The New York Herald Newspaper, June 20, 1855, Page 8

NEW YORK HERALD, WEDNESDAY, JUNE 20, 1855.-- i F ; E fe Fj i H g E 7 it if i i por: matter ‘that might come back to the orater, abould he be found sgain witvin the j lotion of his Campbell, of the and able Hon Jobn A. United States Supreme Court ” ‘The Cemocratic journal published at Jackson also has an article describing the visit of General Quitman to the capital of his State, which is worthy of notice. We copy it entire:— {From the Jackson Mississippian, of Jane 1.) Gen. Quitman reached the capital on Monday. The appouncement of his arrival drew to the depot a large concourse of citizens, eager to testify their reapect for ‘him asa eol-ier wno has perilled his life in defense of his conntry, a5 ao ardent and uncompromising advocate of the rights of the South, aus one whe in various civil trusta has been faithful in the discharge of his with appropriate rematie Gy Cape, Wan Retell, appropriste remarks pt. Wan. to which be rei |, Feferring chief et reccance well known movements in United States having for their object the liberation of Cuba, Agreeably to previous motice Gea. Quitman delivered ‘an addrese upon the Cuba question to a large assom- of ladies ané gentlemen at the tative hail oo Wednesday eveni He recapitulated with maca force and clearness ce of the establishment of the inde jada to the interests of the it Gretass national question, aflectiog thedestiny of the his the L United States, trea! aad , asa qui save Siates. He there are few uninfluenced oy p:rsonal or partisan ‘who are prepared to find fault with the it An ardent Cag Mog ao. ike ctrowlars marked ‘con! ial”? wore strangely enough Hooding the country with elaborste details of the plans of the cam; while the whole land almost literal; with tne notes of preparation for the expedi. tion; ee oe See im progress, a friend of the admisistration and of Cuban indepeadence, Mc. Sli- ell, moved in the United States Seuate the sl of the meutrality law, with the express purpose of sient Soom. Fa obligation to . against the ex; n. measure was war! by the Teton newspaper, and was knowa the fevor of the adi ‘tion. The attempt failed. s F i By majority the Seaate refused to sanction the repeal of the law, snd left the President no other alter- native but te enforce it. ‘The follewing section of the law of 1818 beara dirsctly on the point, and is quoted, that no misapprehension of tte meaning may exist :-— Ste. 6. be it ted. shall, within the fatter te ried yo ve the Batted Btates, an or set on foo! ane ‘with whom the United offending shall be deemed guil A second attempt was m: ‘Btatre, to effect the ‘the secomd seasion by Senator Brown, ral of this lew, near the close of ‘the last 8; but it met with ment of Mc. thority to oon = b pecgerey views in a justice or wa which are spread ter hus dance on the statute books. re Gen. in the course of his remarks, declared Bimself a democrat of the scheol of Jefferson, and an- Rounced his intention, however widely differing from the administrat.om on the point above meationed, the democratic party ia P ture contests. address was with marked attention, and its delivery interrupted by loud and prolonged [From the Washington Union, June 19. e june 19. We publish below series of papers in relation to th pomegs etre A Territory of prey The eters mi oores nor r to Comm: er Many penny, ¢ rep! fo it, have already been made pudite by Governor Reed” er; the other documents belong to the aame question Dut are sew published for the first time, copies having been obtained by us for this purpose from the prope departments, and the publication of which seems requi site in order to prevent any misapprehension ia regard to the true state of facts, whish are of general interast and importance to the whole coustry. We take occa- sion to ssy that we eee no cauge to ——— intercup- tion of the public peace in Kansas un! its actual re- sidenta should be interfered with in the conduct of the ‘blic affairs of the Territory. If any persons have eretofore interfered, (which, in our mind, does not ad- mit of doubt,) either to control the votes mesas of ized societies in <r or actually to vote in ths Territory without the lawful qualification of resi- dence, or pecadt ip the qualified Meat fe yar) have perpetrated a gross wrong as against ig! “ the interests of the bova fide settlers of Kansas, which deserves, and will receive, the reprobation of all right. minded men. Governor Reeder, prior to his late visit to his former home in Pennsylvania, had officially canvassed the ro- turns of the electors, and had given certificates of elec- members elest of the Territoriel Council and House of Representatives, and had issued his proclamation for convening the Lezisla- tive Assembly at Pawnee City in July next, which will com] the organization the Territorial govern- men! W. L, MAROY, BsQ., T@ GOVERNOR REEDER. DxPaRtMext oF State, ‘Wasminorox, June 11, 1855. Sm—I am directed by the President to inform you that with the deyelopements before him im reference to pur- chases ef Kaneas half-breed reservations made by you in the Territory of Kansas, and in which, as you state, Judges Jobnston and Elmore, of the Supreme Court of the Territory and Mr. Isa..c4, the District Attorney, par- ticipated, sad im reference also to other speculations by you in lands of the Territory, peparentiy, violation of acts of Con, and of regulations of the departasnt, he feels em! sed to see how, consistently with his convictions of duty, he cam allow the present official relation te the Territory of yourself or of either of the other gentlemen named to continue, unless the impres- sions which now rest upon his mind shail be removed by bay ye oe jlanations. The will, however, be glad to receive and consider any explantions which you may desire to make in regard to the character snd extent of the transac. spoken of in he Iptter of G. Clarke, Santee on \ ented May 