The Sun.
London, England, 1867-09-21 00:00:00

COMMERCIAL.

NEW YORK, Saturday, Sept. 7.
The most noticeable feature of the week has been the
rise in the price of gold, which yesterday closed at 1421
after selling at 1421. The clearings at the Gold Exchange
Bank were $65,896,000, and the balance $762,565. Mr.
M'Culloch has, through means of the Associated Press,
given circulation to the correction of a clerical error in
the Debt bearing currency of the statement of the Ist
instant.

THE PUBLIC DEBT.
CORRECTION OF THE PUBLISHED STATEMENT.

Washington, Sept. 6.—The Secretary of the Treasury
has addressed the following letter to the Washington Agent
of the Associated Press :

"Treasury Department, Sept. 6, 1867.

" Sir,—ln the statement of the Public Debt on the Ist
there was a clerical error in the amount of debt bearing
currency' interest in the three year compound interest
notes by not deducting the amount that had matured—
sl2,672,73o—from the total amount then outstanding, viz.,
$91,512,330, which should have been $78,839,600. The
total amount outstanding on the Ist of August matured,
and not matured, was $114,857,850. Of this amount there
was redeemed during August $24,345,520, leaving the total
outstanding Sept. 1, 1867, $91,512,330.
" This correction leaves the debt outstanding, less
cash in the Treasury, $2,492,783,365.05, instead of
$2,505,456,095.05.—Very respectfully,

"H. M'CuLLocu, Secretary of the Treasury."
Money continues abundant at 4 to 5 per cent. on call on
Governments, the first class commercial bills being dis-
counted at from 6to 7. At Chicago financial affairs re-
main much the same, as there is a plentiful supply for
sound transactions at 10 per cent. The excellence of the
crops gives great satisfaction throughout the country and
some strength to business transactions. The advices from
Alabama represent the harvest as unprecedented, the
portion falling to the freedmen alone being greater than
the number of bushels of the entire corn crop of Alabama
in any previous year. A correspondent of the Tri-
bune states that the fodder is so immense, and
the weather so favourable, that it will be very many
years before another bale of Ohio grass is used by a
farmer in Alabama. Hay had fallen from 60 to 70 dollars
a ton, the prices of lass spring, to about a third of that
sum. The cotton crops of Georgia promise well, but from
Louisiana the accounts are bad. The Charleston Courier
thinks the crop will reach 2,500,000 bales, if circumstances
continue favourable, but it might be reduced to 2,000,000
bales by an early frost. Prom all I can gather, this
amount is considered a fair estimate of the coming crop
which is now being gathered. Alabama, it is thought,
will give 700,000 bales. The statement of the Public
Debt to the Ist September is as follows :
Debt bearing interest in coin 81,715,687,741 80c
Debt bearing interest in paper
Debt on which interest has ceased 19,440,375 87
Debt without interest

Total debt, September 1 52,653,792,189 64c.

The Treasury vaults contained at that date $101,263,020
in gold, and $47,073,074 59c. in currency, giving a total of
$148,336,094 59c. This balance when subtracted leaves
the debt at $2,505,456,095 05c. The letter we have given
above corrects a clerical mistake reducing the total to
$2,492,783,365 05e., which, 1 need scarcely say, is a satis-
factory result.
The transactions yesterday at the Sub-Treasury were :
—From Customs, $506,000 ; gold notes, $64,000 ; total
receipts, $2,214,419 56; total payments, $778,251 50;
balance, $112,633,339 54.

