The New York Herald Newspaper, May 22, 1866, Page 8

ere — eA 2 ————_——_--———- FINANCIAL AND ‘COMMERCI Moxnay, May 21-6 P. M. ‘The stock marked opened dull to-day under a some- ‘what general dispanition to await further European mows, which, however, failed to reach the city til after Dhalf-past four, prices meanwhile having exhibited a slightly improving tendency. When it was at length Mashed wn the form of private telegrams imto Wal! street, @ sensation and @ semi-panic were the immediate result. ap usual the worst news came first. Consols were reported at 86a 4, Five-twenties 64 a 65, Eric shares #041, Ilivois Central shares 74476. The Bank of Bngland bad advanced its sate to ten per cent, and @verend, Gurney & Co., of Lombard street, a limited Diadility, but formerly # private bavking establishment, dred failed, Orders to buy gold few “thick as leaves in ‘Vailambroea’’ into the specie room, and were as quickly executed. The government broker united the demand til the price passed 1303;, when, after selling about (en millions, he abandoned the fleld and was seen ne more. Immediately the rush to buy was intensified, gnd the price suddenly mounted to 138 and as rapidly , Meciined to 131% a 13134, which was the quotation at hhalf-past five P. M., the market by this time having sub aided into comparative repose. ‘The market throughout the day had been very firm, @e opening quotation being 130% and the Yowest price afterwards 130%, while loans had Deen made either without imterest or by paying 3.44 per cont for carrying. Thearrival of $1,292,095 in treasure by the Arizona from Aspinwall tended to check 4) nome degree the disposition to buy in anticipation of dD gher prices; but this was & mere feather in the scale against the European advices, and the sudden jump in ‘he premium was not to be woudered at. When the woverbment broker, after having gone the length of his tether, left the gold room there was «peculation 10 anxious eyes as to how the money market would be affected to-morrow and subsequently by the sales made on Treasury unt to-day, Would the bauks certify the checks of the purchasers of this gold as usual, it was neried ; and, in the event of their ot doing so, it was con- aidered certain that the government broker would resell the undelivered gold he bad sold for the aevount of the Doyers, as Of course he could not be expected to deliver 3t upon uncertified checks A decline of the premium was anticipated in the event of the latter contingency happening, and & more active money market if the banks cortified ‘There was a good deal of premature alarm in all this, and before the street was deserted by the more ap- prehensive speculators, a press despatch from Halifax giving one day's later news via Queons. town arrived. Conso's. wery now 86% aS, Five-twenties 64 a 66, Erie 44a 45, [linois Central 76 a 78 At the same time a better feeling and general im- Provement were reported in England, and although the continental vews continued warlike there were still hopes of peace. Cotton omthe day of the Cuba’s de- parture from Liverpool advanced 144. (or one cent) per pound. In all we have here described there is not the slightest reason to justify a disturbanee of the money market, or of valuee on the Stock Exchange. England during the ‘war in this ecuntry launched into active speculation, the solid gokd of commerce was beaten into leaf, aud uplim- Ned extension invited a corresponding collapse. The de- ¢line of prices on the London Stock Exchange during the past year has been enormous, and it is only precipi- tated further now because of the troubled and threaten- Sng attitude of affairs in Germany. But even if a far wilder panic had swept th: London Stock Ex- ebange it could hardly have exerted any ‘very material effect upon monctary affairs on this side of the Atlantic. Trading among ourselves as we are on a paper money basis, we are invulnerable to the stings and arrows shot from foreign shores except as regards gold and exchange, and the sympathetic mfluences they may exert. Antecedent to the paper money era it is true the drain of specie last weok, followed by the news of to-day, would lave been sufficient to create a tremendous revulsion here, involving a sus- pension of specie payments by the banks. But the times, fortunately for us in the present instance, are changed, sud we are entirely independent of the European money and «lock markets, except to the extent we have just @ercribed. This comparative immunity from trans- atlantic influence now experienced is almost enough fo make us desire the indeSnite perpetuation ef legal tender notes for domestic tses, leaving our transactions with tho Old World still, and necessarily cond: im spevie—thg universal standard rs gies Pri tase By adhering to the sytem lon enough we 2 OUT paper a8 m ast) ii two 4 eee ef specie, and by keeping it based upon the credit of the fovernment, instead of redeemable im coin, we sball avold to a greai extent, if not entirely, those ruinous revulsions which have hitherto periodically devastated the country; and this immunity from per, this division of risk, would enable us to exert a control- Ning, influence over the money markets of the world. Even now, when it is known that we have shipped early nine millions of gold in a sing!c week without a wingle fuctuation of the gold premium worth mention- dug, it will inspire confidence and sutprise all over Europe. Jt is true the Treasury !scurs danger by pitting ‘Me etrength against the gold market; but we hope it has succeeded; and it may be that ‘‘ali’s well that ends well.’’ At the early cession of the open board Erie sold at ‘7834, Reading 107%, Michigan Southern 70%, Illinois ©ontral 120, Cleveland and Pittsburg 8514 a 34, Rock Poland 93%, Cleveland and Toledo 1055, Northwestern 90— preferred 58%, Fort Wayne 98%;, Ohio and Missis- ppi certificates (b. 8) 28%, Canton 61, Cumberland 464 © 4, Quicksilver (6. 3) 63%, Mariposa proferred 2214, Wostern Union Telegraph 61\¢, New York Central 94:4, Catawinsa Al the first regular board New York Central cloned 3, lower than at the game time om Satur- Gay, Eriol, Reading 3,, Michigan Southern %, Cleve- fend eed Pittsburg = %, Northwestern %—pre- ferred 19%, Cleveland and Toledo %, Rock Island M, Yort Wayne %, Milwaukee and St. Paul 1%—preferred 1, Ohio and Mississippi certifl- ates 54, Canton 114, Cumberland 1, Qhicksilver 34, ‘Western Union Telegraph %. Hudson River was 1; Qigher. Government securities were neglected. Coupon five twenties of the third issue advanced 3s. Among he State rocks Missouri sixes advanced X. At the one o'clock session the market was without spirit, At the half-past two board it was firmer. Read- (ug cloned ¢ higher than at the first regular board, ‘Michogan Southern %, Northwestern {, Rock Island . ‘New York Coptral was ¢ lower, Hudson River 4, Cleve Mand ané@ Pittsburg 3{, Northwestern preferred 54, Ohio end Miamesipp! certificates 34, Missouri sixes ‘y. Brie end Quicksilver were steady. Government securitios ‘sontinued inactive, One year certificates of the new is- ‘Bue sold at 1004. These are sirongly held in view of the ‘Treasury shortly paytag them e® upon preseniation, to She extont of twenly millions, with the view both of re Hieving itself of the surpine currency accumulated in ite ‘Voulte and reducing sts short obligations. At the belf past three open board the market was t 113, Reading 108 (b. 3), Michigan South- 80}4, Cleveinnd and Pittsburg (b. 4) 85), Clevelaad Northwestern (a 8) 26%4—preferrad 3,) O84, Quickailver 5314, Western Mariposa preferred 22. Afterwards Market woe unsettled, under the im@uence «© the European w: nd Erie declined to Tig @ 72, (veveland and Pittsburg #4. 0 ;, Michigan Sonthern 79 ‘a, New York Comtral 051, bid, Huason River 112% ‘DA, Reading 108%, Cleveland and Toledo 106 8 i, Rock Aviand 0336 & 4, Northwestern 2814 » 3;—preferred ST © \, Fort Wayne 988 \ Ohio and Mixxixsippl certifi. onion WY 0 284, Coll loans were marie to he Stock Evel at Gv per cout; bot & few exceptions were re Ported et ix. Fire clase houses had, however, no # Meuly in supplying ‘heir wants at the lower figure. Yhe mMatement of the assorisied banks for the week ie favorable. The egal tender not have increased generally $109,448 and ihe Circnlation $496,605, while the loane Dave decremved $1,990,854. The deponi show a de. ‘Sre drain from the West has vearly subsided, but there B+ ae se! no perceptible outward dram, neither \4 it likely that there will be for some weeks to come, and then not + 6 extent sufficient (0 influence materially monetary + om at Khe centre, The totale of the two Inet Clearing Dioune state 4 irentation Deposity....., dep) lenders ‘The discount tine continues easy, and first class Merrolah paper panen at 5, » 6% per cent. Voreige axebange woe frm et 100% & & for dew! 53 aww sterling at sixty days till the close of business, bat to- morrow rates will doubtless be higher. The course of the market during the past year is mdi¢ated by the fol- lowing quotations for bankers’ bills ‘at sixty days op England at the commencement of every mouth :— 866. + 10934 a — 108 44 0 10835 108% 8 — 271003 @ 106% 109% a — Petroleum and mining stocks were dull. Atthe first board Bennchof Ran Gil closed 2c. higher than st the same time on Saturday ; Electric Oil 10c., Benneboff Run 10¢., Ada Elmore 10c., Gunnet! Gold 10c., New York and Alleghany was 35c. lower; Smith & Parmelee Se. At the second board, Bonnehoff Run closed 15¢, highér than at the first board, selling at $13 25. Buchanan Farm sold ‘at 40c., Central $2 50, United States $7 10, Gunnell Gold $1 08, New York Gold 32c., Benton $1 50. ‘The Aspinwall steamer, arrived to-day, drought $1,- 292,094 in treasure. The following are the receipts of gold by California steamers this year compared with.the amount received during the corresponding period in January January 14 January 27. February 5. February 14. The San Francisco Mercantile Gasette of April 26 reports :— No unusual requirement exists for money. The market ig easy. The treasure product of some portions of this State and Nevada is increasing, and the receipts from ail sourees since the date of our late refvrence amount to $1,050,000, making an aggregate of $3,760,000 thus far during the current month. Bullion is in good supply, and the demand not active. Gold bark have been taken unt by bankers and others this week at 840 a 850, and silver is ranging at % a1 per cent. premium for aver- age grades. Currency bills on the Atlantic are offered at 26 per cent premium on gold; telegraphic transfers are made at 2% per cent premium, and sight drafts, payable in coin, are selling at 1% a 2 pal cent premium; ster- Jing is quotable at 484d. a 49d. for bankers’ bille; legal tender notes are dull and inactive at 793¢¢. a 0c. ‘The exports of treasure to daie have been as fol- lowe: ‘Total sinee April 1, 1866 +. 91,922,566 Previously this year... +... . 93625)614 Total sinee January 1, 1866... $11,447,870 Corresponding period of 1865... 