The New York Herald Newspaper, July 25, 1855, Page 3

NE en COLLEGE COMMENCEMENTS. ‘THE FREE ACADEMY COMMENCEMEN ¥. ‘EXERCISES OF TH DAY--SPEBCHKS, GRADUATES, BTO. The annual commencement of this idstitution came off 5esterdsy, in Niblo's Saloon, on Broad way, ‘The weather in the morning was uafavorable, tas ekies locking dark with cloads a:d fuil of threats ot rain; bat notwithstanding ali this, Niblo’s, at the hour for the commencement of the exercises, at 10 0’clock, wos crowded to its dome by the beauty aud gentility of New York. The ‘pretty girls” that had come out to hear the “young gents,” and to send . them bouquets, were very numerous, and were deck- ed off in all that was brilliant or iavitirg in the world of fashion. The parquette was jammed, the ‘Gret circle was as plethoric with female lovéline:s as the parquette; the upper circle equa'led eitker, andthe bicad promenade of the theatre had ao ‘room for any eddition to its “ b-auties.” Boon after 10 o'clock the « ademic processiga, comprising the professors, membera of the Board of \Hduoation, invited guests, ard the gradnating class. entered the house and took their sea‘a upon the @ege. Then followed a portion of the overture to “William Tei,” well played bi Dodworth’s baad, after which Mr. Neison, Presidezt of the Board of ‘Education, announced tht the exerciaes of the day would commence with prayer, by the Rev. Mr Singer, ‘The reverend gentleman a2cordingly cellvered an appropriate prayer, after which Dr. Webster, Preal. Cent of the Free Academy, announced as the firgt exercise by the gradating class, the “ Sslutatory |- Address,” by Lewis CO. Bayley. fais young gentle men took for his theme “The Memory of ths Good.” Tre delivery of this atdress was very ex- cellent, and its matter, as well as the manner of iss recitation, was gererally praised. Taiz young o:a- tor, at the ocnciasion of his effurt, was handsomely rewarded with bouquets from ihe hards of his fair fiends, Music foilcwed, the band playing the “Oak Wreath Waltz,” during whicn performance the young “‘ beiles'’ were busily e: gaged among them- selves in canvassing the merits of tne last speaker. ‘The next adsrese wae entitled “ The Progress of the Anglo Saxon Race,” delivered by Francis A. Mason. This address was ove:fl» zing with the en- thusiasm of Young America, and tne manner of is ey Aadny in Keeping with its spirit and toze. ‘When Mr, Mason en his remacks, he, also, like the young gentleman before bim, was rewarded with more Douquets than he could carry off tue ef ere, agair, the band came in to change the exercises, which they did b; playing selections from “Il Trovatore” ard “ 4) Gitana. Next oame an oration upon tha theme “Spirit of the Age,’ by Mr. Luis Fernandez. This yoarg gentieman, like his predecessor, was full of ace and grand predictions for tse future, of oar “gl2- ions country.” With the ladies this youog man was decide Jt is but juss to say, che spoke welland with gcod effs:t, showing that he really and some genius in him; and in addition to all this, he had such a nice carly head of hair that all the yo ladies a} once be ame extrava- gent in their edmiration of him. Moxe than one dear creature” caid “he was » love ot a man,” and resolved upcn an Introduction; but all this praise of the hour is robbed of ita awesta by tu reflection thatto-morrow it may gl>w more bright- Jy for some one else. Mr. Fernand:z got say num ber of Reuaans, ag he deserved. Music intervening betwean each, the other ora tions were as follows:—“Human Sympathy,” b' Dayton W. Searle, a very good Productieo, an short: @ merit that is rare ia orations at college commencements. It was well pus together, and the author went off the ataza with as much Cause of being proud of his effort as any of hia competi- tors. The next, ‘‘Impulsiveness of Modern Progrex,” by George J. Greenfield, well written and well de: livered, suggesting that the autnor has in him much of the qualities and ca aciiiea of the orator. ‘He got his share of bouquets. A dissertation upon the constitution of the Unitsd States, by E. Dwight,Churcn, This was a rather heavy subject to Great about; one which has ia times pest exercised the highest powers of a Story, and in some wstan:es pozzied a Webster; but our orator of yevterday had no cifficulty whatever in getting along with it. H» recited an essay that would pass where as & very fur prodaction. Upon such a subject much could not have been ex- pected. Considering the youth of the author, hl effurt was a great compliment to his abtlicies. This young gentlemsn was not neglected by the ladies ‘when it came time to ‘heave on” the flowers. Osation, “Events of a Moment,” by Charles S. Wightman, which was very weil delivered and re ceived by the audience favor. Disserta ‘ion on “The Luxary of the Times,” by Warren #7. Kimball, which dis; au ecmomical tarn of mixd ou the part of the author, and to eneivating loxury. 