The Sun.
London, England, 1861-06-29 00:00:00

MONEY MARKET AND CITY KEIVS.

CITY, Two O'CLOCK.

There is rather more activity in the general dis-
count market, and full rates are demanded for ac-
commodation,

The bullion operations at the Bank of England
yesterday comprised the withdrawal of £20,000 in
bar gold and of 25,000 sovereigns.
There was no alteration of importance in the
foreign exchanges yesterday afternoon.
At the meeting of the creditors of Messrs. Las.
caridi and Co., Greek merchants, who suspended
on the 9th ult., it was stated that their direct lia-
bilities amount to £212,184, and the assets to
£133,433. It was resolved to wind up the estate
under the supervision of a committee appointed for
that purpose.

Continued firmness was apparent in the Liver-
pool Cotton Market yesterday, and the sales reached
12,000 bales, about 4,000 of which were for export
and on speculation.

Since Monday last the specie movement has been
rather favourable, the imports having amounted to
£674,700, and the exports to only £425,135.
A quiet tone has pervaded the market for
Public Securities to-day, and a few sales
have led to a decline of -I per cent. Con-
sols being 891 Z for transfer, and 891 I for
the account. Very little business, however, has
been transacted, either for speculation or invest-
ment. The New Three per Cents, realised
88 and the Reduced Annuities 88Z
The 5 per Cent. India Loan remains at 982 ; and
India Debentures at 951 ; Exchequer Bills were
dull, the March issue being quoted 10s. dis., and
the June at par.

Business in the Foreign Stock Market was
almost neglected, the only dealing recorded being
in Mexican Stock at 21i 22. Turkish 6 per Cents.
are nominally steady at 711 721; and the Loan of
-1858, at 561-, 571.

Business in the Railway Share Market con-
tinued exceedingly dull, and little change of im-
portance took place in prices ; the general ten-
dency, however, was towards a decline. Lanca-
shire and Yorkshire receded 5s ; and :Great Wes-
tern, 10s. ; Manchester, Sheffield, and Lincoln
advanced 10s.

The Foreign and Colonial lines have been heavy
without material alteration in values. West Flan-
ders brought 61; Grand Trunk of Canada, 17 ;
Great Western of Canada, 9i 10; East Indian, 971 ;
and Great Indian Peninsula, 951
Joint Stock Bank and Miscellaneous Shares were
in limited request at about previous values.

BRITISH FUNDS—CLOSING PRICF:s
3 per Cent. Reduced Annuities BBl a 1
3 per Cent. Cons.ls Annuities
New 3 per Cent. Annuities BBl f
India Stock
Ditto 5 per Cent
Ditto Enlaced Paper, 4 per Cent. 77
Ditto Debentures, 1864
Ditto 1859
Consols for Account, July 10 B9l I
India Stock for Account
Ditto 5 per Cent.
March. June.
Exchequer Bills, £l,OOO, 2d lO die par
D tin £5OO —
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Mexican 3 per Cent .. 21f
Ditto Account
Dividends on the above payable in London.

TWO O'CLOCF .
Consols, Money
Ditto Account B9l
89

CHINA INDEMNITY.—On the 23d of April a large
instalment of the indemnity was paid into the Government
Bank at Canton by the Chinese Government, in accordance

With the terms of the convention signed at Pekin.--London
and China Telegraph.

WAR 'WITH RUSSlA.—Yesterday a return was
issued showing that £53,430 15s. 10d. is required to be
voted to make god to the Treasury chest on account of the
excess of expenditure.

THE WASP, 13, COMMANDER STIRLING.—By
advices received from Cape Town, dated May 21st, we are
glad to notice that the crew of her Majesty's sloop Wasp
(wrecked) had savely arrived at Zanguibar.
SIR BENJAMIN BRODIE.—We have much satin,
faction in stating that an operation performed on thi
distinguished physician's eye last Tuesday has been most
successful.

GREAT WESTERN RAILWAY.--The works for
laying down the narrow gauge in combination with the
broad gauge between Paddington and Reading have been
commenced, and will be accomplished by laying a 4ft. 7in.
rail gauge with the existing gauge of 7ft.

DEATH OF MAJOR RICHARD OMPSON.--We
have to record the demise of Major Richard Thompson,
late of the 54th Kin4's Own Light Infantry, which oc-
curred at No. 1, Nile-terrace, New Bromp6n, Gillingham,
Rent, a few days since, aged 63 years.

