The Sun. — London, England, 1861-12-03 00:00:00

MlNFlrmilliftip..,.. _ „.....,,,.--,...,-,-_,..„.-. - . ......-., - ---. ~ . ME SUN - 2 L ONDON , ,•......................r.••*......M.d...M10••••• CI? OT DON RACES.-(This Day). SIIAR E MARKET-THIS DAl' ). BRITISH POSSESSIONS. 8 _____-----_ ' Closing 8 ‘ - Share' Railways. Paid.; Price. Business done ' EY ELECTRIC TELEGRAPH. ORDINARY SHARES AND STOCKS. INNKEEPERS' PLATE. , lee lAtlantic &St Lawrence all 63 CO Yorkee f ,Bom.,Baroda&.Cent Ind 100 '9O 100 995 9 Glautius .... Paid. done. • - - d Closing Business Thirteen ran. ' 2Ol 'Buffalo andLaae Huron all 4} 41 d 50 Belfast and Nor. Coma! all - - 205 1 Do. New - - f _ ______ i a o ll o 7'26 77 7 ... 25 ;Blyth and Tyne 1 all - - f I Buffalo,Brant e eGodrich 8 10 'Post Sled. andllid.Coe all 6 fa} .„ 100 . eII'ONE I' MARKET AND CITY NEWS. st .Bri3tol and Exeter I 100 93 05 tle p. et. bds. Aug. 1, LS72 100 'Do. do. July 1, 1823 100 68 73 1 -_-...- st Caledonian 1 leo , 103 1035 102} 3 10 Carmarthen & Cardigan all - - 100 Do. do. June 1, 1874 100 t 7 :2 5 ClcuttaetS.Eastii. (Le , ) all 4e f l i f CITY, Two O'CLOCK. eo ,C r9r and Bandon all - - 20 Capeeleastn.Prov. (Lime 2s. - - . ) The Foreign and Colonial Produce Markets 2020 Cape Town & Dock Scrip 13 lad Cork, Illrock, & Passage a a l l l l - 6 6 - .0 ;Cornwall 2O !Ceylon Guarantd. 6p. c. 7 4 - - 1 during the last few days have been rather inactive, to ;Do. A all - - 171 !Demerara.. ....... 5.... all - - rlO IDo. B A gets no div ) all - • • 20 Eastn. Bengal gu. sp. ( all 191 201 d and prices have slightly given way for several of ti 16p c.p . an.has been paid to B. stock East Indian, gu. sp. c. 100 101 102 1011 a the principle staples. Tea, however, has exhibited 2 5 5 0 ID pu ub n li x n e & rt l h l . lf A as b t . - .. j Tu u n n c e :2o Do. F Shares Ex t.... all - - co 1 100 184 I 9 20 Do. Jubbulpore. all - - s little variation. For sugar there has been a rather st East' A neaten allall 42 11 4 1 3 14 1 100 52 53 521 100 Do. 41 pc. Debentrs. all 9) 101 st lEBstern 'Counties lOO Do. sp. c. Deb., 1864.. all 100 101 I limited inquiry, and, except for the finer deserip- st Eastern; Union, A stock 100 47 50 100 Do. 1865-1870 all 100 101 1001 I tiens, prices have slightly given way. Coffee has st ! Do stock '0 rand Trunk of Canada 100 18 20 194 s maintained its value, more particularly good and 25 1 DoNw A, lat il e d E ° U d 3 o ds ll 1 1 : 01 0 3 i 3 = 3 -3 _ 5 34 et :East Suffolk 100 Do. 2d Pref. 6 per et.. all 59 53 fine descriptions of Plantation Ceylon. In rice a lOO ! Do. °per ct. Debentr. all 20 33 32 9 ; t iEleddilinib,ilir,e_epth2e. & 01 D a u sg n o d s e v e . 1 1 e 0 (0 1 9 2, 0 3 0 0 2 100 I Do. 7 per cent. 1862 .. all 35 40 fair amount of business has been reported, at full 100 ' Do. do. 1807 .. all 31 31 V st ;Furness 10 Forth & Clyde Junction l a o l o l __- _- 100 Do. do. 1872 .. all 30 31 i prices. The operations in saltpetre have been re- stock GLlndiaPenin.gua.sp.e, 100 100 101 1001 ✓ stricted by the Order in Council prohibiting the 1 s o t 1 , G i 3 (. 1 a e s a g t „ N a r n ( h d (I S. of IsVceosttlearund.l 100 a11 I_ol 106_ st 'Greet Northern ... . 100 1121 1131 113 20 Do. New gua. sp. c... 10 0 a d 111 100 112 113 112 114 stock Gt. Soutleof India (Lim) a exportation, and prices, which at one time were st Do A stock 1 100 130 132 guaranteed 5 per cent. 100 99 100 st Do Bdo e 103 105 exceedingly buoyant, are now quite nominal. The st ,Gt. S. an W. of Ireland 100 204 Gt. W. of Canada Shares all 91 91 9/ c 2Ol Do. New Tallow Market has continued dull, and a pressure s at ,GrDeaotsitVrelsrtacir2.nu.a...t.o.c.k. 100100 5 6 5 9 5 6 8 94 681 98/ 100 Do. 6 p.c. '73 with't opt. all 93 96 of speculative sales has caused a further downwardloo Do. 54 p. c. do. '77 d 0... all 87 90 O 12 ,Trish South E l a , ste t rn h. .. laolol 1064 1 - 061 106 i i 54 st IL aneashire & or •.s are, movement in values for both present and forward st ; London and Blackwell, 100 55 57 100 Do. 5 4 p. c. do. ' 7B d 0... all - - stock Madras guar., 41 p. c... 100 88 92 80 4 st Lon., Bright,& S. Coast 100 116 118 t delivery. stock Do. do. 5 per cent .... 100 99 100 99 a In the Liverpool Cotton Market yesterday a st Lon., Chat., and Dover. 100 47 49 47 st ; Lon. & North IN:estern: 100 921 021 92 stock Do. 44 p. c. Extension 100 91 93 20 Do. 5 do - -.. st Lou. & South Western 100 94 95 94} 4 stock alelb.Corp. 6p. a Ends. 100 - - fmuch better feeling prevailed, and prices advanced 25 IL'derry & Coleraine „1 all - 25 IL 'derry & Enniskillen. all 911 20 NewEranswick a Candy 1 d. to i d. per lb. Theles were 5,000 bales. s t , Slan e Shef., & Lincoln. 100 45 41 1 Ry e eLand(Limeg.6pc sales Class A Capital Share all 5 7 1 At the Bank of England yesterday there were no 50 15laryport and Carlisle. all - - 121 Do i slue es all - - .. Do. do. Land d 0........ •20 Do. do. B Capital do. .. bullion operations of importance. 10 Metropolitan 7/ 55 65 all 4 6 st Midland The Bank of Amsterdam has raised its rate of 6.4.0 Do ' N.. e w - Oude (Limited) ........ - - - stock Scinde ......, .... a l ,a 100 102 103 discount to 31 per cent. st Do Birming. & Derby' 100 93 100 20 Do. Punjaub .... Fa el 15 4 d i d ✓ 50 Mid Gt. W. of Ireland all - - 20 Do. Do. ........ lii q all - - d The steamer Ceylon, which leaves to-morrow for 25 Do. 4 shares - - India, China, &e., will take out £129,208 in specie, 25 Mid Kent 10 *Do Cray Line - - all - - stock Do. Indus. St. Flo. T e e,. 100 97 9a 10 Trinidad (Lim.) Scrip.. 1 4 1 d e principally silver. 100 Newcastle and Carlisle all - - FOREIGN RAILWAYS. 10 , Newry & Armagh, def.l 9 - - 1 There is a decrease of £585 in the traffic receipts 20 ';Newry, Warnpt, & Ros. all - - 2 0 Algerian . 5 - - e of the Brighton Railway for the past week, and of at 'Norfolk lOO 62 64 10 Antwerp & Rotterdam all 61 61 64 at * North British - -p .8 £1,052 on the South Eastern, compared with the st Nor.Dev.Rall&Dk.stock 100 - - 20 Bah.&S.Fran...Lim.7 p.c. 15 /1 d 144 Lt st Do stk • A revs no d 5 3elgian East. Junction all a 4 corresponding period of 1860. , A • 1 till 6 pc. has beenpdß 100 - - 20 Beziers to Graissessac.. all - - C 100 - - Carmeaux Mine & Rail 39 104 114 O The traffic returns of the Great Western Railway st ;Do B stock at !Nth. Eastern-Berwick 100 991 100 l 994 1 100 Copiapo - - ✓ of Canada for the week ending the 15th instant 25 1 Do, G.N.E. purchase 16.13.4 5d p e d 10 Ditto Extension .... all 431 st Do Leeds 1100 565 e 74 20 Dutch Rhenish ......... 16 4 par d amounted to £10,563, against £9,936 last year. st Do York .t At the annual meeting of the proprietors of the st North London - - 10 Do new 5 - - 20 Do. do, all - - t Peninsular and Oriental Steam Navigation Corn- 19.16.4 North Staffordshire - - n 10 N. and S. W. Junction all 101 101 20 Gt. Luxem., Con. shs... all 81 91 pany, held this day, the usual dividend of 3,--; per st Not. Gran. RI. & Canal 100 90 92 894 90 20 Italian Junction .... .. all - - 1,,1 0 P P e :, e r b ts l m es outh - - making, with the 31 per cent. already paid, 2O Lierre & Turnhout .... all - - cent., B . all - - 20 Lyons & Geneva. ...... all - - 7 per cent. for the year, was unanimously agreed to 10 Rhy - fonev - - 20 Namur & Liege .... .... all 81 8/ st Scottish Central I 100 124 116 20 Do. 6p. c. Pref. ........ all 20 21 a , There was a meeting to-day of the Bank st Scot. N. E., Aber. stock 100 39 11 16 Northern of France.... all 181 391 e of British North America, when the following st ! Do Sc ,t. Mid. stock i 100 97 99 16 Do. New Shares ~... 15 - - 0 10 ;Shrews. and Welchpool all - - 10 Norwegian Trunk Pref . . all 7 0 3 report was adopted •:-The directors have the satis- st !Shropshire Union 1 100 451 465 20 Par!s,Lyons, & Mediter. all 391 401 10 ISittingbourne & Sheer , all - - 20 Paris & 0r1ean5........ all 52 64 I faction of reporting that the result of the bank's ; 100 37 38 Recife &S. Fran. (Fern.) d st ;South Devon 2Ol operations, as ascertained from a review of the Lusi- 25 S. Durham & Lanc.Un I all - - gua. 7_p. ct. lirn ...... 17 4 34 I la at 'South Eastern 1 100 751 751 20 Riga & Dunabure•...... 