The New York Herald Newspaper, December 4, 1865, Page 2

FINANCIAL AND COMMERCIAL. Bonnar, Dec. 3, 1805. The stock marxes was viriable last woek, being dull and somewhat deprossed turing the early part, after- wards strong, with increasd activity, and at the close heavy, but stubborn in yrlding. These vanutions re- flected to a great extent the mutations of current opin- ton with respect to the fortacoming Presidential message and the roport of the Secrelary of the Treasury, and their tmmediate influence upon prices. In the first place there ‘was a disposition shown tc discount a fall, anda “short” interest was created accordingly ;fin the second there was & partial revulsion of feeling and some anxiety to cover “shorts” among the bears, and a buoyant fecl- ing among the bulls; whilo in the third the market experienced renewed depression under the sales to realize by weak holders, which are always common on Saturday, assisted by others made in anteipation that the President’s references to Mexico and the Monroe doctrine, as also the contraction argu- ments of Mr. MeCulloch, will exert a transient influence in lowering quotations. The decline produced by these sales and apprehensions was, however, slight, the difference between the prices of the leading speculative stocks on Friday morning and Saturday at half-past three P. M. respectively being 349134, the extreme decline being im Fort Wayne. Mariposa preferred showed an advance of 3% a%, supposed to be under the operations of a clique; but the common stock, in which there is evident- ly no combination, was flower. Tho New York lines were tho drmest on the railway list. At the petroleum and mining boards business was active, with an improved exhibition of speculative feel- ing. The developments of late in the oil regions of Ken- tucky are attracting some attention to mining properties in that section of the country, which, in the opinion of experts, is likely to prove very productive of petroleum. Lubricating oil is reported to bo found in considerable quantities at shallow depths, and several companies are already at work there, tho stock of one of which has already found its way into this market, and will probably 800n be followed by others. The inducements for the public to invest in thom are not, however, very strong, unless it can be shown that they are not mere specu- lations to enrich their promoters, like the great majority of such companies, the officers of which, in organizing, appropriated the subscription money in the manner which best suited themselves, leaving little or nothing for working capital. There was also some inquiry for Colorado gold stocks, owing to favorable reports from the Bates & Baxter, Consolidated Gregory and Gunnell Mines. The new de- sulpherizing process which is in course of adoption will, it is expected, largely increase the productivencss while it diminishes the cost of mining. English capitalists, it is said are buying properties with the view of organiz- ing them into companies for the London market. But for all this gold stocks may prove anything but mines of gold to those who hold them. ‘The gold market was firm and closed at 148% a %, against 147}{—the lowest price touched on Monday. The government sold coin freely during the week in order to get currency for it, and 60 pro- vide for the redemption of the flve per cent notes, on account of which about eight millions was dis- bursed at the Sub-Treasury on the Ist and 2d inst. Seven per cent was generally paid to have gold carried, ‘The demand for customs dutios aggr’gated for the week $2,174,014, and for exports only $95,974. The amount of gold certificates issued at the Sub-Treasury, repre- senting for the most part recent sales by the governmont, was $11,798,700 at throe P. M. yesterday. Foreign exchange closed firm at 1093 for bankers’ bills at sixty days on England. Thore is a scarcity of Southern bankers’ and commercial bills, the * former being due to a disposition at Now Orleans and other ports to hold back cotton. The receipts in this market from tle Atlantic ports and the West by railway for the woek wero large, aggregating from all sources about twenty-five thousand bales, Tho exports were, however, light, amounting for the weok ending on the 30th ult. to 7,249 bales. This is a large falling off when we consider that the clearances for the four weeks ending on the 20th November exceeded a hundred and twenty thousand bales, representing foreign exchange to the extent of nearly four millions of pounds sterling. ‘Tho money market closed easy at 7 per cent, with ex- ceptions at 6, and the further disbursements of currency in redemption of the five per cent notes will increase the supply of capital available at call, and contribute to firmness and activity on tho Stock Ex- ehange. To-morrow’s market is, however, likely to be unsettled, owing to the suspense attending the message ‘and the Treasury report. Thero will be a strong disposi- tion on the part of the majority to defer operations till the effect of those State papers is ascertained ; but afew, bolder than the rest, will buy and sell “short,” according to their respective opinions. Thosc, however, who look for a considerable or prolonged decline are likely to be disappointed, and, afterthe Treasury report has been read and canvassed, there ts every prospect of an active and improving stock macket. Mr. McCulloch will argue in favor of contraction and ask for unlimited powers; but he will also, of necessity, endorse the recommendation for more national bank currency. He will per- haps point out the effect of a tight money market in curtailing speculation and reducing foreign importations by lessening the demand for foreign goods; but we all know that a tight money market would at the same embarrass tho Treasury, and @ decline of importations would involve a depression of 4rade and reduced receipts for customs duties. The theorizing portion of the report will in all likelihood be strongly on the ‘‘bear’’ side, to use Wall street phrase- ology ; but the stern logic of facta is entirely on the side of the “bulla, and these facts speak for themselves. With twelve hundred millions of maturing obligations to be met in currency during the next three years, the ‘Treasury will find it difficult to