The Sun.
London, England, 1849-05-29 00:00:00

HARMER V. STEEL,

was au a; psl ;ruin the Co of
The action was an assurnpit'upon a bill of exchange for
200/., drawn and endorsed by the plaintiff, and accf.pted
by the defendant.
The emu' JUSTICE delivered ju7.ginent, reversivg
the juagraent of the Court below upon the 1:21t plea, and
ordeiing it to bo entered for the defendant.

3IOLTON AND WIFE V. CAME.OU X.
This was an appeal from the (14.esion of the Court of
Ex::hequer. The plaintiff was the administrator of
Thomas Lea, deceased, and the defenden, Mr. Cam-
roux, was the secretary of the National Loan Fend and
Life Assurance Society. During the year 1843 the de-
ceased completed an arrangement with this society for
the purchase of an annuity, and on the payment of cer-
tain sums the terms of the agreement were finally
effected. Lea, in the course of the following year, died
intestate, and an acti.)n was commenced by the plain-
tiff; the
,jury found that at the time the annuity 1%119
granted Lea was a lunatic, and that he was com..equentlY
of unseund mind. The question argut d in error Nag
whether or not the lunatic could make such a proposition
to the society, and if be could, whether such an act
would not be rendered void by the statute which govern*
annuith s. _ .

Mr. Justice PATTESON gave judgment in favour of the
society, and the validity of the agreement entered into by
the deceased.

SITTINGS IN ERROR.—The Court appointed Sittings
La Error in the Queen's Bench on the lath June and
two following days, and in the Exchequer on the 16Lh,
18th, and 19th of June.

BANKRUPTCY.-(THIS DAY.)
(Before Mr. Commissioner SHEPHERD
IN RE BEADLE.-DISCHARGE FROM CUSTUDY.
This bankrupt, who was committed to Newgate last
week for not satisfactorily answering questions as to ti
sum. of 190/, was brought up at his own request, to be
re-examined on the point, and having given up the
money, he was now discharged.

