The Sun.
London, England, 1853-07-15 00:00:00

A FRESH MAN,

SPORTING INTELLIGENCE.

LIVERPOOL RACES.
THURSDAY.

PRODUCE SWEEPSTAKES of 500 sovs each, h ft, for two.
yr-olds ; colts, Bst 101 b ; fillies, Bst 71b ; those by un.
tried stallions, or out of untried mares, allowed 31b,
T.Y.C. (3 subs.)
Sortie

The DERBY HANDICAP of 10 sovs each, with SO added by
the Earl of Derby ; second to save his stake. One
mile. (25 subs.)
Deformed

Filly by Gameboy
Poodle
The following also ran :—Lerrywheut, Abdallah, Lady
Agnes, and Rach4t4e.

Longbow was struck out at 4.50 p.m. on Wednesday.
Betting-5 to 2 each agst The Deformed and Maid of
Monton filly, 4to 1 agst Poodle. The Deformed took
the lead, followed by Poodle and Maid of Monton filly,
and the race was with the three throughout. At the
bridge turn Maid of Monton filly took second place, and
no further change occurred in their respective positions.
The Deformed won very cleverly by a length, the second
beating the third by the same distance. The others
were far behind, Lady Agnes and Rachdtde, who got
badly off, being fourth and fifth.

The FOAL STAKES of 100 sous each, li ft, for three-yr-
olds ; colts, Bst 61b ; fillies, Bst Mb. Once round and
a distance. (5 subs.)
Hobbyhorse

Doublethong

Betting-3 to lon Hobbyhorse, who won easily by
half a length.

The LIVERPOOL Cur, in specie, value 200 sovs., added
to a Handicap Sweepstakes of 25 sovs. each, 15 ft.
Two miles. One hundred and three subs., 70 of whom
declared, and pay 5 sovs. each.
Goorkah 1
Alp

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,500 Ame-
rican were taken for export. The market was
very firm at previous rates. The sales comprised
5,000 American, 100 Pernam and Maranham, at
6cl. to 7,1 d. ; 250 Bahia, at 6,1 d. to 6d. ; 500
Egyptian at 61d. to 10d. ; and 1,000 Surat, at 31d.
to 4W. per lb. Railway Shares were dull and in-
active, at lower prices.
The Produce Markets have been steady, and ex-
porters have made a few purchases. There is,
however, scarcely any speculation in progress. The
supplies generally are moderate, and prices have
ruled steady. Tea has been dull in the absence of
any later intelligence from China,. Rather more
has been done in coffee. Sugar has been at full
rates for West India, and East India is held firmly,
although not in much demand. For hemp and flax
there has been a good inquiry. Cotton has been
rather dull. Surat at 31 to 41 per lb. The
Indigo auctions are progressing rather better.
The public sales of wool have commenced, and
of colonial alone there will be over 60,000
bales put up. Foreign samples also will be
offered. The attendance of buyers is good,
but owing to the large quantity and the state of
the Eastern question, prices rule lower, the reduc-
tion, compared with the May sales, being id. to ld.
per lb.

- The Overland Mail arrived at Marseiles at seven
o'clock this morning, and the letters will be de-
livered here on Monday next.

