The Express.
London, England, 1868-09-05 00:00:00

THE EXPRESS, SATURDAY EVENING, SEPTEMBER 5, 1868.

AMERICAN MINISTER AT SHEFFIELD.

l'hc Mayor and Town Council of this borough
determined to avail themselves of the opportunity afforded
by tie %Wit of Mr. Heverdy Johnson to present to hint an
Widnes, and the ceremony took place in the Cutlers' 11311
yl at. nlay in the pretence of a distinguished company of
the town and neighbourhood. The Mayor (Mr. Webster)
presented the following *dike*:

_
fo his k:xcellency the Hon. Revertly: John /ON Envoy
listtatinittaty and Ilini,ter Plenipotentary from the
United State« to the Court of Bt. James :--We, the mayor,
n, and buret:bee...of the borough of Sheffield, desire
to present to you our rongmtulatious on your appoint-
ment as envoy extraordinary, on your appointment as
sueormor to Mr. Adams as envoy extraordinary and
minister plenipotentiary from the United Suites to this
calmly, and our (*Mull welcome on your present visit to
this borough. We are proud to meet a gentleman of your
attainments, and one who holds such a high character
in his own country. The admirable manner in which
your predecessor conducted the international affairs of the
United States with England won tor has the esteem of
.11. This was at a period during whioh grave troubles
were pressing heavily upon the States, and required the
utmost skill and delicacy on his part to avoid complica-
tions. Happily those troubles have coated, and the beet
wishes we can offer to you are that peace and tranquillity
may he over preserved between the United States and
this empire.—llivon under the corporate seal, &c.
Mr. Max Fur= (the Master Cutler) next addressed
the boa. gentleman. Having thanked Mr. Johnson for
the cordiality with which ho had responded to tho invita-
tion to attend the Cutlery' Feast, he spoke of the great
honour which his excellency had conferred upon the
borough by accepting it. Two such countries as Great
Britain and America ought always to be united in the
closest bonds of friendship, and ho hoped that the pre-
sence of Mr. Rovordy Johnson, as American minister, was
an augury that the amicable relations which now existed
between the two countries would long be continued. lie
then read the following address:
_ _

To his Excellency the Hun. Revertly Johnson.--Sir,
We, the master, wantons, searchers, assistants, and oom-
ruunalty of the Company of Cutlers, in Hallamshire, in the
county of York, desire to offer you our sincere and most
Marty welcome to our town of Sheffield. Our commercial
relations with the United States, extensive and important
as these relations are, are daily increasing, and becoming
more intimate. It is not, then, extraordinary that
we should be anxious for the maintenance
of peace and good feeling between our country
and yours ; hut there are still higher grounds on which
we rest our hopes and wishes for the continuance of bar-
meny and a good understanding between the two coun-
tries. We believe it to be the mission of the great race
of which we are two kindred branches to spread civilisa-
tion. and with civilisation happiness, among the nations
of the earth. To enablo us to do this peace
and friendly co-operation are necessary; and they who
conduct the negotiation which must arise between two
us are the chief instruments by which this all im-
portant peace can be maintained and fostered. When,
then, we see ono so distinguished as yourself charged by
your countrymen to represent their interests in our inter-
national negotiations, we feel assured that truth and
honour, kindness and gentle feeling, will preside over and
guide the councils of two people who ought to entertain
towards each other, not merely feelings of friendship, but
the warmest emotions of brotherly love. Entertaining
these opinions, we beg again to give you a hearty welcome
to this hive of industry, and to offer you the right hand of
fellowship.

Mr. Minium JOHNSON. who was inost warmly received,
said—•• Mr. Mayor, Mr. Master Cutler, and gentlemen,
Laving received an intimition that I should be favoured
with the two addresses which have just been presented to
me in public, I took occasion to prepare iu writing an
answer to each ; but as my vision is somewhat impaired,
I am obliged to avail myself of the services of my friend
Mr. Abbott. another servant of the United States, who
will do me tho favour of reading the replies which I have
prepared.

