The New York Herald Newspaper, December 6, 1853, Page 3

POLITICAL NEWS. ational Democratic Mee im Cleveland. x [From the Cevelani Dee. 8.) eo new ball of the “Old Line Democratic Ansocia » on the public equare was o for the first tine on Thursday evening, the lst of December, The pro- ‘were appropriate to the occasion. The hal, swhich is hut will contain several hundred, was Brilliantly lighted and handsomely decorated with busts and engravings of distinguirhed living and deparied statesman linmediately back of the President's stand was s full length likeness of Washington, To the right swase bust of Lewis Cass, and to the left ove of Daoiel ‘Webster, two of the supporters of the Compromise. In oleae prcxivnity was a like: oss of the distinguished author of the messuie. and of Calhoun, Woodbury, Dixon H. Lewis RK. M. Johnsoa, and other democrats of note. At nd of the hall was the Declaration of Inde uspended. ppointed hour, Bev, Harnixotoy, Ezq., the tthe ase ¢iation, took the chair and called the meeting to order, He remarked that he did not on that ‘ceeasion propose makirg any set speech, for he presumed that it would not be expected of him. He proposed Briefly to allude to the circumstances under which tae Assccixtion had assembled. Iti object was the advance- meat of sound national democratic principles. The imme‘iate object of those present was the dedication of ‘the hall to the cause sf national democracy. As there ‘was some preliminary business to be transacted, he would forego any fur/her remarks and call for she reading of the minutes of the last meeting. ‘The minutes were accordingly read. The reports of eommittees were then received, after which various let- ters from distinguished Individuals to the association wore read; among others one from the Hon. Greene 0, Bronson in responee to complimentary resolutiony. Gen. Ross, cne of the Vice Presidents, was culled upon fora speech He took the stand, and for the space of half an hour addressed the audience with much effect upon the various topics of national character which at nt agitate the public mind, He remarked that it ‘was not his object to assail the administration of the ral government. Although public expectation had very generally disappointed in the aot and appoint- ments of the executive ard the cabinet, he still falt dis- 4 to do them justice in sanctioning any measures that ‘wore worthy of support. Gen. Pieroe was elected upon the broad vational principles of the party and should ave responded to the sentiment that elsoted him by calling around him able and enlightened statesmen of the mational cemocracy insiead of the heterogeneous materials ef which the cabinet is composed—representing the fag énds of 2/1 factions, abolitionists, free soilers, secessionist, and pullifters, &e. "It was impossible that 4 cabinet thus eonstivuted itner work harmoniously, or that ite sets should r public expectation. Such a cabinet eould not represent the great demosratic sentiment of the pation. Hence it was that Gen. Pierce, in deviatin; from the national platform and from the senti: the inaugural, douvtlers iutluenced by bad coui lors, ad ron counter to pubiic seutimeot. Thé first great mistake was in the removal of Judge Bronson, a vational democrat, because he would not reward the Van Buren teaitors who deserted the party in 1843. This act could not be justified or sanctioned by the grant body of the democrats of the United States. The Empire State had already set her seal cf condempation upon the act—hun- dred thousené democrata jonsl democrats who had ‘yoted for Franklin Pier ad spoken thr ugh the ballot box (in language which could not be mistakay,) their sentimen’s upon this subject. In these and similar re- marks Gen. Ross occupied the time specified, and was Matened to with marked attention A. D. Crank, Eeq.. was then loudly called for, and re- spond'd ina brief and happy apech, in whish he express GA hin devotion to the preat ‘uational principles of the rty. He remarked, as did the previous speaker, that Woalict wan to teacnnee the administration, although there were some ac's of the exacative an! the Osbinet that did not meet with his concurrence, ife alluded to ‘the removal of faithfal public officers, whose principles and whore buainesa capscity could not wrllbe called in question. There was a case cf this kind nesr at home which bad excited his attention. The individual had heen superseded by one who had not slways besa found bat- ting for the principles of the party; but wus found doiag efficient service 1m the ranks of the opposition. For the last two or turee years he bad, in @ measure, withdrawn Aimeelf from party politios, and consequently was not as wel) posted up as he might be. He did not therefore think that be could, at this time, cirner do fistica to himself or tity the audience by any extended remarks, en Mr, Clark resumed his seat the reading of the toasts was called for when the members of the aseos tion and invited guests took treir seats around the festiva board—the President at onw end of the table, and the first ‘Vico Preri‘ent, Wm. Melhinch, Eaq., at the other, sup- ported on the right and left by the other offixers of the Association. The regular and volunteer toasts were then acd ¢rank, accompanied, in many instances, by thundering applause; the Hecker Brass Band all the whil discourring the most enlivening airs, such as ‘ Hail Yumb's,” Yankee Doodle,” The Star Spangled Ban- wer,’ &. REGULAR TOASTS. ‘The National Democracy— Broad, liberal and expansive fn ita views; itis the demooracy of the country—the de- maocracy of the constitutio: 't was the democracy of the immortal Jefferson, of Madison, and of Jackson will continue to be the demucracy of all who uphol tations of the country and desire to see them per; The War in Europe—May its tendency be to ttle ‘the thrones of kings and ce pots, who assume, by Jivine it, to lord it over the people and advance the princi- which is the basis of a!] free institutions, that man capable of ‘overnment, ‘The National rate of New York—They have eonte:ded manfully for the great principles of the party, and the tri: eng manner in which they have sustain- ed themselv: demonstrated