Page 6 of Jul 9 1868 Issue of Cincinnati Commercial in Cincinnati, Ohio

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Cincinnati Commercial (Newspaper) - July 9, 1868, Cincinnati, OhioFiche Cincinnati commercial thursday july 9, 1868 a i Are cos my by a �3 monetary and commercial. Wednesday evening july. Gold closed at a slight decline in new York it a yesterdays figures. Dealers Here have kept 0c Premium As the ruling buying rate though there were some purchases above it. The re-3eipt8 were fair and the demand a Little above that of the past few Days. Exchange continues in larger demand to Day and As the Supply did not increase dealers Felt themselves justified in advancing rates to Par buying l-20e Premium Selling for now % Ork checks. Quotations. By veg. A Belling. A 1-20 Dis. Boston.1-20 Dis. Par. Phila�?Tia.1-20 Dis. Par. Baltimore. 1-10 dig. Re a a a Silver.29#82c Prem. 90330 Prem. Gold.40cprom. 40&c Prem. The easier tendency of the Money Market is continued checking both locally and by outside correspondents being lighter and the offerings of paper on a reduced scale. Rates of interest Are quoted As they have lately been Given yet Good borrowers Are Able to make negotiations on better terms. This condition of things would of course Liao been brought about in the natural course of business sooner had it not been for the preparation for Quarter Day of the National Banks. It is probable that these periods for righting up matter by tween the Banks and the business Community Liao some conservative influence for Good but it would be much better if that influence wore continually exercised by a provision in he National banking Law which would make the Banks amenable to a Call for a report on any Day of the past and not for set times in the future for which they May labor to prepare for a week or ten Days. Government securities looked up a Little in new York quotations to Day. The offerings of them Here do not amount to much yet they Are la excess of the demand. Tho demand was however larger to Day than for several Days past. Cl08ing quotations of government securities in the new York Market. Munu mum Muu a re Jrae a hrs Jay Ltd yet yet so a a a a imps.117% 113 il5% 113% 113% 1 2% il3k 5-20�?Ts, 1st Issue. 113 112% 113 113 113 112% 113% 6-20�?Ts. 2d Issue. .110% 110% 110% 110% 110% 110 110% 5-20�?Ts, 3d Issue 111% 110% 111% 111% ill 110% 111% i-20�?Ta, Itsuo. 113% 109b 108% 103% 103% 108 107% 5-20�?Ts,of 1367113% 109% 108% 109 108% 108 108% . 10-40�?Ts107% 107 107 107 106% 107 107%. 7-30�?Ts, 2d series. 109% 109% 108% 108% 108% 108% 108% 7-30-8.3d series109% 109% 108% 108% 108% 108% 108% the Market is bettor in some instances with More of t demand. Sterling Exchange steady and unchanged. Money continues unchanged. The new York Stock Market had an easier tone to Day. Business Here was less Active than it has lately been though it is still fair. Closing quotations of the new York Stock Board. A u be to v b w b Ltd a us yet a tvs a u3 men s.4 k.�5 n t. Central.134% 134% 134% 134% 135 134% 134% brie. 69 69% 70 70 % 70% 69% 60% Hudson River.140% 140 140 % 1 a 139% 139 138 beading.105% 101%101 log 106 106 % 96% Mich. Central.107% 108% 107 l07% 107% 107 116 a Mich. Southern. 91% 92 91% 91% 91% 91% 91% Illinois Central. 157% 157 156% 157% 158% 158% 157% Cleved and Pitts. 89 88% 87% b7% 87% 87% 87 Chicago . 71% 71% 74% 75% 78% 78 78 . It n. W. Pad. 77% 79% 79 79 % 82% 81% 81% Cleved a toledo103% 103% 103% 103% 103% 102% 102% Rock island103% 105% 108% �05% 106% 106% 107% p., it. W. A Chi. 111% 110 109% 109% 109 107% 105% fit. Paul.65% 66% 65 64% �6% 66 �6% 8t. Paul pref 78% 78% 78% 78% 78% 79 78% o. It m. Cert 29% 30 30 30 30 % 29% 29% Canton. 49% 49% 49 49 43% 43% 43% . Tel. Co 34% 34% -34% 34% 34% 34% 34% Pacific mail 100% 100% 101% 100% 97% 97% 98% Atlantic mail 30%32% 30% 29 29 29 30 Adams. 54 53% 53 53 53 53% 53% United states 47 49% 49 47% 47% 47 % 47% Wells Fargo 26% 26 24% 24% 25% 25% 25 american .45% 47% 47% 47% 46% 45% 45% merchants Una a. 25% 25% 24% 25 25 25 25 gold140% 140% 140% 140% 140% 140% 140% re. Dividend. Asked. 101 regular�?105% Cash. Market steady. The 3 30 dispatch to 8. B. Keys Ltd ., and the 4 30 report to l. A. Green it ., were As follows july 6. July 7. J 3 30. 4 30. 3 30. 4 30. New York Central.134%134% 134% brie. C9?i69% 70 Hudson River. 139 Reading. 96%94% 95 Michigan southern91%91% 91% Cleveland and Pittsburg. 87%87 87% Bock Island.107%109% 109% Northwestern. 7878% 78% Northwestern preferred. 81%81% 81% fort wayne.107106% 186% Western Union Telegraph. 140%34 Adams. 53%53% 53% merchants Union. 24%25gold.140%10% 140% business in local stocks does not amount to amuck. Messes. Kirk amp Cheever report prices As follows Bonds. Bid. Ask. Bid. Ask. Municipal 6 per .85 86 c., h. A t .3dm.8s 98 100 do. Hoap.7-30bds.10l 102 m.7s 83 85 l. M. K. R., 1st m85 86 i. ,r.r.,lstm.7s. 85 86 . 6s 77 78 A ind. 1st m.7s. 86 87 c.,h.ad2dm. 7s 89 90 Hamilton co89 90 6s.1881. .100 102 cent. Ohio 1st m.�6 87 .a d.,lstm.7s. 90 92 c., i. A Lafayette 70 74 and Sharks. Little Miami r. R.88 89 o. And m. Cert. 28% 29% a. I a K 79 80 . Pref. 75 77 and. And Ciu. B. .52 53 m. U. Express. 24 25 And m.15 20 Adams express. 52 53 col. And Xenia 87 88 w. U. Telegraph 33 34 m. And c.,. Stock.28 30 lit. Miami scrip 85 86 the leading items in the reports of the thirteen National Banks in Chicago last monday and on the 1st of april were As follows july 1, 18g8. April 1,1868. Aggregate loans.113,039,517 $13,193,760 Legal tenders and Cert s. 2,495,478deposit. 18,252,081government deposits. 894,806circulation, 4,150,636 4,069,250 capital Stock. 5,450,000 5,450,000 of surplus. 1,336,722 1,083,722 the new York Herald Makoe tic following statement As to the relations of the Union Pacific Railroad and the cry Dit Mobilizer a Tho suit commenced in the supreme court of this District on Friday last against the Union Pacific railway company Aud the cry Dit Mobilizer attracts great attention Aud important disclosures Are expected to result from the trial of the Case. It is contended with a Good show of reason that the cry Dit Mobilizer has no claim to the profits of the work of constructing the Union Pacific railway which have Beon enormous. In the first place the government gave the company Bonds enough to pay for building the Road and accepted a second mortgage on the Road therefor and the company was authorized to Issue its own first mortgage Bonds to an equal amount. The amount of Bonds issued to the company by the government varies from $16,000 to $48,000 per mile and in addition it has a Grant of 12,500 acres of land per mile. The profits arising from this valuable subsidy should have Goue to the stockholders of the. I Nion Pacific company instead of which they have been wholly diverted to the cry Dit Mobilizer which is a a a ring composed of directors of the Union