The Sun.
London, England, 1862-05-30 00:00:00

COMMERCIAL INTELLIGENCE.

Shirtings firm and active ; 5r 13a. Mule
twist has decidedly improved ; 40's are quoted Ilia
per lb. Cotton—Higher prices demanded. Broach,
240 r; sawginned Dharwa, 275 r. Copper dull.
Malwa opium dull, at 1,580 r per chest.
Exchange on London, first-class credits, 2s. Old.
Government Securities—Four per Cents., 959 ;
Five per Cents., 105 ; Five-and-a• Half per Cents.,
111 i.

Freights to Liverpool for cotton, 62s 6d.
(BY TELE6RAPH TO BOMBAY.)

Shirtings firm, but little doing. Mule twist firm.
Copper sheathing dull and unchanged ; tile 4 annas
lower. The indigo crops are progressing well.
Linseed firm: Rice dull and unchanged.
Exchange on London—First-class credits, 2s. 00.
Government Securities—Four per Cents., 93 ;
Five per Cents., 105 ; Five-and-a-Half per Cents.,
111.
Freights to London for seeds, 655.

PARIS, MAY 29.
The Paris papeit: publish the following, dated
Ragusa, May 28:—

" Hussein Pasha, having thrown a bridge across
the Lemna, occupied Bielopooluski.
" Abdi Pasha entered the Montenegrin territory
by the Albanian frontier at Podgorizza, while Der-
visch Pasha attempted an invasion at Grahovo.
" Dervisch Pasha returned to Belecia, after hav-
ing threatened to burn Banjani.
" The town of Nicksich has been burnt, and the
fortress is blockaded.

"The Prince of Montenegro has protested against
the invasion of his territories to the foreign consuls
st Mostar and Scutari."

This being Ascension-day, no business was done
m the Bourse.

SCUTARI, MAY 27.

The Turkish troops who entered the Montenegrin
district of Bielopavlovich on the 23d inst. met on
the following day, after two hours' march, a body
of 6,000 Montenegrins occupying an advantageous
fosition on rocky ground.

The Montenegrins were immediately attacked by
two columns of the Turkish troops, by whom they
ere dislodged fi ora their position.
They then made a retreat through the villages of
Upper and Lower Martinich, Revina, Choupina,
Gliziva, Ponsiezi, and'Glivitza.
The houses and towers of these villages, being
butt of stone, became for theMontenegrins so many
fortresses, which were, however, successively stormed
and taken by the Turkish troops in the midst of the
flames kindled by the Montengrins themselves on
their retreat.

Although the Montenegrins had in the meantime
been reinforced by 11 companies of 100 men each,
they were forced to give way before the Turks, who
pursued them into the mountains.
The Montenegrins left 500 dead on the field, ex-
clusive of those they were able to carry away with
them. The number of their wounded is estimated
at 1,000.

The Turkish loss amounted to 57 killed and 137
w'uncloil antnna Whom was Mt...4...f5t 11.7 4.0
Colonel.

The number of houses and towers burnt was 890,
including 400 huts.

The 25th was a day of rest, during which the
Turks celebrated their victory. The following day
they continued their march.

THE BRAZILS MAIL.
LISBON, MAY 29.

The Royal Mail steamship Oneida has arrived
here with the above mail, and will leave for South-
ampton at 10 a.m. to-morrow, with 124 passengers,
£9,286 in specie, 1,347 rolls of tobacco, and 300
packages tapioca.
A despatch from Rio Janeiro, dated 9th May,
says :—" The Chambers were opened on the 4th
inst. The Ministry do not hold a strong position,
as they scarcely command a majority in the Cham-
ber of Deputies."
Exchange on London was quoted 251. Coffee
sold at 7,400. The shipments since the last mail
amounted to 67,960 bags, of which 16,994 were for
the Channel. Stock, 180,000 bags. Freights, 70s.
Exchange on London, at Bahia, was quoted at 26,
Cottons, 9,500. Sugar, 1,900.

