The Sun.
London, England, 1849-06-25 00:00:00

PRUSSIA.

The Berlin Official Gazette of the 20th June
announces the formation of the Council of
Administration of the new empire of Germany. It
consists of Lieutenant• General DE CANITZ, President
on the part of Prussia; M. DE ZESCHAU, Saxony ; and
M. DE WANGENIIEIM, Hanover. In addition to these,
Major-General JACOBI is appointed military commis-
sioner by Hanover ; his special duties will be to
report and communicate upon all matters connected
with the service to which he belongs. Such other
powers as may adhere to the triple alliance will be
permitted to send Plenipotentiaries individually or
collectively, according to their rank and position.

BADEN AND THE PALATINATE.
The Swabian Mercury states that a convention has
b'en entered into between the Central Power and the
French Government, by the terms of which the
latter engages to disarm all the Baden soldiers and
others who shall pass the frontiers, and to forward
them to Toulon, thence to be transported into Algeria.
The Prussian invading forces, under the command
of the Prince of PRUSSIA have crossed the Rhine.
The following bulletin, dated Graben, near Bruchsal,
June :20, was received at Frankfort on the 2lst,
from tae Prussian Head Quarters :
"This morning the advanced guard of the Prussian
troops crossed the line. During the night the insur-
gents had abandoned their advantageous position, in
cinsequence of which no engagement took place. The
enemy, likewise, evacuated Philipsburg on the arrival
of our troops. A band irf about four hundred men was
attacked and dispersed by a squadron of th© 9th Regi •
went of Hussars.

" Prince Frederick Charles of Prussia took part in
this attack, ri calved two slight wounds, one on his right
shoulder, the other on his right hand. The Prussians
lost three officers, and it is expected that several hussars
who have not joined the squadron have been kllled.
" This morning the entire corps d'armee of General
Kerchsfeld crossed the Rhine.

" The insurgents have occupied the line of the
Necker. It is said that a considerable body of troops
are concentrated near Bruchsal."

AUSTRIA AM) HUNGARY.

The Vienna Gazette of the 18th announces that
JELLACUICII was bombarding Peterwardein.
On the 15th the Emperor of RUSSIA reviewed his
troops at Duckla, and afterwards left for Lowicz, on
his way to Kalisch.
The Cologne Gazette says that the CZAR suddenly
left the camp at Duckla at the urgent solicitation of
Prince PASKEWITSCH, who had great difficulty in
keeping under an insurrection among the troops. It
was expected that the EMPEROR would come to
Vienna and Presburg from Duckla.

It is rumoured that Marshal REISCHAD defeated a
body of llonveds on the 17th, and captured 8 guns
and 1,000 prisoners.
News was received at Bruck on the 17th, that a
considerable force of the Magyars were leaving the
neighbourhood of Oedemburg, with the supposed
intention of marching on Vienna. A brigade of the
Russian General POISTAN forthwith set out to watch
them. Altenburgh is again in the hands of the
Magyars, who occupy all the country, from the
Danube to the lake of Neusiedel and to Friedberg.
General SCHLICK has failed in his operations against
Weiselbourg; and the Hungarians captured fourteen
of his guns ; 90,000 more Russian troops are waited
for before taking the offensive; but it is also said
the attack will commence on the 21st instant. The
Magyars have evacuated Panscowa. All the Hun-
garians of the Banat Lave marched to meet the
Russians.

Accounts from Prague confirm the report of the
defeat of the combined Russian and Austrian armies
on the banks of the Wang by the Hungarians under
GEORGIC.

JELLACHICII took Perterwardein on the 19th,
but was compelled to evacuate it the next day by the
fire from the citadel.

ITALY.

The intelligence from Rome is to the 19th, at
which date the city still held out.
The Osservatore Triestino, of the 15th, gives the
following intelligence from Ancona :—" All the po-
sitions outside Ancona, within one hundred paces
from the citadel, are occupied by the Imperial and
Royal troops. After having cut off several aqueducts
that lead to the town, it experiences great distress
from want of water and provisions. It is said, how-
ever, that the citadel is sufficiently provided with
provisions and stores. ZAMBECCARI, the commandant,
has threatened to bombard the town in case it in-
tended to yield. On the 12th the garrison of Ancona
made a sally with about 1,000 men, but was repulsed
by the battalion Hohenlohe at the point of the bayonet
without firing a shot. In this affair the above
battalion had a loss of five dead and seventeen
wounded ; that of the enemy must have been at
least double."
The Risorgimento of Turin says that on the 17th
Ancona was reduced to its last extremity. Whoever
speaks of surrender is punishable with death.
Letters from Bologna, of the 16th, state that a
deputation of some of the principal residents in that
city has been nominated to proceed to Gaeta forthwith
to invite the POPE to come to Bologna and take up
his residence there, the deputation being empowered
to insure his holiness that he will be warmly received
by the inhabitants. The deputation is composed of
MM. ZANOLINI, the mayor of the city, MARSIGLI, and
ZUCCHINI, councillors.
The Genoa Gazette has the following from Venice,

