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ep Senne OUR MERCHANT MARINE. State Policies, Pilot and Freight Laws—The Decline in American Commerce—Views of Shipbuilders aud Owners—Low to Bevive American Comimeree— Hiuts for Congress. ‘he Snipownera’ Association of New York held a Meetiug yesterday afternoon at their rooms in Pine @ticet, here being @ full atieudance. Mr. G. A. Brett having taken the chair aud some formal busi- eas transacted & comuulice was appoluted to in- quire into the feasibility of baving a new and uni- form State policy for vessels, the insurance compa- nies being in the habit of yearly addiug to risks, 50 that in a few years every cuance of recovering on or even taking outa policy will be impossibie, The Committees on the Vilot aud Quarantine Laws then Teported progress, Wheu Mr, Snow rose on the ques- tion of the Seaimen’s cetreat, and, after cousidera- bie discussion, in Which Mr. Barnes’ policy at Wash- ington was condeuued, a resolution was passed Tecommending that tie head money or State Hospi- tal tax be collected aud wilingiy pald as being bust calculated to forward the interesia of both seamen and shipowners, The question of tie decline of American commerce ‘Was then called on, aud tue committee, composed of Messrs. Wiiliam Neison, Jr, Gustavus A, Bieth, James W. Elweil, Ambrose Suow, “dward tincken and A, Wilson, have, aiier three months’ labor, pre- pared the followiag repori, which is to be circulated among the members of the association, sv as tO Bhow the public and tie Congiessional committee What the views of practical men are:— TO THE SUIPOWNEKS’ ASSUCIATION OF THE STATE or New \oRk ‘rhe shipowncrs’ Association of tne State of New York, desivons wo texaiu tial which tus counuy Once possessed, una which, without any fauil of theirs, it iost, w nalon’s greatest pride uid wealth, & Merchant murme, ave prepared the following ar- uments tor the cousiacration of those Who huve the general wellare of Wie coautry ut neart:— In 1s4 we not ouly civaiied England i the con- test tor the supremucy oi We Seas, but We bauc fal to Icave her betind, dn Loot tie total tonnage of the World amounied vo 17,450,940 buns, as lollows:— Owned by tue United st 6,639,813 ‘Owned by Great bicain ++ 6,805,509 Owned vy alt oiler dations, na &, 800, 167 Tn 1867 the Lolai iounage of the United States, as given in the report oi Lie Lreasury Departmeal, was 108,615 Lous, Huu Sie Liwl Gue OUr toLuage Las Bleadily decreased. In *is6y wwe tion, Jobu Bright, president of the , British Board of irade, stated chal ue tonnage of Great britain aua ber ucpeudeucies unmounted to uce of nearly 38,o0u,000 282,000 LoUS—a prepor Tons in favor of Great Englaud, in trade, surrendered a fallacy ior Wich sic uod contended tor centuries Jn isd4, when te laws re ailug lo tue shipping and Davigation of Greal Brita underwent taportaut Changes, the decay tug prolectionist parry predicwes Ube speedy ruin of B.itisit maritune supreiuacy. Ouc @rgunent wus, “british Suipbulivers caunot compete Wilh the pauper iabor oi cocuuental nations 7 How Uilerly false Wiese iorevouings Wave proved 18 alnply lemoustralied by ex, crivice. We kuow of uo vt pation in the world than the Dlates Lat reiuses tv regisier a jurenzn butt 1 ANd at Lic sulae Line requiies the pay meni of Pauly upon tue raw materiai, Then foilows tue testimony which Mr. McKay, o » Well known siupbuilder of Boston, gave belore the Congressional comiituce. Then follows an wnent in favor of iron ships Over wooden, embouying the same facts as have lately been promuiguica in other cousideratious of | $he question, * * * * * * * Ten years ago the ivon works of New York were the pride of ver wanulacturers, and splendid lines Of steamers went fori from her docks equipped With engives and wucuinery which could not be ®urpassed in the Workshops of any other nation, Now, with the excepuon of the outit of the Spanish gunboats at hr. Delamuter’s works, vot ® solitary marine engme or iron steamship 4s in course of construction, The Allaire Works, Where the Collins ling of steamers were buiit, have Deen converted iuto a horse stable; the Fuiton Works are selling their shops and machinery, models nd stock; the Etua Works are commencing, a small business in arcilectiai jvou work; the NeoiuLe Works are turncu iuio a’ saw mii; the Quintard Yorks repair on old verseis aud obtain ah occasional Job from southern raiiroads; dud tae Morgan Works @re beroicaily lavo.iuy for w uture that may never come. t * * . * ee Other works are in a hike predicament. An Al 1,000 ton wooden siip Lait im tue United Siates Will cost eighty duliars currency per wou, aud a Wessel preciseiy Siuuia’ can be built in the Briuisi Provinces for ioriy dollars, yoid, per ton, But we ere forbidden to purciase foreign bullt vessels and 4 the same time the vuliding of slips here 1s ren- red Impossibe al payiug prices, owing to the avy tuxXes Linposcd UPON every article tuac enters Apto the constructivag oi a vessel. Shipowners of this iree country are therefore eso in the following position: -Our yoverament 0 obibits the puicuase aud admission of foreign uilé vessels to Alnerican registiy aud at the same time by over taaution juts it ulterly out of our power ‘to build profitably atuome. \ve, WhO, Lweive years ago not only did three-fourths of our own carrying trade, but aisv.a lurge proportion of that of tue rest of the world, are bow actualy obliged to allow for- eigners to bring Ww wud carry irom our lores 10,815,668 tons Oi Irengit annuaiy. We, woo could show in this port oj sew York tairty-two large ships Of over 1,000 tons regisier eacu building in the month Of September, 1864 can now, in the month of Sep- tember, 1869, find only Ouc sip On the stocks, The Committee then ash, are We Wrong 1n expressing our @arnest conviction that if this country adopted a More liberal comuscrcial poiicy ber ports, ike vhosé of Great Britain, Wouid sou be joyous with the busy Bum of indusury? * * . * Another {Sie difiicuity in the way of restoring the it shipbuilding of this Country arises from the con- ict between lavor and caupiial and the damaging eflect of combinations anoug workmen. * At the beginning of the war the government made cali lor vessels upon the dificrent naval con- tractors of the couniry, Which Imieht under lavor- able circumstauces Lave brought imvo existence ‘Withio ove year one oi tie most maguificent navies the world, but the siipyards of America haa not cilities for answering tit cail in five years, and it ever Was fully ausweied. Should some terrivie ergency come Upon Me County to-morrow Buu fhe government cry vut ty the shipbudlders to suve herirom tmpending ruin a iecvle response would me irom the deserted yards and tue silent foundries; alas, we cau tiurdiy furnish you with a solitary vessel. ‘Lhe vus.uess bas goue mio other Daiids; our facilites have been crippled; our re- Sources have moudered away during these years of Adieness; our meciuuies have gque to Other Voca- ons, and we cannot be At olice the leadea spell Dut resis Upon our Werashops, ry * * * * * * * “ The question of tie present conaition of the in- @usiry ia the British provinces ts tw discussed at Jengto and BvoWwn to be im just as bau a state asin America, iron siips Kong the cause. The New Hog. fand slipouiaers devounce the tari’ which provet he interests of the iron master, cordage maker, emp grower, &c., Muoring the facts that thelr own Dusiness of sbipbuidiug bs Lue most bighly procected dustry In the coUdiry; (hub Ibis the Only brauch of manufacturimg ta the Caled Staves Which bas the home imurset secured to it by wbsolate legal L epeaals to the poiat of prowibition, and that in he construction of Vessels for Lue home maket i. &., yr the coastwise wade, Wey Wave the utmost extent protection Which it. possivie for laws to entorce, Apparently Wer zeai for free wade never leads them to agree to the ubaudonment of provection to their own particuiar imcustry, aud when 1 trade in soips is proposed tuey rastantiy become ardeut provectigaiaus, 2 * * * * * _ Whether it would be wise to withdraw the protec- lon which now secures our home iiarket to our own uliders 18 & quUestiOL Upon Whichiwuch must be sald n both stacy. Un Lie one hand, It would un- joubtedly be a seveie bIOW LO Our slupbuildtng in Qustry, and would very ‘argely reduce the business Of oir own slip yalds, besives crushing for a ime @ building In Lue Siales OL iron seagoing Vessels, at On the other hand, We should have sharper and Detter vessel4, ANd Consequently cueaper tianspor- Sion in our coast trade thaa we now huve. ‘Ihe great Gtuples of the countvy Could be Moved from one port in our coas, to oluee ports with more facility and ith ess Laan tie pres cost of carriage, thus bea Hung Loh producer aid cousu ‘he importa. Mon and employment oa tie northern coast of tae Untied States of one tundred steam coiliers, like those used on the Tyue, Would certainly lower the price of coais iv ali tue New Kngiand towns, but they would as certainly deprive a large fleet of hume- ait schooners of aployment, I our coasting We Fhould be opened to vessels of foreiga buiid our bwiders Would be forced to compeie with the improved sysiem of shipbuilding which has damaged thelr bustuess or butlding large sips tor Our foreign trade; aud Wien tuat ume comes, and Bot betere, they can consisvently go to Congress Rud K for Iree trade in the wateriais used in consiruct- | Aber to be employed tn the coastwise trade, ile they are provecied in the home traae as they mow are they clearly have no Teasonable rigat to jaim special exempiion frou the payment vi the Xes Linposed upon them in the prosecution of @ eesinees in which imported and duly materiais are . ‘ihe Propowal to bestow upon our siipbuilders @ general return of duties and exemption frm. ‘ation 18 too Unreasonavie aud preposterous to jerit aby serious Consiveration, Inour for eign trade e ation 18 tovaliy diferent, aud the very lawa protect Our BuibbUliding and snIDOWueLd in tue NEW YORK HERALD, THURSDAY, coastwise trate, are useless to Wo shipbuilder aud Oppressive to the slipowaer, Wkeh appied to our foraun wade, * * . * . * * This condition of thiags will last until American citizens have free trade in ships; tuen, and noe unt wen, will tuey be able LO Coupete with forego slipowoers, Our regsury law pracically protects the foreigu sbipowuer iroin Amerean compeution, and * * * our carrying trade with other coun- tries ig no longer carrie! On by Awerncan ship. owners, * * * Dbutis transferred to tie hands of foreigners. This resuit * * * would Lot have occurred had the shipbullding induswry of the United States bepl up (he slipputliding ingusiry of eogiaud, American shipbuiding has not improved witha the last iwenty years. During the two deca les in whicu tue art of shipbuilding as made greater pro- #ress in Great Britain tian it aid in ad bie countries Which preceded Liem, the budding of seazomg Ves Seis in America has DOs advanced Oue Slep. * The improvements whieh tae buiders of England have elev etin steain machinery, comomed with (nei? improved Systein Of suipoutldiog wad tie facie Ues wiicu tiey enjoy, and Wick cuable them to coustract ships and engines at prices with which no other cuacities can ‘compete, give Great Britain a very long lead in the construction of 1 ou steagu Hier busiders supply Wiew oWd and otier countries WIth steamers Wuich will earn large protits in trades iu which sieaners but in tue Vaile t States canaol live, and they have euuirely exploded tue idea tiut subsidies aie Revessary Lo Lhe suppore ui steam lines on the great rouies of ocean tramic. ‘ae must suc- cessiul steam nes, 12 & Commercial point of view, are Gioee Wuich rely upon traiic and care nothing for mali conracts or sndsidies, Steamers of mode- rate speed abd trge cargo capacity can carn more money ia the New York apd Liverpool trade, without A sUbsIY, Luan the fast Bleamers Whicl carry Co. parauvely Licie cargo aad buru a great quantity of coal, Cau eara with the most liberal mal secvice compensation which eltber the United States or Gival Lritain are likely to give. A sleamsiip that will carry 0,000 tons of Cargo across Lie Atlantic tg twelve auve, burning 60) tons of coal on the pas- Bae, is oeiler property tian Ove that makes tue trip in ten days, wil 1,009 tons of cargo and burn iby 1,000 tons of coal, The laste Will Miike @ Dose in tue Wosid by an occasional very rapid passage, but the frst wil put most miouey ialo the coffers of her owners, ‘ves: are the sivainers Which American Suipuwners siould bo periuitted Lo buy in tue coeap- est marke Mauy the steamers built upon the Clyde are ior lureigu owners and foreign eervice; some go to Cuiia, otuers to South America, oLucrs again vo the Back sea aud Batic. Uf Gorman, brench, span- i baad ituhan siipowners taany ,o to Engiand to vulld steamers aud siips. lu siuort, the high repu- tauoa of the Duiiders Lhere attracts purchasers from all paris of the workd except the Cuited ptates, There migie be some reason fur the policy which our people ate pursuing in retusing to buid steamers WAG sulps Olside OL the United States, if such o policy lie. peu shipbuilding at home or benefiied any be Class Ol OUF ciLiZeus. IL it even sarveu to secure auy paws Of our foreiga trade to ships built In the Slales ib migul be Lvicrated, but the reverse 1s no- wrieusiy true. The 5)8em Works disastrously to every American inverest connected with naviga- lion, Hol excepling tie Slipoutiders themseives, Stewmers und suips esyecatly desigued for the fore, raie Of tue United States are duit mivers, and every ship, Whether au Kogastinan, Germin or French mau, eaters ito Covipetition With tue few American sips thas are leit i our foreiga wade. uur fuliie efforts to project our silpbuilders are first destroyiuy the business Of our siipowaers wud Buip. v3 and twrowWiag the prouis of our nw ‘ying trade into las havds ol foreiga- ers. Ou tug Clyde alone Mity-elgal steamers, regu- jar traaers between New York aud Ewropean ‘ports, ave beea DULL Since 1990. “‘Tucir aggrezate tonnage 48 Hot less Luan 140 090 tons. ‘This large Meet docs Avb lucide lie