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§ COLLEGE COMMENCEMENTS. mtof the University of New York. twenty-eighth annual commencert University was celebrated yesterday morning, at ’s. The faculties and studei Jniversity , to- r with @ number of disting > gentlemen, astembied wreity at ten o'clock, an ing ‘at Niblo’s, a crowded au ng, Composed, as is usual upon such occasions, for nost, part of the fair friends and relatives of the ycollegians. ‘The excellent band of the Seventh re- vt, unider the direction of Signor Grafulla, was in at- neepand, as will be seen by the programme further he Gélections of music were very choice, As the ssion entered Gre ball the March of the National twas played. ong the distinguished gentlemen upon the platform tice@y in addition t@ Chancellor Ferris and the 4 faculties of the University, the following :—Chae, ¥sq., LL.D., President of via College; the Row. fewitt, Rev. , Revs Dr. Clarke, of Brooklyn; Rev. Dr. Newell, C. Werplanek, Keq.; Hon. Goo. Opdyke, Myndert chalek, Thomas Sudern, John P. dotuston and others, g the distinguished medical une, Professor in the Me of the New ‘ary and sci the couneil room of the formed a procession. On pee was found in rity, whose name is considered throughout Europe of the drstamong American physieians. opening prayer Was offered by the Rey. Dr. Prrnis, won af the University, after which the following bserved as the ‘ORDER OF EXERCISES, ‘ atin Salutatory Oration, Albert C. Bishop, New ish Salutatory Oration, Albert % Gray, New yration—The Focus of the Sciences, Eekive Uhl, keopsiey N.Y. ‘nilogophical Oration—The Philosophy of Nature, B. Opdyke, New York. Wratdiereban! uess of Character, Benry J. Crane, dilford, Pa 'raten—Doprayed Public Tastes, John McVey, New ‘ration—The Connection of the Soul with the Body, dW. Ely, Chester, Coun. ration—Saying and Doing, Edward Abbott, New vration—Aspirations toward the Infinite, George D. New York. yratione—The Moral Balance to Intellectual Greatness, ¢ Fitzsimmons, New York. Oration—Poetry of Commerce, John C. Shaw, New Oration—True Government, A. A, Eediield, New Oration—Readers and Thinkers, with the Vatedicto- tresses, Wiluam H. Phraner, Jamaica, L. 1. orations delivered by the young gentlemen were vellent, aud refiected credit both on their own “ship andupan the institution from whieh they go 5 graduates. And judging from the quantity of tlo- yutes im the shape of wreaths and bouquets show- ‘pon @ich and ail of the speakers, their efforts did k appreeiation with ihe audience. ng Whe delivery. of Dr. Fitzsimmons? oration two Jay ma Genoski and Kese Poimbe—en- he theatre, which materially diverted the attention audience from the exercises on the stage. They cats in the dress circle, where they were soon be- by an anxious crowd of autograph seekers, whose city certainly prevented the Oriental visiters from ng much of an insight into the workings of our onal institutes, if that was their object in attending mmencement. order of exercises given above having been gone o with, the degree of Bachelor of Arts was con apon the follow ing candidates, in course: —Elward New York; George D. Baker, New York; Albert op, New York; Henry J. Crane, Pe 1 W. Ely, Counectient ; Charl Albert Z. Gray, New York; w York: Jobn C. Shaw, New York; ork; Erskine Uhl, Poughkeepsie. bf Bachelor of Science was conferred upon good, New York, and Aunius P. Scharff, ated of superior merit were awarded to Wm. fonkers, and Rufus King, New York. rary degrees were then conferred upon a pumber emen, a8 followe:— r of Arts—Rey. Chas. WBaird. r¢ ev. John McMillan, Kiroudbright, 1; Rey. William Ormistop, Hamilton, C. W.; Rev. \ Hogarth, Detroit, Michigan; Rev. J. BE. Caldwell w*, President of Anama College, Southern Texas. ro Law—fev. John D. D., Belfast, Ire- obert Hogg, England; Hon. Henry E. Davies, Judge tof Appeals and Justice of Supreme Court of the New York; Hon. James J. Roosevelt, late Judge | supretae Court of the State of New York, District y of the United States at New York. S were, then awarded to the following suecessfal tors sin the Freshman class, the p volarship in Greek, to Daniel $. Martin, New York; best ship in Latin, to James Brown Bur- 4. for the best echolarship in Mathe- to Charles HH. Ladium, Jamaica, 1.. 1. > sophomore class, the prizes for the best ecbolar- Jatin, Greek and mathematics, 0 Marshall Whit- ung gentiomen deseended the platform they. uch applauded, both by their fellow students and ence. xercises were then concluded with the benedicyon —reellor Ferris. ce portion of the andience remained some time in promenades of the garden—some congratulating ng graduates and prizemen, and others engaged in he ornaments and decorations to be used at ball on Monday night ises at this comm ement afforded proof that 1y_ 48 still endeavoring, as she has endeavored r foundation, to do her share in making New York rary,aa it already is the commercial, capital of try. Rutgers College. commencement exercises of Rutgers College, New ck, NeJ-, passed off pleasantly on Wednesday. mbers of the Senior class reflected much credit on vee and Alma Mater. It is invidious to draw Wut we are compelled to acknowledge the y of Messrs. MeNeet and Pumpelly, which, » bursta of applause and bouquets that followed, that they were fully appreciated, City Intelligence. ‘CRE oF THE Monmons.