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NEW YORK HERALD, MONDAY, JANUARY 14, 1856, tive; strong batteries are being established to play on 4he Russian works, The Sound wues Qi {¥rom the London Mercantile Gazette, Dec. 25.) ‘A morning cotemporary announces that it has the best wathertt iy for stating that the Confereuce on the Sound dues ut Co has been sus; Prussia and ‘Bussia bay: to allow the question to drop for the present; another contemporary states that M. , the Russian Councilior of State, assisted by jor-General of the Swedieh Cust ms, is e1 1p drawing up ® proposition relative to these dues sh will be more accept able to the aiffereat Powers interest- ed than the system already | eedeoery of an indemnity, and which be shortly submitted to all the Powers for approval, agen Letter, Dec. 10.) i é [Frem a Copenh: The much talked of Sound Dues Congress has proved a decided failure. Sweden is the only state that has senta commissioner, in the person of M. Gyldeastolpe, the di- rector of the Custom House dey t. Most of the wing anything to do with mover and Oldenburg, whilst Mecklen- ‘burg has deci tt has no objection to the continua- tion of the Sound dues to be levied as hitherto. This has .d some surprise, as the preaent Prime Minlater of that Grand Duchy, Baron Von Bulow, was some time ago sent on ag] mn to Copenhagen for the express pore of negotiating with Denmare ur the aboultion of the und dues. The probable :eagon for this change in the views of the cabinet of Schwerin is attributed to the fears entertained that the tree passage of ships to the Baltic may eeriously interfere with Meckleuburg’s share of the Elbe cues. With regard to Russia. Count Nesselrode has told plainly the Danish envoy at St. Petersburg that Russia <annot consent to the proposal for capicalising the Sound dues, as the Minister of Finances would certainly not b able, at present, to raise so much money as would be re quired to pay Russia’s share, and that ge freon tomer (| refer to continue to see it enforced As for Engian rd Clarendon has fully explained the policy that the British Cabinet is prepared to follow, and nas given Den- mark plainly to understand that if she permits the Ame- rican or any other flag to pass the sound or the Belts witnout payment of the customary dues, she must bo prepared to expect that his cabine! will require the same advantages for the British » It ia generally under- stood that Depmark has concluded a similar treaty to ‘the Swedish one with the Western Powers, and that it will be publiched in a day or two, as soon as tho ex- change of the ratifications shall have been elfected. [From o Copenhagen letter, Dec. 16.] M. Blulune, director of the tollhouse of the Sound, has been here for some days, to open the conferences relative to the tolls. In addition to M. Tengoborski, another Rus- sian functionary has arrived to attend the conferences, M. Tunkel, aud he is said to have rectived a special mis- sion, The only country besides Russia which is thus far represented in the covferences is Sweden, and she has sent Baron Gillen Stjerna. We are assured that different German States, and particularly Hancver, have given notice that they will not cause themselves to be repre- sented at the conferences. 4 [From the Stock Exchange Gazette of Berlin, of Dec. 20.] The Danish government has addressed to several States which it did uot ut first nvite—for example, the free towns of Hamburg and Bremen—a request to send repre- sentstives to the conferences. In a new circular whizh it had issued on the subject, the Vanish government has divided the inverested States into groups, according to their geographical position, the amouns of Sound dues they fay, and the manner in which the dues are levied from them, that 1s to say, whether by treaty or by cus- tom, It is by these categories that tac indemnity for the abolition of the tolls will have to be paid; but the system is very complicated, and calculated to lead to numeroas discassions. Our Relations with England. {From the London Mercantile Gazette, Dec. 24.) The advices received to-day trom the United States are silent aa to the President's mess.ge; bat we ieara that Gespatches' have been received frum Mr. Buchanan re- lating to the conduct of the British Minister at Washing- ton, in which it & announced that the Engtish govecn- ment has declined giving the explanations «hich have beon demanded by the President rega: ding the al eged viola- tion! the American neutrality laws by British agents. We ircst that thiy statement, although alleged to oe “beytnd the possivility ofcavil,”” is not correct, aad that our government has not been so unwise as to wound the sensibility of the United States, by refusing to grant what they have a right to demand.’ The British Miaiater at Washington, a> we have said from the firsz, is accused of having viclated the laws of a counjry in which he was exerdsing the trust of an ambassador, and of having com- mitted an offence which, as rendering the offender su 2ject to imprisoriment, was certainly not among that class of derelictions for th» commission of which a British entative could be held excused. Mr. Crampton, althongh not publicly impeached, is openly charged with havirg taken advantage of his posi iom at a foréfa Cour: to tripsgrese, and encourage others to violate, the laws of thi country in which he is resident. To this charge Mr. Gawpton bas as yet vouchsafed n> answer. Tae Unitel States government, therefore, reasonably asks for explanation and satisfaction. Mr. © amptou has hitherto, by the manner in which he has discharged the impor- tant func ious entrusted to him. secured the es‘eem of every member of the Cabinet of Washington, and gene- rally of the American people; and when the accusations were brought against him, his simple dental would have no dubt been satisfactory to the American government. The British Minister, however, zefused to make any an- awer to the charger until he had communicated witn the ment at home, and, having #0, communiented, finaly decided upon saying nothing, either in explana- tion, exrenuation or "defence of Lia. conduct. “What other courre was open to the United S:ates govern- ment than to require from the British government the explapations which the Bri'ish Minister refased to give? And what reason can possibly induce the pode ment to decline giving such explanation’ Eicher Mr. Crampton has trapsgressed the neutrality laws of the United States or he has not. If he has not, what so easy as toeay so? Why has the settlement of the ma:ter been delayea so long? leave so unpleasant a question an open one just previously to the publicstion of the Presi- dents wensa; My This document has, no doubt, been de- Jayec until Mr. Buchanan’s despatches arrived, so that the dispute between the two governments could have deen referred to.as past, ifmentioned at all. But if the to which we have directe’ attention be true, and the British government have really declined to give the required explanation, we cannot be surprised if such con- ‘duct be nlluded to in the message with asperity, and the dismissal of Mr. Crampton should close the first scene of & very unpleasant if not a discreditable transaction. Anxiety in E: din to the United a sind et [From the London Chronicle, Dec. 25.] ‘The latest intelligence from the United states presents ® mace of political inconsistencies so anomalous, and yet #0 rous to the general welfare, as to have been re- garded with dismey even by the most fanatical admirers of republican institutions. If we comment upon these circumstances, it is in no spirit of exultation over those theorists or over the American people, but to point out the rs which attend the action of purely democratic Principles and powers when not subjected to wholesome constitutional checks. Our own system, however com- plete in theory, is not so perfect in practice that we can afford to disregard the warnings of