The New York Herald Newspaper, July 6, 1854, Page 3

‘were made by Gen. John L. Dawson, of Pennsylvania; James L. Orr, of 8. C.;Gen. Walbridge, of New York;and Senator Douglas. The latter spoke for more than an hour, and made a happy impromptu speech. He defended the ples of the Nebraska Dill, which he asserted wae out precedents established in the history of the Union, giving the Territories the right to prohibit slavery when the sentiment of the majority was against ‘4%, the same as was practically put in operation in New York, Pennsylvania and other States where alavery hay Deen prabibited since their admission into the Union. por nis, Jay,» 1854, Independence Day was celebrated herr great spirit, ‘The procession wae Very Long, Te aaa end a half to pass » given point. ~® Catholic societies Joined in the procession, and nr~isturbance took place. ar psaNy. Arpany, July 4, 1854. ‘The anniversary “*# Celebrated with unusual éclat, The military p~ fremen composed one of the hand- aomest ever out here. None of the civic so- cities -¢re in procession. The orations were highly to the young orators. Everything passed off vermoniously, though a conflict between the Catholics and Know Nothings was anticipated. A fine display of pyrotechnics in the evening. Weather very warm. ‘Thermometer 90. Several of the firemen and military were compelled to leave the ranks. Two or three foreigners were sun struck. The New York fre com- panies occupied a conspicuous place in the procession. a? UTICA. Unica, July 5, 2854. ‘The celebration in this city passed off very quietly yes- terday. The military were out in full force, together with one company from Rome and the Syracuse Conti- nentals. An oration was delivered by Hon. Caled Lyon, M.C., a poem by H.C. Paige, of Albany, and the vecla- @tion of Independence was read by Andrew H. Gun, of ‘w te city. The military were reviewed in the afternoon dy ‘ajor General Bruce. SPBECH OF CALEB CUSHING AT NEWBURYPORT. Newsuryrort, July 5, 1854. Ata celebration in Newburyport yesterday, the toast —*President of the United States’—was responded to by the Hon. Caleb Cushing. His speech was confined to the anniversary of the home-gathering of the sons of New- Duryport. AT BOSTON. Bostoy, July 5, 1854. The city programme for the celebration of the 4th of July was carried out, notwithstanding the excessive heat of the weather. Between 12 and 2 o’clock the ther- mometer stood at 96, 98, and 100 degrees in the shade in different sections of the city. Owing to this, the floral and other processions were not so full as they otherwise would have been. The 1st regiment of Light Infantry, acting as the escort to the city procession, suffered greatly, several members falling from the heat, and re- quiring medical attendance. A fine breeze sprung up towards the evening, and the fireworks on the Common were witnessed by an immense crowd. CATHOLIC CHURCH BLOWN UP BY GUNPOWDER: Dorcunsrer, July 5, 1854. ‘The new Catholic church in Dorchester was ‘blown up with gunpowder yesterday morning, and nearly'all de- stroyed. There is considerable excitement; some at- tributing it to the Native Americans, and others that the Catholics had deposited powder and arms there for the protection of the church, and the explosion was acci- dental. DESPERATE ba bs eh AMERICANS AND Mancuzsrze, N. H., July 4, 1854. On the morning of the Fourth, s fight took place be- ‘tween alargé party of Americans and Irish. The latter ‘were routed, and twelve to fifteen of their houses gutted and furniture destroyed. The Americans then attacked the Catholic church, broke all the windows, when the authorities and police stopped the riot. Several Ameri- cams were seriously injured. SAD ACCIDENT AT TRENTON. Trenton, N. J., July 5, 1854. At tho firing of a salute yesterday, in honor of the Fourth of July, Washington Reginald and Jacob Storms ‘were badly injured by the accidental distharge of one of the guns. Mr. Reginal’s arm was amputated above the wrist at:once, by Dr. J. B. Coleman, and it is said that Mr. Storms’ arm will be amputated to-day. They were thrown some distance, but not otherwise injured. ‘We have several other interesting reports of the cele bration of the Fourth at various places, which are crowded out to-day by the foreign news. Interesting from Turks Islands, OUB GRAND TURK CORRESPONDENCE. Granp Tork, June 19, 1854. Mr. Nelson's Case—An Address of Condolence— The Law of Haleas Corpus—Excitement of the People—.A Cautron to the Cabinet at Washington. About ten days ago, I took the liberty to address you @ few lines, per brigantine Gleaner, which I hope came safe to hand, also one before, per achoon- er Abbie Forest. They were on one topic, that of the perpetual imprisonment of the U.S. Consul, John L. Nelson, | Enq. I believe in both letters I endeavored to ex- plain to you the nature of the case, in order that | you may do it justice, as Ihave no doubt you will. | Today an address has been presented to him, signed by fifteen-sixteenths of the respectable inhabitants of this and Salt Cay; also a copy of the resolutions | passed at a public meeting held for the purpose of expressing, not only the deep regrets‘of the people, bat the contempt they entertain for the dispensers of the Jaw; to use their own words, “it is high time for this sort of thing to be put a stop to.” The au- thorities seem now to get very shaky about the mat. ter, as we can all see. For instance,a day or two ago, Mr. Nelson applied for the record of the court; | the answer he received was ‘‘that it is not made up, and as coon as it is he shall have acopy.” Now, isn’t there something strange in all this, | Three weeks after Mr, Nelson has been put in jail, | and three weeks after the adjournment of the court, | and no record filed! and showing on the face of it perpetual imprisonmen*, and what is more, no one | can find out under what law he was tried or con- | victed, as the judge has not said, nor will not say, so that no one here is able to tell whether the pro. ceedings are right or not, Even the President has taken sides with the party against Mr. Nelson, and as there is no lawyer here, Mr. N. applied to him (the President) to know how he could get a writ of habeas corpus. The President | not knowing, referred the matter to the Quéen’s ad- vocate, and the answer he got from him was that | “he does not consider himself called upon to an- swer.’ Now, what is to be done? What a precious | state of things. Your Consul has been most unkind” Jy used, to nay the least of it, and that, too, by a {ew despote—the Judge, the Queen’s Advocate and Provost Marshal. If your government does not take some steps to investigate the matter, I don’t know what the con- sequence will be. They don’t show your represente- tive the least respect, although he is ss gentlemanly a man as isin the community—the address, at any ter logue tag tal btoiresgnte soa ter, and that by sending oat a you would e are all anxiously expecti aera to see ae — American government have to say about people here | seem deeply interested 1 abont the termination of the | affair; as America is.all they have to cupeas upon, tet prey wach poeta Deed Sees r. no one those who have done it would attempt such a singular to say, not one of to do with this colony but just to receive and as soon as they can better themselves leave the, poor Turks’ Islanders to shake for themselves. The vessel that brings this T4 that can tell more than can be written on the subject. i My pimciel reason for writing this time is be- cause | am sure it will be delivered, but am not so E sare of the others grange, Bie! As I said in my last, the man whom Mr. Nelson offended and then to was a Mr. Light- brother of Lig! bourn, of the firm of Tacker & Lightbourn, corner of Broad and —— streets. If you were only here two hours you would soon see that the whole proceedings are illegal and be able to represent them as such. Mr. Arthur, a lawyer, went on in the Gleaner—it is supposed here he ape! St a - goin to - State De- rE e an; iz that may be written by Mr. Nelson. You ought to caution the | authorities about him. ies I to have’ the ‘pleasure of thinking that I, through you, have been the means of helping to set the matier to Nights with your government. | Ay Exguismuas. | | W. was board! | miles from the city; Mrs. W. came to onr house on the | with my sister at the have | 1 ; it is State what you know about the character of that Pe. houre. A. It ip bad; it bas the reputation of having a great deaiof company; my opinion of the houses that it ins Cross-exemined by Mr. Busteed—I lived in New York before I went to Jersey City. . What do you mean by a bad house? . I mean a house where characters live who are not of chaste habits; I was never in this house and have no ae knowledge of it; I consider myself 4 judge of a = seas rekt I may not have been in it; I know rs. y . Q@ What unchaste characters were there who lived in that house? A, lonly know them to be unchaste by reputation; don’t know the men who went in there, but know them to keeping unseasonable hours; I believe that more than one family lived in that hou: Fre: Blunt—Have you ever seen Mrs, Coffin out at 2 ‘Objectea to, and objection sustained. Jchn W. McDougal, examined by Mr. Blunt, deposed— I live in Jersey City, and ama ter; ama man; have resided for tive months in a house in Prospect place with Mre. Coffin; resided there for five months about the first of June last, and lived the second floor from Mr. Thomas Weldon; in that part of the house occupied by Mrs. Coffin I have seen company over night; have seen empty champagne bottles, water melons, and peach stones on a table in the morning; as to knowing anything o) against the parties in that house, I can’t say Ido. 2 Cross examined by Mr. Busteed—Don’t know whether the bottles were empty, or whether the melons were ripe. To Mr. Blunt—There was no man attached to the fam- Peis F Low, ined by Mr. Blunt, deposed—I ugustus F. Dow, exami . Blunt reside in No. 12 Charles street, in this city; am a mer- ebant; have known John W. Hull for the last six years, but have not seen much of him for the last few months; know his. character for integrity and truth; it is bad; would not believe him under oath. Cross-examined by Busteed—Have known something of Hull during the last three years; he was my clerk; he left me in 1861; only know him since then by reputation. To a Juror—Hull was discharged from my employ be- cause he was guilty of dishonest practices. Henry 8. Wilson: examined by Mr. Blunt jposed—Re- side in this city, and am a merchant; John W. Holl, and have known him for the last six years; know his general character for integrity and truth; it is bad; would not believe him under oath. Cross-exawined by Mr. Busteed—I do business in No. 60 Beaver street and No. 100 Pearl street; | know the last ; he was in business with me onoe, but is not in partnership with me now; I presume that I refer to the same matters it Hull to which the last witness re- of Hull from our firm was amicable. re “rye: 2 iia dann. ii A . We 3 nothing further was a that personne ine 16. re t W. Gilloy, examined Mr. Blunt, deposed— ve in Westchester county, formerly did business in New York;1 know John W. Hull, and have known bim eed etn twat know his general character for trath;it is bad; for me to believe under oath would de- pend upon circumstances. Cross-examined by Mr. Basteed—Hall was clerk with me; was never in business with either of the last wit. nesses. Q. Ina matter in which Hull had no interest do you believe >o be would commit perjury? Obdjected to and question waived. Witness—What | individually know of him happened two years ago; have heard of him almost every day John Bottomry, examined ae Blunt, deposed—I reside in New York; 1 know John W. Hull; have known nim since 1841; I know his 1 cbaracter for truth; ; 1 would not him under oath. Cross examined by Mr. Busteed— brother, when I with Hull; he owes my brother, money, which he has never paid; have =ot spoken to Hull within the last three years . James Miller, examined by Mr. Blunt, deposed—I re- side in New York and am a merchant; I do not know Jokn W. Hull personally. 