The Sun.
London, England, 1866-05-19 00:00:00

Do. branch banks..

Do. on French Public
Securities

Do. by branch banks
Do. on railway shares
and debentures

1). branch banks..

Do. on Credit Foncier
Bonds
Do. branches

Do. to the State {Con-
vention, June 10,
1857)
Government Stock re-

serve
Do. disposable
Rentes Immobalid4es

(Law, June 9, 1857)
Hotel and furniture of
the Bank and landed

property branches ...
Expenses of manage-

Sundries .

Total 1,544110,965 70 1,506,897,511 62
Certified by the Senator-Governor of the Bank of France.
(Signed) ROULAND.

The students of Vienna have resolved to send to
the Emperor Francis Joseph an address expressing
their loyal attachment.
The Memorial de la Loire states that the foun-
dries of St. Etienne are now casting, for the Italian
navy, conical steel balls on a new system.
The Gazette de Lucerne states that horses are
being bought up in that canton for Italy. Ono firm is re-
ported to have entered into a contract to deliver 3,000.
The Unita Italiana publishes the following as an
authentic letter from Garibaldi addressed by him to a
friend in Parma :—" Caprera, May B.—l have given no
orders to any persons in Parma to make enrolments of
volunteers. The youth of Italy know their duty and will
not be deluded. When Italy wants me, be assured I shall
not faiI.—GARIBALDI."
THE SUNDAY BANDS IN THE PARKS.—The
eleventh season of these bands will commence nest Sun-
day in Victoria Park, and the following Sunday (May 27)
in Regent's Park.
CHINESE PIRATES.--A newly issued Parliamentary
return shows that during the command of Vice-Admiral
King in the Chinese seas—between the 24th of June, 1865,
and 18th February, 1866-71 piratical vessels were cap-
tured. 30 of these vessels were burnt, and 24 given up to
mandarins. No award of prize money has yet been made
for any of these captures.
MRS. YELVERTON AND THE "SATURDAY REVIEW."
-,EDINBURGH, Friday.—ln the first division of the Court
of Session, to-day, an application wasmade for a new trial,
in the case of "Longworth or Yelverton v. the Proprietors
of the Saturday Review." The application was grounded
on the alleged fact that the verdict in the previous action
was against both law and evidence, and had been given
through a misapprehension on the part of some of the jury
as to the directions given to them by the judge in his sum-
ming up.

SILK CULTURE IN CALIFORNIA.—The culture of
silk is attracting attention in California. At the
Industrial Exhibition in 1865 of the Mechanics'
Institute, a Committee on Silk Worms and the
Culture of Silk, after a thorough examination of
the subject reported that, " California is one of the
best, if not the very best, silk-producing countries
in the world." It appears that Mr. Louis Prevost,
of San Jose, has met with such success in- the busi-
ness as to warrant, fully, the declaration made by
the committee. His success, however, was not
attained without loss and perseverance. After
raising the necessary mulberry trees from seed, he
attempted to import silk worm eggs from China.
He Made three efforts, but failed three times, as the
eggs were found worthless on arrival there. A
quantity ordered from France, however, turned out
well, and the worms hatched from them produced silk
pronounced to be of the first quality by European
experts. Since then Mr. Prevost has extended his
experiments, and during the past year he has raised
over 100,000 cocoons. The mulberry grows here
luxuriantly, and the warmth and dryness of the
climate are especially favourable to the hatching of
the eggs, to which cold and rainy weather is fatal.
EXPORTS AND IMPORTS.—FromIBSS to 1864, Jell;
elusive, American exports, specie value, were
s arglin excess of imports. We give the 4,l:l3repre-
senting,mil-
in round figures, this excess
in-14.0
lions ; 1856, 12 millions ; I"7'
2i860,i131ir msilliloBnssB;
42 millions ; 1859 18 millions
;millions ; 1863, 97
1861, 58 millions; 1862,
millions; 1864,
1848, 1849, 1850, 1852,
imports exceeded our ex-
thil7l‘ii.gentserinal
ryoearrtss,inwewrhie which
1846,
•
12 millionuns.2po4Since 1844, the only
a isltuartei
statistics
t in
1853, and 1854.
recent ew
FAILURES IN AMERICA. f f this time was the 3T7hmeilliigoliliselstotfhealxB:seb9ses.conf
1865.
bows that there were in that year 530 failures,
impressionAn
etlxiantmitnhaetrioenwoerfesovmerey
swith total liabilities of $17,625,000. Iu 1863 and
1864 the bankruptcies amounted to about one-half
this sum for each year. The year 1857 reported
4,257 failures, with liabilities of $265,818,000 • and
the year 1861, 5,935 failures, with $178,632,170 of
liabilities. Average of failed liabilities from 1857
to 1865, E 6,473,000.

