The Sun. — London, England, 1855-05-18 00:00:00

I‘lo - mA Y ncET C° -11111.E.ROTA Li D INT ELL 161 17! ail:. tloTseticie Cotton CITY, Two O'CLOCK. Market at Liverpool yesterday. ‘hr of'A. with a Very buoyant appearance, and prices _ tight: erican, Surat, and Brazilian were id. per lb. :xtpisrm,,,thoalibaolnesPriday. The sales were estimated l'-'i,l (2,000 of which were taken for ~;( 1500°4', and 5,000 on speculation), comprising .., 2.40 per and Maranham, at sid. to 6d. ; t' , taba , ',500 Sur'l- 44 4 ; 700 Egyptian, at 61d. to 9d. , 3 it 4 aati at aid. to 5a.; and 50 Sea Islands, , karic.:' t° Is. 3d. per lb. The Railway Share of i ,4,-. was very firm, and with a further advance ~ Tcr cent. in prices. ere I, litod,, this been a steady inquiry for Colonial Lobe tnie *Week, but owing to the firmness of Noe?, who have not brought much forward, the tqlel'ik,te bll"iness has been small. Plantation 4(16 sugar has realised 6d. per ewt. advance, IN, p+ettoti i. 6 ~° 'duds have ruled rather dearer. Coffee at kt,' verY quiet, at about previous rates. Tea, kit, 'lc tale, has been taken steadily for the good Ported° &Teen. Spices, though dull, have sup-. 4 littitc.tdheir value. Rice has been at full prices; 1-,_lat C,,:request. •Ru has been id. dearer for h,`tell taiTa*, Saltpetremat public sale, has mostly -1114 aiti. 174. Cotton' has met with a brisk de ttijoillz,-- Iligher quotations tallow has been de,- :ell '40411(1 in Russian staples' generally less hair. 144i1v-ne. Wool, at auction, has gone . o 0/e I,„' and at the sales of indigo advanced prices 'lnda 'ell Obtained for K r ails and particular 5t fo °f Math. u p 1.-44 r a 3. Arrowmot has been maintained 1 - curren • , ' Ila; Lie I) currencies; bc • 13e11 Son and Co. report that there ktlleri:44 ,little o'r no' change • in the values of tt,if, ,zeourities : , halt katft g &,,'''' Stk.- " Per Cent. Bonds 86 8 .Redeemable...i oPsir ICoe n 7 ti . /L''clt 'es 6 per Cent. Inscribed kligi'vric"St.° 5. * ...-t.:ii;n'a;l3.BBsl.l-118:680......170 17_ i,„kii,,,t. Per Cent. Bonds 1877... 84 8n kikkloi sta - Per Cent. (Sterl. Bonds 1868...100 10 VOlsit 5 ,P/tr Cent. (Sterling Bonds) ••• 92 934 VI '445 ''`e'' Cnt. (Sterl. Bonds) 1858-9-66... 83 8 ilitlik 61'er Cent. (Sterlin Bonds) 1888... 86 87 kilt Pet Cent. (Sterlingg Bonds) 1886... 87 88 liel,1;kl t ~,,„ , LOANS OF CITIES. 13,4e51.1i Cent Bonds... .....• 1857-1865...83 1)01 Per Cent. Bonds 1893... 80 1 • do. 1874... 74 1834... 72 114 ' A do, do. ~Iltshlis ktit,„ ' RAILROAD BONDS. ettialt7een't'r 7 Per Cent. Bonds bi, Aal 8 per Cent. Bonds l'e•4ll.peeri) 'slit., Ist Mortgage' (Ster- I St )4,..;4414101i.....u..eritra16 p. Cent. Mortgage itani4 ~.: 40 .1859 .. 94 95 ' 50 . 1830... 89 90 .. .)5 141") 4" .;i .. 1 ...... - - - - - -ii. .r.t- .15 eit._ tiven.b, c p. Cent., 2d 0 ____ 90 92 St. 1,01c4 d ii,l le ......... ... .. 25 i reticeenvlle-rtibl: 7 per Cent. 3d Mort- A 1 2s 'toiltaild trie 7 .................... .. ................... 1/44 and .., P. Cent. Convertible 7894 86 80 St. St ....... ...... 7 per Cent. Sinking oht, fop ............. . .78 80 51,(5) Ze 114 ,i'wing statement of the way in which 1.10 ql'ea 'pen carried on at Melbourne, and the a ),,illtry,ll 841:ti.t.herefrom, is given in the Argus of au tO thiQ's Nirk, th . ke I hr. e third meeting in this estate. 4ttltetlqwell known ; e it. no rs 00l f he was formerly the prilc '4l)relk. The'Y'tern of emigration to Port Natal and.Souththe .5 Rite ton schedule of an insolvent, as filed `t.kll'4olvtt c'f tbis colony shows merely a- in n-shneoet INI :bter in affairs when he is insolvent, and does t ,ttp.'ieli j,i'be Ilia antecedents or the amount -of capital •"' „,'''t_,i --, erriornen 'business.The in,olvent .now iktle'rletkit,'erac'n, SupportedB b Mr. Grant, solicitor. , k4',l , 114.111,-,, official assignee, teas present with his soi ,stlit„,,zronckhorst. Mr. Wines appeared for rule ot °li'lleC' The insolvent throughout his examination 4 The that e°ol possession of manner so. char.,cteristic N ° fte. h, hell ial assignee, Mr. Courtenay, filed a report,lex ,4N°4 ille° it appeared that, from the very e.omil%si.. ')kltrelt Which the insolvent . had anaged his ptt.,,,•ettletVulenity had been fouad in bringing matters ItCe ' but ,0001. hab n realised upon the.si.,,cic th,, I; 2001. :I"‘tt. , Who , or 300/8. hadee been retßayinrendenbypna.vMatre. 14" to ~rip tlad been entrusted by Mr 'ti l'i tla• t the goods in one of the branch stores_. yklee 'tl,glittl,t4 til'o'lautt,tck for his own use,. because ho says la n? 3, LIN ot'itt tini Y• The official assieehteheiuskesrisoousstrionntgeni _ ige ttetreatianwful. intention, that he.t The books, also,. i',l it : kept filthla as a crialinl act. The incompetc.inwsay ttlly, iinite ita an irregular an ui . g ded by themi ny ':, til' 13YrnP;s4ble to be • - shown as creditor fortli "pi 411% , account phas t, th, of th suds, and nothing.. to Sir- e money.and this isstate of things lt -,l,4eoctit, This what almost a ssahmoivple of. t t '''older . 10 the ledger. ktt4.3'.1.4e)4 t'e.rtil the mind of the the able to carry on `t•N, re ht'sibire_, but at his being assignee, and not at 4,'.llNittkilattti.tlasos be.has,isfotrheevenenem transaction of the land and month. The roost ip„ at tall wever, ~ab Ity of„ arat There are such grave doubts upon `,lol2llt,irami':.! conveyanceo.ntonet,he insolvent s infant so ~ that he has thought itf qPiig t'il inet't,,sl the a!isio in equity, with the view of 0%. t 140:V4 a suit . Oa king e'.'ls-. if possible, for the benefit of 4(4. liti,Fittv%-tZttitieti he had made a bill of sale to tb,;:ostata 0i,4":,,,i aa4frrilv;t7 furniture,p which cost him 'he e; , It n4Pe.,,a4l",ltil•pewrannow the property of c„.'`J.N' stain it. ur Lae creditors to say if Mr. Byrne ,7arte°,. the fu th 't(101,-; ataid 41,3,1 n, °lr ensued_ on this Pieta bAreeri; : evex.all.6,o(/ --ex in trade in the stores had `'several oie!'esh ?)t.:t had realised but 3,000/ iitp of t:entsi E,,sigrieewere Nt.t 4, itaoh.booka. againnoClVOlnlipTarndea of the incorrect tti„Thiehii:24naintlets:4bid„ be would .show by the books the "t Lib„-rned C° be he applied for any certificate. tilt %%iv so. Or A --'° do 'mission said he should certainly thatollifrel Ca 41(1 •-° 12th eP nhagen state. that the wea- Ilan b„ May bud continued very chilly, tt 14t en '4ll fallen. Holders of grain were l'lltll gr"ideralal ill ltteowit,, n_Y advanced rates, the prospects titttek of exella'irPs not being very _perog3sing. it for vih, olitil,, b„, ge on London was v! bpi'' was s ws, winewere wanted. As yes- 10 11, tl 4.A• eension day,l3. i cessation 21 litl4, 'e 411., ars., all t, - there was a 25 I; the foreign Bourses. '4 R,ellt,l"j'llna, fer V Q th Wales, is off too d. ~, s, , •ona ....ew ,ou 11114444 e "e i'rings 3,6001., and 1,422 ounces 100 Itititkt i ellrities have been quiet, but extremely 20 '4o4ltt of cent. cent. advance again. The ab- u ,t,t. '' i rebT. --°4eY stock and, the abundance 5 41444tket`-N speculation for a fall, and leave 5 bltillh'il'ille;re°Bt Wholly to be influenced by bona 20 'Nip,'',,R. 'roes Consols have been 80i all the . kini. i''ke 01Bni11111 has risen to 1 and 18, 2':') 11:' 4114 tr New 3 per Cents. have een ' -1, tzl oeue Reduced 881 to ft. Bank Stock NO OA Ilii(11.1)(4. at 208. Exchequer Bills are ss. to 100 N i orei Bonds at 20s. premium. 'l'ttitl 40 gil Market has been at at an improve- 1,02, IN the 11',.,t ('ases, and Venezuela have sup: wv Iti„,11)11,„.° which occurred after the official 20i 'OW ra tij'etire4g. Yesterday, being 30 .to 31. It is 100 11ttiOtic. , e IS favourable unofficial news via i 20 tttlttl IP °tllt ,the Committee have apparently u 011 kt 21 °lllnlunicate. Mexican Stock i 3 20 .' '4l t° 1 • h hl'llh Tat, • Turkish Bonds are very 20 141 i"11(1 ~„4,,n wide prices are made between 20 14Jt';4 kraTing• They have been as high as 2°29; 4a, a,c4vu since to 77i. Spanish Three 33 1 10 -e 371. Grenada Stock .has been 7. 4. cll!foll 20 I,,t'liis)rillg are the nominal prices of foreign 20 ilt 'titit' 24444°. Deferred Bonds 7to7i ; -w-Le 16 qitt,4itlii,, 4;t; Peruvian, 69 to 70 ; ditto Three 20 til , , bi to 49 OiiNi''4Bt4ian F Cen 98 89 , 4 r.3.,_, Portugueseiveper Fourts. pertCoelnotos.,;. 87 to , ti,'4, ~.Nv, .•;.-a-tialf per Cents., "t0t,04 4''eferred, 18i to 18i ; Ditto 3 per 20 h'lliWa Iv% 3i. t„'A I i tolo 14 444 ‘(:' 37i • Ditto Certificates, 4 to 41 ; y,tl -y. she - 20 ~ko,,.it' hiAes are very animated, and about ,40 41' ''' "er generall Th foreign lines are 4 't) 1441 i Ye 6 li alit 4 20 111't neeN shares are more buoyant, and 20 41/41,,, 4(1. 