9 Do you know his bjected to and objection sustalwed. G Shaw, examined by Mr. Blunt, deposed—I live jeorge Shaw, in New York and am an importer; I knew Joba W. Hyll in 1841; 1 know Hull’s general character from hearsay; Inever heard anything good of him yet; I should not like to believe him r oath, Cross-examined by Mr. Busteed—Hull did owe me money, I compromised with him, and he ten cents in the dollar; I know that the who have talked to me about Hull, knew him; I have heard Simeon Draper and Robert Adock, and others whose names I cannot now remember, talk about Hull; [ only know that they were personally acquainted with Hull, from hearing them say 80. Francis Malcolmb, examined by Mr. Blunt. wk fy Mr. Blunt—What is the Christian name of your fe Objected to and objection maintained. Witness—I was here part of the time during Mrs. Malcolmb’s examination; she is my wife. Q. Did she ever tell you of her visits to the Eldridge street jail? Objected to, and objection overruled. A. Never. Q. Were you at any time in February, Mirch, or April, 1858, acquainted with the fact of her visiting that jail? Objected te, and the question was withdrawh. Juls'A- Whitney, examined by Mr. Blunt, deposed 4. Whitney, exai a ir. Blunt, — Trevide tn Bath, We. ‘and have ‘ved there since I was @ child; I know Mre. Walker; in the summer of 1846, Mra. at my father’s, some two or three 2ist of July, and left the 2ist of September; du: time she was absent from our house about a week, middle of Au when she went to Boston; besides that visit to Boston, I went away with her to a commence- ment in Branswick, in September, and was absent then one whole day snd of two others. Cross-examined by Mr. Busteed—Knew Mr. Walker at the time I have mentioned; did not accompany Mrs. Walker when she went to Boston; I think her absence aid not last h¥ days; while Mrs. W. was at our house, her hu came as often as once a fort- night to see her; when we went to the commence- ment, I staid in Brunswick ot the time, and at Topson also; Mrs. Walker id at Mr. Stone’s, in Brunswick, and at Mr. Walker’s, in Topson; I did not go with Mrs, Walker to the commencement; 1 aaw Sena- tor Evans there, but did not see him in company with Mrs. Walker; don’t know Senator Evans to speak to him; don’t know whether he and Mrs. Walker were together that evening at Mrs. Stone’s; I know Dr. Heartwell by that the | sight; I never knew of his coming to visit Mrs. Walker while she was at my father’s house; a great many ladies visited Mrs. Walker there; no gentlemen came unless accompanied by ladies. William R. Thurston, examined by Mr. Blunt, de- posed—I reside in New York; ams hotel keeper; ‘keep the New Haven House; bave known Elias D. Pierce some four or five years; I know his general character for in- fF ith; it is bad; I would not believe him un- ler oath. Cross-examined by Mr. Busteed—Have kept the New Haven House some yn months; some six months before that I kept a saloon at 78 Chatham square; before then I was in , and kept the Pemmelton House there two years; before that I kept the Jadson House, in some three years; it was while here ‘that m; Sane with Pierce commenced; I saw him atthe was in Boston almost daily; left Boston in October, 1862, and next saw Pierce in January or Feb- ruary, in New York; saw him at my place of business, where he used to come to see me; the second time Pierce called on me he came about the lease of s basement I bad at the corner of Varick and Canal streets; I let him have it for a short time; he owes me ; 1 have heard Horace D. Colby speak of Pierce; I have rd Mr. =. Burgis say that he would not believe Pierce under oath. Texter A. Hawkins, examined by Mr. Blunt, deposed—I ama lawyer, and reside in New York, know Mrs, Walker; have been at Harpswell three or four times; was there in August, 1848, for two weeks; Mrs. W. was there then. Mr. Busteed here admitted that Mrs. Walker was at the Mansion House at Harpswell during 1848. Witness—Met Mrs. Walker at the Mansion House, kept by Eaton, o witness examined in this cause; some ladies and her cl were with Mrs. W.; I know Dr. Eeart- well by aight, and did not see him there on cnt occasion. Crons-ex: —I first saw Dr. Heartwell at Harps- well in 1847 ina oeppalls the Mansion House, bout ® quarter of a shore; don’t know that I cone Heartwell afterwards {till I saw him in court Q Have you ever had any conversation with Walker about the intimacy ot Dr. Heartweil with his wife? Obdjected to by Blunt, and objection maintained. To Mr. Blunt—Was at well twice jn 1847—one day each ; on neither occasion did I see Mrs. Walker Hannah Slade, examined by Mr. Blunt, deposed—I am sister of the plaintiff; I live in Boston; i was in commencement held in Bruns in 1846; we ataid at Col. Stone’s, who in s cousin of Mrs. Walker; we went on Wednesday Col. when Mra. W. boarded at Mr. Foot’s, Mra. Whitney's father; I remember when Mrs. Walkez visited she passed ep Boston and came to ug; we . Basteed—I did not see Senator Evans that evening; I took tea with Mrs, W.; the party separated in the evening; Mrs. W. either went to a con- cert or td an address before a society; Mr. Evans and bao) or Lege ony og” pe gar her; Frond bg chee 4 abou Past nine—not later; ras fi Seplenbening Stone, I think, was one of tac ladies who accom} Mrs. Walker; Miss Orr, and I think Miss Hold! accompanied Mrs. W.; Senator Evans wae the only with them; Isaw those ladies again that . Stone's; I did not go with t Mrs. Walker to the concert; I per; Evane did not take tea with ns imeem "RS SSE fe Won pace ira mn, exami + Blunt—! of Mrs. Walker? was at Tatfewell ie toas ‘was here three weeks, nearly all the time she waa there; Iwas there when she started to return home in company with ccupied the Houghton party; Mrs. W. then o tlie room No. 4, next td mine; Miss Caroline Walker roomed her; { remained there a week after Mee, W letter cn at any tune auring that ‘arver , I went home and found Mra. Walker at I Bry father's boebe in Bath; I went thence to Augusta, is | '* red with Lieut. and Caroline Waiker; I stayed at at Augusta for several days, house; Mrs. exhibited to me letters;1 have seen three letters were sent to her, and two books. Q. What did she say to you in reference to those let- ? A. She told me she bad received them from Mr. Wal- er. Q Did ? a see these letters? A. Tid, Q. To whom were these letters addressed ? A. To Mrs, Warner; I did not read them. Q. Did she state to you the character of the contents of those letters? Objected to and objection sustained. Q. Did she not state that she bad received an impro- pe tion from Mr. Walker? . Yea. Cross-examined by Mr. Busteed—When Mrs. Warner exbibited those letters to me, she exhibited all three at