The Sun.
London, England, 1860-10-05 00:00:00

THE STATE OF ROME.

A letter from Rome, datelpe 27th of Septem.
ber, says :
• -

"The situation is becoming daily more serious.
The revolution is at Monterosi, in the. Comarca, 25
miles only from Rome, on the road to Viterbo.
"The whole of Sabine has proclaimed Victor
Emmanuel. Tivoli itself, which is 18 miles from
Rome, is anxious to overthrow the Papal Govern.

"Of the provinces which remain to the Pope,
Rome and Comarca have 326,504 inhabitants
Civita Vecchia, 20,704 ; Velletri, 62,013; and Frosi-
none, 153,569 ; a total of 560,867 inhabitants.
"The Piedmontese have deprived him of the
Marches, Umbria, and the province of Viterbo.
The population of the Marches is 924,055, of
Umbria 472,639, and of Viterbo 129,372 inhabi-
tants. Thus 1,526,019 inhabitants have been with-
drawn from the temporal sway of the Pope.
" The revolutionary party are convinced that the
Piedmontese will enter Rome, and have prepared
large quantities of tricoloured no.kates and flags.
They Imyo wycil urciered a statue of Victor Em-
manuel.

" SEPT. 29, 10 P.M.

" The French Ambassador has had another audi-
ence of the Holy Father, and handed him a despatch
from his Government; I believe the news from
Paris has led to a modification of the Pope's allocu-
tion.

"Detachments of Papal and French gendarmes
have left this morning for Ponte•Mamolo and
Ponte-Salara. The greatest distance is five miles
from Rome.

"A revolutionary movement is announced al
Subiaco, Riofredde, and Arsoli."

The Arai de la Religion has the following:—

"We have received the text of the allocution
pronounced by the Holy Father in the Consistory
of the 28th September. Our number of this day's
date, which, contained that document, was going to
press when an intervention of the Minister of the
Interior placed us under the necessity of stopping
its publication."

A communication from Rome says :—" A great
sensation has lately been caused here by the arrest
of M. Berardi, brother of the prelate, who is Secre-
tary to the Cardinal Antonelli. Between the pre-
late and his brother the greatest affection existed,
and the former, thinking that the latter was like
himself devoted to the Pope, communicated to him
State secrets and diplomatic correspondence ; but
the brother, either from his convictions being dif-
ferent, or from having been bribed, communicated
(it is alleged) to Garibaldi and the Piedmontese
Cabinet all that he knew likely to interest them.
It was from what he said that the Sardinian Cabinet
learned, among other things, the plans of General
de Lamoriciere, one of which was to effect a junc-
tion with the Neapolitan troops. The Pope was
informed of his treason by the French Court, and
he personally gave orders to Mgr. de Merode to
have the younger Berardi arrested and prosecuted.
Mgr. Berardi threw himself at the Pope's feet to
implore his brother's pardon, but his Holiness was
inflexible."

THE CAPITULATION OF ANCONA.

The Piedinontese Gazette publishes the text o
the capitulation of Ancona, which is as follows :