Vessels bullt lor the Canada and Vorlluad jiues, Ibis quite witlin bounds tw esti mate that Uns fMoet-or Clyde built steamers has d-iven 200,000 tons of sathug vessels from the trans- aliantic trade ol “ew York, Having tose tue profits vou Lo have resolved to LWurow away (ue prollis oL ship owing and bb ly mnstst Upon driving our shipowners fom their vusiness: ana our murimers from Lue sea Father tian grant ao American register lo a ioreiga bate ship, UW any Aimevicad ts dispused to doubt that the days ol Wooden slips are over, ley hin make a tour around Las wharves of New Yor, Jersey City and faoboscn and louk at the steamers Wuich carry on the trade of our ports wilh Lurope, wud the ships that uve Jeicuimg our cargoes trom india, It his Walk in New Yors sais to satisty uu, lel him visit tue duces of London, Liverpom, Bremen, Haamour; Havre, harsciles, Priesie, Alexandria, St. Pete: burg, buinbay, Calcutia, &e,, and see ‘how rapidly and surciy Wood built shlps have disappeared frou those great marts of trailic, aud how nive-teutas of the lion slips which have succeeded thew bear uGmistakeable Warks Of Briush origin, The awempt to regal our tormcr pre-eminent posiuon as a man- ume Mower, by rewtiting ie duties oa maporsed iuaterials and cavouraging the vuliding of wood Baling SHIPS Must Jail or be alteaded witu a very limited success. ‘The price asked in Great Britatn for an iron ship butt On Livyu’s speciication, guaranteed to rate double Al for wwenly oue years aud Compictely fitted jor sea, Wh (he extra Sais, spars, &c., requiced Jor u voyage to Judia and buck, ld £14 per tou or sowie less, Couiracts lave Leen made with bullocrs on the east Coast of Lugiand wi £12 Los. per ton fur ships which gave eutire sausiaction to buth wud Wuderwriters, For $63, gold, per tou a i siupowher Cad Obtain an iron sutp waich the UnuerWrilers accept as a first OAs Suip Lor Lweuly- one years, NoW, 1 We go back Lo 1800, the year in Wick wooden stupbutiding reached its climax, we fwd that an American wooden sip to which the New York or Loudou underwriie:s would give a tirst class rate for ten years Cost, With ga Lidia ouLlit and mctuilng copper, about $oS per tun, or just aboat tie preseut cost of a British vuilt iron salp raing Hest class for twenty-one years, Aa Amert- can bULt slup, LOL Coppered, Codd at that Ume—in 19866—ve sold in Wngland for £12 per toa; but now the same Cliss und quauly Of Wooden slips will Dot bring £/ per ton. : ihe report yocs on to state that the depreciation in wWooueu sips has received less atteution here than ip fugiaud, aud counses our shipbutiders aad Owners to 00x at Lie MaAlicr in 1s true aght. AL sevins very Certain that the United Siates must Aivai very proimptiy and boidiy or else fall sadly da the rea: Of Nngiand, Germany and Frauce. We cunnel Walatala a respectabie inaritie position before the worlu il our mercantile navy 13 to consist of woodeu sulling ships alone or wooden sailiy; slips coupled wiih oue or two lines Of subsidize Steamers—and this 18 our presvat vosition—wiuile ali our rivals are distancing us and care ing of our own trade. It is, Gf course, beter tu bulid our ships at home than it 1s to build them abroad, bus 1 13 betier to butid them abroad than not to build them at ail, itis better to employ our own shipinasters, mates and seamen than the masters, Mates and sea- mea of our commercial rivals, and it 1s betier for us to cross the ocean with steamers commanded by our own fellow ci\izens and carrying our own fag. Ail this can only be accoplisned by repeaiing tue law which refuses to grant an Ameri- can reyisict Lo @ sieamer built in the Cheap building yards of Great Britain, It ts surely worth our whlie to consider Whether We are not paying too dear for the senumeutal feeling Which nas already destroyed our commercial preslige. ‘Lhe Kegistry jaws are declared to be by the force of curcumstances prolabitory aud oppressive to our own cliizeas and in tne interest of toes ship- owuers and muriners. That tatoleent aud cruel law should be amended without dcliy. A sialemient prepared by Mr. Joan Glover shows that vie daily Wuses Of carpenters, joiners, platers, caulkers, riveters, painters, riugers, sailmakers, engiuecrs, bolier makers, turners aud patiern makers combined are 72s, sterling On the Lianies, 558, 8d. on the Clyde and 6d. on the Wear. The Thames workmen are admitted by him to be no better tian those on the Ciyde or Wear, the wveat disparity of Wages aud consequent loss of nearly all siupoulldtag on tie Shaues being caused by tue arbitr rungs of trades unions, wath Oxed arate below which wages, in their opinion, shoud not be allowed to fai, Puey have kept up the price, but lost the work, Mr. Glovgr further saysi—"lormerly ail vessels were butit of wood; now @ steawer out of wood 18 @ rarity, and al jarge Bailing vessels aro built entirely of iron or with & wooden skin.” Every new sicum line that is staried ana every tm- provement in kteam machinery Which Cheapens tue Cosi Of Working large Ocean sleamers Is 4 Venett to the producers of our Wes-ern aud, Soutve.n Siutes. They want cheap transportation to the markets of Buropo, espoviaily to those of Great Brita. ‘they aso) want low rates of for la borers dvsiriug to embgrate United States. Tuey are dependent Briusa cs bse the to upon sieumship companies to carry the product of thei otaies avroad and to carry emigrants back. it ig @ Very DiOulavie LUSNess And one Which is emt neatiy userul to the United Staics, Ja i not unrea- gonabie to practically prowibit American citizeus from engaging in it? But for the timprovemenis which bave been made ia Britisa shipyards and British machioe shops emigration to the United States Would suill be dependent on sailing ships and would ve very far below its present extensive Voi- ume. In the opioion of competent Judges emigra toa from Great Britain has been more taan douwvied by the application of steam to emigrant trausporia- tion; yer she Dutiders of the Unite States nave not turned out @ Siigie sveamer that coulu live im tue Wade a tho passage rates on which the British sieainer owners have become rich. The fue steam ers Ontario aud Wrte are commercial futidres, so far 8 Lue Liverpool ate is Concerned, A‘ter trying tt for two voyages, the Ontario was withdrawn, and ner consort, the brie, has never been lo sea, The orginal cost OF both st@ain ors Was about $1,004,000, wad Liey were finally sod for $256,211) each The Collins steamers did not pay, even wita thei Ireigit at six pouuds of eigat pound ing per ton on wie small quanilty tiey could carry, aad siuce the war the several attunpia lo carry eml- grants in oid paddle steamers lave ail reauited in fuiiures, While at the same time British but sleam- 8 adapted to thc businesa have oven earning {ty per cent per annumn oa their cost. The eimgrant business is now dependent upon British siipbuild- ers and British shipowners, aad will remain 80 de- peudent il tie United States Gougress repeais or odities the registry law. Wheo that is done Ameri« can caterprise Will enter the field. The system of drawbacks, advocated #0 strenu- ously by the shipping interests of the coun try as being the only panacea for present iis will find but lew supporters ih & Congress of highly protective prochivities, and will sure!y tai, ‘To subsidies i any fort) Our association ts most emphacicalty opposed, as des(roylag compeiltion and enterprise. By the amendment of the navigation laws, as pieaded for iu ihe papers, the heaviest lose will fail upon Ce present owuers OF Wooden vesseis, eapeci- ally of wooden sitewheel steamers, and tive Dene- fitted Will be ship carpenters, engiue Dui devs, boiler wOkOrs, WUUCHILISS, S4Udekers, SyUrMakera, LOpe- maceby, Joiners, painters, suipehindlors, d-y dock owners, Whast owuers, seamed, oilloors, landlords, coal desiets, lighieemen, tugvoas OWAers—ia & word, ciizens of every Giass. ‘be above report was, alter consideyable debate, Jad on the tau. for iuture action, wien bic Mecung @ )ourned, 4 Tao tree Trade League have tasued the following memoria:.