At Pernambuco sugar was quoted 3,500; browns,
1,900. Cottons, 11,400. Exchange on London,
25g.
The Messageries Imperiale steamer Navarre ar-
rived at Pernambuco on the 12th of May.

THE MAURITIUS.

ALEXANDRIA, MAY 29.

According to advices received here, the cholera
in the Mauritius is diminishing, the total mortality
up to tto present time amounting to 3,400.
Sugar is in demand. Stock small, 7,000 tons.
The April export to England amounts to 1,700
tons, while nothing has been sent to France. The
coming crop is estimated at 140,000 tone,

THE WEST INDIA MAILS.
SOUTHAMPTON, FRIDAY.
There is as yet no news of La Plata, with the
homeward West Indian mails. It is supposed
that she has been detained at St. Thomas's for the
inter-colonial mails.

POLAND.
(FROM OUR OWN CORRESPONDENT.)

WARSAW, MAY 21.

The Canon Bialobrzewski, who, you will recol-
lect, had been sentenced to death by a court-martial
for closing the churches in this city, and subse-
quently sent to a fortress in Russia, has now re-
turned, in virtue of the recent amnesty granted to
a few by the Emperor Alexander. The whole jour-
ney of this venerable prelate, from the place of his
exile to 'Warsaw, was a perfect ovation. In every
town and at each station, as he travelled in a private
carriage, people of all classes assembled in great
numbers to testify their esteem for both his reli-
gious and patriotic conduct. Bouquets of flowers
never ceased to shower into his carriage, speeches
and poetry were delivered, and at Bizesc and Ko-
luszyn the horses were taken from the carriage,
which for a considerable distance was drawn by the
inhabitants ; in one word, a more triumphant re-
ception could not have been bestowed upon any one.
General Luders, Governor of Poland, afraid of any
such demonstration here, ordered that the prelate
should reach Warsaw= in the dead of the 'night:
Notwithstanding this precaution, crowds of people
welcomed the Canon Bialobrzewski with all the j
joy inspired by his return, and the Waters, toget),:r
with the police, hack 41;1 i 0 I.'
apply v g°r Athe whip
and the Lutts of the muektt; to disperse this national
manifesta.i..!3n, The next day persons of the highest
class hastened to lease their cards at his door, and

it was found necessary to put a picket of Cossacks
before the house of the prelate to prevent the crush.
The system of espionage has reached its climax,
for even the very altars in the churches are not free
from it. On the 16th inst. the commissary of police,
Jachimowskoy, had placed two police agents, Bialy
and Hertzberg, dressed as civilians, on the very
steps of the altar, who, with an assumed air of
piety, kept a look-out on the congregation, and in
leaving the churoh pointed out persons suspected of
having had the intention of singing national hymns.
To arrest people for such or such intention is a
novel idea, worthy of the Muscovite rule ; and the
vengeance against singing is carried to such a point
that any religious chant is construed into a mani-
festation, and dealt with according to martial law.
Such a state of things can hardly be endured, and
it is evident that the Russian Government employs
all means to provoke a rising among the Poles.
The treatment of the ladies recently arrested is
revolting, as almost all of them being under age and
possessing a good education, are placed in a prison
together with the questionable fallen characters,
whose language and manners shock every pure and
honest heart. Here are the names of some—Miss
Anna Czajensig, 15 years old ; Sophie Rutkowski,
16 ; Matilde Rutkowski, 17 ; Emilie Henke, 16 ;
Alexandrine Milobendzki, 17; Frances Drzewsecki,
18; Mary Ann Roszynski, 20; and many others.
What a cruelty it is to punish such young persons,
and in the manner described.

