The Sun.
London, England, 1868-01-28 00:00:00

GEORGE CRUIESITANKS, Lieut.-Col.,

48th Middlesex " Havelock" Rifle Volunteers.
263, Hampstead-road, Jan. 24, 1868.
P.S. There is attached to this corps a company
of cadets amounting to about 60.

NAVAL AND MILITARY INTELLIGENCE.

An Admiralty circular order has been received at
Chatham, announcing some important alterations
in the system at present in force for,carrying, con-
sequent, it is understood, on the recommendations
recently made by the naval committee appointed by
the Board of Admiralty. The order directs that,
when transports are engaged within the usual limits
of a naval command, they are to be under the sole
charge of such an officer as the Lords of the Admi-
ralty may think fit to appoint. The officer so ap-
pointed will have the title of " Principal Transport
Officer Afloat," or, if engaged on shore, he is to be
designated "Resident Transport Officer." The
officer so appointed is to be provided with a steam
vessel for the more efficiently carrying out his duties.
The order further states that, although the appoint-
ment thus created is to be considered as giving the
command of a separate squadron, the officer will be
under the orders of the Commander-in-Chief of the
station. The duties connected with this important
office will be the entire superintendence of every-
thing connected with the transport service, includ-
ing the loading and unloading of vessels, the em-
barkation and disembarkation of troops, sick, and
wounded ; the conveyance of provisions, water,
forage, &c. ; and all duties in connection with carry-
ing out the sanitary regulations for the crews of the
transport vessels.
Mr. W. B. Robinson, valuer and inspector of
dockyard work, and Mr. W. E. Seccombe, assistant
inspector from the department of the Controller of
the Navy, are engaged at Chatham Dockyard in
the examination and valuing of the accounts relating
to the stores of timber at that establishment.
The new class of twin-screw composite unar-
moured steamers of the Beacon class, a complete
squadron of which is either completed or building,
are to be officially designated as gun vessels of the
second class.

Advices received by our Southampton correspon-
dent from the West India station report that her
Majesty's steamer Urgent, 6 guns, Capt. Hender-
son, left Port Royal, Jamaica, on the 3d inst. for
Colon, with seamen and marines from England for
the Pacific squadron. The Urgent was to return
to Port Royal from Colon with invalids from the
Pacific squadron, on her way to England. The
Niger, 13 guns, Captain Bruce, from Vera Cruz and
Havannah, arrived at Port)Royal on the 30th ult.,
and was placed in quarantine in consequence of the
reported prevalence of cholera at Havannah. The
Fawn, 17 guns, Capt. Hall, from Tortola, arrived
at Port Royal on the 30th ult., and, this being the
first visit of her commander to that port, she saluted

the broad pendant of Commodore Sir Leopold
M'Clintock, which was returned by the guardship
Aboukir. The Cordelia, 11 guns, Commodore
Parry, left Port Royal for Vera Cruz on the 7th
inst. The ships at Port Royal when the mail left
were the Aboukir, 80 guns, Com. Smithett, with
flag of Sir F. L. M'Clintock ; the Fawn, the Phoebe,
the Niger, the Barracouta, the Nettle, and the Onyx.
The Doris was at Barbadoes.

THE QUEEN'S BOOK.—We are informed that her
Majesty has sent to Dr. Jenner a box filled with copies of
her "Journal in the Highlands," to be distributed by him
among the several hospitals, so that the library of each of
these institutions may possess a memorial which none of
them can fail to prize.

THE RIGHT HON. J. R. MOWBRAY AT DURHAM.
—llunHAm, Jan. 27.—The Eight lion. J. It. Mowbray,
Judge Advocate General, addressed a crowded assemblage
of his constituents in the Town Hall this evening. lie was
most cordially received, and a unanimous vote of (null-
deuce in him was passed.

IMPORTATION OF CATTLE FROM BELGIUM. --An
order of Council has been issued to the effect that from and
after the Ist February next, all sheep, lambs, and goats
brought to Great Britain from Antwerp, or any other port
in Belgium, are to be placed under the same restrictions as
to landing, movement, and slaughter as are applicable to
foreign cattle, under any orders of the Council, whether
general or relating to particular ports and places.

MONEY XARKET

A ND
COMMERCIAL INTZLLIGECit,

CITY, Two O'CLOCK.

The Funds show much steadiness, and they are.
apparently firmly held, though for the present no in-
vestments of importance are being made. As to rail-
ways, they are prejudiced by the report of the Brigh-
ton directors, and by the closing of engagements in
anticipation of the settlement which commences to-
morrow. The decline, however, does not average
more than I per cent. Foreign Stocks, more espe-
cially Spanish New Threes, are better. The French
Loan proving less than was expected has disap-
pointed the expectations of adverse operators in
this market.

