The Sun.
London, England, 1866-05-21 00:00:00

MIS C ELLANE OUS NEWS.

The Boston Traveller, of April 25th, says—A re-
sident of New York city has lately given by will a
handsome fund to Harvard University, for the pur-
chase year after year of works of American art ; a
proof of interest in the arts in connection with
university education that may be the beginning of
an important movement.

The American Screw Company at Providence,
with a capital of $1,000,000, is reported to have
divided $1,000,000 among its stockholders in 1864,
and $1,200,000 in 1865.
EMIGRATION.—The number of emigrants from
Europe to New York from January Ist to May
2nd, was 48,661. During the same period in 1865,
23,811.
PROGRESS AT THE SOUTII.—As one of the signs
of progress " down South," the Charlottesville
(Virginia) correspondent of the New York Herald
States that on a Sunday he witnessed in a large
school-room under the Baptist church about three
hundred coloured children, of all shades, from nearly
white to ebony black, assembled, and thirty or forty
white persons, many of them belonging to the first
families in the country, and most of them the sons
and daughters of former slave owners, were engaged
in teaching them. Away in one corner of the room
a distinguished and learned law professor of the
Virginia University (Professor Minor) was labori-
ously engaged in teaching one bright-eyed little
darkey his letters, and quite a number of the students
of the University were pursuing similar avocations.
As many as five hundred children have been in
school at one time, and the average attendance is
nearly three hundred.
The United Statesi
of over two Quartermaster-General has
records of the b •hundred thousand
Union soldiers, and recommendsthose
an appropriation
of one million dollars to place whose bodies
are scattered in cemeteries, where they will be safe
from desecration. General Thdisonituail
asissued an
order to forbid ploughing or
b g the graves
of soldiers at Atlanta.
There were only six persons in Memphis
(Ten-
nessee) in 1861 who voted against secession. Now
there are not less than six hundred persons claim-
ing to be one of the six.
There are seventeen manufactories of paper collars
in the New England States, and each girl employed
makes about one thousand of them daily.
The Washington Chronicle says the American
Agricultural Department has recently received
several highly interesting letters from most of the
Southern States, which represent this year that the
crops, especially the cotton crop, will be exceed-
ingly large
providing the season continues propi-
tious.

The Mobile Register places at the head of its
columns the name of General Robert E. Lee as a
candidate for the President of the United States in
1868, and remarks that there is a concentrated
organisation now in progress to put forward the
model hero of the Confederacy as the States Rights
Democratic candidate for the next Presidential
campaign.

THE MEXICAN COLONY.
of Cordova
The colony
numbers now among its members Ge„
man, Wilcox, Slaughter, and
Broadwell, Flournoy, Gray, Hardem—aEarly, Hind-
Colonels
and Boulildi
near Cer
Snead of Texas, Terry, Chiles, and Porter. Judge
Gen.
Magruder is at Cordova. Settled also
dova are Gens. Price and Shelby, Gov. Harris',
Judge Perkins, Dr. Tisdale, and a great many
others, who are engaged in farming. judge
a
Shattock, of MississipPi,nd late of California, is
near Precidie, in the department of Mazatlan ; also
many Californians and Missourians, all raising cot-
ton. Judge Terry, with a party formerly from
California, is near Guadainfare, farming and rais-
ing stock. On the Rio Verde, in San Luis Potosi,
are also settled a colony of cotton planters, with
Colonel Mitchell, of Missouri, at their head. A
large number of former Confederate officers are also
employed on the railroad from Mexico to Vera
Cruz, among them being Generals .Leadbetter and
Stephens. The wife of Maximilian is very populir

COMMERCIAL INTELLIGENCE.