—The steamboat Isaac carried last night to Albany about 600 Mormons, ived im the ship William Tapscott, from Liverpool, wday Bet. A large proportion of them are wo- .stly of English birth, the remainder being Welsh, 8 end Scandinavians. They go via the New York Great Western and Michigan Central Railroads to thence to their town, Florence, some five iniles juncil Bluffs, where they begin their long and totl- areey over the Plains to their radive, Salt Lake ‘Wry are late in the season, will undoubted! zach from hunger and cold before they reac! Some eleven eo are wy, on ere ware company lea! night the of Elder Calkins, wae radia’ cession of five wives, with @ prospective increase rated The feet 9 inches deep—the towers is will be of brick and the front ©. The building Will be forn wi sides of tts interior, and will aocommodate 1 a |, whe was drowned by the capeizing pout of Glee Cove, L. 1, on Tuesday afternoon. ‘yfot ede, w hiekers: and bis linen heed with his name. ved, wail be of a select character. and many od Frevehmen have signified their inteution of @mocklyn City News. scant RORPORED Fatat Arrray—An inquest wae | Institute, 290 Washington ‘Farrell, who died at his " Dre. Wha! tte, t in effect that ture. were some fight. A of “Death » at Cannon, who had Sewn Aertel, Wi te 1 SrRCCE BY Lior. —Tihe cupola of St. Paul's wm the corner of Court and Congress streets, was ‘ lghining on Wednesday atzernoon. Tro wood or z was somewhat splintered, beside ' Was caused, ooxrrs Yacwt Cicn Reqarta.—The annual Jase (the BrooRiyn Yacht Club was to have takea terday, but Was postponed until Monday nest it of a base ball Match, in whieh tho members sand whieh Place near the Yacht se ip the afternoon. Several valuavie prizes are rded to the winning yachts of ench class. reyer oF Extextarstye Tum Jaraner rv Pati a- -The total expense of entertaining the Japancas oir recent Visit to Philadelphia, was but about BF elal which attended their recep: capmittee appear to baye been remarkably pro- > r expenditured, Dr. Strong, Rev. Dr, Potts, Rev. Dr. | ize for the | vince - | Joos of chagrin, for having allied themse! NEW YORK HERALD FRIDAY, JUNE 22, 1860.—TRIPLE SHEET. THE TURF. The Fashion Course Spring Mreting— Third Day’s Racing—The Four Mile Meat Race and Handicap To-inorrow— Great Race tor Twenty Thowsend Dol- | \ars on the Fashion Course Between Pla- | met, Damicl Boome and C aree, the Three Best Horses in America—Flora Temple and George M. Patchen Again | Matched, ec. The third day's racing of the F spr coting, came off tors was not more hion Couree (I. 1.) The attendance of r an on the preceding et it comprised the élite of the sporting and taebion- ircles, Towlay the assemblage is likely'to bewery 8 the four mile race dayris regarded ae the most interesting and fasbionable of the meeting. ‘Tniad- dition to that race, two handicaps will be run‘for, che entries for which will be found below, and we have no hesitation in stating that the programme of sport ferro- | day is the best and most tiberal that the energetic pro- | prietor of the course, Mr, Brenry Colton, hag yet proviied for the New York public, | The firet race yesterday wee the three mile heat race, for whieh only 4wo horses were entered, viz, Throgenesix and Irona. The former, in coasequence of his easy de- feat of the once famous four miler, Nicholas {., in the handicap of Wedmesday , was the favorite at the odds ef | $100 to $25, and oven at these lamg odds Jitile money was vested, tine ay ance gad blooming condition of | the favorite fright most of these inveterate takers of odds who are always to be found.en the race course from | Backing his. Apreccniaty who was evidently nob | for the weaf and t a three mile beat race. soon after the time advertised the judges entered stand, and summoned tho two horses for the = 7 FIRST RACE. Proprietor’s puree, three mile heats, of $700, C.& Lioyd entered gr. h, Throgsueck, by Crack- ery out of Sally Ward, five years (olue jacket uct white cap)... + Fe oe By Thoe, Doswell entered gr. m. Trona, by Register, dam by Prince George, five years (blue jacket and Cap) sees | | T 49. | Freer Hear.—Irona had the inside, and after one false { } ous large, ery, sepeetecesctenccewesenons B GR, start, a good send off was effected. fhrogsneck soon | showed im adyance, pulling double. He kept ually increasing his lead until, on the Mansian fouse, | was two good lengths in . His rider now im- proved the pace, which up to this point had been wretch- ed, and going on with his lead passed the stand, the first time round, «x lengths ahead. Going around the upper side of the course Irona began to deerease the gapdetween ‘them, and on ehe far side nearly reached hi Throgsneek now improved the tacit and on the segoud mele full of running and four lengths ahead. He maintained and increased his lead all the. way reund,., the gray mare laboring lessly in the rear, and mak- ing it a mooted question whether ebe weald not ve dis- tanced. This misfortune was spared her, however, by. Ube connivance of the jockey of Throgsneck, strong pull at his horee, and just enabled Trona to eave herself from being distanced, the horse wituwing in the hollowest style imaginable, The mare was subsequently drawn. Time—6:19. Track heavy. ‘The next race was for the proprietor’s purse of $400, mile heata, best three in five, and had three entries—Pau- line, Resa Bonheur and Starbeam. Rosa was the decided favorite, selling in pools of $200 for $135, while Pauline brought $40 and Starbeam $25. The betting, which was very limited, ranged about $100 to $40 on Rosa Bonheur; Pauline. who was fancied by some few, being backed at $60 to $100, while Starbeam’s name was never mentioned, Proprietor’s purse, $400, mile heate, best three in ive. Thomas Doswell entered ch. f. Rosa Bouheur, five years (blue jacket and striped cap).........