14th inst. :—" After several attacks -made by the
enemy on the side of Brondolo and Chioggia, and a
fierce cannonade on the bridge of the Lagoon, for
the purpose of demolishing our works of defence, the
Austrians have this morning disappeared, and are to
be seen neither at Chioggia nor at Brondolo. A few
troops were seen marching towards Compalto. This
is said to be owing to the intelligence officially re-
ceived, that about 30,000 Hungarians were marching
towards the Isonzo, and were expected at Fiume,
Udine, and Trieste. The Austrians are therefore hasten-
ing to encamp on the banks of the Isonzo to oppose
the Hungarians. MANIN published this intelligence
to the people from the palace, and read a letter from
KOSSUTH, in which the latter excited the Venetians
to resist, and promised them a prompt relief. Venice
is now unblocked by land, and overcome with joy.
An illumination is preparing for this evening."
The Piedmontese Gazette states, from Venice, that
complete tranquillity reigned in that city, that the
Fete Dieu had been celebrated with great solemnity
and even magnificence, and that his Eminence
Cardinal Moacio had blessed the soldiers and the
people.
The Risorgimento of Turin of the 19th states that
on the 16th, at 3 r.as, two Austrian officers arrived
at Alessandria from Novara with a dispatch for General
DEGENFELD. The General, who was at table, opened
the dispatch, and was 'observed to change colour,
and give signs of the profoundest surprise. Ho im-
mediately called upon General SONNAZ, and the latter
upon the Intendant. At 8 P.M. orders were given to
the whole Austrian garrison to hold itself in readiness
to depart. On the 17th, all the Austrian officers
proceeded with their General to take leave of General
DE SONNAZ. At 4 A.M. all the posts of the citadel had
been given up by the Austrians. The Genoa Gazette
confirms all these statements.
The Opinione of Turin, of the 18th, states the
following to be the conditions agreed to between
Austria and Piedmont :—Sixty millions of francs for
indemnity to Austria ; the immediate evacuation of
the invaded Piedmontese provinces, and a provisional
Piedmontese garrison in the duchies of Parma and
Piacenza. King CHARLES ALBERT has been advised
to visit Madeira for his health. Prince CARIGNAN
was to set out in a day or two fur Oporto. General
DABORMIDA and Cheva'ier BUONCOMPAGNI have left
Turin for Milan to sign the articles of peace.
The Riforma of Lucca, of the 15th, states that
there are still 10,000 Austrians at Florence. A
regiment of Hungarians had been suddenly sent to
Pistora.

EGYPT.
Letters from Alexandria state that MEIIEMET ALI
was at the point of death.

TURKEY.

