The Sun.
London, England, 1847-03-08 00:00:00

LONDOWL MPWDAV-

is due to Colonel LINDSAY for the able and temperate '
manner and the excellent spirit in which he brought
the subject under the consideration of the house on
Friday evening.
The simple fact that an annual profit of no less
than 53,752/. is derived by the nation, wrung from
the hardly-earned pittance of the soldiers—who
are forced to spend their money in one par-
ticular shop, in order that the State may make
money by the monopoly, which they sell at a high
price, and this under the pretext of maintaining and
improving discipline—is alone sufficient to show that
there must be something thoroughly and radically
vicious in the system. A high rent is extorted from
the keeper of the canteen ; he is compelled, in order
to make a profit himself, to exact the most exorbitant
charges, and to supply articles of an inferior and de-
teriorated kind. The soldier is thoroughly at his
mercy ; he is at liberty to charge as he pleases
to give what quality of goods he likes,
while he pays a considerable portion of the
pillage to the Government. There is no
doubt that in some respects canteens afford a de-
gree of convenience to the soldier, and that it is
desirable that he should have an opportunity of get-
ting many useful and necessary articles within the
barrack ; but there should not be the temptation to
drunkenness and intemperance, the fertile source of
military punishment, held out to him at his very
threshold, and perhaps the non-commissioned officers
placed in authority over him directly interested in
inducing him to spend his available funds in swelling
the profits of the suttler. It is needless to
expatiate on the many evils attendant on.
this degrading vice, its injurious effects on the
health and moral character of the man who gives
himself up to its allurements. They are sufficiently
known and appreciated, and require no additional il-
lustration at our bands; but, bad as it is, under any cir-
cumstances, it is by many degrees worse in the soldier
than the citizen. The drunken soldier is armed, and
has the power of putting into immediate execution his
mischievous projects, of avenging any fancied insult,
by the murder of the supposed offender. The crime
of intoxication, taken by itself, is a serious offence in
the military code, and by the returns recently laid
before the House, from 53 regiments, and 79 depots,
we find that from January, 1845, to July 31, 1846,
no less than eighty men were brought to the halberds,
and received an aggregate of 7,129 lashes out of 8,193,
to which they were sentenced for drunkenness.
It also leads to insubordination, disposing.of neces-
saries, violence to superiors, and in fact to every
other offence for which punishments have been
inflicted ; so that it is not too much to say, that it
originates, at the lowest calculation, three-fourths of
the crimes committed by British aoldiers. It is scarcely
necessary to add to the many strong authdrities
adduced by Colonel LINDSAY as to the evil resulting
from the sale of spirits in the canteens, and their effect
in leading the soldiers into habits of intoxication, but
we cannot refrain from adding that of Liir CHARLES
NAPIER, who, in his admirable work on military law
and flogging, places the system in its true light when
he says, " I never saw any good arise from a canteen;
it is a den of drunkenness, of gambling, of robbery,
of all that is detestable in practice and unjust in
principle ; without the more polished allurements of
a hell,' it has all its vices, and instead of any ob-
stacle being placed between this grog shop and the
troops, the Government drive the soldiers into it like
sheep into a fold."
We augur the happiest results from the pledge
given by the Secretary at War, which at once
led to the withdrawal of the motion, viz.,
" that the whole system of canteens should
undergo the most careful consideration, and
should be put on a footing which, whilst it would
give to the soldier all the conveniences canteens were
intended to afford, would render it next to impossible
that they should injure his morals or his health, or
render bim unfit for the performance of his military
duty."

The measures that were introduced by the Govern-
ment calculated to afford temporary relief to Ireland
are now virtually disposed of, so far as Parliament is
concerned. They have been sanctioned by the Legis-
lature with an alacrity and a spirit of generosity be-
comingly proportionate to the intensity of the national
distress which dictated their necessity. Could we
predict the turning point of Irish destitution, and tlie
period (if a brief one) when its extremest limits
would be reached, the Senate might now pause from
its labours in this direction. This, however, it is
not in the power of man to predicate, and hence the
chief difficulties connected with Ireland, and which
partake more of a social than a political character,
remain to he grappled with. Hitherto our public
councils have only addressed themselves to the dire
emergencies of the moment. The social evils across
St. George's Channel are so deeply seated, and, how
much soever we may be successful in the mitigating
them for a time, so likely to recur, and, in all proba-
bility, in an aggravatedshape, that it is alone to perma-
nent measures we can look with anything like security
for their effectual eradication. Of these measures
the two most important are, first, an effective Poor-law,
and next, a law which, in plain language, shall, by
a disenthralling process, establish free trade in land.
Of the necessity for the former we have long been
the urgent advocates Looking to what was the
state of England in ELIZABETH'S time, and to the
improved condition of her peasantry and artizans
subsequent to the introduction of a State provision for
the poor, it seems almost unaccountable that a similar
remedy should not have been, ages since, applied to
the subjugation of the identical ills with
which the social system of the Emerald Isle
has been perpetually fraught. Making every
allowance for certain political objections which might
be started against the supposed possibility of Ire-
land's having had a poor-law, contemporaneously with
that which the Parliament conterred upon England,
no adequate reason can be advanced why, at least a
century since, the Irish poor should not have been
provided for•in like manner with our own. Had this
been the case even fifty years back,—we might
say twenty-five,—we never should have been ap-
palled with the ghastly spectacle which Ire-
land now presents of thousands dying under circum

stances, the bare contemplation of which is sickening
to the mind, and whereof the details which are hourly
reaching us are perfectly horrifying. And yet it is
little better than ten years since any measure of the
nature of an Irish poor- law was enacted by the
Parliament, and then it was so miserably stinted,
that, viewed in connexion with the illiberal spirit in
which its provisions have been carried out, it has
proved a complete abortion. However, from the
measure now before the House of Commons, under

the auspices of Government, we hope for better
results, and " better late than never."

