The New York Herald Newspaper, January 28, 1863, Page 2

2 IMPORTANT FROM EUROPE. Arrival of the Saxonia with Three Days Later News, OPENING OF THE FRENCH LEGISLATURE. SPEECH OF THE EMPEROR NAPOLEON. His Mediation Offer an Act of *‘ Sympathy.” The Maritime Powers Refuse to Join Him, and He is “ Compeled”® to “Postpone” it. STATE OF THE MARKETS, Ken ae, ke ‘The steamship Saxonia, from Southampton on the.14th of January, arrived at this port at half-past one o'clock, yesterday afternoon, , Her news is three days later than the advices of the Arabia. . A despatch from Paris of the 13th instant says:—The Bourse has been very heavy—not, as I apprebend, owing t anything in the Emperor’s spcech, but on account of the financial situation. fi Accounts [rom Coguac state that the demand for brandy is becoming less every day, and nevertheless the price is firmly maintained. It appears that some of the principal houses of Cognac propose to export their atock on baud to England, in bope of obtaining a good price for home con sumption. The inhabitants of the Quai de la Tournelie, Paris, have paid dearly for the excitement which the funeral of the ‘Archbishop of Paris afforded them. There was not a ‘whole window pane to be found in any of thelr dwellings on Sunday, Jon. 11, a8 all had been shattered by the re- Port of the twelve salvos of artillery which announced tbat Monsignor Morlot was consigned to his last resting place. The damage which was thus occasioned is enor- mous, ta consequence of the large number of shops in the neighborhood of Notre Dame which haye plate glass Windows, ‘the English Parliament is summoned to meet on the Sth of February. ‘Telegrams from Constantinople, dated January 12, state that the report of Dost Mohamed having captured Herat ‘was unfounded, as information received from Teheran, dated 11th December, doclares that Herat still holds out. Telegrams from Constantinople announce that Musta- pha Pacha has been appointed Minister of Finance, and confirm the statement that Fuad Pacha will be President of the Grand Council, having in reality the direction of the Finance Department, NAPOLEON’S SPEECH. Opening of the French Legislature. Paris, Jan. 12, 1863. The session of the Senate and Corps Legislatif was opened to day by the Fmperor, who delivered the follow- ing speech:— MESSIEURS Les SENATEURS, MESSIKURS LES DeruTEs—The Legislative body is about to commence its last session. To have anticipated the term fixed by the constitution would have been, in my opinion, an act of ingratitude dowards the Chamber, of mistrust towards the country. The times have passed when it was thought necessary to take advantage of a happy incident tomake sure of the votes of a restricted number of electors. At the present day, when every one is aware that the masses no longer pos:ess the restlessness of former times, convictions do not change at the slightest breath which seems to agitate | ‘tho political atmosphere. As we now meet for the last time, it is advisable to cast @ retrospective glance upon what we have done together during the last five years; for it is only by taking a con- @ected. view of a period of years that a correct judgment can be formed of the consequent spirit with which the ‘affairs of tho country have been managed. It is 9 usual thing to suspect in the acts of sovereigns @ome secret motive or some mysterious combination. Yet my policy bas always been simply to increase the pros. perity of France and her moral preponderance, without ‘Abusing and without weakening the power placed in my hands; to maintain abroad, within the limits of right and of treaties, the legitimate aspirations of na- tions towards a better position; to develop our com- mercial relations with those countries towards which ‘we are drawn closer by a greater community of interests; to erase from diplomatic parchments the old questions of Litigation, so as to obviate all pretexts of misupderatand- ing; te insist, finally, upon a full reparation for any insult oflered to our flag, for avy prejudice agaunst our ceuntry- men. It is thus that, according to circumstances, I have been enabled to carry’ out these principles. In tho East the national wish of the Dagubian Primci- palities to form only one people could not find us uncon- cerned, aud our support bas contributed to cement their union. We have given our support to what we thought justi- flable in the grievances of Syria and of Montenegro, and of the Christians of Syria, without disavowing the rights of the Ottoman Porte. dur arms have defended the independence of Italy without tampering with revolution—without altering after the day of battle our friendly relations with our adversaries even for a day—without abandoning the Holy Father, whom our honor and our past engagements bound us Lo support. We have suppressed the causes of misunderstanding ‘which might have arisen with Spain, either {rom the non- delimitation of the frontier line or from the old debt of | 1828; and with Switzerland the difference respecting the Valley of the Pappes. Commercial treaties have been, or are on the eve of boing, concluded with England, Belgium, Prussia, Italy and Switzerland Finally, expeditions to China, Cochin China and Mexico, Prove that there are not any countries, no matter how far distant, where any atlemp against the honor pf France re- mains unpunished. Such facts could not be accomplished without complications. Duty always advances through danger. Nev est, France has been increased by two provinces. Ihe barriers which separated us from ‘our neighbors have been removed; ¥ast territory has been thrown