The Sun. — London, England, 1857-12-21 00:00:00

THE SUN, L:OND-O'N, MONDAY EVENING, DECEMBER 21, 1857. fel 0N E Y DlARKiiirri .S.EARE MARKETS--(This Day.) __-00------ LINES LEASED AT FIXED RENTALS. Shr. Paid Itaroverb. ,s,,TD RAlLWAYS. !C o L m e p a as in in ges. Clos t i ta n . g s d P a rl y ces Badness RAILWAYS. COMMERCIAL INTELLIGENCE. Closing Prices Business done --- -1-- ----'-------.•'----- Eau. 'Paid R.A.ll.wArs. this day, this day. St. 100 !Buckghamsh .ILn.&N.W. 90 -92 ____...._____ St. 100 ;Clydesdale Jc.Caledon _ 93 - 95 _-__. -•-•_........ CITY, Two o'CLocx. 25 all ICol.Stour Vy. E.U.diE.O 12 - 14 10 123 ,Arobg. N0.,.,ng. Bost. st. 100 !E•Lin. g. 6 p.c Gt.Northn 128 - 132 Letters from Liverpool report that t he Cotton & Eastn. June-. 5 - 51 51 5 5 all E Un II Sh E. Count. 33 - 4 50 all Belfast & Ballymena 8 - 8 1; Market on Saturday closed firmly, and prices 131 all irmng. Wolverh. & St. 100 IGlas. Barr. &'Caldonian. were a shade higher. The sales amounted to 10,000 .Stour Valley ,6- 71 Neils.Dircct. St. 100 'Do. NeW Do St. 100 irkenhd. Lancsh. di bales. The Railway Share Market manfested a 25 all I Glstr.&Dn.Fr. Gt•Westn. ..• - ... Cheshire Junct...... ... - ... steady appearance, and there was an advance in 25 all Blackburn 9l -91 50 all Hull & Selby. Y. & N.M. 101 - 106 1051 25 all Do. 3 Shares. o quotations in all the leading stocks. 25 all Blyth & Tyne original 121 all Do. 3 Shares. Do £25 (iss. at £45) . ••• - •••I The advices from the manufacturing districts to-121 all Lom&Greenw S. Eastern. 12 - 13 . St. 100 • Exeter.,.... - 86 - 88', ;Bristol & 23 - 24 day mention that very little improvement can be St. 100 Caledonian. Bl3 -828213 23 2 1 20 all Do. Preference Do St. 100 Lou.! Til., diS. Peto &Co 92 - 94 St. 100 Chester & Holyhead 33 •-- 35 34 533 noted in the general state of business. At Leeds 10 9./IDo, Bark. Sh Do 1- g d 50 all Cork and Bandon.... 7 - 9 51 all Manch.Bxton. Ln.&N.W scarcely any transactions hare been entered into 20 all Cork, Black. & Pass. ••• - ••• and Matlock & Midld 2l - 23 either in wools or piece goo ds, and p rices g enerall y 20 all Cornwall • 4 - 6 St. 100 Maid, Bradfd. Midland... 89 - 91 901 10 all De. A - ••• 611 51 Newmarket a downward tendency. At Bradford business had 10 8 Do. B - ... BuryE.G.spc, 'E. Count.. par - 1p almost ceased, the chief occupation of mercantile 50 45 DublindißelfastJune ••• - ...d 50 , all NotEst.s p.c. Do • 54 -56 25 3 all pun. P. diAber.Junc. 8 - 8s men being to discuss the late disasters which have 50 'all Do. 6 per ct.. Do ... ..... ... - ... taken place in the woollen and worsted trades. The East Anglian - 181 183 171 183 20 all Eastern Counties_ _5B-5959 81 1 i 50 all Do. l Fixed sp.c Do •-- ••• 25 all ,Prest. di Wyre L. &N. W ... - ... St 100 EasternUnion,A stk 40 - 44 local wool brokers are doing little or nothing and it is 123, all !Do. 3 Shrs. A ,Do - ••• St. ' 1 00 Do. do. B. • 29 -31 30 St, 1103 IRoystn.dtHit. ,Gt•Northa 128 - 131 extremely difficult to give any reliable quotations. 25 8i Do. 'New A ... - ... 10 all iShrews.& Her IT. Brassey 7 - 8 A very limited trade reported in all descript i o ns of 25 171,East Kent ............ 17 - 18 12 all IS. Staffordsh..lM. MClean 8 1 - 91 St. 100 Tad Lancashire ...... 901 - 911 50 all IWearVal.g6pelStk.&Dar. - - cloths at Manchester. A few forced sales had been 20 all East Suffolk ... .. ••• - ••• 25 all ,Do.. IDo 30 - 51 made by needy holders, and in some instances 10 4 Do. - ... St. 100 :Wilts&SomrstlGlLWestn.l 82 - 84 materially reduced rates were current. India long- St. 100 Edinburgh& Glasgow 60 --62 61 PREFERENCE SHARES. ;0 all Edinb. and Peebles_ ••• - -. cloths and yarns are quite neglected ; and the st. 100 lEdinb.Prth.nDunder 281 - 291 29 81 93 25 a ll Bl y th an d Ty ne 10 P. German shipping houses are almost entirely out o f 0 all 'Forthand ClycleJunc. •..• - •.. c.pref.(isad.at 501.) ... - ••• St. 100 Furness - ••• St. 100 Bris.&Ex.4 p.c. St. 89 - 9i the market. At Halifax the worsted trade St. 100 ,Glasgow in S.Western 85 - 91 893 20 5 Do. 4 per c. Shares.. ... - ..• was very depressed, and wools and yarns 10 all Great N. of Scotland 91 - 103 St. 100 Caledn. £lO 4A p. c. 92 - 95 943 St. 100 Great Northern 961 - 971 971 8 7 sell in but small quantities, at reduced rates ; St. 100 Ches. & Ho. 5'3 p.c. ... - ... St. 100 Do., A. Stock • • • • • .1:: 81 - 83 813 St. 100 Do. de. 5 per cent... ... -- ..• and at Leicester the hosiery trade is very flat, there st. 100 IDo. B. Stock l2l - 123 St. 100 Gt. 4th.&West.(lre) 97 - 99 ,98 63 all Cork&Bandonslp.c. ... - •.. being little or nothing doing in any branch of business. -.e 4 33 6/ all Dun.Perth.&Aber.J. 6-• 63 St. 100 !Grea,, Western. 531 - 54 n 33 a 4; -. St. 100 E. Anglian Cls. A Sh. ... - - Continued inactivity is still the characteristic St. 1® IDo. Str.V.R. gu • a •• • • gt 58 - 62 St. 100 Do. do. Cis. B Op. c. 105 - 110 feature in all branches of our trade, and merchants, 12 all Irish South-Eastern. ••• - ••• St. 1100 Do. do. Cls. C7P. c. 106 - 112 5C all Lancaster &Carlisle 74 - 78 St. il,OO Eas • Co • Ex,sp.cNo.l 105 - 108 brokers, manufacturers, &c., are patiently awaiting 161 T h irds - 8p 'Lupo., St. 100 Do. No. 2 lO3 - 106 105 the improvement which sooner or later must be 16i 12 Do. New Thirds _ 71 - 83; 221 5,,. 100 Do. New I' pr. c. St 120 - 123 experienced. That the Bank rate of 10 per cent. St. 100 i Lancash. &Yorkshire 931 - 943 94; 33 43 3_ 1 20 all East Un.. G. 6p. c ... - ... 16 6 'Do do• F 116 ... i - i cannot be much longer maintained is proved 5 all Do. Si. , 10 per cent. ... - ••• 3 1 Do:, Ws . t. Ricling Un. ••• - ••• 10 all Do. 10. Debentr•Sh. ... - ••• by the increased supply of capital in the 20 all Do. Southport. ... ... ••• - ••• St. all Do. do. 4 per cent ... - ..• hands of the discount firms, who, upon good Ll . 3 l a o lj Lo Lon ud io .B n & 11 B t. l ist ac s k . w cs a t ll . 51 - 6 54 6 St. 100 East Lancash.6p.ctE. ... - ... 105 - 107 1051 63 security, are very willing to make advances St. 100 LondonnbrgN.'Westeri, 963 - 97 963 7 6.# 761 10 1 IltiTal •J CT :: :: 20 all Do. Fifths at 9 per cent., and the difference between the ••• - ••• St. 100 Ed.Pii:,ll.&Tau P n . .4o c. 65 - 67 661 10 all D0.,16/.Sh.,Mdzß 0 - - ••• . respective charges is sufficient to deprive the 123' 5 Do. Eighths ld - 3 d 43 St. 100 Furness, sp. c St. 100 Glas. & 5.W.G.5 p,c,l _ - _ Threadneedle-street authorities of the greater part St. 100 London & S.Weatern 943 - 953 94 53 44 i St. 100 G rea t Northn. 5 p.c. •.14 - 116 116 . /.5 all Lndndrry.&Coleraine ... - .. St. t ' 100 Do. at 1 5 0 p i; . c c . . pi• Redeem. preen.,,. .. . . 105 - 107 of their business. A reduction of lor 2 per cent. 25 all Lndndrry. ez Ennisk. •, - ••• 403 403 393 401 is, therefore, held to be certain during the present St. 1100 Isfanch•Shef.&Lincln. 391 - St. 100 Do. 43 per cent - ICO 99 7 week, and by next Thursday the position of their 10 1 Metropolitan 10 1 Do. J. L. Ricardo's p. C. prom. - ~2 603 2 reserve, through the heavy receipts of gold, and arrangement ...... ,•,•,:, - ;‘,•;, ~,,,, ~ 10 all Gt.N.ofScot.lst Prc 93 - 10:, 20 18 Gt. Sdi W. (Ireland) ... - ... the liquidation of securities, will enable them to St. 100 Midland ..... ..... ...... o's,, - " an 9 3 vi 981 St. 100 Do. Birming.& Derlo,r 63 - 64 effect a change. 20 13 Do. 4 pert, Pref. St. ... - ... 50 all Midland G.West.(lr.; ••• - ••• 50 6 Gt.W.(B.&H.Ex.spc 53 - 6 At a meeting of the creditors of Messrs. Rehder 25 all Do. 3 Shares .. ..... .. ••• - ••• St. 109 Do. con. red. 43 p.c. 86 - 88 100 , all Newcastle &Carlisle.. •• • - •• • and Boldemann a statement of accounts was sub- St. 100 Do. con. rod. 4p. c. 80 - 82 25 ' all Newpt.Aberg.diHrfd. 12 - 13 St. 100 Do. irred. 4 per lent. 80 - b 2 813 mitted. The assets, it is expected, will realise 50 9 Newry & Enniskillen ••• - - • St. 100 Do sp. c. red, pref. 93 - 95 about 12s. 6d. in the pound. 