We are sorry to perceive that an objection has
been strongly entertained by the "Irish party," com-
prising a long list of the nobility and Members of
Parliament, to that portion of it by which it is pro-
posed to asses the poor-rates in the larger divisions
of unions instead of the electoral, by which the rate
is at present regulated. An influential deputation
waited upon Lord JOHN RUSSELL on Saturday to
enforce their views on this point. The Government
have altered their original scheme to this
extent, that when the charge on the electoral
district shall exceed half a-crown in the
pound in the year, it shall be charged to the union
at large. We do not demur to this alteration, seeing
the desirableness of the Government's securing, as
far as possible, the cheerful co-operation of the Irish
proprietary in the administration of so extensive and
important a measure as a poor-law ; but we trust that
no further concession will be made, for, after reading
their resolutions, we cannot discover that
weight in the objections they embody which
the "Irish party" appear to attach to them.
One reason, in particular, in favour of the
more extended divisions for the assessments is, that

it removes the temptation which would exist in the
smaller, for the proprietors to clear their estates of
the destitute poor, and who would consequently find
it more difficult to gain employment fur their labour
elsewhere. The following extract from Lord JOliN
RUSSELL'S reply to the deputation is so truthful, and

so consonant with what we have repeatedly put

forward, that we cannot more appropriately close
our observations than by bringing it directly under

;he notice of our readers

" He did not mean to express any opinion whatever on the
resolutions of the Irish Peers and Members of PArliament,

but he repeated what he had before said elsewhere, that the
opinion daily gained ground, not only in this ewintry but in

Ireland, that the distress and want to which the peopk of Mat
country might be reduced even in ordinary years ought to give
them a claim vpirt the property of Ireland, such a claim as the
people of England had upon the property of England, in
times of great, distress, and that there should be legal pro-
vision made for relieving the destitute in the workhouse
when the workhouse was not full, and out of the workhouse
when It was full."

Madrid papers of the 27th ult. have arrived

The affair of the French ship stranded in the Bidassoa
is settled. The Spanish Government of course has given
way, and has ordered the vessel to be restored without
the payment of harbour dues. Had the French Govern-
ment demanded the cession of Fuentarabia itself, doubt-
less as far as the Spanish Government was concerned
the demand would have been at once complied with.
MADRID BOMA, FEB. 27.—The Three per Cents.
were done at 29:1 for cash ; Five per Cents., at 19 for
paper ; the Debt without interest, at 6 for paper ; and
the Coupons, at 17 for cash.