13.8. - - ness up to Sept. 30 last, exhibits an increased profit at South \Vales st is. York. and River Dun 1 0 95 97 5 Royal Swedish ........ all - - ~., as compared with last year, due allowance having 20 !Staines,Wok.,andWok., all 51 8 4 I Do. 7 per cent. Pref.... all - - y 25 Stockton & Darlington; all 36 39 20 (Sambre & Meuse .. been made for losses incurred, and for such as may -9 25 Do 113 8 9 p 10 , Do. 51 per cent. Pref.._ all 81 95 is be deemed probable. They cannot, however, but 25 Do New, 1860 1 5 56 p 20 ISan Paulo, lim, ge 7p. c. 4 1I 'l h at I'Taff Vale. 1 100 - - 20 S.Aust. &Lomb Venetin 16 i i regard with feelings of anxiety the continuance of at I Do Pref. No. 1 llOO - - 26 Southern of France.... all 251 265 a state of war in America. A prolonged disturb ance 25 ,ThamesHavenDk&Rail 22 - - 2 0 S. East Portkeg,al7 p et. 4 -- - 5 0 131 , ter 1, ofihose commercial relat ions which have of late years 12 2 a . 5 10 1 1 1 ~DDoo Neath n , ef 1d ip 20 W. & N.W. of France .. all 20 21 acquired so extensive and beneficial a at V a l e ale of ' 100 83 86 20 Western of Austria.... 6 - - ..- development, more especially between Western 10 ; Victoria sta. and Pim , all 125 13 20 !Western of Switzerland all - - 5f st (Waterford & Kilkenny 100 - - 6 1 Wiesbaden - - It Canada and the United States, must press 50 'Waterford & Limerick.' all - 6 I Do. 8 per cent Pref all - - 1- - heavily on the trade of the provinces. In other 20 West Cornwall 20 West London ' all 6 64 1 all - - 20 IZealand - - i all - 13RTTISH MINES. ;e respects, they regard the prospects of the 10 Do Ist class 1 all - - 20 Do 9.c1 class , all - - - A Breit Consols (Philacke 3.2.10 1 1 n North American colonies as encouraging. The st liv. Hartlepool Haraeß ' 100 -2 ,, I llritish Iron 18 harvest in Canada has again been abundant, and s 'West Midland Oxiord 100 47 49 464 - ,Clifford d st Do Newpor - 100 43 45 - Devon G. Cons. (Tavist )1 1 3(5 375 1- tire marked progress and prosperity of its agricul- st Do Hereford 100 89 01 - E ast' Bassett (Illogan) 3O CO 65 - ast Caradon e.11.6 27 274 d tural interests can scarcely fail to attract the tide of LINES LEASED AT FIXED RENTALS. - ,E. Wit Russel (Tavistk.) 7.4.0 3 34 - 1 emigration to that colony, whilst the recent dis- - Great, South Tolglis .... 175 4 45 coveries of gold in Nova Scotia, will, doubtless, - G.Wheal Alen. (Philack - - Railways. Leasing Closing Business Co. s Price. Done. - 0. Wheal Vor (Helston) 40 61 74 Y Under the fostering care of the local government - ;Grenville 6.8.6 11 14 Paid. if' - - Ilerod's-Foot 8.12 37 89 prove highly advantageous to that provinee. Upon Bedford and Bletchley all Lia.&N.W .. .. 1 H - ingston Downs 4.11.6, 31 4} CI a careful estimate of the probable results of the Birkenhead lOO De.&G.W ;13 5 4 (3 86 -a ;Lady Bertha Buckinghamshire... lOO Do. - Margaret (tiny Lelant) 91 40 42 a i- Bank's business for the year, the directors have de- C hester & Holyhead... 100 Do. 53 54 - 'North Downs 2l 54 51 Do. 51 per cent 100 Do 122 124 - North Frances (Illogan 1 115 24 14 is Glared a half-yearly dividend, payable on and after Do. 5 „ 100 Do. - , a7.Wh 'I Bas9let (1110 ;an)! 1.14.0 34 31 the 3d proximo, at the rate of 6 per cent. per Clydesdale Junctionunction 100 Caledon. 101 103 - 'North Wheal Crotty ..19.18.9 14 2 )- Colchester, Stour Val. all E.1.1.&141C .. . • -.Par Consols ("St. Blazey)l 11 7 8 10 annum, free of income-tax. 1 E. Lincolneli. gA pr c. , 100 G'.North. 133 136 20 Providence(Uny Lelnte 10.6.7 41 41 0 E Union HarwichShs l all E Counts. 4 41 Business in the market for Public Securities to- E. Woodbridge.... °Abridge.. . 100 * , - , Sortridge Cons. Min. Co. 1 f a • • • • - .South Caradon(St.Cleer) 11 333 P5O x Gls.Barr.&Neils.Drc . t., 100 Caledon .. • • day has been rather active, owing to the uneasiness - S. Cern Brea (Illogan).. 3.9.0 4 44 [t Do. new 1 100 Do 1 S. Dev. Iron &G en., Lim. all aI, is Still excited by the position of our relations with Gloster &Dean Forest all Gt.. Wei:t * . :: :: Hull and Selby 1 all Yk.N. Mid 110 112 - IS.Wheal Fran. (Mogan) 18.1e.0 1 85 95 - Stray Park s, America. Several sales having been effected on Do. halves I all Do. .. 5 Tamar Silv.& Lead Min. 41 14 11 n speculative account, a fall of 1 per cent. has re- Do. quarters 1 all Do. ...... ... 10 Tin Croft 9 75 71 Lancaster & Carlisle' 100 Ln.&N.W 198 202 - Vale of Towey (Carm ) 13s (id * 1 a- Stilted Consols having descended to 90-'4: 91 1 for Loudon & Greenwich 100 S. Eastern 61 63 West Basset (Illogan) l4 13 14 131 1- , Do. Preference 1 100 DO. , is money and the sth inst., and to 91-1 1 for the Lon.,Tilb.&Southend 100 Peto &Co B5 87 - ,W es t S e t on ..,.........1 471 290 100 3- January account. The New Threes and the Re- Lowestof t gam. 4 p c... 100 ,Norfolk .. .. Do 6 per cent ' 100 Do.: - ,Wheal Basset (Illogan); 55 80 85 - IWheal Buller(Rediuth), 5 1 75 5.5 it duced are 901 -1, being steady ; Bank Stock is firm at Slnc.,l3xtn.et Matlock, all LNW& M 34 34 - WlRdt Edward (Cals.); 71 1 21 31 to 23 21, 234 ; India ditto 228 and 230 ; ditto 5 per Mid Bradford Prefer-, 1 100 Midland 94 96 - Wheal Kitty (U.Lelant), 1.7,2' 5 6 of Cents, is 102 a 3-, ex div. Exchequer Bills, March, once stock Newmarkt, BuryDx 1 ,5. 6 . 6. I. Counts, par 1 p - I'Vlieal Mary Ann (Ilene: 8 16 17 - IWheal Treiawney (Lie.)! 7 155 164 .a gua. 5 per cent... ' _ FOR le IGEN MINES. have advanced to 13s. and 192. prem. ; and ditto NortlinetEastn. sp. c. all Do. is d hne to 14s. and 17s. prem. Do. 6 per cent. .... all 'Do. Do. Fixed sp. c.... all Do. .. . 20 Australian 3- A. general decline has taken place in Foreign N. Eastn-llartlepool 1 , 0 N. E. Ber. .. .. 1 BonAccordCopper,Lim 17.6 4 , 01 . Id 1 f North 'Western 161 20 Brazil St.J.del Iley,Lim 15 50 51 r- Securities, and business has been rather dull. 5 Do. Land and Mining Co. all 11 2 is Turkish 6 per Cents. are 79 80 ; ditto, 1858, 69 to Preston and Wyre. all I '"' W 43 45 Do. 4 shares & L.Yk. A all Do. •• • • . 1 ! Clarendon Cons.MieCo. a - die. 10 Cobrei Copper all 36 28 (V - iCopiapo le 6 8 d 10 ; but the 4 per Cents. are rather firmer, viz., 1 Royste. Hite:h.& Shep. 100 Gt. North. 133 136 Sh D ra o wsby p & o. Hereford 100 T Brassey 118 122 3 1 14 1 iDunaloun.Cop.Ming.Co all 1 14 2 ;Fortuna. Y 8i f : 12 ; Spanish Stocks have not been very eaten- Staffordshire .. 100 Ln.&N.W .. .. 20 'General all 23 24 Veiy dealt in, the 3 per Cents. have receded to Wilts and Somerset.., 103 Gt. West. 91 93 2 ! Gt N. Cop. of S. Austr 1 1 5 p If 14 Kapunda (Limited) 1 i it p 51 1, and the Certificates to 51 6 ; Mexican are very Wimbledn & Croydon) all L.&Brgtn 85 95 I ' Linares all 7 8 depressed, being 27 1•; Buenos Ayres Deferred are PREFERENCE SHARES. 5 l'.usitanian 2 } }pr 1 'Mariquita all a i i [yr heavy at 28; and Venezuelan at 22 ; Portuguese S. are firm at 474 ; and Sardinian are 791 ex div. . Share l 1 Railways. ra i d. Closing Business 20 Pontgibaud Silver,Lead Mining and Smelt... all 2 4 Id Prices. Done. 5 Port Philip 1 11 li Business in the Railway Share Market continued ts 1 Scottish Austrin. (L.)..1 10s. 114 1 ' v ery inactive, and the few bargains entered into 01111 United Mexican ........ ' ail 81 81 81 4 ' 9 l 25 Blythe and Tyne 10 p.c. 1 Worthing (Limited).... all i 1 [yr have been mostly at reduced prices. South - Wes- pref. issued at £5 .... all - - I Do - - st Bris. & Exet. 4p. c. at.. 100 - - 1 te rns, North Eastern (Berwick), and North Eastern 20 Do. shales - (York), declined ss. ; Caledonian, Eastern Counties ' st Calelon. £lO, 45 p. cent lOO - - COLONIAL GOVERNMENT SECURITIES. d. , at Do. guar. shares. No. 2 100 - - - - Can. Gov. 6 p.c.Ja..ed ulyl Great Northern A Stock, and Midlands, 10s. ; and 6 5 Cork & Bandon, 51 p. c. all - - h 20 Cornwall. 5 per cent.... all 201 215 - 1877-9 .l 100 102 107 Lancashire and Yorkshire, and North Westerns, - Do 6p. cent.lBBo-2: 100 - _• d 15 5, 64 Dun. Perth, & AbereTun. all 6 61 10 Do. Ist Class Fret all - - - , Do. 6p. cent.lBs3-4' 100 - _ st E. Anton. Class A. sp. a 100 101 103 - Do. 6p. c. Feb. & Aug - . 