The Sun.
London, England, 1867-11-25 00:00:00

Miscellaneous News.

(From the An.qlo-America Times.)
The Social Manufacturing Company of Woon-
socket has just completed a model boarding house for its
operatives, which has comfortable and spacious sleeping
rooms, reception and reading rooms, and full and complete
arrangements for providing a genial, healthy home for its
150 occupants. The mills of the company produced last
year 7,500,000 yards of cloth, and it deserves success for
the humanity and consideration with which it treats its
employ&
The Chico Courant, Butte County, states,
dated Sept. 27th :—" We have a piece of wood taken from
the centre of a large conglomorate boulder, in the mining
claim of J. L. Boles, on Chico Creek, about 20 miles from
Chico. The boulder was blasted to get it out of the claim,
and the wood found in the centre. The wood looks like
cedar, and must have been embedded several thousand
years."

The ship Essex, which sailed from Melbourne,
August 30, arrived last Saturday night off the Scilly
Islands. She rounded Cape Horn, Sept. 24, and on that

day sent a boat to the American schooner, Levy Stephens,
98 days from Boston for San Francisco, which the day be-
fore, in the Straits of Lemaire, had lost in a squall five of
her crew who were washed overboard. The Essex also
spoke the American brig Adrian Joanna, 2t days from
Conception for Buenos Ayres.

The directors of the North German Lloyd have
contracted with Messrs. Caird and Co., of Greenock, for the
construction of another first-class screw steamer, of 3,000
tons burden, for their Now York mail line. The screw
ship Rhein, now building on the Clyde, will be ready for
service in February next.
IMPORTANT, IF TRUE.—It is said that Mr. H.
E.:Tweedles, of Pittsburg, Pennsylvania, has invented and
patented a new process for the distillation of petroleum

oils, in which steam is the only heating agent employed.
It is furthermore claimed that the oil so produced is ob-
tained in such a state as to avoid the necessity and expense
of any subsequent purification by alkalies and acids. But
six or eight minutes only are said to be employed in ac-
complishing the result. The quantity operated upon in a
six or eight minutes run is not stated. Steam is un-
doubtedly to become a most important auxiliary in the
distillation and purification of petroleum; numerous experi-
ments in that direction have already been undertaken on
this coast, with a greater or less measure of success. Still
we are not exactly prepared for the above announcement
as yet.—San Francisco Mining and Scientific Press.
A correspondent of the Memphis Post, from
Houston, Oct. 16, gives the following sketch of life in
Texas:—" We had a regular Texas street fight here the
other day. Two men were waiting an hour or so at a
hotel for one man. When ho came out one of the two

ulled a Derringer, fired, and missed ; then pulled a

six-shooter, and emptied every barrel at the advancing
man, who was shut in four places, and who then, in spite
of his wounds, pulled a bowie-knife and made two inser-
tions in the left breast of Brown, the commencer of the
rcw, whose companion then pulled a revolver and abso-
lutely broke the skull of the bowie-knife man and laid him

low. Brown breathed his last in 15 minutes; Pruitt, the
other man, lingered for three days. The fuss was about a
pretty milliner, named Sallie St. Clair, who, by the by,
nursed Pruitt until his death. From up the country we
have news of a" beautiful little fight," two men on a side,
all armed, as is usual in Texas, with the inevitable six-
shooter. They, amused themselves in a playful manner
until two were instantly killed, one mortally wounded,
and the other (a man nearly 80 years old) was bored with
three bullets only. But it was ' a beautiful little fight,'
though."

The report of tho Paymaster-General for the
fiscal year ending Juno 26, 1867, shows that the disburse-
ments to the volunteers, the regular army, and the mili-
tary academy for that year were $42,758,457. The total
number of claims for additional bounty received was
407,857, of which 90,606 were paid, and 9,372 were dis-
allowed, leaving $302,479 on hand unsettled. For recon-
struction purposes $943,852 have been disbursed by the
district paymasters, leaving a balance in thoir hands of
$510,876.

