The Sun.
London, England, 1854-02-21 00:00:00

The general navy estimates for the forthcoming
year amount to 7,487,9481., being an increase of
1,202,4551. on last year's outlay, and it by no
means follows that a supplementary vote may not
'be required, that would make that increase
amount to no less than 2,000,000/. If such
should be the case, and the exigencies of the ser-
vice should demand the additional outlay, we
venture to assert that it will be freely and wil-
lingly conceded, and that Without a moment's
hesitation.

Having thus stated the general demand, we come
to the particular items, the first, and most impor-
tant whereof consists of wages. The sum now
asked under this head amounts to 2,192,671/.
for the year commencing on the sth April next.
The amount sanctioned by Parliament during the
current year for the same purpose was 1,736,2361.
The increase is therefore 456,435., for which, as
we have stated, we are to obtain the services of
ten thousand additional sailors, and three thou-
sand additional marines—making the total effective
force afloat, fifty-eight thousand six hundred and
sixteen men and boys, which are thus arranged,

VIZ. :-

Seamen
Boys .
Marines afloat
Marines on shore .
Men in packet service

41,000
2,000
8,000
7,500
116

Total 58,616
Men on active service-, however, want something
more than pay. They must eat and drink also ;
and when we consider the extraordinary additions
to our household expenditure, the enhanced bills
to butchers and bakers, &c., we may consider that
we get very cheaply off, when the demand for
victuals is only 870,3241. against 615,4261. dur-
ing the presentyear, being an increase of 254,8981.
It is, however, necessary to remark that, under
any circumstances, there would have been an ad-
ditional demand under this head, owing to the
higher prices of provisions already alluded to, so
that the whole of the above sum is not fairly
ascribable to the extra force about to be employed.
We should also remark, that 18,000 i. of the in-
crease under the head of wages may be attributed
to the gratuities to petty officers and good-conduct
pay to able seamen, who, under recent regula-
tions, engage for continuous service for ten years,
an outlay that will not be complained of by the
most stringent economist.

Of the additional 1,202,4551., the larger por-
tion, or 717,3331., is thus accounted for. The
demand for the Royal Naval Coast volunteers re-
mains the same as before, viz., 50,0001.

So far for the personnel, now for the materiel,
of the navy. The additional charge under the
head of Establishments is 433,8621., of which
the chief item consists of an addition of 200,0001.
to the wages of artificers at home, for which
883,6481. is required, against 683,6481. during
the present year. Next in magnitude are
"Naval Store.; for building, repair, and outfit of
the fleet," which shows an addition of 119,721/.,
the figures being,' respectively, 1,142,732/. and
1,023,0111. Closely trenching thereon comes the
only other important item for "New works, im-
provements, and repairs in the yards," in which
the increase is 115,6941., the present estimate
being 372,6421., while that for the current year
was only 256,9481.

It is unnecessary to allude to the minor
branches that make up the amount, the charges
in which are of comparatively trivial importance.
In the " Miscellaneous" the increase will be
87,331/.,' the greater portion whereof, 72,100/.,
is required for the extra conveyance of troops.
As we have already said, there will be no com-
plaint of this very judicious, and, we may say,
indispensable augmentation to our expenditure.
The nation cordially concurs in the feeling so truly
expressed by the Right Hon. Gentleman the mem-
ber for Buckinghamshire, " that there is no dif-
ference of opinion as to the number of men to be
voted, or as to anything that may be requisite to
supporther MAJESTY'S Government in the prose-
cution of a just war." In accordance with this
view, and
by the the all but perfect unanimity expressed
Popular branch of the Legislature, the
first Vote (that for the number and the
pay of the men) Nraa last night taken, and the

Much regret will be experienced by all those who
have taken an interest in that which will ultimately
be the route to Australia, viz., via Panama, at the
postponement of operations by the Australasian
Pacific Steam Navigation Company. This arises,
however, from unavoidable circumstances. The
railway across the isthmus is not yet finished, and
until it is completed, no passenger line can be suc-
cessfully carried out. The service, to be properly
performed, must be undertaken bya sufficient fleet;
and the company must be prepared in the onset to
sustain a loss, because voyagers will require theroute
to be tested, and to have some guarantee that their
comfort and convenience are secured. Further, the
present high price of coals, and scarcity of seamen,
impose obstacles in the way of a new maritime un-
dertaking, and great advantages may accrue from
the employment of the steamers in short voyages,
whereby their efficiency will be secured. The only
thing of which we have to be apprehensive is that
Brother Jonathan will start a Pacific line before us,
and then it will be difficult for us to make head.
Still we cannot blame the company, and should cir-
cumstances favourably alter, we trust they will not
he slow to take advantage of them.
The Funds are very quiet this morning, and
with but little change in prices. Consols have
been done at 91 for transfer, and since at 901.
Time bargains have been entered into at 9O If.
Exchequer Bilis have realised 19s. to 225. prem.
Bank Stock is steady at 217 to 218. India Stock
is at 232. Lord Palmerston's speech has, by its
high and confident tone, given much satisfaction
in the City, and re-assured many of the timid
waverers who believe in the might of Russia, and
fear the weakness of the allies.

