The Sun. — London, England, 1865-08-07 00:00:00

I POLICE INTELLIGENCE.—This Day. MARLBOROUGH-STREET. UNPROVOKED Assiwrrs.—George Hammond, a shoe maker, residing in Cetil-court, St. Martin's-lane, was charged before Mr. Tyrwhitt with assaulting Mr. Arthur Emma, son of Mr. Emms, a pork butcher residing at 35, Riding House-street, and also with . assaulting James farmer, in the employ of Mr. Emms. Mr. Arthur Emms said that on Saturday night he went to the door of his father's house, 35, Riding House-street in consequence of the prisoner and some others making a great noise. He requested the prisoner to go away when he gave him a violent blow in the mouth, and then ran away, but ho was pursued and given into custody Mr. John Henry Emms, the complainant's father, said— O n going to the door to request the prisoner to leave and not interrupt his business, the prisoner struck his son and threw him down. James Harmer, in the employ of Mr. Emms, said that while' following the prisoner, he turned round suddenly, struck him in the stomach with his head, at the same time throwing him over his back on his face and hurting him a great deal. Police-constable 49 E corroborated the last witness. Mr. Tyrwhitt fined the prisoner 40s. or a month for the assault on Mr. Emms, and 20s. or 14 days for that on farmer. MONEY MARKET AND COMMERCIAL INTELLIGENCE, TWELVE O'CLOCK. The Money Market continues quiet, the demand being no ?I of a moderate character. The rates out of doors are 3 4 per cent. - Sixteen thousand sovereigns from Portugal were taken into the Bank on Saturday. The report of the London and Lisbon Corkwood Company, to be presented on Thursday, states the available toal at £3,219, and recommends a dividend for the half year at the rate of 15 per cent. per annum. The Company have acquired extensive forests in Algeria, and samples have been received therefrom. The accounts from the various manufacturing districts have generally been satisfactory during the past week. At Manchester there has been a fair demand for goods suitable to hbme requirements, although only moderate transactions have been re corded for exportation. The woollen trade of Leeds, Bradford, and Huddersfield has been season ably active, while the demand for lace and hosiery at Leicester and Nottingham has been steady. At Birmingham, Sheffield, and Wolverhampton there has been a slight improvement in most departments. At the annual meeting of the Royal Insurance Company, the report on the life business was of an exceedingly gratifying character, the sum assured on new policies effected in 1864 amounting to the al most unprecedentedly large sum of £1,014,897, and the premiums thereon to £32,708. Large as were the operations of the past year, however, the results disclosed in the able bonus report and elaborate " appendix" of Mr. Percy M. Dove, the talented actuary of the company and well-known mathema tician, eclipsed much of the interest that would otherwise have attached to them. The Royal, in completing its twentieth year, completes also an other quinquennial period, and it; liabilities and assets have undergone a minute investigation, and been valued on the safest and soundest princi- Pies which experience has determined. After show ing in his report how rapidly the company's business has extended in the five years just closed, Mr. Dove states that the amount of surplus profit realised in that period is no less than £168,985. Of this amount he, for convenience, takes an even sum, £ 1 65,000, and after appropriating one-third to the Credit of the proprietors, the remaining sum, it ap- Pears, "is sufficient, even though the interest of m oney should only be 3 per cent., to provide a rever -B,i°nary bonus of £2 per cent. per annum to be added to the original sum assured of every participating policy effected prior to 1863." This, we need hardly Say, is the largest continuous bonus ever declared by any other office, and this fact of itself is the best Proof that can possibly be given of the careful Management which has all along characterised the Progress of this gigantic insurance institution. The appendix " to the actuary's report consists of 48 Pages, and gives the minutest particulars as to the affairs of the company. It would save much disap- Pointineut if this practice were followed by all asso ciations that transact life business. Those who do not, however, are always open to suspicion that their af fairs are not satisfactory, and hence they run a ,gl'eat risk of being eclipsed by an office like the Istoyal, whos e grea t desire seems to be to keep t ile public fully informed upon all matters of detail as well as of results in the aggregate. Were this not so the Appendix would not have been Published. For the first 15 years of the company's existence the net premiums received, after deducting 12e-assurances and returns, amounted 10 £332,903, ln the last five years £543,025, the difference being £ 2 10,032, showing the amount of the last five years ' to be no less than 63 per cent. in advance of the Previous 15 years. The expenses, including com saisaion and every other charge, are gradually diminishing. In the first 10 years they were 14.8 Per cent., in the next five years 12.75 per cent., and in the last quinquennial period 11.98 per cent. The Claims have been remarkably favourable. In the first 10 years they were 32.75 per cent., the follow ing five years 3F7, and for the last five years 33.39, while for the whole period of 20 years they were 32 . 9 per cent. di the premiums received. The rapid growth of the accumulated funds is another evi dence of the soundness of the company. At tho c lose of th e l as t fi ve y ears th e y amou nted to the lar ge Sum of £571,046, being nearly 70 per cent. a bove the total accumulations of the preceding 15 r ears, and more than five times the sum accumu lated during the first 10 years of the company's Progress. The total accumulated funds, including all departments of the business, together with the paid-up capital, now amount to £1,160,649. In t he fire department the Royal has advanced still tore rapidly than in the life. The fire pre- I/limns in 1864 were £406,403, being larger by X 6 4,736 than those o f the preceding year. The losses, however, were heavy, as they have been in all similar companies, and, as a con sequence, no profit was made on this head ; but, of course, the results of fire insurance must never be taken by single years. It is satisfactory to find that although in eight years there have been two exceptionally bad ones = the past, and the year 1 861, when the large fire in Tooley-street occurred --yet that over the whole period the Royal has realised on the fire business a very handsome profit. In one year alone, 1863, the profit was £83,000. r r ilere is then no cause for complaint, but every reason for congratulation, and it is to be hoped that kr. Dove, to whose Herculean labours this corn- P li ny is so greatly indebted, will long be spared to guide and conduct its affairs, and that, with the ass istance of Mr. McLaren, the sub-manager, and be Other officials, it will go on not only as pros perously as hitherto, but, as there is every indication Its doing, still more prosperously. Two O'CLOCK. &t the P ar i s B ourse