The Sun.
London, England, 1849-08-16 00:00:00

SWITZERLAND.

A Swiss journal states, that, in virtue of a conven-
tion between France and Switzerland, 107 German
refugees left Bale for Strasbourg on the 7th inst.

ITALY.

The Piedmontese Gazette of the 11th announces
that the King of SARDINIA has directed that the
mourning for the late CHARLES ALBERT shall last for
six months.
A letter from Ferrara of the 6th, published by the
Statuto of Florence, states that there is great uncer-
tainty in the reports about GARIBALDI. Some say he
re-embarked at La Mesola, with his wife and 30 fol-
lowers, and reached Venice ; others believe he has been
arrested. The Milan Gazette of the 10th is perfectly
silent on the subject.
The Extraordinary Pontifical Commissioner for the
four legations published a notification at Bologna on
the 7th, stating that the Chamber of Commerce hav-
ing represented the distressing position of the mer-
chants of that city in consequence of late events, he
has thought fit to order that all protests for bills
falling due up to the 17th inst. within the four pro-
vinces be suspended till the 18th inst., on condition
that the debtors pay the mercantile interest of the
days they have been respited.
Accounts were received at Bologna on the Bth that
the Austrians had, on the preceding day,
seized and shot the priest BASSI, one of
the most eloquent preachers of Bologna. Besse, it
appears, had officiated as chaplain to Gmtinlian's
troops. Limon; a Lombard, who had been one of
GARIBALDI'S officers, was shot at the same time as
BASSI. GARIBALDI himself, it is said, has succeeded in
re-embarking, and is now in Venice.

TUNIS.

A letter from Tunis of the 4th, in the Semaphore
of Marseilles, says :—" Sir THOMAS READE, Consul-
General of England at Tunis for twenty-eight years.
has just died, after ..a long and painful malady, in his
country house at the Maya. His funeral has been
celebrated with a solemnity and pomp unexampled at
Tunis, the BEY having determined that the greatest
honours should be paid to the deceased as represen-
tative of Great Britain. The body was removed into
the town in a carriage of the BEY, which was covered
with mourning, drawn by six mules with funeral
ornaments, and escorted by a detachment of 300
cavalry. The next day the funeral took place : two
regiments with arms reversed walked on each side of
the procession, and the coffin was surrounded by the
clergy of the Greek Church, who officiated in the ab-
sence of a Protestant minister. The two Christian
ministers of the Bey, MM. RATIO and BOGA, all the
generals and principal officers of the Regency, all the
consular corps and a crowd of Europeans, attended
the ceremony. It was an unusual thing to see the
great dignitaries of the country, who so seldom go out
on foot, walking slowly under a burning sun, espe-
cially in the fast of the Ramadan ; but the BEY never
ceases to give such proofs of his tolerant principles
and of his progress in international relations."
The Vautour steamer and the Gennaro, which con-
tain the unfortunate Sicilians who were concerned in
the late insurrection, have returned to Tunis, hospi-
tality having been refused them at Bona and Algiers,
as it had previously been at Malta at this place. The
BEY intends to send them back to Malta, and it is to
be hoped for the sake of humanity, that the English
Government will put an end to their misery, either
by securing for them a safe return to their own
country, or by indicating a place for them to go to.
Their position on board the vessels is truly dreadful,
reminding one of the misery which was suffered on
the raft of the Meduse. They are two hundred and
fifty in number, with wives and children, and many
of them are wounded or ill. It is said that M. RATIO,
who has just been nominated ferick and Minister of
foreign Affairs, is about to leave for Paris as Am-
bassador Extraordinary of the BEY, to congratulate
the PRESIDENT of the Republic on his election.

