The New York Herald Newspaper, July 8, 1865, Page 2

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

2 FINANCIAL AND COMMERCIAL. Frupay, July 76 P. M. The stock market was firm on the whole at the firet boord this morning, although the New York roads did not fully maintain the advance of yesterday. The volume of business showed a marked increase, and the Gisposition to operate for @ rise was more stroncly manifested. [Illinois Central was 2 per cent higher than at Thursday's second board, Northwestern 3, Rock Island %, Fort Wayne %, Ohio and Missis- sippi certificates $, Cumberland 3, Quicksilver 17. New York Central was a 3 lower, Erio %, Reading 3%, Michigan Southern 3, Cleveland and Pittsburg 14. Government securities were strong. Cou- pon five-twonties advanced %, new issue \, coupon ten-forties 3. At the opem board, at one o'clock, the market was firm, At the second regular board it was buoyant but irregular, New York Contral was 34 higher than at the first board, Hudson river %, Cleveland and Pittsburg 3s, Northwestern 4, Rock Island 2, Cumber- Jand %. Erie, Illinois Central and Ohio and Mississippi certificates were sieady. Reading was 3 lower, Michigan Southern 3, Fort Wayne 34, Quicksilver %. Govorn- ment securities were quiet but unchanged. Ono year Certificates sold at 9834. At the open board, at half-past three, the market was barely steady ona portion of the list, but firm on the Test. Erie closed on the call at 81%, Reading 98%, Mich- igan Southern 63%, Cleveland and Pittsburg 70, Rock Island 10734, Northwestern 28%, Fort Wayne 98, Ohio and Missiasippi certificates 26, Cumberland 435, Quicksilver 6034, Canton 413. Afterwards, on the street, the market was. voarly steady. Gold continues dull, and the supply is nearly equal to the demand, so that loans have been made flat in some cases, A sixteenth was, however, asked by lenders. ‘The opening price was 13934, from which it advanced to 13996, and remained steady at that figure during the rest of the day. Foreign exchange is quiet, and bankers’ sterling at sixty days is quoted at 109 a %. Money is easy at five per cent on first class railway collaterals and four on governments, Commercial paper of the upper grade is taken at 634 a 9 per cent. The business at the Sub-Treasury to-day was as fol- lows :— Receipts for customs. Total receipis. Payments Balance .. Subscriptions to government loan. The stockholders of the National Bank of Virginia, at Richmond, having paid up their original subscription in full, the books have been opened at the bank for an ad- ditional subscription of one hundred and fifty thousand dollars increase capital, nearly all of which has been subscribed. The importations of dry goods at this port during the week ending July 5 compare as follows with those of the previous week :— —June B— —July 6— Consumption. Valu. i Value. Manufactur.s of wool.. 831 $291,123 $327,668 Manufactares of cotton. 462 135,481 436 110,962 Manufactures of silk.... 260 288,445 203 206,785 Manufactures of flax. 1,266 217,217 368 103,848 Misceliancous........... 728,725 135 87,406 Total.......... ss+++. 8,016 $960,091 1,991 $786,660 Withdrawals, Manufactures of wool.. 306 $125,002 354 $142,586 Manufactures of cotton. 91 26,279 155 36,492 Manufactures of silk. 14,884 47 «= 62,827 Manufactures of flax. . 82,335 210 . 60,699 Miscellaneous . 18,029 681,990 Total... 827 $314,619 834 $303,004 nal Wreret@ued. a aa wufactures of wool.... 749 $303,075 116 $370,028 Manufactur's of cotton.. 50 17,152 89 15,982 Manufactures of silk. 66 «83,318 «954 1,880 Manufactures of flax 146 0=—-:26,300 158 = 63,010 Mi as, 1% 6113 2 974 1,016 $435,018 1,037 $511,874 The gold coinage at the United States Mint, for the month of June, amounted to $400,700, all of which was in doable cagies. The silver coinage in the same time ‘was $22,800, all in half dollars. The copper coinage was divided, $24,200 in cent pieces, $15,300 in two cent pieces, and $47.850 in three cent pieces, covering in all of copper five millions one hundred and thirty thousand pieces, of the value of $87,850. The entire coinage of the month, of all kinds, amounted to $511,350, and the number of pisces to 5,196,635. ‘The Bowery National Bank is the name of a new insti- tution recently organized, which has begun business at No. 68 Bowery, corner of Canal street. The railroad ordinance of Missouri is reported to have been adopted by a majority of 18,167 at the recent con- stitutional election in that State. The oficial majority Dor the new constitution was only 1,862. The following bi the text of the ordinance:— Be it ordained by the people of the State of Missouri, in convention assembled, as follows:— Sectiox 1. There shall be levied and collected from the Pacific Railroad, the North Missovri Railroad Company dnd the St. Louls and Iron Mountain Railroad Company an annual tax of ten per contum of all their gross re- ceipts for the transportation of freight and passe {not including amount received from and taxes paid to the United “tates) from the lst of October, 1866, to the ‘Ast of October, 1468, and fifteen per centum thereafter, which tax sha]! be assessed and collected in the county of St, Louis, in the same manner as other State taxes are avsessed: collected, and shall be be mn gine the General Axsembiy to the payment of the principal end interest now due, or hereafter to become due, upon the bonds of the State, and the bonds guaranteed by the State, issued to the aforesaid railroad companies. Sxo, 2. A like tax of fifteen per cent shall be assersed and collected from the Hannibal and St. Joseph Raitroad Company and from the Platte County Railroad Company whenever default is made by said companies, or either of them, in the payment of the interest or principal of the Donds of the or the bonds guaranteca by State, issued to said companies respectively, which tax shail be assessed and collected in such man- ner as the General Assembly may by law direct, and shall be ed tor the payment of the principal and in- terest of bonds as the same may become due and ie. Pelee. 