The Sun.
London, England, 1854-04-07 00:00:00

LONDON, FRIDAY, APRIL 7, 1854.

SIR CHARLES NAPIER'S
ADDRESS TO THE FLEET.

The Morning Chronicle, in a second edition of
to-day, publishes the following telegraphic despatch
from its Copenhagen correspondent :
COPENHAGMT, Thursday, Noon.—The fleet
has returned to its anchorage in Kioge Bay.
The Admiral has issued the following order of the
day :

" SIR CHARLES NAPIEB,'S ADDRESS, MADE BY SIGNAL,

TO THE FLEET IN KIOGE BAY.

" Lads—War is declared. We are to meet a
bold and numerous enemy. Should they offer us
battle, you know how to dispose of them. Should
they remain in port, w must try to get at them.
Success depends upon the quickness and precision
of your fire. Lads, sharpen your cutlasses, and
the day is your own."

Germany appears to be seriously meditating a
defection from the cause of Christendom. The
specious proposal recently transmitted from St.
Petersburg seems to have been already wonder-
fully successful at the Court of Charlottenburg.
Perhaps before long it may prove to have been
no less successful at Schoenbrunn. The proposi-
tion, we mean, emanating from the Emperor
NICHOLAS, and recently conveyed to Berlin by
Prince GEORGE of Mecklenburg. What was the
precise nature of that proposition ? Recollect—
it amounted simply to the suggestion, that when-
ever the Western Powers should secure from the
Sublime Porte by Treaty the emancipation of the
whole Christian population of Turkey, then
the Russian forces would at once evacuate
the Danubian Principalities. Observe—this
is the conciliatory, the seemingly conciliatory
offer made by the AUTOCRAT at the eleventh hour
for a pacification. When ? At the eleventh
hour do we say ? Nay, at a somewhat more ad-
vanced division on the dial than the eleventh !
At the period when war has been openly declared
against Russia in the London Gazette, and in the
Paris Moniteur. When the combined fleets in
the Baltic and in the Eaxine are preparing for
the blockade—here of Revel, and there of Odessa
—for the simultaneous bombardment of fortified
places so remote from each other as Cronstadt and
Sebastopol. At this juncture, at this most immi-
nent crisis—when the imperial family of the CZ AR
is retreating for safety to the central part
of his vast empire, at Moscow—then, but
not before, the Emperor Mc ROL A 3 sends
his specious proposals for an " arrangement" to
his royal brother at Berlin—shaping the offer of
this pacification in the form of the singular Mes-
sage entrusted to Prince GgonoE of Mecklenburg.
It would be altogether idle to suppose for an
instant that the CZA Ri3 really prepared in accord-
ance with the terms of this .proposition to yield
at last before the authoritative attitude assumed
towards him by France and England after pro-
longed deliberation. His real and only object in
throwing these final suggestions for a bloodless
arrangement of difficulties, is to cajole, if possible,
the Austrian and Prussian Governments. By
making these pretended advances towards a
reconciliation, the wily AUTOCRAT affords
both Austria and Prussia, what the latter, at any
rate, has so long looked for—the opportunity for
a defection from the cause of Christendom: At
Berlin the project of the Emperor Mamas is
already proving itself to a considerable extent-
successful. There the King is manifestly pre-
paring himself for measures by which he, no doubt,
hopes effectually to deceive the Prussian repre-
sentatives. There, too, his Majesty finds in the
duplicity of hii Minister, MANTEUFFEL, th
medium for the carrying out of his
elaborate
fitting
schemes of misgovernment,

At Vienna it would be difficult, or rather pre-
mature, to assert that the last diplomatic endea-
vours of the CZAR are proving themselves as suc-
cessful as they are manifestly becoming with the
Prussian Government. Yet at Viennarumourshave
become audible as recently as within the few days
which have already elapsed of this present month
of April---rumours which, if in any way based
upon reality, would go far to render us more than
ever doubtful a 4 .the linearity of Austria, while.

