The New York Herald Newspaper, November 18, 1854, Page 3

by the feet al est route freely » bly tae the times pence the west; The and to the Ina we tare eels at are 1,200 arrivals, with mors than hslf-a-million of tons. Seesien tr Eruoee By see, there ie. aloore gorite trace in tim! ith the Tag onvei | of America, from the- Canada saores Lakes Ontario and Erie, With a water communication between the Ottawa and Hudson rivers, Cavada would at once become a formidable eompetitor to the State of New York in the mar- hets of the latter. The Ottawa river drains an of of about 75,000 square Soci presy the richest ard most extensive timber district in Ame- rica, not in the world. About 10,000 square as of the Sooeryaved postion is ae ihe — jug purposes. voly from this quarter has fluctuated according ey the state of the Quebec market; but the average annual prodact of tne 0+ tawa for the last nine stars may be taken at 18,000,000 cubic feet of timbsr, besides about eee ieces, or 40,000,000 feet, board measure, sawed timber. There iz, anfortunately,a want of apprecistion here of the extent and importance ef the lumber trade of Canada. As no ships winter in the St. Liwrence, it fullows that the stapie export trade by sea is dependent upon absent shipping, which may be diverted at any t:me by better freights from the Gulf—leaving a large quantity of timber torot on the hands cf the producers. The attention of the Canadian government has again been dirested recently to a survey (or the par- eonnect the watersof the Georgian on Lake Huron, by a canal, with those of the Ottawa. A boundless field for commerce would thereby be opened up with Montreal, as its natural terminus on the eastern side of inland navigation. Shouid it be posaible to connect Montr ith Lake Superior by such a cansl, there is nothing to prevent it from being the entrezdt of the t: of the immense country lying around Superior, Michigan, Haron, and Georgian Bay; whiie, on the other hand, the canal into Lake Champlain, re: ferred to, would ner oe, command the trade des. tined for the Eastern United States markets, by a route some four hundred miles shorter than ago the Welland Canal, but would alao command of the trade of the countries lying around Lakes Ontario and Erie. fi E m the Manchester Examiner, Nov. 4.] Whilst the old nations of Europe are contending amongst each other for the » and the two most powerfal ones are engaged. with the Autocrat of Rosia ina stregele that is big with unforeseen, us Consequences, the vast re- ie New World are practically promige, at no distant day, to rival ‘the former in greatness. We need not allude to the progress of the United States of America, with i's warvellous ep'sode of California, nor to the equaliy motable case of Austra‘ia—nor stop to ingaire what will be the possible fate of our own Eastern Empire. These objects are prominent enough in themeelves, but in drawing attention to the Scuthern fcontinent of (America, we ave treading s'most on virgin ground. The fabulous and of Paraguay, are about to give place to living realisies, prodaced by ‘the all poweifal aid of steam; and the navigation of Parana, the Uragusy, and the Amazon witl svon became an everyday oc. urrence, similar in results to toe stream of the Mississippi—-conveylog epwarda the various articles of cur manufacturing industry, and bringing back the productions of a soil knows to be in toe highest degree fruitful, besides the al- most certain mineral wealth with which tie couatry is known to teem, only wanting the hand go mant develope both. No subject can, therefore, presen‘ ter interest to this vast manufactaring district stesm navigation on the great South Am-tican Fivers, the tees of which it shall be our duty to watch, and 1g before the attention of our readers 9a information reaches us. ‘The countries most prominentlo mixed up with aay years curriod ‘ons. seedy, 4 ona an increasing trade; but tion are vitally interested in m: jaing this privi- and the selfish policy of Francia and Rosas is fosever abandoned. General Lopez, son of the Gov- eounnry, to keel Waring te dedi rise advantages of 2 enlight: ft ats Geyer ot oearkey hes 100,600 infantry, 17,280 » 17; ", of the engineer ‘tment, and @ reserve of 325,000 men; together, 457,680 men. 360 cannons. The Turkish =~ comprises 10 ships of the line, 7 fri- gates, and veasels; together, 77 ships and sete to 54,354 hore po ver. ce 000 infantry, £6,090 cavalry, 8,200 of the engineer y and 33,800 of other ‘trcope, wherein 25, gendarmery; together, 566,- be on cg He a 5 6 usyil force of France comprises 60 ships of the line, 78 frigates snd 273 amail ships; te ver, 411 vessels ono 11,773 guns, wherein are not incind- ed 113 steamships whose eng ne f rce is equal to 40,270 hore power. Austria, Prussia and the other German States, conviderab!e militery forces, viz:—Anstria arms 458,000 infant:y, 67,000 cavatry, 47,000 artillery, 16,800 of the enginzer department, pe foo of other troops; together, 693,000 men Prusia ‘fas 972,000 infautry, 67,600 cavalry, 6,000 . On I made the acquaintance of Count Nes- sarees, r thi years put the Russian Minister a tr oa ide bow, d_ eonsequent!; it wo years of my age, a0: seven! four.” i'usows siniable eddreus I hever’ met. A man o He proposed to introduce me to the an offered me a letter of introduction to the commander of an army of 35,000 men at Revel, and inquired if I hed a military costume