The, following is a statement of the movement in
cotton since the Ist September last, taken from W. P.
Wright's circular, dated New York, 29th October :
--
"Receipts at ports in the United States, 1867, 143,000 bales;

1866, 171,000 bales ; 1865, 396,000 bales. Exports to
Great Britain, 1867, 27,000 bales; 1866, 62,000 bales;
1865, 165,000 bales. Exports to France, 1867, 2,000 bales ;
1866, 9,000 bales; 1865, 9,000 bales. Exports to other
foreign ports, 1867, 4,000 bales; 1866, 4,000 bales; 1865,
2,000 bales. Total exports, 1867, 33,000 bales; 1866,
75,000 bales ; 1865, 176,000 bales. Stock on hand, 1867,
120,000 bales; 1866, 283,000 bales; 1865, 377,000 bales.
Of which during the past weak included in the above-
Receipts at the ports, 1867, 36,000 bales ; 1866, 51,000
bales ; 1865, 65,000 bales. Exports to Great Britain,
1867, 13,000 bales; 1866, 8,000 bales; 1865, 27,000 bales.
Exports to France, 1867, 2,000 bales; 1866, 3,000 bales;
1865, 2,000 bales. Exports to other foreign ports, 1867,
1,000 bales; 1866, 1,000 bales; 1865, - bales. Total ex-
ports-1867, 16,000 bales; 1866, 12,000 bales; 1865,
29,000 bales."•

During the past year unexampled liberality has
been shown toward the higher educational establishments
in America, which has inspired them with full vigour, and
will doubtless increase their usefulness. Iu the following

list taken from the Yale Courant the land grants to agri-
cultural colleges are not included. Tho handsome gift of
Mr. Cornell was made in 1865, but is given below, as it was
not applied until within the last year :—Albion College,
Albion, Michigan, $25,000 ; Baldwin University, Beroa,
Ohio, $103,000; Beloit College, Beloit, Wisconsin, $18,000;
Bowdoin College, Brunswick, Maine, $27,000; College of
New Jersey, Princeton, $20,000 ; Cornell University,
New York, $760,000; Cornell College, Mt. Vernon, lowa,
$25,000 ; Cumberland University, Lebanon, Tennessee,
$35,000 ; Dartmouth College, Hanover, New Hamp-
shire, $35,000; Dickinson College, Carlisle, Pennsylvania,
$100,000; Hamilton College, Clinton, New York,
$94,000; Hanover College, Hanover, Indiana, $25,000
Harvard College, Cambridge, Massachusetts, $100,000;
Kenyon College, Gambier, Ohio, $35,000; Lafayette Col-
lege, Easton, Pennsylvania, $90,000; Lawrence Univer-
sity, Appleton, Wisconsin, $20,000; M'Kendree College,
Lebanon, Illinois, $20,000; N. W. Christian University,
Indianapolis, Indiana, $35,000 ; Norwich University,
Northfield, Vermont, $16,000; Oberlin College, Oberlin,
Ohio, $34,000; Otterbein University, 'Westerville, Ohio,
$30,000; Rutgers College, New Brunswick, New Jersey,
$50,000 ; Shu tleff College, Upper Alton, Illinois, $BO,OOO ;
Tuft's College, Medford, Massachusetts, $300,000 ; Uni-
versity of Mississippi, Oxford, Mississippi, $25,C00 ;
University of Chicago, Chicago, Illinois, $lOO,OOO ; Wa-
bash College, Crawfordsville, Indiana, $40,000 ; Wash-
ington University, St. Louis, Missouri, $lOO,OOO ; Wes-
leyan University, Middletown, Connecticut, $98,000 ;
Western University, Pittsburgh, Pennsylvania, $95,000;
Yale College, New Haven, Connecticut, $206,000. Total
of 31 colleges, $3,041,000.
A statue of Adam Smith is to be erected in the
city of Oxford, for the purpose of commemorating his con-
nection with the university. The statue, which has been
executed by an Austrian sculptor, has cost £7OO, and is
said to be an excellent likeness. A subscription has been
set on foot to defray the expenses, and a committee, con-
sisting of the Dean of Christ' Church, Dr. Scott, Master of
Baliol (in which college Adam Smith was educated), and
Professor J. E. Thorold Rogers, have been appointed to
make the necessary arrangements.

