The New York Herald Newspaper, January 17, 1862, Page 3

— NEW YORK HERALD, FRIDAY, JANUARY 17, 1862. or vi ‘therefore, there is of ‘wrong in this entire transaction {s not attributable to tho ent, nor to its oy or its agent, but to the naval officer W! skill the committee deom indis; ensable to “successful business transactions,” and to that system whieh preferable to Fendence betwoen department and ammodore Breese, pween ; 5 the tow 10, in relation to this matter, ahould be publish- ‘known accord. ei, in order that all the facts inay be ingly T annex a copy of that ay lad madden Ge ever aie: aera ber of oa thnk was mai 1 la @ number were le Tag the trys tor ‘which the report alluded to eacesingtenial oxpmechtiecoe ont,” that of the Stare and Stripes is selected fs furnishing the most point- timeny that ‘the policy of the department was a Lomige§ be selected or tet aut uty. committee, and 1 point of fuct, it is probbly: the. “btrongest, and perhaps cago that can be adduced in their bebalf. com- maitieo aay they desire to present:— A atmple instance of deception practised upon Mr, Mors so/the malo torhina ef w now vessel Uh e Stare and Stripes, which had been afloat less than two months, This vessc! cost its owners but $25,600 to bulld her; hud earned, under a charter to the United States, in that two months, $15,000 net, and was then sold to Mr. Morgan for $55,000, miking a clear fit to her owners of ‘This was done by making Morgan believe tsat fe cost 960.000 to build her” ‘The Stars and Stripes was a new and popular vessel, ‘commended to the yp mtn Dy naval officers a8 one gy ag Ales well adapted to perferm etfective service blockade. Mr, Morgan was, therefore, directed to purchase her, if he ‘could, on reasonable terms, To do this was attended with somo difficulty, for the vessel ‘was at the time under charter to the War Department path Beat per month. Mr. Morgan succeeded, how- dn purchasing her for $55,000. The ‘contmittee wae that she had actually cost the owners but $35,000, and there is no doubt that under an extraordinary com: Dination of circumstances, when business was stagnant material and labor cheap, with an engine constructed reduced for another vessel offered them at a greatly price, the owners of the vessel built her rate, But this was to their advan' not that it should be made a point Navy Departinent that the owners had, under favorable cireomstances, buflt the vessel economically and at ®roduced price. The truo question is, what was she worth when purchased. This can be best ascertained, perhaps, by comparing her with the vessels purchased at about the same time by a naval officer, who is endorsed by the committee, and which was procured under that elem, which they commend as as greatly preferable to jich the department adopted, ‘Stare and Stripes was a new steam screw pro- Poller, of 407 tons burthen, bougit under mercantile ‘tsxge, which the committee condemn in generai, and this transaction in particular, fo The Penguin, a steam creat three years old, will aactinery Gcasidereti’ scorn, barthes 290° tong, was bought by Comm«dore Breese,” a payal officer of ‘professional skill,” ‘presumed to know what service is of such Vesse!s”—the officer and the system ‘commended by the ee Committee as pre- ferable to that which the department had adopted. For ‘the Penguin, which was of ices fo than the “Stars onapitipes yand two years older, modore Breese ‘The Ribatra oss, another steam screw propeller of 375 tons, three years old, of the same class also as the Stars (peatariven, except ‘ber age, which is greater, and her @, which is less, was bought by the same naval , under the same system, for $76,000. ‘These ace iho facts in Peetion to those purchasce under the two systems, by a merchant under mercantile usage, and by a vaval officer under the system commended dy, the committes, The Stars and Stripes they select as te mest objectionable purchase unter the policy of ‘tment and the action of its agents—the Penguin na Aibacroes 1 Lavo introduced as ia tie and haractor approaching nearest vessel a were pur- ehaged by @ naval officer under the ‘6p . si ite system. In the statement censuring the xeking for its of the Stars and Stri; pjection is made on the ground that the owner of that vecscl realized large profit—one item of which was “$15,000” net, w Gyiy Although this is made a cause of censure against the wy Department, it must have been known the charter war not with the ‘Navy, but with the ‘War Department; and, in all Probability ‘that profitable cbarter compelled the Navy Department y a higher ae for the propelier. As compared with fo pa purchases a oflcer, the price paid for the ‘tara loubt: MERCANTILE UE. It is represented in the report whch led to the adop- tion otthet resolution by the Senate that! was aware of opposition to commercial usage in purchasing vessels, had been notified that the agg 1 commissions for madeat Now York tae ‘be large, for that had been ascertained and bi to my knowledge as early ag the 6th of September, Although I have no Feeollection froma such notification, and can find no re- cord of it in the department, Ido not mean to question ‘the fact, for I was in the recotpt of constant daily advice and suggestions from many on almost every phase of the On the @th of September, and for some days thereafter, 1 was in Conneoticut. I distinetly recollect ‘@ conversa- tion, general in its character, but I know not the date, Wit one of the. gentleinen, may have been than one eens when the subject was mentioned. ‘Wf tt was inten to object to the system of mercantile ona which the cepartment had doy and to urge a cance by raval officers, I did not go under- had } been aware that such was the object my and experience were so directly opposite that 1 Se ot ital A a bg pect for the gentlemen, haveaban- doned a system which I knew was rapidly securing to = ernment good vessels, at low prices, and which, ite arrangements and details, was incomparably preferable to, ag well as more efficient, more economical and more satisfactory than that which ey, are pleasod tons intimate they desired should prevail. ‘The operation of the system which they commend had deen eminently unsatisfactory, and