The Sun.
London, England, 1854-06-17 00:00:00

THE SUN, LONDON, SATURDAY EVENING, JUNE 17, 1854.

MONEY MARKET

AND
COMMERCIAL IIV TELLIGENCE.

CITY, TWO o'CLOCK

The sales of cotton at Liverpool yesterday wero
estimated at from 6,000 to 8,000 bales, including
2,000 taken for export and on speculation. The
market closed tamely but steady. Railway Shares
were dull.

In the weekly statement of the Bank of England,
made up to the 10th instant, there is, as was
expected, a reduction in the amount of bunion, but
it is very trivial. The notes in circulation were
diminished, notwithstanding a large increase in
the discounts, owing to the addition made to the
public and private deposits. The Government
Securities were added to, but whether by pur-
chasers or by the taking of Exchequer-bills or
bonds under arrangement with Mr. Gladstone, or
by advances upon stock, is matter for conjecture.
The demand upon the Bank for accommodation to
the mercantile and other classes, had evidently not
slackened. Compared with the previous week, the
changes are as follows :
Active circulation.

Decrease
Bullion

226,225
12,728,053

Decrease

22,096
3,187,682

Increase
Public Deposits 2,993,663
Increase 436,014
Other Deposits
Increase 270,886
Seven-Day and other Bills

Decrease
Government Securities

36,197
10,024,481

Increase
Other Securities
Increase
Notes unemployed
Increase

168,172
15,799,944
305,419
5,667,645
201,100

The rates of exchange for bills upon the princi-
pal continental cities were lower yesterday after-
noon. Paris, 20 days, was at 25, 20 to 25 ;
Amsterdam, at 11 16 to 171 ; Hamburgh, at 13
5t051 ; Frankfort,, at 118 - to ; and Trieste at
13 15 to 20.

The amount of revenue at the control of the
Honourable East India Campaiy, with the charges
of the home and local establishments, the debt and
other items connected with the finances of the
country, presents a state of affairs satisfactory in
many respects, and the details are instructive to
all who take an interest in them.

The gross receipts from the ordinary revenues of
all the presidencies and territories were for the
year 1851-2, 17,001,171/., collected at a cost of
about K per cent. From salt the receipts in addi-
tion were 2,7530051., but from this there are de-
ductions of 784,393/., to be made. From opium,
the revenue .was 3,993,542/., the Stamp Duties
yielded 472,027/. The cost of collecting the salt
tax seems to be about 191 per cent., and of that
upon opium nearly 26i per cent. Allowing for a
gain of 189,670/. by the exchange with reference
to the fixed rate of 2s. per Sicca Rupee, on remit-
tance transactions between India and London, the
total revenue receipts of all the Presidencies was
26,189,428/., and to collect this, cost 3,511,492/.
The Eastern settlements, including the Prince of
Wales Island, Singapore, and Malacca, gave only
60,686/. of the above total revenue. The district
of Coorg yielded 17,552/. the territory ceded by the
Burmese 235,4271., the North-Western Provinces a
net receipt of 5,670,715/., and the Punjaub and
Trans-Indus territory of 892,111/.
The amount of interest payable on t
debts outstanding at the several Presi
India on the 30th April, 1852, was as fo]

the public
,dencies of
llows :

India—RegisteredDebt
Loans
Ditto
Ditto

Bengal
North-Western Pro-
vinces, including
newly-acquired terri-
tory
Madras
Bombay .

Total

Amount
of
Debt.

338,187
27,037,734
14,931,327

12,307,239
284,039

368,719
1,077,351
1,376 896

118,014,244

iE: co
O r.*:
E 4-..... k
E..45T) .5
74.
0 A 41,3 cl,i3
'.) .
dpi F"14..
F"14..

Rat©

Interest.

6 per cent.
5 per cent.
4 per cent.

2,021
1,351,887
597,253

1,969,431
163,202

18,248
55,183
73,467

2,279,531

The total charges upon the Indian revenues were
for 1851-2, 25,562,4531., leaving a surplus of
531,2651., and of these charges there were, in India,
for collection of revenue and other demands,
6,265,2221.; military, 9,675,4831.; naval, 386,7641.;
judicial and civil, roads, &c., 4,439,2861.; and in-
terest on the debt, 2,184,4391. In England, the
principal amounts were 625,0591. dividends on the
Company's Stock ; 121,0221. interest on the home
debt ; and the rest for military pensions, payments
to her Majesty's Government, allowance for steam
communication, &Tx.
The amount of debt in Madras was 1,0;7,351/.,
bearing an annual interest of 55,1831., and at Bom-
bay 1,376,8961., carrying. an interest of 73,4671.
The total debt f all the Presidencies, therefore,
was 48,014,244/., and the interest 2,279,5311.
The amount of silver exported from London
direct during the week to Thursday last was 557,863
ounces, of which 500,000 ounces to Rotterdam,
32,863 ounces to Hamburg, 13,000 ounces to
Dunkirk, and 11,300 ounces to Havre and
Boulogne. The gold coin exported to Hamburg
was 960 ounces, and to Boulogne 90 ounces.
The ship South Sea, from Melbourne, has ar-
rived off Brighton with 5,420 ounces of gold.
The Birmingham, from Melbourne, has arrived
with 16,533 ounces.

