Subscribers enjoy higher page view limit, downloads, and exclusive features.
FINANCIAL AND COMMERCIAL. @ Turspay, Lec, 22-6 P. M. The adjournment of Congress has postponed one topic of discussion in Wall street—viz,, the action of that body an reference tothe finances. There 1s, per- bapa, an occasional reference to Mr.Morton’s bill, and the great mass of the mercantile community charac- torize his project as impracticable. Reader, have you ever gone to Europe, or to Canada, or to California? If 80, you wi! recollect the feeling with which you contemplated the exchange of your greenback dol- lar for the seventy per cent of coin, In vain you wished the dollar to be worth the Freneh five frane piece. You chafed because the }vbitant of Montreal refused to give you four silver quarters, You were angry when the San Francisco suopkeeper called it seventy-two cents, It was a dollar to you; Why should it not be so to them? ‘The -wish or the desire to have it raved as you used to rate the dollar bill in the times before the war availed you nothing. You had to exchange it at a discount. No anxiety on your part can make your fund of greenbacks equal to their face value in coin. Jt 18 precisely the same case with the government aud {ts currency. England, in the beginning of this century, with ali the wisdom of Pitt to guide hey, passed thirteen acts to compel specie pay- 4, but all of them failed to force resumption on. tue partof the Bank of England, which is the source of paper money, just a8 our government now is. It was only after the fourteenth law on the subject and afier twenty-one years of suspension that specie payments were resumed. No Congressional enact- ment can fix the time in our case. Resumption and tie appreciation of greenbacks must be left to the natural laws of trade and inust be predicated upon the development of our resources and a healihy management of their business by the great mer- eaniile community. ‘vhe money market to-day was invested with featnres of unusual interest on account of a eudden activity experienced soon after twelve o'clock, or Wihea the bankers and brokers began their inquiries. ‘The rate oa call loaus varied from seven per ceut, sereney, on mixed collaterals to seven per cent, cola, of governments and seven per cent, coin, and a commission on the ordinary securities. Both these were the exceptional rates of the day. A great por- ticn of the business, if not the principal volume, was ven per cent, gold. Tiis activity was said to thout stringency, for money was easily pro- \atthe exorbitant rates demanded, showing 1 good deal had been hoarded against the ex- d scarcity of this season. The remaining days ihe year will doubtless witness a continuance of tus aetivity. The banks are contracting their loans much as they can consistently with their interests, in order to make a good appearance in the quarter- ly statement, Money, again, is hoarded by mer- chonts for the wiading up of their year’s accounts. The activity of the etock market and the dis- position to speculate produced by the buoyancy in the various stocks resuiting from the New York Central affair keep money in constant demand among the operators, who would otherwise lei the remainder of the year elapse without doing anytiing. The prevalent impression is that these causes of stringency will pass away with the advent of the new year. The banks, after the quarterly statement, will be at berty to expand again, while & large quantity of interest money, arising from national securities ‘and various bank dividends, will be set free. The remittances to the West an? Sout!: are dimipishing, and those to the former region wii have ceased altogether as the demand for tie pack- ing business Wl have been satisiled. in discounts the market was dull and withont in- quiry, the resujt of a weakening in credit produ hy the failure of a large dry goods commission honse. ‘There was no concesston in rates, however, and tle best paper was held at large figures. It is almost impossible to give quotations, a8 prime names were held at the Most singularly diverse rates, Foreign exchange ought to have been anfinatea on account of to-morrow’s steamer; but either the Jarge business of yesterday had satiaticd the demand or there was an indisposition to buy at the advanced rate. Prime bankers’ was marked up to 1094 on account of the previous large inquiry; but litle was done at this igure. There was a consequent recourse to good bankers’, which ad- vanced to 109%, a 109%. The declme in governments iu London on Monday stimulated activity, and the altempt to keep up the rate to-day, after a recovery of governments in London, was not atiended with SUCCESS, Goid was weak throughout the day, <A few trans actions in the early forenoon took place at 195%, bul the price at the regular opening of the board ‘wus 15544, from which there was @ steady decline to itt during the board, with a recovery to 135 at three o'clock. ‘This figure was not sustained ta the subsecuent dealings aud the price returned to 15°¢ before five o'clock. The activity of money was Tetiected in the Gold Room, where borrowers, anxious jeep the currency, paid from 4 to 5 per cent ordi- y and 6 to 7 per cent exceptionally for carrying tal. The transactions at the Gold Fxchange li be seen from the total ross clearings, $69,244,00: 30; currency balances, h were yalances, $1,788, 476, sre Was less speculation in government bonds, to the high rates which it would have been y to pay for carrying. The regular jnvestment demand was steady, if not slightly actvé, in view of the approach of Interest day and o desire to reatize the three per vat gold interest which, it 1s stated, wili be paid a few days in advance of the first of the month, There was a recovery at the morning board from the de- pre-sing effects of the cable despatch announcing a decline in bonds at the London Exchange, and prices Temained comparatively quiet for the reat of the day. The closing street quotations towards five o'clock were as follows:—-United States sixes, 1861, Fegisiered, 1083¢ a 100; do., coupon, 11444 a JL 5-20"'s, registered, 1055; @ 106; do., coupon, 1862, 110. B 110%; dO., 1964, 10644 a 106 10., 1865, L072, @ 107}, do., NeW, 1805, 100% a 110%, do., 1367, 110 #11044; do. 1865, (10% @ 11044; 10-40's, registered, 102% & 102%, do., COUPON, 105%¢ @ 105%; carreucy boda, 9914 a The border State bonds were without any new feature, and prices remained duil. A concession in 4 Was counterbalanced by an improvement ‘her; 80 that the