20 1 all Newry, Warrenpoint 8 all Do. Birm. Prof. Sb 9 - 9 1 & Rostrevor ••• - ••• At a meeting of Messrs. Krell a nd Cohn's credi- St. 100 Norfolk. - 1 6!, 10 all Do. do. sp. c. d 0... -. 9 -91 tors to-day, the liabilities were stated at 23,5001., 50 3?, N or th n .Counties Un 34 - 7)d St. 100 Do, Birm, Gua, Stk. 67 and the assets at 17,0 00 /. A. compo s i tion of lOs. St. 100 North British .........493 - 503 503 50 69 26! all Do. Chesh. Gila. Sb. 17 - 18 • St. 100 North Devon, Rail. & 135 all Do, do, do Bh - 9 in ihe pound was taken into consideration. Dock Stock ............ ••• - ••• St. , 100 Do., A Stock ......... ••• - ••• 20 al Do, do. do - 133 On Saturday a further sum of about 150,000/. et. 100 Do. B Stock ..... .... •_•• - st. 100 Lan.& York. 6 pc. St. ... - ... was added to the Bank of England's stock of St. 100 Lon.&B.G. 5 p0.N0.1 ... - ... St. 100 N.Eastern -Berwick 1 1 51 - 96, 1 , 953 61 6 st. 100 D0.,P.,5p.e.5t.N0.2 ... - ... bullion, and the movement will, no doubt, con- 25 all Do. do. Extension _ ••• - ••• St. 100 Do. New Guar. 6p.c. 132 - 137 25 16" Do do G.N.E.Purch, 23 - 13 , St. 100 Do. do. sp. c., N 0.4 112 - 115 tinuo. A portion of the 430,000/. just received 50 4 ' ' 51 -52 521 2 3 all Do. Leeds from America will most likely be received at the St 100 Do. York B3 - 84 831 43 31 4 Nuneaton s r . et,.. ... - ... National Establishment. St. 100 !North London ,„ C,3 --93 St. 100 Lon. & S.W. 7 perct. Besides the rapid improvement which is being 10 31.1 INT ScS Wstn Hemp- late 3d Shares ... 150 - 155 123 all Londy.& Color. 3 Sh. ... - ... caused by these deposits of gold, the partial cessa- ' ' s . teaci, and . 6ity Jn.. 8 - ? „,,,,, 20 173 North Staffordshire.. 31 - 3:11 14 -Lot 20 all North Western. - •.• tion of the demand for money at that establish-... - ... St. 100 M., S.,&L. 6p. Cent. 111 - 117 10 all N. & S.Westrn. June. 8•- 9 6 41 o. do. do. £6 ... _ 3 -4, went, owing to the more favcurable terms upon St. 1100 Oxford Worcester & St. IWO Do, do. 33 per cent. 62 - 65 which accommodation can be obtained in Lombard- 123 all Marypt. & Carl. 4 p.c. ... - ... 20 Wolverhampton-- 30 -31 313 1 16 Portsmouth lO - S d street, is causing an accumulation of notes. En le 10 'Rhymney St. , 100 Scottish Central lO4 -.-.- 121 all Do. 41 per cent .• - ••• 123 10.3 Do. el. - •. • the latter direction bills of good quality are sego- -10 e 105 St. 1001 iMid.Consol.6p.c. ,_,t ... - St. 100 ;Scot. N. E. Abrdn. St 22 - 23 2 33 4 3 st. 400 'Do.Co_i.Br.Bir.6p. , 129 - 131 tiated at 1 and 13 per cent. below the minimum, et. 100 Shropshire Union .... 46 - 48 St. 100 Do. 4 3 p. c. Pref. S' 95 - 97 I an advantage which the mercantile communit y 10 6 Sitingbourne &Sheer, 4 - 3 , St. 100 Do. L. dill. Pref. St. 85 -87 a 50 100 South Devon 32 - 34 33A 5 have availed themselves to a large exten t, but the St. 1.00 South Eastern -68 69 693 1 9 10 all New., Aber., &c., pr. sp.c.red.sp.c.pm. ... - demand for money is not active owing to the dull- 10 all ,Do. 43 pen: . Shares ... - ... 10 all Do, Perpet. 6 pr. et. 10 - 11 101 3 St. 100 !South Wales.. - SO 783 92 x d ness of trade. 10 all Norfk.Deb.4 p.c. Sh. ..• --- ••• 20 all 'S. Yorksh. River Dun 12 - 14 St. !100 Do. sp. c. Ext. 1846 ... - - A further improvement has taken place in the 20 10 IDo. - 6 d St. 1100 Do. 53 p.c. pf , 1847 ... - ... 20 all 'Staines Wok. &Wok. 9 - 11 market for English securities, and there is an active St. 100 ilo.Wv.V.sp. ~ ,1847 ... - 25 all Stockton ' & Darling 35 - 37 St. 100 Noi;,h British.. .. 101 - 103 speculation for a rise based upon the prospect of 25 'l5 Do. do., 1854 ••1 .. - ... 7 33 Do. 71. Preference...; ... - ~. cheaper money, through the diminished demand 25 5 ' Do. do., 1885 - ... St. 100 IN. E. Berw. 4 p.c. Prf.l 93 -95 95 . 163 Stockton & Hartlepl ... - _ 17 81Do. do. do ' 13 - 3 4 d and the extensive supplies of specie. S ince the St. 'lOO ;Taff Vale.. - ••• 20 13 Do. Leeds 6pc. No. 1; ... - ... last Bank return was published a much more con- St. 1100 Do. Pref., No. 1 ... - ... 121 9 Do, do. Qrs., 1843_, .. - . fident feeling has been engendered, and bailee the 25 22 Thames Hay. D. &R ., - ... - 31 20 all Vale of Neath 193 - 20: 203 20 all North Staffordshire..) 213 - 223 21/ 3 general advance in all descriptions of securities. 20 all Waterfd. & Kilkenny, ... - ... St. 100 Ox., Wor. &Wolv. 6 .it thepresent moment the Funds are very buoyant, 50 all Waterrorddi Limerick ... - _ p.c., Ist guar. ...... 110 - 112 112 11 , and the advance is about i per cent, Consols '29 all West' Cornwall.. .. - ... St. 100 Do. 6p.c. 2d guar... iOl - 103 1013 10 all West End of Londonl St. 1 100 Do. do. Debeutr. St.l ... - ... CD opened at 92i 3, and they have risen to 931. The and Crystal Palace 7 - 9 8; 1 all Scot. Cent. New Pref. .. - • - latest quotation, however, is 92 1 i. Thu New 5 I all Do. A - 2 ? , . Et. 1100 So.N.E.Abor.g.6p.o. 107 - 109 108 9 5 all Do • B - s:i 53 St. 3 per Cents. are marked 934 ; and the Reduced 20 all West London lOO Do. do. 7 p.c. p l , St. 101 - 103 02[ 4, Bank Stock has risen to 218 and 2183. 10 Si. St. 100 Do. d 0.31 p.c. pf. St. 68 - 72 all Do. First Class - -.- -. 25 all South Devon 93 - 103 Exchequer Bills are 4s. discount. 20 all Do. Second C1a55...... - ... 10 all ;Wrabledon&Croydo - ... 10 all Do, fixed 43 pr cent. ... - ..• In extensive business has been done in the 1.0.6 all S. Eastern (Reading Foreign Market, and nearl y all the quotations have BRITISH POSSESSIONS. Ann.) of £1 Os. 6d. 213 - 220 St. 100 Do. 43 per cent 94 - 96 10 1 0 8 all I A tian. and St. Law. I ... - ... 74 5 advanced. Turkish 6 per Cents. have risen to 95k i, St. 100 Do. Fixed 43 p.c. Sh., 93 - 95 9 Bombay, Baroda, and , st. 100 Do. New 43 pr. cen: ... - ... and the 4 per Cents. guaranteed to 1013 ; Russian Cen • lnd,guar. 5 p.c. 8 - 4 91 st. 1100 S. Wales Gua. 4p. ,-• ! ... - ... 18 all Do., St. 100 Do. do. 41 p. c -- -. 43 per Cents., 254 to 264 ; Russian 43 per Cents.,2o all S.Yorksh.4p.c.Guar ... - ... 18 Buff' lo & Lake Hur - 8 -- fd 3 964 ; and Sardinian 5 per Cents., 84i. Mexican 100 100 Buff!, Brut. & Godch • 25 all Stock. &Dar., sp. c. ... - ... 25 19 Do. do. do. stock is 20 ; Grenada New Active are 20, and 100 100 6 p.c.bds.,l Aug., 72 Do, do., 1 July, '73, ... - ... St. 108 Waterfd& Kilk. 6 pc. ... - ... Venezuela, 4i per Cents., 303. 100 I _oo Do. do., 1 June '74 1 ... - „, 75 BRITISH MINES. The following are the nominal prices of Foreign June, - 20 2s. Calcutta and S. East.! _ ~. ... 1111 Alfred Cons. (Philk.) 12 •-• 13 Stocks :-Grenada Deferred Bonds, 56 ; Mexi- 2 2 0 0 2 1 5 0 6 5 0 C c e e n y t lo ra n l A Ou s d l e ares (Lim.) . 1 .....- ii, 2 1 i 20 14 ritish Iron _ - 7 oan, 191 20 ; Peruvian 43- per Cents., 75 20 1 Do. B. do. - ... 20 Condurow (Cambrn.) 100 - 110 76 ; ditto 3 per Cents., -- - ; P o rtu g uese 3 per L',:s all pommy ... I -. 10 1 Dev.Gt.Cnsls. (Tay.)' 42o - 440 20 2s. Eastern Bengal - 1 i ... 271 East Basset (Mogan) 90 - 100 Cents., 43i 443 ; Russian 5 per Cents, 105 107 ; st. 100 East Indian 1073 - 1081 1093 910 ... 1456 Great South Tolgus_ 131 - 141 sioi, 4i per Cents., 96 98 ; Spanish 3 per Cents., 120 15 Do. C Shares l3 -13 p ... 11/3 Grt.W.Alfrd.(Philk.) 4- 5 41} I ;ditto New Deferred, 26 261. 00 all D 0.43 p.c.Buds.;s7 ... - ••• ... 7 Grt.W. Vor (Helstn.) 3 -- 1 100 all Do. do. do., '59, do. ... - ••• ... 13s Lady Bertha - 1 1 The Railway Share Market this morning is very 20 all Geelong di Melbourne' 100 G g ct u . a i r ,:u s n pe . r of c - 73 N. Frances (Mogan) 8 - 9 t. 18 -19 183 3 ... ... N.W.Basset (Illogan) 113 - 121 buoyant, most of the leading lines being at a St. k Canada en ' • 40 - 42 43 546 53 ... 6/ 15North Wheal Crofty 1 4 .- 5 considerable improvement on previous rates. East 100 all Do. 6p. c. Deben_ 76 -78 84 536 4 5 ... 13 Par. Cons, (St.Blaxy); 17 -19 20 all Gt. In. Pen. g. 5 pert. 211 - 211 213 3 Anglians, South Easterns, and North Westerns, ... 9 Porkellis U. (Wend,) ; 4 - 5 20 4 Do. New. guar. 5 p.c. 8-a pi 4,4 51 319 , 6s. Sort. Cons. Min. Co. lA -13 11 have advanced 15s. Caledonian, Great Western, 203 all Gt. Wcstn. of Canada 183 -19 191 19 - 350 Midland, , North Eastern Berwick, Oxford, 2031 10; ; Do. New - - 2 d••• 113 4 2 S. Cann Brea (Illogn.) 