The Sun.
London, England, 1855-04-20 00:00:00

of the military authorities, to Courland, where they will
run less risk of being captured by the Allies. The for-
tifications of Dunamunde, which the latter will be
obli,.ed to destroy, in order to enter the small Gulf of
Riga, have been considerably extended since last year.
At this moment a multitude of labourers and Russian
soldiers are employed in completing the new work of
defence, and batteries have been erected all round the
Gulf, at the extremity of which the city of Riga is situate.
Supposing the Allies to succeed in destroying the forti-
fications of Dunamunde, the ships of war, owing to their
great draught of water, will experience considerable
difficulty in entering the lake, where they will run the
risk at every moment of sticking fast in the mud. If,
as we have been assured, it is the intention of Admiral
Dundas to take possession of Riga, and establish him-
self there, he must attack the town on the land side,
and consequently bring out an army to land in the
neighbourhood. Now, Russia has ordered the construc-
tion in and near Riga of a powerful force to protect
and defend that part of the empire, which, when
all the corps belonging to it shall have arrived,
towards the 15th of May, will amount to at least
120,000 men. The Commander-in-Chief of the Baltic
army, General Siewers, has established his head-quarters
at Mittau, at some distance in the interior of Courland,
where he is constructing an extensive entrenched camp,
defended by lunettes and detached forts. Two divisions
of infantry, three batteries of flying artillery, and as
many regiments of light cavalry, will be shortly assem-
bled there, and thence they can be rapidly marched to
the point of the coast most immediately menaced by the
fleet. The plan of campaign of the Russian army, on the
shores of the Baltic, was drawn up and brought to St.
Petersburg by Marshal Paskiewitch, when he last visited
that capital, and the late Emperor Nicholas gave it his
entire approbation. Enormous quantities of beams of
oak, deal, and other timber bad been sent to Mittau to
be used in the works of defence of the town and en-
trenched camp. M. de Struve, the Russian Minister at
Hamburg, has left on a mission to St. Petersburg, and
will return to his post in a few weeks."

f,IY 04'4411 1171fraltiv-iott
e v. 10.4

SHARE I
(THIS

ARKETS.
DAY.)

A.IALTON RACES.

BAIL

(THIS DAY.)

UAILWAIJ.

(BY ELECTRIC TELEGRAPII)
LANGTONPSTAKES.

Notre Dame
Ernest Atherley

Three ran.
CONVIVIAL HANDICAP.

Hobbyhorse
Medway

Seven ran.
TALLYHO HANDICAP.

Trio
Diligent
SCURRY HANDICAP.

Tom Perkins
Medina

Four ran.
WELHAM CUP.

Sir Henry ......
Lunatic

Seven ran.

iN'IONF Y MA RKET

AND
COMMERCIAL TNT. ELLIOENCE.

CITY, Two O'CLOCK.
The cotton market at Liverpool yesterday
closed very firmly, and with a hardening tendency
at the extreme prices of last week. The sales
were estimated at 10,000 bales (1,000 of which
were for export, and 2,000 on speculation), com-
prising 250 Pernam and Maranham at Sid. to
; 150 Bahia at 6d. to 61d.; 250 Egyptian at
6d. to 9d. ; 1,000 Surat at 3id. to 4d. ; and GO
Sea Islands at 101 d. to ls. 6d. per lb. The Rail-
way share market was firm, but very inactive.
In the early part of the week there was a
fair demand for colonial produce, but the market
generally has become quieter since. For sugar,
both British Plantation and, Foreign, full prices
have been paid. Plantation Ceylon coffee has
realised 1 per cent. advance, but Native has ruled
dull. Tea, at public sale, went slowly, and rice
has been dull. Not much has been done in spices,
but they are not cheaper generally. The inquiry
for rum has been limited. Saltpetre has not at-
tracted much attention, and tallow has tended up-
wards. The colonial wool sales commence May 3.
There has not been a large business done this
week in the public securities of the United States,
but the quotations are firm, being as under :—.