1 1 ( 0 )0 0 102 94 10: 8 95 2 le The Foreign and Colonial undertakings have been st , Do. Class B 6 per cent lOO 112 117 - Do. 6p. c. Mar. & Sept. i 100 102 107 I-st 1 Do• Class C 7 per cent lOO 110 116 Tory inactive, and prices have shown no material st !le. * Coon. Ex. 5 p.c. No. 1 100 103 110 - 1 Do. 5 per cent , If alteration. Bahia and San Francisco realise 14- 1 - . st !Do No. 2 11,0 107 109 -- ICapeG D .l - 1 0. ope, 6 p c, 1 18 8, 8 0 (it 1 1 0 00 0 1 1 ( 1 , 8 410 1 - ' st 'Do. new 6p.c. st lOO 123 125 - IN.E.Gov. 6 p.c..la.&July 100 102 1(5 100 Antwerp and Rotterdam 6 3 ; Sambre and Meuse 7 ; at ;Eastern Union. 4p. c- 100 81 83 - Do. 6p. c.Ap. & Oct. , 100 - - Grand Trunk of Canada 191 •; Great 'Western of at !Do 5. c. guar lOO - - -N. S.W. G ov. sp. c., 18661 100 98 100 - Do. sp. c.,1871 to 18761 100 98 99 98 Canada 91 ; East Indian 1011 ; and Great Indian st Edin.& P Glas7s p.c. shires 100 111 113 X- at Do. 4p. c. guar. S. &: •„ 100 89 91 - Do. .c., 1888 & upwde , 100 97 99 981 P eninsula 100,-,- 5 . st Edin. Perth,& Dun. 4 p.c. 100 80 82 - Nova cotta Gov. 6p. C. ?CI at Furness, 5 per cent lOO - - stere ng, 1875 lOO 102 105 102 st o inset S.IV est. gu. 5 p.c. 100 - - - S. Aus,Gtip.c.lB7eaez up , 100 u . - Joint St oc k Bank and Miscellaneous Shares con- - - . st Great Northern, sp. c.. 100 114 116 - I Vie.Gov. 6 p.c. JtaarJulyl 100 - - ;g tinned without material variation. Union of Lon- at D 0.5 p.c.Redm.lop.c. pm 100 110 112 - I Do. do. 6 p.c. Ap.&Oct lOO 103 104 1 03 4 1 4 st Do. 45 p. c. do l OO 1 0 2 104 1- don d ec li ne d t o 27T ' st Do.sp.c.Reclmatsp.c.pm 100 107 100 __ _ _ DOCKS. n. 10 Gt. Nh. of -cot. Ist pref. all - - stock 'Commercial leo I - st Gt. Sn. &W. (Ireland) stock ' Do. 4 per CentPref.alin lOO 1 - B urisli FUNDS-ONE O'CLOCK. 4 per cent lOO 97 99 stock East and West India . 1 100 ' 123 125 Bank Stock or i 3 per Cent. Reduced Annuities 9 0 2. w i 2 - 4 Ilants Ext) 5 per cent 6 - - stock St. Katharine 1 100 61 63 ill Ne 3 w Cent. Consols Annuities st , Do. redeem. 4p. ct.... 100 88 90 stock Southampton ' 100 1 - a- -New 3 per Cent. Annuities.... 20 ,Thi . New .___ _ --...-9.- 2 114 pr A. Annuities, 30 yrs, expire sth Jan., 1880.. - at IDo. sp. a redeem. pref. 100 102 101 01 -- Ditto for 30 •yrs, expire sth April, 1985.. 15% 8 !Do. Ilirm. pref. shares.. all 91 10 JOINT-STOCK BANKS. India Stock beloo Agra&llnitedService Bk 50 85 87 I , Ditto 5 per Cent, ae tu b l i tt t it t oo o 55 E lp n e f r a ce d Cent, Paper, - 2F4 Do. Chester guar. shares all 201 201 25 , Bank of Egypt all 201 211 971 7 131 Do. do all 105 101 100 Balk of London .......5 0 64 66 per Cent Ditto 50 British North American all 53 6 , e . Debentures, 4 per Cent., Oct., 1863 - 100 ' ; Lan. & Carl. 91- p.c. pref 60 - - 20 Chtd.Bank of India, &c. all 194 20 Ditto Consols for Account, D lB e s c 9 . 5 . 9Bl st Lan. & York 6 p.c. stoce 100 136 133 25 Ch. Mer. of In. Lon.& Ch. all 32 31 • at Do.Barnsl.stee 2s 104 e 100 - - 911 1 x d 100 City 18 India Stock for Account, 5 per Cent .... 103 24 x d st Do. op. c. (East Lane, , 100 - -- 100 Colonial 24 37 38 a- March. June. at Do. 41 p. c. (Blackb. pur. 100 - - 2 st LonAllrig.sp.e.gu. No.l 100 - - 20.11 ,Com. Bank of Canada all - - a- xehequer Bills, £l,OOO 25.... 13 19 pm 14 pm at Do. 5 per cent. do. No 2 100 - - 100 ;Commercial of London. 20 - - 20 I Ding., Scot., & Aus. Ch all 174 18 171 1 C- Ditto £5OO .. 13 14 pm at Do. 6 per cent. do lOO - - Ditto Small 2O 'Gen. Ilk .of Switzerland all - - of - - st Do. 14 per cent. do. ..., 100 - - 20 Lou.; Char.likof Austral all 284 254 FOREIGN FUNDS-ONE O'CLOCK. trazilia n 5 per C en t - - 20 Do. new lO 4 1 5 1; 50 London and County - st Do. 7 per cent pref. stk 100 15 0 1 55 50 London Joint Stock .. 10 133 34 •,•110 45 Der Cent, 1858 an Ditto 45 per C e nt, 1860 st Do. 4 per cent. pref .... 100 92 9 4 100 !London & Westminster 20 170 71 1701 ce B uenos Ayres 6 per Cent - at Lon.Chat&Dov. sp.c.pf. 100 - - 9 2 100 INat. Prov. of England 42 --. 1 Ditto Deferred - - 20 'Do. new 25 - - 12 - - 50 'National Bank 11 exican, 3 per Cent - 10 190. lletrop. Ex. 13, t p.c. 34 - - nt iiitto Account Nuneaton, 5 per cent. 100 111 113 2C ~ N e South Wales.- all - - 25 Orient. B. Corporation . all 149 51 -50 : i' ertivian 41 per Cent - 20 : Otto man Bank ... .. ... all 171 185 181 ld st Lon. & S.West. 7p. cent. Ditto 3 per Cent. . eo D rt i li tt g o ti A es c e e 3 ount - st., late 3d shares .... 100 - - 100 Provincial of Ireland * .. 25 I - - a - St Do. 4+ per cent - - 25 South Australia ..,- i all 1 - - a per Cent 1853 47 2s 6d Do. (Prtsm. perpl. aims. Cent., • 5 1 ° 0 ' A n n: trlo-;°lf h L s ;aon Ditto Account - - Russian 5 per Cent. 1829, XSt 471 124 Londondy. & Cole. 5 she all - - - 121 Londonv. & Ennis./ shs all 131 14 : 13 4 100 i Unity hfutual. 2510 Atlantic tiu s : r .- a - i l n t: 60 '--- ' AI ;SCE Ise:mitu(: L ad . L 1), A R U 2l S 6 . 228 Ditto 41:per Cent ' Ditto 3 per Cent. 1859 9ll at Man. Sh. & Lin. 6 per ct. 100 124 126 Agricultural alint . I all 1 144 151 eardinian 5 per Cent 10 1 0 0 0 Atlanticßerlin l v Tel. a : e :1 ( , L i mi (Limited) t i e t e d d ) ) all all - 5 - si st Do. 31 per cent......... 100 65 70 .. - Ditto Account OS a._ a , , d. ../o iii.h 3 per Cant l2l al aryport & Carl. 4 pr. c. all .. ~ 121 Do. 41 per cent. ... . Ditto Account Ditto New Deferred st Do.Con.Bris.k. Bin 6 p.e. 100 137 139 - - Ter Ditto Account id. Sp a • all .. .. 20 Do. Te7p.c.tilllBs2 (Lim.) all I 18 20 Turkish lush Cert. of Coup. not funded 6 per Cent. at Do.Leic. andllitelper et. 100 92 04 325 Canada Land all ; ICO 105 et, Ditto New Loan - cl. I)itto Account 11).;tto Guaranteed, 4 per Cent. - 17 102 s a st D D o o .. 3 0 1 5 v n a • . , c . laTa Pref. iE x st. s t. 11 8 8 41 77 1 100 00 .. .. .. .. st Nort British, 5 per cent. 100 109 111 st. Crystal Palace , enezuelan 3 per Cent . Ditto Account .. Id, Dividends on the above payable in London. 10 'Do. do. do. all .. .. 20 E.lndia Irrign. & Canal 1 id }pm Dutch 25 per Cent., Exchange 12 Guil. st IN-East. Cons. pref. 4 p.c. 160 .. • • 25 Do. New l5 - - en TWO O'CLOCK. st I Do. 41pr. ct. redeemable 100 .. .. 5 English & AWL Copper, all 325 31 ad Consols, M oney - st Do.l G. N. E. 4p. ct. pref. 100 99 101 15 Gen. Steam Navigati ni 14 1 Great Ship I imited)... all i $ re Ditto Account 901 17 IDo. Berwick 4p. c. pref. 100 98 100 20 !Do. Leeds 6p. c. No. 1 8. 13.4 1 dis par 1 Do'. 175 pct Preference all I Ditto January settlement 905 91 12 5 Do. do. Quarters, 1818.. 13 .. . • 5 Lon. District, Tel. (Lim.) 41 - _ he 4 L.G. Omnibus Co. (Lim.) all 11 10 25 iDo. York, 15. &S. Purch. 9 ~ . • 311 --- - - -' - - 20 I North Staffordshire.... 10 Idis ipm 20 Madras Ira and Canal.. 1 225 ks _ROYAL DR.-1.111.4T1C COLLEGE. 10 Ithymney Guaranteed . all 221 231 10 'Sled. Exten. Tel. (Lim.) all 4 5 25 National Dis. Co. (Lim.) 5 4 i d .st 8 4 : S 'ell t ish Central. new pl all .. . • + st l acot fish North-Eastern 20 INerbu.Coal&lron (Lim.) 5 14 id 3.4 p. c. pref. stock.... all .. .. 10 :Netherlands Land all - - el, 4 . 'r ° - Morrow evening a ball of the most brilliant descrip- st lio. Aberdeen,gua.6p c 100 .. .. 5 Do. 8; p.c.Prefeiss.atl dis all 4 1 ,n, gen. ~,,,• 100 N.BreeNovaScotiaLand 81 10 15 J ames's, ill take place at Willis's Rooms, King-street, St. st Do. 7p. c. pref. stock 100 .. .. 1 N.l3.Australasian (Lime all 1 14 Gil the f the profits arising from which are to be added to 10s. !South Devon, Ann, 10s. 100 132 136 10 Do. Fixed 45 per cent all 10 101 1 Oriental Gas (Limited). 'all 11 I 1 si- funds now in hand for the purpose of erecting the cen 1 Do. New Shares (Lim.). all 1?, 14 ts a . 10. 6. South Eastern (Reading all .. .. he 1 hall of the college. The assemblage on the occasion st • A Tl n t. n 4"4 l P o er 6) cent 56 100 100 102 1 7 19 1 : 1 0 doubt, be most interesting, as all the leading mem- st Do, Fixed 41 per cent 100 99 101 st. Peellt.LndhalineLim) 100 47 50 49 rig • " I ' s of the dramatic profession will be present. The ball 0 unalloyed st South Wales, gua. 4p. c. 100 .. .. 50 50 PeDno..&seowriental Steam a 3 l O l 70 11 7 1 2 3 is, under at Do. 41 per cent ad the most distinguished patronage, and an evening at Do. do. 1859 lOO .. .. all 17 18 ll.pleasure is anticipated. '1 he admission is by at Do. 5 per cent. lOO •• • • . " I . l •eh t s Yorkshire, 4p. c. gua. 100 85 83 s. Mi c h el l ' er, which must be exchanged for tickets either at a '• 20 Do. sp. c.g,ua. 13 .. .. st. Scot. Austin. Inv.