The Sun.
London, England, 1854-08-19 00:00:00

AND
COMMERCIAL INTELLIGENCE.

Rest

The Turkish loan was still the leading object of
speculation in the Foreign market, indeed the only
one. It has been dealt in for the coy ling out at
rates of premium ranging from 5 to 6 per cent.,
and is now quoted 51 to These quotations will
probably be quite supported when the intelligence
from Paris becomes more generally known. It ap-
pears that M. Trove Chauvel and Mr. Est. Stanley,
the directors and chief proprietors of the Ot-
toman Bank, or Bank of Constantinople, now
actually in Paris, have protested by letter
to the editors of the public papers, and to the
Turkish Ambassador there, against the allocation
of the Egyptian tribute as a guarantee for the pay-
ment of interest on the loan. They state that the
tribute is already engaged to their Bank by firman
of the Sultan and contract with the Government,
and that they shall inforce their lawful claim to it
by every means in their power.
In other foreign securities we have had few
dealings. Brazilian are 1004 ; Chilian sixes were
bought at 1044 ; Mexican Fives at 244 ; Peruvian
Four-and-a-Half per Cents. 71 ; Sardinian, 87k ;
Dutch Two-and-half per Caws. 624 ; the Fours,
94g.

The Railway Share Market is recovering from the
recent depression, being influenced by the buoy-
ancy of Consols. There is a general improvement
this morning, but most perceptible in Great North-
ern' Lancashire, and Yorkshire, North-Western
and South-Western. The French Shares are very
inactive.

Mining Shares are dull, the Joint-Stock Banks
firm, and. the Land Companies' without much
♦ariation.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom the Oticial List. -;

Bminoss done.
Rank Stock ..
3 per Cent. Reduced Annuitics....
...... ..... 208 10946 $
3 per Cent. Consols Annuities 94# 1
34 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Stock
India Bonds, £lOOO ................;
Ditto, under £lOOO 1 pm
Console for Account 13th Sept.
Exchequer Bills, 24d.
nocio
Small
Exchequer Bonds Scrip, 1858 .
Ditto 1859
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent. lOOl
Chilian Bonds, 6 per Cent.
Mexican 3 per Coat.
Peruvian Bonds, 4.4 per Cent.
Sardinian Bonds, 5 per Cent.. ....... ...
Dividends on the above payable ,n London.
Dutch Exchange, 24 per Cent. 12 Gail
Ditto 4 per Cent. Certifieates ......_ 944 31

TWO O'CLOCK.
Consols
Ditto September Account
944 a

GOVERNORS OF COLONIES.—On Thursday, a Parlia-
mentary paper was printed, obtained by Mr. Brotherton,
of the names of all governors of the different colonies,
With their salaries and their residencies, distinguishing
those who have served in the atmy and navy. There are
47 governors and others in colonies, of which 16 had
been in the army, navy, or artillery. Two receive 7,000/.
a-year; one, 6,0001.; five, 5,0001.; three, 4,0001. a-year,
and other sums varying down to 4001. a•year. The
salary of the Governor and Commander-in-Chief of Hong
gong, Sir John Bowring, is included in that of the Chief
Superintendent of Trade in China, namely, 4,000/.
a-year,

