The New York Herald Newspaper, March 14, 1854, Page 2

Additional from Austra’ We are indebted to Messrs. Adams & Co. for files of Melbourne papers, deted to the 2istof December it. ‘The papers are Aled with paragraphs of a merely local interest and advertisements, and contain no‘!ing of im which appeared in the tance further than that Firat of yesterday morning. CAPTAIN HOVELL’S DISCOVE From the Melbourne Arzus, Dec. 20.) On Fri the 16th De wing the twenty-nint! iversary e discovery of Geolong | and surrounding district friends and admirers well, one of the celebrated discoverers of Bs be ee und, met in the spacious banquet ing room of the Imperia Hotel, Corrio terrace, to com Mamorate the occasion by inviting the gallant captain to dinner ; * Darlog the evening the “Health of Captain William Hovell’’ was proposed from the chair. The toast was drunk with all the honors, amidst the most unbounded epplause. ptain Hovell returned thanks by observing that, from the enthusiastic manner in which his name and ex- ploits, as wellas that of Mr. Hume, had been adverted | to, it caused him no little embarrassment when he rose to address them ; added to which he had been slightly in- dis these iast few days, and the company would perhaps so far indulge him as'to allow his making a few cemarks, with which he came prepared, on paper. The Captain read from narrative ‘to the following effect:—About this time twenty-nine years back my bro ther traveller, Mr. Hamilton Hume, and myself, were Auring the journey, the @ spot on which place was at or near the point op- frat kept us awake, and we lis- to the sound of thousands of water fowl, which onthe waters of the bay before us. nine-tenths of mankind slept, we present prospects and ‘the future. ‘that conversation took a posite the Bird Rock. tened were then breaking in upon our view. it did come, what was our delight to find with ‘what success our outward journey had terminated! The ‘weeks of toil and uncertainty were compensated by the result, and we considered ourselves the two most for- tunate travellers on record. We therefore simultaneously ybraced each other, and with extended arms returned to God for the shteld of protection which he had ‘thrown over us. We then went in search for water, and, after an hour’s walk, in nearly a NNW direction, we met with it at Kennedey’s Creek, now called Lime-burner’s Creek. Here we remained’ one day—the shortness of provisions and the mustering of the natives warned us that a longer delay would not be prudent; but the doy spent here was one of the apples in our lives, for we had done that which a published record had proclaimed to be impossible. We, however, proved the contrary, and there are those present who, having read our little work, profited by it, by fixing their abode on the very land over which we had travelled. Fancy that this land should be that which had been denounced as uninhabitable, and unfit for the purposes of civilized man, and this the land which is now the richest in the world; see, geatle- men, how cautious a traveller ought to be before he ven- tures to describe or guess at.what he has but little or ao opportunity of knowing; he should continue himself to | t only Which passes under his own observation. The next happy day, (five weeks after,) was when we arrived ‘among our family, to the surprise and astonishment of many, for there were those who would have been glad that ‘we had returned unsuccessful. That party was an in- Aiuential one. and therefore operated against us, in a pe- euniary way, with the government. I have been asked what object’ we had in view in undertaking such a journey. My answer has been, because it had been given out that it could not be done; and, from what I recollect T belleve it was that statement and for the glory of the undertaking, which were the only objects we had in view. The next happy day, in connection with that journey, is the Loyal That I should live to be among the children of the land of my adopting, after so man; years absence, is to me @ pleasure of no ordinary kind; but that these children should, with one accord, meet and geknowledge me as the discoverer of their fine Tountry, shows that they can appreciate the services of the venerable parent. Gentlemen, when we first saw this land it was an unocccupied wilderness; I yet hope to see it a garden, intersected with railways and electric legraphs, that with lightning speed shali communicate with the furthest end of the land. This land that fed only roos, is capable of producing food, both animal and Tarinaceous, sufficient to feed half the world, ‘wool to clothe half the world, and gold enough to buy half the world. This land, that I and my brother tra- veller, Hume, wore the first to tread, is capable of all this. ’ A tree with my name cut on it, bearing date 17th November, 1824, and standing at the crossing place on the Hume river, is yet alive, fenced round. hen that hae fallen into decay, I propose building something in its Pp MELBOURNE GOLD CIRCULAR. Sarunpay, Dec. 17, 1853. The ruling price of gold during the week has been 76s. 94.; but as igh ‘as 778. was paid for some lots for ship- anent by the Sidney steamer. ‘The continued demand for gold tends to keep up the price, thereby leaving a very narrow margin in its favor over bank drafts, at the current rate of exchange of 1 Ler premium. From s es yh in the M. M, we notice that something of a novel kind has ocourred this week, in the transmission of about 1,000 ounces of gold from to . Hitherto Melbourne received nearl; produce of the gold fields, with the exception of which is considered as more properly belonging to