The Sun.
London, England, 1854-09-14 00:00:00

THE SUN, LONDON, THURSDAY EVENING, SEPTEMBER 14, 1854.

40,000 men are to enter Wallachia. In the spring an
Austrian corps was posted from Montenegro along
Herzegowina and Bosnia to Servia. That corps has
been dismissed and placed on a peaoe•footing. In the
Caine way, the 6th corps darmee, which had been called
from Italy to Vienna to form there an army of reserve,
was, placed on a peace footing when the cabinet of
Vienna had received the notification of the evacuation
of the principalities by the Russians."

f) N r
L$ 1 1A 4 I 141 Alt K
I. -A A

AND
COM MBRCI A L INTELLIGENCE.

CITY, TWO o'CLOCK.

The sales of cotton at Liverpool yesterday
were estimated at 8,000 bales, including 1,500
American taken for export and on speculation.
The sales comprised 6,500 American, 600 Egyp-
tian at sid. to Bid., and 800 Surat at 3d. to 4i-d.
per lb. Railway shares were very firm at an ad-
vance ofi- to 1 per cent.
The state of trade is satisfactory in the produce
markets, but the purchases are almost entirely for
consumption.

Mr. Edward Chaloner, the timber broker,
writing on the Liverpool wood trade, states :

" In July month the harvest was uncertain, the Bank
rate of loanable capital was 51 per cent. ; C inadian fir
timber was 2s per foot. Since that month we have been
blessed with a harvest now generally cut and secured,
which for quantity, quality, and weight, has had no
pa-allel in the present century, causing the Bank to re-
duce her interest rate, already, to 5 per cent. ; and it is
confidently expected it will be further reduced to 4 per
cent, before the end of this month, and yet Canadian fir

timber can only be quoted at is 6d per foot. Although
the stocks are. not heavy, and the second or fall voyage
will not be generally made this year by the shipping em-
ployed in the North American timber trade ; hence the
four causes which have always been considered as pre-
monitory to an advance in prices, namely, cheap corn, an
easing money market, low stocks, and small supplies ex-
pected, now operate upon this market."

There are several arrivals from Australia this
morning, and although not bringing later dates,
they have a large amount of bullion, say, 360,0001.,
on board. The Nile, from Sydney, brings 17,391

ounces, the Washington Irving, also from Sydney,
13,734 ounces, the Brieeis, from Melbourne, 43,612
ounces, and 10,0001., and the Nelson, from Mel-
bourne, 14,234 ounces. These vessels do not in
any instance bring later advices, but they supply
some intermediate dates with a few details of in-
terest. The following account is given of the
future prospects of Ballarat, Victoria :

" When we consider what Ballarat is now, and what
position in the list of important places she may hereafter
occupy, the mind loses itself in the contemplation of the
extent of her resources and capabilities.
"Ballarat, unlike the other mining districts of Aus-
tralia, cannot be worked out in a few years or months
and left by the legitimate miner, for the downy fossi-
kers' to turn over and over again the rich soil at present
refuse, but in which many a shining nugget lies hid.
The claims at Ballarat cannot be worked by one or two
men, and perhaps finished in a day ; other tools than a
pick and shovel are requisite to commence a real Bal-
larat claim, and no sickly or weakly miner can under-
take to sink a shaft of from a hundred to a hundred
and sixty feet deep, with occasionally sixty or seventy
feet of it to be sunk working up to the middle in water,
with the additional inconvenience of foul air to boot ;
and no man or party of men will have the temerity to
commence sinking a shaft without at least a hundred
pounds in hand to defrecy the cost of food, clothing, and
mining implements, for some two or three months, with
the risk of the same claim turning out a " shicer."
" Of course fortunes, and immense ones, have been
made by men who have put forth the least exertion, and
who have been possessed of the minimum amount of in-
telligence ; but, as a general thsng, none but strong,
persevering, practical miners, can expect to be success-
ful here.

" And of such men is the majority of the Ballarat
miners composed—men who see plainly that no other
district in Australia presents so many opportunities of
realising a competence in so short a time, and offers
such inducements to ' settle down ' as the delightful
country of and around Ballarat. Already we see de.
tided indications on the part of miners, storekeepers,
and professional gentlemen to locate permanently here,
and are sending for their wives and families to join
them in this their future home.

