The Press. — London, England, 1853-07-30 00:00:00

310 Royal Mid-Lothian Yeomanry Caralry—Lieut.-Colonel the Hon. Sholto. Lord Aberdour, to be Lieut.-Colonel Commandant, rice Sir John Hope, Bart, deceased. Edinburgh Regiment of Militia—The Most Hon. ricehoolbag Robert, Marquis of Lothian, to be Captain, Woolley, deceased. ftt Bata. The Prince Leiningen, nephew to her Majesty, has been appointed to the Brilansia, nag-ship in the Mediter- ranean. The French Ambassador, Count Walewski, arrived at Portsmouth on Wednesday, when he went over the dock yard establishment, and afterwards was received with due honours on board several of the ships belonging to the Spithead squadron, which he visited in succession. His excellency returned to town the same evening. Mr. T. Grieve, clerk ( 'MO), has been sprinted 'mere tort' to Rear-Admiral Ciurol, at Cork. The review at Spithead, together with the regatta, will probably be celebrated, according to her Majesty's conve nience, on or about the Nth or 9th of August. A court martial was held at Plymouth, on Friday and Saturday last, on Mr. W. G. M. Stent, second master of her Majesty's steam-ship Antelope. Mr. stem was found guilty on two charges—of disrespectfUl behaviour to his superior officer, Lieutenant-Commander C. H. Young ; and of stealing thirteen sovereigns, three half-sovereigns, four gold four dollar and three one-dollar pieces, the property of Joseph H. Bowman, clerk of the Antelope—sod was sentenced to twelve months' imprisonment, and to be dismissed the service. APPOINTMENTS AND PROMOTIONS. Rear•Admind John B. Purvis, commanding the squadron at Cork, has been promoted to the rank of Vice-Admiral ofthe Blue on the active list. CourAnnono—Edward K. Barnard (1852), to command the Pkillossel, 8, sloop, just commissioned at Devonport; Commander John A. L. Wharton (1 848 ), to com mand the Momper, 9, screw steam-sloop, of 80-horse power, just commissioned at Ports mouth. FLAG LIZUTZNANT—R. Williams. LIEUTENANTN—Thomas C. (YD. Whipple (1840), to be First Lieutenant of the &waren, 70, mutrd-ship of ordinary ; W. H. Edys, promoted from the rank of mate, and lately serving in the Mssalags, if on the East India station , to t he St. Jean Acre, 101, at Dirronport. SICOND MASTICRII—CharIes Burney (1847), serving In the DMA" oloam-veseel, at Channel Islands, since July, 1851, to the Ina of *aster; Valentine F. Johnson (1851), from the lospreg- NINO allpoldp , at Devonport, to the Antelope steam - ve ssel, at Devespers, vies O. W. lf. Steut, sentenced by court-martial to twelve swaths' imprisonment and dismissal; George W. Grey (1848), front the coast-guard service, to the Istprefntable; George H. Allen (1151), to the Crinbeekutd, 70, flagship on the West India sad North American station. MAIITIII .I II ASIIISTANT--Henry W. Burnett, to the Vesuvius, paddle-wheel steam-sloop, at Portsmouth. CADILTS—W. Manta% to the Hogue; 0. IL Small piece, to the H 09104; R. 8. Crompton, to the Duke of Wellington; C. G. 14•Dou• gall, to the 46411 e. The number of workmen lodged in Paris from the 10th to the 23rd of July has been 31,401, of whom 1,254 had ar• rived within the fortnight. Of these only 1,013 were with out employment. In the banlieue the number unemployed has been 217, out of a total of 15,134 workmen. An Imperial decree has been published at Vienna strictly prohibiting Austrian workmen from going to Swit zerland. The Newman defence fund left a balance, after paying the fine and costs on both sides, of 3,0010. lit. Newman has handed over this balance to the new Roman Catholic University in Ireland, with the exception of a few hundred pounds given to one of the religious houses in this country. Thirty railway carriages, a cargo of rolling stock hitherto unprecedented, were shipped from Liverpool for Barcelona on the 10th inst. The carriages were for the Barcelona and Orenoller Railway Company.