El B RI AUAIMMY VALLEY MUIR Sixteenth Annual I ' bold ers--Ueport "o "Boarttof Director lOrs. 'The seventh ann .al meeting of the stoCkholders of th. Allegheny NT ley Railroad Company was held 'Teeter ay morning at the (Mice of the iiampany on Pikd 'street. The meeting was _called to order by P. R. Branot, Rig., upon whose motion Henry :Whalen, Esq., of Philapelphia, was called upoil to preside, and Mr. Jacob Glosser appointed Secretary. The report of the President, Colonel Wm: Pnillips, and the Board of Direc- Viz's, was then read, as. follows: AN NU' AL .11PORT. In accordance with the requirements of the charter, the President and Mans , , , gem present the sixteenth annual report tcy•the stockholders of the Allegheny Valet' Raliroad Company, together with tlie" reports from the Superintendent, Chief Engineer, Treasurer and Aiditor, showing in detail the'operations of their respective departments. A condensed statement of the receipts and expenditures for the year is as fol lows: • : - From frights..... Froth pa....eagorn From express.... From mall From mlseellsneous Total . , I ConduCting transportation:.. Motive power Maintenance of ears 197,710 CO 37,016 81 Maintenance of way - ° , lin 645 .79 ' (sacral expenses.. ..-- ' 18,100 85 . 1 ' 'fetal expenses i t ti e ,423 n Total net ear:dogs Mr in During the year 1867 the gross re r eceipts : - of,the road amounted to 1 4 87.240.28, but, • . --owing to the , varying circumstances of the road, as 'regards length, no useful • ; comparison can be made with these fig - Urea the present year. In view of the fact that your road was only opened for through traffic in time to begin the fiscal yearjnst closed; and' that its bassi : • nessi,Vor many months, was subject to .' the many inconveniences and'drawbacks 1 incident to a new road, we haveYeason I , ' to l tongratulate , the ; stockholders noon 'the - rein:tit. - The"receipts for the first six ' months of the year averaged $67,674 per .month. Receiptss - for the second bailor .•,.. the year ..averaged. - • - $99,059' Per 'Month. The, 'expenses for • ••thei•-• first six months . averaged $38,569.• and for - the 'second six months, / 44,68 0. 1- increase of gross re ; ,• kieffits, - 33per cent.; int:tease of expentes t •i• ' 158.10 per cent.; percentage Of earnings ! - in first six months-57-per cent.; for last ,• .- ; -Ms Months, 496.10 per cent.- 1 The year's btisineasproves conclusive ly that your road , :can never fail to pro ; 41tictiample net revenue_ to meet the in . terest upon its bonded debt, end to have ' ! ' • 'at handsome surplus for the interest on • - andliquidatiou •of.. the floating debt, the •'. • improvement of the road,and eventually for dividends. ------ • ...-, .- The: cost of managing and operating • ! the road was. flity..two per cent, of . the gross receipts. The earnings per mile of e• road were 17,224 47; . expensesi•per i , • mile, $3,812 96; net earnings per mile, i $3,411 51. The number of barrels of '- - -crude petroleum carried was 564,667; of • . - refined, 595,577; number of tons of coal carried south, 208,992; northward, 20,387 1 tons. Further interesting details In re ; said to the operations and traffic *of :the ; road, are given in the accoMpanying-re ; ports. :The , road-bed and track are in excellent order, nearly all of the old iron having been replaced by new of the best make. '.;•• 'The track is fully ballasted'and surfaced ; - up to the grade, and thp- engineer pro.; ~.• • - flounces your road to be equal to the best - ' roads in the country, "both for smooth •ness, and solidity; also; for general safe ; . , ty." The rolling. stoc is s uffi ci e nt condi t - to n, and ganerally or the present business of the Company. The i rapid increase of coal, lumber, stone and ' iron traffic, will 'require a considerable addition to the number of gondola cars. The cost of the road is represented by , Capital Stook. 