The Sun.
London, England, 1855-05-08 00:00:00

THE SUN, LONDON, TUESDAY EVENING, MAY B, 1855;

.\.i 0.-t; E Y M. Altli E T

AND
o LIME.ROTAL

CITY, Two o'CLocx.

The Cotton Market at Liverpool yesterday
closed very firmly, and the demand for cotton
continues with unabated vigour. The sales were
estimated at 18,000 bales, of which 4,000 were
taken for export, and 3,000 on speculation, chiefly
Surats. The Railway Share Market was steady.
The question of this year's food supply becomes
more interesting as the season advances, and with
yesterday's accounts from the United States, where
prices are unusually high, there is the greater rea-
son for endeavouring to ascertain what quantity
we are likely to gee nearer home. Notwithstanding
the prolonged winter and the absence of rain up to
this date the young wheat plant is described as
being healthy, and even where the autumn-sown
grain has been destroyed by the winter's frost, the
re-sowing this spring has perfectly succeeded. Upon
all these matters Messrs. Joseph and Charles Sturge,
of Birmingham, give the following interesting de-
tails :--

" During the whole of the past month we have had,
with little exception, cold north-east winds and frosty
nights; vegetation is consequently so extremely backward
that unless the weather from the present time should be
exceedingly fine and warm we cannot have an early har-
vest, but with an immediate change to rain and heat the
crops may still be ready for the sickle sooner than the
average of years. The season has, however, been very
favourable fur sowing all kinds of spring corn : the ground
is not so dry as to prevent vegetation, and the blade is
generally coming up with a healthy appearance. This re-
mark applies also to wheat on land re-sown in
spring, an operation rendered necessary to a consi-
derable extent where the plant was destroyed or
much injured by severe frost in winter. The
supply of English wheat, although still liberal, has
been much less so than during the greater part of the
season that has elapsed since last harvest ; but our
prices were barely maintained so long as a confident ex-
pectation still prevailed that the Conferences at Vienna
would end in peace. Since, however, it has been ascer-
tained that there is little probability of this most desir-
able result, we have had a sudden advance on wheat of
abc ut Bs. per quarter, and rot much disposition on the
part of the growers to sell even at this advance, as they
look forward to still higher prices. There have been
some arrivals of Baltic wheat in London and the Eastern
ports, and a further quantity is on passage. A consider-
able number of grain laden-vessels, which have long since
passed Gibraltar, are also kept out by the north-east winds.
They are principally, we believe, from Alexandria, or
laden with Egyptian wheat and other inferior qualities
of grain, re-shipped from the Mediterranean ports.
Prices have not yet materially advanced in France, the
supplies in the south, added to a few imports from Bel-
gium, having so far nearly supplied the deficiency in the
north. We hear complaints of the appearance of the
French crops on the ground, and it is yet uncertain whe-
ther France will require an import of wheat. Should
this prove to be the case, it is difficult to tell the point
the price of wheat may reach. Although in the event
of ours being the only European country requiring
an import of breadstuffs, we may draw a supply,
sufficient with that remaining in farmers' hands
to carry us on even if the harvest be late,
from the northern ports not yet closed by the war, Spain
and the Mediterranean ; and the case would be alto-
gether altered if Franca should compete with us in
foreign markets. It is now evident that we shall not
receive any considerable supplies from the United States
until they have s, cured another harvest, as by late ac-
counts the he-t Genessee white wheats Lad reached a
price almost unprecedented for that country, of 95 to
100 shillings per quarter ; and Canadian, for forward
delivery, was held at 88s. for 4Solbs., with the stocks
on the seaboard so exhausted that it is probable ail
that will be received from the west on the opening
of the canals will be required to supply the wants of
the Eastern States, which may also take what
we should otherwise have received from Canada.
We believe our millers generally hold light stocks, and
if the consumption of bread had not been for some time
past materially lessened by the distress of cur working
population our prices might have been still higher than
they now are. Our present quotations of wheat, are
English red, 93. Bd. to 103. 2d ; white, 10s. to 10s. 6d.
per 621bs. at Birmingham. The quantity of foreign on
our markets is so trifling that the prices may be con-
sidered nominal. The stock at Gloucester is only 8,400
quarters. The scarcity of green food for cattle and
sheep, caused by the long continuance of cold dry wea-
ther, has increased the demand for grinding barley, but
it has not yet advanced in price more than about 2s. per
quarter on the better descriptions, and there is no im-
provement in the value of inferior qualities."
The accounts from the Baltic state that there
was still a good deal of ice along the shores of
Finland, but the English fleet was preparing for
operations.

