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CattstManalot K fUpblitT ! jbv jamls Gardner. OFFICE ON MoINTOSH-STBKKT, raiao boos fhj« tbi MOKTa-wKST corner or K. sroad-strkrt Tims Daily, i*» advance......per annum *8 00 If not in advance per annum <OO Tri-Weekly, in advance .perannum 4 00 If not in advance per annum 5 00 Weekly, in advance... .per annum 200 DISCOUNT FOR CLUBS. Centra! Bail Road. Report at the President and Directors of the Cen tral Rad Road and Banking Company of Geor gia to the Stockholders Savannah, Dec. 6, 1854. To the Stockholders of the Central Railroad and Banking Company of Georgia. The eranings of the Road for the past year, its current expenses, its condition and equipment, are all distinctly set forth in the accompanying Report of the General Superintendent: The Cash recived for the year is as follows From ca, wines of Road $962,644 36 “ ' “ Bank... 65,394 01 . .. ■ From which have been paid $1,028,037 37 Current Road expendi ► tures $475,266 56 Bank expenses. 14,042 05 Dividend, June, ’54, 4 Carried to Cost of Road, Carried to Reserve Fund wW in June last. ...... .84,476 92-SS93 902 53 Leaving. $134,945 b 4 This sum of $134,945 84, is the net amount of cash received from earnings of Road since the Ist of June last. Since that date there has been paid - .. . On account of Road $58,153 55 For Company’s Road Bonds 73,200 00 Nearly the whole of the $73,200 paid for Road Bonds fell due «** the first day of October last, at which time we had, in consequence of the epi demic, fallen short in the September receipts, over $26,000,and were in the midst of circum stances truly distressing. It was impossible to realize money even on the stock which we hold is the South Western Railroad Company, a stock paying eight percent dividend, and which the Board thought could be sold at or near par. In October the Road recipts fell off over $20,000 Since the first day of November, when business was generally resumed,!! has been found impos sible to sell even at great sacrifice, the stocks held by the Company. The line of Discount and Bills receivable, being not much* more than enough to protect the circulation and deposits, could not with propriety te reduced. The Road Earnings were of necessity, used to their full extent, in paying for Road work and Company’s Bonds. Between this time and June next, the 4 Company has to pay. For Iron Rails about. .5 $63,000 ‘ Rent of the Augusta & Wayneboro’ and other Roads about. 73.000 “ Road Bonds due fist May,’ss 85.000 “ ,Rail Road, about 56,000 gt . > ' 4277,000 Seeing this large amount so soon to be paid, and the utter impossibility of realizing from the assets a sum sufficient to replace the Road Ear nings so used, the Board was unanimously, -ot opinion that a Stock dividend of Ten per centum should be declared in lieu of the semi-annual cash dividend ot Four per cent. It was seen that the Capital of the Company being only $3,- 500,000, ami the net income of the Road as much as $534,000 per annum. Stock could be issued to the amount: of $350,000 without imparing the value of your property. It was recollected that the Stockholders at their meeting in March, 1851, expressed the opinion that a Stock dividend could be declared, in this year, to the amount of $300,000, and it was known to the Board that such a dividend at least was expected. The Board therefore, did not hesitate to declare the dividend which they publish to-day. It will, we think, be manifest to every carelul examiner of tbe affatjs of the Company that, by the course which the Directors have pursued, the condition of the Company is made more satisfactory and stable than it ever has been. The Reserve fund now $376,299 64 W'ili have added to it (onto! the said sum of $134,945 84) 112,932 84 450.232 48 and, further, if the Guatanteed Stockholders merge and elect W the Stock dividend, there will be added 22,013 00 - ■*, . §511,245 4§ » , and the Fund, after being used , to carry down the cost* of the . road to the actual Road Capita*. so as to have the Bank Capita! entire, as now, 205,790 00 will still amount to §305,455 48 It is subject to the Road rent which we owe, end to maKe good any loss that may happen by depreciation of Assets. The su t.s already mentioned as soon to be paid, and a dividend of four per cent, can be paid, in June next, without requiting more than 50,000 from the Assets. The amount, if found necessary, can be realized in the course of six months, withoalnsubmitting to more than a very trifling loss. Our Bond debt, moreover, will be largely reduced by June next, and the remain ing Bonds do not begin to fall due until 1857. Aad there will be no necessity for reducing the discount line. After the Stock dividend, now declared, shall have been paid to the Stockholders, the Capital of the Companywf the guaranteed stockholders merge, will be as follows : Road Capital Stock §3,644,210 Bank Capital Stock 205J90 The road can be kept dowrnfo the sum of $3,- 644,210, and the Iron remaining to be re-laid and all other improvements can be finished in two years. There will be required annually, for a divi dend, at the rate of efght per centum. $308,000 ; and tbs income Irom road alone will be over 4 530,000 leaving an annual surplus of over $200,- 090, per annum. That surplus should be used to finish U*g re-ironing of the road, and all other road improvements ; and for additional motive power, lor a limited time. By the end of two years the whole work can be so placed that there no necessity of charging anything further to construction ; or if it-shall be deemed advisable, beginning in the year 1856, dividends at the rate of ten per cent, per annum, can be declared, leaving an annual surplus of ovei SIOO - .. 000. §; garter allows a capital stock of four millions of dollars The residue left after the f PWpent dividend, to wit: one hundred and fifty [■jfbousand dollars can be sold from time to time wmnd the proceeds advantageously added to the Jp? present bank capital. The annexed statement, A, under the hand of ilP 1 * faahier, shows the condition of the Company on this day. ' 1 H| The amount paid into bank fmn the Road ear jgLuiwgs for the year ending Isi instant, is §9Ol 561- " 84, leaving uncollected §108,221 49. In the last annual report you were informed that the ac counts between this Company and the Eaton ton Railroad Company were unadjusted. That company has issued stock for the subscription which we made in the iron rails s23,loo—and will soon deliver to this company its bonds lor | §25,000— being the sum required to be paid by that company, to bring their road up to the sta ted condition agreed on when our lease began. This sum of $20,000 is to go to the credit of fu ture road repairs on the Eatonton branch. We have expended nearly the sum already, but the amount has gone into and (orms part of the current expenses of the year just ended. On the delivery of these bonds we must pay the first years’ rent, $14,000 due Ist April last, less se ven thousand dollars and inteiest due to us on bonds Ist August last. In the conrse of a few days ourfccount with the Eatonton Company will be adjusted, and then we will be enabled j to see when the stock of that company will i begin to declare dividends out of the rent we *The read from Gordon to Milledgeville, we thin!»