-Mr. ABDOT7 (the American Consul at Sheffield) then
read the following replies:—" Mr. Mayor, Aldermen,
and burgewes, accept my grateful acknowledgments
fur the congratulatory address which you have done
me the honour to present to me. It will be my
wish, and my. government has made it my duty,
during my mission to your country, to do what-
eyes may be necessary in all my negotiations
with your government to preserve peace and tranquillity
between the two countries, and in this I do not anticipate
any difficulty. But I have a difficulty which will be with
me during my mission in the eminent character of my
immediate predecessor. The manner in which be dis-
charged, under very trying circumstances, his mission,
won for him the esteem of his government ; and 1 am
glad to be told, although not surprised to hear it, that it
has also secured him the esteem of your people; and my
utmost ambition will be gratified if I shall prove
able to discharge all the duties entrusted to me w as to
achieve the good name and reputation which he has ob-
tained with the governors and people of both countries,"
The reply to the address of the Cutlers' Company, which
was also read by Mr. Abbott, was as follows :—" Gen-
tlemen, I have listened with much sensibility to the
address with which you have honoured me. Your
hopes and wishes that peace may be maintained between
our respective countries are the hopes and 'ratios of my-
self and my government. lf, as you my, it he the • mis
sion of our race to extend civilisation and happiness
throughout the world," we should be false to it it we fail
to preserve that peace. In the affairs of nations as of
men differences of opinion, unavoidably arise; bat in the
former as well as the latter, to solve them by the sword
is as unreasonable as it is unchristian. Whenever,
therefore. they occur. if they cannot be adjust el by. friendly
negotiation—and I eau hardly imagine a case in which
that may not be done—they can always be amicably
settled by the judgment of some honourable and unpre-
judiced arbitrator; but between our countries, bound
together as we are by cenunon principles and mutual
interests, ail differences that may occur I have no doubt
may be adjusted by ourselves. If either wrongs
the other, or suffers the other to be wronged,
when it could have prevented it, it should not hesitate,
when convinced of the error, to redress the coneopieticee
which may have resulted from it ; and I have so much
costideece in the enlightened judement of your govern-
ment, and of its love of justice—ant I have the like con-
fidence in my own—that I may feel convinced, if
either commit such a wrung, it will, when
satisfied of it. confess it, and do whatever
may be necessary to redress it. I entertain.
therefore, no doubt that all the difficulties which now
exist between the two nations will at the earliest period,
upon terms alike honourable to each, be satisfactorily ad-
justed. I say upon terms "honourable to each," because
it would be dishonourable in either to demand that which
it would be dishonourable in the other to grant, and
as there are no countries more alive to national honour
than England and the United States, it is impossible to
conceive that either would wish, or would be foolish
enough to expect, that any difficulties that have occurred,
or may hereafter occur between them, can be decided
except upon terms consistent with the good name
aid reputation of bath. And at this time we
have an additional security in the character of your
(sued), which is as well known to us as to you. Her good
sense, heraccompliohmente. and the Christian and blame-
less of Ler life cannot fail, I think, to exert es happy
influence in keepitis her government and our own
exempt from the horrors of war. I am fully
aware, gentlemen, of the extent and importance of
the business relations which have so long existed
between your borough and the United States—the work of
your artiness from the orgaMsatiun of our government is
to be found in almost every one of our households. It
Las also in various ways greatly assisted our industry in
all its ',tenches. The beauty end excellence which dis-
tinguish that portion of it adapted to household p
adorn almost every American household. S'luTerct,
therefore, is as well known in New York
and Baltimore as in London or Liverpool. Your
association, organised as I learn in 1624, had for its
original object, us I understand, the use and preservation
of our trade marks. That, however, is now comparatively
unimpretant, for almost everything which you manufac-
ture has a trade mark easily distinguished in its intrinsic
and peculiar velure It hat what is still more im-
portant, greatly. diminished, the hazarde to life
more or less incident to railroad travel by the
steel rails and tyres which you have sent use
and which are now being used more or less upon
all our moat importatit railroads and in the construction
of our leccmotivea. My friend Mr. Roebuck, in his ad-
dress last evening in this ball, stated that one of the
frailties under which the United States laboured in
making an extended suffrage advantageous, was because
of the character of a part of the population which we
have received from the other nations which, to use his
own words, consists of ",a feculent torrent of all the mis-
chief, turbulence, and vine of Europe," and he called me
sea witness. As ray silence may be construed into admis-
sion of the correctness of his statement, neither he nor you
gentlemen, will, I hope, think it outof,place if I now refer
to it. It is no doubt true that bad men and bad women are
to be found inthe United State., bothnative and foreign,but
I euppese that the hon. gentleman would admit that such
specimens of degraded humanity are to be found in
London, and possibly in this borough; but these do not
attest injuriously the gonna) character of the people of
either !reality. Vice, generally the result of ignorance,
is Lei er a match es virtue and intellitteneis
Whew% er there may be of the former in the
l'aited Slates, it has no influence upon the
seneral character of nor people, or tie security nail
just arid enlightened ailministr.ition of our government
federal Sr rtate. Whatever ignorance there ',ley he
aitisiegit the emigrant. who in great number, are
ws.csirsgs.l as, it will MIAMI yi.ld to a well-deli 4.! and rh 1 • L
unavr rid as stem of public echoed.. So his poi a re he
•,1 the eptein, that not ossly is, our large
ells.-. 1..1 :is eiele Isliellet. the 1...1 .ss t:st.tia.ss
b!:.1111. :11111 :Its, 71. 111.1,•,3 v.l 1 Sri
L. •I hew g. 1.111.111111 I. I•i%••11 'll • •,.••111!.
Ili. • .111. A!.l ... • .. 1 •~
1.1,, •..1.
II1•I :1I• ; • .1. • 1. ..,f•I 1.1 • 4. . 4
. Lilllsl of Ol :tl,! 311• 15...1.y ~1 ralii are La .101

