The Sun.
London, England, 1867-12-19 00:00:00

THE sulS, LONDON, THURSDAI EVE_N LNG; DECEMBER 19, 1867.

Do £lOO Bonds 6l
Do. 1863 —
Do 5 per Cont., 1865 —
Do Account
Do 6 per Cent., 1865 - 52
Do 4 por Cent., Guaranteed
Venezuela, 3 per Cent. --
Do Account —
Do 6 per Cont., 1862
Do 6 per Cent. 1864 —
Dividends on the above payable in London.
Austnan o par Cent. Ex 10 Florins
Belgian. 4} per cent., Ex. 25f.
Dutch i'-?s. per Cont. Ex. 12 Gui,,
Do. 4 per Cent. Certificates ....
French Heaths, 3 per Cent., Ex. 25f. —
Itahah 5 per Cent. 1831, Ex. 25i.
Do. Account 45 1
' THREE O'CLOCK.
Consols, Money 921 -}
Du. Account ,021 i-

hare

BRITI6II MINES.
'am. Consol. Gold, lim. 1 -
'hiverton
'lifford Amalgamated SO 53 66
evon G. Cons. (Tavist 1 4.,t) 430
, rakewalls 2.1.0 3 3
East Bassett (Illogan) 293 1U 12
last Caradon 2.11.1. 6 6
'East tiara BrPa 33 2 21
Aims t Grenville ... ,
East Gunnislake 6.3.t, 3 4
East Loved , ... 3.9.0 8 8
E. WI Russell (Tavistk 11.7.6 13 2
'Jam.dt StAubyn(Gwen. 68 4 5
4 Great LAxey, limited.. all 17 18
Great South Tolgus.... 0.11.
Great Wheal ow. •... 14.9.1 -
- G. Wheal Vor (lielstill 40 17 19
Grenville . 9.0.6 13 13
Elerod's loot .... 5.10. t, 35 37
d ir.gston Downs 5.10. 23 23
Alargaret (Uuy Lelant, 13.17. 6 8
Clarke Valley.
4 dwyudy Iron Ore, Um 36 23 13
4e7s, S ton
-- North loskear
A.Wh Bassettallogan 1.4.0 -
- 4orth Wheal Crotty
l'rosper United 8.11.0 2 23
er.videneekUnyLelaut 10.6.; 29 31
IS. Caradon (St. Cleer) l3 ISO 400
South Condurrow 5.2.0 3 3
S. Wheal Iran. (I.llogau 18.18.9 373 421
Stray Park
/In Crott.....
Vigra and Clugan, lim all
West Bassett (Mogan
W. Caradun (.I..tekeard 11 13 11
Wes t C hiverton ll 71 73
West Seton 473 110 14
Wheal Bassett 'lllogau 53 673 726
Wheal Buller (Redruth 16 16 19
.. Wheal nary Anu Olen. 8 18 20
Wheal Setou 583 95 100
Wheat Trelawney (Lis 5./7.0 6 8

