tede
E(QRA
VOL. XT. NO. 21.
PHILADELPIIIA, WEDNESDAY, JANUARY 25, 1871.
DOUBLE SHEET THREE CENTS.
f i(i "TT "T
U ini II a
TlD
FIRST EDITION
OUR NATIONAL BANK SYSTEM.
A Central Redeeming Agency
Delaware Railway Directors.
Count Joannes' Nathan Murderer.
Unison's Operatic Troubles.
Life Insurance Mismanagement.
Mr. Bcrgh and Pigeon-Shooting
rite, i:tc. Etc.. Etc.. etc.
THE BISK OP BANKS.
ettrr from Amnna VnlUfr to the Ilonae
(joniiiiiiire on HitnkiitK nnd Currency.
The following letter from the lion. Amasa
Walker, upon ilio proposition now pending la
the Houne Committee on Hanking and Curreucj-,
to establish a rcntral redemption agency, or
clearing-Louee, In New York city, for all the
national banke, was read to the committee yes
terday: The Hon. Jab. A. Garfield Dear Sir: I am
greatly pleased to learn that a proposition is
now before the Banking and Currency Commit
tee of the House of Representatives, of which
you are chairman, to provide by law for a bank
of redemption at some central point, to perform
the functions of a general clearing-house for all
the national banks ol the country. No more
important measure has over been proposed in
reference to our extatiug monetary system than
this, it Is the ore thing most needed, for. with
out such an institution, there is a want of ac
countability and responsibility on the part of
the individual banks altogether inconsistent
with their own permanent prosperity, and pr
judiclal to the beet interests of the public.
A general clearing-house should have been
established at the very outset, for neither
the Comptroller nor Congress itself can exercise
any effective authority until every bank iu the
nation can be made to provide for the prompt
redemption of Its notes. As matters now stand,
many banks will be reckless In their operations,
and when any catastrophe happens will fail.
This will cause suspicion. A general run will
be made upon all the banks, not forthe redemp
tion of their notes, for that is impossible, since
they are scattered broadcast over the whole
nation, but for the redemption of their
deposits, which amount to near)' twice as much
as their circulation the latter beiug about
i300,OlJO,000, while the deposits, or what the
banks owe, payable on demand, amount to
more than 500,000,000; and besides are
due to persons residing in their imme
diate lciuit3', and may therefore be drawn for
instantly if any alarm is felt. This Is the great
peril to which our banks are exposed at the pre
sent time, and hence the most prudent and well
managed establishments desire, of all things,
that this Central Bank of Redemption should
be established, so that some restraint can be
placed upon such banks as conduct their busi
ness regardless of their own permanent welfare
or the safety of others.
The want of a plan of general redemption is
seen in the fact that the banks now extend their
indebtedness, in the form of deposits, in a far
greater degree than the State banks ever did.
Up to the late war the deposits were on an
average but a little more than their circulation.
In 1800, when the deposits were greatest, there
were but $253,000,000 against :2O7,O0O,O00 of
notes, or an excess of about 25 per cent. In
October last, per Comptroller's report,
there were $500,000,000 against $291,000,000,
equal to an excess of about 175 per
cent.; while, at the same time, the whole means
of the banks for the immediate payment of
their circulation and deposits, amounting to
gether to 7J1,000,000, were: Specie, $18,000,
000; legal tenders and fractional currency,
8S,000,000; total, ft 106, 000, 000, or less than
ViYi cents on the dollar.
It may be objected that a central institution
of the kind contemplated may be found a dan
gerous element, on account of the great power
it will be able to wield over the entire banking
system; but if the law which creates this Cen
tral Bank is wise and judicious in its provisions,
it will be invested with no power except to
compel the observance of the laws of Congress,
enacted for the safety of the country and the
prominent interests of ail concerned in its bank
ing institutions: It will oppress no one, and
restrain only those who are disposed to do
wrong. Hoping for the success of the proposed
measure, I am, yours, truly,
Amasa Walkbh.
AVashington, Jan. 21, 1871.
RAILHOIDIXG IN DELAWARE.
Lively Timet at a Directors' Meeting A Navel
Way of Jieeplac liooU nod Aubacrlblux lor
block.
From a letter to the Wilmington Commercial
we make the following extract:
The annual meeting of the stockholders of the
Smyrna and Delaware Bay Railroad Company
was held in Smyrna ou Wednesday, January 11.
It appeared at the meeting that James V. Spru
ance, one ot tue directors ior tue previous year,
held the stock book in his personal possession.
and no eye, eave'his own, was permitted to look
upon that book iroin the llth day of January,
1S70, till the 11th day of January, 1871.
The meetinir being organized, the stock book
was called for, and Mr. Spruance came iu pretty
soon with the same neatly folded iu a copy of
pomeroy s jiemocrai. l pon me nook being
opened, the original stockholders were surprised
to una tuat some 9i.wv 01 biock nau Due 11 sub
scribed while the book was in Spruauee'a pos
sesion, and which was enough to cover allpre
vious subscriptions to the capital stock. Tueu
and there a number of hard words new
about the room, and a resolution was introduced
that such stockholders were not entitled to and
should not vote. A sharp and angry discussion
arose on the resolution.