The Discount Market continues very quiet, and
supplies are undiminished. At the Bank there is

literally no business, and the principal houses are in
vain offering discounts at 11 to 11 per cent.
Consols are steady at 931 to 931 for money
and account; New and Reduced Three per Cents.,
931 to 93i ; India Five per Cents., 112 to 112} ;
Bank Stock 1 better, at 211 to 217 ; Exchequer
Bills, 235. to 275. prem.

Foreign Stocks are firmer iu sympathy to some
extent with continental prices. The French Loan was
expected to depress the market ; but just the reverse
has occurred, and the " bears" will now be buying
back. Now Spanish Three per Cents. are to 1
per cent. better, at 351 to 351. There is an ad-
vance of i in Brazilian, at 77 to 78 ; and of k in
Mexican, at 15/ to 16f ; in Greek, at 12f to 13 ;
and in Italian (1861), at 421 to 421; Turkish (1865)
are steady, at 31f to 31f ; and Portuguese, 2f to 2/
prem.

The New Honduras Loan is steady at i to 1
prem. ex coupon.

In American Securities United States 5-20 Bonds
are * lower, at 71, to 72 ; Erio Railroad, worse,
at 49 to 50, while Illinois are quoted at 86k to 87k,
being * higher.

Atlantic and Great Western Railway debentures
have risen 1, to 244 to 251, and the Consolidated
Mortgage Bonds f, to 22f 231.
English railways are heavy, in consequence of the
constructions put upon the reports so far issued,
and the adverse rumours so industriously circu-
lated in regard to others yet to come. There is
a fall of in Brighton, at 451 to 46/, of 4in
Sheffield, at 421 to 431, and Caledonian at 751 to
76i ; and of 4 in South Eastern, at 671 to 681;
in Metropolitan, at 115 f to 1161 ; and in Great
Eastern, at 30i to 301. Great Northern Old and
A • stock is better, the former being 107 to 109,
and the latter 108 to 109. Lancashire and York.
shire are 1251 to 1251 ; Midland, 1041 to 105 ;
Loudon and North Western, 117/ to 117/ ; Great
Western, 461 to 461 ; and London and South Wes-
tern, 79 to 81.

London and St. Katherine's Dock Company's
stock is better, at 49 to 50.

CITY, TWELVE O'CLOCK.
There were no bullion operations at the Bank of
England yesterday. _

The America, from New York, has brought £9,000
La specie.

The Hungarian Loan is still regarded in this market
with little or no favour, and the dealers in the Stock
Exchange appear to bo disinclined to deal in it. It is
thought, however, that the French Loan will not
interfere with the success of the operations in Paris. In
that market it seems to have been well received, for it
is stated that the Societe Generale has alreadyreceived
subscriptions to double the amount that had been anti-
cipated.
The adjourned meeting of the Brazilian Land and
Mining Company, to be held on the 31st, will be
only pro formil, for the purpose of further adjourning
the meeting until the 28th February.
The Credit Foncier of Russia, under statutes ap-
proved by imperial ukase in November and December
last, has obtained power to issue bonds to the amount
of ten millions of silver roubles, bearing 5 per cent.
interest made out to bearer, ie interest of which
is to be payable in January and July in Lon-
don, as well as in all the great financial
centres of the Continent. In the first instance
only five millions aro issued of 100 silver roubles
each bond. The security is the floating capital
of the company, its reserve, its social capital, and the
guarantee of all the property hypothecated by the
company, and the bonds as well as the coupons aro
printed in five languages—Russian, German, French,
Ditch, and English. The subscription, which opens
on Thursday next, is fixed nt. Per cent. for Russia,
57 4-sths per ee,a. fur Holland, 7G per cent. for Bel-
gium, and 7G per cent, for other places ; and
the bonds are to be paid off at par in fifty-six years
by amortisation, the first drawing to take place in
May next.
Messrs. Barings have received a remittance of
£697
_Bs lld on account of New Granada dividends.

