The New York Herald Newspaper, July 21, 1854, Page 3

Enteresting from Japan. WALE INTO THB COUNTRY—viSiIT TO HOUSES AND [From the Bisgheraton Repatli y We have been favored by Ool. Robie with the fok lowing interesting letter from his son, written to his pores, which we have no doubt will be generally cep ac le to oursreaders:— Fees Frigate Mississreer, U8. Off Canagawa, Yeddo Bay, Kok April 3, 1854. The Japanese say that they counted 160 American vessels passing Matemai last year. We soon expect wo up there and make a careful survey of that harbor, while the other vessels of the dron will THE WATERING PLACES. Gur Cape Island © Care Isuanp, Jaly 19, 1964. Immense Influx of Visiters— The Second Grand Hop of the Season— The Sectional Grades of Society— Philadelphians and Baltemorcans— An Opera Re- presentat ion--Distinguished Arrivals, Cape Island is now rapidly filling up, the com pany now numbering move than four thousand visit” ere, gathered from every quarter of our country. The second grand hop of the season came off at Femain at Symodey until we ceturn. | The Japanese the United States last evening, and there was a Ievangpeed to ¢ good care of the crews of aay Deilliant congregation of beauty and gallantry. On | American vessels which may be cast away on the coasts, and, in fact, they will extend to us all those immunities and privileges which one civilized nation expecta from another. They seem tobe as much pleased with the friendly result of these negotiations as we are, and all rejoice to think that they have at last consented to open their ports for trade with the “Model Republic!” To-morrow morning early, Captain Henry A. Adame will sail with the treaty, in the Saratoga, for the Sandwich Islands, whence he will proceed by the shortest mail route to Washington, and then lay the treaty before Con- eae for their approval. He expects to get back we with the ratified treaty by the first of Sep- price Theis soon after his return we are to sail for ¥ There, I believe, I have told you all the news now in regard to this Japan business, and I cannot think of any thing more interesting to tell you than to gree deacription of a day’s walk » Last jay wasa bright sunny day, and at 8 A. M. Danby and I went ashore to take up the railroad track, and box up the locomotive, entering, [from the dimly-lighted portico, the spacious and brilliant hall liuminated with glitter- ig lights, where the beauty and fashion of this merry watering place ware assembled, we were struck with the spirit, life and elegance of the scene. On rows of lounges arranged around the room were about three hundred ladies, whose bright eyes were glancing over the Byely ecene, rivalling in brilliancy the glittering gems that sparkled on brow and bosom. In addi- tion to an almost impenetrable body of gentlemen, manding in the vicinity of the door, the portico was @Mled with them, while others more enviable were @astered round the lounges, gaily conversing with ‘Beir fair occupants. The moving galaxy of grace and beauty that floats down Broadway can not at any time present more fashionable and elegantly dressed prome- maders than enlivened the first bop here, i Eg ply oh A a jon. in drese and style at Cape Island A rat enter is used as an at ‘here many residents of the North- | a smoking room; it is with @ straw mat- en spend & portion of every summer. ting, and the furniture consists simply of a large In our ition of society here we shall simply & charcoal fire, divide it intotwo parte—! and ticks to lift out the coals when you wish to Moreans, premising, however, that it requires a deli- Seneh tonopeese then they are eo intimately r the residence of a few Saye yoo ean rea determine the home of esha id i re 5 Gi Not gratifying ®% remork the 1d feeling which -pervadea the wwaltitade assem! from these conflicting sections @ our country. “Ata watering place it is an impos- sibility to. keep one’s self to one’s self. One is to, ange the courtesies ‘with the individuals with whom one is thrown into lose contact, it is F gers He 4 3 Sede Mpoasting which always betray the ill The revels st the United States ty late. What with the cristata dhe sb wmuncry byplave, }») time a ii i E i assed away Er & rH ge U3 i f E i 8 hd ey elo- quence so often layed in the pulpit. A repre- sentation of Sanford’s Opera Troupe sonatituted the amusement of the visiters one evening last week. pe bahemance wanqsod, sad many of the airs exquisite. Their mn of that miracle, Ole Bull, was inimitable. We fancied the | Beibu!l, as Mrs. Childs calls him, was echoing ‘the choral hymn of nature. the distinguished arrivals at the Atlantic , during the week, we mention Gov. & the political world. We must not omit to make mention of Mr. ef Hl i ef Sesek. , and John C. well known ie @ those ready courtesies which wow: in themselves, are valuable to the wecipie! M. Merder and Lynching In Texas. TWO MEN SHOT BY DR. LINTON, FORMERLY OF THE some time