Such a brutal work cannot be done except by
overpaying the tools employed for it. Therefore,
in addition to their salaries, substantial gratuities
were awarded from the public Treasury to the
functionaries in the office of the Governor-General,
to M. Szwecow, £1,330 ; to Aloise Komornicki and
Michael Ludogowski, £327 each; to George
Leoniew, £170; and to Felician Krukowski, £lO5,
all well known for their humiliating conduct. This
freedom with the public money, which could not be
tolerated in any constitutional country, sustains
the state of siege hi Poland, as the Governor-Gene-
ral, General Luders, is an absolute little king here,
and he does what he pleases.

Some curious details respecting the arrest of the
Russian officers here have transpired. Two visits
have been paid to Count Tolstoi (one of the most
distinguished families in Russia), the first by the
chief of the police, who, on appearing, was saluted
by the Count with this laconic answer :—" You
come to search my papers! Now, I tell you if you
do not get out immediately I shall blow out your
brains." The functionary, without saying another
word, ran to General Kirzyzanowski ; and the
latter, having obtained a written order from Gen.
Luders, repaired to the Count's apartments, but no
papers compromising him were found. Among
the higher officers who received visits from the
police are General Prince Bebutoff, Generals Mer-
cheleurz and Gicewicz. Of the subaltern officers
who have already been sent before courts martial
are Lieut. Nieprenin, Pleszkow, Sliwicki, and Arn-
hold, chiefly charged with diffusing liberal ideas in
the army.

It is reported that the Marquis IV ielopolski, who
was on the point of leaving St. Petersburg, delayed
his departure at the desire of the Emperor, who
again promises to sanction the Marquis's plan for
the reorganisation of public instruction and schools
in this country.

THE CIVIL WAR IN AMERICA.

(PER NOTA SCOTIAN.-LATEST BY TELEGRAPH
TO CAPE RACE.)
NEW YORE, MAY 20.

The Federal Colonel Campbell has, with the au-
thority of General M'Clellan, officially reported that
the Federal iron-clad gunboats, consisting of the
Monitor, Galena, Nangatuck, Port Royal, and Aris-
took, has been repulsed by the Confederate batteries
at Fort Darling, seven miles below Richmond.
Washington despatches state that the James
River is clear of obstruction to within eight miles
of Richmond. At that point there is a heavy bat-
tery on a high blu ff, the river being temporarily
closed to .navigation:by sunken vessels, piles, and-
,chains. The 'Monitor could not elevate her gun
sufficiently to reach the high battery, and was

The 100-pounder gun of the Naugatuck exploded
at the first fire.

The banks of the river were filled with rifle pits,
from which a constant fire was poured on the Fede-
ral fleet, part of which was engaged at 600 yards
distance from the main battery.

After an action of four hours the Federal fleet
withdrew,

The Federals are stated to have lost from 1,000
to 1,100 men.

Col. Campbell's report states that the Federal
dead were interred on the banks of the river,
and adds that part of the gunboat fleet had re-
turned to Jamestown Island.

Gen. M'Clellan's advance has arrived at Beton's
Bridge, 15 miles from Richmond. The bridge was
destroyed when the Federals arrived half a mile
from the other side of the Chickahominy river.
The Federal gunboats have made a reconnais-
sance 25 miles above White House, on the Pa-
munkey river. The Confederates destroyed two
of their own steamers and 20 schooners,
They are also reported to have destroyed all
the bridges, and to have placed every imagin-
able obstruction in the way of the Federal ad-
vance.

The Newbern Progress states that the Gover-
nor of North Carolina had refused to afford further
aid to the Confederate Government, and ordered
home all the North Carolina State troops.

The Mobile Advertiser announces that the Con-
federates have evacuated Pensacola after destroying
the navy-yard and forts. All public property was
removed.

The Federals had sent a force from their pickets
to occupy the place.

EVENIN G.

President Lincoln has issued a proclamation,
declaring General Hunter's recent proclamation
null and void.