8 1886, and addressed to the ‘Superiatensiont of Indian affairs for Kansas, a 007, of which was for- = be Ein at papearelt the peril i am, sir, vory res; ly, your 0} servant, He ‘LE R 3 hin Cosas, Barros jon. [. ReepER, care of Jo! jarveyor, &e., city of New York. es! GOV, REEDER TO W. L, MARCY, ESQ. Naw Yor, June 13, 1855, Sm—Your letter of the 11th, postmarked the Izth, sphaee Rect eaener tio ai ter I had mace all my arrangements ve Yor Kensae at olx o'clock this morning. I could not remain at home to reply fally to the com- Sud its equelly cer that ieaanot give tothe grave and it fe equs! y ve to the grave the deliberate matters it contains which they re. quire while I am en route day and ht. Nothing is eft me, therefore, butto to the Territory, and reply to Bhd gmnge =. ee to the Pro. rday from Baston, and must express my re- £¢. neat your Somteeaiontion was not ‘made at po Bing r day. respectfully, your obedient servan' sie rer A. H. REEDER, Hon. W. L. Manor, Secretary of State, Washington. ATTORNEY GENERAL CUSHING TO THE ATTORNEY AND 4830- CIATE JUSTICES OF KANSAS TERRITORY, prin oe m4 of the LA ot atgian Rerod ‘mak observa: certaia coa- Graots for the purchase Of lands o¢ teaces -breed re- serves :— There contracts were, for convenience sake, made in the name of Judge Jonnston. al it was woll ua- derstood that Judge Elmore, Colonel and myeolf wore equally interested.” acts of Compress aud of Tigelations ef Uae Osean at o! gress the President feels emberranse’ to see how, coaslrtentiy with his the ficial relations to the of th imy moved He wil ple: the chara:ter and extent Laersiative CoacHMan.—A gentleman of this J, uieing vate city, a week or two since, was inquiring for « pri man. One whe heard of the inquiry and offered bis services in that capacity, mentioned as « recom ‘mendation thet he ‘‘was a member of the late General Ry OF Orr are Shaaaeh Tone Dickeus’ Houseneld Words, 26.) ‘The fabric erectiog at the Isle of srter Lenden,) as yet bears uo resomblsace te say known find of craft. At & dis‘ance the eye is unable to detest any perticular tiens about it, A however, shows « line mark the sbel one can perceive intended for a ship. Standing on the banks of the river wif the other, i the ‘ maripe Thames, wit on one side sed Grovawick Hospital is not easy to form a just conception of this Albert line-of battle ship, of one hundred and twenty guns, is some Walon oar thousand toms, and ebout two huaired and twenty foot im length, and that the Simla aad Himals: proseat the largest steamers afivat, are oaly thre ired end foenty tant im lepgth, or thereabouts, they may form some of the [ie gee of this Eastere Steam Navi- | oye Company's «' when they are toid that it will ‘ty foot im length and of twenty- five thoussnd burden : in other words, of more than six times the ity of our largest men-of war, and above deu! of the largest steamship afloat. Our readers will bave frequently heard discussions as worked by engines nominally of two thousaad six hua- ber papeney vanon but im reality capable of being worked up {fo ten ¢! horee pewer To guard agaiast ac- cidents at sea to machinery, aad to prevent any deten- tion from such a cause, the paidie wheels will not caly be perfectly distioct from each other in their working, buteach will be set im motion by several seis of ma. chinery of auperabundaat power, oo thet at all times derangements or cleaning of one or two cylin boilers will mot interfere with the progress of the Steam will be the sole propelling power, no a being contemplated im thia vessel. ase ja Oxing the great aize of the Leviathan, its projector believes that he has obtained the elements of a speed hitherto unkaowsa in ecean-going . It is confidentiy predicted that by the grest length of the Leviathan she will be emadied to pass th the water at an average speed, in ail weathers, of fliteem knots an heur, with a smaller power in to tonnage than ordinary vessels now re- q make tan knots. | The contr Ocean mail-carrying steamers is We believe that the Eastern Sei por intend moking their first voynge to Australia. actual distance Milford Haven, company’s it, to Port Philip is less than 12,000 miles, be touched at. Aspeed of fifteen knots or from to land would take starting mile he veraged 6 an hour a the Leviathan to the golden colony ia about thirt; spied, by svelding 2Ul stoppages for cou wish, besitos apeed, by avolding all » 90 for whic ion detaining a ship many party the different ett car. risa her a great distance out of the direct steaming course. Bere we find another novelty breught to bear by Mr, Brunel, A ship of fthis hage capacity can carry 12,000 tons of coals—quite sufficient, it is stated, for her Fmploes cpr on the outward and homeward voyages. Space Still be left for 6,000 tons of cargo, the mass! machinery, and 4,000 passengers, with their luggage, ‘and all necessary stores for use. tage of this mt is two-fold. Be- sides the avoidance of stoppages for coaling on the voy- age, the ship earns all the frenght which must otherwise have been paid to sailing fer the conveyance of fuel to the cealing depots, which, on three-fourths of the quantity consu: on one voyage, would amount to ‘8 sum svfficient to build and eqaipa steamer of two or three hundred tone, at ore draught of water as Tt in impossible te judge finish or ac- commodation of such a sige tic np asthe Leviathan i¢_state of the ironhull. I ai hewn, it pub cree i ta ate right gles, appear eight, with sub:com ai angles, »| to divide the monster fabric into a mumber of square and oblong spaces, each of which would contain an eight-roomed se Of Camden Town build, or a semi- detached villa from Stockwell at forty pounds per anpum. We inspected = model of this ship in wood, « could scarcely believe that the unsightly mass of irom see rivets joints, just beheld, could sy any possible ingenuity, be wrought inte anything so beautifully symmetrical as the Jong arrow-like little