The steamer Australian was expected to leave
St. Vincent's, if coaled, on the 2d inst.
The Emigration Commissioners have invited
tenders for ships to convey emigrants to Hobart
Town, July 25 ; Sydney, July 28 ; Melbourne,
August 1 ; and Sydney, August 1.
The English Stock Market has been buoyant,
and although the business done is not large, there
is a decidedly better tone. Consols have been 91i
to a for the opening. The New 3i per Cents. have
been 911 to and the 3 per Cents. R-duced 91
to 914. Exchequer bills have been at par to 3s. prem.
The scrip of the Exchequer Bonds is to Is prem.
Foreign Stocks have been more active. Spanish
New Deferred have realised 12. Brazilian Old
Bonds have been marked 99, and the New Four-
and-a-Half per Cents. 901 to 91k. Mexican Bonds
have rallied to 241 Peruvian are firmer at 621.
Grenada have been at 1.71-, and Chilian at 303.
Russian Five per Cents. are not higher than 971.
The Railway Share Market has been -!2- per cent.
better upon the average, and with increased deal-
ings. Caledonian have been in request, and also
North British, North Stafford, and London and
North-Western. French shares have been firmer,
and Namur and Liege have rallied.
The Colonial Gold Mining Company's shares are
well supported. United Mexican and Santiago are
steady.
. _ _

The Joint-stock Banks have been about the same.
Crystal Palace firm. Land Companies' rather
tending upwards.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Ogeial List.)
Rusines. done.
per Cent. Reduced Annuities 9li
New 34 per Cent. Annuities 9l
Consols for Opening 19th July
Exchequer Bills, 24d.
£IOOO
2500 par 4 p
Small 2 5 p
Exchequer Bonds Scrip P
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
firazilian Bonds, 5 per Cent. 99
Ditto New, 1852, 4A per Cent 9ll 901
Chilian Bonds, 6 per Cent.
Grenada Bonds, Ex. Dec., 1849, Coupon l7l
titexicau 3 per Cent.
Peruvian Bonds, 41 per Cent. 661
Peruvian 3 per Ceat.
Russian Ponds, 1822, 5 per Cent. £ St 971
Spanish Now Deferred, 3 per Cent. l2
Dividends on the:above payable in London.
TWO O'CLOCK.
Consols for Opening 19th July 9ll x d

THE NEW MINISTER OF WAR.-THE
FRENCH GOVERNMENT.

We can state, on the bee; authority, that a feeling of
disappointment and dissatisfaction, stronger than can be
expressed, has been caused by the appointment of the
Duke of Newcastle to the office of the Ministry of War.
The Emperor and his Government could hardly, we are
assured, believe the fact, when they were informed that
Lord Palmerston had been passed over. They made per-
fectly sure, and were delighted at the prospect, of the
noble lord's appointment to the new office. They consider
the Duke as much unqualified for the situation as Lord
Palmerston is fitted for it. But in addition to this, our
Premier is no favourite at the Tuileries, while the new
Minister of War is there looked upon as his right-hand
man.—Morning Advertiser.

THE BREVET. —The brevet is expected on next Tues-
day, and is to include all ranks of 1846 except captains,
who are to be those of 1843.

GREAT WESTERN ROYAL HOTEL.--This magnificent
establishment is now in complete operation, and is daily
crowded with visitors. Every bed during the entire
week has been occupied, and niany have been disappointed
of sleeping accommodation. This early overcrowding is
no doubt due to the attractions at Ascot, so that a more
moderate demand on the ample capacities of the hotel
may be anticipated for some time to come. The general
arrangements are altogether excellent, while the CtiiBlite
has all cases commanded approbation.

LATEST FOREIGN NEWS

THE WAR.

MEETING OF THE KING OF PRUSSIA
AND THE CZAR.

Advices from Berlin of the 13th say that the
King set out on the previous day for the pro-
vinces.

It is considered almost certain that his Majesty
will have an interview with the Czar at the Prus-
sian frontier town of Stallupoenen.
The Prince of Prussia will rejoin the King at
Kcenigsburg, where they will arrive simultaneously,
and H.R.H. will then be present at the interview.
. .