3. The tax in this ordinance specified shall be collected from each company hereinbefore named only for the payment of the principal and interest of the Donde, for the payment of which such company shall bq liable, and whenever sach bonds and interest shall have been fully paid no further tax shall be collected from such company; but, nothing shall be received by the ‘State in discharge of any amounts due upon said bonds except cash or other bonds or obligations of this State. Suc. 4. Should either of said companies refuse or noglect to pay such tax, as herein required, and the in- terest or principal of'any of said bonds'or any part thereof remains due and unpaid, the General Assembly shall provide by law for the falc of the railroad and ether property, and the franchises of the company that shall be thus In default, under the lien reserved to the land shall appropriate the proceeds of such sale te amount remaining due and unpaid iy. company. 6. Whenever the State shall become the purchaser any railroad or other property, or the franchises sold ‘as hereinbefore provided for, the General Assembly shall by law in what manner the same shali be sold lor the payment ri the indebtedness of the railroad com- in default; it no rail or other ty, or Franchises purchased by the » State, shall be! rentored to such company until it shall have first paid in money, Orin Missourt Bate bonds, or in bonds guaranteed bj ‘this Stato, all interest due from said company; and all interest accruing hal) be paid semi-aunuaily fn advance; and no sale or other disposition of any such railroad or other property. or the franchises, shall be made without reserving a lien upon all the property franchises thus sold or disposed of for ail sums rem: ments therefor shail be made in or other obligations of this Sno, 6. The General Assembly shal! provide by law for the yd of all etate indebtedness not hereinbefore provided for, and for this purpose a tax of one-quarter of ‘One per centum on all real estat» and other property and effects subjected to taxation shall be assessed and col- Jeoted, and shall be appropriated for the payment of all such indebtednors that have matured, and the sur- plus, if any, shall be set apart as@ sinking fund for the payment of the obligations of the State that may here- after become due, and for no other purpose whatsvever. Suc. 7. At the election to be held on the 6th day of June, 1965, for the purpose of ascertaining the sense of pty Tegerd to the adoption of rejection of the adopted by this Convention, the question of the adoption or rejection of thi» ordinance shall be sub- mitted to the voters of this State, who shall be qualified @s voters under the provisions of article thirteen of paid constitution, and stil take the oath in said article proscribed ; and the vote at such election shall be taken end returns thereof made atthe same time, under the name and ip the same manner as in said arti- ‘cle is provi for tho vote upon the question of the of rejection of said constitution. The election Jed for shall be by ballot. Those ballots im @avor of this ordinance shail have written or printed ‘thereon the words, “Shall the railroads pay their bonda? Wos."’ Those nan to this ordinance shall have writ. ton or printed thereupon the words, ‘ball the railroads (pay their bonds? No.” If the majority of the votes at such election shall be in favor of this ordinance, same shail be valid and have full force and effect ak @ part of the constitution of this State, whether the now adopted by this Convention be adopted o of such votes shall be against this ordin majority ‘ance, it shall have no validity or force whatsoever. Tue Governor of thie State shall by proclamation quake known the result of the election herein provided lor. Adopted, in Convention, April 10, 1965. Stock Exe! ge: Fripay, 1—10:90 A, M. OT... 114 100 bhaNYConRR.2do 96% reg. 106% 100 Brie RR 8a ‘Bl cou 106% 600 do. 821% 20 reg 104% 1000 = do. 82 Weou 106 = 100 do. 40000 US 6's 5.20con 105% 100 Erie RR...2d call 81% 120000 do. . * lou sl0 Sly 40000 do. “ 40000 US 6's5.200ni 105 200 50000 Us 5's 10.40 cou 6000 N York 7's '70. 101 1000000 T n 7 3-10, ss 5000 N Carolina 6's. 2000 a . 6 500 do 2d *. 200 Mich Central RR. 10834 se 100 do. 70000 0 & Miss cert. 25: 6000 Erie 4th mort... 93 5000 Mich Eo of bds. 97 6000 + OT 2000 Del, L. 3000 A&GWistmo d 97 26 shs Am Exch Bk 1134 20 Manhattan Bank 133 30 Ninth Nat Bank. 103 2 Bruns City L Co, 200 do....21. 136 3600 Clev & Pitts RR 713 600 Assess TUG do. do... 10 Fourth Nat Bank 100 Canton Company 1000 do. 100 Cumb Coal 10 Quicksilver 100 do 1200 200 1 100 400 100 do 100 Amer Coal Co... 87 100 Mari Co. 1a” 100 . pega ee 13% 100 Chi, Bur&QuinRR 110 225 Atlantic MSSCo156 300 Pit, FLW&ChIRR 97 200 = do....830 155 800” di 97 700 do 165% ‘200 100 do 156 RR 97 900 N ¥ Cen 400 do, 96% 96% 96% 100 do......830 9754 100 Chic & Aiton’ RR 95 ‘16 Chi & Alton pref. 100 400 a 300 do. CITY COMMERCIAL REPORT. Farvar, July 7—6 P. M. Asuns.—Receipts 42 packages. The market remained quiet, and prices were nominally unchanged. Bruyapeturrs.