thi s morn i ng , accor di ng t o P outer's a telegram, the 3 per Cent. ltentes were 05 e. Firm and animated. The English Stock Market has continued in a ' Cr y inactive condition all day, but prices have nevertheless shown much firmness. Consols are 1 11e ted 89i 90 f or money, and 90i for the account. nlNew Threes and Reduced Annuities are 894 ; 4 per Cent. Certificates, 99i. s V ery little business has been concluded in the I °r eigri Market, and prices have been without the L'ilghtest alteration. Turkish 6 per Cents., 1862, a d . e 72 i ; ditto Consolides, 494 50 ; Mexican, 23 i; 210 /slew, 22i 23k; Greek, 204 21; Spanish Passive, 4 81 ; ditto Certific a tes, 13f ; Italian, 63/ hd Confederate Loan, 7 8. e The preference shares of the Atlantic Telegraph of t ",PanY excite general interest. In the early part theytne day a decline took place to 2i dis., but have since recovered to 2i dis. __ln th e R ailway Share Market there has been evherYan litt le animatio n , and prices have shown no h av g° of impedance. North Eastern (Berwick) e declined 10s. and Midland ss. ; while North Western have improved 55., and Great Western ss. The Foreign and Colonial lines show no change of importance. Bank and Miscellaneous shares are inactive. but generally sustain previous quotations. Union of London are dealt in at 523 s ; London and County at 75f ; National Discount Company at 15/ ; and Royal Mail Steam at 115 116. The following are the current quotations of some of the principal new undertakings :—Hop and Malt Exchange, 3 31 pm. ; Marseilles Extension Railway and Land Company • (Limited), 11 2 prem. ; Northern Assam Tea, par 1 prem. ; Chubwa Tea, par 1 pm. ; Russian Iron Works, 9 11 pm. ; London Bridge Land, 1 4 pm. ; Albert Bridge, 1 11 prem. ; Downs Docks, 11 11 prem. ; Massa Carrara Marble, 2 21 prem. ; London Quays, dis. ; British India Trust and Agency Corporation, 1 11 prem. ; Overend, Gurney, and Company (Limited), 2 21 prem. ; International Sugar Re finery, I- 11 pm. ; Hodges' Distillery, 1 11 prem. ; General Exchange Bank, 21- 21 prem. ; Anglo Greek Steam Navigation Company, 11 21 prem. BRITISH FUNDS—CLOSING PRICES. GOVERNMENT FUNDS. 3 per Cent. Consols Do. Account, Aug. 8 B9i o per Cent. Reduced B 9 IL New 3 per Cent Bl New 2i per Cent. Jan. 1894 Do. 5 per Cent. Jan. 1873 Annuities, 30 yrs, expire sth Jan., 1880 Do. for 30 yrs, expire sth AprillBBs — Do (Red Sea Telegraph), Aug., 1908 — Exchequer Bills, £l,OOO, 3 & 3i per Cent — Do. £5OO Do. £lOO and £2OO — Bank of England Stock, 51 per Cent 2471 50 Do Account ' — INDIAN GOVERNMENT SECURITIES. Indian Stock, 10 per Cent., AprillB74 220 Do- Account Do. 5 per Cent. July, 1870 Do. Account Do. 4 per Cent., Oct. 1888 Do. Certificates Do. Enfaced Paper 4 per Cent — Do. 5 per Cent., Jan. 1872 Do. 5i per Cent., May 1879 — Do. 4 per Cent., Aug. 1866 — Do. Bonds, £l,OOO — Do. under £l,OOO FOREIGN FUNDS—CLOSING PRICES. Austrian Bonds, 5 per Cent, 1859 • Brazilian 5 per Cent — Do. 41 per Cent., 1852-58-60 Do. 1863 — Buenos Ayres 6 per Cent Do 1 per Cent. (Deferred 3 per Cent.) Chili= 6 per Cent Do. 4i per Cent — Colombian 6 per Cent. — Cuba, 6 per Cent. Danish 3 per Cont., 1825 — Do. 4 per Cent., 1863 — Do. 5 per Cent., 1773-77, £25 paid — Danubian Principalities Do. Account Do .£B6 paid Equador New Consolidated, 1 per Cent — Do., Provisional Land Warrant Egypt Egyptian 7 per Cent 9 Bi 8 ian Second Issue Do £lOO Bonds — Do. 1864 941 Do £lOO Bonds Greek 5 per Cents., 1824-5, ex Coupons Do Account Do. Coupons . Do. Account Guatemala 5 per Cent. — Do. 1839 and 1850 Italian 5 per Cent (Maremmano. Railway) Do 1865 Do Scrip, .£67i paid — dis Do 5 per Cent., 1864 — Do. Scrip, £55 paid 31 oxican 3 per Cent. Do. Account Do 1864 22 Do 6 per Cent. Anglo-French — Do French Scrip, Lx. 25f 20c — Montevidean 6 per Cent., £3O paid — Moorish Imperial 5 per Cent New Granada Do 2 per Cent — Do Deferred Do Land Warrants (Hectares) Peruvian 41- per Cent. Do Scrip, £45 paid, paid in Bonds — dis Do 3 per Cent. (Uribarren) — Do 4i per Cent., 1862 Do. Account Portuguese 3 per Cent., 1853 Do Account — Do 3 per Cent., 1856, '7, '9, '6O, '62, '3, —_ Do Account 47-i 1 i Russian 5 per Cent., 1822, £ St., Do 4} per Cent., 1850 Do 1860 Do 3 per Cent., 1859 Do 5 per Cent., 1862 Do 1864 Sardinian 5 per Cent Do. Account Spanish 3 per Cent Do New Deferred - Do Passive Do Account 2Bf Spanish Cert. of Coup not funded Do Account Swedish 4 per Cent. Do. 41 per Cent. 1864 Turkish 6 per Cent. 1854 Do Account 94f 1 Do 6 per Cent. 1858 — Do Account 75 Do £lOO Bonds Do. 11 per Cent -3 Do 6 per Cent. 1862 Do Account — Do £lOO Bonds 731 4 Do 6 per Cent., 1863 — Do 5 per Cent. 1865 Do Scrip, £35 paid Do Guaranteed, 4 per Cent lOO4 Venezuela 3 per Cent. — Do. Account — Do. 6 per Cent, 1864 Do Account ' Dividends on the above payable in London. Austrian, 5 per Cent., Ex. 10 Florins — Belgian, 41 per cent., Ex. 25f. Dutch 2j per Cent., Ex. 12 Guil — Do. 4 per Cent. Certificates — French ltentes, 4k per Cent. Do Account per Cent., 1861, Ex. 25f. Do. Account THREE O'CLOCK. Consols Do. Account Do. Sept. Liverpool Cotton Market—This Day. Market quiet and unchanged. Sales, probably 5,000 or 6,000 bales. DUTY ON PATENT MEDICINES.—It is shown by an official document that, in the year ended 31st March last, the duty on patent medicines produced as much as £55,333 Os. 4id. THE LORD CHANCELLOR'S CHURCH PATRONAGE. —The Lord Chancellor has presented the Rev. Matthew Wood, M.A., of St. Catherino's College, Cam bridge, to the united vicarages of All Saints' and St. Law rence, Evesham, rendered vacant by the resignation of the Rev. Mr. Francis ; and the Rev. William Elliot Haddow, M.A., of Christ's College, Cambridge, curate of Ebrington, near Chipping Campden, Gloucestershire, to the vicarage of that parish. DANGEROUS LEAP FROM A TRAIN.—On Wednes day forenoon, a man who was travelling from Kir riemuir to Dundee leaped from a train on the Scottish Northern Eastern line, and made a very narrow escape with his life. When the train was at full speed between Barry and Monifieth, one of the passengers looked out of the carriage-door window. The wind blew off his hat, and without seeming to realise the dangerous nature of the act he was to commit, he deliberately opened the door and leaped out. So great fres the velocity of the train that he was thrown headlong to the ground, and the injuries he sustained were very severe. On reaching Monifieth sta tion the guard of the train was informed of what had oc curred, and the train was run back in order that assistance might be rendered to the foolhardy man. Ho was found lying on the ground, his face covered with blood, but did not seem to be so much injured as many anticipated. He was assisted into the train and taken to Dundee, and re fused to allow himself to be conveyed to the infirmary. THE BILSTON SAVINGS BANK DEFALCATIONS.— At a meeting of the principal depositors on Saturday it was resolved that it would be desirable to sell the debt due from Mr. Fletcher to the trustees, to persons who would form a friendly subscription among themselves, especially if connected with the parish of St. Leonard's. The depo-. sitors have already received 13s. 64. in the pound, and it is hoped that they will ultimately receive 175., for it was announced at the meeting that a private gentleman, who has all along taken great interest in the depositors, will acid to the £3,000 purchase money a gift from his private purse of £1,500. LONDON AND NORTH WESTERN RAILWAY.