The Sun.
London, England, 1849-05-01 00:00:00

ITALY.

The Sardinian Ministers have published in the Pied-
ntontese Gazette, of the 25th, a note relative to the occu-
pation of Alessandria by the Austrians. The Ministers
state that they had used all their efforts to induce Aus-
tria not to insist on that article of the armistice, but had
been unsuccessful, that power having called for its
strict fulfilment, and even gone so far as to insist that
the National Guard should be reckoned as part of the
allotted moiety of the Sardinian garrison, or, if not, that
they should he disarmed. To this, however, they had
firmly opposed themselves, and had recalled their Pleni-
potentiaries from Milan lest the execution of this article
of the armistice should have the appearance as b• ieg one
of the preliminaries of a treaty of peace. The note exhorts
the ration, and especially the people of the provinces
and towns occupied by the Austrians, to preserve order
and maintain a loyal and firm attitude, as, though de-
sirous of peace, the Government will never agree to one
except on bases honourable to the country, in which it
hopes to be aided by the intervention and good offices
of the other European powers.
The Aus.rian demands increase in their c xorbitancy.
Having secured possession of Alessandria, they now de-
mand an led, muity of 125,000,000 f. for the expenses of
the war, which could not have cost them above half that
sum; but the Austrian Treasury is bare, and nut being
able as in the last war to seindle England, our
oil and faithful ally" seeks to plunder Sardinia.
The Sardinian Plenipotentiaries, however, declared
that Sardinia cannot pay more than 60,000,00C1., aced
the conferences are suspend. d until fresh instructions
shall he received Loin Olmutz.

It is said that RADETZKY is about to take the com-
mand of the torccs besieging Venice. The Austriun
squadron was before that city on the 18th ult.

ICIL V.

It is said that positive intelligence has reached Mar-
seille4 of the NIL of Palermo. The stcamer Vectis ar-
rived at Marseilles en the 26'h, with '2OO passengcrs on
board, including MIEROSLAWS:iI, LAGAEINA, Con-
DERA, and Oasts" The Members of th.- Povisional
Government had, it was said, taken refuge in Malta, to
which island they were coEveyed under the protection
of the British flag. The venerable ltuGuito
was expected in Paris.

MONEY and CONIMURCIAL NEWS.
CITY, QUARTER TO THREE.

The silts oF CottonatLiv'erpool yesterday were cad-
mated at 7,000 bales, and comprised about 6,000 Ame-
rican, at 3p. to Cid; 200 Bahia, at 4id. to sd; 100
Egypti.in, at 64d. to 7314; 300 Surats, at 31d. to 34d;
mid 30 Sea Islands, at 9d. to 10d. per lb. The tran,:sc
tions included 600 American for export, and 1,000 on
speculation. `the market closed steadily, and Fridßy's
quotations were well maintained.—There was rather an
improved market for Railway Shares, but only a limited
business was done.

The letters and papers by the Niagara steamer were
delivered this morning in due course, and they notice
more tightness in the money market than from previous
accounts we had been led to expect. Discounts were at
10 to 12 per cent. per annum, and although the rate of
exchange had risen to a point which might to considered
to oiler of itself no great temptation, the low value of
money here compared to that current upon first-rate
security on the other side of the Atlantic, is a considera-
tion that 'rust not be left out of calculation. There is
some more of the American Indemnity money t) be
provided for, and no doubt this will be effected by an
arbitration of the exchange on Mexzco, which will be
based upon arrangements made in England. The Ame-
rican Government eras about to assist, and the treasurer
having on deposit about 2,300,000 dollars in specie, it
Was proposed that a portion should be withdrawn
by aaticipatirg the maim ity of the Mexican indcmnity
duo in June, and paying out about a million. The ad
vocates of the Sub-Treasury Bill, like those of Peel's
Act, prefer, however, that the measure should be sutfcted
to pinch all parties to the utmost extremity ere it is even
tunporatily relaxed.

