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The ;r"t~1jMf*T"~*?g" nf aMMilaj?OB and! wealth in^he Northern States accord ingly ftr a&eeded that in the Southern States; and While at the first census the opulation of the South represented one* afr of the total population of the conn try, in 1860 it was loss than one-third. The population of the great State of Virginia, in the early days of the repub? lic, almost equaled that of any two Northern States, while in 1860 she ranked fifth on tho census list, and sho averaged only twenty-siu persons to tho square mile; whereas Massachusetts ave? raged 157. Our material progress, then, from year to year, was not what it should have been, and in that respect the result was a continuous loss of power and in? fluence upon tho part of the South. This fact is indisputable, whatever the causes may* have been, and it is useless now to inquire whether it was the result of false statesmanship and an unfortunate pre? judice against commerce and manufac? tures, or the effect of OUT peculiar insti? tutions. The causes, however, no longer exist, .and our. present condition and opportunities are suoh as should insure us, if true to ourselves and to the lessons of the peat, our full share of prosperity. The losses, hardships and sufferings that have bendien our people are well calcu? lated to make them -appreciate now the importance of,'developing, all pur 're? sources, and will,, no doubt,* educatoH them riot only to realize tho necessity of r labor-in all itsfitrms as the means of ma? terial success, but also to honor it as an essential condition of social progress. There could, bo no better schooling for our people in this respect than their recent experiences, and they already understand in all its force the true meaning, as well as the philosophy of the Divine decroo: ??By the sweat of thy brow thou Shalt earn'- thy bread."' It is an interesting fact in this connection, said to be estab? lished by statistics, that the health of colonists in hot climates is in direct pro Sortion to their habits of industry, hose colonists^ - for example,,who labor habitually, secure health, as nature's re? ward for their work; and leave a hardy progeny behind thorn to inhabit and possess the land;1 while those who are inert, or whose habits of life are seden? tary; are more subject to disease and transmit to their descendants enfeebled constitutions, as nature's curse for the violation of her laws. "Cheered with tho viow, man went to till the ground - From whence 'he rose; sentenced, deed, to toil As to a punishment; yet (e'en in wrath So merciful is Heaven) this toil became The solaoe of his woes, the sweet employ Of many a livelong hour, and the surest guard Against disease and death. The ordeal, it* is true, to which our people have' boon ' subjected since tho ? close of the war has been a trying one. The sorrows and. horrors of war were ex? ceeded by the evils of reconstruction', (which, under the humiliating tyranny of Corrupt Officials, surpassed anything that was. ever, before inflicted upon a people of the same culture and Civiliza? tion,) and' there is nothing we have to deplore more bitterly than the effect upon those who. wore unable from age to accommodate themselves, to the new circumstance's, or to change, with impu-M nity, their habits. The young con change their mode of life, as may be ne? cessary, and can meet and outlive losses and.troubles', but this is rarely possible with those advanced in years, flow many of our most respected arid honored have succumbed to untold trials, losses and humiliations, who would otherwise , have lived to a good old age! This is, indeed, one of the saddest features of the sad picture, and should be included with those memories of the past that claim our deepest sympathy. In the further consideration of our subject, it may be necessary to meet tho objection, that the recent tendency to centralization will end in imperialism, or (permanent democratic absolutism; and that, accordingly, the, future of our republican government is uncertain. There is, however, no just cause for ap? prehension. Tho American people will neither be defrauded of their inheritance of liberty nor forcibly deprived of it They are too intelligent to be deluded, and too brave to be overawed. The pas? sions and prejudices of the hour may temporarily oloud the truth, but the sun? shine of returning reason will soon dissi? pate tho mists, and public opinion will be again heard on the Bide of constitutional government The republic has been termed "an experiment," but it has now weathered the political storms of almost a century, and the people are not only fully imbued with the spirit of freedom, and deeply