The Sun.
London, England, 1860-05-22 00:00:00

THE SUN, LONDON, TUESDAY EVENING, MAY 22, 1860,

now, that the deficit for the next twelvemonth will
be not less but absolutely more than £13,000,000.
A very charming anticipation, surely—especially
when it is remembered that we have already
gone the length of retaining a war impost upon
tea and another war impost upon sugar, at the very
time that we are emptying out of our pockets into
the Treasury tenpence in the pound upon
incomes—otherwise in a year of peace,
paying down under the head of the WAR TAX,
par excellence, £10,000,000. Having accomplished
all which marvels at the suggestion of Mr. GLAD-
STONE, it becomes rather bewildering to conjecture
what upon earth there is left for us to do in the
event of any great European war contingency.
Sufficient, however, for the day, as Divine lips have
told us, is the evil thereof. What we have to do now,
immediately, is to provide for the actual war con-
tingency before us, no longer in posse but actually
in esse, out upon the coasts of China. Already
we have had two wars out there. The third is at
this moment " upon us"—it must be " the charm "
leading to a permanent pacification, to a permanent
readjustment of our relations with the Chinese.
Now, at least, there must be no mistake.
The watchword by sea and br land out there
must be thorough: We must take forthwith what
the late CZAR designated a " material guarantee,"
and having taken it, there—from the height of that
"'coign of vantage "—dictate terms to the Chinese
EMPEROR and his Government. It is in the inte-
rests not only of Western Europe, but also of
the Chinese themselves, and indeed for those of
the whole world, that this third war of ours
with the Celestial empire should be vigour-
ously entered upon and rapidly carried to a success-
ful consummation. England must direct the march
of her troops straight upon Pekin, and there, from
the palace of the fugitive or captive EmrEnott of
the Chinese, dictate new and more stringent terms
to the Government of his Celestial Mightiness.

coasts in the Adriatic, without crossing the Straits
of Messina,

BERLIN, MAY 21.

England has not yet given her consent to the
assembling of a conference of the great Powers for
the settlement of the Eastern question.

The Kreuz Zeitung says :—" We have reason to
doubt the correctness of the news that England
would not oppose an eventual inquiry into the
situation of the Christians in Turkey." The same
paper, however, published on Saturday last intel-
ligence concerning the attitude of England, which
was contrary to the above statement.

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

The Markets for Foreign and Colonial Produce
during the last few days have been rather inactive.
The intelligence from China, however, has caused
increased firmness in tea and silk, a con-
siderable quantity of which has been withdrawn
from the market. Sugars have been
rather inactive, with no material alteration
to record in values. Coffee, owing to the late ar-
rivals and the large quantity announced for public
sale, has been dull, and prices have tended down-
wards. Rice has been in demand, prices in most
instances showing an upward tendency. In fruit
and spices the dealings have been to a fair extent,
at about previous rates. Saltpetre has been in
increased demand, several large operations having
taken place at advanced vathes. Tallow continues
steady, at a slight improvement in price for forward
delivery.

The Liverpool Cotton Market yesterday closed
with a rather dull appearance, and prices remained
unaltered. The sales were about 7,000 bales. In
the Railway Share Market business was quiet, and
quotations exhibited less firmness.

About £32,000 in gold was sent into the Bank
of England yesterday.
A favourable change is reported in the general
appearance of the money market, owing to a dimi-
nution in the demand and tendency of the rates of
discount. As accommodation has been granted at
4! and 4.1 per cent., there is some expectation of a
decline in the minimum at the Bank of England,
especially as the influx of Australian gold must
have made an important addition to the stock of
bullion. A movement, to the extent oft per cent.,
it is thought, may be announced this week, but this
is not the general impression.
The half-yearly dividend has been advertised for
payment on the Swedish Provincial Mortgage
Bonds.

The Tagus, from the Peninsula, has been an-
nounced with £2,640 in specie.
Notice has been given by the directors of the
Anglo-Mexican Mint that a dividend will be paid
on and after the 2d June next.