me, thot I might to- day accompany the Emperor toa review of 40,000 men. opposed to this war, and is uni sally regarded bere es a man of great virtue, a3 well as of great in to | who acco! om Rome to Naples, aad Berend wn ne ore when OPE sar eiieaced & physician whose prescriptions were muc! eficgnd "an their hind attentions. Mrs. de G. weil as I do, and free ee ee oe ahe foreign a:ceat. is the most beautiful woman I have seen in Europe. Her pusband »; peaks seven fluently, and isin all re- sees yor = of the finest woman I bave met since left Ameriza. I spoke most highly of them to Count Nesselrode,as I shall to the Em it f have a suitable opoortanity. But he is I no doubt, greatly depressed by from the Crimea, where Menschikoff is said to have lost 5,000 men in the encounter with the allies —_ hie pie wae he Cea to arrest march upon Sebastopol. Tne governmen' here acknowle;ges the loses at 4,000 out of 35,000 of Menschikoff’s army. Of the fell of Sebosto- | melancholy forebcdings are entertained by the ian population here, and as it is sssailed by 66,000 men, the present force marshalied against Fort Constantine, which commands the city and harbor, I have never entertained a doubt. Bat of the effect of ita reduction I have altered my opinion since my arrival here, for I have heard and seenat twolurge dinner parties, one German and the other American, given in the last week, more of the ccuntry I'am in, than I did of Prussia in Berlin, Fran-e in Paris, or the three great cities offltaly io all my mnch longer visits to any of them. ‘fina K., formerly Secretary of mn and Ccnaul-General of Russia at Alexsndria in Egypt, and at London, a most valuable and intelligent ac- quaintance, He is the uncle of Madame de G., and 1s SO ACOHADAD Ye BhaEAly to Revel, which, it is said will be assailed by the British and French ects. I came here believing that the conquest of the Cri- mea would end the war. I am now thoroughly con- vinced that it will protract it. AM that you hear through bed ae about poverty and distress here is false. The Emperor’s popularity, imputable to his excel lent private character and his figure and per- sonel address, is unbounded. Toe manufactures of Russia ate so far advanced as to supply sll her wante; and the wealth of this city alone concentrated upon her churches, would sustain ap army of five hundred thousand men for a twelvemonth. She hes entered upon « war not an- ticipated, and for which pre) ion is yet to be made. She claims an armed force of two millions, and can readily raise one half that number; and that abe is now soins. Tam‘s Turk in contest, and, therefore, im- partial in these estimates. The Price of Corn in France. THE HARVESTS IN EUROPE. (From the Paris Siécle, Octuber 31.] Governments. consumers and speculators occupy themselves seriously with the rise which has takeu place during the Inst six or seven weeks in the price of corn. Some time before the harvest prices had dectined, and it was generally hoped that they wonld return to what they Were in 1550, 1551, and 1852, for the crops presexted a fine appearance, and abundance promised to succsed to scarcity. The season fulfilled all that it caused to be hoped; the harvest was abundant in all parts of Barove, aad et it was no sooner got in than a rise took plase in land as well ss in France, in Belgium as wel! as in Spain, at Wew York, Hamburg, Dantatc, Nap!+s, Lubeck.and other p! In the first days which followed the harvest an attempt was made to explain this economic phenomenon by 8 number of reasons, which were soon abandoned. The labor in the fields, the thrashing of the cora, the want of water in/rivere, return, in fact, every year at the sim: epoch, and yet never vent the price of wneat from diminishin, after the harvest, if ic 1-3 beabuncant. Itis evidently eleewnere that we must seek the causes of this , of which specutation cannot be accused, for *% extends over tuo m:ny countries to be the result of forestalling undertaken to raise prices. The price of corn, like that of auy other merchandise, regulated in virtue of un- changeable principles, wita respect to whic’ laws are nearly powerless; abundance canses a fall in prices, as scarcity necessarily causes arise. Bat ‘this only takes place in normal aud regular man- ner in the event of the demand maintaining iteelf in the ordinary proportions. It may happen tbat an abundant harvest is followed by ayperms nent rise; that, indeed, is the case every time “hat the consumption incresses almost instautaneously and more rapidly than tie production. The present rise bas pot, in our opinion, any other causes; otherwise it would be local; there would-be hesitation in prices, and-all the oaher articles of food—those of laxury as well as those of first '—would not rise upiformly. Europe once before saw a precissly jenomenon change in a few years the relation between the value of the produce of the earth, of capital, and manual labor. From the year 1400 up to 1561, the price of the hectoiitre a# haere variod in be gee Wien to = ne an sverage tolerable ha but during that period oid World arose cea ies wont agg America wes of not more than ldf. 67c. the heeolitre. But France was jscovery of a new moral world, and bold Christopher Columbuses re, nations, did bonor to labo~, and summoned all classes of socie- was established, Ives, commerce extended, and the number of consumers increasing, the price of corn increased