davidaulloa/AmericanStories huggingface dataset:
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02

THE extraordinary increase OF business.
caused by the unprecedented low prices at
which we sell, our GROCERIES,. has com.
PEELED Us to increase our stock and engage
additional salesmen to wait ON our custom.
ers. Among the many articles ,shich zoe are
1oto sacr1acing toiH 6efound:
DRY 6ALTED CLEAR RIB BACON at 10
oentslper pound.
SMOKED CLEAR RIB BACON at II cents
per pound.
OOREED BEEF at retail. 1914 cents per
TREBLE GILT EDGE BUTTER, best in
market. At 40 cents per pound. -
eYHUP. pei. gallon. .s5 cents and upwarde.
BLACK TEA, so cents per pound and. up-
GREEN TEA, so cents per pound and M.
wards. "Ne'o and choice" 81 per pound.
We need moi. .enum crate the many select
goods whiahwebffer. Suffice it to say. that
In every department. our stock is complete.
and we assure our patrons that Ill our Gro
ceries are hrst olass, and. that we will not
impose on their credulity by Offering rejected
meats or uendue cofhni6d,ties. Nuf sea.
Oct 81 JOHN AGNEW & SON.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02

The Smitli.J Johnson correspondence
is sill progressing in Georgia. GOV.
Smith has written !, his last letter. An
effort is being made to arrange the mat
Ter. ''F"f alti v +,
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
PREPARING FOR THE RACES
BuckWheat

Fresh Parched Coffee.
ERESH PARCHED COFFEE, in hcrmeti
Il cally sealed packages, retaining he
aroma and all other properties Of fresh
parched coffee, consisting OF:
RIO, JAVA. LAGUAYIiA,
PEABERRY and MOCHA COFFEES
OF the best quality. and for sale lo,o, al the
cahh storo Of JOHN AGNEW x SON
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
Notice to Farmers /,

Nconsequenco OF the stripgency in money,
Il all indebted to US for SUPPLIES fur
nished the present and previous years, are
informed that Cotton win be received in pay.
ment at the highest market rates. or shippe d
to responsible parties for their account.
Sept27 HOPE Il GYLEB.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
THE PUBLIC HAVE

nt iate been made aware that Segars can
~ be made at home Us well, yes, even bet
ter than those INIT tion brands brought out
IRON no North bythc innocent dealer, which
are sold to them for genuine articles. and a
they cannot always judge by the sample
shown them. but must rely on the honesty Of
the '"nn'Jncturer. ther. fore the propriet or
OF the CALlFonSIA SEdAR STORE say & the pub.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
Family Supplies
Family Flour.

GA[3A 100 BBLS. hxtra Family FLOUR.
MkHHS 100 barre oils low priced, but sound,
AEns@ For sale bv HOPE 0YIRS
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
Special Not1ces
OBSTACLES TO MARRIAGE

OBSTACLES TO MARRIAGE.
Happy Relief for Young hIen from the
effects OF errors and abuees in early life.
Manhood restored. Impediments to Mar.
rlage moved. Now method of treatment.
New and remarkable remedies. Books and
Circulars sent free, in scaled envelopes. Ad.
dress HOWARD ASSOCIATION, No. . South
Ninth street, Philadelphia, Pam institu-
ton having high reputation for honorable
conduct and professional skill. Oct % 3mo
TIE MEADOW, WHEN the ecytho las laid
Its yerdant drapery still and low,
AND shoW'rs of passing clouds, late shed,
Have mingled with the SUMS bright glow:
SENDS forth perfume on the air,
winch ILLS ono with a sweet delight:
But WOODS tino D'OnsAY, rich aud rare.
Excels it as the day the night.
Another supply on hand at
Oct - FISHERS Dug Store.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02
BEEN PROTECTED BY

HIM in establishing a Mandatory of fine
havana Segars i'll this city. And we assure
our patrons that We import none bit the
j"tst Hacan0 Tobacco i'll the market Also
DO we say to0ur friends that We have brou eht
out some of the best workmen from New
York, who, We arc sure, will not let any New
lork or Baltimore segar beat those made
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02