Accounts from Constantinople of the 6th announce
the arrival of a Hungarian ambassador. The Rus-
sian Minister was still negotiating for the passage of
Russian troops through Servia, to which the Porte
would not assent.
SHAbiILL has succeeded expelling the Russians
from leverAl of the CircAssissn provinces.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool on Saturday was
firm, and prices were well supported for all descriptions.
—Shares were in good request generally.
The Corn Market is rising to-day. Compared with
Monday last Wheat is Is. to 2s. per quarter dearer, and
other articles are firm.
The arrivals from the Continent bring no intelligence
of prominent interest. The Money Markets were firm at
most of the principal cities. At Amsterdam yesterday
there was no particular change, and the funds generally
were without alteration, the Dutch Two-and-a-Half per
Cents. being 49 15-16. From Belgium we learn that the
weather was very propitious for the crops, but that the
supplies of grain being temporarily more limited, prices
were firmer. From Germany we are informed that an
armistice between Denmark and Prussia was considered
highly probable.
The advices by the steamer Niagara from the United
States are satisfactory in respect to mercantile and poli-
tical affairs, but there appears to be nothing of later
date from California. Tue Money Market was easy. It
would appear that some of the American Railroad Com-
panies have, like the English lines, been extended too
much, and consequently placed in financial difficulties.
Adverting to this subject a New York writer observes—
" These expenditures will use up the whole of the
increase of capital. The railroad companies of New
England are rapidly increasing their capitals, and adding
largely to the cost of construction. Unfortunately their
receipts, or earnings, do not increase in a corresponding
ratio, and the prospect of better dividends is by no means
promising. The cost of some of the railroads in New
England has been double within the past five years, and
the greatest extravagance has been exhibited in
some of the expenditures. The building of magnificent
depots has added largely to the capitals of several
companies ; and if the increase of roads creates
a greater competion, and reduces the income of all, we
think railroad property in New England has seen its
best days." Strange does it seem that in different parts
of the world like errors should be committed, and that
shareholders themselves, equally with directors, should
be inclined to think that such policy was ad viseable.
The companies ;have a good income, and the idea has
been that there would be no limit to their prosperity.
From Birmingham we aro to-day advised, concerning
the state of the Iron trade, as follows
" We have no improvement to report at present in
this trade. The scanty orders wrung from manufac-
turers of hardware articles, by the impossibility of pro-
ducing goods without materials, have sufficed to keep in
partial employment some of the most needy of our
works, from which they have been supplied at very ca-
pricious prices; but there exists an evident determina-
tion not to purchase, except from day to day, for
absolute consumption, the result of the late vacil-
lating proceedings of the trade. Orders were so-
licited, and in many instances secured, at the
last quarterly meetings, under assurances that the
advanced quotations would be inevitably maintained
throughout the quarter, and purchasers' having bought
their customary quantities under such a delusion, feel
that they have a right to complain. There has also
been some inquiry for a few small parcels on account of
foreign shipments; but it appears probable that the
Welsh houses will eventually supply them. Unless a
Material amendment in the demand should speedily take
place here of which no prospect yet presents itself a
large portion both of our works and population will be
out of employment. It is rumoured that notices
have been given at several large works, in
various parts of the districts, that they will be put to
stand for one or two months, according to circum-
stances, and that such notices expire in the course of
next week. Preparations are also being made for blow-
ing out several other blast furnaces, a step that can
scarcely be avoided where the produce is direct for sale,
and materials have chiefly to be purchased at the present
prices.
" The accounts from the Principality are of the same
gloomy description, and we are informed that the largest
work in that district has scarcely twenty-four
hours' orders on band. In Scotch, pigs little
is doing, except making to stock, the price
being within one shilling per ton of the minimum at
which they can be produced, exclusive of profit, under
the most favourable circumstances, and with the lowest
rates of wages ever given.
"As far as the Parliamentary return of exports
affords a criterion for judging of the .position of the
trade, it is by no means in so promising a condition as at
the relative period of last year. In the monthly ac-
counts lately published, we find that the exports
of iron and steel for May, 1848, reached
about 484,0001., white the corresponding month
in the previous year only produced 436,0001.,
being nearly ten per cent. less. A decided declension
also is apparent between the last two months ; the total
amount of April being 454,0001., while in May it is only
436,0001, as before stated. Under these circumstances,
it is doubted by some, whether, with the general de-
pression at home, present prices will be upheld. The
statements put forth in some quarters that Staffordshire
pigs already range from 50s. to 555. per ton, and that
bars and rods are to be bought generally at 40s. less than
at last quarter-day, are, however, as incorrect as they
are mischievous."
The Stock Market is exceedingly quiet this morning,
but supports the advanced prices of Saturday, Consols
being 911 The New Three-and-a-Quarter per
Cents. have been 921 1, and the Three per Cent. An-
nuities 924 1. Bank Stock is worth 195. The unfunded
debt continues at 425. to 455. premium.
Moro nativity has prevailed in the Pereign Market.
and prices are buoyant. Late accounts have been received
from Lisbon, and the resignation of the Ministry has made
the market rather uncertain here for Portuguese Bonds,
but there is usually so little doing in this security that
the price is almost nominal at 2841 to If the new
Cabinet should prove more liberal, as is reported, there
would be something gained; but how the finances are to
be bettered is the more important question. Spanish
Three per Cents. have been quoted 33k to 344.
Mexican Bonds have been 30i to 30k, with the
coupons, and 284 to without. Peruvian have
ranged from 50f to 512.. Dutch Two- and-
a-Half per Cents. have been 50i to 51; Belgian
Four-and-a-Half per Cents. 811 to i; and French
Five per Cents. 86 37i with the exchange at 25 45.
Buenos .Ayres are again in favour with the speculators
who pretend that England has to pay over some amount
to Roses. The quotations have been up to 41i and 42.
Railway Shares'are improving to-day, and although
the purchases made have not been extensive, they are
at higher prices in most instances. Caledonians have
touched 264 and 27k; Brighton 374, and North-Western
130 to Midland are 69k, Great Western Half 38,
North Stafford 13, Oxford and Wolverhampton 18,
South-Eastern N 0.4, 6*, York and Berwick 21*, and York
and North Midland, 33k. French Shares are neglected,
and without alteration. Boulogne and Amiens 71, and
Orleans and Bordeaux 3/.
ONE CLO`4IN
',/. .1, •lIIITIBLI kIINDS O'CLOCK. PIiVES
Bank Stock
3er Cent. Reduced Anns. ..... 9134% 915
:law 3% per Cent. Anne 92% % 9211
Long Arms. to ex.pirmJan.lB6o 8 11-16 8 11-16
Ditto, 30 years, Oct. 10. 1859
Consols for Account 91311% 91%
'Atchequer & 2d.
1,0001. June
500!. June
Small. June 42 45p
PRICES OF FOREIGN FUNDS O.ITE
O'OL3CR.
Buenos Ayres Bonds, 6 per Cent. 41% 42
Danish Bonds, 1825, 3 per Cent...
Ditto, 5 per cent. Scrip, 1849..
Ditto, Bonds
51exican, 5 per Cent.lB46, with Coupons 803%
Ditto. Account ............ .........
Ditto, Ex Coupons ...... 29%14%
Ditto, Account 28%
Peruvian Bonds, 6 per Cents
Ditto, 4 per Cent. Active 513/4 501% 511 e,
Ditto Deferred l4 1334 14%
Portuguese 5 per Cents.
Ditto, Converted, 5 per Cent 26 27
Ditto, 4 per Cent 2814 2814
Russian Bonds 1031,%
Spanish 5 per Cent. 1840..... 1634 16%
Ditto, 3 per Cent
Dividends on the above payable in London.
French Rentes, 5 per Cent.
Exchange 2sf. 45c. 25f. 45c.
Belgian 4% per Cent
Dutch 21% per Cent., 12 Guild 5041 501 A
Ditto, Account ... .............
Ditto, 4 per Cent. Certificates 77 775 77%
PIaCES OF BUSINESS DONE CLOSING
RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICES,
Bristol and Exeter 9O 65 .... ........ . 65
Caledonian
Ditto, New 101. Pref.. .10
Chester and Holyhead... 50
East Anglian, 25/., L. &
E. and L. and D...... 25
Do., 18/., E. & H.... 18
Do., 3/. 105., Pref.,. 3% ...... 134
Eastern Counties........ 20 ...... 81 % ......
Do. New Guaranteed
6 per Cent... lO .••.••
Do., Class B (I. & B.) 221% —
Exeter,Ycovil, & Dorch.
Great Northern
Great Western 100 ......
Ditto, % Shares
Ditto, 1,4 Shares 73
Ditto, Fifths ...... 20
Ditto, New 171... ..... 15 ,
Hull and Selby .... 50 ......
Ditto, Half Shares ... 25
Lancashire & Yorkshire 93 —
Do. Fifths... lO
Do. (W. Riding Union) 9 ..... 4
Do. (Preston & Wyre) 25
Liverpool, Crosby and
Southport . 4%
London, Brighton, and
South C0a5t....... 50 ...... 371%i 3714
Do.Guarant. 5 per et- 9 ...... 9 fiWt•• •
132
London and N. Western 100 ......130 130%
Ditto, New Quarters.. 7 ...... 10%
& S. Western
Do., New Scrip, 1848,
Pier. 7 per Cent. on
Deposit, and 5 per 6)6
Cent. on Calls 5 ...... 69 th
. . ..... .
........
_9%
........ ... 6
:.................10011 idlsnd .....
12%.. ........ 12%
Do., do., SOL Shares 25 •"
d Derby 100 ......

