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

MISCELLANEOUS 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 TILE SOUTH.—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 States Quartermaster-General has
records of the burial of over two hundred thousand
Union soldiers, and recommends an appropriation
of one million dollars to place those whose bodies
are scattered in cemeteries, where they will be safe
from desecration. General Thomas has issued an
order to forbid ploughing or flisturbing the graves
of soldiers at Atlanta.

There were only six persons in mer,„hi. (Ten-
nessee) in 1861 who voted against secession. Now
are not less than six hundred person; I%l°w
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-
* 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 COLOXY. Th
numbers now among its member: Gees. Early,Hind-
man, Wilcox, Slaughter, colony of
ofCordova
ardem
Broadwell, Flournoy, Gray, and B°llldin
- Colonels
,
Snead of Texas, Terry, Chiles, and ; Judge
Porter G
Magruder is at Cordova. Settled also 114: en.
dova are Gens. Price and Shelby, Goy-1 Gen.
-
Judge Perkins, Dr. Tisdale, and a great manyar
Harris,
others, who are engaged in farming. Judge
Shattock, of Mississippi, and 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 popular

with the colony, and is said to be a very remark-'
able woman. She reads, writes,
and speaks with
accuracy French, German, Italian, Spanish, and
English. She also excels in the art of painting.
She is young and handsome, and one of the most
accomplished and sensible women of the age.
Wherever she goes she is received with applause
and admiration.
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' abour 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.

C OMMER C LIL INTELLIGENCE.
Money abundant. Gold 1291. Exchange on
London, 142 ; on Paris, 4.01. Stocks quiet. New
York Centrals, 94 ; Illinois, 1211; Erie, 73i;
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 A.l'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 452,392,755 54

Total 52,827,676,871 60
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

,ncreased faith in current values.

The Money Market was easy at 5 per cent. to tho Stock
Exchanges, with exceptions at 4 per cent. on Government
and 41 on railway securities. Discount easy. First-class
paper 51 to 6 per cent. for 60 days. Gold opened at 121,,Z,
and closed at 1271- Foreign exchange opened at 109
ol bank bills on England at 60 days, and closed at 1091
to I; and for short sight, at 1101- to 1101. Commercial
bills were quoted at 1081 to 109. Money, stocks, and
paroletim were generally active. The following were the
latest quotations :

United States Gs, 5-20's '62, 102} ; U.S. 6s, 81 cp., 1081
to 1081 ; ditto second call, 109 ; U.S. Os, 1881 rg., 109 ;
Hudson River, 1101 ; Erie, 731 to 731 ; 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,
281 to 281 ; North-Western preferred, 601; Fort Wayne,
991; Ohio and Mississippi certificates, 251 to 26/ ; Canton,
581 bid ; Cumberland, 45 to 151; Mariposa preferred, 251
to 261,
The principal feature of the week 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. Tho 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 au 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 York 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 ...... . ... . ................... $198,241,100.00
6 6 ++„ of 1867-8 .................. 18,325,591.80
~
7, „ of 1881 ..................... 283,744,150.00
672 „ 5.20 bonds ..................... 685,784,000.00

Total debt beating coin interest 1,186,092,841.80
DEBT BEARING CURRENCY INTEREST.
6 per cent. bonds
634,000.00
Temporary loan 131,4,497,853.62
Certificates of indebtedness
1 and 2 year 5 per cent. notes 6,036,900.00
167,012,141.00
816,512,650.00
33
3,y,eeaarr
7c-o3mopnooutneds interest notes

544.62 Total debt bearing currency interest...Sl,lBB,3l3,
Matured debt not presented for payment 6877,729.64

DEBT BEARING NO INTEREST.

U. S. notes
Fractional currency
Gold certificates of deposit

Total debt bearing no interest

Total debt 52,827,676,871.60

Anil in Treas (coin) 576,676,407.02
(currency) 61,310,621.80

137,987, 028.82
'otal amount in Treasury

Amount of debt, less cash in Treasury...
527689,
8
The above is a correct statement of the public debt, as
appears from the books and Treasurer's returns in the
de-
partment en the Ist of May, 1866. 689,842. i

Hucrn M'CuLLocn,
This statement sho Secretary of the Treasury.
ws 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

the above exhibit of debt the temporary loans amount to
more than 8131,000,000 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 importations of dry goods at this port during the
week ending May 4 compare as follows with those of the
previous week :

,--May 4-,
Consumption. Pkgs. Value. Pkgs Value.
Manufactures of w 001... 708 $301,191 577 $245,333
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 $863,144 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
49,C)20

Total 9,482 $GC2,325 11,13.5, $257,166
Receipts and Disbursements at the Office of the Assistant
Treasurer of the United States, at I‘l;evy York, for the
Month of April, 1866.
April 1, 1866, by balance ........................ 873,894,325
Receipts during the month—
Customs 511,093,212
Loans 7,873,121
Internal Revenue 465,196
Post Office Department 171,927
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

Plyments 24,100,549
14,668,130

Balance
Balance, Cr., interest accounts 51,850,662
Appropriationsl7s,4lB

Payments in coin 5187,231
Payments in notes 175,010

2,226,081

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, includin; rolling stock, depots,
and all other property excepting the lands granted them
by act of Congres., to J. Edgar Thompson, Philadelphia,
and Henry M. Alexander, New York, for $2,240,000, with
interestwpayable semi-annually in gold, at six per cent. per
annum. The Government stamps on this instrument
amount to $2,240.

(Front L. P. Morton and Co.'s Circular, New York,

11Iay 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 7.11, and closing at 731. The specu-
lative activity in Illinois Central continues; the price has
fluctuated between 1181 to 1224, and closed at 1211.
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 901; and
North Carolina 6's, at 831 to 84.

Gold has fluctuated between 125 i and 1291. 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 1271.

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 New York (Gold Value).
General
blerehandiso Dry goods.
For week ending
April 27 ... ...51,322,749 81,906,886 ...
Previously ...50,202,201... 52,589,356 ... 102,791,617

Total.

Total since Jan. 1...531,525,010 $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 .• W14068,6433 Previously
Since Jan. 1
__ $4,173,526

From Jan. 1, 1865 -62,125,002
„ „ 1, 1864 52,540,442

MOVEMENTS OF SPECIE AT NEW YORK.
IMPORTS.
From California past week
Previously

Since January 1, 1866 511,904,197
Same period 1865 7,471,294
EXPORTS.
For Week ending April 28 573,880
Previously 5,994,735

Sinc© January 1
Same time 1865
5,492,716