average figures were steady. little furry i likely to take place in North Coronas on account of an apprehension that the Stat: government will be tempted to increase lis aleb by some six millions in aiding the movement for + reconstruction of old and the building of new roi svads, Which seem 80 popular in the South just new, The amount would thus be Increased to the vicinity of thirty millions. The folowing wo! © the closing quotations at the board and of “ti cay, for there waa little, if any, disposition to Si anything on the street: —Tennessee sixes, ex- m, 60 ® 69%; do., new, 684% a 69; Virginia Bi ca, @X Conpon, 56 a 56; de 7 Jing sixes, ex Coupon, 65); a 66; do., new, 624 a 6 sourt sixes, 9014 & 00). Mining stocks were volar, Gregory fluctnaiing from $4 80 to $5 15, nad Smith & Parmelee selling et $3 15 to $5 20, » volume of business fn the Stock market was Jarge, owlng to the Impetus given by the recent on of the New York Ceatral directors. Hefore te roowlat hour an untsual ammount was transacted a the street. Operatora ana brokers are aiotpaeted about the course of Central, and the ue siness as to its fature is botrayed in the frequent fo aations and numerous exchanges of the stock. t,o qnestion of delivery was settled by the action oth boards to-day in declaring that either the :atock mnetamped or the stock with scrip cer- teleate attached tvas a “good deitvery.” This decl- pion will necessitate the constant attendance of the sep with the stock in all transfers, as the eloin stock at the rate of progress made by the Trugs Company will soon be entirely corufled. ‘The future of the stock and of the scrip when they come to be separated, as they doubtless witt be, following the history of ail such Sccurities, 18 @ perplexing probiem to everybody ia Wall street, ‘The sorip, under the terms of fis authorization, niust share equally with the stock in a!) catnings and dividends. ‘The stock ts wherefore Viccnally watered, and declines in value to what it ‘Would be worth were the capital increased eighty pec cent, The relative values of stock and scrip to each other are therefore nice quostigus for aa ac. NEW tuary and for a statistician, If the serip comtmues upen the market undisputed the present price is very cheap, If it should be anuulied by legal or Legislative act then the price ia enormously dear. This is the situation of affairs which so puzzies the street. There is reason to believe that the specuiative results of the dividend have not been so eminently a pecuniary success to the clique, or at least they have failed to gather thg fall fruits of their scheme. They have the stock, it ig true, and quote it in the vicinity of 151 a 155, but their” quoting it so high does not make it worth so much, Any attempt to ‘unioad” is nnmediately followed by @ break in price. They would like to get these high figures for it, and, doubtless, did sell @ good deal at them to “shorts,” who were forced to cover; but the great bulk of stock is yet in- thelr hands, just as the Erie clique are now “full” of unsalable Erie after their enormous purchases to make the corner on Mr. Drew. There is a singular parallelism im both specu- lations. The street was agitated to-day by rumors of an injunction on the issuing of the scrip, but no interference took place up to five o’clock. Any hos- tile attempt in this direction lacks strength from the fact that the street was generally “long” of the stock and the “shorts” were comparativejy few. Molders ‘re good-humored over the appreciation of their stock, and, just as a certain feathered biped thinks her offspring swans, it is likely they will be apt not to think disparagingly of their own property, whatever views the disinterested outside public may have of their infatuation. T° price this morning opened at 154% a 155, and thence steadily declined to 151 and a fraction, from which there was a reaction at the close, when the quota- tion was 1629 152!;, The oftering of the stock with auy freedom was followed by asudden decline in price. Ita withholding produced the opposite effect, so that the fluctuations within the extremes of the figures given above were quite numerous. It is only fair to say that the lowest figures were the result of the great activity in money which set in about one o'clock, and which carried down the whole market during the interval to the close of banking hours. The reat: of the stock list sympathized more or less with New York Central. Pacific Mail opened strong and ad- vanced to 121, owing to the large covering of the shorts, who probably had operated on the strength of the San Francisco telegram published last week, announcing the commencement of a very heavy suit against the company. By the way, it might be weil for thoss interested to make inquiries concerning this despatch and ascertain if it is not another of the many stockjobbing perpetrations of a certain telegraphic corporation. The transactions in Toledo, Wabash and Rock Island kept pace with the business tm New York Central, The general list was heavy after the best figures of the forenoon, and regular transactions closed with the following prices at the last open board:—Oumberland, 37 bid; American Express, 40 bid; Merchants’ Union, 1634 a 20; Quick- silver, 21a 213¢; Canton, 48 a 48}¢; Mariposa pre- ferred, 1833 & 21; Pacifle Matl, 117 a 118; Western Union, 3314 a 34; New York Central, 1624 a 162; Erie, 38 a 40; Hudson River, 130}¢ a 150%; St. Paul, 6744 a 6734; Uo., preferred, 8434 a 8414; Fort Wayne, 1104 a 110%; Oho and Mississippi, 30 a 3034; Michigan Southern, 86%; a 86%; Pittsburg, 833¢ bid; Toledo, 9734 2.97%; Rock Island, 111% a 112; North- western, 77 a 174{; do., preferred, 799 a 80; Boston Water Power, 13 a 1: After banking hours there was an improvement in most of the list, New York Central being the promi- hent exception, and the following quotations pre- vailed on the street at half-past five o’clock:—New York Central, 152 a 152%; Erle, 30; Rock Island, 11244 @ 112%; Michigan Southern, 87%¢ a 877,; Read- ing, 974g a 98; Toledo, 9814 bld; Northwestern, 774; a 774; Pacific Mail, 118 asked, The receipts for customs and the receipts, pay- ments and balances at the Sub-Treasury in this city for the expired portion of the week have been as follows :— Custom House, — —Sub-Treasury.———, Receipts, Receipts, Payments. Balances, Dee, 21.. $277,118 $1,201,649 $203,501 Dee. 22.. 