The Sun.
London, England, 1854-02-08 00:00:00

THE SUN, LONDON, WEDNESDAY EVENING, FEBRUARY 8, 1854.

the taunt of having changed his opinions, when
he now hints at the propriety of what he re-
peatedly argue(l against, and which his influence
sufficed to throw out. We wish for his sake it had
been otherwise, but still we must feel that the
exhibition of sound judgment by the Ministerial
Leader is " better late than never."

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 500 American
aid 500 Surat were taken on speculation. The
market closed firmly. Prices of American, 51-d. to
6111., were a shade against the buyer. The sales
comprised 4,000 American, 20 Bahia, at 6d., 300
Egyptian at 61d, to lid., 1,500 Surat at 20. to
4d., and 60 Sea Island at ls. to 2s. per lb. Rail-
way Shares were fiat at per cent. lower.
The public tea sales are going off very flatly.
The following is an account of the indigo auc-
tions, as furnished by Messrs. H. W. Jewsbury
and Co.
" The Quarterly Sales commenced yesterday, consisting
of 14,402 chests (including, 5,440 chests of old goods,
bought in at, or withdrawn from former sales, and 1,282
chests in second hands), comprising the following, viz.:-
7,806 chests Bengal, Oude, Ste. ; 2,303 Madras ; 2,356
Kurpah ; 124 Binalipatam ; 7 Salem ; 57 Calcutta Fig;
23 Pondicheerry ; 219 withdrawn, not printed, and not
ready for inspecticn; 220 lots warehouse sweepings (in
small boxes) ; 1,212 chests various (in second hands).
Total, 14,402.

" the qualities of the Bengal are about three-fourths
middling and ordinary, and one-fourth good and fine ; the
Madras one-fourth middling, with a small proportion of
good and fine, and three-fourths ordinary ; the Kurpah
three-fourths midding and ordinary, and one-fourth good
and fine ; the Oude two-thirds ordinary, and one-third
middling and gocd ; the Bimlipatam middling and
ordinary.
" The sales openel with a parcel of fine Bengal, which
was withdrawn (after trying a few lots) at fully previous
rates, after this, a parcel of good middling Bengal passed,
and about one-thire sold at a reduction of 2d. to 4d. per
lb. on October price ; consequently some parcels of mid-
dling Kurpah and Madras were offered, a few of the former
selling at about previous rates, but the latter were mostly
bought in at ratherlower prices.
" There was only a moderate attendance of both foreign
and home buyers, and the sales have opened without ani-
mation.

" We quote fine shipping qualities par to 2d. per lb.
lower; defective ditto, 2d. to 4d. per lb. lower; Kurpah,
par to 3d. lower; and Madras 2d. to 41. lower.
"939 chests have passed to-day, of which 139 were with-
drawn, 387 bought in, and 413 sold.
" The following are the highest and lowest prices :
Bengal ls. Od. to 6s. 10d. Madras ls. 6d. to 3s. 2d., Kur-
pah 2s. 3d. to 4s. ld., Pondicherry ls. od. to ls. 2d., Sweep-
ings 13- 10d. to 2s. Od. per lb."

The United States Emigration returns give the
total arrivals during 1853, at 334,870 persons,
which, as compared with those of the previous
year, show a material falling off. Of these, 113,164
were Irish, 119,475 Germans, 27,039 English, and
6,462 Scotch. Of the total, 50,321 were placed to
the item of citizens.

Canadian advices received yesterday, state that
the arrivals of shipping at the port of Quebec in
1853, comprised 536,034 tons, being an increase
over those of the previous year of 81,932 tons. The
copper mines of Lake Superior have proved highly
favourable. The bank circulation of Canada is
estimated at 20,000,060 dollars. The lumber
business during the winter has been very brisk,
the shipbuilders being busy. The Nova Scotia
Legislature was to meet on the 26th ult. for the
despatch of business.
Some statistics have been compiled of the rail-
ways in the United States, from which it appears
that the number of railroads is 390 ; the miles in
operation were 17,811 ; miles in course of construc-
tion 12,898, and the cost was 503,588,038 dollars.
The price of bar silver is ss. lid. per ounce.
Yesterday the dollars per Orinoco were sold at 55.,
an advance of id., but the bar silver has not yet
been disposed of. The gold by the Mohawk has
been melted and taken for exportation, and more
than half of the specie by the Europa has already
been taken for the Continent.

