The Sun. — London, England, 1866-05-04 00:00:00

NONEY-MARKET AND COMMERCIAL N'I'eL..i.,AENL,A. O'CLCK. There is only a moderate inquiry for discount . acco mmodation, and the supply o f money on o ff er Is very abundant. The unsatisfactory position of the Bank, however, induces caution on the part of the brokers, and 7 per cent. is the minimum rate in the open market as well as at the Bank of England. There were no gold operations at the Bank yes terday. The annexed particulars of the Bank of England return for the past week show some unfavourable alterations in the principal items of the establish ment ....£22,872,770 ▪ 711,655 ... 13,509,140 ▪ 346,636 ... 3,210,015 5,163 4,922,990 ... 505,843 ... 13,587.965 • 293,324 437,049 1," 9,920 ... 10,694,254 Other S ecurities No alteration. 20,380,395 Notes Increase ... 1,872,541 Unempl oye d • 4,839,250 Decrease 1,004,955 The Bank of France return shows an increase of £368,000 in the bullion, of £1,264,000 in the bills discounted of £20,000 in the advances on stock, of £448,000 in the notes in circulation, and of £1,472,000 in the current accounts. Active Circulation Increase Bullio n Rest Decrease •.• Increase •.. ••• Public Deposits ... Increas e •••• Other D eposits Increase ••• Seven Day and Other Bills Increase Gover n •• inent Securities ... Two O'CLOCK. At the Paris Bourse this morning, according to Reuter's telegram, the Three per Cent Rentes were quoted 65c. 15f. Great agitation. To day being the fourth of the month, a consi derable quantity of commercial paper has arrived at maturity, trade being extremely active, and it is satisfactory to be enabled to state that up to the Present moment engagements have been met in a .ver y satisfact ory manner, no f a il ures o f i mportance having occurred. Credit, in fact, is remarkably well sustained, and all but ultra-speculative firms had no difficulty in obtaining all the accommoda tion they require. or V ery littl e c h ange h as taken place in the market for Consols, the latest prices being 861 for money, for the 9th inst., and 87 1 for the June liqui bedation. The t ransact i ons are not very numerous, cause the speculators are awaiting the progress of „I b udget, a n d t h e rece i pt of further advices from l ue Conti nent about the Prusso-A ustro-Italian ques tion, The latest intelligence, from Paris especially, N o en gendered more con fid ence i n C i ty circles. fo _ alter ation of impo r t ance i s s h own i n t h e pr i ces '3 tile New Threes and Reduced Annuities, which ,iveain at 841 851 ; Bank Stock is 2421 244 ; India na per Cents. are 1051 a ; ditto Debentures, 1001; and ditto Bonds, 16s. to 20s. prem. Foreign Stocks have varied in prices, and several changes o f importance have occurred. Spanish vassive are 241 11i 251. ; the Certificates, 151; Greek, 361 s l 2 ; Italian, 434 1 ; Turkish 5 per Cents., Mexican, 19-i ; ditto New, 17 ; Brazilian er g ) , 6 1 5i di s . ; E gypt i an Railway Loan Scrip, 2. dis. ; an d the New Egyptian Loan,l prem. United States G overnment 5-20 Bonds are 681 1; Erie Shares, 481 49 ; and Illinois, 78 79. Business in the Railway Share Market has been ve ry quiet, an d pr i ces generally are a shade flatter. Great Western have declined 11 ; Metropolitan, 1; Great Northern A Stock, ; and Midland and South Eastern each 1. In the Foreign and Colonial lines there has been no material change as regards values. Bank and Miscellaneous Shares are dull. Alli ance are dealt in at 211 221 ; London and County a t 7 8 ; Imperial Ottoman, at 1051 j-; Credit Fon cier and Mobilier of England are marked 1 dis. ; International Financial, 11 1 dis. ; London Coancial 8+ 8 dis. ; a n d O veren d, G urney, and 1 dis. BRITISH FUNDS—ONE O'CLOCK GeVERN MENT FUNDS. . Der Cent. Consols , .1)0. Account, May 9 B6-- i 0 per Cent. Reduced bsk 4i KT_ w _ . Newd per Cent 85i 41 `low 2i per Cent. Jan. 1894 D A 0 5 per Cent. Jan. 1873 'lntnties, 30 yrs, expire sth Jan., 1880 DO for 3U yrs, expire sth April, 188 a — 0 (Red Sea Telegraph), Aug, 1908 — March. June. Exche Dquer Bills, £l , O OO, 3 per Cent. £5OO — BanlP ° £lOO and £2OO 242 k 4 , (I; England Stock, 5 per Cent uo Account IN- DI A - -,,, GOVERNMENT SECURITIES. I •' ndian Stock, 10i C t April 1874 — D°per en ~ Pr,u• Account 105 k -°. 5 Per Cent. July, 1870 ~s 4 per Cent., Oct. 1888 — Do. Certificates .Nuo• Enfaced Paper 4 per Cent — , u n• 5 per Cent., Jan. 1872 °. 5 i per Cet., May 1879 — Do, Delp., 4 per Cent Aug. 1866 Do. ~ 100 i 1)0' Bonds, £l,OOO — 20 16 pm ° under £l,OOO •ix . -FOREIGN FUNDS—ONE O'CLOCK. m :1443 geutine R epublic, 6 per Cent., £l5 pd — P trian Donets, 5 per Cent 1859 1511 , 2i littn 5 per Cent uo. 41 per Cent 1 85248-60 D 0. ., _ 1)0. 1863 ~, 186,5 eu, • (alp, .£lO paid IIOS AyrOS 6 per Cent — ai o 1 Obji. Per Cent (Deferred 3 per Cent.) a a 6 to (~ .per Cent . pm D° Sc .Per £25 paid D. 41 per Cent C ol °' 6.Pescent _..... , ,01nbian Iler , uo a , 6 ~., Cent. baj a il', l , Per Uent. th "' Per Cent., 1825 N.: 4althijau -rincipalities cti .(..or New Consolidated, t• 0., Provisional Land Warrant 1 per Cent — 8 3'ptia t 7 per Cent 1.),0., Second Issue — uo £lOO Bonds 4-1 ~, Do. ~ul' 0 4100 130 1 1864 B6 90 wads 1)0 X5O Govern nleut Railway Deb en t ures BB . paid 11. dis heek account ents. 1824-5, ex Coupons ~uO. Coupons ilLo, A ccount liaateraala 5 per Cent. D 1 1 0 4 . 4 4 5, per Cent 1865 Lcount 62k I,lo°. kareraraana Railway tiZiear, 3 ri b, per _ .... cent 191 'O4 Accctunt _ t, D o 1864 m ' - ' 0 6 per Cent. Anglo-French Ontevidean 6 per Cent., £3O paid tiA°,,,,°ll.sh Imperial 5 per Cent ___. -,. Granada 32i - ,0 2 per Cent ..... -1,-,,0 Deferred ___ Bo`'° Land Warrants (Hectares) _ D° 6,per Cent, 1864 t , `'° u aranteed, 4 per Cent Nviau 5 per Cent., 1865 , I , 110 Account 4 oriigue_ ..._ ) 00. 3 per Cent., 1853 i n ° 3 Per Cent., 1856, '7, '9, 44 } h 'O. iteCulait '6 o, '62, '3. 'l,ssian 5 per Cent., 1822, £St — '''.,° 4 4 per Cent. 1850 .4-,0 41. per Cent 1860 ~ ! ) , 0 3 pet Cent. 1859 87 5 '`° 5 per Cent. 1862 90 s "0 5 per Cent. 1864 4!',dinian 5 per Cent s "04 Account n'ilisti 3 per Cent 1-,,!0 Account 41} '',)o New Deferred 4-',.,0 Account hlie Passive 22 tijapsh Cert. of Coup not funded 16 151 °Account ................................... Wedi ki h 4 , , ,0 per ~.,ellt, T "-. 1 , : 4i- per Cent. 1864 ah 6 Per Cent. 1854 — gr)4-10 Account —6ll 6 per Cont. lBL.i -° 0 Acc°ll° t 4. to.£loo . 6 per Cent. 1 . 862 ... Account 00 XlOO Bonds D ° 6 Per Cent.,1863 *,° 5 Per Cent 1865 paid up Scrip 3i i 301 - , .,-0 P e r " ' vgo, 2ll. 4 e ll2.. a er 3 C p e e n r t .C G en u t aranteed _ 1)0itto account . ~0 per Cent , 1862 — 4uo Account . 321 11 t. 1864 I) tol, 1-`i•Quaos on the above payable in Lonuuta. _ 1 1 - j;"` 4 Per °Aut., Ex. 12 Guil _ pi, ,1)!er Cent. Certificates it Tien gentes 3 per Cent. 4 ,, , kn 5 , Cent. 1861, Ex. 251. "u° IteePennt .. ~ ...,... ......................W 404 }O,4CLOCK. T C° 4B le r Z, 0 - .or rn - onej .............................. B _6l I i°4 Account ................................... :fiiiit I;)l4l4°464CC9l4llltinttettrttoisttutit SHARE MARKETS, This Day. ORDINARY SUARES AND STOCKS. Share, Railways. I p aid ) Closing I Business t Prim done. (Bristol and Exeter Caledonian Cambrian 89 91 127 128 55 43 13 15 3 5 67 70 70 72 Fork and Bandon, Cornwall Dublin & Belfast June Dun„Perth, & , (b..June 1 4(1.London, scrip Certi 1)0. Glasgow & S. Western' Great Eastern, ( )rd. st Do. E. Angl. at No. •! Great North of Scotland Great Northern 20 15 d 113 113 391 4 t, 6 7 D A stock Do. B stock Do. New, is. at 25 pn , GtS, and W. of Ireland Gt. Western -Original Do. 6. Vat. Rail gua, Do. South Wales Do. %V Mid.