V<*tcr ft'lW B? II OCB 1 UO J IN HBO CWULUrONBBHCK. Rio J.UOWO, Dm. 23, 1854. Navigation qf tAe J ma;on ? Opposition of Brazil ? ii he Ciatmu a Jtigkt <>/ Way? threatened War with i'ara gu ay ? Sailing oj the Brazil Squadron ? Coffee Mar ket, <e. I improve a few spare momenta to Veep tuy country men, fUll under the glorious hUxh and stripes, posted up in the movements in this part of tUe world. I have just purchaned a pamphlet written and publish ed agaiast the " English- American," F. Maury, as he is aalled here, who dared to reeommend the free navigation of the Amazon river, which I forward to you. It has ?lee keen published in the Journal qf Commerce of thia city, and flrasil is fully satis led that they have proven that no one can navigate that river hut people of their ?wa empire. And they now show every disposition to navigate the head waters of the dame river into the Po ravian territory, and prevent the right of way into those rish lands where their Sag never has and never will be permitted to wave, as belonging to them. I am a friend to Brazil and her interests, and dislike to differ with them on this pilot, which is now agitating all parts of the world, as to Brazil's right to olaim exclusive control ?ver this inland sea, (whose coasts or banks are owned hy some sis different nations,) when the natual produce invitee all people there to develop her hidden wealth, sad she calls for a million hands to cultivate and collect her India rubber and medicinal plants. They claim this exclusive right at a time when they have a larger Held for enterprise and profitable invest ment of capital than the limited number of inhabitants and little capital ran grasp and hold. Therefore, what poor policy it is to shut out foreign trade and naviga tion I The company, under their new privilege#; and with the capital which this empire is o give them, will, no I doabt, do much towards dwvelopinjr the great resources of a new world which is ripe for settlers and investment. I could write a volume cn this interesting subject. 1 forward the Courier Mercantile of the 16th, 20th and U3d, in which are three articles, originally published in Montevideo, showing the views of that republic on the ussumed claim* that Brazil has set up. I also forward the Mercantile of the 22d, in whloh is a reirespoadence In relation to Paraguay, and the que9t:on ?f Mr. Hopkins, which is published in full, showing that Braiil is entirely in favor of Mr. Hopkins, and csnsures lop *i is the extreme There Is no doubt in my opinion, but that a war will soon break out bet woo n Brazil ami Paraguay. Iam sure that thh imperial government is too high minded to subnrt to the insult that Paraguay has given it, A part of the Brazilian aqua Iron has nailed, and it is rumored that eight more vessel i are about to ft tart with some of the troops of the line. These vessels are to go to-morrow. A steamer has just arrived from Lisboa. It Is a small war steamer, belonging to Paraguay, and has ou bond a sen of Lopez, the President of Paraguay. About 180,000 bags of coffee have been sold for expor tation since the first of this month. About 100,000 bags are for the United Slates. Prices are as quoted in my last. I have not time to prepare a shipping list, but American shipping is well represented In port. F. H. S. Political Intelligence. LWrra FROM SENATOR WILSON, OF MASSACHCSKTrS -HI? OPINION ON KNOW NOTHINOISM, 8TATR RIGHTS, 8LAVBHY AND TUI DMHEB LAW. The following lotter wu written to the editor of tte Know Nothing organ in Washington, in auawer to cer tela questions /O" . Skn*th CmMnim, Fob. 19 1855 ? l eUST 7?nr iD1uiriefl will bo brief and explicit ?>i?n ? ' .rfc'/K 1110 doctrine of Slate righta in its St:erT(r7' " ?eU to "V otw^rof iSa* - a&SrSa* rntasai {tfsas !?& EWSSWr' ?" .. ass a ?y a l"gg ?ot.Lb,^,th.Cnnuf0XnUfrfk,?.n ln lU"8acha<?U doe. regulation of wUh 't wa.0ff?S tb',so for the -J*! P*0^ y.MA'WohnietH hate fixed opinion* in SffillSffli? ^ ^--e^iurer^ ' k.Tt!^l"toriUU> tb? ?0Bt profound oonviotkm that the ' ir tfc? **." 0f V*? ecjotry, and the highest in >n.J.^e 'V. <^0*41 that the ?,? ? with responsibility'*-^ ** s" (oanMUon 1 .ffJSi 2 Tf1*' and th*t disturbing ) r^T?rr eiilrt? 1 10 **? poof'le of the St ites whero suedo?>??7 ^ ,!? imP?9e th??? conviction, aad opinions upon their fellow citizens of o'ber State* te lwoaeribe them for not fully concurring in tho.s ' ) tU^ o'r 4 op'n ?H, they will submit to no diota thJTcouS? *"J y 0f or ,ection of j oJiJi? ^ff,Vop from Massachusetts, thill claim Tor the j ffin Jh. a!Lth* rreoJ,,m ?f "Iterance. ftssfssa?' to vSiriiij'" p~1'" " MflnNOI WTNSTO.V. OF ItiBVMA . ANNOt NCE^ ^HI BKLF A CANDIDATE FOR RE ELECTION. Governor John A. Winiton, of Alabimi, in the follow letter define* hii position on certain questions, and I announces himself a candid ?te for re election :? _ _ . M01111.R, Jan. 22. 1855. Jfw"'w ha" b#en * tinu> when 1 was "Ot ready to 1 abide the known wishes of the democratic party, so* far I ?a I might be personally concerned; but ho far us 1 hive 1 Men able to observe the expressions of the wishes of the I democracy of Alabama, both through the pre?s ami fro a I !?ri^;n-^COnrr,W'th,the l>t0Pl#. 14 lla? been in fa Tor ' * * candidate for ro-eiection, in a.-cordancj I with the general usage and custom of the psrtv, ? TwonkT, Mlconcti.C, .h?T? Afifrvrng' the wishes ?1 a Urge majority of the party by .lcmandin/ a call of 1 a convention, or acceding to a demand made by a few j Wen 1 professing to be organs of tba democratic party, who, by the slanderous abuse they hare heaped upon 1 ?se, show that they would not support me if I should be again presented as a candidate to the freemen of Alaba 1 ?na. If I believ< d it was not in accordance with the sen I tlmenta of the democracy of the Stutj, I woull not be a I c&aoiaate. The only qne?tion I ara aware of ou which there ex- | *eUa dilwr^Bce of opinion, is the endorsement or Utae ! ?a the part of the i State of bond * to build ratlroTta. i 7*?"5h. ~"7 ^ democrats faror such a iK)licy, I am , bound to bertere that a majority, not only of the demo cratle party, but of the whig*, too, oppose that policy. I ^lrrr;'^tbJ,t,Mi^ nnt ??. why have tte people not elected members to the Legislature t> px*i the law authorizing the bond j>olicy r A bare majority **? T* tbe E"cutive \oto. I huveretood Kflth'h^M an,i I, a m>re majority of g| Jg*** ba,,? i: oyer my head, unless I n?<l been able to hare presented verv convincing and co ?ent reasons against the same. ' | Allow me t? repeat, that 1 would not have permitted my rriendt of the democntl" press to have placed my name before the people of the State If I believed ai.y considerable number of onr party was opposed to thit 1 course. When 1 eutered public life 1 was crafted into H1? seivice? the people have never given me a discharge, mil with renewed auursnces of conBdence they have continued me in the wrfioe. When I believe it to bo I Jm reUre, 1 "m assure,! of thit ">zrl<" ?n.l the defender of their r%hta and Interest. Conscious or no motive but the honor and prosperity of tbe bdoved land of mv nitivitv I feel assured of a continuance of pub.lc approbai^n '' JOHN A. WIN'S ros. . ?ON. M. F. GENTRY A CANDIDATE FOR GOV EH SOU OK TENNB98EE. Bon. Meredith P. Gentry his written tbe fallowing <?hort letter, addressed to the people of Tennessee ? ? . , 1 <? .v Uni-*,DK> Bedford Co. Feb. 12, 1S55. Urateful for tbe generous sent, menu expressed for me ui the nawrpapeis and in private letters, I deem it my ? i?.r*!,>0?5 by ""'PWtl'ully announciug that I ;?m a 0lBc* ofOo**??or of Tennessee at the next election H j?