4ee have risen as well as South Austra. 'gib _ Fr, ,N.ll \ g Tais DAY.—CLOSING PRICES. 1 ‘ (Pr k Notit ont the Official List. ) tii4l,:t kat. It;i.. " .... ..... . .... 2110tisstnees done t.op 1 t. Qi3 lited Ara;;;Al ... ........... 811 1 t iltt .. itots " liitellt. A .‘lltntities , hi,k,iti", t'''nnuities th,ql'l y'' re, xpire sth Jan., 1860 3i 15-16 'lll7'N't;t: Fire 10th Oct., 1559 31 n 1 4,444'. ' N'ire sth April 1885 16 7-16 t)l,l,_ttl .1:',: • ' 229 i ,nte 144 ',Jolt Nri:4 Ik'. ti00,37'••• '1,,, .. ''°l:llit, 36ii kli.-...f.i. .. .... May 893/4 1 i 1e,,,,, ' •, 't , 1 .... ........................ - • •••** . 8 5 1:+1., ~.... ................................ - g g 'ltti,ttl4 ...... ... ... .. ,b„,.lkil , uti, p, '"44.4 "o 4 kIREIGIN FUNDS THIS DAY. ilhttok"r, ig. 5 Per cent — 1/4itt,l'Ak ilciAde 2, 44.. per Cent ..... %kt.. b„ `ll, li ............ t,6ii‘i,_4 4 ~!treci 1 IPer Cent slt'Sw'r tel I Per Cent , qi. 2 l Y'itt, A.: ceouni:: ft:l444i De M, 5 tl4i„,li 401' ce,t,. Per Cent., Con. 1811 i,: pt,,,c14. , 'lsti `.to !i'"le 3" Per Cent. lktill (~_elt 6' 13r (lent . ... ... '.*.. 371 Vtll/4144 ‘1,,,:411/11, ittrte:er* 3 pei: Can-t."---- lBs tit t) oa g 'lt of Coup. not fun. 4,i p 43 z., t•ti, ' Per -La P''' kee Cetlt ..................... 411 "'Had "44t... .... • 78i &ii 71 8 tt, ah,,, s. ai t.:„ ills ttl etda ou r Cent. ttl ithk'lP' ~. Ct:taifice:tel:Yable in Loo ion per C.;11)'/I!I '"''' Oent. 1.2 Gull 921 11''''O'CLOCK. 044 .. THREE 44.,1 ................................ 891 4r19414 MI)1111...11 , 891 * 1,, 25 St. 20 St. ,1875... 68 69 ... 90 20 20 10 10 St. 10 St. 25 1.0 5 20 20 _ of ob, boe f the iob!po 1 0 g",be der vib sit e 1 71)( 1 . ) 01. • S RE MARKETS THIS DA Y. RA_ILWAYS. Closing Privs this d...y‘ 4 , 11111 thi3 day. :rtAtvy.saA. ?1,1(1. 100 ~ herdeen.... J . .&mbg. Wottng. Bow and Eastn. Junet. all Relfast & Ballymena all Wolverh. Atour Va11ey..... i 9 R.rkenhd. Lanesh. Cheshire Junct all Do. Chesil. & Birk. £5O sod C 25 Cow ' Do., £20... ..... . all Riyth &Tyn3origina £25 (hod. at £45 100 Bristol and Exeter 100 naledoniau ......... . Gls. Carmarthen and Car digan all al beater & all 3ork and Bandon all Cork, Black, & Par, 16 Cornwall urieff Junction 45 Dublin &BelfastJunc all Dundee Perth&Ab. , teen Junction all Do. New. ...... • . 100 East Anglian c.ll Eastern Counties WO Eastern Union, A Stock , ...... tor Do., B Stook ...... • 8i Do., New A 100 :ast Lancashire 06 '',dinburgb &Glasa.,o, all Edinb. and Peebles WO ;din. PrLI, & Mind° , 1 7 ortli k Clyde Jun all Furness all Do. Extension 101) Glasgow &S. Weatei 100 :reat Northern 100 Do., A. Stock 00 00., B. Stock .30 lt.Stb. &West.(lre• ) 100 'Treat Western 1.00 On. Stour Val. Rai' Gna. Stk all Irish South-Eastern all fancaster & Carlisle 14i Do., Thirds 7 Do. New Thirds 100 Lancash.andYorks . I On., '.Vst. Riding Un all r,ivCrshy.&Southpt a ll London & Blackwal 100 ",ond.Bright&S.Cst 100 .ond. and N. Westn 16 1)o. Fifths ....... 64, ..0 2. , 1)0. Eighths 100 ',ondon andS. West]) *2t, Do., £5O - Do., £4O all Ludndrry&Colerain. all Lndndrry . & Ennisk. 100 Nta.noh.Slie*.k Linch all Do. Shares, No. I +) n ., Man. &Lin. Un 100 Midland 100 , o. Birmng. &Derby nll Midld.G, West.(l ) 224 )o. Flalf Shares sll Newc.astle& 214 Nwpt....therg. &Hrfd. 8 iewry & Enniskffle , all Newry Warrenpoint and Rostrevor.. 1(10 Norfolk 3i Northn.Counties Un. 100 North British... all North Devon, No. 1 all Do., No. 2 : L i A Deferred all Do., B Gnarantved I( )( v. Eastern—Berwie 20 Do. do. Extension 13 T)o.do. O.N.E. Pura sll Do. Leeds 0) Do. York al i North London all Do. New £lll 3 . ADS. Wstrn.,Hami stead, and City Jn.. 17i North Staffordshire.. all North Western all N. &S. Westrn. June 1 Nuneaton, Hinckley and Leicester 00 Oxford, Worcester,& Wolverhampton 8 Portsmouth 100 Scottish Central hi Scottish Midland 100 ,hropshire Union • a 1 South Devon 1 10 South Eastern all South Wales 15 4. Vrkah. & Riv. 5 Do 12 titaines, Wok. &Wok a 1 Stockton Darlin -9tb !kton & flartlep! 106 Taff Vale 9 Do. £lO shares WO Do. Pref., No. 1 21i Thames Raven Doel and RAilway all Vale of Neath ...... all Waterfd. & Kilkenny all Waterforl&Limer. 18 West Cornwall. 5 West End of London and Crystal Palace.. all West London. 171 s. Wimbledn &Croydon all /Antwerp& Itottordam 4 Belgian Eastn. June. 10 Beziers to Graissessac 2s. Bombay, Baroda,and Central I ndia.Scrip Central of Italy all Demerara ........... 10 Dutch Rhenish all Eastern of France 10 Do. Kew ............. - all East' IndiAn, g. sp• c. -ITO Do. Fz,ension .. 1 AI Do. 4i p. c. Bds., pay I '57, convertible...... all Po. do. do., '59, do.. 15 Gd. Tk of Cana"' aA is aEI Do. St. Lawrence & Atlantic do. ........• $lll Pb. Cert. of Deben.,l con. into Stk. till 'GB all Do. Comp. 6p. c., do. 10 Gt. Central of Fran , all Ot. Indian Peninsula guar. 5 per cent.... 1 1)o. New 5 per cent 2 to. Extensions....... 12 Great Luzembot rg Constituted Shares all Do. Obligations ...... . all Gt.Westernof Caned Shares . ...... . ... 4.11 Do. tads., payablo's7, with option till '55.. all Do. do., '62, P. ' ' 56... a ll Do. do., '76, p. 60... all Do. do., '73, without option all Hamilton & Toronto all Do. 6 per cent. 14 Lake Const. & Basle all Lucca & Pistoja 5 p.c. 10 20 'JO 20 * 1 all Oi An J 2 JOINT-S' I pref 10 Lyons and Geneva 14 Lyons & Mediterran 164 Madras 10 Do. New. 314 Maria Antonia 111 Do. do. New all Namur & Liege (wit} , interest) all Do. (ex interest) P4l Northern of France all D 0.201. Shs.late Char. leroi and Erquelinef guar. 3$ p. c. & red. at 224/. dur. 88 yrs. from 1 Jan. 1854.... all Do. 201. 3 p. c Mr. (fmy.B.& Ams.Shs. ) N o rwegianTrankPref 1.6 Paris and Lyons all Ditto Bonds ..... all Paris and Orleans all Paris and Rouen... 10 ParisCaen & Cherbrg , all Rouen and Havre all Royal Danish 3 Royal Swedish ...... all Sambre and Mense all Do. 54 p. cent. Pref 2s Selo& ........... 14 Southern of France. 16 St. Andrew's and Quebec (A). all West Flanders all Do 5l per c. Pref 16 Western of France 16 Wee.. of Switzerland all WiJsbaden ...... all Zealand A.ustralasta ......... British Colonial Bank and Loan Company British N. American Chart& Bank of Asia Chrtd. Buk. of India, A us tralia, & China C010nia1............ Commercial of Lond. English Scottish and Australian Chart Lond. Chars. Bk. of Australia Ditto New London and County London Joint Stock Load. Ss Weptminster National Provincial of England Do. New National of Ireland New South Wales._ Oriental Bank of dorporation rrovinpial of Irelane N,,w Royal Australis. Bkg $Y Gold'lmp South Australia Union a Australia Do. Now Union Of 149144 0 ! foes 20 - 21 44 - 4i - 14 - 13 I4i 9 - Bal 86 - 88 62i - 634 - 144 7 - 9 -- .4 5i - q 14 - 15 ll - 11; 31 - 21 - 23 73 75 F 5 57 2d pfu -18 19 • •• '''.... 67 - 69 91i -92 i 79 - 80 124 6 93 - 95 66 - 6Gi 58 - 67 - 72 5 - 7 5 - 7 78i - i 9 - 8 yy 100 , 100 1004 id id 1. 834 84 7i l 8 in . 25 8 - 9 71 - 71., 11 - 43 il. - 9 1i - 2 6 17 E 24 - ... 30 .•• • • 73 14 7 4i 13t —1 3 i 48 49 48 —5O d par - 61 1 d ar 27 - 29 ••• ''''' • ' ~. ---- ••• 45 - 47 124 - 1 3 61 62 28 - 29 5 - 3 3 - 1 ie : 38 ••• '... . ••• • 1s • 3 - i' ---- S. •.. ••• - 63 FOR EIGN. 74 - 21 - 2 4 - 3 i -ip 7 - 6 1,1 831 2i - 1 33 -3 3 i 6. - 7i 24 -2 5 2i - 78i 9 8i i 99i [1(10 100 99i 1001 25 i i 71 i 1 i 42 17i - 52 5 4 92 - 94 ii - 2 1 P li .-- 21 2t - 3 20i -- 21, 99 101 104 - 106 107 -. 109 21i - 107 - . -- •• 41* 3 - 3iP 1* - 11 2 p ? I 5 7 2 - 3 6 •-• .• 3 . 5" -- 35, 13 - 13 25t - 25 pl :ie 39 - 41 Pro 22 23 a iP 2 8 8i - 2ip - pm 3 ! 