The Sun.
London, England, 1849-08-03 00:00:00

THE DANISH BLOCKADE.

The Baltic Gazette contains the following intelli-
gence:--

" STETTIN, JULY 27.—The following notice is posted
at the Bourse:—' The undersigned Minister informs the
merchants of Stettin, in reply to the interrogation of the
19 tic of this month, that the agreement with Denmark
respecting the raising of the blockade of the German
harbour involves the condition that the combined Prus•
sian and German military force shall occupy the position
designated by Art. 111. of the convention of the armis-
tice of the 10th of this month.
" By reason of intelligence now received here, it is not
anticipated that any d fficulties will result in this respect.
In reg,f.rd to the desire expressed for the immediate ad-
mission o! the ves destined for Stettin, and which
have been lying for some time in England, Sweden, and
Denmark, and which are neutral and chiefly English ships,
the undersigned Ministers desire to observe that the
necessary steps for carrying out this desire have already

The defence put forward by the prisoner, for whom
Mr. Payne appeared, was, that he had been sent for the
fat by one Brake, a confidential servant of the prose-
cutor, who gave him the key.
The ASSISTANT-JUDGE, in summing up, observed,
that notwithstanding the good character, it was not easy
to get over the suspicious character of the fact that the
valuable contents of the barrow were concealed under
the dung.
The Jury found the prisoner Guilty, and the Judge,
giving him the benefit of his character, sentenced him
only to 14 days' imprisonment.

SURREY SESSIONS.—(THIS DAY.)
(Before THONAS BUCKLE, Lq., and a full Bench of

Magistrates.)

Daniel Kite, 16, was Indicted -for breaking into the
dwelling-house of Alexander Rodie, at Farleigh, near
Croydon, and stealing therefrom a pie, two handkerchiefs,
and a plated watch-guard.
The prosecutor deposed that on the evening of the
11th ult. he went to see a friend at a little distance from
his home, leaving his houso perfectly secure and well-
fastened; on his return at ten o'clock he found that a
shutter had been removel at the back, and that some
person had entered the house. He then discovered that
the property mentioned in the indictment had been
stolen. Information was instantly gi►en to the police,
and shortly afterwards the prisoner was apprehended.
A police constable of the P division said that he ex-
amined prosecutor's premises, and felt satisfied that
some young person had committed the robbery. Ho
made inquiries and ascertained that the prisoner had
off, red the watch-guard for sale at Croydon; consequently
he took him into custody.
In defence the prisoner said he found the things.
The jury found him guilty of stealing, and the Court
sentenced him to six months' hard labour at Guildford.

COMMISSION OF LUNACY.
(THIS DAY.)
_ .

This morning a co&rnission de lUnatico inquirendo was
opened at the Gray's Inn Coffee-house, bolero Win-
slow, Esq., to inquire into the state of mind of Charles
Dean, aged 88, a gentleman of independent property,
late of Maiden Bridge, Enfield, and now a prisoner in
Whitecross-street Prison.
Mr. Asbury, a surgeon at Enfield, stated that he had
known Mr. Dean for thirty years, and for the last twelve
months he considered his intellect very much impaired,
and he entertained a delusion that he was a poor man,
and had no property. On the 17th April he did not
know the witness, and he said he did not know what
property he had, and could not manage it. Witness
considered for the last twelve months that the mind was
failing, tut it was not till March or April that he came
to a positive conclusion that the unfortunate gentleman
was of unsound mind, from loss of memory through old
age. He saw him again in June, w hen his opinion was
confirmed. The unfortunate gentleman was then in
prison, and thought be was in an hotel. Other evidence
was adduced, and the jury returned a verdict in accor-
dance therewith.

LECTION.