--Mr. Stewart, the secretary, has issued a circular, in which he says :—" With a view of making the public aware, at the earliest period practicable, of the dividend likely to be de clared by this company at the ensuing general meeting, I am authorised to state that the accounts, though not yet finally audited, or approved by the board of directors, indi cate a dividend, for the past half-year, at the rate of six per cent. per annum." THE MURDER OF LIEUTENANT CLUTTERBUCK.-- At the King's County assizes, on Friday, before the Lord Chief Justice, Laurence King was indicted for the wilful murder of Lieutenant Clutterbuck, of the sth Fusiliers, on the Bth of July last. The trial has not yet concluded. ST. JAMES'S HALL.—" The World of Magic," at the St. James's Hall, continues to attract large audi ences. Mr. Maccabe has quite established himself as a universal favourite. Professor and the Misses Anderson have introduced several novelties. The first morning per formance on Saturday was a decided success. 20} 20 100 100 TuE SUN, LONDON, MON DA Y EVENIr- G, AUGUST 7, 1865. MARKETS—This Day. SHARE MARKETS—This day. -~-- Share Railways. Bir., Viol., & Str. Val Blyth and Tyne Bristol and Exeter Caledonian Cork and Bandon Cornwall . Do. A (A gets no diva Do. B been paid to B Dublin & Belfast June Dun,.Perth, & A b.Junc. Edinburgh & Glasgow Glasgow & S. IV( stern Great Eastern, Ord.! k.l Do. H. Angf. st No. Grcat North of Scotland tireat Northern 1) A stock • • Do. B .o Do. .I , :ew. is. at 25 pri , Gt S. and W. or Ireland Gt. Wcste n -Orkinal D . S. V4I. Bail gua. Do. South Wales • Do W. Oxiord Lo. Newpo. t Po. it e eford L ano shire & Yorkshire , L ndon and Blackwali Lon., Brigh., & S Coast Lon., Chat., and Dover Lon. & North Western Lon. & South Western Man., Shot., & Lincoln Maryport and Carlisle Do. # shares Metropolitan.... Do. New ISlidtapd . Birmin Derby' Mid. Gt. W.. Ireland Do. # sharei hid Kent No. th British Do. Ed., Pth ,'dc Dun Nth. Eastern - Berwick Do. G•N•E purchase Do. Leeds Do. York Do. Carlisle Do. Stock. & Darling. De. do. 1855-58 Do. do. 1860-61 . North London Do. New Do. do. 1864 .. North Staffordshire N. & S. W. Junction Scottish C,ntral Scot. N. E Aber. stock t/o. Scot, 1111 d. st.)ck 'h•ews & Welchpool Shropshire Union South Devon -outh E stern Staines, Wok., & Wok Taff Vale Do. C Vale of Neath Waterford & Kilkenny West Cornw ill W.Hartlepool Han& Do. A irredeemable Do. A redeemable BRITII ORDINARY SHARES AND STOCKS. il, 1321 47 i i G5l 4! r! 611 41, 4} )35 131 j 1 1 102 1111 i I 581 t 2 i I Paid.' Closing I Business rice. done. 120 191 / :3 1231 4 3 109 BRITISH P Atlantic Az St. Lawrence Bora., Baroda, 4. Cen.lu. Du. 5 per cent o. le shares Buffalo & Lake Huron Do Preference Buff.,Brant, & Godtrich 6 p.c. bds. Aux. 1, 872 Do. do. July 1, 1873 Do. do. June 1, 1574 Calcutta & 8. E., ym a e Town & Dock, gu. Demerara, 7 p.c. per. p• Bengal, gu , 5 do East lcdian, gu. 5 p.c.' Do. J Extension ..' Grand Trunk of Canada ' Do. Equip. Mort, Bonds 1 charge 6 p.c Do. Ist Pref. Bonds ) Do. do. deferred .. Do. 2d Pr..f. Bonds Do. do. deterred 1 Do. 3d Pref. stock 1 Do. do. deferred Do. 4th Pref. stock.. Do. do. deterred .... G t. India Pen. gun. sp.c. 'o. Gua. 5 per cent Do. New gua. 5 p. o Gt. South of India (lint gum. 5 per cent D 41 per cent Do - Great Wee. of Canada.. New.Da Do. 6 p. c. Bds. pay 1873 Do. 54 do. pay. 1877-8.. fndian Branch, limited 'Madras, g - ua. 5 p.c Do. 41 do Do. 41 do Do. Fifth Extension Melb. Cor. 6 p. c. Bnds. & Hudson's Bay New Brunswick & Can Class A and B %.1{ I. C' da, pc Ist pt. bds Scinde ...... Da Delhi d ts' Do. do Do. Punjaub Ein Do.lndus St Flo ()SSE; all JO ) 100 1100 2 100 100 COLONIAL GOVERNUEN' British Columbia. 6 per cent., Dec.3l, 1572.... Can.Gov.6 p.c.Ja2July 1877-84 - Do. 6 p. c. Feb. & Aug D sp. c. Mar. & Sept Do. 6 p. c. Jan. & July Do. 5 p e. Inscribed sk Cape. Hope. 6 p.c. 1873 Do. April & Oct. 1880-1 Do. do! 1899-1 Do. Jan. & July, 1891 Ceylon, Nov. 18 8 8, 6p. c Do. 1878, do Mauritius, 6 p. 0, 1873, Jan. and July Do. IS7B Do. 188?, May 15, Nov it, Natal , ;ov. 0 per cent.. N.B.Gov.6p.c.Ja.Muly N. S.W. Gov. 5 p•c.,1866 Do. 5 p.c. 18,1 to 1876 100 100 101 100 100 Do. 5 P.c. 1888 to 1892 New Zealand, 6 p. cent Do. 6 per cent Nova So tia Gov. 6 p. c sterling, 1875 Queensland Gov. 6 p. c S. Aus.Gov. 6 p,o 1868-V Do. 1878 & upwards Vic,Gov. 6 p.c. la as July Do. do, A pril dv Oct 1 Irlo 100 100 1 , 0 100 100 MARK-LANE. The wheat trade in the country markets held on Satur day was firm, and an advance of Is. to 2s. per quarter took place in prices, as compared with the previous week• Barley - was in very short supply, and the quotations had an upward tendency. Other articles were in fair average request, and prices ruled firm. On the Continent the wheat trade is firm, and prices are on the advance. In spring corn a fair average business is doing at full currencies. At New York the demand for wheat and flour for export has fallen off The arrivals of English grain up to our market last week were very moderate. The imports from abroad con sisted of 16,392 quarters of wheat, 4,000 barley, 45,420 oats, 736 beans, GO peas, 20,768 linseed, 12,431 rapeseed, 75 sundry seeds, 210 sacks and 11,128 barrels of flour. The arrivals of home-grown wheat, of last year's growth, fresh up to our market to-day ; were limited. Owing to the unsettled state of the weather, the trade for all quali ties was firm in the extreme, and an advance of from 2s to 3s. per quarter took place in prices as compared with Mon day last. With foreign wheat, the market was moderately supplied. Holders and importers were very firm in their demands, and the quotations advanced 2s to 3s per quarter. Floating cargoes of wheat were in request, at an im provement in value of 2s. to 3s. per quarter from Monday last. Spring corn, afloat, was firm in price. _ _ The supply of English barley on sale was very limited, and prices must bo considered nominal. Foreign barley— at which there was a, moderate supply on offer—was held at fully late rates. The malt trade was firm, and prices were ls. to 2s. per quarter higher than on Monday last. With oats the market was well snpplied. For most de scriptions there was a good demand, at an improvement in the quotations of 6d. per quarter. Scarcely any English beans were on offer. Foreignbeans were in fair demand, and prices ruled firm. Tho few English peas on offer sold at late rates. Foreign qualities supported last Monday's currency. The flour trade was very firm. Country marks improved in value 2s. per sack. Foreign sacks were ls. per quarter dearer than on Monday last, and an improvement of 6d. to ls. per barrel took place in the value of American qualities. The supply of new produce on sale was very limited, owing to the hindrance to harvest work caused by the un favourable weather ; it consisted this morning of only one parcel of red Kent wheat, which was held at 50s. per quarter. CURREXCY PER IMP. MEASLRE Wheat—Essex and Kent, red, 1863, per qr 411 to 45s Ditto, 1861 Ditto, white, 1863 4 a 5 a Ditto, 1864 Norfolk and Lincoln, red, 1864 Ditto, 1863 Talavera, 1864 ... 