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given by the boarders at G fi which wos pom en attended by the guests tte einer tels. ‘The costumes, wlth mavufactured principally by toeir wearers, would have done honor to & , by the nieety with which they were adapted to racters fepresented. Among the most conspicnous, both for besuty of dress end the manner in which they’ sustained their respective Parts, wore Miss L. Ae, of: Bridgeport, who repre- rented an Indian Queen, in a style becoming a native | Mins H. B——n, of your city, attired as a bride, was con- sidered by many the belle ‘ot the evening ; Miss F——), ns tho Mald of the Mist, well became the character, by her natural timidity; Miss M. B—, of New York, ‘as a Swiss Peasant, attracted all admiring -eyes; Miss F V—é, of New Vork,eas a Quakeress, sustained the beauty usually altributed to the young ladies of that sect; her cousiu, Mivs E. V——<, dressed in Pompadour style, waan worthy ‘ative of the Court of Louix xiv: Mics J. B——d, in a costume got up for the ooca- sion; and the Misses R——s, one as Night awd the oth as Morning, ati racied considerable attention ; Miss H—-t, of New York, though not in costume, was much admired: * Passing io he inarried ladies, Mrs. H—t, as La Fille : Mrs, K——d, as a Marchioness': and Mrs, cy dress, were in no way inferiwr to any Mr. J, D—h. of New York, a3 magician, ranked first, his dress being the best in the room, both fur completeness and careful attention to the minute of the character; Mr. F.K——a, in a dress 0° Charles 1. ; 1——e, in officer's dress, are th» only others worthy of attention—the remainder being at »: tired in the usnal varieties of sailors, jockies, ant th: other costumes which generally abound ou such occa- g t up till two in the morning. ant altog’ther the ulfvir was most agreeable to those who participated in it. . Should ass other occasion aguin call my per into use the remices oi Hiywirp shall not be forgotten WEST POINT. Cores Horne, Wrst Porxt, Sept. 7, 1866, The Way Toy Anwe themselves at West Point—Gen, Seat! among Oe Felt —T thease ant Theetricals, dv., he This mos{ sclighifnl of all summer retreats, was last ale the seene of gay and hilarious enjoyment. together a more elegant and re- we women of agrevable men. 'Tis x us to say that beauty reigned para- endom was in the ascendant. At eight o'clork, a large number of persons, consisting of the visiters trom the Upper Hotel, the residents of West Point, and the occupants of this house, were assembled in the magnificent drawing-room, for the purpose of wit- nessing a series of tableauz,"which were gotten up by a few enterprising and amiable individuals, whose whole object seems to be to devote themselves to the happiness and pleasure of those amongst them. It would be im- possible to portray in sufficiently glowing colors the ail- mirable representations with which we were delighted. Of a few of the most familiar to us, and which, in the crowd we were eile to see, we will make ¢light mention. We regretted that we were too late for the opening scene of “Chovy Chase;” but as we entered the room, ‘the exclamation of ‘beautiful!’ burst upon our ear, and if we can Judge of the wholo by the glance we caught of the lovely Miss W—s, aa the curtain fell, we would cl.cerfully respond, “beautiful indeed.” The characters were impersonated by Misses McB——y and Woight and Morning? created © grat sensation, th ; a if created great sensation, the each in her own peculiar style. "Miss K—y, with her blonde hair, was a fine representation of Avrora, while our cha: friend Miss Josephine H—d made, as she ever does, all bearta glad by the ex- juisite suitableness of her dress and the correctness of Ber personification of Night. A beautiful Juliet, too, in ‘two scenes was enacted by the same lady; and moat judi- ciously was her Romeo selected in the accomplished ba mh , who was in demand on many occasions. Anne Page did not lose her sweetness in the amiable face of the petite Miss W———s; and Lieutenant G——, as Slender, was the embodiment of the bard’s ebaracter, We trust our courteous and estimable host will not abuse us for ex him im tho sly corner of the tableaux, as figure No. 3; for capital as he was, his face is one we love to look uw and we cannot omit him. Much mirth was excit by apis with whom all are uversant—“Sparking,”” with the laughter’ loving Lientovant I——— as the rustic admirer, and the faseivating Miss McB. , of Boston, aw tho village Dello, driving with her arch and mis: chievous giauces, her lover to such a state of distraction, he seeks refuge in Apple Eating; ndma was most ad- miradly pictured by the amiable and. interesting Mrs, C——si tiiree chanzes of seone elicited shouts of laughter and great approbation, each being con<idered better than the 5 Miss M. C——, a3 Ophelia, was highly appreciated for her ladytike deportment, and the ex, lion of her chai face; contrasting withJthe noble form of Major P—r milet) gave decided tone to the picture. A Weigand ‘6 wife could not have been better illustrated than by Mrs. J-——n, and in her courageous protection of her heer she handled her carbine with a spirited and reso, jute air, : Joan of Arc, by Miss E-——h, could only be personated by the lady herself; the effect was startling, and the enthu- — &t the close of the third scene was as great as at 1e first. Miss Mc?'