—Oxford . , Do. Newport to. Hereford Lane +shire & Yorkshire L,,ndon and Illackwall Lon., Brigh., & S Coast ,Lon., What., and Dov,i, 1 1 Do. Metrop. hx. A & :North Western Lon. & South Western IMan., Shel., & Lincoln Metropolitan Do. New Do Extension Metropolitan District Do. du. do. 'Do. and John'sW'd %lid and 122 124 1 6i 137, 56,1 57, 57 59 33 40 31 3) 120. 121 95 07 28 23 tcol 20, 9e 43 61 63 2 3 2& 3if )g, 94 (i 5 Do. £9 Share Do, dirnain . dz Dal b id Kent 123 123 2 ; 92 14 No. th British '''''' • Do. Ed., Pth. ' & Dun. th. Eastern—llerwie: Do. ti.A •E purcha..t. Do. Leeds Do. York t.B 6 27 109 au 71 72 109 110 Do. Carib+le .... Do. , tock.& Darling Do. slo. 1860-61 orth London .. Do. do. 18t4 Do. 10. 1865 north Staffordshire 36 483 10 1! p 120 :21 1 2p I 2p 74 76 iOB 11Z 119 , 51 68 fix N. & S. W. Junction : 'cottish C. utral ,cot. N. E , Abcr. stock o. Scot, Mit]. A,,ck.. Shropshire Union , out 6 Devon.. outti E stern 48 50 73 74 8 9 140 tl3 values, Wok., & Wok l'aff Vale Do. C Vale w Neach Waterford & Kilkenny Waterloo & Whiteha IVest Cornw 1 3 , [OO .03 52 `4 BRITISH Atlantic&St.Lawrence Bom.,llaroda. Cen.ln. gu. 5 per cent... Do. F shares Buffalo Jz Lake Huron Do Preference Buff.,Brant,,k Goderich 6 p.c. 872-3- .••••••• Calcutta & S. E., Ifni al e Town & Dock, gu oemerara, 7 p.c. per. p r.ast. Ben al, gu., 5 do East I. gu. 5 Do. .1 Extension orand Trunk ot Canad Do. Equip. Mort. Bonds I charge 6 p.c Do. ist ref. Bonds Do. do. deferred Do. 2d Pr I. Hondo Do. do. deterred 1i0...d Prof:stock Do. do. deferred ... Do. 4th Pret. stock . Do. do. deterred ... Gt. India Pen. gua. sp.c. o. Gua. 5 per cent Do. New gua. 5 p. c Gt. South of India gun. 5 per cent D . 4 per cent.... Do. f ;mat W s. of Canada..) D‘,. New .. Do. 6 p. c. Bds. pay 187 .0.5‘ do. pay. 1877-s.. Indian Branch, limited Madras, gna. 5 p.o Do. 4; do. Do. 4i do Do. Filth 11;xtensioi Meth. Cor. 6 p. c. Bnds Mel.. Hudson's tsay N. RI. C'da, 6pclst pf. be Scinde Do. Delhi A 0 Do. do cs Do. Puniaub Do.lndus St Flo COLONIAL GO VER: British Columbia, 6 per cent., Dec. 31,1872.. Can.Gov.6 p.c.Ja.&July 1877-r-4 Do. 6 p. c. Feb. & Aug D sp. c. Mar. & Sept Ito. 5 p. c. Jan. & July Do. 5 p a. Inscribed b Cape G. Rope, 6 p.c. 187:: Do.Apl.&Oct , 1890-190 e Do. do: IsBo-9 Do. Jan.&July, 1890-9 Do. 5 per cent. 15 April ano 5 Mt., 1900.... Ceylon, Nuv. 1868, 6 p.• Do. 1878, do Mauritius, > p. c, 187;i, Jan. and July Do. 1 78 >co. 88', May .5. Nov. Do. leos, Feb. & Ki ai uv. 0 pet cent N. 13. Gov p.c.J N. !,.W.Gov.sp•c.,lBr. Do. 5 p.c. 18 1 to ,87 Do. 5 P.c. 1888 to 189 I , ew Zealand, 6 p. cent Do. 5 per cent.... .. Nova Sc tia Gcv. 6 p. sterling, 1875 ueensland Gov. 6p. c Aus.Gov. 6 p.c 18e8- Do. 1878 Sr upwards Vic,uov. 6 p.o. Ja J ul) Do. do, A prig & Oet 1 BRITI cam. Consul. bold, liw Chiverton 'lifford A malgamated. Devon G. Cons. (Tav►st. I , rake wal La.., East Bassett (Mogan ) t.ast Cara , ion Easi, Earn Brea s.ast Grenville East Gunnislake .. East Love 1 E. W'► Russell Tavistk (ism.ez StAubyn(G weu. Gr• at L xey, limited Great South Tolgus.. Great Wheal G. Wheal Vor Heist 6 7 10 12 520 64U 18 20 80 7: 3 Si 30 4 I 8 9 3 30 5 7 21 :2 I 1 - 1 1i 20 22 '44 3 35 40 40 5 4 8 21 lid 35 40 13 15 1 I 4 1 Grenvibe erod's F00t..... ilingston iiOwn s M a r g aret Uny Lelant Marke Valley wy dy Iron Ore, Rib N en , Se ton North Roskear Wh *1 Bassett ( I Ilogran North Wheal Crofty Prosper united... Pr vidence Uny L .lant S. Caradon .St. Cleer) South Condurrow S.Wheal Fran. tillogan *stray Park Tin Croft 32 34 375 400 I 5 20 4 6 13 15 3 5 Vigra and Cl gan, Um West hassett (11.ogan W. Caradun L .skeard West Chiverton 7 8' 874 72i1 130 140 80 85 20 22 3 20) 2 0 ,3 15 West Seton. Wheal Bassett ',Mogan Wheal Buller (Redruth Wheal Vary Ann (Men Wheal Seton Wheat Ttelawney (I,tB PREFERENCE SNARES AND STOU London, Brighton. &c., 5 per cent., 1803, 102} Metropolitan 5 per cent., lu2 rUItEI GN RAIL WAYS, Dutch Rhenish, 20, ►ttoman (Smyrna to Aidin), 81 South Austrian and Lombardo Venetian, lsi a BAN lib,, lim.. 221 11 Anglo Egyptian, ; din., 7 6 Bank of London.. 2f. Chartered Bank of India, Australia. and China. 20 Chartered •ler. of India, London, and Chlrta, 401 t olonial 461 Consolidated Bank, lim., 81 East London, lim„ 4 English, 6co eh, and Australian Chartered, 23 t , luropean Bank, lim.. 7 6 .i Imperial Bank, Bin.. 28 imperial ottoman Ditto. new, 10 91 London auh County. 78 :.oudon and ,► ebtininster. iriental Bank Corporation. 96 Union of Australia, 51 Union of London, 631 1 41 DOCKS. ondon and St. Katharine, 71 AIISC'ELLAN Credit Fonder and Mobilier of England. 11 I Egyptian Com. and 'trading, Ina., 21 1 Jen. Credit and Flusiakie 01 3* 3 udson's Bay, 151 Imperial Land Company oi Marseilles, Um.. If lutperl,,l mercantile ureait glib., 51 7ij International Financial , ociety, lira. , 3i , London Financial Association, lim la 12 L..noon , enerai Omnibus Company, Lim, 31 aras Dr gation and Canal, Ditto (all), Is National viscount =rainy, 121 Ditto, issued at 5 prem.. of which 3/ is to pay, 5 Overend, Gurney, and Co., lira., 141,1 H Peninsula and Oriental steam, Ditto, new, 514 Viceroy of Egyi,t, Mortgage. Loan, 16i RATCLIFFE'S LATIN LESSON. " Now listen, Kathy, and tell me if that sounds right," Ratcliffe began. " Turn then Dido—Dido —demissa, having thrust off or castaway. Leviter volturn, her short face ; stay, I'm afraid those two words can't bo coaxed to go together, but at all events I know vo/tum is a face, so don't bother to look for it ; let's try again. Then Dido having, in short, thrown away her face profatur, set tort"), solvite ccrde, with an untied or unfastened heart ; metum Teucri, to meet the Teucrans." " Oh, but stop a minute, Ratty," exclaimed Kathleen ; " how could Dido go to meetthe Teucrans, if she bad thrown away herface ? and, besides, can met= possibly be a verb ?" " Oh, bother ! yes, to be sure it can—a disgusting supine, you may depend 'to meet the Toucrans'—yes, that goes very well. It is oddish about Dido's face certainly ; but, never mind, she's always doing something odd. There's no nominative case in the next sentence, I declare. Well, Mr. Ward will have to do without a nominative case, that'e Judy's Magaria for' May. lESSIONS, 64 53 1(3 104 4i 5 8 9 76 60 96 98 62 67 11N) 102 101 102 1t , 3 041 9 .2 24 85 87 63 C 6 55 6 55 57 50 15 41 4; 4'l 41 25 27 25 27 1091 1 tit 14 2 p 14 2 99 101 91 93 151 i 6 5 4a 1 91 q 6 83 5 1} 0/ 100 tul 91 113 86 8S (11 8 8 99 100 98 99 97 99 T SECURITI NIS. 92 94 3 00 S'3 7, 10.1 76 79 It, ';64 K 2 104 112 104 IU2 86 84 2 5 I 7 iO3 IPS 107 ..09 164 (CB .1.4 .06 99 .01 90 g 5 87j '8 91 96 72 7 . 10 gg 'U 105 07 103 104 NES. rst 20 `2Ol 10 100 100 100 140 all 100 5 100 all 100 100 6.13.4 10u ;00 100 all tot) all !00 100 100 FOSS: M 2.1.0 29i 2. 4.0 8.3. t 3.9.0 1u.8.. all 0. 4.6 14.9.6 S. 10.0 5. i 0.6 13.17.6 4.1,46 4:1 4.4.6 2.13.( 7.1. 6 10.6.7 3.2.6 18.18.0 W 15.6 THE SUN, LONDON, FRIDAY EVENING, MAY 4, 1866. Z.k..1 1 -Al-410 I[olll4 it -04 HER MAJESTY. OSBORNE, Thursday. The Queen went out in the grounds yesterday morning, accompanied by Princess Helena and Prince Arthur, and drove out in the afternoon with Princess Helena. Lord Alfred Paget and Colonel the Hon. A. Har e dinge have succeeded Major General the Hon. A. Hood and Lieut.-Colonel Du Plat as Equerries in Waiting. RETURN OF THE QUEEN TO WINDSOR WINDSOR. CASTLE, Thursday. The Queen, accompanied by their Royal High nesses Princess Helena, Princess Louise, Prince Leopold, and Princess Beatrice, left Osborne to day at a quarter-past two, and arrived at Windsor Castle a quarter before six o'clock. The suite in attendance consisted of Lady Churchill, Lady Augusta Stanley, the Hon. Emily Cathcart, Lieut.