The Sun.
London, England, 1854-09-19 00:00:00

SPAIN.

MADRID, 16th.—The Gazette will to- morrow
publish the nomination of General Zabala as Cap-
tain-General of Castillo, and that of General San
Miguel as Inspector of Cavalry. Generals Ler -
sundi and Turron have arrived at Madrid. The
police have visited and searched an hotel, where
they supposed they should find M. Soule.
General Narvaez went from Loja to Malaga,
where lie was received with the honours due to his
military rank, and embarked on the 11th for Mar-
seilles.
General O'Donnell was taken ill very suddenly
on the 14th while giving audience at the War-office.
The complaint is stated to be bilious cholic ; but
whether cholic or cholera, he soon recovered from
it, and is now doing well.
A Royal decree has been published annulling the
decree published by the preceding Government, by
which the order of Geronimitan Friars was re-esta-
blished at the Escurial. The preamble to it is
signed by all the Ministers.
General Shelly has resigned the Captaincy-Ge-
neral of Granada, and General Hoyos is gazetted
in his place.
The .Augsburg Gazette informs us that the insur-
rectionary party in lower Albania and Thessaly
is
again lifting its head. Between the 12th and 15th
of August the robber chief Skalyojitini was atßa-
, dovitzi, in Epirus (where the revolution com-
menced) with 500 men ; Grivas is with 1,500, and
Katarathia with 600 men in Thessaly. If Sebas-
topol should fall, we shall probably hear nothing
more of these heroes, and soon learn that his Ma-
. jesty King Otho has become more tractable.

THE SWELL MOB IT BANCHORY.—A few of those
speculative individuals who set at nought the ordinances
which regulate the rights of property, availed them-
selves of the opportunity afforded by her Majesty's visit
to Banchory to astonish the natives by their dexterous
manipulation. From one man's pocket the circulation
of the current coin was illegally accelerated, while an-
other man, looking to the safety of his own purse, drew
forth the empty one of his neighbour, which the wily
artist had transferred to his custody after appropriating
the contents. "The public attention" of Banchory was
immediately called to these mysterious events, and the
result was the capture of the delinquents. After her
Majesty's departure a court of justice was improvised
for the trial of the offenders by some of the county ma-
gistrates who were in attendance, and the prisoners
were arraigned. Their worships, however, had no
clerk, and their desire to vindicate the outraged law was
likely to prove unavailing ; but from this dilemma they
were relieved by the offer of a gentleman connected
with the local press to take down the evidence. The
testimony of the complainants having been duly re-
corded, the magistrates proceeded to attach their sig-
natures to the depositions, but their dismay was very
great on finding the page covered with those wild-look-
ing and flighty memorials which are called into exist-
ence by the pen of the stenographer. Their worships
could make nothing out of the manuscript but hooks
and eyes and quaint figures of less simple proportions,
and they suggested that the stenographer should copy
out the notes for their enlightenment. They declined,
however, to say that they would reward him for his
trouble ; and on his refusal to perform the work gratui-
tously, the only course remaining for their adoption
preparatory to the committal of the offenders was to
affix their names to a mysterious document, the contents
whereof had baffled the keenest efforts of their' in-
tellect.
THE AUTHORSHIP OF JUNIUS.—Mr W. Cramp is pre-
paring for press a brief memoir of Solomon Dayrelle,
Esq., the godson and intimate friend of the celebrated
Earl of Chesterfield ; also some account of Mrs. Christa-
bella. Dayrolle, the amanuensis of Junius; A. memoir of
the presumed confederates of Junius must be considered.
a desideratum by all who feel an interest in the dis-
coveryof the great political satirist, since Junius, who.
ever erhe was, must have had one or more confidential
person's to assist him.- -Critic.
PAISLEY SANITY.—In the Registration Court, Paisley,
the question was incidentally mooted whether confine-
ment of an elector in a madhouse was a sufficient reason
for expunging the name of the unfortunate individual
from the roll. One gentleman declared most emphati-
cally, that if madness was a disqualifying circumstance,
at least one-half of the electors on the roll were liable to
hay° their names Otruck off,—Pctfley journal.

