The Sun.
London, England, 1849-05-31 00:00:00

GREECE.

Letters have been received from Athens of the 18th.
The new Ministry had been well received. The
Chambers had voted the law of taxes.

ITALY.

Accounts have been received from Rome of the
21st. They fully confirm the intelligence of the
victory of GARIBALDI over the Neapolitans at
Velletri, which city he entered on the 20th. The
Neapolitans have, it is said, retired into their own
territory. The following is the official dispatch
announcing GARIBALDI'S victory
"Head-quarters near Velletri, May 20, One A.M.
" Citizen Triumvirs,—Yesterday morning about ten
o'clock, our advanced guard, commanded by the brave
Garibaldi, was attacked on the Consular Road, about a
mile from Velletri, by some 600 infantry and cavalry,
who issued from that city. The Republicans, with their
usual courage, made two charges on the enemy with
their bayonets and drove them back to take refuge in
the city, leaving many dead on the field of battle, and
one officer and 30 men prisoners in our hands. I
arrived myself about two in the afternoon with my
corps, and found the enemy replying by a brisk
fusilade and discharges of artillery to the attack of
our troops, who enclosed the town by a cordon resting
on the right on the Consular Road, and on the left on
the height of the Capuchins. I thereupon relieved the
soldiers of the first brigade by fresh troops, and con-
tinued the reconnoisance of the walls. This action
was very warm, and gave occasion for the display of
the ardour of our troops. Night put an end to a com-
bat which was supported on our side by two pieces of
artillery, regularly placed and served. Our loss has
been comparatively light, we having had but a few
men wounded so as to render them unfit for duty,
among whom is a very small number killed. I shall
send you details of the affair with all speed.
" ROSELLT, General in Chief.
" Velletri, May 20, 91
" I have the satisfaction to announce to the Minister
of War that the enenly, discouraged by the valour of
our Republican troops in the battle of yesterday, aban-
doned Velletri at three A.M. The army prepared to day
to attack the town, when, from the reconnoisance which
I had caused to be made, I discovered that the enemy
had fled. We then entered Velictril the soldiers are
suffering from fatig.4e ana hunger, and I have ordered
them to t.4e repose and nourishment, and I can spare
cknly a few cavalry and foot soldiers to send in pursuit of
the flying foe to take as many prisoners as possible;
their flight is in the direction of Qiaterna. Long lire the
Retmblic ;"

It is said that the armistice with General OUDINOT
has been renewed for ten days.
An Austrian corps de arni(e of 16 000 men, with
forty pieces of cannon, was advancing against Ancona.
The Austrians entered Florence on the 24th.

MONEY and COMMERCIAL NEWS.
CITY, QUAR 7 ER TO THREE.
The sales of Cotton at Liverpool yesterday were about
6,000 bales, of which 1,200 American were taken for ex-
port. The market was quiet. The transactions in-
cluded 5,000 American at 30. to 64d., 200 Bahia at 48d.
to 54c1., 300 Surats at 3d. to 3/cl., and 20 Sea Islands at
9d. to 91d.—Railway Shares had further declined.
The Grain sales in the provincial markets which
make official returns were last week moderate, viz.,
74,751 quarters of Wheat, 15,894 of Oats, and 7,394 of
Barley. The six weeks' average for Wheat is 455. 3d.
per quarter.
Atter the correspondence between the Duke of Bed-
ford and his Protectionist tenant, who, with all his
complaining, is not agreeable to receive compensation
and quit his farm, people will not be so much inclined
to " believe ail they hear" of ruinously low prices, &c.
No doubt, however, the "transition" state is unfavour-
able for many tenants holding leases at high rents, and
there may be no colouring in the subjoined statement,
contained in a private letter, dated yesterday, and re-
ceived this morning from Norfolk. The writer observes:
" Business is very dull here ; what with bad prices of
agricultural produce and the continued wet, our traders
are doing next to nothing. As to the farmers in these
parts. it is not so much the price of grain which has
hurt them this year, as that of beef, for they have to
buy their bullocks, and then to sell them, to realise the
profit of their root crop; and this is the only thing they
do buy, except labour, beyond their rent and tithes ;
and as they bought is their lean bullocks
high twelve months ago, and sold them out
at or very little beyond the cost price, they lose all
.their root crop, and the cost of the oil cake and linseed
or other sorts of artificial food. Wheat has been low,
yet the average price from Christmas last when the
agricultural year commences, to the present time, is nof
so very different to what it was last year, and the price
of Barley is actually higher on an average this year than
last. Other grain is much on the same level as wheat
on the average. The growing crops are all looking the
worse for the wet and cold, and beet and turnip sowing
is now retarded and must be, as the summer fellows are,
very foul. Our farmers are very small holders of Wheat
and our merchants still smaller."
Although we have noticed in the order of occurrence
the state of the money markets here and abroad, it may
be useful to recal the changes of the month ending to-
day, as summed up for the June number of the Bankers'
Martine :
" Business in Paris is again almost entirely at a stand-
still. Our own Public Securities were in some degree
influenced unfavourably for a few days, but the
decline has not been material. On the Rhine and
in Germany there has been a renewal of active
warfare, and all institutions of property in
these regions are surrounded with so much uncertainty
that already there is a renewal of that emigration of
capital to this country, of which we saw so much in
1848. This is a circumstance not to be overlooked in con-
sidering the posture of our own money-market. In
Lombard-street there has been little, if any, alteration.
The rates of discount are still exceedingly moderate, and
for the first rate, Three-months' Bills may be described
as ranging from 21 to 21 per cer.t. The brokers accept
funds at call at 2 per cent ; not always, however, with-
out the delay of a day of-two."
The dates at which the transfer books will be closed
at the Bank of England are as follows:
Consols ... ... ... June 13
Reduced Three per Cents „ 15
New Five per Cents ... „ 15
Annuities for terms of years ... 13
India Stock ... „., „ 6
South Sea Stock „, „, „ 13

