The Sun. — London, England, 1859-08-02 00:00:00

_ MONEY MARKET AND CITY NEWS. CITY, Two O'CLOCK. The Foreign and Colonial Produce Markets during the last few days have exhibited little va riation of importance as regards prices. In same Of the principal staples a moderate business has been transacted. Tea has continued exceedingly firm, owing to the falling off in the shipments, as announced ix the advices by the overland mail. British plantation sugar has been in fair demand at about former prices, chiefly, however, for home consumption. The inquiry for Dative Ceylon coffee on export account has been rather active and full rates have been realised. Rice has been dull, and the few transactions recorded have been at former quotations. Spices and saltpetre have exhibited no material change, the high rates asked by holders of 'the latter article preventing extensive transactions. The tallow market has been rather more active, and the speculative dealings for forward delivery have been numerous, prices generally exhibiting an PWard tendency. More inquiries formoney are now experienced, the a pplications both in Lombard-street and at the Bank of England having increased within the last two or three days. The rates of discount tend up- Wards, but no positive alteration can yet be an nounced, and if the demand should subside, after the payments of the 4th of the T nth, le ss fi rmness may b e aga i n experienced. immediate requirements of the Indian au thorities, viz., £7,000,000, may not exercise a " v eil/ important influence, for money is abundant, al . though the public seem disinclined to employ it in speculative enterprise. The Indian Budget has created no surp r i se , as it mere ly ver ifi es th e esti mates previously formed of the assistance that would be required to provide for the current financial year. In the Liverpool Cotton Market yesterday busi ness 'was very dull, and prices remained without al teration. Th e sa l es were est i mate d at 8,000 a les. The Railway Share Market continued Quiet, and prices heavy. There were no bullion operations of importance theat the Bank of E ng l an d y es t er d a y. Th e go ld b y Asia from New York, viz., £Bl,OOO has been t aken for the Continent. There was a meeting of the Northern Counties d il icni Railway Company to-day, when a further vision of ls. 4d. per share from the assets on hand, Was Proposed, and agreed to unanimously. Decreased firmness has been apparent in the market for Public Securities to-day. Notwith -Btanding the unfavourable Indian financial state hat, business continues d u ll, b u t a f ew purc h ases been effected, which, together with the im re°vement on the Paris Bourse, have ex erc i se d a neficial influence. C onso l s are 94i 95 f or money and account, and th e t en d ency i s f avoura bl e. Fees Stock is steady at 2211 t o 223 ; th e N ew 'nrees are firm at 951 a ; the Reduced, at 941 to 9 v 6 i; and th e N ew 21 per C ents , at 791. India hav e is fiat at 219 ; ditto Loan Debentures, 1858, receded to 94; and Exchequer Bills to 30s. 1, Only a very moderate business is recorded in , ° reign Securities ; p r i ces , h owever , are we ll sup °ted• Turkish 6 per Cents, are 811 t o 821 ; dittor. New Loan, 71 to 72 ; and the 4 p er C en t s . 4'r: Marked 102 to 1028 ex di v . ; A us t r i an 5 per n tS• (1859), 75; ditto (10 florins), 65; Belgian per Cents. have advanced to 99; but Dutch 4 rt Cents. are fl a t a t 1002 ; an d Russian 4 . 1 per e nts. at 981. In the Railway Share Market the dealings have 71. limited. In one or two instances, however, th al ight adva nce h as taken place, but the tone of market gene ra lly appears heavy. South ltB tern have improved 55., and Great Northern and toWestern, 10s. ; South Western and :11,4 Mid declined ss. ; Caledonians, 10s., and London a i d tlackwall, £1; B r i s t o l an d E xe t er , B r i g ht on , Ot th Stafford and one or two others are at former quotations. The Fo re i gn un d erta ki ngs h ave b een very in tw ./. with little alteration to record in values. ruibardoV enet i an Old Shares realised 102, and the 101 101, and Paris and Lyons are flat at 341. In the Colonial Market, East Indian have im „Pir,°N'ed 10s. to 15s. Great Indian Peninsula de -Zned 105. and Grand Trunk of Canada and Great extern of Canada brought former rates. / Obit St oc k Bank and Miscellaneous Sha res a re a Un de firmer. City Bank have advanced 108., and b rr i " of Australia ss. General Steam Navigation r,"light . 251 Madras Irrigation, ;11 'Great Ship 4 r vY Was -1 discount, and Royal Mail Steam. 0 80 to art 401. a Pot' Stock 10l BRITISH FUNDS—CLOSING PRICES.& 5 3 rut' C ent. R e d uce d Annuities O4 941 I i , ti tier c ent. Consols Annuities 94t 5I i ti 1i 5 .,.. W , 3 , Per Cent. Annuities 79i i n 4 5 Per Cent. Annuities 219 21 ,idia Stock 94 V:tto Debentures 1858 thtt o 13°4 ds, £l,doo . 3 d 941 i 5 t i t us etoh o e i to q a u f ooe o r r . t ili c . co s2 unt(Aug. 9) 30 27 £l,OOO, 15d 30 27 A FORElGNl,obiittolB'9, 6 1853, e perC • ns-ran zionds, Cent. — FUNDS—CLOSING PRICES. 75 8 x d -4tunese, 1 853, 3 per Cent. it.uitto 3 per Cent., 1856, 7, and 9 itlian, 1 822, Z St., 5 per Cent — tr , 410 44 per Cent viri4Bll. , 3 per Cent 9Bl Dlir ° Account ' 4813 . 6 Per Cent. 0 Account Ditto New Loan ' Ditto Account Di tto Guaranteed 4 per Cent. F rench Dividends on the above payable in London. ,selleh Renter, 44 per Cent. En. 25f — .uitt o 3 -2 iea, per vent Ex 25f ll f.. i. ' l ' ll ) 10 Fl, 5 per Cent 6Bf. 50c. 65 I, 1 ' 441 ) 45 per Cent. , En. 25f. 994 —latch Exchlurge 12Guil. 24 per Cent 6st. Ditto CertifiE t t!e s , 4 per Cent. THREE O'CLOCK. i Consols, Mo ne y 94t . 94 5 Ditto Account edNADA AND THE UNITED STATES. LIVERPOOL, AUG. 2. The Hungarian has arrived from Quebec with t tdvices to the 23d, and from New York, by tele -oPgraph via Father Point, to the 23d. On the 23d eke the scr ew steamship North Briton, bound up ; the 26th a screw steamer, supposed to be the I'o4 Bell, from Glasgow for Quebec. The Af r i ca , h ence, arr i ved at New York earl on t he mornin g o f th e 21 st ult. y NW YORK, JULY verp23. LitheT steamer Et na left last night for Liool, E 2 14,000 dols. in specie. The Arago and Weser sailed to-day for South klillpton, the former with 758,140 dollars, and the latter with 63,000 dols. _The steamer Quaker Cit y arr i ved here to-day, crtzt ib.% l ate dates from Ha vanna h . Just before she e ilo a telegraphi c d espatch reached Havannah uneing &large fire in Ci en f uegos, which had .p,.. a treyed the warehouses of Avila and Leblanc and Jerry, together with 6,000 hhds. of mus covado s ugar. heOur stock market to-day has been lower and faittl7- Money unchanged. Cotton is firm and in dit t dernend at an improvement during the three , 1 3;74 of lc, to per lb. Midling Uplands, 12c. 1 ) 2 11 r is unsettled, and has fallen 30c. to 40c. per I:Wel'. I Tel in Corn the last two days. Wheat also is decidedly has fallen to 80c. to 84c. for mixed. T' a , the American accounts from Mexico by the Asia :°t. eta to furnish another illustration of the kind of allega that can be palmed off upon the people of New York teig4rding polittlal proceedings in that country. The ,_ )000,000 of specie intercepted by General Robles on its Z, to the coast, but subsequently released, is stated to have 7en saved only by the interference of Mr. M'Lane, the o rder an Minister, Robles having received peremptory 13i i ers from Miramon a few hours later, backed by Mr. allow and also by M. Gabriac,. the French Minister not to . to °Ny it to proceed. It is believed that Mr. Otway, who is 11:41,18. home, has much to answer for, but it is not likely 0, , ,, 1t ° 11 1d have assumed the responsibility of endorsing the B ritish of Miramon w ifh regard to treasure consigned to ritiBh merchants. hex judgeship in the Dublin Court of Bankruptcy bbecome vacant by the death of the H. Patrick I,linket, one of the numerous sons of the late Lord tzv.,_llllltet, who expired yesterday at Kingstown in the 60th of his age. He succeeded his colleague, Mr. Macan, CL a fey? weeks, and wanted but a year of service to en- WO him to his full retiring pension. 14 SHOCKING OUTRAGE AT SHEFFIELD.— Z tli ng•—About 10 o ' clock last night James Linley uesday, saw. icetZ.L4,... 't e r, Was shot while sitting at the Crown Inn, Scotland . The -ball entered his left temple, and lodged behind been eye. R e is expected to die. Linley has previously ho shot at, and attempts have been made to blow up his i " B e, and he has now no doubt been shot for refusing to doitt the saw-grinders' Union. SHARB IS DAY.) ORDINARY SHARES AND STOCKS. Share, I Railways. Paid. Closing Business Price. 12.10 Ambers., Notting. Boat. and Eastern Juixrtion 10 , 54 64 50 ' - Belfast and Ballymena_ all 13.14 , I Bin, Wol., and Str. Val. all 74 81 Stook Birk., Lane., and Chesh Junction lOO 71 73 25 Blackburn 25 Blyth and Tyne all Stock Bristol and Exeter Stock Caledonian Stock ,Chester and Holyhead 50 Cork and Bandon all - - 20 Cork, Blkrock,&Passage all 20 Cornwall all 44 51 44 10 I Do. A I A roves. no div. 10 , Do. B until6p.c.per an. l an ...„ ( all hasbeen pd.toß. 50 Dublin an dßelfast J unc. all 25 ;Dun.,Perth,&Abr.Junc all 8 9 Stock 'Fast Anglian ' , 100 144 154 Stock Eastern Counties I 100 58 59 Stock Eastern Union A Stock 100 40 43 Stock Do. do. B Stock 100 27 2 9 27 4 125 Do.Nw.A.