THE DAILY EVENING TELEGRAPH PHILADELPHIA, FRIDAY, MAY 5, 181.
TBS SAFEST INVESTMENTS.
From the N. Y. Times, May 4.
We hope we may bo pardoned a few timely words
on "safe Investments." There need be no competi
tion between the New Loans for refunding the Tab-
Uo Debt of the United states and onr new Railway
undertakings, or their Bankers, while marketing
ineir mortgage bonds. The Treasury, In the last
two years, has released two hundred and five mil
lions of capital, previously Invested In United States
B-SOs, and left this sum, or nearly the whole of It (as
few of the bonds redeemed have been drawn from
Europe), free to the encouragement and extension
Of our great Railway system. In proof of the
effect of this policy, we may Instance that,
In 1369, no less than six theusand miles, and.
In 1870; about eight thousand miles of new Roads, or
Roads not previously completed, have been added
to this unexampled monument of American enter
prise. But withal there Is a large and wholly dif
ferent field of Investment, which ought not to be,
and, we believe, will not be, disturbed by Railway
undertakings, however wide the difference in the
rates ol interest which they promise to pay, as com
pared with the Public Funds, bearing five or six
per cent, in Gold, free of all taxation, and Btihject
to no contingencies or periodical embarrass
ments, even assuming them to be temporary,
and not chronic in their nature, to which
most corporate undertakings are neces
sarily subject. In Hie event of such
drawbacks, the higher rate of interest would weigh
but little against toe consideration of stable and su
perior security. This higher rate, whetner we call
It 0, or T, or 8 per cent, per annum, certainly Justi
fies the risk of buying Railway Mortgages as an in
vestment, to a certain measure, of the available
wealth of the private purchaser; but It Is scarcely
prudent that, his whole iuems, if he has retired
irom active business to live upon his income, should
be left subject to the contingencies that necessarily
surround this class of investment. Least of all is It
desirable that moneyed corporations having to do
with trust funds or savings funds should be led Into
the temptalion of Jarge interest on Railway Morc-
auc Ull UUI 1U l' 1 1 ' V. 1 1LI :Ll J. D L 'i I VJ nu luiiv. r f alum UUH.
when the very nature and obligations of their busi
ness imply the duty of selecting the h ighest secu
rity, at moderate rates of income, rather thau lu
riuiping lu the chances of making more income with
less security.
Advantage Is taken '.by some of our Bankers
engaged lu placing Railway bonds, of the probability
that the United States 6-SOs may be called in for re
demption at no distant day, to advise the holders to
convert this security into their own. They promise
the same or a higher rate of Interest in Gold at a
much lower price. They urge the 6-20 holders to
make certain of the difference at once, which It is
said they can do wltnout impairing, by the change,
the perfect security of the investment. We doubt
the wisdom or prudence of such counsel. It may
be given in all good faith, but assuredly it is advice not
proer to be taken by that class of quiet, well-to-do
feople who are accustomed to hold and to prefer the
ubllc Funds of the United States as an unfailing
source of steady income, as a rising security In the
confidence of the whole world, and as an investment
to which they subscribed, perhaps in the darkest
hours of the nation's trial, or at the close of the
great war, and which has been growing stronger
and in higher appreciation ever sluce. We do not
propose to institute comparisons, where In one sense
there can be none; but we make free to say to this
class of holders, even if their 5-20s should be re
funded into 6 per cents, the Government security had
lest not be parted with. The very fact tuat
the Government can borrow of others at
a lower rate Is significant of the superior
safety of Its Bonds, and it would
scarcely be possible to make these prudent people
feel as comfortable or secure with any other bonds,
however bright the prospect may be made to look for
prompt payment of Interest through a period of
twenty or thirty years. We could instance, from
onr long experience as a reporter In Wall street,
many painful cases of disappointment, some of them
of recent occurrence, where large promises and
great expectations, based In good part en distin
guished names in negotiation, and equally distin
guished names In management, have turned to ashes
after a few years of fat dividends, by some freak of
fortune, or sudden turn of bad luck, Incident te, if
not Inseparable from, the undertakings Involved.
To men of wealth who are constantly on the look
out for "speculations" In the street, and can afford
to risk part of their means for the chances of
extra profit or extra dividends, such disappoint
ments come in the war of business, but It is not so
with well-to-do people, in city and country, who
seldom visit the Stock Exchange, and who for a
quiet life had best keep their money at 6 per cent,
in United States 6-20s, until they are called In for
redemption, and then make haste to secure the
next best rate of Interest on the same solid se
curity. MUSICAL AND DRAMATIC.
The City Amusements.
At the Academy of Music the brilliant spec
tacle of The Black Crook will be represented
this evening.
There will be a matinee performance to
morrow for the benefit of ladies, family parties,
and schools who are unable to attend in the
evening.
At the Walnut the drama of The Great City
Will be performed this evening.
A matinee to-morrow.
Mrs. D. P. Bowers will reappear on Monday.
At the Chesnut the successful comedy of
Saratoga will be repeated this evening.
A matinee performance will be given to
morrow, v
At the Arch Mr. John Brougham will have
a benefit this evening, when he will appear as
'Dr. Savage" in, his own comedy of Playing
with Fire.
At Concert Hall, this evening, a grand
complimentary concert to Mr. George A. Conly
will be given. A line programme has been
arranged, and a number of eminent artists will
appear.