—Receipts—10,877 bbis. flour, 657 bbls. and 973 bags corn meal, 52,243 bushels wheat, 38,240 do. corn, and 104,162 do. oata, The flour market was firmer under an active demand, partly for export, and’ prices advanced 10c. a 20c.. per bbl. The sales were about 20,000 bbis,—the market closing buoyant at our quota- tions, Canada flour was also active, and prices were higher. The sales were 450 bbis. Rye flour was quiet. Southern flour was in fair demand, and fall prices were obtained. Tho sales were 175 bbls, Corn meal was quiet; we note sales of about 240 bbls. We quote:— ‘Superfine Stato and Western flour. Extra State. Choice State, Common to medium extra Western, Extra round hoop Ohio. Western trado brands. .. Common Southern. Fancy extra do, . Common Canadian. Good to choice and extra, Rye flour (supertine). Corn meal, Jersey. Corn meal, Brandywine Corn meal, Brandywine, puncheons...... —The wheat market opened quiet but closed buoyant, at ‘an advance of 2c. a3c., under # good demand, mainly for export, The sales wore 98,400 bushels, at $1 70 for white Canada; $1 50 a $1 55 for amber Michigan; $1 31 a $1 32 for amber Milwaukee; $1 270 $1 30 for Mil- waukee club; $1 26a $1 30 for Chicago Spring; $1 30 @ $1 45 for winter red Western. Corn was also more active, and prices were about lc. higher, closing frm atthe advance. The sales were 95,000 bushels, at 73c. a ‘78. for unsound, 79c. a Sle. for sound mixed Western, and ey a ~~ for neem Trt jerry was fairly Po mainly for shipment lea were pretty heavy, comprising 40,000 bushels at 78c. a 85c., and rumored transactions at 88c. a 90c. Barley and malt remained juiet, and prices were nominally unchanged. Oats were q Il, heavy, and 2c. lower, with sales at 68¢. for ‘estern. ” enosetasaacan SRSSSSASSSoSR BASSRISSASSRSS oacoestaeaaact 8 8 8 s Corron.—The market was active and prices had an up- ward tendency. There was some considerable inquiry for shipment, and a good were lative demand. wut 4,000 bales, We quote:— The gales 36 6 49 50 60 62 63 ot Corver was in active demand and fully 3¢c. higher, on with sales of 10,600 bags Rio, part at 193¢c. and part private terms. ¥axiants were more active but at lower rates. The offerings of grain were pretty heavy and the ments were fair, besides which there were some three grain and flour charters to the United Kit The ey ey were:—-To Liverpool, 40,000 wheat at 43¢d. @ 5d., 20,000 do. corn 4d. a 43¢d. cotton 3¢d. Per steamer, 1,600 oh London, 400 tons lineeed cake at 17s. 64. a $s 2 0080 at To at 4c. ; The charters were a brig to Glasgow—' ne to Bristol Channel, és, 4144. jigd. ; a bark, same yoy: Roads for ord ‘a Beary when, tn atiphe bean, pe, bushel 040; coe, bulk and bags, 6d. Glasgow—Flour, per bbi., 28. a at, per bushe 1 Ot corn, ‘bulk and bags troleum, per heat per ton, ‘ Bes beet! por toes dat pork, por Dol? ng nm change; sales are making right aleng at O5e. . Hipes were steady and in moderate demand at the advance previously noticed. The sales were 15,000 Buenos A\ p44 173¢c. a 18¢; 7,500 Montevideo, part at 17¢. ; 3, Orinoco, 1c. a 16c., gold; 1,000 city slaughter, ,6,000 Bogota, 3,000 dry Western, ‘op private terms. Honey was quiet. We quote prime Cube at 66c., gold, in bond, and $1 20 currency, duty Hors were in moderate demand, mainly for home comsumption. We note sules of about 150 bales at 10c. a 30c. Inox. —The ket was quiet but steady. We quote common English at $90 a $1 ton, refined at $100 @ $110, refined rods at $105 a $180, horse shoe at $140, band at $130, spring tire and toe cork steel at $140 a $200. Ixpigo.—The market was firm, but prices were without noticeable change. Lsatm The market was quiet, but prices were without quotable change Motasexs was quiet and nominally the same. We learn of no sales. Navas Stones.—The market was inactive, but very firm, with sales of small lots spirits turpentine at $1 42 3 $1 45, crude $8 50a $9. We note sales of 400 bbis. rosin; common to low No. 1at $6 » $1060, Wequote white do. at $16, Newbern tar $6 25, and do. in provision bbls. $6. Ons were quiet, and though without decided change, prices favored ths soller. We quote raw linseed at $1 20 & $1 23, and boiled do. at $126 a $129. Also 1,000 gal- lons saponified oil, part at 80c. Prove-1ons. —Receipts 646 bbis pork, 207 pkgs cut meats. The pork market was irregular. The et opened dull and heavy at a decline of 5c. a. 75c. from yesterday's rices. e market subsequently became more active, owever, and the decline was w! recovered, mar- ket closing firm at about yeaterday’s prices The eales were 8,500 bbls. cash and regular, at $26 50 » $26 623, for new Ley Te a $24 for old, $18 25 a 18 7 for prime, and $20 a 20 60 for prime mess; also 2,800 bbia, new mess, July, at $26 a $26 75, sellers’ and buyors’ Beef was without change. The saics were 800 bbis., at $10 $14 fer plain mess, and $128 $16 for extra mess. hams were quiet.” Bacon was inactive and nominally the same, Cut meats wore steady, and in ac- tive demand, We note eales of 230 pig. al 120. a 14c. for shoulders, and 18¢. a 21c. for hams. lard market ‘was firm and active, with sales of 2,500 bbis. at 1éc. a 20c. Butter was dull. We quote Ohio at 20c. a 27c., and State at 27c. a 35e, Cheese was very quict, at 10¢. a 1530. for common to prime. Prrronwem.—The market was dull and heavy at 33 }¢o. for crude, 623,¢. a 680. for refined, in bond, and Tle. @ ‘2c. for free. The sales were only about 1,800 bbls, Rice was in moderate request, but prices of all kinds were nominally the same. We note sales of 660 bags Rangoon on private terms. ‘Spices were quiet, and jces were nominally un- changed. We note sales of 3,000 mats Cassia on private terms. Svaar,—Tho market continued firm, and prices were a fraction higher under an increased demand. We note sales of 2,606 bhds. Caba, including retnery and grocery oy at from 11340, # 160., and 8,000 boxes Havana at rine. & 18%4¢. Refied was scarce, and firm. The refined are mostly sold ahead. We quote:—Stuart’s loaf, 19%o. ; oruehed, 19jg¢.; ground, 193¢.; white, 18a 5 llow, 17440. .t.—The market was steady and firm. We note sales of 2,200 sacks Liverpool ground at $1, and 6,000 bushels Curacon at 53c. Sreanine was firm. We note sales of 40,000 Ibs.—part . #18340, Grease was in moderate demand. We note sales of 45,000 Ibs. at 103¢c. a 1c, 'TatLow was steady, with sales of 185,000 Ibs. at 10}. a llke. Teasoc0.—The market was quiet, but steady, with small sales at from 6c. a 28c, for inferior to prime, and about 400 hhda. low grade at 60., gold. Tra.