"The township is advancing with rapid and at the
same time well-directed strides, and even now pre-
sents a regular appearance. The carpenter's hammer,
the bricklayer's trowel, the smith's ringing anvil, and the
crack of the drayman's whip, are heard from early morn
to far advanced night, and stores, offices, private dwell-
ing houses, neat Elizabethan cottages, are springing up
with a Californian rapidity, but of more durable con-
struction.

" Land in the township has been sold at the rate of
above 3,0001. per acre, and cannot be obtained in some
localities for double that sum. The site is admirably
well selected, being on a raised kind of plateau, with
a never-failing supply of good water from a rivulet or
creek, which meanders along the skirts of the township,
and is fed by the finest lake imaginable—seemingly in-
tended by nature as a reservoir from which a large and
populous town is to be supplied with the greatest ne-
cessity, water.

" The country around is well wooded, and is able to
supply both timber and firewood for the factory, the
railway train, and the domestic hearth, without being
for years at all perceptibly diminished. From the ele-
vated position of the township, the work and expense of
drainage will be reduced to a mere trifle. "Add to all
these natural advantages the fine roads now in construc-
tion, a railway from •Geelong, the principal port and
future capital of 'Western Victoria, a line for telegra
phic communication soon to be established from the.
metropolis to Ballarat and the Bendigo. Add to this the
pushing, persevering, go a head character of the popula-
tion, the enterprise visible everywhere; and we have
more than twice the number of places of amusement
and recreation than are to be found in Geelong, and
all more extensively patronised. Theatres, Olympic
circus, ball rooms, concert rooms, American bowling
saloons, and lecture rooms, all supported by talent and
ability of the first order ; so much so, that ..a trip to
town to enjoy holiday recreation is no longer felt; in
fact, the sca!es will soon be to ned, and the good, quiet,
steady folks of Geelong, will have to come to Ballarat
to enjoy their holidays.
" But, says the distant reader, surprised, what is there
to.maintain such a state of things 1 We will tell hint.
There are hundreds of square miles known to contain
gold, in and around Ballarat, that have not yet been
touched, and which will, no doubt, furnish nuggets in
galore, for years and years to come, and good wages to
the fossicker fora century, while the great depth of the
sinking will render it impossible that the ground can be
11 worked i❑ the present age.
" Very numerous other reasons combine to indicate
that Ballarat has a splendid and glorious future before
it, and that it is destined to be one of the most hu-
portant cities in Australia."

The half-yearly general court of proprietors of
the Bank of England was held this day, J. G.
Hubbard, Esq., the governor, in the chair, who
said he had to inform the court that the net profits
of the half-year were 625,3261. 6s. Id., making the
amount of rest on the 31st of August, 3,654,9121.
Bs. Id. After the dividend now proposed of 41
per cent. for the half-year free of income tax, the
rest would be 3,000,0271. Bs. Id. The dividend
was agreed to unanimously.
The Consol market was tolerably firm at the
commencement of business, but there has since
been a delivery of stock, and a reaction has in
consequence taken place from 95i to 95i Time
bargains have been entered into at 958- and since
at 95a There is, however, scarcely any specu-

lation On foot, and we shall probably have a very
dull account until the. October settlement takes
place, so many persons being now out of town.
Exchequer Bills have been Gs. to 9s. and East
India Bonds 9s. premium. Exchequer Bonds,
both of 1858 and 1859 have been done at par.
Bank Stock for account is steady at 213.

20
St.
St.
10
6A

In the foreign market there is a heavy tone.
The Turkish Scrip has been flat at 5k to 51 pre-
mium. Russian 4i per Cents. have been 88. i.
Brazilian Old Stock is quoted 1011 and Buenos
Ayres 56. The Swedish 4 per Cents. have been
done at 871. Spanish and Mexican Stocks have
been merely nominal.
Iu the Railway Share Market, the settlement of
the account has been in progress, and has led to
an advance in the prices of the chief lines. The
transactions, however, are almost exclusively con-
nected with the account, and have been mostly in
the Great Western, Berwick, North Western, and
Midland. The Foreign Shares are merely nominal.
The Gold Mines are dull, and the Joint Stock
Banks in fair request. Crystal Palace shares have
been lower.

