The Sun.
London, England, 1860-08-18 00:00:00

MONEY MA

are not fully acquainted with the plans of the Dic-
tator. There are people who still persist in believ-
ing that all this Faro bustle is a mere feint to in-
dice the enemy to collect the whole of his forces in
Calabria, and that he means to steam off to the
Gulf of Salerno, and land there. Other supposi-
tions are afloat, but, as I told you, nobody knows
the inmost thoughts of Garibaldi.
Frenchmen are always liable to get into scrapes.
Their glorious vanity is so great ; and, I hasten to
add, their courage so undaunted, and even rash,
that when they smell powder they must embark in
the most daring enterprises. I have been told that
last night a party of 20 Frenchmen who are making
War en amateur, without Garibaldi's consent, got
hold of a fishing-boat, and, armed to the teeth,
attempted to land on the opposite shore. A dis-
charge of musketry had, however, the effect of
'lunching their ardour, and one of them was
severely wounded in the breast. On their hasten-
ing to reach this shore, they met a Neapolitan man-
o£-war, which at first seemed disposed to send them
to the bottom. She did not, however, fire at them,
So that they were able to return to the Faro.
Garibaldi, on hearing the report of this foolish
attempt, said that this was mere braggadocio.
At last we have received news frOm our friends
who first touched the Calabrian shores. I hear
that, after having marched the whole of the night,
Major Missori met a column of Neapolitan troops
Who seemed disposed to dispute his passage. Missori
ill a man who never counts the enemies he meets,
and he went boldly to attack them. The fight was
hard and long on both sides, but at last the Neapo-
litans gave way. Missori had six wounded, and
lost another, who fell into the hands of the Neapo-
litans. These men had the barbarity to take the
Poor fellow to Reggio, in spite of the advice of the
surgeon, who told them he would die on the way.
Such was really the case, and I hear that if the
Wounded prisoner had been left at Villa San Gio-
vanni his life would have been spared. From this
fact we may infer that the Neapolitans are not
changed, and that they intend to carry on a war of
extermination. You may depend upon it that they
Will get the worst of it. When the Neapolitans
retired Major Missori was allowed to march with
hie men on Aspromonte, a small village which, as
its name indicates, stands on the top of a mountain,
and I hear that they are still there. In the course
of yesterday they were joined by 150 Calabrian
insurgents, all inhabitants of Villa San Giovanni.
All the men able to carry a musket, and even some
women, have left Santo Steffan° to join them. It
flay therefore be said that the revolution has
already begun in Calabria. This will increase the
difficulties of the Neapolitan army, which will thus
be obliged to keep its ground in a hostile country.
A. rumour is current in the camp this evening that
au agent of the Neapolitan Court has been arrested.
It appears that this man was despatched here to
assassinate Garibaldi, and that he was caught
Whilst loitering about the lighthouse of the Faro.
I am not in a position to state whether there is any
truth or not in this report, but what is certain to
ray mind is, that to perpetrate such a crime would
be very difficult indeed, surrounded as the general
always is by devoted officers. I had just written
so much when I heard the fact confirmed by an
officer, who saw the prisoner whilst he was on the
Point of being taken to Messina. He is a man
'bout 40, and a Calabrian by birth. The rascal
Will be brought before a court-martial, and if his
[Milt is proved he will, I hear, be' executed to-
raorrow or the day after.