they might justify no inconsiderable amount of
suspicion nearer home than in the councils of the
Viennese Administration. The rumours we al-
lude to as being rife in the earliers days of April
are rumours of a Convention of the Great Powers,
a convention having for its objects —the guaran-
tee of the integrity of Turkey and of the rights
of the Christian, population ; the opening of the
Black ,Sea to the flags of all the nations
of the earth ; the opening also of the
mouths of the Danube to the mercantile enter-
prise of both hemispheres ; the revision of the
treaties already existing between Russia and Tur-
key ; and, among other things, the placing of the
principalities under an European Protectorate.
Actually there has been, since the beginning of
this new month of April, a talk at Vienna of some
such Convention ! What is the meaning of all
this ?—coming as it does soon after the arrival at
Berlin of that specious and suspicious Message
from the CZAR, the proposals brought thither by
Prince GEORGE of Mecklenburg. Can it be
possible that the warlike preparations, of
which we have heard and seen so much of
late, are, after all, to prove only so much
" fire and fury, signifying nothing? " Are Eng-
land and France to be cajoled, deluded, and bam-
boozled ? Sooner or later the great struggle must
come—the struggle between the rival powers of
Barbarism and Civilisation. Any pacific arrange-
ment that might be consented to by the Russian
AUTOCRAT, with a view on his part to ward off
the deadly blow struck at his empire by France
and England simultaneously, would effect in re-
gard to that long-anticipated collision, not its
permanent prevention, but simply, and for a
brief interval only, its postponement. It
might thus possibly come at a period when the
champions of the cause of freedom and civilisation
might not nearly be so well prepared for the
dread encounter. It might then so happen that
an alliance, as cordial as that which now so happily
subsists between them, might not knit together so
intimately the policies of the French and English
Governments. Better—all things considered—
fight the great fight now, for once and
for all, than leave it to the accident of
some less propitious conjuncture of circum-
stances. We speak thus not from any love of
War—Gon knows, and Gon forbid ! But consci-
entiously, and deliberately, and most earnestly
from our preference for peace, and from the deep
desire of our heart that that peace, the next great
peace among the chief powers of the earth, should
be built up upon more secure and more solid
foundations.

Besides—it would be little short of insanity to
place • any reliance henceforth upon the volun-
tary advances of the Russian AUTOCRAT. It
were preposterous to do so, after all his monstrous
duplicity, after all his heinous guilt, after all
his cruelty, rapacity, and blasphemy. Accept
nothing from him in the way of a partial conces-
sion. Extort everything that needs to be extorted
in the way, if possible, of adequate reparation.
Otherwise than by such means the tranquillity
of Europe can never again be securely re-
established. Can we seriously anticipate any
such decisive proceedings—let us ask this plainly
—while the Earl of ABERDEEN remains at the
head of her Britannic MAJESTY'S Government ?
Can we ? Is this, within reason, really to be ex-
pected ? The Noble Lord has never shown fore-
sight, has never shown decision, has never shown
anything but weakness, at any period of great
emergency. In the February_ of 1848 he
had implicit confidence in the stability of
the throne of Louis PHILIPPE ! Ever since
Bonapartism has risen triumphantly, and as the
last expression of the national will of France out
of the debris of the Revolution, he continued up
to a comparatively recent period to depreciate the
powers, and the capacity of that extraordinary
man who is at once its imperial embodiment
and its democratic representative ! So much
for my Lord. ABERDEEN'S foresight ! Then
as to his decision or as to his weakness
under emergency—has he not been called by
potentates beyond the seas, at various times, and
by different personages, the " dear," the "good,"
the "excellent," the "estimable gentleman"—
each of these epithets the tribute to his supple
complacency? Nay—glance but for an instant at
the revelations of this Secret and Confidential
Correspondence. Have we not there the acknow-
ledgment from the lips of the CZAR himself that
bring him into personal communion with the Earl
of ABERDEEN, and all would be arranged in ten
minutes to his Imperial MAJESTY'S satisfaction ?
Ts this the Prime Minister of England at a crisis
so awful and momentous as that which now brings
into collision the opposing forces of Barbarism
and Civilisation ? Is it ? We ask, pointing to
these Viennese rumours of a Convention, and to
these sinister concessions of the Court at Berlin
to the conciliatory proposals recently emanating
from the Autocratic Councils at St. Petersburg.
If Lord ABERDEEN really wishes well to his
country—if he be truly loyal to our beloved
SOVEREIGN—if he hesitates and doubts about the
ultimate success of the war, let him, then, in GOD'S
name, resign at once, and let Lord JOHN RUSSELL,
the " plucky" member for the city of London, fill
his place, but not follow in his ways. He, " Glorious
JOHN !" could not, he would not, he DARE NOT !
Therefore, let Lord JOHN " come on"—and let
ABERDEEN, awa !"