UNDERLAND, AUG. 13.—Wind W.S.W.—Slci. Numa
Quebec.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was very
animated, prices of American being quoted at an ad-
vance of Id. per lb. since Friday; other sorts are kl.
higher. There was but little offering.—Railway Shares
were rather better.
The Continental advices received this morning are
scanty, partly in consequence of the Catholic holiday
observed yesterday at Paris, &c.
A Charleston journal, adverting to the progress of
manufectures at the South, states—
" Manufactures have entered on a new era at the
South, brought about by inevitable circumstances. The
enterprise which has given them birth owes nothing to
legislation. The protection they have received is not
due to acts of Congress. They have sprung into ex-
istence from natural causes, independently of en-
couragement, now extended and then withheld, now de-
pendent on the success of party, and then abandoned
by a change of opinion. It is well that southern manu-
factures owe so little to artificial or factitious causes.'
They promise, in consequence, durability. The
tariffs, which afforded inordinate protection, effected
all the evils of a forced production. They
drew into this channel a large amount of
speculative investment. They made high prices, es-
sential to success. None but large capitals could stand
the shock, when fluctuations came in the market. and
excessive competition no longer afforded remunerative
returns. The northern manufactures have been sub-
ject to the contingencies inevitable to a system
bolstered up by law. It an enumeration were made of
the number of Northern establishments which have out-
lived the fluctuation in the amount of duties, now high
tariffs and then low tariffs, now specific and then ad
valorem duties, it would be seen how small a portion of
the capital thus invested has survived."
This is pretty nearly the history of bolstering and
protection all over the world. The capital embarked
may bring rich fruits (and even this is not always the
case) to some parties, but the effect is merely to en-
tice others into the pursuit, and almost invariably
to their ultimate impoverishment. The West India in-
terest is an example of this. Large fortunes have been
made by individuals, though in too many cases extra-
vagant expenditure has dissipated them, and now
a wholesome policy is pursued many are seriously pre-
judiced. Au unhealthy system must have an end, and
the sooner the better.
We stated yesterday what were reported to be
the terms of the arrangement between the agent
in Mexico of the Bonholders here, and the Government
of the Republic, and they were substantially .correct;
but we have now the official particulars, from the
Committee of Spanish American Bondholders. The
interest falling due between July, 1846, and July, 1859,
to be reduced to 3} per cent. per annum, and besides
the present assignments on the customs duties at Vera
Cruz and Tampico, the silver duties at the Pacific ports
and the tobacco revenue, the Government grants the
circulation duty on the precious metals on both
the Atlantic and Pacific coasts, and the export duty on
silver from ports in the Gulf of Mexico. From the
American indemnity money 4,000,000 dollars will be
appropriated, to provide for the three years' arrears of
dividend, and to be received cut of the three remaining
instalments duo from America, besides an additional
500,000 dollars as a compensation for the difference of
interest given up under the present arrangement.
If these conditions are not faithfully observed
