THE DAILY EVENING TELEGRAPH PHILADELPHIA, FRIDAY, JUNE 2, 1871.
5
RAILROAtf LAND GRANTS.
"Alienation of the publlo land!" bids falrte assume
the dignity of a party aesi(u In the next Prestden
. Hal campaign. The Democracy have shown a geae
rel deposition to Incorporate opposltiti t It Into
their local platforms, and whatever the ultimate re
frnltmay bO,H Is more than likely that sufficient
hostility will be generated In the minds of the people
to put a decisive check upon the previous peilcy of
Congress In this matter. The Northern PsolQo Ratl
ttd Is probably the last of thwie great comorolal
enterprises which will receive such magnlQcont
iroof or the nation's liberality.
Now we de net pretend to say that all in cases the
pabllo lands which have been "alienated' hve
keen disposed of la the most jadlclous war; we are
prepared to concede, even, that many of the land
grants made by Congress am open to vury serious
Objection, but at the time time we believe that the
general policy, especially as regards railroads, has
keen, on the whale, sound, sagacious, and profita
ble to the nation ; and, as much misrepresentation Is
likely to be Indulged In, It may be well to su-nup
the results or experience i his is very ably done by .
Senator Pomeroy, In his reeent speech In the Senate,
Which has been circulated largely throughout the
Country; but elaborate as Is the argument there
presented. Us pith and substance may be put Into
Tery few words.
In the first place, then, It should be reoolleoted
that In making these land grants only the "alternate
tectiens," within certain limits, are given to the
railroad, the others being retained by the Govern
ment. The publlo lands thus retained, whloh pre
Tlons to the commencement of the road could be
taken up at II 25 per acre, are Immediately raised In
price to $2-60 per acre, and at this price are sold far
more r&pidly than any other lands in the Uovern
men 's possession ; bo that the nation not only makes
tn actual gain from lu girt, but reaps the perma
nent advantages of that Increase of wealth, popula
tion, and Industry which never failed to follow upon
the construction or a railway. This, K would seem,
la a complete and ample vindication from the stand
point of economics, but a few facts will add em
phasis to the conclusion .
Not many years ago Congress endowed the Illi
nois Central Railroad with a land grant of 8.595,n00
acres which have since been Bold by that corpora
tion for between twenty five and thirty millions of
dollars. A great deal of money was no doubt made
by those who built the road, and Its stock: brings
higher prices than any other In the market; but the
Government also received a very handsome sum for
Its own adjacent lands, and It cannot bo questioned
that the Central Railroad has not only contributed
enormously to the wealth of Illinois, bat has doue as
'much as any other agent In the development of the
entire West. The same Is true of Minnesota. A few
million acres of unsalable lands were used in build
ing railroads, and so rapid has been her consequent
growth that her school lands brought an average
last year of nearly seven dollars an acre.
And, to take a final and crowning Instance, the
same may doubtless, In a lew years, be said of the
Northern I'aolflc Kallroad, whose land-grant is very
muoh the largest and most valuable yet given to a
private corporation. This grant will not only build
ur second great highway across the continent, but
will make the Northern I'aolflc one of the wealthl- 1
est corporations In the world. Its fifty million acres
will bring from f iso, 000,000 to 1550,000,008, while the
total cost of the road will be comparatively small;
but then the Government will have fifty million
acres more, which will be taken up first at $2-50, and
. the whole Northwest the finest unoccupied region
In Amer'ca will be opened up to habitation and
commerce. Much of the company's land grant will
be used to the benefit of the nation In stimulating
Immigration ; already, when the road Is Just com
meneed, population Is hurrying to the adjacent
region, prosperous settlements are being formed,
and lands are rising In value; yet we doubt If, before
the Northern Pactac'enterprlse took definite shape,
the whole Immense track which constitutes Its dowry
conld have been sold for a million In cash.
A great railroad, as we have said, Is Itself a most
potent creator of wealth, and It Is a short-sighted
conception of national economy which would be
grudge it assistance which it really pays as to give.
It will not be many years before the people will con
gratulate themselves that our Pact do railroads got
fairly under way before the present reaction sat In.
That the time has come for discontinuing the policy
tt granting public lands to railways there la pro
bably little doubt, but that this policy has already ac
complished great results In developing the vast Inte
rior of our continent, and adding to the wealth of
the nation, Is equally certain."
