The Sun.
London, England, 1870-07-28 00:00:00

MARKETS.

.LONDON CORN MARKET, WEDNESDAY.—The grain trade
to-day has been in a very quiet state.. The supply of English
wheat has been short, and the market has been but moderately
supplied with foreign. In all descriptions sales have progressed
slowly at about lato rates. The supply of barley has
been moderate. The transactions have been restricted,
but prices have ruled firm. Malt has been quiet,
at about late rates. Oats have been in request, at full
currencies. Beans have been firm, and quite as dear. Peas have
realised extreme prices. Flour has been quiet, at previous quo-
tations. Arrivals : English and Scotch—Wheat, 310 qrs. ; malt,
100. Foreign—Wheat, 24,860 qrs.; barley, 620 ; oats, 69,730 ;
maize, 3,270 ; beans, 1,120 ; peas, 4,970 ; flour, 1,230 sacks.

NEWARK CORN MARKET, WEDNESDAY.--The suppfy of
wheat at this market to-day was not so large as last week. There
were few buyers, and the little business doing was at 3s. to 4s.
per quarter reduction. Barley and beans made the prices of
this day week. There were some new peas and oats sold of good
quality, prices ranging from 40s. to 435. per qr. for peas, and
30s. per qr. for oats.

STOCKTON-ON-TEES CORN MARKET, WEDNESDAY.-
Tempted by the great advance of prices of last week, farmers
showeda large quantity of wheat at this market to-day ; but
were only able to effect slow sales at a decline of from Os. to 6s.
per quarter. Oats and beans realized late prices.
EDINBURGH CORN MARKET, WEDNESDAY.-There were
good supplies at this market to-day. Wheat was difficult to sell
at from 4s. to ss. per quarter reduction. Barley was dull at last
week's prices. Oats sold heavy at is. per quarter lower. Beans
wore dull. Prices were in favour of the buyers.
SOIJTIIALL CATTLE MARKET, WEDNESDAY.-The dry
weather has brought increased supplies to this market to-day.
Prices have given way 2d. per stone on best qualities, and 4d.
per stone on inferior sorts.
METROPOLITAN MEAT MARKET, WEDNESDAY.-This
market has been moderately supplied with meat. The trade
has been steady, at our quotations. Beef, from 2s. Bd. to 55.;
mutton, 35. Bd. to ss. 4d. ; lamb, ss. 4d. to Os. ; veQ, 4s. 4d.
to 45. Bd. • and pork, 4s. to ss. Bd. per 81bs. by the carcase.
COLONIAL PRODUCE MARKETS, WEDNESDAY.-The mar-
kets continue quiet, bufwithout depression in one or two instances.
Sugar : Floating cargoes in moderate demand, at about late
rates. On the spot the market was quiet, Crystallised 31auritius
sold slightly lower ; superior bold, ss. Bd. duty, at 355. 68. ; and
fine, 348. 6d. to 355. per cwt. Coffee : The market is dull.
Holders do not press sales, and prices are rather steadier. Teas
experience only a limited inquiry, and the tendency of prioesrule
in favour of purchasers. Spices :At the auctions to-day biddings
were rather less animated, except for common to middling qualities
of ginger, which were again lower, prices showed very little
change. Hemp : Russian is firm, at £35 to £35105. Cotton flat,
with drooping prices, Good fair Tinnevelly, 7d. to 7d.: fair
Bengal, 610. to 51d. Metals: The market for all descriptions
is dull. Copper (Chili), £63 10s. to £64 ; English lead, £2O ;
Scotch pig iron, 525., month. Oils : Linseed quiet. 31s. London
Hull, spot; 30s. 3d. last four months. Tallow inactive, but not
lower. 465. last three months: 48s. 6d. sellers.
WEDINBURGH CATTLE MARKET, WEDNESDAY.-There were
larger supplies of sheep at this market to-day, and though
there was only a little alteration in price, they were more diffi-
cult to dell. Prices-Top, 80. per lb. ; current, Bd. per lb. ;
secondary, 6d. to 7d. per lb. The supplies of beef also were
larger. Top, 9s. 3d. per stone ; current, Bs. per stone ; inferior,
7s. to Bs. per stone. Ayrshire cows, £l6 ss. each to £22 10s.
Shorthorns, from £l7 to £2l each.
BOROUGH HOP MARKET, WEDNESDAY.-The supplies of
hops have been moderate. Only a limited business has be
transacted, at about late rates :-Mid and Last Kents, £7
412 123.: Wealds, £6 to £8 ; Sussex, 45 12s. to £6 12s. ; Bava-
rians, £6 es. to £9 ; French, £5 to £6 10s.; Americans, £4 ss.
to 0 ; and yearlings, £llos. to £3los, per cwt.