—Lieerpool Holyrood Palace is to be rendered more accessible to the public under an improved system. The liovernment will now take the management more immediately into its own hands, and instead of the present moat unsatisfactory mode of handing visitors about from one exhibitor to another, and leaving the gratuities to their discretion, a small fixed fee of lid. will be substituted. The palace will also be open every Saturday without any charge whatever. The handsome gates which formed so conspicuous a fea ture in the transept of the Crystal Palace have been pur chased by the Commissioners of Woods and Forests, and are now placed at the southern extremity of the gravel walk leading across Kensington-gardens, in the direction of Bayswater. - The cholera has assumed a serious character in Copen hagen. The last bulletin gives the following results: — From the 11th to the 12th inst., $4 patients. 40 deaths ; from the 12th to the 13th, 84 patients, 57 deaths ; from the 18th to the 14th, 05 patients, 00 deaths ; from the 14th to the 15th, 153 patients, 08 deaths from the 15th to the 18th, 350 patients, 137 deaths. This amount corresponds, if the proportion existing between the population of Co. penhsgen and that of Paris be considered, to a number equivalent in the latter capital to 3,500 patients and 1,370 deaths per day. The disease is also increasing at Stettin, and cases have occurred at Dantxic. Vorag tflatittt an titg FRIDAY EVENING. Ms. GLADSTONE'S convention schemes and Exche quer Bill tampering% bespeak but little acquaintance with the state of the Money Market, or such resolu • lions as were brought forward last evening in the House of Commons, in regard to the South Sea. Annuities dissentients, would never have been sanc tioned. THE PRESS. In the first place, it is a concession on the part of Mr. Gladstone that his former conversion scheme was a failure. In the next, it is an encouragement for all future holders of a stock about to be reduced, to be come dissentients. They will point as a precedent to the present instance, when the holders of South Sea Stock, who, through their trustees, have refused either to receive RV. 104. Three-and-a-Half per Cents. in lieu of their present 1001. stock, or to have it reduced to Two•and-a-Half per Cents., are now to have the option of receiving 1001. Three and-a-Quarter per Cents. ; and, when the quarter per cent. ceases, they are to be guaranteed from any reduction of interest below three per cent. for twenty years. This is effecting a reduction of a three-per-cent. stock with a vengeance! But the mischief of Mr. Gladstone's financial failure does not end here. He virtually confesses that he offered too low terms to the dissentients ; and that by their resistance they obtained better. Does he imagine that the holders of Exchequer Bills, who are now doomed to receive but 14 per cent. interest, when the Bank rate is 34 per cent., will forget this lesson, and, when the time for their ren ewal comes, fail to demand either an increased rate of interest or their money ? This is a dilemma we have more than once touched on. But worse than all is the injustice tot hose par ties who have accepted the terms originall proposed by Mr. Gladstone ; who find themselves possessed of an unmarketable stock in the new Two-and-a-Half and Three-and-a-Half per Cents., and who could not dispose of it except at an enormous sacrifice. Again, if Mr. Gladstone prolongs his option to trustees, they will be guided by the state of the Money Market when that option expires. If, unfor tunately, peace is not maintained, they will not accept even the Three-and-a-Quarter per Cent. Stock proposed; and Mr. Gladstone will either have to offer still higher terms, or take the chances of the money market when the time for paying off the holders arrives. As for