We have received the Paris papers of Friday and
Saturday-.
The Constitutionnel of Friday has a long article on the I
speech of Mr. WARD in bringing forward the Navy EAti-
mates, in which it endeavours to show that Mr. WARD
has vastly overrated the force of the French navy. It
is evident, however, that the writer of the Constitu,
tionnel, true to the tactics of the whole Parisian press,
has purposely underrated the force of the French navy,
in order, if possible, to put England off her gnat d. The
following is the article in question:—
"England spends this year 157 millions for her navy, and
France 101,500,000 f. These two sums ought to be reduced
each six millions, expended in England for transporting
troops to the colonies, and in France for carrying troops to
Algeria. There remains, therefore, for the English budget
151 millions, and for that of France 95,500,000 f. Let us
now examine the manner in which these two sums are em-
ployed, in order to see if Mr. Ward was really warranted in
all he advanced on the 'abject of our naval condition. The
French navy on active service is composed of 29,330 men,
divided amongst 6 ships of the line, 9 frigates, 19 corvettes.
15 brigs, 29 light vessels, 22 transports, and 58 steamers,
The total of vessels on active service is 126, of which only
15, exclusive of the steamers, are at present fit to take an
active part in a serious war. England has 34,000 men at
sea, or 5,000 more than we. This difference is, besides,
considerably greater than it seems by the distribution of.
men in vessels of a real force. The English have, in fact,
8 ships of the line of from 72 to 120 guns; 18 frigates of
from 36 to 50 guns; 53 corvettes and brigs; 44 light vessels,
and 80 steamers; in all 213 vessels, which by the difference
cf their construction and their metal, present a force double
of ours. The figures, which we have Just compared as much
as it is possible to do when the matter relates to two budgets of
which the services are not altogether similar, clearly prove
how exaggerated are the allegations of Mr. NVard, and how
tar our navy is from being in the state of prosperity which he
attributes to it. In order to show the most startling of the
exaggerations, let us remind our readers that, ac-
cording to Mr. Ward, the expenses of our budget this
year amount to 140,984,000 f., exclusive of the an-
nual payment of the portion of the 93 millions
which the Cbamber divided amongst seven years.
Thus, according to the English statesman, our budget this
year ought to be 154 millions. But in reckoning the annual
payment of the 93 millions, or 13,400,000 f., the real figure,
our budget is only 101,500,000 f. This suns is sufficient on
condition it be well employed; but there is a great differ•
ence between that and the expenses of the English navy, as
well as those which the imagination of Mr. Ward has as-
signed to our navy. Besides, Mr. Ward has acespted as a
reality what is only a project. In that way the Spanish navy
itself would be on the eve of becoming formidable. It is
allowable to suppose that Mr. Ward, with a patriotic view,
which we are far from blaming, has endeavoured to alarm
men's minds,- in order to obtain more easily the funds which
it desires to devote to the increase of the English navy. He
declared that the French Government would not wait for the
seven years to expend the ninety-three millions accorded to
our navy, but that is an error. The Bill is positive on the
point, and it is not that enactment which the Ministry would
think of infringing; even if it desired to do so it could not.
To sonstruct at the same time in our ports a great number of
vessels, we ought to have accommodation of a far more ex-
tensive description, and building slips which do not now
exist. Mr. Ward also looks on as finished the works des-
tined for harbours of refuge from Dunkirk to Toulon for our
steamers; but scarcely are a few basins in course of execu-
tion, and everywhere else the works are not even coin-
menced. Cherburg is far from presenting the for-
miderable aspect which the English Minister has
depicted. He has pretended that 6,000 workmen
are daily employed in that port, where he ought to
have represented the average at 1,500. The breakwater
of Cherburg is not by any means terminated, and is advanc-
ing with an extreme slowness. The defensive works are
null ; on the land aide they have not been commenced, and
it is enough to annoy any well-thinking man to see the in-
sufficiency of the means of defence of the port. Mr. Ward
has also been pleased to institute a comparison between the
number of tires in the forges of Brest and Portsmouth. In
the French port there are, he says, 127, whereas in the
English one, there are only 48. Undoubtedly it would be
very desirable that what Mr. Ward asserted were true. But
nothing is less exact than this supposition; not only there
are not at Brest 127 fires, but at the moment at which we
write there are not the forges required for the repairs of our
steamers. It Portsmouth has in reality only 48 forges at
work, it may be safely declared that they are sufficient
for every kind of demand on them, comprising repairs of
steamers. Finally, Mr. Ward has carried exaggeration so
far as to say that we had the means of repairing our steam-
engines at Dunkirk ; whereas nothing of the sort is the
case. But these generous exaggerations of Mr. Ward prove
that the English government takes resolutely the initiative
in all measures, which may contribute to augment the force
of its Country ; it provides the means of carrying out its
views on that point, by patriotically deceiving public
opinion. Here, the case is very different. If the state of
our naval forces is misrepresented, it is for the purpose of
preventing us from thinking of increasing tkem. Public
opinion was, in fact, obliged to force the Goverament to
state matters in their real aspect. At the present moment,
again, it is precisely in order that a false security may not
lull the public to sleep, that we are so anxious to make the
exact resources of our navy known,"
Whatever may be the inaccuracy of Mr. WARD'S
statement regarding the strength of the French navy,
it is abundantly evident that the statement of the Con-
aitutionnel is inaccurate, and underrates that strength.
The figures will not work. " The total of vessels in
active service," says the Constitutiunnel, "is 126," and
this after itself having enumerated 158 vessels at the
present moment in the active naval service of France.
This error is alone sufficient to destroy the authority of

the writer.
The Courrier Francais also has an article on the same
subject, in which the French navy is represented as
being in a wretched state. " Mr. WARD," says this
journat;'" has been pleased to give a purely imaginary
picture of our naval forces. The only thing that is true
in the balance-sheet which he laid before the House of
Commons was the sacrifices imposed on the Treasury.
All persons that have visited our ports are aware that
the arsenals are insufficiently provided, the building-
yards abandoned, and the basins nearly empty. The
credits that have been voted will not be sufficient to
repair the errors and waste of past years. At Cherburg,
for instance, it can be seen how, for fifteen year the
greatest part of the credits opened for the navy have
been employed. Works in stone and mortar have ab•
sorbed almost entirely the funds destined for the fleet
ide'vat
.perhaps,
Likewise, the cuinpletion of the gi-
gantic only one which it was
to
Ot all these constructions the fortified circuit of the port
landon the
undertake.
gamic breakwater, which forms the artificial port of Cher-
burg, ought to take precedence of all the other w.,rks of de-
fence and security. The English are . aware of these
facts, as they have their eyes fixed on our slightest
movements. Not long since a distinguished officer of the
British navy, Captain WASHINGTON, of the Blazer
steamer, was sent to Cherburg by the Admiralty.
Member of the committee on the ports of refuge, he
came to examine the works executed in a position where
the genius of man is successful in flinging back the rage
of ocean. Captain WASHINGTON could state to the
Lords of the Admiralty that he had not seen at Cher-
burg a single ship of the line; that only two frigates,
the Heine Blanche and the Forte, were in the de-
serted basins; and that in the dockyards, where
vessels were lying which had been commenced
ten years ago, he had not heard the 5, und of
a single blow of a hammer or seen a nail
struck. Similar missions of a confidental cha-
racter were often given by the last Ministry, and are
matters of common occurrence. When, therefore, a
Secretary of the Admiralty falls into error relative to our
resources, as Mr. WARD has dune, the reason must be
that he conceives the error to be useful to his views at
the moment. Mr. WARD judged it advisable at the same
time to pass over in silence the natural advantages of
the British islands, and the formidable means of defence
which English prudence is unceasingly accumulating.
What he wanted, when he made his last statement, was
to have a new credit added to the previous estimates.
The sums appropriated to the navy will this year
exceed by 62,2841. the estimate of last year, and
will amount in all to 5,925,0001. The number of sea-
men is 41,500 men. W hat principally strikes us in the
English budget, is the sage and provide.at employment
of the funds voted. Not a single shilling is turned away
from its destination. Attention is being constantly paid
to the state of the fleet, and to the new improvements
to be introduced in naval constructions. They want to
have a numb, r of experienced seamen always ready;
they are endeavouring to multiply steam-vessels, and
to apply to them all the improvements in machinery.
It is this perseverance, this intelligent attention, which
have raised the naval power of England to so high a
point.'

