The Sun. — London, England, 1869-05-10 00:00:00

MONEY MARKET AND COMMERCIAL INTELLIGENCE. CITY, Two O'CLOCK. Consols are 92i 1 1 for money; ditto, for Ac e mut, 921 4 ; Three per Cent. Reduced, 90i- j ; New Three per Cents, 901 i ; Exchequer Bills £l,OOO, ; ditto £lOO, £2OO, and £5OO, 5 dis. ; Bank of England Stock, 4 per Cent., —. India Stock, 101 per Cent., April, 1874, 2111 10 ; d tto 5 per Cent., July, 1880, 1041 14 ; ditto 4 per Cent., Oct., 1888, 1001 ; ditto Enlaced Paper, 4 per Cent., 911 ; ditto Bonds £l,OOO, —; ditto under £l,OOO, 5 dis. In the foreign market the Tobacco Loan is 11 higher, Nicholas 4, Peruvian and Spanish 1, Por tuguese, Moscow, and Charkof 1 each ; Egyptia❑ (1868) and Turkish Five per Cent. each, and Italian 1. The other prices are as follows : Egyptian (1864), 841 to 851 ; ditto (1868), 74 to 7.41; Viceroys' Nine per Cents. 95 to 96 ; ditto Seven per Cents., 771 to 781 ; Italian, 551 to 56 ; Tobacco Loan, 851 to 861 ; Peruvian, 751 to 761; Portuguese, 341 to 34 ; Russian (1862), 83 to 84 ; Orel-Vitebsk, 77 to 78; Nicolas, 63 to 64 ; Moscow, 78 to 79 ; Charkof, 741 to 751 ; Spanish, 28 to 284; Turkish Five per Cents., 41i to 411 ; ditto Six per Cents., 641 to 65. American 5-20 Bonds are 1 per cent. higher, the price being 781 to 781 ; Erie Shares are 1 better, at 171 to 181; and Illinois 1, at 941 to 951. In the railway share market prices shoW no varia tion. Midland is k better at 111 to 1111, and Great Western and Great Eastern are also each 1 higher, the former being marked at 471 to 471 ; and the latter at 37 to 371. Caledonian is quiet, at 771 to 771; London, Chatham, and Dovor, 16 to 161 ; Loudon and North-Western, 114 to 1141 ; South Eastern, 7-4 to 75 ; Metropolitan, 100 to 101; and ditto Extension 95 to 96. In Bank Shares Imperial Ottoman have improved, and are now 1 to 21 prem. Agra is quoted at 10; to 104 ; Alliance, 131 to 141 ; Anglo-Austrian, 18 to 19 prem. ; Chartered Mercantile, 301 to 31 ; Con solidated, 41 to 44 ; London and Couniy, 501 to 51,1; London and Westminster, 64 to 65 ; Lon don Joint Stock, 321 to 331 ; and Union of Lou don, 354 to 361. General Credit and International shares are I lower, the former being to 1i die., and the latter 21 to 1i dis. National Discount is unaltered, at 11 to 111. Hudson's Bay shares are quiet, at 121 to 12k. The sum of £62,000 was withdrawn from the Bank on Saturday for Brazil. The Bangalore, for Bombay, has taken out £17,600. The Saon, for the Cape of Good Hope, will take £lO,OOO. The Peninsular and Oriental Steam Navigation Conipany have announced an accelerated mail com munication with Japan. Their steamers will hence forth run fortnightly from Hongkong to Yokohama and vice versa direct, instead of via Shanghai, as heretofore. The Hongkong and Shanghai mail service will be continued as at present. The gain by this arrangement will he five days on the home ward passage and two days on the outward passage. At a meeting of parties interested in the Erie Railway Company, held in the city on Saturday, communications were received from the followit:g among others, expressing willingness to co-operate in obtaining united action ou the part of the Euro pean shareholders :—Messrs. William Brown, Lich field ; C. Borthwick, Austinfriars ; Thos. Thomas son, Bolton ; Mr. H. J. Trotter, Bishop Auck land ; J. S. Stitt, Liverpool; Henry Rawson, Man chester ; A. G. Dallas, Beaufort-gardens, London ; and James a Watson, St. Vincent-place, Glasgow. The immediate object of this movement will be to obtain some reliable information respecting the Company's affairs and a voice in the management commensurate with the very large interest now held in England and on the Continent. Persons willing to assist are to send their names to Mr. J. Denman, 5, Austinfriars. Some figures compiled by the Austrian Board of Trade show the great increase which lik.s occurred in postal communication, owing to increased faci lities and more complete orgauiz ition. In the year 1860 the number of letters which passed through the pest-offices of Austria amounted to 356,906,622, and in 1867 it was 480,549,152, being an increase of os'er 123 millions in one year alone. I❑ consequence of the rise in the value of money the demand for silver in the East has almost Ceased. It is computed that in the course of the next week or ten days about £400,000 in Australian gold ought to wive, and will probably be sent into the Bank of Eagland. The Council of India will receive tenders on the 19th inst. for bills on Calcutta and Madras to the amount of £350,000. The sixth ordinary general meeting of the pro prietors of the English Bank of Rio de Janeiro (Limited) will be held on the 24th inst. The annual meeting of the Marine Insurance Company will be held ou the 24th of June. With reference to the various Brazilian loans, the numbers are published of 3,319 bonds, amounting to £405,000 which have been cancelled, and the halves of the cancelled bonds deposited at the Bank Of England. At an adjourned meeting of the creditors of Messrs. W. Dickenson and Sons, of Blackburn, who recently failed, it was resolved to accept a composi tion of 12s. 6d. in the pound, payable by half yearly instalments of 2s. 6d. each. The Traffic Receipts on the Railways in the United Kingdom, for the week ending May 2, amounted on 13,496 miles to £779,807, and for the corresponding week in 1868 on 13,308 miles to £747,898, showing an increasing of 188 miles and of £31,999 in the receipts. The gross receipts on the 14 principal lines in the United Kingdom amounted for the week on 9,816 miles to £650,055, and for the corresponding week of last year on 9,647 miles to £625,654, showing an increase of 169 miles and of £24,401 in the receipts. The receipts on 52 other lines in the United Kingdom amounted on 3,680 miles to £129,849, and for the corresponding week of last year on 3,661 miles to £122,242, showing an increase of 19 miles and of £7,598 in the receipts. The total receipts for the past week, as compared with those of the preced ing one, ended 25th April, exhibit an increase of £16,612. BRITISH FUNDS-CLOSING PRICES. GOVERNMENT FUNDS. 3 per Cent. Consols f 92 1 I I i Ditto for Account, 9.01 j / 3 per Cent. Reduced New 3 per Cent ew 2i per Cent. Jan. 1 1 8 8 9 7 4 Do. 5 per Cen Jan. 3,, 1880 — Annuities, 80 yrs, expire Do. for 30 yrs, aspire ,-„ Aug., 1908 — irestshthArJitinliBBs — Do (Red Sea Teleh,rapu , ), b d Exottoqu7.r Bills, .£l,OOO, 2 2 1 Do .£5OO Do. £lOO St £2OO , 21 per Ct —s Bank of England Stockp 05 . opening 41 per Gent Canada 4 p er C ent. B on d s _— later-Colonial Omuuttn INDIAN GOVERNMENT SECURITIE S. India stock, 10} per C eut., A pr il 181 4 u. O pening, for A ccoun t I 114 i 14 Do. 5 per U ent. July, 1880 2111 12 10 D Do. 1 per Cent , Oct. 1888 Do. Certificates 91 i Do. E. nfaced I'a ei 4per Cent.... Do, o i l'' P , • , per err 02t., Jan. 187/ .... ~. "°. oi per (. 1 1t. May 1879 — DJ D o e rP Cent., R up. Deb. 1872 — Do. du 1877 — 188 DDo. uund u. Bilds, 4 p er Cont., .£l,OOO er .El.OOO FOLEIGN FUNDS—CLOSING PRICES. Ar ;eutine Rapublte, t; per Cent ... - , D o., Scrip 4 .45 paid .. . nuttn Bonds 5 per Cent . Do. 1 ;t 59 Brizil:r.n 5 per Cent 13 . li 12er Cent. P 152 — Do. do. 1858 — Do. do. 186' Do. d 1863 _ ~ 1 )0. 5 lero Cent., 1865 _ ' } t' Ac count ........ . _ .13euos Ayres 6 per Cent. .. Du 2 il ba., 6 per C en t. p 1,,e1 Cent. (Deft 3ar Cent.) „C _ u - ,,, :1n 6 per Cent _ ,-,. 4i uer Cent..„. ..... “...,—• Do. D 3 per Cent., D. 6 per 18G7 o. 7 per Cent., 1866 - C lo nbian, 6 por Cent. Dan sr'. 3 per Cent., 1825....,„. Dan ‘hian Principalities, 7 per Cent 75 Do S per Cent., 1807 864 wquador New Consolidated, 1 per Cent. E cyrtian, 7 per Cent — I).z •ecoii Issue B2 fie. £SI . P, .Bonds -- Do. £lOO Bonds ..... 83 D. 1864 Do. Account Do. .C5(:0 Bond.- Do. £lOO Bends B5l English Scrip, 1868 74 f Do do. .£l5 pd — dis Govornment 111til way oiq.:olit,urt., Greet 5 per Cont., 1824 5, es Coups — Do. Account Do. Coupons __ Do. Account ... ';'mkT,tmlia 5 per Cent _ — Honduras Gov Rail. Loan., 1U p. Ct., all pd It- , •iali 5 pr• Cert., 1565 — Do. Account . Do MArerumana Railway — Ilosicar. 