experience, when our- selves menaced with an irresponsible press and an in- creasing Sed ae for all constituted authority. Some time now elapsed since the session of the American Congress opened. The political affairs of the country, both as regards home matters and its relations with foreign nations, had then assumed a very serious t. Ihe President had prepared his annual message, which report states to have bean unusually elaborate, while dealing with topics ofthe utmost magnitude, and of vital interest to the future of the States. All the an- ual statements from the chiefs of public departments hhad been prepared, and as in America these résumés have @more direct bearing than here upon commercial and genersl affairs, they were locked forward io with the grea‘est anxiety. Yet no message hes been delivere and no xestonete Cite been mrcnap Mail after a artives, 2 the same negative inte'ligence. The whoie ot the Teglelative business of the United States is brought to a dead lock through the fierce divi- siors of factions, which prevent the appointment of @ Speaker. Such things have happened—for a day only in cur own House of Commons; but the courteay shown by that body towards the crown, has always se- cured us against scenes so disgraceful as those waich have latterly been enacted at Washington. The con- fusion there prevailing is obviated with un by the rule ‘that a scope majority should decide any question; while ‘the republican constitution makers, by requiring an abso- lute majority of a given number of votes, have laid a basis fcr thet confusion which mainly caused the wreck of representative tutions in France, and is now bringing them into contempt ia America. Imag’ Kap gas te votiogs on the question of ‘the election of a Speaker, and yet the result as far if not farther off, than ever. Mr. Banks, the ‘‘ Know Nothing” condidate, concentrated in himself no fewer than -votes—thus securing a majority of 32 over the most ta- vored of his eye and of more than a hundred over the least. Yet, because the constitution requires that there sball be an absolute majoriry 112 ~votes in order to carry the election, the whole of the (public buslzess of the United States is brought to a stop! jor does there appear the slightest probability of any speedy arrangement. The spirit of compromise, which aves our Parliamentary system from contusion, is not somprehended by a furious democracy. If the evil stop- ped here—if, by the election of a Speaker, the difficult; were got 1ip of—we might hope that the cloud whicl has.now led over| model constitution might be dis- pelled and the heslthy business of government be carried nas usual. Unfortunately the 106 votes, which so nearly curried the §| ership. for the nomi- neo of tho calling them sel “Know Nothinga;’”’ and any one who has taken the trouble to Tn TO- me of that party may form some idea of the fature at would await the United States, were their — to prevail. We are warring against asin, because she sets up force against law—might against right. But Russia, pernicious though her system may be, is at least governe! by statesmen and gentlemen who recognise the courtesies that ought to rule the intercourse of naticns, and whose acta, when deliberately adopted may be accepted as the acts of the nation they rule. Give the Know Nothings the ascend- ancy in the United States, and that great and growin, Baticn will besome another Russia to all the States Europe that are territorially interested in America, but without their having that moral hold upon their con- ne which ins recognized even by the Court of St. Peters- rg. One consolation only there is amidet these evidences of thepe ess disorganization—of n>minal union neutralized by democratic violence—and this is found in the fact that the mtelligent and ‘‘comfortable”’ portion ot the United Stafes community begin to murmur at the mockery of free go- ‘vernment presented by the tragi-comic farce now being enacted in the Capitol of Washington. Still, the utter rversion of all American notions on the subject may infer:ed from the very mila terms in which these pro- eeedings are remonstrated against. The advices say ‘that they present ‘ever: bya to displease,”’ and that they “cok yey, much like ‘fousness and trifling with the interests of the country and the good repute of our institutions.’ Those “institutions,” as by a stretch of language they are called, are worshipped the Ameri- sno with , aperstitious Foverence; and i¢ is not gur- rising thateven the more clear ‘ted am them Fhout touch tenderly upon the thorteomiuee of the ob- ‘ect of their idolatry. Were tw England the fanatical admirers of the American system—those who o'@ laboring hard to degrade "ar own gegen. oy really are entitled to the name) to very ne: he have sense enough to perceive’ that y lapse makes very strongly ngainss Avie favorite theory: All honor to them for even Confes ing that it~ They seem to think that, it om easily be 4 they not, as usual, somewhat too san- guine? They admit that the scenes at ee Snnoying—not even. without @ touch of the lous; but they assure us that such embarrassments qill not really stop the progress of the of the United States. We take Feeve to differ wit optimists of republicaniam, Acknow! ‘that we sk ould be very glad 40 see the system work es solving » number vow difficult, problems, we still doubt whether the greater the ad- vance which the Americans make in ‘pi ”” the great- er will not be the difficulty of mavagiug their mosteumb- = and pasardans Panis magheiae Now, and formes a rear to come, there is room for expansion. '- slourengenderea a crowded community finda vent in enterprise, and political ambition yiells to the desire for territorial acquisition end pecuniary gain, But let the States become Suty poet even the tendency to the Far West be che one the grester facili'zes afforded on the Eastern shores and in the established States, and then we shall see how it will be possibie to govern an incon; mass of States, subject to n9 moral control such as regulates the European nations, and liaole to be swayedand agitated, from one end ot that Continent to ‘he by the fierce strife or fluctuating caprices of democratic passions. Old William Cobbett was not a had judge of American affairs. Much that he prophesied, even on the then Hmited tacts, has already eome to pass; and the time is not beyond our ken when we may see ac- complished more. Not in purely domestic matters alone is the intelli- reracefuly The aatve degrading neemuity of pandering eful. The same necessity of to « democracy that has Drought om the dead-leek in the Congress, has involved the States in an awkward dispute with this county. With every desire to conciliate, we carnot square our statesmanship with the Barnum-like arts required to ase a rude and arr it multitude. It is well known that we do not wish to plunge anew into war-—that on the contrary, we are desirous of closing the present one, Yet our government is compelled to decline Fielding to the insolence of the Caleb Cushings and the jnrcy#, translated into however courteous phrase. We are not surprised, therefore, that Mr, Buchanan has informed his government, that ours dec'ines, thoueh courteously, to give ‘the explanations with regard to the Crampton question, which were de- manded by the United States goverament, When the papers are laid before Parliament, it will be found that Lord Clarendon is ready to make every concession compatible with the of this country; but that there assumptions to whi @ cannot bow. It} is not only with England that the United States—always from the same caure—are embroiled. Three of the independent governments south of the Union have protested against the recognition by the Cabinet of Washington of a poy government of Nicaragua—the result of a ‘‘filibuste: or piratical expedition of the most flagitious kind. It does not yet appear what answer has been given by the President's government; but another expedition, lately fitting out at New York against Nicaragua. has been stopped. Are we in the days of Cortez and Pizarro? It certainly was high time our Wes: India fleet should be reintorced; and, in this instance, a little of the old Ial- merstonian vigor will certainly not be misplaced. Return of the Irish to Ireland—Their Con- auct and fortune in America. ‘rom the London Tiines, Dec. 29.