The Sun.
London, England, 1854-03-16 00:00:00

THE SUN, LONDON, THURSDAY EVENING, MARCH 16, 1854.

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, including 1,000 Ameri-
can taken on speculation. The market closed tamely,
with a good choice offering. The sales comprised
4,500 American, 330 Pernam and Maranham, at
6P. to Bd., 100 Bahia at 6id., 200 Egyptian at
6P. to Bd., 700 Surat at 3d. to 5d., and 70 Sea
Island at is. id. to is. ad. per lb. Railway
Shares were flat.

The advices by the Overland Mail have been re-
ceived this morning, and they appear, as regards
our own presidencies, to be of rather a favourable
character. There was a fair business doing in im-
ports and exports at Calcutta and Bombay, and
money was easy. Securities, however, were de-
pressed. It is worthy of remark that the In-
dian Government has most successfully carried
out its conversion scheme at a time when our
Chancellor of the Exchequer has been comparatively,
unsuccessful, and it is expected that the last por-
tion of the 5 per cent. loan will be converted, ac-
cording to the notice given, with equal success to
the former. If so, no less than twenty millions
sterling will have been operated upon, thus effect-
ing an important saving.
The China, news can scarcely be deemed satisfac-
tory, and the insurgents are either becoming more
supine and divided in their counsels, or the Impe-
rialists have recovered from their panic, and are
mustering stronger. The result of this protracted
contest is most injurious to trade, and increases
the probability of silver being steadily drained
from Europe, although ultimately we may receive
back the greater portion of it.
The steamer Valetta, with the Indian mail, ar-
rived at Marseilles yesterday. We may expect her
advices on Friday afternoon.
The Hon. East India Company have lowered by
id. per rupee the rate of exchange for bills drawn
here upon the Presidencies. On Bengal and Ma-
dras the rate is to be 25., and on Bombay 2s. oid.,
per Company's rupee.
Accounts of the 11th inst. from Stettin announce
that the port was quite free from ice. The British
steamer of war Hecla had been off the port on the
6th inst.
Advices from Stockholm describe the Swedish
Government as being exceedingly anxious because
of several firms having taken large contracts to
supply the British fleet. Russia, it was reported,
had threatened to view any such proceeding as a
breach of neutrality ; and the Emperor Nicholas
was pressing for the closing of the sound of Calma,
between the island of Deland and the mainland.
The ice had not broken up in the Gulf of Finland,
and it was doubted whether the Russian ships of
war could escape, although 30,000 men were ac-
tively employed in the endeavour to effect their
release.
The accounts from Paris describe the loan as
being more popular than ever, now the Bank of
France offers to pay up the instalments for those
who bring in the scrip with 15 per cent. paid.
The half-yearly meeting of the proprietors of the
Bank of England was held this day, at which a
dividend of 44 per cent. for the half-year ending
28th February last was declared. The net profits
were 670,9081.75. 6d., and the rest was 3,685,4661.
18s. 5d., which, after the payment of dividend,
would be 3,030,5811. 18s. sd. The meeting was
fully attended, and passed off satisfactorily.
At a meeting of the proprietors in the London
Joint Stock Bank Company Messrs. Tilson and
Burrs were elected in the place of the two deceased
directors. Sir George Carroll presided, to whom a
vote of thanks was passed, and the meeting ad-
journed.
This is settling-day in the Stock Exchange, and
prices are lower upon it. The scarcity of money
is more felt, and Exchequer Bills have receded to
Bs. premium. In the discount market also there
is more demand, and it is difficult to get accom-
modation at 5 per cent., the date and charac-
ter of the paper being more particularly inves-
tigated. We regard these indications as bear-
ing more directly upon the future price of
stocks than all the political rumours that can
be circulated, for, while money continued cheap
there was but little motive to sell. To-day
it is observed that stock is not in excessive supply,
owing to the necessity of closing or carrying over
accounts, but there are doubts of the stability of
the market when these arrangements are completed,
as bullion is still being freely shipped to the Con-
tinent. Consols have been 90-11- to 91i for transfer,
and 90i to 91 for April 18.
_ _

Foreign Stooks are without particular change.
Mexican, 241. Russian Fives not so good, being
89k. Dutch Two-and-a-Half per Cents. 55i ; and
Spanish Deferred, 18k.
Railway Shares are rather giving way, and some
of the old lines are 103. lower. French Shares are
quieter.