15,264,722 Decrease this Year........6.cecceeeeeeee ee $9,806,842 ‘The business transacted at the Sub Treasury to-day was an follows: — ‘Total receipts. 964, Paymenta . 6,308,383 Balance. 106,697,193 For customs. 311,000 Gold notes, 2,582,000 The disburements of the United States Treasurer last week pmounted to $1,456,891, as follows:— War Depart- ment $111,347, Navy $1,109,286, Interior $236,286. The amount of funds in the vaulte at Washington at the close of business on the 19th was:— United States logal tender notes, small National Bank not Fractional ct $104,378,467 The United States Treasurer also holds as are xrity for circulating notes of national bauke, $323,742,350; as security for deposits of public moneys with banks desig- Dated as depositories, $36,731,500. Total, $360,573,850. The balance in the hands of the Assistant Treasurer ip Boston, at the close of business May 19, was $15,170,822, an increase 0¢ $1,828,874, as compared with the close of the previous week. Of this amount $6,281,246 is in coin, $6,889,576 in currency, and $2,000,000 temporary loans. The total value of exports from Boston for the week ending May 18, including specie, was $680,711 against $321,674 for the corresponding week in 1865. The St. Louis Journal of Commerce of the 17th, re marke :— Financial affairs present no feature worthy of par- ticular note since our last date, The growing ease in the money market which we have heretofore noticed stii| continues, and, if we mis lot the caus this con. dillon f thing, S i ets Seta ir % 4 4 monetary affairs for some time tocome. The la amount of capital required to handle the Beery receipis of produce that are now arriving from the Northwest, docs not seem to affect the money market to any extent, dealers having no difticulty in procuring all the capital they require at the regular rates of discount, We clip the following from an exchange :— The Mississippi and Missouri Railroad isto be sold about the 25th of June, at Davonport, under a decree of foreclosure rendered on the 1: instant in the United States District Court at Des Moines. ‘The decree fore- closes all the mortgages on the road, viz:—Virst and ‘second es on frst division of Davenport to Towa City and Muscatine: on the second division from Iowa City west, including the lanas granted by Congress in atd of the road; firs Mortgage on the Oskaloo-a division, from Muscatine to Washington and west, aud the second land bee | mortgage, oes : get road, te ‘oure found that there is due upon several mortgages the sum of $7,452,545 a, ot entered & decree for that amount. It will be bought by the Rock Island Railroad Company, or the capitalists who conirol that company, organized as a new compat The sum at whch the road 1# to be purchased is fixed agreement among the bondholders at $4,600,000, to divided as follows;—Firet mor first division, an the p=) bere vee tts, pares on that mort. je and interest to July 1 par; second mortgage, HS division, 80 per cent of principal. Oskaloosa divi- sion, morigaze, meluding income bunds given for in- u mortgage, 62), per cent of principal. 70 : second copatruction, 30 per cont of principal. Stock 16 per cent, This, with-the expenses of foreciosure, ‘&c., will absorb the eotire amount of $5,500,000. The Chicago and Rook Island Railroad meee on bg, | Possession Of the Mussissipp! ani Missouri Rallrowd, will | ost to eatend it westward to Des Moines end the ineouri, . " New York Stoch B: je. Moxpay, May 21, 1806 BRRMON—10:30 a. M. satattat "sf i 583 A - z rs bt 28% 2% Mich Pita 2 . 1085 ib 17 mn” m 4 Kk 33 a 6 seunguaveseaiid j 235 eS 1 iv He er ea S33SES228S = - 70% THIRD SESSION! os 108 s 3 A = 1 OR. 6 1000 US 6's, 1040 5000 do. os ci = 33982532353333 ee2aeus = s g 100 N'Y Cent RR... sx 30 Chic &RIRR.. 9 400 Erie RR.....b10 78% 100 Mor&EsxRRbiO 90 300-- doves... 7836 CITY COMMERCIAL REPORT. Mompay, May 21-6 P. M. Asums.—Receipts, 16 pkgs. The market was un- changed in every respect; small wales pot realized $7 1234 @ $725. Pearl continued nominal and dull for lack of supplies, Bueavetervs.—Receipts, 19,974 bbls. flour, 7,000 bush. els wheat, 51,958 bushels corn, 44,265 do. oats, 6,6; dull and heavy atthe reduction, with sales of #,000 bbls. at our revised quotations amvexed. The market for Southern dour was dull, with » dewnward ten- dency. The sales were 380 bbia Canada flour neaertal and the business was light and mainly at fave the buyer; in some 10c. per bbl.; the ‘caly ‘reechod 300 bbls. Rye flour was inactive, he) ed were without noticea. ble change; we note sales bbls. at our quotations. i [ A = = $436 for Brandywine and $4 20 for Fal quote:— Superiine and Westera a Extra State 9 ws Choice S'ate. or eens sSeesseces BonebeSE Scoot SSSSssussesyss ere Hh ¥ Ft «= ‘amber Michigan, and $2 05 for kee, Corn advanced 1c. per bushel under an mand; the sales were 73,000 bushele at 79c. « 820. for new mixed Western, afloat; b23,e. a 833<¢. for old do., in store,and delivered; 84c, for round, 58c. for new Western yellow, delivered, and 76c. a 780, for damaged. Rye was ‘but quict:’ the sales were 2,000 bushels Canada at $115, Oats were in demand at ‘an advance of ic. per bushel; the sales were mainly at 50c. a 65a. for new ‘Western, G0c. a Ble, for old do, aud 65c. a 65 4¢c. for State. Barley and malt were dull and nomi & = é & Coston coutinued in vigorous demand for speculation and ehipping, and prices further advanced on all quali- ties, particularly on middling grades, which continued scaree and offered very sparingly, even at the improve- ment. The market at the close had strong indications in seller's favor, with sales of 4,100 bales, mainly at the annexed prices;— Upland. Fiorida. Mobile. N.O.aT. 3h 2. 