■ will hereafter pay, and the road liom Milledgeville to Eatonton will nearly pay seven Dei cefit per annum. VVe have lost a very con ; liderable sum by the lease of the Augusta and Waynesboro’ Railroad, and we shall continue to the end of the lease, 31st December. 1.555. Notice will be given that this company a ill not renew the lease. We have offered to work the road for a year or two, on that com pany’s account, if they shall desire us to do so. We think the revenues of this road will increase handsomely, after 1855, and fair dividends can be paid to the Stockholders. This road is an admirable one. We have expended large sums to make proper culverts ior it, and it will be de livered up at tfce end ol our lease, in perfect or der—!ar better order than we received it. It 1 may; m July next, become a part of tbe great New Orleans mail line, in which event its Pas sen busines will be highly remunerating. i .te citizens of Jasper county have been dis appointed in their exj ectations ol procuring a subscription sufficient to 4 pay for a Railroad from Eatonton to Monticeilo. They have enquired of the Directors whether the Company will re new the offer made to them a year ago, and the Board refers the mat' er to your determiuatiou Wh procured a survey and estimate to be made' of the route, the expense of which this Company advanced—the sum will doubtless be soon repaid to us. Ihe estimate of the cost of the line was greater than we supposed it would be, and we fear if the Road were built it could not pay 7 per cent per annum. We are advised that the Opelika Branch of the Montgomery Railroad, leading from Colum bus to Opelika, will be opened, its entire length, 29 miles during the next ensuing month. This road will add considerably to the revenue-of our Road. Goods from the Northern cities for the in terior of Alabama and Mississippi, to a large amount, will pass over the line irom Savannah. Tbe distance hence to Opelika byway ol Co lumbus is 320 miles ; the distance hence to the same point byway of Atlanta and West point is 401 miles; the distance from Charleston to Opelika is 418 miles. The advantage in distance is near 100 mites in favor of our line, and we have a continuous track to Columbus, avoiding transhipment. The South Western Railroad has been opened to Americus in Sumter County. This extension promises increased profit to this, as well as the South Western .Railroad Company, whilst it af fords very great advantages to the planters of the South \V estern counties. An offer has been made by the Company to the to extend the read still further, and to the neighborhood of the counties of Lee, Randolph, Dougherty and Calhoun ; if the people shall, by the first day of February next, subscribe the sum of $250,000, and pay down one-fourth of their subscription in cash. It is to be hoped that the inhabitants of the prosperous country below Americus will avail themselves of this liberal offer to extend Railroad communication to their doors. Should the present effort to continue the road fail, the terminus ol tbe South Western Road will, pro bably remain at Americus for several years to come. ... The projected Road irom Macem through Mjl iedgeville to Warrenton, referred to in tbe last Report is not likely to be built. This Company will not be called on to make any effort to coun l teract the tendency of such a line. > Respectfully submitted, * R. R. CUYLER, President. A. Statement of the Financial Condition of the Company on the sth day of December, 1854. aSSODROKS AND PROPS -ITT. Rail Ro&d and Appurtenances, 3,507,737 50 Notes Discounted and Bills Receirable, 356,827 28 Stock and Bonds of other Companies, 662,703 00 Due by other Banks, 57,042 01 Due by Agents and other Companies. 36,134 98 Banking House and Lot, 13,612 97 Other Real Estate, 8,177 43 16.e90 40 Specie, 66,559 11 $4,693,664 26 LUBILITIBS Capital Stock, 3 600,000 90 Bonds due by the Company, Past due 8 p ct bonds not yet present'd, 167 Past dae 7 p ct bonds ditto, 2,800 7 per ct bonds due May 1, 1856 So ,000 7 per ct bonds due Feb. 2, 1857 24,000 7 per ct bonds due July 1, 1857 11,000 7 pfe- ct bonds due Aug 1,1857 20,000 7 per ct bonds due Dec. 1, 1857 20,000 7 per ct bonds due Apr. 1, 1858 21,000 7 per ct bonds due Jan. 1, 1859 30,000 7 per ct bonds due July 1,1859 9,000 7 per ct bonds due Nov. 1, 1869 4,000 7 per ct bonds due Feb. 2, 1862 96i000 „ t „ : 321,967 00 Bank N otee in Circulation, 167,214 00 Suspense Account, J ue to other Banks and Companies, 5-i’239 39 Individual deposits, 116,656 19 Unclaimed dividend*. 17.068 29 Appropriated for Guaranteed Dividend of December, 1864 22,013 00 Re*erved Fond. 378,299 64 Added this day, > 112,932 84 489,232 48 $1,693,661 26 GEO. A. CUTLER. Cashier. Savannah, Dee. 6, 1854. Eloquent and Just Tribute to Mr. Douglas. John W. Forney, the able and accomplished Clerk of the House of Representatives, in a let ter which he wrote to the committee charged with the management of the late Douglas festi val in Chicago, thus eloquently alludes to that gentleman: ‘‘ I have seen him in the Senate of the United States, surmunded by admiring listeners, bolding vast audiAces from night till morniDg, repelling the assaults of the giants of sectionalism, con founding the enemies of the Constitution, and eliciting from friend and foe those tributes which genius and patriotism are sure to command; and I have wished that the people of Illinois could have seen the man who represents them in the highest legislative body on eartb, during these occasions of triumph and of trial. Is it to be supposed that a man capable of meeting and of mastering those who feel the fires ol fanaticism can be crushed by angry and revengeful local combinations? Is it to be supposed that when Mr. Seward, the Chief