The receipts of the Western Union Railroad Company
for the week ending August 31 were :-
1867. 1866. Increase.
$33,095 52 $26,831 20 $7,264 32
From January 1 to August 31 :-
1867. 186 G. Decrease.
$394,044 52 $499,545 15 $105,500 63
Foreign Exchange is firm. Bills at 60 days on London are
quoted at 109 to 1091 for commercial; 1091 to 110 for
bankers'; do. at short sight, 1091 -to 1101 ; Paris at 60
days, 5.184 to 5.15 ; ditto at short sight, 545 to 5.131 i
Antwerp, 5481 to 515 ; Swiss, 5181 to 5.15 ; Ham-
burg, 351 to 361 ; Amsterdam, 401 to 41; Frankfort,
401 to 41; Bremen, 781 to 781; Prussian thalers, 711 to 72.
Government Bonds continue in demand, and have improved
fractionally on the advance of gold. As yet the Democra-
tic agitation for redeeming the 5-20 gold bearing issues in
currency at the expiration of the five years has only so
far affected them as to prevent a higher rise in sympathy
with gold. The market for railway shares is heavy on
continued inaction. To-day the books are closed for Erie,
which led yesterday to some cash transactions in the Stock
to influence the elections. New York Central closed at
1061 to 1061, with much firmness, as well as North Wes-
tern Preferred and Rock Island.

Erie 69f 699, Reading 102 f 103, Michigan Southern 829
83, Cleveland and Pittsburgh 874 88}, Rock Island 1041
1041, North-Western 461 ;161, North-Western Preferred
701 701, Fort Wayne 1051 106.

(From Messrs. Belding, Keith, and Co.'s Circular.)
80, Lombard-street, E.C., Friday Evening.
Since our last report of this day week the market for
American Securities has been tolerably active. Some con-
siderable shipments of United States 5-20 Bonds have
been received and offered in the market, and this, coupled
with the maintenance of th 3 high premium of gold in Now
York, has depressed quotations, although prices would
have fallen considerably lower had it not been for the ne-
gative demand both on home and continental account.
The last telegraphic despatch from New York announces
the agitation of the question of paying off 5-20's
in currency, but this has had no effect there beyond
causing a decline of 4 per cent. in both issues. Yet
there are many dubious holders on this side, and
we think that it would be a wise policy on the
part of Congress were they to make a supplemen-
tary act, stating that this debt, as a rule, is a
specie obligation, and will be paid as such. We are fully
convinced it would enhance the market value of the Bonds,
augment the number and amount of investments, and more
fully establish the credit of the United States Govern-
ment. The 1862 and 1865 Bonds close this evening at
724 73, and 704 to 4 respectively, which is an improve-
ment of 4 per cent. on last week's figures. There is still
a difference of over 2 per cent. between the two issues,
notwithstanding that the 1865's meet with a very good in-
quiry. Nothing has been done in Eries, and they close
very flat at 434 to 4t4. Illinois, for which there is a tole-
rable demand, touched 78 on Tuesday, but they have since
receded 4 per cent., leaving off to-night at 77 to 771. Rail-
way Bonds are quiet; Atlantic and Great Western Deben-
tures are stead
Mortgage Bonds at 224 to 22i.
y, at 254 to 264 ; and the Consolidated

(From Messrs. Bowles, Brevet, and Co.'s Circular.)
Paris, Sopt. 20, 1867.

Via Queenstown, the advance in gold in New York,
together with the general weakness of the Bourso, have
occasioned some decline in Americans, which we quote,
closing• September 19 :-1862, 82a ; 1865, soi 80}, the
latter, as will be seen, again ruling at a disadvantage of
quite 21 per cent.

Our advices from Now York are to the 18th inst. :
Gold, 144 i; United States Bonds (1862), currency.
The Bente closes at 6B 95
The Italian closes At
Exchange on London 25 21
Annexed will bo found the official statement of the
Public Debt of the United States on the Ist of September,
1867, which we have just received from the Secretary of the
Treasury.

(From E. E Satterthwaite and Co.'s Weekly Circular, Sept. 18.)
Our advices from New York, by the Scotia, aro to the
4th instant ; they report a slight improvement on previous
quotations for the public funds, but there was but alirnited
demand. Railroad Stocks were steady, with a moderate
amount of buying. Cleveland and Toledo and Michigan
Southern both show an advance, the former on a rumour
of a contemplated amalgamation with Lake Shore lino.
State Stocks and Railway Mortgages remained without
any noteworthy charge.
After our last of this day week the London market for
United States Government Bonds was slightly depressed
on fresh importations, but from the very largo demand on
Continental account, as well as a moderate steady home
absorption, the quotations gradually improved until yes-
terday, when advices by telegraph from Now York an-
nounced that the question of paying off the 5-20 Bonds in
curroucy wg§ asaiu being agitated, and although thin has