Gee- fong, and from that field receives weekly a small share. Now, in return, Geelong has begun to share with Mel- sourne part of the produce of the other gold fields, along with our neighbors from Sydney and Adelaide. Among so many claimants for the digger’s gold, he will at least be benefitted by the competition. ‘The quantity of gold Bendigo shows a slight in- crease over last week, while from Belaarat « decrease bas taken place. M’Ivor and Goulburn remain the same. For the first time since writing our weekly statement, we notice that a larger number Reorle have left the colony than have been reported to have arrived. This is Setdiggere are returning Yo spend. the holidays in the are retu: spend the holidays e neighboring colonies, and not Ia tvw 108 ‘one Wertunate mereantile and other business menare also leaving under exceedingly comfortable circumstances, thus making room for fresh energy and enterprise. Number of persons who have arrived in the co- lony during the wee! 807 Number who have left, 911 Decrease in our population... .........++4+ 104 The escorts brought from— ounces. Mount Alexander and Bendigo... 24,358, Balaarat, including Geelong 7,281 Melvor and Goulburn...... 1,896 Gold shipped from Victoria in 1853... Per Admiral to London : Per Anna Henderson to Calcutta. Per Sydney to London......... Or 102 tons 5 cwt. 2 qrs. 4 Ibs. 4 08. at 738. .....£9,204,045 on London:—Drafts against gold taken at per cent ~ unt. The banks advance from 50 to 60s. per ounce. Freight of gold delivered at the bullion office, London, insurance 23, guineas per cent. EDWARD KHULL, Bullion Broker. 55 Great Collins street, west. WHOLESALE PRICE CURRENT. . Sarcmpay, Dec. 15, 1853. During the past week business, especially as regards the town trade, has rather im; ed; but the non-arrival of the Harbinger has still che ‘speculation, and pre- vented improvement in prices. Stocks have gone on ac- cumulating, and until holders are informed of a serious diminution of shipments firm. The only redeeming feature, as regards stocks, is ‘he fall in storage (from 4s. to 2s. per ton per week) to the extent of one-half in the last six weeks. Lighterage ‘salao lower. Flour has rather improved. Mr. Degraves has advanced ais price £1. Though we have heard of sales of Ade- ‘side at less than our last week’s quotation, the e. “pal holders are now demanding and getting as high as ‘The market is not firm at that price, but as stocks we it a rise is septal through a printer’s error, it well ironmongery was at cent. Such prices can only be obtained for well assorted invoices of building fronmongery. At the same time we pa ogc suitable ironmongery of all sorts is . American axes and picks are wanted, and cook- stoves and ovens are saleable. are in demand, but there is little im- t in prices. F pehad on Herrings, sardines, and salad oil are in Intter and im demand at higher prices. English loaf wed prices. Whiting my hen = at 2 Sl: the run lowe: sales of Martell’s brandy at Pas t it Tery Best, cam be got at Js. Od. = 0s., we have not altered our of soft goods, and few of them can for the season are wanted. in concluding with the announce- firearms are now unsaleable in this Fr i «© or, whieh is hight, ssued for the month of Nov voings per man are ; kam thin ‘todsome few of someone tangs a on the Buffalo , noar the Ovens, have ry situated on the about Atty b: south of y Oreck. retecaipennany pus ra at work ov ie spot with varied , watching for the light to show us ‘the | $5,951 | would inguire if any person attended on the part from England, they cannot be | # Good English bacon is saleable at | Trish pork has de- | to £15 per | ; | or Cure.” tkeep- | able company appear. ations in rich and prom’sing ground npeded. ta, @ su ndance of water. much is t case, that a convi {a gaining und thet nothing short of the appli steam fewer vi'l suffice for drainage of the ‘aims sufficient to oltow of their effeetual working. Thereis a rumor of fresh dicovéries mear Albury, but we bave po grounds for saying more at present. ‘The arrival of gold this week has been per escort:— 415 190 200 205 Hanging Rock. 1,073 Per Sydney Gold Escort Company — From Ovens... 4,854 Per mail during November. 1,009 | | panes | Total... 8,027 Valueabout. +++ £80,000 ‘The gold market continues buoyant, and but small | quantities are offered for sale; our present quotations are 778. to 78s. 3d. for Victoria, and 74s. 6d. to 75s. for | New South Wales gold. The export since our Inst has | Nov. 10—Great Britain steamer, for Liverpool Dee, 8—Stratford, for London “* @—Kinnear, for Manila, 7—Sydney, steamer, for Add previous export Total... «1,576,304 Value at 788. per ounce £5,517, 064 Exchange on London—Drafts against gold 3 per cent discount, Freights, 3% per cent. Srpxwy, 474 George street, Dec. 10. The market has continued about the same, anda steady demand continues for the east, and at @y sale to-day New South Wales gold realized £3 16s. 6d.; Port Philip, £8 17s, to £3 17s. 64. ‘The accounts from our various gold fields are full of hope, and many new placersare spoken of. In the South- ern district, near Twofold bay, and near Albury, at the Ovens, numbers are again st work, but the water is still agreat drawback. The Buffalo does, in spite of all, con- tinue to draw numbers, the district ‘of the river Buck- land being the most productive. From the Turon, ac- | counts from Burrandong continue to excite much atten- tion, also Palmer’s Valley Creek. Parties are procuring seven to eight ounces aday. Population is alone required to develope the resources of this district. Some accident occurred to the Western escort, which accounts for the smalluess of quantity brought down this week, The Northern escort arrived yesterday, and ac- counts from that quarter show that this district will be- come one of our principle gold fields. 