The New York Herald Newspaper, August 19, 1860, Page 8

POLITICAL CHAOS COMING TO ORDER. @ur Correspondence Describing the New Phases of the Revolution, ae, Rey ae. @ur North Carolina Correspondence. Raumay, N. C., August 12, 186@. Me Law Contest—Causes of the Result, Latent and Patrt— he Present Gov.rnor—Br. Holden and Marshak Grou Ay Movements in Political Stocks—Bdl and Hecrett— Areicipated Rise in Douglas Stock—The Coming Douglas onvention--the New Perk Herald in Raleigh, c., &e. ur contest is over, and a very od@ and mixed up affair i was, The opposition bas certamfy dealt'® severe blow Yo the cemocracy, and may possibly follew it up in Ne- ‘vember with even more telling wtvantage, It looks very Mike ecevolution, or reaction, "as you mave called tt. So many elements brve been at Work to preduce the result, % we not to De Wenodered atyand, thoagh surprising in its Wacaitude, catnot be sati to have been whelty unex- pected. ‘Two yeare'sgo, ora Wee more, the rival camtidates for ‘“emocratic favor at the CharlotteConvention were Judge 2s and W. W. Holdem, editor ef the Standard, of this the latter" ‘of-etimitted ability, aud who, wphunas tatenta, "iemocrat had ‘built up the ic tore power than it ever before pos |, Or probably ever will again, and who had cer L hy) gratitude of that party overboard, and Judge Ellis, favors bad again and in been Mow unt for his party ‘Deen, lot @ocent events demonstrate. ehapter one. Governor Ellis uring Wetcthar the ‘xaited potition be oe a ‘that time, the exaited position he oc- the peopleen opportunity of observing more ‘or-whether it ‘was from the mere operation of certain it is that amen and ‘opinions-were underg: a change in im- SSevent of tne Beate floats, ‘We all know it Is ditfloult to ry one. “Im the fable, neither the old maa nor @@3 could; and so it is with the Governor aad his ‘Then came the late election struggle. True, the Governor ‘was renominated by his party; but that is something like & standing tows! with parties here, particularly wah the democrats. Trey feel compelled to |e party pride and that sort of thing. Now, Mr. Holden, be it remem- Soret ‘was Btit at the head of the most powerful and in- Buent {al demooratic in the State. He stil winced contempt with which be tad been ‘the manliness and courtesy of many coneiliated and soothed him into Ellis was not the man for that observed that during the oampaign was not at all severe on the oppo- and, in fact, sometimes its battery got #0 oddly out it did mero damage tw ite own the enemy. Suspi- the knowing ones winked very few were astonished. Some shougut of p Waterloo, and compared Holdea to that un. ‘Marshal. Our Waterloo, however, wns not lost is, a8 you are aware, loses a fall ten thousand iaurel leaves. There is ho doubt thet what I have ‘eudeavored to describe was one of the causes which faced that result. Another cause, aad, it must be Oonfeesed, a powerful one, was the a question upon the contestants took the field, and ef whien I have in aformer letter. The deduction, then, is that pers2nal as weil as political causes at work to t the result which we see before us. Presidential election there is a Ue i | : i : Hip He lt j E ‘inridge. On the instant we Convention, end then it will the ‘Little Giant” can the abiest lar and ‘the South, is committ to that Probability, take the stamp. Be- Douglas married bis first wife here, kin with the Old North State gene- a it, there is a Douglas element Bas nc’ shown itectt Ayet. Weare iteelf,”’ I fear, Our Georgia Correspomdence. Roar, Ga., August 10, 1860, Ihe Irrepressible Conflict at the South—2he Conservatives will Vote for Bal and Everelt, and Douglas as @ Last Offering wpon the Altar of the Union, dc , dc. In an article which appeared in your paper a short time wince, headed ‘irrepressible Conflict Begun at the South,’’ &e., you very correctly express the opinion that the South 4s preparivg for discnion, that Union men of 1850 are aow ‘with the seceders, &c. It ts now clearly apparent to every observing mind ‘that the secession sentiment is rapi! y .acreasing through. out the entire South; nor will the Breckinridge vote, as many suppose, form a criterion by which to judge of its strength. Large numbers of the old conservative element ‘will vote for Bell and Everett, and for Douglas asa last Bering upon the altar of the Union—the olive branch once more extended to their brethren of the North. ‘These are the more intelligent classes—the old whige of ‘the Clay and Webster school, and many of the old Jack- fonian democracy. They are set down as fagics, and in times past have been strong in their advecacy of the He Union, and in every perilous emergency hare presented” fan impenetrable barrier to the success of the secession party in our midst. Heretofore