also. From 1832 to 1813 the average price was 19f. 76c. The awakening of manufactures and the generalization of labor pro duced the same effects as the discovery of Ameri: —wealth increased, and the condition of tre most wretched populations improved. Bat a new canse of Progress was on the pvint of becoming developed; new vin avd Mexioan treasures were abont tu inundate the world, and to change once agaio tte relations establis:ed between the valae of tning-, It wes in 1848 toat gold was discovered id tre sa sds of the Sacramento. In 1849 and 1850 the little that was obtained only served to re-establish the equi- by the events of 1848; but in was aleo discovered in ‘Anstrulia, aod ever # two rivers ces ), a8 it were, poured Gomera c mekatis ie cause ine, on of gold caused Eipcmmapiion of ermmercial activity, eviously seen. Ev.rybody began wor! manufacturing, producing, conveying, and men found occupation, © oes | = comfort; nats, y, buckwheat, oats, begen wheaten bread. It is eas Mo servust tar the ceaee of the existing dearness, by reasoning on hy; thesis which would represent gs on a er acale. Suppore a ies Mt which there are 15,000 itants, among w. only 10,000 find in the reserve formed by thelr savings, or in the pro- doce of their daily lator, the means of p 80,000 hectolitres of wheat supplied by the coan: ry. visce~it you produce, ebeadanoetoere it et ot jace—if you jance the 5,000 FN ey cannot ¥ their and to any of ti ou give a greater Dae ia it not evident fro bende avery tee slowly, bas on m lowly, joes able torment oo noni, are, hae Bok than avy | Fi 2 if é i E HS gr the grester the supply will be, for ways certain of finding in price of their merchandise. EE i 3 a E fi ef : i y sf 3 S3 ty i = = oe uae Lott | E ity = Esse a ffs riei be: & ) i s Hots § your mar! Paris Fashions for November. (From The winte: direction, if stri nated with tha ‘mo ke. shades, Robes d fleurs and @ bouquets are not yet seen, and expected until the winter is considerably When we have long been deprived of real must not be advanced, engrave, is Mantelets ter; but wh ‘ent colors; trimming. ment much Manche the arm. Empress. ‘bouillonné. in by little Lace cap, a long fring | color, collar. \ v8 flounce ach sid Dreast immed 1 Hack lace. The mir the the mirers, The agen’ bth ut otLer way E-q., the o1 aire this pl enoour re most frequent th tion from the cold. The teration in the form of mantelets. to the present time are the woollen cloth, rather thick, frisie; la pelucke double face Maner or Intpertant News trom A mine Attacked by Ind [From the Lake Superior Journa 31-4 ult., baviog been attacked b, that reighborbood and driven off nothing, as waysnor means fi r such an emergency, aad the con- eequenee will be that the Indians will rob the mine 7 eee and of everything, in fact, that is val in the way of moveables. 4 This is the zecord time this company have been molested by the Indians, and ma: ax the Mica Bay affuir7 in tbe fall of 1850, when a la) ge number of inen were attacked ani much pro- company and to the business eral: ro this lawless disposition the Landon Llustrated News, Oct. 28.) Fashions have scarcely taken any decided we except the materials, which have wide placed lengthwise, and are often of two different textures. Robes with a stripe of tnoiré anti one ,of reps, are much worn. seen blonded are black, with al- ) er colors; then blue, greenish grey, ‘crimson, Next to this disposition of wide stripes come large “squares and Scotch plaids, with fresher and clearer flowers, robes and toilets begin to be ornamented d fleurs. The shapes of the coraages is not yet decided; they are always worn pointed. ‘The recent opening of the Ital’an Opera presented nothing very remarkable. The robe a volant, which we the only novelty we have been struck with. are worn & la Talma; they are round, and rather short—the magi es expected to be worn this win- hi en cut in t ay, they offer little “protec- ry chills will cause an al- The materials in use i d’agneau—a sort of yh aupple; la peluche e two sides of dilfer- it is worn without lining; the inside is turned over at the collar and at the sleeves, and thus forms the | of a grey shade are at this mo- | ; they have @ simple band for trimming, and are fastened in front by plain buttons. | Pompadour.—This sleeve is formed by two large boulllons, sepafated by a smaller one, through which a ribbon is passed; lace tlounces; the bouillonnés are traversed by the rib- bons, which are finished by two bows in the middle of All mate sought at ey are terminated by two Manche Euginie—This sleeve is patronisedyby the It is composed of a bouillonné, through which a ribbon is passed. Next. are three flounces en guipure, English Ince, or point d’Alengon. forms a bow atthe extremity, is passed through the A ribbon, which Ender each flounce are several similar rib- bons left fluttering. The shade worn at court is the nuance Hortensia. Capa of white blonde, placed upon little ribbons of white gauze; each piece of blonde trims the edges of the ribbons, and, with a bow behind, makes a charming af- ternoon head-dress. Manchettes en percale, worked au plumétes, aud held metal buttons or precious stones. with trimmings of rose-colored ribbons; and eof Mechlin lace. Robe The sleeves also are trimmed Mecislin lace sleeve, similar to the cap, and soirée dress of taffetas, of a clear flounces bordered with a ruche dla little ribbon