1,554,268 | The escorts brought down from oz, dwt. gr. Sofala 414 15 Tam! 190 2 ‘Avisford 199 17 Hanging 1,073 1 18 Private escort from the Ovens,. +4854 2 Total .... ss 959% feng psa Me OTE MetOL| ash from the Ovens £48 16. Sypwxy, 498 George street, Dee. 9. MESSRS. FALCONER, ROSS AND CO’S, CIRCULAR. MxiBourNs, December 21, 1853. The state of the market has varied so little since our last November report, forwarded per steamers Chusan and Great Britain, that a general detailed notice is deem- ed unnecessary at this time. ‘The demand for the diggings, although it has imparted some activity to the retail trade, has had but a slight ef- fect upon the large stock of goods previously accumulat- ed, and still kept up by the bulky arrivals of the last fortnight. ‘The receipts of lumber, especially from American ports, have been very heavy, and a further decline has taken place, Assorted cargoes of American boards are selling at from £12 to £13 per 1,000 fect, upon the wharf. We | have advices of large quantities being on the way from the Baltic, and the result must be a loss to the shippers. | The demand for all kinds of lumber is not so great a8 was | generally anticipated by our friends abroad, the principal Teason being that our municipal regulations do not allow | wood buildings to be erected, therefore, the principal kinds wanted are flooring and heavy timber. The market we think will prove renumerative for most Gescriptions of American boards and jolsts, if sent in moderate quantities and of good qualities, but will not | bear heavy cargoes at present. Van Dieman’s Land fur- | nishes most all kinds of studing, Iaths, shingles, &e., | and we have rumors of shipwaents from British America, | although but little has arrived yet. | | . Provisions are almost entirely uncalled for, and the stocks on hand very large, | Preference is given to articles of English import, and but limited quantities of any kind can be disposed of. Our quotations are nominal. Furssturx is saleable for good kinds, at an advance of | 50 to 75 per cent on the original cost. | Flour bas come in but eparingly of late, and although the stock of sweet is not large there is no demand beyond | the wants of the consumers. Scarcely s ton changes | | hands on speculation. Sour will not bring 20s. a barrel, | and is ® complete drug. | | _ The market is glutted with liquors and segars, and we | | do not advise any shipments. Goun Dusr per ounce £3 17s, The City Ferries. MEETING OF THE COMMON COUNCIL COMMITTEE. A meeting of the Committee on Ferries, of the Common Council, was held at the City Hall yesterday, in order | to consider the subject of the making of a new ferry from | the foot of Desbrosses street in New York, toPavoniaave- | nue in New Jersey. Mesure. Carey, Forbes and Seely were present. | Mr. Canny stated that the company (New Jersey Rail- road and Transportation) had purchased land for ferry | and dock purposes at the foot of Desbrosses street, and that they proposed establishing the férry thereon. The committee were now ready to hear any reason either on Leb alf of the company or the people objecting to it. Mr. C. B. Viervs said that many persons who repre- sented property in the neighborhood, understood that a former charter, held: by the Union Company for many | years, was yet in existence, and they wished to know if that information was correct. | ‘Mr. Canny stated that the attention of the Corporation | Attorney had been called to this matter by the commit- | tee, but owing to the occurrence of a death in his family, | he could not furnish all the required information at pre- sent. He would do so very soon. Mr. Carey read a clause from the copy of the lease with the Corporation, by which the company bound themselves to establish a depot and | ferry, near Canal street, when called onto do so, He e | Jersey company or that of the people, who opposed the ferry. No appeared on either side, and, after a few words Mr. ges Mr. Virtue, and Mr. Carey, on | the relative merits of Waits and Desbrosses streets as a | ferry station, the committee declared the meeting ad- | journed until next Monday afternoon at 8 o'clock, When they hoped that the parties would come pefore them. St. Patrick’s Day. SIXTY-NINTH REGIMENT, NEW YORK STATE MILITIA. GENERAT. ORDER, NO. 43. Hrapquarrens, New Yor Cry, March 10, 1854. ‘This regiment is hereby ordered to ‘parade, fully uni- formed, (winter pants, plumes and knapsacks,) armed and rope on Friday, 17th March. The ental line will be formed in Rast Broadway, between Pike and Rutgers streste, at 9 o'clock, precisely ts this regiment will have to escort the Seventy-secoud regiment. Companies must be on the parade ground at that hour. The bandmaster, quartermaster, sergeant, and color | bearers, will report to Captain Greene, at the Eagle drill | rooms, fifteen minutes past 8 o'clock A.M. Company G will receive and escort the colors to the paradé ground. The staf’ and non-commissioned staff will report to the Commandant on the parade ground at | least fifteen minutes before 9 o'clock. Se Arthur Tracey, of Company E, and Sergeant H. M. CaP, of Com- | pany K, are detailed as color bearers | e ime of exercises for the parade of the 28th inat., will be as follown:— | x are, ty 1 ORS sonineng } ing and closing ranks. 3. Sawer arms. bi } 4, Ploying the battalion into column doubled om the centre. 5. Deploying the double column faced to the front. 