The Sun. — London, England, 1861-06-15 00:00:00

:MONEY MARKET AND CITY NEWS' CITY, Two O'CLOCK. The Money Market presents rather a quiet ap pearance, and the rates are a fraction easier, first class bills being easily negotiable at 5 . 4- per cent. A furthur sum of £75,000 in gold was taken into the Bank yesterday. There was no alteration of importance in the foreign exchanges yesterday afternoon. In the Liverpool Cotton Market yesterday there was a fair demand, and the sales amounted to 12,000 bales at full prices. Sines Monday last the imports of specie have amounted to £668,940, and the exports to £537,920. Very little business has been transacted in the Public Securities to-day, but the improvement has been well maintained. Consols being 90 to 904- for transfer, 9081 for the account. The New Threes and Reduced are 891 ?,,-; Exchequer Bills, March, 78. dis. ; ditto, June, par to 3s. prem. ; Bank Stock is 231 232 ; and India 5 per Cent. Loan, 981. In the Foreign Stock Market the (thief movement has been in Turkish Bonds, which have improved 72 1 for the Old 6 per Cents., and to 561 and 57 for the Loan of 1858. Transaction; in fact, have taken place at still higher quotations, but sales to realise profits have caused a slight reaction. Th e i mprovement is attributable to intelligence that £20,800 has been paid iilto the Ottoman Bank at Constantinople on account of the loan of 1858, conformably with the arrangement recently made for the monthly trans mission of the Customs Duties assigned to the interest and sinking fund. Spanish are 501; ditto Passive, 161- ; Mexican, 221 ; Portuguese, 47; ; and Russian 41 per Cents., 91f,. Messrs. Bell and Sous give the following quota tions in American Securities : Redeemable. Prices United States 6 per Cents 1867-1868 88 90 Do. 6 per Cent Bonds Xentucky 6 per Cent. Bonds , 1868-72 84 86 Maryland 5 per Cent. Bonds 75 80 Pennsylvania 5 per Ct. Stock 65 70 Pencsylvania 5 per Ct. Bonds 1877 68 70 Virginian 6 per Cent. Bonds 47 49 Boston 4f per Ct. Strlg. Bonds 91 93 Illinois Central 7 per Cent. Illinois Central 6 per Cent. Do. shares, 80 dols. paid ~ .. 26 25 die Michigan Central 8 per Cent., 1869 87 89 Do. do. shares New York Central 6 per Ct., not convertible... New York Central 7 per Ct , convertible, from June 15, 1857-59 Do. do. shares 1883 1864 New York and Erie, 7 per Ct., Ist mortgage Do. do., 2d mortgage De. do., 3d mortgage Do. do. convertible Do. do. shares Panama 7 per Ct., Ist mort gage Str. Bonds, not cony Do. do., 2d do. 1867 1859 1883 1862 1865 1872 271 281 I The ilialings in the Railway Share Market have 3 been of a rather active character; and prices have - shown an upward movement in most instances. Caledonians and. North-Eastern (Berwick), have improved 55.; Eastern Counties, Great-Westerns, r North-Westerns, Midlands, and South-Easterns, 13. 10s.; West Midlands, /.1.; and Manchester, Shef field, and Lincoln, £2. The Foreign and Colonial lines exhibited little change of importance; East Indian brought 1001 1; Great Indian Peninsula, 98-1,- 981 ; and Scindes improved to 1001. Joint Stock Bank and Miscellaneous Shares con tinued in limited request ; London and West minster improved to 67t- 68; Australian Agricul tural brought 301; Madras Irrigation, 17,- 2 ; and National Discount Company, 31. BRITISH FUNDS—CLOSING PRICES. Bank Stock .. per Cent. Reduced Annuities 891:1 S per Cent. Consols Annuities New 3 per Cent. Annuities B9l 1 India Stock .. . Ditto 5 per Cent 9Bl Ditto Bonds £l,OOO — iiitto under £I,OOO Consols fo r A ccou nt, July 10 .. 001 India Stock for Account Ditto 5 per Cent. March. June. Exchequer Bilk', £l,OOO, 2d 7 dis 3pm D tto ' £500 Ditto Small • —4 pm FOREIGN FUNDS—CLOSING PRICES. Mexican 3 per Cent — Ditto Account Portuguese 3 per Cent., 1853. • Ditto Account Russian 5 per Cent. 1822, 4i bt .. Ditto 41 per Cent. Spanish 3 per Cent. 5Ol Ditto Passive Turkish 6 per Cent Ditto New Loan Ditto Account Dividends on the above payable in London. TWO O'CLOCIi . Console, Money 9O 1 Ditto Account COURSE OF EXCHANGE:—YESTERDAs:. 11 191 12 1 12 11 25 65 25 65 13 9t 25 40 25 70 25 70 119, 14 45 14 45 331 Amsterdam Ditto Rotterdam — 12 Of Antwerp Brussels — 25 60 Ramlurgh Paris Ditto Marseilles — 25 65 Vienna Prankfort 14 11 3 5 on Maine — 9 Trieste Petersbu rg h —33 k Berlin — Madrid Cadiz Leghorn /qu a] , Genoa Naples Palermo Messina Lisb on Oport o • Bio Janeiro New York — •• • • Foreign Gold in Bars (Standard).... per oz. £3 17 9 ' l e ! "xican Dollars . ~ 0 0 0 Silve r in B ars (Standard) ?I 0 0 0 South American Doubloons 481 48t 25 85 25 80 25 80 39/ 117 117/ 52 521 48a 481 25 90 25 85 25 85 39a 117 4 117 i 52a 52k TILE WHITT , P OT.H . AND ARMSTRONG GUNS. In our impression of May 11 we stated, with reference to the very imperfect " match against time" which had taken place between the Whit worth and Armstrong field-pieces, that " no trials were made to ascertain the comparative accuracy, elevation, and range of the guns —points of far greater importance than the trial of rapid firing." It appears, however, that such trials did take place on the 2d of April last, and previous to the trials, such as they were, as to rapid firing. So far, the Ordnance Select Committee did well ; but what shall we say of their publishing the results of the later, imperfect, and least important trials, while they k ep t th e ,results of the former a profound secret? Yet so it was; and at the meeting of the Civil Engineers, held on the evening of the 28th of May, when the President asserted that such a trial had taken place, and read out some of the results, Sir William Armstrong himself, who Vas present, called the statement in question, and astonished every one by stating that even he had :not been made acquainted with what had taken Place. He also, as might have been expected from a man of Sir William Armstrong's calibre, ex pressed it as his most earnest wish that such trials .should take place openly, and the results be fairly published. We beg now to state that Mr. Bidder literally " spoke by the card" of the Select Com mittee itself, in making the statements he did; and our readers will be gratified at finding we are now able to lay before them a copy of the same docu ment, as follows : Results of experiments made on 2d April, 1861, at Shoe buryness, under the Ordnance Select Committee, in order " to ascertain the range and de!lection of Whitworth's breech• loading 12-pounder gun, in comparison with Arm strong's 12-pounder gun," under Minute No. 3,625. S I a; 53 o cc, tu ) s"Lqf g ca 5 1 z 4:1 0 pr.-4g , * 4 lbs. degs. yards. yards. yards. W hitworth 5 1.50 2 1198 19 t Armstrong •• • • 5 1.50 2 1130 12 4 'Whitorth . •• • 5 115 2 1289 28 1i Arrastreng •• • • 5 1.75 2 1256 26 5 'Whitworth •• • • 5 1.50 5 2367 119 1 1 .I.!'rastrong •• • • 5 150 5 2146 11 9 , hit worth . • •• •• 5 1'75 5 2471 97 1 5 - I. 4 V i r str on g: : 5 1.75 5 2358 15 11 , r it warth.. .. 5 1.50 10 4222 68 3 , 114, 1 ! sir °ng •. .. 5 1.50 10 3568 24 12 2 rtilitworth.. • • 5 1.75 10 4399 25 6 3 . 5 1.75 10 3908 41 1t _ ` ar my and iv ravy Vazette. -..... 811.1.1tE MARKET.-(TIIIS DAY), ORDINARY SHAttES AND STOCKS. Railways. Pail! Closing Business Belfast and Ballymena Bik 1c.,., La., llro and c l,and Str. hJ Val. une B IBlyth and Tyne Bost. Sleaf. and Mid,Co Bristol and Exeter , Caledonian Carmarthen & Cardignr Cork and Bandon Cork, Blrocic., &Passage Cornwall A (A gets no div 1 D o until 6pc peran ! iDo B hasbeeni d. top Dublin & Belfast June Dun., Perth, &Ab. Juno East Anglian Eastern Counties Eastern Union, A stock; Do do B do Do Nw A, late EU3ds East Suffolk Edinburgh & Glasg ow Edin. Perth, & Dundee Forth & Clyde Junction Furness Glasg. and S. Western Great Nthn. of Scotland Great Northern Do do A stock Do do B do Gt. S. & W. of Ireland Great Western Do Str Val gua. stock Trish South-eastern Lancashire & Yorkshire London and Blackwall Lon., Bright.. &S Coast Lond., Chat., and Dover Lond. & Nth. Western Loud. & sth. Western L'derry & Coleraine .. L'derry & Ennisaillea Man. Shef. & Lincoln.. Maryport and Carlisle.. Do do shares.... lietropolitan Midland Do new.... Do lAirming. & Derby Irid. Gt. W. of Ireland Do shares Mid Kent Do, Cray Line ewcaqle and Cerlisle Newry & Armagh, def Newry, Warnpt. & Roe Norfolk ...... North British.. Ncr.Dev.Rall&Dk.stoe. , D 4 gtk ; A recs no d. until Rpchns beenpd.B Do B stock ...... Nth. Eastern—Berwick Do do , G.N.E. purchase DoLeeds .......• • • • • Do York . North London Do new North taffordshire N. and S. W. Junction ot. & Grantham Rail Feebl es ...... ..