allowing the Government the power of making such bargains with individuals as they may deem expedient, it is wrong in principle, and might open the door to a system of jobbing that would bring our financial system into disrepute. The better plan would have been to have left mat ters as they were ; for this attempt to tinker up an abortive scheme is a serious blunder. It will not suc ceed if there is a war ; and if peace is maintained, by the time the money was required to pay off the dis sentients, the state of the Money Market would be so easy that other parties would have been glad to take up their stook; and thus this exposure of financial weakness would have been avoided. Notwithstand ing the greater chances of a pacific solution of the Turkish question, the Consol Market has drooped, in consequence of the distrust of the future caused by Mr. Gladstone's measures. It is naturally argued that a Finance Minister ought to be possessed of that foresight that he would not abandon his measures did he not see good and sufficient reason for so doing. The Money Market has been remarkably steady, the public have bought considerably during the week, and Consols had risen to 981 1, but fell to 981, on Mr. Oladstone's resolutions relative to the South Sea dissentients being made known. Exchequer Bills are very heavy, and the market evidently would not bear any addition to the number already afloat. The rate of money is very easy on the Stock Ex change, not more than I per cent. A good demand for commercial purposes AM exists, and the rate may be quoted at 3 to # per cent. Large remittances of gold to the Continent con tinue, which find their way to Russia and Austria, for the payment of their armies. It is a singular fact, that notwithstanding the enormous remittances from Australia and California, the bullion in the Bank of England is 3,500,000/. less than at this period last year. Consols close to-day 981 I, notwithstanding French funds come by telegraph per cent. higher, and the exchanges are rather higher. FOREIGN FUNDS. There has been no business of importance in the foreign funds, and very little fluctuation has taken place. RAILWAYS. ----- The report of the committee on railways is con sidered satisfactory so far as it goes, and it possesses this value for existing interests, that competing schemes will in future be discouraged. When it is considered that no less than 80.000,00 0 i. has been wasted in useless schemes, it is high time that there should be some controlling power. The Railway Market has been remarkably firm, and the settlement of the account proves, from the great scarcity of stock, that the public are beginning to I invest in these securities. There can be little doubt _ SATURDAY, that, if peace is maintained, a very considerable ad vance may be expected; for nothing can be more satisfactory than the traffic returns. The scarcity of both English and French shares is very great; dealers giving I to 3-16ths per share for the loan of them for a f ortni g ht : this is generally the precursor of a considerable rise. Below will be found the closing quotations for each day. _ _ PRICES CURRENT. BRITISH Pt OFFIC: 3AL ( Mow!. 1U OT. LTION. 3 per Cent. Consols ... • Ditto for Account ...... 3 per Cents Reduced .. • . 3} per Cents .......... Long Annuities ........ Book Mock, 7 per Cent India litock,lo} per Cut. Exch. Bills, ld. per diem India Bonds, (1,000) ... • 981 il 9 9 s til 9 1 i 2 102 11 f I I 229 8 $ 7 2271 6 it 2111) 1 - 26 98} 9$ 9sll IM4 99 104 101 51 4 lint )ar 3 24 2 la. p par 21 24 2;41 SHARES. RAILWAYS— Mond. Totem' Wed. Aberdeen Nottng., Barn. & East Junction . • l ii rm• W o lv.& Stour Val. 91 10} 9 10} 9 4 l Birk., Lan.& Ches. J unc. 9 7 dis 9 7 di. 'J 7dl. Do. Ches. &Birk , 501.