The Sun.
London, England, 1849-07-16 00:00:00

LONDON, MONDAY EVENING, JULY 16, 1849.

therefore, many advantages not belonging to a mort-
gage ; and, in fact, no mortgages or other charges on
land were ever accepted, unless accompanied by a col-
lateral judgment or judgments.
It may easily be conceived what opportunities and
inducements were afforded under such a system to
create a number of small incumbrances. The Irish
gentry are, and have been, proverbially a thoughtless
and imprudent race, ever ready to incur new liabi-
lities and to obtain loans for present exigencies, on
any terms, however disadvantageous or ruinous to
their future prospects. The facilities for obtaining
small sums were not suffered to remain dormant.
Persons who would rather undergo some trifling in-
convenience than submit to the delays and expenses
of raising money by a formal mortgage of their pro-
perty, were quite ready to "confess a judgment."
There is, we believe, but little doubt that fully one-
half of the incumbrances affecting Irish estates
are ascribable to the state of the law with
respect to judgments, and that the vast extent of
property now under the control and management of
receivers of the Court of Chancery—the worst pos-
sible landlords—is owing to the same cause.
Under such circumstances, when one-sixth of the
entire soil of Ireland is in the hands of receivers—
when more than 2,000,000/. sterling is annually drawn
from land, no portion which can be applied to the
improvement thereof, however obvious the advantages
of the expenditure—no doubt can exist as to the
correctness of the opinion of the distinguished Judge
who now so ably presides ever the Rolls' Court in
Ireland, " that it is a matter of public policy to render
judgments unpopular securities for money," and that
" the present law operates most injuriously on the
interests of an embarrassed and improvident people.''
A great and comprehensive change is essential to the
welfare and prosperity of the nation. But when the
enormous amount of money, and the magnitude of
the interests involved in, the question are taken
into consideration, it will also be manifest
that the utmost caution must be observed
in dealing with existing interests. It would
clearly ba unjust to lessen the value of the securities
on the faith of which so many persons have advanced
their money. There will, therefore, be no inter-
ference with judgments now in force, which will be
exempted from the operation of the present Bill, and
the greater portion of which, it is to he hoped, will
be liquidated under the provisions of the Incumbered
Estates Act; but all future judgments will be affected,
o as to prevent the possibility of the nation relapsing
into its present condition, if it should happily be ex-
tricated from difficulties by judicious legislation.
The first and most obviJus precAution is to prevent
the assignment of judgments henceforward. When
judgments are only valid in the han'ls of the Conuzee,
or party by whom it was originally recovered, or of
his or her personal representatives, there will no
longer be a temptation to keep those securities so long
alive. We shall not, as at present, find judgments sub-
sisting that had been obtained against a former pos-
sessor of the property some eighty or a hundred
years previously, and which constitute formidable diffi
culties in the way of making clear and unobjectionable ti-
tles to the lands ; if brought into the markets for sale when
no longer assignable, the great in,lucement to resort
thereto will be removed. The practice of raising
money by confessing judgments will receive a heavy
blow and great discouragement, and a salutary diffi-
culty will be thrown in the way of creating new
incumbrances affecting Irish property.