Kach succeeding Bet of directors was charged
with tryine to sell out the charter to the Phila
delphia, Wilmington, and Baltimore Railroad.
A Bcene of utter confusion followed. Finally
quiet was restored, and pending a vote on the
resolution, George W. Cummins walked to the
Secretary's desk and wrote after his name in
the book, "Twenty thousand shares, two hun
dred thousand dollars?" For an instant it was
as silent as the grave.
The author of the resolution moved that the
6ubscriptiou book be now closed.
Heavens I what a commotion that motion
created. Every man in the room rushed for the
book, and such a pulling and! hauling McMullln
in his palmiest days could hardly get up. Men
on top of men, on the floor, stove and settee,
Borne with others by the throat. The secretary's
table was broken into a thousand pieces, and
whiia th men were Dullinsr at each other, the
secretary got the book and made a rapid exit
out the back window, but was closely pursued,
and in the kitchen of the hotel caught by a
crowd, who Bucceeded in wrenching the book
from him and handing it over to Spruance, who
ran down the street with it bare-headed, dodged
Into a store on the corner, and subscribed for
f 200,000 himself, and locked np the book. The
meeting then adjourned two honrs for drinks.
THE NATHAN MURDER.
Connt JTannae'a ' flhnrmm He I la Directed t
I.RT lilt rroafc Helore the Grand Jurv.
The N. Y. Tost of last evening says:
James Hughes was rearralgned on a charge of
ftrand larceny, and pleaded not guilty. Hughes
s the man charged by the Count Joannes,
whom he had formerly engaged as his counsel.
with the Nathan murder. Hughes requested
the court to assign counsel for his defense, and
begged that the "Connt" should have nothing
further to do with him.
Judge Bedford then assigned Mr. McClelland
and Mr. Roche to defend Hughes, and those
gentlemen, after a few moments' consultation,
asked for a day's adjournment.
The Court granted the adjournment, and
then said to the Count: "On Tuesday last, upon
the arraignment of James Hughes for larceny,
yu, as his counsel, pleaded not guilty to the
charge. Immediately afterwards you boldly
asserted thatjbe was the murderer of Mr. Nathan,
and pledged your word that if the larceny cae
against Hughes was adjourned for one week,
you would then be able to offer convincing
proof, and fully justify the unprecedented posi
tion which you then assumed.
"As I am one of those who believe that the
authorities shou'd not leave a stone unturned,
and that every effort should be put forth to
arrest and punish the murderer, I granted your
request. You now tell mo that you have the
requisite proof. This court-room is not the
proper place to hear that proof; but with the
concurrence of the District Attorney, I will
direct you to go before the Grand Jury, now in
session, and under oath offer proof. And then,
after the Grand Jury shall have taken official
action in the matter, a just and discriminating
public will unquestionably render the proper
and fitting verdict as regards your action in this
matter."
TROUBLES OF AN IML'RESSIRIQ.
IWnx Strakofti-h "Uoem 'tor a Geutlemaa of the
(ill.
The great musical caterer and invincible im-
pretmrio, Max Strakosch, having occasion to
lind Jault witn the vigorous fcngllsu used by the
editor of the Rochester Daily Union and Adoer
iiser, in referring to Max's social and operatic
standing, "went" for that individual in the
Supreme Court this morning, after the following
fashion:
It seems that on the 0th of September last
there appeared in the above-mentioned journal,
under the heading, "The Nilsson Swindle, "
quite a strong attack on Strakosch for charging
$4 for tickets, "under the pretense of present
ing first-class artists." Strakosch says the
paper calls him a swindler, and asks $10,000
damages. The defendants, in their auswer, put
in the whole article, and some other articles
from their paper, and claim that Miss Nilssoa
was not the equal of Jenny Lind, and that they
were justified in denouncing Mr. Strakosch for
breaking into the time-honored price of $2 per
seat, and demanding Jenny Lind prices.
The case came up on motion to strike out
this part of the answer, and also on a motion to
change the venue to Rochester. A rather amus
ing colloquy occurred as to the merits of Miss
Nilsson between Judge Van Vorst, the defen
dant's counsel, and the Court, in which the former
insisted that she was unequal to Jenny Lind,
and Judge Sutherland, though admitting that
he bad not heard her, and bad only seen her in
church, was inclined, from general report, to
doubt Judge Van Vorst's statement. Against
the motion to change the venue, Mr. Scudder,
ior plaintiff, insisted that he had thirty-eight
witnesses Dr. Doremus, E. W. Stoughtoa,
Clarence A. Seward
Judge Sutherland I guess I know who you
are going to name.
Decision reserved. N. Y. Com. Advertiser.
A CRYING EYIL.
Life Insurance MlMtnaaaaesnent Inordinate
Kntea to Mollcltora.
The Boston Commercial Bulletin says:
The competition of managing agents of life
insurance companies seeking to secure the ser
vices of successful solicitors outruns in tempting
offers the most seductive inducements that other
lines of business can present. Thirty and forty
per ct. has become a very common figure with half
a dozen of our managers, and there are instances
where within the past week 50 and 60 per cent,
on new business has becu pledged to well-known
canvassers.
