The Sun.
London, England, 1858-03-11 00:00:00

ELECTION OF ALDERMAN FOR THE

WARD OF CHEAP.

The polling commenced this morning at ten o'clock,
at the Guildhall Coffee-house, King-street, Cheapside,
for the election of a fit and proper person to fill the
office of Alderman for the Ward of Cheap, in the
room of Mr. R. H. Kennedy, resigned. This is
one of the smallest wards in the City, numbering
only 245 voters. The polling was very languid through-
out the day, notwithstanding the energy displayed by
the partisans of the respec.ive candidates, Mr. Sheriff
Allen and Mr. Causton. Both gentlemen stand very
high in the estimatioa of the electors. Throughout the day
the numbers polled were in favour of Mr. Sheriff Alleu,
while the supporters of Mr. Causton attributed to the
fact of Mr. Sheriff Allen baying been some days in the
field before that gentleman himself, and had obtained
promise of support from the electors, from an impres•
Edon then prevalent in the ward that there would be no
contest. At 1T o'clock, Mr. Sheriff Allen was 19 a
head, which was iucreaeed at 12 o'clects to 32, and at
one o'clock it was only 34. At two o'clock the numbers
were—

For Mr. Soeriff Allen
Mr. Causton
Majority -37
Consequently Mr. Sheriff Alle❑ will be the successful
candidate, it being coneidored impossible that Mr.
Causton can poll a sufficient numbar to turn the
majority in his favour.

MONEY

Yet A K T
.41..1,

o' tr...r:TAL NIT:LLTOT.Ne

CITY, Two O'CLOCK.
Accounts from Liverpool report that the Cotton
Market yesterday manifested a rather flat ap-
pearance, and rriees of all descriptions wee folly
id. per lb. lower. The sales were estimated at
4,000 bales, 500 of which were taken by the
exporters.
The principal portion of the gold received by the
Oliver Lang has been purchased for transmission
to the Continent. The only purpose to which these
remittances are applied, so far as can be ascertained,
is the purchase of silver intended for export to
India. The steamers trading between the Conti-
nent and this country bring small consign-
ments of silver every day, and the consequEnce
is that shipments of gold are made from this
side. When the value of the metal thus
received is calculated, it is found that the
weekly shipments of gold to France and Belgium
are to a corresponding extent. Mails to India being
now dispatched every week, there is a continuous
demand, and thus the public must be prepared for
a partial diversion of our imports of gold from
Amer;ca and Australia. The receipts from the
former country are now rather smaller, and the
bullion iu the New York city bunks is r ipidly in-
creasing. The la,e,t a 1 vices A:ate that the tot,l
reserve was considerably larger than ever before
known, namely, upwards of six millions sterling ;
it was thought that the exports were likely to
diminish rather than increase. Even if there is a
diminution in the supplies from that quarter,
however, no doubt can be entettained but that
those from Australia will be main-aiuedonan exten-
sive scale, and the vessels already due will bring
amounts which mug ensure a further augmentation
of the bullion in the Bank of England. It is alleged
that the specie in the Bank of France has considerably
increased during the month, and the return which
will be published to-morrow is expected to show
an improvement in that department, and also a
decrease.in the discount operations of the establish-
ment.

A report has been issued by the Van Dieman's
Land Company, which states that during the year
only 1,0001. has been received from the colony,
and no dividend is, therefore, prop 'std.
A dividend of 4s. in the p mud is announced by
Messrs. Lichtenstein and Co., German merchants,
'Who failed at the close of list year.
At the annual meeting of the New Brunswick
and Nova Scotia Land Cinspany, to-diy, a report
Was read stating that the sales of land i❑ the past
year had been 4,458 acres, against 3,368 acres in
1856, being an increase of 1,090 acres, at 4s. bid.
per acre. The sum rsalised was 1,0021. There
Was no dividend made on the occasion, and the
report was adopted.
Very little business is reported in the Discount
Market, the supply of bills bring liwited. At the
same time, however, they are rather more numer-
ous than they were, a slight improvement being
apparent in some branches of trade.
The Bank of England Directors, at their meeting
to-day, made no alteration in their discount regu-
lations.

There is still a heavy tone pervading the Stock
Markets, and the prices tend downwards in the
absence of much business. Indeed, the very
limited character of the speculation is enough to
%use flatness ; but, when the anxiety respecting
Political affairs is added, no surprise can be felt
at the drooping appearance of the Funds. Consols
hat's been 96i 97 for mcnPy, and 965 97 for account.
A special transfer of the New 3 per Cents. has
been made at 973/4. Exchequer Bills are about
34 to 42a. prem. ; and the Bonds, 100/ to 1011.
Transactions in the Foreign stock Market are
limited, but prices do not exhibit any variation.
Turkish 6 per Cents. are 101 to 101 i ; ditto 4 per
Cents., 1035104 ; Mexican 3 per Cents., 20 ; Peru-
Vian 43/4 per Cents., 80i ; Russian 41 per Cents.,
991 100 ; Spanish P4s.ive, 6,1; Belgian 43/4 per
tents., 99/ ; Dutch 2i per Cents, 66 ; Ditto 4 per
Per Cents., 101.
The last week's railway receipts, ascertained up
this day, are in round figures as under :-
18b8.
X 22,485

Greet Western....