—The market was steady. We note sales of 3,000 packages greens and uncolored Japan on private terms. Woot.—There has been more activity in the market this week; the hi; asked by farmers in the coun- try have turned many consumers and dealers that would have purchased largely the result of which has beon an improved demand In tho Atlantic cities. Hold- era are Armer in consequence, and in domestic wool slight advance has been had. The sales,reported 250,000 Iba. State and Western fleeces at & 70c. 715,000. Ibs, pulled super and extra at 60c. a 65c., 26,006 Hy 800. a 8Te. o eee hag a — , bales Cape, at 260, & 26550., gO! ut mostly, on private termay $50 bales, Mostizn, at, 266. « 3e., cUr- rency; a cargo of Valparaiso ‘to arrive, price not mentioned, and 1,000 Australia on the spot, private rms. Wrrsker.—The market was dull and prices were ‘ower. ‘We note sales of 260 bbls, Western at $2 06. NEW YORK HERALD, SATURDAY, JULY 8, 1865. FAMILY MARKET REVIEW. Th» market has experienced very little change since last wok. ts of all descriptions are very high, and d ulers seo inclined to the opinion that i will expert- ence no decline this season. ‘ Butchors have to pay as muck as per tb, for superior cattle, while inferior animals readily bring Ie, a Te. per Tb, The following wore the quotations in the market yesterday ;— Beef, good roasting pieces, 26¢, a 30c, per Ib. ; best porter house steaks, 300. a 350, Mutton, 20c. a 250. Veal, best, 25c. Hams, 250. Smoked bacon, 23c. ; hy 4 lish 28c. Tongues, smoked and pickled, ‘$1 -aplece, aplons, 2s. par We, Corned pork, 20c. per Ib. ; fresh pork, 180. per lb. Cho.ce Orange county but- ter, 350 per Ib.’; fine State dairy from 280, 320, per Ib. bs from ue Lo a plied ties e market is well suj with fresh ve but the prices are very high. ‘Caniiiiowere are from 12c. a 60c., according to size and quality; a, oe Raye opie Dae et on cage the hal? Boe b B50. tho halt Brg Ag & 100. @ ead; bests, 7c. a bunch; carrots, 4c.; turnips, 86. ; i ae A Curious Phase of Metropolitan Tea Tl sand Children Lost Annuelly in the Streets of Now York—Collection, Treatment and Disposition of the Lit- tle Wanderers—Practical Hints to Pa- tan life is the number of children lost annually in the streets of thecity. One of the best and most humane regulations of the Metropolitan Police Department is that relating to the manner’ of finding these little wan- derers and yestoring them to their parents and guardians, or otherwise providing for them. One can hardly realize that upwards of ten thousand little ones, varying from one to ten years of age, could stray from their homes in the course of a year, and yet the last official report of the Police Commissioners, as quoted a day or two since in this paper, shows this to have been the fact. The mode of gathering these stray waifs upon the sea of metropolitan life and restoring them again to home and friends is exceedingly interest- ing, and cannot fail to claim the atvontion of parents and custodians of children. The old plan of sending out criers, whose ominous bell com- manded attention at tho street corners, and whose leathern lungs proclaimed the unwelcome ees} lost, child lost,’” has become obsolete. The general public are no more reminded of the afflictions of its individual fellows in this particular direction, and in this particular way, and yet ten times the 1 :mber of children are lost in these days and none are aware of the fact save those directly interested. According to tho report of the Police Commissione! the number of children lost during the year past, an taken peer the police, was ten thousand and forty. Of these 6,281 were males and 3,759 females, 6,563 of the number were claimed by parents and jans at the station houses, 3,477 were bronght to the Central No. 300 Mul street; 8,266 were there claimed, the remaining 211 wero sent tothe Commissioners of Charities and Correction, there appearing no claimants for them. ‘The causes that lead so many juveniles to wander from homo are traceable in a large degree to military and civic rooeeslons, oF other oveasions where bands of vale ‘are In requisition, an wh iernigr ap. bm inde: who add the irresistible charms of a monkey to thelr other fascinations. The little ones, like many chiidren ofa ss growth, are charmed by the glitter of lace and the bright uniforms of the soldiers, as well as the noise of the drums and the mvsic of the band, and the; sary eo cary Ke ped ae tee bow until me are bewildered an can only betray their troubl in gobs and tears. are a regulation, w' mn greatly upon, and issued an order directing that all ‘eniidren. found in the streets and not claimed at the station houses previous to sunset of each day, should be sent to tho Central office any Ume after sunset and before midnight. By this ar- rangement the anxious seekers after their lost darlings can eee at a glance all the children together who have At the Central office ing open eyes of all parties curious bo to inspect the admirable system of restoring lost 2. The major part of these little wanderers are children of poor The father goes to his daily toil in the morning, and the mother finds employment at washing or house-cleaning in localities remote from home, The children are turned into the streets with the admonit nightfall, and ifon their return the Ii » rush frantically to the Central g their children are not simpie strays and runaway that they have been stolea. This word “stolen” seems to be every mother’s bugbear, for almost every one su) herchild must have been stolee away for some undefinable purpose, which neitber she nor any one else can satisfactorily determine. As means of re- ‘assuring mothers on this point, it may not be out of place to state that in the course of seven years there was but one case of child stealing reported, and that out of not Jess than 45,000 foundlings taken ‘up during that time. It frequent); veg ta however, that