The Sun.
London, England, 1854-06-13 00:00:00

THE SUN. LONDON, TUESDAY EVENING, JUNE 13, 1854.

4.*.ttrb IBOttion.

ASCOT RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPB.)

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO o'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 5,000 bales, including 500 American,
100 Bahia, and 500 Surat were taken for export.
The market closed tamely with a tendency in
favour of buyers. The sales comprised 3,000 Ame-
rican, 50 Pernam and Maranham at 6gd. to 62d.;
360 labia at 61d. ' • 200 Egyptian at 6id. to 7d. ;
1,200 Surat at 3d. to 41d., and 80 Sea Island at
ls. to is. 10d. per lb. Railway Shares were dull.
The ship Neleus arrived from Melbourne, does
not bring dates later than March 11. She has gold
to the amount of 52,913 ounces. The Woolloo-
mooloo, which arrived yesterday, brought 8,793
ounces. There are now .on the way from Sydney,
The Anglesea with 4,262 ounces, the Waterloo
with 1,631 ounces, the Hertfordshire with 400
ounces, and the Prince of Wales with 100 ounces.
These are in addition to the other vessels formerly
noted as having left the Australian ports in Feb-
ruary, and many of them not yet arrived.
The crew of the ship Tubal Cain set fire to that
ship outside Port Philip Heads, on the night of the
3d of March.

The great punctuality which Brazil has ever
exhibited in the payment of interest upon its debt,
gives it a high character in Europe, and shows that
whatever disturbances have arisen in the provinces,
its Government must have the elements of sound-
ness and popularity. There is less known of this
large empire than many of the smaller states, and
a publication just issued under the title of Brazil, the
River Plate and the Falkland Islands, by Mr.
William Hadfield, many years resident there,
enters into every topic that can be conceived to be
of interest. The work becomes additionally inte-
resting, as containing the South American sketches
of two diplomatic functionaries, namely, Sir W.
Gore Ouseley and Sir Charles liotham ; the latter
furnishing much new information relative to Para-
guay and the region of the Amazon. Great changes
have within the last few years been established in
the habits of the planters, who are now much more
approximating to the customs of the older coun-
tries. In the year 1808 there was not a printing
press in the country, but now no large town is
without its journal, generally well conducted,
and there are educational establishments in all
the Provinces. The difficulty of procuring
labour is a great drawback, and the immigration
of free labourers appears to be the only means of
alleviating it. There are vast regions in the Bra-
zils where outdoor labour is practicable to natives
of Great Britain; but Coolies from China would in
the other districts better answer the purpose. By
the side of slavery, however, free labour can never
prosper, consequently the introduction of the one
must lead to the decline of the other. The imports
and exports of Brazil are upon an important scale,
and the imports from Great Britain amounted in
the year 1852 to nearly 3,500,0001. The national
debt appears to be about seven millions sterling,
but the income is fully equal to all charges, and
there is now a good surplus. Upon this, and many
other interesting points, no work can be so use-
fully consulted as Mr. Hadfield's.

There is a flatter market for Public Securities,
the paucity of business being as much the cause of
this as anything else. Consols have been 91 to
911 for the opening, ex dividend, which is to
per cent. worse than yesterday. The New 3i per
Cents. have been at 9lto 92, and the 3 per Cents.
at 911 to 1. Bank Stock is firm at 204 to 206. Ex-
chequer Bills are par to 4s. premium. The scrip
of the New Bonds has risen to premium.
In the Foreign market there is an entire pause,
and the quotations are merely nominal. Russian
5 per Cents. are not so high as they were a few
days since, having been marked 99k. Swedish 4
per Cents. have realised WI. Dutch 4 per Cents.
have been 891. Brazilian Sinai! Bonds have been
quoted par.
Fur Rail way Shares the market is declining, being
affected by the heaviness of the other securities,
but the sales are not at all numerous. London
and North Western have receded about 10s. ;
Brighton, 15s. to 11. ; Great Northern, 10s. ; and
the Caledonian and Great Western in about the
same proportion. The French lines have been
steady, without any appearance of animation.
Namur and Liege have improved.
The Mining Market is rather better for United
Mexican, and one or two other of the foreign shares,
but the gold shares are still neglected.

The Joint Stock Bank shares have been dull,
but Australasia have been done at a slight advance.
The Crystal Palace shares are again rather flat-
ter. The Peninsular and Oriental shares, owing
to the non-declaration of a dividend, have receded
21. to 4/.