Pacific con Pauyo a corporation within a corporation. The acts of Congress authorizing the Laud Grants and subsidies to the Union Pacific company make it incumbent upon that corporation to build the Road whereas the Road is actually being built by the cry Dit Mobilizer thus violating the spirit if not the letter of these acts As Well As entirely ignoring the rights of the original stockholders of the. Union Pae Ilic company. The whole ease As Well As the Manuer of building the Road is a matter which Calls for congressional inquiry As Well As judicial Trade in general merchandise is limited to a few orders for goods in sorting up stocks but nothing is doing in a Large Way. A better local jobbing Trade in flour was experienced to Day but not much was done in a Large Way. Quotations Are without change. The demand is confined almost wholly to fresh Stock. Wheat was lower old no. 1 red Winter having been offered at ii 95. Buyers do not want it at better than $1 90, and not much could be sold at that. No. 2 will not snug More than $1 85. There were Small sales of new at $2 03 for a Good article of Hill and White mixed. Millers Only buy As their necessities require and other parties give Tho Market As yet but Little or no attention. The total stocks of Grain in new York warehouses on the 6th instant on the 29th. The 22d of june and on the 8th of july 1867, were # Julur 6, �?T68, june ?9.�?T68. June 22.�?T68. July�,�?T67. Price mixed ear bearing quotation now at 86c, and shelled at 88c, White at 2c above these figures. Oats were firmer at 78�75c, and in some oases 76c was had for no. 1. Rye fell off full 5c per Bushel and is hardly scalable now at $1 55. Barley has no Market. Malt is in fair demand. Cotton is firmly held at 31 he but the demand is Light. The following table exhibits the imports and exports of some of the leading articles for the past Twenty four hours apples bbl. Barley Bush. Butter pkg. Candles big. Corn Bush. Cheese Bxs. Flour bbl. Hay Bales. Imps. Expos. Imps. By a. 14 a. Malt Bush. 157 data Bush. 2,463 pork a Bacon. "�5 Hhd. 46. 247 38 18 353 195 bbl. 12. 355 245 by. 10 6 lbs. Potatoes bbl. 33 35. 1,360 780 Rye Bush. 133153 25 sugar Hhd. Salt bbl. 7865 a a a a a 274 wheat Bush. 1,426 675 a a a a a a. Whisky bbl. 145208 47 . Lard bbl. Lard kegs. Molasses bbl. Linseed Oil is held More finnly i 05 being in most cases asked. Whisky is held steadily at 40c, in Bond yet the demand is moderate and sales can not be made to any extent above 35c. The provision Market was rather quiet for most articles with holders asking yesterdays figures for meats firmly and standing for an Advance on lard. Mess pork was held at $28. The inquiry for it was Light and it was supposed that purchases could have been made at $27 75. Lard was in Good request at 16hc. There were sales at that recorded but 17c is firmly asked now by those who have it on the Market and not much willingness to accept that is manifested. Bulk shoulders were sold at lie and Are in some request at that hut there Are not Many offering at he on that figure and in most cases Wilho is asked. Bulk sides Are quiet at i3$�c. Bacon shoulders Are steady with some jobbing sales at 12hc. Rib sides Are not being handled. Clear rib Are Selling in a Small Way at Igo and Olear at 16hc, but these Are full figures and the demand is at a fraction less. Sugar cured hams Range at 18h19hc. Bank not jli5t. Prepared kxprk8sly por the cinc1nrattcommercian, by messes. Gilmore do Inlap a ., 108 and 110 West fourth Street. Par funds. U. S. Legal tender notes. National Bank notes Uncur rent. Ohio new England. 10 Dis. State Bank 5 Dis. Michigan. Iowa. 2 Dis. Free Banks. 5 Dis. 6 Dis. New York Illinois state. A a a a a a 5 Dis. Solvent. 10 Dis. City. % Dis. Wisconsin Pennsylvania solvent. 10 Dis. Philadelphia. 1 Dis Missouri Pittsburg. 1 Dis. In Good credit. 2 Dis. Interior. 5 Dis. Discredited. 5 Dis. Indiana Louisiana state free Banks. 5 Dis. Solvent. 5 Dis. By a state of ind. 3 Dis. Tennessee Virginia Wheeling Cit Union Bank. 5 Dis. V and planters Bank. 5 Dis. It. Pleasant t by. 2 Dis. Bunk of Tenn. 75 Dis. Wheeling Bra Ches. 2 Dis. North and South car Eastern. 85 Dis. Olina Georgia and Maryland Alabama. 85 Dis. Baltimore. 1 Dis. Kentucky. 1 Dis. Interior. 5 Dis. Honey Gold and stocks in new York. Telegraph report new York july 8. Mouht steady and unchanged Sterling Exchange is firm at 110%7&110%. Gold is lower opening at 140% and closing at 140%. Governments More Active and better closing steady. Coupon 1881s 113% 3>113%, do 1862 113% 0113%, do 1861 110%�110%, do new 108%�108%, do 1867 108%�108%, ten forties 107%�107%, seven thirties 108% s>108%. Railway express Telegraph a. Stocks rather More Active and higher during the Day particularly Rock Island the Market closing quiet but steady. Canton 48%�49, Cumberland 30�35, Wells a Fargo express 25�25%, american express 45%�46, Adams express 53%�53%, United states express 48 948%, merchants Union express 25�25%, quicksilver 21 % �>21 Mariposa 4�5, Pacific mail 100, Atlantic mail 30�33, Canton 34% �34%, new York Central 134, Krie 69, do preferred 74%�75%, Hudson River 138%�138%, Harlem 124, Reading 96, Ohio and Mississippi certificates 29% 929%, Wab Aali 48�48%, St. Paul 66�66%, do preferred 78%�78%, Michigan Central 1169117, Michigan Southern 91, Illinois Central 157% �158%, Pittsburg 87%, Cleveland and Toledo 1039103%, Rock Island and Pacific 109, Northwestern 78, do preferred 81, fort Wayne 106, Hartford and Krie 15, Columbus 89. Marietta and Cincinnati first preferred 28, Ashtabula 99, mis Souris 91%, new tennessees69%, North carolinas75%,Virginias 68%. Mining shares Are Dull Smith a Parmelee 375. The balance in the sub Treasury was $83,595,195. Exports except species for the week $2,452,598, wheat Bush Corn a nth a. Oats Bush. Kye Bush. Barley Bush. Malt Bush. Peas Bush. 586,951 �91.335 612,830 1.469 522 1,412.791 1.335,456 781,102 �79,425 523.416 25,849 37,400 40,403 575 581 575 34.000 37,917 22.065 59,780 55.492 56,23 359,453 161,704 263,002 9 ,204 18,300 17.508 32.698 Corn sold More freely and improved a Little in daily review of the Cincinnati Market and reported Bales. Furnished from the merchants Exchange. Wednesday evening july 8. Butter in addition to a fair local demand there is considerable of the Best Western Reserve being sold on Southern orders at full rates. The receipts being Light there is no accumulation. The Quality of All grades is More or less affected unfavourably by the extreme warm weather. Price continue unchanged. Prime to Choice Western Reserve Sells at 28930c, Central Ohio at 24926c, and the lower grades at 15922c. The sales were 3,200 lbs at these prices. Cheese factory is in Good demand with a moderate inquiry for the Best Western Reserve. Inferior is Dull of Sale. Prices Are easy but not quotable lower factory Sells at 14915c, Western