children belonging to the wealthier classes are decoyed away into by-places and stripped of their fine Cote] for which some cheap frock is substituted and the child turned into the streets after nightfall, or, possibly, not until the next day, but even these cases are exceedingly rare, and very few such are ed. Every mother supposes, too, when she finds her lost one bas not been brought to the Central office, that the operator on duty should telegraph to all the police precincts, of which there are now upwards of fifty, and inquire if a child answering the particular description of theirs has been found. For the quiet and peace of mind of such it may bo well to state that, as soon as astray child is brought to any station house, it is the duty of the sergeant or other offl- cer in command to telegraph at onc® to headquarters @ complete deacription of the child, ite dress and ite name and age, if these can be ascertained. As there isa very stringent order upon this point, and it would be an un- pardonable breach of discipline ‘not to obey it, it is easy to see that there is no occasion for the operator to tele- yh the stations. Should the child not be at the Cen- office and no notice of it there, the inquiring i may reat assured it has not yet been taken up by the police. As a means of aiding in a more direct manner the ex- ertions of the department in restoring lost children to their parents, the names and every child should be distinctly marked upon some portion of its un- derclothing. It is not a little singular that minute de- scriptions of the dresses of fifty children coming from a similar class will read so nearly alike that a mother would hardly be able, after reading them all, to tell which belon; to her cular child, a de- scription of color of and eyes or peculiar shape of the features has beeh found still less a correct of ras the child's he wisdom of that a ings these little waifs all in one place, wi the quick eye of the mother may glance at them all and claim her own at once if it be there. ‘The average number of children taken up daily by the police is twenty-seven; but in some of the warm days in summer, and especially on boll the doubled, trebled, and even quadrup! The steps lead. ing to the main entrance of the Central office are crowded nightly in the warm season by mothers and fathers anz- fously waiting for their little ones to be Wor in, and though they not unfrequently sit until midnight,’ and grow weary with watch! and finally fall asleep on the granite en 78 they feel themselves more than repaid at the shout of the familiar yoice of the child recogni ing its mother, and they trudge homeward, clasping the dear one to their breasts, and inwardly thankful for this excellent police reguiation which brings the seeker and the sought for so Cry ty oye and which oer ally commends itself to sense and intelligence of all who are interested in the welfare of children. TO THE EDITOR OF THE HERALD. New Youx, July 6, 1866. This question being immensely agitated at the present day, please submit the following to your readers, should your judgment deem it worthy of publication. We would have but one qualification, and this to apply equally to all citizens, of whatever race or color; also in every State in the Union. It is simply this:—Tbat overy male citizen be required, in some spoken and written language, to be able to read and write. Though this may press with a seeming severity on many of the unlettered veterans of this geno and debar many worthy and noble men from the pi right of auffrage, yet there 1s no doubt in our mind but that it would have a tend- national intellect, both in the next enerations. Where is the parent but ve his son @ “qualified voter” if this qualification? And where is the feel that this amou knowledge must be attained to make hima man. Also, many adults of the rresent day, not hitherto possessing these qualifications, would, ff of any enter- prise, devote his hours now given to listiessness to ob- taining this amount of useful knowledge. Also to the freedmeon of the South and whites of the late ro- volted States, as well as the ‘floatwood’’ of the North, it would present a stimulus hitherto unfelt for what is at once 60 important and desirable, Then for the noxt, and all generations to come, might we riot hope that all ‘America’s noble ona, white and black, North and South, would be possessed of an amount of intelligence no other nation of the globe can boast of, and which even we hava nat before known? COTTON AT THE SOUTH. ATrip Through the Cotton Re- gion of South Carolina. The Crop Can Only be Brought to Mar- ket by the Aid of Northern Capital. Tho Planters Holding on to Their Cotton Under the Belief that Another Crop Cannot be Baised Under the New System of Labor. ‘Specie Demanded for All Cotton Sold, Kee, ke, ke Our Charlestom Correspondence. Cuanzesron, June 30, 1865. The problem of bringing the present stock of cotton to market and of establishing a new and successful system ‘of cotton culture by tree labor is, with us, the great ques- tion of the day. Though the city seems lively enough, though the lately,deserted wharves already present a fair array of shipping, while everywhere on the business streets one meets the quick step and keen glance of the universal Yankee, yet the merchants complain, and with good reason, that these are the dullest times they have ever known. Money is incredibly acarce, and it seems to be a rule adopted by the people generally—doubtloss rather from necessity than cholce—to buy nothing that they can possibly do without, But through the present gloom everybody looks for better times. Everybody feels that when the great masses of cotton, now stored in small lots throughout the interior, begin to roll seaward money must become more abundant and financial relief engue. But when are we to expect that wished-for con- summation? 