4 d " Di -- 6 p • •• '''' i§ -18 i BANKS. go 82 i d par i id 17 - 18 20 21 id -- par 34 - 34 40 - 42 70 - 72 7 - 9 ••• E 2i 2 P 621 1 3 21 3 111 a 18 3 / 4 10 g2i 2 794 225 i THE SUN, LONDON FRIDAY EVENING, MA r 18 1855 NAVAL AND MILITARY INTALIGENCE. The blockehips at Spithead-the Cprnwallig, 60, Cap. tarn Wellesley; the Hawk ; 60, Capt. Ommanney ; the Hastings, 60, Capt. Caffin ; the Pembroke, 6 0 , Capt. Seymour ; and the Russell, 60, Captain Scott - will leave in a few days, having been ordered yesterday to prepare for a move. It is conjectured that they go to Marseilles to help to embark a further French army of 50,000 men. Vice-Admiral Sir Thomas Coch rane commenced inspecting them yesterday, and they are being fast filled up with their full complement of crew. The Cruiser, 14, Commander the Hon. G. Doug las, returned to Spithead yesterday with a large number of volunteers from Plymouth for these ships. The Malacca, 17, Captain Farquhar, and the Gorgon, 6, Commander R. B. Crawford, left Portsmouth yesterday afternoon for Constantinopl e , with a convoy of six gun boats ; they also conveyed a draught of about 200 Royal Artillerymen, who arrived yesterday from Woolwich for Gibraltar to join the Royal Artillery depot there. The Odin, 16, paddle frigatenaptain Willcox, returned to Spithead on Tuesday night with the Flamer bomb-vessel, which she had taken outside the Wight to test ; the re sult of the trial was that the whole of the mortars will be dismounted and sent as cargo in transports, and the hulls will be ultimately convoyed to the • East by the Odin. The Lady Eglinton steam-transport steamed into Portsmouth harbour yesterday morning to disembark her invalids, consisting of one of the 4th Dragoon Guards, one of the Grenadier Guards, two of the Scots Fusileer Guards, thr ee o f the Ist Royals, three of the 4th Foot, three of the 7th, one of the 9th, one of the 17th, one of the 18th, four of the 20th, four of the 21st, two of the 28th, three of the 33d, one of the 34th, one of the 38th, one of the 41st, two of the 44th, two of the 46th, one of the 47th, two of the 49th, two of the 50th, two of the 55th, one of the 62d, one of the 63d, six of the 77th, four of . the 88th, th,ree of the 89th, one of the 93d, three of the 97th--in all 74. There were no bal cases of helplessness ; all, were removed into tempo rary quarters at Portsmouth, pending further arrange ments. The Glutton, 16, screw floating-battery, is in No. 1 dry dock, Sheerness. Shipwrights are working at her bottom, in which many defects in the caulking have been discovered, which will detain her some time longer in dock, The Enterprise, exploring-ship, Captain CoMason, C. 8., is in the cuter basin, Sheerness ; her crew are busily employed dismantling her and getting the stores out, &c. Tuesday or Wednesday next is the day named for the crew to be paid off. The Dapper, screw gun-boat, Lieutenant Grant, is still under the hands of the shipwrights in the Camber dry dock, Sheerness. Her repairs are fast proceeding with, and no doubt by the Ist June she will be ready for sea again. The Brunswick, 90, screw, will be launched from Pembroke royal dockyard, on the Ist of June. To-morrow the brigade of Household infantry will be inspected on the Horse Guards Parade by Prince Albert and the Duke of Cambridge.--T-he men will all wear the new tunin regimentals. The following appointments and promotions have been made : _ _ . Naval Cadets.—Hon. H. G. P. Meare, to the Bos cawen ; A. Bloasome, to the Sanspareil ; J. W. Gam bier, to the Retribution ; F. Phillips, to the Cornwallis; R. Moffatt, to the James Watt ; A. Bannatyne, to the Orion ; T. Campbell, to the Blenheim. Commander V. A. Massingbred, Commander James Rawstone, and Commander Thos. Miller, to be Captains. Lieutenant John Seacombe, Lieutenant E. K. Gore, and William Artnytage, to be Commanders. A few days since the 13th Light Dragoons, stationed at•Dorcbester, were aQsembled to witness the presenta tion of a silver medal to one of the sergeants for his dis tinguished bravery at the battle of the Alma. The ser geant, who lost one of his legs in the engagement, suc ceeded by a desperate effort in saving the life of the commanding officer. The Kangaroo steamer, which left Cork with troops a short time since, will return to that port in the course of next week for another trip. She will take on board hoi4ies and water. On Monday five officers and six men from each of the depots of the 9th, 17th, 39th, and 89th (comprising the provisional battalion in Limerick garrison) left for Lon don, to bo present at the presentation of the Crimean meda's by the Queen. The officers are, Capt. Newport, 9th ; Captain Earle, 17th ; Captains Wilson and Dick son, 39th ; Captain Nixon, 89th. A similar number has left from all the depots now stationed in Ireland. A party of 18 men of Captain Boxer's company Royal Artillery,e mom Woolwich, left Limerick on Tuesday, by the Erin-go-Bragh steamer, for the forts on the Lower Shannon, to relieve a like number of that corps, ordered to Woolwich. Among the party were five young fel lows who had returned invalided from before Sebastopol, where they received bullet wounds which affected their limbs, but did not incapacitate them from doing duty at home. Or about 31. 104. each for a population of fourteen mil. lions, and 30s. per head for a population of twenty-one millions. Premising that tt as nature of money used in a country should be considerk t with reference to the prices to be expressed—in our ca se combining largo taxation with natural value —L-the cot itractions we have suffered in monetary affairs were slit )wn to have arisen from the attempt of theoretic legislati en to render the bank notes in circulation strictly confc unable to gold ;—the et tempt was described as posi.tively antagonistic with the fair and just adaptation of :prices to our highly -Sexed condition in this country, al id as clearly productive of the commercial or rather monetary panics of 1822, 1825, 1836, 1839, and 1847 ; penises in which the property of all men engaged iu trade hrsf been for the time of their prevalence depreciated fully 30 per cent.—a state of things from which this country is now only delivered by arrival of metallic treasures from California and Awe ti alia—which arrivals it was affirmed passed through Viis country as through a sieve, leaving our monetary circulation almost as sensitive and fluctuating as it was before their discovery. Hero illustration was afforded by reference to the "Bank of England Barometer," recently published by Letts, which Mr. Knott stated should be consulted by all persons likely to be affected by the fullness or scarcity mf money. The fact that we never had in this country a period of sustained remuneration in price when the Bank of Eng land note circulation was materially under 24 millions, was placeA in comparison _with the much longer period during which the commercial interests of this country ,have been struggling with a sum under, rather than over, 20 millions, and this under Oats action of the Bank screw —applied as it was— as the inevitable law of the existing system, to check the departure of gold in 1853—that is to say, to force down the prices of' this country so as to render them cheaper for exportation than the gold neces sary to the convertibility of our paper money. The action of this strange operation was shown by references, to questions and answers of the governor and deputy governor of the Bank of England, via occasion of the Commons' committee on commercial distress in 1848. The answers adduced were those numbered 3,278 to 3,283 inclusive. The act of 1819 was declared to have proceeded on the egregious error of Mr. Ricardo and others, that its operation would not diminish prices -more than three or four per cent., while it was soon admitted that by the fall in prices it had aggravated the national debt and taxation 30 per cent., as proved by silver coins of that period, produced by Mr. Knott, and showing that full difference between the intrinsic value of the coinage as at that time and at the present. Prices it was affirmed had been reduced as much as the currency was appreciated. No wonder, therefore, it was remarked, that the princi ple of the act of 1819 had, of necessity, been mitigated in the years '22, '25, and '36 ; that this country had never enjoyed a prosperity except in periods of its prac tical suspension ; and no wonder that when, by the mis chievous legislation of 1844, it was rendered an inflexible reality, it gradually prepared the way for the terrific panic of 1847. The attempt at gold convertibility was shown in figures to be a mere fiction unworthy a great nation like this. The attempt to erect the measure of value of gold into a standard of value was denounced as fraught with the depression of honest, but smaller capi talists, and with the comparative misery too manifest in the working classes. Here a passage of a speech of Lord J. Russell in the House of Commons in the year 1844 was read, in which he showed that, com pared with the last century, there had been a deplorable diminution of the comforts and social condition of the labouring classes, while luxury had overspread the mote wealthy portion of the population. A comparison was drawn between the effect of the system of money which, with all its defects, nourished industry during the long European war, and that which now exists under conver tihility at a fixed price of gold. The seventy millions of taxation paid cheerfully by a population rising to four teen millions only, was contrasted with the fretlulness felt at a