The last week's railway receipts ascertained up
to this day are in round figures as under :

1854. 1853.
North-Western
South-Western
Brighton
Midland
South- Eastern. 13,614 10.870
Great Northern 18,030 13,960
Co.ledonian, and Edin. and Glasgow 14,591 12,609
Lancashire and Yorkshire
York and North Midland, New-
castle and Berwick, Leeds North- 27,076 23,043
ern
BRITISH MINES.—The market is exceedingly
dull.

The current prices for the Jamaica mines, not
officially quoted, are as follows :—Metcalfe, A to
premium ; Sue River, discount to par ; Port
Royal, II to ft premium.
The Joint-Stock Bank shares are rather more in
demand at previous rates.

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

Rusin.. (Inn.,
3 per Cent Consols Annuities 9IA 904 1A
New 31 per Cent. Annuities shut 921 with div.
New 2i per Cont. Annuities
Bank Stock for Account 22li 1 20 1
Consols for Amon;lt 18th April 9l sot 16 90i
Exchequer Bills, 2d.
£IOOO
.£5OO l4 12 p
Small l5 10 p
PRICE OF FOREIGN FUNDS THIS DAY.
Austrian Bowls' 5 per Cent. 761
B azdiau Bonds, 5 per Cent.
lexican 3 per Cent.
Portuguese Bonds, 4 por Cent. 36
Russian Bonds, 1822, 5 per Cent. £St B9. 90
Ditt) 4i per Cent .... 80i
Ditto Small
Sardinian Bonds, 5 per Cent...
Spanish Bonds, 3 per Cent 37*
Spanish New Deferred, 3 per Cent. lB
Spanish Committee Cert. of Coup. not fun. 3i p o
n v, len Is rpi the above payable In London.
Dutch Exchange, 2. per Cent. 12 Guil
Ditto 4 per Cent. Cortifieatea ....
THREE O'CLOCK.
Consols 9l A
Ditto April Account 9oi 1

FUNERAL OF THE LATE MARQUIS OF LONDON-
DERRY, K.G., G.C.8., G.C.H., B. E.G.C.T.S., Sze.
This morning the mortal remains of the late noble Mar-
quis of Londonderry, K.G., were finally deposited in
the f tmily vault, at Long Newton Church, Stockton,
amidst universal demonstrations of respect for the
memory of the deceased. The body was first placed in
a shell of Spanish mahogany, lined with white satin •,
next with a lead coffin, and inclosed in an outer one of
Spanish mahogany, covered with rich silk crimson Ge-
noa velvet, having eight massive gilt handles on it, and
the breastplate, with the noble marquis's, arms heading
the inscription—" Charles Wm. Vane, the 3rd Marquis
of Londonderry, Earl of Londonderry, Viscount Castle-
reagh, in the Peerage of Ireland ; Earl Vane, Viscount
Seaham, and Baron Stewart of the Peerage of the
United Kingdom. A General, Colonel of the 2d Life
Guards, Lord-Lieutenant of the county of Durham,
Privy Councillor, K.G., G.C.8., G.C.H., Knight of
St. George of Russia, of the Black and Red Eagle of
Prussia, the Sword of Sweden, and Tower of Portugal.
Born 18th May, 1778 ; died tith March, 1854."
FUNERAL OF THE LATE BISHOP OF SALlSBURY.—Yes-
terday, at noon, the mortal remains of the late Dr. Denison,
Bishop of Salisbury, were consigned to their final resting-
place, in the family vault, in the centre of the cloister.
Salisbury Cathedral. Mrs. Denison, Mr.J. E. Denison,
M.P., and Archdeacon Denison followed the body, and
upwards of 150 of the cleryg also joined in the procession.
The pall was borne by the Right Hon. Sidney Herbert,
M.P., Earl Bruce, Earl Nelson, Mr. Sotheron, M.P.,
Major-General Buckley, M.P., Mr. G. W. H. Heneage,
I\LP., Mr. John Floyer, M.P., and Mr H. C. Sturt.
The coffin was of plain polished oak, without ornament of
any kind, except a brass plate and a mitre. The following
was the inscription on the plate :—" Edward Denison,
D. D., born 13th May, 1801; died 9th March, 1854."
Lady Hall, of Llanover, held her first assembly this
season, on Tuesday evening last, at her mansion in
Great Stanhope-street. The guests were about three
hundred. The diplomatic circle included--Their Excel-
lencies the Turkish Minister and Madame lusurus,
their Excellencies the Portuguese Minister and Countess
Lavradio, her Excellency Madame Bunsen and Mdlle.
Bunsen, his Excellency the Brazilian Minister and
Mdlle. Macedo, his Excellency the S irdinian Minister,
the Marquis d'Azeglio, his Excellency the Danish
Minister and Count Alfred lieventlow Criminil, his Ex-
cellency the American Minister, &c., &c. In the general
circle were —The Earl and Countess of Desart, the
Earl and Countess of Devon, the Earl of Fingall and
Lady Henrietta Plunkett, Hon. G. Plunkett, Countess
Somers, Earl and Countess of Lanesborough, Colonel
Meyrick and Miss Meyrick, the Speaker and Mrs.
Shaw Lefevre and Miss Shaw Lefevre, Sir John and
Lady Pakington, Lady Lewis, Mrs. and Miss Beau-
mont, Sir John and Lady Shelley, Lord and Lady
Camoys, Hon. Miss Stoner, Mr. Layard, Mr. W. Grey,
Mr. and Mrs. Farquharson of Inverea.uld, Mr. Babbage,
Mr. Granville Verson, Lc., L:. The assembly broke
up at miduight.