A letter from Posen of the 13th, in the
Universal German Gazette of Leipsick, says
that, in consequence of recent movements of
troops, the left bank of the Vistula is almost
without any troops, that the frontier town of
Kalisch has only a garrison of 40 men, and that
on the other points of the frontier only the
ordinary guards remain. The letter adds that
the troops which were on the frontiers of Gali-
cia have been removed into the interior, on
account of the typhus prevailing in that province.

A letter from Smyrna of the sth states that on
the day before Suleyman Pacha, the governor,
assembled at his palace all the civil, military,
and religious authorities, together with the drago-
mans of the Consulates, and caused to be read to
them, in obedience to an Imperial firman, the new
laws drawn up by the Council of the Tanzimat, for
preventing, under pain of imprisonment and exile,
all public functionaries of whatsoever degree, from
accepting bribes ; and for punishing persons who
offer bribes. Suleyman Pacha afterwards delivered
a brief address, calling on all the persons present,
not only to observe the laws, but to assist him by
all means in their power, in endeavouring to extir-
pate bribery and corruption. A prayer for the
Sultan was then offered up by the principal Mufti,
and the assembly dispersed with cheers for his
Majesty.

Redeemable. Per Cent.
United States 6 per Cent. Bonds 1868...107 108
United States 6 per Cent. Inscribed
Stock 1867-1868...106 107
New York State 5 per Cent 1858 to 1860... 90
Pennsylvania 5 per Cent. Stock .BO 82
Pennsylvania 5 per Cent. Bonds 1877... 84 85
Massachusetts 5 per Cent. (Sterl. Bonds) 1868-102 103
Maryland 5 per Cent. (Sterling Bonds) 92 93
Alabama 5 per Cent. (Sterl. Bonds) 1858-9.66... 83 84
irginia 5 per Cent. (Sterling Bonds) 1888... 87 88
Virginia 6 per Cent. Bonds
Canada 6 per Cent. (Sterling Bonds) 1876 —lOB 109

LOANS OF CITIES.
Montreal 6p. Cent. (Suer. 80nd5)...1857--1865... 83
New Orleans 6 per Cent. Bonds 1893... 80 82
Do. do. do. 1874... 78
Do. do. do. 1854... 72 74

RAILROAD BONDS.
Illinois Central 7 per Cent. Bonds 1875... 68 70
rMainchamigaan7CreenrtcraelnBt.,pelret mCenotr.tag
Bgoneds ... 90
(Ster-
ling Bonds) 1859... 94 95
Pennsylvania Central 6 p. Cent. Mortgage
Bonds 1880... 88i 89
New York and Erie 7 per Cent. 3d Mort-
gage, Convertible 1883... 83 85
N. York and Erie 7p. Cent. Convertible 1862... 79 81
N. York and Erie 7 per Cent. Sinking
Fund ... 78 80
The taking of the loan at the Treasury this morn-
ing occupied but a short time, and, as was expected
from the desire of capitalists to act in common,
there was but one bid. This in substance gives
the subscribers, for every 1001. which they lend
the Government, one hundred 3 per Cent. Stock and
an annuity of 14s. 6d. a-year for 30 years, equivalent
to taking Consols at something under 88. The
terms would probably have been higher if more
definite intelligence had this morning been re-
ceived from Sebastopol or Vienna, and considering
what political uncertainty prevails, and that 16
millions is a large amount, the price is as high as could
be expected, at least under the present system
of contracting. Whether an open subscription at
the Bank of England would have enabled the
Chancellor of the Exchequer to obtain more, it is
difficult to say, seeing the tardiness of the English
people to fall into any novel plan. The great
banking houses have generally subscribed for large
sums through Messrs. Rothschilds, a West-end
firm being named as taking more than a million,
and many of the City bankers as much. If there
had been any difficulty in making up the total
sum, the Bank of England was prepared to co-