ago. The Japanese keep a guard over his grave it and day, for what ie ia = bower ty gravelna large col- | ve-stones, carved figures king , them. Te avery somantio plaees ‘Wa now visleed | smother temple, and os » large crows wese ney fob lowing us, I considered it a At opportunity # ad- dress a few remarks to them upon the wickedness of the course they were pursuing, and exhorted them | to reform. As my remarks were received with it applause, Kellogg mounted the rostrum an: | deavored to le the deluded pi to throw repent. They as they understood. rg tn Rint gale Bec Ny teapebe one aed traneaction, and the only definite conclusion we at from all the information received, is provocation, and the murderer hung, under solemn condemnation and sentence of his honor | we were well received, and hed a capital time. One Lynch. We have been informed that the | by which three were launched into bg tea given by the doctor wife of the bandmaster, who was present at | bition. The band master reprimanded the doctor for the | {msult; the latter retired for a few moments, but im- | mediately retarned with his pistol, and in ey to shoot Centro shot Don Pedro at the first fire, himself between the parties in en- | tt ZF 2ap3 a i 9 A 14 E 5 H E -% Fl & i E i s i spinning yarn. It was ex- rument as I have often seen in use » making just euch a 7 le old lady was delighted to see us £0 much interested in it. Many of the women brought their little children to | have us pat their heads, and we stopped in nearly every house we came to and took a cup of tea and placed & pipe with the inmates. All have one room with a Sarsiee to quiet the disturbance. The second | matted floor, where they keep a vase of fire and killed Centro. After comm’ this bloody | their household gods, for they are very religious. deed, he escaped tothe west side of the Rio Grande, | Before one store door I noticed two fire engines. bat on com another outrage, as stated,on the | They are worked with brakes, and have a jointed side of the river, he was apprehended by | pipe like ours, but they have no air vessel to pro- tthe aloalde and placed in the calaboos. bt 4 continuous stream. A crowd of people wore The next day the citizens of Laredo held a meet- | conctantly yo g: us with invitations to write something on jana. I wrote mottoes and pro- verbs on a number of them, and they were » but very much |. While Kellogg was writing the committce, that if they would go | on a fan, some one of the crowd cut a button off his about uine o'clock, P. M., the key | coat tail. He felt it as they jerked it off, and in- in the door. They did so, and re- | stantly taking it off, held it up before their eyes in from the jail, and brought him over a deprecating manner, and showing them where the river—erected a | the button = te be, coolly walked into the store and hung him that night. near by, and picking up a handsome lacquered cup existence of a man who has heretofore | put it in his coat pocket; then, standing upon the SSiscomplched wilarsna'emientphgecan, | WSs st Seatot. Pheri eagns ort accom) scholar an inent 5 ickedness ing. Either ress, or the Doctor Linton, it is said, was formers BI in he had taken, cond them to bring back his the United States navy and was on bo: So- the revolt occurred. We believe that he bo Cy tpny t it = him lap aa bere hep fore we twenty yards from the place. He the witnesses who testified upon the | returned the cup. They have a great fanc; of Commander MoKenzie on the part of the | for buttons or glass botties, and will trade Almost they have for them when they are alone. Every Japanese distrasts his neighbor. ‘ir houses are built of stone and wood; many of them with e a "8 and saw them havin; their heads shaved and bair done tp in thelr pean, iin ei dete he hs Shed ae 5 a oth Back? busty uniekers, and is the ‘ery soul of honor and of humor. Towards evening, faving toga pictare of « tosple; bat, a are a Hy ‘Smething was wrong again, and, 4 no picture could be Saale l s 5 4 £ E give bim up if i 2 § z 4 i eet} at i i 5 i wt if lp him. ig _to do with it in New 4, to touch it here, 1 i ff i 334 E York, ‘hen i f ft z g i i a Fi # & i i 2 g 3: [: ge 5 H FF # i i & mT i 3 i i l if 1g | ut fl [ 7 i &! if 3 z F i g f 3 | ; : F z E i i i H i i ef ; i Ht i ai E ih i if ie ef i fu) affray occurred on Sycamore which will probably result in the parties. From what we can learn, the particulars are about these:—Some four years ago, Enos D, King made the acquaintance of Samuel T. Wilsox, both colored, and both in affluent circumstances. The latter made a loan to the former of $500. Un- able to obtain the money thus borrowed, Wilcox Propored to sel! to King a lot for $1,600, the $500 already borrowed to be ag part payment. The pro- poral was accepted, While these ane were going on, King made the acquaintance of a young woman over whom Wilcox claimed guardianship. King became attached to, and finally her. Before their » the