The Sun.
London, England, 1849-08-18 00:00:00

some information might be obtained from him, iuto t MONEY and COMMERCIAL- NEW 5..1
the pres,Jice of General Baas. The youth, believing CITY, QUARTER TO THREE.
his last hour had come, wept bitterly. Baas inquired Th., sales of Cotton at Liverpool yesterday were
to what corps he belonged ? The boy replied, soh- estin ated at from 8,000 to 10,000 bales. The market
bing, to the "Hurrah Forward Imperial Battalion." vv,s firm—The matket for Railway S` arcs was dull,
"My on," asked the General, " are all thy comrades and prices had a downward tendency.
like th) self ?" " Yes," answered the unhappy youth, This week over 83000 bales of cotton have been
"all." " Then," said the General, with a grim sold at Liverpool, and the advance is id. per lb.:
There is evidently no extra demand upon the Mtnk
smile, "go home to Hermannstadt, and tell thy
of England, for discount accommodation, as the weekly
mother that on the day after to-morrow I will pay
return to Saturday last shows a marked falling off in
her a visit." active circulation. Still we must not ascribe this wholly

PRUSSIA.

CAmrrteus}N has brought forward a motion in the
first Chamber, giving to the octroy6e.constitution of
the King of PRUSSIA the same authority as to the
Frankfort constitution.

DENMARK AND THE DUCHIES.
The three Commissioners to govern Schleswig
during the armistice have arrived in Flensburg on
the 12th inst. Colonel HODGES received his Danish
colleague, M. VON TILLISCH ; Count EULINBURG, the
Prussian Commissioner, arrived later in the day. It
seems that all the hotels in the town refused to give
lodgings to M. Vox Tinmscu, in consequence of
which the commission adjourned to Holnis, a smell
island near the harbour, to remain there till the
Swedish troops arrive. The Assembly in Schles-
wig was discussing the impeachment of the Mi-
nister at War, Mr. JACoDSEN, for having neglected
the recruiting and equipment of the army. The de-
bate was still going on when the last news left
Schleswig, yesterday; but we have no doubt the im-
peachment will fall to the ground, fur even the
extreme left praised the high character of M. JACOB•
SEN, who, not being a military man, has not those
capacities the present situation of the ministry
of war necessarily demands. The Danish prisoners
of war, about 1,094 men, passed through Schleswig,
on their way to the north, to be exchanged. From
Copenhagen we hear that the Schleswig-Holstein
prisoners, who had already embarked, had received
contrary orders. The merchant vessels taken by the
Danes have been liberated, and the expenses paid by
the Government.

,o the discount business, for the addition made to the
public deposits, after allowing for the withdrawal of
private balances, would nearly make up the sum. The
precious metals were larger in amount Compared with
the previous weekly statement, the following results are
exhibited :
Notes
Increase
Rest ...

27,646,875
153.070
3,312,300
1,453
4,712.703
1,073,847
9,953,425
549,909
1,117 461
11,098
14,282,877
92,000
9,551.310
19,102
Notes 8,902,720
Increase ... 650,415
Bullion 14,560,857
Increase ~, 128.050
Active Circulation •.• ••• 18 746,155
Decrease ... 497,345
Referring to the financial condition of Canada, the
Montreal Courier makes the following remarks:—
" There is no prospect that the year 1849, when its ac-
counts of?eeeipts and expenditure come to be made up.
will present a more favourable picture; our own opinion
is that it will be far worse. Under these circumstances,
we should think it will be apparent to every one that
retrenchment must be the order of the day, and we re-
commend the opponents of the Ministry to take that
word as their cheval de bataille in the approaching
electoral strut gle. Economy and retrenchment must be
the watch-words of our party, if they would not have
that odious word, repudiation,' thundered in their
ears by a bankrupt people. There must be a
reductLn in the expenditure of every department
of the Government, from the Governor-Ge-
neral downwards. We must tell the Imperial
Government that the people of Canada, being honest
men wish to pay their debts and discharge all their ob
ligations ; they are not stingy, and have no desire to pay
a paltry salary to the individual, whoever he be, that is
sent here to represent the Sovereign, but that stern ne-
cessity compels them to bo just to themselves before they
can be generous to others, and that they really cannot
affird to pay a Governor 7,500 L per annum. We know
well that Canada, being under a quasi-monarchical form
of government, cannot justly be compared with the
United States; but still people will make the comparison.
and we know that many persons are in the
habit of drawing conclusions from what they
see in the United States, and particularly in finan-
cial matters, very disadvantageous to the existing
state of things in Canada. These people ask,
" Why should we pay a Governor 7,5001. a year, when
the good folks in the state of New York can get just as
good a one for 3,000 dollars ?' Now we do not our-
selves think that such a small sum as this would do in
Canada, where the Governor is expected to keep up a
degree of state, and exercise a hospitality not known
or required under a republican form of government;
but we do think that a very good Governor might be had
for 4,000/. a year, and a considerable saving thereby be
effected. Iu a similar ratio must the salaries of all the
heads of departments be reduced. We would not pay
one man of them more than 7501. a year, and that is, we
believe, more than twice as much as such functionaries
are paid in the United States. No one can look through
the estimates for the year without discovering that the
expenditure of this country is abora!nably extravagant,
and
Thiso i
utosfspalelapkrionpgorotuir
pitaoinitlsy, bbutincome, and wants."
t few can dispute the
size
justice of the writer's assertions.
The Continental advices state that at Amsterdam on
Thursday, public securities were firm, but with rather
less doing. The Two-and-a-Half per Cents. were
52 13-16. At Frankfort Austrian Five per Cents. were
quoted 76k, on the 14th instant ; and at Berlin the
Three-and-a-Half per Cents. were 874.
The letters from the manufacturing districts state that
there was not quite so much activity after the recent
extensive operations.
The Foreign Exchanges yesterday afternoon were
rather higher for bills on Hamburgb, Amsterdam, and
Frankfort.
The exports of the precious metals direct from Lon-
don amounted, during the week ending Thursday last,
to about 94,000 ounces of silver, and 1,015 ounces of
gold, all to the continent.
The Funds are very steady again to-day, though
quiet. Consols 9214 for Transfer, and 92i to 93
for Account ; the New Three-and-a-Quarter per
Cents. 93,1 Exchequer bills are 455. to 48s.
premium, and India bonds 755. A semi-official an-
nouncement has been made, to the effect that Messrs.
Rothschild are not negotiating an Austrian loan. A
large investment in New Three-and-a Quarter per
Cents. has been completed for the Hon. East India
Company.
The Foreign Securities are quiet, but at very full
prices. Mexican have continued at 28i Grenada
are 174 to k. Brazil Bonds are 85k. Spanish Five per
Cents. are 184 to 19. The holders of the Mexican
Coupons upon which an instalment has already
been paid are in some doubt concerning the receipt
of the residue, as, according to the now arrange-
ments 3i, not 5 per cent. is to be paid upon the arrears.
No doubt, however, the balance will be made up, as
proper representations have been made to the Mexican
Envoy here.
The Great Indian Peninsular Railway Company has
obtained very favourable terms for its line.
The Share Market looks better. Great Western are
higher, and also York and Berwick. North-Western have
improved. Caledonian fluctuate.