——y, like her sister, was eminently success- ful. As Rocahontas, she could not have failed to gain more than the gratitude of “him” (Lt, C——2), whose life she saved, and we are not sure her bright entreating es may not a lingering effect in ‘ Powhatan’s dew Hp pe beautiful living picture em of the eveving wasa beautiful living pictu of Conrad and Medora Sweet Susy M 3, lovely and fresh as the blush of morning, won the smile: and thanks of all for her modest, childlike and re- manvere. a waa beautifully repre- sented, and Conrad, by her unele, young H——1, add- od to the tableau. : 'e have not done justice to this brilliant affair, and of our leman frie we must pardon for not par- izing more; but time will allow us to expa- tiate, and ail wust be sacrificed to the shrine of the Jer sex. Many he are due to that amiable and ac- fodisious ‘amiles to the initiated, Gned coterie of « not extravagsat mount, apd py Hi this delightfa! place will come again, for its attractions company unexceptionable, the host himself too well | known not to be be daly appreciated. ASMODEUS. SARATOGA SPRINGS. Usrrep States Horst, Sept. 6, 1855. Summary of the Gey Season at Saratoga—A Lively Time After All. * the ugly predictions, Saratoga has achieved five thousand people, from all parts of the world, and em- bracing perhaps the most élite ever at this great summer resort, bave visited us during this year. Notwithstand- ing the sharp rebukes uttered by the extreme Southern party, that portion of the Union was never before better |. It has been a common observation that elegant and accomplished party from the South has been with us this year than ever before. Thi ia particu! the case with the ladies from that region, who for beauty of person, quiet manners, good breeding and it intelligence, are models of female character jan] iy the tone, the conversation— mark the man or the wo- of true distinction. Intellect has an immortal youth imperishable lustre and beauty of {is own. Never this faci better proved than by the society at Sara- oga this season, A large number of persons and familics vo been here from Cuba, from South America and Eu- pe. ‘Saratoga,’ said « Southern lady of distinction other day, “18 altogether international in its charac- (r—it belongs toall the world—it is devoted to humanity nd alihough we of the South despise your efforts to terfere with our institutions, we will not be driven way from this jelightful summer retreat.”’ closing scenes of the season, though more quiet, ave been conducted in better taste and have been alto- ore elegan' on any previens occasion of There has been a deal of flirting as usual. condemned very severely, expecially those who are blessed with little attention—but after it is only an expression of nature—an effort of the ws of our to enforce their own provisions—the civilities of Intercourse between the sexes, Perhaps nis ismory apparent bere than in many other places. tall eve: season has been very successful in — intimacies of the kind, the en whereof is not wily foretuid. THE VIRGINIA SULPHUR WATERS. Sarr Science Spmwvce, Va., Aug. 25, 1855. iption of a Fancy Dress Ball at the Salt Saphur—la Leresting to the Ladies. mridat a mullitude of other engagements I have lite- lly stolen « leisure moment just to give you a harried etch cf the fancy and dress ball which took place at \exe Springs on the evening of the 22d inst. It is nos ough to soy that it was admirably gotten up and that succeeded admirably, It could not, (considering all cumstances) have been got up, or have gone off y better. The following gentlemen were appointed to os senior managers:—Messrs. Samuel Dubose, Thos. hby, and Thos. Middleton of South Carolina; Thoma: Devercox of North Carolina; A. F, Vancourtlandt of nd Benjemin Jones and Dr. W. W. Wilkins uniot managers:—Messra, G. 8. Bedford o Vollier of Washington; Win. B. Randolph. Wickham, A. A. Chapman and N. Harrison §. Lucas, Joha Harleston, B. F. i t. K, 8. Bail, W. B. Willams and th Carolina; James Wright of \boma, and Pagh of Iousiana, Abont the how nine the orchestra (headed by M. Dollinger, that laplistied composer {as well a professor of ballroom bother musi¢,) commence! ite exhilirating discourse, in a short time thereafter both ballroom and par were crowded to their Cuil capacity to witness the grand at th sexes who appeare! in fancy Rae that meciber, bet \ not #ynonymo: ase propriate garbr iad well elected ehttag af rn compli hments much elegance ¢ ca.” Consplenous eimenget these wore Mrs. R—— and . W——, of &. C,, the former ns La Belle Comptome iilde, ely nttired in a court 4 of th © Pate, seted (ond was much adwired. Her ‘on, ber reenarkable dignity of deportment and vould love furni-he! no tydifferent sabject | M2e Guually striking. Young as she appears to be, 6 4 NEW YORK HERALD, MONDAY, 8 for a sintuary, or for the pencil of a Miss v—, of [—a, was the charmiug [sere Bi of style of Leauty, her alike face, hor oxquisite dress, her graccful abandon, hee gentleness both of man, Cpression, ber sylph’ movements sogether formed a atril mgr teyshed given him great pleasure to devour her, Miss ——, of » Was dresved in the style of Madame de Pompadour, and was a capital hit. Her fout ensomlte was ‘edmira- ble. Her coil vig articular, with a little more pow: woul have been positively perfect. Her manners, has the sung frotd of sensi , the charming impassi- bility of the Viscount Selpion, without