The Sun. — London, England, 1857-12-23 00:00:00

.?v' MARKET AilD COMMERCIAL INTELLIGENCE, ---►---- CITY, Two o'CLoCK. The Liverpool Cotton Market yesterday mani fested a firm appearance, and the values of most descriptions advanced fully id. per lb. The sales were estimated at 5,000 bales, 1,500 of which were taken by the speculators. The Railway Share Market closed steadily, and prices are a shade higher. Although there has been a favourable subsidence of commercial failures, the exciting terms of dis count and the injurious influence of recent events are still producing a good deal of distress, and numerous small houses are compelled to appeal to the consideration of their creditors. A large number suspend, which the public are never informed about, the amounts in volved, although, in the aggregate, extensive, being individually unimportant. It is thought that the lift, so far as large firms are concerned, is pretty nearly complete, but during the next few months occasional instauces of stoppage will, no doubt, be recorded. Three were announced yester day, viz.: Messrs. Lloyd Brothers, picture dealers and exporters ; Messrs. C. Nicholson and Co. warehousemen, both of London, and Mr. William Reid, wholesale grocer, of Edinburgh, with liabili ties estimated at 20,000/. or 30,000/. A meeting of the creditors of Messrs. E. Sieveking and Co., has been held to-day, and the following balance-sheet was presented Da. To sundry creditors—as per statement £77,229 310 To sundry creditors partially secured, as s p er statement £lB,OOO 0 0 Less estimated value of 15,866 0 11 security To sundry creditors fully secured — Amount of claims Value of security Surplus taken per contra.. 2,029 10 10 2,133 19 1 1 2(1 To liabilities on acceptances, as per list .......454,6 00 2 4 Of which it is expected , claims will arise on 125,014 1 4 To liabilities on bills receivable, as per statement 348,956 12 0 Of which those reckoned as bad and claimable on us amount to 57,110 4 8 Deduct securities in the hands of holders, as per statement 53,988 1 1 £258,365 5 4 CR. By bills receivable on hand, as per list— Considered good £26,191 15 2 Doubtful £9,041 3 6 Eitinaated -------1:28,191 15 2 By sundry debtors ' as per list — Considered good 56,900 13 1 91 „ being repre sented by merchandise on hand, as per statement 45,195 4 0 Doubtful ... £24,810 1 3 Estimated at Bad £7,667 2 7 - --112,89517 1 By surplus securities in bands of creditors... 2,029 10 10 st 25 25 St. St. 50 St. St, £143,117 3 1 The partners' capital at the commencement of the year was 72,0001., and the losses since October have been 206,6031. Is. 3d. It was resolved that the estate should bo wound up under inspection, for which purpose two of the creditors were appointed a committee. A slight decline was apparent on the Paris Bourse yesterday, the 3 per Cents. having closed at 67.60 for money, and 67.75 for the end of the month. A large amount of gold was sold to the Bank yesterday, viz., about 210,0001. The Money Market is without any alteration of importance. In Lombard-street discount accom modation is still obtainable at lower quotations, and long dated bills of good quality are easy of ne gociation. The supply is in excess of the demand, and the bill-brokers evince greater willingness to dis count long dated paper. After Christmas the inquiry will probably become active, a larger amount of capital being required for the liquidation of annual and quarterly accounts, besides the bills which fall due on the 4th proximo. The effect, however, may be only temporary, and the money market will no doubt gradually become easy, the tendency being already strongly in that direction. The market for English Securities has been rather variable to-day, and a moderate business has been done. At first there was a slight improvement, but upon the re-appearance of sellers the quotations is again became rather heavy, the decline amounting ~„, to per cent. When it became know n, however, tuouo that Lucknow was relieved, buyers again came forward and a partial recovery in prices ensued. 1 20 ConsoLs after being 931 declined to 92 93, and 20 the latest value is 93 to 93. The news from 20 India having imparted an improved tone to business. ni The New Three per Cents, are 931 g ; the Re- 20 duced, 931 ; and Bank Stock, 21'7 2171. Exche - 120 t. quer Bills are 4s. to ls. dis. ; do. Bonds (1859), 98 ; 00 and Long Annuities (1885), 17 546 746. 100 20 Foreign Stocks are quiet and .quotations are higher. Turkish 6 per Cents. are 95i I ; Mexican St. 3 per Cents. 19 i ; P eruvian 4 i p er Cents. 76i ; %1:1 Sardinian 5 per Cents., 851; Spanish New De- 20 ferred 26 ; Venezuela 11 per Cents. 291 ; and El Dutch 2i per Cents. 64k. 100 The following are the nominal prices of Foreign rp o Stocks :—Grenada Deferred Bonds, 5 6 ; can, 19i 19/ ; Peruvian 41 per Cents., 75 77 ; ditto 3 per Cants., 51 53 ; Portuguese 3 per Cents., 43 44; Russian 5 per Cents, 105 107 ; do. 4 per Cents., 96 98 ; Spanish 3 per Cents., 41i 42 ; ditto Deferred, 25/ 26. The 'Railway Share Market has been depressed, and the few dealings reported have in most in stances exhibited a decline of about to 1 per cent. on former rates. Caledonian, North-Western, and Midland, receded ss. ; Great Northern, Lan cashire and Yorkshire, North British, Oxford, Worcester, and Wolverhampton, and South- Ealtern, 10s. ; and Brighton and South Western, 15s. ; Great Western, and Manchester, Sheffield, and Lincoln have advanced 10s. The Foreign lines are also at slightly reduced rates. Great Luxem bourg, Lombardo-Venetian, Namur and Liege, and Pernambuco, have declined Os. The Colonial lines are steady. East Indian, Grand Trunk of Canada, and Great Western of Canada, realised about for mer rates. Mines, Banks, and Miscellaneous Shares show little variation in value. The transactions re ported on them being unimportant. [Paid , 20 20 10 Ht. BRITISH FUNDS THIS DAY AT ONE O'CLOCK (From the Official List;) Rusinessdoce. Hultk Stock 8 nor Cant. Reduced Annuities 3 i 3 New :i per Cent. Annuities 9 31 i it Lane Annuities, expire sth .an. IE6O Ditto 30 Years, expire ...Li April, 18C5 l7 5-1 G 7-1 G Co. sots for Ac ,nnt Er heqn. Bills, 24e 331000 'Mu par 4 d Snell Fxcheauer Bonds, 1858,24 per Cent — Ditto, iss 9 PRICES OF FOREIGN FUNDS AT ONE O'CLOCK. Mexican 3 per Cent I9A Ditto Account l9a i a Peruvian Bonds, 4i per Cent — Ditto Account6?_,: 5 Rus s i a n Bonds, 18 22 , E St., per Cont Cent Ditto Small Sardinian Bonds, 5 per Cent. ..... 854 Sp+nish Bonds, 3 per Cent New Deferred, 3 per Cent. ......... 26 Turkish Bonds, 6 per cent ..................... 951 Ditto Account ... . ....................... 9N i Venezuela Bonds, 4i . pe r Cent ............... Ditto Account Dividends on the above payable In London. Dutch Exchange, 2 per Cent,., 12 Guilders 641 4 .., TWO O'II,OCE. 93i i x d Consols for account The keystone of the 13th and last arch of the monu mental bridge over the Macra, commenced by the Sar• dinian Government about a twelvernonth ago,was placed on the 17th. To understand the importance of this event it must be borne in mind that the Macra, though a mere rivulet in summer, is a rapid and powerful torrent in winter, and that, when it was pasgable in that season, travellers had to dismount and be carried over on the backs of men, an operation peculiarly annoying to ladies. Meanwhile the vehicle had to be dragged across by bullocks, the water penetrating into the body of the coach, and all this on the high road to Florence ? At high water all communication used to be interrupted for dal 8, • . SHAWE ra.?....ar.ATS—, This Day.) RA ILWAYS. RAILwATB. Closing Pr'oeb yesterday. 