+« 1 P. ¢. Bush entered ch, f. Pauline, five year: bine and yellow jacket, White cap)......+..+6 22 C. Lioyd entered ch. f. Starbeam, tive years (blue jacket and white Cap).......-.csecteseeeeeees 3 8D Time—168—1 50 4—2.0;. Finst Heat.—Pauline took the lead and carried on the running, With Starbeam lay og next, and Rosa Bonheur under a bard pull last of all. On the ead Rosa went upto her horses, and Star! |, went on with the running, closely attend by Pauline. Those two, almost locked together, raced to the étraight run in. when, about half way up, the favorite came away, ant although Pauline strove hard to get up, she was unable to sueceed, and Rosa won by half a length. Her jocky rode with excellent judgment, and deserves credit for the patience and skill he displayed in this heat. The track ‘was very heavy, especially ou the far side, which ac- counts for the time made—1.58. Rosa, who was backed to win at $100 to $20, without much business being expected. Pauline went off as usual with the Jead, Rosa lying close up, and Starbeam some two lengths fn the rear. On the fur side Rosa Bonheur challenged Pauline, and for some distance a beautiful and exciting struggle was wit between them. Coming | round the turn into the straight, Rosa drew abead, and, gaining at every stride, passed the score a length and a half ahead, in 1:693g; Blarbeam being half a dozen lengths behind the second horse. ‘Timmy Heat.—Any odds now offered against Pauline and Starbeam, $100 to $10 being the current quotations. A good send-off was effected, Pauline and Starbeam being first and second, with the favorite lay: handy at their quarters. On going round the upper side, Rosa went up and joimed her horses for afew moments, when, ban 4 them with the most consummate ease, went on the running. She maintained ber lead half way up the | distance, when her rider, thinking he had the race in the t, a hand he New York Hotel Handicap, one. and a alt bh, wil be Fun for. F following six 100 pounds; P. C. Bush’s Pauline, 94 ‘sb. c. Trovatore, 90 pounds. There for beaten horses during the meeting, two weights to be announced after the last lal day's sport may therefore be confidently and We expect to see a very large atteudance to witness to-days racing. Letter from the Pope to the Bishops of Canada, ‘The Pope has sent a reply to the bishops of Canada, to | their address to bis Holiness, of whieh M. de Charbon- nell was the bearer to Rome. It is addressed to the yene- rable brethren Peter Flavien Turgeon, Archbishop of Que- bee; Ignace, Bishop of Montreal; Joseph Eugene, of Bytown; Thomas, Bishop of Three Rivers; Adolphe, Eandwich; John Charles, Bishop of St. ya’ K coadjutor Bishop of Quebec, and to Joseph, Bishop of Moutreal:— VeNERsBLe Breruney—Health and Apostolic benedic- tion. We have felt great consolation in receiving from the hands of our venerable brother Armand, ci devant Bis! of Toronto, whe has arrived near to us, your letter, 80 full of deferenee, date the 2tst of January For. conformally to our desires, each of you united with his Hoek, ade himeelf to God to ask from him the Bue mye be poy have need, both for ourselves: own afiairs, in the general solicitude: and the hatreds ith pain as well as the faithful cnemics have not ceased to gi ‘the = 2 ‘liious subjects, and supporting themselves uj alt new, they have driven from their the te Prince of Italy; and, tachment and have not the revolt into our the patrimony of the ith the interest and | for this reason we are ready to suffer five praise to one among you, } & great and noble cour of the powers of the earth, has a0 i pended and sustained by his writings the rights of the civil principality of the Holy See, We are consoled by | the pious attachment of the Catholic untverse—an attach- ment of which we receive teetimony every day and from every side. Thos we wait with confidence the powerful gnecor ofGod, and we are assured that the most merciful | Tord will receive with goodness the prayers | unanimens vows which are addressed to him | ro author it 32 worth from w 1 you, fn that he willfooa accord & ‘triumph to the Holy Charch. Tn the meantime, for you, the apostol! cority Ce Ay a t, and we give will weto yi the clergy of your churches, Given at Bt. Peters, Rome, year 1860, the XIX of our pontificate, hat the law fine that # a ed in the Tnited Statea apewer any of the shale who take the . We ree that three Fea emered in Clacinnats to | Dr, Hayes* Aretic Expedition, THY KOUTE TAKEN BY DR. MANE, AND Wt EXPT | RIPNCE—TRE PLAN ADOPTED BY DR. DAYES-—its WINTER HEADQUARTERS WHO COMYPOSK THE PAG- TY-~ WHAT TERY INTEND TO \CCOMPLISH—TIME