At the Mu6eum, Ninth and Area streets,
the drama of Uncle Tom's Cabin will be per
formed this evening. There will be a matinee
performance to-morrow.
At the American Miss Kate Fisher will have
a benefit this evening, when she wul appear in
the dramas of The French Spy on Horseback and
Jack bheppara on Horseback, it should be re
membered that this will be a family night.
A family matinee will be given to-morrow.
A grand bazaar in aid of the sick poor of St.
Mary's Hospital is now open at Concert Hall.
A brand floral military and citizen's dress
ball will be given by the 2d Infantry Regiment
National Guards of Pennsylvania, at National
Guards Hall, Race street, below Sixth, on Mon
day evening next.
Organ Concert. Despite the rain the hand
some auditorium of the Methodist Church at
Broad and Arch streets was well attended last
evening, the occasion being the first organ con
cert given to aid the church and display the Im
mense resources of the splendid Instrument just
completed by J. C. 11. Standbridge, the veteran
organist and bullder. Some idea of the size of
this magnificent instrument may be gained
when the fact is known of its registers being
fifty-two in number and its pipes two thousand
three hundred and twenty-two.
Its beauties were fully displayed last evening
by Mr. M. H. Cross in his opening voluntary, In
which by his happy combinations and rare
execution this artist did full justice to the
organ and himself. His performance of the
well-known William Tell overture also gave
entire satisfaction, while all his accompani
ments were models of good taste. The vocal
part of the concert Introduced Mr. Gilchrist in
the bass song from Elijah, "It It Enough," given
ia this geutleman's coldly correct style; the
Mendelssohn quartette following was well ren
dered, but the vocal success of the evening
was made by Miss Slater, who in the aria
from the Messiah, "Come Unto Him," displayed
a soprano voice of great purity, sweetness, and
range, a little weak, perhaps, in the lower regls
' ter, but very good in the upper. This lady, with
study and perseverance, bids fair to occupy a
first position among our concert singers. Mrs.
Darling sang in her usual brilliant manner, aud
Mr. Georire B'whon elves evident promise of im
provement: his solo last night was very accepta
bly rendered. Mr. 11. A. ClarKe gave solos on
the organ by Wely rnd Collin in fine style aud
iullv subtaiued his reputation.
At the close of the musical season it Is nselees
to speak of the splendid performance of Wenzel
Koota. he has during the past winter been so
frequently beard and aduilied, but at no time
to f renter advantage than at the concert last
night. The "andante," by Mendelssohn, held
the audience spell-bound, ana were the place
not too feacred for loud demonstrations of ap
plause, the great violinist would have been again
and again recalled.
The public In patronizing these concerts not
only astiiiU the congregation and aid one of the
tuoet beautiful Methodist churches la the city,
but therenJoT an entertainment first-class In
every respect, superior indeed to many concerts
of higher prices. The second and last concert
will be given on next Thursday evening, and
will be conducted by Mr. II. O. Thunder, If
an afternoon concert could be given. It would
doubtless give pleasure to many out-of-town
people wh cannot attend at the evening concerts.
C I T Y ITEM S.
Injurious Effect of Too Much food. Undoubt
edly many of the Ills that flesh la heir to, partlcu
larly in the vernal months, arise from the common
practice of Imposing upon the stomach more food
than that organ can properly digest. Persons of
sedentary habits are particularly liable to be injured
by giving fuil scope to their appetites. By Indulging
at night and at other unseasonable hours in rich
viands, cannot fall to produce Indigestion, dyspep
la, skin diseases, and sometimes, when the syBtem
becomes overcharged with blood, that dangerous
disorder, apoplexy. The habit of partaking of noc
turnal meals rapidly alters the "tone" of the system
and diminishes the solvent powers of the- digestive
organs.
Frequent and active exercise would work off the
Injurious cfTect arising from free living, but persons
who thus indulge their appetites usually have no de
sire to exert themselves In the open air beyond
the limited amount prompted by their Inclination or
business. The effects, too, of occupations upon the
system are very apparent. The hardest manual
labor in the open air has the Influence of exercising
a free circulation of the blood and produces a keen
appetite, with a corresponding activity and prompt
ness of digestion. The pale and sallow complexions
of operatives in woollen mills, ivory-turners, and of
many artisans, are an nnralling evidence that these
pursuits are Injurious to health, and when constantly
engaged In them the poisoned atmosphere of the
apartments often produces a fatal Inflammation of
the lungs.
An ounce of prevention Is worth a pound of cure,
is an old and.trutbful saying, Therefore we advise
all readers of The Telegraph who are troubled
with the complaints now very prevalent dyspepsia,
headache, indigestion, disordered liver, want of ap
petite, nausea, or feverish skins to take without
delay Dr. Schenck's Mandrake Pills. We know of
no remedy so harmless and decisive In Its action. It
at once strikes at the root of the disease and pro
duces a healthy tone to the system. These pills can
be obtained of druggists throughout the country at
twenty-five cents per box.
Headers of The Evening Telegraph desiring to
consult Dr. Schenck, Sr., or Dr. Schenck, Jr., for
consumption or any other disease which their reme
dies Pulmonic Syrupi Seaweed Tonic, and Man
drake Pills cure, can do so free of charge at their
Principal Office, Sixth and Commerce streets, Phila
delphia, any Saturday morning after 10 o'clock.