3 1 - 4 3 4 3 100 all Do, Bds , payable '5 100 all Do. d0.;'76, p. '60.. 7 . 103 .- --- 10 - 8 . 19 S.W. Frances(lllogn.) 220 - 230 225 Worcester and Wolverhampton, and Scottish ••• 100 all Do. do., '73, w d it o h . o ... t . 103 - 108 5 43 Tam. S. Sz L. Min. Co. 3 - 1 . ' • Central, 1/., and Lancashire and Yorkshire, 10 9 Tin Croft - 4 1/. to 11. ss. The foreign lines are firm. Paris guar, 43 p.c, 100 183 .- .40 Un.Mines (Gwennap) „. - ... Madras, Doo'pdt9m. 11, -__ 10 1 k. 12s 6V. of Towey (Camar.) 3 - 1 and Lyons have improved lOs., Southern of I°° 2o a a 1 11 1... 13 W. Basset (Illogan) 2l - 22 ••• France lOs. and Great Luxembourg and 20 all Do, do., 5 per e. _2l - 2111 .- 20 W. Caradon (Liskrd.)l.oo - 1101 20 10 Do. 43 p. c, Eaten, 1 dl Lombardo-Venetian, ss. In the Colonial under- 20 5 Do. 3cl Ex. g. sp.c. 4 3 -- 8 i 51 .., 54 Wh. Basset k lllogan).,lls - 155 5 Wh. Buller (Rdruth).'2Bo - 290 takings business has been active, especially in the 20 5 Do, 4th Ex., do, ... a - gp; 53 20 ss. Oude (Limited) . 5 Wh. Edward(Calstck) 63 - 73 Canadian lines. Grand Trunk of Canada has ::. 117 s Wh. Kitty (U. Limit) 15 - 17 20 5 Scinde, guar. 5 per c • 1.1 --2 p 8 Wh.aia.Aun (Monht.) 45 - 4 8 risen about 31 . ; Great Western of Canada, 11. ; 20 , 43 Wh. Trelawney (Lis.)l 23 - 25 all Do ••• - ••• and East Indian, 1/. to 11. 10s. FOREIGN. FOREIGN MINES. Mines, Banks, and Miscellaneous Shares area 10 all l Antwrp &Rotterdam ' 63 - 6 6 shade firmer. English, Scottish, and Australian 20 18 Ardennes all B Re e l z g ic ia re n sauto E xG a & s rT t a . • 20 73 'Australian - i . 1 10s, Bon AccorclCop. (ii,) 1 d - par Chartered, Ottoman Bank, Australian Agricultural i o sj e s ue i o ns e sca s te e . ' . 1. 7- 1-4. 1 20 5 l 35 27 Brazilianlmp.(issued and National Discount Company, were at a slight 6 all Cann at ,L 5 pm) - 2.4 improvement on former quotations. Coal Mines and Ry. 4 - 41 4 * 30 all Do. Cocaes & Cuiada ... - ••• 20 12 Dutch Rhenish -41 , 83 20 15 Do. St. John Del Rey 10 --11 20 all Eastern of Franco , 261 - 263 261 1 3 Clarendon Con. Min. 20 all Do. New BRITISH FUNDS.-CLOSING PRICES -THIS DAY. so .- 20 2s, Euphrates Valley _„,_ „, 40 all Cobre Copper 37 -39 (From the Official Lists) 20 18 Ca, Central of France _ - ... ... 16 Copiapo - 12. Business dor e. 20 all Great Luxembourg_ 7 - 73 73 a ttsnk Stock - ••• Tlf , . t:Cf• Reduced a nnn iti aß all l l D Fo ul) r il t e un ril'3l a foianr'int:ini' ' o ' '.)*** i i d -- Il i p d flew 3 per Cent. Annuities 923 34 20 all Lierre and Turnhout , . - d 20 all General - 143 14 Lrhi..: Annuities, expire s th Jan. 186 0 . .... - 20 6 Lombardo-Venetian 4 3 - 4 3 p 101 111 3 all Linares - 83 81 Ditto 30 Years. expire sth April, 183.5.-5 all Lucca & Pist.sp.c.p. .. 173 6 13 Lusitanian - 3d . - - 1 all alariquita - 4 Ladle Bonds, £lOOO - 20 all Lyons and Geneva ... 25 - 26 i ditto, under ct 1000 2O d 20 all Lyons & Mediterran, .. - 1 all New Granada - 8 Cot sols for Account - ••• 1 all Novean Monde l. - . .. 20 I all Pont. Sib MM. di Smlt 5 - 6 E geheone r Bills, 23c; 10 all Do. New ... - ... 21 1 : 0 0 0 0 : . 130 aa141129011 5 1 1 Port Philip 21000 - ••• 1::500 - 20 193 30 1 163 Santiago de Cuba ... 1 • 13 - • 2 285: all United Mexican 34 - 41, 4 S Ilan.. - 37 Exchequer Bonds, 1858, 33 per Cent 993 9 10 all NorwegianTrnk•Pref 8 - 9 MISCELLANEOUS. Ditto, 1359 - 333 335 ier Mail j e t si u l . t i . Land;dy. . 1 2 3. .1 . . .3 400: I " ! . ? 5 : 233 4 43 PRICES OF FOREIGN FUNDS-THIS DAY. -- 20 all Paris and Orleans 5l - 53 1000 900 Atlantic Tel. (Lim.) . • _ American a, Neww. 1 i l 6 n a pa . iteso.sjr A .awan Royalt Waterworks.. ~ 20 7 Recife & San Fran., Brazuian 5 per Cont. - i d 8 3 i Chilies Bonds, 6 per Cent lOl 10 73 (Rome and Frsiscsti... ..: - ..:. Grenada New Active, 23 per Cent. - 103, -- 111 35 110 1 Ditto Deferred 53 5 all Royal Swedish .......• 6 - i 25 all a au ll D Co a p . p p e r r e A f. lii i o p f . Eno. 1 1 2 1 2 3 37 - 118 3225 115 Mexican 3 per Cent - 20 all Sambre and Meuse-. 7 - 7.ic 73 1 100 321' Canada Ditto Account al 191 i 10 all Do. 51 per cent. pref. 7 - 8 Peruvian Bonds, 4; per Cent ... .. 761 20 all Southern of France.. 213 - 213 21 3 i 5 all Do. Preference 1 Portuguese Bonds, 5 per Cent., Con. 1811' -- Ei all West Flanders 4g -44 10 all Do. 53 per C. Pref - U ~ 1 1 - Ditto 1853, 3 per Cent 7 Ditto Account - Russian Bonds, 1522, £ St., 5 per Cont.,., _ 44 .} i 20 all W. &N.W, of France 253 - 261 5 all 'Crystal Palace i 1 3 1 4 -_. 11 ali 3 4 4 , 20 6 ,Western of Austria_ ,« - ••• 4 all Crystal Pal. of France 4 - Ditto, 43 per Cent. - ••• 20 all ,Eastern Steam -..- Sardinian Bonds, 5 per Cent. - ••• St. ;100 !ElectricTelegrrph -1102 - 105 105 4 13p , ,n1sb Bonds, 3 per Cent. 6 all Do.B P. cent. pref. ••• - ••• Ditto Account ..• - - Dittc New Deferred, 3 per Cent. - lO 10s.IEur. & Ind.Jctn, Tel. „, - - Ditto Account , - 51 Tnrkieh Bonds, 6 par cent _ - 20 all 'Gen. Ir.Sc • Col.(lini.) ... - ... Ditto Account 951 8 i 3"6 40 all Australasia '79-80 80 793 15 14 'Gen. Steam Navigat. . I •• - ••• Ditto Guaranteed, 4 per Cent. - 125 181 Bank of Egypt ...... 5- 4d 20 5 ;London Discount ...1 13 1d 31 Ditto Account ............ Venezuela Bonds, 41 per Cent - 40 all Bri. Col. Bk. & Ln. Co. ... - •• 20 10 IMagdalena St. Navig. ... - ... Ditto Account .............. ..... - ••• 10 all I Meditoran. Elec. Tel, ... - ~. Dividends on the above payable In London. 20 8 C.Bk.of Ind.Au.diCh _ - ...d 10 83 ID°, Extension Teleg. ... - ~.. 00 50 City French Routes, 43 per Ce nt ' ... .............. ---,- 110000 20 25 Commercial 55 - 60 al of Lond. ... - ... 10 all [ Mexican& S.Americn ... - , ”. - -. 25 5 ;Nat. Discount C 0.... 23 - 2i21 3 Ditto 3 per Cent. ......... Ed. 25c. et . 7Jc. ex 25i. 30c. _lO 6 Netherlands Land.... 3 -13 Belgian 23 per Cent~ ex. 25 francs - 18 18 10 all Do. Do. - 3 Do. 41 per Cent.. ex. 25 francs "i" 96.1 20 all Lon.Ch, Bk.of A aq. 17.. 1 -18 113 eAADßDruEirssititGti n.r Australis. Dutch Exchange, 2:1; per Cent., 12 Guilders - 20 all Ditto New • 5 all Do.B p.c.PLiss.at ld. 23 - 3 24 Ditto Account (Dec. 31) ................... .. 65 50 20 (London and County ,„ _ , ••' - 5 2 Do. Do. - 1 5 50 ,Lnd.&E.Bnkng.Corp „, - ,:: 100 80 New B. &N. S. Land 16 - 18 Consols account, Jan. 8 St. 100 N.S.W. Gov.s p.c.D. ... - ~, 94 i tiIIEBOO'2I3LOLIC . i 50 10 ILondon Joint Stock. ... - ... 283 1 all N. B. Australasian... 1 - 1 100 20 Lond.andWestminst, „, _ ... 45} 20 all Nrth.ofEuropeSteam _ - ... - 1 ;00 35 ? National Pro. of Eng. „, - ~, SKETCH OF TEE RESIDENCY AND PALACE AT LUCK- 2O 10 IDo. New 1 all Oriental Gas - - 13 1 1 10s. Do New Shares ild - 1p i arOw.-We may expect to hear good news from Lucknow 150 221 National Bank - -. 5 all eelßr. Ld. & Minrl. li - 4 E• 2 in a day or two. Meantime, Mr. Wy New S t ont ß h an W k als ... _-- .. 50 all Peninsular & Oriental 72 - 74 Id has produced a 1 20 fine sketch of the place, and a map of the insurrec - 1 25 aallll (Ottomanoll nal Corp. 32 161 - '4331 50 10 Do. New - 6 p tionary districts, which will be found highly useful at i 20173 p 173 50 all Rhymney Iron 100 25 jProvinc al of Ireland' ... _ ... the present interesting period. It is just the thing 10 100 60 Royal Mail Steam 5l - 56 ~ a2lOl Do.riew Bank 1 all Scot. Austral. Invest. 1 - 13 13 3 wanted, and is admirably executed. St. 100 S. Aus, Gov. 6 p.c.bds. _ - ... 4 . Australia 33 -35 25 all South As.stral, Land 33 25 At Lisbon the disai:pearanee cf the late terrible 25 all ; South . 50 _ 52 , i -11 Uniou of Australia 1 all Submarine Tel. Scrip a - 5 I 1 R.Aus.B.&G.Im.Co .,. - ... malady has permitted the re-opening of the Opera. i 25 - , _ ... Mdme. Charles and Mdme Tedesco are the reigning 1 igo i!Do. New 22 1 u •1 of London-. ... - ... 223 2 20 5 Trus. Ln. Co. Up. Can ... - . favourites. Malvezzi, Neri-Baraldi, and Beneventano 03 50 Unity Mutual.... ..... .... 