BRITISH FUNDS THIS DAY.—CLOSING PRICES,
(From the Oficial List.)
►Snainess done.
Bank Stock

per Cent. Reduced Annuities 9I.E 4
3 per Cent Consols Annuities
New 31 per Cent. Annuities 9li 213 3
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 4 9-16 3
India Bonds, £IOOO
Consols for Opening 19th July
Exchequer Bills, 20.
£1000
£5OO .. par 4 p
Small 4 2 5 1 p
Exchequer Bonds Scrip
PRICE OF FOREIGN FUNDS THIS DAY.
i;razilian Bonds, 5 per Cent.
Ditto Small
Equador Bonds . 33
Grenada Bonds, Ex. Dec., 1849, Coupon l7
Mexican 3 per Cent.
Russian Bonds, 1822, 5 per Cent. £ St 994 9
Sardinian Bonds, 5 per Cent B4 x d
Spanish Bonds, 3 per Cent 404
Swedish 4 per Cent........
Venezuela Bonds, 34 per Cent.
Ditto Deferred, 1 per Cent lO4
Dividends on the above payable in London. '
Dutch Exchange, 24 per Cent. 12 Guil
Ditto 4 per Cent. Certifieates •
THREE O'CLOCK.
Consols for Opening 19th July ..... 914 4x d

LATEST FOREIGN 'NEWS.

THE WAR.
THE SIEGE OF SILISTRIA.

The Ost Deutsche Post of Vienna of the Bth
says —"The siege of Silistria still continues with-
out the occurrence of any important events. The
Turks every clay make sorties in order to destroy-
the works of the besiegers. The fort of Ab-dul-
Medjid must be taken before the fortress so called
can be attacked by the centre of the besieging
force. The fort of Abd-ul-Medjid is mounted by
60 guns, and surrounded by a triple wall in ma-
sonry, and occupied eight months' constant labour
in its construction. On the left of it aro two
towers with which it communicates. If the fort
were to be taken the garrison could readily retire
into Silistria, by a covered way which leads into
the place."

ROYAL CONFERENCE AT TESOHEN.
A telegraphic despatch, dated last night, from
Berlin, says :
" The results of the Teschen conference are fa-
vourable.

" Austria and Prussia will send an answer to
the minor States extinguishing the hopes of the
Bamberg Conference.
" Prussia is resolved to consider the note sent
by Austria to Russia on the 2d of June as the
sommation, mentioned in the late treaty, and will
send Colonel Manteuffel to St. Petersburg to back
it.

" Brahestadt Tornea, on the north of the Gulf
of Bothnia, has been cannonaded with success."
Under the head of Berlin the 9th, the Cologne
Gazette says The following is the explanation
given as to the real motives of the interview which
has just taken place at Teschen, or rather on a pro-
perty of Count de Thun, the Austrian Ambassador
at our Court. General de Meyerhoffer communi-
cated to the King the desire which the Emperor .
felt to present to Majesty the young Empress,
and on the King having given an affirmative answer,
a formal invitation arrived to him for Teschen."
The King of Prussia arrived at Dresden incognito
in the afternoon of the Bth. He was received at
the railway station by the King of Saxony and
Prince John. Their Majesties left together for
Bodenbach, in order to meet the Emperor of Aus-
tria at Teschen.

NEW TREATY BETWEEN THE PORTE
AND AUSTRIA.
It is stated in a private communication from
Constantinople, that propositions have been made
to the Porte by Austria for a convention or treaty
between these two Powers. According to the terms
of this proposed treaty, Austria would undertake
to send troops to the Principalities to act against
the Russians, and compel by arms their evacuation.
The letter does not make mention of any other
stipulation, though, perhaps, this is not the only
one, nor does it state whether these propositions
had been communicated to the allies of Turkey.