While life Insurance corporations are willing
to ooze out their life-blood in such extravagant
and ruinous rates, policy-holders will not be
surprised to notice the demise and financial em
barrassments of certain of these institutions.
There appears to be no better way for the gene
ral public to analyze these facts than by taking
a commissioner's report and estimating the ratio
of the gross expenses on the amount ot cash
premium receipts. Iu many instances premium
notes become and are a legitimate appendage to
receipts, but even these will show in what pro
portion they are to the amount of cash pre
miums and gross number of policies out
standing. A DESPERATE ENCOUNTER.
itlurderoiia Aaanulc oa a Machinist by Two
lonvlolM la the New Jersey ntute Prlsuo.
On Sunday morning William Reed, a ma
chinist, went with his brother-in-law to the
New Jersey State Prison to repair some ma
chinery. Two persons were detailed to assist
blm. incy Had worked oa some time m ap
parent tranquillity, when Reed's brother-in-law
went away to get his dinner, leaving Reed, the
machinist, with the keys.
Soon as the prisoners found that they were
alone with one man, who had a key that would
give the way to liberty, they set upon him with
terrible Ireuzy. Une of the prisoners stabbed
Reed with a file iu four places between the
shoulder and back, demanding the key of the
door whereby the brother-in-law had left the
prison. The wounded man, finding it was a
battle for life, not only fougbt bravely but
called loudly for assistance. His cries alarmed
Mr. Henlon, the keeper of the prison, and, help
arriving, the enraged convict was soon disabled
and conveyed to safe quarters.
PIGEON SHOOTING.
A Provprctlve Ilntd on the Nhoetrra ft porta,
int-u Who rtlay Hud rbeuisclvra In l.ltuuo.
A champion pigeon shootluir match between Ira
A. Palue, of New York, and Captain A. II. Bogardus.
ot Illinois. Is announced to take place to-day on the
rucioHeo grounds of the Lour Island Pigeon Suout
ing Cut, near the Union Course. These gentlemen
will shoot at 100 birds each for fiouo aud the dia
mond chaiupimiHhlp badge of America, unless the
programme should be interfered with. Such la
likely to be the case, Mr. iletiry Bergb, of the
Society for the Prevention of Cruelty to AnimalH,
liavlcg made srraugmeiits to break up the match
and arrest those who participate lu or witness the
sport. Mr. Bergh. ranks pigeon shooting with rat
klllliiir. aud Wishes to put aulnn tn tna nractlea In
New York. The Use match was shot at Fleet
wood Park on the Ssth of October, and was won by
Paine. It occupied two boura and thirty-seven
minutes. They shot at 100 birds each, the score
Btandtnjf at the close Paine, Kd; Tinker. 81. Subse
quently Paine went westward ou a shooting cam
patgD, where he met Cantata Bojrardua, from which
lucetiDg resulted the present match. A lively time
may be expected should Mr. Bergh carry out the
iiueatenea raiu.
Harvard College is to have a Professorship
of Pnliltr-nl F.fnnnmv.
A Portland man has carefully covered his
tuerinomeier wuu a giaes to protect 11 iroin the
eviu.
SCENE IN A RAILWAY CAR.
The Latest and Moat Btartltaa; Plan Story
I'nfoundcd Chnrarea Aaralaat Hespectable
F.lderlv OeBtlesaea.
The last fish story comes from New Jersey.
Lately, in tne interior 01 that estate, a mild
looking countryman entered a railroad car,
bearing a bundle tied np in a handkerchief,
which he placed under his seat at the end of the
car. After travelling along for about half an
hour, a lady sitting in front of the countryman
was observed to move uneasily in her seat, and
to cast savage glances at a seemingly respect
able man Bitting by her side.
In a few moments afterwards another lady,
still further to the frout, "became uneasy," and
at last, rising in her seat, requested that some
gentleman in the car would protect her from an
elderly-looking gentleman by her side, and
wnom siio stated naa insuitea her.
A dozen persons offered their assistance, and
before the accused could speak in his own de
fense his hat was jammed over his eyes, and he
was dragged to the rear ot the car.
While there, and carrying on with the
avengers a war of words as to what the indig
nity meant, still another lady rose, also seated
further up the car, and accused a gentleman
sitting behind her with improper conduct. A
rush was made forinsulter number I wo, but that
gentleman vigorously defended himself with a
large walking stick which he happened to have
(and which, by the way, was oue cause of the
last troubles, his accuser stating that he had In
decorously been lapping her ankles under
the seat with the same), and while the struggle
to get at him was still in progress, somebody in
the front of the car shouted there's a "snake on
the floor:" A scene then ensued. The ladies in
the car clambered up on to the scats, and many
got on the arms and backs of the same. One
elderly maiden managed to stand on the backs
of two seats, in the best circus manner possible
under the circumstances, while a young mother
threw her baby into a parcel-rack, and thou
hung convulsively to a ventilator.
the confusion awoke the countryman, who.
on being told of the snake, first felt in his bun
dle, and then exclaimed, "I'm blamed if that old
eel haint got loose," started for the front, and
soon returned grasping firmly an immense eel,
which he had first caught, while o-it fishing,
but wnicn, when brought into the car, had
managed to get out of the bundle, and had
wended its way to the front, lovingly carcssiug
the different varieties of ladies' carters which
he encountered on the way. Apologies given
and received straightened "everything In that
car but the hat that was jammed down, and the
countryman leaving at the next station, no blood
was drawn.
