The Press. — London, England, 1854-01-14 00:00:00

- - --•-----z--yw... JSNIJARY 14, 1854. grd or Royal Westm i ns ter Light Infantry Itegiment of Middlesex Militia —Captain John James Glossop to be mg, vice Butler, resigned ; Lieutenant Charles Chris t° r Baynes to be Captain, vice Glossop, promoted ; Lieutenant Henry Joseph Plumridge Woodhead to be Cap n; Ensign James Haggard to be Lieutenant, vice 'tapes promoted: William John Riffs, Gent., to be Lieutenant, vice Woodhead, promoted. 6th or Royal Elthorne Light Infantry Regiment of Mid dlesex EtMilitia—dward Deane Freeman, Esq., late 3rd Dragoon Guards, be Captain. Northlunptontihire Militia--Lieutenant Herbert Staples Smith to be Captain, vice Captain Manse!, who retires, re taining his rank ; the Honourable Thomas Lyttletou Yowls tu be Lieutenant, vice Lieutenant Herbert Staples Smith, promotAxl. Ist Regiment Derbyshire Militia—Lieutenant Charles Thorold to be Captain, vice Hunter, resigned. H a mpshire Militia Artillery—Lieutenant Robert Mansel, late Captain lith Dragoons, to be Captain, vice Hooper, resigned let Regi m ent of Royal Cheshire Militia — J ohn Basket, vole Glegg, Esq., late Lieutenant in the Scots Fusilier Regiment of Foot Guards, to be Captain. [This article is substituted for that which appeared in the Oasette of the 27th May.] l'be Earl of Chester's Regiment of Yeoanry Cavalry— Julm Wilson Fox , Esq., late Captain in the 1•2111 Lancers, to be Captain, vice Nicholson, resigned. gtt gabg. THE PRESS. Captain—Commander George A. Bedford (1843). Commander—Lieuteniwt William IL Church (1838). Lieutenant—Morgan Singer, mate (1851), of the Excellent , haring passed the best half•yearly examination. Paymasters--Clerki W. A. G. Young (1846); Joseph Henry William Bowman (1845); William Blind Mainprise. THt HYDROORATIIIC AND IIARDOUR DNPARTNIENTS are now merged into one at Whitehall, the harbour department having been removed from Duke .street, Westminster. The principals of this united department are Rear-Admiral Sir F. Beaufort, K.C.8., F.R.S.; and Engineer Captain J. Vetch, R.E., F.R.S. ADMIRALTY, Dzo. 30. Corps of Royal Marines—Gentlemen Cadets to be Second Lieutenants : Albert Wappel Sharp, Richard Augustus Fitzoe rald Studdert, Harry Boscawen Savage, Charles Francis Coppin, s,ertAhertiethy Mutton, Charles Throckinorton Witham, and ert Higtuan. JAN. 7. Corps of Royal Marines—Gentleman Cadet llollis Henry Nett to be Second Lieutenant. APPOINTMENTS AND PROMOTIONS. APPOINTIIENTI. Captain Crispin as " additional " to the Victoria and Albert. Mr. T. Jamieson as store-receiver of her litajesty's Victualling yard at Deptford (new office). Counnand er —Elphinetone D'O. D'A. Aplin (1853), to study steam at the factory at Woolwich Dockyard. Lieutenants—E. C. 'Hackett, to the Cressy; G. J. Malcolm, to study ideate at Woolwich; Morgan Singer, to the Hour; W. C. Grierson, to the Victory ; R. G. noughts, to the Excellent; A. Bland (1815), to the Pique. Chaplain—The Rev. l'homas R. Hamilton (1854), to the Royal George. surgeons—Robert T. C. Scott (1841), to the Royal George; Sa muel Donnelly (1842), to the Euryalus; George A. Nicol's, M.D. (1848), to the jaw Acting Surgeons—S. Daly, to the Boscamen ;J. Caldwell, to the Earyaba; W. H. Cruise. lb the Pique ; W. S. Roche, to the Ilatoaku ; H. G. Rowly, to the Impregnable. Assistant-Snrgeon—C. F. Williams, to the Cyclops. Masters—E. H. Blakey, to the Gladiator; R. W. Ward (1850), to be First Master of the Argus. Mates—J. H. Forbes, to the Cressy ;A. H. Alston, to the Race horse ; J. F. M`Donnell, to the Racehorse; Gerald It. Fitzgeral, (1852), to the Pique ; John Swinburne (1833), to the Bocemeen. Master'a-Assistant--Charles Williams, to the Euryalus. Midshipuien—G. Parsons, to the Dauntkoa :Charles D. Davies; to the Creasy. Paymasters—Beresford Scott, to the SybiUe ; W. C. P. Grant, to