The Sun.
London, England, 1867-07-27 00:00:00

FRANCE.

PARIS, July 26.
BOURSE, July 26, Two o'clock.—The tone of the
market is much better. Many operators having
undersold their accounts yesterday are desirous of
buying in :—French Threes have advanced 10c., to
68f. 75e. ; Italian Fives 15c., to 49f. ; Credit Mob ,
13f. 75c., to 333 f. 75c. ;
Spanish Mobilier 7f. 50c.,
to 223 f. 75c. ; Credit Foncier 10f., to 1,372 f. 50c. ;
Comptoir d'Escompte 5f., to 723 f. 50c.; Paris Gas
7f. 50c., to 1,540 f. ; Suez Canal 2f. 50c., to 300 f. ;
the reaction is most apparent in Immobiliere shares,
which have gained no less than 20f., at 167 f. 50c.
There is likewise an advance on railway shares.
From London the telegraph announces a decline on
Consols of one-eighth.
Three o'clock.—The market closed as follows :

41 per Cents 99 25
Do. end month —
3 per Cents. 6B 85
Do. end month 6B 82}
Credit Mobilior
Do. end month

Bank Shares 3355
Italian Loan 49
Do. end month 49 15
Mexican Loan —
Do. Bonds
Spanish Threes
Horne Debt —
Deferred
,W&YS.

Credit Foncier —
Do. end month 1377 50

RAIL

For Account.
Orleans ................................ ... 880
Northern ................................. 1150
Lyons and blediterrauean ........... 880
Southern ................................. 517 50

Wostena .................................. 565

Eastern ................................... 537 50

Sardinian .................................
Austrian ...........• 457 50

Lombard 376 25
North of Spain
SaragosEa
Roman.

AMERICA.
(Per the Java.)
NEW YORK, July 10.
The bill introduced by Mr. Stevens, of Pennsyl-
vania, in the House of Representatives, to enable
the inhabitants of the late rebel States conquered
by the United States to form a State Government,
declares that all the Governments and pretended
Governments in the Southern territory are null and
void, and of no effect other than that which they
shall derive from the action of Congress ; existing
corporations and officers existing de facto for local
purposes, to be continued until Congress, or those
authorised by Congress, shall determine their exist-
ence, with proper constitutions. Until admitted
into the
governedet
chosen
e b Union, ntii
loen ,bj
joint
iancttl district,arcetei
o n commissioners,
onlmissioners, civilians,
as now existing, shall
of
Congress. The pre-
sent registration is to be continued, with a view to
the foundation of a State Constitution, which must
be submitted to the approval of Congress.
The bill declares the admission of new States into
the Union, and the reconstruction of the old one is
the sole duty and work of Congress, and neither
of department, nor
Congress.
right to interfere
tjhudeiePiarreysi,dnenotr,
nnliolritaarynyhahveead any
-General upon any
in
Ts uhceh
omp
ianti toenr souf n
tl
he ses
Arequiredy by
point connected with the admission of new States,
or the reconstruction of destroyed ones, is unau-
thorised, and ought not to be obtruded upon Go-
vernment.

of this city, just returned from a protracted visit to
The St. Louis Despatch says ;_u A
Alabama and Georgia, informs us that the crops in
those States thus far fulfil all the expectations that
their appearance in the spring inspired. The wheat
gentleman
harvest is over, and proved to be unexpectedly fine.
Many counties had raised two hundred thousand
bushels. The corn also promised well, and what
with their good crops
of these articles the people
of the South will be at least half supplied. The
cotton is waist high, thrifty, and promising. An
unusual freedom. of fields from insects is noticeable.
Many estimate the coming crop at a full average,
and the moderate estimates do not place it under
three million bales. The
people are contented with their
material condition, and greatly relieved by the grain
harvests and the prospects of a good cotton crop.
The negroes are now working on shares with the
as a general thing,
planters, and, are working as
faithfully and efficiently as they did before the
war."

A Galveston (Texas) despatch of the 15th inst.
says :—" Owing to the continued rain the cotton
prospect is rather poor. The caterpillar and army
worm are doing great damage."
Arizona advices state that the Colorado River
was so high that the break;vater at Gilla was
overflowed, causing the entire destruction of Ari-
zona city, only two buildings remaining uninjured
on the Fort Yuma side. The flood had completely
wrecked the overland mail company's quarter 6.
The United States gunboat Peoria had arrived
from St. Thomas. She reports that on the night
of the 3d iust. the town of Basseterre,,St. Kitt's,

was destroyed by fire. All the business
portion of
the place, and most of the dwellings and churches,
were reduced to ashes. The Peoria was lying at the
time at the neighbouring island of St. Martin's, and
the United States Consul despatched a sailboat for
the Peoria to come to the assistance of the town.
On her arrival she was unable to do anything
towards saving the place, but Commander Badger
supplied the destitute inhabitants with ship stores,
and then proceeded to Antona for further supplies.
The Governor of Autona immediately despatched a
provisioned vessel to St, Kitti, FiYO liyea wero lost

during the fire. Large quantities of provisions and
sugar, ready for shipment, were consumed.
A telegram states that every effort had been made
to recover the remains of General Meagher, lately
drowned at Fort Benton, but without success.