Paints, Oils and Window Glass.
DURE ATLANTIC WHITE LEAD. Pure
4 Crystal Palace Lead. Harrisons Pure
Green, 4arseiUes Green, Chrome dresn'
Chrome Yellow, Prussian Blue, English and
American Vermillion, Ultramarine Blue.
Dmbers, Biennae, Indian Red, Vandyke
Brown, Drop Black, Red Lead. Spanish
Brown. Venetian Red, Drop and Lampblaak l
Patent Dryer, Yellow Ochre. Rose PinK,
h0ttsn and Pumioe Stone. Whiting and Paris
Pa;nt %a;ite Saaoh Black fire'Proof Paint Brick
Linseed OH. Boiled and Raw, Spirits Turpen., Il ,
tine, Window dlass, assorted size, Glazfers'
Paints, Paint and Yarnish Brushes. sash
Tools. eWhite,wash Brushes. French Zinc.
For sale totq Iv JOHN AGNEW 4 SON.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-11-02

CLOTHING! DRY GOODS
GENTS. FItNIsHING GOODS,
LOOK OUT FOR BARGAINS,
THHE undersigned, equal to tho wants OF
Il his friends and the public in general,
formerly. occupied by John @. Dial, with n
large and well-selected stock Of DRY GOODS.
CLOTHING. and GENTS FURNISHING
GOODS, which he offers at prices that defy
ompetltion. respectfully soliciting share
OF the patronage hitherto extended to him.
he promises full satisfa ction 10 ali that ia.
Vor nm a. with Gall. 81. GOODMAN.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

HOTEL Arrivals. Msroh IL, 1s73.-
Wheeler Rouse-J " Trenholm, Uhatlhs-.
ton; J 81 Runkle, D O; J; L Clarke. Nd
HLypman, Pa; DrA IL Dayega, Miss J
A Dsvega. Chester; G M Drafts end
wife. Richland; G F Pierce, Ga; J P
Lesesne, Charleston; 3 G Yoonm, Ohes-
ter; @ Lark. Laureps; Mrs Eastman, N
Y; @ P Townssnd, Bennettsville; T c
Andrews, Orapgeb6rg: Il @ Northrop.
city; FIJI Mulford, Mrs N Sonthwick,,
Mics e II Southwick, Miss @ A Suitzer.
NiR;W a Bradley, Charleston; J, Black,
Nd; CIV Williams, N G;sKi Strauss. Pa.
: Coihnfbiu Hotel-M w iBoulrase aud:
son, Winnsboro;W,S 8 Floyd, 4 J Mao
Donald, E Packham, Baitimore;, Ct
Tolhu. J 8 Browning, 3 e Brown, Mrs
Aston and six children; Miss North, DR.
Lebby,J ) E Lebby and wife. J p Lessene,
Charleston; D G6ldbersy. Statewide; A
Games. New. York; r. E MoIver, H D.
Gilbert, J D Gardner, Wilmington; j r
Hawkins. st Louis; Jas F. .Agnew, Don
aldsville; L Hard. Chicago; E G Mathey,
US A; q s johnson, oity; w J Cross4
we'll; 8 O. H. .s - u M .,,,-,a ::
Hsadriv Rouse-J Lawhofn, E "A
Kennedy, ID W,Perry, ,Ridgeway; W P
Turner. Baltimore; Miss Jennie Cheat
ham, Willie Cheatharn, K Durst, Edge
field.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