MONEY and COMMERCIAL NEWS,
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday amounted
to 6,000 bale:, of which 1,000 American were for export..
The markets remained quiet, and prices without altera-
tion. The sales included 5,000 American at 3Ad. to 6d.e.
200 Yemeni and Maranham at 411 to sid., 150 Bahia,
at 41c1 to 5d., 300 Surat at 31d. to 31d., and 300 Sea.
Island at 82d. per lb.—ln Railway Shares very little.
business was done, and prices continued to decline. The,
market closed heavily.
The Colonial Markets are not very brisk, the Whitson!
holidays restricting business for a day or two. The'
public sales of Wool have been brought to a close, and
February rates have been confirmed. The quantity sold-
is 23,855 bales.
The private accounts from the United States and
Canada were delivered yesterday. They confirm what;
we stated as to the general tenour of the commercial
news, which is decidedly favourable. Upon the subject
of the Cotton crop Mr. T. J. Stewart writes from New'
York as follows:
" We have continued to hear steadily of the breadth'
of the injury by the frost, before noticed, on such cotton
as was up, which is not considered to exceed thirty pet'
cent. of the amount planted, since which favourable mint,
have occurred with a very beneficial effect, and has con"
sequently rendered a general replanting unnecessary;
the chief cause for alarm now is the continued low teas.
perature, which has prevailed so long that the plant 0,
nearly a month behind its usual position, and Wi I'
render its appearance, from time to time, up to the usu IA
date of flowering, an object of much interest."
An opinion is hazarded by the editor of the Ness!
York Herald, that the rates of exchange on England had'
been forced up as they were a few weeks since forced'
down, and that sterling bills were about two per coil,
higher than they should he, and would in a few weeks b!0
as low as at any time this season, so as to induce ant"'
thee importation of specie.
In the Montreal Brokers' Circular, as it is called, tl le'
falling off in the amount of exports, is accounted for L if
the fact that in 1817 the export were swelled by Floe 3,
ground in bond for exportation from United State:. I
Wheat,whilst in 1848 the quantity to exported was much'.
less, and that the high prices of 1847 induced farmers ta'
bring every bushel to market which they could spat !e4
thereby leaving less in their hands to be disposed of V'
1848. The quantity of United States Wheat ground i'll
tho manner alluded to, for exportation in 1847, V. 1116
533,465 bushels, and in 1848 only 127,955 bushels.
od
From the table of " Exports from Canada lay joie
~.
ports during 1848," it is shown that between produ of
and live stock these exports reached the large sum °
700,0001.
The average price of Flour in each year, from 1f '42
to 1848, both inclusive, was 255. 7d., 255. 2d., 275. 1 ~t 7;
265. 2iti., 30s. 5d., and 265. 3d. currency. The freig L.';
for the same period were, to Liverpool, 3s. 5e1., 43. C '''
4s. 81d., ss. 2d., ss. 4d., and 4s. 2d. sterling.
The total value of Canada imports for—
Goods paying specific duties, 1847 ... .C 1,082,9 Irs
Ditto, 1848 ••• ••• ••• ••• 892,9 1,,
Ditto, paying ad valorem do., 1847 ... 2,712,9 lvw
2,065,8 $I)
Ditto ... ditto, 1848 ... ... is
Alluding to the tables of prices of Bank Stocks, i ‘,O
shown how greatly the monetary institutions of the
colony have been affected by the depressed state of ti,
trade and commerce of the country, and as an illus ts`
tion, the prices of 1846 are contrasted with the curs 'ellt
rates:—" In 1846, and for some years previous, the
stocks of nearly every Canadian bank stood at or al I°,/.
~-
par. That of Montreal, for instance, was as high a: ; 11'
per cent."
In the continental accounts there seems to be soars
any news of interest upon monetary or merest
matters, At Amsterdam the Dutch funds were ate
and French had been in request, as also Spanish T 1
per Cents.
The amount of business doing inPublic Securities c
tinues very rbstricted,notwithstanding the admitted ab
dance of unemployed capital, and there is a pause am
the speculators, in which the public seem
concur. Last week there were a few money purcha
and it is not improbable from the increased depc
with the savings banks, that the Commissioners I
shortly have renewed purchases to make. Rail'
Shares being temporarily out of favour likewise, tl A
is scarcely any investment but the Funds, and sh( It,
political affairs brighten a little, the result, do r
less, would be rather a decided rise. ( ',°„l
sole have been done at 91 and 91i for Tran 11,76
and at 91i to i for Account. The New Three-an 0 e
Quarter per Cents. have been 901 to i, and the TI 31.9:i
per Cents. 891 to /. Bank Stock is worth 1931 to Iv.
and South Sea Stock has been at 1001 to 1001. Ex °do
quer Bills have been marked 458. to 485., and I n
Bonds 695. to 71e. premium.
el There is no increase of business in the Fot eOO
Market, and prices rule heavy. Mexican ex•Cou Pilot
have been 27k to ie and with them 291 4. Equ Poe
Bonds are 3:1, and Grenada Deferred, 31. Re /s„er
Stock is worth 101, and Dutch Two-and-a-Halt ' ri.
Cents. are 49. Spanish Three per Cents. about 321 rest,
Railway Shares are flat, mainly from paucity of t To
ings, but generally yesterday's prices are current.
French lines are scarcely so good. 111
oNE CLO: 0
~tit'Es OF Emma SUNI)S O'CLOCK. FR )4!,6
Bank Stock
3 ~or Cent. Reduced Anne
3 per Cent. Consols Annuities 9o,i %91 9114 054
N,14/ 314 per Cent. Arms.— . 90%3/11/2 • 85i
L mgAnns. to expireJan.lB6o -16 85,8 i P
India Bondi', 1,0004
Ditto under 1,0001...
South Sea Stock
Consols for Account
teachequer Bills.
ce3C3ALOCH.
tehn. & 2d. y! II
..- 1,0001. June 4B 45 p 4' a ?
i ku '
Ditto Advertised 43 46 p
,i.l
PRICES OF FOREIGN FUNDS ONE MOP 110
es,dl per Cent. ri u
Oi
ciEmgriniatiadetdooaaiirD,Bßesofoennrcis:
1,4
per Cent. 184 F, with Coup3olts 29% 0
Ditto, Ex Coupons '' ... 271/2% 171/4
04
Ditto, Account .... 2-7:-14 101
Russian Bonds ... 101 16c
Spanish 5 per Cent. 1840. ............ 3171`
Ditto 3 Der Cent....
Dividends on the above payable in London. e 49,
Dutch 2% per Cent., 12 Guild 49 75'241
Ditto, 4 per Cent. Certificates 75tii
y le
PRICES OF BUSINESS DONE CL. se;-'
PAID. le
RAILWAY SHARES. AT ONE O'CLOCK. PR 1/
Amber_
zn Easterni s T
Cie to tu.
n,
tjßyuoDns
ctootwinon, n 50
18
liAlkehnialetnt:da:
Do. Preference
Ayrshire and Galloway ..e.
....,
Berks & Hants Extens. ....•
(Gt. West. Per. 5 per et.) 5 ......
Birmingham and Ox-
ford Junct., calls duly .
paid, or with a guaran. 20
.••
Do, withoutguarantee 20 . ...
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .....
Do. withoutguarantce 10
Bi ming.,Wolverh'pton,
and Stour Valley 131, 148... 103/4 1/2
Birkenhead, Lancashire, 207461; ... .........
.....-741/4:....1.":".1.1......:
...
............
and Cheshire June.... 10
Boston, Stamfel &,Birm. 5
Bristol and Exeter 9O ...... 60 ..... ... ......
Ditto, Thirds
•••
iluckinghamshire ... 161. 4s.
Caledonian
Do. Quarters - ......
( IDo. New 101. Pref...., 10 ...a ll sem
Ditto,Clydesdale June 50
Chester and Holyhead... 50
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan, •••
4 per Cent.
_ __