(lte.E.U3ds) 84 25 , East Kent all 14 16 151 15 StocklEast Lancashire lOO 93 95 20 East Suffolk 10 ' Do Stock Edinburg and Glasgow 100 721 731 Stock ;Edin.,Perth, & Dundee. 100 254 26-4 10 Forth & Clyde Junction all Stock Furness Stock Glasgow & South Westn lOO 92 93 10 Great North of Scotland all 1 04 104 Stock Great Northern lOO 102 104 103 Stock Do. do. A Stock lOO 82 84 Stock Do. do. B Stock lOO 130 132 Stock Gt. South.& Wstn.(lreld)l 100 10 6 108 Stock Great Western i 100 58 5 9 584 44 4 Stock Do.Str.VI.R ail Gua.Stk 100 55 60 12 Irish South Eastern all 50 ,Lancaster and Carlisle all 85 90 83 164 I Do. Thirds 1613 4IDo. New Thirds l6 11 12 p2B Stock Lancashire & Yorkshire 100 944 941 944 4 18 Do. do. F £l6 6 i 4 d 9 Do. do. £9 shares 7 2 t d 3 Do. West Riding Union 4 20 Do. Southport ;took London and Blackwall, all 65 67 6 5 4 Do.Newiss.at £slosp.sh. 109 11l 108 ;took Lon.,Brighton &S.Coast 100 1 stock London & North Westn 100 934 944 >i4i 121 Do. Eighths :took London& South-Westn lOO 194 95 91 1 4 25 ;L'derry & Coleraine all 25 IL'derry & Enniskillen all 5 7 stock Man., Shef., & Lincoln lOO 35 86 10 (Metropolitan , 3 -- d ;took Midland lOO 1034 104 1034 ;took Do. Birming. & Derby. 1 100 7 8 8 9 50 (Mid. Gt. West. (Ireland) all 25 'Do. 4 Shares all 100 !Newcastle and Carlisle all 25 ,New., Aber., & Herefd all 9 11 10 I Newry & Armagh (def.) 9 20 INewry, Warpt., & Ros all itock'Norfolk lOO 59 61 50 ;North. Counties Union 34 31 8 d tock (North British lOO 561 574 57 tock INor.Dev.Rail.&Dk. Stk lOO took , Do.A Stk.— Arec.no div , until 6p.c.hasbeenpdß 100 ;took Do. B Stock lOO ;tockNorth-Eastn.—Berwick, 100 914 914 914 25 !Do. do. G.N.E.Purchase,l6l3 4 1 4d d Itock'Do. Leeds I 100 45 46 444 tock Do. York I 100 734 744 74 3 4 ,tock , North London lOO 101 103 10 IN. &S.Westn., Hampstd . and City Junction £3 ls. 20 'North Staffordshire 174 44 44 d 134 20 North-Western 10 No. & Sou. W. Junction all 6 8 tockOxford, Wor.,& Wolver lOO 31 32 10 Peebles all 20 ;Portsmouth 10 I Rhymney 110 tock'Scottish Central lOO 110 112 tockiScoth. N.E., Aber. Stock 100 2 4 4 264 took Do. Scottish Mid. Stock 100 80 82 lock Shropshire Union lOO 45 47 10 Sittingbourne & Sheer all 31 24 d took South Devon lOO 42 44 took South-Eastern lOO 73 734 734 3 4 Lock South wales 20 'SouthYorks.&Riv.Dun all 60 65 20 Do. do lB 20 ,Staines, Wok., & Wek all 8 11 25 Stockton & Darlington all 364 371 , 25 Do. do. 1855 I 7 25 Do. do. 1858 1 7 - - Stockton & llartlepooll 164 . 1:, ,ock Taff Vale lOO ock o. Preference, No. 1 1 100 -- 25 i ThamesHavenDk&Rall 22 :ock Vale of Neath lOO 68 72 ock Waterford & Kilkenny 100 50 Waterford & Limerick all 20 West Cornwall 10 W-end Lon. & Cry. Pal all 5 Do.A.—Arecv.nodiv.till 7 p.c. has been pd. to B all 34 5 I Do. B all 1 74 74 !O West London 10 Do. Ist Class all ;0 ,Do. 2d Class - _ , Stock Stock Stock Stock 161 1613 41 Stock Stock Stock Stock 12 Stock Stoci 10 Stock Stock Stock Stock Stock Stock Stock Stock 'Stock Stock tock Stock Stock , Stock; Stock Stock Stock' Stock Stock) Stock 25 Stock Stock, PREFERENCE SHARES. Share Railways. Blythe and Tyne 1C per! c. pref. (issued at £50) 1 Bris. & Exet.4p.et.StockJ Do. do. do. Shares Caledon £lO, 44 per cent Do. Quar. Shares, No. 2. ,Chester & Holyhd, 54 pc' Do. do. 5 p. ct. Cork & Bandon, 54 p. c. Dun. Perth,& Aber.Jun. E.Angn. Class A. 7 & spc Do. do. Class B 6 pc Do. do. Class C 7 pc E. Coun. Ex. 5 pct. No.l Do. do N 0.2 Do. New 6 per ct. Stock 'Eastern Union, 4 per ct. East Lanc. 6 per ct lE.& W. York. Jcn. fifths Edin.&Glas. spc shares Edin. Perth,& Dun. 4 pc. ;Furness, 5 per cent I Glas. &S West. a. spc IGreat Northern, 5 p. et Do. 5 pe Redm.,lop. e. pm Do. 4il p. c. do. do. Do.sp. c. Redm.,s pc. pm Gt. Nh. of Scotld, Ist pf jGt. Sn. & W (Ireland) 4 p. ct. pref. Stock reat West. • (Berks and Hants) Ext. 5 p.ct.. Do. Redeemable, 44 pct. Do. Redeemable 4 p. ct. I Do. Irredeemable, do..i. Do. 5 p. et. Redeem. Pref. Do. Birm. Pref. Shares 'Gt. West. Ches. 8 p.c.pf. stock Stock. Stock Stock Stock Stock, Stock Stock Stock] Stock Stock Stock, Stock) Stock Stock Stock Stock Stock' Stock Stock( 124 I 124 Stock Stock 124 124 f i Stock! Stock I Stock I Stock 10 I 10 Stock Stock Stock Stock Stock Stock Stock Stock Stock shares Do. do. 5 p. ct. pref Do Birming. guar. stock Do. Chester guar.shares Do. do. do Do. do. do. I L an. & York 6 p.c. stock ;Lon.&Brig.spc. gu. No.l IDo. pref., 5 p. c. ...No. 2 ;Do. New gua., 6 p. ct IDo. do. 5 p. c. No. 4 Lon. & N. W. Cov. & Nu n - eaton, 5 p. et. j Lon. &S : W, 7 p.ct. stock, late 3d shares 'Londondy & Cole, 4 shs Londondy.& Ennis, sh & Lin., 6 p. ct Do. £6 Do. 31 per cent. • 3laryport & Car., 4 p.c IDo 4 per cent... IDo. !Mid. Con. 6 p. c. Stock Do.Con.Bris.&Bir.6p.ct Do. 4i p. c. pref. stock Do. with option till 1860 Do. Leic. & Flit.pref. st. Newport,Aber,&c. pret.s p. c. redeem, at 5 p.c.n m Do. Perpet, 6 p. c. with option till 1866 Norfolk Deb. 4 p.c. shares Do. 5 p. c. Ext.Stock,lB46 Do. 5:1 p. c. Pref. do. 1847 Do. Way. Val. Ex. Sk 1847 North British, 5 per cent Do. New, gua. .5 per cent Nth.Dev.Rail.& D sk.Co. N-East. irred. 4 p.c. Deb. Do. Berwick, 4 p. c. Pref. Do. do. do. Do. Leeds, 6 p. c. No. 1 Do. do. Quarters, 1846. Do. York, H.& S. Purch North Staffordshire .. Ox. Wr. Wol. 6 pc. 1 st . g Do. do. do., 2d gua .. Do. 4,1 p.c. Db. stk.in perp Scottish Central, new pi !Scottish N.-Eastern debt Do. 3i per c. pref. stock Do.Aberdeen.gua.6 pc. Do. 7 p. c. pref. stock. ISouth Devon, Ann. 10s. Do. Fixed 4} percent. ,South Eastern (Reading Ann., 1.0.6.) Po Al per cent Do. Fixed 44 p.c. 1 st is Do. New do., 2d issue South Wales, gua. 4 p.c Do. 44 per cent S.-Yorkshire, 4 p.c. gua , 'Stockton and Par. 5 p.e Do. 6 per cent Waterford & Kilkenny,' 6 percent.- Paid./ Closing Business Price. Done. all 1100 8 100. 100 100 100 all 115} Can. Gov. 6 p.c Ja. & July Do. 6 p.c. Fb. &Aug. Do. 6 p.c. Mr. & Sep. N. B. Gov. 6 p.c. Ja. &July Do. 6 p.c. Ap. & Oct N. S.W. Gov. sp. c. Deb. NovaScoltiaGov.6 p.c. Deb. redeemable, 1875 S. Aus.Gt 6 pc.Jan&July Vict*Gov.6p.c.Jan&July 49 M 95 97 103 105 5 1 6 1 99 101 112 117 107 111 114 116 113 115 129 131 81 83 1112 114 ,119 121 1110 112 105 107 184 86 111 114 94 96 86 E 8 87 89 100 102 91 101 17 18 10 104 74 76 19 201 9 19f 14 151 139 141 1158 162 8 9 120 123 IP 66 66 139 141 ,104 106 91 961) 91 10 111 1 112 Share 110 112 107 107 98 100 1 iP it p 22i 23i t 23 125 123 125 99 101 Stock Stock Stock' st Stqckl Stock,Stock Stock 10s. 1.0.6. Stock Stock Stock Stock Stock 25 11 25 S toe 72 74 120 124 1 104 1 11 104 11 23 t 24} 1103 105 1103 105 29 30 34 36 47 53 LINES LEASED AT FIXED RENTALS. Bedford and Bletchlei Buckinghamshire Clydesdale. Junction.. Colchester, Stour Val.' E.Lincolnshire,g.Bl3.o, , E Union,HarwichShs.i Do. Woodbridge ... Gls.Barr.&Neils,Dret. Do. New Gloster& Dean Forest Hartlpool.Dek.&Rall Hull and Selby Lndc N.W. Lu SE N Caletionin l E.U.&151 Gt. North., E.Counts.l Caledonin ;Do. Do. Sharei Do. i Shares London&Greenwich tend. Do. Barking Shares L D o o n . .1: T refer .n b y e s i n c s c o u Lowestoft, gua. 4p. et Do. 6 per cent Manc.,Buxtn. & Matk Midsb.& liedcr,a.6l).c Mid.BradfordPrf. Stk Newmarkt.,BuryEx guaranteed 5 p. c. Northn.& Eastn. 5 p.c. Do. do. 6 per cent dsp w er yr c e ent D Preston x and Do. Shares A. Roystn,Hitch.,& Shep Shf.Roth.&Gol.a.sp.c. Shrowsbry& Hereford South Staffordshire.. Wear Valley, g. 6 p. c. Do. do Wilts and Somerset Wimbledon& Croydn Gt. West. tk.N.Arlir; Yk.N.Md.I !Do. ! 08 100 'lO2 104 I 174 439 141 East IDo. Peto &Co. Do. Sharel INorfolk Do. LN W&M Stk.& Da Midland . ,E.Connts Do. Do. Do. L&N Wi & L.Yk. j Do. Gt.Nortli.i IT Yk Brassoyt M'Clean . tk.dr Dar ,Do. ;Gt. West ' ;L.Stßrgtn pocKti 110 112 64 66 115 120 92 94 2i 211 98 100 if) 67 69 138 140 9i 10 10i 11 90 92 8 9 ! Paid Closing Business Price. Done. - 1191 - 71 - 83 1 100 102 102 Leasing I Closing BUBIIIOIII Railways. Paid. Co.'s. Price. Done. Docks. Stock Commercial. .... . .. Mi.. Stock Do 4 pereent . Pref . n. Stock East and West India... Stock L0nd0n........ Stock St. Katharin e . ..... ......... - Stock Southampton .......... 100 Stock Victoria ............... 100 'to D o New ...... 111 100 100 100 100 100 Share Railways. Atlantic & St Lawrence Leased at 6 per cent.. Bom.,Baroda& Cent.lnd go . 5 per cent - - - - - Do. Addit. Capital A Do. Do. Buffalo and Lake Huron Do. New Buffalo,Brant.&G odrich 6 p. ct. bds. 1 Allf.r., 1872 Do. do. 1 July, 1873 Do. do. 1 June, 1874 Cleutta.&S.Eastrn.Lim. Cape,Eastn. Prov.(Lim.) Cape Town & Dock Scrip Central Oude (Limited) Ceylon Guaranteed 6p.c Demerara Eastern Bengal.gu.sp.c East Indian, gu. 5 p. c Do. C Shares Do. F Shares Ext Do. Jubbulpore Do.li p.c. Bds. pay.'s9 G eelong& Mel. gua.s p. c. Geelong Corporation 6 per cent. Bonds Grand Trunk of Canada Do. 6 p.c. Deben.,pay. '7B Do. 6 per cent. Pref Gt.lndiaPenin.gua.sp.e Do. New, gua.s per cent Do. do Gt. S.of Ind. Lim. —Scrip guaranteed 5 per cent. Gt.W. of Canada Shares I Do. New Do. Bonds pay. '76,with ept. till '6O Do. do. '73 till '6O Do. do. ''3 without opt Do. 5,1 p. c. do. '77 do Madras, guar., 4} p. C Do. do. 5 per cent Do. 4,1 p. c. Extension Do. Third Ex. gua.s.p.c Do. Fourth do. Melb. Corp. 6 p.c. Bonds Newßrunswick&Canda. Ry.&Land(Lim.)g.6pc Class ACapitl.Share Do. do. Land do Do. do. B. Capital do Do. do. Land do Northof India Tramroad Limited, Scrip Oude (Limited) Scinde -4 0 ,1 Do. ci 52 Do. New `c7l Do. Punjaub Do. Indus. St. Flo t,7 St. Andrews & Quebec A Trinidad(Limited) Scrip 100 t 8 18 204 204 100 100 190 17i 20 took Sto. I Stock 100 100 2 . 