do more than counteract the effect of fresh issues of national bank notes during that. time.. We, -however, alike with him, arc anxious (or a return to specie payments as soon as possible; but we are of opjnion that a policy of contraction persevered in under the present exceptional circumstances would be Prematuro and disastrous, and only defer the day of re- sumption—and probably noe are better aware of this than Mr. McCulloch himself. ‘The Centra! Pacific Railroad State aid bonds are offered in this market. They bear interest at the rate of seven por cent in gold, payable semi-annually by the State of California. But one national bank was authorized during the past week under the national bankiig system, as follows:— National ik of a Ga 000 es moran Augusta, Augusta, Per) pad ‘The whole number of banks now authorised ts 1,613, with a capital Of. 00... +++» -$406,600,403 Amount of circulation issued to the national banks for the week ending Saturday, December 2, 1865, is stated Che $4,172,610 221,290,215 No additional national banks ha the Secretary of the Treasury as depositories of the public money. CITY COMMERCIAL REPORT. Saronvay, Dec. 2—6 P. M, sum. —Receipts, none. The limited supplies continued to prevent sales and served to further advance prices. A moderate inquiry prevailed from consumors, and small saios wore made at $10 623¢ » $1076 for pot. About 40 pkya. pearl wore sold at $11 50. Busaperorrs.—Receipts—21,647 bbis. flour, 1,600 bags corn meal, 90,860 bushels wheat, 213,967 do. corn, 108,- ‘877 do. oats, 19,630 do. rye; 625 do. malt and 23,980 do. bariey. The demand for State and Western flour was only moderate, and prices were Sc. a 10c., and in some cases 1c., lower, the market closing dull and drooping for all brands. The sales wore 9,000 bbis. at our revised quotations annexed. The demand for Southern flour was fair, but at rather lower prices; the sales were 1,000 bbis. Canada flour was inactive, and prices 6c. and 10c. lower; the sales were about 250 bble, Rye flour continued dull, with sales of 100 bbls. Corn meal was quiet, but prices wore without decided change. The sales include 400 Western at $460. We quote:— 8u ‘State and Western four. 7 40 0 $7.80 Extra State. 8 Choice State. .. at $1 72.0 $1 80. but prices were somewhat weaker, y active, , Clow {ng nominally 1c. lower. The sales were 100,000 bushels at 8 93}¢. for unsound, and 040. a 960. for sound wired We with but fow sales at the outside figure, Receipts, 1,916 bales, Prices were very ir- regular and holders anticipating a decline were anxious to secure a market for their cotton aud rather urged it upon buyers. The sales, however, were only to a mode- rate extent, being mostly to spinners and the local trade, comprising 3,400 bales, the market closing heavy at our juctations, as jollows :— ‘y Upland, Florida, Mobvile, N.O.&T. 3T 38 38 50 61 a Faxiguis were quiet ani er J en; ments wore To Liverpool 7,500 bushels wheat at d., 850 bales cotton at 9-32d a 6-16d., 750 bbls, rosin at 1s. Od., 800 do, flour at 1s. 10¢4. a 2s, Por steamer— 400 bales cotton 3¢4., 800 boxes bacon 25s. To London— 21,000 bushels corn at 73¢d., 1,000 bbls flour at 18. 1034, ‘Phe charters were, & brig to Antwerp, petroleum, 6s. 34. ; two sume voyage, crude petroleum, 68, 3d. ; from Sicily to New York, about $1 to Savannah, $1,800, thence to south $12, and back to New York, sugar, 40c.; a brig from St Mark’s to New York, cotton, 13gc. ; two barks {rom Apala- chicola to New York, cotton, 134¢.; one trom Wilming- ton, N. C., to NewYork, cotton, ie., and rosin $1 per bbl’; one hence to New Bedford, $2 40; one from sand, $4; one from ‘Elizabeth. rt to New London, coal, $2; and a bark from Kliza- Pethport to Savannah om private terms, Hore.—-Receipts, 3 balos, The market was fairly active and prices were steady; the saies covered 200 bales, at 10c, a 38c, for old crop, and 35c. a 65c. for new crop, the latter an extreme rate. ‘Mozasezs.—A fair demand continued and prices were well sustained. Wo note further sales of 185 page Poughkeepaic to Salem, ipts, demand and prices wae firm, and prices were somewhat lower. The sales were 5,500 bbls., mostly crude, at 40)gc. a dlc, for crude, and 68c. a 700, tor refined, in and 7¥c. a 79. for free. Provistons.—Receipts, 717 bbls, 830 do. beef, 401 packages cut meats, 10 do. lard, 1, do. butter, and 1,257 do. cheese. The market tor pork opened with some- what increased firmness under an improved demand, but subsequently the market ruled dull, and closed a triflo lower, with offers of mess at $20 25, cash. The salos for resent delivery were 12,000 bbis, at $28 87 a $29 75 for mess, and $25 50 a $25 76 for prime mess, 8,000 bbls. mess were sold for ail this month, seller's option, at $28 60 a $29; also 3,000 bUls. now mess for January at $29, buyers and sellers’ option. Beef was ymoderatoly active, but prices were drooping. ‘The sales wore 900 bbls. at $11 a $14 for plain mess and $14 $17 for extra mess. About 250 tierces India moss beef sold at $44. Beef hams wore dull and drooping, with sales 300 bbls. at $33 50 a $39 50. Bacon was dall and heavy, Cut meats were quiet, with sales 300 pkgs. at 18c. a 160. for shoulders, ge, for hams. The lard market was dail and nominal, with sales 690 pkgs. at 180, a 23c., the lat- treme rate, Butter continued dull, with only a | sales at previous prices. Cheese was inactive ices were without noticeable change, Sucan.—The market ruled dull and heavy and prices were again nominal. ‘The sales were confined to 42 hhds. Cuba muscovado, at 1c, a 14%c. Relined was moro quiet, but prices were without decided change. ‘Tattow was rather more active, and prices were firmer. The sales were 150,000 lbs., at 14346. a 14340. Towacco.—Recoipts, 262 hhds, and 1,534 pkgs. Tho market continued quiet for all descriptions. About 120 hhds, Kentucky sold within tue range of yesterday's quotations. Winexny,—Receip! 