The Sun.
London, England, 1848-08-23 00:00:00

SU N 7 AUGUST 23, 1848.,

NAVAL INTELLIGENCE.

Woomicit, AUGUST 22.—The Royal Victoria and Albert
yacht is expected round from Portsmouth to Woolwich, to
embark her Majesty and Prince Albert at this port about
the Ist of next month, and the Queen and his Royal High-
ness will land at Aberdeen this year, being the nearest port
to her Majesty's Highland residence at Balmoral, adjoining
the forests of Braemar. The embarkation at Woolwich, in-
stead of from the Isle of Wight, will save a night at sea.
The Resistance troop-ship arrived at Quebec on the 28th
of July, with the head-quarters of the 79th Regiment of
Cameron Highlanders on board, under the command of
Lieutenant-Colonel the Honourable Lauderdale Maule, from
Gibraltar. The corps is a fine body of men, 550 rank and
tile, the age of the men averaging 25 years; and a draft from
the depot will shortly join at Quebec. The 79th relieves
the 93d regiment of 'Sutherland Highlanders, and the latter
embarked in the Resistance, homeward bound, on the Ist of
August, and sailed on the same evening for Portsmouth.
The strength of the 93d is 2 field officers, 4 captains, 6
subalterns, 3 on the staff, 30 sergeants, 23 corporals, 7 drum.
mers, and 378 privates, under the command of Lieut.-Colonel
Spark ; 72 women and 90 children accompany the regiment.
The magistrates of Quebec, previous to the departure of the
corps, presented a very highly complimentary address to the
officers and men, approving of the assistance they at all times
received from them, and the remarkably good conduct of the
men during the time they were stationed in Quebec. Lieut.-
Colonel Spark returned thanks.
APPOINTMENTS.
Surgeons—John Ardah, to be agent at sick quarters, Lough
Swilly ; Richard Carpenter, to the Trincomalee, corvette, in
the West Indies, vice Lambert.
Mate—Geotge Grey. to the Raleigh 50-gun frigate, bearing
the pendant of Commodore Sir Thomas Herbert, K.C.8., in
the River Plata.
Gunner—Thomas Winwood, to the Excellent at Ports-
mouth.
Engineer—Henry Blunden (3d class assistant),to the Rha-
damantlius steam-troop-ship, on the Irish station.
Midshipmen—J. B. Mitchell and A. D. None, to the Spy
brigantine at Chatham, for the coast of Africa station ;
Arthur Morrell, Charles Armytage, M. Bertie, and Edward
3. Squire, to the Southampton, 50, fitting out for the Cape of
Good Hope, at Chatham ; J. B. Butler and F. T. Bramley,
to the Vincent, 120, flag -ship of Sir Charles Napier, at Cork ;
F. H. Smith, to the Raleigh.
Naval Cadets —E. A. Stubbs, C. H. Williams, and H. C.
Lloyd, to the Southampton ; A. Curwen, to- the Home, 120
guns, in the Mediterranean ; E. Tonge and C. D. Davies, to
the Stromboli steam-sloop, at Cork.
A large number of volunteers for the Southampton frigate
arrived at Chatham, from the Southern and Western ren-
dezvous on Sunday.
The Princess Charlotte, 104 guns, is ordered to be taken
into dock at Portsmouth, and repaired immediately. It is
reported she is to be fitted with a screw-propeller, without
being cut down.
Rear-Admiral Sir Charles Napier, K.C.8., having arrived
at Cork from Kingstown in the Stromboli steam sloop on
the 19th, and hoisted his flag on board the St. Vincent, 120,
was waiting the arrival of the Tweed, 18, from Waterford,
and the Pilot, 14, from Youghal. It was expected that they
would join him on the 20th ; and on the 21st he was to pro-
ceed with the St. Vincent, 120; Prince Regent, 90; Belle-
rophon, 78 ; Tweed, 18 ; Helena, 16 ; Frolic, 16; Pilot, 12 ;
Amphion, 34, screw steam-frigate; Stromboli steam-sloop;
and Lucifer steam-vessel; on a cruise ten degrees south-west
of Cape Clear, to try rate of sailing. After trying the sloops,
he was to dispatch them to their respective destinations, and
return to Spithead after a fortnight's absence, and wait fur-
ther orders. The Recruit, 8, screw-schooner, it was expected,
would follow the squadron. She had been delayed in having
to set up her rigging afresh.
The Dauntless screw frigate has been taken alongside the
Blake hulk at Portsmouth, and had her sails bent. She was
to have gone out yesterday to try her engines and speed,
ander the temporary charge of Commander Stevens, of the
Blenheim. If the Dauntless is found to answer, she will be
forthwith coppered and fitted for commission. When brought
into dock the other day she had no less than three different
tog lines wound round her screw.
The Tortoise guard-ship and depot, Captain Hulton, at the
Island of Ascension, is coming to England, having sustained
serious damage by the fires that have on three occasions
taken place on board by the spontaneous ignition of the