0 [ m 10° 1 100 100 100 FOREIGN Antwerp & Rotterdam Ardennes Bah.&S.Fran.,Lim.7p.e Belgian East. Junction Beziers to Graissessae Carmeaux Mine & Rail Dutch Rhenish Eastern of France Euphrates Valley Great Central of France Gt. Luxem., Con. shs ;Italian Junction Lake Constance & Bale Lierre and Turnhout Lombardo Venetian Lucca & Pistoja, 5 p.c.pf Lyons and Geneva Maria Antonia Do. do. New Namur and Liege Do. do. 6 p. c. Pref. Northern of France Do. New Shares Norwegian Trunk Pref Ottoman. mia. 6 per cent Paris,Lyons, and Medit. Paris and Orleans Recife& S. Fran. (Fern.) gua. 7 p. et. (Lim.) J Riga and Dunaburg Rome and Frascati Royal Danish Royal Swedish iDo. 7 per cent. Pref. 'Sambre and Meuse. Do. 5i per cent. Pref. Southern of France West Flanders Do. 5} p. c. Preference W. & N.W. of France Western of Austria Western of Switzerland Wiesbaden Do 8 per cent. Pref Zealand... COLONIAL GOVER: Securities. MISCELLAI EOUS. Miscellaneous. 'Anglo-Mexican Mint jAtlantic Tel. (Limited) Australian Agricultural Australian Royal Mail . Berlin Water Works Do New, issued at .C 5 di s British American Land ,Brit. & Irish Mag.Tel.A. ;Do. B, 7 p. c. till 1862 C_ ICanada Land IChan. Islands Tel.(Lim ) Cop.Min.ofEng.&Smltg Do. Preference 74 per ct Crystal Palace. Do. Preference Eastern Steam Electric Telegraph Eng. & Aust. Cop.St.Co Europ. & Ind.Junct.Tel Europ.&Am.Stm.(Lim.) GLlron ScrewCol.(Lim Gen. Steam Navigation London Discount Lond.Gen. Omnibus Co Mediter. Electric Teleg Med. Exten. Tel. (Lim ) National Discount Co Netherlands Land Do do Do 8 p.c.Pref.,iss. at idle N. Br. &NovaScotiaL an d N.B.Australasian (Lim ) North of Europe Steam Oriental Gas Do. New Shares Peel River Land & Min Pen. & Oriental Steam Do. New Red Sea & Ind. Telegr Rhymney Iron Do. New Royal Mail Steam Scot. A ustrin. Inv. (Lim ) South Australian Land Submarine Teleg. Scrip Do. do Registered Tr.& Ln.Co.ot Upr. Can Vfrn Tliomen'a TAnsl Paid. Cplorsiceins , Business dons 13 14 no 260 27f 281 I i 36 38 19 21 13 15 110 116 8 9 24 25 1} Ifi 4; 6; 05 108 1 i li d li it 5 6 li lid I I 1 f d par 24 21 76 77 9 11 I 1p 214 224 6 7 49 51 125 135 35 37 111 R 0 BRITISH MINES, Mines. P a id . 1 Closing Business Price. Done. - Alfred Consols (Philack) 2 .11.10 5 6 20 British Iron ' 15 2 3 - Condurrow (Camborne) 20 - 10 Devon G. Cons. (Tavist.) 1 445 455 - East Bassett (Illogan). 30 175 180 - Great South Tolgus 17s 13 14 - G.Wheal Alfd.(Phillack) 11.18.8 14 2 - G. Wheal Vor(Helston) 94 Sz - Lady Bertha - North Frances (Illogan) gi 5 6 - North Wheal Crofty 7.9.4 7 8 N.WlClBasset (Illogan) 74 85 --Par Consols (St. Blaxy) 15 12 1 3 - Porkellis Unit. (Wend.) 9 - - ISortridge Cons. Min. Co. Os it - ;SouthCaradon(St.Cleer) 24 240 250 South C. Brea( Illogan). 2 24 24 - S Wheal Fran. (Illogan) 18.18.9 165 175 5 Tamar Silver and Lead Mining Co 44 24 24 10 Tin Croft 9 44 44 - UnitedMines(Gwennap) 40 - - Vale of Towey (Carm.) 12s 6d. 5 4 - West Basset (Illogan) l4 215 224 - W. Caradon (Liskeard) lO 125 130 - Wheal Basset (Mogan), 54 180 190 - Wheal Buller (Redruth)' 5 1 90 100 • • Wheal Edward (Cal s.) 55 14 14 - Wheal Kitty(U. Lelant)l 1.7.2 9 10 Wll'lMaryAnn(Mcmhe) 8 37 39 - WWI Trelawney (Lisk ) 44 25 27 FOREIGN MINES 20 kustrall an 1 Bon AccordCopper,Lim. lOs par p 35 Brazil. Imp. (is. at £sp.) 27 1 20 Do.St.Johndelßey,Lim. 15 8 10 6 Do. Land and Mining Co. all - - 1 Clarendon Consols Min ing Co. of Jamaica - d 40 Cobra Copper all 41 43 - Copiapo l6 9 11 1 DunMoun.Cop.Ming.Co all a I 2 Fortuna 20 General all 23 25 3 Linares all 11 12 5 Lusitanian 1 lllariquita l4 1 4 d all 1 1 New Granada all - - 1 N.RhineCop.of S.Aus.L 10 4 p 20 PoutgibaudSilver, Lead Mining and Smelt all 3 4 5 Port Philip 1 i 30 Santiago de Cuba 28.2.81 United Mexican 14 14 JOINT-STOCK BANKS. Share Joint-Stock Banks. (Paid Closing I Business . Price. Done. 100 'Agra&UnitedServiceßk 50 70 72 40 Australasia all 84 85 25 Bank of Egypt I all 21 22 100 IPank of London 5O 47 49 40 (Brit. Col. Bk. & LoanCo all - - 50 I British North American - - 20 iChtd. Bank of India, &cj 12 14 4 d 100 City 5O 62 64 634 100 ',Colonial 25 - - 20.11 Corn. Bank of Canada all - - 100 Commercial of Landon 2O 117 19 20 lEng , Scot., & Aug. Ch all 154 164 20 4-en Bk. of Switzerland all - - 20 Lon . Char.Bk.ofAustral. all 204 204 204 50 London and County . . 26 30 32 314 1 50 London Joint Stock 10 29 31 100 London & Westminster. 20 - - 50 .494 100 Nat. Prov. of England. 35 - 20 Do. new a_ r;!t t io .n all ll 184 194 14 184 10 - - 50 National Bank 25 - 20 New South Wales 2 25 0 o°ritteenmta.nlslll3 Cnokr..p .o Provincial of Ireiand 25 71 73 10 Do. New all -- 25 South Australia - -.- 25 Do. New - 25 Union of Australia all 47 49 484:74 25 Do. New 59 Union of London 100 • Unity Mutual 6O - 100 Western Bk of London 50 - d Share! UN, LONDON, TUESDAY EVE NIN G, AUG UST 2, 1859. '''RS ip aid. l Closing I 1:L7 131"5 Price. Done. •j all 13i I 79 81 16 17 It 1 } dj 4f 54 41 51 65d 161 1100 1. 3.0. id i p 2s. ,2s. 6d, li i (11 all all 1100 li 1} 97 98 98 99i lb 20 1 2s. all 1 all all all all all all 32 34 71 73 91 93 94* 95* 1 Idi 1} id 14 14} 0 6 d 102 104 102 104 101 103 97 100 85 90 88 92 1k 111 1 1 190 d - -dl - --al —d —dl 19 20 1 dl 1 4 1 d ,AILWAYS. 41- 4; -- 1} 1 d 1 1 2 2i 51 4 d 25 26 6& 6 2f 21p1 8 8 184 194 36 37i - -p 9 10 34i 34 53 0 2} li di 6 61 81 9 20 21 54 6 21 221 WENT SECUR Paid, 100 100 100 lOC 100 106 all all all 15s. all all 1 Closing 1 Prices. 112 113 110 112 113 115 108 109 98i 99} 109 110 108 110 I I 97i 6,1 37: 321 f 72} 92 If 21 95 f 81 141 2 1 4f 3 ITIES. Business Done. 1121 i 109} 9 201 1 s about Co assemble. 14 49i so 49 MAJOR RHODES' PATENT TENTS. et o h f er M p a u j r o p r es ß es h , o a d n e d s' I In our last vol ume we pu bli s h e d an elaborate e improved o t u e r n t highs for 'Pscrip :l t n i d on army sense of their value. These tents having recently been brought under the notice of the a u th or iti es a t the Horse Guards, the Duke of Cambridge gave directions for two of the tents to be pitched at Chat ham garrison, in order to put to a practical test the superiority of the invention over the ordinary military tents now in use by the army when encamped at Aldershot, the Curragh, Chatham, and other military stations. Two of the tents have accordingly just been erected on the grounds adjoining the Garrison Hospital at Chatham, under the personal superintendence of Major Rhodes. " During the storm and hurricane which swept over Chatham on Wednesday night," says the Times' Chatham correspondent, " they were found to be in every respect superior to the ordi nary tents erected near the same spot After the tent had been fixed on Wednesday after noon, ten of the portable bedsteads from the hos pital were moved into it, and as many patients di rected to take possession of them. Notwithstand ing the tremendous storm which raged early yes terday morning, not the slightest inconvenience was experienced by the inmates, who slept as dry as in an ordinary room, while many of the other tents admitted the water, which poured in as through a sieve. Major Rhodes' hospital tent can be pitched by eight men in 12 minutes ; and, whereas in the present tents there are about 150 pegs and 70 ropes to each, the new invention has only about 40 pegs and 12 ropes to secure it, there being no necessity for the men to turn out in the rain during the night to slack' the ropes as with the present tents—a serious matter when that duty has to be performed by sick patients." The advantages of Major Rhodes' tents over those of the Government may be briefly noticed. His hospital tent weighs about 1121bs. less than the Government hospital-marquee, and its cost is about £3 under the Government contract price. The ventilation is most efficient, and subject to the control of the medical officer—impervious to wet, and the strong rays of the sun—can be pitched in 12 minutes by eight men. The Hanove rian Government (who have practically tested this tent) pronounce that Rhodes' hospital tent affords the best shelter hitherto obtained in camp hospitals, &c. The price of a Government hospital marquee, 30 feet wide by 141 feet, and 14 feet in height, is from £33 to £35, and weighs (in three packages) from 5071b5. to 6521b5. (the latter weight includes 4 ground sheets.) It affords accommoda tion for from 18 to 20 patients. Major Rhodes's 20- feet diameter field-tent costs £24, viz., about £l2 cheaper, and weighs (in 2 packages) 2301 b., viz. 277 lbs. less than the Government hospital marquee. It offers accommodation for from 18 to 20 patients. Two of Major Rhodes's 20-feet diameter field tents can be pitched by 4 men (in about 8 minutes for each tent), on about the same space of ground as is requi site for only one Government hospital-marquee ; and further, from 10 to 14 men require from 15 to 20 minutes to pitch the latter tent. Major Rhodes' tent provides detached accommodation for 24 rifles, 24 sets of accoutrements, and 24 knapsacks, with a perfect system of ventilation ; in which very important points the Governmtnt hospital marquee is deficient. Irrespective ofcost, &c., it results that by adopting Major Rhodes's tents into the service, healthy shelter can be provided for about 45 men, allowing the same amount of transport as is at pre sent necessary for conveying only one Government hospital marquee, which latter only affords accom• modation for 20 men ; thus showing a clear saving of more than one hundred per cent. in cost of trans port, which with an army in the field, would be a very great relief to the Commissariat Department. We now learn that the officers appointed to ex amine Major Rhodes's tents at Chatham are about to report most strongly in their favour to the Com mander-in-Chief.