The second point to be attained by the present
13111 is to prevent judgments from attaching on, or
becoming charges upon lends, until they have been
actually placed in the hands of the sheriff for recovery
This salutary enactment will get rid of one of the
chief difficulties in the way of making out a title to
estates, and a cause of great and unnecessary expense
in the transfer of landed property. It will also ren•
der judgments unavailing as permanent securities,
and remove the dangerous facility that now exists for
creating new incumbrances.
The last, and by no means the least important
provision of this excellent measure, will be to take
away the power of appointing receivers for sums
less than 1501. Under the present system,
a receiver can be appointei to enforce pay-
ment of any judgment, however small, and
in many instances the costs of the proceedings
greatly exceed the amount of the original debt. A
fearful instrument of oppression is thus placed in the
hands of creditors, who are able, by means thereof, to
extort usurious interest from their unfortunate debtors,
as a premium fur forbearance. It is also notorious
that many unprincipled attorneys speculate in small
judgments, which they purchase, and take assign-
ments of, in order to make heavy costs in addition to
the sum actually due. We confess that we would
greatly prefer that the power of appointing receivers
for judgment debts should be altogether taken away,
as the Solicitor-General proposed, and that thus there
should be no inducement whatsoever to advance
money on that species of security. A difference of
opinion, however, existed on that subject, and as it
was exceedingly desirable that there should be perfect
unanimity, so as to ensure the passing of the Bill
during the present session, the Solicitor-General re-
linquished his own opinion, and consented to the
limitation of the power in cases where at least 1501.
should be due on foot of the judgment. This will, at
least, prevent a considerable proportion of the cases of
oppression where the poorer class of debtors were
entirely ruined under the present law. On the whole,
the measure will effect a great improvement in the
existing system, and will be productive of the most
beneficial results in the sister kingdom.

THE FRENCH REPUBLIC.

We have received the Paris papers of Saturday and
yesterday.
The ilioniteur of Saturday has the following :
" The Minister of the Interior has addressed the fol-
lowir, report to the PRESIDENT of the Republic :
" Monsieur lo President,—The deplorable events of
the 13th June last have raised serious dissension in the
7th Legion of the National Guard of Paris. A great
number of officers have considered it their duty to resign
their ranks, in the idea that it was impossible that the
Legion should not bo dissolved and reorganized. The
Government, in fact, considers that measure as indispens-
able, which is called for by common accord by the Ge-
neral Commandant-in-Chief of the National Guard, the
Yreffet of the Seine, and the Mayor of the 7th Arron-
dissement. An organic law on the National Guard will
besides shortly be presented to the Legislative Assem-
bly; the 7th Legion may therefore in a short time be
reconstituted under the provisions of that new law. I

have, in consequence, the honour to beg that you wil,
approve of the annexed decree. Accept, &e.,
(Signed) "J. DUFAXRE."
. . .

The PRESIDENT of the Republic has, on the above
report, ordered the dissolution of the 7th Legion of
the National Guard of Paris.

The Committee appointed to examine the projet
de loi relating to the press, has determined to report
in favour of it.
The Journal des Debats gives the following compa•
rative statistics of the Paris elections in May and in
July :
" The results of the elections of July have just been
seen. In comparing the figures at present with those of
May 13 and 14, we find—

May 13. July 8.
Electors inscribed ... 378,043 372,800
Voters 281.140 234,588
Suffrages reckoned ... 275,642 233,901
Thus 46,532 electors, who had taken part in the vote of
May, abstained in July. The votes obtained in May by
the first eleven candidates selected in the list of the
Union had given a total of 1,304,596 ; in July the
eleven candidates of that list had 1,315,873 votes, or
11,277 more than in May. This is a smaller number
of voters. The list of the Union obtained more votes
in July than it had done in May. In May the first
candidate elected from the list of the Union, M. Lucien
Murat, had obtained 134,825 votes, whereas M. Ledru •
Rollin, the first candidate chosen from the socialist list,
sad 130,070. In July M. Lanjuinais, the first candi-
date elected from the Union, obtained 127,556 votes;
Goudchaux, the first candidate of the socialist list,
had only 103,602 votes, and is not elected. We have
said that the total of the votes obtained at present by
the eleven candidates of the Electoral Union was
1,315,873; the eleven candidates of the socialist list who
obtained :tin, greatest number of votes only furnish a
total of 991,014 votes. These two amounts give an
average of about 120,000 votes for each candidate of the
Union, ard a little more than 90,000 for each socialist
candidate."
It is reported that in consequence of serious dis.
turbances which have taken place at the Polytechnic
School, that celebrated institution is dissolved. One
of the students, who was accused by his fellow-
studen:s of having been the principal cause of the
arrest of M. LEON LABAUNE, who was last year the
head of the Ateliers Nationaux, has ever since been
sent to Coventry" by his companions, and subjected
to all manner of indignities. This affair has given
rise to such serious discontent and disturbance, that
the Government has been obliged to take the matter
up, and ultimately to dissolve the school. The mea
sure is a harsh one, but it will not be of long endu'