woul, had it con. |, been at an expense of indreds of thousands of @ollars to the Treasury over and above what has been paid—nor even with that immense additional expenditure would the navy have been go rapidly and efficiently aug- ment HA “aa. MORGAN'S QraLINCATiONS. The same report which expresses dissatisfaction that I adopted mercantile “in fn procuring ships, also de- Bounces the Sa cow wi eg 4 say, ‘‘bad never had the test experi the new and responsible duties eh bo was “called upon to discharge, either in the baval service, the buil or buying and selling of ships, or in apy pursuit calling nowledge of their con- fom, capacit; yy or vi }, Dever having spent an hour hve personal! Mr. Morgan, who is thus represented, Botte his youth, and for the last fu twent; Che as an active business member ef & importatione—a commer- cial house 0 if, selling and charter- owning, purchasing, re. and whe | had himself acquired a for- ‘successful business pursaita. It is a gratification that every business man who has expressed an opinion o mm ioe on the subject takes an entirely different view from the roport, and no inconsiderable portion of Sirs and gerehante have borne volvn- to the rare business qualifications of Mr. heyy is employment—his skill, integrity and energy of character. While the cuir depreciates y and ability, eminent merchan ‘of New York B, ” that“ “the weheanpanndo Gor | ‘he Navy De t in this city by Mr. George D. Morgan were made with integrity, economy and ability, and to the advantage of polio can’ And the commission from the sellers was in accordance with the yapinton of thene practical hore 1 men, whore large ¢3 ‘weight to their declaration, is in pied confirms me ‘in the polic; 4 naz ‘They have reoanaiy me, and state that “tho plan you adopted in ‘business we believe has resulted in your obtaining good voasels and lower prices than bave usually been paid by the government.”” ‘T annex to this communication one of the many tosti- meniais from responsible merchants, commending and ing my course as beneficial in F results to the is not necessary that 1 Id say such =a y froma, such men, at such @ time, are moat ae CONCLUSIONS. In create Tenink it right to state that thoso points of procedure in the purchase of vessels for fhe eeyernmen government which most fixed and absorbed my own tion and care throughout the whole transaction do not appear to be equally prominent and principal before minds of all those who profess to have investigated ess of the jeOvne J hy purchases made not in com. ice with rth my directions and before my plan of pur. consideration, had been fully carried fato elect; the rato of, the accustomed brokerage pall by nate issue of ill judg the sellor to the agent in erie with mercantile In each of the bases, and {ts aggregate in ali m; and, iastly, Phe: antecedent business, and even farnily relations of the purchasing agent, thene would feom to be the points in the case upon which the merits Sarees; ‘and my plan of action, in the parcliases have been in’ somo quarters nrraigned and jndgod. But 1 assure the Sevate that my own solicitude and exe: in all this matter wore engaged in consideratio far other than these, and, in my humble judgment, of far higher publi conoerntaeut, ‘To go, under the — of a groat emergency, and ag the sibsonuet ‘calla Congress, iuto Mito that oren market, which, as appea's by the law, this governinont alwaye ‘Winely 4: to entor wa a prerchager, even in the pervons of its trusted oMeials; to arm myself’ ond my ta, With ail mannor of precautions and gnaran- | frm ‘Mistakes, or fraud,or foul doaling, se that Larmptations and embarrassments and besieging op- may ey ny he fom of trartic may ean, hug aimoet 10 ealomporize 6 navy by eee all my best neoled veasols of the best possiblo Berhad lowest porsible cos. to the gevernmont— Avoid all violation of jaw in 80 far as possibie, fall departare from the stomed and appointed terms of auch business, go that, HOverrincnt was protected, the seller, being 4 sage fixed by hinself,should wt HOt one dollar from the FT had Qret-received, in the subsian- and slipping promeety its uttoringet Thm to be a haale ipo the result te pavarniventof the whole transaction as tts Dest aud suflivient vindication and praige--theso were the | CORRESPONDEN' (CE CONCH ae PURCHASE OF THE WILLIAM BADGER AND ROMAN. int seascnablo raten, for ccaling pahempenss tone: pon ie ara dane it Crea Xe wi pete gd expedient vided they can be one that could is wanted to carry This should be a good thd wba sareizing ibe squadron off Pensacola, could the mouth of the Mississippi and form a vice, when she could return to rep! rete adv ise with Mr. George D. Morgan in regard to this matter, and make ee with his approval, Iam, respectfully, your obedient servant, EON WELLES. Fs ai ‘8. L. Brxesz, Commandant Navy Yard,New fork, COMMODORE BREESE TO SECRBTARY WELLES. Nave Yap, New Youx, June 14, 1861. Sm—I beg leave to inform tho department’ that, in compliance with its order of the 13th May, to chine two whaling ships for coal hulke in Hampton 1, with the approval of Mr. Aspinwall, iu the absence of | Morgan, adceptod the profit? of ai’ agent, recommended to me by the first named gentlethan, to. proceed to New Dhatoed apd pelees, toro. WhO. yeu. be sound, adapted for carrying five or six hundred tons, and with good ground tac ma ‘The press of work then did not scem to authorize my sending the Naval Constructor with him; but, ov the re- port of this agent, Mr. Starbuck, I agrcod to talko the ves- sels. On docking them, however, in order to replace copper known to be off, it was found that the keel of one—tho William Badger—was in great part rotten, and had to be renewed, and most of the copper off. The other vessel—the Roman—required a new mainmast aud main- topmast, with tho replacing some necessary rigging, &c. This hag been done, and the vessels could’ be ready’ in & day or two to take 1n'their coal. Ihave not yet received a Dill of salo oF other documents to validate thoir pur- chase, and have delayed placing # cargo on board until these shall be delivered and the expenses of repairs do- ducted from their cost. Tam told that Mr. Aspinwall hag paid for thom already. I