The President further declares that he reserves to
himself to decide whether he is competent, as Com-
mander-in-Chief of the army and navy, to declare
slaves of any State free, and also to decide whether,
at any time or in any case, it shall become a neces-
sity indispensable to the maintenance of Govern-
ment to exercise such supposed power. He refers
also to the resolution adopted by Congress to co-
operate with any Slave State for gradual emanci-
pation, and says :

"I now earnestly appeal to the people of those
States. I beseech all to make arguments for your-
selves. You cannot, if you would, be blind to the
signs of the times. Will you not embrace the pro-
position ? May the past and future not have to
lament that you have neglected an opportunity to
do so much good."

The commander of the United States' steamer
Tuscarora has written a letter to the New York
Herald declaring that Captain Patey, of the Royal
Navy, had not held good faith towards him in the
case of the Nashville, and declaring that British
justice is measured by false weights, and that neu-
tral obligations have never been allowed to interfere
with British interests. He concludes with an
assertion that the British Government has coquetted
with the Confederates from the beginning.
Eighteen shots from Fort D4rling penetrated the
Federal steamer Galena. The Monitor is reported
to be uninjured.
No official details of the affair have yet been
issued.

Commodore Goldsborough is reported to be pre•
paring mortars to attack Fort Darling.

COMMERCIAL INTELLIGENCE.
NEW YORK, MAY 20, EVENING.
Money abundant. Exchange very firm at 1131
to 114• Stocks very firm.
Cotton steady.

SOUTHAMPTON, THURSDAY EVENING.

The Hamburg-American Company's screw steam-
ship Hammonia, Capt. Schwensen, bringing mails
of the 17th inst. from New York, arrived off Cowes
at 5.30 p.m., and went on to Hamburg after trans-
shipping mails, &c., for this port. She brings 175

passengers, of whom 36 are for this port and Havre,
and 139 for Hamburg, On freight she has 192,152
dols. for England, 167,900 dole. for France, and
1,200 dols. for Hamburg, and a large cargo.
During the voyage the Hammonia experienced
fine weather, and light westerly winds. On the
28th, in lat. 9 16 N., long. 8 20 W., she spoke the
Altona ship Esther, Captain Nielsen, bound west ;
and off the Start Point she spoke the Hamburg
brig Canoe, N 0.338, also bound west.

The advices are of the same date as those per
Etna, but a few additional items of interest are
gleaned from the New York papers brought by the
Hammonia.

The following is a copy of General Hunter's
order, declaring slaves in the States of South
Carolina, Georgia, and Florida, free :
"Head-quarters, Department of the South,
Hilton Head, S.C., May 9, 1862.
"The three States of Georgia, Florida, and South
Carolina, comprising the Military Department of
the South, having deliberately declared themselves
no longer under the protection of the United States
of America, and having taken up arms against the
said United States, it became a military necessity to
declare martial law. This was accordingly done on
the 25th day of April, 1862. Slavery and martial
law in a free country are altogether incompatible.
The persons in these three States—Georgia, Florida,
and South Caroling—heretofore held as slaves —are
therefore declared for ever free.

" DAVID HUNTER,
Major-General Commanding.
"Ed, W. Smith, Acting Assistant Adjutant
General."

NONCONFORMIST COLONY, NEW ZEA-
LAND.