Last night the petition of the " National Asso-
ciation for the Vindication of Scottish Rights"
was presented in the House of Lords, and a mo-
tion made, that an address, founded thereon,
should be presented to her most gracious MA-
JESTY. The Earl of EGLINTON, by whom the
subject was ventilated, reduced the grievances
complained of to three,• which he deemed worthy
of consideration, and for which, on behalf of his
countrymen, he demanded redress. These were—

Ist. That there was not a separate Secretary of
State for Scotland, but that the whole business of
Scotland, not only legal, but connected with its
commerce and manufactures, was placed in the
hands of the Lord Advocate.

2d. The paucity of the number of representa-
tives allotted to ScotlAnd in the Imperial Parlia-
ment.

3rd. That the Royal Palace of Holyrood and
its precincts have been neglected, and not main-
tained iu the condition which the historical asso-
ciations connected therewith, and the feelings of
the Scottish people for the habitation of their
ancient kings, justly demanded.

The above were but a selection from many other
complaints which have been put forward on be-
half of the sister kingdom. They were calmly
and temperately discussed, as they ought to be,
for there is nothing more strongly to be depre-
cated—nothing more calculated to excite the
displeasure of an intelligent and high-minded and
sensitive people than to find subjects to which
they attach considerable importance, and in
which they fancy, whether justly or other-
wise it is unnecessary to inquire, that
the national honour is in some degree treated
with levity and ridicule. The Scottish people
are entitled to respectful consideration in any
matters which a large proportion of their re-
presentatives may deem it expedient to put for-
ward on behalf of their country, and, unless
some very decided obstacles intervene, to graceful
concessions. If the objections should appear in-
superable, let it be so stated and if sustained by
arguments, we think that they will be satisfied.
At all events, there will be no prejudiced or stupid
cry of distinct nationalities or conflicting religious
opinions excited to disturb the concord and amity
existing between the inhabitants of the different
portions of that which is termed, and we hope
will ever remain—" The United Kingdom" of
Great Britain.

Scotland is not a conquelbd kingdom. Her
hardy children ever maintained their independence,
and all the strength and power of England could
never make any impression on a gallant nation
determined to be free. She, was for a long sue=
cession of ages the sorest thorn in the side of
England, that required the greatest vigilance and
energy to guard against her determined hostility.
The words which Finland's greatest dramatist

puts into the mouth of her most valiant King,
when entering on a French epeditidn, prove it :
" We do not mean the coursing snatchers only,
But fear the main intendment of the Scot,
Who hath been still a giddy neighbour to us ;
For you shall read that my great grandfather
Never went with his forces into France
But that the Scot, on his unfurnished kingdom,
Came pouring like the tide unto a breach,
With ample and brimfulness of his force
Galling the gleaned land with hot essays ;
Girding with grievous siege castles and towns;
That England, being empty of defence,
Hath shooic and trembled at the ill neighbourhood."