^ QgisTTflY OnL Jordni Stokes of Wilaon eounty, Is spoken of as likely to be the whig nominee K*v?l Intelllf^eiier. Fboii m BumiAN aqcaoms ? By the ship Chriaea, at Philadelphia, from Rio Jan?lro, December ii, we learn that the United State* flag ship Independence, for (he Pacifle, having undrrgone necessary rvpairs, would aai January 2. AU well on board. The Bag -hip Savaaliah Ooaamodore Salter, was pre pairing for a cruis- would l>? ready about the 14th of January? all well The store ahip Relief, Lieutenant Commindini llowan, was deliver ing steree, and would sail for the United 8Utesnl?iit the 16th of January. The sloop of war John Adaius, Com. Boutwell, sailed December 10, for Valpsralso The previous report that she remained there on the 20 th aaust have been an error. A seaman named Galiego. o the Independence, fell from the rigging overboard, an 1 waa unfortunately drowned His body had not been re revered The crew of the storeahip Supply, which arrived at thla port last week, were paid off and <U*charge I on Saturday. They numbered forty -Ave men. The frigate Sabine will be taken into the Naval Dry Do eh at Brooklyn, for competing, today. t'Nim SrsTKs srumm San J tcixm.?A letter from a gentleman on board this strainer, dated St. Thomas, January 21, aays the ship and eogima have performed well; but two blades of the propeller have been lost She with the o?e propeller, is able to maketen miles an hour' The^ vessel is expected to be in Philadelphia by the J5th Tn SratMir L*c inoto*, which art Ired here on *a ? urday afternoon, under command of dept. John J. Otas eon, it will be remembered sailed bene* June 14, 186.1, with presents for the Kuperor of Japan, compels mg ffrictitural implements a locoacotive, ten d?r, ear and circular railroad, and oth?r tiling, to propitiate that dignitary. She has Dmd absent about *nd durin* thl" tisss hait sailed at least f ,n,l6*? Tw0 deaths occurred on rP' *? ?' ?'?'el' *M an invalid from the CmPuin ?'m*oii aod his officer* and crew 2 have i enjoyed very good haalth dujtng the voyage. The "Jv* bo,!,# w" extremely boisterous on the coast, oujh no disaster has occurred to tbe vessel She was *"'n J0" by. steamtug about Ave mites ouUide ft rf s"e brought home fifteen sick seamen from the East India squadron. They have been went to the Naval Hospital. The following is a list of seventeen Jjj** ?* plants collected in China, aod shipped on boar<l the Lexington, consigned to the government of the United states: ? 4 plants of yellow or tea roses; 4 do. light red roaea; 4 do. pink roses ; 4 do. Ian fas or flower; 4 do. blue magnolia; 4 do. qui fas; 4 do. China grafted black rose*; 4 do. loco or small magnolia flower; 4 do Chin* yellow ?ram ; 4 do. bymnnnicaluH; 4 do. logan; 4 do. guavas: fruit; 4 do. loquat, fruit; 4 do. custard apple, fruit; 4 do. sweet whampee, fruit; 4 do. sweet caranbola, or China gooseberry; 4 do. acid carambola, or China goose w?y; 4 do. acid whampee; 4 do. pumbalos. fruit; 4 do. mangrees, fruit; 4 do. large mandarin oranges, lace Jti' 4 do. small mandarin oranges, lace skins; 4 do. China man<larin oranges, hard skins; 4 do. cumquat*. fruit; 4 do Urge yellow persimmon; 4 do. large round rose apples: 4 do Urge round red persimmon; 4 do. ?mall ronno red persimmon; 4 do. small myrtle; 4 do. jarge rose apple; 4 do. small long rose apple; 4 do. Zcnes, fruit and flower; 4 do papaya*, fruit; 4 do. Terr io lace skin mandarin orange; 16 do. black tea, tw<i varieties; 4 do. nondescript, blue lily; 4 do. red double head star liljr ? 4 do. China red lily many heads; 4 do. China yellow lily, many heads - 4 do. China single head white lay; 4 do. Cymbldium The following plants are inclosed in boxes:? 12 plants' nondescript, white small flower; 20 plants lemon irrass' i .ru,i?.n erJ0u?,\ '20 I,lanta 8>"all hymonn.oa uh; 20 plants yellow day lilly; 20 plant, Benjimln flow f/,', f Pi*nV ? V 1 plant round rose apple, Ififf'J */1 ?!!taa dat04; on? case containing a va | rittyof plants collected in Japan and in the island of r '? f Uo on? lar8? I-oo Choo plant not in r tubs of water lily; two cases, one of iu St H^ j ', ,v ,,other of 8Xotic PUatH from Ht. Helena, collected by Dr. James Morrow, agriculturist eni rtiti *n? The plants are in pretty good condition. A few of them withered and died on tho pa aagetfome. Captain Olasson also brought home Tth him a Chinese from Hong Kong. He is a florist Vnd Kardener and goeK to Washington to attend to the plants f ? ^ twenty years of age, and named Ooui He speaks English a little, which he learned on the voyage and says he is now an American. He was born at Can ton, and is tolerably good looking. Ta? Piiiiudiumiia Navv Yard.? The work uoon the steam frigate Wab ?*h is progressing steadily, though de Thif??' d,fllcaltJr Procunng white oau planking. the J^t^eNh'Vk " ^ruventa the fuitlment St lufy I * wbo un,'?t (Ok the delivery of the plank, but notwithstanding this the Navy Yard presents a cheering and bustling appearance. There have been Ihl^LiLi* if "VJn hundred work me J employed kl ? ?1 When it?l considered ImoB. il!!? *60'000 P?r m<>nth i? thus distributed industrious and deserving, tbe benefits de rived from the ahare of work that hat ricontly been as h? d'lP* Xavy Yar,) br the Repart *pprtciat<!<1-J ^ tw? 'ig?t ?hips in the lower ship house are far advtnced towards completion Itt kP, ?!f 1 of?De tas been commeuced, and the frame of the other is nearly flnished. The alcop-of war James town still lies at the wharf, bat will probably haul out Th ta"?orrow'1 Hsr sailing has been flxed fo cext Thursday. By an order received from the Navv Cepsrtment, which was approved by Commodore Stew' ?rt, ^e :blps and other refuse wood about the yard ha.ve been distributed among the deserving poor. Within tbe P'st two weeks nearly a hundred cart Cd, w^e d ?pos %i!2&SS%&"?Si, '"*? The L?te Contempt of Court. marine ooukt. Hon. Judge McCarthy presiding ; Hoc. Judge Phillips also on the bench. Fkb. 20.? The court room was densely crowded this morning long before 11 o'clock, by persons anxious to witness the result of the case of contempt with which the editors of the l\mu stand charge 1. The press mus tered strong; lawyers wet e there whose practise never brought them there before; government officials were on the t p-toe of expectation; non profes sionals were numerous, and looked anxious, and many, no doubt, thought that the jurisdiction of the Marine Court was still further extended and that some great divorce case, or a rich suit for critn. con., was on the tapis; but the moro numerous portion of the specta tors evidently came to tee what was to be done with the lapkss reporter who, in the exuberance of the moment p?nnid the paragraph which ho intended for wit, but wd toMem" couUn<ls' MUsenstrued luto riaiiulo ri1 ne7"?'clock "r0 c'crl[ ca?eJ TJivid Russell W. teed %!: ,! au,wer,d ' llore I" and his lawyer, Mr. Bui rtfll'louder .