The New York Herald Newspaper, May 12, 1870, Page 8

8 SOUTH AMERICA. Closing Scene of the Para- guayan War. Social and Political Affairs ‘nm Brazil. -Prosperous Condition of Bolivia and Troubles in’ Chile. THE PARAGUAYAN ‘WAR. ‘The Chesing Scenes—Gaicial Reports fromthe Brazilian Commander—The Surprise .and Slaughter on Aquidabau—Mild Account ef the. Butchery—Massacre of the Paras gunyans—No Brazilians § KilledLopez’s Family Prisoners. Rri0.TaxBiRo, April 7, 1879. On the alist of March, in-my correspondence for- warded by. the Patagonia, | furnished a transiation of ‘Me only oficial despatches received up to that tine Telative tothe closing scenes of the Paraguayan war. To-day, however, I am cnabied to send the ofietal ‘Teport of the brigadier general who executed the @perations wiiich resulted in.the surprise and death of Lopez, aud with this reportthe Paraguayan war passes from the province of your correspondent to athe domain of the historian. When Lopeg left his camp near Panadero, apna- rently forced thence by the exhaustion of the wild ranges and palm trees upon which lis followere qmaloly subsisted, he abandoned ail his sick and the wajority of the women, and hid away the heavy eannon he had at a river ford a few miles off And, * ip regard to hidden cannon, some-twenty or thirty are believed to have been buried at Ascurra, and many others at various places, but the allies have ever been able to«liscover any of them, so well tne seoret has been kept. On Jeaving Panadero Lopez coutinned his march morthward.along the east side of the mountains of Maracaju, as tne Brazilians call them, or Amambahy, as they are known to the Paraguayans. He appears to have had about 1,400 persons with nim, twenty small cannon and twenty or thirty carta, conveying Money, some food tor Lopez and his train, some- arms and a little ammunition. His draught ,oxen were few and they were obliged to be sent backward and forward to bring wp the carts and capnon. Lopez and his immediate suite had their store of luxuries, but lived ehiefly on the milk of some sixteen-cows belonging to Mra. Lynch, and the remainder of his followers had to find their food in the woods, supplemented by @ little beef whenever @ steer broke down and could not work. All who could not keep up were Jeft to their doom of starvation tadeath, and toward ‘the last all who gould not travel and hunt for food 4p the woods were put to death, without exception. Soon after Lopez started from Papadero to march nosthward the news reached General Camara, then’ at the Paraguay, at Concepcion, remounting his cavalry and refitting. This general at once con- ceived the idea that Lopez's aim was to reach the abandoned Brazilian village and fort ef Dourados, 4m Matto Grosso, where some cattle could be got. Dou ados lay avout 150 miles to the north of Pana- Gero and abdut 250 from Concepcion. General Ca- mara, with some 1,500 cavalry, infanwy and artillery, determined to set out with forced Marches along the diagonal to Dourados, while @ similar force, to set out later, was to strike the bush road, which Lopez was moy- ing along, and to keep c¥ose bebind him, harasalog Ais regr, but avoiding an engagement, so that when Lopez would reach Dourados both the Brazilian corps wonld be close to him and could strike a deci- sive blow with superior numbers. veri ty Sout Camara marched northward towaras the Pe gi pr fort of Bella Vista, on the froniier, occupied by @ Brazilian brigade, placed there to gui the Apa country, which he purposed to unite with his, and take on to Dourados. How- ever, when not far from Bella Vista, he got word from the commander there that Lopez had not con- danued on the road to Dourados, but had left it aud turned to the west to occupy an excellent camping ground in the middie of the mountains, ©o the south side of the Aquidaban, just within Paraguayan territory. Only two roads from. it existed, one running west aud noish to Dourados, which for a long distance was cul through the bush, impenetrable, like ati South American bush. Alter fifty or sixty miles the bush road divided, one fork going to Dourados and the other to Panadero. The other outlet Jed in the oppo- site direction. Camara then changed his plans; he dered the brigade at Bella Vista to march with ali speed to Vourados, ges into the track there and hurry down to occupy the fork of the road and shut the ontiet at that side, while he himself marched with foreed marches to shut up the outiet at the other side, to the northwest of the Aquidaban, north of which river Camara then was. On this march Janiara learned from a deserter that his march from totally unknown to Lopes, aud that self free from attack for some time. a ra then determioed to push on with a small body, in the hope of surprising Lopez before he anti- cipaied any danger. Taree days’ march brought hin to the. mouth of the outiet, and Lopez was shut up at thatside. In irontof Lopez was the Aquida- ban and about three miles before 1t was the Taquara. At the first river four cannon were planted to defenu Ahe crossing at the ford leading to the camp; at the Taquara ford were two cannon and about twelve men a8 an outpost. Some Brazilian cavairy suc- cee led in crossing the Taquara during the nightand at daybreak charged on the outpost, securing the cannon before they could be tired, cf An ambush placed in the bush roag between Lo pez’s camp and the captured outpost secured an oiticer who gave Valuable information. One or two men of a party escaped the ambush and hurried back to Lopes. Camara hastened to atiack; his in‘antry deployed upon the bank of the Aquidaban and opened on the artillery on the other side; the cavalry and infantry charged across the river, cap- tured the cannon, routed a force arriving too late to reinforce the defence, and, with the lancers in tront, debouched upon the open ground where Lopez's tents were pitched, and a force of about four hundred men drawn up in column, himseif af the head. According to instructions the lancers divided and swept round paseine column to occupy the mouth of the bush road and close the trap, aud whtle the Bra- zillan carbineers (Spencer carbines) formed as they emerged from the road from the ford tw the camp the commander ef the attacking troops, with his Staff and a few cavalry, siscged to engage the column and prevent Lopez escaping. It was a bold and a dangerous act; but the carbineers came on im line, enveloped the column, pouriug their terrible fire into it, and especiatly