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New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, September 13, 1866, Morning, Image 2

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"rr·ffar~ i~iy Cr~ itcstenL
o~pN 1tIAL .1OUAL1AL
-oi-a Jnnl
TU 8'HTA.TE OF LOUISIANA.
'' "ice D. u srL; CFLEeCENi
` b pLblt ad evry motatg-flne~ya eaoept54. Yeuip
}M tnerfa rdvrsP .6; ault yi.d~, $8; QOurtrly, $i;
* teu or AdvertlIago
9 0oooO Imootha. Smowths. mostbo. 12 omontb..
si... 17n $8 at. $ 30 et. $51 ne. S 75 nt.
50 "" " ý..
it s i tt
0 .f" 1 .
-17 " 488 .. .I
.¶~dKa .tba.dq to be
00VAteitumleba tw . r Gt
, ., d 1*05th ~.motmt adve.,Utmaoa to to-K
ýd#o*Arewatbit: ata"tioo bre
` ' roultvanWubooatoh othe r, of the ir, lrd
,..`rii ~ boe tootesd 1bmtpl 7to. reatoge aoto e
" :Pi51iWeeea/t 5r a' atpeeflamed ra lupeUt ram o may be
P+'s*ied.3 ObM In noocan shall Iochdtscoteo.s
IcAtj~besp teU. of ydemeents tobs cbtgedlttenti
saes tieemer~intast be potdfor o oadeoe.
;`+it Lobobe sredered montbty.
f'. u" ols tb empieeocpleoby toon liv sold agate.
T tUB91AY I1OBTN1G, BEPTEbIIiER 12, 1866.
...m55oOSuaX 51116OttII, SlTEOIBER 12, 1866.
eetaslg or f.tesa E'atnee and Other.
.. J ytereted Ix the Cotten Trade.
NoEW 0O5LAr S, September 11, 1866.
;, e meeting was organised, on motion of Mr.
" 'r W s£tli , by the election of the following
' i ident-': jellowet: vice presidents-3f.
James Hewitt, J. P. Harrison; secretary,
, Wi resideanttapted to the meeting that, at an
. lnaetn hleld several days ago, a com
Sbesrppc nte to eixe thn e iterndl
Pen id; `th rdgkatioit recenelyt"oonued
flteen yepanent under thiat law, for
`'.hd= e 'ai collection of the 'tax of three
_ c...ao l d cotton, and to address a me
6 oabl theitboretary of the tress
eolyaggesting such modifications of
ua s the exigeneles of the cotton
a dtor*ufre.
T e .ctnins ng of Mesars. John
'* . P neiard, A. H. May, S. B. Buckner,
J4s egtlibWt ogent, C. Fellowesand Alph.
aer,'d greed upon amemorial, which,
'Ia made, would be reported to
""'memorial of the cotton factors
of new Orleans to the Hon. Hugh
tlli% secretaty of the* treasury of the
e,'5 w sn"adcordingly read to the
b f.t aeer.nnlittee, byGen. S. .B.
n eetery of the T1eashy.'Waeo.
r meohants of New Or
na conaerningthe weighing
Sotton, the meamesoaaan t an -
. rte ta andhe remnosiof ctton under
Ie ter Ea 2~~o. :.E. from the
ofene of intrnol. revenue.
oaesea on Lthe: lanter and -the er
K, ,.the opinion of your memorisal
oaroitetts interests of
a &ret et f respectfullycsg
lot. Te ner hese a regulations as
Srr ominon. toae.to relieve-the planter
a embnrresment at'
#he eseefthe oeornent,.an
e iesio euarmotnywiten ot speirtf e
S Sffere-oenoprewimposint a toa
, dobtless, to collect the amount
t-eotatesmallest cost to
l neshelloresttime possiole eld
expane, incs.veiece oand 'annoy. I
h ho poayethdtax.. Ifn all thes
Scold be.moved att
o ,' points where it is
ad for sal-,wth a certainty that the I
edto pld,oonartvel at the point
6 ulde the mst.dealrsaMe reest for s
fnt. The nearest approach to such a I
gu tbharefobe ,oought. The, present
o elsal atedtn our optiou, to interpose
, syaeis snd ou btrations in the j
faeomplis~s g 0 edeosrab end.
e 4aos~t .ofweightng wit be greater: to the o
heasonntry, thau at the pointnefsate,
miut.gtther 'lault .lis ,eoton, at: a heavysex, t
, .dopon't desegnated for weighing, or he
S e pfh tashes osortohrs plao- I
tie coss oftwelehiog.
r r me . iwig 5 cotton he must await the
- ilnno e t ~ lst re of the assessor,
f sinje shl ' thu lose'the opportu
o t ieg' bin oath. Onimany of the tribu
bf te'malt r o til"'seaso of navigation
ntinnesot a shi m, and the opportunity of
x iew es~t o d ioislt r nstror a year.
e aces or bieglt-of an assessor might thus
ropely t anootice distrtet. It is the in:
y ise to pleei daodb haled. In
bi _ceaLton mash of his crop as
pr,N'easw er.I nder thetpros
¾11 may be cu atlled to await until
ebi of his entire crop,thuse incur
e etioby, y fire-or he moust
.t._e? .pe..e ePind jour
A ft4 pel thaltteven ,where
r5 t,..n dinp a lresrpecto
'~ e. sumerous calls
ou the
5a> ,to d t aneistrllts, they
It wllk" le imprarti'able for
g' assessors as to defeat the
n.utla'.w. Cotton which might
8'ah In. the, markeo t is, we a.o, s
ow' kw.atl.gat anrious points, and in ah
oespittlon;.thb leaesoceo ooeevenientc of
Iffioiles thus interposed In the way of
e their duty,wilt be a strong temp.ttion
t en.tto certify to constructive
01ovefemme tihe Imprasctihilities
e br I avoid, difllo'l .and en
itu nsy theus lead o xten
, sveaP njarlous alike to
p0t 'e doolgsnted for weighing
i nc iso iant .n so inaccessible to
of tle'ptlanters, that the coot of toting
n 80 ,Ct lilate appointed would be
oveyg it .to New Orleans, or
p l ili. dame of these poitse esom
m o' e seleted without any reference to
eefen tof f'e planter, and some of themn
e 'prtflOlltlalolceoaslbe at some periods of the
,,toe points where ,cotton is
Ppe t pie rs have not been deeig
Athe naval lab streams the majority of
Savabpp polats.ontheirow places,
f ovhlento thelr plantations. It is an
esrylle ardshIp requlre them, at' great
p from-another point speclally desig
a w cotton, when te government
. -I e g npo imposing ,
of the plnters must depend
o tton tip enable thOem to
hylst, therefore, either sacri- I
lling to those who wish to
a of oesnites, or they must
Soyse of the tax before the i
Ub p Itsd to leave the district.
Sai lelies esrdbip, when the cotton
i s feat ty.
7 - ers have received ad.
rvm eneohsals on'the pledge of shipping I
Stl merchant who advances. The I
Ste band, by placing the cotton n-. I
tdt fotreasnry officers, on it arrival
,foit,. eres witb this' arrangement be
a r ed ieantsd-the planter. It enables I
o tead:iti,. such bonded warehouse t
ejgpa.leistore transferring it to the
tend-thsi . accumulate unnecessary h
fe aeremiat and the planter. t
b t tram-nly seriously interfere s
.a .argg o cargoes by -steamers. A n
vessel arriving after customl house otelie h?~ourt ,
Saturny cennot'el;nin tihe right. under eNxitilt:g
regulations, to discharge cotton ronm another dw.
c'ict until office hours tho following Meonhly.
This will seriously interfere with the interet- ofi
navigation, and must enhance the price of I eights
to compensate for the costs of deteatiou to \es
. ses.
11. Though existing regulations authorize the
collector to receive the tax on construocive deli.
very of the cotton on the levee, and then to re
r linquaish it to the merchant, it imposes no obliga
.; tion on him to do so, but leaves it optional with
him to retain it as long as may suit his conve
nienee, thus accumulating unnecessary chalrge
for the custody of cntton. This might matnterially
interfere with advantageous sales and result it
serious loss both to the planter and the merchant.
12. New Orleans, Mobile, Memphis, Savannah.
Galveston, Charleston, Wilmington, Apalachicola,
tand several other ports, are the chief points iu
the cotton district for the reception and sale of
cotton. The planter who producescotton in the
district within which either of these points is situ
ated, is authorized to ship his cotton without
weighing, bonding or paying his tax, and in such
proportion as he may choose, to the point of sale
within his district. But a planter who may be
only fifty yard beyond the line of this district
inntfirst ave hi cotton weighed, marked and
bonded, or else most pay his tax, before he is
permittedto moveit. Thelaw is thus made to bear
upon him with unnecessary and unequal severity,
be and he is deprived of the advantages which would
result from an early shipment and sale of his
n,, crop.