0 in the language of in the acatence, long Bit tion was well di aed. and theme, but was well handled b; See ee rabid with bouquets whea he hed concluded. Now reaver Se gentation of medals ard prizes to the re pce which wore ae follows, pri ipienta by Professor Webster. were assigced to the follow- bs ee ..Wo.H Abel, 8. pues, # © Pell” ge conduct was awarced to A. McMullen; the “ Burr” for mathematics t> Wm. H. Ab»J, and the “ Crom- ee for history aad belles lettres to R. A. ign. ‘The degree of Bachelor of Arts was then conferred Wm. Menzies Adame, Alwin A. Alvord, Lewis C. Bayles, Domai Soar, baries Hog Macfarlane, Jr., Francis A. Mason, ¢ thas in the history cf the Free Academy—the collage of the people. RUTGERS COLLEGE COMMENCEMENT. Rotosne Couiecs. Naw Baunswick, Jaly 23, 1855. } A Return to Alma Mater—Visit to the Haile of the Professors— Commencement Morning--Baccalaw reate Address—The President's Opinion on Sla very and Intemperance. Nearly ten years have passed sway since I left the walls ot my alma mater—Ratgers Coliege—a name the mere moation of which brings to mind many ‘happy recollections of svadent life. Time hes pro- duced no apparent change upn its outward wails of red sandstone. Within we feel at home. The old atone stairway has been worn deeper by the daily ‘tramp of the students to the lecture rooms, where, urder the guidance of its able and gentlemanly pro- femsors, the vigorous and energetic mind of youth hes been led into the depths of science, and has drank deop)y at the sparkling fountains of litersry As lentered the reom of Professor Strong, my eye, wandering around, soon rested upon the black- doard, and immediately its chalky surface seemed to be filled with peculiar little lines, parallels, angies, circles, chords, 4c, The axioms and thoerems of ge. omoetry, Its planes, solids and spheres were before ms; conle sections, and the differential and integral calculus, with its algebraical characters, were ai orritten out. ‘waathematicel precision, and truth was im the resglt. We might Lave (magiced the | ado; tation woethy professor smiling at the success of our ao: lations; but reality broaght its reflectionss, and our imaginary dreams were dispelled by ona eweep of the cloth, which left the board a blank. We etepped Into the room of Professo: Praudfit — Herodotus and Homer, Piato and Demosthenes eprirg to temporary existen:s. Ia eviry line of Greek there seemed to be a new significance, and the expiszations of the worthy Professor came to mind with twofold clearness. After visiting Professor Vau Vraukeu’s room, where the evidences of Christianity had bsea tho- roughly impreesed upsn my mind, 1 eatered the President's rocm, where the Hon. Theodore Freling- hnyeen leads onward and upward tho mind of “young America’ to that noble purealt of every citizen, ajknowledge of the iaternations! aud con- stitutional law of this our happy land. The room of Dr. Beck, the chemist, the botania’, the kind Profeca:r and the true gentleman, was 055 entered; nor that of the venerable aad highly ea- teemed Reverend Dr. Cannon, both of whom aro now wrapped in the dark mysiery of the grave, A grest improyement is in contempiation here in connection witi College, namely, tuat of eract- ing o ccmmodicue hall for the convenisa’s of tae students in the department of theclogy; thereby giving thema comfortable, pleasant, and happy home, where, niited by sympathy and association, they may pursue their etudies without necessarily encountering the ca:es, allurements and deceitful: ness of the world. It is to be hoped that those interested in the welfare of that institution will spare no pains and witrhold no efforts or money to procure the erecticn of a ball udavted to the wants of the students, in a atyle commensurate to the importance of tho work, and an ornament t) adocn the beautitul and honored grounds cf tuls abode of ecience and truth. To Gey, at half past eleven A.M, in the College tr) ‘peu fore an audiences graced with the ‘ besn- tiful and lovely,” after the reading of a oart of tue 28th chapter ‘of Genesis, the sioging of a pealm, and aa excelient prayer appropriate to the cccasion, by the Reverend Dr. Ludlow, the President, Hon. Theodore Frelirghuyeen, delivered the Baccaiaureate ad:rees to the senior Claes, n97 grasuativg. After alluding to the occasion ove or the pauses in cur pilgrimage to awaken courage reflection, he apoke of the past thas: while in one serse the past is gon® irracoverabiy, et it lives in a precions relation to bleas you. Lika the light to the tempest toesed mariner, the past is still near, as a beacon, and you may tara to tts records for the warnings that spring fron disappointed hopes, the tears of broken pur.vosts, and the bitter groans of regret and remorea that eometimes linger on the ear of the faithful | Memory. He apoke of the range of Influence to be exerted on public occasione—When mases are brought together, you can the more readily and powerfully enlist tke sympathies of tne mauy, and better direct them to lasting avd happy results. So at the early dates of our own uistory, the sages of the revolution waked up the energies and kindled the fires of American patriotism. Much, however, rematasd tor the silent, uupretending power of an upright example and a holy convarsation—an {oflasn:e ot heard, but felt.” Animated by the bright promise that gilds the futuze, be urged them to stand up for aud truth and purity, with the face eet like a flint, and the heart baptized at the fountaia which flows fail and clear near the Tarone. He sluded to the many subjexts of public con- } cern that would otten arise, and referred to a rew of them, The first, said he, regards our prospects a3 a free people. We are free ost as the sir of onr mountains, with “liberty according to law.” Here is the boast, end the § ‘A