491 s;s Rye— Barley—Grinding -8 -8 Maltin - 8 Malt—Suffolk a nd Norfolk 653 62s Brown Kingstown and Ware too 628 Chevalier Oats —Yorkshire and Linuolnab., Feeding 20s 24s Potato .. 246 2Fs Youghal and Cork, b1ack....... ... 19s 24s Cork, white Scotch, Feeding l9s 238 Beano—Tick Pigeons, Peas—Grey . 348 :14 Maple White Boilers 37s 40s Flour—Town-made, per 2801 b Suffolk ^9s 31s Stockton and Norfolk. American, per barrel 22s 286 METROPOLITAN OATTLE. There was a large supply of foreign stock on offer in to day's market, and sales progressed slowly, on rather lower terms. Its general quality was very middling. The arrivals of beasts fresh up from our own grazing districts were only moderate, and the condition of all breeds was by no means first-rate. Primo Scot; Hereford; Devons, and short-horns moved off steadily, at full prices ; tho top figure being 5s Gd per 81b ; otherwise, the beef trade was in a sluggish state, and, in some instances, prices had a downward tendency. _ _ Several hillocks suffering from disease were seized by the authorities, and immediately slaughtered. By some persons it is described as "gastric fever." From Lincolnshire, Leicestershire, and Northampton shire, WO received 2,100 short-horns, &c. ; from other parts of England, 800 various breeds ; from Scotland, 220 Scots and crosses ; and from Ireland, 150 oxen and heifers. VV e were fairly supplied with sheep, but at least a moiety of them were of inferior quality. Downs, half-brads, and other prime breeds sold freely at extreme rates. Inferior sheep were dull, and 2d per 81b lower. The highest price was 6s 4d per 81b Tho supply of lambs was limited. Prime qualities of lamb moved off freely at 6s 8d to 7s, in some instances at 7s 4d, per 81b. Inferior breeds were dull, at late rates. . _ Calves were in fair supply and sluggish request, at last iveek's prices. Pigs wore in moderate demand at full quotations. The supply was good. a__ Per 81b to sink the offal. s ds d s ds d Crse. St inf. beasts... 3 10 4 4 Pmecrs-wool sheep 5 8 6 0 Second quality do ..4 6 4 lo Prime n'thdown 0 6 2 6 4 Prime large oxen ..5 0 5 2 La ge coarse calves. 4 2 4 8 Prime Scots. ttc....1 4 5 6 Prime email d0......4 10 5 2 Crse. and inf. sticep.4 4 4 10 Large hogs ...4 0 4 6 Second quality do ..5 0 5 6 Small porkers 4 8 4 10 Lambs....6s Od to 78 Od. Suckling cakes, 19s to 22s ; and quarter-old store pigs, 22s to 2Ss each. _ .- -- Head of stock on sale. Total supply. Foreign supply. Beasts (,780 Beasts 3 BOO Cows .. Cows. Sheep and lambs 26,570 Sheep and lambs ...... 12,330 Calves Bl7 Ca ves 3OO rigs ••.... 320 ,Pigs 2i The total imports of foreign stock into London, last week, amounted to 26,400 head. In the corresponding week in 1864, we received 14,629 ; in 1863, 15,775; in 1862, 10,802 ; in 1861, 9,697 ; and in 1860, 16,057 head. IMPORTS INTO LONDON LAST WEEK. Beasts. Sheep. Lambs. Olives. Pigs. Antwerp 207 0 -. 2277 ... 653 -. 28 .- -- Boulogne Bremen - -. 9 -- Calais - -. 63 -.-- •.. 30 ". 26 Cadiz -- -.-- -.- " . . . Dunkirk .. Bordt. - 31edemblik 66 -. 1310 .- -- -. 9 7 Gothenburg Hamburg - .- -- -. 337 Harlingen......., lB5 _. 1320 ... 159 -. 117 .- 945 Oporto Ostend Rotterdam 947 .- 5978 •.. 150 .- 506 -. 865 Tonning 2070 -. 2277 ... 65 3 •.. 1 -- Total ......599 . 2 ...15,540 ... 1887 722 ...2259 The yearly comparison of weekly imports is as follows : Beasts- Sheep. Lambs. Calves. Pigs. 1864 1863 2663 9521 1131 ... 1081 ...1374 1862 A statement and comparison of the supplies and prices of fat stock exhibited and sold in the Great Metropolitan Cattle Market on Monday, Aug. 8, 1864, and this day, Monday, Aug. 7, 1865. Per Sibs. to sink the offt;,l. Aug. 8, Aug. 7, 1864. 1865. Coarse and inferior beasts.. 3 4to 3 6 310 to 4 4 Second quality do. 3 8 4 0 4 6 410 Prime large oxen 4 2 4 6 5 0 5 2 Prime Scots, Ste. 4 8 410 5 4 5 6 Coarse and inferior sheep „ 3 8 310 4 4 410 Second quality do. .... - 4 0 4 6 5 0 5 6 Prime coarse-woolled do 4 8 5 0 b 8 6 0 prime Southdown do 5 2 5 4 6 2 6 4 Lambs Large coarse calves 3lO • 4 6 4 2 4 8 Prime small do. 3640 4 0 4 6 Large hogs Neat small porkers 4 2 4 6' 4 8 4] 0 Beasts Sheep 27,950 Calves Pigs S UPPLI ES ON SALE, Aug. 10, 18 63.—Beasts, 5,380 — sheep and lambs, 26,780—calves, 3 08—pigs, 540. Aug. 11, 1862 — Beasts, 4,sBo—she e p an d l am b s, 2 7 , 300 —calves, 171—pigs , 480- NEWGATE AND LEADENHALL. Tho supplies of meat on sale Were moderate. Tbe trade is firm, and an advance has taken place in prices. Per 81b by the carcase. d s d 1 Inferior beef 3 6 3 i 0 Middling do. 4 0 4 4 Prime large do 4 6 4 8 Prime small do 4 1 0 5 Large pork 3 8 4 8 lamb, 53 sded Inferior mutton.... 4 2 4 10 Middling mutton ..5 0 5 0 Prime do .5 8 6 C Veal 4 0 5 0 Small pork. 4 10 5 2 id to 6s Od. BOROUGH HOP. We have to report A quiet trade for all kinds of hops. The marekt is scantily supplied with p ro d uce, and previousquo tations are well supported. The first sample of new Kent hops sold at £lO per cwt. The import into Loudon, last week, was confined to one bale from Boulogne. Mid and East Kent ..... lOos to 100 s per cwt. Weald of Kent Ms to 15Us bussex . Yearlings .................... --s to --s 0 der hops —s to --8 American --8 - BOROUGII AND SPITALFIELDS. These markets are moderately supplied with home-grown potatoes, but scarcely any foreign produce is on offer. The trade is steady at ourquotations. There was no import into London last week. Per to I. 'Yorkshire Regents ......... ...... 9)s to I‘4os bhaws . ...................... 7 s to 9es Colonial wool, by private contract, is very moderate at late rates. The English wool trade is quiet, on former terms. Current prices of English wool per lb. sd s d Fleeces - South Down hoggets 1 8 191 Half-bred do 2 0 2 1 Kent fleeces 1 11 2 0 south Down ewes and wethersl si 1 9 Leicester do 1 106 2 0 Sorts Clothing 1 6 111 Combing a 1 5 2 ei SEEDS. All agricultural seeds . were in slow request at about late rates. The trade for new English rapeseed ruled dull on former terms. In cakes very little was doing, .but no change took place in prices. Carraway —8 —6 Coriander 124 24s II ornpaced per qr 4is 4 WOOL. The public sales of colonial wool will be commenced on Thursday the 17th inst. The arrivals comprise 117,440 bales, consisting of 34,385 bales from Sydney ; 15,714, Victoria; 10,477, Van Dieman's Land ;' 4,116 Adelaide ; 501, Swan River; 34,753, New Zealand; and 17,494 bales from the Cape of Good Hope. The business doing in Particulars. Stock this clay.... Price of Y.C. Delivery lastweek Ditto from June 1 Arrivals last week Ditto from June 1 Price of Town .... 1851. 52392 41ala 10 43s 8d 5,486 16,827 1,431 12,263 49* 3d 96 18 132 133 ii 61 62 C 6 16 17 110 OL 109 111 47 4'3 81 Pi 131 132 113', 14111 128 32 1.7 i'ff 65 6.5 i 63 C 5 43 55 40 15 'O5 106 11,14 120 93 94 103 108 39 /1 124 3234 99i 10 $ 43 54 135 136 li 13 1 p ( i 3 2 100 1(2 52 $3 ti ..5 1111 1154 67 70 102 101 371 39 10 11 121 123 II 11 2 p 78 80 111 12 153 155 67 5 6L 43 58 60 81 6I 9 10 151 156 3 4p 104 106 98 00 ,SIONS. 1 5 4 : 5 1: 9 01023 "a 90i 99 101 70 75 100 102 1014 IC2I 103 104 111) 18 IV E 8 90 65 66 55 60 57 58 50 52 45 44 40 44 26 18i 25 27 1021 1031 1 I P P, 100 101 It 121 Bj4 ,0 112 82 64 - 1 is 101} 1021 0 97 8 91 66 68 82 81 100 101 100 101 _ I fd too lut 91 93 T SECIJ 95 08 99 101 94 100 831 811 82 54 101 103 105 107 108 1(8 108 1(8 102 104 1(8 110 102 104 104 106 106 108 102 104 95 97 91 101 93 95 20 91 102 104 83 85 98 100 100 102 1031 3 103 I 102} li ,ITIES. 1 - 61 10 1 / 101 105 107 1(91 11011 Cam Consol. Gold, lim Oliver ton Clifford A malgamated Devon G. Cons. (Tavist Drakewalls East Bassett (Illogan) East Cara lon as t Carn Brea Past Grenville . - 2.1.0 East 1.0ve.1 E. W'l Russell Cravlstk l Gam.& StAubyn(Gwen.l Gr.,at L ocey, Great South To/gus...• G. Wheal Vur theist Grenvil.e Flerod's Foot •••• ..... llingston Downs Margaret (Uny Lelant Marke Valley lwyndy Iron Ore, lira Nangiles New Se ton . North Downs North Roskear N.Wh'i Bassettallogan North Whed Crofty Vrosper Vr.videnee Uny 'dant S. Caradon (St. Cleer) S.Wheal Fran. (Mogan stray Park . Tin Croft 2.11.6 3.4.0 2.7.0 2. t 3.8 9.10.6 601 all 1.1.0 7.8:3 8.13 1.18.0 West Bassett (Mogan W. Caraden (14 , skeard West Chi rerton West Seton ..... Wheal Bassett 'Mogan Wheal Buller (Redruth Whea LucieAt Wheal Mary Ann (Men Wheal Seton Wheal Trelawney (Lis Wheal Uni,n :IVES. 14 10 25 27 560 660 1 18 .0 12 13 6 6! 21 2, 10 11 3 1 4 1 2 4 194 201 If 21 Z . 4 85 2 2i 40 42 2 24 2F 8 4i 41 21 14 11 13 25 3 i 4.3.0 371 4.2.0 2.8.0 7.1.6 10.0.7 18.18 9 140.17.6 474 6i 10 3.12.f.1 I C I I 11 • 11 2 I'o A 2 490 500 15 2 13 15 161 17.: 6) 76 8 10) 75 5 ISO 390 8 . 85 15 20 5 7 200 205 17 18 LA LtlSib, oi Great Northern, 5 per cent., 114 Great Western Orig. 411 per cent ff., Great Western, 4 per cent. irred 85 Gt. Western, \Vt. Midland, Oxford 14 guaranteed atock. 125 London rnd S.W., Portsmoutkperpet. nuns. of £s. 6d, 3 North Staffordshire, 2tl 2 95 1 PREFEMENCE SHARES AND STOCKS. Great Eastern 41 per cent. pi., 91 Ditto, new, 5 per cent., 101 LINES LEASED AT FIXED RENTALS. London and Chatham. 4i per Cent., Ditto, Com. Fund stock 5 per cent., 1,91 roams RAILWAYS. Bahla'and San Francisco tii.n.) gua. 7 per cent, 14 Dutch Rhenish, 22& Great Luxembourg, 141 South Austrian and Lombardo Venetian, 19 FORICIGN NttNES. Frontino and Pol'via Gold. ilni., 1. St. John del Key, lim., 44 2 Washoe Gold, Urn., 93,- BANKS. Agra and Misterman's, Um., 59 1411 .• 29 Coloni?.l . llm.. 44 Consbliciated Bank, lim., 10a 1 East London, Um., 51 English, Scotch, and Australian Chartered, 21j European Bank, lim., tit Imperial Ottoman, 15a a London Chartered Bank of Australia, 24& London and County, 75 a 5 London Joint Stock, 47i London and South African, IS London and.ll estmlnster, 911 4 Pa Midland Bank, Urn., 17 Union of Australia, 13 ITnion of London, 52j 3 Southampton, DOCKS. MISCELLANEOUS. Atlantic Telegraph, 87per cent. gua 21 ff / Bombay Gas, lim., 54 City of Moscowi,Gas, lim , 31 Company of A fricanlMerchants. lira., 23 - 1 Contract Corporation, lim., 21 1 Ebbw Vale, 131 4 Electric Telegraph, 127 English and Australian Copper, 1 Fore-street Warehouse, lim., Gen. Credit and Finance of Loudon, lim., t 4 Hudson's Bay, 154 1 Imperial Mercantile Credit Asso..llm., ei Interational Land Credit. lim., fe Italian Irrigation (Canal Cavour,, 114 Ditto, 6 per cent. Bonds, redem. 1870, issued 90, 81 Joint Stock Discount, lim., 8 Land Securities, Um., 3 I London Financial Association, lim., 2 London Gentsral Omnibus Company. 34 London and Glasgow Engineer' , g and Iron Ship, lim 51 61 111 dras Imgation and Canal, 14 Marine Investment, lim 411 Millwall Freehold Land and Dock, lim 3 1 National Discount t ompany. lira., 153 Royal Mail Steam, 1153 16 15 South Australian Land, ?.t1 Telegraph Construction and EtaintenanCeiliM., 111 41 l'ornlp, Whlte,p.bus.2v3 to 22s I Swede —3 —6 stv 1 , IS —E ! Mustarn, _ White, Tares, Spring.-- - s - 8 Crushing New winter, bash 9s lOs 'Wile —s —l3 Canary, per quarter 363 46s Odessa —B —8 itye g-rass ..... .... 21s 586 Linseed Cake, p ton —s —s Clover, Red Eug.,et. —s —s English . .CW Os 1;10 Its White --6 6 i;" ()reign .4:9 lOs .£ll 5 Foreign Red.— —s —a I Rape Cakes,p ton £5 Ifis 16 , OR V lute. —at —a i itapeseed, new,pr qr OSs 7 s Trefoil .... TALLOW. own The tallow trade is firmer, and Prices havo improved. P.Y.C. is quoted at 42s to 42s 3d per cwt on the spot ; and 43s to 43s 3d for October and December delivery. Rough fat commands 2s lid per 81bs. Town tallow is worth 42s 3d net cash. 1863. 1861 1804 30.683 41.180 45;30 48561 to 1343'1 to 41891 to 4859.1 - s —a Od 1,467 1,0'2 8 )2 14,649 8,861 9,3E1 2,791 1,927 480 12,020 12,3L5 0.662 50s Od Its 3d 136 Od SPORTING INTELLIGENCE. LEWES RACES-SATURDAY. The concluding day's sport of this very agreeable gathering was celebrated in the most delightful weather, and with a success quite equal to many of the more impor tant meetings. The attendance, although not so large as on the first day, was exceedingly good, the large number of carriages that left Brighton for the course bearing evi dence to the great popularity of Mr. Verrall's meeting. The Lewes Handicap, the County Cup, and the Nursery, added to five minor events, made up a very interesting card. One race, a Plate of £5O, was void in the absence of the re quired number of starters. Very little was doing on the principal handicap until the numbers were hoisted, when speculation became very active. Eighteen of the 26 on the card went to the post, those most in demand being Suspi cion and Provisor, though John Davis, Balharn, and Ver dant had many friends ; indeed so good a handicap was it considered that nearly every horse that ran was backed. Suspicion, the Goodwood Stakes hero, scarcely belied his name, for he never showed prominently in the race, which was so cleverly won by John Davis that it is evident Danebury made little or no mistake when they stood him for "a raker" for the Northamptonshire Stakes. The other events do not call for special remarks, and the meet ing terminated with the Nursery Stakes, wherein a hot favourite, Gunboat, was bowled over, the race being won by Lucifer. Mr. Verrall may fairly be congratulated on the eminent success of the meeting, which, throughout, was characterised by excellent management. A detailed report of the day's racing is appended : The Town Plate (Handicap) of 50 sovs ; for 3-year-olds and upwards. Half a mile. Mr. S. Thellusson's My Cob, 3 yrs, Est 71b (car. Est 91b) (J. Grimshaw) 1 Mr. Wodson's The Gem, 3 yrs, Est 71b (Heartfield) 2 Lord Westmorland's Papoose, 3 yrs, Est 41 b (Tribe) 3 The following also ran :—Colleen, Leovillo, Foncier, Bella, Elise,- Virtuous, Frogmore colt, and Halifax. Betting-3 to 1 agst Bella, 6to 1 each agst My Cob, The Gem, and Leoville, 8 to 1 agst Papoose, and 10 to 1 agst Virtuous. The Gem was first off, followed by My Cob, Papoose, and Virtuous, the Frogmore colt heading the others to the distance, where My Cob drew up to Mr. Hodgman's filly, and, heading her at the commencement of the stand enclosure, won cleverly by a length ; Papoose beaten two lengths for second place ; Frogmore colt was fourth, Bella and Colleen close together were next, Virtuous and Leoville being the last two. _ A .Z5O Plato, for 3-year-olds and upwards; weight for ago ; and selling allowances. One mile and a half. Do- dared void. The County Cup, value 200 sous, by subscription of 10 sous each, with 100 added ; for all ages; weight for ago; with penalties and allowances. T.Y.C. Mr. Vincent's Redan, 2 yrs, 7st 51b (inc. 51b extra) (Grimshaw) 1 Capt. King's Gem of the Sca, 5 yrs, lOst 31b (inc. 101 b ex.) (Goator) 2 Mr. W. Morris's Ambition, 2 yrs, 7st 21b (inc. 51b ex.) (S. Adams) 3 The following also ran :—Attache, Troublesome, Me phistopheles, Osiris, and Swordsman. Capt. King declared to win with Mephistophiles. Betting-2 to 1 agst Redan, 4to 1 agst Mephistophiles, 100 to 15 agst Gem of the Sea, 8 to 1 agst Swordsman, 10 to 1 agst Ambition, 12 to 1 agst Troublesome, and 20 to 1 each agst Osiris and Attache. After several failures, Osiris jumped off in front, followed byMephistopholes and Redan ; the others in good order followed into the dip, whore Ge m of the,Sea drew forward and Redan passed Mephistopehles. At the distance Osiris dropped into the rear, and Ambition took third place ; but Redan, coming on full of running, won cleverly by a length ; Ambition beaten three quarters of a length from the second. Swordsman, who ran un kindly throughout, was fourth, Troublesome next, Mephis topheles and Attache finishing last. The Lewes Grand Handicap of 15 sous each, 10ft, with 200 added ; winners extra ; the second to save his stake. Two miles. 75 subs, 58 of whom pay 3 sous each. Mr. J. Day's John Davis, 4 yrs, 7st 71b Mr. J. Parke nd Farce , 5 yrs , s st 10 Ib (Huxtable 2 L or d Uxbridge's Arkansas, 3 yrs, Est (in7lbex) (Kenyon 3 The following also ran :—Union Jack, Dalby, Lucky Star, Suspicion, Dunkeld, The Plover, Balham, Llangol len, Olivia, Bolew, Roseneath, Pyrrha, Provisor, Verdant, and Warfare. Betting- 4 to 1 each agst Suspicion and Provisor, Bto 1 agst John Davis, 10 to 1 each agst Verdant and Dalby, 12 to 1 agst Pyrrha, 100 to 7 each agst Balham and Ftiree, 100 to 6 each agst Dunkeld and Boleno, and 20 to 1 each agst Union Jack and the Plover. At the second attempt the lot were despatched in fair order, but after going a short distance, Pyrrha and Arkan sas took a lead of several lengths of Verdant and Lucky Star, who lay at the head of the others, who were brought up by Union Jack. After proceeding about half a mile, Pyrrha disappeared from the front, and Balham improving his position, went in pursuit of Arkansas, followed by Pro visor, Farce, John Davis, and Verdant, who entered the straight in the order named. Going down the hill Balham assumed the lead, which he held till approaching the dis tance, when John Davis was in close attendance, followed by Arkansas and Farce, Dalby, Union Jack, and Provisor, heading the others till within the distance, when John Davis took up the running, and heading Balham (who sud denly gave way beaten), was challenged simultaneously opposite the stand by Farce and Arkansas, neither of whom could, however, reach the Danebury horse, who won cleverly by a length; Arkansas, who finished third, was only a head in the roar of Farce. Dalby was a bad fourth, Balham fifth, Union Jack sixth, Provisor and Boleno next, Pyrrha and Llangollen whipping in the nick. The Juvenile Stakes of 5 sows each, with 50 added, for t wo yr-olds ; colts, Bst 101 b ; fillies, Bst 71b ; selling allow ances. T.Y.C. Mr. G. Graham's Polka, Bst (..£5O) (Perry) 1 Mr. Kent's Mary Hill, Bst (£5O) (Buck) 2 Mr. E. Duke's Fomentation Bst (X5O) (Fordliam 3 7. Lord St. Vincent's Woolwich, Bst;3lb(.£so) (J. Orimshaw) 4 Mr. E. Egerton's Finale, Bst 31b (X5O) (T. French) 5 Betting-5 to 4on Fomentation, 3to 1 agst Woolwich, 4 to 1 agst Polka, who jumped off with a clear lead, which he maintained throughout, and won in a canter by three lengths ; Mary Hill defeated Fomentation by a length for second place ; Woolwich a bad fourth. Tho winner was bought by Mr. Godding for 135 guineas. A Scurry Handicap of 10 sovs each, 5 ft; gentleman riders; professionals, 71b extra. T.Y.C. Mr. D. Gardner's Saladin, 3 yrs, lOst 91b (inc. 7113 extra) (T. French) 1 Lord St. Vincent's Grappler, b' yrs, 9 s t 121 b (Mr. Bpv ill ) 2 Mr. W. Morris's Warrior, 4 yrs, l2st 31b ... (Mr. Dixon) 3 The following also ran ;—Lord Douglas, Trap, Durham, Mrs. Somerville, Castle Hill, pathy, and Columbia. Chaperone , Imogene, Sym- Betting-2 to 1 agst Warrior, 6 to 1 agst Saladin, 8 to 1 agst Grappler, and 10 to 1 each agst Lord Douglas, Dur ham, and Mrs. Somerville. Castle Hill, with Grappler close up, made play into the dip, when Saladin, who headed the others, drew up, and at tho distance took the lead, and won cleverly by half a length; three lengths separated the second and third. Castle Hill was fourth, Chaperone and Trap next, Durham bringing up the roar. Warrior got badly off. The Castle Stakes of 4 sovs each, with 30 added, for 2-yr olds and upwards; weight for age, with selling allow ances. T.Y.C. Capt. Machell's Trap, 5 yrs, 9st (£3O) (A Edwards) 1 Mr. G. Angell's Goldylocks, 4 yrs, Bst 81b (£3O) (Perry) 2 Mr, John Dawson's Bella, 3 yrs, 7st 131b(£30)(Hibberd) 3 The following also ran :—Confusion, Bunch, Went worth, Viper, and Seymour. Betting-5 to 2 agst Goldylocks, 3to 1 agst Wentworth, 4to 1 agst Bella, and 100 to 15 agst Trap. After a long delay, Goldylocks jumped off in front and showed the way in the centre of the course with Trap, Bella, and Confu sion in attendance to the distance, where the three placed, drew away and finished a. splendid race, Trap winning in the last stride by a head; the same distance separated the second and third. Wentworth was fourth, Bunch fifth, and Halifax next. The winner was sold to Mr. W. Bennett for 240 guineas, and Captain Machell claimed Bella. The Railway Nursery Stakes (Handicap) of 10 sovs each, 5 ft, with 50 added ; winners extra ; the second to save his stake. T.Y.C. Lord St. Vincent's Lucifer, 7st 51b (J. Grimshaw) 1 Mr. E. J. Sayers's Her Ladyship,. 7st (H. Covey) 2 Mr. Saxon's Mouitress, 7st 71b (Clement) 3 Tho following also ran :—Actma, Venture, Gunboat, Diadem, Blackthorn, and dillan-a-Dale. The Conversion and Unification of the Ottoman Debt• TO THE EDITOR. Sir,—The conversion of the Ottoman Internal Debt is fixed for the first days of August. The opposition to the measure naturally aroused by the many disappointed interests is therefore at an end. It has certainly delayed an operation the soundness of which is not disputed, but it has suc ceeded neither financially in burking it, nor politi cally in shaking _the position of the present advisers of the Sultan. It is only. fair, therefore, that those interested in the conversion should be made acquainted with the real facts of the case. These, with you r p erm i ss i on, I will lay before your readers, neither advoc a ti ng the cause of those who have bceii assailed, nor en deavouring to turn the tables on the assailants. The liabilities of the Ottoman Empire are divided into two categories—the External or Hypothecated Debts, contracted, as their designation implies, abroad, and secured on special sources of revenue ; and the Internal Debts, known principally under the generic term of Consolides, issued at Constanti nople alone, and therefore dependent only on a compact between the Porte and its subjects, and secured on the general credit and resources of the Empire. The External Debts, with the exception of one which is guaranteed by England and