50 bbls, The market was dull and irregular, with a disposition on the part of holders to soll large lois at lower prices; but in the absence of such sales no material concessions were made, About 50 bbls, sold at $2 34 a $2 35. THE NAVY. THE UNITED STATES STEAMER SOUTH CAROLINA IN THE LATE GALE. The United States supply steamer South Carolina ar- rived at Southwost Pass, Misstasippi river, on tho 2st of November, having in tow the steamship Catharine Whit- ney, picked up at sea on the 16th ult. totally disabled. Tho Catharine Whitney was from New York for Galves- ton, with a general cargo and passengers, among whom _was a portion of Nixon's circus troupe en route for Texas The stoamer had experienced very heavy weather, in which she lost her radder, scrow and fore topmast, and had hor machinery completely di with the boilers adrift and rolling about in her hold. Jed to their other misfortunes they were on an allowance of Provisions and water. The South Carolina tirst took.off their lady pas- sengers, who had been transferred to a schoonor for safe- ty, and ‘then towed her into Pensacola; but the South rolina being ordered to New Orleans left the Catharine Whitney at Southwest Pass and then proceeded on her voyage to Galveston. The cirous troupe lost overboard all their trained horses and a large portion of their tent equipage. THE RECENT DISCHARGE OF THE NAVY YARD EM- PLOYES. From official returns at the Commandant’s office it ‘appears that the reduction of the numerical force of the various departments of the Navy Yard was much greater than was stated in yesterday's issue, amounting to an aggregate of one thousand five hundred and thirty-six. ‘Assistant Naval Constructor T. E. Webb was not dis- charged, a8 previously stated, but has relieved Mastor Carpentor W. H. Halleck, whose position he now fills. It was erroneously staced in tho Tribune of yestorday that the master painter, William A. Ringon, was among the master mechanics discharged, That gontloman ro- quests us te state that Lie has received no intimation whatsoever of his removal. THE FUNKRAL OF QUARTEKMASTER CONWAY. The following notice in relation to the funeral of Quar- termaster William Conway, which took place on Satur- day, from Naval Hospital, was promulgated on Friday :— Commanpant’s Orrick, Navy Yano, New York, Nov. 30, 1865. ‘Tho officers of the Navy and Marines are respectfully requested to attend the funeral of William Conway, late Quartermaster, United States Navy, from the Naval Hos- pital, at three o'clock P M, on Saturday, 2d of December. It Will be recollected that this faithful seainan refused to haul down the flag of his country when ordered by a traitorous officer at Pensaco! Florida, on the 12th of January, 1861. CHAS, H. BELL, Commandant, MISCELLANEOUS. The screw steamer Pocahontas, which was of the num- ber sold at auction on Thursday last, brought $18,600. — The following named vossels at the Navy Yard are be- ing fitted out for sea with all despatch :—Lackawanna, Iroquois, Oneida and Onondaga. The Pensacola, which has also been ordered to be got ready for sea, js at Baltimore, undergoing extensive re- pairs to her machinery. She will return to New York tor her final outfit, where she will be put in commission. The Commers of the Singers. CURIOUS SCENES AND FROLICS AT THE GERMANIA ASSEMBLY ROOMS. ‘The musical societies and glee clabs of New York who ‘wore engaged in the ninth general Sacngerfast, which took place in July last in this city, held a grand reunion at the Germania Assembly Rooms last Saturday night. The United Singers are composed at present of twenty as- sociations, which are represented by a central committee, of which Mr. Steffen, of the Toutonia, is President. The rounion of the singers alluded to consisted of a series of social pastimes and frolics of a character which are term- ed ncommers. Mr. Steffon presided. In calling the as- sembly to order, he reviewed at length the proceedings of the late Saengerfest and the career of the singer associations of the city. The central ization of the German organi was formed with view of being permanently zed for the cultivation of music and song, the art of chorus singing, and thus to prepare for the tenth general Saengerfest, which is to take place in Philadelphia in two years. No pe having been prepared for the occasion, they w an ancient chorus, com: nited in singin mencing, ‘Wer hat dich du schooner Wald.” Next a humorous song was rendered by the Glee Club Frauenlob, which is & new musical organization, and quite an addi- tion to the list of German societies. The members ac- anijed memento in a creditable manner. singers next sang grand chorus, composed espe. poo Bae ‘the occasion, embracing a humorous review of Another humorous chorus was rendered by the Teu- tonia Society, ‘Hahnemann du ” and by Mr. Steins, who is an accomplis! singer. This was followed by a solo rendered wit effect. A series of ric proceedings indulged { ne aenee huse nn indulged in. greatest ty peoveted, ‘Among ‘ofhers the ‘Maden Salamander"” we given, which is a coremony by which a deal of noise is made by means of the beer mugs, and then join- ing inachorus. This Salamander was a sort of toast in honor of the was continued un! Oo G@ARROTING AND ROBBERY. On Saturday night Patrick Noonan, a stranger in the city, in passing through the upper part of Monroe street, made inquiry of two men whom he mot where he could find a certain locality of which he wasin search. The mon volunteered to show Noonan, and, in dojpg #0, one of the men seized him around the neck and held him fast while the confederate rifled Noonan’s pockets of a small amougt of mor Noonan screamed for help, when, ofico®. McAuliffe, of the Thirteenth ran up arrested one of the a8 Thomas Gordon. his — hong bo} ti vst ‘tor trial Yesterday morning and committed to default of $1,000 bail. arm BAPE ROBBED BY A FEMALE. On Saturday afternoon Eliza Bosle, ® young married ‘woman, only cightoen years of ago, entered the atore of Mr, William H. Burr, 228 Fulton street, where she was ‘well acquainted, and purloined from the safe $200 in Immediately after securing crn ibee- 'mhira ‘street, BY THE ALPINE TUNNEL. Visit to the Works on the Italian Side. Cholera and Panic Among the Laborers. Progress of the Past—Calcula- tions for the Future. Adaptability of the Air Compressing Machine for American Use. &. &. ke. Our Bardonneche Correspondence Bagpownmons, Vatury or Tum Dora, Anv Moura or nw Gene se Boel Ner a, 1888. After completing my observations at Fourneaux, on the French side of the tunnel, it was my original inten- tion to have come here by the mountain route—that is, to have crossed the three