self
'silo
Oft
wee

61
117*4,,
34

I`27'

Direct London & Ports-
mouth
Dublin and Belfast June. 371,E ......
Dundalk & Enniskillen 221/
East Anglia, 251., L. &
E. and L. and D...... 25
Do., 18/., E. 18
Do., 31. 10s.
astern Counties.... 20 ......
Do. New Guaranteed
6 per Cent .
Ditto, Extension,s per
Cent., No. 1 61.135. 4d.... ......
Ditto ditto, No. 2 61. 13s. 4d...
Do. North. & Eastern,
6 per Cent.
5 per Cent 5O
Ditto, m Shares
Do. New
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 3 EX.

Do., Class 13 (I. & B.) 22 ix; —
Ditto, Class C, ditto... 22%.....
Do. Scrip (6 percent.) 20

A.

North Staffordshire l7 in l2l/4..

JOINT STOCK BANKS.
Australasia____
40 - ..... •••••
13ritishNorth American 50
ColonialN 25
Commercial of London 20
Loudon Joint 5t0ck...... 10
London & Westminster. 20
National Prov, England. 35
•• ••••••••
Ditto New. ..... -.... 10
National of Irelaud
... 22%
.....• •••• ......
Provincial of Ireland... 25
Ditto,New ...... .• ..... 10