and tho stability, also, cf American libsrty. It should never be forgotten. It should be a housshold word, taught in the nur sry, and vincicated there it nesds be, and it should be inculcated avd epfcr.ed by your example and influence wherever you come in contact win public opinion, or have the opportuaity to mould it, Hora We are tree ~ free to do right, but met by the terrors cf law when we would do wrong. able President farther said — Another matter | of very ar xious import inits relatiors to our wal- | fere a8 a ration, will hive a share in your conern. Domestic slavery has beea for many years a fruitfal theme for msra! and politica! discussion, avd is now orsuming @ graver aspect, that often alarms even the most trarquil. It is nos an original question. We cannot disoose of it as @ mera abstraction. When the conttitution of the United S’ates was ua: deradvisement, by the law of nations a slave es coping toa fice country became fres. The slave dir g States were unvilliog to form @ union up- ot that international law between in — States. Soey peopoaes to the free States, you wish to unite with us, and thas torm one people in closer bends than by the general law of Dations, then this law of the jive clave muat be 20 modified that we shall have the sams right to re- claim in your Stato that we now have in aay coun- ty of curown State. Oar fc to this modification, an 4 the thirteen colonies unanim: 1d it; and they left slavery a domestic ineti- in all the Btates where it existed. This is the true political state of the question, and there- fore we cannot disturbit. As a great and moral so- cial evil, it is opén to free consideration snd deba’a, as are ail other matters pertainicg to moral daty. we we agreed to leave it where fo it, aud that was with the elave-bol Btates, with all its responmbilities. eu! invckes afreeh the cherished and fraternal feelings tbat formed the Avierican constitu: tion, which has so long and so iilustriously shown how much of human wisdom aod forecast, and how much more of Divine benigtity crowned this frst great experiment of # free aud eelf-governed People. MayJjt be perpetual! may no rash hand mar its glory, or dare disturb its foundations, Should pot almost Sey yest prosperous freedom plead for our Union? &€., dc. We have not time or space t> follow the worthy President througacut the whole of his able address. The evils of intemperance were briefly ee forth, ard after a few eloquent aopeals in behaif of virtue, benor, relig‘on, &c., he bade the class fare weil. The address throughout was listened to with marked attention by every person present, and as tar aa I have learned, gave fuil satisfaction. i lors. YALE COLLEGE COMMENCEMENT. ‘Te atnual commencement ot Yale College takes place this week. ‘Candidates for adm‘esion tothe | next clats will be examined on Monday aud Tues- day, 234 ond 24th. mn pe pod and benef verticn of all the chapters of the Psi Upsilon Fia- ternity. Literary exercises on Cueaday evenicg. Pom by Wm. H. Barleigh, Esq., Aloany, N. Y. Oration by Rev. Horace James, Worcsater, Mana, Aleo, on the same evening, Corcio ad Rev. 5. W. S. Dutton, of Ne# Haven. On the foilow'ng morning toe Alumti will bold bef og meeting benesth the tent, between 8 and LI o’dlock, Cleram, by | was in the bay; there is to bea coa: | Wednesday afternoon the annual meeting of the | Liconian and Brothers societies will be heid in the new halle—both of which have been recently far- niehi din a very elegact and substantial manner. Wednesday evericg the oration before the Phi Beta Keppa Society will be pronounced by Prof. F. D. Huntirgtoo, Harvard University, after which the various clamses and societies will partake of their oon eores the class of 1862, at the New Ha- — 3 the Psi Upsilon Fraternity at the Ton- ry The exercises of the ing clase will take Jace at the Centre on Thareday, Tae vale- ictory bas been awarded to Jobn C. Tedd, of Pitts- field, Mass. Music by Dodworth’s Band.— New Ha- ven Palladium. Cuaaiesron, 8. C , Grain Manxet —Our market this season present the i g E | peized the Mi NEW YORK HERALD, WEDNESDAY, JULY 25, 1855, ; ‘The Case of the Fiilbuster k in 2 Bark Wagnoita, BBCOND Dar, {From the Mctite Advertieer, July 18.) ty Arminanrt?.—Befors the Hon. Joba Gayle, United States Judge—-M. D. Ealava ewora—I om acting Vice Cores! of the Spanish government; buow cf the existence of a political orgsaization tc Cvertorow the Spsuish goverament in the istand of Cube, ard revointior izing that goverrment. Crost-oxsmtned—Tce organization, I thiak, hase oe ‘ ie not en open pssociaiion, but ons of con- ratory, Crazies Harria aworn—I was second mate of the Magcciis; ebipped at New York for Barbadoes; the veesel cid ect go in tha direction of Barbadoes; she went aav ore at Key Weet; apoke to tte mate several times about her guing cut of her course; shipped forthe Mary Avn; were fifteen or sixteen days going f1cm New York to the piace where we weat gabcre; tho wreckers got us off acd took as to Key West; while on the reef, the mate wid me if the wreckers asked wnat the cargo was, I ebcaid eay it was provisions and mschinery, ecd I tela them £0; when we diaci the cargo om tbo bark Amelia, found i o of gans, clcthing, and ore large gun weighing about shree tors, txts, tent poles, carts. ‘m clothing, sho- vele,and r fles opeving at the breech; on the voyage sw the ecpercszgo wore a military jscket, with navy butte o8; saw mary secret consultations be}ween the captain azd eupercar; after reaching St. Jowp 1s the mea complsixed.