-General the Hon. C. Grey, Lord Alfred Paget, Col. the Hon. A. Hardinge, Sir Jas. Clark, Lieut. Stirling, Mr. Sahl, and the Master of the Household. His Royal Highness Prince Arthur, attended by Major Elphinstone, left Osborne this morning for Greenwich Park. Lord de Tabley and Lieut.-General Sir H. Ben thick have arrived at the Castle as Lord and Groom in Waiting. The Hon. Florence Seymour has also arrived as Maid of Honour. THE PRINCE AND PRINCESS OF WALES. The Prince and Princess of Wales, accompanied by Prince Alfred, and attended by Viscountess Walden, Lieut.-General Knollys, Major Teesdale, and the Hon. E. Yorke, visited the Royal Academy yesterday afternoon. The Prince of Wales afterwards went to the House of Lords. The Prince and Princess of Wales, accompanied by Prince Alfred, went to the Royal Italian Opera in the evening. Prince Alfred, attended by the Hon. E. Yorke, arrived at Marlborough House on Wednesday even iLg from the Continent. FRAN CE. PARIS, Thursday, 4.20 p.m. CORPS LEGISLATIF. To-day, at the commencement of the sitting, M. Rouher, the Minister of State, said that the policy of the French Government was essentially pa cific ; that her sincere desire was to hold aloof from the conflicts of other countries ; that the French Government would see with in finite displeasure and regret Austria attack Italy. Such an attack would be very serious to the French policy, but that if Italy were to commence hostilities against Austria, France would abandon her to the chances of that adventure. M. Thiers (who is now speaking) is entering into a long statement of the German policy, It is believed that M. Rouher will speak again at he close of the debate. French Rentes 65f. sc. The American Coal Fields. Mr. HUME BURNLEY, in a report sent to the Foreign Office on the coal-fields of America, informs us that the whole extent of the coal area in the United States has been usually divided into four principal coal-fields or tracts, viz. :—The Great Central, Alleghanian or Appalachian coal-fields, extending from Tuscaloosa in Alabama, through Eastern Tennessee and Kentucky, Western Vir ginia, Maryland, Ohio, and Pennsylvania, and re appearing in New Brunswick and Nova Scotia. This field has been computed to cover within the United States an area of 50,000 or 60,000 square miles, of which about 40,000 square miles, or 25,600,000 acres, are considered workable area. It is subdivided into eight minor divisions produc tive of hitinninous cool Thp .+....•- pies the greater part of Illinois and Indiana, and in extent is nearly equal to the first. A third field covers a large portion of Missouri, and the fourth the greater part of the State of Michigan. The Chesterfield bituminous coal-field, a detached dis trict of small area near Richmond, Virginia, con tains the oldest-worked collieries in America, and for many years furnished the only supply of coal for the seaboard towns. The greater part of the area of workable coal in the bituminous coal-fields above-mentioned remains as yet undeveloped. The detached basins of anthracite coal in Pennsylvania, which form one of the most interesting of this great coal-producing territory, though limited in aggre gate area, as yet produce considerably more than all the others put together. The coal area of the United States, according to Taylor's " Statistics on Coal," a work published in 1855, was estimated in 1845 to cover 133,132 square miles, or 85,204,480 acres, which was nearly one-fourth of the total area of the twelve States in which the coal formation lay. It was equiva lent to nearly three-fourths of the coal areas of the principal coal-producing countries of the world. Of this area 8,397 square miles were to the west side of the Missouri River, and 124,372 square miles east of the Mississippi River, whilst 437 square miles were occupied by the anthracite de posits of Pennsylvania. More recent estimates (from the report of the Commissioners of the General Land Office) have made the American coal fields, so far as they have been developed, to cover nearly 20,000 square miles. The coal areas of Great Britain and Ireland, by far the most productive in the world, are estimated to cover about 1'2,000 square miles, or one-tenth the entire area of the kingdom. The coal formations of British America are computed to have an area of 18,000 square miles. Iu 1845 the production of the British coal-fields was set down at 31,500,000 tons annually. The product of 1858 was stated to be upwards of 65,000,000 tons, worth at the pit's mouth £16,700,000, and in 1863, according to the Philadelphia Board of Trade, quoting from British official sources, 86,292,215 tons, valued at £20,572,945. An eminent geologist estimates the average thickness of the workable coal in Great Britain at 35 feet, and the total quantity of work able coal at 190,000,000,000 tons. If the whole area of the productive coal-fields of North America be taken at 200,000 square miles, and the average thickness at 20 feet, Mr. KENNEDY calculates that their product will be 4,000,000,000,000 tons. The relative size of the coal-measure of the United States and other countries has been made more ap preciable by taking the amount of workable coal in Belgium as 1, then that of the British Islands becomes rather more than 5, that of all Europe 84, and that of North America 111. Professor ROGERS, in a work on the coal-fields of the United States as compared with those of Europe, calculates that the United States has 1 square mile of coal field to every 15 square miles of territory ; Great Britain, 1 to every 30 of surface ; Belgium, 1 to every 22i- ; and France, 1 to every 200 miles of surface. The relative superficial magnitude, he observes, of the coal-fields of the countries posses sing coal will be recognised if we compare them by some simple unit of measure. Let this be 100 square miles. In this case—Russia will be repre sented by 1 ; Spain, 2 ; anthracite fields of Penn sylvania, 4 ; Westphalia and Bohemia, 4 ; Belgium, b ; France, 10 ; Rhenish Prussia, 10 ; British Provinces of North America, 17 ; British Isl an d s, 40 • Europe, 75 ; Pennsylvania, 126 ; Appalachian coal -field, 556 ; the entire coal-fields of the United States, 2,200. Whichever way the foregoing figures are taken, they clearly represent the enor mous coal-producing power of North America and the vast wealth of mineral possessed by that country. Liverpool Cotton Market--This Day. Moderate demand. Sales.probably 6,000 or 7,000 baled, SPORTING INTELLIGENCE—This Day. SALISBURY RACES.--THIS DAY. IBY ELECTRIC TELEGRAPH.] HANDICAP PLATE. Tattoo Mongrel ..... Crythea Nine inn. VICTORIA CLUB BETTING—THIS DAY, GREAT NORTHER"; HANDICAP. Gto 1 agst Redcap (taken) 7to 1 agst Cathedral (taken) 7to 1 agst Windham taken) Sto 1 agst Regalia (taken) 10 to 1 agst Dalby (talon) 10 to 1 agst Miss Haworth (taken) 10 to 1 agst Moulsey (taken) 12 to 1 agst Friday (taken) DERBY. 3to 1 agst Rustic (ofbred): THE MURDER IN CANNON STREET. - r ---- FURTHER EXAMINATION OF THE ACCUSED.— MANSION-HOUSE THIS DAY. The accused William Smith, who stands charged on suspicion with being the murderer of Mrs. Sarah Millsotn, was placed at the bar for further exami nation. Mrs Bailey repeated the evidence she gave at the coroner's inquest on Wednesday, but in cross examination she admitted that she had been con victed of begging, and that she, could not say where she passed the day previous to teeing the prisoner on the night of the 11th of April. Her evidence was altogether much shaken. An additional witness named Smallman said,—l saw the prisoner on the 4th of April, in the evening, at Bevington's. I was on the same side of the way. I heard the prisoner call the person he was talking to, " a wretch." He appeared to be talking to a kind of female. Mr. Scarth objected to such an answer. The Lord Mayor—Did you see the person inside ? Witness—Yes. It was a female. I saw her pass a piece of money to the prisoner. It was silver, but I can't pay whether it was sixpencce or a shil ling. I heard him say, "Is this all, you wretch." Prisoner turned round and said t o me, " What do you Te prisoner want iso h e e r had re. a short "IrePli replied, " This is my b us i ness. " stick in his hand. It had a knob at one end and a dagger at the other. It was like what the " swells" used to carry in the anti-garotte days. Thestick was similar to that which can be seen in many shop windows in the City. I saw the dagger at the end of the stick, and I heard the prisoner say, " In a short time I'll do for you, you wretch." I picked the prisoner out from 70 or 80 others yesterday in Newgate. cf my bein g a t London _ % on e 4th was th a t I went to Cross-examined—l live itt Barnsbury, and a m a b co ri s d t g er e m o o n n t g h e e n n ig T h h t e o r f e a see the boat come with shrimps. I sell them. The ship I saw come in was the Nora ; she brings shrimps and salmon from Holland. I went to see whether the ship came in in order that I might know what to do in the morning. I always buy my shrimps of gsgate. I know it was betA l‘ v i e r e . n j ni e n n e ni a n n g d a in qu ß a i r l t l e in r past nine in the evening when I saw the prisoner, as I looked at the clock in Cannon-street. I was standing near Beving ton's when I did so. The prisoner, when he had finished talking to the person, ran off towards Ludgate-hill. The Lord Mayor—Where did he put the stick you spoke of ? _ Witness—He pulled open the left side of his coat and put it underneath it. John Whitehouse—l ama surveyor, and li ve a t Eton. I met the prisoner in the Slough-road be tween ten minutes and a quarter to seven on the evening of the 11th of April. He wore a hat, and had to the best of my recollection a stick in his hand. The place where I met him was between the Fifteen-arch bridge and Eton College, and a mile and a half from the railway station. Cross-examined—Prisoner was not walking at the rate of six miles an hour. I know the Jolly Millers beer-shop in Eton. It is over two r - - 12 es from the station. lam s ure a b ou t th e ~;s l it, as I recollect there were some private c,neatricals at th e college the saute evening. I have often met the prisoner before on the Slougb-road. Mr. Wontner—That, my lord, is all the evidence I have to offer to-day. I have to ask for another remand. Mr. Scarth—l really think we should know when the case is likely to be completed. It is a great hardship to the accused to be so frequently re manded. I hope the evidence will be considered to be completed on the next examination. The Lord Mayor again remanded the prisoner till this day week. MARKETS.-- Ilia Day. MARK-LANE. Fresh up to our market to-day the arrivals of home grown wheat were but moderate. The condition of the produce was only middling. The trade for all qualities ruled quiet, but factors were firm, and Monday's currency was supported. The market was fairly supplied with foreign wheat. There was a moderate demand for most descriptions, and prices ruled firm. Floating cargoes of grain moved off slowly at late rates. The supply of English barley on sale was very mode rate ; of foreign, good. The trade was quiet on former terms. Malt was in slow request at. Monday's currency. The market was well supplied with oats. Good and fine samples ruled firm, at full currencies, but for inferior qua lities the trade was slow, at late rites. Beans and peas met a slow sale, at Monday's quotations. There was only a moderate demand for flour, at late rates. SHIP ARRIVALS THIS WEER. Wheat. Barley. Malt. Oats. Flour. English and Scotch 930 310 2960 1010 880 Irish Foreign 16,080 3,350 28,930 510 sks. bl.. NEWGATE AND LADENHALL. These markets are moderately supplied with meat. On the whole the trade is steady, at our quotations. Yer 81b by the carcase. 8 d s CI s s d inferior beef 32 3 6 I n f er i or mutton.... 3 d 6 4 2 Middling do. 3 8 3 10 Middling mutton.. 4 4 5 0 Prime large do 4 0 4 2 prime do 5 2 5 6 erime small (10.-4 4 4 6 Veal 4 10 5 8 Large pork 3 10 4 4 small pork. 4 6 410 Lamb. 6s 6d to 8a Od. BOROUGH HOP. In most kinds of hops the transactions have been to a moderate extent, at about late rates. New Mid and East Kents Bos to 140 s per cwt. New Weald of Keats New Sussex Yearlings —s to —s „ COLONIAL. TEA—Business remains very inactive, and quotations are without alteration. SUGAR—The market continues quiet, and only moderate dealings have been reported in West India, at almost former values. In the refined market only a limited quan tity a goods have been on offer. Common lumps and titlers are quoted 445. 31. 445. 6(1. per cwt. COFFEE—There has been a moderate inquiry. Superior qualities of Plantation and Native Ceylon both maintained previous rates, while other descriptions sold at a decline of about ls. per cwt. RICE.— Business continued dull, and a decline of 3d per cwt. was established in inferior descriptions. Tl ' ana prices for both pre sent area dull, shade lower. P.Y.C. on ra d a the spot is quoted 47s to 478 3d, and A last three months' A l ° forward "w.—T h ° delivery market; delivery, 48s 9d to 48s 6d per cwt. GREEN num.—Bad weather has checked consumption, and the improvement in the price of oranges noted last week has been lost ; some parcels St. Michael, Terceira, Valencia, and Sicily, sold by Keeling and Hunt at public sale, went at a reduction of is to 2s per package. A mode rate demand for lemons. Nuts of all kinds are firm. SHIPPING INTELLIGEN'OE. —This Day. LONDON, May this day at noon—South- Westerly; moderate breeze, and Rue weather, but rather cloudy. LIVERPOOL, May 3.—Wind S.W.— Arrived—Christina, from Pomaron ; Ada Wilson, screw steamer, from Bor deaux. CLYDE, May 3. Wind S.E.—Arrived—Erromanga, 'ronl Old Calabar. QUEENSTOWN, May 3.—Wind S.E.—Arrived—Pallas, from Trieste. Sailed , -Julia, IL A. Walter, and Floeiwing, for Liverpool. SPORTING INTELLIGENCE. SALISBURY RACES -THURSDAY The CRAVEN PLATE (handicap) of 50 sous, for 3-yr-olds and upwards ; winners extra. Five furlongs. Mr. Brayley's Mongrel, by Surplice, or Pelion—Elcot's dam (h b), 4 yrs, 7st slb (Murray) 1 Marquis of Hastings's Professor Anderson, 3 yrs, 6st 111 b (inc. 31b ex.) (H. Day) 2 Mr. J. H. C. Wyndham's King Christian, 6 yrs, Est 101 b Whl Sir F. Johustone's Cranford, 3 yrs, 7st Sib.. 3 (11. Cove itehory 0 Mr. J. B. Starky's Jassy, 4 yrs, 7st ............ (S. Adam's 0 Mr. Payne's Dulcimer, 4 yrs, Gst 71b (801t 0 n).... 0 Mr. Smith's Cairngorm, 3 yrs, Est 51b ........... (G Sopp) 0 Mr. Sherring's Hulks; 4 yrs, sst 91b Bing Christian, Betting-6 to 4 agst Holkar, 4to 1 agst 100 to 15 agst Mongrel. They wore despatched at the first attempt to a good start, but in a few strides King Christian, iu the centre of the course, went to the front, attended by Mongrel and Cairngorm, Professor Anderson well up on the stand side of the course. At the distance Mongrel showed slightly in advance of the other two placed, and the three drawing away from the others, ran home a close race, which ended in favour of Mongrel by a neck, King Christian beaten two lengths for second place ; Dulcimer, many lengths off, was fourth, Cairngorm fifth, Holkar sixth, Jassy next, Cran ford beaten off. At the scale f..n objection was lodged by the trainer of King Christian against the first and second, on the ground of foul riding, and subsequently the rider of Professor Anderson lodged an objection against King Christian on the same grounds. Th e St ewar d s , however, after hearing evidence, confirmed the judge's decision. The CITY BOWL, of 25 sovs value, added to a sweepstakes of 5 sovs each, for 2-yr-olds and upwards; weight for age, with selling allowances. Five furlongs. Marquis of Hastings's King Charles, by St. Albans—Con tadina, 2 yrs, sst 101 b (£2O) (Kenyon) 1 Mr. W. Day's Rebecca, 2 yrs, sst 71b (£60)...(T. Sadler) 2 Lord Rendlesham's Preferment, 3 yrs, 7st 101 b (£2O) (Parry) 3 Mr. E. Brayley's Chicken Hazard, 3 yrs, 7st 11b (£4O) (Cannon) 0 Lord Westmoreland's f by Vedette—Glimpse, 2 yrs, sst 71b (.£2O) Mr. Payne's c by Wild Dayrell—Colonist's dam, 4 yrs, Bst 81b (X2O) (Challoner) 0 Betting-5 to 2on King Charles, 100 to 15 agat any other. They were got away nearly in a line, but in a few strides Preferment showed slightly in advance, but was soon headed by Rebecca, on whom the favourite, pulling hard, waited till half the distance had been run, when he took up the running, and won easily by three parts of a length; about a length separated the second and third. The Colo nist dam colt was fourth, Chicken Hazard next, and the Glimpse filly last. The favourite was bought in for 100 guineas. The WILTSHIRE STAKES (handicap) of 25 sovs each, 15 ft, and 5 only if declared; winners extra ; the second to save his stake. Two miles. 53 subs, 25 of whom declared. Mr. Treen's Morris Dancer, by Lord of the Isles— Maggie Lauder, 4 yrs, Est 51b (Curtis) 1 Mr. G. Payne's Pintail, 5 yrs, 7st 101 b (includ 61b extra) (Challoner) 2 Captain G. Day's Stinger, 3 yrs, sst 91b (Kenyon) 3 Lord Rendlesham's Effervescence, 3 yrs, Est 61b (T. Sadler 4 Mr. E. Brayley's Lady Florence, 4 yrs, Get (car 6st llb (Mumay Betting-6 to 4 agst Pintail, sto 2 agst Lady Florence, 9 to 2 agst Stinger, 6 to 4 agst Morris Dancer, 8 to 1 agst Effervescence. Almost immediately after starting the favourite took a clear lead, followed by Stinger (pulling hard), Lady Flo rence, Morris Dancer, and Effervescence, who went on clear of each other in the order named. They ran thus out of the straight, when Kenyon took a pull at Stinger, who dropped into fourth place, leaving Mr. Brayley's mare (who was several lengths in advance of Morris Dancer) in pursut of Pintail. The latter carried on.the running to the five-furlong post, when Stinger again drew forward and took his place at the side of the favourite, with whom he raced nearly head and head to the distance, where Mor ris Dancer, who had been lying off, came "with a wet sail," and in a few strides taking the lead, ran home an easy winner by two lengths; Stinger defeated by half a length for second place. Effervescence, several lengths off, was fourth; Lady Florence beaten off. The SALISBURY STAKES, a sweepstakes of 10 SOTS each, with 50 added, for 2-yr-olds ; colts, Bst 101 b; fillies, Bst 61b ; winners extra. Half a mile. 27 subs. Mr. Padwick's Misfortune, by Orlando—Ayacanora, Bst 91b (inc 31b extra) (J. Goater) 1 Prince D. Soltykoff's Bounceaway, B s t 61b ...(J. M ann ) 2 Mr. W. Day's Dunrobin, Bst 101 b (Parry) 3 Duke of Beaufort's Rinderpest, Bst 61b (II. Day) 0 Mr. Brayley's Mouchoir, B s t 101 b (Murray) 0 Mr. C. Capel's Allesl e y, B s t 101 b (H. Covey) 0 Mr. W. Day's Golden Leaf, Bst 101 b (S. Adams) 0 Mr. W. Day's c. Rataplan —Plentiful, Bst 101 b (J. Sadler) 0 Marquis of Hastings's The Duchess, Bst 61b -< 6 ""nnon) 0 Mr. J. La Mert's Ivanhoe, Bst 101 b (Challoner) 0 Mr. Hugh Smith's c. by Trumr-Ler Alkali, Bst 1 Olb (Kenyon) 0 Betting—Even Misfortune, 8 to 1 agst Bounceaway, 8 to 1 agst nine Duchess, 20 to 1 agst any other. little delay occurred at the post, principally ,aused by the fractiousness of Rinderpest, but the flag fell to a capital start ; the two favourites, however, in a few strides, showed in front, and after going a quarter of a mile the race was evidently reduced to a match between the pair, with whom - tr slashing race ensued ; the favourite, however, always had the best of it, and won by a head ; Dunrobin a bad third ; Ivanhoe was fourth ; Golden Leaf leading the others. SWEEPSTAKES of 5 soya each, with 25 added ; 3-yr-olds and upwards ; weight for age ; mares and geldings allowed 31b ; selling allowances. Five furlongs. Mr. Chamlierlayne's Indigestion, by Plum Padding, dam by Corunna, 4 yrs, 7st 111 b (X3O) (Whithorn) 1 Marquis of Hastings' Professor Anderson, 3 yrs, 7st 21b (X 100) (Kenyon) 2 Mr. Lapidist's The Vampire, 3 yrs, 6st 111 b (X:50) _ (PefTle6 3 Mr. J. H. C. Wyndham's The Clyde, 3 yrs, 6st 81b 450) (Eades) 4 Mr. A. Day's Humphrey Davey, 3 yrs, 6st 81b (.£5O) (Lavis) 5 Mr. Treeu's Duet, 3 yrs, Est 81b (X5O) (C. Page) 6 Betting-5 to 4on Professor Anderson, 7to 4 agst In digestion, 100 to 8 agst any other. The start was delayed for a considerable time by The Vampire, which showed temper, and refused to join his horses. Upon the signal being given, the favourite jumped off with the lead ; after going a hundred yards In digestion took up the running, was never again headed, and won easily by three lengths ; two lengths separated the second and third; a bad fourth. The winner was bought in for 200 guineas. Mr. Lapi dist claimed Professor Anderson. The OLD CASTLE STAKES, a free handicap of 5 sous each, with 30 added, for all ages ; winners 71b extra. Ono Mr. E. J. Sayers's Olivia, by Teddington—Olitipa, 5 yrs, 7st 21b (Hartley) 1 Sir J. Johnstone's Historian, 5 yrs, Bst ............ (Parry) 2 Mr. W. E. Jones's Zeloo, 6 yrs, bat 71b. (Murray) 3 Mr. J. B. Starky's Tattoo, aged 7st 71b ...... (S. Adams) 4 Mr. Hope's Signet, 3 yrs, 6st 71b (C. Page) 5 Betting-6 to 5 agst Tattoo, sto 2 agst Zeloo, sto 1 agst Olivia, 10 to 1 (at first 6 to 4) agst Historian. Tattoo made the running followed by Olivia and His torian, till within a quarter of a mile from home, when the leader (who swerved right across the course) dropped away, and Olivia took up the running, followed by His torian, but the latter could not overhaul Olivia, who won aasly by a length and a half ; two lengths separated the second and third. Parry, the rider of the second, objected to the winner for crossing, but the stewards left the judge's decision undisturbed. BETTING ON THE COURSE. DERBY. 2to 1 agst Lord Lyon (offered) 50 to 1 agst Mr. Savile's lot (taken) THE SOMERSETSHIRE .KES. Age st lb Miss Hobble ... 4 6 8 Staghound 3 6 8 Lansdown... 4 6 • 6 Black Prince ... 3 6 4 Lady Florence 4 6 4 School Girl 4 6 0 Haphazard 3 5 12 Tambourine 3 5 10 Stinger ... 3 5 9 Whalebone 3 5 9 391 i 9 136; } 96 Si 2f )201 32} I} 91 10S2 73 2 ACCEPTANCES FOR STA Miner ... Buckfoot ... Nightwatch Sandal ... Pintail ... Matchbox.,. E Age st lb ... 5 8 12 ...5 8 4 ... 4 8 1 ... 5 7 11 ... b 7 11 ... 4 7 5 rndsleigh... 4 7 2 Filbert ...4 7 2 Lord Zetland 5 7 0 Life Guardsman 3 6 9 HORSES STRUCK OUT OF THEIR ENGAGEMENTS April 11, at 10 a.m., the Rake, out of Epsom 2-year-old Stakes. April 25, after 6 p.m., Quarantine, out of all engage ments except Harpenden Handicap. April 30, after 6 p.m., Baragah, out of all engagements. April 30, after 6 p.m., Clinker (dead) out of all engage ments. April 30, after 6 p.m., Bonny Doon, out of Weston Stakes at Bath. May 1, at 9 a.m., Dunluce, Maydew, Cromwell, Stephen Langton, and Ozone, out of Ascot Spring engagements. May 1, at 6.5 p.m., Elf King and Visionary, out of Sun ning Hill Stakes at Ascot. May 1, at 6.5 p.m., Moulsey, out of Beaufort Cup at Bath. May 1, at 6.5 p.m., Queen of Trumps, out of Badminton Stakes at Bath. May 1, at 6.5 p.m., Dean Swift, out of Flying Dutchman Handicap, and Londesborough Cup at York. May 1, after 8 p.m., Lord Douglas, out of all engagements in Mr. Thellusson's name. May 1, after 8 p.m., Lytham, out of all handicaps for which the weights have bean published. May 2, at 9 a.m., Regalia, out of Beaufort Cup at Bath. May 2, at 1.50 p.m., Mr. Saxon's horses, out of Salisbury engagements. May 2, at 2.15 p.m., Gladiateur, out of Beaufort Cup at Bath. DISASTROUS FlRE.