The Sun.
London, England, 1859-10-18 00:00:00

TILE DEFENCE OF TILE CHANNEL.

The following letter has been addre!sed by Sir
M. F. P. Berkeley, K.C.8., to Sir Francis T. Baring,
Bart., on the Naval Reserve Bill and Defence of
the Channel :

" My dear Sir Francis—Accept my best thanks
for the copy of your speech on the Naval Reserve
Bill. lam aware that it is not published for sale,
but for those friends whom you deem to take an
interest in this vital question, and who, like myself,
have turned their attention to it.
"I regret I cannot take the same favourable view
of the Bill as yourself. I have a very strong and de-
cided opinion on the subject of a reserve, and more
particularly a reserve calculated for Channel de-
fence, and the defence of our coasts generally. I
look upon that defence as paramount to all; but
when I hear and read the heap of fallacies occa-
sionally broached by some naval officers both as to
the defence of the Channel and the manning of the
navy, I am afraid I may only be adding to that heap
by giving my ideas publicity. Were I still in pub-
lic life, duty would, however, impose upon me the
task of endeavouring to refute the fallacies referred
to, involving, as it does, the problem of how the
Royal navy could be manned on a sudden emer-
gency, and how to obtain thousands of skilled
artisans almost at an hour's warning, confessedly
questions of the greatest difficulty. Impressment is
out of the question. The very fact of permitting
our merchant ships to be manned by other than
native-born seamen, or at least the greater portion
of them native-born, annihilates impressment, and I
don't wish to revive it. The interests of the mer-
cantile marine on this subject clash with the in-
terests of the Royal navy. Much might be effected
by a Merchant Seamen's Fund, under the control
of Government,. and liberally supported by pecu-
niary means, and, after all, money must be the
foundation of your reserve. But the mercantile_
interest in the House of Commons was too powerful
to allow such an undertaking. I have a much
more favourable opinion than you seem to entertain
of the continuous service system, not for the great,
increase it would give, but as retaining the most
valuable men, the schoolmasters (if I may so
call them) to a new ship's company. At the
close of the Russian war, when instant Par.
ing-off was determined upon, we had more
petty officers under that system than we had va..
cancies for, to a very large amount. The effects
numerically of the continuous service system could
not well be ascertained until it had been in opera-.
tion ten years ; a retrograde movement at half that
term was made, for the purpose of getting rid 0.1
the income-tax, by allow'ng those who had
entered for it their free discharge, after having re-
ceived the extra pay and allowances during the five
th e yearsbil
introducedl Nei
last continuous
cession
service system
give
you nor
the will
required number of seamen at short notice. The
first would be a gradual and ever increasing re'
serve, not felt for years, except, as I have before
stated, in securing the services of the most valuable,
men ; and much depends on the management et
minor details by the individual at the Board to
whom this department is more particularly in'
trusted, and the fact that you have stated as to the
numbers of able or ordinary seamen retained by 00
system is very easily accounted for. "
In quiet times, when no panic existed to fright
the isle from her propriety,' the duty of manning
his ship was left entirely to the officer in command'
Ordinary seamen were rejected so long as then
were able seamen in the market, and many fi
young men were consequently lost to the service.,
The continuous service system obviated this 011.!
which I assure you existed to a greater extent thol;
could be imagined. The ordinary seamen accepted
it to insure employment in the Royal navy, which
was too often refused. The bill of last year is open
to the same objection ; it does not provide whatl.y
require immediately, neither do I think it ever will'
On the contrary, I believe it would fail in time of
need.
"CHANNEL FLEETS AND CHANNEL DEFENCES. " Cherbourg appears to be the great bugbear of
i_
the day; for England it is the best port in which
_
the French fleet mild rendezvous. In whatever_
port France (being our enemy) has a fleet there's".
must have one in attendance; the further from or
shores the worse for us. Cherbourg can easily'
most easily—be watched from Spithead, or better
still from Portland. Coals are one of the greatest
essentials in future maritime warfare ; we cantle,
:
afford to expend them in blockading. The flee.;
with the most coal would be most effective. Adult"
that the opposing Channel fleets meet, under pre'
sent sent circumstances, it is probable that both woo":
be nearly annihilated. But for a moment let 171.
imagine that our fleet had sustained the greater
loss. Are we to depend upon the chances of a slur_
battle for the safety of our homes? We ought to
have a Channel force—l will not call it a fleet.....
quite independent of the Channel or any other fleet'
This force should ever be at hand; it should be
marked marked for and appropriated for Channel serve!:
and Channel service only. No temptation, no clr
cumstance, should induce us to divert it from its la,
r
tended purpose—namely, to give security to Of
shores, and to relieve the country from those fits 0
occasional panic or negligent security which have
already entailed upon us such enormous expenses'
The destruction of the opposing fleets would be 11l
hindrance to the attempt at. invasion. Even adnal
that part of that of the enemy survived the shcelci
while the -whole of ours had been destroyed,
should have reliance on my proposed Channel
force successfully to prevent invasion. One gre,t,
feature which has changed the whole system of de'
fence on our part, and which seems to me to have
been
.entirely overlooked by the various speakers
and writers on the subject, is thefact that the smalie."