open to our activity in the far Kast; avd, what is beticr than conquests, we have acquired claims to the sympathy of the inhabitants without losing the confidence aud the esteem of the governments. During the years recently passed I have becn onabled to have personal interviews with most of the reigning sovereigas, and from these interviews frienaly relations Aare arisen, which are s0 many guarantees for the peace of Europe. ‘This peace cannot be disturbed by tne events which ave yust taken place m Greece. ‘This brief sketch of the past is a guarantee to you for the future, and, despite the pressure of counteracting eveuts and of opposing opinions, I hope that you will ad- mit that I bave always unfinchingly followed the same Line of conduct. As more particularly regards our position ‘at home, | have endeavored, on the one hand, by a com- ele amnesty, to obliterate, as far as I could, the remem- Brasce of our civil discords, and, on the other hand, to tacrease tho importance of the great bodies of the state. Tbave called you to take a more direct part in the gov- ernment. | have given to your deliberations all the | jwarantees which freedom of discussjon could claim. I tw Vag sreeap dada mei hitherto deemed indis- enlidity 0 the bases upon which public credit rests. ‘our expenres, the army and navy estimates avo been considerably diminished. The floating debt bas ‘meon reduced, and by the success achieved by the conver. ion of the regen a great entrlemnash ( ftieation ) of ebows ual increase, from the simple (act of the gene- eal incroase of ity, amd the condition of the ire Nd be. Af the war in America had not ch ore vaya ‘Toe forced o toa more suitable opportunity the offer of Cay nat be Looked upon with imdufference 1 shall not vow enter into details respecting various ad- Miniatrative improvements—euch as the creation of an Army reserve, the remodelting of the fleet, institutions for the benefit of the poor, great public works, encow Fagement to agrioultara, to science and to art, the mains tenance of the prosperity of our colomes, despite the sup. lation py vug ing the Aections of the Arab popilation aid of pe eRe one ssettiers. Tho report upon the condition ot the empire wiil Pression of the emigration of the blacks, the congo! ‘of our possessiong in Africa, ip give yoo ali these measures in detail Useful work is still in store for the conclusion of your labors, and when you return to your respective provinces step bas been taken towards the | that debt. The indirect revenues | destitution which deserves all our solicitude, Gagrant will be asked from for the support of hoe who with jon submit to the effects of & misfortune which it is not in our power to pate to, , Never | f have tha atlemy to een the Adlantic aderces im by a sincere sym: Patby; bul, (he great maritime Powers not having rs adrisable as es tion, et hich wae to stop the Of thood, and b& rte tas ncenion of @. unity the Suture of which NEW YORK HE ‘Yell your feliow citizens thet I eball be always ready to adopt anything tn the mterests of the majority, but i they bave at heart t factiitate the yyy a we commenced, to avoid conflicts which only lead to aster, to strengthen the constitution—which is Iits you, except without reeorve tne preseut sytem, A wi Prefer soriout deliberations. to sterile discusstons;” i f i i if age SPEECH OF THE DUC DE MORNY IN REPLY. ‘The Corps Legisiatif was opeved January 15 by its Presi- dent, the Duc de Morny, who expressed his gratitude for the sentiments contained in the speech of the Emperor, 7 & 3 i i ty z & I z out result; that the country is being teak tee erie oC wEi are ere widel, any other ot it ‘main indifierent th thebarkarity wi from either belligerent, It is adeclaration that the pro- gress of the war during the last two months has but con- firmed him in the wisdom of his former polioy, and that the time is approaching when a European sovereign may filly inter pore to stop the slavohter. As a politician and a soldier Napoloon mry be satisfied witu the accuracy of bis judgment when be deciared that the South would not submit and could not bo subjugated. Siuce M. Drouyn de Lhuys wrote his de<patch the fortune of war has more than ever in- clined to the side of the Confederates. In a great battle they have dofeated the main army of their enemies, and demonstrated that Virginia and Richmond may be hold indefinitely against all the hosts that President Lincoln can send against them. But it is rather by the battles which have not been fought that the eventual victory of the South is indicated. The inva- sion every where languishes, and the hopes of therepublican party seem now to rest almost wholly on what may be done by marauding negroes, excited by President Lincotn’s pro- clamation. It is almost admitted that in Virginia the war is atan end. Every way to Richmond has been tried and beea found impracticable. Each general bad his own plan, avd all the plans have fatied one after another. All the million of men whom the federals pay cannot make their rey, Hint jp to abel Ra) hondrea miles of rugged and desolated country, held bya manageable army of Confederates, who ‘rust their Icaders aud are full of the confidence inspired by a long series of victories, Utter inactivity bas fallen on the army which was pushed into the field as an auswer to the French Emperor's pro- posal of mediation. * * * The state of affairs in the West ts scarcely shore encouraging for the federals. There is skirmishing in plenty, and now one party wins a victory, now the other; but it is quite apparent that the federals hold only the ground