(Lim.) 100 130 140 1 5 0105 0 R l.l o l D i 3, y ,oa m . 1 n 5 reay Newi 1 I s r t o e n a in a 33, Old Bond-street ; Sam&', St. James-street; 25 ,Stock. & Dar. A 5 p. c... all 274 '2Bl 25 South Australian Land all 32 24 Cr, at the rooms of the Dramatic College, 15, Bedford-street, 251 p. c... all 32 33 1 Submarine Tel. Scrip an ala i 0 I re ei.ra n d . Do. C 6 p. c... all 32 33 st I Watrid & Teilkny. 6p. c. 100 42 45 he st W. Slid.-Oxf Ist guastk 100 123 125 125 4 ' 10 Trust and Agency of st Do. 2d do lOO 121 123 10 1 Do. do no n . egiste d r o ed .... 'a: 1 1 Austrlasia (Um) ist is. 1 pr 1 p 7e- Of. da, Pr he Lord Chancellor arrived in town on Satur- J e • "(ening from his seat, Rackwood Park, Hants, st Do. Newport 5 p.c.pfred. 100 100 102 st tDo. Perpet.6 p. c. pf. 1866, 100 120 123 st Do. till 18091 100 118 120 100 an Oteuaca' B (.lad sal 281 9 10 , i 2 5 0 urr..ednom.CroieoLt e ll o pr i Lan .) . l 15 154 Ipir LINES LEASED AT FIXED RENTALS. , Paid. Leasing Closing Business Railways. Co. s Price. Done. Bedford and Bletchley all Ln.&N.W .. .. Birkenhead lOO 1L3 1,, .&G.W 44 86 Bucking,hamshire lOO Do. Chester & Holyhead.. 100 Do. 53 54 Do. 51 per cent 100 Do 122 124 Do. 5 „ 100 Do. Clydesdale Junction 100 Caledon. 101 103 Colchester, Stour Val. all all E.11.&1 4 1C .. . • E. Lincolnsh. gA pr c:1 100 Gr. North. 133 136 E.tinion,HarwichShs l all E,Counts. 4 41 Do. Woodbridge... . 100 • • • • Gls.Barr.&Neils.Drct. 100 Caledon .. • • I Do. new Gloster &Dean Forest) all Gt. eit . . .. .. Hull and selby 1 all Yk.N. Mid 110 112 Do. halves 1 all Do. Do. quarters , all D 0....... .. .. Lancaster & Carlisle 100 Ln.& N. W 198 202 Loudon & Greenwich 100 S. Eastern 61 63 Do. Preference 1 100 Do. Lon.,Tilb.& Southend, 100 Peto &Co B5 87 Lowestoft gua. 4 p c.. 100 .Norfolk Do n per cent 1 100 Do. 31nc.,8xtn.,,t Matlock, all LNIVS:, 31 31 31 Mid. Bradford Prefer-, ence stock i 100 (Midland 94 96 Newmarkt, IluryEx ' • 1 5 6.6. , E Counts. par 1 p gua. 5 per cent... 1 Nortlin.&Em4n. sp. c. all IDo. Do. 6 per cent. .... all 'Do. Do. Fixed sp. c.... all Do. N. Eastn—llartlepool 1 , 0 N. E. Ber .. .. North Western .W Preston and Wyre. all & L y L.k. 1 43 45 Do. 1 shares A all Do. ••• • .. .. ~ Roystn.Flitch.& Shep lOO Gt. North. 133 136 Shrznvsby & Hereford 100 T Brassey 118 122 Do. Do. South Staffordshire Wilts and Somerset lOl Gt. West. 91 93 Wimbledn & Croydon) all L.&Br„.lln 81 91 1 , 011+;IGEN MINES. 20 Australian 1 BonAccord Copptr,Lim 17.6 id . id 1 f 20 Brazil St.J.del lley,Lim 15 50 31 5 Do. Land and Mining Co. all 1} 2 1 ! Clarendon Cons.MbiCo. ; dis. 10 iCobre Copper all 36 28 iCopiapo l6 6 8 1 ,DunMoun.Cop.llling.Co ail 1 1} 2 ;Fortuna. 20 'General all 23 24 2 i Gt N. Cop. of S. Austr 1 i op If II , Kapunda (Limited) . I i li p 2 ' Linares all 7 8 5 I'.usitanian 2 1 I pr 1 ' Mariquita all A i 1 ' N.lthineCopofS.Aus.L I I id 20 Pontgibaud Silver,Leatl Mining and Smelt... a 11 2 4 5 Port Philip 1 11 if 1 Scottish Austrin. (L.) , 10s. 1 id 1 28.214 United Mexican 1 Worthing (Limited).— all i I I Do • • 1 COLONIAL GOVERNMENT SECURITIES. Can. Gov. 6 p.c.Ja. Sta ulyl 1877-9 .l 100 102 107 Do 6 p. cent. lBBo-2 ' 100 , Do. 6 p. ccnt.lBB3-4 100 1)o. 6 p. c. Feb..t Aug., 100 162 107 Do. 6 p. c. Mar. (.1; Sept. 100 102 107 I Do. 5 per cent ' 100 94 I 8 95 2 -- ICapeG.Hope, 6 p c,lBBO 100 1(8 110 I Do. 1890, 100 109 111 i N.B.Gov. 6 p.c..) a.lzJuly 100 102 P 5 100 Do. 6 p. c.Ap. St Oct., N. S.W. Gov. 5 p. c., 18661 100 98 100 Do. 5 p. c.,1871 to 1876; 100 98 99 98 Do. .c.,1888 & upwds , 100 97 99 98i Nova cotta Gov. 6 p. c ' ster, ng, 1875 lOO 102 105 1 0 2 S. Aus,Gop.c.lB7a&up , 100 . - IVic.Gov. 6 p.c. JA.,lrJulyl 100 I Do. do. 6 p.c. Ap.AtOct lOO 103 104 1031 I I PREFERENCE SHARES. Share I Railways. raid. Closing Business Prices. Done. DOCKS. stock Commercial ICO I stock 'Do. 4 per Cent.Pref.Min. 100 stock East and West India stock tondo- stock St. Katharine ' 100 61 63 stock Southampton lOO stock Vietoria ........ 100 97 99 20 DI I • New. 2 ld pr THE SUN, LONDON, TUESDAY EVE NI :IG, D 1113 11 3, 1831. ships, almost an impossibility. An immense extent of pro perty must be sacrificed in any case, and the sum of human suffering grievously increased, but we contend that the pro portion of loss will be very much less than in 1812, and far too slight to leave the Americans much hope of victory through British exhaustion. Granting that in every other respect America is as well armed now as she was in 1812, the grow th of the power of steam is wholly upon our sick. —Spectator. OUR IRON-CLAD FRIGATES. In the article on this subject which appeared in our columns last week we stated that it was a great error to suppose that all our built ironsides were 'ike the Warrior. We venture now to point out another error which is also very general—namely, lat of estimating the whole of our iron frigates, whether building or built, as an already effective fleet. Now the fact is that at least 20 months from the present date must elape before four of our finest vessels—the Alinotaur, the Achilles, the Captain, and the Northumberland, are even afloat; and we learn from the experience of the Warrior that, even using the greatest speed in equipment, it would be at least six months from that time before they could be ready for commission. The truth is that our iron fleet is much deficient in numbers as compared with that of the French. The great size and enormous massiveness of our vessels render the building of them a very slow process. It is the knowledge of this that makes us anxious to see more of them in hand, and we should heir with unmixed satisfaction that the Admiralty had car- ried out the intention they expressed this autumn of calling for tenders :for the construction of three more, in addition to those now building. The four really iron ships now being constructed (for we do not include in this category either the Bul wark or the Royal Oak at Chatham, which are merely wooden two-deckers cut down to be plated with iron, on the French system) are what are called the " improved Warriors," whose names we have already given. Every improvement which it is now seen that the Warrior requires these ships will possess, while, on the other hand, they will be free from all her defects, especially that most im portant one of construction, which leaves the stem and stern vulnerable to shot, The new ships will be coated with armour from end to end. At every point they will offer to the fire of an enemy plates of wrought iron not less than 5 inches thick, backed up with 10 inches of teak, with half an inch of iron (the skin of the ship) inside all. After the complete success of the trials at the 'Warrior target, the propriety of adding to the weight of the armour plates by increasing their thickness an inch is strongly disputed by some of the highest autho rities. For every purpose of warfare the Warrior is practically invulnerable, and it is contended that by still further adding to the weight of the plates no additional protection is gained, and a great deal may be lost in the effi ciency of the vessels by rendering them dan gerously unwieldy in rough weather. The War riot's plates of 41 inches weigh 950 tons, but to cover the new larger ships from end to end with plates of 51 inches will require no less than 2,000 tons of metal—an enormous mass of dead weight for a ship to carry in addition to her ponderous en gines, stores, guns, shot, and shell. It is this in creased number, size, and thickness of the plates that add such a heavy item to the cost of each of the new vessels, which require for their hull, en gines, and rigging alone an outlay of nearly £452,000. The Warrior up to the present time has cost rather over £400,000, and her successors, before they are at sea, will cost £600,000. These are large items, but it may be truly said that the country gets value for its money, and the first out lay is the last, for the hulls of these tremendous vessels ought to be as good two or three centuries hence as they are now. The