gunboat is armed with weapons equally mischie;
vous
and. destructive as that on board the larger
ship in the service. The Cockchafer carries a gil
o f equal calibre, equal range, and throwing Prn,
j
ectile equally destructive as any gun carried .1
the Duke of Wellington. In former times the Sit
of the vessel determined the size of the as eoPel
and consequent. length of range. The 32-pounder
of the ship of the line could cut the frigate L,
ribands before the 18-pounder of the latter could wr
of any. avail. In the same way the 18-pounder o.`
the frigate overwhelmed the 12 or 9-pounder of till;
sloop, and, again, the sloop disposed of her nielit
pigmy opponents. small vessels had but small
chance of disabling their more powerful pursuetli
Many shot might be fired with good aim, but
took many to disable or even to cripple the giants" In the present day, one projectile from t"..,
pigmy striking mast, yard, or bowsprit of the po
suing giant, down it must come—indeed, it nag'
be lodged in a more vital
point, and the O,
ra
sequences be more serious than even the loss oun
spar, and it must be remembered how large the
.'
target to be aimed at on the one hand, and W
small the target on the other. Let us have
.7
swarm of these pigmies and Cockchafers—they
would be the force of all others to prevent 111'
vasion under all and every circumstance'
Brand them for Channel service, and that alone'
Keep them rigged as fitting for Channel servieci
r
and not for long voyages, when square sails and
more canvas may be necessary. I believe „
would succeed in manning them, although you o".
not succeed in doing so in large ships liable to go.
foreign, if you will only impress upon our seal'
faring home population that there is no intention t°
ask them to serve till their homes are threatenl
and to serve only in defence of their homes.
admit I was the originator of the Coast Volunteers'
but I am not to blame for its failure or rather par-
tial failure. The rules that I would have cite'.
blished, the details necessary to carry it out as Pre.;
posed by myself, have all been altered, and, in
many
instances, set aside. The evidence taken before th°
late commission on manning bears me out in tills
assertion, and I could have proved it, had it been
thought right to examine me. From the mower'
I went to the Board of Admiralty, I have strentl,
ously advocated the necessity of an available ref
serve to a large extent. To meet the objections et
all, to combat the prejudices of others, the subject
must. be well studied. Carrying out details and
making regulations are not the least difficult par'',
The constant change of boards—above all, the fie'
quent change of the individual at the head of the
board—renders it almost a hopeless task-40
requires perseverance in ono system in detail flO
well as a whole. No scheme can prosper that 1_
so constantly altered, and, above all, any school!
on the subject of manning the navy, as well es
establishing a reserve, must be steadily pin
in, and the ono end kept constantly in vievil i
'There are two distinct requirements—how to ll"
sure the services of a large body of able searnen
at the shortest possible notice for your flee!s
and cruisers, necessary all over the world'
and hew, at the same time, and at equally shoed
notice, to lying together a strong force of seafaring
men, sufficient to defend the Channel and repel 111;
vasion. The latter is the more easily accomplished
of the two. Both are absolutely necessary to out
existence existence as a great nation, and when tl e sop I.
shall he undertaken in real earnest I have no /cal
but both may be accomplished, although the met'
sures recently adopted, with respect to bountyhave
increased tho difficulty, and cannot but be preju-
dicial to the formation of any permanent reserVet
most assuredly rendering it more expensive.
" Yours sincerely,
M. F. F. BERKELEY.
"Berkeley Castle, Oct. 6."

The telegrams received yesterd iy from St. Pett 14'
burg state the quantity of tallow shipped off at 71,297 cask*
against' 78,695 at the same date last year. There Were
22,130 casks stored up, and about 18,000 of all sorts 1
to be disposed of,

.. • __.....u.,..., '.....,,,,.........0.............mr.1MP0N•01•011•11V1EN111M1N1M......010ik.........1.1•MM111M......
MONEY MARKET AND CITY N_EWS. SHARE MARKET.-( THIS DAY.) BRITISH POSSESSIONS.
-4 • I Business
SHARES AND STOCKS. Share Railways. i Closing raid. Price. Done.