they stand upon, and that no pro- gress has been made in the conquest of theSouth. Such being the condition of the war, the French kmperor may justly ask whether Europe is to sit still and make no effort to save a civilized and Christian society from the miseries that are coming on it. The exhaustion of the country and the brutalizing of the people aro the only re- sults which may be clearly forseen if the war lasts, and the Emperor wiil do a good work if by any wise and E to England | In evidence of this feeling, gold advanced this morn- gEgé the | sions for the-future. It is essential to the success campaign of 1860 that, ing, the Chinese would make mogt | im the main, be kept easy enough to reader nego- 4 under proper oticion§ soxdiees, ‘i great movement at present in contemplation by the imperial forces is the capture of Nankin. Pie Ruceisns wise the amount of legal tender notes are said to have offered their assistance; and we hear that the Tartar General Tob, of the garrigon of the same province as Hankow, mnt to join the besicgi just gained some victories over the Shen-si rebels. From Stangbae we hear of ‘hood. Cholera still continues to rage:in Shanghae. Tumx-rauw, Nov. 8, 1862. § Sates comprise 87,000 pieces gray and “3,000 white | bility of the interest bearing notes inte legal ten- shirtings, 16.00€ T-cloth, 2,000 chintez, 2,000 brocades, 4,500 American drills and ore In imports prices here, as elsewhere, check purchases, and but little has beon done, havo been taken during the fortnigt are reperted at 12,000 black and 25,000 greens. ‘Saancuax, Nov. 22, 1862. Sales of imports are—18,000 pieces gray and 4, shirtings, 4.000 T-cloths, 2,000 american drills, and 2,500 spotted shirtings, with a few hundred pieces of other . ‘ rode. In experts very ttle doing: Obie cnowce | as will soon be the case with the $300,000,000 i The stocks are estimated at 12,000 | aushorized. If it were absolutely certain that chests Oopeih, Ningchow and Hohow, and 2,000 tlowery ‘ In greens contract teas had been shipped toa Jarge amvunt, but not much doing in market. The settle- ments and reshipments amount to 15,000 haif-chests, ta cluding 700 Japan, Ching bas been ordered by force at Nankin. further alarms of rebels in | the Senate, and will be acted: upomthere. One 1U-KIANG, Nov. 15, 1862. 16,000 packages green teas i and the shipments white.| have them on hand; and they cannot good: black reported sold. mn. Jeddo.of the Daimio and Consequont upon the break- ing up of so many sumptuous establishments, large quan- ties of valuables and gariosities are being sold in the capi- tal, and the houses themselves taken down, P' Tn Japan, the departure from their families still goes on, a {From the Metbourne Argus, Nov. 25. ‘The shipments of gold still show a falling off, and there is now no chance of the amount reachi ig the quantity produced by the miners during last year. will not be very great, still there will be adeficiency, which we cannot expect te see made up during the few weeks remaining, and under circumstances anything but The stability of one of our local establishments—the Colonial Bank of Australasia—bas be test. Arun of extraordinary rapidity, while it lasted, ‘began on the 11th inst., and tasted for an hour or two on temperate advances he can persuade the federals to desist from @pir hopeless enterprise. Reported Renewal of the Mediation Of. . fers. ‘Paris (Jan. 11) Correspondence of London Herald.) Opchion Nationale states that the French govern- ment nas sent a tch to London, énquiring whether the battle of rane ol eee ee Mel hed Majesty ’s ministers, a negative reply me received. It is to’ be hoped that after this France will make up her mind to act alone. It is reported—but I do not vouch for the fact—that the Nortbern envoy in Paris has been. instructed to sound the government to ascertain whether it was willing to ‘an armistice which, according to all the accounts from the States, the North stands much in need of. SPEECH OF SIR CHARLES WOOD. The British Secretary for India on the ‘ar. {From the London News, Jan. 14.) ‘This evening (13th) Sir C. Woop addressed a crowded meeting of his constituents at the Odd Feliows Hall Halifax. Mr. Crossley, the mayor of Halitax, occu the chair. In the course of his speech he said:—There was one sub- Ject which deeply affected our domestic interest, and that ‘was the state of America. Two sectious of a great and hitherto happy country—alin to us in language, liberty, love and feeling—were enguged 1b a most unnatural inter- necine war, and exhibited a spectacle which they must all, for the sake of humanity alone, deeply lament, quite in- dependent of the consequences which it bad entailed uy this country. With respect to that war, the government had deemed it its duty to observe the most perfeet neutrality and impartiality. We had been, as might have been ex- yected, blamed om both sides—namely, by the North for what had been called a too early Fecognition of the belli werent rights of the South, and by the South for not re- cognizing them altogether. "He leliewd the British govern- ‘ment were right in both cases. In the first place, it was not | done as favor to the south, but because it was indis- pensable for them to define the position in which the vessels | of the South stood toward us, Bither they were belligerents or they were pirates,and hardly any maa in kngland would say that a vessq) holding a commission from scven or eight millions of peopla who formed a de facto State could be treated asapirate. (Hear,hear ) On the other hand, when the French government invited the British