the language of Washington's Farewell Ad- Grees has constitaded household words to be inatilied into their children. Now these words have lost their charm, and these staid old men shake their heads and look omi- ously grave at the prospect abead. The long smothered fires of 1776 are kindling in the bosoms of many, acd aged sires, with their gray bairs floating in the vroeze, are not unfrequently seen joining in the military parades of our volunteer companies, with all the blood and ardor Of the watehful hero. . What do these things portend? Will the North never arning, or has the free spirit of fanaticism detaro: od the reasce ‘and extinguished the last spark of justice ‘and patriotiem in the Northern mind? Why does not th conservative element go to work and undo the injary which the wiles of politicians have brought upoa the Jand? Alas, we fear they are now too we that the little spark kindled by the once conte ¥ of abo Iition ist, and fanned into a lively and politicians, like the wild fires will continue to spread with increasing fur: Dut a smoking waste will mark teous plain. When we reflect upon the ¢ once beau- the glorious dest ny she might atta wider the impending crisis to which a foolish @amaticiom bas brought us, and the horrible consequences which must inevitably follow a disruption of the confede racy, WP enough to Sicken the sou! of the philamthro a @tir up the latent sympathies of patriotiem ia coldest heart ‘Why is it that the abolitionists continue to harass us, fand that the friends of order at th i not inter pose in our behalf by suppressing on publica tions and societies, aod frowning the eff ts Of fanaticism thren of the South? amongst us, fe various are being incite Hf the abolition are the sar which never would bave been th grow more and more stringent anti schemes shall cease. The siare and contented, and there is mo loubt that se Bormal condition of the Africau. Tuat exceptions Casjonal cases occur amongst us of crue! treatment to the negro is not deuied. put labor of the North, the marriage relations, and all other buman ‘lastitutions, obnoxious’ to charge? We have laws goarding against these ¢ they are as rigidly enforced as the laws pertain) other crimes, and the man whe deals 4 Glave at the South, besides being am the land, is scorned and deco , nity in which he liver Maltreatment ¢ feland abhorrent to every man of retive ‘will searce!y be urged that, because » 6 not the free adee:t men have been guilty of this ein, the dom.nion wich was .iven to men ‘over the beasts of the Geld is thereby abrogated. We @ill not extend the argument wpen tht point, bot will agvert what no unprejedioed mind woo will calm. ty review the history of man ia past « i will exe migo his.present condition \ « can fail te ive, that the slave popalation of the Southern Baates are the Dappiest people on the face of the lobe ‘We do,not stop to enter proof of this fact, which nine- teen out of twenty of all the disinteresied observers ‘who visit the slave States are forced to wimit. But how, Permit us to ask, is the world to be sapplied with the qroat staple cotton without slavery, when it is an an Questionable fact that, while the begro fattens and thrives in the cotton feids and rice swamps of our South ern latitudes, the white man speediiy and inerital Bickene and dies? Let slave labor De abe! sued and t ply of cotton would certainly fail, and 9 shock wou! given to the commercial world, attended with evil ¢ What woald Immodiate efivcts pou ‘scturing into rests of Kugiand and of our Nort Cie among the copitaliris, mi ppoorer classes in the manufactur: Of starvation, mob law and rict would pre monetary crisis which would shock aud world and bring an millious of the buman race, the ext be difficult to exeggerate We co aa art 7 Fepeat thore thinge to a p blinded to revs have Uitie hope thet tb roads upon our rights, a approaching election, we rgort « . th Union a # fixed aud inevitable certaint Nor do we; eth Few among ye betior Boro, contemplate proyere ‘o mond al t BZcEE 5 & he bread our soldiers, in constructing Ogting for their masters. then, if this drama of blood and fratricidal con le flct ts forced upon us, we to ‘we confess that we can see no human blackness pel the clouds of darkness an distracted people, and to shine out more spicuous splendor to the gaze of an admiring world. Our Virginia Correspondence. Stauton, Va., August 15, 1960. The Douglas Stale Rights Convention—All Paris of the Stale Represented—A Large Delegation Expected— Fusion Impossible—Judge Crump for the “Little Giant?’