—Early this (Friday) morning a fire broke out in the premises known as the Restaurant, No. 11, Catherine-street, Stand. Several land steamers and manual engines were speedily on the spot, but the flames could not be extinguished until the basement and ground floor, together with the first floor, were seri ously damaged by Aro and water. IMPERIAL PARLIAMENT HOUSE OF LORDS—LAST EVENING. The LORD CHANCELLOR took his seat on the woolsack at five o'clock. PETITIONS. Several petitions were presented from Huddersfield and other places against any alterations iu the ceremonies of the Church of England. PRIVATE BUSINESS. The Hamilton Estate Bill was read a second time. The following bills were read a third time and passed: - Shrewsbury Bridge, Ilyde Station, Sligo and Ballaghade reen Junction Railway, and Swansea Harbour Trust. FINANCIAL POSITION OF RAILWAYS. Lord REDESDALE gave notice that on this day week he would draw their lordships' attention to this subject. STANDING ORDERS. The standing order No. 141 was considered and dis pensed with, in reference to the Sutherland Walker's Estate Bill and Lady Slaney's (Trust) Estate Bill. PARLIAMENTARY OATHS BILL. The LORD CIIANCELLOR moved the following standing order : - That the oath appointed by the Act of the present Session of Parliament, entitled An Act to amend the law relating to Parliamentary oaths to be made and subscribed by members of both Houses of Parliament on taking their seats in every Parliament,' shall be made and subscribed by members of the House of Peers betwixt the hours of 9 in the morning and 5 in the afternoon." The motion was agreed to. On the motion of Earl RUSSELL, the house went into committee on the Ecclesiastical Commission Bill, and the various clauses were agreed to. SELLING AND HAWKING GOODS ON SUNDAY BILL. Lord CHELMSFORD moved th e second reading of this bill, which increased the penalty f or Sunday trading from the ee powersshi shillings s e t f o twentyt hepolice. shi llings, and lik ew i se i ncreased (-.-ear, hear.) He intro duced exceptions into the bill with a view to ob tain a concurrence of Parliament, W hi ch might refuse to accept the measure in its entirety. Havin g quoted the eloquent language of Lord Macaulay against excessive labour, ho concluded by stating that his object was to afford physical relaxation. intellectual recreation, and reli gious worship. (Cheers.) Lord TEYNHAM expressed his approval of the pro visions of the bill, which extended its operation to the country at large, instead of as previously limiting it to the metropolis. He thought, however, that some hard ship would be.inflictea by increasing the penalty for every individual offence, the effect of which would be to consign to prison many of the poor on the verge of destitution. The motion for the second reading was then agreed to without a division. The Qualification for Offices Abolition Bill was read a third time and passed. The other business on the paper was then disposed of, and the house adjourned. HOUSE OF COMMONS—LAST EVENING. The SPEAKER took the chair at four o'clock. HUDDERSFIELD ELECTION. The report of the Huddersfield Election Committee was brought up. It stated that Mr. Crossland had been duly elected. PRIVATE BUSINESS. The following bills were read a third time and passed : Hexham and Allendale Railway ; Lancashire and York shire Railway (Extension of Time, &c.); Mid Hants Rail way ; Midland Railway (Additional Powers) ; Newchurch Parish Division ; Parsonstown and Portumna Bridge Railway ; Rochdale Water ; Tyne Improvement ; and Wrexham, Mold, and Connah's Quay Railway (Additional Powers). NEW WRIT. On the motion of Col. TAYLOR, a now writ was ordered to issue for Stamford, in the place of Sir S. Northcote. CDIURCEI RATES. Mr. BOVILL gave notice he should submit a motion to the house on the subject of church rates, the effect of which would be not only to exempt Dissenters, but all those who gave notice of their disinclination to contribute to parish churches, from church rates. JUDGES IN IRELAND. Mr. BRYAN asked whether a statement, which had appeared that a judge in Ireland had been unable to read the sentence of death upon a prisoner although it had been written for him in large writing, was founded on fact? The ATTORNEY-GENERAL for Ireland said the statement was substantially correct. Mr. LEFTY defended the course that had been taken by the leerned judge in question, and read a letter from a gentleman present on the occasion, which denied that any tbmg of the kind ever occurred. The ATTORNEY-GENERAL for IRELAND said he was present on the occasion, and he regretted to say that the judge (Chief Justice Lefroy) was quite unable to pro nounce the sentence of death in the legal form. It was at his (the Attorney-General) and the Solicitor-General's suggestion that the sentence was eventually passed in ac cordance with the law. Had the sentence stood as at first pronounced the judgment would have been illegal. Mr. 'WHITESIDE defended the conduct of the Lord Qhief Justice. He condemned the practice of asking a fhA month of May nr. a Qui-V..4 which fonlr place last August. Mr. BRYAN said he did not bring the matter forward in any party spirit. He would not, however, occupy the attention of the house that night, but he would take care that the matter should be revived on another occasion. THE CHOLERA AT CORK. Mr. MAGUIRE said he had received a telegram from Cork stating that two cases of cholera had been reported to have occurred on board an emigrant vessel lately arrived there. He hoped the Government would take the utmost precaution to prevent the spread of cholera. Sir G. GREY said he had received a telegram from the Mayor of Liverpool stating that a case of cholera had appeared on board a German emigrant ship. The telegram had been instantly forwarded to the President of the Privy Council, and the most active' steps would be taken. He had no official intelligence of the cholera having ap peared at Cork. VICTORIA PARK. Lord J. MANNERS asked the First Commissioner of Works if it was true that a bill was before Parliament which would sanction the erection of gasworks within a short distance of Victoria Park; and, if so, whether it was his intention to oppose that bill ? Mr. COWPER said h• did not think that any noxious influence would prevail from the erection of prudently constructed gasworks 34 feet from the park. He should ask, however, for th• insertion of clauses to protect the park. VOTERS AT DEVONPORT. Mr. MONK asked the Secretary to the Admiralty when the return of dockyard workmen who claimed to vote at the last general election, and who would be disqualified by clause 16 of the Representation of the People Bill, would be laid before the house ? Sir G. GREY said it was quite impossible to make any promise in the matter. THE JAMAICA COMMISSION. Lord STANLEY asked when the report of the Jamaica Commission would be laid on the table. Mr. CARDWELL said the report was very Voluminous, and, with the utmost speed, he did not