The New York Herald Newspaper, May 13, 1862, Page 4

4 rag NEW YORK HERALD, TUESDAY, MAY 13, 1862—TRIPLE SHEET. republican, the journal of the largest circulation (00,000) of any in Franco, and the organ of the industrial classes, and the Opinion Nationale, our stauuchest and most earnest friend. This latter journal was established two years ago last August, and it was well understood at the time that a cousiderable portion of the capital to found is was Sfurnishod by the Ino Prince Jerome, and that upon his death his interest in it was transferred to his son, the Pringe Napoleon, whose organ, indeod, it is now supposed to be, Its principal characteristics are generally liberal views upon all political subjects, an intense hatred of England, and a strong love for our country, in the mani- festation of which it has never wavered—even during the exciting discussions upon tho Trent affair, when the Presse refused to receive any more articles from M. Juif, who bad been writing in our behait, ani published others whieh were conceived i a bitter spirit of opposition. ‘The Opinion was urging upon France the nocessi.y of avoiding any coalition which would have a tendency to crush the grow ng power of our country and to strongth- on that of perfide Alion. ‘The Patrie of Saturday gives the Journal des Debats a blast, and quotes nearly the whole cf the recent articie of the London Post. The Stecleinquires if the presence of tho two aids-de-camp”’ in question has not had some influence upon the course whieh the Patrie has recontly pursued; and the Constitutionnel of yesterday contaias number two of the ‘War in America,’ in which, after maintaining the right of secession, praising Mr. Giad- stone and the Morning Post, and damning the Journal des Debais, it closes as follows:—'The people of America fight, but the people of France suffer; the American bat- Ue flelds are covered with dead, but the industrial bat- tle fields of Europe are cevered with wounded. And, unfortunately, 0 long as the war continues in America, 30 long will the suffering last in France and Fagland, ‘We have then the right to say ¢o the Journal des Lebats *You mislead public opinion in pretending that the war between the SoutM and the North is nearly finished.’ We enlighten it in saying that sueb is not the case, and thatevon if the armies of tho South should be van- quished the South would not be subjugated."’ The sudden and unanimous demonstration in behaly of the South made by the government journals, coming Simultaneously with the article in Lord Palmerston’s organ and the speech of the Chancellor of the Exchequer, accompanied with the news which reached us yesterday by telegraph, that M. Mercier had gone to Richmond, revives the, hopes of the rebels and ‘rather alarms loyal men here, with the fear that France and England are again thinking of interfering. That notes have been pass- ing between the two governments within the past week in relation to this matter there is no doubt, and itis generally believea in well informed circles that distinct Propositions haye been again made by the English Ca, binet that France should join her in breaking the block- ade, and opening a trado with the South. Thouvenel and Rouher, the Minister of Commerce (who. was converted to secessionism by Butler King), have, it is said, urged the Emperor to assent to the English propositions; but the Kmperor, advised by our staunch friend, the Prince Napoleon, still says “No.” In the meantime Mr, Slidell is working like a deaver with Senators and other mon in position; and on Saturday last had @ prolonged interview with M. Thou- venel. Hurry up your iron-clad vessels. As for M. Mer- cier’s visit to Richmond, it may be merely in the French tobacco interest. The agent of this government in Rich. mond has a large quantity of tobaceo on hand; and, with the reasonable prospect that the city will be taken by our tfoors, or possibly burned by the fleeing rebels, it would not bestrango if M; Mercier bad gone to protect the French tobacco, and attend to its removal to the French vessels, of-war in Hampton Roads. 7 Now that the Emperor has prorogued the legislative agsembly till Junc, we are expecting some sort of a de- monstration from his Majesty upon American Affairs, which may come at any moment. ‘The French journals and poopie are considerably con- fused and amused with the classic and ancient names of our Western towns—our ‘“Memphises’”’ and ‘Gairos,”’ and “Athenses” and “‘Corinths.”” You know they have ‘been having a smajfrevolution in Greece, and afew days since a provincial journal published the following lucid paragraph, headed:—®The latest news from Greece.!” “At the moment cf going to press we have rpceived a tele- gtaph despatch announcing that a battle had taken place at Corinth, and that the rebels bad been crushed;” and hen adds the sapient journalist, “Thus, it may be hoped: ig terminated the insurrection which for a moment me. naced the throne of King Otho.” We have been having some days of summer weather, and on Saturday last the thermometer reached eighty. five degrees of Fabrenbeit. IMPORTANT FROM EUROPE. Arrival of the Ilunsa and Etna, with Four Days Later News. How the American Rebellion Influences the Polities of France. Foreign Intervention Again Can- vassed in Paris. Napoleon's Opinion of Newspaper Cor- spondents in War. PRUSSIAN MILITARY MEN FOR AME..ICA: ADVANCE OF THE RUSSIANS IN INDIA. Zhe Czar’s Troops in Herat and Marching on Kandahar, boy Reo Ree ‘The screw steamer Etna, Captain Kennedy, which left Liverpool at noon on the 30th Ultimo, and Queenstown on tho Ist inst., arrived here at half-past seven last night. ‘The news is one-day later than that by the Hansa, making the full report four days later. The London Times of May 1 (the latest) learns by pri- vate letters that General McClellan's object is to landa regular siege train under most difficult circumstances. His troops are greatly irritated by the conduct of the government towards their favorite general. He has been deprived of ten thousand men when his plans were all completed, and he had taken the field to execute them. Suspicions are entertained that General MoDowell has mot acted with-perfect loyaity towards his old comrade and recent commander. He, as well asGeneral Banks, is now free to report directly to the War Department» ‘and to receive