new ships are not only to be steam frigates, but steam rams also, for their bows project be neath the water far in advance of the apparent bows above. The bows, in fact, are formed like the outline of a swan's breast, according to the plan first suggested in the Warrior by Captain Ford. The length of the Warrior is 380 feet, breadth 58, and her tonnage 6,170. The new ships are 400 feet long 591 broad, and with a tonnage of 6,815. The in crease of breadth in the new ships will, however, be almost entirely under the water line ; and by this means, and by giving them a slightly flatter floor, their displacement is nearly 1,000 tons greater than the Warrior. This, as the decks are not wider, also increases the slope of the sides inwards from the water's edge, which in the Warrior is at an incline of about 1 in 13 feet, but in the new ships will be at an incline of lin 81 feet. This not only almost doubles the chance of the shot glancing, but has the still more important advantage of getting the weight more to the centre and diminishing the tendency to roll. The power of the War rior is 1,250 nominal ; that of the new ships has not yet been decided on, though en gineers say it is a point which admits of very little doubt. If the high speed of the War rior is to be maintained the new ships should have an in crease of power in proportion to the increased weight and bulk of the mass to bemoved. Bearing in mind that they will have a greater displacement and greater midship section than the Warrior, 1,500-horse power is considered the minimum of what they ought to have to do their 17 knots.. No economy will be so false as that which reduces the speed of these noble vessels. The arrangement of the bows in order to fit them for the discharge of their tremendously destructive duties as steam rams is very peculiar. The " beak" is below the water line, and projects, as we have said, at least 20 feet in advance of what seems to be the bows above. Thus the long overhanging weight which the false cutwater of the Warrior necessitated in order to conceal her beak, which is above water, is entirely done away with, and the bows are water-borne for some 20 feet at least before any weight comes upon them. A space of 30 feet long by 9 feet deep of these seeming bows is left without armour plates, and only defended ftom the spar deck line upwards by teak bulwarks, which lower down like the bul warks of the little gunboats. But inside this slight defence comes a semicircular shield of armour, 7 feet high and 51- inches thick, and spreading com pletely across the bows of the vessel before the foremast, from side to side. In this there are to be portholes for two immense Armstrong guns. On the main deck below is another similar shield, reaching up to the iron spar deck, but without guns, as it is simply intended to cover the crew against the chance of a raking fire. By this arrangement the most complete protection is given to the men both on the spar and main deck, yet without incurring any top-heavy weight forward, as the shields are both within the water-borne line of the hull by at least 40 feet. The bowsprits of all are to be of iron fitted with a powerful hinge where they spring from the deck, so that before going into action they can be turned backwards and in wards, that there may be nothing to deaden the force with which the ships w;11 strike when the occasion offers to use them as steam rams against the enemy. There appears to be very little doubt but that all these vessels will have four masts specially designed to carry more fore and aft can vass. Even the short cruises of the Warrior have shown that the conventional three wooden masts and square rig are as unsuitable for these ships as armour plates would be on a Holyhead packet. But, above all things, whatever the number of the masts, it is of the last consequence that all should be of wrought iron. Wooden masts are not only easily shot away, but are perfectly certain to go by the board on the very first attempt to use the vessels for one of the purposes for which they are specially built—namely, as steam rams. It is very possibie that in this last case the iron masts might do the same too, especially if square rigged; but they have this immense advantage over timber, that they could not be shot away, and that if they went overboard from other causes they would tear them selves clear, and go down alongside like a deep sea lead. Wooden ones would of course, float ; drift astern, and to a certainty foul the screw with the wreck of cordage. No officer in either service was more alive to the imminence of the dangers which must thus arise from this cause from the use of wooden masts than the late Sir Howard Douglas, and as iron masts are as light, much cheaper, and ten times more durable than wood) every LAW INTELLIGENCE—(This Day.) ROLLS COURT. (Before the Master of the Rolls.) HUNT V. HUNT- JIMGMENT. His Honour the Master of the Rolls, in delivering judg ment, said,—This is a motion on _behalf of the wife to restrain her husband from prosecuting in the Divorce Court an action instituted by him for the restitution of his con jugal rights. The marriage took place on the 11th NON ~ 1857, and a deed of separation vas executed 30th April, 1860. There was on the first pert the husband, on the second part the wife, and on the third part two trustees. There was a sufficient consideratim to support the validity of the deeds. And the covenants were that the wife should live as a fcm sole, and that he should not take any proceedings to compel her to live with him. [His Honour on considering the decisions rebrred to by the learned counsel, came to the conclusion that he could make no order.—lnjunction refused. IN RE CARLIN'S ESTATE \ CT-JUDGMENT. This was an application for an kthninistration Order in his suit. His Honour on considering the decision in the case of Wood and Becker, 5 Milne and Craig, granted the plaintiff the usual Administration Order. Costs to be costs in the cause. POLICE INTELLIGENCE.—(This Day). MA R LBOROUGH-STREET. RUFFIANLY A SSAULT ON A LITTLE GIRL.—COMMITTAL 'WITHOUT A FlNE.—William Harding, a young man, was charged before Mr. Tyrwhitt with the following assault on a little girl named Sarah Bye, living at 12, Little Pulteney street. It appears that the little girl was passing along Russell street the previous afternoon, when the prisoner seized her by the hair of the bead and lifted he? off her feet. He then threw her down with great violence, and destroyed her bon net. Godwin, 206 C, corroborated the little girl, and said tha on asking the prisoner why he did it, he replied because the girl had followed him. Mr. Tyrwhitt said he should send the prisoner for six weeks to prison, without a fine. It was a gross outrage on a little girl without any cause. CURIOUS CASE-A WO➢IAN BEWITCHED.—Elizabeth Armand, a dirty little woman, was charged before Mr. Tyrwhitt with violently assaulting Mrs. Susan Eagle under the following circumstances : . The complainant, the wife of a bird. shop keeper, Great St. Andrew-street, said that on the previous night the pri soner came into the shop and abused and struck her several times about the head with her fist, and tore out a quantity of her hair. It was the third time she had so treated her. Mary Gardner said she heard the prisoner ask for Mr. Eagle, and on being told that he was not at home she at tacked Mrs. Eagle. Prisoner—The complainant's husband has bewitched me. He has been murdering all of us for some time while in our beds. Austin, 318 A, said the prisoner, both last night and this morning, told him that Mr. Eagle had bewitched her and set a spell on her. Prisoner—He has set a spell on me. lam enraged to madness, and can't live. lam bewitched. I live in Lam beth. Mr. Tyrwhitt—You will have to find bail. Whether you are crazed or not, I cannot tell, but your conduct is dangerous. The prisoner, who is a strange looking woman, was then ordered to find one bail in 15. THAMES. THE GREAT SILK ROBBERY.