The Stock market is necessarily heavy from the
position which political affairs have assumed, both
here and at Paris, the unpopularity of our Govern-
ment leading to the impression that there will be
a Parliamentary struggle era long, and the retire-
ment of M. Drouyn de l'Huys inducing very con-
tradictory opinions, because the reason is not
understood. If, however, it should be proved
that the Emperor is resolute for a more vigorous
policy, the resignation ,of even such an able
Minister will excite the less regret. The failure
of a large speculator for a rise in the price of the
new loan has temporarily deranged the market,
and it is found that there is much more of the Om-
Mum delivered than was expected. The current
value is but to premium, and it seems clear that
not only private allottees, but many of the bankers
and capitalists who largely participated, have re-
alised at the premium. Considering the total amount,
however, there must be still a large amount held by
the original subscribers. Consols have been 88a
and are now 88Lto ft. The New 3 per Cents. have
been 88 and 881, being now STI to Bank Stock
is steady at 209. Exchequer Bills have been ss.
to Bs., and India Bonds ris. premium.

Foreign Securities are very dull. The prices,
however, remain tolerably firm where transactions
have been entered into. Mexican Bonds have been
dealt in at 21, Spanish Deferred at 181,, and the
Certificates at 4. French 3 per Cents. are 68 75,
with the exchange at 25 15. Dutch 2i per Cents.
are 63.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 6 to G ; Mexi-
can, 201 to 21 ; Peruvian, 67 to 69; ditto Three
per Cents., 47 to 49 ; Portuguese Four per Cents.,
11 to 43 ; Russian Five per Cents., 93 to 100 ;
ditto Four-and-a-Half per Cents., 87 to 89;
Spanish New Deferred, 181- to 18g ; ditto Three
per Cents., 361 to 362 ; ditto Certificates, 4/ to 41;
ditto Passive, 32 to 4.
Railway Shares have been flatter, and with some
pressure of sales as regards the English lines. The
East Indian are still in good request, and the
Colonial are well supported. The French Shares
are weaker.

-United Mexican Mine Shares are heavy, the
Joint-Stock Banks merely nominal, and the South
Australian Land very firm.

LRITISFI FUNDS THIS DAY.—CLOSING PRICES.
( From the Official lice. )

liu,lness done
Ftock
37,cr ctn-t. !winced a
3 per Cent. Consols Annuities
,ew :3 per Cent. Annuities
New 23 per Cant. Annuities 74
Expire sth Jan., 1810
Ditto 30 Years, Expire sth April, 1885 Itia
India Stock
1:101,0 .
C rtmols :or Account, 10th May BB3iiii
Omnium
pm exchequer 24d.
£101x)
.2500
8 5
itkaaP
8 5

PRICE OF FOREIGN FUNDS THIS DAY.
:+fexican :3 per Cent.
21 20§
qussian Bonds, 1822, 5 per Cent. £ 5t...,, 98
i2rclinian Bonds, 5 per Cent.. .. : ... ....
zpalosh Bonds, 3 per Cent —
Ditto New Deferred, 3 per Cent lBl
Spanish Committee Cert. of Coup. not fun 4
Turkish Bonds, 6 per cent 73i
Ditto for the Account
, ,IvilellliS 011 the above payable in London.
French Pontes, 41 per Cent. —
Ditto 3 per Cent 6Bf• 75c.ex 25f. 15c.
Oeh,itin Bonds 26 per Cent. ex. 25 fr —
Ditto 4.); per Cent. Ex. 25fr 9oi x d
c utcn exchange, '.: per Cent. 12 tiuit 63
ol
THREE czocE.
Conso:s
Ditto, May Account ...