The imports into New York were, for the week ending
the latest date, rather lcsa than in the corresponding
period of last year.
We mentioned, yesterday, the fact that the State of
Pennsylvania Lad stgre,d to enforce the law passed
June 12, 1840, and the followirg are the pardeulars :
Resolved,—" That, hereafter, the interest falling due
on Pennsylvania Stuck shall always be paid in sp:cie,
or its equivalent, and whenever the funds accumulated
in the treasury for the payment of interest shall Lc
of less value than specie•, it shall be lawful
for the Governor, and he is hereby required
to cause the difference in value batween such funds and
specie to be ascertained and certified to bin on the day
preceding that on which any semi-annual portion of
interest becciass due, by the auditor•general and state
treasurer, under oath of affirmation, and thereupon to
issue his warrant to the agent or banks, who may be
authorised to pay such interest on behalf of the common-
wealth, to allow such difference in value to the holder or
legal representative of the holder of any Pennsylvania
stock, or the interest due to such holder, or pay the
same in specie, it required by such holder."
The Quebec Board of Trade had completed its year
of office. In their report they make various useful sug-
gestions, and complain of the mails being sent through
the United Staten instead of overland from Halifax.
Mr. 'Bucks had given notice that ho would move the
Legislature to make provision for giving the
provincial guarantee, on certain conditions, fur the pay-
ment on tne bends of companies inc rporated fur the
construction of railways in Canada East, and alto for
rendering aid to the construction of railways of the
Halifax and Quebec railroad. The serious fire at To-
ronto tce ions. a loss of 150,0001., partly insured in
Engi nd and the United States.
The Stoik Exchange being closed to-day, as well as
the tr-n,fer-otfice at the Bank of England, we have
nothing to report ❑pon the state of the Money Mark:A,
and there is a very thin attendance of parties connected
therewith. All the stockbrokers keep holiday on the
lst of May.

LLOYD'S SHIPPING—(THIS DAY).
LONDON, MAY I.—Wind N., light breeze and fine clear
weather.

OFF WEYmounr, APRIL 39.—Lord Nelson, Gillespie,
Mauritius; Pallas, Hopkinson, Charleston for Hull.
OFF SALCOMBE, APRIL 29.—Inria, Pronk, Java for Rot-
terdam.

PtAmount, APRIL 30.—Wind S.E.—Arrd. Jubilee, Amy,
Cape Coast Castle; Alameda de Paula, de Ojiniga, liavannah
for Hamburgh ; Canopus, Buschman, Texas for Wramen ;
Nautilus steamer, Pearce, Li'bon on a cruize to intercept
vessels bound to the blockaded ports.
In the gale of the 27th, the wrecked hull of the Lark, of
Brixham, went to pieces, the remains sold yesterday.
Several Norway battens are being picked up in the Bay,
some of them marked in red letters on the ends F.X.T.

LIVERPOOL, APRIL 30.—Wind S.S.W., light.—Acrd. 30th,
Delta, Glover, Mobile; Montezuma, Rendal, Charleston ;
Harword, Harword, Charleston ; Alliance, Robinson, Lisbon ;
Gauntlet, Prestey, Buenos Ayres ; Novelty, Harrison,
Buenos Ayres; China, Pascoe, Charleston; Mortimer Living-
ston, Barstow, New York ; Asia, Hannah, Staten Island ;
Ocean Star, Williams, Boston; Spencer, Webster, Quebec;
Burrell, Foster, Quebec. The Jane, hence to Buenos Ayres,
that was on shore on the English Bank,i River Plato, has be•
ceme a wreck, only a small part of her cargo saved. The
Harriet, from Buenos Ayres to London, has vut into Monte
Video, leaky, and it was expected Would have to di. charge.
The Alceete, from Apalachicola to this port, was at Key
W,st about; he 2Gth ult., discharged, having been ashore on
Florida Reef. The Laura, Garr, hence to Mobile, was totally
wrecked below Mobile on the 2d inst.; crew and part of cargo
saved. A brig, waterlogged and abandoned, with loss of
foremast and bowsprit, was passed, April 16, latitude 41,
longitude 43, and a large ship, with loss of mainmast, the
following day, by the Rankin, arrived here. A vessel on fire,
which afterwards exploded, was seen, March 23, at night, in
latitude 35, N., longitude 71, W., by the Leander, arrived
bore, which lay to all night, burning blue lights, but not
seeing any boats in the morning, bore away.