mountains—the Col Frejas, the Grand Vallou and the Col de Ja Roue—beneath which tho tunnel runs. In sunmer this passage is perfectly acces- sible, and the mountaineers cross it with mules in six hours. Iwas the more desirous of taking this trip as it would bave given me am opportunity of seeing the beautiful, broad plateau of the Arionda, away up near the mountain summit and ten thousand feet above the level of the soa—a wide and verdant table land of rich pasturage, dotted with chales, in which the burghers and herdsmen live in summer while guarding their flocks, which upon the approach of winter are driven down into the valley and housed and fed till spring. A fall of snow, however, the day after my arri- val, and another very heavy oue the night before I in- tended making the trip, blocked up all the pathways and rendered it necessary for me to got hore, @ distance in a straight !ine of a little more than seven miles from Four- neaux, to travel nearly sixty, and to encounter rivers and obstacles and impediments in my journey such ‘us it seems scarcely possible can oxist in an old and civilized country and on a high road of travel, ‘THE AMERICAN RAILWAY. We reached Aux-le-Bourg about two o’clock im the af- ternoov, and as the stago in which I hoped to get a scat was to pass at five, I concluded to employ the timo by paying a visit to the “Chemin de Fer Americain,” as it is called, which is now in process of construction ovor Mount Conis itself, and a walk of half an hour up the steep mountain side, among flocks of sheep and cattle with inkling bells hanging about their necks, and rough, unhandsome womon (whose appearance immediately destroys all romantic ideas that one may have cntortained about Alpine shepherdesses), brought me to its beginning, which is in the mountain side, about a milo up from Laus-le-Bourg. Here the experimental reliway;, upon the plan invented by Mr. Feil, an Amert- can, who is superintending its construction, has been Commenced and completed distance:of ten kilometres, or a littio more thana mile. The track 16 laid upon the valiey side of the main road, separated from it by a fence, and the grad» varies from one in twenty-three to one in twelve, and the smallest radius of the curves is one-fifth of afuriong. The track is composed ef three rails, the middle one of which is railed about ono foot higher than ‘the othors, aud the object of which is to secure the ad- hesion of four horizontal wheels, two being attached to each ide of tho locomotive. m the lower rim of each of these whools is a catch whi the middie rail and vies the engine from being wn off the line in the sharp curves which it is oblis to make. Besides this they have a movement, which acts @3 a re brake enabling the engineer to stop the train al instanuy. It Pp ig calculated. that by this system Mount Conis can be crossed from Laus-le-Bourg to Susa in a little more than throe hours—the diligences now requiring five or six. I regretted that meither Mr. Fell nor his egout was at Laus lo-Bourg, and that I could not see the ve in operation. It does work, however, and well, upon the track on which it has been applied, and immense loads have beon hauled up by it, and as yet no accident has occurred. Work has been suspended upon this road Lapp ote sere) but I ny aun bed aa td sumed under the auspices of an company, whi has acharter for a railway from >t. Michel to to hold good until the completion and succoss:ul opera- tion of the Alpine tunnel. Of what use aflor that the mountain get a view of the imposia ‘and I must contess that I would rather, asa matter of safoty, take my chance in the very bows the earth, beneath the cloven thousand feet of ti a Vallou, than run the risk of the brake whoels giving way upon this road and dropping the train and passengers for icn or tittoen iniles down the rugged sides of Mount Genie. HANNIBAL AND NAPOLBON, Mount Cenis, although.the most frequented of the ‘Alps in modern times, is by no means the OF oar. liest known, and it is now generally believed by savauts that Hannibal led his Lag Bom the 7 by the little St. Bernard, y led his over Mount Cenis, when he descended upon fortile plains of Lom- bardy with his conquoring hordes, having omployod thres Uiousand moa tm the ‘onstruction ofthis maga: cent road, which 1s about thirty fect wide, in many parts having the solid rock for Its base, and windi round the mountain sido, with a steady ascent, round and wus gentle DISADVANTAGES OF A NIGHT PASSAGE. Pd for some inex egrotig. o) all tho of jount Cenis are made by the diligences at night, the traveller loses, of course, the view of the deapecaheny among the muuntains themselves, the heaven-reach.ng peaks, covered with oternal snows, the ful cascades ‘Qnd the tumbling mountain torrents, most beautiful of all, the descent towards the lovely, fortile, broad ‘he passaze from [eee of Lombardy and P.edmont. \s-le- Bourg to Susa, a distance of forty kilomwires, or about twenty-four miles, requires, under ordinary cir- cumstances, about tive hours, during which the paswen- gers, if they happen to be asicep, are awakened at loast five’ times by the postillions impudently demanding their buono mawo, or drink money. SOMMELIIER OF THM AIR COMPRESSING MACHINE. Arriving in due season in Turin I called upou M. Som- mellier, the inveutor of the air compressing machine, and tho man to whom more than to any other the pro- sent advanced condition of the great Alpine tunnel is due, MM. Sommetiier is the progressive schoul, and has just ben re-elected a member of the Chamber oi Deputies by the liberal party. 