attached to their institutions, but, what is equally important, they have become habituated to self-govern? ment The idea of any coup d'etat being successful, therefore, in this country, with a people accustomed to liberty, is, of course, preposterous; for, if Otesarism had been possible with us, it was only so through the votes of tho people them? selves, who, if untrue to their Anglo Saxon instincts, might have been tempted into the support of their successful sol? dier, from his popularity aa the so-called "Saviour of the Republic" This dan ger, however, if it ever existed, as so many thought, is certainly past; far the people have spoken in words that cannot be misconstrued on the "third term" question. Calhoun, one of the wisest as well as purest of statesmen, regarded civil war as the soverost test to which our republican form of government could be subjected. His Apprehension was, that the leader of the victorious section would become the despot of both sections, As our institutions have now survived this ordeal, under the most trying oircum staftoea, we should bays greater confi? dence in their stability. The war preju? dices are at last buried, the bloody chasm , pearod from our political ?ky. f L Tho roconatruption meaaurea, . it?ifl ! true, were not only oppressive and I tyrannical?conceived in hate and born in iniquity?but they . resulted from a gross and. unsoropnlous abuse of power by a radical faction, whose legislation was a disgraoe to American sell-govorn ment, and ill comports with the liberal and advanced views that should have characterized the American people, claiming, as tbey do, to teaah and lead tho world in the art of freu government. We should not, however, hold the people responsible. They were misled by cor? rupt party lenders, who relied upon tho war prejudices to prolong their term of power. It is not surprising, then, under the circumstances, that the voice of rea? son was temporarily hushed, and that it should have required almost ten years for Northern voters to understand the facts as they existed at the South, and to realize the enormities and wrongs that: had been practiced upon our people under the Reconstruction Acts of Con? gress. The truth was, however,, (thanks to the independent press,) at last under? stood at the North, and we have tho best ovidence in the vote which was polled at 'the elections last faU, that the masses are j really "true at heart," That vote should restore confidence in the American peo? ple, if the excesses Of the preceding de? cade had destroyed it. It is further true, that the Government has become consolidated; yet it is still essentially decentralized?certainly so ?as comparod with French or continent id centralism. Witl/the growth and deve? lopment of the country, there i was ne? cessarily the usual change from the homogeneous to the heterogeneous, from the simple to the. complex, from the weak and purely Federal republic of the past, to the strong and powerful nation of to-day; but this was only, in accord? ance witli the law. of . progress itself, and arose from the necessity of the . case, in the growth of the "social organism." The country has passed from the condition of a small confede? racy of States, representing a few mil? lion of people, to that of a groat nation. It bos become one of tho first powers of the world, and, at the present rate of in? crease, her population will exceed, be? fore the close of the century, 100,000,000. We cannot have the pure Federalism of Jefferson, but this should oause no appre? hension, if the present limits of national authority be not exceeded. A strong go? vernment does .not necessarily preclude local aolf-go vernment; for there is no real incompatibility between the two. While we cannot, therefore, expect again the extremes of "States' rights," we may, nevertheless, enjoy all the blessings of local control over local interests; and it is probable that the present revulsion against the centralizing po? licy of the Republican party will re? sult in the reeognition of all constitu? tional restrictions, and oheck any tend? ency to further consolidation. Upon the whole, there is much that is promising in tho political outlook for the cause of free government, and it probably stands to-day upon a surer, basis than ever be? fore in the history of tho world; and I would add, in the language of the im? mortal bard, "Doubt not but success Will fashion the event in better shape Than I can lay it down in likelihood." But furthermore: as in the physical world, every change in the natural envi? ronment is followed, we are told, by cor? responding changes in the fauna and floral; so, in the moral world, gradual changes in the social environment