1a,241,230 Bonded Debt 9,,000' Floating Debt, not prOrlded for 1.800001,&13 ' 4 ` 1 Total ' - 8s::012,11:0 , For which you have 131 Miles oflirst class single track - railway,-with the ne cessary side tracks, etc., and equipments 'for a business' of $1,500,000 per , annum. This is equal to a cost of 884000 per mile, and' n view of the fact ,that the forty four miles of road betwaen Pittsburgh :and Kittanning have been anti rely'relaid with new iron and ties, and ,have :been ballasted and otherwise improved, mak ing the road almost equivalent to re building, this cost will be found t com pare not unfavorably with that of s miler -enterprises which have been prosecuted during the same '. period period of highprices ' and:inflated currency. , Your Board of Managers estimat the gross receipts of the road for the co Mg year at $1,500,000. The experience o the t \ . jiat past Veer goes to show that the exp en ses will not be over fifty per cent of the roes receipts, which will leave us, over and above expenses, $750,000. ---- Ded uc ting ..from this sum the interest on $4, 000,000 of bonded debt, 1292,000, ,we will have the tolin of 1448,000, for the interest and. redaction of the iloating . debt. • At the last annual . meeting the stock holders directed the early prosecution of the work of extending the line of the road from the Allegheny river at the month of the ,Maherting to the Susque hanna. The surveys" had already far progressed, and as soon assposslble a 10-, "cation was made, and the: work begun • at the r several important points, to prepare : road bed, Notwithstanding the pi - .or right of: this Company to the location, both by the charter and the surveys of its engineers, the contracter• found his g miund disputed t.. , . , working parties claiming to act unllhr the'direction of the Philadelphia and Erie Railroad Com. 4 panv. Other points on, the line were al- 1 ap elaime.d 1)3 , the Wi nslow`collier Com pany. It , is not believed , that either' of: the interfering MO will street any at-- pose' seriously _detrituental to the inter: ; 4 381. 8 ; of Your ..mnparly.. _k,eyertheless, the paramount import ance of 1 ,4 04 .- ottio poemng forward the - koryotir ear. , ,mpxtension is Marilfstt. t0..,,up,..ait Ints expended already, if, • r , Y Treys aud grading at different _points, about /80' and, it would be ve ry desirable- to p - tit a larlte force at 'work, or 4 thel,Omiel at the numm an - other T:Peinta :twhere th work heavy i as earlyas possible in th ( e spring l , s in order to sepply the f ueds•for: the pro - aeration of this wOrkinutto fund they' the present floating debt of the - comp , , ..your Board recommend the 'Moe of tfie bonds authorized by. the act of Assembly ~, , ,t April 11, 1857. ,To. enable the comp a . , ta issue the proposed bonds and so 3 P p Y piy_ them, a 'slight ino - dig c a t 'i cm , be. . ' , came necessary in the I prese n t k mrs of the company. The President - has al ready taken, preliminary measures to se. cure the neceseary suppleinentary legis: ,lation, and the stockholders are asked te, approve his action. The bonde,_ when EO3 • eating of the g ock. f the Presider'. s—Eleetlud of Ir rec- zatuencos. ... • . .$669,667. 75 . • .... 23a.ch57 18 i,BBO ...... 