government to in- terfere between the North and South, they felt it fo be their duty to decline, not because they did not rymjathuze with the amount of human struggling in the country, er shrenk from anything that would hold out @ reasonable prospect of suc- cess in putting am end to the contest now raging, but that they believed that any offer of mediation which they made at the present time would be sure to be refused, and ‘event them taking such a course in future, ' when They might think that there was a. chance of ‘success. That a better feeling might arise he could not but hope, in which case the government would hold itseif perfectly free at any time to take a step which it might think would be acceptable 'o both parties for the sake of ter- minating this dreadful struggle. (Cheers.) He wished that he saw symptoms of the abatement of bitterness on either side, or any prospect of a speedy termination of the war. Neither party seems to make muck progress, After & struggle which has lasted @ year and a haif, both sides v wore at the commencement. The attacking party was always ri , evey when, as on the jast occasion, the utmost gallantry was ‘displayed on the part‘of the amsailants. One could not bet shudder ‘at the spirit iu which the war was being carried on, and would (God -that public expression of opinion could mitigate the horrors of @ sapguinary struggle between members of the same race and the same family, and of the same name, in which ome party is struggling for what, as far as one Coo Min p eee Aas be hopeless—noamely , the reconstitution and re-establishment of the Union, Wonld that he could say the sufferings arisivg out of this horrible war were confined to them: but, alas! the consequences vf their hostility had entailed ao amonnt of suffering bere fearful w contemplate. He | must say that that distress had been borne with sach for- | titade, such (reedom from complaint, as had rendered the | people of Lancashire the admiration not only of this coun- tury, but of the world; for there never had been an instance in which seeb an amount of struggling had been enayred | with such patience and such resignation. He must say \ that, whatever other causes bad bean at work, be believed | the education which the working people now received, and | the means which had been given them of becoming ac- quainted with all that passed, 80 onabied them w ap- iate the difficulties ef those who were placed ina igher station in life that they knew that no ose ip this country was too biame for what | had occurred, and cousequently bore their sofferings with a fortitude which waa moat b norable to them. Nor could they refuse w acknowledge with ap- | proval the exertions made by the employers nnd «deed by the whole peuple of England, to mitigatr the dis» tresa. Re could not dowbt that the effeet would be to | knit together in firmer bonds ail classes in the oountry, ; Because in this instance it has been shown that the sympa: thy of the rieh ie gratefully extended to the sutierings of | thoee who, 19 consequence of circumstances entirely be- their control, have beea deprived of their ordinary | means of support: The cause of that distress had been, | | an they knew, the withholding of the American crops of cotton , the cones’ of Which was that great interest | had shown in respect to cotton supply from India Of late years nine tenths of the cotton ued |» this coun- , try bad come from America, but it waa only of jate years that this supply from America had superseded that from all other countries. Many causes had been assigned why this had been the case, but he believed reason was that ite price bad been very far be price of cotton of equal quality produced clsewhere, and the next day, when it died a naturai death. In the mar- kets a steady and healthy condition of business has ruled throughout the mouth. [From the Sydney Herald, Nov. 21.) But few events of importance have ocourred during the past week. The steamer Bom! carrying a further donation of £2 tressed operatives in the manofacturing districts ef Eng- gold fields maintain a steady average yield. The escorts which arrived on Thursday at the- mint brought down in all 11,176 ounces (rom the western , norther! southern districts. The West Coast of Africa. Private letters just received in Liverpool by the mail from the West Coast of we trade was very brisk at Whydah, and ‘nat several sailing vessels aud two large sorew steamers had taken iu cargoes ot negroes at that. place, and got clear away to.sea, notwithstanding the presence in the vieinity of one or two British cruisers. It is said that there ts a regular system of telegraphy the slave dealers all along the coast, and that the cruisers are well watehed, 80 that the slave veswels are coustantly apprised of their movemmnts, and take measures accord. ingly. This doubtless accounts for the escape of the iD aid 0 tho ai steamer Ethi ‘fewer stocks were offered for sale. At the second Commercial Intelligence, LONDON MONEY MARKET. {From the Loudon News (city article), Jan. 14.) The stock markets were again dull today (18th). tention was to some extent occupied with prepara- the coming settlement foreign stocks, and fresh transactions were accordingly the other causes induc wnward: tendency of the he fact ot another withdrawal of gold from the Bank of England, and a yague feeling of uncertainty as to the effect which{the numerous new schemes. in course of introduction may ultimately have upon the money market. The funds have again declined 4; per English raiiways and foreign bonds were compara- tively steady, while Indian securities continue to be well in shares and circumscribed ; dulness were the Im the discount market there was a steady demand, and the rates for good bills were 27; a 3 per vent. Consols, which closed yesterday at 93 a 4; fer the 5th February, opened this morning at the same quotation, and closed at 92% 2.93. For money the last price was 92% a The official business report is as follows:—Threo per cent consols, for money, 93, 923,93; do. for account, 93, 92%, three per cents, reduced, 927%, 98, 9274; new three per conts, 92%, 93, 92%, 7%, e- Foreign stocks continue to meet with a good deal of justment of the aogount in- frosh transactions. Prices tocks have ad- The foreign exchanges thia afternoon were steady. ‘The rates for bills on Hamburg were slightly more favor- able for this country. LIVERPOOL COTTON MARKET. Liverroot, Jan, 10.