yous, lady’s name wae Louisa E. Wilgon. ig a daughter of Mr. T. Wil- son, an extensive planter near Natches, Miss., who brought her up to this city, and obtaining for her free papers, he sent her to @ Catholic school in Brown county, under the care of Mr. Wilcox, with whom it is ‘said she was too intimate before her ge. All pasged smoothly for several weeks, when King began to rapes that all was not right, and that his wife and Wilcox were too intimate. was con- tinually in bis aocietroand began to manifest a cold- ness for her husband, Mr. King. Letters were sent to Wiloox by Mrs. King, which King took from the Post Office, and preserved with. out Wilcox’s knowledge. King then ordered Wil- cox to keep away from his house, and under no cir- cumstances to it again. Wilcox said he would not trespass on King’s premises again, and thus matters stood. Five weeks ago King had occasion to go down the river, not to return for several weeks, Before starting be Wilcox again not to visit bis wife, and threatened that he would take his life if he persisted in doing 80. returned home on Saturday morning, and soon learned that Wilcox had renewed his y Ty more pig Satisfied in his own mind that Wilcox and his hada criminal connection, Kin; not cece Wilcox until ” nok. Pde me may over: as Office, and was descen: lycamore street,and King was ascending Sycafnore toward Fourth treet Wilcox turned into Arlingtall’s livery stable, and was followed by King, who seized Wiloox and threw him down, remarking as be did so, ‘‘ You done me , and Tam found to have crx tes drew w pil and emer it at King, letters are well written, deal of affection. The one of the letters, handed us by Mr. — he hag gtr ry idan gecgd a all alone in person, I thought I would oseupy m: tracing few lines to you. My saind Ss uibays Ste yon, if Ican- not be with you in person. You know I love you and only. We have, it is true, had many ups and downs our acquaintance; but T believe the best. ‘You often come down to see me, and find me sad and low spirited; you think it is because I amall Peery soneryypmbary nl ‘Of course you feel for me; Yow Pam peang cok Wry Wey pa ee ae A 01 re >) BBY, com- pany; but I can do without all for your sake: iam getting day in koasietee. I to feel what love in to long for the ol of my love; m; “eves cmp dp megs my ¢resms. Can it be possible that ever a w: 8 man as well as Ido ? God grant that she may , Sunday Evening, June 18, 1864. Deanrst Pa—I could not possibl, jet one without writing to you, Samuel T. Wilcox, Cincinnati, Ohio. LOUISA E. WILCUx. P. 8.—Bince writing the above we learn that Wil- cox was better at 11 o’clock last night, and slight hopes are now entertained of his recovery. A CARD FROM MR. WILCOX. I wish to submit a few facts im regard to the bra- tal and up; made upon me by a ee eres Love ene cee me as baving perceived his approach, and making an atte to shoot him. The facts’ are thas: fogs = front part of the stable. I calling for some of yes of the establish- ment; whilst so dcing, 1 was suddenly felled by a blow from behind & club or stick, and lego | up, caw oan Nee an upraised knife in one hand, and my pistol, which had rolled from my pocket, in the other. He then cut until he thought me dead, and would have shot me, bad he not been prevented. I was not aware of his ere nor did I have a chance to defend myself. One ter has it that I sent him a challenge; this is friends informed me that he had sworn to kill me, ee that I should write him a letter, urg- ing him to refer the difficulty between us to two um- pires for settlement. This 1 did,and so far from being a challenge, it was Sprepensl to settle the matter amicably. As to the letters which have found their way into the — prints, their authors can best tell whence hey came. I have received no such letters, and know nothing about them. My visits to King’s have always been at his urgent solicitation. Even when I had declined to do so, he would still call me in te settle difficulties betwoen himself and wife. The entire difficulty has been produced py mali- poo regia cae and could have been easily settled. 1 claim a suspension of the pablic jadgment until the matter has received a thorough investigation, which will be in a few days. 8, Cincinnati, July 18, 1854. jAMUEL T. WILCOX, AWFUL anp ‘Propasty Fatau Arrray.