8.655 OGOO •14f6,41M 34 Division of Shaier Township. A petition numerously signed by qualified voters of Sheler township wail presented in the Court of Common Pleas yesterday morning, asking for the iiiii sion of said township into two election precincts, as follows : Elaation precinct No. 1 to begin at the south-end corner.of the borough of DlM vale, on the north side of the Allegheny - fiver, thence northwardiy along the divi sion line between lands af.H. and Wm. Slaniple and said borough to south line of land of Wm. Sanaple, Sr.; thence west wardly-'along said line to the division line of hinds of Wm: Sample, Sr., and Jas.. Ii win; thence northwardly along said lino to the north-east corner of said Jas. Irwin's land thence westwardly along the line orsaid land to the division line of ; Ross and Shaler-township; thence northwardly alon said line to a stone at the corner of lands of M. Cridge, David Thompson„W. Theobald and Thom p- Son; thence along the division line be tween lands of said Thompson and Theo 'bald, north 89'.1 degrees east. 82 perches, to corner of lands of A. McFeiron and Win. Thompson; thence north 89, 1 4, east 80 perches; thence through line of land of H. Trimble, sonth 934, east 104 perch es: thence along a lane between lands of Wise and Trimble, south 87, east 50. Perches; thence through land of Mnet go. south 97, east 30 perches; thence south 44, east 12 perches; thence through land of Golo WilitleB heirs, Hoffman, Crinder, and Briarly, ,•past Claw, to di- Vision ' line between lands of lames Claney and Mrs. Fiddlesook, south 44, east 54 perches; thence along said line north 89, east 76 perehee, to the old But ler road, adjacent to the northwest cor ner of the borough of Etna; thence southwardly along the line of said bor ough to the Allegheny river, adjacent to the north .of Big Pine creek; thence westwardly along the said river to tno place of beginning. • - . The place of holding general, special and township elections hi said precinct tole at School House No. 1 in said pre. cinch Election precinct No. 2 in said town ship to be Composed of the residue of said township, and bounded by the lines of Ross, Hatnpton and Indiana ,town ships and by said preCinet No. 1. The piece of holding' the general, special and township 'electiona in said precinct, the present place of holding elections. The Court granted the prayer of the, petitioners, and ordered and decreed that the said township of Shafer be erec ted into two election precincts, 'with metes and botinds above described. In accordance with the act of Assem bly in such cases made and provided, the Court appointed the following named persons as election cactus .for precinct No:1, who 'shall act'as such until _their successors are duly elected: Ado, Win• Sample, Sr.; Inepectorti,Wrn. L. Seavey, 'Charles Theoliald. For precinct No. 2-- Judge. George Rindt; Inspectors, John Campbell John B. Miler. Real Estate Transfers. The following deeds were filed rof record befOre#, Snively, Esq., Recorder, February 20, ' • 1 John Schweinhardtto fieorge Eichler. Janitor, .20. )880; lot on Main street, Allegheny, 23 feet - front; with buildings • '..-42,1100 -Robert Arthars to . Misfits A; It:temple, i April la. .., pms;, tot In Reserve township r/ by 207 feeSSMO leeop.ild Vetterel to Mary Sievers, blorember 23, ma; lot NO. lin.llenstiall'eplatr, Third•ward„ A ilegheny. 20 hr./Otfee hi With haildiuga—tn:soo James tirris.helm to Wm. Anderson, Jißy 6 ; 1 81111: lot In Wilkins township, containing 1 selliesl', w th - builiiin.go.4 ,- . - • - /.. - ...44'.... ..," 378 .paul 11. Macke, irnatee. to , George.Ernfr...ifeb ' ruarv, le 1800; 101'110.'41 ln:Mobokeh, liititans ; t0wnahip..;.........:L.. .. .. . .44.1.'..‘.it.:1.:.•.-u.:._104t5 AmandYforie-to Antand boll, J anoo47 -20 . I N O .I . , 14,.0n Franklin street. )ITanspet h er, 4.3. by len' 'feet. with building: . . ..... ~.".. ... :,_.y.,i;11,...114.030 Pani Mrfivske.trnstetirtditebert Robinson, tiep. •Wilat t r2o,-180 ; 1 0 1 . 2 40- 641 it poltsk9l, ;maims tom shin .. . .... .... • . ...?.o=s Paul Mc ATlCii.e, irnitect.'4;.ifitiry' itii n ci ‘ i ti ts p , l; ; o .t k 'o e b ii . ruarr 10, WI; totsiNos 44 .04. 