— Your memoriaists would respectfully represent that in most of the testimony taxeu beloce your co mittes in regard to the present coudstion OF tie Commerce ol this country, (he true Cause OF Its deca. dence Was nov stated, Hor in Laeir opinion Iras a suticient remedy been sugzested ior its revival. Your meinoriai'sis wisa to usser., in the first place, that tue Carrying Wade tu American vessels between ourowa Sud foreign pors has iallen off largely Since the termibavou of tie war, Wine thal enjoyed by the citizeus of ocher couulries has Showa @ sleary increase. The total ionuuge of t.e couutry employed i 1360 was 2,549,827 tous, While in Lely ib 43 Ouly 1,505,587 tons Your memoriaiisis do not hesitate to charge the eXistlug Condition ofour commercial marine lay to Ube present tural, the rates of whica, articies Culvcing inio the construction OF vessels, are BO EXCESSIVE us Lo forvid bier being bull ia the salpyards of this country; bul it is mainly tue result of the unwise and oppres- sive laws watch, under the text of protection to tie American shipouilder, forpid the percuase aau transier to Americau tag of salps and Blears Coustructed abroad, The Geran aud Frenca van are now mouvpo iiag & large poruon of the curryiug Wade between his couniry aud Burope, Waich Was forimerty in cis hands of Americag slup= owners, ihe reasou belag thal wane the citizens of these Couutries are alowed by uei own laws to buy Sips 1 Lue Cueapest Markets, Wie Awerican 1s pro- hibited by our jegislauon trom doing tie same, and 4s thus p.aced at a disadvantage which he ts uiavie to overcome, Your memocialists are couvinced Wat the grauting of subsidies 13 an UaWise Measure, aud ig ouly the attempt to remedy an existing tajustice by tue croution of a ew one, the direct eilect of wich would be to add to the existing compeution by the formation of & monopolied interest, vius defeating private colpetition and, reudering ie condiuon of the Awerican shipoweer worse than berore. bs In the opinion of your memorialists, the true means to revive tiis important but prostrate indus- try Would be tae abrogation of all laws preventiug tle purchase of vesseis in foreign coantries Whee they can ve procured tue cheapest, and the admis- sion of thes? vease.s to Auierican regisiry—or, in other words, avsvulute freeugm of urade tn ships and steamers. ‘tue American shipowner would thus be put on an equality witu tie torelgner 80 far as as ovtaining cheap Vesse.s 13 Conceruei, and your memorialists are conviaced that vy the adoption of this simple wud just measure the country Would regatn in great part Wat shang of the Carrytug trade of wuica it has been deprived by erroudeds lezis auon. EQUAL RIGHTS IN AFRICA. The Colored Men of the United States to Their Brethren in LiberiamThey Advise Equal Rights for the Whites, WaSuincton, Dec. 7, 1869. Ata meeting of the National ecutive Commits tee of colored men of the United States on Saturday, Rev. Seiia Martin made the following report as chairman:- ‘ BRELMREN—Having been appointed a national committee by tue Couvention of Colored Meu, which asscmbiel id Washiustou, D.C. ta January, Lody, to look afier the general duterest and the welfare of our race ib tie United States, aud belleving that Liberia woulé be as greatly benelited as our coun- try has been by the abuliiea of ali proscriptive iea- tures in tae Mationa!l laws, we lake tue liberty of aduressing you vu (ue subject, briedy but lovingly, and We do 80 ihe iuoce reddy because of the grow- ing recognition of vue adyaulages Of a free, ul and honest iuiercuauge oo wigs and convictious among Nativus aid peop! We have, for stance, ab eXamipie vs bic good evects Ol such Intercuang- Ang Of 10a tu bie audreos Of Lhe Wowen of Eagiand to their sisters lu the United States, urging tuem to devote theniselves to tue abolition Ol siavery and the iraterpal response to 1, together with tue suc- cessful resuit following tuereirow. We lave aways haiied with sausiaciiou any measure ol success attending your eifuris bo estadlish a natioa, though We have always opposed the tustering agency of your original colony aud any acquiescence 1 1s apparent Purposes, because is uVOWed as the motive OF 1t8 as- sistance the uiaintenauce Of siavery gud oppression of the free colored men of Lis Couutry, aud because We have felt that the battle of proscription” suouid be fought uere 1a its alest slronglud and that the most enlightened colured men giould remain to Aighi 10, We have still looked with mterest to any labor of yours which tended to bring the heatien of our owu race under tie vigorous appliances of our civ- lization sid Willin tie blessed infiuences of Lue BOSpui Of peace. Since Lie avviilion of slavery and the securement of Civili riguis by our peopie we have entered upon & career of Useiulness which grasps Lue swailes: possibilities of acquisition and sees lous the full enjoyment Of promineut and distinguisued positions, We have every reason to belicve that the emanci- Pation aud eafranchisemeat of cur race will resuit An grea, good to Airica, especially io Liberia. Here- aiter emigrants froin this country to yours will es- cape the cluiling mduences waica imevitavly spring Jvom compaisivn; they wil not now leave ineir old home with the feelings Of an exiie nor accept ther new one With the e:motious of u marr or retuse to go altogether, under the belief (hatexpatriation was the motive of tucir patrous. ‘The feeiiugs of patriot ism being fosteied and gratified kere will be traus- Diauted with them. Tue eutiusiasia of a voluntary aud joyiul adoption wiieu taey come to you, and emigration irom your shores to ours will, we hope, be reciprocal in numbers aad in- fluence, Educatiou Is we parent of enterprise, and as enterprise extibils some of the most darig Teatuies Wa Voiudiary eligrauon, and as tae ZnO Tuace which siavery iostered Is being rapidiy ais- pellea by the various educuuonal agencies of our country, ocnevoient and goveruimenta, it can but be that tie morbid seusiliveness Wuich always charac. terizes the viciiins of proscription and that lack of