} A ‘« multitudinous ”? immigration of Irishmen into Ira- land is one of meng ate which no man with the least regard to his reputation would have predicted twenty ears ago. Nevertheless, it is a tact. The provincial Jonroate are daily announcing the retura of numpera to the old country, all with money in their pockets. Some of them have even had the precaution to send home or- ders for guano and seaweed in anticipaticn. So far, of course, it has been with these emgrants a question be- tween moral and physical considerations. Few men, certainly not fathers of families, will leave their native scl but from the necessity ot subsistence, or, what is equivalent, the mainienance of their rank in society. Numbers, famice and the inextricable entanglements of lended properly reduced it to a matter of relf preservation, and there was no choice but to fly toaland, if not of kind hearts, at least of good cheer. Hence ibat unparalleled migration in which two millions went ‘‘ with a run” in less than ten years. Now, ccnaidering the very little progress we have made our- selves in the course of seven centuries in assimilating the Irish element—considering that at the end of the seven centuries the relations ot the two countries were hardly better than at the first, we ought not to underrate the difficulty of the task thus suddenly thrown upon our trans- atlantic cousins. The Irish carried with them not only their regs. their dirt, their diseases, buc, what was more serious, their unthrifty and slovenly habits, their turbu- lence, their Icve of combination on every pretence, aud all that sets them at war with civilized society. Happily for the Irish, happily for human nature, there were men in the Union, who, secing a good work to be done, buckled themeelyee to it ; and, at great cost aud trouble, made all sorts of arrangement to lighten the misery ol the immigrant and save bim from the temptations and snares of anew country. The struggle that has been going on for years in the great ports ot the Union between the swindlers who prey on the immigrant and the socie- ties formed for his guidance and} .rotection would furnish as many materials for the novelist as the contest between the slavebolder and the abolitionist. The results have been of a very mixed character. It cannot be ssid that the immigration hes been disastrous when railways have been carried into the heart of that vast continent, and new cities, ports, and even universities, have been raised out of the wilderness by the labor of Irish- men, and when it is contessed that without the Celt, no- thing could have been done. On the other hand, there isthe melancholy fact that nearly a third of the immi- grants are computed to have died through poverty, change of climate, or the seeds of disease brought with) them, within a twelvemonth of their landing. There is, too, the not less serfous fact of a permanent hortility of feeling between the Irish and a large portion of the na- tive Ameri-ans. The moral tie that binds the heart of the emi- grant to the soil of his birth cannot but be weak- ened every year. The parent who carries the tradition becomes feebler and feebler. The chil- dren acquire new tits. Present scenes engross their attention, and it is only, as it were, through @ bright and ‘living veil that they see the fer land cf their infancy. Wait a few years, and the Ireland of the Irish settler will be only the region of harmless legends, unless, indeed, the commixture of American biood and republican idsas converts the; - sons of the — immigrant into sober, calculati citizens. Nothing, indeed, is so remarkable as the rapi aveimilation of English, Irish, Scotch, German, and even French nationalities, not to speak of some half.dozen lesser distinctions of race, in the average American type. It might have been expected that the fact of this continual fusion would have led the citizens of the Union to assume it as a political condition, to reckon upon it, to promote it, to remove all obsta- cles, and to bail as second only to those who signed the declaration of American independence any one who should devote himself to the task of consilisting and harmonizing the he‘erogeneous mass of immigration. There are men who do this great work. There are others who do their best to hinder it. Thanks to the efforts of this latter class, the Irish immigrant finds, if not actual persecution, at levst the treatment of aliens and intru- ders. He is confronted by cold looks, by invidious rules, dy factious demonstrations, and everything short of law and worre than I¢w. No doubt this, as far as it J drives the Celt back to his old country. He will not make his home where he does not find himself at home, ‘This unkindly rebuff has already sent back many; it has Atscouraged still more from ever leaving Ireland; it may ultivately stop the immigration altogether, and produce the most serious results on the ’ social and commercial condition of the States, The working classes are there kept in a certain degree of submission, if not subordination, by the continual in- flux of immigrant labor. When that influx ceases the working man will soon feel himself better able to make hia own terms, and the contest of labor and capital will probably assume a character injurious to traie, if not Sangerous to orcer. It is the very fact of the immigra- tion keeping down the pretensions cf labor that chiefly inspires the movement ogainst it. Ireland, there is little dbubt, is now @ betver country for the farmer than it was ten or twenty years ago. The land Is generally in a better state as regards the pro- prietorship; there is not the same burden of poverty: the potato is sound; and, what is more, prices are high, and will probably continue 40 as Jong as the war lasts, Ina mere commerce! it of view, tillage, and still more, pasturage, Sint bs rats profitable within a hundred Inilen of the market than scross the Atlantic. In other respects Ireland is a more ble place to live in than it was. eel etn almost extinct; po demagogue is able to take the place of O’Connell: the question of tenant right is but a poor substitute for the repeal of the Union; assassinations there still are, but few; and there is no longer that frantic competition for farms that once jared the small class of farmera. The railways have wn open ts of Ireland that once were almost inaccessible; there is now hardl: ‘@ point where the farmer cannot bring his crops or hi cattle to a good market expeditiously and cheaply. It may be observed, by the way, that the three Queen’s Colleges have received an unexpected testimony in the shape of pupils sent tothem from America by Irish ena- grante, now at liberty to educate sons as they lease. Thus it appears that these colleges will secve wr the States as well ss for Ireland, and will be 9 link between the two coun! (From the Dublin Evening Mail of Dec. 26.] ‘The exodus 1s coming back. Vast numbers of our no- madic tribes, to whom we thought Old Ireland had bid- den a final adiep, are dropping homewards, and ning about “‘ the cabin door close the wild wood,”’ wish strong feeling of the immortality of tenant right. Poli- ticians ma; dispored to regard this as the advance guard of the projected invasion; but, if they are can- pected inany way with the promoters of that scheme, we should say that they belonged to the commissariat, for they come unarmed. No revolv knives, no pitchforks, no . bring dollars; and, like the rl mond, go at once ‘into the bowels of the ; their first inquiries being about deangard and the robability