The Sun.
London, England, 1841-07-14 00:00:00

SECOI,a) EDITION

THE FUNDS-(CLOSING PRICES.)
BRITISH FUNDS.

Bulk Stock ......... ...... 1704 -India Stocl•
3 per Cent Red. B9':, Ditto Bonds 7pm
3 per Cent Cons 894 Ditto Old. Annuities ...
34 per Cent Red 99i- Ditto New Annuities...
New 34 per Cent 964 'Ex. Bills, 1,000/....24d 16 pri
New 5 per Cent. — Ditto 5001 ltipm
Long Annuities to expire Ditto Small l5 pm
Jan. 1860 124 Bank Stock for Acct —1704
Oct. 1859 —
_;lndia Stock for 0pg....
.... .

Jan. 1860.
FOREIGN FUNDS.

Austrian, 5 per cent Portuguese, 5 per cent.
Belgidn, 5 per cent — Ditto, New Ditto 291
Brazilian 80nd5.......... 67i Prussian, 5 per cent.
Buenos Ayres, 6 per cent Russian, 5 per cent —
Chilian 6 per cent — Ditto, Metallic —
Colombian, 6 per cent... ISpanish, S per cent 2oi
Ditto, 1824. .. ..... 19a !Ditto, Deferred .. 94
Danish, 3 per cent 751 'French; 5 per cent. —f. —e.
Greek, 18g5, 5 per cent — 'French;
—f. —c.
Mexican, 5 per cent.... !French, 3 per cent —f. —c
Ditto, 6 per cent, 1625. I Dutch, 21 per cent. ... 59i
Peruvian, 1825, 6 per et. i Ditto, 5 per cent 1001
Great Western Railway (65 paid) .. Bli
Ditto New Shares (50 paid ssi
Ditto Fifth (4 paid) 74
Hull and Selby (50 paid) 36
London and Brighton (50 paid)....... ..... . 444
London and Blackwall Railway (25 paid)... , 14
London and Croydon Railway (Trunk) 124 •
Manchester and Leeds (70 paid) ...... ...
North Midland Railway (100 paid) ' 66
Ditto New Shares (40 paid)
•••
South Eastern and Dover (38 paid)... 184

THE ELECTIONS.

(BY EXPRESS.)

TIPPERARY COUNTY,_ FIRST DAY.
Cave 503
Maher ...................... . 5ll
Maude ........................... 293
Barker
_

WEXFORD.--LAST DAY, FIVE o'CLocx.
Esmonde 145
Bourne
LOUTH COUNTY.-FIRST NT"'
Bellew
Dawson
Fortescue

KILDARE COUNT )r:

M. O'Ferrall and R. Archbold elected.

WATERFORD COUNTY.

Hon. R. Carew and. W. V. Stuart elected.

COUNTY GALWAY.
J. Martin, Esq., and J. Bodkin, Esq., elected.
COUNTY LONGFORD.
Polling Day (July 13)—Candidates, E. White, Esq.,
Col. White, and J. Lefr9y,Esq.,_____

SOUTH- CHESHIRE.
Wilbraham resigned.
BOROUGH OF WATERFORD.

W. Christmas, Esq., and W. Reade, Esq., elected.
COUNTY OF LIMERICK.
W. O'Brien, Esq., and C. Powell, Esq., elected.
COUNTY OF WESTMEATH.
H. Tuite, Esq., and B. Chapman, Esq., elected.
COUNTY OF LEITRIM.
L. White, Esq., and Lord Clements, elected.

LATEST BETTING AT MAN-
CHESTER.

MANCHESTER, TUESDAY EVENING.
The betting-s have not been very brisk either yesterday
or to-day. The prices stand thus :--

LIVERPOOL ST. LEGER.
2 to 1 on the field.
LIVERPOOL CUP.