—Also the Judges of the Court of Appeals—Caskce, Pryor, Ma- son, Foote and Letcher, de., de. ‘Your correspondent arrived here by the Virginia Cen- rai Railroad this evening, from Richmond, fully pre- pared and ready to furnish the million readers of the Hexao with the proceedings of the Douglas State Rights Convention which aesembles in this town to-morrow morning. When J arrived bere I found several delegates already in town, and mo leas than fifty came up with me from Richmond, Petersburg and Norfolk, all in good spirits and highly delighted with the aspect of affairs tending in favor of the “Little Giant” and their cause. There will be at this Convention delegations from all parts of the State to advance the rapidly rising stock of Douglas, to maintain their rights, and aleo, ag they gay, to put down and give a death blow, during the ensuing canyags, to disunionists and fire-eaters, as the Douglas- ites call the courageous Breckinridge men. About one hundred delegates are here now, but the great body of them will arrtye on to morrow, the 26th, the first day of the convention. Among the most prominent men here for the purpose of attending the convention, { mention Hon, HI. Hopkins, Mr. A. D. Banks, Mr, A. M. Keiley, late editor of the Petersburg Press; D. B. Hoge, Jobn Horman, A. M. Venable, and Mr. 0. Jennings Wise, ofthe Richmond Enquirer, who is here merely as a Jooker on among the “Philietines,” and doubtless to see if there is not a chance of bringing about a fusion. As I write (ten o'clock P. M.) he and A. M. Kelley, of Peters- burg, are having an exciting discussion in front of the Amer ivan, on squatser sovereignty, the Dred Szott deci- sion, disunion and the principles of Old Hickory in par- ticular. When | left a large crowd of the sovereigns were er listeners to the debate. ‘our Harrisonburg ,Va. , correspondent is certainly labor- ing under a great error, and is mistakea when he states in the Hxgaup of the 16th inst. that “the Staunton Con- vention, from present a; will bea failure.” It will be just the reveree, ppearances, as it ig going to bea grand suc- cess as far as the number of representatives are concern- ed, and if enthusiasm in behalf of the “Little Giant” in this part of the Commonwealth is any criterion to go by, he will carry the day in this district undoubtedly. I have the information from the most reliable source. In to the two wings of the democracy holding conventions simultaneously, many naturally ask the ques- tion, why do they hold conventions when they are in deadly opposition to cach other? What is the use of meet- ing when both wings come already ‘socked and primed? with the intention not to concede one single tota in their platform, or their principles, and fully determiaed not to compromise on any terms, other than that one shal) come over to the other? Now, this is a matter of impos- sibility, and the idea of effecting a fusion is preposterous; and you might as consistently expect the Hudson river to Tun up the Catakill Mountains, so great is the opposition in both wi }, either of whick fers, and would actu- ally assist, the Bell men before woul vote for either of the democratic candidates in the ficla other than their own. The answers to the above questions are these. The Breckinridge men assemble to try to bring about harmony in the 8 of the democracy, and are very auxious to keep the ‘party alive and together, and will do anything to attain that end, excepting to vote for Douglas; and they swear by the gods, all that if holy and democratic, the will cut off their it hand first, before they will do that! They bol: afiirm to vote for Bell in preference ‘to Douglas. Thus the Breckinridge men stand. The Douglas men come together for the pur- pose of organizing, and to make an eleotoral ticket in the State, and to “shape their ends” for the canvass, fully determined not to fuse with the Breckinridge mou under any circumstance. They maintain they are to sup- port the regularly nominated candidate; they ask nofayors: ‘and don’t intend to show any; they have nothing to con- cede, a# they are not seceders nor fire eaters, and that the Breckinridge men are disunionists to all intonte and poses; that they aleo will vote for John Bell before will yote for John Breckinridge. Now, where is the chance for fusion, 0 much desired by the administration and office holders? From what | can learn from persons in different sec- jong of the State Douglas ir gaining ground every day, ‘and is becoming more popular, while Breckinridge is not. don’t bear of any person going over or coming “out” or bim, and there i¢ nota day but I hear of accession to the ranks of the Douglas men, He is popular with the mass of the people—the foreigners in jcular, There § nota Putehman or an Irishman, with but few excep- ions, wom I have conversed with on the subject, but what is going to vote for the “Giavt.”” They are down on Yaueey as a disunionist, and when they got naturalized