& 20 2 20 2 20 2 251 C. Do. do. 201. Bristol and Exeter Caledonian Cheater and Holyhead 224 22 221 Cork and Bandon Dublin & Belfast June. 3 4 p 3 4p 3 4 pin Dundee, Perth, & Aber deen Junction East Anglian Eastern Un i on 44 6 41 6 44 6 East Lancashire E. 5; W.I. Dks. & !lir. Jn.321 12 5 4 52 2 5 Edinburgh 6; Gl a sgow 72 4 72 4 7 Eastern Counties Ednbrgh., Perth, Dunj. 30 33 30 2 30 2 Great Northern . . Gt. Bth. and %Vat of Ire. 110 1 110 1 110 ' Great Western ...... 904 1 901 90? Holland Selby ....... 11314/ 113444 113 Irish South-Eastern. 7 4 7 I 7 Lancashire& Yorkshire 784 9 78 1 781 Lancaster and Carlisle 99 102 101 4 101 Leeds Northern Lon., Tilbury, &Salmi 11 lip 11 141 1111 Lou., Brighton, tee... . . 1 05 6 104 4 1 105 London and lilaek wall 81 91 61 9 5 London and Nrth-West. 1164 116 4 lio} Londndrry. & Coleraine 11 13 11 13 11 I Londmirry. & Eunsidln. 18 20 18 20 18 21 Man., Shel.,& Lticolnsh. 29 29 1 '29 Midland .... .. . ... . . 724 3 714 21 724 Do. Birm. and Derby 11 3 41 3 41 3 Newmarket Newp.,Aber.& Hereford 34 344 3131 d 34 34 3 4 Newry and Enniskillen 24 3 24 3 24 New.,Warruput.,& ltoe. 8 'J +3 9 s 4 9 Norfolk . ... .... . . Nrthrn. Counties 'Union 34 211 34 214 4 211 North British North Devon .. . North Staffordshire. • .-W 44 North-Western ... . N.& Sthestern June. p p Oaf., Wrcstr., and Wolv. 404 1% 50 1 544 1 Scottish Central Scottish Midland Shrewsbury & Birming. 57 9 57 9 58 60 Shrewsbury & Hereford 1} Old 1} Old 11 Olci Shrewsbury & ('heater 17 9 17 9 if 9 Shropshire Union .... 31 34 3 311 34 34d' South Devon South-Eastern and Dov 724 3 724 31 72 3 South-W estern S o uth \Vales 36 30 36 Bth. Yorksh. & Mr. Dun 13 14 13 14 13 14 Stockton & Darlington 25 7 25 7 25 7 Thms•HavenDk.& Rail 21 2i 24 21 24 21 Vale of Neatii W a t e rford & link gt 91 84 9}84 94 Waterford & Limerick 30 2 30 2 so 2 West Cornwall 94 101 91 104 94 10 Wimbledon & Croydon Wo4Blford York, Newc., and Tier. 70 1 69 70 69/701 1 York and Nrth Midland 61 2 0) 1 CO 1 BANIIa Australasian Ch ar tered Bank of Asia Id par d par 1 d pal Ch. Bank of India, Aus tralia, & China lp lip 14 ' Eng. Scteli & Aust. Ch 4 pm 4 pm Lon. link of Aus.& Lon. Char. Fink of Aut. • Oriental Bank Corpor. Roy. Aus. Bukhtg& Old. Importing Compare) South Australia Union of Australia • Do. New Minns — Brazilian Imperial . Do. (St. John del Hey' Cobre Copper Colonial Gold Nouveau Monde MIACELLANF.OUS— AUStraIiiiII Agrietallt Brit. Anterictui Land rm. Friday. 7 264 971 Ai 3 10 di* 9 7 dis 20 22 3} 2} dis IU2 1(4 9 i 23 8 01 88t ; 22 221 11 211 31 41 pill 8 9 54 5 1 44 49 73 74 62 55 72 74 121 131 30 32 861 871 111 113 11 78 nr' 21 3pp., 3 pl 3 48 9 1 48 481 pard palld 44 7 45 7 45 79 F.O 79 NO 79 Si St st 4 41 4 41 4 ) . 32 4 32 4 32 1 lilt 11 pll 1 34 35 33 35 33 6:1 s 83 8 co fig 70 88 70 l 9 1712/IP I I 2 IIP WI - ptu i t Intk i,i 1 1 i limit I Pul t Canada Crystal Palace Crystal Palace of France Nortl Aus. Do. Preference ...... Peel River Land llin. Scottish Aust. Invest. South Australian Lano, V a n Diemen's Land 1101 Ijl 2 2 p 2 22 1 „at) 40 1 U6l 704 Ti 001 1131 7 78 102 105 I 14 U 4 lir 11 11 pm Alll 1 0 34 10 1 4 116 9 1 11 6 8 1131 11 13 11 13 18 20 18 20 29 8 2 9 29 8 74 21 72 721 41 3 41 43 55 7 55 57 31 31d 31 31 1 21 3 21 3 59 8 9 52 4 52 54 31 24 331 1 31 21 33 4 841 1 41 . " el 4 , dl 41 41 d 6/ 81 52 3 P 521 534 93 5 93 95 61 63 61 63 59 61 59 61 14 old 11 01 d 18 20 18 31 3/d 31 31 20 d 19 21 19 21 2 3 72 72 89#90{ SO4 36 7 36 37 13 14 13 14 25 7 25 27 21 21 21 2 1 9411 14 15 1 B lf 9 30 2 31 32 94 10 94 10 69i 74 60 61 82 83 id Par 1 1 p IP 481 494 34 7' par id par i d por 7 ;5 7 0 47 SO 74 i 8 71 i S 75:d I b 44 9144 3 34 4 92 4 92 34 1 It P 4 S P 33 35 65 6K _ - If 2 p I VI, 11 11 P 2 2 P 40 4 16i 174 "E15199i 2,11511 1 - Tursd.i 9 84 el 99 lOkt 5/ 228 9 257 par 2 p 8 9 5 44 4 at I 6 t 3 4 4 2110 2 A \ 1144 - , 4 7; 7 1 . 4_ 101.4 sl 2 d pa it ill 111 IP ii v 5 's 5 71 i I'l !i pll 2I 1)\ , pro 1 P Irk_ .3.i 71 ibi I