0
PRICES
42%

30%

28 i 2814
~4

Do. Birm., an, Jerby
Do.Consol. Bristol and
Binning., 6 per ct.... 100 !,— 125
North Bri,i.th ... .... ... 25 ••••••••
1:82
............. .. ......
:81
Ditto, Thirds .... .. .. 814 .. .• 3% ... - .......
Ditto Preference • 21‘ — ...
••• „
North Staffordshire ...... 171/1
......
_l3
...
...........
al
tA
...............
Oxford, Worcester, and
Wolverhampton ...... EO
Fonth Devon... ............ 50
S oil toll. , Est.& ~,0t.v.0 ........... :23:1, i
2.:
i 4 .
~
..... . ............. 1, 4
Do., Registered No. 4 10
YoDDrkoo,..
NuNe.Nwew.celaAspit3lieleEfe,
;etauenen:
208
••• .......... 12
•
Berwick.
...... 14"Ai
...« 414

3743
2i,4
131,1')

21
141,%i

Yl,'l, -ind North ic,7.;dlipind 50 ..... c3' ! 3314
Ditto, Pleferenc,
FOREIGN RAILWAYS.
Souls 4n and A Ili ens,.. Y 0 ... ~. 7'/ ...
Dutch IZlLeiikkl ......... 71,4.. .. 714. ....... .... 74
:f, Oilcans and Bordeaux.. 7