Australian MINES.
3
United blezicall 28% 2% ........,

Ditto (C. & E.) guar.
5 per cent..... 2/4 ... -
East Lancashire
Ditto, New - • .......-
1 Ditto, New Quarters 614...•.. -
Do., 6 per Cent. Pre-
ference Quarters - •• ••
E Ist Lincolnshire ...... 25 -
Edinburgh and Glasgow 50 - •••••• •••• -
Ditto, Half Shares ... 20 .. .• - •••
Ed inbargn and Northern 25 -
Ditto, Newport l5 .. ... -
Exeter,Yeovil, & porch. 23/8 -••-
Exeter and Exmouth-. 21s. -
61ugow, Dumfries, and
Carlisle ....... • -8/.65. 8d.... - •••
Ulasgow,Kilmar., & Ayr 50 - ......
Do. Preference Consol. -
Great Northern - •••... .........
Do., 's., A Deferred ... 121 ••• ••• - ••• •• • ........
Po., 1/2 B 6 per Cent- 712 •
Do. Extension 2% ...... 1
Great South. and West.
(Ireland) - ... - ........
Great North of England 100 ...... -
Ditto, New, 401 4O -
Ditto, ditto 35 - ••• .....
Ditto, Now, 301 3O -
Ditto. New ,15/ l4 .. .. - ....»•.......
Great Western 100
Ditto, 1,4 Shares 5O -
Ditto, k Shares
Ditto, Fifth 5............ 25 - •••• ...... •••••
Ditto, New 171_ -.. 15 ...
liull and Selby .. ...... 50 - •
Ditto, Half Shares ... 25 ...... -
Ditto Quarter Shares 121,4 ......
Lancaster and Carlisle... 50 ...... -
Ditto, Thirds -
Lancashire & Yorkshire 93 -
Ditto, ditto
Ditto, % Shares
Do• Quarter Shares l7l/2 -
Do. Fifths... lO -
Do. Sixteenths 6/4 -
Do. Thirds ..-... ..... .. 15 - •••
Do. New, Gua. 6 per ct. 10 ...... - ...•••
Do. Livern. and Bury 46 ...... -
Ditto (lauddersfield
end Shoff.
Do.(Wakefiel) d,Ponte-
tract, and Goole) ... 50 -
Do. (W. Riding Union) 9 •• ••• -
Do. (Preston & Wyre) 25 -
Do. % Shares (A)... 9% -
Leeds and Bradfor - ...... .. ••••••
Leeds and Thirdsk ...... 50 - •••••••• ......
Ditto, Now . - 45
Do., Prefer., 6 per Ct. 314 .-
Do., Pref. Quar.,lBlB 8 . -
Liverpool, Crosby and
Southport S -• ».-
London &Blackwell l2 'A - - "
London, Brighton, Mt
South C0a5t......... 50 ..... 3536 ... .-....
Do. Guarant. 5 per et.. 9 •••••• -
Do. Pref.'s per cent.... 50 .. ... -
•
Ditto, ditto 1852 50 -
Ditto, New 51., guar.
III•
6 per cent. - 5 -
London and Greenwich 12/15s 4d... - -
Ditto, Preference .. . 20
London and N. Western 100 12412 124
Ditto, New Quarters.. 7
Ditto, Fifths ..... .. .. 2 ......
Do. 40/.Shares(L. AL ) :.0 -
Do. 102. (M. & B.) C. 1 ..... -
Lena. &S. Western 5O ...... 31 3412 .........
Do. New 50/. ...
Do. New 401. - -
Ditto, Thirds 161.135.4d.... -
Do., New Scrip, 1848,
Pref. 7 per Cent. on
Deposit, and 5 per
Cent. en Calls 5 -
Londonderry, &Coleraine 30 . - ~.•••••• ........ -
Londonderry and Enns-
killen 3l I,i ...... i.-- -
klanchester,Buxton,and
Matlock 4% -
Blanchester, Sheffield,
and Lincolnshire...loo -
Do. Quarters (No. 1) 18 - ••• -
Ditto ditto (No. 2)... 25 - -
• D 0.% Shares (No. 3) 1214 - - -
Ditto, New 10/. Prof... 10 -
Ditto, Gt. Grimsby ... 59 -
' Ditto ditto . ... - -... 17 ••••••-•
Ditto ditto -
. -
Ditto Sheffield and
Lincolnshire 2O . ... -
120., Grimsby Dock... 25 -
1-10. Blanchester and
Lincoln Union.. .... 41.25. -
Midland
..... 100 .... .. 66 661/2 ...
Do.is Consolidated Pref.loo -
ucle do., 501. Shares .. 25 ... .. 13 12% 13%
Do. Birm., and Derby 100
Do.Consol. Bristol and
Birming., 6 per ct.... 100 -
Ditto, Brist. & Glocstr. 40 -
Ditto ditto ......18/.125.6d.... ---••• ........ •••
DoeErewashVal.,Pref. 50 -
Ditto, Leieest.& Swan-
,...nington, 8 per ct.guar.loo -
aliddlesbro' and Redcar,
6 Per cent. guar. -
Midland Great Western
Irish 471/2 ...... - ..• ..... ..• ..•
Newcastle and Carlisle OO ~ -
N
Do. Quarters 25 ....- -
11 awmark et'
Do. Extension ...... ...2/. 12s -
"wrlort, Abergavenny,
and Hereford 6 ••.••• ---
Newand Enniskillen 7 -
rIL Wirienpoint,
Norfolk
Rostrevor 2O - .. ........ •••••
morfolk ....••••..•• 100
Do. New 201- . l5
Do. Guaranteed 5 pct. 20
Do. Guaranteed 51,pe. 5
Do.Lewestott (4 per ct ) 20
Ditto (6 per et.) ..... 13 - ...... •••••• -
Do. do. Wavenay Val. 2 ...... -
Northern Counties Union 4 ...... - ......... ......
North British ... .... ... 25 , - ... ..... ,
Ditto, Halves .• - .. .
Ditto, Quarters -
Ditto, Thirds .... -.. 8/4 .. - .....,
Ditto Preference