20, . ........ . .... ~. 0450 tleorge ar. Andersbn to Mary Conway, Jujy , , 1897: lot on Birth t &Senna, , Third ward, .„Pitts. ,--' burgh. 21 by. 121.4 et - OA 100 D. "r utPley to Martin 'Kimmel, March 11. 1860; .. let in Lirears plan, Craig street, r irmlngtra,m • ' '2O by ZOO feet.. ..—.. . . JT. ... ill• ~ • gOOO .- Amadens Large ... urge ' Preder ck onas, April rt. Mu; tract of land In Indiana tow nahlP, 'containing fifty-Are acres + with buildings . .. ....... . . . . P. `r. AsEeliian . ;Gh :fan X.ll7,4giii 11; . ' W. FredeMilliken. Jane 10, 1607; lot in McClure town i by 109 feet................ .... ... . . ..X5O rick Larknet to Paul Yoeskel, ......... 10, ..1840; lot lu litason , a plan, being a part otrthe Coal Rill tract; 20 by 121 feet, with buildings .. . . ....... .. ................. . . ............... .$1,475 . 111ORTGAGA8, Same dagia mortgages were Mod of record. • issued, is believed, will-command ready sale! at a satisfactory price, owing to the Lid' that the company is "already in recelpt'of the necessary funds, in , am ple amounts; for the liquidation of .the coupons as they mature. A railroad bridge at Venango City or Franklin, or at each of theme points, would be of great value to your com pany, but of equal or, greater importance to Ahe companies with which we desire to connect. In addition to the faeilities it would afford in the transmission of oil, coal and lumber between the several roads, a - considerable through businessof traffic and trade between the head of the Ohio and the lakes would spring up. Espeially would the picturesque beauty of the Allegheny river and the strange sights of the oil regions make the route a favorable one for tourists to and from the Falls of Niagara. -The Bridge across the Allegheny at Brady's Pend has been completed, and greatly facilitates the shipment Of rail road iron from the extensive works of the Brady's Bend Iron Company. In surrendering, at the close of the year, the trust committed to them, the managers take pleasure in bearing testi to the diligence, faithfulness and ability uniformly evinced by the officers of the Company in conducting the important and difficult duties of their respective positions. The report of J. J. Lawrence, General Superintendent, was next read. The re port gave a detailed statement of the business of the road during the year. From it we learn that 362,883 passengers were carried during the year, 971-10 of whom were laud, and 2 9-10 through. The average number of miles traveled Was 212-10, and`the amount received per mile 3 4.10 cents. Total passenger mile age 7,602,148. During the same period 570,186 ' tens of freight were moved, eighty-nine per cent. of which was local and eleven per cent. through freight. The amount of revenue per ton. per mile 3 2.10 cents, and the cost of transporta tion 17.10 cents. The report states that no serious accident to •_passenger or freight trains has occurred, except one caused by the' breaking . of an axle near Scnibgrass, resulting in the' serious in jury to one passenger, and the slight in jury of four others. The reports of F. W. Martin, Chief En gineer, of construction, and EL Black stone, Chief Engineer, were also read, upon the conclusion of which a resolu tiob was offered and adopted, accepting and adopting the reports as read, A motion was then made that the stockholders go into an election of a Board of. Directors for the ensuing year. - The motion was adopted and E. Gregg, Esq., was appointed Judge and Messrs. G. W. Logan and J. L. Brown, Tellers, to conduct the election. Following is a hat of the Directors elected: William Phillins, William M. Lyon,W. K. Nimick, James Park, Jr., B. F. Jones, J. Patton Lyon, F. R. Bra. not. The meeting then adjourned. PITTREVIVIT-AGATUITZ : . . , CITY TilltAtkbilEa'S nprlCF.'