3 por Cent Ditto for Account Dn. 1864 — Do g per Cont. Anglo-French ‘4. - mtevidcsau 1 7 . per Cent. - , lc crish Imperial 5 per Cent - N'ev - Granada l7l Do 3 per Con - Do. Deferred ?ernriar. 5 per Cent. 1865 Do Ace-Dina .. 751 G 51 Do 41 per Cent. (I.: l ,arren) ....... ..... Do 11 per Cent.. 1862 -. _ Do Account 2orte,guese 3 per Ct., 1853, '6, 7, '9,'60,`•;. - 331 41. Do. do. 1867 — Do. do. Scrip, £2O paid — tiussian 5 L ,, , r Cent., 1822, £ tit 90 41 per Cent .. 1850 Do 11 per Cent., 1860 Do 3 per Cent., 1859 Do 5 per Cent., 1e 62 Do do, Scrip — pr Do. Anglo-Dutch, 1861, £lOO Bolick , Do. do. £B4 15s. do — Do., 1866, £lOO Bonds BBl Do. do £B4 15s. do — Do Nicolas Railway 631 Sarlinian 5 per Cent — Spanish 3 per Con ... Do. Account - Do. 1867 Do. Account Do. New Deferreu Do. Account Do. Passive — Do. Com. Cert. of Coup. not funded — Do. Account Swedish Provincial Mortgage Loan Do Government, 1£661 Do do, 1868 Turkish 6 per Cent., Do Account Do 6 per Cent. 1858 Do Account ;6li. Do £lOO Bonds Do 6 per Cent., 1862 Do Account . Do £lOO Bonds 67 Do 5 per Cent. 1865 — Do Account Do 6 per Cent., 186 a . 641 i Do 4 por Cont., Guaranteed Do Laud Warrants (Hectares) Venezuela 3 per Cent. — Do. Account Do 6 per Cent., 1862 Do 6 por Cent. 1864 Dividends on the above payable in Lou Job Austrian a per Cent. Ex 10 Florins Belgian, 4/ per cent., Ex. 25f. Dutch 'A/ per Cont. Ex. 12 Gail. , — Do. 4 per Cent. Certificates Do. Account — French Routes, 3 per Cent., Ex. 25f. I t•tlitan 5 per (lent. 1851, E. 1.:. 25f. — Do Account 56 CLOSING PRICES. oJusols, Motley 921 1 / Do. Account, June 1 .. 92/ t POLICE 11VTELL1GENCE.-7his Day WES T.IIINSI Ell. PAWNBROKERS AND TILE Pooit.—A very respectable looking woman came before the magistrate this morning for redress under the following circumstances : She said that she wished to know whether a pawn broker was not liable for damage to property left in his possession. A few months ago she had necessity to pawn a good carpet for 10s. at Mr.Weekes', Cheyne-walk, Chel sea, and when she went for it, at the close of last week, she found a large hole right through many thicknesses of it. Mr. Selfe—Was it done by a moth ? Applicant—No, yoar worship, by a rat. The hole is too big a great deal for a moth. When I pointed it out to the pawnbroker he refused to give me any redress, and when I told him that I should go to a nitgistrate, he said be did not care a for a magistrate. Mr. Selfe—l am afraid you have no redress. Applicant—l paid him 125., including the interest for the carpet, which is not worth 4s. now. It was a new carpet, and cost me a good deal of money. Mr. Selfe— I would grant you a summons, but you would in all probability lose your causo and the costs. I should be sorry for you to throw your money away as an additional loss to what you have already sustained. Applicant—Ain't ho liable for the thump to my pro perty ? Mr. Sulfa—ln order to sustain your complaint it would be necessary to prove neglect on the part of the pawn broker, and I cannot see how you are to do that. Applicant produced the carpet with a large hole through the folds, which she said perforated four places. The pawnbroker pretended it must have boon in that state when ho took it in, which was absurd, as he opened it widely and looked at it before ho received it. • Mr. Selfe repeated that it would be uukiud to grant her a summons, as she would be unable to sustain her com plaint.. T HAMES. A PICKPOCKET ON A RAILWAY.—John Gallagher, aged 29, was brought up, on remand, bofore Mr. Paget, charged with stealing a purse containing 12s. 6d. from Miss Sarah Nott, a widow lady, on the platform of the Bow railway station. A few days since, at half-past 3 o'clock in the afternoon, Mrs. Nott was about to enter a railway carriage, after a stoppage and a change of carriages at Bow, when she felt a pressure upon her, and saw the prisoner's hand being withdrawn from her pocket. She turned round and saw him with her bag, which she was opening. She said You have your hand in my bag , give it me." He said sho was mistaken, and entered a carriage of the train which was about to depart. An alarm was raised, and Mr. Abra ham liable, the station-master, took him out of the car riage and gave him into custody. Mrs. Nott also stated that her money, 12s. 6d., was safe in her bag between Stepney and Bow. The prisoner told Mr. Noble he came from Fenchurch-street by the previous train, which dis charged its passengers at Bow. He bad not been travel ling on the line at•all, and had no ticket in his possession. The police-constable who had charge of the case said the prisoner had given a fictitious address, and had been visited in pr►son by detectives, who had failed to recognise him. Iloche, the gaoler of the court, however, stated•that the prisoner had passed through his hands before, and had been convicted of felony. Mr. Faget said he should like to know something more about the prisoner before he finally disposed of the case, and remanded him for a week. MARLBOROUGH-STREET. FENIAN REVENGE.—Martin Kennedy, a rough-looking fellow, was charged before Mr. Tyrwhitt with assaulting David Jones, living in Crown-court, Soho. The complainant said that on Saturday night he was standing at the corner of Pulteney-street talking to a friend when the prisoner came up to him and knocked him down, and rendered him insensible, his head coming against the kerb, and being cut. He was afterwards taken to the station and a doctor sent for and his head dressed. ha answer to Mr. Tyrwhitt, the complainant said that he had triven the prisoner no provocation. Frederick Nesbit and James Geozagn gave similar evidence. Mr. Tyrwhitt sentenced the prisoner to find bail in .£lO or two months. EXETER llALL.—llandel's masterpiece, " Israel in Egypt," will be given, for the last time time this sea son, by the National Choral Society, on Wednesday next. Tho celebrated duet," The Lord is a Man of War," will bo sung by the gentlemen of the choir, numbering nearly 300 voices. Miss Arabella Smith, Miss Palmer, and Mr. R. Mason, are the principal vocalists ; Mr. G. W. Martin will conduct, and the performance will commence at eight o'clock. ST. 3lusoo.—This horse, who came in contact with The ./E, , ,Tan while running for the Chester Cup, and had his shoulder severely cut, went home very lame on Thursday morning. ono willpubt the valuable evalenta Arabica I nds of blessings — LA.DYERTISEMENr.] -11 enceforth no h th a o d Pope, been propertieslnvalids' nodf Infants'D üßrf , y o ' o s d, health-restoring si. eeto the t thousands ette du it has already received from Invalids whose deemed hopeless, We may now add that of his position n s s 11 e v reme dies, I e n u l tl whose health has been perfectly restored by it after unsuccessful medical treatment. We quote from the "% T ar "' c ' t Midi," July 25th :—" Rome, .1 sly 21, 1866. The health of the Father is excellent. especially since, abandoning all other holye dies, he has confined himself entirely to Du Barry' Arabica Food, of which he consumes a plateful at every meal It has produced a surprisingly beneficial effect on his health, and his Holiness cannot praise this excellent food too highly." wo extract a few out ofinore than 63,000 eures:—Cure Nu. 58,216, of the Marchioness de Brehan, of seven years' liver complaint wasting away, debility, nervousness, with a nervous palpitation, all over, bad digestion, constant sleeplessness, sill the most in tolerable nervous ag,itation. Cure No 1.771: Lord Stuart de Decies, Lord-Lieutenant of Waterford, of many years' dyspepsia. No. 49,812: "Fifty years' indescribabla e . agony from dy spasms.spepsia, nervousness, astinant, cough, constipt f sickness, and vomiting —Maria Joly." Cure No. 46,270: Mr James Roberts, of Frimley, Surrey, of 30 years' diseased lungs, spitting of blood, liver derangement, and partial deafness. im portant Caution—Beware of the many unsavoury andron more than sloppy imitations to which , without authority, Ba Liebis name is most audaciously attached. In tins, at is 10; 1 lb 2s 9d; 2lbs 4s Gd; 5 lbs Ils; 12 lbs 228: 24 lbs 408. - Also DU BARRY'S REVALENTA ARABICA for CHOCOLATE POWDER is packed in tin canisters : fur 12 cups at .s, , cups at 88 6d, for 48 cups at Cs, for 288 cups at Sus, f..r 576 cups at 55s —being about one penny per cup. The 308 and 55s tins are sent free of carriage in England ou receipt of Post-Office Order,— . BARRY Du BARRY and Co., No. 77, Regent-street, London;; and all (inners and Chemists. . . Pad. Closing Busbies, Share liallWay a. Price. done. st Bristol and Exeter ...... 