Money abundant. Gold 1291. Exchange on
London, 142 ; on Paris, 4.01. Stocks quiet. New
York Centrals, 92i ; Illinois, 1211; Erie, 73k;
5-20 Bonds, 102. Cotton firm and active : middling
upland, 34k. Wheat and flour dull ; corn quiet.
Provisions quiet, and prices drooping; coffee and
sugar steady ; molasses quiet. Petroleum very
firm ; crude, 29 ; refined, 45. Receipts of cotton
at New York for 30 days, 4,000 bales ; export
during four days, 6,000 ; stock, 170,000.
ORLEANS, May 9.—Cotton quiet ; low middling,
32 ; three days' sales, 4,000 ; receipts in five days,
4,000 bales.

Secretary M'Culloch has promulgated his usual
monthly statement of the public debt, which gives
the following figures for the amount of debt on
May 1:
Debt bearing interest in coin 51,186,092,841 80
Debt bearing interest in currency 1,888,313,544 62
Debt on which interest has ceased 877,729 64
Debt without interest 432,392,755 54

Total
Since April 1 the debt has remained almost sta-
tionary, having decreased but $117,025. The amount
in the Treasury on May 1 was $76,676,407 2c. in
coin and $61,310,621 80c. in currency ; total
$137,987,028 82c., an increase during the month of
April of over $15,000,000. The Secretary of the
Treasury considers the financial condition of the
Government very easy, and has ordered the various
assistant treasurers to discontinue receiving deposits
upon temporary loan after May 15. In the above
exhibit of debt the temporary loans amount to more
than $131,000,000 of the currency interest-debt,
and the interest paid upon them being decreased,
and other means being taken to encourage
holders to withdraw them, they will to a great
extent be drawn out of the treasury within a
few months. The Secretary has finally deter-
mined to begin funding the debt, and to secure
ample powers has had Senator Sherman offer a bill
authorising the Secretary of the Treasury to issue
5 per cent. 30 year bonds to an amount equal to
the debt, and to be disposed of at his discretion.
These bonds are to be used exclusively in retiring
the debt, and are to be called " the Consolidated
Debt of the United States." They are exempted
from taxation by the United States in consideration
of the low rate of interest, and are to be payable,
principal and interest, in coin. The bill also applies
$30,000,000 a year to the reduction of the principal
of the debt. It has been referred to the Senate
Committee of Finance, who, it is said, will report
upon it favourably.
There are one hundred and thirty millions of
available funds in the United States Treasury. The
amount of bonds held by the treasurer as security
on national banks is three hundred and fifty-six
millions. The total amount of national bank cir-
culation is two hundred and sixty-eight millions.
It is expected that the next monthly statement will
show a reduction of six millions in the national
debt.

The Stock Market was generally stronger this morning,
with a slight advance, and with a general expectation of
increased faith in current values.

The Money Market was easy at 5 per cent. to the Stock
Exchanges, with exceptions at 4 per cent, on Government
and 43- on railway securities. Discount easy. First-class
paper 53- to 6 per cent. for 60 days. Gold opened at 1271-,
and closed at 1271- +. Foreign exchange opened at 109+
o bank bills on England at GO days, and closed at 1091
to 1; and for short sight, at 1101- to mi. Commercial
bills were quoted at 108+ to 109. Money, stocks, and
petroleum were generally active. The following were the
latest quotations:—

