The Sun. — London, England, 1862-05-09 00:00:00

MONEY MARKET, CITY, TWELVE O'CLOCK. The Bank of England return, completed to the 7th instant, is of a satisfactory character. There is a large increase in the reserve of notes, and the bul lion has also been slightly augmented, while a con siderable diminution is apparent in the other secu rities. The public deposits, owing to the active collection of the revenue, show a large increase, but the private balances necessarily exhibit a diminution. The various items, and the changes they present, are shown in the subjoined analysis:— Active Circulation .. £21,048,580 Decrease 211,110 Bullion .. .. 17,265,745 Increase $0 $0 110 00 176,299 Rest .. 3,103,441 Increase .. 0* 00 *0 21,299 Public Deposits .. 7,503,991 Increase .. 636,616 Other Deposits.. .. .. 13,866,643 Decrease .. *0 00 00 490,364 Seven Day and other Bills .. 704,304 increase .. .. 00 00 16,997 Government Securities .. 11,231,368 Increase .. 00 0* 00 20,613 Other Securities 17,632,846 Decrease .. 00 00 00 223,474 Notes unemployed 1.0,004,125 Increase .. 00 00 00 372,135 There is no change in the: money market. The withdrawals of gold from the Bank of Eng land, and the expectation that the movement will increase through the transmission:of the Foreign loans lately obtained, induce a feeling of greater reserve among the banks and discount prices. Neverthe less first class bills are still negociable under the minimum of the Bank of England. The bar silver by the Atrato from the West Indies has been sold at ss. lid. per oz. standard. At the Bank of England yesterday there was an influx of £12,000, while £50,000 was withdrawn for Turkey. The Panama which left to-day for the Brazils took out £105,000 in specie. There was rather more activity in the Liverpool Cotton Market yesterday, but prices continued depressed. The sales were 5,000 bales. During the last few days the Foreign and Colo nial Produce Markets have exhibited considerable animation. Sugars have been in good demand at enhanced prices, while good and fine qualities of coffee have been eagerly sought for at a further advance. Rice, however, continued inactive, at about previous quotations. For saltpetre there has been an active demand, and quotations tend upwards. Tallow remains at about previous rates, for both present awl forward delivery. An instalment of 15 per cent. becomes due to morrow on the Egyptian Loan. CITY NEWS--THIS DAIL Two O'CLOCK. Very little business bas been negotiated in the English Stock Market this morning and a few sales have led to a decline of per cent., Consols being 934 for money, and 92Z, 2, ex div., for the June account. The New Threes have receded to 914 I, the Reduced to 91-a '4. Exchequer Bills are firm at 19s. to 21s. prem. ; Bank Stock is 238; India ditto, to 227 and 229 ; and the 5 per Cent. remains 109±, In the Foreign Market the principal feature is the continued decline in the value of Spanish Cer tificates, dealings haying taken place at 6 1. Mexican have receded to 32 ; Portuguese are steady at 46 ; Russian 5 per Cents. have improved to 97 1; and Italian are firm at 708 71; Spanish 3 per Cents. aro flat at 54; Egyptian Scrip has advanced to t prem. ; Turkish 6 per Cents., 1854, are 804 811 ; ditto, 1858, 703 ; 71+ ; and the Scrip remains steady at 21 3 prem. The Russian Loan is I prem. The Alliance Bank Shares are 51 I- prem.; Im perial e prem. ; Northern Counties 11 I prem. ; British Columbian a prem.; and Brazilian 214 - prem. In the Miscellaneous Market Rio de Janeiro Im provement Shares were firm at 261, and Red Sea and India Telegraph Company improved to 19. A very limited amount of business has been transacted to-day in the Railway Share Market, and prices show a further depression. Eastern Coun ties, London and Blackwall, North-Western, South- Western, and Midlands, have each receded 55.; and South Easterns, 10s. The Foreign and colonial undertakings have con tinued inactive, Sambre and Meuse receded to 11 and 11-1 ; Great Luxemburg realise 141 ; Grand Trunk of Canada, 25 ; Great Western of Canada, 12a; East Indian, 104 104± ; and Great Indian Peninsula, 1021 Joint Stock &Lk Shares are in one or two instances a shade firmer. Oriental Bank realise 511; Ottoman Bank, 261 1; City Bank, 961; London and South African, 101 101; and English Scottish, and Australian Chartered, 191. BRITISH FUNDS—CLOSING PRICES. Bank Stock 3 per Cent. Reduced Annuities 9ll i I 3 per Cent. Consols Annuities New 3 per Cent. Annuities 9l lt 1 I India Stuck Ditto 5 per Cent. Ditto Enfaced Paper, 4 per Cent — Ditto 5 per Cent, 1031 Ditto Bonds :0,000 Coals for Account s J une 10 ... India Stock for Account, 5 per Cent Exchequer Bills £l,OOO, 3 per Cent ..... . 21 19 Ditto £500 bitto Small FOREIGN FUNDS--CLOSING PRICES. Chilian 6 per Cent Ditto 41 per Cent Danish 3 pei Cent., 1825 ' Egyptian, 7 per Cent 11fsxican, 3 per Cent Ditto Account Portuguese 3 per Cent., 1853.. Ditto Account `ingsian 5 per Cent 1822 £ St .. 96 Ditto Account. .. Spßnish 3 per Cent Ditto Account Ditto Passive ; Spanish Ce:i.t. of Coup. not funded Turkist, 6 per Cent. 1854 l Ytttu Account BOl 11 Ditto 6 per Cent , 1858 Ditto Account . :Ditto 1862 (Scrip) 3 21 1 Ditto, Pain up Scrip Ditto Guaranteed, 4 per Cent. Wridends on thexc above payable in London. Dutch 21 per Cent., Exchange 12 Guil 6 41 • Ditto Certificates, 4 per Cent. Italian, 6 per Cent., 1861 Conßols, Money THREE O'CLOCK. Ditto Joao ditto 92t ex div. THE MADRAS RAILWA Y . ANNUAL GRNF.R..tL DaRETINU—(THIS DAY). The annual general meeting of the directors and share holders of this undertahin g Was held this afternoon at the London Tavern. Lieut.-Colonel Sim presided. The report, an abstract of which has already appeared in The Sun, having been taken as read, The CHAIRMAN said he had to congratulate the directors on the completion of their main or South-West line, which wo.s no less than 406 miles in length from Madras to Bey pour. During the half-year ending the 31st December an additional section had been opened, the result of which was that the mileage of this line under traffic had been increased by 271. The line had taken nine years in construction, raher longer than was expected, but when the shareholders considered the distant scene of operation he thought they 'would agree with him that the time consumed had not been immensely long. The construction of 406 miles of railway in England, where everything was to be ea.ily obtained, ' would bo considered a work of some magnitude ; but in India it was a work of immense labour. The line had been constructed in the best and most substantial manner; and as he had seen a gentleman who had travelled over the line, he was in a position to say their works were in the very best ordor. Twelve miled of the Bangalore branch were ready for the reception of the permanent way, and it was confidently expected that, by the end of next year, the whole would be finished. That branch was expected to prove a very remunerative one. The chairman then pro ceeded to allude to the mode of travelling adopted in India, and said the grrat mass appeared to adopt the cheapest mo le of going over the distance rather than to adapting the first-class rate of fares. This was no doubt owing to the poverty of the lower class ; but as he thought it was a circumstance that would continue for some time, it would be one that required the greatest consideration. After again congratulating the meeting on the position of the under taking, the chairman moved the adoption of the report. Mr. ARBUTHNOT seconded the motion, which was agreed to unanimously. A SHAREHOLDER asked if the chairman could give them a ny estimate of the cost per mile of the construction of the main line. The CHAllymix said no calculation bad been made, but he thought it would amount t o b etween £B,OOO and £lO,OOO, but that would include rolling stock. The retiring directors . a nd auditor were t h en re-elected, and the proceedings terminated. SHARE MARKET---THIS DAY. ORDINARY SHARES AND STOokS. Railways. I Closing Business Paid, Price. done. Bir., Wol., and Str. Val. Bost , Sleaf ., andMid.llo. Bristol and Exeter 7i 8 6 7 91 03 1081 109 Caledonian Cork and Bandon 1 Corn wall Do A A gets no div Do. B till6p c.p an.has been paid to B. Dublin 45z Belfast June. Dun.,Perth,&Ab. Junc. East A np - ,lim Eastern Counties Eastern Union, A stock Do Bdo do East Suflolk 6 61 1 2 5 6 41 43 10 11 211 221 58 59 59 61 39 41 Edinburgh & Glasgow.' Edin., Perth, & Dundee' i3lasg. and S. Western.' I (3 reatNrthn. of Scotland 'Great Northern... Do A stock Do li do 'Gt. S. an I W. of Ireland , IGreat Western 89 91 30& 816 , 102 101 I 140 145 115 116 Ill3i 1146 132 134 105 106 74 746 I 55 57 107 1076 60 62 122 123 44 46 941 65! 