The Sun.
London, England, 1855-12-04 00:00:00

SPAIN.

The Madrid journals of the 29th ult. revive the
report which has been so often current of the Duke
do la Victoria being disposed to execute his project
of retiring from public life ; but it was known in
political circles that he will not resign his post until
the constitution shall have been promulgated and
order consolidated. The democratic papers attack
the Minister of War with great vehemence.
Letters from Barcelona shy, that,: as the manu-
facturers bad produced more than they could sell,
and were not able to obtain credit, there was a
scarcity of work, and the authorities had to
take measures to afford relief to the working classes.
This situation caused disquietude, but it was not
believed that it would produce disturbances ; if,
however, any were to take place, the Government
was determined to repress them energetically. It
was rumoured that a •on of the Emperor of Mo-
rocco had arrived at Melilla to put an end to the
continual hostilities between the Moors and the
Spaniards; but what was considered more pro-
bable was, that some Moorish dignitary, charged
to collect taxes from the Moors of the Riff, bad
gone to Melilla from curiosity. The Duke and
Duchess de Montpensier arrived at Seville on the
25th ult.

THE PENINSULAR MAILS.

SOUTHAMPTON, TUESDAY MORNING.

By the Peninsular and Oriental Company's
steam-ship Sultan, Captain Christian, with the
Peninsular Mails, we have dates from Gibraltar,
November 24th ; Cadiz, 25th ; Lisbon, 29th ; and
Vigo, 30th.

The Sultan brings 19 passengers and freight,
eight packages of specie (value not stated), and a
cargo of fruit, seeds, and unicorns' teeth.
The Sultan has brought Lisbon letters and
papers of the 29th ult.

The Imperador, steam-transport, No. 178,
coaled at Lisbon, en route from Balaklava, and
left for Spithead on the 28th.
Foreign vessels of war in the Tagus—Her Ma-
jesty's ships St. George off Lisbon, and Neptune
below Belem, practising her artillery, and the
French steamers Newton and Phoenix.
The Cintra steamer arrived at Lisbon on the
28th from Liverpool.
Lisbon Exchanges—On London, 541 ; Paris,
5.20 to 5.18 ; Amsterdam. 431 ; amburg, 49 ;
and Genoa, 5.18. On the continent the rates were
nominal, little money offering on any place.
Portuguese Three per Cents., 40i to 41.
Stock market rather dull.
Bank of Portugal shares, 11 to 10 milreis dis-
count per share.

Bank of Oporto shares, 18 to 20 per cent. pre-
mium.

Bank of Lisbon, per cent. discount.
Remonstrances had been made by the English.
and American Governments against Portugal's re-
cent resumption of the possession of Ambriz as the
frontier limit of its territories on the Western
Coast of Africa.

Considerable progress was reported to have been
made in negotiations for the contractors, continu-
ing the works on the Santarem Railway, which
Mr. Shaw was anxious to carry out at any reason-
able sacrifice, in consequence of the large amount of
shares he holds, and a lock-up of 100,000/. in plants,
unpaid certificates, and materials furnished subse-
quently to his suspending the works which were said
to be going on satisfactorily in the hands of the Go-
vernment engineers.

The following steam transports had arrived at
Gibraltar, en route to the Crimea :—Great Bri-
tain, Queen Victoria, Ripon, Caradoc, Propontis,
Falcon, Wye, &c.
The sailing transport Herefordshire passed from
west to east on the 23d ult.
Exchanges at Gibraltar were quoted, for bills on
London at 50 days, 51a- ; Paris ditto, st. 40c.

An extraordinary piece of news is propounded by a
Hamburg journal, viz. that the Russian fleet has been
found to have remained too long inactive, and that a
portion of it, at least, will be sent on.service.
THE QUEEN'S HOSPITAL BALL, BIRMINGHAM.--It has
been proposed from an influential. quarter that, as no
public demonstration has been made by-the town of Bir-
mingham and Midland districts, then anniversary ball on
the present occasion should commemorate the glorious
victories of the Alma, Inkerman, and Sebastopol.
FATAL ACCIDENT.—A. collier named Job Vaughan,
working at Messrs. Whitaker's colliery, Hurst Knobb,
met with an accident in the pit, on Wednesday night,
about 12 o'clock, which ended fatally on Friday morn-
ing. It appears that the deceased was struck on the
side of the head by a large piece, of coal of about 200
cwt., falling from the height of about half a yard, and
causing a severs fracture of the skull.—Manchester
Guardian.
TRIPOLI.—A letter from Tripoli, on the 15th ult.,
in the Corriere Mercantile, says :—" Three or four days
after the arrival of the new Governor of this regency,
Osman Meshar Pacha, many of the insurgents made
their submission to him, and obtained their pardon, so
that at present the force of the insurgents is reduced
to half, and more of them are coming in daily to make
their submission. Gashim Pasha, the Governor of the
mountain district, who has been made prisoner by
Gumab, the chief of the insurrection, has just been set
at liberty by him, and has arrived here. Omer Pacha,
who arrived in very weak health, is now recovering, and
intends, after the rainy season, to take the command of
the Turkish troops, and force Gumah to surrender. The
rains are very abundant, a circumstance which progn?s-
-t oates a.good.hscrvA„rpd:will, therefore, render the in.
asst obi more willing W corn* to terms.