this borough. Their labour and tntiagenee, their
industry and mlinteierity have largely contributed to the
piceperity of our country. In oonoluaioa, gentlemen, L
return you my most sincere thanks for the kind and elf
donate terms in which you have spoken of my country and
myself, and I beg you to he soured that whatever " fool-
ing* of friendship or emotions of brotherly love" arc
entertained by you or by your countrymen to-
wards the United States wilt be smotwely moire-
catid. You are tight, gentlemen, in fooling allured
" that truth and honour, kindness and gentle fooling, will
preside over and guide the councils of the two peoplo:-
to suppose otherwise would be to impeach their justioo
and honour.
The proctedings thee terminated.

BETTING IN LONDON.-(TIIIS DAY.)

2.30 P.Y.

A largo amount of business was transacted to.-
day, particularly on the St. Leger, for which Formosa
was made first favourite, and after being backed at 4 to 1
to serve 3001., no more than 100 to 30 was obtainable. At
icaq 2,0001. was invosted on King Alfred at prioes
longing from 7 to 2 to 5 to I, but he be-
came a worse favourite the more he was backed,
and 6 to 1 was still offered at the finish. See-Saw
was in great demand, and supported for a good deal of
money down to 10 to 1. Several outsiders were backed for
considerable amounts—including Orion, Birdseeker, Paul
J 011414 and Athena. The remaining transactions will be
gleaned from the following quotations :

ORRATYORKSHIRE HANDICAP.

3 to 1 apt Tabouret (t and of~
6to 1 Christmas Carol (off, after sto 1
had been t)
8 to 1 Romping Girt (t)
100 to 12 Cap-a-Pie (t)
10 to 1 Paul Jones (t)
ST. J.RGER.
100 to 30 agst Formosa (off, 4 to 1 t and w)
to 1 King Alfred (t and off)
6 to 1 Viscount (t and ofi)
10 to 1 See-Saw (t)
100 to 8 Typhoeua (t and on)
100 to 6 Mercury (t and off)
40 to 1 Orion (t to 204/1.)
40 to 1 -- Cap-i-pie (off, tsoto 1)
1000 to 20 Birdseeker (t)
1000 to 20 Paul Jones (t)
1000 to 20 Athena (t)
1000 to 16 Blueskin (t and off)
1000 to 10 Mysotia (off)
2000 to 16 The Spy (off)
1000 to 16 The Spy, with start (t)
CESAREWITCH.
100 to 6 apt Eastlby (t)
20 to 1 Suffolk (off, t2sto 1)
Beeswing (t)
25 to I The SpeMid (t and off)
28 to 1 Friponnier (off)
1000 to Moleskin (t)
3000 to 30 Ilium (t and off)
1000 to 30 The Spy (t and off)
1000 to 30 Mortemer (off)
1000 to 20 Paul Jones ft sad off)
1000 to 15 Planet (t)
1000 to 10 Blue Gown (t)
CAMBRIDGESHIRE.
20 to 1 on the Field.