996 1006 10 12 42 43 _ Do Str Val gua. stock Lancashire & Yorkshire (London and Blackwalt jLon., Bright,,Ar S. Coast' Lon., Chat., and Dover, Lon. Si North Western', 'Lon. & Sonth Western, L'derry &Enniskillen. j Shef., ,t Maryport and Carlisle. Do # shares ,• Metropolitan Midland Do New 8) 9 127; 128 1 0 I tp 98 10 Do Birminv,. lz Derby !Vlid. Gt. W. of Ireland Do. A shares Mid Kent Do Cray Line Newcastle and Carlisle, Norfolk North British N or.Dev.Rail&Dk.stock Do A stk ; A recs no d till 6 pc. has been pdß, Do B stock 67 69 62i 63 Nth. Eastern—Berwiok Do, G.N.E. purchase Do Lecds Do York North London Do new North Staffordshire N. and S. W. Junction Scottish Central Scot. N. E., Aber. stock Do Scot. Mid. stock I Shrews. and Welchpool' Shropshire Union South Devon S. Durham & Lane. tin. South Eastern South Wales S. York. and River Dun Staines, Wok., an dWok• Stockton & Darling - ton Do On 071 1 id 55} 651 841 85} 100 10'2 in P b 4f 41 d 10f 111 124 126 47b 481 105 107 Do New, 1860 Taff Vale. Do Pref. No. 1 Ulster Do 1 1 Do Vale of Neath Victoria sta. and Pim Waterford & Kilkenny, West Cornwall West London Do Ist class Do 2d class W. Hartlepool Har.&R.' West Midland -Oxford: ' Do Newport! Do Hereford 46 48 36 38 84 841 67 68 99 101 6 7 37i 38/ 8 4 oi P 6 64 p 145 150 55& 566 24 3i 93 - 95 - 130 135 6 i 174 46 48 43 45 87 83 LINES LEASED AT FIXED RENTALS. Railways. IPaid. Leasing Closing Business t. Bedford and Bletchley all Ln.&N.W Birkenhead., Buckingh msaice.. Chester & Holyhead.. 100 Do ... 54 56 Do. 51 per cent 100 Do. Do. 5 „ - 100 Do. Clydesdale Junction 100 Cledon lO2 104 Colchester, Stour Val. 100 E.1T.&E.0 E. Lincolneh. g. pr c. 100 Gr.Ncrth. 136 138 E.Union,HarwichShs all E.Counts. 4 41 Do. WoodbridEre... 100 .. • • • • Gls.Barr.&Neils.Drct . . 100 Cledon .. .. Gloster &Dean Forest! all Gt. West. .. .. Hull and Selby all Yk.N. Mid 110 112 Do. halves i all Do. Do. quarters I all Do. Lancaster & Carlislei 100 Ln.&N. W 199 202 i 200 Lon. and Chat. Ext. B 6 per cent 1 all Lon.&Cht 11 111 lli Do. Bromley, 6 per c all Do. ...... • • • • Do. New Sh 1861, 4 p.c all D 0........ 20 22 Do.W.•. Ext. A, 41 1) c all Do 8 0 Loudon & Greenwich ! 100 S. Eastern 62 64 Do. Preferen , Lon.,Tilbdir S._ -thend 100 Peto &Co BB 89 Lowestoft gua. 4 p c.. 100 'Norfolk Do 6 per cent lOO Do. Mnc.,Bxtn.,t 'Matlock all LNIV& 31 33- 41 Mid. Bradford Prefer ence stock 1 100 Midland 195 97 Newrnarkt, BuryEx 5. 5. 6. E Counts. p i p glia. 5 per cent... , PM Northn.&Eastn. sp. c.: all Do. Do. 6 per cent. ....' all Do Do. Fixed sp. c.... 1 all Do. N. Eastn—Hartlepool ICO N. E. Ber .. .. North Western . all Midland 1 1 , i i Not. Gran. RI. & Cl. 100 Gt. North. 92 i 931 Preston and Wyre. 1 all ' L&N ' W 1 44 46 itt L.Y . k. Do. 1 shares A ' all i Do. ••• • . . .. .. Roystn.Hitch.& Shep 100 IGt.North. 1 35 137 Shrewsby & Hereford 100 ;T Brassey 125 130 Do. Do. 1 3 1 , . 1/ 1/p 5 South Staffordshire ' 100 i Ln.&N.IV .. .. Wilts and Somerset 100 IGt. West. 92 94 Wimbledn t Croydon. all IL.&Brgtn 81 91 PREFERENCE SHARES. Share! Railways. Paid.( Closing Business Price. Done. 25 Blythe and Tyne 10 p.c pref. issued at £5 all et Brfa. & Exet. 4p.c. st 100 94 96 20 Do. shares st raledon. qr. shrs, No. 2 100 Cork & Bandon, 54 p. c. all 20 (Cornwall, 5 percent all 20 21 64 ;Dun.Perth, & Ab€7,Jun all 6 64 10 'Do. Ist Class Pref . all at Angn. Class A Pref c lOO 100 105 Coun. Ex. 5 p.c. No. 1 100 109 111 st IDo No. 9 100 108 110 st Do, new 6p.c. at lOO 127 129 at Eastern Union, 4p. 100 81 86 st Do. sp. o. guar lOO st ' Edin.&Glas.s p.c. shares 100 110 112 at Do. Ip. c, gUar. S. &t) lOO 90 02 at I Glas..tc S.West. gu. 5 p.c lOO at ;Great Northern, sp. c lOO 116 118 1101 at D 0.5 p.c.Redm.lop.c.pm., 100 112 114 st Do. 44 p. c, do lOO 104 10G at Do.sp.c.ltedmatsp.c.pm 100 107 109 10 Gt. Nh. of Scot. Ist pref. all at Sn. & W. (Ireland) 4 per cent lOO 97 99 974 50 Great West. (Berks and Plants Ext) 5 per cent 6 at a Do. rede em . 4 4 p. ct lOO 100 102 t Do. redeem. 4p. ct... 100 91 93 at Do. Irredeem. 4p. et lOO 92 94 at Do. sp. c. redeeln. pref. 100 102 104 104 st Do. Ilirm. guar. stock all 76 78 st DO. Birm. pref. stock 100 at Do. Chester guar. shares 100 76 78 Do. Chester 8 p.c. pf. shs 100 170 180 Do. Chester 5 p.c. pf. she all 103 105 100 Lan. & Carl. 41 p.c. pre( 80 - at Lan. & York. 6 p.c. stocl: 100 137 139 at Do.l3arnstst£s 2s 10doe 100 at Do. 6p. c. (East Lan.) lOO st Do. 44 p. c. (Blackb. pur. 100 102 101 st Lon.&l3rig.sp.c.gu. No.l 100 116 118 at , Do. 5 per cent. do. No 2 100 116 118 at tt ,Do. 56 p p e e r r e a e e n n t f.. d d 0 0 . . N .. 0 4 . 1 100 0 1 1 3 16 6 1 1 4 1 2 2 st Do. 7 per cent. pref. stk i 100 152 156 at Do, 6 p.c. do(W.K&C.P.) 100 129 133 st Do. 4 p c.st(div.detliP6s 100 77 79 t Lon.Chat.&Thw. sp.c.pt. 100 01 05 942 st Lon. &N. W., Coy. A. Nuneaton, 5 per cent. 100 at Lon. & S.West. 7p. cent. at., late 3d shares .... 100 124 Londony. & Ennis. 4 shs all 14 144 st Man. Sh. & Lin. 6 per ct. 100 124 126 6 Do. £6 st Do. 34 per cent, ........ 100 68 70 10 Do. redeem. 6 percent... 5 /pm 124 Maryport & Carl. 4 pr. c. all .. 124 Do. 44 per cent. at Midland Con. 6 P. c. stk lOO .. at Do.Con.Bris.& Bir. 6 p.c, 100 138 140 at Do. 44 p.c. pref. at. rdem 100 102 101 101 st Do. 44 p.c. irredeemable 100 8 Do. 44 per cent . all at Do.Letc. andHit4per et . 100 94 96 at Norflk. sp. c. Ex. st. 1846 100 at Do. 54 p. c. Pref. at. 1847 100 .. at Do.sWay.ValEx.st.lB47 100 st Nort British, 5 per cent 100 110 112 st Do. New gua. 5 per cent 100 108 110 10 Do. Bor. Un. g. prf. shs., all 1 lt pm st Nth.Dvn.Rail.&Dck.Co. l 100 st N-East. Cons. pref. 4 p.c.l 100 .. 9S/ at Do. 44pr. et' redeemable; 100 100 102 at Do. G. N. E. 4p. ct. pref 1 100 96 98 17 Do. Berwick 4p. c. pref.' -. 13.4 1 4 d 20 Do. Leeds 6p. c. No. 1 13 .. 124 Do. do. Quarters, 1848 9 .. 25 Do. York, El. &S. Punch. 10 par 4 p 20 North Staffordshire all 224 234 at Scottish North-Eastern; st 34 South p. c. pref. stock....' 100 • • • • at Do.Aberdeen,gua.6p.c 100 .. t at 1 O sa . tt 6 & Di : tooh: Fixed lo Do. aesvDo. 7 p. ctoe. 44 tpAn L eenra s , dte cent Onns ki l aa o ll Co ll 1 1 : 1 . 0 5 . 1 1 4 . 1 0 . 46 Fixedpe r c 4 e i n p t e Ann., 1.0 .6) all 234 244 all 101. 28 023: s a s st tt South Dp oo. Wales, sp erdcoe gua.nt.cent : 100 101 103 85 p. c 100 .. at Do. 44 per pe n t at 'S. Yorkshire, 4p. c. gua . 10 , 20 Do. sp. gua. 17 25 Stock. & Dar. Asp. c l4 p 25 Do. B6P. c all 33 34 25 Do. C6p. c all 33 3 4 at Vatrfd & Kilkny, 6p. c. 100 42 45 42 at 1111(1.-Oxf Ist 411 a stk 100 125 128 126 . st I Do. 2d do lOO 120 12 5 at ,Do. Newport 5 p.c. pf.red. if ft 103 10 5 at !Do. Perpet.6 p. c. pf. 1800 100 ;123 125 at Do. till 1860 100 1110 122 COLONIAL GOVERN IC'hui . .pon 7 fi p.aJa..&J my 1877-S2 Do 6 p. cent.lBB3-4 Do. 6 p. c. Feb..!, A uLf. Do. 6 p. c. Mar. it Sept. Do. 5 per cent Do. Inscribed stock, Cape G.llope, 6p c. 1873 Do.Ap & Oct 1880 Do. 18901 Do. Jan. & July, 1891 1 Ceylon, N0v.1861, 6 p el N.13.G0v. 6 p.e...111.&Ju1y 1)3. 6p. u.Ap. & Oct. N. S.W. Gov. 5 p. c.,1866 , Do. p. c.,1871 to 1876 Do. d0.,1888 fi upwds New Zealand 6 p. cent. Nova Scotia Gov. 6 p. c. ateriing„ 1875. S. Au5,G6p.c.1870.& up Vtc.Gov. 6 p.e. 1 Do. do. 6 p.e. Ap.dzOot MENT SECURITIES. 111 i 1 111 1011 fi 111 112 108 110 108 1 1 0 1011 1 0 i 100 101 1109 111 110 112 111 113, 112 1141 1108 109 100 101 99 100 98 99 109 111 1109 110 1(* 110 ;108 110 ;105i look 1051 1 i Share 13.14 6.4.0 19.15.4 12.10 581 i n 8 73 1 I it 107 i * 604 41 991 100 99i 42 11 81 1271 1 1 d 55} i 85t 84 i 3; 4 31 67 i VIE SUN, LONDON, FRIDAY °EVENING, MAY 9, 1862. BRITISH POSSESSIONS. Closing Sharel Railways. Paid I Price. Business done 100 Atlantic &St Lawrenc e a ll 67 72 ( Bom.,Baroda&.Cent Ind Gu. 5 per cent. stk 1 100 1015 1025 1221 201 Buffalo and Lake Huron all 6 : 6 5 1 6 , 4 Buffalo,Brant,&Godrich 100 lOO 83 86 205 Do. New 10 Do. Preference ...... all 84 9 I 6 p. ct. bds. Aug. 1, 1872 100 Do. do. July 1, 1873 100 8 1 84 100 Do. do. June 1, 1679 100 80 83 5 iClcutta.