of cbtainin mabure for the next year’s crop. Some are even 80 sortie ed ks are aocktien the States to bespeak seaweed and guano, le p01 against the time of their arrival in the “locality ‘where they purpose to commence operations. The most proba» ble solution therefore of this turn of the tide fs that the roundness of last year’s potato crop has revived a feith in the old soil, and that these poor people are coming back in a full belief in the restitution of things to the status quo, The Saoonoeated dislike of the American citizens for the turbulent and unthrifty habits o ithe Irish settlers has also,fno doubt, had a considerable effect in disgusting the latter with their transatlantic homes. The tact the multitudinous return of Irish emigrants is true, and not unimportant. France. RETURN OF THE IMPERIAL GENERAL TO PARIS— SPEECH OF THE EMPEROD. At 12 o'clock the troops who have been quartered for some days past in the environs o Paris wore maseed in the de 1a Bastille, where their arrt- val was hailed by the most enthusiastic acclamations. Nothing could prevent the crowds from approachi: those weather-beaten warriors aad young and olf same level—. unlucky pol zed with the came iaterest on those worn uniforms, flags torn to ribbons, the tory of the | <n ae sabi f pe bg oily on they bad apflered, and once haa braved, je the crams beat to arma, Gisleut shout pounced the » aod minotes his E & roops, her "ecar} ‘vive Piimpereur?” ta the immense muldtude Ja Bastilie which which covered joining Boulevard. The Emperor slowly rode before the nee. fe trope, returping to the centre, near the Villar of July, 1836, and, the officers having drawa up ernie around him, his Ma, delivered in a firm and strong voice the following xadscon to the troops:— Soxprens—I have come to meet you as in other times the Bo- man Senate went to the gates of to meet her victoriou: Jegionr. I bave come to tell you that you have deserved well o Zour country. ry emotion is great, for with the happiness I feel at again seeing you, are mingled paintul regrets. for those who are no more, and deep sorrow that I could not myself lead you on to ecicidlers of the Guard and soldiers of the Line, I bid you wel- e. You all represent that army of the East, whose courege and whore perseverance hat ve invested wiih new lustre our eagies, the rank which is her due. ‘The country alive to all that is accomplished in the East, ra- “ide she estimates your ‘the enemy. recalled you, though the war be not terminated, be- cause it is only sit to relieve in their turn the se coro) that have suffered most. Each will thus be able to take his share in glory ‘and the country which maintains 600,000 soldiers has an interest in aiutalning in France a numerous and expe rienced army ready to march wheresoever necesalty may re- quire, Preserve, .. carefully the habits of war, and fertify yourvelves in the ere rienen, youhave Seqpived, Hold yourselves in reapiness to ri mr be, to my sppeal: but yet on this day forget the ips of the so'dier’s life, return thanks to God forhaving spared you, and march roudly im the midst of your brethren in arms and your fel- low-citizene, whose acclamations await you, ’ India and China. We have received the following telegraphic despatch from Trieste:— wae cl : jurday, Dec. 20, jteamer Bombay, arrived here this morning in 131 ‘8 from Alexandria, which port she left on the 234 nt. The Indian maiis left Alexand ia on the 23d, adyices from Calcutta of the 80th of November; Bombay, 8d of December; Shanghai, 8th of November: ' Canton, 13th of November, and Mong Kong, 15th of No- vember. On the 7th November there was a collision between the Hindoos and Mahomedans at Oude, in which 500 persons were slain. The Hindoos were victorious. The Mahome- fap Jeader was killed, Herat has been taken by tne Per- sfans* Lord Dalhousie returned to Calcutta on the 20th of Nevember. The export of saltpetre is India, ¢xcept to English ports. en depressed, and money scarce. Freights to England have advanced. Exchange at Bombay, 2s. 13¢d.; at Calcutta, 28, The mission have returned from Ava. No treaty was signed. Many pirates have been destroyed on the coast of China. At Canton tranqui ity prevails, but 300 persons are decapitated week'y, ‘Trade in China was dull, without an early prospect of change. Fxehange at Canton, 4s. 10d; at Shanghai, 63. 73,4. The Pasha of Fayrt has re- feinded the prohibition on the exportation of wheat and lian corn, The Latest Despatches. MARSEILLES, Deo, 27, 1855. We bave intelligence from Constantinople to the 17th, ‘The Crimean submarine telegraph is broken. The jour- nals state that it will be siffcalt and take long to re- establish it. Storms continue. Four merchant vessals have been thrown on the Crimean coast No intelligence has as yet been received of the steam- er Junius. The victims shipwrecked atthe mouth of the Danube are feared to be at the least three hun:red, although the Austrian packet saved a great number. General Williams and the prisoners of Kars have been sent to Teflis, Colonel Schwartzenburg had succeeied in reaching Erveroum. the journals announce that the Russians found at Kars 3,000 wounded and 250 caanon, M. de Prokesh had arrived at Constantinople. The Conferences on the Principalities will soonopen. A no‘e of Lord Stratford proposes the reunion of Wallachia acd Moldavia, with an elected hereditary Prince. There would be s nationat army, and the tifbure would no longer be paid to Turkey. Drespes, Dec. 27, 1855. Barcn Seebach, Saxon Minister in Paris, and son-in-law of M. de Neseelrcde, who is about to proceed to St. Pe- tersburg, is to throw some light on the state o& affairs, and recommend moderation to tue Russian Government, ently from the Western Powers. which regards the neutralization of the Black Sea diffe | Viewxa, Dee. 30. 1856 The day before yesterday Count Buol communicated the terms of peace to Prince Gortachakoff. They are those mentioned in the Times of the 12th of December. cession of s0 much of the Territory of B in necessary to secure to all nations the f: > navigation of the Dantibe, is meant the cession of tha’ part of Bess- arabia which lies between the fortress of Cliotya on the north, the Selt Lake Sesyk on the south, ad the Pruth onthe west. Three weekt from the day of delivery is the time allowed for consideration. The foregoing ‘is thentic. Financial and Commercial Affairs. [From the London ‘limes, Dec. 81.] Notwithstanding the unfavorable character of the Bank returns, the English funds opened this morning at a recovery of an eighth from yesterday’s prices, fg l- timately closed with consiJerable firmness at a further slight advance. Console were first quoted 88% to 3 ex dividend, and they left off at 883, to 34. A diminution of the demand for money in the stock ex- change, together with the satisfactory character of the Soard of Trade returns and the Australian advices, were among the causes that led to an increase of confidence. Pank stock closed at 2C5 to 206; reduced, 88% to }: New three per cents, $976 to 80; long aunulties, 3 9-16; annuities, 1885, 16 5-16; exchequer bonds, 973 to %, and India bonds and exchequer 88 to 4s. unt. Foreign securities heve exhibited little alteration, the smount of business having been limited. In Turkish Six per Cents the transactions were at 883; and %, ‘and the final quotation was 83% to %. The Guarani Four per Cent Scrip was dealt in at’, and it left off at 314 to 2% discount. The other operations comprised—Mexican for acccunt, 20; Dutch Four per Cent Certificates, 94%, and 95 for money, and 98% for the account. A holiday was observed in the Paris Bouzse to day to welcome back the Imperial Guard. au- Nothing has yet been decided with respect to the £416,000 in gold brought by the Donald McKay; but it {s expected thet the principal portion will be taken for the Bank of France. Mercantile advices from St. Petersburg of the 18th inst., contain the significant announcement