A hurricane has passed over some of the great
Lakes of the United States, causing much damage to the
shipping.

Most of the iron mines in Michigan have
adopted the old method of mining, instead of quarrying,
as recently practised.

Hunnicutt advises negroes discharged by their
employers to ask for work, and if refused by them to apply
the torch to their dwellings.

NEW YORK MARKETS.

(From Correspondent of the Anglo-American Times.)
NEW Yonx, Nov. 9, 1867.
For the first time for many months gold has dropped
below 140, closing yesterday at 1381. There aro many
reasons advanced for this. Soma attribute it to the satis-
factory progress of reconstruction, and the triumph of the
Democratic party, which it is alleged will restore the South
and work a favourable effect on the business of the country.
Others assert that this will not be the effect of the elec-
tions on Tuesday, and predict that the market will soon
rise when the gold disbursements of the Treasury in pay-
ment of •5-20's have been absorbed. The exports of the
precious metals from New York, from Ist January to the
week ending Nov. 2, were $43,650,721 against $55,963,684
for the same period last year. The imports from San
Francisco for the same period were $24,909,433 against
$36,616,385. The Henry Chauncey brought last Sunday
from Aspinwall $517,756, and the Sacramento left San
Francisco with upwards of half a million, making up the
total amount of treasure from that port for the year to
$34,708,711. Money is easy, the demand is good on call,
which is readily supplied at 7 per cent., with exceptions
on Government Securities at 6 and 8 to 9 per cent. for
time on good securities. The supply is abundant, and
the tendency is towards greater ease. Business continues
too depressed to use the funds disposable, and this very
depression adds to the glut of money. There will soon
be a better demand from the South, which is already
increasing, and in anticipation the banks hold large ba-
lances, and only lend freely on call. Mercantile men look
hopefully for better times, which haw) been delayed longer
than they anticipated. At Chicago the money market is
tight, and speculators are checked by the caution of the
banks, and the stringent way in which loans are called in.
Government Stocks are firm, with little change to report,
except in 10-40's, which have improved on the official an-
nouncement from the Treasury that Government has
stopped the sales, leaving in the Secretary's hands unissued
$28,000,000 of these bonds. They are also strengthened
by their introduction to the London market, and have risen
here to 1014 to 1011. There is a rumour that greenbacks
will be steadily contracted, and there is a suggestion that
$500,000,000 of 5 per Cent. Bonds should be authorised by
Congress in exchange for 5-20's, the interest and principal
to be payable in London. Two objects would be gained
by such a course—the first would be a large annual sav-
ing on the interest, as the bonds would be willingly taken
in exchange in Europe at a lesser rate, the principal being
guaran'eed as payable in gold as well as the interest, which
English holders would then obtain in sovereigns in Lon-
don. The second effect would be to strengthen Govern-
ment securities in the United States, preventing the chance
of violent fluctuation. There is always the dauzer of
having the bonds held in Europe forced back on the
United States market when the country can least afford it ;
that is, in time of peril. I send you the last Report
of Secretary M'Culloch, which is considered here very
satisfactory. The receipts from Revenue and Customs
declined in October, and are likely during the winter
months to continue even still lower. There is very little
doing in the Railway Market. The returns for October
are not considered as good as anticipated. The Reading and
Pennsylvania is expected to pay a 10 per cent. dividend on
its stock. The Erie, it is said, is about to part with some
of its land in New Jersey, where it owns 3,000 lots, each
believed to be worth $l,OOO, the third of which is to be
sold. It is expected to realise a large advance on the cost
price. The Illinois Central got for land in October
$301,220, the largest sum yet received by the company for
a single month. Mining Stocks continue to decline.
Petroleum Stocks are active and rising ; a large business
is transacted in them, Buchanan. Farm being a favourite
with speculators and investors. Express Stocks have
risen, the following being the latest prices :—Adams, 67/
to 671; American, 671 to 671; United States, 671 to 681 ;
Wells, Fargo, and Co., 471 to 48 ; Merchants Union ($35
paid) 291 to 291.