&S. Eastn.(Lii, ) all 6 6 5 all Cape Town & Dock Seri] 20 201 21 176 'Demerara.. ....... ..... all stock Eastn. Bengal gu. sp. c 100 1021 1024 1021 stock East Indian, gu. sp. c. 100 104 1085 10 4 1 1 4 20 Do. do. 0 Ext.. .. all 4 5 stock Grand Trunk of Canada 100 24 25 25 4 4 :100 , Do. 6 per cent. Pref.. all 71 74 100 Do. 2d Pref. 6 per ct.. all 6 , 63 100 Do. 6 per ct. Debentr. all •40 43 100 Do. 7 percent. 1862 .. all 93 46 100 Do. do. 1867 .. all 36 38 100 Do. do. 1872.. all 36 38 stock Gt.lndia.Penin.g - ua.sp.c. 100 1021 1024 1021 1 / 20 Do. New gua. sp. c... 12 5 1 p 121 stock Gt. South.of India (Lim guaranteed 5 per cent. 100 1011 101 102 201 Gt. W. of Canada Sharer all 124 121 121 20/ Do. New .. . ... .. . ... 16 8 71 100 Do. 6 p.c. '73 with't opt. all 102 104 100 Do. 51 p. c. do. '77 d 0... all 93 95 100 Do. 1878. all 93 95 stock Madras. guar., sp.c. .. 100 101 102 102 5 stock Do. 41p. c. Extensior 100 94 96 stock Do. 44 do.. .... 100 92 94 stock Melb.Corp. 6p. c. Bnds. 100 20 Newßr unswick &Canda Ity.&Land(Lim.)g.l3pe Class A Capital Sharc a ll 5 7 Do. do. Land d 0........ 20 Do. do. B Capital d 0... all 4 6 „. Do. do. Land do. ....... stoat Scinde ........... . A... 3, 100 103 104 103 20 Do. Punjaub .. ii t 1 15 4 IP 1;(4 1 , Do. Do. ... .. ;s" c: all 205 204 stock Do. Indus. St. Flo. tg 100 1 , 9 100 10 (Trinidad (Lim.) Scrip.. 1 l 1,- FOREIGN RAILWAYS 20 Algerian 1 5 10 Antwerp & Rotterdam 1 all 7 4 7 1 7. 7 4 20 Ardennes.... ......., I all - —r 20 Bah.&S.Fran..Lim.7 p.c 161 1 15 171 5 Belgian East. Junction all 15 11 15 Carmeaux Mine & Rail ac 11 12 100 Copiapo ........ ••.. • • all -- 10 Ditto Extension all 4 5 4 20 Dutch Rhenish l6 1 1 liP 20 Eastern of France all k 2 z 3 20 Grand Rue Guar. 6p. c al: 20 Gt. Luxem., Con. she all 14 1 14 1 14 5 20 Italian Junction all 20 Lyons & Geneva all 20 Namur & _Liege all I 'l 9 81 20 Do. 6p. o. Prof all 20 21 16 Northern of Prance all 414 425 16 Do. New Shares _ 15 10 Norwegian Trunk Prot. all 8 10 9 20 Ot'mn(Smyrna to Aidn) 15 8 7 20 Paris,Lyons, & Medi ter. all 431 44i 20 Paris & Orleans.. _ all 51 63 20 1 Recife & S. Fran. (Fern ) ,:cua. 7p. ct. lim 19 45 35 151 20 Riga & Dunahurg all 20 Royal Danish all 13 15 5 Royal Swedish ....... all 1 4 Do. 7 per cent. Pref all 20 Sambre & Meuse all 11 11 5 1 1 4 ill i 10 Do. 51 per cent. Pref all 91 10 20 San Paulo, lim, g. 7 p.c 8 1 ipm 81 20 S.Aust. &Lomb Venetin 18 31 4 p 22 20 S. East Portugal 7 p ct. 7 -- 20 Southern of France all 321 331 81 West Fiandern ...... all 74 8 10 Do. 55 pc. Preference all 101 41 , 4 20 W. & N.W. of France all 215 221 214 SPORTING---THIS DAY. NEWMARKET RACES, THIS DAY. BY ELECTRIC TELEGRAFR. SWEEPSTAKES OF 100 SOUS. Palestro Wallace Brown Duchess Won by a head. Brown Duchess beaten a long way ,f5O PLATE. Batsman Joyful colt Eleven ran. SWEEPSTAKES OF 10 EOYS. Mourbouquet Acrobat NEWMARKET STAKES. Canwell Argonaut Xuru110 Three ran. HANDICAP SWEEPSTAKES OF 25 SOVS. Carbineer 1 Amy Makeless Six ran. SELLING STAKES. Madge Wildfire . 1 Castor Oil Six ran. HANDICAP PLATE. LAW-THIS DAY. COURT. OF DIVORCE. (Before the Judge Ordinary.) BRIGGS V. BRIGGS. This was a petition presented by the wife for divorce against her husband on the ground of cruelty and adultery. Mr. Thomas Horsely, an artist living at Sunderland, said he knew the parties to this cause. Mrs. Briggs he had had known about 10 years. He was present at the mar riage, which took place on the 30th June, 1857, at St. Thomas's, Bishop Wearmouth. On the 2d of August last he attended Walton gaol, in Liverpool, and there saw the respondent Briggs. A woman of the name of Eliza O'Neill was present. Jane Briggs, the petitioner in the cause, said after the marriage they went to Scotland, and Len they went to reside at Thirsk. Mr. Briggs commenced business as a grocer very shortly after they arrived at Thirsk. He treated her with great cruelty. On the Sabbath morning Mr. Briggs threw a teapot full of boiling water at her, which scalded her. A week after he threatened to stab her. She rushed into a neighbour's house and remained there. About a fortnight after that he held both her hands to a heated oven, which burned them very much. After she got away from the oven she went upstairs to put some linseed oil on her hands, but he came up after her, and as she was leaving the room he threw a knife at her. On the 16th of October he held a loaded revolver to her head, and threatened to blow her brains out without she gave him money. She gave it him through fear. The Judge Ordinary asked how long they continued to live together, and what caused them to part. Witness said she left him a week after he had held the pistol to her head. The day before she left the house he had beaten her severely with his fist. She had previously sent for Mr. Briggs' father. When he came he advised her to go home to her parents, and she did so. The Judge Ordinary asked if there had been any quarrel between them ? Wilaess replied in the negative. Mr. Thomas Hill, a saddler, living at Thirsk, said he re collected Mr. and Mrs. Briggs coming to reside there. He thought Mr. Briggs treated his wife with great cruelty.. On one occasion he, witness, got through the window of their house, in consequence of a disturbance between them, and found Briggs had gut his wife down by the hair of her head, and he appeared as if he was going to strangle her. That was the day before she left her husband. He had seen him throw plates at her. On one occasion he (witness) took a pistol from Briggs, as he had threatened to "do" for his wife. Alfred Davis said he had seen Briggs frighten his wife very much, but never strike her. Mrs. Harriet James said she let the respondent a room in her house at Liverpool. O'Neill was with him; she passed as his wife. They lived in her house for some months. Mrs. Briggs, who had given her evidence that day, she had never seen betore. The Judge Ordinary decreed a rule nisi. TAYLOR V. TAYLOR. This was a petition presented by the wife against the hus band for judicial separation. The petitioner detailed a series of acts of the grossest cruelty, which extended over a number of years. The re spondent was in the habit of coming home intoxicated, and on those occasions he either kicked or threatened to murder her. The on and daughter of the petitioner confirmed the evidence given by their mother. The learned counsel for the petitioner said he had a num ber of other witnesses. The Judge Ordinary thought the allegations in the peti tion had been made out, and decreed a rule nisi. POLICE---THIS DAY. MARLBOROUGH •STREET, THIS DAY. THIRD EDITION. SUN OFFICE, SEVEN O'CLOCK. IMPERIAL PARLIAMENT. HOUSE OF LORDS—TiIIs EVENING. The LORD CHANCELLOR took his seat on the woolsack at five o'clock. .... __. PRIVATE BUSINESS. The following bills were read a second time :—Dublin (Borough) Fire Brigade, Limerick Markets, North Devon Railway and Dock, Rathmines and Rathgar Improvement, and Launceston, and South Devon Railway. THIRD READINGS. - The following bills were read a third time and passed : The Cirencester District Roads and Much Wenlock and Severn Junction Railway. NOXIOUS VAPOURS. The Earl of DERBY rose to move for the appointment of a select commit tee to inquire into the injury resulting from noxious vapours evolved in certain manufacturing pro cesses, and also for the purpose of inquiring into the state of the law relating thereto. The noble lord said he should offer no apology for bringing forward a subject, which, both in an economic and sanitary point of view, was pressing itself upon the attention of Parliament. Having referred to the steps that had already been taken by the other House of Parliament with respect to smoke and other nuisances, which had existed in the metropolis, and which had to a great extent been abated in consequence of those acts, the noble lord proceeded to notice the dangerous system which was carried on to a great extent in many places in the North where the process of calico printing was actively carried on. It was well known that a great quantity of arsenic and white lead entered into that process, and the refuse of those works in many cases was turned into the adjacent rivers and streams rendering them dangerous in the highest degree. He had lately had the pleasure of seeing a