ranee. It will shortly be re-organized, merely leaving
I it the names of the principal rioters.
Ti-e Sulut Public of Lyons gives the following
account of a dreadful inundation which had just taken
I place at St. Etienne and the neighbourhood :
"On the evening of the 10th, a violent thunder-
storm, succeeded by a water-spout, suddenly inundated
the village of La Republic. In ten, minutes a stream,
called the Furens, which passed through St. Etienne,
was swollen into a perfect torrent, carrying before it
everything which impeded its progress. The streets of
St.' Etienne were completely inundated, and a great
quantity of property of various kinds swept away by the
torrent. Several persons lost their lives. At La Ba-
douiliase a house was washed down, aril a whole family
buried beneath its ruins. The torrent was so rapid,
that although not more than four feet deep, no one
could stand against it. In the quarter of St. Louis, a
fire broke out in consequence of the bursting of a gas-
pipe; it burnt, however, but a short time, as it was
extinguished by the rush of water. A ca'S in the
Place de de Ville, was completely washed
away. A pyramid erected on the north side of Mont
Pilat, in commemoration of the birth of the King of Rome,
was struck by the lightning and considerably damaged.
The dyeing establishments at Valbenoite have been
seriously injured and much property destroyed. The
inundation lasted for about an hour. Ten bodies have
already bsen found, but it is expscted that the loss of
lives will amount to thirty. More than 1,000 familie s
have suffered more or less loss. The garrison at St.
Etienne exerted themselves with the most praiseworthy
owing to their exemplery cosi-
dsivasgs onedloyne was net much greater than
courage, uci :tn. a4gt
soap,
:et'le:t'e: it l i
I departments tl-.e elections are finished,
and the following s the result
UCHES nJ RHONE —General Rulhieres, 35,000; M.
le7ro,oyool3.eausien, 32,685 ; M. Dupont
(de l'Ear, ), 13 685.
:ENT% INFERIEURE.—M. EaCiPlisvriaux, 13,020;
M. De 1-43b,tUS, 11,502; M. Mare-
S
chal, 11,129.
Canat(ndeo'l7le.),A,
In this department none of the candidates having
DGeuCipilernAal P & 11, 631 ;
! obtained the support of one•eighth of the number of
electors inscribed on the lists, a fresh election must
1, take place.
' I DROME.—M. Morin, elected. The numbers not stated.
EURE ET LOIRE.—M. Brifl'aut, 22,52 E ; M. Lamar-
tine, 2,834; M. Maunoury, 2,823; M. Raimbault, 1,032.
GERS —M. Lagrange, 23,170; M. Peqet Ogler, 13,839;
M. Alatn Rousseau, 1,950; M. David, 1,505.
ILis ET VILAINE.---.21L liiollSt elected. Numbers not
stated.
Valette, 18,873; M. Ribeyrolles, 16,622;
M. Lamartine, 3,329.
LOIRE ETCHER.—M. Clary. 14,647; M Germain
Sarrut, 13.537; M. Ducoux, 2,009.—M. Sarrut protested
against the election, and intimated his intention to petition.
LOIRET.—M. Latnartine, 23,006; M. Madier, 7,309;
M. lion lean, 2.007.
NIEVRE.—M. Manuel, 18,483; Col. Mouton, 16.264.
RuoNE.—M, Jules Favre, 41,337 ; M. J. Rivet,
17,391; M. do. Mortemart, 11,739.
SAONE-ET-LOIRE.—M. de Lausartine, 29,094 ; M.
Joly, 1 ere, 20,068.
SEINE ET-Manisa—M. Auberge, 16,593; G. Lafay-
ette, 8.412; N. Clary, 8,107; M. Luehet, 4,681.
SEINE-ET-OISE.—M. Napoleon Lepic, 40,905; M.
Erambert, 8,269.
MAINE-ET-LOIRE —Admiral Da peti t Thouars, 41,561;
M. Left aneois, 7:690.
The Moniteur, of Sunday, publishes the announce-
ment of the appointmentof General DE Lassonicinan
as Envoy Extraordinary and Minister Plenipotentiary
on a temporary mission to the Emperor of Russets.
We read in the Sentinelle of Toulon :
" The Gr4oeis, Captain Fournier, arrived in the even-