Convention on the capitulation of Ancona, agreed upon
by the undersigned commissioners by order of H. E.
General Fanti, Commander -in-Chief of the forces of H. M.
the King of Sardinia in the Marches and Umbria, and by
order of H. E. General de Lamoriciere, Commander-in-
Chief of the Pontifical troops.
Art. I.—The place of Ancona, with its whole armament,
stores and powder, clothing, provisions, coal, vessels of war,
public coffers, horses, carts, and whatever belongs to the
Government, both of the civil and military branches of the
land or sea-service,shall be immediately delivered to the land
and sea forces of H. M. the King of Sardinia.
Art. 2.—The land forces of H.M. the King of Sardinia
shall immediately occupy the fortress and entrenched
camp; the outworks of the Cardaettdo and
gt
alunetteesPia, e a
fano ; the fort of the Capuchins, and
and Farina. The mole and gates of the mole shall bo given
up to the royal navy.
Art. 3.—The contracting parties shall appoint a mixed
commission, each composed of an officer of Artillery, one of
Engineers, and another of the Navy, and an official of the
Military Intendance, to deliver and receive respectively,
makinc, an inventory of whatever belongs to the Govern-
ment in the place and its dependencies.
Art. 4.—The whole garrison of the place of Ancona, in-
eluding all the military functionaries, shall march out with
the honours of war from the Pia gate in the direction of the
Torretta, there constituting themselves prisoners of war.
Art. s.—The troops composing the garrison shall march
out successively by battalions or special corps of cavalry
and artillery united, at intervals of half an hour each.
Oct. 6.—On the arrival of the various detachments at
the Torretta, the military honours being received, they
shall lay down their arms, and bo marched without them
to Val di Tesi, whence they shall proceed to Piedmont. The
officers, on defiling before his Majesty's troops, shall offer
their swords to the commander, who shall invite them to
keep them. The officers shall embark on board a steamer
of the State, and be taken to Genoa ; the soldiers shall
continuo by land to Alessandria. H. E. General Fanti
gives his word of honour that he will exercise all
his influence with the Government in order that the
capitulating troops, on arriving at Genoa and Ales -
sandria, may immediately be sent to their respective coun-
tries, on condition that the officers give their word of honour
that they will not, for I he space of ono year, fight against the
troops of his Majesty. All the officers shall be allowed to
take with them their baggage and horses, being their private
property, according to their rank.
Art. 7.—The administrative, i eligious, and sanitary offi-
cials, as well as those of the post-office and telegraphs,
shall
be considered as having the rank of officers.
Art. B.—The wounded shall be loft lit Ancona under the
guarantee of his il,,tajt)Sty'S cteyernment ; those among Oaelll

(From Correspondent of the Times.)
TURIN, OCT. 2.
Grouse are unknown in Italy, and " birds" are
scarce. The Italians are no very keen sportsmen,
except in earlyyouth, and only Kings preserve game.
Nevertheless, a convocation of Parliament on the
2d of October falls very hard on hon. members.
It is the heyday of the vintage season; and, in spite
of the grape disease, the hailstorms, and the rain-
torrents, there are still some fine bunches ripening in
the sun here and there, on the hills of Asti and
Montferrat, on the slopes of Scandiano, near
Reggio, and on the volcanic grounds about Monte-
pulciano—a region growing the "King of Wines."
If there be a time set apart for villeggiatura in Italy,
it is this mellow fall of the year between the
middle of September and the 11th of November,
when the land is fresh and bright, if not so
sweet as in April, and when " there is fruit to
eat." Few are the Italians, even the lower ranks,
who have not a few rods of a vigna to resort to—
hardly one who is not -welcome to the vigna of a
friend. Count Cavour waited till every man had
donned his fustian jacket and straw hat, and laid
him down in the shade of his own fig-tree, and lo !
he summoned 360 gentlemen of the Lower, and
half as many as the Upper House, to " hear a com-
munication from Government" in the halls of the
Carignano and Madama Palaces, in this howling
wilderness of summer-depopulated Turin.
It is beautiful to see how the call was attended
to under such trying circumstances. Last evening
that notable club with open doors called the Caffe
Fiorio was swarming with Tuscan deputies, whose
talkative faculties were by no means impaired by
four-and-twenty hours' journey by wheels and rail.
This morning the mob under the porticoes between
the said caffe and the Caffe Dilej is made up of
honourables from remotest Lombard and Emilian
provinces. They have all come ; several of them,
who have left vast palaces on the Lake of Como or
the shore of Montenero, hare gone all night a-beg-
ging for quarters, no matter how mean, in the choke-
full caravanserais of this unaccommodating sub-
Alpine capital. They are all come.
The sitting of the House of Deputies was opened
at 1 o'clock, under the presidency of M. Lanza. The
members present were more numerous than they
were on a former occasion ; the galleries, not ex-
cepting the Diplomatic Tribune, where Sir James
Hudson attended, were crowded to suffocation.
A sudden commotion arose on Admiral Persano
walking across the floor of the House. The whole
Chamber, members, spectators, and even Ministers,
broke into a thundering applause. It was by this
demonstration that his countrymen requited the
Admiral's gallant conduct before Ancona. Some
sensation of a different nature was also created by
the circumstance that the oath was administered to
the new DoratY Avezzana, a Mazzinian, formerly
Min;acer of War of the Roman Republic, and leader
of that unfortunate Republican movement of Genoa
of April, 1819, which was so nearly fatal to the
liberties of Piedmont. Avezzana was for many
years an exile in New York. After the fulfilment
of various formalities Count Cavour read his Mes-
sage, conceived in the form of a declaration to a
Bill laid upon the table for the discussion of the
House.
The Bill is thus conceived :
" The King's Government is authorised to accept and to
establish by Royal decrees the annexation to the State of
all those provinces of Central and Southern Italy, which
freely, by the direct universal suffrage, may express the
will of the population to be an integrant part of our consti-
tutional Monarchy."
I had only taken notes of the Message, read with
a clear ringing voice by Count Cavour; but as
it appeared in print in the course of the afternoon,
I thought it so important a document that I send
you a complete translation of the whole
Gentlemen,--
"Three months ago, before the last adjournment, Parlia-
ment granted to the King's Government the supplies re-
quired to provide for the necessities of the State and for the