Bills of exchange upon the principal Continental
cities were quoted rather lower yesterday after-
noon. Paris being 25 27t to 30, Amsterdam 11
151 to 16, Hambusgh 13 41 to 41, and Trieste 13
10 to 20.

There are rumours that the negotiations between
the London and North Western and Great West-
ern Railway Companies are not proceeding in a
way that promises a satisfactory termination, and
some parties are blaming the latter company for
this. Not being sufficiently acquainted with the
facts, we are unable, of course, to state whether
the assertion that the Great Western Company will
not allow its rival to penetrate into Wales, while it
desires itself to get to Liverpool, be correct.
The Submarine Electric Telegraph Company
declared this day a dividend for the half-year, at
the rate of 8 per cent. per annum.
The report of the Cork and Bandon Railway
Company was adopted this day, excepting the pc r-
tion alluding to the raising of a further preference
capital for completing the works.
The English funds have been more variable, and
Consols upon money purchases made rose to 91
and 92k, and are now clown again to 94- I. The
market is kept up principally by the large Bear
account open, as just now there is less inclination
to invest, the conviction growing stronger that war
is inevitable, and upon a large scale, while the
neutrality of Austria and Prussia is felt by many
to be almost a success on the part of Count Orloff.
Exchequer Bills are rising, a proof of the amount
of surplus money awaiting more permanent invest-
ment, should affairs become settled. Bank Stock
is firm at 2161.

In Foreign Stocks there has been some recovery
from yeiterday's depression. Russian Bonds are
up aboat 1 to 11 per cent., the 5 per Cents. being
104 to 105 i, and the 4-i per Cents. 89 to 90. Mexi-
can Stock has been at 24k to 25f. Sardinian Bonds
have realised 851. Spanish Deferred Stock is
quotA 19k, and -Venezuela 28 to 4. Dutch 4 per
Cents. have been at 92 to
BRITISH MlNEs.—Transactions limited, and
market dull, with the exception of a few inquiries
fir Alfred Consols, Millands, Sortridge Consols,
Kilbrickens, Hingston Downs, and Tavys.
The current prices for the Jamaica Mines not
officially quoted are as follows:—Jamaica, -h. to
preniium ; Metcalfe, to I premium; Sue River,
discount to par ; Port Royal, a to a- premium.
The Railway Market has improved compared
with the lowest rates of yesterday, in consequence
of the rally in Consols, and there is a moderate
business doing in the principal lines. Generally
the Great Northern, Lancashire and Yorkshire,
Brighton and York, and North Midland are in
most request. French shares have been neglected,
but are firm.
In Gold Mines there are but few transactions,
and prices keep much as before.
The Joint-Stock Bank Shares have been very
quiet, and the Land Companies' are nominal.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(Prom the Official List.)
Business done.
Bank Stock ...•............... ................. 2164
3 per Cent. Reduced Annuities 92i i
3 per Cent, Consols Annuities 9ll 2h It,iit3
New 34 per Cent. Annuities 93i i i $
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 5
India Bonds, 1:1000 .
Ditto, under 01000 lO p
Consols for Account 15th Feb. 92 14 i 4,
Exchequer Bills, id.
£lOOO ............ 20 17 p
2500 2O 17 p
small 2O 17 p
PRICE OF FOREIGN FUNDS THIS DAY.
Danish Bonds, 1823, 3 per Cent —
Ditto 5 per Cent
,lexican 3 per Cent.
Russian Bonds, 1822, 5 per Cent. £St lO4 54 4
Ditto 44 per Cent B9 904
Ditto Small
Sardinian Bonds, 5 per •
Cent . . 854
spanish Bonds, 3 per Cent 4O
Spanish New Deferred, 3 per Cont. 196 i f
Venezuela Bonds, 34 per Cent. ... •••••• 28 i
Dividends on the above payable in London.
Belgianlßonds 44 per Cent. ex. 25 fr
Dutch Exchange, 24 per Cent. 12 Guil 6l
Ditto 4 per Cent. Certificates
THREE O'CLOCK.