6. Forming and reducing the square. | Returns for this parade will be made to the Command- ant, at his quarters, 82 Kasex street, on or before the 27th inst., and any commandant falling to com ly with this requirement will be dealt with as the law Byorder of Captain JAMES R. RYAN, Commanding Sixty-ninth Regt., N.¥.8.M. W. H. Ware, P. M. Aeting Adjutant. Theatres and Exhibitions. Bownay Tuxateg.—Talfourd’s tragedy of ‘Ton’? will be | preeented to-night, with Mrs. T. 8. Hamblin as Jon, and | Mr. 5. R. Seott as Adrastus. The drama of “ Black-Eyed | Suran’’ will conclude the amusements. BRoapway THRATRE—Bulwer’s historical Richelien”’ is the selected for this ¢ Forrest as Richelieu; Conway as the Chevalier de Mau and Mme. Ponis! as Julia de Mortemar. All will close the farce of “Shocking Events.” Burton’s TuRaTre.—Shakspeare’s comedy of ‘A Mid- prat, with Sereuented th tide Gaedice, eth cate te seal egy re] wi evening. ‘The drama of “Robert Macaire’® will conclude | the en’ inments. Nationa. TumatTur.—The receipts of this evening are for the benefit of Mr. J.J. Prior. The drama of ‘ Uncle Tom’s Cabin’ is the piece selected for the occasion. The afternoon performances of Tuesday, Thursday and Fri- day are discontinued. | _ Wautack’s Taxatre.—The bill for this evening is one of great attraction—the comedietta of ‘‘A Soldier's Court- ship,’’ the drama of ‘Ernestine,’ and the farce of ‘‘Kill All the leading members of Wallack’s admir- .—The performances of the afternoon consist of the calisthenic exercises of the Ni¢olo _, and the farce of “An Al Sacrifice;” and in evening the moral drama of the ‘Old Brewery.’” Cariety’s Mixstrers are attracting large audiences. The entertainments afford the greatest amusement to the visiters. Woon’s Mrverrers announce a fine bill for this evening; | singing, dancing, and burlesque opera and instrumental formances. BUCKLEY'S SERENADERS are doing well; their burlesques are very good; they sing well, and are great favorites. | _ Broapway Mexaceniz.—The exhibition of the Mammoth | Lad: = = Lilliputian is drawing numbers to this Es ment. | Camvrent’s MaxetReis.—This compan; their second | performance at the St. Nicholas pais Ae room, Broad- | way. | __PRormsop-Hant.—The exhibition of the Whole World, given every day by the Professor, is greatly admired. Stoxor Bure.—This clever vontriloqaist and magician is giving entertainments at the Brooklyn Institute,” = | | more; this has been done for several years. | become responsible for the whole Pane who join | self, one of the contributors. The | copartnership ‘ fect. Tt does not 8} | the various cases that were set down for Offer to Establish Ocoan Penny Postage. i—Not have facts and arguments been brought (orward which have eonvinced a ion of the community in this coma and in that ‘am ocean penny pos y, but apoler has been tedly made by pa rprise actually to convey ters across the ‘Klan tie for two cents aj * Roe ndeed, there is a positive enactment in the office laws of the United States which fixes the ocean trinsit service on letters at two cents when performed by sailing vessels. But now there is almost a fleet of powerful screw steam- ers piring between the United States and Great Britain, making transit in about fifteen days on an average. ‘These are ready, doubtless, to convey all the letters that cross the Atlantic for two cents per ounce. Here is the second letter from the agent of one of these compa- nies, in which he reiterates the offer to perform the tran: ait service for this low consiceration:— Guascow ann New Yorx Sreansurr Co. New Yoru, Jan. 4, 1354. Geyrizmen—Tho graphic article from tl yn of Elihu evening, ‘the captain Al i Fetter » free Smaart nmcts Burritt, in your paper jteamer Gol of th f charge, by his ship from Se the Guasibility. of bel ping ‘ward the univer: yn of ree a eoeyd nad Ree Task seek Sos in over two years the Glasgow and bush- Ls it ld mage ae oe : we portage ged to vers. T may repeat to you what I stated to Mr. Burritt some months ago, that Gl ‘an iron screw steamer of 2,000 tons measurement and 400 horse power, has made her from twelve to patsages regularly, winter and summer; in fourteen days; that the New York, another vessel, 500 tons larger, 100 horse power more, and expected to be at least thirty-six hours han the Glasgow, is now building, to next; that other ships will be added ywoon the two ports may require: de bappy to oarry at ali times fall the rate of one ponny per letter, with- 4 the firet cent of any further grant from either xo. | vernment. I am, sir, yours, very truly, bab ines TORY SEI MoSYMON. Here, Messrs. Editors, is a fair offer on the part of one of these steamship com} to convey any number of | letters across the Atlantic for two cents apiece. The let- ter in which he first made this offer was read in the Bri- tish Parliament last winter by the Right. Hon. T. M. Gibson, M. P. It has been widely published in the jour- nals in Great Britain and in the United States. Other teamship companies are doubtless prepared to enter into the samearrangement. Thus the inestimable boon of an ceean penny postage is offered, over and over again, by rivate enterprire. To millions in this country and in foreign lands it would bring a dew of gladness to the most precious germs of home affection. It would bring a joy to their humble omes that could not be “meted git in words or weighed in language.” Why, then, with- ‘hold it from them? Why longer tax the commerce of their affections with the cruel, Sshiog. tariff that now weighs upon its current like a barrier of ice? Why longer retain this almost wanton restriction upon their heart-communings across the sea? Wasnixcron, March 9, 1864. ELIHU BURRITT. ‘The