BRITISH FUNDS THIS DAY.—CLOSING PRICES
( Front the Oticial List. )

3 per Cent. Consols Annuities Business lone.
India Bonds, £IOOO
Ditto, under £lOOO .•.. .. ... ... ...... 9
Bank Stock
Ditto for the Account—
-213
Consols for Account 17th Oct
Exchequer Bills, 24d.
I'looo
Exchequer Bonds
18591858, per Cent. .. : ... 100
Ditto , „ ...... 100
PRICE OF FOREIGN FUNDS THIS DAY.
alailian Bonds, 5 per Cent lOll
Buenos Ayres Bonds, 6 per Cent —
Ditto for the Account
-Grenada Bonds, Deferred
PortuguesePl;(u' is: usivai ua Peruvian
Bonds, B
Bon:
in sdlsB4' :42,1113e5errpCeCerenntt. Cent,. . £ St ..
877461 i. xcl
Ditto 41 per Cent..., sBi
S,)auish Bonds, 3 per Cent. 37i
Spanish New Deferred, 3 per Cent lB'
Ditto Passive (Converted)
Swedish 4 per Cent
Turkish Scrip _ .
5} i it

- .
Dividend' on the above payable in London.

THREE O'CLOCK.

_
Comols
Ditto October Ac4Crunt mittimw!ilet 85i 6

SHARE MARKETS.

(THIS DAY.)

BRITISH RAILWAYS•

Shr. In

RAUMATII.

St. 11
12A

)O Aberdeen..
8§ Ambg. Nottng Bost
and Eastn.
611 Belfast & Ballymena.

Dlosing Prices
this day.

22 --: 22i

4i - 5i

all Birming. Wolverh. St.
Stour Valley ......
!Oi Birkenll. Lancsh. &
Cheshire Juuct

9 - 91

31 I 2'

u. —lO al

11 Do. Mesh. & Birk.,
£5O and £25 Cons.
.9 Do., £20..... ....... ..
10 Myth &Tyne original
£25 (issd.....at £45)

17 18
7 6d

22 I l'
25 31

Caledonian
.s. Cat marthen and Car
digau
Xll Chester 4¢ Holyhead
.11 Cork and Bandon
all Cork, Black, & Pass
14 sJoruwall
Crieff Junction
45 Dub] in &Belfast June
all Dundee Perth&Aber
teen Junction ...... .
I Do. New
East Ang1ian..........
1 Eastern Counties.....
00 Eastern Union, A

St. 10
St. 10
10 ,211

Bristol and Exeter.:

96 - 97
67 - 67

15A -
10 - 12

2 id'

7 -

St. 10
20 a
St.

17 - 18
12 -12 i

St. li
25 1
St. 101

001
Stock
[ De., B. Stock
_B6 Do., New A

70 - 72
(33 - 13

24 - 25

89 - 9i)
71 - 73
[24 -127
t)3A -94 i
741 , 741

75 - 78

50 al
16i IA
161
St. 101
19i
14
20 al
11A al

86 - 88
10 - 12
10 -12 •
i
4
751 - 7i
5 -

-
104 - 105
104 104

St. 111
20 I :

-
P
85 86
9 83.
g 7d,

12315 t. Xi

~5 sa

8/ 2.8
St. I

72 -72 i
42 - 14

50 a]
25 2!
.00 31

2r 1
Et)
20 a.

St. 11
50
St. 1.1

8 I al

St. 101
23 21
25 1:
50

lo Iti

2011
20 al

50 al
20 t
20

25 I a

St. Iti

20 I 1
20 1 21

d— par
8— 6 o
2 - 2i

5i - 6i
48 - 50

34 ... 35
8 10

1i
6
77}
5
friu
3t —34 d
1.. —15 A
56 Lei
54 st)
4 p
Aa p
4
6i 74
id—ip

31 - 36

63 - 65
74 S,
34 - 311

67 en
234 344
1 -- pal

3 - 35

... ..... .