MESSINA, Au G. 11.
To give you an idea of the enthusiasm tha,
Garibaldi's name awakens in men of every nation
and condition, I must tell you that the desertions
amongst the men-of-war lying in this harbour in-
crease every day. Your blue-jackets are of course
of the number. Sons of a liberal and generous
nation, they cannot help coming to give a lift to
Garibaldi's army. Yesterday evening, at half-
Past seven, whilst the first lieutenant was on deck
of her Majesty's ship Scylla, to see the hammocks
sent below, four melt jumped down into thb captain's
gig unobserved except by the gentry, who thought
they were going on sliore to fetch the captain, and
pulled to the pier. All the boats were at the time
hoisted except the gig and the launch. Two or
three minutes after the sentry had observed the gig,
the first lieutenant gave the order to hook her on,
when it was founil that she was missing. On
inquiry it was discovered that the boat was seen
Pulling ashore, and then it flashed across the first-
lieutenant's mind t hat the men in the gig had de-
serted. The lawn -.)h was instantly manned and
Pulled towards th 4) landing-place, where the gig
was found minus the men. An escort of marines
Was immediately scut on shore to apprehend the
deserters who, aft er an hour of fruitless search,
Were not to be found. The Commander of the
Scylla waited on G aribaldi this morning, but, if I
am correctly inform ed, he was told that as all the
deserters from foreig n ships enlist themselves under
the assumed name 0.0 Brown or Smith, it was im-
possible for him to st )nd the missing men on board.
In this ingenious mas finer 26 sailors of her Majesty's
ship Amphion desert ed at Palermo, and the Sar-
dinian frigate Maria Adelaide lost at least double
the number. lam no' t going to justify the desertion
of these fellows, but when I remember they neglect
their duty and risk t heir lives for the sacred cause
of liberty, I cannot help excusing them. The
matter, I am sure, 7; ill be looked upon in the same
point of view by you r countrymen at home.
Nothing of importance has occurred to-day.
Garibaldi is always t a the Faro, busily engaged in
manning vessels and boats, collecting troops, and
erecting new batteri .es. Major Missori's squadre
have been greatly in creased, and it is stated that it
numbers already 1,5 00 good fighting men. This
evening we saw large fires lit up on the ridges
which are above the forts of Scylla and Del Cavallo,
and over the village s of Villa San Giovanni and
Gallico. They are signals that Missori makes to
the General from tht) Calabrian side of the strait.
To-morrow the plc' ket starts for England, and I
shall not fail to ad d a postscript to my letter if
there is any news of consequence.
AUGUST 12, MORNING.
An attack on the, fort of Scylla was probably
made last night by Missori's party, which now
numbers 2,000 men, :for about 10.30 a brisk firing
was heard in that direction, and it lasted till 1.45.
The heavy boom of artillery and the rattle of mus-
ketry were distinctly heard through the stillness of
a splendid moonlight night. At the first shot heard,
the alarm trumpet so unded from the citadel, but no
bombardment has yet taken place. When the ac-
tion began on the ex Creme point of the Gulf at Fort
Scylla, the Neapoliti in cruisers fired rockets every
moment, steaming u p and down the gulf. They
did not, however, flu .e against Garibaldi's batteries
of Faro Point, or or L the boats, which I hear were
conveying more ern ted expeditions to the Calabrian
coast. It is stated 'that the landing of those expe-
ditions, protected b y the darkness of the evening—
the moon did not rise till half-past 12 o'clock—was
successfully effected at three different points of the
What is certain is that as soon as
opposite coast.
the sun set bonfires were distinctly seen all along
the ridges above the Calabrian villages of Villa San
Giovanni and Gal lico. No doubt those fires were
lighted either by Missori's party or by the Cala-
brian squadre, which has hoisted the fiag of the na-
tional cause. If Missori has succeeded in capturing
the fort of Scylla Garibaldi will be able to master
the strait, and the larding of the whole of his army
can be accomplisher) in comparative safety.
Whether
this is the case I shall be able to tell you in my
next letter.

•
It is understood that engagements are being
entered into by the Spanish Government for the construe
tion in this country of eight first-class war steamers, which
are expected to cost little less than £200,000 each. The
Spanish Government are also in the English market forthe
purchase of several thousand loads of oak timber, the con-
tracts for which stipulate for the deposit of £17,000 caution
money. Spain has abundance of oak in her ow:
iforests,n
which is stated to be inaccessible irom want of roads, but
is a remarkable circumstanct, that while she
purchases in our markets ',:ne English Admiralty are gre-
ported to have sent surveyors to ascertain what can be ob-
tained from these soy:rtes.
BACK. NUMBP:BS OF THE BRITISH WORKMAN AND
BAND OF HDPE REVlEW.—Subscribers are informed that
the whole of the back numbers being now reprinted, sets
may bs completed through any bookseller, or back numbers
may be had post free per return (if ordered in quantities of
not less than fourpenny worth), direct from the office, on
receipt of stamps to the amount. Letters, orders, &c., to
be addressed to Mr. S. IV. Partridge, 9, Paternoster-row,
B.C.