M U8ICAL AND DRAMA TIG.
The City Amusements.
At the Academy or Music this evening a
complimentary operatic concert will be given
to Miss Cassie Renz, who will be supported by
Mrs. Jennie Kempton, Hignor Leonl, Mr. Harry
Sanderson, and a grand orchestra under the di
rection of Professor L. Eugelke. Miss Kenz
has been highly complimented by all the New
Xork papers on her resent great success in con
cert in that city. The Tribune Bays 'she singt
a tone and a half higher than Parepa-Rosa,
KlJsson, and Carlotta Paul, and the upper notes
of this phenomenal register are delicate and
pure, made with certainty, and with which fche
will be able to produce some fine effects."
At thh Walnut Bonclcault's drama of After
Dark will be performed this evening.
A matinee will be given to-morrow.
On Monday Mr. Joseph Jefferson will appear
as "Rip Van Winkle."
At tub Aech Mr. Robert Craig will have a
farewell benefit this evening, when be will ap
pear as "Peter White" In the farce of Mr. and
lire. J'eter White, as "O'Smirk" In The Dumb
lielle, and aa "Jacques Strop" In Robert Mactire.
Mr. Craig will also give a number of his popular
Imitations. As Mr. Craig is about to sever bis
connection with the Arch, his admirers should
extend him a parting compliment in the shape
cf a crowded house this evening.
On Monday Robertoon's comedy of Rank will
be produced by Llna Edwin and her New York
company.
At tub Chbsnct Mr. E. L. Davenport will
this evening personate "Sir Giles Overreach"
in A New Way to Fay Old Debts.
At thb Museum, Ninth and Arch streets,
the drama of Uncle Tom's Cabin will be re
presented this evening.
A matinee to morrow.
A GRAND COMPLIMENTARY BENEFIT will be
elven to-morrow to Mrs. Caroline. Rlchlngs-
lieinard and Mr. C. D. Hess, at the Academy of
Music. There will be a matinee performance of
The Comedy of Errors, by Mrs. John Drew
and the Arch Street Theatre Company, which
will be followed by The Bonnie Fishwife, in
wmcn Airs, cernara will sing a numueroi popu
lar airs. 1
In the evening Balfe'i popular Jopera of The
Eottemian Girl will be given with an unusually
strong cast, embracing the principal members
of the Eugllsh opera combination. Mrs. Bernard
has many claims upon the amusement-loving
sublic of Philadelphia, and we hope that the
Academy will be crowded to-morrow, both after
noon and evening. ,
CITY ITEMS.
Bt. James Hotel, Boston. If our friends will
kindly Inform us, either by telegram or by letter, of
their Intended arrival, we shall be better prepared
lor their comfort. The reputation of this new and
elegant establishment is such as to require no com
menu
Transient board Four Dollars per day.
Proprietor St. James Hotel, Boston.
Whitcomb's Asthma Remedy Sure cure.
Ma. William W. Cabbidt, the Jeweller. at No. 8
poutn second street, a as one uj ine largest ana uiwsi
AttnuMivA stock of all kinds of Jewelrv and Sliver
ware In the city, lie has also on hand a line assort
Kent of fine American western watches, xnose
Who ourchaae at this store at the present time are
certain to get tne worm 01 uiew money.
KSKKKibttATOKa,
fcriar Math cheats. Kn&melledJlned Coolers.
Cooler bunds, a large assortment, wholesale and
retail, no. rw voce street, neiow w ainui.
Fb Oysters always, trbto, fat, and rirYrnwV
Stewed, Steamed, Roasted, Panned, Broiled, Fried,
and Raw, go to Leach's, northeast corner Ninth and
Chesnut. Half peck steamed oysters, bo o tts.
Burnett's Florimel am exquisite perfoNe.
MARRIED.
MAJOR DtLKL OB Thnraria. Jnnft 1. hrTtflV.
B. Orlftlth, D. I)., Edwin . Ma.tor to Annie B.,
daughter of vTllllam Dllks, Esq., all of this city. (
WOLFS NSILI On WarinaarlT Slat nit.. t St.
Lnke's Church, Philadelphia, by the Kev. Br. HoWe,
Mentenant Nathaniel Douolam Woi.fr, 8d United
States Artillery, to Caroi.Inb IIOLlinoswohth
Neill, daughter of Dr. John NellL .