that they are not to be “geduced by the blandishments of power or terrified by its frowns.” Dickinson, Bronson and O’Conor—The incor- defenders of th P Cass, Dichinsow, Brady, Stockton, Weller, Brigh ‘Foote, Rusk, Houston, Burke, and other pillars ‘the National Dem y they continue te stand steadfast and battle manfally fer the great principles of and uphold the constitution and the integrity The Naw Youx Hrrarp, the Washington Sentinel, the Democrat and the Albany Argus— New York National Faithful sentinels on the watchtower of national demo- exsey. ‘The Ladies—Their patriotism is nie sy only their devotion to the Uniom. They are for the U: wa ‘Wo. Aunnr, Esq., responded to the fifth regular toast fman eloquent and happy manner. He said that the ational jocracy was the demoeracy of the whole eountry. It was the democracy of the constitution, for | ‘it was founded on the constitution. It was the only de- meeracy that gave to the several States all the rights to which they were entitled under the constitution. the democracy that would lsat as long as lasted, and would go down cate when the constitution went down. It is impossible to do justice to the Judge's pe eel in this brief report. He was enthusiastically throughout. Prof. Morton responded to the eighth a truly eloquent and felicitous, His theme being war in Kurope, he passed in rapid review ; upon the eon¢ ition of the several countries in the old world and the re influence which the contest bet ween Rus: nd ey would have upon them. the followir g sentiment ‘The War in te its tendency be to advance ‘the cause of liberal principles throug aout the world. Mr. D.N, 0. Manonzr, of New Orleans, res to ‘the sentiment of the seventh volunteer tosst. T' wrongs eee of rg and of Irelands Patriots, rere eloquently portray 6 speaker, who enthaiued the audiecce for ton’ or “aftooa alauter! He was frequsatly Chad shipe hla hdres Mr. Ma- honey closed after 5; ‘oung Ireland posing the bealth of Your ‘america. “pal LAG 0, Mationy.—May the line which bounds the wat that has received John Mitchel with so much h.s- Pitty be extended. Mr. Guuason, of New York, responded to the toast com- plimenting the adamantines of New York, and gave asa sentiment — The National Democrats of Ohio. Other \tlem« favored the compan: among the nember the Hon Joun Gi, Af- ging of a number of songs the assembly dis- i well pleased with the entertainments of the Union Resolution in ia. In the Georgia Senate, on the 20th ult., Mr, DUNNAGAN ® resolution, as follows:— Resolved, by the General Assembly of the State of Geor- That we approve of and concur in the statements and Principles maintained by Andrew Jackson, in hia procla- mation of the 11th of December, 1832, and in his special ge of the United States, transmitted fan. 16, 1883, in reference to an ordinance passed by the tate of South Carolina, (declaring it to be the constitu the oll eect Be bl; ric he ektbe pein 4 or ) peaceably if she might ited it forcibly if th visions of said ordinance should b> lated, being the only correct principles that can re the permanency and stability of the Union of these led States, and perpetuate our nationality—the only a hope of the continuance of republican govern- On motion of Mr. Mriixr, one hundred copies of this ution were ordered to’be printed for the use of th with short 08, Yer the persed, evening. dman M, Price’s Election Contested. in New Re a We are informed that Rodman M Price has been noti- |, says the Trenton Gazelle. that his «lection as Govern- of New Je: will be contested. We have a copy of notice that been served. It reads as follows:— “Mr, Ropman M. Price:—I@o hereby give notice that I d to consent election as Governor of the State New Jerrey at the last election had in this State; and t in such contest I intend to rely upom the ground t you were and are not eligible to, or quslified for, that lee, because you had not been a resident of this Stae seven years next before that election; and because the teven yoars next before that election you had ded out of thi State, when not ebsent on the public ness of tt @ United Siates or of this State. Your obe Hent servant. JOEL HAY WOOD. “Dated Nov. 29, A. D, 1863.’ Su 6 Court—General Term. Bon Judges & monde, kwards and Morris prosiding. Dro. 5.—At the citting of the court this morning the iding judge announced that as one of dmonds) term of oflice would expire at the end of this th, and another of them (Edwards) was called to the purt of Appeals for next year, the General term would pt rit longer than next Friday week in order to give em time to make wp their decisions on the different sub mitted to ther, jatter of the application of the Mayor, cfe., of Now ative to the widening of Wall street on the northerly He telween Broadway and Nascau stret.—The motion to mins the appeal taken by the Mayor, &9., from the or- male in the above matter at spesial term in Angast, 2, and Mr. Field haviog been heard in oppositton to and Mr. Titas on behal! of motion- and Mr, on having been heard in behalf of the Mayor, &., it ordered tbat the motion be and ths wamo is hereby de- wilh etviske The argument punt- d Ul the seoond Friday in the mouth. r toast ina | He closed by offering | justloos | | | Dlustaation of the fate that would be | ten of them would ever see Russia and British India. * The following articie, extracted from an East India newspaper, is invested with some interest in eonse- quence of 8 rumor, brought by the last European steamer, that Russia contemplated a hostile demon- stration against British India. The report referred to, however, waa not supported by any reliable authority Jom the Delhi (India) Gazette, July 6.] Will ussia, with her war establishment of a mil- lion of men, ever invade India? We are aware that the orthodox answer to the the question rune in the sflirmative. And yet weare bold to esy that the idea of a Russian invasion of India is an abeurd chimera, which ought to have no lodging place in any well-regulated mind. hen England ceases to be a nation, when “the traveller from New Zealand, in the midst ef a vast solitude, takes the stand on a broken arch of London Bridge to sketch the ruins of St. Paul's,” then