coal.
The Hermes steam-sloop is ordered from Devonport to
Portsmouth to embark supernumeraries, parcels, &e., for the
ships and vessels of Sir Charles Napier's exercising squa-
dron, whom she will put on board before that force sails
from Cork.
THE COMMAND AT PORTSMOUTII.-Admiral of the Blue,
Sir Thomas Capel, K.C.8., is nominated to succeed Admiral
Sir C. Ogle in the chief command at the above station, and
we are informed is accepted by her Majesty to fill that post.
sir Thomas and Lady Capel will visit Portsmouth on
Tuesday next, to look round the establishment and make a
few preliminary arrangements. The let of October is the
day named for the blue flag to supersede the ted one at the
mast-head of the Victory, the established flag-ship for
Portsmouth.

STEAM ON TURNPIKE ROADS.
TO THE EDITOR OF THE SUN.
REsrEcrEn Fnittrfp,—l observe in your paper of the 16th
instant, a letter signed by " C. 'Weeks, Civil Engineer," in
which he intimates (alluding to a letter of mine that previously
appeared in your journal) that it wouldhave been desirable if
I had stated details, so as to have enabled persons to form a
mr
vees,
more
rcorrectt
eopinion r obfg
et h. e r oln rbe
ply, pseurenclei
ts
noef
tSoiroi.l,
sae
that as it is probable in a few weeks an actual trial will be
male, this will be better than the most elaborate description
of details, or the most perfect theoretical deductions. I will,
therefore, only add, that I consider, one of _the greatest and
most important improvements made by Sir J. Anderson is
the fact of having adopted oscillating cylinders. C. W.,
however, in the absence of the desired information, and with-
out knowing how far Sir J. Anderson's improvements were
likely to meet his views as to what he considered essential to
success, nevertheless affirms that Sir J. Anderson has not
accomplished, these objects; upon what data he founds his
conclusions lamat a loss to conjecture. C. W. further con-
tends
that it is most important to reduce the friction in the
engine rather than on the surface of the road ; but in this I
u on and consequent
cause of
clonccoastseind, it is most im-
portantfriction on t
of rails and tramway sufficiently proves. C. W.
sit, road, which the past experience
locomotive railways, which
strong doubts, for reasons which it is not needful now to
ot or ehbdeeaugscue
surface
plan
theeee
otcffoi totitrihl
state. But what appears to me extraordinary is, that
he thinks may succeed, of which I entertain very
C. W. seems to overlook the most important part of my
former observations, viz., the circumstance of laying on the
middle or side of the road timber or other tracks which
would render unnecessary an extraordinary attention to
springs, &c. In order to enable him and your readers to
form some opinion thereon, permit me briefly to explain the
mode of construction I should propose if timber-tracks were
determined upon. Wood-paving has hitherto been unsuc-
cessful principally on account of a want of a sufficiently
firm base to prevent the blocks sinking below each other, to
remedy which I propose to construct angular troughs 15, to
18 feet long, with planking two inches thick, say 18 inches
wide at the top, and nine inches deep in the middle, and
then to fill the interior with suitable angular blocks, the
upper surface of these blocks to be the end way of the
grain, and the wood, which may be either beech or elm—the
former would perhaps be the best—the blocks may be cut so
as to avoid waste of material. These tracks I apprehend may
be made fit for laying down complete at from 3s. to 43.
m.
mimorme"the that[
eh
aan
iron.
preventh
. o a thethe possibility
Edinburgh o f an
per yard run—these tracks to be embedded in and flush with
the surface of the road, with proper concrete,`, which would
aborenderut 3t
unequal surface. On such tracks as these 1 estimate the
traction or friction not to exceed 12Ibs. per ton, which is
Dalkeith Railway, which was for many years worked by
horses, the allowance for one horse was to draw forty pas-
sengers at ten miles per hour.
d 1, therefore, imagine that on these tracks one horse would
raw at least thirty passengers
at the same speed; thus
allowing that Telford and Sir H. Parnel were correct in
stating that on a rail or perfect track on the surface of the
road,r same undulating, one horse would draw as much as
fire or six : and, consequently,
as far as regards horse-power,
the usual charge of 2d. and 3d. per mile made by coaches on
turnpike.roads, might be reduced to one halfpenny and
three farthings per mile, and still afford a reasonable profit.
Bat with steam-power the profit would be large indeed, which
the following statement will exhibit. I estimate Sir James
Anderson's engine to be equal, at moderate working, to eight
horses, and therefore it will be fully equal (even without
tracks) to convey, on such a road as from Hyde-park to
Hounslow (ten miles), at least forty passengers. But let us
imagine the tracks laid, and the engine (though capable of
drawing three times the number) yet confine it to 40 each
trip, and that it makes 10 trips per day, the account would
stand thus :
a respectfullyl
ludes t

.. ... £lO 0 0

MONEY and COMMERCIAL NEWS.
CITY, OVAR7'I,77I' 7'o THREE.