of these combinations, could not restrain complimenting the resistless ability of your intrepid Senator, and almost con fessed his incapacity to answer the great argu ment of Judge Douglass on the Nebraska Bill, and when one after another of the Abolition Senators yielded before his victorious facts and figures, that heated impulsive crowds can destroy or defeat the high and inspiring principles to which his life has been dedicated, anu to which our patriotic fathers always turned, as to the stars that guided the bark of liberty through the most ominous periods of our history ? No, gen tlemen ! The march of these principles cannot be arrested. Men may fall in defending them, but they will survive forever ! And from the’ days of the early past down to the present hour, whether fanaticism has assailed these undying truths, as upheld and enforced by Jackson or Polk, or Pierce, their success has been as certain as unerring as the regularity with which the morning follows the night. “ The time will come, gentlemen and that soon, when the libellers ol Judge Douglass will be compelled to admit the invincibility of these same principles, so powerfully advocated in his Nebraska speeches, if they have not the candor to confess their virtue and necessity.” i Cotton Coming Back.— lt rejoices us to know that the opinion is rapidly gaining ground that the cotton of the counties east of this, on the West Point road, is tending to the Golf again. It has been discovered by some planters, not withstanding their shipments to the Eastern ci j ties have been made under circumstances very | uniavorabie to the Gulf, that their calculations i were very wrong, and that for them, the Home Market it , after all , the best market. One very intelligent business man of Macon county, who is a considerable dealer in the staple, after send ing his samples to Augusta, Charleston and Sa vannah, at last brought all his stock to Mont gomery. We are told by a gentleman of great business sagacity that this is but the natural wo. king of a law governing exchanges. The Eastern Banks deal largely in sterling "bills, and these are procurable only in New Orleans and Mobile. Out of this fact grows the inability of the planter to ship his crop advantageously to the east. —Montgomery Mail. The uneasiness, says the New Orleans Pica ! V'uoe, ol the 12th inst., which was created a few | days since, by the suspension of some firms in this city connected with the Western trade has !>een entirely dispelled. The causes of the trou bles under which some respectable houses have given way, has been distinctly traced to circum- J st «nces which are temporary, and mostly pecu itar to themselves. There is, of course, incon veniences felt from the lowness of the rivere,and the consequent holding back of great quantities of produce that ought to be in this market; and : this has, in some cases, accelerated the catas trophe brought on by engagements outside of regular business. But we learn that arrange t inents are in progress, by which one or twocon | siderable houses will resume business soon. The I trade generally has not been affected by these partial reverses We have ceased even to hear tbe rumors, which always fly about in swarms on such occasions, and quiet confidence appears to have been restored again. The Western houses in this city are sound, and among these there are some as solid as any to be found in the United States. AuTiUSTA, GEORGIA^ WEDNESDAY MORNING, DECEMBER 20. A Chance for Poets. Ihe Daily Constitutionalist & Republic will be iurnished one year to the author of the best New Year Carrier's Address, handed in at this office before the 26th insf. The address must contain not less than forty liues, nor more than eighty. The Bridge Case. We learn irom a telegraphic despatch received in this city last evening, dated Columbia, Dec. 19th, that in the House of Representatives, the act giving permission to Messrs. Kennedy & Jones to collect tolls on the Carolina end of the bridge has been repealed, and the charter vested in the City Council of Augusta. The vote stood yeas 63, noes 41. It has still to pass the Senate. Mackerel. I hose tond ot Mackerel, we would advise to call at the store of Messrs. H. O’Neill & Co., on Jackson street, next to the Warehouse of M. P. Stovail, aud procure a kit. We have tried them, and found them large, fat, and correctly branded No. 1. The Parade Yesterday. We had the pleasure of seeing yesterday the first regimental parade that has taken place in our city within the past three or four years.— The only portion of the exercises that came under our inspection was the formation of the regiment in line, by Adjutant Kirkpatrick, which was well and speedily done. At about 11 o’clock the regiment was formed, turned over to the Colonel, and took up the line of march for the parade ground, for the purpose of drilling. Business prevented our visiting the parade ground, but we understand our volunteer com panies acquitted themselves handsomely, going through the different evolutions, marching and countermarching with a precision that would have done credit toplder companies. The four militia companies, considering the time that has elapsed since their last drilling did very well. After the drill, the regiment was marched up Broad street, and down Greene to the city Hall, where they were dismissed. Major General Drane and Brigadier Geueral Harris and his staff were on the ground in full nuiform. New Books. The respective publishers have furnished us with the following recent publications: Ruth Hall: A Domestic Tale of the present time, by Fanny Fern. New York. Pub lished by Mason Brothers. The numerous admirers of Fanny Fern will, no doubt, have their expectations raised to a high degree of impatience to peruse “ her first con tinuous story.” Those, however, who have formed so high an estimate of her powers as a writer, will, we think, be much disappointed with her first attempt to write a continuous work of fiction. The characters are badly drawn, and the incidents are forced and unnatural. We can not help fancying, that old Mr. and Mrs. Hall are intended as a modern rendition of the Ogre and Ogress, who figure in the popular tale of "Hop O’My Thumb,” the only difference being that Mrs. Hall is wanting in those feminine traits of character,which distinguish women in all ages, and under all circumstances, which are at tributed to the Ogress. We are under the im pression, that almost every adjective in the Eng lish iangaage has been pressed into service in the composition of the present work. The “Hill Tops” are all “ breezy,” and the “ »i! “ emerald/' Byway of giving our readers an idea of the style in which the work is written, we might j give many extracts to prove the correctness ! of our remarks, but in attempting to make i selections we found it so difficult to choose ■ the most appropriate from such a chaos of l,Nam -6 by-pamby isms,” that we must refer them to the I work itself. No doubt the reputation of the au • thoress will secure for it an extensive circula ! tion, but we must be permitted to state, that in | our opinion, her fame, as a writer, will not re , ceive any material addition from the present pro ! duction. Magazines , Reviews, etc. Hunt's Merchants’ Magazine and Commer cial Review. Conducted by Freeman Hunt. Nov., 1804. The North British Review. No. xliii. No vember, 1854. Graham’s American Monthly Magazine.