MORE NEGOTIATIONS WITH THE CZAR.
A letter from Vienna of the Bth, in the Trieste
journal, mentions that General Count de Rostiz
has been called by the telegraph to Prague. He is
to proceed to St. Petersburg with an autograph
letter of the Emperor of Austria to the Czar.
A Berlin letter of the 9th states that Colonel
Manteuffel has been charged with another mission
to St. Petersburg. General do Bakendorff, the
military attache of the Russian Embassy at Berlin,
is also to leave for St Petersburg, but his absence
will be short. Another letter from Berlin mentions
a report that the King of Prussia will set out on
the 12th for the Polish frontier to have an inter-
view with the Emperor of Russia.

wards the middle of the mountains the trees are
more bare, and a little beyond have no foliage at
all. Then the species changes from elm and oak
to pine and larch, which at first runs with and lights
up the other trees beautifully, and afterwards in
a thick black fringe have all the top to them-
selves. Mountains such as these occupy either side of
the gorge, their tops a mixture of black pine and snow.
Towering beyond, in the centre of the whole view, are
huge peaks of unbroken and perpetual snow ; the whole
is a glorious combination of summer and winter—beauty
and grandeur. The fort of Gagri had evidently been
evacuated in a hurry, as the Russians had left their ord-
nance stores there. I counted thirteen 9-pounders quite
new, and there are also several 10-inch mortars and
howitzers, besides many piles of shot and shell in the
best condition. Their principal missile seems to have
been caseshot ; the whole place was strewed over with
old canisters and iron balls of this description ; one
storehouse was entirely filled with the latter, to be
fired from the 10-inch mortar. The fort is a square,
with bastions at the angles, and there is a block-house
at some distance from it up the valley to contmand
the passage. We did not anchor, and our stay did
not exceed half-an-hour. A number of Circassians
were sitting on the remnants of a che,vaux-de-f rise,
and welcomed us gladly, but advised us not to go far up
the valley, as their brethren on either side riot knowing
what to make of us, would probably fire. They had col-
lected in some numbers as we left, and as we shoved off
all fired their rifles together, as a parting salute, which
we acknowledged by tossing oars to them. As the Cir-
cassians do not understand any sort of warfare but their
own, all the military stores should be taken and given
to the Turks to make strong their towns upon the Black
Sea. The evacuation had been so recent that frag-
ments of books and other small wares were strewed
around. After leaving Gagri, we passed the town of
Paposi, and skirted the ccast of Imeritia ; its occupants
are Christians of the Greek Church, and are favourable
to Russia, their chief receiving 20,000 dollars a year.
Some people theorise that local scenery influences the
minds of those who dwell amid it ; these people should
be the noblest nation on earth. The mountains have
retired from the water's edge, and between them and
the sea is a plain some miles across, upon which
the trees and verdure are luxuriantly beautiful ; smoke
arises here and there, as if agriculturists were at work,
and distant houses of wood are bathed in the ',lightest '
sunlight. This is summer—winter approaches half-way
up the mountains, its boundary again marked by firs
and pines and stray snow-patches in the ravines ; again,
there is a splendid black forest of firs, many miles in
length along the mountains ; above this fir-tops are seen
struggling through the snow ; above is winter indeed in
all its dreariness and fierceness. The immense quantity
of snow is perfectly dazzling ; it lies in one thick un-
broken mass extending high up into the heavens, except
where abrupt precipices and rocks will not allow it to
remain on their perpendicular surfaces ; and peak upon
peak, as fantastic as the most insane artist could desire,
follow in rapid succession. In steaming along the coast
we passed a Russian monastery embowered in trees ;
i one monk alone had taken up his quarters there, as it
had not been finished ; it is now deserted ; its circular
green top, crowned by a gold cross, has a pretty effect.
"In passing Paposi five guns were fired thence as a
salute, a gun to each ship (Agamemnon, Charlemag,e,
Highflyer, Sampson, and Mogador), which was duly
returned by the Agamemnon, which ship bears the flag
of Rear-Admiral Sir E. Lyons. We have had sonic
curious effects of mirage ; the Agamemnon greatly in-
creased in height, now becoming all white, then all black,
and then surrounded by a thin white stripe, which con-
tinually changed its position ; the Charlemagne appeared
to sink lower and lower in the water, until nothing re-
mained but her hammock nettings; after which proceed-
ing she suddenly grew to twice her height, and then dimi-
nished once more. We are rapidly approaching Suchum-
Kaleh ; there is a glorious view of snow and rock ; the
former on the more distant mountains appears to descend
almost to their bases; but, notwithstanding snow and ice,
we have below here tremendously hot weather. The
masses of snow are partially lit up by the sun ; in other
places they are partly concealed by cloud; it is diffi-
cult sometimes to draw the boundar'es of heaven and
earth, for as the evening draws on both are fast melting
into one. One giant peak of porphyry, which shows
the perpendicular rock, presides over the glaciers be-
neath right regally.
"MAY 13.—0 n nearing Suchum-Kaleh we perceived
the walls were covered with men in the Circassian dress,