4. tommellier rath tag interested in the United ‘States, aud particularly with reference to the ma- terial works of a nature. liar to the ono in which be ts on ‘The next morning eo the diligence, winding up the beautiful valley of the Dora 4 g Riparia,- bounded upon one a the eternal Alps d on the othe the of Pied- ‘mont, we ranmente prcbe in nteny Seotmtes ches. noon, A PANIC AMONG THE if possible, than that a3 Fe (more miserabl fourneaux) in a state of ccomdoaite sande. ‘It seems that on the very day I left Fournesux an accident the most serious of any which has occurred since the commencement of the work took place in the tannel here, the rock upon which the are exceedingly hard a from which perforators strike at after the affusto had been entered the advanced i ee8 Hi ii [ FT H the phone tem blinding three and severely seven ‘more, wi a ratat caammennot mrvena aire Dut four of whom are not expected to recover. confess it rather excited my think tas but pl was * than a mile from within a yard from where the socldent took place. ich But it ts not bante * ‘among the workers in the tunnel at Bardonneche. Fiv days since the cholera made its here, an since that time has carried off twenty 0 of them an engineer. This, shor sand only, ex, as these men are to dis- ease, may well be the cause of and already there is great fear that the work will have to be suspended for atime. to i +] cles of virtu hag been sold by auction tible portion of its force, thus entirely destroy- ay Sn ciee a8 tae teneil pundit, who, when he was experimenting, assured M. Sommellier that in 60 long w traverse the ehitire foree would be dlanipated rowe, M. Som ier, however, ven a single book fuil of Sbeories; ‘and with a motive power which costs nothing he manufactures another motive power out of the cheap common air, with which he is now boring a route for sorties and railway trains through the stony heart of the Alps. CHARACIER OF THE WORK. I have already stated that whereas the mouth of the tunnel inthe Fourncaux side is situated at a height of 106 metres above the level of the valley, that upon the Bardonneche side, on account of the difference above the level of the sea of the beds of the two valloys themselves, is commenced at the base of the mountain. With this ex- ception andsthe difference in the character of the rock through whith the perforators are now making ther way here at the rate of from two to three coon by ino ae tunns difference in the PROGRESS MADE, The work upon this side has always been conaucied with Rope 4 and with less difficulty than upon the other. Tho rock here, so far aa the forators have reached, has been hornblende, mica and calcareous schiste, comparatively easy to picrce. Just at presei mation which is infiltrated with veins of quartz, and which, when struck by one of the dritls, twists is intoa here from two to and by the end of the expect to have te ean eee By the old pro- cess of working by hand, with a much larger number of pe ri two hundred metresa year were made, Asan exhibition of the difference between: tho progress: nD this side and the other, parti since the Near was struck there, I may state in the month of ptegnber of the proaont , while an advance of ledge Sey year, Bixty ht metres and ninety centimetres was male ere, but ninevéon metres and a half were made at Fourneaux, At tho latter place, how- ever, in the months.of May and June last, advances of ninety-one and fifty metres wore respectively made. In July the quartz vein was struck, and the was diminished in that month to sixteen metres and a tenth, and in the month of August last it amounted to but little more than thirteen metres. CALCULATIONS. By the end of the present year the engineers vmculate that at the present rate of progress the tunnel upon this side will have reached a distance of 3,110 metres, or about 3,370 yards, into the bowels of the Alps. As the wholo tunnel is 0 be 12,220 metres, or about 13,238 yards, in length, it will be soon that upon this side more than ono- half the distance from the entrance to the centre of the tunnel will have been completed. Upon the other side it is caleulated that if no greater obstacles than those already encountered are met with be- tween now and the Ist of Janvary at that time on that side, 2,200 met or about 2,383 yards, will have been completed. This will make a total of 6,310 metres, or 5,753 yards, then finished, leaving 6.910 metres, or about 7,485 — still to’be bored, and thia, unless some unforeseen obstacles present themselves, M. Sommellier and tho engineers are confident can be accomplished by the 1st of January, 1870, when the Alpine tunnel, four times larger than any other in exist- ence, will, it is hoped, echo through its length and breadth and depth with the shrill music of the steam whistle as the first train of cars goes tearing through the Alps. CROAKERS, Still there ere not a few old croakers, some of whom I met, who sbake their heads knowingly, and with a show of wisdom predict that unforeseen chueaien may ariso ‘as tho vertical centre of the tunnel is approached; that the caverns which the early objectors to the enterprise | sapere as existing in the els of the mountain may reached; that chasms and yawning abysses may open, and ‘that the tunnel itself and the valleys of the Arc and the Dora bo overwhelmed with the rush of subterranean rivers which may some day appear. But the ogists and the engineers say that thus far tse diagnose, iT may use the term, of the section of the earth between Fourneaux and Bardonneohe, has been proven by actual experiment to be correct, and they have no reason to doubt that it will continue so to the end. Let us hope that they are right and the croakers wrong, and that within tho time predicted, on some fine morning, the miners upon either side may hear the ateady, rapid ‘thud! of the drill as it strikes upon the solid rock, then only @ thin partition upon the aud that the afusto having been withdrawn, and the mine when the smoke of the explosion shall have clea away through the mass of debris, the workmen froin Fourneaux and Bardonneche maj and shake their rough bhauds together, and there ghall be no more Alps. Art Intell ‘The number of young artists following the superior lessons at the School of the Beaux-Arta at Paria is eighty for painting and thirty-seven for aculptare. ‘A momorial to Prince Eugene of Savoy bas been inau- gurated at Gratz, Austria. It is an equostrian statue, and forms a pendant to that of the Archduke Charles. It is placed in the vast aquare before the Uhateau de la Burg. The Chovalior De Forn-Korn is the sculpter. Ap American negro, named Duncansom, is realizing a good reputation as a painter in England. Having madea fine picture of Tennyson’s ‘‘Lotus Eaters, "’ he is on a visit, by special invitation, at the house of the poet laureate, Gignoux has seat his ploture of “Spring” to Wash- ington, where it is on private oxhibition at the mansion of a friend of the painter. ‘The session for 1866 