promotion of the further progress of the national cause.
"When the two Houses almost unanimously voted a loan
sufficient not only for present need, but also for less press-
ing contingencies, they not only strengthened the public
treasury, but infused into the Ministers that moral force
which in tempestuous times is no less indispensable than
pecuniary subsidies to enable them to carry on the Govern-
ment of a free people.

" By this efficacious support the King's Government had
it in their power to follow up the fortunes of Italy, and to
accomplish daring enterprises which will leave a deep
im-
pression in the history of our national regeneration.
" The military preparations, pursued with activity, not-
withstanding the great outlay they bring with them, con-
tributed to cause the principle of non-intervention to be re•
spected in Italy—a principle solemnly proclaimed by the
Emperor Napoleon at Villafranca, and held up by the
British Government, as suiting at the same time our rigbta
and the true interests of Europe.
"These military preparatiOns at the same time placed UN
in a position rapidly to free the Marches and Umbria from
the iron yoke of foreign hirelings, without too dangerously
abandoning the defence of our own frontiers.

"If we look at the results obtained in so short a space of
time, we feel confident that the Ministers have corre-
sponded to the confidence of the King and the nation. At
the opening of the present session the representatives of
eleven millions of Italians assembled round the monarch by
them unanimously proclaimed. Six months have scarcely
elapsed, and already eleven more millions of Italians have
broken their chains, and have become free to choose that
government Which they may deem more suitable to their
own wishes and interests.
" The Ministers are far indeed from attributing to them-
selves exclusively the merit of such wonderful events. They
do not deny—nay, they loudly avow, that so prodigious a
change is especially to be ascribed to the initiative of the
popular mind. For what concerns Naples and Sicily it is
doubtless due to the generous co-operation of the Volun-
teers, and, more than to any other cause, to the high-souled
daring of their illustrious leader, General Garibaldi.
" The Ministers only venture to observe that these memo-
rable events were the necessary consequence of the policy
formerly initiated by Charles Albert, and followed for 12
years by the Government of the present Sovereign. Had
that policy been set aside, or had its ruling principles been
changed or altered, the above-mentioned causes would
certainly have proved powerless to accomplish the deliver-
ance of so large a part of Italy.
" If the Ministers, therefore, deemed it their duty to
hasten the convocation of Parliament at this unusual period
of the year, it was not because their faith in the efficacy of
these principles was at all shaken. They were brought to
this resolutionbya convictionthat the present emergencies,
unforeseen on the day in which the loan was voted, laid
them under a strict obligation to ascertain that they have
not lost any part of that support of tho Chambers which
constitutes the main strength of the Government. They
thought, besides, that by a free exposition of their intents,
they would place the representatives of the nation in a po-
sition to pronounce a solemn judgment on the political
system they have pursued.
" I deem it unnecessary to recal the events lately accom-
plished
tl
hken
othero l andha
nrde,c ei
tn ti, ts hnaott Ntvhee need
notp mentionheodd;o tthheatythaberm.
becomes
es matter for our deliberation.
we are to make our theme of discussion; it is what we
_are
now
"Italyt
is almost free. The only painful exception is
What our thoughts are with respect to this
of all the provinces of the Peninsula is well known
tnVibtilhllstit
Chamber amber ; and that thought has been clearly deve-
loped in a diplomatic document lately published. Wo think
that war should not be waged against Austria, against the
almost unanimous will of the European Powers. Such an
improvident enterprise would raise against us a formidable
coalition, and endanger not only Italy, but the cause of
freedom throughout the European continent. Such a rash
attempt would place us in hostility with those Fewer s
which do not acknowledge the principles we uphold, and
would deprive us of the sympathy of those States which
ground their policy on Liberal principles.
" We view daily, and certainly not with indifferent e,
OP so,l o Ws of the Venetian people ; we do not forget their
sense, but we think we can best serve it by constituting a
strong Italy. (Immense cheering.) For we hold firmly that
AO sinner 81411 we have attained this object, the general

