The Camden journal. [volume] (Camden, S.C.) 1836-1851, April 23, 1850, Image 3
In Germany, at present, there arc 523 theatres
of the first and second order, employing 3398 performers,
612 singers, and 2340 dancers, 5835 musicians,
143 prompters, and 2070 employees.?
Among the actors are one Count, two Barons, and
36 Untitled nobles.
There is no eloquence so powerful as the address
of a holv and consistent life. It charms the accusing.
It puts to silence the ignorance of foolish
men. It constrains all to admire.
The elective franchise in Ireland is about to be
oTtpudpd from 30.000 to 300.000.
Plank roads seem to be fining rapidly in public
favor, and are being built all over the land.?
None of these roads in New York pay less than 20
per cent.
A gpreat improvement has been made in the preparation
of India-rubber, which dispenses with
sulphur, and renders it capable of receiving the
most beautiful colors.
Gas from water is now made from the decomposition
of water by a simple process and at a greatly
reduced cost
A Sign or tub Tim fa?The National Era, (the
Abolition organ at Washington,) ciaims to have
double the weekly circulation of the Union, Intelligencer,
Republic or Globe.
The essence of molasses is the latest term for
New England rum.
- San Francisco, 17th Feh. 18>0.
I ar& in tliis wonder of the world, and it is
e
t-nw? nnAnrrli I lntl.l.
tilts WUllurr. U1 UIC HVI iu ouiv vuvu^i.. A
od here on yesterday, 4 o'clock P. M. Julius
Pringle in Port 24 hours ahead of us, sailed
from Valparaiso same day, January 2d. She
goes up to Sacramento City with her cargo, being
a better market than this; sails on Tuesday
,19th, I go up in her. The Company there will
sell vessel and cargo, break up and all go to the
mines; each on his own book. Albert, Augustas
and myself will probably stick together,
that is as friends for mutual assistance in cases
of-neeessit}*. Albert says that you must bold
your temper, keep quiet, and not get into a
tinny about coming to this country, until voti
' r j A
liave some aavice irom mm, ne uut-s ikh write
now?any8 yon may be arranging your business
in such a way as to Iks able at short warning
to come out here, or remain and go on as
usual there, as he may think best after having
lieen here long enough to advise. They are all
well Neither of us have a scratch of a pen
from home or anywhere else, which you may
judge is no small disappointment The last
steamer from Panama brought no mail?latest
dates from the States here 15th Dec. 49. This
is a great country, I can scarcely believe my
4a oaa wrltof io met liorn nn/1 tlilQ io
VTIU VJ VO) M# OCV WAiUV AO JUO*. liviV) %t.iu .v
not more then a drop in the ocean to what 1
expect. All that I can say is that I am now
prepared to believe all that can be said as to
the, flattering prospect of tin's country, ii the
hands of energetic, industrious, persevering
men. We want 110 chicken-ltearted old grannies
here; those who come here must be ready cooked
and primed for any thing that cornea to hand.
I wrote-the Camden Journal from Valparaiso,
29th Dec, also my family. When you go to
Lancaster call and see rfty family. Tell them
Lemmond isail right.and not to give themselves
any unnecessary .trouble after me, for I am in
- California, and intend to make something this
time, or be found tryiug. I am no brag?nor
have 1 yet seen so radoh, bat I have seen enough
to convince me that I can make money here if
I live and kceD mv health. You must excuse
tliis short, unsatisfactory scroll?all 1 have time
now to say is, that the gold stories in the newspapers
are qot all humbug. Do not expect to
hoar from'us;:ofteni time is precious here, 81
per hoar, that's the talk old fellow. Wo shall
have no time to write only ofSundays, and then
you know we must go to cliurcb, wash our
clothes and bake enough bread to last nil next
week,now how inach is left to write long yarns.
We all have a Ikrge amount of baggage, more
than we can possibly get-to the mines?lmve to
store ithereat $1 per month on the trunk, chests
and boxes $1,50 per month. 1 am perfectly
disgusted with all Companie*, as none, as yet,
have done anything bat fight and quarrel jdtout
their shares until the whole is spent, which does
not takeover? long hero. This, 1 hope, will not
apply td the interest of the Julias Pringle Company,
as they are unanimous forgoing up the
River to Sacramento City, there sell out stock,
lock and barrel and each cot his own Fodder.