ing of the 911 in this port. It left Civita 'Vecchia on the
6th, and touch, dat Marseilles on the &b. On the sth
oar army was completely establi•hed at Rome, and owing
to the energetic measures taken by the General-in-Chief
perfect order was maintained. Our soldiers were well-
received by the Roman population, who were wearied
with the regime of terror waich weighed on them. The
troops occapied all the positions which command the
town, and no fear with respect to pubic tranquiliity
was entertained. At nine o'clock in the morning of the
sth they replaced the Roman garrison of the Fort St.
Angelo. The national guard and caribineers were doing
the service of patrols in conjunction with our troops of
infantry and cavalry. Garibaldi went towards Velletri,
but it was believed that he would march towards the
Abruzzi. About 600 convicts to whom he gave liberty
form part of his corps. General Regnault de St. Jean
d'Aneely commands the French force sent after him.
Mazzini was not with him, as was at first stated, but
had taken reruge, with General Avezzena and Prince
Canino (Bonaparte.) on board the English steamer, the
Bulldog, which has convoyed them to Malta. When the
Frerch entered Rome there only remained 10,000 or
12,000 organized troops."
Rumours sere yesterday prevalent in Paris of a
most c3craorelinary character. It is known that in
August the Legislative Assembly will adjourn for
two months, and during this interregnum a bold
attempt, it is said, is to be made to destroy the
Republic. The Siecle thus describes the intrigues
which are said to be carrying on for this purpose :
" A legislative interregnum has been at all times fa-
vourr.ble for minitturial intrigues. We do not yet know
what great pr+ct is in view for the adjournment about
to be proposed, but we b, lieve that a complete change
of Ministers, long looked forward to, is ut length re-
cognised to be inevitable. Meetings, communications,
and negotiations have been so numerous, and matters
are matured to diet point, that we should not be surprised
to read in the Moniteur this very day the following ap-
pointments:—
" M. Mo'efi, President of the Council, without portfolio.
"M. Thiers, Minister of the Interior.
" M. de Falloux, Foreign Affairs.
" M. Benoit d'Azy, Finances.
" M. Napoleon Darn, Public Works.
" M. Baroche, Justice.
" M. de Montalembert, Public Instruction.
" M. Rulhieres, War.
" Admiral Cecile, Marine.
" M. de Morny, Commune.
" This we admit to be a curious list, but really we
think it better that the principal actors who have been
so long behind the curtain should come at once upon
the stage."
General CHANGARNIER is, it is said, opposed to this
combination, and the PRESIDENT of the Republic
himself is said not altogether to favour it. The Legi-
timists and parli pretre are likewise waxing exceed-
ingly bold. The Corsaire and the Assemblee
Nationale openly advocate a restoration of monarchy,
and the old Monarchists are everywhere being ap-
pointed to offices in the provinces. Among them are
several partisans of Louis PHILIPPE, and several whose
monarchical opinions were of so ultra a character, that
under the ORLEANS regime they were considered as
unfit for office. The Liberte, in a leading article
headed "Republic or Monarchy," thus exposes the
designs of the Monarchists :
" The question is now laid down, as it were, of itself;
there can be no longer any illusion on the subject. Be-
fore the last elections it was thought that the enemies
of the Republic would have patience to wait. It was
thought that, after all their professions in favour of the
honest and moderate Republic, they would have had the
decency not to bring such a question on the lapis, how-
