The Sun.
London, England, 1861-10-03 00:00:00

the possibility of peace. Therefore he could per-
fectly understand, however much they might
lament this war, that every patriotic Northerner
would say, "We will fight it out." And, depend
upon it, that was the instinct of the men of the

North. He believed the war would go on until
_ _

they had found out which was the stronger
side, until they had been able to ascertain
whether the men of the North could defeat
the men of the South or not. (Hear, hear.) This
was the instinct of the men of the North. Already
they had more men than General M'Clellan knew
how to deal with, in getting them drilled; and it
muat not be supposed that the want of money would
stop them. The men of the Northern States of
America were vastly richer than the men of other
countries who had gone on fighting a long time, and
money did not stop men from fighting when their
blood was up. It was dangerous to prophesy any-
thing at all ; but he did prophesy that, if this war
continued, the North would beat the South. (Hear
hear.) They had more money than men, and a bet!
ter cause. But if the South were defeated, would
they be re-admitted into the Union, or form a sepa-
rate Republic P He thought the North would pre-
fer that they should not enter into partnership again
with the slaveholders, and they would be quite con-
tent if they were to hem in and girdle round the
beautiful tree. (Hear, hear.) He did not believe
the North would stop this war until they had got
the control of the Mississippi. The South might
found a separate and independent slave republic,
with the coast line of Florida taken off. But he
was by no means sure that the result would be the
restoration of the Union. He did not expect it,
but he did not think it was impossible. Mr. Fors-
ter concluded by strongly urging the adoption by
this country of the principle of absolute non-inter-
vention.

A very cordial vote of thanks to the lecturer,
moved by Mr. Kenion, seconded by Mr. J. V. God-
win, and supported by the Rev. J. H. Ryland, was
passed, and the meeting separated.

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.

The inquiry for discount aecommodation has fur-
ther increased, but the demand is not more ex-
tensive than might have been anticipated just
before the payments of the 4th of the month. The
current charge for first-class bills in the open market
is about 31 per cent., and the tendency of the quo-
tations appears rather in the ascendant, partly in
consequence of the unfavourable change in the po-
sition of monetary affairs in France.

The minimum of the Bank of England remains
at 31 per cent., the directors at their meeting to-day
not having considered it necessary to make any
alteration.

Only a small amount of gold, viz. £2,000, was
taken into the Bank of England yesterday.
The Ceylon, from Alexandria, brings about
£ll,lOO in specie.

The Pera,- which leaves to-morrow for India,
China, &c, will take out XlO,lOO in gold and
£54,152 in silver.

A fair amount of business was reported in the
Liverpool Cotton Market yesterday, and prices
were firmly maintained. The sales were 12,000
bales; The Glasgow, which left yesterday, took
out about 260 bales of American cotton.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1861. 1860.
Great Western .. Z 1,700 £50,615
North-Western
South-Western
Brighton 19,591 19,951
Midland
South-Eastern
Great Northern 30,279 26,577
Lancashire and Yorkshire
Bristol and Exeter 7,491 7,451
North-Eastern
North British 6,808 6,506
Manchester, Sheffield, and Lincoln 15,704 15,103.
Edinburgh and Glasgow 7,067 6,845
Grand Trunk of Canada
Great Western of Canada
These returns continue to show a further falling
off in most of the principal lines. On the North-
Western there is a decrease of £145 ; on the South-
Western of £346; on the Brighton of £360; on the
South-Eastern of £636 ; the Lancashire and York-
shire of £2,687 ; the North-Eastern of £950 ; the
Grand Trunk of Canada of £2,778, and the Great
Western of Canada of £9,404. The Great Western,
however, shows an increase of £1,085 ; the Mid-
land of £844; the Great Northern of £3,702, and
the Manchester, Sheffield, and Lincoln of £6Ol.
The dealings in market for Public Securities
to• day have been rather circumscribed, owing to
the prevailing quietude of speculation, but the
tendency of prices has been favourable, Consols
having further recovered to the extent of A- per
cent.-viz., to 921 93 for transfer, and to 93, 931-. for
the 10th proximo. The New Threes and the Re-
duced have improved to 90, 91 ; Exchequer Bills,
March, 3s. prem.; ditto June, 7s. to 9s. prem. ; India
Loan is 1031, and Bank Stock for account is marked
235.

The dealings in the Foreign Market have been
on a limited scale, and prices, in some instances,
show more firmness. Turkish 6 per Cents. are
85 to 851; ditto, 1858, 684 691, being flat ; Mexi-
can have improved to 26/ ; Buenos Ayres Deferred
to 28; and Venezuelan to 201 f ; Portuguese are
steady at 47, and Dutch 4 per Cents, at 99/.
The shares of the Metropolitan and Provincial
Bank are quoted Q 1 prem.
Considerable activity has prevailed in the Rail-
way Share Market, and in most instances a decided
improvement has taken place in prices. Eastern
Counties, Lancashire and Yorkshire, and North
Easterns (Berwick), have advanced 10s. ; Caledo-
nians, Great Northerns, Great Westerns, Brightons,
Manchester, Sheffield, and Lincoln, and South-
Easterns, £1 ; and North-Westerns, £1 ss.
The Foreign and Colonial Markets continued
rather dull, but prices generally tended upwards.
South Austrian and Lombardo-Venetian advanced
to 161 ; Bahia and San Francisco brought 124
Great Western of Canada 91 1; and Great Indian
Peninsula 984.

Joint-stock Bank and Miscellaneous Shares
remained inactive, London and South African de
elined ss. ; Union of London and Crystal Palace
Stock remained at previous rates.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities 904 1
;- per Cent. Consiols Annuities
New 3 per Cent. Annuities 9oi I 1
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5l
India Stock .
Ditto 5 per Cent.
Ditto Enlaced Paper, 4 per Cent —
Ditto 5 per Cent.
Ditto 51 per Cent
Ditto Debentures. 4 per Cent., Oct., 1863
Ditto, April, 1864.... ,
Ditto Bonds £l,000
Bank Stock for Account 235
k u4sois for Account, Oct. 10 .. 93
Exchequer Bills, 1,000 March.
, 2d ..... 3 pin
Ditto £soo ..
Ditto Small ..................
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian, 5 per Cent . ....
...'4-to 4J ler Cent., 1859. ........ ..

Ditto 4f ph. —.., „,;2 . _••••
L'uenos Ayres, 6 per Cent. .. ............. 901
Ditto Deferred ........... ..... '3• •• •
Mexican 3 per Cent ................ 28
Ditto Account ............................. ..
.....
22661
Portuguese 3 per Cent.. 1853 .. .
I urkish 6 per Cent .... .. .
• • . 47
Ditto Now Loan
..........
T)itto Account
...Ditto £lOO Bonds
Venezuelan 3 per Cent
Ditto Account
Dividends on the above payable in London.
D 1-eh 21 per Cent., Exchange 12 Guil.
"to Certificates, 4 per Cent. ..

. _
TWO O'CLOCK.
Consols Money
Ditto Account