SPORTING NOTES.

ANTICIPATIONS OF THE ST. LEGER.

Had all gone well with The Earl (says Belle
Life) we should not have hesitated to declare in his
favour. As, however, the horse is :sully disposed
of, and King Alfred, too, is under strong suspi-
cion, nothing is left for us but to pin our faith, not
without hesitation, on FORMOSA ; and at the termina-
tion of the great struggle that will certainly be made
for pbicee, it is quite on the cards that Mercury or Cap-i.
Pie may obtain a coveted " situation."
On the same theme the Sporting Gi=ette remarks :
" King Alfred has fluctuated between 3 to 1 and 40 to 1,
and is even now in anything but the proper position a
second in the Derby, with the winner not engaged, should
hold. Formosa is simply a nominal favourite ;—and yet
there is nothing that looks like following in the path of
Caller Ou, Oammter, Warlock, Saucebox, and the legion
of outsider that have in days gone by proven victorious
in the St. Lager. Where the winner is to come from, if
the operations against Formosa and King Alfred have any
bonkfide cause, is as great a pilule as it would be were the
event a handicap just framed."
The Are says :—All the likely competitors of Wednesday
next (with thu exception of King Alfred and Formosa) an.
pear to be about one form, and with the doubts that prevail
with regard to the staying powers of the latter, the task
of placing the first three is attended with more than ordi-
nary difficulties. The attempt must be made, however,
the following being our anticipation of the verdict of
Judge CIark:—FORMOSA, 1; KING ALFRED, 2; VlS-
couis"re 3.
The held says:—" In the doubtful list there is nothing
better than Orion, Blueekin, Restitutions and The Spy,
and their chances are not worth considering. Measured
by public form—the !turest of all teats in weight-for-age
racee—the struggle for St. Leger honours should be con-
fined to KING ALFRED and FORMOSA, the better of
whom will be heralded the winner."

.•TheEarl," observes "Augur" Lathe Sport Lffa, "fit
and well at the poet, would have wan the St. Leger, and
with the splendid son of Young Melbourne out of the fray,
there is nothing left but to look for the success of the next
brat public performers of months back and recently, and
the victory, under thinyeirational circumstances, of
VISCOUNT or KING

.` Vigilant, " in the Sportsman, thinks the moult of the
St. Liger will be es follows: KIND ALFRED. 1;
IYPIIOEUS, 2.

&MATCHING OF THE EARL.—This horse (ob-
serves hell's Life), the doings in connexion with whom
have this year been attended with such unenviable
notoriety, was struck out of all his engagements for the
preeent year yesterday (Friday.) For some time past
The Earl, so long the first favourite for the St.
Leger, tuts, not unnaturally after the Derby expe-
rieticers, been lookei upon with extreme suspicion,
his bewildered backers, as they watched the
up and down and down and up movements from day to
day, being in a strait os to whether they ought to "stand
him" or "get out." Now reported as having cracked
heels and unable to raise a gallop, and then despite these
remours coming this week from 3 to 1 to 6 to 4, and then
going away again on Friday to 8 to 1, were suspicious
signs enough; but the Gordian knot was effectually
Fevered by the pen being put through his name at 3.5
p.m., Ids stable companion Lady Eluabeth being struck
out of the St. Leger only at the same time. The Sporting
Gamtli says :—" Ever since the Viscount dropped from
the clouds upon the talent at York, the partisans of the
old favourite,, have been in turn made to tremble in their
rheas by the doings of the metallics. The Earl never
fairly held his ground afterwards, all kinds of excuses
being advanced for the onslaughts that have from time to
time been made on him, but which are neither here nor
there now that the pen has taken up the running from the
pe ueil, and divomd of him altogether." "It is quite
probable," adds this authority, " that the withdrawal of
The Earl, and the uncertain position occupied by King
Alfred, will cause one or two hitherto unheard of to turn
up at the last moment, so that we claim the privilege of
revieintr our list on the eve of the race." "As yet," the
-had rays, "we have heard no reason given for the pro-
ceeding as regards The Earl, which, from the metallic
operations recently performed, has been by no means un-
expected. We hope there will be at least as good a reason
given for meretclhug The Emil from the 84 Leger as there
was in the case of the Derby, bad as that was considered
to be ; but as there is no Grand Prix now in prospeit,we
are at a loss to surmise what the excuse will be."