13. The government would have as good seen
t rity for collecting the tax onthe unassessed cotton
i brought to the point of sale from places fly yards,
or fifty miles, or five hundred miles beyond the
a- limitsof the district, asit would have for collect
eog the tax on the nasessosed cotton shipped from
withi e limits of the district. The same regu
lations which secure the payment of the tax on the
d last named class of cotton will also secure it on
Sthe first, and if prescribed will avoid the complica.
tiona of different systems. The weighing, and
marking and bonding in the country is therefore
Snnnecesfsar to the collector of the revenue; and
the restrictions imposed by the present system are
consequently needlessly oppressive.
S 14. The inconveniences of this system will be
perceived, by supposing a tax imposed upon grain
= in the grain growing districts of the Northl, nas it
now is upon cotton in the cotton growing regions
of the south: and by the further hypothesis that
each one of those States should be subdivided into
nuimerous collection districts, beyond which the
farmer could notship his grain untilit was weighed
and bonded. Every obstacle interposed to delay
the grain on its way to the final market in fNew
r. York, would be a positive injury to the farmer and
a detriment to the government, and every enlarge
' ment ofthe districts, by giving greater freedom to
the movement of the gramn, would be a positive
. advantaoe to alls parties; until, by making tihe en
tire grain growing region a single collection dis
trict for the tax on grain, the crop wouldd be free
to seek its proper market without restriction, and
Sthe grain in the hands of the merchants would be
- under proper'regulatson, the best security for the
collection of the tax. The same rule is eqoally
d applicable to the sctual tax on cotton, or on
sugar, or other staples.
S.1. Thereotrictionsatpresent imposedtomoving
the cottdno, ; addition to the heavy tax assessed
i- unpon it, will tend seriously to discourage funrther
prodoction of that staple, and will thus act inju
riously upon the enltire financial condition of the
country. Iftbohe planter cannot ship his crop to
market without being compelled to sacrifice a
large part of It to the rigors imposed by onerous
tregulatioms, he.willnntnurally turn his attention to
a differeat system of agriculture.
In consideration of thie above mentioned, and of
many other incoveniences of the present system.
Your memorialists would beg leave to suggest
I such modifications of the existing regulations as
will secure an object which is desirable to all the
parties interested: To the government, to the
planter and to the merchant.
Having reference to the cotton tax only, zre,
thee efore,reomatndthdlhtall the coltton growing
Saites be arranged into a single cottlon collection
dftfrict for the purpose of collectling the tal on
cotton.
The authority for such a change of organiza
tion exists in section 7 of the act to provide inter
nal revenue,.etc., approved June 30,1804. (See
Boutwell's edition Internal Revenue Laws, page
4.) The act alluded to, in connection with that to
which it refers, authorizes the President " to alter
nthe respective ooteotion districts, * * *
as' the public interests may require,"
wilthout limiting the number of States
whihl: mayy be included in one district.
The tsx, on cotton being an exceptional
one, the arrangement of districts with reference
teoits collection, progerly calls for such a change
oft brgan.atl.onas will not add, unnecessarily, to
a taswhich .is onerous, without the-addition of
edless busten, which will orender it rnteous to
the great interests lerolyed; and the arrangement
0f' dlstricts In roference to the collection of this
exteptional tax, need not involve any change of a
districts which may Ieo mast convenient for the
collection, of other taxes, which are uniform
t.roughout the whoale country. As the tax em
braces but one section of the country, the ur-.o
rangflments of the districts should be made withl
a viewrto relieve the section which bears this ex
coptional burthen of all restrictions, which mayy
bennnecessary to a collection of the revenue.
Ta reach a different conclusion would be to assert i
that it is the duty of the government to oppress b
the.people instead of protecting them from need
les s iW. ositioi5.
mao T1ssoaetions.
We'tink we have advanced many reasons to
show the necessity for making this modification in
the existing organization. By thus enlarging thile
district the cotton will be free to seek a maurket
at any point within the district, without being sueb
jected to the delay, the expense and the various
needless restrictions now imposed. Tile planter
will be enabled to ship his crop as rapidly as he
ca prepare it for the market. The merchaent who
has made advances to aid in the production of the
cotton, can then receive it and obtlain a seturn
forbhisadtane, in this way protecting his credit
and enabling him to furnish further suppleies to
the planter to ealtivato another crop. Tie ýgov
ernment, by entablishing suitable regulations for
receiving the cotton at the points of deliveSry, for
weighing it ihere every facility for that ptispoce
exists, nad for bonding it until sold, or fur receiv.
ing the tax from tile merchant or other holder,
would secure apromnpt payment of the tax; with
less liability to fraud, at a Smaller cost to tile
government, and in a way less expeesive and an
noying to the planter and to the muerchant. This
might readily he done by simply requiring a cues
tom house officer to board every vessel on arrival,
toureeive from the master a copy of the manifest
soufar as itrelates to cotton hiipments, and to
hold the eonsignees responsible for the payment
of the-taX.
As anoa-sdditional senrity, consignees might be
required to report as frequently as may be de
sired, all shipmenta of cotton they may receive.
As a still further security every cotton press, at
the ports'where aotton Is reneived might be con.
cnvertedinto a bonded warehouse, with such roga.
slationseas would insure the full payment of taxes
on all cotton received at each port. These regu
latians shognld be so framed as to permit the mer
chant tostnrehis cotton in any cotton press he
maydetire, because every merchant has an ex
stinag, arrangement nut only with particular
spresses, bhut withinssrance companies to protect
e ottounwhlnh may be stored in particular presses.
I If the chaiee of presses lefelt to the revenue'
officers it would involve constant changes and new
5arrangaments, whieh would seriously interfere
t with business. The bonding of all the presses
would accomplhsh the purposes of tihe govern
.meet, of the merchant and of the planter in thie
f respect.
The modification inthe district orgunizaition sag.
rested.by yotr memorialists would permnit tie
e free Movemont of cotton to the best market. A
tplanter in Akanosas, or Alabauma or Tennessee.
or Misisiasppi, or Texas, might, as hieretofloro,
freely ship heis cotton to jcw Orleans, or Mobilue,
Or Meemphis, or Cairo, or Galveston, or to any
Sother"point in the cotton growing region where
he could fiud the best eearlket, and where lie
could comply wite his engageaeets and pirovide
supplies for lil future wants. It would free lethe
producta of the soil of those restrictions whlich
are akin to the trammels formerly pilaced Uleoe
trade between the numuerous smaller States of
Germany. Each cotton collection district as at
presentorganized is a custones-district cut off from
free commnseication with eveepry.other, by a crui
pleote embargo placed upon the momveamnt of ite
chief product, and hemmed in by an army uf is.
sensors who contribite nothing to increase the
amount of taxes collected, but whlose fees and
salaries diminish the revenues of the country.-
and to whom constant temptations will be extend.
ed by those who speculate on the necessities of
others to defraud both the government and the
planter.
By removing the embargo now existing, the
government will collect the tax at thee point of
sale with greater certainty, in a shorter time and
at-h smaller cost. This would not interfere in any
way with the collection of the tax on such cotton
as might be manufactured in the interior, as ex.
luting regulations provide amply for its collection;
nor wouldl lt possible for any of the cotton to
be shipped from the ports of the cotton region
until the taxes had been paid, or the proper secu
rityforpayment had been given. The collector
of internal revenue and his deputies at the seesset
portscould as easily guard against exports or
shipments to another port or pltace, as the cot
lector of customs can guard against improper
importations. Every interest, therefore, points
ta such a change in the regulations for moving
cotton as will arrange all the Sttates of the cttoa
growing region into a single district. The authority
fsr this, as previously show-n, is found in the laws
to which we have referred.
While this authority, undonbtodly exiss, it msay
be urged by some that notwithstan-iig tle fact
that the cotton States should be oirgaeiizcdt luaue
single district, yet the act of July i,, tOil;, will
not admit of the transoelrtatioa of gttU from any
one "State" to another, unless it shall have been
boled or the tstes neid. llut lto.e ntemorialitts
helisve that just oostructionI' thllt act would
not interpose so injrionus a restriction, which
I would opereate at once against the interests of the
planter and the coverlnment. Such a construction
tof the law wonld tlherefre be to dlefeat tile very
object for which the law was designed. We refer
to thie proviins contained in tile tirst clause of
section tive of the act of July 13, 166. That sec
tion Idecares, " That it shall be unlawful ' for the
persons, etc., therein named, to "transport any
It cotton, the growth of the United States, front any
- t in i tile dilstrict ia ehich it tshnll hare been
rletoduced" until the formalities of weighing,
t ahrking, bonding, etc.. shall have been complied
a with; "or to convey or transport any cotton from
any S,, ite in which cotton is produced, to any
port or plae6 it the United States, without a cer
tificate from the collector of internal revenue of
lite district frote wrhich it teas broughl, etc."
f But if several States are included m a single dis
Strict, each State is but a part of the district. The
law which permits the free movement of cotton
t to any point in the district established for weigh
ing it would therefore permit the cotton to pass
ca State line within the district as well as any other
line, to reach the point of weighing: bhich. in
tthis case, would also be the point of sale. When
I Congress euthorizes the President to establish a
s district composed of any number of States and
r Territories which "the public interests may re
quire," and prescribes that the cotton of that dis
trict may be moved freely to any point within the
lhnisa of that district, it authorizes the movement
without reference to State lines embraced within
the district. To place any other construction upon
its action would be to h eolare that a part of the
district was greater than tice whole, and to reach
the absurd conclusion that whtle cotton was per
mitted to be moved friely swithin the limits of the
7district, such freedom of movement was at the
same time forbidden.