that the Banks had limited the amount of their cash Ven baat “owing to the scarcity of bullion,” but that they had not ceased issuing cach entirely. This will explain the urgent efforts recently made at Berlin and elsewhere to raise a loan on almost any terms. A circular has been issued this afternoon by Messrs Carter & Co,, the shi; rs, who suspenced a year ago under very honorable circumstances, announcing a pay- ment in full to all their creditors, witb 5 per cent in- terest, om the bth of January next. Their liabilities amountedfto £93,000. WRIGHT, JUNIOR AND CO.’8 CIRCULAR. LivRRPOOL, Dec. 28, 1855. Our last circular advices were dated 21st inst., and for- worded per Canada. At this season of the year business matters do not usually assume any great amount of activity, and the present forms no exception to the geue- ralrule. Political events are void of msterial interest, and the prospects of peace partake more of surmise than probability. There are, however, a greater number dis- posed to argue favorably of the iepending negotiations. though ro relaxation has taken place in the preparations for continuing the war vigoroly the forthcoming cam- paign. ‘The call for money does not abate, although the bavk returns show a rather more favorable statem:nt, and the promise of early arrivais of the precious metals are more encouraging. "rede is not active, but is con- ducted ie sound basis, and more hopeful antictpations are ind: In. Cottom presente no change; prices are about the same, and the geveral features ot the market rewain unaltered. Spinners limit their purchases to small lota, expectingan increased choice when the recent seo is landed; and the same cause doubtless influences speculators and exporters. The American advices also tend to deter the latter from extending operations, and induce heoldera to offer freely. A complete change in the character of the weather has occurred, and last week’s tables will pioba- bly exhibit the minimum stock of the season. -dey’s market closes with a dull feeling, holders evincing increased 88 to realize on ® more cur- tailed irquiry. The sales are estimated at 5,000 bales, 500 to #1 tors and exporters, at prices within the of quotations. ‘The total sales of the week (embracing four cays only) amount to 24,100 bales, of whish 15,560 are Ameri- can. ulators have taken 3,860, and exporters 540, leaving 19,700 bales of all kinds to the trade. The import for same time is 107,710 bales, of which ,009 are American. The Pye known to be at sea from American ports is about 90, bales. ‘The Manchester market for and yarn wears a steady and firm pe with the expectation of greater activity after the turn of the year. The strikes con- unue, but do not excite much attention. We have had po market in the in trade be- Incidental business has, however, trans- Pired, though not of any magnitude. fhe late arrivals ‘will prot attract a large attendance when samples are on show, and form a better test to prices, which now have a downward lendency, wheat —, changed hands at a decline of 2d. per 70 Ibs., flour 1s. 6d. per bbL, and Indian corn 2s. per quarter, at to-day's mar rent, fore to-day. ket, the disposi don to business beiag both by buyers and seliere. A DENNISTOUN AND CO.'8 CIRCULAR. “AVERPOOL Dee, 28 1865, Corton MaRker.—Business has been interrupted this week by the holidays, and the market is dull at bai last week’s prices. ‘The sales forthe week are 24,1 bales, of which 3,400 are on speculation and for export, leaving 19,700 bales to the trade. The rales to-day are 6.000 bales. Market neg ‘We quote Orleans at 6%44., middling, 5 11-16d.; fair Mobile, 674, ; middling, 69-16a.- fair uplands, 5748. middling, 6 Little of any interest Occurred 1e movements of trade and cf the money market during the past week. For the present, markets for all articles of general con- sumption, which afew weeks ‘ago were no excited, have fallen into a state o / great dulness; but though the eensumption of certain articles, which hed risen in value to almost famine prices, has been seriously interfered with, the coneumi power of the country is little, if at all, impaired: it is our belief that our wants are still much ineéxcesso what can be paid for by our own productions. At the same time it is with pleasure we have to note some improvement in the condition o four manufactari interests; on all hands we hear of moderate stocks, steady demand at firm prices, At Manchester the Christaras holidays have interruted business’ but pro- Gucers, being well engaged, are firm at the extreme quo- eagles here wni there | tations of last week. acl ‘week of 4¢. per 701bs, on wheat, 1s. and 1s, per quarter on Indian corn, Western perfine floni. mew, per bbl, 40s. 6d. to 41s. 6d.; Balti- move and Philadelphia do., 41s. to 42°.; Ohio do., 42a. 64. to 48s, 6d; white United ‘States wheat, per 70 lbs., 11s. 90. to 124. 2d.; red and mixed do., 10s. Od. to 11s. 3d; yellow and mixed Indian corn, per 480 lbs., 428. to 43e.; white do., 468. to 62s, Ashes.—Only small sales have been effected at 38s. 6d. to Bes. 6d. tor pot, and 45s. per owt. for pearl. Rosiu— Very little ‘doing this week. Spirits of turpentine con- tinues dull at 368, 6d. percwt. ‘Tallow is also dall; Y. C. may be quoted st 694. per cwt. Lard—About #0 tons have broug bt 684. to 70s, per cwt, Cils—Palm oil 1s flat at £48 to £49 per tom.” No change in yale weal or pale rape oil. Rice—Very little doing in Fast Indian, and pothing in American. Dyewoods have been in limited BROWN, SHIPLEY AND CO’'S CIRCULAR. LiveRvoor, Dec. 28, 1856. We have to report a dull busmess in cotton since the deperture of the last steamer, with a turn in favor of buyers. ‘The sales for the week ending last eveniog are called 24,100 bales, speculators taking $ 860 and exvort- ers 500, ‘To-day the business is called 5,000 bales, the market closing firmly at the following quota ions:—Fair Orleans 644, miédiing 5 11-164., ordfuary to good ordi- nery 6d. 9 65;d.; fair Mobiles 6%d., middling 6 9-164. : fair Uplands 51¢4., middling 64d., inferior 43,4. 9 4%d. per lo. Toral stock in this port, 282,000 baies—Ameri- can, 191,000 bales. Total stock same time last year, 501,000 baies—American, 246,000 bales. Trade in Manchester, a4 usual at this season of the year, is quiet, but prices are steady. The corn market is very dull, at m decline of 3d. per bushel in wheat, 1s, per bbl. in flour, and 28, per quarter in Indian corn, the late heavy arrivals having more then supplied the demand, Western Canal tiour, 41s.; Phiia- delphia and Baltimore, 42s, 64.; Ohi», 436 ; Canada, 41s, 6d ; sour, 408. a 41s. 6d. per bbl; white wheat, 11s. 8d. a lis. 10d.; red, 10s. 8d. a 11s, per 70 Ibs.; white Indian corn, 48s.;'yellow, 488,, and mixed 42s. a 42s, 6d. per quarter. Nothing doing in turpentine or rosin. Liverroot Breapervrrs, Dec. 29.—The returns of sales ot British wheat, as per Gazelle, tor the week ending on the 22d instant, are 108,115 quarters, at 78%, Od. per quarter; eorrespouding week 1854, 118,798 quarters, at 72 per quarter; ditto 1858, 71,764 quarters, a . per quarter. arrival of in and flour since this day se’nnight are large, and embrace 34.700 quarters of wheat, 17.633 barrels and 6,455 sacks of flour, 18.115 quarters of In. dian corn, and 12,000 quarters ‘of Kyyptian beans. Of cats, barley, peas and oatmeal, the imports are small. As is usual at this season of the year, the grain trade has been languid, and few transactions are reported. Wich only amocerate attendance of millers and dealers at our Corn Exchange yesterday, there was a general in- disposition towaros business. ' The importers ure not presring sales, but ia the small transactions ot the day a reduction of about 1d per bushel on red and 2d per bushel on American white wheat from this day se’nnight was submited to. Flour declined 1s per barrel and sack indian corn declined about 2s per quarter. Outs 13d Be, bushel, beans 6d per quarter. and oatmeal 1s per oad. Barley and peus were unchanged in value. After marhet hours, several purchases of wheat were made by millers, Yo day no change has occurred in prices, ana there is pot much passing in Brunswick street, buyers putting off fresh business until the new year. ‘The telegraphic advyicea from China to-day indicate a further movement in the exchanges calculuted to keep vp the export of silver from this si¢e. The rate is stated to have avvanced st Canton from 4s 92/4 to 4s 10d, and at Shanghai from 6s 6d to 6s 74d. By the accounts fromi Egypt it appears that the probi- bition against the exportation ot wheat and Indian corn, which was shortiy to have taken effect, has beea re- soinded. Livurvoor Corton Market.