they swore to support the Union and the constitution, and they moan to do it by voting for Douglas. The oppositioniats are in great glee over the “split”? in the democracy. They say that it is the best thing tbat could possibly occur. ey back the Douglas men and urge them to hold their ground, as they, the Dou- nomiuated on a glagites, are supporting the candidate platform which been democratic ever since 1850; en- courage them by stating that Douglas will beat Breckin- ridge men in Virginia. The Breckinridge men hoot at the idea, of course. but I don’t think the w! are far out Of the way; office holders in bave but little in iufuence, and administration newspaper organs bave little more, on the whole. The democracy here are down on Sens'or Mason for characterizing them as ‘leprous democrats.’ They sa} he will have to ‘‘walk the plank’ the next election, as will also Roger A. Pryor in his district. Two-thirds of Pryor's constituents are Douglas men. Judge Wm. W. Cramp, of Richmond, is for Dougias ,and the private wish of Gov, Letcher and the Hon. J. 5. Caskia is that Douglas may be sucovssful. May “the best man win,” say 1 Senator Foote will be here to attend the Convention (o- morrow, Our Maryland Correspon ee, Baurimore County, Md., August 16, 1860, Bell and Everett Gaining Strength Every Day, &o. The practical and national views of your editorials have awakened an intense desire in men of all parties to pre- vent the election of Lineolu. There is throughout the ‘State a very kind feeling between the Bell and Douglas men, and whilst the former have confeesedly « majority over all parties, yet they do not prosecute the canvass with any of the bitterness of bygone times, but exhibit « manly and conciliatory spirit to all who are willing to make some sacrifice for the Union. The sentiments yon daily announce are, therefore, a source of great encourage. ment to every friend of the constitutlon, and we do hope it may be your pleasure to continue ‘n the course you have £0 auspiciously begun, and which bas already Cre: ated au interest in many who bad hitherto been luke- The influence ‘of the Hmmatp is acknowledged ber», by none more (o than in Old Maryland, and nds here who, on the approach of every ction, eagerly watch its course, juenced by its advocacy of the It ie, therefore, y your power o great good. Not tojbe accused of flattery gthe support « a oa Pport tod of the Heat for Bell and Everett wil! every independent farmer. The HERA ts the oracle of the hovest yeomanry. Harrise, Kilgour an Union hominees, and by their effective specches are creating a furor of eathasiasm in the countics not equal- led since 1844. ‘The Breckinridge men in this county, becoming dubious of themselvee, were compelled to bave the siguatures of each other to ® paper iavorabie to their candidate; yet after circulating the eame they could not muster a corpo *gvard. The masses would not be caught. The net ead by the wirepullers at the Court House only caught themselves—not the “bone and sinew,” so ardently de- sired at the polls. All the fire, enthusiasm and ener are absorbed in the Union party. The two factions of the late democratic party are dispirited and in hopeless des. pair—they give up the it to Bell and Lincoln. You may rest assured Maryland wili give ® rousing majority for the Union ticket. Our Pennsylvania Correspondence, Pwitapauema, Augast 11, 1960. Forney Repudiated in Penniyloania—The People in Favor of Union Against Lincoin , In this city there is ecarcely a Douglas man who is willing to have bis name associated with that of the renegate Forney, or any of his olique. Throughout the interior the divisien in the party is based maiaiy Lyon a difference of opinion respecting the regularity of the candidates, The great mass of the party firmly attached to \te principles and organization ier they were, aod they will not consent to lend themselves as willing inatruments to aid the election of a black republican to the Presidency. A man who has deen all nis life a democrat, whose feolings aad sy mpa- Messrs. Rowan, Webster, Cooper, Pearce are alreaty stumping for the thies bave always beep contred in the party, will hes) tate long before he will separate hi from it, aad os pecially upon a question which can, and which w wot tlod in the organ vation. Our etordy German fa aro not carried away by everyPwind of doctrine r misiet by 4 riagogies nto a betrayal of tieir cberteh 4 And if whie ie doubted him iI ary mold rk api’ ' y have soarcely & z i which they #o justly merit. Oar New Hampshire Correspondence. Kuuvn, N. H., August 13, 1860. Rail Splitting Not in Request in These Diggings—Hepe of Raiiying Against Lincoln Under One Banner, de. ‘Your correspondents from all parts of the country cut Doth right and left in