The vessel is just the size and rig that is wanted
for this trade, and will sell well.
I 'am positively' ashamed to undertake to
write even the one-tenth part of what I see, for
l am sure yon all would think I was lying. Tell
Caston 1 will write him and ail the rest of my
friends, from the mines, when I have been up
and seen the elephdnt; let him have the benefit
of this letter.
There are at least 300 vessels in port, and
not one out of ten will ever get away; many
nre nsed as store ships. Some few are chftnginff
hands, worth 30 or 40 thonsand dollars,
Belling for 3 or 4 thousand.
I have seen plenty of pieces of gold to-day as
large as my fist-^and it is said that there is a
piece lately found and on the way to this place,
weighing only 9S pounds; there are men of veracity
here tliat have Been it The most per
feet law and order prevail here; they sav tbst
there is no plaee in the world that will compare
with the mining population for peace and good
order. Each man is attending to his own business
instead of his neighbors, and making fortunes
at it My next, I hope, will be from a
rich hole In the digging up to my eyes in gold
dust Farewell for the present
W. J. LEMMONP.
CONSIGNEES PER RATI.ROAD
T. J. Withers; Wallace It D.; A. Stephens &
S.; A. Helms; Z. J. DeHay; J. Worthington; J.
Whitaker; II. Welhaueen; A. 8. Rody; T. J.
Coghlan; S. Reid & C.; A- J. Roddy & C.; M.
W. Dick: R. P. Anderson: D. R. Dnnlnn: J
Dunlap; T. J. DuBose; G. Alden; J. P. Si D. L.
Cloud; H. Sz. C.; E. W. R?; W. E. J hnson, Jr.;
Steele & H.; Phifer & Y.; Finjy& G.. Brein &
A.; J. P. Gilmer; C. J. Flinn; Housi. n C.; W.
A Sample; R. Latta: Young & C.: Steele & H.;
J. H. McGinnis; T. H. Gibbon; M. & It.: F. Lee;
W. J. Waugh; J. S. MoCaddon; J. R. Kain; G.
T-lcCutcheon; J. Robinson; J. Winccli?fc Co.; S.
Emmons: Sorrell & E.; E. M. Boykin; J. M.
Eunter; W. Parroft; Cook, S. & Co.; J. S. Mc3
ea; McDojvall &.C.; A. M. &. R. Kennedy; A.
C. H. & W. Fulenwider ; F. J. Holton; Withers
Sz L. ; Fox Si O.; D. IL ^IcEiyen; Young,' B. &
'R.F. Davidson; T. E. Shannon; I*. Hani-,
j.iond; W. McDowall; F. J'. II. Jones; A. I).
Jones; J. W. Stockton; W. J. Taylor; R. Cherry
; Alden & M.; S. B.; A. E. Allen; W. A. & C.:
D. & Co.; Rowley & B.; Rogers & S.; G. D.
Beckham; E. Myers; J. McEwen; Mead &- R.;
J. M. DeSaussure; J. S. T.; J. S. Thompson ; J.
Chesnut; R. C.Potts; N. Mayblum; N.D. Baxley;
K. TPrrPfi n T T T A Home; Wnrk.
man & B.; D. Parks; J. M. Farrow; R. J. McCreight;
Springs & B.; J. M. Wooiworth; J. S.
Moore & Son; C. Matheson; Harris & C.; II. B.
& L. S.Williams; J. Rigler; J. Davidson.
? m m | uMiTnrwTi?iwii i- - ? ????
" CAMDtN PRICES CURRENT.