103 77 79 78 at Caledonian «...... 100 771 78/ 771 1 81 C.anaurnan. 2) Corn +vall -I Duuliu & Bellast June llO 17 70 at Dun„l'erttidi Ab.J mac " +,oo 70 72 2 : East I..ondon all 61 71 20 uo 15 2 / Do 10 st Glasgow it S. Western 10,) 973 93 at Great Eastern .. too 37 371 37 1 / at Do. E. Anil. No. 2 lOO ... ... at Great N orth of Scotland lOO 16 6 at Great Northern ... 100 105 107 1063 151 at Do. A stock at Do. B stout lOO at (itS. and W. 01 Ireland lou 95 .7 8c Gt. Western —original 3OO 4 'l ibi 47 1 # 1 it Do. South Walus 8: Do. W. ..111d.—wcloru lOO 25 27 8, Do. I.si ewport lOO 15 1:0 at Eazicashire 3: 1 orkehlra lOO 102 .23 at Lon., 13rigeh.,.1t S.Coaat lOO 414 461 161 0) Do Scrip si I on., Chat., and Dover lo.. , 16 17 161 1 1 at Do. Mctrop. r.:k. A luu - at Lun. .ir North Wrstem IOU 1141 .15 1111 1 4 Lou. 42 South Wester," It:0 87 r 9 Est ic Stan., :wl., .12 Lincoln llt .21 533 621 1 1 it 91,11'01 0!11,11 ~.., • st Do Extensi,u .. 10 Do. Ncw rd .. at Metropolitan District, tall 5 00 10 Metrop. ,t. John's 11 oo 1 i , ' at Midland at Do, Bimini. isz Dtrit+y st North 131 1 ugh at Do. Ku., rth., At Dun... lOU at . or. t:a.stern—Berwics lOO 103 104: 1033 # 25 Do. C. N.E poi:chi...v-10.M # at Do Leeds. 1 ta: 5) 591 at Do York lOl 91 tr.) at Do Carii.le .... . at Do Stoc;. & Darling 1(.0 131 131 at North Lou ion 10 Do New 1618 at North Sta.ffordshire . . 160 55 57 at North and S.-W. Junction 100 _93 100 10 Do New £lO shares 7 ... .. at Rhymney ll 0 5 i 63 Union * at Shropshire U at South Devon' at South Eastern lOO 75 731 et Staines, Woleham, & Wok all 12 13 at •L'ati 1 , ale lOO 148 LS -- Do. C.. Waterlurd At Kilkenny llO -- lu Waterloo & Whiteha.l 0 THE SUN, LONDO', MONDAY EVENING, MAY 10, 1869. SHARE LIST. AND STOCKS. JOINT-STOCK BANKS. Olosing 'business Share NAME. raid. Price. done 10 Agra Limited, A 10 Do B ) 50 Albion , all o l sl 1 2 0 64 / 1 2 0) 2 10 t. h 00 Alliance, Limited 20 Anglo-Austrian 20 Anglo-Egyptian, Hitt— -20 Anglo-Hungarian 20 Anglo-ltaliau 186 G, limited 10 51 41 40 Australasian ......... all 01 .53 20 Bank of British Columbia all 11 13 20 Do issued at 2 pin , ... 5 5 4 '2,5 Bank of Egypt 20 Bank of Otago, lint. 25 Bank of South Australia all 30 32 50 Bank of Victoria, Australia 23 37 33 10 Bank of New Zealand all If,l 1 1 50 British North American .., all 51 51 20 Chartered of India, Austra lia, :nd China 25 Chartered Mere. of India, London, and China all 301 31 31 20 City ............... I') 114 121 100 Colonial ........................... 25 33 40 10 Consolidated, lint. .......... 4 4 1 41 4 50 Delhi and Londo n, li m 2 5 50 EastLo ß nd a o n n k 0 1 i f m n .. i .... d .. e . ... ... ... 5 2 1 a 20 English and American, lim 1 0 20 English noiro. lint ............. . ...... 10 pr 1 p 20 English, rcottish, and Aus tralian Chartered ..... all 161 171 i,84 Hong Kong and Shanghai Bank Corporation all 36 38 - 284 Do new 54 2/ 21 100 Imperial, lint 20 Imperial Ottoman •,,,,, 10 2 21 121 12 ;45 lonian. ............ . 25 Do new........ 5 1! 41) 20 Toad Mortgage of I n di a, lim 4 3: 3 4 ! 4 100 Do 5 p.c. Debs.lB6l, 30 all 76 75 71 30 Lonticm Bank! of Mexico antr South America, lim. 20 61 51 100 London and Brazilian, Um. 45 30 27 20 Do new 71 51 41 lOU London &River Plate, lim. 40 9 11 2.5 Do new 10 24 21p 20 London Chart. of Australia all 241 24 20 Loudon and County,,,,,,_„ 20 50 01 50 Do new, iss at 20 pan, 10 pd. 11 London Joint S . W.:IL__ 1 311 311 334 London and South Afrie . au al 31 91 00 Loudon &S. - Western, lim, 20 13 11 no London & Veneztt3la, Hui_ 121 ... 100 London and Westminster. 20 611 621 811 6 100 Do Scrip, iss at 10 pm..,,,,,,, 20 ... 100 Merchant, lint 10 Metropolitan, lim 100 Midland, 1int..... ....,• 20 1 1 a 5 National of Au s t ra l ia 25 National of Liverpool, Hai l5 Id IP 100 National Pro vine. of Ertg'd 42 ... 10 DJ 42 ... ... 44 ...... .. .. 5:0 National._ ..... . 30 ... • . 20 New South Wales 20 North-Western 25 Oriental Bank Corporation all 421 431 414 0 00510 P r r r o ° v v i i n n c e i . a it' l t o n f k ir e e e la r u P (l ° .;, ll . ,.. m „ , 1 2: 0 1 8 6 3 1 5 10 89 Do 100 Stand, of Brit. S. Africa, lint '2O 15 11 104 100 Do issued at 6pm lO 8 6 20 Union of Australia all 47 48 471 100 Union of Ireland, lim 50 Union of London l5 354 301 351 SETTLEMENT OF THE SPANI,SIT GO VE RAW E The intelligence given by the Imparcial that a regency would be appointed in Spain, with General Prim as Minister of War, is confirmed in a modified form by the Times correspondent. The writer, in a telegram, says: "It is positively announced that upon a form of monarchical government being voted by the Cortes, Marshal Serrano will be proposed sole Regent of the kingdom, and General Prim as President of the Council and Minister of War, in order that the Government may be securely established until a king shall be elected." THE DEPRECIATION OF GOLD. - That high authority, Professor Stanley Jevons, pub lishes a letter in the Economist shewing that since 1849 there has been a real depreciation in the value of gold, or, in other words, that the purchasing power of the precious metal is less than it was twenty years ago. Professor Jevons takes fifty of the chief common commodities, and he finds that in the case of each there has been an average rise of price since 1849 to the extent of 18 per cent. This rise in price and consequent decline in the purchasing power of gold, he attributes to the great gold discoveries in Australia and California—discoveries which were first made in 1849. The facts be adduces in support of his argument are very interesting. Down to 1E49 prices had uniformly and regularly declined ; gold would buy more and more each year, and, therefore, the value of gold was greater. But since 1849 prices have increased, gold will buy less than it formerly would, and hence the precious metal is less valuable. If we take the average price of commodities in 1849 as 100, we find that in 1850 the average was 101-- an increase of 1 per cent. In 1851 it was 103 ; in 1852, 101 ; and in 1853, when the effects of the gold discoveries began to be fairly felt, the average bad risen to 116. In 1854 it bad gone up further to 130, from which year it declined, until in 1858 the average was only 118. Then it rose again to 124 in 1862, since which date it "has declined to 119 in 1869. From these figures it appears that the range of prices bas since 1853 been always considerably above the point they attained in 1849. The three great collapses of credit and enterprise occurred in the years 1847, 1857, and 1866, and the depressions of prices thereby occasioned were respec tively 22, 14, and 10 per cent. ; it is perfectly fair, there fore, to compare together the three lowest points thus attained in the years 1849, 1858, and 1867, and we thus learn that there has been a net or permanent rise of 18 per cent. accomplished in the prices of about fifty of the chief materials and commodities. By some it is asserted that this rise of prices is due to the progress of trade, the growth of population, &c., but Professor Jevons refutes this theory. Prices have gone up since 1849 ; but previous to that date there was a vast decline. Keeping the average at 100 in 1849, we find that in 1799 prices were at 203; in 1809, at 245 ; in 1819, at 175 ; in 1829, 'at 124 ; in 1839, at 144 ; and in 1849 they sunk to 100. "Between 1809 and 1849 we notice a vast decline of prices to the extent of 145 per cent., the previous rise having been