craft before us, taperii of as sbarply as a woodmaa’s hatchet or ® Thames wherry. From that motel we were on- abled te understand where the engines, coals, stores and cargo would be , aud moreover where the two thousand first cl passengers would be berthed in their five hundred state cabina, aad where the two thou- fand second class and steerage passengers would be placed, without nearly as mach crowding as in an Ordinary passenger or emigrant ship. Large indeed must that steamer be which can provide a main deck saloon sixty feet in le: aad forty in width, and fifteem feet in height, with a second class saloon only twenty feet shorter, and a foot or two less in height, The Leviathan hae these, and they ap but small compartments of the huge interior. It weuld prove a fortunate circumstance for our mili- tary authorities, who are so mach in want of steam transports to the seat of war, if this monster ship were ready for sea at the nt moment. There are just now two divisions of the French army of ten thousand veyed to the acenes of their han, with just sufficient could take on board one ef jh’ horaes, fodder, artillery and Sie ae ith proper > rimes; could retura and carry the ‘secoud of those small armies; and could arrive back at Marseilles for the second time within ome © 8) of the Leviathan are correct—which more learned heads than ours declare them to be—then the iron ship could bave conveyed at least balf a dozen regiments of bye from Bombay to Balaklava, by way of Cape of Hopeand the Straits of Gibraltar, in two-thirds of the time, and not much greater cost than was required for the one regiment conveyed through rt. Had the old system of ship b: still prevatied with regard to sea. steamers—hi iF sbipwrights worked om the w n wall iple,imstead of the plate and rivet method—we would never have possessed such poble steamships as are owned by our large commercial companies, Certain it is that the Leviathan could mot have been builten the wooden system. The mightiest giants of Indian forests, of fabulous age, in countless umbers, would not have sufficed to produce a ship of half her size, Strength enough could not have been ob- tained with the moet np masses of timber-work, braced as they might have been with tron and copper, to bave floated so mighty s load living beings. Yet the monster of which we are now spesking—so new in its various appliances of power, 60 wonderful im its unheard-of. capacity—is composed of plates of iron less than one inch in thickness. ‘the secret of the great strength attained by this com- paratively small amount of metal is in the peculiar structure of the hull. It ia built throughont in distinct compartments, on th prine| of the Britannia Tabuler Bridge, and when finished will be in fact a» huge tuba: lar hip. ‘The principle of that structure need not here be dwelt upon. It will suffice to explain that the whole of this vessel will be divided into ten hage water-tight compartments, by means of iron plate bulkheads carried up to the upper deck, thereby extending far above the water line, In addition to this great safeguard against accident, the whole length of the ship, except where she tapers off at either end, is protected by » double skin of metal plating, the outer ove being distant three feet from terior, These double tubular sides are car- ried too far above the ceepest water mark, and inas- much as the traverse bulkheads extend to the outer of thene ekins, they are divides into many water-tight sub- divisions, any one er twoof which, though torn or frac. tured, and filled with water, wou!d not affect the buoy- ancy or safety of the ship. Besides the great transverse divisions before alluded to, there are two enormously strong longitudinal bulk- heade of iron running from stem to stern, each forty feet from the inner skin, and carried to the upper deck, adding greatly to the selidity amd safety of the veseel. The maim compartments thus formed »; the bulkheads have a means of communication by fron slidivg coors near the top, easily and effectually closed in time of need. Iq this way not only are all the mort exposed portions of the sbip double skinaed, but bet petty dine fire and water proct soupartaent, rat pe 1 fire and was com; ents, }, indeed, so many colossal iron safes. If wecan ‘a rock to penetrate the double akin, and make way into in 4 of these compartments, it might ith water without any detriment to the rest of hip. One of the most terrible calamities that can befal a vessel at sea is undoubtedly @ fire. The irom water tight bulkheads would seem to that destructive element sufficiently; bot, in order make sssurance doubly eure, the b rs are experimenting with » view te employing only prepared uninflammable wood for the interior 5 Such is the Leviathan. She is to be launched, unilke any other sbip, broadsi to the water by means of hy- Graullc power, ond early next spring is expected to make a trial trip to the United States and back ia less than a fortnight. In contemplating this Brobdingnsy vesee] our small acqusi ntanoe wit! 4 nautical, dwarfe down to Lilliputian insignificance. fore reach- ing the Isle of Doge we had imagined we had possessed some acquaintance with ship building and marine eagi- neoring. One of the Leviathan’s cylinders was sufficient to extinguish our pretensions. Marine Court. Refore Hon. Judge McCarthy. A REWARD NOT BOUGHT FOR. JoNnn 17.— David R, Quick vs. John T. Harding.