Your letter of the 12th inst: reached me this morning.. Under the impression that no more of the loan to the University would be called for the present year than the $40,000 some time since received, the president and directors of the literary fund have loaned so considerable a sum to the James river Company, that the amount now on hand, out of which the advance can be made is less than $10,000—There will be no difficulty however in our advancing the sum of $5,000—which shall be remitted or paid to your order as soon as the bond is forwarded.

The annual report of the Rector and visitors was received some days since.