BRITISH POSSESSIONS.
.., Atlantic & St• Lawrence all 53 55
1 itom.,BarodaouCeu'lL 100 1,4 105 1041
I gu. 5 per c9nt.. •
.., Do. I shares lO p +l,
.04 iiufralo a Lake Huron all 34 4
10 Do. Preference all 5 6
(oa )Bud ,Brant, a Godcrich
8 P.c. .872-3-t .. luo 68 71
at Calcutta aS. E., lim.. (t()
st ,a, e Town & Dock, gu. 101 18 52
)0 )emerara, 7 p.c. per. p all 99 1(2
it •.:ast. Bengal, gu.' sdo 100 .(3 114
,t East Licluta, gu.s p.o. 100 . 110 1105
:0 Do. .1 h&tension .. 15
st •ran.l frunkot Canada 100 :7 18
100 Do. h.•quip. Mort, Bonds
1 charge 6 p.c alt ;.3
100 Do. Ist Pref, Bonds all So 52
100 Do. do deferred
100 De. 2d I'rd. Bonds all 10 45
100 l'u. do. deterred .., all -
(00 Do. 3d Pref. stook all 32 51
100 Do. do. deferred
100 Do. 4th Pref. stock
100 Do. do. deterred
at di. India Pen. gua. sp.e 100 107 108 1101
13 ,o. Gus. 5 per cent lB 2l'
20 Do. New gua. sp. e 6 2 ,
tt .i t. South of India
gua. 5 per cent
et Do. 41 per cent loo 92 94
et Do • ..... .
204'treat Wes. of Canada., all 154 155 105 4
204 Do. New ..... ...... -
tot) Do. 6p. 0 Bets. pay. 187 3 all 95 97
10C uo. 55 do. pay. 1877-8 all 85 67
10 Indian Branch, limited 3 1 id
at Madras, gua. 5 p.o
at Do. 11 do lOO 93 95
at Do. 15 do ..........
29 Do. Fifth ixtension 5
at Melb. Cor. 6p. c. Linda. 100
50 rilel. & Hobson's Bay all
n.
et .. .I.ll.C'da,6pc Istpigua lOU 83 sa
et Scinde .. •. • ..... a lOO 100 101
at Do. Delhi ...... i 5,3 100 1004 1015 103 21
20 Do. do gi„ 15 t
at Do. Puniaub.... .71..., 100 99 100
at Do.lndus St.Floi ho ioo 85 87
COLONIAL GOVIfatNAIENT 811:CU/LIT1 aL.,...
Britiab Columbia, 6 per
Can.Gov.6p.c.Ja.aJuly
o. 6p. o. Feb. & Aug.. 1,0 101 11:3,
--DJ. sp. o. Mar. & Sept 100 101 1(3
Do. sp. 0. Jan. & July 100 90 92
Do. sp. e. Inscribed ak 100 89 91
Cape G. Hope. 6 p. 0.1873 100 102 104
0o.Apl.&001 . 1890-1900 100 106 108
Do. do 1880-90 100 104 106
Do. Jan.&July, 18904, 100 107 109
Do. 5 per cent. 15 April
cent., Deo. 31, 1572.... 100
1877-84
and 15 Oct., 1900
Caylon, Nov. 1868, 8 p,, 100
ri)
Jan. and July
Do. 1878, do lOO 111 1105
Mauritius, 6p. o, 1873,
Do. 1878 ... ... . .... . 100 106 108
Do. 1882, —1%1'15, Nov. it. 100 105 107
Do. 1895, Feb. & Aug-. 100 107 "
Natal gov. 15 per cent lOO - 1(4 106
N.B.Gov.6p.o.Ja.a.July 100 103 105
100 1(3 105
N•stBe•rWlin.:ovlB•7ssPV.,lB6b 100
- Do. 5 p.c. 1871 to 1876 100 98 99
Do. 5 p.c. 1888 to 1895 100 974 955
New Zealand, 6
P. cent 100
Do. 5 per cent....
Nova Scotia Gov. 6p. o
ueenelandaGoV. 6p. c lOO 103 101 104
. Aus.Gov. 6 P.O. 1868-9 100
Do. 1878 & upwards lO4 110 11
Vio,Oov. 6 p.O.Ja &July 100 -
Do. do, April & Oot lOO 110 112 ,104
rit.loFEltlzN Ulu SuAttzt .
[id Consolidated, 6 per cent. stock.

Ind consolidated, 6 per cent. stock,
Ditto. Bristol and Bina., 6 per cent.,
Ditto, 4i per cent. rd.. 91
Midl Ind, Lei ester and liito►ien, 11 per cent., 878

I'REFItRENCE S ARE 3 AND Sroms,
London and S.-Western 44 per cent., 90
Midland A and B£s per cent., 1(3
LINES LEASED AT FIXED RENTALS.
Brkenhead. 92,
Midland, Bradford Pref. stook, 91
FOREIGN RAIL WAY r.
Great Luxembourg, 8, it
San Paulo, litn., pia: 6 per cent., 171

FO UNION ail& icis.
Chontales Gold and Silver minng, 1 Um., 3
von Pedro, Nor h Del Rcy, 2, pm
Scottish Australi►n, 11111..1
St John del Key, lim , a?