—This ‘was an action for sesault ond battery committed on de. fendant in plaintiff's shop last March. Defendant is * carver, Laat winter a robbery was committed on his lw 7 and a large quantity of tools taken from him, of cargo, machinery aad au Offered a reward for their recovery. ‘The plaints who is a machinist, was ie coooad head store in the Bowery, aod there wa the le gave the information to his brother, (plain- M,) and told him togo and mor the rewatl sod taey ly called oa the de- tion o- ‘op, and while there an sit hich plaintiff got a pate of biack eyes defendant tunirts thee plaintif se tie supcvenrs, 08 Ges oe more than he deserves, ana that the (the defendant) was the tajured pacty e jury, however, rt and gave d foe $200 le cover tha pleats Gace ree Judge Piram Warner bas recsived the demoer semication for Congress in tne Fourth dlstriat of ene, g'*; and Hon, Ypba M, Lumpkin, io the Fifty, ‘The Hee. Mr, Stanton, of Tonnessee. TO THE EDITOR OF THH HERALD. New Yorx, Juno 10, 2855, In your report of the speeches made last ovening at the Know Nothing mess mecting '* in the Park, I find the rame of the Hen. F. P. Stanton, of Tennesses, ia- treduced an one of the speakers upoe that occasion. 1 beg te state that the Hom. F. P, Steutom was aot present at the “gathering iw the Park’ last eveuiag, and tly did mot make the ‘Knew Nothing’ epesch attributed te him ia your report, aad further, liberty to express my fir bolief that the po litical principloe ef Mr. Stratton ure as remote from “Kaew Kol * as was te himself from New York city at the time of the sforeraid ‘gathering,’ asl can | state, comideatly, that sir, Stanton was not witnin two hundrea and dity miles of New York at the time the \Kaow Nothing mass meeting” was being held ia the rk. New, Bir, as Mr. Stanton’s per friend, I hasten to correct the 1 which might otherwigs inflict up injustice. Please publish the abeve, and oblige, respectfully, VERIEAS, el and political wim your report, hima great political ‘Theatres and Exhibitions. Acapemy or Musi0.—Thursday evoring, the Lagrange Opers troupe will time, Bailini’s grand opera of “ Norma’’—Madame La Graage (who is admired for her greet yocal science) aa Norma, Siguors Cortial Adalgiza, Pollle by Signor Mirate, a roveso by Ma- rini, If this cast cannet call together t! jovers of salendia vocal ability, we Knew not what caa. Those who love melody im its re ined character, should ge to the Academy Curing the few mights the La Graage company wall appear, Nuw10’s Garpay.— The third representation of Balfe’s deautiful opera, itied the ‘Daughter of St. Mark,’’ will be givem this eveuing. To those who have been pre- nent at ita first preductica, it is scarcely ascersary to aay they bave been well pleased. Misa Loutas Pyne, who ia evidently one ef the mest dmiahed vocalists, has shown ‘that wherever she is pisced, evem in the most difficult role, che a Lape athoms. Niblo bas aothing te produce opera effectively. Let the lovers of mu- sic testify the fact by extensive patromage. Bowkxy Turatas.—At the east side of the city, we know of mo place where am eveming can be whiled away with more plea . Mr. Waldron is untiring im his exertions te place the old Bowery without compotition. It is the best amd mont properly regulated thantes easterm side of the city. He bas hed the Fre: Spanish dancers performing there for the last fortnight, endeavoring to afford everything ef refinement for his patrons at a great expense, aad he should receive hie ro ward. To-night, R. Johaston’s bomoit takes place. Let him bave s bumper. Burton's THeaTRR—The benefit of an actor who is one of the teat favorites in New York, takes piace tonight—Nr. G. Holland. Those who remember the old Olyropic wil! not forget him. The pisces aslacted ara the dramaof ‘‘All That Glitters is Not Gold,’’ Messrs. Rédy, HeLand. Bland and Mrs. Frost in the leading cha- racters; “Nipped im the Bud’? will follow, ana the emusements will close with the ‘Widow's Victia,” Chapfrau and Miss Albertine in the principal parts ‘Watacn’g THRaTRE —The German Opera company will appear on Friday evening in Donisetti’s oolebrated opera of “The Child of the Regiment,” whem Mad, D’Or- my, assisted by several artists of great vocal celedrity, will appear and gi they have already dome in ano- the ¢ of amu ement im this city, a proof of their splendid vocal sciences. Nodeubt the Gsrmaa commu- nity will sustain them by « patronage commensurate with the'r talent. Woon’s MinsTRRLs are Cra wing full houses every night —a proof that negro minstrelsy is still in the ascendant. “Black Blunders’? is anzonaced for this evening. BUCKLEY'S SERENADKRA,—This company wi!) leave for a sbort time efter this week, im order to gain health in the provinces. They announce for this evening a bill Of great attraction. “The burlesque opera of ‘Sonmam. bula,” with a great variety of vocal and instrumental performances, performaace wumental. Mernopourran Toeatre.—The benefit of Miss Mary Agnes comes off to-night. Sheisa mi Auericaa act- Tess, and it is hoped her frieads will rally on tae occa- sion; The pieces selected sre ‘Much Ado About No- thing,” in which Dyott, Howard, Nortom, Miss Mary Agnes, Mre, Sylvester, and Miss E. Morsnt will appear. Chaco” will follow, with Dyott, Miss Mary jgnes and Mrs. Vernon will fll'the priucipal charaoters, Mrs. J. C. Frost announces her benefit for Thursday ing, at Burton’s. Mrs, Frost is a young American ss of marked ability, and this is her first appeal to the public in her native city. ‘Tae Orrra 1n Boston.—The LaGrange bgien4 gave ‘the “Norma,’”’ and the last actof ‘Lucia’ at tl joaton theatse om Monday. Bvery wont was taken, ‘con- certs during the week were not pecumiarily sacoessfal. JounsTon’s TEStIMONIAL.—Kemember this affair takes place to morrow evening, and that from the dramatic arrangements it will be splendid affair. Isapora CraRgKe, the American prims donna, will make a flying visit to Yonkers, where abe will this even- ing, by invitation of s committee of ladies and gentte- men, She wili be assisted by artists of vocal celebrity. ConrinknTAL HALL, CORNER OF FIGHTH AvANUE.—Sadg- wick and company give their entertaiament called “Crotchets and Quavers,”’ every evening this week. er x ee) Tue FivisvsTsping MaGnoita.