.t eight o'clock on Thursday
roceeded as follows:
Pelham. Wire.
One o'clock —.330 289
Two 370 307
Three 403 316
Four 422 321
jority for Pelham...lol.

mber of electors 1,040.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sal 9s of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 1,000 were taken by
speculators and 600 for export. The transactions com-
prised 5 000 American, at 4d. to 54,1.; 200 Pernams, at
sid. to 51d.; 200 Egyptians, at 51d. to 70.; and 300
Surats, at 31d. to 41. per lb. The market closed firmly,
and without any change in prices,—Railway Shares re-
mained without alteration.
__ _

The Corn Market is dull today. Wheat is lower,
and in other articles there is no change worth noting.
The Colonial Produce Markets this week have been
heavy, and so far the monthly report of Messrs. Wilkin-
son and Jewesbury will represent fairly the state of mat-
ters during the last few days:—
" The arrivals of forcigu and colonial produce during
the past month have been very extensive, and the markets
generally have been well supplied. Dealers have, how-
ever, not shown much inclination to operate, although
prizes are loser since our last. Importers are firm at
present rates, justly considering that the continued
large deliveries from the warehouses for home con-
sumption, combined with increasing continental orders,
will not only prevent prices falling lower, but may natu-
rally be expected to lead to an improvement. The large
arrivals noticed above have caused an increase in stcck
of most of the leading articles as compared with the
same period in 1848. Dyes and dying materials (inde-
pendent of the Indigo sales) have been freely brought
forward, and the price of Cochineal has further declined.
There is no alteration to notice in the Money Market ;
but a more favourable opinion appears to exist amongst
capitalists as to future prospects, a good autumn trade
being folly anticipated."
By way of Antwerp we learn that Baron Mr tzbourg,
the Secretary of Legation, had arrived on the 29th ula
at Vienna from Milan, and was going to submit for the
ratification of the Austrisn Government the treaty of
peace concluded with Sardinia. This is later than
the information given in the Paris journals received
to-day.
The Hamburgh Mail of Tuesday advises no alteration
in the rate of exchange on London, viz,, 13 93-. Money
was easy. From Amsterdam we have a favourable
report of the Stock Market, and from France and Bel-
gium our commercial letters show an improvement.

We cannot but concur in the recommendations of
Messrs. John Railton and Son; of Manchester, who
have addressed a letter to their constituents upon the
present untoward position of the railway share market.
We ccuid add even to the force of their remarks by
many instances within our knowledge, but that such are
doubtless familiar to every one. Some of the recom-
mendations in the communication before us are of a prac-
tical nature, and, bearing upon the semi-annual meetings
which are being held this mouth, deserve attentive con-
sideration.

Messrs. Railton observe that—" Many most excellent
members may be gleaned cut of the present railway
boards, well tried and proved for their integrity and
competent talent; but it ii now a question, whether or
not the nualber at a board should nut be greatly re
ducod, and one half at least be abstracted from all other
employment, and give up their whole time to their official
duties; of course for this sacrifice they must be pro-
perly paid. Nothing short of some such arrangement
ought to satisfy the private position of individual pro-
prietors of railway stock; and they would find them-
selves the gainers by it in the end.
" With respect to the election of directors, that should
always be in the hands of the shareholders. A ceriain
portion should retire every year, and only be re-eligible
for nomination then all the remaining shareholders in
the direction have been changed, and after one clear
year has intervened. The board should not have the
power of notnivatitg candidates for direction, nor the
appropriation of proxies.
Another matter of itnpoliance we beg to notice. All
small lines should, for the sake of economy in working',
be induced, if possible, to amalgamate with the trunk
lines as early as practicable ; and, until all the works
for which Acts are already obtained, and which it may
be thought desirable to finish, are completed, no new
undertakings should be commenced.

" One great leading feature connected with the most
speedy restoration of confidence to railway property
would be—atter reducing the accounts in every way to
one uniform system—that their correctness should be
vouched for by disinterested and such competent skill as
will be satisfactory to every interest.
"In conclusion, until the large proprietors of Railway
Stock assist in promoting committees of investigation,
till every railway in the kingdom has passed the ordeal,
confidence cannot be so perfectly restored as is abso-
lutely requisite to support the value it ought to bring.
If a railway has been well managed, it will have nothing
to fear ; but, if otherwise, the sooner its real position is
known, the better for general satisfaction; and, for the
restoration of confidence, let every shareholder, on all
proper occasions, vote for the appointment of commit-
tees of investigation.
" Railway accounts must be brought to such uni-
formity of keeping as will perfectly prevent entries run-
ning into confusion. And if capital accounts should not
be closed when traffic begins to be received, no difficulty
need occur in keeping each account separate till works
are completed; for, however numerous the concerns or
undertakings, each may easily have a distinct Dr. and
Cr. of its own.