on the part Where Lopez was. The starved and poorly armed Paragnayans could do nothing against such a fire. The slaughter was frightful, and in a few minutes it was a saure qui peut, Lopez, with his staif and a few of his body guard, made for the bush, followgd by the party of Bragitian officers and cavalry Who had devoted themselves to hits pursuit, In his fligut he was wounded by a corporal of cavalry, and lis protectors were cut down aimost toa man, When he reached the stream beyond which was the thicket he threw himself from his horse, waded it, but was so ex- hausted that he fell half fainting on the opposite baok. There the Brazilian general summoned him to surrender, and, on his ot with lis sword, ordered him to be disarmed, which was scarcely doue when Lopez died. Near by a shailow grave Was dug for him; but on Mrs. Lynch being brought back with the body of their son, Colonel Francisco Lo who was sialn while commanding an escort Mrs. betes flight, and whom she and e ughters and son had taken up aud washed, they dug adeep grave, with the ald of the lids of cigar boxes, and deposited Lopez's body at the bot- tom and above him that of the son. Thus, at ieast, The obscquies of the father and the sou were done by loving hands, The fight, if fight tt could be called where the vic- tors’ 1088 was only seven wounded men from the first to the last of the eonficts of the day, was completel decisive, as, besides a large mumber Killed, 240 pri- goners and sixteen capnon were taken. Very few of the foree of 1 ould have escaped, for the matted ‘bush in one ci ion and the precipitous hills in the other which bounded the piain almost fenced it, andthe carbine and the lance did the work of de- struction well, Escape by the rear, bush road was impossible; for the force seut round from Bella Vista by way of Dourddos to occupy its end had by extras ordinary Marches entered it the same day and an outpost With two Caunon Was routed and the vannon taken. Ii the engagement with the starved and miserab! avmed force of Lopez was noi of a nature to Seni much honor om the well fei and splendidly armed Brazilian troops opposed to it, it must be admiticd that the latter troops displayod great energy, endu- rance and intrepidity in their marches and ‘attacks, and that Generai Camara has well earned a nigh re- putacion by the ability of-his plans and the splendid manner in which he carried them into effect #0 as to have scarecly @ loophole for the possthtlity of faiture. Mra. Lyneh and her children, “together with the Moiher and sisters of Lo} are looked for in Rio this month—at least the last news from Asuncion Says Such was their destination. It is said, how- ever, that their residence here wijl_ be temporary, until the new Paraguayan government will decide npon the policy.of permit ir forvidding their re- turn. It if likely, Howeve hat Mre. Lynch will go to Europe to reside, and tb is beileved no obstacle wii be put im her way. Asno treaty of peace haa yet beon made the Paraguayans here remain nomi- Moly prisone:s, bur ings of them are working Bure- tiny ‘at varions ccoupations, and It As probable Sout agouti ane’ earn mone, for better epportunity shan Para- guay. % , ‘The Comte d’Eu is expected to leave ay on, ‘the 20thof this month, tner with ne malority of} the chief omcera of tue army. The Sroepe are concentrated at Humaita, and about thi yeuas were reassembling there for them and the officers, Most of she gunboats and other war vesesels are alse leaving, aud-only a few will remain. BRAZIL. The Hmyeror and Slis Cabiact=Treuble= Turning Information to Account=Progress of Emancipation#ickuess=CensusNews from MontevideomMiscellancous, Rio. JANEIRO, April 6, 1870, ‘The triple alliance treety provided that, on the expulalon.of Lopez, the allies were to deave 5,000 men for five years in Paraguay, It is rumored in Rio that-upen this there Ika divergence between tha Emperor and his Ministers, they wishing to with- draw everyman, and he insisting on acting accord- ing to thestreaty stipulation, Another source of reported discord between the Emperor and his Cabinet ts sald to be the appointment of a number of councillors of State. His Majesty has selected the chief men ef the liberal party, some to fill the vacancies 4n his eounci!, aad others as coanctilors:in exiraordinary. The Council of State 1s awery im- portant body, though its funetions are merely consultative, as the Emperor, in the exercise ofthe great judicial, legislative and administrative powers given.to him by the constitution and laws, ia bound to obtain @ report from it before acting. Almost every matter of any impdrtance is also sub- mitted to it by the government, The present conser- vative government naturally objects to the liberals being appointed, but the Emperor says that the Counc! of Siate is not @ political body, and party should not have anything to do with the appeint- ments, This was the doctrine of the late Premier, Senhor Zacarias, in whose Ministey several appoint- ments Of conservatives were made, and was defended by him on those grounds, With regard to this gen- teman it is said Ghat, in addition to appointing hin An effective member of theWounell af State, he ts to ‘be made a viscount, and some other leading liberale are to be also ennebled, ‘The captain of the English steamer Tycho Brahe, which brought the first news of the death of Lopez, and took it to Rurope, played the people of Peraam- buso a trick which has made some of them ex- tremely angry. Pernambuco was not aport of call for bis steamer, but on tie night of the 25th the steamer lay off the port, the captain sent 01 shore, called on @ merchant there, left without discios- ing the news, Which became known only on the 28th, when a coasting schooner came in, e mer- chant, however, went heavily into certain specu- lations and cleared some $250,000 by them, to the reat disgust of those who were not in the secret. ‘The captain hds been made Knight of the Grder of brs ag but, of course, mot for the Pernambuco rick. The condition of the drought-plagued provinces is improving, as @ general thing; but no alleviation hag occurred in many alstricts, especially im Alagoas and Western Pernambuco, wkere the emigration was still going on, At the capital of Ceara, how- ever, @ fall of nine inches of water occurred upon rete of chal d the foymation of ‘The em: of children ani ie foymation liberating motaotien goon on in the provinces, and Rio Janeiro has also begun to move in the same direetion. The Grand Orient of Brazil (Masonic) has resolved on meting emancipation, and upon the 26th ult. the do freed twenty little girls and a boy, and seventy-\nree ladies signed a docu- ment forming themselves into a liberation pony for the promotion of abolition. Some otier chil- dren have since been fre by other lodges and by other a. and it appears as though Rio Janeiro 1s going to take.a proper place in the promo- tion of emancipation, Yellow fever ts rather declining, but the type of the disease is somewhat severer, and the Brazilian whites are generally anos @ good share of what is going. The deaths of late have lowered to from two tosix. Among them, on the 2d, was that of a fine fey | Americau, named Frank W. Weld, who was ere Seeking for a patent for an ice machine, A census of Riois ordered to be taken on the 17th. Its popuiation has been an unknown quantity for thirty years, and the guesses are between 360,000 and 600,000. In my opinion, it: will be foi under 409,090 for the city proper. However, the census will incinde the whole municipality, witich is some nine miles square. An old woman has died in this province whose baptismal register sows that she was 112 years of age when she died. She was a widow, never bad any children and never took any medicine. Whether or not these paogarttles had anything to do with her longevity I leave to the ae As I mentioned before, the Feil system of railroad for ascending mountains isto be tried in the pro- vince of Rio Janeiro upon an extension of the Cantagallo Railroad, on Which work was comimenced Jast week. If on practice it be found to answer it will be of aed service in this country, where the rise to the plateau from the low seaboard is so steep asto make ordinary railroads dificult and costiy, and where the great majority of the trafic is down- ward. The intelligenee receivea from Montevideo repre- sents the whole repubite still at sixes and sevens, but no fighttog bad yet occurred beiween govern- ment troops and the insurgents. Of Buenos Ayres and the Confederation generally nothing except of local importance is reported. The murder in Buenos Ayres of the Italian Consul who was so friendly with Lopez had caused much sensa- tion in that place and somo disturbance among the Italians. fe dagger found in the body bore vhe following inscription:—Thus is punished he who dishonors Italy.” Exchange in Rio has visen to 214d. to the milreis. poversigne are about 12/350 and Brazilian gold about 123, BOLIVIA. Prosperous Condition of the Republic. Lr, April 8, 1870. In spite of the many extraordinary acts that have been committed during the administration of Gen- eral Melgarejo, 1t cannot be denied that Bolivia is following the example of her sister republics, and is taking all the’progressive steps that her limited treasury and ‘peculiar position allow her. Fortu- nately none of those sanguinary revolutions that formerly, characterized this republic have re- eently occurred, although several. attempts have been made towards overthrowing the exist- ing government. These efforis, owlug to the prompt measures effected by the adminis. tration, and the belief daily gaining ground that on peace the future of Bolivia depends, have sigually atled, and the whole territory of the repub- lie 18 now tranqatl under the orders of Melgarejo. ‘The topographical features off Bolivia, together with the limited commercial relations she holds with other nations, give little reason to hope that im- portant railways will ever be constructed within her Nmits; yet the government 1s now discussing the fewsidiltty of building @ line that, leaving La Paz, ‘will connect with the Peruvian road to ran between the city of Arequipa and the city of Puno—ihe latter on Lake Titicaca and on the Bolivian frontier. One of the most important ateps taken by the goy- ernment, and one that conclusively proves that Mel- garejo 1s convinced of the popularity of his admints- tration, is the decree made public on the Ist of March last, by which ali Pres offenders, in exile or in hiding, are pardoned and restored to thelr for- feited rights as Bolivian citizens. This decree oniy excludes from the general amnesty Morales and Corral, the two officers who recently raised the stan- dard of revolt, without any ostensilie cause, and who, after having caused the shedding of a quantity of innocent blood, were put to Might by the troops.of the government. This measure has had a most salutary effect, since the offenderg in question had long since lost all hope of overturning the ad- ministration, and, were only awaiting some suitable pretext to sue for pardon, This humiliating pro- eecding has become unneceasary, and the gratitude felt by the refugees toward a government that re- leased them from such a patufal step will soon be made manifest in the increased stability and pros- perity of acountry that tine and energy, aldea by peace, can make much of. In addition to the very mportant concession made to Mr. Piper, an American, of an tmmense tracc of land lying on the river Benl, a tributary of the Amazon, several other measures of positive benefit to the country have recently been decreed, A thorough system of highways throughout the repuplic ts being constructed, and it may be stated that when the dimcuities to be overcome in the Andes chain, and the insuffl- cient pecuniary resources of the country are taken into consideration, the undertaking, relattvel, regarded, is of no small magnitude. An excel- lent mint is in operation near Potosi, tie machi- nery having been imported from the United States, and in place of the base coin now in circulation an improved onrrency will soon pe placed in the hands of the people. A bank established at La Pag pro- gresses satisfactorily, and the government, satisfied with the stability of the institution, and powerfully influenced by sevexal very opportune loans obtained from its coffers, has decla' it notes to'be legal venders. Confidence in the present condition of alfairs appears to be general, and the returns of im- ports show a very deciled mcrease over those of the past few years, CHILE. Troubles on the Frontier=Peaco Congress— General News. VALraRatso, April 10, 1870, This diMeuity with the Indians 18, however, really unfortunate, Without strong probability of any ad- vantageous result, the’ government finds itself obliged to enter Into a wax that promises to be long, bloody and very expensive—the last item 40 @coun- ‘uy like Chile of very great consideration. Urged on by Oretée, thelr sowtyled Emperor, the Jadians appearte ve animated by that hatred to'ithe whites and determination to resist encroachment on thelt territory that made them formidable andeven invin- cible in former times. The geveral in charge of the ‘Chilean troops.appeara to be more eccapted with the ‘Weather than he is qith the enemy, and by every mail we hear of the-comfortable quarters where the soldiers bid deflamee to the cold, while whe Arauca- nians amuse themsebves by abducting everything that eau be found, from women down to washiuds. ‘The Minister of War has published an order deciar- ing the forces operating along the frontier to bein active campaign, and the départments which they are supposed to defend are stated:te be under martlal law. King Oreile takes these manifesta- tions with the greatest paeanimaltes apd the latest accounts describe .him a8 bet) ually engaged in Instructing bis willing subjects in artiliery practice, he having, by seme means or other, secured @ bat- tery of light fleid guns, which are destined to shed ight upon his iititary abilives, Tas struggle 1s really to be regretted: for aithough the settlers on the frontier require defence, stilt the fauitis, in .& great measure, on the part of .the whites, now, since the war has been iuaugurated, experience provesthat extermination ixthe cole end. ity is rapidly approaohing @ state when lberty of rel 8 Worsiip Will be a8 general.and wotram- melied as in the United States, Already many de~ monstrations have heen made regarding-the existing: laws upon the subject; for, legally speaking, no such privilege 1s allowed, aud it is mereiy.by matter of layor Protestant churches are built in the large cities, During Holy Week it has been the custom hitherto to prevent the passage of carriages and wagons through the streets, and this restriction has just been removed Santiago by the Intendente of that city. Of course a tremendous uproar was created by this act, ms it was considered by good Catholics to be a stroke aimed at the most sacred institutions of the Church. The Intendente, nevert remains inflexible, and declares that he proposes limiting processionsand such observances a8 this one to certain gus of ‘the city, so that no meonyenience shall experi- enced by the people at large on account of their re- ligious Observances. Trifles like these show cleariy how the wind blows, and more especially 4g a city that has always had the reputauon of being the Rome of America, No appointmont ergy been made of a plempo- tentlary to represent governinent in the pro- pesed Peace Conference to be held at Wash- ington, The dublous siate of the result of the elections and the distvclination of some of the candidates to aceept such an important position until the political condition and complexion of the majority are certainly known. have doubtless been the motives for the delay. The Pesuvian and American Ministers here have lost no opportunity of ur; mgene necessity of prompt action on this government, but have to contend not only with the obstacles above mentioned, but also with the unconcealed distaste of Chile to enter even into preliminaries towards arranging a question whose Tevival is 80 mortleiae to her pride. The bombard- ment of Valparaiso will always be a thorn in the side of w republic, and nothing would afford Chile such profound satisfaction as au opportuuity to erase that stain in another confict with the Spanish arms. Indeed, the re- cent political campaign, one of the pla of the latform of the extreme liberal party was the con- inuance of the war until @ satisfactory peace was reached. The celebrated Peruvian squadron, con- sisting of the monitors bought in the Unived States, their transports and a division sent from Caliao, have reached Talcahuano and were at last advices taking in the necessary coal for the prosecution of their voyage to Peru. The vessels have atiracted considerable attention since their arrival in Chilean waters, avd many comparisons have been made between Peruvian and Chilean purchases 1p the United ‘Mr. McKenna, the agent from this country, having secured several river steamers for our war fleet, Which, cost- jo? nearly $800,000, were immediately afterwa: id for seventy odd thousand dallars. Business 1s very duli; we have few vessels in port and no charters are offered. The extensive grain cultivation in California has been of immense damage to Chilean a: and the time wheo wheat was a preditable product io this country has 8p) ntly passed away. We have no American sips of war here. The Admiral is expected, but considerable doubt exists a8 to his movements, THE CASE OF THE REV. C. B. SUYTH. A Farewell Sermon Next Sunday~What His Friends are Expected To Do for Him. The, First United Presbytery of New York met At the Smith street United Presbyterian church, Paterson, N. J., on Tuesday evening and installed the Rey. R, D, Williamson pastor thereof, The com- mittee appoinied to visit Eleventh street congrega- tion in this city reported that thirty-six votes had been cast in favor of dissolution of the pastoral re- lation and twenty-three against; but two prominent members did not vote at all, Aresolution was offered to dissolve the pastoral relation, and Rev. Charies B, Smyth was called on to express his views thereon. He requested time till the next morning for reflection. Adjourned ull mine o'clock Wednesday morning. Wednesday morning an amendment was offered that the dissolution take effect on Monday, the 16th inst., and finally the original resoiution, as thus amended, was adopted, in order to afford Mr. Smyth an opportunity to preach a farewell sermon to the congregation next Sabbath. Me then requested that the clerk might be directed to furnish him with a certiticate of ministerial standing and dis- mission to the Associate Reformed Presbytery of New York, and the request was granted. Mr. Smyth’s friends will have an opportunity, therefore, of hearing him once more in Eleventh street church next Sabbath morning, but it is not likely to be the last time he will preach in New Youk. His friends onght not to consent to his lying by unemployed in the ministry; and hopes are entertained that he will soon be at the head of one of the largest and most flourishing con- regations in this great American pesconaie. His riends ought now, without delay, to rally around him, organize and set on foot a movement that will result in @ congregation upon a liberal, evangelical basis, such as the times we live in and the neces- sities of the case de: COLORED TROOPS OFFICERS? ASSOCIATION. Organization of a Perm Veterans. In response to @ cail heretofore issued a meeting of ex-oficers of coloied troops was heid on Tuesday at the Unton League Club, New York, for the pur- pose of organizing a socicty similar to those estab- shed by others who served tm the Union army during the late war, Colonel T. W. Higginson was called to the chair and Major G. B, Halsted appointea secretary. ‘The CuatrMan briefly stated the origin of and the objects contemplated by this meeting, and ex- pressed pleasure in seeing present representatives of 80 many colored military organizations, which, as is now acknowledged by all, 1u the late war did the State some service. He read letters from several not able to be present, yet agreeing I the object pro- posed, viz.:—Generals Hunter, Butler, Andrews and others. ba A resolution was adopted “That itis expedient to form an organization which shall perpetuate thefties and continue the work of those colored troops which served during the war.’ “On motion of General Kippoo a committee of seven, of which the Chairman and Secretary shall be members, Was appointed to prepare a constitution and bylaws to ne submitted to a future meeting. This committee consists of Colonel pigginson, ofutia rs Au ent Society of rails Kiddoo and Hallowell, - Maj colored), Corwin and Halsted, and Captain eneral Selvage was appointed temporary Trea: A resolution of thanks to the Union League Club for kindness in granting the free use of their room Was passed, and the meeting adjourned, to meet in New York, September 22, 1870, the anniversary of Lincoln’s proclamation of freedom. Generals R. M. Hall, J. W. Selvage and Major J. Langdon Wat were appointed| @ committee of arrangements f that meeting. THE CRYSTAL PALACE. To THE KpITOR OF THE HERALD J read the article “The Crystal Palace” in this morning’s paper and 4m most favorably disposed to the proposed building. I lave examined the map of the island to discover the most convenient and central place to bocate the same, aud would suggest as the most desirabie location, in my humble apinton, that portion of our Park designated upon the map as “East” and ‘West Meadow,’’ extending from Ninety- seventh to 102d street, and about one-half the width of the Park,-occupying the central portion bounded by the east and west drives, giving sufMicient area for the erection of an edifice equal in size to the famous Sydenham Palace, and surrounding it with a most charming landscape, which could not be pre- sented in any other location upon this island. I¢ would be a truly useful and beautiful addition to our Park, although ) am opposed to cluttering the Park with bulidings, a8 1 jook upon this ground as a place. for outdoor recreation. I feel that this Crys Pavace should not mar the beauty of the landsca) nor. in this location obstruct any of the roads or works of the Park or any of the avenues or streets of the city, which so large a building certainly would do outside of the Fark, Iam, respectfully, WN. H, Post. JOURNALISTIC NOTES. The Paterson (N. J.) Guardian perpetrates the an- nexed, which must be well appreciated in the quar- ters to which the sentiments are directed:— ‘The irrepressfble Coaricy Jay has taken a renewed term of life by joining thé temperance society, but he has spoiled it all by cotemplating suicide by starva- ton—that is, by publishing a daily newspaper in Trenton. Judge Naar, of the Zrue American, sniffs the East wind and lives on treats, the editors of the Gazette get, meat only, on holidays, and the . Kine 1 porn yeu are ou thelr saat legs, FINANCIAL AND COMMERCIAL. ‘Walt Srrggt. } Weowespar, May 11—6 P. M. Wall street, @espite the severe storm, was again exceedingly antmated under @ further increase of the remarkabié ‘speculation which has followed the heavy accumulation of money atthis centre. At the board this morning the inspectors of the recent eiéo- tion announced the reauit of the vote for THB GOVERNING ConMITTER. ‘The succeastul candidates were as follows: To Serve Four Years—J, L. Brow iH, eo a ae itsou, mT, Russell, Hy To Serve Three Yeare-¥, Brandon, P.M. M aud Jonn R. Garland, < — aaae To Serve Two Fears—G, W. Fuller, to Serve One Year—F, White and W. K. Souter, GOLD STRONG AND ACTIVE, } The clique movement in gold noticed yesterd: was more Marked to-day, ani the leading specuia tors of the street are again enlisted for a “bull” cam: paiga in the Gold Room. Their operations are based remotely on the declining scale of cotton exports, which may be looked for in the interval to the arrival of the new crop next September. Meantime the foreign bankers have advanced the rate of ex+ change to within a small fraction of the specie-ship- plog point, while the stocks of produce and cotton Mable to export on a rise in gold are not so extensive as to materially interfere with their plans. Moreover, the situation in France is purposely exaggerated into one of alatm for the future peace of the empire, and has produced a strong feeling in favor of huld- ing gold against the contingencies of a popular out break, Furthermore, the London money market 1a working so closely as to very Iikeiy induce an ad- vance in the bank rate within the next few weeks, At home the fear of a Funding bill this session is en- tirely diasipated, The course of the market is shown in the tavie:— Holders of gold paid from three to five per eent to have their baiances carried. The operations of the Gold Exchange Bank were as follows:— Gold cleared..... Gold balances. Currency balance: THE GOVERNMENT BALE OF GOLD. The Assistant Treasurer sold one million of gov- ernment gold to-day, The bide were for a total of over $5,300,000, showing the clique movement above re+ ferred to. The million was awarded as follows:— $100,000. +115,00 94,000. 116.00 16,00, FOREIGN EXCHANGE STRONG AND ADVANCED. The leading bankers again advanced their rates for foreign exchange, the market being almost devoid of commercial bills, while there isa total absence-of vond bills. The following were the quotations at the close:—Sterling, sixty days, commercial, 108% a 10914; good to prime bankers’, 109% a 10044; short alght, 110 a 110345 Paris, sixty days, 5.21% a 5.16! short sight, 5.15 9 5.13%; Antwerp, 5.213 a 5.163; Switzerland, 5.21% a 5.164; Hamburg, 85 a 86; Anisterdam, 403 « 41; Frankfort, 405 a 40%; Bre- men, 782g 2 7874; Prussian thalers, 7034 @ 71%." GOVERNMENTS AGAIN BUOYANT AND EXCITED. ‘The demand for national securities was again very active, and eonstituted the feature of the day next to the excited dealings in railway shares. The buyers were encouraged by the firm tone and ad- vance in gold, and the more cautious classes of speculators, who are loth to take the risks of violent Muctuations in the railway list, were large pur- chasers. The varlous banking and moneyed institu- tions have also bought very heavily, in anticlpation of am unusually easy money market during the balance of the spring and summer, the government list affording @ more secure investment at six per cent than is attainable otherwise. The ’67s, leading the market, touched 114%. Prices reacted with the decline at the Stock Exchange aud closed as follows:—United States ourrency sixes, 112% a 112%; do. sixes, 1881, registered, 116% a 117; do, do., coupon, 116% a 11734; do. five-twenties, regis- tered, May and November, 11144 a 112; do. do., 1862, coupon, do., 112% a 11244; do. do., 1864, do do., 111% @ 111%; do. do., 1865, do. do, 111% a 112; do, do., 1865, do, January and July, 1144 a 11414; do. do., 1867," do, do., 1143¢ a 114%; do. do., 1868, do, do., 114)g a 1145%; do, ten-forties, regis- tered, 107 a 107 34; do, do., coupon, 10834 a 108}. MONEY EASY. The rate on call again reflected the abundance of money now prevaliing in the city. Borrowers on stock collaterals were freely supplied at five per ceat and the government dealers at four. Prime houses with choice collaterals were able to borrow as low, a8 four per cent. Before the, close of bank- ing hours money was offered in excess of the de- mand at five per cent, and large balances went over unemployed. In the commercial market prime double name acceptances were selling at six to six and half per cent discount, THE STOCK MARKET. Stocks, previous to the adjournment of the last board, were buoyant, excited and strong, prices again sharply advancing In all the railways which have been so cénspicuous in the bull campaign of the past three weeks, The high prices thus attained induced considerable realization, and the market toward the close broke down itn sympathy witha decline of one per cent in Ohio and Mississippi, about 20,000 shares of which were sold by a broker, who, having previously disposed of “calis” at 33 to 40, was reputed to have been forced to break the market in order to buy in the requisite stock wherewith to make good his deliveries, should the buyers of the “calls” de- mand the fulfilment of his contracts. The effect upon the rest of the list was rather demoralizing for some time, Lake Shore going off to 9914, Rock Island to 124% and Central scrip to 973g. Before the final close of street business prices recovered, but not to the highest point of the day. The width of the fluc- tuations will be seen in the table of comparative prices given below. It should be stated that in the General early buoyancy of the day Lake Shore was steady, the present holders resisting its natural ten- dency toa decline. Its lack of susceptibility to the more active movement in the other railways caused it-to be more neglected to-day, while smaller holders sold out and bought the more buoyant stocks, AS an investment there is no doubt, of course, that Lake Shore, as an eight per cent dtvi- dend paying road, has most attractive features, but the speculator who is holding it on a margin of ten or fifteen per cent will have to chase it all the way down through the exigencies of a tight money mar- ket next fall and will be surely cleaned out of every cent if he have not capttal enough to keep his mar- gin good at his broker's. The stock is now afloat on . the street and in the hands of some smaller cliques, The controHing clique of officials are out of it. ‘They sold their stook on the buoyancy begotten of the results of the Cleveland election, Any man who ts at all conversant with Wall street atfairs must know that with the controlling powers of a road out of the stock there will be “mismanagement,” “decreased carnings,” “no dividends” and a dozen other influences, substantial or imaginary, set to work to effect a deeline in the stock. The following were the closing prices of stocks at the last session of the Board:—Canton, 72 a 7234; Cumberland, 44a 45; Consolidated Coal, 27a 28; Western Union, $234 @ 3254; Quicksilver, 934 &1034; do. preferred, 143g a 16; Mariposa, 9 a 914; do. preferred, 183, a 1833; do. certifieates, 46% a 60; Pacific Mail, 42% a 42%; Boston Water Power, 1834 bid; Adams Express, 673, @ 68; Wells-Fargo Express, 16% @ 16; do. scrip, 8 bid; American Express, 48%; United States Express, 48% bhi; New York Central consolidated, 100% a@ 100%; do. acrip, 973 @ 9756; Harlem, 1463; & 146%; do. pree ferred, 146 bid; Erie, 233g a 24; do. preferred, 47 a 60; Reading, 103%% a 103%; Michigan Central, 1243 bid; Lake Shore, 10044 @ 1003¢; IMlinols Central, 1420 143; Cleveland and Pittsburg, 107% a Chicago and Northwestern, 83% a 83; do. preferred, 9234 @ 9234; Cleveland, Columbus and Cincinnati, 70% @ 80; Rock Island, 12554 41263;; Milwaukee and St. Paul, 67%; do, preferred, 8245 a 82%; Toledo and Wabash, 59% 859%; do. preferred, 74 bid; Port Wayne, 943¢ EW YORK HERALD, THURSDAY, MAY 12, 1870.—TRIPLE SHEET, 2 94%; Alton and Terre Haute, 35 a 38; do. preferre + 64; Ohto and a 18? Pl, 40% A404; Delaware and Lackawanna, 110}¢ bid; New Jersey Central, 109'4 @ 1093; Ohicago and-Aiton, 1144 @ 1144; do. pr ferred, 116 ® 116345 Morris.and Essex, 928 924 Hannibal and St. Joseph, 111% @ 112; do. prefei 11036 @ 111; Iron Mountain, 45% bid; Dubuque an Sioux City, 10754 @ 103; Boston, Hartford and Erie, 6% @ 6; Columbus, Chicago and Indiana Central, 18% ‘THE RXTREME FLUCTUATIONS, The highest and towest prices of the day are shown im the following table of the extreme fuctua- tions tu the leading speculative shares: — 3 do, do,,' 1367, 61 a 62; Higi York Cen. & Hud. consolidated. York Central & Mudson aciip, N STATE BONDS MORE ACTIVE. The Southern list was more active, the market being at length aroused from duiness by the sur; Younding animation of the street. The principal Geallngs were in the new Tennessees and North Carolina special tax. bonds, which were strong at higher prices, The Virginias were firm and the @eneral list steady. .Phe final street prices were ag follows: —Tennessee, ex, coupon, 59} a 59%; do, new, 554 & 6534; do, five percent, 45 a 47; Virginia, €X Coupon, 603 8.70; do, new, 6834 a 69; do. regi+ tered stock, 5634 a 563¢; do, do,, 1866, 66 a 67; Georgia sixes, 88 & 90; do sevens, 9534 a.96; do, sevens, interest payable 1m Georgia, 90 a 92; North Carolina, ex coupon, 4744 4 ; do. new, 25 ®& 2534;'Missouri sixes, 93 a 9814; do, Hannibal and 8t. Joseph, 93 a 933;; Lonisiana sixes, 7534 @ 76; do. sevens, 78 a 80; do. eights, 84 a 86; do. levee sixes, 78 a 78%; do, do. eights, 91a 92; Alabama elghts, 101 @ 10234; do. fives, 73.4 74; do, sixes, sterling, 902 95; South Garolina sixes, 01 a 92; do. new, 812 & 82; do., registered stock, 80 a 85; City of Memphis sixes, 50a 52; City of Atlanta eights, 82 a 84; Cityof Savannah sevens, 89 a 90; City of New Orleans consols, 76 @ 77; do. do., rall- Toad issue, 73 & 75; Mobile and Ohio sterling, 74 8 76; do, eights, 67 a 68; Mississippi Central Railroad first mortgage, 75 & 76; do. second do., 61 a 62; Mem- phis and Charleston first mortgage, 85 a 86; do. sec+ ond do,, 78 @80; do stock, 43 a 44; Greenville and Columbia Rauvoad, guaranteed, 71472, Macon and Brunswick, guaranteed by Georgia, 81a 33; Western Kansas sevens, 75 @ 753g. THE RAILWAY MORTGAGES. ‘The following were the bida to-day for the rail- way mortgage bonds:— New York Cen 6's, 1883...90 1887, New York Cen és, ww York Shecegseze SSeReteSzEssages Ease = ae Ese 8846 = ZO ESSS! Eee Sager, ee Be Be 7 232) eer g 4 bh Eocetee RREEEES ESgea, *F Eee xe: BE; CEEERE ty peered tata EcrEes 5 1s H F: Seees ie Pe neste cy 2: ze: ESSVSRESRSRELS: 82 Ef bY OE 9% RAILWAY BARNINGS, The following were the earnings of the Chicago, Rock Island aud Pacific Railroad for the first week in May:— 1869. 1870. Decrease... ++$105,151 100,400 $4,751 ‘The following were the earnings of the Milwaukee and St. Paul Railroad for the first week in May:— 1870. 1869. Increase...... ++$140,800 +» 110,790 teeseeecenee $80,010 COMPARISON OF THE EXPORTS. The following shows the exports (exclusive of specie) from New York to foreign ports for the week ending May 10, and since the beginning of the year:— 1908. 1869. For the week.....$3,434,538 $4,622,424 5 Prey. reported....61,677,026 65,570,842 57,768,006 Since Jan. 1..... $65,112,464 $60,193,266 $61,183,081 Gold receipts. Gold payments. Gold balance. Customs...... Stoo 3 dO saves: 10000 NY © 6's, 5000 sheep c. "88. aud 2000 do 1000 Erte 3d’ m. 2000 Mich Cen és, n 4 11000 w do.. Lack & W t West 2d RI&aPR r) ie & in = S.. 582585288! Currency recetpts.. Currency payments. Currency ‘balance General balance. 5-20, 6, '62..... 10000 U8 5-90," 0, "68, 0 US 8's, 10-40, 6. 80000 dO sess. . 1000 U Pac RR isting. Alt & TH 2d m pf. Chic, Bi i Del, backs Wa ti 4 in bi it THE SUB-TREASURY REPORT. The following shows the results of to-day’s busi- ness at the Sub-Treasury in this clty:— General balance yesterday. + $81,379,042 472,110 82,225,788 452,000 SALES AT THE NEW YORK STOCK EXCHANGE. Wednesday, May 11—10:15 A. M. 123g 1000shs N YC AH RRR 100% M4 400 do. b © 100% 10032 Senses: BEET Es SaBeIssas er Sree aes td = re eee SEB, 100StLa TM RR... 4 4 3 Del, Lac nt 4 40 do. Mis 600 Mor & 8 48%, 600 Bost, H. (14 qu petit 110 8 18% + 8 4500 US 1900 3 1 ni toe ii 00 it 6000 OS 111% 5000 UB 6.20, a4 2000 do. ne 100 US 6-80, r, "66, n.. 11876 BQODDUF, Gs, carrey... 112%, 815000 W Car 6's, n. 28 834 Pek se de i294 owe 3 6000 0. 6000 do 8 114: 4500 UB 5's, 10-40, ¢. 6000 US 5'4, 10-40, r. lortg One oClock P.M. 9 244 #: E2gectc NE COMMERCIAL REPORT. Wepnespar, May 11-6 P. M. Cor¥er,—Rio was quietand we beard of no anies of moe” ment, Prices were ‘unchanged, Other descriptions were quiet, but held for full figures, ‘ Corton,—For this stapie there was an active demand for export and ® falr inquiry for sptoning aud speculation, and an advance of ic. was established, the market. lowhi erie at the imp! 4 spires a be 5 ware, "tn b: is 648 by pin re! in eames les fol re ry were ber prices: ing rhe artic cutter enn 300 do. for do. at 222¢c., 400 do. for'do. at 2 option’ ‘280. buyer 100 do. for July at 22340.) 200 do, for do, at 2/,c., 200 Mdo. at de. una 400 dos tbr Seplembar Lis Oelobet bat the. We wrpend site atoning ‘quotatl a f BY 4) Bosna tau om ipts ‘" OM =Kecel oorn meal, 16,250 bushels wheat, 19,688 do. corn, 6, ‘do. barley, Flour continues in actlve de des” again vanced llc, pel ee for export at the’ ad gales (part, Inst evening) . compriaed 16,00 bbl, of which about 10,000 = 12,000 bbis, ra for siipment at 85 20 — 5,40, dpclucing favorite to at about #5 50, Southern flour the ce- was only tBoderate, but prices were sendy und ae “4 rg Hlour was scarce ani ory fair. sated 150 bbia. man The sales tT advance of le. per bushel was paid however, arket for apring was inly inate ite, lowe sales (mal a bushels, at ee for No, 2 Chicago, choice do., 81 for No, 2 Milwaukee, do., $1 85 for amber winter in store, B14) = white and 1 06 a 8110 for ‘Inferior was firmer; _ tt ‘bushels, at $1 16 for old intzed in store, sound new, #110 a 81.17 for common to choice S117 a 81 is'tor yellow. Onts were sales were about 120,000 bushels at 6c. nee for West delivered ; 7c. for small for black do. Rye was dull State and Wesiern. Barley and bariey malt continued to rule dull and nomin: Fuetours. The market was gulet, but full rates were de- it barteri bi panded in almost all cases, hibited more activity, but rates for dg mained peer. The engagements were:—To Liver ir steamer 1,000 bales cotton at 44d. ; 7, bushels wheat (last evening) dt 4'sdy and 280 tlerces beef at 2a, 60. ‘to London per. steamer 310) bbls, flour at 1s. 73d. To Antwerp 3,000 a Hour at a, 8. and19,000 bushels wheat ut 1-64, Bre men, per arrive, 600 bales colton on private The charvers were :—A bark (o a direot port on the Continent, jb ‘Elsinore, for or” with 4, at da; a ders, with 2,260 bbls. petroleum at 4s. 4igd.; a bark tosbe liters with 1; ‘bbis, and Cronstadt, with ‘cases petroleum, ‘and back; an Italian bark, tous, for port Fe reser 10 # direct port on the Continent, +24 85.0 BS 00° Oa 50 ed 3B 52a 650 5a 6 5a 57 ges? oa 6008 6 by St Lou 70a 750 St. Louie ehoice family. Tie oi Southern choice and f 60a 971 Southern superfine.. Bune 8 a Rye floup.. 4 Corn méai, city. 14% a Corn meal.Jersey.. 45a 50 meal, Brandt diasaee 1 57a 6 es —Wheat was less activ firmer at the on aly he Were. about un ‘81 04 for bigh mi: 4 508 ton! Seabees carps! @ brig, 184 tons, to Jamaica and back, with Sew and a bark from to a direct port in the tic, with 2,000 bbls. yey GuNwtes.