MORETON RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
ARRIVALS FOR THIS DAY'S RACES.

STEEPLECHASE.—Minna, Dean, Rejected, Ploughboy,
Star of England, Multum-in-Parvo, and Barsell. Jun
at two. •
Darling rides Ploughboy.
White „
Tasker „
Archer „
Twiddy „
HUNT STEEPLECHASE.—All are here. Run at three.

STEEPLECHASE.

Rejected
•
Ploughboy
Six ran. Won easy.

SOUTH-EASTERN RAILWAY (THIS DAY.)

The 15th half-yearly general meeting of the share-
holders in this company was held this afternoon, at one
o'clock, at the Bridge House Hotel, London-bridge—
Jalies Macgregor, E,q., the ch airman, presiding.
There was an unusually large attendance of propriqors,
it having been decided by a numerous body of them to
declare themselves against the general policy of the
directors, by opposing the election of the gentlemen
who retired by rotation from the board, but offered
themselves for re-election. The anticipated "pitch
battle," between the directors on the one hand and the
shareholders on the other, did not, however, come off,
the chairman having intimated that the retiring members
had relinquished their intention of again soliciting a seat
in the direction. This announcement was received with
loud cheers. The following gentlemen were then elected
directors of the company:—Mr. Matthew Forster, Mr.
John Campbell, and Mr. Seymour Teulon. The retir-
ing directors were Mr. K. Browne, Mr. C. Ironside,
and Mr. H. L. Swale, but under a resolution of the
board of March, 1852, Mr. Ironside could not again pre-
sent himself as a candidate.

A general discussion then took place on the past pro-
ceedings of the company, and on what should be its
future policy.

COURT OF BANKRUPTCY.-(THIS DAY.)

(Before Mr. Commissioner Evans.)

APPLICATION FOR DISCHARGE FROM CUSTODY. -IN RE

MOSS.

Mr. H. Linklater appeared on behalf of this bankrupt,
who had carried on business at Lewisham, for discharge
from Whitecross•street Prison.
The facts are these .—The bankrupt formerly carried
on business in partnership with a person named Chen-
nery, and a friend of the latter advanced 1001. to the
firm. A dissolution of partnership took place, and
bankrupt undertook to discharge the debt, but failing to
do so, was al rested.
Mr. Linklater said that there was no imputation of
fraud submitted, and that bankrupt was entitled to his
discharge.
The solicitor for the detaining creditor said that
although there was no fraud, there was an objection to
the discharge, as, immediately after the arrest, bankrupt
filed a declaration of insolvency, and a friend presented
a petition in bankruptcy, and it, was intended to dispute
the petition. He submitted that this was purely a case
for the Insolvent Court, for there would not be 6d. for
the creditors, the only property being a desk and an
office stool, all the furniture having been sold ten days
before the arrest.

His Honour said he could not go into the matter of
the petition, and as it was stated that there was no fraud,
and no chance of getting any property, he did not see
what benefit would result from detaining the bankrupt
in custody, unless it was supposed that he was about to
quit the country. The petition might be disputed here-
after.

The bankrupt was then discharged with protection.

ROYAL ITALIAN OPERA.

