The Sun.
London, England, 1867-06-21 00:00:00

THE PRINCE OF WALES.

The Prince of Wales was present at the wedding
of the Duke of St. Albans and Miss Grey, at the
Chapel Royal, St. James's, yesterday morning.
In the afternoon his royal highness, accompanied
by Prince Edward of Saxe-Weimar, and attended
by General Sir W. Knollys and Lieut.-Colonel
Keppel, went to Woolwich and inspected the gentle-
men cadets of the Royal Academy, and afterwards
presented the prizes to those who distinguished
themselves in the examinations.

The Royal Military Academy, Woolwich•

Yesterday the half-yearly inspection and distri-
bution of commissions and prizes to the gentlemen
cadets at the Royal Military School, Woolwich, te4
place, and the presence of his Royal Highness the
Prince of Wales gave unusual eclat to the proceed'
ings. His royal highness arrived in the enclosure
of the academy grounds at about half-past 3 o'clock)
travelling in a four horse pony phaeton, preceded
by a single outrider. In the carriage with his royal
highness were Prince Edward of Saxe Weimar, Gen.
Knollys, and Col. Keppel. A brilliant staff of field
officers was assembled on the parade ground, con-
spicuous amongst whom were Generals Sir d 01313
Burgoyne, Lord W. Paulett, Sir G. Pollock, Sir
Hope Grant, Gen. Warde, superintendent of the
garrison, and Major-Gen. Ormsby, lieutenant'
governor of the institution, by whom his royal high-
ness was received--the Duke of Cambridge, will
as governor, had been announced to perform ths
duty, being unable to attend, owing, as it 'via!,
stated, to an attack of gout. The royal presence) '-
usual, attracted a very large attendance of ladie
whose bright and gay summer costumes mingledf
harmoniously with the scarlet, purple, and gold
the military uniforms. The Prince having taken Pl"
station as inspecting officer of the day, the cadett
to the number of about 200, were formed intn!i nli
two deep, and the Prince, followed by the staff -
officers, proceeded to examine them, passing
the front of both lines and criticising, apparently
with a favourable eye, the general get up and mili-
tary,4 bearing of the young gentlemen. This was
followed by the customary marching past in sly 0
and quick time, in column and in line, and in ova
and close order, Major-Gen. Ormsby giving the vi°,,re
of command. They were afterwards put through t'
manual and platoon exercise and simple battalion
drill by the senior member of their own body, lkir.;
Wolaski. A slow advance, the band (the Artillery)
playing the National Anthem, concluded this port''
of the programme. Subsequently the company pro-
ceeded to the school of arms, when the cadets'
having been formed into a hollow square, and the,
Prince having taken his seat as the president of tan
day, Gen. Napier read the report which had he
prepared for presentation to his royal highness the
governor, signed by Major-Gen. Ormsby, the lien"
tenant-governor. It stated generally that the gen;
tlemen cadets of the first,clakis recently exalninel
and found qualified for commissions by the Council
of Military Education were also qualified as regarded
drill and military exercises, and that the conduct of
this class had been excellent. The report spoke Ike:
wise most favourably of the conduct of under-offi