this quadrapgular political contest; but it is @ matter of much anxiety to politicians generally, and country editors in particular, what course the Hxrarp will take, which candidate it will support. I think {t is interesting the great mass of conservative politicians by holding up the mirror to all parties and giving sensible advice. It tsa notable fact, apparently, viewing affairs from ber, but not strong enough to ‘republicans are making great Wide ig A clubs, ‘s it is ded generate epthusiagm by drilling boys) on such mental efforts as the &c.; but the ehh anid ni Our Connecticut Correspomdence. ‘Haxrrorp, August 15, 1860. Movements of the Young Democracy of Hartford—Tendency to Tnion, he. ‘The young democracy of this city met at the Chepulte- pec Club room last evening and orgaiized a Union club for the Presidential campaign. After the adoption of the Constitation the following officers were chosen:— A. L. Correspondis .—James 8, Belden. Recording Saari Me Ney, James T. Ashmead. ‘Treasurer.—Samvel Hascall. Executive Commitice-—G. A. Booth, John W. Gilbert, ©. W. Harris, Justus Francis, Beary A. Roberts. ‘Financial Committee —C. W. Harris, James S. Bolden, Lyman Smith. One week since the Club met and parsed resolutions re- commending the next Democratic State Convention to nominate a union electoral ticket. These resolutions were strenuously opposed by several of the leading Doug- las men, and the influence of the Hartford Daily Post was During the week an effort had been made by Mr. Hotchkiss, the editor of that brought to bear in this direction. rescind the Union resolu 2 Our Cayuga Bridge Correspondence, CarvGa Barings, August 16, 1860. The Intrigques and Schemes of the Black Republicans, de. The republican pot boils flercely. The Weed Regency Never had they so many cross purposes. Never did they row so vigorously, now this way, and now that, True to their instincte, and to the only rule which they have or ever did have in politics, the leadere—that is, the peculiar friends of Seward, under the leadership of Weed—are engaged, never before 80 industriously, in taking care of themselves. Not alone is it themselves they aro taking care of: they are taking ‘was never more active. care of theif enemies as well. It is known that the Weed Regency bave more than once, and suddenly, too, changed their policy and tac- tics since Seward's defeat and Lincoln's nomination. The first order in council, after that memorable defeat, was that Governor Morgan, for his sins of commission and omission towards Seward at Chicago, should not be renominated. No sooner had this decree gone forth than Mr. Greeley cries agreed, and steps into the ring a candidate for Gubernatorial honors. Thereupon Weed reverses action and goes for Morgan, as the specdicet way to knock G1 on the head, and Greeley, not daring to openly come out for him- self as a candidate, likewise professed friendship for Mor. gan; and to-day both Weed and Greeley, though mortally opposed in everything, are both apparently for Morgan's renomination, reality, it is doubtful whether either of them is sincere. Indeed, there is reason enough for Supposing that neither would hesitate to throw his Ex- celleney sky high, was there any certainty as to what would follow, Neither goes for Morgan becouse his re. nomipation if actually desired, but both go for it as the most certain way to prevent a triuuph of one over the other in the struggle teat would follow. The utter heart leseness of this sort of friendship leaves Morgan lable at any moment to fail to the Pas |» and there suould be no surprise should he, after all, and in the diteb. The contest for delegates larolved sim- ply and only the question whether the conven- tion should be run by Weed or Greeley. Io your city, although Weed ired to headquarters ‘and used reely all the power of the police machinery, which Commissioner Bowen and Superinteadent K iy promptly placed at bis disposal, in order to control the coucuse®, Greeley scoured a fair representation in the delegation. In the counties, it is voderstood that Weed has done even be.ter, though even there he has by no means had things ali his own way Greeley's hobby in the Convention will be the de- nouvelpg by a resolution the legislative corruption and lobby Jobbing with which We stands so prominently Connected. fie would wot hesitate to. 4 Morgan as weil, could he only get the proof of what he believes is tree—that is, that in every moral sense his Excellency is deep in the mud as Weed is in the mire, bas bo fort of taith in Morgan. He knows his when Senator, prodhied largely by schemes of Weeds lobby. relations that subsist tween Weed and Morgan, ftauds; and could he < of the Country delegates what he himself so well knows, he would not hesitate to mount his Excellency “rough shod.” He may do #0 yet Bere let me meke allusion to what has been, and what will be again, most likely, referred to as something great- ly im Morgan's favor. 