The Sun.
London, England, 1857-12-01 00:00:00

MA NXWS.— (Tius D .)

RAY 51 ARRETS.
. ,
1341TIMPILD.—Meadow hay. 21 102 to 4/ Os; clover,
31 lOs to 51 Os; and straw, 1/ 5s to 1/ 101 per load.
A full average supply, and a sluggish demand.
CIIMERBLLITD.Meadow hay, 2/ 10, to 41 Os; clover,
31 108 to 51 Os ; and straw, 11 6s to 11 10d per load.
Trade dull.
wurrlorupzi.—Meadow hay, 2110 a to 41 Os ; clover,
8/ lOs to '5l Os ; and straw, 1/ 5s to 11 103 per load.
.
.A. moderate demand.

N
t TEA.--The market firmer. Good common
eaah, COs raLO thIAL.
er
Congou sells for llid and superior qualities at is per lb.
. ,
SUGAR.—There is very little activity, in the market, and
but few transactions have been reported, and prices gene-
"llY have a downward tendency. In the refined market
rather more activity prevails, but dopercks being light,
Prices have improved about la to is cwt. old to
good grocery realise 563 to 589; and wet lumps, 51s to 53s
Per cwt.
—a few
COPP/CC—The market is quiet, but prices remain steady
parcels of Plantation Ceylon have been disposed of
a
atbout previous quotations, in other qualities the quota -
Rs tions are almost nominal.
the low
- RicE. —Rather more enquiry has been experienced for
and middling qualities,mprovemen and a slight i
may be notes). Mid white Bengal realised 89s per cwt.
itull —The market is sbeady. Good Demerara realised
258 per proof gallon.
F' WlT.—There is little alteration to report the grocers
generally acting with great caution, 'and confining
.their
,purchases to extremely small quantities.
SALTPETRE,--There has been a fair inquiry and prices
• have remained firm.
TALLOW.--The market is spin firmer, and but little dis-
- position is exhibited by holders to effect sales. P.Y,C. on
the spot, Ms; and Januory to March delivery, 51s 6d per
cwt.

THE JEWEL—The states of Meek lenburgh have, for the
eecond time, rejected the proposition to establish civil
eqttality betweeia Jewa and Christiana.
OPICNING OF NEWCASTLE CORN EXCHAIICE. —The
Magnificent Corn Exchan4e jest finished by the corpora-
of Newcastle-upon-Tyne, was opened on Saturday.

T HE

IVIONEY MARKET

AND

C:0 IYIMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Accounts from Liverpool mention that the Cotton
Market yesterday manifested a very animated
appearance, and prices are fully Id. per lb. dearer
dearer on most descriptions. The sales amounted
to 8,000 bales, 2,000 of which were taken by the
speculators. The Railway Share Market closed
firmly, and the quot ttions were well supported.
Another commercial failure was reported yester-
day, viz., that of Messrs. Henry Hoffmann and
Co., in the German trade, but it has not occasioned
any uneasiness, nor is it likely to retard the pro-
gress of improvement in the general situation of
commercial affairs. The public are fully prepared
for a few more of these calamities, and the nu-
merous suspensions reported at Hamburg can
varcely fail to react very seriously upon their con-
nections here. There is, nevertheless, a much more
comfortable feeling among the mercantile interest,
and the increased discount facilities afforded by the
Lombard-street houses have relieved them to a con-
siderable extent. Although the minimum rate at
the Bank is still maintained at 10 per cent.,
t tie best descriptions of paper are nego-
tiated out of doors at it, and, in some in-
stances, J per cent. below that quotation, and
hence it is concluded that the authorities will soon
make a reduction to 9 per cent. Under the exist-
ing system no alteration will be made, however,
until the 2,000,0001. notes over-issued are replaced,
and the reserve, independently of that amount,
has materially increased, but the accumulation is
going on rapidly, and should it continue, the Bank
may, in the course of a few weeks, be sufficiently
strengthened to admit of a concession.. It is gene-
rally imagined that the strenuous exertions of the
supporters of the Bank Act will be powerful
enough to resist any reform ; but the commercial
public should bestir themselves and follow the
example sot them by the merchants of Glasgow.
The Chamber of Commerce there have resolved to
petition Parliament to repeal or amend the Acts
of 1844 and 1845, for regulating the issue of Bank
notes. It is only by agitation that any great re-
form which would overthrow a firmly rooted
system could be accomplished. Everything de-
pends upon the efforts of the commercial interests,
and if they remain as apathetic as hitherto, the
fault will be theirs in the event of the Bank Act
being preserved in its integrity. During periods
of ease and when money is cheap, all denominations
of traders' are to:; much absorbed to take the
matter in hand, although admitting the desirability
of an alterati n. In times of severe stringency,
on the other hand, they devote their exclusive
attention to the pro•ection of their interests,
and thus from year to year, the old system
is continued without any well-organised attempt
to overthrow it. There is now an excellent oppor-
tunity to represent the state of public feeling upon
the subjec+, and if it is not embraced the existence
of Sir Robert Peel's Act may yet be prolonged.
A further a Idition of 36,009 Z., chiefly Russian
gold was taked into the Bank of England yester-
day, and the next weekly return is expected to
show a decided improvement both as regards the
notes and billion.