his vices. She stags, flags, dances, rides. and even shoots, with equal sucess, Jn Short, she combines in # rare degree, some of the mas. culine qualities of Penthesilea with the splendid voice and softer attractions of Signora Truffi, Miss G——, ofS. O., ax “Maid of the Mist,’? was a great favorite with both sexes, and was evidently one of the belles of the evening. Mi Of Baltimore, assumed the character of a Gipsy Fortane Teller, an, tad- jet in hand, delivered her oracles in the true deiphie style, (that is, either in poetry or in prose,) to those who had tho courage or the curiosity to consult her, Her beautiful and shoulders did not detract from the ef. fect of the oracle, or from the interest and admiration w ich the Pythia herselfinspired. Her fair cousin Miss k——, looked atill fulrer, if possible, in the white veil and woriflcing habiliments of a “Nun." Miss B—, of New York, was the beau ideal of a pretty, but coquettish “Vilage Girl. Miss R——, of Va., personated the cha- racter of a ‘Greek Girl’ Her bright ¢, h i tiful complexion, her piqis vient costume, presented ation of the Hellenic character she a The two Misses L——s, of South Carolina, (par x orwn,) the one as “Spring,” and the other as th Maid” fp “She Stoops to Conquer,"’ were as lovely in the parts that they asstuined, as in their own rea! chiracte and appearance. A few more summers, and ni Tethy®, nor Amphitrite, will be bard to porsonate witis such material, Both were drossed very beeomingly, but the costume of the eller Miss L— was particulact, striking and appropriate, and argued mach taste a) well us tact in getting up. Mise M. F, L—, another little scion from the same good atock, was very pre:tily habited Malian Peasant.” Last, but only fost in point of vas little Miss M.S. R. H—, of Va., ws La petite cnge, Amongst the gentlemen who appeared in charac- ter, we noticed Mr. S, of Sonth Carolina, asan “Ita. lisn Pandit ar, B—-, of New ¥ ; ork, as @ “Vsensh or; Mr. Pam, of Wasbingion, as a “Returned raion,’ Mr, R—, of 8. C., in a Tyrolean faney dress; Mr, F——1—, of 8, ¢ n Kuglish Postil- of S.C. ese peasant; Mr. A——, of 8. tle of the old school; the two Messrs. G., of S, 8 peasents-~one of them as 4n Italian and the other in the peasant garb of Brittany; Mr. P——, of Va., had the honor of makings wolf of himself, to complete the character of Red Riding Hood; Mr, H——, Va., wore the simple dreas of Ibrahim Pacha at the Court of France; Mr, H——, of 8. C,, went as Hamlet; Mr. M—, of S.C., and Mr.'C——. ofS. C., ap- eae as monks, not of the order of Jolly Friara, but ean and languishing, like a hali-starved follower of bettie No Spoilt CI ey ae her too re and ust Nurse were ini represent two Messrs. H—. of 8. C.; these were the Paul Pry and the Indian of the last fancy ball, in which it was difficult to determine who Played his part to moat advantage, The efforts of the old nurse to keep her darling Gargan- tua out of mischief, and the enlivening exhibition of a Quaker dance, formed an agreeable episode, or rather in- terlude, to the regular performances of the evening. In fine, everything went off finely until the hour of one, when Bacchus gave way to Somaus, and the curtain dropped. STEGLA, Non; Mr. A—— I YOUNG KENTUCKY. Esritt Srnixas, Faris. Co., Ky., Aug. 1865. A Tew Lines from the Most Fashionable Watering Place in Kentucky, According to Our Correspondent, ‘Thinking they a few lines from the most fashionable water- ing place in Kentucky would prove interesting to your read- ers, I proceed to give you and them a partial description of the place; company, &c. Eatill Springs are situated ia Fotill county, high up in the mountains, about forty- five miles from Lexington, ina southeast direction. Tho means of getting here are by coach, from Lexington to Richmond, over a superb turapike, and from Richmond here by what will boa pike inn few years, if there shall be travel enough to throw the rock down.’ Of all things in the world, a new pike is the most uncowfortable to travel over, and you are ready to declare that nothi will induce you'to try it a second time, However, does not prevent a large crowd from congregating at Estill each summer, and 2a the road is improving each car, it is to be expected that the number of guests will crease likewise. The springs are under the charge of Col. Chales, aud the Wuflding will accommodate about Hhrce hundred and ity quests comfortably, althougis they have bad from ix to seven hundred at one tune. This season, the highest number present at any one time was four hundred and fifty, and we were crowded at that. ‘The springs are four in number, and consist of White Sal- phur, (the principal spring ) Réd and lack Sulpaur and Shalybeate, Asa resort for invalids it ie not in very high repute. hat axa pleasant summer resort there is no place in Kentucky that stands higher. ‘The present sea- son has so far, the gayest that Fatill ever expe- rienced, and there is no doubt but that the company was more select than any other. watering place 11 the Union could boast of. It isa common romark that there nover was in Kentucky such a of beautiful women; and you know that the Kentucky ladies are by far supe- rior to all others. If I should undertake ta mention those that are striking for beauty, I should have to nama each and every one of the numerous ladies present; but I shall be excused for speaking of afew that are strikingly