88 33 35 35 36 37 38 38 39 39 Good middling. .. Al 42 42 43 Corre was dull of sale, but holders were unwilling to make concessions in order to effect sales, and the mar- ket was nominally steady at previous prices. A mode- rate business was done in good and prime lots from second bands, but no sales were made of cargoes, 12,693 bugs Rio arrivod to-day by the followin: veesol Aimanda, 2,130 bage; Lord Baltimore, 6,345 bags, and Olivia Davie, 6,218 baga. We also nots the arrival of 3,087 bags Laguayra ox steamer Vicksburg. Stock of Rio to-day about 106,000 bags. Coat. —The Pottsville Miner.’ Jiwnad of Saturday re- “B.A. Sothern, Esq. From afew members of the Lon- don Stock Exchange. For spirits and hot water, Pre- «| Benté@. td ‘one who hes administered the laser to the former. 1866.” THE LIQUOR QUESTION. ess at the Excise OMice—An Inter- esting Case to be Tried Before the Board 'To-Day—Applications tor Licenses on Staten Island, &ec. About one hundred and fifty applications were filed yesterday at the Inspector's office, making the aggregate number of applications for license thus far received five theusandfive hundred. The receipts of fees amounted to four hundred thousand dollars. At the mecting of the Excise Board this .«fernoon the first case for violation of section twelve of the law will be tried. This section fe one of the most important in the whole act and reads as foliows:— Section 12, No sball sell, give or dispose of, and no person. licensed aa heroin providea, sball sutier any person for, under ar employed by him, to sell, give or dispose of any sirang oF spirituous liquors, wien, ale or bo-t to an habidual drunkard, o to any intoxicated son or persons then being under the influence of liquor. ‘The case is reported by the Inspector of Excise, Colonel Bertram, on the complaint of a man nawed Samuel Ma- gill, residing at 77 West Thistieth street, who alleges that Owen Kenney, a liquor dealer, who keeps a place at 424 Ninth avenue, sold liquor to his (Magill’s) wife, when she was in a state of intoxication; and that after drink- ing in Kenney’s store she fell down in the street, and was subsequently taken by @ policeman to the Jefferson market station house, on charge of drunkenness, ‘This is by no meane a rare breach of the new liquor law, and the decision in the case will be of interest to many and the liquor men in particular, which latter class will then ascertain whether they can continue with im- punity to violate the latter of the law in this respect. ‘No matter how the act may be in other sections, this one is generally admitted to be both requisite and judi- cious, and its rigid enforcement will mect the approval of al! honest thiukiog mon of the community, APPLICATIONS FOR LICENSES ON STATEN ISLAND. 1UDR OOMALU, YUBSUAY, MAY 22, 1866.—TRIPLE SHEET. THE FLYING SQUADROWS. A Fleet of Swét Naval Vessels Bullding for Special Service—Deseription of the Frigate Ammonoosuc. Orders have lately been received at the Boston Navy ‘Yard to recommence work upon the new steam frigate Ammonoosuc avd push that vessel to completion with as mech rapidity as possible. It is said that when com- pleted the Ammonoosuc will be assigned to duty as flag ‘ship of a new squadron, to be known.as the South Pacific ‘quadron, ‘The Ammonoosuc is one of a fleot-of six vessels, order- ‘ed in the closing year of the late rebellion, and consist- dng of the Neshaminy, now being fitted for service at the Brooklyn Navy Yard; the Idabo, aow preparing for her 4rial trip at the same place; the Wampanoag, fitting for service at New York; the Pompanoosue, building at Boston Navy Yard; and the Madawaska, now nearly ready for service at Now Work. These veesols have all been designed and constructed with a view to ‘making speed the paramount object, and the public will shortly have an opportunity of comparing the relative merits of government built vessels with those constructed at private yards, The Ammonoosuc -is'said 40 be the sharpest propeller man-of-war ever built, and Mf there is anything in her model, she possesses all th> requisite qualifications to make her the fle-test vewel atloat, She was built from drawings furnished by the Bureau of Constraction-and Repair, and under the super- vision of Mr. W, 1," m, Naval Constructor, to Whose skill we are indebted tor some of the finest vess:ls iu our bavy—among which we may mention the Monitor Monaduock, now attracting so much attention for her Unprecedenied performances while on lier vovuge to ; Code of the constitution have remaiued without effect e"Pregaiat Was could hot, be moro popaler nor more P: “ ‘reagan doopey rocked iu the public mind, since all efferts ta prevent their expansion have proved fatile, notwithstanding the persecutions of which they have ‘deen the object, and that those found to adhere to them hav been expelled from the body of pational repre- beniativer. Their influence has, on the contrary, he- come #0 preponderating in all’ parts motiings and assemblies have been publicly bald, undyr thedenemt paaptnation hear ve , within the last fow yer 4 iy, wi neral Prim’s programme, wl flag he has raised? My fag,” says the people's chieftain, “is jast manifest Dwxressist committee, With it im my hapd ¥ shall feb with my accustomed energy against that government Bin Aiphone sochmed mee and rains us at home; which way, ? yy all foreign Powers, and has dragged us to the verge f in of Africa to