the creditors resume their original rights,
and therefore it is manifestly the interest
of the Government to make the most strenuous exer-
tions to fulfil their engagements. In the year 1859 a
fresh arrangement will be entered into dependent on the
ability of the Republic, which may then be expected to
have recovered the effects of the American war.
The most interesting point, probably,:is the stipulation
that all moneys remitted shall be paid into the Bank of
England, and be under the joint control of a :Mexican
commissioner and the English Committee of Bondholders.
Thus all agencies and involvements with firms will be
avoided, and a large sum in commissions be saved to the
Government. Some hope appears to prevail that a por-
tion of the 4,000,000 dollars may be remitted direct from
the United States, through Messrs. Baring.
The Funds are higher to-day, the effect of the Bullish
account being over, but there is very little doing. Con-
sols 92a for Transfer, and 92i to 93 for Account. Bank
Stock is firm at 1991. The New Three and-a-Quarter
per Cents. have been 931 to 93i. Exchequer-bills are
445. to 475. premium, and India Bonds 735. to 755.
premium.
The Foreign Securities are quieter. Mexican 27i to
281, being rather worse than yesterday. Buenos Ayres
are 52k. Portuguese Four per Cents. are 29k, and
Spanish Five per Cents. 181. Dutch Two-and-a-Half
per Cents. are 53k.
Railway Shares are rather steadier, and prices have
hardened a little for Great Western, Midland, and South
Western. York and North Midland are heavy.
ONE O'OCLCK. ta.inslNG
Riqrs OF BRITISH FUNDS PRICES.
Bank Stock
3 per Cent. Reduced Arins ...... 92% is 92%
3 per Cent. Consols Annuities 92%34 9234
New 31,4 per Cent. Anus.— . 93547/85A 935,4
Long Anna to expire Jan.lß6o
Ditto, 30 years, Oct. 10, 1859
India Bonds, 1,000/. ..... 74 74
Ditto under 1,000/... ...... p p 75 73 p 73 p
Consols for Account... 92% 34 9234
Exchequer Bills I%d. & 2d.
1,000/. June 44 47 p 47 p
PRICES OF FOREIGN FUNDS oxa CLOSINt=
O'CLOCR. PRIOF.s
Austrian, 5 per Cent .. ....... 76 7514
Brazilian Bonds
Buenos Ayres Bonds, 6 per Cent 82% 52%
Equador Bonds
Grenada Boads, 1 per Cent. 17%
Mexican, 5 per Cent. 1846, with Coupons—
Ditto, Ex Coupons
Ditto, Account . 28%14 28q
Peruvian Bonds, 6 per Cents
Ditto, 4 per Cent. Active Active
Ditto Deferred
Portuguese 5 per Cents.
Ditto, 4 per Cent. 2914 291
Ditto. Account,
Russian Bonds ..... 106 107 107
Spanish 5 per Cent. 1840.
Ditto. Account 1834 1834
Venezuela Bonds, 2 per Cent 2414 25% 2514
Ditto Deferred
Dividends on the above payable in London.
Dutch 254 per Cent., 12 Guild. ... 5318 53%
Ditto. 4 ner Cent. Certificates 8134 823%
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SILARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O
Do. Preference
Amber. Nott., Boston,
and Eastern Junction 6 ......
Ayrshire and Galloway.. 71,4 —
Belfast & County Down 25
Berks & Hants Extens.
(Gt. West. Per. 5 per ct.) 6
Birmingham and Ox-
ford Junct., calls duly
paid, or with a guaran. 20
100, withoutguarantee 20
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 ..
Do. without guarantee 10
Birming.,Wolverh'pton,
and Stour Valley la 145... •..
Birkenhead, Lancashire,
and Cheshire Juno.... 20
Boston, Stamfd & Birm. 71. 4s.
Bristol and Exeter 9O ......
Ditto, Thirds 27%
Buckinghamshire ... 16/. 4s.
Caledonian
Ditto, Quarter Shares 12%
Ditto, New 101. Pref... 10
Di tto,Clydesdale Juno 50
Chester and Holyhead... 50 ...... 14
Ditto, Preference l5 ...... 12%
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 40 ..-..
Dundalk & Enniskillen 22%