A FRENCH NAVAL PRIZE.
Seizure of a Uerinnu Vennel With an American
tiiran.
A private letter recently received in this cltv
from Tahiti has some interesting Information
about the capture of the North German barque
uazeiie, wnicn eauea iroin this port September
2. On the 22d November, when about twenty
miles from Iquique, and nine or ten miles off
shore, the vessel sighted a steamer which, ou
approaching, proved to be the French gunboat
Lauiotne riquet. An omcer trom tue steamer
boarded the barque, overhauled the papers, and
took possession of vessel and cargo as a prize.
The cargo belonged to Americans, but no per
son of that nationality was on the vessel.
The officer hauled down the North German
flag, substituted the French tri-color, and sent
the bark to Tahiti. Tho master and a boy were
left c the Gazelle, and the crew taken ou
board the steamer as prisoners of war. The
steamer proceeded to Iquique, where she ar
rived on the 2uth of November. The comman
der of the steamer told the crew to consider
themselves prisoners of war, and, if found at
tempting to escape, they woull bo instantly
snot, xne reruvian authorities notified the
commander that they would not allow him to
take the crew of the Gazelle away, and he wa3
obliged to free his prisoners San Francisco
Hulk-tin, Jan. 17.
TERRIBLE SLEIGHING ACCIDENT.
Krsulta of Careleaa Drlvlnar.
The inauguration of the season's sleieh-rldinir
in Harlem yesterday was marked by a terrible
accident, the result ot the careless driving of an
amateur sportsman. Mr. James Watson, the
County Auditor, was drlvingdown the lane with
a friend in his sleigh, drawn by a magnificent
team of horses. When nearly opposite White
beck's Club-house, a young German who was
driving up the road in a hired Bingle sleigh with
bis wife crossed the road and ran into Mr.
Watson's sleigh. The off horse of Mr. Watson's
team, a splendid sorrel mare, valued at $10,000,
was almost instantly killed by the shaft of the
German's hired sleigh being driven through its
chest.
The worst part of the accident then occurred.
The horse of the German's hired team, in
prancing and dashing about Mr. Watson's
sleigh, it is supposed kicked him id the fore-
bead; at any rate be feu out of his sleigh with
a terrible wound on his left forehead, about an
inch and a half long, his skull being fractured.
The German, who was Intoxicated, was flung
out of bis sleigh, and his wife, who was with
bim, screamed fearfully. Mr. Watson was
taken to the club-house, where he remained
last night Jn a very critical condition. The
German gentleman, who did not know how to
drive, was released on giving his card. N. Y.
H'orM, to-day.
The Trenton, N. J.. Myatery Cleared Up.
The inquest on the body of Asa Downes took
place at Trenton yesterday before Corouer Par
sons. The result of the investigation shows
that the murder theory was based upon no evi
dence to warrant the suspicion of foul play. It
was proved that Downes left his watch at a
watchmaker'B and gave his pocketbook in
charge of a friend. On Saturday night he
wandered in an intoxicated condition to the
Sand Town road, and fell on some pieces of
glass, which cut his hand bo severely that the
loss of blood and exposure to the cold caused
death. The jury, after hearing the evidence,
returned a verdict of "accidental death." The
city was much excited until the evidence was
given before the Coroner's jury, and great relief
is felt that there was no reason to suppose the
deceased had been murdered.
Too much study has made a Springfield
negro boy, sixteen years old, insane.
It Is now thought that at least twelve lives
vere lost by th burning of the Spotswood
Hotel in Richmond.
Richmond's cup of bitterness Is full and
running o'er. McKeuu Buchanan is acting there
this week.
Eog, the paralyzed 8iaaiese twin, is re
ported to be falling rapidly.
The Baptists of Akron, Ohio, are com
fortably Immersed in warm baths.
Maine lavishes $1 '75 a year ou the educa
tion of each of its public scholars.
The win of President Lopez has been pro
bated in England and reprobated in Mexico.
Dulutb Bay has a stage ronte over eighteen
inches of ice, with the thermometer au inch
below zero.
New York Money aad NtoeK Market.
Niw York, Jan. 5. Stoaks very strong. Mony,
per ceut.. uold, 110. Mwi, 18i,
coupon, 109)tf ; do. 1984, do., 10s?, ; do. 1805, do. ms' s
do. 1866, new, 107?; do. 186T, luv; do. 1868, 10sx;
10.40s, 108i. Virginia 6s, new, 61 Missouri 6a, ao;
Canton Co., 6'J; Cumberland pref., 1A New York
Central and Hudson Klver,rj ; fine, H'llf; Reading,
W4; Adams .Express, esjs4-; Mlchlgau Central
118: Michigan Southern. US: Illinois Central.
133: Cleveland and PltUburg,;i06; Chicago aud
.hock uiano, juo', ; ruuuurg ana rori Wayne.
t'ih ; Western Union Telegraph, 7JW.
SECOND EDITION
MATTERS AT HARRISBURG.
