The Sun.
London, England, 1849-04-30 00:00:00

SICILY.

Immediately after the vote of the two Chambers ac-
cepting BAUDIN'S mediation, Ministers gave in their re-
signations, and the following persons are said to have
accepted office:—Duke MONTELANE, Marquis SPACCO-
FORNO, Baron GRASSI, Baron CALAFATI, and Cay.
LOUGO.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool on Saturday were esti-
mated at from 5,000 to 6,000 bales, and comprised about
5,000 American, including 500 on speculation, 500 for export,
and 200 Surats, at 314 d. to 3%c1. Compared with Friday's
rates, prices of all kinds are unchanged. The Market
closed firmly, with a steadier tone. The Market for Rail-
way Shares was dull and gloomy, with a further decline in
prices.
There has been a very dull trade in Mark-lane to-day, and
inferior samples of Wheat are cheaper than on Monday last.
From Aria' Gazette we take the following respecting the
Staffordshire Iron trade :
" We regret that the proceedings of the last fortnight have
not confirmed all the very positive statements that were
circulated in some metropolitan as well as provincial news-
papers. Experience has many times proved the impolicy of
attempting forced movements in the trade, unsupported by
the current of public feeling, whether towards higher r
lower prices. Upon the present occasion it is scarcely to Ie
expected that after the unusual exertions made by most of
the large firms to establish the advanced list, they will be
willing to give way to any slight indication of disapproval on
the part of their customers; but it is also becoming evi-
dent that no small share of determination must
be put into requisition among the general manufacturers if
their present standing is to be maintained. Contracts may
have been undertaken by some of the large makers sufficient
to employ them for the quarter; bat others are in a different
situation, and the movements of our merchants and dealers
seem to be for the time completely paralysed. Whether
they are hesitating under the renewed hostilities, and block-
aded ports on the continent, or alarmed at the unexpected
change in the American Money Market, so discouraging to
the previous sanguine representations from the
new gold region, or whether the depressed condi-
tion of the Railway Share Market may afford
a sufficient check, for some cause or other they
have ceased to purchase, and, in the place of giving orders,
content themselves with inquiring what are the present
prices. Very little, therefore, is doing, and the stocks in the
hands of manufacturers are upon the increase. In the mean-
time the wages of all the workmen have been advanced, as
well as those more immediately employed in the making of
iron, as the colliers and miners. The stocks of pig iron
also, where lately purchased, and all materials upon the blast-
furnace hearths, have been procured at higher rates. Makers,
therefore, are in no condition to yield in price.
Cape of Good Hope accounts of March 3, notice various
improvements that were making in the colony, and the
steady increase of its staple exports. The growth of the
vine, it is said, might be much extended. The colony of
Natal now possesses a separate Government, with a Governor
and Executive Council for three years, and its places of
worship and other public buildings indicate its growing im-
portance.
By electric telegraph we are informed of the arrival of the
Niagara steamer at Liverpool, from Boston, United States.
Accounts of January have come to hand by a di-
rect arrival from South Australia. Affairs in that colony
seem to be very prosperous as respects mining
operations, and matters generally were in a favour-
able position. The Mining Share Market, however, was
rather quiet. Good reports were made of the wheal
Gawlers, but there was a slight decline in Burrs Burrs.
The William Money had arrived out with emigrants, and it
may be interesting to note what is stated of the climate, as
ascertained by observations on the temperature during the
past year. The year 1848 was an unusual one, the cold and
rain having lasted much longer than usual. The warmest
day was 110 degrees in January, and the coldest 46 degrees
in August. There were 93 days, with a temperature be-
tween 45 and 60 degrees; 67 days, between 61 and 70 ; and
72 between 71 and 80 degrees,
At Amsterdam, on Saturday, Austrian Stock was flatter,
and Dutch, Spanish, &c., were a little feebler.
The Hamburgh mail of Friday brings the rate of exchange
on London at 13 8%. There was a larger number of bills
offering upon the continental cities generally. In the
Vienna market on the 25th inst. the funds were a little
firmer, owing to the announcement that the Austrians still
occupied Ofen, but there was not much business done. At
Frankfort on the 27th inst. Austrian Five per Cents. were 76%.
The ice at Riga was breaking up on the 21st inst., and the
navigation was expected to be free for the season in a few
days.
The renewal of popular ebullition at Berlin and Paris, and
the general state of excitement described as prevailing in
Germany, inspire still some apprehension of future trouble;
nor is the marked success of the Hungarians likely to calm
the spirit of the people generally. One thing is felt to be
obvious, viz., that the German Emperor question
gains ground. Against these unfavourable circum-
stances are placed the hope that Denmark must
soon propose terms of peace, and the satisfaction experienced
at the quiet occupation of Civita Vecchia. It is conceded,
however, that the presence of French troops in Italy is a
circumstance that may lead to important results, but we
find no great apprehension, and the decline of per cent. in
the French Funds has had no particular effect on English
Securities, though our market is very quiet, and some-
what heavy. Consols have ranged from 91% to 92%.
The New Three-and-a-Quarter per Cents. have been 91%
to %. and the Three per Cents. 90% to 9056. Exchequer-
bills have been 445. to 475. premium. Bank Stock is firm
at 1921/, and Indian stock at 244. Long Annuities are
8% to 9-16ths.
The Foreign Market has not been active, but prices are
firm for Spanish and Mexican. The former, Five per Cents.
are 17%, and the Three per Cents 8234 to 33. Portuguese
Four per Cents. are nominally 28 to 29. Mexican, with the
coupons, have been 31% to 3A, and Peruvian 63% to 65.
Grenada Deferred are 3% to %. Dutch Four per Cents.
realise 77%.
This is " pay-day" in the Railway Share Market, and
matters are looking better as regards all the lines. There
has been a rally in Eastern Counties, Midland, and all the
York lines, as well as in North-Western, &c. Much atten-
tion seems likely to be directed te the proposed system of
working railways by contract, and which is considered to
have been already successful on the Midland Great Western
of Ireland. The plan is to be tried on the Shrewsbury and
Birmingham.
CITY, THREE O'CLOCK,
An express has just reached the North and South Ameri-
can Coffee House from Liverpool with the American News.
The exchange on London was at 10614 to 106%, with a good
deal doing. There is no important political intelligence.
The provision trade was inactive. Indian corn, round
yellow was steady at 56 to 58 cents., and Indian meal flour
at 2 dolls. 50c. to 2 dolls. 62%c. per barrel. The freight of
flour to Liverpool was 614 d. to 7d. per barrel. The Pennsyl-
vania Legislature had enacted that the dividends should be
paid in cash instead of relief notes.
From Canada we learn that Lord Elgin had not adopted
any definitive line of action on the Indemnity Bill, but it
was feared that if he sanctioned it, there would be serious
disturbances.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 192%
3 per Cent. Reduced Annuities
3 per Cent. Consols Anns
New 314 per Cant. Anna..........._.. 91%
Long Annuities, Exp. Jan. sth, 1860 8 9-16 85%
D 0.30 Years, Expire Oct. 10,1859 248 8 5-16
india Stock
Consols for Account
Exchequer Bills. March. d. 2d.
June.
1,000/.
500/ •••• ......... ••• 44 47 p
Small 44 47 p

