The New York Herald Newspaper, May 18, 1854, Page 4

CITY ELECTION FRAUDS. Court of General Sessions. Before bis Honor the Recorder. FIFTH DAY. ‘The trial of William Murray, Hugh Mooney and Wil- iam Turner, as a Board of Inspectors, for having made s false and illegal return of the number of votes polled at ‘the late general election held in the First district of the ‘Twentieth ward, was continued to-day,and the same course produced on the part of the prosecution—that is, te show by a ter number of 3 than recorded in the returns ‘thnt the defendants tad. wade a false and fraudulent return of the votes cast for Cumming H. Tucker, for Alderman. Some fourteen or fifteen wit- nesses were examined, coroborating the testimony of those witnesses examined previously. A deposition was read by the consent of OB pesiien, made by Authony Baptiste, foreman in the employmaa| of Casper C. Childs, printer, of Nassau street, tending to . Show thnt the day before the election a man came to the Office, (Holmes, the clerk of the polls,) and said he wanted some election tickets for Alderman altered. Ho then produced a Cumming H. Tucker ticket, and said he wanted all but C. Tucker stricken out, and then seventy-five of the altered tickets, making them Cc. Tucker tickets, printed, and that the said Holmes would call for them. for 5 k 3 borated the testimony of Mr. facta ond hartnarssare deposed that he delivered the Hebete se Printed, at the request of the clerk of the polls. Counsel for the defence wanted then to know why ‘should not be produced by the prosecution, as Ser eee to attach so much importance to his’ do- . Hall said he would place Justice Stewart upon the stand for that purpose. Justice Stewart, upon being sworn, deposed that Holmes | eae LEME aT On cxmceiiteet Oi princes ny Mics, but after- | wards discharged. Witness, from the character of his | ta; testimony, thought that he was nota fit witness either for the prosecution or the defence, and on that account, and for other good reasons, he thought fit to discharge him. Here the Court adjourned for the day. United States Circuit Court. Before Hon. Judge Betts. May 17.—Charge of Scuttling a Vessel at Sea.—In the ease of Edward Crabtree, charged with destroying the ship Emma Watts, counsel moved that the accused be admitted to bail, as under the circumstances of the case, itwas contended Capt. Crabtree had no alternative but to act'as he had done. The Court assented to the appli- cation, and fixed the rule of bail at $5,090. hy caged Court—General Term. Before Hon. Judges Mitchell, Roosevelt and Clerke, Mar 17.—William S. Miller, against the Iilinois Cen- tral Railroad Company.—This suit was to compel the company to issue to the plaintiff 560 shares of the stock pol on increase of the amount of scrip. The a tiff obtained an order at Special Term, to be al- to examine the books of the compa That order med the ruling of was appealed from, and this court affir the court below. Superior Court—Part Second. Before Hon. Judge Slosson and Jury. May 17.—Hiram V. Mason agains: the St. Mark’s Fire e .—This was an action brought by the plaintiff as mee of a policy of insurance for $2,000, made on the 17th day of September, 1853, by the de- fendants on the stock of cabinet ware belonging to Ed- M. Mason, 382 Hudson street, which was destroyed Sy are on the 4th day of October, 1853. It was alleged that the plaintiff sus loss to the amount of $5,000, and that the necessary preliminary proofs were made out and‘sert to the Company, and all the conditions of the policy fulfilled on the part of the assured. For thé defence i contended that the plaintiff did not furn- ish the defendants with a full and particular account of his and loss, as the nature of the case would ad- mit, and that the loss was greatly over estimated and Riovaie alleged the plaintiff in his preliminary proofs. It was also alleged that the defendants never gave their consent in iting or otherwise, to any assignment, transfer or termination of the in{erest of Edgar M. Ma- mentioned in the complaint, and that thereby the was void. That by the torms of the policy, it was that policies of insurance subscribed by the ta should not be assignable without their con- sent, engrossed thereon in writing, and that with such ssignment their liability, ceased. ' Verdict for plaintit $2,047 and costs, being the amount claimed with inte- rest, Court of General Sessions. May 17 ry in the Sesond ‘Degree—Deiages M ¥ 17.— in —| far- phy, ies cchombuiee of Philip McArdle, convicted SE ihe be with hi Macnee roabes ar the rT, chaaged. ry num) ame counterfeits. The first witness called for the prosecution was Louis im, who deposed that he kept a store in Division , and that one of the girls in his store sold the de- fendant some millinery }, and received for the same ten dollar bill on the Cranston Bank, of Rhode Island, which afterwards proved to bea counterfeit. Witness ‘went up to Jefferson market to see if he could identify ‘the prisoner, as he had seen in the morning papers that Parsons were arrested charged with passing.countertelt | wi | on the Cranston Bank. Samuel Underhill, clerk of Half Brothers, grocers, de- posed that he received one of the counterfeits for one pound of tea and two pounds of coffee. The prisoner was the mn Who passed the bill upon him; but he could not say positively who it was. The next or Se employer seeing a notice in the Heaatp of arrest of the counterfeiters, he was sent up to Jeifer- son market, where he identified the prisoner as the one who had the counterfeit bill on the Officer Elder, attached to the police court at Jefferson Market, deposed—That he, along with Licut. Dunn and several of the Twentieth ward police, went to a house in | Fifty-fourth steeet, near Fourth avenue; when they ar- Tived they saw & woman running into the house; the po- Ace then entered the house and found there McArdle, the prisoner, and a woman named Fliza Flynn; witness gearched