_" FitTatUrtGli, February 11th, iti6v4 • fg"NOTICE ISBEREBY GIVEN to all OWNEnd OF DRAYS, CARTS, CAII.IIIA.OF,S. BOOGIES, &c., (whether resident or non risident,j ti toe City of Pittsburgh, to pay their Licertses al this office POnTiliernt. In accordance wart an Act of Asecnibly approved March ao, 11160. abd an ordinance of the Conn-, ells of the 4. ity or F f ttsanrgh, pissed april 10, All Licenses not paid on or bet Te,MAT 1 1869, will be placed 14 the bands of a police o ficer for collection, subject to a collection fee df 50 cents, and all persons who ne,leet or refuse to, take out Licenses w1;l be subject toga - penalty ciduble the amount of the license, to be recuvered befcre the Mayor. The old metal plates of last year must be re• turned at the time Licenses are taken out, or 23 cents additional will be charged on each License. BATES OF LICENSE: Each one horse viehicle • 7.50 Each two horse venicle 12.00• Each four horse vehicle ' 15.00 Each two 4orse back 15.00 Omnibus and Timber Wheels drawn by two horses, $lB.OO each. One dollar extra will be charged for each additional horse used in any of the above vehicles. A. J. COCHRAN, fettatetwom City Treesurer. OFFICE oy4ll, sIY IntrEyon, PlyTelnirEoll, February 13,1864. OgrNOTICE. TO CONTRACT :- ous.--seated proposals . for the grading, pavingand curbing of CAW/1M STREAM. from Forty-fourth to Forty4fth street; LI.ST ALLEY, from Fountain street to Fortl-tirst street,* ALlifoliD ALL EY, from Bat!er street to the Allegheny Valley Railroad. FOSTEst ALLEY, from Butler street to the Allegheny Valley Railroad; D • Will be Feb received at this office until SATUR AY, ruary . 27, 1889. Specifications and Blanks for bidding can be had at this office. No bids will be received unless made out on the prcper blanks. 'l'ne Committee reserve the right to reject any or all bide. H. J. moons.. rem City Entritieer. It;r TO SVlLDEBS.—"Seiparate Pronosale, addressed to the Commis sioners for the Erection of City Hall." will be re. elved at the office of the Commissioners, No. 06 SMITHFIELD eTBEET, until MOND4CF, theist day of March next, for the Stone Work, Brick Work, Iron Work • and Carpenter Work, Required in the eon of the new"eity the according to the p laneand specifications of the same, which can be seen at the'odlce of J. W. KENS, Architect. in Appolo Building, No. 80 Fourth Avenue, where all requisite information will be given. - Ats FOR PLAg. itawardirTEßMAZWa received WORK HOUSE. Specifications of work and materials to be seen at the office of Messrs. Barr & Moser, Architects, Sixth street, where propesals will be left. ad dressed to • •• H. S. , FLEM' NO, fe"^ieSitalt Committee, SPECIAL NOTICES. oraturcituvo. wiLitijuaDTE. Thls splendid Nair Dye is the bestin the world: the only true and PeMet 'DYe: horldess• ble, Instantaneous; no d/soppolnttnent; no rt. dletdoes tints' remedies the 111 effects of bad dyes; Inyleor i d e sies and leaves the Hair soh and besatlfal. or brtness. Sold by all . Drugghns and Perttunero: and properly applied at Batche lor, el Wl.t Foetal", No . Bond street, New York. an=:p2/1 InrMARRIAGE AND CELMA. CE.--An Efor young inen on the crime of Solitude. and theyDISEAhk.S and ABUSSB which create iotpedimenta to MARRIAGE, .with sure means of relief. Sent in sealrdl letter en velope& free of charge. Add,ess. Dr. J. SKIL LIN 110ED/ITON, Hownsd Association. Phila delphia, Fa. 11119:d&T towisizat.)3l THE NATIONAL LIUESERINCREOMEIN, UNITEDSTITES OF AMERICA, : . WASHINGTON. D. C. • Chartered by S p ecial. Act of Congress, Approved July AS, 186 g. CaskCaPi -- - $1.000,000. Nina Mee: PHILADELPHIA, FIRST NATIONAL RANK RITILDING, Where the 'general business "of; the 'ComPtilv transacted. and , .to which all general corres pondence should be addressed. DIRECTO 18 Jay Cooke. Phllaca E. A. Rollins. Wash , n. C, El. Clark, Phlada. Henry Cooke. Wash. John W. Ellis. Clueing. W. E. Chandler, Wash. W.G.