are followed by corresponding changes in the social organism. While, therefore, development and growth, in tho ad? vance of civilization, frequently produce changes that would be dangerous, if if society remained otherwise the same; vat these very changes become sources of progress and improvement, when, in analogy to what is observed in natural history, corresponding changes occur in the very fabric of society, adapting it to neic circumstances. The operation of this law can be discerned in the history of free government in this country. While, as we have seen, by the foroe of circumstances, our simple Federal RepubUo has beoomc a strong nation, and as compared with the States, necessarily clothed with con? trolling powers -such, indeed, as would have been regarded by our earlier states? men as fatal and destructive?yet, at the same time, corrective and harmonizing agencies have been developed, which supply adequate 'counteracting influ? ences; and I hesitate not to affirm that the equilibrium will be preserved, and the resultant be real progress. The conclusion of this admirable ad? dress will be furnished to-morrow. A collation, furnished by Mr. John McKenzie, followed; but as nonejbut the members of the Legion were present, and we could not claim membership with that honorable fraternity, what was said and done must bo recorded by "one who was present." Horrx Arrivals, July 21.?Jlendrix House?W. B. Brooks, N. Crofson and lady, Newberry; T. E. Gilbert, 8. C; H. S. Darby, Lewis vi lie; E. A. Wagnron, Charleston; J. P. Farly, Fair field; Miss Agnes Agnew, city; J. H. Kaufman, Chester. Mansion House ? O. F. Gregory,Charles? ton ;E. Nesbitt, Ga.; J. T. Ligon, city; L. B. Austin, Greenville; W. H. Webb, Newberry; Dr. C. Davega and wife, S. 0.; W. A. Metts, city; 3. T. Gaston, Wm. Stevens, H. D. Hamiter, S. C. Bacon, Butter, Lemons, eVo. <QA BOXES Dry Salt and Smoked &AJ SIDES. " , i 10'kegs finest Goshen Batter. 60 tubs pure Leaf Lard. If casks extra 8ngar-cured Hams. 20 boxes ohoie. Mussina Lemons, Just received and for sale low. by July 21 3 Ii 161 Main *trets.f JolOfraphic^-Forejgn News.. , Madrid, J uly 2l7?An "official despatch in the I'ernpa reports General Dorre faray wounded and-taken refuge in 'ranoo, near Contrexes. London, July ilL?The cotton mill operatives at Oldhain held a crowded meeting and resolved to refuse the mas? ter's terms fixing wages. Oldhain alone contains 40,000 operatives..' The mills in the surrounding districts ore unset? tled, and a general rapture of tho Lan? cashire cotton trade may be looked for. London, July 21.?lThe delegates at? tending the Presbyterian Conference number 100. Tho following American representatives attended yesterday even? ing: P?ev. Mr. Morris, of Cincinnati; Dr. McCosh, of Princeton; Stuart Robinson, of Louisville; J. Sloan, of Alleghany City, and Messrs. Shnffold and Rogers. Madbid, July 20.?The Constitutional Committee, by a vote of 26 against 7, re? jected an amendment to the new Consti? tution in opposition to the principle of religious liberty. St. PETxnsnuBO, July 20.?Tho Ame? rican squadron, which has been visiting this city, has sailed for home. Admiral "Worden and his officers were brilliantly entertained during their stay here, and the Czar accompanied them to Cronstadt, on their departure. florence, July 20.?Tho Journal, of this city, says Cardinal McCloskey is ex? pected to arrive in Rome next Septem? ber, to receive the cardinal's hat from the hands of the Pope, and many Ameri? can ecclesiastics will accompany him. Vebsatlles, July 20.?The Assembly, after disposing of the budget, will take up tho blU relative to the proposed tun? nel between France and England. A private bill in reference to tho same pro? ject has already passed the British House of Commons, and is now before the Lords. The Committee of the Assembly have resolved to report in favor of a recess from August 8 to November 10. Santandxb, July 20.?Tho recent de? tention of Protestant books by the cus? toms authorities here is believed to be a part of a coercive scheme to force active Protestants to leave Spain. This plan, inspired by prominent persons in Ma? drid, is being executed here by the clergy and the civil government, who hope by this indirect pressure to expel the resident American Evangelical mi? nisters. The impression also prevails, that the Madrid Government hopes to conciliate the Papal Nuncio and the mo? derates with this under-hand persecu? tion, while apparently pursuing a liberal policy regarding public worship. Military precautions are being taken in the large cities against a Republican rising. TelegraDhic?American News. Gbbenbuikb WniTE Sin-wann Spbinos, W. Va., July 20.?An informal meeting