The last clause quoted must therefore be con
a strued in reference to the spiritof the entire law
which is to permit every freedom of movemen"
I within tihe limits of the cotton growing region
compatible with the collection of tile tax. TIhe
prohibition to "transport cotton from any State
Stotchichic clotton is produced to any port or place
in the United States," must then b coustrued in
connection with the rest of the law, and evidently
means, that while cotton may be moved, without
t any restrictions, aonyhere within the limits of an
established cotton iwatrict, writihot referenee to
the State lines embraced within that district, it
cannot be moved from that dish-ict in which the
State is included to "any sort or place in the
Uaited States" nvolt included in the cotton growing
district, until it shall have been weighed, marked
and bonded; or until the taxes shall have been
paid. Any other construction than this would he
to interpret the law in epposition to its plain in
tent and meaning, and would tend tO defeat the oh
jects for which it was framed.
Our view of tile proper construction of the law
is further strengthened by the connection of the
points we have been discussing, with the clause
immnedialaly following. That part of the section
we have already discussed provides, first, for the
fret movement of cotton within the cotton die
trict; secondly, it forbids such movement "from
any Snate tin which cotton is produced, to any
port or place in the United States," such as New
Yo-k or Boston, beyond tile cotton-growing and
collection district. The clause which followe
these forbids, in due order the transportation of
cotton from " any State is which cotton is pro
duced, to any port or place without the United
States," such as Liversool or Havre, until certain
formalities shall have been complied with.
Tour memorialists, therefore, are convinced
that the authority exists to establish a single cot
ton collection district which may embrace every
cotton growing State ;
That the establishing of such a district would be
to permit all the cotton in the possession of the
planters to be shipped without being shackled by
oppressive regulations, to the best and most con
venient markets to be found within the district;
That such an arrangement, by effectuallyremov.
itg the existing embargo, would afford instantane
onsrelief to the planter, aswell as to the commer
cial community, and permit the cotton to come for
w1ank to tlhF ,.1'oi4'
n That it would result greatly to the benefit of the
government, y insuring a more speedy and econ
o- mical collection of the tax, and would greatly
rdiminish the chances of oppressing the planter, of
oe injuring the merchant, and of defrauding the
to revenue.
Your memorialists, therefore, hope that their
r representations which are earnestly made in be
half of so many interests involved, may be care
fully considered, andthat the Honorable Secretary
'oftheTreasury will establish such modified regu
,lations aswill meet their views, and remove the
ci restriction wh!ich existing regnolations impose, rot
e on!y upon the induotry of the crttono producing
section, but upon the commercial interests of the
o whole community.
if New Orlsan, tep. it, 086.
0 On .notion of Mr. R. W. Estlin, the meeting
9 unanimously adopted the " memorial" as the full
f and clear expression of its opinions and wishes,
and tendered its thanks to the committee, and
especially to Gen. S. B. Buckner, for the able
manner in which they had discharged the duty de
volved upon them.
Mr. E. A. Cowen moved that copies of the
"memorial" be left at three designated places to
receive the signatures of such parties as had not
been able to attend the meeting. Carried.
Places designated: Office of the New Orleans
Times, office of the Factors' and Traders' Insu
rance Company, office of the Commercial Insu
rance Company.
On motion of Mr. A. H. May, the president aip
pointed the following cormmittees:
1. A conmmittee to select a delegate to proceed to
Washington to1 lay the "memorial " berore the
honorable the secretary of the treasury.
Committee: Messrs. W. M. Pinckard, R. Nu
gent, F. J. HIerron, A. I. May.
The president and vice presidents of the meet.
iln were, on motion,.added to the comIn;'ttee.
2. A cominittee to collect the funds necessary
to defray the cost of advertising and printing inci
dent to the meeting and the expenses of the dele
gation to Washington.
Committee: Messrs. . J. Noble, M. Gillis,
This. D. Miller, Johna Phelps, Chas. Hardenberg,
Mr. J. J. Noble offered the following resolution:
Iesotted, That the proceedings of this meeting
and the memorial to the honorable the secre
tary of the treasury be published, on Thurs
oday mornirng, 13tb instant, in the Daily CEs.
CENT, Daily Picayune, Daily Times, aly.y tere,
and on Saturday morning, 1ath instant, in the
New Orleans Price Current, and that two thou
Ssand copies of the same be published in pamphlet
form, for ditriOutolen by the committee on tihe
collection of funds.
Mr. J. B. Gribble moved on amendment, that
a the publication be made also in the Weekly CnES
coNT, Weekly Picayune and Weekly Times.
The resolution, as amended, was adopted.
Mr. W. Cooper moved that the secretary be
r instructed to present a copy of the "memorial"
t to the New Orleans Chamber of Commerce.
Carried.
On motion of Gen. S. B. Buckner, the meeting
e adjrourned. C. I:FLLooES, President.
r J- 0Pn DENEGRE, Secretary,
The following dared factore and ncerclhans
hrave already signed the memorial to the secretary
e of thetreasrry:
orrtldr,- Terry , Co. .sr, Pro thaers co.
0,hildr-, T0 rl,,, n . . t(e'o J- D. maru & Co.
A. Iimldnr o. Peca or Co. R .0,0 .0 ccurrrl.
i Walks. W e :r. Rl ,khy &t Co,
I'aeknrd l Steerle. A oirrter.eruore Co.
Fiell's,, Frgalon & Decrieeor. tS. D ,lsroi
*'N. i.. 0unoe. enara, Adlrr a t.
Sl'aynerc. Iiti-ton So Co. ma. 0. rreorne . Bros.
e Iraaley. ilaos , Co. 0e0, - ar, sy 5 &hra Co.
t 'rhorublll c n. ch rrlson. Jof L. .caKCos
LTeiTrry Co. Duvd (lwith.
00 aO, Crol]rrris, WC j'opec.
T I v "rr d J M, llen a Co. W, J. rir.o 'o.
J1. AlliS, .. sr o,,., ll" n,,, D Co.
t Vterar uC to. t Stewat Bro.
d. It, P,,wel. T. & S. |{elld lrsou.
aI J.',e ichie r Co. C r A Jrce ,. Co.
l'gun f r'atton. F.t J t a i, r.r
Si eto ,,oriMaya. A. If Ch ntir.
e tl'aker M "nt;t. Chambit s t* Lattiug.
fll, ) w Co. C. N. \VV 'li
,t "1!O &Th o'm oll. 1'lauchew 5 {alta.
J. '. }i Dis- h C,, ti.J r .. Onelnacl,
F.ooellowoeurgrOo Pen 0 Jro t
m, Felloweso J J; R. .n nor-on.
rkO. Siweetn , i. CBunell.
Pe I trkins, , eneo¢ ,t Cu. ]T1w tt, Nort.n A Co.
Fo'Fer Co. Olieerp Jrckson.
aBlle r Towre. otle & ,l CIcraoewf
SJ . I.nbdby. Wa1r:en, Crawfo:d & Co.
f . CutBir. aorio A liv r Trpper.
I Bruff, Brothe . r eaver. C. )Morse.
,oO tarsdallc Co.
MoUde.s Genwrod . SOIL Johnl Phelps & Co.
1 Banle r Noblob. 0 R. Ntermaa & Co.
e ,ymor Yarbrough v Co. TI. W. Farley Co.
cooel. B., urolwn. o, W.T. artley.
I. fJr. rrntaa l Co.
Lioiett. Black ot Co,. h eCe, COlmb & Co.
M eycr0 Dentch 50 t\eiN. D. T, Lonadale
E~tlo k Co. R. L Adanl$.
1Iam11tolt & Banks. H1. Kenfhll Carter.
Ca, it Rocrt, . Jpeako S. tuker.
Caegiplell , Strlil. RorO, I BrJ, Smith k Co.
Loglrn Saniat k Claiborno. Coswan , Mayoa
'1. Jr,.ornuue. Ja. . Io elut r o.
J. . Cr, hart. Lerry. Drer & Co.
Sam. I)oroo , :o. Thea . r. Scott & Co.
lower t Garner. .ulkransr , Mclaurln co.