269,000 1,256,274 619,404 The value of exports, exclueive of specie, from New York to foreign porta for the week ending to- day Was $5,066,217, against $4,202,177 for the week previous. ‘The last two Philadelphia bank statements com- pare a8 annexed:— Dec, 14, Dec, 21. Loans 5: Specte...... Legal tenders. Bue tm bani: tue to banks, $52,391,634 $52,416,639 1,043 Ine. In $424, 8 Deposits. Circulation. Clearings 34,267,019 Balances. 2,556,023 3,254,243 Commenting on the above, the Ledger say The banks have increased In their averages in nearly all th leading items the past week. In loans $424,975, being an increase within the last two. weeks of $077,208, notwithstanding which the de- mand for money is stili pressing oa the banks. The legal reserve of specie and legal tender notes in- ased £52,821 and thelr net labilities, In deposits and circulation, increased #92,161. The banks are elatively stronger tian last week in thetr reserve aad the increase of logns and disc sonah mtidence in the future the Clearing House shi ness at tke SALES AT THE MEW YORK STODK EXCHAY Tuesday, Dec. 22—10:15 A.M, 0000 US Ba, B.20.r, 62 105%, 200 8h 64) C8 6's, 8-20, 6, *64.. 106% do 85 10695 140 operations at W a large MeTedse of Lust- 1 it ne RB........ Mig 18000 Vin Bay i. one 100 Pitta, Port WaChie.. 11754 BO Mich Routh» { bade 97 160 do. H's Ch & NW I + 9 100 Mich South & N Ind, 47 q 9 Panama RE 39 wn ie THs " 2 E $8539 233335 33 at $a &: " con.. 3 3 2 es g ef = Es 378; 2, 35822 a 10 Chis, Bur & Qy Rib. 172 00 WJ Central RR.. ua COMMERCIAL REPORT. - (ies 2mseM Revewax wna quiet but steady. Sates 2,000 ba, at 4c. Rurnwwe MATRETALS.—Eaatern aprice wae ouly tn moderate demand, but former pricon were current. Sniew 100,000 feet at from B19 to @20 50, Lathe were moderately active at $3, while lime was steady at $1 60 for common and $2 foriuimp. Rosendale coment was rtendy at go. Bricks were quiet but firm at $11 « $13 for Long for Croton, 89 a i ® for New Jorn North and $40 9 $50 CANDLES were dull, but for adamantine (14 of.), 4#c. tor aperm and rns wasdall. Guayaquil was quoied Cénnade.--Mantin wan quiet at oto. a 20, CoorrRsGR STOOK.—The market was atl! qniet, hat follow: anotationt Sugar eh . 8 ineh shoes, 3 tach Weaday $4 Boe eh dling, tor delivery, “me heen on end " z a atest was toterahly_ settee frades, and prices wees stondy at aniod wore 4,510 Vays, Ox vend vont, “te patent. °. for AL Dg. w Wey YORK HERALD, WHDNE ip bo Coggill, ut-about 10% c.5 6 We verance, ow. private & oud 250 do. ex Perse- quate? Or PY aN Va, goll, iu bend, fale do. Vic; prime da., Tike. w Hise. Maracale u es were Toaple of Si) baxs, ox Nile, Ou pt Wo gunet-dtonaniba tate e Snes ae ‘Sie Domingo, He. 8 iti,c., Juve Zhe. i fugot was extremely quiet and and prices were lower; small sales were reported at ror Lawl Divas an Deas were dul, but prices sare, generally Be bi-varb. soda ae The. ab Wife. a demand ved vate terme, meady; sales % sal soda te tou at Gee do el re Peabikers . do. ; 160 tons caustic sola. ‘ac 10 Arable, 0 cases. iy do and betng in fair de- ut $8 and Bank at Been ausrcael BH anid pickic! sale; #4 Oe were qui a ic! scale, Pion xp Sisk. eet F211 bola, Roar 188 ao. and’, ‘corn menl 0. £0 {25 dé. outs and 6b dor "The market for State. ai Western flour was very quiet, the demand trom all classes of buyers belo ligat, and'o effet sales of wlycfcaneg sellora rt woul een Odiized to accept of tower prices, fornia, the market was dal and lower, ihe eales were nailed. 10 about 7.800) Bis Southern) | dour was slow 0 % an fower, wore heaty. Sales $75 bla.” Rye flon: was quiet, and prices of the lower grades, were a trite a. The sales were 75 bbls. Corn meal wax dull, end prices were beavy at Our qoetations appended, We quote:— 0. BBtate... 85 00 8 Bb 7 Buperiiue state. 5M a6 BD Extra State. 70a 8 00, Ta 850 50 a 6 50 69a 900 P a pins TMa 800 Round hoop Obie, trade brand $000 11.0 St. Louts tow oxtra. 80a 900 St. Louis straicht extra 9 00 a 10 00 St. Louts choice doubte extra: SAL 00 @ 13-00 St. Louts choice family, 13 00-814 Southern choice and family. 12 00 a 14 50 Southern superine and extra: 6 Shall oo California flour (sucks aud bbls, 700 al? wo Rye tiour. 640 8% Corn meal, city... 15 Ba 665 Gorn meal, Brandywine ees tes Coro meal, Jersey. .... 5.00 a 625 qaihe market for ‘wheat wale satrouiviy ‘quiet, bat cholce geting was leld very firm, $1 8 a $1 60 uetng jd and retused for choice No.2, ‘The wales were small, being only 12,500 or bushels, at #15445 a $1 65 for common No. 2 «pring, $2 amber Canada and $210 for amber Michigan. ‘Corn was dull, and nominal ‘ut decidedly lower prices, closing atic. a Sie. for new mixed, ‘and $111 for old do., aliont. ‘The sales comprised 65,00) ‘bushels at 9c. a Pe. for new mixed Western, a1 09 a iil 12g for old do., in sore and afloat; 1a 21.05 for new. yellow Southern, and La #1 1 for new white and prices we: bushels at Ze. Southern. Oats continued 1 a shade lower, the galea conipi ca, 0 store, and 7730. afloat. Jin value. he market waa still quiet, but rates were The chartering business continued to rule of veusels belug Night, and rates . The engagements were:—To Liverpool, 7,500 bushets corn at 6iyd., 100 bbls, pork at Bs, and per steamer 20,000 bushels corn ab S4., 16,000 do. corn Or wheat, sbipper's option, at Sid. a $id. respectively—closing at 6. ab'g0s 260 bales hops at kd. and §00 "do. cotton at Dede a yd. To London, 100 tons oll cake at 27s. 6i.,° 74 bbls. ork wt 4s, and 14 tons cotton seed at 20%, per 4 endle fect. nerally steady. ull, the demand for all kinds were heavy. ‘o Bremen, “ bales tobacco arf : Sey 102 eaees tobaceo at S08 ‘tract logwood nt Sin. ‘the . and 540 hover ext charters were iA brig, 238 toa, to the morth sie of Cuda, box shooks, at Hic. ;& brig, 255 with petrolénin at 6c, 9. 3 0 British south side Culm to the north aide of ‘da bark to Mainga, with staves, on private t NNINS.—-Bage were dull and nominal ut Vio. ® wlile cloth wag also dull and nominal at Iie. a We. Hors.—The market was (niet, the demand being almost en- tirely confined to the present wants of consumers, and prices were heavy at 16c. a 2uc. for choice grades, 1c. a ibe. for fair to good do. and 6. & We. for inferior. EMP was dull and nowlna! at He. a Iye., gold, for Ma- nila, and be. a Gige., rold, for jute, Hips were in active demand, and, the stock being the market was frm at the quotakions appended. ‘here werd gold; 30 z Wie. sales of 9,000 Buenos Ayres, to arrive, at 2226 do, (reported) at 223;c., do? 1,300 elty and country slaughier, as, 25.1be., and 90) Call‘orala’ paitat Tic, ewreney; 960-76 Iba at Se. gold. We quot Tbs., Bse., go 21 a8 lbs. 23cm Rio Grande, 20429 tbs., 296. Callfornla, $2 4 35 tbs., 20e. atamoros and Mexlesn, 22 « 241 ‘az, 18 819 1bs., }ce., and Texak, Dae TRox.