Those who Desire a Brilliancy of Complex
ion should beware of cheap patent plils, or other
cathartics containing calomel and mercury. Use
Nature's remedy, Helmbold's Fluid Extract Sak-
8AFARILLA and IlBLMBOLD'S CATAWBA GRAPE PILL8.
Component parts Fluid Extract Rhubarb and Fluid
Extract Grape Juice. For Liver Complaints, Jaun
dice, Bilious Affections, Dyspepsia, Sick or Nervous
Headache, Costlveness, etc., the Pills are une
qualled.
Wall Decorations We desire to call attention
to the card of J. H. Longstreth, No. 12 North Third
street, to be found In another column. This well-
known house Is now enabled to supply some ninety
different shades of plain tints of the most beautiful
and delicate shades, which can be washed without
injury. Also, a large and varied assortment of Ori
ental Satins, which cannot fall to please the most
fastidious. Visit this elegant establishment, and be
delighted.
Vegetinb has suddenly become a household word,
simply because it Is curing the suffering public of all
diseases arising from Impure blood, which many
other remedies have failed to reach. It is Justly
called Nature's Remedy, being composed exclu
sively of Barks, Roots, and Herbs. Its action upon
diseases is really wonderful. It may be given to an
Infant with perfect safety.
Young Ladies, Beware! of the Injurious effeots
of Cathartics and Purgatives, containing mercury,
calomel, and other deleterious drugs. In a short
time they enervate and destroy the system as well
as the complexion. If yon would have a fresh,
healthy, and yonthful appearance, nse Uelmbold's
Fluid Extract sarsaparilla and Hblmboi.. " Ca
tawba Grape Pills. They are purely vegetao.
a pleasant purgative, and cause neither nausea or
griping pains.
Mb. William W. Cassidt, the Jeweller at No. 8
South Second street, has one of the largest and most
attractive stock! of all kinds of Jewelry and Silver
ware In the city. He has also on hand a One assort
ment of fine American Western Watches. Those
who purchase at this store at the present time are
certain to get the werth of their money.
T Insure Health and Proper Digestion yon
should nse Uelmbold's Catawba Grape Pills1
They are composed of Fluid Extract Rhubarb and
Fluid Extract Catawba Grape Juice. They excite
digestion, nourish and Invigorate the system, and
purge out all the humors that grow and rankle In
the blood. Helmbold's Sarsaparilla makes New,
Fresh, and Healthy Blood, and Beautifies the Com
plexion. A. S. Hamilton's
Standard Sewing Machine Office,
No. 700 Chesnut Street.
Howe's, Grover & Baker's, Folsom's, and other
first-class machines sold 110 per month aud to rent
There Is no Article in Materia-Medica which
supersedes Castor Oil, Magnesia, or Salts equal to
Uelmbold's Catawba Grape Bills for purging
from the system all superfluous and worn-out mat
ter. For Biliousness, Costlveness, Sick or Nervous
Headache, etc., they are unequalled, as they cause
neither nausea or griping pains ; after which purify
and make New Blood by using Uelmbold's Sarsa
parilla. For Oysters always, 'fresh, fat, and inviting,"
Stewed, Steamed, Roasted, Panned, Broiled, Fried,
and Raw, go to Leach's, northeast corner Ninth and
Chesnut Half peck steamed oysters, 85 cents.
In the Spring and Summer Months the system
should be thoroughly purged, and nothing Is so ac
ceptable to the Stomach as Uelmbold's Catawba
Geape Pills, after which use Uelmbold's Extract
Sarsaparilla. They invigorate the system, and
can be taken by Children with perfect safety.
Refrigerators, new styles and patterns, whole
sale and retail at No. 220 Dock street, below
Walnut.
Whitcomb's Asthma Remedy Sure cure.
There Is not such a reliable purgative known as
Helmbold's Catawba Grape Pills. They are safe,
pleasant, and efficacious, and cause neither nausea
or griping pains. Helmbold's Sarsaparilla, the
great Blood Purifier.
Burnett's Florimbl An exquisite perfume.
MAllIUED.
Tobin MOAN. On the 84th of April, by tho Rev
Father McAnnany, of the Church of the Annuncia
tion, MICHAEL TOUIN 10 M.188 AlARY MOAN.
Wills Thompton On the 84 of Fifth month,
1871. In Friends' Meeting, Salem. N. J.. Joshua s.
Wills, of Medford, and Rbbkcca W'., aaugtiterof
CttSper W. AUOUipBUU, ui mc iiniucr piiiue.
DIED.
Briars. On the 3d Instant, Gkorge 8. Briar3,
son of .Inscnh and Eunice Briars, aged 20 veara.
The relatives and friends of the fumliy are respect
fullv invited to attend the funeral, from ttie resi
dence of h'.a parents, No. 1219 Woodbiue street, on
fSunday afternoon, at o'clock. To proceed to
philanthropic Cemetery.
Davis. On Thursday morning, May 4. Elizabeth
MM i s, wile of L. N. Davis, aife.i years.
The relatives and friends of the family are respect
miiT invited to attend the funrul. from the real
deuce of her husband, No. sum Baiubrldge street, on
Monday morning, at 11 o cluck.
Ehbkn On the evening of the 4IU iLstant, Re
rit ca. relict of the late Henry fcrteu.
The relatives and friends ol the fuuiUy are respect
fully Invited to attend her funeral, en Wednesday,
the iota instant, at 8 o'clock P. M., without fur
ther notice, from her late residence, S. W. corner
Twelfth and Vine streets.
