The Sun.
London, England, 1855-06-06 00:00:00

rHE SUN, LONDON. WEDNESDAY EVENIr,:(3 JUNE 6 185

fortifications of Sebastopol ; not a word of any-
thing that Russia cared about, except the limita-
tion of her navy. That was confessed to be most
easily evaded ; all the rest consisted entirely in
drafts on Russian honour, frankness, and since-
rity ! The Conference at Vienna has convinced
us that secret diplomacy can never more be
trusted, that Plenipotentiaries need instructions
from the House of Commons, and that no treaty
ought to be ratified without consent of Parlia-
ment.

MONEY MARKET

.Q,T)

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Cotton Market at Liverpool yesterday
closed with a very animated feeling, at the
full advance of 4d. per lb. for all descriptions of
cotton. The sales were estimated at 15,000 bales
(10,000 of which were taken on speculation and
for export). The Railway Share Market was
rather lower.

In a statement of the aggregate importations
into the United Kingdom of sugar, the quantity
for 1854 is given at 3,619,306 cwts., against
2,293,878 cwts. in 1853. The distinction between
colonial and foreign samples is no longer observed
in the entries since last July, when the duties were
equalised.
The rates of duty upon sugar have been sub-
jected to constant changes for years past. Never,
in fact, does any article appear to have been more
interfered with. In the year 1800, British West
India, brown or Muscovado, was charged 1/. per
cwt.; in 1813, V. 10s. ; in 1845, only 14s. ; in
1848, 15s. 2d. ; in 1851, 11s. Bd., and in 1853,
13s. 5d., and since July, 1854, 17s. 4d.
and 16s. have been the rates on all descriptions of
whatever growth. Since the year 1800, Foreign
has been charged as high as 3/. 3s. In the year
1800 the total consumption in the United King-
dom of all sugar was 2,156,196 cwts. ; in 1853 it
had risen to 7,272,833 cwts. ; and in 1854 was over
3,000,000 cwts. The net revenue, therefore,which
was but 2,162,1411. in the year 1800 was last year
over 4,700,0001.

The Evening Star, from Melbourne, brings about
16,0001. in gold. The yacht Mystery had arrived
out in rather less than 4 months.

The English Stock Market has been feeble, and
prices are scarcely so high. At the commencement
of business Consols were quoted 911, and they
have since been 91, I-. The decline yesterday
afternoon in the rates for bills of exchange upon
the principal continental cities has been one of the
causes assigned for the existing heaviness, especially
as a small amount of gold was taken for exportation.
The bulk of the last receipts of gold, however, has
been delivered at the Bank of England. Paucity of
business, now the public buying for investment is
over, and the fact the Bulls have large amounts
out, causes the present lull. Bank Stock is firm at
210. Exchequer Bills have been 20s. to 235. pm.,
and India Bonds 225. pm. East India Stock is at
235 to 238. Nothing has been done in the Om-
nium.

Foreign Securities have been dull, and even
Turkish have receded, being 81 to 821. Mexican
bring 22, and Peruvian 3 per Cents. 481. Bra-
zilian Old Bonds have been marked par. Spanish
Threes are 382, and the Deferred 181 to 2. Dutch
2-1 per Cents. realised 641 to 652.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, WI to 71; Mexi-
can, 21i to 221 ; Peruvian, 68 to 70; ditto Three
per Cents,, 48 to 50 ; Portuguese Four per Cents.,
43 to 45 ; Russian Five per Cents., 99 to 101 ;
ditto Four-and-a-Half per Cents., 89 to 91 ;
Spanish New Deferred, 182 to 18:1 ; Ditto 3 per
Cents., 38 to 381; Ditto Certificates, 4 to 4± ;
Ditto Passive, 8 to 41.
The railway meetings announced are the follow•
ing

Company. Date. Place.
Bristol and Exeter June 6, Bristol.
Central Penins. of Portugal June 15, Portugal.
Furness
London and North-Western June 13, Euston-station.
North-Eastern June 2, York.
Royal Swedish July 5, Gottenburg.
Royal Danish
St. Andrews and Quebec,
(Class A)
With less business doing sales of shares are
rather pressed, and prices consequently are lower.
The decline is not material, but it corresponds to
that which has occurred in the English funds. The
Caledonian, Great Western, and Midland have all
been lower. Foreign Shares in some cases very
active. Antwerp and Rotterdam are k to
lower. Great Western of Canada have advanced
10s. to 15s. The Belgian lines are not quite so
good.