100 2831Vanyieenen's Land B3 ---, A : are the principal male vocalists. 10 i nioi 2 00 u Weetrußk of Loud o. 7..."! .ed 1 03 -I°° LAW INTELLIGENCE.—(This Day.) COURT OF QUEEN'S BENCH. (Sittings at, Guildhall, before Lord Campbell and a Special Jury.) THR qIIXIN O. ROBINBON.-PICIMIRY. This was a criminal proceeding against a gentleman of fortune, residing at Cheltenham, and a magistrate of the borough, for perjury, in a suit in the Ecclesiastical Court for adultery with Mrs. Evans, the wife of a gentle man residing in Gloucester. The case of crira. con. was lately tried at Liverpool. Mr. Sergeant Byles, Mr. Huddlestone, Q.C., Mr. Hawkins, and Mr. Harrison were counsel for the pro secution ; Sir F. Thesiger, Mr. Edward James, Q.C., and Mr. Hodgson were counsel for the defendant. The assignraent of perjury amounted to this, that the defendant had had improper intimacy with the prose cutor's wife both before and after marriage. The unfortunate lady, whose conduct would be the subject of inquiry, was a Miss Carrington, daughter of a gentle: maa of that name, residing in Lansdowne-terrace, Cheltenham, and occupying a respectable position in society. The defendant was also a person of respecta bility, residing at the same plaee, and a magistrate of the borough. The defendant was a married man, but had separated from his wife, owing, as he alleged to their incompatibility of temper, while living at Cheltenham, the defendant became intimately acquainted with the lady's family, which, however, was abused by the defendant, who had been several times, known to kiss her there, and take other alleged famili arity. The lady was after wards married to Mr. Evans, a gentleman of property, residing in Gloucestershire, bat shortly after separated when acts of adultery were alleged to have taken place at various parte of the country and in London. The case had been twice tried. On the first trial the defendant obtained a verdict, but on the second the verdict was for Mr. Evans, damages 5001. A difficulty attended the proof of the perjury, because in the Ecclesiastical Court the evidence, according to the learned counsel, was taken in a " little dark room" in private and sworn to afterwards. On the affidavits there made the prosecutor could not obtain a divorce, aid these proceedings were rendered necessary for that object. Mr. Sergeant Byles having stated an outline of the case, was about to call the following witnesses, when Lord Campbell expressed a wish that as the details of the case must be entered into in a court of law, that for the sake of public morals they would not be made public. Mr. Sergeant Byles sale, that he heard that wish expressed before coming into court. Evidence was then given of the manner in which the proceedings were conducted in the Arches' Court in cases of adultery. The libel, alleging adultery, was put in and read, set ting forth the marriage, &c., of the prosecutor, and Mrs. Evans' answer, denying the statements in the libel. The libel alleged the circumstances stated in the evidence of the prosecutor• _ _ The witness handed in a deposition by the defendant, sworn to on the 10th January, 1846, before Dr. William Robertson, surrogate, and repeated and acknowledged by him before Dr. Blake, another surrogate. - Mr. J. 11. Nichol!, proctor in the Arches Court, was present, and heard the defendant sworn by Dr. Robert. son. Mr. Fowler, examiner in the above Court, examined the defendant. lie repeated it and signed it before Dr. Robertson. The deposition was read at full length. In it he denied having said at the club, at Cheltenham, in re ference to Evans' marriage with Miss Carrington, "Evans is a slippery fish, but I think I've hooked him at last." The deposition also stated that he had not taken improper liberties with Mrs. Evans, either before or after her marriage with the prosecutor. Mary Griffiths, an elderly female, deponed—l am housekeeper to Mies Maxwell, near Tewkesbury, and hare been in her service 41 years. I have known the defendant 26 years. I have seen Mr. Evans in 1845 and 1846, the defendant was in the habit of visiting Miss Maxwell. Sir F. Thesiger objected to the evidence. The mar riage did not take place till 1854. Lord Campbell—Any familiarity at that time would not be ground for a divorce. Sir F. Thesiger maid there were no specific allege. tions in the Arches Court previous to the marriage, consequently no assignment of perjury on them. Lord Campbell admitted the evidence. The defendant had denied any committal of adultery before or after marriage. Witness continued—Miss Maxwell resides three miles from Tewkesbury, on the Worcester-road. In front of the house by the side there are two large gardens sepa rated by a wall ; there are shrubs and trees about th• garden. In 1845 my bed-room commanded a view of the garden. The defendant 'visited them 'three times in the course of the year 1845. Miss Car- rington was there on each occasion. She was brought by the defendant, who introduced her to Mise Max well. She was accompanied on two occasions by her sister, and the third time by her father. The defendant brought the lady into the kitchen to have come bread and butter, and after that they all went into the garden. The defendant walked with Miss Carrington. I watched them from the window, and I saw him with his arm round her neck and waist. If I had not known the defendant to have been a married man, I should have thought them lovers. Mr. Carring ton and Miss Maxwell, I think, were in the house at that time. They could not have been seen by the two latter. Cross-examined by Sir F. Thesiger—This is the first time I have given evidence in the case. I first mentioned it to Miss Maxwell in 1846, and she went out when they wrote to ray they were coming again, because she would not receive them, disapproving of their conduct. I also mentioned it to Mr. Evans in January, 1856. My bedroom window commands the whole of the garden. Sir F. Thesiger protested against the evidence. It was not alleged in the Ecclesiastical Court, and he was not prepared with evidence to meet it. Lord Campbell said he ruled it was evidence. Walter Scromon—l was page to Mr. Carrington in 1846. The defendant visited them generally from 2t• half-past 2 o'clock. After he got into the hall he used generally to whistle. I then showed him up into the drawing-room. He used not to ask for any one particularly. He bad seen Miss Carrington (Mrs. Evans look over the bannister with her dress off. (Th e ease was proceeding when we went to press.) COURT OF BANKRUPTCY. (Befor e M r . Commi s sion er H o l ro yd.) RE B. W. A. SLEIGH. To-day was app The balanc e-s heet, app ointed for the last examination of Burrows Wi lliam Arthur Sleigh, who was described as a newavend er of the Stran d ; h e was a l so connected w i th the Telegraph newspaper ance-sheet, prepared by Messrs. Cooper and Hearle, extendi ng f rom th e Bth March, 1855, t o th e I s t Nov. last, shows debtor to creditor, 4,6291. ; profits, 3,6421.; cre di tor by doubtful debts, 501.; trade expenses, 1,8191. ; l aw costs, 9441. ; house expenses, 2,569 1 . ; losses, 2,3641 . ; def i ciency, B t h M arc h, 1855, 5231. Amongst the losses, 9001. is set down on the sale of the Army Dispatch, t o M a jor Walker, for which judg meat was obt a i ne d against the b an k ru pt , an d expenses at elections, 7831. at Greenwich, 201. at Midhurst, and 1001. at Boston. Mr. Norton applied that the bankrupt might pass. Mr. Yonge, on behalf of Major Walker, said the accounts did not go far enough back, and proposed to examine the bankrupt relative to property, of which there was no mention in the balance-sheet. His Honour said the balance-sheet began at the date of the books, but the bankrupt might be examined. Col. Sleigh, examined, said he was bankrupt in 1350. After obtaining his certificate, be went to the United States. He was a colonel and Justice of the Peace in Prince Edward's Island. He purchased property there to the extent of 1 20,000 acres. He was to pay for