that of St, Domingo, From the cam) as well inthe qu of the Mexican interyention as in those of Venezuela, Peru and Chile—in all, the men of Vicalvaro have conducted themseives in such a man- ner that, without satisfying the just demands of the harboring any é dice or malice in their international relations, a ooh | izvolved in grave diffloulties at home. | The principles involved in the movement engaged in by General Prim are oxplicit and decisive, Down with the camaritia! Liberty in all things and for al! Away with all drags on internal commerce! Abolition. of the. conscription! Each one of these mottoes constitutes in ! itself a ca ise sufliciently just and efficacious to rouge 10 energy the deceived Spanish hae Thou, too, sunny Cuba, and all ye regions of both Americas, you ‘are called to regenerate your Bitten existence, like all the nations of the earth. ¢, then; fullow the only path that cam lead you to | j the of & ion and justice come for all. } Join “in my iain to “That ferment chief, whe, ' } Facitic, Her dimensions are as follows:—Lengtl be. tween porpend.culars, 836 feet; leugth over ali, 364 feet; extreme breadth of beam, 441% feet; depth of hoid, 23 feet 1036 inebes; tor (old measurement), 3,213; new Ineasurement, 2,019; displacement in tons, 6,008,’ She was launched on the 2ist o July, 1864, and now requires but very little to place her in’ seagoimg order, paving “been early completed before ihe order was Issued to suspend operations upon her, Th: accommo- dations for officers and crew are ample, the cabia tho use of the commauting officer being ‘unu-uuily spacious, while the ward room and steorages are very jarge, weil lighted aud ventilated. ‘The maga- Yesterday was signalized by the reappearance on the Dench of Mr. Commissioner Acton, quite able to take his accustomed protean yéle of justice and clown. Appli- cants for licenses were heard from the Fifty first pre- Cinct, comprising the villages of New Brighton and Edge- water, and the towns of Castleton, Northfield, Southfield, Westfield and Middleton, in the county of Richmond. Captain Holbrook appeared to answer for the district, Jobn T. H. Jones, Canal street, Stapleton, near the ferry. Decent, quiet place. License granted, Geo, W. Chambers, Bay street, Clifton, Vanderbilt Landing. Quiet and orderly, License granted, 8. L. Lewis, Bay street, opposite Vanderbilt Landing, Vanderbilt House. Hotel and restaurant. Reported de- cent aud orderly. Avpricaxt—T have obtained a blank, Mr. Actox— What did it cost filling ap? Avriicast—One dollar, We have @ justice, von ree, and he told ine to come and fill it u, and I paid him one ollar Mr, Kexxspy—This is the first Fenian bond I have seen; itis a Fenian tax, All that I have to say againat you is, you knew the law was in force and yet kept open all day Sunday. ports:—The quantity cent by railroad this week is 83,270 by canal, 24,720 tons—for the week, 127,990 tors, jast year. Against 16,995 tous forthe corresponding Wook For the season this year, 3.605,264 tons; Jast year, 2,670,739 tons; increase, 834,625 tons. Frmuns were very quiet, aud nothing to speak of was taken for Great Britain or the Continent. he en- ements were:—To Liverpool, 25 hhda. tobacco, at Son The charters were:—-A brig, to Cork, with orders for grain, 48. 34. ; ip, to Glasgow, corn and rye, pri- vate; a bark, to Greenock, tar, private; a brig, South- side Duba to'New York, private, Hors were steady, with a modorate demand. We note sales of 70 bales at trom 5c. to 65c., as to quality, ‘Movass:,—Considerable business was done in lots to the trado, but sales on a large scale were not heard of. The market hardening tendency, ‘at the following pricen:- New Orleans, per gallon, Bic. a $1 10; Porto ico, 60c. a The. ; Cuba mnscovadd, 45c. a 0c, ;’ Cuba, clayed, S4c. a 426, ; English Islanfis, 45c, a 65c. rsioxe. —Receipts, 608 bbls, pork, 998 packages cut meats and 335 do. lard. ’ The pork marketfopened higher 2 3 and moderately active, new mess closing at $30 cash, The sales embrace nearly 11,600 bbls, at $30 $31 for now mess, $29 a $29 for old, and $24 25 a $24 50 for prime. Also for forward delivery, sellers’ and buyers’ option, about 7,200 bbls. new mese, mostly for Juno and July, but part for August, at $20 50 a $30 8744. Boot was ver , Dut not quite #0 active. The sales were about 700 bblz, mostly at $16 a $21 for new plain mesa. Also 100 tiorces prime mess on private terms, Beef hams were offered sparingly and the market was very firm with a very reduced supply. We note sales of 100 bbls. at 47 a $48. Bacon continued quiet and naa with no salet of mo- ment. Cut meats were in lerate request only, but Prices were & stained. The sales were 450 pack: at 1240, a 13%. for shouldere, and 17}¢c. « 18%c. for bams. The transactions in lard were light, The market opened firm, with 22440. for an outside price for choire Kettle rendered in small lots, But the sales, comprising 700 packages, were mainly at 19¢. a 22c , closing heavy. Bu!- ter was inactive, at from 30c. a 40c. for West ‘rn, and 35c. a 40c, for State, Cheese wag dull but steady, at 10c, a 20c., as to quafity, buein somewhat ge Bag tho in le faleg jnglude 3,0 Dia at 28340. a Stie. for Fide thes Be BoP felived, in bond, and 57¢. a 58¢, for refined, free. Rus, in small lots, was in demand, but no business of importance was reported. fe quote eon dr. xsed, Per 100 Iba., $9 a $9 3734, gud Carolina $12 a $13 26. rt , and prices were a ehade VUAK was in active Wl 6 roo covado on a basis of 1 Sining, and 1046. a 11 Aleo 80 boxes Hav: steady at previous pr at 1c, and A coffe 14%\c. 0 14% ‘Towacco was dull but nominally unchanged. were very light and not notewo: Ta1tow was less active and Jo Wha., at 120. a 12%. Wmaxry.