The Sun.
London, England, 1865-12-12 00:00:00

THE SUN, LONDON, TUESDAY EVENING, DECEMBER 12, 180.

mortgaged, and a very large proportion of the com-
pensation money instead of going to them went to
the mortgagees, who were resident in England, and
the proprietors were left in a state of pauperism.
The speaker cited a case where five estates had been
preserved in cultivation by the energy and expendi-
ture of the landlords, but where 15 had been allowed
to go out of cultivation in consequence of the pauper-
ised condition of the proprietors, and as had been
forcibly said—" the bush had been made to grow up
between the negro and civilisation." Having re-
commended an Incumbered Estates Court system
for the island of Jamaica, the rev. doctor concluded
by expressing a hope that in this case, as in most
events of an apparently disastrous nature, " good
would come out of evil." (Cheers.)
Mr. J. CROPPER felt very deeply and deplored
very sincerely the state of things in Jamaica, not
on account of the island itself, but on account of the
freedmen inAmerica. America was watching us very
closely, to see what we would do. We boasted of the
great things we 'did in emancipating the slaves, and
it was our duty to carry out and accomplish the
great work of our fathers. In conclusion, he cor-
dially seconded the resolution so ably and satisfac-
torily proposed by the Rev. Canon M‘Neile.
Mr. E. LAWRENCE (ex-Mayor) supported the re-
solution.

Mr. F. SHAND proposed the following amendment
" That this meeting, while deeply deploring the late
rebellion in Jamaica with its consequences, and de-
siring the fullest inquiry into the circumstances,
consider that the mode of conducting such inquiry
is best left in the hands of her Majesty's Govern-
ment." Mr. Shand said he thought his resolution,
being briefer and to the same purpose as the original
resolution, it would be more appropriate to the oc-
casion. The proceedings of the meeting had taken a
different course from what he had anticipated, and
he was glad to find that there would not be, as he
feared, any attempt to prejudge the case. Amidst
considerable confusion Mr. Shand handed his amend-
ment to the Mayor.
Mr. B. HALL seconded the resolution, and said
he had no wish to prejudge the case on either side;
but having been personally connected with Jamaica
for 30 years, and having travelled there last year, he
would tell them something of the real condition of
that island, and of the black population. Here the
speaker was so violently interrupted that, after vain
attempts to make himself heard, he retired, and Mr.
Shand then withdrew the amendment, amidst loud
cheers and hisses.

The MAYOR then put the original resolution,
which was carried nem con.

The Rev. W. M. TAYLOR moved—" That the
Mayor be respectfully requested to forward a copy
of the resolution now adopted to the Right Hon.
Earl Russell." The rev. gentleman thought that the
only matters to which they should direct attention
were the appointment of a commission, and the
powers with which that commission would be armed.
He urged that the gentlemen forming the commis-
sion should be well qualified by intelligence and po-
sition to act—that they should be gentlemen of per-
fect independence, who had no preconceivedopinions
on the subject, and as far as possible removed from
being partisans. They wanted a searching, patient,
and impartial investigation, and the commission
should be empowered to investigate all matters,
long antecedent to the outbreak, which might bear
upon the question.
Mr. Councillor CIIILTON seconded the motion,
remarking that a searching inquiry was alike due to
Governor Eyre and the Government of this country.
The motion was carried.

bate, that the case that was submitted to the At-
torney and Solicitor-General, and upon which their
opinion with reference to the illegality of the pro-
posed change in the constitution of the Commission
of Sewers was founded, was got up either by him-
self or by some other member of the commission,
and was not fairly and truthfully stated. He said he
thanked God that he could state that he had never
seen the case until the opinion was given, and that it
was prepared by their solicitor upon his own respon-
sibility, and under the instructions that were given
him. He then proceeded to reply seriatim to the
different charges that had been brought against the
commission, and contended that nothing had been
shown that would justify any candid or reasonable
person in coming to any other conclusion than that
the Commissioners of Sewers, whether with refer-
ence to cleansing the streets, to public improve-
ments, or any other of the important 'subjects en-
trusted to them, had performed the duty zealously
and to the best of their ability, and that there were
no just grounds of complaint against them. (Hear.)
He had had the honour of being elected chairman
of the commission, but if the object that was
sought to be attained was that he should be re-
moved from that office—and he really could hardly
imagine what was the precise object some of the
parties who had taken an active part in the present
movement had in view—all he could say was that
he was quite ready to resign that office at any time
when he should be called upon to do so, and the
only result would be that he would be able to de-
vote a great deal of time to his own private pur-
poses which was now occupied in the public inte-
rest. Mr. De Jersey. then referred to the various
acts of Parliament under which the Commission of
Sewers exercised its powers, and expressed his opi-
nion that the court would be acting in contraven-
tion of these acts of Parliament, and particularly of
the one passed in 1848, if they agreed to a motion
like the present, and that it would have a most mis-
chievous and injurious effect in their relations with
Parliament and the Government.

Mr. RUDKIN then briefly replied, urging that the
court had full powers to take the course that was
suggested, and he expressed his opinion that instead
of such a proceeding being likely to be attended
with evil consequences to the corporation, it would
be the commencement of a new and vigorous life.
The question was then put, and the Lord Mayor
declared the amendment to be carried. A division
was demanded, when there appeared—

For the amendment
Against it 7O-12

The announcement was received with loud cheers.

Mr. MEDWIN was then about to propose another
amendment, it being half-past 4 o'clock, and there
were loud cries of " adjourn."

Mr. MAYNARD moved that the court do now ad-
journ.

The motion was put to the show of hands and
declared to be carried. A division was, however,
called for, and there appeared—

For the adjournment Bl
Against it 66-15

The court consequently at once adjourned amid a
scene of great confusion.

Public Debt of the United states.

- .11.--

The following progressive statement of the public debt
is at once valuable and instructive :
Outstanding March 4, 1861 568,527,686 09
~ June 30, 1861
77 June 30, 1862
77 June 30, 1863
„ June 30, 1864 4740,690,492 55
„ July 31, 1865
„ Aug. 31, 1865
„ Sept. 30, 1865
Oct. 31, 1865

. .
It will be seen by the above table that the debt reached
its highest point in the latter end of July last ; since then
it has steadily moved downward, and must continue to
move downward until the burden is entirely removed,
which cannot be at that period in the far distant future
which the enemies of the Union have been so long pre-
dieting.
Another matter that has seen the light in advance of the
publication of the Treasury report is the statement of the
receipts and expenditure of the Government, for the fiscal
year ending June 30, 1865, and for the first quarter ending
Sept. 30, 1865, of the current fiscal year. These statements
are not generally published until they appear in the re-
port, but the following figures were obtained directly from
the Treasury Department, and will be found correct. For
the fiscal year ending June 30, 1865, the financial state-
ment of the United States is as follows:

RECEIPTS.

Balance from Juno 30, 1861 ... $96,739,905 93
Receipts from loans $1,475,590,740 85
Internal revenue ... 209,464,215 25
Customs ... ... 84,928,260 60
Miscellaneous ... 39,760,371 3
Direct tax ... 1,200,573 3
Land sales ... 996,553 31
War Department 6,160,554 27
Navy Department ... .7,787,268 69
Interior Department 179,719 81

1,826,077,256 84
Deduct repayments, &c. 24,282,599 63 1,801,794,657 21

Total receipts in Treasury ... $1,898;634,563 14
EXPENDITURE.

For Public debt ... $695,168,336 31
Civil List .. ... 40,346,543 63
War Department ... 1,037,483,885 36
Navy Department 130,400,213 98
Interior Department 21,653,368 32

1,925,052,347 60
Deduct 'withdrawals, &c. 27,378,123 21

Total expenditure ... 81,897,674,224 39

Balance in Treasury 860,338 74
For the first quarter ending September 30, 1865 of the
current fiscal year, the statement is as follows :

RECEIPTS.

Balance from Juno 30,

..... _ .
1865 ... ..• ••• $860,338 74
From Customs ... 4.'7,000,583 0
Land sales ... ... 132,890 0
Internal revenue ... 96,618,885 0
Miscellaneous 295,179,906 26
$439,892,603 0
Total receipts ...

EXPENDITURE.
Civil list ... ••• $1852154,105 0
Interior Department
and pensions ... 7,794,171 0
War Department ... 165,369,237 0
Navy Department ... 16,521,402 0
Total expenditure $374,836,915 0

Balance ... $65,056,688 0
With this balance in the Treasury, which, if the taxes be
kept up, will be increased at the end of every quarter, the
secretary proposes to begin at once the contraction of the
currency and the payment of the debt, and every well-
wisher of his country should bid him God speed. Of the
estimates of appropriations by Congress for carrying on
the Government during 1866 nothing authentic has yet
been made public, but they are believed to amount in the
aggregate to less than $350,000,000, so that a large accu-
mulation cf the revenue for the payment of the debt is
assured.

EMIGRATION TO CANADA.—The immigration re-
turns to Canada, showing the number who arrived at the
port of Quebec, from the opening of navigation to the Ist
of November, have been published. With regard to
steerage passengers, the returns aro as follows :—From
England, 7,343 ; Ireland, 4,227.; Scotland, 2,066 ; Germany,
1,408 ; Norway and Sweden, 3,378 ; total, 18,722, being
1,001 more than in the corresponding period of last year.
The destination of passengers is stated as follows :
Eastern townships, 129 ; Montreal, 1,105 ; central dis-
tricts, 325; Toronto, 727 ; west of Toronto, 785. The
total for Canada is set down at 3,450 ; for the United
States, 12,046.
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SPIRIT OF THE PUBLIC JOURNALS.

TDIES.—We are gradually approaching a ques-
tion of vital importance to the efficiency of the
Navy. Our iron-clad fleet has recently been
strengthened by successive additions, exhibiting an
enormous increase of defensive power, until at
length we possess a vessel which may be expected
to resist even a shot of 6001 b. The Hercules, one
of Mr. Reed's ships, is completely proof against a
300-pounder, and will be so plated along her water-
line as to repel a ball of twice that weight. All
this time, however, we have made little or no ad-
vance in the way of offensive armament. Even the
300-pounder gun is not actually received into the
service, so that our progress is on the side of the
ships alone. For this there are good reasons. We
can make ships carry armour more easily than we
can make them carry cannon. The sides of a man-
of-war are now as thick as the walls of a feudal
castle, and yet the vessels are as fleet and buoyant
as ever ; but when it comes to mounting heavy
guns upon these batteries we soon find ourselves
checked. It was thought a few years ago that the
68-pounder was about the heaviest piece that could
be successfully carried and worked in a ship's broad-
side. This gun weighed 95cwt., or about 10,0001 b.,
and the Americans are still of opinion that a gun of
12,0001 b. represents the maximum of size admissible
under such circumstances. Of course, they have far
heavier guns in use, but they carry them in turrets,
and so, it is said, must we. This proposal, however,
opens another question. It is proved that very
heavy cannon can be worked in turrets, but it is not
proved that turret ships can be made seaworthy or
commodious vessels. Moreover, we have got some
magnificent ironclads constructed on the broadside
principle, and if these cannot, by some means or
other, be made to carry batteries of effective strength,
they must either be reconstructed or be lost to the
service altogether. So it becomes of infinite import-
ance to ascertain by practical experiment whether
guns above a certain weight can or cannot be carried
in our first-rate ironclads, and what are the limits
imposed upon us in this arrangement. Great pro-
fessional authorities have asserted that. any gun
which can be carried in a turret can be carried in a
broadside, but the contrary opinion has also been
strongly defended, and is very widely entertained.
Nothing, it is obvious, can solve this question but
experiment, and the experiment, we are glad to say,
will commence this morning. The Minotaur is, or,
at any rate, is intended to be, one of our finest iron-
dads. She was designed as an improvement on the
Warrior herself, and it happens that she may be
seen, beautifully modelled, in the South Kensington
Museum. But it is still a question whether this
noble ship can carry such guns as would be required
to render her battery effective, and accordingly she
will put to sea to-day to make trial of her capa-
cities. A report which we publish in another
column will explain the conditions of her trip.
She takes out three guns of the new pattern, each
weighing 12 tons, and throwing a 3001 b shot, and
each of these pieces is mounted on an experimental
carriage. The trial, therefore, will be competitive
in one sense—that is to say, each carriage will be
carefully tested, and the advantages or disadvan-
tages of the several patterns will be compared and
balanced. But it cannot be dissembled that the
experiment will have another and a more compre-
hensive aspect. It is possible that the Report may
be unfavourable to all the patterns together, and
that the capacity of a man of war to carry 300-
pounders in broadside may be left doubtful still. In
that event we shall find ourselves in a strange di-
-1 emma, for it will appear as if really good ships and
really good guns are not to be obtained at once,
and as if we must sacrifice either the vessel to the
armament or the armament to the vessel. That
these new 12-ton guns can be carried in turrets is
beyond a doubt, but then it has never been ascer-
tained whether turret ships can be made good sea-
going vessels. We have reason to believe, on the
other hand, that the Minotaur is as good a vessel
as an ironclad can be, but then we do not know
that she can carry 12-ton guns. If she fails to do
so, we shall have to invert the experiment, and send
out a turret ship to see whether she is seaworthy
and habitable. The Americans have furnished
no information on this point, unless, indeed, the
fact itself may be thought to convey some intelli-
gence. They have a large fleet of ironclads, built
almost exclusively on the turret principle, but
not one of these vessels have they ventured to
send to sea. Only just now have they decided
on making the attempt with the latest and most
satisfactory of their specimens. The Monadnock
was the last Monitor launched, and so pleased
was Admiral Porter with her performance that he
declared he could take her across the Atlantic. She
is now selected to accompany three wooden frigates
to the Pacific, and there reinforce the United States'
squadron in those waters, so that we may, perhaps,
learn something from the history of her cruise.
With this exception, however, the Americans have
allowed it to be inferred that their turret ships are
floating batteries, but nothing more. Many—indeed,
most—American ships carry 8-ton, or, as they are
called, 11-inch guns, but they are mounted on
pivots. This was the gun with which the Kear-
Barge sank the Alabama, and which did such good
service in other actions of the war. We could
mount such guns on pivots too, but that principle
would only bring us round to the turret in the end,
for a turret gun is a pivot gun protected. The truth
is, the artillerists have overtaken the naval archi-
tects, for they have been allowed more unbounded
scope for their designs. In guns we have got to a
600-pounder; in ships, we have not got beyond a
broadside vessel. Mr. Reed has produced several
novelties, and with at least the merit of despatch.
He is of opinion, too, we believe, that his ships can
carry these new guns, but that has not been proved.
What ought to have been proved long ago, but is
still left uncertain, is whether a kind of vessel which
we know can carry cannon of any weight can also
lodge a crew comfortably, and be in all respects a
safe and commodious cruiser. It is possible, cer-
tainly, that the Minotaur may relieve us from the
trouble of instituting this inquiry, by demonstrating
the capacities of a broadside vessel to do all that is
necessary ; tut in a matter so important we might
as well have had the two strings to our bow, As it
is, the qualifications required to make a really good
man-of .war are divided between two classes of ves-
sels. The Minotaur represents a fine seagoing
ship ; the Royal Sovereign represents a formidable
floating battery. We are nnw going to try
whether the Minotaur cannot be made to carry
the Royal Sovereign's guns ; but we ought also to
have tried whether a Royal Sovereign could not be
built with the seagoing capacities of the Minotaur.
It must not be forgotten that this ship which is now
to be thus tested represents the first and most
powerful class of our new fleet. The powers of Mr.
, Reed's vessels remain still to be shown, but at
I present the Minotaur herself, the Agincourt, the
Northumberland, the Achilles, the Black Prince,
and the Warrior are our six first-rates. These are
the specimens in which our ironclad fleet surpasses
the fleets of other countries, and it is, therefore, of
no slight importance to discover, if possible, some
method of arming them with the most powerful
guns known. The experiments now to be • com-
menced will illustrate the question for us, though
they will not exactly decide it. It will be discou-
raging if the resultstell against all the gun-carriages
alike, but still the resources of our inventors may
not have been exhausted in these three models. All
we know at present is, that before our best ships
can carry the best guns some new mechanism must
be devised. The approaching experiments will re-
present the first essays in this direction, but, what-
ever the result, we should be very sorry to regard
1 them as the last.

HERALD.—Every royal family in Europe is
placed in mourning by the death of a king. Many
royal families have lost a kinsman in King Leopold
of Belgium. The uncle of our Queen, once the
Prince Consort of England, closely related to the
father of our Princes and Princesses, son-in-law of
Louis Philippe, King of the French, and connected
by the marriage of his son with the house of
Austria, the King of the Belgians, in dying, has
left a gap in the ranks of many princely families.
He was a man of remarkable ability, and not less
remarkable good fortune. It does not fall to the
lot of every man of ability to play the prominent
part in the world for which his talents have quali-
fied him. Still less commonly does it happen that
a man has a second chance in his life of attaining
distinction after having lost the first. Leopold
might have lived and died an obscure member of
the obscure ducal house of Saxe-Coburg. He
grew up in critical times, in times of constant
change, of political convulsion, of sudden reverses
and startling strokes of fortune. When the mili-
tary adventurer, the unknown hanger-on to the fol-
lowing of Alexander of Russia, coming to London
by chance in 1814, found grace in the eyes of the
coveted heiress of England—when, after Waterloo,
being called to Vienna by the' Congress, he heard
that he was the accepted suitor of the Princess
Charlotte, the star of the young Prince seemed to
have reached its zenith, and an opportunity opened
to him which seemed to cast into the shade the
wildest dreams of ambition, the most enthusiastic
flights of fancy, In 1816 he became in a moment
the foremost man in England next to the King. In
1817, when the Princess died in childbed, he fell, as
it were, from his high estate, and subsided into a
poor pensioner on Imperial bounty. But the days
in which he lived were rich in opportunities to
princes. After 14 years of waiting and dignified
retirement two European thrones were successively
thrown into the market. The Allies, who had con-
quered Napoleon, were driven by the force of events
and the power of public opinion to carve out new
states in the south and west of Europe—one from
the chaos of the ill-governed Greek provinces of

Turkey, the other from the Catholic provinces of
the Scheldt and the Meuse, which in a moment of
generosity had been given to the narrow-minded
Princes who ruled in Holland. Among the Allies
England was still paramount. Of the multitude of
claimants to the Greek throne Prince Leopold was
chosen, in the year 1830, as the most worthy. He
would have accepted the offer if his patrons had
been less ungracious, his promised subjects more
tractable. Lord Aberdeen, the Prime Minister of
the day, refused to listen to the proposal of adding
Candia to the kingdom of Greece, or of obtaining a
guarantee from Turkey that she would abstain
from interference with the newly-organised kingdom.
On the other hand, Count Capo d'lstria, the provi-
sional President, responded so coldly to a letter sent
to him by Prince Leopold, and made such bitter
complaints of the interference of the allied powers that
the Sovereign Elect repented of his bargain, and
broke it off before the act was concluded. Another
great opportunity was given him, and of that he
availed himself. After the Belgian Chambers had
made an absurd selection of a number of impossible
persons to fill the throne which had been created by
the intervention of the Allies between the recusant
Belgians and their arrogant Dutch rulers, the Great
Powers took the matter in hand, and it was agreed
that Leopold should be recommended as the choice
of England, on the understanding that he should
marry the daughter of the King of the French. The
Belgians accordingly choose Leopold for their king.
He ascended the throne in 1831. In 1832 he married
the Princess Louise of Orleans, and in the same
year the French and English established his power
by expelling the Dutch from Antwerp. Since that
time he has had difficulties to contend with in con-
sequence of the continual struggle between the
Liberal and the Catholic party in Belgium, but he
has fairly surmounted them all, and maintained
order by the simple rule of changing his Ministers
and his policy from time to time in accordance with
the verdict of the intelligent majority of his people.
Belgium, like England, has been governed consti-
tutionally, and the great example of freedom which
England has set before the world has been exhi-
bited nearer home to the Continent of Europe in
Belgium. No one who had been like Leopold, a
man of rare moderation and of such sagacity
that he knew precisely when to relax and when
to tighten the reins, could have sat for so long
a time so securely on his throne and have main-
tained his popularity with such a turbulent people.
The King over a neutralised state, secure from
war, and guaranteed against foreign aggression,
King Leopold, by his connections, by his ante-
cedents, and by his sympathies, stood in the rare
position of a neutral and impartial potenate, be-
longing to no alliance, and depending upon no
clique. He came from England, a Prince of the
blood, a naturalised British subject. He had allied
himself by marriage vv ith the King of the French.
He was indebted for his throne to the Five Great
Powers who remodelled the map •f Europe in the
Congress of Vienna. A pleasing reminiscence gave
him also some feeling in common with their arch
`enemy, for the unfortunate Napoleon had taken
kindly notice of him at Erfurt. When the nephew
of the exile of St. Helena supplanted his father-in-
law as the chosen of the French people, the King of
the Belgians had nothing to fear from his hostility.
His neutral position has made him for years past the
arbiter of Europe, and caused him to be appealed to
in many delicate and difficult questions. Since the
death of Prince Albert the Queen has looked upon
him as her most trustworthy friend and counseller,
and the whole race of younger Sovereigns, having
respect to his 75 years passed in honour, has looked
upon Leopold of Belgium almost as a father. It is
said that his last act was to write letters to the
Queen of England and the Emperor of the French.
If he has appointed the two most powerful Sove-
reigns of the world his executors—if he has solemnly
committed to their care and honourable keeping
that Belgium, that. helpless little kingdom which
was given to him by Europe, we may hope that Bel-
gium will rest secure under Leopold 11., and that
we may regard as idle talk those rumours of spolia-
tion, of annexation, of partition, with which the
columns of the press of the Continent are now filled
to overflowing.

American Financial and Commerical.

ie.__

The following finance and trade report is taken from
the New York Shipping and Commercial List of November
25 :

" The movement in general trade continues slow, and
business in both foreign merchandise and domekic pro-
duce is light. We notice an active speculative movement
in soma articles, however, which have considerably ad-
vanced, but on the whole the markets aro dull, the mer-
chants evincing a disinclination to operate extensively
until after Congress shall have assembled, and the tariff
and other important questions shall have assumed some
definite shape. _ .

"The gold market remains steady. Nearly all the trans-
actions since our last have boon at 146 k to 147 per cent.
The market closed steady.
"Foreign exchange has been in fair domand, and rates
remain without essential change.
"The money-market remains easy at 7 per cont. for all
loans, and a good part of the business is doing at a lower
rate, and the tendency is downward. Discounts continuo
active, and rates vary all the way from 7 to 12 to 15 per
cent. We quote :

_
Per Cent Per Annum.
Loans on call, stock securities
Do bond and mortgage 7

PriMe endorsed bills, 60 days 7 to 81
Do., three 0 four months — 8
First class single names 8 9
Other good bills

"Government securities have been irregular, and prices
have alternately advanced and declined. Yesterday the
market was depressed, and the prices were generally a trifle
off. We quote :
United States' 5-20 Sixes, Registered 1862 1001 to 1011
United States' 5-20 Sixes, Coupons, 1862 —lOll 102
United States' 5-20 Sixes, Coupons, 1865 991 991
United States' 5-20 Sixes, Coupons, 1864 9Bl 100
United States' 10-40 Fives, Coupons
United States' 10-40 Fives, Registered - 91
United States' Sixes of 1881, Coupons 1051 106
United States' Sixes of 1881, Registered 1051 106
United States' Debt Certificate of 12 months
(interest in currency) 971 971
7-30 Treasury-Note Bonds, Ist issue - 971
7-30 Treasury-Note Bonds, 2nd issue
7-30 Treasury-Note Bonds, MI issue
United States' 5 per-Cent. Legal Tenders —par
American Gold l46i 147
American Silver — 142

" The stock-market has ruled steady under a fair de-
mand, and the railway securities have for the most part
sold pretty freely at full prices. There has been some ir-
regularity, however, and some descriptions have sold
lower. The continued ease in the money market favors
an active movement in the stocks, but the operator s to
not as a general thing appear disposed to take advantage
of it. Yesterday there was considerable activity, and
prices were generally firmer. Petroleum stocks have sold
pretty freely, the market closing at the quotations
annexed.

" Tho following are the closing quotations of stock of
the Second Board, Nov. 24 :

Bid Askd
Tennessee 6's B7i 89
Missouri's 6's 76f 771
Canton Co 45 45}
Cum. Coal Com-

Bid Askd
Reading R.R. 11614 1161
Mich. Cent. R.R. 11614 116
Mi. South R. R. 76i 77
111. Central 1321 134
Clev. and Pitts.

pang
Q'ksilvor Mining
Company
Marip Min. Co l4 141
2.M.5. Co. Scrip — 240
N.Y. Cent. R.R 97 97-}
Erie R. K 92i 93
Ditto Preferred 84
Ifud. Riv. R.R llO 114
Petroleum and Mining Stoi

Railroad
Chi. and N. W

Railroad - 391
Do. Preferred 66 64
Chi and R. I. R lO9 1094
Pit., Ft.W and
- - -

chi
0. &M. Ce; of 29 29/
.k Quotations, Nov. 24 :

Bid. Asked.
Bennehoff R l9 90 20 0
Buchanan Fm 0 65 0 70
Bradley Oil 0 95 1 0
Brevoort lO 10 13 0
Central
Cherry Run 0 25 0 27
Empire City
Everett
Excelsior
Foe Simple
First National 0 41 0 45
Germania
Hamilton and
M'Clintock 5 30 5 60
Heydrick
Highgate
Heydrick Bros 0 85 0 90
Allen Wright 0 50 0 75
Bergen O. Sr O. 0 25
Blood Farm
Beech Tree — 0 55
Brooklyn
California Pet 8 0
Clinton
Commonwealth 1 25
Consol, N.Y 85 0
Enniskillen 3 0
Forest Pet 0 30 0 45
Fountain Pet 0 50
G. W. Cons'd 0 50
Home — 12 0
Inexhaustible 0 30
Ivanhoe 2 0 2 20
Ky. Nat. P. Co 1 15 1 20
Knickerbocker 0 15 0 20
Liberty

Bid. Asked.
Manhattan 0.40 045
M'Kinley
Mt. Vernon ... 050 070
Montana ll 50
Northern Light 245 3 0
Oceanic
Oil Creek
Pit Hole Creek 15 40 15 50
Rynd Farm
Shade River l2 60 060
Southard
Tack, of N. Y 0 25 035
Union — 40 0
United Pet O5O 055
United States 25 60 25 75
Webster Pet 135 137
Lily Run Pet. 085 095
Monongahela and
Kanawa — 2 0
N.Y. Phil. &8.0 80 1 0
New Th. P.Oil 0 15
N.Y. & Newark 063 070
Noble Well
Palmer 260 290
Pit Hole Con. 270 275
People's Pet 025
President
Rawson's Farm 060 160
Sherman and

Barnesdale 0 40
Star
Titus Oil
W. Vir. O. Coal 0 8 0 18
Walker Creek 4 0
Watson Pot 035 2 0

Accounts from the Oil District of Tennessee
indicate that it may rival that of Pennsylvania. It is on
Eagle Creek, near Obey River, on the Kentucky border.
Oil in considerable quantities has been found within
thirty feet of the surface. Geologists and oil men are rush-
ing in to make examinations and are delighted with the
prospects. Largo quantities of land have been leased or
purchased, and boring is going on in various places.
Among those attracted by the reports of oil is Major-Gen.
Thomas, who has leased a piece of territory where there
is an oil spring, and will bore for oil at once. The faci-
lities for getting oil to market from this region are very
good.

An oil rock has been discovered in Taumoan,

County Penn., yielding, the Oil News states, about forty-
five gallons to the ton.
The oil wells of Canada West are said to be an
established fact. They are situated near the Thames
River, in the vicinity of Bothwell. The Toronto papers
state that seven are already giving oil at the rate of from
30 to 40 barrels a day, and the region has every indication
of being well stocked with the article. So Professor Hall,
the geologist, and the experienced oil-prospecter, says.
Both Nell is rapidly becoming a thriving town—buildings
of various kinds going up, the Great Western Railway is
enlarging its accommodations, land sales and high prices
the order of the day.

(From E. F. Satterthwaite (5. Co.'s Weekly Circular, Dec. 6.)
Our advices from New York, by the Cuba, are to the
21st Nov. ; they report a steady demand for Government
Securities, at about former rates. The market for Rail-
road Stock was tolerably active, especially for shares in
the western roads, which, on large traffics, were in request.
Chicago and North Western were quoted $3, and Illinois
Central $1 higher.
Railroad Mortgages and State Stocks were inactive, but
Georgia and Virginia Sixes were each reported at an ad-
vance of two per cent. Money was abundant at seven per
cent. Gold steady.
Via Greencastle, we have received the following quota-
tions, being to the 25th Nov. : •
United Sates 5-20's ...1011 Erie, Common ......... 921
Illinois Centrals 133 Gold l6O

The following is the return of the New York Banks :---
Discounts. Specie. Cirbulation. Deposits.
6
Nov. 11, 224,005,572 11,995,201 13,825,209 174,199,442
Nov. 18, 224,741,853 12,449,989...14,333,168 173,640,464