-HeAT ?r,U,0C Bure'" Mr. Busteed then said that Mr. l ee *u ? ui. I o ?5w 'r0U1 1? *1 about 2 o'clock yesterday, .. ~:Zai wax wrved on Ihyself ai aboui if o'cloca, calling upon bim (l*e) to attend before your RoiSOr #h?w cause, it aoy he has. why he should not be punlsh?l for contempt Id publishing in the Timet newspaper an articlo, Ac. On the last day, wbeo Mr. l^e appeared be lore your Honor, it was understood that interrogatories were to be propounded to h:m; that I was to be served with a cop,} on Monday, and that wo should return tho answrrs tf)n morn ng. I find tlie Court has changed the direction of the cour.te it intended to pursue, and whii'h ciicuiiistanee I wan not apprised of. I believe the other matters urisiDg out of this, (the case against the pub lisheis, Messrs. Raymond ?nn Harper,) stand adjourned of ,#r n'*dy t0 gn 00 w,th ,he ca<e of Mr Lee ithis morning, if your Honor direct it, or to JWWtfOM it nniu ^i!"rday, when aU tho cftfM can he disposed of together. Judge McCarthy? I have made up my mind not to pnt '"tirrogatories, the party having appeared un lor oath; but I desire to see if he has anything further to oiler in txplauation. As we have a very heavy raleadar to-day, which will occupy me to a late hour, and as on Hatuntay we have no jury canses. the case had better be postponed until Saturday, when I will bo ready to a.liu Oicafe finally on tho whole mutter. The case was then set down for twelve o'clock ou Sa turday next. Beforo Hon Judge McCarthy. Fill. 'iO.?Pdcr Sheridan agt, the New rork and Acw Uaven fiaiboad Ccmj/any.? Ibis was an action brought to recover damages from defendants for lnjnrles sull'ered by plaintiff's son ou the 27th October last. It appears that the boy, who is about iifteen years of age, was on his way, on the day in question, from the Fifth avenue and Tw. nty-Mxth street to Twenty fourth street and Second avenue. It further appeared in evidence, that the defendant* drive their earn on a track of ab?ut aoo feet long, running from Fourth avenue, along the north erly side of Twenty sixth street; that the hoy was pas* ing along and attunpttd to cross the street in the mid- i die of the block, in a ?pace of about twelve feet between I two cars, waen be was jammed In and severely Injured; he waa examined as a wiiness, and test-.fltd that he did rot know of the approach of any other cir at the time but that one earns up and struck some car behind those wLlch htarti d tlinu, and he was injured in consequence. There are no houses en either sido of tnc street, nor any croM walk where he attempted to cross. Defen-lant's compel moved for a non suit, on the ground that no ne gligence was rhowa on the part of the defendants ; that the bov had not u>ed proper care and attention on his ?art; that it was incumbcnt on his part to nhow aflirma ively nt gl ger.ee on part of defendants. After an argu ment the Couit granted the motion, aul non Miltel tb? plaintitf. Court of General Session*. Ik fore Hon. Judge Stuart. OKAND I. ARC L.N Y. Fm. 20. ? Mary McCorraick w?? Indictel for stealing ? gold watch, of the value of $80, and numerous articles of clothing, In a carpet bag, Irom her employer, William H. Van Marten, of Maspeth, I- I. Tho property being mi tied by the couiplaicant, the prisoner, who had lult his house surreptitiously. wai arrested on suspicion a aliort time afterward* la New York Sue then ailm it ted bir guilt. The dollies were found in a houee io Allen street, where slie realded, and the wntch discovered in a pawnbroker's shop, whore sbo had directed the ootn j plainant to look for it. Though tlio Offence wan commit ted in another county, this court had jurUdictlon. Inn* much iin the stolen property wa* brought it to the city 1 of New \c>rk by the prisoner. Verdict of guilty. Sen i kneed to two year* aud two months In the State prison. DISOBD1RT.T 1I0LSK8. 1 liralx th Capri n was indicted for keeping a disorder ' ly hou?e at No. Mercer street. Captain Turnbnll, Of | the Eighth w.nd police, and officer Austin, proved that | the defendant kept the houar. which was otio of ill fame, i frequented l.y giils who were lithe habit of enticing men to go in. Verdict of guilty, with a recommendation ' to the ore* of the court, on th* ground that no coin | plant* bad been uiado liy citizens in the neighborhood. Ill* Honor sentence J the prisoner to sixty days imprison - ' mcnt in the penitentiary, atd, in doing so, said that he was sati?(led that she hail been made (i scapi goat to shield offenders of a worse description. "If they," his Honor said "art brought before nr. I iliall punish them with the utmost severity permitted ?>y the statute " Catharine Hustcn n as charged with keeping a disor 1 i'ctly bouic in No 2 Jacob street, in the Fourth ward. ; tvveral officers proved that the placs was nolsv anil dis irderly. especially un Saturday nights andMindays. Men { congregated there in crowds, "and fighting, card playing, I art urinkiag w< te the order of the night. As one poliee , officer graphically expressed iiimielf, "? the air was m trie | hide' u- w.ththc crrtof drunken rosdl'-s." Another ' witness knew that card p'aying was carried on, because he heard repeated ?houts of "clubs is trumps." The I pri??n?r arr.itl.J l>. rself to be the bead of this delect i | ble establ.slinunt. In this case )iU Honor suspended judgment. ASSAULT WITH A KNIfY. Robert Brown, a seaman, wa* indicted for a>*aultin{, with intent tc kill, Wiilinm Jacobs, '..eeper of a seamen's boardinr house, No 1 Hamilton street. It appeared that on the evening of tlie li'.th of January, tie prison er, living at the time with complainant, wishmt to go out, but wa* prcventrl by the Utter, who said that lie (Drown) would oeily get drunk, and would not bo able to sail with his ship in the morning. The prisoner '.bare upen used much attentive language, wliicb ended in com plainant striking him over the face with mis open hand. Nothing further wa* said or dvne then . but an he?r af terwards. when the pertie* were at tea.tlu- prisoner rose without any Immediate provocation, and made a blow at Ue complainant with bis shiath knife, muttering. "Take this." The blow w*? simed at the breast, but the complainant reoeired it In hie arm. the bone of wkieh was splintered an.l otherwise uiuoh Injured. Verdict, guilty of an assault with a dangerous weapon. Mn*mr om hut*. [Fron the flr?t number of tM K?t York Mormon ] btcoe th's doctrine has been promulgated br us ae apart or oar religiose ciwd, every variety of opinio* has been expressed by Ben ia *11 oUases of society. It has beea talked about bf religious tad irreligious, profc wer and profane. It has oeen the theme is tne legislative hall, the pulpit, the bar room, and the press. P >lyf amy and the Mormons, tie Mormons aid pslvgseiy, baa ressanded every wbtie. A universal hue and cry baa gone throaga the length and breadth of the land, tron C illfornia to Texas, and from Louisiana to Maine. '? Tne cat ia no v cut of the hag"? Eartka! Eureka ! ! ww have found it. Onthia, our first issue, it may be e xpected that something shoald be said by us in relation to this matter. Tlds ?e undertake aa cheerfully aa toy other teak; lor we are not ashamed, here. In tlia, the great metropolis of America; this theatre of arte, KW nee, and oemmeree; this nucleus of intelli gence and ignoranoe, wisdom and folly, religion and It fidelity, virtue and vice, purity and correction; ia this city of gorgeous splendor and squalid miser? and want, to declare that we are polygamiata. We are not ashamed to proclaim to thia great nation; to rulers and people; to the Preaideut, Senators, Legislators, and Judges; to high and low, rich and poor, pneeta and people, that wo are Arm and coa ssientlous believers in polygamy; and that it la part aid parcel of our religious creed. We do this calmly, aertoualj, and understanding^; after due deliberation, careful examination, and ctose investi gation of its principles and bearings; religiously, socially, morally, physically, and politic! 