the Dauntleas ; Henry W. Death (1850), is confirmed to be I ay master of the Philtnitel. Naval Cadet—Herbert Dolphin, to the Royal George. Clerks—Robert J. B. Tucker (1848), as Clerk-in-Charge of the Ceylon, at Malta; Howard E. L. I'. Bailey (1846), Clerk-in-Charge of the Antelope; W. D. Brown, to the Dauntless ; Henry Braxton (1846), as Clerk-lu-Charge of the Crocodile ; Edwin Harris (1851), to the Earyalus; John T. Wells, to the St. George; Richard Monday (1850), to the Pique; W. H. Turner, to the Intpregtuible ; F. G. Pearn, to the Neptune; J. C. Pinhorn, to the Victory ; F. W. Cole, to the Edinburgh ; W. T. Richards, to the Royal George ; F. G. Pearce, to the Waterloo ; J. W. S. Green, to the Cressy ; A. Barren, to the Creasy; Alexander Jeffreys, to the Blenheim; George J. D. Andrews (1849), to the Euryalus; Henry C. Pool to the Mayan! ; W. HOTllilliall, to the Hogue; J. N. M' Avoy (1853)' to the Pique; Stephen H. Moore (1850), to be Secretary to Coin' mxiore John Shepherd, Superintendent of Woolwich Dockyard . Henry R. Shaw, to the Monarch; John E. Stiles, to the Neptune'. James L Thorne, to the Ajax. Acting Clerk—W. G. N. Burney, to the Tribune. 45 something like their former rates, which they could at once do by largely increasing the sinking fund, any attempt to increase the debt of Peru in the English market would be utterly hopeless. The Stock Exchange have decidedly set their faces against the principle of foreign Governments attempting to convert their home debts into bonds negotiable in this market ; and in this they are wise, for the amount that would be thus introduced, and the repudiation that would immediately ensue, when the aggregate of debt circulated here made it worth their while to be dishonest, would cause wholesale ruin on the unfor tunate holders. We place no reliance whatever in the professions of any South American tlovernment, with the exception of that of Brazil. We look upon these Uovernmenta as having proved themselves to be utterly wanting in good faith and common honesty. They are degene rate Spaniards, both in character and finance, and we all know how much trust is to be placed in Spa nish honour and good faith. With regard to Peru it is a matter of negotiation depending on the amount of sinking fund ; for there can be no doubt that the sales of guano might be increased fourfold, and such a sum annually appro priated to the purchase of the debt as would extin guish it in five years. All foreign bonds have been lower this week, espe cially Russian. The markets are, however, to-day rather firmer. A 9 -. 98 931 4131 93f 941 04i bf 7 10 p 04 , 1 911 t;5l - 09i -- £2 nixd 28 Osi CO C 5 39$ - PROMOTIONS. Tint following officers have been promoted to their re spective ranks in the reserved list of June, 18,51; being the third batch promoted to make up the complete list of fifty reserved halfpay officers, twenty having been promoted in 1841, ten in 1852, and ten in 18,53 : TO THE RANK OF CAPTAIN. Commander Robert Sinclair Hay (1827), who entered the navy in 1912, has served twenty-three years afloat. Commander William Cheselden 13rowne (1832), entered the navy in 1810, and served twenty-one years afloat. Commander Felix Edwin (1835), entered the navy in 1910, and has served actively tweuty-two years. Commander James Lamport Parkin (1837), entered the navy 1111809, and has served twenty-two years afloat. Commander Samuel Charles Umtreville (1838), entered the navy in 1905, and has served afloat and ashore thirty-five years. Commander Henry Duncan Twysden (1838), has served nine teen years afloat and ashore. Commander Thomas Peter Dobree (1839), entered the navy In Isl 7, was made a lieutenant in 1827. Commander William Morris (1841), has served afloat twenty MIL 90 102 d 2d 11 Commander Thomas Bablock (1841), has served on full pay ti‘enty•five