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Equador Bonds 4
Grenada, 1 per Cent... —
Do. Deferred
&lexican 80ni5,1846, 5 per Cent. with CJupona 31%
Ditto Account . ......

Peruvian Bonds, 6 per Cent 63% 65
Spanish Bonds, 5 per Cent, 1840
Ditto for the Account
Spanish Bonds, 3 per Cent 33
Ditto for the Account .... .
Dividends on the above payable in London.
Dutch 21/s per Cent., 12 Guild
Ditto 4 Der Cent. Certificates
II USINESS DONE IN RAILWAY SHIRES AT ONE O'CLOCK
RAILWAYS. PAID. rga swam
Boston, Stamf., & Birming... 5
Buckinghamshire.. l6l. 48 2 dia..— to
Caledonian

Ditto, New 101. Preference 10
Chester and Holyhead... 5O ..... 151,a to
Eastern Counties .... 2O 7%%34 814 to 8
Do.. New Guar. 6 per cent. 10
Do.Exten.,s perct.No. 1,6/.135. 4d % p... to
Do., Northern & Eastern... 50
Do., 5 per cent.
Exeter, Yeovil, & Dorchester 2% l3/ ..... to
Great Northern
Do. % B 6 per Cent.
Great Western 100
Ditto, Half Shares
Ditto, Quarter Shares
Do. New 171

Hull and Selby
Ditto, Half Shares ...... 25 ...... 49%
Lancashire and Yorkshire ... 93
Do. New Guarant. 6 per Ct. 10
Do., West Riding Union... 9 .... . 3% to
Leeds and Bradford
London Pe Blackwall
Lood., Bright., &South Coast 50
Do . Preferential. 5 per Ct., 50 51 ..... to
London & North Western.....loo 129 128... to 129%
DI. New Quarters.
Do. Fifths
Manch, Buxton, & Matlock 4% 1%14... to
Manchr, Shoffield, and Linc.100

Do., New 10/. Preference 10 ... .. 1034. to 11
;Midland..-.... lOO 67 65 66% to 68
Ditto, 50/. Shares:..... ...... 25...12% 13% 12% to 13%
Midland, Birm., and Derby...loo ... .. 43
North British - - ... ...... .. 25 .. —..
•-.
Do. Quarters 614 ..• 314 to
Ditto Thirds .... ........ -.... 8 .i...... 4
North Staffordshire...
Oxford, Worcester, and Wol-
wrhampton
Scottish Central .., 25 ... - 24 ...... to
Shropshire Union...
South Eastern
Ditto, Registered No. 4 lO ... .. 6
Ditto, Scrip No. 4.. ........ 10 - ... 6 7/g 34 . .
Fork, Newcastle, and Berwick 25 ...... 2014 194 to 20%
Do. and Newcastle Eaten. 20 ..... .15 1474 % to 15
1)o. G. N. E. Pun or Pref. S ...... 4% 5.- to 4%76
York and North Midland .. 50 ...... 34
Ditto, Preference ............ 10 ...... 71,4 % to
Ditto East and tof est Riding
Extension ......... .. ...... 25 ...... 17%
FOREIGN RAILWAYS.
East Indian ...
Northern of France.. .......a 13
MINE S.

3 -
Australian .....