4 TRIP THROUGH THE COTTON REGION. Your correspondent has just returned from a flying trip through the most productive cotton districts of this State, in the course of which he was enabled to gather some interesting information in regard to the prospects of the cotton trade. In spite of the heavy losses result- ing from fire, waste, and other causes, the stock of cotton atill remaining in the hands of the planters is very large, much exceeding, I am convinced, any estimate that I have thus far heard placed upon it, In very many in- stances the cotton 1s still in the seed, ¢. ¢,, unginned; and wherover it has been ginned and baled, I found the bales in very bad order for transportation or shipment. The reason is obvious, During the war it was utterly impos- sible to obtain bagging and rope at any price, and the use of inferior substitutes, wholly unfit to preserve the cotton in goed condition, became a oom The bales, too, have generally been stored so long in the gin-houses, which offer but very inadequate protection from the ——— “yoy they — grown a ip pth pig con- sideration of great importance, in view of its, effect upon the weight of the bales, 6 THR PROPLE HOLDING ON TO THEIR CROPS. Yet with all thes: disadvantages, the planters entertain a full appreciation of the value of the sta- ple in their hens oe) as id arte rule, are in no hurry to part with it. ye need of ready money, though cer- tainly felt to some extent, does not act upon them with the force which most poople at the North supposed it would posa2ss. The war and the blockade have had a wonderful influence im teaching the planters and their fam lies to forego luxuries and to live within themselvcs. Rather than can considerable percentage on their cotton by a hasty sale, they have no hositation in con- tinuing a while longer to clothe themscives in the coarse fabrics woven on their own plantations, and to use, in- cotton at present is the doubt that prevails universally among thom whether another full cotton can ever be rais:d, now that negro slavery is a thing of the past. Should their apprehensions in this respect well founded, th aay = agg thoy may must yield them fabulous prices. Therefore many of them hage resolved not to gell until the problem of free black labor is fully solved. SPECIE al Sty tn Tre stay pats om Bat al tig Lang ar peraey Sse atthe Led the premium on gold in the Charleston mar- ly twenty-five per cent. There can be little doubt that the great advantage to which specie can be used im the jons of the cotton buyers will speedily ‘a new demand for gold, and one of 0 extensive a aracter as to materially affect the price of the commo- dity in Wall street. THE TITLE TO THR PURCHABABLR COTTON QUESTIONABLE. The cotton that the travelling agents have so far suc- ceeded in buying consists chi of lots the ownership of which was nota matter altogether question. During the twelve months immedigtely preceding the collapse of the rebellion the Kichmond government man- aged to buy very large quantiti:s of cotton in all the ‘States stil) within its milit control, but more im Fouth Carolina and The cotton thus bought was left on the plantation subject to the order of the rebel Department. In some it was paid for in notes of the Memminger currency, but the course more generally taken was to give the planter a certificate of the debt due him, to be cashed hereafter. When Grant and Sherman struck their tremendous blows and the Davis government suddenly ceased to exist, its cotton purchases still lay quietly reposing in the gin houses of those from whom it had been bought. It was this cotson that the agents have found least diMicults into their hands. The planters feit that th own right to as questionable, was at least better "s, since they had received no valu- able consideration in the gale which had taken plac»; et, conscious that their own interest in the cotton bad Cele formally din of, and apprehensive that the United States military authorities might at any time pounce upon it as part of the captared assets of the rebel government, they were willing and anxious to find @ pus who would remove it from their premises at once. Meanwhile they clung with greater tenacity than ever to such of thelr cotton as they had never THE REPAIRS ON THE RAILROADS centage which formerly fell to the share of her chants, in fingering the cotton of the State, whi through their hands, Nearly the whole of the fold from tho western section of the Stato bas been wagoned to the Savannah river, been transported in flatboats, carrying from sixty Posy Ae PP ita, whence it will be shipped North by way of Savannah, I learn from engaged in the work that it will be two months hence before rai..2ad communication will be il around trees or oh El ewitteat eee nee = sas wit tll o bo borrowed of Northern capliaine LARGR COTTON ‘RUNNERS HOLDERS. rgest holders of Southern cotton just now, if truly, is the great Bnglish bi ran- ning firm of Collie & Uo, operations during the wore of a most extensive churactor, and their rofita, of course, enormous. I hear that they now in Georgia, no less than twenty thousand The removal by President Johnson of the tax of twenty- five per cent on cotton has given great and general faction here, as it directly or indirectly benetits all classes. Of course it will enable the cotton buyers to put their offers at a much more tempting figure, Inraran Heat at Cincrnnan—Farat Casas or Sox- srrokm.