The Sun.
London, England, 1861-08-16 00:00:00

BOROUGH HOP.

The accounts are favourable from some parts of the
plantations, and a fair crop is looked forward to, the esti-
mate of the duty being 120,000. For all kinds of hops we
have to report a dull inquiry, and prices have a downward
tendency.
Mid and East Kent pockets 80s to 200 s per cwt.
Weald s ............ 70s 170 s ~
Sussex
Yearlings .......... , .. 110 s 200 s „
A pocket of new hops has come to hand, and has been
disposed of at £25 per cent.

COLONIAL.
TEA.—At the public sales, which closed yesterday, there
was a fair business transacted in the better qualities, at
fully late rates ; other qualities, however, were neglected.
SUGARS.—For good and fine grocery qualities there was
a rather active competition, and prices tended upwards;
other descriptions fully maintained former rates.
COFFEE.—The dealings have been to a fair average ex-
tent, and fine qualities of Plantation Ceylon have slightly
advanced.

RlCE.—Business has been less active. East India qua-
lities, however, sustained former values.
SALTPETRE.—Only moderate dealings have been re-
corded without any material change in prices.
TALLOW.—The transactions for forward delivery have
slightly increased, but operations on the spot have been
limited. The quotations are—P.Y.C. spot 45s to 45s 6d,
last three months 45s per cwt.

LORD PALMERSTON AND THE CINQUE PORTS.—
The reports circulated that the new Lord Warden would be
instituted on the 16th inst. were wholly unauthorised and
erroneous. The day really fixed for the ceremony is the
28th inst. It is proposed to revive much of the ancient state
and pageantry appertaining to these formalities. The
detailed programme for the occasion has not yet been defi-
nitively settled, but it is understood that the magistracy and
corporation of Dover, together with representatives from
the five ports (Dover, Sandwich, Hythe, Romney, and
Hastings), the two ancient towns (Winchelsea and Rye),
and their outlying members, will assemble at. Dover Castle
at noon on the 28th inst. for the purpose of receiving their
now chief. A procession will there be formed, in which
the various volunteer corps of the ports are expected to take
part, and by which the new Lord Warden will be escorted
to the Drop Redoubt on the Western Heights, where a
Court of Shipway will be constituted after the ancient man-
ner by the suitors who attend in obedience to his Lordship's
mandate. Hero the Premier will be regularly inducted,
taking the wool engagements on the acceptance of his high
office, with this single exception, that he will not bind him-
self to conserve and maintain the peculiar privileges and
immunities of the Cinque Ports, for the very sufficient ma-
' son that those peculiar privileges and immunities have no
longer any substantial existence. This part of the day's
proceedings concluded, a banquet will afterwards be given
to his Lordship in the new Town-hall, which has recently
undergone extensive renovation It is thought that, though
capable of seating some 400 or 500 guests, the hall will not
suffice to accommodate all the applicants for tickets. The
Volunteers of Tenterden, in their eagerness to do honour to
the Premier, threaten, it is said, to move upon Dover en
masse, and claim for themselves alone the lion's share of the
whole available space. A meeting of the inhabitants of Dover
was held yesterday (the Mayor presiding) to take steps for
the due conduct of the banquet. A proposal was there made
for holding the dinner in a large tent, to be specially erected
for the purpose; but after grave debate it was determined to
adhere which offers this preponderating
originalloc plan,alminc, that it will afford an admirabla
advantage
to
the
opportunity of inaugurating the newly-decorated hall—a
matter to which the desire of some to impart a more popultkr
character to the banquet would necessarily have to give
way. Lady Palmerston and the Hon. Mr. Cowper are now
staying at Walmer Castle, the official residence of the Lord
Warden, where it is expected they will very shortly be
joined by the Lord Warden.

EXPLANATION.—B. Barometer, corrected and reduced
to 32 deg at mean sea level ; each 10 feet of vertical rise
causing about 1-100th of an inch diminution, and each 10
deg above 32 deg causing nearly 3-100ths increase. E.
Exposed thermometer in shade. M. Moistened bulb (for
evaporation and dew-point). D. Direction of wind (true—
not magnetic). F. Force (1 to 12—estimated). C. Cloud
(1 to 9). I. Initials :—b,, blue sky; c., clouds (detached) ;
f., fog. ; h., hail ; 1., lightning ; m., misty (hazy) ; 0.,
overcast (dull) ; r., rain ; s., snow ; t., thunder. A letter
repeated augments—thus, r.r., much rain. S. Sea disturb-
:nee (1 to 9).

The Duke of Newcastle arrived in town yes
torday.

PERPETUAL PENSIONS.—The " Finance Ac-
counts" show that we paid last year £16,000 for perpetual
pensions. The last pension of this nature was one of
£2,000 a year granted in 1814 to the heirs male on whom
the title of Viscount Exmouth shall descend. Since that
date no pension has been for a longer term than the life of
the person whose services were to be acknowledged and the
lives of his two next heirs.
FINANCES OF EGYPT. When the loan of
£1,120,030 was granted last year by a Paris banking• house
to the Viceroy of Egypt, on terms much below those of the
regular market, it was surmised that the transaction would
be but the first step to a series of new embarrassments
which would make his Highness still more dependent on
this kind of assistance. Instead of complying with the
economical conditions then promised, the Egyptian Go-
vernment have launched into extended liabilities, so that
the floating debt of the country has been increased to
7,120,000, exclusive of engagements to the amount of
£2,800,000 to the Suez Canal Company. As a means of ex-
trication Messrs. Laffitte and Co., by whom the loan
of last year was supplied, now offer renewed assist.
ance, but on far more onerous terms. They propose,
it is said, that the whole of the floating debt shall
be converted into 5 per cent. securities of one de-
nomination, to be called Bons du Tresor ; and at the
same time the Egyptian Government are to create
£10,000,000 additional, which are to be deposited with
Messrs. Laffitte, with authority to dispose of them at 300 f.
for every 500 f. bond. Out of this sum the loan of £1,120,000
due to them is to be paid off, and the balance is to be ap-
propriated to the redemption of the floating debt. No fur-
ther obligations of any descriptiol incurred.
Messrs. to be
Messrs. Laffitte are JO be the agents for paying the divi-
dends at Paris and'Alexandria ; they are to have 6 per
cent. commission on all sales of the bonds, and a commis •
sion of lf per cent. on all payments. The transport of
specie, loss in exchanges. &0., are to be at the charge of
the Egyptian Government. There is to be a sinking fund,
commencing on the Ist of September, 1862, for the redemp-
tion of the bonds at par in about 20 years, and the Govern-•
meat are to produce a regular annual budget. Thu sink.
ing fund, moreover, is to be secured by the revenues of the
Delta, the balance of the Customhouse revenue, the revenue
of the Viceroy's private property, and, finally, all the,re-
venues of Egypt in general. If this affair is carried out,
and the contractors are backei, as they are likely to be, by
all the material power of the French Government, it must
apparently promise one of the most profitable transactions
of the kind ever brought to completion.