1857.
£25,338

North-Western
ti onth-Western
4,jighton 8,297 11,609
Midland
Bonth-Eastern
Great Northern
Lancashire and Yorkshire 20.006 22,405
Bristol and Exeter 5,310 5,619
etisokter and Holyhead
ast Lancashire 5,318 6,765
Lancaster... and Carlisle
144.nchester, Sheffield, & Lincoln 8.668 9, 014
PNorth.Eastern
itford, Worcester, and Wolver 3,726 3,823
41nth Devon
4,dinburg h, Perth, and-Dundee
rtlinburgh and Gla.gow
uilaigow and Sou, h-Western
Isolttisb North-Eastern 3,330 3,180 1
Grand Trunk of Canada
Great Western of Canada... 6,779 8,938
The transactions reported in the Railway Sha re I;
karket this morning have been rather numerous, 11
hue, owing to the unfavourable traffic returns, I;
moat of the leading lines show a decline of about
to
Great
1 per cent, on previous values. Great Northern,
,_ Western, Lane ishire and Yorkshire, and
44idls.nd declined ss. North-Western, North
liritish, and South Eastern, 10s. ; and Caledonian,
~astern Counties, South Western, and North-
;astern (Berwick), and North-Eastern (York), 11. '
he Foreign lines were very dull. Northern of
t i
prance and Eastern of Franc recer'ed about ss.
In the Colonial lines a limited business was
transacted. East Indian declined about ss. ;
grand Trunk of Canada Debentures, 11.
.vkining Shares are very quiet. Great Wheal
or are Ji 2 ; Vale of Towy 11 ; andCobre Copper
de 1.
e-tined to 404 41.
,reint Stock Bank and 11x1,scellaneous Shares are
11 Chartered
Bank of Egypt have declined 10s. ; London
‘ll:lo.rtered of Australia 6s. ; and London and West- 1
inster 10s ; and Auglo Mexicaulint are quo ed
lua
441 to 16i,

illtatSE FUNDS THIS DAY AT ONE

i'rom the Oltinal LTst:t

a Busineas done.
4.110 r 'lent Consols knnnitles
c.''w 3 per Cent. Annuities Shut 97A
"ols for .iccount
Rlt::):coner hills,',,tti
WOO
, S.
.4,szchequer ?fonds, 1.5 k, .11 per Conz, —
'JUG. i 859
Alp
CE$l OF FOREIGN FUNDS AT ONS O'CLOCK
4r.„__
5i
~- Bonds
-I,zicau per Cent —
1, witty, Account
i)itto
etuvian Bonds, 44 per Cent
li Account,
ilkiiall ,londs, M:...', : SL, per Cent....
~1")itto, 44 por Cont.
u• t% c,,,dtts, 3 per - 'nut
I, big.. Passive . 64
4,ricieb Bootie, , puli cent -Ditto Guaranteed, i per Cent.
Ditto Account..... ..
Dividends on the above payable In London.
11,elgian 4i per Cent., ex. 25 francs .. ...... 994
ca Ex - al.-. , 4:., per Cen;., 1.2 Guilners 66
4)0. 4 ,er Pent. Gortificates . ...
T W 0 0'01,( )(7F: .
. 964 i
.. 96i 7

Consols money
Ditto, Aecoun t

C The Duke and Ducheqi of Sutherland have issued
tikrilg for a grand dit,ner on the 17th inst. to their R yal
4f4buesses the Duche:. ~f C4rubri,lg and the Princess
4,p at Stafford House.
tlj Marchioness of Salisbury will have an assembly
Vivening at the family mansion in Arlington-street.
fro," Earl of Carlisle will arrive in town this evening
hirid",bublin. The noble earl will stay with the Duke
T.'"uchege of Sutherland during his sojourn in town.
s'a BILLETING SYSTEM. —The lirensed victuallers of
k),:tPool are about to be rt-I,eved of a great annoy-
ept'' la? the arrangements which Gny...ri.,m-nt have
Rbi red into for the purchase of Ru ert Hove, Everton,
of is to be converted in a barracks for the reception
,t.cruitk
11,,ne Sardinian Government have refused to deliver up
N;121244 Hodges to the French police. The French
to t1;111/nent, on the other hand, have turned a deaf ear
avolication of Piedmont to support their claims
I,I:TA Naples in rf,e. CA e f the C 4vhari.
tf MARCH or KNoWLEDGE Th• p pular ign, ranee
ilthe ortaheenridightened age is something astounding.. Only
ay, a zealous antiquary, looking for Dryden
's
in Petter-lane, made some inquiry of the police-
4. " Dryden, sir," said the latter, "Dryden ?
' luau a little backward in hie rent 7"