was held to-day by the delegates to tho Natinnal Cotton "Convention at Green brier White; Sulphur Springs, West Vir? ginia. President John Phelps, of the New Orleans Cotton Exchange, called the meeting to order, and stated that in consequence of a break upon tho Chesa? peake and Ohio Railroad and detention of many delegates on their way to the convention, it would be impossible to appoint a business committee in advance of tho regular opening. The Secretary, Mr. John S. Toof, of Memphis, read a list of the cotton exchanges who would be represented in the convention, by which it,appeared that the association had been joined since lost meeting by the exchanges at Shreveport, La., Nash? ville, Tenn., Norfolk, Va., and Selma, Ala. Eaok Of these is entitled to a rep? resentation of twe delegates, according to the classifiations adopted last year. The following cotton exchanges would bo represented this year in the conven? tion: Mobile, Ala., Charleston, S. O, Savannah, Ga., New Orleans, La., Mem? phis Tenn., Baltimore, Md., Boston, Mass.; Selma, Ala., Montgomery, Ala., Norfolk, Va., Augusta, Ga,, Nashville, Tenn., Wilmington, TT. C, Charlotte, N. C, Cincinnati, Ohio, Sk Louis, Mo-, Now York, Philadelphia, Athens, Ga., Gulveston, Texas, Louisville, Ky. The total number of delegates is between 00 and 100, of whom New Orleans has the most?fourteen in all; Savannah, New York and Memphis being next in order. The President having been notified that Gen. Johnston, of Virginia, Hon. Robert Toonibs, of Georgio, and Gen. Gilraer, of the same State, were sojourning at the Springs, stated the fact to the meeting, and it was resolved unanimously to in? vite them to participate in tho regular deliberations of the meeting, which will take place at 11 o'clock to-morrow morn? ing. New Yobk, Jnly 21.?The Erie Rail? way has employed Durnian B. Eaton to proceed to London to obtuin $2,500,000 romaining from bonds negotiated there, and which aro held by the London Bank? ing Association and James MoHenry, on the ground that claims may be made against them by Europeans, which claims tho Erie Company do not recog? nize. At a meeting of the pu?t and active members of the Boston Light Infantry Association, on Monday, a proposition was read from Major Gilchrist, of tho Washington Light Infantry, of Charles? ton, S. C., with reference to the organi? zation of tho "Centennial Legion," from the leading veteran organizations of the "old thirteen" States, to take part in the national centennial celebration at Phila? delphia, next year; the legion to consist of one battery of light artillery, twelve companies of cavalry and ten companies of Infantry; ono company each from New Hampshire, Massachusetts, Connecticut and Rhode Island, with a field officer in command, selected by these companies ; one each from New York, New Jersey, Delaware and PennsvlvfJcJa, with field officers selected fcy thiWt'.dflsswi one each from Maryland, Virginia, North Cs?R^'S?nih C^lJha and Georgia, With' field officers selected as aforesaid. Each company to be Knitted to seventy five iw m all1; all companies to reridea .7 ?r ri'- . / r7 i. you? in Philadelphia on the 2d of July, at noon. The'^'proposition also State? that/ the centennial of the battle, of Fort Moultrie be celebrated in Charleston, on the 28th of June, 1876. It will be de? sirable for as many of these commanders as possible, or representatives thereof, to rendezvous in Charleston, to ussist in the celebration, and proceed thence to Philadelphia by rail or steamer, as may bo the most practicable. The plan was well received by the Boston organiza? tion, and several members made brief spoecbes, urging the acceptance of the invitation to attend the Fort Moultrie celebration. Although no immediate action was taken, the general opinion of the members was in favor of participat? ing in the formation of the proposed legion. The council of delegates from all the Presbyterian churches in Christendom met, to-day, and opened their session. Mnny representatives "from tho American and Canadian churches were prosent. The object of the council is to demon? strate a unity of belief among Protes? tants, to arrange mission work, concen? trate the influence of the church upon educational and social reform, and or? ganize resistance to infidelity and reli? gions intolerance. "WAsnnsGTos, July 21. ?President Grant is here, to attend to routine business; bad interviews with heads of depart? ments. Alexander and "William Collie, of the firm recently suspended, have been ar? raigned at Guildhall, on the oharge of obtaining large sums of money from the London and Westminster Banks on false pretences; total amount alleged on the information obtained is $1,000,000, but