OF SAILING AND TITEIR HQUIPMENTS, EPC. The expedition will sail from Bos the 26th inst., ina fine schooner, fitted up expressly for the dangers of Arctic voyaging, having four boata, two of them modeled after the boats used by the other American Aretic boata, and built of wood, and one Fr metallic life boat, 60 constructed a8 to be readily taken apart aad put together, for the more convenient transportation over the ice on sledges; the fourth boat is only a common ship's boat. The provisions will consist mainly of pemméean and dessi- cated meat. Many articles are needed in the provision and clothing line, and the committee would gladly receive them and forward them on to Boston, ‘A large number of applications have been made within a few days past to Dr. Hayes, by young men who are anxious to visit the icy regions, but as there é no spare room in the vesse), they of course have been refused. By an examivation‘of the latitudes, it will be perceived that the Aretic ocean has amean diameter of about 2,500 Fnglish miles, and, rudely estimated, an area of 5,000,000 of square miles. The lands investing this grand and ex- tensive basin form the southern margin of a great ice velt, which is continuous across the various channels connecting the Arctic with the Atlantic and Pacific oceane, thus surrounding the region edjacent to the pole with frozen annulus. Dr. Kane, whose first voyage as surgeon under Lieut, De Haven, in 1850, had given to him much important in- formation upon the currents and ice movements of Baffin’s the || Bay, carefully collated such accounts as had been pub- ‘ished respecting the various efforie to penetrate the ice. varrier, and thus arrived at the conclusion that the tree youte lay up the then unexplored Smith strait, whiets 4 opens at the head of tae bay. The second Grinnell expe- dition added new proofs 40 this theory. Althongh ice is often met in the line of Baffin’s Bay ag Jow as the Banks of Newfoundland, yet no serious ob- «struction to navigation is ‘Upper Navick, 72 deg: ‘this our whalemen penetrate annmally, and He risk, as far as 76 degrees, in order to get plating grounds about the month of Lancaster Sound, ween the highest latitude attained by the whalers and Smith Strait the water is free from jee during the summer, and the distance, not exceeding 150 miles, is readily traversed. Dr. "6 eftorts were experimental, and his winter harbor was celected on the eastern side of the channel, in latitude 78 degrees 37 minutes. His subsequest explora- minutes is reached, and be- with | Het to the | 40.80. In July, 1856, the House ruled Mr. Allen out and POLITICAL INTELLIGENCE. Rares? Lerren,—Madame Rates’ letter, in favor of old Abe Line black republicaniem and abolitionism, makes Nearly two columns of words, without containing one single idea worth repeating. It may be termed, in & po- litical sense, the last will and testament of the last old Jine whig. A Conncexcy.—Should two democratic tickets be run, ‘Bell and Everett would probably receive more votes tham | either the Northern or Southern democratic candidate. In the alternative of the choice devolving upon the Senate, ‘that body must select from the two candidates for Vice | President who had received the largest number of elec- { toral yotcs. Upon the hypothesis that these two will be | Hamlin and Everett, it is conjectured that Everett would | ‘Me selected by the Senate, and so become President of the ; United states. Gxertry’s Opmion Or Brcwaxan Twenty Yrans AGo.— Somebody has discovered in a file of the New Yorker for | 1889, which was at that time owned and edited by Horace | Greeley, the following paragraph:— | Hon. James Buchanan, of Pa., will be pushed by the | administration party of that State as a candidate for the | Vice Presidency. Wo ream will diepute hie ability or per- | sonal worth. meeniaape ‘Ext SxinvtvG.—Among the articles patented last week | was a machine for skinning eels The inventor has sent @machine cach to Confidence Cassidy, Peter Cagger and , Dean Richmond. AsomeR Deserter.—Hon. Amos Coggswell, formerly one-of the leaders of the black republican party in Minne- gota, and Speaker of the Houee of Reptesentatives of that Ptate list winter, has given formal notice to the Ceutral Commiitee to be counted out, He will support Douglas if nominated. ‘Tur Dewocranc Caypmate FOR GOVERNOR OF ILLINOIS. Hon. James C. Allen, the democratic candidate for Gover- nor of Minois, entered Congress in 1853 as a representative from the Feventh district of that State. In 1854 he was nominated for re-election, and when the votes were nted until the latitude of | counted it was ascertained that he bad but one majority. vok his seat, bat his opponent contested his right to declared that his opponent was not elected, This re- manded the election to the people. Mr. Alen was nomi- nated for the unexpired term, and at onee thoroughly canvassed his district, and the result was that he was elected by a majority of 2,945. He resumed his seat at the next session, and served until the close of that Con- tions proved ‘his position to have been an unfavorable | grese, In December, 1857, he was elected Clerk of the one, for he was exposed to the full force of the polar cur- rent; the ice brought down by the current not only