RKET AND CITY NEWS.

CITY, Two O'CLOCK.

The Bank of England return, completed to the
15th August, shows some rather important varia-
tions. The public deposits, owing to the payment
on the East Indian Loan, have been augmented by
over a million sterling, while the private deposits
show a corresponding diminution. In the other
securities there is also a small falling off; but the
reserve of notes has been slightly increased. The
alterations in the bullion and the active circulation
are of an important character. The various items,
and the changes they present, are shown in the
subjoined table
Active Circulation ••
Decrease ..
Bullion

.. £21,572,895
.. 134,495
.. 15,647,749
.. 3,795
.. 3,520,954

Decrease • • . • . •
Rest .. •• •• ••
Increase • • • • ..
Publio Deposits . • • •
Increase .. • •
Other Deposits • • • •
Decrease .. • .
seven Day and other Bills
Increase ..
Government Securities • •

7,824
.. 5,956,219
.. 1,132,997
.. 12,792,434
.. 1,210,846
770,254 81
.. 56,112 81
.. 9,804,273 s,
no alteration. s,
Other Securities 19,338,734 s'
Decrease .. 144,613
Notes Unemployed .. 7,709,380 8
Increase .. 107,565
About £16,000 in gold was sent into the Bank st
of England yesterday.
The foreign exchanges yesterday afternoon ex-
hibited a further slight advance in the rates on
Vienna and Trieste, and Hamburg was also rather I St'
higher.
The steamer Pera, which leaves on Monday, the
20th, for India and China, will take out £324,333
—viz., £9,792 in gold and £312,015 in silver, .of et,
which £64,843 is remitted by the Government to St
Hong Kong.
The tone of the Money Market is very firm, the
current rate of discount for good bills being now
4 per cent., and as an important period of the year st;
is approaching for the commercial and financial
st
interests of the country, the prospect of dearer or st
cheaper money becomes a subject of greater atten- st
tion. The tendency is now upwards, and long- at
dated bills are taken with more reserve. t
The Bank returns, which necessarily tend to st
elucidate the general progress of monetary affairs, g
do not this week :present any special feature be-
yond the mere effects of the payment of the sub-
scriptions to the East India Railway Debenture
Loan. The principal financial feature at the pre- st
sent moment is the intended increase of Indian sstt:
railway capital to the extent of £7,000,000, st!
and by raising which the Government 0,
t
will be able to supply the deficiency in the revenue st
as compared with the expenditure. So far, there- st
fore, as the Money Market is concerned the Indian
financial operations are equal to a loan of
£10,000,000, this being the total amount of new st
securities to be placed upon the market. There Bt
are, besides, £2,000,000 Exchequer Bills and
£2,000,000 Exchequer Bonds of the Home Govern-
ment to be placed, through the medium of savings st
banks funds, and consequently, although not coming St'
openly upon the market, necessarily absorb so
much money as would otherwise have to be invested
on the existing securities, and therefore form an
important action.
In the Liverpool Cotton Market yesterday, there
was a good inquiry for most descriptions, and prices
were firm The sales were estimated at 10,000
bales