pride of race which springs irow the contempt too generuily feltamong victluis Of Oppression them- seives will give Way lo Icelings Of personal tade- pendence, to Lavits of Seli-reiiance and sentiments Of mutuai respect among the race. But wo secure such desirauie resuits 1¢ 18 indispensable that ali should tind on gomg to Liberia at least a3 much freedom aud protection ag they leave belind them. We, thereiore, pray that you will seek v0 Influence your Congress to initiate measures 80 Lo alter your coustitution and laws by striking out tue word “wile” as to put your republicin accord with tne laws of the United States—with those of all otuer free countries. Constitutional restrictions which have the eiiect to create prejudice against color may eventuaic in the disruption of Lie strong- est ties and the dearest reiationships of life, by put tlag the husband against the wife, the father agalust the child, sie vrower against the sister, Wuenever either of them are waite, or even appear to be wite. Such restrictioas carry with them tue threatening pussibililies of a war of complexions, worse éven tuau a war of races. We refer ali Lue more frecty to the clause in your constitution diranchising White persoas, because we appreciate tue reasons Which led to its aduption @ad because tie Biking OUb of Lue Word “wuite ’ ia ali our nauionai laws las already been ace complished. ‘ihe icousistence, may we not Bay Injusuce, of this restriction reierred to is fuiy iiustrated by tie face tuat Liberia las to-day at the Court of St. James aynosé estimable and eiicient white genciemau as Conf General, Whe las edected all tue burepean Wweaties Of atcauy and commerce witu Liberia, who yet, were he # resideut of your country, Could not le sally oWn 80 Much as 4 hole stead. ludéjeuueut Oi Cue intrinsic injustice of muking distinctions Ou account of race Or color und the incougruily as & repubiic veing more restile- lve than aay Kuown despolisul, We van oul thing toe policy 1iseli suicidal, As & race We have been sysie- imaucaily rovved, and duriag tie jutancy of your hauvonal Ife your supposition that the robver migat follow you to your Lew home Was aaburai; bus tue condilions arg so lar Changed that you are, we think, rovung yourselves by keeplag out of your country througa proscripuion the euierprise and weaitn of the race Which at present possess Laem in the inost abuvdance. Asa race We have been systemuticaily de- graded, aud Ciereiore We need tue more to avail our- BulVes of ine social Cullure aud political kKuowledge of those Who lave thei Lospare, A¥a race We have ocen syslematicady proscrived; you felt tue gross iujus- tice, reseated it by leaving Lhe persecutors to found @ howe iu the Wilderness und Laerelure you Cannot proscribe Others, because you Dave (ue power, Wita- Out Virtually acknowledging lia’ your Lormer.op- pressors Were biameiess in proscribiag you, Besives wil Huis We feel assured tual Lue material interests of Liveria, bitherwo only partially developed, under the loflueuces of the cliaoge of policy Which we Qdvise will be greaiy stimulated, and thay your aciivity and excellence in wanulactures, the growth and exicasion of commerce turougu the agencies of emigration aud caplial Will ali unite to lead your republic, now but Nitie bevond 149 Laiaacy, gloriously on ta ‘the palhway Of Dational renown, and ius Speedy consummate through tiese new and beniga latucnces tue patri- Otic aspirations Of Our race, Loti here aud tucre, Lor the complete regeneration of Airica, Brethren, we beseech you to wrow open your doors, and thus teach the heathea that republicaniim and Curt Uaniiy are afraid of notiiug but doing injasty show tie While race that though you may have deemed it necessary wo Weel Oppression Witt its own Weapons, We are HOW Willig Lo live freedom on its own terms and jet tho worid sce that as prace we know bovi Low to win @ vatlic and to use Lie Vic tory for the advancement of human rights and for the glory o1 God. f Respectiully submitted by order of tho Acting Board, GO. T. DOWNING, President, F. G. BARBADORS, Secretary. 8. J. Murray, Mane; J. 0. Cutler, New Hampshire; , Vermont; F, G, Barvadves, Massaciu- setts; G. t. Downing, Roode Isiand; KJ. Cowes, Connecticut; War Kic! ow York: J. M. Wiliams, New Jersey; Wim. Nesbit, Pennsylvania; W. MH. Day, Deiaware; Robt. Sorrell, Marylaad; Collin Craso, visirict of Columbia; ©. H, Langston, Kansas; 0, Duan Louisiana; G. I. Ruby, Texas; G. Lebaptist, Michigan; J. Mahoney, Indians; Josep Farr, Murae- gota; i’. A. Beil, California; Kiely Coos, Virginia; Q. P. Kourk, North Carolina; B.S. Cardosa, South Caro. lina; T. W. Long, Florida, W. G, Siroag, Alabama; D. Wadkiis, Leugessee; W. fi. Gibsow, Kentucky mM, Langstou, Ohio; RK. DeBaptist, lilies; T. W Siriuger, Mississippi; Moses Dickson, Missourl; Alex, Uiark, lowa; J. B, sundersou, Uregon; L. Uy Douviass, Coloraso; W, J. Wilsou, Dakowi Dy Marun, Wyomlog; T. T. Detter, dauo; J. F. Cook, Washingion Lerritory; G. B. Vashou, New Mexio0; Jed. Spellman, Alaska; commibiwe DECEMBER 9, 1869.—TRIPLE SHEET. » INANCIAL AND COMMERCIAL. eee WebNespaY, Dec. 86 P. M. rhea apaperative tone of the President's nessage anaes < vise recoumendat.ons of Secretary Bout- wellto en legislation on the question of specie payments aw e oe ee in their effect upon the generat bux ¢ city, Where considerable distrust and dep. ation lad been begotien of the resumption demam * and prophecies of the more radical organs of px °¢ Opinion. The dangerous expedient of legislating “PCle payments instead of permitting the councry 4? TOW to resumption by the natnval process receives, "0 encouragement from the Execative oftue nation & nd his flnanctal minis- ter, The prospect for the wit, * Had been gloomy in certain branches os trade, an@, 1488 OF bad times had rendered our merchants very wa, “489+ The feeling 13 now more confident, and thougm by '#!2es4 18 dull, except in the live of holiday goods, 16a, %3 NOt pro- duce so much despondency,. It 1s the se, ‘800 when duiness 13 looked for. The year will close OUb with asteadier and more cheeriul feeling m mer Canile circles, in consequence of General Grant's and Se retary Boutweli'’s position, The money market '0o- day was active up to two o'clock. Previous to tha’ hour the rate on cail, with pledge even of govern- ment collaterals, was full seven per cent, the Ger- man bankers being larze borrowers, for the purpose, itis supposed, of carrying the bonds bought to catch the rise in the foreign market. ‘There was also & disposition to make time en- gagements for periods running from thirty to sixty di Toward the close of banking hours the market was irregularly reported, borrowers and lenders seeming cot to meet each other, so that in some portions of the street six per cent was the rate, While in others it was still sharp seven, ‘The reason of this doubtiess lies in the partial disbursements of the Sub-‘Treasury in payment of the bonds bought this noon, the sellers who got their meney late in the'day being anxious to place it over, night, and hence olfering down the