MONEY MARETK:

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocm.

The Liverpool Cotton Market yesterday closed
with a hardening tendency at the extreme prices of
last week. The sales were 8,000 bales, 500 for
export and 1,000 on speculation, comprising 100
Pernam and Maranham at 61d. to 71d., 240 Bahia
at 6d., 500 Egyptian at 61d. to Bid., 800 Surat at
31d. to 41d., and 80 Sea Islands 10d. to 13d. per
lb. The Railway Share Market was steady at an
advance on Saturday's rates.

At the close of business on the Paris Bourse yes-
terday the quotations of the French Rentes showed
a remarkable improvement on those of Saturday.
The Three per Cents. were firm at 67 for the ac-
count, being a rise of lf. 30c.; and for money they
were done at an advance of lf. 25c. In the Share
Market the same buoyancy prevailed, and the rise
in shareb of the Credit Mobilier Bank was energetic,
adding a further value of 27f. 50c. to th© advanced
price of last week. -Railway shares were likewise ad-
vanced a step. North of France Bf. 75c. West of
do. 7f. 50c. Lyons if. 20c. Geneva 2f. 50c. Mid-
hod 7f. 50c., and Austrian Society sf.
Accounts from Vienna inform us that the
founders of the Austrian Bank of Credit have
submitted to the Minister of Finance a list
of names, twenty in number, to fill the office
of• Directors to the Bank, conformably with the
terms of the statute granting them the concession.
Before these names can be confirmed they must
receive the Imperial sanction. Amongst them
figure the heads of some of the principal banking
houses in Vienna, in addition to the founders, and
other notabilities in the commercial world.

From Spain we learn that the position of the
manufacturers of Barcelona and Catalonia is such
that many will be obliged to reduce their estab-
lishments, and consequently throw a large number
of hands out of employment, which has produced
much inquietude and fears of new troubles. It ap-
pears that for some time past their sales of goods
have been much restricted in consequence of the gene-
ral depression, and the stocks are accumulating,
so that they have been necessitated to stop their
works. Contributions are being collected for the
relief of those out of employment ; notwithstanding
which much distress prevails, and the authorities
are taking steps to suppress any riots, while they
are endeavouring to alleviate the sufferings of the
poor. Every one is waiting with interest the
final discussion on the items of the budget ; and
there are fears that the Minister of Finance, Signor
Bruil, will persist in not admitting any modifica-
tions in his scheme, especially on the subject of the
octroi duties, otherwise, it is said, he will tender
his resignation.

The grain markets throughout France evince an
inclination to fall this week. Prices, however,
have not yet varied much from the closing quota-
tions of last week, but it is expected that from the
Continued supply of grain exceeding the demand,
and adding to stocks on hand that a fall will take
place. The arrivals of wheat at the Paris Corn
Exchange, on the Ist inst., amounted to 2,613
kilogrammes, and the sales effected 2,527 kilos.,
leaving on hand 20,157. The average price of
Bales was 67f. 92c. per hectolitre.
The amount of commercial paper falling due this
nay, the 4th of the month, although known to be
very heavy, is expected to be met without difficulty.
For discount accommodation, however, the de-
!nand is very active, at late rates, but no pres-
sure is experienced. At this season of the
year there is always an increased inquiry, but
the recent arrivals of gold from Australia, together
With favourable statements regarding the proba-
bility of an early peace, have produced a feeling
of greater confidence in monetary as well as com-
mercial circles.