It requires no such evidence, however, to prove
the inestimable advantages arising from the
junction of Crowns on the accession of the
King of Scotland to the throne of England,
or the beneficial results of the Legislative Union
between the sister kingdoms. Any thing that
could prove galling to the feelings of our brethren
" ayont the Tweed" should be religiously avoided.
We should avoid anything irritating to those who
were such formidable and persevering opporfents,
and such efficient and valuable coadjutors in the
hours of danger and difficulty.
Having thus deprecated the unsuitable and in-
judicious tone adopted by some of our contempo-
raries, we proceed to the consideration of the
several points put forward by the Earl of
EOLINTON. First, then as to " the appointment
of a separate Secretary of State for Scotland."
We believe that a greater evil could not be in-
flicted on the country than granting the request.
In place of widening the distinctions, we
should endeavour to cement more closely the
bonds of union, to lead to the com-
plete amalgamation in every respect, so that
there should be no greater distinction between
Scotland and England than between Kent and
Yorkshire. They are our brethren, entitled to
equal privileges, to full and perfect equality in
every particular. Ireland has been deeply injured
by the continuance of the "Brummagem" Court--
the " pinchbeck" imitation of the sterling Royal
metal. Its only use has been to ftster dissension,
to lead to " back-stairs intrigues," and the process
which on the other side of St. George's Channel,
is appropriately designated as " earwigging the
Viceroy." Had the Lord-Lieutenantcy of Ire-
land been long since abolished, and that country,
like Scotland, brought under the administration
of the Home-Office, it would be far better off in
many important particulars at this moment.
In place, then, of increasing the badges
of distinction, we should rather aim at diminish-
ing, if we could not altogether get rid of, those
at present subsisting.
Again, as to the paucity of the representatives
allotted to Scotland in the Imperial Parliament.
There certainly are no grounds of complaint in the
branch of the Legislature in which the complaint
was brought forward. We do not say that the
representative Peers are proportioned to the claims
of the country. But it was, to say the least of it,
remarkable thatevery Nobleman who took part
in the discussion was a Scotchman, not merely by
birth and lineage, but in heart and feeling, and
that at the same time he spoke and voted as an
English Peer. It did not change the nationality
of the gallant " EGLINTON and WINTON" that he
delivered his sentiments as the Baron ARDROSSAN.
Lord ABERDEEN was not the less a Scotchman
though occupying the position of Prime Minister
of England, and taking his seat as the English
Viscount GORDON. The Earl GRAHAM, by whom
he was succeeded, kept up his name as the repre-
sentative of the chivalrous MONTIIOSE. Nor were
the glories of the MACCALLUM MORE altogether
veiled under the more humb:e title of Baron
SUNDRIDGE. Nor can there be any greater doubt
of the representative of the ancient Earls of PAN-
MURE, or of the son of the faithful pastor who for
more than half a century ministered to the reli-
gious wants of the good people of Cupar. That son
is pure Scotch, although by his own deserts he has
acquired an English Peerage and the proud position
of Lord Chief Justice of England: The proportion
of seats in the representative branch is worthy of
calm inquiry, and Lord JOHN RUSSELL has proved
that he is not disposed to blink the question, but
to consider it in a fair and unprejudiced spirit.
As to Holyrood House it ought to be repaired.
The recollections attached to the venerable fabric
ought to prevent the " Vandalism" of suffering it
to become dilapidated. The money required for
the purpose would be cheaply expended, if it con-
ferred the most trifling gratification on our
northern brethren. Nay, more, we would desire
to see it made a residence worthy of the SOVE-
REIGN, and occasionally occupied by one so well
qualified to win the hearts and preserve the al-
legiance of her people as her most gracious MA-
JESTY.

The sumptuous banquet given last evening to
the Governor-General of Canada, the E trl of
ELGIN and KINCARDINE, was something more than
a mere banquet : it partook in some measure of
the character of a national and noteworthy de-
monstration. It was a magnificent, and, let us
add, a deserved tribute to the popularity of the
Viceroy of our North American provinces. It was
an augury of happier and more prosperous times for
the inhabitants of that vast and fruitful territory.
It was thus, moreover, in both instances, because
the occasion was inaugurative of•a noble and im-
perial enterprise, upon the development of which
the destinies of Canada may be said, without ex-
aggeration, to be visibly dependent. Allusion is
hero made, of course, to the grand project of the
system of railways now being carried out in that
colony—those enormous trunk lines with their
branches, which will enable the steam-engine to dif-
fuse over the uncultivated regions of Central Ameri-
ca the boons of commerce, and the blessings of civi-
lisation. An appreciation of the magnitude of this
great enterprise, as well as a complete and encou-
raging appreciation of the Vice-regal merits of the
Governor-Geneial of Canada were evinced yester-
day hi the meditative allusions to both, which fell
from the lips of LordJ. RussErm--the Chairman of
the festivities. A due sense of the value of the
project commenced by the Leader of the House
of Commons, and a fitting recognition of the
amiable commendations awarded to himself as an
administrator—marked the speech delivered in
reply by the Earl of ELGIN and KINCARDINE.
Altogether, the proceedings of the evening proved
themselves to be worthy of the important and
interesting objects of the demonstration.