Reserve at 12%913c and the lower grades at 7911c. The sales were 265 boxes. Coffees we have no new feature in the Market to note. The demand is limited to supplies for the retail Trade. Country and City dealers buy sparingly. The Market however remains steady and prices Are unaltered though they Are rather in favor of buyers. Common Rio still commands 21922c, fair 22%923c, Good 23% 924c, prime to Choice 25926c, Java 3937%c, and lag Ayra 25926c. Coals that which is afloat and Nebold is still held at 9914c per Bush Aud delivered to Consumers it rates at 16c for Ohio River and 18920c for . Cotton there has been no material change in the Market since yesterday. The Stock of the Best grades continues Light and they Are in Good demand at full rates. The lower grades Are in better Supply and Aro not so scalable the prices ranging relatively lower. We still quote middling at 31%e, Low middling at 30%c, and Ordinary at 25% 926c. Eggs we have no change in Supply or Price. They continue to sell at 17c per doz., in Good condition and they a in fair demand. Fruit there Are not enough of Green apples on the Market to establish quotations. Dried fruit is scared and but very Little doing in it. Apples Stahl rate at 597c per la and peaches at 8910c per la. Hay much the larger proportion of the Stock is inferior and finds slow Sale even at reduced prices. Holders find it difficult to sell on any terms. Good Loose pressed still Sells on arrival at $14 915, and from store $2 higher and it is in Good demand. Tight pressed is held on arrival for the Best at $12913, and from store $2 higher. New Sells at $8910. All inferior Sells at irregular rates and below our quotations. Hemp the Supply continues Liberal and is somewhat in excess of the demand which is fair. The rates remain unchanged Aud we quote undressed Kentucky at $1609180 per Tun and dressed at 14914%per Pound. / molasses there continues to be a fair demand for consumption. The Market remains unchanged with prices easy but not lower. New Orleans Sells at 92995c, Porto Rico at 70375c, sugar House at 60980c, and syrups at 90c9$l 15. Onions the demand is met by the Supply at $59 5 25 per bbl. Oils there is but Little doing in linseed and it is held at $1 02 a 1 03. Lard extra no. 1, Sells at $1 279 1 32. Petroleum is in fair demand at 32934c for refined free. Provisions the Market was rather quiet to Day though holders were firm. Mess pork was held at $28, but we did not hear of any demand. Bulk meats were held at 11 a for shoulders and 13%for sides but shoulders sold at he and sides were not scalable at Over 13%c. Bacon was held at 12912%for shoulders and 16916%for Clear rib and Clear sides with Small sales of Clear sides at the latter rate. There is a moderate demand for sugar cured hams at 18%919%c. Ltd opened quiet but the Market became excited seed there Wab n Clover was held at there is but Little of a 2 10 per Bush. Sugars the Den particularly of the v Tiyler the news from Liverpool and new York and at the close there were no Sellers below 17c, and not Many at that. There were buyers at 16%c. The sales were 50.000 lbs bulk shoulders at lie 15 Hhd Clear rib Bacon sides at 16c, 50 pcs heavy sugar cured hams country at 19c, and 200 pcs prime City lard at 16%c, a poultry the Market is now pretty Well supplied with Spring chickens at $3 7594 per Doz alive. Old sell at about the same rate. Potatoes a Good Deal of the Stock is in a damaged condition and is Sellin at $1 5092 per bbl those in Good condition Are in f in demand at $ 3 per bbl from store. Movement reported to Day and and Timothy at $2 4092 50. Offering. It now rates at $29 i f for All kinds is increasing and joined. The Bales to Day were larger and full rates Quot Are maintained. We still quote without alteration a few Orleans at 15916c, Porto Rico at 143l4%c, Cuba at j%314c, Demorra at 15%916c, soft refined at 15%9ljfc, and hard refined at 17%917%c. Salt the Trade cow Siquei Active and prices Are Well maintained. Domes is of All kinds sell at 40c per Bush and $2 2592 85$r bbl Small and Large. Whisky sales attn amp Aue Tobe made of raw in band at 35c per Gall but Irre is generally asked. We have no rates for free. A flour we have no change to note in the general features of the Market since our last. There is a fair demand for the fresh ground from the local dealers. Tace old stocks Are very Dull and offered at from 50c to $1 below that of fresh ground we quote extra at $8 5099, family at $$99 50, and fancy brands at $109 11 50. The sales were 200 bbl Winter family at $9 50. Wheat a Dull and unsettled Market Aud in the absence of sales or demand prices Are entirely nominal. Nos. 1 and 2 red Winter can be obtained at $1 95 and $1 85, but will not offer within 5c per Bush of these rates. There were some samples of new wheat offered but holders were far above buyers views. Corny there was a fair Demaud for ear at 85986c, holders in most cases asking 87c. Shelled was also in better demand and sold at 88c, holders at the close asking an Advance of 395c per Bush. The Saleb were 350 Bush ear at 85c, Aud 350 hush do. At 86c. Rye a Dull Market Aud Price nominal at $1 60, the asking rate. Oats a quiet but Firth Market with a moderate Demaud at 73o and 75c for nos. 2 and 1, but holders want la More. The sales were 500 Bush Sample at 73c, 1,300 Bush do. At 75c, and 900 Bush do. At 76c. Barley has no Market but there is an Active demand for Barley malt at $2 409 2 60 for Spring and $2 5032 70 for fall Pittsburg Oil Iti Arket. Special Telegram to the commercial. Pittsburg jul y 8.�?the Petroleum Market was moderately Active to Day but there was less excitement and there seemed to be a weaker feeling. Crude was offered More freely tinder the influence of two new Wells having been struck. The sales were 1,000 bbl seller july at 15c 1,000 bbl first half of August at 15 a and 8,000 bbl spot in tank at 15c. The sales of refined were 1,000 bbl last half of september at 35 a 2.000 bbl last half of August at 35c 1,000 bbl same delivery at 35%1,000 bbl each for september october and november at 35 a and 500 bbl each month from july to december at 35c. State of Trade at other Points. New York july 8.