Fii.r. On the 4th Instant, Racitari. a., wife or
Thomas D. Field, in the 81st year of her ane.
Relatives and friends of the famtly are respnfully
Invited to attend her funeral, from the residence
of her husband, No. 909 Reese street, Camden N
J., on Monday, the 8th lDStant, at 10 o'clock. ' '
"I L A C K SILK GLOVES
If Just received Black silk Gloves of the "old
fashioned" English style Also Alexander's black
toffeta silk Gloves; black patent silk and thread
Gloves.
BKSSON c 80N,
Wholesale and Retail Mourning Goods House,
B16t Ho. 913 C11K3NUT Street.
Y LACK SILK O H A L L Y.
Just received Black wool and silk French
Challles, at 7.1 cents. Also, English Challles at 60
and G'lX cents.
BESSON fc RON.
Mourning l)rv Goods House,
Bl 6t No. 918 G11K8NUT Street.
TLACK STKIPED ORGANDIE 8.-L
1J Just received Plain black satin striped French
Organdies. Price 50 cents.
BESSON k. SON,
Mourning Dry Goods House,
81 6t No. 918 CHESNUT Street.
BLACK 8ILK WARP MOHAIRS.
Just Imported Black mohair Lustres, with pure
silk warps, tl to f 1-76 a yard. Black pure mohair
Lustres, sue. to 11-25.
BESSON A SON,
Importers of Mourning Goods,
6 I Ct No. 919 Cli ESN UTStreet.
SPECIAL. NOTICES.
for additional SpxHal Notice t innide IVigM.
loy- OFFICE PENNSYLVANIA RAILROAD
COMPANY,
Philadelphia, May 1, 1S71.
NOTICE TO STOCKHOLDERS.
Notice is hereby given to the Stockholders of this
Company that they will have the privilege of sub
scribing for New Stock at par In the proportion of
one share for every six as registered In their name,
April 80, 1871.
Holders of less than six Shares will be entitled to
subscribe for a full share, and those holding more
than a multiple of six Shares will be entitled to an
additional Share.
Subscription will be received and the first Instal
ment of Fifty per centum will be payable between
the 22d day of May and 22d day of June, 1871.
Second instalment of Fifty per centum will be pay
able between the 92d day of November and 22d day
of December, 1871. If Stockholders prefer, the
whole amount can be paid at the time of subscrip
tion. No subscription will be received after June 22,
1871. THOMAS T. FIRTH,
5 1 8w Treasurer.
fczr- AT THE &NNUAL MEETING OF TH1
w Stockholders of the LEHIGH ZINC COM
PANY, held on WEDNESDAY, Mav S, 1S7I. the
following gentlemen were elected to servo as Direc
tors during the ensuing year viz. :
BENJAMIN O. WEIHTER,
GEORGE K. ZIEGLER,
CHARLES W. TROTTER,
GORDON HONORS,
ADOLPH E. BOKlB,
CHARLES L. BO HIS,
JAMES C. F1SHBK,
And at a subsequent meeting of the Directors the
following officers were elected to berre during the
ensuing year. viz. :
BENJAMIN C. WEBSTER, President.
CHARLES W. TROTTER, Vice-President.
GORDON MONGES, Treasurer
HENRY A. WILTBERGER, Secretary.
By order of the Board.
GORDON MONGES,
6 3 St Treasurer.
gy- NOTICE. THE SEMI-ANNUAL EXAMI-
nation of applicants for certificates of qualifica
tion as teachers in the Public Schools of the First
Scheol District of Pennsylvania will commence at 9
A. M., precisely, at the Central High School, Broad
and Green streets, on WEDNESDAY;, May mth, 1971,
and will be continued on the following Thursday
and Friday, at the same hour.
No applicant under seventeen years of age will be
examined.
No pupil of the public schools will be examined
who has not passed at least a two years' course of
study in the Girls' Normal or Central High School.
Graduates of the Senior Classes are entitled to at
tend the examination.
An average of 7(5 is required for a certificate of the
first grade; an average of 65 for the second grade;
and an average of 60 for the third grade.
By order or the Committee on Qualification of
Teachers. LEWIS ELK1N,
Chairman.
x. W. Halliwell, Secretary.
UNION LEAGUE HOUSE,
Philadelphia, April 29, 1871.
In compliance with the desire of the members of
the Union League, the THIRD ART RECEPTION
will continue open MONDAY and TUESDAY EVES
INGS, May! and !, and during the days of the ba
lance of the week, from 18 A. M. nntu 4 r. M.
Tickets now issued will be good for any time during
the week. Members can be supplied on application
at the League House, until May 6.
By order of the Committee.
GEORGE H. BOKER,
4 29 7t Secretary.
rTW- THE NORTHERN HUM K rOK JTfilgNU
rruo r'Ulinuvn NnTICV. Tho annual
meeting of contributors to THE NoRTHEHN
HOME FOR FRIENDLESS CHILDREN will be
held on TUESDAY, May 9, 1871, at 4 P. M., at
the office. No. 614 RACE Street, Philadelphia. The
election of four trustees and six mauagers to serve
for four years, and to nil vacancies, will take puce
between 4 and 4 P. M.
MAOUKELfUtf J. JH11UUB.U
6 6 4t Secretary.
VS" CCKT1N Oil, UUMrANl, UtfUlUfc, v.
oioir wil.KIIT HtrMft. Kofiin IT-
PHILADELPHIA, May 1, 1971.