M. Manteuffel is not to accompany the King.
Horses for the cavalry are very scarce and very.
dear. Orders have been given to draw up a state-
ment of the total number adapted for the service
at present existing in the kingdom.
A despatch from Vienna, dated yesterday, says
the Emperor Nicholas is shortly expected at Kiew.
The Austrian and Prussian joint note in reply
to the Bamberg Coalition was despatched from
Berlin yesterday (Friday).

THE RUSSIANS AGAIN DEFEATED AT
SILISTRIA PRINCE PASKIEWITSCH
WOUNDED.

Advices from Hermanstadf, of the 16th instant,
state that the Russians made another unsuccessful
attack upon Silistria on the 10th.
Prince Paskiewitsch received a very severe con-
tusion on the right leg, and consequently dele-
gated the command to Prince Gortschakoff, and
removed to Jassy.
Another account says he received a severe wound
in the side from a ball from the Turkish batteries.
A Turkish attack upon the Island of llokan was
repulsed.

EXPECTED ENTRANCE OF AUSTRIAN
TROOPS INTO THE PRINCIPALITIES.
It was stated in Paris yesterday that the Em-
peror of Austria has announced to the Porte,
through his Ambassador at Constantinople, that,
under certain contingencies, his troops will enter
the Principalities very shortly.
Advices from Constantinople, of the Bth June,
announce that a Convention has been concluded
between the Ottoman Pcrte and Austria, autho-
rising the latter to occupy the Principalities when
the Russians evacuate them.

VARNA.
A letter from Varna, of the Ist, states that
20,000 men of the French army had arrived, and
8,000 English were encamped in a strong position
six leagues from the town. The armies were before
long to be in full number, and would be directed,
it was said, to turn the Russian army, by the
Danube, with the support of the fleets, which are
close toiVarna. The division ordered to set out to
reduce Anapa had not yet put to sea. Schamyl
had joined the Circassian troops on the plain.

CONSTANTINOPLE.
When Marshal St. Arnaud lately visited the
head-quarters of the Turkish army at Shumla, he
had, as is already known, and might have been ex-
pected,
a long interview with Omer Pasha, in the
course of which the Ottoman General complained
bitterly of the manner in which he had been treated
by the Government, and particularly the Minis-
ters of War and Foreign Affairs, who not only did
not send him the supplies which the army stood so
much in need of, but did not even answer the nu-
merous letters he addressed to them ; that he had
completely exhausted his own resources for the
subsistence of his troops. Marshal St. Arnaud ex-
amined carefully the state of the army, and saw
sufficient to convince him that Omer Pasha's state-
ment was perfectly accurate. Soon after Marshal
St. Arnaud had an audience of the Sultan, and
spoke to his Highness of the condition of Omer
Pasha and his army, and of his complaints, so often
repeated and so often disregarded. The Sultan
felt indignant, summoned his Ministers, and, it is
added, lectured them very severely on the desti-
tution in which the army was left. Redschid
Pasha declared that he was overwhelmed with
business, and that it was too much to make him
responsible for the condition of the army. He soon
after tendered his resignation, which, as we have
seen, was accepted. Such, it is said, was the prin-
cipal and immediate cause of the retirement of the
Minister.

RUSSIAN VERSION OF THE ATTACK ON
REDOUT-KALEH, AND OF THE OPERA-

TIONS ON THE DANUBE.

The Russian Invalid, of June 6, publishes the
following intelligence from the Caucasus and
Danube :

