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Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1871-01-05
Scientific American
For 1871. ..s
TWENTY SIXTH YEAR,
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Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1871-01-05
Saoscr;pfioas-Is5I- Terms;

the cintOritI nanlTeinfnt OF Hlr-
per's. The Nation, X Y.
New-York tribune., 1871-12-27
BANKING AND FINANCIAL.

The GREAT WANT OF CAPITALISTS AND INVESTORS
A LoNG LOAN, WITH LIBERAL RATE OF INTEREST,
AND PERFECT SAFETY.
The large incomrwhich Government bonds yielded
in thc past. in consequence of the high premium on
gold and the handsome dividends paid by railroad
companies both in cash and scrip, have educated the
American people To high rates of interest for their
money. The recent advance in the nat lonal credit,
and the sharp decline III the gold premium have
materially reduced the annual income from invest
ments in Government bonds which. if bought at
the current quotations, pay only nominal interest
as compared with prevons years.
The bonds of old roads are generally selling so
hth that it is difficult for investors to realize seven
per cent for their money. In this state Of the mar
ktt favorable opportunity is offered TO capitalists
and investors in the ri. JOSEPH AND DENN Err CITY
RAILROAD CoMP.SYs FIRST MORTGAGE SINKING
FUND LAND GRANT BONpS. This loan has thirty
years to rum and bears eight per cent interest. with
both interest and principal payable in gold. The
principal is payable in New-iOrk, and the
interest either at Ncw-York. London, or Frank
fort-on- the Man and in the coin of the respective
countries. large portion of this road is completed
and in successful operation while the balance Of the
line is being pushed with all vigor consistent with
wcll-constructed road. 1t runs through country of
uNNUT pdSStu Iflilllly I"pHiit'u "itu 'utti-
prising and thrifty people, from st. Joseph on tho
Missouri River to Fort kearney, important
station on tho Union Pacific Road, which will
greatly shorten the distance between the Allan
tic and Pacific coasts. This is a guarantee Of a
large traffic. but. an additional security for
the bond-holders the Company has a land grant Of
l.5CnNO acres Of the richest agricultural lands in
the West which cannot he sold for less than s. per
acre, and the proceeds thereof are turned over to
the Farmers Loan and Trust Company az trustees
for the retirement Of the bonds with this money.
1t must be apparent therefore, to capitalist and in
vestor that the & PER CENT GOLD FIRST MORTGAGE
SINKING FUND LAND GRANT BONDS OF THE ST.
JOSEPH AND DENVER CITY RAILROAD COMPANY fill
the great want now felt-a long loan and liberal
rate Of interest ,cih perfect safety The bonds are
offered at present at 97i and accrued interest in
currency.
The st. Joseph and Denver City Railroad Com
pany's Eastern Division bonds were placed by our
firm at 87i, aud are quoted at 10ll to 1921 and
accrued interest. When the present loan is entirely
placed, these bonds must occupy very high stand
ard and advance in price.
TANNER Il Co.. Bankers No. II Wallst.
New-York tribune., 1871-12-27
SECOND BOARD.



Contrary to general expectation, the busl-
ness on Wast has considerably larger than usual
on the day succeeding holiday and the stock Exchange
presented greater activity than for many days past
Government bonds strong and gold weak late III
the day. The stock market the leading feature,
however the transactions beng very large and the hue
uations wide and frequent. Prices before the formal
commencement Of business showed quite sharp
advance over those NJ the close Saturday Int
at midday, Wabash had made further advance from CD
7l3 Rock Island. 1864 TO loi. and Northwest Com
on Ga, to 6a The frstnamed, however, absorbed the
of the street and throughout III" day
the stock kept changing hands in large blocks In the
afternoon dealingsin Northwestern Common were es
peciay active and was the next impOrtant'featnrc Al
midday the general list made reaction from the prfes
given above, hut after the o'clock Board prices ad-
yanccd to the highest ponto the day the rise being
aimed until II cost enormously high rates TO have
stock carried. This reaction equal 10 lub per cent
being most marked Northwestern Common. Wabash.
and ohio and Mississippi III the miscellaneous list there
very little business and express shares were for the
time forgotten. At the Boards, Delaware Lackawanna
and Western sold at lO9i 1904; C. c. and l. G., 19i
Panama. 69a69a; Ohio and Mississippi Preferred. IA
Morris and Essex 90 and Hannibal and St. Joseph 53I
The following table shows the hghest and lowest
y,r,.n . iyn fnals day
New-York tribune., 1871-12-27