B ipginj?. per yd. 18 to Lard, lb 8 to 10
B>ie Rope lb to 12 Lead. lb 6 to 7
Bicon, lb G4 to 7 .Molasses, gall 31 to 40
B itter, lb 12 to IB ' Mnckarel, bbl 8 to 12
Brandy, gnll 28 to 35 j Nails, lb 6 to 8
Bieswax, lb 18 to 22 Onts, sheaf. rw't 50
B^f, lb 4 to fi Pens, bushel 65
Cheese, lb 12 15 PotAtoes, sweet, bit 50
Cotton, . lb 10 to 121 Irish hn 75
Corn, bushel 65 to 70 Bye, bushel 75 to 87
Flour. bbl 6 to 64 Rice. bushel 3 to 4
Fodder. cwt 95 to 100 Sugar, lb 7 to 14
Hides, dry lb 8 to 9 Salt, stick 11
Iron, ll? 5 to 64 shot. bag If
Lime, bbl 2 to 24iTobacco, lb 10 to 75
Leather, sole, lb 18 to2i jWheat, bush 90
7 NOTICE.
A PUBLIC Meeting of Wateree Division, and
lite Grand Division of the Sons of Temperance
of the Slate of South Carolina, will take place
on Thursday evening next, at the Presbyterian
Church, where addresses will be delivered by
members of the Grind Division. The public are
respectfully invited to attend.
* W. M. SHANNON,) Committee
T. J. WARREN, } of
W. E. IIUGIISON, ) Arrangement.
April 23. 32 It
Sons of Temperance of Sontli
Carolina.
THE Joint Committee of Council and citizens
of Charleston, appointed to make arrangements
for the reception in this city, of the remains
o? the late Hon. JOHN CALDWELL CALHOUN,
have invited the Grand and Subordinate
Divwinna nrutpr tliis inri-sftirf ion. tr? nartirinatp in
the ceremonies of that occasion, and the same
liavinjr been accepted by me as the representative
of said order, I do hereby fraternally equest the
members of the Grand D'vision, of all the subordinate
Divisions in this State, and transient brtthrer,
to convene at the Hall of the Sons of Temperance,
No.?, west corner of King and Wentworth
streets, on| Wednesday evening, the 24th instant,
at 8 o'clock, p. m., to tnake the necessary
arrangements to take a place in the procession on
the following morning, in Regalia, in paying a be
coming tribute ?>t respect to the remains ol the
pre-eminent statesman, our illustrious senator, the
venerated an ever-to-be-lionorcd JOHN CALDWELL
CALHOUN.
ALT. MEN DENII ALL, G. W. P.
12o QIX CDa
Kershaw Lodge.Number 9
The Regular Meeting of this I,odge will be held
a' their new Hall on Friday evening next,at
7 o'clock.
By order of the N. O.
IL C. WELLIIAUSEN, Secretary.
CADETS OF TEMPERANCE,
KERSHAW SECTION NUMBER 4.
The regular mePting of this Section will he held
at their Hall on Friday evening next, at 7 o'clock.
By order of the \V. P.
P. VFLLEPIGUR. Sec'y.
Notice.
The Regular Meetings of the Lancaster Division,
No. 30, Sons of Temperance, are held every Saturday
evening, at 8 o'clock. /
J. \V. COOK. R. S.
Ladies, Look at This.
I AA PAIRS ol Ladies Gaiter Boots of cverv
description, of the best Philadelphia and
Eastern manufactures, at very low prices
50 pairs white Kid and Satin Slips
A LSO
Black Slippers and Walking Shoes, of every description
Misses' Gaiter Boots, black and colored, cloth and
leather
Gentlemen's Deportment.
Fine pump and thick Boots. Philadelphia
do do do Bootees, do
do do Congress Gaiters, calf and cloth
do velvet and goat Slipper*
And many other qualities of Boots and Shoes, too
numerous to mention, sewed and pepped.
ITT We are also manufacturing fine Shoes and
Boots to order, and warrant them to give entire
satisfaction. Call and see. at
WORKMAN & BOONE'S.
April 23. 22 tf
Committed,
TOt'ie Jail of I-incaster District, as a runaway,
a bright mulatto buy, who calls himself JOE.
and says he belongs to Henry Walkpr, of Charleston,
A/agar.ine street He is about 5 feet and 5 or
6 inches high, stout built, hair nearly straight, and
has considerable whiskers. The owner will come
forward, Drove property, pay charges, and take
him away. JAMES ADAMS, IS. L. D.
April 18, 1850. 31 lm
T. C. STEVENSON,
MERCHANT TAILOR, COLL Mill A, S. C.
WOULD inform his customers and the public
generally that he has removed his store to
the building one door south of the Furniture Ware
Room of Messrs. Price and Berry, where he will
keep constantly on hand CLOTHS, CASSIMERES,
VESTING.S, ?frc., all of which will be
i sold to punctual customers, on the O^ual time, very
cheap,
TEN PER CENT, deducted for cash payments
i on the d- liverv of the warmer,t.