transparent, and another pon the extreme edge of each flounce are of ribbon bows, standing out from the ; one in the centre, upon the skirt of the robe, and the two of re, and 2 hers wpon the sides, The corsage is cut ritoming to match the flounces project fe, from the seain of the corsage, passes ove: and shoulders, and, following the seams, tof brace belfind. Sleeves of double putty, ke the corsage; atid beneath, ether <leeves of ved @s in the employ of the Quebse ining Coup vy Michipi.oten island, on the norta shore of Lake iperior arrived here in emalt boats on the the Iedians ia ‘om the island on t. The Indians went'so. far 2s to tiza at , and mate a very hostile demonstration. of the rine, Mr. Wilson, of Hamilton, 0. W., vas absent at tre time, and the meu nad no left but to abandon the mine. Trese mes spplied at once to Joseph Wilson, nly magistrate on the Canada side, oppo- lace, jor ussistance, but Mr. W. could do the government has provided neither rove a4 serious peity ge They succeeded so well at that time that y have undertaken the same thing aga, ‘This occurrence is very much to be regretted as it not only oes great ihe to this particular mining ly, bat it aso in the minds of the Indians. The ment of Carada o to bave been very negligent, to say tae I pro- | very Mile cocontagemeat has beer ver: encou kind of enterprise and the adventurers, least, in pro- of country; this nees, have not only been obliged to con‘end against read obsiacies on account of clima: it beve had to contend against the worst seguations from i ee ieee ed i ining, bet Erocent ies enj in min} fore us, we eee to determine ‘waether’ are at a ‘a schoovers, | | } was owned the amount fore pert o' day, at whi Tevolutions Tortenately, of; Vermont on Dr. Charles #0 Tapia'y, Hi ucy senbive.y were recently horelegsby Jost, being broken in two, and as to be mostly uvder water, She was insn-ed to col, and water lime, was pat remsined on board fom lifeboat belonging to | fot ttempts bf previo been seve'al ineffoo- Goderich Railway Company, at tempting to puta belt on a motion, was caught by the belt with the shaft at a most fearfal that the shaft must have made at least two hu te and location, ernment. cea of lawless aggression on this region is controlled by the government or the Indiavs. One ting iscertain, unless prompt and stringent mea sures are aaopted to protect subjects this and other branche: e in of beautifal cae having grown the gale last Monday night, four Le Lizzie Throop, of Detroit, the Twia ers, of Vaicago, the Eno, of Detroit, and the Elen Stuart, of Chicagu, went ashore at the mouth of the river, on north side. The Ellen Stuart . Covert, of Chicago, and is sunk #0 by A. of $3,000. Her cargo, cons of iron, inosored. The crew the savk, in the f the night, until ten o’olock the next ich time they were taken off with e de Reps, with three | flounces, ornamented with a ruche of plaited ribbons, near the Lorder of the flounce; the corsage has the same omament on_ the border. to correspond; and the two extremities are held in by a nilar trimming, which is placed, upon a ribbon of the ven to in this busi- | kind of | yf 8 Of business in this remote | ; Tegion, there will svon .be little or no business of ind to protect. ar Sxow Storu—A season Indian Sommer weather was suddenly concluded on the last day of October, eince which time we have bod @ eeries of rain and snow storms of the severest kind. There was quite a body of snow on the ground yesterday avd tod colder the sleighing Scyere Gare on tuE Laxes—A Newena ov Ves fis Loct—We learn from the Grand Haven Times that, durin; da exacted Ky Vr he gen to cancel all bonds and obligations received cont ) Wn: Sor Sop pravisionsl rules for Seating 2s, issued by Mr. jeghem, the late acting sal, onthe of Beptember, 1853, and return theas to the par- tes to whem they respectively belong, and rescind the said regulation. { am, gentlemen, es cured Your o! servant W. L. Maroy, Mesare. Goopuve & Co., New York, Dzau oF Two Fem auxs 1m Boston FROM SUFFO- being The repairs ry on Saturday last, that Bridget Welch, an Irish wo- man, some fifty years of age, who had for several years been a faithful domestic in the family, was sent to e the house for their reception. She engaged e git! pamed Ellen Holland, about sixteen of age,to assist her, aud both were found Jood in their bed. in the attic, yesterday morning, heving evidently been suffocated to death by gas | which escaped from 2 pi Utes Reade? Chay which a chandelier ha mn removed. The de- cessed when first found laid in perfectly natural po- sitions, one upon ber face and other nearly upop her beck. There was apparently no stroggle; robably went to sleep and never awakened again. had set the table for breakfast and prepared the in the stove, and probably in going, up stairs smelt the gas, and opened the w in the story below. Coroner Pratt will investigate the case.—Boston Transcript, Nov, 15. Heavy Forrerrune.—Tuesday week was the day eet in the criminal coart in St. Louis for the tria! of Wilson C. Baker, charged with an assault with in- tent to kill Hoffman, wug wae subsequently killed by the wife of the econsed. The defendant failing to ie Sil recognizance of $3,000 was declared Rise rw tue Consecticvr Rrvut.