Consols . ..
Ditto Febrna.....ry". * /1"c"c.o. *** n"t6".............................. 99111 1

LONDON AND SOUTH-WESTERN LITERARY AND SCIEN-
TIFIC INSTITUTION.—This was the first, or nearly so, of
the institutions established in connection with the great
railway Companies for the mental culture of those in
their employ, and we are glad to find that, notwithstand-
ing some drawbacks, it still holds it ground, and that
the members have extensively availed themselves of the
advantages it offers, among which, we may mention, are
an evening school, mechanical and free-hand drawing
and mutual instruction classes, weekly lectures, and a
well-selected library open on three evenings in the week.
From the report lately presented to the annual meeting,
it appears that the number of members has decreased,
in consequence of which the vocal and instrumental
music classes ' have been discontinued ; but this
unfortunate state of things is attributed
.to the
want of adequate accommodation, and it is gratifying
to find that the directors of the railway, in pursuance of
a promise formerly made, have apportioned the com-
pany's portion of Belmont House for the purposes of the
institution, which is expected to belreadyfor occupation
in about a month ; and, in addition, have increased their
annual subscription from 301. to 501. This act of libe-
rality on the part of the directors, and this proof of their
desire to promote the interests of their employees,will no
doubt be duly appreciated, and we hope the managers of
the institution will no longer have to complain of the
want of adequate support. The honorary secretary,
Mr. Macaulay, who with praiseworthy readiness offered
his services in that capacity when solicited to do so by
the committee, is entitled to the thanks of the body of
members at large for his unwearied exertions on behalf
of the institution;

LATEST FOREIGN NEWS.

RUSSIA AND TURKEY.

The Debats, of yesterday, after announcing the
departure of M. de Kisseleff for Paris, says—
" According to the news from Vienna, the mis-
sion of Count Orloff to the Emperor of Austria
must be considered as at an end. Count Orloff
was the bearer to Vienna of a counter-proposition
from the Emperor of Russia in answer to the last
proposition of the Conference of Vienna. That
counter-proposition had been judged unacceptable.
The representatives of the Four Powers at
Vienna had drawn up and signed a protest to
that effect, which was to be sent to St. Peters-
burgh, and in which it was declared that the last
offers of the Cabinet of St. Petersburg were not
of a nature to be sent to Constantinople. Count
Orloff had besides made a second proposition—.
that of forming a league of neutrality between
Austria, Prussia, and the Powers of the German
Confederation. The Cabinet of Austria had, it is
said, replied that it was impossible for them to bind
themselves to neutrality. Count Orloff has, there:
fore, failed in the two objects of his mission."
Baron de Budberg, the Russian Minister to the
Court of Berlin, arrived at Vienna on Monday
evening.