of the Society of Arts of England has been opened in London by Mr. Wm. Hawes, Chair man of the Gouncil, who delivered the inaugural address, Mr, Hawes noticed the socioty’s losses by death during the past year. The Parl of Carlislo, Mr. Gregson, M. P. ; David Roberts, R A.; John Fowler, inventor of the steam plough; Mr. Chance and Mr. Appold, had died; as also Mr. Thos. Winkworth, one of the oldest members of tho society, and with whom bad originated the idea of making the Exhibition of 1851 one for “all nations;"* and lastly, Dr. Lindley, the distinguished botanist. During the year the various committees, musical, educa- tional, &c., had all made considorable progress, and a good deal had been done in tho way of sanitary investi- gation. The oxaminations in connection with those of Oxford and Cambridge had been very successful. An effort had been mad» during the year to induce the wealthy city companies to give prizes for industrial works of art, but nono had responded except the Saiters’ and Plasterers’ companies. Having noticed the great motropolitan works in progress, Mr. Hawes proceeded to announce that a hall of arts was about to be erected at the north side of the Horticultural Gardens, Kensington, to accommodate five thousand persons. The land would ‘be given by the Royal Commiss:oners of 1861, on a lease of 999 years at a nominal rent, together with a guarantee of £60,000 towards tho cost of the building. The est!- mate for the entire was £260,000, and the Prince of Wales would be president of the provisional committee. The Athenee des Arta, Sciences et Belles Lettres, of France, founded in 1792 by Lavoisier, Fourcroy and other eminent men, has held its half yearly sitting, the one hundred and fifty-third since its foundation, at the Hotel de Villa, There were about one thousand persons present, Mile, Louise Bader, the writer of “Ideal et Realite,” and a momber of the Athenee, read a piece of postry entitled “Pour trois sous deux heureux,” which was received with repeated applause. The other piecos of poetry, all by members, were, ‘Conseils aux Poets,’ by the President, M. Reinvillier; ‘(La Pluie,” by M. Four- nier; “Suzette,” by Mme. Menier, and ‘‘Le Printemps,” by M. Thiers (not the historian). A monument is to be erected in Brussels in honor of tho soldiers of the Belgian Legion who fell at Tacambaro, Mexico. The names of the King and of all the mem- bers of the royal family are on the subscription list. The Marquis de Corio, the Mexican Chargé 4’ Affaires, is down for 500f. ‘The collection of works of art made by the late Mr. R. H. Grundy, of London, a most enthusiastic connoisseur, during twenty years of industry and expense, is about to be sold by auction in that city. Mr. Grundy owned the group exclusively, and a private view of it has been afforded by his executors to a party of invited guests at his late residence. Among the drawings are choice works by Harding, Cox, T. M. Richardson, Hall, Chalon, Cattermole, Prout, Barrett, Fielding, Wainewright, Land. seer and others, There are three boautiful pastels by Brochart. Among the oll paintings are works of recog. nized distinction by Ruysch, Rubens, Guercino, Albano, O'Neitl, Etty, Dumeld, Lewis, Danby, Lonsdale, Bouvier, Sir T. Lawrence, Goodall, Howard, Lee, Northcote, &c. Connoisseurs regard with attention some very fine copies of pictures by the old masters, executed with great taste and finish. For the “Foreign School’ one of the most exquisite “bite” in the collection is a “Nymph Sur. prised,” by Jalabert, and # fine allegorical picture—“Lost Tiusions, a replica of one in the Laxembourg—representa the pencil of Gleyre, Frare, Lambinet, Scheffer and Schlessinger are also in the list, Among the miscellane- ous objects the first position ie assigned to avery fine cabinet, with reading desk, formerly the property of the Duke of Orleans, and having his cipher and cordttes, sir Joshua Reynolds’ palette is also here, Old Frenoh clocks seem to have been a specialité with Mr, Grundy, and can- delabra and brackets held a graceful prominence among the artistic objects. Mr. Bristow’s fine collection of works of art and arti- io A ciroular table, of chased ormolu, with lions’ festoons and foliage, the top of plaques of Sevres, painted with a musical conversation, Cupids and flowers in medallions. in turquolee and gold borders, fifty.seven inches in diameter, sold for one hun- dred and eleven guineas, The specimens of Ohpleea and NEW YORK HERALD, MONDAY, DECEMBER 4, 1865. Chelsea gros-bieu of fruit and birds, from collection, sold for one hundred and thirty guineas, A pair of bexagonal vases and covers of old Worcester, gros-bleu, pencilled with gold and painted with exotic birds and insects, in colors, on white medallions, sixteen inches high, one hundred and three guineas. A set of three vases and covers, of old Worcester, deep blue ground, Pencilled with gold and painted with exotic birds in me~ dallions, eighty-five guineas. An ecuelle, cover and stand, of the finest old pate-tendre Sovres, painted with pastoral subjects in compartments, on gros-bleu ground ornamented with gold, three bundred and fifteen guineas, Among the paintings are the late J. F. ,Herring’s chef @ouvre, “The Start for the Derby,” “The Falso Start,” and the picture of “The Flying Dutchman and Voltigeur Running the Great Match, at York, for 1,000 sovereigns & side.” There were also portraits of the celebrated horses Touchstone and Emma, Pantaloon and Languisb, Camel and Banter, Muley oloch and Rebecca, Lanercost and Cruoifix, Bay Middleton and Barbelle. Among the pic- tures by other artists were Calderon’s “Liberating Prisoners on the Young Heir’s Birthday,” with a mediz- val baron and his lady giving alms to them; ‘The Brow of the Hill, with Red Deer,” by Creswick and Ansdell; “Tho Betrothal Ring,” by W. 1 Grant, and a most spirited picture by Mr. Bottomley, called “The Expected Breakfast,” a pointer slut and pups, with the servant girl bringing them their food. 130, Court Calendar—This Day. Supreme Court—sreciaL Trea. —Demurrers 140, ude Ws aes ae a resi Terminer, and Nos. 1007, 1—Oyer and 1585, 1651, 1813, 1812, 705, 2048, 2041, 87; Hale yr Pio, at mia ade, 1a, 816, 1632, 1310, 034, 900, Sc08, i a0, oes, *9280'496, "1116, 604,"2530, Sureaton Court—Part 1.