The gold speculation n.ited, and exactly the
verse OF Saturday. far the tone Of the market
concerned the price having been mer early IN the day,
and weak with a lower tendency, at the close. The
opening sale 1884, from which the price TO los.
and settled back l0sa 10si The effort TO galvanize
gold life failed to-day, IL has for many past
days There 10 he nothing Ia sustain the market
not even the customary shorts. for where there
few rycrs II is difficult TO put out short gold in
easy money market, hut, with per cent rs the minimum
and l-32 as the maximum rate for currency a limited
demand from business sources Tor coin that
grows more abundant daily. and disposition
any quarter to bu speculatiO is only rcmarka-
ble that the price could remain whole day high
1854 The agents of foreign houses sad 10 be holding
large special deposit, so that it may not appear
III the bank statement hoping to he able To sell ii in
small lots without depressing the market unnecessarily.
But nasmuch the Treasury payments are greatly in
excess of the market demand for coin. material fall in
theprice r. generally believed to lie likely to
any day The Assistant Treasurer has IA yet received
no instructions BEGIN the prepayment OF the January
interest hut it probable that the prepayment will lie
beguu Tomorrow or the day after In the gold loan
market 6. T. 32, and per cent gold the rates
paid TO have gold balances carried. The total cearings
at the Gold Exchange Bank weIe s2s7lloO; gold bal.
ances 81 and currency balances, <24O59sS. The
New-York tribune., 1871-12-27
THE MARKETS.
Carefully Reported for The TsiBrss. !


TCEsDAr Dec. 26 1871.
moderate ie
continued light arrivals brm We quote al -
a t8 30 Pearls nomnaly unchanged at $ll
BrILDING MATERIhLSNorth River HAMS isr request
Long Island contnne dnl and nominal Pale Br'ss a
in Cement quiet but steady tths s"
6rm In other descriptions we have
10 e features note trade remains dull We quote
Pale M...... Sc Ooa 50 Rosendse p bb... al IS
j.n.y L. I 2sd 90 Common p bh...... 81 y
(ro,on Fronts NJ. 10 O0d Is u Lump. bb. al 3
Philadelphia Fronts. ~ Wab W Laths Eastern NJ IL 'o
HAIR
Cattle per bush 28 Nova Scots un. 81 25f4 so
Goat uer q Nova Scotia b. b tun. 5Odt 10
Gale. Ea..&City y tun. Ode 81
BROOM CORN AND BROOMs-There is enough do
ing the regular dealers to rsabhsn, quotsuohs
outside lot: have been .old at very low figures;
Of sales Of good Old Corn at SIC D and car
New Green urla dealers asking bG &C. for Oh
and saiir for New quality very dull and noniny
changed at 81 asa - IS = dozen 80
BEESWAX demand only for and account OF the de-
cline gold 3Ic for southern Of
al 6rmer with safes Of : 600 u At '
COTTON1here being atvces from Liverpool the maset
nominal sales 4y bales as SATURDAY evening"
including IS bales for 3 for consumption Sstnrg
iugDeefmber 100 at 10 lloc Janus $40 at 10 3c 100 at
l9c 10 Jl6c; February, Ss a 70" at 2tc, 4o at 20
Js loo 2Oic March 100 20 9l6c $40 2 April 100 at
l 2}c EIchanged!c d to H. 100 December for Janu.
a total 24'l bale. Today-ntcemhr 40 at 49, 100 a. -
2O b 100 at me 100 at zoe March 100 at Nlc
December for @ February total $50 bales. Grand total
Ii. k.t..
New-York tribune., 1871-12-27