India may have chan masters. But her masters will be Saxons still. They will have come from across the water. Perhaps the “Traveller from New Zealand” may be among them, or more probably they will come from Australia, the blest in gold. This question, however, may be safely left to Mr. Macaulay. All we care for is, to assert that the invaders of India mu:t come by sea; and that they can never come ab all so long as England is England. Supposing for a moment that if a Russian army of one hundred thousand men were to make its appear- ance on the plain of Peshawar it would not be igno- miniously beaten, we assert that Russia has no means of showing such an army at such a place, no means of producing any army at all there. ‘To show such a front at Peshawur, Rossia must march twice that number from the shores of the Caspian; for at least one half would on the road die, or desert, or be killed, or in some manner disappear from the roll of effective men. Now, Russia could no more manage to march two hundred thousand men from the shores of the Caspian than she could manage to extricate her fleet from the Black and Baltic seas, where in the event of a war it wouldjbe “corked up” by our Terribles and Retributions. The <Algemeine Zeitung, the leading journal of Continents! Europe, (now that there is no French press,) has recently published a remarkable article on the military power of Russia, The Russian army, on its nowinal war footing, consists of 1,049,000 men, who are divided as follow: Infantry seeee 624,000 Regular cavalry. a +++ 105,000 Irregular cavalry (Cossacks) » 135,000 Gendarmes, or “military colouists,”.... 130,000 Men of “special arms,”......... ‘ 55,000 DORM ics crc ccsccenssceeneess +++. 1,049,000 At the very first glance the r great many of these are mere ‘‘men in buckram.” The Augsburg editor disposes of one-third of them very sum! ly, and yet by a very rational process. He rbows that out of the 600,000 men whom the Emperor Alexander counted on paper only 420,000 were “effective men.” By the same rule, out of the Preens Czar’s million of men only 675,000 will fight. Further, the Emperor Alexander could onl; oppose 180,000 men fo the first onslaught of Napol leon’s army. And this was in a defensive war—defensive against a blow struck at the heart of the empire. Clausewitz, the Russian staff officer, who is the au- thority for this, says that two months after- wards Alexander “ would have been able” to bring 320,000 men into the field by exhausting all his resources. Of Cossacks theré were never at any time, he says, more than 20,000 in arms. Icdeed, this German editor quite pooh poohs these terrible Cossacks, whom he pronounces to be “ of little account, however convenient ia defensive war.” How, we wonder, will the Cossacks like being “made a convenience of” in this way by a fellow of an editor? But he, this editor, goes on to show that it the Russians could concentrate 420,000 men in Poland, they would be doing the best that their his- torical aatecedents lead him to suppose they could do, and here we may remark that doing their best in Poland’ and doing their best on the shores of the Caspian are two very different things. Finally, the editor asserts that the largest army that could ever, under the most favorable circumstances, cross the frontiers of Russia for aggressive purposes, would be 280,000 men. It was even with “ a great effort” that the Czar poured 150,000 men into Hungary to put down friend Kossuth. And then our respected Sontem porary, at Augeburg makes the profound re- mark that an army is “an expensive affair.” To which we would respoud “ rather,” ‘This is the substance of what the German editor says, and we think that thus far he may be relied ny He manages to grow very comfortable over bis deductions, arguing himeelf into the belief that Europe has nothing to fear from Russia, and that the premises of the Algemeine Zeitung will never be invaded by the Cossack. How he ae up this stock of assurance we shall not inquire. Tous it appears that Europe has a great deal to fear from the Cossack. If we were at Augsburg instead of at Delhi, we should be the last person to snap our fingers at threats of Russian aggression. But it is a “Tar /? from Muscovy to Ind, and hence our well founded confidence. For if Russia can only march 280,000, or say 300,- 000 men into , she certainly cannot march half that number into Asia. Still less, - having marched them,could she provide for their sustenance along the dreary wilderness which they must pass before reaching the confines of India. The case of the expedition to Khiva bas been well worked as an in store for suchanarmy. Yet let us graut that 100,000 fight- ing men survived the horrors of the march, de- ployed on the parade ground at Peshawur. We say ey wonld be ignominiously beaten, and that met again, except through that clemency which the British always ex- tend to the conquered. And we are really tabameed of our countrymen in India that one has to vindicate such a belief. India herself, alone and without aid from England, could with her present peace establishment face those insolent Russians with 20,000 British and 100,000 fepoy bayonets, to say nothing of artillery, of which India has the best in the world and ia the worst, And months before the Cossack vanguard had en- tered oe on one side, the passes leading from hanistan to India would have been closed on the other. Are we such despisers of his- that we have forgotten the lines of Torres Vedras? Woe to the wretched Russian Massena who should attempt to force the Khyber when Britons defend it! Come, now we have got up a little national spirit, weare read} to beat the Russians with our own sepoy bayonets, aye, and sepoy generals. But Eng- land, though she would chee: fy yield to India the slow of that achievement, would not expose us to ita eril. Before a Russian army had reached Khiva, jwenty thousand, fifty thousand, any required num- ber of British troops would have been disembarked A ee ribo but ane, in ld were thousand British troops drawn up in one tin d po ey it was for the gala show “en & peace! fal field day. This is because such a British army was never yet needed. The Duke