similar extent of taxation at this time, while the seventy millions of loan during some years of the war was adduced in proof of the prosperity afforded by the monetary system of that day. It was alleged that this action is essentially one to be fostered by credit ; that credit is, in fact, a proper consequent of civilisation, while it appears to be the object of some modern statesmen to force us back to a condition of barter and to disallow the working of our mines of coal, iron, and lead—our milli and our machinery—in the arts of life, unless we can first measure our operations by the presence of a metal of foreign production. The effect of panics was illustrated by the case of an indivi dual who he would suppose had embarked a sum of capi tal, partly borrowed, say of 10,0001., in a business con sisting of plant, stock, and debts ; that, no ing upon the spirit of this commercial age—engendered by large capi talists—of small profits and quick returns, he had in curred a liability to the extent of some 20,0001. or 25,000/, per annum, and was suddenly brought under the influ encet of one of our periodical pa nics. His banker, under the pressure and alarm he fe lt, had unwillin g ly come to the determination of diminishing the scale of his accom modation to customers, and declined to discount in con did not exceed the usual dates of his tra de . Rather tinuance the ordinary paper of this tr adesman, which than resort to the Jew, and wrong his creditors under usury, he stopped payment. His assets at once became depreciated 30 per cent. ; and where was his capital ? It had • totally disappeared: He appealed to his creditors ; they offered to accept 15s. in the pound. His friends, sufferers already, dare not come forward with the requisite security or means—arrangement could not be effected—ruin succeeded, and in the midst of panic, bankruptcy wound up with a dividend small, in deed. This, it was observed, was a type of a deserving and middle class or tradesman ; and on this class was our monetary system now telling at the prompt mo ment, notwithstanding the Bank of England screw had brought back three millions of gold to her coffers. The increase from twelve millions had notenabled the pro ducers of the country to enjoy more than the addition of. a "million to the circulation of Bank of England paper ; each million of which withdrawn, or added to, involved the destination or fate of the several millions of bills of exchange they sustained. Mr. Knott said he was not there to propose a substitute for the pre sent system ;—that end might be effected in more ways than one. But he would say this much, with confidence : Gold is mainly valuable to us in our fo reign exchange. Why not, then, at once solve the difficulty by carrying out honestly and consistently the principle of free trade, putting gold at its market price in a suitable, sound, and sufficient paper money of the realm, limited by Parliament, and receivable in taxes I aydonuee existingdasri rri present e n bd h y u tsyo t I : t yess a ate l are:er system we ovs o cneuh f emw t oa h ciunt e i see alleviation snesy witness e s lsy t tt e hef m i nee de those who h awe a sl t ihan,dev induced:rpuearslnadpdde produce : h ot u i euo m ruseer t dw o , eeaanl prices, Httaehoireif He concluded by observing that it was the oppression into explanations like this, and this because under the day's wage for a fair day's work," without plunging the liberal employer and capitalist himself into bankruptcy. At the conclusion, Mr. T. H. SMITH put some quese tions to Mr. Knott, and particularly as to the working of the proposed system in preventing imprudence. It was replied that no legislation could prevent imprudence, COLONIAL. and that it carried its own punishment and correction. ,Tee..—At the public sales common g reen has sold Mr. WRIGHT observed, that if Mr. Smith's questions heavily, but good qua lities at previous rates. Conon implied that the present system tended to prevent im privately has been in request at 84d to Bid for common. prudence, it should be considered that it was calculated SUGAR.—The market for _British plantation has been to create imprudence and foster speculation—rendering , attainable; thus reducing commerce to a system of active, and rather fuller prices have been obtained. At money at one time a drug, and at another almost un ne.gx.reeeN said he had listened with great attention gtmeao—m:Mberl.ori: the very important contrast he had drawn be . Knott's remarks, and wished he had dwelt auction Barbadoes sold a a t t 3 3 6 9 s s to 6d 3 t 7 o s 460sd for6d nifeirdfinauedyealtlo3w3s at 38s to 395 for good, t o 355 e 1 for low Demerara. Crystalised realised 42s for with those dur good. East India—Native Madras brought 28s 6cl to 31s, into of 18 the 4 4, e u w h h j ;e e l i to, np a e d re m: e t ae t n e e admitted and ord to good yellow. 32s per cwt. Bengal, low to good white, sold at 37s to 39s 6d. Very little has been brought forward. Mauritius has ruled firm ; fine yellow brought twoen the proportions of currency now, such that etnhoermLoegusielflatuacrteuaahtieounlsdi ben trheeq requested e a e l t u e e d o f ta m 381 6d to 395, ord to good ord Us 6d to 38s, brown 30s to ing the war ; that he had long been :convinced that some 348, refining 32s to 335, and crystalised. 38s to 42s 6d g a r ft e e a r t d e e e f t e e c r t in e g xi a s t te e d era in e t l h e e ng a t c h t ' 'nt ) the working of the act. per cwt. FOREIGN.—A cargo of Pernambuco went privately at 25s 6e. Havannah afloat realised 21s 7id for No. 11, and insti Y t:te an d a cargo of No. 13 235, both for the United Kingdom. Ma nilla at auction sold at 35s to 36s for clayed, and at 31s 6d. to 34s 6d for damp and washed, being rather advanced Mr. WRIGHT replied that Parliamentary inquiry had rates. Refined brown lumps have been in request at 46s 6d, already been made, and in vain ;—that the inquiry in 47s 6d per cwt. * inquiry i and grocery at 47s to 52s per cwt.. 1848 after the panic, when he was examined, had pro- COFFEE.--liolders ask high prices, and the market is duced a large blue book, which no one read ;—that the very dull in consequence. Phrtation Ceylon partly sold Report of the Lords' Committee was indeed a most Oa at 67s 6d to 85s fer good to tine, at 56s to 61s 64 for flee borate and excellent ord to low mid, and at 503 to 555 6d for triage. Good ordone, declaring that the act of 1844 had produced the panic of 1847, and that, if it had not been suspended, the Bank of England itself Rim—Full prices are curre wentut the purchases are limited. Yellow bold Bengel publicly at its 2d per would have stopped payment ; that in the Commons, on native Ceylon has been supported at 47s to per cwt. . the other hand, it had been contrived that the Com mit- Snions:s—Pimento has sold steadilyat 44d to 5d ands d. tee should in the majority consist of the originators of Sound Malabar brought 40, and first class damaged 421 d. the act, including Sir R. Peel himself, who passed a vote Annowaom—St. Vincent's brought 4id to 50, and that it was not expedient to make any a lt era tion in the Jamaica 34d to 5d per lb. of Parliament act . that the reports of the two Houses Ruse.—East India is dearer, tofug 2s iid por gallon. thus ' e r lanother, legislation bad been . n ut a 'sing one SALTPETRE.—BengaI at auction was taken in at 26s 6d Lords' report, however, to 27s for 61 to 7 per cent. refraction, and Bombay at avoided altogether ; that the manual it deserved to be the . 21s 6d for 28 per cent. remained a great fact—that of it and that a useful abstract . Irensese.—The public sales have progressed with spirit, of all currency reformers, Reform Associa- Kurpahs being 2d to 3d dearer than last week. Good had been published by the Currency Madras has realised 3d to 4d advance. Up to last eveningtion. ort of the Commons, 9,610 chests passed, of which 5,033 were sold. Mr. KNOTT added, that the rep . teeth of the TALLOW.—This article has been depressed, and P. Y. C. drawn* • ‘defian ce of truth, and in the up in . . he Legislature. on the spot is about ns 6d per cwt.t discredit to te . GREEN FRIIIT.—The backward state of vegetation i , . • evidence, Wes a grea estions, to which Mr. Knott n , Mr BEAsLY put some qu this country improves the demand for Foreign Oranges of . sound condition and sustains their A. 