Count Orloff was expected to leave for St. Peters-
burg ou Wednesday. Foreseeing the same rebuff
at Berlin, he will refrain from visiting that capital.
In Paris and other capitals on the continent
there seems to be a strong belief that the mission of
the Count has not been quite so unsuccessful as
represented. It is said, "La mission officielle, du
Comte Orloff, a echouee, mais sa, mission veritable
a reussie ;" and many assert that the telegraphic
despatches from Vienna, announcing his " utter
failure," werefounded on reports artfully circulated
on purpose to mislead.
Whatever may have been the ostensible and de-
clared object of his mission, it is abundantly clear
that he was not sent seriously to ask Austria to
provoke the hostility of France and England by
abandoning the outward semblance of neutrality.
He was charged, on the contrary, to assure himself
of that neutrality, to neutralise the efforts of the
Western Powers to bring Austria over to their
side, and to come to an understanding as to a
course of combined action with her in certain con-
tingencies. These are the points upon which, it is
said, Count Orloff has entirely succeeded. The
Independance Beige affirms that Orloff was not in-
structed to ask Austria to join Russia in the war
now, but to maintain a strict neutrality, and to
rely upon Russia for assistance in case of an out-
break in Hungary or elsewhere. The Union,
alluding to the repetition by the Patrie of the
common report that Orloff had failed, says—" This
assertion of the Patrie is supported by no autho-
rity." The other legitimist, and consequently
Austro-Russian journal, the Assemblee, says—
" Until proof to the contrary, we cannot but be-
lieve that the German Powers will be neutral"—
meaning, as it is evident from the context, that
they will not, as has been affirmed, unite with
France and England in making war upon Russia.
Letters from Vienna of the 4th report that the
Austrian cabinet will not at present bind itself
either to Russia or the West, but adheres still to
its earlier principle, " not to take part in the strife
so long as the interests of the empire itself are not
endangered."
The New Prussian Gazette, a good authority on
Russian affairs, asserts that, notwithstanding all
that has passed, and in view of the non-acceptance
of the second Vienna project, France and England
have sent another peace proposal to St. Petersburg.
According to the dates given by the paper quoted,
the messenger should have reached the Russian
capital at the commencement of this present week.
It is certain, however, says the Gazette, that the
Emperor has declared, by Count Orloff, that he
will insist on the acceptance, by Turkey, of the
engagements inscribed in the first Vienna note.
According to a letter • from St. Petersburgh of
the 29th ult., published in the National Gazette of
Berlin, the war party was losing ground there, and
Count Nesselrode had resumed his former influence.
There was a rumour that the Emperor of Russia
had sent an autograph letter to the Queen of Eug.
land full of professions of a desire for peace.
It was said that the Emperor had written to
General Werewkin, ordering him, as a means of
preventing an attack on Tiflis by Schamyl, to
march against the Tschetschna.
It was thought that the Emperor, who is fully
aware of the position in which he is placed, would
endeavour to avoid a general conflagration, if he
could only preserve his honour and his rights.
An Imperial ukase confirms the summoning to
arms of all the reserves, as well as the soldiers on
furlough.

Advices from Constantinople, of the 27th ult.,
state that the combined fleets were still at Beycos.
Six ships again convoyed a Turkish steamer,
with troops, into the Black Sea.
The Russian fleet was at Sebastopol.

The above was received in Paris yesterday, but
the despatch also stated that the fleets had quitted
Beycos for the purpose of cruising before Sebastopol.
These last important.words were omitted. Besides
this, the despatch speaks of the arrival at Constan-
tinople of a Russian officer and ex-consul, without
mentioning the reason of their arrival ; but it ap-
pears (the despatch adds) that they had been made
prisoners in consequence of the discovery of a
Greek conspiracy at Widdin.
The Flyveposten of Copenhagen of the 2d states
that England, France, Russia, and the German
powers have signified their approbation of the
Neutrality of Denmark and Sweden.
The Oest. Correspondenz announces that 25,000
men have been sent to the Banat.

Several of the German journals have stated that
General Benkendorff, military attache of the Rus-
sian Embassy of Berlin, had quitted that city on a
mission to the King of the Belgians. A Berlin
letter of the 4th in the German Journal of Frank-
fort says there is no truth in this statement.
It is said that the Servian Government, yielding
to the suggestion of M. de Popoff, Secretary of the
Russian Consulate at Belgrade, will refuse to ac-
cept the two firmans of the Sultan, unless Russia
gives her consent.
From Constantinople we learn that half the
wounded sailors brought from Sinope have died
of their wounds. Osif Bey is revising the former
treaties between Russia and the Porte.
Lord Dudley Stuart left for England on the
25th.

It cannot be said that much progress is making
towards the formation of a Polish legion. A good
many Polish officers have joined the army in Asia,
but separately.
A communication from Orsova of the 29th Jan.
says that on the 27th General Aurep joined the
left wing of the corps between Radovan and Kala-
fat, and on the 28th led the onward movement of
the Russians. They occupied without opposition
two of the villaiges at the side of the morass which
extended from Kalafat almost to Cetate. On the
same day an engagement of outposts took place at
Bagletseki. The Russian siege train, which on the
27th was at Radovan, was on the 28th transferred
to Tschoroja.
One despatch characterises this Russian move-
ment as a mere reconnaissance, and announces that
the troops had been again withdrawn.
A letter from Bucharest in the Constitutionnel
says:—
" Malevolent persons have spread the calumny
that horrible massacres were committed by the
Turks at Turnoul on the 18th. This is what took
place :—Some Bulgarians having been pointed out
as Russian spies, 2,000 Albanese and other inhabi-
tants of Nicopois passeq. the Danube to inflict a
just chastisement on the traitors. After having
defeated the Russian garrison, which consisted of
200 Cossacks and 600 infantry, they sacked four
or five houses belonging to the persons indicated
and afterwards recrossed the Danube."
The aspect of Sinope is described as deplorable
—the Turkish town a shapeless heap of ruins, the
shore still littered plentifully with wrecks and
heaps of bodies, so scantily covered with sand that
the French and English sailors have been obliged
to dig trenches and bury them properly. A huge
anchor lying high and dry on a hill 300 feet high
and 1,000 feet from the sea fearfully records the
terrific explosion of one unfortunate ship, while
the half-finished framework of a new Turkish cor-