—Last Saturday night, about half past eleven o’clo k, one Of the most brutal affrays took place ina drinking establishment that ever disgraced our city. Mr. Peter McCormick and Mr. Alexis J. Champlin met in Mr. Mensing’s barroom in Market, between Meet- ing and streets. Champlin extended his hand to ck, who refused its acceptance, saying the hand who hed broken he never took a man ‘hamp! and he arked thore present to give akniferor a revolver; but being unable to procure went out. According to the evidence elicited from one of the witneeses before Justice Bbroder, yesterday, a retarned in a short time some thirty or forty , among whom were Mesers. Davis and Knight. McCormick was at the ~ with a frie blow; nevertheless Cham) the knife into different y and Knight, it is were not idle, but on the contrary both are said to have participated in the sangoinary assault. Having satisfied their fearfa! passion upon the now hel; man, the trio made good their-retreat, notwit! ding the is were on the spot a few minntes after the it. McCor- mick was home, where, upon examination of his wounds, it was found he had received nine dis’ tinct stabe—one in the throat, two in the side, and the rest in the back and about the breast, He was also much bruised from kicking. Up toa late hour last night the attending physician had no hope of his recovery; fedeed, ‘was not believed that he could survive till da: and eo in jail yes , but Champlin and Knight h lice since the affray, not been seen by the although it is reported that the former was in city yesterday—Charleston Standard, July the scalpel; have learned that it was exhumed by different sorta of persone; and for a different object. This we are glad to. know, and earnestly hope our cemeteries may never be desecrated by the unhallowed feet of the body snatcher—that being who visite the last resting place of mortals at the “ witching hour,” and tes the sacredness of the place by.robbing the grave of its dead, and that, too, for yay. As the ciroxmstances which led tothe exhamation of the body may interest our readers, and as the act- ore in the trarsaction, both before and after the death, onght to be made public, and receive the con- demdation of every high-minded, honorable citizen, we give them as they were given us, forbearing to pe h the names of am of the parties. The female question ‘had been rick for some time previous to her death, but not s0 severely as to preclude her from siding out occasionally and visiting among her relatives. Until within two or three months, or such a matter, she had lived with her relatives, who resided a few miles west of thia city, and on their removal farther west she came to this city, and for a time lived with a relative—a sister, we believe. Desiring to visit the country again, ste was taken tothe house of another sister, who lives two or three milea out, where sbe stayed afew days, again returned to her siater’s intown. A short: Eee to her death, she wished to visit her sister the country again. Accordingly, a friend pro- cured a carriige, and her wish was gratified in #0 fas sa lan in bee ” er. Denbow cass sit received iy jot as one sister w 80} words, and a heart ranning over ve an affection for her k ge first oybraided for be LE ourtey’ oat er in while in so. precarious a site > nd na good solutely refused admittance into the affectionate sister asserting that, “ if she to ride out, she was able to ride beck.’ cted and scorned by one who shoul nm ready to have happy ber few remaining da: Mle em ve returned back to die. She it the if He H & Ff 3 Fy | LEE eb? i 5 weary of a world where lied. this sister’s tears, we doubt not, flowed She was buried. On the next day, after, she was taken up b; carrk ce fe We should think they would much rather bave had her remains further from them, after treat- ing her in the manner they are said to have done. Theatres and Exhibitions. Tra.ian Orzra.—Verdi’s grand opera of “ Louisa Miller” is announced again for this evening. The cast is s good one, and cannot possibly fail to please the votaries of mi excellence— Bignori Beraldi and Graziani, and nora Martivi D’Ormy and Donna Gomez inthe pane characters. It is to be hoped that the opera people will sustain Max Maretzek, whois using every means topleace the votaries of music, by producing the beat operas. Bowrry Taratne.—The performances for this evening comprise the dramas of the ‘‘ Rake’s Pro- gress” and the “ Dream at Sea,” her with the comic piece entitled ‘‘ Joe in London,” all of which are cast to the full strength of the company. The receipts are for the of Mr. Lamb, an attaché of the theatre. Abesp is care TN Ravela and oye Mathias tre to 8 again evening. entertain- ment provided consists of the \d ballet of ‘‘Gene- vVieve, the Sonnambule,” and the celebrated comic aeeeiene of Rael or the Maia Rien” 09 nna, appear again to-morrow night when, Sodeuie there ‘will be a fall house. i American Museum—The same good bill of en- MGR asa SPEND tobe repeated tories, The African Twins continue to attrac! large blages. They are a decided irl and be seen by every one. HirropRoms.