Tax Luanne:genie or THE MANES. —We are glad to
be in a position to state (says Bell's Life) that negotia-
tions are all but concluded for the match, which ever
since the advent of the north country *culler in London
Las ken eagerly expected by all lovers of aquatics.
Kelley, it will be remembered, challenged on the usual
conditions, viz., that the championship should be
rowed between Putney and Mortlake, adding that
be could listen to no other proposal, and should con-
sider that be might retire with the title of champion
cniess his terms were accepted in a fortnight.
To this Randford rejoined that he would row him home
and home or on neutral water, but Kelley maintaining
the fiim front lie had assumed made no sign, beyond
giving his would-be opponent another week to think over
the matter. The calmness of the champion seems to have
tautened mutters, for Randford wrote him on Monday
cocepting in effect Kelley's original challenge, and yester-
day the articles were sent us for insertion, and simulta-
neously posted to Bandford. We think we may with
safety say that we *hall be able to announce the match as
wade in our next impression." The tenon: of the articles
is, it appears, that the parties are to row on Nov. 17, for
2401. a side, from the Star and (hater, Putney, to the
Ship, at Mortlake ; the editor of Bette Life to be stake-
holder.

luE nu. OF PRIZE PiiIIITING.—On this subject
Ii la's Lift hue the following doleful remarks :—" Another
atteuild to bring off a championship tight has been at-
t. tided by another failure, and although aimed unwilling
to think en. we are fain to confess tied, from the energy
or.; skill 4.1hp1ay..1 by the constabulary, and the stringent
(4dersit.u.sl by the powers that be, there must be a fare.
ui 11 ..t I. ust ter • time to mills for large amounts,
oligh we hop• the long-hotiourod institution of the
not so fir gone a., to he Itopeleedy so. We
(01,1.1 cia.ment for hours on the utility of box-
nee the weaker to peoteet themselves

..te•r :174 w,•Il ItHn:, fl.' crrtitin anti-
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111 se "..AI, it e tle• sr: I! .••..ts as, .-ate wady
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et..... 1 : 1 Ilry 1..:11 1, I 41. 3!...1.1 •4• to
I •:1 55

POLIGIC COURTS.-(111118 DA V.)

CLERXENWELL.

WITOLM•LE SOBBXIIT ALT • PAJJALA.
Elizeteth Brldfss, • fashionably dreamt woman. aged
32, who described herself as managers.. of a fairoy
Wear, at 167, Upper-street, Islington, was charged be-
fore Mr. Barker with stealing a bag, 2 purses, 3 broaches,
gold lockets, 2 twiny hearts. 6 pairs of pear-rings. 3 neck-
buret, soil a quantity of other articles.., the property of Mr.
Isaac Franklin, an importer of foreign fanny goods It
apt eared from the evidence that the prisoner waseanployed
by the complainant as manageress to take care of a
tamer in Berea-road, and after that was olosed she went
to the other in Upper-street, Islington. The prosecutor
bad missed a quantity of articles and the prisoner left in
February to go to another shop. In oonseluenos of some-
thing lie was told List night the prosecutor went to
where the prisoner was at work, and he then
maw she had in her hand a bag whioh belonged
to him. lie told her that it was his ba4
and she would have to open it. This she did, and
in the bag a quantity of articles was found. Ile told the
prisoner he should give her in charge, when she said,
" Oh, don't degrade me, deal give me in charge, I will
give you all the things back." She was given in charge,
end polite-sergeant Herbert Stammers, 4 N, in company
with constable Thomas Tew, 174 N, searched her lodgings
at 19, Barley-street, Besex-road, where they found a
great quantity of fancy articles, which the prosecutor
identified as his pmierty.
The prisooor said she bought the things of her master
at different times, but abe would sooner have the ease
settled at once than go for trial.
Mr. Barker committed the prisoner to the Middlesex
Sessions for trial, and refused bail.
The prisoner was removed to the cells crying.