„ Portsmouth . ..... scOttish Central ecot N. E., Aber. stock Do Scot. Mid. stock Shropshire Union Sittingbourne & Sheer. South Devon S.-Durham & Lane. Un. South Eastern South Wales .......... S. York. and River Dun staines, Wok,. and Wok Stockton & Darlington Do do . Do New (1860) !Taff Vale Do Pref. No 1 ThamesHavenDk&Rail Ulster ... . . 97 8 Do Vale of Neath Victoria Sta. and Pim Waterford & Kilkenny; Waterford do Limerick West Cornwall West London ; Do Ist class I Do 2d class .. . I WestHartlepool Harbr and Rail West Midland—Oxford Do. Newport Do. Hereford] 100 100 100 100 46 48 42 14 86 88 48 i PREFERENCE SHARES. Share! Railways. T" Closing Business Price. Done. Blythe and Tyne 10 per c. pref. (Issued at £5( Brie. dt Exet.4 p.ctstock Do. do. do. Shares Caledon £10,41 per cent Do. Quar. Shares, No. 2. Cork & Bandon, p. c. , Cornwall, 5 per cent I Dun.Perth&Aber.Jun. Do Ist Class Fret 1100 102 20 21 5i 6 E.Angn.Class A 7 &sp.c. Do. do. Class B 6 p.c.... Do. do. Class C 7 p.c.... E. Coun. Ex. 5 p. c. No.l l Do. do. No. 9 I Do. New 6 pet ct. stock. Eastern Union, 4 per ct. Do. 5 per cent. guar... lEdin.&G las. sp.c. shares Do. 4 p. c gua. S. & D. P:din. Perth& Dun. 4 p.c. Furness, 5 per cent .... nlas.& S. West.g.a. 5 p.c. ,rent Northern, 5 p. ct. ro.sp.c.Redm., 10 p.c.pm Do. 44 p. c. do. do. Do. sp.c. Redm. 5 p.c. pm =t. N.rn. of Scotld. let pf $ :7. tSn. dz W (Ireland) I I p. et. pref. stock ,Great West. (Berks and Rants) Ext. 5 p. et to. Redeemable,44 p.ct Do. Redeemable, 4 p. ct. Do Irredeemable, do Do. 5 p.ct. Redeem. Prof Do. Birm. Pref. Shares .;t. W. Ches. 8 p.c. pf.sh 1 /o. do. sp. et. pref Do Birmg.guar. stock Do. Chester gua. shares Do. do. do. , Do, do. do. Lan. & Carl. 44 p c. pref I,an.&York 6 p. c. stock Do.Barnsl.stXs 3s 10d pc Do. 6 per c. (E. Lan.) Lcn.& Brig. 5 pc.gu. No.l Do. 5 p. c. No. 2 Do. gua. 6 p. c. Do. do. 5 p.c. No. 4 Do. do. 44 per cell'. Do. do. 44 p. c. shares Do. 7 p. et. Pref. stock ,Do. 6p.c. do. (W.E.&C.P Do.4p.c.S.(div.def.til '65) Do. 4 per cent. Pre ton. Chat.. and Dover f Do. W. A rceiv. no div Ex.A til6p cis pd on , o. fl B. & 13rom ex. I Do. Metropolitan Ex B i Lon. and N.W. Cov. and 99 101 108 112 105 108 108 110 108 108 122 124 80 82 109 111 90 92 75 77 113 115 110 112 102 104 100 107 97 99 98 100 89 91 90 92 102 104 94 10 164 174 19* 10, 74 76 20 21 10 104 15 154 113 115 1113 115 137 140 413 115 101 103 150 155 428 131 71 74 86 87 Nuneaton, 5 p. ct..... 1 T,on. dr S. W, 7 p. et stock Do. 45 per cent Do. (Prtsm. perpl anns. of 2s. 6d.. Londondy. & Cole. 5 sh Londony. & Ennis. eh Alan. Sh. &Lin. 6 per et Do. .£6 Do. 3f per cent Do. redeem. 6 per cent 7,Taryport & Car., 4 p. c Do. 45- per cent. 'Md. Con. 6 p c. stock Do.Con.Bris. & Bir. 6 p.c Do. 44 p. c. pref. stock Do. 45 l.er cent Do. Lele. & Hit. pref. st Norfik 5 p. c. Ex. st. 1846 Do. p. c. Pref. do 1847 D 0.5 Way. Val. Ex. 5t1847 North British, 5 p. a. Do. New, gua. S p. c Do. Bor. Un. g. pf. she Do. do. do Nth. Dev.R a 11. do Dek.Co. N-F,astCons.Pret 4 p. c. Do. 44 p e. redeemable Do. G.N.E. 4 per C. pref. Do. Berwick, 4 p.c. Pref. Do. Leeds, 6 p. s. No. 1 I Do. do. Quarters, 1848 'Do. York, H. & S. Purch. I North Staffordshire Rhymney Guaranteed. Scottish Central, new pf Scottish North-Eastern 34 P. c. pref. stock Do.Aberdeen,gua.6p.c. Do. 7 p. C. pref. stock South Devon, Ann. 10s. Do. Fixed 44 per cent. South Eastern (Reading Ann., 1.0.6) Do. 45 per cent. Do. Fixed lip.c. Ist is. , outh Wales, zua. 4 p.c. Do. 15 per cent...,,., Do. 5 per cent' S.-Yorkshire, 4 p, c. gun 'Stock. & Dar. A 5 p. c Do. B 6 per cent Do, C 6 percent Watrfd Az iCilkny, 6 p. e W.Mid -Oxt Ist Gua stk Do. 2d do 134 14 124 126 a 1-' 1 68 70 i $P 134 136 102 104 91 93 109 111 108 110 91 93 99 101 100 101 P ip i d 1p 221 23 131 133 10 10i 2 4 231 99 100 99 100 98 100 85 87 26 276 314 32 316 32 6 45 48 124 126 120 125 101 103 120 122 ,115 117 Do, Newport 5 p. c. pf. red. Do.PerPet. 6 p. c. pi 1866 Do. till 1869, Ist IL. LINES LEASED AT FIXED RENTALS. Railways. Bedford and Bletchiey Bu 4 , inghamshire Chester dc Holyhead... Do. 5i percent, Do. _ 5 „ Clydesdale June Colchester, Stour Val E. Linealnsh. g 6 vr C E. Union. Harwich,Shs G l s. Barr. & Neils. Drct. Do. new Gloster &Dean Forest ITrtlp'l Dock & Rail..' Dull and_Selby. Do. halves:. Do. quarters........ Lane. &Ca rl. gua. 5 p.C. London & Greenwich.' Do. I'l.o erence Lon.,Tilbury,& S -end! Lowestoft gua. 4 p c. • Do. 6 per cent Mnc., Bxtn.,& Matlock , Mid. Bradford Prefer ence S:ock ...... Newrnarkt,BuryEx. gua. 5 percent.... Northn.&Eastn. sp. c. Do. 6p, c Do. Fixed 5 p. North Western. Preston and Wyre. Do. SL2res ...... A.i Roystn. If itch., Az Shepi Shrewsbry& Hereford; Do. do. S.-Staffordshire Wilts and Somerset WiZIO349Ja &CTOydn l'eto /cCo. 'Norfolk Do. 1 Leasing IClosingl Business Paid' i Co.'s Price. Done. all Ln &N.W .• 100 iDo 94 96 100 524 35, 100 , Do l2l 12 100 ,Do llO 3 11 100 'Caledon lOO 1 02 all 1E.U.&E.0 154 164 ICO 'Gt.North. 132 134 ali lE.Counts. l 414 s 100 100 Caledon 1 100 jDo. all Gt. West all 'Yk.N...t Br all ,Yk.N. Md. all Do all ,Do. 100 !Ln2tN. 100 'S.Eaatern 100 3/ 4 93 95 I i I( P 55 57 15k 16 131 133 ~ -p 8 91 1 Si ➢R NW&M, Midland • l E.Counts IDo. I Do. i Do. Midland ILAc NW 1 do L.Yk. Do. ,Gt. North iT.Rrassey Do. Gt. westi BrzAuj stock stock 6.4.0. stock stock stock stock stock stock stock 25 stock stock 19.16. stock stock stock stock stock 10 stock 25 stock stock stock stock stock 12 10 stock 10 stock stock stock stock stock stock stock stock stock 50 stock stock stock stock stock 261 stock stock stock stock stock stock stock stock stock stock stock stock stock 10 stock stock stock 2s. 6d. 12i 12i stock stock 12i 12* stock stock stock stock stock stock stock stock stock 1.0.6 Share 13.14 stock stock stock 100 100 100 16 13 100 100 100 100 22i 100 100 100 all all all 1 100 100 100 100 100 100 all all 100 100 100 all all f all ,1 all 100 8 84 81 83 6 7 97 09 97i AS ~.... - 5 6 41 43 84 9 174 18i 494 50i 38 40 28 29 82 84 264 27 107 109 125 127 tosi 1691 ;02 104 [3O 132 03 105 73 73;1 80 62 11.1 112 60 02 19 121 44 46 94 948 94 05 101 11 44 45 4 3d [2l 121# ]1 )1P 94 96 8 6d 54 156 621 63* 1044 105 p s•' 604 614 924 93 95 98 41 41 9 I 84 87 114 116 31 43 85 87 46 48 38 40 801 80! 62 64 03 96 4 7 39} 404 94 104 p 5i 6 p 55 561 2 3 p El p 83 85 llf 51 6 27 i 1031 ! 131 731 I 111 k 12 9 ii i i 41 82 8 51 121! i f P 100 100 100 100 100 100 100 100 100 100 100 100 100' 1.4.0. 100 all zit all all all 105 i P 611 4 i 94 4 31 56 I soi 1 8O 107 6 16} 110 112 '2OO 203 60 62 112 117 87 90 BRITISH POSSESSIONS Railways. Closing Price. Paid. 100 stk 100 1 100 100 17i 20 stock 'atlantic it St Lawrence, Bom.,Barodatc.Cent Ind Gu. 5 per cent Do, Do. Buffalo and Luce Huron Do. New Do. Preference Buffalo,Brant4Godrich L 6 p. ct. bds. Aug. 1, 1872 Do. do. July 1. 1873 Do. do. J nue 1, 1879 Cleutta..tS.Eabtn. (Lim; Cape,Eastn.Prov. (Lim.) Cape Town & Dock Scrip Ceylon Guarantd. 6 p. Demerara.. Eastn. Bengal gu. 5 p. c East Indian, gu. 5 p. c. Do. F Shares Ext Do. Jubbulpore Do. 44 p c. Debentrs Do. 5 p. c. Deb., 1864 Do. 1865-1870 Grand Trunk of Canada Do. 6 per cent. Pref Do. 2d Pref. 6 per et Do. 6 per et. Debentr Do. 7 per cent. 1862 Do. do. 1867 I Do. do. 1872 I G t.lndiaPenin.gua.sp.c Do. New gua. 5 p. C... Gt. South.of India (Lim) guaranteed 5 per cent. Do. do. Gt. W. of Canada Shares Do. New .. Do. 6 p.c. '73 with't opt. Do. 5i p. c. do. '77 d 0... Do. 58 p. c. do. '7B d 0... Madras guar., 4i p. c... Do. do. 5 per cent .... Do. 41 p. c. Extension Do. 5 Melb.Corp. 6 p. o. Bnds. Newßrunswick Canda Ry.ctLand(Lim.)g.6pc Class A Capital Share Do. do. Land d 0........ Do. do. B Capital d 0... Do. do. Land do. ....... Oude (Limited) ........ Seinde ...... •• •.1 4...: Do. Punjaub .... 4 e Do. Do. ........ 0 c.? Do. Indus. St. Flo. 45.',' 'Trinidad (Lim.) Scrip.. FOREIGN Algerian . , Artwein & Rotterdam Bsh..tS.Fran..Lim.7o.c Belgian East. Junction Beziers to Graissessac Carmeaux Mine do Rail Ditto Extension Dutch Rhenish Eastern of I'm ce Grand Rue Guar. 6 p. c. Do. do. IGreat Central of France IGt. Luxem., Con. she... Iltalian Junction Lierre & Turnhout ... Lyons & Geneva ..... Namur & Liege . Do. 6 p. c. Pref. ....... Northern of France... Do. New Shares .... Norwegian Trunk Pref. Paris,Lyons, & Mediter. Paris & Orleans Recife & S. Fran. (Perm) zua. 7 p. et. lim Riga & Dunaburg Royal Danish 1 Royal Swedish Do. 7 per cent. Pref Sambre & Meuse Do. 54 per cent. Pref San Paulo, lira, g. 7p. c 1 1 ,S.Aust..SzLomb Ven6,,ln Nouthern of F7ance.... IS. East Portuvl 7 p ct. West r landern ..... Do. sp. c. Preference W. St N.W. of France • • Western of Austria Western of Switzerland 1 Wiesbaden .. Do. 8 per cent Pref Zealand Allred Congo] British Iron !Clifford . BRITISH MI. !Devon G. Cons. (Tavist.)l ;East Bassett (Mogan) !East Caradon ..... i E. WI Russel (Tavistk.) I Gam.