—A very attractive programme i announced for this afternoon and evening. Among the names of tuose entered for the foot race, on Monday evening next, is the celebrated “American Deer,” who ran the ten mile race, some years ago, with Gildersleeve and others. Speed will not be so desirable as bottom. To come in victor on a two mile heat, with the thermometer at 90 deg., is an achievement worthy the heroic age. Woon’s Minsraris are doing a good business, and their andiences are always well pleased. The programme for this evening is well selected. Buck.gy’s SERENADERS—This talented and Jar band are to repeat the burlesque on “ Cinderel- Ja” again this evening, with the usual cast. 5 agsem- should Police Commissioners. The Commissioners of Police have delivered their decisions on the following cases, heard before them on Saturday, July 8th, and reported in the New York HsxaLp, on Monday, 10th. The commission- ers were una! in their decisions. George W. Baldwin, lieutenant Twenty-second ward, charged with refusing to attend drill—dis raed tessa, Ore th werd charged with rmar , Seven ar intoxication— dismissed from the police de; ent. W. H. Bedell, Chief’s office, (Seventh ward) charged with typ oe mene Captain Wylie, and using hisname. Charge held not to be proved, and the cage was dismissed. George W. Rockwell, Nineteenth ward, charged with having gone intoa place where intoxicatin, liquors were sold. Held the circumstances ‘alleged ren were sufficient. The complaint was dis missed, e The decisions in the cases of officer Baldwin, Fighth ward,and of officer Carroll of the Sixth ward, for attending the meeting in the Park, and heard before the commissioners on the same day as the above, have not yet been rendered. Seintxe Bass.—The Newport Mercury gives the followitg description of the method adopted by the Rhode Island fishermen for catching bass in Point Judithand Ninegret ponds:—‘‘In the fall of the year the bags enter the larger ponds connecting w'th the fea, where they quietly rest during the winter, and in the spring they return to the salt water again. When in ponds they rarely take the hook, and the only wiy to capture them is by scining. To ascer- tain the whereabouts of a shoal, or ‘school,’ as the fishermen have it, an effort is made to capturea bass, and as soon as this is effected, a cord, witha cork to the end of it, ia tied to his tail, and he is immedi- ately returned to the water. Tie pond is not deep, the cork consequently floats, and the fish is sure to swim ina direct jine for the sboal, the fishermen qnietly following in the boats. The practiced eye can tell the moment the fish bas entered the shoal, and the net is dropped, and spread over a wide surface, gradually drawing to the centre, and en- closing all the fish within ita reach. In this wa; sometimes twelve hundred bass are taken, for whic! a market is found in various directions. Tautog are also taken in these ponds, and the sea or black erch, in certain seasons, is found in great quanti- jes, The fishermen, however, are not always for- tunate, and in some seasons, after expending large sums on their boats and seins, they realize borg | fer their labor. Much depends upon the ‘breach;’ i that is free, the fish enter readily; but if slightly ob- structed, they are shy, and they become very wild if it is often visited at the time they are ruoning in.’ Tue Last or rar Cnoctaws.—Mr. William Fisher and Mr. Russel Lewis left Mobile on Thursday, for the Indian territory west of the Mississippi, with the last remnant of the once powerfal tribe of Choctaw Indians, amounting to about eighty pa. The sme party took on, afew months since, one hun- dred and eighty of this tribe. No ‘more will go from Mobile, says the Hera/d, for the few till remaining, not extecding married here an: , but, as the only connect- presen: ration, the: ig 7 ith kind the it * ve met wi in treatment. fhether they ¥ill be contented with | their assigned home in the wild west of the Father of Waters, remaina to be seen. As to their civiliza- tion and Christianity here, we apprehend that, if | the tride continues for a century to come, its mem: | bers wii be found to be as now, untutored children | of the /oreat.—Georgia Con. and Rep., July 12. Tue Canat Touis.—The following is a state- ment ef the receipte of tolls on the State canals for the second week in July, and also from the opening | of navigation up to, including, the same period, for the year, me Id week in July. Total to July 15. | cee TTD 462 $1,525,482 SI 0}a90 ing ink between the 66,751 86,819 Fe | 86,556 1,079,385 The total receipte of thia year, compared with thore of 1853, show a decrease of $99,790—d/bany Alla; Juty ¥, en “A Froo us Wouxp a Woome Go.”