—The morning of the Fourth witnessed plete chang” in the weather. Up to that time we had enjoyed several days of delightfully cool tem ure ; but true to the inflexible rule of “‘not Fourth,” the mosphere in upon us with an intense, suffocati me #0 that at noon time on Tu most touched one hundred in the shi this terrible heat, which was relieved by scarcely a breath of air, was very unfortunate upon many of the hundreds of thousands who were exposed to the sun in the atreets upon the Fourth. that there were at least a hundred persons to the ground during the day by sunstroke. In’the Eighth street park alone twenty-five persons were lying. on the ground at one time, in a senseless condition, Nearly the di stores in the town were called upon to care for the suf- ferers from the heat. Happily but two or three cases ps al uch a nature as to give indications of @ fatal result, ¥ however, there were two or three more canevor 0 foil cenrsoter, One of the unfortunates was ‘a stranger, from Indianapolis, whose namo is unknown. He was standing at the corner of Fourth and Raco streets watching the procession, when he was observed to fall to the nd. immediately into Walker & Brake’s drug store, wh despite all efforts to revive him, he iminediately died, Deceased was about sixty years of age, probably, At about soon of yesterday, a Btranger, from Maysville, was fatally sun-struck on Front street, near Plum. Another case happened on Sixth street, and still another on Wade street, both of which fatal, —Cincinnati Commercial, July 6, Bae MANIFESTO OF GEORGE WN. SANDERS. Explains His Action to Da laine tity the Mespometbilicy of tem| the Canada Plots on Jake Sanders for Political Action, ing Disclosures, dic. 1, 1008, Dava:. ‘Mx Daag Sm—Encouraged by your approval of wy suggestion since to visit Canada to form Tale with the forthera dem , 1 returned here ob i lemocracy, the 1st of June last, with my son Lewis, to place in communication you; first what al- and whether a ad. ‘with the Washinton gov- that Northern not be induced to rise eines ts eee ro Aycan plate byron from that would have power i i Ff ty Hil sate Ha 3 a de: thought McClellan's nomination as By their unwarranted confidence ans pert apse seduced our friends at Chicago; and resolutions meaning nothing, pleasing no one, they nominated Gen- eral McClellan, who gave the finishing blow to any poasi- ble success by his arrogant, war spitting of accept- an go Convention tht have brought forward, the South proclaiming its sat yn, would have the suc- ceas of the ticket. The McClellan org: however, seemed to vie with those of Lincoln in exhibiting to the public any hostility that the Confederates might express ‘against either of thoir respective favorites; and they were equally afraid to periect any sesvtlement with the confederacy. Ina letter to Governor Horatio Seymour and the Hon. Benjamin Wood, immediately after the ap- pearance of McClelian’s letter of soceptance, T endeavor- ed, in vain, to move General McClellan’ and his ad- visers from their disastrous position. I demonstrated ‘that if they would come to an understanding with us, similar to that now entored into with Govornor Walker, they could carry the whole country. I told them plainly that if they continued to cry out for a moro vigorous prosecution of the war, when the whole affair could be settled in a day, they would not, and ought not, to carry a single State. At my earnest request the Hon. R. J. Walker came to ‘Montreal in January last, and is still here, but leaves to- morrow for Washington. You will see by the enclosed letter of mine, to the leading men of the North, what ho proposes to do, I am convinced that his gratitude and love for the people of Mississippi, bis old constituents, hold him still, and that ho is willing, regardless of all personal conse- quences to himself, to risk everything in the effort to re- store the Union upon such guarantees for the rights of the South, and of all.the as would, in bis opinion, be permanent and elfoctual. He scouts the idea of hu- miliating or subjugating the South; ho boasts of their un- equalled courage and endurance ; and insistefthat there is By suctifice, except honor, to which the Nerth ought not to agree, that would re-establish a cordial and fraternal Union. I think his plan the only one promising any. socreees I. is beliove that Lincoln government wil accede to views. But if they sh not, and the South should indicate their wal, the party in its favor would sweep the North in the elections this year. These aro Mr. Walker’s opinions, and after a full ong free conference I am certa.n that he ison the true only line of American adjustment, except by long and successful fighting on our . bd had * General Breckinridge, of your Cabinet knows me ‘tho ; and as I Lave been most of the time in active opposition to him, he will be able to give a fair estimate of what value may attach to my opinion. Of your con- —_ ad) er gtr has une ee oe wenty years, up to intimately, After until the end of the old government, I was an active. determined reonal than litical, mmes; and G. W. Sm&h were more or less ft litical operations under the old order of my referring to these gentlemen; but I feel that you have not the intimate knowledge of my actions and asso- ‘ernment to lead you to a cor. rect estimate of my ns DOW. ‘If Mesars. Clay or Holcomb should be with you, I am sure that they will concur entirely with my view of last summer’s proceed.ngs, and will advise you to see Mr. W. In answer to Secretary Seward’s speech at Auburn, last autumn, attacking me for my interternnce in federal al pol- itics, I suid to him that, in the event of Lincoln’s defeat, you would at once treat with him upon the largest Ameri- can basis; and I have been told that th much. And although Lincoln’s re-election has made ne- fe with him more difficult, yet it will be impossi- je for him to long resist any le plan of recon- the highest regard, T rag emt d, ty e am, your frien bE. N. SANDERS. Police Intelligence. ALLEGED THEFT OF A WATCH AND CHAIN. A fow days since William 8. Kreps, living at 226 West Twenty-fourth street, went out riding in the Park with an acquaintance named John H. McKibbin. During thelr absence McKibbin, it is alleged, obtaincd pos- session of Mr. Kreps’ gold watch and chain, valued at $225, and on returning Kreps ent.red @ store in the Bowery to make a