—Nos. 491, 969, 4635, 4609, 1496, 1385, 515, 2228, 2815, 1645, 4615, "98034, 1723, 1743, 4325, Part 2—Nos. 1 Soin 2082, 9608, 1254, 232, 4200, 4072, 848, 1574, 2008, 482, 1848, 1632. Part’3,—Nos 2380, 770, 2148, 849, 1814, 1736, 760, 1794, 1816, 1094, 1628, 1846, 1860, 1772, 1824, 1484, 1942, 1954, 1968, 1970, Coumon Preas—Part 1.—Nos. 1084, 601, 1047, 1254, 1051, 1201, 1206, 1209, 78, 1050, 1042, 1266, 1267, 1270, ” “Part 2,—Nos, 1174, 985, 1165, 1179, 1180, 783, 384, 1265, 1136, 1176, 1147, 1135. MARRIAGES AND DEATHS. Marrica. Buasa—E1cx.—In Boston, on Wednesday, November 29, by the Rev. Mr. Howe, at the residence of the brido’s unclo, Mr, Jawes E. Buise, of the American Telegraph Company, Boston, to Miss ANNA C. Suck, of New York. Gonte—Oxerep.—On Thursday, November 30, by the Rov. Dr. Barcbard, Laxey Mf Gonte to Joseviuxe, eldest daughter of Géorge Onsted, all of this city. GrxpaR—Vannenour.—On Wednesday, October 18, by the Rev. Joseph H. Price, Ricuarp E, Gswpar, of Brook- lyn, to Miss Susu A., daughter of Edward L. Vanderoof, of New York. ‘Newron—Vorre.—On Tuesday, November 28, at Trinity chapel, by Rov. H. A. Neely, Jonx Canter Newtos, of Holyoke, Mass., to Leia F. Votre, daughter of tho late Charles W. Vuite, of this city. Repriet>—Tuohr.—On Sunday, December 22, 1863, at the Church of St, John the Evangelist, in the'clty of Now York, by the Rev. Kdwin R. ¥. Cook, Georax H. Repro, son of William M. Redfield, to Josu Tuore. Di Buwx.—On Friday, December 1, Awmua, widow of Reuben Bunn, in the 72d year of her age. Her remains were interred in the family vault at Greenwood on Sunday, Decomber 3. Brapy,—Suddenly, on Sunday, December 3, Martuew Brapy, a native of Cornaslienes, parish of Lurgan, county of Cavan; Ireland, aged 50 years. May ho rest in The friends and relatives are respectfally invited to at- tend the funeral, from his late residence, No. 296 Seventh avenue, corner ‘Twenty-ninth street, on Tuesday after- noon, at half-past one o’clock. The remains will be in- terred in Calvary Cemotery. Barser.—On Saturday, December 2, Mary, youngest ‘child of Robert and Mary Barber. The relatives and frionds aro respectfully invited to at- tend the funeral, from the residence of her uncle, John MoGrath, No. 85 Onk strect, this (Monday) afternoon, at half-past one o'clock. CLanx.—On Sunday, Dec. 3, at Orange, N. J., Frep- wRICK heaps ore son of Jonathan and Mary H. Clark, formerly of Newark, N. J., aged 40 years, Notico of funeral in to-merrow’s paper. * ConngLt.—At Tompkinsville, Staten Island, on Satur- day, December 2, of diptheria, Gronaz Britrox Mo- = youngest son of Paul and Catharine Cornell, years. The relatives and friends of the family are respective! parouts, tis (Monday) afverboon, al two clock, Parents, this (1 af two o'clock. inday, December 3, Jutta Iai daughter of Obadiah N. and Frances Cunningham, mm Peg 1 month and 13 days. relatives and friends of the famtly are respectfully imvited to attend the functal, at the residence of her pa- rents, satel Barrow street, on Tuesday afternoon, at ‘two o'ol Cunmm~anam. —On Saturday morning, December: injuries received om steamer St. Job: board the L., second daughter of Mary B. and the late John F. ningham, toll yo 4 months and 17 days. The relatives friends of the br Pee respectfully invited to attend ces ei this (Mor afternoon, at one o'clock, from jadigon av iptat urch, corner of Thirty-frst street, itt . Daviea.—At Fishkill, on the Hi on Sunday, De- conte 8, Major Onantas F. Davies, U.S. A, aged 27 ‘His friends and relatives, and those of his father, Hon. Fee oo < invited rel the funeral, at ‘on Tu afternoon, at one o'clock, without eo beer ! nat noxson.—In Harlem, on jurday, December TAthe frends, and elatives reine I ; lends Telatives are favited to attend the funeral, from the Reformed Duteh church, corner of 12ist streot and Third avenae, on Tuesday morning, at ten o'clock. Fay.—On Saturday, December 2, Mrs. Saran, wife of Pima friends ot the famiy fnvited family are vi attend the funeral, on Monda; Rane orgies As elec. from her late residence, No. 171 East Thirty-first street, —Mre. Mary of Washi: , Warren Fravom. ington, county, N. J. Her death was caused by the railroad aaa near White House, N. J., on Friday, Foors.—In Brooklyn, on Sunday, December 3, Lancat Foor, of Canton, Conn., aged 76 years. The relatives and friends of the family are respectfully invited to attend the fui service, at the residence of his daughter, Mrs. E. C. Wilcox, No. 8 South Oxford street, lyn, on Tuesday morning, at nine o'clock. ‘The r-mains will bo taken to Connecticut for interment, GorraumkR.—On Sunday, December 3, Lizzie M. Gort- meen, wife of Edward M: Gotthelmer, in the 23d year of her age. ‘The relatives and friends of the family are respect- fal y invited to attend the funeral, this (Monday) ‘after. noon, at two o'clock, residence, 1,270 Broadway, without further notice. A 8, ke mee formerly of counter bee @ years. Hawss.. nds invited to attend the oe ey late Broome Tu morning, at ten o'clock. The remains will be taken to Fort Lee, N. J., for inter- mont, A-steamboat will make a special trip. Hussrm.—On Saturday, December 2, of of the brain, Janus T. Hunatia, in the 31st year of his age. ‘The funoral will take place this (Monday) morning’ at ten o'clock, from the residence of his uncle, Wi Thomas, 81 Park Newark, N. J. Hoposow-—On Satu: evening, Decem! 2, afters short but severe ilinces, 1am, wife of Joseph Rhodes Hodgson, formerly of » land, aged 70 years and fr The relatives and friends of the ine Fespeotfully bot vee to attend the from late resdence, 310 Grand Brooklyn, E. D., this (Monday) after- Roon, at two o' 5 Inwi.—On Saturday, December 2, while in the dis- charge of his duty, Tuomas Inwin, late member of Metro- Pi es CoP eas ty wat nme fel an and of the Metropolitan wriedion user Kaxeraxprex,—In New Orleans, suddenly, on Th day, November 80, Druta, wife ot 0. H. Karstendiok, of Mr. E. Salomon, of the firm of }) and ter Batbinon, Root t Co, of this city. Larxin.—On Sunday, December 3, after a short ir RODERICE, the beloved in, in the 45th Ne ~ Ovm1.