generally found twenty thousand Englishmen sufficient for his business, as Marlborough had done before him. But because Eng! has hitherto found a small army quite sufficient to vindicate her honor, are we to infer that she could not raise a large one if the oc- casion demanded it? Woshould just like to see Eng- land playing at “ beggar ny eyelet with Rassia, soldiers sd eards, and the Peshawur plain the card table. We venture to say that every Raseian soldier who might be placed on the ‘would be incontinently snap; ey an Englishman, and another Englishman looking on all the while to-see the sport. Not England only, but the Australian colo- nies, would send us hordes of soldiers, or of the raw but true stuff that scldiera are made of, and there would be time to drill the rawest recruits into an twice over before the infatuated invaders made appearance. ere are scores of other considerations, the very thought of which makes the idea of a Russian inva- sion appear to us pre-eminently absurd. County Canvassers. The Board met at noon yesterday, with Alderman Compton in-the chair. The returns from the Fourth ward, which had been went back, in order to have a copy of the tickets voted attached, were presented by Alderman Oakley, and were accepted, Mr. McKxon, on behalf of his client, Mr. Maguire, who protested against Mr, Clark taking his reat in the Third Ansembly district, asked the Board to fix a day when they could hear his argument in the matter. The members decided to give the question their attention to-day, On motion, all the members were notified to be in at tendance to day, to settle the difioalty in votes at issue between Messrs. Blunt and Shaffer. The sixty-five votes east for James E. Cook, in the Eleventh ward were allowed to James M. Cook, for whom they were intended. The votes cast for Peter Y. Cutler, for Judge of Superior Court, were deci ied upon, 4 letting them remain as cast —4,804 for six years, 17,886 for two years. By this decision, Mr Siosson is declared elected. On motion, the Board adjourned to this (Tuesday) nooa. United States Circuit Court, Before Hon. Judge Betts Two. 5 —True Bills.—The Grand Jury came into court and rendered bills of indictmont in the oase of the United 8 gainst James C, Urben, alias Peter Manly, for an erdeavor to make & revolt.on board the ship Marathon, in the port of Havana, in October, 1858; and in the case’ of thesame agninst James Moriison, tor obstructing at officer, v rben, pons called on to plead, pleaded guilty. Sentence jeferred. * On the motion of Mr. Dunning, Associate United States Attorney, the following prisoners were called on to plead, and they reverally pleaded not guilty -— Martin Mine, for an endeavor to make a revelt and con- fining the master of the schooner Isabella; Ann Lynch, or pasting counter eit coin; William Dixon and James Gootain, fcr an assault with a dangerous weapon: Rishard Smith, for passing counterfeit coin; Thomas Siac Bailey, Edward Low ey, and Thomas Keno, fran ent tomoke # revelt; Cb Jashay, James Howard, Peter Murphy, and Wm, Harvey, for an endeavor to make a ho cause being ready, the trials were postponed till Mouday wext, and the court adjourned to this moraiug, s Before Hen. Judge Mitob+ Ul. Pa poor! gag son Extradviom Case.—Alexan- der Heilbonn, by the British Minister under the Ashburton treaty on a ebarge of fo:gery, and whose case ip before Mr. Commissioner Nelson, was brought before court and his discharge demaaded. Mr. Nelson’s return to the writ states that the scoused For ero pao bat is in the oust of the United States Marshal, that he was on & warrant issued by him. as Commissioner, by the directions of the President of the United States. ‘The Marsba) returns answer to the writ that he holds the prisener under a warrant of the Commissioner. ‘The case is adjourned to this (Tuesday) morning. FINANCIAL AND COMMERCIAL. MONEY MARKET. Monpay, Dec. 5—6 P. M. The four leading fancies, Nicaragua, Cumberland, Erie, and Reading, were in pretty active demand at the first board to-day, but prices were unsettled. Time opera tions, buyer’s option, were large, and the market was in that way sustained. Erie Railroad advanced % per cent; Reading Railroad, %{; Nicaragua, 3. Erie Bonds, 1871, fell off 44 per cent; New York Central Bonds, 34; Cum: berland Coal, {; Crystal Palace, 12. Bank stocks were freely offered to day but the sales were only to a moderate extent, The mystery which hangs about the internal affairs of these institutions deters many from purchasing, and, no dobbt, has induced many to sell. One would think from the boid manner in which every report or state- ment made relative to losses incurred by loose, careless management had lately been contradicted, that a bad debt of any kind or in apy shape was s thing unknown among them. So long as they pay dividends, no matter whether ea: ned or not, the stockholders will doubtless be satisfied, and not trouble themselves about the frauds and delinquen cies daily practised by the swarms of speculators and swin dlers ia this community upon the banking institutions of Wall street. We want shrewd, practical sound, sensi ble men at the head of these banks, and then they will b> really useful institutions, instead of a curse to the legi'i- mate financial amd commercial classes of the country a large. We want men who cannot be swayed by any set of speculators who may from time to time beset them, and draw them into the support of every wild scheme presented by the withdrawal of accommodations from mercantile men who are best entitled to credit. It is well known in Wall street that, as at present organized and managed the banks are nothing more or leas than so many stock jobbing establishments, the capitals of which are almost entirely devoted to the expansion and depression, from time to time, of the market value of fancy stocks. ‘The receipts of the Erie Railroad Company in Novem- ber, 1863, amounted te $503,827 50, against $348,888 89 in the same month lest year, showing an increase of $154,488 61, We understand the estimate for November, 1853, was $400,000. The actual receipts have exceeded the ectimate more than twenty five per cent. The Delaware and Hudson Canal