The New York Herald Newspaper, April 2, 1860, Page 8

THE SLAVE TRADE. @aptare of an Alleged Slaver on the African Coast—Her Arrival at Nerfelk, Virgt nia—Nutiny on the Passage. Rey Rey Kee ‘The brig Virginian, of New York, was captured a5 & Paver at the mouth of Oongo river, on the weat coset of Africa, on the 10th of February last, and arrived at or folk, Virginia, on the 27th of March, in charge of Lieut. @eorge Brown, of the United States ship Ports- wouth. In addition to the fact of the captare published fe the Hrnau on Wednesday last, when the news came Dy telegraph, we sppend the following particulars in rela- Men thereto:— Tho Virginian was taken by the British steamer ‘Viper, tp Alte Gongo river, on the 10th of February inst. no slaves on board at the time she was captured. eaptain of the Viper then placed @ prize crew 0 Seema b's own vessel on board of her, and left her ip their barge, while be went with the Viper In search of an American war yeesel, to which he might deliver her up. ‘Pwo or three days afterwards he fell in with the United States steamer Portamouth, and on the léth of Feb- asry that vessel had replaced the British prize crew on ‘eard the Virginian by a crew from among her own men, ‘who were placed under the command of Lieutenant ‘Brown and two other officers—Lieutenaat Tyler, of the ‘Walled Statez marine corps, and a young officer from the ‘Waited Siaies steamer Sumter. Tho brig left the coast of Afries on the same day for the United States. On the 16th of Fobruary she fell in with another British steamer whose commander sent an officer on board in @ boat to ‘@ecertain what vosee! the Virginian was. On finding that whe was in charge of a United States crew, the officer ‘whe came in the boat ef the Britisher left, stating ‘has the sbip to which he belonged had been in weareh of two American vessels, and that the Vir- ginian was ono of them. Tee voyage of the Virginian was continued without any unusual incident till the 2ith of February, when a mutiny took piace on beard, which arose and was suppressed as follows:—A man nam- ed Maguire, who belomged to the crew of the United Brtes ship Portsmouth, got into a quarrel with the mate of the captured verse, talked loudy to bim and cail- ed him abusive names. Being directed to discontinue by ‘he officer of the deck, he refused, and the officer tuere- ‘wpon called for assistance to puthim in irons. It was not, Rowever, until all the officers appeared with their revol- vers, &c., and showed a determination to use them in case of resistance, that Maguire was made a secure er. In the meantime, three of the men, who formed the crew -@f the slaver, came to where the struggle took place on the deck, and roughly demanded what Magnire was to be froned for. Maguire also struck the officer from the United Mates steamer Sumter « severe blow with the mi lew which were bound upoa his hands. Finally, all the men whe partic din the matiny, to the number of four, bound in irons and subsequently Segue $0 sup- their language, which was abusive to the officers; were then put below, where they were confined to the end of the voyage to Norfolk. From this time for- ‘ward po other circumstance of an extraordinary nature ‘occurred till the Virginian arrived at her destination, where she had been ordered to proceed by the fing of- ficer of the squadron on the coast of Africa. The weather was fine till the vessel reached Bermuda, after which she bad it rough till the 27th ult., when she reach- ved the Virgimia coast and was towed to Norfolk by the ‘Dpited States steamer Mystic. Om her arrival steps were immediately taken for Dringing the captain of the Virginian to trial for ‘We offence of which it is alleged he is guilty. The ary examination took place on the 30th, be- the United States Commissioner at Norfolk, and ‘the prisoner has been remanded for trial, which is to ‘take piace on the 31st of May next, and the proper au- ‘Morkics have been communicated with for the = ef bringing Maguire to trial by Court Mar- ar te is not imvenied to take any proceed- wogs detain inst the other mutineers, but merely to | Som as witnesses. The mutiny broke out when ‘the vessel was in lat. 7:58 N. and long. 14:53 W., and the ‘Virgipian was off Ambrisette when she sighted the Eng- lish steamer which sent the officer om board to ver what she was. DESCRIPTION OF TRE SLAYER. ‘The Virginian is a brig of about 180 tons burden, and ‘three or four years old. She is regarded as a fast sailer, though she took forty seven days to make the home from Africa to Norfolk, Va. She was built in St. Jebn, N. B., and owned in New York, from whence she hailed. On ber stern her name, Virginian, was painted, + ‘et underneath it appeared the Brewer, wi had Deen imperfectly erased by * ‘SHE CAPTAIN OF THE SLAVER AND WHAT BE STATES—HER ‘The name of the captain of the Virginian is Matibias Lynn, an American by birth. Ho admits ‘that ehe was engaged in the slave trade, and that she was on the coast of Africa for the purpose of taking in a cargo of slaves. He states that she was fitted out at New York last fall, and eaiied from this pers for Monrovia, for which piace her crew were ostensibly shipped in the early part of the month of December. She bad a passage out of Afty-eix days, and remained on the coast from her ectival, pe ime of her captare, She took out an sasor' argo, and had underneath it about one hundred water casks and quantities of rice and