—The market for Scotch "pig was dull, and we heard of no salesof moment. Prices were unchanged, however, ranging at from #40 to 848, American was slow of wale, but din valne, No. J boing quoted at #40 a 842 and N $89. Sales 50 tons Thomas’ on private terms. O scrap there was a gale of 143 tons nt #40. New rails were dull, but steudy, at 278 a $80, currency, for American, = p51 2 08, gold, for English, Refined bar was steady at a 995. IxpIG ‘was dull, but prices, were uenerally steady. We quote:—Mantia, 70c, a #1 O24 ; Madras, #8c. a 81 05; Bengal, $1 6 a $2 25, and ‘Guntemala, $1 25.4 BI 4d—all gold quo- tioun. Lead wns dail, but unchanged. ‘There were small sales of ordiunry foreiyn at 6c. a Bye, gold. Leatark.—For bomlock sole the market was moderately : re firm, particularly for prime atoek. Oni was sendy, with a fair demand for oi middie weights, Rees 8 and stock light, We Hemlock—Buenos Ayres, heavy, 27igc. n° 9c. dow middie, 29. "a "Bee. light, 29¢. & Ble; doy California, heavy, $8.5 dow, middie, 2¢, & Me.; doy light, Be. Ori: noco, heavy, 25. a 7 a Me, ;'do., Heht, Be. a We. ; do. good di and wolghts, 250. 9. Mo. pe ‘Me, in the rough, 5g. a Gale ; a. miditte, Bsc. nate. j dy. 7 do. mitddie, 42c. te. @ 44 je dni reign continied to rub New Osloans was in fair eat at prices, and sales were made of 3 Vematara the sales were 0h bbls. New Orleans al 420, a65e. We quote (no ing grades, B80. a 46c.; a a do, rosin aud 250 anil, there being ne de selliug ut 47¢. a ate. ; p eady at 4 for wholesale lots in mercha and shipping o (part off bbls.) at 4c. and 1.500 galions 1 terms, F the t was q) m. We heard of of aiyniticance york, 1,483 a sand 808 Kegs Ys efor pork was mo ter, Tiere were en! Told mess, 27 Greased hog and prices ot 120 6 9 for new do... and $25 2 for prime were quoted at were 50) bbia. new mm 10 bole yara at vane at Bic. a gl U8, a . Surredey. We quote: — Light Le Tige. & nad Mediun tea “me Sate Selections. rig E 74 SF Fgreg ti 30. ani fine, dlc. a 8c, EBON was quiet, but steady, Sales 2,200ibs, North- westera, at ie, ford Stock at date L 14,000 Tbs. Wiuskey.—Keccipts, 2-8 bbls. The tarket was dull and arcel) rm, Saies 60 bvis., at Bl a Bl (2, duty patd, ‘001.—The market is in a state of quietude, the demand being light, us tt is usually during the fore part of the week, but there 18 considerable firnmess in prices tor ali grades. With a light stock and active demand anticipated next month holders manifest no disposition to realize, except at ful oes. For =e and California the market is unchanged, z » but steady at former prices, Texas, 9 firmly held owing to the ness of the siock. In foreign the business continues diminutive, but previous pri are demanded. lew are 115,! at dic, # Bde.) in- cluding 20,000 State at 4ic., 35,000 Ohio at Bue. a 5ie,, 15,000 X dabove Ohio on private terms, 12,000 State aud Michican 4,000 twobed at jifc. ate. ichidtly at the latter Pricey, nse fleece at 4Bc. hed Ol N and above, b5e. a 87'9¢, Thi bs. pulled ai do, wii, f eaira, 10,000 do. Texas nt Woo Sec. for'low. to {ney choice fall clip California at Be, Been 20 len Cape nt 48%, loc : Ce Jape at 7 le oe pilin gold, and 12,00 a AY te bond for Canada ab REAL ESTATE MATTERS. ‘The market may be said to have opened cheerily for holiday week, as the salesroom yesterday pre- sented au appearance of bustle and business which might justly be considered the sole right of gift pa- vaars. This activity, however, was created matnly by the fact that the Morris estate and the property known as the “Ogden tract” were to be disposed of, and the crowds around the auctioneers’ stands showed plainly that they fuliy appreciated the value of the parceis ofered and generally manifested an anxiety to be- come part proprietors of either estate, The Morris estate, of course, attracted most attention, and the many advantages of the position of the land and the lo- cation of the Various plots were largely canvassed and. commented upon by the intending purchasers, Among the crowd there was, of course, a number of tue ustial speculators—the individuals who, doing the “builing?? and “bearing” and who, by their ne- farious machinations, have sneceeded in Keeping the muarket im such a state of inflation that while it ts, apparently, sound and strong it is blown over such # hollow and miserable foundation that the bursting Which will come, and, it is to be hoped, will come very s00n, Will expose a tissue of rottenness that Will give rise to a grea! deal of astonishment. Every pie Property, they say, which appears in the market and is bought up will appear again in a few days and bring a much higher price. ‘The value of property increases 80 rapidly. Of course 1¢ does, but there 1s no just reason why property in all quarters of the town showd be so enormously high. Brokers aud collectors are now almost as much a curse to tenants in this city as were the In- fainous middlemen of the non-resident landlords of Ireland. They make the owners beheve that their property cau sell for such a high figure tuat the rentals it wiil return should be in proportion to its valuation by them, If the property is to be sold the buyer is informed that it brings ‘in so much rental now that it is worth a great deal more money than it would otherwise cominand, and if he buy at the advanced price he can make up the difference by In- creasing the rents of the tenanis. ‘Tlus last clream- stance 18 sure to be attended to in almost any event, and these increases in the rent of houses and apartments, together with the exactions and peity tyramiy of agents or middiemen, have gone So far that every person who possibly can is making an effort to bevome his own landlord. This it is Which creates so much interest at the sales of property eligibly located and ye beyond the eluteh of hungry manipulators. Tic estates sold yesterday po allay advantages and therefore went off briskly and realized for the owners s: isfactory dined as may be seen from the following list of the & ESTATE, WESTOHRSYER COUNTY RY JAMES M, 1 5 lots fronting on Jamea rt, exch lot 26100, J. Hennes 4 lots to the rear of the above, frontin jot 2 Piace, each 4 lots adjoining, each'2ixi25, J 4 lots acjoinin, 25x25, J dios WHR minencing on River av, eacl alrehild, exch ‘bu Jumes #f, each 99100, Ne Del lauy each. « H Broner, raihe tize, J W Porter, eacl wane #ize, @ Hetrick, eae! on Charles pl Gerord uy each 254100, BI 4 lots nijotning, eommedeing oxi, Me Mertyman, each . Vy (lows ¢ sof Gerart ar, 100 it sof Chatios st; ench Hi Drammord, each .. oe ining, wmme size, Mr Norwood, each. ts adjotniny, same size, H onthe ne er of Ge 185, HOB oiniiny Wk 6 commer C 100, H Braner, ea Mr ‘Topli ex place and ton. Meet was stilt quict, | meas and $13.4 819 (or cxtra do. W (s these prices. Tlerce beef was dull, but irm, at 88) for prim ‘ : 800 meas amv 855 9 257 for India do. OF beet hams, which were | 4 Je\s on Wy corner ae firm, 50 bbls. were sold ut $0 0 #33, Cut meats were in n 10. Mr Martin, eagh,.... 