The Sun.
London, England, 1849-05-23 00:00:00

EXCHEQUER.-(THIS DAY:)

The Court took the peremptory paper to-day, but • the ar-
guments in the different cases were entirely of a Us zhnical
character.

MONEY and COMMERCIAL NE WS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were .5,000
bales, of which 1,000 American were on speculation.
The market was quiet, but steady, at former prices;
4,000 American realised Slid. to 60.; 450 Perna m and
Alaranham -qd. to 54d.; 200 Surat 20. to 3.1e1.; and 30
Sea Island at 9d. to I Id. per lb.—ln Railway Shares
only a limited business was dune, and prices had a
downward tendency.
The West India Mail brings accounts which,
upon consideration, are deemed to be less sa-
tisfactory in connexion with the crops, and
agricultural prospects; for it is stated that the
yield will be smaller than was anticipated.
With regard to the condition of the colonies in
other respects, it is much the same, the general cry being
for:reduction of the expenditure, and for such alterations of
the existing forms of government as will meet the exi-
gencies of the times. All these requirements we sin-
cerely hope may be met, and the passing of the naviga-
tion-laws will give some guarantee for the same.
A matter of considerable interest to emigrants is men-
tioned in the American advices, per Cambria, in the re-
jection of the taxation Bill, so that the State, as
is alleged, will have no protection against the
thousands of foreign paupers who will be thrown
into the alms-houses during the present season. We trust
that our Government will look to the due regulation of
emigrant ships going out, for the protection of the more
helpless classes.
We are indebted to a merchant for the following in-
formation, contained in his 'letters from Porto Cabello
and Laguayra, to about the 16th of April:—" A law
has been passed and sanctioned by Government, to the
effect that a creditor shall not collect a debt by legal
process under six years, and if the debtor resists
the time to continue to nine years. Of course, such a
law strikes at the basis of all credit, and had been pro-
tested against by the Foreign consuls as an infraction of
national law. Another law had been passed, that vessels
shall land all their cargoes at the port at which they
first touched, without any regard to their ultimate
destination. The plea in favour of this law is, that it
will encourage the coasting trade of the country. Never-
theless, it will be very burdensome to foreigners. As
to the political condition of the country, it is stated that
Guzman is intriguing to supplant Monagas, and that
Monagas himself is attempting to get himself declared
Dictator."
Late advices to February 7, received yesterday after-
noon from Port Philip, to January 23 from South
Australia, and to December 24, from Western Aus-
tralia, give, in all cases, a very cheering report
upon the state of the colonies, the last-mentioned, how-
ever, being slowest in its progress. A great deal of ex-
citement prevailed at Port Philip owing to the alleged
discovery of gold in the interior, and samples had been
shwn of much promise.
The continental advices received to-day are of a more
cheerful tone as respects the state of feeling at Paris,
but it is obvious that where Public Securities fluc-
tuate 14- per cent. within a few days, the rally of 6 per
cent. that has occurred upon the lowest values, is of
no great account, or cannot at least inspire much con-
fidence. The want of authentic news from Hungary is
much complained of here.
The meeting held yesterday at the London Tavern
for the consideration of Parliamentary and Financial
Reform is the precursor of that co-operation which the
citizens of London are about to extend to the men of
progress in the North, and has had an excellent effect
in arousing public attention here.
The National Bank of Ireland has declared a divi-
dend of Five per Cent. this day. The report made to
the meeting was favourable.
This being Derby-day is a holiday in the Mincing-
lane markets.
The Corn-trade is quiet, with moderate arrivals
,of
foreign.
The Foreign Exchanges were all higher yesterday.
There is a fuller attendance than is usual in the Stock
Exchange on the Derby-day, but the business done is
mostly real, not speculative. Consols have risen to
91* s upon the better advices from Paris. The New
Three-and-a. Quaater per Cents. have been 90i 4. Bank
Stock is 1931, and quiet. Exchequer-Bills have been
445. to 475. premium.
In Foreign Stocks there is very little doing, but
prices are firmer. Dutch Two-and-a-Half per
Cents. have rallied to 481- and 49, the Four per Cents.
are 75 to .1, and Belgian Four-and-a-Half per Cents.
have been marked 80. French Five per Cents. bring
83, with the exchange at 25 40. Spanish Three per
Cents. have been quoted 324; Portuguese Four per
Cents. are nominally 2Ri to 29; and Mexican Stock has
been done at 31014 with, and 284 ex coupons. No remittance
was expected, and none has been received, but thecommit-
tee 'have further letters,which are in course of translation,
and which we shall notice to-morrow, the contents not
being of special importance. The next arrival will
bring part of the proceeds of the tobacco duties.
Railway Shares are still rather heavy, but the trans-
actions are very limited. The French lines have all
rallied.
BRITISH FUNDS THIS DAY AT ONE O'OLOCK.
(From the Official List.)