There was a heavy market for Cotton at Liverpool yes-
terday. Sales 3,500 bales. American sorts realised 3%d. to
b3Ad. per lb.
In Railway Shares a fair business was done, and the
market was steady. An improvement took place in Midland.
In grain there has been a steady business done to-day at
Monday's prices.
The state of uneasiness felt at Paris for some days past,
and the extraordinary disclosures made in the report of the
Committee upon the insurrection, is represented in private
letters from ranee as having an exceedingly irjurieus in-
fluence upon credit, and as retarding materially the indica-
tions of improvement which were previously observable
in many quarters. The finances of the Government,
any more than those of individuals, cannot be ex-
pected to prosper under such circumstances, and it
is obviously nothing but the improved political
aspect of affairs, and the cordial understanding with Eng-
land, that causes the French funds to be as well supported
as they are. The value of an alliance between the two
nations is appreciated likewise on this side of the Channel,
and in despite of the many unfavourable circumstances that
exist, has served to buoy up the money market.
The foreign exchanges were not yesterday afternoon
supported at the previous rates, less being given
for the pound sterling, except upon Paris. The
decline, no doubt, is partially the result of operations
commenced in the corn trade for importations from abroad,
which, under any circumstances, will be needed, and there is
much interest to be attached to the consideration of how far
our wants will extend. As yet, the bullion reserves of the
Bank have been very little reduced, the quantity of specie
received from North and South America, and various other
places having furnished a portion of the amount exported, and
the further arrival of half a million sterling from Russia, has
likewise proved a seasonable aid.
From the currency debate of last night there is not mach
to be gleaned, as our merchants and capitalists appear to
conceive, except that the advocates of restriction. are as ob-
stinate as before, and that to obtain any modification of the
Act, a decided and general expression of opinion in trading
circles will be necessary to induce any action on the part of
the Legislature.
It may be useful to remind parties interested that the
next Paris and Lyons Railway call will be due on
the sth of October, and that from that date to October 1849,
250 francs per share will have to be paid.
The English Funds have been firmer to-day, but there has
been very little business doing. Consols have been 86 to
8648 for Transfer, and 86 to 8614 for Account. Exchequer-
bills of June have realised 225. to 255. premium. Bank Stock
is 196 to 1971,8
The Foreign Investments are exceeding heavy. Mexican
bonds have been 16% to 16%, and Brazilian 72. Dutch
Two-and-a-Half per Cents. have been 44 to lA.
Railway Shares are rather better on the whole than they
were yesterday. Caledonian have been flatter, however, at
22N to 231 ; and Great Southern and Western of Ireland
are not so good. Great Western are higher, and also Mid-
land,North-British, and South-Western. Brighton and North-
Western are much the same.

ONE
'lttcys OF BRITISH FUNDS. O'CLOCK
Bank Stock 196 197%
3 per Cent. Reduced Anne B6', %
3 per Cent. Consols Annuities B6 66%
New 3U per Cent. Anna.--• 66704
Gong Anna. to expire Jan.1860
Ditto 30 years, Jan. 5, 1860 8 9-16
India Stock —
India Bonds, 1,0004
Ditto under 1,0001.........._..: 24 p
Console for Account 66%14 86
Exchequer Bills. 2%d. & 2d.
1,0001. March 3l p
1,000/. June 25 22 p
5001. June
Small, March .. 29 p
riticis OF FOREIGN FUNDS. ONE CLOSIN la
01C L OCK. PRICES.
Brazilian Bonds ••»•• 72 72
Mexican, 5 per Cent. 1846 16% % 16%
Portuguese 5 per Cents. — _
Ditto, 4 per Cent. — 18%
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent ..... ......„
Venezuela Bonds, 21A4 per Cent — 15%
Dividends on the above payable in London.
Belgian 4% per Cant ... 70
Dutch 2% per Cent., 12 Gui1d....... 44 44% 44%
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 1934
Amber. Nott., Boston,
and Eastern Junction VA..... %
Ayrshire and Galloway.. 2% —
Belfast & County Down 16
Birmingham and Ox-
ford Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10
Birming„Wolverh'pton,
and Stour Valley 13/. 145... . •••
Birkenhead, Lancashire,
and Cheshire June.— 10
Boston, Stamfd & Birm. 5
Bristol and Exeter B5
Ditto, Thirds ... ..... 25
buckinghanirhire... 14/. 4s.
Caledonian
Ditto, Balt htlares .. tq,:i —
Do. New 101. Pref..... 2%..... 234
Di t t,0,C13-desdale J unc 50
Chester and Holyhead... 47% —
Ditto,;Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2J Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 30 ......
Dundalk & Enniskillen 20 .....•
East Anglia, 25/, L &
E. and L. and D...... 25 --5 M
Do., 18/., E. & 1.1.... 18
Do., 3/. lOs
Eastern Counties
Do. New Guaranteed
6 per Cent. ....- .... 5
Ditto, Extension,s per
Cent., No. 1 -6/. 13s. 4d....
Ditto ditto, No. 2...61. 13e. 4d... par 1/9 dig