- January, 1855. All the above Periodicals are so well estab lished and known to all our citizens, that it is only necessary for us to state, that they tfre ful ly eqnal to the high reputation they have al ways sustained. Study, the only sure Means of Ultimate Success. An Address, delivered before the Thalian and Phi Delta Societies, of Oglethope University, Geo., at the Annual Commencement, July 19th, 1854, by the Hon. William H. Stiles, ot Savan nah. We have heard many commencement orations, and read a number, by distinguished gentlemeu j of the country, some of them,of superior literary ' merit and beauty. Yet, we unhesitatingly pro- j nouncethe above oration by Mr. Stiles one of the finest, in style, thought, force and beauty, of | all that have passed under our review. We were at Milledgeville at the time of its delivery, but ! were prevented by indisposition from attending ' the commencement. We hea:d universal en-! comiums of the Address of Mr.Stiles,as possessing singular merit as a literary production, and of most beneficial tendency in the truths it pressed upon the mind of the youthful student. We look ed forward with pleasure to its perusal, and hav ing recently received a pamphlet copy, we sat down to it with a keen relish. It deserves alt ! that has been said of it. It should be read by | every youthful aspirant on entering the field of active life, and itsjfacts and precepts be well pon dered. It will win the admiration of every per son of cultivated taste and classic reading, by the felicity and polish of its style, and the extent and aptness of its historical illustrations. It will command the approbation of ail thinking minde for the force of its reasonings, and the value of I its deductions. The Address fully vindicates the proposition, that study is the only sure means of ultimate success. It is the secret of all the great < triumphs of Genius in every age—the means I,y which differences in intellectual capacity men have been manifest. Those difFereuse* have j been not so much in the mental gifts themselves a3 in the exercise of such as are common to all men. A New Travelling Fix in 7 . —The Wheeling Intelligencer describes a travelling wagon, which passed through that city a few days ago, on its way West, with a stove in it to keep the fami.'y warm, and at the same time do the cooking a s they progressed.gThe stove pipe went up through the wagon cover, and sent forth a volume of curling smoke. The wagon started from near Winchester, Ya. That’s a go-ahead family. Augusta Gymnastic Society. » This Society, which is also known as the Turn Verein,” gave their first entertainment lor the season on Monday evening last. At one extremity of the Halt, they had fitted up a neat and handsomely decorated stage, with appropriate scenery and a well executed drop curtain. The balance ot the room was filled with benches, which were occupied by a number of ladies and gentlemen, all of whom seemed bent on enjoying themselves to the utmost. I be entertainments commenced with the per ornoance of Schiller’s comedy of “ Uncle and Nephew,” followed by an amusing song. The off well, the leading characters sus tained their parts in a highly creditable manner, especially the toi ditant ladies. At the conclusion of the theatrical portion the entertainments, stage, scenery and decora tions disappeared, almost as if by magic, and the floor was quickly occupied by those who were bent on finishing the evening by participating in the pleasures of the dauce. Mirth and good feeling were the order of the night, or, rather, of the morning; for we heard it hinted that before the company finally separated the “small hours' < were gradually beginning to lose their right to this title. We must not omit to mention the music ochestral and vocal, both of which would do credit to professional performers, and which add ed much to the enjoyment of the evening. W e are pleased to see our German citizens orming themselves into these Societies for mutual enjoyment. At a small expense they can procure more pleasure and of a more rational character than could possibly be obtained by other modes modes at a much larger outlay.- Success other Gymnastic and Harmonic Societies of Augusta. The Boston Failure.— The failure of the extensive dry goods importing house of J. W. Blodgett St Co., in Boston, is said to be the heav est that ever occurredjin New England. The liabilities of the firm are stated at $1,900,000, and the assets show a surplus of about $300,000 Messrs. Blodgett & Co., had a very large Wes tern business, and have been obliged to suspend, partly in consequence of the troubles in that section ol the country, which have prevented re mittances and sent large amounts of paper back under protest. They are reported to owe one commission house in Milk-street $176,000, another $151,000, and there are several others who are creditors for about $50,000 cash. The Post says, that “a large amount of the in debtedness is in New York. It is thought by some conversant with the affairs of the concern that it will pay a dividend of seventy-five per centum—while others place t'ne probable divi dend as low as fifty.” The house has heretofore enjoyed high reputation in all sections of the United States and the Canadas. The Rev. Antoinette Brown says that, if Pro vidence had given her an ‘ invalid husband and half a dozen children” her salary as a clergy woman is amply sufficient to pass them comfor tably through life. Here’s a hifitfora ‘sick man’ -—situation comfortable,,weather cold,and a young lady freezing her feet in a single bedstead. City Subscriptions to Railroads.