The Public Printing.
The Philadelphia Militia Question.
It is Harmoniously Settled.
Jimmy Hsggerty Comes to Grief.
He is Sho; ly "Seddy the Blacksmith."
End of a Mortal Tcud.
FROM TUE ST A TE.
The Philadelphia MllltlaOuestloa Nettled liar-
Rionlonaly The Keeord The Coatract
Awarded to a Philadelphia The state
PrlnllDK Iilkellliood of New Propoanla.
Special Dtupatcht to The Evening Telegraph.
Harkisburo, Jan. 25. The question which
has been agitating tho military mou of Phila
delphia for some time past has been finally set
tled to the mutual satisfaction of all parties
concerned. The resignation of Captain Ryan
from the 4th Regiment will be remembered by
the readers of The Evening Telegraph. He
had command of the champion organization of
the country, having been awarded that title,
nominally, at the exhibition which was given
some time since at the Academy of Music, in a
conteot with the Montgomery Blues of Boston.
He fevered his connection in the expectation of
being able to raise an independent organiza
tion. It was suggested to him that it would be
possible for him to revive the old organization
known as the State Feuclble?, and he secured a
petition to that effect, signed by Colonel Page,
Lieutenant-Colonel Cook, aud other prominent
members of this old corps. It then needed a
special act of the Legislature to extend the
same privileges to the company as are now held
by the Washington Greys, Keystone Battery,
Philadelphia City lroop, and Weccacoo Legion.
Such a bill was drafted and presented in the
Senate by Colonel Dechert. The Military Com
mittee reported upon it favorably. Protests
signed by the Board of Oliicers of the 1st
Division were then forwarded here, and they
were followed by a number of the oilieera of
the division. Yesterday Colonel A. J. Sellers,
of the 4th Regiment, arrived here, and ot bis
request the bill was recommitted, and a full
hearing In the case was had this afternoon and
evening. Colonel Sellers made a long state
ment, in which he held that enzh an act would
have a tendency to disrupt the entire division
of Philadelphia militia, and that if it passed
nearly every company in the division would ask
for the revival of the charters of the numerous
old organizations which were iu existence
some years back.
Captain Ryan was also before the committee
and slated the reason which influenced him in
preseing the matter. He said that under the
present defective militia system of the State it
required a heavy outlay of money by his officers
and men, which would be obviated by the pro
posed enactment, as the signers of the petition
had volunteered to freely give money, if the
old organization, which had taken an active part
in the War of 1812, was revived. If he saw any
other way to accomplish the object desired by
these gentlemen, he would not insist up an the
bill.
Adjutant-fieneral Russell then Bpoke at
length, In which he held that tho recognition
of any further independent military compaules
was against the true ascertained policy of the
department. He knew of a course under the
present law by which Captain Ryan could be
accommodated, and he was not aware of any
gentleman connected with the soldiery of the
8tate whom he would more desire to gratify.
If the Captain would take his petition to the
Mayor of Philadelphia, and have it duly at
tested and forwurded, he would by return mal
order an election of oilicers, whom he would
commission as officers of the State Fencibles,
with the proviso that the organization must
consent to be assigned by Major-General Pre-
vost to some Philadelphia regiment.
This proposition the Captaia accepted, and
the matter was withdrawn from the committee,
Vbe Publication of the Record The Contract
Awarded by the Committee to a Pblladel
rhlao.
The publication of a record, as far as the
joint committee of the Legislature is concerned,
has also been decided. This subject has caused
much excitement on the Hill, owing to the com
binations which have formed, but which are
peculiar to Harrisburg, to prevent the successful
bidder entering into the contract. This gentle
man, Mr. John M. Carson, a Philadelphia was
the second lowest bidder, and, by reason of the
inability of the lowest bidder to fulfil the re
quirements of the committee, was notified to
appear before the committee, and having
satisfied that body that he could do
what they wanted, was awarded the contract.
Every obstacle was placed in his way by a com
bination which was so apparent as to be the sub
ject of general remark, and as a final resort he
was compelled to locate bis printing establish
ment at Lancaster. Haviug made all the neces
sary arrangenients.be again appeared before the
committee last evening with his sureties, aud
the contract and bond were signed. His price
is $14 ptr page for a dally record of the pro
ceedings, including an abstract of the debate,
the length of which is to depend upon the Im
portauce of the subject under consideration.
The Public PrloiliiK.
It seems to be the opinion of a majority of
the members that the ceremony of bidding for
the B ute printing will have to bo repeated, aa
the contractors do not seem satisfied with the
disposition Bhown by the Senate to-day, iu
unanimously passing the bill requiring all print
ing for the State, no matter in what shape it
may come, to be doce at the same rate as pro
posed yesterday. Those acquainted with the
manner in which this printing has been done
heretofore can readily understand that no man
can do one hundred dollars of work for twelve
and a half cents, without having something
cite upon which he can more than make up
the deficit. Under a decision rendered
some year ago by Judge Pearson,
it st cms ibat only a f mall port' on of the work
done by the contractor has been considered sub
ject to the act of 18C nnd the supplement of
1802 say one-fifth so that under the system
now in vogue, the contractor has been enabled
to make heavy perquisites from the reintlnlug
four-fifths. Indeed, the contractor proposing to
undertake the job for the next three years has
agreed to give the State $20,000, or thereabouts,
for the printing outride of the few items on
which lie actually bid. The feeling prevails
that he will not now appear, fearin? that he
may be held subject to any new law which the
Legitlature may enact.