Company has declared &@ semi-annual dividend of four per ceat. The Citizens’ Fire Insurance Company, ten per cent; the Portland, Saco and Portsmouth Railroad, three per cent; the Merrimac Manufacturing Cumpany, five, and the Atlantic Company, four per sent, It having been reported that the proposed railroad route surveyed from Hoboken through the interior of this State to Syracuse and Canandaigua, had been abantoned as impracticable, we are authorized to eay that such is not the fact. It has been demonstrated by a competent surveying corps, that a route exists through the counties of Bergen, N. J.; Orange, Ulster, Sullivan, Delaware, Otsego, Chenango, Cortlandt, Onondaga, Cayuga, Seneca, and Ontario, N. Y.; which, in distance, gradients, curva: ture, and oost of construction, will compete favorably with any route now known. ‘The foreign news is looked for with the greatest anxie- ty, The significant statements communicated jp the posteript of the Barings’ le:ter, that British consols had fallen a half per cent, on the rumor that Lord Aberdeen Lad given place to a minister of more warlike views, and with it the premcnitory symptom that the whole of Europe is eventually to be drawn into the controversy, pregnant with such impertant results, arising out of the war raging between Russia and Turkey. To this country the prospect portends matter of serious‘moment in a financial view, and we do not see how we can escape the consequences which must attend any additional demand for the pre- cious metals, the rate of exchange already ranging at that point when shipping of specie is the most profitable source of remittance. If England engages in the contest, the Bank of England will be drained rapidly, and with » fallin the public credit here, bankers will be forced to send back our stocks with positive orders to return the proceeds in gold andsilver. There will be no stopping- place to this source of drain from our shores, and, should five per cent of the stocks held abroad be returned for sale, the amount being estimated at $350,000,000, the entire specie reported in our banks would not supply the cemard, That @ general war will out of the difficulties now existing in the East, ‘moving through Persia to the Possessions of Great Britain in India, none who will ox ‘amine the subject with dispassionate judgment, can ques- tion that the policy pursued by the Emperor of Russia has been most adroitly carried on; he has gained time, and new that the Baltic and Black Seas are clesed against the fleets of France and Great Britain, he is free to employ his whole force against Turkey, which, if interfered in will ineure the active co-operation of Austria with the Russian power. The result of such a combination will of courte, be a general military movement, which can only be sustained by an amount of gold and silver never be fore employed in military operations, The amount of trearury notes outstanding on the lst of December, was $114,361 64; of which $108,811 64 was of issue prior to July 22, 1846. The receipts at the office of the Assistant Treasurer of this port to-day, amounted to $95,061 71; paid, $56,569 93—leaving a balance of $4,777,302 18, Judge Hudson, in charging the Grand Jury of the Green- brier Superior Court, Virginia, said that it was of mo use for them to indict any one for the offence of passing small Dille—all were more or less guilty, himself not excepted. ‘The Fort Wayne, Lacon and Platte Valley Air Line Rail- road, running from Fort Wayne to Couacil Bluffs, near the mouth of the Platte river, a distance of nearly six hundred miles, we learn from a Western paper, has been yut under contract. The contractors are Messrs. Burt & Co., of Cincinnati, who agree to construct and equip the entire line, The terms are one-third cash and two-thirds in the bords and stock of the company; Messrs. Bailey, Broad & Co., of Pennsylvania, and Mesas. Backingham & Love, of Ohio, were alao bidders; but Messrs. Burt & Oo.’s being the lowest, the contract was awarded to them. The work is to be commenced in ninety days from the date of the contract, and to be finished from Fort Wayne to Rochester in twenty months from the time of commenc- aselaer in twenty-six months; and the Illinois Central road, a distance of about twenty miles, in nine months. From New Boston to the Military Tract road in twenty four months, and forty miles on each end of the Iowa Division in twenty. four months, and the whole line finished within five years. The Governor of South Carolina, in his message to the Legislature of that State, is the annexed exhibit of the public @nanoes on the lst of October, the close of the Jast fiscal year i= Finances oF SouTa CaRrorina—PURUC 5 per cent Fire Loan Bonds, payable in don, '68 and '68. Me AND AS#ETS. $987,777 78 6 por cent Fire and 70, 806,590 15 6 per cent rin; 3 8,418 3: 5 per cent 1838, balance. 45,214 8 8 percent at nominal value, $117,438 40, wut at market price would amount to,..' 73,086 19 Total.......+5+ seeeeceee $1,870,986 76 ‘The treasury has peid from the sinking fand, since Ist of October, $6,032 60 of the six per cents of 1839, reducing the balance to $2,486 80. The bank also holds of the five cent stock of 1888 the sum of $6,679 11, and also Treat 53 of the three per cente, which was purehased with the sum of $4,668 16. The amount of indebtednes: is diminishe’ by these several payments and purchi The assets of the State consist of the bank ard various railroad stocks. The assets under the charge of the bank may be summarily set down as follows:— Total funds in the bank, as exhibited by the annual statement Ist October........ Deduct bank Mabilities, is: ues, deposite, & Balance, being amets, the property of th es. South Caroll Greenvilie Railroad Company. Wilmington and Manchester SS Chariot King’s Mountain Railroad Company, Laurens Railroad Company...... Total.......