opinion of nations and Cabinets, which is now opposed:to a
venturous enterprise, will show itself favourable to that
only solution of the Italian question, which will for ever
close the era of wars and revolutions in the south of
Europe.

" We aro equally convinced that supreme reasons lay
upon us the obligation of respecting the city where the
Supreme Pontiff has his see. The question of Rome is none
of those which can be solved with the sword alone. It meets
on its way moral obstacles only to be overcome by moral
forces ; and we are fully confident that sooner or later those
forCes will bring into the gates of that glorious metropolis
a change consistent with the wishes of its people, with the
aspirations of all good Italians, with the true principles and
the lasting interests of Catholicism.

"It was a wise and patriotic counsel to await so salutary
a change from the work of time, and from the great and in-
calculable influence which regenerated Italy will exercise
on the opinions and judgments of the Catholic world. But
even were our thought erroneous, the presence of the
French troops in Rome ought alone to make us desist from
any design, however remote, to stand sword in hand before
that city. _

" In Our present circumstances to confront those French
troops would be not merely unheard of folly ; it would be a
grievous fault and guilt. There are generous follies, which,
although they entail enormous sacrifices and sufferings, do
not bring with them the ruin of a nation ; but such a ruin
would certainly befall Italy from any intention to combat
the armies of France. So monstrous an ingratitude would
inflict on the brow of our country a stain which long cen-
turies of suffering would not efface.
" The soldiers of France occupied Rome when other sol-
diers of that nation, led by their generous Emperor, fought
for us at Magenta and Solferino.
g, If their presence in that city was deemed altogether in-
compatible with the true interests of Italy, we ought
neither to ask nor to accept the aid of our powerful neigh-
bour to conquer our freedom and independence. To turn
against her at the present day thoso very arms which her
victories have placed in the hands of so many Italians,
would be a deed which must seem revolting to the mind of
any of us—any who may not be utterly seduced and carried
away by a sectarian spirit. (A burst of applause.)
"But if we are not for the present in a condition to
exert ourselves in behalf of Venice and Rome, we are not
equally helpless with regard to the other parts of Italy,
which, although risen to liberty, feel the want of imme-
diate, efficient provisions.
"Gentlemen, if the Italian cause at last awakened the
universal sympathy of Europe, if the minds of the most
civilized and educated nations show themselves favourable
to it, this must especially be attributed to the admirable

• moderation of ideas, to the calm behaviour of the various
a provinces of the Peninsula on their first shaking off the
L- yoke which the foreigner had laid upon them. Those lim-
e vinces afforded the most signal proof of the truth and depth
of the civilization attained by the Italian people; by in-
stantly removing all germs of anarchy, by adopting without
a delay those principles of sound organization which obtain
among the nations most advanced in the exercise of liberty,
and by evincing their firm will to issuo out of a provisional
Ee state, and aspiring to the institution of a Government free
40 and national, but at the same time strong and opposed to
any excess.