ever, it might have lurked in their feelings. Six months
ago we proved beyond contradiction that the adherents
of the late dynasty had been thrust into every place, and
were in full possession of power, to enable them with
greater facility to destroy the Republic, and while they
were pretending to be its defenders."
And having proceeded in this strain, it appends to
its leader the following postscript :
" Large suers of money had for some time been ex-
pending in the restoration of the domain of Chambord,
and there is great activity employed to render it worthy
of the habitation cola prince. Does this restoration in-
dicate one of another sort?"
The Assembled Nationale has the following, which
will certainly not tend to allay the fears of the Re-
publicans :
"Many correspondents of both English and French
journals occupy themselves with certain interviews and
negotiations, undertaken with the view of solving some
points of the hiehest policy attached to the governmen-
tal situation el France. Hence conjectures, reproaches,
and insults. Sad avowal this on the part of the Repub-
licans ! If their principles be so powerful, why trouble
themselves on the point ? We believe all conjectures
premature. In the prevent state of France every act of
conciliation and good understanding ought to be ap-
plauded. Bat while we approve of what is good and
just, there are, we must say, other matters of a more
pressing character. The revolutionary spirit that
common enemy—must be repressed and put down.
Every work is composed of parts. One niu,t precede
the other, and why trouble ourselves about the future
when we have universal suffrage to repair, sancion, and
legalise ? What we want to-day is complete victory
over anarchy, with the consecration of the following
principle France, legally represented, can do what
she pleases, for she is sovereign.' "
• Should any attempt at a restoration be made, a
terrific civil war would be the consequence. The
Republican party is strong even in the army and
it would resist to the last ; no attempt to change the
form of government in France could be accomplished
without terrific bloodshed.
The POPE has sent the following letter in reply to
an address presented to him from the municipal
council of Marseilles :
" Dear Sons,—Salutation and Apostolic Benediction,
—The piety and de'erence which you profess for us and
for the apostolic see, in concert with the illustrious
French nation, have manifested themselves in a parti-
cular manner under the deplorable circumstances which
removed us from Rome and subjected us to the most
severe tribulations. We, therefore, accept with grati-
tude the duty which you wish to perform towards us
at this time, and we thank you for consoling our suffer-
ings and our afflictions by the expression of the
religious feeling which animates you in such a high
degree. Confiding in the Almighty, who wounds
and heals, who, while permitting these adversities, would
not shake the faith, but only put it to the proof, we
have never ceased day and night humbly to implore his
Divine assistance; but we fear that he will one day
punish by some public calamity the disorders of the city
of Rome, and the injuries done to the Church. It is
for that, dear sons, that you should persevere more than
ever in praying to the Lord to turn his indignation from
the Cheistian world, and to establish peace and tran-
quillity. And we give you tenderly, and horn the
bottom of our heart, to you and to your fellow-citizens
the apostolic benediction, as a presage of the Divine
protection, and as testimony of the love which we
bear towards you.