bread. Besides her cap- jhe bad on board asupercargo, named A. Meirando, a mative of the island of Cuba, who is supposed to have een ber owner. The mate of the vessel says his name fs Charles Edmonstone, and that he is an American; and she had besides these, six other men on board, who were bands before the mast, &c. The captain of the slaver also staies thet the vessel was fitted out bya firm in Beaver street, New York, who claim to be her owners, though it is considered that Mctrando, the Cuban, who ‘went out in her as supercargo, was her owner im reality. The siatement of the captain is that Meirando was to as- ume the command of the slaver after the negroes were put on board, that he was then to become the mate, and ipat Charles Edmondstone, her former mate, was to be ward ber second mste. Tho agrcement wasthat he captain was to receive $1,500 for taking her out, and + "$2,000 when the slaves were landed. The mate’s agree- ment was that he was to receive $1,500 for. the round trip ‘Mf it was successful, and the contract with the men was ‘Mbat each of them was to receive $300 when the slaves were landed. It is also stated by the captaio that the man knew very well the object for which Se shipped the time they embarked for the voyage. Under the baie ot the supercargo was found a Buenos Ayrean flag, jt is supposed was the colors under which the Vir- | oes! was to sail when she got clear of the coast with jr return cargo. The captain and crew of the slaver seem to be much dejected by the unfortunate turn their affairs have taken. “ OUR ST. PAUL DE LOANDO CORRESPONDENCE. ‘Unrrxp States Stoor-or. War Marion, Sr. Pat pg Loanno, Feb. 2, 1860, } Return of the Uwiled States Sloop Vincennes—Arrival out Gf the United States Sloop Marion—ZInterchange of Compli- ments Between Brother Jonathan and John Bull—Cruise o the Marion—Arrival of Slavers on the Coast—Their Breape with Negrocs—The African Service a Farce—Re- turn of the Mate of the Orion—He is Again Found on Board a Slaver—Two Thousand Negroes Taken from Ves- sele on the Coast in Four Monthi—4s Many More Landed tm Ouba—Fine Weather on the Coast—Health of the Marion's Orew—The Officers of the Marion, &c. Phe departure of the United States sloop-of-war Vin- <@ennes for Boston provides the opportunity to furnish you ‘with a brief detail of the Marion’s whereabouts, and what ‘a doing in the slave waters of the west coast of Africa. Since leaving Porto Praya, onthe 1th of last Ostober, ‘we have been gradually working our way along the coast “te this port. On the 8th of November we reached Cape Palmas, Menving i on the 9th and running on to Elmina, ‘where we anchored the 13th of the same month. After mutoal international exchanges we weighed an- hor the following afternoon, and made sail for Cape Coast eaaile, where we came to an hour afterwards. Here John Ball and Brother Jonathan, after their usual gun compli- ‘ments, shook hande over their expressions of esteem and @ ecllation of invitables. On the 16th we cruised along the coast, under aeherp ‘Tookont, to Gilli Coffee, making it sea road on the 18th, with Quitta fairly in view. The 20th found us moving on sowards Why dah, reaching it on the morning ef the 2ist, ‘and departing the same evening bound for Prince's Inland, “where, in the midst of a wee sprinkling of rain, we an- bored on the 28th of November. (n the 2d day of De- ember we left for the island of St. Thomas, which we made on the following 7th, coming tw before the yaown apd fort of St. Themas, in the barbor of St. Anna ie Chaves. We left this port on the Sth, and on the 24tn ‘we let go our anchor off Kabenda, with the prospect of , ending our Christmas on ite waters. Batween this point a ©@ Mayomba we cruised for # month, when, in obedience to We Mag officer's instructiong, we proceeded to St. Paul ‘Voaniio, anchoring in its quiet bet well filled harbor on tee «= - Th Of Janvary, 1860. As usual, the Marion has ween ‘“ligently attending to the purposes of ber commis- sien, } \er commander permitting no infringements upon the imt weets of our commerce, gettioments or private yights, . *Y Suthoritative imposition on shore or at sea; one © minate investigation of all such attempts der bis cognizance, be hes octablisned im the com’ an ose on this const wh: minds of “Ver doubta of the fact, the conviction that fame upon | Sar governm Wt if prompt in the exorcise of its protective power over it: citlzenr. It would be well if other parts of the world w ‘© under the same respectful impreasien, eB lnere seeme © De no abatement me to the arrival of 8 VERE hymen fa and Loando coasts, ‘of which bh escaped wits negroes, agd others pen ‘with them b; ‘he English For ‘urselver, we can merely board, dism. ws the siaver to procare ber cargo, aad be langhed at by the traders and Eogiiah, as the de- of your New ¥ "ork jadiciary have cleariy demon- gtrased the farcical effer ¥ of with the eompre- unsive inetroctions of we Dopartment, or at enerve our (Wg to the degrating proetita. = °F atch tt te sudjectes! prieipally by forviguers. ‘A rather severe comme€iary upon the decision jx je tbe retorn of Mor. 7 | however, actively en} | ana IY Peeve wee ne gan, vor former ebef male, if treme om th Vincenpe Decr tho charge’ of piracy, hay Tecra ape Roghsh steamer Pluto, wh 8 t », Thuphag aa ibe commander ofthe Orion wo gute #8 868 negroes under batches. with Tu the Jast fuur months some two thousand and odd nrgroce have boon Ieee