Buoliglly & Eke 0'm. A, L lle.
1la t. i ack f t t',. J o, A. aeWhitO.
t hlprlw J. Ch,1), o , Co. Hlbt. fare.
dl c, & c crck. I2ha.1 U. Johnon.
\Pclye ter k Co, (:IU, C,...
oronotree Oen co. w. c. ok.
R. Fr F' ,err. o aicth Ca rr.
J1 W. nurhrid -0 s CBu. 1y. s, iieeler.
J. 1,. t1iri,,,u'& Sou,. ,10 watt d Co.
Aniue. Day &: Co. ,'tlltrs, Cooper & Elder.
Stewart, 11, Cdo. S& B B. B, uckn, [*resident Com
tagrdO.lI¢ar~aw Co,
_ _jE DICAL.
SCOIENICK'S SEAW-WEED TONIC,
-ANeD-
MANDRAKE PILLS.
The Sea.Weed Tonle II a Stimulant.
AND NONE OTHER IS REQUIRED WHEN IT IS USED.
IT 18 PUKE AND PLEASANT.
NO BAD EFFECTS LIKE WHEN USING BOURBON
WHISKY,
wRATEC S DROPC Y ETS IN, AND rTsE
THE SEA-WEED TONIC PRODUCES
LASTING HESULTS,
THOROUGHLY INTIGORATING THE STOMACH AND
DIGESTIYVE SYSTEM AND ENABLING IT TO
ELIMINATE AND MIAKE INTO HEALTHY
BLOOD THE 'OOD WHICH MAY BE
USED FOR TRAT PURPOSE.
IT IS SO WONDERFUL IN ITS EFFECTS
-THAT
A Wine Glass Full will Digest a Hearty Meal,
AND.A LITTLE OF IT TAKEN BEFORE BREAKFAST
WILL GIVE A
TONE TO THE STOM.CH
WHICH FEW MEDICINES POSSESS THE POWER
OF DOING.
The MANDRAKE PILLS may be taken lwth entire safety
by all ees and couditions, praoducing al the god resalts that
can beaC talned from Clomel or any other Mereurial Med-a
cne, and without any o their llrul or ineC urious results.
They carry out of tie system the feculect a.i rn-out mat
lsee, leooeee and dissolved by my SEAI-WEED TONIC.
Dr. Samuel Gilbert's Preparatlones.
DR. SAMUEL GILBERT. so celebrated as having had, for
the lat twenty-five years, in the treatment of
CHRONIC DISEASES,
the moat lucrative Medical Practice in the South hbs at last
consented to allow several of his most esteemed remedies to bCe
prepared ndeld as proprietary medicines. This relueltion
has been engendered by th repeated soieitations of these w
have exeriened the benefit of Hd remarkable prefesslona
sklR, and by the impossibility of giving especial attention to
each of the writte applicatins made to him for prescription
by those whose pecuniary ci cumCtaCceC, or business habitsb
prelude the possibility o pplying in person to him.
The Public
Mayrest assured that the mannicteidrer spare neither peins
nor expense ;n the preparation of thebe remedies. They ane
made ef eh, eey beet medirines le ene, CIn a highly once.
trted ftorm, epon strictly ienleeifi principles.
Dr. Samuel Gilbert'. General Alterativ
Acts directly upon the Glands and Mcous Membranes-eibem
lating them to additional activity In their natural fnctions of
elinenating from the Circulating Fluids the usual Effete
(ad in disease, eCMorbid) Matters, and expelling them through
the Skin, Kidneys, Liver, and Allmentery Canal frGm the
System. It Is, therefore, adapted for the relief of Chronic
Diseases affecting those orgene, nd of the mucous membrane,
lining them, such as
EBUPTIONS, TETTER, ULCERS, SCROFULA,
JAUNDICE, GOITRE,
CHRONIC INFLAMATION OF
BIMADDER AND UTERUS, ETC.
It ts particularly useful In
,f SUPPRESSED MENSURATION,
HEREDITARY TAINTS, SYPHILIS
SAnd maadies arising from long continued use of Calome
Blue Mass, Corrosive Sublimate, Fower's Solution, Donovan's
SSolnto, and other preparations of Mercury and Arsenio
Dr. Samuel Giebert's Tetter Ointment
SIs a most excellent preparation for the cure of that clas of
maatBea uyully termed
DISEASES OF THE SKIN,
and which are popularly know as
CHRONIC ERUPTIONS, TETTER, PIMPLES,
BLISTER, SCABS, SCABS, SCALD-HEAD, MILK-CRUST,
RINGWORM, ETC., ETC.
It will als ki ITCH and otherloeal vermin which prey upon
the Skin It softens and detachestbe excrementitious matters
ideposited upon the skin; heals the Crocks, Blisters and Pim
plea, andrenders the entaneous surface smooth and pliable. It
has been neused by Dr. GILBERT, with most satisfactory result,
for many years. It is ofered fo, r ale, in this style, from the
firm conviction that it must neeessarily meet with the hearty
tpprobatlon o,,ftht who make use llt it.
Full directions for the method of using these remedies, a
plainandaccurate deseription of a number of the diferent
vadeties of8kin Diseases and many vaiuable auggetions in
regard to their cure, ill.be found printed on circular accom
panying each package. These suggestions are the fruit o
most ample experience acquired by Dr. Samuel Gilbert during
his extraordinary profel-onal careesr in the trarment flit this
class of diseases in the cities ,,f .Iemf,,1., New Orleans and
SNew Yorki and will, it is exspecte, Sent.e moAt unpraessien
personP to treat their own cap,, with mth, h eilater Sue, s than
that w bich euually fall, t the ltt an ordsn phhycim.t,
Dr. Larookah's Sarluparllla Compound,
For the Speedy and Permanent Core of
Ihver Complaint, Scrofula, or Kings' Evil, Dyspepsia, Dropsy
Neuralgla, Epilepsy, Eryslpehts, St. Anthony's Fire,
Pimples, Pustules, Blotches, Burls, Tumors, Salt
Rheum, Ulcers and Sores, Rheumatism,
Pon in the Stomach, Side and
Bowels, General Deblbty,
Uterine Ulceration,
Syphilis
-And
MERCURIL DISEASE,
Aed all Complaints arising from or resulting in
IMPURE BLOOD.
It Is double the strength of any other Sarsaparilla Compound
n the market, and is indorsed by the Medical Faculty as the
BEST AND CHEAPEST BLOOD PURIFIER E TANT.
Read the following commendation from Dr. Abbott, of Bos
ton, widely known as one of the most SuccoSful practitioners
BoS.ot, Dec. 6,18.
DR. E. R. KNIGIITS, MELROSE, IMiASSA( IIUSETTS
SDear Sir-I have sned Dr. Larookah's Sarsaparillh Com
pound in my practice forsevertl years, and after a careful ob
servation of its eft'ets, I do not hit-iite to ay that it is, in
my opinion, the SUREST, SAFEST and CIIEAPEST
REMEDY for SCROFULOUS and SPHIIILITIC DISEASES
that bis ever been made available to the medical profession.
Fraternally yours, S. Y. ABBOTT, M. D.
Price, 81 OO per Bottle.
-Prepiared by
DR. E, R. KNIGHTS, CI1EMIST, MELROSE, MASS,
DR. LAROOIKAHI
India Vegetable Pulmonlc Syrp.
Cares Coughs, Colds, Whooping Cough, Croup, Asthma, Ca
tarrh, Bronchitis, [Pan in the Side, Night Sweats,
HIoarene.s, to which PublicSpeakers and Singers
are liable, Consumption in t. early stages
and all Disease of the Throat
and Lungs.
Indorsed by the highest medical authority, clergymen of
every denomination, authors, editors, professors In our various
colleges and by many of our most eminent public men.
Containing no opium it Is adapted to every age, and may
be used without tear of the dangerous results which follow the
p of many of the Cough Preparations o.which opium and
ecra are the base.
tte trom Hoe G. W. Gloch, Member of Congress from
Msesachuaett. :
DR EK. KNIGHTS-Dear Sir-I have used Dr. Laroo
ah's Syrup In my family for si years, and have found It as
celent remedy for Coughs, Colds, Sore Throat and all Con.
smptiveComplaints, eta 1 have recotmmenddtit to several
den, whohave received great benefit trom its us.
GIVE IT A TRPAL
Price .0 cents nnd Si per Bottle.
DR., a KNIGHTS, Proprietor, Melrtse, Massachusetts
DEMSAS, BARNES & CO,. New York.
BARNES, WARD A CO., NewjOrle.as
1NSURANCE.
LOUIoIANA MLbUTUAL INSU.MLU.A
COMPANY,
Corner of Camp and Gra.ler streets.
TWELFTH ANNUAL STATEME8NT.