2i 10 Ambg. Nottng. Bost. 0 all B d elf F a a ;t 9t. & n Ballymena 3i all irmng. Wolverh. di Stour Valley t. 100 'rkenhd. Lancsh. & Cheshire Junct 5 all Blackburn 5 all Blyth & Tyne original £25 (iss. at £45) t. 100 Bristol & Exeter t. 100 Caledonian. . .. t. 100 Chester & Holyhead 0 all Cork and Bandon 0 all Cork, Black. & Pass 0 all Cornwall 0 all De. .'1 0 8 Do. B 0 45 Dublin&Belfast Junc 5 all Dun. P. &Aber.Junc t. 100 East Anglian 0 all Eastern Counties t. 'lOO EasternUnion,A.stk. t. 100 IDo., do. B. 5 8i IDo. New A 5 176,East Kent .... ..... 1. 100 East Lancashiro 0 all 'East Suffolk 0 4j Do. It. 100 'Edinburgh & Glasgow 0 all ,Edinb. and Peebles... t. 100 Edinb.Prth. &Dundee I 0 all tForthand Clyde June. t. 'lOO 'Furness .. t. 100 Glasgow &S. Western 0 all Great N. of Scotland t. 100 ',Great Northern ...... 1. 100 Do., A. Stock 1 1 . 100 ,Gt. Bth. &West. (Ire) t. 100 IGreatWastera. 100 Do. Str.V.R, gna.St .! all Irish South-Eastern. ' all Lancaster & Carlisle. 1,14 i Do., Thirds if 12 Do. New Thirds „ p 100 Lancash. &Yorkshii j 6 Do., do. F £l6 1 I 1 Do., Wst. Riding Jr all Do. Southport. ' i all London & Blackwall 100 Loud. Bright. &S. Cat. 100 London &N. Western all Do. Fifths all D0.,10/.5h.,M&8...0 i 5 Do. Eighths 100 London & S.Weatern all Lndnclrry.&Coleraine all Lndndrry. & Ennisk. ICO Manch. Shef. &Lincln. 1 1 Metropolitan 1 Do. J. L. Ricardo's arrangement 100 Midland . ......... 100 Do. Birming. & Dort)) all Midland G.West.(lr.) all Do. i Shares all Newcastle & Carlisle all Newpt.Aberg.&Hrfd 9 Newry & Enniskillen all Newry, Warrenpoint & Rostrevor 100 N0rf01k......... 3i Northn. Counties Un 100 North British 100 North Devon, Rail. & Dock Stock ...... 100 Do., A Stock 100 Do., B Stock 100 N. Eastern —Berwick all Do. do. Extension 164 Do do. G.N.E.Purch. all Do. Leeds 100 Do. York 1.00 North London 31.1 N. &S. Wstn., Hamp stead, and City Jn 17 . North Staffordshire all North Western.. all N. &S. Westrn. June 100 Oxford Worcester & Wolverhampton 16 ! Portsmouth 10 Rhymney 100 Scottish Central ....,. 100 Scot. N.E.Abrdn. St 100 Shropshire Union . 6 Sitingbourne &Sheer. 100 South Devon ICO ISouth Eastern all I Do. 4i per:. Shares 100 'South Wale all , S. Yorksh. River Dun 10 D 0......... ........... ... all Staiues,Wok.,&Wok. all Stockton & Darling.. 15 Do. do., 1854 5 Do. do., 185 16iStockton & Hartlepl 100 Taff Vale... 100 Do. Prof., No. 1 22 Thames Hay. D. &R all Vale of Neath.... all 'Waterfd. & Kilkenny all I Waterford&Limerick all I West Cornwall all ,West End of London and Crystal Palace all I Do. A all Do. B all West London all Do. First Class all Do. Second Class all Wmbledon&Croydon 4i - Fi 8 - 81. 68 - 70 .• 91 - 83 - 88 81 - 82 33 - 35 7 - 9 ..• •• 4 - • 8 - 8 181 -18 i 57 - 58 40 - 41 30 - 31 17 - 18 91 - 93 -. ... '6 : a g - 29 ''''' ••• 89 - 91 91. -10 i 9tii - 974 80 - 82 !22 - 123 95 - 91 54} -54 i 58 - 62 75 - 78 7i - Bip - 931 - 91 -6 10.5 - 106 961 - 96 rd i e 934 94ii ... ..... .0 39 - B 83 • •.• 63 - 64 ••• - ••• 12 - 13 59 - 61 3i - 34(1 493 - 503, --- 9.6 2/ 51/ - 62 83 - 84 90 - 93 8 - 9 3i - . - ... 8 - 9 31. 32 10 Sd 104 /06 23 24 46 48 4 3 d 33 35 68 69} 784 —79 A 12 14 d 8 6d 9 - 11 35 - 37 19 - 20, 7 - 9 3 - - 6 Business dons this day. SI SI 87 21 81i2 Si 34 11 181 58i 254 all 5 i all 2i all 3t. 100 0 all 2 all all 5 all it. 100 50 Si I 21 BRITISH POSSESSIONS, all Atian. and St. Law. 9 Bombay, Baroda, and Cen.lnd,guar. 5 p. c all 18 Buffalo & Lake llur 6l 100 ; Buil: ' Brnt.& Godch 1 ••• . 100 6 p.c.bds., 1 Aug.,'7273 '• Do. do., 1 July, '1 100 Do. do., 1 June '74' 2s. Calcutta and S. East.l 2s6d Central Oude (Lim.) 10s Ceylon A shares 1 Do. B. do all Demerara. 2s. Eastern Bengal 100 East Indian 15 Do. C Shares all Do.4i p.c.Bnds. ' '57 all Do. do. do., '59, do. all Geelong & Melbourne; guar. 5 per cent.... 100 Gd. Trunk. of Canada' all Do. 6p. c. Deben all Pt In. Pen. g. 5 per c: 1 4 IDo. New. guar. 5 p.c.l all 'Gt. Westn. of Canada 10.' 2 Do. New all IDo. Bds., payable '57 all iDo. do., '76, p. '6O all Do. do., '73, do.. all Do, do., '73, without option all ;Madras, guar. 4. p.c all Do. do., 5 per c. 10 I Do. 4i p. c. Exten. 5 Do. 3d Ex., g. sp.c. 5 I Do. 4th Ex., do. ss. 'Oude (Limited) 5 Scindo, guar. 5 per c, all Do - I ii = lap - 1 109 - 110 13pi 95i i I Si si si 831 521 si 18,— 19' 43 45 El $6 1 2 i 6 —21 j p' 19 194, 11 1 zdi 14 I 1! 1! 3o I i 23i Si 474 I Si 11 i d I 11 19& I i 44. 5 83 3 21i 103 - 108 ;103 - 108 jOO - 102 18i - 21 - 24 - 1 , 1 - 111 i 194 i 111 i i - 2P~ FOREIGN. MINES. RAILWAYS. Buckghamsh. ' Clydesdale Jc. ' Col.Stour Vy. . IE. Li n. g. 6 p.c 'E. - On. H. Sh. Glas.' Barr. & Neils. Direct. Do. New Glstr.&Dn.Fr hull & Selby Do. Shares Do. Shares Lon. &Greenw 'Do.Preference Lon. Til., &S. Do. Bark. Sh. Manch.Bxton. and Matlock NUN. Bradfd. Newmarket BuryE.G.spc. N. di p.c. Do. 6 per ct Do.Fisedsp.c Prest. & Wyre Do. Shrs.. Roystn.& Hit. Shrews.& Her S. Statiordsh WearVal.g6pc Do Wilts&Somrst PREFEREM [0 ' all !O 18 9 18 It. 1100 it. 100 it. 100 it. 100 8 all LO all 0 all it. 100 ;V all .3i all it. 100 it. 100 ;t. 100 it. 100 it. 100 it. 100 .0 all all it. 100 it. 100 it. 100 it. 1.00 7 3i it. 100 L 7 _Bi ;0 13 21 9 ;5 10 O all t. 100 St. 100 St. 100 8~ all St. 100 St. 100 St. 100 25 all 10 all L 0.6 all ;t. 100 ;t. 100 ;t. 100 ;t. 100 ;t. 100 0 all 5 all 5 19 it. 100 :0 14 .. 20 271 16'6 1113 6/151 5 4i LO 9 40 1256 it 'tE Blyth and Tyne 10 p. c.pref. (issd.at 504) Brig. p. c. St. Do. 4 per c. Shares.. Caledn. £lO 4} p. c. Ches. & Ho. 5A p. c. Do. do. 5 per cent... Cork &BandonsAp.c. IDun.Perth.&Aber.J. E. Anglian Cls. A Sh. Do. do. Cls. B 6p. c. Do. do. Cls. C 7 p. c. Eas.Co.Ex,sp.eNo.l Do. No. 2 Do. New 6 pr. c. St East Un., G. 6 p. c Do. 51., 10 per cent Do. 101. Debentr.Sh Do, do. 4 per cent East Lane ash. 6 p.ets E.&W. York. J. sths Edin.& Gl. sp. c. Sh. Ed.Prth.&Dun.4p.c. Furness, 5 p. e Glas. & 5.W.G.5 p.c Great Northn. 5 p.c Do. 5 p. c. Redeem at 10 p. c. prem Do. 4i per cent Do. 5 p.c., Red. at 5 p. c. prom. Gt.N. of Scot.lst Pre Gt. S & W. (Ireland) Do. 4 per c. Pref. St. Gt.W.(B.&II.Ex.Spc Do. con. red. 44 p.c. Do. con. red. 4 p. c. Do. irred. 4 per sent. Do 5 p. c. red. pref. Do. Birm. Pref. Sh Do. Chester Bp. c. P. S Do. do. 5 p. c. do Do. Birm. Gua. Stk Do. Chesh. Gua. Sh Do. do. do Do. do. do Lan. & York. 6 pc. St Lon. &B. G. 5 pc. No. 1 Do. ,P., 5 p.c.St.No.2 Do. Now Guar. 6p. c. Do. do. 5 p. c., No. 4 Lon. di N. W., Coy. di Nuneaton 5 r . Lon. & S.W. 7 perct. late 3d Shares Londy.& Color. Sh Loudy.&Ennis. Sh 11., 5.,&14. 6 p. Cent Do. do. do. £6 Do. do. 31 per cent. Nlarypt. a Carl. 4 p. c. Do. 4i per cent Do. do Aid. Congo]. 6p. c. S' Do. Con. Br. Bir. 6 p.c. Do. 4 p. c. Pref. St. Do. L. &11. Pref. St. New., Aber., &c., pr. 5 p. c. red. 5 p. c. pm. Do. Perpet. 6 pr. et. Norf k. Deb. 4 p.c. Sh. Do. 5 p. c. Ext. 1846 Do. 5i p.c. pf , 1847 Do.Wv.V.sp. 1.,1847 North British Do. 71. Preference N. E. Berw. 4 p. c.Prf. Do. do. do Do. Leeds 6 pc. N - o. 1 Do. do. Qrs., 1848 Do. York 11. dr S. Pur North Staffordshire Ox., Wor. & Wolv. 6 p.c. Ist guar. Do. p.c., c. 2d guar._ Do. do. Debeutr. St. Scot. Ceut.New Pre% Sc.N.E.Aber.g.6p.c. Do. do. 7 p.c. pf. St. Do. do.3A p.c. pf. St South Devon Do. fixed 46 pr eent 1 S. Eastern (Reading Ann.) of £1 Os. 6d.1 Do. 44 per cent Do. Fixed 4. p.c. Sh Do. New 4i pr. cent S. Wales Gua. 4 p. c Do, do. 4i p. c S.Yorksh.4 p.c.Guar Stock. &Dar., sp. c Do. do. do. Waterfd& Kilk. 6 pc BRITISH Alfred Cons. (Philk.) British Iron Condurow (Cambrn.) Dev. Gt. Cnsls. (Tay.) East Basset (Illogan) Great South Tolgus G rt. W. Alfrd.