nearly as great. With this great revolution in the value of gold we are only concerned so far as regards the fact that previous to 1849 a great decline in prices was in progress. This decline was interrupted during the years 1835-9 by a temporary rise, due perhaps to excessive speculation, but the decline was renewed as rapidly as before until we reached the critical year 1849. Since then the course of prices seems to have been entirely altered, and a perma nent rise has been established." Now, tradeand population increased rapidly up to 1849, and yet prices went rapidly down. How, then, remarks the Professor, can the increase of trade and population have caused a rise since the critical year? How can one cause have lessened prices before 1849 and lengthened them afterwards? The Professor says : " I have only to ask those who think that the growth of population, the increase of demand, or the progress of trade is the cause of the rise of prices. whether population, demand, trade, &c., were not expand ing before 1849, not so rapidly perhaps as since, but still expanding ; and how it is that causes of the same kind have produced falling prices before 1849 and rising prices since?" Hence Mr. Jevons concludes that the gold discoveries caused this great difference. Indeed, as Professor Cairnes Las so distinctly pointed out, the effect of those discoveries is probably much greater than any we can prove, because the course of prices was in previous years decidedly down wards, so that the new gold has both :prevented a further fall and occasioned a rise in its stead. RAILWAYS-PREFER ENCE SLUR h,S AND MTOCES. st Bristol and Exeter 4 p.cent. 100 86 88 st Caledonian Qrs., Nu. 2 lOO ... st Do. Scot. N.E., 41 per cent lOO st Do. Aberdeen, gua 6 p.c lOO et Do. do. 7 per cent lOO et do. Ordinary lOO 16 82 et Do. Midland st Do. Dundee and Arbroath 100 20 Cornwall, 5 per cent gum all 13% Dundee, Perth, and Aber deen J unction lOO 105 107 st Do. Ist Class preference 100 st Glas. & S.W. gua. 5 per ct 100 ... st &4t. Eastern, E.C. Ex. 1 , 70.1 WO 90 90 at Do do N 0.2 100 93 93 st Do do 6 per cent 100 10J 112 100 st Du East Anglian Asp. c. 100 ... st Do do B 6 du. 100 st Do do C 7 du. 100 ... St Do • do No. 1, 5 p.c. 100 ... st Do E. Union 4p. e. gua. 100 70 75 st Do Not folk 5 p.c. Ex. 1816 100 ... st Du du ti p.c.Way.V0.1.1047 100 ... st Great Northern, 5 per cent 10 ... , st Do 5 p.c., rd at 10 p. c. pm. 100 ... st Do 4 1 do do do 100 st Do 5 do at sp. c. pm. 100 ... st . Do Leeds, Bradford, and Halifax, 6 per cent lOO ... st Gt. Nrth of Scotland, Ist pf 100 at Great South. and Western (Ireland) 4 per cent „ . st ot. West.— Orig.& Jut.-Itent -- _ _ chg., per gua. 5 p.c lOO 101 103 1011 st Do. Orig. (B. a 11. Ex). 5 p.c 10) 95 10) st Do do 4, pee coat. 110) 10) 87 69 st Do du 4 to do st tun do 5 per eclat. redeai lOO 90 97 st Du do Biruii , ugnani gua lOO 60 70 st Du do do prof st Do du Chester gal I)) 80 15 st Do do do 8 per cent. 10) ... ... St DJ du du 5 do 100 95 100 st Do South Wales, gua. 4 p.c. 100 ... ... St DJ du 4 1 p.c 1)0 ... ... st Do do 4 1 1159 lOO ... ... st Do do 5 st Do West Mid. Oxford Ist g. 10) 111 113 st Do do 2d gua. 100 107 111 st Do Newport, Ist g. 5 p.c. 100 90 92 st Du do 2d du 100 97 IVO st Du gua. 51 per cent. 1103 100 ... ... 00 Laucaster 61; Carlisle 41 p.c. all ... ... st Laneasn. 6t Yorksh. 6 p.c. 100 1 3 135 at Do Barnsley, £5 Os 100 p.c. 10) ... ... st Du 6 p.c. (Last Lancashire) 100 130 115 st Do 41 (Blackburn purch). 100 95 100 St, London (it Brighton, sp. c. guaranteed, Nu 1 lOO at Do 5 per cent. gua. No. 2 lOO ... st Do 6 do do lOO st Do 5 do NJ. 4 lOO at Do 7 per cent........ at Do 6 do (W.E. & C.P.) 190 st Da 4 do 1853 IUJ at London, Chatham, &Dover 5 per cent leo at London and C. and Nuneaton 5 per coat lO3 108 113 at Do Bedford &Cambridge lOO at Do Shreweh'y S Welehp'l lOO at London and a W. 7 p,c late 3d shared, lOO 140 150 2s 6d. Do (Purtsm. perp and 2560) a 11... . st Man., Shef., & Linda. 6 p.c. 100 111 117 6 Do .t; all par 1 pal 61 at Do 31 per cent lOO 60 65 10 Do redeem. 6 per cent st Mid. Consolidated., 6p. c lO3 130 135 at Do Bristol& Birm., 6p. c lO3 1i 2 144 at Do 41 per cent. redeem lOO 13 10) at Du 41 per cent. irredeemu lOO 93 133 at DU Leicester ehu,-1 p.c. 10J 89 11 8 I at North British, 5 p.c. No. 1 IOJ ... at Do E. &G. 4p.e.S. & D lOO at Do N. 8., N 0.2, 5 per cen.t IOJ at Do Border Uniou, 5) p.e lOO _ at N.-Easteru—Cous. 4 p.c lOO 87 Sj at Do 41 per cent. redeem-- 10) 95 p 7 at Do (1 N.E. 4 per cent., lO3 17 Do Berwick. capital 8.13.4. Du York, IL& S. purchase lO 10 101 Do Stcktn & Drling. A 5 p.c lOO 106 103 st D; iV, Llartlepool if. and It 100 84 ;8 851 20 North Staffordshire 103 t , . Devon Annuities, 1 s all 9 10 10e Do Tavistock Alum., Ds all 84 91 lOs Do Fixed 41 per cent all 8 Si ro.c. S . East. (Read. Anus., 1.0.6) all 22 23 a et Do 41 percent lOO ••• ••• st Do Fixed 41 per cent lOO ... ... at Taff Vale No.l lOO 14i 153 at Waterford & Kilkenny, 6pc 100 41 43 RAILWAYS.—PREFERENCE SHARES AND STOCKS. With Dividends contingent on the Profits of each separate year. at caledoilian 44 P e gueeeel.rdm. 8 7 . c 1 10 0 0 1 : 8 .. . c cent 100 1 7 8 ' ataai (tre at D DDI o o: clip 4: con. issued c e d s 1: :: :, 1802 .. . 100 87 80 at Do New 5 8 a t Do do 5 do , 1864 100 84 868 et Great Northern, 5p c irred 100 at Do Permanent 5 per cent 100 a t Do Boston 8 S leafd, 41 pc 100 .*: st Great West., W. Midi., 5 p c 100 st Do Jointperpe. s pc, 1865 100 88 82 at Do do 6p c erred., 1866 100 103 103 2 0 Do Vale Neath pe r il . 5 p c a ll 19 2 0 107 at Kent Coast, 6 per cent, B 100 5 Lane. and Yo rk. New 41 p er •.. „„„ cent till July, 1871 2 i p et Lond., Brig ,&c., 41 pc, 1858 100 , at Do do 4 do, 1860 100 •••• at Do do 41 do, 1861 100 at Da do 41 do, 1860 100 *** st Do do 5 do, 1865 100 st Do No. 6 5 do, 1866 100 at Do No. 7 sdo at Loud , Chat., Sc., 2d, 6 p.c at Do Metrop. Ex., B 6 p.c Do do C 6 p.c at London & IN. Western, 5p c 100 1 . 03 110 . at London e; S. Western, 41 p c 100 :2 91 10 Mau. chef. & Li n., 5 p c, 1865 all 8 84 t Metropolitan a per cent at Midland, A 5 per cent pref lOO 106 103 B do 100 106 108 at 48 Do 5p c opt. to cony. to Ord. Stk., Sept. 1, 1869 all 201 201 18 Do Inconv. New Sha re s all 18 / 19 4 22 Do 5p c con. into Old Stk., Aug. 31, 1872 B4 14 21p st North British, E. and sa No. 1, 5 per cent ... at Do £lO guaranteed, 1861 100 Do E P., & Dun., 21, 4 p c 100 ~, st Du E. &G , No. 2, 5 p.c st Do N. 8.. 5 per cent, 1862 100 at Do E. & G., N 0.3, 5 p.c 100 at Do E. & 0., (Ordiry) 41 p c 100 st North Eastern, 41 per cent 100 95 97 at Do Stock. et Dart., Dent . 100 111 113 at North Loudon , 41, per c (Max. 5 per cent) at North Staffordshire 5p c lOO at South Eastern, 41 pc o , 1859 100 „. at Do stern, d 1861 100 , at Do sdo (Ch. Cro ss) 1863 100 st Do 5 do, 1864 at Victoria St. &Pimlico, 41 pc 100 RAILWAYS.-LINES LEASED AT FIXED RENTALS uhetyff-71---------Ivu b 3 9J 100 Do. 4/ per cent. Prefer all 99 101 at Buckinghamshire ........... 100 94 94 at Chester and Holyhead lOO 51 56 at Do. 5i per cent. lOO 117 119 at Do. 6 do. lOO 11C 111 at Clydesdale, guaranteed...... 100 ... at Colchester Stour Valley lOO ... at East Lincoln, gua. 6p. c 100 131 131 20 Gloater and Dean Forest... all ... a Gt. _Laski., Newm., &c., 5 p.c 100 ... a Do. E. U. Harwich, 4 p.c 100 at Dodo. Woodbrg.Ex., do 100 .. at Gt. West ,W. Mid., Herd 100 06 98 50 Hull and Selby all 110 112 at Lancaster and Carlisle lOO 210 2.5 at London and Blackwall lOO 93 95 at Do. 41 per cent lOO ... at London, Oust., 6:c., 41 p. c. 100 ... at Do. Cone. Fund, 5 do 100 ... at Loudon and Greenwich at Do. do Preference lOO at London, Tilbury, it South 100 2373 at Lowestoft, gun 4 percent lOO 83 82 at Do. do. 6 do. ... ... 51 Manch., Buxton, &Malik_ all 6 5j st • Midland, Bralford, Pref 100 94 91 10 Mid Kent Cray Line) 50 Nurtherut East., 5 per cent all 53 56 53 Do. - do. 6 do. all ... ... st N. Eastern— Hartlepool st .N.Wast. A peril. prat, 5p a IOU 107 leg st Du 1; minimum 1, p.c DU ... ... st 1S ottinz. Si (Antall:. 