5214
14%

213/4

East Anglian, 25L, L. &
E. and L. and D...... 25
Do., 181., E. & H.... 18
Do., 3/. 10s., Pref... 3% ~....
Eastern Counties........ 20 ...... 8%
Do. New, Gua. 6 per ct. 10 ...... ......
Ditto,Extension, 5 per
Cent., No. 1 61. 13s. 4d....
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern,
6 per Cent. ..... .... 50 ...... -
Ditto. 5 per Cent.... 50 - .... . .... -
Ditto, 14 Shares -
Do. New 43 — -
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 3% —
Do., Class B (I. & B.) 25
Ditto, Class C, ditto... 22%.
Do. Scrip (6 per cent.) 20
East Lancashire
Ditto, New
Ditto, New Quarters 614...... .. ...... ......
Do., 6 per Cent. Pre-
ference Quarters
East Lincolnshire
Edinburgh and Glasgow 50
Ditto, Half Shares ... 20 ..
Edinburgh and Northern 25 —
Ditto, Newport l5 .. ...
Exeter Yeovil & Dorch. 25
0 , is ......

Exeter and Exmouth... 2182- —
Glasgow, Dumfries, and
Carlisle .........8/.65...• Bd —
Glasgovr,Kilmar., & Ayr 50

8X

193 k

Do. Preference Consol. - -. ...••••• • .••
Great Northern
Do., 1/2 A Deferred ... 12%...... 33a
Do., 1,2 B 6 per Cent-. 7%. —
Do., 5 per Cent. Pref. 5 - •-••
Great South. and West.
(Ireland)
Great North of England 100 ...... _
Ditto, New, 40/
Ditto, ditto 35 - .•••
Ditto, New, 301......... 30
Ditto, New,lsl l5 .. ..
Great Western 100
Ditto, 1,4 Shares...... 50
Ditto, IA Shares
Ditto, Fifths ...... - •••••• •• .....
Ditto, New 171........ 15 ... - 9%34
Hull and Selby ...••••• 50 ...„,
Ditto, Half Shares ... 25 ......
Do. Quarter Shares... 12% __
Lancaster and Carlisle... 50
••• ••
Ditto, Thirds
Lancashire & Yorkshireloo
Do. do. M. B. & 8.... 96 „, —
Ditto, ditto
Ditto, 1,4 Shares ...... 46 .., ..
Do. Quarters .. 22%
Do. Fifths.... ........ ... 10 ~.f: , 6%
Do. Thirds . .15 ...
•••

8/8
33
3%
314

9 4

6%

Do. New Guaranteed,
6 per Cent... lO ......... I2M
Do. Liverp. and Bury 46 ...
... -

Ditto (Huddersfield.
and Sheff.)
Do. (W. Biding Union), 9
Do. (Preston & Wyce) 25
Do. % Shares (A).— 10 ......
Leeds and Bradford 5O -
Leeds and Thirsk ...... . 60
Ditto, New ..... ........• 50
Do.. Prefer., 6 per Ct. 3ti —
Do., Pref. Quar.,lB IS 9
Liverpool, Crosby and.
Southport. . 10
London &81ackwa11...... .1214 3% 3%
London, Brighton, and
South C0a5t........ 50 ......
Do. Guarant. 5 per ct.. 9
Do. Prefer. 5 per cent. 50
Ditto, ditto.-- 1852 50 .. ...
Ditto, New 51., guar.
6 per cent.
Londonand Greenwich 12/15s 4d...
Ditto, Preference .. . 20
London and N. Western 100 129% 1291%
Ditto, New Quarters.. 12 •••••• 1446 14%
Ditto, Fift ~ ..... ...... 2 ... .. 61/234 6%
Do. 401.Shares(L.M.) 30 —
Da. 101. (M. & B.) C. 1 ......

Lowi. &S.yv < stern 50 ..... 3334 ......... 3334
Ditto, New 50/.

Do. New 401. 34—
Ditto, Thirds 161.135.4d.... 5% dis. ...... ... 51/a dis,
Do., New Scrip, 1848,
Pref. 7 per Cent. on
Deposit.; and 5 per
Cent. on Calls
Londonderry&Coleraine 25 ...... „,..... —
Do. % Shares ... 3:5/4
Londonderry and Ennis-
killen 25 ...... —. •••
Do. % Shares 5 ......
Illanchtwtor,ituxton,and

--__ ,
Mat10ck.,.... ....... .. 5
Manchester, Sheffield,
and Lincolnshire —.IOO
Do. Quarters (No. 1) 23
Ditto ditto (No. 2)... 25
D 0.% Shares (No. 3) 121/2
Do. New 101. Pref lO .....
Ditto, Gt. Grimsby ... 50
Ditto ditto .. ...—.... 19 ......
Ditto ditto
Ditto Sheffield and