There is good reason to believe that the season of 1854
will be in every respect a brilliant one. The absence of
rivalry, of which a mean advantage might possibly have
been taken, has but ser►ed to stimulate the lessee
to unusual exertions. Mr. Gye is too good a diplo-
matist to be blind to the very obvious fact, that no
monopoly can be permanent which does not include
all that may justly be expected from it, and, we
may add, too honest, a ,man .to misuse the absolute
power which circumstances have placed in his hands.
In addition to Mario and Grisi, who, it is rumoured, will
take her farewell of the British public during the ensuing
season, Tamberlik, Konconi, Tagliafico, Basio, and other
established favourites, we shall have Lablache the great,
and Alboni, two incomparable artistes, upon whose merits
it were superfluous to dilate. It is also probable that
Mme. Amadei, a most admirable contralto, who has re-
cently created a great sensation in the Loudon concert-
room, and Mr. Hamilton Brahma, a baritone, who has
met with great success on the German stage, will
be inoluded in the corps operatique. It is likewise
rumoured that the gifted Sophie Cruvelli, one of the
best artistes of the day, has accepted an engnemeut.
With respect to Madile. Wagner and Madame Goldschmidt
(Jenny Lind), we believe it may be confidently stated that
nothing has, as yet, been definitely arranged, though the
appearance of both these great singers during the approach-
ing season should by no means be set down as impossible.
Lablache will probably make his rentrCe as Doctor Bartolo,
in the immortal Barbiere di Seviglia, and Grisi will re ap-
pear, as usual, iu Xorina. Guillaume Tell, La Favorita,
Les Huguenots, and Robert le Diable are to he revived in all
their primitive splendourof decoration, and IlDonGiovanni
will also be performed with a most powerful cast,
Lablache sustaining his celebrated part, Leporello. At
least three new operas are to be produced in the course of
the season, amo.igst which will probably be Verdi's II
Trovatore and Moyerbeer's L'Etoile du ~Vord. It is also
possible that an adaptation of II Convitto di Baldassare,
recently brought out at LA Saala with great success may
be introduced. Signor Costa retains his post as musical
director. The scenic department will again be under the
management of Mr. Beverley, and the stage business is to
be superintended, as formerly, by Mr. Harris.

COURT CIRCULAR.

OS BORNE, MARCH 15.

The Earl of Clarendon, Chevalier Bunsen, and General
Count de Groeben, arrived from London at a quarter
before three o'clock yesterday, and had audiences of the
Queen. _ '

They bad the honour of-dining with her Majesty, and
returned to town this morning.
The Countess of Mount-Edgcumbe has succeeded
Viscountess Jocelyn as Lady in Waiting.

Her Royal Highness the Duchess of Kent visited the
Duchess of Gloucester veiterday at Gloucester-house.

The health of her Rayal Highness the Duchess of
Gloucester continues to progress favourably.
A deputation from the Glasgow Committee of the Na-
tional Education Association had an interview with
Earl Granville at the Privy Council-office on Tuesuay, on
the subject of the Lord Advocate's bill for Scotland.
The deputation consisted of the Rev. Dr. Beattie. the
Rev. Professor Eadie, the Rev. Dr. Taylor, Mr. D ivid
Anderson, and Mr. J. 11. Young. The deputation had
also an interview with Viscount Palmerston yesterday,
on the same subject.
The Earl of Clarendon arrived in London yesterday
from a visit to her Majei-ty at Osborne, Isle of Wight.
A deputation, consisting of the Honourable F. H. F.
Berkeley and W. H. Gore Langton, Esq , ruernbt,rs for
the City of Bristol ; G. W. Franklyn, Esq., M.P. fur
Poole (representir g the Bristol Society of Merchant
Venturers) ; P. J. W. Miles, E=q., High Sheriff of Bris-
tol ; R. H. Hayman, James Bash, and Main Jack,
Esqs., members of the Committee ; and Mr. Leo-
nard Bruton, Secretary of the Bristol Chamber of Com-
merce, had a long interview with Viscount Canning, her
Majesty's Postmaster-General, on Friday last, o'i the sub-
ject of the Postal arrangements of that city, and of those
between it and South Wales.

THE OVERLAND MAIL

We have received, vift, Trieste, files of Indian
and China papers to the following dates :—Bom-
bay, Feb. 14 ; Calcutta, Feb. 4 ; and Hong Kong,
Jan. 27.