The Press. — London, England, 1857-09-05 00:00:00

THE PRESS, SEPTEMBER 5, 1857. Obituarg. L ao B U.GONIE ' eldest son of the Earl of Leven and Melville, died on Saturday last, the 31st ult., at Roehampton Lodge, Surrey, after an illness of nearly two years duration, in the twenty-fifth year of his age. He entered the army soon after leaving Eton, and served with the Grenadier Guards through the greater part of the Crimean campaigns, although he was obliged to return home invalided towards the close of the year 1855. Since that time he had been gradually sinking until, as we have said, death put an end to his sufferings. He was a most promising young officer, and much beloved in his regiment. - _ VISCOUNT HINT" second and eldest surviving son of the Earl and Countess Poulett, died on Saturday last, at Hinton St. George, Somerset. His lordship was born Aug. 20,1822, and became Viscount on the death of his elder brother, in August, 1843. The deceased, who was a Harrovian, entered the army as ensign in the 08th Foot, in 1842, from which, after a few years' service, he retired. In October, 1852, he was appointed Colonel of the Ist Somerset Militia. By the lamented decease of his lordship, the families of the Duke and Duchess of Cleveland, Lady Charles Somerset, and several others of rank are placed in mourning. THE PRESIDENT OF QUEEN'S COLLEGE, CAMBRIDGE, died on Tuesday, at the President's lodge. The deceased (Joshua King, Esq., LL.D.) graduated in 1819, as senior wrangler, Mr. Cooper, afterwards Prebendary of Chichester, being second in the honour list, which comprised many distinguished names. Dr. King was soon after elected a Fellow of the Society, and succeeded to the Headship in 1831, on the decease of Dr. Henry Godfrey. Between 1830 and P 449, Dr. King held the office of Lucasian Pro fessor of Mathematics in the University, and since his resignation had been afflicted with uninterrupted ill-health. He was in his 60th year. The election of his successor is vested in the Fellows of the Society, and by the statutes, must take place on the eighth day after the vacancy. Candidates must be in priest's orders, and a B.D. at least; if not a fellow at the time of the election, he must be in possession of property to the amount of 201. per annum at least. - - LIEUT.-GENERAL THOS. HUTCHESSON, of the Royal Artillery, died on Friday week at Dover, in the 77th year of his age. The gallant officer, soon after he entered the army in 1799, served in the campaign in Holland in 1799, and subsequently saw considerable active service. He proceeded to the Peninsula in 1813, and served in the following year in France. From May, 18 15, he served in Belgium, being present at the battle of Waterloo, and was with the army of occupation in France until November, 1818. THE LATI: QUEEN DOWAGER ADELAIDE'S HOUSE KEEPER, Mrs. Elizabeth Fenton, died suddenly on Sunday night, in Union-street, Berkeley-square. The deceased lady, who was between sixty and seventy years of age, was for nearly forty years attached to the household of the late amiable arid lamented Queen Dowager Adelaide, and was present with that illustrious personage when she breathed her last. After the sad event Mrs. Fenton retired upon a handsome pension. The deceased was pos sessed of great wealth, and it appears that she has not a relative surviving to claim it. LADY MAXWELL, wife of Sir John Maxwell, Bart., died suddenly on Monday morning at Nether- Pollok. The deceased, who was sister of the present Lord Elgin, was born in 180'2, and was marrie,l to Sir John in 1830. Her ladyship leaves no issue. 877 Money continues in good supply, though not so good as last week ; and there has been a very active demand for it in Lombard street, particularly in con nection with the acceptances at maturity this day. At the Bank the applications have been less nume rous, but still a good business has been done in loans and advances. To day there was, on the whole, less inquiry generally. Now that the "fourth" has passed over, there will probably be diminished ac tivity for a short time for commercial purposes, though we are glad to see a little more activity in some of the manufacturing districts, as there is an impression in many quarters that, owing to the improved position of the Bank, rates will be reduced from five and a half to five per cent. All who are able will consequently wait for the anticipated reduc tion. Our own impression is that the Directors will not change their policy, merely from the fact of the Bullion and Reserve having increased. It must be borne in mind that the Continental exchanges have for some weeks not looked well, that a con siderable transmission of bullion to the Continent is in progress, that the export of silver to India and China is very large, and that the expenditure for suppressing the insurrection in India must shortly produce ccnsiderable