—A bill has been reported to the South Carolina House oi Representatives by the Committee on Incor porations, prescribing the terms on which the City Council of Charleston may subscribe to works of internal improvement, and confirming the subscriptions heretofore made by them.— The main features of the bill are : 1, that there shall be a vote ot the citizens taken, with all the formalities of a city election, before the Coun cil shall subscribe to any Railroad, Canal or Plank Road ; 2, that they shall in no case sub scribe more than a fourth pait of the stock ol snfb improronwut; 3, mat they shall subscribe to no Railroad out of the State without the con sent of the Legislature first obtained. Finally the bill declares to be“ fully authorized and con firmed and declared to be obligatory in law upon the said City Council and City,” all previous subscriptions to Railroads. The provisions ot this bill, remarks the Mer cury, are well considered and the restrictions are judicious. Its passage would do much to remove a feeling of distrust that has been growing up in regard to our city affairs, and that has had a most injurious influence. The Specie of the Country.— The Secreta ry of tha Treasury estimates the amount of spe cie in the country on the 30th of September last at $241,000,000. He says: “Os this sum there was about $60,000,000 in the banks and $26,000,- 000 in the United States Treasury ; the rest be ing in circulation among the people, or hoarded up.” At the period ot the discovery ol gold in California there was in the country about SIOO,- 000,000, and of this $50,000,000 was held by banks and $50,000,000 by individuals. Thus tn about seven years, the amount in the bank vaults has only increased $10,000,000, while the amount in private hands hag increased $95,000,- 000. /■ Southern Commercial Convention, The Commercial Convention of the Southern States, which met in Baltimore in 1851, at Memphis in 1852, and Charleston in 1854, adjourned fioru the latter city to reassemble in New Orleans on the second Monday of January next The City Council of New Orleans has directed the Mayor to appoint a hundred delegates from the city and to invite the Governors of Southern States and the Mayors of Southern cities to visit that city during the session of the convention. Dinner to a Grandson oe Lafayette.—A complimentary dinner was ■given at Paterson, N. J., a few days ago to M. Lafayette, a grand son oi the Marquis, who is «n a visit to the U. States in behalf of a suit, r; 10 w before the Su preme Court, relative to *.he lauds given to his grandfather by Congre* for service rendered during the Revolution? , r y war. Central Railroad -and Banking Company. We publish to-day the Annual Report of the President ot the Central Road, from which it appears that the affairs of the Company are in a sound and d»u*iishing condition. From the Report we make the following extract, wliicJj exhibits a satisfactory improve ment upon tb.e business of the previous year: for the year * hav« boen ' 1,009,793 33 The. aggregate expenses for the same period have been 475,260 56 i Showing a nett profit of $534,526 77 The increase of gross earning over the previous year is 92,933 40 And of nett profit, 20,400 48 This result would have been much more favor able, but for the sickness that we had during the months of August, September and a part of Octo ber, which reduced our earnings, while our ex penses were increased, and we have also made a ; number of improvements, the cost of which has been charged in our expense account, but might, with propriety, have been charged to con struction. • It is understood that the Hon. Samuel Parker, member of the House from the sth Congression al district of Indiana, will t)e the Whig candidate for U. S. Senator, fn place of Hon. John Petit whose term expires with tfc* preaent session. The Mails. —The Charleston Courier of the! 19th inst., says:—ln yesterday’s Courier we mentioned that we had heard a rumor to the effect that the contractor with the Post Office Department was about to make a sub-contract with the South Carolina Railroad Company, to carry the Great Western and Northern mails as usual. On inquiry we find that such a sub-contract had been made, but that the Postmaster General had decided that such an arrangement was inad missible, and consequently ordered Mr. Douglass, the contractor, to convey the mails daily be tween Charleston and Kingsville—or Manches ter as the contractor may find most advisable— in two horse carriages; also tri-weekly between Charleston and Orangeburg, in order to supply the offices on the line of the South Carolina Rail road, and daily to Augusta via Kingsville and Columbia by the same mode of conveyance.— The mail for Savannah will be conveyed from thi» city tri-ioeekly in steamers, a contract to that purport having been effected. The new arrange ments are to go into operation on the Ist of next month and continue until the 30th of June. The above, we believe, to be a correct state ment of bow the matter now stands, and with out entering into any discussion relative to the merits of the controversy, we may be permitted to express our surprise that the Department should have deemed it proper to forbid Mr. Douglass entering into the sub-contract with the Rail Road Company, especially as it involved no additional expense to the Department, and would have proved ot vast advantage to the en tire community. This refusal seems to us to breathe a spirit of personal pique, incompatible with the dignity of any member of the Cabinet, and should be rebuked at once by the popular voice; and lor that purpose we would again re* spectfully suggest that his Honor the Mayor call #Tnrblic meeting forthwith. The Charleston Mercury says:—We have been favored with the following extract of a letter from a special Agent of the Post Office Depart ment, dated Columbia, Dec. 17. A despatch has been received from W H. Dundas, esq.,Second Assistant Postmaster Gen eral, directing that contracts should be made for wagon service, to take effect from the first day of January next, and continue until the 30th June following, to supply mails to the offices now be ing supplied by the South Carolina Railroad, as the terms proposed by the Company for carrying the Mails cannot be accepted by the Depart ment.” In compliance with these instructions, we learn that the agents have entered into a con tract with Mr. Fosdick. to carry, in stages, the gieat Southern Mail from the terminus of the W.ilmington and Manchester Road, via Colum bia, to Augusta ; a mail