—Dre, 29.—We have to re- port & moderate demand for eo'ton to.day, and the sales do not exceed 6,000 bales, 500 tor export. Prices with- out change, News from Australia. MARKET IMPROVBMENTS—ACTIVITY IN THE GOLD MARKET — COMMERCIAL DEPRESSION PASSING AWAY—ARRIVAL OF LABORERS IN THE COLONY. ‘The royal mail ship Donald McKay arrived in the Mersey afternoon of December 28, with dates from Mel bourne, Australia, to the 8d of October. The Donald McKay had on board 104,000 ounces of gold, of the value of about £116,000, and 260 passengers. The Champion of the Seas, with the English mails of the 6th of July rived at Melbourne on the 26th of Sep- aber. e, and Western Bride, from Liverpool, and on, trom Greenock, had arrived at inits summary for England, the Melbourne Argusmakes the following comments upon the state of the colony ot Victoria:— For seme months past we have been under the neces- sity of giving rather a gloomy account of affairs, both commercial and social, in this country. The colonists huve passed through a crisis of no ordinary character. During part ot 1852, and up to the middle of 1854, a sort of maoress possessed both the governmen’ and the peo- fle. Extravagances and dissipation were the order of the day, and a period of severe. pressure in our financial affairs was the natural result. Fortunately, we have paves through this period without any serious calamity, ut bave earned a great deal ot valuable experience, tor which we have dearly paid. We firmly believe that we have seen the worst, and that henceforth, for a long time to come, we shall be enabled to transmic accounts of a ‘adual and solid improvement in the financial and in the industrialjcondition of the cn10- ny. ‘The month of September has been one of continued Prosperity, so far ae the yleld trom the various gold- ields is concerned. The amounts sent down by escort are steadily on the increase, and the re; of our own cor respondents and of gentlemen who have erred visited the diggings, can be relied on, lead us to believe that this increase will be maintained. The season bas been peculiarly favorable to the miner. Wa- ter has been abundant, but not in excess, as is generally , the case in the winter months, and the weather has never been so severe aa to interrupt the operations. To the opening up of the quarts reefs, the supply. from which would appear to be inexhaustible, and the separation of the metal by means of machinery, the present satistac- tory Ftate of the escort returns must, however, be chiefly ascribed. ‘The Melbourne Age says, respecting the diggings:— ‘The intelligence Cecelved from the various diggings during the past few weeks has abundantly confirmed the reports of Vdd oy condition ot the whole of the gold fields. It would be difficult to select any one lo- cality for special observation, the advices confirming & uniform improvement in the yield. From private communications from Cas' we are informed of widely-extending quartz-crushing operations, and al- though the miners there are working quietly, and scarcely any reports have appeared ot their proceed- ings, still the success which has been met with entitles this district to rank with the foremost of quartz locali- ties. The parties spoken of as the most successful are Cornish miners, who. with a steady persistence which cbsracterizes their class, se quiet on using the old- fashioned stamping mill, which fong experience in the old country has shown them to be the safest, the least expensive and the best. A great error has been made by the use of complicated, cum- brous, and expensive machinery; and we have seen par- ties who have returned to town regret.ing having en- cumbered themselve: with all manner of intricate i ratus, which experience has taught them to be perfectl; valueless. {he great difficulty is in the process of amal- gamation, and none of the machi seems at all adequate to the ores formance of thie branch ot the operations, From igo the accounts received are more tban usually cheering, and the yield of gold is reported to be larger than it was. This isin a “at measure to be accounted for in the increased re- ‘urns from the quartz reets, where many are mee! witn consicerable results. Rich as this colony is proved to be in alluvial depomts of the precious metal, it is stated by persons engaged in the operation that the quartz reefs arseven more extensive ard rich; and that the greatest yield of gold which has yet been produced will be obtained from these reefs. The question is exciting much attention at present, and a “quartz ma- nia’ is by no means an improbable event. in present employ MARKETS. Mernovrsg, Oct. 80.—The gold market has been inac- tive during the day, the parcels for shipment by the Donald M ay being made up. Entries were passed at the customs for 83,1 ounces for Liverpool by that ves- sel, and for two small parcels for China by the Tremelgs and the Amigos. There has been little or no trade doing to-day, the shipment of the gold with some, and the European cor- respordence with others, having fully occupied the mer- cantile mind. The demand for gold this week for the Donaki M’Kay was brisk, and the price rose in consequence. 768. 34. and 70s. 6d. were the prices ruling during the latter part of the week. ‘The quantity of gold sent down by escort this week is fully an average one; and we cannot help ex»ressing our fatistaction at the result as given below on the year and quarter ending this day, as compared with 1854, which, out for the continued trading monopoly of some of the banie here, a result the beneficial must have ac- cerned trom such an extensive Juce to the whole mer- cantile and trading community of this colony. A considerable move has taken place from Maryborough to Fiery Creek, which is the principal point of attraction at precent for the migratory At the older fields Produce seems steady, as bd nee at the returns given below will show. A very eonsiderable increase in ship- rents of the precious metal has tsken place this year over that of the corresponding period of last year, ‘also noted below. COMPARATIVE QUARTEREY STATRMENT OF GOLD PRODUCED IN 1854. 1855. 188,246 166,108 187/148 iene 176,310 253;113 . 