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

Turkey, the other from the Catholic provinces of County Penn., yielding, the Oil News States, about forty-
the Scheldt and the Meuse, which in a moment of five gallons to the ton.
generosity had been given to the narrow-minded The oil wells of Canada West are said to be an
Princes who ruled in Holland. Among the Allies established fact. They are situated near the Thames
England was still paramount. Of the multitude of River, in the vicinity of Bothwell. The Toronto papers
claimants to the Greek throne Prince Leopold was state that seven are already giving oil at the rate of from
chosen, in the year 1830, as the most worthy. He 30 to 40 barrels a day, and the region has every indication
would have accepted the offer if his patrons had of being well stocked with the article. So Professor Hall,
been less ungracious, his promised subjects more the geologist, and the experienced oil-prospecter, says.
tractable. Lord Aberdeen, the Prime Minister of Bothwell is rapidly becoming a thriving town—buildings
the day, refused to listen to the proposal of adding of various kinds going up, the Great Western Railway is
Candia to the kingdom of Greece, or of obtaining a enlarging its accommodations, land sales and high prices
guarantee from Turkey that she would abstain the order of the day.
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 bad
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 'with the King of the French.
He was indebted for his throne to the Five Great
Powers who remodelled the map of 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
,o overflowing.

(From E. F. Satterthwaite 4- Co.'s Weekly Circular,Dec.6.)
Our advices from Now 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. _ _ _

id Greencastle, we have received the following quota-

tions, being to the 25th Nov. :-- •
United Sates 5-20's ...104 Erie, Common
Illinois Centrals 133 Gold l6O
The following is the return of the New York Banks :
Discounts. Specie. Cirbulation. Deposits.
$ $ 8
Nov. 11, 224,005,572 11,995,201 13,82$ 5,209 174,199,442
Nov. 18, 224,741,853 12,449,989...14,333,168 173,640,464

ATLANTIC AND GREAT WESTERN RAILWAY.
The following notice has been officially posted in the
Stock Exchange :
" The Consolidated Bank, Limited, have received the
sum of thirty three thousand and three pounds ten
shillings (£33,003 10s.) from the earnings of the month
of October of the Atlantic and Great Western Railway for
the rrAilli of Trustees' Coupon Account.
" London, 4th December, 1865."

We wish to draw the attention of our friends to the
Prospectus no, before the public of the Consolidated
Mortgage Sterling Bonds of the Atlantic and Great
Western Railway, and, in doing so, would observe that
the divisional section of this undertaking are now, by laws
of the separate States, merged into one consolidated cor-
poration, having a consolidated: capital of Shares and
Bonds. This step had long been desirable, from the un-
certainty in the public mind as to the amount and disposition
of capital which the construction of the road in different-
sections rendered unavoidable, and we are now glad to
place before our friends, in a concise form, the actual
position of the Company, and the clearly defined basis on
which it exists. As regards the present issue, we think it
must commend itself to the attention of investors, as from
the facts stated in the prospectus, it will be seen that it
offers a security certainly equal to the Bonds of our best
English railways, and the income secured is quite double
that which similar home securities would afford, for taking
into account the discount allowed on prepayment of calls,
and the coupon due on the 15th January next, the Bonds,
at the issuing price of 80 per cent., will yield to an inves-
tor, paying up in full an allotment, £9 Os. sd. per cent. per
annum for 25 years, and at the end of that time a bonus of
20 per cent.
Tho Great Western of Canada traffic, for week ending
Nov. 17, 1865, £16,651 4s. Bd. sterling, on 345 miles, or
£4B ss. 3d. per mile per week. Nov. 18, 1864, £11,546
19s. sterling, on 345 miles, or £33 9s. 4d. per mile per

week.
The Grand Trunk of Canada traffic is, for week ending
Nov. 11, 1865, £30,829 sterling, on 1,377 miles, or £22
7s. 9d. per mile per week. Nov. 12, 1864, £21,826 sterling
on 1,335 miles, or £l6 6s. 11d. per mile per week.
The Detroit and Milwaukee traffic is, for week ending
Nov. 16, 1865, £8,293 11s. 3d. sterling on 189 miles, or
£43 17s. 7d. per mile per week.:Nov. 17, 1864, £6,795100.
10d. sterling on 189 miles, or £35 19s. Id. per mile per
week. _ _

The London market for American securities has sym-
pathised with the general markets in dulness and inacti-
vity during the past week, but, on the whole, prices have
been fairly maintained. United States, 5-20 Bonds show
a fractional decline, closing 641. Illinois Shares have
also receded three quarters of a dollar, being last quoted
821 to 1, but Eries have again improved one and-a-half
per cent., or to 581 to 591.
The issue of the Consolidated Mortgage Bonds of the
Atlantic and Great Western Railway appears to have been
well received. We anticipate that the subscription list for
this loan will be closed before our next.
OFFICIAL TRANSACTIONS FOR THE WEEK.—United States
6 per Cent 5.20 Bonds, 1822: Thursday, 641 1 1 ; Friday,
65 41 1; Saturday, 641 ; Monday, 641 5 ; Tuesday, 611 ;
Wednesday, 641 11. Virginia 6 per Cent. Dollar Bonds:
Friday, 43; Saturday, 435 ; Monday, 431 ; Wednesday
421. Atlan. and Gt. Western (N.Y. Sect.), Ist Mrt. Bonds,
1880: Friday, 791 ; Saturday, 80 ; Monday, 80 ; Tuesday
795 80 ; do. (Penn. Sect.) Ist Mrt. Bonds, 1877 ; Wednes-
day, 801 79. Erie Shares, $lOO, all paid : Thursday, 571
871 4 ; Friday, 591 1 9 ; Saturday, 581 91 ; Monday
591 1 5 ; Tuesday, 59 ; Wednesday, 69 81 ; do 6 per Cent.
Debenture Scrip: Thursday, 1 1 pm; Friday, 11 1 1 pin
Saturday, 11 pm ;Monday, 1 Ipm ; Tuesday pm ;
Wednesday, 11 5 pm; Illinois Central 6 per Cent. Bonds,
1875: Thursday, 81; Friday, 82 ; do. Shares, all paid :
Thursday, 821 31 ; Friday, 821 3 ; Saturday, 825 31;
Monday, 821 3 ; Tuesday, 821 1 ; Wednesday, 821;
delphia and Erie First Mortgage, 1881: Saturday, 751.

American Financial and Commerical

- s--

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

" The movement in general trade continues slow, and
business in both foreign merchandise and domestic 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 are 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 been at 146 i to 147 per cent.
The market closed steady.
"Foreign exchange has been in fair demand, and rates
remain without essential change.
"The money-market remains easy at 7 per cent. for all
loans, and a good part of the business is doing at a lower
rate, and the tendency is downward. Discounts continue
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 8i
Do., three to four months 7l 8
First class single names 8 9
Other good t bills
"Government securities have boon 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...100/ to 101}
United States' 5-20 Sixes, Coupons, 1862 ...101f 102
United States' 5-20 Sixes, Coupons, 1865 ... 991 991
United States' 5-20 Sixes, Coupons, 1864 98-1 100
United States' 10-40 Fives, Coupons
United States' 10-40 Fives, Registered
United States' Sixes of 1881, Coupons 105 f 106
United States' Sixes of 1881, Registered 1051 106
United States' Debt Certificate of 12 months
(interest in currency) 97/ 974
7-30 Treasury-Note Bonds, Ist issue
7-30 Treasury-Note Bonds, 2nd issue - 97
7-30 Treasury-Note Bonds, 3d'n issue
United States' 5 per-Cent. Legal Tenders par
American Gold 1461 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 operators
not as a general thing appear disposed to take advantage
of it. Yesterday there was considerable activity, and
prices wore generally firmer. Petroleum stocks have sold
pretty freely, the market closing at the quotations
annexed.
"The following aro the closing. quotations of stock of
the Second Board, Nov. 24:

Bid Askd
Tennessee 6's B7l 89
Missouri's 6's 76t 77i
Canton Co 45 44
Cum. Coal Corn- •

Bid Askd
Reading RR. .. 1161 116 k
Mich. Cent. R.ZL 1161 116/
Mi. South R. R 76 77
111. Central 132 134
Cloy. and Pitts.
Railroad
Chi. and N. W
Railroad
Do. Preferred 66 661
Chi and R. I. R. 109 1094
Pit., Ft.W., and
Chi.
0. &M. Ceitif 29 29/-
OE Quotations, Nov. 24 :

_
pa,ny
Q'ksilver Mining
Company
Marip Min. Co l4 141
2.M.5. Co. Scrip — 240
N.Y. Cent. RR 97 971
Erie R. K 921 93
Ditto Preferred 84
Hud. Riv. R.R. 110 1101
Petroleum and Mining Sto
Bid. Asked.
Bennehoff R ...19 90 20 0
Buchanan Fm 0 65 0 70
Bradley Oil 0 95 1 0
Brevoort lO 10 13 0
Central
Cherry Run
Empire City 0 36 0.60
Everett
Excelsior
Fee 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 C. & O. 0 25
Blood Farm
Beech Tree — 0 55
Brooklyn
California Pet 8 0
Clinton
Commonwealth 1 25
Consol, N.Y 85 0.
Enniskillen
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 O4O 045
M'Kinley
Mt. Vernon 050 070
Montana n. 50
Northern Light 245 3 0
Oceanic

Oil. Creek
Pit Hole Creek 15 40 15 50
Rynd Farm 065 072
Shade River 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 Y&. P. Oil 015
_ _

isi.i.irkeWark 063 070
Noble Well 250
Palmer 260 290
Pit Hole Con. 270 275
People's Pet
President

itiwson'sFarm 060 160
Sherman and

Barnesdale
Star
Titus Oil

W. Vir. O. Coal 0 8 018
Walker Creek 4 0
Watson Pet 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. Large 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 Majolk-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 Tallman,