France, bear an interest of 6 per cent., with a sinking fund of 1 per cent. The Internal Debts, for the most part, bear an interest of 6 per cent., with a sinking fund of 2 per cent. In both cases the sinking fund is applied to the payment of obligations at par by annual draw ings. This state of things was evidently unsatisfactory to investors, and therefore damaging to the country. The public debt of a State should be of one uni form value, and rest on the same security. An it vestor wishing to purchase French or English stock can do so almost without inquiry. The investor in Turkish funds meets with difficulties which one not acquainted with finance does not care to encounter. He finds two descriptions of securities of different value, each description further subdivided into unequal gradations. Thus a complicated system depreciates public credit even where the security, if carefully examined, would be found satisfactory. Meanwhile the general credit of the country is diminished by each successive hypothecation. It was therefore the desire of the Government, — first, to establish for the future a uniform and nor mal system of public debt, reposing, not on special mortgages of revenue, but on the general faith and resources of the State ; secondly, to reduce such existing debts as could be reached into this one system. This object was accomplished by the enactment of three laws. These laws established a system of public debt, to be called the General Debt of the Empire. A Great Book is instituted, in which all future debts of the Empire are to be inscribed, under the direction of a high officer of State, to be called Governor of the General Debt. These debts are to consist of obligations at 5 per cent., with a sinking fund of 1 per cent. The obli gations are to be printed in Turkish, English, and French, bearing a fixed value in the currency of the language. The interest is to be paid half-yearly, at a fixed rate of exchange, at Constantinople, Paris, London, Amsterdam, and Frankfort. Tho sinking fund is to be employed in the follow ing manner :—A sum of 1 per cent. on the original nominal value of the bonds issued, together with the interest of bonds previously amortised, is to be annually applied to amortisation. With this sum bonds are to be purchased to the nominal amount of 1 per cent., at the market price of the day. The difference between the market price of the bonds and their nominal value is to be applied to a reserve fund, which will preserve the equilibrium of credit. This institution, perhaps, requires elucidation. Assume a debt to be created of the nominal value of one million sterling. One per cent. on this is £lO,OOO, end this amount will be annually appro priated for the amortization. But the market price of £lO,OOO Turkish Stock may only be £5,000 or £6,000. Therefore, of the £lO,OOO set apart for amortization, £5,000 or £6,000 will be applied for that purpose, and the remainder for the reserve fund. Thus, if the stock remain at 50—the price of issue —an accumulation of the reserve fund will amount at the end of 37 years, when the debt will be finally amortized, to a sum equal to the whole amount of the debt. Meanwhile, if Turkish credit be bad and Ottoman funds be low, the reserve fund increases in amount, while it decreases only in proportion to the rise of public credit. Precautions are furthermore taken for the due administration of the new debt. By a clause in the law no fresh inscription can be made, except after due provision for the payment of the interest and sinking fund thereon, either by an increase of re venue or a saving of expenditure ; while the opera tions of the reserve and sinking•funds are subject to the supervision of a council composed of leading merchants, native and foreign, resident at Constan tinople. Thus a species of debt has been established con ' sistent both with the interests of the holders and the dignity of the empire. It is not an internal debt, subject to compacts between a sovereign and his sub jects, but to an external and almost cosmopolitan debt, negotiable in all the money markets of Europe, and having its interest paid without deduction for exchange, in any financial centre where the holder may happen to reside. In fact, the coupons may almost be considered as bills of exchange, so greatly will they facilitate remittances between the Levant and Europe. This object effected, the next consideration was as to the means of bringing within the radius of this new debt such liabilities as already existed. The External Debts could not bo touched, as being secured by special arrangements. The only bond-holders to whom inducements could be held out were the holders of Consolidos, all of whom were practically in the position of Turkish subjects, and whose income when abroad was diminished by the discount levied on their coupons, which were only payable at Constantinople. The annual interest on the Congolidos, as has already beets mentioned, is six pounds Turkish on each 100 pounds Turkish of stock—i. e., about .£5 9s. o ld. per annum. The sinking fund was 2 per cent. by annual drawings. It was considered by many that the advantages held out by the new stock at 5 per cent., with 1 par cent. sinking fund, would make it almost as valuable as the old internal stock; the increased moral advantages being considered an equivalent for the diminution of the payments. It was decided, however, to give to the bondholders such great advantages as would insure the conversion.* For every 100 pounds Turkish, giving an £5 9s. ld., subject to discount w h en abroad, theTurilkuiashYGvrn ment offer a bond of 110 Turkish pounds, Turkish,equal e to r£lo £lOO sterling, and f ur th er a b on d o f 11 pound sterling, thus addi ng 21 per cen t. to capital,while the same or a sli g htly a dditi ona l i ncome. giving In exchange for the other advantages given to the bond holder, the Government only takes the 1 per cent. saved on the amortization. Against this saving a new loan has been issued of £4,000,000 Turkish nominal, which has been placed, and is now quoted in all the great Exchanges of Europe. It must here be remarked that this loan has been obtained by the Turkish Government without any addition to its an nual burdens. The reader may himself judge of the ♦alue of the advan tages held out to those bondholders who convert. The conversion of the debt is a further proof of the good faith for which Fuad Pasha has been distinguished in all his dealings with foreign or native capitalists, as well as of his confidence in the resources of the Turkish empire as he has thus voluntarily placed the debt on a footing which requires as punctual and regular a payment of the half yearly interest as in the case of the most civilised European Governments.—l am, sir, your obedient servant, CONSOLIDE. * Mention is here only made of the Consolides, the bulk, of the interval stock. There are one or two other descrip tions, small in amount, principally held in Turkey, with which it is unnecessary to encumber the present statement. Madlle. Adelina Patti is expected at Florence. It is said that there will be Opera in English at Her Majesty's Theatre during the winter. POPULATION OF THE KINGDOII.