" Done at Gaeta, the 10th of June, in the third year
of our Pontificate,

(Signed) " PIUS, P.P. IX."
USINESS DONE TN FOREIGN RAIL WAYS AT THE
LONDON STOIK-EXCITANGE. JULY 14.

Central of France (Orleans and Vierzon), 12 --Lu em-
bour g, 14 —Paris and i'ouen, 21,:,4--Paris and Strasbourg, 4;:(
—Sambre and AleuFe,

SPAIN.

Madrid journals of the 10th have been received.
They contain no intelligence of importance.
MADRID, BOLSA, JULY 10.—Three per Cents., 26-
for account ; five per Cents,, 11; paper. Exchange
on London, 50 65 money.

GEIUVIAiNY
AND

THE NORTHERN STATES.

The German Gazette of the Empire of the 12th
inst. gives, under the date of Bremen, July 6, the
following note :
" The Senate of our city has this day received from
Lord Palmerston a declaration to the effect that his
Lordship having no knowledge of the German fig of
our vessels of war, England must, as a consequence,
treat them as piratieal vessels."

LVI ONE Y and COMMERCIAL NEWS.

CITY, QUalli ER TO THREE.

The sales of Cotton at Liverpool on Saturday were
estimated at 6,000 bales, including 700 American and
500 Egyptian on speculation. The tramactions were
4,000 Alai-lien; 500 Pernam and Maranham, at 5d to
Sid, 700 Egyptian at to 714, 300 Surat at 3il-1 to 4i,
and 80 Sea Island at Oil to is 2d per lb.—/tailvvay shares
were tending upwards.
The Corn marlAet is decidedly heavier this morning,
owing to the settlement of the Danish question.
In Iris' Birmingham Gazette we are advised to-day
upon the state of the Iron market as follows:

" During the late quarterly meetings, the apprehen-
sions we last noticed of a further define in prices have un-
fortunately been realised, and the ncmieal rates con-
cluded upon at the preliminary deliberations of the iron.
masters, at Handsworth, have been altogether disre-
garded. Still no accession of activity has ensued; but
orders that would have been given out, if anything like
firmness had been exhibited, were kept back, and in
manyinstances pending negotiations were broken off
abruptly, under a feel ng little short of absolute panic.
In pig iron a still further reduction was submitted to than
in manufactured. Holders and markets seemed anxious
to realise, if possible, on almost any terms, and offers
were pressed without finding purchasers. A few specu•
latire lots changed hands at prices varying from 50s. to
603. per ton. Throughout the week gloom and dissatis-
faction have prevailed, and it is supposed that the aeare•
gate amount of business transacted has not beers so
small upon any similar occasion since Midsummer, 1843.
It would be difficult to quote the absolute prices, as each
maker seems to consult only his own neces-
sities ; but we believa that merchant-bars
and nailrods have been sold as low as 5/.,
and pigs at 455. per ton. The present circumstances
afford certainly a most discouraging prospect, and the
business that otherwise might be done to a small
extent, is prevented by feelings of distrust as to the
future; these, we hope, a few days' reflection will dis-
sipate, and trade will assume a more settled ttsp:et.
A nermanent return to remunerative prices cannot be
expected during the present summer or autumn; but
there existed no unavoidable necessity for the precipi-
tate haste with whieh the present low figures have been
adopted. One firm has already succumbed to the
pressure of events. They have been known to have
been struggling under difficulties for some time,
with the hope of retrieving their liabilities; but the long
succession of downward movements, and the now ruin-
ous position of the trede, have at once blighted every
endeavour, and rendered further effort useless. Three
furnaces are thus put cut of work, and their production,
as well as the employment they afforded, withdrawn.
Many others are being blowu out, as the only alternative
to escape a similar wreck."
This is certainly a gloomy picture; hut we share with
the writer the hope that matters may speedily improve.
The directors of the Union Bank of Australia this day
declared the usual dividend of six per cent. per annum,
with a bonus of ss. per share. The report was eatisfac
tory, and highly cheering as to the state of the colony.
The steamer has arrived with hits accounts from the
United States and Canada. In the Stock market at New
York up to the 3d inst. there was no material variation
in the value of Stocks, the market not being so activ'.
Prices had reached a comparatively high point, and this
operated as a check, the European demand having at the
same time fallen off. There had been a brisk demand
for sterling Exchange for remittance, on account of the
semi annual interest paid on Government Stock, and it
was expected that this would continue, and that a
further rise would occur, the current rates being 108 i
to 1094.
The value of imports into New York was, daring
the week preceding the date of our present advices,
1,278,274 dollars, being greater than in any correspond-
ing period for three years previously, with the exception
of 1347. Nearly one-half of the aggregate im-
portation of the wet k was in dry goods, and
for some time an increase is expected in the
imports, owing to the fall trade. Many parties conceive
that they will be large, and we only hope they may not
be overdone. The shipments of breadstuffs from the
States to Great Britain continued active, having since
September last been as follows:

Flour, Meal, Wheat, Corn,
1.35. bls. bush. hu.h.
• Sept. 1,'47, to latest dates, '4B, 151,191 92,‘,38 215,139 3,860,982
„ 1, '4B, to .. 903,356 73,393 1,021,784 10,722,633

Increase, 1649 ••..••••• • • • .. • • 749,165 --
Decrease .•• • • . .. •• • • • • • 19,245
The per cent. increase has been greater in Flour than
in anything else, but the quantity of Indian Corn
shipped this year has been immense, and the aggregate.
for the year will very nearly equal the enormous ship-
ments of 1847.

813,645 7,661,656

These quantities, it will be perceived, aro very heavy
compared with last year, end some American writers
contend that even if the harvest in Great Britain prove
an average, the demand for United States breadstuffs
will not experience any important reduction, the state of
prices enabling shipments to be made readily from the
other side. This is, of course, the reasoning of inte-
rested parties.

Concerning the Californian gold product, there is no
falling ufF in the actual amount obtainable ; but the
symptoms of anarchy and the severe labour required at,
the "digging" render the chances of an excessive supply
more remote.

From Canada we have dates of June 30. In the
Montreal market, best brands Flour was 20s. 9d.; for
superfine Wheat, 4s. 61; for Upper Canada and Ame-
rican freight to Liverpool, 3s. 6d. to 3s. 9d. Thermo-
meter 65 to 70.

In Mexico there was a continuance of the Indian
troubles, and of which the American papers continue to
make the most. The north-eastern provinces appear to
be most dissatified. The colonization of Sonora, said to
be a rich gold district, was contemplated by the Mexican
Government. The roads of Vera Cruz were perfectly
safe again. _

Accounts of October 4th, from Fort Simpson, in the
Hudson's Bay territory, state that eighteen men of the
expedition in search of Sir J. Franklin, had been from the
mouth of the M'Kenzie to the copper mine, but had heard
nothing.
The English Stock Market has been higher again to-
day, Consols having touched 934 4, though now 931 4.
The State of the Account, the settlement being fixed to
tike place to-morrow, is the chief cause of the fluctu-
ation, there bring a great many speculators for the
rise. The Reduced Three per Cent. Annuities are
031 4, and the New Three-and a-Quarter per Cents
944 to 4. B ink Stuck is at an advance to 199. Exebe
quer bills have remained at 4Ss. to Ms. premium, and
India Bonds have been 80s. premium.
The Foreign Securities have been under the influence
lik,wise of the arrangement of the account. Spanish
Active Bonds have been 184. Portuguese Fourper Cents.
30;1, and Brazilian 84. Danish Stock has been at
67. Dutch Two-and•a-Half per Cents. are 52, and the
Four per Cents. 804 to 81. Mexican are depressed by the
tenor of the political news, the quotations having been
27;1 to 28 without the Coupons.
Railway Shares are looking up, and there is a better
business doing.