have approved no bilis for their purchase, but have 10 out MF, Arpinwall earuod he payment this way from the best motive. I should be to know that be ls conaldered by the department us the purebascr, and 0 be relieved of an nnplensant uncertainty. And I’ beg to know if 1 sball still Gefer patting coal on board until the vessels become bona fide the property of the govern- ment, and the reduction on their cost is mado. Very respectfully, your obedient servant, SAMUEL & it. Hon. Gioxon Wrizxs, Secretary of the Navy. Comuxpast’s Orrick, Navy Yarp, New Yor, June 27, 1861. Sin—I forward herewith for your approval bilis for the purchase money of the ships William Badger and Roman referred to in your telagraphle despatch of 17th inst. at ving been purchased by Mr. Aspinwall), and other papers connected with their purchase. I have already advised you, under date of 16th inst., that extensive re- pairs were necessary to fit them for the service iutended, and that it was my opinion that the cost of making them, or a portion at least, should have been deducted from the original purchase money before roceiving them, but as they appear to have been paid for in full at the time of purchage by Messrs. Howland & Aspinwall, aud they do not consent to this reduction, and as your telegrapliic de- spaich above referred to was peremptory, to coal and de- spatch thom at ones, I waived my opinion, and have obeyed your orders. Alier action by the department has been had upon the bills, I request they may be returned to me for delivery to tho parties interested. Thayo the honor to be, very respectfully, your obedient servant, SAML. L. BREFSE, Coamandant. , Hon. iproy Wrius, Secretary of the Navy. Navy Deratraest, July 8, 1861. Sm—The bilis of sale of the ships Ronan and’ William Badger wero received some days since. The department ig not yet prepared te pay these bilis. Tho first informa- tion it reccived in relation to the vessels was conveyed in your letter of June 14, You stated that you had agreed to tako tliem on the report of an ageut recom- mended to you by Bir. Aspinwall, whom you had sent to New Bedford to make a selection. This was not in ac- cordance with the instructions to you of Muy 18, and in fact confided to a third party an important ‘duty which you were required to do after consultation with Mr. Mor- gan. You had found the vessels defective and repaired thein before any intimation of a selection or purchase had reachod the department. Thave heard from Eastern men that some whale shi have been bought at very low prices and resold to the government at much higher rates. department would like to have the original bills, or an aflldavit from the party or parties from whom te William Badger and Roman were purchased, that no such transaction las taken place with regard to these vessels. Before paymeut is made let the whole facts b> dis- closed, and if the transaction is fair and correct no harm can regult. Buteven if they are proporly bought aud yet old and out of repair, as ropresented, it is proper that the coat of repair should be @ deducted, am, respectful our 0 servant ie GIDEON WELLES. Com. §, L. Bexgse, Commandant Navy Yard, New York LETTER FROM MERCHANTS AND SHIPPERS OF NEW YORK. New York, Jan. 11, 1862. ‘To the Hon. Gingow Wares, Secretary of the United States Navy, Washington:— Sm—We take the liberty of — you that we be- lieve the purchases made for the Navy Department in this city by Mr. George D. Morgan were made with in- tegrity, econciny and ability, and to the great advantage of the government, and the commission he received from the sellers was in accordance with the usual mezcantilo” custom. ‘The plan you adopted in this business, we believe, has resulted in your having obtained good vessels at lower ‘e vsuaily been paid by the government vel L. Mi Barstow & Popo. Dan. Drake Smith, Robert & Williams, Russell & Sturgis. Franc s Skiddy. . L, Frost. Witliun Neisou. ‘Tucker, Croper & Co. Spofford, Tileston & Co, Howland & Frothiogham. —_ Williams’ & Garin. Kirkland & Van Sache. Zaeger & Co. James Bishop &Co. Caleb Barstow. 3. &N. Smith & Co, Harbeck & Co. ‘Theodore Crane. Bucklew & Crane. REPORT ON PURCHASE OF VESSELS. ‘ew York, Noy. 29, 1861. fir—I have the honor respectiully to Teport that, act- ing under your letter of the 15th of July, and subsequent lotare and telegraphs aathorizing purchases of vessets selected by the naval censtructor, orduance officer aud engineer, appointed for this purpose, and immediately on ith ‘arrival of these, offecrs suggested a plan, which was adopted, whereby every sifitable vessel in pore should Baye properextmivation. A sicamtug was placed at the disposal of these who proceeded almost daily for many weeks to inspect the various ves sels in the harbor, and, in the performance of this duty T deemed it proper to accompany thom, Each vease suppored to be suitable for naval service %. 3 personally juspected by the naval constructor and ‘creates fioer, and the steam voseela by both these officers and eng!- neers, When they approved any vessel, 1 was a. tho- rized tomake tho purchase, with the privilege of rejec tion, if, by @ closer examination as to the gundness of her hull and machinery, she should not be acceptab.e to the naval constructor and engineer. With such ap- proval in writing, and upon such conditions, I proceeded to negotiate with the owners directly {n all cases where they resided in the city, and with their authorized agents when they resided elsewhere, stating to the veb- lors in every instance that the government Inxtrueted me to buy directiy of owners, and without the intervention of any third arty that the goverument had authorized ko the purel tipon the usual mercantile tablished by the Chamber of Commerce in this city—viz. a comninission of two und a hall er cent on the amount of price agreed upon, to be paid by the sel Jer, as customary in purchases by privato individuals. No higher commission in any tustance has been patd, nor ‘Aaxy sum or brokerage paid tony other party, with my knowledge or consent;on the contrary, in conformity with my understanding of my relations to ment, I bave invariably taken the po brokerage of per centage be tliowed. ‘The