The Sun.
London, England, 1853-10-12 00:00:00

MONEY IVLARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 2,000 American
were taken for export and on speculation. The
market closed flatly without material alteration in
prices. The sales comprised 3,500 American, 120
Pernam and Maranham at Nd. to 71d., 180 Bahia
at 6gd. to &id., 100 Egyptian at 61d. to 10d., and
2,000 Surat at 22d. to 4kd. per lb. Railway shares
were quiet.
The ship Orpheus, which left Adelaide on the
12th May, has arrived with 3,292 ounces of gold.
Her dates are very old.

The Overland Mail from India will bring, if the
telegraph be correct, more satisfactory information
as to the state of the markets both in India and
China. It frequently happens, however, that the
details in such cases do not bear out the original
and brief sketch first transmitted. By this oppor-
tunity we may expect very late accounts from Aus-
tralia, and presumably they will be rather more fa-
vourable as to the state of the import markets, be-
cause of the increasing arrivals. Referring to this
matter yesterday, we mentioned that only two
ships had left since the 29th ult. ; but we should
have said, " put on the berth." It was explained
yesterday, under this head, by the communication
from Messrs. Offor and Gamman, that although the
exports would probably fall off, there was likely to
be a fair demand still for shipping, and we think it
may be added that the corn and other branches of
trade would afford ample employment, and per-
haps for the moment a better remuneration to the
owners.

There has been a revival to-day of the rumours
about the Bank of England intending further to
'advance its rate of discount, but this point is in-
volved in the same uncertainty as ever, because
within the last two days money seems to have been
easier, say at the minimum of 5 per cent., although
good commercial bills have been currently done as
high as 51, and those of a less known character up
to 6 per cent. People in the provinces complain
that they can seldom get their paper done at what
is called the " Bank" rate in London, but it ought
to be borne in mind that at the Bank of England
the lowest change is stated, and that a preference
is given to customers and to bills which bear a
great many names. The large discount houses, for
example, take in paper to the Bank, and adding
their own indorsement may get it done at the mi-
nimum, but if they can obtain more money on
" call," as freely as they have done of late, we
presume they will not send in such amounts to
the banks as they did three weeks since. The
fact is, the Bank just now is crippled by
the small balance which the Chancellor of
the Exchequer keeps to his credit. Having
had about three millions of bills thrown back
upon him, when he redtced the interest last June
to ld. per cent. per diem, he has been compelled
to take part of the surplus to pay current liabili-
ties, and although we believe there were a few bills
re-:ssued and sold, it appears there must be more
yet to get into circulation. The advance in the in-
terest to 2d. per cent. per diem will facilitate this ;
and as there is a surplus upon the quarter's re-
venue of over 800,0001., this may be applied to the
payment of deficiency bills, so that Government
will get out of part of its debt to the Bank. To-
morrow the payment of the dividends commences,
and here again is a fresh demand which, for a time, will
absorb a considerable sum. The Bank, therefore,
cannot afford to be very liberal in its discounts
until the Chancellor of the Exchequer has suc-
ceeded in disposing of bills so as to strengthen his
balance.

The English funds have been weaker this morn-
ing, with a diminished business. The accounts from.
the East are now so warlike that the greatest diffi-
culty exists in forming an opinion as to the probable
tenor of the next advices we may receive. Consols
have been Olt, and since, 91-i for money and the
November account. The New 31 per Cents, have
been done at 92i to 93, and the 3 per Cents. at 90g
to 1. Bank Stock has been steady at 217 ex div.
exchequer Bills are ss. to 95., and India Bonds 2s.
premium.
. _

The foreign securities have been very inactive.
Equador Bonds realise 41- ; Grenada Deferred, 20,1;
and Mexican, 24. Peruvian are heavy at 70. Rus-
sian 5 per Cents. have been marked 113, about the
previous quotation. Spanish 3 per Cents, are 44g.
Dutch 4 per Cents. have been 931 to 4 ex div.
There has not been much done in Railway
Shares, and there is a downward tendency in many
instances. The lines which have shown this most
decidedly are the Caledonian, the York and North
Midland, the York and Berwick, and the Midland.
In these instances the fall is about 10s. per cent.
generally. French Shares are also flatter, but the
dealings have not been by any means numerous.

The-Shares of the Land Companies have been
lower generally, and there are but few buyers.