We trust that neither the Government nor the people
of England will be deceived by these statements into con-
senting to any reduction in our n Iva( force. The
strength of the French navy is so manifestly under-
rated by these writers, that it seems as though these

articles were written to serve some purpose; and what-

ever that purpose may be, certain it is that it should be
a reason with England for still further increasing the

strength of her navy.
The Minister of Marine is about to put up to tender
contracts for building eix brigs of war, and two store.
ships.

The Mont' !cur publishes the following letter from
Marseilles, dated the 7th ult.:—
"Since intelligence reached that the French Chambers
had voted a project of law, permitting the free importation of

MARCH fo:

foreign grain until the 81st of July next, prices ha,\,e rap Ally
risen. The hectolitre of wheat of the first quality, deli4wd
at Marseilles, costs to-day 23f. 3i)c., including the insurance.
The. price of barley is, on an average, from 9f. to 10f. per
metrical quintal, and he freight from Marseilles or Algeria
varies from 7f. to Bf. One hundred vessels are loading at
Constantinople and in the neighbouring harbours, of which
two-thirds are destined for Marseilles. The stock at Con-
stantinople will soon be exhausted; but the moment the
roads become pracfAcable, all the corn from the interior of
the empire and thie Danubian provinces will arrive in our
capital. There utist likewice in Russia large quantities of
grain intended for exportation, the moment the thaw shall
have reopened the navigation. The corn lying in the Rus-
sian harbours exceeds 4,000,000 of hectolitres. Unfortunately
the means of transport are scarce, and the price of freight is
still tending to augment. The post of Odessa is now com-
pletely free of ice, and 55 vessels laden with grain have
already sailed for the Mediterranean."
The Government entertains serious apprehensions of
en outbreak in Paris, consequent upon the dearness of
provisions; and in order to be prepared against such an
emergency is quietly arming the forts round Paris, not-
withstanding the provisions of the law to the contrary.
The committees of the Chamber of Deputies have de-
termined that the proposition of M. DuvEacrEn D'LLau-
RANNE, on the subject. of electoral reform, shall be pub-
licly read at the next sitting of the Chambers.
The Natii,nal of Saturday contains an article on the
subjk ct of the great meeting held in London on the sub.
ject of Cracow. It is of a highly laudatory nature, and
the National rejoices at the community of sentiment
I between England and France on the subject of Cracow.

The Journal des Chemins de Per announces that the
Abbeville and Amiens section of the Boulogne Railroad
will be opened on the 15th inst.tnt, and the Havre and
Rouen on the 20:h.

Count BRESSON arrived at Bayonne on the 2:1, on his
way to Paris.
The Paris Bourse displayed on Saturday a slight tendency
to improvement. This arose out of the termination of the
liquidation (settlement), the conviction that (as above ob-
served) in Spain alone was anything to be perceived me-
nacing for peace, and from the belief that, although at s
great expense, the want of provisions was in a fair way to
be obviated. Frequent interviews of Count d'Argout (Go-
vernor of the Bank of France) with M. Guizot had, more-
over, led to the rumour that that distinguished person was
about to be named Minister of Finance, in the room of M.
Lacave-Laplagne, who desires to retire.
The Three per Cents. closed on the Paris Bourse on
Saturday at 78f. 35c.; the Five per Cents. 118 f. 80c.; the
Orleans Railway Shares, 1,2771 50e.; Rouen, 868 f. 75c.
Havre, 6921, 50c.; Great Northern. 630 f.; Avignon,
828 f. 75c.; Vierzon, 581 f: 25c.; Bordeaux, 535 f. ; Bou-
logne, 4001. ; Basle, 210 f.; Dieppe, 3301. ; Paris and Stras-
burg, 4631. 75c.; Tours and Nantes, 462 E 50c.; Paris and
Lyons, 4911. 25c.; Lyons and Avignon, 480 f.; Bordeaux
and Cette, 4511. 25c. ; Belgian Two-and-a-Half per Cents.,
; Spanish Three per Cents., 3434.
LYONS, MARCIt 4.-Paris and Rouen, 863 f. 75c.; Avignon
and Marseilles, 831 f. 25c.; Northern, 6271. 50c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, 3Luten 6.