effect upon the Money Market. On the other hand, the harvest here and elsewhere places us at ease with regard to our supplies of food, and there is no probability of the imports of Austra lian gold falling off. So that, although there will be large transactions in bullion, it is probable that our stocks may not, for a time, undergo any serious reduc tion. There is, however, but little dependance to be placed upon such a contingency in the present active movement of the precious metals. Yesterday the Bank Directors made a slight relaxation in their prac tice with regard to advances. Until the payment of the dividends they have been in the habit of making advances on three-months bills only ; but the pri vilege is now conceded to six-months paper. This circumstance is to some extent an indication that a reduction in the rate of discount may follow. We believe that no change will be made for a fortnight, at least ; and in the meantime the prospect of relaxation may bo entirely marred by the nex accounts from India. We have again to report considerable arrivals of specie. They amount to about 815,000/. The exports, independent of the sums sent to the Conti nent, which are estimated at 100,000/., have exceeded 718,0001. This amount includes 696,025/. for India and China, by the packet leaving Southampton to day, nearly the whole of which was in silver. The Bank has enlarged its stock of bullion during the week by about 180,0001. Rather more than 1,000,0001. in Australian gold is now at sea. Business in all classes of securities continues dull, partly from the absence of dealers at this period of the year, and partly from the public having ceased investing in Reduced and in the New Threes, and in consequence of the closing of the books for the October dividends. Quotations up to yesterday were better than those of this day week, particularly in Railway Shares. In Consols the improvement was little more than nominal. In both cases it was owing to an expectation of money becoming cheaper, and in railways to some descriptions of stock, such as Great Western, being very scarce. The first sign of improvement appeared on Saturday. It will be remembered that on the previous day great gloom pervaded the City, in consequence of the adverse intelligence from India, received by one of the Go• vernment papers. On Saturday the full details were published, and they were read more favourably than the telegraphic summaries. Why they should be, is a mystery to this day, but such was the fact. The im provement thereupon set in, and, being supported by the large imports of specie, and the belief of an ' easier Money Market, it was very fairly maintained until today, when a reaction commenced, and a general decline took place. This change was owing partly to the unfavourable aspect of the Paris Bourse, especially in relation to the shares of the Credit Mobilier, three of whose directors, it is stated, have resigned, and partly to an exceedingly anxious state of feeling with regard to the next accounts from India. Indeed, this sentiment with regard to India dominated all other considerations. The prin cipal causes of apprehension were the pre carious condition of the garrisons at Lucknow and Agra. No one anticipates that the news can be very favourable at the hest. But if it proves unfavour able—if more lives have been wantonly sacrificed by the insurgents—if, as some foreign journals say, the insurrection has found a vigorous leader in the miscreant Nana Sahib—if both Lucknow and Agta are still menaced with destruction, the Bears of she Stock Exchange will carry all before them, for it will be impossible for public securities, under such cir cumstances, to maintain present prices. Consols left off last Friday at 901 exactly. On Saturday they closed at 901 to 1, and the highest price subsequently was 901 to 01. Yesterday they de clined to 901 to 1. For the 14th October, the next account, they closed at 91 to 1, so that, the rate of immswmw+lssimmaiam.wissisassowssiwomm""o" Charles Shirley Brooks was born in Donghty.street, Mecklenburg-square, in the year 1415. His father is the eminent architect who built the London Institution, Dudley Church, the Church Missionary College, &c. ; and on his mother's side he is connected with the Ferrers family, of which Laurence Shirley, Earl Ferrers (a noble man who had not the good fortune to live in days when the commission of a crime is held proof that you are innocent, because irresponsible), was a notorious member. He was educated at Islington, by the 11ev. J. T. Bennett, now Sub-Dean of St. Paul's, whose house was opposite to Charles Lamb's cottage, on the banks of the New Inver. He was subsequently articled to his relative, Mr. Charles Sabine, a leading solicitor at Oswestry, in Shrop• shire. Shropshire life, with their concomitants of horses, dogs, guns, and pursuance of sporting and