United States Gs, 5-20's '62, 1021 ; U.S. Os, 81 cp., 1081
to 108-1; ditto second call, 109 ; U.S. 6s, 1881 rg., 109 ;
Hudson River, 1101 ; Erie, 731 to 734; New York Cen-
tral, 921 ; Reading, 1071 to 1071; Michigan Southern,
771 to 771 ; Illinois Central, 122 ; Cleveland and Pitts-
burg, 82 ; Rock Island, 1241 to 1241; North-Western,
288 to 281; North-Western preferred, 601; Fort Wayne,
991; Ohio and Mississippi certificates, 25-1 to 26/ ; Canton,
581 bid ; Cumberland, 45 to 451; Mariposa preferred, 251
to 261.
The principal feature of the woek in the financial world
has been the failure of the National Bank of Washington.
The amount of its notes in circulation is $lBO,OOO, which
is, however, secured by United States Bonds. The bank
was also a Government depository. The failure is at-
tributed to the suspension of Bayne and Co., stockbrokers,
Baltimore, a member of the firm being the principal of the
Bank. The capital of the Bank was $200,000. Amongst
depositors were many army paymasters, who will lose
heavily.
Another series of Wall-street forgeries have been dis-
covered, and the perpetrator, John Ross, a broker, has de-
camped. He forged checks to the amount of $129,600 on
Albert Speyer, No. 27, Pine-street ; on Howes and Macy,
No. 30, Wall-street, $108,000; on Crones() and Co.,
$50,000 in gold; Black and Spaulding, No. 19, Broad-
street, $50,000 in gold, and Groesveck and Co., No. 30,
Broad-street, to an immense amount, the exact figures at
present unknown. Other firms are supposed to be losers.
To stimulate the exertions of the parties enaged in endea-
vouring to effect the capture of Ross, a reward of five
thousand dollars for his apprehension, and an additional
sum of ten per cent. on all the stolen money recovered, has
been offered by the Union and Continental national banks.
The Secretary of the Treasury has taken a decided step
in the right direction towards funding the national debt.
A bill, which is understood to have received his approval
and that of the leading New Yerk banks, has been intro-
duced into the Senate by Senator Sherman. It provides
for the conversion of the present obligations of the Go-
vernment into coupons, or registered bonds, of such de-
nominations as the Secretary of the Treasury may pre-
scribe. These bonds to bear five per cent. interest, in
coin, to be redeemable, in coin, at the expiration of not
more than thirty years, and to be known as " The Con-
solidated Debt of the United States." It is also provided
that these securities be exempted from taxation in any
form, either by State or municipal authorities. The bill
also provides for the conversion of 7.30's into 5.20's at the
option of the holder, and applies $30,000,000 a year to the
reduction of the debt.

THE PUBLIC DEBT.
The following is a statement of the public debt of the
United States on the Ist of May, 1866 :
DEBT BEARING COIN INTEREST.
5 per cent. bonds .....................
6 ......... 8198,241,100.00
6 „ of 1867-8 .................. 18,325,591.80
, of 1881 ..................... 283,744,150.00
677 ~• 5

$17176—--2
Total debt bearing coin interest
DEBT BEARING CURRENCY INTEREST.
'07,841.80
6 per cent. bonds . 4,634,000.00
Temporary loan 131,497,853.62
Certificates of indebtedness
1 and 2 year 5 per cent. notes 6,036,900.00
3 year compound interest notes 167,012,141.00
3 year 7-30 notes
------

Total debt bearing currency intere5t—51,188,313,544.62
Matured debt not presented for payment 8877,729.64

DEBT BEARING NO INTEREST.
U. S. notes 415,164,318.00
Fractional currency
Gold certificates of deposit

Total debt bearing no interest ......... $452,392,755.54

Total debt
.A.m't in Treas (coin) 576,676,407.02
" (currency) 61,310,621.80

Total amount in Treasury

137,987,028.82

Amount of debt, less cash in Treasury... $27---
IN 9 ,689'842.78
The above is a correct statement of the public debt, as
appears from the books and Treasurer's returns in the de-
partment on the Ist of May, 1866.
HUGH M'CuLLocH,
Secretary of the Treasury.
This statement shows a decrease for the month of
$117,025, and an increase of money in the treasury of over
$15,000,000. The Secretary of the Treasury considers the financial condition of the Government very easy, and has ordered the various assistant treasurers to discontinue re-
ceiving deposits upon temporary loan after- May 15. In