DIED.
KriNARPT. Or Mav so. Maria Eokharot. wife
of Honry Eckhardt, in the 65th year of her age.
The relatives and friends of the deceased are re
spectfully invited to attend hor funeral, from the re
sidence of her husband, No. 487 East Girard aveune,
on Saturday next at 3 o'clock.
OARWoon On the 8th nit.. Mart J., younirest
daughter of Lewis 8. Garwood, aged 21 years.
The relatives and friends of the family are respect
fully invited to atteTid the funeral, on Saturday.
Jnne 8, at 10 o'clock, from the residence of her
father, corner of Broadway and Clinton street,
CamdeH, N. J. To proceed to Evergreen Cemetery.
Justice Or the morning- of the 1st Inst.. IIelrn
Wardbll, daughter of Philip S. and Uelen Mary
Jogtlce, sged l years.
Interment at Laurel mil, from the residence of
her parents, Oermantown, on First-day, 4th last.,
at o'clock P. M. Carriages will be at tie depot to
Germantown to meet the2Y train from Philadel
phia. Molten On Frldav moralntr. the ad Inst. Anntr
Hill Molten, youngest daughter or Albert and
Elisabeth C. Molten, in the 19th year of her age.
uue notice 01 ner runerai wui oe given.
MrsTiN. On 'Wednesday, the Blst ultimo. J.
Bvrton Mustin, m. tt., son of John and Mary F.
MnsMn, aged 26 years.
The relatives and friends of the family are respeot
fully Invited to attend the funeral, from the resi
dence of hlx parents, If o. 8908 Sprue street, on Sa
turday afternoon, June 3d, at 1 o'clock. Hi
Thomas Oa Wednesday. Mar 31. Miss Mary A.
Thomas.
Relatives and friends are Invited to attend her
funeral, from her late residence, No. 120 South Thir
teenth street, on Saturday afternoon at 4 o'clock.
Istenneat at Woodlands.
Tnoar.On the th nlt.. Elizabeth, widow of
the late Joshua Thorp, in the TSth year of her age.
The relatives and friends of the family are Tesnect-
fully Invited to attend the funeral, on Saturday af
ternoon, j une s, at oxioce, rrom ner late residence,
Ne. 8 Chureh street, Frankford. To proceed to
Cedar Bill Cemetery.
THE AMERICAN
Life Insurance Company
OF. PHILADELPHIA,
S.E. CORNER FOURTH AND WALNUT.
ASSETS OVER . .. $3,000,000
TRUSTEES.
Alexander Whllldln,
George Nngent,
Hon. Alex. G. Cattell,
Isaac Uazlehurst,
James l. Clnghorn,
Henry K. Bennett,
L. M. Whllldln,
George W. Hill,
Bon. James Pollock.
J. Edgar Thomson,
Aioerc u. KoDerts,
rmiip u. jmngie,
John Wanamaker.
" president,
tiEOIKUK W. 1IIL.L..
VICE-rRBHIDENT,
GEOltGE NUUENT.
ACTUARY,
JOHN . sms.
BECRETARY AND TREASURER,
JOHN g. HILSOt.
D 19 fmwSm
SPECIAL. NOTIOES.
for additional Special Notice m Inside Paget.
HEADQUARTERS DEMOCRATIC CITY
EXECUTIVE COMMITTEE, NO. 1014 WALNUT
STREET, MAY 29, 1871.
At a meeting of the committee held this day the
following preamble and resolutions were unani
mously adopted:
Whereas, The Democratic party of this Common
wealth, In State Convention assembled, in accord
ance with the time-honored custom of the party,
did at the last meeting place In nomination candi
dates for the offices of Aadltor-Oeneral and Surveyor-General,
and declared the principles on which
the Issues of the coming campaign are to be fought;
and
Whereas, The harmony and discipline of the
party require that all members having the suc
cess of the party at heart should endorse the
action of the constituted authorities thereof ; there
fore Resolved, That the nomination of General Wil
liam McCandless and Captain J. U. Cooper for
the offices of Auditor and Surveyor-General, and
the adoption of the platform, merit, as they do
hereby receive, our cordial endorsement, and the
ticket will reoeive at our hands our most zealous
support.
