Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1871-10-07

ment bonds for Railroad securities:
BANKING HOUSE OF JAY Cooke x Co., |
Philadelphia, September, 1871.
The signal success of the New Five per |
Cent. Government Loan foreshadows the |
early funding of the entire Public Debt at |
per cent. or a less rate, and indicates that |
the average rate of interest on loanable CAPT |
tai in this country will not henceforward be
much above per cent, the tendency being |
to an equalization of rates between America |
and Europe.
In view of these facts, the present holders
of the United States Five-Twenties must de- |
eide whether it is not best to make at once |
such change of Investment as will enable |
them to realize as profit, or add to their CAPT |
tai, the present average premium OF "A per |
cent. on FiveTwenties, while at the same
time largely increasing their annual income.
Holders Of Five-Twentics of the issues of
1862 which, under the recent announcement |
of the Secretary of the Treasury, Will be
paid off in December next, have special and
immediate reason to consider the question
of conversion, unless they wish to receive
com for their Five Twentics, or exchange
them at par for bonds of the new issue, bear
ing an average rate If ~ per cent.
TO all holders of United States securities
who wish to take advantage of the present
most favorable opportunity for making the
suggested change of investment we strongly
recommend Northern Pacific Seven Thlrties
principal and interest payable in gold now
selling at par in currency. The results al
ready accomplished in the construction and
equipment of nearly Three Hundred Miles
of road and the rapid development of the
adjacent country, have established the per
maneucy and success of the Northern Pacific
enterprise, and created n large and rapidly
increasing d mand for the First Mortgage
Bonds of the Company. with their hlgh
-, t.rtt hair
convertabilty into the Lands of the Com
pany at 10 per cent premium, they constl-
tute most desirable Investment, and can
hardly fail to advance considerably above
par at an early day.
The holder of 81 900 Five-Twenty bond
who exchanges it nor for Northern Pacltics,
thereby increases his principal by Ia per
cent, receiving 81 lao in Northern Paciics
for 81 900 in FveTwentles He also per
mancntly increased the yearly interest in
come ON his investment more than 3S per
cent, or from $4,000 in gold to 1922 in gold.
Funds invested in Five-TweLties at their
present premium, yield st per cent. interest
in gold or go in currency. Northern
Pacific Seven Thirties yield 7 $40 per cent.
in gold or st in currency.
These most unusual opportunities Tor the
profitable conversion of Government Bonds
into Corporate Securities of undoubted re-
liability cannot, in the nature OF the case,
long continue The increased abundance of
loanable capital both at home and abroad;
the almost certain rise in value OF all desr
able railroad mortgages. the early funding
OF the residue of the National Debt at lower
rates, the rapid absorption of Northern Pa
cifc SevenThirtics and the probable early
substitution of SIX per cent bond for the
remainder of the Northern Pacific loan,
promise very soon to change the entire
aspect of the loan market, which is Just
now so peculiarly favorable to investors.
This state of things suggests prompt ac'io"
on the part of those who wish to exchange
securities in time to profit by the present
high premium on FiveTwenties.
JAY COOKE & Co.,
Philadelphia, New York and Washington.
The LITTLE CoRroRAL has never been
more attractive than it is for the month of
October. 1t contains numerous finely exc
ruted engravings, and its reading matter
cannot fail to please all classes, young and
old. Parents desiring to place good and
wholesome reading matter into the hands of
their children should subscribe at once for
this popular juvenile, and secure the three
extra numbers to all new subscribers for 1872
who send their names before November LIST.
$3.50 year. Published by John f. Miller,
Chicago, III. Publishers desiring to club
with THE LITTLE CORPORAL, or put the mag
aZlIt On tiltIl lISb, Will plcdSt Wiltc
for terms.
CURIOUS Discovery the curl
osities of recent scientific discovery
may be instanced that made by NJ.
Bertsch, and turned to practical ac-
count bv NJ. Kuhlmann, the celebrated
chemist NJ Bertsch has found that
EPSON salts, or sulphate of magnesia.
dissolved in beer, together with u small
quantity of dextrine, or artificial gum,
applied to a pane of glass with brush,
will, on crystalizing, produce the idcn-
teal designs formed ON glass by frost in
cold weather, with this improvement,
that the liquid may receive any cocr
whatever at the option of the operator
Nj. kuhlmann, however, conceived the
idea of going a step further, and trans
terring those fairy-like creations to
stutfs and paper. For this purpose he
first got the crystalizations on sheets of
iron, on which he afterwards laid one of
lead. By means of a powerful hydraulic
press the minutest details of the figures
in question were duly imprinted on the
soft metal, and a copy of them in relief
was then obtained by galvanoplastics
But IN the impression of cotton stufs, |
the pattern must be continuous, where |
as in Nj. Kuhlmann's plates the lines
at one end would fail to coincide with |
those at the other, causing disagreeable |
in the printed designs. |
70 overcome this, he ingeniously effect
ed the crystalization of the cylindrical
surface of a roller. A slight rotary mo
tlon impaired to it prevents the liquid |
from accumulating at any particular
point before it has evaporated.
The idea of a universal medicine is at
last realized in DE. WALKERS VINEGAR Rrr-
TIERS. This concentrated essence of the finest
herbs and roots in the Western
eradicates all diseases which
nave not undermined the sources orv tality,
md in chronic Indigestion, nervous head
che, congestion of the liver, rheumatism,
cont, general debility, and innumerable I'll.
crous and scabious disorders, it is a specific
bsolute and infalible
WAISTS made of linen. with plcats.
ike gcntlemep's shirts, are coming into
ashton. They are worn as taste die
ates, either with studs on the center
Heat or with plain buttons.
The store of John V. Farwell a. Co.
hicago, has six stories 70 feet by 1854 feet.
nd basement 70 feet by 2O9 feet, making
I all 3l3 square rods-neary two acres-of
DOR room, all devoted to the Wholesale Dry
Gods trade. 1t contains more room than 9
occupied by the wholesale department of
ny other dry goods house west of New York.
INDOOR dresses are made up much
lainer than last season. Overs irts AFRO