once; she them in her hands, read them, and burnt them up after; this was late in the fall; don’t know the month, but it wae in 1853, 1 believe; it happened in Wal ker street; she burnt the letters ina stove in ber own pyneeerens; Thave not spoken to Mra. Warner for a year; Thave not visited her since she lived in Brooklyn; we do not vi we are friendly together; the books were pam- lets; she did not burn them; I had the books in my nds; I never had the letters in my hands; I can’t ‘ell how the letters were addressed; on the inside they began “My dear Louisa;” they were very indecent letters; they were directed to Mrs, Warner, I’ believe; did mot read the address; I read no part of them; I knew Mr. Warner at that time, and don’t know of his receiving any letters from Walker; don’t know with what kind of ink the let- ters were written; they were neither sealed nor wafered; they were on small slips of paper, and were tied with a string. To Mr, Blunt—When these letters were exhibited to me Mrs. Warner was living in the same house with me; T think this was in 1853. Several letters were here produced by the counsel of the plaintiff, and all were admitted by Mr. Busteed to be in the handwriting of the defendant. Mr. Smith said that a letter had been luced by the writing of Mrs. defendant, purporting to be in t! Walker. [Already published.] These letters, which in evidence, were written by Mr. to Mrs. Wal- now offe ker since the date of that letter. ‘They alluded to it par- ticularly in two instances, and in them Walker express- ed his confidence in his wile. Mr. Busteed objected to the production of these let- ters. ‘The Court ruled that the letters might be read to the jury. "iis. Smith then proceeded to read short extracts from some of these letters. One, dated New York, November 1, 1860, on the question of residence, stated—'‘I shall Ui tiate Socotra pitas en Seepet 18. Ors eX] ti on of Walker towards his wife, and oar pede wo the letter of Mrs Walker to Mrs. Ws . Mr. Busteed wil) read the remaining parte of these letters to-day, after which they will be published in this Pie Court adjourned as soon as Mr. Smith had con- cluded making extracts from the letters in question. Railroad Affairs—The of Stocks and ee [From the Albany Atlas, July 3. A glance at the stock lists of the Y stvofpal cities shows an extraordinary state of affairs in the market of railroad securities. In the New England States, the involvement of the different lines in complicated [set oigel nme the competition of rival routes have ht many of the roads to utter ruin. In the Weatern States, roads built with wonderful cheap- ness, Going large business, and I dividends, have laterly resorted to ent of issuing. stock divi Which has the inevitable result of lowering the value of the shares, thus ing in number. Inother cases construc- tion stock has been issued to contractors for adding new or extending old lines. In other cases again, one railroad ae Toad, ant oftener still, the directors of a prosperous line have undertaken, as contractors, to construct a new road under another charter, using for that purpose the funds of the old road, Sepestting its earnings in banks within their control, and drawing them, in discount of their own paper, and holding the affairs of the old line wholly subordinate to the new pro- ject. Capitalists at the East have found on examin- ing into the affairs of Western enterprises, that their solid capital has been subjected toa wire pupa which, though it has extended it to a dis- lance never dreamed, has attenuated it to such a measure that it is hardly visable to the naked eye. These abuses of watering” the stock, instead of Hquidating the debts, and these fications of roads wit! roads, and lines within lines, all, or nearly all, arise from the fact that the government of the roads is left in the hands of railroad contractors, aud that the interest of the directors is separate = and often repugnant to that of the stock- olders, In this State, the depression of railroad securities is the result of general canses. The Kee pe of the country is inadequate to the multitude of enterprises pomiae spo it. The chenp western roads have ited capital by their large dividends and attractive exhibits of business. The most absurd enterprises within the State are forced upon the public by the pertinacity of interested cliques. With the stock of the Central line, the only rail- road to which nature has valley thatjoins the lakee with the tide rs, @ partnership of es- tablished and An eed enterprises, with below enharjrrdo the shares of the Erie road, en- with $3,000, by the State, at half price, with the Hudson River and railroads averag- ing about the same, a few capitalists and some con- tractors and speculatorrs with petty subscriptions, aided by a prospective grant of city credit, and the Es forwarders of moderate means along the line, have undertaken to build a road from this city to thamton, a distance of 140 miles, at a cost of "To ald this work, the contractors who ropose to is , the cont rs wl build it or expect to supply it with runtentals’ forced 8 fraudulent vote of the city credit to the amount of halfa million. The same or similar jobbers get hold of the Albany Northern road, administer ita affairs recklessly and ipl , and having bro- through ken it down, smuggle Legislature an act to re-imburse themselves at the expense of the iunocen ciineae already the victims of their rapaci- and folly, Tithe fault here is that too of the roads are in the hands of the contractors, of men who have an interest in constant, excessive expenditure. Ex- penditure now is carried on at nearly double the cost of former years—labor, » and money all costingmore. The State, too, enters the market to elevate prices, and tobe an element of further disorganization of credit and prices. Travel and trade multiply upon the roads, and the exhibit of receipts shows a vast increase of profits; but the new work constantly projected and undertaken, at the instance of dealers, at prices altogether without aralle} in former years, absorbs the whole of this ttering exceas, Nor is there any m; in this great inflation of the value of money and labor. Pwenty years ago, the surplus capital of the country not invested in ordinary trades, was hoarded in the