—Mechanics' Magazine. [P.S.—We are glad to hear that the merits of Major Rhodes's invention has already met with the approbation and patronage of one of our ablest scientific men, viz., Professor Doctor Tyndall, F.R.S., &c., who has ordered one of Major Rhodes's . _ " Guard tents," for the purpose of taking with him to the top of Mont-Blanc, where a scientific mission We trust that the results of scientific research will amply repay the learned Professor, and that his report will bear favourably on Major Rhodes's invention.—ED.] " THE LONDON," FLEET-STREET. One of the personal greivances of the present day is found in the continual complaints that are made against hotel-keepers in their unreasonable and extravagant charges. It is a reality in which we can fully sympathise,inasmuch, as travel where you will, locate ourselves at the best hotels, or at the " Commercial and Sporting Houses," the nume rous items for accommodation and refreshments (no matter how humble and unpretending they may be) make a grievous onslaught on our pecuniary resources. The charge varies in direct proportion to the definition of the meal. There is the break fast, with or without ham and eggs, or meat. The lunch, which is usually, with th e om i ss i on of vege tables, a shade removed f rom t h e su b s t a ntials of dinner ; but the charges for these respective re pasts seem to depend upon the fact of whether one or both are taken on the same day, and whether you happen to be an occasional or regular frequen ter of the house. Waiters, as well as landlords, have a shrewd recollection of the physiognomy of their customers, and the former has an infallible me mory on the point whether or not you gave him a dou ceur in addition to the payment of the usual charges in your bill for attendance. These are some of the reminiscences of a traveller's life, fraught with a fair admixture of pain and pleasure. A little trip from home is always an agreeable variety and episode in the ordinary avocations of daily life, and we can recount with much pleasure all the inci dents of some enjoyable excursion, but the wasted exchequer has too often proved that if you would save your money you must not leave your home. Nevertheless, business will frequently call all classes from home, and London in England is gene rally the central spot for business negotiations, whether they partake of the professional, the plea surable, or the commercial. Now a great de sideratum in London, to meet the requisites of these three respective classes of travellers, is a good home, where luncheon and dinner can be supplied with every comfort, and in all abund Ince, on terms commensurate with their own views. Nor is this desideratum only to travellers or visitors from the country. Those also who reside in London, and whose avocations keep them so much from home need such a restaurant as we have de scribed. In cur inns of court especially, how truly is appreciated some neighbouring hostelry, where the cravings of an excited appetite can be supplied with all the details of celerity, cleanliness, comfort, and substantiality, near to thei r own c hambers. Now "The London," a well•established restaurant in Fleet-street, at the corner of Chancery-lane, answers every such requirement of the public, and in its every department will be found those conve niences and desiderata which will satisfy the most fastidious and suit the most economical. Daily, at one o'clock, there are but joints in every variety of meats, where either a substantial luncheon or an equally substantial dinner can be obtained — inclusive of all extras except wine, spirits, and beer, and at the small charge of ls. 6d. each person ; and where "The London" dinner for 2s. 6d. chal lenges in vain a rival for its excellency and cost. The same routine is observed throughout the re mainder of the day, up to nine o'clock p.m., prices se t e a classa ti t v e no only varyi ng i n accordance with the expensive or ordinary cost o f t h e v i ands which may be ordered. T scale lael fictitious okf c i n of.s:adisargl u charges s, which a but nadt he porter, i r s , a n t r d h e e n t iu h b e n e t regulates, not West-end, but City houses. The wines, for which the proprietor (Mr. Sawyer) is so justly celebrated, are of a class which requires not a connoisseur to pronounce on their excellence, but which the least susceptible palate is equally enabled to appreciate with the bon vivant who daily drinks the best of Rhenish wines. Whether the produce of the Rhine, or Epernay, of Spain, or Portugal, they cannot be surpassed ; and the best proof of their excellence is found in the absence of any complaint whatever from customers, who now crowd that favourite restaurant in such daily increasing numbers. Ladies as well as gentlemen experience the same accommodation and enjoy the same advantages. There are private as well as public rooms, and it is at the option of the party taking refreshment to select their own room or table amid the guests who are invariably found at " The London.' There is another recommendation, which affects gentlemen only, and that is the spacious smoking saloon, fitted up in a most elegant manner. Almost every daily and weekly journal is to be found there. Luxurious sofas and ottomans tempt one as much to read as to smoke, and to enjoy, whether in the process of digestion, or in the calmness of one's own thoughts, in the very heart of London, the soothing influ ence of a cigar, which, if the price be given, the Havannah cannot surpass in quality or flavour. We have not a better recommendation for these facts than the indisputable testimony of constant frequenters at " The London ;" and thinking such testimony to be of service to visitors to the metro polis, we recommend them to pay a visit there and judge for themselves of the truth and accuracy of the statements we have made. IMPERIAL PARLIAMENT. HOUSE OF LORDS—(YESTERDAY. ADMISSION OF BRITISH SALT. INTO 'CHINA. Lord STANLEY of ALDERLEY rose to call the atten tion of the Government to the question of the admission of British salt into China, and to inquire what steps had been taken for bringing the subject before the Government at Pekin. He observed that hitherto salt had been a monopoly in•the hands of the Chinese Government, from which they derived a large revenue. Formerly the Indian Government stood in a similar position, and had not only a monopoly of the importation, but also of the manufacture of salt. That article was now imported into India at a considerable profit to the British manufacturer, and under the new system the revenue in India had been collected at a cheaper rate than H under the old system. e believed there would be no diffi culty in making such regulations for the imp or t o f sa l t i nto China as would leave to the Chinese Government the same amount of revenue which they at present realised from that article. The Earl of ELGIN felt some difficulty in giving a ful _• and complete explanation of the transactions in which he had been engaged on the coast of China. He went to that country with certain instructions, and was in the habit of communicating with the Government and with parties in terested in trade and commerce; but neither his instruc tions, nor the treaty, nor the arrangements consequent upon . that treaty, nor the correspondence on the subject, had yet been laid before Parliament; and therefore he trusted if their lordships should consider his explanations imperfect and in complete, they would net imagine that he had wilfully or through carelessness neglected the commercial interests of the country. It should be borne in mind that he went to China at a period of considerable difficulty,with a desire to bring hostilities to a close, and that it was his duty to consider along with other interests the interests of the Chinese Government, for nothing could be more prejudicial to the interests of this country than that the resources of China should be 33 crippled as to prevent that Government from occupying its proper position. He had perhaps been prevented from pressing on the Chinese Government some of those commercial changes which he should have done if he had thought the interests of the Imperial Government of no consequence. With regard to the introduction of salt, he foUnd it utterly impossible to induce the governor at Shanghai to enter into the matter ; but he did not despair of the eventual result. All that was necessary was to per suade the authorities that the revenue would not suffer from the change. It was not until the Ist of January last year that he received the first representation in favour of the in troduction of salt into China, and he believed that if Mr. Bruce could succeed in convincing the Chinese Government that their revenue would not suffer, they would break through the salt monopoly. That monopoly had the prestige of great antiquity, and it was said to have existed at least 1,000 years before the Christian era. The system under which the tax was raised very much resembled that under which the opium