(Philk. ) Grt.W. Vor (lielstn.) Lady Bertha N. Frances (Illogan) N.W.Basset (Illogan) North Wheal Crofty Par. Cons. (St. Blaxy) Porkellis U. (Wend.), Sort. Cons. Min. Co. l S. Caradon (St. Cleer) S. Cam Brea (Illogn.) S. W. Franees(lllogn. ) Taus. S. & L. Min. Co Tin Croft tJu.Mines (Gwennap) i V. of Towey (Carnal%) W. Basset (Illogan) \V. Caradon (Liskrd ) Wh. Basset (Illogan) Wh. Buller (Rdr uth ). Wh. Ed ward(Calstek: Wh. Kitty (U. Llaut Wh. Ma. Ann (Menht. Wh. Trelawney (Lis. 90 - 9 2 93 - 95 12 - 14 128 - 132 n - 4 ••• ''''' - 106 12 - 13 23 - 24 91 - 93 1 - 89 - 9 1 par i p 54 56 r l2B - 131 7 - 8 81 - 91 82 - 841 !E SHARES. ••• -- ••• 89 - 91 oi 6i. 6 - 6i 105 - 110 106 - 112 105 - 108 1103 - 106 1121 - 124 65 1= Ci di 1 - - d 6 105 - 107 97 - 99 60 - 62 91 - 104 6i -- 6 86 -- 88 81 -- 83 81 -- 83 93 -- 95 9 -- 91 15a -- 9 -- 9} 67 -- 60 17 -- 18 86 -- 9 131 -- 13; 132 - 137 112 - 115 150 - 155 114 - 117 $ - iP 6'2 - 65 130 - 131 95 - 97 85 - 87 ••• - ••• 10 - 11 111 - 103 93 - 95 li - i _ II - ii 216 - 22, 110 - 112 1101 - 103 107 - 109 1.01 - 103 63 - 72 9i 10. 22 - 221 94 - 96 1 93 - 95 1051 66i 7 FOREIGN - --.............• 10 all Antwrpla Rotterdam 6/ ...• —6/ 6. i 20 74 'Australian 20 18 Ardennes — 1 10s. Bon Accord Cop. (li.) ,}d --par ... 5 all Belgian East. Junct. ••• 1 —1/ 35 27 Brazilianlmp.(issued 20 16 Beziers to Graissessac ... ... at £5 pm) 6 all Carmeaux& Toulouse 30 all Do. Cocaes di Cuiada ... ... Coal Mines and Ry. 3i .4 20 15 Do. St. John Del Rey 10 --11 101 20 12 !Dutch Rhenish . Co. of Jamaica...... ... ...d 20 all Eastern of France .. 20 all Do. Now 20 2s, Euphrates Valley ... ... -- ••• ... 1 all Dun /Jo antain Cap. 20 18 Gt. Central of France ... ... 20 all Great Luxembou r g... 7 — 7 1 74 i k per Mining Co. 10 4 Italian Junction 2 all Fortuna— id i 20 all Lake Const. & Bale a ... 20 all General 20 all Lierre and Turnhout ...d 3 all Linares - 8a 20 6 Lombardo-Venetian 41 5 p 11/ 11 5 14 Lusitanian 5 all Lucca do Pist.sp.c.p. ... .. 1 all Mariquita 20 all Lyons and Geneva ... 26 27 1 all New Granada 1 i 20 all Lyons & Mediterran. ... ... 1 all Novcau Monde 33/ all Maria Antonia 10 all Do. Now ••• - ••• 5 1 Port Philip ... ... 20 all Namur &Liege - —BlBi 8 30 164 Santiago de Cuba ... 1 1 2 20 all Do: do. 6p. c. Pref l9l 20 19/ 28/ all United Mexican 3l 44 16 all Northern of Franc e .. 374 38 10 all NorwegianTruk.Fref 8 9 MISCELLANEOUS. 20 all Paris and Lyons ...... 34 341 20 all Paris and Orleans .... 52 -- 54 1000 900 Atlantic Tel. (Lim.) I ... ... 20 7 'Recife do San Fran., 25 19 'Australian Agricult. 24 26 (Pernam.) g. 7p. c. par —. / p 94 4 i 10 all lAustraln. Royal Mail ... ... 10 all Berlin WaterWorke . 4 5 10 71 Roma and Frascati.. ... .... r : , 20 all Royal Danish ........ . 131 iaa 10 2 Do. New isa. at 5/. a ... ... 5 all Royal Swedish ........ i ll% i 50 40 Brit. American Land 30 —35 100 324 Canada 20 all Sambre and Meuse... 7 --- 71' 71 1 110 115 114 10 all Do. 54 per cent. pref. 7 8 St. 100 Do.Go.6pc.Jan&July 1101 111 1104 11 20 all Southern of France.. 21i St. all Copper Min. of Eng. 27 32 22 22 1/ 84 all West Flanders 44 `-• 5 44 25 all Do. Prof. 7a p. cent. 23 25 10 all Do. 51 per c. Prof 20 all WaStN.W. of France 266 -- 274 5 all Do. Preference 4/ 1 4 11 a 4 all Crystal Pal. of France ... 20 6 Western of Austria... ... ••• 20 all I W iest of Switzerland ... --- ••• 20 all Eastern Steam .„ ::' 6 all Wiesladen St. 100 Electric Telegraph ... 102 105 6 all I Do. Bp. cent. pref. ... '—* ••• 1 all ;Electric Tel. of Irel. ... _ ... 20 all ' Zealand 5 all 'En.&Aust.Cop.SmCo 11 la 10 los.' Eur. & Ind.Jctn. Tel. . ._9 all lEur.&Arn•Stin.(lim.) 41 4 JOINT-STOCK BANKS. 20 all Gen. Ir.Sc.Col.(lim.) ... .. I 40 all Australasia 79 81 15 L 4 Gen. Steam Navigat. . . , • 125 181 Bank of Egypt 100 50 Bank of London 4O —45 4 all Loud. Gen. Omnibus 31 —33 40 all Bri. Col. Bk.& Ln. Co ... a. 20 10 ,Magdalena St. Navig. ... a . 50 all 'British N. American ... ... 10 all Mecliteran. Elec. Tel. ... ... 20 8 C.Bk.of Ind.Au.drea ... ...d 10 8a ;Do. Extension Teleg. ... ... 00 50 City 56 60 10 all Mexican&S.Americn ... ... 100 25 Colonial ••• .00 20 !Commercial of Lond. ... . . 20/ 10 6 !Netherlands Land.... 31 20 all lEng.Scot. drAus.th it. 18 I ' Bl 10 all Do. Do. . 2l 3 20 all Lon. Ch. Bk.of A as.t. 174 181 5 all Do.B p.c.Pf. iss. at Id. 24 3 20 all Ditto Now 5 2 Do. Do. • 16 1 d 50 20 London and County ~ .„ 100 80 Now B. &N. S. Land 16 18 50 Lnd .drE.Bukng•Corp ... a . St. 100 N.S.W. Gov. s p.c.D. . . ... 951 50 10 London joint St ock. ... ... 281 1 all N. B. Australasian... .4 ,00 20 Lond.andWestininsta a . a. 20 all Nrth.ofEuropoSteam ... a. oo 35 National Pro. of Eng. ..„ ... 1 all Oriental Gas 20 10 Do. Now 1 10s. Do New Shares 3d —ip 50 22A National Bank 20 all- New South Wales ... 50 all Peuinsular & Oriental 72 74 73 25 all Oriental Bank Corp 32 34, 33 i 5 0 10 Do. New . 20 20 Ottoman Bank ...... 171 —lB 18/ 418 50 all Rhymuey Iron 100 60 ltoyal Mail Steam 5l 56 130 10 1 all Scot. Austral. Invest l/ 11 ' Im Go. ... ... 2 1 ;DPl.o•o.aNiaecwa.l..o.f. .......... ....... ...... --__ ... 5 1 R.AuS.B..aG. • St. 100 S. Aus. Gov. 6 p.c.bds. ... ... 25 all South Australia...... 33 35 25 all South Austral. Land 33 35 25 all Union of Aust ralia... 50 52 504 1 all Submarine Tel. Scrip 1 1 all Do. Registered 24 Do. Now ............... ... --' 224 20 5 Trus.Ln.Co. Up. Can. . 2 . -- ... to 10 Union of London.... ... •••••• - 3 .4 0 50 Unit y Mutual ......... ... ...d 100 284 Van Dioroou'a Laud 1 9 --. 11 .. .1 • 100 o WootruDk of Loud ~, = md . MINES. 12 -- 13 5 -- 7 100 -- 110 420 -- 440 90 -- 100 131 -14 i 4 - 5 -- 1 - 1 8 - 9 111 - 121 4 - 5 17 - 19 4 - 5 1i - 340 - 350 3 - 4A 220 - 230 - 1 3 - 4 - 1 21 - 22 100 - 110 145 - 155 280 - 290 - 7i 14 - 16 45 - 48 23 - 25 Business this day 96i 5i 22i 2 111 46 5f 92i I 50 Paid', It. 100 it. 100 5 all it. 100 5 all it. PO It. : 100 :5 all 0 all 5 all .2i all 4 , all all It. 100 .0 94 bi. all ;t.!100 611 51 29/ 125 SI 90i 21 sl 974 7 SI 81 2 Si 5 1 i 1 $ I s 931 1 I si I 21 105 I 961 76i 1 81.1 94 31 I SS 39i I s Leasing ICompanies. Ln. &N. W. Caledon... E.U.drE.O Gt.Northn E. Count. Caldonian. Gt. Westn. I% & N.M. Do Do S. Eastern. Do . Peto &Co Do Ln. &N. W. & Midid. Midland... E. Count Do 'Do 'Do 1 11 89 8i a 21 63 21 IL. N. W 1 Do Gt.Nort 1 T. Brassey M. MCloan Stk4Dar Do Gt.Wostn LINES LEASED AT FIXED itENTALS. Closing Prices yesterday EAST INDIA HOUSE• MEETING THIS DAY. The quarterly general court of proprietors was held at the India House, Leadenhall-street, this day, at 12 o'clock, for the purpose of submitting for confirmation the resolution of the general court on Dec. 16, approv ing the resolution of the Court of Directors of the 2d inst., granting to Major-General Sir Archdale Wilson, Bart., K.C.8., an annuity of 1,0001, and to Lady Neill, widow of the late Brigadier-General Neill, and to Mrs. Nicholson, the mother of the late Brigadier-General Nicholson, special pensions of 5001. per annum re spectively, in addition to the allowances they are entitled under the regulations. Mr. R. D. MANGLES, chairman of the Court of Directors, presided. The meeting of the last Court having been confirmed, The CHAIRMAN announced that the dividend warrants for the half-year would be ready on the 6th of February. A PROPRIETOR said he wished to know, previous to the resolutions being carried, whether any steps bad been taken to meet the contingency of General Sir A. Wilson's death. The CHAIRMAN said the business of the Court was confined to confirming the resolution of the previous Court or not—no alteration can be made in the terms of the resolution. The resolution was then formally put to the Court. Mr. LEWIN said he did not approve of the sums mentioned ; on the contrary, he thought tha sums totally inadequate. With respect to the annuity of 5001. which it was proposed to give to Lady Neill, he thought it was much too small to enable her to maintain her proper position. The Government