onhet slavers captur ea by the eb, and as more, | am dispose ,“ ay landed on the Gaban coast Aw believe, The equadron, under Commodore Wr I to repree’ 4 Inman, are, 4 ite continuation, é hip Constellation, the steamers Sumter, + Yast hes gone > knot machinery, and consints, at present, of the sloope Portemouth and Marion, with Mystic and Jacinto; the Cadiz for repairs of her fov 1 understand the Mobicar | ~{, “Ot eetauon, and expected here daily. Py the Minne” this reashes you we expect #0 Be 0D cur homeward bound paneace, Dus annatiends Fes tha’, ’our reverend uncle may, in the sbeorbment of polit i excitement, forget us, and as a ro minder to his Exee‘¢eney { must inform bim’ through the agreeable medio of your columns, that our old ship is [Gere | ‘Very titea earrying the fou! bottom she has ge. ved, aud her crew still more so at her lazy behavior. In other respects she still bears her honor as the squad- ron’s yacht, ‘and harmony reigns supreme. The hearty cheer& that will salute from their loved commander to each officer in the ship as they leave her for the last time, ‘Will attest their popniarity as gallant officers, considerate gentlemen and thorough sailors. The weather 1s cool, and would be pleagant but for iw hnmidness, which keeps a ‘body im a state of perpetual clamminess. ’ All hands are in remarkable heslth, and a healthier coast does not exist than the dreaded one of Africa, provided atrict sanitary regulations are enforced. Ed.bles are difficult of obtain- ment, and bere especially sory bieh. Below is a list of the present officers of the Marion, the executive and se- cond lientenants—so termed—Dbeing the only two of her original deck officers:—Commander, Thos. W. Brent; Lieutenants, C. Manigault Morris (executive),Wm. D. Whit- ing, Oscar Stanton; Surgeon, R. F. Mason; Assistant Surgeon, H. M. W. Washington; Purser, Henry Myers; maker, Samm ¥. Turper: Oppin’s herk, Dan, Brent; er, . V. Turner; ‘Cher! . ; Purser's Cierk, John Maciellan. i ‘ Time only permitted me the foregoing hurried remarks, else 1 should have eudeavored tohave written you a more readable sketch of our cruise life. Hon. Hewell Cobb’s Letter Declining te Go Before the Charleston Comvention. ‘Wasnmnaron, March 20, 1860. 4s President of the Democratic State Convention, which acsembled in Milledgeville on the 8th of December last, I take the liberty of addressing you this letter. That Convention met in formity t the long estab lished usage of the democratic party of the State, and I have never entertained & doubtthat it, was reguiar and Proper in every respect. In appointing to - sent the State in the approaching Ghacieans Coaveeation, it discharged a legitimate duty, and in a manner accepta- bic toa large majority of the democracy. Responsive to what J regard as the sentiment of a decided majority of the democratic party, it ited in the form of a recom- mendation my name to the favorable consideration of the Charleston Convention for nomination as a candidate for sppreciated most highly re. gard and confidence thus tendered to me as a free-will offering from the democracy of my native State. Immediate after the action vention to afsemble on the 14th of this month, for the purpose of appointing delegates to the Charleston Conven- tion. This call was made upon the avowed ground that power and duty of calling conventions, and that the act the democratic members of the in eo December convention was an unauthorized us of power on their So far as the record , the issue made by the Executive Committee was with the demo- cratic members of the most unjust and illiberal attack pon ge body of as true and faithful democrats as ever assembled in the State, either as a convention or as members of the Legislature. In conforming their action to the uniform usage of our party for many years, they had a right to expect the Lae od and sanction of their democratic brethren of the . sentaeeninnnd pate et fouling, eg organs, e time the conven- tion of the 14th inet., made a direct and open issue with the action of the December Convention in its recommend- ation of my name for nomination at Charleston, yet the charge was made in different quarters, that there existed dissatiefaction in the public mind in reference to it. Many of my friends who tally sporoved apd that had been done at the December convention, advised with me as to the Proper course to be pursued. ‘The indica- tions were that the democracy of Georgia would de di- vided and distracted at a time when every patriot in the State felt there existed the necessity for union and harmony. Issues rising in le and importance far above all considerations of personal pilin or basteed Bie Ph ines forcing — selves upon us—req ture . protection o' our rights and honor, the undivided and cordial co-operation of every true and loyal gon of the State. With this feeling I ful A hoe |, and determined to direct my conduct accordingly. I therefore responded to those who had addressed me on the subject, and frankly stated to them the course I desired to pursue, and my reasons for it. Whilst I entertained no doubt whatever of the propriety and regularity of the December Convention, neither desired nor would I accept the vote of the State at Charleston, against the will and voice of « majority of the democracy of own State. Indeed, J went further, and said that I could not consent that my name should be presented at the Charleston Convention, it the opposition