- asked why be did not take him to the Went Indira, had contracted to do; be cepteia toid him he akip to go where he was, anj orcerd him to go to work; while at St. Jo atpbs the supercargo went to New Orlzans; he a'so went @shore ut Le eg ou his return from cas of those tripe. Heard tae mate ssy there waa 2.000 cr 3,000 men reedy to go upon the expedition; nothirg was ta ked of bat Cabs; understood ateam- cr Mase:chusetia, and then the United Sta‘es, was © ming fcronz cargo; the bark Amsiis was at Sc. Jceepbs — we arzived there; she waa half loaded; tHe appearance of a vessel half loaded ia like oxe deeply ballacted; the captains of the Ame iia and Magnolia were flrirg mark - used rifles; hes:d jhem eer" while ficingat mark, that thoss rfies would any Cuban; the crews of the two weasels bald couau!tations together about derounci; the expedition whea the Ametia got to Apalsshic2te, batit wos defeated by the mate; in the conversa tiots among be ar they believed an attack was contempiared ‘un Cobra; the two vesreis—toe Ameiia end Magnolis—were lashed together, and while co lashed 8 aurveying schooner.came ia sight, ard they then stopped sbifs carg, put the batches down, and went to weabing the cecks, t.e captains, on the appearance of the achooner, seemed to be els:med. Cress ¢xamined--Mr. Walsh shippad me; did not tee Captain Marsten before going on beard; was sbipped for the Mary Avn; went on board the Mognoiia the Sth of Marc); I kept no log; the _ ae me eae Sfp mre on her course for zbsdote; an English brig spoke us on our voyage; the captain answered her that he was boeed sé Mebile; my psy was $25 a month; auipped for the voyage cut and back; there were two guns in the cargo, about twelve feet long; heard captain and eupercargo often talking; it is usual on eve: voyege tor captain and eupercargo to be mucl tegetber; the mate told me taere were several huc- dred riflemen in Kentucky, all ready; the mate aaid the steamers Maseachusctts and United States were expected; it was abcut haif-past 4 in the afternoon when the eutveying achconer ceme in; the sbips ccntisued Jashed together while the schooner e captain of tie Amelia while in the hold of the Magnolia remarked, that the rfle would killa Coban; the csptain of the Magnolia never spoke to me about Cabs; the ceptain of the Amelia asked amé of the crew if they would go with him to Cuba; have had no con- versation hers stout the sere with amy one, ex- cept to eay on what vessel I came; never had aay ccaversaiicn with the Districs Attorney about the ese; Iesid toMr. Oskamith thst I’d make my wegts outof this case; told himsoon 16th June; appiied to Mr. Requisr to libel the vessel in order to et my wages; heve pever got my wages; did not stip for the port they carmed me to; shipped on Saturday, and Money early went on board; askea the 1ame of tiie versel and was toid it waa the Mary Arn. General W. Smith recalie¢d—When the Enily Keith entered, in consequence cf some suspicious circumstances, spoke to the gore about discaarg ing his cargo; heesid the coal wea for some steam- sbips; he (tse captain) did no: know whi about the cemurruge; be answered careieasly, that | wruld ail be eettied, and before the vessel sailed ii said tbat was all rig! Charles Shree ve, 8s0:n—Waa p esent when Mr. Gasque'cok ths logs from the captain of tha Mag- ntlia; be resisted him; had them them under his a8 sisndirg up; refused to give them up, ani . G. jerked them from bim. Richard Steed, eworn—Was one of the Magnolia’s crew; ahipped for Bt. Mary's, Porto Rico, on the 4th March; ihe vearel did not take that direction, bot steered for the Hole-in-the-Wa'l; complained to the captain of this; when we got into St. Josep i's I vould not turn in to duty; the mate said I could nct ke'p myeelf, and had better submit, ‘The vessel was lashed to the Amelia when trans- ferring cargo to that veseel; confirms the tes- timery of es Harris as to the surveying schconer, ‘ep hon as a Sead Mr teasea the ot a, to dencurce the expedition; é crew cur ccrdition to the Collector of Apalachi cela, so that we might be zeacued from oar situa tion: states the rstare cf the cargo, as teatified to by other witnesees. Mr. Baily, ia order to ae enn pina eal admit y were expect! rv atsu JScne and thst taere were military stores on L Mcrrison s¥orn— Between St. Joseph's bay | and s le there is only St. Ardrew’s bay sud Pon- #acola. C.oss-exsmired—I took charge >f the Magnolia; have been ail over her deck and cabin; not in her hold; sbe isa berk, of between three ard four hua- cred tons; appears to be # staunch vessel; nothing unosval in her fittings out; cot mach room on her Gecks; no place cn her to have mounted a gun; the Magnolia hed nore of the characteristics of a cruiser. | ir. Requier bere conceded that the Magnolis was on'y a tranep xt ship, and not intended to cruise. Examination resumed--Wiinegs exp'sins many al- terstions that would be necessary to fit the Meg- | nojia for an armed fighting vessel; she would needa | crew of 150 to 200 men; 10,000 gallons of water | weuld have been needed; cutissses and boarding pikes aso, The exemination cf the witness here | was cesigred ‘0 show that the cergo of the Magaolis cculé rot