McArdle, and while so doing he threw some thing into the stove; witness snatc! the articles from the stove, ana found them to be remnants of the ten dollar on the @ranston Bank of Rhode Island; all the inmates were arrested and taken to the Nineteenth | ward station house; some tea, coffee, new shoes, a trowel, and seyeral articles of dry goods, were | found in the house, Counsel for the defence allowed that the bills were counterfeit, but contended that the prisoner had nothing | ‘to do with passing them. He witnesses to prove | em. en alibi ‘and the good character of the prisoner. ‘The counsel on both sides summed up the evidence at some len; when the Court charged the jury, who, af- ter due deliberation, came into court and said they could not agree upon a verdict. Grand Larceny. ,—Frederick S. Kocht, » workman in | of Andrew C. Benedick, No. 28 Bowery, to stealing $1,000 of gold watches. ‘was one of very best workmen in the of Mr. Benedict, and his fullest conf. | Gence and respect. He ‘appeared very penitent, and was ne him to two arresting the plaintif, a laborer, and te Finn before the inte McGrath ons charge of steat dirt from Fourteenth street. The only question for ‘the jury was whether the plaintiff had sustained any da- ‘mages. Verdict for plaintiff $75. and Exhibitions. © Broapway Taratee.—The lar play of the ‘King of ‘the is announced for this evening. Mr. James as James, and Mad. Ponisi as Madeline » (To Paris and back for Five Pounds’ will con- lade the amusements. Bowzny Tematas.—The complimen benefit to Mr. J. Thorne, the artist of $nPtnestee fakes this evening. The piece entitled ‘Salvator Rosa,’’ is select- pop ed scene, painted expressly for ty i Cora Mowatt, who is 2 farewell will take place to-night. beautiful play celled ade enne, the Actress,’’ is the selection made for the ooca- Borton’s TaaTRe.—Miss Annie Lee will appear for the Gecond time, this evening, as Carlo, in the comedietta of “ Asmodeus.’’ The comedy of ‘Wild Oata’’ will con- clude the amusements of the evening. The cast embraces all the leading actors of the theatre, Nationa Turstre.—The new drama called ‘Steps to . J. ‘as Richard Morrison. The new drama of “Sea of Ice, or the Child’s Prayer,” will conclude the entertainments. ‘Wat.sok’s Taratre.—The drama of ‘‘ The Rent Day,”’ pening Ce in his great character of Martin Hey- E to-night. The new farce entitled | be performed wep Nice Flew is the piece announced for the conclud- ing feature. apres Mvexom.—The Scottish legendary drama of o Rose of Ettrick Vale” is the selection Tor this af- and the local moral drama entitled ‘ Anna, or The of the Wreck,’ for the evening. Jouiimw’s Concerts.—These entertainments aro well | So and afford great pleasure and delight to the of music. The programme for this evening con- Aaias many beautiful pieces. ns Camerr’s Moverazus.—This band continues as usaal to be largely patronised. A fino bill for this evening. | give the burletta of “Uncle ‘Woon’s Mnesrams ‘Tom’s Cabin,’”’ and various to-night, ees Te ee eae the lerday of havi Laeger counterfeit $10 bills | Cranston end of | woman | 44 somewhat taller than the prisoner was along with her, | te y previous. | | upon by the Board of ; Bly eae Affaize. PROCEEDIDGS IN THE BOARD OF ALDERMEN. The Board met last evening, the President in the chair, PAPERS CONCURRED IN. A resolution of the Conncilmen to remove the pole now standing in the square at the junction of Grand street and East Broadway; @ resolution to require the Street Commissioner to rei the rubbish on south | side of Canal street, corner of Broadway, which now ob- | the use of Ham- | ‘icultural Society; | structs the travel; in favor of ting fiton square to the New York state A to remove pump and cover over on the northeas' corner of Hester and Mulberry streets; in favor of con- | eonstruct a protection railing on Eighth avenue, between Bt hty-third and Ninetieth streets; in favor o donatin, ‘to Richard Gorman, for injuries received whilst ding ‘duty as a fireman; réport of Committee on Lamps Gas, in favor of lighting Eighty seventh, Eighty-eighth and Ninety-second streets, Eightieth street, from Seoond to Third avenue, with oil; in favor of lighting with oil Fifty-third street, from | ‘Third avenue East river; Fifty fourth street, from | Third to First avenue; Seventy-first street from Third | to Fifth avenue, and Second avenue from Fifty-eighth to Sixty-first street; in favor of lighting with oil Fif- tieth sireet from Broadway to Fighth avenue. PAPERS REFERRED. Several reports from the Board of Couueilmen, in favor of flagging, grading and repairing various streets, were referred to committees of this board; resolution relative to stands in markets, occupied by non-residents; | report of Committee on Finance of Board of Council: men, in favor of commuting the tax of the New York Oil Manufacturing Company for 1853; report of com. mittee of eame, in relation to raising the salaries of the clerks of the Board of Councilmen; somo small bills for medical attendance, &c.; in favor of granting permis- sion toG.8. Doughty to lay iron pavement in Nassau street, between Cedar and Liberty strecte, at his own expense; applications for remission and ‘correction of sea; report of committee) in favor of authorizing, the Comniiasfoners of the Sinking Fund to ella pices of land in the Fifth ward, corner of West Broadway and North Moore street. ’ On the presentation of @ paper respecting alterations in an engine house in the Seventh ward, some discussion took plece on referring the matter, in the course of which Alderman Morr and Alderman Howarp indulged in a few personalities. SALARY OF COMMISSIONER OF STREETS AND LAMPS. A resolution of the Councilmen to raise the salary 0° the Commissioner of Streets and Lamps from $1,50) per annum to $2,600 to take effect from the Ist of April 1854, was referred to Committee on Salaries and Offices THE RUSS PAVEMEN® IN THE BOWERY. Document No. 32 was, after some discussion