"By this moderation and concord, by this unshaken
firmness, the people of Tuscany and lEmilia ended by per-
suading diplomacy that the Italians are capable of construct-
ing a vast kingdom, based and organized upon broadly
liberal principles and institutions.
" Matters must proceed in the same manner in Southern
Italy. Woe to us if those people were long to continue in
the uncertainty of a provincial rule. Disturbance and an-
archy, which would soon break up, would be the cause of
immense evils and immense disgrace to the common coun-
try. The great national movement, breaking from the path
which it has hitherto followed with marvellous regularity,
would lead to extreme dangers, as well to the lately enfran-
chised provinces as to those which have been for more than
one year free and independent. This must not be—this
cannot be allowed by the King or the Parliament.
‘f The generous Sovereign who is hailed by the whole of
Italy as the mover and leader of the national resurrection
has special duties towards the South of Italy. The work
of emancipation began in his name ; round his glorious
standard the freed people crowded and pressed. Before
Europe, before posterity, he is answerable for their fate.
" King Victor Emmanuel does not intend to dispose at
his own pleasure of the people of Southern Italy ; but he is
in duty bound to give them an opportunity of putting an
end to their provisional condition, by most openly, most
freely giving utterance to their wishes.
" What may be the result of their vote ? The answer
lies in the electoral urn. As Italians, we ardently wish that
the inhabitants of the provinces not yet united should act
as those of Central Italy have done ; and that with the same
enthusiasm, with the same unanimity they should declare
in favour of that principle of unification which may bring
the whole Peninsula under the constitutional sceptre of
Victor Emmanuel.

"As Ministers of a Sovereign free from personal ambi-
tion, and who consecrated his sword and life to the great
achievement of ♦indicating Italy to the Italians, we must
firmly pronounce in his name that, whatever may be the
vote of those people, it shall be respected.
" We harbour the best hopes that you will agree with us
on this subject. We all wish to bring to a termination the
great edifice of national unity, but it must rise from the
spontaneous consent of the people, not by any deed of con-
straint and force.

" These considerations induced the King's Government
to ask the Chambers that power should be granted to it to
accomplish the annexation of all those freed provinces of
Italy which, questioned by means of the direct universal
suffrage, should declare that they wish to form a part of
the numerous family of people already sheltered under the
wings of the glorious kingdom of Victor Emmanuel.
" The Ministers do not think that the form of suffrage
may be a subject of discussion. It will be the same already
adopted in the )Emilia and Tuscany. The people will be
asked to pronounce distinctly whether they wish to be joined
to our State, or not, and no conditional vote shall be ad-
mitted : for it is indeed our determination not to impose
the act of annexation upon any part of Italy, but he must
with equal frankness declare that we do not think any an-
nexation should be proposed subject to any special condi-
tion. Gentlemen, this would be tantamount to giving one
or more provinces the power to impose their will upon the
provinces already constituted, and to fetter down the future
organisation of the nation, introducing a radical vice and a
fatal germ of antagonism and dissension. On the other
hand, we do not hesitate to affirm that the system of an-
nexations bound to conditions, which we reject, is contrary
to the nature of modern communities, which, if they may,
under certain peculiar circumstances, conveniently organise
themselves under federal forms, no longer require or admit
a compact of dedition ; a mere relic of the middle ages, a
mode of union not very worthy of an Italian Xing and
people.