—Recoipts, 8 bbin Gull end nominal at prey i The ealer Ab wales of 160,000 ‘The market continued het Reports. Puraveurm:, May 21, 1866, Petroleum unchanged. Vlour dull, with 9 dectining tendency; sales unimportant, Whent dull; red $2 40 a $2 60. © Corn firm; salee 14,000 bushels yell 16. And 25,000 bushels ‘white at #2c, Cotton firm ut Be. & 3c. for middling Sugar and cofiee (ncbanged. Flax: seed wanted at $3. Whiskey duli; Pennsylvania $2 24 4 $2:26; Ohio, $227. Stocks inactive. Pennsylvania b's, 90; Morris Canal, 76; Reading Railroad, 63%; Pennayfvavia Railroad, 4X. ‘Gold, Light exchange on New York at'par. Cattle’ market dull; beeves—salow, 1,400 bead at Ide a 183s, » pound; sheep—saics, 10,000 lead at 6 per poond, rom; cows dull and lower; sales ‘at $40 » $85; hoge dull; sales 2,000 bend at $13 a $14 50 per 100 pounds, net; the latter rate for corn fed Burraro, May 21—1 P.M. Flour dull, Wheat searce and firm. but quiet, Corn dull; sales No. 1 at 660, Oats in moderate demand; No. A Chicago at 44e. Rye, peas and barley unch: Mews pork, $31. Lard,224<c. Whiskey nominal. i Freighte dult—13e. on wheat, He. on com, Tie. & 70. on oats, to New York, Receipte for the last forty eight bours—10,204 bbis. flour, 46,604 bushels wheat, 35,478 bushels corp, 178,63 bushels oats, 16,700 bushels ‘Onwreo, May 21-1 P.M. nged. Wheat firm; sales new amber In- diana at $ . Corn few; No. 1 Indiana held at To, ; tales 15,000 bushels, per camy 66cm 66140, Oats held at ‘4c. © S0c. for Western, Canal fr-ighte un- changed, 40. on four, #sc. OD Wheat, So, on corn, to Now York. Literary. The Emprese of France has arranged that lectures ball be delivered thre times a week at the imperial asylum at Vincennes, in aid of a fund for the relief of workmen recovering from Mines, A large number of F.ench gentlemen, distingui@hed im literature and sei ence, have tendered their services, and an inaugural ad- drees has heen spoken by the Archbishop of lari, At the royal literary fund dinner in London, Mr. Kings- ley was called upon to respond to the toast of “the His torical and Imaginative Literature of England.’ As for imaginative literature, be said if the world con: tinned to go on as {t was proceeding, lad ‘upon to Fuld) this duty. Where would men such poets as Mra. Rossetti, Mrs. Jean Miss A. Proctor? Or who could write auch works. prose fetion aa the authors of “John Halifax” or “Ro- molat’’ Informer times men alone dealt with litera- tare became 5 bet more delicate were the bends which wiclded it, If he could give any advice to young men how they might es- bi Wials and troubles that wight beset the! ih ras hay onenetor cots Sra os 0 and workbouse—it would be bj ry marrying @ , and himself di to Frere ni and seng ical own. the bambi French official reports, just received, go to show that the taxte for historical studies, now #0 prevalent in Eu- Tope and America, is beginning to penetrate into and extend in the East, The town of Edcemiadzin, near Mount Ararat, in Armenia, the residence of the patriarch, contains a library composed of three thousand Armenian ‘MSG, of which the literary world was hitherto ignorant: A catalogue of the cofection bas been printed, It re- Veale the existence of unknown works by the fathers of the church, and of fragments of Diodorus Siculus and of Aristotle. The patriarch states that those manuseripts which have been kept secret will be for the futare not only open to examination, but that extracts may be taken for learged men in ail parte of the world if they pay the cost of copying: Peoreigm Theatricais. A number of members of the Btock Rucbange, London, have presented @ testimonial to Mr, Sothern (Lord Dun- teary), the actor, They approve highly of his recent course toward the spiritesiots, Baglieh and American. ‘The testimonial ia is the shape of an immense silver Gricking Cum The cup hae the fohe~ ing inary mine — Arriitant—I acknowledge the corn, sir. Mr. Acton—Well, what 18 your intention now? Arrticant—I have spent a deal of money. Mr. Actoy—That’s not the point. What are you going to do now? Avriicawt—I will take care to obey thé law, but I hope you will send police to protect me. Three-quarters of the dealers won't close they say. Mr. Kesxgpy—Tney will, though. Mr. Acton—You have only to obey the jaw. If you gk you will lose two hundred and fity de That's all. Apriicaxt—I keep a hotel. Cah I give liquore to my guests on Sundays? Mr. Acrox—You must not sell over the bar. You must not sell on Sundays. APrLICANT—Sq} ‘T remove my liquors and sell soda water on Sante Mr. Actos—You had better stick to your hotel. Your face 1s enough for me, but another man has not as good aface, You might do wnat was right, but others would not. i AvPuicant (evidently pleased)—I believe you are right, ir. Mr. Actox—Stick to your hote!, Good morning. Much obliged to you fer coming. . Ezekiel Taborine, Bay street, Clifton, Vanderbilt land- sag, Been open two weeks, Licensed to sell all kinds of liquors, Bernard Lepoll, Castleton. Lagor been. Granted, George Tally, Jersey, New Brighton, Baltic Hotel, Orderly place. ’ License given. John Donaldson, Bay fan ba sronen Middleton. Boarding house, T.icensed fo sell malt liquors. Mr. Kexxepy (with an air of wisdom)—I find moro temperate people in Richmond than I expected. ‘Mr. Actor. re afver you leave the ferry. lew York