gentleman who would be acknowledged by their lordships to be a very high authority on the subject. Dr. Lyon Playfair, who had been down to examine the state of the water in one of those districts, and that gentleman found on exa mining the bottom of one of the reservoirs that in one pound of the mud there were no less than from 10 to 13 grains of arsenic. Such being the state of matters, he thought it became the duty of Parliament to take the subject into their serious consideration. (Hear, hear.) His present intention, how ever, was not to deal with certain streams, but it was con fined to the consideration of the noxious evaporated from certain manufactories. The law upon the subject was at present totally inadequate to meet the evil. In dealing N'I6L the oubj oo 6 ho propoood to oonairl or, fi rst, the amount of injury infl cted, next its preventability, and, in conclusion, the inadequacy of the existing law. The manu facture of alum wds carried on to a great extent in St. Helen's, Newcastle-upon-Tyne, Glisgow, and other places, and the nox one vapours emitted by these manufactories was most destructive to vegetable life. !n the neighbourhood of St. Helen's the damage to timber in the surrounding districts was inconceivable. and many of the poor persons who frequently depended upon the produce of a few fruit trees to pay their rent had had those trees entirely destroyed ; and, owing to the exist state of the law, the poor people were absolutely and en tirely without redress. [LEFT SFEAKINO.] HOUSE OF COMMONS—THIS EVENING. The SPEAKER took the chair at four o'clock. PRIVATE BUSINESS. The Lords' amendments to the Bradford Corporation Water Bill were considered and agreed to, and the bill was ordered to be read a third time. The British Plate Glass Company Bill, and Webb and Craig's Patent Bill were read a third time and passed, and the Tyne General Ferry Bill was read a second time. PETITIONS. Several petitions were presented against the abolition of church rates, against the Highways Bill, against the impo sition of the income tax on incomes under £l5O a-year, and against the inquisitorial character of the tax ; by Mr. M. Ginsox from the inhabitants of Ashton-under-Lyne, praying that a law might be passed to prevent the obtain ing of licences for the sale of spirituous liquors without the consent of ratepayers ; against the appointment of the police in Ireland as registrars of births and deaths, against the Public-houses Licenses (Scotland) Act, &c. Mahalla Prophet Knight of the Thistle Nineteen ran, Won by six lengths. MATCHES. Dead heat with Knight of the Bath and Bandage. Confidence beat Cowley. 13arbatue colt beat St. Alexis. LATEST BETTING. CHESTER CUP. 7to 1 agst Zodiac (taken) 7to 1 agst Silkstone (taken) 11 to 1 agst Vest colt (taken) 12 to 1 agst Hadji Stavros (taken freely) 100 to 8 agst Stampedo (taken) MARKETS---THIS DAY. MARK-LANE. Very small supplies of English wheat were received fresh up to this morning's market, but there were several samples on offer left over from previous market days. For all qualities the trade ruled heavy, at fully Monday's de cline in the quotations. _ _ The show of foreign wheat was seasonably extensive. Sales progressed slowly in all descriptions, yet no further quotable change took place in the currencies. Floating cargoes of grain were a dull inquiry, and prices had a downward tendency. The demand for all kinds of barley was in a sluggish state, and in some instances the quotations ruled in favour of buyers. Good and fine malt soli steadily at full prices, but inferior parcels were somewhat neglected. Good sweet oats were firm as to value. Inferior descrip tions, however, were dull, and the currencies had a down ward tendency. Beans and peas were in short supply and steady request, at full quotations. The flour trade was dull, at about Monday's currency. ARRIVALS TIM WEEK. Wheat. Barley. Malt. Oath. Flour. Eng1i5h........ 820 2 636' 1,910 970 ' 1110 sack?. Irish.. — 1,00 F0reign........ 10,890 7,750 I 23,340 j NEWGATE AND LItADENHALL. Fair average supplies of meat are on sale et these mar kets. Generally speaking, the demand rules inactive, and in some instances prices rule the turn in favour of buyers. Per Sib. by the carcase. s d a d , adad Inferior beef .. 2 8 3 0 Middlingmutton 3 10 4 0 Middling do. .. 3 2 3 4 Prime do .. 4 2 4 4 Frime large do. 3 6 3 8 Veal 3 8 4 8 Do. small do. .. 310 4 0 Small pork ~ Large pork .... 3 8 4 2 Lamb Inferior mutton. 3 2 3 8 BOROUGH HOP. Good and fine hops of last year's growth are in fair re quest at full prices, but inferior qualities command very little attention. In old hops the business doing is mostly confined to a few samples, suitable for export, at late rates. Mid and East Kents.. 126 s to 168 s per cwt. Weald of Kents .. 1206 135 s „ Sussex loss 130 s „ COLONIAL. TEA.—The dealings have been on a very limited scale, and prices have remained without any material variation. SUGAR.—Business has been more active, and for the superior and medium qualities prices have advanced tull 6d per cwt. Refined descriptions have also been in good demand, at slightly enhanced quotations. COFFEE.--A rather large amount of business has been transacted, and both native and Plantation Ceylon have realised higher prices, the inquiries for exportation having been on the increase. Rics.—Only moderate dealings have haen officially re ported, without material variation as regards values. SALTPETRE.—The dealings have been extensive, and holders demand a further advance for superior descriptions. WooL,—At the public sales of colonial, the biddings for the better descriptions of Australian have been active, and the prices established at the commencement of the sales have generally been well maintained. TALLOW.—The market has been very dull, and prices are a shade flatter. P.Y.C. on the spot is quoted 46e to 46s 3d, and last three months, 48s 9d per cwt. COURSE OF EXCHANGE.--Tars DAT. Amsterdam Ditto Rotterdam — 11 184 11 184 Antwerp Brussels 2.3 471 25 471 Hamburg-II Paris 13 8i 25 221 Ditto Marseilles A SCENE AT THE " LONDON PATILION."—UN7OUNDED CHARGE AGAINST A CONSTABLE.—Mr. Thomas Parry and Mrs. Catherine Parry, No. 4, Albion-terrace, Chelsea, both stylishly dressed persons, were charged as follows. — Mr. Emil Loibl, proprietor of the " London Pavilion," Tichborne-street, said—A little before 12 last night, as the place was about to be closed, the female defendant came from the gallery, and as she was coming down stairs she slipped down. I told two of the waiters to bring her down and lay her on a sofa, and then threw some cold water in her face, when she began to scream. A constable then came up, and he assisted me in holding the lady. The gentleman then said something to the constable, and pitched into him and knocked off his hat. The gentleman then struck one of the waiters ; and the lady then got up and began striking about at everybody, but the persons, being all gentlemen, took no notice of it. Mr. Knox—Was Mrs. Parry drunk or sober P Mr. Loibl—She was intoxicated ; and as :he fell down a second time, and then began screaming out, I was obliged to charge her with creating a disturbance, and the constable took the gentleman for the assault. Mrs. Parry— I was not drunk. I had only taken one glass of gin and water, and it must have been very strong if that made me drunk. Mr. Parry—l mercy knocked the constable's hat off. Robert Martin, 86 C, said—l was on duty at the London Pavilion, and was called to the female. I tried to assist in getting her up, and no sooner had I done so than the gen tleman knocked my hat off, but the blow did not hurt me. Mr. Knox—Were they sober? Martin—No. They were drunk and disorderly in the street, as well as at the LOndon Pavilion, and I was obliged to havo three constables to assist me in getting them to tho station. Mr. Knox—How did Mr. Parry get that black eye ? Martin—By falling down. Mr. Parry—The constable gave it me, I believe. Martin—l am certain I did not. Mr. Parry—What did I say before I touched you? Martin—You called me a" vagabond." Mr. Parry—l was coming from the gallery with Mrs. Parry, when some one trod on her toe, and she slipped down and could not get up again, and went into hysterics. The waiters then picked her up, and deposited her on a sofa, and Martin put his arms round her neck, and