it is reported to' be actually much larger. Sergeant BaFlantine was the counsel for the defence. The prisoners were re? manded for a week; bail $40,000 for each, which is not yet found. Moxtgomeby, Ax,a., July 21.?It is re fortcd that a terrible tight occurred in erdado, Escambin County, between two families?Hat let t anil By era?in which six men, consisting of a futber and two sons on each side, were engaged; five killed outright, while the sixth and lust has a load of buck-shot in his side, which must cause his death. Both families said to be of Indian descent; an old family feud. AruusTA, Ga., July 21.?Up to the 4th of July, the cotton prospects were excel? lent in this section, but the intensely hot and scorching weather since has caused cothn to droop and in some instances to die. Planters, alarmed in certain Counties, held prayer meetings for rain. Unless we have rain in a short time, cqtton and corn crops will be serU on sly injured. Saratoga, July 21.?George Wilkes, editor of Wilkes* Spirit of the Tunes, was assadited, to-day, in tho United States Hotel; by Prince McGrath, awell known turftunn, on account of nn article in the Sjririt, seriously stigmatizing McGrath' nnd'John Chamberlain, for their manage? ment of the races at Long Branch. Saratoga , July 21.?In the banker's convention the committee on resolutions reported: 1, favoring im mediate resump? tion, and calling upon every citizen to hasten the day when every promise of the Government gto pay a dollar should be redeemed in coin. 2. Calling for a re? peal of the war tax on banks. 3. Urging i Congress to issue coupon bonds in ex | change for rogiijflted bonds of tho same. 14. Demanding trW abolishment of two cent stamps on checks and vouchers. 5. Favoring a permanent organization of national bankers. Mr. Buell, of New York city, spoke in favor of a resolution for tho immediate resumption. Mr. Thos. F. MoGrew, of Springfield,- 111., I offered a resolution, that it is the opinion of this convention that an Act to provide for the resnnition of specie payment, ap? proved January 14, 1875, ought to be amended so as to provide for a gradual contraction of all legul tender circula? tion, and the time ou resumption to be extended to the 1st January, 1885, to af? ford time for the businoss of the country to adjust itself to the change without a sudden fall in prices. Mr. MoGrew spoke at some length in favor of his resolution. The committee resolutions were adopted. Memphis, July 21.?In May last, a young lady residing in Iuka, Miss., was brutally outraged and beaten at the depot, while waiting for on escort, at an early hour, by a negro hack-driver, named Lewis Thompson. During the struggle she bit him on the cheek, which led to his capture last Monday. He was arraigned for trial, yesterday, and sen? tenced to the penitentiary for life. The greatest excitement ensued upon the an? nouncement of the verdict, as the lady was poor and unprotected, but highly esteemed by all citizens. The excitement culminated, lost night, in a party of dis? guised men going to tho jail, taking Thompson down near the depot and banging him. New Orleans, July 21.?G. A. Ra derty, Tax Collector of Grant Parish, was murdered in Colfar, by tx-Sberiff John B. McCoy. Washington, Ju'y.^l . u The withdrawal of the request for Judfc. > Fisher's resig? nation was to give him time for explana? tion. The President will interfere no further; the matter reBts yvith Piorre pont. The President went North, to? night. Orders for smmps, stamped envelopes, Ac, since 1st July, $2,500,000. Maj. Fuller won the American cup. Probabilities?For the South Atlantic and Gulf States, Blight changes in ba? rometer and temperature, South-west to South-east winds and partly cloudy wea? ther will prevail, with occasional rains, gust 6th, by a meeting at Horticultural Hall, end a lecture by Bev. Patrick Birne, of Trenton, N. J,, President of the Catholic Total Abstinence Union of America. ChabIjMTON; July 20?Arrived -Steam? ships Charleston, New Yofk; Equator, Philadelphia'; schooner Alfred F. Bentty, New Tor*. . . , Washington, D. C, July 20.?Default? ing mall contractor Matthew Draper, who failed on the Vickshurg and New Orleans route, 'hnd deposited as' forfeit money $1,631). The department has sent the certified check for collection. This is the first instance of such n forfeit. The postmaster hss- commenced suit against the bondsmen of over four defaulting contractors. Yesterdav's Market Reports. New York?Noon.?Monev 14. Gold 12*. . Exchange-long 4.87; short 4.W. Cotton nominal; sales 176?uplands 14?; Orleans 15J. Futures opened weak; salts July 14 7-10; August 14 7-16(W)14A; Sep? tember 14 0-32(0)14 5-16; October 14 1-16 @143-32;November 