-Mr. Woolrych recom menced the inquiry relating to the circumstances of the robbery of ten bales of China raw silk on the 10th of March last. Mr. Humphreys, jun., of the firm of Humphreys, Son ; and Morgan, Newgate-street, who conducted the prosecu tion, said he expected to conclude the case and complete next week. Mr. Woolrych said he was very glad to hear it. (The case was expected to occupy the whole of the day. OUR NAVAL:POSITION IN THE _EVENT OF WAR. The American Government, in all their contests with English diplomatists, have relied upon two ad vantages— their monopoly of the cotton supply, and their power of destroying our seaborne trade. A strange chain of circum stances has turned the first weapon against themselves, and it may be well to examine, with something more of precise ness than has hitherto been required, the value of the second resource. The American fleet, it is admitted, is incompe tent to cope with our own, though national vanity has, we suspect, blinded Americans to the degree to which this in competence extends. It is not too much to say that the disposable American fleet, so far as men of war are con cerned, would be justified in avoiding the attack of our American squadrons. The Federal Government is proud, and justly, of the skill and the energy displayed in landing an army upon the coast of South Carolina, and the papers are never tired of recounting the number of vessels at their command. But ability for transport service does not of itself imply readiness for active war. According to the American Almanac for 1861, the Government possessed ut the beginning of this year 10 sailing ships of the line, all above 2,500 tons, and 10 frigates, all above 1,700, 20 sloops above 500, and three smaller brigs. They had at the same time eight steamers of very large size, six of the weight of tho San Jacinto, and 15 smaller vessels, mounting six guns apiece. They have added a few steamers since the war commenced, but most of these must be transports, wholly unequal to a sea fight with first-class steam men-of-war. Even if all these vessels were equipped and ready for service, they would not suffice to protect the six or seven separate points on the Federal coasts which lie invitingly open to an attack, far less to keep up the Southern blockade, and defend their own ports. This fleet, moreover, has no reserve producible in good time, and great as Ame rican energy may be, it cannot improvise men-of-war, espe cially at a moment when their whole system of finance must inevitably go to pieces. Enthusiasm may call up armies, and we shall not be suspected of believing Bull's Run a test of American prowess on shore, or of thinking an army a mob because captain and soldier consider they ought to shake hands when they meet. Conscript armies survive a similar social equality, and to this day a French officer plays billiards with the private whom he would shoot for remarking on an order on service. But nothing but money will make navies, and with all trade stopped, half a m illion of men in the field, and two wars on hand, money will not be plentiful with the American Government. Then the pre sent concentration of the American fleet, though it increases the means of defending the seaboard, leaves the rich and important foreign trade singularly unprotected. The Ame ricans have no squadron in the Mediterranean, and none in the Pacific, no force in the Indian seas, and a very feeble one, if any, in the Chinese waters. We have, besides the regular fleets at all these points, a supplementary and most powerful fleet in China, collected for the last war, and not yet altogether dispersed, and the fleet of the Indian navy, which, though not equal to a contest with a great European Power, is strong in numbers, accustomed to all waters east of Suez, and quite competent to render American trade between the Pacific and Western Asia all but impossible. The national fleet is not, however, the reliance of Ameri can statesmen. They look back to 1812 and recall the feats of their privateers with an exultation which we believe misguides their judgment. It is, we admit, quite certain that they can obtain privateers. The maritime scoundrelism of the world will be only too happy to take out letters of marque under the American flag, and prey in quasi-vessels of war on the rich British commerce. The courage and energy of honester American seamen will be forced in great part into the same direction, and every port in the North at once blockaded will send forth a swarm of vessels fitted with men whose powers of fighting must no more be underrated than their capacity for plunder. Nevertheless, admitting all this and much more, the Americans, we are convinced, place far too great a reliance on this ancient de vice. The success of 1812 occurred before steam was in vented, and steam is very fatal to privateering. The ocean guerilla of 1812 could, for example, enter the Mediterra nean, attack vessels bound for Constantinople, and trust to his heels to escape the huge tubs which then served as ves sels of war. What is he to do against vessels which, carry ing the armament of an old 70-gun frigate, can move for five days in succession at 11 miles an hour ? And be it re membered steamers cannot be used except in very rare cases as privateers. Not to mention their cost—an important ele ment in the question—the Americans have no coal. In Earope they have no depot, and the European country which refilled them would simply be cut off from its own supply. In Asia every pound of coal is already in the pos session of the British, and their depots, without an excep tion, out of the risk of attack. The great stores at Aden are covered by the guns of the strongest fortifications in the world. The depots at Trincomalee, Singapore, Labuan, and Hongkong can readily be protected by the fleet, and the great Asiatic source of supply, the coal field of Raneegunge, could not be menaced without an army of 50,000 men. Coal is procurable all over Asia for English ships, and for them alone. American clippers sail fast, but what are clippers to do against an auxiliary steam power which can move in the very teeth of the wind ? The only danger in the south and east would be to the Australian gold ships, but they can be attacked only from San Francisco, a port it is quite possible cannot to blockade, and go ld w ill b ear carriage by the over l an d rGute, a traffic which can only b e arres t e d i n th e south of As anl i a beyond by Ceylon which b can privateers n arr m es o t v e e d at 12 miles The an h trade, no doubt, w ou ld b e i n ser i ous per i l, b u t even there the danger from pri va t eers h as b een greatly di m i n i s h e d by Atlantic hour; steam. The patrol of the seas is much easier, and the chance of escape for any vessel reduced to her sails has be come almost infinitesimally small. Tho privateers, heavily manned and armed, are in no position to carry large quan ties of coal, and each separate chase would either reduce them to sailing ships or compel them to put back to port after each successive adventure. We do not mean to deny that our trade would suffer severely—perhaps extremely severely. It has quadrupled in extent since 1812, and though the enlarged size of the vessels increases their safety, it also increases the risk which must fall on individual owners, Convoy, too, has become, except in the case of gold steamship in the service, whether of wood or iron, should be fitted with them. In the choice of names for our ironsides the Admiralty do not seem lately to have been particularly happy. Twice they have altered the names of those now building. We hope neither the Achilles nor the Captain are to be rechristened, though we have not the least objection to another improvement on the names of the other two. The Iron Duke would be a far more appropriate name than the Minotaur, and an Inkermann infinitely more suggestive than the Northumberland. The sterns of all these new ships will be what is called " pink" sterns—that is, instead of being round and full, like the Warrior and Black Prince, terminating in a fine wedge-shaped point, almost similar to the bows of a fast-going steamer. By adopting this method of construction the number of armour plates required to cover it is re duced by rather