1L.,5.: U IOU 91 93 25 Preston and IVyro. all 44 46 ... Royston, Ditch., and Siicp. lOU 112 134 st Shrewsbury and Hereford 100 1:11 134 1U Do du 8 2 2ip st S. Yorksh. and Riv er D un 100 96 Vs st Da 4 per cent guts IU i 78 Si) st Do 5 do st Vial. Station and Pimlico lOO 175 1f 0 3t West Cornwall 20 West Loudon, Class A all 13 14 20 Du do B all 20 Do do C a ll 61 ... : et Weymouth and Portland lOO ... ... st Wilts and Somerset DOCKS. st East and West India lOO 122 124 fit Loudon and St. Katherine lOO 44 46 100 D oDeb. stock, 4 per cent all 111 Freehold Land at Dock lOO 26 60 st Southampton lOO 74 76 at Surrey Conii4.)roial TELEGRAPH COMPANIES. 10 Anglo-American Tel.,lim all 2ti 224 7,2 i a I 10 Anglo Mediter Tel., lint.... 10 12 121 121 4 st Atlantic Telegraph lO 23 k b st Do. 8 per cent. st B. and I. Magnetic Tel., lim lOO 153 16.1 st Electric & Inter. Telegraph 100 23,i 240 10 Do. New 8 9 Ilp 25 Indo-European Tel., 1im...• 10 ... ... 5 Load. Provincial Tel. lint all 2i 3 1 Do. Prefer. 10 per cent all pr ip 10 Mediterra,. Exton. Tel., lint all 34 3 , 4 25 Router's Telegram all 45 a 474 , 20 Societe Transatlant., lint l4 21 1 i at Submarine Telegraph 1 Do. Scrip all 1 1 i 20 Telegraph Con. & Main.,liin all 17 1 7 1 SU. Kingdom Tel. Co., lim all 5, A 5 Do. 10 per cent. Pref all a 5 p 311 - S - 6 7 EL 1---,01/1. ---- all IF.I 161 25 Australian Agriculan'al ••• 201 1 -,4 1,,g 23 Australian Murt. Land and finance, lint. 10 Baugarah Tea L , .. 'states lint. 9 7 ha 10 Berlin Water 10 Anglo-Mexican Mint Works, lint all 11 11 Ili 10 Do. New 100 Bolckow Vaughan, lint. ••• 3 0 9 11 5 Bombay Gas, ban. 5 Do. New 4 1; id 5 t British American Land 4l 15 17 20 British Indian Tea, lint— all 2/ 31 20 British Ship Owners 20 Canada CumpauY all 66 7J 10 Canadian Loan and o .._... _ Invest mont,2o Ceylon Company, lint. 20 Do. A shares 10 City Discount, lint p 25 City of London ltas,l r 0 - lint. party, lint ................ .: ...,,, t , 30 City of Milan Improv. I nn all 6 . 6 4 23 50 City Offices, lint 50 Colonial, lint. Gas, lint all 20 3 2 City p of o. M05c0w ........ .. 224 ... ... 10 Company of African Mer chants, lint. .............. : 20 Continental Union Gas, hm all ,01 2 ,4 25 Copper Miners of E . u.rland, prof 75 per cent. London all 5 7 50 Commercial, 'Juion (Assur) 5 i i p 100 Corporation of 1877, 44 1 per cent. all 1031 1011 100 1041 1033 100 Do. 1882,44 pet cent. all 1031 1011 10 Credit Fon. of England, lint. all 2i 3 2 13-16 50 Credit Fon.of Mauritius lim lO 31 21 tl Bonds, ds, st Crystal Palace 1879, 4i per cent all 100 1J 21 st Do. Preference lOO 9 - - , 101 st Do. Gp. c Perpetual Deb lO9 108 112 10) 20 Darjeeling, lint.all ... ... I 0 Eastern Assam, lint. .d N East Indian Land Credit and Finance, lint. 20 East India Irriga. & Canal all 32 Ebhw Valo Steel, Iron, and Coal, lint. 100 Egyptian 9 per cent. V'ruy. GILL by Egypt. Gov all 941 951 94 i 1 20 Egyptian Corn. & Trad. lint 6 .. .. 3 Eng. & Austral. Copper, lint 21 13 English and Foreign Credit 71 41 3;il 100 Eng. and Scot. 11 :trine, lint. 8 ... ..• .a 10 Fairbairu Eugineeriu; 20 Fore-strcet W3reho use, Wu l2 1 liP 100 For. C Cul. Gov. Trust and Loan Scrip, issued at 485 all 37 88 861 50 Gallivant, lint. .................. 20 ... ... 10 General Credit & Dis., lint. 71 1/ 11 15 General Steam Navigation 14 28 30 50 Home & Col Marine In. lint. 5 2 -id 10 Hong Kong and China Gas all ... ••• 9 1 20 iludson'l3 Bay 20 Imperial Land Co. of Mar seilles, lint. ........... 20 Intorno,. Land Credit, lift. 6 6 4 d 50 Italian Laud....,, 6 ld p 20 "Italian Irri. (Canal Cavour) all 3 3 4 100 Do. 6p. c. lids., redeem 1870, issued 90.,, • ,, . all 66 61 68 50 Land Securities, Ilin .. .. 25 London African Trading lO 7 5 1, 25 Lon. & Caled. Marine, Inn. 6 ••• •••" 10 London County Land and Building, lint. 50 Lond. Financial Asso., litu 30 22 21 4 Lond.Gen.Ornaibus.oo.lim. all 2 21 2 1 50 Lond. and Glasg. Engin eer and Iron Ship, Una .. . 25 21 164 20 Loud. & Provincial M . a . rin . et Madras Irriga. &Canl. Gina.s p. c. by Indi a Gov. ..... 100 102 103 10 Mauritius Land, Credit, and Agency, 1int.....,, 11 5 Id ......... 50 Merchant Shippin g . , lim, ... all 33 38 60 Millwall Iron works, lint, 121 lO Natal Land and Colonisa- ••• ••• tion Co., lint. .. 9 51 414 25 National Discount Co., Hui 5 111 114 111 i 25 National Prov. Marine, lint. 4 4 3d 10 National Steam Ship, lint. all 9 1 10 1 20 Nerbudda Coal & Iron, lint, 6 33 3d 10 New Consolidated Dis. lint. 3 14 lid 5 ism Quebrada, lint... :,•• .4.4.0 4 4 4 25 New Zealand L oan & Dler. cantile Agency,lim . 2l 1 IP 25 New Zealand Trust d Loan, lim. ........ .. 5 14 11 10 Northern Assam T . e . a.....ii . M . 7 5 Do. B . ' --• 510 ............. all 9 8 st North Brit. Austral , lina,,. 100 43 51 50 North Brit. & Merca.n. In , 64 9 191 25 Ocean Marine (Insurance) 5 12 1 50 Oriental Financial, lint • • 8 5 Oriental Gas ' • lim .. ...... 5 Do. New all 5 1p 1 10 Otago and Southland In vestment, lint.. , ' 2 id 11 3 5 Ottoman Gas, li ra 10 Panama, New Zealand .. ..ad Australian R. Mail 1' , trn all • 5 Do. d o "' ....... all 0 at Peel R. Land &Mi lint nerl, lOO 31 34 50 Peninsu. & Oriental Steantall 48 50 49 50 Do. New 18 67 .. 10 144 oi 50 Rhymney Iron ....... all 22 24 15 Do. New ............... . ............. all 6 1 7 25 Rio de Janeiro City 'in ji 181 19 18 17i 1 zu. all • 20 Do. Gas lirn . all 24 6 100 Royal Mail Stearn' ..... • 60 42 45 at Scottish Aust. Invest. .... 1* .... 83 8 i st Do. 6 p. c. Guar.l.'un. I°o 20 Societe Fin. d'EgYpte lint.. ref. 100 ••• ••• 10 7 63 20 Societe Gen.de l'E i • Ilptre Ot 8 2' St 50 S. African Mort. & i nv. 1 . • 4. 25 South Australian I.a,na un'• • all 34 36 20 Thames and Mersey Marine (Insurance), lint., 20 Trinidad Petroleun;', ii i . ); 10 Trust & Agency of Aus ,lim 184 ... ... 10 Do do. ' do. 1 I P 21 all 20 Trust & Loa.n Co., U. Canada 5 *** *** 50 Union Marine L'pool, lina 5 l i 1 11) 20 Union Steam Ship, lim ...... all 22 24 P 15 United Discount Corp., lin t , 11 id 20 Universal Marine(ln.), lint. 6 14 2 n 10 Upper Assam Tea, lint ~ all 14 2 - 30 Van Diemar's Land ......... 281 6 7 00 Viceroy of Egypt, 7 per cent. 50 Warrant (M Fiortganant g e, e) lim. Loan... all 771 781 781 87/ 50 West India and Pacific) 12 12 10 c 1 Steam, lint 2O 2 20 Wost London Wharves and Warehouses lO ... COLONIAL GOvzitlimmar SECURITIXS - British Columbia, 6 per 0ent.,1872.• • - Do. 1895- l5O - -. - Ca.u.Gov.6 p.o.Jau. , dc July 1877-84 101 100 I - Do. 6p. 0 20.45 c Aug lOO 10.4 1(4 - Do. sp. o. Mar. & Sept lOO 102 104 - Do. 6p„ Jul „a 89 8j 8 - Do. sp. c. inscribed sk y - c a p e (.Hope, 6 p. 0.1873.• 100 1 02 104 - Do.Apl.Btool 1890-19 00 " 100 111 113 - Do. do 1880-90 lOO 107 Lou - Do. Jan.&July, 181 •••• 100 108 lie - Do. 5 per cent. 13 April and 15 Oct., 1 900 .. 100 1)3 lO - Ceylon, Nov 187 8 , 6 p.e•.. 100 108 li2 - Do. 1872, do - 100 105 107 - Mauritius, Ip. 0, 1 873 •• - Jan. cud July ........ 1.).0 104 106 - Do. 1878 ~. ...... .. . ... 1.1.) I , n ~.r ‘ - Do. 1882, May and N( • .. 00 10 ', ..r. - Do. 1825, Feb. h. A.IIE. • - 10 1, 8 " 1 ,7 - Ihibourn . Corporatn ~. - 1667-75, 6 per an' , •..1( 0 100 10) - N. 1.1.6 ov.(; 1 ).c..1a.& ,1111 Y - 100 1 03 1,4 7 " DN N : u tt s a ls. l pw e e.. p s3pi r t.,c,y.A, &,/ -, 1 1 11 , 1 t t00 () ,, c 7 t . 1 .... 110 0 -- 0 ) 19 I. 1 116 103 -• Do. 5 p.c. 18 88 to 18 . 9 e-• 100 1/81 904 931 i / - Do. 5 p.c. rd.'67 to 'i S.. - N.Zealand, 6p. ct. itol.. ICO ,_ ...... - Do. 5 per cent.... ..... 110 DoJandtp 1,.1u:y, 0 t.•• 11,0 93 14 041 54 i - Do 6p c. Mar & Sept 'Ol.. 11:0 IJB 110 - Do June & Dec , 1.01 •... 100 log iii - jDo Prov..,lAuckid. 1 1(0 - ( k(rieg let 2, LNG - - - Nova Scotia 6p. o.Jas... - and July, 1875 ........ 190 la 103,• - Do 18t6.• •••• ....... 100 1.2 104 Queenslnd. 6p. c. '825- 100 ~ 1 ° 7 4 118 3 1071 61 - Do !Wit - Tasmanian 6 per c. 1803 • • 1 ( 01 1074 - Do .59, 2 97 . -... ...• 10 0 116/ , 0 7 - Victoria 6t er cent. isvl 1( 0 11 3 /14 - Do. April and Oct •..