it being my impression that he was treating her with undue fami liarity, I might have called him a vagabond and struck him, knocking his hat off. A waiter came up with a water-pot, and threw the water about Mrs. Parry indiscriminately. I was then collared by the constable, and the bystanders said, " That's right, give it him ;" and of course it was done. Mrs. Parry—l wish to say that I was not drunk, and that the constable acting indecently towards me. Martin—l deny it. Mr. Parr} —You will, of course, believe the constable. Mr. Knox—Yes; because he was sober. I say you were both drunk. You were taken to the station, and it re quired four constables to take you; and at the station the charge was taken by a disinterested person, who would not have done PO had you not been drunk. I have not the least hesitation in believing that you were ; and what is fa nitely more abominable in the woman is the defence set up by her this morning. After all the care taken with her at the place, and the attention bestowed on her, she now charges the constable with an act, if true, would very properly get him turned out of the force. If the eonstable had acted improperly I should have had a score of persons here this morning to tell us what he had done. It is a shameful scandal, and an abominable lie she has told, and but for that I should have only imposed a light fine; but such conduct as she has charged the constable with might have cost him his situation. The defendants were then fined 20s. each, or seven days. THAMES, THIS DAY. A YOUNG THlEF.—William Andrews Anderson, a boy aged 10 years, a mere child in appearance, was brought before Mr. Sclfo, charged with stealing 13 bottles of soda water, the property of Mr. John Shreves, a greengrocer, of 20S, High-street, Poplar. The parents of the boy live in Mr. Shreves' house with their children, and Mr. Shreves, who deals largely in soda water and lemonade, had lately put four dozen bottles filled with the mineral waters in a box in the kitchen. Two days afterwards Mr. Shreves missed 13 bottles of soda water, and suspecting the prisoner, taxed him with the theft, which ho admitted. One empty soda water bottle was found concealed in bid parents' room. The others had been sold at a marim store shop. The prisoner was described by his mother to be a most incorrigible thief, whom was impos sible to keep at home. He would stop out all day, leave his home in the middle of the night, and take anything he could lay his hands on. Mr. Selfe—Did the boy drink the soda water The prisoner—Yes, sir. Mr. Selfe--What, have you drank 13 bottles? The prisoner—Yes, I have, sir. Mr. Selfe—Why, it was enough to blow you up. A curious fancy for a boy to be drinking soda water. Mr. Shreves—l gave him a dose last winter. Mr. Selfe—What dose? Mr. Shreves—A dose of cayenne pepper. I found a seed-cake of mine disappearing until a piece not larger than my two middle fingers only was left. I " cayenned" the piece of cake all over, and the prisoner swallowed it, and roared with pain like a town bull. Mr. Selfe_He did not swallow the soda water as a cooler. Mr. Shreves—No, sir ; last Christmas I dosed him with cayenne. Mr. Selfe—How long has this boy been a thief? The Mother—About four months, sir. We came from Southampton six months ago. He was a very good boy, indeed, bolDro WO left that place. Mr.Selle—Can ho read and write ? The Mother--Yes, sir ; he knows right and wrong, and right from wrong. Mr. Selfe committed • the boy to Feltham Industrial School for three years, and said his parents must contri bute towards his maintenance. THE RECENT BOILER EXPLOSION AT MILLFIELDS. —Mrs. Thomas Rose, the proprietor of these works, yes terday received a £lOO cheque from Earl Dudley towards the fund which is being raised for the relief of the sufferers by this calamity. Efforts are being made to repair the damage done, with a view to the recommencement of ope rations, which is most desirable, there being a large number of men in the Bilston district who are out of employment. Mr. M. GIBSON said that he had communicated with the noble lord at the head of the Government, and the arrangement which be mentioned was decided on. How.. ever, under the cireunvtances, ho would not bring the mea sure forward this evening. (Hear, hear.) M. MERCIER'S VISIT TO RICIIMOND7 In reply to Sir J. DUKE, Mr. LAYARD said that the visit of M. Mercier to Richmond was without any instruction from his Govern ment, and was attended with no political results. PROMOTION OF NAVAL OFFICERS ON THE THE INCOME TAX. Sir H. WILLOUGHBY gave notice that when the Customs and Revenue Bill came on he would move the introduction of a clause providing for the paying of expenses of persons who had been summoned to give information relative to their incomes. THE MERCHANT SHIPPING ACT. Lord HOTHAM asked the right hon. gentleman (Mr, M. Gibson) when he intended to proceed with this bill. Mr. M. GIBSON said that it was arranged that the com mittee of supply this evening should not go beyond 10 or or half-past 10 o'clock, when he would proceed with the Merchant Shipping Act. Lord HOTHAM said that he understood the right hon. gentleman to state last nigbt that he would inform the house this evening when he would bring the bill forward, but he had not the slightest idea that it would come before the house this evening. He acted under that impression, and communicated with some members of the house, who were absent in consequence of his statement. - Mr. LOCKE was not present when the right hon, gen tlemen made his statement, but he was under the impres sion from what he read that the noble lord (Hotham) was correct. . . RESERVED LIST. Sir J. HAY asked the Secretary to the Admiralty to hay upon, the table of the house a copy of the form of commis sion promoting the first-named 90 officers on the reserved list of the navy to the rank of captain ; and a copy of the form of commission promoting the last two officers on that list to the rank of capt tin, with any explanationthere may havebeen for the necessity of changing the form of commission : to ask for a return of the names and pay or other emoluments of the first sixteen captains on the reserved list : and to move that the case of the reserved captains be referred to the law officers of the Crown. Mr. B. Cochrane, Major Edwards, and Admiral Walcott suppor ed the motion. Mr. BERKELEY opposed the motion, and was under stood to say that he thought that the officers on the reserved list were not entitled to the promotion in question, when there were so many lieutenants who were engaged in active service. Lord C. PAGET said that this was a question which had been so frequently discussed in the House of Com mons that if he went into it at any length he would only be repeating what had been already stated by honourable members. He might state that, in consequence of the opinion expressed by certain hon, members on the opposite side of the house, his noble friend the Duke of Somerset bad laid the whole question before the law officers of the Crown, who were of opinion that the course adopted by Government was quite correct. His (Lord C. Paget's) sympathies were with the officers alluded to, but he did not think they were entitled to be placed on an equality with officers engaged 'n active service. He had no objection to the production of the document asked for as regarded the 90 officers and 12 officers in question, but drew attention to the fact that it was not usual or con'enient to lay the opinion of the law officers on the table of the house. Mr. TALBOT congratulated the house on the fact that this matter had been referred to the law officers of the crown, but he thought the opinion of these officers should be laid on the table of the house. Sir J. PAKINGTON said that there were public rea sons why the opinions of the law officers of the crown should not be laid on the table, aid he trusted that the hon. member (Sir J. Hay) would not persevere with this subject, but rest satisfied with the conviction that he had done all in his power for the class of officers in whose welfare he was so much interested. Mr. MALINS said he had been present at the different discussions which had taken place on the vexata questio, which he considered had become more perplexed by the speech of the right hon. member, who had taken a