CLOSING
PRICES.
197%
864
86s

864:i
8%
8 9-16
233
24 p
24 p
86

31 p
22 p
28 p
29 p

22%

-
234

51A
14%

Do. North. & Eastern 50
Do., 5 per cent.
Do. Quarters
Do. New
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 1
Ditto, Class B (I. &
and B.) 2O
Ditto, Class C, ditto... 17%.
I>o. Scrip (6 percent.) 10
Ditto, ditto
Ditto (C. & E.) guar.
5 per cent............ 2% .
East Lancashire
Ditto, New
Ditto, New Quarters 614 ......
Do., 6 per Cent. Pre-
ference Quarters
East Lincolnshire ...... 23
Edinburgh and Glasgow 50 ..- —
Ditto, Half Shares ... 15 .. ..
Ditto, Quarter Shares 12%......
Edinburgh and Northern 25
Ditto, New.. 6% — ......... ....-
Ditto, Newport l3
Ditto, ditto, New 3N. ....
Exeter,Yeovil, & Dorch. 2-X3 —
Ditto, New
Glasgow, Dumfries, and
Carlisle ..... ..... -V. 6s. 8d....
Glasgow,Kilmar., & Ayr 50
Ditto, New ... ..... .... 40 -
Do. Preference Consol. 15 • ....... • •••
Great Northern
Do., London and York 2% ......
;rent South. and West
(Ireland) - 231. VAL 23,4
Great North of England.loo ... •
--
Ditto, New, 40/......... 15
Ditto, New, 30/......... 30
Ditto, New4lsl•
Great Western 9O ... .. 84 ......... "'••Ditto, % Shares 5O ......
Ditto, % Shares
Ditto, Fifths 2O
Ditto, New 171........ 13 ... .. 10%
Iludderstielil and blanch. 28
Ditto, Thirds
II ull and Selby .. ...... 50 ......
Ditto, Half Shares ... 25 .....•
Ditto, % Shares
Lancaster and Carlisle 5O ......
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto
Ditto, 1,4 Shares ..... 43 ... ..
Do. Quarter Shares... 17% —
Do. Fifths... ... 9
Do. Sixteenths 6 4 ......
Do. Thirds (Reg.)
Do. New,Gua. 6 per ct 2%..•••• •••
Do. Liverp. and Bury 43 ......
Ditto 1,4 (late Hud-
dersfield and Sher.) 38

.....
5%

6234

7113

Do.(Wakefield,Ponte:
tract, and Goole) ... 50 — ...............
Do.( W. Riding Union) 6 •• ••• —.....••••-• •• --
Do. (Preston & Wyre) 25 — .••
914 93
"• ............ --
Leeds and Bradford 5O ...... ..- .. ............
Leeds, Dewsbury, &c 5O . ..... ................
.. ....
Do.,alf Shares
il
Do.. (blue) Scrip 21,4... .. ........... ...
. -•-•
Leeds and Thirsk ....•• 50 ......
. ........
..... .....
Ditto, New ......
Do., Prefer., 6 per Ct 31,1i... .•
Liverpool, Crosby and
Southport . ...........
Li verp., Alanchester, and
Newcastle Junction... 21,..,......
London &Blackwall...l3/. 68.8 d....
Do. Extension ..... ... 221/i ... .. ~,..
London, Brighton, anti
South C0act......... 50
Do.Guarant. 5 per ct.., 9 ...„
Do. Pref. Con. 5 per ct. 50 .. ~. ..
Ditto, ditt0...... 1652 50
Ditto, New 51., guar.
6 per cent.
London audGreenwich 12/15s 4d... ...
...... ••••••
Ditto, Preference... 18/ 178 2d...

London and N. We,tern 100 .. _113% 115 x.d...115%x.d
Do. Quarters LL. & B.) 22
Ditto, New
Ditto, Fifths ..... .. .. 2 , —
... •
Do. 40/.Shares(L.M.) 25
.....
Do. 101. (M. & B.) A. 9
Do. 101. (M. & B.) B. 9
...••• .• ......
Do. 101. (M. & B.) C. 1
Loud. &S. Western
Do. Now 501. ... ..... 42%..
•• ..........
Do. New 401

-
7

401,