—The late rains bave caused the waters in the Connecticut to rise #9 as to overflow the wharves at Hartford, but no seri- ous Gamage is anticipated. , FINANCIAL AND COMMERCIAL. MONEY MARKET. Fripay, Noy. 17-6 P. M. & miserable, fimsy affair throuzhout, and attracted no Attention in or out of the House of Representatives. It is highly necessary that this important matter should be approached in the most cautious manner. The sim- plest alterat’ons will prove most effective. The system need not be touched. Everything required could be ac- complished by adding annually to the list of free artictes, until the revenue was reduced to @ proper standard to meet the current expenditures of the government. The tariff is no more or less than 3 system of taxation, ahd it is just as absurd for the government to draw a large surplus from the pockets of the people under a tariff’ on imports, as it would be for the corporation of the city of ‘New York to lovy a tax that would yield an income of five million of dollars per annum more than was required to meet the annual expenses. It is entirely inconsistent with the character and spirit of our institutions that such a system of finances should exist, and it lms been carried o far that no time should be lost in providing a proper remedy. The first movement made should be in relation to the present surplus, The twenty-eight million of dollars must be returned to the sources from which it was de- rived, and then the necessary measures taken to prevent another accumulation. We know of no more immodiate method of getting rid of the plethora in the public treasury than by purchasing government securities at the mavket price. It is certainly most feasible, and would afford instantaneous relief to the government and to every important interest of the country. The govern- ment of Great Britain has a broker continually engaged in purchasing the public debt, He enters the market at any time, and purchases to the extent of available funds, on government account. In this way the public revenue is always active, and public stocks always find pur- chasers. There is never any combination to put up Prices to corner the government broker, for he is just as ready to purchase at high prices as at low prices, when provided with funds. No one in the market knows whe such purchases will be made, but they generally have « favorable effect on prices. The adaptation of such system here would do away at once with all the difficul ties now experienced, and be of immense advantage «> the whole community. The plan now in operation, de vised by the present astute Secretary of the Treasury, only liquidates about an average of $50,000 por day— sum not equal to the daily increase in the surplus revenue. The evil is, therefore, not at al removed, and it {8 of the most vital- import ance that either the English system should be adopted, or some new one be invented. Daring the | past year we have exported about forty millions of spe- cie, and added to our surplus income in the sub- four million of specie extracted from the channels of There was a better and more buoyant fecling in the | tions for nearly every fancy on the list improved, but realized. At the first board, Virginia 6’s advanced 1 per cent; Ilinoia Central, 34; Nicaragua Transit, 343 Cumberland Coal, 34; New York Central Railroad, 134 Harlem, 1;; Frie Railroad, 14%; Reading Railroad, Michigan Central Railroad, %. At the second board, Virginia 6’s fell off 34 per cent; Cumberland Coal, Erie Rgjlroad, '4; Reading Railroad, 14. The mark moves up and down with as much ease aa the mercury ina thermometer; one and two per cent a day is a mere | ‘bagatelle, and attracts no particular attention. No one can tell what couree prices may take to-morrow, and if the first board is buoyant the second may be just the re- verse. All is uncertainty and doubtful. After the adjournment of the board, the following sales of stocks and Wonds were made at auction, by Simeon Draper:— $1,000 Cleveland and Toledo R. Incomes, inier- . 67 al Ins American Express © Long Island Bank Delaware, Lackawi Market Fire Ins. Co Saratoga and Washington R-R. ipta at the office of the Assistant Traasarer of this port to-day, amounted to $109,679 98; payments, $61,487 82—Lalance, $6,585,272 02. In consequence of the withdrawal of the steamship St. Louis from the Havre line, there will be no steamer from this port tomorrow, Saturday. The operations in fo- reign exchange have, therefore, been li pard steamer from Boston on We the next mail steamer, She will ta hundred thonsand dollars in specie. Eng nearly that amount have already heen made. An official report of the Knickerbo It having been repor cted with the Knick * this opportunity to contra judge from the etatem & prosperous Gondition, The warrants ent Washiny Tor the For th t Covered into th source Covered into the Tre Fer the War Department, 8 For repaying in the War Dep 95 For the 3 68,073 00 For re; 947 18 For the Interior Bepartment. . The receipts of the Mutual Life Insurance Company for the quarter were $16: 55, and the disbursements of ail kinds $106,064 29, showing a balance of $55,276 26, which, added to the amonnt on hand at te commence- ment of the quarter, makes the present assets amount to $2,674,022 60, the bulk of which is securely invested in bonds and mortgages. The amount at risk on the Ist inst. was $21,611,877 34, showing an increago of $402,450 for the quarter. The number of policies out- standing is 2,082, showing an increase of 148, The earnings of the Indianapolis and Cincinnati Rail- road for October were : From 1,250 76 | Total $53,044 73 The earnings for the first week of November of the Michigan Central Ratlroad Company were -— Freight, ‘Total. $24,331 59 $55,054 03, 17,825 62 16,579 15 404 77 Increase... $12,876 82 $7,752 44 $20,620 26 ‘The Urbanna Insurance Company at Urbanna, Ohio, has failed, and assignees have been appointed to wind up its affaires, The enormous accumulation of specie and bullion in the hands of the government, under the operation of the present tariff system, has recently created a great deal of conversation in financial circles. During these times of pressure and contraction, auch an extraction of coin and precious metals from the channels of commerce be- comes particularly onerous, and serves materially to check and obstract the natural, kgitimate operations of trade, The sub-treasury eontains at this moment about twenty-vight millions of coin and bullion, and it eon- tues to increase with a rapidity that ix continua felt by all classes. While the government is hoarding this amount of treasure, nt great loas of interest, there is an outstanding debt amounting to opwards of fifty per cent per annum, adding an Item to expenditure | which might just as well ns not bo dispensed with. The | great mistake made by the Socretary of the Treasury, which we pointed out at the time, was the establishment of a fixed price for purchasing government stocks, in- stead of being governed by the market rates, whatever they might, from time to time, be, and taking all that may be offered, It might not be considered the wisest policy | to materially change the commercial system by which this enormous revenue has been collected, until the pub- } | | Terrie Dearn at Burrato.—On after- noon @ young man ty tue maibe 00 Gusta Petes shop of the Buffalo, Brantford and Brantford shaft whil =i 5 = lic debt is liquidated; but the surplus is already equal to | more than fifty per cent of the debt, and every dollar now in the treasury could, without danger, be appropri- | ated to the payment of that portion more immeiintely | arriving at maturity. It would not be advisable to com- menee with any very important alterations in the present tariff; but such changes should be made that would, in the shortest possible time, br; the public, revenue and before the engine could a he Bones When he was semoved it was found that hie’ were all literally broken to pieces, duced to a mere shapeless mass by revolution agairet the joists over the must bave been kilied at the first revolution. remarkable that about two in the machinery in the same way, , juat at the moment the shaft stopped. He was about twenty-two years of say Ae: a native Buf Courier, Nov. Covorsp Extgranrs.—Upwards of fifty colored Loess nays ati cla an | and bas been poe . sylvania, where Mewtiot Alan, & bow O's tt, of ‘eet free. down to the standard of public expenditures. The gov- ernment has no right to draw from the hands of the peo- ple, and from the channels of ecommerce, auch an enor- mous amount of capital, It is, in fact, two or three times as much for all the purposes of trade as the amount actually locked up in specie, While every inte- rest of the country is at all times more or less restricted for the want of capital, we find the government hoarding up nearly thirty millions of dollars in gold. An attempt was made during the lsst session of Con- gress to deviso ways and means, to reduce the enormous stock market at the opening this morning, and quota- | before the close pricea were heavier, and a decline was | tary | commerce, It is true that upwards of thirty millions o! dollars have been received from California, which, for. | tunately, furnished supplies for a large portion of this @rain, This shows a reduction in our supply, which, if continued, must be most reriously felt. We have mt anexcess of capital, and have for years been obliged to look abroad for the means to construct our public works | and for the extension of our internal improvements generally, and the government should aid and foster all | our local interests, instead of extracting from them | @ | means of developement. The twenty.eight million of gold | locked upin the sub-treasury would, if scattered broad- cast through the land, do much towards rolieving the resent pressure, and materially improve our circulating | medium, If there is any financial talent in the ‘jreasury | Department we trust it will be put in requisition to | reduce at once the enormous surplus revenue, and give | the people the benefit of that accumalation in some | pape. ‘The annexed statement exhibits the quantity awd value of foreign dry goods entered into this port for consump- tion, for warehouse, and also the withdrawals from warehouse, during the week Thursday, Nov. 16th, 1854:— Movements or Foreign Dry Goops, Entered for Consumption paige" oF WOOL, MANUFAC! Weollen Clothe. Worsted Do. & cott., 103 Shawis...... 0 7 Blankets © WANUPACTE | Weollens ch | Worsteds | Cotton & do. Shawis . a7 $19,221 } — MANUFACTURES OF LINEN. WO $49,587 - Linens ...... 117 $21,003 MANUPACTU RES OF 8 12 (1,700 | Silks... 8 — 7 Ribbons . 5 6813 = Total.>.... 129 $22,793 | Shawls Silk & linen. Entered for MANUPACTORES OF WOOL. \CTURYS OF PLAX. ‘Wooliens % $14,472 Cloths, Do. & cot 23 2,978 Worstreda. Wdkerchiefs. 4 3,524 Cotton &do.. Thread.,.... " 3,980 Shawls ...... woytiinry od Total...... 126 $24,954 MISCKLLANEOUS. Straw goods.. 171 $49,870 Clothing. 