CITY, Two o'CLocK. 1 Closing Business
In the Foreign and Colonial Produce Markets, Shsre
11 Paid. Railways. ' Price.
1 ___
___ lOO 'Atlantic &St Lawrence
Leased at 6 per cent.. j all 82 84 E 3
during the last few days, there has been a moderate , 18 Bora.,l3aroda&Centlnd i all 92 94 931
gu. 5 percent
amount of activity, but in some instances rather 12.10 Amberg., Notting. Bert. 18 Do. Addit. Capital A 6 1f 11 .. 12 1
50 and Eastern Junction 10 8 4si
18 Do. Do. B 9 11 111
lower rates have been current. Since the delivery IFelfa:t and Ballymena.. all - -
201 Buffalo and Lake Huron all 5 54e
13.14 , Bir. Wol., and Str. Val. all 8 81
of the letters by the Overland Mail tea has been a sto4 !Br", La , and Ch. June. 100 76 78 204 Do. New all - -
shade flatter; sugars, of good and fine quality, 25 ! all Blackburn
25 myth and Tyne a - - 100 f Buffalo,l3rant&Godrich 5 100 - (
6 p. ct. bds. 1 Aug., 18;2 )
-
have slightly advanced but inferior and low kinds, 10 I Bost Slefd.& Mid. Corm. all 6 8 100 Do. do. 1 July, 18;3 100 - -
'Stock ' Bristol and Exeter
190 Do. do. 1 June, 1874 - -
owing to a pressure of sales, have been in favour of
1 5 Clcutta.&S.Eastrn.Liir. 1. 30. id par
Stock Cdonian
buyers. The transactions in coffee have been un-20 Cape,Eastn.Prov.(Lim.) 2s. -SO Kale and Bandon 1 all --- -
20 Cape Town & Dock Scrip 2s. 11 1 d
-
important ; but fine qualities of Plantation Ceylon 20 Cork,l Blkrock,&Passagej all - -
20 Central Offde (Limited) 2s. 6d. - -
20 Cornwall all 6 61 6 1
realise fully late quotations. Rice has been in
10 ' Do." B
10 IDo A A roves. no div., 1 all - - 20 Ceylon Guaranteed 6p.e 74 11 1 d
174 Demerara - -
limited demand, at about previous values. In theuntil6p.c.per an.l all - - 20 Eastern Bengal.gu.sp.c 5 14 1 d
hasbeen pd.toß.l Stock East Indian, gu. sp. c: lOO 1001 101 10.4 1 1001 1
low and damaged descriptions of currants a large 50 !Dublin andßelfastJunc.' all - -
-
25 'Dun Perth & Abr June ' all ' 74 84 20 Do. F Shares Ext. 5 -
business has been transacted ; but saltpetre and Stock lEast"Ang,lia*n . •I
100 !14 15 20 Do. Jubbulpore 5 Id par
tallow have shown little activity. P.Y.C.., for both Stock , Eastern Counties i 100 '56 57 56 761 1
100 D 0.41 p.c. Bds. pa '59 all - --
100 Do. 41 p. c. Debeny.trs. a'l 99 100 994
Stock Eastern Union A Stock 100 ,35 39 371
20 G eelong& Mel.gua.s p. c. all 19 20
present and forward delivery, remains at about Stock I Do. do. B Stock 100 '25 27
Sto. f Geelong Corporation 6 5 100 _
595. 6d. to 60s. per cwt. 25 Do.Nw.A.(lte.E.U3ds) 84 - -
Stock East Lancashire lOO - - ( per cent. Bonds )
- - 20
Stock! Grand Trunk of Canada 100 38 39 3a 981
a I
Accounts from Liverpool report that the cotton Hs t Suffolk
100 Do. 6 per cent. Pref lOO 92 94
10 Do - - 100 Do. 6 percent. Debentr all 73 75 711 31
market yesterday closed steadily, and prices were Stock Edinburg and Glasgow 100 79 81 100 Do. 7 per cent. 1862 .... all 82 84
Stock : Edin Perth & Dundee. 100 125 284 271 81
without any material change. The sales wereloo Do. do. -1867....
10 I'FortlV& Clyde. Junction, all ' - - Stook Gt.lndiaPenin.gua.sp.e. 100 97 98 971 7 1
9,000 bales. Stock , Furness , 100 - - 20 Do. New, gua.s per cent. 4
5 1 ad 3i
Stock 'Glasgow & South Westn 1 100 1 98 100
20 Do. do - -
Money continues plentiful, and the rates for 10 f Great North of Scotland)all 1 - -
Stock 'Great Northern lOO ,103 104 1034 20 1 Gt.S.of Ind.Lim.-Scrip
accommodation exhibit a further downward ten- Stock , Do. do. A Stock lOO 18537 86 ( guaranteed 5 per cent. 1 2s. 2 lid 31
dency ; at the Bank the applications have been Stock Do. do. 13 Stock lOO 131 133 1321 2 201 Gt.W. of Canada Shares all 144 141 141 4 1
201 Do. New
Stock 'Gt. Soutli.& Wetn.(lreld), 100 106 108
diminished, as good commercial paper can be dis- Stock Great Western
( opt..ti '6O
Stock Do Str Vl.Rail Gua.Stk. 100 55 60 100 Do. do '73 till '6O
counted as low as 21 per cent., and in exceptional 12 friSh gouth Eastern... all - - 100 Do. do. 73 without opt all 98 102
cases 21 per cent. has been the quotation. This 100 Do. 51 p. C. do. '77 do
50 ;Lancaster and Carlisle. all 195 200
164 Do. Thirds
Stock Madras, guar., 41 p. c. 100 82 Elf
extreme easiness is exercising a beneficial influence 1613 4, Do. New Thirds l6 151 161 p 154 16 p
Stock Do. do. 5 per cent. 100 - - 931
at the Stock Exchange, where there is an increased Stock ; L ancashire & Yorkshire 100 97 94 971 I 20 Do. 41 p. a Extension_ 100 8.5 90
Stock ;London and Blackwall. 100 65 67 67 6
20 Do. Third Ex. gua.s.p.c. ' all 93 94
demand for investments, causing greater animation Stock Lon.,Brighton &S.Coast 100 112 113
20 Do. Fourth do.
25 Lond., Chat. and Dover' all 14 15
20 Do. do. - - and, in some instances, considerable buoyancy. The Stock' London & North Westn 100 951 061 961 1540 f 6
Stock 11.1elb. Corp. 6 p.c. Bends 100 - ---
inquiry for advances in that establishment, where 8
tto2c4 Do. Eighths
963
96 isi a
k London& South-Westn
20 i Ry.&Land(Lim.)g.6pc i, _
the available resources have been augmented, is 25 L'derry & Coleraine all - - Class ACapitl.Share.. "
25 ,L'derry & Enniskillen all 74 88
.. Do. do. Land d 0...
