entitled to take precedence of all other metals, for the several uses to which it may be applied. The French Marine Commission have recommended its use in the French Navy, and J. W. P. Lewis, Esq., an accomplished engineer of Philadelphia, who speaks from actual observation, and careful notice of the results of several experiments made on galvanized iron, fully coincides in the views taken by Brande and others, that iron, when galvanized, is fully protected against rust, and we hope ere long to see it universally adopted in every section of the country. The principal establishment at present engaged in its manufacture is that of McCullough & Co., who, in 1847, erected works on an extensive scale, at North East, Cecil county, Md., on the line of the Philadelphia, Wilmington, and Baltimore Railroad, for the manufacture of all kinds of sheet and flue iron. They have also just completed an extensive rolling mill in the same county, on the Big Elk Creek, about two miles from Elkton, Md., operated by water-power, with a fall of over twenty feet. The fly wheel of this mill is over twenty feet in diameter, weighs 40,000 pounds, and is capable of making ninety revolutions per minute. The rolls are thirty-six inches in length and twenty-four in diameter, and are calculated expressly for the manufacture of the gal· vanized sheet iron, for which purpose these new works were designed. The sheets are rolled from the best charcoal blooms, and have been found far superior to the English make, as they will work into many articles for which the foreign will not answer, being too brittle and not suitable for flanging or seaming, as practised in metal roofing, being liable to crack or break by that process, and consequently making the roof imperfect; whereas the iron from McCullough & Co,'s is so malleable as to entirely obviate that objection. It is seamed on in the same way as tin, and is now being very generally used in place of the latter, being cheaper and more permanent. The foundry of Mr. Huston, as well as many others in this locality, and the Farmers' and Mechanics' Bank in Chestnut street, Philadelphia, are roofed with corrugated sheets of this material, which for beauty and durability cannot be excelled. The iron is first rolled at the works, and then sent to their establishment in Wilmington, where it is galvanized and prepared for the market. BANKING. FREE BANKS. the Cincinnati Gazette.) deposited, Notes issued, and Description of State Stocks, Description of Stock. $517,681 Indiana 5 & 21⁄2 per cents. Ohio 6 per cents. 87,210 Indiana 5 per cents. Missouri 6 per cents. 119,933 Indiana 5 & 21⁄2 per cents; Virginia 6 per cents. 77,357 Virginia 63, Michigan 6s, Indiana 5s, Missouri 6 per cts. 208,000 Louisiana 6s, Ind. 5 & 22 p. cts, Va. 6 p. cts, Tenn. 6 p c. 177,759 Indiana 5 p. cts, Michigan 5 p. cts, Pennsylvania 5 p. cts. 71,320 Indiana 5 per cts, Virginia 6 per. cts, Louisiana 6 per cents. 100,154 Michigan 6 per cents, Indiana 5 per cents. 50,500 Indiana 5 per cents, Virginia 6 per cents. 49,798 Indiana 5 per cents. 109,314 Indiana 5 &2 per cents. 60,000 Indiana 5 per cents. 100,000 Indiana 5 p. cts, Pennsylvania 5 p. cts, Virginia 6 per cts: 62,566 Indiana 5 & 22 per cents, Georgia 6 per cents. 100,000 Indiana 5 per cents and Virginia 6 per cents. 70,000 Indiana 5 per cents, Missouri 6 per cents. 81,250 Virginia 6 per cents, Kentucky 6s, Indiana 5 & 2% per cts. 100,000 Indiana 5 per cents and Missouri 6 per cents. 190,000 Virginia 6 per cents. 50,000 Indiana 5 per cents and Missouri 6 per cents. 320,000 North Carolina 6 per cents and Louisiana 6 per cents. 150,00 Indiana 5 & 21⁄2 per cts, Missouri and Louisiana 6 per cts. 72,098 Indinana 5 per cents and Kentucky o per cents. 68,400 Indiana 2 & 5 per cents, Missouri 6 per cents. 189,600 Virginia 6 per cents. 10,000 63,512 Indiana 5 & 24 per cents and Virginia 6 per cents. 155,000 Indiana 5 p. cts, Virginia 6 per cts. Louisiana 6 per cents. 139,000 Virginia 6 per cents. 170,000 Missouri 6 p. cts, Va 6s, Louisiana 6s, Tennessee 6 per cts. 236,000 Virginia, Georgia and Kentucky 6 per cents. 114,000 Pennsylvania 5 per cents, Louisiana 6 per cents. 120,900 Virginia and Ohio 6 per cents. 13 144,479 Indiana 5 per cents and Virginia 6 per cents. 90,000 Indiana 24 and 5 per cents. 110,000 Indiana 24 & 5 p. c., Penn. 5s, Tenn. 5s, Louisiana 6 P. cts. 51,623 Louisiana 6s, Ind. 5 & 2 p. cts, N. Carolina 6s, Tenn. 6 p c. 49,985 Missouri and Louisina 6 per cents. 195,000 Virginia 6 per cents. 73,000 Pennsylvania 6 per cents and Indiana 5 per cents. 100,000 Virginia 6 per cents. 87,152 Indiana 5 & 24 per cents, Missouri and Virginia 6 per cents. 49,998 Indiana 5 per cents. 35,496 Missouri 6s, Ky. 6 p. c., La. 6s, Georgia 6 p. c., Ind. 5 p.c. 36,000 Louisiana 6 per cent. INDIANA (Conti (Prepared expressly for Statement showing No.,; Names, Location, Capital, Stocks NOTE. The Pennsylvania 5 per cents, are received for a oasis at The State has and will be purchasing this class of Stocks at 62 for liquida and will soon return a larger amount. Many of the Banks are retiring their circulation, and since this was made out, is going on. NOTE. Copied from Supplement to FREE BANKS. nued.) the Cincinnati Gazette.) deposited, Notes issued, and Description of State Stocks, 75,400 Indiana 21 per cents. per cents. 50,000 Kentucky 6s, Tennessee 6s, Indiana 5 per cents. 97,414 Georgia 7 per cents, Carolina 6 per cents. 124,995 Indiana 5 & 2 per cents, Virginia 6 per cents. 300,000 Virginia 6 per cents. 49,218 Pennsylvania 5s, Indiana, 5 per cents. 105,000 Virginia 6 per cents. 50,000 Louisiana 6 per cents. 47,996 Virginia 6 per cents 52,000 Louisiana 6 per cents. 50.000 Virginia 6 per cents. 85,000 Virginia 6 per cents, Indiana 5 per cents. tion. We have also paid off over $100,000 of the principal of our State debt, $100,000 circulation has been returned, and Bonds taken up. the Railroad Record-Sept. 7., 1754. Every day this J. P. DUNN. |