Boulogne and Amiens, 14 —Bordeaux, Toulouse, and Cette
(Espelete), N —Louvain a la Sambre, 1% —Luxembourg,
Namur and Liege, 4%—Northern of France, 12%—Orleans and
Bordeaux, 7—Paris and Lyons, 7 —Rouen and Havre, 265y—West
Flanders, 2%.

MONEY and COMMERCIAL NEWS
GIT'Y, QUARTER TO THREE.

The sales of Cotton in the Liverpool market on Saturday
were 2,000 bales, chiefly American, at 6 d. to 714 d. per 10.
The market was dull.—Railway Shares were inactive, but
the state of the London market not being known, prices were
comparatively steady.
No information has yet been received of the arrival of the
West India mail, nor are there any other later ship arrivals
with news of interest.

It is stated in accounts from Stuttgard that the new loan
of twelve millions of florins for the V4irtemburg Government
has been taken by Messrs. Rothschilds in conjunction with
other firms, including the Stuttgard bankers, in a four-and-a-
half per cent, stock.
The following is a copy of the letter addressed to the
Members of the Legislature by the Spanish Bondholders'
Association :

Sir,—As a member of the Association of Spanish Bond-
ho!ders. and on behalf a great number of British subjects in-
tereeed in the public debt of Spain, I am deputed to solicit
your attention to a statement of our claims on Spain for the
large loans of money advanced to her.
‘• The total amount of the foreign debt of Spain, is about
seventy-eight millions sterling, a large proportion of which
is due to Great Britain, and it is submitted, that the resto-
ration of such a vast amount of British wealth is an object
of national interest, as well as a measure of justice to
a large class of persons in this country, who have long suf-
fered great privation and distress from the oppression and
bad faith of Spain towards them.
" Petitions praying for protection and relief from
the Imperial Parliament and Government, signed by
D. Homing, Esq., chairman, and Sir T. B. Leth-
bridge, Bart., Deputy Chairman of the Spanish
Bondholders' Association, will be presented by my Lord
Brougham to the House of Peers, and by the Lord George
Bentinck to the House of Commons, and it is respectfully
hoped that the justice and merits of the case will obtain for
it the great advantage of your advocacy and support in Par-
liament."

The English Stock market opened rather better to-day,
but has gone worse since. The rise in Wheat again this
morning, the continued heart-renting accounts from Ireland,
the unfortunate embarrassment of the North of England
Joint-Stock Bank at Newcastle, and the high rate of interest
offered by railway companies on debentures, all concur to favor
"bear" operations. Consuls were 891,12 3/4, but are now
89% % for transfer to-morrow. Time bargains have been
made at 89% 3/4 ; and the rew scrip is fiat at I/ premium.
Exchequer-bills have realised 3s. to 6s. premium. The New
Three-and-a-Quarter per Cents. have been 92 to 91%. The
Three per Cents. are shut. Bank Stock is firm at 205.
The Foreign market has been very flat again. Spanish
Five per Cents. are 221,,t for money, and 221,6 % for tune.
The Three per Cents. have been 337,, Mexican Stock has
been at 22 to 221/s, and Brazilian at 87. Dutch Two-and-a•
Half per Cents, have been quoted 58 to 5814.
There is not much doing in the Railway Share Mat ket, but
prices are not loner than on Saturday. In many instances
they appear to be rather fittaer. Caledonian, 26 to 261,4 ;
Eastern Counties, 204 to 201 ; East Lincolnshire, ;
Edinburgh and Glasgow, 74 (lower by 31. to 41.); Great
Northern, 2A to 2i.

FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock .. •• •• • • • . 205
Three per Cent. Consols Annuities .. 891 i
New Three-and-a-Quarter per Cent. Aims. 91% -7i 92 91%
Lone Annuities, Expire Jan. 5, 1860 .• 9 9-16 yy
Ditto, 30 years, Oct. 10, 1859 ..
Ditto, 30 years, Jan 5, 1860 .. 9%
Consols for Account, April 15 .. 8914
Consols, Scrip .. .. • • .. 0y2% p
Exchequer Bills. d. I,hd.
1,0001. 6 3 pm.
500!. •• .. •• •••• 3 6 pm.
Ditto, Small .. 10 pm.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent • • • • 87
Mexican, 1846, 5 per Cent • • .•
Ditto, for the Account .• .. 224
Spanish Bonds, 5 per Cont. .. .. 22y,
Ditto, for the Account • • 22X
Ditto, Three per Cent .......
Ditto, for the Account • • • • 337 i
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents. 58 4 58
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK.