Barometer corrected and reduced to Se deg. at see level. The
lettere r (rising), f (felling). • (steady), f direction of motion
of the mercury within last 14 hours. Thermometer earned in
shade. Extreme forte with its diruction d • teat t 4 hours.
L.—calm. Weather: b.—blue sky; e. ((Leached) ;
f.—fog ; ; I.—lightning ; (hazy) ; —overeat
dull); ; s.—ettow ; thnorke. snow or hail
), dating last ea hours. Bea diaturbenon

MONEY MARKET.-(THIS DAY.)

ONE O'CLOCK.

The Stock Esc!tango ix closod to-day for repairs,
and no business is consequently' going forward in
public securities.

Tbo rate for the beat bills ih the discount markot
to-day is per cent., with a largo supply of
money offering and littlo domand.

The aim of 36,0001. in bar gold was bought by
the Bank yesterday.
The steamer Pore will take to-day 144,6511.
in spook of which 20,1001. is gold for Point do
Galls+,, 67,1001. gold for Bombay, 6,2161. gold for
Madras, 10,0001. gold for Calartta, 6,0001. gold
for Alexandria, 9,8961. silver for Singapore,
26,7401. silver for Hong Bong, *OOl. silver for
Foo-chow-foo, and 10,7001. silver for Shanghae.
At Paris the rate of discount in the open market
is 11 per cent. • Hamburg, Frankfort, and Brus-
sole, 2; Amsterdam, 2j ; Berlin, 3 ; Vienna, 4 ;
Turin, 41 ; and St. Petersburg, 61 per oont.
The continental exchanges yesterday afternoon
were firm ; and the rates on Holland and Italy
were higher than on last post day. The list is
subjoined :

Ainste/dam, 3 12.04 to 12.1; ditto, short,
11.111 to 11.191 ; Rotterdam, 3 months, 12.03 to 12.1 ;
Antwerp, 3 months, 26.40 to 25.46 • Brussels, 3 months.
25.40 to 26.46 ; Bambro' and Alana, 3 months, 13.101
to 13.101 Berlin, pologne, &0., 3 months, 8.27 to 6.27';
St. Petersburg, 3 months, 32 to 311 ; Paris, short, 26.22
to 23.271 ; Paris, 3 months, 26.36 to 26.40 ; Ma/seines,
3 months 26.374 to 26.40 ; Frankfort-on-the-Maine, 3
months, 1201 to 1201 ,• Vienna, 3 months, 11.621 to
11.871 ; Trieste,3 months, 11.624 to 11.871 ; Madrid, 3
months, 48 to 471 ; Santander, 3 months, 481 to 48 ;
Cad* 3 months. 483 to 484 ;Se • 3 months, 481 to 481 ;
Malaga, 3 months, 481 to 48 ; V • 3 months, 444
to 481 ; Barcelona, 3 months, 481 to 481 ; Bilbao, 3
months, 481 to 41111; Saragossa, 3 months, 484 to 481
Leghorn, 3 months, 27.86 to 27.70 ; Genoa, 3 month,,
27.66 to 27.70 ; Naples, 3 months, 27.66 to 27.70, Pa-
lermo, 3 months, 27.66 to 27.70 ; Messina, 3 months,
27.68 to 27.70 ; Lisbon. 90 days' date, 611 to 611; Oporto,
90 days' date, 614 to 611.
_ _

The Telegraph Construction and Maintenance
Company's steamship Chiltern sailed from the
Thames ou Thursday for Malta. She takes out tho
shore end and part of the main cable for the direct
submarine telegraph line, to be laid by that com-
pany for the Anglo-Mediterranean Telegraph
Company (Limited). The Scanderia, containing
the remaining length of the main cable, will tail
in a few days.

An extraordinary meeting of the City Offlooe
Company (Limited) was held yesterday, when a re-
solution was passed authorising the directors to con-
vert part of their new building in Lombard-street
into an Exchange and News-room, for merchants,
shipbrokers, and others. Another resolution was
also agreed to, reducing the number of directors
to four, and V-eir remuneration from 2,000!. to
1,000!. per annum.