so, and whore claima are acknowledged by adil thousands. Being a married man myself, I must, course, give preference to the married ond mame them first; and first of the first 1: Mrs. Cladd Johnson, ot Mississippi, lady wonderfal for her beauty, which {s 96 striking that, I understand, at a recent visit to Washing- ton and New York she created a perfect furore in cities. Mra. H., of Arkansas, and Mra. C., of New Orleans, Mkewine deserve imontion with Mrs. J. Of the young Indies, as a matter of course, there in greater diversity of opinion, and exch young man would untoubtedly swear that his favorite is unquestiona- Diy the “belle” of the springs. Miss B—r, of New Orleans, is certainly = most Ceautiful young Sady, and no lesg attractive on account of her manners than of her beauty. Miss Bottle S—U, of Louisville, is another par- ticulariy sweet girl, and is universally admired. Miss Kate P—a, also of Louisville is quite w favorite with e young gentlemen, appears a very ami you indy. The SMisaee Martina, ‘of the sane place, havo & crowd of admirers, and are by some thought most beautiful —_ Indies present. Mins N——s, of the ahaa same party, my opinion, the most charming am’ them all, ‘and ‘had 1a hand to oifer, she would beeen better. The balk room presenta a very Fay appearance each evening, and the music of Strausa’ bind cannot be beat. Mr. John Chales, son of the proprietor, strives to makes it pleasant for all, and succeeds. Mr. Turner is Hkewise a good aseistant and a great favorite. The young gentlemen are all gay and gallant, and the married ones as much so. BOURBON, CLIFTON SPRINGS. Obed M. Rice, of Rochester, N. Y., (and a brother of Mr. H. H. Rice, of this city,) has just secured the contract for putting up extensive additions to the Water Cure establishment at Clifton. The new buildings consist of a main part 45 feet front by 69 deep, three stories high, which are to be connected with the present building by a wing 20 feet front. In the rear is to be # bathing arrangement re viele a building 22 by 49. The whole stracture is to be brick—neat and substantial. The cost will be some $12,000 to $13,000. The architect ia Mr. Austin, of Rochester, and Mr. O. M. Rice, the contractor, which mt guaranty that the work will be a ith promptness and despatch, and reflect credit upon ai parties interested. He has till April 20th to complete his contract Mr. Rice is the United States Superintendent of Public Works, at the port of Genesee, and hes re- cently constructed one of the most substantial piers at the mouth of the Genesee river, on the Western Lakes, extending out into Lake Ontario a distance of 2,000 feet, and surmounted by a beacon twenty- fonr feet high, illuminated by'a beautiful Freanel light, imported by the government from Paris, for thut purpore, at a cost of about £400. CAPE MAY. TWO THOUSAND LADIES BATHING AT ONR TIME. The Cape May correspondent of the Baltimore American vays: leach presented a scene to-day Gtontey) of the most spirited and interesting char- acter. The number of of bathers exceeded that of any preceding day. Ketween eleven and one o'clock there could not have Leen less than four thousand in the surf, fully one-half, as nual, being ladies, many of whom can «wim, and one ney 1 saw poe | on the surface of the water, and viding over the swe! ing sort, with the test euse imaginable. A great number of ladies were tnattended but were fully as able to take care of themselves as the sterner sex. The of the surf is never violated, and an: one who would dare to insult or annoy a lady while bathing would find himself surronaded by a host of av American character in this respect is dis at Cape May to ity fullest extent, and, both on shore and among the breakers, the ladies feel a greater freedom from formalities of all kinds than they would at home. TOURNAMENTS IN VIRGINIA. The first tournament came off at Capon on Satar- day last. One of the hore-taming—not Greeks, but Greens, of Fauquier, was the wletor. He selected Mise Withers, of the same county, as n of love and beauty. There will be two more di ong of the some kind there during the next few wee! ‘On the 31st inst., one will be given at the Warrenton Springs, now under the excellent management of Alex. Baker, formerly of Clarke county and more Intely of the Potomac Honse, Washington. w Patents Issued, List of potents iesucd from the United States Patent Office for the week ending September 4, 1855, each bear ing that date:— "Sos, Alex. Atoms, of Brooklyn, N. Y., for improved machine for electroty ping. Coiling By m, of Allon, ML, for improvement in mowing machines, Thomas Vatty, of Brooklyn, N. ¥., for improvement in ? Ns avy porting ships’ topeails. Nth Boyd, of Comberland, N. ¥., for improvement in telegraphic tide Mortnaer M. | me) New Haven, Ot., for improved chimney stack or cap. Aaron D, Farmer and Ransom Rathbone of Hrookl!: §.Y., for improved mould for backing éleotraty pe sliails. Joba 5, Haley, of Pilledelphts, B., tor dove An iting 1 macbine Jonathan Haines, of Pekin, 1., for improvement io @rese harvesters. A. F. Kroger, of Norwalk, Ct., Cor iaprovement tm har Vesterts . Lewis W. Toeds, of Germantown, Pa., for improved ap- parutus to provent an over-supply of coal to the fice-box of hot sic furnaces, Philip W. Dackenzic, of Jersey city, N. J., for improve: ment in valyea for voting steam enzines. Thomas Maskell, of ¥ravkila, La., for improvement ia consuming escape steam ar an adjunct in heating fur- aces, Richard Ray, of Louisport,, Ky., for improved mode of operating and dumping earth cars, ©. & G, Stephenson, of Plainfield, Mass. for improve- mat in seod ng machines, ie a ias Strange and Thomas B. Smith, of Taunton, Mass., for machine for sawing hoops, My pire J. Van Horne, of Biagnolia, Ill, for improvement ia in Keparators. Joseph Alex, Victor, of Montgomery county, Ky., for improvement in brick machines. Lies Bog se? ‘ y 'W. White, of the village ef Mount Vernon, towa of Fast Chester, N. Y., for improved fountain pe Amos Whittemore, ‘of ‘Cumbeldgeport, biass., for in- provement in spike machine. Solomon &. Gray, of South Boston, Maea., ass'gnor to himselt and 8, A. Woods, of same place, for improvel universal! dog for planing machines, Folomon didwell, of Rochester, N. ¥., for improved lo- comotive lomp case. Destcns,—Thomas Lewis, of Malden, Masa., for design for trade maris, Wm. T. Coggeshall, of Fall River, Masa., for dosign for cooking stoves FINANCIAL AND COMMERCIAL, MONBY MARKET. Sunpay, Sept. 9—4 P. M. At the close of the market yesterday there was more disposition to sell stocks, aud buyers wore by no means abnadant. Money contianes abundant without change in rates. The demand is active, principally for commercial purposes, and business is steadily absorbing capital. Tho crops have not yet commenced woving with much force, but we shall soon have a full tide setting towards the seaboard, when there will be more inquiry formoney, at higher ratea of interest. The banks will not show in their nfxt weekly statement mach change in the discount line. A. H. Nicolay's regular semi-weekly auction sale of stocks and bonds will take place on Monday, the 10th instant, at 12} o'clock at the Merchants’ Exchange. ‘The exportation of specie from this port last week wns hot #0 large as anticipated. Several large ship- ping houses reduced their remittances materially. This will help the bank statement for the week. Sarrwents oF Sercu: ynom TuR Pot or New Yon. Brig Winthrop, Savanilla, doubloons,. 4 Brig Josiah Jex. Cape Haytien, Amor gold. ‘ Steamer Vacitic, Liver 5 de Do do Las bar. ho do rng. gold..., Do do Eng. ‘allver., Do do Mex. dollars. 60,000 00 Steamship Hermann, Bremen, gold bars... 432.731 28 ba w - gold coin..., 47,900 00 Total for the week. «690,542 BA Previously........ 22,607,664 69 Total for 1855. see + 823,488,207 34 ‘The receipts of gold by the Northern Light was not in time to go into the banks before making up their weekly report. The banks will, without doubt, show a moderate reduction in their specie. There is etill much activity in the. anthracite coal trade. For the weck ending on Thursday last the Reading Railroad brought down 53,896 tons, making for the year 1,641,330 tons, against 1,462,- 149 tons to the same time last year. The coal ship- ments on tho Schuylkill Navigation, for the week | ending on Thursday last, were $1,156 tons, making | the tonnage by that conveyance, for the season, 714,990 tons, against 621,300 tons to corresponding time last year. The shipments on the Lehigh Navi- gation, for the weck ending on Saturday last, were 45,531 tons, making for the season 816,971 tons, against 704,087 tons to the same time last year. The shipments of coal from Richmond, (Reading Railroad depot,) during the week ending Sept. 1, was as follows:— Albany, N.Y. 1,003 New Haven, 0 oat le. 2 170 Tiel ‘Landing, Pa. Bridesbarg, eR Bridgeport, Cty... Bost a Seen keepzle, Perth Amboy, N. J... Provincetown, Mass Providence, R. 1 Philadelphia, ., Delaware City, ; Point Shirley, Mass... Dover, N.H... . Peekskill, N.'Y¥ Dighton, Mass . Danvers, Mass New Hamburg, N. ¥. Newburg, N.Y. Norwalk, Ct., Total, For senr Last yea: 056,940 The earnings of the Galena and Chicago Railroad Company for the month of August, in each of the past two years, were as follows: — Gaus and Cascade Ramroap. Aug. 1854,(186 miler.) 18°65,(220 miles.) — Increase 024 $14i, Freight... 688 87 $72,594 72 a Se » 38,041 79 62,000 56 28,448 17 Mails, &c..... 1,456 13 2,201 94 745 81 4,122 OF $205,881 57 $101,750 a1 The earnings of the Chieago and Burllagton Rail- road line for the month of August, 1855, were a3 $100,095 48 Passengers United States Mai TOA, . os .vcerserre enevarie The proportions of earni the line, are as follows: Galena and Chicogo Union Chiengo, Burlington and Quincy... . Central Military Tract ‘ Teoria and Oquawka. coos, $199,276 11 8 for each road forming Total, “ setseeeteseneeeesees O130,276 11 The increave in July was equal to about one han dred per cent, and now we have, in Aagust, an in- crease equally great. At this rate, the aggregate earnings for the present fiscal year will be upwards of two and a half millions of dollars, which, with the surplus in hand at the commencement, will make a total of £5,000,000. The company estimate the gross earnings for the present year at $2,000,000. In the estimate, August is put down at $150,000. The actual earnings were #205,851 37. Increase ou estimate in one month, $56,881 37 To the plain unvarnished statement of facts afd figures which we have made in reference to the Cleveland and Toledo Railroad Company, we have 48 yet seen no other reply than the ery which asaal 1¥ Comes from speculators when any of their rotten schemes are exposed. Not one material statemen made by us, bas or