DOCKS.
London and St. Katharine. Sit
Ditto, Debenture Stock, 88
BANNis;

Agra, P.m. A, 71:1
Alliance, din., !4
&U y- ustrian. 91
Consolidated, lim.
Imperial Bank, thri.. 181
Liter! Mortgage Bank of India, lim., le
London and Brazilian, lim., 15
Ditto, new, 2e
London and County, 50
London and ‘Vestininstcr,
Ditto, Scrip. 37)
Midland Bank, lim., 191
Oriental Bank Corporation, 42.
Union ul London, 36}
' MISCELLA.NEOU2.
Ang'o American Telegraph, 19 k
Atlantis telegraph, 3 24 6
Dit.o, 8 par cut., 90 1
Boa.bay Gas' lira., 4i
City Discount, Jim, ge
City of Moscow Gas. lim., 11
city Offices, lirn., 6 6
Credit r'oncier of Eniziand. lim.. 2i:
East India Irrigation and Canal, 17
k.lyptian 9 per Cent, Viceroy Loan,:gua by Egypt. Gov., -
Ditto, Scrip, 11
London elenerai Omnibus Company, lira, 11
Madras Irrigation and; Canal (guaranteed 5 percent. ty
Indian Government), I(j3
National Discount Lompany. 11
Ocean :marine Insurance), 2)4
orieutal Gas, lim.. 611
Panama, New Zealand and Aus. It. Mail., 5
Peninsula and Oriental iteam, 56)1
Ditto, new, 1867, 5)
Royal Mail Steam, 6 e 2
Submarine Telegraph. 73 70
Thames and Slerwey Marine, Insurance, tim., 43
Universal Marine (insuranca),
Upper Assam Tea, Jim . 41
Viceroy of Egypt (Mortgage) Loan, 721

MAD.orr, TUSSALVS EXBIBITION.--A full-length
portrait model, taken from life, of Frederick Baker, who is
condemned to death for the atrocious murder of a poor
little girl at Alton, is now added to the Chamber of Horrors
in Baker-street. The figure of Theodorus, King of Abys-
sinia, continues to be a great attraction.

THIRD EDITION*

:w

SUN OFFICE, 7 o'CLocK.

SPORTING INTBL LiGriNOE—This Day.

ST. ALBANS RAMS—Tins DAY.
HARPENDEN PLATE.
Tho Harpenden Plate (Handicap) of 40 says ; winners o
any steeplechase after Nov. t.W (at 11 a.m,) 7lb extra ,
about two miles.

Guide
Kronberg
Hence

Five ma-.
HUNT STEEPLECHASE.
The Hunt Steeplechase Plato of 40 suvs, for hunters ;
llst 7lb each; thorough breds 711) extra ; to be ridden
by gentlemen, farmers, or their suns. About three miles.
Cripple 1
Pat ience
Wrangler

Five ►an. Winner objee ed to.

SELLING STEEPLECHASE.
The Selling Steeplechase Stakes of 8 says each, 1 ft, with
20 added ; three year olds lOst 71b, four llst 71b, five,
six and aged list 121 b ; the winner to be sold for 50 sovs
(if 30 sovs allowed 71b); about two miles.
Sir Stephen 1
Oldminster
Rapture 3

Six ran.
ARISTOCRATIC HANDICAP.
The Aristocratic Steeplechase (Handicap) of 10 sovs each,
3 ft, with 50 added ; winners after Nov. 29, at 11 a.m.,
71b extra; gentlemen riders. About three miles. 22
sabs.

Kronberg .., 1
Arlescott
Toni Thumb 3
FREE HANDICAP.