The annual meeting of stockholders of this Com
pany, and election for Directors ror tne ensuing
year, win be new at mis onice, on iuurouai. may
11, 1S71, at 12 o'clock, noon.
DIM lu. c ItftlLiI, oeuroiurjr.
NATIONAL BANK OF THE NORTHERN
T.I11F.HTIKS.
Philadelphia. May 2, 1871.
The new Banking House corner of Vine and Tlifd
streets will be opened lor business on MONDAY,
May o. uujuoijcuoi,
6 g tit vasiuor.
rv FAKTU'UIAK Al'lMliu.n rn.iu iu
COMFORT and Style lu Gentlemen's Boots aud
Shoes, at
HA.n 1 LI'. 1 1 .3,
2 20tf No. 83 S. SIXTH Street, above Ciiesuut.
DIVIDENDS, ETO.
tv3- FARMERS' AND MECHANIC'S NATIONAL
BANK.
Philadelphia, May 2, 1871.
The Board of Directors hsve this day declared a
dividend of FIVE PER CiNT., payable on demand,
clPrir of tux
6 8 6t ' W. RUHHTON, Jr., Cashier.
COMMONWEALTH
NATIONAL BANK,
Philadelphia, May 2, lsji.
The Directors have this day declared a dividend
IJe
ot FIVE PER CENT., payable on demand, cier at
tax. H- C. YOUNU,
6 2Ct t;asnier.
- NATIONAL BANK OF THS RKPU1H.IC.
' Philadelphia, May 2, 1871.
The Board of Directors have this day delarel a
Dividend orjTHREB AN DONE-HALF PER CENT,
clear of taxes, paialue on demand.
U ' V ' JufcKPH. P. MCMFORD,
C 3 wfm3t Cashier.
iS" CORN EXCHANGE NATIONAL BNK.
zxf Philadklphia, May 2, mt.
The Board of Directors have this day denlarea a
ilividend of SIX PER CENT, for the last six
months, payable on demand, clear of t
H. P. DUll 1 K X ,
B 2 6t Cashier.
twv- TUB
COMMERCIAL
NATIONAL BANK
rtv PENNSYLVANIA.
Philadelphia, May 2. 1871.
The Directors have this day declared a dividend of
FIVE PER CENT., payable free of tax "n dmnaud.
b. C. PALMKlt,
6 2 6t Cashier.
nat1onTl"bank76f the" northern
Lllili.K'1'lES.
Pin i. A i hi pdia, Mav V, 1971.
The Directors have declared a dividend of TM
PEK CKrT., clear of tax, payable ou , MONDAY,
nth inn at the new liaukiug House, corner of
VINa aud THIRD bireeu.
6 1 st W. GUMMEKE, Cashier.
DIVIDENDS, ETO.
QV- THE CENTRAL NATIONAL BANK.
Philaprlphia, May 9, 1871.
The rirectora have declared a Dividend of FIVE
TER CENT., payable on demand.
6 8 8t THKO. KITCHEN, Cashier.
ty MECHANICS' NATIONAL BANK.
PniLADFi.rHiA, May 2, 1871.
The Board of Directors have this day declared a
dividend of SIX PER CENT., payable on demand
free of taxes. J. WIEGAND, Jr.,
6 8 jit Cashier.
jgg PENNSYLVANIA RAILROAD COMPANY,
TREASURER'S DEPARTMENT.
Philadelphia, May 2, 197L
The Board of Directors have this day declared a
semi-annual dividend of FIVE PER CENT, on the
capital stock of the Company, clear of National
and State taxes, payable lu cash, on and after May
80, 1871.
Blank powers of attorney for collecting dividends
can be had at the office of the company.
The office will be open at 0 A. M., and close at 3
P. M., from May 30 to June 2, for the payment of
dividends, and after that date from 9 A. M. to 3
P. M. THOMAS T. FIRTH,
5 2 2m Treasurer.
THE COAL.
ISAAC K. WRIGHT & SON,
No. 124 South SECOND Street.
YARDS Corner EIGHTH and MASTER 8ts. and
wfinj No. 819 SWANSON St. above Queen.
FINANCIAL.
GREAT NATIONAL
LOAS.
NEW FIVE PER CENT. BONDS OF TELE
UNITED STATES.
The Treasury Department is now ablo to
promise that the registered Certificates of
Stock, and a good part of the Coupon Bonds
of the New Loan of the United States, bear
ing Five Ter Cent. Interest, payable quarterly
in Gold, will be ready for delivery early in the
present month. The Subscriptions to the
Loan now amount to $U'2,000,000, &ni it is
expected that the Subscriptions and Sales will
progress more rapidly when the Certificates
and Bonds aro ready for market abroal as
well as at home. The whole sum of Five
Fer Cents offered to the public generally, and
to (he holders of United States 5-20 Bonds,
without qualification, is $200,000,000. When
this amount, to which preference is thus
given, is taken up, the remainder of the Five
rer Cents, $ 300,000,000, embraced in the
New Loan of July 14, 1870, for refunding the
Public Debt, will be offered in connection
with $300,000,000 Four and One-half Per
Cents, and any part of $700,000,000 of Four
Per Cents, the one running fifteen years, and
the other thirty years.
The following is a copy of the Now Five
Per Cent. Bond, under and pursuant to the
New Loan Act of Congress:
KO KM OF S PEK CENT. BOND.