naf!1af9A41HAI af1s9 a1A fo s.g19jlE SQA4pAIA
aIhs New York spsess says thai; ;thazsjs
sprojeoa on Esse stnoua soaae 7fnost, sshf.
ne6t capitalists % establish . johens 'of
immigration ID tha STATS Of South Caro-
Gns. the msih purpose Of which il 10 in.
crease the cotton prediction, OF the
Stste. There are TO- be: nd unworthy
persons admitted into the sanks fItbis
large army. but It viii include only weH.
to-do workmen and their families, We
need them; let them come.
sUPRE4x DopEr Dso1s1oss, March ii,
1878, ,-E, n. Kirkpatrick, %. Atkineou.
Appeal dismissed. Opinion by Willard,
A. J. t. ,.r..:. ,.-..-.'
M. NJ. kirkland. sdmini.tra o.. 4.
e. Coreton. executor. Appeal dismissed.
Opinion By Willard, A. +. j.
Aston %. Alston. Motion dismissed.
Opinion by Moses, @. ].
TH UNITED STATES CouRr-
roN. March 13.-Tn the1 matter Of the
petition of Daniel Miller & 90. and e.
q. 1ahray 4 Co., for the involuntary
bankruptcy Of StulI. Webb 4 Co, ;hsaS-
Ing postponed until tho Goth inst4nt.
Petition Of tho Right Rev. IRnAtius
Persico for citixehship was fled. and tha
usual papers issusd, granting tho prayer.
Petition OF ,Burrelf Sand en-: Tor order
to ascertain il any OF his funds arc in
the heads OF Aessrs Colccckc q Co. Vas
referred TO Registtar Carpenter. 4 :; iocii
:. Petitions Of EIlfs o. 0fSsn, oIP Sumter;
and -Lsvandera G. Pite, Of Sumter; for
voluntary bankruptcy, were referred to
Registrar Seabrook. &!a.-a; SO. ..Jir,i
Petition OF VIM. Oi nReames, fSf Ola.
reudon, for final discharge in ban kript-
oy, was referred TO Registrar 6eabrpok,
aud ansi hearing ordered on the 10th Of
April 49,. D. yra.,i.!r ~ 3lt,.-
Petition OF NJ. J. Calnap, of Colom-
bia. for final discharge; in bankruptcy,
wos granted, and the order signed. j,
Petition OF Isaac Bradley, Of Sumter,
for hnal discharge in bankruptcy, was
referred to Registrar Seabrook, aud fnai
hearing ordered on the 10th of April.
Petition o. Geo. D. Bryan, Esq, to
sell personalproperty OF J. Fl. Bsggett
& Co., bankrupts, was granted, and sale
ordered to take place, at Bennettsville,
6rst Monday In April. Hs,-G&l o.
Petition of r. Long for homestead
privileges. and similarone from Chas.
Barksdals. we're referred to Registrar
Seabrook to report rr~c,
John A. tMckae, z assignee -'of w. L.
Leggett, waB ordered to- make titles to
one hundred. and fifty acres of land in
Marlboro to F. Lsggett. ,.:e lh rs 3-.iTe
Rettion of Wm. L. -Ieggett, of oMsFi-
'boro, for final discharge, was granted:
and the usual papers issued. - - ~ s
Jack Singleton, qolored, was arraigned
before United States Oom missiones iPor.
teous; yesterday, charged with violating
the Internal revenue law, ard was
bound over for trial by the United States
Court.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

The New Hampshire election for Go.
vernon, members of the State Legisla.
ture and Representatives in Congress.
tory. There is probably no popular
have reelected the ensiEe Congressional
delegation @ and have c'l piusslity at the
increased Congressional salary aided in
the Radical overthrow.
Louis Wagner, the murderer OF the
two women at the Isle of Shoals, puts in
an alibi. He claims to have drank two
glasses OF lager beer, which made him
80 drunk that he lay near pump all the
night OF the murder.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

sourHEaN PAouIol IRAmaokD. The
Texas j: and EPaoiac Haalread. OF which
Col. Tom Scott, Of the. Pennsylvania
Oentrrl, isrRrsident. is in progress
simultaneously from both ends OF the
line. The operations are -nndsr the con-
troll hi General Granville n. Dodge.
The distance from Shreveport: La. the
Eastern terminus, to San Diego, Califor-
mia, the Pacific terminus. Is 1,472 miles.
Thess figures will be increased by ssve.
I'll hundred miles by the branches of,the
road, and the distance between San
Diego and San Francisco. a stretch Of
about 100 miles. The magnitude ct the
york Of which Col SCOTT is Presidents
may be measured by these figures.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