have been intended for ber armament or ) equipment. i Capt. D. Ottinger sworn —As to the capac'ty ot the steamships St. Lawrence and United States to carry men, for a short passage of four or five deys, they ccnidteke on board 1,200 or 1,500 men each: the speed of the United States and St. Lawrence is very gieat; the United States tun from Havens to New an in four and » half Gaye, think; the United Stata could readily be converted into an efficient privateer; she could earry guns 12 feet lorg, and weighing three tors; [ reported the Emily | Kuidh; che bad been in the bey for two weeks betore | weexsmiced her: the susp!ious circamstance of | her having coal on board for an expected steamer, enc acme otuer circumstances, caused me to report ber to the Collector; the steamer, with great factli- thes for the work, cculd be converted into a privateer in tee dese. Cross ¢xam'nation—The glterations could be core withont beirg in port, if the carpenters in enficiemt namber were on board; the Keith lay on the eastern oxtiemwity of the lower fleet; when I nolia, the captain yielced bis clear- Mognolis is only fitted fora freigbting veesel. i teutified as to what would be necessary to make her armed sbip. By the Coort—I arrested the Magnolia in the bay ‘obile. District Attorney here cont the testimony presen! Mr. yy, for the claimants, then moved to etce reluctantly; tbe strike the reme of 8, Oskamith from the libel, on that bad been adduced to show tbat hed been € in furnishing the M jis, ard Om heh w that Mr. Oakemitb had 20 tterest ‘vessel or cargo. j H.C. J. Hoesky pire Mr. A. Onkemith’s boo! ; Mr, 8. Oakamith has no ownerabip of the vessel; Mr. A. Oskamith is the sole owzer of (the vessel and cargo. Crcanexamined— The cargo was York with the fands ot Mr. A. Oakamitb; all oer pad for in cash; don’t remember what the ocat, Mr. does a ‘at “*Pfamined in chiet— Mr Oukanith ase cargo, ¢xcept what I learned from my letter of ta- @tvetione, % Mr, Bailey exbibite the 6irppieg and Commercial List, a cewspaper pabilabed ia Now York, te show that the Msgzoils cared for Florida. Capt. —— Moretoa swora for defeadants—Have co intercet in the vessel or cargo of the Magralis; am her captain; received icatructions from Mr. Osx: emith. Witcees detalia the voyage to Bt. Joseph. Boipped on boerd the Megnolia, not the Mary Aca; held no eecret covrurtations with Mr. Osksmith or board; bad no ideaof going to Cubs; would not tat if I bad been gent; bad no ides of on- gepitg in @ beetile excedition against Cuda; sew 10 re tt Br men at St. Josepb; there were £0 provisions weal the veacel was cleared by a broker tn New o By the Court—Cleared for St. Marz, my papers sbowrc that, bat lest them; den’: Rate aurtuing ebcat sipring to Barbadoee; ths ebippicg articies read that we were to go toport or portsin tha West Incite; didn’t know contents of cargo whec 1 lett New Yor’; the letter cf instractions was ¢o {a- form me on that point afterwards. z one Bates read the letter cf instractisns to the praia. —— Wo'f awcrn— Have been shipping master for some j€a7a ic ‘cls olty; it is usual to ehip aailors for Ore vesrel ord tracater them to another. By Mr. Requier—D» yeu ay that in ahioweg sallors is ia vena! to violate the isws cf she United Btetes? Aaewe: Asjour: ¢ FINANCIAL AND COMMERCIAL, ree ei, is ia. MONARY MARKET, ‘Torspay, Jn'p 4-6 PM ‘The stock market cpened this morning dali aud fist, “Ihe texdeccy of prices thr. oghont was dows- ward, ard at the cicao sha feeling was heevy, At the first b Indisza 6'a fell off 4 per cent; Ohio 6's, }; Evie Railrced, }; Reading Railroad, 4; Cleve- Jazd ord Tcledo Reilzoad, }; Chicago aud Rock Is'ord, 4; Harlem, j. There wae uo movement of importance in apy clasa of wecurities: and the indi cathos ofa gradual redaction in prices for gtccks, Giteral'y ere daily becoming atrozgar. The baak tatexent, published thia morning, ia not at oll eatisfactory, ard has created a grest deal of appre bension amceg heidera of stocks. Wita a live of @isscanta of nore ‘hsm ninety-nine mildon dollace, upen a specis basis of leas than sixteen millions, aud @ rapidly dec:casirg smourt of depoaita, is a state Of tLirgsthat msy well startle the timid capitalist end make large holders of stocks tremble, We do not Jock fora: y sudden collapse ia the stock markst, There is ro immediate spprebensicn of a ppnic. The morty merket qill gradually but ateadily tighten, ard siccks will slowly settle down to Jower prices. As holders of stocks ficd bet- ter use for the cspital invested in other pursuits, as business improves, and mercantile credit ex pands, weshal, fird the supply of atccks prossicg for ate daily ircreaaing, until the market becomes turfeied. The beara are now the principal buyers, but they only purchase to falfil contracta mide with certain sanguine individuals, who labored under the impression, whea prices were two and three per cent above current rates, that a still higher point was within reach, and a0 bought en speculation fore rive. As @ general thing these apeculators ere seldom able to hold stocks for any leagth of time; they buy priccipally cu timo at thelr own op tion, acd #& econ a3a delivery ts made, partica- larly if it is below cost, the stock is suld to pay Giflerences, The position of the b%aks is not at ull encouraging to toléeraof stocks, There is every probability of demand loans bsing