&St.Aubyn(Gwen.) Great South Tolgus G. Wheal Alter. (Phil ack) G. Wheal Vor (Helston) Grenville Herod's-Foot Hingston Downs Lady Bertha Margaret (Uny Lelant) North Downs North Frances (Illogan) N. Wh'l Basset (1110 an) North Wheal Crofty 'Par Consols (St. Blazey) providence (Uny Lelnt.) Sortridge Cons. Min. Co. South Caradon(St.Cleer) S. Carn Brea (Illogan) S. Dev. Iron &Gen., Lim S.Wheal Fran. (Illogan) Stray Park Tamar Silv.& Lead Min !Tin Crort Vale of Towey (Carm.)' West Basset (Illozan)..1 W. Caradon. (Liskeard), West Seton Wheal Basset (Illogii;) Wheal Buller (Redruth) l Wheal Edward (Cale.) ; Wheal Kitty (U.Lelant), t ;Wheal Mary Ann (Men.) Wheal Trelawney (Lis,) 96 97 4i 5 d , 6 7 75 80 65 70 65 70 Si 13- 1* d pr 100 llid 964 97 ! 984 994 984 994 194 204 63 66 64 58 34 36 43 47 34 36 34 36 974 184 idt d 91 96 10f 10k 9k 91 95 98 90 in 85 87 94 954 87 89 - -d 5 7 5 7 99} 1001 lid d ( . 1 93 95 d WAYS. 51 51 2i lid 11 12 3} 21 I 24 21 22 23 1 71 81 8i ]9 203 84 39} 8 9 364 374 52 64 5 4d 13 14 51 6 B,t Al Ii /I 4 Ids 22 23 6 6i i 9f 20 21 ES. 14 2 1 2 1774 1824 365 375 874 024 26 27 3 44 12 14 3 4 5 1 51 2 24 39 41 2 24 1 14 46 48 4 44 3i 4 44 5 6i 74 84 9 37 39 - - - - 310 32 0 3 34 i V -135 145 344 364 14 2 4/ 5# i 4 184 194 55 57 355 365 874 924 100 110 14 24 9 10 10 12 14 16 20 Australian 1 'BonAccordCopper,Lim 17 .6' 5d pr 11 # 20 ;Brazil St.J.del ll.e . y,Lim 15 314 .355 5 Do. Land and MmingCo. all 5 15 1 Clarendon Cons.MinCo. ; dis. 40 Cobre Copper all 39 41 Coplapo l6 6 8 1 DunMoun.Cop.Ming.Co ail 2 Fortuna. 20 General all 24 25 2 ,Gt N. Cop. of S. Aust r 1 fp 15 15 Kapunda (Limited) 1 15 14 p 3 Linares all 3 8i 5 Lusitanian 2 id kr 1 Mariqui ta l s n and us t r S i m n . e ' 4 l all 5 1 N.RhineCopotS.Aus.L ;126.6d # id ct 20 IPontgibaud Sil ver, L ea 5 Port Philip .. . . ... • 1 Sc jlt ot in tih g A 35.2•84 United Mexican .... all 55 6 1 I Worthing o (Limited) ..., all D . — JOINT-STOCK BANKS. 100 Agra&UnitedService Bk 50 85 87 40 Australasia I all 58 50 25 Bank of Egypt all 18 19 100 'Bank of London 5O 53 65 20 ißank of Turkey 50 (British North American all 515 525 20 Chtd.Bank of India, drc. all 20 204 25 1 1 Ch.Mer. of In. Lon.& Ch. all 31 33 100 City 100 C010nia1........ 25 37 39 20•11 Corn. Bank of Canada.. all 100 iCommercial of London. 20 20 Eng., Scot., & Aus. Ch.. all 155 16 20 Gen. Bk .of Switzerland all 20 !Lon. Char.Bkof Austral all 224 235 20 I Do. new 5 If I; 65 50 London and County 50 London Joint Stock 20 London and S. African lO 25 15 100 London & Westminster 20 66 58 674 8 100 Nat. Prov. of England , 42 20 Do. new l2 50 !National Bank ...... 25 20 ;New South Wales.— all 25 jOrient. M Corporation. all 455 465 20 Ottoman Bank . 100 ;Provincial of Ireland 10 Do. new 25 South Australia all 25 Union of Australia .... all 38 40 39 5 50 Union of London 100 Unity Mutual.. ...... ' 60 COLONIAL GOVERNMENT SECURITIES. Can. Gov. 6 p.c.Ja. &July 1877-9 lOO 109 112 112 Do 6p. centlBBo-2 100 Do. 6p. centlBB3-4 100 Do. 6p. c. Feb. & Aug. NO 108 110 Do. 6p. c. Mar. ‘ot Sept. 100 108 110 Do. 5 per cent lOO 1015 1011 1015 i Cape G. Elope, 6 p c,lBBO 100 106 108 Do. 1890 100 106 108 N.B.Gov. 6 p.c. Ja.&July 100 108 100 1085 Do. 6p. c.Ap. & Oct. 100 N. S.W. Gov. sp. c., 1866 100 99 100 Do. sp. c.,1871 to 1876 100 99 100 1005 995 Do. p.c., 1888 St upwds 100 99 100 995 1005 Nova Scotia Gov. 6p. c sterling, 1875 lOO 1074 1085 S. Au5,G6p.c.1878.& up lOO Vic. G ov. 6 p.c. Ja, Juin ly 100 - IDo. do. 6 p.c. ApAzOct lOO 1045 1055 1055 1051 DOCKS. stock Commercial lOO 1 stock Do. 4 per Cent.Pret.Min lOO 1 stock I East and West India stock j Londor stock ISt Katharine stock I Southampton lOO stock Victoria .. ........ lOO 96 98 20 I Do* New . —......., 2 , Id par MISCELLANEOUS. 16-- kn — glo-Mexican Mint I all 13 14 10 Atlantic R. MI. Stm (1d) 1t 24 i a L L e t ii : In : e: in all 117 11i. 1000 Atlantic Tel. (Limited) I all 10 cAßDheuora.sl.ntcpin..iraiceslnLiianattrgra,lciumltiutreadl) all 4 3 4 0 32 44 301 865 5 :0 0 .. British cßDo.op. i.i a ti . ii. T e e r l i . c A a n . ( I, Land im .) all4o —3O 35 20 CrystalDDD a 0 00n ... I t ap6d , rp 7 ae p . f L. c .7atini Palacel d c 2 enlnt . (Lim) ;: all aaall ll 18 20 a5 2 : 2: 0 52..4 10 .ealarmnidintsnceTed, (Limited) L 1 1 m t . l a ol l 01 1 10E 1 5 0 1: .= - 1 8 3 I,EE,, English iegac itdirsii tia. eiatr. TelegraphrAlue. s r .. pxt .De b . 100 10 8 1 2 06 3 1 3 08 .Co .15 : 3_4 0 3 4_ 4 d 34 at. 0 5 25 Do. New .. f 1 451 5 Gen.LLD L.G. .. 10D7 S imi t sr . e nt a ri n e Steam District It N spTc t r i e v i oel f: 1 Greatl Ship Limited)._ all - 4 — A li all i 20 ,Madraslrr. and Canal. 1 , 1 It 2 10 IMed. Eaten. TeL (Lim . ) all 24 34 20 25 National Die. Co. (Lim.) 5 1 4 lid 3, Nerbu.Coal&lron (Lim ) 5 1 04e 10 Netherlands Land a ll 5 110. 8 p.e.Pretl.iss.atl dis all i 1 1 00 IN.Br.&NovaSeotiaLand go 510 . 1 N.t.Australaslan (Lim.) all 4 1 14 1 Oriental Gas (Limited), all 1 4 1 Do. New Shares (Lim.). 15s. pr i Llnn.d.SetAalimn.((yrno) 100 5 1 63 50 E , n e e . Oriental Steam all 70 72 s s l t o o . 1 ° I ) e r ro in l o ß t . i sk : e w 30 11 13 47 49 15 Do. e .... e t y w i 11 1 r : t o n e . 1 ailaa 1 1 l l 4 1 1 7 6 4 4 1 1 8 5 71 5 2 0 0 ,ll Rh ed ym Se Nn a 127 130 100 127 1 8 0 t1 0 . 11 ss lt cou o b y tm a . A l a s ru l is a nt i ei l n S T. t ie e nl a .v m s. (01j_r• Scrip. ) I i Do. of 1 2 10 5 D S South t d h o,R e Australian i s t edreo d. . Land ..... : , aa a i l 11 1 3 5 3 3 10 Trust and A9:ericY Ist is. I I I 2 5 0 u T r . A . K e z u , L: i t n o r m i . aes T °l. " e ° 1 (1 . 111j• Co. (11131. ) 1 ;d pr 100 VIM DleiugOt 11)1 2::: 2 58 1 ---! 1- , 100 100 100 stock 100 100 100 100 100 100 ! stock ;usiness done RAIL 7.4.0 54f 17s 13.12.8 6.8.6 8.12 4.11.6 1.10.6 lli 1.11.0 9.18.9 1* 10.6.7 4.18.6 all 18.1 q. Vi 24.8.01 !t3fi cdl 26 51 IMPERIAL PARMA MENT. HOUSE OF LORDS.—(YESTERDAY.) The LORD CHANCELLOR took his seat on the woolsack at five o'clock. PRIVATE BUSINESS. The Liverpool Cemetery and Kirkcudbright Railway Bills were read a second time. The Manchester and Wilmslow Road, Henley•in-Arden Railway, Darlington Local Bill of Health, Alton, Aires ford, and Winchester Railway, Cork and Youghal Rail way, Middleton and Tongo Improvement, and East India Irrigation and Canal Company Bills, were read a third time and passed, THE ROBING-ROOM. Lord REDESDALE gave notice that on Monday week he should move for a select committee to ascertain when the Robing-room would be ready for the occupation of their lordships. EXPERIMENTS WITH THE ARMSTRONG GUN. The Earl of HARDWICKE, seeing the noble duke the First Lord of the Admiralty in his plac, wished to call attention to the statement made by him some evenings ago, viz., that shot from the Armstrong guns had penetrated eight inches of iron. Now it was very important to know what were the parti culars of those plates. He was told that the plates were composed of iron welded together, and set on end ways, in which case it was a very unfair trial, as the welding could never be perfect. He was also told that the 41 inch plate of wrought iron had never been (penetrated. It was very important that the truth should be known, in order that the impression might not go forth that English manufacturers could not make good iron plates. The Duke of SOMERSET was perfectly aware of the great differences in iron plates. The plates in question were certainly composed of iron bars, but they were not welded. They were dovetailed together, and fastened in the strongest manner. He believed that the same results would have followed had the plates been prepared in other ways. With respect to the trials that had been made, and would be made, the utmost care would be observed, and the services of the most scientific persons had been se cured. Postmaster-General of the postal contract with the Royal Atlantic Steam Navigation Company. He said it was not his intention to make any allusion to those personal expla nations which had hitherto attended the discussions on this subject. He would merely remark that it was the custom in private life, when a gentleman had the misfortune to hurt the feelings of another, either from any incorrect informa tion, or from any inadvertency, to take the earliest oppor tunity after he had found out his mistake to explain how the error arose, and to express his regret that it should have occurred, and he would venture to say that in 