—The population of the United Kingdom is estimated at the General Register Office at 29,772,294 in the middle of the year 1865. THE OLD WALL OF LONDON. Those who take a ny interest in Old London may like to know that a portion of the old wall which once encircled tho city is to be seen in Jewin-street, Aldgato. Some old buildings have been removed, and the ground is at present cleared. WEST CORK RAILWAY COMPANY. NOTICE IS HEREBY GIVEN, That the next HALF-YEARLY GENERAL MEETINr= of the thare holthrs will be held at the Company's Office s, )7, Grace church-street, London, on FRIDAY, the 25th August, ISM, at Three o'clock, p.m., for he purpose of transacting the ordinary business of the Company, pursuant to Act of Parliament. The Transfer Books will be closed on the 11th August, and not re-opened until alter the Meeting. • 1 4 y Order, H. WILLIAMS WOOD, Secretary. August 3rd, 181. THIRD EDITION. ~. 9'` ~ SUN OFFICE, 7 o'CLocy. T.AT TERSAL L S'— his Evening. ST. LEG Er. Even agst Gladiateur (off., I:tke 5 to 1) 9to 1 agst Regalia (elf., take 10 to 1) 100 to 8 agst The Duke (taken) DERBY 25 to 1 agst Lord Lyon (taken) • 33 to 1 agst Beelzebub (taken) 40 to 1 agst Primate (taken) 40 to 1 agst Monarch of the Glen (taken) 50 to 1 agst Strathconan (taken) SPORTING INTELLIGENCE—This Day. RIPON RACES.—TIIIS DAY. BY ELECTRIC TELEGRAPH. COMMEMORATION PLATE. Lady of Coverdalo Poetess Honesty Thirteen ran. FOURTH EMTION SUN OFFICE, HALF -PAST 7 o'CLocK. SPORTING INTEL LIGENCE—This ray. RIPON RACES-THIS DAY. TWO-YEAR-OLD STAKES. Castanet Honesty Rococo Five ran. S T UDLEY HANDICAP. Jig Rantillion zenobia Five ran. MOWBRAY PLATE. Midwife Mrs. Lirriper , Mrs. Rawson Cronstadt.. Midwife.... Choker Fivo ran. SPECULATION PLATE. Four ran. ST. WILFRED HANDICAP. Red Earl Empress of India Auricula, Five ran. 18(5 28 334 12. Od to 428 3d 1,928 13,024 '373 8,875 118 6d AQUATICS, MATCH FOR £lOO A-SIDE. This match between Bilsby and Teesdale Wilson came off this afternoon, when Kilsby won easily. The Cattle Disease. The following letter, relating to the cattle plague, has been addressed to the Clerk of the Council, by Professor Simonds, of the Royal Veterinary College: " Royal Veterinary College, Aug. 3,1865. " Sir,—l beg to submit for your consideration the following suggestions, which have for their object the arresting of the cattle plague, which unfortu nately is now prevailing in several parts of the coun try as well as in the London dairies. Under such circumstances it is much to be feared that, unless farmers, stock-owners, cattle dealers, and others whose interests are immediately involved, cordially co-operate in the endeavour to quickly exterminate the disease, wherever it may appear, it may assume a magnitude rightly to be regarded as a great national calamity. For this end it is important that all persons should know,— " Firstly. That the disease specially belongs to the ox tribe, and that it has never been known to attack any other domesticated animal. " Secondly. That it is the most infectious, as well as the most fatal of all diseases attacking cattle, and that it lies dormant in the system from seven to ten days, or often longer, before the animal gives any indications of being infected. " For these reasons it is imperatively necessary that the 'following precautions be observed : " 1. That all newly-purchased cattle of every kind be kept apart from others for a period of not less than twelve to fourteen days. " 2. That every cattle-owner keep a strict watch over his stock, so as to recognise the first indica tions of the disease, and as soon as aty of these are manifested call to his assistance the professional aid of a veterinary surgeon. The early symptoms of the disease are usually a remarkably dull and dispirited condition of the animal, which will stand with its head hanging down, ears drawn back, and coat staring, refusing all food, and occasionally shivering. A watery discharge flows from the eyes and nostrils. The skin is hot, but sometimes chilly, the temperature varying from time to time. The extremities are cold ; the breathing short and quick, being not unfrequently accompanied with moaning as an indication of pain. A slight cough is some times present. The inner part of the lip and roof of the mouth is reddened, and often covered with raw -looking spots. The bowels are occasionally constipated, but in most instances •diarrhcea soon sets in, the evacuations being slimy and very fre quently of a dirty yellow colour. The prostration of strength is great, the animal staggering when made to move. In mulch cows the secretion of milk is rapidly diminished, and soon ceases altogether. " 3 That all infected cattle be instantly removed from the healthy, and placed in situations as far from them as possible. As a further precaution it would be well to have the healthy washed and cleansed. 4. That no cattle, the subjects of this disease, be allowed to remain in any meadow or pasture field, unless they can be isolated from all other cattle, as well - as kept at a distance of not less than a hundred yards from all roads along which cattle may be driven. 5. That every animal which is violently attacked with the disease be killed at once, and buried with out delay,* and that the skin be placed in some dis infecting fluid before being sent off the premises. 6. That no cattle be allowed to go near to the burial place until several weeks have elapsed. 7. That no person who has the charge of the sick cattle be allowed to go near the healthy ones, awl that all indirect communication between the infected and the healthy be strictly prohibited. 8. That no fodder or straw which has been used about the infected be taken to other animals, or even thrown into the fold-yard or upon the manure heap, until it be first well sprinkled with chloride of lime or some other disinfecting powder. When prac ticable it is desirable that all such fodder and straw should be burnt. 9. That all sheds and stables in which diseased cattle have been located be thoroughly washed, cleansed, and ventilated, and likewise disinfected by whitewashings with quicklime, before any other cattle are placed therein ; and that during their occupancy by the diseased all manure and evacua tions be mingled with some disinfecting agent be fore being taken away. jv 10. That all railway cattle-trucks, station-ponds, ships used in the cattle trade, wharves, and other places where cattle arc brought together, be kept as clean as possible by frequent washings ; and that disinfectants be used whenever there is reason to believe that they have been occnpicd by diseased cattle. 11. That no store stock, mulch cows, or cattle of any kind which have been exposed to the infection, by being located with the disease, be sent to any fair or market in less time than a month after such ex posure; and that iu all cases in which it is deter mined to stay the progress of the disease, by killing animals so exposed, they being at the time believed to be fit for human food, the animals be sent direct to the slaughter-house when not killed on the pre mises of the owner. om eat ot it ing ck, nu; ,al - the ain— .oet, hop re- that t the 1 to ;bp tiers 'ost- else^ tter. kept )neY par-- I the atieS •oard I th e 1 the 3O ula es felt e f ore 3 sag Mo r t [ -sdol ,II M