more than a third, while the angle presented will be such that all shots must glance unless fired point blank at the broadside. All the internal subdivisions as to water-tight compartments, &c., will be precisely similar to those of the War rior, and the same effectual protection is given to the magazines by casing them round with the coal and water tanks. The armament for each vessel is to be 36 100-pounder Armstrong on the main deck, and on the spar deck 21 guns of the same enormous calibre. The two forward guns through the semi circular shield we have already described are to be 200-pounders, with a pivot gun of the same size in the stern. They will thus be enabled at a single broadside to throw a ton and a half of shot and shell to a distance of nearly five miles if necessary. In addition to these four vessels now building the Admiralty are preparing at Chatham to coat the Bulwark and Royal Oak with iron plates on the French plan. Both these vessels were intended as 90-gun ships, but have had their dimensions altered and their scantling increased, to enable them to carry 44-inch armour plates. It is admitted that these ships are only makeshifts which the Admiralty were compelled to adopt to keep pace with the superiority of numbers which the French navy had in vessels of this kind. Like all hurried makeshifts, however, both these frigates will be costly, and comparatively inefficient. In the previous article on this sub ject we stated how it was now found in the French navy that vessels built on this system (and they have none others) were practically almost use less as seagoing frigates, In our own navy it has for some time been known that woodwork, no matter of what strength, is unequal to sustain the long continued vibrations of the screw, when driven with a power and velocity which are necessary to the maintenance of the high speed our war vessels are admitted to possess. It was only the other day that the Emerald, a new 50-gun frigate, was compelled to return to port for caulking and repairs, rendered necessary by her having to steam against a head sea and hold her own in a fierce gale. It is easy to see how enormously this vibration is increased with the additional weight of armour plates, which make the timbers work so much that clacking and caulk ing are necessary after every trip. From this cause alone La Gloire, the boast and pride of the French Navy, is now openly admitted to be all but unsea worthy. Our Admiralty cannot surely expect a different result for their ships built on the same manner. It is but poor consolation to know that these vessels are only makeshifts, and that no more are to be built, as the money that will be spent on them is almost thrown away. Ten years are the longest time even the most sanguine give them before the oak rots away under the iron. It may not be out of place here to notice briefly what other Governments besides the French are doing towards reconstructing their navies. The Danish Government ridicule the idea of 51 inch plates, and say very truly that, as 21 inches will keep out any shell, they do not care for the solid shot. They are accordingly having two very fine gunboats, of great speed and heavy armament, built here on this principle. The Russians are building here a very fine frigate of 30 guns, and 3,500 tons, on a model somewhat similar to the Warrior, and to be coated from end to end with 4-inch iron plates. Orders for other vessels of this class are expected. The Peruvian Government is building small iron plated gunboats here, and in addition to somo fine wooden frigates building for the Spanish Govern ment on the Thames, instructions to build iron fri gates for the same power arc daily looked for. The Federal Government are building three gunboats to be plated with three-inch iron, and one most pecu liar submarine boat, called " Stevens's Battery," which only shows its six heavy guns on a slight iron ridge just above the water. A full account of this extraordinary vessel, which is now being hur ried forward by the Federal Government, and will probably be ready in a month or two, has already been forwarded to our Admiralty. The Confede rate Government is coating, or endeavouring to coat, the Merrimac, 50, and the Mississippi, 13, the two vessels which they seized in the Norfolk Navy yard, with four-inch plates, and King Victor Em manuel is having two wooden-plated frigates of 3,000 tons each constructed on the French plan in France. It is not too much to say, however, that as yet nothing has been designed or attempted which at all approaches the standard of the English iron clad frigates. The cause for regret is that we have so few of them, and that, in spite of the generosity of Parliament on this subject, the Admiralty are still so timid about crdering more. THE VOLUNTEERS. Yesterday evening, in Westminster-ball, Earl de Grey and Ripon, the UnLr Secretary for War, dis tributed to the 19th Middlesex, or Working Men's College Riflo Volunteer Corps, the prizes which have been contended for in the past season's shoot- ing at the Government range on Plamstcad Marshes. A very numerous company was assembled in the hall to witness the ceremony. The regiment, which is now nearly 900 strong, marched into the hall under the command of Col. Bathurst, shortly after 8 o'clock, headed by their band ; and having drawn up in three sides of a squ are , t h e procee di ngs wer e begun by a short speech from COL BATHURST, who said that though the prizcs were not so numerous or so valuable as those which had been distributed in that hall to another vol un- teer corps a night or two ago, he was sure they would not be less highly valued by the winners of them. The corps had a right to boast that it had been to a great extent self-supporting. They had established a very excellent band,and had spent their funds in other objects calculated to promote the effi ciency of the corps. They had been much inter rupted in their practice from the want of a butt of their own, and if any generous minded person were inclined to present them with one they should not be too proud to accept it. But if they were not for tunate enough to have one presented to them he had no doubt that in a very short time they would ob tain one for themselves. The gallant colonel con cluded by calling on Earl Do Grey to distribute the prizes. Earl BE GREY, who was received with loud c'leering, said it was with great satisfaction that he had accepted Col. Bathurst's invitation on behalf of the corps to discharge this duty—not as Under- Secretary for War, but in his capacity of an hono rary member of the corps. Ho looked upon these contests as a most important valuable result of the volunteer movement, and he was happy to learn that the result of this particular contest proved that the 19th Middlesex was fully able to hold its own in this respect with the other volunteer corps throughout the country. He sincerely congratulated those who were winners, not merely because they were winners, but because by their devotion to a noble science—for science it was—they had made themselves good £hots and had put themselves in a position to do good service to their country should an emergency arise. He did not look upon the mere money value of the prizes as being a matter of any importance. (Hear, hear.) if their funds had been expended in promoting the practical efficiency of the corps in other ways, it had been much better spent than in the purchase of more costly prizes, and he was sure every true volunteer would value the prize he received not as representing so many guineas, but because it was a witness of the profi ciency which he had attained to among his com rades. (Hear.) He hoped that those who were among the vanquished would not relax in their efforts to make themselves good shots; for though there might be many occasions in war in which great services might be performed by good shots, yet in usual military operations the effective value of a bat talion would not be measured so much by the shoot ing of the prize winners as by the average shooting of the whole body of men. (Hear, hear.) When the Volunteer movement began, there