attention’of the N mmisison was frat direct. ed to the size and draft, in accordance with the in- structions of the department, as it was deemed most im- portant to secure these, as they would form an important auxiliary tothe navy. and the number to be obtained, of tonnage and draft corresponding with your tnatruc: tions, being limited. Afterwards railing vessels and steamtngs and forry boats were examined and ed. The fallest oppor- tunity has been oflered to owners to oiler their vestels to tho government, both by public wivertisement and pub: Hic notification, and no one has offered his vessel, if.at all Suitable, without its being inspected: nor has there been any partiality or preference exliibited in the inspection or purchase of any vessel; but {requently, when owners havo falt a desire to haye their vessels re-Sxamine', thoir wishes have boen complied with. As soon as any \ssot was purchased she was deivered by her owner to tho shipyard selected by the naval constructor, and her in- Yontory received and exanitued ty mo, and the furniture and fittings of the purchagol veesel pliced ip a Storehouse, subject to the order of the department. ‘The amount (his received was very large, and has since been delivered to the various naval versols’ fitting out fur ser- vice hore, and to the Commandant of the Navy Yard, under yout order, I bave regarded the duty you have devolved upon mo to Ve Most responsible and important; ‘4nd whilo [have endeavored to protect the interests of tho goveromont, I have also.endeavored to act with the Strictost Impartiality and jiistice towards every owner of Vetseis offered for vale, in being consined in my pur. Chasosentiroly to the yersols approved by the Naval Commission sand thoir examination and approval being hecersarily known, in nearly every case, to. tho owners before negotiations were begin, and in many instances acting under Cay or pene: to buy at onee and sand forward without delay, T feel that I have not always been able to purchase at’ prices ag low as Teould hyve wished, but: in all eres 1 am conscious that I acted in this responsible trust for the erninent filtiitatly und to. the. best of my ability. 1 band herewith a detailed report of all my purebases, showing the Harte of the seller, the name of the vessel, Nor tonnage, price atked and price oy t it ng that further and final examination of my ae robation Live lad.ths konor bod fopt Hon, Gibwow 'Weu.88, Sooretary of the Navy, Price asked, | paid. sass | ,000} 135,000 7eto| “anion 145,000} 136,000 87,000) 86,000 125,000] 85,000 540 | 25,000) 22,600 190 | 19,000] 18,000 220 | 35,000] 23,000 455 | 26-000) 30,000 387 | 21,000] 19) 1310 | 130,000} 96,000 | ee 4 aa 183 | 1sh000 173m 368. | 17,600) 15,000 1675 - i} $70,000} 22,500 -|Setug Mereu 183 BeiugO.MPetii| 130$} 42800] 86,000 as ip eri [see » Bell 14,000] 12,000 sr Cromwell & ss ena sa s Docitentsrile| le. mol 400,000] 805,870 400° | 20,000) 19, ost Ee 1808 896 | 20,000} 10,000 27 | 42:00] 38,000 270 } 38000) 27,00 180 | 22;000| 20:00 — | 21,000] 20.000 = | won| 37,50 190 | 19,000} 10,000 180 | 12:00} 10,000 180 | 12,008 10,00 ae 260 | 32,000) 11,000 0 | Bi 5,000 Biats Bhodetniand 100 | 14,50} 14,500 E, & D. Bigelow &| 171 | 10,000] 8,00 2)500] 10,500 10 7,290 512 | 40,000] 38:0) ison) Iso 65, 5,000 45,000] 600] 43,600 109 Soe 800 i 16,000] 16,500 rugs Seyinoi 18,90) 18,000 Pro, Mereedita. 130,000] *100,000 15.000] 12,000 t & Hawley) 15,000} 12,000 8. vMitentity & Co) Steama’ 120,000] 87,500 N. L. Propelier Co|St.pro. 240 | 0,C00}~ 80,000 Sch. R 8,500! 7,00, Sch Soran rail 388 | Sooo! 7700 ShShepdKnapr] s63 | 40000) 36.872 Bch. Pew iin 210 | 7,500] 6,000 217 |. sou] 800 199 9,000} 7,00), oo | 43. 87,500 683 | 25,000} 22,000 1) 16,000) 24,000 554 | 22,500] 20,000 250 | 10,000] “8,500 15) | 9,500) 0m Sc 216 | B60) 7.40 Vanden | 163 7,500] 6,00 colsey 210 | 9{000] 8,000 Tan Bishop 8 G 250 | 11,500) 10,500 John Ogden.. 874 30,000} 27,00) H. & W. Dela 397 | 19,0} 9,000 Mr. Van Stantvont - 26,000) 24,000 frilton, = | 67,000] | 50,000 ry, 180 | 20,000] 16,00 Ti Gs Ncstiparl Pro, Monticell ha sepa bios ronwe 0. ae Celfpros Mts Vernon] 6604 |*79%000} 103,000 Nut sper 1.P.Juckson} 740 | 60,000] 60,000 Bicouin Ferry Golerry boat Morse] B12 ‘000) 40,000 ‘A. Degraw........|Pro. Vietoria.....| 260 000] 25,000 Paul J. Forbes... |Pro. Flambeau ;-| 950 | 110,000} 100,000 *Owners add $15.00 to cost in addition. #Including charter moucy due. FINANCIAL, AND COMMERCIAL. Tuvrspay, Jan. 16—6 P. M. Money is quite easy; the rates of call are 6 a7, with exceptions at 5 per cent. Choice paper sell® at 6 a7, and good business paper at 7 a 8. The quotation for foreign exchange was very wide to-day, neither drawers nor importers being anxious todo business. The latter argue that the resolution on taxation passed yesterday in Con" gress will bring about a fall in exchange. It seems likely that money will now flow hither from the other side. We quote bankers’ sterling bills 112% a 113%. Gold is quoted 24a 2%. There is some talk of a resumption of specie payments by the banks; but unless unexpected victories should await our arms, no move of the kind can safely be made as yet. Stocks were lower to-day. Several! parties who have been buyers took an opportunity of realizing profits, and some operators regarded the Washing- ton news as unfavorable to stocks, and sold out, Governments declined 1 per cent, and the general railroad list about as much. The strongest stocks on the list were Erie and Toledo, both of which closed within a fraction of yesterday's prices. The commission brokers report a fair business. Those who have foreign connections have been selling large amounts of stock for foreign account ever since the Mason and Slidell affair. It is supposed that now, that that imbroglio is settled, the foreign- ers will want to get their stocks back again. If, as is expected, the ‘‘waning proportions” of the re bellion encourage the hope ofa speedy restoration of the authority of the United States over the whole country, they will have to pay more for them than they got when they sold. The following were the last quotations of the day, the market closing weak :—United States 6's, registered, 1881, 9044 