bad conferred upon her all the nominal honours of a K.C.E., but he thought she would be better without that mark of dis tinction. Everybody knew who General Neill was — (hear)—and therefore there was no necessity, for the purpose of perpetuating his memory, of conferring an empty title upon his widow. (Hear.) He thought that the annuity ought to be 7501. The hon. proprietor was then about to enter into the question of the employment of steam vessels in the conveyance of troops to India, wnen A PROPRIBToIt rose to order. He submitted that the hon. proprietor was out of order. Mr. LEwIN said he had no wish to be irregular. He would presently move his resolution as a substantive motion. The CIIIIIIMAN then put the resolution, which was carried. Mr. JONES then rose for the purpose of moving the following resolution, viz. :—" That it is due to the advancing intelligence of the people of India that a deputy from each university in the several Presidencies be maintained at the public expense in this country, with a view to inform the proprietors as to the wishes and complaints of the people of India." He commenced by complaining of the manner in which he had been treated at the last court, when he brought for ward his resolution, namely, counting him out. There was another circurestance much to be regretted—that was the small attendance that day. Such an attendance would almost justify the threat that had been held out, that the Government would, in a short time, entirely abolish the corporation. He contended that the best judges of the wants and ne cessities of the natives of India were the Court of Direc tors, (Hear, hear.) The chairman bad stated that the present mutiny was but a sepoy rebellion. Against such an opinion he would place the opinion of Dr, Duff. He was not of that opinion. The sepoys had been inflamed by the natives of India, and the mutiny was the result of the discontent that pervaded the entire Indian population. The law of inheritance was a great source of discontent, and he was fortified in his opinion by a passage which he found yin a work published by a Hindoo society, which stated tbat if the present course of interfering with the religious opinions of the natives was pursued, they would have at least 80,000,000 of discontented subjects. (Hear, hear.) The hon. proprietor then referred to the opinion of the Hindoo with respect to the possession of property which they believed necessary to their future salvation. He next referred to the policy of Lord Dalhousie, which he characterised as reckless, obstinate, and tyrannical ; the violation of treaties, and the robbing of the native princes of India, had led to the present unfortunate affairs. The CHAIRMAN here announced that ho had just received intelligence from India. The note he held in his hand was as follows :—" The Government ha s received intelligence stating that Lucknow has been relieved." The announcement was received with loud cheers. Mr. JONES then proceeded with his speech, and con• eluded by observing that the mildest way in which the difficulties of India could be met, was by adopting the plan laid down by his resolution. Mr. LEWIN seconded the motion of Mr. Jones. We shall give the conelusion in our last edition. LAW INTELLIGENCE.-- his Day.) COURT OF BANKRUPTCY. (Before Mr. Commissioner Goulburn.) RN C. U. WHITE —SERIOUS CHARGE, AND WARRANT TOR TII6 •PPRSIIENSION OF A SOLICITOR. The bankrupt was a glass and china dealer, and some time before his b an k ruptcy i t was a lleged that he placed in the hands of M r . M ac k ey , a solicitor at Southampton , the sum of 701., and, after repeated applications, Mr. Mackey has only handed over to the assignees under the bankruptcy 201. The result was they had been compelled to summon Mr. Mackey for payment of the other 50/. Mr. Beard, from the office of Mr. Buchanan, said the utmost exertion■ had been made to get the balance before summoning Mr. Mackey, and although the sum' mons had been personally served, he did not attend, and he now asked that a warrant should be issued for his apprehension. He was willing it should stand over for a short time to enable Mr. Mackey to explain his con duct. The Commissioner granted the warrant, on the under. standing that it should not be executed for three days. The question of costs was reserved. RE C. ItIDDLETON-A GOOD ESTATE. This was a choice of assignees. The bankrupt was a builder, of Poplar. The debts are about 1,5301., and assets sufficient to pay 20s. in the pound. Mr. T. J. Stubbs appeared as solicitor to the petition, and on his application assignee 3 were chosen. POLICE INTELLIGENCE.—(This Day. WESTMINSTER. -- CONTINUED CRUELT! TO A WIFE.—A very respect able middle-aged woman, accompanied by her daughter, entreated the magistrate's assistance, under the follow ing circumstances : She stated that after having submitted to a series of ill-treatment from her husband for years, she felt com pelled, a fortnight ago, to come to this court and seek the protection of the law. A warrant was issued against him, upon which he was apprehended, but on his enter ing into an agreement to allow her a small sum of money towards her maintenance, and to keep entirely away from her, she consented to withdraw the charge, and he was liberated upon entering into his own recognizance to keep the peace, which he had, however, since broken by assaulting her last night. Mr. Paynter—Are you living together again ? Applicant—No, sir. Mr. Paynter —Then did he meet you casually and assault you ? s Applicant—No, sir; he comes to my houseand annoys me in every possible way. It is not only the assault I complain of, but his thr eats are of t he mos t f ear f u l description. Mr. Paynter—Then you go in great bodily fear : is that so I _ _ Applicant---In the greatest fear that a person can possibly go in. lam end eavour i ng t o s upport myself ; and two children by needle-w or k and his violence and threats have such an influence Over m y mind that I am unable to work for a length of time after I hear a knock at the door, so fearful am I th at i t may b e him. Mr. Paynter—l will grant y ou a warra nt against him. .........—..... MARLBpROUGH.STREET. A. CAPTAIN OF AIiTILLERY ON THE &BEL—Captain Benjamin Bathurst, of the Royal Artillery, at present residing at No. 86, Great Portland-street, with Ellen Deere and Sarah White two women of the town , were b ro ught before Mr. Beado n , c h arge d w ith being drunk and disorderly at an early h our thi s m orning in Union street, Bond-street. , Morris, 173 C, stated that about 20 minutes to two this morning be was on duty in Bond-street, when his a tt en tion was attracted to a great noise of shouting, which appeared to proceed f rom - Union-street. On g oin g to the spot he saw the male d e f en d an t a nd the females, who were jumping and danci ng a b ou t the centre of the s t r eet surrounded by a c'lnb of th e worst of characters , who were bawling out and urging them on at the top of their voices. He tried t o d isperse them , but without effect, as the Captain swore he would have his spree out. Another constable after came u and after a dea l of trouble the defendants were l o d ge d in the station-hoiase. The gallant Captain protest e d aga i n st the right of the policeman interfering with hi m or hi s amusement , , and contended that as long as h e cou ld w alk upright he could not be called drunk. , p Mr. Beadon said the defendant's conduct was unbe coming a gentleman, and a disgrace to the corps he belonged to. He considered th e c h arg e fully proved, and should fine him and his companions ss. each for being drunk. NAVAL AND MILITARY INTELLIGENCE. The European, and Australian, and Royal West i Indian