The Australian Bank Shares have been dull,

BRITISH FUNDS THIS DAY AT ONE O'CLOCK,

(From the Offeica List.)

• Business done.
Bank Stock
3 per Cent. Reduced Annuities tO/
3 per Cent. Consols Annuities 914
New 31 per Cent. Annuities 921 3 21
India Bonds, £lOOO ......,...... .............
Ditto, under £lOOO 2 p
Consols for Account
Exchequer Bills, 2d.
£lOOO
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Equador Bonds
Grenada Bonds, 11 per Cent
Mexican 3 per Cent.
Peruvian Bonds, 41 per Cent.
Russian Bonds, 1822, 5 per Cent. £ St ll3
Ditto 41 per Cent 971
Spanish Bonds, 3 per Cent l4a
Dividends on the above payable in London.
Dutch Exchange, 21 per Cent. 12 Gull Gull
Ditto 4 per Cent. Certificates..,~,
HALF-PAST TWO.
Consols 9la
Ditto October Account 9la

THE REGISTRATIONS.

WEST SURREY.

Archer Ryland, Esq., the Revising Barrister, held
his Fifth Court at the Town-hall, Guildford, on Monday
last, and revised the lists in the parishes of Albany,
Antington, Bramley, East Clandon, West Clandon,
Compton, Cranley, Ewhurst, East Horsley, West Hors-
ley, Holy Trinity, Guildford, St. Nicholas Guildford,
Send and Ripley, Shalford, Shere, Stoke-next-Guildford,
Wanborough, Wisley, Wonersh, Woking, and Wor-
plesdon,

Mr. G. Edgar Dennes, solicitor, of London, and Mr.
"White, solicitor, of Guildford, attended for the Re-
formers. The Tories were not represented.
The Reformers took 38 objections and sustained 36,
and 30 new Reform claims were allowed, making a
majority of 66 in favour of the Reformers on the day's
revision.

THE GREAT DUBLIN EXHIBITION.—The number of
visitors on Monday, being the first day on which the
public were admitted at the low figure of 6d., amounted
to 10,630. It was apprehended that the recent terrible
railway accident would have seriously marred the
financial prospects of the Exhibition by deterring per-
sons in the country from availine.Themselves of the cheap
trips offered by the several railway companies. There
does not, however, appear to be any good ground for
such apprehension, as a special train from Kilkenny ar-
rived on Monday morning, to which were attached 12
carriages filled with excursionists from that district.
THE FIRE IN BLACKBROOK COLLIERY, ST. HELEN'S,
LANCASHIRE.—The fire which broke out about a month
since in Blackbrook Colliery still continues, and the pro-
prietors are yet unable to work the mines, which takes
from the supply upwards of 3,000 tons per week, that
being the return from the colliery when in work.
DISASTER ON THE CLYDE.—FIFTY HEAD OF CATTLE
SMOTHERED.—A disaster occurred yesterday (Monday)
on the river, which has been happily unattended with
loss of human life, but which led to the death by suffoca-
tion of about head of cattle. The steamer Shamrock,
Capt. Stewart, left Sligo on the morning of Friday last,
for Glasgow, with a heavy cargo, part of which consisted
of live stock, to the extent of from 300 to 400 head of
cattle and about 50 sheep, which occupied both the deck
and 'tween decks. The steamer had a fine passage to
Greenock, arriving there at 7 o'clock on Saturday night.
After waiting for the tide, the Shamrock left Greenock for
Glasgow about two o'clock on Sunday morning; but
when more than half-way up the river the rudder gear-
ing got out of order, and the vessel would not obey
the helm. After considerable efforts, the gearing was
temporarily arranged ; but, when about Dalmuir, it
went wrong a second time, causing the vessel's heel to
take the bank, when she lurched very much, and the
cattle pressing and crowding down upon each other to
leeward, by the inclined position of the vessel, she could
not be righted. One of the hands sus' a ned some in-
jury, by the wheel flying round out of his hand with
great velocity, when the helm took the bank, throwing
him prostrate on the deck. With n nil' difficulty the
steamer was at length laid alongside the wharf at Ren-
frew, and at diylight she was righted, by throwing the
live cattle overboard into the river, and guiding them
by means of boats to the bank. This operation was
attenee t with the loss of several of the cattle, which
were floated down on the stream, while those left on
board were all dead. Although the number has not
been definitively ascertained, we believe that about 50
were suffocated. The Shamrock, which sustained some
damage on the starboard paddle-box, was safely berthed
at the Broomielaw shortly after four o'clock yesterday
II
afternoon.—Glasgow Paper.
COMBINATION OF MASTE3S.—Sixty employers in
Padiham have given notice that they intend closing their
mills on the 28th instant, owing to a rumour prevailing
of a contemplated demand by the men in their employ
for an advance of wages. This has caused immense ex-
citement in the neighbourhood.