Jan. 23 6 3in
Fancy Goods.
THE subscriber lias just received, djroctly from
the House of Messrs. Jo.s. floury & Sons, of
Baltimore, a large and select assortment qf
1'ERFI.tIEItY,
among which are, l.ubin's I'oquet de Caroline,
Extrait Jopkey Cliih, Jenny Lind, West End.
Patchouly, Mignionette, Hedvoginii) and Orange
de Portugal. /llso, a beautiful variety of Hair
Brushes; among which are a peculiar and hand|
Rome pattern, railed the "Ladies' Favorite;" Puri
sea; China Inkstands; Port Monies; Bohemian Co|
logne Bottles; Ivory Dressing Coinbs; old brown
Windsor Snap; tri-colored Wash Balls; Gum
Drops: Rock Candy, frc., which he offers for snip
on the most accommodating terrnR for cash pr to
punctual customers, and to which he invites the
attention of the public.
Z. J. DKIIAY
April 26; ZO II
ON aqd after the 13th April, the old plan of re.
turning name day free, will be discontinued,
and persons required to pay full rates both ways.
" ' N. D. BAXLY,. Agent.
April 31 2w
New and Elegant!
EW. BONNKY is now receiving his entire
slock of new and fashionaLle Spring Goods.
As ihcy are well worthy the attention of his friends
and customers, he invites them, with much confidence,
to call and examine them. Among tbem
may be found?
75 new pieces Prints, at 5 to 75c. per yard.
30 pieces printed Mus'ins, at 12? to 50c per yard
15 " French printed Jaconets at 25 to 87c
A ? ??? i ?
kji^dnui gruai viineiy jmnenis ana prices
Plain and fancy silk and worsted Borages, some
very handsome
Plain and fancy Grenadine Siilcs, some mourning
Elegant silk Tissues arid linen lustres
French Earlston and American Ginghams
White and colored Swiss Muslins, for Evening
Dresses
Swiss and cambric trimmings, great variety
Ladies' Gi< ves, of every variety and quality
Mourning and fancy Fans
Fur all or any of the above articles he will be
satisfied with Charleston retail prices.
March 26. 23 tf
Notice*
THE undersigned, having qualified as Executor
of the will of the late James R. McKain, his
ouemesH bh a ivruggist ana flpomecary will ue
continued in the name of the undersigned, as Executor,
under the management of John Worthington,
aided by Dr. Wiley J. McEain, forlhe benefit
of his children ; and the patronage heretofore extended
to him is earnestly solicited to be extended
to the continned business. Mr. Worthington is
authorised to receive money, grant receipts and
make settlements.
All persons having demands against James R.
jl/cKain are requested to give notice to the Execu
:l i i.t ?
tor, as soon as possioie, ana mose inaeotea are earnestly
requested to pay up as soon as possible,
and his friends are specially requested to do so.
JOHN ROSSER, Exr.
Camden, April 5th, 1850. 28
Office S. . Railroad Company,)
Charleston, March 23,1850. \
BY Resolution of the Board of Directors of this
Company, the remaining Instalments yet due
on the stock will be called for as follows, viz:
1850, June 1, per share, - - . - 85
" Aug. 1, " " 5
" Nov. 1, " " 5
1851. Jan. 1. ? M 10
Payments of Installments as above from the
Camden and Columbia Stockholders will be received
at the Bank of Camden, at Camden, and the
Commercial Bank Columbia. And interest at the
rate of 6 per cent, will be allowed on all payments
made in advance of these dates.
VV. II. BARTLESS, Secretary.
April 5 27 U 1
Removal.
T1IOS. BOXNEf.I. <fc CO. have recently removed to
the Stand lately occupied by J. Meyer, one door below
Dr. Temp's Drug Store, where tliev will continue to
keep a well assorted Stock of Groceries and other Goods?
such as Sntrnrs, Coffee, Tea, Salt, Molasses, Mackerel,!
Salmon, Flour. Rice, Underwood's Pickles, Ketchups.
