The Sun.
London, England, 1866-04-14 00:00:00

CINCINNATI MARKETS.

CINCINNATI, March 29.—Flour and wheat aro un-
changed. Whisky is dull at $2.23 to 2.24. Mess Pork is
in good demand at $25 to 25.50. Lard 18 cts.

PITTSBURG PETROLEUM MARKET.

PITTSBURG, March 2G.—The heavy losses by the freshets
of last year and the consequent stoppage of a large num-
ber of wells seriously affected the receipts, and did as
much, if not more, to swell the above increase at this
season, than the increased developments in the oil regions.
The great fire of last week on Bonnehoff Run is said to
have destroyed over 20,000 barrels of oil. The produc-
tion of a number of large wells is also cut off by the de-
vouring element.
Crude—We have the following sales reported : 2,000
bbls to be delivered between the 15th of April and 10th of
May, at 13c; 1,400 in bulk, ou the Spot, at 171 c; 400 bbls
included, at 171-c on the spot. 4,000 in lots, to arrive, at
13c; 2;000 to be delivered in the latter part of April at
13c, and 100 on the spot, at 12ic. Total number of bbls
reported sold, ten thousand six hundred.
Refined—The decline in gold appears to have had a
rather unfavourable effect on the market for bonded oil in
the
iS,
AV of course, had a tendency to re-
strict operations
o are told that several large
t y, and
h e
rte h.
orders, both for immediate and future delivery in Phila-
delphia, were withdrawn during the day. We quote no-
minally at 37c to 37ic for immediate delivery in Philadel-
phia, 40c for May, 41c for Juno, and 42c to 421 c for July.
It is but proper to remark that our refiners at the present
time aro very indifferent about sell,ng at the above quo-
ive are assured, are the best offers that
can be obtained. No movement wlratover in free Oil.

Flour is steady—sales 7,000 bbls at unchanged rates ;
sales 300 bbls Southern at yesterdays prices. Wheat is
quiet—sales 7,000 bush. No. 1 Milwaukie at $1.65, winter
red $1.90. Corn generally closed with an advancing ten-
dency—sales 34,000 bushels at 701 to 77 cts. Pork closed
buoyant. Mess $26.25. Lard active at 401 to 19 cts.
Whisky steady at $2.27. Sugar steady. Coffee dull.
Naval stores dull.
HOPS have been in moderate demand and steady, in-
cluding last year's crop at 25c. to 65c., and two years' old
at 12c. to 45c. per lb.
PETROLEUM is in better request at 26c. to 27c. for crude;
40e. to 420. for refined in bond, and 59c. to 61c. for do. free
per gallon.

The following is the Loan Bill as it passed the House on
the 23d:—

Be it enacted, &c., That the act entitled "An Act to
Provide Ways and Means to Support the Government,"
approved March 3, 1865, shall be extended and construed
to authorise the Secretary of the Treasury, at his discre-
tion, to receive any Treasury notes or other obligations
issued under any act of Congress, whether bearing interest
or not, in exchange for any description of bonds autho-
rised by the act to which this is an amendment, and also
to dispose of any description of bonds authorised by
said act, either in the United States or elsewhere, to such
an amendment, in such manner and at such rate as he
may think advisable, for lawful money of the United
States, or for any Treasury notes, certificates of indebted-
ness, or certificates of deposit or other representatives of
value, which have been or which may be issued under any
act of Congress, the proceeds thereof to be used only for
retiring Treasury notes or other obligations issued under
any act of Congress ; but nothing herein contained shall be
construed to authorise any increase of the public debt :
Provided, That of United States notes not more than
$10,000,000 may be retired and cancelled within six
months from the passage of this act, and thereafter not
more than $4,000,000 in any one month ; and provided
further, that the act to which this is an amendment shall
continue in full force in all provisions except as modified
by this act.
SEc. 2. That the Secretary of the Treasury shall report
to Congress at the commencement of the next session the
amount of exchanges made or money borrowed under this
act, and of whom, and on what terms, and also the amount
and character of indebtedness retired under this act, and
the act to which this is an amendment, with a detailed
statement of the expense of making such loans and ex-
changes.