Lincolnshire ....:•... 221iQ• •••
Do., Grimsby Dock... 25
Do., Manchester and
Lincoln Union..... 4/. 2s. — ...
Midland
Do. Consolidated Pref.loo

Do., do., 501..Sharea 30 ... 15%
Do. Birm., and Derby 100 —
Do. Consol. Bristol and
Birming., 6 per ct,....100 -
Ditto,Brist. & Glocstr. 40 ......
Ditto ditto .... .181.128.6 d....
Do.,ErewashVal.,Pref. 5U
Ditto, Leicest.& Swan-
nington, 8 per ct. guar. WO —
Midland Great Western

Irish 47% .....
Middiesbro' and Redcar,
6 per cent. guar
Newcastle and Carhsle.loo

Do. Quarters
Newmarket
Do. Extension
Newport, Abergavenny,
and Hereford ....
Newry and Enniskillen 7
Newry, Warrenpoint,

and itostrevor -
Norfolk .......... ......... —lOO
D 6. New 201. ... l5
Do. Guaranteed 5 p et. 20
Do. Guaranteed 51,4ipe. 5
Do. Lowestoft(4 per ct) 20
Ditto (6 per et.)

Do. do. Waveney Val. 2 ......
Northern Counties Union 4 ......
North British ..-.... ... 25
Ditto, Halves ..
Ditto, Quarters

Ditto, Thirds ........ 814 .. .. .....
Ditto Preference 3% .— .... —
North Staffordshire ... 171/2 11543...... ........ 11%
North Wales
North-Western . 13%
Oxford, Worcester, and
Wolverhampton
Reading, Guildford, and
Reigate ls
Royston and Hitchin ... 4%..... .... .....
Scottish Central
Scottish Midland

Ditto, New
Shrewsbury,and Bins ll
Ditto ditto. Class B. 7

Ditto, New Guaranteed 8 - 0, —
Shrewsbury and Ilerefd. 3 ......
Shrewsbury & Cheater
(Nor. W. Min.)
Ditto Halves ... ditto 9
Ditto Oswestry ...... 186 -
-

Ditto New

"Do. 8 per Cent. PreL 10
Shropshire Union
south Devon 50
Do. Preference
South Staffordshire B%
South Eastern
Do., No. 1
Do., N 0.2.
Do., No. 3 :».......... 30
Do., Registered No. 4 10
Do., Scrip No 4
South Wales
South Yorkshire, Don-
caster,and Groole lO
Sheffield, Rotherham, &

Goole (N. Div.) Gua-
ranteeds per cent. ... 14% ••• ****** ••••.

Do. do (Sou. Div.) ••• 5 ••• gee ........
Swans. & Loughor & Ca- _

meron's Stni. C0a1.... 7
raw Vale Extension ... 8 - ••• •• —
names Haven Dock

and Railway ..... ... 17%......
Vale of Neath ..... 8
Waterford and Kilkenny 20
Waterford and Limerick 47%
Waterfd,Wxfrd,Wicklw _

- and Dublin 3 .... .-- .. —
Wear Valley 6 per Cent. _

Guaranteed ... ... ..... 60 ......
Do. do. do. ... 25
Do. do. do. ... 15 .. ... ..... ... , —
West Cornwall ... 6 ..- -
vnitehaven & Furness 16
Windsor, Staines, and
South Western..... ... 12 -
W ilts,Somerset,& Wey-
mouth 45
York, Newcastle, and
Berwick. .... ..
Do. Newcastle Eaten, 20 ...... 13% ..... ... 13►%
Do. G.N.E.Preference 8 ... ..
Do. Hartlepool Dock
and Railway 100 ...... ..... ....... ...
York and North Midland 50 ...... 2814%14 ...... ... 2814
Ditto, Preference