RAILWATS. PAID. PER SHARE.
Birmingham, Wolver., & Stour Valley 5 7 ... to •
Buckinghamshire • . .• .•6!.4s p.. to •
Caledonian .. .. 30 .. 2f; .. ••to •
Ditto, half Shares .. to -
Cornwall .. • • • . • . to -
Direct Northern Scrip 2 .• to -
Eastern Counties .. .. • • 20 20% h % to •
Do., Berpetual,s perC t. No. 1,6/. 13s. 4d h pr. to -
Ditto, ditto .. .. N 0.2, 61. 13s. 42 sd p.. to -
Ditto, York Extension . .. 4 -
East Lancashire .. .. • • .. .. 14 .. • -
Ditto, New .. .. • • .. 5 -
Ditto, ditto, New Scrip .. • . I !,‘ -
East Lincolnshire .. 4 -
Edinburgh and Glasgow •• •• •• 50 -
Ditto, Half Shares .. • • .. • • 10 .. • -
Ditto Quarter Shares • . .. • . 181 .... to -
Great Northern (London & York ltegd) 24 •• • • 2%J.;.. to-
Ditto (Direct Northern Regd.) .. .. • . .. .. to -
Great Western .• 85 II7 .. • • to -
Ditto. Half Shares .. .. 50 -
Ditto. New .. •• • . •• 8 .... to -
Lancaster and Carlisle .. 50 -

Ditto, New . • • • • • • • • • 5 •• .. 10 •• .. to
Leicester and Bedford 16s. die. to
Leeds and Thirsk 221/i .... 21.1% .. • • to
Ditto, New • . • . 5 .... 4},.... to
London and Illackwall .. 161. 13s. 4d. • • 8 •• .. to
London, Brighton, and South Coast 50 •••• 53% .. to
London and Greenwich .. 121. 15s. 4d. .. • • `9%.. • • to
London ;old North-Western • • .. 100 .. 181 •• • • to
Ditto, Quarters .. • • .. . • • • 2 .. • • ...• to
Ditto ditto New .. . 2 .... 14 .. • • to
London and South-Western 411. 64. 10d. .. • • 63 .... to

Ditto, New Consolidated Eighths .. 40 .... 48 .... to
London and York Extension Scrip .. 24 2%4 .. to
Lynn and Ely •• •• .. 20 •• •• 22 .... to
Lyn.. and Dureham .. • • •• 15 • .. 16%...• to •
Manchester and Leeds .. . 82 •• .. to
Ditto, Half Shares .. .. • . 38 .... 494 .... to
Ditto, Quarter shares .. • • •. 12 .... 1614 •••• to
Ditto, Thirds (Reg.) •• 84s. •• p.. to
Manchester, Buxton, and Matlock - • 425. ...• p.. to % I
Manchester and Southampton .. 2 .. • • I •. • . to 2i,
Midland .. .. .• •• ..100 —.1184 120 to 119
Ditto, New •. .. • • .• .. 30 .... 34%.. • . to
Ditto, New .. •• • • • • 2 .. • • 54 }i % to—
..
Midland, Birmingham & Gloucester-100 —.1224 .. • • to 1234
Newcastle and Berwick .. • • 20 ...• 344.... to 34%
Newmarket and Chesterford .. • • 10 .... •••• to
Ditto Extension •• .. 2/. 125..... p.. to
Norfolk • . .. ••• • • • ..100 . -- • ... to Ditto, Extension .. •• ••• • 6 .... to
Ditto Scrip, 1847, Nos is of Norfolk. —••.• to
Ditto ditto, Waveney Valley .. 2 .... 1% .... to
North British .. .. • • • . •• 25 _ 34 .. to
Ditto, Half Shares .. • . 124 .. •• 16 3<, •.to
Ditto, Quarters .. .. • • .. 2 1,4 . . 4% 4.. to
Ditto, Extension .. •• to Ditto, Thirds .• 1 34 .... to
Northern and Eastern .. 50 .... 55 •. •• to North Staffordshire .. ••..5_87% .. to 84
Oxford, Worcester, & Wolverhampton 174 11 .. •• to Preston and Wyre .• ••• • 25 ....
Ditto, Half Shares (A) •• 6!.‘, 1034 .. .. to
Reading, Guildford, and Reigate .. 5 .... .... to
icottish Central .. .• 15 23 ..•• to 22%;
Scottish Midland .• 174 .... 244 •• to
south Eastern and Dover .. •. ..33/.25.4d. 373„‘ .... to
Ditto, New (do. 151.) No. 4 •• 414 ...• to
South Wales .. .. • • • . .. 10 •• •• g .... to 8
Vale or Neath
.. 2 • • 1Is• • • • t°
West Riding Union .. • • • • 425. •• • • I % pto
Windsor, Staines, and South-Western 425. •• .• ap P•• L°
York and Newcastle .. 25 .... 36N . to 36
Ditto, New 10 ...• 1614 N • • to 16
Ditto, Preference .• .. 4 .. • • 8% • • • I°
York and North Midland •• .. 50 86 to—
—
Ditto. Extension .. .. 20 •••• 37 - ••
to
Ditto, Preference 2 .... 11704 ••
tv
FOREIGN RAILWAYS.
15 to
Central of France (Orleans & Yierzon) 12 •
Dutch Rhenish •• •• to
. Nun hem of France • • • • • ' 8 •• • 12% to
to
Orleans and Bordeaux •• •• • • .
.
•• • Sambre and Meuse • • • • • • • • 12
JOINT-STOCK BANKS.
10 ••• 124 •.'. to

Union of London • • •. • • • •
MINES
Real del Monte, Unregistered • • • • •••• 3Ni •• • • to --

JENNY LlND.—This charming nightingale of the
north, who bas just created such a sensation at Vienna
i
in Meyerbeer's Camp of Silesia, s expected in three
weeks at Paris, en route to London, where she will im-
mediately make her (Mbiit at her Majesty's Theatre.
Lucile Grahn has appeared at. the Theatre Royal de
la Monnaie, at Brussels, in Gzselle, La Sylphide, Le
Dieu et la Bapaclere, and Esmeralda. She is nightly
received Kith acclamations by the public, and showers
of bouquets are thrown to her. by. the:enraptured spec-
tators, to testify their admiration of the charming
danstuse.