pre- House of Representatives. He served as Clerk of the ‘vented his release, but in consequenee of the obstruction | House for that Congress, and acted as presiding officer of presented by the land, it was broken {nto hummecks to the northward, which rendered travelling in that direc- tion excessively laborious. From the experienee of his Eger Nafics to pracare dpe and fore, leaving that part "pper Navick, to procure dogs and furs, leaving that pai about the 28th of July, and, proceeding through the mid- dle ice, will reach Smith Strait about the 15th of Augnét. ‘The first summer will be exhausted in reach that locality, and the winter will close aroun them carly in September. From that time until the Ist of the following March they will remain inactive, but upon the carliest return of sunlight the boat Pome will leave the vessel. The team of seven dogs will ily drag from 500 to 800 pounds weight upon a sledge, and they will average in # [coe ae a ration thirteen ounces of pemmican, “ will be left in charge of one half of the crew, The exploring party will be in the field during the sum- mer season; and should Dr. Hayes be successful in accom- pliehing his purposes, he will return to the vessel. before the present House of Representatives during the pro- tracted struggle that ended in the election of Mr. Penning- ton ns Speaker. Uxion Mernixe Postroxep.—The proposed grand ratifi- cation meeting of the Bell and Everett party in Richmond has been put off until after the democratic nomination at Baltimore. Balloon Ascension at Palace Garden. A large number of ladies and gentlemen congregated at the above fashionable place of resort yesterday afternoon from thirty to forty miles | to witness the ascension of Miss Myra Rosella in the bal- Joon Venus, which had been postponed from last Tuesday in consequence of the changeable and severe weather; but yesterday proved to be no exception, and Miss Rosella the close of the summer. If, however, the explorations | bad again to disappoint the expectant audience. are continued into the second winter, he will not be libe- ‘The advertisements in the daily papers informed the rated before the following autumn, prolonging his absence | public that the inflation of the balloon would begin at to two and one-half years. Dr. Hayes is very sanguine in his hopes. He eays he expects fo see the little flag he planted on the coast of Grinnell Land in 1854, and expects to reach the open sea, ‘The expedition will consist of Dr. Hayes, a8 commander; Capt. McClintock, sailing master; Mr. H. W. Dodge, first officer; a officer, surgeon, carpenter, artist, clerk, steward, cook, and six men. Mr. Sonntag, who was the astronomer of the Kane expe- dition, will accompany Dr. Hayes. The objects of the ition embrace many points. . The further exploration of the Polar sea dis- covered by Dr. Kane—to determine its limits and charac- ter, and thug to settle more positively this vexed ques- tion. 2. To complete the of the northern coasts of Greenland nid Grinnell land 3. To determine important questions relative to the magnetism, meteorology, natural history, and the general phyaies of the unexplored region north of Smith Strait. Indeed, there is no department of physical science to which valuable results may not be contributed. TELEGRAPHIC. Bostoy, June 21, 1860. Dr. Hayes’ Arctic Expedition will sail from Boston about the 26th. The officers of the expedition are:—Dr. Isaac J. Hayes, captain; McCormick, sailing master, and Mr. Dodge, first officer, A second officer, surgeon, carpenter, artist, clerk, steward, cook and six men complete the complement, Dr. Hayes hopes to reach winter quarters in Smith Strait by the 10th of September, Additional from Mexico. BREAKING UP OF THE JUAREZ CABINET—RESIGNATION OF THE SECRETARY OF THE TREASURY—-THE WAR IN THE INTERIOR, ETC. {From the New Orleans Picayune, June 16.) ‘The schooner Star, Capt. Gammon, arrived this morning from Vera Cruz. ‘The Star lett Vera Cruz on Friday last, the 9th instant, we had yesterday and brings one week later news by the Fnglish steamer at Havana. ‘The news is of the most important character. The pending differences in the Cabinet of the constitutional government have at length come to ahead, and just as their arms were everywhere meeting with adverse for- ‘tune in the interior, that government itself would seem to be breaking up. We have already recorded three or four Cabinet changes during the last few months, and now we have intelligence of the resignation of Senor Lerdo de Tejada, the well known Secretary of the Treasury, the real head and front of the liber! party, and widely known, mot only In Mexi- co, bot in this country and in Rurope,as aman of large —— extensive information and great financial i. ‘This event took place on the Let inet., and hag natarally created considerable excitement at Vera Cruz. The differ- ences of Senor Lerdo with the rest of his associates, and expecially with the President, were of ‘se charac- ter, and have been for some time past well known to their immediate friends. ‘The last difieulty, however, and that whieh was the yo aang cause of the resignation of the Minister was as nllows— Some months sinee, and seon after Miramon’s expedi- tion against Vera Cruz. the treasury of the constitutional ernment found itself in.an exhausted state, and the inister, with all his well known financial skill, hardly tnew wes co tare te meet his engagetsenta, Ms expenses necessary for the sepeert troope the interior, and subsequently for the defence of the city, immense. And, nt the same time, the port, the only source of revenue, war became now defeated army, for the purpose of carrying on the war ip the interior. Tt wae in view of this state of things that the Secretary of the Treasury proposed as a last resort the suspension, for the period of two months, of the payment of the two-thirds of the custom ipated. ition was by the President and bis approved by and, that there might be no m! in q submitted to Captain Aldbam, of matter, Britannic dgenty's ehip Vatorous. Captain Al of course protested, bat only for form's sake. as it was well known thet it was the only course which, in view of the exhausted condition of the trea- | Just 4s anxious to sary, coukt be pursued. All went well so far, and the Secretary hail already taken his course accordingty, when, eats toned teeny ey tt Te the echeme must be given up, and their it wit ‘ tall hanes The tok moe fovernments mainta| ‘the 'y by surprise; be was already compromised, and he of course resigned. An attempt was: made to patch up the diffientty, but it failed. A® 16 Senor Lerdo’s snecessor, we bear the name of Gov. Jamora mentioned most prominently, but it is very probable that its tronbies will eventuate in the en- tre breaking up of the Cabinet, and the organization of a new one. THE WAR IN THE INTERIOR. Of the war in the interior, we have nothing of impor- tance, tunate attack on Gr 5 fell in with Miratmon, whi fore us adds, that the constit el Guadalajara, which wae now in their thie fs very donbtf@, though it is very raliets may have bad « ture of good retirement from the city Of thelr repntee from Gaadalaiara, we have an abun- oa ‘ jculare, bat they really add but little to what ly know. UNITED STATES LEGATION TO MEXICO, ‘When the Star ‘eft Vera Cruz, the Minister, Mr. Melane, and Mr. Eigee, the Seeretary of were absent on ‘an expedition with the woh coast. On hia Mel ane will go up into the return, says one letter, Mr. terior to the summer: another says: treaty not be ratiied be will return The final action of the was depending om it J) tays © letter; + if i » fat other thi Yeseription long in | this unhappy Nes NAVAL mi The United Jarvie, was on for 0 States at British manof-war on the Od inet, om @ crnige, three P. M.; but it was four before it actually com- menced. In the meantime the people gathered within the walls of the Garden amused themselves by examining and admiring the pew and various decorations,and mak- ing remarks and suggestions on the weather and on the daring and courage of the young lady who was shortly to brave the elements in her frail carriage. As the hour drew near for the ascension to take place great anxiety was manifested, and a desire that the young lady should not venture to go became general, as the ult ise : 3 ences Bs < 3 5 ur i? i 2822 should make the trip. To this fnlness and alacrity, and after tions jumped into the car, and mers and go she accordingly did, with a beund, | soar away and dety the storm. She at once southwesterly course, and in afew mim view. As far as the ‘was concerned, it success, but a ES many entertained fears that he would have great di ity in managing the balloon while he ‘was descending. A fow words here about the fair aeronaut who was to have made the She made her first balloon December, since which time she over Texas, and in that State made some eighteen voy- ages, 0 that she is an in the navigation of the air. has almost always hot air balloons, which neces- sarily made her voyage short ones; but she has seen and felt some of the dangers of ballooning, and does not lack courage to assist her in ber dangerous and exciting pro- fession, one in which the absence of coolness is equiva- lent to destruction. She is very young, and her manners and appearance are both affable and prepossessing. As soon a8 the present unsettled state of the weather hall have passed re, Miss Rosella will make her first ascension in New York from the Palace Garden. ——_—. Naval Intelligence. The United States sloop-of-war Macedonian, Captain Levy, from the Mediterranean for the United States, passed Gibraltar on the 30th ult. ‘The following i# a copy of a letter written by an officer zg = peculiar Seren 6 Se vent, Se oer Soa Piscine her to dock. With every hope that our Duce Ike or Cousin Charley will do someth T remain, &e., &c. Arrivals and Departares ARRIVALS. Lavenroon—Steamehip Asin—Mre Ferrer, Mre Colas and ap md Mrs and Miss Booth, Mrs Robelins, ies Rilinger, Mr Ni an four ebikdren; Iwo Minsos Nicholson, Wise yley, and lady. Mr Z i a ¥ Rings, Mr Hamilton Geo Thompscn, Stephen Hill, Wiens Hews Reed, H Bleecker, Jr; sito IL T Cox, n Prien, van Miss WeMaster, Mise Jackson, Stephen Prien, Master Dilavan, Crorae Cena, Me. siaifan 3 A Stadt er or, De in Ti ‘CH Lowe, AD Leteom, i Foxit Hae, dr. Wittiam Avan, Captain 5 ong bait, poy le a deur HR inenn, Yale, Mr ia the steerage, Philadelphia. : i. ae rap Reanene—? 31 Dubote, rae ecm uh tat | MP Ra Re Vase bette ‘alorour, Capt. Aldbam, sailed There hee teen na other change in the positions of the French, Sng'iets or #panied fleets, eince our last accounts, / | and in the seerage. EERE eae ' | Parrwo Pranon.<-During the peat year the Kew Hamp. hire St has paid cagh into shire saaey oa ibe are 500 ——— Sx | FINANCIAL AND COMMERCIAL. Tuvrspay, June 21—¢ P. M. The Avia arrived at an early hour this morning | With advices from Queenstown, Treland, to the 10th | inst. The point of the commercial news is the con- tinued activity in breadstuffs, owing to unfavorable weather and short supplies both in England and in France. Cotton was rather depressed. The funds were unchanged, but closed firm. The demand for money was rather on the increase, With regard to American securities, Messrs. Bellf& Son say the market remains without change, a very limited business having been done during the past week. The quotations are:— United States 6's, 1860 Do. 5's, W74......5 | Kentucky 6's bonds, 1868~- | Maryland 6's, bonds... Massachusetts 5's, bonds Mississippi 5's, Union Bat iio 6's, s ® se & rs Stistusszsesssgzerseeagess a a a a } | > 62 Do, Panama aoa Ts, Pennsylvania Central 6 Satterthwaite says:— Business in American sccurities continues to be limited, the demand doing chiefly contined t> State stocks and the best class of railroad bonds. Frie shares have been taken from 19 to 20, by parties who are looking for higher consequent on much improved condition of the undertaking: the opening of the first forty miles of rail- road of the Atlantic and Great Western, from the junction with the Erie, ia regarded fayorably.. For New York Cen- tral shares, notwithstanding the road is doing so well, there is no inquiry, though the bonds are steadily taken off the market for investment. For Illinois Central shares there has sprung up some demand, consequent on the sudden advance reported from New York: they close 40¢ to 40 discount. Consols close 935; to 933¢, ex-dividend, for ac- count, 10th July. . The money market is easier again; the increased demand noticed yesterday was merely spasmodic. ‘We quote short paper at 4} a 5, long ditto at 5 a6, in both cases for first class; call loans, 4 a 5; second clasa paper, 6a 7 a 8; names not generally known, 7a10a 12. The amount of money seeking em- ployment continues to accumulate. To-day the go- vernment draft in favor of the State of Missouri was presented at the Sub-Treasury; the total payments at that institution were $556,062; the receipts, $313,- 100, of which $200,000 were from customs; balance this evening, $6,135,981. There was a fair business done in foreign ex- change to-day. Bills on Londan were supplied by Mesars. Belmont & Co. at 1094 for sixty days, and at 110} for short sight; on Paris at 5.133 for sixty days. These bills are drawn against bullion; the Rothschilds are receiving from their agents here nearly a million a week in coin. The business in bars, owing to the speculation among the bullion men, long since ceased to be profitable, and is now conducted within very narrow limits. The Satur- days steamers will probably take out over a mil- jon, * The stock market continued to evince strength to-day, and prices of all kinds of securities closed higher than yesterday. As usual, the Western shares engage more attention than other stocks, the low price at which many of them are selling, and the prospect of a very large crop which would give them all as much business as they can do, tempt speculators into the market. The advance to-day was general and uniform. Among the firm- est stocks on the list was Michigan guaranteed, which has been largely bought by friends of the new direction. We are enabled to state, from personal observation, that the road isin good order, and, from present appearances, the prospect is good for an unusually heavy business thia fall. At the close to-day the: market was firm at the following quotations:—Tenn. 6’s, 923 a 93; Virginia 6's, 933 & 94; Missourf 6’s, 84f a 3; Canton, 20j a 21}; Cum- berland Coal preferred, 12 a 13; Pacific Mail, 90a 4; New York Central, 82 a j; Erie, 19} a 4; Hudson River, 48 a j; Harlem, 12 }; Harlem preferred, 894 a j; Reading, 41 a}; Michigan Central, 444 a 3; Michigan Southern and Northern Indiana, 134 a 4; oe re soy Jand, Columbus and Cincinnati Railroad Company, in view of the decision of the Supreme Court of the United States against the endorsers, had expected that the interest due them would at once be forth« coming, and intimations to the contrary have beem received with no little surprise. It is now understood that the Cleveland, Columbus and Cincinnati compas ny have made no provision for the payment ef thia interest, and the inference is that they have de= | termined upon allowing the question to go before the courts on the main issue, they regarding the , removal by the United States Supreme Court of the injunction of one of their own stockholders, whicl | restrained them from paying the interest of the | bonds, as nothing more than a collateral proceede ing. The amount involved, it will be remembered, was about half a million of dollars. The Clevee land, Colombus and Cincinnati com ‘ould mie wisely were they to abandon ie Se The Boston Post, in its weekly review of financ@ and business, says:— For some days New York funds have been eomparatives | 7 scares in State street. A continuance of this excess of lemand over supply would soon take off some specie; for @ while money would probably advance to six | cent, or thereabouts. It is rather early in the season | exchange to rule against His oy nevertheless, the indi. cations are that it will do so. is is the only item of the = ar in our home won and even it ay, leave nothing but un’ u abundance. Money is easy at 5 per dent on call or hee iad staguant as vel in “ecomber tne st as in ‘‘cucumber time.”” exchange ‘a shade no transactions’ were at abo foamy | visible that indicates any tightening of the ris min! rates, and al +H Boston the 4 bd yh id advance in price, and ly, whenever exchange with New Y« shall raldeirenglt tealoet this city for any length of time, With reference to the plethora of new cents, the Philadelphia Ledger of to-day says:— Armall, though to some, rha| seemingly portant matter, has Sion torpernion mete 4 ite miscellaneous appropriation bills, and is now ia Congress. It is a, provision forbidding the of cents after the Ist day of July next. ig coin, withim easy distance of the Mint, has become an intolerable nui- gance. dealers are Jiterally ran down with it, and are taxed with a discount of from three to five per cent to it off their hands, One of the evils result ing from the, abundance of this coin and its depreciation is ita pay- pes eda oh Ti cep ar periegy wgaegs 7 to their workmen, thus inflicting the loss of d om reba — able weg. it, bay agra oacehd Phila- mbers of Congress are sufferers’ frem the cent nuisance, and it is heir ta tives will give the amendment inhibiting any further pa Re for the present their attention and aid. do. guaranteed, 274 @ $; Panama, 132g a 133; Mli- nois Central, 62] a 63; Galena and Chicago, 61f a 4%; Cleveland and Teledo, 30} a 31; Chicago and Rock Island, 69} a 3. The land sales of the Nlinois Central for the last nineteen days amount to $26,908. A stockholders’ meeting of the Cleveland and Toledo Railroad was held at Cleveland yesterday. The net earnings for the year are over $76,000 above the running expenses and interest on the bonds and floating debt. The new board consists of J. B. Waring, Cleveland; Joseph Lyman, Cleve- Jandy Jno. Gardiner Sprague, Huron; W. M. Ver- milye, New York; G. T. Oliphant, New York; Jo- seph Benjamin, New York; H. N. Randall, New London. All the old board officers were re-elected. The Harmony Fire and Marine Insurance Compa- ny have declared a semi-annual dividend of five per cent; the directors of the Broadway Bank a semi- annual dividend of five per cent, and the Chemical Bank ® quarterly dividend of six per cent, payablé Total... ‘ie and cash at bankers... lie receivable and other securities Profit and Loss Account declared a# follows — At midsummer, 1868 At Christmas, 1859. Ralanee in hand being undivided net profit to the Slst of December, 1860.......... j |. Divide | viding for bad and doubtful debts... ‘The following is the Pittsburg bank statement for the week preceding June 18:— ‘Banks. Cireviation. Rank Pittsburg... sl Bx 225 j $2,020,558 1,102,446 es 1,743,916 + 1,919,688 1 889 1 , 100 870 aasige talon a Col. » the indefatigable member from the First: district, we are sure, will but need to be reminde® of the wrong mced in this to do what he seich he wil ans en ha Sapte tae propose vor to have nn holding five dollars and upwards of cents be al- ‘ed the privilege of changing them for bet geen coin at the Un! States Mint. The it ie a just, one, and ought to be accepted. Stock Excha le maar, Jane 22, 1000, $2000 150 shs Mich CRR.. 49 1000 do... 49 12000 do, 49: 8000 do. 49: 1000 do. 49: 3000 350 Mich So 18. 1000 $3 Del LA WRR.... 95 1000 20 do... 9536. 7000 25 Ind & Cin eed 15000 50 Mich So 273, 1000 100 do,, ne S00 ea Fy 11000 50 do. one 10000 100 I} Cen RR scrip.. 64 1500 4g 300 do. 63; 1000 9114 380 do. 63, 5000 67 2 do. ig 2000 73 «(100 63: 2000 101 (350 ao. 63: 18 hs Bank of NY. 104 50 ao, 8! Fm rd Bank. 10434 8 do. 63: 20 ae ee 10 50 do. 63: 10 10 do $ 23 50 do. 150 250 Gal & Chi 6 100 200 do. a. 100 250 do. a: 300 100 do 6 50 200 Clev&Tol 150 400 do, 30: 100 2100 do. 30! 350 do. % bd 69 200 9" s 100 60 400 09 10 2 F ie 50 to 3 300 186 ne 100 50 3 SECOND BOARD. | $9000 Frie RRistmb 10034 50: 63 2000 Hud RRR2dm 100% 60 eae 3000 Had 200 63. 10000 Cle: 50, 8 50 Soe 300 30 | 875 30% | # 31 , & 9 | | 0 | 0 | 100 | 50 5 co do. OO 49 | 60M CRRecrip.b30 | CITY COMMERCIAL REPORT. Tuvrspat, June 21—6 P. M. | Asites.—The market was without so Supertine W 50 festern. Commom to choice Western extra oe eS aa. 3 ; Choice extra fam! 5 45 Tue ise Hil Ris i g F Aad oa. Dushels wheat, in sbipper's . | at Ted: Ui "Boor"a Bh. a Ho Aatwer ancy. 400 Dbis., including new mess 1240 ola fest at 17 43, thin do. at 417 90, clear ab 810 Bm | 60, and new prime at $13 60 n $13 623. Beef was ry with salee of 300 bbis, trite mess at $4 16 0. $6, repacked mets at $8 75 a $10 60, and extra do. at $11.8. | $13 50: prime mess and beet hams wore quiet and Cut meats were steady , with sales of 190 and Rice. —Sales of 600 casks wore made at og %. Sroane were ‘unchanged. The aaiee ‘Tun small bone tube metered shaded Pe ran Ree of 10,000 tate tava were made at 200 Winsxxy.—The market was beavy; sales of 899 bbls, ‘were mage at 2) a 2140.