DEPARTURE OF 800 EMIGRANTS.
Yesterday, at noon, there WP.s an imposing de-
monstration at the East India Docks, Blackwall, in
connection with the sailing for Albertland, New
Zealand, of 800 emigrants, constituting the first
portion of the thousand Nonconformists who are
proceeding thither to found a new colony. All the
morning the trains on the Blackwell and North
London railways, and the steamboats from London-
bridge, were filled with the emigrants and their
friends, and by eleven o'clock the East India Docks
presented a very animated scene, from 8,000 to
10,000 people having assembled. A considerable
number of them made their way to the North Dock,
where a large enclosure had been secured for the
holding of a farewell service. Although a charge
was made of sixpence each person, many hundreds
passed through the barriers, and occupied the space
in front, and on each side of the spacious platform
erected for the occasion, and which was filled by
ministers and gentlemen and ladies who have .been
concerned in devising and carrying forward the in-
teresting project of which this was the consumma-
tion. Baptists ministers and the Metropolitan
leaders of the temperance movement were by far the
most prominent of the occupants of the platform.--
a circumstance which is accounted for by the fact
that the great body of emigrants are Baptists and.
teetotallers.
Mr. H. TWELVETREES took the chair, and made
an exulting speech, expressing his high satisfar.tiou
at the success of the scheme, and his conviction:
that the thousand for whose departure arrange-
ments had now been made would be speedily fol-
lowed by many thousands more—a remark which
was loudly applauded.
The Rev. Wm. LANDELLS, of the DiovAtina Chapel,
Regent's-park, delivered an elaborat and very elo-
quent oration. He felt admiratir,n, he said, for the
heroism of many of those who were about to depart
on this great enterprise ; arid 'while advising them
to lay their account with many difficulties, he
controlled them to be st-eong in hope and in pur.
pose ; to have confidence in each other, and to
repose unshaken faith in Divine Providence. He
held it to be one, of the most remarkable of all the emigration movements that had taken place in. English history, and likened it, is some of its fea-
tures, to the exodus of the Pilgrim Fathers to New
England 200 years ago. These Nonconformists
Were not going forth because of persecution, but
yet their purpose was largely a religious one.
They did not have in view merely the bettering of
their own wordly condition, but they desired to
sow the seeds of perfect religious equality in that
far off region, which was destined to become a
mighty nation. He earnestly besought the emi-
grants to beware, on the one hand, of any course of
conduct which should lead to the breaking down of
their design, and, on the other, to unite heart and
soul for its full accomplishment, pointing out to
them the disastrous effect which failure would in-
evitably have upon the principles which they che-
rished, and how success in this first attempt would.
bless the colony and promote the welfare of Non-
conformists at home. He eulogised Mr. Brame, the
nricrinatnr " 4" - -1--
highest possible terms of the Rev. S. Edgar, the
minister elect of the settlement. Mr. Landells con-
cluded his address with a touching farewell, which
brought tears to the eyes of hundreds of his
audience.

The Rev. S. Edge.", Mr. Brame, Mr. W. Heaton,
of the Freeman, the Rev. J. Penrose, and Rev. J.
C. Middleditch took part in the proceedings.
At the close of the meeting A brass band headed
a long procession to the dock, at the entrance of the
river, where the two ships (the Matilda Watten-
bach and the Hanover) lay ready foil exit, gaily
decorated with flags on the rigging of each, and
their decks crowded with the women and children
and their relatives. A considerable number of
ladies and gentlemen, who were pro7ided with
tickets to accompany the ships to Grave&.nd, went
on board the Matilda Wattenbach, anj at one
o'clock the gates were opened, and this node ves-
sel, of nearly a thousand tons register, was towed
out, amid the cheers of the thousands assembed on
the piers, as well as those on board, the band )lay-
ing " Cheer, boys, cheer" in a highly inspirting
style. The Hanover speedily followed, ant a
salute of six guns having been fired from the Wit-
tenbach, and with the baud playing " God sa-re
the Queen," both vessels dropped down the rive*,
and were soon lost to sight. The third ship--Wm,
Miles—is to depart on the 10th of July,

MILITARY RESERVE FUND.—The account of this
fund for the year ending with March last states, as the chief
augmentations in the year,—£36,Boo by sale of commissions
in succession to officers placed on the seconded retired full-
pay and half-pay lists, and £16,827 by officers on selling out
receiving sums which were short of the full value of their
commissions. The expenditure included £112,234 paid in
purchasing the commissions of 61 officers upon half-pay
who desired to sell, thereby saving £7,898 a year upon the
half-pay vote ; £14,641 paid to officers of cavalry on retire-
ment in consequence of the reduction in the prices formerly
paid for cavalry commissions, £7,200 paid to officers and pri-
vates of the Corps of Gentlemen-at-Arms, in which the
system of purchase has been abolished, the appointments in
succession having been given to old officers of the army as
a reward for past service; £11,500 paid to the Yeoman of
the Guard in a similar manner; £7,900 paid in buying out
officers in regiments liable to reduction, thereby saving
half-pay or absorbing officers who had been retained as
supernumerary upon full -pay ; £450 paid for a commission
for a student at the Rorkee College as a prize for high at-
tainments. The balance in hand was reduced from £167,636
at the beginning of the year to £53,850 at the end of it. Tha
Foot Guards' reserve fund account was augmented by
£7,300, and diminished only by £1,200 paid in buying out a
supernumerary caused by the appointment of a Page of
Honour to a commission ; and the balance in hand at the
end of the year was £18,46G. _ . _

few
wi n
dtahyes,Taanya
"takes" on all the stations,
ro SALMONvedco
hasTAimirp hthee flpsahsitn
both upper and lower. On Saturday afternoon last the first
nsiFdeirSalibliyNwait—hirrn
yesterday there were very good
grilse of the season was landed at the Friarton Island, the
ncrieffe—the fish •
property of Sir Thomas Mo _ weighed 311 b.
Salmon trouts are now coming forward, are of large size,
and in capital condition. Salmon is selling in Perth at
ls. 6d. per lb., and trouts at ls. 4d. per lb.—Scotsman.
THE WANT OF SMALL BIRDS.--It is said that in
the Vale of Evesham a severe blight has fallen upon tho
fruit trees generally, and in particular places has completely
destroyed all chance of crops. In Bengeworth and on the
eastern and exposed sides of the town the greater injury
has been done, and the cherries end damson plums appear
to suffer the worst attacks. In some places the trees are
quite shrivelled up, and sapless and withering, as though a
blast from a hot furnace had swept across them, and the
severity of the blight has gone in belts of varying widths
across some of the plantations. The common green cater-
pillar is the insect working so destructively. In the more
favoured localities thero is still a fair average crop in a
growing and vigorous state. The potato and vegetable crops
negerally are looking well.— Worcestershire Cht oracle.
LOCAL HONOURS TO LIBRARIANS.--Mr. Panizzi,
the prineipal librarian of the British Museum, has been
elected a vestryman of the parish of St. George's, Blooms-
bury. Mr. Mudie, the well-known librarian, has been re-
elected a vestryman of the same parish.—City Press.

- -
At the meeting of the Labuan Coal Company
yesterday, Sir J. D. Elphinstone, M.P., in the chair, the
report stated that advices had been received from Mr. Sin-
clair, the manager, to the 17th of Apt il, from which it ap-
Pe
ars that the sinking of one pit is making favourable pro-
gress, that another is about to bo commenced, and that both
will probably be completed by the end of October next,
when the veins will be sufficient to yield 100,000 tons of coal
per annum for 10 years ; also that in the interval while the
pits are in, procer.s of being sunk a fair supply of coal wil
be raised for sale, that the cost, including expenses of every
kind, is not expected to exceed 6s. per ton, and that a suppl
of 85 tons has already been furnished to her Majesty's steam
ship Scout.

MONEY MARKET.

CITY, TWELVE O'CLOCK.

The Bank of England return, completed to the
28th instalit, exhibits some rather unfavourable
features. The bullion has been trenched upon, to
some extent, while the other securities show a con-
siderable addition. In the reserve of notes, how-
ever, there is a slight increase, and the public
deposits have been augmented by the active collec-
tion of the revenue. The various items, and the
changes they present, are shown in the subjoined
table :

Active Circulation
Decrease ..
Bullion ~ ..
Decrease ..
Rest .. ..