An important advance, viz., to per cent. has
taken place in the English Stock market, but the
King of Sardinia's visit to the City has in a great
measure restricted business. The buoyancy is al-
most wholly attributable to the current rumours
of an early peace, and the letters received from
France state most distinctly that arrangements are
in progress for the purpose, if possible, of preventing
further hostilities, It is not mentioned, however,
in what precise way such a result can be obtained,
but the impression is gaining ground, both here
and in Paris, that negotiations will speedily com-
mence, and that before the spring some satisfactory
measures will have been adopted. The immediate
effect of this supposition has been a material
improvement on the French Bourse as well as in
our Stock Exchange, but the high quotations now
Prevailing induce caution among the dealers. As
the account is now so near its termination specula-
tive engagements are in course of adjustment, so
that the markets as regards fresh dealing is in a
quiescent state. Consols for money and Dec. 6,
after being 89/ to 90 have risen to 901 I, but for Jan.
next the quotations have reached 90. The New
Thwe per Cents. have been 89J to 89k, and the
Reduced 881 to 89k. Bank Stock is steady at 209
to 210. The Unfunded Debt tends upwards, being
6s. to 2s. disceunt. The 30 Years' Annuity of
1856, is 16k.
There have been numerous transactions in Turk-
ish Securities of enhanced values, owing to the up-
ward movement in the Funds. The 6 per Cents.
have ruled as high as 85i but these prices have
not been fully supported. The New Scrip is about
2 g discount. French 3 per Cents. are 68f., with
the exchange at 2525. Spanish 3 per Cents. are
40k, the New Deferred 204 to 21, and the Passive
7i. Russian 43/4 per Cents. are 90, and Sardinian
Bonds 833/4-. Equador have been marked 58, and
Dutch 2i per Cents. 64.
The following are the nominal prices of foreign
stocks : Grenada Deferred Bonds, 63/4 to 7 ;
Mexican, 19 to 20 ; Peruvian, 74 to 76 ; ditto
Three per Cents., 52 to 54; Portuguese Four per
Cents., 41 to 46 ; Russian Five per Cents., 96 to 98 ;
ditto Four-and-a-Half per Cents., 86 to 88; Spanish
New Deferred, 21 to 214; ditto Three per Cents.,
40 to 401; ditto Certificates, Q.. to 41 ; ditto Pas-
sive 61 to 7.
There has been a moderate business transacted
in Railway Shares, and prices all have an upward
tendency. Great Northern aro 1 per cent. better,
Lancashire and Yorkshire 103. to 155., and Mid-
land 103. Great Western of Canada have further
risen 53., and Antwerp and Rotterdam as well as
the other foreign lines are at fuller quotations.
Mining Shares are steady but quiet, and the
same may be stated of Joint-Stock Securities, but
the Oriental are advanced 10s. The Miscellaneous
undertakings are without any general alteration
that calls for special notice.

Bumsri FUNDS THIS DAY AT ONE O'CLOCK.

( Prom the Ogcica List. )

nuslnev, done
Bank Stock
3 per Dent. Reduced Annuitie5,............. 88i 91
3 per Cant. Consols Aimuitiee - 901
New 3 per Cent. Annuities
Long Annuities, expire sth Jan. 1860 3 7.16 i
Ditto 30 Years, expire sth April, 1885 l6l
non ols for Account
Eitchequer Bills, 2/d.
36 2 £looo . . ........... .... ........
Rtnall 2 1 5 d
' Ditto Bonds, 1858, 3/ per Cent 9Bl 8
1359 ~ 98/ 8
If
P :LICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Ecinador Bonds
Russian Bonds, 5 per Cent., 1822, £ St —
Ditto 4/ per Cent
Sardinian Bonds, 5 per Cent.
SpAnish 13ouds, 3 per Cent —
Ditto Account 4O/
Ditto Few Deferred, 3 per Cent. -
Ditto for the account.
Ditto Passive 7l
Spani-h Committee Cert. of Coup. n'it fun. 41 p c
Tnrkiell Bonds, 6 par cent —
Ditto for the Account Bsi 5 iiiii
Ditto New Scrip, 4 per Cent.
Ditto Account 2a t a
I,ivriends on the above payable in London.
French Rentes, 4/ per Cent,.
Ditto 3 per Cent.. .
Dutch Exchange, 2 per Cent., 12 Gull_ 6648 f ex 25f 25e
TWO O'CLOCK.
Consols (money)
90 90
Ditto for Account (January) - /
•

In a case in Charcery on Friday, a solicitor who was
allowed 51. for his costs said he would accept only of 41.,
a circumstance which arouse,' the wonderment of Lord
Justice Knight Brace and the praise of Lord Justice
Turner.

5
5
20
10

20
5
/0
18