1 mean the paragraph ia be two tueesages denouncing the lobby. Now, the degree of sin- cerity at the bottora of the business of inserting that bull againet the lobby in bie Excellency’e messages will be vaderstood wheo | state, as | do, the fact that 4 bim- self was its author, and that thie portion of bis Exoel. Jeney's message was only a mask to be used by the head of the lobby to enabie him more successfully to prosecute hie jobs, Weed realized the frowing against ly joet shim = as the lobby, and — partioulari the cbief broker to the business; he therefore resorts to this use of Governor Morgah to draw off atten- tion and pacyfy the public, while he plunges deeper than ever into schemes of legislative corruption. Never wae the power, the kmavery, the comprehoosive grasp of the king of the lobby 80 eignificantly exemplified as im this use of the Governor of the State to further the plans of Weed, Law & Co, Astor jobs, Morgan is good cnoagh for Weed, aa Tim Monroe waa \' gopd'cnovgh Morgan till after election.” and never dit mn #0 © Mplotey stultify themselves as Kf. in going for Morgan's renomination make vee beerre in donewmeing the y & secure gh eo long ag they cag them, They | bave & Governor who will allow Weed masses of the New York , aud forever re- yy. Let them a tao bleeding NEW YORK HERALD, SUNDAY, AUGUST 19, 1860. Ey pb for his Ll Se fL fe BEBE € = e i 5 e& | character, ‘antecedents, the aut anything in all their lives, that guthorizes the belief that will permit the transfer of iment to hands within other than their own? They struck down bie triumy there anything in the present attitude of these men to- wards those who g ie i 3 to the enemy. tie il sae }, and rises upon the different stages of the campaign. FINANCIAL AND COMMERCIAL. Sarcrpay, August 1S—6 P. M. The steamships Kangaroo and Arago sailed for Europe to-day, the former with $738,310, the lat- ter with $698,150, in specie onfreight. The Karnak, which sailed for Nassau, took $12,910; so that the total shipment of the day was $1,449,370. The market for foreign exchange closed steady. In money there is no change to quote. vance over the quotations of yesterday evening: Central was unexpectedly forced on no second board, and very little was done in the street the market was firmer. No cause is assign- railroad traffic. this morning, they will probably recover courage and re-enter the field boldly. The differences which are paid for carrying stocks at the present time are quite large, and give the brokers o hand some opportunity of making money. The exchanges at the Bank Clearing House this morning were $21,738,621 65, and the balances $1,196,663 61. The following dividends have been declared: — The Atlantic and St. Lawrence Railroad, a dividend of three dollars per share, payable on demand, at the Casco Bank, Portland; the Portsmouth (N. H.) Steam Factory, a dividend of eight per cent, payable September 6; the Oswego and Syracuse Railroad, a semi-annual dividend of three per cent, payable on the 2ist inst., by H. A. Oakley, agent, at the office of Howard Insurance Company. Mr. Haws, the City Comptroller, invites pro- posals for three million dollars for the floating debt fund stock, authorized by the laws of 1800. The bids will be opened on the 18th of September, 1860. Holders of revenue bonds of the Corporation may, at their option, make them available for the pur- chase of the stock, The interest will be at the rate of six per ceat per annum, payable quarterly, and principal reimbursable on the ist of May, 1878, For some time past the Dubuque and Pacific Railroad Company, running from Dubuque to Man- chester, Iowa, and prospectively to the Missouri river, has been unable to pay the interest on its bonds, and the mortgages were about to be fore. closed, when, on Tuesday last, a meeting of the bondholders, trustees and directors was held, and the following bargain made: — ‘of that specic# of obli Stock, and in liew of inte from the earnings of the road. The directors on their part consent to a surrender of the organization, property and franchises of the Ia buque and Pacitic Company, and together with the stock of the company, to 2 new corpo: ration, to be known as the Dubuque and Sioux City Rail road Company, whose capital stock thall be $6,000,000 and the iseue of bonds limited to $4,600,000, Until’ the annual election for the cholee of dirctors, whieh will be on the 18th of February next, the new corporation will be under the contro! «f provisional Te, consint iD Hermann Gelpecke, Piatt Smith, W. W. Hami Jetvy—the gentlemen composing