Mail Company's steamship Australasia, Captain Sceales, embarked the head-quarters of the 68th Regiment at Portsmouth Dockyatd yes terday for India. They comprised 21 officers and 450 rank and file. The officers were Col. H. Smyth, C. 8., commanding ; Major H. H. Greer, Captains J. Cassidy, H. W. J. Trent, C. C. Fitzroy, and H. Vaughan ; Lieuts. A. H. Tucker, E. Deshon, E. P. Ethelstan, J. H. C. Seymour, T. R. Clarkson, C. E. Beaty-Pownall, and G. F. Wilkinson ; Ensigns Wm. A. Kay, E. Harrison, L. Bolden, and R. C. Craig, V.C. ; Adjutant C. Covey, Quartermaster T. Tunics, Surgeon T. C. O'Leary, M. 8., and Assis tant-Surgeon 0. Applin. The Australasia is a mon ster of a steamer, but her space seems sadly misap propriated ; what with bunks, cabins, and saloous, 450 troops seem to choke her internal capacity, and her consumption of coals, reported as about 120 or 130 tons a day, appears ruinous without an equiva lent in the matter of speed. She drew 24 feet 9 inches forward and 23 aft on her going into Ports month harbour, rendering her pilotage a test of the skill and nerve of the pilot (Mr. Richards), as there were barely 6 inches of water between her keel and the bar of the harbour, the wind blowing a gale. On her going out again yesterday she was some what circumstanced, but better trimmed, the wind blowing nearly a gale from the S.W. Neverthe less, she was capitally navigated, and her troops loudly cheered on their route to Spithead, which they will leave to-day, weather permitting. The following detachments of regiments are under orders to embark at Portsmouth in the Cospatrick for Cape of Good Hope:-2d Foot, 2 officers and 50 men ; 6th Foot, 1 officer and 98 men; 45 h, 48 men; 60th (2d bat.), 5 officers and 68 men ; 73d, 2 officers and 59 men ; 80th, 1 officer and 72 men ; 85th, 1 officer and 55 men ; also a number of soldiers' wives and children. The following are else ordered to em bark at Portsmouth in the Sir George Pollock for the West Indies:-41st Foot, 1 officer and 131 men; 49th, 1 officer and 124 men. On Monday night an order was received at Chat ham garrison countermanding the order for the embarkation yesterday of the reinforcements for the 18th Royal Irish, 51st L. 1., 83d, 86th, and 98th Regiments on board the Salamanca, for Bom bay and Kurrachee, and it is uncertain what day they will leave Chatham. Yesterday an occurrence took place at Chatham which caused much excitement among the rein forcements under orders to embark for India in the Salamanca. On Col. W. H. Eden, the comman dant of Chatham garrison, inspecting the Indian reinforcements on Monday, he put the usual ques tion to the troops as to whether any man had a com plaint to make. Two sergeants of the 51st L.I. immediately stepped to the front and informed the commandant that the troops of that depot under orders for embarkation had been each made to pay the sum of 2/. 2s. Gd. for his sea-kit, when the same contractor was only !charging the sum of 1/. 17s. 11d. to other depots about to embark in the same vessel. This the non-commissioned officers and men looked open as a great grievance, especially as they were required to pay for their sea-kit themselves. On receiving the complaint Col. Eden immediately summoned the commanding officers of the several depots and inspected the accounts, when the state- I ments of the sergeants were found to be correct. A board of officers was ordered to assemble at Chat ham garrison yesterday to investigate the matter, when it was found that the depot of the 18th Royal Irish had also been overcharged, and also that each man had been overcharged 2s. for tobacco. On re ceipt of the report drawn up by the board, Col. Eden immediately ordered the price of each man's sea-kit to be reduced from 2/. 2s. Gd. to 1/. 16A. 7d. Mr. J. W. Husbands, chief eagineer, R.N., has been appointed to her Majesty's steam-frigate Vul ture, on the Mediterranean station. Her Majes y's steAm.slo Sharpshooter, Lieut. Gibbon, bent sails on Monday at Portsmouth, and received her crew, and yesterday was adjusting her compasses prior to leaving Spithead. The Sealark, 8, and Rolla, 6, Lieuts. Lowther and Nelson, the former employed in training at sea the "novices" of the Illustrious, and the latter the seamen apprentices of the Victory, have been laid up in harbour for the winter. The Alban, 3, steam-vessel, Lieut. the Hon. W. B. de Blaquire, left Portsmouth yesterday for the eastern ports, with supernumerary seamen, &c. The Diadem, 32, straw steam-frigate, Captain W. Moorsem, C. 8., got under weigh yesterday at Spit head, notwithstanding the heavy weather, with the object of again trying her speed, &c. Sir Baldwin Walker, K.C. 8., surveyor of navy; Capt. the Hon. G. F. Hastings,' of the Curacoa, superintendent of the steam reserve at Portsmouth ; Mr. A. Murray, chief engineer of the steam factory at Portsmouth, and other officials were on board: Tho weather prevented any results of importance being ar rived at. The Ardent, 5, paddle-sloop, Commander Cave, was ordered to sail from Portsmouth, yesterday, for the coast of Africa, calling at Plymouth, but had not left at dark last night. The following appointments weremade yesterday at the Admiralty : Lieutenants—M. E. Porter, to the Vesuvius (for dis posal) ; J. M. Stewart, to the Ganges (for disposal). Masters—Valentine G. Roberts, to the Illustrious ; John J. Brown, to the Renown. THE MILITIA. The detachments of the 2d West York Militia, quartered in the old Cambridge Barracks awl the Milldam, joined the head-quarters at Anglesey barracks, Portsea, yesterday, Major General the Hon. Sir J. Y. Scarlett, K.C.8., commanding the forces in the south-west district, will inspect the 2d West York Militia on Southsea-common, this afternoon. The regiment is in good order. It is commanded by Lieut.-Colonel Smith, who com mands her Majesty's 68th Foot. The Fermanagh Militia arrived at Liverpool from Dublin yesterday, and proceeded to the Camp at Aldershot. They appeared a fine body of men, and in marching through the streets of Liverpool their soldierly bearing excited general admiration. MARKET NEWS.—(This Day.) CORN EXCHANGE. To-day's market was very scantily supplied with all kinds of English wheat. Good and fine qualities were disposed of at prices quite equal to Monday ; but low and damp parcels met a heavy inquiry, at late rates. Over 10,000 quarters of foreign wheat have come fresh to hand. Most descriptions moved off slowly, but no change took place in their value. Barley and malt sold slowly ; nevertheless, prices were well supported. The supply of oats was limited, and the oat trade ruled steady, at full quotations. In beans and peas very little was doing, at late rates. Flour moved off heavily, on former terms. ARRIVALS TIM WRER Wheat. 1 Barley. \ Malt. 1,940 1 2,560 3,230 Oats. Flour 800 12,830 English Irish.,, Foreign I 10,590 I 680 910 ' 1 270 sks 1,460 bli WHITECHAPEL. •• ---- - The supplies of meat wero very extensive, and the de mand rulod inactive, as follows:—Beef, from 3s 2d to 4s 8d ; mutton, 3s 4(1 to 4s 8d ; veal, 4s Od to 4s 8d; pork, 3s 6d to 5s 4d per 81bs by the carom.. BOROUGH HOP. The demand for nearly all kinds of hops has become very inactive, and prices are barely supported. LLOYD'S SHIPPING.—(This Day.) LONDON, Doc. 23.—Wind this day at noon, S.W.; moderate breeze and fine. RAMSGATE, Dec. 21.—Wind N.W.—Sailed—Euphro syne, from St. David's for Messina. PORTSMOUTH, Dec. 21.—Wind S.S.W.—Arrived - Her Majesty's steamer Urgent, from Malta. PLYMOUTH, Dec. 21.—Wind S. W.—Arrived — Leading Star, from Rio Grande; Souchang, Scalo Nova; Mariner, Quebec. YARMOUTH, Dec. 21.—Wind from Sierra Leone. Wind W. — Arrived —P ri nce QUEENSTOWN, Dee. 20 . Philip, from New York. GLOUCESTER, Dec. 18.