were many per sons who—not unnaturally at the time—said that if too much attention were paid to these contests they would take the place of other equally important parts of the duties of Volunteers, and that, while they were labouring to make themselves good shots they would forget the no less urgent part of their instruction comprised in the short word " drill." He was happy to believe that anticipation had not been fulfilled in the case of the Volunteers generally. (Hear, hear.) They had attained a great proficiency in rifle shooting—in fact, they might be said to have changed in that respect the character of our coun trymen. Three years ago when the movement commenced, we were a nation which had very few good shots, but we might now claim to be equal to any other nation in the world. But it would have been a great mistake if that proficiency had been obtained by the sacrifice of attention to those mili tary formations and movements which were essential to their efficiency in the field. He was happy to Iknow that that was not the case generally with the Volunteers, and with regard to the 19th Middlesex he had ascertained before coming there, from the highest authority, that he should be perfectly justi fied in speaking in high terms of their proficiency both in company and battalion drill. (Cheers.) He hoped that while they continued to labour to make themselves good shots they would bear in mind the importance of drill. The amount of service they might do the country would depend not on the pos session of cups and medals, but on the attention which they had paid to this branch of their duty. He would also impress upon them the great value of that general discipline without which, as had. reeently been seen, any body of armed men would become a mere rabble. He did not wish to sing the praises of what some people called " pipe-clay," or to expect from them that perfect regularity and preci sion which could only be attained by a regiment of the regular army, constantly and exclusively devoted to military exercises ; but there were certain general principles of discipline and subordination without which no body of men partaking of a military cha racter could ever be thoroughly efficient. So long as they remembered that those under whose com mand they served were entitled to their obedience in military matters, and to their respect on all occasions, they would every day become more and more capable of taking part in the noble work of national defence which they would inevitably be called on to undertake should danger threaten our shores. The volunteer movement was a great social as well as military movement ; it was one of the most useful and elevated ideas which had ever ani mated the people of this country, but half its value would be lost if it did not teach men not only how to shoot, to march and mano3avre, but also those principles of discipline which were as valuable in civil as in military life. (Hear.) In conclusion, the noble earl said—l thank you, gentlemen, for having invited me here to-night, and I am glad to meet face to face a body of men who I am sure are animated by a determination that in no quarter of the world, whether north or south, east or west, shall the flag of England ever be insulted. (This allusion to the great topic of the day was received by a loud burst of cheering from all parts of the hall.) The following prizes were then presented by the noble earl : Regimental Prizes-Ist prize, a silver challenge cup and silver medal, won by Lieut. Hooper ; 2d prize, a silver medal, won by Sergeant Allen ; 3d prize, a pewter tankard, won by Sergeant Perryman. Regimental Company challenge cup, won by 2d Company, Capt. Roebuck. Ist Company-Ist prize, a bronze medal, won by Lieut. Pattison ; 2d prize, a bronze medal, won by Corporal Playfair ; 3d prize, a pewter tankard, won by Private 0. Penfold. 2d Company—lst prize, a rifle-glass, won by by Li Lieut. rrnley ; eutHoopaers2d prize, an ornamental cup, won 3d prize, a bronze medal, won by Sergeant Perryman. 3d Company—lst prize, a silver medal, won by Private J. Davison ; 2d prize, a pewter tankard, won by Corporal Butler. 4th Company-Ist prize, a pewter tankard, won by Sergeant Smith. 6th Company-Ist prize, a short Enfield rifle, won by Lieut. Preston ; 2d prize, a binocular field glass, won by Sergt. Burgess ; 3d prize, a bronze medal, won by Private J. Nuttall. No. 1 extra prize, a silver medal, won by Sergt. Cripps ; No. 2 ditto, a pewter tankard, won by Sergt. Burgess ; No. 3 ditto, a pewter tankar d, won by Sergt. Cripps. 7th Company-Ist prize, a silver medal, won by Ist, a t a o a 2 r d g , e a si l r v n e a r . Colour-Sergt. Pearce. medal,9th C w o o m n p y n mental flower vase, won by Cap. Shaen •; ditto, 3d, an ornamental cup, won by Private J. Ivory. Y Privatex tr HP. I vory ;r Sweepstakes —let prize, a pewter tankard, won by Lieut. Tansley ; 2d prize, an ornamental cup, won by Lieut. Hooper. At the conclusion of the distribution Colonel Bathurst thanked Earl de Grey on behalf of the regiment, and three cheers for the noble earl ended the proceedings. THIS DA I'S SHIPPING. LONDON, Dec. 3.—Wind this day at noon—South- Easterly ; moderate breeze and fine weather, but rather cloudy. PORTSMOUTH, Dec. 2 —Wind S.E.—Arrived—lier Majesty's ship Flying Fish, from Sheerness, with loss of jibboom, cutwater, &c. Sailed—Lizzie Scott, for Algoa Bay. CARDIFF, Dec. 2.—Wind S.E.—Sailed—Norma, for Jamaica. SWANSEA, Dec. 2.—Wind S.—Arrived—Miero Senafyn, from Havannah. PLYMOUTH, Dec. 2.—Wind S.E.—Arrived—Flormel, from Callao for .Leith. Sailed—Raven's Crag, for New Zealand. ELECTRIC TELEGRAPH.) SOUTHAMPTON' Tuesday Morning. Arrived—Alliance, steamer, from Havre. Sailed—Unity, km Glasgow; Feronia, for Neath ; Racer, for Swansea; Triumph, for Seaham. (BY SUBMARINE AND MAGNETIC TELEGRAPH.) GRAVESEND, Tuesday Morning. Arrived, Dec. 2—Britannia, from Barbadoes ; Elm, from Bathurst ; I hirty-one States, from Bahia ; Heroine, from Leghorn ; Jersey. from Guernsey ; Peveril of the Peak, from Calcutta; Jane Winn, from Havre; Pearl, from Cronstadt. Arrived, Dec. 3—Flecha, from Ghent. Sailed—Danfort Castle, for Sydney. DEAL, Tuesday Morning. Passed—Cadiz, from Sunderland for Charente; Charity, brig, from the north for the west ; Alphington, from Algot% Bay for London. THE PRICE OF GOLD. The quotation of gold at Paris is about 3 per mille prem., And the short exchange on London is 25.2 i per £1 sterling. On comparing these rates with the English Mint price of £3 17s. 100. per ounce for standard gold , it appears that gold is at about the same price in London and in Paris. By advices from Hamburg the price of gold 'is 428 per mark, and the short exchange on London is 13.6 i per £1 sterling Standard gold at the English Mint price is, therefore, about 1-10th per cent. dearer in Hamburg ihan in London. The course of exchange at New York on London for bills at 60 days' sight is 1071 to 108 per cent., which, United n, h i e tt n iei de compared t w ith the Mint par between the , shows that the exchange is against England, two B g u ot p tcountriesl,dtarfttaoeurtsiimeoaking allowance pforricleoslesaovfesinntoerpersotflatnodn charges of o His Royal Highness the Duke of Cambridge had an interview with the Right Hon. Sir George C. Lewis, yesterday, at the office of the Secretary of State for War, Pall-mall. THE AMERICAN OUTRAGE.—On Sunday, at se veral of the churches and chapels in Nottingham, allusions were made to the insult to our flag and the critical position of affairs. The sentiments of the preachers were in all cases patriotic. The firm decision of Government was applauded, and hopes were expressed that the national honour would be vindicated. ----- • According to accounts from Messrs. Arles Dufour and Co., of Lyons, there has been no improvement in the silk trade during the past month. Under the continued pressure of the American crisis a general dulness has pre vailed, the limited wants for European consumption being insufficient to give rise to any sustained activity. thought, however, that with the present low range of prices no further notable depression can be anticipated.