years. Commander Hugh Myddelton Ellicombe (1841), has served afloat eighteen years. To TAY RANK rui-i OF COMMANDIER. Lli'lllenants William Pee Ne wenham (1810), Herbert John Clifford (1810), Thomas Strover (1812), John Bowden (1814), lle Lae* (1814), Henry Lawless (1814), John Parsons (1815), ilham Henry Moore (1815), George Raymond (1815), Peter Hamel (1811). VI PM I 7 8 '321 Sai lei 141 ip 42 4 117 9 80 3 30 1 1 des 174 181 8 - p - P - 44 64 d i A, re m Starlat arib . Qtit2 3nttiligtut. FRIDAY Emma. Fort the first time for some weeks past we think we perceive an improving tendency in the Money Market. We attribute this more cheering aspect to the moral conviction that is dawning on the minds of the public that, with France and England united, the danger of the contest between Russia and Turkey spreading is greatly diminished, and the order given for the united fleets to enter the Black Sea is looked upon by the moneyed world as more likely to conduce to peace than provoke war. Whether these views will turn out correct time alone can prove ; but certain it is that from the day it was officially announced in the Mon iteur that the fleets were to enter the Black Sea the market for English funds has been improving and strengthening, and we mention this fact as showing that the capital ist classes were perfectly aware of their true interests when they condemned (which they universally did) the vacillating and pusillanimous conduct of the Aberdeen Ministry towards Russia. The commercial world know well enough what the resources of Russia really are, and that she cannot wage a protracted war; and that, from the moment when England and France threw theirweight into the scale against Russia, all hope of her being able to raise loans either in England or abroad was at an end. This was shown by the extraordinary panic which took place in Russian Bonds the moment the more decided conduct of England and France was an nounced ; and, what is more remarkable, the fall was occasioned not so much by the sales of English holders, as by the orders to sell from abroad. The fact is, that, so far as foreign loans are con cerned, it will be impossible to raise any until the question of peace or war is decided, except on such ruinous terms that to accept them would only prove the weakness of the Governments concerned. Under these circumstances, capital is fast accumu lating in England, and the Money Market is decidedly easier. In the Discount Market, first-rate bills have been done at 11 and 1; and in the Stock Exchange the rate does not exceed 3 per cent. for short periods ; and the price of continuation for Consols, from account to account, does not exceed 1-16th, which is not more than at the rate of 1/. per cent. per annum. There can be no doubt that, while the policy of France and England remained undecided, some of the more cautious capitalists sold Three-and-a-quarter per Cents. and Three per Cents. Reduced, and invested their money in Exchequer Bills ; but this we look on as but temporary : they would soon change their in vestments into the funds were peace assured. There is also another circumstance to which we must draw attention, namely, the enormous specula tion which is now raging in corn, tallow, and every de scription of Russian produce. The announcement of an arrangement of the Eastern question would be immediately followed by a great fall in all these markets, and it need not be pointed out that this would ease the Money Market, as the higher an article is in price the larger the amount of the capital required to carry on the trade in it. Consols have been as low in the early part of the week as 921 i, but have since gradually improved to 93, and close this afternoon at 93 sellers, and 9:3 to for February. Exchequer Bills have been firmer this week, and have been done at 10s. premium, and