99 cases out of 100, that explanation was accepted in the same frank and friendly spirit in which it was made. He was bound to say that the noble lord at the head of the Government had evinced that frank and fair spirit which always character ised his dealings with that house. As soon as he found that the Irish members had not made a threat nor solicited an interview, he stated to the house that he was perfectly satisfied with that explanation ; and he (Mr. Gregory) only wished that on that occasion the noble viscount had been authorised to make a similar statement on the part of the noble lord the Secretary for Foreign Affairs. In that case the noble lord (Lord John Russell) would have had the advantage of making an interesting harangue, and if at the same time the noble lord had stated that he was mistaken in the insinuations that he threw out, he (Mr. Gregory) could only say that, as far as he was concerned, the noble lord would not have heard more of it. He would make one other remark, and it was this, that the house ought to bear in mind that insinuations against members of the house not only attached to those members but to the whole house, both in the eyes of this country and in the eyes of foreign nations. lie was given to understand that the commit tee was to be conceded, but until they had some informa tion from some authorised source on the Treasury bench, he trusted that hon. members who were disposed to sup port his motion would not leave the house. The terms of his motion were for a committee to inquire into the cir cumstances which had attended the abolition of the Galway contract on the part of the Postmaster-General, and the Government having adopted what he might call the solids, rity of the responsibility of the Postmaster-General, the house would naturally consider that this was a committee that was going to inquire into the acts of the Cabinet ; and as he could not help recollecting that on a former occasion when a committee of that house had been moved to inquire into the conduct of the Crimean war, the appointment of that committee was resisted on the ground that it was to inquire into the acts of a Cabinet, the most influential mem bers of which had acceded, he should hope that those hon. rn.rnbers who were disposed to support his motion would wait tut tney nau receives a What. ue naa stated. It had always been a stereotyped accusation against the people of Ireland, that instead of devoting their energies to the practical improvement of their country, they had ever been disposed to be led away by different projects of agitators, the realisation of which was impossible. In 1850, however, a project was set on foot which it was fondly hoped would be the precursor of many others, a project, namely, for the establishment of a line of transatlantic steamers in connection with an Irish port. In every part of Ireland the scheme was eagerly taken up. Small farmers, small shopkeepers, and persons who had retired from busi ness, all freely contributed towards the funds required ; for, as Mr. Laing observed, on the 9th of August last, 1,720 Irishmen had been induced to subscribetheir money; believ ing that the project would be for the interest of their coun try. (Hear, hear.) When the subsidy was granted by Lord Derby's Government, he believed that at no time had there ever been a more friendly feeling towards England since the memorable tour of Lord Normanby. Irishmen at last thought that they had got something more than words. They thought it was a fulfilment of what had been pro mised them by King William IV. in answer to the address of both houses of Parliament that had been moved as an amendment to the motion of Mr. O'Connell for the repeal of the union. A similar feeling prevailed even in this country, for addresses were sent up to the Treasury in favour of the scheme from chambers of commerce in some of the largest and wealthiest towns, and also from some of the most eminent cammercial firms in England, There were, however, two quarters in which great objection was felt to it; and they were Liverpool and Scotland. In 1851 a similar uneasiness had been felt in Liverpool because it was proposed that there should be a postal communication be tween Ireland and America ; but the inhabitants were, at that time, a good deal reassured by the report of that year and by a speech of Lord Granville in the same summer, in which the noble lord laid down the theory that communica tion with America ought to proceed from Liverpool alone. He was bound to say that that theory had been well en forced by the Liverpool press ; for it said that Ireland really ought not to be led away by any such visionary ideas ; but that it ought to content itself with planting potatoes and raising agricultural produce. When in 1858, however, the Galway Company was fairly started—when its vessels were seen to carry as many passengers as they could possibly accommodate—when the crimps and lodging-house keepers of Liverpool perceived that the unfortunate emigrants were escaping from their grasp—(cheers)—when they found that more goods came not only from Belfast but from other ports in Ireland than the vessels could carry, the Liverpool editors began to leave off their satirical criticisms on the names of the ships, the incorrect descriptions of their ton nage, and the discrepancies which were exhibited by their time bills, and a my rose that it was atrocious in any Go vernment• to support such a scheme. In Scotland a similar cry was raised, and it was led by the hon. gentlemen the members for Greenock and Montrose. A committeee of in quiry was instituted, and certain proceedings certainly came out; but though it might have inculpated individuals, that inquiry completely cleared the late Government of the charges which had been brought against it of political job bery. It was said that they had entered into the contract for the sole purpose of influencing the Irish elections ; but that charge had been so completely refuted by his noble friend (Lord Naas), who had shown that the contract was in point of fact completed before the prospect of a general election became imminent, that he (the hon. gentleman) need not say another word on the subject. (Hear, hear.) He believed that Lord Derby's Government were really influenced by considerations which did them the greatest credit. Instead of governing Ireland by a mere system of conciliating this man, and catching that, and put ting him in office—(cheers)---Lori Derby inaugurated a general policy—a policy of seeking to benefit, not individuals, but the whole country. (Hear, hear.) The people of Ire land felt that while they contributed largely to the imperial Exchequer, they reaped no benefit from grants which were lavished on England. Thus, while £BOO,OOO was laid out on harbours of refuge in England, and while £900,000 was sanctioned for postal contracts for English ports, no money was thus expended on Ireland. (Hear, hear.) The best wit ness in her favour was Mr. Laing himself, who said that so long as Ireland contributed a third of the postage, and pos sessed the advantage of nearness and the consequent saving of time which her position gave her, she must be consi dered as entitled to the service. (Hear, hear.) In the report of Lord Granville several points were strongly in sisted upon as establishing the inexpediency of making Ireland a port of departure, which had been disproved by the committee of inquiry. For example, Lord Granville's report said the saving of time would be inconsiderable-- only 10 hours in 11 days—whereas it was shown that there would be a gain of 24 hours to passengers, and while the gain to letters would be equal to seven or eight days on the double voyage, the saving on telegraphic despatches would be one. half. Then it was said that merchandise would not go ; but more merchandise had been offered by Belfast alone than the ships would carry. Then it was said that the passengers would find the frequent transference objectionable ; but it was proved that the Galway Company had carried more passengers in 12 voyages than the Cunard had carried in 50. (Hear, hear.) From June, 1859, to May, 1861, it had conveyed not less than 13,250 passengers out, and 3,955 home. (Cheers.) These persons had not only escaped the'robbery and spoliation which they would have suffered in Liverpool, but the Irish girls amongst them had escaped the debauchery and contamination to which they would have been subjected in the ordinary emigrant ships, and which stocked the streets of New York with the vic tims who were thus seduced