The re-opening of the transfer books for Consols takes
place on the 17th July.
The Amsterdam Bourse on Tuesday was well sup-
ported. Spanish were in request.
The Stock Market has been dull, but keeps tolerably
steady in the face of the 21 per cent. decline from
Paris. Consols are 911 to 1, and have been 911 1. The
New Three-and-a Quarter per Cents. are 901 Bank
Stock is worth 1931. Exchequer-bills are 48j. premium.
and India Bonds 675. to 70s. premium. The Honourable
East India Company intend to reduce the rate of inte-
rest from 41 to 3i per cent. on their floating debt; but
this can have no present influence on the money market,
since they are compelled to give twelve months' notice,
and consequently the alteration cannot take place until
June, 1650.
There have been one or two defaulters on the Stock
Exchange this morning, parties who were Bulls of Con-
sol Shares and Foreign Securities, but the influence of
these stoppages is purely local, and the public, therefore,
have neither interest nor concern in them.
The foreign account has been settled to-day. Mexican
have been 271 to 4 ex-coupons. Spanish Three-per-
Cents. are 32i- to 33. Portuguese Four-per-Cents. are
26 to 28, Equador have been 31. Belgian Four-and-
a-Half per Cents. are 79.
The arrangement of the Share Account is in progress,
and very little other business is doing generally the mar-
ket is firmer, the speculators having Roared more rail-
way stock than they can deliver. Eastern Counties are
supported, and Great Western, Brighton, and North-
Western are higher. The French lines are flat.
BRITISH FUNDS THIS DAY AT ONE 013 LOCK.
(From the Official List.)
• Bank Stock 193%
3 per Cent. Reduced Annuities
3 per Cent. Consols Anne
New VA per Cent. Alms. 90%3/4
Long Annuities, Exp. Jan. sth, 1860... 8 9-16
Do. 30 Years, Expire Oct. 10,1859... 8 5-16
India Stock

Do. Bonds, 10001 67 p
Ditto under 1.000/
Consols for Account 91106
Exchequer Bills. 11Ad. 2d.
March. June.
1,000/.
500/ — 48 p
Ditto Advertised, ...... .. .. 43 46 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Equador Bonds 3ll
Mexican Bonds, 1846, 5 per Cent., Coupons
Ditto Ex Coupons
Ditto Account
Spanish Bonds, 5 per Cent,1840
Ditto for the Account
Spanish Bonds, 3 per Cent. ..
Dividends on the above payable in London.
Belgian 41A per Cent

RUMNESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. Pia &iu.
Aberdeen - -
Ditto, Preference -
Amber., Notting., Boston, &c. 5 -
Ayrshire and Gallaway -
Belfast and County Down .. 20/2 .. .. - -
jerks and Hants Extension
(Gt. West. Yerpet. 5 per ct.) 5 - to -
Birmingham & OxfordJunct.,
calls duly pd, or with guar. 20 - to -
Do., without a guarantee... 20 ... - -
Birmingham,Wol., & Dudley,
calls duly pd, or with guar. 10 ... - .. -
Do., without a guarantee... 10
Binning., Wol., & Stour Val. 131.14 s - -
Birkenhead, Lancashire, and
Cheshire Junction... lO - ...... to -
Boston, Stamf., & Birming... 5
Bristol and Exeter - -
Do., Thirds - to -
Buckinghamshire.. 161.4s l:r4 dis.... to -
Caledonian
Ditto, Quarter Shares l2/2..... -
Ditto, New 10/. Preference 10 ...... - -
Ditto. Clydesdale Junction 50 -
Chester and Holyhead 5O ..... -•-••• to -
Ditto, Preference -
Clarence. - to -
Do., Ist Class, 6 per Cent... 10 - . ... to -
Do., 2d Class, 5 per Cent... 10 - to -
Do., Gov. Loan, 4 per Cent. 10 - ...... to -
Direct London & Portsmouth 514 - -
Dublin and Belfast Junction.. 37% - -
Dundalk and Enniskillen ... 22% ...... - -
East Anglia, 25/. L. & E.,
and L. & D _ 25 -
Ditto, 181., E. & H lB - -
Ditto, 31. 10s,, E. & H... 3% - to
Eastern Counties -
Do. New Guarant. 6 per Ct. 10 -
Do. Exten., 5 per ct. No. 1,61. 13s. 4d ... -
Do., do N 0.2,61. 135.4 d... - ..... to -
Do., Northern & Eastern... 50 -
Do., 5 per cont. - -
Do., Quarter .... . ...... ...... 12%... .. - -
Ditto, New - ..... .. 43 . .... - ...... to -
Eastern Union, Class A (late
E. U. Shares) ...... ... -25 ...... - .....• to -
Ditto, ditto, Class A, ditto 34 ..... . ...... to -
Ditto, do, Class B (I. & B) 221/1...... -...
..... to
Ditto, do, Class C, ditto... 22% ...... - -
-
Ditto
Scrip (gua. 6 per ct.) 20 ..... .. to - Ditto (C. & E.), 5 per ct. 2% . - ...... -. ."
to
East Lancashire ..... ......... 25 .. .... - -
-
Ditto, New ... .......... .... . 9.2

.. .......... .... .23
Do., New Quarters ...... ......... 61.4 —
Do., 6 per Cent. Preference
Quarter Shares....... 614 ...... 7% to
East Lincolnshire ......... ...... 25 - to
Edinburgh and Glasgow ..... 50
Ditto, Half Shares ......... 20 .....
Edinburgh and Northern ... 25 ......
Ditto, New p0rt.......... .. 15
Exeter, Yeovil, & Dorchester 2%
Exeter and Exmouth
—. ... .. to
Glasg., Dumfries, & Carlisle-8/. 6s.Bd — .. ••• to
Glasgow, Kilmarnock, & Ayr 50
Do. Preference Consolidated •••••• ** ••• to
Great Northern 2O - to 10
Do. 1/2 A Deferred ..... ... 121/2
Do. 1/2 B 6 per Cent.
Do. Extension ... 2l/2.. ...
Gt. South. & West. (Ireland) 45 - ..... to
Great North of England 100 ...... toto
--
Ditto, New 40/..... ..... ..
Ditto, ditto
Ditto, New 301.
.. 40
Ditto, New 15/...... ... ...... 14 • to
Great Western
100
Ditto, Half Shares
50
23 - ... to 16
Ditto, Quarter Shares
••-
Ditto, Fifths 2O
Do. New 171. l5 .. ... to
Hull and Selby 50
Ditto, Half Shares .......• 25 ...... --
Ditto, Quarter Shares . 121/2 — to
Lancaster and Carlisle.... ... 50
Do., Thirds lO ...... ...... to
Lancashire and Yorkshire
Ditto, ditto
Ditto Half Shares ...... ,
Ditto Quarters ..... -
Ditto Fifths .................. 10 51/2 to 5
Ditto Sixteenths ........... 61,
.. ..
.. --to
Ditto. IT'. els
........... 15 ''' 6l4— .. to
Do., New Guar. 6 per cent. 10
Do. Liverpool and Lay... 46
Dv. (Liuddom and sheff.) 47