�?Cotton is less Active and drooping with sales of 1,200 Bales at 32% 933c for middling Uplands. Receipts of flour 1,579 bbl Market More Active and 15925c better demand chiefly speculative and for common grades sales of 19,400 bbl at $6 80-97 25 for superfine state and Western $898 70 for extra state $398 10 for extra Western $10 75912 75 for White wheat extra $8 65912 27 for round Loop Ohio $10 50 for common to fair extra St. Louis $10 609 14 50 for Good to Choice do closing firm. California flour firmer. Rye flour lower safes of 350 bbl at $7 9099 90. Corn meal is rather More Active with sales of 1,400 bbl of Brandy wide chiefly at $6 25. Receipts of 58,790 Bush wheat Market about 192c better with a moderate demand sales of 54,000 Bush of common Minnesota Spring at $292 20 for no. 2, $2 15 for no. 1 do $2 22% Tor Choice Amber Green Bay $2 40 for White Wisconsin $2 50 is reported for Amber state and $2 6092 to for California. Rye quiet. Barley nominal. Malt quiet and firm. Receipts of 55,892 Bush Corn the Market 293c better with a moderate demand for Export and Home use sales of 76,000 Bush at $1 1091 13 for inferior to prime mixed Western afloat $1 1591 15% for we Hite Western. Receipts of Oats none the Market la better sales of 85,000 Bush at 85986c for Western in store and 87987%afloat Rice quiet. Prime Rio Coffee steady with a fair demand other kinds Dull Rio 17%Gold duty paid. Sugar Dull and not very firm with sales of 1,000 Hhd at 11%912%for Cuba and 14%for Demartra. Molasses nominal. Hops quiet. Petroleum firmer at 18c for crude and 35c for refined bonded. Coal unchanged. A Hemlock sole leather Active and firm at 27a 29c for i Enos Ayres heavy weights. Wool quiet and unchanged. With sales of 230,000 lbs at 48951c. Mess pork steady and in moderate demand with sales of 2,400 bbl at $27 80927 90 for new mess closing at $27 87 regular $2775 928 for old do closing at $28 regular $22 25923 75 for prime $24924 50 for prime mess. Beef quiet and unchanged with sales of 160 bbl. Beef hams Dull. Cut meats steady and unchanged sales of 180 pkg. Middles nominal. Lard is firmer and in better demand Sabes of 870 pierces at 15%917c for steam and 17% 917%for Kettle rendered also 750 pcs steam rendered seller and buyer August at 17% 917%butter quiet at 27 9 28c for Ohio and 309 35c for state. Cheese steady at 7915 a. Freights to Liverpool lower. Engagements of 25,000 Bush Corn per Steamer at 4%94%d. Latest flour closed Active it 5910c better for Low grades with a Good speculative demand. Wheat is very firm at $2 0292 03 for no. 2, and $2 1392 14 for no. 1 Spring. Rye is steady at $17891 88. Oats Are steady at 85%in store and 87987%afloat. Cornis steady at $1 13 for new mixed Western afloat. Pork is Dull at $27 80928 50 for mess Cash Aud regular. Beef is Dull and unchanged. Cut meats ate Arm and in moderate demand. Bacon is nominal. Lard Sells at 16%� 17c for fair to prime steam. Eggs Are steady at 23925c. Dry Market is quite firm with a fair inquiry for the season particularly for seasonable punts and heavy Brown sheeting. We quote new styles of Pacific print at 14c, Spragues 14c. Merrimac a Manchester. American. Oriental Ana Richmond 13%c, Merrimac 14c, Light colors 13%e. Amos Keag has been Active at 12%c, Lowell brings 11c, Wam Sutta 10c, Brown sheeting in Indian head 17%c, Pacific 8 17%c, Amos Keag a and Lark a 17, Pocasset Canoe 17c, Wae Susetts 17c, Amos Keag b 16%c, Lyman 15%c, Williamsville bleached muslims 23c, Roanoke Gingham 11c. Chicago july 8.�?flour is firmer with sales of Spring extras at $8 50910 25. Wheat is very quiet and firm and 4�5c higher sales of no. 1, at $1 9091 94, and no. 2 at $1 8191 83, closing at $1 81%91 82 for no. 2. This afternoon sales were made of no. 2 at $1 82. Corn is fairly Active and % 9%higher. Early sales were made of no. 1, in store at 92993c, but subsequently declined and closed at 91 % 991 a. Sales of no. 2 were made at 88%990%c, and of rejected at 81981%c. Since a change sales were made of no. 1, at 92%c. Oats Are Dull and firmer sales at 68% 969c, closing at 68%968%c. Rye is Dull and 2c lower Saleb of no. 1 were made at $1 60, in store. Barley is neglected and entirely nominal. Mess pork More Active with sales at $28 00. Lard firmer sales at 16c. Dry salted shoulders held at 11 a with buyers at 11 % Beef cattle moderately Active at $4 2595 for Light steers and cows. $5 759>6 62% for fair to medium and $797 50 for Good to Choice. Hogs More Active at $89 8 30 for Good $8 5098 90 for fair to medium and $99 9 20 for Good Choice. Freights More Active 4c for Corn to a Aflalo 7%for Corn and 8%for wheat to Oswego. Receipts 246 bbl flour 5,250 Bush wheat 114,470 Bush Corn 18,414 Bush Oats 4,244 hogs. Shipments 2,049 bbl flour 710 Bush wheat 110,754 Bush Corn 55�?T700 Bush Oats 2,859 hogs. St. Louis july 8.�?receipts of produce Small causing a temporary Advance in some articles. Tobacco unchanged. Nothing doing in Cotton there being no Stock. Prime undressed ii Emp sold at $1479150, dressed $240. Flour very quiet with no quotable change. Wheat Stifler at $2 1092 15 for prime to Choice fall $1 60 for Choice no. 2 Spring. Corn higher at 77978c Tor mixed and yellow and 83 985c for w bite. Oats advanced to 73975c. Rye sold at $1 37%. Pork sold at $27 75 928 65. Baton shoulders 12%c, Clear sides 16%c. Sugar cured hams 20%c. Choice Tierce lard 16% 917c, Keg 17%918c. Prices of cattle Are easier at 3�5%c, Gross Tor common to prime Choice nominal at696%c. Sheep Aud lambs unchanged. Receipts flour 500 bbl wheat 4,500 Bush Corn 1,700 bus ii. Oats 2,800 Bush. Buffalo july 8.�?receipts of wheat 25,000 Bush Corn 255.000 Bush Oats 40,000 Bush. Shipments of wheat 30.0w Bush. Corn 40,000 Bush. Oats 40,000 hush. Freights firm wheat 13%c, Corn 11c, and Oats 7%ctonew York. Flour quiet. Wheat better sales of 9,000 Bush White Canada at $2 25. 3,500 a bite Michigan at $2 35, 3,500 no. 1 Western at $1 99,3,000 Kiln dried and no. 1 at $1 9891 98%. Oats Dull Anda Shade weaker sales of 21,000 Bush at 77%978c, and sales this afternoon of 22.000 Basli to arrive at 77c. Other articles unchanged. Milwaukee july 8.�?flour quiet but firmer and unchanged. Wheat higher with sales at $1 89 for no. 1 $1 80 for no. 2. Oats firmer sales at68i?69c for no. 2. Corn firm and higher sales at 90c for no. 2. Receipts 200 bbl flour 4,000 Bush wheat 2,000 Bush Oats. 3,000 Bush Corn. Shipments 2.000 Bdl flour 5,000 Bush wheat 1,000 Bush Oats 23,000 Bush Corn. New Orleans july 8.�?Cotton advanced with sales of 350 Bales middling Orleans at 32%c. Gold 1409140%. Flour is quiet sales of superfine at $7 25, and Choice at $10 50. Corn is steady at 90�95c. Oats Are quiet at 72%974c for prime Western. Hsy $2t. Pork is steady at $29. Bacon drooping shoulders 13c, Clear sides 17c. Lard Dull Tierce 17c, Keg 19c. Baltimore july 8.�?flour Dull and declined 80c. Wheat Dull with sales of red at $2 4092 60, White $2 4092 70. Corn Dull White sold at $1 1291 15. Oats Dull and unchanged. Rye Dull and unchanged mess pork term at $27 75929. Bacon firm rib sides 16%c, Clear sides 16%c, shoulders 14c, hams 21922c. Lard Dull at 17c. Memphis july 8.�?receipts of Cotton 4 Bales exports. 2 Bales. Flour unchanged. Wheat $1 70� 1 90. Corn 90992c. Oats 73c. Hay 15916c. Bran 23924c. Corn meal $4 4094 60. Mess pork $28 75. Lard 189 19c. Bacon weak shoulder 13 of War sides it Etc. Cloudy and hot. Toledo july 8.�?receipts of flour 500 bbl. Wheat quiet Aud firm Amber $2 15. Receipts of Corn 10,640 Bush firm no. 1 fresh receipts 93c, regular held at 91c without buyers. Receipts of Oats 1,800 Bush firm and 2c better with Saleb at70%971c. Louisville july 8.