1/, wa unLesltatiagly pronounce our ful: and imslioft faith in thiapiiaciple, aa emanating fro-n God, and that under bis dlKctlon It wonld be a blessing to the hu man family. We have not room to enter into the merits of this subject, ttie issue; but shall touca upon a few itens which circumstances tender necessary, anl leave the details for another time. We are awarw that strong prejudices exist in the minds of tbe gocd and virtuous, the h .nurtbls a id Lifih initdei of cor land, In relation to this subje it; and we thiiik we oan rei^cct and apjreo ate all such feelings, wiien honestly and candidly exp reaped. These are serious matters, pregnant with imporanee. and not to be trifltd with. Toey enter into the domestic circle and sinuate tham reives into all tne conditions and relstlonahlps of life, and theretcre demand the most serious, calm, and dispassionate coiBideratfon. Society is already corrupt enough, God knows; and to seek to tear down the flimsy barriers that so feebly guard our weak, rickety standard of morality, would be a thing to be deprecated by every henorabie mm. lhese things are not with us a ma ter ot thaory and speculation, nor a system of loathsome sensual gratification. We have higher aims and mo e ex altei views of the relationship ot man and wi/e; ano it pains us to aaeit'ue fountain of lire thus per verted and corrupted. We cannot without sympa thy behold man , who was created la tfce linage of God, to stand at the head ot creation, become a or.ffltte, degradtd balrg; and woman, iha^te, aniiful and lavely, deceived, crushed, bartered, beta ayed, femk in crime, a creature of aud for last; or view tke powers given of Gal to man for tie propagation of bis species, perverted ti debau hery acdlafcoiviousresr. with all Its rew'.ting, deadly, corrupt and damning effaote, without some regard fir ta.len humanity. Neither can we bthold wlti cnt emotion that body whioh Christiana expect to be the residence of their spirit in t ie resurrection of tne just, which cught to be pure, chaste, virtu ras and ncble, become polluted and degraded, a recap tacle cf disease ? the etfeots of tran^gresaioi ? un healthy, weak, emao'ated? a 1 ring, loathesome, crbwling DDas:? and children ioheiiting fiom their birth cistasea entailed by their parents "to the third ana fourth geicrations." We, ?b eternal belogs, believe in eternal laws, ccvenanta and unions, emanating from G id, and based upon purity at d virtue. Wo are not united only " until death do us part," but expect an eter nal onion in the eternal worlds, bawd uoon hvlog, intelligent eternal principles? our gospel, oar reli gion, oui cqjeranti and marriages. All oar ay.a re fer to this, and no one can detest the loathsome, de graded, corrupt, and miserable state of the world, in relation to lewdness, lassiviousness, adul ery, and cebaurhery, more t; an we do; anl were women treated with us es they are in thousands of instaacw here, it wculd cost a man his head. Tney muid find, aa in ancient Israel, more tnan one man who dare use " the jav lin." We aie not snrptised, ther , that men of reflection and viiiue, havi g a knowledge of tha world, should feel indignant at polygamy. They look upon it at something paideting to tbe brutal passions ot man; and from thasscecdlng low standard of virtue, can scarce conosive of anything but tasrtvlousaeas asso ciated with the Sex. We respect the coasoientious feelings of such men, for we koow that witn t'ielr ideas of such things tbey must bo extreme ly revolt ing ; b?t If? WftUd resp* tluliy ask B?C5 jper? >n? if iu? j ever seriously upon uie matter ? And, further, is tt pr? lodioe, education, aid the corrupt state of a ciety that has led them to thtse conclu alons, or matters of fact, deduced from S ripture, reason, hist try, or precedence? Did they ever think that Abraham, Jacob, David, 8olomon,anda host of other go. d men mentioned in the Scriptures, were polygamiata ? That the twelve tribes or " Israel, to wtom belonged the covenants, proaiisjs," Ac , de scended from four women , the wives of one maa. Did they ever rt fl?ct that those polygamists were more virtuous than this generation; ?n<l that for such thing* aa aie practiced here every day with impuuity ?adultery; a msn would be " stoned to death by all Israel?" Did tbey ever reflect that it might be pos sible for tbe I -oid to be unchangeable? That he bad not learred much from mau in a few thousand years; and that possibly he wa? not in error thin; and if not then, that the aame principles might pro bably be as oonoct now aa tbey were at that time? It is well for aa not to be too hasty. Did they ever reflect tbat Peter Bays there s>iall be a " restitution ot all thinge?" Did they ever think that there might be *.mething socially, morally, religiously and politically wrocg, wbiih leads to the amount of corruption that no n exists? If not, we woul l re commend them to pause and consider before they condemn. We wonld here state that this is a sub ject that baa attracted the attention of the viitaoaa aid good in alt agea. It is a subject that states men, philanthropists, and philosiphers have, in all countries, vainly endeavored to check, tor genera tions; and that princes, kings, prt-akents aad em percrs. have vat nit tried to remove. To chi ck this, legal enactments have bean made ? sometimes, as in England, licensing brothel houses; at other times, putting op before such places a lantern at the door, with " biruing shame'' written on it; sometimes, by the most stringent laws, with various penal enactments appended. Various legia'utive enactments have been made in Pinssia, Austria. France, and other continental nations. Hat what has it all resulted in? No thing. Co to England now, and you see thousands of poor, miserable, homeless outcasts, wandering about tbe streets, and seeking to drag out the rem nanta of a miserable existence by bartering their ? was I going to nay virtue ? Oh ! name it not ! It iatoo humiliating, oathsorae and degialing. In some of the leading cities of France these poor out casts have their own beafs on the sidewalk allotted to tbem; and in the aa^ of their dishonor (who are tbe purcbaaera in all these cases ?) will show their tickets like cabmen, or porters. In como of the citlts in Gtrmsny? take Hamburg, tor instance? tbey arc prohibited from going ab.nad profession ally, by law: but are located in c .rtain districts of the city, atd there tbey swarm by hundreds. Whole streets fnll may be aeon, bedecked and bcdiziocd, at windows, inviting parsers b;, and ofTrbg them selves for market. Need I mention the boarding how* and hotel accommodations bere in our own laud, and traoe matters of this knd from our sp'endld s ilooua aad pailora? through the streets? down to l-'ive Point* ? Are not these things all known ? I mi*ht h tra ask, whose are those unf irtunate children that our lalies have been seeklog out. and feeding and clothing lately a 1th such laudable benevolence? And far ther, where do oar inula* toe. s oorae from ? But we must s'-op; we have gone far enough ; the pfctare wculd be too dark. It was necessary to lift the cnitain a litde; but presence, propnsty, and decency says, let it fall. We would just remark tbat philosophy, morality, law, and Cnlstlnnlty, as now taugat, h?ve signally failed to st ip this mon strons social and moral evil. The present state of tt-e world proves t'eir incotnpe'ency. T.?e L rd's way, as practiced bv ancient men of God ? the "Restitution"? aa lately rcvta.cd we think will stop It among oa. FINANCIAL AND COMMERCIAL. MOKKV IIAIIKKT. Tpbsdat, Fab. '20 -6 P. K. At the opt ning cf the market tbw corning then ? strosger d spciitinn to sell than to l>uy any of the fancies, and prices were therefore tblged to give way. The transactions were not large. At tbe fust b iard, Eric Bonds, 1875, fell off j per cent; ' Il ltois Central Botdi.lA; New York Central 7'a( | Nica:aflua, 4; Cnmbedacd Coal, |; PenaayhauU Coal, 4; New Yoik Central Railroad, 4; IlliboU Cas ual Ral toad, i; Galena ani Chicago RVLrou). 