INTEREST FUNDED LOAN OF 1981 6 PER CENT.
UNITED STATES OF AMERICA
ARE INDEBTED TO THE BEAKER IN THE SUM OF
DOLLARS.
THIS BOND Is Issued In accordance with the pro
visions of an Act of Congress entitled "An Act to
authorize the refunding of the National Debt," ap
proved July 14, 1870, amended by an Act approved
January 20, 1871, and Is redeemable at the pleasure
of the United States, after the first day of May, A.
1). 1&S1, In Coin of the standard value of the United
States on said July 14, 1870, with Interest In such
Coin, from the day of the date hereof, at the rate of
FIVE PER CENTUM per annum, payable quarterly,
on the first day of February, May, August, and No
vember, In each year. The principal and Interest
are exempt from the payment of all Taxes or Duties
of the United States, as well as from taxation In any
form, by or under State, municipal, or local autho
rity. Washington, ,18....
Entered Recorded
Register of the Treasury.
REGISTERED BONDS
will be issued of the denominations of $50,
$100, $500, $1000, $5000, and $10,000, and
coupon bonds of each denomination except
the last two. The interest will be payable in
the United States at the office of the Treasu
rer, any Assistant Treasurer, or designated
depositary of the Government, quarterly, on
the first days of February, May, August, and
November in each year.
THE INTEREST ON THE REGISTERED
STOCK
of this Loan, it is determined by the Trea
sury Department, will be paid as conveniently
to the holder as on the Coupon Stock, and
personal attendance, or attendance by proxy
at the Treasury, to draw and receipt for the
Interest, will be dispensed with, whenever th
check of the United States Treasurer, mailed
punctually to the address and order of each
Jtolder, on or before every quarter-day, it pre
ferred to such attendance. This check, pay
able in Gold Coin at the Treasury in New
York (or such other office as the Stock is
registered at,), will be negotiable or collect
able on the indorsement of the owner or
owners of the Stock. In pursuance of this
arrangement, the 'subscribers to, or pur
chasers of, the Stock in its registered form
(which is a complete protection against theft
or other losses incident to Coupon Bonds
payable to Bearer) are advised to give their
Post Office address in full, and to notify of
any change in the addresi between quarter
days. The whole proceeds of the new loan will
be applied to the pajiaeut or redemption and
cancellation of the 5-20 years six por cent,
bonds, and, in addition to these prjeeed-,
the 5-L'0s are now being reduced by purjiuia
at the rate of $10,000,000 per mouth.
The entire effect, therefore, of the in
loan, in connection with the existing siukiu.;
fund process of the Treasury, is to ruduu
both prinoipal and interest of the publio debt
of the United States. The loan creat es so
FINANOIAL..
additional supply of Government ntooks, while
the application of the surplus revenues de
rived in gold from customs is constantly les
sening, as it has been doing for two years
past, the funded Btooks bearing six per cent,
gold interest.
The 1st of May schedule of the public debt,
which has jnst been published by the Secre
tary of the Treasury, shows a reduotion in
these Stocks since the April sohodule of
$12,215,700, and a further lessening of tho
yearly interest oharge thereon of $732,942.
This leaves the total yearly interest charge
in Gold $111,982,034. In the Bame month
the Treasury paid and canoelled $2,470,000
of the Three per Cent. Currency debt, re
ducing the whole of this debt bearing interest
to $51,023,000, and the yearly interest charge
thereon to $1,537,470.
The proposed further reduction of the an
nual interest charge upon the Public Debt by
refunding is as follows:
By exchange of t.wo.000,000 United
States six per cents. lor new five per
cents of 1881 fr.,000,000
By exchange of $;0,000,000 United
States six per cents for lour and a half
per cents of 18fi6 4,800,000
By exchange of $i00,ono,ooo United
States six per cents for four per cents
ef 19U1 11,000,000
Total saving per annum by refunding. $23,600,000
The large and rapid accumulation in the
last few years of private capital now retired
from active business, and of the cash Savings
and Life Insurance premiums deposited with
or intrusted to the provident institutions of
the country all seeking tlie most undoubted
security, pledged to be kept free of all taxes,
tinder national or local authority, and con
tent, provided this object be assured, with
moderate rates of interest will no doubt
ultimately absorb so much of these New
Stocks as may not be taken in voluntary
conversioa of United States 5-20s, or mar
keted abroad. C. C. Norvell,
In charge of United States Loan Advertising.
Treasury Offfice,
New Youk, May 2, 1871. j"
PROGRESS OF REDUCTION OF TIIE NATIONAL DEIST.
JJeht of the r. S. DerrfV. ot It'.bt
Us 'h in the ilnrinq ttitt pre.
1869. yoaswry. rtJimi Month.
March 1 t2,62.43,260
April 1 2.62B,19(i,4tfl 82C.5,79S
May 1 2,618,197, 3UI 6,3!I9,1I70
Junel 2,008,412,613 1,.1J4,777
JUlV 1 2,4H'J,00'Z,40 10,410,1.12
August I... a,431,ftifi.730 7,4H5,744
.September 1 2,47&,Vl!2,.,Ul 0.004,234
October 1 2,4i)S,49.".072 7 4M.429
November 1 2,4til,i8l,lS9 7,303,843
December 1 2,453,fi9,735 7,511,454
1870.