called fa wad- deply come day, A callof this kina to any oxtout | ¢ would make the featters fly among some of the ducks, and frigaten the rest cf the flock consider- ably, The banks arg very ancertain things to desl with. The brokers have heretofore found them 6» to thelr cout. Io twenty four hours the bsoks oso Fut down stocks ten par cent, but it is beyord their powtr to pat them up ore above current ra‘es. it is well known that the presidents of scme of the largest banka in Wall etreet are ‘uveterats speculators [a stoke; sed when the proper time arrives, they sal! out. As socn as they haye dore 30, s'tura ortwo i mace in the screws and ai! at once the market tightens up. These bank presidents play » beauti- ful game, tcr it is always a succesefal one. Toe Mae of back leans has already reached fearful emoont, ia the face of which stocks are gradcaily receding. The banks heve very little power fo good, but they bave an immezse deal for evil. Sto:k speculators who place themselves in the power ef these institutions are entitled to no sympathy, if at apy timethey should be completely skinned. A coliapse is as sure to come as the rising cf the sua, and the banks which have daring the past six months been fostering and encouraz- {ng epeculation in stocks in acy way will be the first to turn upon those who have taken their monty upon the most earnest solicitations, whea it was dificult to make loans on the lowest terms, and compe! them to pay ap at five minutes notie. They will nct orly do this, but will for the tims repudiate avery man in the mercantile commun'ty who has speculated in stocks, or who kas bypothecated them forany purpore. When banks have moncy to lend on stocks they aze very civil and polite to bor. sewers, Presidents and cashiers are running about Wall streetamong the brokers begging them to take money on almost any terms. Unfortunstely they find plenty of specu ators who are stacy time ready to take a flyer ortwo in the market and many fla’ cus tomers. When there is a Cemand for mcuey mercantile cleeses, the brokers have a Sard ¢! it. They are cashiers who a few weeks previons were so very gracious. Loors co stocks are cailed in at the shorts at potice, rometimes ata late hour ta the isy, aud the brokers are frequentiy compelled to real st ruinous eactifices to pay op. This game das been played by the Wall street bauks Cozens upon Gozera ot times, pod will b4 played as often again. | is to po.tteiy urged tebly caught. We are cb» another actin the same pla: who will figrie prom'nex' tyros, but adepts in the busiceas, Alter the adjournment of the board ths following | ealea of bonds and sticks were made ot scoticn by Simeon Draper :— 96,060 Ficabieg Ty 10,000 Evanari 6,000 Obio end Min 6,00) Sncramento City 860 sbares Grocers’ Bteem Sugar 20 do Marvet Fire loa, © 16 do Common’ % do Common ad the peor depes the stage ar Paid on Treasury acess. rented very cavallerly by the very | ur Receives do pea . | OMe on Baance “eo 2,199,128 40 Paid for Assay Office 5,086 49 Paid om dlaburaing cs 120,012 & ‘The warrente entered at the Tressury Depart ment, Waabizgtor,cn the 2ist inst. were as fol lowes — For the Treasory Department For the Interior Depervmen'.. For the Customs Wor warrants om nace spe oe Topps ion or Gener. Pepayi om account of the nav, Covered ia misceJactous so Covered in from custome, Covered la {row iands., ‘The committes sppointed at the late meeting of the bondholders of the Mansfield ard Sandosky, and Beadushy, Maaefield and Newark, and Colam- bes sad Leake Erie railroed companies, have pre. pared the agreement to be signed by the iiiferent interests, which can be found at the office of ET: H. Gibson, No. 33 Pearl street. ‘The Greenwich Insurance Company hare deciare! Gertal annual dividend of tec per cent, the | cat ber Masafactasers’ Bank, o semiancual divider i of Ave per cent; the Broadway lascrance Company, « embannaal tivideed of five per cent ‘The following tabie ahows tae quantity of som ef the principal articles of prodace left at tide water fir @ the cogs comes) of anvigneem Ue tae 214 of SIT 61a 6 July, inciamve, Gazing the gears 1353, 35 daya; 1854, | oarerance 75 dave, acd 1356, 75 daye:— so Reourts ov Paopucs 4 1883. a t cea be coasalt- both countries, tore is an incall bia Lad ay oD viable eu i= favor of New Grarada, both ia point of cuanty nok | quality of goid. yw Granada (avery tar superior to Califorma a talubrity of climate, The laboring man, i an item Apri 1,040, x“ 109 vo recticaa Bot be more thas ome- always mast be, in California % ich, to the already somi-advenced Aculturs, now existing in of the climate; tenth of This is o state of 2222 36/216,189 Tats ‘The Waterford returca act received. [6 would probably izcrease ths figzres on flour, wheat snd oern, bat not material7 changs tae figures on other articles | ‘The quactity of flour, wheat, cora and barley loft | af tide weter during the third week ia Jaly, ia the | vetions of geaerasie true). He could got tax thi a4 intelectual } “4 yeare 1854 end 1855, was as follows: — } maind, The geldesrmcteas aan haha ieee ae bia, Wheat, bu. Corn, bu Barley, fs pr = "3 Ler of savage Indians, whUe on the 8 3 34,49 540,510 very bap) s of tho golsen ot ie Mies Et} hue | io abiteney of an ‘poten {New Granada le ow —a prople teught by v Ize 14,668 Dae. 82,751 Lee, 60,74 Doo, 1,150 ee ee, Se home toes Oe *, iy be . 