4; Cleveland atd Toledo R?Uu>ai, j; Harlem, 4; Hudaoi Riilroad, 4* Toe gfeate3t decline was la film lis Cen txal Bonds, and iieleca acd Chicago 11 ulr^ad. Tne bond* aid stooka of the Western railroad companies bare been loatalncd wonderfully Jawlj, bat the Urn* to coming when their trao value will be better nndei stood- Tbe decline la Reading Rtklroad la rather an enigaa, la view of its position and proa peel a. Compared with any other r.ilrotd in the country, ite < arairgs, both groee and net, show a larger per oent on capital; and therefore, ?o tar m tb? market value of the stock la omoerned, it should lead all other*. The company baa paid In dlvL dtncU on ita preferred stock, from July, 1849, to January, 1866, inclusive, forty-one and a half per cent, and In dividends on ita oommon stock, fro ? July, 1847, to January, 1866, inclusive, seventy and a Half per cant, par . Is oaah and part in stosk The sum of $100,000 ia taken annual'y from the net earnings of the company, to purchase the bo ads issued on the debt, and oommon stock is given, as a dividend, to the stockholders, aa a substitute for the bonds cancelled, ao that the aggregate of capital and loans la not increased. This prlnolple is in the sain correct We do not approve ol dividends being paid in stock, without some equivalent? without something to show for it in additional rolling power or property neoeaaary for the better operation of the road ; but n here bonds are paid , and the debAo much reduced, the issue of stock cannot bi objected to. In this way the coat will ultimately bs entirely repre sented by stock, which ia the true and legitimate position for every Incorporated company to oocupy. It is the enormous indebtedness of the E ,-ie Riilroad which must in the end extinguish the stock, by ab sorbing ever y dollar of net earnings. In judging of the value of a railroad atock, the actual groae in. come or actual cot t ia the beet criterion to go by. It ia a fixed fact that any railroad company, with a gross income not leas than twenty per cent on coat, can psy a dividend of about aeven per oent, If tbe cost is represented entirely by stock; but where a large portUn of the cost Is represents! by bonds bearing seven par cmt interest, and the gross income dots not amount to more than fif teen per oent on cost, all dividends paid above two or three per cent per annum must come from some other source than the net earnings. The Utica and Bihenectady Railroad Company In 1862 earned 204 P? cent on ita coat, and enormous dividends were paid out of these earnings to the stockholders. At the time (1863) of the consolidation of the roata forming the line through thia Stat*, known as the New York Cen tral, the stock of the Utica and Schenectady was selling at 152 per cent. In 1864 the gross earnings of the Reading Railroad Company amounted to 204 per cent on its oost, and the stock at the cloee of that y* ar was selling at 72 per cent-less than one half a* the Utica and Schenectady, upon a larger per cent gross lnoome on cost. The Inference drawn from tb< se facts cannot be otherwise than favorable to tbe Reading aa an investment at present prices. The upward movement In Harlem waa too rapid and upon too weak a foundation t? be sustained. The report reoently made ia enough, we should think, to deter outsiders from touching the stock at anything Ske eurreit rates. At tbe seoond board prices for some of the fancies advanced a fraction, but the market on the whole v sa heavy. Many of the purchases were by the shorts, for delivery on matured contracts. Cumber land Coal advanced 4 por cent; Erie Railroad, 1; Hudson Rai road, J. Nicaragua Transit fell off | per cent; New York Central Railroad, 4; Harlem, 4; Erie Bonds, 1876, 4; IUlaols Central Rulroad, i; Panama Railroad, 2; Erie Bonds, 1871, 4- The up. ward movement in Panama was a pretty sharp, but a short one. It has fallen within a few days s?ven per cent from the highest point. Reading Rill road waa more aotive this afternoon. It will take a start ore of these days that will startle some b0Toe following telegraphic despatch was received in town tc-day. It speaks for itaelf St. Lot is, l ob . 19, 1855. ?W. T. Column, Esq., Nsw York:? We rtinmed to-day ; the deposltes are about three hundred thousand, and cheek* one hundred and thirty fire thousand. AU moving well. PAGE & BACON. It is leported that the steamship Atlantic, from this port for Liverpool tomorrow, will take out between twelve and thirteen huadred thousand doL lsrs is specie, and that tbe steamer on Baturd vy 1st Southampton will take out a very large sum. The total thlpaeiit far the week will considerably ex ceed a million and a half of dollars. The demand or sterling exchange to day was limited, with a moderate supply. We quote bills on London at 9J a 9.J per cent premium. lie transactions at the Ass' stint Treasurer's of fice to day were as follows Beceltfd j? Payments J*' Paid for Assay Office li?'?? m Balance 4,444,778 4U The, receipts of the Erie Railroad Company for tbe month cf January, 1856, amounted to 1427 ,33G 78, against $337,232 66 for the corresponding month last year, showing an increase of $90,104 22. The eat nings of tbe first four months of the present fls al jear, compared with thoee for the same time In the pievi'ns yar, show an increase of $190,227. It will be seen that nearly one-half of this aggregate in crease was In the receipts for the month of January. The average Increase for the previous three months was only about $25,000 each. The cause of the large receipts in Jacuary this year, compared with the same month last, can be found In the interrup ts n to travel in Jatuary, 1854, on account of tbe troubles at Erie. During the waole of that month there waa no connection with Ws stern roads, and both passengers and freight were compelled to seek other channels of transportation. This year there has betn no difficulty; hence the great difference in earnings. The Milwaukie and Missisiippi Railroad Company have declared a stock dividend of 10 per cent oat of tir-e profits of tte last year. Tie Hampshire Coal and Iron Company officially ant ounces that it haa disposed of all its surplus stock, with which it has paid off every debt, and that its coal estate of 11,000 acres of land, with all works complete, is without any incumbrance. The con mittee to whom was referred so mosh of the Governor's message as related to the banks for savings, has reported tbe