The Sun.
London, England, 1866-08-27 00:00:00

The Price of Gold.

The quotation of gold at Paris is about at par, and
the short exchange on London is 25.27 i per £1 sterling. On
comparing these rates with the English Mint price of £.l
10id. per ounce for standard gold, it appears that gold is
about 4-10chs per cent. dearer in London than in Par i&
The course of exchange at New York on London for bills at
60 days' sight is 1071 to 106 per cent. At these rates ther e
is no profit on the importation of gold from the United
States.

The interruption of the telegraphic commu nice
tion between London and Frankfort-on-the-M aino,
occaasioned by the war, has been obviated, and the
line is now re-opened. The stoppage of the work-
ing of the telegraph caused such inconvenience to
bankers and merchants that several Frankfort
houses found it necessary to open branch offices
within the Prussian frontier, as close as possible to
Frankfort, in order to keep up the telegraphic
correspondence between London and cities on the
Continent.

RUMOURED REDUCTION IN TIIE FRENCE ARMY •
—The Paris, to show that there is no likelihood of peace
being broken, mentions that the French army will soon
be reduced by 25,000 men deducted from the reserves.
TWELVE MILLION _ POUNDS PAYMENT FOR
down
VENETIA ! The Press of Vienna announces that the in-
demnity demanded from Italy by Austria for the cession
of Venetia is £12,000,000 sterling.
both P
the
the h 9 e
a ra.ruce.
days,
LICHFIELD RACES.—The London and North-Western
a n yu
sht
oa v ec oniscehnfit ee
Idd , o
t o t 43
milaiaillwtia•aY Cinformomp En a
t L
for the convenience of those attending the races.

STEEPLECHASE BY MOONLIGHT.—OH Tuesday
last a very hazardous match was made at Aldershot be-
tween Lieut. Walmesley and Cornet Edgell, two officers of
the 17th Lancers, the conditions being that they should
ride from Aldershot to Ash station by moonlight,
the riders Wearing their nightshirts over their mess dress.
About 10.30 p.m. the competitors in their white
garments,
for
accompanied by about 25 horsemen, left the
the Redan Fort, the starting-point. Thoorma
great deal
brightly, but a thick mist hung heavily
all. At the sound
it almost impossible to see the fences at
away barracksoon shone
of the word " Off !" both men
iv.
00
first three fences,
renderingrattling
of the country to be crossed, in someattynsleaets
pace, Mr. Walmesley loading
°tvhird being a rotten bank
two of which were timber,
Mr. &Igen then came
well-known old
grey, Test and rails in true sporting style.
out of a lane,
up, and both crossed
and the pace, which had
entirely obscuredod, fences,tsji:onfelewg round, where the fog almost
which fullyh•otetrsut°ep. the clever powers of his
became slow, and both horses had
shaves over the awkward places that
d. The first check occurred at a gate,
bo crossed.
had to roigsnito
which ~after one or two attempts,
where be
hitherto
cleared. Mr. Edgell, evidently disgusted
Mr. WalmesleY being loft behind,
at the likelihood of
and succoeded in cramming his horse full tilt through it,
someeYrtv:tylalbienrgeoalf:used, and 1 ,
literally smashing the gate to pieces. The crash was
heard distinctly in the stillness of the night a quarter of a
mile off. The riders, now guided by the signal lights at
Ash station, kept well together till both jumped simulta-
neously into the road, some 80 yards from the winning-
post, and a slashing race ensued to the finish, Mr. Edgel
ultimately winning by a head .—Beirs Life.
From the manufacturing districts the accounts
generally have been of a satisfactory character. The
woollen trade of Leeds, Bradford, and Hudders-
field has shown increased animation owing to a good
demand for winter fabrics. At Manchester, how-
ever, there has been little change, prices being barely
maintained for both cloths and yarns. The hosiery
and lace trades of Leicester and Nottingham have
been animated, and the operatives are in full
:em-
ployment. At Birmingham, Sheffield, and Wolver-
hampton hampton a more cheerful tone has also
most departments of business consequent
America, and Australia, and some,
extensive orders
Government.
Considerable heavy guns on the part of brov fropntruernment.pvoaliled con-
siderable orders having been received Canada,
Considerable activity
Tinhethneumgbenereroall
298, whle the clearances
vesselsat the Cnstom-house
from foreign ports were i
business of the port ofdLp
133. TheenwTarsrnevdaoinle.d
despatched to the
outwar
vessels
dsrewpeorretcli
Australian colonies included 2 to Port Philip, 2 to
Zealand,New and 1 to Sydney, with an aggregate
tonnage of 4,907.