FROM JVEW FORK.
Shooting- oT the Notorloua Jimmy tlaccerty.
New York, Jan. 25. James Uaggerty, a
notorious character, was shot early this morn
ing by William Varley, better known as "Reddy
the Blacksmith," in a saloon at the corner of
Broadway and Houston street. The men. had a
quarrel over some trouble growing out of a pre
vious encounter at Florence's saloon. Haggerty,
it is said, fired three shots at "Reddy" without
effect, when the latter returned tho fire. Hag
gerty was mortally wounded and is now dying.
Vorley gave himself np aud is now held Iu cus
tody at Police Headquarters.
neatrnrtlve Fire.
New York, Jan. 25. A fire broke out last
night in the double building Nos. 8 and 83
Worth street, owned by Baucndorth &Co., deal
ers?in linen goods, who occupied the first floor,
and sustained a loss of fiOOO on the building and
410,000 on the stock; Fortsman & Co., dealers
in woollens, on the upper floors, lost 35,000 in
stock.
Arrest or Freight Car Kobbere.
New York, Jan. 25. Freight cars of the New
York Central and Hudson River Railroads have
been robbed almost nightly of goods for
months past. Two men were arrested early this
morning, supposed to be engaged in the rob
beries, and aro held by Justice Hogan for exami
nation. I.oa.ea by Hre.
The fire early this morning in the cloth house
of Horstman it Co. damaged tho stock to the
extent of 520,000.
Mpecle Ntilpmenta
to-day for Europe are f 03,520 in silver bars.
rteir York Produce Market.
Nw Yobk, Jan. 2. Cotton quiet and strong;
snles of 2000 bales. Flour lirmer; sales of 16,ihio
barrels State at M-HKgi-25; Ohio at t0 907-SO;
Western at fG-10,7-ir. Wheat active and firmer;
sales of 62,Gco bushels new spring at $l-54)g( I'M1;
winter red and amier Western at JPSiiinA-BS;
Corn firmer; sales of 41,ooo bushels new-mixed
Western at S.VnSCic. Oats firm: sales of 33,oou
huBlicls Ohio and Western at fi'Mfno. Beef steady.
Pork steady: new mess, ti'2-75i;3 ; old, 28. Lard
nnfet: steam, 1213c. ; kettle, 13' 13;c. Whisky
tirm at95!95x.
FROM WASUIJrGTOjY.
The Department of the Month.
DejtfMtch to the Associated Presa.
Washington, Jan. 25. By direction of the
President the headquarters of the Department
of the Sonth is transferred from Atlanta, G 1.,
to Louisville, Ky., the latter being the head
quarters ofMaj or-General Halleck.
FROM DELAWARE.
Death of fhouiae Garrett.
Wilmington, Del., Jan. 25. The venerable
Thomas Garrett, well known as a prominent
abolitionist, and especially as a friend of escap
ing f laves, died here this morning, aged eighty
two, lie had been ill for some time.
FROM THE WEST,
rieary Snow Hrorni.
Cincinnati, Jan. 25. A heavy snow storm
has prevailed eince 9 o'clock. Wind northeast.
rENSSYLVANIA. LEGISLATUllK.
Senate.
Harrisburg. Jan. 25. Tho bill Incorporat
ing the American Steamship Company of Phila
delphia was reported from the committee, aud
being called up by Mr. Connell, was passed to a
third reading.
Bills in place:
By Mr. Connell, one providing that the au
thority to take possession of land and pro
perty heretofore given to the Commissioners
for the erection of South street bridge shall not
extend to the taking of land or property form
ing part of the roadway 'of any railroad com
pany, and the said bridge shall be so constructed
as not to obstruct, interfere with, or embarrass
the use of any railroad over which it may bo
carried.
Also, one consolidating the Young Men's
Home of Philadelphia with the Young Men's
Christian Association, giving power to establish
homes in different part of the city.
Mr. Rutan, one providing forthe collection
and recording of statistical information relating
to the development and growth of the various
resources of the State. It empowers the Gov
ernor to appoint a commissioner of statistics
for two years at $2500 and travelling expenses
and oflice expenses. His ollice is to be iu Har
risburg, and at tho end of into years the duties
are to be discharged by a clerk in the State
Department. State aHd couuty officers are to
give him all possible information, and he is to
report annually to the Legislature.
Mr. Randall, one incorporating the Lutheran
Mission and Church Kxtensiou Society. This
bill was held by the Speaker for examination.
Mr. Anderson, one changing the Pittsburg
and Connellfrville Railroad to the Pittsburg,
Washington, and Baltimore Railway Company.
Mr. Evans, one preventing the killing or sell
ing of rabbits between Jauuary 1 aud Octo
ber 15.
Mr. Petriken, one extending to bituminous
coal sections the provifelous of the act of March
8, 1870, providing for the safety of miners.