Subjoined are the quotations of insurance,
gm, dock, waterworks, and canal shares, u given
in the Stock Exchange list of last evening:
Insurance.—Eagle, 6 ; Guardian, 51, ; London, 451;
Rock Lifer 111 and 8 for money; Thames and Money
Marine (Limited), 4f.
Oas Light and Coke.—Continental Union (Limited),
161 ; European, 151; Imperial, 41, 4 ; Imperial Con.
tinental, 1001, 100; Western, 141, ex div.
Docks.—Dagenham 'flumes, 113; East and West India,
118 ; London and St. Katherine, 611, 3; Millwall Freehold
Land and Dock, 34; Southampton, 731.
Waterworks.—Berlin, 14; Southwark and Vauxhall, 113.
Canals.—Regent's (or London), 221, 3.

FRIDAY Emma.

Consols, which closed yesterday at 93 13-16 to
94 1-16 for next Tuesday's settlement, opened this
morning at 94 to *, and closed at 93 15-16 to
94 1-16. For money the last price was 93 13-16
to 94 1-16. The Three per Cents. Reduced and
New Three per Cents. were last quoted 921 to
ex div., showing a rise of 1 ; Bank Stock,
245 to 247 ; Exchequer Bills, 135. to 20s,
prem. ; India Five per Cent. Stock, 1141 to 113 ;
ditto Four per Cent., 102/ to 1031, ex div. ; ditto
Bonds, 20s. to 255. prem. ; and ditto Five per
Cent. Debentures, 10.5 to 1. The official business
report is as follows :—Three per Cent. Consols,
for money, 931, 41 ; ditto, for account, 94 ; Three
per Cents. Reduced, 92?, A ex div. ; New Three per
Cents., 921, ex div. ; India Five per Cent.
Stock, 1141, A : ditto Fourper Cent., 1024 ex div. ;
ditto Four per Cent. " enfaced" rupee paper,
92, 11.
Foreign stocks were inactive, and the variations
in prices were neither numerous nor important.
Peruvian of 186.5 were inquired for, and ex-
perienced a recovery of 4 per cent. Italian of
1861 and Turkish Five per Cents. of 1865 im-
proved 4, while Mexican, Spanish of 1867, and
the Orel Vitebsk Railway loan receded 4.
Only a few transactions were recorded in bank
shares. Standard Bank of British South Africa
improved 11., and Land Mortgage of India and
London Chartered of Australia 55.. but Anglo-
Austrian receded ss. Imperial Ottoman were
quoted 1 to 4 prem.
Atlantic Cable shares presented no movement.
Anglo American closed at 201 to A, and Atlantic
Telegraph Eight per Cent. Preference at 31 to 1.
Transactions to a moderate extent occurred in
miscellaneous shares. Electric and Interna-
tional Telegraph and London and St. Katherine
Dock improved 11.; and Company of African
Merchants, Mediterranean Extension Telegraph,
and National Discount, ss. Fore-street Warehouse,
however, declined 10s. ; and Anglo-Mediterranean
Telegraph and Commercial Union Assurance, ss.
Italian Irrigation Six per Cent. Bonds were 11
per cent. higher.
The shares of the financial companies were un-
altered, at the following prices :—lnternational
Financial, 1/ to 1; dis. ; General Credit, 2f, to 21
dia. ; Cridit Foncier, 21 to ; per share ; and Lon-
don, 24 to 23 dis.
In the market for American securities the 6-20
and 10-40 Bonds rose 1 to 1 per cent. ; and
Atlantic and Great Western Railway Conso-
lidated Mortgage, 1. On the other hand, Eric
and Illinois Central shares declined 1. Prices
closed as follows : The 3-20 Bonds, 1882,
711, to 721 ; ditto, 188.5, 701 to ; ditto, 10-40,
644 to 67 ; Erie Railway shares, 301 to 31; Illinois
Central, 90; to 911; Atlantic and Great Western
Debentures, 371 to 4 ; ditto Consolidated Mort-
gage Bonds, 381 to 4.
Some of the Canadian Government Debentures
were in request, and advanced 1 per cent.