At the meeting of the National Bank to-day a
dividend at the rate of 4 per cent. for the half-
year, besides paying the same bonus as before of
15s. per share, being, together, at the rate of
14 per cent. per annum on the paid-up capital of
the Bank was unanimously agreed to.
Notwithstanding the unsatisfactory nature of
the intelligence from China, the rejection of the
the Paper Bill in the House of Lords, and the
heaviness reported in the French Rentes, Consols,
which opened with a downward tendency,
are now 941 for money, and 941 95 for the
account, The market, however, continues quiet.
The New 3 per Cents. and the Reduced are flat at
9274 931 ; Bank Stock remains at 228 ; Indian Loan
at 1067 a ; ditto 5 per cent. (enfaced paper) at 98;
ditto 5-1- per cent. (ditto) at 1021 103 ; and Exche-
quer Bills are 4s. to Bs. prem.

Rather more activity prevails in the Foreign
Stock Market, and prices show no important
change. Turkish 6 per Cents. are 741 to 75 ;
ditto New, 57 to 58 ; the 4 per Cents, are fiat at
1011 ; and Mexican at 211' to 211 ; Russian 41 per
Cents. are firm at 971; Brazilian 5 per Cents. are
steady at 99; ; ditto 41 per Cents. at 908 ; ditto
Scrip, is at I dis ; and Dutch 4 per Cents. at 10011.
The Ocean Marine Insurance Shares are 21
prem.; the Thames and Mersey ditto, 11 4 prem. ;
and the Universal ditto, 1 I prem.
The dealings in the Railway Share Market have
been on a very restricted scale, but in some instances
prices have shown more firmness. Lancashire and
Yorkshire, North Western and Midland advanced
55., and Great Northern and Brighton 10s. ; Eastern
Counties and Great Western have declined 55., and
South Eastern ss. to 10s. The Foreign and Colo-
nial undertakings have shown no material varia-
tion. Great Luxemburg are &I 1, San Poole 11, East
Indian have declined to 1011, 1011; Great Western
of Canada, to 121 ; and Great Indian Peninsula, to
991 99.

Joint Stock Bank and Miscellaneous Shares have
been very dull, and prices have shown no particu-
lar variation. London and Westminster have de-
clined ss. ; and Red Sea Telegraph, ss.

131tITISH FUNDS—CLOSING PRICES.
Bank Stock

3 per Cent. Reduced Annuities 93 21 31
3 per Cent. Consols Annuities 9lWil
New 3 per Cent. Annuities
New 2i per Cent. Annuities , 79
[ndia Stock.
** .. —

Ditto 6 per Cent.
Ditto Enlaced Paper, 4 per Cent —
Ditto 5 per Cent.
Ditto 51 per Cent lO3 2i,
Ditto Debentures, 18.58
Litt . Bonds £l,OOO
)itt, under £l,OOO ..
CoNsols for Account (6th June)
Exchequer Bills, £l,OOO, 11d
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brasilian 5 per Cent
Ditto 4/ per Cent. 1858 904
Ditto Scrip, 1860
Mexican 3 per Cent —
Ditto Account
Peruvian 41 per Cent
Ditto (Uribarren), 41 per Cent.
Portuguese 3 per Cent., 1853, . •

Ditto Account
Russian 5 per Cent. 1822, £ St ..
Ditto 41 per Cent.
Ditto 3 per Cent., 1859 64 31
Spanish 3 per Cent...
Ditto Account
Ditto New Deferred
Ditto Account
Turkish 6 per Cent
Ditto Account

Ditto New Loan
Ditto Account

Ditto Guaranteed, 4 per Cent. -
Ditto Account
Dividends on the above payable in London.
natch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols, Money
Ditto June Account

A RAILWAY TIIIEF.—A man named Lucas was
yesterday sentenced to 10 years' penal servitude for stealing
a portmanteau from the platform of the Great Northern
Railway. He had been previously convicted.
The slackness of the demand for discount at the
Bank of England lead to an anticipation that the rate of
discount on Thursday next may be reduced to 4 per cent.
The quotations from Bombay yesterday, dated
the 27th of April, show a partial reaction from the late rise
in Government securities. The Rupee Four per Cents. had
declined from 86 to 85; the Five per Cents. from 99 to 98;
and the Five-and .a •Half per Cents. from 1051. to 104.1.
The rate of exchange was 2s. lid., showing an adverse turn
of per cent.