very quiet, and they can be obtained at 11 per cent. Stock; Sian., Shet, & Lincoln , 100 33 154 354 2 t 20 Do. do. B. Capital do.
There is a very quiet market for silver, but the stzklisliaaoliTilitan , 3
j 100 1064 1064 1064 17 64 1 :.:. Do. do. Land d 0... 10 - --d
a.e de (Lim. Red) -
prices continue firm. It is stated that the steamer Stock, Do. Birming. & Derby. f 100 85 87 851 20 Scinde 4.; all 181 191 19
50 [Mid. Gt. West. (Ireland)' all - - 20 Do. New Le g 12 11 1 d 10/ 5
for the East, on the 20th inst., will take out 25 Do. 1 Shares all - - 20 Do. Punjaub .. g. 5 * 144 31
£500,000, chiefly on Government account. 100 ;Newcastle and Carlisle ! all - - 20 Do. Indus. St. Flo. tz.,°' 15 1 15 d
25 ;New., Aber., & Herefd i all 91 104
20 St. Andrews &Quebec A 18 - -
A. further improvement took place this morning 10 'Newry & Armagh (det.)' 9 - - 10 Trinidad(Limited) Scrip 1 - -
In the market for English Securities, which now 4ooek NorfolkNewr WarPt•
& I°B
110011 56- 58- 574
FOREIGN RAILWAYS.
exhibits more buoyancy than for some time past. 50 iNorth. Counties Union. 134 34 2 d .
Stock North British j 100 601 614 01 661 I 4
19 Antwerp & Rotterdam all 44 46
Business also has increased, although the specula- Stock 'Nor.Dev.Rail.&Dk.Stk 100 - - 20 Ardmnnes all - -p
Stock Do A Stk -Arec no div
tors still refrain from entering into extensive en- until 6plc.hasbeenpdß, 100 - - 20 Bah.&S.Fran.,Lim.7p.e. 5 11 1 d
5 Belgian East. Junction all f /
gagements, because there is no immediate induce- Stock ,Do. B Stock _ ' 100 - -
Stock North-Eastn.-Berwick 100 90 01 91 901 11 20 Beziers to Graissessac.. all - -
meat to operate for a fc.ll, while, on the other hand, 25 :Do. do. G.N.E.Purchase'l6l3 4 2 11 d d 6 Carmeaux Mine & Rail. all 21 if
Stock Do. Leeds 1 100 46 47 46 51.45 100 Copiebo - -
purchases are effected with caution in consequence 1 100 741 755 74 51 51 10 Ditto Extension
Stock Do: York 2O Dutch Rhenish
of the high range of prices. Consols have been 96.7 Stock North London lOO 105 106 106 51
20 Eastern of France ...... all 261 271
‘ 20 North Staffordshire 174 41 4 d 134
20 Euphrates Valley 2s. - - p
4, but they are now a shade flatter, viz., 96' •-.1,•- North-Western - - 20 Grand Rua. Guar .5 p.c 6 - - '
10 No. & Sou. W. Junction, all 81 9,.. _ 20 Great Central of France all - - Ile New Threes have advanced to 95,1 1, ; the. Stock Oxford, Wor.,& Wolverine 3113 3191 a'l 20 Gt. Luxem., Con. shs.. all 74 71 71 1
Reduced, to 951; and Long Annuities, to 17: -1 10 Peebles I all - - 20 Italian Junction ..
-... 16 - -
-• 20 , Portsmouth - - India Stock is rather flatter at 219 ; ditto New 10 Rhymney lO - - 20 Lierre and Turnhout... all - -
has improved to 1041 ; and the Scrip 1041 The Stock !Scottish Central 1 100 113 115 _ .