SECURITIES AT AUCTION. Mr.. s. G.
Block sold at auction Thursday morning,
in Charleston:
$l5, 900 South Carolina Railroad seven
per cent non-mortgage bonds. at 50
cents.
$4,000 city of Savannah, Ga, seven
per cent. bonds, payable in December,
1883, at SO cents.
$500 city Of Savannah, Ga. seven per
cent bonds, payable in February, 1873,
ut IS cents.
10 shares Atlantic Phosphate stock, at
800 per share. H,
4 shares Union Bank stock, (uew,) at
$40 per share.
64M shares Bank of Charleston stook,
(old,) at Sl9.25 per share.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

A LARGE CATHEDRAL BK1L.-The Sa.
vannah Mans. of Wednesday, says: "In
August, 1871, the steamship General
Barnes brought to this port large bell,
q present to Bishop Persico, OF this dio.
oese, from French priest in Belgium.
It was intended to reserve this bell for
the new cathedral, when built, and it
was, therefore, taken to the yard OF the
Convent of the Sisters of Mercy, where
it has been ever since, properly protected
from tho weather. In consequence OF
the Bishops early departure from the
city, and the fact that it will probably be
two years or more before tho cathedral is
built, it has been decided to put up the
bell on temporary tower, that the
Bishop may have an opportunity of hear
ing its ringing tones before he leaves.
The weight Of the bell is $3.50 pounds.
There are nine sets of raised figures
around it, representing Bible scenes, and
tho entire finish is said to be superior to
that OF any in the country. On the one
side is the inscription: Scent Haromaag
Eqryisten Irqalmazz Kekunk.' On the
reverse is ths following: 'Ezen Harangot
ontote Hilze IgnNz Bee sujhelbybe es vi
modor szerent Febzsz Teste Pozdech
Jozsef Presten.'"
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

HONOR TO WHOM HONOR Is DUE We
take pleasure in doing justice to politi.
cal adversary, who has done honor to
himself, by reproducing the following
from q Northern journal. which we sup
pose is true. 0 81 sic omnia:
LET HIM BE HoNoRED.-Mr. Speaker
Blaine, with his own hand, 80 altered the
compensation bill while it was before the
House Of Representatives as to provide
thnt he should not receive $4,000 per
annum. He inserted the word "here-
after" in it against the protest of Farms
worth, who wished to have good COM
pany, stating that Farnsworth's obiec.
ton was made too late. 1.-The gentle.
man will please observe" added Mr..
Blaine, "that the word insert will affect
nobody but myself"
Speaker Blaine got Lis ten thousand
dollars per annum, after all. The con-
ference committee OF the two Houses
gave it to him ut the latest moment.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15


The PoRT ROYAL RAILRoAD..-We
have been officially informed that the
Port Royal Railroad will be in thorough
order by next Wednesday. the 10Th inst,
and that tho running of passenger and
freight trains on regular schedule be.
tween Augusta and Port Royal, will be
commenced on that day. The schedule
will also be run in connection with the
Charleston and Savannah Railroad, and
we understand that 100 bales Of cotton
are already here for shipment to Savan-
nah via the Port Royal and Charleston
and Savannah Railroads. New cars and
engines will be placed on the road ns
soon as possible, and it will, at an early
day, be in splendid condition both as re-
CARDS rolling stock and track. Tho day
for the grand excursion, referred to by
us day or two ago, has not yet been
fixed, but We understand that it will take
place ere long.-Augusta Constilutionalist.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

Died, on the 9th inst, at his resi-
dence. in Horny County. jackson b.
ker. aged about ninety-two years.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