to me in Georgia, though a minority, should be of such a dl r either in numbers or feeling, as would en- danger that union and harmony in our ranks which I regarded as 80 essential in view of the alarming crisis through which the country was now called to pass. As the question was mate, though indirectly, upon the action of the Decem! remtion, to myself, 1 urged pon ber Sony ptuel te in the movement for the March convention, that there migit De a fall and fair expression of the popular will on the subject. So far as my own personal position in the mat- ter was concerned, I waived all questions of r ity, and legality, desiring to know what were the feelings of the democracy on the subject. It was immaterial to me whether that information came h the channel of a regular or an irregular conveation. learn the fact was my object then, and to act upon it is my purpose now, The March convention has assembled, and its proceed- ings are now before me. Ihave carefully analysed and considered them in connection with the action of the De- cember convention. The result is, that I am well eatiefied that I have received, during this contest,the warm and earnest support of a d majority of the democracy of the State, for which I feel most deeply and sincerely grateful. It 1s clear to my mind, however, that the oppo- sition to me, though not so openly avowed, is equally de. cided. Under these circumstances, I regard the longer connection of my name with the nomination at Charleston as calculated to produce discord where there should be harmony, and distraction where there should be unity. With this conviction there is no room for hesitation as to my course. I must withdraw my name unconditionally from the canvaes; and this Jetter is written for the pur pose of announcing toall who may feel an interest in the matter, but particularly to the delegation from Georgia to the Charleston Convention, that I have done so. I will seek some other occasion to express to those who have extended to me their generous confidence and carnest gopport, my greatful appreciation of their con- rt In common with our brethren of the South, we approach. Acontest involving the issues of lite and death. Fana- tical and unscrupulous enemies, leagued together ina Political organization formidable in numbers, des. perate in its fortunes, malignant in ites purposes, under a leader worthy in every respect of his associates and followers, threaten to take possession of the Federal government—that government which our fathers formed for the protestion of all. This party seeks to control it for the avowed object of bringing dishonor this enemy, by the aid of the friends of the constitution, right and justice at the North is our firs} duty; aud fail- ing there to be prepared for the work of saving the fp vernment if possible—ourselves at least from the I shall contribute every effort which it bond Ind cordially eusinined by the people of Ge cor sui ry the people Towser coms, Hon. 1. T. Invin, President Democratic State Convention. FINANCIAL AND COMMERCIAL. Bunpay, April 1—6 P. M. The movement of foreign trade at the port for the week ending yesterday waslarger than that of the corresponding weeks of 1859 and 1858, though the aggregate exports were less. The import of tea, coffee, hides, metals, brandy and wines was quite large; so also was the import of dry goods, which, as usual, was considerably in excess of that of the same week in previous years; but the export of cereals to Europe was nominal, and that of specie moderate. The following are the figures for the week and the year to date, as compared with the two previous aR 1868. 1859, 1860, Dry goods... . $1,360,641 594,274 1,497,470 Geberal mdze..!! “2'357'804 2741315 3,128,898 Total for March. $3,118,405 3,595,580 4,621,808, Prey. reported... 25,498,102 66,428,096 59,295,976 Since Jan. 1... $20,216,667 685 63,017,890 Export Excuveiva or Sprow. 1868 1859 1860. For the week..., $1,344,083 1,726,436 1,688. 836 Before reported... 12'647,197 11'547/862—_17080,024 Since Jan. 1,...$15,891,210 18,273,988 18,777,800 Exroxzs or Srscm. 1858. 1859. 1860, $115,700 1,843,059 706,006 10,048,906 71841208 3,141 581 Since Jan.1,,..$10,104,726 8,084.64 “S,ae7,b07 The week was marked by further sacrifices of dry goods. The goods “slaughtered” at auction have been principally dress goods, and mostly of French and German manofacture. A large pro- pertion of these are doubtless sent here on account of the foreign manufacturers. Staple goods are said to be generally selling st prices which leave the importer a fair profit. The heavy Southern trade is generally ‘over for the season; bat the West is taking more goods than was anticipated, ‘The favorable weather encourages bright hopes of the crope this year, and indnces Western mon to bay and city honses to sell on credit more than they would otherwise do. Domestic goods cortinue to be wanted at full prices. Tho glut in our market {s confined for the most part to dress 2000s, fancy, silks, ribbons, laces, &«. Our cotton market has been very dull all the | week, ond quotations are almost nominal. People are all waiting for the long promised decline in re- ceipta. Thus far, there is no sign of anything of the kind. The receipts of the week ending on Tuesday, were 95,000 bales, against 75,000 same week last year, and 97,000 same week of 1858; and we Jearn by telegraph that the three following days showed the same ratio of increase