different view on previous occasions. He thought the case laid be fore the law officers of the crown should be submitted to the house, in order to enable honourable members to judge if that statement embodied all the facts of the case. B e had the highest opinion of the law officers of the crown, lout as a man of experience and common sense, an erroneous opinion might be obtained from the most eminent lawyer in consequence of the nature of the statement laid before him. The SOLICITOR-GENERAL said that the fact was that the statements made by the officers who felt themselves aggrieved, had been laid before the law officers of the crown, and that their opinion had been founded on a full knowledge of all the merits of the case. Lord J. MANNERS and Mr. COLLIER trusted that the motion would not be persevered in after the discussion which had taken place. (Cries of " Divide.") Sir J. HAY, in deference to the wishes of the house, withdrew the motion. The subject then dropped• THE RECORD•OFFICE. Mr. COCHRANE called the attention of the house to the state of the Reccrd-office, and said that the right hon. gentleman opposite (Mr. Cowper) by his statement the other evening had conveyed an erroneous impression to the house, and he quoted the report of the Master of the Rolls to show that an alteration in the present Record .office was desirable. The learned judge said that the apartments in which some of the public records were kept were unfitted for that purpose, being old, damp, and unsafe. He (Mr. e C ffi oc e h ie r n a e n y e) ef co t u h l e d p s l p a e e tt e k s f w r h om ere pe th rs e onal inspection of the in o : sited. public e papers were dep [LEFT SPEAKING•) —'People may THINGS NOT GENERALLY KN oWN ' — Po not be generally aware of it, bu t, if Mr. Cowper is to be be lieved, Big Ben is altered in tone; they have raised him to B-quiet.—Punch. before . yesterday by workmen An interesting discovery of old coins and jewelry ground in the new streets. Two WAS made at Rouen the day ta k in g up the pavement on a spot which engaged in levelling the men, who were Saint-Jean, were surprised by finding a was formerly the courtyard of the Hotel de la Pomme-de- Pin, in the e coms under the stones. number They were about the size of a " - Piece, and most of th em F renc h, o f th e r eigns of Lou is XI., Lotus XII., Francois 1., and Francois IL Some few bore the arms of Dauphiny, while others were Spanish, of the reigns of Charles V. (from 1516 to 1555). Near them was a ha n d some go ld e h a i n , a b ou t t w o feet long, to which was a tt ac h e & a l arge go ld me d a lli on , w ith heads in prscious stones. The chain appears to have belonged to a Spanish grandee of the 16th century, and weighs nearly 1 50 grammes (50z.). This treasure, the total valueofwhich as old metal is about 1,200 fr., will be sold by auction, and divided according to law ; one-half of the proceeds going to the present owner of the ground, the other half to the finders. A NUT FOR NAPOLEON.—Because Rome le the Eternal City, that is no reason why the Pope, by the tem poral misgovernment of Rome, should be suffered to make Rome an eternal bore.—.Ptoten. On the order fcr the second reading of this bill, Sir S. NORTHCOTE having taken objection to certain items in the Budget of the Chancellor of the Exchequer, said that he had to complain of the financial theory pro. pounded by the right hon. gentleman, namely, that he was responsible for any expenditure recommended to the Government. In making this observation he was only reflecting the impression which prevailed in the country, for the community at large looked forward to the financial minister as being responsible for any measures relating to finance, or at all events to Government, who had adopted the scheme of the Chancellor of the Exchequer. He contended that i was a most unconstitutional doctrine that Government should release themselves from the respon sibility of such fin tncial changes as those recommended by the Chancellcr of the Exchequer, and he referred to the authority of the late Sir Robert Peel in support of his views. The Chancellor of the Exchequer was considered to be the exponent and perpetuator of the policy of that statesman, but he denied that he was entitled to that cha racter. He was only a follower in a half sense of that statesman. In illustration of that statement he said that the policy of the late Sir Robert Peel was always to have a surplus in our expenditure, and he denounced in strong terms the removal of the duty on paper, which he believ6, 4 the late distinguished statesman, to whom he referred, would never have assented to under the financial position of the national exchequer, at a time when the impost was removed. He condemned the policy of the Government as regarded the expenditure on military works, which he contended were quite unnecessary in tt, e existing relations with foreign countries. (Hear, hear.) There was no chance of any country attacking us, and, according to the policy of this country, which was that of non-interven tion, there was no great chance of us invading other nations. Notwithstanding this fact the country was called on to provide a large military establishment to meet ima ginary dangers. In reference to Italy, it was most desirable that that country should work out her free dom. (Cheers from both sides of the house.) In carrying out this object difficulties might have to be en countered, and this country might have to be called on to interfere, but it would not be in the character of an armed mediation. Having adverted to the progress of science in regard to military operations, which had so rapidly super seded the old tactics of the military system, he admitted that the defects of our system were fully developed the events which had taken place in the Russian war, but at the same time these defects had now been remedied. (Hear, hear.) Under all these circumstance, he felt bound, without any party spirit, to object in the strongest terms to the military expenditure proposed . by the Government for the present year. Mr. W. FORSTER pronounced a warm eulogium upon the Manchester speech of the Chancellor of the Exchequer, which he said encouraged the hope that the house would be called upon to consider whether the expenditure—parti cularly the naval awl military—was not susceptible of re duction with a due regard to the honour an d safety the country. Mr. HUBBARD called attention to the unequal pressure of the income tax upon persons in the reefipt o om f fl e uctuating measures incomes, and urged the neces sit y of adopting s of redress. The CHANCELLOR of the EXCHEQUER disclaimed the exaggerated and higlily-coloured interpretation put upon his Manchester spee ch by Sir S. Northcote. So far from repudiating the responsibility which belonged to his department, he fully accepted it, and was ready to assert it in the case as well of the Government as of Parliament. He argued that the circumstances of the country at the present moment were exceptiona l ; and the ywere these—an in creased war expenditure, the distress prevailing in the manufacturing districts, and the military demands for China, New Zealand, and North America, all of which were elements which must act in a greater or less degree upon the state of the finances. Yet, notwithstanding those exceptional circumstances, the expenditure of the country had been somewhat reduced, and he had ventured to re commend that we should continue, with as much vigour as possible, but all due caution, in the same course. He denied that he had departed from the principles of the late Sir R. Peel, and in proof referred to the fact that in 1842 the right hon. baronet repealed taxes to a large amount, and ended the year with a deficit of £1,500,000. With regard to the charge that the Government had recklessly disposed of funds from which a surplus might have been provided, and that if the paper duty had been retained the surplus would have been more than a million, he did not believe that the house would have allowed them to maintain such a surplus ; and the remission of the paper duty stood as an act done by the House of Commons, and from its consequences the house could not escape. He pointed to the effects of the commercial policy of the Government in an extended trade, enhanced