10IA

Its

761

-
164

10%

35%

_
VA VI

67 I,i

-
13,A3

,--
13%

1
124

North Wales . ... 3i/2 —
North-Western ..... ..... 11 1a•••
Oxford, Worcester, and
Wolverhampton]
Reading, Guildford, and
~ 15
Reigate l5 .....
Royston and Hitchin ... 312 •• • •'''''' " ' ' ' ' '
Scottish Central
Scottish Midland 25
Ditto, New
Shrewsbury and Balm- ll
Ditto ditto. Class B. 7
Ditto, New Guaranteed 8
Shrewsbury and Herefd. 2 ......
Sarewsbury & Chester
(Nor. W. Min.) IS
Ditto Halves ... ditto 9 ..-.. •
Ditto Oswestry •••••• 18%2 —
Ditto New
Shro
Do. 8 per Cent. Prof. 10
pshire Union
South Devon
Do. Preference
South Staffordshire 7% —
South Eastern ... ....... . 33% 2Ol/2
Do., No. 1 2B
Do., N 0.2.
Do., No. 3 .....„ „.... 30 ••••••—
Do., Registered No. 4 10
Scrip No 4
S 'nth W ales
South Yorkshire, Don-
caster, and Goole 8
Sheffield, Rotherham, &
Goole (N. Div.) Gua-
ranteed 5 per cent. l2
Do. do (Sou. Div.)
... 5 •••'
$"
WanS. & Loughor &Ca-
meron's Stm. Coal. ... 6
Taw Vale Extension ... 8
Thames Haven Dock
and Railway l7l/2......
Vale of Neath ... ..
Waterford andKilkenny 2d . ....
Waterford and Limerick 47% — •••
Waterfd,Wxfrd,Wicklw
and Dublin
Wear Valley 6 per Cent.
Guaranteed ... ... 60
Do. do. d0.'... 25
Do. do. do. ... v,i,
'-.....
...
~...
W est Cornwall ............ 6 z..-
Whitehaven & Fu mesa 16
Windsor, Staines, and
South Western ..... ... 12 ......
Wilts, Somerset, & Wey-
mouth
York, Newcastle,, and _
Berwick. .... ............- 2,5 ...... 20 19%
_
Do. Newcastle kixten, 20 ...:....... 12p 4 .
Do. U.N. .Preference 8 s
Do. Hartlepool Doc.
.....
—i4 . ....... —l%
and Railway .. ....
30 30.-. ..31 30 1, 4 30
York and North Midland 50
Ditte, Preference ...... 10
Do. East and West Rid- 15
ing Extension ...... 25_
RAILWAYS...
FOREIO.4
Anglo Italian (late Ita-
--
lian and Austrian)...• 5 ...... ,5, ...
Boulogne and Amiens... 20 ...... o /s• ..... .. ..
Central of France (Or-
Vierz 4)1:
........ •••
Demerara 20 ...... .............. •—__
1714 - .... ~..
.... ••••
Dutch Rhenish ..... ....
3714%
......
--
....
............. .
East Indian 4%
............... Great Indian Peninsular 5
Do. Do. ... ....... 10s.
.....
Louvain a. la Sambre ..• 7% — ...............
--
......
Luxembourg
Ditto
-..
Madnd and Valentia... 2
Namur and Liege ... 20 ... -• • , ............ —9l
Northern rn of France--... 13
.•• _
Paris and Rouen . 2O ......
Paris and Strasbourg ... 10
Rouen and Havre :...... 20
Sambre and Meuse 2O ••• -
Strasbourg and Basle ... 14—
Tours and Nantes ..
T ournay, 11 •
Jurbise, Lan-
w eat, and Hasse
Ditto lt •••••• 2°
sand,rs 834 .. ...
..........___z:._: 8%