—We have had to report afair de- | mand to-day’ with a quiet market; prices unchanged. The (000 bales, of which 2,000 are for export and Lrvxrroon, Jag. 12.—We have bad a flat and unsettlea market to-day, influenced by the Times, leading article | on the subject of peace between the contending part America, and prices are ‘d. to i¢d. under the current Saturday. atten 1,600 are for export and specu "Liverroor, Jan, 13.—Onr mar | Virginia 6's... | N Carolina 6's. 7434 a 75 | Missouri 6's.. 65i;a 6: attention, although the terferes for the moment wit generally were firm to-day. Several | Receipts. ....... | February 2. plantation Ceylon, tri on BA phy 500 om y dinary, 728. 64. a 749. 6d. 50 ve ‘and 5,200 bags of Rio, good to fine ordinary, Cocoa, —350 bags were offered , fine Surinam sold at 856.; Bahia bought in at 50s, ‘TRa.—The market continues active for all descriptions. Rrce.—OF 4,400 offered by auction, ® id at 108. 64, a lus. 9d.; Batlam bought in at $8. 3d. a Se, 6d.; 2,000 bags Rangoon sold at Ts. 784. Saurrerae.—No gales reported, SHRLLAc.—900 cheats wore offered and at rather lower prices, the greater part was disposed of. Fine orange, £9 2s, 6d. a £9 7s. 6d. Lac Dyx.—100 chests, part sold, at 2%4. for low quality. | Maver Roors.—100 bales Bombay sold at 25a. 6d. @ ye Bengal white soi ‘orron.—The demand has again been inactive to-day, and prices tend downwards: about 400 bales sold, Jere i# firm at the late slight advance Li WEDNESDAY, JANUARY 28, 1863: - . a jan. 14, 1868. $6000 FA peta yr Of the two days 7,000 bales, imciuding | j9999 f bales 36000 irregutar,and dull, but a tiom was ocousioned | 29099 by tho American news per’ aa there is 8 more | 45000 buoyant tone this morning. 6000 Tkape Ruvor.—At Manchester the merket is firmer, | -o 09 grea especially for shirtings: ¥e000 Buusperurrs.—Viour quiet and steady. Wheat steady. | “oo99 Corn firmer and advanced 64.2 9d. f soo” PRovimiOns.—Beot a. Pork very duit. Bacon a% | 95099 y clining. Butter frm for fine. Lard stoady. Tallow tat. 15000 —Ashes dull. Sugar quiet. Coffee steady. are inactive. Rosin—Neasales, Spirits turpsnsine nomi- FINANCIAL AND COMMERCIAL. 'B, Tumspar, Jan. 27—6 FP. M. nee 8554 The feeling in ccgamercial circles has beem pain- | 20000 +p-60 87 fully depressed to-day, and the greatest uneasiness = 90, prevails with regard te thé Army of the Potomac. +830 63: ing to 155 and exchange te 171. Later in the day a 15445 100 Q...++ ever ois reaction took place, an@ gold sold at 154%, 154 154 a is ise and 153%, closing 163% bid. Bilis in the ‘after- ger eel eT noon could not have been sold sbove 170, and oi Pry sata nf om good bankers” signatures. changed hands at 16924. ¥06 1000 do gaag But it i# idle to disguise the fact that the political Am Exohange’Be 497 700 Clev & Pitts RR.. 713% teat about | and military situation has filled the peblic mind with 109 Conte Company: f255¢ Fy Seta sate wae done on | distrust and alarm, and that, until the effect of the | 300 bea ‘Tranait(o: | 6 96 recent sclanars in Ma ADs Bas been anal oo Giveasver M03: 2s mx party no pect negotiations o Comsequence cam § Po, | be pie shi i Ley ie a Money is abundant; but lenders ave very cau--} 100 do. A M6 10 tious in advancing money om stocks and exact f 1%? daw 098 Seu rf unreasonably large margins. Thia eircumstance fi 100 ¥ 1 70 looks like exag- | ig mainly due to the feverish conditiom of the pub- || 100 ee 4236 200 de. 6 38 Cnic,Burl & QuRR' 109 300 N ¥ Central RR: 180%% 200 dO... e000. LOOK: Bales at the Pebiic Board. ‘ONE O'ODSEK ¥. Me 9200 Treas 1.30 pom:102%, 300sha Har RR pref... 73 20000 U S dem notes. 14614, 250 Mich So&NIRK 62 000 Missouri 6's... 66 5a do. 83 62 20000 American gold. 15444, 280) do. a D3 154)4, 300 MichS & NI Nic mind, and the prevalence of vague apprehen- of the goverament that the: money masket should, tiations of United States bonds- possible. Other- 61% and Treasury notes authorized! in: the bill passed mee po rt. of thi \f th ite” Inweieve & Bitis its TH by Congress will fall short of the wamts of the ie i ¥ oe Treasury Department. That bill has now gone to 172°" 200Cleve & Tol RE! 92 300 NY Central RR.. 12t* 100 de section will have to be amended—via: the one Mokichh. (oom beg atl ag oa which states that, notwithstanding the converti- | 100 do. 76: 100: do. 810 9335 150 do, 75%. 100/Pitts,FsWayne&C 7154 FOCR’ O*CLOCH P. mL $5000 0S 6's; coupon 94 260k Har'm RR.bS 345 2000 do........, 94K, 100/ dO... BAH 26000 73-10 notes... 