91; do. 6’s, coupon, 1881, 89% a 90; Tennessee 6's, 434%; Misso ri 6's, 42034; Pacific Mail, 9740 New York Central, 83 a 4; Erie, 35 ag; do. preferred, 56%4 0.57; Hudson Riyer, 39 a —; Har- lem, 13 a —; do. preferred, 31a 34; Reading, 36% a %; Michigan Central, 524% Michigan South- ernand Northern Indiana, 20 @ 21; do. guaran- teed, 40% a41; Panama, 112% a 11334; Illinois Central, 6244 a %; Galena and Chicago, 68 a %; Cleveland and Toledo, 37% @ %; Chicago and Rock Island, 54% %; Chicago, Burlington and Quincy, 61 a § an gold, 102 a 44. Yesterday's work in Congress and in committee at Washington is the chief topic of discussion in financial circles to-day. It is gratifying to see that Congress has at last résponded to the public wants by pledging itself to a system of taxation which shall yield $150,000,000 per annum, or enough to defray the ordinary expenses of govern- ment, to pay the interest on the whole debt, and to provide a sinking fund which shall extinguish our indebtedness within @ reasonable time. Anx- iety on these points may now be dismissed. With regard to the financial scheme which is said to have been agreed upon between the banks and the Secretary, public opinion seems hardly to have taken shape as yet. The project coincides with the plan which has been so frequently urged in this column, except in two particulars, viz:—The new Treasury notes are not made a legal tender, and they are not convertible into 6 per cent bonds, but into 7.30 Treasury notes. The importance of these deviations from the plan urged by us is more apparent than real. As both the banks and the government have suspended specie payments, the new government paper will be, practically, alegal tender, at all events for all new business. Debtors, under pre-existing engagements, may be compelled to pay in gold; but, as a general rule, the business of the country will be transacted on the basis of a paper currency, whether the new paper be made a legal tender or not. It is, perhaps, an advan- tage to have the new Treasury notes convertible into 7.30 notes at the end of a year, and these lat- ter convertible into 6 per cents’ at the end of three years; for it affords the go- yernment two opportunities, instead of one, for paying them off. The object in making the new notes interest bearing was to offer an induce- ment to holders in the country to keep them in their possession, and likewise to shield the honor of government in the event of a depreciation in their price, It seems tohave been thought less disgraceful for government to have its bonds de- preciate than its demand notes. Without stopping to inquire into the soundness of this view, we may observe that it is well understood that the new 3.66 notes will circulate as money, and that con“ tractors, soldiers, sailors, purveyors, &¢., will be paid in them—though the banka, apparently, will not take them on deposit as money. It is enay to foresee that this arrangement will lead td difficulties hereafter. What ia a contractor whe feoeives ‘half @ million of: these notes to do with them, if he cannot Geposit them in his bank? If he sends them into Wall street for sale, whois there to buy them?— the supply being at least $1,500,000 a day. Will they not depreciate so rapidly as to affect the price of the 7.30 notes, of which the banks hold fifty millions? And will not government have to pay so much more for everything it buys? Doubts have arisen with regard to the amount of these 8.65 notes which Mr. Chase will be authorized to isgue. Acoording to the statement furnished to the Associated Press, the issue will be limited to 100,000,000. As the amount of money due to contractors by the United States, at the present time, is not less than $80,000,000, this scheme would enable Mr. Chase to pay his debts, and would leave him $20,000,000 in hand—enqpgh to car- ry on the war. for just a fortnight. At the end of a fortnight the Treasury would be empty again. We incline to the opinion that the report furnished to the Associated Press was incorrect, at least in this particular, and that Mr. Chase will be authorized by Congress to issue two or three hundred millions of these Treasury notes. Nothing less will relieve the Treasury, and render the vigorous prosecution -f the war certain. Some of the banks are still hankering after a negotiation of more 6 per cents at some heavy shave. As the banks hold $50,000,000 of this security, their in- terest would seem to be in favor of maintaining its market price. If Mr. Chase followed the advice of some of our leading bankers, and tried to sell or hypothecate $100,000,000 of new sixes, to be fol- lowed, four months afterward, by anether like issue, th} would probably sell in our market at 60 cents on the dollar, and the banks would lose forty per cent on the amount they hold. The business of the Sub-Treasury was as follows to-day:— Total receipts. $956,322 58 154,000 00 32 724 69 1,073,526 64 + 4,110,466 93 The joint boards of the Delaware and Raritan Canal, and the Camden and Amboy Railroad, and Transportation companies, have declared a divi- dend of five per cent, payable on the 2ist of Janu- ary; the Lafayette Fire Insurance Company of Brooklyn, a dividend of five per cent, payable on demand; the Kings County Fire Insurance Compa- ny have declared a dividend of three and a half per cent, payable February 1; the Lamar Fire Insu~ ance Company, a semi-annual dividend of five per cent, payable on demand. The statements of the banks of the three princi pal cities of the Union for the last week compare with the previous one, and the corresponding time of 1860, as follower: its. Specie, Cirew'tion, N, York, Jan. 11. 1386 ong 1A se0 762 26,378,070 8,121 513 5,G42,091 8,690,607 6.512.512 Fi 10 5,602,123 2,162,152 $247,997,069 ien.so7 250 29,615. 