—The Man- chester Mirror saya that os a that gentleman in to fe since uncorked a : hich hed Ben eta @ canof milk wi his honse, out jumped a fine, plum) f ip, however, seemed to be mach startled at finding himself clothed in white, and after a single glance around him, turned about and plunged to the bottom of the can. It is a matter of serious regret that milkmen should be so careless when they scoop up their water. FINANCIAL AND COMMERCIAL. MONEY MARKET. Taurspay, Jury 20—6 P. M. At the first board to-day there was quite a buoyant feeling among operators, and a general improvement was fealized. Tlinois Central Bonds advanced '; per cent; Canton Co., 34; Nicaragua Transit, {; Cumberland Co., 134; New York Central Railroad, 114; Erie Railroad, 2; Stonington, 34; Reading Railroad, 33g; Hudson River Rail- road, 1. At-the'second board the market was not so well sustained, and a portion of the improvement was lost. New York Central Railroad declined 1 per cent; Erie Railroad, 3; Reading Railroad, 1. Berdan’s Machine Co. advanced J¢ per cent. It is impossible to tell any- thing about the stock market. Comparatively prices are low, but #0 many thought when they were ten per cent higher. There are buyers of certain stocks in the market, but only to @ moderate extent, and it will be some time before outsiders appear in the street in any form. The public mind is filled with doubt and distrust, and it will not recover its usual tone for many weeks, A. H. Nicoley sold, after the adjournment of the first board, at the Merchants’ Exchange, for account of whom it may concern, the following bonds, stocks, &¢, :— One ahare of the Brecke: Coal As- poling of Kentucky, being 1-1: the whole property of the company, and repre senting 280 of the present shares of the stock; to be sold in four quarters of 70 shares each— 3g sbare at....+ 3 4 shares at .. . $8,400 City of Stockton, Galifornis, 10 per cent bonds, redeemable in 1873, interest cou; attached, payable semi annually, in NewYork, Ist ee and Ist July— 16 bonds of $500 each 4 do. $100 each .. io $18,000 New York and New Haven Railroad 7 per cent bonds, dated 17th September, 1668, and redeemable Ist December, 1866, interest cou- a payable Ist June and Ist December, 1,000 each ..... oseeesl08 66; 6 a 69; Sat 71 and int. $2,040 New York and Harlera Railroad 7 per cent bonds, dated let May, 1853, and redeemable 1st May, 1873, interest coupons rable lst May and 1st November, $1,000 $16,000 do. $1,000 each—5 0 8234; 5a $23,000 Flushing Railroad 1st mort, per cent bonds, dated Ist September, 1853, and redeemable 1 ber, 1868, interest cou- ps payabl sh and Ist September, Firocd eden 5 0 63; 6 64 and int. $20,000 Seoond per cent b’de, dated Sth, April, 1854, and redeemable in Jan- 1850, interest ble Ist wal coupons April and Int October, $1,000 each.6.a 60; 18 6434 andint. $16,000 Mineral Point Rafiroad'? per cent bonds, interest payable semi-annually in New $1,000 each... 00+ :screseresserrse see 20nd int, —— Danbury and Norwalk Railroad, $50 6 OOD. 000. cece cerenesecesecssscsessesecsseet 100 do. N. Haven and New London RR., $100e, 2035 RR.,.100 6, 200 do. N. Haven and Northampton 260 do. Rutland and Whitehall RR. 1870 do. N. York and N. Haven RR, 1000 do. New York and Harlem RR., preferred fall BtOCK....0sses00. cecerecsseessesere 600 4600 do. Ilinois Central 2 ae has been 70 60 do. St. Nicholas Bank. 10 do, 10 do 20 40 40 100 250 Toland. aie do. Cit. Ay Ms Set - 208 1 do «10834 48 do. New York Fire and Marine Insurance 100 e. 73 8 97 65 6 5 1634 5 do. Park Fire Insurance Co... 100 @, R* 5 do. Howard Life Insurance Co, 10 do. Union Iron Co. 90 The company was very large, more so, probably, than at any previous sale of stocks, and the bidding spirited. It has become the practice with certain papers in this city to give currency toevery rumor of the failure of any house, as scon as it 16 started, without knowing any- thing about its truth or falsity. These papers, in their efforts to outdo each other and for the purpose of making & good paragraph, publish without the slightest hesita- tion the name of any house reported as having failed, leaving it for some future time to sea whether the report in with or without foundation. It would work a radical change in this custom if some party falsely reported would mult them in heavy damages on a libel suit. A morning paper reported the failure yesterday of Messrs. Clark, Work & Co. In aneffort to correct the blunder, an evening paper announces the failure of Mesers. Clark, Watson & Co., and commits another blunder equal to the first. The fact is, that neither of the houses named above have failed. How the report started, cannot be satisfactorily explained, but if more caution is not exercised by the papers of this and all other cities, in publishing such reports, they will do incalculable damage to the commercial community, and bring about the evils all are so anxious to, and might otnerwise, avoid. We are authorized to state that the mine and effects of the North Carolinas Copper Company has been con- veyed in trust to James Sloan, Esq., of Greensboro’, N. C., by the President and Directors, to secure the pay- ment of dovts due by the company. We are pleased to learn that this mine now presents as favorable an ap- pearance as at any former period, and that the gentle- man appointed to its management is eminently qualified forthe business assumed by him. The operations at the mine are to be vigorously carried on, and the strict- est economy will be consulted by the trustee. The ex- penses will be greatly diminished, as we learn that the salaries of the principal officers are suspended