—In Brooklyn, on Saturday evening, Decem- ber 2, Mr. Isaac aged Tus Felatives ond. frignds of be family and those of to attend the funeral, M Vail, are My invited? from his iate residence, 63 Remsen ‘afternoon, at one o'clock, without on of the oy estamins sated i, dase Apowuus, youngest son of the late Morita His embalmed ing arrived per Star, will bo conveyed, in charge of “Temple Emanuel, to Salem Fields Cemetery, Cypress Hill, for reinterment, where serviees will be héld by the Rev. Dr. Adler, this (Monday) morning, at eleven o'clock. Parkgx.—In Brooklyn, on Saturday, December 2, Mrs. Axx Pannen, in the 25th year of ber age. Tho funeral will take place from the residence of father, John Travis, 143 Furman see (Mor ‘after ‘at half-past two o'clock, relatives the family are respectfully invited to altend notice, farther Pemins.—In Jersey City, on Saturday, December 2% youngest child of George and Augusta Perine, months and 9 days, ‘The relatives and friends are respectfully invited to at- tend the funeral, from 175 York street, this (Monday) afternoon, at two o'clock. Porrer.—On board the steamship Ericsson, on Sunday, vere re of brain rey Joun « ——. jane ome keeper ol ve aged ears, 9 months and 4 days The remains were buried at eca, ears, The - vee snd Stands of the family are k-jdoe te attend the funeral, fons afternoon, at 2 o'clock, from his late residence, 71 Woot rwentycaith street, Rawaey,—On Saturday, December 2, of croup, Writes HL Ramszy, aged 17 months, youngest son of and from the residence of be paeeen, No. 25 Ninth avenue, New York, this (Monday) after- noon, at two otclack. ia Sowaney.— sen, December JBORGF, young- est son of James P, and Emma J. Sowarby, aged 1 year and 3 months. ‘Tho relatives and friends of ‘the family are respect fully invited to attend the funeral, this (Monday) after. apn, af bale eae ey cee from 139 Broome street, Scuacar. Saturday, December %, at ten o'clock P, M,, Hawry B, Senacut, > ipreend Gea, lately from California, on his way to Germania for good of his health. ‘The friends aud relatives of his brother's family are respectfully requested to. attend the funeral, from thelr residence, No. 277 East Twelfth street, this (Monday) af- ternoon, at one o'clock. eS San papers pI . ‘Sentor.—Of consumption, ‘on, Baburday, December 2, Many Biack, wife of Francis. Senior, aged 30 years and 2 months. The friends and relatives of the family, also the mem. bers and congregation of the Westington squaro M. K church, and the members yo Pilate | Lodge, No. 40, L 0. of.0, F., alsothe members of John D. Willard No, 250, F’ and A. M., are respectfully invited to the funeral, this (Monday) afternoon, at_one o'clock, from ‘the church, Fo street, near Sixth avenue, without further invitation. Sprwemeyven,—On Saturday, December 2, Mrs. C. W. Sexincuxver, wife of Wm. H. Springmeyer, agod 18 years, 1 month and 28 days. Tho relatives and frionds of the family are respectfully invited to attend the funeral, this (Monday) afternoon, af one o'clock, from her late residence, Third avenue, com ner of Seventy-sixth street. , December 2, SaMom Swanger tegen on Saturday, ©. Swartz, in the 38th year of his age. ‘The funeral eervices will be held at his late residence, 904 East Fifty-first street, on Tuesday afternoon, at one o'clock. The relatives and friends of the family are re spectfully invited to atten: ‘Heapquaktens, Severta Rsaiment N. Y. 8. N. G., New York, Dec. 3, 1865. } Finer Comranr.—The members of this company, ae tive and honorary, will assemble at the armory on day, at 12 o’clook M., in citizens’ di black gloves an@ ap ot oie tele home crape on left arm, to attend the fun cored member, Samuel C. Swartz. By order. ©. H. MEDAY, Captain, J. W. Bunset, Orderly. ‘The members of Atlantic Lodge, No. 178, F. and A. M., are requested to meet at the rooms, on Tues- tay, aliending'the funeral of out iaio worthy brother, of attending the funeral of our 4 uel C. Swarts. GEO. W. SMITH, Master. Cuanes W. Sy, Secretary. and pelafit Uneas Avousres B. Vost, aged 62 yearn in ness, Avcverus B. Voss, ‘The relatives and friends are faved to attend the funeral, on Tuesday afternoon, at two o’clock, from Bt Lake's church, Hi noar Grove, The remaiag to be taken to Boston for interment. Watprow.—In Hoboken, N.J., on Sunday pry | ‘December 3, Jomn R. Watpron, aged) 81 years and ‘The relatives and friends of the family are Invited to attend the funeral, from St. panic Bplscopal church, Hi ‘at two o'clock, on Tucaday remains will be interred in Greenwood Cemetery. —On Friday, December 1, Joun A. Wansm, ves and friends of the family are invited to attend the funeral, from the residence of son-in-law, P. Di 121’ West Twenty-ninth street, near Seventh avenue, (Monday) afternoon, at twe Wrscour.—On Katara) afternoon, December 2, Bur ery Wreoomr, wife Major Wm. B. von end daughter of the late Henry Bunker. joseleeivos etna Criemts Of the tammy ate-es . Cars leave the New Haven depos at half-past eleven A. M., stopping at the above , December as A. Wras pene wife of Thomas S. Wyatte, the 2ist year er age. Then and friends are respectfully invited te atiend the funeral, this (Monday) after at twe o'clock, from her late residence, 70 Mi street, Connecticut papers please copy. FINANCIAL. ‘NITED STATES TRBASURY, New Yona, November 20, 1808, DEPOSITS OF GOLD. ry of the authority conferred Boren Tae att Haat en of Gold of and endorsed by him, with to proteot themselves by further ‘Those of lesser umounta will be payable to bearer. No, for deposits of coin; but the “coin or nting the Certificates of De e Treasury for payment of the "H, H. VAN DYCK, Assistant Treasurer. A MHPORTANT TO MINERS AND QUARRYMER. PATENT BLASTING OIL. The advertiser is to negotiate for the sale of the Rua fon yO Exrosive ‘AGENT, Blasting Ol, box oiliea. ENTRAL PACIFIC RAILROAD. STATE AID BONDS. INTEREST’ AT THE RATE OF SEVEN PER CENT PER ANNUM, In GOLD. PAYABLE SEMI-ANNUALLY. GUARANTEED AND PAID BY THE STATE OF CALIFORNIA. secured by s mortgage on 160 miles of reed Peet La a ieee ‘ot thetr redemption, SSocnt‘wih bee faved pon torisa which fender by = FISKE & HATCH, Bankers, JOHN. C1800 2 80H, BRS, New ¥% ir oer at venten be ity balane Ss Checked for Fae found and business paper colledions ta al parts oat? S180, aarre this baer ride olen, y wit be the transaction ra ES pon 2 a Sorror, ‘ 50,000, Peo aia rac RORELL, ATTORNEY aa a Sena <—GIGARS AND TOBACCO. ay <SRVEN HUND! a en eee SR elem =a Aumanetneraig 6 tase