more than 5131,000,000 of the currency-interest debt, and
with the colony, and is said to be a very remark- ' the above exhibit of debt the temporary loans amount to
means
beingrest paidmken upon them
nt01:
the interest
niermagebehinolgdardsectorewinstehd,draanwdthotehmer,
able woman. She reads, writes, and speaks with
accuracy French, German, Italian, Spanish, and
English. She also excels in the art of painting.
they will to a great extent be drawn out of the treasury
She is young and handsome, and one of the most within a few months.
accomplished and sensible women of the age. The importations of dry goods at this port during the
Wherever she goes she is received with applause week ending May 4 compare as follows with those of the
and admiration. previous week:—
General Lewis Cass, at the last accounts, was
still alive, though his family were in daily expecta-
tion of his decease. The General is now in his
eighty-fourth year. He passes most of his
time in sleep, undisturbed. At rare intervals
he wakens up sufficiently to ask for some of his
old friends, who are sent for, but on arriving,
even within the hour, he is generally asleep again.
His disease is softening of the brain, from years of
mental labour in the service of his country. He
has all the care, attention, and nursing it is possible
to give. His family look upon him with the
greatest reverence and affection, and pray that his
last day on earth may be far distant. At times he
is able to converse quite freely and rationally with
his family, but this is the exception, not the rule.

1--May
Consumption. Pkgs. Value. Pkgs Value.
Manufactures of w 001... 708 $301,191 577 $245,833
Manufactures of cotton. 951 334,073 549 175,648
Manufactures of silk 223 224,335 175 189,569
Manufactures of flax 892 245,640 305 115,466
Miscellaneous ..2,260 139,322 491 105,082

Total 5,034 $1,244,561 2,097 $1,831,098
Withdrawals.
Manufactures of wool 759 $331,393 752 $320,518
Manufactures of cotton. 569 181,250 321 103,066
Manufactures of silk 138 146,345 158 170,488
Manufactures of flax 550 174,595 478 134,149
Miscellaneous 1,686 29,561 6,867 46,655

Total 3,702 $863,111 8,576 $772,876

Warehoused.
Manufactures of wool 605 $263,197 220 $95,906
Manufactures of cotton 374 122,743 84 29,065
Manufactures of silk ll6 127,790 72 61,711
Manufactures of flax 631. 134,682 63 21,464
Miscellaneous 756 13,913 10,696 49,020

Total 2,482 $662,32511,135 $257,166
Receipts and Disbursements at the Office of the Assistant
Treasurer of the United States, at Now York, for the
Month of April, 1866.
April 1, 1866, by balance
Receipts during the month—
Customs 511,093,212
Loans 7,873,121
Internal Revenue 465,196
Post Office Department
Transfers
Coin Notes
Patent Fees ... 3,391
Miscellaneous

------- 46,780,293
Total $120,674,618
Payments—
Treasury drafts 532,189,036
Post Office do.

32,594,063
Debit balance, April 30, 1866
Balance, Cr., disbursing accounts $10,289,404
Receipts during the month 13,811,144

24,100,549
Payments 14,668,130

Balance
Balance, Cr., interest accounts 51,850,662
Appropriations 175,418
2,226,081
Payments in coin
Payments in notes 175,010
362,241

Balance $11,663,839

The Philadelphia Ledger of to-day says :—" The banks
forming the Philadelphia Clearing House Association have
deposited with the United States Assistant Treasurer the
full amount of ten millions of dollars at four per cent., the
limit beyond which the assistant treasurer cannot receive
deposits from them under the special agreement of pay-
ment on demand. It is a singular fact that since the re-
duction of the rate of interest allowed on deposits, the
treasurer has received a greater amount of money in the
same time then ever before at higher rates.
The Union Pacific Railroad Company, Eastern Division
(Kansas), have executed a mortgage of their road from
Wyandotte to Fort Riley, including rolling stock, depots,
and all other property excepting the lands granted them
by act of Congresq, to J. Edgar Thompson, Philadelphia,
and Henry M. Alexander, New York, for $2,240,000, with
interest payable semi-annually in gold, at six per cent. per
annum. The Government stamps on this instrument
amount to $2,240.