f 20 Lombardo Venetian..., 8 - 4 i
-p 12
• Stock; South. N.E., Aber. Stock I 100 27 28 27
20 Ditto New 8 24 24
Loan Debentures (1858) are firm at 961 97, and Stock', Do. Scottish Mid. Stock' 100 82 84
20 Lyons and Geneva - -
Stock' Shropshire Union I 100 - - 334 Maria Antonia all - -
ditto (1859) 971 Exchequer Bills have receded io ;Sittipztourne & Sheer.; all 3 24 d
4• 10 Do. do. New - -
Stock ;South Devon lOO 46 474 to 275. prem. 20 Namur and Liege all 81 81
100 77 781 774 87484 74
Stock ;South-Eastern2o Do. do. 6p. c. Pref. all 19 20
In the Foreign Stock Market business continues Stock 'South Wales
16 Northern of France.... all 374 371
Stock i SouthYorks.&Riv.Dun. all 62 65
20 Do. New Shares - - p
moderately active, and prices generally show an 20 Staines, Wok., & Wek..l all 6 8 10 Norwegian Trunk Pref all 9 10
advance. Turkish 6 per Cents. 791 to 801 ; ditto 255 Stockton & Darlington. all 354 364
Do. do. 1855 9 - - 20 Paris,Lyons, and Medit all 361 361 365
20 Paris and Or
...... all 53 65
New, 681 to 691 ; and the 4 per Cents. are 1031 ; 25 Do. do. 1858 9 - -
- Stockton & Hartlepool 161 - - 20 f Recife& S. Fran. (Pern.), 113 if 24 d
Mexican has improved to 221 I, Sardinian to 87,. Stock Taff Vale lOO - - I gua. 7p. ct. (Lim.) ...
20 Riv,•,a and Dunaburg.... 8 - -
Venezuelan 21 per Cents. to 271 and 281, ditto 1 Stock2s i Tr)io, .a
in es Preference,ay
II nPklllail 100
-= --- 10 Rome and Frascati .... all - -
per Cents. to 141, and Brazilian 5 per Cents. to 50 ,Ulster - -
25 I Do - -
102 ; Peruvian 41 per Cents. are steady, at 91 ; Stock Vale of Nenth lOO 63 63 59 4 Do. 7 per cent. Pref. .. all - -
ditto Uribarren are firm, at 831 • and ditto 3 per 10 I Victoria Station & Pim 71 - - 20 Sambre and 31eu5e..... all 61 61 61
10 Do. 54 per cent. Prof. ... all 84 94 2 , Stock,Waterford & K 00 - -ilkenny 1
20 Southern of France.... all 20 21
Cents. at 70. Russian 5 per Cents. arc marked 50 ;Waterford & Limerick all - -
81 West Flanders
114 20 West Cornwall
e. P
all 0/ 61
10 `i'-end Lon. & Cry Pal. all - - 10 Do. 54 p.reference . all 91 101
20 W. & N.W. of France.. all 22 23
Business in the Railway Share Market has been 5 Do.A.-Arecv.nodiv.till
20 Western of Austria .. . 6 - -
7 p.e. has been. pd. to B all 3i 34
exceedingly buoyant, and in several instances prices 5 Do. B 1 all 71 71 71 1 1 20 Western of Switzerland all - -
20 'West London all 6 Wiesbaden - -
have shown a decided upward tendency. Cale- 10 I Do. Ist Chss all - - 6 Do 8 per cent. Pref all - -
donians, owing to a rumour current that an aural- 20 !Do. 2d Class I all -.-
.... 2O Zealand all - -
PREFERENCE SIIARES.
gamation is likely to take place with the North- - COLONIAL GOVERNMENT SECURITIES.
Closingrrim ,
Done. Business --
Western, have advanced fully L 1 to £1 ss. Eastern Share, Railways. raid.
Closing [ a
Business
Counties have improved £l, South-Western 11, - 1 Share Securities. Paid. ce Pris. Deno,
North-Western and South-Eastern 155., London 25 iI i
Blythe and Tyne IC per - an.Gov.6 p.c Ja.az July 100 1141 1151 115 141
and Blackwall and North British 10s., and Great stk; BrBi.sP. &relif.lxet.4p.ct.Stock 100 95 97
(Issued at £5O) all
‘.- - - Do. 6 p.c.1.-o.&Atig-. 100 112 114
- Do. 6 p.c.lllr. & Sep. 100 112 114
Western and Lancashire and Yorkshire 3s. Great 120 ' Do. do. do. Shares
Stock Caledon LlO, 41 per cent 14 - - - .8.G0v.6p.c..7a. &July 10C 112 113
- Do. 6p.c.Ap. & Oct. 100 - --
Northern, M 100 101 103 1011
anchester, Sheffield, and Lincoln, 12.10 'Do. Quar. Shares, No. 2. 10 - -- - . S.W. Gov. sp. c. Deb. 106 100 102
(11 ;Cork & Bandon, 51 pc. all - - - D0.5p.cen.1871 to 1976 100 100 102 1014
Oxford, Worcester, and Wolverhampton, and seve-- Do.sp.cen.lBBB and up 100 100 101
204 Cornwa:l, 5 perc'en L.. all - -
ral others are in good demand, and realise fully - NovaSaNaGov.6 p.c. S.