can be denied. We shall not #top to bandy words or quibble upon fractional items, either with our cotemporaries or correspondents. We give the figures in proof of every statement made, aud if wrong, would like to be put right. An organ of the clique of bull speculators undertook a few days since to show that the Cleveland and Toledo Railroad Company could pay ten per ceat dividend out of the net earnings of the prewot fiscal year, ending April 1, 1866. It puts down the capital at 6,100,000; receipts, $1,023,000 ; interest, $245 000 ; cperating expenses 46 per ceut—leaving for dividend, $515,000. Now we undertake to avy and prove, thst not one of the above statements are either correct or even approaching correctness. The capital wiated, is not the entire eapital by at least the whole floating debt, amounting 9% admitted, on the lst of July last, to $132,000. The receipts are overestimated by at least $150,000. The interest is simply the Interest on ths elev n Ciasacs of bonds, and does not Include ons doll a of interoat on bbe Mlosting debt, oF Maanolering for the ————— OO —C—F same; and laat and most absurd of ol, the ope rating expenses are pat dowa at 45 per cent, ‘which is too low by at least 10 percent. No man of any experience in railroads, who knows the situation of the Cleveland and Toledo, estimates the operating expenses at less than 60 per cent, We are willing, however, for the moment, to call it 56 per cent, and show by the following table that in- stead of having $514,000 for dividends, there will be a much amaller a Grows coceipts to April Is, 1856, Give mouths officially TORI 6 55 sssheiass Sd teereseretesessecss 900,000 Operating expenses 66 per cen’ 000 Tatereat on funded debt........... +. Interest and expenses on floating debt Sinking fund one per cent on $5,500,000, Tolai net income for dividends .........0s006 $100,090 A further allowance should be made for general depreciation—an item which managers of railroads are fast finding out to be of no small importance — which would seriously reduce the above small balance. Railroad property is deceptive. It is an easy matter when a road is new to pay high dividends, especially while a constenction account is kept open, into which can be smuggled a auflicient amount of the eur- rent operating expenses to leays the required balance for division among stockiolders. When, however, the day arrives when no more stocks and bonds shall be issued, and the construction account is closed, and the roa requires, as all ronds must in a very few years, relaying, renewal of engines, &e., &e, all to be paid for out of earnings, then the company, with no surplus on hand, noaeservation made for the extru- ordinary cxpenditures, finds an accumulation of years of wear and tear on its hands, with no meana to mect it except to escape paying dividends. Railroad companies which have for years paid large dividends, and paid out more thap their gross in- come every year, have at last been not only obliged to suspend, but have bad to issue new bonds for a general revewal of track and equipment. Companies which pretend to operate their roads at such a small per cent of gross earnings, invariably have to atop their dividends and increase their debt torepair their track, &c. Ifthe construction ac- count of the Cleveland and Toledo Railroad Com- pany was closed to-day, its gross income would be rapidly abaorbed in properly operating and repair- ing the road. The constraction account cannot be closed. Toa dividend paying company it ia of tho highest importance that it shoald be kept open. Nota railroad in the country could pay more than two or three percent dividend per annum, without aconstruction account to take in a portion of the current operating oxpenses. The Wew York Cen- tral Railroad Company let its track and equipments run down 40 low, in its efforts to pay large divi- dends, that an expenditure of $3,000,000 was re- quired to bring it up again, for which a new issac of bonds was made, and that amount added to the company's debt. The Stonington Ratlroad Company suspended its dividends about a year since, to apply itsearnings to relaying the track. The Harlem, New Haven, Hudson River, Erie, and scores of other roads, find so much of their earnings actually absorbed in operating, that dividends are out of the question. The Cleveland and Toledo Railroad isin an un- finished condition. It is bat 109 miles long, and has already a capital of nearly $7,000,000. Bonda after bonds have been issued, till there are eleven distinct classes in the market. The last issue was sold under 65 per cent, What the next will bring is best known to those who privately parcelled out the last. ‘The absurdity of valning Cleveland and Toledo at its present market prices will, perhaps, be more readily perceived by comparing it with some other roada locoted in its immediate vicinity. If Cleveland and Toledo is worth 87 per cent, we can show that some other roads are selling at only about one-qnarter of their actual value The Cleveland, Painesville and Astabula Railroad from Cleveland to Erie, (minety miles,) finished, cost $3,000,000. Earnings for six months, ending July 1 $591,000. The Erie, Northeast and Buffalo (State line) roads finished, Erie to Buffalo, ninety miles, cost $2,900,000 Earnings for six months ending July, $498,000. The Cleveland and Toledo, unfinished, 109 miles cost $6,700,000. Earnings for six months ending July, 1865, $442,758, Thetwo roads from Buffalo to Cleveland, 180 miles, cost $6,000,000, Earnings from July 1864, to Jnly 1865, $1,850,000, The Cleveland and Toledo, 109 miles, cost $6,- 700,000. Earnings from July 1964,to July 1955, $794,500. If a stronger or clearer illustration of the abaurdi- ty of paying anything like market value for Cleve- and and Toledo, or of holding it at present prices, 4) vanted, than this, all we can say is, go on in your blind ignorance and take the consequences. To place the matter, if possible, in a still stronger light, itis only necessary to show the financial position of the Galena and Chicago. Amount already expended on cago... Estimated expenditures, WUE ir esciegsccrcusseenisansrenntente 241,263 This road will coat when finished bat $500,000 more than the Cleveland and Toledo, unfinished, and only one-half the length. The Galena and Chi- cago earned in six months, ending September Ist, $1,133,819, and the Cleveland and Toledo in the same time, only $426,744. The earnings of the Galena and Chicago in August, the poorest month in the year, exceeds the earnings of the Cleveland and Toledo for the last taree months by $49,435, and only lacks $27,530 of being equal to the re- ceipts of the latter company for the last four months. When in addition to the above figares it is considered that instead of a floating debt to be fivanciered for in these aqually times, the Galena and Chicago has an actual sarplus of over $530,000, with a road easily worked at 46 per cent., and not a patch-work, double-jointed, double guaged, bydra- headed concern like the Cleveland and Toledo, we do not think it can be denied that either one stock is selling too high or the other too low. The annexed statement exhibits the quantity and value of certain articies exported from this port dur- ing the week ending Friday, Sept. 7, 1855, distin- guishing the destination and extent of shipments to each place:— Commence ov Tux Port oF New York—Vaver of Exons. lena ond Chi Quant. Fat. ; Quant. — Vat. Cotton, ba.,.5,408 $269,464 Fastic, tn... 131 92,427 Corn, bu T8149 125,157 Marble, bike 14 600 Sperm ofl, git 3,190 Lard olf 4510 Mar bine 49 Books, es. “a Oud pepperm’t 45 (AL enke, tre 000 Pa. fenther Bs Rosin, bbls... 760 1.319 Ours Win rage bo, B51 mk pi Copper, tbs.91,166 = T,870 Kags, be... Tovaceo.....9,000 1,620 tawex Potatoes, bbls 100 4,08 Ron bb Wax, chs.... 7 1,076 Tapioca, be Tearlashesbi 30 = 1162 toxpoy Flour, bbls. 827,004 Lea. cloth, ow Wheat, ba 7,000 Varnish Whe ? Tobaces, 170,027 10,680 Machinery, ce 6 1,000 1. Kt. goods, en 1847, Wine, cask 5 Cheese, |) 186, Engracings cs 5 0) Cll cake. AO Malvognay \g. 2T 17 Posin, WA, 1,290 ; { emereed, toe J a Oi) wee), ig... 590 Staves, & he.4.209 + lubscco, hs Other articles — wm Homesties, ba we Total 151,603 a Cotton, beles. 297 $13,777 Fep'mint. ce 6 Bnei Flour, Vole... 400 8,20 Copper, the.86,989 22.087 Wiest teh, 7 Valm leaf, co. 6 W. bome, Uhe.7, 98 Wine, cft.. Loo Scgurr, Yee. 6 Chrome ore bh Lo Tosi, wbla,.. 418 Hair, bales, 1 1B. goods, es 15 Drugs, bas, i tote. Jewelry, on. 1 dew Ow : 1 rovisiows,bbl io Maple . Comebshellsck 1 O Btaves.,.,..0070 2,009 t ‘ U1 Ober arcs — oo “4 10% — 80 VADere mm Pork, bois .1 974 $19,002 staves te we 14 90 EPTEMBER 10, 1855. J tmonto, igs. 968 Total seeeeenee Flour, bola... 800 Super, bxa,. 2,080 Coffee, bags. 1/801 Poeswax, lbs 9,088 cp. turpt,bblx 100 Votan, bbls. 1% Pearl aah... 10 Honey, tes. 1 Arphalt'm,ck 12 Tobaceo, hints 20 Beef, bbly.... 01 Rosin,......- 700 Tobacco, Kids 6 Paintings, cs, 2 Marble work. 21 BRITISH NORTH Asn: Flour, bbls. . Pork,.......5 109 Cora, bus. 2 060 : Jbl 200 Pork, bblv.... 60 Lard, Ibs. 04, Drugs. bc.p'en 2 Tobacco,lba. 1,1 Lr. g’tis,cnnes Straw pap'r, Hay, bales Codfish, dima. 120 Butter, Lbs. bxs.316 Bread, bbls... 60 Drugs, bes... 2 Segars, cs... 2 Bintionery 1 Horse .. 1 Flour, bbls... 051 Beef. id fonp.. 18 Provin'ns, pkgs 225 hoes, case. Lardoll, gals. Sperm oil... 74 Mice, bbls... 2h Coffee, bags. 20 Vermiceliitxs 20 Books, boxes, é Dry goods, on. Mirrors, box.. 1 Lend, boxes. 50 Guns, cases... Total.... Flour, bbls... Rosin’, Domestic Lard, Ibs Tea, chests. Straw papi Dry goods, bx 7 Segara... 6 Flour, bbls... ‘Tobacco, Iba 4, Tea, chests... 22 Clocks, ca,... 4 Linseed ofl, g.' 80 Brandy, che. Vo Kum, bola... 100 Paint, kegs... 92 Sp. tuzp., bbls 4 Flour, bbls 10 Fegars, cn... 6 Clothing... Shoes... 1 Powder, kegr, 800 Flour, bbls Tobacco, Voels 20 Dr. apples, b. 10 Hops, bales. 140 Value of merchandise exported during the week Value of epecie exported during the week...... Total exportation, Total importation Fxcens of importa over exports. The following is a comparative mat value of exports from the commencement of the year to Bept. 7:— ‘isi Corton .., 9N,176,58 Flowr,..... 6,701,028 Corn meal 2a 8 Wheat Tolale. 