orders from Mr. Stanton exclusively’ Serious consequences may arise from Mr. Stanton's re cent degradation of General McClellan tothe pestof a commandor of a corps d’armic. ‘The serew steamer Hero, from Hull, for Nassau, N. P., after calling at Queenstown for coal, &c.,had taken her departure, with the intention, it was supposed, of at- tempting to run the blockade at one of the Southern ports. The London stock exchange and the royal exchange ‘were to be closed on the Ist of May, and a gencral cessa- tion of business in the city, in consequence of the opening of the exhibition. The various banking houses ‘will close an hour earlior—namely, at three o'clock. » The London Times, in a critical review of the apulpture {in the London Exhibition, saya In 1861 the Greek Slave, the work of an Amorican ar- tist, carriod off all the honors of sculpture, and again, on this occasion, we think the laurels will be awarded to another American student. Mr. store , Who has sent two groups from his studio at Rome, One figure is that ofCleopatra, the other a Sybil. As yet, nothing has come {nto the building which approaches them in originality of conception or power of execution. In another article the London ‘mes saya:— Another American artist, Mr. Mozier, also sends ove or two fine figures, though much behind those of bis fellow countryman, Mr. Storey. A Danquet had been given on board the guardship Majestic, at Liverpool, to Captain Judkins, to congratu- late him on his appointment as the first honorary lieu- ‘tenant in the royal naval reserve. ‘The Emperor of Russia having demanded that the Nunclo whom the Pope was to send toSt. Petersburg should maintain his relations with the clergy iu Russia only through the Minister ef Public Worship. the Pope had determined not to despatch the Nuncio to St. Peters” Durg. ' It ig proposed to present the freedom of the city of London to Earl Canning, late Governor General of India. ‘The British Board of Trade returns for March show a decrease of 113; per cent compared with last year. On the three months tho decrease is 43; per cent, and nearly 10 per cent compared with the corresponding quarter of 1860, The beaviest decline is still in some of the textile manufactures, partioularly cotton goods. During the month of April an average improvement of about 1 per cent has taken place in railway securities, Consols have advanced \ per cent, which is nearly equivaient to the accruing interest. The range of prices was % per cent. A riso of 3; has been established on the Paris Bourse during the month. The traffic returns of the Great ‘Western Raitway show an increase of £2,375, ana the Great Northern an increase of £324. Our Paris Correspondence. . Panis, April 29, 1862. ‘Ths Parisian Journals on American Affairs—Posi'ions of the French Newspapers—Prospect of European Intereen- tion—Slidelt Hard at Work—M. Mercier—The Too Co- rinths, de. The American Question tn France. OPINIONS OF THE PARIS PRESS. ‘The leading Fronch journals continue their contro. versy about American affairs, the Constitutionnel, the Pays, and the Patric (the three semi-official orgaas of the government) showing their sympathies for i ae, coded States, while the organs of the liberal party—the Siecle {the Opinion Nationale and the Journal des Debat:— openly advocate the cause of the North. The later journal is accused by the Constitutionnel of being so ‘strongly in favor of tho Union only since the addition of the nomelde fone the staff of Gen. McClellan. ‘What right, says t! u bas the North to Impose its on the South when the latter is unwilling tosubmit to it? When France was fighting for the foundation of the United States the , ‘The usual duiness sad stupidity of Parisian journalism | tended for by = rho bel that pocorn teen roken in exist only by the consont of these who are ” ‘has been broken in upon during the past week by quite a ooh Neribern Bi pod Narn hose all lively little discussion of American affairs among all the Principal papers. It was opened by the Journal des Debats, tho most re- spectadle and most ably edited of all the French morning Journals, in an articleon Thursday morning last, copy ot which Isent you. In this article the Journal they want to secede from the Union; but they should re- member that out of ninetoon Northern States eight atleast bave sustained the right of secession. The seven which are called New England States prociaimed, in 1814, that they hy leave om gee if Ley to the Ist of April, 1815, peaco-was not restored with England. And the same remark may be applied to Pennsylvania, where started out with the assertion that the recent | ®%#% 0m the distilleries was sufficient to raise tne seces- victories of the federal army gave reason to | stmnSetencnatee Prerimey Of Washiogion, the Delieve that the war would soon be over, and de ended by the submission of the Southern States; and in view of this event it then pointed out some ma. terial changes which it thought should be made in our form of government, in order to prevent any such catas- ‘We have, therefore, says the Conslitutionnel, the right to say to’ the Journal des Debals you mislead public opinion when you induce it to believe that the struggle between the Nerth and the South is nearly at an end. We enlighten it when we state that such is not the case, and that, even were the Southern armies defeated, the South would not be sbdued. only one-third. sailing vesse's of the ‘trophe in the future. This article has aroused the ire of the Constitutionnel, which, in an article on Saturday last, in which it claims that the battle of Corinth was by no ‘means a federal victory, and that there is no hope of » speedy solution of our present difficulties, charges upon the Jowrnat de: Debats that it has materially changed its position in relation to our affairs since September last , when, inan article upon them, it said:—The Union i, gone; the North has but to resign itself before the set- tiled determination of the South, as before an inexorable fatality; and then asks, “Now, what has taken place in the interval of these two articles? Has the federal army gained any grand and decisive victory? No, but the aff of General McClean has augmented it- self with two aids-decamp. That is the miracle of the conversion.” Those who know the satus of the Journal des Debats among the Paris newspapers will understand