A dividend, at the rate of 10 per cent per annual,
was agreed to at the meeting of the Liverpool
Adelphi Hotel Company.
At a meeting of the shareholders of the Manchester
Bonding Warehousing Company, held yesterday,
a dividend was declared of 15s per share (X 24 paid),
for the half year ended 30th September last, after
paying which a balance of £1,465 3s 3d will be carried
forward to the credit of profit and loss account.
The following paragraph is from the report of the
London and Provincial Maritime Insurance Company
—" The other side of the account shows that after
the payment of all losses and claims relating tp the
past and previous years, to the extent of £108,547
17s Id, the working expenses of the company, and
interest amounting to .£lO,OOO paid to the share-
holders, there remains a balance to the credit
of income and expenditure of £68,358 14s 3d,
in addition to the Capital and Reserve.
The directors, with the concurrence of the auditors, as
a matter of precaution, consider it prudent to provide
against any depreciation in the value of investments,
and therefore propose to charge the accounts with the
sum of £5,000 for this purpose. It is with satis-
faction that the directors can report that the class of
the business for the year 1867 has been highly satis-
factory, and of such a character as to enable them to
recommend to the meeting the payment of interest
for the half-year at the a
rate of ten per cent. per
annum free of income tax."
It is announced that Mr. A. C. Guthrie has retired
from the firm of Messrs. Chalmers, Guthrie, and Com-q
pany, and that Mr. T. Ranken has become a partner.
The time for receiving applications for then Ten per
Cent. Preferential Stock of the Atlantic Telegraph
Company has been extended to the 24th of February
inclusive.

We understand that a larger number of passengers
than usual are proceeding to New Zealand and Aus-
tralia, via Panama, by the steamer leaving Southamp-
ton on the 3d of February.
The traffic receipts of the Erie Railroad Company
for December were £208,330, being £lO6 in excess
of those of the corresponding period last year.
The Cape of Good Hope Steamship Company have
received the following telegram from Madeira, vis,
Lisbon :—" Steamship Kaffraria, with the Cape mails
and passengers, arrived and proceeded on the 13th of
January."

• BRITISH FUNDS CLOSING PRICES.
GOVERNMENT FUNDS.
S per Dent. Consols
Do. Account, Feb. 6 931 1
3 per Cent.. Reduced 931 f
New 3 per Cent 931 f
New 21 per Cent. Jan. 1894 —
Do. 5 per Cent. o an. 1873.. . —
annuities, 80 yrs, expire sth Jan. 1880.
Do. for 30 yrs, expire sth April 'lBB5 —
Do (Red Sea Televaph), Au 0., 1908 —
E tchcquer Bills, £l,OOO, 2 &211er Ct 23 pm
Do £5OO pm
Do. £lOO & £2OO pm
Bank of England Stock, 4i per Cent —
Do. Account
INDIAN GOVERNMENT SECURITIES.
Indian stock,lol per Cent., Apri11874... 215
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Eufaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879 lOBl
Do. 5 per Cent., Rup. Deb., 1872 —
Do. do. 1877 —
Do. do. 1882 —

Do nob., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,OOO
Do. under £l,000
FOREIGN FUNDS—CLOSING PRICES.
Ar.sentine Republic, 6 per Cent —
Austrian Bonds, 5 per Cent. 1859
Drmilian 5 per Cent —
`Jo. 4f per Cent., 1852-58-60
Do. 1863
Do. 5 por Cent., 1865
Do Account 77* *
Do. £lOO Bonds —
Buel es Ayres 6 per Cent —
Da 2 per Cent. (Deferred 3 per Cent )
Cab% 6 per Cont.
Cailian 6 per Gen'
Do. 41 per Cent —
Do. 6 per Cent, B .
Do., 1867
Do., 7 per ,Cent., 1866
Do., Scrip £32 paid
C “. rubian, 6 per Cent.
Danish. 3 Thu. Cent., 1825 —
DAnnbian Principalities, 7 per Cent —

money

Cent,
) 112 i;
chequer

to soma

Dan wai

reverse
buying
I to I
an ad-
of k in
r to 13 ;
► (1865)
2f to 2!

i to 1

) Bonds
worse,
to 87k,

)entures
olidated

ce of the
c issued,

y circa-

£here is
of I in
t 75, to
to 681 ;
,n Great
Old and
to 109,
d York.
to 105 ;
[ ; Great
all Wes-

mpany's

140 CE.

Bank of

lit £9,000

is market
the Stock
I it. It is
will not
Paris. In
red, for it
y received
been anti-

Land and
t, will bo
ljourning

Ltutes ap-
December
ie amount
per cent.
of which
in Lon:

financial

instance
!r roubles
g capital
LI, and the
d by the
Tons aro
1, French,
ch opens
Jr Russia,
for 13el-
ces ; and
-six years
place In

ttance
iividends•
er annual,
Liverpool

lanchester
yesterday,
£24 paid)•_
last, after
be carried
mt.

ort of the
Company
that after
Log tp the
£108,547
pany, and
the share-
the credit
i 8 14s 3d,

Reserve.
.editors, as
to provide
vestments,
:s with the
with satis-
le class
.of
;filly sato-
le them to
)f interest
cent. per

ias retired
and Com-,
a partner.
3n Ten per
Telegraph
f February

passengers

and At's-
Southamg-

I CompanY
in excess

pany hay©
ideira, via,
Cape mails
the 13th of