limited nation- al and State stocks and the few city credits then is- sued, and of these foreign capita Id the largest share, Now hundreds and thousands of railrvads crowd the market as borrowers, and States, afd cities, and communities issue their credit in their behalf. The European market is closed in the midst of this demand, and the surplus capital of this country is inadequate to the vast scheme, which, every step it takes, withdraws from legitimate bu- sineas more and more of the meana of its existence. The failure of these immature railroad schemes, is, therefore, a relief to the community, instead of a matter of regret; and if they lead to a reform of the Pron gel the purification ‘of the directorship of roads, will result in a great public benctit. The Police. ‘a og eto a ot Ahn In over inst. T observed rd article entitled the “ Safety of the Streets,” followed by “A gross outrage on one of our native born citizens,” at the corner of Macdou- fal street and Wi lace; and, further, ask- ing where were the the time—rather cast- ing a stigma on the , and directly allud- ing tothe Fifteenth ward. Now, sir, the publi should be informed on this subject, deavor to show them where the officer might h: been at that moment, for article shows it was a momentary act. The officer starts on his beat from the corner of Fourth street, up Macdougal to Kighth street; down Eighth street to the Sixth avenue; down Sixth avenue to Bleecker; up the same to Cottage place, or Hancock street, through Hancock to Houston; by the same to street; up Macdot to Fourth street to the place of begin- ning. Now, sir, atthe moment when this out was committed { will leave you and the public judge whether the officer could not be faithfuliy dis- charging his duty on some other of this lengthy beat, as to have 10 be atthe spot | where the scene you ef took place. The po- | lice are too often unjustly censured, for the want of information like the above. Yon will do no moro than fase to the department to give the public above anewer to your article. Yours, respectfully, Ww. op expected FINANCIAL AND COMMERCIAL. mo Y MARKET. Weowmpay, July 6—6 P. M. ‘There was an intense excitement in Wall street to-day, caused by the announcement that there had been a large ‘over issue of stock inthe New York and New Haven Railroad Company. This intelligence caused a great deal of talk in financial cireles, and it will be « long time before the public mind will recover from the effect of the disclosures which have lately been made of this character. We received, at an easly hour this morning, the fallowing notice from the Executive Committee of the Company :— $ New York axp New Haven Rartaoan Company. York and New Haven Railroad Company feel it their duty to avail themselves of the frst moment to give notice to the public’ that upon a my examina. tion, made by them, within the tast twenty four hours, of the stock of the company, kept by President as transfer agent in New York, they have ascertained that an and unauthorized issue of certificates of stock of com to + large amount, have been made within a few Toate, which are now held by par- ties, ignorant of its character. It has been impracticable for them within the short period since an Satyr cnet snes ines eet examination will be made at once by the directors, and the public will be promptly of the result. ‘New York, July 6, 1854. On Monday, the 8d instant, Mr. Morris Ketchum, while sitting in his office, wee visited by several gentlemen, who were desirous of getting his opinion relative to the present and prospective value of the stock of the New York and New Haven Railroad Company. The low prices current, and the rapidity with which prices have run down, created some curiosity on the part of Mr. Ketchum to know who was selling the stock at such a deprecia- tion. To satisfy that curiosity he went to the transfer office and looked over the transfer books and stock ac- count. He added up the stock account and found but a trifing discrepancy in the aggregate—not sufficiently large, however, to create any suspicion of fraud. The excess of stock amounted te only about two hundred shares, which he thought might have occurred in some mustake between the different transfer offices of the company; but the answers he received from the ques- tions put te the clerk aroused his suspicions more than anything else, and he immediately took possession of the books and carried them to his residence. On Tues- day, the 4th, Mr. Ketchum, with Mr. Sturges and Mr. Burrall, carefully examined the accounts and discovered an over issue of about nineteen thousand shares of stock, the par value of which is one million nine hun- dred thousand dollars. Soon after the election for directors, held in New Haven, we received an anonymous letter from an indivi- dual in that city requesting us to call the attention of the board of directors to the acta of their transfer agent, who’ was the President of the company. We treated it as we do all anonymous letters containing charges against individuals, and let the matter drop ; but the writer was evidently posted up in some way, or had his suspicions regarding the stock accounts of the company. It is al- most impossible to get at the truth of any reports or rumors in Wall street, in consequence of the suspicion with which everything in that vicinity is received. The two great speculating parties are continually at work manufacturing all sorta of stories for the purpose of raising or depressing the market value of certain stocks, and everything we hear must be received with a great deal of allowance for the motives which actuate the in- dividuals engaged. The issues of stock by the transfer agent of any company is @ matter over which the direc- tors exercise not the slightest control. There is no super- vision, and with a non-dividend paying company an over- issue could be carried on for years without discovery, ‘The over issues in the New Haven Railroad Company have probably been going on since May or July, 1853, the time when the payment of dividends was arrested by the Norwalk accident. Since then the amount of stock issued never has been known to the Board of Directors; and but for the failure of the house of which the transfer agent of the company was a member, it might have been