(From L. P. Morton and Co.'s Circular, New York,
May 5, 1866.
_ _

There has been a temporary lull of the speculative acti-
vity in railroad shares, under which prices declined ; yes-
terday the market recovered tone, with a general improve-
ment in prices. Erie has been more active on specualtion,
ranging from 731 to 74k, and closing at 734. The specu-
lative activity in Illinois Central continues; the price has
fluctuated between 1181 to 122 k, and closed at 121 k.
State Stocks have been more active, especially Virginia
6's, which have ranged at 67 to 68, and closed at 68. Mis-
souri 6's closed at 74 ; Tennessee 6's, at 90 to 904 ; and
North Carolina 6's, at 83 to 84.
Gold has fluctuated between 1251 and 1294. The pre-
mium was affected but little by the maturing of over
twenty millions of coin interest on Five Twenties, a large
amount of sellers options having matured simultaneously
and Exchange having advanced. The price closed yester-
day at 127 k.
Foreign Exchange is about 1 per cent. above the closing
quotations of last week. Yesterday, prime Bankers Ster-
ling, 60 days, closed at 109 to 1091 ; Francs, long date,
5.161 to 5.15
Cotton has been dull, under the continued heaviness of
the Liverpool market, but prices have been well sus-
tained. Yesterday, Middling Uplands closed firm, at 31
to 35 cents.

foreign Imports at Now York (Gold Value).
General
Merchandise Dry goods. Total.
For week ending
April 27 ... ...54,322,749 ... 81,906,886 ... $6,229,635
Previously ... 50,202,291... 52,589,356 ... 102,791,647

Total since Jan. 1...554,525,040 $54,496,242 $109,021,282
For same period,
1865 ... ... 32,433,332 15,268,753 47,702,085
Foreign Exports from New York (Currency Value).
For Week ending May 1. Exclusive of Specie.
To Liverpool 52,014,355
~ London 274,114
„ Havre
„ Bremen 352,991
„ other Ports
Total
79.4gA

Previously

'9;46093

Since Jan. 1 584,173,526
From Jan. 1, 1865
„ „1, 1864 52,540,442

MOVEMENTS OF SPECIE AT NEW YORK.
IMPORTS.

From California, past week
Previously 10,585,927

Since January 1, 1866 $11,904,197
Sono priod 1865 7,471,294
EXPORTS.

For Week ending April 28 573,880
Previously 5,994,735

Since January 1
6,068,615
Same time 1865

The Palestine Exploration Fund.

TO THE EDITOR OF THE SLN.

SIR,—A further report has been received from
Capt. Wilson, in charge of the first expedition of
this Fund, dated Jerusalem, May 2, 1866, of which
the following is the substance.—l am, &c.,
G. GROVE, Hon. Sec.
Sydcnham, May 19.

Astronomical observations have been made at
Tibneh, Ras el Ain, Kefr Saba, Caesarea, Athlit,
Mukhalid, Bir Addis, Lydda, Ain Shems, Beit Jib-
rin, and Hebron. A reconnaissance sketch was
made of the route and a plan of the ruins of
Caesarea, and the course of Wady Surar was ex-
amined.

"Archaeology.—All the tombs we could find at
Tibneh were opened and visited. Many of the
loculi' contained great numbers of bones, and one
a perfect female skeleton, which, however, crumbled
to pieces directly it was touched. Detailed plans
were made. At Abud a fragment of a Greek in-
scription was found, and near the village a number
of rock-hewn tombs, in one of which the sides were
painted ; the porticoes were ornamented in a style
somewhat similar to that of the Tombs of Kings and
Judges at Jerusalem. A plan was made of a curious
old building near the village of Mezarah, and of the
castle and fountains at Ras el Ain. Kefr Saba has
been an old site, and near it we found portions of
the old Roman road. Kalansawa, Kakun, Burjel,
Atal, Arsuf, and other old ruins on the plain were
visited. At Caesarea were found portions of the
outer wall, the amphitheatre, a pool, and four aque-
ducts ; a plan was- made of the Crusaders' church.
At Tantura men were quarrying stone for the Jaffa
market ; they had opened a great portion of the
mound, but found no remains of a temple or other
pc building.dhphotogr At
aphs
of theiebro
iluanraNe inv
masonry,were ab lae
ntdo get
de-
tail drawings showing its character, which is iden-
tical with that of the Wailing Place masonry ; un-
fortunately, we arrived there the first day of Bairam
and were unable to avail ourselves of the permission
to enter the mosque which his Excellency Izzet
Pasha would otherwise have granted. A couple of
days were given to the exploration of the water sup-
ply beyond the Pcols of Solomons ; the low-level
aqueduct derived its supply from a fine fountain
in Wady Aroob, but the source of the high-levelone
could not be found, the depth and softness of the mud in
the long tunnel preventing all attempts to get through
it ; I hope to get some one here to undertake the explo-
ration next October, before the winter rains com-
mence. At Jerusalem itself two excavations have
been made, one in front of the gate Gennath (so-
called), the other in front of the Babel Burak of the
Haram ; the former is finished and shows the gate-
way
at tot ebre is o nf olcomparatively,
it modernisfctr
ds tereup, ibo
un
t,

the sill has not yet been reached. I have been able
to get down into the continuation of the passage
from this gateway, a portion of which forms the
present Mosque of El Burak. I have no plan with
me to lay my sketch down on, but after running
east for a short distance it turns sharp to the south
and ascends by a gentle incline. The masonry is
very fine, apparently Herodian ; the faces of the
arches have the same moulding as that in the Mosque
El Burak. A curious cistern near the Bab el Kat-
tanin has also been visited. Anderson returned yes-
terday, 2d, from Nablus, with a valuable addition
to our photographs. He was opposed, from the
moment of his arrival, in every possible way by the
Samaritans, who came down from the mountain
while the old roll was being photographed and tried
to make a disturbance. Fortunately, the negatives
and camera were preserved. Anderson's negotia-
tions were conducted with great skill and judgment ;
the Amram (priest) was his friend throughout, and
great assistance was kindly givetn. by Mr. Falscher,
the Protestant missionary at Nablus. A descent of
Jacob's Well was made, and a few additional exca-
vations on Mount Gerizim, showing the castle and
church to have been built on a rough masonry plat-
form.

"Photographs.—The following have been 'added
to the list :—View of large tree (Balutti) at Tibneh ;
two views of tombs at Tibneh ; ruins near Mazarah ;
three views of the ruins at Caesarea ; view of ruins
at Dor ; two views of ruins at Athlit ; six views in
and around Hebron (three of Haram masonry) ; two
views of Beit Jibrin ; Samaritan camp on Mount
Gerizim ; view showing conical hill north
of Gerizim ; view of masonry platform (so called 12
stones) ; place of sacrifice on Gerizim, with wood
and kettles prepared ; Samaritan inscription in
tower (S.W. end of town) ; view in gardens at
Nablus (for specimens of trees) ; two views (pano-
rama) of Ebal and Gerizim from Jacob's Well ; two
views of old silver case, containing Pentateuch ; one
photograph of interior of old roll ; two photographs
of an old Pentateuch (the book wrapped in shawls,
and mentioned in your note), one photograph is of
the portion with the name of the scribe, the other
of the Ten Commandments.

" Geology.—The only peculiarity noticed has
been the formation of the plain north of Jaffa, which
is traversed in a north and south direction by low
hills of tertiary sandstone ; these retain the water
draining down from the mountain country between
them, making large marshes unfit for cultivation,
and causing in great measure the unhealthiness of
the district. We found, however, that formerly
there had been a perfect system of drainage, the
water being carried to the sea through open cuttings
and tunnels in the sandstone hills ; these are now
chocked up with rubbish and rank vegetation.
" Corporal Phillips, R.E., will leave for England,
with the instruments, photograph negatives, &c., on
the 14th of this month, taking the first Peninsular

and Oriental steamer for Southampton after his
arrival at Alexandria.

" Anderson and I intended returning via Naples
and Rome, arriving in London on the morning of
June 10. I need hardly mention to you the assist-
ance which Mr. Moore, our Consul, has given us ;
his kindness to travellers is too well known to re-
quire any remarks of mine. His Excellency Izzet
Pasha, the Governor of Jerusalem, has been most
obliging in granting every facility for excavations,
&c., in his district.—Very sincerely yours,
" C. W. WILSON, Captain Royal Engineers."