102!;, 500- do... .b10 35000 Devt certili"tes 95/4 300'Harlam RR pref. 71 154 i 90 der notes, the aggregate issue of the latter shall never exceed $300,000,000. This, of course, nul- lifies the previous-provision respecting. conversion. In order to give legal tender notes in exchange for Treasury notes, the sub-treasurers must have them on hand if they have been paid away, 52000 do... ow... .b3_ 61 5000 Tennesse NI guar. 10534 100 250 M So & each sub-treasurer stood ready to exchange legal tender notes for Treasury notes, very few or nene at all would be presented for exchange. But if, owing to restrictions in the law, doubts arese whether the government had legal tender enough to redeem Treasury notes, every one would want to: convert immediately, the Treasury notes would flow back to government. as fast as-issued, and the whole scheme would break down. The restriction upon the issue removed, it is not likely that it would be necessary toissue more than $300,000,000, as the Treasury notes would answer the purpose of legal tender. The tone of the stock market this morning, as usua! after a sharp turn, was quiet and hesitat- ing. Bears have reappeared in the market and put out some options on the passage of the-Finan- cial bill through Congress.. As a rule, however, the bulls are confident, arguing that, whatever Congress may call the new issues, they will in fact be nothing more and nothing less than paper eir- culating as money,and consequently certain to enhance values. At the morning board to-day government sixes fell % per cent, with a.small business. The 7.30. notes are steady. State stocks were firm. Bonds were: rather strong, expecially the mew issues. The Terre Haute incomes rose 1 per cent. In the rail- way shares there was- less than usual ,done, and little variation in prices.. Erie deolined 14, South- ern old 4%, Toledo 1, and Prairie da Chien 1, whilé Central rose 34, Hudson 4%, Michigan Central 4, and Pittsburg 1. At the one P.M. session of the public board the market was inactive; there seemed to be no disposition to operate either way, though at the close the tone was rather firmer, and 100 Canton Co. 200 Nic ‘transi 175 do. 100 Pacific M: d, 400 Hudson Riv.. 100 Harlem RR. CITY COMMERCIAL REPORT, ‘Texspay, Jan. 27—6 P. Astiz8.—Sales were mado of 40 bbis. at 83;c, for pots and 8c. for pearls. Beeswax was saleable, im lots, at 4lc.a 4134c. for Western yellow. Breapsturrs.—There was increased activity in the mar- ket for flour, and prices were 10c. a.15c. per bbl. higher. Sales were made of 24,000 bbls. State and Western, 3,000 do. Southeim and 1,600 do. Canadian, ‘within our revised Bupel fine State and Western Extra State, old and new Common to choice extra Reeowsaas’ sesssssse . 7 inquiry, 10,000 bushels at $1. 80 a $1 98 for white Western, $1 60 a $1. 70-for red and. amber Western, $1 50 a $1 6232 for Milwaukeo-club and. amber spring, $1 40 8 $152for Chicago spring. Corn was 2c. higher, with sales of 100,000 busheis- mixed Western at 90c. a 913,c. for sound, Téc, @ 89c. for unsound and heated, and 4c. for Western yellow. Rye was in limited demand at $1 4 $168. Sales were made of 850 bushels barley at $1 50 a $155. Oats werein moderate demand at 68¢. a 70., ac- cording to quality. Correz —The sales- included 50 begs Java at 343{c.; 70 bags Maracaibo at 320., and 2,800 bags Rio and Santos, Part at 30c. a 303;c. The market. closed firmly, with an upward tendency. We quote Rio, prime, at 31 }¢c. a 32c.; good, 30\%c. a 3ic,; fair, 29. We. , ordinary, 28 4c. 296. ; Maracaibo, Jae a 32 3¢C. 5 Java, 34c. a 35e.; 0, 28e. Corron was up to Tic. @ 77 c. for middiings, with sales of 1,100 bales. Fiuauts were less active to-day; rates unchanged. To Liverpool the engegements included 1,200 bbls. flour at 28,; 25,000 bushels grain at 63¢d.a 7d.; 300 tierces beef at 4s.a5s.; 2,500 packages. ‘provisions at 20s, a 6d. by sailing vessel, and 508. 8. por steamer; 250 tallow at 203. To London 6,500 bbls. flour at 2s, 6d. Murats were freely. inquired for, including pig lead at board, the market fell off on governments and like- wise on railway shares, and closed heavy, though without any pagticular pressure of stocks for sale. At the four P. M. session of the public board there was less excitement than usual. Prices as a rule were steady at the decline of the afternoon, and there was a pretty general disposition to buy Erie and the Western shares at the lowest quotation. The following were the last quotations:— US 6’s,reg,’81. — @ 9335 Hudson River. 934¢a 94 | 8%. a 9c. ; ingot copper at 34c. a343;c.; Banca tin at 460, Ui q a 94 Harlem...... 349, a 34% | a d6iic.; Straitefdo. at d4c. a 44340; spelter at 8c. per US 5’s,00u,’74 87 a 87 Harlem pref.. 70% 70% ing...... Wiga 9% Michigan Con. 9637 a 963; MichSo& Nla GO%a 61 Ib. ; Scotch pig iron at $35, and Ne. L American do. do, at NavVat STORK wore quoted firmer, including spirits tur- pentine at $2 62}g0. a $2 6754c.; but in view of the light stocks sales were limited. Provisions. —Pork was active, sales having been mado of 5,700 bbis. at $14 75 a $14 873g for old, and $16 a $16 25 for now mess, and $11 60 a.$13 25 for prime, Beet for plain, and $12 7% a $13 50 for extra m also made of 3,700 bbls, and tierces lard within range of . & 1036. ; 6,208 boxes bacon at Tc. a 9%C., and 600 packages hams ad shoulders at 7c. a0. and 5 34¢. a5%o. Butter was in more request at 2le. a 25c. for State and 1c. a 20c. 1or Western. Cheese was selling freely at 100, alse. Privtina Crorms,—The sales in. Providence last week 7. Treas n..102%4 a 102 US6's,1 yr cer 9534 a 95 US demand 0.147% a 147 Tennessee 6's. oe 6 8 %. 5% Cleve & Pitts.. 71a 7 Americangold.163}, 21684 Galena & Chic Bye Bw Pacific Mail...1725, a 172% Cleve & Toledo 91a 9: 21” Chie & Rk Isld 93 a 931¢ Chic, Bur &Q.110 a MOK MIP du. 43 a 43 Central. . . + $619,978 28 —For customs,.... * Mebe 201 as | Were 128,600 pieces, (closing with 64xt4 held drmly.at 253.4 lie. Rowe “Pawo a5 | KOK was more active, 1,150 bags Fast India having found buyers ai Te. Soav.