" After the unthought-of and unlooked-for
to
forev events, which
we have witnessed in Italy it must be allobomcene thatt
we are no Federalists. Neither do we mean t
lisers, as we prove by our views respecting the adminis-
trativeira- organisation of the State. Nevertheless, WO would
always prefer either the Federal or the thoroughly Central-
ised system to a political arrangement by which the pro-
vinces, although joined under the same sceptre, should, in
the most important legislative matters, possess an authority
independent of Parliament and the nation.
" Here we must observe that, although all those who have
contributed to the triumph of the national cause accept in
principle the idea of the annexation of Southern Italy, yet
none, whose love for their country is no matter of doubt
and whose devotion to the sacred person of the King is
usually known, deem it expedient to put off the act of an-
nexation till the work be completed, that is, till the ques-
tions of Rome and Venice be finally solved.
" We think if this design could be carried into practice it
would have the most fatal consequences. Why should we
]veep
Naples and Sicily in an anomalous state? There can
only be one motive for it, and that is to avail one's-self of
the work of revolution to accomplish the liberation of Italy.
Now, this would be a most deplorable error. At the point
we have attained, when it is in
our power* to build up a
State of 22,000,000 of Italians, a st strong and unanimous
State,which may disposef numberless means and resources,
material as well as moral, the
security
era must close
for us. Italy must with great
commence her period
of internal order and organisationEz:ope would otherwise
have reason to believe that revolution is not a means for us,
but an end ; and her benevolence would be withdrawn,
Public opinion, so favourable to us hitherto, would declare
against us, and enlist in the ranks of our enemies. The
accomplishment of our Italian enterprise would become* not
only more difficult, but, perhaps, altogether impossible.
ti Revolution and constitutional Government calnoatnlong
co-exist in Italy without producing by their dualism
op-
position and a conflict which would only turn to the benefit
of the common enemy.
" These contingencies escaped the attention of that gene-
rous patriot who hitherto opposed the annexation of Naples
and Sicily. But if he had good reasons to follow that system
so long as the Marches and Umbria parted the South from
the Centre and North of the Peninsula, now to persevere in
that systemwould have no other effect than to oppose useless
delays and hindrances to the national cause. There is in the
nature of events a logic which triumphs over the stoutest
will, and against which the best intentions are powerless.
Let revolution be made permanent in Naples and Palermo,
and very shortly the authority and command will pass from
the glorious hands of him who wrote on his standard, Italy
and Victor Emmanuel,' into those of men who for this prac-
tical formula substitute the dark and mystic symbol of sec-
tarianism, God and the people.' (Long and loud applause
and cheering.)
" We repeat,—that provisional and revolutionary order
of things which might have reasons to exist in Naples and
Sicily must come to an end as soon as possible. This is re-
quired by the interest of those provinces for which the pre-
sent state of things is a fertile source of very great disorders;
and it is required still more by the honour and interest of
the national cause. How could, in fact, without great detri-
ment to the dignity of the Crown—hew could King Victor
Emmanuel consent that Italian provinces should be so long
a time governed in his name as conquered provinces, with-
out appealing to the free expression of the people's wishes,
according to the solemn and legal forms of popular suffrage?
o lt 13 upon these gr9uzlo, geutleraeu, that hope for

your approval of the bill which I have the honour to Jay
before you.

" Only, in the important and extraordinary circumstances
in which our country is placed, Parliament should not limit
itself to deliberate upon the legislative dispositions which
the unfolding of political events may render opportune or
necessary.

" It is also your duty to consider whether the men who
have in these days the honour to sit at the Council Board
of the Crown are equal to the high task committed to them,
and if they scent to deserve the confidence of the nation.
All material means placed
,within reach of the Executive
power, and all authority granted to it by the law, will al-
ways be scanty and weak unlesr the King's Ministers can
reckon on that moral efficacy, that irresistible authority,
which in free constitutional Governments flows from the
perfect agreement between the greatest powers of the State.
" The vote of confidence you gave the Ministers a few
months since enabled them to overcome difficulties, both
numerous and serious, which stood in their way. Now
that they may hold with a steady hand the helm of the State
it is necessary that they should know, and that Italy should
know, whether their deeds and behaviour during this inter-
val were of a nature to diminish the confidence you put in
them.

" This is all the more necessary, as a voice justly dear to
the multitude expressed to the Crown and the country ita
distrust of us.

" Such a declaration, indeed, painfully affected us, but
it could not turn us by a tittle from our purposes.
"i Faithful guardians of the Constitution, of which we
must be the most scrupulous executors, we think that the
voice of one citizen, whatever signal services he may have
rendered to the country, should not prevail against the
authority of the great powers of the State.
" It therefore is the duty of the Ministers of a constitu-
tional King not to give way before pretensions not very
legal, even if they be backed by a splendid halo of popula-
rity and by a victorious sword.

" But as we would fail in our duty by giving way to those
pretensions, so we should have failed in our obligation to-
wards Parliament if we had not put the question to it whe-
ther it be ready to sanction the sentence pronounced against
us.