" On the 18th May (N.S.), about noon, the Anglo-
French squadron, consisting of two steamers of 86 guns,
and three steam-frigates, coming from Suchum, ap-
peared off Redout-Kaleh. After taking soundings, the
squadron drew up in order of battle within cannon-shot,
and remained inactive until about three p.m., after
which it sailed in the direction of Batouin. In conse-
quence of the evacuation of the ports of the middle and
southern parts of the eastern coast of the Black Sea,
the Tschernomorsk (Biack Sea) battalions, Nos. 9
and 12, were concentrated at this moment at Redout-
Kaleb, in order to convey as quickly as possible into the
interior the stores of provisions collected at this totally
defenceless port. Prince Andronikoff, commander of
the Guris and Akaldzick troops, arrived on the 19th to
superintend this operation in person, and give final orders
for the definitive evacuation of Redout-Kaleh. On this
day, about two p.m., the enemy's squadron again ap-
peared. It had now about 30 boats in tow, and sent a
flag of truce ashore, with a letter in French, signed by
the enemy's commanders, Lyons and Chebannes. This
letter demanded that our troops should surrender as
prisoners within ten minutes. This insolence remained
unanswered, and consequently they commenced, about
four p.m., to bombard the insignificant buildings of
Redout-Kaleh. This trouble was vain, because they
had already been set on fire by order of Prince
Andronikoff, and the troops tranquilly marched towards
the post of Nadschiyeva, the appointed rendezvous
for all troops of the active army. Field. Marshal Prince
Paskiewitch's journal of operations on the Danube, from
the 22d to the 27th of May (N.S.), has been received.
The siege operations against Silistria have been continued
notwithstanding the obstinate defence of the Turks. The
principal siege works are directed against the most ad-
vanced fort, and other detached defences on the east
side of the fortress. For this purpose the trenches on
the right Danube bank were pushed on to the front
selycted by General Schilder for erecting batteries
which might take the detached fort in reverse. Bat-
teries were simultaneously erected, and connecting
trenches thrown up on the heights on the left flank.
The enemy continued daily to impede the progress of
the works by heavy fire and sorties, but the well-regu-
lated arrangements for the working parties, and the skilful
fire of our rifles, frustrated all attempts of the Turks, who
were driven rapidly back after each sortie. In all these
skirmishes our loss has been insignificant.' We have
Only had thirteen killed, with two field officers, and sixty-
eight men wounded, and fourteen contused. Since the
23d sundry redoubts and field entrenchments have been
constructed, under the immediate orders of the Field-
Marshal, to serve as points of support for drawing up
the besieging forces. On the 24th, Lieutenant-General
Pawloff ordered two sections of the Ocholski regiment
(21st light infantry, 11th division, 4th corps) to take
possession of the island close to Turtukai. On the
following morning Colonel Andropoff, commanding the
40th Don Cossack regiment, and the colonel of the
21st Regiment, crossed the Danube with detachments
of Cossacks and light infantry, and threw themselves upon
Tin tukai, which was abandoned by the enemy. Lieu-
tenant-General Pawloff, who was present in person, was
received (as a matter of course) by the inhabitants with
the holy emblems, bread and salt. They expressed with
delight hearty vows for the well-being of our Sovereign,
and begged protection against the Turkish robber bands
which infested the neighbouring woods. According to
the report of the inhabitants, the place had been occu-
pied by 3,000 Turks, who had retreated, partly to
Schumla and partly to Rutschuk. The General Field-
Marshal ordered Lieutenant-General Pawloff to occupy
Turtukai, and destroy the enemy's entrenchments. The
Turks left a considerable number of vessels behind, which
will serve to augment our communications between
both banks. On the 25th an extensive reconnois-
sance of Silistria was carried out, in order to divert the
attention of the enemy. Major-General Nepokophschitzki
(chief of staff to General Liilers sth corps) advanced
fourtweiwtherde Fort A
battalions,hdu.mecu.twosiqdr
The dronTus,arnhde
espixenfieed a field pieces
fire from these works, which (as a natural consequence
of invulnerability) did us scarcely any harm. On the
12e6atdhi,hga stterosneghuprhatiaro,le,
esuenldt
haes far
tdieacosvAerfio:ttuhr on
y,
enemy,
the
nemy d,raohad
rt
elicet
iienhah. b i
Itann
tstal
ei d hWay" a he
ha
ida sale]. nw
anso
ciTh
iuertk. s
Thin
hthate
rdpis-
of General Liprandi was at Slatina, and watched the
(left) bank of the Aluta, from Rimnik to Turnul, with
maindet in Kalafat. T
detachments. The
hey h
Turks, to the
an henuamdbvearheoefd glO,oooaor,draet.
Bailetschi, and cavalry ,troops at Radovan, but had not
occupied Krajowa (?) The camp by Nicopolis has been
broken up, and the enemy's troops stationed there had
retired to the mountains.

CRUELTIES OF THE RUSSIANS.
A letter from Bucharest, of the Ist (says the
Patrie), states that a considerable number of
fourgons had arrived in that city, loaded with pre-
cious articles taken by the Russians from the
churches and monasteries of Lesser Wallachia.
The country has been entirely- devastated. The
Greek convents have not been spared more than
the others, and everything of any value was car-
ried away ; the general, colonels, officers, and sol-
diers—every one pillaged ; and the unfortunate
inhabitants, despoiled of all they possessed that
was precious, have been, in addition, subjected. to
a war of contributions of the most severe and an-
noying character. The Russians everywhere car-
ried devastation into the districts which are near
the Olta; they fed their horses with the barley and
wheat destined for the inhabitants, whom they
have reduced to the most frightful misery ; and

they burned in their bivouacks even the timber-
work which sustained the thatch of -the peasants'
houses. A great number of these unfortunate
creatures now wander about in the country without
food or shelter. Such of them as made any com-
plaint were thrown into prison. The Boyards were
not more spared than the others, and the prOperties
of a great number of them have been confiscated
under the most futile pretexts. These properties
—sold by auction for almost nothing—are pur-
chased by agents who lend- their names to the
general and other superior officers of the Russian
army, who will thus be the possessors of the finest
estates in the country. Such is the state to
which an odious war has reduced these unfortunate
countries.