The Sun.
London, England, 1863-12-04 00:00:00

The Gale.---Lifeboat Services.

TENET, Thursday Night.—At daylight this morning,
the weather being moderate, several cod boats went off to
their fishing lines as usual. Suddenly, about 9 a.m, it
came on to blow a very severe gale of wind from the
N. N. W. The larger, fishing boats managed to reach the
harbour before the height of the gale,,but two of tha smaller
boats were obliged to let go their grapnel, and gradually
drove to leeward. It soon became evident that unless
prompt measures were taken the boats and their crews would
be lost, and the Tenby lifeboat, of the National Lifeboat
Institution, was, therefore, immediately launched to their
assistance. The lifeboat made sail and succeeded in getting
the crew, of three men, of one of the boats on board. In
the meantime the smack Emma, with ten hands on board,
seeing the lifeboat had gone to the rescue of the crew of the
boat furthest to leeward, gallantly started off and succeeded
in rescuing the crew of the other fishing boat. The lifeboat
was reported to have behaved most satisfactorily. The cost
of this lifeboat was presented to the Institution last sum-
mer by F. 31agenis, Esq., of the Royal Thames Yacht
Club.

HOLYHEAD, Thursday Night.—.We have had a most
disastrous day here. Several vessels are ashore in the bay,
and it is feared that all will be perfect wrecks. What is
worse, we have had great loss of life. The lifeboat of the
National Life Boat Institution was out this morning trying
to afford succour, but the wind and sea completely mastered
her, and compelled her to return to the shore.-5 p.m. The

lifeboat has gone out again to see what can be done for the
disabled seamen, but it is feared that the continued violence
of the storm will prevent succour being afforded to more
than one schooner, whicb has a signal of distress flying.
SWANSEA, Thursday Night.—It is blowing a very heavy
gale, and the new lifeboat recently stationed at Swansea by
the National Lifeboat Institution has been launched in
reply to signals of distress, to the assistance of the barque
Duke of Northumberland, laden with copper ore, which is
'on shore at the entrance of our harbour. The tide is still
falling, and at present the crew of the vessel are compara-'
tively safe, but when the tide rises again it will be night,
and with the violent gale now blowing they will be in great
danger. The lifeboat iatherefore in attenthitice on the vi.s-
sel, iu order.to bring off the crew if required. It is supposed
that the barque is bilged..
EASTBOURNE, Thursday Night.—Yesterday morning,
during very wild weather, two small fishing boats went off
to fish. Whilst thus engaged a heavy gale sprung up from
W.N.W,, during the prevalence of which one of the boats
hoisted a signal of distress, upon which the lifeboat of the
National Lifeboat. Institution stationed here was at once
launched, with a view of rendering assistance, but before
reaching the scene, however, both boats had been driven
ran ashore in safety. many miles to leeward, and ultimately

•
TOM TIDDLER'S GROUND t.--We once heard a
great millionaire repeat with much naivete a piece
of advice which he had received from the first Lord Ash-
burton. " Always (said that great merchant) keep a ba-
lance of £lOO,OOO at your bankers." If there are any City
capitalists of a bygone generation who follow this advice,
what halcyon times do they not live in I The Bank of
England pursues an uninterrupted career of prosperity.
It regulates the monetary concerns of the Continent. and
playa the role of monarch of the kingdom of finance, to the
honour of its directors and the signal profit of the concern.
The shareholders, with Bank stock at £235-237, have at
least no reason to be dissatisfied. The great London
bankers buy landed estates, pdrtion their daughters liber-
ally, pay their income tax cheerfully, and bequeath a bulky
and highly satisfactory piece of parchment to the care of
Doctors Commons. The joint-stock banks divide fa-
bulous profits and bonuses, and furnish a " sensation"
section to the ordinary City quotations. A London and
Westminster share, upon which £2O has been paid, may, it
seems, be bought for the ridiculously small figure of £79.
A Union Bank share, on which £l2 has been paid, may be
had for £39. A sbare in the London Joint-stock Bank, on
which £lO has been paid, may be bought for £37. The
London and County Bank has called up £2O on a share
which cannot 'be bought for £55. The City Bank has
called up £5O per share, but the share may be sold for £llO.
The Provincial of Ireland £25 shares are at £92. It is
needless to exhaust the catalogue, but it is clear that me-
tropolitan bankers and bank nutnagers are at present in
high feather. The more adventurous capitalists, with
money at command, turn:up their noses at 5 per cent., so
great is the seeming sebum-fa-bee of more profitable invest-
ments. Yes I these are bright days for gold.—London
Rer few.