vette on the stocks, which escaped all damage
during and after the action, forms a strange con-
trast with all this havoc and ruin.

THE RUSSIAN ARMY IN THE PRIN-
CIPALITIES.

The following is au official statement of the
Rimaiian troops in the Princiiialities :-
I.—Tsoors BELONGING TO THE 3D CORPS D'ARMEE,

UNDER THE COMMAND OF GENERAL OSTEN SACKEN.
Bth Division of Infantry, under the command of
General Silvan, four regiments of 3,600 men 14,400
9th Division of Infantry, Genera! Samarin, four
regiments of 3,600 men
Bth and 9th Brigades of Foot Artillery, General
Halman, 8 bat:eries of 12 pieces, and 20 men
per piece (96 grins)
3d Division of Light Cavalry, 2 batteries of 8 pieces,
General Grotelheim, 4 regiments of 930 men 3,840
3d Brigade of Light Artillery, 2 batteries of 8 guns,
and 18 men per gun (16 guns)
A Battalion of Ch,sseurs
A Battalion of Sappers and Pontooniers
4 Regiments of Cossacks (720 each) 2,880

Effective force of General Osten-Sacken's corps _39,338
2.—TROOPS BELONGING TO THE 4TH CORPS D'ABMEE, COM-

MA DEB BY GENERAL DANNE,BERG.

10th Division of Infantry, General Semenoif, 4 re-
giments of 3,600 men each 14,400
11th Division of Infantry, General Pawloff, 2 regi- •
Tnents of 3,760 men, and 2 of 2,700 ......... .
12th Division of Infantry, General Liprandi, 4 re-
iments of 3,70 men
10th, 11th and 12th Brigades of Foot Artillery,
General Sixtel, 12 batteries of 12 guns, and 20
men per gun (141 '(runs)
4th Division of Light Cavalry, General Nerod, Ist
4 regiments of 960 men
4th Brigade of Light Artillery, 2 batteries of 8
pieces, and li men each (16 guns) 2BB
1 Battalion of Chasseurs 9OO
1 Battalion of Sappers and Pontooniers 960
8 Regiments of Cossacks, 800 men each. 6,400
1 Brigade of Artillery of Cossacks of the Don, 2
batteries of 8 pieces, and 18 men each (16 guns) 2BB

Total of 4th corps d'arniee 57,956
3.--TROOPS BELONGING TO THE STH CORPS D'ARMEE COM-

MANDED BY GENERAL TMERS.
15th Division of Infantry, General Marin, 4 regi-
ments of 3,700 men 14,800
15th Brigade of Foot Artillery, General Meyer I st,
4 batteries of 12 guns, and 20 men to each (48
guns)
sth Division of Light Cavalry, General Fischbach,
4 regiments of 960 men each 3,840
sth Brigade of Light Artillery, 2 batteries of 8
guns, and 18 men to each (16 guns) -.. 2BB
1 Battalion of Chasseurs 9OO
1 Battalion of Sappers and Pontoorders.
4 Regiments of Cossacks of the Don, 800 Lien each 3,201)

Total of 3d corps
4.—SIEGE ARTILLERY.
3 Brigades of Artillery of large calibre, Gbatteries
of 12 guns, and 24 men to each C 72 guns)
3 Squadrons of mounted Gendarmerie
Each regiment of Infantry has 80 carts vrith three
horses, with guides
Each battery and each regiment of cavalry reckons
25 carts, in all 4,000 horses 1,500
About 1,800 horses for the conveyance cf the bag-
gage of officers