61 Dun. Pertle& Aber.Jnn. all 54 6
Stock E.Angn. Class A 7& opt 100 99 101 Deb. redeemable, 1875 100 110 111 1 1101 4
late quotations. Stock' Do. do. Class B 6 pc lOO 112 115
- S.Aus.Gt.6 pc.Jan&July 100 111 113
Stock Do. do. Class C 7 pc - Tict-Gov.6p.c.Jan&July 100 - -
The Foreign and Colonial Markets have beenlll 113 111/ 11 la
100 107 10.1
- Do. do. April & Oct. 100 1081 1091 100 IR 91 81
Stock E. Conn. Ex. 5 p ct. No.li 100
N 0.2
rather quiet, prices, however, are steady. Lom- Stock; Do. do
Stock Do New 6 per ct Stock 100 126 128 126
100 110 112 110 111
MISCELLATi EOUS.
bardo-Venetian have advanced to 123 1 ; East Stock" Ea; ternUnlon, 4.per ct. 100 82 84 --1 --! , 1
Indian to 1011 1; Grand Trunk of Canada are `stock, spc shares 100 - -
Stock, Do. 4 p.e. gua. S. &D. 100 90 92 Miami Miscellaneous. I Paid.l TAT! ISusiness done
39 to 391 ; and Great 'Western of Canada, 141, Stock I Edin. Perth,& Dun. 4 pc. 100 71 78 744 I ' i
•10 Anglo-5I extcan Mint .. all 144 154
Stock Furness, 5 per cent 100 -
Joint-Stock Bank and Miscellaneous Shares have Stock Glas. &S W-est.'_;- a. 5-p.c.. .100 113 115 1000 Atlantic Tel. (Limited). all 210 250
*Stock Great Northern, sp. ct. '°°. 117 1" 2.5 Australian Agricultural 19 30 3t 301 1
shown very little variation of importance, the deal. Stock' Do. spc Redm 10 C DITI 100 109 111 10 Australian Royal Mail . all f
lags having been extremely circumscribed. Berlinlo Berlin Water Works ... all 44 5 41 61 41 51
Stock Do. 41 p. c. do."doP.• ' lOO 105 107
100 Do.sp.c. Redm.,s pc. pm. 80 84 86 50 British American Land 40 - -
Water 'Works have advanced ss. ; Van Diemen's all - - 50 Brit. &. Irish Mag.Tel.A. all 36 38
10 Gt. Nh. of Seotld, lstcp.
Gt. Sn. & W (Irelan )4 I 100 -
Land shares have again shown increased buoyancy, Stock2o Do. B, 7p. C. till 1862.. all 19 50
-
p. et. pref. Stock ... 20 'Do. C .
the latest quotations being 15 to 16, an improve- 50 Great West. (Berks and : 100 Canada Land 324 109 114
meat of 2to 3 per cent.Hants) Ext. 5 p.ct.. 6 - 10 Chan.lslands Tel.(Lim ) all 8 9
Stock Do. Redeemable, 41 p it.. 100 97 99 Stock Cop.Min.olFaig.&Smltg all - -
Stool Do. Redeemable, 4p. ct. 100 88 90 ~,, 25 Do. Preference 71 per ct all 24 251
Stock Do. Irredeemable, d 0... 100 89 91 1,0 5 Crystal Palace.
BRITISH FUNDS-CLOSING PRICES. Stock Do. sp. et. Redeem. Pref 100 100 102 101 4 5 Do. Preference
Bank Stock
3 per Cent. Reduced Annuities 95 1 10 Gt. West. Chem. 8 p.c.pf. 25 Do. New
3 per Cent. Consols Annuities
Now 3 per Cont. Annuities 95 / 5 10 Do. do. sp. et pref all 10 ICI 101
1
Stock Do Birming. guar. stock 100 73 75 15 Gen. Steam Navigation. 14 - -
20 Gl.lronScrewCol.(Lim all - -
Long Annuities, expire sth Jan., 1880.... - 261 I Do. Chesterguar.shares all 19 20 1 Great Ship (Limited).. all f 1 4
Ditto for 30 Years, expire sth April, 1885 171 5 134 Do. do, do - -
India Stock
Ditto, 1859, 5 per Cent.
Ditto Loan Scrip, 5 per cent -
Ditto Debentures, MSB
Stock !D •
Stoek ' Do: d 0.5 p. ca..'
~.. pc. p.,u No.I 100 - -- 20 Madras Irr. and Cana
all - - . o. pref. sp. c No 2 100 - 10 sTediter. Electric Teleg.
Ditto, 1859
6 p.
Neto. .4. 100 -
Stock Do. New •„
- . 100 - - 4 'Lon d.Gen. Omnibus Col. all
il 1
tlf
11 1
10 Med. Exten. Tel. (Lim.) all 51 6
Ditto Bonds, £l,000
25 National Diseount Ce...
Ditty under £l,OOO - - 5 10 Netherlands Land all - -
Consols for Account (Nov. 8) - 5 ,Do 8 p.c.rref.,iss.at ldis. all 4 1
Exchequer Bills, £I,OOO, 11d.. - -
Stock ' Lon.& S. W, 7 p.ct. stock, • I N.B.Australasian (Lira.) all 1 1
FOREIGN FUNDS-CLOSING PRICES. late 3d shares lOO - - 1 Oriental Gas
Brazilian 5 per Cent. - - 1 Do. New Shares is,. i d .1 P
Ditto 41 per Cent. 1852
p. ct. 100 121 123 10 Orient'. In. Steam, A.. 6 -- -
-
Ditto, 1829 955 Stock Man.,Sh., & Lin., 610 Ditto B 4 -
and 1839 -
Ditto, 5 per Cent., 1843
Ditto 41 per Cent. 1858. 96 124 Waryport & Car., 4 p.c all - - 50 Pen. & Oriental Steam. all 75 77
Mexican 3 per Cent. - - 50 Do. New l5 9 11
151
Ditto Account - -
Stock Wid. Con. 6p. c. Stock 100 - - 20 Red Sea & Ind. Telegr. 15 1
50 Rhymney Iron
Peruvian 41 per Cent Stock Do.Con.Bris.&Bir.6p.ei. 100 140 142 1414 15 Do. New
Ditto Account Ol Stock Do. 44 p. c. pref. stock.. 100 103 104 100 Royal Mail Steam 6O - -
Ditto (Uribarren), 41 per Cent.