it at so much per annum. He paid the first instal. ment of 600. He obtai ne d the colonelcy of militia ; being a retired offi cer i n her Isla j esty ' s ser vice. There was, however, some difficulty in recognising his title, and ultimately he transferred it to Captain Grey, of the 7th he was in Am er i ca he ran a steamer to carry Dragoon Guardsthe mail from N ew York to Q ue b ec . The spa , who went out to settle there. When culation proved to be a bad one, and be incurred considerable liabilities. The steamer was lost, and he incurred considerable liabilities, bat they had been discharged as well as all his other liabilities in the United States. lie petitioned the court in July, 1856, under the Debtor and Creditor Arrangement Act, and obtained limited pr o t ect i on. H e did n ot remember the s tatement he mad e f or obtaining pro l onge d protection. Mr. Yonge read th e statement, by which it appeared he stated that he had li a bi lities i n A mer ica. Witness said h e was under the impress i on at the time that be bad in respect of the steamer, but on writing over he obtained receipts in full. In February, 1854, he received 900/. from Major Walker for the purposes of the British Army _Dispde. Between the pasting with the British Aran? Dispatch b e was travelling about the United Kingdom with hi s f am il y . The 900/. was not employed in startin g th e morning paper . The case was pro cee di ng, and l ik e l y to occupy a con siderable time, Wtittton SUN OFFICE, Six o'Clock. TATTER,SALLS'--(This Evening.) TWO THOUSAND GUINEAS. 9 to 2 agst Clydesdale (take sto 1) 7 to 1 agst Brother to Marchioness (taken) 10 to 1 agst Lord of Lorn (taken) DERBY. 25 to 1 agst Happy Land (taken) 40 to 1 agst Sermon (taken) 50 to 1 agst The Grand Secret (taken) 50 to 1 agst Colt by Nutwith out of Cashmer NAVAL APPOINTMENTS.—(This Day. The following appointments were made this afternoon at the Admiralty : Second Master—John H. Tully, to the Industry. Mr. James W. Johnston, to be Deputy-Inspector of the Marines at Woolwich. AN ADTENTURE WITH BRIGANDS. The following (which we find in the Wolver hampton Chronicle) is extracted from a letter from Mrs. Harper, the lady mentioned as being, with her husband, of the party of travellers who were lately pillaged by brigands while on their way from Civita Vecchia to Rome : Rome, Dec. 1. 1857. " Well, we reached Civita Vecchia from Leghorn ; and now as we are approaching the Holy City, we may naturally expect good government and some honesty under an ecclesaatical prince ; but now commences our tale of trouble. " While on board the steamer we had received much good kindness from an Irishman, who helped us with hie Italian, explained the Roman money, quarrelled for us with the boatmen (a most rascally set), and, in short, did us no end of little kindnesses. Hs proved to be an American Roman Catholic bishop ; with him were Dr. Whitehead, Vice-President of the Maynooth College, and two other Irish-American priests—a youth coming to Rome for education to enter into priest's orders, and a young man named Blake, cousin to Dr. Whitehead, and grandson of Lord French, a fine spirited fellow. This party and ourselves landed and passed through the Customs together ; and what a scene of extortion that is from beginning to end—it is a perfect robbery. Here again the bishop helped us, and when we could not get places in the diligence, was so good-natured as to let us join them in a large vetterino, which was only intended to hold seven, but with the addition of ourselves it was forced to contain eight. You will remember the party whom I have severally named. " We had four horses, and had to go 56 Roman miles, each of which is a furlong less tban an English mile. The driver (an Italian) promised to go into Rome at 7 o'clock ; we left at noon, but he let everything pass us, walked up hill, and walked down, and no talking would make him go faster. At last, about 4.30 o'clock, he drove up to the half-way house, took out the horses without per mission, and stayed until about 6.15. Thus we had only accomplished half our journey by daylight. We had not left this place more than half an hour before we were sprung upon by 6 or 7 brigands ; each man had a blud geon, a pistol, and a dagger. One was stationed a few yards distant on a bank, with his blunderbuss levelled at the carriage the whole of the time, so that had resistance been made he could have riddled us through and through. Blake, who was by the driver, showed fight, but was immediately struck down by a bludgeon, and left for dead; Henry (Mr. Harper, the writer's husband) and one of the priests sat outside behind the driver ; a wretch began striking him until he threw him his purse, and got down to have his watch and chain torn off, with a dagger at his throat. The other wretches had got hold of the bishop, and, with two daggers and a pistol at his head, he had to give up his ring of office, gold cross and chain, watch and chain, bag of 100 sovereigns—evers - thing ; and Dr. Whitehead and the youth shared the same treatment. Two horrid fellows came to me in the carriage (I never got out), tore open my shawl, felt my fingers for rings, and would have taken my wedding ring and guard, only I had on a tight-fitting glove. I cried out C'est tons, c'est tons,' and they not knowing perhaps but what the others may have stripped me, left me, finding only my purse. My watch, chain, and cameo brooch I had (half in joke), at the roadside inn, put into my secret pocket, which I carry under all my clothes, and so they are saved. The brutality of these villains can only be imagined by those who saw it ; had there been any resistance they would have shot us down like so many dogs, or more likely, because more quietly, have stabbed or otherwise murdered us ; but not one of us had any means of defence, and so we gave up all willingly for our lives. They carried away 3001. in gold, and 150(. more in watches, chains, and jewellery. Our loss happily is not considerable, as Henry, at the inn, had secreted his money in bis boots, as a precautionary measure, leaving only about 30s. in value in his pure, but not believing for a moment that we should be at tacked. We all had perfect presence of mind at the time, and it seems wonderful to me when reviewing the whole scene—a scene of horror—the real sang froid that I felt. The terror came afterwards, when they were fairly gone ; and the poor youth was placed in my arms in the carriage. Thank God, it proved that be was I only stunned by the blow of a bludgeon upon the left temple ; he was not dead. I poured some brandy and water into his month ; at last some went down, and after a while he showed signs of returning consciousness. It was affecting to see Dr. Whitehead's joy over the poor lad, and sorrow, too, for his arm was useless, and we feared a ball had entered his left shoulder. He is heir, as I understand, to 12,0001. a-year, and Dr. White head had taken charge of him on this his first tour abroad. THE AUXILIARY LOCAL MILITIA.—A CRUEL 110 AX. A few days since an officer in one of the Yeo manry Cavalry regiments received an official-look ing envelope, with the important words upon it, "Ou Her Majesty's Service," and bearing Cie official seal of the War Office. Opening the enve lope, ho found it to contain the following enclo sure : " (F. 0. 