The market for the English Securities is unsettled

to-day, and the tone rather fiat, with more sellers S 2
71
than buyers. In addition to the return of unfa-
stc:,
vourable weather, the intelligence from the conti- eta:
nent respecting the probability of fresh complica- 2,
tions with regard to the Italian question, and the mto
proximate renewal of hostilities between Austria :1(0)
and Piedmont, is of a very discouraging character. Fito
There has also been a large sale of stock, and Rsr,
Consols are now 92i for money,', and 921 93 for
eta
account. The New 3 per Cents. and the Reduced sstcrc
are steady at 931 ; India New Loarr is flat at :tt,
1031 ; Exchequer Bills are at ls. to 4s. prem. st(
In the Foreign Stock Market scarcely any sett((
business has been recorded, prices are tolerably :ft:
firm. Turkish 6 per Cents. are 73t to 74/ ; ditto 11
New, 591 to 60; Dutch 21 per Cents. remain at et
65 ; and the 4 per Cents. are marked 102.
The Ocean Marine Insurance Shares are 21

prem. ; the Thames and Mersey, g prem. ; and sit'oi
the Universal, f, prem. sto
sto
The transactions in the Railway Share Market
have been on a moderate scale, and prices have fully
sympathised with the heavy tone in the Consol
Market. Great Northern, Midland, and North I
Eastern (Berwick), have declined ss. ; Caledonian, stt
Eastern Counties, Lancashire and Yorkshire, Lon- :lc,
don and Blackwall, and South Western, 10s. ; South stc
st(
Eastern advanced ss. et(
In the Foreign and Colonial Markets the dealings et:
have been unimportant, at previous quotations.
st,
Great Western of Canada have declined ss. st
Joint Stock Bank and Miscellaneous Shares have st
been in request at former rates. st

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 931 i
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock ..
Ditto 5 per Cent
Ditto Bonds £l,OOO —
I,itto under £l,OOO
Consols for Account, 6th Sept 9n 3
Exchequer Bills, £l,OOO, lid
D tto £5OO 1 4 p
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Turkish 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
Duch Exchange, 12 Guil. 21 per Cent 65
Ditto Certificates, 4 per Cont.
TWO O'CLOCK
Consols, Money
Ditte Account, September

TILE EAST.

The Levant Herald of the Bth inst. states that st(
the Turkish Government, on the representation of st'
Fuad Pasha, has determined on replacing all the 1
officers of the army of Arabistan by others from
st
the army of Anatolia. Those who have been im st
-
plicated in late events will not be included in st
this arrangement, but be dealt with separately. si
Kourschid Pasha, the late Governor of Beyrout,
was placed in arrest, it appears, on the express de-
mand of Admiral Martin. Kourschid arrived at 81
Constantinople on the 6th, by the Austrian Lloyd's
steamer Stamboul. That he has been sent back to
Beyrout, to be tried with Ahmet Pasha, has been
already announced.. Two of Keurschid's subor- .
dinate officers, his Kehaya, and Cavas-Bashi, are
both in prison at Beyrout. From the fact that
they are kept in irons, it would seem that the dis-
placed Turkish officials have less influence in the
province than they would be able to command at
Constantinople.

Ahmet Pasha was the Commander-in-Chief of the
Army of Arabistan, and Governor-General of Da-
mascus. Before being sent back to Beyrout, for
trial, he was, according to an order from the Sul-
tan, publicly degraded from his rank in the great
square of the Seraskeriat. A large body of troops
and civil functionaries were assembled on the ground
to witness the ceremony of degradation, which ivas
performed with all the humiliating precision usual
on such occasions. The Imperial order having been
read aloud, the brass feztbutton, epaulets, and sword
of the degraded General were roughly taken
from him, and his deprivation of all rank and
honours proclaimed to the spectators, He was then
marched back to his prison, and the troop. with-
drew to their quarters. This well-deserved act of
Imperial severity reduces tl_l•3 roll of muchirs to 84,
which will doubtless 'he further cut down by the
similar degradation of Kourschid Pasha of Beyrout.

The bar silver brought by the Westlndia Packet
has been disposed of at 611 d. per oz., being i decline from
tdheendprice realised for that by the precedin steamer The
silver, which was not tine enough for shipment to China,
deduction from the
was purchased
above rate.
teici).chtoased for hamburg
at id.
It is officially announced that the proposed divi-
dend
has
on the stock of the Eastern Counties Railway Com-
pany will be at the rate of 2i per cent. per annum, against
the same .
rate in the corresponding period of 1859. The
been
carried over is about £5,000. The announce-
mentf eon followed by a fall of i per cent. in the price
othe stook.