market. Commercial paper was steady and without new feature, Prime names were current at nine to twelve per cent, and infertor grades at twelve to eighteen per cent, according to time and endorsement, ‘The government bond market was unfavorably affected by @ heavy decline in London, where the 67's at flve o'clock this evening had fallen to 8544, owing, 1t 18 conjectured, to the disappointment of foreign speculators at the tenor of the Prestdent's message, which, from the outcry tajsed by the press of this country just succeeding the gold panic of Sep- tember, they thought would take strofg grounds in favor of an early resumption of specie payments, We have often adverted to the curious influences of the fwo markets upoa eich other—that is, the home and foreign. Héwever complex wese influences itis always certain that a decline abroad leaas to a decline here. The differeuce between gold and greenvack quotations is, of course, the reason of this imugicacy. Tie inherent strength given domestic prices by the conservative character of the policy of General Grant and Secretary Boutwell combated the effects of the foretgn decline, especially as the gold market was so stroug. ‘The yielding here was a quarter to three-eigiiths per cept only as con- trasted with a fa'l of over a half to three-quarters per cent In London. The fact further illastrates what has been remarked above as to the steadying influences of the President's message upon the gen- eral market. The agents of foreign bankers in this clly have not proflved as largely as they expected, if they have at aul, by their recent purchases of gov- ernments to realize the advance predicted upon ex- pected specie payment recommeadations in the Cons gressional documents, Tue market at the close was heavy, particularly on the announcement that a bill had been introduced to make the national banking system free. Whatever strength had been commu- nicated by the offer of the governmeat to buy two millions of bonds to-day was counterbalanced by the jarge offerings at the Sub-Treasury, where the total of the’ proposals to sell was over tive and a half mu- lions. The fotlowing were the closing street prices this evening:—United States currency sixes, 10774 a 108; do. sixes, 1881, registered, Tl4.a 114%; do., do., coupon, 18's @ 11834; do. five-twenties, registered, May and November, 112% @ 113; do. do., 1862, cou- Don, do., 115 a 1164s; do., do., 1864, do., do., 112% a 113; do., do., 1865, do., do., 113 a 11334; do., do., registered, January aud July, 11134 @ 112; do., do., 1865, coupon, do., 1153g & 11534; do., do., 1867, do., do., 115%% & 115%{; do., do., 1868, do., do, 115% a 115%; do., ten-forties, registered, 108 # 108%; d coupon, 108 4 a 1057%. The gold market was @rong and active, the price rising to 124. The bull movement predicted in the begimuing of the week has been maintained, as,the gradual advance each day indicates, The ‘bulis’’ are encouraged to persevere, owing to the abseace of contraction ideas in the public documents and to the chance that Congress will expand rather than dimtnish the volume of currency, especially as the two most prominent members have already intro. duced measures to make tue privileges of national banking free to the whole couutry. The “bears,” on the contrary, are selling in expectation of the large outcome of gold from the Treasury in payment of the January interest, and upon the flattering charac- ter of our exports of cotton and produce, and the corresponding weakness of exchange. The range of the gold market to-day was ag follows:— 124 « 123% 14 124 + 123% Ola Holders of cash gold paid seven to five per cent to have their balances carried over, The Gold Board was in executive session this afternoon upon pro- posed amendwents tothe constitution and byiaws of the association, Tae operaiions of the Gold Ex- change Baok to-day were as follows:— Gross clearances Gold balances. Currency baiauce Southern securities were feverisa for the Teunes- seo’s and North Carolinas, which lost thew recent iuprovement ald again weot down, The South Carolinas were jower in consequence of a propost- tion in the State Legisiature to fund the new Issues of the Bank of the State. Tne following were the closing prices atthe last board:—Tennessee, ex-con- pon, 50g a 50)%; do., new, 4255 a43; Virginia, ex coupon, 59 a 54; }eorgia sixes, 82% bid; do., sevens, 94 vid; North Carolina ex-coupon, 43 @ 44; do., new, 81a 3144; Missouri sixes, 00 a 9034; do., Hannibal and St. Joseph, 974g; Louisiana sixes, 60 bid; do., sevens, 70 bid; do. levee sixes, 59 a 60; do. do. eights, 76; Alabama eights, D4 4 95; South Carolina sixes, new, 65 a 70, The present pr&es of gold have greatly strength- ened the market {or the raliway bonds and mort- gages. The activity would be greater were tt not that 80 Many new loans are consvantly being floated, thus increasing the competition, The bida to-day at the Stock Exchange were as follows:—New York Central sixes, 18%, 66; do., 1887, 8642; Erie seve fourth mortgage endorsed, 724%; Hudson River sevens, first mortgage, 1869-70, 101; Hndson River sevens, second mortgage, sinking fand, 1885, 102; Michigan Central first mortgage eiguts, 1382, 116; Chicago, Buriiagwn and Quincy eight per cent frst mortgage, 1054; Michigan Southern and Northern Indiana sinking find seven per cent, 9414; Pacific Kailroad sevens, guaranteed by mortgage, 91}; Central Pacific bands, 94.4; Union Paciiic first bonds, 843g; Illinois Cenwal seven per cent, 1570, 116; Aiton and Terre Haute fecond mortgage preferred, 79; do. do, income, 70; Chcagzo and Northwestern interest vonds, $4; Cuicag¢ and Northwestern consolidated seven per cent convertible, 8744; do. consoidated seven per cent fir® mortgage, 90; Lackawanna and Western bonds, 93; Delaware, Lackawanua and Western {rst mortgage, 93; do, do. second mortgage, 92; Toledo and Wabash second mortgage, 79; do. equipment bonds, 74; Toledo, Wabasu aad Western cousolidated vouverit bie sinking fund, {944; Great Western, secona mort gage, 1893, 7744; Ulinois and Southern Iowa, first mortgage, 70; Galena and Chicago extended, 100; Ohicago and Rock Isiand, first mortgage, 10154; Clie cago, Rock Isiand and Pacific, 96; Morris and Hssex, first morigage, 964; Morris and Essex, second morte gage, 91; New Jarsey Central, first mortgage, 99; New Jersey Central, new bonds, 97; Pittsburg, Fort Wayne and Chicago, first mortgage, 99X%: Pittsburg, Fort Wayne and Chicago, second mortgage, 95; Cleveland and Vitisburg, fourth mortgage, 75; Ohio and Mississippi, frst mortgage, 92; Dubuque and Sioux Central, first mortgage, 93; Peninsula RKali- road bonds, 85; Milwaukie aod St. Paul, first mort- [ eaue, eights, 1014; Milwaukee and Si, Paul drat 800 Cen Vac 0 do. UO A & TH Od 100 do 1000 Chie & NW 200 Chie 4 1000 T &Wab 24 100 do. 2000 Cleve & Pi Minnesota division, 87; Chicago and Muwaukie, first mortgage, 87; Columbus, Chicago and indiana, first mortgage, 7434; Columbus, Chicago and Indiana, second mortgage, 61; New York and New Haven Sixes, 94, ‘The totlowing were the awards at the Treasury bond puiguase to-day:— 20,000 05 r., 0. 