cers, corporals and cadets. The progress in studios
had been highly satisfactory, and was equally cre:
ditable to the students and their instructors. 217
practice at Shoeburyness with artillery of different
calibre, under the profession of artillery, had been
extremely well carried out. The riding and gym"
nastic classes were favourably mentioned, and the
practice in the workshops during the hours of re'
creation had been well attended, and had resulted
in many useful and meritorious specimens of work.
The report of the Council on Military Education
was next read, and recommended the following
cadets as having passed the most satisfactory exa-
mination for commissions in Royal Engineers—viz.,
F. R. de Wolski, R. M. Barklie, C. H. M. Ken-
sington, W. G. Morris, H. Denison, W. H. James,
J. H. Thurburn, W. 11. Johnstone, M. H. Greg-
son, and H. H. Settle ; and the following 19 in the
Royal Artillery :—W. W. M. Smith, H. Crofton,
11. Barron, F. C. Symonds, F. A. Yorke, F. R.
Darnas, W. P. Blandy, H. B. Hellard, K.Stephen-
son, W. G. Knox, E. Buckle, F. 11. E. Wilinoit,
B. Evans, G. M. Stevens, E. L. Bevir, F. M.
Vibart, F. Bigg, E. 0. Hay, and R. B. Maurice.
tude
The prizes were then distributed, after which
The Prince of WALES addressed the s nts
tion
nearly to the following effect :—Gentlemen ca:det'gt'o
I assure youit has afforded me much grati.ficad
l
take part in the proceedings of Jo-day,
have derived great pleasure in assisting t.%
in this a
tribution of prizes. My illustrious relative.ereDst
Duke of Cambridge, who takes so deep an int_,„,,t
in the academy, fully intended to be P °
r 7.00
as usual, and I can scarcely tell you ha
,
g-
deeply he regrets that an attack of illness to
prived him of that pleasure. He fully
be here up to the last moment, but finding it
AaCe.
possible he asked me to come and fill his r boo
congratulate you on the improvement you 1.0..
made in the several studies, and satisfactory. Pthe
gress you have shown in the examinations:l;lre
various branches of knowledge in which Y.°
of the
received instruction., I have seen some , boo
drawings which are hung up in the roans
_)-couici
passed through, and can testify that noth
113;0 you
possibly have been done better. I congratn
did the
also on the admirable manner in which you
°lades°
marching past and carried out the various ev. dory
you went through, which were not only
to me, but to all those experienced office the
say were with me. I have great pleasure to that
to sal
permission of the lieutenant-governor
you will have a week's extra vacation--ce":01 thi°
and lam perfectly satisfied that so far exertion:
relaxing it will induce yDU to make further
in the progress of your studies, and in wan", con'
general gnat' •pg
the character you have earned for
who, hay.l
duct. I congratulate those gentlemen satisfy
who
en into
earned commissions, are soon about to
.000,
~0d
the active service of the military professl
wish them every success in their future. ea ei_d the
etired, an
His royal highness and staff then r ,arajc.
ground,ca det having
rinbeeeesno• R yal „as
college under a royal salute. 1116
in the corps' e-
the itlsPe
in
Prince Arthur, who is a private
andaga theirfor maetdt enodn a te
ut
Highnesseleft ti
in the rank and file, and went through
tion and drill with the others.