the sarcasm of the Cymstitutionnel. Ever since the do- thronement of Lo Philippe the Journal, although it has beea conducted with such masterly skill and caution as never to have rvceived but a single avertissement, has always been understood to be the organ of the Orleans party, which in Fronce is the respectable liberal party, end there is some truth in the Constitutionnel’s assertion that since the Comte do Paris and the Duc de Chartres entered the federal army the Jowrnat der Debate has ex hibited a great deal more enthusiaem in our bebalf than it did before. It ipa fact which should not be lost sight of , in appre. ciating the articies of the Paris newspapers upon Ameri- can affaires, that al! the journals which pass for porsessing ‘a semi-official character have taken up the cudgeis in favor of the South, while all those which have been earnest in our behalf are known as “opposition jour- nals.” The formor are the Constitutionnet, the Patrie and the Pays. The Constitutionne! is supposed to derive ite inspirations from Count Walewski, Minister of State, and the Count do Persigny, Minister of the Interior; while the Pairie obtains ite from the Viscount dela Guorreniere, formerly director of the department of the press, and now a Senator and an intimate per- gonat friend and adviser of the Emperor. The Patrice and Pays, it is well known, were subsidized in behalf of ‘the confederacy about the time that Judge Rost made his appearance in Paris, and since then have been made the medium for publication of all the lies which have Bete sent over from America and manufactured here, for the perpose of prajudicing our cause in the eyes of of Burope. For a short time after the arrival of Mr. Slidell the Patra geomed to have cooled down im its enthusiasm, ‘but within «few weeks past it bas become as rabid aud pe unscrupulous as ever, and it is well known that the managing editor is a constant visitor at Mr. Slidell’s, and that much of the matter published in it is furnished by the Confederate ‘‘ambassador” himself. Go tnach for the journals opposed to us. Those upon ur side ore, apt have already mentioned, tho Mar, the organ of the Orloanista; the Presse, liberal and oppo- sition, of e.igutiy republican tendencies; the Siecle, live new incident, brought forward by Mr. Seward for the necessities of tho war, gives it as its opinion that the ee ee on have separated from the jac’ which impcsed a du'y of nearly sixty per cent on Euro- pean manufactured articles, thus placin, trade in the hands of th the duty and the interest of France to remain neutral in the American conflict, her political traditions eannot al- Jow her to remain indi ciple ae in the —_ ‘s ey s the flag of slavery, an jag of the North is the of freedom; now less than ever oun this be Contested, Between these two flags we feel no embarrassment al in making a choice ; we have done 80 a long time agoand persist in it, without any necessity to justify it, and less to excuse it before public opinion, ‘The Pays, after having repeated that slavery was but « manu- turers of the North on account of the Morrill tariff, ig the American Northern States. je Journal dex Debats, tat if it is We maintain, says t The flag of the South is ai OF M. MERCIER’S VISIT TO RICHMOND. THE OBJRCT (From the Paris Cone correapondence of the Nord, jr ‘useels.) * * . * « . . ‘The ques.on @f who won the last battle ts not, how- ever, of most importance for the present; it is in the ex- cursion to Richmond of M. Mercier, the French Minister at Washington. This excursion has a political bearing which cannot be overlooked, and, if any final settlement does not issue therefrom, jeast make some openings to the Congress of Richinénd. Every one is aware of the fact that, the hot season be- ing near at hand, the strategical operat! come impossible in the Southern States; it is, there. fore, open to solve amicably that great question, which for too iong ‘a time already thoy have endeavored to decide by war. I may be mistaken in my opinion but [ believe that the ond of the war will be the result of that trip, or that it is at least the Ciameaing oC the end. French Minister will at tons will soon be the time to Hegotiations aud try The Paris Opinion Nationale of Apri! 29 says that the language of the official journals and the general tone of a correspondence pubit by the Moni‘eur might lead to suppose that a new attempt to reconcile the North and the South was the object of M. Mercier's sudden depar- ture for Richmond. rEniino oF TmE bopinee FOR = umtow. (From Galignani’s mp oan ril 30. The lotter addressed some days dl By the bishop of Orleans to the clergy of his diocese on the subject of slavery, isstrongly praised by M. Prevost-Paradol, in the Debats. Mgr. Dupan'oup, the writer observes, does not by any means invite the Of his diocese to meddle with foreign politics, but merely to Poe Sad) four millions of siaves whom the Presid ‘the United States, in his Message of March 8, to Congress to restore to freedom. The article then branches off into a series ef observations on the American conflict, and oxpresses in confident ian- ¢ the belief that the North mast in the end establish ite snpremacy. TEE MODERATION AND COMING TRIUMPH OF THE UNION. (From the Paris Debats, April 30.) Lot those who accuse the North of ambition and se. vority be sincere: they would have overwhelmed the the North with their contempt (and justly so) if the Nerth hai resigned itself to the ruin of that vast empire Withous straggle. ‘¢3e0,"" would they have said, “how democracies aro incapable of defending themselves, and what cowardice was concealed by the proud janguage of those traders of New York and Boston!” Those who were chargod by a regular clection with the teavy re sponsibility of the federal government during this torrible crisis have not, thank Heaven! incumred such reproaches: they have not hesitated a moment in their duty, which 4 to perish, arms in thoi hands, rather than consent » the destruction of their country: they have not for a moment admitted the posstiiliuy of a of te repullic, They have signified their resolution not only to the New World, but also to the Old, where their embar- Tassment was looked upon with pler'ure, and where the was a disposition to triumph ai thoi weakness. The therefore decided om war, and organized it over an im- mense