and nu- merous divisions, taken up relative to the reports of the Committee on Streets, (long since putited) respect the pavement of the Bowery with the Huss & Rei avement. ‘The minority report was in favor of aecept- Ing the surrender of the contract, but the majority re. port was in favor of releasing the contractors from all claims and demands made of them under the contract. ‘Alderman Hunt moved the adoption of the minorily report. Miderman Morr spoke at some length against the Rass & Reid contract as made with the previous Common Council, and was opposed to a concurrence with the Board of Councilmen. He strongly favered tho mea- sures adopted by Comptroiler Flagg, and urged a confir- mation of the release of the contract. He went into a history of this matter, but as the particulars have been previously published by us, no further notice of them is necessary, Alderman Lorp also spoke on the same side. Ho con- sidered that to concur with the other Board would have the effect of forcing a contract on tax payers that they did not want. He contended that it was illegal, and that the interest of the city would be promoted by confirm- ing the surrender of the contract. ‘Alderman Voorsis contended for the same, and sus- tainedthe Comptroller. Alderman Herrick condemned the action of the Comp- troller, and was in fevor of contiauing the contract with Russ & Reid. He contended that the contract was ex- torted from the contractors by the Comptroller, and was in favor of leaving it for the action of the courts. Alderman Buunt, at 9% P. M., wanted to take a recess for half an hour, which motion was lost. Alderman Blunt then spoke against the contract, and wished to have the surrender accepted. Alderman Howarp spoke in favor of the Russ & Reid « pavement as the best, not only in this meiat 4 but bet- fe alluded to that which had been already laid down, and which could not be surpassed for durability. He did not know Russ & Reld—he had not been spoken to by them in a “certain way”? as other members of this Board no doubt had. (Laughter.) Yet he was constrained, by the de- sire of his constituents, and his own impression of its benefits, to vote for it, f After’ some further discussion, the matter was poet- poned at half-past nine o’clork, till Friday evening, to which time the Board adjourned. ter than any that has been in use in Europe. BOARD OF COUNCILMEN. Tho Board met last evening—Edwin J. Brown, Esq., President, in the chair. PETITIONS REFERRED. Petition of Samuel Maxwell and others, for a sewer in 116th street, from Eighth to Ninth avenue. To Commit- tee on sewers. Petition of Isaac Noble and others, for the removal of hington Market. Referred to the Committee on Petition of the persons under the Superintendent of Streets, for an inerease of salary. To Committee on Petition of Alexander Vanderbeck for damage sustain- by him on account of the Corporation refusing his ASO. RESOLUTIONS REFERRED. That the Commissioner of Repairs and Supplies be re- | quested to repair the roof of No. 30 Engine Co.’s house. ‘That the Commissioner of Repairs and Supplies bo re- quested to advertise for the erection of house for Hook and Ladder Co. No. 12. That Twenty-cighth street be repaired from Third to Fourth avenue. ‘That 125th street, from Third avenue to East River, bo lighted with oil lamps. CORPORATION PRINTING—THE NAW YORK HERALD, By Councilman Mowicaax—Whereas the Naw York Hxxkatn’s contract has expired with the Corporation for the publishing the proceedings of this board, and Mr. Bennett has given notice that he will publish the pro- ceedings of the Corporation at the same rates he pub- lishes the usual advertisements of his patrons— Therefore, Resolved, That the New York Hgrarp be hereby appointed one of the papers to publish the pro- ceedings of this board, at the usual advertising prices. Mr. Kennevy moved for an indefinite postponement. Mr. Resp hoped not. Mr. HopGKInson Long the resolution would be pg ed. His ideas about printing the proceedings of the Corporation were, that those papers that had a circulation should be paid just in proportion to tl number bs ed ee Ses and the ee see the pay and no put the Herat on a with those to anything. The charter of 1853 said, as it did other | silly things, that the advertising should be given to the lowest bidder. Now he thought that was not the right or most economical wa; doing the business. The only true way of paying for their advertisements ‘was to pay the papers acco to their circulation. Mr. Pinckney asked if the resolution to indefinitely postpone would not be put. CaainMan—I understand it has been withdrawn. Mr. Pixckxxy—Then I second the motion of the gentle- | man of the Ninth, to indefinitely postpone. ‘The question being was lost Mr. Hm moved to La it to the Committee on Print- Councilman Kennepy—That the Clerk of the Board make a statement of all the papers that have been acted en since. ite organization in January last. wok Councilman Gaxxon—That Trinity plage be lighted By’ Iman Coorgr—That Tenth and Nineteenth streets be repaired. After the reference of a few other. resolutions, the Board adjourned until Friday evening next. Superior Court. Max 11—Jouph Schlower, ae f Chas, Mant; Yr 17.—. 5 against the Noo York Caio Sunonen Company.—This Freee Actie on s poliey of insczance alttctes with the defendants, for $1,000 on chemical works at Green Point, near burg, and which were destroyed by fire on Foepleieodepa Di oe Se Maren Me & loss to the amount of $4,000. The company refused to pay the claim to him, and he assigned it to ‘Mr. Schlosser.” For the defence it was cont that the loss was over esti- mated, and that the assignment was made in contraven- tion to an express clause in the policy, which prohibits it except by the consent of the company. Verdict for the flainti for the amount, with interest, $1,077 77, 8 I. Hoboken Int We have often heard of a tempest ina teapot, but the finest illustration of the saying is illustrated by a tre- mendous excitement now raging in that growing little place, Hoboken, concerning the Maine liquor law. Some time ago some of the excessively pious people desired to ‘ax the inhabitants to the amount of twenty thousand dollars for the purpose of building a school house. The foot people who were to pay this tax favored the idea of vin a school house in their midst, but twenty thou- sand dollars was a heavy tax, by Bam og And there was great commotion and great discussion between the ‘two Inthis dilemma the Stevens family, the ‘8 in Hoboken, offered to build the school wn expense and present it to the town. 