Syrups, preserved fruits, fine gold leaf .S'egars, Iron of all
descriptions, Cast. Oermnn and Blister Steel, Hoes, Bagging
and Hope. Bro., hlea'd and col. domestics, prints,
muslins, ginglmms, crockery. &r., wliicli tliey ofler forsale
on reasonable terms. A share of public patronage is respectfully
solicited.
Camden. 18th April, 1850. 31
WHOSE 8T0RE IS THAT OPPOSITE^
THE POST OFFICE I
IT is 'ELIAS & KOOPMAN'S, who will sell
Fancy Dry Goods, Ready made Clothing, Groceries,
and all sorts of Merchandize cheaper than can
he found elsewhere in this market. We return
our hearty thanks to customers who have so liberally
patronized us, and beg a continuance of their
favors* Our Stock is new and well selected.
ELIAS <f KOOPMAN.
April 10. _ 31
Elastic Doll Blends.
.4 NEIVnnd beautiful article, superior to any
u. V thing of the kind ever before manufactured.
n . i._ it . i i. i... r_ 11: n.
ppini; ciiiMiwincy WIII IMIIUILMK ny i
cd in Oil, when soiled, may be washed with soap
and water, for sale by F. I*. ZEMl\
April 19. 31
Lava Ware.
THE subscriber has received Card llaskets,
I'lntcs, Baskets, Candlesticks, l'itchcrs, &.C.,
made of Lava, all neat and handsome articles.?
Also, China Cups and Saucers, China Colognes,
Glass Baskets, Toy Tumblers, F'itchers and Bacone
I nmnn/ln dlaccno rliiilft Plntt'Of Pnlfl.
na Doll Heads, Tool Chests, Large Porte mutinies,
bar I; gammon boards, dice, miniature knives, China
Puff Boxes, with a large variety of Toys and Fancy
Goods, all for Fale by F. L. ZEMP.
April 10, 31
French Confectionery.
AFRESH supply of elegant Confertionary?
consisting of Jelly Cakes, Cordial Drops,
rl1rvstali7.nl Rinrrs. (jisaniipa Rnnhnns. Rose Al.
moods, I,einon Almonds, Cordial Almonds, Gum
Drops, Raspberry Balls, Ra-pberry Guin Drops,
Mini Drops, Jujube Paste, Rock candy, IJorchound
candy, &c., for sale by F. L. Z12.WP.
April 19. 31
Coml>$ and Hair Brushes.
A SUPERIOR lot of liair Brushes; Combs of
J. V. every description, with various articles for
the Toilet, together with a complete assortment of
Patent Medicines, Thoinsonian Medicines, Drills,
Paints, Oils, Window Glass, Puttv, &c., for sale
by F. L. ZEMP. I
April 19. 31 !
A CARD.
Reynolds A: Reynolds.
I have this Hay associated Wm. 1* Reynolds
with me in the practice or Dentistry.
Mr. Reynolds has been my pupil for fho past
four years, ami I commend him with confidence to
the community,
The business will be conducted as formerly at
my office on Main street, under the above name
and style.
WM. REYNOLDS.
A......t>VI O A tf
Window Glass.
Glass manufactured by the l'atapscn Co.
J., of Baltimore, cannot be excelled by that of
any other. J have just received a large invoice of
the following oizcs: 8x10, 10x12,9x11, 11x13,
12x14, 14x18,18x20,18x24, &c., to which I would
invite the attention of those in want of the article.
Also?Lamps, Chiinnies, plain and cut solar
G|lobcs, Nursing Dottles, IMivsicians pocket Caseand
Vials. Z. J. DeHAY.
April 2. 28 tf
O UPERIOR 0-4 India Matting, Cotton CarpctO
iiig. Oil Floor t'lotl), &c., for sale by
April 19. 31] J3. W. BONflEY.
MUSLIN and Cambric Edgings and Insertings i
just opened bv E- VV. BONNBY. !
April 19- ' 31
| THE AMERICAN
Racing Deposit Bank.
OFFICES 41 WALL-STREET, JAUNCEY COURT,
NEW YORK.
The proprietors beg to announce that they hare opened
Classes for Sweepstakes, upon the system which has obtained
so large a share of the public support in England
and elsewhere, bv which an opportunity is extended to all
classes of obtaining (according to the means or inclination
of eac!; an interest in the great sporting events in all parts
of the world where racing is practised.