786 deman”, m, at 18'e, a 1%, for Slots we W avy 100 ft from Ja ‘kled abound Ife. for amoked M~ Martin, a aes plekled hams, noked do. 4 lowe ree —- aa - eet « de ode firmer, = 4 LUDLOW AD bs att Gamberland tty 14 m ide. ty ure and jot, No 144 Pearl at, short da, WXe. a ee. 19 tt front, 80.6 rear, by moderately nefive ‘and on shade firmer, Ssloa 70+ al . tor No. rlenm ainsl- 2 aint, the ply the vne mediate wants of the a ith fmoderate rr- celptry former prices were main! ows was In tnode rate demand and prices were very firm for all graced, packages at 166. 1 to pri und kettle render: Decem) ter w Jots to Rup Chemung, Sresex ana Orange county dairies. nrkine, per Ib. Catharine at, yh Bb.vx78, DEXTER, x The Ontario Woollen Mills, with chloery, situated on Black river at 1 coanty, NY, Joseph Ripley. KPARNYVILLE, BAST NEWARI AND ¢ Flot, comer of Jersey City turnpike and Sandford ay, Del id Chautau ty W.0)/x0.1, John Kobingon,..« “ + 170 ae reeled cath tacteced aie. frouting on Jersey City turnpike, 20.11x \d, Broome and Steuben county dairies. PSI Ln He +. 198 te. a fhe. Plots on Jersey Rig treme, between nd Yas a cee avs, each 8.1L x00, a 205 ‘Ordinary to fair State dairies, firkins. 4 Zlotae @ of Ann at, 50 tf Biate, half firkin fal mood Stat ania dairies, firkin at, each each, . - lols fronting on Jersey at, rear of above, each dxti0, Fenngyiranin deiner, Srkins, ordinary, a Weatern Reserve, firkins, good to prime. Ke Lower, enc! et Tinole and Wikconsin, fiexins, good to prin $ lots fronting on “andford av, between Warren and Jer- Ordinary Western, tirkina, £ good. . sey sta, each 25x10, Joho M Robins. each 6 Common Werterbs..... 0.6 “it 0c. 8 wort Ride Jersey at, commencing 120 ft fram Sande leone — filiam Denecomd, Cy Factory dairies, fancy and Cheddar ebaped, yee between Jersey ant Ano sta, each L ei 10, pin reais, . 135 iota. of Warton eof Oni William 7" i) lote awe 10, William Dunscemb, each. 205 block lots’ bounded by Sa iter obtainable at I8e. and Sussex and Elm eta, each lot 2ox100, Henry livery eales were eTected of 3,000 bbia. in bulk on private terme, each Ae te eeea wees a ; o but probably at I8e., which was generally demanded, For re & jnte fronting on Sandford ay, ench 85x10), Janes W fin the market con(inged to rule dell, there being poarcely, fon, ear Be any demand, but we rows prevailed vir. 1-51 Asse, | Shoe wee: if Bales S00 bole at 8s, Naphtha was dull aod nominal ab | | ay, dainor Wilson, ene 58 ac. @ 9 Philadelphia the market was extremely wet Jot! fronting on Ogden av, co bat pric ce lo. Digher than they were last evening. Sales each 2x Jamas Wilaoh, « ee 88 10 bi ard whito at wl Slote on es of Wiinelte 9t, 160 ct from Rice, —Carolina w but rather firmer. We quote 3x10), dames Wilson, ench.. Co common to prime ke. ahi I block (22 lou) bounded by & Srrartnr wae in fair deyand ana froty held. = hy * * gees nod Bergen ate, envh 25210), o were abo 5,000 ibe, at 16 tha Latter price for oa oh wpa eee . 1 blank (29 iota) to ei anit Open ave Ataady at 12Xc. m 130. for end Bergen abd Eases at, each 6x10), Richard Lewor, ver, 2 for timothy and 22 45 n $2 00 for rongh flax, Line Pac. «6... “ + seve 68 feed was dull, but quoted at #2 9, gold, duty py a 1 block (2 lots) boanded by Sandford, Ogden av and need Lf tone Were soft on private ‘worms, tons cotton Keeox and Thompson ate, each lot Soxlt), Richard « tend meal were dinposed of at i i? ton. " eseeseesse oe a Scan. The market for taw ft dull, the demand from jos), bounded Sandford, Ogten av and A prions were an eheds on mt, @ach lot Boxt, Henry Bock, each: 7 © good reining Ct ating on Sandford av, opposite Mell te sor Dewar 4, gach, FA Fatr to good grocery Cuba, wd) iy x ‘a rime to Choice do., Te. m 12yr. ¢ Porto Ktouy adjoining, saine nize, Henry Bocky each. 6 so OREN wroneey do, HY sty 0.3 els relined Was quiet ant ee wore ayein ® ie lower, Close nga Toot tor hart 1aiger a 14icen, for nove whitey Ui Omcial Transfers of Rent Estate Yesterday, 18 (0. for yellow and id),c. for extra do. TRANGPRRG IN NEW YOUK OMry. Tek.Allesian whe Util wad Leavy at Gye. A 6)geq | Farm tot Nel, Burney antats, 6acres, 1 rod, 25 perches.117,800 gold. We heard of bo salen. Lot 0 j,454, Deiancny estace, 200100. 18,100 BOAT. —Castlio was dull and nominal at 180. 9 16)¢c. SKING.—Uoat were @teady jn value, wiih & moderade do. mand, the sales being 200 Haieg Curacon, 0 do. Mexicuny 0 do. C1 ‘or daar, Conttal American, 10,000 do. do, Vera Cruz on privace terms. We per !b., gold; Matamoros, neni ‘Ayreas, 48.40 Pe ; Vern Cruz, gosinen, 82,0. ke,t Barn ty neti “The deminnd was moderate, Gales 60,000 Ibs, at ce. & TIN, was quiet, at a lant week's The salen 100 dase sivas ah oe enka Bun fou at 273405 do-; £9) do., eotamon lvratd, At 274s, 11 200 pigs N were five. do, English was qucied at Wise, a 8 mn business tn Mi ngat), at 26s., free on hoard. 4c ia sits ‘ei’ fa aay Cpe eit, it, at nee . Sniew TEV budas Keutuchp ai dev eB} 0 Gnave cuted wise ahT6. dead cel aietisnatteighens aithneasemticsoigetah onaearertenarraesorctenstoer sien dmarguntea-anbigigtiee memnughietia dieiiaeactbesdidandaeiammieien case ek a Sisseey 5 seems ee - = == > - s $ =n? S ith wt, No 14 Bast, 9x08.0.0 00.02. Gab wt, 6, 12018 @ Btn ay, Qx1045.. 6. at,'s 8 255 ho Tth av, 049.1 6th sk, 8, 109 fh e1OM ay, yx100.1 ‘106th at, #350 £6 w 4th wy, Wxi0011. 1th e cor Ath {11x 1x 100. Dhan Bn at va Baw okt ey tas of jith ae, Hoxid0.1, RroORDTD IN NEW TORK. ey dre POP YP. sso ano tba, 5 pery Rainbri #3, 135 ft Borgen wf Broadway" ss Giinion ‘st, W Deal thy O Decatur sha corner, Teh at, ww Dehalb avy, Division a trand Stuyvemwat a Udea av and corner, ecorner, $45.bx of Willow 8 to 15, Cornwell map, adjolning Hewlett. . Lot dl, John L. Mor‘ou's map: iéane 8 poate, per pour URE NS. Rookaway Hill road, n s, adjoining Doughty's, 40 acres. 