1 NEWMARKET RACES.
(THIS DAY.)

(BY ELECTRIC TELEG RA P )
SWEEPSTAKES, 50 SOPS.
Weathercock
Cranbourne

Three ran.
BEDFORD STAKES.

Mincemeat
Four ran.
HANDICAP SWEEPSTAKES

IChadijah .
Songster

Sackbut
Gossip ..

Nine ran.
TOWN PLATE.

Seven ran.
Brother to Mountain Deer has arrived.

LATEST BETTING.
CAMBRIDGESHIRE.
10 to 1 agst Nabob (taken).
12 to 1 agst Orestes (taken).
1G to 1 aLrst Invasion (taken).
20 to 1 agst Th Hatchet (taken).
20 to 1 agst Bit of Blue (taken).
25 to 1 agst King Pepin (taken).

DERBY.
7to 1 agst Autocrat.
10 to 1 agst King Tom.
20 to 1 agst Dervish.
Bto 2 agst Autocrat and King Tom.
4to 1 agst Scott's lot.

SPORTING NOTES.

THE RACE FOR THE CESAREWITCH.

Regarded as a " betting race" simply, the Cesarewitch
was uninteresting and unsatisfactory. King Pepin, and
at the last moment, Songstress, were the only animals
that were supported with sustained spirit ; the in-
vestments on the "outsiders" were comparatively insig-
nificant, and so unsettled was speculation that no animal
figured steadily in the betting. The "state of the odds"
at starting fully attests the truth of these observations ;
by comparing it with the "Doings at the Corner" of
the preceding week, it will be seen that in almost every
instance the quotations show a wide difference. The
prejudice against King Pepin having increased, and the
reports of his lameness not lacking confirmation,
so determined was the hostility of his opponents,
that his partisans were unable to maintain him in
his pride of place. Indeed, in the course of Mon-
day afternoon I saw 200 to 10 betted against
him by a nobleman of some literary celebrity ! Song-
stress's advance kept pace with King Pepin's retro-
gression, and she ultimately became the leading fa-
vourite. The changes relative to the other animals
were quite as remarkable, but not so important.
The race admits of a brief description. Haco,
Nabob, and King Pepin started in close company, and
occupied the foremost positions in the encounter
throughout. Haco achieved the victory cleverly
—his youthful jockey riding with great patience
and with much skill. Although Alfred Day suc-
ceeded in getting Nabob head and head with
Haco within a short distance of home, yet the
rider of the latter evinced no impatience to get away
from him, and, with all the coolness and judgment of a
veteran, landed his horse a clever winner by a head—an
achievement of no little difficulty for a lad when pitted
against so experienced and skilful an "artist" as Alfred
Day. The casualties of the encounter were two—
both Bardolph and Songstress broke down ! The
result of the race was most fortunate to the fielders,
few persons excepting the owner and about three or four
of his friends having backed the horse. Indeed, Haco's
pretensions were generally deemed insignificant, and
were widely ridiculed. In the Subscription-room, on
Monday night, several persons declared that he was in-
capable of defeating a common hack ! His " antece-
dents" notified his unpopularity, for until his present
achievement he had been always disgracefully beaten.
For the Yorkshire Handicap—a race for which he
started first favourite—ho was weighted at 4 stone, and
was not even placed ! His present performance is,
therefore, glaringly incompatible with his previous
"exhibitions." The horse was sent to the post in capi-
tal condition—his clever trainer, Young King, having
evidently bestowed the greatest care upon his prepara-
tion. Nabob ran a good, game horse, and the forward
position which he obtained showed that the high opinion
which I formed of his chance was quite commensurate
with the horse's pretensions. King Pepin obtained a
more forward position than I had anticipated. By the
accident mentioned above, Songstress was early placed
hors de combat.