some time longer before anything fraudulent would have ‘been discovered in the stock accouat. The Parker Vein fraud would not have been known but for the desire of a change in the management, and s closely contested elec- tion. How the New Haven company escaped an expose at the last election is a wonder. The vote must not have been large enough to excite suspicion, which gave the party concerned in the fraud another year at least to carry on his game before discovery, but for the sus- picion alluded to. So far as ascertaine? up to a late hour to-day, the over-issue amounted to nearly two millions of dollars. It will probably go far beyond that figure. The Board of Brokers prohibited the calling of the stock, and there was no transactions in it. All deliveries of stock on contracts have been suspended, and everything connected with the stock will be held in abeyance unti! the executive committee of the company report the re- sult of their investigations. This is really an unfortu- nate state of things. The extent of the fraud, the respectability of the party concerned in the swindle, the position occupied by the suspended house, and the effect of its innumerable contracts becoming null and void, all make it one of the most deplorable events that has oc- curred in Wall street for many years. No one knows who to trust, and such acts destroy all confidence and fill the public mind with doubt and distrust. We know not who the next defaulter may be, and we know not which com- pany will be the victim. That there are other railroad companies and other incorporations in # similar con- dition, we do not fora moment doubt. We have very little faith in the management of a majority of them, and believe there are a good many weak spots in the best of them. One of these days the truth of our statements and strictures relative to certain banking institutions inand about Wall street will appear in a shape too strong to be removed by the mere assertions of the parties concerned. The board of directors and officers of the New Haven Railroad Company have bad the entire confidence of capitalists and the community. Investments have been made in the stock,’even at the depreciation since the Nor- walk accident, believing it to be good. We have had our doubts about the administration of the company’s af- fairs, and bave frequently so stated; but the character of the men engaged removed from the public mind all sus- picion, and the stock was held in large lots by some of our shrewdest financiers. The result has shown that all menare Hable to err when circumstances favor and temptation is placed in their way. The house of R.& E. L. Schuyler have for some years past been extensively engaged in railroad contracts, and in the management of railroads after being completed, Atone time Mr. Robert Schuyler was President of five companies. The opera- tions of the house were exceedingly large, and their finan- cial affairs doubtless became involved by the great depre- ciations in the market value of the diferent railroad securities in their possession. Sometime since we alluded to the fact that reveral large holders of New Haven railroad stock had been compelled to realize to meet the payment of instalments on investments in the bonds of western railroad companies. We referred then to the Messrs. Schuyler. All sorts of financiering has been resorted to, to keep the machinery of the con- cern in operation, “and all failed at last. The over- insue of New Haven railroad stock is only a part, we fear, of a system resorted to for the purpose of raising avail- able means. A large portion of the st6ck over-issuel has been hypothecated. A large retired capitalist who has long been known as an extensive steamboat propric- tor, has near a million deposited as collateral for loan« considerably below that sum. The balance will no doubt de found similarly situated; but what course the com- pany will pursue under the circumstances, isa matter for future consideration. We have no disposition to anticipate their decision, or to point out to the board) of directors their duty. They have a delicate and difficult task to perform, and we have no doubt they will do it unflinchingly. The question of the Mability of am incorporated company for the illegal and fraudulent acts of its servants, is not #9 clear, and it is full time it was disposed of, so that the public may know what guaranty it has, or whether it has any. The over- issue of the New Haven Railroad Company is upon a more extensive scale than any which have preceded it. Itinvolves the sum of two millions of dollars—an increare of nearly seventy per cent on its legal authorized capi- tal. Itis probably the most stupendous fraud any indi. vidual ever was guilty of in any community. and the source from which it emanates makes us tremble, for we know not who is safe. The manner in which the transfer and stock account of all companies is kept is so defective that it is the easiest thing {n the world for s perton #0 disposed to over-issue stock to any extent; and some change should be made in this important department of office business. Surely some wayjcan be devised by ex- perienced accountants to prevent such frauds as we have recently been obliged to record. Something must be done, and that quickly, to protect the community from the swarms of speculating financiers which now infest Wall street. Tbe amount of gold and gold dust entered at this port from California, during the month of June, 1854, was $4,648,142, The commerce of this port, during the month of June, 1854, compared with the corresponding month last year, waa aa agpexed — Commancs or Tus Port ov New You, Junm, 1863 ax 1864. Imports. 1858. 1854, 18,690,517 $8,475,330 144,900 2,148,049 116,021 158,814 $10,782,187 pete 4 $13,206,259 bear 774 148,500 sss, 183 Totale,. 