••• ''."...
•

.•• """

31 - :3i
l 3 19
41 -
24 -
4 - 5

ii = ii

FOREIGN.

.1 Antwerp&Rotterdam
3 Belgian Eastn. June,
8 Beziers to Graissessac
!s. Bombay, Baroda, and
Central I ndia,Scrip
Central of Italy
al Demerara
.4 Dijon and Besancon
9 Dutch Rhenish
.11 Eastern of France
0 Do, New
11 East Indian
2 Do. Extension
11 Do. 41 p. e. Bds., pay.
'57, convertible
.11 Do. do. do., '59, do
.0 Gd. Junct. of France
.0 Gd. Tk of CanadaA is.
al Do. do
al Do. St. Lawrence &
Atlantic do.
11 Do. Cert. of Deben.,
con, into Stk. till '63
al Do. Comp. 6p, c., do.
.0 Gt. Central of France
dl lit, Indian Peninsula
1 Do. New 5 per cent.
.11 Gt.Westernof Canada
Shares
611 Do. Bds., payable's7,
with option till '55.,
11 Do. do., '62, p. '56
.11 Do. do., '76, p. '6O
.11 Do. do., 73, without
option
11 Hamilton & Toronto)
611 Do. 6 per cent. ... 1
8 Lake & 8a.41
c
.11 Lucca & Pistoja 5 p.c.
.0 Great Luxembourg
Constituted Shares
al Do. Obligations,,,.
0 Lyons and Geneva
2 Lyons & Mediterran.
3 hams .................
Do. New, ..............
Maria Antonia ......
di Do. do. Now ......
R...
2 Melbourne Dk, y.
dl Namur & Liege (wit),
interest) ............
di Do. (ex interest) ......
al Northern of France.
D 0.201. Sh slate Char-
leroi and Erquelines
gu 4r. 3# p. c. & red.
at 2211. dur. 88 yrs.
from 1 Jan. 185 a. ,
all Do. 201. 3 p. c Bch,
(fmy.B. & Ams.Shs.,
all NorwegianTrunkPref
14 Paris and Ly0n5......
all Ditto Bonds
all Paris and Orleans....
all Paris and R0nen......
10
11
1351
tRPR aOOO iiyuy Royal
InC an
Royal
spawenaenddati
His
shCahbv eriv br. . g.
. .
all Sambre and Meuse._
all Do. 54 p. cent. Prof.
10 Southern of France.,
12 St. Andrew's and
Quebec (A)
dl West Flanders
al Do 5A per c. Prof.,
A) Western of France_
i West. of Switzerland
11 Wiesbaden
'0 Zenlanrl

17. a
20 1
20
20 al

LOO al
20 11
25 11
25 al
25 al

ICO a,
20 ti
5 al

100 I a'.

100 al
100 al
100 a]

20 1 ii

20
20 1
20 1
20 z
33k 3
10 a

20 al
1(i al
20 a:

3
d P

Business done
this day.

751 4j

76i 5j i

1011 i 5 4j

72i 3 2

33i I i

79 8 I
14}
94 a
15i
56i O

eel. ... •••
p
21 2 d
321 —32 i

2i 3p
4cl par

••• -
ZS ...?
6
7 - 6

8 6d
8 6d
i iP
6 - ;IP
A iP
17i —18 i
2d par
1d 1p ,
2 4

id -- par
1d par
2 —4,

... dis

21 -
3 - 3A
1 - lip

••• ••
par i• p

7 - 7

iii = ii

12} _ 1

8 =
18i -- 19ip

20
10
20
20

49
38 40
2.4-23 i
Par —1 p
8 --

••• •••••
...
•• pin

3i - 'i

10' a]
20 1
20 1

9(1 I "I

i• d
7PI

16 - 17

50 al
25
20

100 2
100 21
20 1

20 1 •l

(11IN T-6TUt.

tustralasia

al British Colonial Bank
and Loan Company
Lll British N. American
5 Chartd. Bank of Asia
2 Chrtd. Bnk. of India,
Australia, & China
15 Colonial
!O Commercial of Loud
L 4 English Scottish and

Australian
Lll Loud. Chart. Bk. of

50 2(
50 1(
100 2(
103

20 11
50 2'
20 a]
25 a]

per cent.