800 16,900,176 260,880,987 160,279,036 33,598, 218,371,668 it 573,124 Peed i et The following summary shows the operations of fhe Bank Department at Albany during the quarter ending January 1, 1862. It is worthy of attention, as exhibiting the increased activity of business so far as it is indicated by the bank circulation of the State :— INCREASE ‘ann Decrnase ty Stow RITIES AND CIRCULATION , FROM Ocrour 1, 1861, 10 Janvany 1, 1862. ‘Total amount of bonds and’ mort- gages, Oct. 1, 1861 Do. Jun. 1,1862. Decreas ‘Total amor 1, 1862... Do. Oct. 1, 1861 Tncrease.. The directors of the New Jersey Railroad and Transportation Company have declared their semi, annual dividend of five per cent, payable on the lst of February. The accounts of the company present a favorable condition of the road, espe- cially for a year during which the cities on the line Of its route have suffered a great reduction in their business. . 29,237,180 00 98,800,482 00 Tho receipts for the year are share a6 -$091,829 ‘The expenses... 1,994 ‘Two dividends of 6 rer ‘cent ‘ach, in. cluding the one now declared...'... 439,670 931,664 Leaving to be passed to surplus aceount.... $60,165 The annual report of the Milwaukee and Prairie du Chien has not yet made its appearance. We annex a statement of the earnings for the year ending January 1, 1862, prepared from the re- turns which we have published from week to week. The earnings for the month of December, 1861, are:— Passengers. Freight. Mails and rents. Ferry.....++ corresponding month i860: Increase for the month... The earnings for o year -_ are:— 186) . mtnadi 36 rragt0 43 Inc. Bt 4 % 70,600 92 682,784 96 Inc. .28 49,027 19 42,840 66 Inc.. 16,337 20 — Inc.. 16,337 20 $1,058,406 67 799,841 45 Inc.$363,505 22 Stock Exchange. TwonaDay, Jan, 16, 1802, 50 shatérieiRipta.| 80 5000 If! can rog bds. 4000 Hil cou bas, 62 2000 Mich 8 wk bd, 5000 ‘" 1000 Mo6’s itoH&kSIR 6000 California 7’s.. 70 1000 N ¥ C eon by 78 104 16000 EF Ri4mb. .b30 2000 Hariom Ist'm b 100 ‘600 MC8pelstmafeb 97 6000 Mich $o2m na’d 66 3000 Mich Son f bis 86 600 [Con RR bas. 91 1000 P&OSpegbICRR 415 bof america it mcritwex int. re i 1 oes. 85 she Bankof Com, 78 Fa Cloveeritt = ag 90, 10 Stoni oe : 98% 260 Galeweh enge RR 99 100Cleve& ToledoRR 874g 300 Nic transis ons aig 300 do. 60 beh RR, 860 tt Es SSSRSSSFLSAS sae EEE cos 38% pt oi p&o 4 114 200 Olove & iilin RN. 46s: $0 ahs Bank of tom Th 100 Gelb Chie. RRS 68 SOMA duC@RR.b30 22 CITY COMMERCIAL REPORT, Taurspay, Jan. 16—6 P.M. Asums.—The market was steady, with sales of 30 bbis. Pots at $6 8734. Pearls were quiet at $6 25. Brrapstuvrs.—Flour—The market was irregular and in Active, while prices for common grades were sustained Medium grades were scarcely so firm, while good to choice extra grades were firmly held. The transactions ‘embraced 8,000.0 9,000 bbis., closing within the range of the following quotations :— $5 45 a 655 570 a 590 515 &@ 555 570 @ 700 580 a 675 6 80 a 630 $3 5 1 70 a 8 300 a 430 290 a 330 —Canadian flour was in moderate request at our figures, whils the sales embraced 300 a 400 bbls, Southern flour was heavy, whilo prices were unaltered; the gales em- braced 600 bbis. Ryo flour was steady at quotations, with sales of 50 a 60 bbls. Corn meal was steady, with more doing, at our figures; sales of 450 bbls, Wheat was very quiet, und sales could not have been forced without a decided concession in prices; a sale of 2,000 bushels amber Wisconsin was made at $1 35; Milwaukee club was at $1800 $132, and red winter Western at $1 38 2$1 40. Corn was heavy and dull, while sales em- braced some 18,000 a 20,000 bushels Western mixed at 5c. , from store, and some lots reported delivered at 66c., closing, however, at 6c. a 653gc. Ryo was firm, with sales of 800 bushels, in bags, on the dock, at 8234c. Bar- Jey was held with firmness, while sales embraced 2,200 Dishels common State, at the railroad depot, at 80c, Oats were dull, and prices unchanged ; eales of Canadian and Western were made at Aljgo. a 42c., and State at 42 30.0. 43c Corre! he market was quiet, but holders were firm in their views. Corrox.—The market was unsettled, and quotations ir- regular. Sales of 450 bales were made at 340. for mid- dling uplands. Some brokers callod the market from lc. to 2c. under this figure, and others from 1c. to 2c, above it, The parcels said to be on the way from Liverpool are chiefly consigned to agents of manufacturers, with some lots to merchants, bought on speculation, Freicurs.—Kngagemcuts were moderate, while rates were steady. To Liverpool 6,500 bushels of corn were made, in bulk; 500 boxes cheese at 6d., 1,500 bbls. flour at 2s. 734d. a 2s. 9d., 800 ther: dat 288.,and by foreign vessel 960 packages bacon and lard at a 378. 611. and 600 boxes cheese at 42s. To Glasgow 600 bbls. flour ats. To Havre rates were at 18c. for wheat and 0c. for flour. HHay.—The market was firm, with moderate sales at 85c. @ 0c. for shipment, und at 90c. a $1 for good to prime for city use. Mo1ssske.—Sales of 103 hhds. Cuba muscovado were imate at 26340. NAVAL STonts.—The market was firm but quict. Sales of 150 bbls. low No. 2 rosin were made at $6 50 per 280 pounds. Spirits was$1 573% a $1 60 asked. Provisions —Pork was in fair demand, while prices favored purchasers. The sales embraced about 1 »100 bbls. at $11 75 for old mess, and at $12 a $12 3134 for new. OM prime $8 50, aud new do. at $9 a $9 50, for Western prime meas $13, and city do. $13 50. Beef was in good demand, with sales of [00a 900 bbis. at $11 50 a $12, chietly at the latier figure for plain mess, and $13 50a $l4 for extra do, Tierce becf was stealy; sales of 200 bbls. Ohio prime niess made at $20. Beef hanis were quiet. Cut meats were in fair de- mand, with sales of 200 packages dry salted shoulders at 4c., ati 170 boxes long cut city hams at 6c. Bacon was firm und in good request, with sales of 1,100 boxes at 7c. for city Cumberland cut, at 73gc. a 73¢c. for Western and city short rib, and at 732¢. for long clear city, and at 8c. for short clear city. Lard was firmer, with salesof 1,000 bbis. at 7340. @ 84ge.; the latter figure for primo quality. Butter and cheese were unchanged, Srices were firm and higher. Pepper was firmly held at 193¢0. 0200, Notinegs, cassia and pimeuto were all rm Sane has been very active in this market for some days, and a speculative fecling has prevailed. Sales this week have footed up about 45,000 sacks at 80c.; 3,600 sacks Worthington’s, at p. t., and 1,350 do. Ellen Austin, at $1 70 a $1 75. ‘SuGars,—The market was firmer, under the impression that the duty would be increased by Congress. The sales embraced about 200 hhds., chiefly within range of 73¢c. a 8%¢. for refluing and grocery grates, and 260 boxes were made at 78c. a 93Zc. TaLLow.