during the continuance of the trust. One of our young cotemporaries feels very much ag- grieved because we have lately exposed some of the financiering operations of its pet, the New York Central Railroad Company. In fact, it does not seem to relish much our rema: relative to railroads generally. To show its condemnation of the course we have for a long time pursued regarding railroad investments in a still stronger light, it attacks io return two companies which we have had oceasion lately to present in contrast with the over-inflated, over indebted, over-iseued, over-financierad railroad companies, occupying a prominent position in this mar. ket. The Cumberland Coal Company and the Nicaragua Transit Company are pounced upon by this redoubtable champion of railroad swindling and finenciering, and their utter and immediate annihilation predicted. The construction of a new route to California is sure to ruin the Nicaragua Transit, and a reduction in the price of coa! ia sure to use np the Cumberland Coal Company. It pro bably has never occurred to our cotemporary that similar causes might produce similar effects on the New York Central Railroad Company, snd on the Delaware and Hudson Canal Company. The probability of a rival competi tion route being opened to San Francisco, that would injure the Nicaragua Transit or Panama lines, is not near so great as the construction of a rival road to the New York Central, and the attraction of travel from the route now taken. Rival railrcadsare continually springing up. The New York Central and Erie are at this moment, and | have for some time past, been strenuously contending for the same passengers and for the same freight, ‘ears, | 204 the competition is likely to increase daily. We have ; | for s long (ime considered this the most fatal thing rail- | reads had to contend with, and we see no reason to change our opinion. The stock of all the railroads of New England have been depreciated by thie cause, and the depreciation ia still going om rapidly. Ten years ago Eastern railroad stocks commanded premiums ranging from five to fifty percent. Now not more than two or three rule above par, and the highest only about one or two percent premium. The first great cause of this is the rapid increase in cost, and rapid increase in stock; and the second is the competition which has of late years been carried to o ruinous extent in particular localities. The same causes bave for some time past been operating on the railroads of this State, and they are gradually ex tending over thé whole Union. At this moment there i not a railroad stock in thecountry worth the first fraction over par, and in less than two years not one will command that price. This is a strong assertion, but its truth will 4G | be soon verified, We have frequently pointed out the causes which bare produced the present state of things in raflroad investments, and remarked that this vast in. terent had seen its bet days. Those who have been blind to the movements going on in the financial world, have, of course, permitted our predictions to pana with. ‘ont notien, and they are now reaping the reward of their sperhy ant want of commen forcright) but thore wh ave been posted relative to the tinanciering operations railroad managers, bave not been without the most alaray og apprehensions as to the result. The enormous sq crifices made on the sale of railroad bonds, and the im mense amount created and put forth on. the market, week after week, could not have been observed by capi- talists without tho most serious misgivings: Unforta- nately, all we could say, and all the evidences of a fature- explosion which we daily presented, were of 10 avail, Mtn of moderate means rushed into the area of speculation and purchased railroad bonds with as much avidity ag though there were not always a few more left, which, as a great faver, could be issued to any one particularly desirous of making such an investment, There is hardly a mer- chant, mechanic, manufacturer or farmer in the country, along the lines of the princips| railroads, who has not one or more of these beautifully engraved bonds laid away carefully in the fron chest or pocketbook. Many eco- nomical and cautious farmers have mortgaged their lands to buy these securities, and many railroad bonda are, no doubt, carefully pinned iu the leaves of the ald family Bible, where they are weekly examined and ad- mired by the happy owner, who little dreams thet it is rapidly becoming Worthless. It is hard for this class to have their hard-earned money drawn from them by sach false representations as appear on the face of these bonds ; but what do such men as Schuyler, Crane, Kyl, and many others not yet found out, care for the losses of farmers and mechanics? Talk about the ‘ imtegrity and credit’? of such concerns as the New York Oentral and Erie Railroad companies: The veriest fuboy oui the market, representing any other than a railroad