territory, against enemies better prepared and more war! and no check diminished their courage. They hove at last brought things to che point at which wo Sve thei: now, overeoming that diilicully of distance which had been declared to — be insurmouniable, aud sc oking at the @ame time at Richmond, New Orleuns and Charleston, if not the immeriate re-establishment of concord, at least the end of the revolt and the welfare of the country. And cuning the darkest days of this civit war, openly encouraged abroad, when their reverses were tie severest, with the enemy at the gates of the capital, and trea- som within their walls, taey did not act against a single sus- pred person, nor put to death a sincle guilty on’; they ave only shed blood on the flelds of battle, where volun- toers, and volunteers alone, give their lives daily for this just cause. That ts the spectacle which we, F enchmen, gran ‘sons of the glorious foun ters of tha! r public nev .on- t-mplate no’ with a complete mninff rence, bis: with that r2- lazed atlention and in tha’ state b tren sleeping ond wak- ing which renders us incazah: of all great emotion, Kut posterity, which puts everytuing im its right place, will compare the defence of the soilof Franco in 1792 with that sanguinary redemption of the American republic, which appeared for an instant about to perish, to the great detrimont of France and to the joy of the enemies of free stitutions over L..0 entire universe. THE AMERICAN REBELLION AND THE TRADE FRANCE. [From the T ondon Times (cityrarticle), April 30.] Areport on the commerce and finance of France by Mr. Grey, the Secretary of Embassy, just published among somo other pariiamentary papers, contains a con- ‘eige review of the fiscal and monetary operations of the French government throughout the past year. It was a period of great trial for that country, and, looking at the various diificulties that had to be surmounted, thy result has boen such as cannot fail to convince all careful ob- servers of the incalculable benefit already produced by the change to a more jiberal trade policy. At the open- ing of the year the 1 of italy and Austria created An uneasiness h pein hatin bi ‘Vonsaed ¢iat proceedings, and subsequently rr iit dwruption of the United States, iJ ‘with the tremeadous and annually perveeng deficit discoverod and avowed by M. Foul between revenue and expenditure, brought so accumulation of the worst perils the country coul! be called upon to sustain. The shortcoming of the har- vest, although not quite so severe as had at first apprehended, proved no leas than one-eighth of the con- somption of the entire country, and represented a money logs of £14,000,000, while the struggle in America moro than half destroyed one of the best markets in the world for French productums. The United States in 1859 took 218,000 hoctolitres of French wine, and last year the quintity was only 85,000. The de uand for Freuch si.ks and millinery was likewise proportionably affected, and inconvenience was not restricted to the actual falling off in the exports to America, since other markets were also influqnced by the commorcial uncertainties the cot- ton crisis had caused. Yet at the end of the twelve months the bullion of the Bank of France was within £1,000,000.0f the amount at which it had stood at she ¢ mmencement,and the aggregate falling off ia the ex- pots was not more than £8,000,000. ‘The accounts concerning the state of employment in the manufacturing districts reach in these documents to the Sth of February, and indicate that the course of affairs in America was felt more seriously in than in Manchester. at that date one-half the operatives at Lyons were out of work, one-quartor were working only half timo, and only the remaining quacter full time. 4 hundred thousand workmen ware then said to be dependaw in Lyons on public and private charity. ‘This standstill,” it is remarked, “is not caused by the commercial treaty with England, of whom the Lyons manufacturer has no reasoa to be afraid. It is caused alone by tho want of orders from abroad. North America’ Mexico have ordered nothing, South America orders'less by one-half than in former years. The East and Constantinople hard- ly take anything, and_even England, which used always to buy the richest stuffs, has greatly curtailed its orders this yore, a is attributed to the mourning for the ince te ‘Paris (April 28) correspondonce of London Times., de of the 19th inst..stutes that Jourdain, one of the principal ers of that town, has informed his workmen that the present week he will find himself under the cruel necossity of reducing their Qours of labor in his manufactory Anya in order that his Sak. Sota ey ae longer. He added, however, that he would reduce their wages by 4M, Jourdain is resolved to make in order to. give to his numerous operatives oF Napoleon on mowereyere Correspondents Paris 26) correspondence of the London Times.} f The ‘ ‘asal of the President of the United States, or of his Secretary at War, to allow your to be present at the headquarters of the fed army under General McClellan reminds me pay h foreibly of the con- japoleon in olrcumstauces. did not ‘ly belong to his functions, y the a) ion to the Emperor's headquarters io Italy, His Ro time in replying, and id about that war, its badle object and its tterior consequences, not tO speak ‘of the adverse opinions often 0n several acts of the Im government, to ite domestic and foreign y, it must be admitted that the answer of the Em- peror was greatly to his credit; and Iam an opportunity of contrasting the dent Of the ‘*free and enlightened lic’? with the who lod bis own arcajes in the Tho Fimes makes a disclosure of the general desi of the iralty with respect to our future navy. - Pataca Sa ea a geabess will be belle ber. The modern theory of armor will Bavy, not entirely but They will be protocted at ail points aud #0 much of a shield as will save them from re, bat not so much as would destroy formation is derived from a letter which it SS Mr. E. Abpea eg mem by the Admiralty to co-ope1 ‘ing sea; nev the advan! 