9,745 TRANSFERS IN WESTOHESTER COUNTY —MORRIBANIA. Franklin av, 4.6 8 100 {tn Of bth st, 25x 100. bth st, nes, adjoining above, 10x27. Soutliera Bonlevard aha ioeth ats ae WHITE PLAINS. Lexington av and New st, 8 e corner, 70x123. YONKERS, School st, ¢ s, part of lot ft, 25x100. TRANSPREA IN ESSRX COUNTY, No Je Church at, w & J. Gatom's property Miller st, ns, 175 ft 6 of Pennsylvania ay, Nevada st, e's, 121 ft a of Court st, 25x: DPLLEVIUEE, Main wt, w 4, two plots—one 45x213, one 9180, Passaic’ River, 32x53, F, K, Howell's property. NT Auugunta st, © #, 478 ft from Cottage at, 105x1 Howard st, w s, 2.0 ft from Cottaze at, 110s: Re : OHANG| Summer at, w s, 285 ft.a wot Park ay, 124x105 ANGFTRAYN HUGON COUNTY, 'N. d-dh Henderson st, ws, 7.6 t-u of Grand st, ied NOLOKEN--WEAT LOLOKEN. Willow at, ws, 168 ft s of 1th, 183x100. Lot Kod, on JM Chambers? 4 MUDSON. OLY, Grand av, wa, lota Nos 1, 6, 6, block J. 4, reservoir. Holden lane, 8 8, 100 (t w of Bevan st, 25x51 Erospeet avs cor Bengen wood, Bxlgvacta ‘avn oat St 6 2 hurlotte rat, 2 BERGEN. Walnut st, n 9, 60 ft ¢ of Whiton, G0x100. Washington place and Wayne st, ne corner KEARN John sf, © #, 296 ft 8 of Latuam, 25x97. AFRICA. The Gold Fields in the South of Africa. The following extracts are taken from the letter “xton to the Secretary of the Colonial govern- and afterwards published in the Cape Town Argus, and throw considerable light on the reported gold field discoveries in the south of Africa:— I have the honor to report the result of my per- sonal observation upon the site of the recent discov- ery of gold in the Sonne lying. between Gamang- walo and the territory of the Chief Moselikatze. The position is the one pointed out by Mr. Hartley, and from which the specimens of auriferous ore sent to the colony by Herr Mauch were taken. ‘The latter is understood to have obtatmed other specimens far in Mashoua country, to the northeast of Moseli- katze’s chief town; but the part to which the atten- ton of Cape colouisia has been more immediately directed lies on the northern bank of the river Thati, a tributary of the Shashi, itself running tato the Limpopo, ‘and 165 miles from Shoshong. on the main road to the interior. ¢ There appear to have been attempts in former times to excavate at this spot—the main shaft of the Potchefstroom party being & continuation of an old working which had been carried to a depth of thirty- five feet, but which had become nearly Wiled up in the lapse of time, and through the loose detritus of which the present miners dug, ttl they found the novural, undisturbed rock, ‘he work is at the summit of an eminence consist- ing of a green talcose slate, ghrough the strata of which three principal veins of quartz run in a south- east direction, that being the strike of the strata, ‘These veins are from eighteen inches to two feet wide, and in two only have gold been found. The avove mentioned shaft commences ut one of these quartz velns, and as the dip of the strata is an angie of seventy-five degrees the shaft in the perpendicu- lar section exposes successively the quartz and slate, the veins of the formation sppearing to ap- proach nearer each other as we descend. ‘The most encouraging specimens of auriferous warts have been taken about thirteen inches from the ground surface, and there would appear tobe a larver proportion of metal in the quartz immedi- ately im contact with the slate, Where the rocks are in contact there 1s fine fria- ble detritus, yielding some gold ou washing, the rest bemg distributed in extremely fine particles through the quartz; but according to the experience of the mutners, Who afforded me every opportunity to verify thelr observations, the proportion becomes less in quantity as they descend. reatly to the welfare of this country and to the interests of the colony as it undoubtediy would be, were remunerative gold fields opened out here, after acureful examination of the geological features of the surrounding country 1 am competed to take a jess sanguine view of the va'ne and prospect of @ profitable working of these fields than, in the exctte- ment attendant upon ther first being made known, was anticipated. From Shoshong or Gamangwato to the river Shosua the surface rock is granite, here and there rapped with trachife or basalt, and along the bed of hosha, whic! ue eight ules, granite is the prevatiing formation, passing as we heared the Thati into 2 schistose sandst As we cross the Thatl we meet first. some low hills etic ironstone lying upon the talcose slate, er extending six miles northward, when we narrow bed of quartz, grit an ist, with nels through the next ftty and prevails right away lato Moseli- country. uurilerous quartz veins are limited to the nar- slate north of the That, We hav hwhich naggets may bi j ral, California and Australia, the only re+ tier continent being te veim- seventy-five degrees, '§ Lhe line of con- is so little removed from t pendicuiar as t all all the Jabor of shaft-sinking; and the amonnt of goid yet procured ts so small as to lead those at present ngiged rather to r “prospecting” tian to con- Unning their laborious work, ASIA, Commercial Progression of the SInmene Kings dom. [From the London Globe, De a) ‘There are many countries, jess remote and better georraphically situated for trade, which exhibit less divity and progress than the little Kingdom of s It has a government which seems to regard its commerce with other countries and Its own tn- ternal development a4 first considerations. in this spect the Siamese present an exemplary contrast with the Celestials, Who are content to take from the lesser kingdom a vast portion of its produce, which might be obtained from their own territory. A con- emar report just issued details the trading progress of Siam up to the end of last year. Its exports have at length exceeded its imports, generaily a favorable Indication—the former being, in 1897, of the vatue of £1,014,803, and the latter nominally £793.904, thoagh inclusive of the large amount of machinery and stores imported by the Siamese government, they are estimated to exceed a million sterling. Burin last year, we ere told, the Siamese governmen have ghown their readiness to facilitate trade by withdrawing @ port regulation which obliged ves- selstoland their gune at the mouth of the River Menan. It has commenced the erection of a light+ house to mark the proper spot to erosa the bar, a work of tye greatest Importance to the port. Of internal works are mentioned the construction of a canal, intended to connect uri ond Bangkok, step towarda factiitating communt- eavon with the great rice districts of Petola burl, and the survey by officers of the Sism- ese government of ail the rivers of Siam. Siamese produce consists principally of rice and sugar, China taking & latge portion’ of both; and ir isa siguidicant fact that last year's export of ree has only twice been exceeded during the ten years Paagkok has been opened for foreign trade, notwith- standing that the low price of the article ruined mopy merchants, There was au unastally large crop of sugar; but Mr. Acting Consul Alabaster ducs not beteve that the increase can be Cepended on as likely to be permanent; for, though experienced persons speak highly of the capability of Lacon- chalsee district of Siain for sugar growing, the crop, under the present aysiem of cultivation, has elways been very uncertain, and the attempts at improve. ment have been, as yet, oniy in manufacture, not in cultivation, And he is borue out by the fact that the prospect for the next season 1s not regarded as equaily promising with the lust. Another attempt has been made, with better suc. cess than formerly, to develop the teak trade. The capitalists have been able to contract with the chiefs of the forests, chiefly Kareus, to cut and deliver the wood; and now it seems the chief cormplarnt ts th: they suffer from the want of a consular officer in the northern provinces to keep the dishonest local officials from oppressing them, to suppress lilgiway Tubvery and elephant stealing, and to pat @ stop to the xytematic depredations | ey Bh Sg and stealing the wood which drifts from wrock. AS regards public works, the consular report states that “throughout the year the Siamese govern- ment dockyards have been a8 busy as usual Tron bridges erected over some of the creeks, gus works constructed in the laces of the King and Vrime Minister, two steam put togetter and wet to work and anotier steam tice cleauing mili added to the four large mills aiteady existing. Alorge @tigar null! and distiilery, & saw mill, British ship yard and dry dock, have veen in throughout the year; and, a8 the supplies for all these come almost entirely from Englaud and Singapore, there must have been a very considerable importation of British machinery.” One great essential, however, to give a atimutus to Stamese trade is @ telegraph to Chun, one advaaiage of which would Uy tw cnabio mur: ey its 9 chants to sountermand orders to charter ships se s90n 48 prices rose at Bangkox, and thus save many disastrous speculatioRs such @ dumaged Wade lass your. ANOTRER NEW POSTAL TELECRAPH PROJECT, Petition and Bill for the Construction of am Air Cable and Metallic Post Route, A week ago a bill was introduced by Congressman Tom Stewart, of New York, authorizing James Fr. Halt and associates to build a telegraph line, ander the direction and supervision of the Postmaster General, between Boston, New York, Philadelphia, Baltimore and Washington, over any post road routes: or otherwise, charges to the government not to ex- ceed two cents per word between any two points, As this proposed new telegraph line 1s another thrust at the Western Union monopoly, and as very little nottee has been given to it in the newspapers, I 8en4 you copies of the petition and bill, which con- tain all the particulars, ‘The new line ts to be built on an improved plan, which will be proof against changes of weather and at the same time secure’ greater durability and economy. The following petition of Mr. Hall affords all the required inforination on the subject:— ‘The petition of James ¥. Hall in behalf of himaelt apd associates to tle Senate and House of Represen- tatives of the United Staves respectfully reprosqute that the present system of telegraphing, involving @ great expenditure in the cost of transmission of messi between the different parts and portions of the United States, has become a burden not only to private individuas, but to the government itsell, in the use of such means Of communication, notwith- sumding the alleged reductions made in sack charges, and believing that any chanze of the system, itself by the introduction of new features in the con- struction of lines of telegraph that way render such lines more permanent, offering groaver facilities in the transmission of micssages, at a reduction of one-half the present coat, of transmitting comraunications so that the maxi- mum charge to the government should not ©: od two cents per word between any two points, thus establishing @ uniform rate of charges over the whole United States, would secure the sanction and support of the government, would hereby presen’ the following pian of construction for the considera- hon of Congress and the committee having charge of the subject matter of this petition, as well as the estimates of cost of construction and probable re- suits if constructed tn the manner described, 48 fol- lows, viz. ry Proposal to build a telegraphic line between the cities of Boston, New York, Philadeiphia, Balumore and Washington; to make it of such durabie inae terials and upon such an improved plan of construc- tion that messages can be constantly transmitted regardless of tue variations of temperature or any unfavorable conditions of atmosphere, at all hours of the day and night, and at one-half the present charge for telegraphic messages, For the purpose of combining ail the latest unprovements in tie con- struction and working of the telegraph in Europe and in the United States, we propose to use iron poles, such as have already been tested by the British government in India and elsewhere, to the extent of 400,000 in number, with unvary! sue- cess, us per tracings and description hereto annexed. Alr cables, similar to or an improve- ment upon the specimen herewith; the cabies have seven wires each, each wire and cach curve having # perfect insulation and intended to last under or- dinary cirewmstances for ten years or more without any deterioration. Batteries of a new method, lea- sening the present expenses more than one-half. Instruments with all the late improvements for the through wires, ‘These instruments ‘have lately transinitted 609 letters per minute upon e single wire. Instrainents for the distribution of messages trom each central ofice to the numerous sub-offices in the various cities connected by the line a8 now propeeed and by its subsequent extensions. ‘These nstruinents require only one minute for such dis- tribution, and, used as a city despateh line, can ob- twin answers from any part of any of the cities named. within ten minutes, The entire cost of construction with one cable of seven wires is estimated at about $2,500,000; each additional cable about $750,000, ‘The estimated earnings of the line with only one cable of seven wires i8 as follows, viz.;—600 letters per minute for each wire, or 100 words per minute per each wire, seven wires, 700 words per minu' 42,000 word# per hour, and estimating the actu: working time of twenty-four hours at ten hours only gives @ datty product of 420,000 words, at tr cents per word, is. aeeceree sence Estimated cost of service and ali contingent OXPONSES . 