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. Tic. ; 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 21. 50c., to 300 f. ;
the reaction is most apparent in Immobiliere shares,
which have gained no leas 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 9§ 25
Do. end mouth —
3 per Cents. 6B 86
Do. end month 6B 824
Credit Mobilier 312 50
Do. end mouth
Credit Foncier —
Do. end month 1377 50
RAIL

Bank Shares 3355
Italian Loan 49
Do. end month 49 15
Mexican Loan —
Do. Bonds —
Spanish Threes -
Home Debt — _
Deferred
rA,YS.

For Account.
Orleans
Northern ll5O
Lyons and Mediterranean...,.,,,,,, BEO
Southern
Western
Eastern
Sardinian
Austrian
Lombard......
North of Spain
S aragose a ... 92 50
Roman

AMERICA.
(Per the Java.)
NEW YORK, July 10.
The bill introduced by Air. 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
u
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
facto for local
purposes, corporations
to
b and
d continued officers
exisnttiinlgc de
e e
greks, or those
authorised by Congress, shall determine their exist-
ence, with proper constitutions. Until admitted
into the Union, each district, as now existing, shall
be governed by three commissioners, civilians,
chosen by the joint action 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
the President, nor any head of department, nor
judiciary, nor military have any right to interfere
in such matters unless required by Congress.
The opinion of the Attorney-General upon any
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 A
Alabama and Georgia, informs us that the crops hi
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
e and greatly relieved by the grain
harvests and the
The negroes are now working on shares with the
planters, and, as a general thing, are working as
faithfully and efficiently as they did before the
war."

A Galveston (Texas) dospatch 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 breakwater 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 wail company's
quarters.
The United States gunboat Peoria had arrived
from St. Thomas. She reports that on the night
of the 3d inst. 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 Antona immediately despatched a
Prffihicmed Yesiiel to St. Kate. KiYe livee were 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.