The auguuentition in the stock of bullion held by
,he Bank o France also continues, and yesterday,
,he aggregate amount was estimated at 8,210,0001.

A large amount of silver will be dispatched to
Hamburg to-day, viz., about 80,0001. to 100,000/.,
but according to rumour the aggregate remittance
will represent a far more important total.
The Funds are very flat to-day, and a partial
reaction, amounting to about per cent. has taken
place. Numerous sales hays been made by parties
desirous of securing their profits, which, after the
Late advances, aro in many instances very large.
The " contango" is exceedingly heavy, and it
deters many speculators from continuing their en-
gagements to the January account. Several un-
favourable rumours are afloat relative to affairs in
Hambro', and it is imagined that the Bank will
refuse to make advances on Stock during the
"shutting" of the tran-for books. Consols have
been 91, sellers for money, and the 7th inst., but
they are now 94 I, and for the January account,
92. The New 3 per Cents. are marked 90 to 90k,
and the Reduced are at about the same values.
Bank Stock is 216 to 218, and Exchequer Bills are
4s. discount to par. The Bonds have been dealt in
at 971 to 981.

For Foreign Stock the demand is heavy and
prices are lower. Turkish 6 per Cents, are 91ii ;
Mexican 3 por Cents., 187;19 ; Danish 3 per Cents.,
83/ ; Peruvian 41- per Cents., 761 ; Ditto 3 per
Cents., 51/.

The transactions in the Railway Share Market
have been of a limited character, and most of the
leading lines are at a decline of +to per cent.
East Anglian, Edinburgh, Perth, and Dundee, Lan-
cashire and York-hire, declined ss. ; Great Wes-
tern, Brighton. North Western, South Western,
Midland,-10s. ; North British, 15s. ; and Caledo-
nian and North Eastern, Berwick, 1/. The French
lines are rather firmer. Northern of France, and
Paris and Lyons, have each improved about
10s. In the Colonial undertakings East Indian
declined about 1/. Grand Trunk of Canada
; and Great Indian Peninsular about ss. Great
Western of Canada remained steady. Mining
shares are very quiet. Wheal Edwards realise 7i ;
General 14i ; and United Mexican 3i.
Joint Stock Bank and Miscellaneous Shares aro
steady. London and Westminster improved 10s. ;
and Union of Aus,ralia about ss. Peninsular and
Oriental Steam declined 10s. ; and Royal Mail
Steam advanced 15s.