and then abandoned. This, therefore, was no mere squabble between a company and the Post-office. It was a national question, in which the sympathies of every Irishman were enlisted. They had been charged with giving the question a political complexion, but that complexion had been forced upon it. The present Governntent, which he (Mr. Gregory) usually supported, had, he regretted to say, from the date of its accession to power, showed the strongest animus against it. (Hear.) He would not refer to its dealings with the Post-office au thorities—he would refer rather to the report of Lord Gran ville, and to the speech of Mr. Wilson, on the vote of want of confidence, in support of his. assertion. And now let the house pay attention to the dates. On the 22d of Octo ber, 1858, a contract was entered into between the colonial Government of Newfoundland and the Atlantic Company, for a monthly service between Galway and St. John's, and hence to the United States. The subsidy was to be £13,000, of which £8,500 was to be paid by Newfoundland, and £4,500 by the imperial government. On the 21st of April, 1859, another contract was entered into between her Ma jesty's Government and the company for a packet service between Galway and New York, with a telegraphic service to St. John's. The service was to be fortnightly, and for £1,500 each voyage, or £3,000 for the double voyage out and home. The ships were to be of not less than 2,000 tons bur den, and of 420 horse power. Four ships were contracted for at a price, in round numbers, amounting to about £400,000. Plans, lines, and specifications were submitted to the Ad miralty and approved. The company, feeling that they had undertaken a service of a very arduous character, and that they had a fleet of first-class steamers to provide, naturally required sufficient time. Accordingly they demanded and obtained 14 months; and the contract was therefore to commence in June, 1860. After this contract was signed circumstances occurred which considerably complicated the affairs of the company. In the first' place parliament was dissolved; and shortly afterwards a new ministry came in; soon after which a system of attack, as he might fairly call it, was commenced againstthe company. (Hear.) Questiont were continually put; little matters were perpetually urged . and gentle hints were co nve ye d to the Chanc ellor of the Exchequer and the Treasury, the object of which was un mistakable, (Hear, hear.) A committee was oppointed in July to inquire into postal contracts. In the following session it was re-appointed, and it did not report on the Galway contract till the 22d of May, 1860. The committee said that it would be open to parliament not to Tote the . _ money for carrying out the contract, but that they were not prepared to recommend the house to take such a course. Everybody who knew all the circumstances that had oc curred, however, was perfectly certain that the vote for the Galway Company was trembling in the balance. (Hear.) The company did not know what course the house would take. All would depend upon the course adopted by the Government ; and it was understood that the animus of the Government was hostile to the contract. On June 22 the doubts which the company entertained were considerably strengthened by a letter which was addressed to them by the Treasury, and in which there occurred the following passage :—" Under these circumstances it is impossible for their lordships to foretell what may be the decision of par liament, or until the final report of the committee is made, what course the Government may think it their duty to adopt." It was not, in short, till the 9th of August—in other words, till after the lapse of 16 months from the tim e the contract was agreed upon—that it was approved by the House of Commons. (Hear.) And now what was the posi tion of the company at this crisis? 'What would be the posi tion of any company in the world with an undertaking on its hands of such magnitude, and with contracts pending to the amount of nearly half a million of money, if all its hopes were thus left in suspense for sixteen months ? (Hear.) What power would it have o% er its shareholders or over its contractors ? (Hear, hear.) If lathes had been committed the fault was owing to the position in which the company had been placed by the House of Commons, and the house ought, therefore, to take a liberal view of the case. and give the company the benefit of every doubt. (Cheers.) Evety accusation that could be raked up against the com pany was brought forward, and he was bound to say some very unfortunate transactions were brought to light, but which involved none of the shareholders or of the present directors. In June, 1860, although the contract bad not been sanctioned, the company determined to put their ships afloat. They were afraid that, if they did not, oppor tunities would be taken by their opponents to make charges, by means of which an unfavourable impression would be produced on the committee, and induce them to make a report unfavourable to the company. They accordingly commenced service two months before the contract was actually granted, at a time when they were recommended by the Treasury to do so. That fact was not in writing, but he thought it could be sufficiently proved before a committee of the house—(hear, hear)—and that, even although the Treasury had then no power to pay them money. He would now refer to another branch of the transaction—the Newfoundland contract. He was under some difficulty in considering this particular matter, because he found that y etitm day a reply had Loan carat l,y th. Postmaster -General to the statement of the directors, in which they had alleged as a grievance with regard to this Newfoundland contract, that the Postmaster -General had forced the company to give up their colonial subsidy whilst they kept them to the duty of carrying the mails to St. John's. Now, the house would bear in mind there was a letter published by Mr. Brady on this subject. But in spite of Mr. Brady, and in spite of every written document which was published on this subject, the carrying of the mail to St. John's was forced on the company. This pistol —or rather double-barrelled pistol—was held to the head of the company because the Postmaster-General forced them to carry the mails to St. John's after the withdrawal of the colonial subsidy. The Postmaster-General met them at this point, and said, no such thing—the contract for carrying the mails, which was only for one year, had terminated. To this statement he (Mr. Gregory) had only to say that it was incorrect. The contract was made in the first instance to carry the mails for one year; but it was continued for five years, if the colonial legislature consented ; and the local legislature of Newfoundland did consent. (Hear.) This was a most important point, because it was this New foundland service which impoverished the company, and laid the foundation for its final breaking up. Into this subject he would not go further, but would leave it to the decision of the committee. He would merely add that it was alleged that the company had been subjected to pains and penalties merely because they had strictly carried out what the Postmaster-General considered to be the letter of the agreement, and that being under a threat all the time of having their contract broken up, the company were forced to accept this condition. In October, 1860, the company applied to the Postmaster-General for a postpone ment. That was the first proposal on the part of the com pany. They proposed to postpone the carrying out the contract till March, 1861, That proposal was accom panied by a request that the Prince Albert might be accepted for temporary service until another vessel was ready. That request was refused. On the 12th December, 1860, the company wrote, asking far further indulgence, and that the time should be extended from March to June, 1861. And here he must allude to the circumstance that the Post master-General in his letter said that on the 26th of March, 1861, the company had not a single vessel capable of per forming the service of the company. But on the 26th of March the company possessed one of the finest vessels in the world capable of carrying the mails—the Adriatic. (Hear, hear.) The Adriatic had been already employed by the Cundrd Company, and the directors applied to the Postmaster-General to allow her to start without being in spected by one of the surveyors of the Admiralty. That request was refused. Now, though no doubt it was per fectly right