51) " (749). " War Office , sth Dec. , 1857 • "HORSE GUARDS. " Sir,—Her Majesty's Ministers having taken into consideration the present defenceless state of the country, consequent upon the reduction of our home force in the prosecution of the Indian war, and the withdrawal and embodiment of a great portion of the militia, they have determined upon raising some auxiliary corps of local militia, formed of gentlemen of the present Yeomanry Cavalry, and others willing to serve as volunteers therein. " It being of the greatest importance in promoting this object to nominate as officers gentlemen whose energy and ability have been already proved, communi cations have been addressed to the colonels of each existing Yeomanry corps, soliciting the recommendation of such gentlemen who are best fitted to officer the new force. " I have much pleasure in informing you that your name has been submitted to us for the purpose, atd approved of. You will please, therefore, to attend at the Commander-in.Citief's office to receive your commission and instructions, on Saturday next, the 12th inst., at 10 a.m. You will wear the full uniform of the troop to which you belong. " 1 am, Sir, your obedient servant, " PANMIIRE." The gentleman who had received this unexpected nomination did not fail to be in attendance at the hour appointed, radiant in all the glories of the Royal - Yeomanry Corps. Some dozen or more officers, each representing some other gallant corps, were assembled in the outer room of the War Minister, and warm and hearty were the mutual congratulations addresped to each other upon the good fortune which had smiled upon them. A short interview with the military authorities led to the unpleasant discovary that all the expectant officers of the "Auxiliary Local Militia" had been the victims of a most unmerciful joke, and that her Majesty's Ministers had really no intention of re medying the "defenceless state of the country" by the formation of any gallant corps such as that to which these gentlemen from the country had been so recently ap pointed. We are informed that Mr. Field, and the detective staff of the "Private Inquiry. Office," have been directed by the military authorities to discover, if possible, the ingenious founder of the "Auxiliary Local Militia," in order that Lord Panmure and the heads of the department may reward him with that promotion which his patriotic anxiety for the defenceless state of the country so justly merits. It is understood that the following members of the Chancery-bar are about to be called to the degree of Queen's Consel :—Messrs. Shapter, Greene, Amphlett, Fleming, Bazalgette, Toiler, and Goldsmith. ME ST. PANCEAS TBAGEDT.—The adjourned inquest was held this day upon the bodies of the man and woman who were discovered dead in a room in Har per's coffee-house, 3s, Drummond-street. The bodies have not been identified. Nothing further than that which has already appeared in The Sun transpired this morning. The jury returned the following ♦erdict : " That the deceased persons were found dead, with their throats cut, but how such wounds were inflicted there was ao evidence to show." THE COMMERCIAL CRISIS, AND HOW IT AFFECTS THE DIFFERENT CLASSES.—When we compare the various opinions which have been expressed with reference to commercial vicissitudes during a period of years by many of the periodicals of the day, it is really laughable to remark their extreme fallacy. As an evidence of this, a contemporary ♦entured not long ago to assert that a Silk Dress would be "a lady's despair," and as difficult to obtain as au Indian shawl t But the result of the panic has been to bring down the aggrandised values of silks to their normal standard. In fact, the Lyons' manufacturers aro selling their silks at a lower price than for years past ; although it is very probable that as the crisis passes away prices will again advance. Messrs. Jay were particularly fortunate last week, when in the Lyons' market, to meet with a manufacturers' stock at full 25 per cent, under late prices ; and these goods were forwarded immediately, and are now to be seen at the London General Mourning Warehouse, 247 to 251, Regent-street. There cannot be more suitable materials for Dress at this season of the year than those referred to, as, although " black," they are not indicative of Mourning, but are of beautiful figured and brocaded patterns, without being conspicuously showy. AMERICA. THE PRESIDENT'S MESSAGE. LIVERPOOL, SUNDAY. The Royal Mail steamship Africa, Capt. Shannon, has arrived. She left New York on the 9th inst., with 66 pas sengers and above two million dollars in specie. The chief intelligence of interest is the Presi dent's Message, which was delivered on the Bth, at Washington. It is as follows : FELLOW CITIZENS OF THE SENATE AND HOUSE OF REPRESENTATIVES,-... In obedience to the command of the constitu tion it has now become my duty to give to Con gress information of the state of the Union, and re commend to their consideration such measures as I judge to be necessary and expedient; but first, and above all, our thanks are due to Almighty God for the numerous benefits which He has bestowed upon this people, and our united prayers ought to ascend to Him that He would continue to bless our great republic in time to come as He has blessed it in time past. THE MONETARY CRISIS. Since the adjournment of the last Congress our constituents have enjoyed an unusual degree of , health. The earth has yielded her fruits abu n d - I antly, and has bountifully rewarded the toil of the husbandman. Our great staples have commanded high prices ; and up till within a brief period our manufacturing, mineral, and mechanical occupa tions have largely partaken of the general pro sperity. We have possessed all the elements of material wealth in rich abundance, and yet, not withstanding all these advantages, our country in its monetary interests is at the present moment in a deplorable condition. In the midst of unsurpassed plenty of all the productions of agriculture, and all the elements of national wealth, we find our manu factories suspended, our public works retarded, our private enterprises of different kinds abandoned, and thousand of skilful labourers thrown out of employment and reduced to want. The revenue of the Government, which is chiefly derived from duties on imports from abroad, has been greatly reduced, whilst the appropriations made by Congress at its last session for the current fiscal year are very large in amount. Under these circumstances a loan may be required before the close of your present session ; but this, although deeply to be regretted, would prove to be only a slight misfortune, when compared withthe suffering and distress prevailing among the people. With this the government cannot fail deeply to sympa thise, though it may be without the power to extend relief. It is our duty to inquire what has produced such unfortunate results, and whether their recur rence can be prevented. In all former revulsions the blame might have been fairly attributed to operating causes, but not so upon the present occasion. It is apparent that our existing misfortunes have proceeded solely from our extravagant and vicious system of paper cur rency and bank credit exciting the people to wild spe culations and gambling in stocks. These revulsions must continue to recur at successive intervals so long as the amount of the paper currency and bank loans and discounts of the country shall be left to the discretion of 1,400 irresponsible banking insti tutions, whichfrom the very law of their nature will consult the interest of their stockholders rather than the public welfare. The framers of the constitution, when they gave Congress the power to coin money, and to regulate the value thereof, and prohibited the States from coining money, emitting bills of credit, or making anything but gold and silver coin a tender in pay ment of debts, supposed they had protected the people against the evils of an exc6ssive and irre deemable paper currency. They are not responsi ble for the existing anomaly that a governme t en dowed with the sovereign attribute of coining money, and regulating the value thereof, should have no power to prevent others from driving this coin out of the country, and filling up the channels of circulation with paper which does not represent gold and silver. It is one of the greatest and most responsible duties of government to ensure to the people a sound circulating medium, the amount of which ought to be adapted with the utmost possible wis dom and skill to the wants of internal trade and foreign exchanges. If