By order of committee.
ISAAC LEECH, Chairman.
Francs'aDisvitt, Secretaries. '
HORTICULTURAL SOCIETY.
LAST FLORAL EXHIBITION.
GRAND HOSE SHOW AND STRAWBERRY
FESTIVAL.
HORTICULTURAL nALL.
Friday Evening, June 8, 1871.
Another magnificent display of Ornamental Fo
liage Plants, and Hare Plants In Bloom. Fifty va
rieties 01 Hoses. . uasteri'B serenade nana, rrorae
nade Concert and Strawberry Festival Strawberries
and Ico Cmam, and exhibition Strawberries by the
quart. Admission, S3 cents. Tickets at uins&Ka,
No. 714 C11ESN UT street. 6 81 8t
AMERICAN ACADEMY OF MUSIC
Philadelphia, May 10, 18TL
The annnal meeting of the stockholders of the
American Academy of Music will be held In the
FUlKit 01 tne Academy, on wuixliai, juubo,
1871, at 4 o'clock P. M.
The annual reports will be submitted, and an
election held for twelve directors.
JAMES TKAUuAIKi
8 1 8t Secretary.
IWV- (IKNiLENEN a JJUUTB ANU E5UU1S.3,
mr& 4 ,BQIif fit: mav ha AhtAlnAil at all tlmpl.
BARTLETT, No. 83 South SIXTH Street, above
Chesnut. 8 80 tf
THE I3EHT COAL.
ISAAC K. WeToHT & SON, 1
No. 124 South SECOND Street.
YARDS Corner EIGHTH and MASTER Bta. and
wfmo8188WANSON8t. above Queen.
OAR PET IN OS, ETO.
25 Cents per Yard,
By the Roll.
t-4r MATTING.
5-4 do. 30 Cents.
also;
est Parlor Matting.
3-4 and 7-8 Stair do.
R. L. KNIGHT & SON,
1222
CHESNUT STREET,
IT f mw3m
)
PHILADELPHIA.
OAS FIXT0RES.
NO STORE ON
CHESNUT STREET.
CQRHE LEI1S & SOUS'
RETAIL
. BAJjESROOMS,
821 CHERRY St.
-
GAS FIXTURES.
DRY OOOD8.
SPRING AND SUMMER
DRESS GOODS
or
EVERY PESCRIPTION. AT
Low JPrices,
JOHN W. THOMAS & CO.,
Hot. 405 and 407 N. SECOND Street,
8 22 wfmSmrp
PHILADELPHIA.
SILKS, SHAWLS AND DRESS GOODS
ohohgb futer,
Na. 916 CHESNUT STREET,
Invites attention to his stock of
SILKS OF ALL KINDS,
INDIA AND OTIIrtR. SHAWLS.
Novelties In Dress and Fancy Goods,
INDIA, PONGEE,: AND CANTON CRAPE IN
SHAWLS AND DRESS GOODS. 413 8mrp
(rfa, PARASOLS. TBC., 1, $1-S5; LINED, 11-25,
F '60, 11-78: Slllc Sun Umbrellas, 0o., 11, $1-83.
11-60, at DIXON'S, No. 81 S. EIGHTH St. 8 tf
FIRE AND BURGLAR PROOF SAhfl
MARVIN fit OO.'S
FIRE-PROOF
ALWAYS DRY.
BURGLAR-PROOF.
781 CHESTNUT Street
SAFES
MARVIN Si OO.'
FIRE-PROOF
ALWAYS DRY.
BURGLAR-PROOF.
791 CHESTNUT Btrefl
SAFES
MARVIN fit OO.'S
FIRE-PROOF
ALWAYS DRY,
BURGLAR-PROOF.
721 CHESTNUT Ftreet.
SAFES
6 0 fmwfiin
CARRIAGES.
GARDNER & FLEMING,
CARRIAGE BUILDERS,
No. 214 South FIFTH Street,
BELOW WALNUT.
A LARGE ASSORTMENT OF
LIGHT CAIlXtlAGISS,
INCLUDING PHJETONS, JENNY LIND3,
BUGGIES, ETC.,
ALWAYS ON HAND.
All WORK WARRANTED to be of tne b
WORKMANSHIP and MATERIALS.