10,290,723 ® very great improvement in the foreign trade of this port in the month of June this year, compared with last. There has been a falling off in the month in the value of imports of $3,427,584, and an in- crease in the value of exports of $1,474,500. This makes a difference of $4,902,084 in our favor in the foreign trade of the month. It is true that the increase in ex- ports wae principally in the greater amount of specie and bullion shipped, butas the precious metals have become as much an article of export as cotton, bread- stuffs and provisions, it should not be looked upon in an unfavorable light. The steamship Canada, at Halifax, from Liverpool, brings highly important, interesting and enowraging intelligence relative to the progress of hostilities and the position of financial and commersial affairs. The market for cotton was active at an advance in prices. The im- provement is attributed to the nature of advices trom this side of the Atlantic. Consols had rapidly risen, ynd a buoyant feeling prevailed at the Stock Exchange—the result of advices from the seat of war, of the success of the Turks in driving the Russians acrosa the Danube. Quotations for breadstuffs had fallen considerably, in consequence, it is reported, of the fine weather and the satisfactory condition of the growing crops. The news, on the whole, so far as we can judge from a tele- graphic despatch, is favorable, and, but for our local difficulties, would have a favorable effect here. A. H, Nicolay’s semi-weekly auction sale of stocks and bonds will take place to-morrow, Thursday, at balf-past 12 o'clock, at the Merchants’ Exchange. The Bank of New York has given notice that its re- maining instalment of fifty per cent will be received at any time between this and the first of October, together with interest at the rate of seven per cent per annum, from the first of July to the day ‘of payment—such stock to be entitled to all future dividends. The Paterson and Hudson River Railroad has declared a semi-anual dividend of three anda half per cent; the Wasbington Insurance Company six percent; the North River Bank five per cent; the Merchants’ Insurance Company « dividend of six per cent. The receipts of the Hudson River Railroad for June were $128,073 38; June, 1853, $64,978 79—increase 26 per cent, $83,004 59, The warrants entered on the books of the Treasury Department, Washington, on the lst inst. were:-- For the redemption of stocks. e men| or For the Crstoms For the War De For the Navy For the Interior 18,227 48 For re-paying in the Interior Department + 17,080 15 We learn from the State Auditor’s Department that the receipts of the New York State canal tolls during the fourth week in June will exceed the amount collected during the safhe period last year by about $3,000, making the totalincrease during the month of June this year, over last, more than $20,000. “J Very little has been done in dry goods since our last. ‘The extremely warm weather, and the recurrence of our greatest national holiday, have obstructed businsss. On this acconat we have no important changes in stocks or prices to report, and, in consequence, we give our usual review of the trade in the briefest terms. Brown and bleached sheetings and shirtings exhibit no animation, but remain in moderate supply and steady in vatu.e De- nims anddrills are also quiet, though stiffly held. Duck is in pretty lively request at full rates Ginghams are not active, but continue firm. Lawns attract very little attention at last“week’s quotations. Osnaburgs appear dull and heavy. Printing cloths have not varied much. Prints are likewise unchanged. Stripes and ticks are sparingly sought after at former fgares. ‘We subjoin our usual comparative statement of the shipments hénce of cotton goods during six months (to date) of:— J " wo aes” januay, bl = pebresgy ee 783 4011 = March,’ « 8,764 > 2,121 April,’ 8,908 8,958 May, = 6,121 (2 4% June, | 1,700 2,753, - Tote! phgs’....21,736 16,629 5,205 = In woollen productions there is nothing of moment oc- curring. Blankets are dulland nominal. Cassimeres are in slightly improved request, while cloths, doeskins, flan- nels, jeans, and linseys remain inactive at our previous prices. Mouslin de laines are unaltered. The fresh sup- plies have not been opened to the public as yet. We have seen come of them, however, and, in view of their marked excellence, can commend them as being of very superior quality. Satinets and tweeds are as formerly reported: The movements in foreign goods since our last have been too insignificant to justify an extension of our remarks. Hence we conclude our review by observing that this branch of the business is quite dull and languid. Stock ———-. EDNESDAY, July 5. ex div 81 35 sha Gal &Chic RR 124 1000 Cal 7’s,’70, 1000 Pan be, ‘ist lune. 100 21 Mich CentRR... 93% 1000 Frie2dm. bds.. 10075) do... .b8 98 $000 IN Cent] RRbds. 7414 50 9000 NY (ntl RR bds 86 60 100 sha Del &Hud Cal 1093¢ 20 Mich S01 150 Canton Co. 23 50 de 13 do. » 5 Little Miami RR. 99 p Penn Coal Co,... 104 1 do. 6036 60 Ill Cen RR 6 pr ct 112 SECOND $1500 NY CentIRR bs 85 CITY TRADE REPOR Wrowmspay, Ju! Aurs.—60 bbls. brought $5 50 for iT. 6—6P. M. , and $6 8114 for pota, per 100 Ibs. Brrapervrys.—Flour was in leas demand, at rather lower raten; the day’s sales ineluded 7,000 bbis. : inferior State at $6 25 8 $6 50; common to choice State, $6 16 a $8; mixed to fancy Western, $7 121¢ a $8 1834; and other kinds in proportion. Some 900 bbls. Southern were pu ‘at previous figures. Rye flour was in- active. 150 bbls Jersey corn meal fetched $3 8114 8 $3 £14 per bbl. The sales of wheat were confinod to 10,000 bunhels Upper Lake red at $1 45. Rye and barley were Corn continued to favor bu: ; the day's operations embraced 43,500 bushels, at & 68. Tor unmerchantable; 70e. a 76¢. for mixed Western; 76c. a 78c. for round yellow; and 80c. for Southern do. J ush state and Western onts were depressed, at S4c. 8 58e. ushel. Conrkx.—The market was dull, and sales animpor tant, including lota of Rio at 10c. a 10%c. Corrom.—Bales were limited, and estimated not to ex- ceed 400 to 600 bales, at about Monday's quotations. No bee ig reported after the news Canada came to Farionts.—Rates to Liverpool were firm, though en mente were moderate; 10,060 bashels eau, in » were engaged at bd.; 6d. was asked in for corn; 200 bales compressed cotton were engaged at 7-324. For flour 2s. 8d. was asked, and 100 boxes bacon were en; at 20s. To Bremen 200 bales cotton were en- fF at e., and 15 tons measurement ia at 15s. fo Havre cotton was ‘ic. To Glasgow 3,000 bushels ‘in were taken at 74. There waa no change to notice rates for ia. Fren.—Dry cod and mackerel were quiet, though stiffy ; 1,000 boxes smoked herring found buyers at 45c. for sealed, and 280. for No. 1, per box. Hay. —dales of 500 » 1,000 bales were made at 700. Laav.