Bank Stock l93'/
3 per Cent. Reduced Annuities B9%X
3 per Cent. Consols Anns
New 314 per Cent. Anns. ....
Long Annuities, Exp. Jan. sth, 1860 B% 8 9-16
Do. 30 Years, Expire Oct. 10, 1859 8 5-16
India Stock —
Do. Bonds, 10001
Ditto under 1.0001
Consols for Account 91%% V
Exchequer Bills. I%d. 2d.
March. June.
1,0001.
500/ .... eeeeeeeeee •• ..... 47 44 p
Small — 47 44 p
Ditto Advertised, ...... .. .. -- 46 42 45 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent 7B.
Grenada, 1 per Cent. .
Do. Deferred 3%
Mexican Bon '4s, 1846, 5 per Cent., Coupons 30%
Ditto Ex Coupons
Ditto Account
Spanish Bonds, 5 per Cent,lB4o
Ditto for the Account
Ditto Small
Ditto, 1845 9%
Spanish Bonds, 3 per Cent 32IA
Dividends on the above payable in London.
French Rentes, 5 per Cent.
Exchange. 2sf. 40c.
Belgian 41,¢ per Cent
Dutch 21/s per Cent., 12 Guild
Ditto 4 per Cent. Certificates
B'I6INESS DONE'' IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PIS. SHARE.
Alwrdeen
Ditto, Preference .. ... 414 4IA ...... to
3irmiugham & OxfordJunct.,
calls duly pd, or with guar. 20
Bristol and Exeter
Do~ Thirds
Caledonian
Ditto, New 101. Preference 10
Dublin and Belfast Junction.. 37% 5% to
Eastern Counties ....
Do. New Guarant. 6 per Ct. 10
Edinburgh and Glasgow
Great Western 100
Ditto, Half Shares
aull and Selby SO
Ditto, Half Shares .. ...... 25 ...... 48 to
Lancashire and Yorkshire ... 93 .....
Ditto Sixteenths ........... 6% .... 4% to
Ditte.Thirels l5 ...... 61,x..... to
Leeds and Bradford 5O ..... 971/ to
Lond., Bright., & South Coast 50
Do., New, guar. 6 per cent. 5
London & North Western.....loo 1271/Q to 126%
LopncTonFiaftnhdBS. Western...—. 502 ....... 3373/11 to
to --
Nmtiloiadrnflocalilnkd.
,8..c07r.ti05.0n),...13:ri.11.1.8.t.ea.:t1.a0..e.: 4142 •
Midland..
nßirmingham 6 per ce..t....1100°°
--- : .........
..d..100
Northßritish .. .. .... ..... .. 25
Ditto Half Shared, 12i/ 12% .. 123% to 124
1:4;3,.s to
—:
Do. Quarters ....... . •..
.62A ...
3.eit.inq to
Reading,Guildfd.,& ..
Reigate.... . 1 0 .. .. 15%
Shropshire Union... ............ 5 ... .. 214 to
South Eastern
Ditto, No. 2. 27 -
York, Newcastle, and Berwick 25
Do. and Newcastle Exten. 20 - .... to
Do. G. N. E. Pun or Pref. 8
York and North Midland .. 50 ...
Ditto, Preference
Ditto East and lit est Riding
Extension ... .. ...... 25
FOREIGN RAILWAYS.
Boulogne and Amiens 2O .. 7 ex.c ......to
Northern of France l 3
Paris and Orleans...
Paris and I:.oueu ........20
Paris & Strasbourg ......... 10 4 ...,.. to
NINES.
Brazilian
s t.hn
lnyo)ori ri
Dei..R-ey ...
... .. .
1254%.... .
1-04,..... tot
Ditto

COURSb OF

EXCHANGE.