DEATH OF THE VISCOUNTESS GORT.--It is with the
deepest sorrow that we have to record the death of
Maria, Viscountess Gort, who departed this life yester-
day, after a long and painful illness, which she bore with
true Christian patience. The Viscountess Gort was the
eldest daughter of the Right Hon. Standish O'Grady,
first Viscount Guillamore, and was married to the pre-
sent Viscount Gort in the year 1814. Her ladyship
leaves a large family to mourn her irreparable loss.—
Dublin Evening Mail. _ •
LYCEUM THEATRE.*—Mr. Allcroft has announced a very
attractive series of promenade concerts for next week,
for which occasion he has engaged the London Orchestra,
which includes all the first-rate artistes, comprising Bar-
ratt, Baumann Richardson, Lazarus, Prospere, Hardy,
Thirlwall, Rowland, and the celebrated Herr Ernst, who
will perform two solos on the violin every night ;
Richardson on the flute, and Miss Nixon on the piano-
forte. In order to render these concerts as amusing as
possible, Mr. Augustus Braham, Miss Rebecca Isaacs,
Miss Miller, and Miss Tudor will sing a variety of
popular songs and duets each evening, There can be
little doubt but that these concerts will be well attended,
as the talent engaged is of the first rate, and the prices
of admission are on the most moderate scales.
THE LATE MR. JUSTICE TALFOURD.—The New
Quarterly Review for April, in a note to one of its arti-
cles, thus alludes to the death of the author of "Ion" :
—While correcting the proof of this sheet, the news
arrives of the sudden death of the author of "Ion."
It is long 'since any event has occasioned so general
a sense of sorrow. Every member of the bench,
the bar, and the profession of letters, from the
Chief Justice of England to the smart inditer of a
joke for Punch, has lost in Talfourd a private
friend. His death rids no man of an 'enemy. He was
the gentlest creature whom God ever endowed with
rare intellectual powers, and common sense to govern
them. Even his weaknesses were but the overflowings
of his social virtues. His good nature might sometimes
be abused, bat it was never exhausted. In Russell-
square the meanest votary of the muse, the humblest
sutler in the camp of literature, might seek admission
without wounding his independence, and be sure that
his claims would be allowed. Talfourd is gone; and the
memory of his happy qualities as a host and a companion
will die away with those who enjoyed them—for poste-
rity ss only grateful for acts that survive. Henceforth
Talfourd is but the author of "lon " and of the Copy-.
right Law—two achievements which may carry his name
fax into the future, although not autaciaut to promise an
=Dub* . - -

MONEY MAUKE

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday
were estimated at 5,000 'bales, all to the trade.
The market was quiet but steady, without change
in prices. The sales comprised 4,000 American,
270 Pernam and Maranham at 6/d. to 61d., 20
Bahia at 6)d., 100 Egyptian at 6/d., and 600 Surat
at 21d. to sid. per lb. Railway Shares were firm
at rather higher prices.

Colonial produce has been firmer this week, but
sales have not been- so much pressed, and business
has been restricted. Sugar has been steady, and
coffee dearer. Tea, owing to the further reduction,
in the duty, is eitpected to get active. Not much
has been done in cotton ; and saltpetre, which has
been lower, is firmer again. Spices generally have
declined. Tallow is cheaper. Jute has advanced
considerably. Rum has been without much change.
In the Daily Commerciab G azette are the follow-
ing remarks upon a subject of interest to the gro-
cery trade :--
"At a meeting of the sugar brokers this afternoon, a
committee was formed to take into consideration the al-
terations proposed by the wholesale grocers, with respect
to the new mode of selling foreign sugar, &a. It is to
be hoped that the brokers will not allow six or seven
weeks to elapse (as was stated the other day the grocer,,
had done) withoqt coming to some resolution on the
subject, as it is impossible to .carry on the increasing
trade of this port under the old system of keeping open
account sales for three or four months."