+5 $7,919,932 49 086, BTTOTOP AG OTR eke du In addition to the funded debt due by the State, there in due to tho bank the sum of $177 691 22 for cash paid to ‘he South Caroling Raflroad Company, when $25 per share on the stock of that company was caliedin. As the wholo par value of the stock is set down among the assets of the State, it is necessary to notice this debt in an estimate of her fioancer. The profits of the bark during the year have amounted to $630,000, exceeding the profits of the previous year $21,694.93, From these profits have been paid the fire Joan debt, $100,063, and the balazeo car ied to toe sink- ing fund amounts to $229,037. The account oxhibity » jarger balance than usual; but the bank has adranced to contractors for arma, &., about $51,000, which is a sat off egeimst this balance, The sum of $75,500 has also been adranced to the Greenville Ruilroad Company, which is the arvount of the assessment on fhe stock held by the Ftote in iat company, avd which, if paid by the Sit Treabe & farted iecustieg Of the bweu beiewve inthé treasury. The bank holie the notes of the som pany, wilh scourity, for the amount of the advance, ‘The annexed official statemeat exhibits the condition of the four leading departments of the New York city banks, on November 19 aad 26, and December 3, 1853, It should be borne im mind that these returns give the average amount for the week, and not the actual condition on the morning of the day reports are dated. This prevents all preparations for the purpose of making « favorable shew — New York City Baka, Nov. 19, Loans and Discounts. Nov, 26. Dec. 3, Corn Exchange, East River... 07 617,764 506,382 1,904,341 1,048,476 3,750,709 8,834,641 610,740 d 1,022,048, Mechanica? . 098 3.704.558 Mechanics’ Association. 1,132,172 1,105,764 Mechanics’and Tracers’ '674,627 _"6¢4/208 Mercantile , 1,545,417 1,674,221 Merchants’..... 466597 3,192 638 Merchants’ Eachange.. 2,285,717 2.845.077 Metr: politan 2.77),855 2,887,048 National. 1,555 429 540,697 Nasvau 2. "866,218 368 North River 1,552,804 1,155,778 New York Dry Doc 427779 =" 440.062 New York Exchange. 9 1TL413 Ocean. . ++ 1,324,431 1,817}299 872 916 "368,730 800,477 773,979 792,849 798'487 2,501/624 3,71 Soffolk... ‘Tradesmei Unions, 2)413/410 $80,717,622 $84,802,630 $85,624, 750 Deposits. American Exchange,. .$4 050,709 $4,284,910 $4,263 948 Atlantic s.ceseeee 226 845 222.357 "247,073 Bank of America 2,751,775 - “Commer: 8,023,021 177 “ 834,071 “ 2,553,310 1,363,092 Bowery Broadway Butchers? Central Chatham. $86,877 859,163 Chemi¢ 1,219,931 1,225,983. 459'820 "469 831 1,840,423 1,884,671 1,629,851 1,686.817 693,611 "686,695 189 71 126 349,639 941,021 380,458 482,962 661682 683,391 627,223 412348 416,802 104,018 113,119 325,902 297,717 1,123,445 1,046,645 2,215,988 2,880,792 891,003 "452,352 593,942 699,340 3,270,774 — 4,180,063 in 780.258 = "787,703 Mechanics’ and Traders’ 431,851 415,260 Mercantile New York Exchange, Ovean. . Oriental . 774,155 746,810 2,027 826 1,995,202 + «+957 446,424 $58,073,076 $58,485,207 111,888 178,516 176,013 Bat 205 150°080 7 125,194 124,546 ; $3,119 83,461 Knickerbocker ........ 90,671 86, 89,739 Leather Manufacturers’ 269,952 249, 242,703 Manhattan, . 858,101 369,028 Marine + ge 98461 98,131 Market + 110,100 109,800 109, Mechsnies’ ) 845,002 886,987 Mechanics’ Association 279,612 262, 269,050 Mechanics’ and Traders’ 123,910 132,258 + 136,718 116,842 118,515 2, 283,010- 269,084 168,016 162,846 $1,901 89,811 346 161,619 107,766 167,820 263'578 261,183 182,853 130,001 118,200 120/164 137,059 136,676 93,602 112'473—114,287 145,017 143,266 232, 223,392 235,194 229,065 118,614 (116,114 72601 72,679 82879 80 218,714 978,306 281,002 © 208/212 Total... .s++s+0+ 99,151,443 $0,032,769 $0,183,556 cy American Exchange... $871,388 $425,270 $086,285 Atlantis 28960 29, 40,008 945,81 872,812 113,688 183 761,834 848,080 134,191 108.081 737,511 438,871 80117 29,711 16 vite 76, 8,021 81,495 142,042 331 87,976 = 21,518. 27,490 97,422 322,129 334127 31,163 89, 139,911 169,628 1,194 285,275 80,517 115,084 rt 85,044 { 38,238 212072 217,228 22 86,032 78,008 == 120,181 et aha 257'368 588, 568 94,975 68,921 1,046,703, 64,985 62003 196,697 1,639,404 251,000 624,239 363,908 82 373 122,408 84,410 New York Dry Dock. 84,088 483 New York Exohang f 11,875 Ocean, 4 65,648 Oriental 402 64,946 pl 46,060 Phoenix,. 471,033 Seventh Ward., 162,471 Shee and Leather, Vasviteree oe Totals sssconeerer ‘The condition of the leading departments of the banks of this city, at different periods, compares as follows:— New Yonex Orry Baya. 996, 620, 912,174,600 . 97,806,617 9,510,465 9,746,462 + 96,662,277 9,451,945 10,654,618 + 98,866, 9,424,786 11,1 923386) 427,191 11,819,047 2 91,741,338 564,294 11,268, 91,108; 7,886 11,380,609 90,190, '666,723 11,860,236 90,092, 7,641 11,340, 90,149,540 1,666 11,281,912 80,128,998 9,673,468 10,266, 87,887,278 9,464,714 11,880,172 367,981 388,648 10,803, 83, 300,350 10,866, 82 sores 12'645/618 287. 161,443 18,601,824 Nov. 26... 84,802,530 932,789 13,343,196 Dee. 3... 86,824,766 9,133,586 12,830,772 The general movement of the banks during the week ending the 3d inst. was towards contractions. With the exception of the line of discounts there has been a reduc- tion in every department reported upon. The loans and discounts have increased $1,022,226, and the aggregate now exceeds that of any previous week since the 22d of October. The deposits have decreased $237,869. ircula- tion, $799,183, Specie, $512,424. The circulation is now Jess than it has been at any time since the commencement of the weekly reports. The probability is that during the present week we shall ship more than one million of spe- cie from this port and Boston, most of which will be drawn from our banks. Independent of this drain, the demand for specie for payment into the sub-treasury is likely to be larger than usual, in consequence of increas: ing imports; and we see no reason why the next weekly bank report shou!d not show quite # dimination in the specie on hand. The Jast monthly statement of the Irish banks show a circulation for the first time for six years within a trifle of the certified issue, £6,254,000, For the first time it has ever occurred, the circulation of the private banks ex- ceeds the Bank of Ireland, and that by a considerable sum (over £200,000.) ‘This feature has been repeatedly noticed, from time to time, as steadily developing itsel? and the result is, that, as compared with this period ia 1847, the circulation of the Bank has fallen off » quarter ofa millicn, while the private banks have increased one million, viz. — Now., 1847, Now., 1853. sevees £0,974,000 ——£3,081,000 2,246,000 8,236,000 £5,619,000 £6,267,000 All the private banks have, however, issued within a small proportion of their limit, including coin (except the Provincial, which is still £200,000 within it,) and, of ccurse, can only coatinue to expand unprofitably against coin, That such has been the ease during the present morth is abundantly evident by the fact that of the in- crease by the private banks, amounting to £498,000, no leis than £298,000 bas been replaced by coin, and has, of course, produced uo profit, On the other hand, the Bank of Ireland holds £21,000 less gold than last month. One of the northern banks holds more than half its issue in gold. Whether the restrictions imposed by the Bank Act of 1845 will work well in this state of things is an import- dl. Bank of Ireland 600 Private banks. 1,053,000 £6 267,000 £1,792,000 £5,611,000 —-£1,513,000 November, 1852 6,547,000 1,220,000 November, 1861 4°712,000 1/038,000 November, 1860 .. 4,995,000 1,232,000 The British Board of Trade have published a retura showing the sources of the supply of foreign aad colonial flour and grain imported into the United Kingdom during the first nine mon‘hs of the current year. The following is an abstract:— Commerce or GREAT BRITAIN—IMPORTATION OF BREADSTUFFS. Countries from which Other — Total imported. Flour Wheat. Grain. Grain. Russia, Northern Cut. Qrs. Qrs.— Qrs. : 69,101 238,866 807,967 704,406 824,762 1,029,163 3 423” 3,800 —_ 661 561 220,728 618,073 788,801 872,170 27,780 $99,900 114,200 _ 8; 23,022 19,187 197,414 146,601 2056 17,405 19,461 176,614 54,672 231,287 4034 74,221 152;956 ‘ 363 16,165 6,674 20,829 Channel Islands (foreign produce 4,084 586 108 629 France,.......... 858,053 96,652 873,629 470,281 Portugal Proper. 4,201 17,440 21,657 630 = 13,423 4,053 77,985 153,938 = 34,825 763 — 4/368 4,368 Italy, viz'— Sardinian terri- tory. + 9,263 7,155 1,200 8,85 Tascany....... 67,698 43,174 2,403 45,50 Papal ‘territo- TO... eeee — 80,088 1,500 41,488 8 8018 - 8,869 11,977 870 44,164 62,682 106,796 = 4 27,712 66,281 a, 82 16.138 16,220 — 1417 8,804 = 10,221 — 200,048 902,483 601,481 - 21,043 8,643 24,686 — 507,080 235,954 643,984 7,370 218,407 471,206 689,708 gy — 21,661 21,661 1 8 19448 13,461 nN. Amerion, 202,408 4,587 17,080 62,026 Unit tates of 4 380,263 484,684 198,640 680,324 20 _ 237 ‘237 48 1 1 8 Total....... 9,802,743 3,770,021 3,322,587 7,003,458 ‘The grain of other descriptions than wheat comprised in the above quantity of 3,322 537 quarters, consisted as follows—namely, barley, 722,567 quarters; oats, 178,365; rye, 73,085; peas and beans, 831,767; Indian corn, 1,408,- 063, and buckwheat, &c., 7,840 quarters. The Indian corn was obtained chiefly from Wallachia and Moldavia, France, the United States and Russia, Of barley and oats the largest amounts were from Denmack. Stock E: Jeo Monpar, Dec, 5, 1858. $1000 8 F’ciseo 10 pe 102 150 sha Pkr Vein C90, 9% 2000 Erie Cnv Bés ‘71 907{ 21 Crystal Palace... 60 2060 Panama RR Bds 98:3, 5 New York CeaRR. 1153% 2000 a uate 9836 55 do 115 a3 93: Skee eK oe SSSEREEEy Cater RS GEOOND BOARD.3 $1(00 Missouri 67s... 1053¢ 100 sha Cam C Co.b30 37 30 108 do, Pf 1000 Ia Canal pref 5’s h 1000 Hud Com Bds b3 | 4000 100 do... .b60 8014 ‘ 1 esas 100) 100Parker Vela C100 9% 100 Hudson RRR $80 6735 do .83 934 50 Stomngton RR a3 64%; Mines and Mining. Moxnay, Dec, 6—6 P. M. ‘There was a better board to-day than we have have had for some time, Upwards of 4,000 Gardiner sold, closing | at romething over 1}¢ cash. One thousand North Caro: Noa went off at 8, seller 60, Gold Hill soldat 81¢ for cash; | Lehigh Zino 8%, buyer 10. A tendency upwards in per ceptible in both these stocks, A small lot of Phonix Gold was disposed of at 40 cents, the lowest point tt hag touched. For Hirvassee 8); was offered, without sellex Peopleare beginning to talk of Montgomery’s corregat piste iron for boilers, &e., and the office at 36 Wall atrd is filled with visiters, anxious to examine the specimet_ The revolution it is destined to effect in boilers may bq conosived from the fact that it mere than doubles the strength, eoonomises fifty per cent in space, and thirty per cent in, cost, and renders explosions almest sible, It presente one-third more fire surface furnace than the present boiler. tage it offers is to be found and flaws in the iron will = light in whereas in ordinary plates, they cannot be detested, frequently eause accidents. Chief to Fe, Charlee. "Tapper Wan Bika; John. Breasted, asd aries H. Tupper, Wm. Elis, Jol others. who are familiar with the Sear cane boilers of the steamer Isaac shows that if corrugated iron plates had been used ime stead of plain plates, eight fost six inches would have bees saved in space, thirty per ceat in eost, and fifty cent would have been gained in heating po laa ‘The prodaction and ccpeumption of lead in this coum try is a matter of considerable importance. While the production has been annually decreasing, the consump- tion has been annually increasing, at a very rapid rate, The annexed statement exhibits the production of lead at the Upper or Galena mines, and the market prise in each of the past twelve years:— PRODUCTION OF LRAD—THE GALENA OR UPPER MINES. rides $3.17 324 36% 42 408 1846. 403 7 89 1852...,..408,028 418 Rince 1846 the falling off has been 364,028 pigs, and we have no doubt in the same period the consumption increased more than double that quantity. At $412 ig, the average will be about six cents per pound—a e ice, which must psy enormops pofite to the miner, Lend mining companies, located in the great mineral re- gions of the West, must be doing well [n these sections lead ore is produced at nearly # nomiual cost per pound, and the metal beirg of the best quality, commands the highest price in the market. Several lead companie have been recently organized for mining in the locali ia red to, and we know of so reason why they shoal not prove very profitable investments, E MINING BOARD, DRCEMBER 6. 100 ahs Lhigh&Penn ble 33g 100 ana Phenix Gold 200 NC Cop Co.....b60 354 100 Gar Crushing ....%30 1 100 3 200 do 30 1 300 Ulster Mt do 280 1 100 do do #30 1 100 do do 1 100 = éo do 1 100 do: s do L 100 Potomac o,....810 13 do 1 10QGold Hil... do 1% Weekly Report of the New York Cottom Brokers’ Association. The Board voted that ‘The market closed quiet, at the anrexed quotations, Stock on sale, light”? Seles during the past week, 9,636 bales, viz:— 8,327 Speculation, bales.... 2,388 3,602 Intiansitu, “* 318 Prices adopted this day for the following qualities by standard samples:— New York Ciassircation, New On Upland. Forida, Movie, and Tone 7 MM 7 Ordinary 7 Midéling 1035 10% 10 Micdling Fair. ir ny n Fair . uy 1x 1a The Board has requested that the daily papers, pub: lishing their reports, should copy them without alteratom, as to quotations, and without other comment than are furnished with by the Secretary—which is marked by inverted commas abovg. The reason assigned for this recolution waa that some papers had altered the quotations at times, to conforng to what they understood to be the position of the market by the daily reports, and pronounced that a letter frong the South, which we annexed to our last weekly report,’ and for which we were indebted to Messrs. T. J. Stewarg & Co., was construed by some asa part of their proseed- hough it is apparent on the face of it that it waa intended by us. ‘ In collecting information that we deem of value te the commercial community, we are ourselves the best judges of the portion of bred! ee fad it shall kg conte) and if. we deem the weekly p: ings of the cf sufficient general importance to give them a place im our col we will annex to them, from time to time, any matter we think appropriate. CITY TRADE REPORT. Moxpay, Dec. 5—6 P. M. AsHEs.—Salos of 50°bbls, were effected, at $5 60 for pots, and $5 5624 for pearls, per 100 1ba, Breapsturrs.—Flour continued p active and buoy: ant. ‘The day’s transactions comp 19,000 bbis., im cluding ordinary to choice State, at $6 8734 — $7 OOM; mized to fancy Western, $6 03% «$7 123¢; and other grades at our previous quotations. Canadian was um- changed. Some 1,500 bbls. superfine, in bond, were takem: at $7. Southern was in better demand. The opsrat embraced 1,500 bbis., at $7 061, a $7 18% for mixed ood, $7 18% @ $7 3734 for favorite, and $7 37); a $7 76 for fancy. Rye flour and corn meal were “as last moticed. ‘Wheat was not very brisk. The day’s movements come sisted of 15,200 bushels fair to prime Genesee white, at $1 73 a $1 78; 15,600 good to handsome Michigan do., at $1 73 » $1 75: « few lots prime Caza lian do., in bond, a8 $1 72; and 5,400 Western red, part at $150. Sales of 4,000 busbels rye transpired, at $1. Barley was unal- tered. te and Western oats were more inquired for, at 490. a 53c. per bushel. Corn was in good demand. The day’s business amounted to 23,000 bushels. inclading cues at 78¢. a 79¢. for'unsound, 79340. a 803<¢, for’ Southern: Western mixed, 8040. @ 81}¢. for round white and yel- Jow, and 8c. a 820. for Southern white i pee. ‘to ee with new river at 75c. a 78¢., bi Carrix.—At Allerton’s Warhiegton rd. —OMered to-day, 2,270 beef cattle. offered during the week, 2,618. We eubdjcin the returns for the week in detail, together with the section of country whence the supplies came:—= BRRF CATTLE. Hudson River Railroad. 180 New York State, on foot 248 Erie Railroad. 350 «“ » 2 + 216 Obio, on cars.......006 + 242 Connecticut, on foot... Prices.—Owing to the comparatively Bam sale, prices have materially stiffened—the range of the market to day being from 8c. tol0c, Cows and calves all sold, at from $12 to $300 $55, as im quality, Veal calves, from 4c. to 634e. Sheep and lambs took « wide range, say from $2 50 t>$10. There were no on sale at Allerton’s this week, Prices are about same as last quoted, say from 4c. a be. to 5<e., if ie eis i : i : i in (Hudson River Ball's Head.)—On at $7 50 to $10.95; read npgy beret and 4,000 sheep and lan bs. ee” 50. ; 2b 9 1 i a $6; ibs, at $2 60, $3 a $4; $726, At O’Brien’s—(No. 9 Sixth street. ;—The offering here for the week comprise 146 beef and and calves. Both were in good demand. the former ranged et from $7 to $9, and $80 to $60, Reca; 300 + 146 Total.....sseseeseees + 5,882 of 320 183 Coa —A cannel, afloat, is Repeal sia, on private terms. F¥xE.—The demand for thin article improved to day. The sales tinge Tce oe bo, at 11%¢c.; and ¢. @ 1136. per Ib. on v5 Jot of Ohio live geese was sold, at . per Ib. Fatr.—We heard that > Soe boxes bunch raising changed hands, at $3 16.0 $3 Frecuts.—Rates were active but not , oa ship] were wait later foreign news, fo If 16, ‘@ 20,000 bus! wheat were at 12: balk, and 13d. in ship's begs; and 700 ‘Up, a . by 000 bbls. flour were 64., with some lots at 86. 94. To —Transestio Ahds’ Kentucky at 69,8 Por ll oanee Fioeias at a “ r} paleo Havana at 230. Hay.—The sales to day were 1,¢00 bales, for shipment,’ at 65c,; demand ateady. Rick,—£ales of 100 casks were made at $4 18.8 $4 97. Lg ond remained in slack request, at 460. 0 60¢, per 5 ITrox.—About 100 ; a acaa tons Scoteh pig was bought at $27 60, TS, — astern pretty lively $193% a $2 vera ee ee * MoLasse.—3ome 100 bbls. new crop New Orleass found turpentine was inactive at $4 75 per 280 Ibs. There were 100 bbls. spirits bought at Ofc. per gallon. Nothing new occurred ip Cr1a.—Crude was quoted at 680, 0 700. for whale, ond $1 26 w $1 27 for speri but not in at rch Sgures, Clive wear wanitered. “There, were 3,000 gallons linseed taken at 650. per gallon. Provitions,—Pork was in better demand at enhanced wen ee airey — Fat AP, ho pie Western a® Me for mess, prime, per b Cut hau were quiet,) but steady; State reeked Taree nd ulate ante pr RY Rho eae rele real Cary " tions in beef comprised 300 barrels at ‘fall ' mall lot of good beef hams was sold at $14 per be Nothing additional tranepired in butter or cheese, Svaars —Sales of 260 bhds. Cuba were in et at 4\g0, a 45,0. per lb, Market inanimate but firm. Tonacco,—Sales bave been mate of 20 bhds, Kent at 60.0 9i,c.; 80 bales Bavana at 28¢., and 11 Florida at 4de. per Ib, Warichai.—Thae day’s transactions consiated of 190 bbla, at 27 )go, for Jersey and te. for prison, with 180 bua, drudge at 28¢ per gallon,