0 ruling Saxon miad iv mong * ree} The aggtegate quantity of the camo articies left at | them quirtiy into order end ayetem.” ¥ proshow bow- tide water from the commencement of navigation | *¥%S Proves that thry are good inborers, whea blessed with such a disciplind—so ney a Col. Totten, Capt. Robém top, Major ears, ang others yi Oth. A heme can be found in Now Grana fornian, seperated from hi wif Idren behiz a“. rivers, what imit Kiely quickered by the glittering promise of apeady pea tabee ont of Cuttoran ln egi eerereat charactor, le 2 22d of July, inclusive, daring the years 1954 | 855, was 48 fo'lows:— W heat. bv 2,181,037 ie se. 162,689 Deo. 2,202, Te aggregate queatity of che same articios left at tide water fromthe commencement of cevige ton to the 22d of Ju'y, uusive, duriag the pears > ia? clataly the opening of foothold of tois American compavy ‘nly bleed tho eanal, and the pecmssend It will follow, be cause this enterprise i an American enterptiae, aad 4 with it what cannot be got y other ot orkd—the genius of @ free It will follow, : orl because our destiny is kmown, as a reliable fact, aed rogresa, with wa, 14 accompanied with not only freetems, at agriculture, the arts, tee «ciences, and all tae bless cing the wheat te flour, the quantity of * at tids water this year, oompared with m . “ jog of the Lighest c.vilization. It le enough to know, t diag period of last year, shows ade | wimply, that icaas are there. No reaction, ne re. Create of 403,238 berrels of flor treg: mo’ t clouds their history. Their adveace foot led by wepiration Im case our ‘The Tere Haute aad Indiens Reload Company have deciazed @ dividend of five per ceat, peyabie tothe Eastern stockholders at the Farmers’ Lowa ead Trust Compa: y cffice, ia thia sity. ‘The New Granada Cacai and Steam Navigation | toa. or Bove acfumed ove correct, what will the svest ot thia canal be worth? The passege money alone we caw extimate only by standing om the plor when the Califor cia atesmess leave om their outward bound trip, Btock Michangs, Company hae just been orgnaized under avery ilberal | gscco tnd Btate f’s,, 84 Lee NY bee eh ata charter, derived from the Legislatare of this State, | 100 Virginia 6's, 0755 oe rm oe cy 1th for tae purpose of navigaticg by astenm the river @hinneks un Magdaieca. The capital of the comosay is tro ‘ £0 do.... .b60 LOT 6600 Louin'e cr) g 78 Wia | Shore RR 11,000 Egle Ls of '83 25 do 6000 Erie ide of '76 7010 Hud RG M Bas 5600 do .. bao it bas the sole right of | 15000 11 CR Bde. peo 00 do milicos of dollars, The government % New (rans da have given the company & lesee for sixty yeara of the canal ccanectlog the Megdelems river with the port cf Carthagens, a 56 Davigating the cana! by steam, and levying tolls on | * °0 ys eS ie the passage of merchand'ze, Wo. It ie theinteation | 101CREBis.wp #4 10 oL } " tzu-t five ir. 5600 Freeland Bde. 68% 250 ot of the company to constza t five iron hia of | 2000N ¥ Contrel 6's an te tad about 200 feet in lergth, drawing about four feet | 20000. & Tol D Bde 84" 100 “ of water. Ore of the five is now nearly ready, “ ‘ oe $x ard vil leave for Casrthageua on or | aha Aw kach 0 00 shout the Ls: of August. The Magdaloza river can | OG lowe ira yt ong pd J be navigated by steamers of tls class t> Honda, « | 71 footimeatal Dy wh aerate bee distance of seven hundred miles lato the interior, | 140 Mich Gea BR Cr The eteswer cearly complet 4 is called the Henry | opr say bel Ss Wella, after the enterprising President of the com. | By 100 do. oy W ts r iis, F. & | 650 Cump Coal Co... 4 ‘200 69... boo 0 Ms. Wells ts of the fra of Wells, Fargo & re amines i “74 wee 68k f this city and San Francisco, and Livingston, | 106 Chic& RERR.. O48 , of Paria, and is well known in all 50 - to aS 2 civilized world as o0@ of our most ac | 2! 1} eae a ied \Ugent capitalists. He f¢ a men of moat | BOARD. \ 2 rhe Pao RM 900 106 whatever be OW L Shore it Rabe i 4. His posi VO CL & Tel RR yo fem head of this compaay, gua. oo 40....4..80 BOSS ncserindly MPOAy, GOB. | 00 she Hamp C % = ao won tartees ite complete success, and the world willbe | yroCumb 1 Co {16 Frio hR ol intebted to and his associates forthe opsatog = 1% 0... co “ ot cf on immcoge tertitory producing el! the most in. | 1? wns a ad Uy perteot stapled cf a topical regiou in great abaa- is } T. J. BPEWART AND ©O. TROL AR, ’ an ‘ New Youn, July 26, 1896 h has falez into the ponasasion of At the date of onr last respects of 11th ro hod Het this com. tinetytwo miles . The Bpa- tic, tte marker bad assumed « steadier aspect; the defiy tiapsactions up to the 10th inst. favored sellers, the eb government baye expended miliiozs of money nit, ard it car be placed in nnvigable order for | aema'leum. This company contemplates being In | active operation before the clowe of the present year, | ed ite uet earoirgs must be enormous from the | etact. Tas entire country drained by the Magdai: river wil! be commercially revolutionized by the | cperations of this company. lis oatural resources axe immense. Ite gold mines ave not surpansedin | richnees by those of California or Australia, aud its climate {a most delight!al. New Granade contains | & population of about thres millicns. Its products wenld increase repid!y as eoom as facilities were | provided {cr gettiog them to market. Cotten, rice, sugar, tcbacco, inila