The joint resolution instructing Congress
men to vote against the proposition to sell the
Pittsburg Arsenal was patued.
Mr. Graham said be had discovered that
hi the minority report in the Lvudall-Dechert
case made yesterday injustice had been done to
the majority, and he desired to withdraw the
report for amendment, which request was
grunted. The error made was iu taking the
liguies which showed L.tndall to be elected
from a class of specifications different froin
those taken by the majority.
The Senate bill making Westmoreland county
a separate judicial district was passed llually.
The Senate bill giviug fc'iO.OOO to the sufferers
by the Miiilintown fire nas called up and passed
finally.
Ilouae of itepreaeatatlvea.
Mr. Cloud oifered a resolution appointing a
(elect committee of five to investigate and ex
amine into the system of life insurauce as prac
ticed by companies doing business in this 8tate;
also, under what authority and by what laws
the companies are dolug bu&iucss, with a view
of ailoruicg better protection to the people.
The said committee shall have power to Bend
for persons and papers, and report to this House
Ly bill or otherwise, provided there saali be no
cost to the btate.
The resolution was referred, on motion of
Mr. Mann, to the Judiciary Committee.
Among the bills favorably reported were the
following:
Exempting the property ot the Sonthwark
Soup Society from taxation.
Confirming the grants and plans along the
connecting railroads, as prepared by Councils.
Supplement to the Provident Life and Trust
Company.
The following were included among the bills
Introduced:
By Mr. Leonard, repealing the 1st and 2d sec
tions of the act limiting the liability railroad
companies to $5000 for causing the death of a
passenger.
By Mr. Lewis, Incorporating the Philadelphia,
Delaware and Chester Central Railroad from
Philadelphia to some point on the Pennsylvania
Railroad east of the Steamboat station.
Bt Mr. Miller, of Philadelphia, that it is
hereby declared to be the true lutent and mean
ing of the acti to which this is a supplement,
the pnblic buildiDgs act of Augutt 5, 1870, that
the public buildings therein mentioned shall be
erected upon one or more of the four Penn
Squares therein named, and not npon the inter
section of Market and Broad streets; aud it shall
be unlawful for the commissioners named in the
said act to erect said buildings in the said inter
section, or to otcupy any portion of said streets
with the same.
Mr. Miller, of Philadelphia, moved to suspend
the rules so as to refer his bill to a committee of
the Philadelphia members.
Mr. Marshall said that the question was a
grand judicial one, and should go to the Judicial
Committee.
Mr. Johnson (aid that the people had settled
the question by their vote, and it was not the
business of the Legislature to interfere.
FROM EUROPE.
Veaterdar'a Quotation.
London, Jau. 243 Y. M. American securities
quiet. Stocks quiet.
Liverpool, Jan. t 3 P. M. Cotton Drmer, mid
dling uplands, 7?t$Sd. ; middling Orleans, 8,Vn;
f V1. bales 12,000 hales, of wbtcn 2000 were for ex
port and speculation. 8ales of cotton loading on
t-Mp at Mobile at Rd. for mliUUiDg Mobile. Bread
stuff's quiet. Receipts of wbeat for three days,
2f,u00 quarters, 22.uoo of wbleh were American.
Oats, 3s. 2d. Peas firmer at 44s. 3d. Linseed Oil at
London easier at 29.
ri3fAii;E and (jimiuuiiuu.
EVENINrt Trt.eqrapr OprrcB,
Wednesday, Jan. S. 1871. i
The market is apparently amply supplied with
funds, and currency is freely dispensed at the
banks and on the street at rates generally favor
able to the borrowing classes. We notice from
day to dny an improved demand for capital on
business account, and prudent men are begin
ning to , provide for their usual spring wants
whilst money is abundant and accessible. Call
loans this morning are comparatively quiet at
50cii per cent, according to collaterals. Prime
discounts range from 7 to 8 per cent , except at
the banks, where first class paper is freely taken
at the legal interest.
Gold is very quiet and steady, with all the sales
reported at 110- .
Government bonds are moderately active and
our quotations show a further advance.
There was considerable activity in tho Stock
market, and prices advanced. State and City
bonds were quiet, with sales of the latter at
100; for the new 0s.
Headlnsc Railroad was dull, with sales at 49 J;
Pennsylvonla changed hands at fi2; Mlnchill
at57J; Elmlra preferred at89. aud Lehigh
Valley at C0,Y; 38 was offered for Catawissa
preferred, and 27 for Philadelphia and Erie.
Canal shares absorbed most attention, especi
ally Lehigh, which was quite excited and strong.
Sales at 34 b. o. at the close. No further sales
recorded.
Miscellaneous stocks were neglected, the only
sales being a few shares of Manufacturers' Bank
at 30.
PHILADELPHIA STOCK EXCHANGE SALES.
Reported by De Haven & Bro., No. 40 S. Third street.
FIKST BOARD.
12000 City Cs, New.ioo'ii
4000 do, 100,'f
8U sli Elmlra Pf.... 30)tf
OshMorCl pf.... 76
f ioo ao ioo;i
$500 Read deb bds. 79X1
100 bu Leh N . 860. 84 Vf
100
too
100
100
do..b30wn. 84
liooo rauuon m us
do., is. bio. 84 j;
do 84H
do 860. S4V
do.s5wnAi. 84 'i
do 34 V
do 830. 84 V
do....is.e. 84
i;p....