" The decision must result from the discussion which
may arise on the bill now laid before you."

The house adjourned as the Minister read his
last words, as the bill must be taken into considera-
tion in the Bureaux, and before a eommission, pre-
vious to its public discussion.

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

During the last few days there has been more
activity in the Foreign and Colonial Produce Mar-
ket. Sugars have been in increased demand, pa*,
ticularly for refined descriptions for exportation to
France, owing to the reduction of the duty under
the provisions of the late treaty. Tea has continued
quiet, but a fair business has been done in coffee, at
slightly reduced rates, Cocoa, rice, and fruit have
met with a moderate enquiry, without material
change in prices. Saltpetre continued dull, and a
few parcels sold at public sale went at a reduction
in value of ls. per cwt. Tallow remained in good
demand for both present and forward delivery, at
enhanced quotations.

In the Liverpool Cotton Market yesterday a fair
amount of business was recorded at about previous
rates. The sales were 12,000 bales. The Railway
Share Market continued very active, and prices
were again higher.

The bills which arrived at maturity yesterday,
the 4th of the month, were met in a satisfactory_
manner, no failures of importance having taken
place.

A sum of £16,000 was withdrawn from the Bank
of England yesterday for exportation to Spain ;
and it is expected that the next Australian supplies
will be similarly appropriated.

The directors of the South Austrian and Lom-
bardo-Venetian Railway have made a call of L 2
per share payable on and after the 15th proximo.
Notice has been given that the 6 per Cent. De-
benture Bonds of the Great Western Railway of
Canada, falling due on the 18th inst., will be paid
on and after that date.

A meeting took place yesterday of the creditors
of Smith and .Co., of the White Chapel Distillery,
when the liabilities were stated at £33,302, and
assets £44,050, thereby showing a surplus of
£10,700. After some discussion, it was resolved
that the estate should be wound up under inspec-
tion.

Thu 'market, fur rublic Securities is unfavourably
affected by an excessive supply of Stock, several
extensive sales for delivery having lately taken place.
A small amount of business has been transacted to-
day, but it has created heaviness, and the indica-
tions of buoyancy noticed yesterday have entirely
disappeared, Consols being 931 for money, and
93.1 y for the account. _ _

India Loan has receded 1031 ; ditto Deben-
tures are firm at 96,1, and the Bonds are heavy
at ss. discount. Exchepaer Bills remain at ls. to

4s. premium.

Foreign Securities have been dealt in to a fair
extent, but prices, in most instances, are depressed.
Turkish 6 per Cents. are 74 to 74 ; ditto New,
56 to 561 ; and the 4 per Cents. are firm at 1011 1.
Venezuelan have receded to 24 ; ditto 11 per Cents.,
to 121 ; Brazilian 41 per Cents. are 871 88; Peru-
vian 3 per Cents., 74. Spanish are steady, at 49.
The Ocean Marine Insurance Shares are 11,- 21
prem. ; the Thames and Mersey, ta prem. ; and
the Universal, s prem.

Messrs. D. Bell, Son, and Co., report the prices
of American Securities as follows :

Redeemable. Prices.
United States 6 per Cents 1867-1868 98 99
Do. 5 per Cent Bonds
Kentucky 6 per Cent. Bonds . 1868-72 91 93
Pennsylvania 5 per Ct. Bonds 1877 88 89
Illinois Central 7 per Cent.
Illinois Central 6 per Cent. 1875 88 90
Do. shares, 80 dols. paid 17t 16i die
Nlichigan Central 8 per Cent 1869 90 91
Do. do. shares 6; 64
Now York Central 6 per Ct.,

not convertible... -
New York Central 7 per Ct ,
convertible, from June 15,
1857-59
Do. do. shares
New York and Erie, 7 por Ct.,
Ist mortgage
Do. do.) 2d mortgage
Do. do., 3d mortgage
Do. do. convertible
Do. do. shares
Panama 7 per Ct., Ist mort •
gage Str. Bonds, not cony..
Do. do., 2d do.
Pennsylvania Central 6 per
Ct., Ist mortgage

1833

83 90

1880