been frequently done by political aspirants when address-
ing Western audiences, and hence ceasing to have much,
if any weight, it is especially to be regretted that
any clique in the States should be found willing to
jeopardise the credit and good faith of the Government merely
to answer some party political end. It is true that there
is nothing either in the acts of Congress authorising the
issue of the bonds in question, or on the face of the bonds
themselves rendering it compulsory on the Treasury to
redeem them at maturity in gold ; but they have been so
largely taken both here and in Europe generally on the
repeated assurance of the TJnited States Government that
they would be paid off in gold that it would be almost
tantamount to repudiation to assert now that they are to
be redeemed in currency. We think it woul•I be a wise
policy on the part of Congress to set this vexed question
at rest by a short supplementary act, declaring that this
portion of the debt in all particulars, both as to interest and
principal, is a specie obligation, as we feel assured it would
inspire great additional confidence to investors on this side
of the Atlantic.

Tho old issue of 5-20 Bonds close 721 to 73, and the
1865's 708 /. Erie Shares have been dull and neglected,
but Illinois have been in sound request, and were taken
early in the week at 78, but leave off slightly easier, the
last price being 77 to 77/. Atlantic and Groat Western
Debentures aro last quoted 25/ to 3G, and Consolidated
Bonds 22 to 23.

THE PAN-ANGLICAN CONFERENCE.

(From the London Standard of Friday, Sept. 20.)

Seven o'clock in the morning is rather an early
hour at which to hope to gather together a congre-
gation in a City church, especially when it is re-
membered that few Londoners reside within three
or four miles of their places of business. At St.
Lawrence's Church, Gresham-street, yesterday there
was, however, a very fair average congregation at
the early celebration of the Holy Communion. The
Rev. B. M. Cowie, the vicar, was the celebrant.
The choir numbered upwards of 50, and several
clergy were among the congregation.
The Bishop of Arkansas, United States, took his
place at the north side of the altar, and Bishop Tozer
at the south side. This former prelate advanced to the
altar rails and gave out as his text St. John, chap.
vi., v. 8-9, " One of His disciples saith unto Him,
There is a lad here which bath five barley loaves and
two small fishes ; but what are they among so many ?"
The bishop alluded to the difficulty of our realising
at the present day the scene depicted in the
parable from which the text was taken. That, out-
wardly, referred to personal wants alone ; but it
depicted the Church even in the, present day ; it
pointed to the vast multitudes growing up around
us on every side in ignorance and sin, and about
whom we could not fail to hear, in the still small
voice of conscience, our Lord's saying, " I have
compassion on the multitude." The bishop then
alluded to the Church in the United States, and re-
marked that, although in the States the number of
clergy was much smaller than in this country, the
number of bishops was proportionately very much
greater, and there was the great distinction also
that in the States there were more bishops than dio-
ceses-34 dioceses and 42 bishops. Some of these
were assistant bishops and some missionary bishops,
several of the latter being in charge of upwards of
200,000 square miles of country, of regions still in-
habited by the Indian, and almost inaccessible.
They laboured from Oregon, in the north, adjoin-
ing the Russian territory, to Mexico, in the south.
The bishop then gave some details of the work of
the venerable Bishop of Wisconsin, the first mis-
sionary bishop of the United States, who was con-
secrated in 1835, and whose whole energies had
been devoted to the work, who had been gratified to
see in his lifetime
.5 missionary bishops within the
sphere of his original diocese, each having au aver-
age of 43 clergy, or 200 in all. But the offertory
of the morning would be devoted to the new
missionary diocese of Montana, Idaho, and Utah,
to which the young but devoted Bishop Tuttle was
last year appointed, and whose pioneer had under-
gone so much danger and hardship. He asked for
the prayers and sympathies of those present, assur-
ing them that they would go on in the fear and
the faith of God, trusting that in his own good time
He would be pleased to grant them the result for
which they laboured. The Bishop then, with uplifted
hands, feelingly recited the invocation.
The choir sang the hymn, " Bread of heaven on
thee we feed." Bishop Tozer pronounced the
absolution. About 60 persons communicated, be-
sides the choir and officiating ministers. The Bishop
of Arkansas, with uplifted hands, pronounced the
benediction, and so ended one of the most interesting
services of the series, cementing the bond of union
between the Church of this country and her
daughter Church of the United States.
The offertory amounted to over £lO.

