The New York Herald Newspaper, August 26, 1862, Page 2

INTERESTING FROM PORT ROYAL) S.C, | Santos THE RESEL RAMS AT SAVANDAS. Reappearauce of One of Them Near Fort Pulaski. Interesting Description of Them by Rebel Deserters. NEW DEPARTMENTAL ORDERS, ke, Kees Ree Our Hilton Head Correspondence. Huron Hap, 8, C,, August 20, 1662, Beinforcemenis for the Army'of Virginia—Prepara- Waus for the Recepuion of the Savannah Ram—Aw Ki. pe- rimenial Department--Hunter and the Negro—The RebA Ram Makes Her Aypearance Again in Sight of Port Pu- lagi Kebeh Prisoners’ Description of IM—Plane of the Steamers ab Nassau, N. P.—List of Hilton Head, £c. Department of the South is again called upon for wherewith to strengthen the force now fightidg in ‘The transport steamers McClellan and Eriossop— the with the ship Planter if tow—sail from this ort to-fay, ‘They have on board @ portion of Col. Robert ‘Williams’ spjendid regiment of cavairy, to be landed at Fortress Monroe. ‘This army, as ong of offence, is much too.small. As an army merely of ocoupation it is as much too large. Until strongly reinforced we can inake no fur:her advances; and 89 long as the navy can be depended upon to Totain the footholds we have gained there is no need ef the unwieldy force now maintuived tm idlepess at Hilton Head. We have made our foris impregnabie, The ram, if it comes, @annot come ou shgre, So we part with our gallant troopers unreluctantiy, and hopingly wait for the order which shall call us alsv into more active service. It scoms as if this department was in a proper condition to bring its, history to @ close. Since Admiral Dupont captured Port Royal, the occu patien of South Carcilua has been but a series ef experiments. until at last there is within the range of my calculation no usw one which is likely to be tried therein. From inviting thgabscouded rebels to return to their allcgiance and their homes, and en- joy, under our protection, all their abandoned rights, we have gone to the vpposice extreme of putting down every white mana rebel, and declaring every slave & freeman forever. We have planted corn and cotion» and have harvested many th nd negroes, while the grops (at Edisto) fave been avandoned to those who fre in the greaivst ueed of them—our foes. Firat (eating the blacks as an inforior race, and employing them in the only manner in which they could be of ser- vieé, we afterward sent for books to amuse them, wo- mon to teach them, elders to baptize them, and guns and uniforms wherewith to arm and equip them. Gen, Hunter attempted to :.iace the colored man on a footing with the white solser; but the darkey proved a hot potatos in his hands, .nd bas been allowed to drop into the pot again. Having tried so may experiments, each one of which has {ailed to bring us 4 day nearer the end of the war, what ehall we do uexiy My auswer would be, relieve Gen. Hunter trom hi; command, place bim at the head of @division, give bin men, aud put bim within striking distance of the enemy He will hit hard and bit often. ‘The country cannot aijord just now to deny itself of the services of a good suitier im the fleld for the purpose of maintaining a poor poiit-cian in South Carolina. The ram—the ivinous Ssvannah ram—ia still looked for; but, with the minuto ore; arations that have been made for ite reception, the © .s woihing of the alarm which existed herea fortnight sinc. lt appears that the negroes who brought news of bor failure, and whose stories had the effect matertaily to qi:iet apprehension in regard to her, ‘were not correct in ail their statements. The rebels cal! their engine a “floating battery.” It is still moving abut jp the Savanna rive’. and yesterday came down and an- cbored off St. Au, ustius creek, thus approaching nearer to Pulaski than it bas been before. ‘The steamer Darli:gion, which arrived yesterday from Wareaw Sound, had ou voard four prisonors who belonged to @ Georgian regim ut of cavalry, and who came down w the beach and dei :ered themselves up to the navy, on Sunday Inst. They say that the floating battery bas thirteen guns tnsts d of fourteen, there being but ene 100-pound rifled p.oce ou board. They also say that it is Det the Scottish stvunor Fingal, as Admiral Dupont’, yoformation at first ied kim to suppose. Work ou the latter vessel, however, is rapidly amd steadily Progressing, aud she will soon We ready for sea service. ‘Ibe buttery is of immense strength, bo sides being very Leavily mailed with ruilroad iron end her guns of first cliss mauufacture. fhe rebeis in- tw make their O st attempt with the monster on Pu- and are quite cvulidens of their ability to breach its as easily as we breached them from Tybee. This done, they will have completed the Georgia (resenily the Fingal), and togecher they will wake a movement to de- stfo: fleet atio ti. yal. They are inspired by the brief suecess of their Merrimac and th ir Arkansas to continue their ofluris 4! an ironclad navy ; but their chief hope is grounded ia the ies that they will be ablo to strike Desore aur navy will be prepared 40 resist thet ‘The Charleston ras spproach completion. °° bave ing later direct irom that city, we learn from sources that (h-¢ vesses will be pre,ared for ac- within two weeks at iurthest. They are said to be very formidabie, suv ii they succeed in their intended ‘vice of raisiug Une bivekade of Charleston the coumtry have occasiun to regret it more than the exploits of the Timac im Hampton KOuds, or the at Vicksburg. Ib is st ‘ barloston that the Anglo.Contede- land their cargoes, aud supply the rebels the greater pa:cof the material with which they wage this war. ‘be Novy Department should furnish ‘Dupont at vace with other Monitor, tain Barrell, ot (he schooner Minerva L. Wedmore, who arrived here yestrday from Hamilton, Bermuda, August 6, reports that the oglish steamers Peterhom and Phopbe were at ot. eo gv, liy ing the Confederate flag and Preparing to run the Biockehges The Peterhoit ts built after the pattern oi the Ladoua, captured in Ossibaw a few days since, aud is owned by the same parties. The Phoobe sailed from London and is @ brig-rigged sidewheel steamer, ladgn with arms. The steamer Khersonese, with coal, was ulw at St. George, in quaranune, with yellow fever on board. The appearance ot ‘Yellow Jack” at Key West na- Occasions some appreheusion at this point. the health of the soldiers of thixy command has turally Hitherto such as to challenge the admiration of the entire ical department oi the army; but now the troops are ied and worn dowa by the heat and the miasma, and if ‘the infections disease a))cars amo: g them it would make fearful ravages, St nt quarantine regulations have been established, and every precaution fas been taken to guard the island froin contagion, The following s0idio's Lave died since my last report:— Private Charles , Bail, Co. C, 7th New Hampshire, == drowned. x phen Kaif, Co. D, 7th New Hampshire, July 27, ty- phoid fever. Levi