'replied. issoN inquired as to the effect of the pro- Electrie Flash front St. Michael's, sold by cargo Keeling Letti. Mr. Tomei in case of scarcity and war ; when Mr. Hunt, at public sale, went at an advance of 2s and 3s per posed system showed that the system he suggested would be package. Nuts of all kinds in better` demand: Lemons Knott 1 both made and-that the gold, at. presentlocked I dull; the cold weather interfering with the confectionery , bettera m tic ciro, don being net at liberty, proTiaioi ' trade, o eis up in e THE MILITIA. Returns obtained_ by Colonel Gilpin, M.P., and just published, inform the public that in England during the year 1854 1,483 militiamen entered the regular forces without permission, and 10,326 with permission, mak ing a total of 11,809 out of an establishment of 80,000, In Scotland 196 militiamen entered the regular forces with permission out of an enlistment of 10,000, and in Ireland 260 militiamen entered the regular forces with permission, out of an establishment of 30,000. This makes a grand total of 12,265 militiamen who entered the line in the year 1854 out of a total establish ment amounting to 120,000. h 2. BEET NEWS-(THIS DAY.) CORN EXCHANGE. The present week's arrivals of English wheat, coastwise and by land carriage, have been tolerably good; but the show of samples in to-day's market was very moderate. On the whole, the demand ruled steady, at Monday's prices ; but the amount of business done was far from ex tensive. There was a fair inquiry for foreign wheat—the imports of which are over 10,000 quarters—and the quotations were well supported. We had a steady inquiry for barley and malt, at full currencies. The supply of oats was good. The oat trade was inac tive, at late rates. Beans, peas, and flour sold steadily at Monday's quotations. The imports of the latter article are over 12,000 sacks, chiefly from Spain. Wheat. 3,270 ARR B IV a a rI i: y. THIB i N W i 3 ! 3 8 1 t R . . Oats. 1 Flour 2,940 o 441 1,860 7 1,900 i --- 19,210 1 123605 ks 50 brls. . 4 h t RAILWAY Le4stra. egs s ' (jompan. this day. this day. 50 , all Bedford and London A 461 St. 100 110000 aß ß uy l ed e k t eg e s a l a e m y e. T h. c .. 7 .. - . 9 10 — 919 98 25 24 Col. Stour Vy. E. Un. St. 100 E 8 6 11 . d• L p i e n a r n c e o d e l u n li t gr . al . * E. C *** *** Gt.Nrthn. 134 136 St. all Glas. Barr. & Caldonian. Neils. Direct St. l 0) Do. New...... Do 25 Xll Glstr.& Dn. Fr 4 4t. Wean • 100 ITrtlpl. Dk & Yk. New. Railway & Berw . 50 all Hull & Selby Y. &N M 106 108 107 25 all Do. 1 Shares. Do. - ••• 121 all Do. 3 Shares. Do ••• 12i all Lon.&Greenw S. Easter , 121 13 20 all Do. Preference Do 23 10 all Lon., TR., &S. Pato &Co. 11 i 111 111 St. 100 Lowestoft gr. 4 per cent. Norfolk — ••• St. WI) Do. 6 per ct. Do 55 all Manch. Bxtn. L.&N.W and Matlock & Midld 21 —2l 50 all Middlesbro' qtckton Redcar. Darlingt. St. Midld.Bra dfd Midland.. 92 94 6 f 54 Newmarket Bury Exton.. En. Coun. par ip 50 all Northern and Eastemsp.e. E. Count. 57 59 581 50 all Do. 6 per et. Do ..... 50 all Do. Fixeds p s D 0......... ..• 25 all Prest. & Wyre L. &N.W. &Ln&Yl 121 all Do. 3 Shrs. A Do — ••• St • 'io Roystn.&llit. GtNorthr 130 133 25 I.Bi Shef. Roth and Lancaah& Gooleg.s p.c. Yorksh. 10 all Shrews.&Her T. Brassey gi i 2 -.4t S. Staffordsh. MOlem. 2i —2i 50 all W e ar Valiant 4tockt. 6 per cent._ Darlingt 25 all Do >o - 325 St. 101) viriltArtomrst 4.Westn 89 - 91 90 1 PREFERENCE SIIAREB. St. 1100 St. jlOO berdoen 100 - 102 87 -8) Do. N 0.2, 7 p. c... Myth and Tyne lOpel c. pref. (issd. atso/, aria. & Es. 4 p. c. St. Do. 4 p. c. Shares laledonian £lO 'heater & flol;thead Guar. 5A per cent r)o. do, Pref. No. 2 Do. do. Pref. No. 2 1 ilork & Ban dons p. f)un.Prth .4 ' Auglian CIP. ASh do. Cs. B p. e.l Dn. do. Cls. C 7 p. c. Pastern Counties Ex tension, 5 p. c. No. • 91 - 93 -- 24 - 3h 5i - 8} i - Ij, 13 - 13 i Do. No. 2. uo. New 6 r . c. St Mast Un.. a. 6 p c Do. 5., 10 Der cent. 101. T)ebentr.Sl. Do. do. 4 per cent... 41s st L ncash.6 p. ,t, York. J. sths d. Prth.SzDun.4p.e. Ftvne.s _ _ 58 - 62 .. ...... ... &5.W.G.5 p.c Great Northn. 5 F, c. Po. 5 p. c. Redoein., l at 10 p. c. 116 - 118 do 111 101 - 103 no. 4 A p• c Do. 5 p. c. Scrip, Red. i - IP tt 5 p. c. pm... Gt. N. of Scot. Ist Prm Gt. S. & W. (Ireland) Do. 4per c. Prat. St Gt. Westn. (Berke 'Rants Ex. 5 p. c).. Do. con. red. 44 p.c. no. con. red. 4 P.C. 6 -- 64 97 -- 99 88 -- VO 91 -- 93 10 -- 11 17 -17 i 10 104 72 -- 74 191 -- 19/ 9p -- 9k -1/ -- 14/ 1 / 135 -- 137 Do. irred. 4p.c. Do. Birm. Pref Sh Do. Onester 8 p. c.P.q Do. do. 5 p. c. do Do. Birm. Gun. Stk Do. Ches. Gun. Sh Do. do. do Vo. do. do ...... Lan. &York. F. RV , 00. 6 p. c. Stock Lon. & Brigh. G. 5 p.c Do. Pref., 5 p. c. St Do. New Guar.6 p. c Do. do. 5 per cent Lou.&N. W., Coy. dr Nuneaton 5 p. ct. Loc.& S. W. Con.3d , Lowly. &Coler. A Sh. Londy. & Ennis.. Si:. Shef., & ~. ..... a.. .• • ...". ••• .•• "". ... • •• ••• 2i - 3 Nev;, £lO - 46 Warypt.atearl.4p N. 4i per cent - Do \lid. Consol.6 p.c St Do. Consol. Bristol A, Flinn. 6 per cent Do. Lli p. c. Pref. St. ►o. ['ref. Oper cet . Do. W. Prtf. 4 p. c. 36 - 138 96 - 98 - 4 - Ditto Leicester ani Hite' en Pr f St... Norfolk Debenture . Do. Prof. 4 p. c. Stoe Do. 5 p. c. Ext Do. 5i per ct.pref Do. Way. Val. 5 p. c North British E. Bervr, 4 p.c P 85 - 87 104 - 106 - 100 91 -93 3/ - 31 Do. do. do Do Leeds 6 p.c :No.] Do. do. Quarters 4s• Do.YorkH & 4 . North Staffordshire.. Oxford, Worcester, Wolverh. Xl5, 6 p c - ia 104 - 106 Scot. Cent., New Pre , South Devon Do. fixed, 4 3 / 4 per cm S. Eastern (Readier Ann.) of £1 Os. 6d. Do. 4i per c ant S Wales clua. 4p. c Do. do. 4i p. c.... S. Yo'ficsh.4p.e.Guar. ,Aock,& Dar., 5 p. c. (Do. do. do Stock. & Hare. g. F p, c. till July 1, 'M W..tet fd. & Kilk.6 pc iii 10 id par 221 23 98 100 St. 100 20 all 20 all 20 all 25 all 25 15 t 2 all 5 4 15 = ii* - 2 p 2i - - -. - -L.--- ----- ___ MINES. 1 alp Aguas Fria ... .. . f' fi 1 all Anglo Austrin. Gold . . ... ... 10s. all Anglo Californian - g 20 6 Australian / -1/ 1 all Australian Cordillera ... - ... 1 all Ave Maria • - --- 1 all naden (Gd.Dachy of) * - a 50 all Blamarvon Iron and Coal ..... - 7 20 I 13.5 British Iron 4 - 6 35 26 Brazilianlmp.(issued at £5 pm.) - 3 30 all Do. Cocaes & Cuiaba 2) - 3 20 15 Do. St. John Del Rey 31 -33 1. Carson's Citecik i- i 1 0 Clarendon Cons. Min . • Co. of Jamaica I —ha 40 all Cobra Copper 54 56 if 5 1 Colonial Gold $ - $ St. all Copper Min. of En g 30 40 25 all Do. Pref. 7i p. cent -2d par ..• 16 Cop iapo ... . -. . . . ..... 21 - 23 5 all English and Au stin Copper Smeltg ' l, . 14 - 1/ 2 1 Fortuna .......... . 20 all General .. .- . . 1 all Gt.Nugge.fidalteg. 1 - $ 41 all Great Polgooth • ...... a - 111 1 all Liberty .............. ..• * - i 3 all Linares . ................ 6i - 71 5 1 Lusitanian ............. •;-- / p 1 all M.ariquita.... ......... 1 all New Granada - 1 all New Linares Mining and Smelting Co . - • 1 all Nouveau Monde . li - 1 20 all Pontgibaud Silver Lead Min. & Smelt l4l 154 5 1 Port Philip i - - - 1 all Quartz Rock k - I 50 all Rhymney Iron l9 - 21 15 all Do. New 5 - 6 30 12f Santiago de Cuba.- . 5i - 6 5/ 1 all South Aust-ralian..... 2 a- / f 28 10 i a7lil Tin nitd Croft M exican ...... - 61 --- 6i 61 * 1 all Waller 1, all West Mariposa i - 1 12s. Worthing Mining of Australia I 1 all I Tuba - • it MISCELLANEOUS. 25 ; 17a Australian A gricult. 31 -- 33 34 2 1 10 all Aus:,-raln. Royal Mail .. - . 10 7 Berlin Wat er Works 3 i - 3d 50 40 Brit. American Land ... - ... 5 1 . Brit. & Coln. Smeltg. and Reduction Co. . • - ... 112 115 - 100 32i Can ada St. 100 Canada Gov. 6p. ct _ Jan. and July 109/ - 1101 1101 10 5 all Crystal Palace 3l - 3 1 3 5 4 Co. Preference i - p 4 4 all Crystal Pal. of France ..• - ... 1 f Duston Iron Ore ... - ... 20 Si E as t er n Stella - •• 25 22 Electric' Telegraph l6i -17 i 1 all Electric Teleg. of Ir. ... - ... 15 14 Gen. Steam Navigat. ... - ... 26 20 all G ener al Screw Steam... - ... 141 1 20 10 Irish Beetroo t Sugar ••• . 7 . ... 20 10 Magdalena St. Navig. ••• ••• 10 all M e diteran. Elec. Tel - ••• 10 9 Mexican&S.Americu. 6 . 4 - 7 10 2i Do. New ..- .... - . ... - ... 1 all Nat. Pat. Steam i'uel • , - ~.: 10 5 Netherlands Land.- 4 - lf 2 1 N. S. W. Coal & Inter. Steam Navigat. Co. . , - .., 1 all N. B . Australasian_ . I - 1 20 15 Nrth.(dEuropeStaam . . - ••• ' b all Peel Rr. Ld. & Minrl. 2 . 1 - 3 2; 3 50 all Peninsular & Oriental 60 - 62 50 10 Do. New t . 11 3 / 4 - 12 • 2 all Portland Iron Co li "" li 1 . 00 60 P,oyal Mail Steam I all Scot. Austral. Invest li - 1"' 1 1 1 Ditto New. - $ ,4 25 all South Austral.Lan.; 361 - 39 59 8i 9 1 all Submar. Tel. Scrip , 1 al Do. Registered - 1 ~ - i 20 5 Trust& L.Co.U.Can. ••• .... .. 