—Th's vessel, recently carried into Mobile by the cutter McClelland, for being concerned im filibustering, is a forfeit, uader the revenue laws of the United States, witu all her cargo—3,000 rifles, 1,800 Colt’s revolvers, 1,000 pounds fixed ammunition, © field battery, and a larg: juantity of ether military stores. The 3d section of ‘act of April 20, 1818, provides that » vessel leaving a of the United States, as she left New York, with audulent clearance as to her cargo, and om such an errand as herg, shall, with her cargo, be forfeited, one- half to go to the informer; and those concerned’ with her are liable also to « fine of $10,000, In this case we jume that the Assistant Secretary of the Treasury is he party cauaing her to be taken {ato the custody of the revenue officers in the dis of Mobile. it is mot a ses his oy i, @ was in hy Tentirg of the ba Junta, as alleged; Nicaragua is thought, on very reasonable sounds, indeed, to have been her destin tion, notwi nding the protestations to the contrary. —Washingion paper, June 18. FINANCIAL AND COMMERCIAL. MONKEY MARKET, Turspar, June 19—6 P. M. ‘The atock maiket opened exceedingly bucyant this morning. A very heavy amount of business was transacted, and the upward movement appears ta gain strength as prices become inflated. Atthe first board Missouri 6’a advanced 4 por cent; Cali fornia 7's, 4; Erie bonds, 1875, 2; Llinois Central Cozstraction, 3; New York Central 7’s, 4; Ohio Life and Trust, 4; Cumberland Coal, 4; New York Cen- tral Railroad, 3; Harlem, 3; Brie Railroad, $; Reading Railroad, 1; Hudson Railroad 24; Michigan South erp, 2; Cleveland and Pittsburg, 43; Cleveland and Toledo, }; Ohieago and Rock Island, 2, There was quite an excitement to-day in New York Central etock. The large sales at auction gave an impetus to the market, and prices were up above par. At the board there was considerable activity, at an ad- vance. Erle aud Reading were in demand to-day at better prices. Of the latter cash stock was plenty. Hudson Railroad bes advanced rapidly within the past day or two. On Satarday there were sales at 39 per cent, and it sold to-day at 43 per cent. This rise has not brought out much stock. Western rail- road stocks do not seem to make any panse in their expansion. Cleveland and Piitsbarg sold a fow days since at forty-five per cent. Sales to-day were made at fifty-five. Even this enormous advance has not induced many holders to realize. Railroad bonds were freely taken to-day at better prices. Il- linoia Central coustraction and free land, amount ing to $160,000, sold at the first board at au advance of about three-quarters per cent ail round. Most of the purchases were for cash. Erie, Hudsons River and New York Central bonds composed other par chases to-day, aliatan advance. The speculative excitement existing at the Stock Exchange has brought out aome mew stocks. We notice to-day a email eaie of Brunswick City Land Company. Tasre is, pertaps, no railroad stock on the list possessing #0 wide s margin for an improvement as Erie, and we believe that @ good portion of that margin wil be covered before many months. In view of ite po sition and prospects it is unwarrantably depremed It fe at this moment selling for only sbout one-hal a8 much as Oentral, and if there is in reality thet ¢ifference in their value we have rot yet been able to discover it. After the adjournment of the board this morn- ing, the following bonds and stocks were sold at auction, by Simeon Draper, om acgouat of the trustees of the inte Utica and Schenectady Raiiroad Company:-~ $208,000 N.Y.Com, RR.subso’n 6's, int, added. 86% 0 8754 14,800 = do. _— do. comvert’e 7's, do. —s loly 1,848 shares N. Y. Coa. RR. stock..,..00% 0 1003-10 The fotlowing «sles were made on acoount of whom it may concern, azd to close an estate :— Erie, Wabash and St. Louts Railroad ty tnt, added. 7534 10,000 N.Y. Cen. KR. do, BOK 8,060 Memphis city 6's do. 69 1,000 shares N.Y. Cen 108 93-16 & 100% Mr. Nicolay geld ai anction, thie morning, 29,933 thares of the capital stock cf the Gold Hill Mining Company, forteite] for agu-payment of am assess ment of 73 vents per share levivd theraoo. They brough! 74 cents to SL por share, anhjeot to said BERTELE C *- At the eocond board ¢he market was bacyaur, wag notective. Ilinels Central bonds advanced 1 "per cout; New York Centra! bonds, 4; Erie bonds, 1876, 3; New York Central B.R., 3; Chicage and Bosk Island, 15; Harlem, §; Reading closed at prices current in the morning. The upward move- ment in many stocks has been too rapid, anda re- action will be the rewult before many days olapss, The trensactions at the Assistant Treasarer’s of- floe to-day, were as follows: Paid om treasury account Recetvad do. Balance do Paid for sesay office... Paid om disbursing checks ‘The warrants entered at the Treasury Depart ment, Washington, on the 16th inst., were as fol- lows:— For the redemption of stock. For the Treasury Department 916 For the Interior Department 6,920 48 For the 10,933 74 83,438 26 Rear repay warrants received 4,235 07 into the tressury from custome 4,664 7h Covering into treasury from misc, source: 1,149 77 The Bankof America has declared @ semi-an- nual dividend of four per cent; The Peplea’ Bank, three and-e-hslf per cent; Michigan Southora Rail road, five per cent. The Michigan Southers Railroad Company earned in May $270,970 74, against $228,377 80 for the same month ‘ast year, showing an increase of $43 692 94 in the month this year. The New York Central Railroad Company earned $620,912 73 in May, this year,against $510,820 88 for the corresponding mouth last, showing an in- crease of $110,091 85. A larger per cent of the re ceipts in May, this year, were from passengers, than last. ‘The rates for the transportation of freight om the New York Central Railroad have lately been greatly reduced, to prevent its going over rival routes, which have now become numerous and un- controllable, but not enough to comply with the jaw limiting the dividends to ten per cent an- bually on the amount of capital actually expended im the construction of the same—which does not exceed