4 460 Total...... RecarmoaTion. Entered for Consumption. Package:. wool, 240 Mauufactures of Miscellaneous... . Total... win Manufactures of wool, Entered fi Manufertures of wool, The operations in foreign manufactures are generally million of dollars, drawing interest at the rate of six | quite limited, as there is no demand, except for smal quantities of seasonable fabries, which are more or les: in request at all times, and cannot be taken as an evi- dence of life or firmness in the trade, This is entirely destitute of both the features just mentioned; and what is more, is apt to continuo so for some time to eome, as there is no probability of any revival of demand for fall foods, the season being now too for advanced, while there remain toletably large stocks, especially of unile- sirable goods, on hand, which mast be closed out some time; and from present appearances we judge that own- ers are anxious to get rid of them now, even though they should have to make further concession in prices in order to accomplish their design. This removes all grounds to hope that there will be any marked improve- ment this year in the trade. Such @ prospect is poor and forbidding enowgh; but, as if to render it still more so, suspensions are beginning to form a por- tion of the current history of the business. Two only of any note have been reported this week, among our local dealers—one a silk howe in Cedar street, and the other a firin of jobbers in Cortiandt street. Their liabilities have not been ascertained. We could hope that these would be‘among the last, as they have been among the least considerable, failures in our midst; but we fear it would be hoping against hope. The sacrifices of goods have been too numerous and too heavy, during this sea- son, to justify us in believing that no more houses have been crippled and ruined than the public have thus far revenue from customs, and the Secretary of the Treasury addressed circulars to merchants and manufacturers, re- questing them to furnish him with such facts connected with their line of business as would bo « guide in fur- nishing proper information to Congress on the anbject of duties, &e,, but he did not accomplish much by so doing, ‘and bis report relative to moditicatone is the tariff, wae heard of. Still, we do not like to antic.pate misfortunes, We therefore clore by again urging all to be cautious in investigating. their account books, atd in entering into mew engagements. By prudence alone can there be effected anything like wholesome retrenchment. ‘The Boston Prdvcller of the 16th inat, sayei— . The demand for monty continwtes steady, rates ranging {tom 9 to 12 per cont. “There are many notes of ‘the 0- treasury about four more, making an aggregate of forty- | ending and including | ccnd grade in the market, bnt business paper of the ft stamp ir not very plent: ruling quotations. Transst tien at the Stock Exchange were to ® fair extent, th and heavy M ly , $2 lo} res; at the close 25\¢ was offered. The assess ment of $6 per ehare is payable on the 20th of Decem- ber, and not the 2d of Lecember, as stated yesterday. Toltec rold at 4, at which rate there was an active re west. In other stocks we notice no special variation. ‘ermont Central Ist mortgoge 7 per cent bonds went at +50, which in 2 per cent lower than last sales. ‘The Cincinnati Gazette of Wednesday, the 14th inst., thus reviews the state of money mafters jn that elty— The exeitement in financial matters during the week, which for its extent and immediate effect is without & precedent in the history of our city, has ooeupied the Attention of the business community almost entixely. Everything relating to money matters is unsettled, and it is useless to undertake to give our usual quotations. The banks and eanhene are fae but bog ee discounting either or al paper, and on tl of the usual street operators there has been « general suspension of loans. @ considerable amount of capital has been floating about outside, however, insmall sums, and in the hands of parties who.have lost confidence in banking institutions, which is being loaned to merchanis and manufacturers at 8, 10 and 12 cont interest. In this way scme relief has been obt and this mo- ney is thus indirectly getting back inte the regular channels of trade. For two or three days past matters on Third street pre- sented a quiet appearance, and at present writing no excitement is observable, and so far as regards the bank Panic, ve have ungestionnbly experienced the werst. Vith reference to the private banking houses that were not seriously affected by the run, there is a more settled feeling of confidence, while it seems probsble that two, if not the whole of the parties that were forced inte ® suspension, will very shortly resume. The statement | of assets and liabilities so far as made, shows the parties to be entirely solvent. The Citizens’ Bank, of Messrs. Smead, Collard & Hughes, have received check: f of notes, and thus their liabi duced. ‘Ihe creditors of M end Ells & Sturges, have petitioned rign, and permit the partics themselves to siness, thus exhibiting a degreé of co ity and empress of a enmne ‘air hae 4 appreciated by the latter. 