Foreign securities are heavy. Russian Five per
Cents. still go down, having been done at 100 and
at 99. The Four-and-a-Half per Cents. have re-
ceded to 85. Dutch Two-and-a-Half per Cents.
are 591 to 60. Danish Three per Cents. realise
801. Spanish Deferred have been at 181 to t.
BRITISH MINES.—A few inquiries for the follow-
ing shares took place to-day. South Caradon, 390; Al-
fred Consols, 23 24; Gill, 2i- 1; Mollands, 113. Gd.,
13s. Gd., and 15s. ; East Russell, 31 4 ; Sortridge
Consols, ; North Pool, 200 ; Britannias, ;
Poltimores, par ; Great Crinnes, 30s. ; Great
Wheal Hugos, 1 k ; Wheal Wreys, 325, 6d. to 355;
Kilbrickens, 30s. to 325. 6d.; Hawkmoons, 12s. 6d.
to 15s. ; Little Dukes, ; East Basoons, (1/.
paid) ; Tamar Mamas, g. (1/. paid).
The current prices for the Jamaica Mines, not
officially quoted, are as follows :—Metcalfe, par to
premium ; Sue River, discount to par ; Port
Royal, 4to premium.
The Gold Mine Shares have been steady, but not
brisk. St. John del Rey are better.
Railway shares continue about the same, and
there is a fair business doing. French shares
have been lower by about 10s., owing to the de-
cline at Paris.

The Joint Stock Bank shares are rather heavy,
as well as the Land Companies'.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(Prom the Official List.)
Business dons.
Bank Stock
218 17
_ .

3 per Cent. Reduced Annuities 913 1
3 per Cent. Consols Annuities 9ok 1 904 1
New 31 per Cent. Annuities 92i i
New 2i per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire 10th Oct., 1859 sj
Ditto 30 Years, Expire sth Jan., 1860 5
India Stock 232 6
India Bonds, £lOOO 7 11 p
Ditto, under £lOOO 7 p
South Sea Stock
Consols for Account 16th] March 90.1 i i
India Stock for Account
Exchequer Bills, ld.
£IOOO
£5OO l9 22 p
Small l9 22 p
PRICE OF FOREIGN FUNDS THIS DAY.
Buenos Ayres Bonds, 6 per Cent 57
Chilian Bards, 6 per Cent
Danish Bonds, 1825, 3 per Cent Boi 794 8o
Mexican 3 per Cent.
Ditto for the Account 2l
Russian Bonds, 1822, 5 per Cent. £St lOO 99 i
DA )4i per Cent .. 85 64
Ditto Small
Sardinian Bonds, 5 per Cent
Spanish New Deferred, 3 per Cent. lB4 i
Ditto Passive (Converted)
Dividends on the above payable in London.
Dutch Exchange, 2A per Cent. 12 Guil 6O 59
Ditto for the Acoount 594 9
Ditto 4 per Cent. Certificates
THREE O'CLOCK.
Consols 9oj 1
Ditto March Account 9oi i

The Baroness Brunow and daughter arrived at 10
p.m. yesterday, at Birmingham's Royal Ship Hotel,
Dover. The Count Wielhorstri was expected to join
the Baroness, he having gone to pay a visit to Earl
Clanwilliam at Deal Castle. They intended to sail by
the Vivid for Calais last night.
The Duke and Duchess of Somerset had a dinner
party at Somerset House, Park-lane, on Saturday even-
ing. The guests included the Turkish Resident Minister
and Madame Musuras, Mr. D. Buckley, of the Foot
Guards, Mr. C. Babbage, Mr. Hay, and the Greek
Prince Vogorides. The venerable and noble Duke, we
are happy to state, for his advanced life, is in the enjoy-
ment of excellent health.

Lord Ward has left Dudley House, Park-lane, for
Wesley Court, near Worcester.
The Hon. G. Dalrymple, of the Fusilier Guards, who
sold out of the service on Friday, met, we believe, with
an accident while hunting, by which the young officer
dislocated his collar bone.

The Marchioness Dowager of Downshire has left
Grosvenor-street on a visit to Lady Mary Wood, at
Cumberland-lodge, whence her Ladyship proceeds to Sir
George and Lady Charlotte Chetwynd's Grenden Hall,
Warwickshire.