eight of them bearing flags of all devices and colours, but
nearly all having upon them the star and crescent. A
beau iful bay, thickly wooded around, forms the entrance
to Suchum ; in the centre of this we found 70 fathoms
of water. The wind blew from the shore, and brought
with it a delicious perfume of flowers, and from the ap-
pearance of handsome detached houses scattered around
one sees that Russians and Georgians have lived toge-
gether on friendly terns. About two miles from the town
rises a small hill, covered with buildings, and farms, well
constructed in every respect, nestle at its foot. I began
exploring Suchum yesterday at 10 o'clock. On the
one flank is a battery of gabions and fascines, having
eight guns towards the sea (six of them remaining there,
though jammed up with shot). In the centre is a fur-
nace of brick, built with the amiable intention of heat-
ing shot for our reception, for our prisoners tell us that
the whole of the sea defences have been recently con-
structed. At the other flank is the old Genoese castle,
surrounded by a thick wall of great strength and extent.
Here are all the Government stores ; 12 or 14 guns,
ranging from 18 to 30 pounders (the latter are handsome
and serviceable pieces of ordnance), repose upon the
walls unspiked. Large stores of flour and wheat were
still burning with a horrible smell ; and shot and shell
of all descriptions are strewed over the ground. Between
these two ports is a long street, containing shops and
, houses of wood and stone; from the centre of this street a
spacious road leads to the country. It is well planted with
trees upon the walks on either side, behind which are
cottages built in excellent taste, and covered with roses
and jessamine. We visited the General's house ; his
coach-houses, stables, and kitchens excited our admira-
tion. A little beyond are botanical gardens. I never
saw roses in such profusion as here ; the hedges are form-
ed entirely of them, and they are in full flower ; their
scent fills the whole place. After nearly all the ships
had foraged enormous bouquets, we climbed up to the
houses ou the hill I spoke of ; these proved to be an
enormous hospital, beds still remaining there. We sat
underneath large trees in front of the building and
emptied onr pocket-flasks with much gusto, for thesheat
was tropical. Here I sketched a Circassian, and gave
him the performance, which caused roams of laughter
and lif ashallahs /' We soon got to know how it hap-
pened that the town had not been destroyed like the
neighbouring places. It seems the Russians marched
from the town overland to join the army in Asia
but, being too weak in themselves to make the
journey, obtained a large escort of Georgians,
the price of their service being the town of
Suchum, the Georgians having stipulated tha,tonothing
should be destroyed, except military stores. Their
terms were accepted, and a Georgian detachment re-
mained behind to take care of the place until their
brethren should return ; but our friend Schamyl bad
also kept his eyes open, and immediately upon the eva-
cuation of the town by the Russians and Georgians, sent
a lieutenant with a body of Circassians (some say 500,
others 2,000) to take possession. In consequence dis-
putes ran high between Georgians and Circassians (the
former Christians) at Suchum-Kaleh ; the one party say
they shall occupy the place and keep it, and the other
that they have earned it ; the returning Georgians, how-
ever, are but one day's march from the scene of dissen-
sion, and most likely Suchum-Kaleh will be a prize well
fought for. Schamyl's lieutenant had left for Batoum to
communicate with the Turks. On leaving Suchuna-
Kaleh, we made acquaintance with the highest peaks of
the Caucasus, which run inland, and were left behind
before approaching Redout-Kaleh. We have been for-
tunate in the clear atmosphere, hot as it has been. This
morning the view of the wildest part of the Caucasus
was grand in the extreme. The highest peak (8,000 feet)
was in sight, its surrounding neighbours forming with
it a magnificent snow landscape, which I shall never
, -target.
• • We had been told that Redout-Kaleh was deserted
by the Russians. On arriving at the place the Admiral
hoisted a large Turkish ensign, but no notice was
taken from the- shore, not even a red pocket handker-
chief was shown in our honour, and people were seen
riding about on shore, carrying lances of a most suspi-
cious Cossacky appearance. The fleet proceeded to
Nikolai (Shefkatil), where we anchored, and the admiral
went on shore, and after a conference there we got
under way again, and are now anchored at Zuluk Zee,
where there is a largo Turkish camp, whence we are
to take a body of Turkish soldiers to occupy and
take Redout-Kaleh, which, as we suspected, a's still
iu the hands of the Russians ; the marines and marine
artillery of the fleet are preparedto land with the Turks
to attack the fort by land. The ships have been busy
in bringing off the Turks, to the number of 1,000. These
soldiers are excellently armed with French muskets ;
their clothing is not good, being both patched and in
holes, and they are heavily laden with large knap-
sacks, but, notwithstanding their having been encamped
for some months in a most unhealthy place, they are
generally hearty and strong, thickset fellows, and of
capital fighting material. Their officers are very so-so,
and treat their men harshly. Zuluk Zee boasts a bazaar,
a long narrow street filled with dirty little shops. There
are great numbers of sick in the hospital, for here,
as at Suchum, fever, ague, and consumption do their
wore.