22,000 "65 £., 0. 10,009 '65 1, Dee. 00 td | : oe 48,500 764 Fe. S1ia 38 ose & oo Foreign exchange was dull after the sleamer, but inclined to steadiness at the rates of the recent Qecline, The range of the leading quotations was as follows:—Sterling, sixty days, commercial, 107% @ 108465 bankers’, 1083; a 103%; do., shor sight, 109 109%; Paris, sixty days, 6.23% 95.18%; do., short SIghE, GAT, & &16%. e ‘The stosk market was still under the influence of the bull movement which was initiated towarus the close of lass week and has been since confirmed by the character of Secretary Boutweil's report oppos- ing the legisiation of specie payments. ‘The advance was quite remarkable in St. Paul, Reading, the Van- derbilt securities and Pacitic Mail, With reference to St. Paul, although the meeting of tue directors does not occur untli next month, tue dividend on the preferred is reported to have been tixed at Seven per cent cash and three per cent new com- mon stock, and on tne common at four per cent cash and six per cent scrip. Lhe books of Northwest ciosed this afternoon and quotations to-nighe are ex- dividend. ‘The comuion soid as high a3 73, equal to about 767% with the dividend, which, though four ‘per cent, seemed to be rated as worth only three ana seven-eighths per cent in consequence of its carry- ing the liability to government tax, In the muscella- neous railways Chicago and Alton was weak, owing to the action of the directors in proposing tne issue of fifty per cent new stock, one-half to be paid for at par by the stockholders accepting the dividend. Of course the action of the directors reguires the sanction of a vote of the stockholilers, who gene- ratly ewpected the simple issue of 100 per cent new stock, the equivalent process of doubling the capital of the road. In the more active railways Kock Island and Lake Shore were heavy and failed to keep up with their Western rivals, St. Paul aud Northwest.. Reading sold as hign as 995%. The express stocks were again buoyant with the progress of coid weather, which, by closing navigation, stim- ulates the business of the railway express limes, Adams’ rose to 604 and American to 40. In the mining Uist Quicksilver sold at 18, but reacted later in the day. Pacific Mail was active and touched 52}4, but also fell off towards the close of business. In fact there was a general disposition to realize at the advance of the day, and in transactions subse- quent to the last board the whole market declined @ half to three-guarters per cent. The Governing Committee of the Stuck Exchange met this after- noon to discuss a proposition to buy adjoining bulidings, or else to erect a new Stock change to accommodate its increased numbers, ‘The following were the closing prices of stocks at the Stock Exchange:—Canton, 50 bid; Cumberland, 2614 @ 27; Western Union, 385 @ 353¢; Quicksilver, 173% & 18; Mariposa, 8; do. preferred, 1534; Pacific Mail, 62 @ 52:¢; Boston Water Power, 15; Adams Express, 60 bid; Wells-Fargo Express, 17!4 a 18; American Express, 395¢ a 40; United States Express, 61; Merchants’ Union Express, 94 bid; New York Central consolidated, 91% a 92; do, scrip, 83\4 a 84; Harlem, 156; Erie, 26% a do. preferred, 47 bid; Reading, 9934 a 9954; Michigan Central, Mg bid; Lake Snore, 8734 a 874; Illinois Central, 134 a 136; Cleveland and Pittsburg, 82% bid; Cutcago aud Northwestern, 76% a 76's; do. preferred, 909; a 90%; Cleveland, Columbus and Cincinnati, 734 a 76; Rock Isiand, 107!4 @ 10734; Milwaukee and St. Paul, 7T3'¢ & 73g; do. preferred, 86% a 8674; Toledo and Wabash, 57 a 67%; do. preferred, 74; Fort Wayne, 8734 a 88; Alton and Terre Haute, 27!¢; do. preferred, 57; Ohio and Mississippi, 26% a 264%; Delaware and Lackawanna, 106 a 1081s; New Jersey Centra), 89 a 90; Chicago and Alton, 144; do. preferred; 143% a 145; Morris and Essex, 88; Hannibal and St. Joseph, 103 a 10814; do, preferred, 10314; Dubuque and Sioux city, 110 a 112; Columbus, Chicago and Indiana Cen- tral, 22a 224. The range of the stock market dur- ing tne day is shown in the following table of the highest and lowest prices:— N.Y. Cen. & Hud. Consolidated. . N.Y. Central and Hudson Scrip., Harlem. Erte. Highest. 92 8 Lowest. a1 Northwestern......... Northwestern preferred. Rock Island......... see Milwaukee and St. Paul. Milwaukee and St. Paul preferred. Onio and Mississippt. New Jersey Centra . Western Union Telegraph. Pacitic Mail, Adams Expres: Weils, Fargo & Co. Express...... Amer. Merchants’ Union Express, United States Express........... The following shows the exporis (exclusive of specie) from New York to foreign ports for the week ending December 7, and since the beginning of the year:— 186 1868. For the week.. $4,628,013 $4,020,001 Prey. @eported, 175,050,521 152,871,064 Since Jan. 1....$179,678,834 $156,892,265 The foliowing shows the results of to-day’s busi- ness at the Sub-Treasury in this city:— General balance yesterday + $39,816,439 Gold receipis, . 44,200 Gold paynents + 1,041,450 Goid balance..... « 80,89 Currency receipts. Currency pay nents. Currency balance. General ba ance. Customs tuciuded in goia receipts 1, SALES AT THE NEW YORK STOSK EXC'IANS3, Wednesday, Dec. S=10:15 A. Me Ww Gvves sae 100 Wells-Fargo FE. ase ee ser mortgave, 90; Milwaukee and St. Paul, towa ana | 12000 Lo ‘mans 8 Ala 8's, Te. 100 Toi Wade WH dy Han i St Jo RI. Lake Shore. Northwestern’ EPORL Favar, Dec. 8 47. M, CorToN was in active demand, both or ‘spinuiny aud exe port, a ‘od business was consummatod. t'rives wore Tathor weak ut the openin ‘eauy at (he cose, when the offerin; were omy mo.erae, The sales were 3,°8i vies (including 173 to arrive). of which 1155 were for ‘spinning, 404 for export, 75 oa apecniaston ant 400 were in transit ‘The busisess fn (ube desveries was fair, ani thowaes were As foliows:—L0 vales basis low tiling Cor January, ut 24%40. 5 500 do. for Desember, part at 2440. ; S00 do, lor saaue sry, part APIA sgc. ; 800 do. for Apel, ab 2/40. ; W do. even. miidiing for March, ut 2s b)-i6e. « 2Uc.; 1W0 "du. average tide ding tor Jazuary, on private terme; also 200 baccu basis ow mid] tng for Decemuer, free oa board at Savanah, nes aid 7000. du. Lor du,, fre aah ua Rend 70 40 tly Zor don {reo on bowed at Mobile, om privale Wi Ordinary. ALM. -Keceipta, ist 0 our, 16.93 do. corn, 2,00 D rat, 3! 113 do O1t8.7,55 do. rye, 2,¢ do. mait, 49,404 do. burley, 18° bbls, aud Ts. baw corn weak, The flour market was dull but uuchanged, tiou.h Weaver, bran ig ruled in favor of the bayer. ihe alex were aout Inciu ting 2,000 42.0 0 bbie. choicowatra State for #579, Southern ticur was a Lnvted ceman apd Sales 150 bbls. Kye dour was wcady, with sales of wore nical was Gull and heavy, Ve quite: — Be 2 Oi 2>e fa 50 State mae rar t keatra State. G2 a hoo Choice do. ba 6a Superfine Western. 