Also, an assortment of SECONDHAND CAR
RIAGES for sale at reasonable prices.
Special attention given to REPAIRING.
KEP AIRING, REPAINTING, and VARNISHING.
REFRIGERATORS.
A SUPERIOR ASSORTMENT AT
Wholesale and Retail. All at
Low Prices.
1. 1 KEAllHS Manufactures liU
own llefrlgerator.
No. 39 North NINTH Street,
D B0 lm4p BELOW ARCH STREET.
CAMDEN AND ATLANTIC R.R.
Sunday Tralnfor Atlantic City.
On and after June 4 next the Sunday Mall Train
will be resumed between Philadelphia and Atlantlo
City. '
Leaving Vine Street Ferry at 8-00 A. AL
Returning, leave Atlantic City at 4-00 P, M.
Stopping at all Stations.
OWCtrpJ D. II. MUNDY, Agent.
FINANCIAL,.
7 30 GOLD LOAN.
JAY COOKE & CO.
ARE NOW BELLING AT PAR,
The First XVXortgage Land
Grant dold Bonds
or tHt
Northern Pacific Railroad
COMPANY,
BEARING SEVEN AND TnRBK-TENTHS PER
CKNT. (jOI.I) INTKKKST; AND SKOTKED BY
FIRST AND ONLY- MOHTGOK ON THE EN
TIKE ROAD AND EQUIPMENTS, AND ON
WOKE THAN
23,000 Acres of Land
to every mile of trade, or 500 Acres of Land to
each $l,roo Bond. There Is no other security in the
market more safe or so profitable.
The Highest enrrent price will be paid for U. 8.
F1VE-TW UNTIES, and all other marketable ie
carltles received in exchange.
Pamphlets, Maps, and full Information furnished
on application.
JAY COOKE & CO.,
Philadelphia, New York. 'Washington.
FINANCIAL AGENTS NORTHERN PACIFIC
R.R. CO.
For sale In PhlladPlnhlabv
BOWEN A FOX. No. la MM-chants' Exchancrn.
SEVENTH NATIONAL BANK, N. W. cor.ourt
sua lunriri. mreeis.
"WM. PAINTER fc CO., No. 86 8. Third street
OLENBINNIMO, DAVIS A CO., No. 49 S. Third
TOWNSKND W HELEN A CO. No. 809 Walnut st.
BULL k NORTH, No. 131 8. -ihlrd street.
T. A. BIDDLK A CO., No. 828 Walnut street.
D. C WHAhTON SMITH A CO., 121 S. Third
STERLING A CO., o. 110 8. Third street.
J. H. TROTTER, No. 822 Walnut street.
v. t. x tKK jr., a co.. No. so 8 Third street.
WM. T. ELBERT, No. 821 Walnut street.
S. M. PALMER A CO., No. 26 8. Third street.
D. M. ROB CN SON A CO.. No. 183 8. Third atrent.
AMUEL WORK, No. 64 S. Third street.
j . s. KLHHTUiN & co., no. co 8. Third street.
GEO. J. BOYD, No. 18 South Third street.
RALBY A WILSON. No. 41 S. Third street.
WALLACE A KEENE, No. 149 S. Third street.
H. H. "WILTBANK, No. 803 Walnut street.
M. 8CBULTZ A CO., No. 44 S. Third Street.
WILLIAM C. MORGAN & CO.. No. 23 S. Third St.
NARR & LADNER, No. 80 8. Third street.
BIOREN A CO., No. 150 8. Third street.
JOHN K. WILDMAN. No. 26 8. Third street.
P. 8. PETERSON & CO.. No. 89 8. Third street
B. K. JAMISON A CO., N.W. cor. Third & Chesnut
iiMUKK, himnnuin t CO., cio. 6 8. Third street
W. n. STEVENSON, No. 223 Dock street.
BARKER BROS. A CO.. No. 28 8. Third street
JAMES E. LBWARS fc CO., No. 29 8. Third street.
(J. A W. Y. I1EBERTON, No. 62 S. Thlrd.street
CHARLES B. KEEN. No. 825 Walnut street
WILLIAM T. CARTER, No. 813W Walnut street
W. II. 8HELMERDINE, No. 10 8. Third Street
JAOOB B. RIDGWAY, No. 66 P. Third street
MEGARY & PEALE, No. 12 8. Third street
JOHN MOSS. Jr., No. S06 Walnut street.
