And the “ Great Carolina Marl Bed.” VG 
lars per acre, immediately advanced to twenty, and 
have been going up steadily ever since. One plan- 
tation, belonging to a widow, valued formerly at 
six thousand dollars, was bought by the Charleston 
Mining and Manufacturing Company for forty-five 
thousand, and is now valued at $500,000. Sales have 
been lately made to other parties at $1.000 per acre. 
The Company owns about ten thousand acres of the 
best quality Phosphate-rock lands carefully selected 
by competent persons. It has a mining lease also of 
about twelve thousand acres, for which they are to 
pay a royalty of one-tenth of the rock mined. 
On the resignation of Professor Holmes as Presi- 
dent, and Dr. Pratt as Chemist and Superintendent, 
the office of the Company was removed to Philadel- 
phia, where most of the Directors and Stockholders 
reside. 
Jesse E. Smith, Esq., of Philadelphia, is now Presi- 
dent and the largest stockholder. Colonel Joseph 
A. Yates, of Charleston, is the Superintendent of the 
Company's Works on the Ashley. 
ARRIVAL OF THE FIRST CARGO IN PHIL- 
ADB IEP EVA. 
The arrival of the first cargo in Philadelphia caused 
no little excitement in mercantile circles, especially 
among manufacturers of fashionable fertilizers, and in 
a very short time after the chemists of that city, New 
York and Baltimore had pronounced it a true Bone 