Increase
Public Deposits

Ine'rease ...
Other Deposits ~.

Decrease ... ..,
Seven Day And other Bills

Decrease

Government Securities

Decrease

Other Securities
Deems°

Itr,
PRICES.
92%.
923/4
94
75 p
75 p
93

oNE ;10CLCK.
PRICES OF tiRITISII FUNDS
3 Fir Cent. Reduced Ar..ns ...... 923,E lig
3 per Cent. Consols Annuities 92%53/4
N'ew 314 per Cent. Ann 5......
India Bonds, 1,0004 ...... 75 p
Ditto under 1,000/... ...... 75 p
Consols for Account 923k 93
Fxchequer Bills. I%d. & 2d.
1,000/. Juno
5001. Juno
Small. June 45 48 p
PRICES OF FOREIGN FUNDS ONE
O'CLOCK.
Brazilian Bonds
Buenos Ayres Bonds, 6 per Cent —
Danish 80nd5,1825,3 per Cent ...
Ditto, 5 per cent. Scrip, 1849 —
Do. Bonds
Equador Bonds
Grenada Bonds, 1 per Cent. 1794% 171,4
Illexican, 5 per Cent.lB46, with Coupons.— 2814
Ditto, Ex Coupons
Ditto, Account . 2834 28:y4
Peruvian Bonds, 6 per Cents
Ditto, 4 per Cent. Active...
Ditto Deferred.....
Spanish 5 per Cont. 1840.
Ditto. Account l9 18X
Ditto, Passive
Dividends on the above payable in London.
Belgian 4% per Cent .. 84
Dutch 2% per Cent., 12 Guild.... - -
52%
Ditto. 4 Der Cant. Certificates
Ditto, Account ............ ......... 83 831,1 831,4
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES.
bDe ro. dAT ONE O'CLOCK. PRICE.
ePenreference
6U — .
Amber. Nott., Bosten,
and Eastern Junction 6
Ayrshire and Galloway.. 7% —
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
Do, withoutguarantee 20 .
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .....
Do. without guarantee 10 .
ming.,Wolverh'pton,
and Stour Valley ...... 13/. 145...
Birkenhead, Lancashire,
and Cheshire June.... 20 ......
Boston, Stamfd & Birm. 71. 4s.
Bristol and Exeter 9O ••••
Ditto, Thirds
Buckinghamshire ... 161. 4s
Caledonian
Ditto, Quarter Shares 12% —
Ditto, New 101. Pref... 10 ......
Ditto,Clydesdale June 50 •.....
Chester and Holyhead... 50 ......
Ditto, Preference...... 15 ......
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 4O ...... ...............
Dundalk & Enniskillen 221/2 ...... ......
East Anglian, 251., L. &
E. and L. and D 25 ...... .............. .
Do., 18/., E. & 11 lB
Do., 31. 10s., Pref... 3%
Eastern Counties........ 20 •••••• 81:4
Do. New,Gua.6 pact. 10 ...... 11 111/2
Dittc,Extonsion, 5 per
Cent., No. 1 6/.135. 4d....
Ditto ditto, No. 2...61. 13s. 4d...

48 p
48 p
48 p
CLOSIN
PRICES
8514
54%

63
1414

1836
3~

x.d.

Do. North. & Eastern,
6 per Cent. ..... 5O ......
Ditto. 5 per Cent 50 ...... ...
..
......... 58
Ditto, IA Shares 12th..... ...... ..
Do. New
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 31/2 ......••.....
Do., Class B (Li& B.) 25
...... .
Ditto, Class C, ditto... 221/2. •-• -'
............
Do. Scrip (6percent.) 20 ..•••• - ••I
East Lancashire
........

••••• ..

Ditto, New 25
Ditto, New Quarters ......
Do., 6 per Cent. Pre-
ference Quarters ... 614 ..... •
East LineoLnsbire ...... 25 ...... ........
Edinburgh and Glasgow 50 ...... 401/4...
Ditto, Half Shares ... 20 ••
Edinburgh and Northern 25 ......
Ditto, Nev; pert
Exeter,Yeovil, s Doreh 258......
Exeter and Exmouth 215....... ....

o••••