In conformity witth e requirements of theircharter, the
Company publish the followaig statement :
Total premiums for the year ending Febrslay 2,
186 ......................... ................. .... 90 f9t 6 M
Vi.--FirePremiums.............................. ,
Marine Preminm................. 16,702 71
River Premiums ................... 380,561 46
Les Return Premums ............... $8 11 0 0 4
Les Unearned Premiums ........0...... 1,680 00
t- 866,48808
Nelt Earned Premims ........................... 861 1
Loesse rAD.
Fire Lomse .... ............... . $M,4 86
Marine Loases.................... 13,66 2
Erver Loses ....................1 111,102
$411,903 58
lhs raneso ..................... 0,89
Geoeral Epenses, Tas, Intoert and
Profit ,dLou..s............. 140,91S15
Net Prots ............................ .. $ ,016 86
The Compaiy hawe the following sete :
Invesied in Real Eate ............................ 57,6586
Invested n Mortages Ral Etate.............. B1,4
Invested in City and other Bonds .................. 101,850 91
Invstedl Bank Stooks .......................... 106,180
Invested In Scl p of Inslance Companies........ 11,484 0
Loaned on Pledges ............................... 18,46) 00
Bills Receivable....................... .. 6,24 51
Premiums n coorse of Coaectlon.................. 167,961 1
C hon had ......................................... 14 21
350,886 ,0
The above statement s a just, true and correcst transript
fr.m the books of the Company.
J. P. o H, Secretry. C E8 BRIGGOI Prsldent.
STATE OF LOUISIANA,
Sworn to and subscribed before me, this 20th day of Mlrch.
18668 EDMOND MEUNIER,
Third Justieo of the Pooe for the Pariah of Orle0an
The Board of Trustes have resolved to declare a ecrlp dliv.
dend of ihirty-fve per cent on the net earned partioipatlng
premiums for the year ending 38th Februoary, 1866, for which
certifcates will be Lssued on and a080, the 8d doy of July
The Scrip Certificates Issned for the year 180 will be re.
deemed, also six per cent. nterest on all outstanding Certsl.
cates of Bcrip will be paid on the secod Monday of May
1866, 0 the holders thereof, or their legal reprseentatlves
CHA.RLES BRIGGS, President
J. P. R , Seretay. A. CAR Via President
Chartls Bridgs, Archlbld Montgomery
Aot. CarOlers, Henry J. Veos,
George A. Foedick, Jae. Jackeon,
Mason Plcher, E. Marques,
R. Brugier, Alfred Dolhonds,
E. Cramer, Charlso Weishoar,
Charles Laftte, A. Lacourt,
John S. Meiol1, Frpan Wlllams,
P. Anderson, Thomas Byrnfp
Alfred Kerny, John Thornhill,
A. R. Montomery, W. A. iolett,
A. Frerichs, D. Pliggle,
A. P. Noblom, Hugh McDonald,
George W. Dounbr, Harlow J. Phelps,
E. F. Stockmeyer, Wo. M. Plnokard,
George W. Hyuton, Henry H. Bryan,
S. L. Woodbdge.
NATIONAL MARINE ND FIRE
INSURANCE COMPANY, OF NEW ORLEANS.
Capital .............. .............8.o , 00.
surplus .............................. 93,55 4 90.
A Sets ................................. 508,555 96.
I5n1re, against FIRE, the Peril of the EA, and INLAND
NAVIGATION.
J. M. Cortensya, A. S. Maseld, C. Esmily
OGe. S. Deniso, Spencer Pield Loui. Schneider,
p O.W. Grin , J.F.H. Grscs. D.C. M3s62 ,
Chas. W. Lewvi, G. W. Coehrane.
J. M. COUSTBNAYT President.
LOUIS BSI4NEIDI. Vice President,
LOUIS C. D'HOM.RGUE, Secroetary.
This Companysolotn. esto allow a discosnt of TWENTY.
FIVE PER CENT. CASH to its CUSTOMERS.
OFFICE:
Corner Camp and Common Streets.
MERVAKANTS' MUTUAL INSBUANCE
COMPANY.
TWELFTH ANNUAL STATEMENT.
In oonformity with the regqirements of their Charte
Company publish the following statement:
Premisum received during the year ending 31st May, 1866, in
cluding unearued psOis 'psof the previous years
On Fire Riks ...............................$ 966,168
On River Risks ..... ............... ... 471.17. 02
On Malrine iiks.......... .............. 317,"52 60
Total Premiums ...................... $1,760l551 '
Less Prsmiums Unacrned on thC 31st SM.,y,
1 ......................... ...... 231.315 00
Returned Prem ms ....................... 35,1629 58
Ne1t Earned Prem'u:ns 31.t lay, 18]0 .... $1.3518,U0 61
Losses puld drsn3 tte yesar:
On Fire bisks .........2.......02,532 16I
On River !str ................ 1269,520 1 0
On Slrm Risks ............... 331,522 3
t Pro....................... ,31 1..................
Net Eane Premiums 1st ay .......151
Le6amountn which 10 or 15 p21r cent h
Add IntsrestleIs Epsy ess.............1.... 2.51027
Net PrFit................................$ :11,52055
Net Earned Premiuss 31st SMsy, 1666...... $1,613,6Bil 61
Lees amount sn which 1lo.r 15 per cst hs .
ben Returned.......................... 527,32 00
Amont Partieipatg nProt .....................$ 99,134 61
The Company have the following Assets:
Cashonhand......... ....................$ 266,45 97
relEtatn .............................. 117.031 20
CityBonds............................... 93,424 56)
sGa Light Sto ............................ 5,09 00
Nots Scunted by Mortgage ................. 66,515 71
Note, Secured by Pledge .................... 4,887 5
Bank S ocks ......................... . 171 ,766l 00
Bills Rceivable ....... .......... . . 119,137 44
Presmium In Course of Collection.......... 119,225 88
Scripof slutual Companies ................. 45,700
Louisiana State Bonds ...................1... I,6 60
Stock Levee Steam Cotton PreFs............ 6,m1 53
Valletto Dry Dock Company ....... ... 4.375 W
Las Unelaimed interest due on $1,61 03 35
Seripts...... .............$ 31,378 06
Interet payable in ,July neat
on l Uutstaudiug Scripts. 51,109 32
$ 85,547 44
Scrip of 135S RedeemaLls in
July Nexl t ............ ..... $1 ,663
Unearned Premsoum, on 31,1
t P s-y, an0 ..u.......hy,166 . ra$237,213 W-$ 582,525 1t
Net Assets ... . ........ ..$1,1li,66 91
STAT'rEU OF IOSSIANA.
Parish of 0,osas, City o, N.ew Orleans.
Be It remembered, that on :Le 65th day of Juan, 1866, before
me, the undersigned, a Justice ofl tile Peace, in and for tile
parish aforesaid, personally ..,me and a,,ppoeared John Pember
ton, President, and Paul F .rehb, Secretary of the Merchants`
Mutual Insurance Company of New Orleans, who being duly
sworn accordingtolaw, did depose and say, that the above
statement Is a just, tre and correct transcript from the books
of the Company.
JOHN PEMBERTON, Preident.
PAUL FOURCHY, Secretary.
Sworn to and subscribed before me l 5$th day ofJune, 16,6.
PAUL W. COLLENS,
Third Justice of the PFoe.
At a meeting of the Board of Directors held on the - day
of June, 1866,it wa,resolved to declare a eSrip Dividend of
Forty Per Cent on the Net Earned Participating Premiums
for theyear ending on the 31st day of May, 166S, for which Cer
tlaca·la will be Issued on and after the first day of Augustngs t
Also to pay on and after the second Monday in July next, the
balance due on Scrip lssuo of 1858, and six per cent. interest i
Common Currency on all-outstandIng brips of the Company.
DIREbCTORS:
Ed. DupasseIr, John Pemberton, David McCoard,
P. Maspero, Pierre Pout, 8.Z. R.lf,
L. F. Genere M. Pulg, J. J. Fernandez,
J. Morgan 16all, Ch4. Sagory.
S M. TODD fi CO. DEALERS IN ARTIST'S
sanvs, Fine Colors and TFols, sold, SIver and Oop11
Leaf, BSron.s
PAINTS.
OILS,
VARNISHES
BRUSHES, Bt
NO. '6 Masaslae street.
One door abovO Foydrl
INS(IIt ANtE.
FF()PI'IC i OF TIi II (NINIE..I.IAL
INSUCIANCE COMPANY OF NEW ORLEANS,
No. 11 Commtcrclal Piluce.
AU i',1 I' 2, 180Ixl
Thin llp.18y i. 1-vItred t~ t..ke FrIEL, MARINE
aIn INI.8N '1'It.\1N8'I'Itt'TA'PhIN RISKS, ,n the most
0. B IIUt'KNER, P'reoide,4.
E. J FRIR OiON, Vice-le hkut.
EIe. o. BsEET, :6ecreelry.