'rho advices from New York yesterday describe
no material change in the stock or money markets. The
rate of exchange remained firm, and the explanation of the
smallness of the amount of specie brought by this steamer
is that the Cunard vessels charge / per cent, freight, and
the screw steamers only I. The City of Manchester and
New York, will both be likely to bring remittances.
In consequence of the news from China the tea-
market yesterday afternoon showed increased firmness, and
the few sales made were at about Is. 2d. per lb. for com-
mon congou, or id. higher than last week. In most cases,
however, the stocks on offer have been withdrawn, pending
the receipt of fuller details by the letters.
ENLISTMENT FOR THE POPE.—The Tralee corre-
spondent of a Dublin journal reports that the enlistment
movement has extended to that town, which has supplied
a number of recruits within the last few days.
LADY BYRON AND THE GARIBALDI FUND.—A
few days before her death, Lady Byron, turning a sym-
pathising thought to Italy, sent £4O as a subscription to the
' Garibaldi Fund, accompanying the gift with heartfelt
• wish. for the cause of that country.
THE PULLINGER FRAUDS.—The committee of
the Stock Exchange this afternoon terminated their inquiry
on the Pullinger frauds. The resolution adopted is that
the four members who acted for him as brokers—Messrs.
Robert Johnston, Theodosius Uzielli, Sheldon, and Brad-
dock—are to be suspended from admission to the houso,
the first three till the 25th of March next, when the an-
nual election takes place, and they can be again admitted
or rejected at the pleasure of the members, and the last for
three months, their case being rendered less serious in the
eyes of the committee by some exceptional circumstances.
In the course of alday or two a formal report of the inquiry
will be published, but it is understood that the evidence
has not shown that more than a fifth part of the stolen
funds was lost in the Stock Exchange. The penalty of
suspension resolved upon yesterday will require to be for-
mally confirmed at another meeting, which is to be held
to day, but as 29 out of the 30 members of the committee
were present yesterday morning, and their vote was unani-
mous, there is apparently not the smallest chance of any
modification being made.
[ADVERTISEMENT.]—HoIIoway's Ointment and Pills.—
Female Complaints.—Climate, fashion, and neglect hurry
thousands of our daughters prematurely to the tomb ; each
and all of whom would still have been their parents' pride
bad Holloway's re medics been applied without delay. On
them all may rely for restoring health when natural func-
tions are suspended or morbidly sluggish. Under the genial
influence of Holloway's preparations, beauty, vigour, and
vivacity are rekindled. The ointment should be well rubbed
over the kidneys and bottom of the stomach every night
on going to bed. The effect will be marvellous. Eight or
ten pills should be taken nightly for some little time while
using the ointment, in order to purify the blood, cleanse
the system, and correct all the obstructions.

SHARE MARKET-- (THIS DAY.)

ORDINARY SHARES AND STOCKS.