—The market was tolerably active, with sales Of 80,600 « 90,000 Ibs at 94gc. a OJgc. for Western, and at 9%c.,u 93. for city. WISKRY Was firmer and more active, with sales of 1,000 bdbis. at 25e. (ANC) abla (TESS SAVINGS BANK, NO. 18 AVENUE A tween First and Second atrects. Open daily from to 2, and from 5 to7. A dividend will be paidon and after January 20 on all deposits entitled to the ‘same, at the rate of six per nt per annum on. all of five ‘dollars and upwards, Interest not called for will be placed to the sredit. of deposit: ors and draw interest the same aa the original deposit. De- Ponita made om or before January 20 will bear interead from the Ist of January, ORGE FOLSOM, President. Seymour A. Buxce, Secretary, LAIMS ON THE GOVERNMENT ADJUSTED AND promptly salaried through our resident agent in Wash Bo Ras as Ariny and Ni Boaniy, pe reerult MOMGAN ery ees A Mian — La yarn bi Cura eum as Firs an if 2. Culonel Swaine? manship no objec be raised im -W. BENNETT, 100 Broadway, up stairs, (COMMISSION “WANTED, A COMMISSION, AS FIRST or second lieutenant, by @ competent person ‘now serving im the army of the Pe for wheh & Hberal. cash wiil be paid on receipt of the commission. Address W., care of P, Vau Varrick, 192 Broadway. Jor, LOUNGE. CHAIR AND MATTRESS IN ONE ple iqalze when folded, four by she, inches square, two ry Trunks, Cainp Cheats, Camp St LEY & BRAD‘, reuoved to 440 Broadway, Es zz feet donee LAGS, BANNERS AND REGIMENTAL COLORS. — Btatl's , Mountings, Trimmines, ts, Engle, dc, HOJER & GRAM Mr 'Manufacuare 97 Duane street, New York. XOVERNMENT CONTRACTORS, 140%, HOLDERS OF claims for foods delivered to the Quartermasters im York and Philadelphia, during the months of October, uder and December, 1861, wil realize cash a a low rate, can do) so By applying to, BRAGDON & GAULT. Importers and Traders’ Bak’ building, Miwr street, third otlce from Broadway. rm PROOF SOLINGEN BLADES—FOR ALL STYLES ‘es Fezuladon swords and sabres, constantly vel i ay ory blade su) mitied to § WINDM' ULLER, stress Gp Seok 163 Pearl, near KLAN ARMY PACKAGE, OR SOLDIER'S d, contains tifteen diverent articles, and all war i by selling this package package :— ou i ewch 6 Envelopes to ma 6 sheets of Union Note er, ‘ Enveloy on to snaigh, sheet of Blotting Puper. 2 tine Steel Pens. 1 holder. 1 Lead Pencil, 1 row of Pins, 2 Needtes. 1 skein of Linen Thread, to fi Poeket ‘Comb. 18ong Book, with Sifty-six songs, mony The above package contains double the quantity of mseful Articles of any yet olfered. Sold at the low price. of $12 per hundred. JOHN fe Bookseller and Stationer, 15236 | Fulton street New York, — RIZE MONEY PAID TO OFFICERS AND MEN OF ‘ali United States vessels on signing the offi fal biunka, JOHN B. MURRAY, Ary ant anoct the Pons toe ‘89 Nassau street, N, ST REGIMENT NEW YORK CHASSEURS, HON, John Cochrauce, Colonel.—100 able bodied meh wanied. for this Savortie regiinan raat ao ugton, Pay, rations of enlistment; anty Will be given to those He close of the war Those enlisting in this regiment can their pay drawn in New York by their families. ecrultiog olide corner of First avenue and Sixth sireet, Lieut. D. W. LEE, Recruiting officer, 7 3TH REGENENT (CAMERON | RIPLES)—COLONEL 8. M. Elliott.—Companies, o1 iris ol companies, t ed, age favited to Join this ved iment, now 1m bar Fac m Staten Island. ‘The Simon, Cameron secures Foblineat fram esdaclidation, Due weeded poet nil persona oF $5 rach will be paid to a Apply to Major A. ©. C TLE, For eet, Washington n its, te reavuiting ‘headquarters, 2 square. ee PERSONAL. ANY LADY WISHING TO ADOPT A HEALTHY male child, whose parents are dt (mast take iva her owen), can eall for two days at 94.0 street, Brookiyn, in the rear. MILY—THERE 18 A LETTER FOR YOU AT STATION G once more, MONT. OMERY. FARRYGWHAT: Is THE MATTER WITH YOU: ARE ‘ou alckt If not, come and see me on Friiay at 8 Ps M., without fail, If you cannot come, write “afin yr zoeere TIFFANY, ESQ., LATE CAPTAIN IN A ‘company a ad's Own" regione nillicare his address at St. Nicholis Hotel he will learn something of interest to hinise! F THE YOUNG LADY WHO ATTENDED BARNUM'S on Tuesday, 13th inst. at 1036 Oalock A.M. woud wish to make the acquaintance’ of the young man Who took 60 much notice"of her, she can do so by addressing D; P.P., box 749 Norwic SHALL BE DOWM ON FRIDAY OR Cail at the old place, at 1 o'clock, on those das FOURTH 0} ERSEY CITY FERRY. MONDAY EVENING. NOTE given. If the lady wishes, renewal: end ‘continuasee of way Poot anise address, in confidence, H. B. 8., Broad RS. JOSEPH DELCLISUR, LATE OF CARACAB, South Ainerica, will recelve a very interesting letter by addressing 8, Camacho, Consul of Venezuela, 2634 Broad- way. rv Rs. ELIZABETH MoCARTY WILL FIND LETFERS iy chu re her son Dennis, by calling on the Sexton vt Trini- y eure OCRELLE.—I HAVE MADE FOUR UNSUCCESSFUL is sadly disappoinied, Do not think me Musuindral ‘of the time tat han riapeed since last we met. fs the weather will permit Iwi see you and make amends forahe long absence. i mad affection, Lam yours truyy Wi initpestate, rain oFanthe gaman, EVENING, AT. half-past six, rain or NAVY DEPARTMENT ONTRACTORS BILLS ON AY, Army aud Nary purchuse. by JOHN B, MU Banker, 89 Neasa. strect, corner of Li IVIDEND.—IRVING SAVINGS TSO. NO. Warren street.—The trusiees of this institution a Girected that interwst at the rate of six (6) percent Bum on all sums of $00, and tive (8) percent on all s up to $1, mur (8) per cent over that wnount,. 10 be fo all depositors ent sntified “thereto, payable on and after jonday, th day of Jamuat terest not with- Green Will drow inisront as prt rind Vanprnsite L, Boxton, Secreta: OR SALE—COLUMBIAN MARINE. INSURANCE com. uy Stock, cheap, ty ALBERT H. NICOLAY, No, 52 Pty Soc cheap, ty 'ASTREE, President, 25. fous ERoMisED LETTER NOT RECEIVED Have watied ane cay for it, I did not think you we to-day and would sv soon for willw: ig te morrow. _¥e ire will oy be fo forwarded ¥ to me, . ~ HOUSES, ROOMS, &C., WANTED, — A WIDOW LADY IS NEGOTIATING FOR A HOUSE in the central part of von city. She would like to secure lodgers; breakfast if required. Re‘er- wo et ac ‘& physician's office. of. ‘one or two first class ences exchan; ‘A basen Address, fully, Mrs, Allen, y. bn ahemp AND Wire, y TES NO Carona, a modera' Ad ura use. ib ocean swt Yorete| vera, 3. 