New Liquor Bill. © New Youx, March 12, 1854. Fa THE eae OF THE yar hres frye meer i 1e conduct pretended sdvocat mperance in the Senate at ee. oad alt h 8 triumphant majority, have ne emasculated the Liquor Law bill by postpommng its operation until the first of Decem- ber next, forgetful of eternal truth of the proverb that ‘delays are dangerous,” induces us to make the following proposition. | Being impressed, although perhaps erroneously, with the idea that a “leetle” corraption has been sometimes known to prevail at Albany, we hereby offer and pledge our aay occa ergy et bp terpenes mors ‘or more if nt asa gratui any senator wi Sin prelate test ERT, ‘of the bill’ and carry an amendment that it shall go into tion on the first of July instead of the first of December. ‘e are the more anxious that the bill should take ef- fect from the date we bave indicnted, because it would | then cover the da of the demoralizing celebration of the Fourth of July. ‘We are, sir, your most obedient servant, JOHN & ROBERT OSBORN. Superior Court—Part First. fore Hon. Judge Bosworth. ACTION AGAINST A RAILROAD COMPANY. Marcu 13.—J londend the Hi commuting passenger on fu tween Tarrytown and the city of New York, Senvary” 1850. "it wasalloged on pert the complainant january, 1858. It was: ‘on pai e com) x that on ‘that day he was the road near to the track and car train at Tarrytown, for the purpose of taking a seat in one of the cars about to start for city of New York, when the boiler suddenly“exploded, a some of the shattered of ance; that he has lost the use of much in. es are laid fendants it whe jenion shat thn soe negligence on part, or botler was defective. A witness, who of the company at the time the’ accident has aince left {heir em for tiff, and deposed that een before the explosion. | mitted that the plaintiff made his wife a preseat of a rocking chair about the time he was subpcenacd as a wit- ness in this case. Adjourned. | Before Judge Phillips. QUESTION AS TO JOINT LIABILITY. | Maren 13.—Robert ve. William H. Gilbert i ‘weive others.—This action was brought to recover the \ value of services rendered the plaintiff, in making the | Sates A ; ineer, | im i asf with the penees incu: one-eighth hereof, and he rell should act as the superinte: arrangement Serrell emplo “4 fecuaved expenses to th ] : fi Ef i © to the amount of about $17, this suit is pn radi laintiff, as one of t! en} against the defendants, a» int debtors, 0 the value of his services. e defendant claim, on the ground that they are not jointly Mab! anes Phillips said the compact between the fer dants, by which they joined in the enterprise, is sim: } i el E ? and clearly stated ‘by the defendant-wit , a8 individuals or copartnership agreed each to pay one-eighth of the expenses. "This, thes, is the contract made between themselves, which binds them to each other, and as to third parties. Team eoneeive no elemen| their agreement which fixes them as joint No profits arose or were to No association of interest was created for the purpose of estab! ‘a railroad line; it was pany an agreement to pay an assessment of one-eighth of the cont of the survey. In agreements between general copartners each partner undertakes to bt of the firm; thiv . is the very essence of the contract as between the mem- bers of the firm, and also with those who deal with them. In this case an pel is made not between the | in the enterprise, but with Serre each defendant made with Serrell was, simply:—“I will one-eighth of the expenses of the a of the road. | You go on and make the survey, pay the expenses, and I will eubscribe my equal one-eighth of the cost.” It is said by the plaintiff that although there may be no con- tract of partnership between the defendants, yet it is to be deemed a joint adventure anda joint liability, so far as third parties are concerned. But can the it bs the defendants are liable (if the poche te med | oat which ‘nau by the plaintiff be correct) be enlarged in its condition, or a construction different from that intended the other contracting parties given to it even asit: par: | ties? Certainly not, unless they become like by acts and | declarations outside of or abrogating the ‘com: | is nothing in this case exhibiting such » | | i pact: state of facts. The case, as ted by the ¥ shows that Serrell himsel fan engisber, phe A idea of this railroad from Hoboken on the Hudson to the | Niagara river; and that upon his solicitation the defend- ants each, or by his firm, agreed to pay to him, one-eighth of the expense of the survey. I 8 particle of testimony going to show that each to ‘become liable for the whole expense in any cont a And yet, if the theory of the falntif be true, such was tl contract between them, for fr it was a joint adventare or it such would have been the ef- that the defendants were ever known to each other in the transaction, and it is almost ineredible to suppose that men of business habits and ex- perience, such as the defendants were known to h would ge in @ copartnership, or any other | areory tion, as joint contractors, without knowing the responsibility of their confederates. Examining this mat ter in every aspect, the contract between the parties was # mply an agreement, separately, and without reference to ench other, to pay Serrella pro rate share of.the ex- penses of the enterprise. In no way can I consider it as & joint liability, and I therefore dismiss the complaint, ier corte tke Guaiane i Court of General Sessions. Mancn 18.—Thi coer sameelt sittings to-day, at th }.