M 0 E 4 MA II K

AND
f)OMMERCIAL INTELLIG-ENcE.

CITY, TV o o'CLOCK

The sales of cotton at Liverpool yesterday
were estimated at 5,000 bales, including 1,000
American, taken for export and on speculation ;
140 Perlman and Maranham, at 61d. to 7ld'. ; 50
Bahia, at 6 d. ; 200 Egyptian, at sid. to 70. ;
and 500 Surat, at 3d. to 4&d. per lb. Railway
shares were dull and heavy, at rather lower

prices.
The occurrence of failures is at all times calcu-
lated to arrest attention, and the information has
been received with much regret, therefore, of the
suspension of Messrs. Dean, Youle, and Co., of
Liverpool, in the South American trade. We
fear, nevertheless, that many other stoppages will
occur ; the result, in the first place, of that re-
striction in business occasioned by the war, and
more recently of the embarrassments on the other
side of the Atlantic. The agriculturists of the
United States will be partially crippled in their
means, and will be more economical in their
purchases of manufactures, owing to the partial
failure of the Indian corn crops, while
the derangement among the railway speculators
will prevent the extension of the lines and the
giving of contracts for iron and other materials.
Here then is a direct influence exercised upon our
manufacturers, and those who were originally
weak, aad who have suffered by the reaction in the
Australian trade, by the China rebellion, and the
Turkish war, may perhaps have to succumb. One
result of the reaction in America will. be to arrest
the remittance of State bonds and securities, which
was being so freely made to Europe, and so far the
London money market will experience relief. How
far the convulsion in American railway property is
justified, it would be impossible for us at a distance,
to say, though we apprehend there has been enough
of extravagance and mismanagement, as in England.
While one party maintains that railroad stocks are
inherently rotten, and must further decline iu the
United States, others who have also local opportu-
nities of judging prognosticate an improvement.
The Erie stock has fallen seriously, and the holders
at New York have laboured under a complete
panic, but the directors assert that this is not
justified by the position of the company. This
they explain in the following circular, which is in-
teresting to many parties having shares and stock
here : •

"Office New York and Erie Railroad Company,
New York, September 4, 1854.
1 " The directors observe with deep regret the great de-
pression in the market value of the stock and bonds of
the company, and the almost total loss of its credit, so
much so that the board have been compelled to resort to
very extraordinary measures to fulfil the obligations of
the company.
" The airectors have not lost confidence themselves
in the ultimate success of this great enterprise, and are
confident that the plans they will adopt for relieving the
company from its present embarrassments, and provid-
ing for the income bonds due in February next, will
meet with the approval of those interested.
"We think that, taking the country through, there
need be no fear of scarcity, for the drought has been
more severe here than in any other part of the country,
and must be felt more here than on the rich lands of the
West. That the corn crop is short there can be
no doubt, but when the effect of this is brought to
its proper bearings, whiCh will hardly be before next
spring, we shall find that it will simply be a short
supply of pork and lard, and whisky, and a price
for corn more nearly approaching that of wheat than
usual. If the speculators understand this and buy up
the pork, lard, and whisky early in the season, they
will do a service by seasonably checking the consump-
tion, and more nearly equalising the price through the
winter and spring, and so high a maximum will not be
eached as would otherwise happen. except for a brief
period, while they are making their purchases.
"At an early day their plans will be presented to the
public, with a report of the business and condition of
the company, which the board confidently believe will
be sati, factory.
"The operations of the road during the 9 months of
the present fiscal year, commencing Oct. 1, 1853, and
ending June 30, 1854, down to which time full accounts
are made up, have been as follows :
Transportation earnings 53,953,298 42
Transportation expenses, including inte-
rest on the funded and floating debt 3,336776 78