this should be greatly above, or greatly below, the proper standard, the market able value of every man's property is increased or diminished in the same proportion, and injustice to individuals as well as incalculable evils to the community are the consequence. Unfortunately, under the construction •f the federal constitution, which has now prevailed too long to be changed, this important and delicate duty has been dissevered from the coining power, and virtually transferred to more than 1,400 state banks acting independently of each other, and re gulating their paper issues almost exclusively by a regard to the present interest of their stockholders, Government exercising their sovereign power of providing a paper currency instead of coin for the country. The first duty which these banks owe to the pub lic is to keep in their vaults a sufficient amount of gold and silver to ensure the convertibility of their notes into coin at all times and under all circum stances. No bank ought ever to be chartered with out such restrictions on its business as to secure this result. All other restrictions are comparatively vain. This is the only true touchstone—the only efficient regulator of a paper currency, the only one which can guard the public against over issues and bank suspensions. As a collateral and eventual security it is doubtless wise, and in all cases ought to be required, that banks shall hold the amount of United States and State debt equal to their notes iu circulation, and pledged for their redemption. This, however, furnishes no adequate security against over issue ' • on the contrary, it may be per verted to inflate the currency. Indeed, it is pos sible by this means to convert all the debts of the United States and State Governments into bank notes, without reference to the specie required to redeem them. However valuable these securities may be in themselves, they cannot be converted into gold and silver at the moment of pressure, as our experience teaches, in sufficient time to pre vent the bank suspensions and the depreciation of bank notes. In England, which is to a considerable extent a paper-money country, though vastly behind our own in this respect, it was deemed advisable, ante rior to the Act of Parliament of 1844, which wisely separated the issue of notes from the banking de partment, for the Bank of England always to keep on hand gold and silver equal to one-third of its combined circulation and deposits. If this pro portiox was no more than sufficient to secure the convertibility of its notes with the whole of Great Britain, and to some extent tho continent of Eu rope, as a field for its circulation, rendering it almost impossible that a sudden and immediate run to a dangerous amount should be made upon it, the same proportion would certainly be insufficient under our banking system. Each of our 1,400 banks has but a limited cir cumference for its circulation, and in the course of a very few days the depositors and note-holders might demand from such a bank a sufficient amount in specie to compel it to suspend, even although it had coin in its vaults equal to one-third of its im mediate liabilities ; and yet I am not aware, with the exception of the banks of Louisiana, that any State bank throughout the Union has been required by its charter to keep this or any other proportion of gold and silver, compared with the amount of its combined circulation and deposits. What has been the consequence ? In a recent report made by the Treasury department on the condition of the banks throughout the different States, according to returns dated nearest to Jan., 1857, the aggregate amount of actual specie in their vaults is 58,349,838 dols. ; of their circulation, 214,778,822 dols.; andcf their deposits, 230,351,352 dols. Thus it appears these banks in the aggregate have considerably less than one dollar in seven of gold and silver compared with their circulation and deposits. It was palpable, therefore, that the very first pressure must drive them to suspension, and deprive the people of a convertible currency, with all its disastrous consequences. It is truly wonder ful that they should have so long continued to pre serve their credit, when a demand for the payment of one-seventh of their immediate liabilities would have driven them into insolvency. And this is the condition of the banks, notwithstanding that 400 m illions of gold from California have flowed in I upon us within the last eight years, and the tide still continues to flow. Indeed, such has been the extravagance of bank credits, that the banks now hold a considerably less amount in specie, either in proportion to their capital or to the circulation and deposits combined, than they did before the discovery of gold in California. Whilst in the year 1838 their specie in proportion to their capital was more than equal to 1 dol. for 6 dols. and 33 cents of their capital, in the year 1848 the specie was equal within a very small fraction to 1 del. in 5 of their circulation and deposits; in 1857 it is not equal to 1 dol. in 7i of their circulation and depo sits. From this statement it is easy to account for our financial history for the last 40 years. It has been a history of extravagant expansion in the business of the country followed by ruinous contractions. At successive intervals the beat and most enter prising men have been tempted to their ruin by ex cessive bank loans of mere paper credit exciting them to extravagant importations of foreign goods, wild speculations, ruinous and demoralising stock gambling. When the crisis arrives, the banks can extend no relief to the peoples In a vain struggle to redeem their liabilities in specie, they are com pelled to contract their loans and issues; and at last, in the hour of distress, when assistance is needed, they and their debtors together sink into insolvency. It is this paper system of extravagant expansion raising the nominal rate of every article beyond its real value when compared with the cost of similar articles in countries whose circulation is wisely re. gulated, which has prevented us from competing in our own market with foreign manufacturers, has produced extravagant importations, and has coun teracted the effect of the large incidental protection afforded to our domestic manufacturers by the pre. sent revenue tariff. But for this the branches of our manufactures, composed of raw materials, the prcs. auction of our own country, such as cotton, iron, and woollen fabrics, would not only have occupied. almost exclusive possession of the market, but would have created for themselves a foreign market throughout the world. Deplorable as maybe our present financial condi• tion, we may yet indulge in bright hopes for the fu ture. No other nation has ever existed which could have endured such violent expansions and contras tions of paper credits without lasting injury, yet the buoyancy of youth, the energies of our pope. lation, and the spirit which never quails before dif ficulties, will enable us soon to recover from our present financial embarrassments, and may never occasion us speedily to forget the lesson which they have taught. In the meantime it is the duty of the Government by all proper means within its power, to aid in alle viating the sufferings of the people occasioned by the suspension of the banks, and to provide against a recurrence of the same calamity. Unfortunately, in either aspect of the case, it can do but little. Thanks to the independent treasury, the Govern.. ment has not suspended payment, as it was com pelled to do by the failure of the banks in the year 1837. It will continue to discharge its liabilities to the people, and gold and silver its disburse.. meats in coin, will pass into circulation and mate. rially assist in restoring a sound currency. From its high credit, should we be compelled to make a temporary loan, it can be effected on ad.. vantageous terms. This, however, shall, if possible, be avoided ; but if not, then