over last year. These astonishing receipts are leading many to look for a crop even larger than 4,500,000 bales. It may be remarked, however, that, in the opinion of persons best qualified to judge, the cot- ton which remains behind will not prove good enough in quality to affect the market for staple grades. The foreign advices are more favorable for breadstaffs, the Liverpool market being reported firm at an advance; but thus far our market does not respond, and prices are, if anything, a shade lower than they were a week ago. The course of the market has bitterly disappointed speculators, and there are many holders ready to realize at the least advance. The receipts here continue moderate. At Chicago the receipts of corn are very heavy; wheat is not moving yet, and the re- ceipts of flour are hardly in excess of last year. Another week or two will probably witness a dif- ferent scene. Groceries and general merchandise are generally quiet. Tens are selling fairly at auction, but some importers, not satisfied with ruling prices, have been reshipping to London. Sugar is steady, with- ont much doing. Wool is quiet. Coffee continues dull, buyers not being willing to give as much as holders demand. Iron is very dull. The late ad- vices from France have revived speculation in brandy, which is held very firmly. The banks should show a gain of specie to-mor- row, as the two California steamers have arrived since their last report was made—with $1,054,000 in gold. There has been some movement of coin westward, but this has probably been counter- balanced by receipts from the South. The last bank average of specie was $23,286,204. The re- ceipts for duties during the week have been heavy: the Sub-Treasury balance yesterday stood at $3,- 026,493, against $8,122.672 at the close of the pre. vious week. This time last year the banks heid $25,732,161 in coin, and the Sub-Treasury $7,680,- 552. Itis apprebended that the bank discounts will show an increase to-morrow. The pradent conser- Vatism evinced by the two last bank statements has done much to strengthen public confidence and to encourage sound trading. More money has been offered at the discount houses, and people who were wavering on the brink of new and sound en- terprises have decided to embark their means in them. Should the statement tobe made to-mor- row show a large increase of discounts, all this good will be undone, and merchants will again be- gin to curtail their operations, and make all anug for the fall. Before 1857, a bank expansion was asource of contemplation among merchants, and it was the period of curtailment which was sppre- hended with anxiety and endured with suffering; now the case is reversed—it is bank expansions that merchants are afraid of, and bank curtailments which render them hopeful and easy. The last loans colamn footed up $127,613,507, against $128,702,192 at the same period last year. Money continues to work with remarkable ease. ‘The revival of speculation on the Stock Exchange hasinoreased the demand for money in that quar- ter, just as the revival of business has caused the value of money to increase in London; but at the discount houses we notice no change since last week. We therefore quote as before, first class sixty day paper, 5 per cent; longer paper, same YORK. HERALD, MONDAY, APRIL 2,, 1860. Scuthern has fallen bask, and is inactive at $2. Tse | earnings of the latter are increasing at the rate of | 30 per cent; the earnings of the former show but litde improvement over last year, thus far. Nothing further has been developed with regard to the ap- proaching elvetion of directors of the Southern; it is known that large purchases of stock have been made by parties who seek to obtain control of the property. A scheme of scaling the stock and bonds has been talked of; but there is no chance of its being agreed to. The second mort- gage on the Michigan Southern is an admirable security, drawn with the most elaborate care by practised lawyers, and covering the whole property. The first mortgages were made at a time when anything in the shape of a railway bond was eagerly taken, however loosely it was drawn. It is not likely, therefore, that the holders of the first mortgages on the Michigan Southern will be disposed to give the company any trouble; while, on the other hand, when railway property recovers from its present depression—an event now not very far distant—the Detroit, Monroe and Toledo bonds, held by the Michigan Southern company, will suffice to pay off the floating debt. It is not likely that there can be apy dividends on the common stock for some yeara to come; but there is no necessity for) any scaling of stocks or bonds. The gross earnings of the Illinois Central continue to increase large. ly; a good deal of curiosity continues to be felt with regard te the expense of working the road. itis known that the cotton, sugar, &c., carried North do not leave any profit; but the corn, of which Southern Illinois is full, must re munerate the road handsomely. The report has mude a decidedly unfavorable impression on the public mind, though, doubtless, the board are pur- suing the wisest course in assessing their stock. The demand for State stocks and bonds continues to increase, and very choice securities are be- coming exceedingly scarce. It is not easy to find a perfectly safe security which will yield over seven per cent interest to the holder. As railroad business