't the hberal of the commu- and, slogular to aay, the gifted citizens on the other tavutiogtenspert in & tee pot rog rom Third to | Filth avenue, aud Fourth avenue from Eighty-sixth to | Ninety-second streets, with oil; in favor of lighting | Board of Education. The Board mvt last evening—Abraham V. Williams, Enq., President pro tem, in the Chair. COMMUNICATIONS, From Mr. W. W. Townsend, reigning his place in the Board of Education as Commissioner for the First ward. Ordered on file. From school officers of the be ce ward, asking for au- thority to purchase four lots of ground in’ said ward, on which to erect a new school building. Referred to Com- mittee on Sites and School Houser. WAFrom schocl officers of the Thirteenth Ward, peeing Ne an appropriation for heating and ventilating new school house No. 4, in Rivington street. Referred to the same. From sehool officers of the Twenty-secon ward, nomi- nating John Ives as Inspector, and Wm. V. Leggitt as ‘Trustee for said ward. Nomination confirmed. From school officers of the Fourth ward, declari Messrs. Oakley and Wallace incumbents of the offices o! Commissioners, notwithstanding their removal from said word. Ordered on file. From C. Von Heringen, asking for appointment as pro- fessor of music. Laid on the table. £ From David G. Todd, asking permission to furnish the Beard with his plan for supplying Public Schools with ligbtning rods. Referred to Committee on sites and School House From Caleb B. le Baron, representing that his name as trustee of the Fifth Ward was omitted in the report of the Special Committee appointed to prepare a list of the school officers of thiscity. Referred toa Select Commit- tee on list of School Officers. From school officers of 18th Ward, asking for an appro- riation of $828 75, to pay extra bill’ on school house oa ‘9th street. Referred to Finance Committee. From school officers of the 20th Ward, requesting ap- val of plans and specifications for new school in said aoe Referred to Committee on Sites and School louses. RESOLUTION. By Mr. C. H. Sxata—That Committee on Salaries in- quire and report whether any salaries paid to teachers are unreasonably large, and if so, that they report the cases. Referred to Committee on Salaries, REPORTS. Of inspectors and school officers of Eleventh ward for Fras recommending alterations in school houses, as fol- lows -— BIER ON Sr MR a ++ ++ $9,500 cost... Neate ta cote PERC . 8,000 In ward school No. 22, Stanton street, alterations 600 10. COS... eee eeee a cht sg OO In primary schools Nos. and’ 42," Cannon street, alterations to cost... ..s.seseee eae bell pang 5,500 In primary school No. 7, Sixtiy street, ‘cleaning to i Remederecec siistes teen. «edie, racks seve 60 In primary school No. 20, Fourth street, cleaning US te ee eneprnenas 50 In primary school No. 68, Fourth ‘sirect, cleaning and repairs to Costs... 0... s.se00 45 100 In colored primary schools in Second strect, clean- ing, ke. to cost........ seamen. —Referred to Committee on Repairs. Of the Executive Committee on the Free Academy, re- commending an appropriation of $10,000 for the support of the Free Academy. Adopted. Of the Committee on Repairs, recommending an appro- priation of $15,000 for the support of workshop under charge of the Board. Adopted. Of the Committee on Supplies—Recommending an ap- propriation of $6,500 for payment of bills for books and ee furnished the depository. Adopted. the Finance Committee—Recommending appropria- tion of $80,266 79, being one quarter of the annual ap- portionment of school moneys to the ward schools. Adofted. Of the Finance Committee—Presenting an estimate of $76,139 29 as the amount required from the city treasury to meet the payments of the Board on the first of next month, and recommending that the said sum be Veman in the ity treasury subject to the drafts of the Board. A¢opted. Of Committee on Sites and School Houses—In favor of an appropriation of $100 for fitting up acolored school house at the corner of Twenty-ninth street and Seventh avenue. Adopted. Of the Auditing Committee—In favor of paying bills to the amount of $776 80 for sundry expenses of the Board. Adopted. Of Committee on Repairs—Recommending an appro- priation of $1,200 for alterations and improvements to water closets at ward schools Nos. 20 and 42, Tenth ward. Adopted. Of Committee on Normal Schools—Recommending cer- tain rules and course of studics to be observed in schools. Ordered to be laid on the table and printed. RESOLUTION. Mr. Hinnanp—That it be referred to the Committee on Buildings and Repairs, to examine Ward school No. 18, in the Seventeenth ward, and report on the propriety and necessity of repairing or rebuilding anid school house. Referred to Committee on Repairs. ‘The Board here proceeded to the election, by ballot, of a Superintendent of School Buildings, when Amnon ‘Macvey was duly elected, and his salary, On motion, fixed at $1,000, RESOLUTIONS CONTINUED. By Mr. Surrm—That the Committee on Supplios inquire and report to the Board the number of tons of coal used during the two last seasons, when the same has been procured by contract with the Board, and the cost there- of, and also the quantity and cost of wood for the same time; and also the same particulars as to the previous season, when the school officers of the different