- The annual election of the Pacific Mail Ship Company's
officers will be made on November 21. A hot fight is pro-
gressing, circulars being sent out by both parties. In
answer to the charges of favouritism and extravagance, the
defenders allege that their system is the best and cheapest,
maintaining they were right in increasing capital last year,
in building side-wheel instead of screw steamers, and in
their annual payments to the President. The following
are among the latest prices ;—New York Central 112, Erie
721, Hudson 125, Reading 96, Michigan, Southern, and
Northern Indiana 781, Illinois Central 126, Cleveland and
Pittsburgh 811. North-west 47k, North-west Preferred 63f,
Canton 42, Rock Island 951, Cleveland and Toledo 102 k,
Fort Wayne 96, Pacific Mail 142, Atlantic Mail 116 k,
Quicksilver 151, Western Union Telegraph 311, Mariposa
Preferred 141, Ohio and Mississippi Certificates 24, Boston
Water Power —, Cumberland 231.

THE PUBLIC DEBT OF THE UNITED STATES.
(Secretary M'Culloch's Monthly Statements.)

The following is the official statement of the public
debt of the United States on the Ist of November, 1867:

DEBT BEARING COIN INTEREST.

5 per Cent. Bonds 5198,845,350 00
6 per Cent. Bonds of 1867 and 1868
6 per reut. Bonds of 1881 283.676,600 00
6 per Cent. 5-20 Bonds 1,267,898,100 00
Navy pension fend 13,000,000 00

61,778,110,991 80
DEB r BEARING CURRENCY INTEREST.

Total

Six per Cent Bonds
Throe-year Compound Interest Notes
Three-year 7-30 Notes 334,607,700 00
Three per Cent Certificates 11,560,000 00

Total 5426,768,640 00
Matured Debt not presented for payment
—Three-year Seven-thirty Notes,

due Aug:ls, 1867
Compound Interest Notes matured Juno
10, July 15, Aug. 15, and Oct. 15, 1867
Bonds of Texas Indemnity
Treasury Notes, Acts July 17, 1861, and

$3,371,100 00

9,316,100 00
262,000 00

prior thereto
Bonds of April 15, 1862
Treasury Notes March 3d, 1863
Temporary Loan
Certificates of Indebtedness

163,661 64
^54,061 64

868,240 00
4,168,375 55
34,000 00

818,237,538 83
DEBT BEARING NO INTEREST.

Total

United States Notes 5357,164,844 00

Fractional Currency
Gold Certificates

30,706,433 39
14,514,200 00

Total
Total debt 52,625,502,848 02

AMOUNT IN TREASURY.

Coin
Currency

$111,540,817 35
22,458,080 67

Total

Amount of debt, less cash in Trea5ury...52,491,504,450 00
The foregoing is a correct statement of the Public Debt,
as appears from the books and Treasurer's returns in the
department on the Ist of November, 1867.
HUGH MiCuLLocif, Secretary of the Treasury.

(From Messrs. Belding, Keith, and Co.'s Circular.)
FRIDAY EVENING, Nov. 22.

There has been a general improvement in almost all
United States securities during the past week, Erie Rail-
way shares being the only exception. The last quotation
of gold in Now York is 1394, which is per cent. higher
than the corresponding quotation of last week. Five-
Twenties of both issues show an advance cf per cent
fer the week, opening at 704 :if,- for the 1862'5, and 69/
for the issue of 1865. The 1864 Bonds are without alte-
ration. Ten-Forties have advanced from 66i 67i to 674 4,
bowing a much Omer quotations with a tolerable amount