The Steeplechase Free Handicap of 10 sovs each, 3 ft. ;
winners after Nov. 22 (at 9 a.m.) 71b extra. About two
miles. 10 subs.

No race.

PROGRAMME OF ST. ALBANS STEEPLECHASES

FRIDAY.

The Selling Handicap Plate'ols.o sous ; the winner to be

sold for 40 sous. About two miles.
The Luton Plato (Handicap), of 30 sovs ; winners of any
steeplechase after Nov. 29 (at 11 a.m.) 71b extra ; about
two miles.

Age st lb
Leicester
Harcourt
Kronberg
Joker 5 10 12
Sinite a 10 11
Northill .
Pearl
Bm by Leopold (It b) 6 10 9
Diomed
Legerdemain 5 10 9
Merry Horn (h b) 4 10 9
Wedding Peal
Black Rock 5 10 7
Signal 6 10 7
Caustic
Faint Heart
Crafty 4 10 0
Vici 3 10 0

Age st lb
Flyfisher ... a 13 0
Lady Newark
Trap
Franciscan
La Pique
Serious Case a 11 3
Oldminster
Darkness (h b) ll 2
Woodbury Hill (h b) a 11 2
Arthur
Ben (h b)) a 11 2
Triumpher
Robber
If elice 5 11 0
The Guide 5 11 0
Jacob a 11 0
Portfire
Ace of Hearts
Harbinger
Ihe St. Albans Open Steeplechase Handicap of 15 sovs
each, 10 ft, with 100 added; the winner of the Grand
Metropolitan Steeplechase at Croydon 101 b, and the
second in the same 51b, or any other winner after Nov.
22 (at nine a.m.) 71b extra ; weights not to be accumu-
lative ; about three miles and a half ; 25 subs. The
highest weight accepting being list 121 b, it has been
raised to 12st 71b, and the others in proportion.
Age st lb Ago st lb
Sir Bobby ... a 12 7 Arlescott all 2
Benazet al2 5 Cabin Boy (h b) all 1
Despatch ...
Tally-ho(in.slb ex.) a 11 12 Spatchcock ... a 10 13
Hornet a 11 11 LI ppoly te a 10 13
Chimney Sweep(in: _ Greenland ... ... 610 12

cluditig 101 b ex.) 511 11 Lawrence (h b) alO 9
Pensioner (pd) 6 11 7 Highflyer ... a 10 9
Sprite a 11 7 King Alfred 6 10 9
Patienc • (it b) ... all 5 Harcourt (pi) ... 610 9
Tuscula.nu►u ... 511 5 NorthernLight(b. b) 610 9
L. S. D. ... a 11 4 Polestar . 6 10 9
Clansman ... 5 11 4 Bishopton ... 5 C
The Local Cup (the gift of the licensed victuallers in the
tow and neighbourhood of St. Albans)rfor horses the
ploperty of persons residing within 40 miles of St.
Albans, except winners of a handicap steeplechase ; llst
each; and any winner over country 71b extra. Once
round the Steeplechase Course, starting in frcnt of the
Grand Siand.

The Maiden Steeplechase Plate of 30 sovs ; list 71b each ;
if beaten three tittles previous to the time of starting
allowed 71b, twice 51b; winners after the day of entry
51b extra ; the winner to be sold -for 50 sovs ; about two

Bank of England RI

An Account, pursuant to
cap. 32, for the week ending

ISSUE DE
Notes issued ....485,786,095

1,35,786,99 b
BANKING D.

Proprietors'Capi-
tal f14,553,000
Rest 3,039,288
Public Deposits
(including Ex-
chequer, Sav-
ings' Banks,
Commissioners
of National
Debt, and Div.
Accounts
Other Deposits 18,000,485
Seven Days and
other B►lls 550,954

turns,-11.1'‘,5 Evening.

he Act 7th and Bth Victoria
Wednesday, 130,,c. 18, 1867.
P ARTMENT.