The total of gold reported yesterday from Australia
is 271,120/. ; the respective quantities being 37,121
ounces by the Anglesey, 17,584 ounces and 300 sous. by
the Constance, and 13,000 ounces by her Majesty's ship
Lily—all from Port Philip. The Anne Foster has
arrived from South Australia, but is not believed to have
brought any gold. From New York the Washington
has brought 25,0001., and a snore considerable sum may
be expected by the America, now due.
SIR R. INGLIS AND THE SPEAKER.—It is somewhat
curious that Sir R. H, Inglis should have been the party
to propose a deputy or substitutc, for the Speaker, in
case of the absence of the right hon. gentleman. The
proposition was an obviously useful as to be readily
adopted ; and the first time it has been acted upon was
ast night, being the first meeting of the house after the
death of the right hon. bart.

LATEST NEWS.

TELEGRAPHIC DESPATCH

FROM

FIELD MARSHAL
LORD RAGLAN.

WAR DEPARTMENT, MAY 7, 2.45 P.M.
Lord Panmure presents his compliments to
the Editor of The Sll9l, and has great pleasure in
transmitting the enclosed intelligence, which has
this day reached him from Lord Raglan :

SEBASTOPOL, 6TH MAy, 9 P.

The enemy assaulted the advanced trench of
our right attack, last night, but were repulsed
promptly.

Our loss was three killed and twenty wounded.

PARIS, TUESDAY MORNING.

Count Colonna Walewski is appointed the Mi-
nister of Foreign Affairs in the place of Drouyn
de Lhuys, whose resignation has been accepted.
Persigny is to be the Ambassudor to London,
in the place of Wadewski.

VIENNA, MONDA,T AFTERNOON.
The Wester Powers have declined the last
proposition, Igt the negutietiong are not broken
off.

The news of M. Drouyn de Llt ayes resignation
caused a slight fall at the Bourses.
The departure of Baron Hess for th© army is
again postponed.

We have also received the fallowing front' our

correspondent at Marseilles :
MARSEILLES, MONDAY EVENING.
The Indus, which left Constantinople on the
30th, has arrived. Her despatci hes will leave by
the 8 o'clock train.
She brings advices from Kataiesh of the 28th

On the 25th, 26th, and 27th the fire on both
sides was suspended, but on the night of the 27th
the fire, both of artillery and scam ,11 arms, was re-

sumed with great energy.
On the 28th there was a sharp fire of musketry-
before Sebastopol. Two batteri 3 had been esta
blished in the 4th parallel.
Some engineer officers had gore ,e to reconnoitre
Kaffa.

Thirty thousand men were prolparing to set out

from the camp at Maslak.

CONSTANTINOPL E, APRIL 30.

The Journal de Constantinople 3 says that ar-
rangements were in progress for an encampment
of 2,500 French artillery and cavalry horses at
Varna. From this it was inferre d that a strong

force would be assembled in Built tria.
Omer Pacha has arrived a Eupatoria, and
made a reconnaissance. The Ryas sians refused an

engagement ; their attack is never' ,heless expected.

MADMD, MAY 7.

To cover the deficit, an ext.rsLoidinary impost
en the goods of the church has b een resolved on.
The resignation of M. Cuesto is .a,ecepted.

GI:1 \MA, MAY 3.

Eight thousand Sardinian troops havo to this
date left our port for Constantin cc iple.

FIANCE,.
PA 6J CIS, MONDAY.
The Patrie publishts a "communicated" article,
announcing that the 4overnmenit has not received
the news from the Crimea publis:Sed by the Patric,
Constitutionnel, and Pays of the 6th and 7th of
May ; that the laEt despatches received by the
Minister of War an dated midnig ht, 6th of May ;
and that they simjly contain di itails of military
service.