51 to 1 agst Mr. Johnstone's Charles Xll.—taken
7 to 1 agst Mr. Allen's Orelia—taken
7 to 1 agst Mr. St. Paul's Calypso
10 to 1 agst Mr. L. Heseltine's Milksop
11 to 1 agst Lord Westminster's Maroon
11 to 1 agst Lord G. Bentinek's Naw•orth
12 to 1 agst Recorder
14 to 1 agst Lord Stanley's Rhoclanthe
20 to 1 agst Lord Eglinton's The Potentate—taken
25 to 1
_23 to 1 agst Any other—off
DONCASTER ST. LEGER.-5 to 2 against Coronation
(taken) ; 1,000 to 30 against Marshal Soult—taken.

STATE OF TRADE.
(From the Manchester Guardian.)
The numerous and heavy failures which have occur-
red in different parts of the country, coupled with some
relaxation in the price of cotton at Liverpool, had
an unfavourable effect upon this market yesterday ;
and the slight advance pretty generally demanded
a week ago, was no longer insisted upon. There
was, however, a fair business done in yarn at the rates
current prior to last week. It is stated that the liabili-
ties of the banking-house which recently failed in this
neighbourhood, will amount to nearly a million sterling,
of which more than one half will fall upon Manchester
and the immediate neighbourhood, and the remainder
principally in Cheshire.
ROCHDALE FLANNEL MARKET, MONDAY, JULY 12.
—There has been to-day souse little improvement in the
demand for goods, but no change in prices. The wool-
market is dull, with steady prices.
HUDDERSFIELD MARKET, JULY 13.—This was as dull
a market, day as any for some months past ; and the
trifling business that was done was anything but satis-
factory. In short, trade is in a deplorable state ; and,
unless a rspeedy change takes place, extensive distress
will be inevi:able. Prices are quite nominal.

SPIRIT of the PUBLIC JOURNALS.

FROM THE EVENING PAPERS OF THIS DAY.
GLOBE.—If it wei e possible t iat the arguments
of Sir Robert Peel and Lord Stanley, in their re-
spective recent addresses to the collective wisdom of
Tamworth and North Lancashire, could permanently sa-
tisfy their minds of the policy of monopolies, we should be
compelled to think more humbly than we wish to do of
the faculties of those respectable fractions of our
fellow-citizens. There is nothing in either of these
harangues that does not resolve itself into Dne or other
of two equally groundless assumptions-,assumptions of
which it is difficult to believe their authors did not see
the fallacy. The one is, that by admitting foreign sugar,
or foreign grain, we should simply throw out of the
market the same quantityof colonial or home growth. The
other is, that because the project of Ministers is not calcu-
lated to lower prices greatly, on the average of a series
of years, it is therefore not calculated to confer any great
benefit on consumers. These two arguments, if argu-
ments they are to be called--the one addressed to the
fears of producers, the other intended to damp the hopes
of consumers—are, as we have said, mere shallow assump-
tions, on which it is quite impossible that any well-
informed mind should really rest, with any satisfaction
or confidence. They are, however, very well calcu-
lated for immediate effect on audiences not accustomed
to reflection on economical subjects. The same
simple considerations will suffice to demolish them
both. Is it possible that men holding the station of
Sir Robert Peel and Lord Stanley should be dupes
of the stupid notion that the demand and consumption of
n
is
fixed quantity; and that no. other
discussion than whether that quantity
questioncors sugar
under i s a
should be furnished from domestic or foreign sources ?
Is it possible they should imagine that a small difference
of average price is the sole advantage which the sup-
porters of free trade expect to realise ? We do
not indeed undervalue the importance of small differ-
ences of price. In order to estimate that impor-
tance, we need only consider how very small a rise of
price will preclude the poorest and most numerous classes
of consumers from the consumption of articles not of prime
necessity. Where prices are artificially raised (though but
slightly) on all provisions, economy must be exercised
by the poor man on those least necessary. Thus dif-
ferences of price, which appear slight to those less cir-
cumscribed, may, nevertheless, make all the difference
as to consumption or non-consumption, by great masses
of the population, of comforts and luxuries like coffee
and sugar. It has, on the one hand, been experienced,
that a fall of price, in the former commodity has im-
mensely increased its consumption, and that a rise of
priee on the latter has diminished it. With these facts
is before us, it idle to sneer at small reductions.