R. K. Walker, Isaac Sch8rc I G.e (Oarnor,
John G. 1 PluhIo L.J. Iteb>.+ r, J. d TarlctoII,
E. 11. Fairchild, E. C. ,, , E. I1 ilZInh
J. i. Ogleshy, Joih D. Adams, R.olrt L. Adam.,
S. I. Wouldridge, BW. V. Adam,, Chs. W. Nowton,
N. T. Thlton, W. Ji. Freron, T. A Lyo ,
W. II. Henwn, E. A. Yorke, S t. Buckner,
D. 1. .Logan, A. .W, B,orth, Edgar Steel.
J. S. o:upes.
NEW INSURANCE AGENCY
L. C. NOI.VELL & CO.,
SG. NORVELL, Memphle-RICIID. POWER, New Orlenl
RepresentingI............31,880,000.
CORNER GRAVIER AND CARONDELET STS.
NEW ORLEANS.
COYrPPSlNG iS r OLLOWIrG WELL KNOWN AND RELIABnLE
MERCANTILE MUTUAL INSURANCE CO.,
No. 115 Wall street, New Y"ork.
ASBETS MAY 1st, 1806.....................81.S O0,000
ORGANIZED APRIL, 1844.
Tie Company hlas pld to its cu8tlners up to the present
time, Loses 'lmoInting to over EIGHTIIEEN MILLIONS OF
DOLLARS. Fur tlo past nine yenll tle Cash Dlvidnd. paod
toutocktohlera maxde ir,> one tlnrd el tile net profits, h,.v,.
amounted in the RagreIGt, to ONE IIPUNDRED AND
TWEN IY-ONE AND A IALF PER CENL',
Inst1ad of iaslng a scrIp ddvidend to dealers, based on the
princi lttl3at el , ch1.Ass t rsk, lary e qlly pruoitabli, [thv
Comp ny will hereafter make such cash batement or di. ount
froy tiecurent rate, when pr 1entlds are pild as the Igeoern
Iexperience el unerwr.itera wll wrant. 1 dd the net Proos
favorable terms., inludlng Risks un Merchandis of .1 kinds
-nd feilght.
Policies is sed maklnR los. payable in Gold or Culrreney, at
the o ie in New Orleans, or In Sterling at the outceof
a88thboe, Brn. a co., In Liverpool.
ELLWOOD WALTER,. President.
CH1A8 NEWOOMB, Vicel'relidenu
C. J. DESPARD, 01eraery.
METROPOLITAN INSURANCE COMPANY
108 and 110 Broadway.
NEW YORK, JANUARY 23d, 8136.
Your attention is respectflly invited to te 8llovlIg astate
meit t tle ope8ation ofl this Company during the pant year,
sod of'its resent condition.
With A Rets excaeeing ONE MILLION SREVEN IIUN
DRED TIIOUSAND IDOLLAR, and twelve years ex8er.
once in the conduct or % General Insurance Bus. her, the C,,m.
pan' olfldently ofler, to the 1 l ,lic Protection against the
perils of OCEAN and INLAND NAVIGOATION andFIRE.
The Board of Directors Ihave this day resolved to pay a divi.
dend of SIX IPER GENT'. on th8 out8au8dig certicates1 of
Profits to tie holders tnereff, or their Je.t1,' repreesetat ives, on
and a8ter theSth nf:Iarch next; also a 4t1vided of FIVE PER
CENT., on the Capital Stock o8 tile C(,8am.ay paya8le in Cash
on demand" alshodivi3dend oi 1SWENTY.FIVE PER CENT.
In Scrip o the net earneda P rert1i imsfth P18,,,Vmin ,f tCe Uom
pany for the year 1865,1 for which o, etlIncates will be hsued o,
and a1ter the 2d day of April next.
JAMES ORIM6ER G8RAHAM, President,
ROBERT YM. . GRAIIHAM. Vice Preslidnt
JAMES LURING G tlRAHAM. J., 24 Ve8PreI'L
H . ,POor1, Secretary.
ELLIOTn ROaln1, Ge1eral Agent.
WASHINGTON INSURANCE COMPANY,
172 Broadway, ear. Malden Lane,
NEW YORK, Feb.. 2.186
CASH CAPITAL....... x ........... 400...... 00
Assets, Feruary 1, 1866.
U. . .and StatBoIda. market value ........... ... $ 2661,71 0
R.,n and IMortgages ................ . 129,245 50
D1mand Lanus.................... 191.666 7
Cho hand and in the hands of Agents.......... 40.14 91
UnpaId Premiums ............................... 8.886 1i
MiC 8ena1 u ..................................... 47 47,98 91
U,,llIItled4Ll1l... . . M1 87
Capital and 8urplu ...........................$..0 0,S
A dividend 8L Si p.ercent. Is this d.ay declared, payable on
demand in Cash, , t8t1cholder888 .
Alo, a8 inter11t dividend of 8i per cent. 8 n outsianding
,1rip, aya1he l1th nMarcll, in Ca1h.
Also, a Scrip dividend of Twenty per cent. on the Earned
premiums of Pll icle8 entitledd to 8 rIlipate In t1 o prof8, o1
fhe Jer ending 3h1stJnuariSIj The Scr,p will he ready
for deivory on and aer 1Mh March p-x.
(iEO. (. NATTERLEE, Pre1lent,
HENRY WESTON, Vice P8c8Ident.
WM. K. L41TROP. Secretary.
W4.. A. SCOTT, . .Astt SiecrE'ary.
We are n o prpared to isue OPEN and SiPECIAL POLI
CIE4 .g,,ih. thi
Perli of Plre, River and Ocean,
Pmm N ew Orleans t forts Ind Plares in tile 1nite, State"
alld vi,"9 rel.. a l,, 21 t , llad from New Odeana to ",,rt or
F'oa .w SNuth A4to.oo1. ir EoWuPop, utin the
MOST FAVTO1h L1,E TERlMS,
and will pay ail Lo.-,. in New Orle:ns. And frm o, r ,lon
e ed OR I Er Ao N 't'ent
Le l. to,..444,,-,,i it a141,40,
i.T Tnru .st ,l n ionf rmn it o wte ra conferee alp.r
feollowig -tranee, of the afans tf tha, ct, nu smake on their
.J%'.ursee Lu petruD'2n e[h'y A%"lty)
uWedreea e rm . 1pect1foly 14
I.. N. It. tVI.1. , ,1 Cn.
No. :14 r.ROs I .LLe STeRIalT, EIllt.NIR GR4.IPR,1
SEVENTEENTIo ANAN . AL STATEME[NT
or 'BZ
CRESCENT MUTUAL INSURANCE COMIPANY.
NEW ORLEANS, MAY1T 4, 1.(
TheTirstees, il. enrity Mi.lth l.e CDhrter, snhmit the
rdloi ng stoatement ol the f1,ll5 of Ale 1se .54s an the4 5
day o ApriI, 1_B6:
FIre Premies .........................$392,134 71
Mar~rine " .......................... l.N81515
River . .........................D3 d p 6, 15
$0,87,10299
Amo mnt of E lrned Preinurs.......... 953,411 4o
Losfse pand ant estimated:
Fire Losses ............................I 24,492 06
Marine Losses ......................... 79,646 5
River Lose r ........................... 249,24 3
Paid discont In lieu oef script.......... 79,762 n 7
I'aid T xes ............................ 35,192 34
Paid rei0s0 urnces .................... 61,207 21
Profit and .oss, Interest, General Ex.
pe3e5e, Stumps, lees Discount, tcw..... 14.16 f0a
-- 073,710 21
NeiProts ........................ .. $257.751
Amount of Premiums to partiEipaten
Scrip Dividend ...................... $494,711 00
The Company have the followiog AOsets:
Note secured by mortgages ...................... $0.. ,45 029
LansS on pledge of stok .......................... 89,99 49
Bill Reeivable ........................... . 51,13 51
ReaB Etote ............................ . 004 930 O
Ivested in Consolidated and City Bonod.......... 70,000 D
Invested inll St1,cks ............................ 99,380 0
Foreign and Domestic Scrip and Scrip Account.... 4253 20
Vallte Dr Doc Company ..... .................. 1,8750 4
Do for prims e of collection............ 103,69 Is
Caho4 ha4 d ...................................... 257,430 5
$442,144 04
The 0mpany will pay Intereso at 6 por cent. In cash on all
its Outstanding Certificates ol Scrip t0 the legl holderos thero
of, on anondaller [0L. o0r Mo~ni4yiu Jnly neot.
Tho Board of frutees have also decloe d o Scrip Dividend of
SIXTY per cent. on t4 e nrned treIll:4 enotitlled to participa.
tion for tb1eyear e0ding Apll 1), l1d4; for which certificates
will bOl isued on an0 d a0ter Ih 0 lt h,landay in A44oust neoxt.
