity with a provision of
Its Charter:
PREMIUMS RECEIVED from November 1, 186, ta
October 81, 1870:
On Marine and Inland Risks. I7M.419-8S
On Fire Risks 164,801-80
premiums on Policies not
marked off November 1,1969.
1954,920 '5
502,439-St
JliM,iWM
PREMIUMS MARKED OFF as earned from No."
vember 1, 1S69, to October 81, 1S70:
On Marine aud Inland Risks. $0,748-79
On Fire Risks 151,5431)7
. tl,032,J95'4
Interest during the same
period Salvages, etc 152,500-M
LOSSES, EXPENSES, etc., during the year as
Above:
Marine and Inland Naviga
tion Lobscs $515,555 93
Fire Losses 99,003-OS
Return Premiums 81,921 9
Reinsurances 40,098-85
Agency Charges, Advertis
ing, printing, etc 60,501-40
Taxes United States, State,
and Municipal Taxes 63,000 12
Expenses 4,05i0
1575,126 91
309,09-4T
ASSETS OF THE COMPANY T
November 1, 1S70.
1300,000 United States Six Per Cent.
Loan (lawful money) .... $333,375-09
200,000 State or Pennsylvania Six Tor
Cent. Loan 2U,000t
200,000 City1 of Philadelphia Six Per
Cent. Loan (exempt from
Tax) 204,102-59
164,000 State of New Jersey Six Per
Cent. Loan 153,920-09
20,000 TenEsylvaula Railroad First
Mortgage Six Per Cent.
Bonds. 20,700-09
25,000 Pennsylvania Railroad Seoond
Mortgage , Six Per Cent,
Bonds : 25,250-00
25,000 Western Penn. Railroad Mort
gage Six Per Cent. Bonds
(Penn. R. R. guarantee) 20,000-09
80,000 State of Tennessee Five Per
Cent. Loan 13,000-09
t,uuu mate oi xennesseo ix rer
Cent. Loan
, 12,500 Pennsylvania Railroad Com
pany, 2f0 Shares Stock
5,000 North Pennsylvania Railroad
Company, 100 Shores Stock. .
10,000 Philadelphia and Southern
Mall Moamshlp Company, 80
Shares Stock
201,650 Loans on Bond and Mortgage,
first liens on City Properties.
4,100-09
15,000-09
4,800-09
. 4,000-09
261,050-09
11,200,150 Par.
Market Vatue.. 11,293,557-59
JOBl, Il,WH,447-34.
Real Estate 5,000-09
Bills Receivable for Insurances made... 230,971-27
Balances due at Agencies Premiums on
Marine Policies Accrued Interest and ' I
other debts due the Company 93,875-41
Stock and Scrip, eto., of sundry corpora
tions, 17,960. Estimated value ' ' 8,91 2-0
Cash ., 142,911-73
1620,727-T
PHILADJLmiA, Nov. 9, 1370.
The Board of Directors have this day declared a
CASH DIVIDEND OF TEN PER CENT, on tha
CAPITAL STOCK, and SIX PER CENT. Interest
on the SCRIP of tha enmsany, pnabie on and after
tno in oi December proximo, free of National and
Slate Taxes.
They have also declared a 8CRIP DIVIDEND of
TWENTY-FIVE PER CENT, on the EARNED)
PREMIUMS for the year ending October 81, 1879
certificates ef which will be Issued tothenartlea
entltlod to the same, on and after the 1st of Decem
ber proximo, free of National and State Taxes.
They have ordered, also, that the SCRIP CXB
TIF1CATES OF PROFITS of the Company, for the
year ending October 81, 1SG6, be redeemed In CASH,
at the Office of the Company, en and after 1st of
December proximo, all Interest thereon to'ceasa
on that day. i s - ,j
By a provision of the Charter, all Certiorates of
Scrip not presented for redemption within five
years after public notice that they will be redeemod.
then be forfeited and cancelled on the booki of tha
Company.
No certificate of profits Issued nnder 125. By tha
Act of Incorporation, "no certificate shall Issue,
unless claimed within two years after the deolara
tion of the dividends whereof It is evidence."
i : DIRECTORS. . f. 1
Thomas C. Hand,
John C. Davis,
Edmund A. Souder,
Joseph H. Seal,
James Traqualr,
Henry Sloan,
Henry C. Hallett, Jr.,
James V. Hand,
William O. Ludwlg,
Hngh Oralg,
John D. Taylor,
CJtorge W. Bornadou,
William O. Houston,
U. Frank Robinson,
THOMAS
' JOHN O.
Samuel E. Stokes,
William U. Boulton,
Edward Darlington,
H. Jones Brooke,
Edward Lafourcade,
Jacob RlegeL ,
Jacob P. Jones,
j ames a. Morariana,
Joshua P. Erre.
Spencer Mcllvalne,
John B. Somple, Plttsb'g
A, B. Berger, "
D.T.Morgan, ' '
O. HAND. President.
DAVIS, Vice-President.
Hknry Lylbukn. Secretary.
HKMtv Ball, Asa't Secretary.
11 11 lTt
MACHINERY.
ENGINES,
Tools, IIachiaery, Etc.,
FOR SALE AT
THE NOVELTY IRON WORKS,
FOOT OF EA8T TWELFTH STREET
NEW YORK,
XMDRACIKO
ENGINES, PLANERS, LATHES,
SMITHS' AND BOILER MAKKKS' TOOLS,
And Machinery and Patterns of the most approve
kinds, etc. to. etc Also,
6 HTOH-PRESSURE BNOINE8, partly finished.
8 STEVINbON'8 PAT. TURBINE, ; , WATER
WBEBLS, 68 In. in diameter, and . -
1 MARINE BEAM ENyiNE, 60 in. by 10 It. Stroke.
J.0. g. SCIHJL.TZC, .:
Receiver of the Novelty Iron Works.
Send for Catalogue. . , i
NiwYObk. toberjo. 1870. weaimrp
FURNACES, ETO.
ESTABLISHED 1825.
FEES, T. UKCKI.
H. It SIAS.
XX. J. DBAS tL CO.,
MARVFACTIIllling OP
Warm Air Furnaces
add .
Oooltiner Ttdnis6et9
Portable Heaters, Low Down Orates, Plate "Mantels
Bath Boilers, Registers and Ventilators.
No. 1 1 1 North SEVENTH St.,
- PHILADELPHIA. 9 M thstuttmri
JOBBING PROMPTLY ATTENDED TO.'
A LBXANDBR O. OATTBLL & CO.
V PRODUCE COMMISSION MKROHANTB,
No. 86 NOhTU WUARVIU ,
AND
NO. T NORTH WATER STREET,
paiLADELPHXA. .
AXBXAKSU a CAITSXL. aUJAB CATTtLU