THE NATIONAL INCOME—ITS STEADY AND
UNPARALLELED INCREASE.
Tho income of the National Treasury from customs'
duties at the port of New York, thus far this week, has
I averaged $626,070 a clst y, we follower,—Monday, $060,830
Tuesday, $446,271; Wednesday, $463,000; making the
total for the month of February $12,018,659, against only
$4,823,214 same month last year This shows an increase
in the month just closed of $7,195,445. The aggregate
income from this source through the single port of New
York thus far in the current fiscal year, commencing with
July 1, 1865, is $90,205,621, or a monthly average of
$11,275,703, equal to the enormous annual amount of
$135,308,436, which would leave less than forty-six mil-
lions to be made up by outposts in order to realise our esti-
mate of $180,000,000, as the aggregate of the year's reve-
nue from customs duties exclusively.
The revenue is especially pledged to meet the annual
coin-interest charged on the national debt, which at the
date of the latest official exhibit (December, 1865) stood
at $68,032,275. The disbursements on the coin-interest
account through the United States Sub-Treasury, in this
city, since the Ist of July, 1865, have been only $29,277,534,.
or less than a third of the customs receipts of the office,
which now holds a cash balance (in coin and currency)
to the credit of the Government, of $106,128,646, against
$82,551,643 on the Ist of February. The receipts of the
office, from all sources, in the past month were
$145,500,000.
Government has also received two hundred and twenty
million dollars from internal revenue in the past thirty-
three weeks of the current fiscal year, or equal to a weekly
average of over six million and six hundred thousand
dollars, which will give a yearly aggregate of nearly three
hundred and forty-four million dollars.
Added to the probable customs revenue in coin, on the
basis of the ruling prices of gold, this would make the
national income from both sources mentioned above, for
the whole year, equal to five hundred and ninety million
dollars in lawful money, or eighteen million dollars in ex-
cess of the calculation in our paper of the 17th ult. Add
again to this the anticipated revenue from sales of public
lands and other miscellaneous sources, and we may fairly
assume that the grand income of the National Treasury
for the year ending on the 30th of Juno next will
approximate six hundred and fifty million dollars in cur-
rency.
It would seem obvious from these faets that Secretary
M'Culloch can experience no insurmountable difficulty in
his efforts to make adequate provision for all the recog-
nised obligations of the Government on or before maturity,
as well as to resolutely inaugurate the policy of reducing
the indebtedness and strengthening the credit of the nation,
which object he steadily aims to accomplish by every legi-
timate means subject to his wise and patriotic control.
New York Times, March 27.
SAN FRANCISCO, March 27.—Mining stocks are weak ;
Ophir, $760 ; Alpha, $430 ; Imperial, $126 ; Savage,
$1,060 ; Bullion, $115; Yellow Jacket, $BO5 ; Hale and
Norcross, $950 ; Belcher, $305 ; Chollar Potosi, $416 ;
Empire Mill, $215 ; legal tenders, 801.

SALES AT THE STOCK EXCHANGE—MARcit 29,
$B,OOO U.S, 6s, '6B C
5,000 U.S. 6s, 'Bl C
175,000 U.S. 6s, 5-265. C. '62 lO4
20,000 U.S. Cs, 5-20 s. C, '64 .. lO4
60,000 U.S. 6s, 5-20 s. C. '65 lO4
25,000 U.S. ss, 10-40 s. C 92
1,000 Tr. Notes,? 3-10 s, First Ser, S'll 1001,-
2,700 do Small 1001
5,000 do
5,500 do. 2d S. Small 1001
5,000 do
8,000 do. 2d call 1001
_ __

2;000 do. 3d S Small 100

12,000 do. Small 100 k
100,000 do.
3,000 do. lOO
9

15,000 U.S. 65,1 Yr. Cur., New issue -1
17:0000003
N. 0 Tenn. 6s, 110 671
4,000 Virgdo inia 6s
Car. 6s ........ 84
8368 i
4,000 do
5,000 do .... ..................
3,000 d 0... ...... .., • ............... 85
3,000 Cal. 7s ... .. .. ................ . ..... 108
4,000 0. and M. br....
10,000 do. ...................... 2d call 25
1,000 Erie 4th. .M.. . ._. ................. .... 36
2,500 Hod. Riv. Isl M. ............... . • 100
6,000 Ohio and Miss. Ist ................. -.80
10 Gallatin Nat. Bank
5 Shoe and Leather Bank
25 Corn Exchange Bank.
15 Metropolitan Bank
10 Park Bank l2oi
100 Canton Co. 155
80 Del. and liud. Co 133
471
100 Cum. Coal P
431

100 do
500 West. U. Telegraph .........
200 do
100 do 3
24 call 59
100 A shb'n Coal
500 Quick. Min. Co. .
200 Mariposa Pref. ....
300 do
200 N. Y. Central
100 ' do.
s3O 9%-
100 do.
400 do.
91
800 do. s3o 91
800 do. s3o 911
100 do.
-PO Cl 9. ...►. 2d Cal 81

41
18i

20 Erie R. eta • 3
200 Thud. R. R......
1071
200 Reading R.
GOO do.
'and Pitts. ''''''''''''''''''''''''''' 100 I;
1400 do.
1100 do.
200 do.
100 Mich. S. & N. I. 2d call 100-1
2300 do. .. Bqa
,;.:-Iti.
100 do. '''''
50 Mich. COD. ii, ....
200200 Cleve.
500 do.
2QO do.
200 do.
400 Chi. and N. W ................
100 Chic. and N. W. PI ,
300 do.
-••• o ._
100 do.
100 Chi. and R. L
20 do.
49 New Jersey Cen.
1000 Pitts., F. W. and C.

........................... 78i
............................. 78i
................ 2d call 78i
, ........
26
..................

ONE O'CLOCK BOARD.
$5,500 T. Notes, 7 3-10; 21 Series 1001-
100 West. Union T .
100 At. Mail St. Co
300 N. Y. Cen.
200 do.
700 Reading R.
400 Erie Railroad
1,000 do.
100 do. 774
200 do.- 77k
100 Mich. Con. R. - lolf
100 Mich. S. and N. I. sal 791
800 do.
800 do.
500 Cleve. and Pitts sl5 78-'-
400 Chic. and N. W.
800 Chi. and N. W.. P. ' 55,
300 do.
200 P., F. W. and C. slO 92,1
100 Chic. and R. Is. .. ll5l

132
91+
911
109+
77+

'From Neill Brothers' Cotton
_Circular, New Orleans,

March 27.)
The total quantity of cotton known to have been re-
cg-vP6dlt'all'ports-frora this of the war to the date .
the latest mail amounts to 1,988,000 bales.
Past Week.
Receipts 45,000
Exports to Great Britain
Exports to France
Fxports to other foreign ports

Since tat dept.
1,5? L,OOO
765,000
116,000
41,000

Total foreign exports 47,000 922,000,
The stock on hand at the shipping ports (exclusive of
Boston, Philadelphia, and Baltimore) amounts to 596 000
bales.

COTTON.—Cotton is declining, sales to-day 1,000 bales
at 41 cis.

MOVEMENTS IN COTTON AT THIS PORT.
Receipts thus far this week, bales.....
Receipts since March 1, bales ... . ******************
Receipts since Jan. 1, 1866, ************************ 6,503
57, 964
Receipts since Sept. 1, 1865, bales ***************** Z. 26,956
Exports from Sept. 1 to March 27, bales .......,,337,1 6
COTTON CROP IN LOUSISIANA.—(Prom tho Macon (Gal
Journal, March 21.) —Letters from Louisiana say that tho
planters of that state are devoting almost their entire at-
tention to the raising of cotton, and that all things now
look promising.
THE CROP OP 1865 MUCH LARGER THAN WAS GENE-
RALLY SUPPOSED.—{From the New York Mercantile
Journal.)—The quantities of cotton already brought foi..
ward for shipment at the Southern seaboard, prove very
conclusively that either the crop of 1865 was much
larger than had been generally supposed, or that the
accumulations hidden away iu the recesses of the
South unpenetrated by Northern troops were vastly
greater than formerly reported. The total accessible,
already partly received, and partly yet to be delivered,
will run up to nearly two million bales for 18653 and not-
withstanding all rumourod drawbacks the pressnt year
holds out very cheering prospects. Some persons are
sanguine that a crop of 3,500,000 bales, if not more, will be
attained for 1866.
NEARLY FOUR MILLION BALES TO BE RAISED THIS YEAR.

—A correspondent of the Cincinnati Commercial who has
been travelling in the South, makes the following estimate
of the cotton crop for the present year:—
The crop of 1860 was 5,344,166 bales of ginned
cotton. In attempting an estimate of the crop of 1866
I shall set it down at two-thirds of that of 1860, in all
the States except Texas, Alabama, and Mississippi. In
Texas and Alabama, I believe, the crop will be a full one,
for they were the two groat centres of the Confederacy,
into which were crowded thousands of negroes, many of
whom still remain, while they wore very little disturbed
by our armies. In Texas there are 100,000 negroes more
than in 1860, and in Alabama probably 50,000. Missis-
sippi remained comparatively quiet also, but lost many
negroes. Her crop will not exceed throe-fourths. In
Virginia it will be about one-half. Here, then, is the
guess by States:—

Alabama.
Arkansas
Florida

6; 000