last wrote, has been the condition of affairs in Europe.
In financial circles especially the excitement has been
great, though the better opinion seems to be that there
will be no war, and that the diplomatists hf the old
country will be able to arrange matters without a resource
to arms. However gold, which closed on Saturday night
at 112 a, opened on Monday morning at 115-1, showing
that some apprehension was felt as to the result of the
Spanish embroglio, and though the price has steadily de-
clined since then, there can be no question that the first
shot fired on the Rhine would- send gold up to a high
figure here, and create a still greater excitement in the
busy haunts of Wall-street. In the end the war could
not fail to be profitable to us, it would stimulate the de-
mand for Western breadstuffs; give renewed vitality to
commercial commerce—which stands sadly in need of
such stimulus—the value of railway stocks would rise in
consequence of the increase in the carrying trade ; and,
lastly, the country would be greatly benefited by the in-
flux of foreign capital, whether for safe investment or the
purchase of produce. These things being Considered, it
may be said that we do not dread the consequences of a
war in Europe except possibly on humanitarian grouncl,9.
But-if the prospect of trouble over the water has brought
joy to some capitalists it has proved none the less a boon
to the newspaper fraternity, always eager for a sensation,
but seldom able to provide so superb a one as has been
dished up to us daily for a week past, during the hot days
of summer. They are making hay while the sun shines,
and in the course of the afternoon many " extras" will be
issued by eyery paper, containing cable despatches, which
though as incomprehensible as the utterances of the fabled
sphynx, are eagerly bought and read, and commented
upon by the busy throng, which fill our down town
streets. The latest telegrams indicate a peaceful settlement
as probable, and announce a rise in French securities,
but as you will have known precisely how the matter
was settled, if et all, long Lef-,re this letter reaches you.
I will not devote more space to its consideration, but
proceed at once to things more properly within my baili-
wick.

On Thursday last the man Sheridan, who killed his wife
some time since because of her adultery with another man,
was convicted of murder, and, though the jury recom-
mended him to mercy, sentenced to be hanged in August
next. This is a harsh sentence, and generally condemned
by the public voice, for though it will doubtless be coin-
muted by the Governor to imprisonment for life or for a
term of years, nevertheless there was a every reason why
the prisoner should have been acquitted. But Sheridan
fell a victim to the indignation created by the result of the
M `Farland trial, and will be made indirectly to pay the
penalty of another's crime. There was no similarity
between the two cases, however, for in the defence, very
ably conducted by Mr. Edwin James, it was shown that
the prisoner had been a good husband and uniformly kind
to his wife, that he had supported her comfortably, and
when in the army during the war had sent her not only
his bounty, but the greater part of his pay, which money
the wretched woman spent in company with het para-
mour. Indeed her conduct was proven to have been
shameful throughout, and had it not been for the fact that
the defence was based upon the hackneyed plea of insanity,
I verily believe the prisoner would have been acquitted ;
but the word insanity in connection with trial kr murder
has an ugly sound nowadays, and therefore, while every
man on the jury probably applauded the deed in his
heart, they brought in the verdict above mentioned, and
Sheridan was sentenced to be hanged. Juries are pro-
verbially stupid, but this one was even more lacking in
acuteness of perception than the average, as you shall see.
About an hour after they had retired the foreman sent a
note to the judge inquiring what would be the effect of a
verdict of guilty with a recommendation to mercy. - The
Court answered that the Governor had power to change
the sentence to imprisonment in the State Prison.
Shortly after the jury returned to the court-room
and rendered a verdict of guilty. The clerk then
proceeded to call the roll, asking, according to
form, "Is that your verdict ?" and all answered in the
affirmative, the fifth adding, "But the jury recommended
him strongly to mercy. The foreman forgot to mention
that." Mr. James then asked for a delay of proceedings,
but the Court refused to grant the motion, and proceeded
to pass sentence on the prisoner. When this was over
Mr. Bradshaw, the fifth juror mentioned, rose and said
that they had understood that it was the foreman of the
jury who could alter the sentence ; that they had stood
stx for a verdict of guilty, with recommendation to
mercy, and six with a verdict of manslaughter in the
third degree ; end that it was on this understanding that
they bad agreed, but they had none of them thought the
sentence would be so severe. Judge Barnard replied
that their finding would compel him and the District-
Attorney, in their official capacities, to recommend a com-
mutation of the sentence, and that therein their wishes
would be carried out, and thereupon the Court adjourned,
leaving the impression upon the mind of the public that
the case had been badly tried, and the prisoner harshly
dealt with.