January 1 2.4iS,74G,953 4,912,781
February 1 2,44,M:i,2s 3,9:,6J4
March 1 2,438,323.477 6,484,811
April 1 2,434,502,127 6,70tJ,34
May 1 2.420,80 ,3.t4 11,097,793
.lune 1 2,4110,)2.371 14,301,914
Julyl 2,386 358,r9'. 2",203,772
August 1 2,369,324,476 17,034,123
September 1 2,355,921,150 13,4'3,328
October 1 2,340,913,052 9,0'7.4a8
November 1 2.H4 1,784,3." 5 M29.298
December 1 2,334,308,494 7,475,800
1871.
January 1 2,832,067 793 2,240,7 0
February 1 2,828,020,807 4,040,9S6
March 1 2,820,7m 840 7,317,900
April 1.... 2,8ni),6!l7,fi9( 11,011,250
Mayl 2,303,573,543 0,124,053
Total Jifcreane Monthly l)"rtiHn in
from March 1, ittt?rt monthly inU.
1809. 18S9, to (iutr. ehurre. rtst ehurife.
March 1 $lo,5:;2,462 ........
April 1. 10,50,238 J0.224
Mayl 16,605,869 10,522.835 9,646
Junel 20,050,646 10 507,090 25,372
Julyl 88,460,779 10,476,840 55,622
August 1 43,896,523 10,i!S3.5IW 113,893
September 1.. 49,500,758 10,K3.,518 193,943
October 1.... 66,963,187 10,252,933 879,048
November 1.. 64,332,070 10,194.9l'3 337,554
December 1.. 71,903,624 10,130,625 401,836
1870.
January 1 76,716.306 10,061,506 470,938
February 1... 89,049,971 10,022,498 609,964
March 1 87,134,782 10.007,312 625,149
April 1 92,901,132 9.982.350 659,112
Mayl 104.593,925 9,956,759 575,703
June 1 118,900,888 9,920,762 6i)B,699
Julyl 139 104,660 9,886 812 615,649
AUdUStl 156,133,784 9,854,633 677,829
September 1. . 169.642,109 9,814,590 717,872
October 1.... 173,549,607 9,708,940 763 522
November 1.. 153,678,904 9,713,436 814,025
December 1.. 191,154,765 9,636,104 840,298
. 1S71.
January 1.... 193,395.466 9,644,043 688 .419
February 1... 197,436,453 9,610,336 922,076
March 1 204,754,413 9,571,007 901,455
April 1 215,765,663 9,527,212 1.005,249
Mayl 221,889,716 9,459,959 1,072,503
The foregoing is a correct statement of the public
debt, as appears from the books and Treasurer's re
turns In the Department at the close of business
April 30, 1671.
WILLIAM A. RICHARDSON,
48111218 4t Acting Secretary of the Treasury.
A RELIABLE
Safe Home Investment.
TUB
Sunbury and Lewistown Railroad
Company
7 run cx:rc-j?. a old
First Mortgage Bonds.
Interest Payable April and Octo
ler, Free or Htate and United
States Taxes.
We are now offering the balance of the loan ol
l,20O,oi0, which m siicured by a flrat and ouly lien
on the entire property and franchisee of the Com
pany, At 90 and the Accrued Interest
Added.
The Road is now rapidly approaching completion,
with a larpe trade In COAL, IKON, aud LUMBER,
in addition to the passenger travel awaiting the
opening of this greatly nteded enterprise. The local
trade alone la sufficiently large to sustain the Kaad.
We have no hesitation in recommending the Bonds
as a C11KAP, KhJJAuLK, and SAFK INVEST
MENT. For pamphlets, with map, and full information,
apply to
wra. PAINTER & CO.,
BANKERS,
Dealers In Government Securities,
No. 36 South THIf?D Street,
PHILADELPHIA.
SAFE HOME INVESTMENT,
Pa j lug 7 Per C'eut. Free from all Taxes.
The (.iiitral Mortgage 20-War Itoutla of
thVl'l ( lietttr aud I'lilludelplila
Kailruad Coiupauy,
Bearing Interest at 7 per cenu per annum, payable
April 1 ui.a October 1, free of all taxes.
We oiler for sale a limited amuuutof the above
named U'lnds ut U3 aud interest.
iuil lnloruatlou furnished on application to
t W. CLAkK & C ., tuukerg,
6 4 13t No. M (south TfctUU birocU
FINANOIAL.
7-30 GOLD LOAN
op mm
northern Pacific Railroad.
Progress of the Work.
The building of the Northern Tactile Railroad
(begun July last) Is being pushed forward will great
energy from both extremities or the line. Several
thousand men are employe Jn Minnesota and on
the Pacific coast. The grade is nearly completed
268 miles westward from Lake Superior; trains are
running over 130 miles of flniehed road, and track
laying Is progressing at the rata of one to two miles
per day. Including Its purchase ot the St. Paul and
Pacific Road, the northern Pacllio Company now
has 413 miles of completed road, and by September
dent this will bo Increased to at least 560.
A GOOD INVESTMENT.
We are now selling and unhesitatingly recom
mend, as a Profitable and perfectly Safe Investment,
the First Mortgage Land Grant Gold Bonds of the
Northern Paclilc Railroad Company. They have 30
years to run, bear Seven and Three-tenths per cent,
gold Interest (more than 8 per cent, currency), and
are secured by first and only mortgage ontneKN-
TIKR KOAD AND ITS EQUIPMENTS, and alSO On
28,000 ACRES OF LA NO
to every mile of track, or 500 Acres for each flog
Bond. They are exempt from United States Tax;
Principal and Interest are payable in Gold; Deno
minations: Coupons, flOO to 11000 ; Registered, f 100
to 110,000.
