The Sun.
London, England, 1855-10-20 00:00:00

vq,brttiton

SUN OFFICE, Six o'Clock.

TATTERSALL'S.—(This Evening).

CAMBRIDGESHIRE.
7 to 2 agst Crown Pigeon (taken and offered)
9 to 2 agst Flatterer (5 to 1 taken)
9 to 1 agst Veteran (offered)
11 to 1 agst Flacrow (taken freely)
100 to 8 agst Vandyke (taken)
12 to 1 agst Robgill (taken)
20 to 1 agst Pole Star (offered)
25 to 1 agst Lord Alfred (take 30 to 1)
50 to 1 agst Blooming Heather (taken)
50 to 1 agst Lady Tatton (taken)

DERBY.
20 to 1 agst Peter Wilkins (taken)
20 to 1 agst Artillery (taken to 5001.)
20 to 1 agst Rogerthorpe (taken).
1000 to 15 agsb Bucolic (taken).

ARRIVALS AT NEWMARKET.

Hebe 2 yr, Yellow Jack,' Queen's Head, Ariel, Pyrrha,
Findon, Little Harry, Barrel, Blooming Heather, Fla-
crow, Goldfinch 2 yrs, Blue Mantle, Cineas, Bucksfoot,
Shelab, Robgill, Matilda, Mortimer, Vine, Romeo,
Usurer, and Ghika.

PROROGATION OF PARLL

( From a Supplement to Friday's Gazette.)

At the Court at Windsor, the 19th day of October,
1855, present, the Queen's Most Excellent Majesty, in
Council.

It is this day ordered by her Majesty in Council that
the Parliament, which stands prorogued to Tuesday the
twenty-third day of October instant, be further pro-
rogued to Tuesday the eleventh day of December next.

NAVAL INTELLIGENCE.—(This Day.)

MEDAL AND GRATUITY FOR CONSPICUOUS
GALLANTRY.

ADMIRALTY,• Saturday Evening.

The Lords Commissioners of the Admiralty have this
day been pleased to grant a medal and gratuity of 151.
to John Shepherd, boatswain's mate, late of her Ma-
jesty's ship St. Jean d'Acre, now belonging to her Ma-
jesty's ship Rodney, for conspicuous gallantry, in endea-
vouring to set fire to the Russian ships in the harbour
of Sebastopol, by means of an exploding apparatus, on
the nights of the 15th of July and 16th of August, 1855.

The following appointments have also been made
at the Admiralty this day :

Commander J. E. Elliot to be temporary agent of
transports at Portsmouth.

Lieutenant John C. Wells to the Excellent.

Lieutenant H. B. Everest, additional of Flag-ship at
Portsmouth, for service of transports, vice L. A. Parks,
appointed additional to Saturn, for service at St. Anne's
Head.

Assistant-Paymaster W.ll.Thompson to the Penelope.
Assistant-Clerk John A. Marston, to the Magicienne.
The Rev. J. L. Moore, chaplain of the Illustrious, to
;he Euryalus.

The Rev. W. S. Davis, to be chaplain to the Illus-
trious.

The Rev, E. Good, chaplain to the Royal Albert,
for disposal.

Mr. T. B. Sullivan, naval instructor of the Tartar, to
the Euryalus.

Mr. A. C. Johnson, naval instructor, to the Tartar.
Mr. G. S. Burch, naval instructor, to the Eurydice.

STATE OF TRADE.

(Prom the Manchester Guardian of this day.)

MANCHESTER, Oct. 19.—Yesterday week, when the
merchants assembled in our Exchange room, between
one and two o'clock, were expecting every moment to
hear that the Bank of England had given the monetary
screw a long turn, and were looking somewhat gloomy
in the anticipation, they were relieved by the intelligence
that no change had been made. In the market of Tues-
day last, there was, consequently, a little more cheer-
fulness, and although extreme caution was still the domi-
nant feeling there were buyers who ventured upon offers,
few of which, however, were accepted. Yesterday, when
no alteration was looked for, certainly none of much
severity, the announcement that the rate for discounting
bills was six per cent, up to 60 days' date, and seven
per cent. anywhere from 60 to 95 days, seemed to give
everybody a sort of galvanic shock. Coupling this mea-
sure with the statement that the directors had prayed
the government to authorise the issue of a large amount
of notes, without placing against them an equal sum in
gold, people began to fall into rather anxious forebodings
as to difficulties ahead, which might be discernible from
Threadneedle-street. At once a stop was put to busi-
ness. Buyers closed their order-books, and recalled any
unaccepted offers which they might previously have
plucked-up courage enough to make for yarns or goods.
There is, of course, some business which buyers may deem
it necessary or advisable to effect ; but, in these cases,
a further abatement of price is insisted upon on the
one side, and conceded on the other, by this or that
seller. In this respect great irregularity prevails, in
consequence of the very diverse situations of pro-
ducers ; for, while many are still pretty well supplied
with orders, not a few are approaching their last deli-
veries, and others see more or less of actual aceuniula-
tion going on. With the exceptions referred to, how-
ever, the merchants and dealers having no idea what
prices may be safe, consider it to be their wisest policy
to continue narrowing their liabilities, and bringing
their resources under command. Pursuing this course,
which is the one of safety, and the one to help on a reac-
tion, the mercantile classes in this city generally disap-
prove of the measure sought from the Government by
the directors of the Bank of England ; and we hear of
the same disapprobation expressed by spinners and mann-
facturers from various parts of the district, who see in
the proposed course a stimulus to that very exportation
of the precious metals which is the evil complained of.
The India letters are not generally come to hand. We
have, however, conversed with one eminent merchant
connected with Bombay, who has received advices from
that market, and we learn that the long drought had
at length been succeeded by commencing rains, and it
was hoped that the progress of the monsoon would be
such as to rescue the crops from the destruction which
had appeared to be impending, and to give an impulse
to trade. The telegraphic statement of the week's busi-
ness in the Liverpool cotton market, which is given on
'Change for the information of subscribers, is so mani-
festly incorrect—so much more incorrect, even, than
usual—that we decline copying it.
NOTTINGHAM, Oct. 18.—The improvement in the lace
trade wo noticed last week continued for plain goods and
a few descriptions of fancy articles, but the generality of
houses engaged in the fancy trade complain of inactivity.
Low priced articles in hosiery goods are chiefly sought
for, while wrought or fashioned hose are but in little
demand. There is not much doing in yarns, and prices
are irregular.