10 0 28 1 y a Diemereo hut THE MW TETAIiY SYSTEM. A meeting of severs 1 gentlemen, specially invited by the Mayor, was held . ?n Tuesday evening, at the Ex change Nottingham, t o confer w ith John M. Knott, Esq., of Kenilworth, on the above important subject. The Mayor, who took the chair, having requested Mr. Knott to open the questi on, he addressed the meeting to the following effect : —T. h e period is at hand on which the Government should gi r e notice regarding the discon tinuance of the Bank of Eni ;land Charter Act ; and it be hoves all those who are mus t interested, including manu facturers, tradesmen, and pi mfevional men to be on the alert to procure a supply of suitable money, and a suffi ciency of it,. to meet the requirements of production and commerce, and to put an end to the pre sent fluctuating and cr tutting system—introduced in 1819, and completed in 1844. It was affirmed that our National Debt : Ind large indirect taxation do not consist with meta) lic money (-if intrinsic value at the price of the wort d, and therefore the exist ence for many years in this country of Bank of England and country bank notes. 1 'his principle of relief, it was shown, had been so seriousl v obstructed by this tamper ing of public men in the psi 7iods referred to as to create great pecuniary embarrassm , ?tits. It was shown that the proportions of currency to population ,in Great Britain ranged thus in the years epa cited ropu- Bank of Fi nz- Country and lation. hod Not es. Scotch votes. In 1818 14 millions. 28 millim is. 23 millions. 1854 21 millions. 20 millith Is. 11 millions. Total -51 lions. 51 millions; would be made for the purchase of cora without the pressure now expPrienced. - Mr. T. H. SMITH observed that as the fair resu;ts of legislative inquiry bad been defeated, he would propose that every + ffoit should be made t 5 prevent the act of 1844 being renewed. After some discussion, it was resolved on the motion of Mr. FELKIN, seconded by Mr. SMITH, " That our at tention baying been directed to the fact that the Bank C harter will be continued in operation unless notice of its discontinuance he given to the Government this year, it is the opinion of this meeting that it would be both inexpedient, unsafe, and unwise, to renew the. Bank Charter Act of 1844, and we resolve that we will do all we can to resist its renewal by petitioning the Legislature agair-t it, as well as by calling public attention to its evils." The resolution having been put by the MAYOII, it was carried unanimously. Mr. FUXIN and Mr. SMITH then proposed and se conded a vote of thanks to Mr. Knott for his able and interesting adiress ; and Mr. Knott having returned thanks the meeting closed, with an understanding that the gentlemen present constitute a 'committee to carry out the object of the resolution. all 11tx' 1100 1100 100 100 100 all 10(1 100 'lOO 100 100 100 5 all all all 6 12i 12. 12i St. St. I Di ion 100 , 100 Ili all 100 20 1.24 25 20 St. lo I 1.0.6 7tl ; i 8 1 33i x d all all 14 all 211 201 11 1001 IGSI 108 20i 4 1 271 8 43 N I 98 9i 100 51 English .. Irish .... i Foreign .. 1 10,780 SMITHFIELD. To-day's market was well supplied with beasts; all kinds met a dull sale, at a decline in the prices obtained on Mon day of 24. per 81bs. There was less activity in the sale for sheep than on Monday, yet that day's advance in the quo tations was supported. Lambs were in good supply, and active request, at very full prices. Some small calves moved off freely at active rates, but inferior veal met a dull inquiry. In pigs, scarcely any business was doing. Mulch cows were steady, at from 141. to 19/. lower, includ ing their small calf. Per Ms to sink the offitls. 8. d. s. d.I 0. d. s d. Inferior Beasts.... 3 oto 3 4iPrimeSouthdown 4 8 5 0 Second quality.... 3 6 3 81Large crse. calves 4 0 4 B Prime large oxen 310 4 2 iPrime small d 0... 410 5 4 Prime Scots, &c. 44 4 6iLarge hogs 3 0 4 0 Inferior Sheep ...3 6 3 B,Small porker% 4 2 4 4 Second. quality ...3 10 4 oSualing calves.. 22 0 29 0 prime crse.-wlled.4 2 4 49narter old pigs 20 0 25 0 Lamb ss 2d to 6s 10d. TOTAL SUPPLT. rozEtax SUPPLY. Beasts ..•• •• • • •• • • 1,135 Beasts.• •• •• • . • 180 Sheep •• ••••• • • •• •• .... 8, 00 Sheep ..•• .• •• ..•• • • ••.... 90 Cahes .• •• •• •• •• •• •• 300 , Calves...• •• •• •• •••••••• 240 NEWGATE AND The general demand rule( supported. LEADENHALL. steady, and prices were well Per Ms by s. d. a. d. B. d. B. d. Beef, interior..... 10 3 2 Mutton, Inferior 3 2 3 6 Do., middling ..... 3 4 3 6 Do., middling 3 8 4 0 Do., prime large .3 8310 , Do., prime 424 e, De , do. small ....4 0 4 2 Veal 3 8 5 0 Perk, large 343 8 ) Pork, small .... . ... 310 4 4 Lamb ba Od to 6s 6d. tb 0 carcass. BOROUGH HOP. Very few home-grown hops are on sale, awl the market is very firm, at full prices. The imports this week are 100 bales from H a mburgh. Mid and East Kent pocketp, 141 Os to 20/. ; Weald of Kent ditto, 13/ lOs to 15 1 . 109 • Sussex, 101 Os to 11 1 1193 an d yearlings, 0/ Os to 0/ per cwt. ERUPTION OF MOUNT VESUVIUS. The following is an extract of a letter from Naples, dated May 8 : " You may conceive my delight this day last week, the Ist of May, when I came to dine at --, and the servants told me that Vesuvius had broken out in a vie ' lent:state of eruption. I thought the dinner would have never ended, I was so impatient to go and see it ; how ever, at 9 o'clock -- ordered his carriage, and we drove to Santa Lucia, which is, you know, the quartier on the Vesuvius side. It was a lovely night, without a cloud, and the moon as bright as in the month of August. As we turned the Chiatamone there was the mountain standing out of the plain against the blue starry heavens, and a broad stream of lava slowly relling down its cone, and from the summit a thick cloud of smoke spread over it in the shape of a gigantic pine tree, the lower part of which, from the reflected fire, was red, while higher up a thick black layer of smoke, with a white top, lay curling over like the foliage of the tree. The lava was streaming in one broad flood from about half way up the mountain's cone, whence, when it got to the bottom, it seemed, from the ground being less steep, to crawl along until it reached the edge of the old erater.thst forms the vacuum between Vesuvius and Monte &mina. Hero it found itself arrested on the brink of an abyss some 200 or 300 feet wide ; and, from the distance we were at, we could see the stream of fire . rushing over like a vast cataract, with immense boulders of red-hot rocks hurled over, and chasing each other down until the ground got more even, , and the Fpeed slackened. From this point the lava crept on, but so slowly that it was difficult to mark its pro gress ; and the effect was beautiful as it burned the trees it met in its course, which flamed up with a bright blue light like Roman candles. The reflection of the burning mountain was thrown across the sea on the very edge r f the spot where we were standing, and formed a lovely contrast to the beams of the pale silvery moon as they lit up Capri and the Sorrento coast. The best remains to be told. pro posed going on to Portici to see the eruption nearer. When we got there I suggested Messina as preferable ; and, in short, it ended in his taking a donkey we met, and I walked. So we proceeded, both of us dressed as we were, in thin evening shoes and light apparel, until we reached the summit of the mountain, after a severe tug Of two hours. However, we were well repaid, and I shall never forget the scene, as we stood within a few yards of the cataract of fire which I mentioned before. A strong wind blew the smoke over Monte Somma, but the heat was terrible, for we were pretty near it, of which you may judge when I tell you that, fautede trtieux, I lit a cigar from the edge of the torrent as it rolled over the edge of mountain. We remained there some three hours, which passed quickly enough, and as we descended the mountain we were gratified at seeing the eclipse of the moon, which took place at about 3 o'clock in the morn ing, and of which previously we knew nothing. In short we were very fortunate in the night, for it was the only one on which the moon had shone since this day last week. As you may suppose, the lava had made great progress, and it does not seem to be diminished. I went again, but to another part, last Saturday night. It was then threatening a village called San Sebastiani, for it has already got into the plain, and has destroyed an infinity of property. I hear to-day that the stream is 600 feet in breadth, and has engulfed three houses. They have sent firemen to build walls, to try and turn the direction of the stream. However, that won't do much good. When I was there last Saturday it was a curious sight to see the wretched proprietors cut ting down their vines and trees to save the wood. Thousands of people were standing in front of the ad vancing flood, for in the plain there is no danger as it moves about 50 yards in five hours. When it is likely to cease nobody can tell, as every day the mountain opens fresh craters, and it is likely to continue to do so. To-day we have an awful storm, and it is thundering and lightning and raining torrents, such torrents as are only seen in Naples. If it clears up and I are going this evening to see `the village destroyed.' People talk of it as if they were going to the Surrey Gardens. I However, it is no joke for the owners; and abranch stream has made a direction of its own towards a lovely villa be longing to the Marquis St. Angelo, and in all probability by so-morrow he will have an unpleasant neighbour in his flower-garden. This is the most popular eruption, they say, that has ever been known, and all the world goes to Vesuvius of an evening. The. King and Queen went there the other night, and spent it on the mountain. 