all
2621 2731
Ditto 3 per Cent.
.. 25 South Australian Land. all 35i
137 305
Ditto Account
p. c. redeem, at 5 p.c. rmt I 1 Do. do Registered all 1 1
Pc'rtW,mse, 1853, 3 per Cent. - -
Ditto Account
r4Ditto 3 per Cent., 1856, '7 and '9 .. 45 Stock Norfolk Deb. 4 p.e.shares 100 -
BRITISH MINES.
Russian, 1822, ,C St., 5 per Cent llo} Stock Do sp.c.Ext.Stock,lB46 VS, - - , ______________
Ditto 3 ent . - - \ Closing BRAWN'
' Ditto Scrip)Sardinian, - -
Stock North British, 5 percent 100 110 112 Share Mines. Paid. price. Done.
sPer Cent. - Stock Do. New, gua. 5 percent 100 107 109
- Alfred Conso s(Philack) 2.11.19 .41 41
~ Ditto Account - - 15 - -
20 British Iron
cP3lllsh 3 per Cent
Ditto Aecount - Ea st. irred. 4 p.c. Deb. 100 - -
10 Devon G. Cons. (Taoist.) 1 420 425
464 I Stock Do. Consol. Pref. 4p. c. 100 90 92
- East Bassett (Mo(,ran). 30 1674 1721 170 2
Ditto New Deferred, 3 per Cent.
- E. WI Russ], (Tavistk.) 6.17.0 9 94
Ditto A ceount - 17 Do. do. do. 813 4 11 1 p d5ll 45 48
311 34 20 Do. Leeds, 6p. c. No. 1. 13 - - - G am.&StAubyn(G wen.)
14
Spanish
Com. Cert. of Coup. not funded., 4a
Ittrkish 6 per Cent. l2l Do. do. Quarters,lBl6 .. 9 - 7
- 25 Do. York, H.& S. Purch. 10 fit) iP
Ditto Ace° ant
- Great South Tolgits....
Lady Bertha
Ditto rely Loan - G.Wheal Alfd.(Phillack) 12.117.88 111 1
- M oliret sin Lelant).
ar, 10.6.7 55 15 551
w - Stock Do. Redeem., 2d gua.... 100 123 126 1111
- North Frances (Mogan) 10 6 6 Ot
Ditto Account - Stock Do. Irredeern., 24 zua. 100 114 118
- North Wheal Crofty... 7.9.4 81 9 ... Ditto Guaranteed, 4 per Cent.
- N.Wii'l Basset (Mogan) nil. 74 8
votiezuela. 21 per Cent. - -
- Par Consols (St. Blazy). 14 11 12
Ditto Account - -
- Providence (Uny Lelnt) 10.6.7 50 55 521 4 3
Ditto 1 per Cent. - -
Stock Do. 31 per c. pref. stock 100 74 76 - Sortridge Cons. Min. Co. ss 4 4
- SouthCaradon(St.Cleer) 11 230 235
Dividends on the above payable in London. Stock Do.Aberdeen.gua.6 pc. 100 120 124 121
- Sot C. Brea( Mogan). 2 21 3
13e12jan, 21 per Cent., Ex. 95f. - Stock Do. 7p. C. pref. stock. 100 120 125
bil2itto 41 per Cent.,"E'x..2-5f
10 Do. Fixed 41 percent, all - - 41 21 21
Mining Co
"h Exchan e 12 Gull. 21 per Cent... 6(34 1.0.6. South Eastern (Reading -5- '
IS,
RII iii.! asl i Fran.l,er and(ll 1 ofeaand) 18.18.9 135 145
9 41 5
.0!)itt? Certificates,g' 4 per Cent.
- UnitedMines(Gwennap) 40 - - •
' erurtan Dollar Bonds, 4 per Ct. Ex. 4s 82 Stock Do .44 per cent lOO 102 103 104
- Vale of Towey (Caren.) 12s 6d f 1
...
TIIREE O'CLOCK. Stock Do.Fixed44p.c.lstis.
- West Basset (Illogan).. 1i 20 21
Stock South Wales, gua. 4 p.c. 100 - - - W. Caradon (Liskeard). 10 1471 1152 i
Consols, Money - -
Ditto Account (Nov.) - - 100
...................•••••• 25 Stock. and Dar. A 5 p.e. all 28 20 _
_-
Wheal W h e a Wheat
BB
tails
iseert ( (RI lel
do
rg,oa
tnh)
).