H. F. BACHMAN, No. 26 S. Third street
s 27mwi3m
A RELIABLE
Safe Home Investment.
the
Sunbury and Lewistown Railroad
Company
7 FEU CEXT. GOLD
First Mortgage Bonds.
Interest Payable April and Octo
ber, Wree of State and United
States Taxes.
A ' A im itw Afltavlnr th. h.lann. Imam
fl, 909,000, which is secured by a first and only Hen
f . rtiA Ant-Ira nrnnarmanl franiVilaaa nf hA tnm.
pany,
At 00 and tlie Accrued Interest
Added.
Tne Road Is now rapidly approaching completion,
with a larce trade In COaL, IRON, and LUMBER.
In addition to the passenger travel awaiting the
opening of this greatly needed enterprise. The local
trade alone is sufficiently large to sustain the Road.
We have no hesitation In recommending the Bonds
as a vaiur, xtr.uAisi.rc, ana bath lavtUT
WENT.
For pamphlets, with map and full Information,
"Pi" t
WM. PAINTER & CO.,
BANKERS,
Dealers in Government Securities,
No. 36 South THIRD Street,
PHILADELPHIA.
ELLIOTT, COLLINS & CO.,
IIAIVUIaUB,
No. 109 South THIRD Otreet,
MEMBERS OF STOCK AND GOLD EX
CHANGES.
DEALERS IN MERCANTILE PAPER,
GOVERNMENT SECURITIES, GOLD.Etc
DRAW BILLS OF EXCHANGE ON THB
UN ION liANK OK LONDON. I S f mwt
SPECIAL ATTENTION
PAID TO THE FTJRCTJASZ AND SALS OF
Stocks and Bonds,
Here and In New York, and every facility furnished
to parties desiring to have them carried.
D. C. WHARTON SMITH & CO.,
BANKERS & BROKERS,
No. 121 SOUTH THIRD STREET,
6S PHILADELPHIA.
B. E. JAMISON & CO.
SUCCESSORS TO
P. IP. KELLY fc CO,
BANKERS AND DEALERS IN
Gold. Silver, ud Government Bondt
At Closest Market ilates,
H. W. Cor. THIRD and CHESNUT Sti
Special attention given. to COMMISSION ORDERS
in New Tors: and PhU&fclphla Stock boards, eto.
l, et
184
eto
IIARR1SS0N GRAMB0,
OOU WALIIUi Ql.(
wmm mm em a.
PHILADELPHIA.
FINANCIAL..
JAT C00EE & CO.,
PHILADELPHIA, NEW YORK and WASHINGTON.
jay cooke, Mcculloch & co.
LONDON,
AMD
Detlen in Government Securities.
Special attention given to the Purchase and Sale
of Bonds and Stocks on Commission, at.the Board of
Brokers In this and other cities.
INTEREST ALLOWED ON DEPOSITS,
COLLECTIONS MADE ON ALL POINTS.
GOLD AND SILVER BOUOHT AND SOL
In connection with our London House we are now
prepared to transact a general
FOREIGN EXCHANGE BUSINESS, ,
Including Purchase and Sale of Sterling Billsand
the Issue of Commercial Credits and Travellers' Cir
cular Letters, available In any part of the world, and
are thus enabled to receive GOLD ON DEPOSIT,
and to allow four per cent, interest In currency
thereon.
Having direct telegraphic communication wit
both onr New York and Washington Offices, we can
offer superior facilities to our customers. '
RELIABLE RAILROAD BONDS FOR INVEST-
BLENT.
Pamphleta and full Information given at our office,
5 8 8mrp No. 114 S. THIRD Street, PhUada.
Wilmington and Reading
Railroad
7 PER CENT. XSOTCE3.
Free of Taxes.
"We are offering the Second Mortgage
Bonds of this Company
AT 82 AND ACCRUED INTEREST.
Interest payable January and
July.
The Bonds are in
SIOOOs, S5008f and 8100s,
ha canoe REGISTERED free of expense. The
road la dolDg a good business, with prospects of con
siderable Increase. .
This Issue is made to procure additional 'rolling
stock.
Bonds, Pamphlets, and Information can be ob
tained of
DE HAVEN & BRO.,
1 i
No. 40 South THIRD Street.