increases, railway bonds will become more popular, and the consumption of them more general. State stocks have been da- maged somewhat by the narrow escape which the market has had from an avalanche of new Missouri sixes, issued to the railroad schemers of that State. The law passed by the two houses was only vetoed by the Governor at the last moment, and simalta- neously another extra session was convoked. It remains now to be seen whether the Missouri legislators will waste more time at Jefferson City, doing the work of the railways. The New Orleans Crescent of the 24th instant, received by Adams’ Express, reports the exchange market as follows:— ‘The counter rate at the banks for checks on New York was steady at % prewiam. Outside, though there was very little done, the rates for sight drafts on Boston and New York ranged at from par to '; premtom. In time bills there was very little done, from the fact that there ‘were very few offerings We quote Al sixty days’ sight at from 1 a 13; and 1% per cent discount; good to fair 1% a 13, and 14 discount. Sterling stiffened to-day. were sales of clear bills at 108 ¢ #108 5 ; the deslera’ buy- ing rates were from 108% « 11034, and a fraction over for something of the very nicest . In dank bills there were rales of some thousands of pounds at 100. We quote extreme rates for clear from 108% up to 108%. In docu- ment bills the transactions were limited. We quote 1074¢ 2 107% and 108. Very little done in francs to-day. Bank rate on Paris direct 6.161¢ 05.15. Outside rates range from 6.28% 9 5.18%, and dull. The Cincinnati Commercial says that “there is a strong disposition, if indeed there is not already a formal resolution to that effect, among the New York associates who completed the Eastern Divi- sion of the Ohio and Mississippi road, to allow the mortgages on that road to be foreclosed. A re- ceiver talked of, and Henry Hanna and John Durand have been named in that connection as fit nominations. CITY COMMERCIAL REPORT. Sarurpay, March 31, 1860. Asurs.—The market was steady at x0. for pots and at 6c. for pearls. Bueapetorrs.—Flour—The firmness of holders tended to check sales. There was little or nothing doing for ex- port to Europe, shippers not being disposed to enter the market at present prices. The transactions embraced about 6,000 07,000 bbis., closing within the following grade, 5} 0 ¢}y tingle names, strictly prime, 6 0.7; peice gustationa:— as 16h 590 second class, § a 10a12,&c. Loanson call go at 5 | ExtraState.. 562 a 5b 3 per cent, when the security is desirable; parties Petia Me fa : wae borrowing on some of the less popular railroad — pommeee se a 1 stocks must expect to pay6 at least, and capi. | Mixed tom ewe O18 6 VB talists leaving balances on call with brokers seldom | Choige extrs lamily snd sakere? brands... 740 © 6 00 t over 4a 44. Rye flour, oe 365 @ 440 ai f Corn meai 355 a 415 Foreign exchange closes with a firmer feeling than was noticeable a week ago. We quote ster- ling bills (bankers’) 1083 a 109, fair business hav- ing been done for the Saturday’s steamers at 108}. Mercantile bills range from 108} to 1083; some Southern bills, without endorsement, were sold on Friday at the latter figure. The demand for francs is fair at 5.16} for city bankers and 5.17} a .18] for all others. At this time last year the current rate of bankers’ exchange on London (60 days) was 1097. We must now expect an advance in bills. The cot- ton shipments are falling off, and the foreign de- mand for pbreadstuffs, so Jong expected, has not sprung up, so that in a short while specie will be our most reliable export, and must flow abroad freely. The course of the stock market during the past month has been as follows:— Mar. 10. Mar.11. Mar.24. Mar. 31. +. 825 80% 309 ¢ 7 82 4 —Canadian flour was quiet, and confined to 100. 200 bbis. at $5 50a $7 50—the latter figure for extra quality. Southern flour was heid with increased firmness, whil sales embraced about 1,100 bbis,, closing within the rapge of the above prices. Rye flour was steady at quo- tations with fair amount ot rales. Corn meal was un- changed and sales limited. Buckwheat flour was dull at $1 6234 a $1 76. Wheat—Sales were checked by the firm- ness of holders. A small lot of 500 bushels amber colored Western was sold at $1 50, and 1,400 do. fair white Canadian at $1 57. Corn was more freely offered, and prices were easier. The sales embraced about 4,000 8 6,000 bushels, including inferior New Orleans at 69¢., Western mixed at 703¢c. a 710., unsound yellow at 723Zc., and sound Jersey and Southern yellow at 73c. a 74c. Rye ‘was heavy, with Bmail gales at 830.a 85c. Barley was iu good request, with aales of 8,000 bushels State at 800., ‘and 800 pushels barley malt were sold at 90c. Oats were firm and in good request, with sales of Western and Ca- Radian at 420. a » and of State at 43)<c. a 440, CorFax was held above the views of buyers, while sales were limited at full prices. The stock of coffee on the 1st of April, 1860, was:—Rio, 6,025 bags; Bahia, 5,210; Mara. caibo, 2475; Ceylon, 8,060; Porto Rico, 1,250; Singapore, 4,664 mats. Total, 17,364 354 zs 1 622 ‘mats; Java, Oeste market ws heavy, while prices were Steady. The sales were confined to about 300 a 400 bales, on the basis of the following quotations:— NEW YORK Missouri 6’8......... The advance in® stocks, which we have had to note in our two last weekly re- views, has been maintained throughout