MAY 22. —.And now to give you an account of
our adventures at Redout-Kaleh. We reached that
place at about four o'clock, and, before doing so saw
hosts of Georgians, mounted, intermingled with Cos-
sacks, and riding hard along the beach into the town ;
and, standing about the parapet of the fort, could
distinguish eight or nine Russian officers by their
uniform. The Admiral immediately sent a flag of
truce, requiring the immediate evacuation of the place.
The officer in command replied that the Prince was
two miles distant, and it was necessary to communicate
with him on the subject. Upon this the boat waited
for a quarter of an hour (five minutes longer than agreed
upon), then shoved off, and, making signal to the ad-
miral, "Have received no answer," pulled out. They
were ordered back, however, by signal, to remain an-
other quarter of an hour; but, upon again reaching the
shore, to one was to be seen—officers, Georgians, and
Cossocks all having disappeared as if by magic. On
this being made known, the Agamemnon immediately
opened fire, the Turks were got into the boats, and as-
sembled near the Simpson, with a few gun-boats to cover
them, and waited until ordered to approach, but, as the
first shot was fired, a thick mass of smoke began to
rise from the town, and soon afterwards I counted
ten such ascending straight into the clouds—in short,
the Russians had fired the town, and right well
had they commenced their work. The old Caucasus, who
shone against the sky with all his snow peaks without a
cloud, eehoed loudly the cannonade of the Agamemnon
and Charlemagne, and the guninats and Turks advanced
and disembarked, haying but one 4tui fired at them from

the fort. The Turks formed upon the beach, the Bashi-
Bazouks penetrating the wood on their right, and ex-
amining the houses and forts in front, as skirmishers.
The Turks proceeded by the banks of the fine broad
river towards the burning town, and found that pursuit
of the Russians was cut off by the destruction of
bridges of boats. Two rivers, one from the south and
one from the east, have their confluence here. A
Turk swam across with a line in his mouth to form
a communication, but the measures of the enemy had
been taken too well, and but a few shdts were fired
at the last of them. Meanwhile the ships' boats were re-
called, and the Turks left in quiet possession of this side
of the rivers ; the rest was a tremendous conflagration ;
houses and trees burnt together furiously during the
whole of the night, and fierce flames and illuminated
smoke rendered our decks almost light. As I was look-
ing through a glass, down came the steeple of a church,
most beautifully covered with flame. Fortunately, the
wind did not permit of its spreading more to the west,
or the Turks would have been burnt out. All the men
in the ships were ready at their guns during the firing,
and the artillery and marines were ready to land if ne-
cessary. Redout-Kaleh was the most important point
of the Russians, connecting Teflis and the interior of
Georgia with the Black Sea ; and it was from that
place communications were made between the other
posts and the army in Asia. Flame and smoke were
also seen in the direction of Poti, which most probably
has shared a similar fate; so that now the Russians are
completely shut out in Georgia from the Black Sea.
They had evidently retained Redoubt as long as possible,
owing to its importance, but were prepared to destroy
it upon an emergency, and I have no doubt but every-
thing was ready to fire it on our first appearance off the
place when we hoisted the Turkish ensign. .Redoubt is
now the most important position in the hands of
the Turks, and they require more men and guns there as
soon as possible, as now they have but 7,000 men to
hold five positions. We are now off to Sinope, and
afterwards to join Admiral Dundas, leaving the Sampson
to help to take care of Redout-Kaleh."