—Sales were made of 150 boxes castile at LiXc. a l6c. ‘Tonacco is in fair demand and on the advance. Sales of 463 hhds. Kentucky at 15 \c. @ 32c., 76 cases seedleaf at Ise. a 30c. Sricks were in brisk request, with sales of 10,000 mats The Leather Manufacturers’ Bank has declared a semi-annual dividend ef five per cent, payable Stock Exchange. New Yorw, Jan. 27, 1863. cassia at 45¢., 2,000 per, partly at 2Sc. a 25 ic. 30's Delituacibo 120% | and tagn paaienn atti aes, agg ‘Svoans.—There were 700 bhds. sold at 10%c. a 123¢c. for New Orleans and 10}<c. for Cuba; also 143 boxes Ha- vana at 10¢c. a 11c., the. market closing buoyantly. ‘TaLLow.—There were 150,000 tbs. sold at 11 yc. all Ke. erga of 9,000 packages were edected at buoyant Prices. ‘Wasxet.—Sales were.made of 750 bbis. at 490. a 600, ___WENANCIAL, re BMY AND NAVY COLBRCTION AND PAY O#FICE.— Pensions, Bounty. Back Pay, Prize Money, and otherJust 8, cashed, Circular, with list of prizes for disbursement and book of instructions laws fe, vont pra ‘ 2 Park place, N. ¥. LY A. VY, ATTEN’ N,. x AM DEuS AND Balgns "Fay AgeuuwTs AND bounty, monare coletad ant, CABARD: D; PENSION re red, E SRD BUSS) U. 8. Naw, Ei Bioeday earner Chambecs see Nem Fork. AS LIGHT STOCKS Ww eae N.Y.; Williamaborg, N. idan, N. ¥., Jersey City, N. J. JOHN. RRAY, Nassau street, eorner Liverty, ‘ON! , LOAN Moi Meiiitsiy Sony DREOM, ty oh TE TLWAVKER AND PRAIRIB DU CHIEN RAILWAY, Osamare 30, William ‘street room No, 9: os: cond foot), New York, Jan. The Direc. tors have this an dividend of eight tr cent on the fires ad Srook pare a tee the guvermort any on and after Popruary Taethe omen. fe transter books of stock will be reopened oF Rg Peck, Tner Aga — YORK FLOATING DRY DOCK COMPANY, 250 Niue treet, sanuary tp Board of Direo- tors hgve 3 quarterly dividend of four (4) per cent, ‘government (ax, payable on "1 arr, iP MASDN Soar x 2 = & dd — Fe obs 4 2232 Ege 2 & SSE: 3 = 3 seseesae = Bas: FR $38 s bao do......b15 95 & Pitts RR. 72 PEELE E ‘bs. no 800 Clev: 400 33 = Z ee = = RW YORK, JANUARY 26, 1963. —CAUTION.—ALL N rsona are cautioned against ecguilaring.© note dated apr Bs. i, give, by, Robert J Law, for hundred antares, payable to W. Ht, v0 Ube uote ta Logs and pay. ment stopped. W. H. MOOR! UTHERN BANK NOTES WANTED. s° vil Hy North Carolina, South Carolina, Georgia, Ala. bama, Tennessee and New Orleans Bank Notes bought at ofsatee Park Bank... do. let it not be forgotten that, if we hive over many there had consequently not been in ludia sult difficulties and accomplished many useful acts, it nus ment to grow insufficient quantities to supply the wants be attributed to the devoted support of the great bodies of thie country. of the State, and tothe harmony which has prevailed se ad emong us. Novertheless, there remains still much ts | The Greek Qaecstion, be done to perfect our institutions, to disseminate good (From the n. 13.} ho private oe Waccustom the country to count upon itsolf, | The news is confirmed, that M. Devaux, Tausow.—The market was drm today. Meee ANNING & DE POREST, 8 sand Brokers, 2) Broadway 310000 American gold 165 100 Chic & RT Reik wom do... U3 150 do. prices were quoted #0 :— Spot, 10000 ease month, 436. O4.; , 448. 3d. to 40000 0s a S oe October to Decem 6000 EA . wer) it . y evewing, 357 casks noo 00 THE LATEST WARKETS. = * ex ' ros, Jan. 60 u Consols 92% for money. Good demand for « tos = ‘Stocns have advanced. United States @s | 60 TOK advanced 5; Brie advanced 1; Illinois Central abares ad- | 100 Oi 6 priate p's og Sousa na Sua w ‘ representatives, on and after Tucaday, the Sd of next, Alter reservi TWO AND & HALY MILLION. DOLLARB of iswue of 2661, to the holders thereof, or Tuesday. the 34.0f Feb- ‘all interest thereon cancelled. F ‘A aividend of FORTY PER CENT Is the ate, Pg ere | for the rargndiog at ecerebes, 1862, for whi Horii wea, ha shi ‘ai Th rotits of the ascertained f1 Totot July, ABR, to tee Ink ot Seouaey, WOE, tor \ which oertineaies were genous bo. -<.-. O12 TESTO Adaisional from at January, 3 1140000, Total profits Cor 2034 years. sino 15 26493, 75907" fe ceruiicavea, previous We"i86l, avelbeem' ree deemed by cash. ~ cesetnagen bones 10,STSOO ae Ne cornings remainii By oraz of the Hoary - TOWNSEND JONES, Secretary. ‘TRUSTERS John D. Jones, A. Puiok Jougoh Gaulacd, Je Ghactes Den roy M. Wiley, 3. 4 w.n. Sour, Beni Miler? ‘Cornelis Gutaet, - an Tileston, }. T. 7g G. & Hand, Heary Coit, Josliua J. Fleney, Waits Shermao, Ee thenen Ree eam Eee, Russell, James Bryce, Benj, Babcock, Lowell Hoin Win, Sturais, Je, FOR Margoun,” Meury Ke Woger, ener Minter’ Ww, JOHN D. oor Bresidens CHARLES DENNIS. Vice President. W. ll. H. MOOBE, Second Vice President. | QFHSe OF THE ERIE RAILROAD’ GOMPANY, 18 D have Went street, New York, January 22, 186% IVEDEND-—-the Board ‘of Dircciors of this Company per cigek, on Monday, the 2d, and open ou the Ifth of Febru ary. By ovdei of the 3 HORATIO N. OPIS; Heoretary. I dager FIRE INSURANCE GOMPAMY—DIVI- dend.