12 1
AlnDsittewr:lttntig.h. :• •• 12 21
t
Rottcrdatn .... ••.. • • 12 3
Kamer!, ..........• 25 S/
Ihunburgh 13 131,
Attona• ••••• • • • • •
Paris, 3 dayesight •• 25 523'2
. ••
Ditto, 3 inoutha .... 25 75
l'il,trseilles ............25 7,1
lieurde.tux......... • 25 75
Frankfort on Maine.... 121;c',
Petersburgh, 36A4
Berlin....
Vienna, effcc. fio • • •• 12 15
Trieste, ditto.. .. • • .... 12 15
Madrid ...• •.......r •• 49%
Cadiz •• t• •• •• •• •• •• 50
Barcelona • •
Seville•.•• •• •• •• •• •••.•

Gribraltan • • • • • • • • • • • ••
Leghorn ........ ••.. • • 31 0
Genoa •• •• •• •• •• •• •• 2G 40
Allan ••.••••• • • • • ••
Vehice ••• • • • •••• • • .•
Siaples •• .... • • 40
['Merino, peroz •••••••• 116
Messina
Lisbon ••• • • 53
0p0rt0.... • • 534
Rio Janeiro ........ • •
Buenos Ayres .. •• ..
New York, 21 days'sight

Philadelphia .. • • • • • • • • -
PIIICEP OP BULLION, PM 03
Foreign Gold in bars.. £3 17 9
Portugal Gold Coin .. 0 0 0
Spanish Doubloons .. 0 0 0
New Dollars •• .. 0 4 104
Silver In bars ...... •• 0 4 1178

Mr. Villiers paired, in favour of triennial Parlia,
menu, with Mr. Beckett Denison, who was against that
measure.

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, MAY 23.—Wind this day at noon, W.S.W. ; fresh
breeze, with passing clouds, and fine.
POOLE, MAY 21.—Shl. James, Newfoundl ind.
SOUTHAMPTON, MAY 23.—Arrd. Conway, S. Woolley,
West Indies.
GUERNSEY, May 19.—Shl. Lightning, Havannah.
PLYMOUTH, May 22.—Wind, S.W. Arrd. Jane, Allen,
Rio Grande ; Sld. 2 ist, John Munn, Adelaide, South America;
Panama, ditto.
LivEnrooL, MAY 21.—Sid. Challenger, Carmichael, Rio
Janeiro; Corea, New York; Wakefield, Boston. 22d, Vis-
count Sandon, Shanghai; Emily, ditto; Dumfries, Bombay;
Fenella, Algoa Bay; J. P. Whitney, Philadelphia; Guy
Mannering, New York; Glenlyon, ditto; Virginia, Staten
Island; R. C. Winthrop, Boston. An American ship was
seen on shore on Sand Key, 22d ult.
KILLYBEGS.—SId. Christiana, Quebec.
BRISTOL. MAY 22. Wind W.N.W.—Arrd. Sarah, Jones,
Callao ; Eling, Parnell, Nevis.
SCILLY, MAY 21.—Wind S.W.-18. Arrd. Flying Fish,
Rowe, Rio Grande.
LOWESTOFFE, MAY 21.—The John, (from Newcastle to
Fowey, whilst lying at anchor in the road, was run foul of
b•r the NV idiam, Fisher, of this port, when she had her bow-
sprit sprung, and received damage in the Starboard bow.
OFF CORK, MAY 21.—Vanguard, Robinson, flarbadoes.
LIMERICK, May 21. Wind S. W.—Arrd. Minerva, Mi-
chaels, Philadelphia.
CORK, MAY 21.—Wind S. S.W.—Arrd. Energy, Watson,
Rio Grande ; Cornwall, Charles, Honduras ; Thomas Edward,
Blaike, Barbadoes.
WATERFORD, MAY 21. Wind S.W. to W.N.W. and
W.S.W.—Arrd. 20th, Cove, Barfield, Quebec; Zanthe,
Murchie, ditto; Swan, Wylie, ditto.
A vessel under jurymasts, from Liverpool to Halifax, about
400 tons, was passed in went of assistance, 3d inst., lat 43,
lon. 45, by the Lockwoods, Errington, at Liverpool.
SWANSEA, MAY 22. Wind S. W.—Sld 21st, Lady Prud-
hoe, Cuba.
FALmounr, MAY 21.—Wind W.—Arrd. Black Prince,
Weech, Bahia; Line, Osterlsh, Rio Janeiro, for Bremen.
COWES, MAY 22.—Wind S.W., strong.—Arrd. Sylphide,'
Jewett, Havannah; Speed, Pringle,! La Guayra London
Packet, Werkmeister, Laguna for Bremen; Spectator, Oak-
ley, Porto Rico.
WEXFORD, MAY 21.—The Huskisson, from Liverpool to
Chichester, struck on the South Bank, near the bar of Wex-
ford, yesterday morning, in a thick fog, filled, and will be
lost; part of her materials will be saved.