Surplus
Which shows a profit of $616,521 64, equal to 8 per
cent. per annum upon the capital of the company, over
and above all expenses of every kind, and the interest
and commission which have been chargeable upon its
entire funded and floating debt.
"Notwithstanding the sickly season through which
we have just passed, and the depressed state of the busi-
ness of the country, and the consequent effects upon
'the business of the road, the board entertains the opi-
‘nion that the returns when rendered for the last quarter
of the year will present a net gain equal to the average
of the three previous quarters.
"This brief statement is now made, in advance of a
more full report, in answer to numerous anxious inquiries
concerning the business of the road, and in the belief
that something of the kind is necessary to prevent timid
holders of the stock and the bonds from unnecessarily
sacrificing their property.
"Published by order of the board,
" HomEa RAMSDELL, President."
Showing a decrease on the Welland and Chambly Canals,
and an increase on the St. Lawrence, Burlington Bay
Canals, and St. Ann's Lock, and a decrease on the
whole of 2511. Bs. 311 The amount of tolls from the
commencement of the season to July, 1853, was
40,1931. 158. 91d. ; ditto same period 1854 39,8121. 16s.
81d. ; decrease this year, 3801. 19s. 11d.
Advices from Peru state that the contending
armies were near each other, and that Castella's
forces in a skirmish had the advantage of the Go-
vernment troops. Castella was receiving assistance
from Belza, the President of Bolivia.
The demand for gold for exportation has in-
creased, and some large shipments are in progress,
the amounts from Australia and America furnish-
ing the means. The Turkish Loan and the war
expenditure in the East, together with the liqui-
dation of debts due by merchants on the other
side of the Atlantic to their French correspondents,
the money being remitted through England, will
account for the exports.
There has been a decline in English Securities,
and Money Stock has been brought to market.
Consols have been at 951- to and since at 95 to /
for transfer, and at 95i to for account, being now
95i to Exchequer Bills are 6s. to 9s. premium.
All are anxiously awaiting news from the Crimea.
Foreign Stocks have been heavy. Mexican
Bonds realise 241 f. Spanish 3 per Cents. are
steady at 38. The Turkish Scrip is at 3to 31 pre-
mium. Dutch 21 per Cents. have been done at
61.
The following are thepnominal prices of foreign
stocks :—Grenada Deferred Bonds, 6 to 6,3/4
Mexican, 241 to 241 ; Peruvian, '7O to 72 ; ditto
3 per Cents., 51 to 53 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 98 to 100 ; ditto
4i per Cents., 88 to 90 ; Spanish New Deferred,
18i to 18i ; ditto 3 per Cents., 37i to 38 ; ditto
Certificates, 51 to 5i ; ditto Passive, 4 to 4f.
Railway Shares have been inactive, and gene-
rally rather lower. The miscellaneous shares are
at about previous rates.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(From the Official List.)
811,11105 done.
3 per Cent. Consols Annuities 953 a 5 I
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan.,1860 4i
Consols for Account 17th Oct.
Exchequer Bills, 24d.
'2l000
2500 6 9 p
Small 7 9
Exchequer Bonds 1858, 33 per Cent. —
Ditto 1859, „
PRICE OF FOREIGN FUNDS THIS DAY.
tlexican 3 per Cent.
Spanish Bonds, 3 per Cent. 3B

Tarkish Scrip
Ditto for the Account 3 pxn
Swedish 4 per Cent.. BB
Dividends on the above payable in London.
Dutch Exchange, 2i per Ceut. 12 Gull ..... 61i
THREE O'CLOCK.

Consols
Ditto October _►_ccount

Out of 110 steam-packets now employed in conveying
mails 54 are built of wood, and 56 of iron ; 89 are pro-
pelled by paddle-wheels, and 21 by screws. Only 21
out of the 110 steamers have lightning conductors fitted
to them. All the mail packets between Liverpool and
America, and nearly all of the Royal West India Mail
steamers are wooden ones, are propelled by paddle-
wheels, and have lightning conductors. All the Chan-
nel Island, the Panama, and General Screw Companies,
and the greater portion of the Oriental Company's
steamers are iron ones. All the General Screw Com-
pany's and a considerable number of the Oriental Cum-
pany's steamers are screws.
A FOUTUNATE FISHERMAN.—The Banffshire Tournat
states that George Wood, a fisherman at Potknockie,
has fished 595 crane of herrings during the present year,
the value of which, when cured, will be upwards of
6001.