wards procured their own fuel, and such further particulars as will enable this Board to determine whether it will be economical to continue the contract system in procuring supplies of fuel. Adopted. ly Mr. Wast—That the Committee on Supplies be re- quested to prepare « tariff of supplies ns, soon us practi cable, in accordance with the bylaw of the Board rela- tive to the same. Adopted. That the subject of the election of the city and assis. tant superintendents of schools be the special order at the next stated mecting, and that the clerk be authorised to receive applications for said offices. Adopted. ‘The Eoard then took up, for the second time, document No. 11, being the report of the Committe on ‘Bylaws re- commending numerous alterations in the bylaws and regulations of the Board. Several clauses were amend- ed and adopted, after which the Board adjourned. The Convent and Chapel dwelling of tho sisters, and several outbuildings belonging to it, at Mobile, was to- tally destroyed by fire on the 8th inst. Loss $15,000. FINANCIAL AND COMMERCIAL, MONEY MARKET. Wepyespay, May 17—6 P.M. The stock market has taken just the course we antici- pated. The improvement has been but temporary. At the first board to-day, IMinois Central Railroad fell off % per cent; Nicaragua Transit, 34; Pennsylvania Coal, 34; Parker Vein, ; Cumberland Coal, 34; Crystal Palace, 6; New York Central Railroad, 3; Cleveland and Toledo Railroad, 14; Erie Railroad, 1; Harlem Railroad, 3; Read- ing Railroad, 5;. Michigan Central Railroad advanced 34 percent. The sales wore large, and principally for cash. New York Central Railroad steadily declined, from the opening to the clese. A good many small lots were offered, and there is quite a’ disposition to sell short. During the recent appreciation a large quantity of stock was taken up by capitalists, more, however, for a profit than for an investment. The advance since was sufficient to give purchasers a fair margin, and we have no doubt many realized. It made a good operation to buy at 102 and sell at 105 per cent, when the turn was made in two to three days. In Erie Railroad there was considerable activity, and lower prices ruled. No one seems to believe for a moment that Erie Railroad can be sustained at any thing like present prices. Its finances are becomins every day more deeply and hopelessly embarrassed, and the prebability is that the company will not for a long time, perhaps years, declare another dividend. It has ever been’ our opinion that the company never yet earned the dividends declared, and that every ‘one paid has been partially taken from, or rather added to, the capital. There is no doubt about this, and it is getting to be pretty generally believed. That the com- pany is thoroughly bankrupt is also true, and it would be pretty difficult to fix the real value of the stock. It in far below prices now current. A consistent bear in Erie could not help making a great deal of money. There are parties in Wall street who will follow this stock down to the lowest depth. It may be a matter of time, much longer than appears probable at present; but we do not seo how the company can continue for any length of time, under the existing system of manage- ment. The last dividend was paid out of borrowed money, and it was paid solely for the purpose of sus- taining the company’s credit a while longer. The mo- ment the dividends stop there isan end to the tasue of new loans, and a complete expose of the rottenness of the concern would soon follow. This is to be avoided as long as possible,and if pretty sharp financiering will put off the day of reckoning it will not be wanting. Reading Rail- road appears to be steadier than the other leading railroad stocks on the list, It is sustained by a Philadelphia infla- ence, which is of groat service in these fluctuating times. The coal stocks move up and down with the other fancies, and probably will touch lower points. There is no desire on the part of outsiders to touch any security in Wall street. Capitalists do not wish to involye themselves in any scheme, any new enterprise, of any name or nature, and we hope they will adhere to this determination. By carefully avoiding all new engagements and closing up gradually those outstanding, we shall acquires strength in our financial and commercial affairs that will be of the utmost service, as the great political questions which are now agitating both the old and the new world, are more fully developed. It is the time to make every- thing connected with business affairs snug, and keep them so. The steamship Africa, from this port for Liverpool to- day, carried out $358,954 in specie. ‘The Bank of Albany has declared @ semi-annual divi- dend of four per cent; the Lowell Machine Shop Com- Pany, eight per cent. The earnings of the Grand Trunk Railroad Company of Canada, for the week ending April 20, was $14,763. Total receipts from January 1 to April 29, 1854, £50,340—equal to $201,360, A A. H. Nicolay’s semi-weeklf auction sale of stocks and bonds will, as usual, take place to-morrow, at half-past accepted in some instances. The following were the The receipts at the office of the Assistant Treasurer of this port to-day—May 17—Wwere, received, $136,066 53; paid, $57,200 82—balance, $8,482,490 16. ‘The annual meeting of the Portsmouth and Concord Railroad Company was held at Portsmouth, N. H., on | Wednesday last. The annual report states that the | whole cost of the road and equipment, to the Ist of May, | was $1,075,575 56, including $35,817 93 discount on mort- gage bonds. Tho road was opened to Coneord on the 18th of August, 1852. The balance between the expense of running the road from the time when it was first opened, to intermediate places, and its income, up to September | 1, 1852, was carried to account of construction. From September 1, 1852, to May 1, 1854, the income WRB. esse eeeee » $101,658 63 The expenses. 