1 The last three or four eruptions have always taken place i on the other side, and consequently have been difficult to get at, and but little has been seen from Naples. This one, if it goes on, will do a groat deal of damage, as there are'three villages between it and the sea, and the ground is much cultivated. I shall be able to tell you more about it in my next letter, as I have not given you much of an idea of what a grand sight it is. The fact is, it would be very difficult to do so, as any description would fall very far short of the reality. I had heard a great deal of the effect of eruptions, and pictures repre senting them are not scarce, but I can assure you that nothing I had seen or heard gave me the slightest idea of what it really is." THE CHURCH-RATE DIVISION. 5 Members of the Government voted against the Bill, and 12 voted in favour of it. 2 Cabinet Ministers voted against the Bill—Lord Palmerston and Lord J. Russell. 2 Ditto in favour of the Bill—Sir W. Molesworth and Mr. V. Smith. 2 Absented themselves—Sir Charles Wood and Sir George Grey. 16 Holding office also were absent. ANALYSIS OF "THE NOES." From a Register kept by tb,e National Parliamentary Reform Association. Ayes, 219 ; Noes, 191 (Tellers included). Of the 191 against there were— County Members. Englund arid Wales Scotch Irish University Members Borough Members. England and Wales Scotch Irish 78 191 The County Members represented a population of 6,227,326. The R)rough Members represented a population of 1,089.655. Influence-74 were connected by birth or marriage with the aristocracy ; 48 had interest in Church Pro perty. In Llncaghire only 2 Borough Members voted against. In Yorkshire 5 of the 6 County Members voted against, but none of the Borough Members. In Scotland 1 Borough Member voted against the second reading. ADMINISTRATIVE REFORM MEETINGS. BOSTON.—Qn Wednesday last, in compliance with a re qnisition, signed by men of all parties, the Mayor of this borough called a public meeting of the inhabitants in the the Guildhall,. to consider the propriety of requesting the borough members to support Mr. Layard's motion in favour of administrative reform. The proceedings throughout were of the most spirited character. DEPTFORD--Last evening a crowded public meeting of the inhabitants of Deptford was held at the Lecture hall, High-street, in order to adopt measures for the for mation of an auxiliary association for the promotion of administrative reform. WOLVERHAMPTON.--We are glad (says the Worcester shire Chronicle) to be able to announce.that a requisi tion to the mayor is in course of signature in this city, requesting him to convene a meeting for the purpose of enforcing the demand for " a dministrative reform." • This is the great want of the age, as testified by the late deplorable scenes in the Crimea. LIVERPOOL.--A requisition has been in course of sig nature for the past few days in Liverpool, addressed to the Mayor, requesting him to call a meeting of the in hfbitants, in furtherance of the cause of a dministrat ons ive reform. The requisitio nists were composed of pers of all shades and opinions. His worship the Mayor, who is at present in L ondon, sent a telegraphhic.i essa to the requisitionists th at he could not cornpl Wit t h eir y request. , . ADMINISTR ATIVE REFORM. —The petit i on o f the in habitants of Derby for adrn m i s trative refor m was printed o n Tuesday. The petitioners " view with feelings of in dignation and astonishment the scandalous waste o f public money wh ich is taking place, an d is still continu ing in connection w ith the tran port ser ice, and v tey earnest l y protest ag ainst this reckless expenditur h e. They declare that the recent exposures before the Sebas topolt3 Committe e call loudly for a radical change, and they pray the h ouse to take such steps as may lead a speedy and-effectual reform of the whole system. The petitioners cann ot remain satisfied with the simple dis missal o f Captain Christie, nor the retentiono f f Admiral o n s g a ls the acceptance and the Boxer. They co ndemn the existing system o promo tion in the army , and the delay attpernodpi Bug. or rejection of Lord Du ndonaltra gestiona of scientific men. They contend for the neces sity of introducing men of enlarged exPeri twat ability into the gervice of the State enee arid.prac up with the strung and biguificant assurance that, unless the house institute - such proceedings as will lead to an i m mediate and thorough reform, a the people will be compelled to take , counsel of their owe liffiire. t2gether_ for the management --•_ •... LITERATURE, Grace Lee. By Jnlia Kavanagh. 3 vole. Arnie, _ - Elder, and Co. Miss Kavanagh's abilities, both as a romarecist and an historical writer, h. are already well known. Her first and least ambitious work was a tale for showed the different`results the young, entitled "The Three Paths," which cunning of a rash and head strong disposition, a . and crafty temper, and a prudent and well -principled line of action. Her next tale, '''Madeleine," the touching re cord of the struggles and sufferings 'w of of Auvergne, who, alone and almost unaaidyeodu,nragigiserdl and maintained an hospital in her native nd lr th il e la u g g e. Her next attempt was an historical one, a the subject selected was not the most i pl -n c g - i h t was executed with great ability. It wa s on ci- -- man in France during the Eighteenth Century." - She subsequently produced more pleasing rec or d s of feminine achievements in her " Women of Christianity," a brief account of some of the . most illustrious of the many.remarkable for their piety., benevolence, and heroism. " Nathalie," her only novel, possessed much interest and . originality. The two chief characters were drawn with much ability. This ability the reader will not fail to re cognise in the pages of " Grace Lee," though of all her works of fiction it is the least pleasing. This is partly to be ascribed to the striking improbability of some of the incidents, but chiefly to the two chief actors in the drama—the hero and heroine —John Owen and Grace Lee. Grace herself, with her learning, her talents, her generosity, and "hergalulite. otherirtnes; has something about her not feminine, an 1, consequently not quite at tractive. withdis distress, or. eolrevoefresxiclietaerdt.feelinf,;, Her intellect seems to have a greater in fluence than her ln moments of danger and iletches—never discomposed, never slit% is always ready off her guard, that uvre, o ant of self-control is to but in the case of Grace one does fortune ra courageous no t t o e b e e e .the despised c e e o I n '_- , trol of feeling, b ut absence of -feeling to be controlled- However, she crara l c a t y er: lai an ni d t u?e b s e ho c u ou ld -• sidered a very remarkable character, r t ta he in h l e y r t o h f e alls ad v oert imagine that her p ro totype. most no t very easily met interesting far eh ort P o e f rs tre . the old idea in with.tl b B o h o e k , i s fu c r e eri interest hereic standard. Without es that heroes and heroines should p b i e ng unin teresting perfection, to secure the rea p d ie e c e they should have some distinguished traits, noble qualities, to awake admiration. It - some is not moroseness and reserve of John Owen that the dete riorate his character, for