that vessels should be inspected, he thought the Postmaster-General might have extended to the Adriatic under the circumstances some liberty in the matter. But all these points might now be thrown aside, because for almost every one of these concessions the company had been compelled to pay—to use a vulgar phrase—through the nose, o the extent of £B,OOO. It had been generally supposed that the company had received a very large sum of money for doing nothing all this time. But he must assure the house that the company had received no money whatever, except far services actually rendered, to the amount of £14,000 odd. No doubt there had been irregularities ; no doubt also concessions had been granted by the Postmaster-General. But the company had beon fined over and over again, and where the fines had been exacted it ought to be considered that condonation had taken place. (Hear, hear.) On the 7th May the company, in consequence of not having a vessel of their own, engaged the Parana, a vessel which in tonnage, horse power, &c., fully answered the requirements of the Admiralty. Her speed had been proved on former occa sions, for once she had made the passage to Boston in one day and several hours less than the time required, and she had returned in an even shorter period. Therefore, the Parana was a vessel perfectly cal culated to fulfil the terms of the contract. Now, by the terms of the contract of the 21st of April, 1859, the com pany were bound to keep seaworthy and efficient vessels ; but they were to be subject to the approval of the Board of Admiralty. Lord Stanley of Alderley refused the Parana, on the ground that the Admiralty surveyor had stated she would not be able to carry the mails to St. John's in six days. Now, here lay the point. By the new contract provi sions were made that the company should take the mails to St. John's, but no time whatever was stipulated for taking them to St. John's, although a time was fixed for their going to Boston, which stipulation the company efficiently carried out. (Hear.) There were no time tables for St. John's, and no provisions for the delivery of the mails. Therefore when the noble lord said he was guided by the Lords Commissioners of the Admiralty, the Lords Com missioners, though they could not say the ship was not competent to carry the mails to Boston, said she was not competent to carry them in six days to St. John's, and they said the Paranaecoeulvedrunmeetngtot.o take es this s s s a d f v a a i h r taangde of f ro t p h e e r coursefor the com pany when the Postmaster-General had no mean s o f knowing whether a vessel could perform the voyage or not ? He (Mr. Gregory) had felt much obliged to the hon. gen tleman for the answer he gave him yesterday. He (Mr. Gregory) wished to know what were the penalties which had been imposed upon other companies, whether any in dulgences had been extended to other companies, and par ticularly to the company of Sir Samuel Cunard. But whilst the Government was heaping and imposing all these penal ties upon the Royal Mail Steam Packet Company, what were the penalties to which the Cunard Company was liable ? The only penalty which could be imposed upon that highly subsidised company was a fine of £lOO for not having a ship ready. Nothing could be charged for over time; there was no power to determine the contract for delay, and there were no time tables. But would th e house !permit him to refer to the correspondence of Lord Stanley of Alderley with the Cunard Com pany, in which that noble lord did himself great credit for his indulgence and his immense concessions. In 1853 the noble lord, writing of the Atlantic Royal Mail Steam Navi gation Company, said that the mode in which the company had kept its contracts had been made the subject of several complaints. The company had admitted the correctness of the charges. After mentioning a date, he said that from that period the company had kept to their stipulations as to time on three occasions only, sometimes they had exceeded it by 14 or 15 days—(hear, hear)—and on the average they failed to keep time for four:,days on each voyage. (Hear, hear.) During a period of from February 1850, to March 1853, the duplicates of letters sent by the mail had been re ceived in Liverpool before the letters themselves had arrive d at Southampton. (Hear, hear.) Then followed a rowa rk. are satin able passage, in which the noble lord said, ". that the Atlantic Royal Mail Company as difficulties to contend with, that it has made great an efficient W ea e t h e ad xer g t irlast and incurred heavy expense towards providingt has been treated supply of vessels. On the other hand , i e with great indulgence, and great alloys magnitudeanc4 r et shav o e f b e t h e ne ma n a t d e e for the sake cf its losses and of - receive ships,'' i very ( o rests a rhear.)involved." 1 Thesehe ywhich sub re b d o seseen f e t s large, and they have neve. ear.)The abandonment o f the t exposedhe consistedey to h of public tender. (Hear, j without North Americananydiminution branch o within the subsidy, year had a of the ten contract rendered competition he rate of payment per mile much greater than was agreed on when the company was formed. It has been very often as serted that other parties would have been willing to under take the service. Under these circumstances we are of opinion that, on the whole, it would not be fair towards the com pany, at the present moment, to destroy the company, or to inflict any penalty; nevertheless, the public interests de mand that a stricter course should henceforth be adopted." H e (Mr. Gregory) could not help looking at this decision as a great national misfortune. He would not say that the town of Galway had received the greatest and most marked benefit from the opening of this route, That would be most unfair and censurable observation. But he might re- Mina the house that already Belfast and the north of Ire- land had been struck with the necessity of communication with Galway, and had considered it a matter of such vital importance, that a line was now commenced, and would shortly—he believed within six months—be finished, for the purpose of connecting Galway and Belfast by steam communication. He might also say that the south of Ire land had been so impressed with the necessity of having communication with the town of Galway that a line was sanctioned last year by Parliament to connect Limerick, Cork, Waterford, and the south-west of Ireland, with Gal way, and he very much feared that the withdrawal of the contract would make the company apply to Parliament to be released from their engagement. In former years, partly from the opinion of the commission which sat in 1841, and partly from the general impression that prevailed in England, all idea of postal communication between Ire land and America was pooh-poohed as a foolish proposition. Sir S. Cunard then stated that if he should be induced to enter into such an arrangement he must have an enormous increase of subsidy. But Sir S. Cunard had discovered the absolute necessity to accommodate the south of Ireland, and the consequence was that they had Cork now a port of eall without any increase of subsidybeing asked for. (Hear, hear.) Other companies also, who were formerly of opinion that Liverpool was the only place to be accommodated, had now found out that Londonderry required to be accom modated also, and Ireland was now accommodated with three distinct points of departure for America. Both the north and south of Ireland owed a considerable debt of gratitude to Galway, for they might rest perfectly assured that it was from no love of them that Sir S. Cunard sent his vessels to Cork, and Mr. Allen sent his to Londonderry, and they might rest assured also that when jealousy was extinguished love was likely to wax faint. (Laughter and cheers.) Well, then, with regard to this subsidy, w hi c h amounted to £78,000 a year, let them see for a moment what were the advantages that England derived from it. (Hear.) Just now news from America was eagerly sought for in every quarter; to obtain news a few days earlier was a matter of vital importance to those engaged in trade, and, when the Postmaster-General said the other night after all, so far as England was concerned, the vessels might as well be running from Queenstown, inasmuch as the Queens town vessels went to New York as soon as the Galway ves sels, the noble lord appeared quite to have forgotten the importance of those telegraphic messages from St. John's, that brought news four or five days later than the direct