from Charleston tojMan* Chester, or Kingsville, daily, in a two horse wa gon ! a mail from Charleston to Orangeburg, supplying the intermediate offices, in a one-horse sulky, three times a week ! ! and a mail from Charleston to Savannah, in steamboats, three times a week. These arrangements are to com mence on the first of January, and to continue until the 30th June. We learn that the com pensation for this wagon and sulky service, is much greater than is now paid the Railroad for carrying the mails, and also, that the difference in the views of the Department and the Rail road would not amount to more than S4OOO for six months Without expressing an opinion as to which party is responsible, we must be per mitted to express our regret, that for a sum 60 contemptible, the entire mail arrangements of a large portion of the Union should have been bro ken up, and the whole mercantile and business community, North and South, placed at the mer cy of so pitiful a substitute. The Jenny Lind Concerts.—A statement of the results of Miss Lind’s concerts in the United States shows that tha total roroiptis from 95 POD certs (including three given in Havana,) were $712,161, —from 35 concerts given in New York (exclusive of the two devoted for charity.) $286, 217 or an average of $8,177 50 each. According to the terms of the contract with Mr. Barnum, his gross receipts were $535,486; Miss Lind’s net avails, $176,675. The Artesian Well. —Tha Charleston Mer cury of the 19th inst., says:—The water stil( continues to flow from the Artesian Well, at the rate of from 20 to 25 gallons per min ute, the variations being occasioned by the great er or less obstruction of the sand in the tube. It is the intention of Mr. Welton to continue his per foration, in perfect confidence that as he gets deeper the flow of water will increase. Mail Contract.— We understand (says the Charleston Mercury) that a contract was en tered into on Friday last, by the Agents of the Post Office Department with Mr. Douglass, to carry the Mails between this city and Augusta, in four horse post coaches, from and after the first of January next. Colored Seamen. —A bill modifying exist ing laws in regard to colored seamen, Ifes passed the Senate of the South Carolina Legislature by a vote of 24 to 14. The bill provides that cap | tains of vessels arriving at any port in the State | must give bond and security that the negroes on ! board their vessels shall not go on shore. New York Money Market. —The smallness of imports this week, with large and increasing | exports, form the lavorable feature of the money i market. The value oi the imports is below oue | half of the imports of the corresponding week of last year. There is a very active shipping of cot ton going on at the southern ports, where the re ceipts are very large and the holders anxious to sell at declining rates ; the consequence is that bills on Europe are becoming excessively abun dant, and much cannot be soltl in the present ab sence of general demand lor remitting. A better state of things in this regard is expected in Janu ary; when the dividends become payable on a large variety of securities. The range of quota tion is 108 i to 107} for bankers’ bills, and 107 f to 105 for other descriptions. The counter and unfavorable circumstances of the market are the continuous failures all around, the want of con fidence, and the falling of water in the western rivers. Money is in as great demand as ever, and must increase until alter Christmas. Specie is going South and West, and the banks here seem little likely to benefit from the large re ceipts from California. Until the banks can rely on obtaining a per manent increase of specie they will not increase their discount line. The disposition to do so on the first falling off of the expoits of specie has been checked. No amelioration is expected now till the middle of January at the least. Money rates are quoted at 12 per cent, to 15 lor prime mercantile acceptances, and 18 up wards for second class. The increased tightness of the money market affects the stock market, which hag farther de clined. We learn that a considerable demand for mo ney on loan is apparent to meet a large portion of the interest due and payable in January, for which preparations are making.— Evening Pott 16/ h intt. ' Copper Ore.—The quantity of copper ore arriving in this city, from the mines of upper Georgia and Tennessee, is becoming quite an item. During the month of November 1,597 boxes were received from Dalton, and nearly or quite as much from mines in Tennessee. New mines are almost daily discovered, in various lo calities, in the mountainous regions of this State and Teanessee, and many of them are provin" highly productive. The Atlanta Examiner of the 14th, acknowledges the receipt of several exceedingly rich specimens of ore, found at the depth of thirty-five feet below the surface of the earth, in a shaft sunk by Mr. John Donlap, on a spur of the Look-out Mountain, in Dade coun ty.—Savannah Georgian. South Carolina Legislature. Columbia, Dec. 18. — Senate. — In the Senate to-day, several bills passed their firet reading The School Bill was taken up, and on motion of Mr. Mazyck, indefinitely postponed by a vote of 22 to 21 The Blue Ridge Rail Road Biil was taken up, and various amendments proposed by Mr. Ma a°d others, with a view of defeating the Bui, but all ware laid upon the table by an aver age vote of $2 to 16. The Senate took a recess until seven o’clock. Evening Session. —On reassembling, Mr. Mazyck continued to offer amendments, all ot which were voted down except one which pro vides that no person shall be eligible lor the office of President or Director who is not a bona fide tb the stock of the road to an amount ol SoOOO. 1 his was adopted by a vote of 28 to 10. Mr. Cannon is now making a lengthy speech against the bill, but its passrge is sure by a large majority. s House of Representatives.