sometimes these reserved and haughty characters are the most attractive • but he seems to have no firm and settled purpcs se ; no high and ennobling aspirations. Had he remained true to his ambition even, and instead of retreatin g , to the Welsh hills, remained and fought the battl e of life with energy and determination, the read er could have forgiven him all his faults of mind and manner. But he surrenders the fight, at least for a timeond falls in love with Grace Lee. Had he only been constant to his vehement affection, he might yet have awoke sympathy ; but when he forsakes his idol on so frivolous a pretext, and hastily forms firstone engagement and then another the reader loses all patience, and begins to awake to a sense of the ludicrous. Many incidents in the plot are very unpleasing, and we feel the less inclined to tolerate them from an authoress who so plainly shows us she could do better if she tried. Where are the gentle and pious attributes of Madeleine —where all the graceful, feminine qualities of Nathalio, always charming, even in her caprices ? The chronicler of the " Women of Christianity' has no need to give us such a brusque and independent lady as her model heroine ; and as for a hero, it will be hard indeed if she cannot Surpass John Owen. The talents of the author are evident, however, not only in the construction of the book; which, to say the least of it, displays much ingenuity and originality, but in the elo quence of the style and the fervour of the descrip tions, as the following extract will show. It is from the conclusion, when John Owen is meditat ing on his fruitless search for Grace, who has been lost to him for seven years through his own folly and pride : " The thought he had so long repelled came and pre vailed in that hour. " Grace is dead,' he thought, stopping short. Grace is dead, ay, I feel and I know it ; the grave has closed on her. Where ?—how I—l know not ; I shall never know. Unconsciously I may tread on the earth that hides all I have vainly coveted to possess.. Oh that with me, too, it were over, that this unquiet fever of life were still, and I sleeping somewhere by her side, a deep, a long slumber. Happy ! thrice happy are ye, ye dead !' , " And for the first time for years, ambition, that master-passion of his life, folded lier wings, and, wearied ' of her long flight, pined for repose. " But briet was the rest of that ardent heart. Strong in his will, he recalled Grace ; he bade her return, not pale, but vivid as the light of day ; not dead, but over flowing with the fulness of life. He looked at the setting sun ; the dread round orb slowly sank down to a yellow horizon, encircling the dark • earth like a golden zone. then melting in the hoPow air into vast depths of palest blue. But below all was splendour, all was light and ' flame ; a wooded slope was still a forest of bronze and gold, a tame field a purple sea ; the dust:worn way a path of light leading to a burning world. In that fervid glow he sought the loved and lost image he had ever known, all warmth and all light, and again, with passionate long ing, there rose an inward ory from the depths of his heart, an unuttered voice that said : Come back, Grace, come back !' _ —..... " Suddenly he breathed deep. Dream or truth, he saw and heard her. He saw an isolated dwelling,.ft poor home, rising bare and lone by the road side, an open door, a narrow room, with boarded floor, with white-washed walls,, with gilt-edged books on a lovi shelf, with bright crimson and yellow flowers in the window, with the rich sunlight streaming in ; and half lost in the evening gloom, an old man who sat grey and blind in a deep arm-chair, whilst in the bright red light a woman leaning back on a low seat with a heavy book 1 on her knees, read in a clear, musical voice, in a foreign tongue, a tongue long dead and unspoken, a strain of full and ancient v erse." * * • ' * * "Like a vision come to him at his bidding from the depths of the west, he saw her through the flood of living gold that flowed behind and around her." "The sea-worn mariner that has found land, the tra- yeller that rests after, the burning desert crossed, never knew so deep a sense of freshness and repose as this wearied man of the world in that moment. A.b, love there is something in thee beyond the light fondness of youthful lovers ! Thy spring is all hope, thy summer is all life, but deeper in its ardour, more beautiful in its mingled passion and strength is thine autumn." Mr. Truefitt, of the Burlington Arcade, has enlight ened the public as to the objects and purposes of his really exquisitely decorated salon—namely, " A Toilet Club," new in its essential characteristics and select in its subscribers. A something of this kind was much wanted at the west, and we know of no one better able to carry it out in its integrity than Truefitt, who has a perfect right, in the abundance of his appliances, to give his patrons the novelty and comfort of apartments fit for royalty itself. • GRAND TRUNK RAILWAY OF CANADA. The statement in the recent advices from Canada that the Provincial_ Government may probably be induced to withdraw their support from the proposal for a fresh grant of 900,0001. to the Grand Trunk Railway is affirmed by the best in formed persons on this side to be wholly erroneous. •Tbe measure is understood to have been made the subject of a fierce party contest, and it will consequently serve xis the pretext for political attacks and personal viete_poeur!! tion ; but, with regard to its ultimate success, n t _ o d pos b i t . appears t , ) be entertained. At the same time, h tive allegation in these advices that the en_tiree. w_oerkees of the line will be stopped unless the deman d be I w h d o e n l y t tractors be complied with is also sta te d foundation. Assertions to that effect a announce withheld, they will disseminated in the province, but the company that, whether the grant b at otermber next, and will open 265 miles in August or " fr om hv e b b e e en w w it i in one or two years from that d te have carried the line through GREAT RAILWAY UNDER SPEEDY CONSTRUCTION .ap .13_roreikntvesill.e to Toronto lis sa id a bout the extraordinarily TAKINGS.--A great de ,_ a i m ean Railway has been short time time in whic h _t i n. .. But it is not, perhaps, gene-. cuted—and deservtotity er 8 :f which the English nation has peaitieesi rally known— Peto ard Co. have j ust . y and (Mess rs. also nit: b e f) d — that Ltoernmd otinhnsettedosathmeem w it hin Its length is 160 m . iles, between the cities the three year -, the last important link that was wanted. to complete the line o r . , some double road, of fi with stations complete. On it th ere orafnLeaynoseaa.nd Avignon. It is a class,rat are from four to six miles of tunnelling. It passes through and spans with - fi stu pendous granite cuttings, of 1852 before the first sod was turned. , was three of the largest rivers in France. I DIE MAILS.—SOUTHAMPTON, n th e e bridges May 17.—The Royal middle mail steamship Atrato, Captain Woolley, left this after noon with the fortnig htly mails fo r th e W es t I n di es and Pacific, 55 pass enge rs , full general carg o . The Tay, 7,0001 . i n spec i e, 4 , 0001. value in jewellery, and a daily. The i rortion of the above mails, is ex pectedsteamer Madrid, with the hom ewar d _aptain Cook, with the mails for eninsular and Oriental Company's Vigo, Oporto, Lis bon, h 3o3n,paCssaednigz,ersands2. m e Gibraltar, l sailed this aftern oon with ie for Lisbon, and 22,40 N. for - Cadiz — total, 13 dizl t 7 otal, 36, 1521 . , besides-th e usual cargo. The Iberia, Captain stiffCh with the next h omewa rd portion of these m ails. petted about the 25th inst. The Euxine, Captain Weeks, from Alexandria, Malta, and Gibraltar, w ith the India and Mediterranean mails, is - look ed for about the 23d inst. The Sultan, Captain B urne y , W ill leave with the should she return' in time, will convey h P ninsular India and Mediterranean mails on the 20th t _. hee T r _li de e u :b ie e s ri o a : mails of the 27th. The Tagus. Captain Joy, lately re turned from the India and Mediterr . anean s t ation is Wotton, with dates from Xs* undergoing repairs previous _ to resum i ng the Peninsular route. The United . States ' mail steam • to arrive on Friday or Saiurday. YshoiprkStortLhoe76iB;bCianoPZinis expect ed . , of ith ill 9 13 4 0 . ~0). I;ibe ; it tr° es: o bB cti ; o f 4 o f tb ° _ I, p ill CO to oPl! orlol , 0 0° ' f r )0 4 : 0 Oi 50 i 29i i 73i 13a 49i 12 1 28 I 12 61 28 41i I 3f i 301 I