THE CONVICT WARDER COOPER —This unfor-
tunate officer, who was the victim of a murderous attack
with a spade, by a convict named Powchett, at Chatham,
who was revengeful because Cooper had been obliged to re-
port some misconduct of his, is progressing very favour-
ably. The warder was badly hurt, and the bones of his right
hand were broken, so that probably he will never recover
the entire use of the hand, but his life was never consi-
dered to be in danger. Up to the time of this atrocious attack,
the warders were armed merely with truncheons, and that
of not very formidable dimensions ; but now the authorities,
in order that the officers may not be exposed to danger
from the convicts in an almost defenceless state, have
ordered that the warders shall be armed with cutlasses.
STEAMSHIP BUILDING ON THE CLYDE.—The Nor-
wegian, built for the Montreal Ocean Steamship Company,
and intended for the Liverpool and Canadian trade, has just
been engined and completed for sea, and arrived at Liver•
pool in the course of the current week. The Norwegian
was built by Messrs. William Denny and Brothers, of
Dumbarton. Messrs. Tod and Macgregor have launched
from their building-yard at Meadowside a screw, named
the Princess Royal, intended for the Glasgow and Liver-
pool station. The Princess Royal is of the following dimen-
aions :—Length of keel and forerake, 230 feet ; breadth of
beam, 28 feet ; depth of hold, 15 feet ; burden, 774 tons.
She is now being fitted with a pair of geared engines of
150-horse power nominal.
RAILWAY COMMITTEES.—The Leven and East of
Fife Railway Companies Bills for Amalgamation and Ex-
tension and the Westminster Fire and Life Assurance
Company's Bill were yesterday passed in Lord Redesdale's
committee. The Hammersmith, Paddington, and City
Junction Railway Bill has been passed in the committee
on the Metropolitan Railways, and the cases of the South
Wales Railway and North Somerset Railway are still under
consideration. A new committee has been appointed too
consider the Edinburgh, Perth and Dundee, and Forth and
Clyde Junction Railway Bills.

RELATIONSHIP OF THE LATE SULTAN AND NA-
70LEoN lII.—Le Pays informs us that Sultan Abdul Med-,
jid was a cousin of Napoleon 111., and the kinsmanshiP
came in this way :—ln 1766 was born, at Martinique, Mdlle.
Dubuc de Rivery, first cousin of Mdlle. Josephine de la
Pagerie, On her return back from Nantes, at the age of
18, the ship foundering, she was picked up by a Spanish
barque bound for Minorca; taken by Algerines, purchased
by the Dey, presented to the Sultan—she became the mother
of Mahmood and grandmother of the late Sovereign.
NEW TELEGRAPH ROUTE TO CHlNA.—Messages
can now be sent from London through Russia to China, the
route being to Kasan, thence via Kiachta to Pekin, either
by post or by estafette from Kasan to Kiachta, and thence
to Pekin. The charges are as follows message of 20
words to Kasan, £1 2s. ; Kasan to Kiachta, 23 days' post,
and to Pekin, 14 days, Bs. If sent by estafette the time
saved will be eight days, but the expense increased by £26.
--London and China Telegraph.
CULTIVATION OF COTTON IN NATAL.—Experi-
ence has sufficiently proved that, with care, 600 lbs. of
cotton per acre may be obtained in Natal. Many estimates
have been made at a much higher figure, but that may be
assumed as a fair average. The plant, moreover, continues
to bloom for a long succession of years. Sea Island appears
to be the description best adapted to the coast, while in-
ferior sorts are better fitted for the cultivation of natives.
Coolies having been successfully introduced, the labour
question has met with a solution ; and if Manchester capi-
talists are disposed to assist Natal growers in any way, they
cannot do so more effectually than by importing a number
of coolies and distributing them to men of small means on
the coast or elsewhere, who will agree to certain terms re-
garding the rep ryment of expenses and the guaranteed sup-
ply of cotton. This would be a most certain and satisfac-
tory method of ensuring the extended growth of the plant.
It -would open up a remunerative avenue of enterprise to
men of small means, who shrink from the costlier respon-
sibilities of sugar planting, and would render available
ranch useless land.—Cape and .Natal .News.
STATE OF THE CROPS IN THE NORTH OF IRELAND
--Our correspondents' special reports from the agricultural
districts, this week, are of a highly satisfactory nature.
Prom all quarters we hear the same gratifying assurances
of the important results from the general rainfall over the
"IntrY• Many of our correspondents concur in using the
aarn(3 expres4ions of wonder at the astonishing improve-
utent in the crops which has taken place during the past
Week. Without a single Exception, potatoes are reported as
p
pinerstelltlng a most favourable appearance. This most im-
Zerop is everywhere displaying extreme luxuriance,
Q
Zrottha Ein gle symptom or ditea,,,e Las ecn cl-,F.ervei3,—
ern Trtiv.