16%

4%

15
2 li

201,

197fi
12%

LLOYD'S SIIIPPING--(THIS DAY.)
LONDON, MAY 29.—Wind this day at noon, S.S.W.,
light brceza and cloudy.
OFF THE START, MAY 24.—Lieta, Staffotal, Baltimore
for Rotterdam.
DOVER ROADS, MAY 27.—Sle. Germania, New York,
after repairing.
SHIELDS, MAY 27.—Wind S.E.; 28th, E.—Sid, 26th,
Thomas Metcalfe, Madras.
Coax, MAY 26.—Sid. Oriental, Montreal.
WRITEHAVEN, MAY 27.—Wind N.W.—Arrd. British
Quk-en, Wise, Antigua.
JERSEY, MAY 25.—Sid. Highlander, Jamaica.
FALMOUTH, MAY 28.—Wind N.—Arrd. 27th, Galga,
Olano, Havannah.
PLYMOUTH, MAY 28.—Wind variable.—Sld. Panama,
Adelaide, South Australia.
DEAL, MAY 28.—Wind N.N.E: to N.—Arrd. from the
River and sailed, America, Hanschildt, San Francisco;
Mount Stewart Elphinstone, Lnrey, Moreto- Bay;
James, Scott. Shang has; Medium, Fowler, Valparaiso;
John Pink, Jones, ,St. Vincent; Cleopatra, Love, Tri-
nidad; Gibraltar, Goodburn, Dominica; Qucen of Bri-
tain, Fitzgibon. St. Lucia; Gilbert, Munro, M`Lean,
ditto; Horn, Wingate, Baltirrore.
POOLE, MAY 26.—Arrd. Frolic, Newfouadiand.
DARTMOUTH, MAY 28.—Wind W.—Sld. Hebe, Rio
Janeiro.
LIVERPOOL, MAY 28.—Wind N.N.W.—Arrd• 27th,
Madras, Sierra Leone; Gossypium, Lowthar, Callao;
Thomas Fielden, Lawsora'ditto; England, Brown, ditto;
Juno, Moran, Mobile. Ski. Marquis of Queensberry, Mi-
ramichi; England, Quebec; Young Captain, Newfound-
land; 28th, Merchant, Lake, Buenos Ayres; West Lo-
thian, Jamaica. Off port, Patrick Henry, America,
Montezuma, and Dorcas.
TRooN, MAY 27.—The Rosalind, hence for Ceylon,
has put back here from lot, 51, long. 11, with covering
board split and started, decks swept, loss of bulwarks,
rails, &c., and boats; four of the crew lost, having been
struck by a heavy sea on the 24th inst.
HULL, MAY 26.—Sid Minstrel, Quebec.

MARKET NEWS.-(THIS DAY.)

EMT rizamtst.rs.
SMITIIFIELD.—Meadow Hay, 2/ 5s to 3l 15s; Clover
ditto, 31 03 to 41 16s ; and Straw, 1/ 5s to 11 103 per
load. Supply moderately good, and trade very dull.
CUMBERLAND. Meadow Hay, 2/ 8s to 31 183 ;
Clover ditto, 31 Os to 41 15s ; and Straw, 11 7s to
1/ 12s per load. A full average supply, and a sluggish

demand.
WEITECHAPEL.—Meadow Hay, 21 5s to 3/ 18s ;
Clover ditto, 3/ Os to 4/ 17s; and Straw, 1/ 6s to 1/ lls
per load. Trade dull, at drooping prices.