—The market was ry Galena was held at ‘e. baile o> fem Cc. & Lom —! land was dull and nominal, at 87 ¥c. for common, and $1 abanedpen gh rh Ons.—Whale, sperm and olive were as last noticed; 3,500 linseed realised 78, a 80¢. por gallon, and RGe. per gallon. Paovieions.—Vork wae in stead, 7 Teached 1,600 bbis., at $12 123, 2 $12 25 for mess, $11 25 for soar mens, and $10 9% for Vg pd bbl. Cat jaeats wor dull and heavy. 200 bbis. were sold at iy requert. The sales O3gc. aXe. per Ib.; and about 200 bbls. beef at form}, prices. Nothing new occurred in butter or cheese. Rick—The market was inactive, with small scales $3 76 a $4 25. Svcans.—There was very little doing, while prices r@ mained about the same; 100 hhds. New Orleans we: sold at 43¢., and 100 #200 Cubs, in lots, on terms mo! stated. * Wuiskey.—There were 300 bbls. Jersey, Obio and Prisoxs disposed of, at exe. 8 27c. per gallon. . ___ ADVERTISEMENTS RENEWED BYERY DAY. BOARDING AND LODGING. BROADWAY.—AN BLEGANTLY of rooms to let tos family or single gentle> ; meals Swo bingle rooms. ‘The house sontaine all the sreaees provements, AND 57 WEbT TWENTY-THIRD STREBT.—A FEW 5 select ies and geamtlomen cam be acco! . with suite or single rooms in that cligible brown stone builde one of the mort rome mate recddons, salt is ced the treatect teeta in tic ae and cannot be sur, for convenionce to stage and carta $4 = W7Es FOR BOARE aay toa ROOMS at Rear RMT Cty each. iy Tweat streets. VING PLA CORNER OF FOUR’ 1 Bie OOS oe Sere ts the eit hy Southern irable residence. RNISHED PARLOR AND BED- (Righth street) to» jreom. ‘AP THE MOS? DESIRARLE AND RESPECTABLE persone r8 decline expoaii houses ae such im pablio, and of sdvorvatag baing uate boarders cam ry infor Mitely directed to euch, free of charge. Office, Clinton OoPneE of Kighth street and Lafayette piace, SUIT OF HANDSOMBLY FURNI the second story, to let eee — ‘and in. the mo Gav and vais, Please call before ll or afver 3 o'clock, a& No. 9 Prince street. LADY AND GENTLEMAN, OR TWO SINGL' gentlemen, can be secommodated with full or par! rd and goo Eighty siath street, between rth and doors north of Fourth Horeld office, of or transien! & remarkably cool, a1 ONE OR TWO GENTLEMEN, OR A GEN- nd his wife, cam be accommodated with pleas- Ant rooms, in ® most deightful location om Broe! Heights, by applying at 104 Hicks street, corner of Clark. BER ree AN UNFURNISHED ROOM AND ‘bedroom for a gentioman and wife, ia a private family, in Seventeenth ward, ve eb, Refer~ ences given and expected. Address KE. W. 8., 007 Pearl at. AND THEIR WIVES OR 't of large or small rooms, that an ap #0, can ortain them ton and 44 Hudson streets, om the corners oarders will be taken. Cl a very: OARD.—AN EXPERIENCED NURSB. would accommodate lady who 8, with board and bei cation, or am infant would be taken to dry ne two days, at 87 Houston street, near OARD WANTED IN BROOKLYN—BY A gentleman, afew minutes walk from the Fa! jeighborh 20d o' arutrect. praterteds “Address 2,500 New York Post office, OARD WANTED BY A LADY-—IN A PRIVATE family, where there are but sy ol ether boarders. Terms not to exceed $7 a week. a wey Post Office. Inquisitive persons need mot answer this. Boe WANTED-IN A FARM HOUSE, wanes there are no cther board for s gentle ), ant sister, where there is sea b: bathing; t) As, and good wholesome fare. Address W. C. Colt, Broaa- rms, iocation, &c. WN.—TO LET, IN A CODL AND to s gentleman aad orto men, two or three rooms and = ¢ house has modern improv. id cold water, &c. Apply a} 203 Wi Bore, P TO t poo haned location, les en | joors. with board. with ing an excellent walk of Fulton IN SOUTH can be scoom: Wo. 90 Presid: comforts of « ho: se new with gas. &c.. within three minutes walk of avenue ferry, and ten of South ferry. Terms rea- OARD IN SOUTH BROOKLYN.—LARGE ROOMS TO let, with c’osete, suited to families; one, also small. for ai, Rersen. Arpizat 395 Henry street, near Hamiltom youth fe Reference required. OARD IN SOUTH BROOKLYN.—A PRIVATE Pam. ly. ocoupying @ first clas house close to the South: ferry, Brock)y! Spby 0 sccommodate one oF twe fe jemen, er & wil t mi, apt a Pacific street, Apply a b ‘ Bieks strest, Brooklyn W BRIGHTON, STATEN ISLAND.— lad: two children and ser- with partial board e ily must be pri Address, stating terms, adjoi 0 will be requir jeep no other boarders. 2 46 Post Office. OARDING —A LADY, HAVING TWO OR THREB desirably furnished ishes to let them, with or ‘suitable ‘or a re- B., box situation is cor ie, etnquire at 60 Pulte Fi OUaz, BOARD*+FIVE FINE, AIRY ROOM! 8 TO let, io » large boure, beautifully situated om the Rast river. within half an hour's soil of the city. Soatherm families who perior ac Apply fr: atl his @ charming hom: Prout stress, front office, up stairs. — WANTED, FOR A YOUNG ‘Fm some where withia Sfty miles of terms le~ ir lars Corner of Bewery and Bi Mi oe ao requiring four rooms; lo mi rl 11 shaded a pie Ad Sspeands pahadel ed planets “added RLIGHTFUL SUMMER BOARDING—AT THE COOR and bealthy vill Nyack, west bank of shearer er ‘York. ed New FURNISHED | Rooxs 10 LET, 10 LADIES OR gentlemen, without board, Bowery. d, OR UNFURNISHED ROOMS TO LET-IN Brvtiewpper U nity, of Ti int y villags oon river, one hour's Parker, Tutress, 235 York. ity, in 6) iia inute’s walk of the Eight Srenue cart Fier nwo Wi ROOMS TO LBT, TO SIN- f u family, ot 39 Bank pet ANTED-FURNISHED ROOMS, FOR TWO 0} three enn ‘tlemem. Location not toe far up te" or peer the ter 2 Hoboken. with partiou! C. T. Roome, Herald of add ice, pest paid. vais) ANTRD—A NEATLY FURNISHED ROOM, WITH Wty of Sinkteseth ctrget aed bateeen Pesth ana Size wo a breanes, FS BER A Ta | oo lll PURSUANCE OF AN ORDER OF THE SUR- ven Ca to 7 of New wie cipersone bnvlng. olsime against Jonp & aaa: othe S008 Gag of ow Tork, OUTER BOAWEEWT, Publte Administrator. SUPREME COURT, WESTCHES’ for Pollet (ome not served ) are hereby summoned, and Teguired 9 int in this gotten, yalee, was od pene as Waite A he county o! aty, 08 om %, Stcterala: the plateeit a | the for the relief Fancsaca im the o plaintiff's attorney, Tarrytown, Dated Jone 13, [s4. RA! LED COTTAGE NTTORS. MAT Bra nRissatete ae, Brean, ceedtes cae ipa hae wean staat fon ga ao is rhc