A most imposing ceremony was the laying of the 'corner
stone of St. Anne's Church on Sunday last. The new
edifice will be erected on Twelfth-street, between the
Third and Fourth Avenues, on the site lately occupied by
a Jewish synagogue, but recently purchased by Father
Preston, the pastor of St. Anne's, his congregation having
greatly outgrown the capacities of the old church in
Eighth-street. The new building will be of far greater
proportions, and will present, when completed, a far more
imposing appearance. Its style of architecture will be
the pure Gothic of the sixteenth century; in size it will
measure 64 by 165 feet. A plain four-story school-house
will be erected in the rear of the church. The procession,
which formed at the old church, appeared on the ground
at about half-past six, and was composed of the Young
Ladies of the Sodality dressed in white, the Young
Men's Immaculate Conception, the Acolytes of St.
Aloysius 4 with candles, censors, and the cross, the priests
in their vestments carrying the holy chrism, and finally
a number of temperance and benevolent societies headed
by the 7th Regiment hand. The old synagogue had been
entirely demolished, with the exception of the wall front-
ing on Twelfth-street, and behind this aplatform hadbeen
erected. The procession on filing in took up their
assigned positions, and the priests and acolytes pro-
ceeded to the raised stand. Of the reverend clergy
there were .present Vicar-General Starrs, Fathers
Preston, Hickie, Morrogh, and Healy, and the Rev.
Dr. M'Sweeney of St. Patrick's Cathedral. There
were also present a number of monks of the order
of St. Francis and St. Dominic, making a total of
about thirty priests. When all had assumed their
places a psalm was chanted, and Father Storrs im-
mediately after proceeded to the south east corner
of the church and commenced to bless the stone, sprink-
ling it with holy water, while the priests and acolytes
sang the Litany of the Saints. A box containing
coins, newspapers, and the usual record on parchment,
giving the names of the President of the United
States and the State Officers, besides a short sketch of
the old St. Anne's, lovas then placed within the stone,
and it was lowered into its place. When this ceremony '
was completed the procession made a circuit of the in-
tended edifice, chanting, and returning to the stone the
View-General preached a short but most impressive
sermon, taking for his text the line from Psalm cxxvi.,
verse 1, " Unless the Lord build the house, they labour
in vain that build it." The discourse was listened to
with devout attention by all within the enclosure,
and by many, hundreds of persons on the house-tops
adjoining. At the close the procession resumed its line of
march, and retraced its steps to the old church in English-
street, where it was dismissed with the pastoral benedic-
tion. Father Preston is an American '.by birth, a gra-
duate of the Trinity College, Hartford, and a convert
from the Episcopal Church. He is a man of great abili-
ties, and destined to play an important part in the history
of the Church in this country. He is universally admired
as a pulpit orator, and deservedly loved by his congrega-
tion as one of the best of men.

Minor matters must be condensed in a final paragraph.
The fight in the Republican ranks over the appointment
of the collector of the port of New York has been settled
by the confirmation of the Hon. Thomas Murphy by the
Senate in an almost unanimous vote. Mr. Grinnell, the
former incumbent, will fill the subordinate post of naval
officer. Local politicians are vastly excited over these
matters, which hardly possess enough interest for your
readers to warrant me in giving them more than the
merest mention. The persecution of the officers of the
so-called Anti-gambling Society is still going on, an im-
mense ainount of testimony has been brought against
them, and they will probably be convicted. The Rev.
William Morely Punshon, the Methodist minister, who

There was a very small attendance at the night resort,
and but little betting took place over the Goodwood Cup.
Sabinus was a warm favourite, 5 to 4 being offered on
him, his opponents standing out for 6 to 4. Siderolite
was the only other horse inquired after, but no definite
business was done, offers of 5 to 2 against him failing to
find takers. Nothing else was backed, 7 to 1 being
offered " bar two."