As will he seen by the subjoined particulars, the subscribers
to the scheme now proposed by the American Racing
Deposit Rank, MAY, BY THE SMALL OUTLAY OF $1,
gain asnm of $10,000!!! the security of his investment
neing sirengtnenea oy uie guarantee of nnquestionaoie
Trustee*.
An opportunity will be afforded of speculating in all
mces of importance in America and elsewhere, in which
a sufficient time intervenes between the entry of the horses
and the day of running to enable the proprietors to fill the
various classes.
The Sweepstakes now open consist of five Classes for
tire Git GAT DERBY RACE, Epsom, England, to be
run on the 29th day of May, 1850, under the superintendence
of the Stewards of the English Jeckey Club.
SCHEME.
ST ? ^ Is i 3
5 5 S l? l||
i 3 3 ? s
Sub. Dols. Dols. Dols. Dels. Dole- Dols.
Class A, 4,000 50 100,000 50,000"25,000 15,000 10,000
" B, 8,000 25 100,000 50,000 25,000 15,000 10,000
" C, 20,000 10 100,000 50,000 25.000 15,000 10,000
"SJD, 20,(XX) 5 50,000 25,000 12,500 7.500 5,000
" E, 20,000 1 10,000 5,000 2,500 1,500 1,000
Tho number of horses entered is upwards of 200.
The drawing of this Sweepestakes will take place publicly,
on the 28 day of May, 1850, the day on which the
race will be run?the place and hour being first duly announced
by advertisement; when the nameR of all the horses
entered will be allotted amongst the subscribers in each
class, and on the 30th day of June next, by which time the
result of the race will be known, the Prizes will be distributed;
the holder of the name of the winning horee in Class
"A.,' receiving a prize of
ONE HUNDRED THOUSAND DOLLARS !!!
That of the second $50,000, &c., in accordance with the
above 'Scheme.
At this drawing all the subscribers will be admitted on
producing their numbers. To gentlemen of the Press free
admission will be given; thus affording every security to
subscribers and the public.
Independently of the above, the proprietor* liaye opened
Betting Lists, by which any desired bet (according to the
state of thd odds) may he obtained, in all the groat racing
events, and as will be seen by a more detailed prospectus
forwarded to all subscribers, the holder of any favorite
horse in the above sweepstakes, may insure the gain of a
considerable sum, whether that horse wins or not.
A commission of 10 per cent, to cover expenses will be
deducted on payment of all prizes.
Any further information required, will b? afforded by th
Secretary. Mr. Archibald Mackenzie, at the offices above;
to whom all applications for Agencies and other communications
are to he addressed, post paid, and all remittances,
either by bill or note to l>e made in return for which numbered
certificates will be forwarded as directed.
Lists of horses entered for the above and all other Races
of importance may he seen at the offices.
New York, Apnl 3, 1850. 30??w8t.
Tf) TTIF. STDfK'HfiT.nFRS ftP TUP CTkTTTlJ
CAROLINA RAILROAD COMPANY,
At the last meeting of the Board of Directors,
held 011 the 20th instant, the following resolutions
were adopted:
" Resolved, That the exigencies of the Company
require that the remaining instalments up011
the existing shares shall lie called in.
" Resolved, That the same Committee be au'
thorized to arrange the details, and advertise the
calls, accompanied with an address to theStockholders
explanatory of the advantages of the
measure."
In obedience to these resolutions, we beg
1^: A- 1 IA A- . . . . -
ieuve iu buuniii 10 you a snori statement 01 uie
coudition of your affairs; and we hope it will
have the effect of convincing you that the calling
in of the remaining instalments is a measure
which, though demanded, it is true, by our necessities,
is supported equally by the soundest
considerations of policy ; and we are the more
anxious to convince you of this, because we
earnestly desire a united and spirited co-operation
on your part in the measure, as essential to
impart efficiency to the administration of our
uffuirs, and sustain, by the confidence it will
imply in the enterprise, the market value of
your shares.