GUSTAVUS 111., OF SWEDYN.—GustawuS 111. is
a characteristic specimen of the philosophic royalists of
his time. His ideal of government was an enlightens
absolutism, that is to say, enlightened so far as he chose
to allow it to be enlightened. He was a Voltairian in
'elision, yet a believer in and a praetiser of all the necro-
mantic and magical delusions of esgliostro. There was
uo secret society of which he was not or did not want to
be a member. Be was a freemason, an illuminist, and a
Rorierncian. The Voltairian king had not an oratory in his
palace, but a little closet fitted up with a crucifix, a chafing
dish, and a pair of huge wax candles; and in this history pre-
ends him to us on oneoccarion in a perspiration and in his
shirt performing a cabalistic incantation. He was an im-
mense lover of display, and patronised the arts and
sciences ; be wished also to enjoy the familiarity of artists
and men of letters and philosophers up to a certain point;
be was flattered at a word of approval from Voltaire and
sought for it, but he said when the Vie prir..e de Roi do
l' sour came out, " Vest une bonne lecon pour nous:
voili ce quo cent que de se familiariser trop avec lee
gene qui, par lour nultier, no sont pas tads
pour vivre avec nous. Avec lee gran& on n a rim I
craindre ; on lee retient toujoure par les grime et par lee
peinee ; . . . main avec lee homines qui ne sont que
gene de lettres, ah ! non, non; " He had abilities, but of
a mediocre sort ; his perceptions were quick, but they
were shallow, vain, and frivolous; he was without sense
of moral responsibility, yet capable of acts of unreason-
able temerity ; ho had too, enthusiasm, but it was mainly
for shows, theatrical performances, for cabalistic delu-
sions, for Franee, and the cause of absolutism. Yet it
must be added that on some occasions he showed un-
expected vigour and promptitude of spirit in the face
of danger; that he MOMS to have been very generous,
although it was with his subjects' money and the subsi-
dies of Franco ; and that he appears to have had lovable
qualities, for persons of good taste and feeling speedily
glow attached to him, and his relations with his noviciates
and ministers were friendly and lasting. Perhaps the evil
fortunes of his life'may be summed up thus he had an
indolent, worthless father. a bad-tempered. mischief-mak-
ing. Voltairian mother, an insensible wife, from whom he
lived estranged; and his earliest instructor, when a child.,
was a ViiitiOse., whe lectured taw on the rin...die iarmn.
?mit( and gave hint as a rule in life, " Preuds pour guide
'e seutiment."—hasee's Maga:inf. for September„

MINEW-MHIS DAP.)

OWE O'CLOCK,

- - - ---
The Stock Exchange is cloyed to-day, and in
the ruining exchange uo transaction has been re-
ported in mining shares.
At the meeting yesterday of the Don Pedro
North del Rey Gold Mining Company, a dividend
of 3s. per share was deelarod for tho throe
months, being at the rate of about 85 per cant.
per annum.
The subjoined report of the motel market is from
the circular of Messrs. Von Dadelazon and Norths-.
Willi the exception of an advanoe is tho price of Sootok
pig iron we cannot report any alteration of importance
to the position of the various kinds of metals. Business
oontinues very dull. Iron—The accounts from Wales and
Staffordshire embalm cheerful and the worka are fully em-
ployed ; for both rails and bars higher priees have been paid.
An extensive business has been reported in Rootoh pig iron,
closing price 635. Ad. csa.h and 64.. one month. Copper
is dull, Indian sheets 78!. Beet select and tough are very
unsettled, Barra remains nominally at 801., Wallaroo
714. 10a. to 7W. Chili bars have been done at 67f. Tin
'The announcement of the Trading Company's sale of
tin, which will be held in Amsterdam on the 30th Bsp-
tt color, and will oonssot of 90,300 slabs banca and 1,400
slabs Billiton, has bad a deprerina effect on our market.
Straits has been done at . afloat and 92!. cash. Banos
is nominally 93!. to AN. 10m. In Holland the mart is
quiet at COI fr. English tin steady. Tin plates comlintie
in moderate demand at previous quotations. Lead =mi-
tered, good soft English pig, 181. lba. • L. 8., IW. Speller
without transaction —common brands in London skid
outports, 20!. ; specials, 201. 7s. 6d. ; V and 8,11 M.
nominally.