WeHi, 'Fargo, and Co., have sued the shippers of
the nitro-glycerine, the explosion of which caused
such destruction of life and property at San Fran-
cisco a fortnight since. They lay their damages at
$lOO,OOO. The parties sued have been examined
and held to bail on a sum 'equal to the damages
claimed,

THIRD EDITIOIT

SUN OFFICE, G o'CLocK.

ALL NATIONAL BANK OF BELGIUM.

(REUTER'S TELEGRAMS.)

, ay 19.
The National Bank of BeIgiBRUSSELSum hasM raised its
rate of discount to 6 per cent. for bills and 61 per
cent. for advances.

HE BOMBARDMENT OF VALPARMSO.

The Liverpool Post gives an account of an indig-
nation meeting held in that port with reference to
the late bombardment of Valparaiso. Our con-
temporary thinks that whatever was the cause, the
bombardment seems to have been in , perfect ac-
cordance with the laws of nations. Except in re-
ference to the destruction of property, the Spaniards
avoided doing anything that would destroy human
life. The objects of destruction were public build-
ings ; and previous to the bombardment a notice of
four days was given, in order that individuals might
remove themselves and their property beyond the
range of the guns. At present this is the extent of
the precise information. The imputations cast
upon the British authorities by the New York
Herald are not to be received unconfirmed. We
may rest,assured that the Admiral never gave the
promise alleged ; and we may also rest assured that
his instructions were to act -in reference to strict
neutrality. Great efforts were made to avert the
calamity, such as it was ; and very possibly the
Chilians were obstinate in refusing to accept condi-
tions, because they were under the belief that the
protest a the representatives of all nations, as well
as of the English and American residents, would
deter the Spanish Admiral from carrying his threat
into execution. The authorities in Valparaiso may
idshnuaaanvdsgeaieunrnd:ebctrieu:iatvbtetehdlitahettvirenhmgepsepenarlrsloisFepntseak,arlateynnpdioryofapoctetthrhetaedy: onna the
wasper-
suasion
tto nothnes lwai.asn.‘t
moment the English and American fleets would
interpose and save the city from a bombardment.
This supposition, however, will not justifyonan
theenceomny-
duct of Spain in making an attack
up
utterly devoid of all Power of resistance or of re-
taliation. The Post thinks that the British Govern-
ment also stands exposed to much blame.
Co-ope-
rating with France and the United States it could
have brought influence to bear upon the Court of
Madrid which would no doubt have dissuaded it
from pursuing a quarrel which could result in no
benefit, much less lead to glory. We ought not,
however, to forget that soon after the commence-
ment of the dispute the Court of Spain referred. the
question to England and France, promising to abide
by their decision. At this moment we are not in ,
possession of what the French or English Govern-
ments did or whether they did anything ; but we
are bound to presume that Chili did not accept the
mediation, and that, therefore, no further notice
was taken of hostile proceedings. British diplomacy,
unfortunately, concerns itself with large affairs
only ; the obscure Governments on the West Coast
are too insignificant to warrant a display of power
which could be exercised with dignity only in Paris,
Berlin, and Vienna. One consequence of this ab-
staining from a duty which greatly concerns the
trade of the country has been the perpetual com-
plaints of British subjects against the Peruvian and
other Southern States. Nothing is done, simply,
perhaps, because the feelfieness of these republics
was of such a nature as to excite only a palpable
indifference. Seeing, however, that Spain held a
different opinion respecting the potency of Chili, our
Government was certainly wrong in permitting the
quarrel to mature into danger, without at least
warning our merchants trading to the West Coast
to look to their own interest, as the Government
would not interfere if their persons or property were
exposel to the eventualities of war.