the pre. would not inangurate them in power. Is ‘and Polk elected in 1644, by the is a chapter in the politics & policy, assigned men of the next seventy: five will be disclosed only as the curtain The stock market opened firmly this morning, and a fair business was done at a small ad- but at the close of the session a large lot of the market, and a general decline, which at one time almost looked like a panic, ensued. Central, for instance, which closed yesterday at 87 bid, sold up to 87j cash, but after the board the best bid was 86}. Rock Island, Galena, Illinois Central and the Michigan shares were all better at the board, but sold afterward in the street at a concession of }.a 1 per cent from the printed list. There was afternoon; at the time the leading brokers left the ed for the sudden change in the tone of the market. Panama was rather better, and so was Pacific Mail, without, however, any activity in either. The bear party were cautious to-day in putting out their options, in the face of the large increase in But should, the market show as much weakness on Monday as it did after the board a transfer of the same, | of the several banks are as follows:— Discounts. 3 alt 49,541 1878 ci oe ne 83,085 50.029 i oe Chester. At ay prec i050 91,258 © 184.935 47,005 Total....912,846,107 4,108,926 7,654,758 1,949,248 Quincy Railroad line in the first week of August ++994,716,013 ‘Total. FER PEER clieee Z ce BEERS abiscese EEF $2 BES88 Ae & The items of discounts, deposits and circulation i The earnings of the Cleveland, Columbus and The earnings of the Chicago, Burlington and were:— Pi anaengers Total.......s00ee++ $25,161 The receipts of the Chicago and Northwestern Railroad Company for the first week in August were as follows:— Same time in 1859:— Frlgity dees SHIPPING NEWS. Whe iad BR 2 rates cal Cape Towa aad Bumaseo WS alo Liverpool— Walsh, & Co, Ceres, ¥ Southern: , Bi Uoadon—] een Bee cae, Co. Livery, " Fegan ar; Loud, Ga Hi Thompson, Mayaguez—L Dale Bn, St Johns, NF—D B Dewolt. pi ee a erin me Ye schr Montrose, of G » ig tite to Wi * Shas, “huh inet, Wan Welebay oe i ‘ Flleworth), Griffin, Neuvites, 12 days, witht 4c, to C & EJ Peters. meaner a Maiagorda Bay, 29 days, in ballast, 1a & siete cash mie PRS a a TT, 15 with, ie et at Aa of New Bedford, bound mos out, with 5: a bana . oranges, was Stover, Getchell, Bangor, 7 days, with lumber, 1a of St John, NB), Skinner, Hull, 58 days, with Adie Hharnee fof Rew Daren), e sehr Siuskinguim, steering 8; 17th int $8 Delaware Beat JG Wilden wid gun nat lat 36.40, lon 7436, haa & NE, which spi ‘O'Donnel, Ang 1, with hides de, to. . Fulekney, Port wu Prince, Aug 1, with Joewoody (Gt Bangor), Ryder, Lingan, CB, 10 days, wile Gain in 1860. ++93,895 86 | cost toorden, The Cincinnati Gazette, under date of Tuesday | Rcbr E Shedden. evening, thus notices money and exchange matters Bebe Peida, Mott Norfolk, 3 in that city:— Sehr Teorari k The country banks of issue are putting out their paper Sehr Henry Laurens, freely, poi yt Ba of them, in this pry and Indiana, have | cbr po agains the entire amount allowed a Sebr Z A Paine, circulation. Liberal orders were received here to-day, Schr Charlotte, from the North and other points, for bank notes. The Bebr Juno, Jchuson, discount market, 4 continaen moderatity enty Ser a 6 paper, which is taken at ten percent. Very little Seer ene been done below this figure outside of the two char- Schr Robert tered institutions, while fair names are obtained tosome | Schr James extent at 12 per cont. There was a moderate demand to- Bee 6S colt A further advance in freights to European ports has been established. The Shipping List of to- day reports: — The engagements of breadstuffs to Great Britain have 4 i it j Penguin, ton che Reaper to Rete ee NN, SE bee, Came op 7 BELOW. egain been very large at improved rates. To the Con- Canova, from Sunderland (before reported).—By pilot heat there’ nao more active business. In other vont Pasi, SAILED. rections there is nothing new recent x arrivals, the market is better 8 with tonnage suit- iin) Livertood tpaased at fe i Kerpek (‘Namen able for the Eur trade, bat ig no leas firmness M ‘ernon, £1 ; Nash Caras On the part of shipowners.” £5.58. has been refused for a | York jorfolk, de; Patapeco, c ship te load deals from. Si Joh, By to. Liverpool, © And Southern Chief, 1 ;, Moder, ium and small bottoms, suitable for the West lodia, Turks Islands; and otbera, &e., trade, are still scarce and wanted, Wind during the day 8. The Philadelphia Ledger of to-day reports of the Miscellaneous. coal trade of the week and season:— Bank Heiew Man—A telegraph despatch dated Boston, Aug: is again quite large, reaching | 18, siates that bark Helen Mar, from Caloutta June 8 for Bom the season