avenue, Edgewater. Ordorly. aM Ing hie eyes)--Ob, 1 Kuow y ir. Kewxeny (rollit eyee)—Ob, I know your place; very good ey T ‘know ait ihe rum shops around if they only let me have the right directions. (A langh.) Tom Quick says “I used to drink brandy and smoke cigare at Tom Reilly's, I didn’t drink brandy then, be- cause I coulin’t get brandy; and, as I havn't ey gigar since twenty-two, I couldn't smoke in ily’ The next applicant was James Sweeney, Tompkins Jolin Metcalf, Halltay House, #-enue, Pactoryvilie; whereupon Mr. Fenneny. said:— Sweeney, what sort of # house do you keep? You'll say ‘ good house, I su} + Your you'v homing character be sta re to be noisy and disorderly. Wours is the first place that has been opened to-da) without a good character. We will grant you a trial, ‘Apriicaxt—I have been sixteen years in one place. License grant ‘Owen bon ue, Factoryville, corner of Broadway and Franklin sireet, Jately kept by Mrs. Kilen Donahue, his wother in-law; kept it bimself from the let of nay. Re- ferred to captain. Hugh Campbell, Broadway, Pactoryville; quiet and orderly. Licensed. Dominick , Tompkinsville, rear of Quarantine. Mr, Actox—| houge in futuret ABLE. you suppose you can keep an orderly Yee, I think so, bi ¥ IT have always tried to quiet, oN—There are noises around that hospita)d & wrucas— We Ought not to pay so much as New York; we only do business four months in the year. Mr. Actox—, that is sufficient, gp ores would ‘ond Welt — os ir, ACTOS (patronizingly)— we will let you have six this time, We desire to elevate you over there. Arriscaxt—Then give me an appointment on the po- lier. dr. Acton—We would have to break you off the liquor business 6 iret. arriicaxt—Can hotels remain non Sunday? Mr, Actor—Yes, but not to eell liquor. et ate dafaned co atgca hematin Licenee granted. Fr. Acton to argue Jobn Stephenson, Columbia street, Castieton. Decent and orderly, Licensed for sale of beer and ale. Thomas Huinlan, Morning Star row (Park row), about ove mile from Port Richmond. Had it ten yeam. Li- ceneed ale and beer. Arriacaxt sorrowfully inquired whether he had to pay the same as New York Mr, Acton—(briskly)—Yer, you ought to pay more; you are further off. Arrucaxt—We don’t do so vig a business, It is very Mr, Acton—Wo want to make you first cinss. Arrucart dida't seem to see it. Morne Atatox, Myers Grove, Long Neck. Cap I get a license for less inan a yoar? 1 only do business during three montha. ‘Mr, Acrex—No you can’t, That's the law. e al Thomas Port Richmoud (Steamboat Hotel). License wanted re. rarah Burger, mother-in-law of former Pr His Wagaya once the pleasure of dining thee ee ee Wilt Kili John Belser, Belrer's , Four Corner. Malt non 7, Sartore "004, neor the abare, License Nicholas Kilimeyer, on road between Tottenham and Rossville, Licensed to sell inger beer. Camielic Lavand, Rossville. Licensed as lager beer John Kron, Tottenvilie, close to landing; reported 3 —C1 Y Ir, Kexwnpr- ie pee re have A. Miller, Richmond county. License VIOLATIONS OF THE BICISE Law. Bamed permnns were ‘The exer zines, shell storerooms and quarters for the crew are all that could be desired, much more space being allowed fur the last yon, pie than is-usual on beard of a war vessel of her sizé and build. Her armament will consist of sixteen broads.de guns of ten and elven inch calibre and one pivot rifl: on the forecastle deek. The machinery of the Ammonovsuc was built at the Morgan Iron Works in this city, {rom plans furnished by the Chief of the Bureau of Steam Enginevring, Mr. B. F. Isherwood, and is of the most powerful description, consisting of & pair ol direct acting eng nes, with cytin: der one hundred inches in diameter and’ forty-cight inches stroke of piston, They are geared to the propeilor shaft in a ap emcee of about two to one, aud are fur- shed with double ported equilibrium slide valves, cut- ting of at two-thirds of the stoke or less as required, by the well known link motion. The condenser is ot ‘the surface kind; it will contain 7,168 seamless brass tubes, aud have separate air and cireulating pumps for cach engine. With the maximum steam pressure aud revolu- tions, the engines will work up two fully 2,500 horse power, The pistons are to make 45 double stroses por minuto.with a max.mum steam pressure of 40 Iba. to the square inch. There will be e.ght man and four superheatng boilers, all of the horizon:al tubular \ype, having a total grate suriace of 1,128 square feet, a tial Water-hoating suriace of 28,300 square feet, and a total steam superheating suriace of 2,848 square fect. The main bearings are four feet in length and e.ghteen inches in diameter, and, like all the important bearings on these engines, will be itted with the most approved lubricat- ing appliances, The steam pipes and stop valves are 80 arranged that the steam from the eight main boilers may be pass d directly to the engines willout being superheated, and fy Portion or the whole of it may be conveyed through the superheating boilers and its lew- perature elevaed to any desirable degree. ‘The spaco ‘occupied by boilersand engines will be 172 feet, fore and aft, below the water line, and consequently out of reach ‘Of shot. The Ammonoosuc can stow 475 tons of cval ou ber berth deck aud 6265 tons in her hold, making in ail 1,000 tons, which is, we believe, the largest quantity ever carried by any yowsel in our navy. The engines of the Ammonoosuc possess more than or- dinary interest, not alone on account of their g guntic proportions, or because they are