following bill in the As sembly:? A.i Ait 10 Roth a 15 Bank* ok Ihscs ani> Dktost /hom A'TIXO AH SAVIXUS BAAIUI. ft c. 1. From anil after the paaaago of thin act, it shall not bo lawful lor any bank or Individual banker .nilho rircd to ia*ue circulating notea by ths law* of thin State, to advertlis or put forth a nlgn ua a aavlnga bank, or ia an> way to aollclt depoalta ai a aavinga bank. fee. <f. Any bank or individual banker offending against tbo provitlona of thta act ahall forfeit and pay for every Mich oil 'nee the rum of on* hundred dollara, aoit the like i-uni of one hundred dollara for ever f day auch of fence i hall to continued, to be aued for aitf recovered in any court having cognhance thereof ; o? half thereof to lb* uae ol tbe crmplitlnaiit, and the offer half to the u?i> of the poor of the towu or city In which auch offence rhall be committed. The isctipts of the Norwich and Worcester Rail road Company in January, 1856, amounted to $18, 167, against $2'i,0:<0 for I'm sa<ne month lait year, showirg a dee ease of $3,923 this year. The earnings and expenditures of the Manchester and Lawrence Rtilroad Company for tbe eleven months ending N .v. 30, 1854, were as annexed:? MA.trim-IKIl AMD I.IWKLVI RAILROAD. Urosaean>inf a $149,070 iW Amount racelved froin aaaoclated roada ... 18.I5S 20 Total tiin.aw sa I xp?na*a 903,000 5 1 Inaurauoe and Taiva 6,041 fS inlernt 13,001 33 ? till, 603 S3 Net incoms for 11 mouths $M,ft76 00 Tbe liabilities of the onmpmy ooniist of $200,808 68 in notea payable and other claims, making up a total of $224,666 44; the assets amonnt to $69,478 39 ?leaving a balance of liiblli tuof |1C5,087 06. Tbe amount charged to lorwirnction aecount la $971,613 69 an excess ol fl7lJJ3 69 ever tbe capital; and it iststlmaUd that $20,9 16 02 will be all tbe increase octcfsary to complete this account. To pay off the floating deot the directors recommend the issue of $100,000 eon vet tible bonds, and $100,000 new on veitible bonds; the foimer to be paid offtn instal ncenta of $12,500, and the latter In lnatalm?nta of $20 000 annually, and to be mads convertible, if per mission cam be obtained from the I legislate re to la crease the capital stock of the company to that avount. The 'warrants entered at the Treasury Depart ment. Waahiagton, on the 17th fcs*., were:? I For the redemption of stock Sh 04 For the eo.toms 3,dl0 ? For the War Department 3.?^ " For repaying in the War Department 2.W4 f For repaj ing in the Interior Department 810 w) Appropriation warrant of the Interior Depart ment rewired and enters * For tlie Nary Department 35?'i?I; J? Covering into tre??ury from mil. ijuroei.... The Londoo Tim** of the 2d Instant contains an article of a very suggesMve character, upon the sub ject of the preoariousness of American securities, b / reason of the taint of usury which may be snppossi to attach to them. This is, Indeed, a subject of very sericua consideration to capitalists, and it is not a little surprising that the absorbing thirst of fain should heretofore have operated to blind the eyes of the eager money breeder to a danger io great and imminent. The biilliant promise of cent per cent shines before him with a lustre so dazzling that be does not see yawnii g beneath him, even at his very feet, the fearful chasm, capable of swallowing up principal as well as Interest, of bis fondly cherished investments. By the laws of several States of our Union, various penalties are affixed to usurious con tracts; but none are more severe and mercileas than those of New York. Here, usury is made a criminal offence by statute, and the parties to a usurious con' tract are amenable to indictment and punishment as criminal offenders. Here, a contract tainted with usury in its inception, is absolutely void, into whoee hand soever it may subsequently pass. A contract made in New York, by which It is agreed that any greater sum than seven per cent per annum shall be lesetved or retained, direetly or Indirectly, for the use of money, hss no legal vitality whatever. Nj suit can be sustained upon it in any court, anywhere, bccauss the oontract contfMs its construction; and the entire sum loaned, principal as well as interest, is forever forfeited and lost. Now, let us, by wsy of illustration, make an in stinctive application of this subject to the securi ties, (for instance) of the Illinois Central Railroad and toe New York and Erie Riilroad Companies. These companies have entered Into contracts with various parties fo{ the loaning of moneys, in pursuance of which, and In consideration of the loans made, they have executed and delivered their bonds or obligations, payable at a future day, with interest at the rate of seven per cent per annnm, I a j able semi-annual ly, to the extent of some forty million of dollsis. These contracts are all made In New York, dated In New York, and to be executed in New York. They are, therefore, governed by the kws of New York. In order to obtain from the capitalist the nronejs required, these companies have consented to a deduction, and In many in stances to a very large deduction, from the amount of the bond or obligation given. Indeed, upon the laat loan of 13,000,000 made to, or advertised for by the Illinois Central Railroad Compaiy, they boldly proposed, by publication In the papers here? with the pains and penalties of the usury statutes staling tbem in the face ? to execute ?nd deliver their bonds or obligations, promising to pay the sum of 11.000, In six years, with Interest at tie rate of seven per cent per annum, payable semiannually, to each person who would loan them $700. In other words, the agreement was to pay, in addition to the lawful interest upon the sum borrowed, the enormous sum of $900,000, and lawful Interest upon that sum, too, for the use of $2,100,000 far six years. In pursuance of this agree ment, the bonds have been made and issued, so f*r as have been made; and In pursuance ot like agreements, though perhaps not to the same ruin ously usurious ex'ent, the previous bonds of the company have been made and issued. Now, these bonds are all vold-ntterly voli? without the slightest legal validity whatever, incapable of being enforced by suit In any court, here or elsewhere. They are mere waste paper in the hands of th>5 holders, hewever innocent they may bs of all know ledge of the nsnrions taint upon the contract at Its inception. Bo far as the slightest legal value is con cerned, these faciei aeouritiei, heretofore so esgcrly sought for, and so fondly cherished, are no more than bo much blstk paper. This may be a startling jropotitton.but it is, neveriheless, strictly and literally tine? true In its whole length and breadth, without qualification or limitation. It can not be denied, and It would be criminally dishonest ? o attempt to conceal it. . When we tee a railroad corporation Indebted to an amount exoeedlng twenty millions of dollars snd this snm Increasing each y ear by one million four bundled tbousard dollars as the mere accumn lation of interest? having a read not yet completed -and though completed, Incapable of paying even the expenses of its operation for years to eome, owing to the stubborn fact that it traverses, through its whole extent, an uncultivated, uninhabited re giot? having nothing ?ave a la.ded property convertible Into cash, and not at any future time, or under the most favorable circum