—Wind S.W.—Arrived—Lady Peel, from Quebec. PENRITH ROADS, Dec. 21.—Arrived —Lord Riversdale, from Quebec. SHIELDS, Dec. 21.—Wind W.N.W.—Sailed—Poronto, for Havannah. COWES, Dec. 21.—Wind S.W.—Arrived—Stanislas, from Callao. FALMOUTH, Dee. 21.—Wind W.—Her Majesty's steamer Vulcan, from Plymouth, and left for Queenstown; Voghandel, Manilla. CARDIFF, Dec. 21.—Wind W.—Sailed—Maria Agnes, for Melbourne. (BY ELECTRIC TELEGRAPH.) SOUTHAMPTON, Wednesday Morning, Wind W.; fine. Arrived—Sultan, steamer, from Alexandria. Sailed—Barcelona, steamer, for Spanish ports ; Atalanta, steamer, for Jersey. LIVERPOOL, Wednesday Morning. Wind W. Arrived—lngomar, from New York ; Gudgeon, Prince Edward's Island ; Alice, Tampico ; Tres Adeltia, Galatea; Amelia, Ibrail ; Trei Fratalle, Galatz. Sailed—Taurus, screw steamer, for Trieste. (BY SUBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Wednesday, 9.30 a.m. Wind W. ; tine four hours' ebb ; fine. Arrived, Dec. 23.—Frowena , from Memel ; Rye, from Guernsey. Sailed, Dec. 23.--Triton, steamer, for Boulogne. _ DEAL, Wednesday, 9 3.M. Wind W. by N., moderate. Anchored—Nazarene, and Lady Louisa, from Callao, for London; Photiiu, London, Cardiff. LITERATURE. The Sepoy Revolt. By Henry Mead. Murray. This is a thoughtful and valuable work well de serving of consideration at the present epoch, when so much discussion may be expected, and is now going on, on the subject of the government of our Indian possessions. When all have seen the direful results to which the public indifference on the subject has brought us, when those most pre judiced and most averse to change are forced to ad mit that some alteration is imperative, an works written by those acquainted with the workiz,r „f the present system, in a fair and candid spirit, d• serve attention. The author of the present work is de cidedly opposed to the government of the Company, and gives at length his reasons and argutnen ts. He gives a narrative of the recent disasters, and adds what in his opinion, are the causes and conse quences of the rovolr. Speaking of the Company's rule, he says with truth— The overthrow of the Company's rule has long been felt to be only a question of time. It could not possibly have survived many years longer; but the sepoys have simplified the labours of orators and journalists. The immediate proclamation of the Queen's Government throughout India would be worth 50,000 men, on the side of law and order. Of the princes and nobles who have taken up arms against us, there is not a man but is fully conacious of the overwhelming might of England, and who is not impressed, in the main, with a belief in the desire of the imperial authority to do justice to the people of Hindostan. Only by such a change can we safely temper justice with mercy. An amnesty on the part of the East India Company, how ever narrow in its provisions or distant in date, would be attributed to fear. The fighting class would have no respect for the Government which they had once over turned ; the native capitalists would never forget that, even in Calcutta, the bonds of the public debt had been almost unsaleable at 25 per cent. discount. The trading millions would shrink from embarking their means in ventures beyond the reach of their own supervision and control ; the servants of the state would have no reliance on the permanence of their means of livelihood. Ever in the minds of all men would survive the memory of past events, and the thought that what had been might John be again. He says in another part that it is useless to put the European race in competition with the Hindoo, and say they shall not rule over them. This has been proved again end again; and whatever system was adopted the native superiority of the race would undoubtedly manifest itself. But then the laws should be for all, and . acomprehension of those laws be disseminated among . the people. It is useless to have a code of laws that will redress the wrongs of the weakest if he does not know it, and his oppressor takes care not to inform him. Ou this subject our author observes — Though we may fail to teach the natives the truths of our theology, we may easily acquaint them with the nature of our legislation. Our object should be to pro. tect them against the better knowledge of their own countrymen, who charge upon British authority their own acts of monstrous oppression. We want to see the Hindoo armed by his knowledge against the assaults of power, and made as impervious to an illegal act as the European or East Indian. We cannot teach him Socrates and Shakopee' e ; but we can make him acquainted with the powers of native officials, and instruct him in the method of procuring redress for injustice. We may fail, for some generations to come, in making him a moralist, patriot, or Christian ; but we may convert him into a contented subject ; we can train his selfishness in the right direction, and enable him to curb the exercise of inimical power by showing him the secret of his own. Native reformers, he remarks, if they had the offer of the English constitution would very probably reject it. They would like to pick out the parts that suit them ; they would likea House of Lords of Brah min St, and a House of Commons in proportion, "but if a barber's sou claimed to lead the first, and the child of an apostate was appointed to rule the second, they would forego all the benefits of legis lative authority rather than acknowledge them as superiors. The keystone of British freedom is the equality of all men beneath the law, whereas the principle of Hindooiem is the irreversible subordi nation of classes." From this he draws the inference that the total abolition of caste would be neces sitated by any introduction of the English form of government. His chief recommendations aro in favour of justice and toleration ; that these, indeed, should be the ruling principles of our government of India few will deny. Let no man of our race harbour the foolish thought that the example of the Emperor Julian might well be imitated by our chief ruler in India, or that we can win the affection of the orthodox Ilindoo by hindering the growth of Christianity. From the highest to the lowest, they will gladly tolerate us if we will only consent to tolerate them. They have not sought the life of the missionary or the holdings of the planter. They wish to retain their lands and religion, and believe in their hearts that we intend to deprive them of both by violence. Let us give them assurance to the con trary, and our Sovereign will have no firmer allies than the princes of Ilindostan, no subjects more peaceful than the Brahmin and his followers. He is not slow, however, in condemning toleration and mercy whore they are but other names for weakness and cruelty ; thus he aptly says of the insubordination at Burmah : Naturalists have a story of a horse who once overcame a lion in a single combat, and ever afterwards was un tameable. Luckily for equestrians the fact is unknown to horses in general, but otherwise we might hear of a great many successful mutinies on the part of those use ful quadrupeds. When the 38th Regiment refused to embark for Burmah, and escaped without punishment, the horse overcame the lion, and the lessen has not been forgotten. Government in that case committed the fatal error of omitting to enforce obedience to its mandates, on the ground that the order ought not to have been issued. The sepoy, allowed to choose for himself as to what portion of the commands of his superior shall be obeyed, is naturally led one dey to take a step in advance and refuse to own any maeter ship whatever. A Government can comma no breach of faith to its