applied to one o the finest vessels ever built but ‘owing to the fact that they have been constructed to compete with the engines gen- erally adopted by the Nuvy Department for our large screw steamships how under completion. This class of Vesuel attracts much attention from the naval Powers of Europe, in consequence of their size and exormous st am power, and although such matteré have heretolore ex- cited but litte interest among the American people at se, recent events have awakened a desire to know whether wo are prepared for a contest with our trans atlantic neighbors of England and France. This question wil be answer.d when tho trial trips of the splend'd new flect of screw ingates take place. As regaids the Am- Monodsuc we have no doubt that she will provea devided success, being furnished with every known appliance, both of hull and machinery, calculated to make her the swiftest war vessel of the age, Historical Sketch of the Spanish Cortes. TO TRE EDITOR OF THE HERALD. New Youu, Feb. 27, 1866. The Spanish nation is just now passing through a pe- riod of great trials, The cause she is defending is one of ife and death for ber future. ‘The natives of the Iberian Peninsula are generally mis Judged, without taking into account the circumstances ‘by which they are surrounded. They are unjustly de- preelated. * ‘The Spani¢h peaple are, generally speaking, liberal in their convictions, in their character, and even in the very letter of their institutions; but a deplorable conflict has almost always existed between the magnates aud tho people; between the thought and the practice of those same institutions—a struggle, in fine, between chimeras and realities. Spa'n is ever desirous of reaching that beau idea! for which the greater part of the nations into which Europe is divided have ever sighed in vain. In the same way as England obtained, under the reign of Jobn Lackland, a magna charta in 1215, which was conirmed afterwards by his successor, Henry DL, and whence the liberal institutions of that great people may be said to proceed. Just as France obtained in 1814 a charter given by Louis XVIIL, and remodelled m 1830 by King Louis Philippe 1., failing once more with the same king in 1848. In the same manner, and with a better right than any, other power, Spain can bvast of her celebrated assem- bites, denominated Cortes, so famous in tke history of the k.ngdoms of Aragon and Castile. In early times the Cortes consisted of the feuds princes of the monarchy and high dignitaries of the ebureh, who were in those days the grand power, many of whom were men of brilliant genius and distinguished as pablic representatives, H if i : iH : H Hi : 3 i i Ha ity iy | z E 4 { rr PEL dt 3 Plot Fifty-sixth street, Sixth streets, Fifth avenue:— reas S2ohb sesseRs gop SSeee Lt. Lt, 683. a. secs, 7,000 66. Fifty eighth street and Sixth Lt. Lat, despising all o:her considerations, has rushed into open. Contest, followed by the Nouvelas, the Contreras, Milan, Gamindez, Bartua and others still, who have. initiated +i {he <lorious example of the Padilins, Riegos, Torrijos and ] ys. In the words of Goneral Prim, “Tho supreme moment, has arrived when the revolation is our country’s last ro- source and the first duty of every man of honor, ”? ia M. A fe V, Sales of Corporation Real Estate. H ‘Yesterday a sale at public auction of real estate, the 4 Property of the Corporation of the city of New York, was held in the Exchange Salesroom, ag 121 Broadway, condutted by Messrs, E, H. Lualow &Co,, and under the direction of the Commissioners of the Sinking Fund. ‘Tho property hes up and down town, from 130th street, Third avenue, to William street, in the vicinity of the Battery—a long range and great diversity in locality and value, sale, the spacious room was filled to inconvenience, the scala descending to the room being occupid by those whose pockets were bursting with dollars, or whose curiosity must find vent or they should explode from excitement. At length th> hammer was raised, Commanding silence, and tho race of menced, The biddings in several instances were furious, and an unlucky competitor, whose bid of ‘‘one handred dollare more” was nearly keeping musical time, but jus: half atone behind the stroke of the hammer, was the object of general shout of merriment at his cxpense However, the sales proceeded v gorously at the following TALS :— Plot im Thirty-fifth street, Third avenuo, 266x171. At twelve o'clock, the appointed tim» of purchase com. sold for.. Southeastern cort of Sixty. $7,000 900 000 8700 9,000 9,200 2 10,400 4, Northwestern corner of same:— h tat, THE LATEST ADVICES RECEIVED AT THR NEW YORK HERALD OFFICE, May Feb, 22 Alexandria. Egypt. Apl. 20 ‘ “dea. 13 ; arroyo, ‘ape at 5 Avekland, N. 2... . P fiers feria oar. 38 4 w eland BS ae ei ae 2S Bar! a aes . 28 Batavia, Ja\ 16 7 Bathesst, Afr Mar, 28 12 Belize, Hoo age 8 7 Bermuda. Mow Orleans. ry Bogota, Dec. Naevitas, May 4 Bvence ‘Mar. 28 Pavers, May 2 rb i Nar. 38 F4 Penang... Fam Win 8 Perote, Mex. 6 maak 18 Ponor, P.R.. mie ‘B. Mar. Portau Platt, St. Do. Mar. 10 Jan. B ye epee Ap). 2h » 10 Port Royal, April 23 ee targenirss a 7 Fuerte Cabal, ¥ou.-Aph. 8 2 1. Mar. 26 e ® Rio Bray). Mar. 16 Dec. 9 Rio Hache. Dec, 2% ‘ape Remedios May & . 10 Rio Janeiro z= Li April 6 Rosario . we {Feb, 16 iS bow. inept 12 Gan Bias... sdan. & imi Eile | Feb. 4 N. | Miy 32. Serral i s : isis 3 8 ee 12 Bt. Domingo ot a . . Thomas: .May 8 Somatra Apel Sydney, WW Deo, 12 fate ke "de Cubs. — Falpacaite, fora Crus, Msg Exchar - .