by the | bay, put back dismasted June 23. Another despatch says she hak Amma | grounded off Calcutta, and will probably be a total loss. (The yar a, Talling oat of HM was built at Baltimore in 1855, 511 tons register, rated ‘wonderfully, and, | 412s, and owned by Geo Logan and others, of this city. ° end of the » ‘The steamship Arago, Capt Lines, salled at noon yesterday aggregate the largest estimates at the | for Southampton and Havre, with 87 passengers. Aa, natural consequence of & | ‘The British screw steamship Kangaroo, Capt Brooks, salled oa! tongs fot yesterday for Queenstown and Liverpool. She took out 173 last season to the rht a frei —— Last Incr, | 18th inate PRE was seen ashore on Island on tbe 300 7 261 184 Swensroox, NS, Ang 14—Rark of and f adie Teen Memes Maks | eeereeese WS, beg mess et ee Baa 653/814 47,034 | Sgak tn the Atlantic Ocean (no date) and put into Isead Sor'ass 1901088 | PHEA feet of water im ber halt. Del. & Lack. 490,590 140.777 | 24, un Buoy Merete bay inere) Roan 4 wren 7, ” PY 114.167 by N frotn Pet "Mean Lighthoe, having en trom. fa Streverton, Aig 1., 2221 68: mark the danger until further notice, 7 at Deen placed 19 Lykens Val., Aug. 11.. 4570 92/892 By order of the Lighthouse Board, Barclay RR, Aug. 1. L876 16,043 14,810 TRO. P. GREENE, Lighthouse Inspector, let Dist “Del. & Hod.; Aug. 4.. 16,965 27909068 ‘Me, August 15, 1860. *Penn. C. C., Aug. 4 ened, Whalemen. aeaiae , commen a Total +++ + $218,896 4,706,874 4,150,134 652,083 | AFT At Provincetown 14th, sehr N J Sparks, A: Dec. $18,180. *Dee. $38,819 — *Dec. $3,850, Oerigh ce: Anterams Oconee ae ian) Tonia araoes $2000 Tenn 6's, '00.. 90 40 Del & Hod Can Co Steck Exchange. 10 shs Irving Bank. 6 Commonw'h Bk. 5 Artisans’ Bank 50 Canten Co.. 100 Pacific 88 Co. b60 675 Bruns City 1'¢ Co 100 +s 60 Chi,Bor & QuinkR 50 do .....b20 1 WON YC rau ern brands, at a decline of about Sc. per barre! for some do... 00 do. bs RR. b20 Surcnate August 18, 1960. 250 shes MSo&NIRR 23 300, do .....d15 do. 2 a 2 aie 6 “ 4835 48% 48 a 4s 7” 125 50 do. 15 96 — 100 Ill Cen RR 86% % 800 do... 87 100 do 87 % 60 10 87% 20 «30 do. Sih 7 a) do. ....60 87% 8X 100 Clev & Pitts RR pPy 8%; 407 Gal& Chicago RR. $244 91-380 40 ..., 090 82% Saereneeeesastass CITY COMMERCIAL REPORT. Sareepar, August 18—2 P.M. Frown —The market was heavy for State and West. lower grades. This concession led to more activity, and ‘sales reached about 16,000 bbis. Werat.—The market wae irregular, and some grades closed 1 cent per bushel lower. The sales footed |, including new white Ohio at $1 90 9 $1 31, 70.000 bushels, to ‘white do, $ £ ; F 4 H eee embraced 400 a 600 up about 4a Kent white ‘estern at $1 23a 2 lees bouyant, while the sales bbls , at $19 84 @ $19 86 for new mess and $14 for pew prime. Covrrow was firm, + og a fair amount of rales, iy eal Frente were firm. SrOARS wore stom’ Net of about 1,100 bhds. ith wheat taken to Liverpool at | 114 ALS¢d., in bok’ aod WHmskey was ste! ¢. bags 7, with sales of 800 bbls. chiefly, at Arr 18th, schr Weather mn biktiah. “Reports bib,'¥ il Hil Preemae, S00 ap 130 einnehs ae Doane, Young, 65 inst from the RE of Prowin Loat overboard at the Northera edge of the Guif Stream, ‘L Gerald, of Frovingatowee 280 op and 1 pikiah to Wate, she ¥ Donne, Young of or 8 bo Spoken—Jnly 0, tat 42, lon 39, bark WR wi as alee 42, ton 39, Kingfisher, F issell, of ken, d&e. Spo! sik nea ree bee pf nee area — A hark showing a bine signal with « warn Te corre, wes oven hee W, lat Ports. Raxcror, June Prato 94 ‘Wheeler, and N B Palmer, Low, NYork; Contest. and Don Quixote, ———; Sib, Carditl. Sid May 27, EP Stringer, and Helen W ‘Risny, Ma p Romnay, June 1S—Arr_ Sea Lion, Glasrow (and ad 20tb for Kurrachee), Sid July 3, T W Sears, N York. foeAneanes, Aus ‘tia'por brig Séotiand, Francis, for Hart: Gxaxp Tors, TI, Aug 3—In port bark Lamplighter, for New York next 4: it Fione Kons, May 27—Arr Wirced Racer, and J. jelhonrne: Fly A Deean eed, Hanae Larraway, .° fr Manta A Tryxmto, Ang Sree from, 1—No Am vessel in i—No Am vessel in MSArF OLasoow, Orr CaFm Sipe fro NY tee deme Tie Lise, at 1 Caras ih, 40; Bolt, Henteon, "Ale xand |, Mason. mt corgnes, [ia 4 hed. brine Bain, foo M , ae Birr; eign’ tor Sahipa, 2 ow, ender, from Liv Pay Btat Hog. Surinam; John ern Belle, Pane, Hagior Grace, RF, 60 fe John Fuliott, Wood, Ay ee hemos bat to gier, IWih=Arr (uy te). bark Franklin, Trinidad; Foon er. ‘eattegar Pn, ‘dices, e i RD, “Arr sens and Willa, aod et bt neer. Duion Nore $e Hine Ane Tooke t Below hry MA Bh en rane: Cid v 1 1 Tyee battowt Mage” Lemuel Dyer, Pat PHILA aa tai son, Re hae tthe ntae Bee ship 4 J H Perkins, Goodridge, and Althea, Corse, 2 Stratton, Hal werbill; . Pall iver, Chas Oar- tae ie Treethenee, Ase ie asking, ‘Prirhaven; C0 ey