—At @ meeting of the Board of Directors, held on (he 13th iastam, & semi-annual dividend of Vive per cent was declared, payabte to the stockholders em the 24 day of February next. The Transfer Books will be closed om 2 au sc bmn Oflice No: 176@hatham square, corner Mou eieet. By order, Pt Vamuany 16, ba63. z. B. FELLOWS, Secretary. HINBLASTBRS,—CORPORATION NOBES, OF ALL D* denominations, bought by Matson & Robinson, 163 Fulton street opposite St. Paul's church, ‘Tue price pald for NRANSFER O#FICE OF THE CHICAGO AND NORTE - western Railway Company, No. 12 Wall stroe New Youx, Jeu, 30, 1863. ‘The coupons due: February 1, 1863, trom the preferred finiing iund bonds, Appleton extension bonds aid Green Bay extension bonds of this company will be paid a& this Ottice ow and attor the 24 of February. The coupons trom registered bonds will be paid ouly to the partien in whose: mame the bonds are registered on upon their written.order, in which ease the numbers of the bonds from which the oowpons are cut should be stated inthe or der. JAMES R. YOUNG, Seoretasy. NO CAPITALISTS:—WANTED, ABOUT FIVE OR S1X+ thousand dollars to build with in this city; good invest ment, Address 8. 8., Madison square Post of [MMIED_SOATSS, TRUST COMPANY | OF. MEW Yovk,—-No. 48 Wall, corner of William street,. San. 6, 1563.—To holders of.Jetféraonville Raijroad Fire) MM Bonds. Public nosice is hereby giver, in. accordamee with the terms of an.agsooment between the Jetlersonvile-Rall- road Company and the holders of its first bonds, dated April 14, 1859, thas the United States Trust ot New York will, upon presentation at their. oflioe, No Wail street. redeem, at par aud accrued interest, suid Jeffersonville Railroad Company's first mortgage boada, humbered {rom 106 to 120 inelusive ; and that from aad afer the 6th day of February, 1863, interest on said bonds. shall by the termaof sald agreement ad SON A. STEW ART, Scavetary. ANTED-NEW. XORK CONSOLIDATED » STAI Company Stock, by ALBERT H. NICOLAY, No, William street, Us ‘ANTED—NEW. YORK AN EW HAVE; BALL iia roud Btock, by ALBERT H. NICOLAY, No & Wil- mn street. $10 BOUNGY, PENSIONS, PRIZE MONEY PRO- “cured. Prize money now ready for twenty vee sels. No charge tu advance. Money loaned on boad aad mortgage at six percent. Ail kinds of law business, trace acted: B.D. EWEN & CO., 119 Nassau street, $5,000. ANzz> te ENLARGE THE ractei ¢ es of @ light carriage manutactory, cated lished inthe city, omy o highest reoneneatating tive partn renees of the. highes given, “A Darriage, Herald office, j 12 000. WANTZED—ON {FIRST MORTGAGE, ay 5 6 woant, on a property ts the beatmaee a uy, worth sion Principals only will apply to 13'E. STANTON, No, 35 Chat! ret $7 5.000. prcperty worth double the amounts boarag ; : i h interest at 7 per coat for wale by VAN WINKLE SW NANS, Pine street. 5100 000 10; LOAN ON MORTGAGE—A? THB * lowest rate of interest, on Real Estate im this city or Brooklyn, ta sums to suit applicants; also @@Q- OvU to invest in Count Mot 0 Invent in CONDLEY Mon GAGPRGEANT, 15 Vfall street. $150,000 ORCA Be rae Cees coe u wy of ‘years, on the office of Wall sireet, cal Batata in thie city or Boooklya. Apply im ¢ People’s Fire Insurance Company, No 66 to JOHN. F. CONREY. SPECIAL NOTICES. g MEETING OF THE HIBERNIA NATIONAL Greens will be heid at the Hudson Hspheae, corner of Thirtieth sweet and Tenth avenue, on Thursday evening, Jannary 29, 1363, a5 aiclock, for the purpose of irre o-par- rangementsfor St, Patrick's Day, All. those velshiny ticipate are invited to.attend. By order of the committee, OOKS FOR THE SECOND REGIMENT EXCELSIOR Brigade may be left at the oflice of the Meriden lal Company. 45 Hoekman street, Histories will, be oa tal but any good reading will be gratefully recewed, ‘ PERSONS ARE CAUTIONED gotiating a Hote given by Robert J. Law, for $500, 10 W. H. Moore, dated April 23, 1862, as the note hag been stolen and payment stopped. A suitable reward wilh be given for the posketbook und papers taken in fromt of Lord & Taylor's stove, and no questions asked. W. H, MOORE, 19) Eas Tenth street. OF TEMBERANCE.—THE GRAND DIVISION OF ‘a New York 8. of T., willeommence its quaxteriy inthe Hall of Nassau Division, No. 6, at No. 13 Court . Brooklyn, on Wednesday, January 28, at 2 o’clgck B. vacntatives will please be alti taeir attend ance. By order of JOHN DAVIES, Grand Scribe, 10 THE SHO DEALERS OF THIS OETY.—PROCEED- ings ot the Sboe Dealers’ Clerks meeting held on Moa- Runk's Hotel, 274 Grand street. ng toorder by thé Ohairman, John A. 77 Casbarine street; Jon B, Rauswell as Se 1, Dean as Tren: day evoning, Jan. round, Saturday and holiday evenings excepted. benskie mova. as an amendment that the hours of slosing be eight o'claM@ P.M. from the bat of September tothe 1 Of April, ancinine o'clock the remainder of the year. The amendment was lost by an almost uaanimous vote, the original mothon prevailed. Mr. Joel Sammis nm: a commutes be appointed to confer with the dealers tor the Purpose of carrying ont the early closing mavemoal, Chair appoanted the following gentlemen — Mr. Jou A. Grdham, Jr., for Catharine street. Messrs. Bigiow and Lefferts, for Chatham street. Moaars. Neely and Deremy, for the Bowery. Mr. Uver, for Third ue. Mr, McGinn, for Canal street jacoba, for Centre street. we ‘B. Jones foe Greenwich street. cy c. of oy] Bert mecting, to be eld. at 8h ook ag. = a a | age ere irected to be published ia the Sua, Ra ay apn the Gun editer- aad em jhe aigaded the meeting. i # i i city of New York, and tor seversi ‘dachem of oar goolety, on Wi ‘Jaouary ie 4 Tesidener at . ‘care will a Boing be fy athine ovieck A, i er iH 5 see ae ai Sia 1B ANNU. tore of the Sisth Avenue at the Se ER A near Trine MANUFACTURBRS' = ASSOCIATION.~THE 7 1 46 Reek- regviar monthly meeting wil peactek r Fier | Man street, on Monday, February There will be # sale 0! ip to members, ‘ioe Nat tees can be had on appli to Ail kinds of hemp twines 5 ad a AKE NOTICE —THE UNDERSIONED, TAX COLLEO. Mee rama ot Kew Lota county of, Kings, will ge on Wed ft Gocleck A.M. e6ooiock P.M. at P le’ Hotel’ Ban New Work, D. GLANDER, Couemar.