the past week, as the above table shows, and con- siderably higher prices have been reached foral- most all classes of securities. New York Central stock has been, as usual, the most active security on the list. On Wednesday and Thursday heavy purchases began to be made by & commission house which is supposed to act for the George Law party; these purchases were renewed on Friday and yesterday, and the market was relieved of a large quantity of stock. Under the stimulus of these purchases the price advanced to within a fraction of 80. The operators in Cen- tral say that they expect to see it sell at 90 per cent on the adjournment of the Legislature, with- out passing a tolls bill. The Western shares have not advanced as much, though all of them are higher than they were. Cleveland and Toledo has been in demand at an advance of 4.5 per cent, due mainly to the increase in the earnings. Judge Fitch, of Port Clinton, has decided, in the case of | the Port Clinton Railroad Company against the Cleveland and Toledo, that “the plaintiff had shown no rights which the Court was bound to protect or enforce.” The suit was brought to compel the Cleveland and Toledo to ron their northern line Galena has been growing scarcer in the street. A h ab $5 6d) and Pigs at $5 873, atic. cash. We quote bar at 64<c., and pipe and sheet MC —Sales 300 dbis. Cuba muacovado at Bic., ‘were making at $1 and nominal. Olive oil was in tales of boxes Marseilles at $3 50 a *. firm, with ales of 650 bbis., incinding country meas, at heavy falling off is expected in the traffic of the | St ¢pA$i0 Bl, and exrnet Sila $00 tek ee fourth week in March, as that week last year was | extra ‘ois Keg stead) bams were 1, with a very busy one, and gave the road $33,000. In on neta it Tn <n ree " April, however, the traffic will certainly be in ex- | ribbed miadles at 10%c. Cut meats wore stoady cess of last year. The Rock Island resumed its po- sition last week among dividend paying se- | active, though. some jess buoyant: the ‘alee embraced curities. We presume that until another | Sbout 660 DI “soothe eachliee 1 the intter Sgare toe ate. crisis, complicated with @ crop failure, over Rice.—The market was less vant and active, with takes the country, the road will conti- | Sales of 160 casks at 4c. a 4/0. market closed 3/0. to ¢0. decline from the previous hi quotations. The stcck of rice April 1, 1860, was 12,072 Werces, against 9,665 do. at the same time last year. Saxn —The market for clover and timothy was inac- nue to pay regular semi-annual dividends; nor is there any reason to suppose that they will be less than 78 percent. When the Rock Island sus- | tive, while small talce of the former were at Tc. pended dividends in 1857, it had a floating debt, in- pint ned timothy at $2 37% @ $3 69%, chiefly to curred for new constractions, aid to connecting | heroand ta, Doston pent ab tag ey een rerold lines, &c., &c.; all of this has now been paid off, and the road is in better order than ever, with a new feeder-—the Missiesippi and Missouri—in pro- cess of repid construction. Michigan Central has taken ap upward start, and sells at 45; Michigan the other aay ai $1 673¢ at GOand 90 days, adding SvGars were in good demand and the market &rm. The sales embraced abont 700 bhds , inclnding 70 Porto Rioo, at 7c. a Bc., and the remainder consisted cuiefly of Cubs murcovade, part, at6%e. a Te. The stock of sugars April 2, 1860, wes:--Cuba, bhds , 26,068; New Orleans, ' quirements prior to shearing time, do not press aales, some believing mess must be done before Mey, and be realized. We submit a corrected list which, in the absence of sales, must be considered nomi- nal, viz. :—American—Saxony fleece, per iD., dc. a 586. ; full blood Merino, 48c. a 520.; 34 and % Merino. 430. Ate; native and x Merino, Ste 380. 42 ‘2 47c.; superfine, pulled, ; No.1, q S0c.; lamb’s, pulled, Sc. a 380; alutrake, fier washed, 20c. a 28¢.; common, unwashed, 10c. a 18c.; Perovian, washed, 26c. a 34c.; Valparaiso, unwashed, 1040. T1jgo ; South American ‘Merino, unwashed, 266, a ‘Mestiza, unwashed, 16c. a 25c.; common, washed, 0c, a 18¢.; Entre Rios, washed, lho. & 18c ; unwashed, ;, Cordova, washed, 20c. a 2l¢.; Cape Good Hope, unwashed, 270, @ 30c.; East India, washed, 12c. # 25c.; Aincan, unwashed, 9. 18¢.; washed, 16c, a 280.; Smyrna, unwashed, We. x 18c.; waned, 22. 3 Mexican, unwashed, lic. SHIPPING NEWS. Movements of Oecan Steamers. arriving at Havana, , ‘Havaaa ‘ork. 28th Cauawsa—Prom New York 12th, arriving at Havana 7th and ney Oe sy aaa ‘New Orleans 27th, Havana 30th, arriving ot New PuiLaDeirma—From New York 17th, arriving at _ 234 and New Orleans itu. From New Orleans 6th, Havana ‘Sth. arriving at New York 13th Dr Boto—From New Yerk 7th, arriving at Few Orleans 34. From New Orleans veme Lith, ar- riving at New York 19h. Quaker Ciry—From New York April 4, arriviog at Hs = From Havana March 26, arriving at New York ‘Mataxzas—From New York for Matanses on the 8th of each month, at 2 PM. Havana lst aad Ba on }, exeept from New Orleans. SPBOIAL NOTICE. all pocteggy ond laters tntended for tho Naw Your Munsra ARRIVED. Steamship Bavaria (Ham). Hensen, Hamburg, March 15, via Southampton J8th. with mdse and tab passenaee to ‘unbard & Co. Had st terly winds ange. March 25. ai 6 St ton 24 20, spoke Br bark Retriever, Lo Arrived off Castle and water caake to keep Brig Zuleska (of Boston), “Brig Stren (Brot St John, NB), Cremor, Matanzas, 