—Cloth was in ‘and 50 bales were sold in Boston at 18%4¢ Bags were quiet, but firm ut yester- day's prices. ara <The business was very light, ‘the demand’ from all sources being checked by the inclement weather. Prices: were ateady and firm, especially for the better grades. A few small sales new were made, within the range of Iic.'a HEMP was dull, and prices were nominal at yesterday's quotations. No sales. ‘ MoLAasgne—The market was quiet, there belug but little demand, and we heard of no sales of moment. Prices were steady tor all except the low grades, which were heavy at our quotations. We quote:— Old Crop. (re—pentrtaael and mixed wea Clay see 2c, al3a, Muscovado, refining. —, Muscovado, grocery. Porto Rico 700. a 950. fa NAVAL SToRESs.—The market for spirits turpentine was active, but nolders were rather firmer in views. Prices, bo er, were no Ll nail closing at 4lige. a 42syc. for merchantable and shipping iote in yard. There were sold 220 bbis. (in lots) at 420. a 42! jce for New York bbls, Rosin was . The sales were 30 bbls, No. , ‘on private terma, and small lots No.1 asd No, within the ran Our quotations, Ws ote :—Strained, 82 05 a No. 2, $2.20 le, #425 a 5; do. a $5250 change O1Ls.—Linseed, in casks, was sellit which price the market was firm. Of moderately nt SBe., at er kinds were slow of sole, the demand being smal, bul prices were uncuanged. BTROLEUM.—The market for crude, in bulk, was dull, and ng anles of consequence werereported. ‘Holdersaskad 1640 a oc.; but buyers were over for snail lots. On the lower creek a eale of 10,000 Dbl made adeciine, There were no sales of cru ble, which wae quoted at 20440, a tc. | Napntha was dull and nominal at l0c., at which price the last sale was. made. The market’ for retined oli was Y there being but litte demand, and with increased prices were heavy and lower, closing at u7%c, a 2774¢. sales were 8,600 bbls. at 2°c., 2,000 do, at 977 c., 1,000" do, for’ May, June and ‘July at 980. private terme, anu 1,504 do, jobbing lots were ‘selling moderately at We. a 3)%0. In Philadelphia there was a heavy business consummated, but ‘at decidediy lower prices, the closing sales being at figures le. below those obtained yesterday. At the open- {ng full prices were generaliy demanided, but on'Change antes were made at s reduction of kc. a jgc., and after ‘Change a furtuer concession of 440, was graded, the market closing t 2c, for May and B7¥e. for the last half June, sel in Jer's Option, Tue demand was almost entirely speculative. The les amounted to 82,000 bbis.) including 1,000 bbls. for May at 28c., 1,000 do. for do, at 27%40., 1,00) do, for sige, 2,030 do. for the inst do, wt 273g¢., 2,000 2, for June at Bnsge. 200 do, for the ads half do; st 27344 lou 5 lo. for Jane and July together, at re. Tii00) dor for duly at S8is0r 800 dos for vor at ao, and 6,000 di de ing at about the latter feceipt, 20 bbls. pork and ov he market for pogk was quiet, bush restricted by the smallness of offerings and the irmn | of the holders; #29 373g was bid for spot and $2 (6 a Wg was bid for ftiture delivery. The sales were about. | 50 bia, at 2Y 8734 for new mess and $26 for prime mecs, City mess was quoted at $29 50 and cloar at ®82 but prices were qui hogs dull at for common to prime, chiefly for siaughterers. Beef was active, demand being ont entire: r export, and holders wet ther trmer in . views. 12 4 B16, and 0, at B16 a B18 ported on private terms. 08 woucht after, and some demanded bigher prices. About 1,000 “tierees wero sold on terme kept pri Brime mese wag, quoted at $26 . ie. , fodia stock of the later is light. ams were quiet, but firm, at $28 a 435 for common to choice Southern and Western, ‘Bacon was quiet, the amall- ness of the stock and the firmness of holders restricting busi- ness. Cumberland cut was held at 4igc., long clear at 15'<c.. and short rib at Iéc, though the business steam was quoted at The Dressed. ' steady a head, jim mess was quoted at 50, Sales of about 750 bb! beef was more a for lard was rather Ormer, é: moderate. Prine Western. ‘ , Wize. at tho, close. 8 were 850 pack: & 1690. tor rime steam) ands i for kettte rendered, was only moderate, but full prices. We quote: Dey salted aud’ plekied shout: ickied hams, 18i40. = 1730. ib id clty bes db 18. Siok 440, aad cl ana i aged fame, to" arrive, at 180.5 The sales . & Tg0, (OF arket No. 1 to p ‘The demand for eut me were demand ders, 12c. « 18c. a were about §0 tieroes within the Tange of common to sholee. Scoan.—The market for raw was moderately active, the demand being chietty for refining grades, and prices were tendy at our quotations below. The bulk of the naics 8 of Yo, a 9¢¢. for fair to The sales were $00 bhds., part at Oe. & 9 Porto Rica. ed “was moderately moaey, prices. jard, 12 a 1934 tra C, 130, and y Fr Lo common Febnin| fc, for Unda al Jealt in at Ke refining Cube aCe . elow, 1v%c. #igo. m bso. + fair retining,. eX od refining, Oyo. a B% Ar to good grovery, prime to chetce grocery, 974c. @ c.) centr t= nd boxes, 8 & 1080. ; molasses, bhds. and Bo. a 846.5 . Havana—Hoxes Dutch rd, Now. 709, 8% ; do, 10 to 19, 9c. w 9746. 5 $0. 1810 1b, 10540. & 16 to 18, 10/0. 18 to 30, lao. a 2 erhite, 110. ico—Ralining grades, 3c, a’ 940.5 grocery 10jge. " is —All_kinds were dul! and nominal at yesterday's quotations, We heard of no sales. TALLO demand was moderate, but prices were ‘ steady. Sales about 40,000 ibs, at 9)gc. @ 98do., the iatier price j for ebol “ i es ‘BY.—Receipts, 46 bbie, The market continued: | r ighor. There were noid | 1108 R41 ly he tater prige Cor Irow- bound. i at $109 a #1 Jo, th COTTON MARKETS. GALVESTON, Texas, May 11, 1870. Cettou firm; Ive, a Loc. j bales, 96) bales: reenine eee 1 ARN, Olt zaNe, Nay 1, 10 i tive demand at full ces; mi ng, Bage. > | ones ak SR seta ae sein i Hi A } bales—total, 1,26 i og onan Ala 11, 1870, | a mer; middliy 6.5 al 5, feoeip 108 baleas exports to New ‘Orleans, 8 bales; stock, ‘ae bales. CHARLESTON, 8. C., May Li, 1870. Cotton steady ; middling 28c, ; sales) 600 bales; rocelpts, 1 i y 12, ales. rears Ning, 298 AMgerY sales, O08 EAP i Cotton firm; middling, = Y c.; wal 5 re caipta, 16 bates; exports, coasteise, 1,043 baies; atock,’ ) i, bales. ; OLE, May 11, 1870, ety bales; receipts, S69 | Cotton firm; midding, 21 4c. ; sale 100 Jem; £7 $ mock, 3,084 bai bales; exports, coastwite, 270 alge; epee May iin 1870, ‘The stock of cotton ui bt comin ny a punele phe idling, 28c.; sales, 200 balos; net ¥ rasa eee (eta 103 bales; esports, eoastwise, 10) balens wtock, 2,375 Laies. Cotten very firm; holders are dling, Wipe. & WIKe ; sales, coadtisiags isi buen toval 9 bal