• sa 1 00 100 110 ] 0:1 - • TRADE .AND FINANCE. The week opened quietly enough from a financial point of view. On the publication of the Bank return, how ever, it became evident that the position of affairs was far from satisfactory. Notwithstanding the rise of per cent. in the Bank minimum, which now stands at 4 per cent., there is a general belief current that the rates must still go higher. We pointed out some shoat time back that any considerable advance in the rates of discount must lead to heavy sales of stocks and kl.arcs, as, owing to the low rates that have so long prevailed, large amounts of securities, especially of the more speculative class, have been locked up under advances from the banks. Accordingly a panic has ensued in the Stock Exchange, and large amounts of stock bad been forced upon the market. Some of the most specu lative securities have given way from 2 to 3 per cent., while Five-Twenty Bonds, in particular, have been pressed for sale at a fall of about 3 percent. The banksare in a great measure to blame for this state of things. For a long time they have been upholding the most rampant speculation, but n-) sooner does money threaten to become at all strin gent than they make as early arrangements as possible for calling in their loans. It may well be doubted whether such advances are within the legitimate range of banking operations, but there can be no hesitation in denouncing them as morally wrong, as fostering speculation in the very worst class of securities. The reason of the sudden movement in the money market is somewhat obscure, but the immediate cause of the advance in the rate is the fact that a large amount of capital has been taken out of the open market, in conse quence of the rates there having been for so long a time past so considerably below the Bank rate. The Bank is now in a stronger position than the open market, which is a most unusual state of things, and can afford to dis count at a charge below that of the general dealers. Such a state of affairs, however, will soon rectify itself, as a further rise in the official minimum must take place almost immediately. Without doubt, the present condition of the United States has had a considerable influence upon the market here, and considering the near connection into which the two markets have been brought by the telegraphic system, it is no wonder that they should act in unison. Putting aside the state of politics, which very probably are much inflated too, there is no doubt that the financial condition of the States is very threatening. There was an adverse trade balance against New York alone on the Ist of April last of upwards of 40 millions of gold dollars, and when Baltimore, Philadelphia, and Boston are taken into account, the results will prove still more gloomy, To this must be added the liabilities that the United States may be called upon to pay, should anything occur to provoke distrust in the American Government, or any difficulties arise out of the Alabama claims. It is scarcely possible, however, that the Americans would commit themselves to such a suicidal act as some of their stump orators threaten while the finances of the country are in such a distressing condition. We are aware that a large portion of the indebtedness above referred to has been paid for by the heavy exports of Five-Twenty Bonds in response to the European demand ; indeed, it is this demand for American securities which has caused the inflation of trade. Unfortunately this is not the worst of the case. While the stock of dry goods in America are everywhere large, the ability of ete people themselves to purchase has been much curtailed. The difficulties arising from a depreciated currency and a fluc tuating gold premium, and the high prices caused by a pro tective tariff have restricted trade to an unnatural degree for years past, and the profits of the traders have been very small. Consequently these excessive imports will have to be disposed of at a loss, and a collapse will be the probable result. Never theless, there is no imputation to be cast upon the credit of the American Government beyond the fact that the suicidal tariff is one of the main causes of the present mischief. A collapse in trade, however, must have a prejudicial effect upon the United States Treasury, and the position of the Government is, therefore, not likely to improve. A somewhat curious case has, says the Manchester Courier, been sent by the Manchester magistrates to the ses sions. Three years ago a firm of brokers in this city lost £548, stolen from a drawer which was forced open. Ti e ether day a young man, fo►merly in their employment, ten dered a £lOO Bank of England note as a bet deposit. This was said to be one of the lost notes stoiped at the time of the robbery. He had endorsed it with another man's name. The defence was that the prosecution bad failed to prove that the note was part of the stolen property. The magis trates committed the prisoner, refusing to accept bail. News from Hanley hits been received of a most lamentable affair. On Friday, Mr. Langley, a gunpowder agent, sent five hundred-weight of gunpowder to Mr. John Esprey, colliery contractor, near Newcastle. The carter placed the powder in the coach-house, and went to tell a person named Epsley, who arrived within . 10 minutes. Mrs. Epsley fired the render, which totally destroyed the build fag, and she was herself buried in the ruins with a beam over her chest. She is still alive, Lut frightfully injured. Do mestic unhappiness is assigned_ as_the cause of the commis elm of the rash act. A man passing at the time wasinjurel on the baud ttlaigkt3A to? the infirmary. "'a' 1? .(.E7 S-2 MS D..IY LIVERPOOL COTTON MARKET. May 10.—Sales probably 7,000 bales. The market MARK LANE. At Mark-lane this morning there was a fairattendance of the trade. The demand for English wheat was steady, but not active or excited, and factors had nu difficulty in placing their samples at fully the extreme rats of last last week. In foreign there was rather more doing, and and here and there is per quarter more money was paid for fine samples. NEW SMITHFIELD AND LEADENLIALL. Tho dead meat trade is steady at former (potations Beef, 3s 10d to 5s 4d ; veal, 4s to os ; :Dutton, 4s 6d to Gs ; lamb, 5s 8d to 7s 2d; largo pork - , 4s 6d to se; ; small ditto 5s to 6s per stone. SHIPPING INTELLIGENCE. ---- GnAvEsExn, Monday Morning. Wind S.: cloudy. Arrived, May 9.—Margaride, from Sines; Katharine von Calcar, from Groningen; Diana, steamer, from Amsterdam; Echo, steamer, from Calais ; Priscilla, from Poi t Natal ; Truaut, frem St Kitt's ; Admirrl P. lordonstm, from Dram; ukko, from Jamaica ; North Star, steamer, from Christi ania. Arrived, May 10.—Furet, from Gravelines; Moselle, steamer, from Havre; Fyenoord, steamer, from Rotterdam Dolphin, steamer, fr3m Antwerp ; Panther, steamer, from Boulogne. Sailed, May 9.—Livoaia, steamer, for Malta. DEAL, Monday Morning. Wind, W.S.W., moderate. Passed, April 9.—Murillo, screw steamer, from London, for Ilavre. Anchored—Agincourt, from London, for Rio Janeiro Rescue, of Guernsey, from Shields, fur Bayonne. Foreign Mail Packet List. MAILS DUE. o.ustralia and New Zealand, via Soutbampton.....May 22 Ditto, via Y Arseilles May 17 Brasil, Buenos Ayres, and Monte Video Jane 4. Ditto, by French paoket Cape Verde, by Brazil packet ...... Cape of Good Hope. Ascension, and St. Helena !Say 13. China, Penang, and Singapore. via Southampton May 11. b tbra tar, vla Socthampton India, via Southampton vitt% via Marseilles Malta, Egypt, &o. ......... May 15 Ditto, Marseilles May Newfoundla t c ...... ....... M a y 19 Mauritius, Cape of Good Hope, and Natal, via Southann ton Ditto, Marseilles ~ May 9 Portugal United States, Canada, California, &c., by British packet Ditto di tt ( Baltimore) Ditto, by t nited States packet Ditto, by Inman packet May 12 West Coast pi Africa. Madeira, and Teneriffe May 17 Ilsha:nas, via New 1 ork Went Indies and P.L:dfic ;except Mexico and Itaha- mas) Cuba and Mexico Bermuda, via Halifax May 14 .........May 29 • * . .. June 2 CROQUEL—An excellent pocket gni k to this favourite game has just been published by the Messrs. De la Rue. It is by "Cavendish," the author of " Whist," r.nd is intended to supply hints for arranging and playing the glme, and also for the purpose of determining ques tions that may arise in the course of play. It may ba car - tied conveniently in the waistcoat pocket or the card case, and its price will not prevent its . use from becoming ge neral. Th 3 3d Royal Surrey Militia, consisting of 21 ellicers, 848 men, 18 soldiers' wives, and 39 chil dren will proc,ed from Kingston to Aldershott Camp, for training, on the 21st instant, and will be quartered in the Centre and West Biozks, Per manent Barracks. The Royal Marine infirmary adjacent to thelbar racks at Woolwich is to by handed over to the War Department on Monday next, with the same cere mony as was observed on the occasion of deliver ing up the barracks on the 31 inst. by Lieut.