fitteen millions of dollara—or to justify the suthority given to the company to “take private property for the purposes of the road upon the payment ofa fair compensation.” “The eminent do- main remaina in the government, or in the aggre- gate body of the people In their sovereign capacity, and they can resume the possession of private pro’ perty not only where the safety but also where the interest or convenience of the State is concerned, as where the land is wanted fora road, canal, or other public improvement.” In consideration of the exercise of thia right by railrond companies, and the grant of the franchise or privilege of making the road and taking tolls thereon, the pub- lic become entitled to the use ef it in transporting Fereons and property at equally reasonable and cheep rates, such as would keep the road in repair and pey the stockholders seven per cen’ dividends annually on the money actually invested by them, and itis the daty of the Legislature to maintain azd enforce this right. There can be no more equi- table principle established than that which requires railroad companies to do their business om such cheap end accommodating terms that the benefit to the public, from the use of them, may be of sufficient importance to justify the resumption of the possession of private property, and grauting the privilege of making the road and taking tolls thereon. i Vessels now convey large quantities of freight throngh the Welland canal, to and from the ports ‘of Rochester, Oswego, Sackett’s Harbor and Osp? Vincent, on Lake Outario, and Ogdensburg and other places on the river St. Lawrence, where there are railroads running to Boston, by way of the Ogdensburg and Northern, and the Moatreal and Plattaborg Reilroads, and New York by the Roches ter and Genesee Valley, and Syracuse and Bingham ton railroads, and Philadelphia and Baltimore by the E!mira and Williamsport Railroad; and from Lake Erie it is txken by the New York city, Buffalo, Corning and New York, and New York and Erie railroads, to the city of New York. No compro mize or satisfactory or equitable arrangement of all those conflicting interests can possibly be per- manently made, as the trade and commerce of the four most populous and wealthy cities in the Union are involved in the competition. The whole cost of all these railroads will sooner be sacrificed than un reasonable charges tolerated. Baltimore, Philede!- phia, New York and Boston, the respective railroad companies, and the placse where they terminate, as ‘well as the people inhabiting the intermediate, and, in fact, the whole couatry traversed by or having cccasion to use them, are vitally interested. The Erie caval can always, however, be msde to regulate the rates on such freight as does not require speedy transportation, by reducing the tolls daring about eight months of the year, which the Legislature will in future be compelied to do, from time io time, by the competition of the above named railroada, Reductions of canal tolls have heretofore repeatedly been made on account of the competition of the Baitimore and Ohio railroad, which has eight tun- els, altogether two miles in length, and many high grades, and the Penvsylvania canals and railroads, which pasa over the Alleghany mountaina on high grades, whese until recently there were four inclin- ed planes, three half a mile each, and one three quarters of a mile in length, on the east side, and three on the west side, each half a mile in length, over which the railroad cars and cana! boats in sections on trucks, have until lately been hauled by stationary power, when « circtiitous railroad, passing through tunnelling on which locomotive en- gines are used, was substituted, the expense of which is little, ifavy, less than the inclined planes. The range of the Alleghsny mouatains extends through the Northern and Middle States,from fifty to two handred miles in breadth, nearly parallel with the Atlantic, and from fifty to one hundred and thirty miles distant from it, affording no passage through it between Canada and the Tennessee river as level as the Mohawk valley. Previous to the completion of the Brie canal in 1825, @ vast trade was carried on between Baltimore and Philadelphia and the West through Ohio on turnpike roads con- necting with the National road, which afforded to them facilities the New Yorkers did not possess, and the citizens of those places entertained great hopes from the extension of the National road beyond Cumberland until they were oonvinced that they could not compete with the low rates of freight om the Erie canal. And the reduced amount of the importa and exports and business of those cities subseqnent to the above year, furnish anmistekable ovidence of the diversion of the business of the West to the city of New York through the Erie canal, which has continaed up to the present time. And the State of Peonsylvania hea ever since been endeavoring to open comma- nications by reflroads and canals over the moun tains to transport freight aud passengers at the rates charged on the canals and railroads tn the State of New York; but many millions of dollars have been sacrificed in the basiness, and public worke which cost the State over thirty millions of dollars, are now offered for sale at eeven and e-half millions, with no prospect of getting a bayer, aa the State kas sank many millions in the use of the same, and higher chargea would materially lessen tho trade now car- ied on through thoee channels, which is doubtless of sufficient benefit to the inhabitants individaslly to compensate for the incredible expense and loss of the State in constructing and managing the same. And now when the rivalry of that State no longer materially interferes with the business of the Can- tral Railroed, the above mentioned roads, recently constructed within our own State, at much less cost than the Central, which was originally so frail that the tracks were relaid