BR ITISH FUNDS.—CLOSING PRICES —THIS DAY.
(Pram Ac Official Listi)
Businessdons.
Bank Stock .................................... 218 15
3 m• 4 eat. ttedirzed A nnuitioi• ............... 90i4 90 99i
3 per fient tle.r.mois Annuitiet. ...... . ....... 1 1 1
New :3 per Cent. Annuities .................. 90{ 90 1 90
Long Annuities, expire stt, Jan. 1860..
Ditto 30 Years, expire sth Jan., 1880 151
Ditto 30 Years, expire sth April, 1885... 17k
Oulsois •fro zceenz,t ......... ........... 911 1a 1 1
Ex ,`letpier !tint, 2;0.
t:1010
580
tv. 1,•
Exchequer Bonds, 1858, per Cent —
Ditto, 1359
PRICES OF FOREIGN FUNDS—THIS DAY.
Braztean 5 per Cent.
•• •
Ditto 1852, 4i per Cent.
Fuenos Ayres Bonds, 6 per Cent.
Ditto Account B5
Chiliau Bonds, 6 per Cent lO2

Danish Bonds, 3 pel Cent., 1825 836
Mexican 3 per Cent —
4's Ditto Account
da 181 19 ,
i'eruvihn Bonds, 46 per Cent —
Ditto Account .
Ditto 3 per Cent —
Ditto Account
Russian Bonds, 1622, J St., 5 per Cent....
Ditto, 46 per Cent. 96i 6
Spanish Committee Cert. of Coup. not fun. 51
Tarkith l;outts, 6 per cent 9l
Ditto Account NMI
Ditto Guaranteed, 4 per Cent.
Ditto Account (Doc. 16)
Dividends on the above payable in London.
Dutch Exchange, 23 per Cent., 12 Guilders 63i 3
711RER O'CLOCK.
Consols, money
Ditto account (December 7)

La Inisu VICHROYALTL—It is stated with seeming
confidence in the Dublin Evening Mail that a bill is in
preparation—if not actually prepared—for the abolition
of the Lord Lieutenancy of Ireland.
ST. ANDREW'S DAY.—Yesterday being the anniver-
sary of the patr.,n saint of Scotland, the friends of the
Scottish Hospital, established under Royal charter in
1965 fur the relief of aged and infirm natives of Scotland'
dined together at the London Tavern. The room was
very elegantly decorated by various Scottish banners
and shields, the effect of which was much enhanced by
the new buds light on the sun principle introduced
lately introduced into the roam. The chair was an-
nounced to be taken by L ,rd Panmure ; but, his lord-
ship being unable to attend, it was by Mr. Moffat,
M.P., who was supported by about 140 friends of the
iostcution. The subscriptions of the evening were an-
nounced to about 4001.
ADVBEITISEMENT.—HoIIoway's Ointment and Pills
astounding Remedies for Bad Legs.—Extract of a letter
from Mr Charles Sacre, of Church-street, Woolwich, to
Professor Holloway :—" Sir,—l beg to offer you my
siacere thanks for the miraculous cure which your in-
valuable ointin.nt and hills have effected on my leg. For
four months I was in a London hospital, and turned out
afterwards as incurable, with vet), little hopes of saving
my leg ; but I am happy to say tnat your remedies have
effected a perfeetand speedy cure."—Sold by all medicine
vendors throughout the world ; at Professor Holloay's
Establishments, 244, Strand, London, and 80, Maiuen-
-1 me, New York ; by A. Stamps, Constantinople ; A.
Guidily, Smyrna ; and E. Muir, Malta.

S:(.1 N

LITERATURE.