the amount shall be limited to the lowest practicable sum. I have therefore determined that, whilst no use• ful government works already in progress shall be suspended, new works not already commenced shall be postponed if this can be done without in. jury to the country. Those necessary for its de. fence shall proceed as though there tad been no crisis in our monetary affairs. But our federal Government cannot do much to provide against a recurrence of existing evils. Even if insurmountable constitutional objections did not exist against the creation of a national bank, this would furnish no adequate preventive security. The history of the last bank of the United States abundantly proves the truth of this asser tion. Such a bank could not if it would regulate the issues and credits of 1,400 state banks in such a manner as to prevent the ruinous expansions and contractions of our currency which afflicted the country throughout the existence of the late bank, or secure us against future suspensions. In 1825, an effort was made by the Bank of England that it might curtail the issues of the cowl try banks under the most favourable circumstances. The paper currency had been expended to a ruin. ous extent, and the hank put forth all its power to contract it in order to reduce the prices and restore the equilibrium of the foreign exchanges. It no. cordingly commenced a system of curtailment of its loans and issues, in the vain hope that the joint. stock and private banks of the kingdom would be compelled to follow its example. It found, how• ever, that as it contracted, they expended, and at the end of the process, to use the language of a very high official authority, whatever reduction of the paper circulation was effected by the Bank of Eng. land in 1825 was more than made up by the issues of the country banks. But a bank of the United States would not, if it could, restrain the loans and issues of the state banks, because its duty as a regulator of the cur• rency must often be in direct conflict with the im mediate interest of its stockholders. If we expect one agent to restrain or control another, their into. rests must in some degree be antagonistic ; but the directors of a bank of the United States would feel the same interest and the same inclination with the directors of the state banks to expand the currency, to accommodate their favourites and friends with loans, and to declare large dividends. Such has been our experience in regard to the last bank. After all, we must mainly rely upon the pad*. tism and wisdom of the States for the prevention and redress of the evil. If they will afford us a real specie basis for our circulation, by increasing the denomination of bank notes first to 20 and after• wards to 50 dollars ; if they will require that the banks shall at all times keep on band at least one dollar of gold and silver for every three dollars of their circulation and deposits ; and if they will pro. vide, by a self-executing enactment, one that Wu thing can arrest, that the moment they suspend they shall go into liquidation, I believe that such provisions, with a weekly publication by each bank of a statement of its condition, would go far to se cure us against future suspensions of specie pay. ments. Congress, in aly opinion, possesses the power to pass an uniform bankrupt law applicable to all banking institutions throughout the United States, and I strongly recommend its exercise. This would make it the irreversible organic law of each bank's existence that a suspension of specie payments shall produce its civil death. The instinct of self-preser vation would then compel it to perform its duties in such a manner as to escape the penalty and preserve its life. The existence of banks and the circulation of bank paper are so identified with the habits of our people, that they cannot at this day be suddenly abolished without much immediate injury to the country. If we could confine them to their appro priate spheres, and prevent them from administer ing to the spirit of wild and reckless speculation by extravagant loans and issues, they might be con tinued with advantage to the public. But this I say, after long and much reflection ; if experience shall prove it be impossible to enjoy the faculties which well-regulated banks might afford without at the same time suffering the calamities which the excesses of the banks have hitherto inflicted upon the country, it would then be far the lesser evil to deprive them altogether of the power to issue a paper currency and confine them to the functions of banks of deposit and discount. RELATIONS WITH GREAT BRITAIN. Our relations with foreign governments are upon the whole in a satisfactory condition. The diplomatic, difficulties which existed between the government of the United States and that of Great Britain,at the adjournment of the last Congress, have been happily terminated by the appointment of a British minister to this country, who has been cordially received. Whilst it is greatly to the interests, as I am con• vinced it is the sincere desire of the governments and people of the two countries, to be on terms of intimacy and friendship with each other, it has been our misfortune almost always to have had some irritating, if not dangerous, outstanding ques• tion with Great Britain. Since the origin of the government we have been employed in negotiating treaties with that power, and afterwards in discus.. sing their true intent and meaning. In this respect the convention of April 19, 1850, commonly called the Clayton and Bulwer Treaty, has been the most unfortunate of all, because the two governments placed directly opposite and con tradictory constructions upon its first and most im. portant article. Whilst in the United States we believed that this treaty would place both powers upon an exact equality, by the stipulation that neither will ever occupy, or fortify, or colonise, or assume, or exercise any dominion over any part of Central America, it is contended by the British Go. vernment that the true construction of this lan guage has left them in the rightful possession of all that portion of Central America which was in their occupancy at the data of the treaty ; in fact that the treaty is a virtual recognition on the part of the United States of the right of Great Britain, either as owner or protector of the whole extensive coast of Central America, sweeping round from the Ric, Hondo to the port and harbour of San Juan de Nicaragua, together with the adjacent Bay Islands, except the comparatively small portion of this be tween the Serbon and Cape Honduras, and accord. ing to their construction the treaty does ne more than simply prohibit them from extending their possessions in Central America and beyond the pre sent limits. It is not toomuchto assert that, if in the United States the treaty had been considered susceptibleof such a construction, it would never have been ne gotiated under the authority of the President, nor would it have received the approbation of the Senate. The universal conviction in the United States is, that when our government consented to violate its traditional and time-honoured policy, and to stipulate with a foreign government never to os Am erican iderati on o p c o c r u t i p o y n o o r f a c e q u u r r e e w n t e r r t o o n r t y i n in e n t 1 i t , e Central the e that p G I a e r e e a t nB the same e h o p u o l s d i acereapfinorthtishiss t i on with ourselves. rifi ct a ce t l w eas as t, Whilst we have no right to doubt the sincerity of the British Government in their construction of the treaty, it is at the same time my deliberate convic tion that this construction is in opposition both to its letter and its spirit. Under the late administration negotiations were instituted between the two Governments, for the purpose, if possible, of removing these difficulties, and a new treaty having this laudable object in view was signed in London on the 17th Oct. 1850 , and