26 da with molneses, to PI Neviua& Son, 5 int sg EE® Aurate of Davis, Oardenas 9 days, with ve Hie Rliaabet, Thorndike, Galveston, 18 days, with coffes jer. Sehr Eureka (of Portland), Crosten. Malaga, 40 days, via Gt braltar 96 days, with fruit, to C & £ J Peters 16 int 2 42, lon 60 30, ap ke Berlin, from Havre fora Southern Rert, 2daysout The E bas had heavy weacber, and been 14 ra W of Kermuda. Schr Frederick. William (of Se ,Bendleton, Dey Harbor, Ja, March 4, with coffee &o, to fe F Buck & Go. 14. off Cape Florida. spoke sehr Susan & Aon. from Mole for Bewion "The ¥ 4'W ina Bad very hoary” wentber, and ost Bekr Margatet Dill (Br, of ou ; Ju TS dager wih catice a io Se Whee, heey & Oa ral Rehr Morning Light(Br, of Lunenburg, 8), sestauer, Mays- wnez, PR, 16 LF Mlem be then master. Beir Venloo (of Bangor), Cosson, Balloes, PR, 19 days, with EREEIECELEES {3 3 ¥ Ets itt E PRREEREEEREERE ee #2 i ‘ i i ? i Tl j | BELOW. Ship Roys! Victoria (Br), from Sanderland Mas from Cardenas for Philadetp teeltwer Bey snd ccchurets oslo rake teed ‘SATLED. USatoreahip Falmonth, Aspinwall. Wind during the day W3W, with rain at sunset. ~— WMisecllamcous. ep tedein tr oe Dated (‘ate whaler), has been char- Siar Wren, Bultman, to Bourabaya for ot atbore, and had to pay 1000 guilders to a pteamer io. get Barx O J Cuarysr—Fifteen men (about half the em- ‘ st Now Hodiord im tor wages J Oheffee, arrived atrack Ronn Ney, whieh bas been ashore for sometime 8 of Cape Henry, remains tight, and will be got off in a woe A Laver Sone, with three ji ho white Beeps, amar loaded. was Rey Tho Ledge Detaware annie. March 12—The Saranse, Wencke, for Galveston, leaky. thas put back Bora Kona, merican ship Red Rover, Putnam, arrives bere mo Basak in shifted and pant 100 tone rown overboard, he ving € oad wea ther Choe Ses: ber! heen strucs by asquailand throwa eam ends Jan 16 Morn, Grecory, from San Fransisos, arrive’ thie . Roan After leaving that port n Yeam waa disnacerad, 294 the abt wan found MARI ew grest ans) of water pumps ovtiewal pring: so na Knot Been for the patent appacsta atached she condo not have powalbiy Rept afloat On Sub inet, carrie! a ay fore topgallanimast s by > ee i Ey #: th Vincent wi BE ees ese gi EF or : Dry Hazsor, Ja March 4—No Am vessel fa port, ees, Feb 4—Arr Edward, Frost, Calcutta (and ald 16th for i do, 100 do; brig Hopeton, ow, Bigplenn, ISS: Crowell. WB, from. Verd Talands, no date, ‘oll; 24th sebe J @ Jan 14, Courier, 3; Feb arch 24—In port brigs png g? dng dayne for Nvork 6: Wart apie, om “io; ead ours. wee 5 ‘by, Howard, Brusch, 23 days irom Dexcensat, March 10-01, Therese, ‘Hohorst, from Bremen bo) Bono "coxa, Jeu 10—Arr Black Warrior, Mi ‘rancieco; 22d, Lotus. Sid 16th. Flora, Warsan, San Francisco; 27th, Wimard, Weod- 5. mers usron 2—18 brig Velova (not Bellona). Bar. para, 'Babia a Hon ia Boa bathe Seer, ‘Crosker, Bagua; An: At do March 3, Iste or Wicnt, Or! avre LivzRroot, March 17—Adv, Canadian 2lnts Ni ‘Mood! York log sehr ort. Dunning, diag. Cid cKensie. N doutn, Ni NYork 17th; Anita Owen, March 16—Off, une. Sr Jonx, NB, March 24—Arr schr NYork; 25ih, brig Morn Btackbouse, PORTLAND, for iguviras, March pect pert beige Ow fea Gui, Vatraraiso, Feb 15—In paral, a ton, ¢ i Jos Whitney. Jovelana. ; Josephus, Diggs, Caripbean Sea; Cardenas; Reich Laure’ Crook. ‘Ran i AXidcleton, Jr Sipple, Matanzas; font Sipp! rat des Barre Dae; C} Rover, Putnam. Ban; 4 i, Malid Lee, or 'rancteoo. a Elizabeth, fe, for Halitex snd NYork Dah: for NYock iat; Perala (, Sudkion, Manus, Jan 24—In port ships Southern, ‘Winged Arrow, Mather ; Fuged Arrow, ws. for Boston; Aurors, Bone te ight, Denne, foe ‘Ban Francisco; Sen Lectie, 40; Raven, Crocker, York; : 23d A) Boston; he Bydney, NSW; 28th, Norgrave Philadelphia. Bs well, Stover, for NYork; K. een. i: Joun Ouran Alerinase, Queen. Ba r, Hopkine, une. if, Marshfield, Torrey, from New fear Feed In port Elizabeth Ann, Frits, NYork, Cid T strong. Liscum, ‘ork. Rost via Norfolk Moore. Windies; Rolf (Dan), Christi sehrs RH rhannon, Martz, : aA 4 & H adams, Binexiey wists Pog hae and ‘Naiaa » Bulee, Ps lence. Geyer Deana Nera ech Ce Oactane OBARLEST Un, March 2—Arr_steamabip_ Isabel. Havana and Key West; ‘Casals. Cardenas; chr Vi a, “Davin othe the bark Modena, pane acne Sa at wo paiva Glee arte gears te ee ee mos f Lee arch 2—C1d ache , Giimore, Sacer ue an Goh, hale ee id 13 MORFOLR, march BOS woke Amelie » Weeks, RCRD, March S1—Arr stonmer Darlight, Soring. oN Saey ‘Ann 8 Saler, Fish, Werebam do. iameer Weroeutia Arey. 404 échr Au , tors. PHILADELPHIA. ‘Sle-Arr Malony, Steelman, Mobile; sebre Jos B Mitchel! ‘Waplee, Martha J Gause, Smith, and Bizabe:h, iors Sores Old brig elie, Wells, Feraasga yor s. ; Bonears, oor: 'P Sprigoe, Mathews, Boston. a gaa b Lincotn ether, Metansan wy AB Pire, ore. oebr J F Carver, Rumrill: Havasa. SAVANNAH, March Hosen, Robert Sardi; Bremen; ochre 1. 8 28—Arr steamship § R Boston: rebr Richard Vanr, Fraok Norn. York. et, Dver, Liverpoo: hark ML Frank, Davie, Pisner, aad L Sorenson, Azpress, Sundberg; Meldon, Botton; Quiney, Sparta, a Howes, and for N achr Okolona, from Mo- Chat to load ore for bres ri WoorunG, Jan 20-—Arr Judge Shaw, Parker, via Mia Bld sa Game Cock, Jayne, Nagasaki; American Ports. Bt (A wo Slax slim aldo 2 F fin Gb ep, Waller Irving, Buaaile do 280 op. 00 lack tied Barboges Mareh & wig Laie Sone, Ons ose NB, toy ‘Staples, ‘ortland: j jure (88), ‘Prince, Gilmour, ‘2th, ech ifs