0.6.0. Estimated net profit per day. Full working duys per year, mated, $2,100,000. In order to accomplish the results above stated no appropriation i asked from the government; but what is solicited and desired ts that ny peer legisla tion the parties hereto 1 be allowed and empow- ered to construct such line or lines upon the ordinary tes of travel, by raul or road or any mall route, over iges, streams, rivers, &c., and that their rights in the construction thereof, and in the maintenane of such line wien constructed, be by law protected. That such line or lines between the cities of Wash- ington, Philhdelphia, Maltiraore, New York and Boston: ahall be completed in the manner described witttn two years after the passage of any bill authorizng the construction thereof; and at any time after Oree years of successful operation of such line or lines the hail be empowered to take possesion nd purchase sad line or lines at such price) at may be agreed upon between the parties herets and the Post Oflee Department; and to facilitate the inatding of such line or lines of tele ph, ond tm consideration of -tie price to be charged the govern- ment—two cents per word for the tramsinission of between any two points connected by the e or wpon any extension of sgine that may 44—Uhe parties herdto be author- ree of daty, alt such materials and u as ave required, or may be used, im iruction Of sal telegraph, ta the con make the same practical and operatve, Inclading specifically telegraph y ‘of metai, or otherwise, telegraph cables and iistruinents to work the same. Abnexed are tracings of the pol and a full de- scription of the size, wetsht, &« An act for the construction of lined of telerraph be- tween Boston, New York, Philadepiia, Baltimore, Washington, &c. lie it Cnacted by the Senate and Mouse of Repre- sentatives of t ited States in Congress assem- Un bled—First, that James F. Hall, of the city and State of New York, and such persons a3 he may associate with him for the purposes hereinafter speciied, ta liereby authorized and empowered, under the direction and snpervision of the Postmaster neral, to erect, construct, ase and equip line or Ines of telegraph between the cities of Boston, New York, Philadephia, Baltunore and Washington, over and upon aay line or route of . by post road or otherwise, by railroads and es of all kinds, over stream and rivers, used that may be used as mail routes of the United States; and that said party or parcies shall be pro- odin te erection, constraction and use thereof upon the lines or routes avove designated, suid line or lines to be buts with metallic poles and aie en, And be it further enacted—Secand, that the charges to be made to the government of the United States, ransmission of messages Upon or line; legraph so constructed ae aloreald sball not ex- ceed two cents per word betweer aay two polats upon said Line, and that said govgrainent shall have at all times the rigt to the exclugve use of the sald line or lines of telegraph whenever the same shall be required for the publte benefit of for the transmis. sion of government messages. And be it farther enacted—thtd, that for the pur. poses of the construction of such line or lines of ielegraph, the satd fail and his aseoclates a hereby authorized and enpowrred to import, free duty, such material or ma/ertals that can or may properly ve used ip the coistruction and ¢rectioa of such Jine or lines of telegraph. lucluding poics, wires, cables, ———— @c., for Uwe Cuil and com- ere equipment thereof. : Ani be it farther enacted—Tourth, that said ine tiegraph beiweey tie citjes Of Boston, N Piuladelphia, Baitimere and Washiagtos shail be fully built, cowstrected and read for succesafal operation witlia two years from the time of the pagsage of fuis DU aud the same be- comes a law, And be it further engcted—Fifth, that the govern- ment of the United em through Its Post OMca Department, shall be auiterized, after three yours of successful operation o, such Une or lines, to pur- chase the same, with itsor thetr equipments, at the actual cost price of tle construction of the same, said cost of constractim to bo deflaed to wean the actual money value that shat! have been pai by the wuld Hall and bis asecciates for the materials come. posing the line and & eqiipinents, inciading all ex- penses, charges, commission aud interest at the date of aid surrender of said Line or lined to the Post Office Department. And be it turner enacted-—Sixth, that the Post- master General Shall be empowered to appoint a Director of Telerraph, who shall be the custodian of all the mavrials and ogee of sald line or lines that maybe imported by said Hall sod asso~ ciates, at the dime of their importation, whose duty tt shall be to grant permits for their use in ble con- atruction of Faid tine or Itnes and to designate the most direc And convenient routes between the citlem of Boston New York, Philadelphia, Baitimore. and Washingon, and within suid cities, betweou the contral 60d sub-oflces of said itne of Ines: _, furs ther, te report from time to tine, to the Post Orfiee Deparment, the progress mace in construction wait h or Nines of “ Y nald sine ot line? shall be surrendered to the Pos§ OMe Department; and, furtuer, to report all the varous hnprovements and inventions. made use of uyyn said line or lines, togetier with @ statement of the inode of construction, instrument? and contriy. ances in use upon other lines in thitand tu other countries, FOREIGN SCIENTIFIC NOTES. The loyal Academy of Ireland hoa received @ splendid donation, from Lord Otaremont, of a aortes of busta of all the Roma Emyperora and thetr famtuea, Mortnt Baldo, sitnated onthe banks of tho Leqo a Garda, Norti iraly, meaaces. to became a FO'CAn ny Suspicions ¢xplosions are heard, and tuo people of the vielnity bave left thew houses. Al Deseadand, on the opposite s three story he aA anuk inte the sau, Wiving omty tae top Guer woovQ on