60,263 45 of the company on the Ist of May, 1854, was as follows:—First mortgage loan and interest, $5,828 50; loan of iron, commission and interest on same, $52,914 51; mortgage bonds, $345,700; coupons due, | $35,444; note to Concord road, $50,000; note to Nashua | and L. road, and interest, $15,718; bills payable and in. | terest, $107,921 99; P, and C. Transportation Company, $12,560 64; due on unsettled accounts, $22,758 72—total, | $(28,846 36; deduct funded debt, $423,978 64—balance | due, floating debt, $204,867 72. This shows a reduction of $106,081 06 in the debt since the last report, includ- ing bonds redeemed and on hand. The Cleveland Herald of the 15th inst. gives the fol- lowing leading points in the arrangement agreed upon in the adjustment of the railroad difficulty at Erie, Penn- sylvania:— Ist. The Cleveland and Erie Railroad Company are to re- sume that portion of their track within the State of I’ sylvania, and to enjoy the right of way through E without break of gauge, subject only to such taxati as may, by general law, be imposed upon all the rai roads of that State. ‘The Cleveland and Erie Company are to subserihe five hundred thousand dollars to the stock of the Erie and Sunbury Railroad, to be paidin their bonds, bearing seven per cent interest—the Erie and Sunbury Company | guaranteeing a return thereon of six per cent. 2d. A track is to be laid to the harbor of Brie. The matual advantages and concessions of the settle. ment are obvious. Philadelphia, Erie and Cleveland | have special cause for congratulation in the important aid thus secured for the construction of the Sunbury road. This will open a valuable line of travel and trade, | | Tongues, inf bis 143 and the arrangement made #0, interlaces the iuterests of the three cities named, as to make this great line at | once a bond of harmony and union. We have always urged that the cities of the lake shore must depend, for their increase of lake commerce and | local trade, rather upox their railroad connections with the interior, than upon the East and West through roads, The history of our own city is proof of this. The Cleve- land and Pittsburg, and the Cleveland, Columbus and Cincinnati roads, with all their interior connections, have brought to us the unbounded mineral and agricultural | resources of the State, and have opened to our merchants an immense and increasing trade. It is important to | state inthis connection that the passenger business of | the lake has ceased to be profitable. The line of boats | running between Cleveland and Buffalo duriag the season | ined ata heavy loss. The same was | of 1853, was au true of the Sandugky and Buffalo line, In this state of facts it may be confidently predicted that the Erie and Sunbury road will open to the city of Erie an era of prosperity. None can dispute the excel- lence of her harbor and other commercial advantages ; but like all other lake cities she must depend upon her means of communication with the interior for her trado and commerce. The Charleston Standard of the 12th inst., gives the annexed condensed statement of the movement of the banks of South Carolina for the month of May -— Bills to the extent of $897,723 have been withirawn from circulation since the last statement; while the apecie in their vaults has only been reduced to the extent of $56,583, and while accommodations on perso rity have been increased $36,439. The aggregate li ty of allthe banks amounts to $33,873,602; of which, However, $13,904,005 is capital stock, and which being deducted, leaves thelr immediate liabilities $19,968,907. This sum is composed in part of in- debtednesa to other banks, which is reduced by the bills and liability of other banks to the extent of $2 212,252, being the aggregate of this class of resource: presented by this report; the balance, after this deduc- tien, is $17,766,745, which is all for whose payment they are immediately responsible. To meet this liabill- ty ‘there is in specie, $1,505,300, loans on their own stock $615,483, loans on other stock $1,214,440, do- mestic exchange $9,437,705, foreign exchanges $769,- 418, investments in stock $1,647,343, in braaches and agcneies $1,866, 108—making in the aggregate $17,503,- 0, or within ‘$269,406 of the aggregate amount of lis. bility above stated; all of which, under ordinary ctr- cumstances, may be made immediately available; while investments in reel estate $468,582, loans on persona curity $10,735,199, bonds $1,123,205, suspended debt $806,066, the fire loan $249,247, and the money Invested in other ways $262,331—making in_all $14, 100,250—may be reasonably presumed a fund sefficient to answer all deficiencies resulting from the contingencies of financial experience. From this state of facts, we would infer a condition of monetary affairs in this State by no means £0 exaggerated as to cause an apprehension of the per- fect stability of our institutions. Nor would the per- sonal accommodation to the extent of $10,735,199 ex- tended to individuals, indicate an indebtedness in the community which is inconsistent with a very healthy state of commercial matters. The dry goods trade presents no new feature worth noticing. The transactions are altogether of a retail character, and unprofitable, excepting so far as the most standard and popular articles, especially of American cottons, are concerned. These are in reduced eupply and fair request, at well supported prices. But other commodities are very sparingly dealt in, and are on the decline. It is now supposed that the liveliest portion of this season has passed by, and that henceforward, during the next few months, dulncss and languor, increasing from week to week, will be the predominating character istics of the business. With such a prospect, it is not wonderful to find our dealers acting with great caution and reserve, for this is the only way in which safety is to befound. Brown sheetings and shirtings are quiet, but tolerably firm, as the stock ig