after the pine rail and flat bar bad been used about six years, wilieach take away 4 portion of ite freight aad passengers, at still more reduced rates. The Bgutn Bey Seam Navigation Company, char- tered by the Legislature at its Inte session, have Opes their books in the villagss upon the eeuth side of Suffolk county, Long Island, and about one-third of the capital stock has alresdy besm takes: The hooks will close about the four'h of July. It | {s the imension of the company to ran e line of stesm ére from Wee tampton, Suffolk county, through the Beuth Bey and Se sean to New York. It is thought the line wiil pay well, » there are ‘forty miles of thickly populated countty Ww enoport it, If acy Citizens of Now York wisn to eubso00, $0 the stosk, it can be done within the epeoified time. ~raryoy W. Vail, of Islip, Suffolk county, and Austin n of Patchogoe, are the commissioners having charge o the books. The capital will be divided into shares of twenty-five dollara each. ‘he annexed sta:ement exhibits the gross and net earnings of the Philadriphia and Reading Railroad Company for the month of May, this year, compared with the corresponding month last year :— PHILADELPULA AND READING RarLRoap, Received from ooal..... $387,097 33 Recetved from merchand: 28,488 15 Received from travel, &c. 83:208 65 Total eernin; $449,604 03 | ‘Tr'sportation, oP ege, renewal fund, aad obarges 186,424 90 Not income for the montjggy.8160,708 67 $205,209 18 Do. previous five monthiers, 435,653 60 711/817 37 Not tecome six mcnths....,.9596,149 97 997,008 50 Acccrding to this, the increase in net income during the first six months of¢h present fiscal year amounts to $390,037 23—equal to about sixty-six per cent. The gross earnings of the Morris and Essex Rall- roat Company for the fiscal yearending May 31> 1855, amounted to $231,115 93, amd the expenditures im the same time to $125,172 98, showing a mat in- come at the close of the year of $105,942 95. Oat of this, two semi-snnual dividends, amounting to $57,876 69, and interest om debt, $18,735 10, have been paid, leaving @ balance of $29,331 16, which has been added to the contingent fand. ‘The financial condition of the company, on the Ist inst., was as follows:— Dr. Cr. Copatruction ..$613,166 69 Capital etock. $1,047,965 Real estate. 66, 580 68 Ime. cap. atk. 87,565 27 Bond trast's 91,502 98 school fund 83,750 78 Bonds (1864). 8,901 79 Bille payable. 4,294 28 Us ed a 569,767 98 Extens’n westof Hackettetown 24,721 16 Coarection with N. J. Railroad 81,406 76 Wood & timber 16,462 26 chi 108/800 453 96 44,985 14 1,684,489 67 Total......$1,684,489 67 Bubsoriptions to new stock to the amount of $108,- 000 have been tsken to reise funds for the comple- tion of the Hackettatown extension... No further steps have been taken to extend the road west of Hackettstown, and the directors think it inexpe- dient to do so at present. Aresolution was adepted by the stockholders, requesting the directors, if they deem it expedient, to survey a route fot railroad from some point on the Morris road, between Hackettstown and Dover, tothe Delaware river, at or near Phillipsburg, and estimate the cost, &. The total receipts of the Cleveland, Columbus and Cincinnati Railrosd Company for the first five months of the present year, amounted to $480,626 24, egainat $456,859 08 for the same time last year. The expensce this year in the same time were $205,552 67, being the net income of the company applicable to a dividend, at the close of the five months, $275, 078 67. Amount required to pay July dividend, about $225,000. The Canton Company of Baltimore received last yeer from sales of lands, rents, &»., $48,576 81, which with the balance on hand June 1, 1854, make @ total of $69,810 62, The expenditures for the year ending May 31, 1855, were $59,697 89, which left im the treasury June 1, 1855, $10,112 73. Duriag the year there has been added to the wharf property 2,142 front feet. The Wabash Valley road will be opened ninety- three miles from Toledo to Fort Wayne on the Ist of July, and twenty-five miles further in about ten days efterwards. The Lake Superior Journal speaks in strong terms of condemnation of the tricks to which Wall street and State street speculators have resorted to fleece the publis by the sale of stocks of an imaginary value only, by means of false aud exaggerated re- ports, newspaper puffing, sham dividends, aad the inflation of the stock market by the arts beat known to “operators,”’on Change. Though mining opera- tions have thus been brought into disofedit, it is yet insisted that there fe s solid basis for confidence in wel] mataged mining companies; thet there is no place in the known world where such rich and aban- daxt deposits of copper and iron ore can be found as in the Lake Superior country; and that the suc cees of several companies is even now astonishing, considering through what difficulties they have had to work their way. Inthe future everything isen ecuraging. The receipts of the Susquebauna and Tidewater Canal from the opening of navigation to the 10th inat., amount to $74,170 67, against $59,970 50 in the corresponding period last year, showing an in- crease of $14,200 17—near 25 per cent. We learn from the Pittsburg Gazette that the committee appointed to investigate the affairs and accounts of the Ohio and Pennsylvania Railroad Oompany, by the stockholders, at the meeting in January, bave completed their labors, and pab- lished the result in pamphlet form. After spending about two months, and examining all the transac tions of the officers fram the inception of the enter prise, the committee report that there fs nothing affecting the bonor integrity and fidelity of any officer of the company, excepting the defalcation of the late treasurer. The Park Fire Insurance Company have declared a semiannual dividend of five per cent. The returns of the banks of New Orleans for the week ending June 9th, compared with those for the week previous, present the annexed result :—~ Banks or NEw ORLEaNS. June 2, Jume 9. 