are now 76. to 10s. premium. According to a return compiled by Messrs. Hag gard and Pixley, the bullion-brokers, the exports of bullion in 1853 amount to the enormous sum of 21,196,0001., of which 5,745,8001. was in silver. As the drain to China has now almost entirely ceased, and the exchanges are more favourable to this country, we have additional reas ons for thinking that we shall have an easy Money Market. FOREIGN FUNDS. A meeting of the Peruvian bondholders took place yesterday, at which resolutions were adopted condem natory of the proceedings of the Peruvian Government in their attempt to convert their home debt into ster ling bonds, with a view to their being sold in the English and French markets, to the detriment of the holders of the present bonds. We consider such a proceeding as most injurious to the financial interests of Peru ; and when those connected with the movement perceive the fatal effects it has had on the value of Peruvian Bonds, which have fallen from 90 to 64, we should hope that they would enter into such arrangements as will at once restore confidence, for they must clearly perceive that unless they raise the value of Peruvian Bonds to RAILWAYS. The Railway Market has been depressed with Consols, but to-day leaves off considerably firmer. The price of railway shares for some time to come will be greatly influenced by the fluctuations in Con sols ; but we are glad to perceive that many new projects of lines have been abandoned, and that there is some prospect at length of sensible traffic arrange ments superseding foolish competition. PRICES CURRENT. BRITISH FUNDS. Closing Prices. uFh''CIAI. QUOTATION. iTuoul l Wed. ITleurs Ft kW. road. $ per Cent. Consols Ditto for Account per Ceuta Reduced 31 per Cents Long Annuities Rsnk Stuck, 7 per Cent India fitmek,l4 per Cut. Exch. Bills, kil. per diem India Bonds, (1,00 U) 12i x 4 1 24 ! 024 )3i 219 921 9 21 92 9ti 219 p' par ETON mond.l la In FUN] [Mud. 92i IN} 92i 43/ ri 217 NI 'ed.l i2I 021 t 02 034 116 iil 1 ,1077 cl 192 i Belgian 44 lie Ditto 24 Brazilian 5 Do. New 44 Buenos Ayres 6 Chiliai 6 Danish 5 Ditto 9 Dtch. (Ex 12 Ouil ) 2 4 Ditto 4 French 9 Do. 44 Do. Bank Stook Granada Deferred Mexican 3 Do. Account 3 Peruvian 44 Peruvian Scrip .... Portuguese 4 Russian 6 Ditto 44 Sardinian 5 Spanish 3 Do. New Deft fired 3 Dittq (Pasaive) .. Veil czue la 34 FOREIGN RAILWAYS. Wednes. 24 2 (111 4 2i. 1 11 12 14 kntw. & Rol tertian , Regieres to Grates. Belgian Ess. June. Charleroi & Erque. Dijon & Besancon Dutch Rhenish East Indian Do. Extension .. • • Gt. Indian Penh'. Grand Junc.of 1.1 a. Gt•Wt.of Cans.,Sh. Rd'. (2d i5.)1873 Ccca.& Pis. 5 p cprf Luxembourg • Ijone , t Geneva Madras Maria Antonia Nam& Lge.(wth in Northern of France Norwe.Trunk Pref. Paris S Lyons Paris a Orleans Pariq & Rouen.... Paris & Par., C 15 - , fl '1(10 G2x a 044 .10f &4 1,99 f j. 26 9 f. it tA) I •401. El 4 x 4 v 4, 1:(1f 4( Of 1100 f. 19 Ni 110 11 SO 108 txd 121 . xtl 4 107 t I !Nix' 40 1144ixi Cherl -- Monday. Tuesday. 2i 2 di,- 21 2d 4 2t , 1 2d 1 11 1 14 12 14 12 14 pu. 21 21 dim 31 p2l d 8 2 3 2 l' 8 2 I P 1d t o Id t 21 3 t -11 S„ 2 1 ' ti 2 1d .... die ills 91 94 9 1 i 1 d 1 ipt pm . pm i tP 7 342 274 7 3 I 321 ei l 7 144 5 p 144 57 42 4 43 15 87 9 • ' 40 301 1 SO 4 9 d P ,3 I d 3 I ( IS 19 18 9 1 01 dir I 74 04 rq 81 \ .2 4 1 _ 1 ) 1 4 5 . 4:I 1 1 i 21 Z 4 i r d I " 2 14 rOf li, 99f 2 ; i 7 0 p 13 214111 S 11; l a t„ 24 3 „ 1 2li 3 .4 1 1 81 4 d I :: i fd r• 91 d I die f pm li I'' 1 ,• . 19.4 8 1 11 la 42 4 ST 9 90 4 Quebec& illetnud. Rouen & Havre .. Royal Swedish .... Sambre &Meuse . Stb-Bast. of France 3 1 l7} 7 2 21 221 P' 7 se i 141 ir 42 4 27 AO k Southercof Frani, _Tipper Indian Scrip West Haridere Western of France Westrn. of Switzer. Zeeland 1 71 3 14 171 CI If It 5 4th' 71 I 31 - 4 6_l - 5 4 1m Pm 411 1 /1 12 11