operate.
The scrip of the new loan (the " Omnium") has
been dealt in this morning at 1 and 11 premium,
and since at 1k to 11 premium. The Terminable
Annuity sells at 161. to 161. 10s. for 11. of annual
interest continued during the thirty years.
The relief experienced by the Loan being taken
should have caused the English Stock Market to
open more buoyantly, but the foreign news is still
looked to with anxiety. Consols have been 90 to
90/, and since down to 891 g . The New Three
per Cents. have been 89 to 891, and the Reduced
at 881. and 88k. Bank Stock is steady at 2111.
A good deal of money business has been done, and
those who have allotments of the new loan must
in some instances sell their old stock to meet the
instalments. Exchequer-bills are 4s. to 10s., and
India Bonds 15s. premium.
Foreigns Stocks are extremely dull, and without
particular variation. Turkish Bonds have risen
to 74i ; Portuguese, ex all over due coupons,
are 381, being flatter ; Austrian Bonds are quoted
to 65 ; Dutch 21 per Cents. are steady at 62/, and
the 4 per Cents. at 91/.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 64 to 61; Mexi-
can, 201 to 21 ; Peruvian, 69 to 71; ditto Three
per Cents., 48 to 50 ; Portuguese Four per Cents.,
11 to 43 ; Russian Five per Cents., 98 to 100;
ditto Four-and-a-Half per Cents., 88 to 90 ;
361 to 361; ditto Certificates, 4k to 5i ;
Spanish New Deferred, 18i to. 18i ; ditto Throe
Business in Railway ditto Passive,perCents.,
cir-
cumscribed. 3rh
to
4k.
Shares is likewise very
current quotations show very
little alteration from those of yesterday. The
Foreign lines are nominally firm.
Inmovement
the Baiks , Nlines' or Land Shares there is
noto notice.
material

BRITISH FUNDS THIS DAY.---CLOSING PRICES
(From the Official lig.)
. 3i 1546
11-16
Business done
Bank Stock ... 2llk
$ per Cent. Reduced Annuities..... ••• 88/ iil3 i a
,i,
3 per Cent. Consols Annuities 90 90 :1 84 4 i sl 1
New 3 per Cent. Annuities
Expire6.DugittAcn3nOuiYtieeas;s,
Ditto 30 Years, Expire sth Jan., 1860 4
Ditto 30 Yams, from sth April liii
Expi
15.0th10..italui . ,
0ct.,i51859
3i
Into; Bends, .4.:10c0 ... •• •
Ditto, under t 1.300 l5
lo.isols .'or Account, 10th May 9O .1 894
Cranium
totenequer Bills, lid.
.1000 . • ~...... ......
Facchequer Bonds 1858, 3. per Cent..,..,, 99k
Ditto 1859, ~
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent —
Ditto Small
Portuguese Bonds, 5 per Cent., Cou. 1811
Ditto ex. all over due Coupons ...
'ardiniau Bonds, 5 per Cent. . ... ...... 87
ipanisli Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent. lBl
Turkish Bonds, 6 per cent 74a
Ditto for the Account...
..i,,i.ndc or, th, above payable in Lamm.
Austrian Bonds 5 per Cent. Cu.lo
n
—P. ....... 65
~I).tee Ractlauge, 2t per Cent. 12 Gull. .... 624
Ditto 4 per Cent. Certifieates ........ 91A
THREE O'CLOC
Consols
/
Ditto, May Account . B9

CHRIST CHURCVI COLLEGE.—EIeven gentleman of this
college were on Friday and Saturday last engaged in a
very interesting match at cricket, on the Christ Church
ground (the first of the season at Oxford) with ten of the
servants employed at the college and Martin the Kentish
cricketer given. The gentlemen obtained 68 and 68, of
which number It. Orlehar, Esq., marked 19 and 10 ; W.
Fellows, Esq., 6 and 20 ; 13. A. Pickard, Esq., 6 and
18 ; the Hon. Mr. Vernon, 10 and 2. The servants 50
and 78, of which Martin wrote bd. Piggott 18 and run
out 40. The gentlemen, it will be seen, were victorious,
with 8 runs to spare. After the match the players sat
down to an excellent repast, provided by Martie at the
`White House.

THE-SUN, LONDON, FRIDAY rEVrNING, APRIL 20, 1855.