- Colonel Paisley, of the Royal Engineers, Super intendent of Works, Chatham Dockyard. It is rumoured that the infirmary will not be appro priated as heretofore, but that the building will be turned into officers' quarters, &c. A suggestion was made a short time ago, when the Duke of Cam bridge paid a visit to Woolwich fur the purpose of making au inspection of the barracks and infirmary, that the building should be the general hosiital, being adapted in every respect for that purpOd, by its proximity to the several barracks and Government establishments, as well as its healthy situation. Her Majesty's armour-plated coastguard ships Black Prince, 41, and Valiant, 24, arrived on Satur day in Plymouth Sound, where they discharged their powder. Yesterday they were taken up klamoaze. The Valiant will to-day be docked in Keyham steamyard, and the flack Prince be placed alongside the jetty at Devonport. The following appointments were made on Satur day at the Admiralty :—Lieutenant 0. H. Parker, Lieutenant Harry T. Grenfell, and Lieutenant Samuel A. Johnson, to the Excellent ; Navigating Sub-Lieutenant Herbert Roxby, to the Liverpool ; and James T. Daly, midshipman, to the Liverpool. The following assumed names have been registered : Mr. Grey, Mr. Ra.weliffe, Mr. Planet, Mr. Blair, and Mr. St. James. FORMIAM.—This jockey, whose connection with Lord Calthorpe's colours has been a brilliant series of successes, was put on £BOO to nothing on Knight of the Garter for the Chester Cup by Captain Machell. We hear that Mr. Merry has been in treaty with no fewer than three jockeys, in order to be secure of an effi cient rider for Belladrum in the Derby. It will be no ticed that J. Snowden, who role Blair Athol in the Derby and Leger, has worn Mr. Merry's colours during the Chester week. Vnums.—This mare left Ilsley on Monday last for Mr. Bennett's own place, and she is not likely to run again. CHESTER RACES, 1870.—At the meeting of the Grand Stand proprietors, held on Thursday, under the presidency of Sir W. Wynn, it was resolved to give £1,900 as added money to the races next year. The following noblemen and gentlemen have consented to act as stewards of the meet ing:—Sir W. W. Wynn, Bart., M.P., Prince Soltykoff, Lord Calthorpe, Lord Stamford, Lord Westmorland, Sir R. Bulkeley, Lord Coventry, Lord Wilton, Colonel Fores ter, Captain Rachel!, and Mr. G. Payne. . - LETTING OF THE REFRESHMENT Rooms AT DONCASTER GRAND STAND.-011 hursday last a meeting of the race committee was held for the purposp of letting the refresh ment rooms at the Grand Stand for the Spring and Sep tember meetings. It was resolved that the refreshment room should bo let to Messrs. Bower and Mignott, of London, for £4OO, with an additional £5O for the new stand, if erected. SYDNEY EDGAR Slum AGAIN.—At the Miingham (Kent) petty sessions on Thursday, the notorious S 3 dney Edgar Smith, who hails from Portland House, Barham, near Canterbury, was convicted in a penalty of £5 for keeping eight greyhounds without having licences for the same, and the excise authorities, who prosecuted, said they "wanted" this fellow, having a judgment in their hands against him for the non-payment of racehorse duty. The Duke of Hamilton, it would appear, has resolved to abandon racing in France as well as to retire from the Turf in England, the sale of his Grace's French stud being announced by 11. Salvador. Cheri to take place at the mart in the Rue de Ponthieu on June 2, the day before the sale at Tattersall's. THE CHESNUT TREES IN BUSHY PARK.—Regularly with the return of spring comes the announcement that " the Chesnut trees in Bathy Park are now in full bloom;" and those of our readers who have never seen the magni ficent avenue facing Hampton Court palace should betake themselves without delay. THE 15TH HUSSARS FLAT RACES AT YORK.—The offi cers of the 15th Hussars, now in the York Barracks, have organised several flat races to take place during the en suing week, on the linavesmire. The first is a Match, to be run on Tuesday (its onnection with the first race day), in which Mr. Briscoe tacks his ch g David, aged, 12st, against Mr. Leny's ch u, 5 yrs, list ; 200 hft ; three miles. The other races consist of two handicaps each distance two miles, to take place on Saturday next. The horses are to be the property of officers of the regi giment, and are divided into two classes. ALEXANDRA PARK HACES.—These races, which were inaugurated with so much éclat last season that upwards of £9,000 was on dit cleared by the undertaking, have been abandoned, for this season at all events, after extraordi nary expenditure in building the Grand Stand and making the course. It is rumoured that the Zoological Society , who must shot tly leave their present " local habitation' in the Regent's Park, aro endeavouring to purchase the Alexandra Estate at Muswell Hill for the ordinary collec tion of their animals and reptiles. !ADVERTISEMENT:I—HoIIoway's (lament and Pills.— Complication of Diseases —Ulcerations, abscesses, swollen glands, and o her disorders arising from unseen and un suspected causes, may be cured by the use of this excellent ointment, aided by Holloway's purifying pills. The printed instructions in which the remedies are wrapped are suffi ciently explicit for the guidance of any invalid with mode rate intelligence. Holloway's medicaments can always be used with advantage and without danger. For more than a quarter of a century they have proved themselves to be a treasure to the poor afflicted with disease. Both the run t ment and the pills are especially advted for military and naval men, colonists, and travellers, who cann ot everywhere obtain medical assistance, but may always s uccessfull y doctor themselves Nlith Holloway's remedies. .••••• - : 1 i URI) EDITION SUN OFFICE, 7 O'CLOCK. TAT l'l ii. Evening. GREAT NORTHERN HANDICAP. sto 2 agst Paul Jones (taken and offered) sto 1 agst Lord Hawthorn (taken and wanted) 6 to 1 agst FOrtunio (taken) 7to 1 agst Honesty (taken and offered) 7to 1 agst Tbison d'Or (taken and. offered) 10 to 1 agat Ilexica (taken) DERBY. 2to 1 agst Pretecder (taken and offered) 4to 1 agst Pero Gomez (takena nd offered) 9 to 2 agst Belladrnm (taken and offered) 13 to 1 agst Ladas (taken and offoreill 25 to 1 agst Martyrdom (taken and offered) 25 to 1 agst Ilyshworth (offe.ed) 1 125 to 1 agst Ethus (tt.kert) 1000 to 33 agst Rupert (offered -30 to 1 wanted). 1000 to 30 : g 4 Duke of Lioau'ort (taken end offered) 40 to 1 agst Bosworth (offered—take 50 to 1) 1000 to 20 agst Vagabond (offered) 1000• to 10 agst Herznione colt (taken) ARRIVALS AT YORK. Kellogg, Python, Paul Jones, Verity, Perfume, Iron master, Honesty, Du,cane, Guinea, La Ch.,rantonne, Orion, Fortunio, Lord Hawthorn, Vansittart, Caprera, Annie, Better Half, Fast Day, Five per Cent,. The Boy, Master Tom, EttriCk, Last Musa of SuMmer, Flora ; Haw— therndale, Emily, Middleton c, Woodbine filly, Saratoga, Geant des Battailes, Mexico, Makeless c, Lifeboat c, Caw— dor, Lady 7 holthorpe, Fearnought, and Searrington. SPORTING INTELLIGIINGB—This Dal LONDON BETTING—Tuts DAY. GREAT NORTHERN. 