The Sun.
London, England, 1860-10-16 00:00:00

correct a passage in our account of the battle at Puketa-
kauerc, which was founded on imperfect information, to the
effect that the Maories on that occasion stood the bayo-
net charge of the soldiers of the 40th Regi-
ment. The most reliable information contradicts this
statement. On the occasion of the advance of the sol-
diers and blue jackets to the charge, the natives re-
mained in cover, till our men were within 20 yards of them,
and then discharging their double barrelled guns turned
about and ran. An officer, to whom a shower of bullets is
no novelty, states in lively language—" I have seen fellows
cut and run before, but never as these did ; they leapt like
kangaroos ever the tutu and fern." To this hour it is im-
possible to give a trustworthy estimate of their loss ; and
it will probably ever remain so. It may bo observed that
the native accounts, even from the most thoroughly loyal,
must be taken with allowance for the feeling of fellowship
in race; every man must (naturally take pride in the
skill of those of his own blood. Our less was exaggerated
by the Maories, and doubtless they make the least of theirs.
The troops were engaged for two hours and more, firing on
the enemy at no great distance, and a short delay in the
arrival of succour from W. Kingi, would probably have put
our men in possession of the pah. The artillery practice
seems to have been unpleasantly warm, and there was an
evident inclination to evacuate the position entirely. From
these circumstances, and remembering the deadly discharge
of canister into a claster of them, the reader must form his
judgment. The only part of the British force which was
at all disordered was the party of the Grenadier Company
under Lieut. Brooke, who were greatly outnumbered, and
scattered in swampy ground under a galling fire from the
heights and scrub around them.

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.
The Foreign and Colonial Produce Markets have
been rather inactive during the last few days, and,
except for tallow, which has exhibited considerable
fluctuation owing to the extensive speculative trans-
actions, prices have not varied to any important
extent. In tea the dealings have been limited, as
both buyers and sellers have deferred their opera-
tions until the arrival of advices by the overland
mail, and which are expected to influence prices at
the public sales which commence to-day. Sugars
have been in moderate demand, at former rates.
For coffee the inquiry have been on a limited
scale, the chief feature to notice being
the deficiency in the stock,—viz., 3,600
tons compared with that of the same period
of last year. Rice has been in better demand, and
there has been more inquiry for fruit and spices.
The public sales of indigo have proceeded without
any material alteration in the rates realised at the
commencement of the series. The tallow market
has been very excited, the advance, owing to specu-
lative transactions, amounting at one time to ss.
per cwt. A slight reaction, however, has since
taken place, owing to the large increase in the
stocks by recent importations.
In the Liverpool Cotton Market, yesterday, busi
ness was moderately active, and prices were firm:
The sales amounted to about 10,000 bales.
There were no withdrawals of gold from the
Bank of England yesterday.
An instalment of 8 per sent. is due to•day on the
Canadian Loan of £2,800,000.
It appears by the latest advices from Australia
that the following gold ships had left for this
country, viz.: the Ottawa, with £91,420; the
Swiftsure, with £282,490; and the Water Nymph,
with £321,800.
The traffic receipts of the Great Western Rail-
way of Canada for the week ending the 28th ult.
exhibit an increase of £3,281 compared with the
same period in 1859.

Should the New Grenadian Bondholders, at the
meeting to-morrow, reject the proposition made
by the Government for the settlement of the debt,

the Spanish American Committee will introduce
another basis of arrangement, and, if the latter be
adopted, a further delay will arise from its trans-

mission to the republic for approval. Both projects
are now before the public. The Government pro-
pose a conversion of the Active and Deferred
Bonds, with the arrears of dividend, into Active
Stock, bearing 2 per cent. interest, for the
payment of which an offer is made of 25 per
Cent. of the import duties, the moiety of the
revenue derived from the Panama and,Coln Railway
received by the Government; and, lastly, the re-
venue obtained from the leasiag of certain silver
and emerald mines. The committee agree to a
conversion as above, but require the assignment of
25 per cent. of the custom duties until 1866, and

37-1 from that date until the complete redemption
of the debt, and also that certificates shall be given

to the bondholders to receive waste lands of the e
Confederation, viz., about 50 acres for every £lOO

of Active, and about 37} acres for each £lOO

Deferred Bond.