employment, the generally improved condition of the people, and, notwithstanding all adverse influences, the recovery of from £800,0( 0 to £1,000,000 a year of revenue since the year 1860. Mr. DISRAELI congratulated the house and the coun try upon the admission of the Chancellor of the Exchequer that he was ready to assume the responsibility attaching to his office, and defend and vindicate the financial policy of the Government. The right hon. gentleman had declared that no government could have retained a surplus had without repealing the paper duty , but h t o the omitted to state that whilst applying his surP mi"illion of a b o lition of that duty he had neglected to pa Exchequer bills then due, and he had not ey ciniaedthat he f the country h a d exhausted the extraordinary resource s f o at he had to the amount of £4,000,000 in two years, com menced the year with a million and a half of surplus, and although two millions of term inable annuities had fallen in, in, that he concluded the ye ar with a deficit of proposed railli°ltll and a half. The bill now before the house the largest amount of annual taxa tion that was ever Con t a i ne d in one bill, and it was not a measure to be petalled, of course, as if it were no more than a bill of indemnity. What were the exceptional circumstances that justified such an enor mous amount of taxation ? And why were we expending so much upon armaments ? Our self-defe.ace was adequate and complete, and we had no reason to fear invasion. We had no great object of material importance to attain; for the country was in possession of everything that the pride of a rational community could desire. Yet we had the prospect of a deficit falling upon exhausted resources and a declining trade. It was quite clear, therefore, if the ex penditure was to be maintained at its present rate, there must be an appeal to fresh taxation ; and upon whom would that fall ? During a time of peace we were bearing a war expenditure, whilst we had a financial system that wee founded on a peace expenditure. We had been increasing the expenditure to the war rate, whilst we had been gradu ally and continuously destroying the sources of permanent revenue. What, then, must follow ? The maintenance of such an expenditure must produce increased taxation, and that must fall upon that milch cow, the landed interest. la believed that the object of our increased armaments was tc• maintain our influence in the councils of Europe, and that it was the jealousy and misunderstanding between France , and England which had led to them, and which be could: only account for by the circumstancethat the two countries, having the same objects, contemplated those objects in a different light. This was essentially the case with respect to the question of Southern Italy, in reference to which the two Governments were in accord on the main principle at issues Seeing, then, that fear of invasion was an absolute illusion, that there was no point of importance that England, had to attain, and that the councils of Europe in which we wanted to exercise an influence consisted only of England and France—the latter our cordial ally—it ended in this, that we were arming against that ally. Oh, but this was called governing by moral power; but four or five years of such government by moral power would necessarily lead us to a European war. And how should we then find ourselves prepared, with our financial reserve exhausted ? Why, there was no fleet or armament that gave England such influence in the councils of Europe as the consciousness that the in come tax was is a virgin state. He called uponthe Govern ment, then, to reverse their policy, to come to a really cor dial understanding--a sensible as well as cordial under the only power which, with itself, formed standing—with the councils of Europe, and put an end those swollen and bloated armaments which had brought the country into its present state of financial embarrassment. It was only by following out a policy of conciliation, not of an overbear ing and dictatorial character, that we could establish truly friendly feelings of France, and that substantial and per manent relief could be supplied to the taxpayers of the 25 55 25 55 13 84 25 30 25 50 25 _ls2i Frankfort on Maine 1191 1191 Vienna Trieste .. 13 35 13 45 Petersburgh Berlin — Madrid : — 491 491 Cadiz Leghorn — 25 671 25 621 Milan.,,,. 2 5 57i 25 6 2 1 Genoa Naples . ....... 391 391 Palermo ........... Messina ......... F o reign Gold in Bars (Standard), per oz £3 17 1 Mexican Dollars .. ... .. ..................... 0 6 1 Silver in Bars (Standard) South American Doubloons 9 01 li 0 LONDON GAZETTE.—(Thts Evening.} DOWNING-STREET, MIT 8. The Queen has been pleased to appoint the Right Reverend Piers Calveley Claughton, D.D., to be ordained and consecrated Bishop of Colombo, in the Island of Ceylon. Her Majesty has also been pleased to appoint the Vene rable Thomas Earle Welby, D.D., to be ordained and con secrated Bishop of St. Helena. ADMIRALTY, MAT 8. Royal Marine Light Infantry—Captain and Brevet-Major Penrose Charles Penrose to be Lieutenant-Colonel, vice Curry, to retired full•pay ; First Lieutenant Cuthbert Featherstone Daly to be captain, vice Penrose; Second Lieutenant Edward Moulton Messiter, to be First Lieu tenant, vice Daly. AVERAGE PRICE OF SUGAR. The average price of Brown or Muscovado Sugar, computed from the returns made in the week en di ng May 9, 1862, exclusive of the duties of Customs paid or payable thereon on the importation thereof into Great Britain . Per. cwt. From the British possessions in America 22s. 4i d. Mauritius ...... East Indies ............. . Average price of the three fo re g oin g 22s. Ild. IMPERIAL PARLIAMENT HOUSE OF COMMONS—YESTERDAY, The SPEAKER took the chair at four o'clock. CUSTOMS AND INLAND REVENUE BILL. NEW MEMBER. Mr. HIBBERT took the oaths and his seat on his election for the borough of Oldham, in the room of Mr. Fox, the well-known and veteran Dissenting minister, who retired from inability to discharge his Parliamentary duties consis tently with his other avocations. PRIVATE BUSINESS. The Bishop Waltham Railway Bill was read a third time and passed. PETITIONS. Several petitions were presented against the alleged unjust operation of the income tax, and against the ap pointment of Roman Catholic schoolmasters and chaplains in workhouses, &c. ALLEGED INJUSTICE TO A BRITISH SUBJECT. Mr. C. BENTINCH presented a petition from Mr. George Watson Taylor, a British subject, stating that he had sustained wrongs from acts passed by the Italian Go vernment, and he prayed the house to grant him redress. The petition, which was voluminous, was lead at the table. THE MURDER IN TIPPERARY. Mr. SCULLY asked the Chief secretary for Ireland if he had any official information to the effect that the recent murder in the county of Tipperary was committed about 3 p.m., at a most open spot on the public high road within two and a half miles of the police station at New Inn, and three and a half miles of those at Cashel and Golden respectively, and that its com mission was not known to the police at New Inn until 7 p.m., at Cashel unfil 8 p.m., or at Golden until the follow ing morning. Sir R. PEEL said that three persons had been arrested who were suspected of having been implicated in the mur der in question. From the information which he had received, he was enabled to bear testimony to the efficient services which had been rendered by the constabulary in Ireland in reference to the detection of those suspected of implication in this murder. Two of those persons charged with the murder were arrested about two hours after the murder was committed. -- COURT OF ADMIRALTY (IRELAND). Sir E. GROGAN asked the Chief Secretary for Ireland if he intended to introduce any bill during the present ses sion of Parliament for extending the jurisdiction, amending the form of procedure, and payment of salaries in lieu of fees of the officers of the Court of Admiralty in Ireland. Sir R. PEEL said it was not intended to introduce any bill of that character this session. SUPPRESSION OF THE SLAVE TRADE. Mr. W. FORSTER asked the Under Secretary of State for Foreign Affairs whether her Majesty's Government had succeeded in negotiating a fresh treaty with the Govern ment of the United States for the suppression .of