not large nor urgent. Bleached sheetings and shirtings also appear inactive; while being more freely offered, they generally favor buyers. Denima are rare and needed at buoyant rates. Drills are moderately inquired for at previous quotations. Duck is in good demand and at strengthening prices. Ginghams find ready purchasers at old figures. There is rather more doing in lawns, but these are without change in value. Osnaburgs are plentier and less sought after. Hence, they are depreciating, most kinds having already fallen off half cent per yard, Printing cloths are inanimate, and almost nominal in price. There are some lots now being imported from England, which may restrict the inquiries for home made goods. Prints are essentially unaltered. Stripes and ticks are pretty active at former quotations. ‘We append a comparative statement of the shipments Bence of cotton goods during five months (to date) of : 1853, 1854. © Dec’r. — Inc'r. 1,826 200 1,565 - January, packages twelve o’elock, at the Merchants’ Exchange. | Mining stocks were dull togay, and lower prices worg February, “ 788 04,011 - March, | 8,754 — 2,121 April, bad 3,906 3,968 —_ May, to 17th, 5,192 — 4,200 Total packages...17,014 13,900 8,114. Woollen productions continue depressed in almost every respect. The stocks remaining in market are too large and oppressive {o be very stiffly held; yet owner are not inclined to make liberal concessions in prices} and, in consequence, they find it extremely dificult to induce buyers to do much at present. The trade In blankets is ended for this season. Cassimeres are alittle brisker, but not firmer. Cloths are dull and drooping, being offered at $1 8734 a $1 75 for all wools, and $1124, a $1 60 for cotton wi per yard, without attracting mueh attention. Doeskins are unalicred. Flannela are quiet, and norsinally quoted at 20c. a 40c. per medium and finer styles of Kentucky jeans are sal and steady, at 28¢. a 80¢., but common descriptions inactive at 18. . per yard. We have no change to notice in linseys or mouselin de laines. The better qualities of satinets are in moderate demand, chiefly at bbe. » per yard. Tweeds are without improvement. The annexed statement exhibits the quantity and value of certain articles exported from this port during the week ending and including Saturday, the 13th of May, distinguishing the destination and extent of ship- ments to each place:— CommER@ oF Tum Port o New Yors—Wancty Exrorrs. Oil cak begs 460 @, Rosin, bbls... 200 Pork. teed - 888333338 ra LOUCRATER, Wheat, bhile.1,280 $2,460 Oil caki Beans, 100 100 Staves. TOM, sss severeseveevenerevenveer sens cere eres Play ‘ 5,629 $15,180 BRIO cvenvipeestncnccrecccesscapeecanee A NBO. $175 T’b’co,m.1b.13,248 $2,782 35 1,053 Cul | Mexico, . French West Indies 7,792 Madeira... +0... 18,178 Sandwich Islands,. 90,222 CIDA... eevee 265,040 Value of mdse. exported in week ending Ma; 5,606 Candles, boxes 38 Value of specie, S. turpentine. 50 113 W’bone, bs.13,082 Logwood, tons 301 BR Cotton, bales. 320 $10,962 Logwood, pes. 165 $10000 US 6’8 56.510 10814 . 50 shs NY C1 RR.945 108° a B45 yewood,tons 86 $1 ‘832 Segars, cases, 119 Sugar, hhds,. OTE Cotton, bales. 878 $15,613 Rosin, bbls... 200 i sees OO Sp. oil, galle.1,768 | 10000 Erie Bonds ’83, 873, 100 * 66,800 $5,203 | AMERICAN COLONIES. 750 Park Vo ©) C 800 dO we. . 200 do { 100 do 800 Cumb Coal € 1 To.mf., Ibs. 64,218 Butter......1,547 Ref. sugars..3,817 Oukum, bales 400 seco cone cess S145, 912 , 100 Hay,’ bales,.: 100 Lumber, feet20,190 Candles, boxes 702 & Soap, boxes... 200 Shawls, cases. Candles, boxes Hardware, pig 44 | 800 do. Caps, eases... Saddlery, cases Herring, boxes 100 Toys .....00.: Sp. tarpen. bbls. 3 Furniture, pkg 158 a 53 jer, reams.2,850 Rice, casks... '115 + 6 Picki’d fish, bbls 12 Provisions, pkgs 3 Cordage, coils. Copper, cases . | 100 do. HAYTI. Flour, bbla,.1,507 $12,800 Lumber, . ...20,000 Dom'stes, pkgs 24 Raper, resins 280 Ship bread, bs 70 8 120 Tobacco, bales 91 — Total... 04000454100 Candles, bxs. 11 Wine, enses.. 693 MADEIRA. Staves......19,000 $1,035 Soap, bxs.... Lomber, fi.21,500 Whale oll,gal. 426 Do. bbls... 108 seeeeeeee ee BIB TTA Boots&shoes,ca 61 Hardware, pgs 50 Provisions,tes 20 ARGENTINE REPUBLIC. 3 200 Pepper, bags. 100 Woodware, pza 600 Fireerack. bx 2,000 19 Lumber, ft..20,000 Mfd tobac,1be5,497 Wheeibar’ws. 200 H'waro, pkga.. 23 baa. Do., h’f bys. 500 Z Bs a ezetis. oeSee88 dete ar 13, 1854......4006 —— There is nothing particularly important or interesting in the above table. It appears from the aggregates that ‘0 | our export trade has been somewhat changed since the commencement of hostilities on the other side of the Atlantic. ‘To the East Indies, to the Pacific, to the West India Islands, and to South America, the shipments have been larger than usual. The total value is only to @ moderate amount, Stock Exchange, Wrpngspay, May 17, 1854. 0 Frie Inc Bds.... 96% 50 0 Erie Con Bas .?71 81 . 80 50 do. I 803 100 do... B60 10835 80 23 Clev and Tol RE., 93 2600 H Riv Ist Mt Bs 1023, 19 1000 Hud Gon Bds.,, 84 26 Panama 1000 Mich So Bas. 2000 Pan Bés Ist Is.. 1054 2060 LL CRR Bds.b3 78% 150 do . 185g 50 do, pe nik 1063 775 do, 60 25° 100 do. 20 Penn Coa 87 Harlem Prefid... 200 Reading RR, 100 's 250 N Car Copper.s10 100 do... 4.98 1200 Gold Hill di 900 Georgia Gold 83 100 MeCul Gold, ,.b60 60 do.. 820 74% 20 .N Y¥ Central 60 The 10 00. 88 10336 50 + 108% 50 50 SECOND BOARD. Sp6na ta Cal LRA De. 23 300 shs Cum Coal.b30 8079 600 1 Cen Bds.. 77% 100 do.......83 20%— 1000 FrieCon Bas ’71, 80 SNY&NURR.,.. 98 | 96% 10 Nor & Wor RR... do........ 953% 200 Nic Trans Co,.b8 253g 1000 Hud Con Bas... 8432 ; 6 ehs Bank N Am. 100 200 Canton Co.....83 2434 190 F & K Intstk 134 2035 100 Cum Coal.. 100 200 200 Harlem RR.. .. 50 200 100 Reading RR..#30 75 100 100 do.,....b60 7536 MINING BOARD. 100 shePark Vein..b30 64; 100be Fulton......r 136 10d +e 6% 100Caledonia......b30 43g pes coms a . 