soldiers so mischievous as that which it com mits to the public when it allows a command to be dis regarded. Had the order to the 38th to go to Burmah never been issued, or never disobeyed, it is not likely that at this moment their lives would be forfeited to j astice. He speaks with the utmost severity of the oppres sions and occasional cruelty of the Indian Govern ment. The mystery and exclusiveness with which it was conducted, added to the great distance from England and its own peculiarly irresponsible nature, have left its officials comparatively free from re straints with which those in situations of far less importance are surrounded at home. It has, in deed, been a despotism that sheltered itself under the shadow of a free government. " Some mon," says the author in conclusion, " find it hard enough to Lear with the existence of an aristocracy, but merit in every quarter of the globe can find au entrance into the ranks of the nobility. It was reserved for a knot of merchants to establ'sh a system of exclusiveness such as the world never saw before, and is not likely to witness again." In another place he speaks with force and just indig nation on the dilatory proceedings of the Govern ment : For twenty-one.weeks, counting from the first receipt of intelligence of the Meerut revolt, the Government of India was on its trial. It was subjected to a strain which tested every joint and searched every flaw, and the result was most disastrous. Not a bolt remained in its place, not a rivet but was started, not an inch of sur face but was found to be decayed and rotten. It dis closed neither the wisdom that could foresee danger nor the strength that could overcome it. If the order of things could have been reversed, and the last acts of the Government made their first, matters would have now worn a very different aspect. They have done all that could be desired, but not at the right times. Volunteers were enrolled, troops massed, enter prises undertaken, and foreign aid enlisted, but all at the wrong seasons. Calcutta was wisely left to the chief care of the civic force and the navy, but not until the rebel fires bad blazed out in a dozen stations, and it was seen that the sepoy army had transferred its allegiance. "Too late !" was inscribed on the banner of the Ghoorkas, when for the second time they turned their faces towards Lucknow ; " too late I" was graven on the lids of the empty chests in the treasury, when a loan was called for, and a second bid was made for the hoards of the capitalist ; "too late I" was shouted by the public when the order was given to disarm the regiments at Dinapore ; "too late I" was shrieked from the well at Cawnpore ; "too late !" was echoed by the breeze that swept over the battlements of Luck now. We saw in those days the story of Sisyphus enacted. The ceaseless striving, and the sure de feat ; the hand constantly striking, but the foe still remaining in front ; the feet always marching, but the goal as far off as ever ; the Sybil's price paid, but the book of fate not forthcoming. It seemed as if a single faculty had swallowed up every other quality of national greatness. Never did English courage shine out so gloriously, never was English want of capacity so thoroughly displayed. We were giants in the field and dwarfs in the council. Our soldiers surpassed in heroism all who had gone before them ; their rulers transcended all previous notions of weakness and imbecility. The author, we must add, has been for ten years "a labourer in the busy field of Indian journalism." He has, therefore, had full oppor tunity of watching and observing the acts of the government, the diameters of the officials, the opinions of European residents, the position of the native population, their feeling towards us, the conduct of the Sepoys, the alternat e sever i ty and undue lenience of the rulers, the discontent and duplicity of the people. All thi s b e en d eavours to familiarise to his reader. He shows the evils committed in the English name ; that justice has dropped her scales and sword, and only keeps her bandage. He shows how treachery has taken ad vantage of both clemency and severity • how the whip and the spur goaded the untamed horse, but the hand was not strong enough to hold the rein. He tells us frankly what he thinks are the errors and what their cure ; and if the reader differs from his conclusions, or his remedies, he at least appro. ciates tho earnestues3 decisiod with which he sets forth his cause. The Intcri.eter ; A Tale of the War. By G. Width Melville, author of "Digby Grand," (15e. Parker and Sor. This very clever and interesting story is by an author, who has alrowly written several w , rks of fiction, and is reprinted from the pagw of Fuser's Afttgaz:lite,. It is a tide of tho star, in which the hero plays a conspieueus part. The public events of the day are cleverly interwoven with the narrative, which possesses much interest of its own. There are a variety of characters introduced of various nations. The hero, Vere Egerton, is an English officer, who assumes the office of rut rpre• ter to Iskender Bey, and he has been from child hood the friend of Victor (le Rohan, a young Hungarian, who plays an impo-taut part in the tale then, there ate numerous sketches of English of and sol hers patiently di iihg their duty in the dreary trenches, or charging at Death ms-lf in the valley of Balaclava. . Repsley, one of these, is also on intimate terms with Sir Henry Beverley, an old family friend of the Ege ton's, and is the means of separating Vere from Constance Beverley, to whom he is deeply att ac h e d. Th e h ero ines are drawn with equal success, and, contrasted with great skill. Constance Beverley is a charming char acter, with deep feelings and high principles, and well worthy of the life-long devotion of Vere Eger ton. The fair Hungarian, Countess Vale ' ie the sister of Victor de Rohm, is:equally captiva'ting' with her high spirit and patriotism, her frank ga i ety and true heart. Rcee, Princesse Vocqsal, is the evil genius of the unfortunate Victor, and the very opposite of these two fair ladies, though she is not altogether without feeling, and time testifies the sincerity of her repentance. Th.re are crowds of minor characters, Russian, Turkish, Hungarian, and English, mingled with true dramatic variety. The following ex.iract is from a description of the charge of the Light Brigade : N.it a child in England a'. this day but knows, as if he had heea there, the immortal battle of Balaclava. It is needless to describe its situation, to dwell upon the position they were ordered to carry, or the fire that rimed in upon front, flanka, ay, and rear, of the at. tacking force. This is all matter of history ; but as the valley stretched beneath us, fresh, green, and smiling peacefully in the sun, it required but little imagination to call up the stirring scene of which it had been the stage. Here was the very ground on which the Light Brigade were drawn up ; every charger quivering with excitement, every eye flashing, every lip compressed with the sense of coming danger. A. staff officer rides up to the leader and communicates an order. There is an instant's pause. Question and reply pass like lightning, and the aide-de-camp points to a dark, grim mass of artillery bristling far away down yonder in the front. Men's hearts stop beating, and many a bold cheek turns pale, for there is more excitement in un certainty than in actual danger. The leader draws his sword, and faces flush, and hearts beat high once more. Clear and sonorous is his voice as he gives the well known word ; gallant and chivalrous his bearing as be takes his place—that place of privilege —im