purchase, leaving his companion, McKibbin, in the carriage, fronting the store, where he proposed remaining till Mr, Kreps finished his business and joined him. Instead of 30 however, Me- Kibbin disappeared, taking the chain belong- ing to his com him. When Mr. Kreps next ion saw McKibbin he asked him to restore the time piece and chain, buthe refused to dogo. Officer Koonan, of the Sixteenth precinct, sul juently arrested McKibbin at the Dupont House, Hudson street, and Justice committed him for examination. The accused, who is well educated, and a man of good address and gentoo! bc ompgend stoutly denies the charge preferred against 4 SALOON KREPER CHARGED WITH THEFT. Georgians Mackey, ® young woman living at No. 119 Mercer street, appeared before Justice Dodge and lodged acomplaint against John Lindower, twenty-three years of age, keeping @ saloon in Grand street. The com- plainant states that she went to the prisoner's place for supper, when Lindower induced her to accompany him to a place kept by Mr. Wolf, No. 102 Grand street. While in that place Georgiana charges that Lindower felo- niously to his own use her gold watch and chain, os $100, Oe Be vamaeheh 38 aati oF e eame, but Lindower refused 8 ee nak mean ena hones ertenene Grady, of the Righth precinct, and had him arrested. The prisoner don! knowledge of the missing pro- y, but on searching himfthe watch and chain were Round in bia In explanation Lindower then stated that the complainant liad ordered four bottles of chain as meilsteral cogently, or tho paysicet ome bi Lindower, however, bed cna. byes the dia- mommitved the socused (oF trial in default of bail. CHARGE OF RECRIVING STOLEN GOODS. Detectives Coyle and Tiemann yesterday arrested Ber- nard Sprinze, a merchant doing business at 437 Grand street, on the charge of having feloniously received eight hundred dollars worth of goods, which were stolen from the store of Messrs. Jobn Pullman & Co,, 321 Broadway, on the 1st inst. Soon after the theft the goods were taken to No. 2 Rivington ed in Sakae teres Sees pes na 10 ve inse wi ROBBERY IN HOBOKEN—STOLEN PROPERTY BROUGHT TO NEW YORE. On Thursday night the room of John Steffens, No. 27 First street, Hoboken, N. J., was entered and robbed of a silver watch worth twenty-five dollars, and twenty- five dollars in money, with which the thieves fled to this city. Officer Darke, of the Tenth precinct, arrested Charles Miller and Theodore Gabels in the Bowery, near Canal street, and in Miller's possession the Pace geen nen the room of Mr. Steffens was found, il seventeen dollars in money, which resembles @ portion of that sto- chain, stolen from Steffons, ye prisoners were taken before Justice Shandiey and committed for exam- THE STOVER OASH AGAIN. At ton o’clobk yesterday morning the examination in the case of Henry D. Stover against Daniel M. Porter ‘was resumed before Justice Dodge, at the Jefterson Mar- ket Police Court. The defendant’s counsel cross-exam- ined Mr. Stover at great length, but without shaking his testimony in my it particular. Mr. Stover was sanguine tat the, nccused, Took advantage of is tmpri if Fort Latuyettey van 18 isonment ih For vy ‘oweming’ to have. such influence with the ary Department as would enable him to procure his release for cash and lssory notes to the amount of twenty. five thou dollars, Thefurther hearing of the case was till next Tuesday morning. at tan o’clank. Yesterday another meeting of the laborers and uct. The meoting then adjourned till this afternoon at three o’elook © The German Societies. THE NORTH AMERICAN TURNER UNION. ‘The Turner organizations in this country, who, set long since, at a convention in Washington, organised the North American Turner Union, have selected twe Gorman newspapors—one in the East and the other tm the West—as their organs, to publish the proceedings of the Turners. whose officers constitute the head of the North Ameri- can Turner Union, com} of the following men;—S. Spitzer, First 5 F. Fau Speaker; Louis Schneider, First Sohrifswart; feintz, Corr. Sohrifswart; H. Merz, Saockelwart (Treas urer); H. Metzner, W. Heseler, C. Stier and A. Irmi- sober, Commissioners. On the 26th of April the first session was held, the painful duty devolved upon the Turners to adops resolutions, in behalf of the American Turners, tn boner of our murdered Prosident, Abraham Lincoln, where- upon the reports of the delegates of tho ibmitted, and the platform and statutes di ¢ Baltimore tpi hyo to deliver the property of the Union, ands i jution was passed that tho contributions of the Turner associations tor the tropaury of the Union shall'be coliected every six months from the Ist of April. Messrs, Motzner and Heseler were appointed to prepare ‘The prop: acollection of Turner and cll a books} five hundred twenty-seven. thousand two hundred and seg- Turner im dra Sity-seven drawings of five copies to join the Baltimore district organization. ye thousead “Turn passes” were forwarded to te various Turner Associations. From the Turner een eS ae cation was received # now Turn Hal has been erected there, which is to be dedicated this summer. The Turners of New Ulm have THE SAENGERBUND. This body, which represents various Gcrman societies, and about five hundred singers, has prepared a patriots ~ at that, arranging these actully cultivating the idea of national ap ee dom in the German father During past four singers, some of whom are now a have t bravel; the rebellion, an 4 ives in the cultivation of musie Southern Ra: [From the Richmond Whig, July 6.} THE VIRGINIA AND TENNESSEE RAILROAD. We learn tht the trains run from op Tennessee wo tar ae Big Tae canon tibet oe of Salem, in Roanoke county. The over along road the line of the aR APUANTA Bese rt: Only five miles of-the rail u ne ee eed eel ae he workmen are ‘The meoting was enthusiastic and = spitit of determi © | ifested. j i

Other pages from this issue: