The Sun.
London, England, 1862-03-03 00:00:00

'CAI TRAFFIC '1 HROUGH HYDE-PARK DURING

THE INTERNATIONAL EXHIBITION.
Mr. W. BEAUMONT asked the First Commissioner of
Works whether, with the view of relieving the crowded
state of Park-lane, there would be any objection to open
Ilyde-park between Stanhope-gate and Apsley-gate for the
passage of cabs while the International Exhibition is open ?
Mr. COWPER said that Hyde-park was already so
crowded with carriages, and when the addition of a number
,of other conveyances was proposed, it was very question-
able whether such would be a public convenience. It was
inapos4ible to tell at present what would be the increased
number of vehicles that would
pass through Park-lane to
the Exhibition, and until that was shown in some degree
at the opening of the Exhibition, it would not be advisable
to make any arrangement relative to the subject.
CONTERSIONINOTFOTHIIuEsLsIAGN DRAGOONS
Captain STACPOOLE asked the Secretary of State for
'War, why the 3d, 4th, 13th, and 14th late Light Dragoons
were changed into Hussars, and whether there was any
weight of their appointments
difference in the ; also, if the
officers bad or would receive any compensation in conse-
quence of the expense they have been put to by the change
of uniform, and if the 'lien of those regiments had or would
Chief,
receive any compensation in lieu of their old clothing.
Sir G. C. LEWIS said that the alteration was made in
tonforrnity with the recommendation of the committee
No
officers, presided over by the Commander-in_
-No alteration would take place in the uniforms until the
Present clothes were worn out.
RETIRING OFFICERS IN THE INDIAN ARMY.
Col. GILPIN asked the Secretary of State for India if
be would lay upon the table the report of the commiss
whatl's who were assembled in India to consider upon
'terms officers of the Indian army to whom no active em-
ployment could be found should be permitted to retire
and also the decision of the Home Government in reference
to the recommendation of such commissiouners ?
Sir C. WOOD said that he did not consider it advisable
to lay any report on this subject on the table. He re-
peated what he stated on a former occasion, and said it was
expected a large number of Indian officers would accept
the terms offered by Government.
Major KNOX asked the right hon. gentleman if promo-
-I.l°n of officers engaged in India would be by seniority ?
Sir C, WOOD answered in the affirmative.
RESIGNATION OF BARON RICASOLI.
In reply to Mr. KINNAIRD,
Loll PALMERSTON paid that her Majesty's Govern-

ment had received information that Baron Ricasoli had re
signed, and that Signor Ratazzi had been called on to form
a Ministry.
BIRTHS, DEATHS, AND REGISTRATION (IRE-

LAND) BILL.
Mr. lIENNESSY said that he h.td a motion on the
paper in reference to the Births, Deaths and Marriages
Registration (Ireland) Bill, to the effect that, on the mo-
tion for the second reading of this bill, that it should be
read a second time that day that day six months. He pro-
posed to alter that amendment by a motion affirming that
it was not expedient to employ the police as registrars
of births, deaths, and marriages in Ireland.
TROOPS SERVING IN INDIA.

Mr. H. BAILLIE drew the attention of the house to the
want of system which prevailed in relieving her Majesty's
troops serving in India, and contended that an alteration
was required.

Sir C. WOOD entered into an explanation, from which
it appeared that it was arranged that the term of service in
future would be 10 years abroad and five at home.
Sir 11. WILLOUGHBY moved the following resolu-
tiog :—That in the opinion of this house that all moneys
required on account of the raising, training, &c„ officers
and men for service in India, and all other expenses con-
nected therewith, shall be voted in this house in a separate
estimate ; and that all such moneys shall be repaid into
the British Exchequer by the Indian Government.
Sir G. C. LEWIS said that this question had no bearing
whatever on the estimates before the house, the course re-
commended by the hon. baronet would nut be advisable.
Colonel SYKES supported the motion.
[LEFT SPEAKING].

1110. NET MARKET il ND CITY NEWS.

CITY, Two O'CLOCK.

During the past week there have been symptoms
of improvement in most departments of business
throughout the manufacturing districts. At Man-
chester, however, the high rates demanded for both
yarns and cloths have in some measure checked
operations for the home trade, and also for expor-
tation. t t Leeds and Bradford there has been a
slight increase in the inquiries for light cloths, and
in the latter locality orders for the French markets
have been received which have imparted a firmer
tone. The hosiery and lace trades of Leicester,
Nottingham, and Hinckly, however, have been
dull, while in the hardware districts symptoms o
returning activity have presented themselves. A
Birmingham, Sheffield, and Wolverhampton, the
receipt of orders from several of the German mar
kets, together with the demand for home require-
ments, has caused a more cheerful tone.

Owing to the engagements due to-morrow, the
4th inst., there is an active demand for accommo-
dation, and the banks and discount houses are
asking rather higher terms for the securities they
are called upon to negotiate. The supplies of
floating capital continue abundant, but advantage
is taken of the increased requirements of the
commercial community to exact enhanced terms
for the temporary use of their resources. It is
scarcely imagined, however, that any material
variation in the general condition of monetary
affairs will ensue, owing to the dulness of trade,
and the quietude of speculative enterprise.
About £40,000 in gold was withdrawn from the
Bank of England on Saturday.
The Atrato, which left today for the West Indies,
conveyed £7,539 in specie.
The Ceylon, sailing to-morrow with the East
India and China mails, will convey £94,028 in

specie.
There was a steady inquiry for most descriptions
of cotton in the Liverpool market on Saturday,
and prices were unaltered. The sales were about
7,000 bales. _ _ _

The Shannon, from the West Indies, has arrived,
with £413,500 in specie; and the Oneida, from the
Brazils, with £53,600, has been announced at

Lisbon.

A special general meeting of the shareholders
in the Mercantile Fire Insurance Company took
place to-day, to ratify the provisional agreement
entered into with the North British Insurance
Company for amalgamation. A Mr. Nelson ob-
jrcted to the principal clauses in the agreement,
which he considered did not fairly and sufficiently
provide for the property of the Mercantile share-
holders. The report, after a long discussion, was
carried by a large majority.
A favourable effect was produced in the English
Stock Market this morning by the fall of 1 per cent.
which occurred in the Rentes on Saturday, and
Consols were 931 1 for transfer and 931 a for April,
but the telegrams this morning report a slight re-
actionary tendency, and the latest prices here are
931 1, and 93 respectively. The New Threes
are flat at 91i, 928 ex div. ; the Reduced at 928 ex.
div. Exchequer Bills are steady at 19s. to 225.
prem. ; Bank Stock is 242 and 243 ; India ditto
224 ; and ditto 5 per Cent. 1061, 1071.
Foreign Securities are, in most instances, at
lower quotations, and the dealings have been of an
average character. Italian 5 per Cents. have de-
clined to 661 67/, being 1 per cent. lower; Turkish
6 per Cents, are 851 a ; ditto, 1858, 721 ; Mexican
are heavy at 341 351 ; Sardinian, at 801; Spanish
Deferred, at 431; ditto Passive, at 191 ; and the Cer-
tificates, at 61 7. '1 he Ottoman (Mires') Loan is
641 to 651; and the New Italian, 11 1/ dis.
In the Railway Share Market the operations
have been to an average extent, but little variation
can be reported in prices. Several of the principal
British undertakings, however, show increased
buoyancy. Caledonian, Eastern Counties, North
Western, South-Eastern, and Midlands have im-
proved about ss.
In the Foreign and Colonial Markets there has
been a fair amount of business transacted at about
previous rates.

Joint-Stock Bank and Miscellaneous Shares
are also in some instances a shade firmer. Oriental
Bark realise 54-1- ; Ottoman Bank, 21:, 22 ; Union
of London, 331, 4 ; Electric Telegraph, 98j, and
Royal Mail Steam 55.

BRITISH FUNDS—CLOSING PRICES.
'anis. Stock
922 2 ex div
per Cent. Reduced Annuities
1 per Cent. Consols Annuities
New 3 per Cent. Annuities 9'4 l i 2h ex div
5 per Cent. Annuities .. 110!
India Stock
Ditto 5 per Cent. • 107 6/ 7k 61
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent lO2 i
Ditto 5i per Cent •• lOB
Ditto Debentures, 4 per Cent., Oct., 1863 100 k
Ditto ditto Aug. 1864 or 66 100
Consols for Account, March 6 ..
March. Jun 9.
4',xchequer Bills, £l,OOO 2d.... 20 22 19
Ditto £5OO .. 20 22 19
Ditto Small — 20 22 19
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Buenos Ayres 6 per Cent 93
Imperial Moorish Scrip 5
Mexican, 3 per Cent
Ditto Acco nt 3sk 4a 5
New Grenada, 2 per Cent

~. per .
eruvian4k per Cent
I)itto Account ...... 984
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7,'9, and '6O 46
Russian 5 per Cent. 1822, £ St .. 99f
Ditto 42 pei Cent 9lf
Ditto 3 per Cent. 1859 .. 611
ardinian 5 per Cent
Ditto Account
Spanish 3 per Cent
I )itto New Deferred
Ditto Passive
Spanish Cert. of Coup. not funded
Turkish 6 per Cent... —
Ditto Account
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Ditto Guarar teed, 4 per Cent.
Venezuela, 3 per Cent —
Ditto Account
Dividends on the above payable in London.
Dutch 2i per Cent., Exchange 12 Guil —
')itto Certificates, 4 per Cent...
French Rentes, ft per Cent., Ex. 25f 9Bf.
Italian, 5 per Cent., 1861
Piedmontese, 5 per Cent., Ex. 25 francs 674 i t
THREE O'CLOCK.
Consols, Money
Account

THE FRENCH GOVERNMENT.—The Govern-
ment, it is said, has concluded a contract with a com-
mercial company for the conclusion of a postal communica-
tion between France and Mexico. According to the terms
of the contract, the company will place four screw steamers
on the line--two measuring 1,800 tons each, and of 280-
horse power ; the other two of 2,500 tons each, and of 500-
horse power. These ships are to make one passage per
month, from the Ist of Apt it next, from St. Nazaire to Vera
Cruz and back, touching at Martinique, San Jago de
Cuba, and Cienfuegos. Several commercial companies
havetiwhich .
expressed their approbation of this arrangement,
w
is hoped will open new markets to French in-
dustry.

REDUCTION AT THE ROYAL ARSENAL.—Itt ac-
cordance with the present estimates a reduction to the ex-
tent of upwards of 3,000 workmen and lads is to take place
in the several manufacturing departments of the Royal
Arsenal. The establishment is at present as follows :
II oyal carriage department, 2,560; gun factories, 3,775;
royal laboratories, 3,823; total, 10,159. The reduced esta-
will consist of—Royal carriage department,
61 5•0 slaraont
gun factories, 2,329 ; royal • laboratories, 3,142 ;
J.) • •-•In: leing a total recluouo4 3d.49.
I total, , • .
bli

PREFERENCE SHARES.

Share' Railways.

Paid.( I Business
Prices. Done.
•

25 'Blythe and Tyne 10 p.c.
pref. issued at £5 all
at Bris. & Exet. 4p.c. at 100 93 95
20 Do. shares
at Caledon. qr. shrs, 'co. 2 100
64 Cork & Bandon, 51 p. c. all
20 Cornwall. 5 percent all 20 21
64 Dun. Perth, & Aber.Jun all 6 61
10 Do. Ist Class Pref all
st E. Angn. Class Asp. c lOO 100 105
at E. Coun. Ex. 5 p.c. No. 1 100
1120825 s
127181
tO4
Easternn ew
Union at ,
10 N 0.2 11000000 107 109
sao tt D
Do.
no.,
st Do. sp. o. guar lOO
at Edin.&Glas.s p.c. shares 100 112 114
st Do. 4p. c. guar. S. & 0 lOO 90 92
at Furness, 5 per cent lOO
at Glas.& S.West. gu. 5 p.c lOO
at Great Northern, sp. c lOO 117 119
at D 0.5 p.c.Redm.lop.c.pm lOO 111 113
at Do. 44 p. c. do lOO 104 106
at 130.5p.c.Redmat5p.c.pm 100 107 109
10 Gt. Nh. of scot. Ist pref. all
at Gt. Sn. &W. (Ireland)
4 per cent lOO 98 100
50 Great West. (Berke and
Hants Ext) 5 per cent 6
at Do. redeem. 44 p. ct lOO 99 101 1001
at Do. redeem. 4 p. et_ _ 100 90 92
at Do. irredeem. 4p. ct lOO 91 03
st Do. sp. c. redeem. pref 100 102 104
8 Do. firm. pref. shares all 91 104
10 Do. Chester 8 p.c. pt. shs, all 174 181
10 ii/o. Chester 5 p.c. pf. shs all 10.1 11
at Do. firm. guar. stock lOO 75 77
264 Do. Chester guar. shares all 20 11
131 Do, do all 10 101
20 Do. do all 151 154
100 Lan. & Carl. 41 p.c. pref 80
at Lan. & York. 6 p.o. stock 100 136 138
st Do.Barnsl.st4s 2s 10d IT 100
at Do. 6p. o. (East Lan.) lOO
at Do. 41 p. o. (Blackb. pur. 100 101 103
at Lon.&Brig.sp.s.gu. No.l 100 113 115
at Do. 6 per cent. do. No 2 100 113 115
at Do. 6 per cent. do lOO 135 140
st Do. 5 per cent. do. No. 4 100 113 115
st Do. 7 per cent pref. atk 100 162 156
st Do. 6 p.c. do(W.E.&C.P.) 100 129 133
at Do. 4 p st(div.def.lll'6s 100 75 77
st Lon. Chat &Dm sp.c.pf. 100 95 97 Gel
at Lon. &N. W., Coy. &
Nuneaton, 5 per cent 100
at Lon. & S,West. 7p. cent.
at., late 3d shares
et Do. 44 per cent
2s 6d Do. (Prtam. perpl. anus.
of 2s 6d
124 Londondy. & Cole. 1 shs all
125 i.ondony. & Ennis. 4 shs all 134 134
at Man. Sh. & Lin. 6 per ct. 100 124 126 125
6 Do. £6
at Do. 34 per cent. 100 6.9 71
10 Do. redeem. 6 percent 5 1 [pm
124 Mary port & Carl. 4 pr. c. all
121 Do, 44 per cent.. all ..
at Midland Con, 6p. c. stk. 100 _
at Do.Con.Bris.& Bir. 6 p.c 100 137 139
at Do. 41 p.c. pref. at. rdem 100 101 103
at Do. 44 p.c. irredeemable 100
6 Do. 44 per cent. . all ..
at Do.Leic. andllit4per ct 100 92 94
at Norlik. sp. c. Ex. st. 1846 100
st Do. 54 p. e. Peet st. 1847 100
at Do.sWay.ValEx,st.lBl7 100 ..
at Nort British, 5 per cent 100 111 113
at Do. New gua. 5 per oent 100 109 111
10 Do. Bor. Un. g. prf. shs., 7 14 lipm
10 Do. do. do. all ..
at Nth.Dvn.Rail.&Delr.Co. 100 ..
at N-East. Cons. pref. 4 p.c. 100 ..
at Do. 41pr. ct. redeemable 100 ..
at Do. G.N. E. 4p. ct. pref 100 00 101
17 Do. Berwick 4p. o. pref. 8. 13.4 96 97
20 Do. Leeds 6p. c. No. 1 13 4 die par
124 Do. do. Quarters, 1848.. 9 ..
25 Do. York, IL &S. Punch. 10 _
20 North Staffordshire,. all dis par
10 Ithymney Guaranteed: . all 22 23
at Scottish North-Eastern
31 p. c. pref. stock.... 100 ..
at Do.Aberdeen,gua.6p.c 100 _
at Do. 7p. c. pref. stock 100
10s. South Devon, Ann, 10s. all 135 140
10 Do. Fixed 41 per cent all 10 11
10, 6. South Eastern (Reading
Ann., 1.0.6)
at Do. 41 per cent
at Po, Fixed 41 per cent 100 101 103
at South Wales, gua, 4p. c. 100
at Do. 41 per cent ..., lOO
st Do. do. 1859 lOO
at Do. 5 per cent. lOO
ua. 100 85 87
1 at S. Yorkshire, 4p.0. g
20 Do. sp. 0. gua. 17 1 P
25 Stock. & Dar. Asp. c all 271 281
25 Do. B6p. c all 32 34
25 Do. C6p. c all 31 33
st Watrf d & Kilkny, 6p. c. 100 42 45
at W. 311d.-Oxf Ist gua stk 100 126 130
at Do. 2d do lOO 120 126 1224
st Do. Newport 5 p,c.pf,red. 100 101 103
st Do. Perpetep. c. pf. 1866 100 121 124
at Do. till 1869 100 117 120
DOCKS.
stock Commercial lOO
stock Do. 4 per Cent.Pret.Min lOO
,
stock , East and West India
stock I London ~.... 100 68 60
stock 'St. Katharine. lOO 60 62
stook Southampton lOO
stick Victoria ~,,,, 100 99 101
20 DO New stiropelp. t„ ,