The Sun.
London, England, 1860-10-08 00:00:00

AMERICAN COMMERCE.

The American advices on Saturday .describe a
continuance of the upward movement in speculative
shares, which has now gone on almost uninter-
ruptedly for more than two months. In the grain-
market there was intense anxiety for the news by
each steamer regarding the weather in England,
and the latest reports having announced a cessation
of rain a reduction in prices was daily taking place,
which, however, will have since been counteracted
by the remarkable renewal of firmness on the Lon-
don Corn Exchange. The arrivals from the in-
terior were extremely large, and the reports from
each locality indicates that the quantity available for
export has been in no degree exaggerated. At Chi-
cago alone, from the Ist of January to the middle
of September, the receipts of flour and grain
had been 3,000,000 qrs. against 1,700,000 up
to the same date of last year. In the money-market
there was no alteration. A New York 6 per cent.
City Loan for £600,000, for the reduction of the
floating debt of the corporation, had been adjudi-
cated at an average price of 102, the bills ranging
from par to 103. As the Five per Cents. of the
City of Boston command a higher price than was
obtained for these Six per Cents., the result was
considered to afford a fresh proof of the discredit
caused by the constant revelations of corporate
almost
peculation andcriminal i corruptionnpNdrei
offwuediy.eoaof
raitkenh
aeNoiurfet
hewtiovhrYi
ctoipe re kos position
people"annt
ido dnp people
otp mh withee.
respect tohmitth.ayaTtbhoeef
Pittsburg,
in Pennsylvania—the
phaorwe
de sw. e
t,
Birmingham of America, where repudiation is car-
ried even to the extent of defying the highest law
courts, and setting at naught their judgments. An
gtohnoefsshias
rctpi
vtiolirsh,
uauiditnpzeeoc,,hb,invitationenat.tt,ohsshf.Nee,ve,
`Vales,ai2 ect rdihhFot
omar
fonfl September,
Pittsburgh
American-
pt e
Mexicost
ebi
murer
ibcei htrokpyt.
simile
C
swhiotuhldsotmenedcehrartaactehriisstßic
dishonest plea by
men was preparing to defend himself in the city of
npeecwtefdoreeendthleeanB,thh.nt
Mexico against his o
opponents outside, who are
alleged to number
k
he
to
20,000, and the attack was ex-
er
latest
presentrbae ledn recommends
s the
hn
e t
Princet o t h
Aoinirtahmisoneeweaassi
afraid to renew his • • • •
applications by including the
foreign residents. The intelligence of the execution
of Walker
and his lieutenant in Honduras has
drawn forth
very satisfactory comments from the
New York press. The New York Times points out
that he owed his fate to the inefficiency of the
American Government in enforcing the United.
ymaf-thhoelswremat
States' laws, and to the connivance of his sup-
oamnd aboutoes
hel, datee
mwa Yweitvmtdoihassli protestedtneov:syse bohor
eaoa fe
sup-
porters in the South. "If Southern juries," it is
observed, " had done their duty, and published his
violations of international law and of our own
statutes, he could never have renewed the career
Which has had so disastrous an end."

THE APPLICATION OF THE ELECTRIC LIGHT FOE
SIGNALLING AT SEA.—The application of the electric light
to the purpose of signalling was practically tested on Thurs-
day,
when the Confiance left Devonport Harbour at half-
past 7 pm., and steamed into
electric light (invented by Professor 11,7 ay, and superior
ed) until 9 o'clock. At a distance o to
any yet produced) the offing displaying the
f 13 miles
it shone brilliantly,. emitting a concentrated light of an
intensely bright bluish hug. The system of signalising by
this light is by long and short flashes, 11veornea similarcontinued i irfi
on
made
padlee t oc. th:rtidoafypeovsietniyineg7:v
hneengasti signals...ivneals The trial on
Thursday evening did not extend to the use of the •
but merely to the display of the light. A further trial wasa
Mount Wise, with
several hours between the Cond'ance (at the east end of
the breakwater), and the serniarmplhapnororseb,ea
of the electric light of signalising by
means to be very
that it can be
long ones denote seven, rep/Ruch satisfaction.
sor
hue regularity laanirtdi t
scientific men. For instance,
resent-
ing the letter C, and so on, until'
formed. The light has beentho words signalled are
lytical chemist, of London, worked by Mr. Evans, ana-
stwivForPiciseleid'orwatilfltthial
The Professor and his atten-
dant, Captain Ross, Lieut. Col
Dockyard ; Brigade -M- •or umb, flag lieutenant of tho
Birk, and several naval and
military officers besides have been pi esent to watch the
signals, which were continued
until an early hour on Satur-
day morning,
Satur-
day
is over for
the season, and the Eleven
seem to have no notion of
recess. The head a trip to Australia to fill up the
averagesc of the Surrey batsmen:in their
county matches are—
C. G. E,, affyn, nineteen and two over, and
Lane, .1., seventeen matches
played
between Surrey and Nottingham, each has
won five, ytawpb
opu etlabreys

a Great
present
sition to
fter her
17th of
r. Thos.
the en-
the pre-
a dozen
" aban-
artment
,hdrawn
Finding
without
lirectors
eholders
the best
Le state-
. sum of
xpended
;hat this

laying
)paratus
T of the
, screw-
s in the
)itrators
, but the
-ment on
sums for
order of
[abilities
voyage
)le loss.
ered ad-
s of the

to lay
cordance
and
tve been
irs of the
prietors.
sum of
carrying
F 2s. 6d.
but the
be raised
)scribed,
r off the
impton ;
contracts
ere were
,nd there
arbitra-
ick there
Ling the
n of Mr.
ed as to
be able
3 highly
eholders

very
can be
stance,
resent-
led are
s, ana-
atten-
of the
al and
ch the
Satur-

leven
up tho
i their
r, and
he ten
ha ■