Governmt. Debt.Xll,ols,loo
Other Secarities 8,984,900
Gold Coin and •
Bullion
Silver Bullion

£35,786,993

:PARTMENT.
Governmt. Secu-
rities(including
Dead Weight
Annuity) .... £13,019,203
Other Securities 17,218,755
Notes 12,898,375
Gold and Silver
Coin ,i, 1,153,714

£44,290,017

444,290,047

NAVAL APPOINT= N IS.

The following appointments were made at the Admiralty
this afternoon :
Sub-Lieutenant—Willoughby E. Still, to the Pylades.
Surgeon—John Fisher, to the Pylades.
Assistant-Surgeons David William Telford, to the
Cambridge; William M. Power, to the Bazzard.
Acting Assistant-Surgeon—Richard S. P. Griffiths, to
the Impregnable.

MR. D. A. WELLS ON 7HE COTTON TAX.

The following are the conclusions arrived at and
embodied by 111 r. David A. Wells iu his Special Re-
port on the Cotton Tax to Secretary
the Chief of his Department :

Ist. That cotton growing in th^ Southern States, if un-
taxed, can be conducted profitably and successfully, as
agaiust all competition elsewhere.

2d. That if burdened by a tax sufficient to be worth to
the Treasury the cost of its collection, it cannot at present,
if ever, be successfully prosecuted.
3d. That, already familiar to our people, in all its details,
it is the only industry immediately available and practicable
to the great body of the labouring population of the South
h r the profitable employment of surplus labour ; that is,
beyond the necessities of crops for subsistence, in the pro-
duction of something saleable and exchangeable, whereby
wealth can be regained ; and
4th. That the importance of a large production of cotton
as the chief export of the country, in adjusting balances of
trade and exchanges, and especially in its bearing upon the
future position of the public debt, so largely held and to
be hold abroad, cannot well be overstated; and so far
transcends the value of the present tax that to preserve
the latter at the cost of losing the former would be a
" ha'penny 'orth of wisdom to a pound of folly."
The whole amount of internal revenue derived from the
tax on raw cottoe for the fiscal year ending June 30, 1867,
was $23,769,078.80 ; and although this sum comprises
nearly all the revenue derived from the nouthern snction
of the country, and constitutes an amount that can ill be
spared from the Treasury, yet, under all the circumstances,
the commissioner has no hesitation in recommending the
immediate passage by Congress of an act repealing the
entire tax upon raw cotton, and the corresponding exist-
ing duty on imported cotton—the same to take effect on
its passage.
As yet but a small quantity of the new crop of cotton
has been marketed, but if the repealing act be delayed to
a latter period it will evidently work injustice to those
producers who may bo forced to send their crop forward
immediately, unless the removal of the tax should be de-
ferred to take effect at the close of the present cotton year,
Sept. 1, 1838.
If a repeal of the tax, to take effect immediately, should
be enacted by Congress, it is important that one con-
tingency should be effectual y provided against it. Con-
tracts, it is understood, are proposed, and possibly already
made, for the purchase of cotton, tax unpaid, to be held iu
store until the repealing legislation of Congress has taken
effect, thus insuring to the speculator or exporting buyer a
gain equivalent to the amount of the tax. It seems de-
sirable, therefore, that the act of repeal should be so
worded as to relieve from the payment of the tax only so
much c9tton as, at the date named iu the act, remained
unsold by the producer—all cotton having passed out of
the hands of the producer to pay the tax, if it has not
already done so. Only in this way can the relief go where
it is intended, viz., to the impoverished cultivator.

PRINCESS'S THEATRE.----Mr. Roberts, acting ma-
nager and secretary, announces as his Benefit nights
Monday and Tuesday next, on which occasions the cele-
brated Scottish Musical Drama, " Guy Mannering," will
ba performed, supported by the entire strength of the
company. In addition to which Madlle. Liebhart, Mrs.
Howard Paul, Mr. George Perrin, Mr. Wilford Morgan,
Mr. Howard Paul, and Mr. 11. Widdicomb will appear.
Mr. Roberts deserves full and oyerflowin6 audiences on
each evening.