interest, io better than efther one of them. There is more read basis in the worst managed coal company on. the market than in any of the railroad companies which have. beem financiered nigh unto death—which have been depleted by a setof leeches until the life blood has been nearly exhausted, It is ridiculous and absurd to comparo rail- road companies which are not only already so heavily loaded with debt that their bondholders could not realize on a foreclosure Sfty cents on the dollar, bat which are at this moment in the market for loans varying from three to five millions of dollars, with those engaged in most productive business, without debt and with surplus earnings in band, with no competition worth noticing, and with a management not engaged in fnanciering to fill their own pockets at the expense of the stockholders. The Cumberland Coal Company owe five hundred theu- sona dellars, and it has nearly that amount of itaown stock onhand. The Nicaragua Transit Company has five thousand shares of its own stock vu baad, andowes no- thing. Neither theCoal nor the Transit Company are in the market for loans, and whatever earnings ever and above current expenditures there may be in each con- cern, go to the stockholders, instead of being consumed by bondholders and other creditors. If, however, coal should suddenly bevome worthless,and a new route shoul? de constructed in the course of a week or two between this city and Cailfornia, the probability is that the stock of the Cumberland Coal Company and the Nicaragua Transit Company would not be worth so much as at present, and the bears, who have lately literally diled the columns of our inexperienced cotemporary with elaborate legal'eom- munications, might buy in their shorts at lower prises, and make a good thing of it. They shon!@ not give sucka dry and musty documents regarting profound pointe of law this hot weather. No one can read them, and it is 20 much ammanition thrown away. It would be better policy to reserve such conclasive evidence of rottenness and worthlesenesa for some more favorable period. Ne one thinks abont coal when the the thermometer i» at 95- degrees in the coolest place. Stock Exe! $800 U8 68, 67.,.. o1 1000 1000 100 sks Canton Co.s3 600 McCulloch Golds3 Erie Bds '83.. 60 Berdan’s Gold Ma 100 d0......D10 150 N Y Cen RR.. 0 a 1000 California 7s, ” 1 1000 City 5s, *68: we . 8 8000 Erie Con Bds 98 8000 Pan Bas, 24 8 12000 M1 Gen . OBE 8 oe 1900 : @ 2% ome 8 100 10 + TOKE 20 0 100 50 200 bOK 200 do 80% 200 do 60, 300 do. 31, 300 4% 600 = do 50; 40 2% 360 do . 50) 100 20% 100 = do, 6, 450 203% 150 do 80% 300 nm” 50 do. 0 300 21 100 do. 50% 300 108 500 do, 350 32% “Go Stontagtca HR et % “ 800 3235 10 Norw WH 60 200 32% 60 40.00. se. GON 100 32 RR. rr 160 : 3 & 500 8334 a 80 3% a 60 33. 69 100 83% 588 100 33% og . 2% 52 550 3 bg 1x % 700 2 ry . 80% FY a6 50 60, 50! . 50 tong bls 81 a 07 or aw CITY TRADE REPORT. Tacuepay, July 20—6 P. M. Asnts.—There were 50 bbls. sold, at $6 50 fer pearls, and $6 8134 for pots, per 100 Ibs. Breapstvrrs.—Flour was more sought after. The day’s salen reached 9,800 bbis.: inferior to choice State, $5 673; a $7 25; mixed to fancy Western, at $7 a $8, and other kinds at proportionate prices, per bbl. were also made of 250 bbls. Canadian, in bond, at $7; 950 bbls. Southern, at yesterday's figures, and 150 bdbs. Jersey i corn meal, at $8 75 per bbl. Wheat varied little, The sales incladed 12,000 bushels Canadian white, in bond, at $1 73, and 1,500 200: Upper Lake red, at $1 50. bushels rye Droughe ) ern oats were inactiv Corres. — amounted to about 2.000 het i , and the remainder at 101c. ‘OTTON.—The market was active. The sales were esti — het mgt than 1,600 a 2,000 bales, the market closing quite # a Faeore.—The ara’s letters not deing at band, engagements to Li were light, and favored pers. Abort 3,000 a 4,000 bushels grain were at 43¢; 400 © 600 beles cotton st 14. for uncom. ;.and 2,000 chests tea on terms Qe equivalent to dour at 2s. 9d, Flour waa Glasgow, 2,800 bushels ship's begs. To London, 2a, To California rates ruled dull at 40c. a 450. — mnt. There = about eleven one of which were pers. Frvrr.—About 1,000 boxes raisins were sold on terma, and 5 eases citron at 26 ic. M4 Hay.—Salen of about 600 bales were made at about 660. Heur.—The market is firm. Sales of 65 bales of Ameri- can dressed, out of order, were made at suction, at $170 50, cash. Jaon,—fmall sales were making of Scotch pig at 4le. a. Chace ebuoge cocurred im whale, sperms @r- oles jo ehan; whale, There have been 4,000 Iinseed disposed of, a6 ‘78. 5 on. Lard ag ed at 80¢. «Pork wan on the advance. The sales em~ 900 bbls., at $11 94 » $12 for mesa, subsequently Pier 26; and at $10 37% for wo er inanimate. at Bie. a lle. ¢, | braced held at $12 old 800 bbls, braced about 250 to & Be., and 200 do. New Orleans at 4c. # 4346. jerma, eases Wiiny.—Sales of 500 bbls. Ohio and prison effected at 28. a 28140. per