FREGHTS bee dull with limited offerings OF rates
offerings mainly Of Grain aud Provisions In the charter
ing pe little has been done aud rates heavy the
to-day Liverpool by y OD bush Corn 3d. 10 pkss
Provisions tems London, 1000 bush Gram to h al b
sail Coversee 3 and 1900 bbl Oil Cake private
50 Of OIL Cake Ss NJ to Glasgow 10000
The charters North German bark with $500 bbs Ron
Wilmnsto orders United Kingdom Continent
S. Cd and Swedish bark Of 40 register Gbr,lter for orders
Refined Petroleum 2sc and balance
Slaves at Sb0. gold.
PRlTSThe market Foreign dried continues dull WITH pnces
position last noted The sales 900 pigs Laysr
Valencia Rans a We quots lansdoek Almonds
l Tassona si; New Plbes lic for Sev and lie for
0 DO srne. sie sOd for quarter boxes and e for hd0
Ped Limited nd d ''.:a I'D 20 quote % = & 60 60
Feed Quiet hut st.sdv At 81 So
FLAX moderate supply fair demand at l6dse for
North River and is6c for Cusdan spinning Tow good de-
u.ad At dioe State Tow n2iaae Green a! sa'ic
steady We quote Prime at IS d76e, and hIed at +5dac
GRANfn Wheat there nothing Of doing and prices
nomn. for nds the arrivals quite light at the close the
pnes. No. spnos & 4 81 SSSsi ST. IN store, The sale. ar.
II 81 81 for No Milxaukre atoat; 81 for Red Wa,
81 ss6e Sai for Amber do 81 So for Amber Peansyl'sus
settled .sd OaL e Sru hu. quite doll onar. Mined
Blasf dull tb sales % 100 bash New Ohio Mld ~
s4e in White e6aaSc seh Western I.d ete IN
and m the sales % 700 bush State at s
Canadian gsc bond and Is 900 bush Western ae In
bond Corn irregular Nsw 10 plenty and e.ser Old scarce
Unsound ne Western Mixed s 1,d1ae track bdI LOT
New Mixed aioa and rc for Oh ahost Western White 7so,s
Western isloe 81 fSi d1sc for New. ~,
GrNNEs-rbe marie: for both Bags and Cloth remains very dali
ari nominal At ia elsie for the former ausc for the latter
GINSENG good dewand aud s 'ass Of 200 pounds 81
97jc for fair soathrrn ..,
e stock Nearly all the stch trsns from SCUM
AaD ports have been so arrive sas fI he psI vssA nave
New-York tribune., 1871-12-27

changes now for Northcrx Pscf@ here6y Increases No
principal BY IL II oss rcicMs soy Z" No't
ern Paofcs for 900 N Nps Nsssties. Hsalso pems
nextly increases tho yearly istset Income on hs Unrest
ment more than 80 per cent or from 800 IN gold to $SS %
in oold
Northern Pacifcs have Thirty Years to run, are ex
enpt from United States taxation are issued in de-
nominations from 800 to $4,000, and are secured
not only by the road and its earnings, but by
80 OOOOO acres of LAM, worth, at Government valu-
alton S125 100000.
No Bond cOnld be more secure
JAY Cooke & Co.
New-York, Philadelphia, and Washington
New-York tribune., 1871-12-27

~ s:E :ss s, % s..ss: @ p sssss s.. A';
"; .. 9i u Il INV: al =.
hoa.s,'dso e .,ay. - D. ed. N4s Dy IL
C.forn. n n At a1ie esH iso Dry Nst.morn Il b. Il M,
SSh 81, Dry r.npeo a,O,e soh so Dry h.s.mo..s Ev:
10 90 pnvak terms 80 DIT rera, and sostbeu 81 "a
Sae eer,seE 2ss Wei s.hed Te1.. si to 70 at i20sr
Ildes and 200 bales Csesta Bs6o 20 70 81 n On private ns
The receipts Of the -sst have been 6Iow, Bsen.S
tro" So Gr.nd' per Els -, from Rio Gaae per Csdqs p
West Side 2t from Iud iDos per Mnne 3l from Bra,os ss,
Prsnc Wright @ on eoesue ports total az
Hides ard "a bass from Caeu
this date Is s fic.. 700 Dry Buenos Ayes nT3
Dry California 80 Dry Cens 100 Dyv And,
Pensng anso II oo Dry 'nd s,ed ArIican s0o Ssid
TeIs and S"pfhrm total 1910 Hides and l bales tsatiA
az bales Cstaa Buffalo; year n 1 Hde, ,pd
bales Calcutta Cow and Buffalo. We quote: " '
New-York tribune., 1871-12-27
FORTY MILLIONS OF lSG2s CALLED IN.
The Interest 10 Cease in March.