Long, Co. D, 55th Pennsylvania, July 27, shot him- self accidentally. Corporal George Norton, Co. G, Volunteer Engineers, August 2, typhoid fever. Louis Mygats, Co. D, 7th Connecticut, August 3, diarrho Pa. James Jingley, Co. G, 76th Pomnsylvania, August 4, diarrhoea. Byron D. Stewart, musichun, 46th New York, August 4, dysentery. ‘ Warren }’. Collamore, Co. D, 7th Connecticut, August 5, iarrooa. Michael Lander, Co. F, 7th Connecticut, August 9, diarrhea, William Burrows, Co. F, 34 Rhode Island, August 10, larrhoa Corporal Israel Oat, Co.G, 97th Pennsylvania, August 10, inflammation of the brain. eats Potor Davis, Co. ik, 97th Pemnsylvanta, August 12, fevor. Charles Riley, Co. E, 97th Penneyivania, Angust 13, diarrboa. — Davis, Co. F, 6th Connecticut, August 14, Patrick O’Brien, Ordnance Department, August 15 typhoid fever. ; vit recall of Major Charles G. Halpine, Assistant Adja- tant General of this department, to Washington, is the Sy of much regret aineug his friends at this poiut, has been untiring io his devotion to his duties, which, 5 General Hanter’s chie! of #taif, Lave been arduous aud severe, and his departure will seriously cripple the work- force at headquarters. # The New South is to be resuscitated, the addition to his establishment of & new power press enabling dir. Sears its publisher, to meet the demands for it. The fret nam. & the new series i8 to be issued on Saturday of this ook. departure of Col, Williame, of the cavalry, ren. o obeaee a position of post comimander iney). . Gude, of the Ninety-seventh Pennsylvania Viggiteers, will Succeed Col. Williams. Firet Baptist church of Hilton Head was organized pp ) 80d Abrahath Murehison, a contraband, was ordained ag its pastor. The eburch numbers about ~>f aoaeers, thirty seven of whom were pubjicly P 20d two Weeks a eo. is cot} a. o @ the chaplains who participated ips exerci were Rey. Mr. Wayland, of the eepentn eotiout; Mr. Whitehead, of the Ninety-seventh Peun- yivania; Mr. Hovey, of the En 8, and Mr. Patter. the igelis cavalry. Our chaplains utter. in the atiépt to edify the ne . They must the tation gibberish im order to get the mia Saperees eo been seneral Orders have J. The New Roeland @ Clonal alluded ta ia Lowia Balt, Fourth Now Hatppshire Volunteers, whose case I some wepks since:— NSW DEV ARTMENTAL ORDERS. a NO. 26. FeapQvanrags, Dir aaramest oF THe br Hinze lisap, PowP LK vat, 5. C., August L Taiz. The Major General Coutauding desires wo cali Uh tention of all regimental infa. try officers in tthe deps meat to the paramount importacce of familiarizing wetr | comands with the manual of the bayonet. Our suidiors spon as their greatest assurance of safety and most » INeAus Of Success 1a every struggle. Lhe bayones ve consiantiy placed before Uiein as the decisive shoul Weajon of every battle, Lot merely as a useful necossory or means of Support to artillery, wusketry and Uae sabres of cavalry, but ag the chief and duai arm of the service, to whish ali others ave subordinate, They should be taught that om the battie deid, whilst irresolution or in- activity will expose them to devimation by repeated vollies from the rifles and othor drearms of the enemy, & make themselves ielt, They this truth, that with bayouets, properly handled by ube- dient regiinents, we aré imvincible; aud their atvention I fi 5 E ® & (8, and regiments serving manual ODO mmand of of tne bayonel, BY Gir General D. HUNTER. Cuas. G. Hatrnm, Assistant Adjutant General and Chief Staff. a GENERAL ORDERS—NO. 27. HRADQUARTERS, DEPARTMENT OF THE a} Huvrow Heap, Port Koval, S. U., August 19, 1862. 1. Ihe Seventh regim-nt New Hampshire Volunteers, Colonel Putnam, will be held in readiness to embark for St. Augustine, Florida, of which piace it will hereafter form tue garrison. Lioutenant Colonel sleeper, of the Fourth regiment of New Hampshire Voiunteers, on boing re.ieved by Colonel Putnam, will embark, with the seven companies of bis regiment, how at St. Augustine, for this ace. . Li. It is with doep regret that the General Commanding the department bas recoived several reports against offi cers for returning fugitive slaves, in direct vivlation of the law of Congress. It wili hardly be belicved when it is an- w England jcvienel is to-day,in the second year of eiliou, in arrest for Laving been eugaged in the manly task of tuning over @ young Womaa, whose skin was almost as white as hig own, to the crvel lash of her rebel master ! . Numerous acts of piliering from the negroes have taken place in the neyhborhood of Beaufort, committed by men wearing the uni orm of the United States; I can- uot and wili not disgrace the name by calling them sol- diers. To enable Generg! Saxton to have these petty be neye arrested, and sent to this post fur punishment, the three companies of the Fourth regiment of New Hampsh.re Voiunteers,now at Beaufort, will be placed exciusively yncer his command, for service on the pian- tations. Drew, or tbe officer commanding these ‘three companies, will be directed by Geueral Brannan to report immediately te Geueral Saxton for orders. iv. All the furniture left by tha rebels on the islands, including that left in the city of Beaufort, is horeby under the exclusive jurisdiction oi General Saxton. y command of General D. HUNTER. ‘BD. W. Sung, First Lieutenant Fifteeath Infantry, Act- ing Assistant Adjutant General. CIRCULAR. Heapquartans, Beacrorr, 3. C., August 5, 1862. ‘To Tuy SUrsAMNTENDENTS OF PLANTATIONS: — Guilgxxn—You are required to appear at the office of the Geuéral Commanding, at these headquarters, between the 15th aad Sist of the present month, for the purpose of tukjug the oath, a copy of which is hereto appended. By order of Brigadier Geueral R. eae I, — ——, bdelievi g that negro olay is a great 5 " ing ery is a wring to humanity, ae solemnly swoar that I will iaith- fully pertorm, to the best of my ability, my duty as Superi::tendent of Plantations in this department, and, as such, will use all the means in my powor so to educate aud elevate the people under my control as to ft them to enjoy the blessings of freedom. That, to the best of my knowiedge, I wil deal fairly and hovestly with them, and respect, aud cause all ethers under my to respect, their rights. That I will not engage in trade with them {or my own profil, or appropriate any of the proceeds of their labor to my own personal advantage. So help me God. ; GENEBAL OBDERS—NO. 5. Herapguminits, bxavroxt, 3. C., August 15, 1862. I. Before a military commission, convened at Beaufort South Cirolina, purfuant to Special Grders, No. 162, of July 2, 1862, (rom headquarters, Department of theSouth. and of which Major Henry L. Higginson, First Massachi setts cavairy, is President, were arraigned and tried: — First—Mr. H. J. Sedgwick, citizen. ‘CHARGE. Obtaining goods under false , With intent to defraud the government of the United Siates. Specitication—In this, that he, the said H. J. Sedgw! co day of Jap tenet the government of the U1 tions beretoiore occupied by the rebels of the South, that he, the from the sea, at or near Bay Pout quantity of drift timber; the or eignt opinion, abut the real value of suid timber; abd that upon this reprosentation, whieh ho weil know to be false, he claimed that said timber was rightfully his, and gought to obtain Gen. Saxton’s cousent to its removal from Bay }oint, for the cae shipping it to the itdor his North, and selling ick’s) own benefit. ‘Thai upon Ceneral Saxton’s refusal to give such con- sent, unless Sedgwick shoujd satiefy him by the evidenco the real value of the Sedg- Saxton au instru. of two disinteested parti timber hud been fairly stated by hn, be, the said wick did proc.ire and bring to General ment in writing, purporting to be an estimate furnished by two disinterested parties, by which the value of said timber was declared to be sume seven or eight hundred duit ‘ha; upon this representation, agjd upon those previously made, all of which he weil knew at the time w be false, be (Sedgwick) induced General Saxton, as agent for, and representing the government of, the United ‘States, relying upon such representation, to release all claim to said timber, and give him a wi permission toship it as aforesaid, upon his (Sedgwick’s) pay’ for said privilege to Captain John H. Moore, tant h termaster on General Saxton’s stat, the sum of two 4 dred doilars, to the credit of the government of United states. That notwithstanding his assurance to Genera! Saxton that said timber was ouly worth seven or eight bnndred doliass, the said Sedgwick Las since declared, in a letter addressed to Major General Huntor, that he bad, at the he made such ropresentations to General Saxton, aiready sold or agreed to sell the same to one George Waiter, a contractor for delivori e- scription to the Navy Department, for the sum of twelve thousand dollars, or thereabouts, being at taPraiggt ove dollar foat for something like 12,000 teet of a To which the prisoner as — ‘To the speciiication—*Not guilty.”” ‘To the ge—'‘ Not guiity.”” FINDINGS AND SENTENCE. ‘The Court, having maturely weighed and considered the evidence adduced, the prisoner aa follows:— Of the specification—*Guilty.”” Ot the charge—‘Guilty.”” And the Court does therefore sentepce him, the said H. J. Sedgwick, citizen, “to forfeit all claims for expenses incurred in cullecting amber referred to in this case; also, the two hundred dollars paid by him to Captau Jobo H. Moore, A. Q. M., and to forfeit the gum of one thousand dollars to the United States, and to be impriguned four months; or, in default of paying the fine, to be imprisoned for the period of one year.” 4—Moses , a colored man, Specticatiuuta tise that he, the sajd Moses, dia ification—In tits , did, on the 20th day of June, 1962, at ie plata, ‘Ladies’ Island, &. C. , feloniously, w! '’ with malice afore- bt, assault a begro named June; that the said Moses and there beat the sald June wi club, giving unto the said June a mortal wound, of ich said mortal wound, on the 20th day of June, 1862, the said negro a which i it just tion which was without cause or provosat — against the peace of the good people of the United ‘To which the prisoner pleaded as follows:-— ‘To the specification Not guilty.”” To the «Not guilty.’? YINDINGS ABD SENTENCE. ‘Tho Conrt finds the accused :— Of the jion—'* Guilty”? Of the 0 Not guilty, but guilty of marder in the second degree.” Aud Court does therefore sen- tence him, the said Moses, to ten years’ confinement in ang sal within the juriediction of the United States. ‘The proceedings and fludiogs of the Military Com- mission in the foregoing cases are approved. In the belief that, in the case of H. J. Sedgwick, the interests of tbe government will not suffer nor the moral effect of the lesson taught by the just sentence of the Court be tost by such leniency, the General commanding directs that 80 much of the sentence as requires an im- prisonment for the period of four months be and the same is hereby remitved. The remainder will be carried into effect. The sentence in the case of Moses will be carried into effect. There being no ezitable place for imprisonment in this department, the Provost Marshal will sead the risoner to (he United States Marshal of the District of Jolambia Il. The Court recommend, in the case of Mr. H. J Sedgwick and Ward, his »geut, that they both be expelled from the department, and that the United States govern- wheim: be recommended to bave no further troneactlens with them. et a The above recommendation is approved. By order of Brig. Gen, R. SAXTUN, Commanding. Tas Whown Fawity.—The Rochester (N. Y¥.) Baprese ‘A farmer from Ontario, Wayne county, in town t day tater that he Las three sone in the army—one in the Eighth cavairy, two jn Captain Cutler's company, id he has himeeif en\isted in one of the companies re- aro of the farm, and ts orop, while her husband and aon go to uptry in apother fleld, This isan example of patriotism worthy of record, How many more are thore to co and do likewise?" NEW YORK HERALD, TUESDAY, AUGUST 26, 1862. ; NEWS FROM FORTRESS MONROE, anne FORTAESS Mownow, August 22, 1862. ‘The Richmond E»yuirer of the 19th instant wants to kuow where their friends and reporters ali are who used to give them reliable information concerning tho move ments of General MoUlelian's army. It adds, “Where are suould bo instrusted to regacd the proper use of this | they all? We have hoard wothing from thom of late. Have they all gone over to the fedorals? The movements now gaing on in this vicinity are pro. grossing quietly and advantageously. The cable across the bay was ropaired yesterday at noon, and the telegraph is now successfully working be- tween this place and Washington. Fortress Monrow, August 23, 1862, Fresh troops are daily arriving at Fortress Monroe, and bundreus are returning to their regiments who have been away sick. ‘Tho general health of the army is improving. All was quiet at Williamaburg yesterday. . Oar Fortsess Monroe Correspondence. Forrrmss Moxros, Va., August 23, 1862. Arrivat of the McClellan from Port Royat—Distinguished Passengers—Rev. Ma, French (While) and Robert Smali (Black) on a Starring Towr North—Their Nove and Inlercating Entertainment—Mr. Franch the Treasurer of the Troupe—Affairs at Portree Monroe—Ihe James River Flotilla, éc., de. ‘The steamship McClellan, Capt. A. OC. Gray, from-Port Reyal on Wednesday last, arrived at this port this morn- ing, bringing a portion of the First Massachusetts cavalry, Col. Robert Witliams commanding, and several pasnen- goers, among whom was Major Halpine, late Assistant Adjutant Geveral in the Department of the South, on his way to join Gen. Halleck in the same capacity. Major Halpine, I am happy to announce, is in excellent health, although suffering somewhat from an aflliction of the eyes, occasioned by the terrible glare and best of the sand at Hilton Hoad, which he has 80 long been com- pelled to endure without any means of relief. This is only temporary, however, aud @ cbange of location wil) oun cure it. Colonel Robert Williams returns with a portion of his command, and proceeds to Washington to-night to pro- care a number of horses to repiace those in his command that have died from disease and other causes. It is not known where tho First Massachusetts cavalry will be seat, but doubtless to some point where thvir ellicieucy will be of great service. Rey. Mr. French, the apostle of the Gideonites in South Carolina, also came in the McClellan, accompanied by one of his sable brothers, Robt. Smaii, who has earned quite a reputation by taking out the steamer Planter from Charles- ton under the very guns of Fort Sumter itsef. Brothers French and Small are understood to be on a starrivg tour in the Northern cities for the special pecuniary advantage of the white brother, and the general reputation of the brothers of the darker skin. ‘They will star it together; and I have reason to believe that New York will be honored first by their preseuce in a professional way, aud it 18 fondly expected that the specie will fall in bounteous showers into the lap of Brother French, whose cwf- fers are already quite plethoric with that worldiy dross,gathered in the sandy region of Port Royal. Brother Smail is to exhibit himself to the gaping muiti- tude for a consideration, ag 1 have before suggested, and will relate his experience in Dixie, and also give a graphio account of how he out of the hands of the Philistines of Charleston and into the bands of Brother French and the Gideonites of Beaufort, making altogether a very 1n- teresting and moral entertainment, and exceedingly cheap for the sum of twenty five cents. What the precise rut: may be that Brother French intends to take I havo not been able to learn; but probably he will, from his exten- sive experience in the matter as chief of the contrabands, indulge in a few reminiscences of life among the cont bands of South Carolina—their proclivities for taking things, and their inestimabic value as agriculturists, wheu directed by experionced and intelligent everseers from |. He will doubtless enter into statis- tics enough to show that the cotton which has been raised under the auspices of the educational and missionary bunds—defuuct since the great Beauiort scare—has cust the confiding government about fifty cents per pound to raise, and that go such amount will over be realized from the of the crop. It ig to be hoped that the worthy couple who go North to-night will meet, with go great success as to pro- vent them from returning to the Department of the South, whore their prolonged absence will be a continual source of congratulation tu all the inhabitants aud deni- wens there.f, ‘That friendly feeling towards the cause in which Brother French has 30 long worked as to into a fat berth under the government impels me to thus con- ter upon him the benetits of a gratuitous advertisement in the Heraup, and Ltrust that his success may be uo more than his merits deserve. ‘Troops are moving, but where and how many I cannot say. They will be ina position to meet the columns of a before he gets within smelling distance of Wash- General MeUlellan and staff leave to-day for the scene ef operations. We hear nothing of importance from the James river fotiila. It is busily engaged in keeping the rebels ina terrible state of consternation by its active and threatening movements on the river, in the neighber- hood of City Point, by which the rebels are compelled to keep a large force there and in Petersburg to ward off tho impending biow. Some of those days we shall hear of the littie Monitor bodily pushing up by Fort Darling and through the obstructions in the river to a point where Richmond itself may well tremble for tho result. The flotilla will not long remain inactive and on the defensive, but will resume the offensive. ‘Khe weather 1s still cool and exceedingly favorable for the operations pow going on. INTERESTING FROM PANAMA. The Peace Propositions Rejected—Loss of the Steamship Limu—Case of Kidnap- Bu g in New York=—Tho Rebel Pirate ‘eto—Whore the Rebels Get Their Sup- Plies. Panama, August 15, 1862. Since the sailing of the Champion there is little to add to the local news of Panama. The Pacific Matl Steamship Gompany’s fine new steamer Constitution arrived onthe morning of the 18th instant, fifty-four days from New York. She leaves to-morrow for San Francisco with the passengers and mails brought out by the Ariel, having got in just in time to prevent the despatch of the California. The Uncle Sam arrived this morning with 242 passen- gers and $1,628,000 in treasure. She brings nothing fur- ther in reference to the lost steamer Golden Gate. The United States flagship Lancdster, which left San Francieco on the 26th ulé., had not reached Acapulco when the Uncle Sam left there. Her Britannic Majesty’s ship Cameleon, from Mexican porte, with nearly $1,000,000 in treasure, arrived here yesterday. There has been no fighting on the Isthmus yet, and mattors appear to be quieting down. ‘The passengers by the Aricl are now all on board the Constitution. They are all in excellent health and en- joyed their stay here. The Pacific Mail Steamship Com- pany liberally defrayed their expenses during their deten- rim . [Frem the Panama Star and Herald, August 16.] THR PRACE PROPOSITIONS. In our last fesue we announced the fact of commis- sioners having arrived io Panama from Governor Guar- dia, with authority to make certain peace propositions to the Provisiopal Governor Diaz; but so many rumors were afloat as to their tenor, we declined publishing them. It rs now that these propositions were a willing- nese on the part of Governor Guardia to place the Beate fs the bands of the provisional government, on condition that the latter should ‘antee protection from molesta- property of those who have aided with the object of avoiding a 2 opposing parties. that they have been rejected by the Provi- a8 opposed to its interests; and on last Senor Diaz sent a further force oj one hun- dred volunteers to se Dulce to oppose the Fabrega forces at Lavilia. We have heard nothing of the move- ments of the first lot sent off, and it may be some days pees oy eee of @ reliable nature reaches Pa- nama. while we shall wait with curiosity to hear the result of the first encounter, which we should re- ceive at furthest by the end of the'week. By the arrival of the steauer Valparaiso from Valparai- arr ‘80 we learn the sad news of the total loss of the Pacido Steam Navigation epee va splendid packet Lima, which misfortune occurred at about haif-past five o'clock on the morning of the 11th ult. While ranning at common speed, to Island, witue the struck uy 8 reof of rocks of the Lagart ated sume -five miles south of Cobija. ‘The forward part of the vessel becoming immediately filled with water, that overflowea the winery, aud it being evidently Impossible to save ber, the boats were at out and manpel: the female passengers and children ing placed in the first boat, the mail re went into the second; anda little iniet of the island, about a mile to the purthward, offering a shelter, they were all landed there in perfect safety, Having tus saved the passengers, attention was next had to the mail, the trea- sure, the passengers’ luggage, and what articios of the cargo could be removed, all being safely tanded at the same little island harbor. When about five o'clock in the afternoon it became ob- vious that the vessel was going down, the captain, first officer, and those of the crew tyat had remained on board, wont ipto their boat and abapdoued her, Boats werg sent Cobia it dest of snecor, and on the jb, four days after the disaster. the Atnorican ship oonligh t had been chartered in Cobija for this pur- pore, hed ibe sceve of the wreck. The persons end stores on the littie isiand yo Leen now embarked in thie vessel, the Guayaquil took her im tow, and they redohed Cobije in safety on the ith. We understapd Ut the stoamer San Carlog wag ap. pointed to conduct the passengers ahd tail’ of tnd Lima wo ——" n, and that she wae to leave Cobija on the 18th. We are glad to be able to state that the Lima was in- eured. KIDNAPPING A cose of kideappiog of an unfortynate man on the wharf at New York, by ap officer of te #4 a Ariel, ia tow uudergoing investigation F ny oo. Consul at ae ve, before sheen te, maver brought man, who: pre- Qeverul witnes: 6s hay eo given their depo. in the case, aud if the facts aro as they have been presented, the whole affair 1s ove of such barbarity and legality, that it is to be hoped the perpetr will bo punished. trust, however, for the sake of humanity that, ou examination, the statements will be found oxas gerated. The unfortunate man ts et prosent under the protection of the Consut here, suffering from the wounds aod abuse alleged to have been received on board the Ariel. . Since writing the aboye, we learn from @ most trust- worthy source that such outrages are of common oscur renco on Vanderbilt’s steamers, aad flremon are fre- quently driven to desperation and jump overbpard, on wccount of tho scandalous treatment thoy receive on bourd, and no official report is ever made of it, Que poor man did 80 On the present tip cf the Ariel Both United States Consuls of this city and Aspin- woll are going to the latter place to-day, in oruer w have a full judicial investigation of the whole |, 50 as to bring the culpabie parties'to justice and have them properly punished. ‘THE PRIVATEER OVETO. Although it is now nearly two months since the first . ~ Ahab shia sieetnar was to leave Nassau, N. oy AS BT vater, under command etme bave hoard nothing of her movemenis, ing consignments of goods to this house, aud tt is said that several merehants are implicated in the filling of orders direot from parties which they know to bo living in the rebel States. A schooner arrived here a few wooks since with an assorted cargo, among which were thirty or forty cases of Enfield rifles, and quite a large quantity of powder. As these artioles are net needed at present to supply our home trade, it is fair to presume that they are intended for another and butter market. SHIPPING NEWS. ate, BBW YORK—THIS DAY. 8 at] moos Port of New York, August 25, 1868. Ship Ortent, Hill, Liverpoot speitors ac y jent, |, Liverpoel—Spefford, Tileston 0. Ship Gibraltar, Dunhany Glaszow—il D Brookuian & Co. Ship Julian, Stricker, Bromen—Kuger Bros, Ship Goschen, Deitzen, Bremen Sulwix. 2 REP Grpheus (asrem), Weasels, Bromen—Krauth, Nachod ‘iba BAtk H 8 Sennard, Drinkwater, Bristol—Walsh, Carver & ase, Bark Patmos, Sprin , . Glasgow—W & A Nelson, Bark Alice Taint dea, 0. laydeu, New Orleans—J & N Smith & Bark L Ross, Ross, New Oricans—C & E J Peters. Brig Zambisl (Br), Ryan, Sydney—B F Sail & Oo, Brig Exemplar, Perry, Cow Bay—Brett, Son & Co. Brig Belle, Yates, Havana—Truyello & Vinit Brig WB Kibby, Murrey, Euzabethiport—J & N Smith & 0. Schr W A Grifin, Borden, Granada—J W Hubbard & Co. Schr Vermilion, Arcey, Wilmington—Merrill & Abbott, Sobr B Strong, binith, Baltimore—Merrill & Abbott, Sehr Yorktown, Mayham, Baltimore—Merrill & Abbott. Sehr R O Russell, Richardson, Snow Hill—A C Havens, Schr B H Parker, Parker, Black Rock—Master. SchrJ Ponder, ——, Boston—B N Fox & Co. Schr Otronto, Hammond, Boston—Brett, Son & Co, Bioop Pointer, Nichols, Provilence-Masters yp Pointer, Providence=! fe ‘ARRIVED. Steamship Zara (Br, of London). Jay, Havre, Aug 1, and Plymouth 34, with mdse, toJ Frericha & Co, Steamship 'St Mary, Taibot, New Orleang, Aug 17, with mdse and passengers, to Charles, Mo led in’ com- Fany with steamship Marioo, for New York, via Key Wat, Steainship Marion. Phillips, Now Orleans, Aug 17, and Ko: ‘West 2ist, with mdso and passengers, to Spolford, Tileston Ship Lookout, Sherwood, San Francisco, May Cape Horn July 6, croused the Batavor, inthe. Xtiabtie ‘Aug 2, with hides, wool, 4c, to Geo Buikley. Aug 21, lat 38, lon ig Susan, from Porto Bico for New York. tp Isaac Hicks (whaler), Studley, New London, 12 hours r, Guiding Star (Br, of Yarmouth, NS), Tooker, Glas- ys, in ballast. to maste: Hond, Aug 2, with itward paseage), Int ‘Se 4, fen overbua nd at lea per hour; made every effart to save him, but without success, as he sunk in less than $ minutes, Bark Jobn Benson, Johnson, Fonce, PR, Aug 10, with sa- gar, to Sturges & Co. Bark Rosa (Tab. Coleorgno, Grand Turk, TI, 10 days, with salt, to Aymer & Co, Bark Claribel (Br, of Glasgow), Campbell, Nassau, NP, 13 L'Gan Eden (of Booth Bay), Reed, New Orleans, 25 en B (of lay), le rieal dave, with sugar, to © © Duncan & Co. yi ed Brig Carl Von Treuenfeis (Meck), Mohn, Liv Gays, with coal, toorder. Aug 3, lat’ 45 16, lon 43 ship Atmosphere, hence for Liver pool, Indus, Anderson, last © Funch, Maincns'& Wendie ‘in < Brig Anna (Dan), Christensen, St Thomas, 16 days, in bal- to Pe Brig Dunkirk, Leland, Salt Cay, TI, Aug 5, with aait, to © AE Vreers, the brighitisn, for Philstelphin, salted on thedth. Aug 12, lat 53, lon 73 46, spoke bark Henry Dar- from Poriland for New Orleans; sane time, spol Howland, from Philadel snd nastonch Orleans, wirig Princ a bold, Bermuda, 5 days, i ‘rincess ). New! . rmuda, io Daliast, te Smith, Jones & Co, % Schr'Hartstene, Enelt, Shields, 42 days, with coal, to Thos Diniam, From July 18 to Aug, had nothing but’ westerly gules; splitand lost salis, &c; from lon 50 had light W winds, Aug ¥, spoke ship Montezuma, trom of ymont , Eng, for Portland, Me. Sebr Annie Beli (of Frankfort), Bowdoin, East Harbor, TI, 18 days, with salt, to master. 1 Q2ht Figtiaat (Br, of Nassau), Lightbourne, Nassau, Aug with a yn nate. aiatar yi fF wwe), Mardenborough, St Marti ‘5, with alt to ‘Bmnithe Sones & Co. saaehgae agg indian Quoen, Hardy, Lingan, CB, 10 days, with coal ‘akofleld, Georgetown, DC, 15 days, with Schr Glenroy, W: goal, for Bca.on. Put ints this port to repair, having ou the Xu ‘Mtn’ inst, during « heavy; sprang f w Bohr Torrenos, Pontes Bhicasmbiee Sebr WMmira Rogers, Brightman, Elizabethport for East reenwich. Sehr Oraioe, Tucker, Rondout for Boston. Sehr Otronto, Hammond, Rondout for Boston. Schr Genl Marion, Osborne, Schr H M Mayo, McFarle days. Sonr Aun 8 Salter, Fish, 2daya, % lones, Gloucester, 3 aya. bul, ‘Nickerson, Boston,’3 days. Schr Oitver Speitians Beowas Frovidence’3 days, r Oliver Spelman, Brown, Providence, , Providence, 2 days. Schr Sarah Jane, Stoop Now World, Ely Mitsabethport for Provide ew Worid, zabot rs for Bteamer M Stovenia, Bduanerty. Baltimore, team be, ‘al Steamer Marina. Crosby, Baltimore. Baltimore. Steamer Mare. Niebeis. Patiadeipbia. Steamer Dudiey Buck (new), Mis, Hariford, Ot. Br bark Astorig,—(By pilot boat M E Fish.) Two brigs unknown. | Wind at sunset 8. Miscellaneous. 0 ndout for Providence. Calais, 6 z ham, Sreamemip Constitution, bence at parsed through the Straits of Magellan; weather ip Strait cloar and cold until morning of July 25, at which time weighed anchor at Poi jue Bay. Peres (25th) exper: heavy} squalls of wind, rain and hall, which increased on the fol- lowing day to a terrise from the NE with heavy veeyiug gradi ually to NNW, ® hurricane, A trewend rendering the situation of the ; requiring the closest attention to avold shipp Seas that threatened on both bows. Heaviest squall abaut 3:50 PM; barometer ever, unitl the gale had somewhat abated, it having low as 23.08, At8 PM weather manifertly beter, with ba Tometer at 29:60, having risen neariy one half inch. It was one of the seferest teas a vessel is required to susiain, and the Constitution proved herself fully equal to the emergen- ev—not only making good weather of gale, but cven bead ‘WSy against it, as proved by subsequent observation. During Tight and day following, silil s strong head Wind und heavy LAMSHIP Ock4N QuREN, from Boston, got agroun the bar at the FO Paka, Sut aad 09 be tigheetied in olan So get over. She arrived up to New Orleans 13:h, Steamsnir Kansas, la\ wrecked at Naseai ylago pn tp 15ih taut toe Now Yorkin iow ot the'Us stescs: br'Debpa from Boston, en up a cask of rum, Gardbar-B Perry of RYork, on privive terany nes Ba Baro Queen Viceonta, Hitch, whieh arrived on Sunday last pt ay Jost foreti mai ate nae at ac; Massed 8 sunbon vessel M A Pinate vine semae area eet im 5 24th, ora Le} ith bar Active. through missing RIG AVON, Cal kirk, from New York fon Conte; nas, mistook Toe tights of toe Crira const and went ashore inat, 16 miles to the windward of Oardenas. will be a total loss. Most of the carko, salle an \¢ would be faved. The A rated AB; was built at Yarmouth, NS, in where she was owned. a Bare Karrine Curse, from Batavia, at San Francisco guly 8, reports off the North Banshee, took m heavy typhoons lit sails, stove bulwarks, £0; run into Port San iva Juinto; waile lying in port experienced » heavy tv. hoon ; had to le with four anchors ahead for four hours; Jost one anchor and chain, Sonn Sasi® E Powner, of Orient, now at Providence, has been sold to parties In that etty for $3,400. ¥" Sax Francisco, July 81—The shiv Saracen, from Boston, arr on the 23d inat; her eargo is being landed'in @ very bad condition, About 16) tone of her cargo had to be thrown ovepvoard vo lighten the ship, eral average of 35 per gent has bee called in. The maiumast and bowsprit Iq bade ly epruog, Ships from New York are making very long pas- aages.——(By letier., pip ant a Whatemen. Cc t ford Au Calit Pallie Oveng r Ganolle, Werth fndlan Goran” “evelands od Ocean; Gaz van, Sid’ feom Nanyuckeb Avg 17. aches Sainuel @haso, Orpin, hujnpbacking; 18th, Rainbow, McGuire, « Aletieg from Grp tn of bark Cieora, NB, reports ber at Mauritlus July 9, condemhed, A letter from on boart bark Milwrgod, NB, reports previous to Aug 3, bark George, Silva, NB, 115 bbls sp oil. A lelier frown on board bark Ocean Rover, Giark, of Matta. Poureal, Teportaver on Weatern Ground July 20, baving takan vols it blowing with the violence cross Bagg Ancran, Potter, at Now Orleans i8th July, in phoked: fag tat July, tm lat 38 9, on 73 3, ‘ap of) since leay ng dt Catherines, ‘A letter from Albert E Bryant, on board bark John Dawe son, Cornell, of NB, ryperte her at sea July 27, no lat, &e, with 42 bbis sp oll, 26 bbls token sig days opt, Spoken, &e. teamship Boston, from Boston fur New Orleans, Aug 9, inf Al 4 ‘ip Shobting Star, Dripkwater, from Callao for Rotter. aan ay 97,1 Hh 10 3 fou 80 We ve Ship South pel Ausira'ia, July 9 (nov Aug), incoln, fro: fork, May for oO ivatee) Divignt {rom 2 IK ot . Dvignt 16; tae Sn Fate no, Re ay: sees Pe ys . from NY¥ork for Londoad rry, Aug M4, lat 43 Har Yt America bound Nip July 23 off un Key, 1 8 frum Boston for Traxiie, Aug 15, ulf Stream. sout! of the Sehr Hartstene (three mast), Enell, from Shields for New York, Aug 10, lat 44 58, lon 42, & hie st for Kingston, Ja, Aug 20, he Stiver Star, Lrom lat 3.34, lon 74 Lu. Foreign Ports, Powxos Avnes, Juue doin port vark Lizzie, Nickerson, from Mout video, arr 26 Buss, Hond, Aug 2—No Am vessc! 1n port, Beewupa, Aug 20—La port sehr Hound, for NYork next day. at Haspor, TI, Aug 7—In port brig Delhi, for Phila- te (‘ . (Guan Torx, Aug 1p port bark AJ Harvey, Milter, f NYork Meat day rep judier pelea tg ite a, Pax, re ache Prince n NYori ; Ih, ils Agile, Nelson, do, mee Moxvkvii #0, Juno 2—In port’ ships Kate Sweet!and, Tho ndike, for Barere, idg; earn, W Bourne, Lord, trom pr Portland .or Valparal ck from Cape Horn tu dis- as, and was. conde: barks Orchilia, Devereux, for NYork, big; H L Rutgers, Howes, for do, do; Sarte a ry, trot Cardiit, juskar ‘Thomas D:anison, Hara. way, for R.o Janciro; 'P, Lapart, tro Fork, just grr) Air previous to June 29, bars Talisman, Thompson, Ts . proceeded for Buenos Ayres). ‘Sid June 27, at a > On (Ny Novo East Ladies: 1 ks 8 H Snow, Rouse, ol fat ‘Const Pilos, Trueman, Buyland; 29h bark Har- ¥ ustin, dO, SMicwinis, Sly 9—In port ship Sea Lion, Alexander, unc; barks Alice ao Dine away, aud Sea Shelt, Howes, from Wi i’ “A Me ae ‘ jA884U, Aug 14—No Am vessel in port. Peanamsuco, July 25—In port aig Kcanoke, Long, for St Thomas » A brig from Baliimore just arr. ug 10—In port bark Tivoia, Brown, for New wobr General Armutrong, fur New Haven in Aux 10—No Am vessel {n port. ‘Aug 13—Arr stgamenip Gonstinuon, Bldridge, NYork, via Kio Janeiro (and sic 16th for San Francisco). Bits dart hy totesam gocstinnpee se oe apaen nem nn , Aug If ‘ork; 19th, Neuse, Dark, Pandoghia: Suk br Uitte arn, Vi July 17—-In port bark Linds Ste Da frombYorks Justarrs brign Oroctas Aan, fronds tr Mi” Matitian neat day; schr Hannah, Loud, tor N York 28th. (Pam Steamanir Hipeentan, ovr Care Rack—TRieaRarate, Arr from NYork, Bernhard, at brewen; W H Gould, at Arr from Baltimore, Roland, at Dungeness. ‘Arr from Philadelphia, Enrichivtta, at Cardiff, American Purts. BALTIMORE, Aug 25— Arr ships B..ergie (Brin), Liverpool via Hampton Roads; 8 uil'er (Brom) bri, noke, Long, Peruambuoy, Forrester, Murray, from tomer Franslin, Yo orks Olt schrs Blijab jon, White; MO Town, and Isvao Hinck! ‘NYork; EO. Jobnsca, wood; Wave, Pi E Bukidew, Bennett, New iaven, Bid burk Cri Ito de Janeiro and a market, ei AN ei taba rs ships S ory, Lester, Havre; Wild Rover, Crowell, sremen; Sarah Marcu, Stowers, Iquique; brigs Viator, Veazie; Emma, Baker, aod Abby’ Ellen, Glimo: ae E scors R B Sami Tay! Eiliot, This Bro Buitimore; Mary i Excelsior, Ruey} Lad its, Brown: Frank Herbert, Park Goleta Wigsin, and MM MA Shropshire, Shropshire, MB Po P Yoru in 8 dayey ‘Pout-av-Pua’ Panama, Schmidt, Jahr, Bre: B Bhed Buri aud w indgata, Busty: era Leon 2 2 g is 2. Es 4 a #recumn, ‘Waves, Phikidelph) Coxgesball, Tilton; O ueahower, Mil~ Loeser, Laws; O'S Edwards, Gund, Joe; Avigull Haley, Haceg; Sant H chary, Ateyhew; Willard Hudson; Smith, Smith; J Satterhwule, lucia, Wieaton, aud Fanny Boardman, Mattiews, herub, Baiey. NYors. Toiegraplei—bri - pignal tor two briga, Eo Urigs. Sut Saturday, wind SW, . Sunday, wind N, bark Ouk, Suip B Wiluer Fasiey. started ana anchored in the Roads. ELIZABETHPORT, Aug 23—Cid schrs Volant, Cousins, Buston; Florida, Kelly, do, Char o.te, Graves, do; Oral Pres Dart, P! » Taunton; Semi Godwin, Hobvie, New { Silas Wright, Sama Fal ver; Almira Ro ry Green. yphia, Bune, New Ha: ra, Wightnan, Vep; sieop Henry Sintth, Salih, aru pRBRNASDINA, Fla, ‘Aug ‘M810 scar Lixpress, Poland, iiadelpita, NEW ORLEANS, August 6—Arr ship WH Wharto Joues, NYork; backs Argean, Potwer, Boston; Pinta (8; Havana; Texans, Brand, NYork; b. igs Busta Dogue, Mor: in, Baliiiure; Mary B Miliken, Brocs, Pbiiadelpnia; scars Watson, Wiloughby, NYorks Wave, Wytan, Mina idac Loh, bi ; Riga, Fi auc, Douneli, Bosior hatan, ——, Philadelpaiay alag, Mes Caballo, ——, do; brig Experiment, it wure, 'Below—coming up—ships Catherine, Free- 01 ton; J B Chapinan end Hens ietia; ‘barks ud Tolegtaph: rise Ida, MoLeod, OB Eilicou, foe Lee, AG Cattel; bark Mury B Gampbvell, from Phila: dephia; Sehr Franeis © Donnell, York.’ Cid bark Gacivad!, Aly: t, or NYors, ‘w sea 1th inst, barks Harvest Home, Harvest ‘are ships from Towei Moo. and Sea Bird; brig Huma and seur Chas Dehnis, 13:h PORE ROYAL 80, Aug 16—Are stoar-ghip Br esson, Lo 0! UYAL, ui Arr steam , Low: ber, NYora: » hr Margaret f Davie, Rovinsoa, do! steduship Siar of the South, Wooubull, do; 13th, neria L Weamore, Farrell, Bermuda; Plan BYork; 10th, ot-amabip Nadeau, ——. do; bark ‘Houston, Share, 40. echrs Ben English, Hathaway, do; Americus, Ste- phens, Phi/adclphia, 1S-b—Clau ship Planter, Datley, Fortress Montoe; 19th, steamship Ericason, Lowber, do; scbrs Mérietta Tilton, Til- tom, Pullaaeiphia; Milton, Smith, do; 20h, steamsaip’ Mo- Cie'lau, Gray, Fortress Monroe, ‘Bid 1ih, schr Elza Jane P, Baws York, e "PROVIDENCE, Aug 23—Arr steamers Pelloan, Baker, N York; Ospray, Kenney, NYork; gchrs Jobn Ireian, Bowen, Georgeiown, DC: Janies M Bayles, Thompson, Philadelphia; Alen H Brown, Crowei Philaceiphia; "J 8 Weldt B.uith, Philadelphia; Joseph Ma:sh, Eupite, Smith, Pailadeipaia; Richard Hill, lnde.phia; Amelia © Reeves, Reeves, Maria Femning, Shaw, Philaceipula; Sea Bird, Clark, betnport; Angel, Luce, do; Ch: , Manan, do; 4 more, Port Bwin; Mary Eilzabech, Caase, NYork; Mary A n, Morgan, do; susan & Jayne, Ja;ne, do; Presiient, , Pubponang, Ri (and sid for N York); Monieveu, Fa'ben- bury, Phi pula; vurive, eldon, Eizabethport; E Powter, Loper; Henrietta, Suaw; G A Hayuen, Sinii FF ar, Stockbridge; Sarah, Ain, Grov + eind wis: Zoe, Cottrell; Stranger, Handy’ Lebanon, Oresme: New Regulus, Tillcteon; Senator, Vruman; Snow Drift, Snow, and F DB Decker, Watrous, NYork; Sally W Ponder, atliipe, ture echt Jane, Gorham, Eilzabethport, Sid, bark (ie) Gol James Sontt, Sinclair, NYurx. SAN FRANCISCO, July 96—Arr ships Newcasite, NSW; (Br), Coulter, Liverpool; Bea Seite Hers Me he tern, Kanagawa: & James, Wikiams, Culteo. Kani July Sita Wild Pigeon, Mayhew, Valparaiso; Aug ips Zingara, Millett, Port Townseuu; Huntsville, Sea- ‘Alberni, Z3—Art (by tel) ships Goddess, Crowell, NYork; Dic- igtor Fat, Lug Konet Golden Gate, Thorauill, Row ‘ork, ~ FINANCIAL AND COMMERCIAL, Monpay, August 25—6 P. M. To-day’s bank statement compares as follows with that of last Monday:— Aug. 16.$152,628,781 $5,901,778 9,237,206 142,034,067 ‘Aug. 28. 154,856,704 35,698,486 9,456,635 143,347,340 Increase.§2,524,973 286,708 119,429 1,313,288 The bank movement has become monotonously”| regular from week to week. Money continues to flow here in large amounts, the banks continue to make every effort to keep their deposits employed, and the public continue to lodge their specie in bank as the safest place for it. The large increase in loans reflected in the above statement arises from the negotiation of $8,000,000 of 7.30 notes by Mr. Cisco last week. Each successive webk renders ‘it more difficult for the banks to increase their loans line as fast as their deposits increase, Money is very abundant at 4 per cent on call. Mercantile paper of the highest grade ranges from 4 to 5; names not so generally known 6 a7. Certi- ficates of indebtedness are worth 99%; green back demand notes, 107%. The Sub-Treasurer received to-day on deposit at 4 per cent $60,000. Gold and exchange were both weaker to-day. The former opened at 11534, and sold down to 115% at the first board; in the afternoon sold at 115%, and closed 11534 bid. It seems to be a well established principle now that favorable news will depress, and unfavorable news will enhance, the price of gold; also that gold and stocks, in- stead of working together, as it was expected they would do when gold first began to rise, move in opposite directions, When stocks rise gold falls, and vice versa. Persons who find it difficult to explain this fact or this law must bear in mind that stocks are moving at pre- sent mainly in consequence of the earnings of the railroads and the bright prospects of the Union cause, whereas gold is affected exclusively by the present and future issues of paper money. Ex- change on London is quoted’at 127 a 44 for bank- ers’ bills, with a very light inquiry. The stock market was again buoyant to-day, with a general advance in prices and a fair amount of buyiness in government securities and railroad bonds and shares. At the first board New York Central rose 4, Erie 14, Erie preferred ¥, Hudson River 14, Michigan Central %{, South- ern old 144, guaranteed %, Illinois 4%, Galena %, Toledo 1%, Rock Island %. Government sixes were in demand at 14 advance, and all classes of railroad bonds were higher. There was a good inquiry for Pittsburg and Fort Waynes at an ad- vance on all three issues; likewise for Chicago and Northwesterns, at an advance on the assented bonds of % percent. At the close of the first board the market was very buoyant, and a further advance of 4a ¥% took place in Central, Erie, Erie preferred, Michigan Central, &c. The news from Virginia was regarded as quite favorable, and persons who sold out their stocks when they were apprehensive of the safety of General Pope's army were free buyers to-day. At the second board the market reacted &% a 4% per cent on the whole list, in consequence of sales to realize profits. It closed steady, the following being the quotations at half-past three:—United States 6's, registered, 1881, 101% a 1%; do. 6's, coupon, 1881, 101 a %; do. 5's, 1874, 89% a 90%; 73-10, Treasury notes, 104% Ten- nossee 6's, 6144062; Virginia 6's, 66 a 58; [Mis SO souri 47% a 4834; Pacific Mail, 110% : New York Central, 98% a 94; Erie, 35% a %; do. preferred, 687% 9 69; Hudson River, 61% a 62; Harlem, 16% a %; do. preferred, 40% a %; Reading, 6936 a %;" Michigan Central, 68% @ 69; Michigan Southern and Northern In- diana, $134 a4 do. guaranteed, 6314 a 44; Panama, 13934 140; Mlinois Central, 6214 a %{; Galena aad Chicago, 73% a 74; Cleveland and Toledo, 5334 a 645 Chicago and Rock Island, 68% a 44; Chicago, Burlingtoa,and Quincy, 865 a ‘874; Milwaukee and Prairie duChien, 34%; Erie third mortgage bonds, 104 # 104; Michigan Central 8's, first mort» gage, 100a—; Mlinois Central bonds, 7's, 99% @ 100; gold, 11534a%. After tho board the market was dull, and very fow sales were made. Con- tral fell off }, and Michigan Southern (old) was \ better. The report is current that the Erie Railway directors have decided to pay a dividend of 344 per cent on the preferred shares on Ist of January next. We have reason to know that no format decision to this effect has been made; but of the fact there can be bus little doubt. The earnings of the road for the calendar year 1862 will fall but little, if at all, short of $7,500,000, which wi enable the direction to pay off every dollar of floating debt, and 3% per cent on tue preferred shares, and have between two and three hum- dred thousand shares in the treasury as working capital. Mr. Vail, of the Bank of Commerce, has been busily engaged for the past day or two in picking up United States notes (5's, 10’s and 20's) for the use of the State government in the payment of bounties. Probably a million dollars in all has been sent to Albany. The business of the Sub-Treagury was as follows to-day:— Roceipts... ++ $783,772 08 —For customs, 94,000 00 Paymonts.. 1,996,631 28 Balance.. 7,660,300 96 The exchanges at the Bank Clearing Honse this morning were $32,991,583 85, and the balances * 61,489,143 89, Coleman’s San Francisco circular of July 31 says :— In this market we note some abatement in the demand for money as compared with the period of our last re- ference, The rates, however, rule as then—averaging about 1% per cent per month for tho best paper, and from. that to 2 per cons, aecording to time. ‘The activiey in the merchandise riarket hns not yet affected mouey, Remittances and collections appear to be satisfuctory. We learn that amicable crses are to bs soon submitted to the Supreme Court of this State for a settlement of tae logal tender question, which is at the present mo- mont a topic of absorbing. interest. . The collection of federal taxes, soon to commence, will probabig relieve this question of some of its more ombarrass- ing features, unless the market is deinged with the notes for speculative purposes, in which event the existing repugnance will be aggravated. The $1,000,000 received by last steamer, aro, wo learn, still in the Sub-Treasury awaiting orders. Receipts from the ia- ‘erior and Northern goast mines since last report sum up at about $1,650,000, exclusive uf arrivals by private bands. Of this amount but about $150,000 have a period lave een: gold $281,000: live, $37,000; together, period have gol ; silver, y say $300,000, leaving upon the market in bars about $1,200,000, a portion of which has been taken for China, The demand as yet bas not been active. Salcs are ree ported to us at 880 a 890, and holders expect to get 900 to» morrow. Silvor is said to be lower; but we hear of no ime portant trarsactions. Exchange on the Atiantic cities rules at 33 per cout premium, payable in gold. The rate for currency is not yet fixed, and will de; end uy despatches: expected to-night. Sterling remaing at . for buake ors’ and 494, for commercial. United States legal tender notes are held, we jearn, at six per cent discount, and considerable sales are reported at that figure by asingle about fifteen ea party. Elsewhere the buying price is cent discount. ‘There are very fow offering and wanted until the tax collections commence , when the dis- vursements of government will supply all that is necded, Mexican dollars continue vory scarce. We hear of smal sgles at ten per cent premium, which isa fair*quotation at the present moment. The foreign imports of treasure at San Franciseo for the week ending the 31st of July ‘amounted te $58,442 22. The exports for the month of July were:— July 1 to 31... $4,552,065 6 Previously this year... 6 882,616 08 Total since January 1, 1862 $21,885,681 @ Corresponding period 1801. 22'003/008 $0 Falling off this yoar.......... 000+... +++-$1,307,081 08, We read in the New Orleans Wational Advocat® (Jacob Barker's paper) of the 15th of August the following :—~ It was remarkabl; im the money paper market to aay and about banks there -— nothing whatever doing. Presidents and cashiers were movem« checks ranging from 9, 108 11 per cont premium. business appoars to be confined to private bankers. ibiic banks are doing whatever in the way of uy ing and selling, which throws all the business on the private bankers, who to have as much as they want. There is nothing doing in time bills on New York. The quarterly statement of the Ohio banks, made up to the first Monday in August is as follows:— Total resources... . $8,687,666 6,888,786 17,988,800 Liasirrms. i $422,900 1,124,400 4,054,700 406,500 "319.760 723 Cireulation 710,652 1,107,281 8,148,040 Dewars 1ro0eTt 2586387 agit ten Unpaid dividend 206 425 6940 Contingent fund...... 108,008 60,566 54,987 Discount and interest. 41,858 76,804 «= (166,046 SUALE OK.o sage eves — — 116 Other Habilities...::. 46,461 1430 47,520 The aggregate leading items of the above com- pare with those of the previous quarter and Aa- gust, 1861, as follows:— May, 1862. Aug. , 1961. 11,900,682" “10,358, 9,783,084 845 1,204,013 2'113'210 083 Circulation. 9,973,832 9,738:957 —8,80u, Deposits. 6,508,276 = 3,920,988 Stock Exchange. Monvar, August 25, 1868. 23 shs Eric RR pref. 200 do cecessessceass 2000 Har! 8000 Chi&NWass’b 5154 20000 Clev& Tolafb 96 9000 Pits, FsW&Cim 96 5000 Pite,FtW&C2m 83 aa jo. 1000 Clev&Pitts8mb LY RRR 200 Clev&PitteRR.b30 ooo do. . {ound Am ia god 88 100 do... b80 34600 ' - 116. pace apse RARRK - 650 do... 50 Chi & Rk Isl RR. 00 Ors geees.s 50 M&Pr duCRR. b30 100 do, etzercsgcesasugeseegeatass 600 a ‘30 > 100 Del, L & West RR SRCOND BOARD. 100 shs Harl RR pret 100 do, 800 40 Hai RR. . 100 Reading RR..b60 200 Ill Cent RR scrip. 200 —— CoatkhR 100 \ bao 97, rf 5 shs shook Lea 25 Wo We 2