0,,E O'O:,'IA.K. OLosING
P.J -E,,.+ OF isitiTlKl FUNDS PRICES.
dank Stock
3' or Cent. Reduced Arms. ..... - P3-Vj
3 Der Cent. Consuls Annuities 93 I 4 % 14 93
NaNa=r 3!4 per Cent. Ann 5........ 94% % I,i ,1,43
i.oagAnns. to expir... jan.lß6o
India Stcck —
fl(ii_i Bonds, 1,000/.
Ditto under 1.000/...
'
Consols for Account 93 [la q 53
Exchequer Bills. 11/0. & 2d.
1,0001. June 4B 51 p 51 p
5001. June
Small. June 4B 51 p 51 p
PRICES OF FOREIGN FUNDS. ONE Cl.o',Urk.
O'CLOCK. PRICES
Brazilian Bonds
Danish Bonds, 1825, 3 per Cent 67% 61:)34
ciexican, 5 per Cent. 1846, with Coupons 293/4 I,i 029
Ditto, Ex Coupons
Ditto, Account,: ..... ... ...... ... 27%
_2B 27A 273/4
Peruvian Bonds, 6 per Cents
D:tto, 4 per Cent. Active ..
Ditto Deferred

--- - --:-..:
Portuguese 5 per Cents.
Ditto, 4 per Cent tV/4
Ditto, Account .•
Sp.nisli 5 p!-,r Cent. 1840, ••• —
Ditto, Account .
181/2
Ditto, 3 per Cent ...
Ditto, Account —
Uividends on the above payable in London.
Belgian 41/2 per Cent
Dutch 21 per Cent., 12 Guild.... 52
Ditto, 4 per Cent. Certificates 80 ',4 81 •

304
31)
1814
18%
3i-43
35

8 I%
81

PRICES OF PAID. BUSINESS DONE CLOSING
, AILWAY SHARES. AT ONE O'CLOCK. PRICE,
A.'ierdenq 5O ... ..
Do. Preference
0 dedonian .... .. 50 ...,.. 253/4 26
Do. New 101. Pref lO ..... 113/4 12 ,
Chester and Holyhead 5O ......
...........
......
Ditto, Preference
Ea tern Counties........ 20 .....„ 9%;%
.....
...
•• 91/2
Do. New Guaranteed

25,2
12

11%

6 per Cent...... lO ...... 11% %. .
Ditto,Extension,s per
Cent., No. 1 6/.135. 4d.... 13 p
3% P
Ditto ditto, No. 2...61. 13s. 4d... ' p p
Do. North. & Eastern,
6 per Cent. ...., .. 50
Ditto. 5 per Cent.... 50 ...... 56 . 56
•• ••
Do. New
East Lancashire ......... 25
Ditto, New - ...... ..... 173,4
E est Lincolnshire
Edinllurgh and Glasgow 50
Great Northern
Do., -Iy2 A Deferred 1214— 414, „ „ 4%
D0.,?4, B 6 per Cent PA..-- 5% „ ~ 5%
Do., 5 per Cent. Pref 5 -> ji,, .... ..... 4
i. 2; rest North of England.loo 232
Great 'A' est,:rn 100 ......
Ditto, 16 Shares SO
Ditto, Iyi Shares
Ditto. New 17/... ..... 15 ... .. 11%
Genet:l:hire & Yorkshire 93
Do. Fifths ... 10
Do. Thirds l5 ..... 83z1 9.
Do. New, Gua.6 per ct
Do. (W. Biding Union) 9
Lenden & Blackwal! 121,g 4 4 IA .
London, Brighton, and
South C0a5t........ 50
Ditto, New 51., guar.
6 per cent.
LDadon awl N. Western lix.) 134 t 334........ 133
Ditto, New Quarters.. 12
Ditto,Fifthi 2 .. .. 7%
L-r,(3. &S. Weoern ....• 50 —.. :6LA3/ 36
Ditto, New 50/. ...... 42%..~..
Manchester, Sheffield,
and Lincolnshire...loo
Dittc, New 10/. Pref... 10
Midland ...... ...100 ..... 67% 66%......... 6614,
Do., do., 50/. Shares 30 ..... 17% A ex.div...l7Aex.d
Norfolk ......, 100

42%
Is
11%
674
9
121/2

Do. Guaranteed 51iipe. 5
% 51,4
North itrita3ll. 25
Ditto, Halves ..