.. .. £20,603,230
.. .. 276,825
.. .. 16,173,815

166,125
3,115,063

18,009

Decrease
Public Deposits
Increase . _
Other Deposits..
Increase ..
Seven Day and other Bills ..
Increase ..
Government Securities
No alteration.
Other Securities .. 19,392,213
Increase .. .. 391,660
Notes unemployed .. .. 9,364,660
Increase .. 147,370
At a meeting of the creditors of Messrs. Hill and
Ledger, export oilmen, of Aldgate, it was resolved
to accept the offer of Mr. Hill, to take the business
—Mr. Ledger retiring—and to pay a composition
of 10s. in the pound by instalments, the last to be
secured.

.. .. .. 6,937,808
379,997
.. .. .. 14,685,087
.. .. 137,416
.. 662,331
• • • • 2,956
.. .. 10,335,491

During the last few days less activity prevailed
in the Foreign and Colonial Produce Markets. Tea
at public sale has declined about 3d. to 6d. per lb.,
'while sugar and coffee have scantily sustained pre-
vious quotations. Rice, however, has been in fair
demand at steady rates. Fruit and spices have
remained dull. At the public sales of Spanish
indigo, good and fine qualities have realised an
advance. Saltpetre has continued inactive. Tallow
has been quiet, and prices for both present and
forward delivery have slightly receded.
On the Great Western Railway of Canada the
traffic receipts for the week ending the 16th inst.,
amounted to £8,955 against £7,490 last year.
The traffic receipts of the Ottoman Railway, for
the week ending the 18th inst., exhibited an in-
crease of £72.
Increased activity prevailed in the Liverpool
Cotton market yesterday, and prices were again
rather higher'. The sales were 10,000 bales.
The bullion operations at the Bank of England
yesterday were again of an unimportant character.
The Hammonia, from New York, has brought
£38,430 in specie, and the Oneida, from the Brazils,
has arrived at Lisbon with £9,286.
The money market is rather easier, first class
bills being negotiable, today, at 21 per cent., and
the banks and private discount houses exhibit a-
greater willingness to transact business.
The market for American Securities during the
past week i haen moderately active. Messrs. D.
Bell, Son, and Co. state that—,, There has been,
during the past week, a good demand for A.Lnerican
Securities generally ; but more particularly for the
United States Five per Cent. Bonds of 1847, in
*which there have been some large transactions."

CITY NEWS---THIS DAY.

Two O'CLocK.

The twenty-first annual meeting of the lonian
Bank was held to-day. Mr. 011iver Ferrer in the
chair. The directors' report recommends a dividend
of 6 per cent. per annum. The Chairman moved
the adoption of the report, and said that the past
year had been the most favourable since the com-
mencement of their operations. An addition had
been made to the reserve fund, amounting to nearly
the same sum set asidelastyear. A failure had taken
place at one of their agencies, which amounted to
£1,600, but £l,OOO of that sum had been provided
for by the directors. The progress of the bank led
the managers to hope that in the course of another
year they would be able to make a distribution
among the proprietors in addition to the usual
dividend. The motion was unanimously carried,
and the directors who retired by,rotation re-elected.
There has been a meeting to-day of the Trust
and Loan Company of Upper Canada. The direc-
tors' report, which was adopted, gave the net
profits for the six months ending the 31st March
at £14,820 0.. za., added to the sum brought
forward from September, made a balance at credit
of revenue of £14,880 109. A dividend at the rate
of 61 per cent. per annum, less income-tax, was
therefore declared. It was also resolved that one-
half of the surplus profits aver 6 per cent. per
annum, and the usual charge for interest, amount.
ing together to £3,962 15s. 7d., be carried to the
reserve fund, in accordance with the provisions of
the royal charter of inorporation ; and that £5OO be
applied to the redemvtion of preliminary expenses.
There will then retrain the sum of £42 14s. sd. to
the credit of the next half-year's accounts.
An improveromt of per cent. has taken place
an the market br English Securities, Consols being
931- I for transfer, and 923/ /, less the dividend, for
account. Parchases have preponderated, and a
better feeliig has been engendered by the easier
tone of themoney market. The New Threes and
the Reduced are 911 d ; Exchequer Bills are flat at
108. to Bs. prem. ; Bank Stock has receded to 234;
but Inda 5 per Cents. are firm at 1091 I.
Thee has been very little activity in the
Poreipa market, but prices in most instances
tend apwards. Turkish 6 per Cents. are 801 81;
ditto 1858, 691 701 ; Egyptian Scrip has improved
to prem.; Russian ditto to 2 I prem. ; Spanish
Certificates to 81 9i ; Italian 5 per Cents, to 701 ;
Ponugueso are 456 ; and Dutch 4 per Cents. 1006.
in the Railway Share Market the operations

