The Sun.
London, England, 1849-05-08 00:00:00

SICILY.

The Tempo of Naples of the 27th publishes the
following telegraphic dispatch :—" Colonel NUN•
ZIANTE, in Catania, to his excellency the Minister
of IVar in Naples : Palermo has submitted, with all
Sicily. A deputation, which I accompany, is row
on the road to the General Commander-in Chief
to present to him the act of submission, pure and
simple."

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was firmer,
and prices had an upward tendency. The business done
included 1,000 American on speculation, and 1,500 Per-
nams for export. The sales were estimated at 7,000
bales American at 4.1. to Gide 1,500 Pernams at 51d.
to 51d., 150 Bahia at 41d. to 5d., 600 Surats at 3d. to
3fd., and 40 Sea Islands at B]. to 10d. per lb.—The
Share Market was dull, and prices were generally lower.
The produce markets are still comparatively firm, and
from the sales announced for the current week, it
would appear that holders are not inclined to press
sates. The indigo auctions have continued, and we
shall have the wool sales in a day or two.
We may remark while upon the subject of produce, that
the imports of coffee exhibited a great falling off in
the month ending the sth ult., compared with the
like date of 1848 ; and there was less sugar
im-
ported, while the facilities offered for bringing
staples het e from foreign colonies and distant
countries, is having the expected effect, namely, that
of rendering England a deco;, whence Europe may
supply her extraneous wants. This results necessa-
rily in employment for our capital and shipping,
nfl profit to our merchants. Our export trade
in manufactures is so decidedly better this
year, that when we reflect upon the continental
troubles it is impossible to avoid the conclusion
that we owe, in a greet measure, to the operation of
free trade, to the facility which we give to foreigners to
send their produce here, the support of our export
business.
The indigo auctions are at present going off steadily,
at about last sales' prices.
The probable fate of the navigation-laws engrosses
considerable attention, and there is unquestionably some
anxiety felt in the City upon this subject. There has
been a repott that a majority of 10 to 15 will be ob-
tained in favour of the Bill, but this probably is mere
hearsay. A ship's captain, in " A few brief remarks on
the collecting and conducting of Poor Emigrants, and
on the construction of the mercantile shipping of Great
Britain," exposes the effect of protection in inducing
laxity on the part of owners. The writer justly re
marks that—
"lt has often been asked how it is that the American
ships are navigated by less hands than our vessels. The
answer is easy enough, there is no mystery in the affair.
Their hulls are constructs d on different lines than those
on which our ships are built; they draw less water, con-
sequently have not that dense resistance to contend with;
have fine entrance and run ; have long floors ;
flare out at the bows to ease them in pitching,
also to throw off the sea ; carry their breadth
well off ; have roomy decks ; are easy at sea ;
great attention being paid in scientifically arranging
the riggieg and materials. to economise labeur.
Hence they are enabled to have taunt
masts, square yards, spread a large amount of canvas,
sail fast, and are manceuvred with considerably less
physical force than is required for our ships of equal
burthen.
" It would give great confidence to persons embarking
in emigrant vessels, if there were exhibited in those
places where the passengers are berthed, as well as in
the forecastle, a printed certificate, containing every
information as regards the ship, where built, of what
materials, how fastened, her age, when last repaired,
by whom, present condition, state of her equipment,
number and burthen of her boats, qualification
and age of the master, respective ages of the
registered seamen and apprentices, the space allotted for
each individual on board, with the scale of provisions
and water fur every person on board. This document
ought to he signed by the surveyor-general, thus certi-
fying the vessel to be a proper and fit vessel; so that
persons desirous of going by such conveyance might read
and judge for themselves without reference to any one."
The Belgian mail has arrived. A party of 30 English
sailors, accompanied by an officer, and stated to have
belonged to our royal navy, had arrived at Ostend in the
Garland, having been engaged for the iatended German
fleet, and we hear that 500 to 600 have been quietly
secured at Portsmouth for the same service. At Am-
sterdam the Funds were steady on the 6th, the Dutch
Two-and-a-Half per Cents, being 49 11-l6ths. At
Vienna, on the 31 inst., the Austrian Five per Cents.
were 89k.
There has been rather a weak market again to-day
for the public securities, and the occurrences in Italy,
the disturbances at Dresden, the interference
in Hungary, and some little doubt about the
Navigation Bill here, aro quite sufficient to account for
the disposition to Bear. The value of Consols has been
91k to Ze and is about the same now. Bank Stock has
ranged from 192 k to 194, and India Stock is 245 k to 247.
Exchequer-bills have been 455. to 485., and India Bonds
71s. premium. The New Three-and-a• Quarter per
Cents. are 91k to
There is very little doing in Foreign Stocks, which
are nominally at about previous rates. Mexican, 31i k,
with the Coupons ; Spanish Three per Cents., 33 to k;
and Portuguese Four per Cents., 28k to 29k.
Railway Shares are very heavy still, but rather above
the lowest quotations of yesterday.

ON E
O'CLOCX

eiticEs OF BRITISII FIJNDS,

CLOSE', G
PRICES

Bank Stock
i per Cent. Reduced Arms ......
3 per Cent. Consols Annuities 91% %
New 34 per Cent. Anne......
Long Anus. to expire Jan.lB6o -16 85ii
India Stock
India Bond*, 1,0004
Ditto under 1,000/... ...... ....... 71 p 71 p
Consols for Account 9l ' %.1 % 543/ 91%
Exchequer Bills. 11hd. & 2d.
1,0001. June 45 43 p
ONE
O'CLOCK.

194
voix,
9134
91%
83
247

CLOSING
PRICES.

17 x d
3%
3114
31%
2(..11A