ibile

• THE NAVAL---------- -----
REVIEW AT SPITHEAD.--11'• k' oth
()sting of the inhabitants of the borough of Fortsio
manamnd neighbourhood, convened by the Alayor (Mr. Alder,r
Emanuel), was held yesterday in the Guildhall, I'c,
tlie purpose of considering what steps should be talell.lo _
of represent the borough and neighbourhood on
the visit of the Sultan of Turkey to POrtanouth. ..1' ~
mayor presided, and the following resolutions were 001
mously adopted :—" That an official communicittion P.('
ing been received by the the effect that the Sulttol
mayor to
of Turkey will •
visit this port during the ensuing to . ~
lei,
and that in consequence ther will be a grand naval re!.
olua
of the British fleet at Spithead, this meeting is
°f
°ix' lttta
that on this first visit of his Imperial DisjeSty the S
~,
...
to British
territory,
steps should be taken by the hill. LA
occiv
tants and • neighbourhood to publicly celebrate e ive
the oca,sth:
sion of his visit to Portsmouth." A. cominittep oft re
was afterwards appointed.

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MONEY IKARKET

A ND
COMMERCIAL IN TELLIGENCE,

TWELVE O'CLOCK.
There is no material alteration to report in the
general discount market. The demand for accom-
modation is rather more active, but the rates cur-
rent for the negotiation of first-class short-dated
Paper are unaltered.
Gold to the amount of £55,000 was taken to the
Bank of England yesterday.
The Bank of France return issued yesterday
shows the following changes when compared with
that of last week. The cash in hand increased
£272,000, and the Treasury balance £166,800 ;
bills receivable have decreased £244,000 ; advances,
£13,320 ; notes, £66,400 ; and the private accounts,
£146,400.
The Clearing-house report this week is very im-
portant, especially as regards Friday's item, which
represents the settlement in foreign bonds and
Shares of all kinds at the Stock Exchange. An-
nexed is the official document :—Thursday, 13th,
£7,652,000 ; Friday, 14th, £19,125,000 ; Satur-
day, 15th, £14,086,000; Monday, 17th, £9,765,000;
Tuesday, 18th, £11,233,000 ; Wednesday, 19th,
£8,216,000 ; total, £70,077,000.
Atlantic and Great Western Railway Debentures
remain steady at 31 33 ; but the Consolidated
Mortgage Bonds have declined , to 25 26.
In the Foreign and Colonial Produce Markets
during the last few days there has been little busi-
ness transacted. Sugars in some instances have
ruled a shade cheaper, while only a limited business
has been done in coffee at barely previous rates.
Rice has been in better request, while there has
sprung up a better demand for tallow, and prices
tend upwards.
At the meeting held to-day of the Bank of
Turkey -the liquidators were empowered to conduct
any negotiation for a compromise where they deem
it most advantageous to the company, and to con-
tinue the suit in Chancery against the directors.
The liquidators' report stated that the shares were
never subscribed for in sufficient numbers to justify
the commencement of business, the Ottoman Com-
pany charged and received £5,000 as commission
for establishing the bank, and £4,002 19s. id. for
preliminary expenses. Under the advice of counsel
a suit has been instituted in Chancery against
the Ottoman Company and the late directors
of the bank, for the purpose of obtaining the
return of the £5,000, and also £4,002 19s. ld.
There now remains to the credit of the Liquida-
tors the sum of £6,578 17s. 6d., subject to ex-
Penses and the claims above mentioned, which
they purpose to reserve until the suit with the
Ottoman Company is decided. Legal proceed-
ings had been commenced by certain Share-
holders prior to the winding-up ; the Liquidators
have succeeded in keeping these in abey-
ance, and proposals have been made to settle
these matters upon payment of certain of the
costs. The liquidators have no power to do this
Without the consent of the shareholders, but they
intend at the meeting to ask the shareholders to pass
resolution giving them such power as will enable
theta to bring these proceedings to an end. In
conclusion the liquidators must urge upon the
Shareholders who are still in arrear the necessity of
now paying what is due from them, to equalise
their position with the other shareholders, and so
avoiding farther resort to law.
Mr. Charles R. Harford, jun., underwriter, whose
Suspension was announced a short time since, noti-
fied to the " room" yesterday that on and after the
Ist of July he would resume 'payment of all losses
underwritten by himself, and it was intimated that
the accounts of Mr. C. R. Harford, sen., would
also be fully settled. We make this announcement
With considerable pleasure, the firm having been in
existence and in a respectable position for more
than half a century.
The return from the Bank of England for the
Week ending the 19th June gives the following re-
sults when compared with the previous week :
'"„ ublicde l
ect .£3 120 090 ... Increase ... £2,919
te 10,500,391 ... Increase —696342
ether deposits 1'6,987,972 ... Decrease...ll4,7sl
On the other side of the account :
' r,
Other securities £12,886,314 ... No change.
Notes securities ... 18,516,348 ... Decrease £133,103
'"otes vnernpleyed 13,011,200 ... Increase... 597,275
b The amount of notes in circulation is £22,699,670,
beiing a decrease of £68,060 ; and the stock of
adieu in both departments is £21,882,770, showing
an increase of £552,370 when compared with the
preceding
return. This is only £349,368 below the
highest total of bullion ever reached.
Subjoined is a comparison of the present position
o the Bank of England and the price of Consols
,st
"lth the corresponding week of last year :
Same week
114, last year.
totes ... £21,882,770 £14,851,120
kfu'ea reserve— ... 13,611,200 4,067,320
118 in circulation ... 22,699,670 ••• 25,106,790
1444 of discount ... per ant. ... 10 per ant.
Pees of Consols 941 t.-
861
The
edirectors of the St. John d'El Rey Mining
InPany (Limited) have received the following
dated Morro Velho, 17th May, 1867.
„ Produce for April, 51,778 oitavas ; from 5,821 tons
vie
tin Yield 8,447 oitavas per ton. Cost for April,
0p657 ; produce, 12 days of May, 18,011 oitavas ;
lucid) 7,184 oitavas per ton.