7,886,601 6,949,396 0,920,424 0,810,449. Long and Short Loans, June 2 . a “ June 9, Total decrease for the week . The New Orleans Crescent of the 12th tnat., saya: ‘The Bank report for the last week exhibits a great decrease in some items It will be observed in speci there 1s a decrease of $487,205; {n circulstion of $110,015; of $725,101; im exchange of $420,431; in 3 of $209,023; fa diatant belances of $282, 86, tdi in deposits, anxiety caused bs Maen transient their business for the reason, hactene, was, ors pee ba Ie jemie existing te our city. Seencial movements of varity, being depot of the West, are more or less good or bad sanitary coedition. ‘with the State Bank, If we include the exc! ‘would exhibit a balance of $06,000, $560,000. Senator Rusk, of Texas, hae ad the State Gazette, at Austin, tbe bill than apon ite effect in ite ¢dbt, and in disposing finally hitherto intermisable controversy, up, he says, to what the United have cone, but it is the best that could qcv'd only” be got after | thimeelf in his publi address, It is Bask goes oven further in private con vorsebion, understand, then he deems it pradent te a that he plainly telle Texas that ir Fg ro or vegle ts to accept the provisions of the pending bi), that Congress will make direct appropriation of the money; and as such @ course would be just ard proper, we can scarcely question such ® result. Seven new banks were chartered by the Logisia- ture of Rhode Island, during the eight days’ session joat closed, viz :— Tae Bank of the Republic, im Providence; Ia = to this tation of baak capital, banks in Proto Ee iceriona Mace na fat tee of Commerce— ~ suthorized to increase the amount of their stock 1e..°3tt alk - | The returns of the banks of South Carolina, ._ | the month cf May, give the following exhibit :— 27.218; bills imctroula‘ien, $6,101,- ha $1,065,990; cash deposited ot enumerated, $3,200,550; epenrs, othe 2. ; notes discounted om coy 4 exchange, $8,205,674 aeats, 869; ae 731; ipomded debt aad stock there has been an increase of $36, in cirotlation there bas been a decvease of sinconis te Bot profits there has beea am imcrease of $92,049, aed | tm deponits, &o., a decrease of $230,000; in apecie a de- Surlty an increase o¢ $130,000, aad in domestic exchange en mostic excl decrease of $500,000." The following table shows the quantity of some of the principal articles of produce left at tideweter from te commencement of navigation to the Lite of June, inclusive, during the years 1863, 65 dags, 1854, 45 days, and 1855, 45 days :— Reoxrrs oy Paopucs at TIDEWATER, the Slater in Wi The quantity of flour, wheat, corm and barley left at tidewater, during the second wesk in Jane, ia the years 1854 and 1855, was as follows:— Flour, bbls. Wheat, bu. Corn, bu. Barley, i, 87,803 383,144 148,769 6,836 40,2040 434,052 47,302 Dec.262,210 Inc.200,283 Dec. ‘The aggregate quantity of the same articles left at tidewater from the commencement of navigation to the Lith of June, inclusive, during the yoara 1964 and 1865, was as follows: — Flour, thls, “Wheat, bu. Corn, du, Barley, bu. 301,603 881,740 1,866,048 Bair} 666,095 1,284,086 43,288 +++ 122,409 Beoc,326,645 Dec. 82,883 Dec.163,184 The aggregate quaatity of the same articles left at tidewater from the commencement of naviga- tion to the 14th of June, inclusive, during the years 1863 avd 1855, was as follows:— Wheat, bu. Corn, bu. 864,485 362,411 566,095 1,284,065 874,828 Dec.308,800 Inc.931,654 Dec. ..89,260 By reducing the wheat to flour, the quantity of the latter left at tidewater this year, compared with the corresp nding period of last year, shows & Barley, bu. decrease of 187,628 barrels of flour. Stock E: ereeent, Jane 19, 186. $50000 8 6's, 67... 116% 50shs N'Y Com RR. 90: 10000 0'0 6's, 460.exi 209 do..,..880 09 3000 Tenn 6s, 100 +083 - 09; 11000 Virginia 6’ 100 530 00 8000 Misrourt 6’ 97% 300 abene Topiet'a 8% i00 30 100 +5 ad 3000 Califor i's, "10 01% 12000 Ind State Fives 1000 Harlem letMBe 1000 Harlem 24 MBs Be . . 5 Stonington RR.. 60 q MBs 92 © 20R’e Water'n RE. TL 6000 Hud Riv 3dMBs 763% 1036 Erie RR. . oe 80000 I Cen RR Bada, 823% 200 do. be DBO do tore H do. we de. foe de bese a tied do. 60%g ‘Ba ing ry 4000 NY Cen 7s... do. bose 10 sha Ocean Bank. do 90 26 Obio L&TrustCo. do sexe 60 Broad do 1 oc 8 do, oe “3 a 5 gar ae ig OMS. & N. Ia. RR ler 100 do. +» 101% 140 M, 8.&: Con. 100 100 Panama RR..b15 103 100 do.. | 1 08 60 Lit. Miami 108 10 Clev &Pitta’ $6 ) Ceehe 100 Bruns City 1a Co | 43 600 Gard Gold Mine. 134 t0 New Greed Cl Co. 254 do 10 Clev& Tolede RE 50 do. 60 66 4 J 120 do. f 10 Cin H. &D. RR,, 74, 106 Mich. Com. RR,, 11 26 Chic’okR.LRRDS 96 BBCI $80000 Ind StateFives 8&5 15000 Tl Cen RR Bas 83 £000 do. 83, BOARD. 20 whs Gal & ChicRR 1083¢ 20 do, sven 100 26 Chie& RisIRR.b30 650 Hudson River RR Cum Coal Lt 6 75 91% 200 sis Canton Co.83 26% 100 N ¥ Central RR. 160% 200° do. 100 CITY TRADZ REPOAT., Tusspay, June 19—6 P. M. Asres.— Small eales pote were made at 6c. and pearls at 6c. Buradsturrs.—Flour—The ssles embraced about 8,008 ding common to good State, at $3 75 do. t $9 a $9 16, sad Canadian a Genenee. 1,000 @ 1,200 bbls) were, sold at $10 a $11. ern was easier. Sales 900 2 1,000 bbis. at $10 62 w $11 25 for common to , $11 87 @ $12 for fai and extra. Rye flour—200 a 300 bbls. were at $8 ry Cora meal was nominal at $5 068 Jersey. Wheat—There was more doing, and the market ‘wae rather firmer; 3,000 bushels prime white Comadiam sold at $2 50, and 8,000 do. Upper Lake at $206. R; wae steady, with small sales at $175. Corn wasin re duced supply, and the market firmer, whi sales. The transactions embraced about 25, Dushels Western mixed at $18 $102. No or yellow were eCcrm aie valea braced 100 bags _ om) at ¢. and 106 to 200 mate Java, at 143¢0. wai mtn ry TON ==" better feeling in the sales footed up about 3,