The Sun.
London, England, 1867-07-15 00:00:00

WOOL.

No sales of importance have taken place in colonial
wool by private contract, yet prices rule firm. In English
wool there is a fair demand at full quotations. The im-
ports into London last week consisted of 2,170 bales from
Algoa Bay, 142 Buenos Ayres, 9,922 New Zealand, 9,473
Sydney, and 2,733 bales from Adelaide.
Current prices of English wool per lb.
s d sd
Fleeces—South Down hogets L 41 1 5
2
half-bred do 1 51 1
Kent. fleeces
South Down ewes and wethers 1 3 1 4
Leicester do
Sorts—Clothing
Combing

trp nal CM Llk4/ Cr

HER MAJESTY, dm

OSBORNE, July 14.

Her Majesty, accompanied by their Royal High-
nesses Princess Louis of Hesse, Princess Louise,
Prince Arthur, Prince Leopold, Princess Beatrice,
and Prince Louis of Hesse, arrived at Osborne yes-
terday evening, at a quarter before eight o'clock.

Divine service was performed this morning at
Osborne before their Royal Highnesses Princess
Louise, Prince Arthur, Prince Leopold, Princess
Beatrice, and Prince Louis of Hesse.
The Rev. R. Duckworth officiated.

Archbishop Manning and the Address to

the Pope.

-~---

TO THE EDITOR OF THE TIMES.

Sir,—As you have conveyed to your numerous
readers the truest as well as the most eloquent de-
scription of the great festival of the Centenary of
St. Peter allow me to thank you for it, and to
direct your attention to some erroneous statements
which have appeared in various journals respecting
the compilation of the Address presented on the Ist
of July to his Holiness by the assembled Bishops.
According to those statements the draught of the
address was prepared by Atehbishop Manning, and
gave rise to debates in which the majority of the
bishops, and especially of the English bishops, de-
cided by their votes that certain passages reflecting
on the Czar of Russia and on Victor Emmanuel,
and in praise of the Roman people, should be struck
out of the draught. These statements are in every
particular incorrect.
By sending a special correspndent to Rome on
this important occasion you have evidently antici-
pated the desire of the public to be fully informed
of the chief events that marked it ; and you will
perhaps allow me, as having been present and en-
gaged in the preparation of the address, to offer a
statement of facts which, through your columns,
will reach the eyes of those who may have been
misled by the correspondents or writers in other
papers.
When an address was projected the bishops of
each nation deputed one or more of their number to
represent them in a commission, to which body the
duty of preparing the address was to be intrusted.
The English bishops, eight in number, unanimously
selected their archbishop as their leading represen-
tative, communicating verbally, and not in writing,
to him and to myself as his colleague their views as
to the subjects that would probably be mentioned
in the address. They had occasion to state their
opinions on other important matters through the
archbishop, and, throughout, the most perfect
harmony of opinion existed between him and his

colleagues.
When the deputies of the different nations met
on the 22d of June Cardinal de Angelis, as senior
by consecration, read a draught of 15 points, which
were proposed as the basis of the address. This
draught had been prepared by a Roman prelate of
high standing under his auspices, and was in Italia°.
Some of the bishops wished to hear it read in Latin.
It was, therefore, read in Latin first by the Cardinal
Bishop of Besangon, and afterwards by the Arch'
bishop of Colocza in Hungary. It was at one°
unanimously adopted, the Bishop of Gran Varadino,
of the Oriental rite, suggesting that the address
should contain au expression of the gratitude of the
Orientals for the unvarying kindness with which
Pius IX. had treated them ever since his election.
Following the precedent of 1862 it was then resolved
six prelates, with Cardinal de Angelis at their
head, should frame the address, and read it on the
following Wednesday, the 26th of June, to the
General Commission. The Sub-commission rc
quested the Archbishop of Colocza and the Arch-
bishop of Thessalonica to take the 15 heads approved
by the general commission, and to draw up a°
address founded upon them. After two days their
draught was printed, and with a few verbal al-
terations was the same which was signed and Pre-
sented to his Holiness. Neither in the heads, nere
in the address, was a word contained either 01

the Czar of Russia or of Victor Emmanuel, and the
passage relating to the loyalty of the Romans stands

in substance now as it stood then. The address
was unanimously accepted by the whole commission'
No division or voting ou any portion of it was 5°
much as proposed. The whole commission felt that
it correctly and completely expressed the meaning of
the draught read by the Cardinal President. It was
engrossed and signed on the 27th and 28th.
I trust that the prominence which has been given
to the Roman letters in all the leading newspapers
will be my excuse for troubling you with these de-
tails in order that the truth may be fully known ;
and that it may be evident that the external splew
dour and religious magnificence portrayed in your
columns were not more wonderful than the coin;
plete harmony that united bishops and clergy and
laymen with their spiritual head during this solemn
celebration.
The address was at once signed by all the bishops
in Rome—that is, by more than one-half of the
whole number of bishops in the Catholic world.
I beg to remain, Sir, your obedient servant,
t THOMAS GRANT.
St. George's, Southwark, July 13. ,