tax was levied. One of his great objects was to improve the custom-house system in India, and if guarantees could be given to the Chinese Government for the regular collection of the revenue, it would greatly facilitate the object which his noble friexd had in view. With regard to the treaty between China and Russia, he must speak with great reserve ; but the only treaty which sectir4dthe right:of apermament residence'atlPekin was the English treaty. Other countries, under the most favoured nation clause, could obtain the same right, but the privilege most certainly belonged to this country. He had thought it his luty to represent to the Government that it might perhaps not be advisable at the present moment to press with too much stringency on the Chinese Government the right to insist on a permanent residence at Pekin; but, of course, if any other nation was permitted to maintain an ambassador there, the Government of this country would insist upon exercising the same right (Hear, hear.) Lord WODEHOUSE said that distinct instructions had been given to Mr. Bruce to bring the salt question under the attention of the Chinese Government, and to press it upon their consideration. The, Admiralty Court Bill was read a third time and passed _ The Jury Trial (Scotland) Act Amendment Bill was also read a third time and passed. The Boundaries (Ireland) Bill was read a second time. The Diplomatic Pensions Bill was read a third time and passed. The Criminal Justice Middlesex (Assistant Judge) Bill was also read a third time and passed. Their lordships then adjourned. HOUSE OF COMMONS-(YESTERDAY.) The SPEAKER took the chair at 12 o'clock. ELECTION PETITIONS. Mr. EVANS, the chairman of the committee appointed to try the merits of the petitioners against the return of Lord Bu y and Mr. Sneider, announced that the com mittee had decided that these gentlemen were not duly elected. for the borough of Norwich, and that bribery had been committed in several cases, but it was not proved that it was with their knowledge. The' CLERK read a letter from the petitioners against the return of the sitting members for the western division of Kent stating that the petition had been withdrawn. PRIVATE BUSINESS. The Lords' amendments to the following bills were agreedito :---Charing Cross Railway, Dublin and Wicklow Railway, Lands Improvement Company, and Scottish Cen tral Railway. SECOND READINGS. The following bills were read a second time The Hereford and Brecon Railway, Earl Vane's Estate, Robins's Estate, and Thames Watermen and Lightermeta. COMMUNICATION BETWEEN HOLYHEAD AND DUBLIN. ---- -- Mr. CARDWELL obtained leave to bring in a bill to facilitate the communication between Holyhead and Dub lin. PATENT LAW AMENDMENT ACT. On the vote of £20,095 for the salaries and expenses pay able under this act, Mr. BRADY strongly protested against this vote, and said that under the present system the money for these salaries came virtually out of the poor man's pockets. The hon. member urged further objections, and concluded by moving the rejection of the vote. Mr. LAING said that with the exception of the pay ment to the law officers of the Crown, the hon. member would be defeating his own object if he curried his motion. Mr. WILLIAMS said that at present the law officers of the Crown received £8,300, while they actually rendered no service, the clerks doing all the work. lie proposed, there fore that their payment should be reduced to £1,150. Colonel SYKES contended that the operation of the patent law was very injurious to the inventive genius of the country. After some discussion, in which, Sir J. Shelley, Mr. Grogan, Mr. Wyse, Mr. Briscoe, Mr. Brady, Mr. E. James, and other hon. members, the amendment was nega tived without a division. Some discussion ensued upon some of the other items, but the vote was ultimately agreed to. The vote of £9,254 for the Board of Fisheries in Scot land was agreed to, as well as a vote of £l,OOO to the Board of Manufacturers in Scotland under the treaty of union. A vote of £5,000 for highland roads was agreed to. After some discussion, in the course of which Mr. LAING explained that the money was applied to the purposes of providing roads in the poorer districts of the highlands of Scotland, and he added that he would make inquiries to ascertain if any reduction in the item could be made. £9OO was voted for the commission for the publication of the ancient laws and statutes of Ireland. The following votes were also agreed to :---£5,000 for guarantees, £58,000 for the pensions of officers in the mer chant seamen's service and their widows and children, £15,000 for the relief of distressed British seamen abroad, £4o,ooofor dues payable by British or foreign vessels under the reciprocity treaties. Qn the vote of £15,000 to pay bounty &c., Mr. CLIVE said that it was believed they were not sin cere in their expressions of a desire to put down the slave trade, and it was asserted that their only object was to cap ture vessels with slaves. Mr. LAING denied the imputation, and defended the conduct of our officers employed in the suppression of the slave-trade. The vote was agreed to. On the vote for £36,700 for lighthouses, Mr. A. SMITH objected to payment out of the votes of the house for the erection of lighthouses in the colonies. Mr. LAING explained that where lighthouses in the colonies were erected and maintained for local purposes, the colonists defrayed the expense, but where they were for general benefit it was borne by this country. The vote was agreed to ; as well as a vote of £l,OOO for payment of half the salaries of the officers lately employed at the settlement of the Orange River territory. On the vote of £40,000 for promoting the improvement of the Kaffirs and for the settlement and government of Bri tish Kaffraria, Mr. WYSE inquired for some information as to how the money had been expended, and with what result. Mr. C. FORTESCUE said the money had been ex pended on public works, and with much profit to the na tives. It was not, however, intended to retain. the vote at the same amount. It being ten minutes to four o'clock the discussion was interrupted. VEXATIOUS INDICTMENTS BILL. This bill was read a third time and passed. ROMAN CATHOLIC CHARITIES BILL. This bill went through committee, and was ordered for :hird reading. DUBLIN POLICE BILL. This bill was read a second time. CHARITABLE AND PROVIDENT SOCIETIES BILL. This bill was read a second time. CHELTENHAM ELECTION PETITION. Lord STANLEY, chairman of the committee appointed to try the merits of the petition against the return of Colonel Fitzhardinge Berkeley, announced that the com mittee decided that the hon. and gallant member had been duly elected. ROYAL COMMISSION. The Usher of the Black Rod summoned hon. members to the House of Lords to hear the Royal assent given by commission to several bills (for which see Lords' report). The house did not resume till six o'clock. MERIONETHSHIRE ELECTION PETITION. The SPEAKER announced that he had received a letter from the agent for the petitioner, complaining of an undue return for the county of Merioneth, stating that it was not their intention to proceed with the petition. (Hear, hear.) The order referring the petition to the committee was then discharged. NEW WRITS FOR VACANT SEATS. Sir J. SHELLEY gave notice that in the event of any motion being made for the issuing of a writ to supply a seat declared vacant by a committee on the ground of bri bery, he would move as an amendment, that no writ issue until the house had an opportunity of considering the evi dence taken before the committee. . EDUCATION IN IRELAND. Lord FERMOY asked the Chief Secretary for Ireland whether it was the iptention of her Majesty's Government to introduce, in the next session of Parliament, any mea sure dealing with the subject of the endowed schools, and of intermediate education generally, in Ireland. Mr. CARDWELL said the noble lord was well aware of the difficulties attending the general system of education in Ireland ; no portion of it presented greater difficulties than the subject of intermediate education ; he could only say that the matter would have his best consideration. FISCAL EXPENDITURE IN IRELAND. Mr. DAWSON asked the Chief Secretary for Ireland what provision it was proposed to make for carrying out the recommendations of the select committee of last year (1858), for defraying the expenses, in county gaols, of the mainte- 1 nance of felons and misdemeanants convicted for serious offences; the expenses of witnesses at assizes and sessions ; the increase of the salaries of schoolmasters in workhouses;' and the half medical relief in poor-law unions ? Mr. CARDWELL said the recommendation of the com mittee on the first two points was being carried out, but no change would be made with regard to the two latter. Mr. DAWSON gave notice that on Friday next, on the motion for adjournment, he would call attention to the voncluding paragraph of the report of the committee: SUBMARINE TELEGRAPH CONTRACTS. Lord ASHLEY asked the Chancellor of the Exchequer whether it was the intention of her Majesty's Government to. suspend •fu- her proceedings with regard to submarine telegraph contracts until the report of the select committee now sitting upon the packet and telegraph service was laid upon the table of the house ? 