The following remarks upon the dried fruit trade
are by Messrs. Witherby and Hanson :--
"The shipment of low fruit to the Continent con-
tinues ; cargo after cargo is gradually disappearing from
the dock, andas no arrivals of any consequence can pos-
sibly occur, it is likely that from this date there will be
a gradual diminution of our stock. It is difficult to as-
certain the actual stock at this port, owing, as we stated
in January, to the great diversity and lightness of pack-
ages ; the clearances since Christmas, however, when it
was rou.;hly estimated at less than 9,900 tons, have ex-
ceeded the receipts by several hundred tons. Since our
last there has been more disposition on the part of holders
to clear off their low stock by sales and shipments.
There has also been more inquiry from the trade fur fair
1853 fruit, but at prices which importers are reluctant to
accept, such being of more keeping quality. In 1851
fruit little has been done, but the full price of
935. was lately paid by the trade for some fine
Zante, and holders are unwilling to part with such.-
Had we to announce, in conjunction with the reduc
tion in the consumption of currants, a compensatieg
increase of that of raisins, it might reasonably be inferred
that the former Article bad been driven out of use ; but
the simultaneous falling off in the consumption of both
can arise solely from one primary cause—the high price
of flour, &c. But for this there would have been a good
trade in currants, the stock of 1851 and 1853 fruit being
of sound wholesome quality, and at a wide and conve-
nient range of prices, such as will, sooner or later, be
fully appreciated. The accounts of the appearance of
the next crop are worse than before: in fact, what with
the ruin consequent upon the result of the last two
seasons, the distress and the existence of actual famine
in the Morea, and the unsettled political state of the
country, the prospect for next season is very dishearten-
ing."

The Australian Pacific Steam Packet Company
have had an extraordinary meeting this morning,
John Hibbert, Esq. in the chair, to receive the
report of the directors. The chairman stated that
the price expected for the vessels was 56,0001., and
that the Emeu and Kangaroo have been hired to
the Government for 100/. a day each, for 6 months
certain, the Government finding coals. The report
was adopted, and the following are the chief points
which it contains :

" The Directors would have been prepared, as the re-
maining three vessels advanced towards completion, to
offer them also for employment to H.M. Government on
similar terms.

'6 In the interval, however, an offer was unexpectedly
made by the long-established company in France, called
"LaCoinpagnie des Messageries Maritimes Imperidles' "to
purchase these three vessels, namely, the Menina, Di-
nornis, and Black Swan.

"The Directors, before returning an answer to this
proposal, thought it right to cominunioate with the
Lords of the Admiralty on the subject, in case H. M.
Government might wish to be the purchaser, and re-
ceived the thanks of their lordships fur su doing, though
it was stated at the same tune that such a purchase
could not at that time be entertained.

" The Directors, therefore, after due deliberation, and
taking all the circumstances attending the present de-
mands, for steamers into their consideration, as well as
the position of the Company itself, as regarded its future
prospects, were of opinion, that if a satisfactory price
could be secured, an absolute sale would be preferable
to taking the chance of occasional employment for the
vessels, with all the expenses attending an establish-
ment, which must have been kept up for that purpose.
" After much negociation, the Directors have effected
a sale to the French Company upon advantageous terms.
It is due however to the Proprietors to state, that the
return of an immediate and definitive answer to this
offer was the prominent condition insisted on by the
parties."
At the meeting of the company of Copper Miners
in England, held this day, a dividend of 7A per
cent. for the past year on the preference shares,
and 5 per cent. on the consolidated stock, was de-
clared, and a further sum 0f1.00,0001. was agreed
to raised in preference shares.
The Prussian Gazette, received this morning,
giires more in detail the contents of the autograph
letter from the Czar to the King of Prussia, with
his terms for peace. It appears by this that the
Emperor would evacuate the provinces (or promises
so to do), provided we leave the Black Sea and the
Baltic, and obtain treaties from the Sultan guaran-
teeing those privileges for the Christians which we
profess to desire. The Prussian Gazette observes,
that it is impossible to over-ostimate the
importance of this, but that England and France
will not be likely to accept it, as they
nowintend to have the old treaties abolished, and
the Black Sea declared open to the vessels of all
nations.