LIST OF NEW wADvERT1eRM1Ers. r
Joseph Oaen--C Change Of Base.
IF. Jaokson-Hi Hibefnian' Society.
Cypress Shingles. ",-!.''-En -
Hands Wanted.
Prof. Taner-Stammering Cured.
John Agnew & Son-Teas.
Extra Meeting Richland Lodge.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

misses. Isis worthy the ambition OF her
business men to take aR the great enter,
prise ofeasotiDs lhe Sonssotion.Sf DE
South csolina Railioad-- one 81 Ito
oldest railways inyhe world with Knox
vile, Louisville, Ct. Louis, oihoinnssi,
and even Chicago, which we're the gold
en-. and not unsubstantial. visions OF
Hayne. Conner, Frost, King and OAld-
we'll, of those who have ceased from
work. and shared by Trenholm. Gour-
din. and others yet living aud active
amongst US.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

oScn7 AoI 1uHiets pat6nt Sa1eS. InoSe
protectors are manufactured in BaIti.
more, and arc in use in many establish
ments in this city. Messrs. Pope & Has
kell yesterday secured ono for the pre-
servasion OF their papers. .,it
Bob Franksin's chickens were the win
ners in the late main in the Fork.
We received visit last night from
band OF masked men, who went through
all sorts Of queer antics in our Office, and,
to our astonished mind. kicked up the
ID generally. They didn't sneak on
us, but came in with drnm and horn.
Horns on their heads, too. If We had
been ginhouse burner, we would have
thought the ku Kiux was after u.s.: We
hope they went after the Unio, man.
Mr.. Oven Palmer, of the Fart pre-
servatise." is in the city. and paid us a
short visit, yesterday. u
The Library Committee of the Board
of Trade acknowledge the receipt OF 1s
volumes from r. Il. Bryan, Esq. ].
@. Il. Baldwin having resigned the
position OF United States Assessor, Geo.
A. Darling. Esq, has been appointed in,
his stead. Until his commission arrives;
he will perform the duties Of the Office as
Acting Assessor.
A SQu1D. The Union made q misquo-
tation. and then attempts to wriggle out
OF it. But it won't do. It confesses
that much, and with deep, -hpmilia-
tion." Then it stulti1es itself. BY saying
it used the word manor as defined by
Worcester apply to 'the district or
land of a count, baron" 60. That is
"too thin" You have never seen the
quotation. unless credited to Shakespeare.
Why did you quote Il? "Ars, there's
the rub" Refer to the fourth Ascsne 1os
the first act Of Hamlet. Our devil, after
reading the editorial (D of the Union,
and noting its giaring contradictions,
credited it with confession of its error,
and then exclaimed. "Oh, monstrous,
but half-penny worth OF bread with
this intolerable deal of sack Shak-
speare again. t3c
x1ANA.-Eothing is impossible;
there are ways which lead to everything;
and il we had sufficient will. we should
always have sufficient means.
Some people ought to know them
selves-they never think about anything
else.
A Philadelphia paper advertises
"-'s patent lever cork drawers" We
have seen flannel drawers and buckskin
drawers, but cork drawers, and patent
lever OF that, never.
Toper apostrophe-"With all thy
faults love thee, Sill.
A good makeshift-the sewing ma
chine.
New York, like another celebrated
place, is paved chiefly with good inten-
tions.
A young fortune-hunter surprised bis
friends by announcing that he was going
into agriculture and should commence
his husbandry by removing weeds-some
rich and lovely widows weeds.
SENSIBLE. see by an exchange
that Norris, small town in Illinois, Of
fers to give thirty thousand dollars to any
builders OF cotton mill with one hua-
dred thousand dollars capital invested.
You may ''bet your bottom dollar" that
the authorities of that town are wide
awake. They foresee the advantages
which will accrue to the place by esta-
blishing cotton factory there, and think
it the part Of wisdom to offer material
encouragement to the enterprise. How
about Columbia and other Southern
oities2
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

Speaking OF the refusal OF Gov. Dix,
OF New York, and Gov. Beveridge, Of
Illinois, to pardon prisoners under sch.
tence OF death, tho Chicago Tribune
says: "If the Governors of the several
States will refuse to interfere with the
verdiots OF the juries, murders will in
time be less fashionable"
DEATH.-We learn that Mr.. Jacob
Werts, Sr., living near Deadfall, died
last Tuesday night, aged about fifty
yeais He was we'll known over the
County as a clook and watch repairer
and good mechanic. He was a quiet,
good citizen. He leaves wifo and nine
children. .-Progrcssire Age.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

l,st Ave years, the debt Of tho company
have been 81, 600. 900 moro
,f6SH1t 10 nov. V.FWhAtyBoutqEshe shares
30 anph case b4wort9 Z si
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15