• -
LLOYD'S SIIIPriNG-(THIS DAY-,)
LONDON, MAncrt N.N.W., moderate breeze
and cloudy.—The Rose, from Exeter to Lon Con, which :Ail:
off Holyhead 28th ult., has been raised.
LIVERPOOL, MARCH ti.—Wind N.N.E., mod. 7. L.N.E ,
ditto.—Sld. Fry, Manilla, 11.-nrietta, Rio Janeiro; Thames,
Rio Janeiro; Indus, Bahia; Vigilant, Barbadoes; Trenton,
New Orleans; Meteor, New Orleans; Columbia, New Fork;
Nova Scotia, Yarmouth, N.S. ; Helen, Havannah, Miltiades,
New Orleans; Frederica, ILiLpton, United States • Cour-
tenay, Staten Island; Queen of the Ocean, New York; Eng-
land, New York; Elleslie, New York; Republic, New York.
WATERFORD.—Put back, Orinoco for Baltimore.
CORK' MARCH 5. Arrd. Empress, Strut, Valparaiso;
Howard, Smith, St. John's for Liverpool. Ski. R. N. Parker,
Philadelphia; Regina, New York; Caminho, Caminho.
FAVERSHAM, MARCH s.—The Sally, from Newcastle, is
aground between the Sluice-bridge.
PORTSMOUTH, MARCH 7.—\% ind N.N.E.—SId. Windsor,
Madras and Calcutta; Northumberland, New York.
BRISTOL, MARCH 7.—Wind N.N.E.—SId. Abbotsford,
Calcutta.

COWES, MARCH 7. —Wind N.E.—Sld. Robert M'William,
M`Donald, Philadelphia.
FALMOUTH, MARCH 7.—Wind N.E.---Arrd. Flora M‘Donald,
Broad, Calcutta. Sld. Crane packet, Brazils.
Or DOVER, MARCH 7.—Prcgress, Atwell, St. John's.
CLYDE, MARCH s.—Wind N.E.—Sld. Christian, Balti-
more ; Ellen, Boston ; Esquitnaux, Halifax ; Mogul, Bar-
badoes ; Robertson, Trinidad; Queen Pomare, St. John's,
New Brunswick.

DEAL, MAncit 7.—A.M. Wind N.N.E, moderate; P.M.
N.E., fresh.—Arrd. Countess of Eglintoun, G range, Whampoa.
Std. Adelaide, South Australia ; Agnes, Antigua ; Esk,
Bahia; Druid, Barbadoes ; Mary, Philadelphia.
DUBLIN, MARCH s.—Sid. Nereid, Baltimore, St. Sebastian.
NEwron-r, March 6.—Wind N. E.—Arrd. Edward Moiler,
St. Thomas.

AnEnDEEN, MAI/cm s.—Sld. Flamingo, Greenland.
DUNDEE, MARCH 2.—Sld. Fairy, Greenland.
FALMOUTIL—Ofr port, Christian, Peterson, Batavia, for
Flashing; Irene, Bahia; Regina, Kreeft, Monte Video.
KINSALE, MARCH 4.—Wind E.S E.—Arrd. Clio, Massaro,
Rio Janeiro.

MARKET NEWS.-(THIS DAY.