At one o'clock the church was so crowded that
great inconvenience must have been sustained by
the worshippers, who, however, carefully attended
to the service, and evinced their interest in it even
to the conclusion. The choir sung the usual pro-
cessional hymn. The "Te Deum" having been
sung, and the hymn, " To thee, 0 dear, dear coun-
try," the Bishop of Rhode Island, U.S. (the Right
Rev. Dr. Clark), delivered an address. The right
rev. prelate dispensed with a text, and gave an
account of the past and present history of the Ame-
rican Church, from the time when the Society for
the Propagation of the Gospel established its first
mission on the shores of New England, in 1702,
when the population of the North American colo-
nies was computed at 250,000 by Colonel Dudley,
the then governor, to the present time, when it ex-
ceeds twenty millions. The early missionaries in
North America laboured single-handed amid mani
fold difficulties, and did all that men so situated
could accomplish. In later times there has been
more perfect organisation and resources have in-
creased, but there is everywhere the cry for help,
and thus a work of surpassing importance was com-
mitted to the Church. The bishop very carefully
avoided any political allusions, and his address
throughout was that of a Churchman speaking for
the sake of his God and for his fellow-Christians
throughout the world.

The Bishop of North Carolina (Dr. Atkinson)
pronounced the blessing. The recessional hymn
was " 0, Paradise." In addition to the home clergy
present we noticed the Bishop of Jamaica, the
Bishop of Arkansas (U.S.), the Bishop of lowa
(U.S.), the Bishop-designate (by the Church) of
Pieter - Maritzburgh, the Rev. M. D. Walker, of
New York (U.S.), &c. ; and amongst the congre-
gation were Philip Cazenove, Esq., and many well-
known " City" men. The offertory amounted to
upwards of £3O. There was so great a crowd out-
side the church, and unable to gain admission, that
it really must be a matter of regret that the metro-
politan cathedral is not opened for such services.
The rector of a City church undertaking the work
(we presume at considerable private expense) is
entitled to the best thanks of all who are privileged
to join in any one of the services.
Long before the time for opening the doors for
the eight o'clock service the approaches to the church
were thronged, and the few remaining citizens who
consider it expedient to reside and to sleep within
easy distance of " Old Cheape" were quite asto-
nished at the great influx of strangers to the regions
of business, and the more so because the aforesaid
strangers were on devotional and not on business
purposes intent. Within a few minutes after the
doors were opened every seat was occupied, although
a large amount of extra accommodation had been
provided. The procession entered headed by the
choir singing the usual hymn, and among the clergy
who followed were the Rev. Dr. Evans, Rev. J.
Trew, Rev. W. R. Scott, Rev. G. P. Pownall, Rev.
R. Sanders, Rev. J. V. Walters, Rev. W. Panck-
ridge, Rev. Dr. Finch, Rev. W. W. Roberts, Bishop
Tozer, of the Central African Mission. The preacher
of the evening was another prelate of the United
States, the Right Rev. Dr. 11. W. Lee, of lowa,
who selected for his text, St. Matthew xiii., verses
31, 32 —" The kingdom of heaven is like to a grain
of mustard seed, which a man took, and sowed in
his field ; which indeed is the least of all seeds : but
when it is grown it is the greatest among herbs,
and becometh a tree, so that the birds of the air come
and lodge in the branches thereof." It would, per-
haps, be difficult to select any more appropriate text
for a discourse on missionary work, and it was cer-
tainly treated in a most masterly manner. The
preacher has the advantage of a fine voice and great
eloquence. Every word was heard in which he exem-
plified the parable, and showed how the mustard-seed
represented the word of God. At first it was minute
and almost imperceptible, but it gradually grew

and expanded like the tree of the parable--a single
conversation, the quotation of a single text of the
inspired writ, had in numerous instances effected
the most wonderful results, and thus it was with the
great missionary enterprise of the Church, com-
mencing with the feeble and almost insignificant
efforts of the pioneers of the faith in the earlier
stages of missionary enterprise. The bishop's dis-
course was remarkably good, and was listened to
with the most commendable patience when the
great length to which it extended is taken into con-
sideration.