TH A312S A. ADAM4 , Pr0s01.1nt.
S.MUEL !. KENNIEDYT, 1ic4 President.
Hooao v. 04000, Secrioroy,
Trootees i
Tb5o. A. Adams, Samuel IH. Kennedy,
C. T. Buddeeke, J4ame 5. Hanna,
Samuel B. Newman, A. Dfthli,
P. H. Foley, WlI Edwards,
J. Niorwa Jack44, A. G. Ooer,
A. Thomson, A. B. Reding,
0FFICE OF TIEM ATLANTIC INSU11.
rANCh COMPANY OF NEW ORLEEANS, No. 131
Grxvier street. between Camp and St. Charles .freets, Jul'(44
h 4-Tohili C.oompaoyi ow 50prepared to take o IRE
MARINE. RIVER AND INLAND TRANSPORTATION
RISKS, on the meot tltvorabhl terms.
EDWARD RIGNEy President.
W09. P. i.ELLOIIGG, ce Pe0sident.
Hl. P. .ANVIER. Secretary.
CITBZENS' MUITUIAL INMUflANCO CLO.
OFFICE, NO. S CARONDELET BTBEET.
Amount of Premiums for the oyear 1............. $225,611 50
Amooot of Aseto of the Compny ................ 32044 O0 01
The Board of Trnstee. have re.odved to pay six per cent. in
terest on the outstanding certificates of scrip, on and after the
second Monday of oebouary, 1896, and hsaw forthw, declavro
aMcrp dividend of towenty-fiv.e per een
3. Lorber, Jae. A. White,
L H. D'9e2oo F. sMatheo,
or. Miltenberger, J. Lemore,
A. Bidawut, T. A4endano,
J. Lemore, L. Grand,.
Jno. GOucho, A. Verloin Degruy,
Ome, Gaillard.
OMI.B (GAILARD, President
lHr, ..9uu8 , Secretary.
PA'rT:NT'I' LUII3B t D IVEIR.
SL I,K.LA:Y' .... .. . .. UL LEY'S
PATENT LUMBEIR DRIYER,
-sr
SUPERIIEATED SBThAM, WITIIOUT PRESSURE, WILL
SEASON LUMIBER IN FROM TO 4 DAYS.
Important Invenlion for Seasonlug Lumber.
It will sea.on Lumber at an tverage coat of $1 per 1.t) feet
It will season Lumber more thbruughly, and check it les
tlhan any other process.
It Is safer, does the work quicker. cheaper, and better thaI
any other prmte.
Theb expeue ofa Kiln aRid Right is witMn the reash of
.very oneu
It costs es to dry out the water In Lumber, than to haul it
NO NECESSITY FOR USING GREEN LUMBER
The Lumber comes from the steam ready to be worked It .
mediately.
The cott of changtnga common Dry Air Kiln into a Bte5m
Kllu, or of erecting a new Kiln and the price of a Right, are
often saved In a year by this procee
No need of keeping large stooks of lumber on hand. It costs
less to dry It by this process than the Interet on the price while
drying in the air.
Carpenters, Coopern, Cabinet, Carriage, Bash, Door and
BhdtManufhcxturers, Ownert of Plaining MR hines, xaw Mills,
and all who wlsh todry lumber, should be lu poseession of the
Right to thi invention.
A common Dot Air Kiln can be changed into a Steam Kiln
for small expense.
This Proces is now In use In the Car sbope of the Pennyl
rvnis tcorral;g New York Uentral; Atlantic and (;reat Want
ern; hicao and North Western; bChiago, Alton and SL
Louie: Illinoi Centra; Cimcagox Burlington nu.d 1ulcyL
MTchlga Centrl ; Toledoaud WEabanh; Suuduky DaEyton sd
Ciucin iti; and other RL'road Companis. Al, by many of
the mauoiactreurn l Car. UsCrriages, Sakt, Dors an d Blinds,
Agricutrt Imements, et., throughout the Uxited State.
GRA[, FLOUR, MEAL, FRUIT, VI aLETABLES,
TOBAChUi, WOOL, PAPER, BRICK, SALT, T nd other
substauncel are dried by thin prnes,.
A test of ite Dryer llowedbfibre paying or, the Right, by
paying for the drawing. and s cl catieua.
For further iniormaiuon, adre
JOSEPII FRY,
Box 2x_23, I'oaluuce, New Orleans, Le.
From the WoLnhligto Natvy Ytrrd.
iIA.tNl;y,.Oi NAVx YAlRD, Feb. 1I6,196L
To Wm. Kllear, Esq., Contructing Engineer:
Sir-Wb have two ofi Bnlkt.y', Lumher Dryers In operation
in this yard. \Wehave tni lo thorou la test' of the process.
We weighed and gaui haud ut tie loliowing sampies of
lu.mb.r.vis: ivo hltel'ixe blxnks:
Nni. 1. Weighilln 6 Ir., weighed out ib Hbsx ganged in
15N.6 Luclns .,ugeA ,io t t.¾.
No. 9. \ellghed in 67 lbn; wsighed not 57 Is; ganged n
15 3-16 inches, gauged nut t4..
No. . leigyhd in x bt. lb.igbhd ot x7 x s gauged in 15t
inche, g.lged out i 1i3dt
No.. i Wleighed ini it, ,w0igheid out i61 xilb; guged in 15
Icihes, g.lxxed lit1i ...
No. I. \eibghed lnbi l., weighed xxt 52 Il galged . 15R
inclrex, gauged out 1t/.,
No. 6. A\ Kret blick Wannt h~otard weighed In 45 Is out 31
]:d sngugd in 17 1ad ibci,,k out iGX.
No. 7. A black Wb luut bix rd wetighed in 49 s, outI3t
txx gauged i b2.ih inchet, xxt 11,.o
No. 8, Au A.tPlank it i inhs., L0 years in yard, weighed hi
77 Ibs, out 7I; gauged In IS Nlhebe, ant ltn.
No.9. A Pine L 2 3 niee. 4 ye4rs In yard, wesighed
In ,,Nts, ot 91: guged in 15,I Inches, ,otl 15.
No. ix. An olddryboardgxugeitin 1i inches, ganged out
9g lushes,
io IIt Anold dry board, IL inch thick, gauged in 1.%
Icheh, Rau ged.ut 1. Inclhe.
No. 1ý. A green uplank, . inch thick, wsy cut into three
feces, and ire of the pinece taken oot eich day. One piece
15" inchekwide, hnlnk squatter of an inch in 48 hours. Tbhe
piece which remained under dire three and a half day. shrnk
xamore than the oue which was lnthe kiln only b48 hours.
Theb hrintke seem.t to be taken out by lbe uperheatedl
steam before te moisture is Itl gone.
This lumber ws e.sunei in lean than our days and seems u
bright and full of life as thehest air dried Ilmbeor.
R e consider thse aKilus of great adrnntnge to this yard. and
believethexproeesshtobeJust what we have longaneeded. It
wlI asle "ll the trouble about dry lumber. We thlnk the pro
cas.. based upon the right priieiple--se and ecoomlcdl.
J. W g DOWNING, MNter Jxittr.
C. L WILt¢lS Foreman.
Il Al. TevL. ,atie rman.,
I beliees thIstxtexenta .t forth In the abote commnxica
tion to be correctly stated, and the s psriment to have been "
complete success. B . BSuRW, NaRy Agent.
The results of the exparinaent a.&bore repore, aNv yttgeo
tory, and we . believe them, to ibe orrctl stated.
JON. SMITB,
Chleflof Bureau of Navy Yardt and Dock.
W . 5. A BANER,
Engineer-ln-Cbiefs. Navy Tttrdaxnd Dock.
From U. L.. H. Webster,
Manufacturers of Barret., Ellenborg Center, New York.
We hee In ... two of Rulki,,,e Patent Dryer. They are
perfectly satlsfrcwry. We can nave the coat of the Dryers In
iinterest alone each year we use one of them,
From W. 31. Lo.,ogley,
Xanb91(91,, ob Barrel., (llipo.U,, Oh,.
The Dry Kilo bouit under the direction of yon, Agent, for
soefbo lloavs has beenIn cMyonstant, use, a I believe (1
perf rm. its wnrk Will as well as you claim for It. I wouald
shout be soot buy green staves as thula partly se.,nn*1. know.
Lugwe cwitin , f dy., at .mall l poutO., b.,e them o e.J
asrsaned.