The able report of your own Committee, submitted
through their Chairman, Mr. Ravenel, at
the last Annual Convention, renders it unnecessary
for us to go into any details. It was
there shown that the aggregate debts of the
company amounted on uie 3ist ot December,
18-19, to $3,515,507
Wo held certain securities, &c. of the nmount of 232,030
Wliich reducesjihe nctual balance of indebtedness
to $3,283,477
The improvements actually in progress and in
contemplation, will require a further outlay
of (as per 31r. Kavettel s Report) 63G.OOO
Forming an aggregate indebtedness, nctual nnd
proximate, of $3,919,774
Of this stun there will be paid out of the proceeds
of the iron sold to the Greenville Company
21fi,000
i-eaving finally a debt, permanent and floating,
of $3,703,477
This is tlio difficulty with . tiiclt we have to
contend. The Hoard caused an elaborate report
to he prepared and submitted to them by
this Committee; and though predetermined
against calling in the instalments, after a careful
consideration of that report, and patient in
vestigation and discussion of the subject in all
its bearings, their judgment became entirely
convinced that it was a measure imperatively
demanded bv the emergency, and strongly sustained
by wisdom and prudence. We will endeavor
to show you what the operation will be
upon your present condition and future prospee
Ls.
Wo'havo nliown v?u that yonrageirgnteileht <* $3,703,477
innr present capital consists of 38,810 Shares,
ill $75 2.910,750
$0,011,227
Of tlic above ileht we find nlxnit 2,733,227
To be of a pernmm-nt character, or such ns
may lx? kept in existence without eml(arrassment
to the Company. The remainder, vise: 970,250
3,703,17?
Wo propnsa to pnv by calling in the remaining
& ?-, tut, til., t* MIO no
Yoitr capital' will then cuiipimI of 88,810 Miarr*
nt $100 83.881,0(10
And your permanent debt will be about 2,770,000
In round nutnbeix, $0,000,000
W|th these certain dtita liofaro us, anil with
the* experience of the past to sustain us, fortified
l?y the views of your own Committee, we have
made the following calculations respecting thn
future dividends.
We estimate the average gross income at $1,000,000
The current expenses nt 45 per cent $150,000
The reserved fund for wenr and lenr of
iron and machinery at 15 per cent. 150,000 600,000
heaving for the nett annual earnings $400,(XX)
I? pay > per cent, dividend and interest on $6,600,000
will require 396,000
Hy this measure, then, we shall he enabled
to pay all pressing demands against the Company
; fix definitely the extent of the debt to be
funded, and eventually discharged, by a new issue
of stock ; complete all the improvements in
*
progress, and- bring the capabilities of the Boact
into full and efficient action; enter upon the
payment of regular and certain dividends, and.
give the shares an appreciable and permanent,
valoe. Relying upon the soundness of these
conclusions, the Board have instructed us, in announcing
the call of the instalments, to apprise*,
you also of the confident expectation they en-tertain
that in July next they will commence,
and continue regularly, as they believe, the pay-ment
of semi-annual dividends out of the earnings
of the Company; and we are directed toJ!\nrPSS
tllP hnnfi that tViio r\( linni" of-'
fairs will inspire yon, as it has them, with renewed
confidence in the enterpi ize, and prevent"
any sacrifice of the shares; The moderation of'
their views does not permit them to encourage
the expectation of larger dividends than 6 per"
cent but even the most prudent will readily admit
that it is very far from unreasonable to expect
that the income will be greater,, and the
expenses less, than the sums stated in the foregoing
estimate : results that would, of course,
materially enlarge the dividends, particularly as
the interest on the permanent debt would be
stationary. ,
It will also be borne in mind, that very great
extensions of our communication will soon take
place by the Greenville and Anderson, Charlotte
and Manchester Roads, and by the Road*,
in Upper Georgia, Alabama and Tennessee,
which arc coming to completion, and that very
considerable additions to the transportation and
travel, and consequently to the profits of our
mil of liprnnftpr rncnlf frrvm tVinii* onmnln.
tion. The extent of the future increase of in- come
from these sources, we do not pretend toestimate;
but every intelligent mind will perceive
its bearing upon the present value of our shares.
With these results in prospect, not a shareought
to be sold at any sacrifice, nor should necessity
force any to make such sacrifices.?