�?sales of superglue flour at $,79 7 50. Wheat $1 8591 95. Corn 95996c. Oats 78980c. Rye Al 75. Mess pork $28. Lard 16% 917c. Bacon shoulders 12 a a 13c, dear rib sides 16%916%c. Clear sides 16%917c. Bulk shoulders 12c, Clear sides 16c. Philadelphia july 8.�?flour Dull and unchanged. Wheat firm Aud advanced Ohio red $2 3592 40. Rye $1 85. Corn advanced 293c, with sales of Yerow at $1 17, mixed Western $1 1291 15. Oats firm. British Trade in 1867. The Board of Trade returns for 18c7,show that the exports from the United kingdom amounted ill value to �181,183,971, against �188,917,536 in 1866, and that the imports were �275,249,853, against �295,290,274 in 1866. This exhibit is judged As satisfactory when the Adverse influences Are considered under which Trade was carried on last year and especially when allowance is made for the great reaction in Price of the Many principal articles of Commerce so that there is reason to believe that so far As these returns relate to the labor skill capital and Enterprise employed the total of 1867 is the most favourable Ever attained. The six principal countries among which this Export move men is distributed Are 1866. 1867. India.�20,009,490 �21,844,619 Australia. 13,643,326 9,637,157 British North America. 6,824,960 5.853,523 unit6d states. 28,499,514 21,821,786 Germany. 15,767,690 20,570,105 France. 11,700,149 12,131,581 of the aggregate about 28 per cent were to the British possessions and As regards Thuc shipments to foreign countries the increase with Germany satisfactory but the worst feature consists in a heavy falling off in Tho total with the United states notwithstanding the very Large increase in the quantities of bread stuffs and Cotton imported therefrom. The imports were of the value of �275,249,853, and of the aggregate the merchandise from foreign countries was �214,466,719, showing a decrease of �8,617,833 As compared with 1866 the imports fro Tel the British possessions amounted to �60,783,134, a decrease of �11,422,588 on the previous year. If we inquire to what items these changes Are to be traced the United states stand first in the list As from this country was imported merchandise of the value of �41,048,026, which enormous total has already been three times exceeded namely in i860, 1861 and 1866. The value of the imports from the United states in 1867 was less by �5,800,000 than in i860 and the value of the Cotton imported thence was �9,000,000 less than in the previous year. France stands next on the list the imports thence in 1867, amounting to �33,740,660, being �3,300,000 less than in 1866, the Only year in which the amount for 1867 has been exceeded. Tho Quantity of wheat imported from Russia in 1867 was enormous and the imports from that country reached the unprecedented sum of �22-286,926. The value of the imports from India fell from �36,901,997 in i860 to �25,489,344 in 1867 the raw Cotton from that country decreasing in Quantity from 5,493,770 cwt in 1866 to 4,449,259 in 1867. As regards Australia the exhibit so far is so satisfactory that although the exports to that country show a falling off the imports continue to increase being �12,890,260 in 1867, showing an increase of �2,465,000 Over the previous year. The remainder of those returns possess we believe no special interest to our new York commercial bulletin. Foreign Commerce of new York. The imports of specie at this port during the past week have been As follows june 29�?steamer Henry Chauncey Aspinwall Gold. $.33,412 Silver. 163,776 a a total for the week. $197.188 previously reported. 3,903,296 total since january 1, 1868.$4,100,484 same time 1867. 1,589,049 Tho imports of dry goods at new York compare As follows for the week. 1866. 1867. 1868. Entz a at the port $1,413,181 $1,146.464 $890,851 thrown on Market. 2,680,195 945,128 769,964 since Jan. 1. Entz a at the port 69,714,862 46,899,285 37,889,824 thrown on Market. 66,941,971 50,715,199 40,226,251 the imports of foreign dry goods at new York for the month of june were As follows entered for consumption. 1866. 1867. 1868. Total.$3,873,573 $2,374,570 $2,844,868 withdrawn from warehouse. 1966. 1867. 1868. Total. $3.104,174 $1,338,874 $860,011 add Entz a for Conan. 3,873,573 2,375,570 2,842,868 total thrown upon the Market$6,997,747 $ 3,713,445 $3,702,879 entered for warehousing. 1866. 1867. 1868. Total. $2,901,681 $1.870,743 $1,348,761 add Entz a for Conan. 3,873,573 2,314,570 2,842.868 total ent. At the port. $6, it i5,244 $ 4,245,313 $4,181,629 a commercial advertiser. Statement of the actual Stork of Cotton on hand on wed Neady july 1, Bales. In presses7,107 various pickerites. 128�? 7,235 on ship Board not cleared to the 1st steamship Cuba. 167 steamship general Grant. 20 steamship George Washington 168 ship St. James.1,595�? 1,950 actual Stock on the 1st inst. 9,Iai arrived since taking Stock. 855 total10,040 cleared since taking Stock.3,366 Stock on hand on ship Board not cleared on the 3d inst a. A 6,674 a new Orleans Price current. The courts. Common pleas. Grand jury report. In room no. 3, before judge Cox the grand jury presented the following report a to the Hon. Joseph Cox judge of the court of com Mon pleas of Hamilton county. Ohio a dear sir the grand jury of Hamilton county in closing up their business for the Mouth of july May term a. D. 1868, beg leave to present the following report a we have been in session three Days have examined forty six witnesses and have found ten True lulls of indictment. We have visited the county jail and found the rations for the prisoners Good and of sufficient Quantity. Owing to the want of ventilation the building is idiot As comfortable As it should be. The cells and areas have been cleaned and whitewashed of late giving it a better and healthy appearance. We find that the inmates of the jail give the officers of the institution the credit of doing All in their Power to make them comfortable. We Are pleased to return our thank to or. Joseph e. Heart chief Deputy sheriff for his politeness in conducting us through the jail and also to our Able assistant prosecuting attorney or. M. Wilson for ins kind assistance in our examination of witnesses. O. C. I1ayes, arraignments. The following prisoners were arraigned and entered pleas of not guilty Elias White a negro indicted for shooting with intent to kill Moses Eigelberger stealing a gelding Eliza Evans stealing $580, ear rings and a breast pin the property of Phillip Staple. This prisoner said she wished to have her Case put Over until the next term of the court to which the prosecuting attorney assented. A family quarrel. Pat. Of Neil was arraigned on a charge of cutting Jane of Neil his wife w Hen asked whether he w Ould plead guilty or not. He replied that he did not know any