—The court res ita, at 1c usual hour, but on account of the pee witnesses in was obliged to adjourn after disposing of one or two light cases. er eye | foonan, Ww! in having married a named Jane Fitspatrick, while his first wife "ary was ‘alive and undivorced from him, wus then brought up to receive the sentence of the court. Judge in sen- Sencing Bice, aatd thet It was one of the senas: cases ever had been presented to him while on the ‘bench, and one of the most heartless cases of on the records. The sentence of the Court was, the — confined in the State prison for the term of Pas Loremge ieee med George Jackson and j—Two men nal George em indicted for grand larceny, they ha’ it Was alleged olen forty-four shirts, valued at 988, property of George Blaney, loesor Grime of petit lareony, and were od each to six months durance vile on Blackwell's Island. ACQUITTED. A young man named Devlin was tried and acquitted of having committed an assault w Caroline Koehler, with the fe is intent to commit a rape, and was discharg- ed_from custody. ‘The Court then adjourned for the day. States bates Daststes Oomrt. 18.—The ~~ ry from Ha ‘by the j Rabe in the ‘the Mntaod. tes J hich ime Me itor want of su! it evidence, which it is ex; these men can now supply, the case remained over for investigation. EEE FINANCIAL AND COMMERCIA| MONEY MARKET. Monpay, Mareh 13—6 P. M. There was not so much activity in the stock market this morning, and prices were very unsettled. The fiuc- tuations were only to a moderate extent, andon the whole it was s draw game between the bnils and bears. At the first board Nicaragua Transit declined % per cent; Canton Company, %; Reading Railroad, {. Illinois Cen- tral Railroad Privilege bonds advanced % per cent; New York Central Bonds 34; Harlem, 3. Sales of Michigan Southern and Northern Indiana Railroad were made on time, buyer four months, at 120. This is alow price, com- pared with those current » few weeks since. There is still @ wide margin for improvement in each of them. The presetit depression in the stock market is tie ;Psult more of local causes than the tone and character of our advices from Europe. The war on the other side of the Atlantic is a matter of no consequence to our capitalists, as it will not, in the slightest degree, affect any domestic interest. It will ultimately settle down into a war similar to those which have existed at times in the East Indies and in South America, and we have no idea that it will influence in any way the great financial and commercial operations of the world. ‘What little effect it might have had at first, has long since disappeared, and we now look upon a!! the prepara- tions in Bugland and France, for war, with the utmost indifference. We have local causes of much greater im- portance. and must look to them for guidance amidst the mazes of fancy- stock speculations. We allude particularly to the movements of our banks from time to time, and the operations of those who manage them. In the month of July last the banks of this city, pre- paratory to the commencement of their regular weekly reports, contracted their line of discounts rapidly and largely. This produced a serious stringency in the money market, and brought about a great depreciation in the market value of all classes of stock securities. ‘The contraction continued for several weeks, and money became exceedingly valuable in the street. After a time certain parties intimately connected with the manage- ment of certain leading Wall street banks, entered the market privately as purchasers, and supplied themselves pretty liberally with the fancies. This being done, it became necessary to bring in outside buyers, and for that pur.ose the money market was slightly relieved from the pressure upon it by the banks letting out call loans. The brokers freely accepted the | favors extended in this way, and outsiders were induced to avail themselves of the facilities offered for carrying stocks, and purchased liberally. For a time prices ad- vanced rapidly, and it was the impression of many that the rise was permanent. Money was abundant enough on call, in the face of weekly reports of contraction, but we warned the community against the trap certain Wall street financiers and speculators were setting for them. Old operators—those who had been caught before—avoid- ed the influences brought to bear on them, and firmly re- fused any offer to loan on call, on the hypothecation of stocks. To those acquainted, the game was a sure one, and their experience saved them. At the proper time a tightening of the screws on the money market com- menced. As soon as the inflation had reached its height, and those who regulate the movements of | our banks had cleared cut all their purchases, a call _ was suddenly made for demand loans, and there was ‘but one alternative left, and that was to pay up. Not the slight,st notice was given of such a movement, and if parties had not the funds in hand, stocke had to be sold to raise the means. The suddenness and extent of the call forced large quantities of stock on the market, | and the sacrifices were fora time ruinous. The opera- tions of such a policy on the part of the banks cannot be mistaken. It is sure to have the desired effect, either for inflating or for depreciating the market value of | stocks,and it is adopted from time to time for no other pur- | pose than to enable the managers of these institutions to accomplish certain results in their stock transactions. | ; Itis no secret in Wall street that the parties alluded to are regular and extensive speculators in all kinds of fancy stocks, andit is well known that they use the | position they occupy for the advancement of their in- | dividual interests. They undoubtedly have