The offertory was, at the desire of the preacher,
devoted in moieties to the Society for the Propaga-
tion of the Gospel and the Church Missionary
SociQty.

Some of our contemporaries have persisted in
stating that the Rev. Francis Lyne, better known
as Father Ignatius, has taken part in these services.
Without reference to other considerations it is only
fair to state that the statement is entirely without
foundation. Mr. Lyne has not officiated at either
of the services.

BURGLARY AND ATTEMPT TO BLOW

UP A MUSIC HALL.

On Sunday morning a daring burglary was per-
petrated at the Alhambra Music Hall, Dundee, and
a most diabolical attempt made to blow up the
building. One of the property men employed at
the Alhambra, and whose special duty it is to visit
the place on Sunday morning by daylight to see
that all is right, was startled, on entering at nine
o'clock last Sunday morning, to find the whole
place pervaded with a suffocating smell of
gas. He advanced, however, as far as the
stage ; but there he found matters in such
a plight that he hurried off immediately
to the proprietor (Mr. W. M'Farland) with the
startling intelligence that the Alhambra had been
broken into and the gas turned on. Mr. M'Farlaud
lost no time in communicating with the police, and,
having procured the attendance of several officers,
proceeded to the Alhambra. On entering the smell
of gas was found so intolerable that some of the
party had to seek the fresh air in order to recover
themselves. It was found on examination that above
20 of the gas taps had been turned on. These
are situated at the right wing of the stage. On
descending under the stage, it was found that the
whole of the meters and " feeders" had also been
turned on. By this means gas had been made to
flow from every pipe in the establishment, quite as
much as if the hall had been completely illuminated
for an evening performance. It was exceedingly
fortunate that, by a wise arrangement for the
better ventilation of the hall, means were afforded
for allowing free egress to the immense volumes of
gas which must have been collected. As soon as
the hall had been cleared of the gas sufficiently to
admit of an examination being made, it was dis-
covered that the place had been broken into through
a window in the " flies." The frame of the latter
had been completely smashed in, five large paving
stones found under the stage showing bow the work
had been done. Outside the window a piece of
timber had been reared against the wall as if to
enable the burglar or burglars to gain access, and
the adjoining bricks were sprinkled with blood, as
if some hurts had been sustained. The interior of
the hall was found to have been completely ran-
sacked. Behind the scenes, at the " wings," in the
dressing-rooms, under the stage, and in the proprie-
tor's private office, the spirit of mischief had been hard
at work. Every locked trunk and box about the
place had been forced open, the locks rendered
utterly useless, and the contents strewn heedlessly
about the floor. The extensive wardrobe belonging
to the proprietor, as well as private wardrobes of
the various artistes engaged by him, had all received
some share of attention, and costly garments of
every description lay scattered about in " the most
admired confusion." Several articles of dress and
jewellery had been abstracted, but these bore so
small a proportion to the sum total of the goods
which might easily have been turned into "hard
cash," that there is some difficulty in believing the
sole motive of the depredators to have been that of
securing plunder. Among other articles belonging
to the " professionals," which were appropriated,
were a pair of new boots, for which the thief had
kindly substituted a couple of worthless Bluchers.
Mr. M'Farland's private office (near the public en-
trance) had also been entered, and a number of pri-
vate letters belonging the artistes torn open
and read, and afterwards thrown upon the floor.
Several half-burned matches were discovered in
various places, indicating that the burglars had
entered in the dark. We may mention that this is
not the first occasion on which the Alhambra has
been subjected to the tender mercies of midnight
prowlers. A fortnight ago the place was forcibly
entered, several valuable suits of apparel belonging
to the artistes stolen, and a number of locks
wrenched open by violence.—Dundee Courier.