ocean communication. (Hear, hear.) Hints had been thrown out that there should be a line of ships touching Ireland, and that Ireland might be satisfied with that, or that there should be another contract submitted for compe tition. But he confossed, considering the hardships which this company had suffered, and considering also the dange that the new contract would be accepted by persons whose only object would be to do away with this communication between Ireland and America, he hoped the House of Com mons would take a just view of the question,and would extend its indulgence to this particular company. (Hear, hear.) Again, he thought that Galway had peculiar claims to this favourable view of the case. Galway, as everybody knew, was not very rich, but very large and liberal subscriptions had been entered into, and the Galway town commissioners had assessed themselves to the amount of 4d. in the pound to provide better accommodation for the port by supplying a suitable landing-place, and the county had resolved, not only by the resolutions of two grand juries, but also by the Presentment Sessions, upon a tax of Id. in the pound, to improve the harbour and provide for this communication. It was always being thrown out that Ireland was never ready to help herself, and he wanted to show to the house how ready the people of Galway had been in this case to put their hands in their pockets—not very deep, it was true ; but they had done their best, and he thought that some consideration ought to be shown to them on that ac count. (Hear, hear.) While upon this point, let him refer to a circumstance which had occurred, showing the differ ence with which one company was sometimes treated from another. He referred to the course that was taken by the last Treasury towards Ireland and towards Scotland. Last year the harbour commissioners oe Galway asked permission of the Treasury to expend £1,200 of their harbour dues in laying down moorings, but permission was refused, although the effect of granting it would only have been to postpone for six months the last instalment of the debt. Simultane ously with that refusal, on July 23, 1860, an act was passed to provide for the settlement and discharge of debts due by the commissioners of the harbour and docks of Leith. Thoir debt amounted in the year 1838 to so less than £528,374, and Heaven only knew what it amounted to in July, 1860 ; but this immense debt contracted by the city of Edinburgh was compromised by the Treasury on the payment of £50,000. That was the treatment experienced on the one side of St. George's Channel and upon the other. (Cheers.) This was a very vast question, and he was afraid the people of Ireland would not look upon the decision in this case in the light that it was intended ; he was afraid that the course which had been pursued would add another to the many re sentments that were cherished in that country against Eng land—(cheers)—that it would be considered in that country that that course had been adopted from a grudging envious spirit towards any undertaking that was calculated to bring Ireland into rivalry with Scotch or English enterprise. (Cheers.) This might be all very erroneous and very unrea soning, and he was perfectly ready to acknowledge that it was so, but those who undertook the management and go vernment of a country must make allowance for public sen timents. The House of Commons—which set up to be a shining light to the whole world, and which was supposed to support every measure it passed upon the solid basis of argument and reason alone—had last year to defer to what was called unreasoning and erroneous sentiment. The most impoz tent provision was struck out of the Census Bill solely in deference to what the Home Secretary called an unreason ing sentiment. Though the sentiments he had described were unreasoning and erroneous, it must still be remembered that they were the sentiments of a large section of the people of Ireland. He remembered an Under Secretary for Ireland —Mr. Drummond—the man who made use of the cele brated expression that "property had its duties as well as its rights," said that, "How to do it was a matter in the govern ment of Ireland quite of as great importance, in his mind, as what to do." Now, he wished the Government would take that opinion into their consideration; and they might rely upon it that they would be no losers if the con tentment of the people were a gain and a success. He was perfectly aware that her Majesty's Ministers had great dif ficulties to contend with—and they had the greatest of all difficulties to contend with, which was the difficulty arising from the ignorance of "how to do it." (Hear.) Her Ma jesty's Ministers were in the position that they had not one single Irish member connected with the Cabinet from whom they could obtain the slightest reliable information as to the temper and opinion of the people of Ireland. (Cheers.) They did not even attempt to consult any of those out of office who would be willing to enlighten them upon the sub ject. (Hear.) As paradoxes were at a premium in the Cabi net, perhaps they acted upon the hypothesis that the opinions of persons who were well informed upon a subject might be so engrained by prejudice that it would be better not to go to them for their opinion. But whether this was their theory or not it was unquestionably their practice, and they would have every opportunity of carrying out that principle w,th the most perfect and most uninterrupted success ; because he conceived that when the Irish supporters of ber Majesty's Government:went back to their constituents their fidelity to their party would not be, as heretofore, a matter for glorification, but a matter for excuse, (Chee ra.) He knew perfectly well it would be thrown in their teeth that his argument went to this, that Ireland was to be governed by grants, subsidies, and contracts. (Ironical cheers.) That was not the meaning he wished to convey. 'rho ques tion at issue was not this miserable dole of £76o9oo—the question was whether, while English enterprise) was to meet with favour, Irish enterprise was to be treated with disfavour. (Cheers.) It was the question of the s;pirit and animus which had influenced the Government from the be ginning to the end of this unhappy matter—it was the ques tion whether political antipathies were to be indulged in at the expense of Ireland—whether in wounding Imbued the: could discredit Lord Derby, and gratify party pique by the he destruction of a nation's hopes. (Loud cheers.) V Vhen o went back to those who sent him to that house he , esh, had be forced to tell them that her Majesty's Governn te, t ' b e nt she given another proof that Ireland might contrishben sh ould not should not receive ; that she might sow, the reasons; he had the rich man's table. (Cheers.) n t h e paper, and the reap, that she was not worthy of the Forcrumbs stated he had placed the motion 'We d upon was thiis—that en chosen b for their it might satisfac tory which the question s hould be committee, instead of having a large comm but that fell from in he wished it to be s ated ability and impartial ity, & mee ittee one member to condo et tory to place u of P°l"he Ireland, and one member to d left to the arbitration ofanfivdep defend the case on the part all he could say was that • but in insisting the Government, e ge rha nt p le s m question should be judged that this qu° not merely Upon the l e tter but in the spirit of the contract, h e should acquiesce u;th the most perfect readiness in the impartial decision of five Eng li s h gentlemen. Lord J. RUSSELL—I rise to reply to some observations which the hon. gentleman made at the commencecmeat of his speech. It was an irregularity, no doubt, to refer to a former debate, but since the hon. gentleman has c hosen to commit the irregularity, I must be permitted to &Wow him. The hon. gentleman has made a charge against rae of want of frankness in this matter, and I am bound to state to the house what occurred. There had been on the morning of a very important debate an imputation mentioned ha a news. paper of the most general circulation (the Times) that there had been a bargain made between the Government and the Irish members, and that in consideration of £36,0 00, to be paid for the Galway contract, the Irish members were to sup t the Government. Now, I consider that as a calumny I stated on the part of the Government that itwas a calumny upon the Government. I certainly had a right to do that. (Cheers.) It was obvious that the imputation, was made against the