6 ing to these and other unmistakable signs of returning conf- dence, This course wit tery soon dispel the clouds that have darkened the commercial horizon, for it is confidence rather than money that is scarce, and as the former will gather strength, the latter will incrense in supply. though there has, of course, been much em $8 ment of the mercantile and manufacturing branches of trade, no large failures have taken ii) ‘and thus the most sativfactory evidence is aifordabef the generally healihy and solvent condition of these elasses. The contraction that has been steadily practised for sx months past, enables parties fo endure the storm, would, had it come on in a time of expansion, have proved most dirastrous, Stock Exchange. Frupay, Nov. 17, 1864, $2000 Virginia 6’s.s3 91 60 shs NY Cen RRbS 1100 City 5's, °70,, 100 5 do. . CE ie C Bs,'62.¢ 74 5000 HR Ist Xf Be. 101 1500 IN Cen RR Bs. 60.4 5000 do... 83 68 3000 75 shs DI 25 a Se SSRSsesee eRe SSSsses | 36 | id a 4 } 3536 aie 38: 160 do, +} 100 do: 200 do. 200 100 800 Geld Hii Hine... 75 NY Cen RR. .83 50 S383. sees 47 Cleve & Tol SECOND BOARD. #03 100 shs Erle RR. .s10 ; 3 4 100 do 66° 9 Mich § 10 eh 4m Ex Bank 10144 200 Reading 4 lo. 200 CITY TRADE REPORT. Fuay, Nov. 11+6 P. M. r= were searce and quiet at $6'25 for pearls, and for pots, per 100 Ibs. The wo? salos reached 0 bbls. American yellow was in-moderate supply at 28e. a 2Rie. 1b. —Flour was not so active, nor quite se sales having been made to-day of only abeut 8,800 ord) to choice State, at 38a $8 PY 4 98 mixed to fancy western at $8 50a q ; with 2,100 bbls. auperfine $8 75, in bond, and $9 75.0 $10, free; with 2,000 bbls, mixed to fancy and extra southern, at $8 8734 n $10 3734, per bbl. Rye flour was pecs oe at $7287 75, per bbl. Corn meal also ruled quiet, $4.50 for Jersey, and $4 74; for Brandywine, Bol, Wheat varied litle. The sales included 6,000 busbelé handsome Genesce white, at $2 40; and 5,000 do. Cana- dian do., to arrive, at $2. Rye, barley, and oats were im fair demand ond firm. Corn wan doing better. The sales amounted to 108,060 5 ashels, at 100. 2 906. for western mixed, in store; c. for do., delivered; Wegfor new southern zellow; ad 95e. for round northern yel- low, per bushel. CAxDLEn—There was rather more inquiry for mould tal- low, at 143. a 15e.; adamantine at Zle. @ 25¢,; pla sperm at 28c.: and patent do. at 28. a 40c., per Ib. Correx.—Saies of 300 bags Rio were made at 9%c. ; and 150 Maracaibo, at 10c. a 103g. Corrox.—The sales reached about 1,200 bales, and the better feeling noticed yesterday was main and some houres reported an 3¢c. advance for some ‘The market clongs very ateady. « Fratuxns.—£ales of 2,708 lbs. prime Western live geese were reported, at 46¢. per Ib. Frecuts.. jen were steady, with more offering for English ports, and about 40,000 a 50,000 bushels of cow were engaged, 344., in bulk, and 6d. im ship's 1,000 tiercen at 2s. 6d., and 100 boxes bacen at 1 with a rmall lot 8t. Domingo cotton ft To Bremeq bbls. sahea, 500 bbls. rorin were engaged, at 2s.; 208.; 350 bales cotton, at tsc.; 300 bales measuremen goods at 20s. per ton, and 100 bbls. spirits turpentines 4c. per gallon. Rates to California were unchanged, am Tuled at 20¢, & 86¢., per foot measurement. Frvrr.—the sales included 400 boxes M. R, raist $2 75; 600 do, halves, and 200 Loxes layers, at $3 20. Hay.—£alcs of 500 to 600 bales were made at 65¢, Te. per. 100 Ibs. Boney Abert 14 tea. and 9 bbls. were sold at 49¢.,1q ales during the week have embraces, Scotch pig, at about $34 a $35 per ten— ‘The demand for Eastern was more extensive tock, at $2 26 per tMousand, I land was inactive and somewhat nominal six months, ‘ales 300 Lbl«. new crop New Orleans were HO) do. old do. 18¢, a 20¢., and 20 hhds, clayed Cubs, ‘at ue. ‘onre.—Tar was at $3 50; raw turpentine at 100 bbls, spirits wero sold at We. "co and 2 rosin, at $2.50. a i was very stiMy held at 56e. a S8¢, for whale, and $175 0 $185 Tor opera per y whic checked transactions. More inqnii for mana- fnetured kinds, but at uneba prices. Olive was dull ond heavy. Linseed attracted but litile- attention at S0c. for large, and 82c. & Se, for small lots, per gal- lon. Lard was quiet, but steady, at 823g¢. « 876. for wipter per gallon, Provisto: Pork seemed in fair request, of 850 bbls. at $12 3734 a $12 60 for mers, and $11 87 poe Fn per bbl. continued in phit J f° demand, at be oa) a The. per Ib. last noticed. ' Lard ruled quict thou Fer ib. Weet wen ecieabletend free per lb. Peef was sa! an actions in it reached 290 bbls. ? 2 5 z i # B E. for Orange man perld. Cheese was in fair Ie; a le, 3 Lu Th Bee f casks were made at be. a 5c. The Skeps.—Clover was dull and heavy, at 1034¢. # lle. per Wb. American rough fax raled scarce and quit, Ab $1.15 per bushel. Timothy was unaltered. Epices.—14 bage Ard wore soll at 18340. SvGAR.—A sale of 180 hhds. New Orleans new crop made by auction, at be. a 6e. — 5.68¢.; 100 Orleans old gold at private sale, at 6x6. a bie.; 60 Ss at 5i¢¢.; 000 boxer, at Sie. & OC; amd 100 doy, TonACCO.—The market shows a little more and previow are fully sustained. Sales Made of 88 hhds, Kentucky Ss heuer is eerie atp. t; He.’ At hucifon—12 bhda. Maryland, average 6X6. ;).9 bales Cuba, average 111gc.; 16 cases common average 53g. Wrirxry.—Sales of 1,000 bbls. Ohio and Prison wer bo ag at-435gc. a 46e., mostly within the range, p@ lon. ro. The trade is again in a state of n business whatever is ig in any aux: quoteen ety of holders to realise drives Stocks are moderately large, but 2 LE at, “Thee ebe Sate tee hittcnag aaeet hae cembined Ww mes8 money joare bal improvement, little hope fer