—A resolution from the Senate to alter and revise the Criminal code, was ordered for consideration to-morrow. Mr. Middleton reported favorably on a bill continuing the appropriation ol dividends on certain stocks, for the purpose of removing the obstructions in Sullivan’s Island Channel in Charleston Harbor. Mr. Middleton reported favorably on a bill to increase the per diem of members to $5 which was ordered for consideration to-morrow’ The privilege of the floor of the House was accorded to Commodore R. F. Stockton U. S. N. Mr. Mullins desired to alter the resolution for adjournment, so as to fix the day tor re-assemb ling on the third Monday of November next. The bill to raise supplies for the year passed two readings and was sent to the Senate. A resolution was adopted by the Senate and the House to go into the election for President and Directors of the Bank of the State to-mor row. The appropriation bill was taken up and the resolution to give SSOOO to various Colleges was laid on the table. The bill to increase the ap propriation for the transient poor of Charleston to S7OOO was adopted, after some opposition, and then passed a second reading and was sent to the Senate. The House then took a recess. Evening Session. —No business ol any mo ment was transacted this evening. Columbia, Dec. 16, 1854. At a meeting of the Stockholders of the Co lumbia Insurance Company, held this day, Win. Wallace, Esq., was called to the chair, and J. P. Southern requested to act as Secretary. On motion of E. J. Arthur, Esq , the follow ing resolutions were adopted: Resolved , That the condition of the Columbia Insurance Compmiy requires a suspension of its business, ana a strict examination into its af fairs. Resolved , That the Board of Birectors and our Agents be instructed to ditcontinue business at once, and to suspend for the present, any tuither payment of money on losses incuued or to be incurred; also, that notice be given to all per sons who are insured in this company, of the condition of the Company. Resolved , That a Committee of Three Stock holders (other than directors) be appointed to examine into the affairs of said company, and report to an adjourned meeting of the, stockhol ders to be held on the second Monday of Janua ry next, a plan for the final settlement of the af fairs of said Company. Wm. Wallace, Chairman. J. P. Southern, Secretary. When Macbaon, the Greek Physician was slain, Homer said of him, “a good Physician is worth as much as a whole army.” Then a good medicine like Ayer's Cathartic Pills, is worth a great deal more, because it cures as well, works wider, and lasts longer. The circle of the best Physieiau’s labor must be narrow, while such a remedy is available to all—can be had by every body, and is worth having. MAH HI ED. In this city, on the 19th inst, bv the Rev. J. G. Binney, Mr. Alexander Ross, of Midway Ala, and Miss Sarah Louisa English, of this city. On the evening oftho 12th inat. by Rev. J? H. Echols, James J. Lawrence, Esq. of Hancock county, and Miss Mary Lizzie, daughter of Mr. Kinchen Little #f Putnam county. On the 14th inat., by Thos. T. Brandon, Esq, Cornelius A. Redd and Sarah T. McDaoe, all of Riohwonti e^ronty. In Vineville, by the Rev. G. 11. Hancock, at the residence of Robert Freeman, Thomas W. Bax ter, of Texas, toEi.LMOKA F., youngest daughter of the late William Scott, of Vineville, Bibb coun ty, Geo In Meriwether county, on the 7th inst, by J. M. BrasseU J. I. C., Mr. T. M. G. Powers, ot Atlan ta, and Miss M. E. Allen, ot the former place. Augusta Wholesale Price Current, Dec. 20 ARTICLBB ( /WHOLESALE. DUTY. BAUojNG—Gunny 15*@ 10 'ATp cent. Kentucky...... -I 00 ® 00 BALE ROPE—Jute j 1 00 ® 00 25 Kentucky.. 114® 121 BACON—Hams •• • • 12* Is ) Si.les 9® 10 J2O Pet. Shoulders ■■tD • 8 ® 8* ) BUTTER—Goshen, prime ••• • 27 ® 30 ,io. Pceat. Country ....; 15® 25 BEESWAX •••• 15 ® 20 CANDLES—Spermacetti. ;•••• 45 ® 50 20 te 1 cent Tillow..'. !■••• 18® 19 Adamantine. ..!••• •; 26® 28 j* u ct- CHEESE—Northern !••••( 12® 15 30 p cent. COFFEE—Cuba ....I 11 ® 12 | Rio :••••] 11$® 12i L Java j yd. 15*® 17 ; r freß * 1 1 1 “ 7-8 1 ® 7 ! o brown, yd. wide ■•• • 8® 35 SHEETINGS,'bro.,S-4; - •••! 11 ® 13 bleached, 5-4 •• • •!' 12® 15 2 CnECKS ..;•••• 8 ® 12 S bed TICK •••.j B*l 16 ° OSNABURGS, 80z... i-fc 9 @ 94 N YARN, (assorted) bb U 154® 16 FlSH—Mackerel,No. 1. 16 @ 18 ! Do. No. 2. ..]••• v 14 @ 16 ) Do. No. 3.. .!• •• • 9@ 12 V2O »ct FLOUR—Canal ••••! 114® 12*1) Augusta Canal. .;••••) 94® 12*1) Georgia, g00d... •w i 9J® 12 >2O Pet FEATHERS—Live Geese. bus 37 ®4O ) GRAlN—Corn,loose ■•••; 90® 95 ) _ Do. sack ••• - I 00 @1 ]0 1 20 ** et - Wheat —Good White. ••••1 75 ®2 00 Do. Red. 150@0 00 GUNPOWDER ••• • 5 25 ®5 50 t2O p ct. HIDES—Dry |;100; s3g J 0 ! Dry, salted 7 ® 9 1-0 p ct. IRON—Pig 10b 0 @ 00 30 p cent. Swedes,assorted.. •» • 6J® 680 p cent Sheet.. . ."'.IOO, lo*® 11 }2O p ct. j Nail Rods fc-i el 7 LEAD—Bar 54® 7 ) n White Lead i-- •*1 SJ® 10 H 0 F LARD «»U- 10 § 12 MOLASSES—Cuba ••••! 26 @ 27, New-Orleans •••• SO ® 33 ) „ NAILS—Cut, 4d. to >Od. 61® s}' 1 30 Pi- ! OlLS—Sperm, W. Strained! I 9o @ 2 10 Full Strained 1 80 ® 2 00 free. Summer do 1 <W ® 1 65 £ ins *-«d J 000 (jg 115 20poent, Tanners b': 0 60 ® 0 90< Lard T)bl.,j jo 11 oJ POTATOES •••• 0 00 ® O ot> pepper ...' i 7 sg J ;L PIMENTO l| RAISINS—MaIaga, buneh.i- ••• 3 50 (a> 4 txl* 1 Museate > 100|q <x> ®OOO 1 40 ct RlCK—Oordinary ••••d 00 ® 6 6U Fairnew )•••• ® Qri Good and Prime. J 0 00 ® 0 Ofli French Brandies ••• • : t 60 ® 2 001100 Pct * Beger Frerea •• • »2 75 ® 3 00 ' ! £ I . lolla . nd G J?. •••jl 25 ® 1 50(100 p ct. S American 6m • ••• 060® 063 Jamaica Rum • ••• 1 50 7® 1 00.100 S N.E.Ruin,hhdßAbbW--- i 065 S 0 ort 00 Whisky Phila & Baltj* •• • 0 <J2 ® 06& Do. New-Orleans. .;•••• 62 ®0 6& sttSa » ach 4 ; : 02 @ 1 oo 100 pct SUGAR—Cuba Muscovado |0 #(S 7 ) r P. R. & St. Croix’- * • -«0 71® 9 I Havana, white. .•••• 000 <a» oa « New-Orleans.... o 54® 7 (30 p ct. t Ctarided Brown . ■lb o 7* 35 0 84. I White..; o B*® osf J qi T t T . Lum P-, i— N) 10® 10* ) SALT—Liverpool -...jl 75 g 2 OO f2O Pet soap a OOB6 - :'••• *“*» oo ® o oo|3o 1^ ICaU ’ yelloW •m • @ e2O p cent. , U ' 2 13 i 22540 P cent 'PIN ****i°o 00@30 ooiop cent TALLOW— American -Ife-o 0® 08 1 1 P cent TOBACCO—Georgia i - •••jO 00 ® 0 00i L . TWINE R Ca T endißh ---- 044 j j TWlNE—Bagging • <0 22 @0 25 , „ Seme -..-K 30 @ 0 50. l do * ,ot i TEAS—Pouchong ••. • 0 50 ® 0 76j Gunpowder & Imp. •• •. )0 75 @ 1 Oh '. Hyson !0 70 @0 80 rre9. Young Hyson - • • 0 70 ® 0 76 WlNES—Madeira wall, hi 00 @ 2 Claret, Marseilles; cask ;0 25 ® 0 60, Do. Bordeauxjdoz.j3 00 @ 3 5d Stuarts sugar, candles, &c. 100 bbls Stuarts A. B. & C. Sugar. 100 boxes Adamantine Candles. 100 boxes Tobaooo, various qualities. 500 dozen Blacking, different size*, for sale low by C. A- WILLIAMS. BY TELKGRAW Columbia, Dec. 19. The Racir.e Propeller, Westmoreland, has been sunk 18 mil**s from Sleeping Bear, - ’ and 17 lives lost. The Washington Globe publishes a deed of Tiust made by John Withers, directing the tmstees to apply the assets— lst, to the expends of the trust; 2d, to the redemption of the bonds of the Virginia and Tennessee Railroad, amount ing to $190,000 ; 3d, to the redemption ot the Exchange Banknotes: 4tb, to all other creditors including Virginia, equally. Charleston, Dec. 19. Cotton.