The transactions in the market for Pablic Securi-

ties to-day have been limited, the speculators not sic
being disposed to continue operations for a decline st
upon a large scale after the depreciation which ate
has already occurred. Continued heaviness, how- sAttc,
ever, is perceptible, Consols being 92& I for money, stc
and 92! 1 for the account. The New 3 per stc
Cents. and the Reduced Annuities are heavy at :lc
; India Loan is at 1031 ; ditto 51 per Cent. eta
Enfaced Paper is firm at 1021, ; and Exchequer "
Bills are par to 3s. prem. eta
Rather more activity has prevailed in the Foreign 28. stc
Stock Market, and prices generally are depressed.
Turkish 6 per Cents. have receded to 691 705, ditto
New to 541 55, but the 4 per Cents, are firm at
102 ; Russian 3 per Cents. are heavy at 631, Sardi-
nian at 86, and Portuguese at 43; ; Venezuelan 3
per Cents. have improved to 24, but the 1i per s
Cents, have declined to 111.
The Ocean Marine Insurance Shares are
prem. ; the Thames and Mersey, 4 1 prem. ; and
the Universal, f, d prem.
Business in the Railway Share Market has been s
rather dull, and prices generally have exhibited s
symptoms of depression in sympathy with Consols. 0
Eastern Counties, Great Westerns, and Lancashire
and. Yorkshire have declined ss. ; Great Northern,
North Western, South Western, and North
Eastern (Berwick) 108. Midland have advanced
55., and South Eastern 10i.
In the Foreign and Colonial Markets rather
more firmness has been apparent. South Austrian
and Lombardo-Venetian have risen to 111 ;
Grand Trunk of Canada to 27 and 271; and Great
Western of Canada to 131 I.
Joint Stock Bank and Miscellaneous Shares have
continued in limited request, without any material
change in vale. Union of London realised 251; s,
Bank of London, 631 64* ; and Red Sea Tele-
graph, 174.

BRITISH FUNDS—ONE O'CLOCK.
1 per Cent. Reduced Annuities 9l/ I
3 per Cont. Consols Annuities
New 3 per Cent. Annuities
India Stock i•
1031 3
Ditto Enfaced Paper, 4 per Cent .---
Ditto 5t per Cent lo2a
Ditto Debentures, 1858 —
Ditto, 1859
Ditto Bonds £l,OOO par
Consols for Account, Nov. S
Exchequer Bills, £l,O00, lid
D tto
Ditto: Small
Sardinian
rßiarerDandzeilttipl'mlttitoa
n6FspoepirCEelenGet
Cent
N7FOUNDS—ONE O'CLOCK.
upttoueDDDlxis.iii:uttteatitit;44l
per
rr
Cent. 1560
11885608
S 7/
88 n
:_piDDaTiiitit::ooiiiac—
-221
.. 43/
1 ipelva
re r a
n:Ceet
ear
Deferred
e:184 59 '
per Cent... ..
Ditto63l
86
per Ceetnretne..,t...B:s.6. . ,:. and '9. 431
40
40/
Turkish. 6
per
co . .t ......
.. 70 i
per Cent. —
r
DpiatttooDAltcycpiodeunernetdes3lo.t ....... .a.b.o.ve. i..n.
L-2151 0052 i i 4d130-in.2i 31
NNA:AG
sz Portuguese
Account
Amount
eic.oooppprnecent
ertnct
.e
Cent..
2,18x535. t
II . .. .............. --4
Consols, M TWO O'CLOCK.
oney ..
Ditto Account ................ 92a 921
::::„ .......... 921 92&

MR. SHERIDAN KNONVLES.—A writer in a con•
temporary says that this gentleman was not on board the
ill-fated steamer Arctic. He is at present living with a
friend at Torquay. We hope the above information may
turn out correct.
COLLECTIONS IN CHURCH.—The following an- S'
alysis of a collection made on Sunday last at one of the
east•end churches may not be uninteresting :—Tho highest
coins were half-crowns, of which there were six; 1 florin, at,
38 shillings, 61 sixpences, 1 half franc, 14 fourpennies, 14 sti
thieepennies, 48 pence, 50 halfpence, and 10 farthings. stl
Total number of coins, 243, value £5 Os. 41d. The object sti
of the collection was the Local District Visiting Society for L
relloyin the poor during the vfmtfir Ea9uths. • 94