CORN EXCHANGE-MONDAY

The arrivals of English Malt fur our market last week
were somewhat large, while those of Flour were moderate.
Of Wheat, Barley, Oats, Beans, and Peas, of home growth,
the receipts were, taken collectively, small. There was a
slight increase in the supply of Scotch Barley ; but from
Ireland only about 900 quarters came to hand. The imports
of foreign Wheat and Flour were trifling, but upwards of
27,000 quarters of Oats, and a fair quantity of Barley, came
to hand. From Essex the receipts of Englieh Wheat fresh
up this morning were good, but by no means of Ye ry superior
quality. The supply front Kent was less than that
received on Monday last, while from the Essex coast
the quantify was barely an average. Although the
number of samples left over front last week was
comparatively small, the stands were tolerably well,
but by no means heavily, filled with parcels of red and white
English Wheat. There being again several buyers from
France in attendance, we have to report a very steady de-
mand for all descriptions. About 1,200 quarters of Kentish
red were disposed of for immediate shipment to the French
ports, et an advance in the quotations obtained on Monday
last of 5s per quarter; while, for home consumption 3s to 4s
per quarter more money was paid for red qualities. In white
parcels not quite so much business was doing as in red, ne-
vertheless the currencies improved 2s to 3s per quarter, and
at which nearly the whole of the samples were
disposed of. Owing to the foreign demand, red Wheat
is now bearing a very high relative value to white.
The quantity of Foreign Wheat brought forward was un-
usually small, and, no doubt, will continue so for some weeks
hence. This article was in good request for France, and
about 2,000 quarters found purchasers, at a rise in value of
from is to, in some few instances, 3s per quarter. Notwith-
standing the show of Barley was but moderate, the Barley
trade—arising from the heaviness in that for Malt—was dull,
at an abatement in value of fully is per qr. Foreign Barleys
were a mere drug. The supply of Malt exceeding the wants
of the brewers, all kinds moved off heavily at a
reduction in last week's prices of from is to 2s per quarter.
The market being very heavily supplied with foreign Oats,
buyers held off, and the prices were is to 2s per quarter lower
than on Monday last, and at which the market closed heavily.
In Beans, next to nothing was doing, at an abatement of
quite is per quarter. Peas were in short supply, and slow
inquiry, at unaltered prices. Flour—both sack and barrelled,
was held at Is to 2s more money. Indian Corn, both on the
spot and for arrival, was very firm, but not dearer.
CURRENCY PEli IMPERIAL MEASURE
Arheat—Essex & Kent, Malt—Chevalier. ... • • 798 to 84,
Red, New. •• • 713 to 80s Oats Yorkshire and
Ditto,White, New 76s 87s Lincolnsh., Feed. 288 3.1
Norfolk and Lin- Potatoe •• • • 338 37s
coin, Red. • . 703 76s Youghal and Cork,
Ditto, White...... 72s 79s Black . •• • • 298 32s
Irish, Red • . .•.. —s —5 Cork, White . •• 303 34s
Ditto, White .• —s Scotch, Feet'. . • 328 3Gs
Bye—Old —s s Beans—Tick 43s 43s
New. 503 58s Pigeoas .. 503 51s
Barley—Grinding 415 43s Pease—Grey
Malting . ........ 52s 56s Maple .••••• • • • • • 508 53,
Chevalier .... ... 56s 57s White........... 55s 59,
Malt—Suffolk and Nor- Boilers ... ••• • • • 58s 04s

folk •.—..• • • • • . Ns 77s
Brown. .. Qs 70s
Kingston and Ware 77s 79s

Flour—Town-made .•• 60s 65;
Suffolk . •• •• •• •• 503 52s
Stocktn &Next)lk 503 52s

S MXTHFIELD.
The annexed statement shows the imports of live stock
into London in the past week : -
From whence. Oxen. Cows.
Rot' erdam - -
Ditto ... - ••• .. 4
Ditto ...... 20 ...... 6 .....
Ditto ...... ... ..... 36 ......
Harlingen
Ditto
Nieudiep

Sheep.

Calves

Total ...... —.... 89 308 205 45
At the outports the arrivals have been moderately good,
viz., 90 oxen and sheep and 100 cow; mostly from Rotterdam.
The great increase in the continental cattle trade for our
markets is clearly shown by the following official table of the
total imports during the years t rt-to and 1841,
1845. 1846.
Oxen
Cows ..
Sheep 15,845 ... ... 91,676
Calves ......
Pigs
Lambs ... ll2 ... ... 2,891

Total
The above shews an increase in the total importations in
1546 over 1845 of 112,206 head ! There were in the market
this morning abort 100 Beasts, and 130 Sheep from Holland.
Their general quality being by no means first rate, the de-
mand was in a very sluggish state, and prices were not sup-
ported. From our own grazing districts, the arrivals of
Beasts fresh up, to-day, were, compared with those at the
corresponding period last year, somewhat larger—or about
1,000 head more on offer than on the 9th of March, 1846.
There were some exceedingly well made-up Devons, Here-
fords, Scots, and Home-breds on sale; but at least a moiety
of the Beasts were light weighers. The weather being some-
what warmer than last week, the butchers evinced but
little inclination to purchase largely. The primest
arrivals were, however, in fair request at prices
about equal to those paid on Monday last; but
the inferior and second-rate ones were heavy, at, in most
instances, a decline in the quotations, of 2d. per 81bs. The
highest figure for the best Scotswas4s2d per 81bs. At the close
of the market a total clearance had not been effected. Front
Norfolk, Suffolk, Essex, and Cambridgeshire, we received about
1,400 Scots, homebreds, and short-horns ; from the northern
counties 350 short-horns; from the western and midland
districts 700 Herefords, runts, Devons, &c.; front other
parts of England, 500 of various kinds ; and, from Scotland, 220
horned and polled Scots. The remainder of the supply was de-
rived from abroad, and the neighbourhood of the metropolis.
The numbers of Sheep were considerably on the increase,
and of full average quality. Although the Mutton trade was
somewhat firmer than on Friday, it was by no means so
active at on this day se'nnight, and prices ruled a trifle
easier than on the latter day. A few very superior old
Downs sold at 5s 2d, but the more general figure did not
exceed 5s per Blbs. With Calves we were scantily supplied,
yet the Veal trade was in a very sluggish state, at barely
stationary prices. In Pigs only a limited business was doing,
at last week's currencies. There were a few Lambs in the
market, but they sold very irregularly.