stances, capable cf being made to liquidate . but a small portion of its liabilities-he must be wilfuny blind who fails to discern for such a company the lowering proximity of the day of trial "d isaster, of exhausted resouices and shattered credit, of non paj ment, bankiuptcy and repudiation. Tbe legal effect of a usurious taint upon the con. tracts and obligation of " quite confident, cannot be understood in Europe at all. Indeed, even here they icem fobebutpw t tally and lmpe-fectly recognized. If capitalists abroad or at borne are willing to Hud theit money in reliance solely upon the bonor of the borrower that It shall be returned to them, ao be it; but let them cot be deluded with the belief that they poeci ss legal obligation* capable of being enforced in a court of justice. Simple justice, fair dealing, and common honesty, requ're that th^y ?boo id bs made to understand the precise nature of the securities which they bold, so that when they turn to ashes in their grasp, they may hire uo just occasion to ariaign aught but their own blind credulity as the true and sufficient cause Of the Iocs of their Investments. If, on the othmr band, they oetire, (as we venture to suppose may not be unlikely,) when they place these securities among their strong box treasures, to possess the convic'ion that they are securities which the lava of the land will upheld and ite courts will enforce, we trust that they will uot fail to beome fully ap prized, as cs ential requisites to that oonvlction: First, of tbe manrer la which " the law of th$ place of tbe cct tract" regards and disposes of that contract, if It be n?urione; aid second, of the pre ci?e facts incident to thfc contract at its actual in ception, tending to show, either conclusively or pre sumptively, that the contract was mido in violation ol the usury laws. The President of the Cumberland Cjal and Iron Company baa submitted to tbe stockholders the fol lowing letter from A. U. Storm in, Esq., who, after the moat careful investigation anu elaborate experi ments, baa given the result In as condensed a form as prselbk. The importance of this discovery and the vsst Interests Involved, ixiduocs ns to give the report at length: - New York, t>b. 14, 1865. A. llrawmrr, Fsq., Preaiieat of the I umberland Oosl ? ?id Iron CompiBj -l'lr ? la complying with the nqgMt to ^ hit tbe mlnea of your coatpany, and aacertain th* (set* In the rumored discovery of valuable Iron or* on ; tbe landa of the compear, I have the bonor to report ? that Mr T. Hlood|(ooil and myaalf left tbla city on the ltftb Jau . and arrived *t tba ulnae oo tbe following *v? iiing; in tbe SM, (Monday,) we commenoed our Invest! - (at ion*. Before pr ceediag. however, I cannot omit to eii>rcM tbe agreeable anrpriaa felt on finding tb* "coal Atld, ' iaatead of a rough, nioantainou* and aterile r? gion. pretested a gently undulating ?ur<ace of rich ag ricultural land. h autlfullj dlveraiSed with pat?b** of woodlan*!, meadow, - and grain flelda for mile* in extent t ader tbia pleasing exterior Ilea tb* great fourteen foot vc n <t (oal. At th* foot of a bill or gentl* alop*, a few yard* from tbe tompiDj x principal depot and railroad atation, ac < < mpnnied by t Ite Intelligent and efficient anperinten dent, Mr. Heiiderion. we entered the Eekhait mint. Alter advancing a few yarda we entered th* great v*in of coal, whieh li*a immediately on a b*.l of dark alat*, or abale, the whole Said pi Men ting the ainguUr feature cf an imsaens* trough, the centre (longitadlnally) being earved dowtswarda to a coaaideratle degree, like an inverted arah, while the surface preaeat a ao evidence of a eorrea ponding (lepreaaion. Purniiag the main gatkry, bearing to tbe left oa a g*atly ateeadlaf grade, we examined aevaral tbeaaaad yards ia extant; ud ascertaining by ths frequent " fall* " ia the roat of the ehiabtrt ud nlkilN, that tbe entire mine >u covered by aa overlie or bod Of dark grev stone, resting d'roctly upon the groat rein of eoal, ?ad extending upward to the thicknaas of treaty foot. Immense dumi of this atone bad fallen ia different parte of the mine, and tome of the fragment! from theeo mssses were osamined aad found to ooataia unmistaka able evidences of tho pretence of iron in their compo iltioa. A convenient petition waa therefore chosen, whero th? roof in one of the chambers had fallen, forming a "dome-like" ceiling, from twelve to Bfteen feethlgb, exposing, on ita sides, a vertical section to that bedght, ?nd affording a good opportunity of examining tho mate rial in titue, from wbich it appeared to lie in Irregular and imperfectly defined at rata, much divldod by saaau, and extremely liable to fall, (where it waa not wall secured by propazin irregular, triangular aad obloac masses, of from tbree to twelve inobea tblck; ita cleave age Imperfect, and fracture generally of a dark-gray (ap proaching to black) stonay appearand, with thin. streaks of lighter (bade, some, however, preeeatlni a fracture of light-grey, with minute specks of metallic brightness. Tbe density and weight or the wholo being such as to indnce the belief that this entire mass or "aver' lie," was compt sed of tbat peculiar iron-bearing stone, kno*n as 1 black band." but want of familiarity with this, to us, new kind of ore. and tbe extreme difflculty of determining its charaoter from Ita external appearaaco, Induced us to measuie and number the s tveral strata, (the markinga being sufficiently distinct to afford aa ap proximate measurement or thickness, &c.) commencing at the baao or coal vein, as follows, viz. : ? N?- 1, one foot thick, No. 6, five inches thick, 2. two feet thick, ?' 0 two feet thick, 3. ? * fc?t thick. <? 7, two feet thick, inches thick, ? 8, six feet thick. 1 .? o ? submitted samples of six of the above, viz. I. ' ' 5' 7 M,<1 8? 10 J*?** R. Chilton, M. D., of this city, and obtained their analysis as early as possible, tbe result of whleh you will see by his certificate hereto annexed. We aUo found at this mine about twenty fathoms above the great vein of coal, another " out crop ping belt of ire n stono, of about two feet in thickness, oompeteo of "nodule*" intermingled with a lirht brown c|ivor ehal* The analvsifl of thi? ore will be No "ll certificate of Dr. Chilton, under the head of We followed the galleries and chambers of this mine through several thousand yards in extent, and found the roof uniformly comp. sed of the same material, rest ing dft-cctly en the great vein of coal, and the "talk" *7"7? 1? Pre??,ting identical charactertifcs in eolor stratification thick ne-s, ke , with those of the "Eek j from which I hiw no hesitation in man) log that this iron stone forms tbe next geological series above, and is co extensive with, the great vein of eaal of the * rostburg region When compared ? ith tbe black band iron stone of Scotland, tbe description of a large portion of the overlie in tbe Cumberland mines would be striklugly similar almost identical in all, save in sxtent. The three richest strata already stated present an aggregate thickneaa of not lets than Ave feet, whilst the thickest vein or bed found in Scotland, as far aa I hare been able to learn does not exceed sixteen inches. Two of the important veins of this iron stone found in Scotland, and worked with great frofit, are situate in the parish of Old Monk land, and known as the "Alrdrlc Mines," one of which is only six inches thick, and yields from 20 to 21 per cent . i10?