Government on the one side and .a/ faint the Irish members on the other. It was my business as a mem ber of the Government to deny the imputation a s regarded the Government. The right hon. member (Mr . Disraeli) spoke rather early in the debate, and referred it icidentally to the question of the Galway contract; and then , afore it be came my opportunity and my duty to refute t'M P care nY It-was for the Irish me m b ers t o re f u t e th a t par t of the with ca lumny which ref erre d t o t h emselves. (O h, 0 10 , u regard to the c on d uc t o f t h e G overnmen t, I stated that I had been inf orme d by m y no bl e friend that a ;gentleman who seemed entitled to a sk the question he .d ask( him to 13aornillg t OWN , ' ' receive a deputation of Irish members ofd ADMIRAL ELLIOTT. The Duke of SOMERSET said with req. ect to the statement that had been made in that house last night, he regretted that such a circumstance should have occurred during his absence. He was informed that the noble lord niutt. He could only say he had nothing to retract, and therefore he adhered to his statement. Foreign officers often applied for permission to inspect English dockyards, and such permis sionwas always granted. In a few days after one of these visits he saw an article in the Dioniteur, or some other continental newspaper, warning the French that our pro gress was dangerous. He must say it would be very em barassing to the friendly relations between the two countries. The Earl of HARD WICKE was sorry to hear the sub ject revived again. His only object was to defend the cha racter of a brother officer. With respect to the adminis tration of the naval affairs of England, it behoved the noble duke to be energetic in his competition with the French Government. They had twenty-six of these iron plated ships in preparation— England had but six or seven, and it was necessary that we should have as great a force as that country. It was true the speech of the noble duke the other evening was the speech of a statesman, but it was that of a slow statesman. He thought he ought to ge on a little faster if he really wished to beat his powerful com petitor. Lord BROUGHAM bore his testimony to the fact that the speech of the noble duke contained nothing injurious to the honour of Admiral Elliott. He renewed the warnings he had previously given of keeping the nation well armed. The Earl of SHREWSBURY said Admiral Elliott, in what he had done, had done nothing more than any other private individual would have done who went out without any Government directions. The Duke of SOMERSET could only repeat his regret at what Admiral Elliott had done. It was a very different thing to relate the result of his visit to a private friend and to tell it to an ex-First Lord of the Admiralty, with the view of it being stated on authority in the House of Commons. The bad effect of the course was to be seen at once on the other side of the water. In the discussion in the Corps Legislatif the reflection was already apparent. The noble lord seemed now to beurging him to buildnothing but iron ships. A short time ago he was urgently demanding wooden ships of the Admiralty, yet the Admiralty was accused of vacillation. He must leave the noble earl to de • tide on which side the vacillation existed. (Laughter.) The subject then dropped. PUBLIC OFFICES EXTENSION BILL. This bill was read a second time. GREENWICH HOSPITAL BILL. This bill passed through committee. BOROUGH OF DUBLIN B ILL. This bill was read a third time and passed. BURFORD'S CHARITIES BILL. This bill was read a second time. READING CHARITIES BILL. This bill was read a second time. TEMPLE BALSALL HOSPITAL BILL. This bill was read a second time. GUILDFORD HOSPITAL DILL. - This bill was read a second time. Their lordships then adjourned. HOUSE OF COMMONS—YESTERDAY. The SPEAKER took the chair at four o'clock. PRIVATE BUSINESS. The Lords' amendments to the Banbridge Extension Railway Bill were considered and agreed to. The Bur ton-upon-Trent Water Bill and Llanidloes and Newtown Railway Bill were read a second time. The following bills were read a third time and passed : Cleveland Railway, Cork and Macroom Direct Railway, East Suffolk Railway, Kilkenny Junction Railway, Much Wenlock, &c., Railway, Sittingbourne and Sheerness Hallway, and West Midland and Severn Valley Railway Companies. THE GALWAY SUBSIDY. Several petitions were presented from different parts of reland in favour of the restoration of the Galway packet subsidy. THE NATIONAL GALLERY. Lord W. LENNOX gave notice that on going into com mittee on the civil service estimates he would draw atten tion to the recent alterations in the National Gallery at Trafalgar-square. BRITISH SUBJECTS BORN IN INDIA. Colonel SYKES gave notice that on Tuesday next he would present a petition from British subjects born in India, complaining of grievances THE GREAT EASTERN. Admiral DUNCOMBE asked the Secretary to the Ad miralty, if the Admiralty had taken up the Great Eastern for the conveyance of troops to Canada ; if so, at what rate per ton ; how many soldiers are to embark in her ; and if their being sent in that ship was with the concurrence of the Secretary of State for War ? Lord C. PAG E ET said that the Government had made a contract with the owners of the Great Eastern for the con veyance of a certain number of troops and horses to Q u ebec. The number consisted of 89 officers, 2,007 men, and 222 horses, and the rate of payment was £lB per head for officers, £2O for horses, and £5 10s, for privates. CONVICT PRISONS IN IRELAND. In answer to Mr. 'MAGUIRE, Mr. CARDWELL said that, from the improved state of convict prisons in Ireland, it was not intended to fill up the vacancy in the Board of Directors of Convict Prisons. POST OFFICE SAVINGS BANKS. Sir A. AGNE W asked the Chancellor of the Exchequer, whether it was the intention of her Majesty's Government to extend the accommodation contemplated under the Post office Savings Banks Act to all parts of the United King dom; and whether the Postmaster-General was prepared to receive applications from private parties interested in the establishment of savings banks in particular localities. The CHANCELLOR of the EXCHEQUER said that the bill would extend to the three parts of the United Kingdom. The object of the Postmaster-General was to grant post-office accommodation in those places where it was most required. The Postmaster-General would make selections of those districts, in order to give a fair trial to the system previous to its general adoption, and he would look more particularly to the more wealthy and populous places. He trusted gentlemen of local knowledge and in fluence would give the Postmaster-General all the assist ance in their power by furnishing him with information. DOVER HARBOUR. Mr. DEEDES asked the President of the Board of Trade if it was his intention in the Harbours Bill to adhere to the constitution of the board now governitig Dover Har bour, as provided for in the bill ? Mr. M. GIBSON said the bill on thi s su bj ect would b e proceeded Ns ith on the day sitting on Tuesday next. THE HIGHWAYS BILL. In reply to questions, Sir G. C. LEWIS said that if it was considered by hon. members that proceeding with this bill on a day sitting on Friday would not be fulfilling the promise made fcr appro priating a day for it, he would not press that arrangement, and he would substitute the London Corporation Coal Bill for consideration that day. THE GALWAY SUBSIDY. In reply to Col. FRENCH, The CHANCELLOR of the EXCHEQUER said that it was not usual for Government to apply to the law officers of the Crown in regard to contracts, except when there was some point involved. The Postmaster-Goneral considered that no such point had arisen in reference to the Galway Packet Company, and therefore did not apply to the law officers for advice. THE APPROPRIATION OF THE VACANT SEATS. In reply to Mr. DUNCOMBE, Sir G. LEWIS said that the bill for the appropriation of the vacant seats would be proceeded with, and Government would then state what course they intended to pursue. Mr. T. DUNCOMBE then gave notice that he would move that writs be issued for members to serve in Parlia ment for Gloucester and Wakefield. THE GALWAY SUBSIDY. Mr. GREGORY moved for a select committee to inquire into the circumstances attending the termination by the ~1 VIE SUN, LONDON,' SATURDAY EVENING, JUNE - 15, 1861. - -- - -r -----v,- Sharel stock 2ok 20 100 100 100 stock stock stock 20 stock stock all 100 100 100 all 2s. 18.8. all all all all all 8 a I Loot i 981 f 9i 96 5 100 i