Blacktvood.—" What Will He Do With It" is
continued, and an important event occurs: Soppy
is taken away from the kind care of her aged pro-
tector. It is the first melancholy episode an the
story, and a gloom settles over the mind of the
reader as he bears of that fair young creature being
snatched away, in her day-dreams of peace and re-
tirement, to the companionship of coarse natures,
and the toil of pursuits she so dreaded. It is truly
said at the commencement of the chapter which
describes the catastrophe, "Laugh at forebodings
of evil, but tremble at day-dreams of happiness."
The conduct of Mr. Hartopp proves that it 13 not
enough to be well-disposed and kind-hearted to be of
service to others ; a man must have self-reliance
and an independent spirit, which will enable him
to think and act for himself, however adverse ap-
pearances may be, and however tortuous may be
the road he has selected to walk in. The con-
cluding passage of the narrative here met with
relates a momentous interview between Losely and
Mrs. Crane, whose consequences in the future will
most likely be of some dire import. " Phre-
nology in France" is an amusing paper, which
refutes many false assertions, and exposes many
fallacies of those who arrogate to themselves an
unlimited knowledge on such subjects. It truly
states that more would be achieved, if less were
attempted, by the energetic and enthusiastic
devotees :—" If phrenologists would content them-
selves with asserting that they had half-truths of
great importance to communicate, and hoped in
course of time to arrive at whole truths, all culti-
vated minds would urge them to go on and
prosper." It is mentioned, as a fact worthy of
notice, that Mangiamele, a celebrated calculator,
had a decided depression at that spot whore the
organ of nuwber is placed ; further on, it is stated
that the head of Napoleon, though extremely well
proportioned, was by no means so large as it is
ordinarily represented to have been. " Boscobel"
is the name of an interesting work, recently pub-
lished ; some remarks are here made upon it, which
are worthy of attention. The Boscobel tracts
relate to the escape of Charles the Second after the
battle of Worcester. Notwithstanding the different
hues with which political opinions colour those
events, all, except those who are too prejudiced to
render impartial justice, will admire the spirit
which animated those who followed an adverse
cause through danger unto death, and in the
hour of trial saw their sovereign's misfor-
tunes—not the faults that had caused them.
" Our Indian Empire" is a well-written article,
winch contains instructive passages, and conveys
some useful hints regarding the important subject
referred to. Several extracts are given from emi-
nent writers on the question of the management of
India. The general conclusion aimed at by these
statesmen is, that the empire must be consolidated
by power and administered by moderation ; but, it
as urged, " we must be strong ere we can be mode-
rate. The empire of the sword must precede the
empire of opinion. After enumerating the various
difficulties that beset the way, and entering in de-
tail on some of the disputed points, the writer takes
a sanguine view of England's future in the East,
and expresses a conviction that if we stand up man-
fully to the work before us, our children's children
may read in history of our bright success. " The
Works and Genius of Michael Angelo" is an at-
tractive title for an article, and a perusal in this in-
stance will not disappoint expectation. In a
remarkably interesting manner, the career of this
wonderful man is made mention of, and his works
are analysed in a style which shows that the writer
has entered into the spirit of his task. He asserts
that it is one of difficulty; and liable to misconstruc-
tion, but he who can ignore the genius of M.chael
Angelo will remain himself deservedly unknown.
The object of this criticism is not to exalt or dimi-
nish, so much as " to elucidate what is obscure,
and to reconcile what ,is anomalous." The follow-
ing passage institutes a comparison between Michael
Angelo and Raphael
"History wou:d seem, at certain epochs of special
effort, to turow great men together, sometimes to work
out vast results by antagonism, often to accomplish a
united end, through mutual co-operation, always per-
haps to complete a great cycle of operations and pheno-
mena, compensating the shortcomings of some by the re-
dundant powers bestowed on others. Thus was it
specially in that great period when Michael Angelo and
Raphael were brought together, the more perfectly to
accomplish and describe the wide and completed circuit
of a great art-cycle. The genius of the one formed a
complementary arc to that of the other, so that whether
taken as antagoni'tic or consecutive quantities, the circle
in its entire and continuous circumference was fully de-
scribed, and the domain of art thus enclosed within the
sweep of a ring-fence. Nature finding it not possible to
unite the conflicting powers of a Michael Angela and a
Raphael in one and the same mind, apportioned to each
a distinct labour and function, trusting that the result,
when worked out, might not prove inharmonious or
nugatory. The wisdom of this plan was justified in toe
sequence. The universality of genius thereby suffered
limitation, in order that the universality of art might be
established, and thus the gentle harmonies of Raphael
came in to soften the abrupt dissonance of Michael
Angelo ; while again the terrible power of Michael
Ailed° threw vigour and intensity into the seraphic
strains of Raphael's muse, and PO within the circuit of
the Vatican is found a completed art, out of which the
student may form his perfected ideal--au art which
seem, to represent in its fulness the highest forms and
faculti.rs of man, and then rising above earth to people
heaven itself."