The English StOelci have been very firm, and
part of the money received by the holders of Old
South Sea Annuities is being reinvested in Consols.
These have been as high as 874 and 1, 872. for
account. Bank Stock is supported at 2121 ex div.
The New 31 per Cents. have been at 861. to 861,
and the 3 per Cents. at 86g to 8. Exchequer Bills
have been at par to 4s. premium, and East India
Bonds at 4s. dis. South Sea Stock is worth 115.

Foreign. Securities have been quiet generally,
but there is a rise in Mexican again to 24g -a. Peru-
vian have also been higher, viz., 581. Austrian
Old Bonds have been quoted 76, and in Russian 5
per Cents. there is au improvement to 92 and 94,
and in the 41 per Cents. to 82k. This is entirely
due to the new proposals made through Prussia.
Spanish New Deferred Stock is at 171 to 1. There
has been a bargain in Belgian 4& per Cents. at 84.
The Railway Share market is about as good as it
was yesterday, but prices are scarcely uniform.
Caledonian have been rather higher, and also Great
Western, South-Western, Midland and South-
Eastern, while York and Berwick and North-
Western, are barely supported. The French lines
are firm.

In the Gold Mines, Banks, and Land Companies,
very little is doing at present, but they keep up
their price. Australian Consols Shares are 4 dis-
count to par.

BRITISH FUNDS THIS DAY. —CLOSING PRICES
( From the Official List.)

nußine.• 'lnn.

dank Stock
per Cent. Reduced Annuities B6 a / z d
3 per Cent. Consols Annuities B7l .
New 3/ per Cent. Annuities 864 7/ a
India Bonds, £lOOO . ...... ...............
Ditto, under £lOOO 4 1 d
South Sea Stock
Consols for Account 18tliAlwi1 KWH
Exchequer Bills, 2d.
£IOOO
£5OO par 4 p
Small par 4 p
PRICE OF FOREIGN FUNDS THIS DAY.
Austrian Bonds,• 5 per Cent........: 76
Chiliau Bonds, 6 per Cent 99
Ditto 3 per Cent
Grenada Bonds, Deferred
viexica.n 3 per Cent.
Ditto for the Account 24 a a 4
Peruvian Bonds, 4i per Cent. 5B 9
Russian Bonds, 1822, 5 per Cont. £ St 93 4 2
Ditto 41 per Cent B2.
Spanish Bonds, 3 per Cent 35
Spanish New Deferred, 3 per Cent. l7i

Dividends on the above payable in London.

Belgian Bonds 4# per Cent. ex. 25 fr
THREE O'CLOCK.

Consols B7B
Ditto April. Account B7B

THE NEW SOUTD WALES COAL AND INTEEOOLONIAL
STEAM NAVIGATION _COO &NT. - This Company have
issued a first report. They state that a charter has been
obtained from the local government ; that in April last
they purchased and despatched the William Miskin,
screw steamer, of 424 tons, with passengers and cargo,
to Melbourne, whergan offer was made for her of 8,000/,;
and that proposals have been received for an amalgama-
tion with a local steam company already established at
Sydney and Melbourne, but which it is now feared can-
not be carried out, owing to the London company not
having a sufficient number of their shares subscribed.
Under these circumstances, the directors are disposed to
recommend that the undertaking should be wound up,
and they belijVe that with care their property, consist-
ing of the screw steamer and certain lands and collieries,
may ultimately realise 19,0001., to Meet 11,0001, the
total amount of tl2 Elbarea in circulation.