—Sales to-day M4O bales at 6i to SJ cents. The market is easier—no actual decline*. Good Middling 1\ cents, Commfrriai. Augusta Market, December 20. COTTON—The market continues in a dull state, and prices aro daily declining. Prices off, red one day and declined, cannot bo obtained the next.— This state of things is caused by the scarcity of monoy, and unfavorable advices from below and from Europe, and prices are now ruling lower than they have been for several ytars past. *The de cline since Wednesday last, on all qualities offered for sale, has been fully Jto \ cents—the latter price on the lower grades, which constitute the bulk of the present offering stock. Grades above Good Middling are scarce and difficult to be had, as little or none is offering. The demand has been fair, but the low prices offered by purchasers, causes planters to be reluctant sellers. The sales of the I week reach 1500 to 2000 bales, the market closing I dull at the quotations given below. The receipts j are light for the season of the year, and the ship- I mentsareon the increase, both to Savannah and i Charleston. Wo now quote Inferior and Ordinary, ...5 a 5 , j ’ Low to Strict Middling,.... e,f z6* Good Middling 7 a - Fair, no Fair, .no *a : e- RECEIPTS OF COTTON From Ist September, ISSft t 0 Ut , H 1354. 1851, Savannah, Dec. 14 ~64 445 y ?, h& K rl , e3t n n ’ D , ec ' l4 tt-M&r i ii; 133 Mobile, Dec. B 67,2>; 61 Aid New-Orleani, Dee. 12 iia i <l7o' Florida Dec 1 W. 377 Texas, Dec. 9 12 "47 194 Virginia, Dec 1 5 , 0 80 2Wi North Carolina, 2. 3 155 Total 731.605 083,250 613,250 Increase in Receipts 43,349 STOCK OF COT TON. Remaining on hand at the latest date.r received. Savannah, Dec. 14 32.919 37,482 Charleston, Dec. 14 58.896 42 685*^ Mobile Dec. 8 50,027 39,316*'' New-Orleans. Dec. 12 178,211 203.940 Florida, Dec. 1 10.517 1?454 Texas, Dec. 9 3.093 3,961 i Augusta and Hamburg. J>ec. 1... 20.23*3 27,212 Macon, Dec. 1. 10 443 43" VGginia, Dec. 1 " 900 North Carolina, Dec. 2 500 350 New-York, Dec 12 34,603 32.983 Tota! 400,342 407,325 GROCERIES.—There has been but a moderate business done.in the Grocery line, as there is but little money coming to hand, transactions being confined mostly to supply country orders. As Christmas and the Ist of January are generally set tlement days with our planters, we hope to bo able to report a better state of things next month. — The market is well supplied with nearly every ar ticle in the Grocery line, and purchases can be made low for cash. COFFEE.—There is a fair stock on hand, and it is selling from storos at prices ranging from 11* to 12 cents according to quality and quantity. CORN.—The stock of Corn is light, but as the demand is confined to home wants, we have no change to notice in prices, although we do net think a large lot of sack would bring over 95 cents, sacks included. We quote sack Corn in small lota sl, retailing at sl.lO. Ear Cora is seising by the wagon load at 90 a 95 cents. Pea? are held a $1.25 perXiushel. WHEAT—Is very scarce and in demand. A lot oi White would bring $1.75 a $2-00 per bushel; and good Red is worth $1.50, delivered. FLOUR. The stock on hand is light, and prices have an upward tendency. We still qaotej City Mills superfine at s9* a 10, and Extra Family at sll in bags, and sl2 in bbls. Good brands of Country Flour range at about the same prices- BACON.—The market well supplied, and it is dull of sale. We quote Shoulders at 8 a 84, and Sides at 9, 9* a 10—the latter price for a choice ar ticle of clear Tennessee in small lots. Hams are selling at prices ranging from 12 to 14. There is some Western meat in market that can be pur chased at lower prices, v BEEF AND HOGS.—Beefisin limited demand and the supply on hand good. We have heard of no sales this week. The same may be said of Sheep. Hogs are in good demand, with a limited supply on hand. Selling at 6to 7 cents. LARD.—We now quote 10 a 12 cents—the lat ter price for a choice article in small packages. FEATHERS.—The demand at the present time is mode-ate, and sales are making at prices ran ging from 37 to 40 cents. BAGGING.—The stock is light, and the de mand fair. Gunny is selling from stores at 15* a 16 cents. * ROPE.—Stock light, demand good. Selling at 11* a cents. MOLASSES.—The stock of Cuba is light, and holders are asking higher prices. We quote Cuba at 26 a 28, and New Orleans at 30 a 33c. SUGARS.—There is but a moderate supply on hand, although sufficient to meet the demand, and some holders are asking higher prices. Our quota tions wi l give a fair index of the market. SALT.—This article is still scaice, but we have no change to notice in prices. We have heard of sales this week, in lots, at $1.75 cash. Retailing from stores at $2.00 persack. DOMESTIC LIQUORS.’—The stock on hand of all descriptions is light, and prices are daily ad vancing. Whisky meets with ready sale at 650. by the barrel. HlDES.— There is a good demand for weil cured hides, and pricos range from 7 to 10 cents, accord ing to quality, with an upward tendency. NAILS.—Fair sleek on band. Prices range from 5* to 5Jc. EXCHANGE.—We have no oh&nge to noticeiu rates. Our Banks continue to check on New YorJt and other Northern cities at sight at J perct. prom. FREIGHTS.—The River is low and none but i light draft steamers can reach the wharves. Those ot heavy draft have to lighten about five miles fee ! lowtthe city. Thera is more Cotton offering for Savannah and Charleston, than for some months previous. We continue to q-ote to Savannah 50 j cents per bale; to Charleston per Railroad sl. SAVANNAH, Deo. 18., P. M. j Cotton —The market is very dull and the de ; rnand quiet limited; the sales amount to 604 bales as follows. 15 at 6s, 32 at 7, 14 at 7|, 46 at 7# 72 at 7}, 50at7i, 45 at 7#, 278 at 8, 31 at 8* and 20 at 8J oents. I ■“ .... pipping J*teUi|fßtt. arrivals from charleston. Steamship Nashville, Berry, New York. ut* for charleston. Brig Tybee, Ferguson, New York. CLEARED FO"R CHARLESTON. Steamship Tennessee, Hudgins, Baltimore Ship Fairfield, Ilathawao, Now York. Barque Jedo, Jenkins, New York. CHARLESTON, Dec. 10.—Arr'd. steam ship Quaker City, Hodgdon, Philadelphia. Cld steam ship Isabel, Rollins, Key West. Went to sea, schr. Ella, Swasev, Trinidad de Cu ba. SAVANNAH, Dec 18.—Arr., barques Prescott Spear, Boston; Favourite, Litbgow, Liverpool.