'The CHANCELLOR of the EXCHEQUER had' on a previous evening stated it was' the intention of the Govern ment to suspend generally all proceedings with regard to packet contracts until the committee had an opportunity of considering the subject. They entertained a similar inten tion'with regard to telegraphic contracts ; but it was pos sible circumstances might arise under which an exception should be made. There was one case in which the manufac ture of the cable 'had commenced before the, present admi nistration came into office, and which would go on. Some thing would depend on the time occupied by the committee in their inquiry, but as a general rule, so far as the Govern ment were able to do so, no further proceedings would be taken. ECCLESIASTICAL COMMISSION, BILL. Sir G. C: LEWIS said that when he brought in the Ec clesiastical Commission Bill, he stated his intention to con fine it exclusively to pointsnotlikely to provoke any contro 7 versy, and subsequently stated his readiness to abandon the clauses which were objected to. No notice had been given of any amendment to any of the clau es, but notice had been given of a long Beries ofnew clauses which were tantamount to a new bill ' he saw no p ros p ec t o f d ea li ng w i th the many disputed point s they raised thissession and it Was therefore, not his intention t o p rocee d with the bill. lie proposed to take the Police Bill first at the morning sitting, on Tuesday (this day), and the,ltornan Catholic Charities Bill second. The order for the committal of the bill was then dis charged. - THE ROYAL HIBERNIAN ACADEMY. Mr. MAGUIRE asked the Chief Secretary for Ireland whether any and what steps had been taken to effect Certain reforms in the administration of the Royal Hibernian Academy, and why there was no vote in the estimates this year for the Acadetny. Mr. CARD WELL said the report of Mr. MacLeod re commended that the schools of the Royal Hibernian Aca demy should be united to those of the Royal Dublin Society. That had since been done. A correspondence then took place between the Academy and the Government in refer ence to the Continuance of the grant for other purposes. The Academy asked for £5OO. The Government were will ing to give only £3OO. No conclusion had been arrived at, and therefore no vote was proposed in the estimates. EAST INDIA LOAN.. The house then went into committee. Sir C. WOOD said—lt has often been my duty to address he house on questions of great public importance, and more ,han once on the subject of India, but I confess I never ad dressed it under feelings of such deep responsibility as those under which I nowrise to bring under the notice of the com mittee the state of India with regard to its finances. Ido not think the hon. member for Birmingham overstated the importance of the question when he told us it was second, or hardly second, to none of those subjects of domestic and foreign policy which have occupied our attention during the last few months. When we consider not only the importance of India to England, but also the millions in that country now under the sway of the British Sovereign, with regard to whom we have undertaken the solemn duty of providing them with good governinent, it is not possible to overrate the task imposed, on the Government and Parliathent of this country. It is not my intention on the present occasion to go into the general question with regard to the welfare and the state of India—the state of its finances, and its financial po sition are grave enough to occupy the attention of the Go. vernment and of Parlianient. Certainly, no responsibility more grave was ever imposed upon the Government and Parliament of this country, and it will need all the wis dom and all the energy which the Government can bring to its consideration, and they will require all the aid and support, which I doubt not they will receive from Parlia ment in dealing with a question of suchwital importance. It is not necessary for me to remind the committee of what vital importance to all countries is the state of their finances. If the financial state be good, there are no dangers she may not confidently face ; if the financial state be bad, there are few dangers she can hope effectually to overcome. The financial state of India is to us a subject of the most anxious consideration. In saying that, however, I am not to be un derstood as saying that her future prospects are in my opinion gloomy and hopeless. I confine my statement to the present lime, when she has not yet recovered from the effects of an overwhelming and unforeseen calamity. If she surmounts the difficulties of the next two or three years, I see no reason why she should not be restored to the state of prosperity, material and financial, she was in before the mu tiny. I see no reason to anticipate that she will not be re stored to the state in which it was my good fortune to leave her when I quitted the office of President of the Board of Control. It is about four years and a half since I held the office, substantially that of the Indian ministry, and a more grave and more melancholy contrast there could not exist than I. found between the state in which I left India and that to which I returned. At the time I held office before, we had closed the career of war and conquest, universal confidence prevailed in the army, it was felt by everyone, and those best acquainted with its offices would have an swered for it with their lives; we had a surplus revenue, and our only object was to improve the natural resources of the country, to devise an improved system of education, a better administration of justice, and, by the more rapid pro gress of railroads, by the extension of the electric telegraph by the improvement of the navigation of rivers, and of the means of irrigation, to bring out the resources which India so abundantly possesses, and make them sources of wealth, not only to herself, but also by the produc tion of raw materials to support the manufactures of this country. Since that time, the whirlwind of mutiny has swept over the land, marking its course with murder and bloodshed. Confidence has been destroyed ; the trusted army has proved unfaithful ; public works have been checked ; financial difficulties have gone on increasing, and new ones have, arisen within the last few weeks. To this I grieve I must add disaffection, and from the accounts to-day I fear I must say mutiny, amongst one portion of the Euro pean troops. These, sir, are difficulties grave indeed, and to grapple with them will require the most careful considera tion on the part of Government and of Parliament. Ido not, sir, intend- on the' present occas i on to go beyond the financial position of India. At the early period of the year the noble lord the late Secretary for India went at consi derable length into the general question connected with the state of the country, but considering not only the importance but the vastness of the subject, I think I shall best consult the wishes of the house and enable them to form a clear judgment on the question of finance, by abstaining from going into questions that abound with material for discus sion, and on which I cannot now throw any additional light. When the noble lord made his statement at an early period of the session, be necessarily spoke from imperfect information ; since then we have received further informa tion with regard to the finances of India, but if he then ex aggerated the evil, the accounts since received present no very promising aspect for the next year or two at least. I have laid on the table every despatch I have received. No information has been withheld from this house ; all the papers were printed and delivered last Thursday, except the general account up to April, 1858, which has not yet been printed. I think the house is in possession of all the information lam able to place before it. I will, sir, only make one observation before I proceed to place the figures before the committee. They must remember it was perfectly impossible to arrive at great precision with regard to the sums. Since April, 1858, all the sums I will have to refer to are matters not of account, but of estimate --estimates applicable to the present year. This will account for any discrepancy there may bo in the figures as compared with former statements. The noble lord made a certain estimate in April, but since that a material alteration has been made by a despatch of the 14th of May. I cannot venture to go into a very precise statement—l will deal with the subject in round numbers. Another point is, that in making the estimate I will always take the rupee at 2s. ; it was, formerly taken sometimes at Is. 10fd., but the noble lord directed it should henceforth be always taken at 2s. This may proauce a slight discrepancy in some of my figures, and I therefore warn the committee beforehand. I will take, sir, for comparison, the last financial account which has been printed and distributed to the house, that for the year ending the 30th of April, 1857. That wi:l afford a good subject of comparison (as it was the last complete year of peace, the mutiny having broken out in May, 1858), and I will take it as my starting point with the committee. At this time the debtof India was £59,462,000, the annual in terest £2,525,000. The military expenditure wa5£12,561,000, of which £12,196,000 was the ordinary, andX36s,oootheex trasrdinary expenditure of the year. That