2 of 5 have hitherto peek to ships, such asthe Warrior. Westwoud, Campbell are to be paid £46 per ton for building the iron screw steam frigate Resistance, eighteen guns, 1,800 horse power, but this comprises certain fittings. a1 Bhosbubfnees aac uncotl tore, "Ths, prost consited of four rounds; the first with sixty pounds of 5 the second yornTs? pounds, the third cighty pounds, and fourth with ninety pounds. After the proof, further experiments were carried on with the same gun, to ascertain the velocity obtained with large charges of different kinds of powder. “Distingaished” German Officers in America. - i Berlim (April 26) correspondence of London ‘ two pn tocny. announce—on the ‘strength Jot letters ond nows irs from New York—the arrival in city of Lieutenants Von Sobbe ‘and Putaki, the two Prussian oflicors who first slew an ino servant and then broke the parole, which had beea most blameably accepted as almost the sole security for their safe keeping until their fate should be docided upon. Even the uniform they wore and the « that preceded their names could not palliate offenc’ and they betook thomselves to the States, doubt! ant those high commands in the federal army to which their past exploits and the military expe- perience ny had acquired amid tho hardships of garri- son life and frequent reviews manifestly entitled them. It would scem, however, that the Yankees did not view it im that tight. Tho New York of the Sth inst. heads ita mention of them with the words, “ Arrival of two Murderers; and, after siating that they had gone by way of Ostend to Southampton, and thence had taken the steamer to America, mentions tha{ they were ar- Tested on landing, and conducted before the Prussian Consul General, who, however, deciared that he had no instructions respecting them, and could not stir in the matter, Other American papers have proteste|, it ap- pears, against the idea of their admission into the fede- ralarmy. The Invasion of Mexico. SPANISH OPINION ON THE FUTURE GOVERNMENT. The Bpoca, of Madrid, contains articles supporting the candidaey of Archduke Maximilian to the throne of Mexico. Other Spanish journals uphold the principle that Mexico should be free to elect its own ‘ament. statements in privat Turkey. France, supported by Russia, had ooo tad inst tho invasion of Mont by the Turkish troops. frontier consequently would not be crossed. Negotiations wore in progress tor the marriage of the Gultan’s niece with the son of the Bey of Tums. India. A Calcutta telegram of tne 12th April quotes cloths 9d. and yarns 14. highor, while freights were declining. another despatch quotes freights om seeds yto London at ‘7T0s,, being 28. 6d. higher. Produce was steady. ‘The details by the Calcutta mail of March 22, add nothing of interest to the accounts already published Nothing is said in + a to the Confederate privateer, which, by the former mail, was reported to have made ite appearance in the China seas. The Persians had occupiod Herat and were advancing oo Kandahar, British aidghad been asked by the Afghans The Latest News. Lowpow, May 1, 1862 ‘The Stock Exchange and all other placos of business aro closed, this being the opening day of the great Inter- national Exhibition. The Frouch Panis, May 1, 1962. vet states that negotiations, with tho in America, or the recognition of the South by the prin- cipal States of Europe, has been carried on between Paris and London throughout April. Instructions on this wise had been sent to M. Mercier, when the late battles are said to have decided France t abstain from intervention for the present. Sr. Paransnore, May 1, 1862. Tho Journal S!. Petersyurg doubts the probability of the Western Powers interfering in American affairs. Qvenstown , May 1, 1861. ‘The steamship City of Baltimore, trom New York, ar- rived here this morning, The Latest Markets. Lonvon Stock Excaamar, April 30, 1862. Srening. Dricer--Copacia for money, 93% a 94; do. for Account, 05% a 94; new three per conte, 9254. Closing nsols for money, 93% a %; do. for account, 9 13-16 @ 16-16; new threes, 924. ‘The London Times of May 1 gives no information re- sper’ ' yg the Russian loan. eae Th London News of May 1 says, according to one re- port, tho total amount.as yet applied for im market fess than one million, R attributes the firmness of the stock markets yesterday to the practical failure of the loan in thiseountry, Most of the principal ratlways expericaced a further moderate rise. A sum of £2,700,- oO was paid up yesterday on account of the Ottoman -u. Glyn’s banking house was quite besieged during the day by the applicants. The scrip has risen from 234 to 234 premium. A further sum of £40,000 in was takeu from the Bank yesterday for Spain. is _con- tinually bemg sent vo that country, and ppmone of imports recourse is had'to the-stock in the ‘the London Times city article says the market for cotton gyods at yr has assumed a better ap- pearance, in consequence of the tone of the advices from Ct The article = 7 | object of diplomatic intervention of the maritime Powers says the stock steady yesterday (April 30) at the im} Tuesday. The lway market firmness, Tn the discount caarket ser demand, in consequence of the-prepayment under dis- count of the instalments on the Turkish loan. Taverroot, May 1, 1861. Pi Senet co ni bales. The market closed Breadstuffs dull and easier. Wheat very dull and de- clined 1c. a 2c. per cental. Provisions.—Tho market is very dull. Suiprwa.—Arrived from New York, Rosa Bonheur and ag at Waterford; Evadne, at Kingston; Reform, at ‘Liverroot, May 1, 1862. * The rumors of French and Knglish intervention in American affairs continue, but they arc not very au- thentic. One report guys the two governments had agreed upon it, and that the wisit of the French Minister to Richmond was connected with the alflair. The Tarf. TROT TO-DAY—THREE GOOD ONES ENGAGED. Native American, Gray Eddy and Sunnyside trot to- day on the Fashion Oourse. There is roason to believo that it will be a closo and interesting contest. Native American and Gray Eddy are well known hore, and highly appreciated. The black mare Sunnyside is a stranger, but great things are expected of her. She has th: -eputation of being a flyer. This trot will give sport- ing men the betting cue for tho many stakes and purses in which Eddy and the maro ‘are engaged with Widow Machree. Plenty of money is offered that 2:28 will bo made, tho Spirit of the Times.] New York awn PHuapeurma ENTRIES FOR Tag Stakes avy Haypipar—Ovd Kentucky IN GREAT Sraxxora.