Australia
n London and County
.0 London Joint Stock
!O Loud. & Westminster
;5 National Provincial
of England
LO Do. New
?,21, National of Ireland
al New South Wales._
611 Oriental Bank of
Corporation
35 Provincial of Ireland

11 Do. New
1 Royal Auetraln.Bkg
& Gold Imp Co..

21j i

South Australia
Union of Australia
a Do. New
iniiol 0114911dOnnolt

London &
N. West.
L. &N. W.
Caledon...

113t.Nrthn.
I,Caldoniaaa.

11 a]

10s. al
20 1
1 al

Gt. Westnl
`Yk. New.
' & Borw.

:&NMd

Do
Do
S. Eastern
Do
,Peto & Co

'orfolk..

L.& N. W.
& Mic
Stckton &
Darlingt.
Aid

E. Count
Do

L. & N.W
&Ln&Yk
Do

Gt Northn
lAncash &
Yorksh.
MCleau
itockt. &
Darlingt

tWestn

95 - 100
98 - 100

137 - 140

ii = io

10". 0
-102 --
50 -- 51
25 -25 i
12i -- 136
23 -- 24
11t -11 i

2i - 2i

92 -- 94

58 - CO

133

2 is

30 - 31
93 - 95

31 3i
44 5
i i P
1 lip
13A —13 d

22 - 24

31 - 3i

...xd
114 116

107 - 109
100 - 102

6 -- 6A
99 -- 101
90 -- 92
94 -- 96
11 -11 a
17 -- 18
10a -- 11
75 -- 77
20 —;'l
10 -10 a
15 --
-
137 -- 138

•e• ''. N.,0

24 - 2ip
7 - 8
10 - 12

8 - 9
11i - 12
-

136 138
li id

S 7 - 90
103 - 106

92 - 94
3i - 4

1

114 - 116

12 - 14
i - }p

23i - 21
99 - 101

2 - 1

50 I a]

11 Agua Fria . .
11 Anglo Austrin. Gold
dl Anglo Californian
6 Australian
al Australian Cordillera'
dl Australian Freehold.'
dl Ave Maria
al Baden (Gd. Duchy of
al BlEenarvon Iron and

i - 1

-

Coal
5 British Iron
16 Brazilianimp.(issued
at 25 pm
11 Do. Cocaes & Cuiada
5 Do. St. John Del Rey
6 Carsons's Creek
Clarend•un Cons. Min
Co. of Jamaica
ill Cobre Copper
1 Colonial Gold
al Copper Min. of Eug
all Do. Pref. 7} p. cent.
Copiapo .
all English and Austin.
Copper Smeltg. Co.
2 Fortuna
20 all General
1 all at.NuggetVeinßag.
31 all Groat Polgooth .
1 all Liberty
3 all Linares
1 all Niariquita
10 9 Alexicau&S.Amerim
1 all New Granada
1 all New Linares Mining
and Smelting Co
ill Nouveau Monde
.11 Pontgibaud Silver
Lead Min. St Smelt
1 Port Philip
ill Quartz Rock
11 Rhymney Iron
11 Do. New
ll Santiago do Cuba
al South Australian ,
Tin Croft ..
11 United Mexican ,
,11 Waller
11 West Mariposa
2s. Worthing Mining o:
Australia
11 Yuba

20 I L
35

30 I al
20 li

...'
••111
i

-- i

101 a]

25 I al

8 - 8i

1 1 a]
20 I a]

3k - 3
lt - 24
26 - 23

15 a,
30 1:
1 al
10 7
28i al

25 1 l'
20 1

42 - 44

52 - 57
1- 3 p
11 - 13

li - 2
I - iP

... __.
i - - i
I -1

8 ... 1
64 :6!

i -

1N -

i.=

26 - t 8
8 9
al
Si 3i
a I

100 I :
St. lu

1 al
20 I 1,

Easiness
this day.

3 2j

Hospodar
Eva

Seducer

Orinoco

Gui co war..