The principal winners are Mr. Barret:, the owner of
Haco, who nets, in stakes and bets, upwards of 20,0001.,
Mr. Barrett of Stockbridge, Mr. Perry, and Mr. Ben-
yon of Liverpool. The "Leviathan" won about 5,0001.
ou his book; had the second horse won, however, he
would have brought off a "dollop."

The withdrawal of Stockwell left only three competi-
tors for the Whip. Kingston went away with a lead at
a steady pace, which he maintained to the end, winning
by six lengths. Teddington and Weathergage broke
down. In running Teddington for the Cesarewitch and
subsequently for this event, his owner is obnoxious to
the charge of cupidity and cruelty. On Monday I stated
that he would not run for both events, unless his owner
intended either to break his heart or break him down.
The racing appointed for Thursday requires no elabo-
rate discussion. Judging from the support which Der-
vish receives in the market for the Derby, his party must
have implicit confidence in his ability to carry off the
200 sovs. Sweepstakes. In his absence Boer would be
the most noteworthy name in the list of nominations.
Sortie is likely to win the Bretby Stakes. The Pren-
dergast is the only event of importance to be decided on
Friday. Alembic, Brother to Mountain Deer, and the
colt by Cowl, out of Minerva, are likely to fill the fore-
most places. Alembic and Brother to Mountain Deer
have each a 61b penalty, the Minerva colt may therefore
" pull through."

Newmarket, Tuesday Night. A FRESH MAN.

MIDDLESEX SESSIONS.-(THIS DAY.)

(Before Mr. Witham, at 'Westminster.)

OUTRAGE BY THE MILITARY.

Hugh Bowland, Daniel Kerwin, Michael Nowland,
and Frederick, Robinson, four privates in the 17th Lan-
cers, were indicted for assaulting and wounding.
The prosecutor, who keeps the Hope coffee-house, in
Middle-row, Knightsbridge, stated that on the morning
of the 6th of this month, at about half-past two, Now-
land and a woman came into his coffee-room, and called
for some tea and other things to the amount of 6d., and
when the waiter took them to him he (Nowland) said
he had no money, and offered to leave his cane and
gloves, which was acceded to, and he shortly
afterwards left, but almost immediately returned
and wanted to have his gloves back, which
prisoner refused. He then went to the door, and
called in the other prisoners, who began quarrelling
about the amount due. Prosecutor told them to leave
his shop, and tried to put them out, upon which a
scuffle ensued, and he got much beaten and his coat torn
to pieces. His wife, hearing the disturbance, came to
his aid, but was kept back by Kerwin and Robin-
son, and just as prosecutor had got Nowland
to the door, Bowland went to the fire-place, and,
taking the poker, came behind prosecutor and
struck him senseless with it, making a fearful gash
in his head. The police by this time came, and the
prisoners were secured and prosecutor taken to the hos-
pital. It did not appear that the other three took
any part in the outrage beyond a scuffle to prevent being
turned out.

The jury acquitted them ; and Bowland having pleaded
guilty to the common assault, was, to the surprise of
every one in court, merely ordered to enter into recog-
nisances to appear when called upon for judgment.
This, with a few unimportant assault cases, finished
the business of the session.

THE NEW STAMP DUTlES.—Yesterday the new stamp
act, 16 and 17 Vie., cap. 59, came into force. It has re-
lation to other duties than receipt stamps, which are to be
at the uniform rate of one penny on 2/. and upward. In
case of any insurance for lives a stamp policy is to Le
made out, and the officers of insurance companies are
to be answerable for any default. A reduction is made
on articles of clerkship to attorneys of the county Pala-
tine, which may be stamped for admission into the su-
perior courts on the payment of the additional duty.
Licenses to perform divine services while churches are
being repaired, are to be free from stamp duty. Where
property is sold subject to any mortgage, the mortgage
money is to be deemed part of the purchase money,
whether agreed to be paid by the purchaser or not.
Where property is sold in consideration of a redeemable
annuity, the redemption money is to be deemed the pur-
chase money. The c mmissioners o fthe Inland Rev e e
may adjudge what deeds are liable to stamp duty.
Officers of the post-office may, on being authorised, now
sell postage stamps. Playing cards must not be sold
without the stamp on the ace of spades. The stamp
duties in Ireland are now made perpetual. Such is au
outline of the new duties which came into operation.