COURSE OF EXCHANGE•-Last Evening,

Amsterdam Short. 11 13 11 15
Ditto 3 Months. 11 19 12 0
Rotterdam
Antwerp — 25 55 25 60
Brussels
Hamburg
Paris Short 25 0 25 12
Ditto 3 Months. 25 40 25 50

LONDON AND NORTH WESTERN RAILWAY.--The
directors of the London and North Western Railway Com-
pany have this day resolved to allot to their proprietors
rateably, at par, additional ordinary stock, equal in amount,
to about 5 per cent. on the ordinary capital. The allot-
ments will be made to the proprietors registered on the
19th May, 1866, and will be in the form of ordinary stock
to be fully paid up on the 30th June, 1866, and will carry
ordinary dividend from that date.

" Ideas of peace," says the Constitutionnel, " seem
to be gaining ground beyond the Rhine. We may
note as a symptom of that opinion in the North of Ger-
many that the Hamburg News and other journals of that
city strongly urge the Prussian Government to renounce
the project of annexing the Duchies, and to be contented
with an arrangement which, while constituting Schleswig
Holstein as an independent State, would secure to Prussia
an advantageous position in a military point of view.
CONTRADICTION OF MR. WHENRY'S FAILURE.—
The statement that Mr. James M'Henry, of Liverpool, had
suspended payment, was contradicted yesterday by a notice
from Messrs. Fletcher, Hull, and Stone (Mr. Hffenry's
solicitors), which was posted in the news-rooms of the
Liverpool Exchange.
Hops.—A Parliamentary paper was published
yesterday, which shows that in the year ending 30th Sept.,
1865, 77,070 cwts. of foreign hops were imported into the
United Kingdom, and that within the same time 4,836
cwts. foreign and 15,425 cwts. British hops were exported
from the United Kingdom to countries abroad.

The Government of Austria is said to have ceded
to representations of the Cabinet of Washington, as the
volunteers destined for Mexico have not been embarked,
and will, it is said, be incorporated in the Austrian army.
According to a letter addressed to the Nurenv.
berg Correspondent, an extreme irritation has for some time
prevailed between the Austro-Bavarian garrison of Frank-
fort and the Prussian troops in the same city. The Aus-
trians and Bavariahs the other day made an attempt to take
the Prussian barracks by assault, and were only prevented
from continuing by the intervention of their officers. The
next day a workman apostrophised a sentinel, calling him
him "Dog of a Bismark!" !A violent disturbance arosveebe-
tral
hwoeuerz tahnedwaoßrkamvaerniaanndpatthreolshoalddietTtwutheircfh.erseliaxtsteidee
re-
store order. Seven persons were arrested
Messrs.d esc
Williriabme S hakespeare-
wounded, one of them a soldier. A twice to
were
erare Shakespearian
A SHAKESPEARIAN RELIC.—
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During the last
Produce Markets ; there have been no public sales
of either tea, sugar, coffee, or rice, and the private
transactions have been of quite a retail character.
Tallow has been in moderate request, but at mode-
rate rates. The markets close to-day for the Whit-
sun holidays, and re-open on Wednesday next, the
23rd inst.

The bulletin of the Paris Obseratory gives the
following as the atmospheric situation yesterday :
" The barometrical rise reported from England has
extended towards the E. and S. ; on one side it
reaches the North Sea, where the absence of Scan-
dinavian returns prevents us from fixing the limits ;
and on the other it extends to theAol:sinagn.d
Thethe
Pyrenees. On the Mediterranean, west of Italy, a
centre of depression still exists which has been there
for some days and is accompanied by storms, One of
which broke over Naples on Tuesday morning,
barometer is falling at all the western stations ; and
the wind is fresh from the S.S.E. at Penzance, which
would indicate that a gale is blowing
at some dis-
tame out at sea, and will probabiy produce squalls
on the coast." At Paris yesterday the weather waf
much more agreeable, with sunshine ; but the wind
continues in the N.E. At three the thermometer
marked 13,1 Centigrade (61 Fahrenheit.)