This policy of the Government we have foreshad-
owed to our friends and the pnblc and it behooves
all holders Of $50 Bonds Of 1869 to decide whether 1t
~ not best to make at once such change Of invest
ment as will enable them to realize profit or add
to their capital tho present average premium of ~
To IA per cent on Five.Twentes, while at the same
time largely increasing their annual income.
To those who wish to take advantage of the present
most favorable opportunity for making the ex-
change suggested. we strongly recommend tho FIRST
MORTGAGE 80 GOkD BONDS Of the NORTHERN PACIFIC
RAILROAD. now selling at par and accrued interest
in currency.
The holder Of q $1,000 Fire Trenty Bond wAo sr.
New-York tribune., 1871-12-27

based Cotton quany not than
half q grsde above below the grade quoted
COFFEEhe market continues quiet but holders hrn no sales
reported here but 1000 bags Rio sold per DAVID We
Rio at lGal6c for ordinary carg 10! ot f1I ar 90 "a M
Scott Sons make the 80 5 bags including
$500 bags at Galveston I3o42 bags n o. 700 bags Mobile lc
bags at Batimorr. and 81, ,t49 bags here.
COAL-rere has been steady inquiry for Foreign with moderate Of
frng suue small Of Scotch Gas Camel sold
limited
will be Disposed Of IL clock by H. Draper Anth
selling at S5 5Od 81 Of 1850 NJ Liverpool
|, selling Sl3. and do. House Camel $50
CANDLESThe demand for all kinds has bern only mite and the
market is nominaly steady.
DRUGS AND DyES-Aeohol IL quiet but prices firm
quote at 90 Opium god demand prices have al.
Ianre the closes firm borrs the close asking
Other without change. We
New-York tribune., 1871-12-27
New-York, Philadelphia, and Washington.

The WEST WISCONSIN RAILWAY is completed TO
Hudson and will have trains running to 81 panl ny
the commencement of the coming year. This route
will be the trunk line for the Eastern and Western
business of Northcr Wisconsin and Minnesota as
bring 100 miles shorter than by the present route
The Grain and Lumber business Of the road is very
considerable aud steadily increasing. Yielding suil;
eent return to pay interest agd ~ GIan tba ram
pany is worth more than double the. amount Of the
mortgage. and is held AZ security for the Bonds
which are payable interest, and principal IN gold
bearing seven per cent per annllm. Bonds are 100
sale ut 10 and accrued interest in currency, by
WHITE. MORRIS & CO.. No 18 Wall-st.. and GwYNNE.
JOHNSON Il DAY, No. 10 Wall-st, Agents 1or tue
Company.
New-York tribune., 1871-12-27
The transactions today at the U. 8. subTeasury wer

Gold SS2bE5l 33lCurreney &525 32 20
Solo "04s0 23 Currency balance IL b2 sS II
Gold bslanee... 67St3,JA q Customs. 4,0OD
Currency reeeps. 32I,t6l 3yI
Foreign exchange has been quiet and steady at lO9AQ
1904 for prime bankers 6O-day bills.
The money market fairly active during the early
portion Of the day. though prime borrowers
modaed without difficulty at the legal rate and the stock
brokers at per cent gold and 32 additional some
cases Late the afternoon, however, fresh demand
sprung up and general scramble was made TO obtain
money, when rates were advanced to Of per cent the
late business being chiefly at le to There general
contraction Of loans now going preparatory TO the
January pay ments after which IT ia confidently predicted
that money will be easier. Discounts remain dull at
about per cent the for prime accepances
The government bond market continues strong with
good demand and few Onerings A general advance OF
al per cent wss noted Fisk 4 Hatch report Govern.
New-York tribune., 1871-12-27
And the following for city hank shares:

Railroad bonds firm on small dealings. There are
some moderately large orders yet unified the supply OF
old bonds being very limited. The Pacific mortgages
closed as follows Centrals, 1881; Union Pacific hrsts,
80 q93i Land Grant 1885, and Incomes. s2ias, The
following were the bids
New-York tribune., 1871-12-27

State bonds were exceedingly quiet and at both ses-
sions Of the Boards the business amounting TO only
about >Sooo No sales Of TenDessees or South Caronas
were reported, while the dealings in the rest Of the
st were trinnR Virginia consols, however advanced
to S Missouri esbeng quite steady at ESQ., The follow
ing were the bids:
=. osrsd Aheh Offered Asitd.
ies4. ~ 81 4.S:.: S.".
SbEiss W <A....n q Al v, Ysss>k .,,,,,. ~
New-York tribune., 1871-12-27

The exhibit made by the Receiver OF the tnlonsquare
National Bank is perfect illustration OF the folly OF
attempting conduct bank in great commercial city
like ours upon small capital us s2OO0O suitable
banking room almost of the great thoronghfares
hardly be obtained at less yearly rent than 400"
and il the other expenses in that proportion. the
total would be at least $l2C the interest lat per
cent? Of the entire capital Of two hundred thousand
dollar bank Add to this the losses sure 10 he sustained
by the bad investments OF incompetent managers-and
any is incompetent who supposes success possible
to such an institutionand the result IL certain bank
rptcy in the shortest space Of time Tile Cnionsdlarc
National Bank has been in business only two or three
years. believe, and according TO the Receivers es
mate, has suffered the following losses:
on 9 90
New-York tribune., 1871-12-27
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New-York tribune., 1871-12-27


Expenses and other items adAcd TO this amount leaves
for the stockholders surplus Of s?s3l H. or about 2l
per cent Of the original investment The United states
Trust Company keeps from Sl00OoO0o to &2o,VOO con-
rn,lay loaned call, and We doubt t whole year
their losses this branch Of their immense business
have been great those sustained by this poor little
concern capital Of $2OOoc. II the lesson Is needed
shall hear of no new attempts to start picayuhe
banks within the corporate limits OF our city.
The Fifth National Bank announces quarterly divi-
dend OF 81 per cent, payable on the I'd OF January
The Chatham National Bank has declared diyidend
OF per cent. free Of all taxes.
The coupons Of the per cent bonds OF the Central
Pacific Railroad Company due Jan. will be paid 10y
Eugene Kelly d Co.. II Nassaust.
Prominent among the disbursements announced for
Jan are those of the Central Pacific Railroad and its
branches in California; the California and Oregon. and
san joaquin Valley Roads. whose hrst mortgage bonds
Icnts at this season OF the year. Mcssrs Fisk Hatch.
the financial agents pay the coupons ON presentation Oh
or after Jan. 2 proximo.
New-York tribune., 1871-12-27
Danrins 4taosmirs.
DE GARMo" DANCING ACADEMY,
e7PIPTHAvR CORNER FOURTEENTH ST ~
NRW CLASSES COk6TANrLf FORhiNu
PARTICULARS IN CIRCULAR
THE MONEY MARKET.

SALES AT TIE STOCK ExCHANGE-FIRsT CALL'
l0t O'Clock A. NJ
,nlr, ot for,r~n Bonh. 1901,
I mo T. f. s, ,sa, Con 100 5000 U. s. S. 1c+o Cor..l1l
10 100 L. q. $50 Cou n. ..llH .x....
- Bohds-bonH mn
New-York tribune., 1871-12-27
DY THE AUTHOR OF "ALICE's ADVEN-
TpRBs IN WONDERLAND"