In the Mining Market the transactions have
been in the Brazilian at rather lower rates, and in
United Mexican at a slight decline. The Joint
Stock Bank shares are quiet at barely the previous
rates. Crystal Palace shares are about the same.

BRITISH FUNDS THIS DAY AT ONE O'ULO.
(Fror4 the Official Lie.)

Business dol.)
Bank Stock
3 per Cent. Reduced
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire 10th Oct., 1859 3 11-16
Ditto 30 Years, Expire sth April, 1885 164
India Stock
India Bonds, £lOlO ...
Consols for Account, 10th July 914
wx,heriner Bills, 24d.

Z',;oo
23
En tall

Exchequer Bonds 1858, 3i per Cent. look
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent lOO
Ditto Small
;Lrexican 3 per Cent
Peruvian Bonds, 3 per Cent.
Russian Bonds, 4l per Cent
Ditto Small ...... ........
Spanish Bonds, 3 per Cent 33
Ditto New Deferred, 3 per Cent lBl
arkish Bonds, 6 per cent
Ditto for the Account,
Pividends on the above payable in London.
9ntch Exchange, 2i per Cent. 12 Guil
Ditto 4 per Cent. Certificates
HALF-PAST TWO.
Consols
Ditto Account, 10th July olk a

THE EXPEDITION TO THE SEA OF

AZOFF.

• CONSTANTINOPLE, May 28.—The Banshee has just
arrived, bringing news which gladdened the heart of
every Englishman. Kertch was taken on the Queen's
birthday, without firing a gun. The whole of the
correspondence between the Governors of Kertch
and the military authorities, together with the
archives of the place for many years, were found
floating in the harbour by a midshipman of the
Royal Albert, and are safe in the possession of
the English. From these it appears that the want of
provisions was much felt in the Crimea, bread having
risen to double its former price. A letter was found
from the Russian Commander-in-Chief, ordering the
immediate preparation of an hospital for 16,000 !sick
and wounded, a proof that the Russians expect
not only an unhealthy season but a bloody campaign.
The possible bare particulars are as follows :—On the
23d a mixed force, consisting of 10,000 French, 5,000
Turks, and 3,500 English, left Kamieih and Balaklava.
The expedition entered the Straits of Kertch on Thursday
(24th) and reduced the forts of Ambalaki, the enemy aban-
doning the place and blowing up five magazines. The
gunboats silenced the Pavlovskaya battery, destroyed
Russian 'gun-boats, and took a number of small brigs.
The garrisons of Kertch and Yenikale, said by some to
be 10,000 strong, by others to amount only to 2,000,
were seen to leave and fall back into the interior by the
southern road. Meantime, the troops landed without
opposition at Ambulaki, where they bivouacked for
the night. They then moved in towards Kertch. Dur-
ing this time the gun-boats were actively engaged beat-
ing up the Tarnanskoi Gulf, and in reducing the forts
on the sand-bank. All the inhabitants fled, and many of
the houses were burning on Thursday. By 3 o'clock on
Friday, Kertch and Yenikale were in the hands of the
Allies, with all the guns in batteries and the stores. The
flotilla at once entered the Sea of Azoff, which it will
penetrate up to within 20 miles of Taganrog. The ene-
my had entirely disappeared by Friday evening.
Nearly 3,000 men have set out from Varna to form
the nucleus of the Turkish Contingent.