thing about it As he was drunk at the time. Prosecuting attorney then you had better plead not guilty. Prisoners Well i suppose i will have to dead guilty. Prosecuting attorney this Case grows out of a diff culty Between husband and wife she is anxious to be him out and save he is a Good Man when he does in drink. It appears the parties rushed off to the probate1 court to get a divorce could not get it and then went Home and got to quarrelling. The state would accept of a plea of assault and Battery in this Case. The plea was then put in. Court to the defendant a it appears you have been in jail since the 29tli of May and if you Promise now to go Home and take care of your family and not look for a divorce we will give you a Light sentence. Defendant i wont look for any divorce sir. Court the sentence is that you he sent to jail for one Day and pay a Fine of $20. The Young negro who had been lately arrested on a charge of forging a counterfeit Check on the Ohio Valley Bank was brought up and gave bail for his appearance to answer the charge. # acquittal on a charge of assault with intent to Rob. James Graham indicted for an assault with intent to Rob appeared on trial. The defendant was quite a respectable person in appearance his wife and an interesting child of about two years of age were beside him during the trial. Ignatius Freund a lad of about seventeen years of age testified that on Tho 13th of april last he went to the savings Bank on the Corner of third and main streets with $3,000 which he married in his hand. As he got to the top of the stairs he received a blow on the top of the head from some hard substance he tried to make an alarm but could not for a moment he then tried to open the Bank door but could not do this he then shrieked out and ran Down stairs he did not see the person who struck the blow but at the foot of the stairs he saw the defendant. The blow he received was so severe that he waa not Able to work for three weeks afterwards. Cross examined by colonel Burnett attorney for old not know who struck him received Only one blow the Man who struck him made no attempt to take the Money. To or. Wilson when i saw the defendant lying at the foot of the stairs i him. Or. Adae testified that at about 2 or half past 2 o clock on Tho Day in question he was sitting at his desk in the Hank when he heard a loud scream lie immediately went to the head of the stairs hut saw nobody there at that time on running Down to the door he saw the Young Man on the sidewalk with the blood dropping Over his face Graham was leaning against the door opposite to him witness asked a what is the matter a and the Voung Man pointing to Graham said a this Man struck the witness at first hesitated to do any thing As the defendant did not look to him to be a person that would commit such an set but Freund persisted in saying a that is the Man a and witness then requested that Graham should come up stairs he said he was willing to do so hut that it was All a mistake. Witness saw a Man pick up a Bowlder in the doorway no stairs after the occurrence. The Stone was lying about four feet from where the boy said he was struck Graham said he sprained his ankle and limped very badly. Cross examined Graham did not appear at All excited but rather quiet for one under a suspicion of that kind 1 heard screaming both in the entry and on pointed out As the Man who assaulted Freund. Witness remarked to him that he did not appear to be a Man who would do such an act. Lie said that he was not the Man. And that the boy was mistaken. Witness searched him in the station House and found a White cloth in his pocket with a Hole in it and tied at the Corners. To a defendant said he supposed his child put it in his pocket. Witness asked him w Here his Money was Ana he said he. Had none that he was in poor circumstances and had not Money to pay his rent. Cross examined a. Did he claim to he innocent of this charge a. He did be said the boy waa mistaken. The Case Here closed for the state. The defendant was then colled to the stand. The counsel asked him to give a statement of the business he had beep engaged in. Which he did going Back some years when he was in the employment of or. Shillito in 1861 he joined the sixth Ohio regiment As a private and remained in the army until june 1864, when his regiment was mustered out he being then first a lieutenant. He went Back then to Shilliton a and remained there until 1866, when he left. Whale in Tho army he was in several engagements. And was wounded at Stone River. On the Day of this assault he went into the building on third Street for a private purpose he heard a noise of some one running Down stairs and on looking round a Man ran against him striking him on the shoulder Aud throwing him Over in the fail he sprained his ankle he did not Bee the Young Man Freund until he passed him with his head bleeding he did not know How the White cloth got into his pocket unless his child who was in the habit of putting things in his pocket placed it there. Cross examined by or. not lying at the foot of the Steps when the boy came Down was out of business at the time. George Ledlie a gentleman employed in the establishment of Shillito a ., testified that the defendant was a Man of strictly temperate habits Aud while in the employment of that House his character for truth and veracity was indisputable. Melinda Mosely a coloured nurse employed in the family of the defendant identified the cloth which had Heeny mentioned in the Case As a diaper which the child had been playing with that morning and saw him put some articles into his fathers coat pocket he was in the habit of so doing. Colonel Christopher examined a title or. Graham was in the army he knew him As a private sergeant and commissioned officer and his reputation Ana standing in each position for honesty and truth were Good Ana for uprightness a bravery As a Soldier his character could not be better. Other witnesses also gave the defendant a Good character and the jury after a Short deliberation brought in a verdict of Quot not probate court. The will of Adam Poe was admitted to probate. Richard Hill was appointed administrator of Robert t. Johnson Covington. A Friend of Oura who like Many others has been annoyed for some time past on account of the irregularity of holding the markets in Covington suggests that the citizens raise a fund for the purpose of employ ing a Manto go around with a Bell every Day Between Sundown Aud bed time and advise the people where Market will be held the next morning. The suggestion is a Good one and we think Council could be induced to make a Small appropriation to Aid the Enterprise. Henry Depue and h. W. Longe the two men who were arrested by marshal Thompson and officers Harvey and Riffe a few Days since upon a charge of horse stealing underwent an