551 10900 200100 1901
-- 'Wheal Edward (Cals.). 6 14 14
25 Do. B 6 per cent .... all 324 331
- Wheal Kitty(U. ).slant) 1.7.2 11 12
all 32 33 8 33 35
- VVli'l 51aryAnn (Menhe) PAVING TIIE GRAVS-INN-ROAD.-On Friday the Stock 25
Waterford l)o.
( cent:l. - All Trelawney (Lisk.) 41 t 274 284
authorities of St. Pancras commenced the paving of the 6 per cent. . all 153 65

FOREIGN RAILWAYS.
16 Antwerp & Rotterdam all 41 46
20 Ardsnnes all —p
20 Bah.&S.Fran.,Lim.7p.e 5 11 1 d
5 Belgian East. Junction all
26 Beziers to Graissessac all
6 Carmeaux Mine & Rail all 21 if
100 Copitibo
10 Ditto Extension
20 Dutch Rhenish
20 Eastern of France all 26i 271
20 Euphrates Valley 2e. p
20 Grand Rua. Guar .5 p.c 6
20 Great Central of France all
20 Gt. Luxem., Con. aha all 71 71 71 1
20 Italian Junction
20 Lake Constance & Rale all
20 Licrre and Turnhout all
20 Lombardo Venetian..., 8 —p 121 1
20 Ditto New 8 21 21
20 Lyons and Genera
33} Maria Antonia all
10 Do. do. New
20 Namur and Liege all 81 8}
20 Do. do. 6p. c. Pref. all 19 20
16 Northern of France
20 Do. New Shares
10 Norwegian Trunk Pref all 9 10
20 Paris,Lyons, and Medit all 361 361 361
20 Paris and Orleans
20
Recife& S. Fran. (Fern.),) „ * 2} d
gua. 7 p. et. (Lim.)
20 Riga and Dunaburg 8
10 Rome and Frascati
20 Royal Danish all
5 Royal Swedish
4 Do. 7 per cent. Pref.
20 Sambre and Meuse all 61 6f 61
10 Do. 51 per cent. Pref all 81 91
20 Southern of France
81 West Flanders
10 Do. 51 p. c. Preference
20 W. & N.W. of France all 22 23
20 Western of Austria 6
20 Western of Switzerland all
6 Wiesbaden
6 Do 8 per cent. Pref all
20 Zealand all

PAVING THE GRAY'S-INN-ROAD.—On Friday the
authorities of St. Pancras commenced the paving of the
Grarg-inn-road, which for months past has been in a dan-
gerous condition. The distance to be paved is at least half
a mils, extending from Guildford-street, to King's cross,
411C1 the contract has been accepted, and to be completed in
10 w - eeka, by Messrs. Pratt and Sewell, the road contractors,
at a cost of £9,700.
.13URNING OF A SHlP.—Advices received from
111.'rerPool state that the Rome, of Bath (United States), from
hiverl3ool, arrived at St. Thomas's on the Gth Sept., had
er cargo on fire and burnt to the water's edge, in 23 feet
water, on the 18th Sept.
A, LUCKY COLONIST.—Great progress is being
,„ uft ein the establishment of new townships and villages—
illcat satisfactory proof of the substantial advance of the
Cinee• Several estates within a few miles of Auckland
.(3 recently been sold for the purpose, and one of them.
_e property of Mr. Joseph May, realised Lll,OOO for 70
artereB. It was sold in lots of from one rood to half an
,cre. Mr. May landed in New Zealand 16 years ago,
-aamzPartea tively a poor man.—Aurtralian and New Zealand
A CAPTAIN FINED FOP. SMUGGLING.—On Sa-
Rrday James Allerton, the captain of the ship Princess
044 which arrived at Liverpool, from Havre on the 11th
fa., was fined £lOO for smuggling (in a chest containing a
t„.1,3 back and bottom) a quantity of wines, spirits, and
"''„lcco. •
t MISS MAIITINEAIT ON STARVATION.—A person
4rved to death on a desert island lives only a few days.
t•arn acquainted with one who lived thirty days under these
irearastanees ; but he was the only survivor of his party ;
c: Iva= barely breathing when assistance came ; and his
1.46 is considered almost unparalleled. He and his cora-
e3 had been set ashore in a mutiny. He made the Free-
ear(ttBons' Sign to the leading mutineer, and the man
urned in thirty days, landed with a kettle of hot brandy-
'rwater in his hand, and found my friend senseless under
urBlsh, with the bodies of his comrades lying about him.
e, aPpearance was extraordinary ever afterwards, as if
ery fibre in his face was vibrating without ceasing ; but
ti°, recovered to be a world's wonder, for having lived
rdy days through the waste of his frame, without
; having been repaired more or less. Four days
`4oilbsolute fasting is, I believe, usually considered
Ville The element which repairs this waste is
i—ed the. nitrogenous substance of food ; the other
2_ called the carboniferous. There ought to be three times
much of the latter as of the former to keep one in full
4,lth ; but a person may do without it for a short time
taeut fatal consequences, because the nitrogenous tier-
IMMO its place to A small tate:Ai—Ono a reek,