have continued limited, but prices, in some instances,
hEve been firmer. Eastern Counties, Lancashire
aid Yorkshire, and North Eastern (Berwick) have

improved 55.; Great Westerns, Manchester, Shef-
field, and Lincoln, and South Easterns, however,
declined ss.

The Foreign and Colonial lines are also at slightly
enhanced prices. South Austrian and Lombardo-
Venetian advanced to 211 211; East Indian to
logfl ; Great Indian Peninsula to 103 i.
Joint Stock Bank and Miscellaneous Shares
generally remained without material change in
values—Oriental Bank being dealt in at 50; ;
Crystal Palace Stock at 33; and Rio de Janeiro
Improvement at 26t 27.

BRITISH FUNDS-ONR O'CLOCK.
Bank Stock ....
3 per Cent. Reduced Annuities .....
3 per Cent. Consols Annuities ............. . 99311
. i
New 3 per Cent. Annuities 91,-., 1
India Stock
Ditto 5 per Cent. lO9l 1
Consols for Account 'June 10
10 13
Exchequer Bills £l,OOO, 3 per Cent
Ditto £500
-Ditto Small
FOREIGN FUNDS—ONE
Brazilian, 5 per Cent O'CLOCK.
Ditto 42 per Cent,, 1852-58-60 93i
Egyptian, 7 per Cent
Portuguese 3 per Cent., 1853.. 454
.titssilin 5 per Cent 1822 £ St ..
Ditto, 6 per Cent., 1862. Scrip
Ditto Paid up Scrip 921 3
Spuuish Cert. of Coup. not funded
Tur;Kish 6 per Cent. 1854
Div"to 6 per Cent .1858
Ditto Account
Ditto 1862 (Scrip)
70k
Ditto, Paid up Scrip ......
-Dividends on the above payable in London.
Dutch 23/4 per Cent
Ditto Certificatc;
,i.i(change 12 Guil. ..
~ 1861, ex 251......... N1:11
Italian 5 p'r Cent
' "r
Cent'
Consols, Money ... TWO O'CLOCK.
Ditto Account
........
...--.......„_____ 1 ex div.
1‘)

AR. EDWIN JAMES.—The committe® appointed
by the Law Institute of New York to in the case
of Air. Edwin James—the matter of hisvestigate admission to the
bar of New York, and his professional position in England
at the time—had reported adversely to Mr. James, demand-
ing that the order admitting him be revoked, unless he
showed good emus why such action should not be taken.
In consequence of this report Mr. D. D. Lord presented
certain papers to tli.. Sure Court, at its sitting on the
16th instant, and ~.,
, Now York
,'---" On behalf of the Law Institute of
the city of "Ilr, I move to revoke the license of Mr.
Edwin James,
c°llusellerct-law and an attorney of this
g
court, certain facts havin
members of the Law Instituteome to the knowledge of the since his admission to the
,bar, which, if they had known
I",rn, would have pre
eIY uld -
e COUXt took the papers.
.rented his being admitted."
A. meeting of the Bar was to be held on the subject at the
Astor House on the 17th.