<
TuRBs IN WONDERLAND"
Ju, publshed:
THROUGH THE LOOKING-GLASS
WHAT ALICE SAW THERE.
BY LEWIS CARROLL
l?po. ] volume Cloth, e.
LEE e SHEPARD,
PUBLISHERS BOSTON
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IT is THE
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THE LAST WEEK! 1O5 NASSAU-ST.
L wea selling This week
GIFT ROCKS FOR CHILDREN.
GIFT BOOKS FOR GROWN EOLkS,
GIFT BOOKS FOR
SCHOOL PRESENTS,
"ir '''>' THE HOLIDAYS,
AT HALF PRICE.
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1O5 SAsSAr-ST cor. of Auus,
THE SECOND EDITION
TAINE'S I\GLISII LITERATURE
now ready.
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'rIIE best CHRISTMAS BOOK for Il CHILD,
TIE CTILD'S BIBLE.
F1 ot beau s large pcture% Handsomely bound ,l"'h silt ~;
hanou'r I"0o! n oe morocco Sl' handsomely hoGpd ID Ces'
'''1' ,CASsELL, PETER GALpIS Puhlisher
80 Broadway. NeNYork
HISTORY of the GREAT FIRES IN CHI
i CAGO and the WEST hy Rev r. j. GooDsPBED D. u of Chr
complete History Of these Over 600 8vO
pages 50 Engraving price. 50 50; outfit 4l 100O already SOLD
Profits to Agents wanted H. s. GO0DSPRED Co II
Paow n y W Goodreei Cbcago st. Louis or Cincinnati
'NHE INJURIOUS Influences of SCHOOLS.
By DR. RUDOLPH vIRCHOW the most learned physician Of
Germany Every parer teacher and school oeer should read this
Miller HAYNES Co. Al West Twenty ,i1th.st yew.Yoi
Vital FORCE, HOW WASTED AND HOW
PREsBRvBD; ABusRs OF THx ssxrAL PuScTIons rHnR
EYFKCT MEANS ~ CrKE. By MILLER
| HAYNES L Co.. IL West Twenty Ihs.. NewYoL.
New-York tribune., 1871-12-27
N. y Wholesale PRICES OF COUNTRY rhoD0Nn'
FoK the WEEK ENDING DEC. %. lS'l

f.SuSrnf
Send n, good article. The hss .id I ooi secure, eiss-
fn,ou ard Men MAKES where dirty psensSe VI 49,
.,rsnco .l. Pst securely the noeon WI nov sos W.
lent, to change about U peuty clos av ns o.,.rss
.s. Ms Sn vItb pasa stencil Plate 70 oestseo noe oIeS
. ~, a. Hi stns The AMOUNT a,o The eee w,n: 70
hsh ho, 10 onsn foSs which for turfe BENG ssseI
zane time stating What the rose ene H ~ ms, sf n.@s.
should also be neiosed bo Tor sus sos 20, ID
for yourseh fepau'oH W. sA" w." ~
ape marx 10 in u.h, 4, s,peete
1.t. . .~ q, All, dsrsg the holidays - nent osnne@
for The pr,ep, .sek The receipts are o n.e m"sao "A "
.. iist bbla b.sas OF 81 Sbls les than ~,
63 bbla Arrival 81 pfss -,
sspmspt Of last week ll6 b6la with oo oa'n rss
SS.n," .r. ,. .Sss. bb bean, ia to-day ..d s
.. ., -Is Isa .s.n. s: 't%s's .e give. 's o ss
o. poa At o. VI haous 4 bei soh * na
ss soi. :. 81 There .ss :s' +. Z. as' ssSs go me- N
Sss s..s. 'ss sl ssn: Bean. x.. ss..s, ss's
pedo r good 1ss sss Do DO Con 70 "a slsi III: y
pG DO S.... .'. Ss @ Ia b.. Gr.a....:... 100 'n
NO. NO. Ksiaey ..... 100 :, Da southern 3 sys x,,
Receipts for the .eeh II se6 gLg or 'esi es az eiss VIA
quiet HOLIDAY trade usa.l there Tsn 0enss Ms SS5ie ne
ter Fine 20 od readily prime welsh naf - w.s..
trade mostly State butter comAfan.sv p - m "A
srrivine Prime Ohio roll, :e ,r.ay q :tasH o,s
sss dsnss tns % 63i stsn SsMoy p.lls ussa Al
state DANES f.r to good rs sss sHe pail, aa''' 'es'0i IS
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