4 500 Geo old. tes casein 83 1 100 Gold Hill. 360 do. 100 North Carolina.b10 100 Fulton, 30 rt do CITY TRADE REPORT. Waonespay, May 17—6 P. M. Ashes exhibited no essential variation. Baransturrs.—Flour was quiet and rather languid. ‘The day’s sales reached only 5,200 bbls. Ordinary to choice State at $$ 26 a $8 6234; mixed to fancy Westerr at $8 60 w $8 674%, and other{kinds at proportionate | prices. Southern moved to the extent of 1,400 bbls., ab | yesterday’s quotations. Rye flour and corn meal wert inactive. Seles transpired of only 800 bushels Westere red wheat at $2, and 250 do, inferior Southern at $1 50, Rye and barley were unchanged. State and Westers oats were procurable at 52c. @ 65c per bushel. Corn was in very large stock and less valuable. The transno tions comprised 54,000 bushels, at 5c. a 68c. for un- round, tc. a 68e, for damp, 68c. 7c. for round yel- low, 70c. a 72c. for mixed Western, 72c. a T4c. for do. Southern, 78e. a 7c. for white do., and 7éc. a 78c. fur yellow do., per bushel. COTTON Was reported heavy, with some sales at gc. w 1¢e. per Ib. reduction from Monday’s quotations. ‘The cay’s sules reached only 1,182 bales, as follows:—441 for export, and 741 for home use. Conie.—There were sold by auction to-day, out of » catalogue of 4.000 bags Rio, only 2,200 bags, at 8c. & i}tc., average 03¢c. per Ib., the lotx sold having been nly of inferior and common quality, which declined ittle, while prime parcels ly. The sales i vate included 200 mats Java at 1430, and 160 bags Tiguayra at lle, per Ib. -— to Liverpool, about, 10,000 bushels wheat gaged, in ship's baga, at 6340. ship’s bags, at G4gd.—all for immediate delivery, For lots to be received at the close of the present or begin- ning of next week, 73d. to 84. was asked. Flour was &t 2s., and some 409 or 600 bales of cotton were rey for compressed. To London, 500 bbls. turpentine engaged, at 8s. per 280 Ibs., and 200 bbls. sperm cil, at 368. A ship was chartered to load with deals at St. John, N. B., at £1 108. and another ship, of about: 1,260 tons, was chartered to load for San Francisco, at. $18 per ton. There was no change in measurement for California, which were at 50c. To Havre, some cotton was going forward at Sc.; other articles were un- changed. . Frurt.—Sales were made of 250 boxes ir raisins, at. $8124, a $8 15, 600 bunch do., at $276 a $2.80; 800 Dushels pea nate, at $1 8134 a $1 9734; and 36 cases sar- dines at 620. a 660. Fisu.—Dry cod were more inquired for, at $3 50a $3 1,000 do. corn, im | 75 per ewt., and No. 1 mackerel at $164 per bbl. Pickled herring varied little; some 2,000 boxes smoked do. realized She. for scaled, and 38c. for No. 1, per box. Hay.—River was less, being held at 80¢. @ 85c. for ship- ment, and $1 for local use, per 100 Ibs, Hoxry—Sales of 11 tes. and 11 bbls. Cuba, in bond, were made at 40c. per gallon. Inox—About 100 tons Scotch pig changed hands at $40,, usual credit. Latus.—Eastern were less sought after, and worth only $2 per thourand. Liwr.—Rockland continued quiet, at $1 for common, and $1 35 for lump, per bbl. Mo1assne—Some 300 bbls. Texas and New Orleans wore sold, the latter at 23c. per gallon. Navat Storm.— have only to rey sales of 80 bbls. crude turpentine at $3 6254 a $3 87, 280 Ibs and 2,500 bbis. common rosin (yesterda; to-day,)4.! $1 6744 0 81 70 per bbl. Spirits t was inacti¢ at Sie. a S6c. per gallon. bbprmget i, bapetn 9 ther more attention “a a 58¢. for whale; $160 for sperm, per was unchanged. ‘Sales were made of 8,000 gallousliq pore at 91. a 98¢.; and 50 bbls. lard, at 823¢c. a 85e.p3, allon. Provisions.—Pork was in better requ with sales of 1,400 bbls. at $18 04 a $14 for moss; $12 560 a $1z 6234 for prime, per barrel. There were also sold 825 it former rates; 700 bbls. at 140. a 93% 5 500 bbls. beef, at $7 » $8 25 for i untry mess; $14.e $14 60 for elty do. and $14 60 for repaeked Chicago do, bbL.; with 199 Dbis. beef hams, at $18 50, per bbl. ’ Butter and cheeso. were unaltered. Wisp-—There have been 600 cases claret taken, at 62 75 cach. Ruut FetaTm.—Sales at Auction—t1 lot on 116th street, between avenue A and First avenue, $400; 1 lot on ave- nue A, between 115th and 116th streets, $430; 1 lot om avenue A, between 114th and 115th streets, 7 do., northeast side, $400; 1 lot on corner of and 117th street, $450; Llot on Piest avenue, between 117th and 118th streets, $860; 1 lot on 118th atteet, 175 feet west of First avenue, $985; 1 lot on 118th street, adjoinirg above, €970; 1 gore of innd with 75 feet on 120th xtreet, between First and Second avenues, $550; 1 gore of Iand on First avenue, corner of 119th $400; 2 lots on Forticth street, 105 feet east of avenue, each $1,150; 2 lote on Righty sixth street, 176 fect east of Fifth avenue, each $1,060; 6 lots on ninth streot, 876 feet east of Righth avenui 5 hive story Brick house and lot No 200 Hast . $10,150, Rick.—There were 100 tierces sold, at $3 624 a $4 25 per 100 Ibs. Sour Belen ot 200 boxes Castile were effected at Llc. per lb, SreutEen.—Thero were 50 tons plates di of at Sige, 6 m pois» ‘sithin the last three di to arrive. fveara, hhds. New at 840.; 260 Cuba in bas | at Bic. n3%0., and 160 Porto Rico at 4c. a 4 Se. per I Tonaceo.—Th hds. Kentucky, at 63{c. 0 9¢.; 85 cases Ohio and Connecticut seed leat, at sis sien = 28-2548 ‘ALLOW.—We heard that 16,000 Ibs. were obtained at 1%. tb. rALEDONR The last sale of Polar wan made at 260, Ib,, cash. Pevindnet.——About 900 bbls, Ohio and prison found bay- ore at 2540. a 260. per ba ‘a 1le.; and 12 Florida, at 190. ® 260. per Ib. 1 Domestic New Bapronp On. Magxer, May 15.—Sperm—The ket till ceatinner quiet. he ry tase come inge iden at 5 or ash bbls ai 180 ots, and 100 Ubi inferlor at 148 ots Whale has been Sean Holders are te ranca or G00 Nba at 1% thay, 8,600 Oble, poe tice ; 4 rate terms; 600 bbie. imported into New Lendon, 1d and delivered there for New account, at 160 bbls. South Sea, at @ price not named. In Fair~ two cargoes, amounting to about lee 4