a perfect | Fight to buy and sell fancy or any other kind of stoces, ‘as much so as any men of méans in or out of the street; but they have no right to tighten or loosen the screws on the money market, and thereby affect every interest of the country more or less, for the purpose of inflating or de- | pressing prices of stocks, as their speculative movements may require. Within the past nine montis we have had | i three or four expansions and contractions in the money market, every one of which was produced by calling in or letting out demand loans. The general movement of the | banks from July last to January was contraction, and it | has since been expansion. This would have produced a | corresponding movement in the stock market, but for the inside tranractions known by the name of ‘call loans,’’ which are entirely independent of the regular discount | line. The weekly returns do not, therefore, show the actual condition of this department; and as no publicity is given to this line of loans, no one can form any idea of the future course of prices. Every one outside of certain ‘cliques has to literally go it blind in Wall street, and the only safe course to pursue is to avoid becoming entangled with the banks in call loans. Monday was as usual a dull day for mining stocks. ‘The transactions were generally at lower rates, and fewer in number than those of the close of last week. The news from the leading mines continues favorable. loading at fan Francisco for New York. About twel hundred tons of cargo had already cluding seme 2,000 bbls, salmon, 1,000 bbls. 3,500 hides, besides « large quantity of old iron; &c. The ship Thomas Watson was also loading horns, wool, salmon, &c., for Philadelphia. “ During the week ending March 11, there, were redeemed at the Treasury Department $183,400 of the public debt | of the United States. | An order has been granted by the Supreme Court, on the application of Freeman Clarke, requiring Azariah Boody, E. F. Smith, Joshua Conkey, and Allen Ayralt, to says:— ‘The ground upon which this is Based so far as we can learn is as follows:—Iit is that the city, | having sold its int the stock road to Mr. the lst of February, 1864, compared with those to the same date last year:— Morn and Omo RarRoap. Receipts to Fe. 1, 1853. To Feb. Hate Trost pemseoaten $14,263 25 $16,263 90 “e reights.. . . 8,191 18 18,901 91 Company’s freight charged ‘conetwustionstoduat. +. ‘11,902 00 Total nger and freight Expenses running, &. 157 81 “ea Bl ina receipts of the Soapey, ies were 88 t., the expenses were ny’s it cent. ex] Ereues'a pee cork, hed the eer traffie, running as the road thus far into almost a wilderness, may be said to be the creation of the road itself. The oj to Winchester must materi increase the business of this division. The gross receipts of the Company ap to Febra- ory 1, 1854, were in numbers, $1,520,000; expendi- ures same $1,475,000. Add fo this the 000 tons , bolts, &c., now ready for use, not in- uded in the expenditures, and putting a low estimate upon the work not in the upper the total investment of the company thus f r will not fall far short of $2,000,000. Advices of the shipment of a portion of the 7,000 tons have been received, and the remainder will soon be forwarded. The Columbus (Mis- sissippi) Branch Road (2834 miles) is nearly ready for the iron, from means furnished by the city and count; of Lowndes, and it is expected to ship a portion of ‘this iron to that point, so that track laying may go forward simul from thence southward, thus greatly facilitating the progress of the work. The cost of the Nashville and Chattanooga Railroad, in- cluding everything, has been $2,718,958. Of the road proper the cost is stated to be $2,686,609. Its receipts for the past year were $197,627, expenses $132,617—net profit, $65,610. The President concludes his last report by saying :—‘‘The Directors have every confidence in the ability of the road to pay good dividends as it becomes settled and permanent, that it will greatly more than pay the interest on the whole fifteen hundred thousand dollars of bonds the next year, and that the increase in ite business will be very rapid.”” ‘The Miners’ (Pottsville) Jowrnal, of the 11th inst., gives the annexed account of the position and prospects of the coal trade of Schuylkill county :-— Anvuractrs Coal TRADE. P ‘The Tuy, sent by railroad this week is 30,088 15, against 21,993 06 for the corresponding week last year. ‘Total by railroad 808,215 11, against 263,801 02 tons to same period last year. ‘The canal is in navigable order ya ee the whole on Wedn corns Re a line. Boats commenced ket. The reights canal ed at the rates fixed cana for the year 1, oar cath aoe tant Mig try io only in- number of have already , rear the shi in the Cumberland difficulties tinue. Only 1,871 tons were sent to last week. in deposits, $1,749,092; olr- 276; in specie , $727,017. The amount of ‘on on the mofning of the 11th inst., was smaller, with one exception, than it has been at any Previous time since the commencement of the weekly returns. This is a very extraordinary fact, in thé face of such limited shipments as have been reported during the past month. It is true the Sub-Treasury has been a Pretty severe drain, which accounts for a portion of the reduction exhibited by the banks. We are glad to seo eee 120 120 121 150 300 8% st 6. 500 30 a“ 50 Y B1y 400 134 100 31 400 ars 100 31 200 31% do... 060 FY} ioe do... so it 100 B60. 70: 300 boo. 80% MINING BOARD. 7 100 sha Prkr Vein.s10 7% 800 shs'Gardiner Git 21," 100 iste? $36 Joe 800 100 Ne 454 100 Gold 4 100 Hiwassee. 34 Weekly Report of the New York Cotten Bre- kera’ Association. Sales during the.past week, 10,961 bales, vis:—Export, 8,717; home use, 8,511; speculation, 1,582 ; in transitu, 2,201. The Board voted that the market, ‘‘ since the ar- rival of the steamer Atlantic, hae been quiet, and closes dull at the annexed quotations”’:— Ordinary cotton is confirmed as before. Middling lands recncet oa athee Bie 340.5, I uplands, Mobile and New Orleans and Texas red: middling fair Florida reduced 3¢c. ; fair uw confirmed; Mobile, New Orleans ‘Texas, teducei c. Prices adopted this day for the following qualities by ~ standard samples:— ea BS 6.5 REPORT. Mompay, March P.M AsuEs.—Sales of 60 bbls. were ‘effected at Saturday's prices. was more active, but so firm. The day’s business reached 10,300 bls. ; The annexed statement exhibits the average condition Erie The Secretary of the Potomac Copper Company left on 5 cows Saturday for their mines in Tennessee, to make more en- y larged and reliable arrangements for the transportation Pred So. of ores from the mines to the railroad, The unexpectedly . q large yield of ores makes it necessary to enlarge the end means of transportation. He will also make all the ne- The id cessary arrangements for the early completion of the from $3.95 to $7, fot gobi srtre at ‘ smelting works, which will greatly facilitate the trans- Veal calves brought from 6e. portation of productions from all the mines in that dis- 8, (No. Sp ge rar ee tronhid trict. The raflroad from the mines to thé Hiwassee ter at from 90 to $50 por healt f river, # distance of thirty-two miles, recently projected, Recapttulation. will be surveyed, &., so that the work may be put under | aa. ee contract immediately after his return. The intention is ‘267 7% ese to complete the road during the present year. 80 33900 ‘The shareholders of the Gold Hill, who recently visited _» rae the mine, have returned in high spirits at their success a7 eae and prospects. A third dividend, as usual, of two per 330 6,981 cout, will be declared in a dayor two. The stockholders - "4 of the Limtsny met on Friday, and increased the capital to con Dalen ae be stocl 20,000 shares. The stock has been very heavy for use, 285. firm. some time; we should hardly think its price or buoyancy were ae - would be increased by this addition to the amount 1,190 a pb 000 oo 00 4 already in market. eee * eens: aa 808 14544, a 1bd.; and about 18,000 bushels wheat et Jéd., ‘The bids at the Mining Board were for Cumberland Lon 1a2 a,0or'240 2asieeo 2joe'sie 3b) 2,000 bhle. flour were engaged st 4s.'0d.; while 80%; for Ulster 134; for Potomac old, 3; for do. new 1; 2,600,829 '126,845 184,054 928, a 6 i ae among for Flint Steel 534; for Fulton 1%; for Mineral 55c.; for pend en ime ares by the Alps, af 60s. and 500 kegs butter by the Ripley 3%; for Montezuma 3; for Nebraska 434; for 1070877 80/487 108}084 956/337 at was Vvieew oe to London or to the Gon- 070, , ‘There con! charters in Ciark’s mine 9; for Portage 10; for Algomah 4g; for | 1,148,554 827,448 at Phenix Gold 7bc.; for Rutherford 1; for McCulloch 73¢; | N- a 107,784 for American Mining 1234. : ‘oo yoiewse After the adjournment of the board, the following sales 461/383 wae . ‘ of stocks were made by A. H. Nicolay:— x eat , ey 612,060 Frvrr.—fales of 400 boxes ——— 3 bie Dente Parker Vein cian Co. 501.482 and 700 bushels peanuts, part at 0. . $ rd... 1,130,227 fair request at unchanged 4 shoe & Leather... "766,071 ¥ 120,554 434,145 | Hope. —A few" St Nncas. re 3.813, 22.304 20,688 et ee en eee 6 pay era 1308) soms.—Eastern were actively sought after, at 9838 af | Union...... red in: this line to-day. was Gales, bg Total... of 190 bbls. spirite turpentine were reported at 6B ects, 30 ‘The condition of the principal departments of the New aa holler ene oe "a or 4 | york city banks, at the clove of each week within the last 5 fe te 2 res 60 do. vanes " ‘973g | six months, compares as fellows :— nag depose abot cre 3 i. sit er ap emp 1888 pa) Ypeposits. Circulation. | rer ope sg. The 3 do. Lorillard Fire Insurance Co; ¢ | June 21. 906,820,666 940,018,171 90,004,100 812,114,561 da ’ 6, 20 do. St. Mark’s Fire Insurance Co 4 7,809,614 50,410,756 9,510,465 0,746, jad 100 do. Ship Timber Bending Co. per share of $5. 1% 96,1 3 9,451,945 = Seaatice ste | 1600 do. Gardiner Crusher and tor Co., 9,424,786 , wees per share of $5........6ssseseeeewe eves aa a - 2 were The current operations of the Treasury, on the 9th of el 9'517,383 1°380% (apr s ia LS Seat ee er 499 71 477, pow wrt ae | Ook 9-1 68 1st ae 12,0001bs. prime were effected, at 10,272 30 - 9,464,714 11,880,172 | s day’s movements were confined a ee 9,988,548 loons | avout 100 bbls. prison, at 28 %(e-u 250% and 100 Mh, , 300,350 10,866,672 | drudge at 280. per : eources, ve 189 04 9,492,158 11,771, ae. a auctions Ad. ree, For the War Department. ey 19,559 63 | Nov. 9,287,620 Pn avenue, For ing for the War Department 2,607 63 9,151,443 18, 8 do, ., $6,000; 2 do. frame the Taterior 18,402 00 9982/7600 13,848,196 | 110 do., $3,600; 2 two houses Nos. For the Department........ ; 708 eee wet tis meetenteon! On the 10th inst. they were as follows:— 9,133, ite he trish coe oe bean oar a 746 49 aie sieseiaeo 12 story brick houses and lote on 013 21 e723, Third avenue, $3,750 and $3,950 By E. H. 00 81 | Ihe, | t lots’ on’ Sixteenth’ between | Rice. —About tierees found buyers, at $4.12% & nto 00 | 2 hana | "Seana were tm sive ‘The day’ “a 975 30 i reached, $600 pide: ‘New sat 43¢0. 0 1 2 Feb. \ | = at a bige.; 100 do. Z N boxes » a2 | er 10,500,400 | Tor Acv0.—Sal is buds. Soace coms accounte, 270,004 9,832,483 | ty on private terms, and 11 cases Florida at 360. per le.