manly exercise did not materially advance him in the law, they had, at all events, one good effect, that of providing him with a stock of health and a most excellent constitution, which he maintains to the present day. Having traced the leading incidents in his career, the writer concludes : Journalism generally is his calling, and the anonymons system will, of course, prevent a hundredth part of what any journalist does from being known ; but any particu• larly salient hit in the pages of Punch may, with safety, be ascribed to his pen. An admirable article on the " House of Commons," published about two years ago, in the Quartetly Review, proceeded from the same source: and by his excellent letters to the Calcutta Englishman, he retrieved the character of " London Correspondents " hem the disgrace into which they had fallen. In pursuance of his profession, Mr. Brooks resides in London; he has been married for some years, and has children. And while his talent secures for him the ad. miration of his brother litierateurs, his affability, kind• heartedness, and great knowledge of the world, render him a great favourite in general society. These sketches of "Men of Mark," though con taining some details of interest, are lamentably want ing in artistic skill, and in that closeness of por traiture which alone renders such sketches valuable. The writer is deficient in knowledge of character, and seems always to be sketching his friends in a fog. The usual monthly number of the National Maga zine will be found to contain much light and instruc tive reading, and to sustain its high character. It is incontestably the best cheap serial of the day. Ot serials we have No. 111. of Davenport Dunn and No. VII. of Paved with Gold. Both display great ability, and promise well for the future. THE BEST MAP OF INDIA yet published has this week been issued by Mr. Stanford. It is upon a large scale, but moderate in price. It is a special map of the revolted provinces, and shows not only each military station, but the roods and railroads. It is most useful, and to be highly recommended. PUBLICATIONS RECEIVED-SEPT. 3. BOOKS. Lives of the Lord Chancellors. By Lord Campbell. Vol. IX. Murray __ . Ethel Churchill; or, the Two Brides. Hodgson Phrenology made Practical. Sampson Low Footprint* of Life, and other Poems. By Alsager Hay Hill. Hall anti Virtue Daceitee in Excelsis ; or, the Spoliation of Oude by the East India Company. Taylor Exelerhall Sermons for the Working Classes. Partridge The Danube and the Black Sca. By Thomas forester, Esq. Stanford The Conquerors of British India. Illustrated. By J. H. Stocqueler. Routledge PAMPHLETS. The Master and Mist; eSea7;4l)cimestic Saroant—Gorern• ment, Legal, and General Saturday Half Holiday—Summary of the Case in reference to the London and liorth•lt'estern Railway—A Lecture on Bodily Exercise. PERIODICALS. Fraser's Magazine—Le Follet—The Art-Journal—Casselrs Art-Treasures Exhibition. MAP. Stanford's Special 3fap of the Revolted Districts of India THE QUEEN'S SPEECH, which we published last week, was delivered in London on Friday afternoon at two p.m., Greenwich time, and was transmitted by the magnetic telegraph so rapidly as to arrive in Belfast at ten minutes before two—the telegraph thus beating Old Time by ten minutes. The diti'e• rence between London and Belfast is twenty-five minutes ; so that the time actually employed in the transmission of the speech was fifteen minutes only. THE FIRST TUBE OF THE ROYAL ALBERT RAIL WAY BRIDGE was safely floated across the Tamar on 'Tuesday, at Saltash, in the presence of Mr. Brunel, Mr. Michael Williams, M.P., and many distinguished persons. IS PHOTOGRAPHY A TRADE, is a question at present under the consideration of the Recorder of Leeds, before whom a case has been laid by the Leeds magistrates, charging a photographer with a breach of the act which forbids any tradesman, artificer, workman, or labourer from following his calling on a Sunday. The point is, whether a photographer is an artificer? Conk glaritet anb (ttitg 3nttlligtutt. FRIDAY EVENING. Jl lIE return of the Bank of England for the week ending the 29th of August shows the following changes compared with that of the week preced ing : Increase in Circulation Increase in Public Deposits Decrease in Other Deposits Increase in Securities Increase in Bullion Decrease in Rest Increase in Reserve Bullion iu Both Departments Circulation, including Bank Post Bills 20,108,234 The demand for money last week is shown by the addition to the securities, which now amount to 17,m11,000/., and a small sum has been withdrawn from the Private Deposits ; but, on the other hand, the Reserve continues to increase, and the Bullion has received a considerable addition. rhe Public Depo sits are still growing. On the whole the return is satisfactory, but its favourable features have been anticipated. `J