At present.

Two O'CLOCK.
Is le market for the English Funds is a little
ui ter, Consols being at 1 per cent. decline, viz.,
for money and 941 1 for the account. This is
zoi eil to be attributed to a disposition to contract
-4tiler than extend transactions. The New Threes
andßeduced Annuities are all flatter.
r'lle Foreign Stock Market exhibits very little
c°velnent. Spanish Certificates have risen
land other Bonds remain as before, viz.:
p 521 I ; Mexican, 161 1 ; Spanish
1, 488ve, 24 ; Certificates, 141 1 ; Greek, 15f ;
ll 14/41811 5 per Cents., 33/ 34 ; Russian Scrip, 4,
6 en. Business is recorded officially in Chilian
gP, cents, 1867, 851 ; Danish 3 per cents, 1825,
Egyptian 7 per cents, 1864, £lOO bonds, 801
A 4
.; ditto, Government Railway Debentures, 831
ePeruvian 5 per. cents, 1865, 681 ; Russian 5
't cents, 1862, 871, 1, -1,-; Anglo-Dutch 5 per
1866, 874, 871 ; Turkish 6 per cents.,
791 ; ditto, 1862, 60 ; ditto, £lOO bonds, 61 ;
-Venezuelan 6 per cents., 1864, 20.
aln the Railway Share Market a rather large
it'°Unt of business has been transacted, owing to
It) lure of sales, and in most instances prices have
tle,:a a downward tendency. Great Eastern have
Vuned 2, Great Northern A Stock 11,' North
e3tern) Metropolitan, and Midland each 1, South
astern .1, Brighton 1, and Great Western.l.
varre Foreign and Colonial lines show little
are ation of importance. Antwerp and Rotterdam
qr.liteady at 9/, East Indian at 110/ 1101, and
Indian. Peninsula have declined to 111/ /.
t 11h the exception of Erie, which have declined
39 ; American Railway Shares are firm ;
721 '8 are 79 1; United States 5-20 Bonds are
8 731.
ta„
ttaiC,_ k shares are very quiet, and in most in-
liti4,,,eBsuPport previous rates. London and West-
tlQ,c.'er are marked 106 f ; Union of London have
tbzined to 40 ; and London and County to 591
Alliance remain steady at 16 161.

MINING MARKET.
The FRIDAY AFTERNOON.
to_d re has been an active demand in the market
Ilrirj for Prince of Wales, Great Retallick, West
Vallee Of Wales, Chontales, Chiverton Moor, Marke
the 15', Basset, and East Grenville. Annexed are
Chi test prices •
Citcverton
et3B
Gold
51 51
v. 1401.441 (xold 44 5
yt tat,.._4l,llalgamato 74 8
1,141 it e a 2'13
i4t Lervaern
61
8
4t, Wat'el I
tireekt Lii:ml Grenville 2i 24
ent
4. l 5
411 Wheal k
, V
alley ... or
......115

North Crofty
North Treskerby lg 1f
Prince of Wales 68s Od 70s Od
Providence Mines
West Chiverton 6B
West Pr. of Wales lOs 15s
Wheal Basset 67} 70
Wheal B uller 24 26
Wheal Chiverton 6l 7
Wheal Crebor...
Wheal Grenville li 1
Wheal Seton ll7 120

13
a p 9 tiu FUNDS—TWO O'CLOCK.
kivitNmENT FUNDS.
I) B O. A a P onsoia -
Aar rZi.ece July 10
Sat Reduced 931 3