Smyrna times., 1856-06-04

Correspondence Of the Smyrna Timcs.
Letter from Philadelphia.
puII.ApELpIIA. June 2, lS5


Hr. Editor Since my last, two days and
nights of the coolest kind of weather for tins
season Of the year, have passed over us. The
thermoncter on Friday night, in the city, inii-
Gated but four degrees of freezing point though
some Of oar milktncn OF say il made ICE What
effect it will have on the fruit, | am unable To
say. but it is hoped by all persons that il escaped
serious injury.
Oar markets look inviting just now. The
prodgious quantity of greens, in connection
with fine spring vegetables, arc enough to make
every one vegetarian. Green Peas are worth
- cts, per half peck. New potatoes 6 cts per
pound. Strawberries 37ajO cents per quart
A DelaWarian named Ncach, while on tour
h"rc, 4 few days since, rot in amongst the
" sharPers;" one Of that body of individuals
Conducted Mr.. y. around and succeeded, after
sticking Snudry glasses OF rum INTO him, in
! getting his watch, etc. When Il stranger is
! tamiIarly aCcosted here, he should keep at
| least one eye open.
The excitement in relation to the nomina-
tions to be made by the Cincinnati Convention
increases as the day of Struggle draws NIGH
a club OF 300 persons lett this city on FRIDAY
| for the purpose of Attending the Convention as
| lobby members, and to Orerawc by brute rec
all those who fail to vote for their choice Mr.
Pierce offers himselfior denomination, and Mr.
Douglass is also looking anXiou>ly al the White
| llOusc-tWo persons who, + they were out O
the country, would be Il blessing to it. Mr.
Buchanan appears to be very popular. Mr.
Marcy also Offers himself, aAd it is hunted oil,
CaSs Is working desperately hard. These ar,
the prevalent rumOrs.
The Republicans are to hold n Convention
in this city, on the 18th OF June, for the pur
pose,oi MS king a nomination iaF the Presidency
The prominent mines before that body will b,
Mclean, of Ohio; Coz Fremont; +. =. Blair
of Md. The principles of the Republicans ar,
Identical with those Of The american party, eX
cept the direct issue against the extension o
slavery, while the Americans want nothing t,
I do with 1t. y great Struggle is ahead. Tire
, parties-one sold 10 the South, the other to Thu
North, while the third is for The whole Union
1t Is astonishing to see the amount of none
that is invested IN Building Associations here
1t Is estimated that S600,0O0 per month ar
collected together by the members of these As
socatlonS. They are on the mutual system
: all Stockholders sharing alike IN the losses an
profits. FroW good authority learn that thei
bond and mortgage accounts amount to owe
twenty-five millions of dollars. This show
what poor men can do, when united. Their
are numbers of mechanics who are now pawn
I tor their houses, Instead of paying rent. Tn
! plan OF the a SsOclatIuns is very simple, thoug
to some they are difficult and intricate. On
share of stock entities the stakeholder to dra,
from an Association $500; to be entitled I
this $500, he has TO pay Sl.00 per month, unit
D the money Is dOubled-the whole sum to b
paid shall not be over 500 to pay that sun
1t would require 3 years and 1 months; Sc
ample time is given for the money to COMPOUND
IN addition to the heavy bonus that is paid.
some Associations they charge interest on tn
1 bonus, others none. At Il meeting of the Asst
. clRton, money is put up by the president f
sale amongst the stockholders. Each Associa
ton has It's cOnveyancer and twelve direction
the duty Of the former is to ascertain the title
q OF the property the member wishes to purchase
three directors are detailed to examine the prC
perty, and if everything is satisfactory, III
u money is loaned. TO give little better idea
!, suppose n. wants house, he has six shares, h
- pays % cent. premium, and receives only $500
the other SlO0 are sold to b. On AS share
two are sunk. A. has to pay into the Associa
ton, besides his monthly dues of So 90, $40
Q eXtra--the interest of $500. Thus the inte
S est and regular dues are loaned out ever
;, month, and are continually compromising. II
, man rents house for $40 per month, he pay
Sl44 per year-a sum that is entirely lost
him, so far as any return is concerned TIL
C same property, it he was to buy it, would co.
a hma little more-probably $40; but then ever
n months REM would be paying for his house, il
:, stead of paying the landlord. Such is an ou
line of their workings; and the benefits the
bestow ale countless
MARKETs.--The quotations for Flour an
! Grain are unchanged, Shipping brands az
held at S5s7a$6.50. Large shipments arc b,
ing made. Caro-.