601.708 $96,063 601,704 Increase on the quarter. +» 94,849 " te the A eit bers ‘um! of persons at Number that have left. . bo Addttion this week Personal Intelligence. FINANCIAL AND COMMERCIAL. MONEY MARKSBT. Sunpay, Jan. 15—6 P.M. The stcck market opened and closed yesterday quite heavy. All the leading stocks were offered in large quan- | tities, and all the sales were at lower prices. The news | from Europe by the Canada is not so favorable as tela- | graphic accounts induced us tothink. Privatelettersand full reports of the markets are not at all satisfactory. The | money market continues uncomfortably stringent, and there are no indications of immediate relief. Wall street is likely to be tight for & longer period than usual, on account of the outside demand. The heavy importations call for large amounts of money for remittance, and for payment into the Custom House, and this demand will probably continue for some weeks. The banks dare not expand to any extent in view of the probable financial difficulties on the other side of the Atlantic, and will therefore act very cuutiously. I is for their in terest to keep down the exportation of specie. They have as much bullion and coin in hand as they want or require; but they desire to keep it in the country, to give a proper basis to our credit sys- tem, and strengthen all our local interests. Twelve millions of dollars in specie is as muck as our banks want at avy time, If the interior is well supplied with the precious metals, it can always be drawn to any point where it may be required to meet any emergency. We cannot conglain of the present position of financial affairs, We see nothing to complain about just now, and the present searcity of money is calculated to prevent our having anything to complain of for some time hence. We are glad at all times to see these conservative in- fluences at work. They are of vast service in consolidat- ing and strengthening different departments of industry, and keeping in check all wild and reckless speculation. No fears need be entertained that our progress will be unduly retarded. There is no danger but that we shall uncer even the most adverse circumstances, go ah full fast enough. We have no fears of that sort, and therefore look upon the present stringency in the money market, upon the apprehensisns entertdined relative to the war in Furope, and all tnose matters inducing con- traction, as #0 many .avorable indications, and as gua- rantees that cur prosperity will be more permanent, if it should not extend quite to the desired point. ‘The total exportation of specie from this port this year, up to the 12th inst., imelusive, was $42,642 50, A. H, Nicolay’s regular semi-weetly auction sale of stocks ard bonds will take place on Monday next, the 14th inst., at 1234 o’clock, at the Merchants’ Exshange. The steamship Atlantic at this port from Liverpool, does not biing very favorable financial intelligence. Quotations for consola show a slight decline, while the bank returns show a great falling off in the amount of bullion on hand. The decrease for the week was more than 9 million and a half of dollars. Cotton remained unchanged. Breadstufls were quiet, without change in prices. ‘The demand for money in London continued ac- tive. Peace rumors were abundant, out the public had lost confidence, and preparations for opening the spring campaign with great force, were going on vigorously. The Rutgers Fire Insurance Company have declared a semi-antual dividend of six per cent, payable Ist of February; the Howard Life Insuranee Company a sem!- annual dividend of 334 per cent. The coal tonnage on the Reading Railway, last week, ‘was only 10,019, making a total for the season since the lat of December, of 118,211 tons, against 147,651 to the same time last yeur, showing a decline thin year of 25,440 tons. Should the extreme cold of the last few days con- tinue a week or tp longer, the stock in ihe city yards will beso drained & to s:imulate the Reading Railroad Company toa little more energy. The abiltty of this road to keep Philadelphia all the time supplied with fuel, is a most important consideration. The transfer books of the Galena and Chicago Railroad Company close on the 17th Inst., and re-open on the 2d of Vebruary. The Auditor of the State of Illinois furnishes the fol- towing figures, ehowing the amount of indebtedness pre- sented for dividend at the State Treasury on the Ist inst.; also the amount paid, and the rate per cent:— Amount of indebtedness presented $1,299,118 40 Amount puid.. 489,691 44 —Fyual to thirty-five per cent upon the indebtedness presented. The Kentucky Bank has made a semi-annual dividend of six per cent; the Philadelphia Exchange Company a semi-annual dividend of two per cent. The following table exhibits the condition of the Hart- ford banks on January 1, 1856:— Hanrtrorp Bank Capital . $6,392,880 00 Surplus. 685,912 13 ‘Circulation, 8,919,649 56 1,776,433 56 '441'633 11 11,862,317 8& ‘The liabilities subject %o sudden demand, are:— Circulation . $3,919,649 59 Deposita... 1,776,438. 56 Total..... $5,606,083 12 To meet this they have— Balance due from other banks, subject to immediate draft, BDOUT os eesecseceeereeees 372,000 00 Checks and cash items.. «+ 188,500 00- $1,002,036 11 The value of merehandise experted from this rt during the week ending and including ‘riday, Jan. 11, was.. Value of specie exported Total exportation........... 2,490 Value of imports—General andse, Dry goods. ———— 84, 252,847 Exeens of imports over exports,...........-83,810,357 This certainly does not present a very favorable result. A weekly balance against us of this amount for a month or #0, would bring about a pretty active renewal of tpecte shipments. The exports last weck were unusually smal) for the season. The following isa comparative statement of the value of exports from the commencement of the year to Jan. 11:- 1855. 1856. Increase. Decrease. $335,368 $192,465 — $142,898 , 687,194 $317,201 i= 8,591 7,541 = 1,050 18.467 510,976 = 492.509 —_ 209,547 61, — 141,739 76,654 91,104 15,450 - 101,829 112,100 10,272 - Totals......' $960,284 1,613,118 835,621 291,687 Net increase to Jan. 11, 1856, One of the most important projects ever presented for theconsideration of our capitalists, is the Chiriqui {m- provement Company. This name hardly denotes the ob- jects of the projectors, for {tis in fact a ecal company. ‘The company has been formed for working the valuable mines in the province of Chiriqui, in the republic of New Granada, and if the reports made relative to their rich- ness, extent, availability, &., are true, there is no deubt but that it is one of the most important enterprises of the day. This company has been organized under a per- petual charter, and its proprietary rights ombrace the following grants:— ‘ lst. Improving and constructing a road across the isth- mus, its control and revenue, for sixty-eight years. 2d. Ownership of about twelve hundred thousand acres of agricultural and mineral lands. 2d. Ownership of two of the finest harbors and sites for cities on each side of the isthmus. 4th. Vast coal mines, believed to be inexhaustible, and producing bituminous and cannel coal of the first quali- ty, at the harbor on the Atlantis side of the isthmus. 5th. Coal, but in less quantity, on the Pactfie side of the isthmus. ‘The political rights are— Ist. Of entire exemption from taxation of any class or kind whatever, 2d. To introduce, free of duty, all articles required for the improvement or construction of the road, or the sup- ply of the employés of the company. 3d. The introduction ef colonists upon the lands. The proprietary and political rights of the company have been secured by the legislative action of the Pro vince of Chiriqu. ‘The corporate powers and privileges are derived from the Legislature of Pennsylvania, under a charter of great value. Its features are:—1. It is perpetual. 2 Free from all individual liabilty. 8, Free from taxation. 4. Has all powers for the colonization ef lands. 5. For con- struction o all kinds o roads. 6. For mining. 7. For manufacturing. 8. For leasing or disposing of privileges to mine or manufacture. 9. All other modes of develop- ing their. property. 10. Of holding the means of com- municating with their possessions by steamers or sailing vessels, 11. Of disposing of the products of the company. 12 Power to acquire additional property. 13. Power to enlarge their capital. 14. To represent the same by shares or bonds. 