—The list of ontries wo publish below for the threo-year-o'd stakes, at York and Phitadelphia, and the handicap. at Now York for all ages, will satisfy the most incredulous as tothe iid. pros; there ts, now before us for the revival of racing in the North. Without taking into account the famous horses which the Kentucky. ean, to, bring here to run for the purses offered, entries for the syroapetakes, apd handicap which we give below, compose such a gala: tmp epee ee as = never seen in the Nort fore at any one mecting, We must premise b; i that theso eatries aro all that hed come tohand on Satur day last, but as on that day ono letter was recoived which had been posted on the first of the month, it is not jpnomible that other nominations may yet bo re- ceived. For the sweopstakes for three year olds. two mile at Now York, suoetow r see ecenenet » A. Alexander «4d. £, + by Lexington, dam Kitty Clark, aoe ee B.A. Alexander, *Eaq., Yt ay owes » by Lexington; dam Bayleaf, by im; ve . R.A. Tar Norton, by Lexington, dam Novice, by Glencoe. Hon, Zeb Ward and W. F. Jones, b. c. Blondim, by im- Glencoe. ported evereignidam by Col. Cam bell. ch. c. by Wagner, dam Fanny Camp. Gol: Carapboll <b. ¢. by Wagueb; dam Mary ob. c. » danr ‘Taylor, by imported Sovereign, need A. J. Minor, ch. c. West Roxbury, by Balrownie, dam Columbia, by Glencoe. A. J. Minor, br. ¢. Sunshine, Er ere dam im- portod Comfort, by Irish Birdeatcher, P.C. Bush, br.f, Caprice, by Zanoni, dam Madonna, dam by imported Yorkshire. P. C, Bash, ch. f. Aorolite, by Revenue, dam Rhoda, ry. Capt. I. G. Moore, ch..f. by Brown Dick, dam Isabelle, ‘Swoopstakes for thros year olds, $25 each, play or a mile and a half, New York, B 3 following ars ora. uated:— R, A. Alexander, filly by Lexington, out of Kitty Clack. BoA. Aletander, Bef Bayflower, pedigroo above. R.A. er, b. Nevton, pedigres soove, (ias Jessie, by Revonue, dam Fanny ‘A. J. Minor, ch. ‘A, J. Minor, ch: ¢. West Roxbury, lage oo? above. Hon, Zeb. Ward, br. f. by Lexington, dam by imported ba eet Campbell, ch. by We canon: , ch. c. by Wagner, dam Fanny oon Campbell, ch. ¢. by Wagner, dam Mary EIS Bish, br, f£. Caprice, above. Houdi sweepstakes, for ages, two miles, Ne York For his the following aor ‘are made:—"" . Weldon, Lightning, 5 Lexington, dam Blue Bonnet, by imported Bi Dr. Weldon, Ward, 5 years, by Lexington, dam by Whalebone, he by Cherokee, and he by Sir Archy. ee imported b.c.4 years, by well. “ae, Minor, ch. c. West Roxbury, 3 years, pedigree e. Sunshine, pedigres above. isa Jessie, 3 years, above. 4 years, by Lexington, dam , ch. f., 4 yours, by Wagner, dam B. Reade, b. m. Belle, 4 years, by Monarch, dam by two year old stake failed to fill; onlythree entered, and five "are required #0 fill. "The -following are J. T. Watson, b. ©. Capt, Moore, by Bairownie, dam Jenny Rose, by Glencoe. J.T, Watson, ch, ¢, Aldebaran, by Commodore, dam Lewis ‘alencoe “5 " iy y ' P, C. Bush, ch. f. Blue Ribbon, by Revenue, dam Para- a reeny Yorkshire. Bominations for the three year old stakp at Phila- delphia aro the same as those for the New York race, ‘two mile heats, given above, except that Aerolite, by Revenue, is not’ nominated for the former, It will be seen that eleven splendidly bred colts and fillies are nominated for the race at two mile heats, in New York; that nine are in for the sweepstakes, a mile and a half, play or pay, and that for band! eleven famous horses have subscribed. Among are to be found the famous racers Li hining, Reporter, Laura Farris, the English horse Hulsboroug! , by Stock- woll, Bettie Ward, &c. We are certain that these entries will come up to the most sanguine oxpectations that have ‘been formed; and when to those are added thefamous horses hold in reserve by Moore, Mr. Alexander, Mr. Ward, Colonel Campbell, Mr. Mallory, and other Ken- tueky gontiemen, to rum for the purses which remain open—the stakes only being closed—the list will be such a8 was Dever surpassed at any one meeting in America, and never before equalled here. Ft Day of the Seventy-first Regiment. Tho Seventy-first regiment Now York State Militia had @ grand field day yesterday afternoon, at New York, quite alarge number of military and civic gentlemen, Desides ladiee-—w he always take ploasure in attending military pageants—being present to witness ma- noeuvres of the soldiers in battalion drill. Mary Taylor. T ‘The day was remarkably fine, and the spectacle presented on the was traly exhi about six hundred Of the rogiment turned out. the business avoca- tions of the balance precluding them from joini The men arrived on the field it two o’clock, and were at once formed under the supervision of Colonel Martin, who put them through their exercises in « rigid mannor for three hours. Nearly every movement was performed in a soldierly and precise manner Cig ont the loading and firing with Dlank cartridges. Wheoling into line, forming by companies, &c., were also admirably oxe- cuted, and the men showed that thoy have not boon idle sioce their return from the seat of war. About half-past five o'clock the regiment proceeded to New York with the intention of seronading Mrs. McClellan, previous to she serenade by the Beveat regiment at the Fifth Ave- nue Hotel, Agu ror Wouxpan Paewerivamias Sovormrs.—Mr. Stewart Newell of this city has been appointed by Governor Curtin as agent in this city to receive and care for wounded Pennsylvania soldiers arriving here from the seat of war. Mr. Newell's offic at No. 34 Cedar street, FINANCIAL AND COMMERCIAL. Monpay, May 12—6 P. M. To-day’s bank statement compares aa follows with that of last week: Werk ending. Loans, Specie. Cire $133,406, 418 95,175,828 8,48: Gr PORE Y tie May 3 34,685, 1 May 10..... 