,THB SoUTH CAROLINA 2RA1nRo1D AT
TIE END OF THE WAR-From the oircu=
lar letter of the Directors. We take the
following rn1q 1ty5t
After the Termination of the war, the
road was restored to, the Directors on the
|, 10th Of June, 1865. AT Columbia, all
shops, depots and buildiDge of every de-
seription, su' The valuable tools and
other appliances of large first class
workshop. were entirely destroyed, to-
gether with large and valuable stock of
supplies 80. : i,ti'i :. ~
On the Columbia branch of the road,
the entire line above Orangeburg, and
on the Hamburg division, all above the
Edisto River, was completely destroyed.
All the wooden. structures, CROSS -tiee,
,culverts, station houses and water tanks
were destroyed. Tim rails were burnt,
twisted and bent iutosshapes baf1liug ali
efforts ut restoration. OF the passenger
and freight cars, t4F7; only wers in pos
session; l36 werepn sthe Charlotte Road,
entirely cut off BY the destruction Of the
Columbia branch. ~
These losses, namely, in property in
tho road, in negroes aud j. oars, loco
motives and machinery. amounted to
81 1929. .1l464
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

i The sesol::;oa Q: eeaaaF5 5siii7smsins
upon the records Of the Massachusetts
Lsgislature against Charles Sumner,
while ;Ames is to receive public dinner
in Boston. with ,laudation from orator
and poet. Mr.. Sumner during public
service OF thirty years, has never had an
imputation cast upon his integrity; yet,
in his old age and standing by his grave.
he receives cusses for hia resolution to
bury some of Their trophies of a bloody
war; while the Satyr receives praises.
What adark commentary this is upon
life and ite vanities, and what must be
the standard Of honor in Massao aohuaettsI
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

The daily edition Of the Raleigh Era
has suspended. The Era has been a
"red.hosh Radical organ. -Its fate is a
warning to all other newspapers against
pursuing o. bitter, yindictive course in
politics. The violent, aggressive, un-
charitable styls of journalism fods no
favor with the public nowadays. ,Pleo-
pia;turn With loathias from a:paper that
cones from the press blood-shot with
rage and reeking with.venom. t.
The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-15

Reports anu l6aOluLlOuS attOpLcQ III the
several annual conventions from 1866 to
1879. both inclusive. It has been said
in another place that the jnorease of in
debtedness since 1866 is 81, ,3l6, 900 .O5;
but it is not to be inferred that the COM
pany Is that much worse off now than 1t
was then. From the total debt Of the
company has always been deducted the
assets in hand in the form Of stocks,
bonds, &C., 80 as to exhibit the balance
of indebtedness. This balance, on the
1st Of January, 1867, was So. 459. 500. 40;
but there was subsequently added, as
part of the debt then existing, $3.50, 900
premium on large amount OF the ster-
ling debt, for which settlementin in United
States currency was demanded and had
to be made, $280,OOO.
Correct balnnce Of indebtedness 1st
January, 1867, So, 739, ,590.49. Balance
OF Indebtedness 1st January, 1872, after
deductipg bonds, stocks, &c., in hand,
as above described, $3, $50, ,579.34. Your
property is now entirely restored, and in
more efficient condition than at any time
in the whole period of it's history; your
matured and pressing debts have been,
to large extent, arranged for and
funded in new issues of bonds at long
rates.
Your business has largely augmented.
and the promise of the future is moro
encouraging than at any time. The
acquisition of the Greenville Railroad
has exceeded in it's results our most San.
guine expectations.
The income of that road for 1872 was
$500, 900; the operating expenses, $780,
600. And now that the litigation in
which it was involved is at an eni, we
look confidently to most profitable re-
turn from this investment.
The question OF dividends, as far as
the past is concerned, seems to be plain
and simple. Had it been financially
possible to have declared and paid even
four per cent. per annum during the