The Earl of Belmore, the now Governor of Not
South Wales, will not leave England to assume his duties
at Sydney before October.—Sir William Fergusson, Bart"
will, in all probability, succeed the late Sir WillisSi
Lawrence as Sergeant-Surgeon to the Queen.—Judgra°llt
in the Breadalbane Peerage case will be delivered 0'
Tuesday next at half-past ten.—Sunday Gazette.
REGISTRATION OF VOTERS.—Next Saturday
the last day for voters to qualify themselves to be in the
list of voters for the current year. All rates and taxes
previously to the sth January must be paid on or bef°-
the 20th July inst.
THE TURKISH BATH AND THE SULTAN'S SUITE;
—The directors of the Turkish Bath in Jennyn-streed
having invited the suite of his Imperial Majesty the Sulu
-
to avail themselves of it many have already paid this °stll:
blishment a visit, and have expressed themselves as grestiyi,
satisfied. Some came immediately after the journey' °-
Friday, and a great number on Saturday. of
THE BELGIAN VOLUNTEERS.—In consequence
numerous applications, made apparently under the inWe:;
sion that Miss Burdett Coutts's grounds would be open
the public by tickets upon the occasion of her party
of
Friday, the 19th of July, we are requested to state that °
only is this not the case, but that it has been found oecc°t;
sary greatly to limit the number of invitations, in order d.
secure the convenience and pleasure of the guests iOitest
For the same reason it has been found necessary to reclue4
the company to arrive not later than a quarter before tbc,`,
o'clock, as after that time the road must be cleared for tP
Belgian Volunteers.
The Monetary Conference held its last sitting °II,
Tuesday, and approved the report of M. Parien, sulo,
marising the deliberations and views of the Confereo°of
The members before separating passed a resolution.

thanks to the president, Prince Napoleon.
On Monday, July 1, the confederated existevce
of the British provinces commenced. Lord Mencli
the Viceroy of the new dominion of Canada'
e
arrived at Montreal, and on that day assumed :1)d
reins of Government. The Cabinet is formed
eleven Ministers—seven from the present provinced
of Canada, and four from the lower provinee;i
under the Premiership, it is thought probable,
0.
the lion. John A. Macdonald and the o°e.
Alexander A. as Galt, Minister of 1100%
Dominion-day is to be celebrated, and probably '
be kept. hereafter as a holiday.

MONEY MARKET

A ND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

We have no change to report in the market for
discounts. There is plenty of money, and the
last commercial bills are negotiable as low as 1 per
cent. It consequently follows that the inquiries at
the Bank are very limited, and that in all proba-
bility the minimum will be reduced to 2 per cent.
Such a movement will not be of much benefit to
trade, because it is increased trade rather than
easier money which is desirable. The weather
is satisfactory, and the light rains of this morning
will so far, at present, conduce to the benefit of the
harvest. From all parts the agricultural accounts
are splendid, and there is reason to believe that the
country will not be compelled to spend the average
for foreign cereals. This, cf course, would be in
favour of easy rates of discount, especially as there
are for the moment no enterprises calculated to

take our money away.
At the meeting held to-day of the New Consoli-
dated Discount Company a dividend of 2s. per
share (free of Income-tax) was agreed to.
The accounts from the manufacturing districts
for the past week are of a less satisfactory character
than of late. At Manchester prices of cloths and
yarns have further declined, while in the woollen
districts of Leeds, Bradford, and Huddersfield the
dealings have only been to a moderate extent and
for immediate home demand. The hosiery and lace
departments of Leicester and Nottingham, however,
have shown a decided improvement, consequent
upon orders from the American markets, while in
the hardware districts of Birmingham, Sheffield, and
Wolverhampton there has been little change of im-
portance ; future prospects, however, aro looked
upon as being more satisfactory.
At the Bank of England on Saturday there were
no gold operations of importance.
The West Indian Mail Packet Tasmania has
arrived with £194,996 in specie; and the Palmyra
from New York has brought £71,000.

Atlantic and Great Western Railway Debentures
have advanced 1 to 29 31, and the Consolidated
Mortgage Bonds to 23} 24.
The result of the poll of the London, Brighton,
and South Coast Railway Company was declared
at a special meeting held this day, when it was
found that the directors' proposal to amalgamate
with the South Eastern was carried by a large
majority.

Two o'CLocK.

Early this morning Consols receded if per cent.,
but since a full recovery has taken place and the
market appears buoyant. The dealers appear to
be doing their utmost to keep values down, but
their efforts in the main are futile. Government
Stock is required not only on account of investors
but by speculators likewise, the latter buying for-
ward because there is every promise of a further
rise. Consols are 941 - for money, and 94/ for
the account.
The New Threes and Reduced Annuities are
93i 94 ; New 2 per Cents., 77 ; and India 5 per
Cents., 1111 I.
There is very little business being transacted in the
Foreign Department, the dealers being principally
engaged in the settlement. Spanish Passive show
decline of 1, to 21 / ; Turkish 5 per Cents. to
31 ; but Chilian Scrip has advanced Q, to 1
premium. Italian are unchanged at 491 i- ; Mexi-
can, at 16 j; Spanish Certificates, at 15i ;
Greek, at 141 4 ; and Russian Scrip, at 1 prem..
A very limited amount of business has been trans-
acted in the Railway Share Market, the dealers,
and speculators having been chiefly engaged with
the settlement. Great Eastern and Midland have
each declined 1; while Brighton have improved 1;
South Eastern ; and Metropolitan

Bank Shares remain inactive. London and
County New Shares, hosvever, have improved to
221 ; Chartered Mercantile of India, London and
China remain at 274 ; and English, Scottish, and
Australian Chartered at 17 17f.
Miscellaneous and Finance Shares are exceedingly
dull, and the few dealings entered into have caused
no material change in value. Anglo-American
Telegraph are marked 181, Telegraph Construction
and Maintenance 161, Peninsular and Oriental
Steam New Shares 41 411, Hudson's Bay Company
15, and Scottish Australian Investment 123.

The Foreign and Colonial lines are inactive, and
without change of importance. Great Luxemburg
are dealt in at 101 ; East Indian, at 107} 108 ;
Great Indian Peninsula, at 1061 1071 ; and Bom-
bay and Baroda, at 100 k.
American Securities have been inactive. Illinois
shares remain at 801 ; Erie shares, at 45i 46 ; but
United States 5-20 Bonds have declined to 73.1.