LANDS FOR BONDS.
Northern Paclilc 7-30 's are at all times receivable
at ten pek cent, abovs far, In exchange for the
Company's Lands, at their lowest cash price. That
is, in addition, to their character as a Orst-clasa
prompt-paying Railroad security, these bonds are
in effect Land Warrants bearing a prolitable rate of
Interest until exchanged for Homesteads, at tek
TEH CENT. 1'KEMII M.
SINKING FUND.
The Land Grant of the Road exceeds Fifty Mil
lion Acres, having an average soil or great fertility.
In a climate that is simply unsurpassed. The Trus
tees or the Mortgage, Messrs. Jay COOKe aud J.
Edgar Thomson, are required to dwvote the pro
ceeds or all Land Sales to the repurchase and can
cellation of the Company's Bonds This immense
Sinking Fund will undountcdly cancel the principal
of the entire Issue or First Mortgage Bonds (now
selling) before they fall due.
PROFITABLE AND SAFE.
With their ample security and high. rate or Inte
rest, there Is no investment accessible to the peo
ple which is more prolitable or safe. In view of
the Government's expectation soon to call ror the
surrender or its outstanding 8 per cent. Bonds,
under the present movement tor funding the debt
at lower Interest, many holders of United States
Five-Twenties are exchanging them for Northern
Paclilc Seven-Thirties, thus realizing a handsome
prolit, and greatly increasing their annual income.
OTHER SECURITIES AGENCIES.
All marketable Stocks and Bouds will be received
at their highest current price in exchange for
Northern Pacific Seven-thirties. Express charors
on Money or Bonds reoelved, and on Seven-thirties
sent in return, will be paid by the Fluanclal Agents.
Auenciks for the sale of this loan are established in
nearly every city and Important town turoughout
the United States and Canada. Pull information,
maps, pamphlets, etc., can be obtained on applica
tion at any agency, or from the undersigned.
JAY COOKE & CO.,
Philadelphia, New York, Washington,
FISCAL AGENTS NORTHERN PACIFIC R. R.CO
For sale in Philadelphia by
GLENDINNINO, DAVIS & CO., No. 8 S. Third at.
WM. T. ELBERT, No. 821 Walnut street.
J. II. TROTTER, No. 322 Walnut street.
WM. PAINTER & CO., No. 88 S. Third street
S. M. PALMER A CO., No. 26 8. Third street.
V. M. ROBINSON fc CO., No. I3i S. Third street
SAMUEL WORK, No. 54. S. Third street.
GEORGE J. BOYD, No. 18 S. Third street.
RALKY & WILSON, No. 41 S. Third street.
WALLACE A KEENE, No. 143 S. Third street.
STERLING & CO., no. 110 S. Third street.
U. II. WILTBANK, No. 305 Walnut street.
T. A. BIDDLE & CO., No. 323 Walnut street.
M. SCHULTZ 4 CO., No. 44 S. Third Street.
WILLIAM C. MORGAN & CO., No. S3 S. Third at,
BO WEN & FOX, No. 13 Merchants' Exchange.
WILLIAM T. CARTER, No. SIS Walnut street.
W. II. SHELMERDINE, No. 10 S. Third street.
MEGARY & PEALE, No. IS 8. Third street.
NARR & LADNER, No. 30 S. Third street.
BIOREN 4 CO., No. 150 8. Third street.
JOHN K. WILDMAN. No. 24 8. Third street
TOWNSEND TTHELEN & CO, N. 809 Walnut st
P. 8. PETERSON & iO.. No. 3 S. Third street
B. K. JAMISON & CO., N.W. oor. Third & Cheanut
EMORY, BENSON & CO.,, No. 0 a Third street
G. &. W.Y. HEBEUTON, No. 52 S. Third street
JJARKER BROS. A CO., Ne. 28 P. Third street
JAMES E. Lit WARS 4l CO,, No. 25 S. Third street
BULL & NORTH, No. 121 8. hlrd street.
D. C. W. SMITH . CO., No. 121 S. Third street
CHARLES B. KEEN, Nu. 825 Walnut street
J. S. RUSHTON & CO., No. 50 S. Third street
11. F. BACH MAN, No. Stt 8. Third street
JACOB E. RIDUWAY, No. 58 ThlM street
W. II. STEVENSON. No. 82J Dock stt
JOHN MOSS, Jr., No. 06 Waluot s
C. T. YERKES, Jr.. A CO., No. vo & street
SEVENTH NATIONAL BflNK, N. W. cor. Fourta.
and Market street 3 27mwi3m
Loan of the United States.
srjLSCIUPTIONS TO 1 US
Nfrw 6 Per Cent. United
States Loan
Received at oar Office, tiere all lnrornuUou wui
given as to terms, etc.
WM. t A INTER & GO.
Wo. SO O. THIRD Street,
PHILADELPHIA,
UR1BRELLA8, PATPAQOL8,
AND '
SUN UMGRCLLA8.
JOSEPH FUSSELL. Manufacturer,
Nos. 8 aud 4 NcrtU FOi RTII Street
i si fm wiia ruiLAD tit4IX