The Constitutionnel of yesterday says :—" The
last hopes of peace which attach, ed themselves to
the Cohterences of Vienna are rapi Hy disappearing.
The Eastern question is no longer in Vienna ; it is
altogether at Sebastopol."
The Moniteur atnounces that ti se reigning Duke
of Saxe Coburg Gotha arrived at Paris on Satur-
day, and on the we day dined at the Tuileries.
The Emperor pair; a visit to his .Royal Highness
on Sunday, at the hotel of the PHI ice de Chimay.
The Emperor has granted a peislsion of 4,000 fr.
a year to Madame Bizot, the widow of the Gene-
ral of Engineers' who received kis death-wound
before Sebastopol.
A letter of the 24th ult., from the Camp before
Sebastopol, in the Journal de Constantinople,
says—
" The Flagstaff Battery is completely reduced to
silence, and the South Redoubt is in the same situa-
tion. The Malakhoff Tower only fires' occasionally, to
show that it is still in existence. e breach made
by our shot, on the first day of the bombardment,
in the wall which surrounds the towi i, has been re-
paired by the Russians, and they have even mounted
a cannon on it, in eider to thunder down on such
persons as might attempt to mount it. The same wall
to the right of the first breach, and near ly opposite the
is completely d smolished to a
lengthol d Russian
of
fortybarracks,
yards
yards. Two nights ago the English
troops took possession of the Russia, t rifle pits op-
posite the third bastion, and destroyed all the second
company of the regiment of Chasseu rs of Vladimir
who defended those pits. The batteries 4of the Careen-
ing Bay, called by the French the Vhite Batteries,
have been abandoned by the Russians i and immediately
occupied by the allied troops. Some d ismounted guns
were found in them, which had been !Left there by the
enemy. These batteries had been :strengthened by
General Gortschakoff, and were the see ne of the sangui-
nary contests in which the 31 Regimes t of Zouaves so
distinguished themselves. The capture of the White
Batteries is of the greatest importanev 3, as their guns
played on the rear of our works."

The Independance Belgesays that, Abd-el-Kader
has applied to the French Government for permis-
sion to visit Paris, to see the Greutt Exhibition,
and that the request will doubtless be granted.

BOURSE, MAY 7.—CLOSING PRICKS.
Cash. fr. c. End of Month.
44 per Cents 93 50 93f. 50c.

3per Cents 6B 30 68 30
Credit Mobilier 777 80 Roman ...
Credit Foncier -537 50 Austrian
Belgian Fives ...... .. '— Spanish Threes 37
Piedmontese. .. 85 50 Home Debt 3ll

tator's) daughters, and both of whom he calls his most
devoted friends. In other clauses the Emperor expresses
his thanks to a number of other persons whom he names
as being his devoted friends and servants ; among
them he mentions Prince Paskewitch, Generals Orloff,
Tchenicheff, and Menschikoff, M. de Nesselrode, and
thanks them all in the warmest manner for the services
they have rendered to him and to the State. In one
clause, which is particularly addressed to the Em-
peror Alexander, the will says :—"I am convinced that
my son, the Emperor Alexander, will always remain
a tender and affectionate son, as he has always
been to his parents ; and this duty will become still
more sacred for bin when his mother is alone. In his
relations with his brothers, my son must unite the
indulgence called for by their youth with the neces-
sary firmness of a father of a family. He must
never suffer any family quarrels which may be
prejudicial to the service or even to the State,
aid should such circumstances unhappily arrive, he must
remember that he is Emperor, and that all other mem-
bers of the family are his subjects." The will concludes
by a clause, in which the Emperor begs all those whom
he may have unintentionally offended to forgive
him, as he forgives all who may have offended him. He
expresses his regret that he has not been able to accom-
plish all the good that he could have wished, and begs
all his friends to offer up their prayers for the repose of
his soul.