• Moorhead. MIL Jno. D. Decrees. Wash. Deo. ir..!l'yler. Phila. " Ed. Dodge, N. York. J: Hinckley Olark. Phila. IL O. Fannestook.N.Y ""- OFFICERS. C.H. CLARE, Philadelphia. President. HENRY D . COOKE, Washington, Vice Preald't. JAY CtRIICE, Chairman Fitanoe and Executive Committee. M EERSONW. & `PEET, Phil.; eland Actuary. E. S. TURNER, Whington. Agin Secretary. FRANCIS' G. SMIT H , D., Medical Director, • J. MWINO.MAAIts. M.D.. A seitMed. Director. MEDICAL ADVIRORY BOARD. J. K. BARNES, Sure. General U. A., Wash'n. r.J..)21011W1Z, Chief Medical Dept U. N., Washington.'D. W. BLISS, M.D., Washington. - • SOLICITORS AND ATTORNEYS. WM. E. CHANDLER, Waabington, D. O. GEORGE, HARDING. Philadelphia, Pa. This Company, National in its character, offer s . by reason of the Larg. 4 oapltal, Low Rates of Premium and New Tables. She most , desirable means of insuring Ma yet presented to the pub 'That/des 'of premium being largely reduced, are Made as favora Co m p a nies, nsurers as those of the best Mutual and avoid all the complications and uncertainties of Notes, Dirt , dends and the mlaunderstandinge elm lat ter. are SO apt to cause; the Polloy•liolders. Several new and attractive tables are now presented which need only to be understood to prove acceptable to the public, such as INOtiME-' ORODUCING POLLCI and RETURN PREMI. UM POLICY: In the former, the policy-held& not only eeooree life Immo., payalde at death,' but" will receive, ti living , after a period of a few 'tarsi an annuca•(neenteseuni; in fen or eat. tIU erni.). thd par of po li cy. , The lit ter the Commit agreed td return to Ma/gored Me. totql moat* of nova eaefaktln, : in ad dition to the ansount Ais pates,. The attention of persons contemplating • Insuring their Ries. or Increasing , the amount - of insurance ;hey al-' ready have, is called to the special 'advantages' offered . tl . the National Life /mutters Coat pant t:Circulars,•Pampidetatipditill partici:deli Alien On.rlicati; i n to the Branch 11111ce of the cam 'pan in 'Phi 'dolp orits General Agents. OCAL•AtiNNTSaitIe.WANTXD, every 'Oil/ land ABC APPReatlolls from. compe , + . " tent parties 'tor such 'exoticies witirecitable doriettient," Should be sad resufd Too' THE' COM MST'S IFIENNAILLAC9/NTA WILT, la tint:" respective districts. , Oit'sgnAt nrizirreii k" 8. W. CL - 11.111C A CO., Philadelphia, , TorPeons i rraelesnd kidethera New Jersey. ' JA.I" COKE & Wasbinaton,_D. C., For Maryland, ,11elisrartf' District of Ooltunbla and Weskyirgein. • evAY & CO.; Agents for' Allegheny, Reaver,•.lPatier, ..Mercer and , Washington counties. For further particulars address address B. S. RUS SELL, Manager, Philadelphia. anEnewar §ECOND LlftT. 1869, APPLI• OA.TIONS TO nitre/. LIQUORS, Sled in the etk's °Mee, month or 'February , n 69, NAME. HIND. PLACE. Michael LlMpert. 0: 9., OthWard,Plttsburpti. Phil. Herder, U. O. Bth ward,. Allegheny. The License' Board will sit for hearing the above apolleatlons on WEDNESDAY. the itelkth Intl., at 9 o'clock.A. H. IWO:eat JOHN G. . BROWN. Otatk. THOMAS STEEL, Scare MEM anXOR SALE TO, LET.r-Houses and Leta for sale ln alLisarts of the city and be. Also. several' F AMU- In good locations. Mesh& smaII.WOOLEN PAOTORTorith 30 acres of land, and good Improtementil which f Wlll sell cbeap and on reasonable term. Bnolneur, NOIIIOI. to let on good streets. PrlVate Homes lbrf-Yeatin .biSth Gilles. Par. f h rtber quirticulara Inquire of , WILILY/al ' lira ilk Grant' atreet.'onoosite Mariam .A t