examination before the mayor yesterday. The testimony was deemed sufficiently Strong to hold the parties and they were a Cor singly remanded to custody of the authorities of Fautte county Kentucky the alleged stolen horses being claimed by two citizens of that county named of Brien and Warren. Tuesday the 7th inst., was the Day appointed for holding the judicial convention in Covington for the nomination of Union Republican candidates for circuit a judge , and Commonwealth s attorney Buiu consequence of the Call not being generally Kiyon in the District the attendance was not so full As As desired. It was therefore deemed advisable to postpone the nominations until the 15tli inst., on which Day the convention will meet in Newport. It has been discovered since the introduction of the last Market ordinance into Council that the measure but Nizie votes whereas the charter prescribes that no ordinance can be adopted unless a majority of a full Board or ten me tubers shall vote in its favor. Cut Uncil will therefore at its next meeting resume it is Orite work of tinkering with the markets. Newport. Mry Claycamp was fined $10 and costs by the or this morning for committing an unprovoked As it upon a negro named Thomas Lawson on the i Atroth of july. A a a a Uther Shelton who was arrested in this City a few nights since by detective Butts Constable Ben Nett Aud marshal Fowler upon a charge of bigamy was handed Over to Tho sheriff of Pawpaw county Michigan yesterday who started for the Badger state with the prisoner. Nbw8 item Jacob penning was killed by lightning at Henderson a Minnesota on tuesday. Francis Haupt committed suicide in Philadelphia on wednesday. He had been Labouring Ejder depression of spirits. A Large amount of counterfeit mopey is in circulation in the Saginaw Valley in Michigan he recent developments show that it is manufactured in the Vicinity of East Saginaw. General Mcdowell was removed from command in Mississippi at his own request because continued service during the hot weather in the Southern climate was dangerous to his health. The body of Bichard 8tevens, of Lebanon Maine was found on tuesday lying in a Field in Dover new Hampshire under such circumstances As to make it certain be had been murdered. No clue to the perpetrators. Or. Of Hara and or. Shanahan Bishops appointed by the Pope for Scranton and Harris Borg Pennsylvania will to consecrated in Philadelphia next sunday by Bishop Wood. The apostolic briefs for this proceeding have arrived. There were Only two men and a child killed by wild firing of the very Sharp shooters of the late schist Lenfest in new York. The commercial advertiser says the City for a few blocks above Jones Wood has been under a regular bombardment. Mark Grayson left Richmond yesterday to a walk to Omaha making sixty democratic speeches on the Way. The trip is to consume forty five Days. He carries a Flag marked democracy. A Large crowd followed him to the suburbs. 1 a factory girl in fall River returned a Day or two ago a Roll of Bills amounting to nearly $300 Thich had been inadvertently done up in a Paek age of goods she bad purchased in a store in that Ity. She refused to accept any Reward in Pney but was prevailed upon Toj Tako a Good a Ess pattern. Or. John n. Martin Saloon keeper at was ton near Vincennes Indiana and a member the a outside delegation to the democratic invention from that state died in new York sunday. Excitement Aud drink Are supposed have caused his death. He was unmarried and has a Mother living in Ohio. General Canby has issued an order restoring civil Rule in North Carolina when the presidents All have proclaimed a ratification of the constitutional amendment and the functions of military officers Are then to cease. The prisoners in custody under charges of violating the reconstruction acts Are to be discharged and to Iose for other offences will to turned Over to the civil officers. Owing to the backwardness of the summer the Public bathing houses in Boston were not opened until the 3d Day of june and during Tho remaining Twenty Soven Days of that month the number of bathers at All the Bath houses Rox Bury excepted was 230,802, Viz 39,492 men l�6,-060 boys 3,975 women and 21,275 girls. The number of bathers at the Bath House to Roxbury which was opened on the 29th of june on that and the following Day was 2,968, Viz 64 men 2/629 boys and 375 women and girls. General Howard with the approval of the Secretary of War has initiated measures for the Early withdrawal of the feed men a Bureau from South Carolina. General Scott commissioner for that state having been elected governor it will be necessary to put a new Man in his place but he will remain connected with the Bureau until a proper officer has been selected. General Howard directed him to recommend a suitable person for commissioner and to reduce the number of agents of the Bureau As soon As possible. Ground was broken on Tho Atlantic and Pacific Railroad at Springfield Missouri saturday th6 4th, with imposing ceremonies. A Large number of people were present Many coming from Kansas and Arkansas. Miss Mary Fisk daughter of the be president removed the first so overfull of Earth after which speeches appropriate to the occasion were made by governor Fletcher Andrew Pierce jr., of Boston hons. John s. Phelps and Henry t. Blow general Fisk colonel Baker and others. A lactic and Pao Filc Road West of Springfield also on the South Pacific Road West of Little Piney. The Enterprise will be pushed rapidly Forward with a View of connecting St. Louis with san Francisco by the thirty fifth parallel route to Albuquerque and beyond. The Spring fled Republican describes Tho Bronze double doors for the Capitol at washing ton which have been in the bands of the Ames company at Chicopee for the past three years Aud which Are now approaching completion. Early autumn it is expected will see them in their destined place at Washington. The panels of the a a peace Side representing a peace a Tho a ovation to Washington at Trenton a the inauguration of Washington a and the a masonic ceremony of laying the Cornor Stone of the Capitol september 18,1793,�?