*' other t,,n lncte* thick, and yields from to 3.j per cent of iron. The two mofit important reins are found on tbe "Dryden estate," near Edloburg, one or which is fourteen inches thick, and yieMs 26.3 par c? w0f Aron; ?nd the other lB *'<teen inchei thick, aad iteil" iSiUy C*nt ?' lr?n' (Sc? Mu,het oa Iroa and One of the peculiar features of this spades or iron stone, is tbe facility wits which it ia torreflei or roasted and produces from the stone, of apparently a verv low per centage of iron, a v?ry rich ore. Heveral tests of this kind made at your Company's mines afforded strong evidence that nearly the entire ? " of stone overlaying the "great eoal vein" may be advan tageously used. From experiments and observations I am convlnead that this vein will be found practically the richest, as it is vastly tbe most extensive or the kind known. Permit me, therefore, in conclusion, to congratulate your company upon their possessing not only the finest and most accessible vein otcoal in this country, but also unon the discovery or this truly Herculean bed of iron, wlncb must sdd almost incalculable wealth to their a* ready rich possessions. The ret nit of the analjiU of the s&mpl<i of clay, iron ores, pjritona slate. &c., was u fo!ljw?:? Na. 1 contained 42.38 pe' ?nt In 100. Nj. 2, 23.81 In 100. No. 3, 4.89 la 100. No. 6, 33.60 in 100. No. 7, 9.10 In 100. Nj. 8, 9.57 In 100. No. 11, 25.20 in 100. Stock Exchange. TCKSDAT.Feb. 20, 1S55. S,bI? 6 ?' 75- ? ? 104 50 shs N V CenHfLc 03* 10C0 Virginia ???.. s3 05* 6? do s30 93? lOt 0 liar 1st M bs..s3 90 60 do s00 93i? 100(1 brio Con Bs '71. 80 60 do 93V OCOO Krie Bs of '76 s3 83 60 do #3? 6C? do s3 83 >4 60 do b30 03 V 2000 do b3 83 432 III Cen RH...,s3 95 (OOUudRivlstMbs 101* 30 Ga'.eoa k Chic KR 8? 2000 N J Cen BR Bis 91 20 do 84 111 C*n 1111 b" '3 72 60 Cleve 4To|'rK.'.' 89'' do ... . M0 72 100 Erie RR bK> 46 6000 do 71* 200 do s3 44V 50 7i ioo do::::::;S 6000 do 70* 300 do.... s30 46 10C0N YCenBRBs. 87 60 do bM 45.; 8C( N Y Centl 7's.. 90 60 do. .... MO 45* do ?H?s 150 do c 46'!' ?00 do 98 V 40 do s3 45 V 60 shs DelfcHud Cnl 114* 60 do s3 46 26 Am Exch Bk.... 106?4' 60 do" ?10 46 20 Hanover Bk 90 150 do b30 45 V 10 Corn Kxcb Bk... 9? 50 do 46' 30 Continental Bk.. 101* 100 do slO 48 V 26 Canton Go 23 100 Hsrlem KR 32V 360 Nic Trans.. ..a30 1?V 160 do s3 32^ ** do iaU 200 do:::::? ^ 10? do s30 Itfi 200 do S?0 32 >5 250 Cum Coal Co.... 33\ IOO do 32?* 6? do 83 S 400 do d 32 V 6? do S3 83 200 do slS 32 V 20? do b30 33* 10N Jersey RR.... U3& 16? do c 33* 400 Reading RR..?3 76V ?00 do s30 33 * 60 do b30 75 V 100 ? do.. ...... c 33* 50 Hud R RR. . . b'10 37* 100 Penn CoalCo.... 100* 660 do bdO 37V 60 New Jersey Zinc. 4 200 do. s3 37*5 6? N Y Central RR. 93* 10 Mich 8o flon'n 90 1?? do bOO 93* 28 C!ev* C k Cin RR 103 ? SECOND BOARD. ; 96 100 shs Harlm RR.b3 32 10C0 do ...,s3 06* 100 do 32 . 0 SfU'SL " * ' 100 Canton Cj 23V lOOOOl" C BR Bs. . s3 70* 10 Norw k Wor RR. A 4000 Syr ABing latM 60 100 do.... 3*v fOOO Srie Bds of '76 82* 100 do.... M0 36^ J?00 t^ConBa '7i 70* 200 Reading RR .. b2 76* KOOErieCoaBs '62 82 100 do.... s00 75 v 12 sbs Am Exch Bk 1C6 * 200 do 76 V 1C0 Nic Trans Co.. s3 16* 100 do .'"sio 76v do *30 16* 200 do .V? 76* 11^., do. 1ft* ioo Hudson RR..M0 3? 100 Cumb Coal Co. 2d 33* 6 Panama RR 100 do 33* 85 111 Centl RR #4* 100 do blO 33* 50 do... a4m 04 10? do s30 33* 40 Mich South RB.. 02 6MichCeaU RR.. ?0* 60 NYCentl RR.s30 03* (0 Erin RR . b30 46V ?0 do 93* 450 do 45* CITY 1RADE REPORT. TrnuAT, Feb. 10?4 P. 1L Asliu.? Sale* of 60 bbU. pot* were made at |t> 60. Hnnnrn ni. ? Flour wu la fair demand, tor the ***t. and Mime lota purchn^d for export. The aale* *mbraeea about 6,0(0 a 6,000 bula . included in which wero 8tata brand*, common to atraigbtand choice, at $8 12 * $8 60; 98 61 a 99 12 for Ohio. Michigan, Indiana and Wia ccnMn, and 910 76 a 912 for extra Geneaeo. South ?rn brand* were in fair lequeat at $8 76 ? $9 26 for inferior to good, and at 90 37 a 910 37 for fancy and extra. In the above aale* were 800 to 1,008 bbU. Oana d<an at 99 26 a 910 26 The latter figure waa for a lot of I'anrjr extra, which waa above the ordinary market price. >V heat? Prime qualities were acarce and held above the vlrwa of buyer*. Cora waa more plenty and price* fa vored pnrchaaera. The aalea embraced about 80,000 to 9< ,000bnahela, inclniliug common Southern mixed at 94e. ; (tend yellow and white at 96c. a 90c., with a cargo or two of prime white and yellow at 97c. The market cloeed at '.i6c a 96c. Wheat? sfa'c* 2,000 buabela were reported, deliveiable in April, at 92 46 for Northern ; on the a pot 92 .10 waa demanded. Oata wire Arm ,xad unchanged. M'al and rye floor were quiet and unchanged. Cnrna. ? The aalea embraced 269 haga St. Domingo at 0c.; 100 do. atained, on private terma: 800 do. Wo at ViC. a 10 ja '? 100 do nkimminga at 9s.; 1,300 mats Java at l:<'4c. and 26 bag* l'orto Rico at 10>^e. (otto*.? The aalea embraced about 2,000 baga, part in traniiltii, the market doting firm. I'uncHTx were ateady, with increased rhipoaenta of Indian cora. About 4?,(XX) buahela of com were engaged to I ivtrpool at 6)?d. a >>d , in bulk and baga. Home lota bacon were engagtd at 17a. 6d. t'ompreased cotton waa at 'id. To Lonuon, 100 boxea bacon were engaged at i'.'-a. To Antwerp, 'i.OoO bbla. roeln were encaged at 2a. td. ; 6.000 baga coffen at jtfe.; 200 bbla. aahee at 26a. ; | *00 bale* cotton at ){c. ; :H0 ton* logwood at 27a. 6d. ; | SCO a too bote* bacon at ?,c per lb.; 80 cask* rioe at i Sit., and 20O Una mahogany at 97*. 6d. To Bremen, AO tiercca rie* at 22* 6d., and 1 00 bbla. lard at Ai?. T> Havre, ratea were unciianged. To Cnliforaia, ratal ranged from :>Cc. a Mc 1 r\ it.? The market for raialn* waa ateady at unchang ed prieea. Mui.akt*. ? Hale* of 300 to 400 bbla. New Orlaan* wer made at 26c. a 2"c Navat. Stubm ? .-ale* of 200 bbla. spirit* wer* m%de a' 41c., and 1,.>00 bbla. common rosin were aold at 91 ? lh% a 91 66 per 810 Ibe. delivered. On#.? There waa no change of moment to notioe, ailber In llnaeed or other oil*. ?rovi*h>*?. ? Pork waa more active and flrnMr; about 40? <o 600 bbla. old m?.s* wire *old at 913 76; mi do. at 914 J17 a 914 60. tale* of 760 bbla. weatara prime iceea were made at 91 i 10. which waa an advanoe, an 1 2 600 do. were made oo private term*. Bnef? dates of 160 bbla country me*a were mad* at 911 79. Beef haw* of print quality were mostly out of mirkot. Cut meat* were steady Pale* ef about 260 box** long mi. Idle* bacon were made at 9),e- and 76 package* baa* at S?,c. lard ? Tlie aaks embiaced *H) a 30O bbl*. and tierce* at 9J,c. a PJ,c. ltntter and chee*e wer* withont alteration. Lm.woon. ? Th* aalea embraced 600 ton* St Domingo, In bond, at 917 60 which pretty w*1 *w*pt the market, leaving only about two cargo** nnaold. Jlo*tT.? Hale* of about 90,000 gallona w*re reported to have been mad* on the spot, and to arrive, for re export, on private terma. Rick wa* quiet and price* nnc hanged. Hi oxn. ? The aale* Included a Vint 600 a 640 hhda. N*? <>i lean* at 4>,c a 6e , and 260 do. Cnbn at 4l?e. a 4>?*. Ti* ac-co.? Tb* market wa* Arm, with *al*o of about 100 hbd*. Kentucky, prim* quality, at ?*., and ? do. at IM. gwrva.? Pimento keep* in good request; about 300 bag*, jnat arrived, wa* sold on private term*. Then la litiw offering; the price I* 10)t*. in boad, and 14c ? 14H? .