From Howae 6e1 Jones,
ubo, Door and Polning 3(111,1129 Beach street, Philadelphi,
We have been ,,tng, Bul kiy', Patent Lomber Dryer for
several month.. We andn it almost Indispensable, as we should
not hive beau able to till oar orders withoutl it for the pant few
months. In our opinion it inthe only ay to thoroughly season
lumber in a eeaxrra~le tme. lnd Ie 0bb1ie the lumbTr so
dried lsn no way inhured by the proes, b
Froum J. HL. 6ehmmrneher,
Piano Mak erM, & ilCoooropboog
Test made by bR kIey' I Patynt Lomber Dryer: Onl plae of
Pine board. 13,S inches ., d. 1b (T iub. thick, weight 6 Ib. (
n i. In, and ga ibdt l2 54l. ITo 6 onoc,, In wig.ht. This
1 tber Tao dried to the yard three year., and one year -. It
oir iln by mo. I re,,mmend th1s process to all mInn'actLrerb,
From Montre .k Campton,
Pbilxdelphla,
Test mode by B'rlkley'th t.nmber Dryer, of !wo pleces of black
Wal It inch L-ld., one 1b1-- waleb about h6,,dy. lbrboo
7.16 torn~ in 10411'. one 19 into" wide, xs h iicoud b
madeI, shin i in wroio . In .,, r ,AFbbh, tb, l i, .olA cL6
takes t o ho gn oug ult of tt~e lumbe~r than any older, and
duet not ,mo're It. -
Tests Made at the Shops or the Pennsylvania
A(0~uatn1 ii 0l road Ccomlltn y, Altoona, Pa.
"i l'bilbm altr brin g tart hours the lumber came from the
kilo Ile lue:l} ,I.....o,"d.
T1he falhowing kb,.,. of himbge .0 erb ted and gauged
e r.'crý in 17:5 I ins': e.. g,`1,:e""d ,ro II11'
A IJ 1, b:,"h p ihbllblub193 Tb ,,tl.ol w h o1 5? tun.;
bbol . : l l . oaird i d it hod : {itr os , T g huhed out
A pJ.ce of oak eIgL." in 193,ls., DTl II Bout 137.^
. :n~xd ii, G'; P.y i 9t6 3 111Ii, l (lid bh G. b7io.
Tb p,9tl bxrl (pool'libo Trrnil weighed lu rl tBo, bo weigdot
fi i'ý Crs, xud was lr MAly i A. tiiL twenty hours. TI e lumtler
The te·t,, sere rrfet"L11' xa~iir lctrwv.
J. Y o. LM t inplrlow ar Dep. tment.
Jb1O, P. L.bIRDb b,,,, Tb Woo W r PowA ( od Machinery.
Thl Obraical operation ob Balkley', Camber Dryer has
Lobilo , br hy`ib,. torr, ~-t fi,,,t tbel (191b1(bh(,ly e oflor.
IAd Mr. L 1,,, , ,,y, i lti-nte lyIi,1f Motive Power and
Carr Departments,
THOMAAS A. SCOTT, Tice President,
From C'. F. Allen,
Superintendent of ,oo1d Work and (tar Shopo Chlicao, Bar.
P lno.T xbud S ( HC (bobl Btii, A bbbj b A,,bay, St V
Lumb lr Dryerteelt has thle qua~lities or tt oI n11kly sax outing
the Imber. algetr taibnlp . "fire", lor ,otb of fl, easily rigdat.
Lauded, u.d will dry the himlor In11 n abort spJ. . e'ie. I le
furthe~r due to Dria prtrceu to sus th~ thle lumber was dried in
bour days using f ir 1-h fuel ler dlay then le had formerly
teed pe~r flaly when thle Inmbter was, dried two to ',or weeks,
tbd no iu(iber ws9 t(ielrthorougly W, loned tnLl any (1
have dried b-l-toter., of that, too,, without any checks,
Fl( omd Wh llllb Johnson,
Fareman New Yorkrl Centrall Railroad Shops, Auburn, N~. Y.
It has beenu a great help to us. I cotelder it the Lest mode of
drying lumbar uuwin nsea.
S. C. ays,
uperintenden I o lt lairIllinois Central Railroad.
The Dryer rv rks Iliro:::' P hv rcntybul
nohrltrco l a ep't of Michiga~in Central Railroad
1'ruum set url rrar experiene with 11, OI. Balkley's and
other ,ot(,,,, of lkllT-drylig LobAm I cut cheerfully crm
bend this as ithe bet Ito.
Front ll0066,P.B6Ith & Co.,
ui r i Bib ldsraA DIbl o a. OhTN
We deem the DruePn* 'goo , weft uhf fn., to soft and hard
]amber, o llI of all Jllnaelriun: thle time Iq aired fordryflg
u;rSrYiag with the~ kind uud thtb ikt(Ur. . We find it liiiippennLblI
lb o9r bbxiboo,.
From Mealn a& Eaton ,
b lar dBuilders, Detroitb l dall b b (O
riome 5bb, bybbb Inhl rl lb II, 1 car tri'ck,, was dried In
throe boy n no~rr than It wousldl i, be,( itibb ud bibn bI yiar
'ld lb'lbl the nWbllbu ,lit. W i.-lrbllll tob(Obrlh teb9ud
find fir o farber duca out shrink., Iml'ile uttor comin, :ruia
the klil.
From 7tsall .L',C Co.,
Cur Boelb l, Obli,, bilmtI_, bi bl(lkl(,lrs, Mo(rs, Hy,,,
Ayii In(mber (('l,,b ibkll. tItillbbl rebilbr townrk. From
tai tr. mli:e eve a e *alrlri a ll1111 file ,h, i ek klgr is taikl.. out of
bbio Ihui, ll beta(,b tile I di,, ib all boolii. haste str r ofth
1rd bbdo blibli :ib, c(:((lbd blt It is the Gant and only wa1
ortlour F,',l . seusumi o , I & C91py,
From \Ylades'llek c Molll,
IlillibI nd 191,nu: POi(,,i Iy, (f ai.bboorblsi' aBlinds, Jhip.
(bb lHbe In bneb(IIobboil(ei((l OO d(( lbkleI'atb.t Dbyerb. It
Pworhh .ti fill~clorily. 15'c t'a' I' d inoh do0, qI III, ,b;yi ant
lobbot , -w l togod by der ta pit i:, thbe liln, ad in one
toy it (66161 k utdllb~l IIOh. l(,l briut b It oaf ink the cInt .
IV, l it, bat cedi nd t kial, ' a11. bB. ,b joA 'i}(e ulbal bt6
1 t of dry B rbil o y in. ph~nk n lei cover two yearn, and it
.hnmir 3-16 of nn itch sxvb] plank,
From SaegeI~r at Casey,
Illinois bState PbOitentl,1y, ,.td O(.iorl.x O~lb, Jobit.
It far exels flabll or bO, (1 o. dryll lbm hier teat Nava yloo
(.0,le our borrvlaI-io rigao d to bbd plcit bod heapneil of
cnuntruettnn. n Il molual M eel rogationi, safety- Jr..
danger by tire, anddilO (Ncily in pb91ln by and drying ibmbba
to the center, auddu on almoxt incredibly- short space frtime.
From C. Ahho an It& Co ,
Mauotaetreart of thle Buckeye Heap,, and Mow~er Canton, O.
Wre havle dried a kilo full nt polplar, ail] at d naot l three
days. Th. lumbesr comas from t Illh, i iln all rawlyi to work. We
are hilly satisfied withl the process.
From E. (((9ll ,
Manyi,0 trer of Ohio1, Reaper lb d b owbr,,b Cyayt o nb Ohio.
Af-fi ring about three any.,~i and coi~ouumlug chap, it
tlbulbIlt -d abd l bait tll ol,,,b ,ob.od the kilt. After
1(11iý the lumber il every possible wayV, bwhabid pronounced
{E Perfectly xeasoned.
From. Thomas Mast & Co.,
Manobacturers of Buckboe Oraio Drills, Portabl.b1de, and
Sugar ,,ills. BBriuggcl Ohio.
Wb hab e wbed tA bp ceps llbbii,1 p two Mndthree years,
dryibg iltobllyto &(N)1= Itob,,((9Sibbto1. 69,6.
victiolltIo lumbd r is full as sbrlon as when dried in the open
etc sail we think st ronger. We hat e frequently dried 2A Inch
W ,o four days. Th, e prolb, d cheaper than unshine.
From son idi, tie'r es 4 Co.,
Manufacturers of _ 'olcultnrul ntplementx, Titme. Ohio.
We cmnrider this meuthod of drying Inmberr a great axviug of
it.. and fueul, hoodooa having the wvork done fo . mothr mote
satisfactory moaner.
From 1L. L. Howaurd,
Mannfactarer of Howard'sBIomproved Rexpers, Mowere and
Self-Rakers, Betlla.Si·r Trlr
The Dry~er bo lolly answrered ylir roc plank atlons. I have
seasoned Xa I feet of 4 Inch green ash plank in n tooe days, wvith
about one cord of salt wood for fuel c heerfully recommend
its sea to all In wont of seasoned lumber.
For further particulate address JOSiEPHI FRY,
Boy W Positufice, enOw Orleas, lt.

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