Dublin University.—" The Cardinal Treaties of
Mediaeval and Modernplistory" present to notice:in
this number " The Treaties of Paris and Huberts-
burgh," which took place in sixteen hundred and
ninety-three. We are informed that the long
centuries of rivalry between France and Austria
are broken by only one period of amity when they
leagued together for the purpose of crushing the
young power of Prussia in the " Seven -Years'
War," it is a curious fact to notice, however, that,
the consequence was to place the object of their
hatred in the position of one of the first-rate
powers of the world. It is interesting to notice
the following epitome of the struggle :
"The treatises of Ilubertsburg contain little more
than stipulations for the mutual evacuation of countries
and towns taken or occupied during the war. Not a
foot of land in Europe changed owners ; though, accord-
ing to the calculations of Frederic himself, the Russians
had sacrificed 120,000 men, the Austrians 140,000,
France 200,000, the English and their allies 160,000,
the Swedes 25,000, the German titles 28,000, and the,
Prussians 213,000 in the war. But the Seven Years'
War in Germany—though the map of Europe showed
no effects from it—was far from being a drawn game.
lie who had stood against such fearful odds, and had
not fallen, was justly regarded as the victor ; andthen.ce•
forth, both by contemporaries and by posterity, has
been recoguiied as Frederic the Great."
The " Partners" is resumed this month, and a very
exciting scene occurs in the portion here met wi▪ th,
the unfortunate victim of others' deceit and
duplicity is assailed by many dangers, but he
is left at last at liberty, as another has been seiz•
ed
in his place as a lunatic. The next instalment
pro-
mises to be very eventful. "M‘Cormack's Giudge
is concluded in a very satisfactory manner. The
suspected man proved the honesty of his intentions
and the genuineness of his nature by rescuing, at
great peril to himself, the child of the man who
had wronged him from a frightful death. After so
stoi my
an
opening, it is satisfactory to take our
last look at so peaceful a scene as Myles's reinstated
home presents. " The Student" is a most melan-
choly story, and exemplifies the folly and wicked-
ness of hying down rules for all alike, as if diverse
temperaments. did not require different treatment,
. and as peculiarly-gifted inindsdid not r, quire sy in-
pathy instead of repulsion. " Tom Brown's School-
days" is the subjectof a paper which repays perusal.
It regards that succe3sful work in a favourable light,
and expresses a hope to meet Tom Brown again at
Oxford or Cambridge. "He is one of the few
companions who are as delightrul as they are im-
proving." " The Tramping Artist" is a light and
lively sketch, which retails some conversation on
varying incidents in many lauds, here and there
interspersed with a racy remark or an amusing
anecdote. " From Rome—Home," furnishes the
reader with the conclusion of the journey, which
was completed in four weeks. The account of the
adventures met. with,- and the description of the
objects of sublimity and beauty which the travellers
b..held, are on the whole ably rendered, and may
edify those who delight in foreign gleanings.
There are some verses among the contents, which,
though pleasing, are none of them beyond average
me; it. Great praise is given to " Lord Dufferiu's
Yacht Voyage," and it is observed that " he has
all but created an arctic summer, and given us one
of the gayest narratives that ever ibeguiled a few
shortened hours of our foggy wiut

Fras6r's Magazine. —A criticism on Mr. Water-
ton's third series of " Essays on Natural History"
opens this number of eraser. A little good-
humoured dissension from Mr. Watert in's some-
what didactic theology is mixed with the
notice of the more scientific portion of the
work. Those who like deep reading will
be interested by a paper on recent meta-
physical works by G. H. Lewes, Frederick
Maurice, and Dr. Fleming. Their different
methods of reasoning and objectS in writing are
compared with skill and ingenuity. After render-
ing tribute to the historical value of Mr. Lewes'
laborious work, ,the critic ussails his theory and
seeks to prove -that the " positivism" he is so
partial to, leads its follower to the dreary waste or
atheism and bars the developmmt of all his higl.e.•
-faculties. • The writer is evidently a partisan of.
what be calls the Scotch school, and certainly
deduces some striking arguments in its favour.
After all the discussions and dissensions of these