PHILADELPHIA.
INVESTMENT BONDS
PORTAGE LAKE AND LAKE SUPERIOR SHIP
CANAL 10s. Secured by first mortage on the
canal (now completed), and on real estate worth Ave
tunes the amonnt of the mortgage.
EAN8AS CITY, MISSOURI, 10a.
DOUGLAS COUNTY, NEBRASKA (Including
Omaha), 10s, and other choice Western county and
city bonds, yielding good rates of interest.
ALLENTOWN CITY (PA.) 8EVEN PER CENT.
SCHOOL BONDS, free fro .11 taxes under the laws
of the State, at par and Interest
. For full particulars apply to
IIOWABD !AItL.irVGTO!f,
8 8m ' No. 14T South FOURTH Street.
COUPON OR REGISTERED LOAN
of mi
City of Williamsport, Pennaylvatxla,
With both principal and Interest made absolutely
secure by State and mnnlclpal legislation,
for sale at
AND ACCRURED INTEREST, BY
P. 8. PETERSON & CO..
Bankers and Stock Brokers
No. 39 8. THIRD STREET,
I pTTTT. A PELPHIA.
DUNN BROTHERS,
DAIVUISliS.
Nob. 51 and 53 S. THIRD St.
Dealers In Mercantile Paper, Collateral Loans,
Government Securities, and Gold.
Draw Bills of Exchange oa the Union Bank of
London,and Issue travellers' letters of credit through
Messrs. BOWLES BROS A CO., available in all the
cities of Europe.
Hake Collections on all points.
Execute orders for Bonds and Stocks at Board of
Broken.
Allow Interest on Deposits, subject to check at
Sight. II
JOHN S. RUSHTON & CO.,
BANKERS AND BROKERS, ,
GOLD AND COUPONS WAHTED.
City Wdrranta
BOUGHT AND BOLD,
No. CO South THIRD Street.
Ml
fn-rT.ftniTTfHIA,
INSURANCE..
Life lu suraiictf, Policies
Secured from Forfeiture
BY A LAW OF THE STATE OF MASSACHU
SETTS.
AQUJLA HAIKE8, of rhiladetphia, Pa., ' Insured
September 11, 1366, under Policy No. 11,810, for
ffi.oos, giving one-third loan note, and paving semi
annually. UeeMltd to pay the premium due March
11,1369. He died August 5, 186J, FIVE 3IOXT1I3
eter failure of payment. The whole amount of the
Policy, lent the premium due the Company, wa
promptly paid at the Pennsylvania O dice, SIXTH
and WALNLT Streets, Philadelphia, Nov. 87,1909.
Nineteenth Annual Statement
OF THE CONDITION OF THE
Massachusetts Mutual
Life Insurance Company
OtP SPRINGFIELD,
MASSACHUSETTS.
CALEB RICE, President. ' , ,
CIIA8. McLEIN KNOX, Secretary.
JAMES WEIR MASON, Actuary.
GEORGE JUNKIN, Solicitor In Phllada.
DIRECTORS IN rniLADELPIHA.
J. LIVINGSTON ERRING ER, D. C. WHARTON.
Attorney to accept service in Pennsylvania.
JOHN KNOX MARSHALL.
First. Capital stock, nothing. Company purely
mutual. Divluends declared aud paid annually on
tht contribution plan.
The value, as nearly as may be, of the
real estate held by the company
Cash on hand
Cash In banks, specifying the banks:
First National Uank, bpringiluld
Second " " "
Cash in hands of agents In course of
transmission
Amount of loans secured bv bonds and
897,000-oe
6,681-86
12,467-95
17,iU4 16
46,705-33
mortgages, constituting the first Hen In
real estate, on which there Is less than
ene year's Interest due and owing 1,258,009-61
. . . Vulut, Market Value.
Amount of stocks ewned by the
Company, specifying the num. .
ber of shares aud their par and
' market value:
464 shares ol New York aad Mas
sachusetts Nat. Iianfc Stock 46,4U0 $05,555
U. S. bonds mi, 6s; 18u8, 5-V!0;
U68, 6-aos; 1x74, 6s 258,700 !30,45t
City or Springfield, New York, and
Michigan State bonds 74,000 ' 7S,60tf
160,-264 blmres of hallroad stocks
and bonds...: 176,400 1S1.875
t55S,600
t306,8)0
Anit. loaned
on them.