was the state of affairs. From the year 1857-8 the expenditure considerably exceeded the income. In that year the expenditure was about £40,226,000, exclusive of a sum of interest on the rail road account, and the revenue was £31,706,000, leaving a deficit of £8,520,000. In the next year, 1855-9 (the house will bear in mind that the Indian financial year expires on the 30th April), the expenditure amounted to £48,978,000, andithe revenue to £33,800,000, being adeficit of 414,000,000, or thereabouts. The deficit for the two years to which I have last referred, therefore, amounted in the whole to £23,221,000. That deficit was provided for by a loan • we have borrowed in India, in 1857-8, £5,157,000, and in the year 1858-9, £5,398,000, making for the two years a total of £10,555,000 borrowed in India We borrowed in England in the year 1857-8, £4,758,000; and in the year 1858-9, £6,7o3,ooo—making for the two years a total bor • rowed in England of £11,562,000. The house will see that the total amount borrowed was £22,118,000. There is made up by the diminution of balances up to this time a sum of £1,103,000. The sums made up by the diminution of balances and the amount raised on loan together make up the defi ciencies to which I have referred. This is the state of things up to the 30th April last. On the 30th April last the Indian debt amounted to £31,564,000, the interest on which was a sum of £3,564,000. I now come to the year 1809-60. Hon. members who may have in their hands the despatches lately placed before the house, will see there a paper containing estimates for 1859-60. Subsequent, how ever, to this a further statement has been made out out, and a rough estimate will alsobe found amongst the papers. I propose to exclude from our consideration a great deal which is in that account, because that account is not one of revenue and expenditure only, but it contains balan ces on the one side and the other. The expenditure in Indi a I estimate at £38,380,000; it appear s i n the account as £38,900,000; but then that gives credit for stores on the one side, in respect of which it takes cred it on the other,on account of their being in this country. The charge then for India, inclusive of these stores, but including the pay ment of the Tanjore debt, amounts to £ 38 ,380,000, and the charges at home, including war stores, amount to £5,851,000. I then take a sum which is a large sum, viz., the interest of the railway capital paid into the treasury, the interest on which is a charge on the Indian revenue, and I find its amount to be £1,114,000: Of this we expect to receive as revenue of the railway already finished the of £200,000 in the course of the year, which will leave the sum of £900,000 as the real charge on the Government. T will next add the charge to which the noble lord on a for mer occasion referred, viz., the charge in considerati on o f com pensation for losses d ur i ng the Indian mutinies. With from these officers—in regard to the greater porti on o f c l aims on this account offi cershad beenh a have received been appointed th investigate i th ts e atur A e o r n e ry r a t prima facie report—for as to many claims no evidence was sent. I must say that I cannot admit those claims for compensation as a matter of right. In many cases of simi lar disturbance no compensation had been allowed, though in others such an allowance has no doubt been made, but as a matter of favour as distinguished from a matter of right. The view which the Government takes of the question in this particular case is that a distinction should be taken between property which could not and that which could have been removed out of harm's way. In the former case we haye fixed the compensation as at one-half the value, and in the latter at one-third the estimated worth. I have stated the amount at £BOO,OOO ; but, presuming that there may be yet some claims to be brought in, I think it ;xi POo stock 20 20 20 20 20 20 20 10 Iright to fix a margin, and I therefore set this down as a t 1 £1,000,000. Adding this to the 'suing wlttell'l have already stated, the expenditure for the year 1859-60 will amount to the sum of £46'131,500 ; With regard to the revenue, this also is stated in the , paper to rvhich I have already referred, which fixes it at £35;850,000, which includes the sum esti tirnated to be •raised'from the additional taxes which have been imposed. I know that considerable objection hasbeen taken to the increase of customs duties, and complaint has especially been made in Calcutta on that head. lam not one.of those wile approve of any increase in the customs duties, but it was essential to the Government of India to have money, and it was necessary to obtain it at once. Under such circumstlinees+there was no course so expe dient to take as that of Mc - teasing the customs. Hence, however much I may dissent from the mode, I cannot, under the circumstances, but agree that the pressure of events justified the course taken. The other item of in creased revenue was from the duty on opium. This duty had been increased in Bombay from 400 to 500 rupees per chest. These are the only increased duties for which I have to account. The produce of the revenue in India for the present year is, as I have said, £35,850,000, and de ducting that from the increased expenditure, it leaves a de ficiency of £10,250,000. lam afraid that beyond that there may be a further sum. In consequence of what has taken place in India we have not been able to push the railways on so speedily as we'coidd wish, or so fast as we should, but for the circumstances to which I have alluded, have been justified by the amount of capital. ''The expenditure for the railways there for the following year is estimated at £8,000,000, :Ind the amount which has to be raised for them will be £6,000,000. This will leave a balance to be provided for of £2,000;000 ; and this; together with; the deficit I , have already mentioned, with a small margin for contingencies, will make a total deficit of £12,500,000. Then conies the question, how am Ito provide this sum,? Now, by the ateetints . to which I have referred, the house will see that the 'lndian government expect still £300,000 from the old Five per Cent. LoairsillOf that they have since the accounts were made out, rrei?eitied £276,000. Thelndian government also hate to receive of the Five and• a-Half per Cent. Loan, £5,600,000 ; but from the best information which I can attain I am afraid they will not receive anything like that sum. I hope however, that the increased confidence ,which now prevails will be of advan tage in India to ourfinances, and that the sum of £2,000,000 which I have reckoned as receivable •on this head will not turn Out as too high afigure. The nobledord also borrowed the sum of £7,000,000 in the early part of the year. Of this £5,000,000 had been issued producing a sum of £4,800,000. Adding this to the £2,000,000 I hope to receive from the -India loan the produce will be £6,80.9,000, and deducting this from the deficit I have before stated, we have a sit& Of £5,700,000. hills impossible foo me to say at what price I shall be able to raise this amount by loan. The late admini stration raised their loan at £B5. I trust that at the present time the money market may be found liberally disposed to wards India. However that may be, I must take a censi derable marg in, and I p ropose to take a margin from. £5,700,000 to £7,000,000. I propose, therefore, to issue the £2,000,000 left unissued by the noble lord, and to take a power of issuing £s,ooo,ooo—this bill makes up the amount to £7,000,000. I shall then, I hope, be able to meet the ex penditure of the ycarby this loan. At the end of the year the Indian debt will amount to £95,836,000, the interest of which will be the sum of £3,9130,000. I might here close my statement, but 1 do not think it fair to the house to do so. I think it right to state what the prospects of the ensu ing year will be. In the course of next year it will be ne cessary to provide for the increased expenditure caused by the interest on the present loan. I think, therefore, it will not be possible to put the expenditure at less than £46,000,000 Taking the revenue at the sum which the additional taxation gives, I think it may be placed at £36,000,000, which will l eave a d e fi c i ency o f £ 10,000,000 to be reduced by the reduction of expenditure or by increase of taxation. The house will, I am sure, agre e w ith me, th a t it i s indis pensably necessary that the deficiency should be met by de creasing the expenditure in every possible way. Any re duction must, however, depend necessarily on the state of India. It is hence impossible to say what the reduction may be. The reduction this year would have been large had it not been fur the disturbance amongst the local troops. which rendered it necessary to keep some of the Enropean troops in India who would otherwise have returned home. Any estimate which I present to the house must therefore be taken as subject to any unforeseen contingency which time may bring forth. Now the first item which may be considered capable of reduction is the amount expended for the civil service in India. I should deceive the house if I held cut to them that any great reductions can be made on this head. Ido not think it just or fair toreduce the sala ries of persons already- in the service. (Hear.) Some re