The Committee of the House of Commons now
investigating the subject of the decimal coinage,
has closed its examination of witnesses, and there
appears to be a strong impression that the result
will be a recommendation favourable to the
changes proposed. Supposing 25 farthings to be
henceforth comprised in the 6d., it is contended by
some parties that there will be an inconvenience
because 6d. and 12d. are the only fractions which
can be confined within the limit of 3 places of
decimals, 3d. and 9d. requiring 4 places; 112 d.,
71,d., and 10-&d., requiring 5 places; id., 21d., 32d.,
51d., 62d., 81d., 92d., and 110., being inexpres-
sible strictly in less than six decimal places. A
correspondent, therefore, urges that—
" Disposing thus of sixteen out of the forty-eight
fractions of a shilling, we then find that no number of
figures whatever can represent precisely in decimals the
remaining 32 fractions required for the expression of
id., id., id., lid., 2d., 20. 2N., 3,1 d., 30., 4d.,
' 5d., 51d., 6a., 60., 7d., 711 iid.,
Bd., 80. 81d., 9&d., 00., 10d., 10/d., 11d.;11-0.,
and 111(f."
The practical way of dealing with these thirty-
two incommensurable quantities, is to take a suffi-
cient number of places of decimals—three, ten,
twenty, or more, according to the magnitudes in-
volved in the computation, whereby we attain an
approximate truth, "as near as you please," ac-
cording to Professor de Morgan ; but " the abso-
lute answer cannot be obtained without resorting
to the use of vulgar fractions, from which the new
decimal system is intended to release us."
The English Stock Market which assumed a
much more buoyant tone yesterday afternoon, has
preserved the same to day, owing to the renewed
assurances by Lord John Russell, last evening,
as to the pending negotiations for peace, in
which the German powers acquiesce, and the
news from the Continent appears likewise
to be favourably interpreted. There is not
a large business doing in Consols, either real
or speculative, and th approach of settling day
regulates most of the transactions. For transfer
the quotations have been 971 to 981, and for
August 98 to t. Exchequer Bills remain at is.
discount to par. The New Three-and-a-Quarter
per Cents. have been 101 to I, and the Three per
Cents. 982. to Bank Stock has been firmer at
229. South Sea Stock has realised 114 k to 116.
Foreign securities have been in some cases rather
better, and the settlement of the account has been
the principal cause of this. Portuguese 4 per cents.
are 41 to L, an improvement of Ito 1. Mexican
have rallied to 26a and 271. Brazilian 5 per
cents. have been at 101. Russian 41-- per cents.
have been done at 1001 and 1002. Danish Stock is
worth 107. Sardinian Bonds have been marked
941. Spanish Securities are still rather heavy, the
Three per Cents. at 46 to 2, the Deferred at 22g.
The Railway Share Market has been inactive,
and the payment of differences upon the account
has occupied chief attention. There has been a
rise and a decline subsequently in Caledonian
Shares, an improvement in Brighton, North-
Western, Oxford and Wolverhampton, and Great
Western. French Shares have advanced about
to I.
The Gold Mine Shares are merely nominal, and
the Land Companies and Banks are heavy.

BRITISH FUNDS THIS DAY.
( From the Official List.)

Business done
Bank Stock
3 per Cent. Reduced Annuities ....... ........ 983 3
4 4-
3 per Cent. Consols Annuities ... 9B 7 8 7il
New 34 per Cent. Annuities lOl lon 4
Long Annuities, Expire sth Jan., 1860
South Sea Stock
South Sea Old Annuities
Consols for Account 98:1 S
Exchequer Bills, Id.
£l000
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent
Ditto New, 1852, 4:3 per Cent 99
Danish Bonds, 1825, 5 per Cent lO7
Mexican 3 per Cent.
Ditto for the Account 27
Peruvian Deferred 3 per Cent.
Portuguese Bonds, 4 per Cent.
Russian Bonds, 5 per Cent.
Ditto 43 per Cent.
Sardinian Bonds, 5 per Cent 94`;
Spanish Bonds, 3 per Cent 46g d
Spanish New Deferred, 3 per Cent 221 x d
Ditto Passive (Converted)
THREE O'CLOCK.
971 4 x d