� surmounted by an Oak Wreath and a Star Are already arranged a for insertion in the cast Iron Frame that is to support them. The panels of the a a War Side represent a War a the a charge at Yorktown a the a rebuke of Lee by Washington at Monmouth a and Tho a death of Quot Warren at Bunker Trio artist Crawford has been fortunate in having the highest skill in the country to carry out his designs. Each of the doors weighs 4,000 pounds of which 1,800 belong to the Iron framework and the remaining 2,200 to the panels and the polished Bronze Back. Notwithstanding this immense weight the doors will swing wit i Comparativo ease As has been demonstrated by actual trial. The bindings Are ponderous but the Point of friction has been reduced to Tho fraction of an Inch. Three More bodies were taken from the wreck of the morning Star to Cleveland on monday evening one was identified As or. James More ton of Detroit another was believed to be mrs. E. Parker of Marietta Ohio and the third a boy supposed to be a son of mrs. Elizabeth Lidstone of Cleveland. The body identified As that of mrs. Parker had on a hoop skirt Brown Merino dress and cloth gaiters. The hair was dark the age probably thirty and the stature medium. A Small Porte Minnaie with a clasp containing six dollars a five Dollar Bill and a one Dollar Bill and a paper of Needles was also taken irom the body. Frederick Rehm a youth of sixteen spent Tho Day and evening of Tho fourth among Hie Young companions in West Hoboken new Jersey was in High spirits when he parted with one of them at 9 of clock went Home fastened round his neck a strap used in carrying school books tied the end of it to his Bedstead Aud strangled himself. His father found him dead on returning Home at Midnight. No cause for Tho suicide can be imagined by the boys friends. Eugene Barkere who said be had served Tor three years in an Ohio regiment and received a medal from general Rosecrans was recently sentenced to ten years transportation to Cayenne for setting fire to a House at Lille. A old lady living at Tho House in question was so much frightened by the conflagration that she died the following Day. The Meadville Republican says a we learn that Mccarty who murdered Aman near Utica Venango county a Short time since has been arrested and is now safely lodged in jail at Franklin. He was captured near Girard Pennsylvania by two Railroad men who knew him and they received the Reward offered for his a on tuesday night the Foreman of Staples Mill at Stillwater Minnesota named Charles Roberts attempted to fill a kerosene lamp while it was burning. The lamp exploded setting fire to the Oil can which contained a gallon and a half of kerosene. The fiery liquid enveloped Roberts burning him terribly. He was still alive at last accounts. Adolph Thiers said recently in a conversation with a German savant who publishes an account of Tho interview that France had been disgraced by her attitude toward the United 8tates during the slaveholders rebellion Aud that be was fearful the Washington Cabinet would revenge itself sooner or later upon France. The Bill providing for biennial sessions of territorial Legislatures was considered yesterday by the Senate committee on territories and the chairman was authorized to report favourably thereon. This Bill fixes the salaries of governors of territories at $2,500 per annul. Keyes the husband of the woman who was murdered at Stewartsville new Jersey last year was run Over by the cars on the Morris and Essex Railroad the other Day and had his legs and one Arm out off. It is rumoured that he has since confessed to the murder of his wife. A letter from senator Grimes at Bath says his health is almost wholly restored. He has gained in flesh and does not difficulty in using his limbs. He does not propose returning to the Senate this session but will shortly leave for Bis Home in Iowa. In the Senate territorial committee yesterday or. Bowl Era a Bill providing for the election of governors and secretaries of the Terri tories by the people was Laid Over for Thi session. The pavement James White sergeant of police testified that he. ,. Had a Cortor Sadioa with Graham after he had been Large Force has been placed at work on the at Tiow Jeanj Soldier do we need the reestablishment of civil government in seven of the Southern states during the past week and the abolishment of the military Rule under which they have been held for the last three years will relieve a considerable number of troops from service in the South. For the future order will be maintained in those states by the state governments. In Caso of necessity they Are empowered to Call upon the president of the United states for military assistance. There is no More likelihood however of troops being needed in Arkansas or Carolina than in new York or Pennsylvania. The Southern states Are As orderly and Placid As the Northern states. The state authorities of the South Are As fully determined As those of Tho North to maintain peace and the supremacy of Law. There is in fact no More necessity for Federal troops in one Section than in another. We suppose therefore that general Grant will exercise Tho Power he possesses of reducing the army and thereby reducing its most to the country and the taxation it requires from the people. When it was proposed in Congress some months ago to reduce the number of regiments in the service general Grant appealed against the measure and showed that by a Law already in existence the Power Lay in his hands to reduce the number of troops very largely by reducing to a minimum the number of men in each of the regiments. He asked Congress to retain the present number of regiments but promised to take speedy Steps toward diminishing Trio number of enlisted men. We considered the suggestion a Good one. It is Well to maintain a respectable number of regimental organizations which can be filled up to the maximum strength at Short notice in Case of necessity. Congress took this View of the matter and nothing was done in the Way of reducing the number of regiments in the service. The present Force of our regular army is about soon Mon. Secretary Schofield lately transited to the committee on military affairs a statement of the estimated diminution of the army by expiration of term of service death and desertion up to january 1, 1869, and july 1, of the same year As follows cavalry to january 1, 1869. Cavalry to july 1,1869�?artillery to january 1, 1869.r i a a artillery to july 1, 1869.-.uf infantry to january l. 1869.12,096 infantry to july 1, 1869.-1,002 should no further enlistments to made Tho number of enlisted men of the three Amis in the service will t a on Trio Damp pcs Ifor Chaij io1io\n a cavalry january 1,1869.5,456 cavalry july i 1869. 3,224 artillery january 1,18691. 3,581 artillery july 1,1869l 2,210 infantry january 1, 1869l.30,631 infantry july 1,1869.j�?11,725 now we consider that under Tho present state of affairs with the present expenses of our government and the heavy burdens of taxation this is too Large an army. We think the country would very Well afford to reduce it by Twenty thousand men. It is nearly four tiniest larger than our old regular army while its duties Aro Little More now than they were ten years ago. As it appears we need but a Small Force now in the South we need very few on the Western Plains and we need none to keep the fenian in Check. Why not then Cut off $10,000,000 from Tho Public burdens by quickly reducing the army

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