16, The charter is independent of fature legislation, a bonus having been paid for it, and no power reserved to alter, amend or repea its pro- visions, ‘The company is organized under the following board o° directors gud effigerss— Dmxctors iw tux Cry or New Yor, Cornelius Vanderbilt, Ambrose W. Thompeoa, James 8. Sandford, Joseph Foulke, Nathaniel H. Wolfe, Joseph L. White, ‘Wm. Rowell Foster, J. Eugene Flandin, Wm. A. Godwin ef Philadelphia. Orncens—Samuel E. Johnson, President; Ji Fonlke, 1st Vice President; J. Flandin, 2a President: Wm. Rosse. Foster, 5 J. Lawrence Worth, Secretary. When it is considered that the coal formation upom the lands of the company is so favorably located that the coal can be taken out and delivered on board ships ata lower cost than it canbe mined in Penneylvania, Maryland or Virginia, and that the demand for It upom both sides of the isthmus and in the West Indies is already enormous and rapidly increasing, some ides may be formed of the value of the company’s property, inde- pendent of the great ultimate value which the sale of the water lots and wharf privileges must give to ite en- | tire capital. ‘This company, having secured all the coat beds of that region, must control the supply. It costs now about seventeen dollars per ton to place coal at As- pinwall or San Juan del Norte. This company can place an article, equally good for steam purposes, at the same points, at a cost of only six dollars per ton. The steam- ship Crescent City once coaled at Bosas del Toro, the Chiriqui Company’s port, from the company’s mines. It was found equal to any that ateamer had ever used. The coal business of the company must become immediately profitable, independent of all its other immense posses- sions, The ceal buriness must pay from the start, fer the demand is far beyond its immediate ability to sup ply, at prices three or four times greater than the cost. ‘The landed property of this company consists of:— First—An exclusive graut for sixty years to improve the old provincial A i from David to Bocas how ieaw with full paper fo impose such tolls as may be cor to the benfit of the company—this grant carries with it about 100,060 acres of land, besides all the land requisite for widening the road, and establishing stations, build- ings, and for pasturage. The company under this gramt enjoy full and free immunity from taxation of any class upon all their property and operations. Second—A tract of about 40,000 acres of land, and most extensive and valuable coal mines, in the Cantom of Bocas del Toro; the lands extend for a distance of about twenty-seven miles on said harbor, embracing a splendid water front, and the site of the future town which mast necersarily spri bh Thind—A tract of about one million acres of Ind om the Golfo Dulce, held in fee, and free from incumbranees —there lands have a front of about thirty miles on the- Gulf, and embrace the entire harbor of Golfito; thas securing to the company one of the finest spots in the world as the site of a town on the Pacific, There is « large belt of cocon-nut trees cn this tract, which will prove of immense value—the possession of two suck fine pointe, and on euch harbors, for the establishmeat of towns, must give great value to the company’s lauds, and be s source of large revenue hereafter. Stock Exchange. SATURDAY, Jan, 12, 1866, $2000 US 6's 68 coup 11634 550 shs Erie Railroad 5156 1000 Tenn 6's 90. 90° 350 a 860 big 1000 Califor’a 7’s'70 843, 50 1s 4000 Virginia 6's... 93°" 500 51s 3000 Missouri 6" 833, 100 62 a3 51% 100 51% 160 b1ig 400 Bldg. 8000 Erie oon bds’62 82 100 2000 Erie bés or 83. 92 450 b1ag 2000 Frie bds of 75. 89 100 uy 1600 A Riv2d mt bis 85 — 100 135 12000 M1CRKbds..83 81 100 5136 2000 160 513 813g 200 Harlem RR. Ws 4 do......b3 118 y 3g 200 4a 60 17% 1000 NY Cen 7’s,.. 100% — § NH& HartfordRR 128 16500 do........ 101 100 Reuaing Rk..opg 9136 8 shs Metropol’nBk 102 200 do. 10 913g 6 Bk of Commerce. 108% 100 do......815 91g 20NYCen RR,..b3 92 100Hudson R RR.b30 203g b30 92% 50 doses eves 2086 60 00 ..... 50 Nic Tran Co. 99: tte’ 1005 doe 6 2 te 40 123 200 do... -+.060. 73 41.Chi & Rock Is RR 853 BOAED. $500 U States 6's °67. 11734 100shs Erie RR...83 6136 100 shs Erie RR, ; 1 100 500 100 100 100 50 200 300 100 4 200 40 G0rrccenrse TAM 500 100Chic&RIRK.L60 86 100 100 NY Cen RR..b60 9236 fo 200° dow... bS 92 CITY COMMERCIAL REPORT. SaturpaY. Jan, 12—6 P. M. Asnrs. —Sales were small, and prises unchanged. Breanstvrrs.—Flour—The market was more active, and Prices closed with an improvement of 6c. a 12% c. per bbl. for common grades of State. The sales embraced about 10,000 a 12,000 bbls., including some parcels for ex- port. Atthe rat ~ ee of common State ‘were reported a\ a j—the former probably a forced eale. The market, however, became firmer under animproved demand, ana at the close there were mo of common State under $8 and $8 1234 a $8 25 for extra ditto. The transactions embraced lots of fancy and extra Western at $8 » $8 623g. Extra Genesee was quict at $9 50a $11. Southern was in good demand, with sales of 4,000 a 5,000 bbls. at $8 3734 a $8 76 for mixed to good brands, and $8 8734 a $10 26 for fancy and extra. Canadian was quiet, with limited sales, at a $0 75. Rye flour was in {air request; 500 bbls. were reported at $5 75 a $7 for superfine; common was at $4for Jersey, and Brandywine nt $425. Waeat—The market was uiet and transactions confined to small lots of common red ennessee, at $190, with a parcel of re] at $195. The Sagregnte was estimated at about 2,2008 or 2,300 bushels. Other kinds were nominal, without notable change in prices. Rye was at about $1308 a1 asked, from store and deiivered. Corn—The mar- ket was inactive, but holders of prime shipping lots were firm. The transactions were limited to about 8,000 a 10,000 bushels, includin, re a aeigr yellow, at 86c. and Western old mixed at 91c: a 9Sc.; and a'parcel of prime do. at 94c. Oats were dull at 448. a 48c. tor State, and 48c. a 62c. tor heavy Western. Corrox.—' market was more animated and the sales amounted to 2,000 bales. The market was easier, without quotable change in prices. About 22,000 bushels of corm FRKIGHTS were steady. were en to Liverpool, in bulk, at 74d. a7@. 4,000 a 5, bbls. of flour, at 2s, 7d., 26, 9d. a 3s.; boxes , at 352. ton, and 150 bales compressed cotton, at i. To tondon, rates were frm at 4s. for flour and 12d. for grain. To Havre, cotton was at S6c. @ 30.; flour, 92c. a 93c.; and some rice was em- gaged at 10c. There was no change to notice in rates for Valifornis or Australis. Fruit —About 300 boxes bunch raisins were sold at $2 873 at $3; do. layers, at $3 25. CorFEe.—Sales of about 150 bags Laguayra were made at 190. a 1230. Rio was quiet. Hay.--The market was unchanged, and small salee were made at $1. Inon,—The market was steady, with sales of Scotch Pig at $33 50, 6 months. [OL.ASSEs.—About 100 bbls. New Orleans new crop were wold at 49, nen STORES were quiet, and quotations more or leap nominal. Provisioxs.—Pork—The market was firmer for with sales of 300 % 400 dbls., at $160 $16 12%, Prime was at $13 75 @ $14. Beef continued heavy, with small sales of coun’ rime at $9 a $10, and mess a0, at $10 50 a $12; re- Western, at $14 a $14 75. Sales beef hams at 13c. a 14c. Cut moats wore in fair de- mand at 7c. @ 7%c. for shoulders, and at 83¢c. a 9%. for hams, in pickle. Butter wan easier, with sales at 18. a 42c., and State at 23c. a 27c. Lard was Cheese was at 9c. a 10%c. nd prices steady, with eales of 200 6-500 bola te sce. Sugars wore quist for hhds 5 40 bhds. Porto Rico were sold at 7%Xc.,,and. abou boxes chiefly at 8. a Bee. ‘Wwskky.—The market was dull and lower; sales of 100 bbls. New Jersey were made at 35c., which at the close ‘was offered for ey while 36c. was demanied, with 8 ire. Sxxp.—Clover was heavy; sales of 8,000 new were made at 1239¢. s 13c., the latter figure for prime. ———_—_—EEEewya = NEWSPAPERS. AEE, ILLUSTRATED NEWSPAPER.—NO, 6 OF Frank Lealie’s Illustrated Newspaper issued 12th January ‘The British exp! Resolute, abandoned in the Arete shares ‘and distoveral BI fo Belcher. j an at Academy of Music New York "Berra of Jackson, after Vanderiyn. Foreer with teen other splendid Wustrations and 8 the news of the Fer THE EVENING MIRROR,—A MODEL 7 spay fe refer to the ‘New York hevery ane he cay eee ae ofmew soa, cryouilzed ‘ane served up in the most ef gant and tasteful manner, Its nwt Sowerngs of her