Consols for Opening 19th July,

ROYAL NAVAL COLLEGE.—The following gentlemen
passed their examination yesterday, and received com-
missions to-day as Acting Lieutenants :—W. H. Wright,
J. L. Lawrence, E. Stubbs, C. H. Stevens. Mates for
Lieutenants.—H. T. Templer, H. T. Burgoyne, J. M.
Wilson, S. C. Robinson, W. Johnson, S. Stanley, E. S.
Kerby, T. G. Baillie, D. Boyle, J. T. Pringle. Second
Masters for Masters. Messrs. Renny, Sedworth,
Mitchell, and Williams.
DECIMAL COINAGE.—The committee of the House of
Commons have concluded the examination of witnesses,
and it is believed the result will be a unanimous report
in favour of the adoption of a decimal system, making
the pound sterling the integer, and dividing it into 1,000
mils or farthings. Dr. Bowrina, on whose motion in
Parliament the first step was 'taken, in 1848, by the
coinage of the florin, or 1-10th of a pound sterling, was
the last witness examined, and he gave the most satis-
factory evidence as to the accuracy, rapidity, and ease
with which all calculations are made and all accounts
kept throughout the vast Chinese empire, with its
400,000,000 of dependent subjects. He produced to the
committee the abacus, or instrument by which the art of
reckoning is taught in all the elementary schools of
China, and stated, that after a single month's instruction,
a Chinese youth is far more competent to apply the rules
of arithmetic to all the business of life than is a learner
in any of our common schools after the lessons of years.
It was suggested that the general employment of the
abacus (caled swan wan by the Chinese) in the education
of the young would greatly promote and popularise the
introduction of a decimal system of currency and ac-
counts.
SINKING OF A SCHOONER AND Loss OF Two LIVES,
AT DEPTFORD.—Yesterday morning, between the hours
of nine and ten, a painful sensation was caused amongst
some hundred persons on board the different craft lying
in Limehouse-reach and Deptford, in consequence of the
following dreadful occurrence, by which we regret to
state two human beings were prematurely hurried into
eternity. The Prince Albert, Captain Millingham, of
Gainsborough, arrived in the river a few days since with
a cargo of Yorkshire goods, and after discharging her
cargo she was, yesterday morning, proceeding down the
river in order to take in ballast preparatory to returning
hack to Yorkshire. A heavy squall of wind, however,
sprang up, which struck the schooner on the starboard
and threw her completely on to her larboard side. The
unfortunate captain made an attempt to save his wife
and child, who were below, but the rush of water down
the hatchways and companion to the cabin was so great
that he was obliged to give up the attempt 'as fruitless,
and at length he had the greatest difficulty in saving his
own life, being obliged to jump overboard to escape
going down with the ill-fated vessel.' As the water
rushed down the hold of the vessel a few faint screams
of the woman and child were heard, but they were
quickly drowned by the rush of water.
SHOCKING DISCOVERY IN THE . A ..DELEHI ARCHES
Yesterday, considerable excitement prevailed
in the
vicinity of the Adelphi and Hungerford market,_ in con-
sequence of a man being found in one of the dark arches
with his throat cut from ear to ear. From inquiries
that were instituted it has been ascertained that the
mile of the wounded man is James Pigot, a coach
turner, who resided at 45, Clarendon-street, Somer's-
town, and was in the employ of Messrs. Pierce and
Countz, coach builders, of Long-acre. He was at work
as usual in the early part of the. morning, when he ap-
Fleared in his usual health and spirits, and left at break-
nst time. At half-past ten o'clock Mr. John Peek,
.miding in Chapel-row, Chelsea, having had business at
the wharf,
in passing one of the angles, saw an appa-
rei qtly respectable man lying on the ground, and hearing
a :gurgling sound, went towards him, when he discovered
a -.tremendous gash in his throat, from which blood was
isx 'ring. Assistance was immediately obtained, and the
urdortunate man conveyed to Charing cross Hospital,
voaore he was placed under the care of the resident sur-
geon, but faint hopes are entertained of his recovery.
It is stated that a razor has been found underneath the
arches, but at too great a distancefrom the body-to lead
to the supposition that it was the weapon used, and the
extensive nature of the injuries preclude the possibility
of the sufferer giving any explanation of the circum-
stances.

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