think it would be possible to lay it on the table for three weeks. CHURCH RATES. The CHANCELLOR of the EXCHEQUER said that to-morrow he should move for leave to introduce a bill for the abolition of compulsory Church-rates. THE BUDGET. The house then went into Committee of Ways and :sans. The CHANCELLOR of the EXCHEQUER rose and said—Mr. Dodson, after the warm debates and the sharp crisis of last week it is with great relief and satisfaction that the Government, and that I myself, approach the handling of important public business which we hope and think can involve no subject likely to lead to angry contro versy. It will be my duty to -enter upon points, in the course of the remarks I have to make, which, as I think, possess an interest for all in this house, and especially fur those who are connected with the land and fixed property of the country. I hope, however, from the nature of the proposals I have to make, and indeed I feel convinced upon the matter, that it can only be through my own negligence or inadvertence if anything which falls from me should possibly come into conflict with the feelings or opinions of any hon, gentleman opposite, and I would beg, if it be permitted to me, to apologise in advance for any such error should it occur. I have not to-night to announce to the house the existence of any surplus revenue up= a scale such as we have had for the last three years at our dis a posa) During the last three years it has been my duty to s a um k th e on house to make arrangements relating to no ;e m ss o a ney, A nd the average than three and a half millions of in the although we move within more contracted have proposals fiscal affairs of the present year, yet I . shall fore the house the tance. My first duty is as usual to la y ear which expired on diture of the ye to make which will not be without ltaheihz•sinterest and particulars - particulars of the expen the 31st March. That asp d as finally sanctioned by 27th of April was £66,139,00:: as estimated on the was £65,014,000, or nearly the same s regards the chief the Appropriation Act there were voted for the army items of the ex pen h d e it r u e vi , ere le spent £13,804,000. Per the s6s6,tlh4eln,otohoe. e slt'Lea t.estimate actual hrseiste2x3p emndodioirt.ueurr:A; £14,348,000, and t navy there £l0 7 456 7 000, and ther e were spent w ere voted £10,260, 000 , but it will be i n the recollecti on o f the house t h a t towards the c lose of the financial year we took a con siderablesupplementary vote for the pu r p ose of the New Zealandless a sum than £764 , 00 0 was voted for that purpose, and that enabled us t o rect i fy the accounts of the army and navy by assigning to th e i r proper heads W a . No sums which had been paid iu advance for the purposes of the war, and included in the ordinary accounts of the army and navy services. When the whole of the figures are put together, therefore, the result, as I stated, Is to bring the actual into agreement with the estimated expen diture of the year. To that expenditure foi the year should ____..........e..,,„ perhaps be added an item which is not very easy to deal with, bite arep a p pea rs e i a n ar dr s a s e md b eforeua c s h p a sa us the part olfe a p e tvhe c es u l ai i tn a r nu un a ac e r l r a re tx n ap g i ne e n m d ient whetherut re u n o d r i e at r ns -er hu od h l ud e La h f, t ll i eg o et ineruet account ti t h epf e roe p uv u ri b of l u i e c debt. I refer to th e sum of £560,000 on. aapbpoveaerfelg,ooono,hoool::h s r i t y ifi g ca av ti e o , n b s, ringi whichng has the gterehess adexdpeedntdou..thuree of 186 6 up to £66 ,474,000. There is, however, a sum of forsi Indiandesof the and account, other cannotcharges, b e saidwhich, t o, form any portion of the expenditure ; so that the t total of the exp en d iture may be taken as being .C 65 424 ine 000 for the financial y ear which has just expire d. If ' I ' look for a comparison with t h e expenditure of fo rmer find that the expenditu re of 1859-60, when duly charge d rsil with what belongs to it, amounted to £69,762,000 , but in that were included large sums on account of annuities which expired in 1860 - a m uc h larger emu than the amount of the annuities since creat e d. The amount annuities which then expired was £ 2,1 49,000, aril those created since amount to £710,000, showili g a difference of £ 1,439,000 towards the extin ct i o n of . debt which was provided in the former year, and has not been provided in the years just passed. If, therefore, we take the expenditure of 1859-60, for the purposesof comparison, at £68,323,000, that of 1865-6 will be £65,424,000, showing a decrease of expenditure in 1865-6, as compared with 1869-60, of £2,900,000. But the year 1859-60 was the year in which the most important changes in the scale o 4 our expenditure were made ; and if I go back to 1858,8, and compare the expenditure of that year with the ex penditure of the year just expired, rectifying both accord ing to the rules which I have stated, I find that the ex penditure of 1858-9 was only £63,225,000, showing an increase in 1865-6, as compared with 1858-9, of £2,200,000. That may be taken as a fair and accurate statement of the condition of our expenditure at the present moment, as compared with what it was six or seven years ago. lf I look to the heads of expenditure I find they stand thus : —The debt costs us £26,233,000; our defences, military and naval, £24,829,000 ; our civil government, in which I include the miscellaneous estimates, the Consolidated re n d charges, and packet estimates, £10,250,000 ; and the col lection of the revenue, £4,602,000. As the collection of the revenue, however, ought really to be divided between the other heads of expenditure, not being itself an inde pendent, but only a subsidiary and auxiliary descriptioq of expenditure, I will treat it in that manner. Dividing it, then, between the debt, the military or defence charges, and civil charges, I find these to be the percentages :—The debt costs us 43 per cent. of the whole expenditure, the defences 40 per cent., and the civil charges, defined in the manner I have stated, the remaining 17 per cent. That may also be t a k en as an accurate statement, subject to this qualification, that in the total sum charged during the year for the expenses of the National Debt there is included a sum not insignificant, which is really in repayment of the debt through the medium of Terminable Annuities and not ac tually charged on the interest of the debt. if I compare the expenditure with the revenue of the year it is this The expenditure, according to the Exchequer account laid upon the table, was £65,914,000, the revenue, according to the same Exchequer account, was £67,812,000, showing a surplus of revenue overexpenditure of £1,898,000 . I f I were to treat the accounts for fortifications as part of the expe. n _ diture of the year, that surplus would be re d ucect to .