0. Bac ‘son, qu AND SILVER WANTED AT A PREMIUM BY TAYLOR BROTHERS, __NO, 247 BROADWAY, CORNER MURRAY STREET. FFICE OF THE FULTON FIRE INSURANCE COM. No. 40 Wall street, New York.—T).e Board of Di. rectoPe of this company have inis day declared s ser{ annus dividend ot seyon (7) per cont, payable on Thursday next, the 16th just. “Transfer books will be closed unt, that date. RANKIN, Secretary. New Youx, January 14, 1832, RFICE OF THE. COLUMBIA, FIRE INSURANCE to the stockholders on and af Also a serip dividend of titty te cent ‘on the earned. premiums on polices written weit he participation provision for the year end ing December 3 $61, eertp for which will be issued to policy holders enti: tied’ thereto on aud after: February ‘15,4802. ‘The tr books will be closed until the 13th inxiunt, Naw Yous, Jun. 14, JOHN ©. BERGH, Sec'y. " nE, a cE COMPANY, 18 Broaoway, New York, January 14, 1862.—Notice iehereby piven that tne Board of Birestors ot iss compan: have thi v declared a ee annual interest dividend o three and r cen ‘on deman: a . ew A ‘STANSBUB Secretary. pup AVENUE SAVINGS BANK, Corner of Thied avenue and Twent IARTERED TROPOLITAN FIRE INSURAN fifth street. Six per cent Interest allowed on ail sums from one dollar to DEVORITS MADE ON. OR, BEFORE UTIL JANUARY, TWILL DRAW INTEREST PROM JA Bank open daily from 10 to and Sat reas 6 evenings from. 8 a Loum BEBNOEN i GREEN, Pre Ue Wen canal, SOON OF FVARICK, STREET. Open daily from 2, and from 5107 P.M. received on or f ietore January 20 will draw interest front the tat instant. Six per cent interest stowed on i sums of $500 and under, ‘and five per cont on langer a THIS aN HAS: BESTS Accounts, AND RE- SEARS 1D ON DEPOSIT $657,872 461N THE PAST THIRTY B, V. HAUGHWOUT, President. _Ganoxen 8. Cuarin, Secretary. ‘ANTED-LEE COUNTY FOwA), EIGHT PER CENT ‘Bonds, by ALBERT Hi. NICOLAY, 82 William street, ANTE ED—NEW YORK AND NEW HAVEN RALL- feat by ALBERT H. NICULAY, No, 82 Willian ANOE, STOCKS IN. THE FOLLOW. atannatian, City, Heuigera, Excelsior, H and Phonizeby ALBEE LL NICO! TANTED—Q UARTERMASTERS’ CERTIFICATES OF ptt send aoa hace. hm, ata discount. Ap- ply to . KING, 62 Broa: sway. 2, O00 72,204%, 0% UNINCUMBERED REAL ERS rt Tene York or Brooklyn. No broker- ‘age charged, box 123, Herald oftice. 6,500 WANTED—ON IMPROVED PROPERTY in. Le 4 ay. worth four times the amount. Ine $6,500 i January, Those wanting to put this sum mr will ple lease send their address to Henry Mt ison, box 22) Herald No brokerage allowed on this joan, $15, (00 73 Oa%o% BOND A oneace, 1,000 and. bs wha io inv lortgnges. RGKANT, 18 ORS AT NO. 822 OAKAL STREET, Metween Broddway and Church sireet Clonks for 10 Cloake for 12 Cloaks for He [SE WANTED—IN BROOKLYN, A FULL 81250 modern built House, furnished ot nfurmanes, on or hear the Heights for one © or more Addre: location, price, &c., H. New York Pont ottice. oflice, OUSE, OR COTTAGE WANTED—OONVENIENT, TO the city, for one have arden attached. and ‘be a. low rent Adena ae tion, rent, distance from depot, &c., P., box New York. OUSES WANTED GOOD SECURITY GIVEN FOR the rent, A few Houses wanted 2 evant collet the money. "Apply to Av P- MAUGE, NO, Chambers street, New York, OUSES WANTED—GOOD SECURITY GIVEN FOR the rent, A few Houses wanted to take char fe of to ict and collect tke money. Apply WA. P. MAUGE, No. 7 abers street, New York. v, ARTE § MILL WANTED—ONE CAPABLE OF GRIND- Hot Jee than one ton of quarts per day. Adirens HYs. hs box 181 Herald oiee, N.Y. R' OOMS WANTED.—A GENTLEMAN AND IITS WIFE and @ single gentleman desire « Parlor and two Bed- rooins well furnienen, ‘with gas and fire, bu aia voard, in the vicinity of Union or Madivon ‘sqriare. © house mast be unexceptionable, Address, stating terms ‘and lone tion, H. B., Union aquare Post oitice, J ANTED—A 9 MACHINE : TO MAKE TILES FOR ROOF- ‘Address, stating name of inventor, box 4027 vou cae ‘ANTED—A FIRST CLASS RESTAURANT; ALSO A Partner, elther active or silent, with an equal amount if ital, to Join the ad ‘tiger, who: tor Serta fd pnoae’ Auaiehe Fr oe Res ‘box 00 beeabe rence in th a8, AGUreks otlive, HE ADVERTISER WOULD, Pam ixtures of a first class nA Be bux 1a? Hirata other he, maungs ai and atuount 9 aalen Wes ‘past Gear full particulars wil be noticed, Brooklyn. Ad name location, i ANTED—BY A SMALL RESPECTABLE FAMILY, Anew oF Cour Furmiahed Roomes giltable, (of ouse: 1g. Good references wi ie ves and rent pald in ad- qnired, “Aarons, with i particulars, Hi Saeteoh. Wxtep—ror ABOUT SIX MONTHS, BY A a of three grown persona only, @ small, neatly ( House, either In New York, Brooklyn or Jersey © WANTEDOY A Lt ph FAMILY, A MALL tad story How Basements wud fed inthe hon 7 veelther in New Fok ty a elty or Brooklyn, giving (ull particulars vox aah Sollee, ANTED BY = EPISCOPAL CLERGYMAN AND es War Herald ofieey J ANTED- A TWO STORY AND BASEMENT t MOUSR, With modern Improvements, ina qulet meh i location not above Twenty-t ‘low fo the netghberhood of Broa des: C. 1),, box 208 Herwid « W ANTED—A Fourth street, per annui, Ad FURNISHED FRONT I ROOM AND BED- room, suitable for hou ; room with gas pret forred; location between Spr reeenth streets amd Iudvon street nnd. Btsttsvenue, ‘Adress, for three days, Chatite, box 187 Herat office, Waste rant Ora “Tow! sR IN x BROOKLYN con” ‘veuleut to ferry; furnished pretornes family Hing to let part of their fmol “Sut or een eae wife end sax /ABt to keep house,’ will please address, atacing tert ‘A. Horak W NTRD—ONE. HALE or pg PLEASANT tor all Renteei family, f of «Witter rronpay and fur vaniiaorne- ble arrangement can be made with ie ‘Kairos, With vem, ey Ae D., tie coming year, ly, if am age reapomsole tenant, ollice. RAILROADS. FL RSos Bryer, RAILROAD. —TRAINS FOR J Troy, the North and West, leave Chambers nd LAM, aud 3:15, 9 aod 10152. My dal Ne YORE, U4! HARLEM AND AIGARE, RAILROAD. . any. eal, yates TMNT ASR cee Hea, AON AR a se OT Ag ai inont JOUN BURCHILL, Assistant Superintendent,