12000 SoNCS '2. Is.
cash .
1 000 Read 6s, 44-80.
15000 Phlla A E7s..
MX
1X
100
10
ino
700
800
14shMech lik..ls.
80
82 sh Penna R..ls.
2?i
do .
do.
do.
... Is. 34)1
O. 34tf
...1)60. 34
2(io do
100
100 sh Reading R... 49 V I 100
5 do 49 V' 200
100 do 1)30. 4V! 100
20 Sh Mlnchill R... 51 v! 700
a do M)4 looo
a ah Th 7 1) mi i I
do)..lB.b3e. 34 ?i
ao 0. 34Jtf
do is. S4X
do. b&O. 84, '
U U . .... W
Messrs. D JUvkn . Urotnvb, No. 40 8. Third
street, Philadelphia, report the following notations:
U. 8. S Of 1881,1111111 V: do. 1862, 109V(4109Vf !
do. 184, 10SVO109; do. 18S3, 108 J, (4100; do. 1866,
new, 107.,108s do.1887, do. 108f108H; da 1868,
do. 108,';UU8X ; 10-40, i08,v&ios. u. 8. 30 Year
6 percent. Currency, 1101X0,'; Sold, 110(4
UOs Silver, iav107: Union PaclOo Railroad
1st M ort. Bonds, 7TO(7S0; Central Pacific Railroad,
009910: Union Pacific Land Grant Bonds, 675A600.
MBUfiBS. Wh.lum paintbr & Co., No. 86 8. Third
Street, report the following quotations: U. 8. 6s of
1881, 111 'k'Oim V J 6-UOS Of 1862, 10X109X 5 do. 1864,
108ifcio9; do. I860, 108t;109; da, July, 188.
107i(il07: do., July, 1867, 10SVA108Y; do. July.
1868, 10SfG10SX ; OS, tO-40, 108.(j1084'. Gold. WOK
110?i. U. 8. Pacific R. It. Cur'cy 6a, llOVOHO','.
Philadelphia Trade Report.
"Wednesday, Jan. 25. liars la the absence of
sales we quote No. 1 Quercitron at 30$ ton. Tan
ners' Bark ranges from 17 to 122 per cord.
Seeds Cloverseod Is In small supply and ranges
from 10.V& to li ve per lb. Timothy Is nominal at
ft(4i-?s. Plxsued la wanted by the crushers at I'M
2 -iu.
The Flour market is very arm, and a steady
demand prevails from the home consumers, with
some inquiiy ou speculation. About loo barrels
changed hands, Including superfine at $5 76 ; extras
at $v75; W!scons.'n end Minnesota extra family
at C'76&7'M; Pennsylvania do. do. at 86507;
Indiana, Ohio, and Illinois do. do. at fd-2s for
low grade up to (7-75 for fancy, and St. Louis do.
do. at 18. Rye P'our may be quoted at S3 -25(45-50,
200 barrels sold at the latter rate, in Cora Meal
no sales were reported.
The market is poorly supplied with prime Wheat,
and for this description a steady demand prevails
at full puces. Sules of SOiO ausnels at 81-67Q1-60
for Indiana red; l-4.rl-r0 for Pennsylvania do.,
and f HMMl 67 for amber. Rye ranges from 5c477c.
for Western. Corn Is scarce and held at a further
advance; sales of ftPO bushels Wf stern mixed at
sue. Oats are unclmnped : 1500 bushels Western and
Pennsylvania sold at &7t0c.
Whisky Is held wiih more confidence. 23 barrels.
Western Iron-bound sold at 93c.
LATEST Smi'PIXO 1XTCLLIHESCE.
PORT OK PHILADELPHIA JANUARY 25
BT1TB OF TUKRMOMITf B AT TU IVININO TBXlfUBAPH
OFFICS.
8 A. M 25 U A. SI 32 1 1 P. M 3'J
SUH RISS8 7-16 MOOM SBTS. 10-pJ
Sdw Bits c- 9 lima Watbk 6 lo
' ARRIVED THIS MOKNINO.
F,r. bark hinmu, KorLCh, from Windsor, M.S., with
plaster to W orkman A l'o.
MEMORANDA.
Steamer Jwn'au, Hoxi.-, hence for New Orleans,
sailed from Havana 6 P. M. yesterday.
Steamer Yazoo, Catharine, from New Orleans for
Philadelphia, sailed from Havana 5 P. M. yesterday.
Steamer Wyoming, Teal, hence, at bavannah at
9 w P M. yesterday.
Steamer Leopard, Hughes, for Philadelphia, sailed
from Providence at b o'clock this moiniuR.
ODTMxmdMii' ff Th Kveninn Ttleqrmh.
KA8TON tt McMAUO'S BULLETIN.
PniLADKLrtiu Branch Oh kick, Jan. 25. Not
wHbsuiuduig the heavy Ice iba Errlcksou line con
tinue tbelr trips between PhUadelphia aud Baiti
more and New York, and are reoelvlng goods for
those points. The New York, goods go via Camden
and Aniioy Railroad. C.