46a 00 Extra do.. i 52a ho Jxtra Minnoanta, ao ba 6% Round hoop Uhio, shipplug bran! ba be Round hoop Ohio, trade brands bia 60 St. Louis low extra, ae Guia 650 St, Louis straight ext: ‘ Siva 700 St. Louis choice double exira, qitia 1% St. Louis choice family. Tis a 900 Southern choice and fambiy... $00 w 10 Southera superine and eatra. wa California tour (sacks aud bus, bWa Ve kK: 4a 6 Corn meai, cit; SiO a 525 Corn meal, Bra bia 636 Corn 4 = More. salea of No. spring at $12) in store, but they ev! wot be traced to any reilable source. Corn was wull and nominal at 109 a #1 lu ime im store nd afloat. ‘The saies were ouly about 10,000 Uushe # at #1 for new Weste era mixed, 5c. 1 for yellow Jersey and Southern, and $115 for'old yeuow. Oits were more in-demand, Uu. ab lower prices, the sales Leing about 46 0U) Lushels at Gic. = Bhiges, Including J Be. Aue. Kye was dal and weal U4 ror Western aud 31 6 a gL 13 for J Larley was less active, butfirm; the sales were 20,00) bushels at Si 1) (or choice yanada West. Ov varley malt Va el 35. 1,400 busuels State were Bld at $1 FREQGMIS.—The market was yutet fo articies, but ms enses tisimer. sue de number chare 0 bis. tour we sa; to 600 bbia, road don, 4,0 0 bn . ob ihay 408 bbid. Vonrat 2s, Sd., Lu terees beer at 4s. v4, au per slean bales hops “at su.; 10 bristol, fu bola rosin at 2s, 9d; to Ant 25 hhds, talow, at wba; to Rotierdain, 50 bis, rosin at us, tJ. The char: tera bare to Swansea, with 3,00 bbla bark to porto, with Liv 0.1K, ‘puty park to rietol, with 3. uvU ‘abark irom Philade!peia to a direct p. 1 3,500 bois, petrolewa, a: 58. bd, anda brig) with 1,600 bila. uo, to & port in France, oa ‘private NIES weg dull ant momaiaal at yesterday's quota tions. No saledwere reported. Hlops.— The mar excopt for sinall 10 the petter grades. to Se. for common to choi Hew was dud and 5 published in on ia Hay.-ib dall, thera bela. no demand I G Bake fo the extent of Bde is. at Sc. a Bic. B were Weak at the quotations published in « NAVAL SiO2k8,—Ke spire tuzpentine and For the iermer the miorket waa, the de aly (or retail lots, and wa be r mand being consequence; dic. wa which were Held at 4535 at a1 )ge. cuanged. wn aud good Strated at $2 U5; 210 do, No, 2 at gi W wu gu i) an Sted. Ro. aad paigal $4 43 dit > $2 05; No. 2, B2 lw g2 5); No. I, a 95; extra du. widow gi ) Ro Lh we Bo Lb. ar Was dui} nn nominal Mt YH WW for Wvaaulagton aud 23 6s for mmbagion. O11.8.—Lanseed was dall at 9c. a ‘Sc., {u casks and bbe, ‘Other kinds were dail, but unchanged. \ve Leard of ies. OLEUM.—The market for crude in bulk was culet, bat steady at 18sgc., at which price 7 the cl bbls. market for retined w: the close of at which price a tritie, cosing wits svilers demsating ies were 5.0.0 ddis. fur septemier at for do. at S2sc., and (rumored) 1,00 or qc; algo 100" bvis. ‘for Fuoruaty at UIue. d heavy ; avout #1 bb s., to be uelivered Ive, Th Vailadeipita the aarke: (or er opeued at L24¢e., but suvsequently de- g price. The basivess beng 1,00) bbis, on the ecemucr at B2r_c, i 12 %40.—wlinuah tor price—and 3.500 ao. for Deven ver at Ade. PRovisions.—ieceipts, 37) bie. pork, 197 do. veel, 27 ut meats and 166do. lard. ‘be mark Ou the spot was quiet, the demand sill Leino Jots, but prices were quie stersay's For future delivery tue waa ight, but prices ware ‘The sales were 74) ovis. at 333 a $38 4 {or old mess, 3 ced ew tor J ‘or vebruary 4c. @ 1Sge. for Western und were fa aight demaas, and, do- option, and 290 do, rast ai 13, * Buy bead, prises Ss were ‘heavy aud lower, civsing at lve. a 1W\c. for common to prime Beef hams were stealy at former ngurcs and sales were 75 bbls, at yd @ S31 Sy (or Wesern, Beer was there being no dewaud & for small tots, but were rather more siewiy. ‘Tae wales were about 10 tr Lt a $id for old mess and $12 a §./ [or new do, ‘Tierce beet Was in active request, Dut pric’ were rather w There were bold 100 igrees as 29 ym aL for Lu ia mess ‘and Bo w 423 (oF prive do. Baw though quiet, waa Gira, with wales of 7) voxes at 16y short rip «ust 16}y0, for Dutanertaia ent, to arst Ft r ro Tage. a 19.4 OW Levees ur Jaau ary delivery terms. TUf.—Carolina ¢yntinded fa good demand, were realized; 1.0 casks aie. ie —The market ie rendered; al 1 full prices: commun ( pulme were sd ab raw was stealy te vemand, cately [roi at Ho, w Llige, Lor Cuba, 13 6 Port) leo; also 5) ‘boxe i for erat Hard, 20e. w Lbige.; 2014 wh 3 @ ISkc. aud ate a Lge nae quote: ej fair i I, H's, abd boxes, Lag die, Kava. Jamnall 116% 7 Am Mer 894 | Oe. Fo oo theGal ‘iy mya 58g 20000'N Yor aH Nl states tees a ", + 1g ay ni S were thactive, end prices were uominal S000 Tenn tia, ex ¢. S336 » rotive anl the sales were 8000 Tenn 6's, he conned to About |! at froma Liga to Lodge. (08 Cou aes | Monto prime, in hhdas, and Loriet. $ 16” TALLOW. The deusod was on y moderate, but prices aor 4 Piihg 503 Koadina Ri 95 1.0 108. Wor wuld at 10 yo. & MI ain “4 do. fas 630 bots, Business was ti : : , and prices Wore heavy, « & inn Balus 160 bbls, at Bi US a G1 0534, closicg at tos omde do 100 LakeS & M 400 dow. 200 Chie & NW pref. 1000 ATL & St P 8 OVO M TE 10's, ot Wwe CAN Woe 2500 Pitts, FLW 1000 Dub&Sioax€ Ist 1000 Lake Shore div ba ‘5000 C Ash, new b 10 ahs Ninth 15 Manhattan Bank, 200 West U Te do. 100 Quksilve wo do 0 Mil & st do. i 50 Chicago & Alt pref. 1 100 N J Ceatrat RD ec Wh 12 M, nad 2:15 O'Clock P. M. "el, #25000 US 8-20, 0, "47.09 115% 400 de i 500 i 100 Camb © 10000 US 6 00 do, 14000 US 5 10000 do, 10.0 US 1 10s * fa x lus 92000 Tenn 6's, excou... ‘50 We do... Bo 13000, 100 14,00 8 Cote, 400 NC 6's, 72, | and Kapp. _ Comalis3i0 The Poard of Commissioners of Ew!gration mes yesterday afierpoon at 141 Broadway, with tne Vice Presideut, Commissioner Wini ston, in the Chaar Besides Ane presiding of) there were present Commissioners O'Gorman, McElioy, Smita, Louwred Very litte business of pablic interest was transacted. ‘The minutes of the last meeung were revised, and a slight Gicussson sprung up a3 to Whether the charges against the railroad agents bad /been relerrer to the Com wiitee On Grievances of tae Committe ou Railroads, 100 geveral searimé nl seeuied Lo be Liat it mattered but Lice to wuick Comuiotee the mawec bad been referred, provided fis livestigution was. promplly and publicly tage, ib Was tnadly decided that the motiov should be Wit bo the Couuitwe on Grievances. in regard to the plans {py thé proposed new on Waru’s Isiaud, Couoss.onet O'Gorman stated that he had revived inumatious from several arcin- tects WO the @ciect that Untli the 10th Mats Was boo. short atime lo aliow ior the compledon of proper plans, and he, therefore, moved tuwt tae time ior san Mmivting the pikus be exceaded to January 160 Some. Sight discussion arose on Whe Subject, and was finally decided to wait unt tue 15th iostant, and .o aeieimine then on Lue plan submitwd, Woetier it woud be proper to exteud the time, After some tier routine busi regs the Board adjourned, sylum, uo scial-moathly report of the Comm soners was sublnitied, aud sioWs a3 foLows —btuwrants ar rived (o December 1, 260,004; from Decemoorl te December 8, ),1.0; total to .51,102. To same Mote In ice, 205,101. Kalance in Uand January 4, 1569, $8,041, Agerecate reveipts to dale, $515,1705 Loe ty 901,85 {—-UNLRUS® VS Suvh.3aa, Gisvursements vo Oredit of G