£1,338,C00, but I shall take notice of them when I come to consider our engagements in connexion with the National Debt, under which head they ought more properly to 'b e placed. Now, it is a matter of some interest to compare th e natural outturn of the revenue at the end of the year with the estimated revenue at the commencement of tl'-es year. The estimated revenue at the commencement of the year was X 66,392,000, and the actual receipt has been £47,812,000, showing a surplus receipt beyond the estimaterit amount of £1,420,000. This surplus runs very much through the diffe rent branches of the revenue. I need not trouble the Com mittee with the figures as to each particuleir branch, but the actual revenue from the Customs has exceeded the estimate by the sum of £369,000 ; the actual receipt from the Eicise has exceeded the estimate by the large amount of £758,000; the actual receipt from Stampshas exceeded the estimate by £270,000 ; the yield of the income-tax also went beyond the estimate by the sum of £240,000. The grant of taxes to the Post-office has produced precisely what they were esti mated to produce ; and the Crown lands have yielded the same as the estimate within the sum of £5,000. But the miscellaneous revenue and the receipt from the China com pensation fell short of what had been estimated by the sum of £224,000—an amount which, in order to estimate the real growth of the revenue, ought to be added t o th e surplus I have formerly named, inasmuch as those two heads indicate a diminution merely on certain repayments, and have nothing to do with the question of the real springs and elasticity of the revenue of the country. In the same way, if I proceed to compare the revenue of the past year with that of the preceding year, I find that it stands as fol lows :—On the whole of the nine heads of revenue the re ceipts in the year 1864-5 were £70,313,000. In the year 1865-66 they were £67,812,000, showing an actual decrease of £2,501,000, in lieu of an estimated decrease of £3,921,000. But if I strike out those two heads of Miscellaneous Ile.. ceipts and China Compensation, which have no real relation to the subject, I find the actual loss was £2,386,000, in . lieu of an estimated loss of £4,028,000. So that the rate of growth of revenue, which I stated last year, on an ave rage of the six years preceding, to be about £1,780,000 per annum, amounted almost precisely to that sum. ' It may be goatee mat Iva t.eo z ........ aoOS C 41... ..e,.....,,. of M A r y.,"..... 7 . from the same source, and excluding all legislative mea sures which tend in any way to affect those sources, has grown by the sum of a million and three-quarters. It would probably have grown by a somewhat larger amount if the . circumstances of the harvest had been more favourable. But whereas in 1864 the harvest was a fine one, and the price of wheat between October and December was 38s. M. per qr.; during the same period in 1865, when the harvest was below the average, the price of wheat rose to 445. 10d. per qr., and the price of wheat, on the whole, is a very goodinverse test of the general condition of the countryand the capacity of the people to consume those commodities which yield the principal part of the revenue. If I look now to the branches of the revenue of last year as they were specially affected by the changes of 1864-5, they stand thus :—The estimated loss upon tea came singularly near to the actual loss. The estimated amount of that loss was £1,868 ; 000, and the actual loss was £1,871,000. This might naturally have bcua expected. We have generally found that, under favourable circumstances, the loss upon commodities of this kind which have been subjected to a reduction of duty is less than had been previously estimated ; but in this particular instance I am inclined to think that a motion to which this house was induced to accede for postponing the operation of the reduced duty on tea—although I don't believe we should have ultimately lost much by it—has had an un favourable effect upon the revenue from tea. But what is more important is that the stocks have been less than at a former period. The price of tea in bond on April 1, 1865, was 16d. per lb., and on April 1, 1866, it had risen to 19d. per lb. A reduction of 6d. per lb. in the duty on tea was made; and as 3d. out of that 6d. per lb. was virtually neu tralised by the increase on the prico paid in bond, I think, on the whole, we may be pretty well satisfied that the loss on this item of receipt has not been greater than was ori- ginally calculated upon. The case of the income tax shows a somewhat smaller loss than was expected. The loss upon that head was estimated at X 1,650,000, and the actual loss has amounted to £1,568,000. I have again to announce to the committee that there is one estimate which fluctuates in a singularly satisfactory and agreeable manner now almost from year to year, and that is the value of a penny upon the income tax. It has grown within our recollection from between £700,000 and £BOO,OOO until it now amounts to no less a sum than £1,400,000. (Rear, hear.) Next, I come to the subject of fire insurance, in which the house feels a deep interest, and with regard to which the hon. member for Dudley (Mr. Sheridan) recently, in conformity, I think, with the general wish of the house, forbore to make a special motion antecedently to the financial state- year 1864-5 has now been in operation fora ment for the year. The change which was ma e d a e r i a to y the duty half. That was the change which rela ted fire. We on the insurance of stock in trade a gai n st change for the full have, therefore, had the effect of that made l as t year with re spectnamely, to the larger portion of the m in actual opera has a and furniture of all kinds, A is a change the wallas tion for only six months, upon everything except stock - 2 b ecause the arrangement of the operation of which, ow in g on ly half a year after it has duty, nec essa rily • bee y de, upon buildings by r f r t i rt en alteration, and the result is as takes ' t iv e have thus only half a o r z hapa bo remembered by the house that gentlemen, who I am bound to follows:—It o se r :x— d pe er ir e t ;:l mseucepe ea l ydeacreli!ivlryuuracrona asanudgoufingerepartoasupteheoteriotyl, to may licm * held out very all times who h v o er h y a ll e rg a e t andino t insensible ofvw i e to h increas e on the amount of property insu re d i n consequence of he the ghre may attend the red uct i on of this duty; but I believe, and always have believed, th at it would be a mistake on the part of the house if th ey were to expect any very large ex pansion in the amount of property insured from the reduc wtturea t d b u lfi n t sof the duty. advantages am not h at e r al points l tion of the duty. I therefore estimated an increase at tho rate of only 10 per cent., and I mean that estimate-1 mean that I placed it at that figure—rather in deference to the opinions of others than perhaps because it was precisely the amount that I should myself have chosen. However, that rate of increase has not been realised. Comparing the two duties and comparing the value of the amount of pro - ' ' perty insured for the six months, for which alone wo Lave the figures, I find that, as regards the loss of revenue for the year, I estimated that loss at £260,000. lts actual amount has been £272,000. And as respects the increase iu the amount of property insured, the case stands thus : The amount of property insured between Oct. 1, 1861, and March 31, 1863—the six months to which alone the com parison can apply—was £580,0 00 , 000 in value ; 'while from Oct. 1, 1865, to March 31, 1866, the total value of the pro perty insured was £627,000,000, showing an increase of £17,000,000, or about 8 per cent. But then there is a regu lar standing increment in ths value of the property insured which is not due to a reduction of tho duty, but to the growing wealth of the country. That increment is on an average £17,000,000 for the six months. If I deduct this £17,000,000, which is due to the ordinary growth of the wealth of the country, frou3 the £47,000,000 rhich fvrtuS - i Ivo 100 100 all 100 100 ME N' 190 10 100 toe 100 190 100 100 10 100 100 212 21 109 f I