rubber, coffee, kc. Ac. are coliivated to a grest extent. It lo estimated that the trade of the valley of the Magdalene advance ip prices being fully ein that period, with oo ud forexport. Un the morming of (he 16th he Arago, fi i peaday, 18th, ®@ dertine of fully yd. ia the werk caused by tease ot Ras supplies at the ports from the rise jn the Nouthera rivers inducieg great caution on the part of spinners, who were buying lightly; aad although there was po are to sell, yet the quantity offering for bids was sufcieut to produce greet trrege. larity in prices, ard speculation for the moment had Gisappeared. Since these accounts have been received have found it dificult to make progress ta saise gets have demanced jge. decline. Home sales have eflected at ‘4c. of, at which the market would be lied by cousignees, The sales for the iret week were @ beg Od med nest tn Tid cad mean pu them at over 4, as no disposition ‘sevieced &, ry operate, ‘Those buyers marke a concession of i could be done, but h jecline as Consigness We ad row emcants to tw ooa of dollars | F quotations to sales nny ‘ ia that Soutbern streams continue down, ani there ace per anon “MA | nO indiewtions of crop exceeding 2,560,000 baie. @f wegice has aacu amountec ty several mil: | the im the interior w: dollars. The natives gather the miaeral | with tha greateat facility from the bottoms of the | rh 3 the t e b r opinions rivera, but they crlydoeo when req id by any Wes ay ji oflets nh gp thy recersity. With an emigration g Uke that | bie, but rot stronger, ae there hae for the past forta to Californias, the anneal gold product of New Gra been general complaints of too mach motel weather pre! the stalks, aod having wecenrary to came, Am Cpimon th us that the culture ore may, It is quite certain that ao pasties look pow for amy very je procuct for the br ~ Be The cereal crops are favorably spoken of in all the ! aa the goods lowed the course of ivlng in value, large consumption ts teem more flatter.ng than at present LIVERPOOL CL AMPUTATION nada would be much larger. { Toc New Grecada Cara! aad Steam Navigation Co , bave issued a pampalet, filled with most velasble picimatlon relative to the river Magia ona and ite u Tt la the maeat interesting bock we have ong \ime. Copita can be obtaiced at the , No.4 Wall street, and those in cc mamerce or navigation of the coun ot «pecd au hour or two more thao in @ careful pera ful examiantion of its The article on gold we extract not orly for the important fects it con- for the purpoxs jee Wey Wye CILY TRADE RRPORT. Tumpar, July HOP, Aruna — Pots were quiet at 66 Hexa cart 1%, —Fleur~The rom $10 812 60, Conehiom, bbir at 69 M2 a Bic, pone, ” a6lo we fer $e ieot“Socleune $10 (1a 811 & for fancy and extra, W haat-How wea active about 7,060 bushele Southern rea end iter elightly mined with rile, ot OL 16 tow 1,06 do. good red, at O10, one ct goed 4, and 1,100 40. Maryland new white, a8 firmer, but lene active the sales ombrnasd Western lee 0 vasbela 7 Gol at Ite @ qilet at Ue. 0 the. Corren—The salsa lecledet 300 7 uo ba pe, | lige. & 10Ke. alle, 16 oy on ieee bege sreaaive, a1 10Me8 ie - (orton —The salsa embraced ebout £08 V8 bees, of dollare per sauwm' When the mist the charact he will be eationed the market clon Lo ‘Were pot pressing New G thelr rupplire cn t 4 been ce orment for the | About 16,000 @ 18,008 bushels of oore ware god. They live ioe loxerious . ; the ambition | y is eald by those oF toe counity, thet whe a desire ig screatet io the breeste of the ia. he basis of the Rin Negro, Canta, Pores, od ctber golden streams, they resort to the river : other dimple \astramente bring ow py toes wants, aod alt ¢ o + Aled of Weber that protuces from thls vat | Sellars Apply 4 alee cy were the energy we bers chown tx the Ad nla, 96 woat would be the reeult” Whet must 9 weacts io tae sends of taose ped cn rover are th washiagy shelly t ban’ satutored inheb laste of Une coum. ns quiet, ore oy, whee conwiler ‘oat ter lator s the effect of Navat froman —A bout 3 bile , ber tha an intelleetus! purpose, what would order, were mld et Oe, & ‘i (rom tbl eousee by Northern : a at 05, und 000 bbls, PES Ne taongh the, sale | crac incintiog nee, moes_ot ac? Ce Yo @udoree tbe aseer- 0 bbe, ae 9 a r “ teere is on times 19 64, which was did for mere eed sofas. Now 208 ei ncu’h tat there th lat Caldersin, | 017i Sit 7s cot od mame 69010 Se. Boel wan eorsy. ola ow yg | with sales of 140 0 900 bbls. ot uschanged ere Reet from o littie bass sed meee bee! were vashaaged. Cx! mesto Fe ad the canal | were gust, at 1/6. 0 Ge. for shoulders, ond Oi¢. © 167. ver wamees (one of the ROW pearing for bass lard wes setive aed Orm, the caine embraced Y, Bend, no the Fiver to | about 0 0 3.600 Dba. ot 10 2. a his. 4 mew path of voce wee 6all, ané prices eqvenes ous DY tas satatied Menace of thats eonstey—ce | Srosas were fem sad agin, calee oxe @ ‘ear o be beart of every Amerieas. Wilnet the git, stest 2.060 hhés, chiety Cull mascorste, ot 3 ing invite! on egelm be sasweret, 06 i was ts the ceo! tic, WAR & ‘omal! quantity faacy, grime quail " Chere, 7 Se we pb oenge fe Sage ed Bo eadend ly agg r 4 ereurs atte | Tow w that eich we resetve! from theee? W | Waiver ~The saing ombrscnd sat 70 6 2 Vile, ¢ oe apie. & aah, wet, eer tem. “ "hee fF . Kevean, bide. Kowtnchy sold ot 0. 6 Lie 60 Oe OP oe De ote Totes Cube pt lo be.