13 15-10014; De? cember 13 15-10014. Flour 10c. better. Wheat 203c. better. Corn 102c. better. Pork heavy?20.G5@2O.67. Lard quiet steam 134. Freights Arm. 7 P. M. ?Specie shipments to-day $250,000. Monev easy?1}02. Sterling steadier?7. Gold closed 12|013. Go? vernments dull and irregular?new 5s 15. SUites quiet and nominal. Cotton re? ceipts 789. Futures closed weak; sales 53,700: Julv 14 15-32; August 14 15-320 14}; September 14 9-32014 5-16; Octo? ber 14 1-32014 1-16; November 14 3-32; DecemberT3 31-32; January 144; Febru? ary 14 9-32014 5-16; March 14iroV 14 17-32; April 1411-16014}; May 14*(a> 15; June 15 3-32015 5-32. Cotton weak and irregular; sales 2,380, at 14J0l5t; consolidated net receipts 1,683; exports Great Britain 2,218; France 1,250; con? tinent 1.325. Flour 10020c. better and in good demand?Southern 10@20c. bet? ter and more active?6.2O08;5Ov Wheat 203c. better. Corn 102c. better?87? 80. Coffee?Bio quiet and unchanged. Sugar firmer?7-j@Jl|, Molasses quiet and firm. Pork firmer?21.00. Lard ex? cited and firmer?14 prime steam. Whis? key dull?1.21. Freights a shade firmer. Bix.TiM.onn.? Cotton dull and" lower? middling 14;; low middling 14$; good ordinary 13}; exports Great Britain 220; ooastwise 30; sales 40. Bulk meats steady ?shoulders 0; clear rib 12}012L Bacon firm?shoulders 9?01O; clear rib 13|; hams 14014L Lard quiet and steady? refined 14}. Coffee quiet and strong. Whiskey quiet and steady?1.2101.22. Sugar very strong?1O}01O$. Mobile. ?Cotton nominal?middling 14}; low middling 14: good ordinary 13$; net receipts 3; exports coastwise 6. Charleston.?Cotton quiet?middling 14}@14J; low middling 14; good ordi? nary 134; net receipts 34; sales 100. 5 P. M.?Sales 6,200 American; basis middling uplands, nothing below low middling, deliverable September or Oc? tober, 6 15-16. Chicago.?Flour demand good and full prices?5.2505.75. Wheat excited? 1.2401.25. Corn active and higher?744. ?Pork strong and higher?20.30020.35. [Lard advanced, at 13.55@13.80. Bulk ' moats quiet and firm?shoulders 8}; short and rib middles 11 j; short clear do. 12. Whiskey 1.17. Louisville.?Flour firm and demand fair. Wheat demand fair; sales 1.100 1.25. Corn steady and moderate demand ?70076. Provisions very firm and hold? ers asking higher. Pork '20.00020.50. Bulk shoulders 8408*; clear rib 12; clear 12ji6%12}. Bacon shoulders 04; clear rib sides 13; clear sides 139; hams 13013}. Lard?tierce 14}(?)143; keg 15J. Whiskey 1.16. Bagging quiet and firm? 134014. Cincinnati.?Flour firm and un? changed. Wheat demand fair and ad? vanced? 1.4001.43. Corn quiet and steady?72074. Pork demand fair and advanced?20.00. Lard firm? steam 13J; kettle Hi; summer 12g. Bulk meats quiet and firm -shoulders 8}; clear rib sides 11} spot; clear sides 12. Bacon quiet and firm?shoulders 94; clear rib sides 123; clear sides 13$. Whiskey de? mand fair firm?1.16. Butter steady and unchanged. # Boston.?Cotton unchanged?mid? dling 151'ow middling 14?; good ordi? nary 14; net receipts 72; gross 77; 6ales 328. Augusta.?Cotton dull, nominal ond no demand?middling 14; low middling 13}; good ordinary 13; net receipts 94; sales 10. Wilmington.?Cotton unchanged? middling 14}; low middling 14}; good ordinary 13; net receipts 1. Philadelphia.?-Cotton dull?mid? dling 15; low middling 14g; good ordi? nary 13$; net receipts 207; gross 378. Galveston.?Cotton dull and nomi? nal?middling 14}; low middling 13}; good ordinary 12); net receipts 13; ex? ports coastwise 221; sales 50. St. Louis.?Flour higher and rather unsettled?4.2506.35. Wheat active? 1.35. Corn higher?68J068$. Pork higher?2O.62J020.75. Lard firmer and held higher?summer 13. Bulk meats higher shoulders 8}; clear rib 11|; clear sides 12b Bacon higher and irregular? shoulders 9109J; clear rib 121013 ; clear sides 131. Whiskey dull?1.18T New Orleans.?Cotton dull?middling 14); low middling 13}; good ordinary 124: not receipts 1C9; gross 111; exports continent 825; sales 50. Savannah.?Cotton nominal and no? thing doing?middling 14; low middling 134; good ordinary 13; net receipts 70. Memphis.?Cotton quiet?.middling 14}; net receipts 33; shipments 100; sales 50. Norfolk.?Cotton nominal?middling 14}; net rcoeipts 74; exports coastwise 335. Liverpool?3 P. M.?Cotton dull? middling uplands 6 18-16; middling Or? leans 7 3-16: sales 10,000: speculation and export 2,000; to arrive 1-160^ cheaper; basis middling uplands, nothing below low middling, deliverable July, August or September, 6}; October 6}; shipments new orop, basis middling uplands, no? thing below good ordinary, 7. The depressed and uneasy feeling con? tinued, but no further, trouble in report? ed. The market keeps, duil and ktegu ML L: ? ,V'(),ltol> ^'.'(' I Subgcribe for the Phirncl