NATIONAL INSTITUTION for DISEASES
of the SKIN, Gray's-inn-road and Mitre-street. Physi-
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THOMAS ROBINSON, Hon. Sec.

LONDON, THURSDAY, JULY 28, 1870

LORD GRANVILLE need hardly open his lips in
vindication of the course pursued by Her MAJESTY'S
Government throughout the whole of these negotia-
tions. That vindication can be found by those who
care to look for it in bile momentous correspondence
just now- published by order of Her MAJESTY and in
its printed form laid before Parliament. Negotia-
tions more startling in their suddenness could
hardly be conceived by the wildest imagina-
tion. The abrupt rise of the angry contention
between France and Prussia, was, as we remember
expressing it upon the instant, when the Prince of
HOHENZOLLERN'S candidature was. first announced,
like the fall of a thunderbolt from a blue sky. Lord
GRANVILLE had then but just entered upon his
duties at the Foreign Office upon the death of his
late colleague, Lord CLARENDON. He had been con-
gratulated by Mr. OTWAY—on crossing Downing-
street, from No. 13 to No 14, from the
home of the British Colonies to that of
British Diplomacy—upon having nothing of any im-
portance whatever to attend to, upon resuming his
place there at the Foreign Office, weighted with no
especial source of responsibility. Scarcely was that
felicitation uttered, however, scarcely had Lord
GRANVILLE begun to congratulate himself upon the
soothing colour of the situation in regard to England
and her foreign relations, when a telegram from
Mr. LAYARD and a despatch from Lord LYONS,
both dated the sth instant, the one from San Ildefonso,
the other from the British Embassy at Paris, roused
him from his halcyon repose. It is something more
than a crumpled rcse leaf that has awakened him
from the dolce far niente. Earl GRANVILLE finds
that there is a necessity all of a sudden that he should
have all his wits about him, and that there is need
especially to draw upon all his well known and
most ample resources in the way of suavity and
conciliation.

The development of the difficulty may, readily
enough now, be followed out step by step through
the 124 despatches, or telegrams, constituting the
sum total of this wonderfully interesting and, at times,
awfully significant correspondence. First came the
account of the Prince of HOHENZOLLERN'S candida-
ture. The French Minister declaring to our Ambas-
sador at Paris that that candidature would not be
tolerated by the EMPEROR'S Government, invited her
BRITANNIC MAJESTY'S Government to avert, if
possible, impending dangers by their good offices as
mediators. Immediately afterwards, however, came
the Due de GRAMONT'S and M. OLLIVIER'S haughty
declaration in the Corps L6gislatif against Prince
LEOPOLD'S candidature. Through Lord AUGUSTUS
LOFTUS Her MAJESTY'S Government next urge upon
the Prussian Government the danger and imprudence
of that candidature, Lord GILANVILLE'S despatch hav-
ing reference also to the secrecy of the negotiations.
After wards the King of PRUSSIA disclaims all know-
ledge of the negotiations, and all responsibility in

the matter of the candidature. In opposition to
this, the Duc de GRAMONT insists upon his Majesty's
complicity in Prince LEOPOLD'S nomination.
Subsequently follow the interviews between
the KING and M. BENNDETTI at Ems, closed by the
announcement in the North German Gazette of the
KING'S refusal to accord another interview to M
BENEDETTI. Assurances come after this from the
French Government that the neutrality of Belgium
should in any case be respected ; for which assurances
the Duc de GRAMONT is thanked by her Britannic
Majesty's Government. Finally comes the formal
rupture of peace on that fatal day for Europe, the
19th inst.. on which war was declared. M. OLLIVIER'S
last political brochure was entitled " 19th January."
Supposing he were to publish now a pendant to that
" entitled the "19th July!" Lord GRANVILLE, without
needing it, has given to the world his vindication in
this newly-issued Correspondence. There is a grow-
ing sense now that M. OLLIVIER, in his position of
Minister, does need it, and that sorely. Why not,
therefore, give to the world a companion to the
blue-book, a livre jaune, giving to him alio the
chance of something like a self-vindication.