front— ' Noblesse oblige,' and can he be otherwise than gallant and chivalrous and devoted, for is he not a gentleman 7 and yet, to the honour of our c .untrymen he it spoken, not a man of that six hundred, of any rank, but was as gallant and chivalrous and devoted as he—he has said so himself a hundred times. So the word is given, and the squadron leaders take it up, and the Light Brigade advances at a gallop ; and a deadly grasp is on the sword, and the charger feels his rider's energy as he grips him with his keees, and holding him hard by the head urges him resolutely for ward—to death ! An now they cross the hue fire sh it through the heart, an aide-de-camp falls headlong from the saddle, and his loose horse gall ips on, v.ild and masterlee, and io upon the flank, and jains the squads , n once more. It has begun now. Man upon min, hors;.; upon horse, are shot down and r lied over ; yet the survivors close in, stainer, bolder, fi-rcer than before, and still the death-ride sweeps on, " Steady, men—forwari !" shouts a chivalrous squa dron-leader, as he waves his glitt-ring d ab ye his head, and points trwards the foe. Clear and cheerful rings his voice above the tramp of horses end the rattle of small-arms and the deadly roar of artillery. He is a model of beauty, youth, and gallantry—the admired of men, the darling of women, the hope of his house. Do not look again. A round shot has taken man and horse, he is lying rolled up with his charger, a confused and ghastly mass. Forward I the squadron has passed over him, and still the death-ride sweeps on. The gape are awful now, the men told off by threes look in vain for the familiar face at right or left ; every trooper feels that he must depend on himself and the good horse under him, but there is no wavering. Officers begin to have misgivings as to the result, but there is no hesitation. All know they are galloping to de struction, yet not a heart fails, not a rein is turned. Few, very few are they by this time, and still the death ride sweeps on. They disappear in that rolling sul phurous cloud, the portal of another world ; begrimed with smoke, ghastly with wounds, comrade cannot recognise comrade, and officers look wildly round for their men ; but the guns are still before them—the object is not yet attained—the enemy awaits them steadily behind his gabions, and the fire from his batteries is mowing them down like grass. It but one man is left, that one will still press forward : and naw they are on their prey. A tremendous roar of artillery shakes the air. Mingled with the dash of swords and the plunge of horses, oath, prayer, and death-shriek fly to heaven. The baiteries.are reached and carded. The death-tide sweeps over them, and it is time to return. . . . . In two., and threes, and singl e files, the few survivors stagger back to the ground from whence, a few short minutes ago, a gallant band and advanced in ao trim, so orderly, so soldierlike a line. _ . The object has been attained, but at what a sacrifice I Look at yon stalwart trooper sinking on his saddle-bow, sick with his death-hue, his head drooping on his bosom, his sword hanging idly in his paralysed right-hand, his failing charger, wounded and feeble, nobly bearing his master to safety ere he fallelto rise no more. The sol dier's eye brightens for an instant as he hears the cheer of the Reavy Brigade completing the work he has pawned his life to begin. Soon that eye will glaze and close for ever. Men look round for those they knew and loved, and fear to ask for the comrade who is down, stiff and stark, under those dismounted guns and devastated batteries ; horses come galloping in without riders ; here and there a dismounted dragoon crawls feebly back to j - tin the remnants of what wr,s once his squadron, and by degrees the few survivors get together and form t-otnet.iiing like an ordered body once more. It is better net to ()tent them, they are so few, so very few. Weep, E.. gland, for thy chivalry ! mourn and wring thy hands for that disastrous day ; but smile with pride through thy tears, thrill with exultation in thy sorrow, to think of the sons th-u canst boast, of the deeds of arms done by them in that valley before the eyes of g athered nations—of the immortal six hundred—thy children, every man of them, ttat rode the glorious death-ride of Balaclava. From the double interest attaching to the work irom the story itself, and from its skttches of the campaign, it will no doubt be favourably received by the public, and will add to the reputation of its able author. The History of England, from, the Accession of James the Second. By Lord MacAulay. Vol. I. Longman. It is with great satisfaction that we se.. Messrs. Longman commencing a ntw edi •ion of this admi rable work, which will place it within the reach of a large circle. Without entering into discussions on its historic impartiality, there can be but one opinion as to its literary power and its position as a standard work in our literature. It is, therefore, desirable that it should be published in a form at tainable by many readers, and the present edition admirably supplies that deficiency. It is much smaller than its predecessors, and will consequently occupy a larger number of volumes. The present volume just contains the introductory portion, and indeed, might stand by itself as an essay on that time. Beginning, as the reader will remember, with a summary of the history of the English Con stitution, and rapidly tracing the events of the Civil War and the reign of Charles the Second, and describing the state of parties, it ends with the highly interesting comparison between the England of the seventeenth, and the nineteenth century. There is little doubt that this valuable work, in its present commodious form, will be eagerly sought after. The Family Friend for 1857-58. Ward and Look. PI ect-street. This is a most attractive little miscellany for a domestic circle. Tales for the young, receipts for the housewife, statistics for the head of the family, poetry for the romantic, pastime for the schoolboy, the Work-table for the industrious, with au inter minable variety of miscellaneous information, sketches, and paragraphs, leave nothing to be de sired by the most exigeant. It is edited with such judicious care, that nothing is inserted that the most careful guardian of the Young could wish omitted, and it is especially qualified for the amuse ment and entertainment of a domestic hearth. We are glad to find, from the preface, that its success has been commensurate with its merits. having late on th e Mr. G ran t D u ff was returne d en Saturday fur the Elgin bur g h s w i t h out oppos ition, Sir James Weir Hogg prev ious evening retired from the contest in consequence of the ove r w helmin g local influ ence of his opponent. The nomination passed off amidst much interruption, and the crowd was very disoiderly, the needy-elected member and his friends having been rather handled in leaving the hustings. TART PAPERS.—The following parliamen were issued yesterday :—Repo r t o f t h e i,A n L r i roughl y a g g tary paperscommissioners appointed by the Lord Lieutenant of I Ireland, to ascertain the equitable amount to be repaid by the counties in Ireland transferred to other lunatic, asylum districts. Copies of correspondence with the Governor of British Guinea, with reference to the ordi nance passed by the legislature of that colony imposing a registration tax. Copy of a letter by the Secretary of State for the Home Department to Lord Campbell and the Common Law (Judicial Business) Commissioners, on the subject of their report of July. T E 8u - i. 14 Le N 1 E D r 124 V IN G, .7- , • 23, k.../ 1 4 ) fdi_ r 4 r._) 4.