2 to 1 agst Paul Jones (taken and offered) 6to 1 agst Fortig() (taken and offered) Bto 1 agst Mexico (taken) 8 to 1 agst Honesty (offered) Bto 1 agst Toisin d'Or (offered) 100 to 8 agst Ploughboy (offered) 100 to 8 agst Lord Hawthorn (taken) 100 to 7 agst Romping . Girl (offered) 20 to 1 agst Vansittart (taken) DERBY. 2to 1 agst Pretender (offered-9 to 4 taken) 100 to 30 agst Pero Gomoz (take 4 to 1) b to 1 agst Belladrum (offered-520 to 100 taken) 20 to 1 agst Ethus (offered) 1000 to 20 agst Vagabond (taken and offered) 15 to 1 agst Vagabonl (1, 2, 3 (wanted) SPORTING NOTES. Sut,—The success of Knight of the Garter for the Chester Cup was a great blow to the book makers, who took most unwarrantable liberties wit't him. lie would have won with another half storm on his back. A sharp look out must be kept oa him for the Ascot and Goodwood Cups, as be is Oa very best horse in training. St. Mango met witit au accident, having been cannoned against mil driven ou to the rails, but the result would havo been the same, as the Knight never was extended. All sorts of excuses were made for Paul Jones and 2Egean, bat iu my opinion the best horse woa. "Tie Ct. y Plate is still in dispute, as the corner of Ospreyin sis's that Vespasian was struck out on Thursday, and that Capt. Mitchell's dictum about no one cLo having authority to "scratch." him must be a mis take. Sir Charles Legard, his owner, surely had the power. The 40th "Rule of Racing," having re ference to the raising of weights in handicaps, was only revised the other day ; bit them will always be a chance of a wrangle while tLe 38th rule of the " Jockey Club," stipulating than the imposts shall go up to Bst 121 b, when the highest weight left in overnight is below that, is acted upon—as it was at Chester in the Dee Stand Cup and Combermere Plate. If Vespasidn were really struck " out of Chester engagements" at 2.13 p.m. on Thursday, as the Calendar of that evening announced, then the weights should have gone up 81b, as Honesty stood second on the list at Bst 41b, and Osprey, to whose original Est the 81b was adied by his trainer's orders, was the only one the field carrying the correct weight. The Sym metry colt was a long way the best of the two yi - old performers, and placed two good stakes to M Merry's account. There will ba two days' racing at York—the Great No:- them Handicap being the principal event of the meetieg. The fi . .dd will not number above a dozen, and those most likely to furnish the winner are Paul JOIIOF, Mesic•ti Lord Hawthorn, and Fortunio, and PAUL JONES I expect to see obtain en easy victory, his most dangerous opponent being 31Extoo. Either George . 08::aldeston or Perfume will secure the Knavesmire Plate, Scarringt,tt the Union Hunt Plate, Vespasiau the Craven Stakes, and The Swift the Zetland Stakes. Vespasian and Border Knight are both in the Flying Dutchman's Handicap, aLd one of them is certain to win. The latter is also entered for the Loudosborough Cup, and will be worth followinj unless some veritable flyer turns up in the furmer race. A FRESH MAN. INPERIAL PARLIA DIENI HOUSE OF LORDS—Tais EVENING. The Low:. CHANCELLOR took his seat on the woolsack at five o'clock. Their lordships were occupied the early part of the evening in discussing the provisions of the Parochial Schools (Scotland) Bill. The debate arose on the motio:s for going into committee on the bill. HOUSE OF COMMONS—THIS EVENING. The SPEAKER took the chair at 4 o'clock. THE MAYOR OF CORK. Mr. MAGUIRE gave notice that on the motion for th 3 second reading of the bill he should more that the order for the second reading be discharged, and the bill withdrawii. FRENCH . AND BRi I PISH SHIPPING. Mr. BRIGHT, in reply to Mr. Candlish, said it was true certain distinctions were at present made with respect to the payment of pilotage dues, but it was proposed on the Merchant Shipping Act to consider the subject with'. a view of ascertaining whether the distinction cannot be removed. THE CASE OF MR. GREEN. Mr. MONSELL said the matter relative to Kr. Green, who had been colonial chaplain for many years, Dr. Colenso, and Dr. Gray, being in a very complicated state, the noble lord at the head of the Colonial Department would consult the law officers of the Crown before tali:ins steps in the matter. THE PATRIOTIC FUND. Mr. CARDWELL said the patriotic fund commissioners reported through the Secretary for War, and when their report of the matters they had been investigating was complete, it would, of course, be sent to the Secretary for War, and he would at once products it if it was requisite. With respect to the defalcation, which amount9d to between £2OO andX23o, directions had been given to prosecute the clerk who was chargel with the defalcation. THE EDMUNDS' SCANDAL. Mr. AYRTON, in reply to Mr. Bentinck, said that Mr. Edmunds had transmited a book purporting to be a history of the Edmunds' scandal to the Treasury, with a desire that the document might be recorded, but the Treasut was not the department charged with the duty of record ing. If Mr. Edmunds desired to have his history record. d he had better find out souse other channel than the Trem ry su. Mr. BENTINCK, gave notice of his intention on an early day of calling attention to the subject, and concluding his statement with a motion. CRIME IN IRELAND. Mr. C. FORTESCUE, in reply to Lord JOHN MANNERS, said there was no possible effort or exertion that was nut being taken to put down the shocking state of things th,i disgraced certain parts of Ireland. With respect to legis lative measures, the subject was surrounded with enormous difficub les, arising principally from the difficulty of procur ing the evidanue to insure a conviction. He could assure the noble lord the Government were using every means in their power to meet the evil, and, amongst other things, they were considering the best mode of rendering t :ie power of the Lord-Lieutenant more extensive aud effectual. THE INCOME TAX. The CHANCELLOR of the EXCHEQUER, in reply to Mr. Miller, said he had discovered the memorial to which reference bad been made the other evening. it had be •ti sent by mistake to the inland Revenue Ofiioe. With I spect to its prayer, altering the day for collecting the tax, there would Le great inconvenience if the day original:) , fixed was altered, and on the other hand it was said gr.,t inconvenience would arise if it was not altered. However, it seemed to him that the lesser inconvenience would ue caused if the original arrangement was adhered to, und therefore he thought it best to let matters remain as tboy stood. ORDERS OF THE DAY. On the 'notion of Mr. GLADSTONE, the orders of the day were postponed until after too notices of 'notion relative to rauperizm and Vagrancy and the Courts of Justice New Site. THE NEW LAW COURTS. Mr. CRAUFURD wished to know if the right 11, , n. gentleman the First Commissioner of Works would state d? how much the new proposition would cost, and at wh.kt hour he would bring his motion forwar Mr. LAYARD said he woul d ho prepared at the proper time with the details of the motion; but with respect to the hour at which the motion would be submitted to the house,that of course w ould de p end on the motion of ti: e l i o i T.IE IRIS H • CHURL II BILL. l. iicalber opposite (r Corrauce), In reply to an lion. Member, Mr. GLADSTONE said it would be of the highest im portance to proceed with the bill as rapidly as possibh,, but he would rather not pledge himself to any particular exist t i h n e g n rose state o a f ad pa called the the al a id tte ,:f v ntion arrangeme nt until after the morning sitting to-morrow. PA UPERISM AND VAGRANCY IN ENGLAND. the li h r o . house to CORRANCE the in England, and the principles upon agrancT which the poor laws were tit present administered. [LEFT kPEAKING. 1 t the day, 2150. of be were m of lilies, ,nded :erior inder meet- up rs by Larles kris) ; as 5 d as a o 50. dote. the of tin g„ rthy, )erial :once, And ttee, e the ation but the ption to be Bill ut it Icr want the t daY Lord neat b 0 aep t the , are )001 ril'i t ac- rt/ .. t i ' o ag° vorl‘ len' 1341' 01 0 S° l 00 i