The Sun.
London, England, 1854-07-18 00:00:00

THE SULINA AFFAIR.

The following has been received at the Admi-
ralty to-day
PROCEEDINGS OF THE FIREBRAND OFF

_ -
THE DANUBE.
for the information o
Sirs —I be to
g acquaint you,
that Cap-
Britannia, off Baljik,
the Lords Commissioners of the Admira ty,
fain Parker, of the Firebrand, Ist July, 18.54. f
on the night of
the 26-27th June, nearly surprised the Cossack Guard
at the entrance of the Danube, but only succeeded in
securing the Cossack officer in command, whom I have
sent to General Lord Raglan.
2- On the 28th and 29th, assisted by the Fury, he
completely destroyed the strong and well-built batteries
at the Sulina. The lighthouse, the private houses,
and the quarantine establishment, were untouched,
but the fear of damaging them by the use of p Avder and
fire, rendered the work of destruction of the batteries
very severe and heavy to the crews of the Firebrand and
Fury.

3: Lieutenant Jull, of the Royal Marine Artillery,
vas wounded in the head by a ball, but remains in com-
mand of his men, and the arrangements made by Captain
Parker have again prevented any loss on our aide.
4. Captain Parker speaks highly of the conduct of
Lieut. Jones on these occasions, as well as on those
when the cavalry posts were lately destroyed to the
north of the Danube.—l have, &c.,
(Signed) J. W. D. DIINDAS, Vice-Admiral.
The Secretary of the Admiralty.

Galignani's Messenger observes, that "among the en-
(
v, geraents spoken of for the Opera is that of M. Brandt,
who possesses a fine tenor organ, and has been profitably
studying here for some time under the best masters. He
wa s last week heard," says our Paris 2ontemporary, " by
several of our leading connoisseurs, and their suffrages
in I its favour were unanimous."
C ialignani also remarks, in the same number, that
"M lie. Rachel is not expected to make her rentree at the
Fral 'cads before the month of September."

Y MA RKET

AND

COMMERCIAL 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 market closed he*vily, but prices were but
little changed. The sales comprised about 7,000
American, 450 Pernam and Marauham at sid. to
7id., 40 Bahia at 6d., 400 Egyptian at 6d. to 9d.,
and 500 Surat at aid. to 41,d. per lb. Railway
Shares were flat. _ _ .

The Australian letters per Golden Age report
unfavourably of commercial affairs, owing -to the
excessive supplies. The gold production, though
still large, was scarcely equal to what it was early
in 1853.

Accounts from Prince Edward Island state that
Mr. Dominick Daly, the new Governor, had been
received by the colonists with the highest demon-
strations of respect, and was likely to be very
popular. The elections were in favour of the Liberal
party.
At the meeting of the Commercial Bank of Lon-
don just held, a very favourable report has been
presented and unanimously adopted. The follow-
ing are extracts :--
"The directors have the satisfaction of presenting to
the shareholders the fourteenth annual balance sheet,
from which it will appear that, after paying all expenses,
and making provision for bad and doubtful debts, the net
profits of the bank amount to 36,9501. Os. 11d.
"A dividend, at the rate of 61. per cent. per annum
for the half-year ending 31st Dec., 1853, has been al-
ready paid, and the directors have now to declare a divi-
dend for the half-year ending 30th June, 1854, at the
same rate, with a bonus of 16s. per share—both divi-
dend and bonus free from income tax.

"After paying this dividend and bonus, there will re-
main a balance of 1,4451. 9s. 3d. to be carried to the re-
serve fund, increasing that fund to 64,0121. Os. 11d."
The half-yearly meeting of the St. Katharine
Dock Company was held this morning, and a divi-
dend at the rate of 4 per cent. per annum has been
declared. The report states
" The accounts of receipts and expenditure of the com-
pany for the half-year ended the 30th June last have
been accessible, since the 10th inst., for inspection by
proprietors, in accordance with the advertisement call-
ing the present meeting, and copies of the same are now
on the table ; they show the results of the business of
the past six months to be as follows :—Gross earnings,
158,4271. 9s. 10d. ; expenditure, including interest,
95,6191. 11s. Bd. ; net earnings, 62,8071. 18s. 2d.
" This sum, with the balance of 53,6941. 15s.
brought forward at the commencement of this year,
after payment of the dividend declared in January last,
gives a present available balance of 116,5021. 13s. 2d.,
out of which the directors recommend that a dividend be
now declared at the rate of 2 per cent. upon the capital
stock of the company for the half-year ended the 30th
June last, and that the same be paid free of income tax.
" Should this recommendation be adopted by the
meeting, the dividend payable will amount to 38,7961.,
and leave a balance to be carried forward of 77,7061.
13s. 2d."

The English Stock Alarket has been very de-
pressed upon the announcement of Lord John
Russell that he should have to ask the House of
Commons, next week, for a considerable sum of
money to carry on the war. It is expected that
general authority, under a vote of credit, will be
taken to raise whatever may be required, since
many doubt whether the Ministry can yet state
what is likely to be wanted. Opinions, however,
are greatly divided, some parties considering that
a proposition will be made to subsidise Turkey,
while others consider that a preferable course will
be to guarantee the interest upon any private loan
which the Ottoman Porte may require. In our
view, Government intends simply to attend to its
own wants as regards the actual vote to be taken,
although it may guarantee a Turkish loan, and the
point of most interest is to ascertain how the finan-
cial requirements of Mr. Gladstone can be met. It
is not thought in the City that the market will
bear a further issue of Exchequer Bonds
above the amount already authorised, -and
there remain two or three other plans that may be
adopted. A direct loan, a creation of terminable
annuities, or an issue of Exchequer Bills. At an
increased interest, it is probable there might be
a further amount of unfunded debt floated, but
much depends on the sum required. Consols decli-
ned yesterday after the official hours of business to
92i 1, what was stated at the Downing Street meet-
ing having transpired, and this morning they
opened at 91a fell to 91i g, and have since rallied
to 911 and 92. There is a fuller supply of stock,
and is loaned very readily till August. Bank Stock
is firm at 209 to 211. India Stock' is 225 to 226.
Exchequer Bills keep at par to 3s. premium, rather
a significant proof of opinion in the Stock Exchange
as to the investment least liable to fluctuation just
now.