924,007 08S $17,088, Net decrease to Sept, 7, 1866 It will be seen by the above table that ment of breadstufl* has cominenced with considers ble spirit. To London and Liverpool the exporte- tion of flour, wheat and corn last week war larger than we have before reported for many months. To Mavre flour and wheat are aleo rhippt articles there has been slwut the usual outward ie movement, The importations last week were larger than for some weeks previous. The receipts of foreign dry goods exceed in value these of general merchandise Conan oF Nw Vottin Vane oF Deronens, Hamen hair 1 Habe - a queen 199 1” 1 2 0 " J rlwthew a Hengres 2 Petters a (hale 6 bene ef tire had (nernet ey ™. = & turp'ne,bls 125 84.20 Books, o 60,000 1 R goods, ox 4/980 Cry Pal, goods 4089 Candies, bx Tobacco, Ibs. ¥,8 1,678 Alcohol, be 0) Other art “ $4,100 Hoots & shoes | Fogr ving Shookskl,bd.2,628 Other urticles Lumber, ft..65,006. Wine, cases,, 800 Lumbe: 9, 68 Drugs, bxs. 265 Lumber, ft. , 5,002 200 Other articles — Provisions, ca 25 Herrings, bxs 200 Other articlen — $1000 Virginia 6's. O84 7000 IU) Cen Tut bas, 85s, 0 a ‘000 86% | 0 do. Wt AG do 200 tha Nic Fran Co, 204; 40 100 A0.4..,.810 BD do 100 Harlow Hit. 0 Bs 40 66 Litue Mia It W107 do. 0 Clev & Tol KI... BTN do ievsciian: ee « 87 do ) do Athy do. ‘ do 70M &. & 3 \ ber | to arrive, and on t thats OO F41TO Lathe, bil 2740 Lamber, [171,106 8 1136; 160 cute Java, «| i WT $1,740,718 eee SRSESIASTTE s #.88 Es Ce =. ad 8G GE a iis Brimstone. . Chemicals... 7 Copalba oo My Ricerb, noda.. 400 2 Castor oil 2 Gum. arable im” Chlekory . lot Cum danas. 00 : 33 3 eB : 3 -S8SESEeeukes Ga Lay Fu 2 F tus Ge 40% 10,012 Steel frames a Magnosin % 181,698 Mia'l water . 190 sar Ipece -e ” 4 Uptuny a Kapeserd oi! 2 p a Keg. antimony S41 2 te Soda aw! SL 1658 Bugnrof lead, 21 c 4 aire Tong. beans ry 1H 7 41,16 Other articles, — 1.068 — toe woods, paints, ots, Me o tee a 08: 56) Murr stones 1800 1808 nine 1 is Lith, do .," 2% we 1,702 Molasses...) O18 wd. — 14/061 Pape 164 ven 17-214 Paper h Ce 468 Perfumery 19 a 407 Pipes nl hme 2.544 Minster. uJ 6,818 Tatton Led 2,006 ro Pink saucer 4, | Linseed eit oa aos Ultramarine... 30 16,2 Olive ell 125 +e Fruit 01,688 Saver 19 22,008 Nuts... - 184,838 Vegotabies Yonery cage asiaite Low ¥ieh. ‘ waete 6 6b = topes - 620 — 00 Tinte giass.., 124 p 6 cd Mirror pintes, 92 9,996 Other — 2,60 Value of general merchandise put ‘the market daring the week... .. 6.06.65 Do. dry goo do." portant portion of the total. Railroad iron, $160,06R% tin, $181,456; lead, $52,728; iron, $49,569. Neasiy twenty-five per cent of the aggregate waa ta these articles. Coffee, skins, tea and sugars to a great amount, were also imported last week. mock | xchange. 1000 N ¥ Cen Te... 0000 TerreHt Alt 00 C1 be Vita Thy 9000 Had Cyt Bas, . 9000 Hud Hiv 34 Mig 7) 26 whe Bk of Com... 10 Metropolitan Wk 10 Corn Ex Tk 16 Continental 10 Ationtic Bk v 60 Ded & Hod 1.60 120 a do... 260 Nic Trans Co. a Qt; 200 de... 100 oO 10 Sarumpay, Sept $5000 Il In Timp '47.. 108-240 ahs Erie “3 1000 It hse 100 do,,.,anwk : do ‘b60 00 do <i 63; 090 ) ny & + bhO 10 1000 Virgina O's .. .€ 1000 Har Int mig bas 1) 2000 Frio Com bs 171 sae — 1000 Gow Line Inis alo 28000 111 Con RR bad bse 1000 hisgae Re, L000 de es 1000 NV Con a) “ do.... Mish Cont ih see¢ 71 Venn Coal Co... 1A Cum Coal Co, do. SSFF2 bs CITY TRADE REPORT, Raronpar, Hept. 60 P. Awnm.—Sales of shout 40 a b0 bbls morta. Bock of both sorte, Meptember 6, T21 bide Baarercr —Flour—Common and medium flour advanced 12 qualluee were vnchanged. 00 4 9,000 bbls, including common to ebolee brenda, at $7 408 $775; aud extra, a $4 5 08. Coneéion continged in light supply portant. Hout! war better, to cholee brands st $6 » 65 04, and 88 Of! ©) 7 for fancy and extra brande = Weatern ia fair demood, including superior fine at $7 cy with extra st 8A 88 0254. were 6,00 we geveGst Sis 2 a i235 Bre £2 ws i“ SRRSSREREREEEER" F°ARSSERRER PPA Nigg zee sspesags i i é Fs : * . : 5 i a? i H if if Wheai—Abont 6/090 houthern new were sold including red at white at 8196 6 92. Prine qualities included in the sales wore 6,000. bushels California il Ly a inferior Genere at 8) firm, and prime sound sbi rales embraced about 40 nixed, ot 61 AS a OL OT with the chief transactions ze ltt 9) 60 81 0, Including perete for ow Kye lego | 642,000 bushels were made, ot 81 Ls B's. ‘eu ewe tn rome better demand 1th rales of Male and Wetem At MOe, Me, Comte. —rale vows ey Vin were made at Dige * Dhe , atl 10 lage ot a Wye. & 10K%e Coron — The sales embrace’ aloat 600 bales, ia ata falling of in prices of abont ise ss. = lower “, end he Dh Canen ele om tartar at ile breadatutle, ty wee diMeult Ww lor immediate loading tor Kngiieh ports, offers for vhipanente of beth grain and @eur, | on board during the coming ahd wae &) enbeneed rates Pleur wae Cotober ot and grein te liverpool ot G4. 100 bales of cotton tor Liverpool, sboat bait ot Th; and 900 do, all oo at ; shout 10) Vhle flour at ia TLS lathon, oo soe oie Of \mperience tor \nmnedlate Milpement were pore To Havre, ane potesher were 60 10D Vn measurement goods + selling wh The. 9 The he ‘" was etomAy at 916 | 08 igs A Onlenn were made wt OMe Motasere continges firm, while ( Nav At PrCkr byl He were Ore iw Vewin o yre delivery tales thus. new wrens daha wore 0 bbl. eye's optdem, erie Galiversble tm Novemiet, foe met A AVON, on OOO 2 pi snaty app et SRO plane be New hans el) te ardve Ct HIE Cok mate were without bark — eee of whorat 10 Wide mate wt tite. « bie, en The melee eleenenh about A onthe UA which were fer eapert, at fe ROMs, and oo « Fact Intin ot private terms, The stock tn Cale » sab! te be enall for the weasam, Pree. - sear bets oY imo 100 the tel ~, oot =e tice yl he. Mew Dorkgeme st Bes Be, aad Shout 3, levee tir te very enpertor mined, with some tote white, at Pine © Welacr The marbat was inactive Salma of 100 @ ee ee (ee enue baidors meted Oe,