the slave trade; and, if so, whether he was prepared to lay such treaty upon the table of the house? Mr. LAYARD said that a treaty of a satisfactory char acter in relation to this subject had been entered into, and that he had no objection to lay it on the table. MERCHANT SHIPPING ACT. Mr. M. GIBSON, in reply to a question, paid he would not bring on this bill this evening. country. Lord PALMERSTON said the right hon. gentleman appeared to have forgotten some of the antecedents of his own party, and had talked of bloated armaments, although the Government of which he was the leader in this house took great credit to itself, in the person of Sir John Pak ington, for reconstructing the navy and augmenting those bloated armaments. The right hon. gentleman had objected to naval, to military, and to moral power; but in the ab sence of these it was hard to say what rower we were to exercise to retain our influence among the nations of the world. He also said we were in a perpetual state of hostility with France, the power with which we professed to be in amicable alliance ; but this was not the fact, as was proved by the frank and open communication between the two Go vernments in relation to American affairs, and more especi ally in the matter of the Trent. It could not be expected, however, but that questions would arise which might be looked at in different lights by England and France, ac cording as they viewed them with reference to their respec tive interests, and this sufficiently accounted for the differ ence in their views respecting the occupation of Rome and the affairs of Italy. He should have been ashamed of the Government if they had not expressed their sympathy with the cause of Italian independence, but they had not em ployed any portion of those bloated armaments for the pur pose of enforcing their ideas on that subject. He should like to know where the right bon. gentleman was when the navy and army estimates were proposed. As an economist, as a reformer, as the patron of the gentlemen below the gangway on the opposite side of the house, as the supporter of the Pope, and as the mouthpiece of the Government of France, bow did the right hon. gentleman reconcile it with his duty not to have raised his voice from his place against those bloated armaments ? He (Lord Palmerston) was as sensible as any one of the necessity of practising real eco nomy in the public expenditure ; bat economy was a distri butive virtue, and must be tempered with prudence. He also agreed that the keystone of our foreign policy was a friendly alliance with France; but without anticipating attack, that object could only be attained by meeting her on such terms of perfect equality of power that our councils should not be ascribed to the dictates of fear. France had more iron ships building than we had, - so that it was a total perversion of facts to say that the English navy was a bloated service as compared with that of other countries. Our relations with France were as friendly as it was possi ble for the two countries to be. and the policy of the Govern ment was simple and -31ain. It was the cultivation of friend - I I ship with every foreign power that was disposed to cultivate it with us. After some observations from Colonel Dickson, Mr. Lindsay (who condemned the foreign policy of the Govern ment, as most dangerous with regard both to America and Italy), Mr. Whiteside, and Mr. Ball, Sir W. JOLLIFFE said the noble lord had expressed disapproval of the use, by Mr. Disraeli, of the term " bloated armaments," but he believed there was hardly a man in the house who would not say that the armaments both of France and of this country were equally deserving the ap pellation. With regard to the bill under consideration, be objected to the manner in which it proposed to tamper with. that great instrument of defence, the income tax. Some observations by Mr. GRIFFITH on foreign policy brought the debate to a close, and the bill was read a second time. The house then went into committee of supply, and agreed to the vote of £542,000 for education. On the vote of £7,017 for the Royal Dublin Socioty, Mr. pILLWYN moved that the Chairman report. pro gress. The motion ws:.s resisted by the Government, bu t on a division it was carried by 65 to 59, and the house resumed- The Companies, e tc ., „ Al, W the Public Works and Har bours Act Amendment 80, the Oxford University Bill, and the Drainage (Ireland) Bill were severally read a second time. The Rtd Sea and India Telegraph Company Bill and the Smoke Nuisance (Metropolis) Acta Amendment Bill Were respectively read a third time and passed. The house then adjourned. SHIPPING-THIS RA- I, • 4- LONDON, May 9.—Wind thi s day at noon—South - Westerly ; moderate breeze, an d dull we ather, with occa sional sunshine and rain. QUEENSTOWN, May B,—Virind S.Vir.—Arrived—Gyda, from Philadelphia ; Scandinvian, from Alexandria; Glen garry, from Cardiff for Sc. John's, Newfoundland,. with loss of foremast, sails, Ito. (py ELECTRIC TELEGRAPH.) SOUTHAMPTON, uras Arrive d —Griffin, fro m ; Friday Mornin g. Rhoda J Omuta, from S &nage. Sailed—Friends, Goodwill, for Chichester. (BY SUBMARINE AND MAGNETIC TELE9IIAnT.) GRAVESEND, Friday 3lorning• Arrived, May B—K.athay from Manilla • Heit"ess, from York; Isabella, from Dantzic • Frances Ann, from Du nkirk; Beren G ana, from Caen; Racer, from Dragom, g itter ; *dine, from Leghorn ; Betty, from Skive ; Zelia de L eon tine, from Seville ; Catherine, from Constantinople. Arrived, May 9—Britannia, from Cadiz ; Senator ariff Fleehoing, f r om Alexandria; Tiger, from Seville; Gloriar from Luion ; Curlew, from Guernsey ; Wye, from Mogador; Bridgetown, from Barbadoes ; Annette Catherine, from Leowarden. DEAL, Thursday Morning. Passed—H.M.S. Adventure, from the river, for the west ; Sydney Hall, screw steamer, from London, for .Llaboll ; Europa, screw steamer, from London, for Genoa. Anchored—John Mayall, from London, for Cardiff. YOUNG MAN DROWNED AT AMEILREE CATTLE' MARxsT.—A correspondent writes:—A melancholy case of drowning occurred on Tuesday morning, which cast a. deep gloom over the market. A young man who belonged to the neighbourhood, and named M'Tavish, had been em ployed to herd cattle ; being subject to convulsion fits, he had been suddenly seized, and rolled down a brae into a pond not above a foot deep, and was drowned before he Was discovered.—Scotsman. THE VOLUNTEERS.—The following noblemen tf"rceo-m -and gentlemen have been appointed to serve on mission to inquire into the state of the Voluntee.r force Lord Viscount Eversley, Earl Ducie, Viscount Ils. - Lieut.-Ge- Overstone, Lord Elcho, M.P., Lieut.-Colronel inßgaAtelot, M.P., the Right Hon. E. P. Bouverie,nelti• ri g Eyre, Lieut.- neral Sir George Wetherell, Major-Ge, Colonel Gladstone, Colonel Sir Archibald Campbell, Lieut. 'A ed ilir t d h ° e . d ay r before i n repairing the Church Major Vernon Harcourt, and Colonellar: Some workmen engaged of Saint Sernin, at ToDuse, re heavy fall, a and, on ding esterday by the noise of tin a d that a man had fall.ln o f r ee roof of the transept, andolmaythone under it. The injuries received o to ut a er sce s r p ta ir i e n t th he ro ca ug us h e! h f et o the arched ceiling Ju t ' were so great tha t the unfortunate man exp i re d a few pa inter of considerable talent, r es idi ng a t Tou minutes after. T he body was reco g nise d as that of M. Lou's ISo°uuseji,e'l3l whether his death was the result of accident cr suicide remains a mystery. STEALING A CASE OF GOLD WATCHES FROM THE EXHIBITION. —A native of Switzerland, named Robert Lukay, was this morning placed before Mr. Arnold, at the Westminster Police Court, charged with stealing a case of valuable gold watches and other property from the Inter national Exhibition. One of the Swiss Commissioners said the prisoner was engaged as an engineer in that department, and one of the exhibitors sent property from Switzerland, amongst which was a small case of gold watches, amongst Which was a bracelet containing a watch. On the case being missed the police were communicated with, au t d ier l : B bracelet was found to have been pawned at Mr. in the Strand, whose assistant picked the pbna7cl:ll;rou; amongst a number of persons as the man who p awne d at the watch. He was remanded until Wednes da y ne 981 ~1