198,948,211 32,230,868 8,830,321 116,560,206 Incrense.. $6,041,708 — 347,539 6.00,671 Decroase "= 2,936,900 ~ pt The enormous increase in the deposits—some eighteen millions in three weeks—explains the eave of the money market and the excitement in stocks. Without any victories on the part of the Union troops, this unparalleled incr: in the volume of | money would have‘caused a development of specu ation and a deoline in the rate of interest. The nerease in the bank loans, is larger than was ex- Pected. It arises, of course, from their purchases of seven-thirty Treasury notes and government bonds. The decrease inthe bank specie arises, in the same manner, from their exchange of gold for Treasury notes, The actual amount of gold in bank to-dayfis considerably leas than is shown above, though the reserve is far larger than is re quired in the present state of things, The money market is extremely dull. Money is offered everywhere at 4 per cent; one house had over three millions offered at thia rate to-day. On gold and exchange money is offered at 3 per cent. ‘There is no paper atall, sotospeak, in| the market. Certificates of indebtedness are selling at 1-16 a ¥ premium, and 7.30 notes at 106. If we do not have an era of wild speculation here this summer it will not be for want of the right materials. Foreign exchange is firm at 114 for bankers’ bills on London, and 5.00 a 4,95, for francs. There is very little demand for bills; many importers are waiting to see when Southern produce will begin to goforward. Gold was in fair demand to- day at 10834 = %, closing 103) bid. Some of the short sellers of gold have been closing up their in- terest. It is not so easy to make contracts as it ‘was; people prefer ta buy ‘the gold out and out, and borrow en it at 3 per cent. The stock market was bueyant and excited to- day, partly.on the strength of the capture of Nor- fol and the destruction of the Merrimac, and partly in consequence.of the steady isicrease in the supply of money. At the start, before the first board, prices were 1 a 1% per cent higher than .at the close’ on! Saturday. When the first | board met a depressing influence was exerted by heavy cash sales of Pacific Mail, and by the slaughter ‘by a leading operator of some 5,000 Erie old. This checked the tendency of the mar- ket, and for an hour or so it looked as though it would not readily rally., About noon, however, fresh orders came into the board, and a start en- sued, everything rising considerably. The board did not adjourn till'about two P) M., and nothing was done between then and the second board. At the latter the whole market was excited and strong. Governments rose this morning to 10534, closing that, bid for the. coupons, while the 7.30 notes sold at 106. .Tennessees and Virginias each advanced 1 per cept; Missouris 4%. Pacific Mail was very mercurial, as usual. After closing at 115% on Saturday, it-opened. this morning at 116, fell off rapidly to 112, onjsales of about)600 shares, then rallied to 112%, 113, 114, 115, and at last could not be bought under 11534. It is just. as likely as not to be 125 within a week. Panama was without change. Central and Erie, old and preferred, were all about one per cent better this evening. The Western’ shares were generally active and excited. Rock Island rose 2 per cent, guarantecd 2, Toledo and Michigan Central 1%, Iinois Central and Galena 134, Southern old 34 per cent. The market luoks an extremely healthy one, the most active stocks and those most likely to ad- vance being, as last week, Galena, Erie, Illinois Central, Toledo and Hudson River, The market closed very strong, the following being the last quotations:—United States 6’a, registered, 1881, 105% a. 105%; do. 6’s, coupon, 1881, 10534 a 10554; do.|5’a, 1874, 95% a 95%; Tennessee 6's, 60% a 605%; Virginia:6's, 60 a 60; North Carolina 6’, 72 75; Missouri 6’s, 5334 0 5314; Pacific Mail, 114°, 115; New York Central, 89% 2 90; Erie, 4034 a 40%; do, preferred, 6734 a 68; Hudson River, 44 0 44; Harlem, 14% a 14%; do. preferred, 37 a 3734; Reading, 49% » 49%; Michigan Central, 61% a 62; Michigan Southern and Northern Indiana, 26 2 64; do. guaranteed, 52 a 5234; Panama, 129 a 129}; Illinois Central, 6314 a 6344; Galena and Chicago, 738 Cleveland and Toledo, 47% a 47%; Chi- cago and Rock Island, 66 a 6614; Chicago, Bur- lington and Quincy, 69 70; Milwaukee and Prairie du Chiem, 29% a 30; gold, 103% a 10354. The public continue to send in their legal tender currency to be exchanged into funded stock. To- day Mr. Cisco received several applications; among others, one for $100,000. The business of the Sub- Treasury was as foliows:— The exchanges at the Bank Clearing House this morning were $34,473,630 17, and the balances $1,944,498 18. The Grand Street and Newtown Railroad Com- pany have declared a semi-annual dividend of three per cent, payable on the 15th inst., at the office in First street, near South Seventh street, Brooklyn, Eastern District ; the Essex Company, of Boston, an annual dividend of six per cent, payable on the 14th inst. The annual election of the New York Exchange was held to-day. Mr. W. M. Vermilye declined a ro-election to the Presidency. The ticket chosen is as follows:—For_ President, A. B. Baylis; for First Vice President, M. A. Wheelock; for Second Vice President, E. 8. Munroe; for Treasurer, Le Grand Lockwood; forSecretary, George H. Broad- head; for Assistant Secretary, J. W. Munro; for Roll Keeper, E. A. Shipman; Committee on Secu- rities, A. Campbell, P. Marie, William H. Neilson ©. B. Marvin, J. W. Underhill. The Chicago Tribune of Saturday says:— ‘The annual meoting for the election of directors was beid at Sterling on the 7th, when, to the astonishment ‘and confasion of the Galena interest, stock to the amount of over $250,000 was found to be in tho hands of the friends of the Chicago and Rock Island Railway. The friends of the Galena Company charged that the stock referred to was fraudulent. that thoy would have no fel- lowship with it, and withdrew from the meeting. Of course the friends of the Rock Island road claim that there is no fraad about it. It is probably the beginning of @ very pretty fight for the lawyers, the results of which will be reached in the distan$ future. Our readers aro aware that the Storling and Rock Island Rock to be by several miles tween Chicago and Rock Island. The road has for some time beon nearly all graded, ties were provided, and all it needed was the iron to complete it. Most of that, it was understood at one time, was purchased, and the road, ac- cording to promise, ought to have been running many months ago. But somehow the matter fell through and the road was not com |. The friends of the Rock Island Railroad kept 18 open from ton till two o'clock, and elected tho lowing Board of Directors:— William Pratt, W. L. St. John, Charlos W. Maybury, Jobn P. Babcock , James H. Moulton, Francis Bradley, K. W. Jo John F, Tracy, Elisha P. Reynolds. During the day the frieads of the Galona Company elected the fol- lowing Board:—Thomas D. Robertson, Nelson Mason, William M. Kilgour, J. P. Anthony, Henry Sardonos, Jobn Q. Wynkoop, C. C. Teate, Justus Kew, Augustus Rice. Stock Exchange. US6's1881,reg 105 aca os +s $55000 i 10 89 149000U86's,1881,cou 105% 50 do.. 116000 d0....,.. 10534 100 do. 10000 do........ 106% 100 do, S00US6's,'81,0rwly 104 60 do. Polenta ae a . Use, T4cou. 98 00 Rrie RR 900 do. 50 do. 600 do. 50 do, 1200 do 650 do 5 4% 3750 do. 4000 Kentucky 6’s.. 93 60 39 6200 Illinois warioan 9T 37 67 1000indianawarloan 95 200 1900 TH cou bd, "08 Bs] 1000 250 200 100 260 200 50 60 do, 10 Harlei 100 C 2000 ErieRR3w b 83 60000 Erie RR4m bds 89 9000 Buf, NY& Prim OL 1000 HudRiv 8m bis 9000 MiC 8pcimsfebs 4000 C.B&QRRSpe bs 12000 Mich So 2d m.. ae) Wr ervees ‘ 1000 Til Con RE bds. 923g 1001i Con RR scrip. 62%¢ 5000 TerHakAlt2dm 2 50 Me 62% 3000 Chi&NWafbds 94 650 63 15000 Chi & NWistm 58 50 63 10060 d0s...s.e0 686 eax ‘8000 Chi & NW2din 24 63: 9000 Hap&StJoRRbs 47 . & 5000 Del, La &W 2d 100 - 19 17000 Tol&WabIstin 90 . 20 10000 do......! 30 904K 2036 10000 Tol Wab2dm 5835 bso 20 2000 68% 10 Cleve,Col&CinRK. 116 1000 Gal &Chi'iat m 104° 40 Galooa &Chi RR, 5000 Clev&Tol af bde 92% 2000 Clev &Pitts4m 65 gold do......b80 65% 400 50. Chi,Bur&Qu’yRR. 69 * 50 213 Mil & Prdu 22 210 50 es ancadess 20) 50 50 MU&P duCadpref 64 So 52 Tol & Wab pref.. 253% 105, 10 Now Jorsey RR...) 135 Chin ‘2 Panama BR. $5000 U S 6x, ’81 g 105%. 1/81, reg 1 5000 US6s, ‘alcou 10596 5000 do. ++ 10534 BsSTegRRSse RR KARR, Rass BK do. 100 do. 200 Chi&R’k I 85 New York City Banks, May 10, 1862. Amerios.......$6,826,400 1,288,575 55,519 6,776,778 Amer. Exch’ge. 7,029,743 2,002,421 270,935 5,614,990 Atlantic. 496,767 430,783 Butchers? Broadway... Bull's Head esgeras 2 $83 EEE Imp. & Tradera’, 3,179,473 Leather Manuf. 1,719:988 .. 755, Manhattan .... 5,195,109 1,687,470 8 d 5 BeSe8a85 Cet od $2 +7 e $ aguneces iE 892,709 Total -$138,948,211 32,239,864 8 830,321 115 560,206 CITY COMMERCIAL REPORT. Mowpar, May 12—6 P. M. Asums.—Small sales of pots wero making at $5 6834. pearis were in light stock and quotations were nominal, Basaverurrs.—Flour—The market was heavy andlower and closed at adecline varying from Sc. to 15c. per bbi. The sales embraced about 14,000 bbis., closing within the following range of pricea:— Superfine State. s Extra State..... a a a 8 cannes & SSRSRSVasa —Canadian four was heavy aod lower, with 1,500 bbis., closing within the range of the above quota- tions. Southern flour was lower, with sales of 1,200 bbis. within the range of our figures. Rye flour was steady at quotations, with sales of 300 bbis. Corn meal was lower ‘and ia good supply, with sales of 260 bbis. at quotations. Wheat was lower and prices were irregular and unset. ted, out more active at the concession, with sales ree ported of 60,000 a 70,000 bushels at $1 21 for choice am- ber Jersey, $1 60 for a smaii lot of choice white Western, $1 40 for white Michigan do., $1 15 for mixed Stato, $1 08 a $l 10 for Canada club, $1 11 9 $1 12 for Milwau- kee club, and $1 10 to arrive noxt week. Corn was lower, with sales af 45,000 bushels at 50c. a S1c., in store, and at 52c. a 52c., delivered. Ryo was rather heavy, with salen of 2,700 bushels Stato at 8lc. a 2c., afloat and de- livered. Barloy was quiet, with sales of 2,000 bushels Canada West at 870. ‘ley malt was quiet, with small sales at $1. Onts were dull and lower, with sales of Canadian and Western at 38 }¢c. a 40}¢c., and of State at Alc. a 42c. Corras wag rather firmer, and closed at an advance o kge. @ ge. per Ib. A cargo of 3,600 bags io, per Esther, was sold at 19!gc.; 500 do. ordinary at19c. A sale of 1,300 bags do. of good quality was made late Satarday afternoon at 19%c. Corron.—The market was quite Or m, while the extreme views of holders tended to check sales, which were con- fined to only asmall lot or two. We quote middling up- lands at 27}c. a 280. Frnigits —To Liverpool 1,200 bbls. four were at 8s, , 20,000 bushels of wheat at Od. a9 i ship's i 10d., either in bulk or ship's bags, at ship's option; 40 bot bacon at 356, and 3,000 bbis. flour’ as 3s. is. 34d. To Glasgow 9,000 bushels wheat at 9%d., in bulk, and 300 bbis. flour at 2s. 6d. Two foreign vossols—a bark and & brig—were taken up to load for Cork and orders at 8s. 6d. per quarter, and g another vessel for the same voyage at 1244.,in bulk. ‘To Havre rates wore tirm, with moderate ements. Hay was in request, with sales for shipment at G5c., and for aity use at Tc. Morasses was steady, while sales were limited. Nava Stones wore scatce and firm, with limited sales. sn coataeehe NGIS Te, 200 geod heieeinae Thee bbls. at (2 75, and good prime at 5a $0 87 td at $12.0 $12 25 for tin mess. Roof was quiet Dut drm: small sales wore making at $13 25 a $14 for plain mess, and $14 750 $15 for heavy. Bacon was quiet ‘and prices unchangod. Cut meats were inactive and pres of 250 packages wore made at 4c. a 4c. for ders, and at Sc. a 5340. for hams. Lard was lesa rin and active, with sales of 500 at T%c. 8 de. ‘was in moderate request de. a 15. for white, and 16¢. a 17c. for new yollow State, State cheese was at 7c, a 84¢c. for new, aad at 9c. for ; rime old. Rice. —Sales of 700 rs were made at 4c. a and tolerably active. The sales em- bhds. Ouba muscovados, included in which wore 66 hinds. Porto Rico at 8%¢. ‘The remaindor con- nisl of Cube muscovado, chiefly grocery Grades, at T3¢0. 8 8c. Rofining continued to rule firm, tive which embraced about 1700 bbls. et 2engn e obe, ve, em! al 7 at 24 4c. a be. for State and Western. - Markets. FRILADRLEMLA STOCK DOARD. F perma, May 12, 1808. @tocks strong. vania 6's,809:; Hoadiog Railroad, 25; Morris Canal, nd Ralicond 1b: Penneyl? vania Railroad, on New York at par. PaiLapeirma, May 12, 1862. Flour dull and unchanged. Wheat declined 2c.: sales 6,000 bushels; red at $1 28; white, $i 38 dull at 68. a’ 63)g0. Moss pork,$12 75. Lard, 8340. Coffee—ltio, 18ke atic hiskey dull at 25 sg, Burvato, May 12, 1962. Flour—Market quiet and steady, Wheat dull and no eales, Corn in fair demand and market oasier: sales 32,000 bushiels, mostly at 37c. Oats firmat S6c. Bar- loy steady. Rye steady: salcs16,000 bushels Chicago at 60e. Whiskey lower; is held at 234%c. Canal freighta lowor—12';c. on wheat, 1240. on corn to New York. Imports—14,000 bbis. flor 100,000 bushels wheat, 101,000 bushels corn. 96,000 bushels cora, Exporls219,000 bushels whe: