The Sun.
London, England, 1866-09-22 00:00:00

MISCELLANEOUS NEWS.

The State election in Vermont was carried by
the Republican party, as well as the State of Maine
and the City of San Francisco. The people are
thus replying to the President's electioneering tour.
We trust they will speak decisively either one way
or the other—so clearly and distinctly that the con-
tending parties must bow to the decision. America
cannot afford to have her time wasted and her pro-
spects darkened by this fierce party strife. It is
impossible for us in England to appreciate the full
weight and bearing of the questions—but the Ame-
rican people do. We hope soon to hear them speak
out-and enforce moderate measures. General Butler
has been nominated for Congress in Massachusetts.
The Democrats have carried the territory of Idaho,
and nominated George H. Pendleton for Congress
in Cincinnati.

The Philadelphia correspondent of the Times
calls attention to the fact that the Rev. Henry Ward
Beecher, though such an uncompromising supporter
of the war, is now foremost amongst the President's
friends in advocating a conciliatory policy towards
the South. He has recently written a letter advo-
cating the admission of the Southern members to
Congress, and the complete restoration of the
Southern States. llenry Ward Beecher's reputa-
tion (the Times' correspondent proceeds) as an emi-
nent clergyman is as well known abroad as at home,
and he champions the President now with as much
zeal and fervour as he fought slavery in the past.
He embraces the new cause, too, in spite of the
frowns of a large portion of the members of Ply-
mouth Church, who threaten to "secede" if he does
not renounce such heretical doctrines. Beecher,
however, can be as stubborn as any of them, and,
feeling that he is right in his choice of political prin-
ciple, will bid them God speed in their " secession."
The Convention of Southern Loyalists have orga-
nised a party to proceed in the footsteps of the
President, with the object of neutralising the effect
produced by his tour. Preparations have been
made in several of the towns for the reception of the
delegates.

COMMERCIAL INTELLIGENCE.

NEW YORK, Sept. 8.

Gold is lower, closing yesterday at 146. There is not a
disposition to speculate for an advance, for the feeling is
general that the imp'rts of specio will be considerable.

Government stocks aro all lower. In State Bonds little
is doing, except in Tennessee, at prices which make them
a good investment. Railway Bonds dull, but Bank Shares
are in demand at full prices, and in Miscellaneous Shares
there is a moderate business. There is much irregularity
in the Railway Share Market. The traffic on the New
York Central is very great, more business offering than the
accommodation can supply the means of transit for. The
Tribune of yesterday says that Reading is less active. There
are a good many shortcontracts in this stock, based upon the
anomalous condition of the coal trade, and prices are mainly
supported by purchases from thebears. Michigan Southern
was steady, and Rock Island higher. After the call the
market was steady, and upon the active shares higher.
Chicago and Great Eastern sold at 451 to 451. At the
second board the market was strong, and the loading
shares were in demand. The market closed firm at quota-
tions :—New York Central, 1031 to 1034 ; Erie, 701 to 701 ;
Hudson River, 120 to 121 ; Reading, 114 to 1141; Michi-
gan Central, 111; Michigan Southern, 831 to 831; Illinois
Central, 122 to 1224 ; Cleveland and Pittsburg, 864 to 861;
Cleveland and Toledo, 114 to 11417 Rock Island, 109 to
1094; North Western, 354 to 351; do. Preferred, 661 to
661; Fort Wayne, 104 to 1044.
The tunnage of the Reading Railroad is 77,000 tuns for
the week, a decline of 27,000 tuns.
In money no change. Call loans are quoted at 4to 5
per cent. In commercial bills sales are made at 5 per cent.
for best, 51 to 6 per cent. for good, and 7 per cent. for fair
credit'. There is a continued good demand for currency
from the interior, and no pressure of National Bank notes
upon the street.

Sterling exchange is quoted at 106 for strong bills at GO
days, with sales reported at 1054. At present rates gold
pays a handsome profit to import, and quite considerable
sums may be expected during the current month. The
following are the current rates :—London, prime bankers',
60 days, 1054 to 1064 ; London, prime bankers', sight, 1064
to 1071 ; London, prime commercial, 1044 to 103 ; Paris,
bankers', long, 5.371 to 5.334 ; Paris, bankers', short, 5.33
to 5.30 ; Antwerp, 5.40 to 5.33 ; Swiss, 5.40 to 5.35 ; Ham
burg, 354 ; Amsterdam, 40 to 401; Frankfort, 394 to 40
Bremen, 77} to 77f ; Berlin, 70 to 70f.
The receipts of the Sub-Treasury were :—Receipts,
$1,711,065 32—for Customs, $601,000 ; payments,
$1,354,934 50; balance, $83,996,776 59. Gold notes
$140,000.

(From L. P. Morton and Co's. Circular.)

NEW Your., Sept. 8.
Per steamer "New York."—We have still to report a
continuance of extreme ease in monetary affairs. The
recent largo disbursements of the Treasury, in redemption
of the Temporary Loan, have augmented the supply of
capital seeking employment, and the general rate on De-
mand Loans is 4 per cent., and on discounts of prime paper
5 to 5i per cent.

The Statement of the Public Debt, for September let,
1866, shows a reduction of $37,416,108 during last month,
and a decrease of $161,570,107 as compared with August
Ist, 1865. Owing, however, to the decline in Gold, and
an enlarged supply of bonds from the interior, drawn out
by high prices, United States Securities have not improved
in sympathy with this favourable exhibit of the public
finances. Five-Twenties of 1882 have declined during
the week from 112 k to 111, and close at 111 f. Other
National Securities are similarly lower.
The general stock market has been lower, under specu-
lative efforts to depress prices ; but at the close of the week
there is more disposition to buy, and prices are generally
firmer. Erie has declined, under speculative pressure, to
691, but subsequently recovered and closed at 701. Illinois
Central has yielded, in sympathy with the general tone of
the market, to 122, but closes firm at 1221.
State Stocks have been generally firmer, especially
Tennessee 6's and Missouri 6's. The following are the
closing quotations—Tennessee 6's, 1890, 92 to I ; North
Carolina 6's, 83 to a ; Virginia 6's, 70 ; Missouri 6's, 77}
to 79.

The tendency of the Gold premium has been downward,
apparently in consequence of the export of Gold from
England and France to the United States, and perhaps
more from the disbursement of the September interest on
Ten-Forty Bonds. The premium has ranged between
147 and 144 and closes at 146 i.
Foreign exchange has exhibited more activity, but
without any appreciation of rates, the supply of bills
being etill much in excess of the demand. The closing
rates are for bankers' 60 days Sterling 105; to 106 ;
Bankers' sight do. 1061 to 107 ; Francs 60 days, Bankers',
5.38 i to 5.331, do. short sight, 5.35 to 5.311.
Cotton has been more in demand from home spinners,
and the market has been steady. The movement for ex-
port has been limited. Mid. Uplands closes at 3211 to 33
Sept. 4th, amount to 6,000 bales, and
cents. Tho receipts of cotton to all the ports, reported for
period, to 10,000 bales.
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