There has been a slight increase of business in the
Foreign market, but prices have not yet improved.
Mexican are rather lower, and Spanish have been
heavy on account of the important news received
as to the spread of the insurrection. The prices of
Mexican have been 24 to s 5, and Of the Spanish
New Deferred 181. Portuguese 4 per Cents. have
been done at 39 without the dividend. Dutch
21 per Cents. have been 59g, and the 4 per Cents.
Oul. Sardinian Bonds have been at 851,, Bra-
zilian Old Stock has been quoted at par.
The following aro the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 6 to 61 ; Mexi-
can, 241 to 241 ; Peruvian, 66 to 68 ; ditto Three
per Cents. 50 to 52 ; Portuguese Four per Cents.
39 to 41 ; Russian Five per Cents. 97 to 99 ;
ditto Four-and-a-Half per Cents. 82 to 84 ; Spanish
New Deferred, 18k to 181 ; ditto Three per Cents.
361 to 371 ; ditto Certificates, 31 to 4f ; ditto
Passive, 31 to 41.
Railway Shares are lower, and in most instances
to the extent of fully 1 per cent. This decline has
occurred in North-Western, Caledonian, Great
Western, and South-Eastern. Great Northern
were 30s. lower, but have just rallied again. In
French Shares there has been nothing doing.
The Mining Market is merely nominal. In the
Joint Stock Bank Shares only one or two bargains
are recorded. The Shares of the Australian Land
Companies have been inactive, and Crystal Palace
are lower.

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

. _
- Business done.
Bank Stock
i per Cent. Reduced Annuities 9ll 2
3 per Cent. Consols Annuities 9ls $ 2 1$
31 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860 -16 11-16
Ditto 30 Years, Expire sth Jan.,1860 4 7-16
India Stock 225 6
India Bonds, 21000 .......
..... . ........
Ditto, under £lOOO 4
Consols for Opening 19th July
Exchequer Bills, 24d.
£lOOO
... par 3 p
2500 par 3 p
Small 1 5 p
Exchequer Bonds Scrip .
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cont. lOO 991
New Braizilanßonds, 1829 d; 39, 5 per Cent. 100
viexican 3 per Cent.
Peruvian Bonds, 41 per Cent. 6B 7
Peruvian 3 per Ceat.
Portuguese Bonds, 4 per Cent 39 x d
Sardinian Bonds, 5 per Cent B5l 6
Spanish Bonds, 3 per Cent 37 6f x d
Spanish New Deferred, 3 per Cont. lB i
Ditto for the Account lBl
Dividends on the above payable in London.
Dutch Exchange, 21 per Cent. 12 Guil
Ditto 4 per Cent. Cortifieates ......_
THREE O'CLOCK.
Consols for Opening 19th July 9ls 4- x d

THE LATE FAILURE.—M. Gopc3vich, of Trieste, has
resumed payment.

CEIMINAL JUSTICE IN THE METROPOLIS.—Yesterday
the bill as amended, to dispense with grand juries in
the metropolis, was printed. The bill was noticed last
week in the Daily News. Grand jurors may be sum-
moned for only four sessions of the Central Criminal
Court in a year. There is an alteration as to the time
the Act shall take effect—it is now fixed for the Ist
September.
THE NEW ACT TO COMPEL THE ATTENDANCE OF WIT-
NESSES.—The new act to enable the courts of law in
England, Ireland, and Scotland to issue process to com-
pel the attendance of witnesses out of their jurisdiction,
and to give effect to the service of such process in any
part of the United Kingdom, has been printed. The
act came into operation on receiving the royal assent on
Mon,lay. . Parties who are required to attend out of the
jurisdiction of the courts are not to be punished for non-
attendance, unless they had been tendered a sufficient
sum to pay their expenses of coming and attending to
give evidence and returning
CHOLERA.—On Saturday afternoon an inquest was
taken by Mr. Wm. BAker, at the Cape of Good Hope,
St. Anne-street, Limehouse, on view of the body of
Sarah Harvey, aged 24, a single female, who died at
No. 21, St. Anne-street, Limehouse. Mr. J. Woolridge,
surgeon, St. Anne-street, said that ho was called to see
deceased about half-past two o'clock on Wednesday
afternoon. She was vomiting, and had severe cramps,
with a low attenuated speech, and a slight pulse • the
Skin was also of a blueish colour. He had no doubt
that she had an attack of Asiatic cholera, which led to
o a
her death. The jury returned a verdict in accordance
with the medical evidence.
JAMAICA LOAN.—A bill to guarantee the liquidation
f
Jamaica has been printed. It proposes that the sums
l
borrowed under certain Jamaica acts (which are recited
in the preamble),
loan
an o
lbr loans for the service of the colony of
e)
not exceeding 500,0001., and the inte-
rest thereof, not exceeding 4 per cent., shall be gua-
ranteed, and payments made out of the Consolidated
Fund, in order to give effect to this guarantee. These
advances will, however, be charged on the revenues of
Jamaica, with interest at the rate of 5 per cent. The
accounts of these loans are to be annually laid before
Parliament.