I'arVal.ilarket Val.
Amount of stocks held
by the company aa col
lateral security for
loads .'. . . .193,400 $115,180 $39,438-60
Interest on Investments due aud un
paid 8,008-00
Accrued interest not yet due 62,7&t-3a
Other available miscellaueous assets,
specifying their character anu value :
Premium notes secured by value of
policies , 768,952-63
Loans on personal securities 64,54-25
Loans on policies 1,517-ua
Unpaid prem. In course) Quar. and (
of collection, V Beiul-an. -i 220,622-86
Deferred ditto J premiums (, 177,771-86
Ortlce furniture 6,306-4(1
Amount of losses during the year ad
Justed but not due, lesa $i,eoi reinsu
rance 7,509-00
Amount of losses reported to the Com
pany Out not acted upon 13,60009
Amount of losses resisted by the Company
and.ln BUBpeDse...... 89,600 SO
Amount of dividends due and unpaid.... 80,533-64
Ani.unt required to safely reiuaure all
outstanding risks combined Rut 4 per Ct.8,061, 233-76
Amount of cash premiums received 633,036-73
Amount of premiums Dot paid in ctsh
during the year, stating the character of
such premiums:
Loan n.tes 810,041-01
Interest received from investments. 175 840-08
A mount of losses paid during the year. . . 297,3tu-U0
Amount paid and owing for reinsurance
premiums 1,761-63
Amount of dividends declared during the
year 158.671-92
Amount of dividends paid 131,143-26
Alton lit ef expenses paid during the year,
including commissions aud salaries paid
to agents and o nicer a of the compauy .. 227,844-65
Aaieunt of taxes paid by the company... 8,322-Sl
Amount of all other expenses and ex
penditures 148,863 27
The Commonwealth of Pennsylvania. "
STATEMENT OF THK CONDITION OK THE
MASSACHUSETTS MUTUAL LIKE INSUR
ANCE COMPANY, ON THE S1ST DAY OF DE
CEMBER. 137S.
State of Massachusetts, County of Hampden, ss.:
be it remembered that on this fourteenth day of
March, A. D. 1371,' before the Bubacrluer, a Notary
Public la and for the htate of Masaiichusatts, duly
commissioned and authorized by the Governor of
the State of PennsylvaBla to take the acknowledg
ment f deeds and other writings, to be used aud
recorded In the said State of Pennsylvania, and to
administer oaths and affirmations, personally ap-
S eared Caleb Kice, President of the Massacuusetu
Iutual Life Insurance Compauy, a;:d made oath
that the following la a true statement of the con
dition cf the suid Massachusetts Mutuul Life In
surance Company upon tne Slat day of December,
A. D. 187.
And I further certify that I have made persenai
examination of the condition of said Massachusetts
Mutual Life Insurance Company on this day, and
ani satisfied the have assets safely Invested to the
amount or f:i, 419, 303-79. That I have examined the
securities now lu the hands of the compauy, as set
fori h In the annexed statement, aud the same are
of the yalue represented lu the statement. I further
certify' that I am not Interested la the affairs of said
company.
In witness whereof, I hereunto set my hand and
atllxed mv oillcial seal this fourteenth day of March,
A. D. lfcl'L STEPHEN K. HEYMOUR,
Notary Publlo.
Foster 8. Dennis, of New Bedford, Mass., Insured
March 9, 1S63, under Policy No. 6913, for $W0, giv
ing one-third loan note, and paying quarterly. Ills
policy lapsed September 9, 1S67. Ue died September
8, 1S6S, fifteen months after the premium was due
and unpaid. The whole amount of the poUcy, lesa
npald premiums, was promptly paid uiuier the Mas
saehueetU non-Mfeiturt law.
JOHN KNOX MARSHALL,
State Agent fer Pennsylvania.
OEUUUE II. 'WILTBANK,
General Agent Eastern Penna. and New Jersey.
OFFICKS, g. K. Cor. SIXTH aud WAL
NUT Streets, Philadelphia..
ItOUF.RT P. IIARIUS, SI. V., Msdlcal Ex
uulner la Philadelphia. o 29 uiwffit