Share R. ilways. paid.l Closing Business
Price. Done.
50 Belfast and Ballymena all
13.14 Bir., Wol , and Str. Val. all 8 85
stock Birk., La., and Ch June lOO 70 72
25 Blackburn
25 Blyth and Tyne all
10 Bost. Shef. and Mid. Co all 65 75
stock Bristol and Exeter
stock Caledonian
10 Carmarthen & Cardigan 9
50 Cork and Bandon all
20 Cork, Itlroc,k., &Passage all
20 Cornwall
10 Do A(A gets no div all
10 Do B until 6pc per in all
t hasbeen pd. toB
50 Dublin & Belfast June. all
25 Dun., Perth, LAb. June all 8 9
stock East Anglian lOO 165 175
stock Eastern Counties lOO 53 54 53
stock Eastern Union, A stock 100 36 38
stock Do do B do 100 25 27
25 Do Nw A. late EU3ds. 85
20 East Suffolk
10 Do
stock Edinburgh & Glasgow 100 77 79
stock Edin. Perth, & Dundee 110 305 315
10 Forth & Clyde Junction all
stock Furness
stock Glasg. and S. Western 100 99 101
10 Great Nthn. of Scotland all
stock Great Northern lOO 114 115 1145 515
stock Do do A stock
stock Do do B do
stock Gt. S. &W. of Ireland 100 113 114 1135
stock Great Western
stock Do Str Val gua. stock 100 60 65
12 Trish South-eastern
stock Lancashire & Yorkshire- 100 103 1035 102} 3
stock London and Blackwall 100 695 705 695 70
stock Lon., Bright.. & S Coast 100 113 114 1135 13
25 Lond., Chat., and Dover all 11 12 111 11
stock Lond. & Nth. Western 100 100 1( 05 995 5 100
124 Do eighths
stock Lond. & Bth. Western lOO 92 93 94 53 25
25 L'derry & Coleraine
25 L'derry & Ennisa all 10 11
stock Man. Shef. & Linooks
50 Maryport and Carlisle all
124 Do do shares all
10 Metropolitan 3 25 2 d
stock Midland
stock Do (firming. & Derby 100 93 95
50 Mid. Gt. W. of Ireland all
25 Do 4 shares all
25 Mid Kent....
10 Do, Cray Line
100 Newcastle and C trlisle all
25 New., Aber. & Herefd all 10 11
10 Newry & Armagh, def 9 7 6 d
20 Newry, Warnpt. & Ros all
stock Norfolk.
50 Nihn. Counties Union .. 34 35 3 d
stock North Ilfitish lOO 611 615
stock Nor.Dev,Rail&Dk.stock 100
stock D A stk ; A recs no d.
until 6pchas beenpd.B 100
stock Do B stock
stock Nth. Eastern—Berwick 100 954 06 96 55 1 5
25 Dodo, G.N.E. purchase 16134 11 5 d
stock Do Leeds .............. 100 51 514 515
stock Do York
stock North London
20 North Staffordshire 175 136 135
10 N. and S. W. Junction all 91 95
12 Not. de Grantham Rail lO 61 65
stock Oxf. Wor. & Wolverptn 100 44 46 45
10 Peebles ...... .
20 Portsmouth
10 Rhymney all
stock Scottish Central
stock Scot. N. E., Aber. stock 100 34 35
stock Do Scot. Mid. stock lOO 87 89
stock Shropshire Union .
10 Sittingboume & Sheer. all 4 3 d
stock South Devon
stock South Eastern . 100 845 85 841 ;
stock South Wales .... —... 100 66 68 •
stock S. York. and River Dun 100 78 80
20 Staines, Wok,. and Wok all 6 8
25 Stockton & Darlington all 385 394
25 Do do 9 84 9 p
Stockton & Hartlepool 165 ,
stock Taff Vale . —...... ..... 109
stock Do Pref. No 1
25 ThamesHavenEk&Rail 22 --
50 Ulster • •
25 Do ......... 20 2 3
12 10 Do • 11 d p
stock Vale of Neath
13 Victoria Sta. and Pim all 10 11
stock Waterford & Kilkenny 100
50 Waterford & Limerick all
20 West Cornwall
20 West London .. ........ all
10 Do let class ........ all
20 Do 2nd class . all
125 Worcester &Hereford.. 115 II 1 d

THIR I) EDITION.

SUN OFFICE, Seven o'clock.

EIVLPERIAL PARLIAMENT.

HOUSE OF L9RDS—(This EVENING.)
The LORD CHANCELLOR took his seat on the woolsack
at five o'clock.

PRIVATE BUSINESS.

Domvile's Estate, London and Blackwall Railway, Os-
westry and Newtown Railway (Amendments), and Dublin
and Neath Railway Bills were read a second time.
The London and North Western (No. 1), the Oxford, Wor-
cester, and Wolverhampton, and Severn Valley Railway,
and East Somerset Railway bills were read a third time
and passed.