duction inay,perhaps be made on new appointments taking place,.but I am afraid that any reduction on this score will be counterbalanced by the necessity to increase the number of Etiopean civil servants in India. The next item of ex penditure is for public works in India. This is an item of expenditure which I should , be most,sorry to reduce ; but I think Ithat some alteration may be made without stopping those !works which are of large public utility: But, after all, the great item onwhich a saving may be made must be in the military expenditure. (Cheers.) Now, the amount of troopain India before the mutiny was, of Europeans, 45,332, and of natives, 249, 153- -making altogether upwards of 294,000 troops. The amount of troops at this moment is, of Europeans ' 110,320, and of natives 207,765—an increase of 65, 00 Europea ns , an d a decrease of 42,000 nati ves . To these there is to be added a military police force of 89,829! men. Taking these, together with the men in depots , at home, the total army of India is 431,600. Now, I think that the day of danger having passed the expensive system of recruiting lately necessary, may now be reduced, and a; reduction to some extent has been made already. Hon. gentleman will, I think, agree with me in this, that it is perfectly indispensable to maintain a larger European force in India than we have hitherto kept up. I have no doubt that the reduced European force in India operated as an encouragement to the native troops in the late unhappy mutiny. It has been said by Sir J. Lawrence, than whom I know no higher authority, that the mutiny which has taken place was entirely a military mutiny, though in some places it was afterwards taken advantage of by disaffected persons. I think, however, it is a very satisfactory thing to find that, with the exceptions of the province of Oude, and some surrounding territory, the inhabitants of India took no part in the mutiny. Even there, I think, the part which the population took was to be explained by the fact that the Sepoys engaged in it were mainly drawn from them. Sir J. Wilson says that he believes the late mutiny arose solely from the conviction on the parts of the natives that attacks were to be made on their religious ceremonies and belief. From hat we learn, I thi n k, t h at we must not give to the native of India a n y reason to- believe that 'we are about to. • i attack hose religious f ee li ngs or pre j udices which they. hold so dear s (Cheers.) We m us t consu l t not only the interests but the( feelings of the people. If we have a contented popu- a. latian we shall require a lessforoe. Whereyeranetive force was prisent there was 'disturbance; where there was none there vies tranquillity. If w e can reduce the army, then we canireduce taxation, and in reducing taxation we shall be taking the best security for the future content of the kingdoin. But to what extent reduction may be carried it is not very easily to calculate, and the different estimates we have received only show how various are the opinions on this important subject. Much light is thrown upon it, how ever, in a paper which has been transmitted to us by Mr. Bartle Frere, the Commissioner of Scinde. (The right hon. baronet here read the paper at some length. The purport of it was, that the question of the amount of force to be retained in India was, after all, a question of finance, as It would be impossible to retain the country with any force, however large, which was obliged to be maintained with borrowed money. The first point to be gained was to get our expenditure within our income, after which, what with our vast naval, mecha nical, and other resources, the preservation of tranquillity in India would be a problem of easy solution.) This I contend is the principle upon which we must proceed, to take care to keep a contented population, and not to maintain an army of such an amount as can only be provided for by a con tinued series of loans. (Hear, hear.) The necessity of re duction in expenditure has already been enforced upon the Indian authorities in various despatches written by the noble lord opposite. In one he cautions them against entering into any expenditure which is not absolutely necessary, adding that they must not only consider their necessity, but their expediency, at that particular time. It is obvious, says the noble lord, that some reduction must be made in the mili tary expenditure which amounts to some twenty millions annually. The suggestions of the noble lord wore at once attended to, and it was intended early in the year to send ten regiments home. 'Recent events have, however, rendered it imperative that a portion of that force should be retained in the country, but still I believe about eight have been sent and are new on their way home. The military expenditure of India before the mutiny.was twelve millions annually, and itis' now twenty-one millions, making nine millions in crease. It is therefore upon these nine millions that a re duction maybe expected and although it cannot be reduced to the figure at which it stood before the mutiny, it is obvious that even leaving a considerable margin there is still a good deal of room for reduction. Three or four mil lions at least I think may be looked for, but as the opera tion cannot be carried out until the Queen's troops have been sent home, it is impossible to fix a time at which the reduc tion may be expected. Even the transport of these troops would cause expense to be set against reduction, but, then, on the other hand, much will be saved by our ceasing tomove them up and down within the country. All I can promi se is that the utmost care shall be taken to carry out the re ductions with the greatest possible expedition. (Hear.) With regard to the revenue, the Indian Government has made a proposal to raise the salt duty in Madras and Bom bay, it being already sufficiently high in Bengal. We have not heard to what extent it is proposed to be raised, but the probable gain to the revenue is estimated at £300,000, The Government has also undertaken to consider other duties, and instructions have been sent out from home to charge additional duties bg uatir ili o to n o stamps,be e stimatede r ived h asfraorm licensesytehtteobs these e hawkers,been ourc r eceive d a n I d hasa o vt n oe n tshu o ec d cp o e: n os b bio t anb it sle, will be several hundred thousand pounds. But y , larWhichwithin result assisted bemust four prevoiit or ird e t d pw i as b bit r esi Par_ isa nx. pos sible ,when we have done all we possibly can there will still be a considerable deficienc y bn i m l ta a l imu r t t odm l i toahi done el ei r e ot n nyto t hse b, a rne bring ande i. year. r x ne t gvleaendxs uopimuee income, by borrowedan d n until i 1 t h that imoney.a The Tanjore debt will !next year be finally extinguished, and the profits of the railways will, Ihope, tend t di • '' h o minis debt in th at direction,but how soon. that may take place it is not for me to say. Qn the whole, lam afraid we cannot expect to close the account of the mutiny without allowing the debt of India to have been increased to one hundred. millions. (Hear, hear.) No doubt a considerable saving might be effected if this country would consent to assist the finances of India. (Hear, hear.) lam not going to make any proposal to that effect, but circumstances may arise, when. this may be a very serious subject for this house to consider. The noble lord hinted at the probability of such a request early in the year, and when I look, and the house looks, at the circumstances I have stated to-night, it is not possible that we should shut our eyes to the fact that if we do not mean to lose our Indian empire we should be prepared ultimately to assist the finances of that country. In the meantime means must be adopted to put Indian finance under a better system. In this country my right hon. friend at once finds the means 'and superintends the expenditure, whilst in India revenue and expenditure are kept wholly separate. The party who expends, if the revenue proves deficient, draWs upon Eng land, and the authorities who collect the revenue have There could not possibly'be a more no power to inteefere. The fruitful source of irregularity, and therefore I think it would be advantageous if some person well versed in the financial system of this country, and our modes of raising money,and Of spending it, were sent out to India. It is therefore the intention of the Government to select some person and send him to India to take charge of its revenue and finance, and I trust the result will be to produce a better system of ad ministration than that which isat present pursued. If this be done, and if we can meet the pressure of the next two or three years, I have little fear of the revenue, because it is a remarkable fact that the revenues of India have risen in spite of recent events. In 1856, a year of peace, the re venue of India produced £31,700,000, and' in the subse quent year, when the mutiny broke out, it p!roduced exactly na y tboo ree xpyl: i the same sum. In 1858-59 it was £33,800,000, being two millions more than in the last year of peace ; and for the ' ' present year the estimated revenue is £35,850,000. There is an increase in four years of no loss thaa four millions. This, I think, ought to give one great confidence respestin ) ~ ,prri!S I .JA I~ ~f I Share) Stock Sfe;ck