Money is abundant eveiywhere, and cannot be
scarce here. This is a great public work, in
which the State, the City, aud many of our
Banks and other public institutions, are largely
interested; and those private stockholders who
require some aid to meet this call, cannot, under
such circumstances, and at such a time, fail
to obtain it In order to facilitate the payments,
as much as possible, the calls will be made as.
follows:
On the 1st of June next, 85
" 1st of Aug. 5
" 1st of November, 5
" 1st of January, 1851, 10 .
25
G. A. TRENHOLM,")
F. H. ELMORE, | Committee
WM. C. DUKES, [ of the Board 1
KER BOYCE, 1 of Directors..
AND. WALLACE. 1
Charleston. March 23. 1850.
11 win wonders never cease f"
NEW GOODS,.
At astonishing) y low Prices, lor Cash and
Nothing Elite I
JUST received, a fresh supply of Grocery arvticles
; such as, j
Sugars, Brown, crushed, and Loaf,
Coffers, Rio and Java,
Teas, Gunpowder and Hyson,
Rice, Bacon, Lard, and Salt,
2 New Orleans Molasses, &.c.
Mackerel, in half Kits; No. 3 in barrels,.
Fancy Soaps,
Powder, Shot, and Lead,
Crockery-ware, &c. tf-c.
also:
Kaisins, in quarter, hair, and whole boxes,.
Figs, In quarter, half, and whole Drums,
Preserves, of every kind,
(Salmon, Lobsters, &c.
Candies, of every description,
With many other articles; which will be sold extremely
low for cash, and cash only. .
MOORE & BELCIIER.
April 16 30 tf_
Assignee's Sale.
WILL bo sold, on Saturday, 27th instanf, at 12*.
o'clock, M., at the residence ol Capt. S. D. Hough,
the property mentioned in the schedule of'saitk
Hough. Terms cash. S. W. LOVE,
April 10 30 Is] Assignee
SCHOdlNOTICE.
rTMJE Executive committee of the Camden Or_l.
phan Society Female Academy, have thepleasure
to announce tiiat Miss Theus will open
the school on Monday the 6th of May next, with'
every prospect of this being a permanent arrangement,
and the school being open the whole year,,
with the usual vacations. This lady comes to uswith
the highest recommendations, from gentlemen
known to us, and having ten years experience
as an approved teacher.
J. M. DESAUSSURE,
April 16?30?3l] Pres't C. O; Society.
Committed,
'PC) the jail of Kershaw District, on the 4th inst.,*
-JL a negro man, who says his name is RANTER,*
and that he belongs to Col. N. A. Peay, of Fair-field
District. Said negro is about 65 or TO years
of age, five feet and a half high, and stout built.
The owner is requested to como forward, prove5
property, pay charges, and take him away.
__April 10-30. TUO. J. WARREN, Sh'flf
oi. :?C>~
oueiiu ? Bcuro.
BY virtue of sundry writs of Fi. Fni to mte'directed,
I will sell on the first Monday in May
next, (Hth day.) before the Court House door r??Camden,
during the legal hours of sale, the following
property,to wit:
All the right, title, and interest of the defendant
in and acres of land, more or less, with the
improvements thereon, lying and being in the District
of Kershaw, adjoining lands belonging to W.
A. Milliard, S. 11. Hammond and others.
Also, on Tuesday, second day of sale, (~th May,)
at the residence ol'the defendant, two horses, smallstock
of all cop, a lot of corn and fodder, one largowagon,
one small wagon, one lot bacon, sundry ar
ttcies oi mueonoiu ana Kiicnen lurmiure, ate. levied
on and to bo sold as the property of Bartlet
Milliard, at the suitol S.B. Hammond and others
vs. Hart let Milliard.
Also, on Monday 6th May, before the Cmirt
House door in Camden, all the right, title, and interest
of the dofendant in and to 40 acres of land,
more or less, lying on Bell Branch, on the waters
-? nt >.. ii *?:i_ ?r i n ?
01 i weniy-nve-wiie crees, m jverenaw jjisirici?
adjoining lands of John A. flowcn and C. Bailey
Levied on and to be sold as the properly of Henja>
inin Noltlcs, at the suit of John Dowen vs. Ucnja*.
min Nettles.
m Ti>. i r .7
jeniis V/cteii?i urciMMTd iu pay lor lier.eb?ury
1 papers. THU. J. WARREN, ?. K. D.