ADDITIONAL TELEGRAPHIC COMMUNICATION.—It is
Sthat the engineers of the Telegraph Company,
with a view of perfecting the communication betweeu
London and Dublin, commenced on Tuesday to lay down
the cable from Holyhead to Howth.
& huge boa constrictor was brought to England by
the Brazilian steamer Thames a few days ago. It was as
thick round as a man's leg, and about 14 feet long. It
'was remarkably savage. It is the property of Count
Lavaradio, the Portuguese ambassador in this country.
A NEW GEOLOGICAL DISCOVERY.—On Friday fore-
noon an immense fossil tree was discovered in the Brom-
field Freestone Quarry, Airdrie, the property of Bailie
John Davidson, of Airdrie. At present there is only
uncovered of the tree about 39 feet, and, from the thick-
ness at which it disappears into the adjacent rock, its
entire length seems to exceed 60 feet. The roofs, so far
as they are uncovered, show a diameter of not less than
6 feet ; the base of it runs to fully two feet in diameter.
On the whole of the side uncovered there appears to
have been no branches. These, however, we presume,
must be near the top, as a person picked up several nuts
in the broken fragments of rock, which possibly may
have been the fruit of this giants of the early forests.
The depth at which it was found is fully 39 feet. The
crowds that have flocked to see it from the town and
neighbourhood are immense.— Glasgow Chronicle.
THE NEW BEER BILL was not attempted to be put
is operation in Wolverhampton last Sunday, for no copy
of the act has been received by the authorities, and the
p( lice were really unaware of the precise nature of its
provisions.—Wolverhampton Chronicle.
SECESSION OF ANOTHER CLERGYMAN FROM THE
CHURCH.—The Derby papers of yesterday announce that
the Rev. John George Macleod, B.A.;formerly assistant
curate of St. Peter's Church, in that town, has seceded
from the Church of England and joined the communion
of the Church of Rome. Mr. Macleod has recently held
the curacy of the church of St. Matthias, Stoke New-
ington, the incumbent of which, the Rev. T. As Pope,
M.A.., gave in his adherence to the Church of Rome a
Weeks azo.
CRUM RATES IN THE PARISH OF ST. CLEMENT
DANES.—Yesterday evening a public meeting of the
ratepayers of the parish of St. Clement's Dane was held
in the large room of the Wheatsheaf Tavern, Vere-
street, to take into consideration the present position of
the ratepayers with regard to church rates, and also
with regard to the subject of church rates generally, to
determine what steps ought to be taken before Parli-
silent re-assembles. Mr. J. P. Murrough, M.P., was
called to the chair, and after various addresses had been
delivered, the following resolution was adopted without
any dissentients :—" That it is the opinion of this meet-
ing that the tax known under the name of church rate
rs unjust in principle, being a tax on the conscience of a
portion of her Majesty's subjects who may differ from
the creed of the Church of England, and alike unjust
to the members of that church, as they are prevented
having that rule over the church they support which other
sects exercise. This meeting pledges itself to do all that
is in its power by petition to Parliament or otherwise,
to get a total abolition of church rates."
Loss OF A PORTUGUESE WAR sHIP.---The Portu-
guese war-steamer Duque de Saldanha was lost on the
coast of Fereira, between Avara and Aveiro, about ten
leagues from Oporto, on the 31st ult. The steamer was
on her way from Madeira to Chagres, with a battalion
of the line on board, when at nine -in the evening she
struck on a sand-bank. By the aid of the merchant ship
Vesuvio and two government steamers sent from Oporto,
the crew and passengers were saved.
. GallEcE.—A. committee has .been formed at Athens
for securing the representation of Greek art, terinefas.
tells, and agriculture, at the Paris exhibition
next year.
Pa? tosuitu quistidis is its president.

. -

MONEY MARKET

CITY, TWO o'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, including 1,000 taken
for export and on speculation. The market was
very dull. Railway Shares were firm at rather
higher prices.
The returns of the Bank of England for the week
ending the 12th inst., exhibit some variations of
nterest as compared with those of the week before.
It will be seen that although the notes unemployed
had increased by 377,6051., yet " other securities,"
denoting bills discounted, had increased by
462,6471., which would imply for last week a larger
demand or accommodation. The decrease in Go-
vernment securities is most probably attributable
to the repayment of advances on deficiency bills.
The addition of 262,3101. to the stock of specie and
bullion will be viewed with satisfaction.
Active circulation...
Decrease 137,955
Bullion . 13,561,821
Increase
•
Increase
Public Deposits 2,990,274
Increase
Other Deposits
Decrease
Seven-Day and other Bills
Decrease 12,560
Government Securities 10,680,493
Decrease
Other Securities 14,101,584
Increase
Notes unemployed 6,668,840
Increase
The foreign exchanges yesterday afternoon were
firm on most of the continental cities, but as ex-
ceptions we notice Paris and Trieste, on which
there was a slight decline.
The exports of bullion from London direct
during the week to Thursday last, comprised
152200 ounces of bar silver, and 551 ounces of
gold, all to the Continent.
An adjourned meeting of the Great Polgooth
Mining Company took place this day, for confirm-
ing the resolution of a former meeting, in respect
to the forfeiture of a number of shares on which
the calls were unpaid.
We have a firm market in public securities,
with much activity in the transactions, consider-
ing this is the last day in the week. Consols are
in advance, and have been done at 94k- money,
and 94i for account. The actual quotations are
941 to for time, and 9i to for money. Re-
duced Threes 94 to Three-and-a-Quarter per
Cents, were bought as high as 94k. In new 2i
per Cents. a bargain was done at 82k. Long
Annuities, 4R-. Exchequer Bonds, 1859, 98i.
Bank Stock, 210: India Stock, 226. India
Bonds, Is. premium. Exchequer Bills, large, is
discount to 2s. premium, the small par to 3s
premium.